The Sun.
London, England, 1854-09-22 00:00:00

THE CAMP AT BOULOGNE.

Bonwarm, SEPT. 21.—The Emperor is expected back
to-day, but his movements depend so entirely 71ipell
himself, that there is no absolute certainty of his return:
In the same way, the postponed manoeuvres
Escceuilles, it is now confidently stated, will take pier"
on the 25th, but whether they do or not has, probe/AY'
not yet been finally determined. It excites some ellr
prise in the army that, being under the personal car
mand of the Emperor, who has come to Boulogne for his°
purpose, nearly a month should have passed awl
without more than one grand fieldday having occurren•
Even then only a portion of the troops were out, and the
inspections and parade views which have taken place ar
not of a character to count for much with so large ad'
body of men regularly encamped for training an
exercise. At Chobham our troops were much more:
knocked about, and, though to set the French army
the North in motion is a very different thing from turn'
ing out upon an English common some 8,000 or 9,000,
soldiers, still it may fairly seem strange that more had
not been done. But perhaps the Emperor is intent upon
other objects with this magnificent army. If, as is gr
nerally believed, he is forming it thus early to be in
readiness for what the exL:encies of the war may reqnirs.
of him next spring, it may be readily imagined that revieri:
and sham fights are more held to pass the time and 14
occupy the attention of the men than for any other Pnr.
pose. It, is this conviction, at least, which prevails .
the army, and so strongly, that one cannot go into a
large café militaire without hearing the words Cronstad
Sebastopol, or Bomarsund constantly repeated. Indeed,
when the Prince was over here, these words were the
only commin vocabulary between the Life Guardsmen
he brought with him and the French soldiers who hot:
ened to show them hospitality. In every other respi
they were completely unintelligible to each other, lie
when they quaffed bumpers of punch to the name of one
of the Russian fortresses there was no misunderstanding
as to what was meant. Some, indeed, confidently believe
that this army of the North is in reality destined for a.°
Rhine. It is not surprising that the policy of Prussia ,
should suggest such views, but time alone can develop°
with certainty the true character of the work which the
Emperor has manifestly cut out for his troops. it lg
not for the pageantry of grand fielddays, nor to blase
away a certain amount of blank cartridge, that he has
encamped so many thousands round Boulogne,
and the
must take a narrow view of the spectacle which the
cliffs in this neighbourhood for several leagues presentf
who fancy that it has all been got up for the purposes
autumnal recreation. Whatever may be in contemPl!.
tion for it, the French army of the North is in wallop!
campaigning trim, and will, when tried, give abundant.
proofs of its efficiency. In some important respects it
scarcely attains to our standard of what is requisite for,
the training and equipment of soldiers ; in others we are
certainly surpassed by it ; but, those sources of comPa-
rison apart, it is a splendid force, capable of doing all'
thing and going anywhere—except, of course, to invade
England.
Yesterday General Morin inspected four batteries of
field artillery about three miles from Boulogne on the
Paris road. They defiled past him at the close of the
inspection with admirable precision, and appeared to be
n excellent working order. It would appear that the
Emperor's 12-pounders now used are simply the old
8-pounders bored out to that size, and we are told that
they make very good practice at from 1,200 to 1,501
yards. The French artillery polish their guns, while
with us it is considered more ornamental to let the
bronze take its own natural hue under the influence of
oxidation. Another point of difference is that their gnu
carriages have no shafts to them, the horses probably not
being strong en ough. Officers assert that the use of shafts
is a considerable advantage in pulling up quickly. Theyalso
believe in the superiority of the English plan of having
the wheel tire in pieces, which, if shot away,
may be re.
placed. In the French service it is continuous, like that
in ordinary use, except that it is securely rivetted to the
felloes by iron bolts. There seems to be only one am''
munition waggon attached to each gun, whereas '•
have, besides that, two extra to each battery, and
t
well understood as an important point in practice, tha
our artillery carries a considerably larger supply of Ana-
inanition than any other into the field. As to horses'
,
ours have a great advantage in size and strength, "n
are probably not so hardy or steady in service. In cam;
paigning the forage of horses is frequently attendee.
ij
with immense difficulties, and it is then that the powered
of endurance which those of the French cavalry an
artillery appear to possess would be most advantageousf_
brought out. Some of them are too old and ought to Du.
got rid of. Among minor points noticed at the
tion may be mentioned the strength of the dragchain
tached to the gun carriage, as from the weight, the dlre
cult ground which has frequently to be crossed, an >M
s
tremendous jilting from the want of springs, this is
part which is very apt to give way. In the hone!,
and generally in the equipment of the batteries there 1,
not that look of solid excellence which distinguishes
field artillery. No doubt, however, all that is requisl
to insure thorough efficiency has been carefully provide
and the men, it should be observed in conclusion,
above the usual height in the French service.

