The Sun.
London, England, 1854-07-24 00:00:00

THE SUN, LONDON, MONDAY EVENING, JULY 24, 1854

to walk into a country when fighting seemed over,
but drawing back as soon as it found it must
face enemies whom the Turks could easily van-
quish.

Yet this is the contemptible power which em-
barrasses our movements most of all. We be-
lieve the Cabinet friends of Russia would be
unable to resist the popular voice, were not
those who care least for Russia inclined to be
very court-eous to Austria, and but too willing to
please the less cruel, perhaps, but imbecile and
vacillating despot of Prussia. Two worthless
families, not two nations—the HAPSBURGS and
HOHENZOLLERN 3—not the countries they defraud
and oppress under the name of governing, have
kept thewar back till they have almost lost England
and France a campaign, and doubled or trebled
the cost to this nation ! It is a grave question,
indeed, whether a Cabinet which has thus sacri-
ficed our opportunities, our allies, our money,
and we fear in the long run the blood
of our sailors and soldiers, to keep
square with Governments loathed by this country
only less than Russia, ought to be trusted from
under the eye of Parliament. We think it ought
not. Never was it more the duty of our repre-
sentatives to be prepared to sacrifice the pleasures
of grouse and partridge shooting if necessary, or
to submit to spend some of their time at West-
minster in the autumn, than now. The country
has paid, is asked to pay, and will be asked again
and again, and as guardians of the people's purses,
not to speak of their honour, it behoves the
members of the House of Commons to keep our
Government under its eye while the money is
being spent. The nation will not have work for
its money unless our Ministers do it under their
Master's eye.
Thera is one thing which, after all that has
been said, the people of this country are yet ap-
prehensive of, and that is the leaning of the
Court, the unconscious leaning, as many suppose.
It is difficult to believe that when all the rela-
tionships of the highest personages in the king-
dom are continental—German, in fact,—when
relatives of the first subject in the realm are parts
of Courts and armies all protected by the virtual
suzerainty of Russia against their own peoples, all
implicated, more or less, with Austria and
Prussia—it is difficult to believe that the
Court can wish to pursue a bold and free po-
licy, caring nothing whether these two Powers
and the petty States of Germany are pleased
or displeased. England wishes Germany were
sent to the dogs, to use our homely native idiom,
so far as this war is concerned, but cam our Court
wish it ? and can therefore a Ministry which
would enjoy Court favour wish it ? No conscious
disregard of England's interests is suspected in
the highest quarters, but the country is getting
again very impatient at seeing that Austria and
Prussia can disgrace themselves to the utter-
most, and that yet they are coaxed, not
snubbed, by a Cabinet more popular with
the court than with the nation. Till all
this is altered and Germany thrown overboard,
we think it unsafe to trust our PEELITES, at least,
with the nation's money. Indeed, the true way
to bring Austria and Prussia to our feet is to
show them that we deem them as worthless as
they are. An efficient blow at Russia in the
Black Sea, especially if sustained by another in
the Baltic, would teach the craven despots of
Berlin and Vienna whose friendship was best
worth having. But for the love of NICHOLAS
and METTERNICH, these blows would have been
struck, probably, already. It is not quite too
late now, but nothing can be hoped for unless
Ministers are kept under the observation of Par-
liament.

that, with GOD'S help, they may bring this dread
war with Russia to a speedy and decisive issue.
In pursuance of his blasphemous course, when
closing his first and most mendacious Manifesto
with a verse from the Royal Psalmist, and when
chanting re Deitin, in his Cathedral over
a brutal and lawless massacre of his
fellow-creatures, the CZAR has dared to assert as a
simple fact, through the document penned in his
name by his imperial Chancellor NESSELRODE-
-that he is with GOD and that GOD is with him
—adding in proof of the veracity of his avowal that
victory still continues on the side of Russia !
Victory still on the side of Russia—notwithstand-
ing the Turkish triumphs of Giurgevo, and Tur-
tukai, and Citate, and Oltenitza, notwithstanding
the driving back of the Muscovite invaders from
the Danube to the Sereth, notwithstanding their
repulse under the glorious ramparts of Silistria, not-
withstanding the destruction, since the commence-
ment of the campaign, of nearly 50,000 of the
Russian soldiers, and the killing of their
two great generals, LUDERS and SCHILDERS,
and the wounding of their joint commanders
GORTZCHAKOFF and PASKIEWITCH 111 spite
of all which facts, patent to the knowledge
of any one wll-9 reads the newspapers, NESSELRODE,
speaking in the name of the Czar NICHOLAS, in
the flagitious and mendacious document in which
he urges Baron BUDBERG to deal heavily with the
recusant Boyards of Wallachia, asserts, has the '
consummate effrontery to assert, that victory
is on the side of Russia, venturing upon
this monstrous untruth in testimony that
the CZAR is with Goy, and that GOD is with
his Government ! The blasphemies of the
AUTOCRAT could scarcely go further. To avenge
and silence whose impious audacity alone, if for
no other reason—England and France should
tarry no longer, but arise in their might, and,
with humble reliance upon the aid of HEAVEN, vin-
dicate the justice of their cause, the justice of a
cause which is not one of political conquest or of
territorial spoliation, but one simply in behalf of
peace and of humanity, of religion as opposed to
fanaticism, of civilization as opposed to barbarism,
of freedom as opposed to autocracy.

