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

THE CAMP AT BOULOGNE.

BOULOONE', SEPT. 21.—The Emperor is expected bit:
to-day, but his movements depend so entire]] 1W;
himself, that there is no absolute certainty of his retn-
In the same way, the postponed manoeuvres co
E-Pceuilles, it is now confidently stated, will take 111,
on the 25th, but whether they do or not has, probabT
not yet been finally determined. It excites some s.tl4
prise in the army that, being under the personal cs—;
mand of the Emperor, who has come to Boulogne fors.
purpose, nearly a mouth should have passed al
without more than one grand fieldday having occurs
be
Even then only a portion of the troops were out, and
to
inspections and parade views which have taken plaesp,
not of a character to count for much with so large a
body of men regularly encamped for training sfro
exercise. At Chobham our troops were much in-of
knocked about, and, though to set the French aro
the North in motion is a very different thing from turo)
ing out upon an English common some 8,000 or 9.13;10
soldiers, still it may fairly seem strange that more
not been done. But perhaps the Emperor is intent ore,
other objects with this magnificent army. If, as i 5
nerally believed, he is forming it thus early to 101;0
is
readiness for what the exencies of the war may rsq:3oo '
of him next spring, it may be readily imagined that WI to,
and sham fights are more held to pass the time an,,or..
occupy the attention of the men than for any other r
pose. It is this conviction, at least, which prevails A
the army, and so strongly, that one cannot go 531,1:2c1t,
large café militaire without hearing the words Cronsakci
Sebastopol, or Bomarsund constantly repeated. indeethe
when the Prince was over here, these words
only common vocabulary between the Life Goarcistet.
he brought with him and the French soldiers who 11$00
ened to show them hospitality. In every other res Psst
they were completely unintelligible each other, to 0 foto
when they quaffed bumpers of punch to the name 9) Ai• g
of the Russian fortresses there was no misunderstan;-„,no
as to what was meant. Some, indeed, confidently bell:he
that this army of the North is in reality destined for ".0
Rhine. It is not surprising that the policy ol
should suggest such views, but time alone can dole it,
were.
0
with certainty the true character of the work whilt is
b
Emperor has manifestly cut out for his troops. los
not for the pageantry of grand fielddays, nor to
away a certain amount of blank cartridge, that be ti
aPie
encamped so many thousands round Boulogne, and the
must take a narrow view of the spectacle which sevt
cliffs in this neighbourhood for several leagues Pre of
who fancy that it has all been got up for the pure la'
autumnal recreation. Whatever may be in contelvt
tion for it, the French army of the North is in 004; e t
campaigning trim, and will, when tried, give abue,asit
proofs of its efficiency. In some important respect
for
scarcely attains to our standard of what is requisite ire
the training and equipment of soldiers ; in others we
a,
certainly surpassed by it ; but, these sources of colnli-
rison apart, it is a splendid force, capable of doirg ADI;
thing and going anywhere—except, of course, to inva
England.
f
Yesterday General Morin inspected four batteries - o
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 t°.
n excellent working order. It would appear that'ol
Emperor's 12-pounders now used are simply the e't
8-pounders bored out to that size, and we are told th,„sss
they make very good practice at from 1,200 to lAril`'
yards. The French artillery polish their guns, NOT;
with us it is considered more ornamental to let tPi
bronze take its own natural hue under the influence It
oxidation. Another point of difference is that their gut
carriages have no shafts to them, the horses probably i_rto
being strong en ough. Officers assert that the use of sbei'' o
ism considerable advantage in pulling up quickly. Vier:loe
believe in the superiority of the English plan of liavr;
the wheel tire in pieces, which, if shot away, may besot
placed. In the French service it is continuous, like .17.13,
in ordinary use, except that it is securely rivetted to
felloes by iron bolts. There seems to be only one aye
munition waggon attached to each gun. whereas,
is
have, besides that, two extra to each battery, and lebst
well understood as an important point in practices "vis.
our artillery carries a considerably larger supplY of 80,
munition than any other into the field, As to 11°r5bot
ours have a great advantage in size and strength,
03,
are probably not so hardy or steady in service. In clod
paigning the forage of horses is frequently atteo
1,0
with immense difficulties, and it is then that the P° sod
of endurance which those of the French cavalry to
artillery appear to possess would be most advantageet be
brought out. Some of them are too old and ought tfnee•
got rid of. Among minor points noticed at the in'lot•
tion may be mentioned the strength of the dragebeiliio
tached to the gun carriage, as from the weight, they the
cult ground which has frequently to be crossed, an
tremendous jolting from the want of springs, thugi.tiesg
part which is very apt to give way. In the na."l„ is
and generally in the equipment of the batteries the our
not that look of solid excellence which distinguisbesoite
field artillery. No doubt, however, all that is recltiecl,
to insure thorough efficiency has been carefully Prev- ass
and the men, it should he observed in conclusion.)
above the usual height in the French service.

