The Sun.
London, England, 1854-08-17 00:00:00

TO THE EDITOR OF THE SUN.

more than our
passed, can be over-stretched
Sat,—No laws that were ever passed, or everEwniglllisbhe
game ones. All penal enactments are intended to be
construed liberally, but county magistrates (generally
w
have
speaking) are either ignorant of that intent, or
1.1
fully set it at naught. Convictions innumerable might
be,m set aside had the parties convicted means
of appealing to the Queen's Bench.
Gamekeepers and rural policemen make no hesitation
in illegally stoping a poacher, searching him, and often-
times taking him into custody, when the "uncertificater
is on the common highway. Suppose a poacher, for
this busy and illegal interference, was to crack the
keeper or policeman's head, where would be his remedy?
1 He would have consolation in finding be had broken
the law, and for his pains had got a broken cranium,
without having redress. A few such striking instances
might cause officious keepers and policemen to act
Inure cautiously and discreetly.
Aug. 16.
A LAWYER.
l.•MhllnII......•••••••••...---

The Prince and Princess de Joinviue, with the Duke
and Duchess d'Aumale, are staying at the Viet ria
Hotel, St. Leonard's, for about a month or six week;
The Countess of Westmoreland has left London .en
route to join the noble earl at the embassy at Vienna,
Her ladyship crossed from Dover to Calais yesterday
with Captain Smithett, in one of the Dover, Calais, and
Ostend Royal Mail steam-packets.
DRURY-LANE THEATRE.—Rossini's Semiramide was
announced last night, but in consequence of the indis-
position of a principal performer the Lucrezia Borgia
of Donizetti was played instead.

THE TURKISH LOAN.

The following notification regarding the proposed
Turkish loan was issued yesterday by the agents, Sir I. L.
Goldsmid and Mr. Horsley Palmer, and is in precise
conformity with the particulars already published. An
accompanying memorandum states the views with which
it is regarded by the Governments of France and Eng-
land. The total amount is to be 5,000,0001., and the
first issue will represent 2,000,0001. of 6 per cent. stock
at 80 (or a cash paymant of 1,600,0001.), with a privi-
lege to the subscribers of taking a further sum of
1,000,0001. on the same terms within a month. The
remaining 2,000,0001. of stock is not to be issued for
five months below 85. Subscriptions are to be received
both in London and Paris, and, as the total cash pay-
ment involved, even supposing the entire amount of the
loan to be eventually subscribed, will not much exceed
4,000,0001., there is no reason to apprehend that the
instalments spread over many months, and, divided be-
tween the two countries, will produce any very objec-
tionable effect on the money-market. The time allowed
for the sending in of subscriptions is limited to
this day, and the applications already far exceed the
sum required :
" TURKISH 6 PER CENT. LOAN FOR 25,000,000 IN BONDS,
WITH COUPONS PAYABLE HALF-YEARLY, 10TH OF
APRIL AND LOTH OF OCTOBER, 1851.
"Subscriptions to be received in London and Paris, to
be redeemed at par by equal annual instalments of 1 per
cent, per annum ; the first drawing to be made on the Ist
of March, 1856.
" This loan is not only charged on the general revenue
of Turkey, but is specially secured, principal and interest,
by the assignment of 30,000,000 piastres (282,0001. ster-
ling), tribute payable by the Pasha of Egypt to his Majesty
the Sultan, by virtue of the treaty of 1811, contracted
under the sanction of the Great Powers of Europe.
" This tribute is to be remitted half-yearly, direct from
the Pasha of Egypt to the agents in London.
"The contract, executed in duplicate, will be deposited,
as well as the firmans, now in the hands of the represen-
tatives of Turkey—one copy in the Bank of England, and
the other in the Bank of France, in the names of the re-
presentatives of the Sublime Porte at London and Paris
respectively, and the undersigned. The undersigned are
prepared to receive applications to the extent of 2,000,0001.
sterling of this loan, at the price of 80 per cent., on the
following conditions.
" The payments for the loan to be made as follows :
" 15 per cent, on the 22d inst.
" 15 per cent. on the 22d of September.
"20 per cent. on the 20th of October.
"15 per cent. on the 21st of November.
"15 per cent. on the 19th of December.
"On default of payment of any instalment on the day
fixed the previous payments to be forfeited.
"Discount at the rate of 51. per cent. per annum on the
instalments will be allowed for prompt payment, and the
holders of the scrip will have the option of taking at the
same price and on the terms of the present issue a further
amount equal to half their present subscriptions within ose
month from the 17th inst., upon notice hereafter to be
given by the undersigned. The remainder of the loan is
not to be issued at an earlier period than five months from
the 7th inst. below 85 per cent. Tile loan is to be redeemed
by equal annual instalments of 1 per cent. per annum, to
be applied by paying off at par. Bonds to be drawn by
lot in the usual manner. Due notice to be given of the
bonds drawn for payment.
"The Turkish Government reserves to itself the right of
paying off the whole or any part of this loan at par at the
expiration of 15 years from the Ist of January next, upon
giving six months' notice of their intention to do so.
"Letters of application to be addressed to the agents
under cover to Messrs. Mullens, Marshall, and Daniell,
Lombard-street, on or before the 17th inst.

