The Sun.
London, England, 1853-10-20 00:00:00

THE S U LON DON, THURSDAY EVENING, 0C ro BER 20, 1853.

tempting Austria and Prussia to consent at least
to favour the CZAR by their neutrality, Turkey
after securing the tardy but still formidable, and
even, it may be said without exaggeration, over-
whelming support of France and Great Britain.
Confronted by these terrible realities, the Aber-
deenites have still the frivolity or effrontery to
persist in romancing about further negotiations.
As if we had not already had quite enough and
to spare of these evidences of a blundering and
fatuous diplomacy—a diplomacy that has not pre-
vented even an ABERDEEN Cabinet from finding
itself called upon to despatch our maritime arma-
ments in the Mediterranean through the Dar-
danelleS to Constantinople ! A diplomacy tlat
has altogether failed either to secure accord
among the Four Powers, or to bring about
a reconciliation between the SULTAN and the
AUTOCRAT ! Upon a diplomacy like this we
are expected even now to found our hopes for
a satisfactory settlement. Than this, certainly,
no expectation could by possibility, under exis-
ting circumstances, be more preposterous. It is
like asking us to lean again upon a reed that has
already broken under our hand, and wounded us
to the quick !
No—England is doing now, at the end, what
she should have done at the commencement. She
is at' last sending her fleet, together with that
of France, into the Bosphorus. She is at length
making the evacuation of the Principalities the
sine qua non of a pacification. She is reluctantly
sustaining the Sublime Porte in the demand of
that most requisite evacuation. Had England
adventured upon precisely the same course in the
beginning, the Eastern difficulty would long ago
have been dissipated. Had she caused Admiral
DUNDAS to conduct his fleet through the
Dardanelles immediately the Pruth was
crossed by the Russian soldiers under Prince
GORTSCHAKOFF, we should speedily have witnessed
the consolidation of European tranquillity. The
CZAR, with all his ambition, with all his audacity,
with all his enormous self-confidence, and all
his gigantic dominions, would never have ven-
tured to take up a formal position against Turkey
had Turkey been supported from the first with
vigour, promptitude, and resolution by the repre-
sentative and the armaments of hei Britannic MA-
JESTY'S Government. The opportunity was lost,
however, shamelessly lost by England, thanks to
the timidity, or the incapacity, of the man hold-
ing in his hand at this momentous juncture the
responsibilities of the Premiership. Instead of
striving to settle the difference by promptitude, we
have been endeavouring to solve theproblem bypro-
crastination. Whence during the interval the entire
question has become deplorably complicated. And
now with no good whatever, but with incalculable evil
effected by the delay, Turkey is being at last
permitted by her Western Allies to adopt a bold
and energetic policy, while France and England
are at length doing what they should have done
chivalrously in the first instance—despatching their
combined fleets to the waters of Constantinople.
The delay, we fear, may prove in the end to have
been singularly ill-advised, because calculated, we
believe, to prove fraught with the most disastrous
consequences. It has fostered hatred, and fo

meuted jealousy under the garb of friendship and
the mask of conciliation. It has rendered war
unavoidable, and, what is worst of all, it has done
this under the pretence of more effectually secur-

ing the blessings of a protracted tranquillity.

The investigation before the Coroner and a
jury of the County of Kildare into the cause of
the late deplorable accident on the Great Southern
and Western Railway of Ireland, has been brought
to a conclusion. The searching, patient, and im-
partial inquiry has terminated. It will, we be-
lieve, be admitted by all disinterested and unpre-
judiced persons that the parties officially con-
cerned have well and faithfully discharged the
onerous and important duties confided to their
charge—that they left nothing undone which
could by a possibility tend to elicit the truth, and
to place the responsibility on the right shoulders.
The most captious and unreasonable opponent of
the railway system could find nothing to cavil at or
find fault with during the course of the inquiry.
The Coroner well merited the eulogiums passed on
his conduct by the eminent gentlemen who attended
professionally during the protracted inquiry, and
the jury, collectively and individually, manifested
great intelligence, coupled with an ardent desire
to ascertain the real causes of the calamity, so
that the sad experience of the first formidable
railway accident in Ireland might be turned to
the best advantage. In one respect they were
better qualified for the task than an English jury
could have been. Ireland had, heretofore, enjoyed
a practical immunity from such lamentable events,
and none of the leading journals at the other side
of St. George's Channel had habitually endea-
voured to poison the minds of the people against all
persons engaged in carrying out the new and im-
proved system of locomotion. Neither railway
directors nor officials had been depicted as crimi-
nals of the blackest dye, who should suffer in
person as well as in purse for every accident that
occurred. The jury could, therefore, enter on
their labours without bias or prejudice, and they
received every assistance from the Company, so as
to enable them to arrive at a decision in accord-
ance with "the truth, the whole truth, and nothing
but the truth."