A subject of deep and parathount importance
will be discussed, and possibly decided, this even-
ing. The guardians of the public purse are in-
vited to surrender the trust confided to their
charge—to permit Lord ABERDEEN and his col-
leagues to dispose at his and their mere will and
pleasure of no less than three millions sterling of
the public money, and that without having the
slightest notion as to the mode in which that
money is to be applied, or how a considerable
portion of it is to be raised. Would it be wise,
or even constitutional, to concede this unreason-
able request ? Can the popular branch of the
Legislature be thus permitted not merely to abdi-
cate its functions, but to transfer them to other
hands ? Can any amount of " confidence" justify
a proceeding so insane and suicidal ? No matter
whether the Minister for the time being required
the "curb" or the "spur"—whether ho was
desirous of pressing on vigorously and decisively,
even incautiously and recklessly, or lingering in
the background, so as to render the British power
more formidable to friends than foes, the Commons
House of Parliament should vindicate its own
position, and refuse to transfer the control and
management of affairs from its own hands to any
others, however capable or deserving. The most
trusted and trustworthy should not demand so
great a sacrifice, nor should the chosen represen-
tatives of the people disgrace themselves by esta-
blishing a precedent so fraught with danger to
popular rights and privileges as that now attempted
to be established.

There cannot any longer be a doubt as to the
folly of our dreaming of winning over the CZAR
to peace by mere diplomatic negotiations. That
is settled beyond any further question, by the
last document put forth as the expression of the
policy and intentions of the Russian Government.
The atrocious letter, we mean of course, addressed
in the name of the AUTOCRAT to Baron BUDBERG
by the Chancellor of the Empire, NESSRLRODB--
having reference to the Boyards of Wallachia.
Now that that most execrable evidence of the
the arrogance of the Emperor NICHOLAS, of his
cruelty, and of his desperation has been formally
placed before the world by the simple fact of its
publication—the mask has fallen from the face of
the CZAR, his wiles are scattered to the winds of
Heaven, all his spurious pretexts of right and
justice are thrown aside as no longer necessary,
and the infamy of his whole scheme glares, without
a shadow of excuse, upon the recognition of Chris-
tendom.

What is it that has established the predominance
of the democratic element in the British Constitu-•
tiou ? What is it that has insured the ultimate
success of any matter emphatically and decisively
taken up by the multitude, in favour whereof the '
voice of public opinion has audibly pronounced ?
Simply the tightness of the hold retained
over the national purse-strings by the elective
branch of Parliament, by those who must peri-
odically render accounts of their respective
stewardships, and on the faith of their past con-
duct found their claims for a renewal of confidence.
It is that which gives strength and vitality to
"the pressure from without." if that were yielded
either to force or fraud, farewell to the British
Constitution. Ministries would no longer be com-
posed of squeezable materials. The limited
Monarchy, the boast and pride of our forefathers,
could no longer be maintained, and we should be
satisfied to live under a despotism or an oligarchy !
What is now achieved by a peaceful vote in the
Lower House could then only be attained by
street-lighting. Our " revolutions " would no
longer be " bloodless." If the Government be-
came unpopular, the feeling might no longer be
appeased by a change of Ministers. The dynasty
might be imperilled, and the throne of our be-
loved SOVEREIGN endangered by a criminal yield-
ing to the unjustifiable demands of her Cabinet.
It has become so common as to have passed
into a proverb, that "what has been acquired
by British arms, has been lost by British
diplomacy." Are we to place additional powerin
the hands of these incompetent negotiators to
remove the only check that can influence their
proceedings ? We have already seen the futility
of their attempts to bring about a favourable
solution of the existing difficulty--have deplored
the time wasted previously to the commencement
of the present Session. The convocation of Par-
liament, however, supplied the necessary stimulus,
1 and something was done almost immediately after
the delivery of the Royal Speech. To what, then,
ate we indebted for the little that has been ac-
complished, save to the necessity of satisfying the
representatives of the British people ? Lord
ABERDEEN would scarcely favour the public
with explanations or renunciations of any
declarations he might have made, or views
that might have improvidently been brought
to light, if there were no impending motion
to be got rid of—no inconvenient ques-
tion to he shelved. We owe much to Parlia-
ment, but never has its influence and power
been more urgently required than at the present
time ; and if, in consideration of its past labours,
we feel called upon to consent to a temporary va-
cation, it cannot be for a very protracted period.
We are fully aware of the many serious objec-
tions to an autumnal sitting. It will not do to
have " all work and no play;" and legislators and
Ministers require relaxation as well as those en-
gaged in other avocations. But surely two
months are amply sufficient for the pursuit of
health or pleasure, and they may easily return to
their duties in October ; so far, at leas; as to de-
cide on questions relating to the war, and the
grantinga ae.Never,
of the
indeed,necessary was
suppliesa
meetingfo r its
of
fc continu-
ance. uitihuae:
ment more essential to the welfare, not merely of
the British nation, but to the interests
of
civilised world—to the safety of freedom sand Con-
stitutional government where they now exist, and
to their progress through other lards, in Which,
as yet, they are unknown. The members of
Parliament who, at such an e ,
y
mergency
would suffer themselves to be influenced by an
personal considerations, either of anticipated en-
joyments that must be relinquished, or possible
inconvenience that may be sustained by the au-
tumnal session are unworthy of their position, and
should make way for better men. Let tsheomf
inde-
pendent in for boredom," or anything else ttiey think
proper, but no longer seek the sutrrs,ge
pendent constituencies—who requi-ce more earnest
and devoted persons for the performance of the
indispensable work which the ethers are too in-
dolent or too much " used up " to discharge,