CHRIST'S HOSPlTAL.—Yesterday being St. Matthev/114
day, Alderman Sir W. Musgrove, Aldermen 1fi,86"
brother, Sir G. Carroll, Moon, and Kennedy, the •
riffs, Alderman Wire and Mr. J. S. Wallis, Mr.
Sheriff Smith (the Lord Mayor was not present), sl
sermon
GpCr.hervAiiso.tu
JsCathcouo rbtc,hhe,peN.
xvhieliits:itotee:
companied by the leading governors of the hosPit,....°4
street.wat
was
se n
pd re
ed
a Thehe
preached
divineby annualt the
service
es eßrme
Fellow of Worcester College, Oxford, Head
of the
•hospital. At the conclusion of the servihe:
the aldermen, sheriffs, and governors repaired to A
great hall in Christ's Hospital, where four orations,
the benefits of the hospital, were delivered-013,1
Latin, by Mr. J. C. Barker ; in English, by H. T. Air;
field ; in Greek, by J. W. Funnell ; and in French,
..a
C. W. P. Watts. After the orations had been delivel
Messrs. Forster and Tebbutt recited several translatill
from Shakspeare and Longfellow, Mr. J. W. Fault%
rea ling an English poem on Constantinople. The pr.",
poem on the Don Cossacks concluded the exhibition.
large number of patrons and friends of the hospital St,
scholars were present on the occasion. After the gr:
Lions and recitations the senior boys went round tv''",„
bags, when a most liberal contribution was collected t'o
wards the expenses of the two senior Grecian scholarll'
who are about to proceed—one to Oxford and the othOri
to Cambridge. At the conclusion the grand organ (1,
~
singing the
the great hall sent forth a grand peal with cs God al+vir
the Queen," the whole of the boys Nations
Anthem.
LAYING THE FOUNDATION STONE OF THE gill:
SCHOOLS.—Mr. Apsley Pellatt, M.P , was yesterday 11.
have performed the ceremony of laying the stone, biz-
he being unable to attend in consequence of indisposition
(though he sent a representation in the shape of
pounds as a contribution towards defraying the exPen
of the building), the duty devolved on Mr. Churchilli
who has officiated as treasurer of the society for the
thirty-six years. The ceremony was gone through Wit:
Churchill in the usual foi m. After some addresses tr
proceedings closed with a vote of thanks to the c127'1"
man.
IMPROVED IRON SHIPBUILDING.—It appears from t
pamphlet lately issued from the press, by Mr. Robert
Taylorson, who is the patentee of an invention of an 'I
proved plan of iron shipbuilding, which may be of vos
mercantile importance, has already attracted the att.°l2:
dm of the Government. The patentee in introduelta
his improvements to the public observes-4, That at the
present time in England and Scotland, there are in PO:
gross building, not less than 180 to 200 sail of iron ship',
of some 150,000 tons burthen, involving an outlay oi
not less than 3 to 4 millions sterling ; "and, after enter;
ing very fully into the details of the great superiorittni
!
part diagonal and part verticle framing, combined
.I.IZ
water-tight bulkheads, he says, several iron shipburs
ers and scientific gentlemen, after inspecting his P 1 °a
remarked—" That no unprejudiced person, hovilighig
practical knowledge, could deny that a ship built on this
practical with one-third less frames, would be Inuce!:
stronger than one built on the present imperfect prim
pie." He further draws the attention of steam navnigt,,
Lion companies pate underwriters, to a ship race.
a_
built upon his nted principle, by Mr. Jonatb
_1;
Robson, Gateshead, on the Tyne, for that eminent firm
Messrs. W. S. Lindsay and Co., of London, which
ibtended for the Australian trade. about
DISTINGUISHED ARRIVAL.—AIboa constrictor, .a_s.
14 feet in length, arrived at Liverpool the other
.4cl 7 ,
is
wolf -
in the Windsor, from Para. The animal •
marked, and appears to be in good health. Porlok,
voyage of 58 days it was at large among the cisfetil.
a short time ago satisfied its appetite by swallowing
monkey the size of a oat. For nearly five menthe 1"-
viously it had eaten n0thing.....1%1707g0l