CHRIST'S HOSPlTAL.—Yesterday being St. Matthe Wr;
day, Alderman Sir W. Musgrove, Aldertnea
brother, Sir G. Carroll, Moon, and Kennedy, th.rrede
riffs, Alderman Wire and Mr. J. S. Wallis, gr. `l.-)
Sheriff Smith (the Lord Mayor was not preeen",;•taf
companied by the leading governors of the "sr;te
attended divine service at Christ C 'lurch, Near/lion
.06
street. The annual sermon previous to the exu'' allots
was preached by the Rev. G. A. Jacob, Es.n.m'' ter
Fellow of Worcester College, Oxford, Head
of the hospital. At the conclusion of the 66 - the
the aldermen, sheriffs, and governors repaired t, e
great hall in Christ's Hospital, where four oration oelt
ip
the benefits of the hospital, were delivered--f:ov
Latin, by Mr. J. C. Barker ; in English, by a i,
field ; in Greek, by J. W. Funnell ; and in Free';' ,7.,',r ea
C. W. P. Watts. After the orations had been clej",ioee
Messrs. Forster and Tebbutt recited several tranelA"oll
from Shakspeare and Longfellow, Mr. J. % runi4oo
rearling an English poem on Constantinople. The' P A
poem on the Don Cossacks concluded the exhibitiraeo,'
large number of patrons and friends of the hospital are•
scholars were present on the occasion. After tbe;ith
tions and recitations the senior boys went round ,
bags, when a most liberal contribution was colleebi;
wards the expenses of the two senior Grecian sch°Ahifjer'
who are about to proceed—one to Oxford and the "„- of
to Cambridge. At the conclusion the grand crgA%
the great hail sent forth a grand peal with " RI)" ,i0:11
the Queen," the whole of the boys singing the :•1•3"
Anthem.
DO°
LAYING THE FOUNDATION STONE OF 171— tO
SCHOOLS.—Mr. Apeley Pellatt, M.P , was yesteakbut
have performed the ceremony of laying the sto ae'.ooo
he being unable to attend in consequence of indispeT five
(though he sent a representation in the shape °:hase
pounds as a contribution towards defraying the ,Or-billf
of the building), the duty devolved on Mr. Cl arc ot
who has officiated as treasurer of-the society for fibe Pgr,
thirty-six years. The ceremony was gone througl 1 by the
Churchill in the usual foim. After some addresses .1,,
proceedings closed with a vote of thanks to tha 011'1

man.
froai
IMPROVED IRON .SHIPBUILDING.—It appears ,
_bap
pamphlet lately ilsued from the press, by Mr. lcu,