In the communication referred to, the CZAR, at
last, boldly avows through his Minister his de-
termination to seize at all cost, and to absorb
into his own dominions, the invaded Danubian
Principalities. Not another syllable now about
retaining Moldavia and Wallachia simply as "ma-
terial guarantees " for the recognition by the
Sultan of his right to assume supreme authority
over the whole multitude of the Greek Christians.
The provinces are not to be held for a time
merely now, but to be secured to Russia iu per-
petuity. And this, moreover, without consult-
ing in any way the wishes of the inhabitants. So
far, indeed, are those unfortunate inhabitants
from being allowed any choice in the matter
whatever, that it is distinctly intimated to Baron
BUDDERO by Count NESSELRODE that their chiefs,
the Boyards and other authorities, are to be se-
verely punished (the more severely the better)
for manisfesting any disrelish for the Russian
interference, with a view to the establish-
ment and consolidation of the Czin's rifrht of
Protectorship over the Principalities. This is
literally the declaration now made in the face of
day by. the Councils of St. Petersburg. It is de-
clared in the name of his Imperial master, by
NESSELRODE, that, ever since the commencement
of his " glorious reign," the idea has filled his
heart and mind—not merely the idea, but the
profound and unalterable conviction, that he has
received a commission from GOD to bring under
his broad rule, wherever they might be situated,
all the members of the Greek Church, or, as the
CZAR and his Minister designate them haughtily,
all the orthodox believers in Christianity. With
this simple and deliberate assurance before us,
it becomes manifest that the present con-
flict is the most desperate, and implacable,
and sanguinary of all wars, a war in the
name of religion—a war, the evil genius of
which is the pitiless and remorseless spirit of
fanaticism. It is, of course, we all know that, a
, struggle between liberalism and autocracy, a fierce
and final contention between the arch representa-
tive of barbarism, and the principal and re-
cognised champions of civilisation. But beyond all
this, it is a religious struggle, a struggle between
s
rival creeds, or rather one between the most
statesman
enormous schism upon earth, and, together with
the soldiers of freedom, the armed defenders of
the true Christianity. Upon the Emperor
NICHOLAS personally must devolve the dread
responsibility of having lit the brand and
stoerurnibdleed
bfthe tocsin of this new and most
all ousprwovaroke fardes.to Hisrise insolent
against
defiance to the Allies
.proceedings, a defiance
I iswiliihnti 1n.:1.1t hathitl; expressed in
Europe criminal late
rhp name by NESSELRODE,
powerless nations of Ee a
kssscomufpultloy
falseof tbhee-
liefs, plainly declares to thee given
whole world that the
CZAR is too much inflatedmibicybpirnle, too much
juducriated by
tby in-
flamedcon-
by ambition, too
fana-
ticism,nt
too much distraught in
fidence in his own might, and a beliefm
bandede utter
helplessness of his antagonists', even whaenh
together against him—ever to listen again merely
to the bland proposals of diplomacy for
the FEoarrel
negotia-
tions leading ultimately to the chance of a
of Lansdowne,
A Cabinet Council was held on. Saturday afternoon at
Foreign-office Dnow_noing-
Jo, het. It was attended by
cation.
r Crheiyai Soifr
Fanaticism like this, ambition like this, pride the
, the
ood
irrgGeo' °Gun t Palarerst uu,
Aberdeen L d o,fin Russell, the Marquis
like this, can never be conquered otherwise thantheLordrjhancellor, the Duke of
by the hard blow dealt at once with the precision of
and
ShAvt YEI
al
ri-VGisra:v the Earl of Clarendon,
certain ty and the coolness of fate, and etaypparont_ Grahamr,gSei
vviNewcastleWilliam
moSi
,vJoarmt
he,s
were l
ly no less with all the fury of resist! e-is determination.
he Council sat one hour and a
Tle
he A UTOCR AT has s s:, , ,•tod, Chancellor
it were little short of madness to oppose him in any lelt town on Sa4,urci. ,e! ,14 u
Iforsley Place, near Guildford 071 isit to Mr. Currie, West
other way than with all the force at the disposal I
aturday
1 Devatches.
froila the G
of the allied Governments. England and France sreceived at the Colonial-office on
have it at this moment in their power so to act, lof Ceylon. Governor of Malta and the Governor

MONEY MARKET

AND

COMMERCIAL INTELLIGENCE.

CITY, TWO o'CLOCK,

The sales of cotton at Liverpool on Saturday
were estimated at 7,000 bales, including 1,500
American taken for export and on speculation.
The market continued tame but steady. The sales
comprised 6,250 American, 150 Egyptian, at 6d.
to %I, and 500 Surat, at 3d to 41d. per lb. Rail-
way Shares were dull.

39 to 41 ; Russian Five per Cents. 97 to 99 ;
ditto Four-and-a-Half per Cents. 82 to 84 ; Spanish
New Deferred, 18f to 181 ; ditto Three per Cents.
3M to 37 ditto Certificates, 3/- to 41; ditto Pas-
sive, 3 to 4f.
The Railway Share Market has been active,
and there are fuller prices obtained. The Man-
chester, Sheffield, and Lincolnshire, York and
North Midland, South-Eastern and North-Western
have been principally dealt in. Foreign Shares are
neglected.
The Joint-Stock Bank Shares have been well
supported. Australasia are up 1/. Electric
Telegraph Shares are a shade higher, and Crystal
Palace have reached par again.

At the public sales of 18,722 deer, 2,607 fawn,
and 16 elk skins, the demand has been very ani-
mated. Canada shaved went rather lower than
last March, but skins in the hair, both Canada and
western, particularly firsts and seconds, sold much
higher.
Freights to Australia are still dull, the last ad-
vices from the colony showing an excess of goods
yet on hand. The Weekly Shipping List quotes
the rates for Melbourne or Geelong—wharves, 855.;
ditto to the bay, 50s. to 555. ; and Sydney, 455. to
50s. per ton.

BRITISH FUNDS THIS DAY.-CLOSING PRICES.

(From the Oficial List.