The result has been in accordance with our an-
ticipations. The Directors have been not only
fully and completely exonerated from all blame in
the melancholy transaction—but have been com-
plimented on the judicious precautions adopted
for the prevention of accidents. The jury at-
tached a rider to their verdict, in which all parties
who heard and considered the evidence adduced
must concur. They
this important and painfulinvilesatviignagtionnowt
obraouogohnt-
elusion, we feel it incumbent on us to state that
we have minutely examined the rules and regula-
tions which have been issued by the Directors
to their officials. It appears to us that
those rules and regulations reflect the highest
credit on the judgment of their authors, and that
they are well calculated to secure the
lives and
property of the passengers. It is our conviction
that no culpability can attach itself to the Com-
pany on account of the late fatal collision ; but,
on the contrary, we think them fully entitled to
that public confidence which they have hitherto
enjoyed." Under such circumstances, it is diffi-
cult to say why any loss beyond the damage to
their property, which must reach to a considerable
amount, should be inflicted on those to whom
"no culpability can attach." And yet, if any
negligence can be proved against their servants,
they may have to pay enormous sums to the re-
presentatives of the deceased, and to every person
in any way injured by the fearful event. This is
surely no trifling responsibility ; and yet it is
thought not sufficient by those who seem to
think that the railway interest should be
victimised at every stage by shortsighted land-
owners, who extort tenfold the value of the land
taken, and by stringent regulations that multiply
iLerntutailly,
the Parliamentary expenses to an extent sufficient
e
to construct a line in another country. And,
eventually, `hen the road has been constructed at
the various extortions have been submitted to,
there areansysdtoenibale systematic
ctahe necessary outlay, when
odwiensctess
aainet, aatntde mt
to
tds tmo
acnudt
down the fares to the
extraordinary accommodation of
and glorypromo as if the honour
quite enough forthose w tin g
hthe public:glit to be welfare
lb:stowd was
as considered
s
as national benefactors ell,
highest honours that the Statderecwarded with the
o
aen
wady
adequate
adequate
.
There must unquestionably be a .
medy for this state of affairs—a re
re-
to the magnitude of the emergency, which, whil
offering every degree of protection to the tr e
a-

yelling community, will yet prevent Companies
from being severely mulcted in consequence of
circumstances wholly beyond the control of their
Managers. If there be criminal negligence on
any side, by all means let the parties to whom
it can be traced suffer for the consequences
of their own want of caution. But if " the
rules and regulations adopted reflect the
highest credit on the judgment of their
authors"—if " they are well calculated to secure
the lives and property of the passengers ;" and if
due care be taken in the selection of the servants
that they are men of approved character and ex-
perience, in whom confidence may reasonably be
reposed, it is too much to charge those who
have well and efficiently discharged their func-
tions with the backslidings of others. Let Par-
liament interfere by all means, but let it do so
fairly and equitably. The Directors do not re-
quire either favour or affection ; but they are
entitled to demand the absence of prejudice or
animosity on the part of the chosen representatives
of the .people. •