ATOM v TVI All K

Lid Ul A L T E.LL

CITY, TSV 0 O'CLOCK.
The sales of cotton at Liverpool yesterday
were estimated at 8,000 bales, including 1,000
American taken for export. The market closed
heavily without change iu prices. The sales com-
prised 6,000 American, 400 Pernam and Maran-
ham at 52d. to 6id., 50 Bahia at 6gd., 100 Egyp-
tian at 6d. to 7/d., and 1,500 Surat at 3d. to 4-1-d.
per lb. Railway shares were very dull.
A good general business has been done in pro-
duce this week, and at full prices. Tea and
rice have each been in brisk demand, and at fuller
rates, especially for the latter. Spices have been
at an advance, and cochineal is ld. per lb. higher.
In jute there has been another decline of 255. to
30s. per ton. Tallow has fallen. Iron is dull. In
rum a good business has been transacted, a Govern-
ment contract for 50,000 gallons being announced.
Not much has been done in either sugar or coffee.
The total import of Sugar to this port has been
39,000 tons more than in the former year ; export
deliveries are 4,800 less, and 1,60 U larger for home
trade purposes. The excess in stock is 20,000
tons.
Imports of all sorts of Coffee into the United
Kingdom up to the close of August were 1,700
tons, and 15,253 last year ; deliveries for home
trade purposes 11,500, against 11,260, for export
9,500, and 6,775 in the former season. On the Ist
of the mouth stocks were 13,800, and last year
18,000. In the chief ports of Europe, including
Great Britain, stocks are 75,980, and at same date
last year 83,810 tons. The auctions declared for
Thursday comprise 2,000 bags Native Ceylon, for
Tuesday 200 casks Plantation, 500 bales and half-
bales Mocha, and for the 29th 3,700 bags Porto
Rico, and 52 casks Plantation Ceylon.
In letters received from Stockholm it is men-
tioned that the allied fleets had entirely quitted the
Aland islands, but that the Gulfs of Bothnia and
Finland were still blockaded. It is not stated
whether the allied fleets which were at the Aland
islands intend reinforceing the blockading squadron.
Many more of the members of the two Chambers
in Denmark had resigned, but they were ordinarily
Placed by other candidates belonging exclusively to
the party opposing the existing Ministry. At Copen-
hagen three liberals were elected by alarge majority.
The trade from Russia across to the Prussian frontier
*was carried on with great activity, an immense
number of carts being employed, and the steamers
front Hamburgh every week were largely freighted
With hemp, linseed, 8.r.c., bought on English ac-
Count- Although this partial trade mast benefit
our enemies, the Russian producer will unques-
tionably suffer by having to sell cheaper in order to
Meet the extra cost. of conveyance, as well as by
seeing his stocks accumulate.
In adverting yesterday to the case of the Otto-
man Bank, we mentioned the existence of the
finnan intact, and the transfer of all the rights
and privileges therein conferred upon the original
founders to Messrs. Trouve, Chauvel, and Stanley.
This morning the original documents have been
submitted to us, and it is only necessary to remark
that they are most ample and conclusive. We have
received the following from a correspondent :
"TO THE EDITOR OF THE SUN.
"Sir,—The Times, in its Money Market,' publishes
some extracts, and one document, from the Journal of
Constantinople, stated to be official—and that an official
Paper, in reference to the Turkish loan, and the parties
claiming as the representatives of the Oriental Bank (of
Constantinople), to have the assignation of the Egyptian
tribute. The document therein quoted is a spurious,
and clearly a compulsory abnegation of certain rights,
a: original founders of the projected Bank
of Constantinople. Some more than one year
ago surrendered in favour of the parties now
authorised for the establishment of that bank, and to
'whom the Egyptian tribute was, therefore, with all
other privileges, assigned. That resignation of the first
tfounders in favour of the present holders was accepted
.by the Divan and the Sultan, and a new contract was
Passed with all formality, and the Sultan'sfirman, with the
representatives of the Oriental Bank as now acting. I
have seen the documents, and can testify in the case,
theeTssfokirgery be challenged, which I call on M. Musurus,
set hnEnvoy (Greek by name), to state whether such
be the intent not. The representatives of the Ottoman
Bank answered his original incrimination with docu-
merts in disproof, n.ver yet attempted Lo be rebutted.
Everybody knows, the Times correspondents not
the least or last, as many citations might show, the ex-
cessive corruption of Turkish officials and the Ottoman
Government—Reschid Pacha once scandalised in that
Paper among others—as might be quoted.
" But that and all this is beyond the real question.
We are now on the 22d of September ; the loan was
contracted on the 20th of August. We know that the
Turkish envoy (as he has shown himself) can receive a
despatch in nine days. Thirty-three days have passed,
111 which there has certainly been ample time, and to
I.Apare, for two despatches to have been received, since
!lae contract of the loan must have been officially made
known to the Turkish Government.
" Where, then, is the acceptance of that loan, and the
firnian of ratification, and why not made public if re-
ceived ? What but makeshift and moonshine is it to
_ ,
oPuutp prosy nothings from theJourna/ of Constantinople
a_u.s.cn questions gone by. As one of those devoutly
g. well to Turkey, and to any honourable efforts
to aid in the pecuniary difficulties,—l am, Sir, your
obedient servant,

"A PLAIN DEALER."