. _
Business d me,
6 ink Stock
i per Cent. Reduced Annuities 924 g i
ner Cent Consols Annuities . 92i 4 $
31 per Cent. Annuities
New 2i per Cent. Annuities
iouth Sea Stock
Consols for Account 17th August NI fi 3 2g i
Exchequer Bills, 2d.
21000
2500 2 1 p
Small 3 1 p par 4 p
PRICE OF FOREIGN FUNDS THIS DAY.
NTexican 3 per Cent.
Aussian Bonds, 1822, 5 per Cent. £ St
Ditto 41 per Cent B2 x d
Spanish Bonds, 3 per Cent 361 x d
Spanish New Deferred, 3 per Cent. lB i x d
-

The Ninth Annual Report of the Australian
Mining Company has been issued in anticipation
of the meeting of shareholders on the 31st instant.
The most interesting points are contained in the
following extracts :
" It was not until the latter end of January last, that
Mr. Forster felt himself in a position to commence ope-
rations in earnest ; and he has since been actively en-
gaged in connecting Masterman's shaft with the engine
on the opposite side of Reedy Creek, for the purpose of
applying the necessary power to drain the water. This
will enable him to proceed with the sinking of Master-
man's shaft, an operation considered by Captain Hitchins
and Mr. Forster of paramount importance, and pro-
mising favourable results ; and in the desirability of
which your Directors most fully concur, as it will have
the positive effect of fully testing the mine.
"In addition to this, Mr. Forster is busily engaged
in the erection of a furnace near the mine, for the pur-
pose of smelting on the spot, all the halvans which will
not repay the present heavy charges for land carriage to
Adelaide, in addition to the freight home ; and when
this furnace is completed and in working trim. he will
be able to ship the produce of no less than five or six
hundred tons of ore, now lying at grass. An equal
quantity is considered to be scattered through the mine;
and a further quantity now in sight will be raised on
tribute ; so that for this ore, the Company will at least
have paid less than its marketable value.
"After August next the surface lands will be leased
out in blocks of from 3,000 to 4,000 acres each, suitable
for dairy farms ; and as your property there is better
watered than most of the surrounding districts and lies
within a short distance of the River Murray, then:: can
be little doubt of the valuation and rental of your pro-
perty becoming yearly improved."

The last 11. call produced 18,0421., and 956
shares have been forfeited. The total liabilities of
the company are 4,6021., and the assets valuing the
land, irrespective of the minerals, are 32,8861. A
Royal and a Colonial charter have been applied for.
The following testimony to the progress of South
Australia is important :
" Your directors have to congratulate you on the fur-
ther development of the navigation of the River Mur-
ray, by Captain Cadell, and to express to you their hope
that the only obstacle now in the way of a cheap and
expeditious carriage of the ore from Tungkillo to the
sea—viz., the absence of healthy competition among
vessels trading on that river—will be speedily removed.
" The high road from Adelaide to the nearest point
on the Murray must pass either through or in close
proximity to your property. This must bring about a
positive increase of no slight character in the territorial
value (I your 20 000 acres of land at Tungkillo.
"Your directors have great pleasure in reporting to
you the general and almost unparalleled prosperity of
the colony at large. The lately-arrived emigrant is fast
becomic,, the farmer and small landed proprietor : the
small landed proprietor of yesterday is the comparatively
wealthy man of to-day : the little huckster of yesterday
is now a shopkeeper ; the shopkeeper a merchant ; and
in this general prosperity of all claeses you must silently
participate. A territory such as yours, i❑ a fast-grow-
ing country, needs only time to become intrinsically
valuable as land : its value as a mineral property the
directors trust will be shown, now that labour is be-
coming favourable, and you are served by agents whose
assiduity and knowledge of their respective duties, as
well as their gentlemanly bearing, your directors have
again great pleasure in recording.
Great assistance to the company, ere the last call
was paid, is stated to have been rendered by its
bankers, Messrs. John Masterman and Co.

Divtden la on the above payable in London.-
Dutch Exchange, 2i per Cent. 12 Gull 591 x d
Ditto 4 per Cent. Certificates

THREE O'CLOCK.
Consols
Ditto August Account 92

The English and Australian Copper Company
have had their meeting this morning. The report
states that the great difficulty still is scarcity of
labour, but otherwise the prospects of the under-
taking appear to be encouraging. The following
are extracts :

TBE LATE TI4OIIIAS HOOD.

" Whereas the quantity of copper made in the year
ending March, 1852 was 1,823 tons, in the last year it
has been only 228 tons.
"The smelting works were at a stand between April,
Augus*, and again between August and February.
" The quantity of ore shipped to England since the
last report has been 4,084 tons.

"The position of the company in the colony is sound
and healthy.

"And this last remark leads us to the subject of
finance; and you will notice that on 31st of December,
1853,

-.C. s. d.

"Balance at South Australian Bank
to our credit was 3,744 14 8
"At Union Bank to our credit l,BlO 5 4
"That our liabilities on 31st December were simply,
copper due to the South Australian Mining Association,
124 tons, 5 cwt. 2 qrs. 16 lbs. ; money orders in circu-
lation, 4,5201. Bs. 7d. ; and that the debts due to the
company at that date are set forth in balance sheet, and
are all good.
"The perusal of these advices will show the difficul-
ties which the Managers have had to contend with, from
the cause already prominently referred to. It is one
over which the Directors can exercise no control. Emi-
gration is still going on from this country ; not a month
passes without ships being despatched with emigrants
for all the sections of Australia ; and it is not unreason-
able to indulge the hope, that the supply of labour may
at length become equal to the demand for it.
"It will be seen that a part of the furnaces we
work again in February and March, and that they were
making about 30 tons of copper per week. It is ear-
nestly to be hoped that they may continue so.
"The stock of ore which remained on hand in Aus-
tralia, on the 4th of March last, Was 4,679 tons, and of
coal, 3,508 tons.
" The company's works at Spitty have been in satis-
factory operation during the year. The nett profit
realised has been 11,1791. 14s. 4d.
" The Directors, finding that a considerable economy
would be effected in the cost of coal for the works at
Spitty, have secured the lease of a coal-field in the im-
mediate neighbourhood of the works, from which the
works are now being supplied. The outlay on this pro-
perty has been 2,0141. 4s. 2d.
The railway meetings announced are the fol-
lowing :

(From the Times.)