"ISAAC L. GOLDS3IID,
"J. HORSLEY PALMER.

"The undersigned have the satisfaction to acquaint the
public that they are authorised by the Earl of Clarendon,
her Majesty's Principal Secretary of State for Foreign Af-
fairs, to state that this loan is negotiated with the know-
ledge of the English Government; that her Majesty's Go-
vernment is satisfied that the loan and the approbation of the
above-mentioned 30,000,000 piastres (232,00014 per annum
of the Egyptian tribute are duly authorised by his Majesty
the Sultan; and, further, that the representatives of the
Sublime Porte at Paris and London are empowered in vir-
tue of Imperial firmans to ratify the contract for the loan
in the name of his Majesty the Sultan, and Lord Cla.-en-
don relies with confidence upon the Turkish Government
fulfilling with good faith the engagements they have entered
into.

" The undersigned are assured that a similar declaration
will be made by M. Drouyn de L'Huys, the French Secre-
tary of State for Foreign Affairs. _ _

"ISAAC L. GOLDSMID.
"J. HORSLEY PALMER.

"London, Aug. 16."
Upon this notice making its appearance the quotation
for the scrip was 2 premium, and several transactions
which were entered into caused-a rapid rise, until, at the
close of the day, it had reached 41 to 5. The option to
purchasers of subscribing a further sum within a month
equal to half the amount taken now, formed, of course,
an element in the estimates of its value, the nominal
quotation of 41 premium on 1001. being just equal to 3
per cent. premium on the 1001. and the additional 501.
to which the holder will be entitled. The highest pre-
miums reached on the loans formerly put forth
were 111 per cent. on that of 2,000,0001. proposed for
at the price of 100 in 1851, when Consols were at par,
and 3 per cent. for, that of 2,200,0001. advertised at 85
in March last, when Consols were at 895, and which
was almost immediately stopped'by a panic in the t ng.;
lish market. In neither of these cases was there any,
spebial hypothecation of the Egyptian tribute. After
1851 that tribute was taken by the Peninsular and
Oriental Company as security for a considerable loan,
which has been duly discharged.

THE _RUSSIAN JOURNAL AND LORD ABER-
DEEN'S ADMINISTRATION.

A correspondent on the Danube says :—" Since
my arrival at Giurgevo I find that tremendous
dissensions have taken place at head-quarters re-
garding the correspondents ; that Colonel Dien,
the French, and Captain Summons, the English,
diplomatic agents, have strained every nerve to
induce Omer Pacha to expel everybody connected
with the press. They were actively seconded by
Lord De Ros, the British Quartermaster General,
a silly, childish man. Omer Pacha has, however,
steadily resisted all these attempts. It would have
been outrageous for the Turks to have driven us
away when the correspondent of the Times actually
receives, in the light division, rations for himself
and three horses from the commissariat (it is said)
by order of the government at home."

Another correspondent, writing from the camp;
near Varna, on the 30th July, thus refers to the
Correspondent of the Russian Journal, for whom
the Aberdeen Government have made such special
provision with the Light Division :—" I under-
stand that Mr. —, the Times correspondent,
terrified by the cholera, has bolted.' I know
he is now at Constantinople, and from his last
letters to the Rifles it appears. he is likely to
remain there some time." The special provision
made for the exclusive benefit of the Russian
Journal in the English camp is thus thrown away.
Perhaps the Minister at War or the Secretary at
War, may hereafter be inclined to admit the
propriety of allowing the enterprising represen-
tatives of all the English newspapers to have equal
facilities for informing the English public of the
progress of our armies in Turkey. To help the
Times whilst they seek to impede the other papers
is practical treason against the Freedom of the
Press in this country.—Daily News.

COWES, ISLE OP WIGHT,--Aug, 15.

(FROM OUR OWN CORRESPONDENT.)
ROYAL YACHT SQUADRON REGATTA.

MATCH FOR PRINCE ALBERT'S CUP.
At 10 o'clock the following cutter yachts started from
Cowes Roads for the Nab, with a spanking breeze from
the south-west :
Arrow 102 tons... Thomas Chamberlain, Esq,
Julia lll „ 'William Peareth, Esq.
Aurora
Osprey 59 „ Lieut.-Colonel R. W. Huey.
The former took the lead, closely followed by ihe
Julia, between which the contest seemed to rest, each
being considered by their respective admirers certain' to
prove the victor. Until after rounding the Nab there
was no decided difference in their positions ; but in beat-
ing down by Cowes to Yarmouth the Arrow had it 'all
her own way. She sat as upright as a duck ; while the
Julia went on her broadside when she was intended to
sail on her keel. The Arrow won the match by 14
minutes. The backers of the Julia say the reason the
Arrow gained was that her men, having all an interest
in the match (Mr. Chamberlain giving each a sovereign
for every cup they win), trimmed ballast to windward
and kept her on an even keel ; but the losers must
assign some reason for not winning.
An unfortunate accident happened on board the Os-
prey. In rounding the station vessel off Yarmouth one
of the men, while clearing the gaff topsail, lost his hold
and fell from the masthead overboard. The yacht was
hove-to immediately and a boat hoisted ont, but the poor
fellow had sunk to rise no more.