MONEY MARKET

AND
CITY INTELLIGENCE.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday were
estimated at 7,000 bales, of which 1,000 American
were taken for export and on speculation. The market
closed heavily. The sales comprised 4,500 Ame-
rican, 800 Pernam and Maranham at Rd. to Bd.,
150 Bahia at 6d. to 6/id., 600 Egyptian at sid.
to 10d., 700 Surat at 20. to 3id., and 40 Sea
Island at Is. Bd. to 2s. 2d. per lb. In Railway
Shares only a limited business was done at rather
higher prices.
The following particulars giving the result of the
Indigo auctions, are furnished by Messrs. H. W.
Jewesbury & Co.
"After the close of the last July sale this article con-
tinued in fair demand at full rates, the tendency of
prices being upwards from the general impression that
the future prospects of indigo were much in favour
of higher prices • but at the opening of the present sale
it was evident that the high rate of discounts, together
with the increasing uncertainty with regard to the ter-
mination of the Eastern question, had produced consid-
erable caution, particularly as regards the foreign buyers,
and the result has been a very flat sale, which has re-
quired strong support on the part of importers, by
withdrawing large parcels as the sale progressed to
maintain the quotations given below; good Bengal,
good and fine Kurpah, and fine Madras, have
been in good demand, and for these descriptions an ad-
vance has been paid ; all other sorts have ruled from
July rates to a discount. Of the quantity brought for-
ward it is estimated that 4,360 chests are brought in,
6,602 withdrawn, and 5,619 sold, to which may be
added 800 of the brought in and withdrawn, making the
total quantity sold about 6,400 chests, of which 5,000
are said to be for export, and 1,400 for home use and
re-sale. The following are the quotations as compared
with the last July sale :—Good and fine shipping, par
to 3d. lower ; ordinary and defective ditto, par to 2d.
higher ; broken and consuming, par to 3d. lower ; Ma-
dras good and fine, 3d. to 4d. higher; middling ordinary,
par to 3d. lower ; Kurpah good and fine, 3d. to 4d.
higher ; middling and ordinary par to 2d. lower."
The public sales of colonial and foreign wool
commence this afternoon. A full average quantity
will be offered, and owing to the state of the
money market, there may be some difficulty in
supporting prices. The woollen trade, however,
is in a sound position, and quite uninfluenced by
speculative dealing.
The amount of specie which will leave South-
ampton to-day by the Peninsular and Oriental
Steam Navigation Company's ship for the Over-
land Mail is 284,330/., of which 8,0001. in gold is
for Ceylon, 78,9001. in silver for Bombay, and
50,1501. ditto for Calcutta.

The Undine and the John Souchay, from Van
Diemen's Land, have brought 1,344 ozs. of gold.
It is stated that the Bank of France will proba-
bly raise its terms again. This may be correct, as
bills would naturally be sent from London, if they
could be negotiated on lower terms at Paris. Gold,
however, is still dearer at Paris than here, and
being attracted thither, no immediate necessity
may be felt for an advance in discounts.
The broker who usually acts for the Bank of
England has been a large seller of Exchequer Bills
this morning, said to be to the extent of 100,0001.,
and for account of the Government. Great com-
plaints are made of this system of selling in the
market, and the Chancellor of the Exchequer gets
much blamed by the moneyed interest. We be-
lieve, however, that he has precedents in his
favour.

The English' funds have been extremely quiet.
Consols opened at 912 R., receded to 911 #, and are
now 91g•1. • The foreign news is of no importance,
but the Bank meeting having broken up without
advancing discounts, has had a good effect. The
New Three-and-a-Quarter per Cents. have been
921 to and, the Three per Cents. 901 to Bank
Stock is worth .216 to 218, and South Sea Stock
112. Exchequer Bills have been marked 3s. to 75.,
premium, and India Bonds 3s. discount. The
business this morning has been principally in New
Three-and-a-Quarter per Cents., and in the Re-
duced Three per Cent. Annuities.
In the Foreign Market there has been more ac-
tivity, but unattended by any advance in prices
except in one or two instances. Russian Five per
Cents. have been firm, having been done at 112 and
1127. The Four-and-a-Half per Cents. have been
dealt in at 97 and 97k. Belgian Four-and-a-Half
per Cents. have realised 96 and 97, and Dutch
Two-and-a-Half per Cents. 621. Danish Five per
Cents. have been marked 1011 to 102. The
Northern Securities have been those mostly dealt
in this morning. Spanish New Deferred Bonds
have been marked 21k, and the Certificates 5k and
5/. Portuguese Four per Cents. are quoted 41. i.
Mexicen Bonds being 23/ to and Venezuela have
been at 31. Buenos Ayres at 561, and Brazilian
held at 97.
The last week's railway receipts ascertained up
to this day are in round figures as under :