Company. Date. Place.
Aug. 1, Lisbon.
Aug. 8, London Tavern.
Ceeansttr Kent
en Peninsulat. . of ..
..
Great Southern and Western
(Ireland) Aug. 26, Dublin.
Llanelly July 31, London Tavern.
London and South-Western 0, 34, York-road.
London, Brighton, and South Aug.*
Coast July 27, Bridge house hotel.
Manchester, Sheffield, and
Lincolnshire Aug. 2, Manchester.
Newport, Abergavenny, and
' Hereford Aug. 10, London Tavern.
North London Ang. 4, Easton-square.
North Staffordshire ....... July 27, Euston-square.
Paris and Rouen July 31, Paris.
Royston and Hitchin Aug. 10, 15i, St. Helen's-pL
Tambre and Meuse Aug. 10, 61, Moorgate-st.
Ditto, ditto Aug. 24, Jardinot.
Stamfordf and Essendine
The railway " calls" for August are small, being
386,0001., of which 100,000/. is for foreign com-
panies.
The ship Bermondsey, arrived from Geelong,
brings 17,324 ounces of gold. The Poiotiers is iu
from the same Place, but the amount on board is
The steamer Europa, from New York, brings
not known.
353,670 dollars. Several additional failures had
occurred,
owing to the suspension of Messrs.
Schuyler, who,
it. appears owe the Illinois Central
, Railroad Company a million of dollars, but for
which they are partly covered by securities. Flour
was down half a dollar per barrel. There had been
new " diggins "
discovered in California.
The Continental advices inform us that Prussia
was more active in placing her military forces upon
a war footing, and that this was done at the instance
of Austria, to carry out the arrangement between
them upon the Eastern question. From the Baltic
parties writing in the interest of Russia affirm that
Sweden steadily holds • aloof from the Western
Powers. The Commercial Council of Vienna have
subscribed for three millions of the new loan, the
Province of Styria for one million, the Imperial fa-
mily for 20 millions, andthe Hungarian bishops and
the families of Lichtenstein, Dietriohatein, .Ester-
hazy, &c., for one million.
We regret to hear that there are two small
failures this morning in Mincing-lane, occasioned,
as is stated, by speculation in saltpetre.
The stock market has opened with a buoyant
appearance, and there have been some good pur-
chases made, the extreme fineness of the weather
having a favourable effect. The political news is
of a mixed character. Consols have been 94 and
since 92g The account prices have been 82 to
93. The 'New 31 per Cents. have been at 934 to,
and the 3 per Cents. at 92i to g. Bank Stock is
firm at 210 to 211, and South Sea Stock at 1124.
Exchequer Bills are par to 2s. premium.
In Foreign Stocks there is scarcely any business,
and prices mostly nominal. 3 por Clouts.
The following
Mexi-
can, 24i to 24i ; areP e rtuhvei an:l,
have keen /lone „t 3(13 ~f •,„
20. These have been the only bargaina.
pe; Cents, 50 to 62 ; Port
Stocks :—Grenada Deferred Bonds, 6 to 6& ; Mexi-
uon6eantleo
soi
diur tto
vThree Foreign
(-ents

The Turk cannot live without a story-teller, nor
the civilised European without a book. In a coun-
try like this, where much labour calls for some
solace, and much idleness for some resource, the
writings which circulate most are of the kind termed
" light literature." Of this light literature the
best and raciest portion is that which we derive
from our huinourists. It is the portion which con-
veys the most pleasure, and along with the pleasure
infuses much philosophy and much wisdom. There
are good reasons why here in England we should
set store by this class of writers. They are bone
of our hone and flesh of our flesh. Humour, as
opposed to wit, may almost be called a physical
peculiarity ; it results from something kindly and
homespun in the nature rather than from anything
induced by education, and is consequently to be
found in the rudest as well as in the most refined
of men. It is a property by which the English
people are distinguished from their neighbours of
the continent. It is essentially different from the
liveliness of the French or the sentiment of the
German writer ; it belongs to a healthy and vigor-
ous temperament, to a land of beef and barley,
of sport and slang, where the honest emotions are
not destroyed by overuse, but live and are strong.
It speaks a language understood by the people.
It links together the rich and the poor, the learned
and the unlearned, by its naturalness and univers-
ality. Pathos and humour are, as it were,
grief and laughter done into speech, and, as
laughter is good for the digestive organs, so is
humour good for the spirit of a man. It is not
long since Mr. Thackeray undertook to illus-
trate the marked and peculiar character, the
strong outlines and skilful touches, of the
old English humourists. Those who want a
more modern exposition of the thing may find it in
the Pickwick Papers and in the poems of Thomas
Hood.

There are, we suppose, two reasons why a public
monument to Thomas Hood was deferred until
July, 1854—the one, that our humourists, much
as they are studied and loved, are not themselves
understood so well as their works. Is this an irre-
mediable stupidity ? The second, that the works
of Thomas Hood being distributed in reviews and
periodicals, did not speak with sufficient clearness
and unity during his life. But why were they so
distributed ? Because they were thus easiest con-
vertible into bread ; yet they had been still better
than they are but for his necessity of writing in
periodicals, and have doubtless done more good in
their permanent than in their casual form.