"N.B.—lf the loan had been recognised and all in
order, the premium would have hardly declined so low
all 3 per cent., and business in it so dull and difficult.
The supplementary million now issued, should have
bade prices better, not worse, if so really a good thing
at, the ratification should make it. For if two millions
Should be good for 5 premium, it has been 7, surely a
supplementary million should command no less, but
rather more. That is not the way in which a practised
Land in loan affairs would, or has been accustomed to,
manage matters. Let us have the firman of ratifica-
tion, and all further verbiage may be saved on the part
of envoy agents and contractors."

The following prices are given by Messrs. D.
13e11, Son, and Co., for the Public Securities of the
United States of America :

10
5
20
20

United States 6 per Cent. Bonds Redeemable. Per Cent.
1863...106, 107.
United States 6 per Cent. Inscribed
Stock
Pennsylvania
5 per Cent 1867-1868...10G 107
... 76 78
-.eunsylvania 5 per Cent. Bonds 1877... 82 83
Massachusetts 5 per Cent. (Sterl. Bonds) 1868...103
413-ryland 5 per Cent. (Sterling Bonds) ... 92 94
t-,!abatnro. 5 per Cent. (Sterl. Bonds) 1858-9-66... 83
.vilrgi.ni.a 5 per Cent. (Sterling Bonds) 1888... 90 92
6 per Cent. Bonds 1886... 92i 93i
11ILROAD BONDS.
"ngylyaDia Central B. Rd. 6p. Cent 1880... 90 91
Nei' York and Erie 7 per Cent. Ist Mort-
gage .................................. .1868-1869-101 103
ew York and Erie 7 per Cent. 3d Mort-
gage 1883... 75
....................................... ..
ew York and Erie 7 p.Cont.,Convertible.lB6..... G 3
66
The six weeks' average price of wheat is 60s. Bd.
I)®r
rnquarter.
c "'he English Securities have been rather heavier.
caleols have been done at 95i and since at 95i
c, for transfer, and at 95,i to 96 for account. En-'
Bills are Gs. to. 9s. premium, and India
_ponds at 7s. premium.
Spanish
Securities have been rather flatter.
Scrip New Deferred are 18i The Turkish
bees
at 3t to 33- premium. Mexican Bonds
b_ve been at 24i . Dutch 2i per Cents. have
Worth 621.T1ie following are the nominal prices of foreign
Rt°e" Grenada Deferred Bonds, 6 to 6,i ;
3 exican, 241 to 25i ; Peruvian, 70 to 72 ; ditto
4,1),er Cents. 51 to 53 ; Portuguese 4 per Cents.,
co 42 ;
44 Russian' 5 per Cents., 98 to 100 • ditto
18Per Cents., 88 to 90 ; Spanish New Deferred,
e 8 to 18i ; ditto 3 per Cents., 37i to 38 ; ditto
'),.l:ntificates, 5 to 5i ; ditto Passive, 4 to 4t.
ea the Railway Share Market has been heavy, and
ba et have again been made at reduced quotations
4-"lidland North-Eastern, Scottish Midland,
.0
E,2-1. Great Northern. French shares have been
1
? and Zealand in demand.
The Mines are maninal, in the Banks there have
been a• few transactions, and Crystal Palace are
b 110Yaut.
BR

,ITISII FUNDS THIS DAY.—CLOSING PRICES
(Prom the °Val List.)
Be iness done.
Per Cent. Consols Annuities 9si i li i
India Bonds, £lOOO ....... ..... .......... ..••• 7 p
Co
nsols for Account 17th Oct.
Z 1 14chequer Bills, 2id.
000
.•
•t5OO
Small
Ditto 1859, PP
PRICE OF FOREIGN FUNDS THIS DAY.
Buenos Ayres Bonds, 6 per Cent 56
Mexican 3.3 per Cent.
24i 5
_
ttlissian Bonds, 1822, 5 per Cent. £St 9K.:4
.. Ditto 44 per Cent SS
:Panlsh New Deferred, 3 per Cent lB-i i •
,Paaish Committee Cert. of Coup. not fun s,i IP o
Turkish Scrip
Ditto for the A.ccount 34 3
Dividends on the above payable in Lcndon.
Dutch Exchange, 2i per Cent. 12 Gull
Ditto 4 per Cent. Cortifieates.•••••,— 9l

Cowls THREE O'CLOCK.
05
Ditto Octoieer Amount

100 al
20 li
25 li
25 al
25 al

100 1 al

100 al
20 II
5 al

100 al
10,J al
100 al

20] al
100 al
20

20 I 11

20
20
20
33