X1532:632 12,672433 £51,08312740
627
Brighton
oroiugrtthhhtiee.
s.st.te.e.ir..n 13,n. ............. . . . . . . . . . . . . . 1853. 1852.
Midland ................................ 25,711 24,265
...
.. i.. ...... 19,012 18,530
South-Eastern—
Caledonian and Edinburgh
Glasgow .. ...... and 1561
Great Northern.
.....................
19,0123 14,361
14,940
Lancashire and Yorkshire ... 18,228 17,220
Yorkand North Midland,Ne; . .. •*.
and Berwick, and Leeds Northern 30 389 226,277
hern '

There has been a marked want of activity again
in the Railway Market, and the quotations con-
tinue heavy. This applies not only to the large
and established lines, but likewise to the smaller
undertakings. French shares are equally quiet,
and the only bargains this morning in the foreign
shares are in Luxemburg.
The Gold Mine Shares have been heavier, and
there is a decline in the Anglo Californian, Agua
Fria, Colonial Gold, and others. This is rather a
singular feature, after the firmness that has pre-
vailed for some time, but it is evident the market

cannot bear the pressure of sales, and where the
undertakings are sound, holders have no resource
but to remain firm.

The Australian Bank Shares have also been
rather lower, and the Land Companies' are not so
good.

BANK OF ENGLAND.

The Directors at their meeting this day have not
made any further advance in the rate of discount,
but it is understood that the date of the paper upon
which accommodation is asked, becomes more a
matter of consideration, and that the bank discri-
minates and does a smaller portion of the bills
offered by the large firms, so as to distribute its
favours more equally.

BRITISH FUNDS THIS DAY.
(From the Oficial List.)

- Business done.
Bank Stock . . ....... 2lB 16
3 per Cent. Reduced Annuities p7 3 3
3 per Cent. Consols Annuities 9lB g g
New 3 per Cent. Annuities
Long Annuities, Expire sth Jan., 1860 5 3-16 5-16
Ditto 30 Years, Expire sth Jan.,1860 5 7-16
India Bonds, £lOOO . . .
Ditto, under £lOOO 5 d
South Sea Stock
l-,•)nsols for Account
Exchequer Bills, 2d.
£l000
11500
Small 7 3 6 3 2 p
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per t 'eut
Buenos Ayres Bonds, 6 per Cent 56
Danish Bonds, 1825, 3 per Cent
Chiliau Bonds, 6 per Cent .. 100:t 99i
Ditto 5 per Cent
Equador Bonds
Mexican 3 per Cent.
Ditto for the Account 24
Portuguese Bonds, 4 per Cent
Ditto, 1848, 3 per Cent 3B 7
Russian Bonds, 1822, 5 per Cent. £St ll2
Ditto 41 per Cent 97
Spanish New Deferred, 3 per Cent 212
Spanish Committee Cert. of Coup. not fun sh p c
Venezuela Bonds, 34 per Cent.
Dividends on the above payable in London.
Belgian Bonds 44 per Cent. ex. 25 fr
putch Exchange, 21 per Cent. 12 Guil 62A
.Ditto 4 per Cent. Certificates .....
'THREE O'CLOCK.

Consols
Ditto October Account 914. g

M X3lYMONE.—Macbetle was performed at this theatre
last n;ght, Mr. J. W. Wallack, who has become lessee
of ti to theatre, representing Macbeth, and Mrs, J. W.
Wall ack the heroine of the play. It was Mr. J. W.
Wall ack's first appearance since his return from Americo,
and t In. J. W. Wallack's first appearance in England.
Mr. A Vallack's acting was throughout extremely careful,
and t h ough it might be an exaggeration to say he was
great, yet his performance was more than mediocre, and
ho ge cierally well appreciated the character. Mrs. J.
W. `. Wallack pourtrayed the ambitious, daring, and
guilty woman with great power, and in a manner which
cane& forth repeated plaudits. She is decidedly a
valun,ble .acquisition to the English stage. At the close
Mr.. and Mrs. Wallack were called before the curtain,
as wa a) so Mr. H. Vandenhoff, who personated Macduff.

SPORTING NOTES.

WORDS OF WARNING.