In lie address which Mr. Monckton Manes de-
livered the other day on the inauguration of Hood's
monument he touched slightly on this very prac-
tical point of common ingratitude—an ingratitude
-which is one half intellectual, and the other half
moral. The life of Hood was no easy one. Some
of his most popular and most genial compositions
were written during times of privation and suffer-
ing. Mirth, as one of his admirers has said, gave
him to be reared by Sorrow. His latest eulogist
went in person to the late Sir Robert Peel to ask
an aid, which was never, in such cases, refused.
In his address he was good enough to propose that
the posthumous tribute to Hood's genius should
be considered as the memorial of national inte-
rest for national fame. Now, it strikes us that
there must be a good many people who have had
interest in Hood, alive or dead, who ought to feel
not a little obliged by this proposition, coming
from a person who took upon him all their respon-
sibilities in the matter, and we take the liberty to
enforce a lesson which Mr. Milnes hesitated to
enunciate, lest he should exalt himself by contrast.
There is a real ingratitude involved in losing sight
of an author in the perusal of his works, and some
loss of advantage in separating the product of a
man's intellect and character from his flesh and
blood. Between booksellers and readers there is
a cash transaction, sound and intelligible ; between
the writer and the reader there exist other obliga-
tions—there is an outstanding balance on the
author's side, with an unlimited term for payment.
The " Song of the Shirt" is national, and may per-
haps be as historical, as " Chevy Chase." Mr.
Milnes quoted other compositions not less, but
rather more, sure of enduring memory. Perhaps
in denouncing a common fault we may fail of pro-
ducing deep conviction ; it is difficult, too, for the
public to exercise a discriminating and wise grati-
tude towards its instructors, however the ground
can be retrenched so that the admonition may be
applied by the individual conscience. Suppose that
there are friends of Thomas Hood—whetherac-
cluaintances in the flesh or admirers in the spirit—
but who yet conveyed no aid to his want, or no
assistance to his monument ; suppose that there
are others now for the first time reminded by Mr.
Milnes' address of Hood's value as a writer—of
Hood's struggles as a man ;—lot these accept their
remaining opportunities. Recurrence is a very
ha' an law. Virgil says, in his eclogue, "there
will be some day another Priam and another
Achilles." Beyond all doubt there will be other
Hoods ; and, if a man is too late to erect a sepul-
chre for a prophet deceased, perchance he may look
him out some prophet, present and living, to
cherish.

S&VERE CONTEST FOR A UEURCH RATE

AT GREAT MARLOW.

On Friday, the 21st inst., the ratepayers were called
together for the purpose of passing the churchwardens
accounts, and levying a rate for the ensuing year. The
Rev. F. Bussell took the chair as the clock struck
twelve, and proceeded with the accounts, in which many
illegal charges were locluded, such as for bell ringing,
bellows blowing, organist, choir, holly and ivy to deco-
rate church, &c. &c., to tikese items no objection was
insisted on, as the churchwardens had paid them, and
would be out of pocket if.struck out of the accounts.
The friends of civil and religious liberty, consisting of
liberal Churchmen, Dissenters, and Catholics, only
wishing to give support to Sir W. Clay's motion, forthe
total abolition of church-rates, by moving an amendment
in vestry, and trying the question in a peaceable and
good spirit, consequently on the churchwardens asking
for a rate of threepence in the pound, without producing
an estimate of expenses. Joseph Wright, Esq., moved,
as an amendment, "That the consideration of the rate
be adjourned to this day twelvemonth," whic.h was
seconded by Mr. Wane, and carried by a large majority,
on which a poll was demanded, and fixed by the cht,ir-
man to commence at four o'clock and close at eight that
evening, and to re-open at ten the next morning, and
finally close at four o'clock. The result of the first day's
poll gave a majority of 33 in favour of the amendment.
This drove the church party frantic, and they immedi-
ately resorted to all the old and vile practices of
electioneering, such as intimidation, eoercion, &c.;
early in the morning landlords were hunting their
tenants, employers driving their workmen, brewers
clerks scouring out dependents ; to the poll they must
come, like sheep to the slaughter. Mother Church
could not even spare the sick ! from their beds they must
come, to assist in taking the poor man's pittance for
the support of the rich man's church. By such
means a majority of 19 was secured, after one of the
fiercest contests in the annals of parish vestries. The op-
ponents of church-rates resolved not to sully their
cause by the use of foul weapons, and proudly boast
that only one shilling was spent by them in the. contest,
and that to pay the town crier, to give public notice of
the poll being opened. Arndt. Agst.
Close of the poll 143
Final close

- -
GRAND FETE AT THE FLORA GARDENS, CAMBER-
WELL.—A fete of a novel character, and on an extensive
scale, is to be given at these gardens to-day, to-morrow,
and Wednesday, by Chief Baron Nicholson, of the Coal
Hole Tavern, Strand. The principal entertainments
to con9i,t of htudle and other races, with lady
jug ) 1,1%.4:•.; -I;co%een the
heats of each race there will be music, rustic sports, &c.
In the evening there is to be a magnificent equestrian
cavalcade, by torchlight, of Lady Godiva's ride through
Coventry. The fine weather will no doubt attract a
large assemblage.

SPORTING NOTES.

GUESSES FOIL GOODWOOD.

LATEST FOREIGN NEWS

THE WAR.

