The Sun.
London, England, 1865-08-09 00:00:00

MADAME TUSSAUD'S EXHIBITION.-
Established 30 years, at the Bazaar, Baker-street.
NEW ADDITIONS.—In accordance with the season, the
Exhibition has been entirely re-embellished. we f
the ancient Court Dresses of the most costly description,
faithfully copied from the most minute pictures, have been
renewed. Modern Court Dresses of the most splendid de-
scription, selected from the first houses in Paris and London,
and probably never equalled or surpassed, are now on view.
Life-size Models of DOCTOR E. W. PRITCIIARD and
CONSTANCE KENT are now added.
Open from 11 a.m. till 10 p.m.
Admittance, One Shilling; Extra Rooms, Sixpence.

CONVERSION and UNIFICATION of the
INTERNAL DEBTS of tho OTTOMAN EMPIRE.

NOTICE IS HEREBY GIVEN, That the CONVER-
SION of the INTERNAL DEBTS of the OTTOMAN
EMPIRE, in accordance with the laws of 17th (29th), 18th
(30th), and 19th (31st) March, 1865, will be OPENED on
TUESDAY, the 3d (15th). August,. 1865, in the eitieeLgsd.
by the establishments hereinafter mentioned :
Constantinople—By the Provisional Agency of the General
Credit and Finance Company of London, at the building
of the late Exhibition, Place do l'Hippodrorne.
London—By the General Credit and Finance Company of
London, 27, Austinfriars.
Paris—By the Socidta Generale pour favoriser to Wye-
loppment du Commerce et do l'lndustrio en France, 68,

Rai, de Provence.
Amsterdam—By the Banque do Credit et de Deptits des
Pays-Bas.
Frankfort-on-Maine—By Messrs. Von Erlanger and Sons.
Alexandria—By the Anglo-Egyptian Bank.
Vienna—By the Credit Anstalt of Austria.
Turin—By the Credit Mobilier Italian.
Geneva—By the-Banque de Credit Genevois.
Brussels—By Messrs. J. Mathieu and Sons.
The law of the 17th (29th) of March, 1865 creates the
Grand Livre de la Dette Generale de l'Empire Ottoman,
and that of the 18th (30th) March ordains the inscription of
a sum of 40,000,000 Medjides d'or, composed of 29,000,000
intended for the unification of the internal debts of the
empire ; of 4,000,000 issued by public subscription ; and of
7,000,000 intended for public works, and only to be issued
as follows :-2,000,000 at the soonest one year after the
subscription of the 4,000,000; 3,000,000 at the expiration
of two years ; and 2,000,000 at the expiration of three years.
According to the law of the 17th (29th) of March, no
further inscription can be made in the Grand Livre except
in virtue of a special law legally published, and after suffi-
cient provision has been made for the interest and sinking
fund of the now inscription.
The genbe
yralthedreebste"ine fund,seri
inscribed
by in
nthe
the empire actually unencumbered, and by the revenues
already charged as they become available by the amortisa-
tion of the existing foreign debts, of which they constitute
the special guarantee. the
eeneral Grand
revenueslivr of
e is
guaranteed
The debt inscribed on tho Grand Livre is to be amortised
in 37 years by means of redemption (rachat), and the
numbers of the bonds redeemed will be published by the
special council charged with the superintendence and con-
trol of all the operations of the sinking and reserve funds.
The bonds bear an annual interest of 5 per cent, pay-
able in gold on the Ist (13th) January and the Ist (13t9
of July of each year at Constantinople, London, Pans
Amsterdam, and Frankfort-on-the-Maine, at the fixed rate
of 110 gold edjidies, £lOO sterling, = 2,500 francs.
By the provisions of the law of the 19th (31st). March,
1865, the conversion of the principal classes of internal
debts, viz., of the Esharai-Djedides of the four issues, of
TahvilatiMumtazes, and of the 10-year Serghis will be
effected on the following conditions :
Against 100 gold Medjidies of Eshami-Djedide (con-
solides) of the Ist, 2d, 3d, and 4th issues, there will be
delivered 121 gold Medjidies of the general debt, equal to
£llO sterling, or to 2,750 francs.
Against 100 gold Medjidies of Tahvilati-Mumtaze, there
will be delivered 143 gold Medjidies, equal to .£l3O ster-
ling, or to 3,250 francs.
Against 11,000 piastres of 10 years Serghis (on seneliks),
there will be delivered 110 gold Medjidies, equal to £lOO
sterling, or to 2,500 francs.
The Bonds of the General Debt form three classes, viz :
Bonds of 110 Gold Medjidies=£loo sterling=2,soo francs
55 „ = £5O „ =1,250 „
11 = £lO It 250
Each I
bond will be separately inscribed in the Grand
Livre, and will be signed by the Minister of Finance by
the Governor of the General Debt, and by a Controller de-
legated by the Grand Council.
The first Coupon of Interest on the Bonds of the General
Debt being due the Ist (13th) July, 1865, the bearers of the
old Bonds drill receive from the Commissioner-delegate at
the time of verification of their bonds, special coupons re-
presenting the interest due to them in virtue of the law of
19th (31st) March, 1865.
These Coupons will be payable at the Imperial Ottoman
Bank at Constantinople, London, and Paris, on presenta-
tion, except the special Coupons relating to the arrears of
interest on the Ten-years' Serghis, and due the Ist (13th)
January, and Ist (13th) July, 1866, which will be paid on
their respective due dates in accordance with Art. 7.
In virtue of Articles 11 and 12 of the law of the 19th
(31st) March, 1865, all securities of the internal debts, to
whatever class they may belong, not presented for conver-
sion within the period of three months from the opening of
the conversion—that is to say, between the 3d (15th)
August, and the 2d (14th) November following, will not
be convertible, except with a reduction of 10 per cent., and
only during the period of one month and a half from the
2d (14th) November, 1865. On the expiration of this
second period the operations of the conversion will bo de-
clared closed.

In order to facilitate the operation of the conversion,
and to avoid the necessity of issuing Provisional Certifi-
cates, and sending the original bonds for verification to
Constantinople, the Imperial Ottoman Government has
appointed, besides the Commissioners-delegate, verificators
to attend at London and Paris during the whole period
appointed for the conversion, to verify the bonds pre-
sented for conversion.

Securities presented elsewhere than at Constantinople,
London, and Paris will be transmitted for verification to
London, except those presented at Alexandria, which will
be sent to Constantinople.
Definitive Bonds of the General Debt of the Ottoman
empire, with coupons for 37 years, now in course of manu-
facture, will be delivered as soon as ready in exchange for
the securities presented for conversion.
In the meantime the securities presented will receive, at
the time of verification, an official stamp and the signature
of the Commissioner-delegate attesting their verification,
to be exchanged by the bearers for the definitive bonds of
the general debt.
Forms of application for conversion may bo obtained at
all the offices where the conversion will take place.
Copies of the laws may be obtained at the same places,
and also at the offices of the solicitors, Messrs. Baxter,
Rose, Norton, and Co., No. 6, Victoria-street, Westminster.
For and-Finance Company
Creditoted
),Agents for the Con..tmaw NAQDONALD, Cienoral Nguager.
raf thec London (Limited),
cumi