The legitimate proceedings at Warwick on Tuesday
were neither important nor interesting. The racing was
marked by a leather-flapping mediocrity, and occasioned
little active speculation. Few book-makers " assisted"
at the celebration of the sport and the attendance of
pleasure folk was miserably scanty. Still the'weather
was warm and sunny. On Wednesday, however, a
dreary change took place in the " skiey influences."
Throughout the day the rain fell in drenching torrents,
rendering the course deep and sloppy, and in parts
covering it with water and giving it the appearance of a
lake. The steeple chases were regarded with indiffer-
ence, and betting on them was conducted with signifi-
cant caution. The " doings" connected with them were
not so glaring and discreditable as on many former oc-
casions, yet they were sufficiently perceptible to show
that the principal promoters of the sport have not for-
gotten their cunning, and only require favourable op-
portunities to put it in practice. Indeed it was evident
that in certain quarters a strong determination exists
to pursue their peculiar " tactics" with a more daring
disregard of public opinion than ever. The "Box of
tools" is completely furnished and in readiness for use.
The meeting concluded with a squabble. Needwood,
the winner of the Selling Steeplechase was entered to be
sold for 301. In accordance with the conditions of the
race he was put up for auction ; the bidding was brisk,
and he was ultimately "knocked down" for 2701. to
Mr. Land, his former owner, although Mr. Mather had
made an offer of 2751., an offer which the auctioneer
thought proper to disregard. A dispute arose, the
auctioneer was requested to act up to the conditions of
the sale, and again put up the horse. He refused ;an
appeal was then made to the clerk of the course, but
with the like effect, although it could be clearly proved by
creditable witnesses that two persons had actually bid
over Mr. Land ! These Selling Races as they are aptly
denominated, are merely means of deceiving the public;
for it is monstrous that a horse honestly worth 3001.,
may be entered for them to be sold for 301., in order
to secure the allowances of weight. His success is
then certain, he is heavily backed by his owner
and the party that " stands in," and by an accommo-
dating arrangement with the race officials, the owner
can still keep his horse, for it matters not to him whether
he buys him in for 1,0001., having stipulated previously
the sum which he is to present to the fund. Thus was
he steeple-chase season ominously inaugurated. If Mr.
Merry desires the meetings under his management to
prosper and become popular, he must discountenance
these nefarious proceedings. Already gentlemen are dis-
gusted, and the time may come when they will refuse to
patronise and support all merry meetings. We trust
that these " words of warning" will be duly considered
by all whom they may concern.
No important movement has been made relative to
the Cambridgeshire. Balrownie's success at Kelso has
caused his further advance in the betting, and a growing
partiality has been evinced for Seahorse. The heavy
rains have greatly impeded the work of preparation.
Among the "sweaters" at Newmarket during the cur-
rent week have been Mountain Deer, Seahorse, Talfourd,
Invasion, Boarding School Miss filly, and Indian War-
rior. Seahorse is much liked, and his trainer is confi-
dent of success. He however has many opponents, who
are prejudiced against him because he is a "foreigner."
He will, I am informed, be "put through the mill" to-

morrow.
Oct. 20.

A FRESH MAN.

NARROW ESCAPE OF A MAIL PACKET.

SOUTHAMPTON, WEDNESDAY, 9 P.M.
The mail steam-ship Despatch, which carries the mails
between Jersey and Southampton, was nearly lost off
Jersey, shortly after leaving that port on Monday last.
It appears that she left early on the morning of that
day, and, when within about half a mile from the Cor-
biere, carried away her intermediate' shafts, and also
both her eccentric rods. A very heavy sea was running
at the time, and every exertion was made to keep the
vessel clear of the rocks, which render the navigation at
that part very dangerous ; but, unfortunately, her helm
would not answer. Guns were at once fired as signals
of distress, and her Majesty's ship Dasher, which hap-
pily was lying in the docks at the time with steam up,
immediately proceeded to her assistance, and after some
difficulty towed the distressed vessel back to Jersey.
The Dasher in her exertions became nearly filled with
water, and also carried away a boat. The Despatch had
on board 106 passengers, all of whom were, of course,
in a position of the greatest danger. Had not a favour-
able wind sprung up, which protected the vessel from
foundering on the rocks previously to the Dasher's ar-
rival, little doubt exists that all on board must have
perished.

The mails, which should have reached Southampton
on Monday night, arrived by the Courier .at eight this
evening.