This year at least no diminution is likely to be dis-
played in the varied " glories" of Goodwood. The
meeting about to be celebrated will doubtless be marked
by incidents as interesting and important as any that
characterised its predecessors. Although the list of at-
tractions is not so numerically strong as that of some
preceding anniversaries, yet it promises a supply of
sport sufficiently ample to satisfy the most ardent turfite.
Thirty-seven items are distributed over the programme,
nine being appointed for Tuesday, nine for Wednesday,
eleven for Thursday, and eight for Friday. Relative to
the number of events to be decided no shortcomings
will be perceptible ; in certain instances, however, the
fields will perhaps be small and insignificant. Still,
among the competitors for the principal stakes will be
found the " flower" of our turf celebrities.
Speculation on the Goodwood Stakes has recently
undergone several perplexing changes. Relative to the
leading favourites in particular its fluctuations have
been frequent and extraordinary. Tros is perhaps the
only animal whose upward tendency in the betting has
been steadily sustained. Diana and Heapy rise and
fall in the Turf Market in a manner little calculated to
engender strong confidence in their respective backers.
Neither of them, in fact, possesses sound pretensions to
a very prominent position in the list of quotations.
Diana's running has been of the veriest leather-flapping
mediocrity. She ran somewhat forward for the Oaks,
it is true, but her supporters are likely to derive little
encouragement from an impartial consideration of that
performance. Bribery finished in advance of her for that
event, and although she is handicapped to give Diana
Glbs., yet, if a starter, she will indubitably " make her
safe." Diana's most noteworthy achievement was per-
haps at Ascot, where she ran a dead heat with Kenny-
side Hero for the Great Western Stakes. Is this
performance sufficiently important to warrant a
belief in her boasted pretensions for the Good-
wood Stakes ? Report, however, assisns other
reasons for deeming her chance formidable. It
states that she was tried with Little Harry and " did all
' that her party required of her." Whether this rumour
be true yet remains to be seen ; at present I am not in-
clined to place faith in it. Although a demonstration
was again made in favour of Diana at " the corner"
on Saturday, yet it was not sustained with much spirit.
Indeed so scantily was the room attended that the
seeming effect which it produced on the state of the odds
was perhaps, after all, merely temporary and negative.
To explain satisfactorily the sudden retrogression of
Heapy is somewhat difficult. Does his owner premedi-
tate another Liverpool coup? People connected with
the turf are daring enough to follow up any bold and
successful stroke of policy. Still lam not prepared to
say that such are the "intentions" relative to Heapy,
and even my suspicions may in this instance be unjust.
Heapy's claims to support are seemingly somewhat
negative. They do not rest entirely upon the respecta-
biiity of his public performance, but they are apparently
put forward because he has not run well when he evi-
dently had a chance of distinguishing himself. The
opportunity which will be afforded him on Wednesday,
for a creditable display of what racing ability he may
possess, is unquestionably favourable; his lenient im-
post ought certainly to enable him to figure promi-
nently in the encounter. All sorts of rumours are cir-
culated to account for his downward tendency in the
betting ; some state that he pulled up lame after
,gailopieg ; others have a touch of sarcasm and badinage
in them, and are to the effect that the Duke of Rich-
mond may deem him not qualified to run, according to
the strict spirit of the Goodwood conditions, because he
has not yet won a race !
Tros is an animal seemingly much improved on his
two-year old form. They who have had frequent oppor-
tunities of seeing him at exercise are loud in their
praises of his style of going and general appearance, and
indeed declare the race "all over but shouting." Tros has
a steady weight upon him that will enable a lad and
not a mere child to ride him, a great advantage over so
severe a course as that at Goodwood. By the way, it
is probable that Carroll will have the mount. I an, in-
clined to place some confidence in the formidableness of
Tros's chance, not only because he has maintainel his
position in the betting with firmness, but because not a
doubt exists as to his "going for the money." The
white and red spots of Lord Zetland, then, I shall ex-
pect to see borne prominently in the van.
Much uncertainty exists as to the intended animal
of Messrs. Payne and Greville's lot. No determined
demonstration has yet been made in favour of one of
the animals which comprise it. A few investments
have at various times been made on Muscovite, Adine,
and Cock Pheasant ; but no disposition has been evinced
to keep them in the market. To use a slang phrase in
common use on the Turf, an opinion prevails—an opinion,
too, which I am inclined to entertain—that the intended
animal will be a " hot 'un." The betting at present,
however, gives no indication as to which animal will be
selected to do battle for the party. A vague rumour is
afloat, to the effect that the "lot" was tried with Bri-
bery, who proved the best of the bunch. Be this as it
may, I shall deem the trusted representative of Messrs.
Payne and Greville's interest a most dangerous antago-
nist. Were Adine or even Cock Pheasant to be the in-
tended animal, I shall not be surprised. Muscovite I
cannot stand. He has too, it is said, been recently in
physic.
The Duchess of Lorraine colt has been much talked
about, and he has been more than once expected to
achieve some important victory, Whether his good
time is now come is in my opinion somewhat doubtful.
I must confess that for me his stable companion Jacque-
line has greater attractions. This mare is weighted at
lib. less than when she won the Northumberland Stakes,
and with little Ashmall's assistance her success is not a
matter of remote probability.
Notwithstanding his crushing impost, Rataplan has
many supporters who deem his chance by no means
" out." I, however, am compelled to doubt his ability
to pull through. He will, nevertheless, run well and
gamely. It is said that his owner, Mr. Tom Parr, will
be " up."
The confidence which certain parties again place in
Nancy is really extraordinary. lam compelled to ac-
knowledge that it sorely puzzles me, for they have now
no apparent purpose to answer in supporting her in the
market. That they do support her, is undeniable. The
" Man in the Street" too unhesitatingly expresses his
belief that Nancy is again in her old form. I must,
however, regard her with doubt and suspicion, and can-
not allow her to influence the conclunion at which I may
arrive as to the result of the race. I shall not extend my
observations to the other animals comprising the "out-
side division," but shall merely indicate the following to
be the most note-worthy names among them :—Cobnut,
Jouvence, Exeter, and Miss Tennyson.
Having " summed up" as briefly sas the subject would
admit the pretensions of the principal horses handi-
capped, I will without further prseamble express my
deliberate opinion that Taos, the BEST OF MESSRS.
GREVILLE AND PAYNE'S (PERHAPS ADINE), AND HEAPY
will be the foremost competitors in the race. Should
these hopes be wrecked, Jacqueline and Jouvence shall
form a " cockboa.t " which may ca rry me successfully
over the sea of speculation.
In the absence of Stockwell, I shall be inclined to fol-
low the betting, and " stand " on Virago alone for the
Goodwood Cup. Stockwell is, however, again reported
all right, and should he enter the lists in form, I shall
deem Virago's success no " certainty." Perhaps too,
before implicit confidence is placed in Virago, all doubts
as to the starting of Hermit should be removed. Some
people say that he, after all, will be the card to win
with. The owner of Virago has, too, it is said, an
interest in Rataplan. Should the favourite not be quite
so good as when she won the 'Metropolitan, Muscovite
may have a chance. These renaarks are written on the
presumption that Stockwell will be an absentee.
The great length to which my observations on the
Stakes and Cup have extende d compels me to dismiss
the minor items of the programme in a few words .
West Australian will, of course, win the 300 sovs Sweep-
stakes ; the Gratwicke Stakes. will I expect be won by
the best of John Scott's, or Boer ; the Ham Stakes I
assign to Dirk Hatteraick, aiad the Levant to either
Kingstown or Lord of the Isles. Of the seventy-five
handicapped for the Stewards' Cup, I shall " stand on "
the following—Ephesus, Brocltet, Vaultress, Narcissus,
Nelly Hill, Glenstrae, Anteverta, and El Dorado. For
the Matches, Diomedia and William Rufus are my
" fancies." Acrobat may go through his "Drawing
Room " performance successfully. Marsyas will, per-
haps, win the 300 Sovs Sweepstakes, Craven Course.
Dirk Hatteraick. Paletot, and Joshua, are my selec-
tions for the Great North and South of England
Biennial Stakes. Andover will doubtless win the 50
Sovs. Sweepstakes on Thursday, Lord of the Isles the
Molecombe Stakes, Scythian .or Acrobat the Racing
Stakes, and Dirk Hatteraick the 200 Sovs. Sweepstakes.
The three Bentinck Memorial Stakes will, I anticipate,
be carried off respectively by West Australian, Mar-
syas, and Paletot.
July 24. A FRESH N.

DETERMINATION OF RUSSIA TO HOLD

ARRIVALS AT GOODIGHTwOOD UP TO SUNDAY
N.

STEWARDS' CDP.—Brocket, Pharold, Ephesus, Dio-
media, Epaminondas, Humboldt, Spinaway, Determi-
nation, Protest, Queen Mab filly, Nicotine, Young Nor-
val, Bribery, Assault gelding, Lord Albemarle, Bianca,
3•lichaelmas Maid, Duchess of Lorraine colt, Kiteflyer,
Caiot, Kennyside Hero, Brother to Grey Tommy, Em-
pire, bind Box.
GoovwooD STAKES.—Rataplan, Muscovite, Adine,
Nancy, Ethelwolf, Jouvence, Heapy, Bribery, Cock
Pheasant, Cobnut, Exact, Jacqueline, Newbold, Tros,
Duchess of Lorraine colt, and Brother to Grey Tommy.
300 SOVS. SWEEPSTAKES.—West Australian, Cobnnt,
and Ilazlenut.
GOODWOOD CUP.—West Australian, Valeria, Rata-
plan, Muscovite, Jouvence, Defiance, Exact, and
Cobnut.

THE PRINCIPALITIES.

The following has been received from Herman-
stadt, dated the 22d inst. :
Prince Gortschakoff has announced his intention
of defending Moldavia and Wallachia with 200,000
men. His head-quarters are at Slobodzie.
To all official documents published in the Prin-
cipalities, in which the name of the Emperor Nicho-
las occurs, the words " Protector of the Danubian
Principalities" must be added.
Russian reinforcements are moving from Mol-
davia and the Jalomnitza.
The right wing of the Russians has advanced to
Slobodzie.
General Luders has concentrated his forces at
Kalarasch.

Prince Gortschakoff opposes already 110,000 men
and 20 batteries to the Ottomans.

The Turks continue to cross the Danube at Giur-
gevo.
Reconnoitring skirmishes have taken place.
On the 16th, Generals Katennin and Orloff were
wounded.

HAM STAKES.—Habena, Dirk Hatteraick, Crown
Pigeon, Miss Whip filly, Refraction colt, and Rambling
Katie.

FOR OTHER RACES.—Prince Arthur, Boiardo, Phy-
salis filly, Boer, Mandricardo, Claret, Paradigin, Mar-
Icy Hill, Acrobat, Baalbec, Marysas, Homily, Neopto-
lemus, Corcebus, Joshua, Antoinette, Border Chief,
Rifleman, Lord Alfred, Jack Sheppard, Chelmerton,
Kaffir, Quince, Champagne, Whistle, Dervish, Moon-
beam colt, Hazel, Delia, Catherine Hayes, Speed the
Plough, Invasion, Miss Sarah, Enchantress colt, and
Miama colt.
Katie, two-yr-old, is destroyed.

SOUTR-WESTERN 'RAILWAY.—Mr. Philip Snell, who
!;:ts tc,l ttiu succe,,,int or,wiition to " on this
line, is a candidate for the vacant seat in the direction
of the company.
CRYSTAL PALACE, JULY 22.—FIVE-SHILLING DAY.—
Admission at the doors, 1,106 ; admission by season
tickets, 2,80 ; total, 0,071.