Tayl-orson, who is the patentee of an invention of nriz,se
proved plan of iron shipbuilding, which 'may be 411,1 m--e-mercantile
-mercantile importance, has already attracted the 1/":„g
tion of the Government. The patentee in introducltie
his improvements to the public observes—" That at ",•
present time in England and Scotland, there are in il)„
gress building, not less than 180 to 200 sail of iron 6044
of some 150,000 tons burthen, involving an oiatlaf•
not less than 3 to 4 millions sterling ; "and, after enter;
ing very fully into the details of the great superiority
t
part diagonal and part verticle framing, combir ed wi
A .12,
water-tight bulkheads, he says, several iron eleipbun
era and scientific gentlemen, after inspecting his Plittio
remarked—" That no unprejudiced person, having ._
practical knowledge, could deny that a ship built on thl;
principle, with one-third less frames, would be roue
stronger than one built on the present imperfect princi-
ple." lie further draws the attention of steam navigr
tion companies and underwriters, to a ship recent'l
built upon his patented principle, by Mr. Jonathan
Robeon, Gateshead, on the Tyne, for that eminent firm,
W. S. Lindsay and Co., of London, which
intended for the Australian trade. about
_DISTINGUISHED ARRIVAL.—AIbOa constrictor, a
14 feet in length, arrived at Liverpool the other day,
in the Windsor, from Para. The animal is nicely
marked, and appears to be in good health. During
voyage of 58 days it was at large among the earg'();
a siort time ago satisfied its appetite by swallowing
monkey the size pf a cat. For nearly five months Pr.!
yiously it had oaten nothing —.leiverPoti

MONEY MARKEi

AND

GUAIMERar AL INT ELL IGENCE.

CITY, TWO 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 f 12
heavily without change in prices. The sa=es com-
prised 6,000 American, 400 Pernam and Maran 50
-
ham at sid. to 6id., 50 Bahia at 6gd., 100 Egyp-
tian at 61 to 7id., and 1,500 Surat at 3d. to 4i-d. M
per lb. Railway shares were very dull. 27
A good general business has been done in pro-
-22
duce this week, and at full prices. Tea and 25
rice have each been in brisk demand, and at fuller
rates, especially for the latter. Spices have been Z.
at an advance, and cochineal is Id. per lb. higher. 10
In jute there has been another decline of 255. to ro
30s. per ton. Tallow has fallen. Iron is dull. In 50
rum a good business has been transacted, a Govern- 20
.went contract for 50,000 gallons being announced. 10
Not much has been done in either sugar or coffee. 50
The total import of Sugar to this port has been 25
39,000 tons more than in the former year ; export 25
deliveries are 4,800 less, and 1,600 larger for home St.
trade purposes. The excess in stock is 20,000 U.
tons.

Imports of all sorts of Coffee into the United Z.
Kingdom •up to the close of August were 1,700 St.
tons, and 15,253 last year ; deliveries for home St.
trade purposes 11,500, against 11,260, for export a 0
9,500, 9,500, and 6,775 in the former season. On the Ist
.10
of the month stocks were 13,800, and last year St.
18,000. In the chief ports of Europe, including St.
Great Britain, stocks are 75,980, and at same date St.
last year 83,810 tons. The auctions declared for St
Thursday comprise 2,000 bags Native Ceylon, for st.
Tuesday 200 casks Plantation, 500 bales and half- 12
bales Mocha, and for the 29th 3,700 bags Porto 50
Rico, and 52 casks Plantation Ceylbn. 16i
16
In letters received from Stockholm it is men- st:
tioned that the allied fleets had entirely quitted the 19
Aland islands, but that the Gulfs of Bothnia and 20
Finland were still blockaded. It is not stated Ili
whether the allied fleets which were at the Aland BStt."
islands intend reinforceing the blockading squadron. 20
Many more of the members of the two Chambers 10
in Denmark had resigned, but they were ordinarily st:
eplaced by other candidates belonging exclusively to 50
the party opposing the existing Ministry. At Copen 25
-
hagen three liberals were elected by a large majority. 25
The trade from Russia across to the Prussian frontier
was carried on with great activity, an immense st,
number of carts being employed, and the steamers St.
from Hamburgh every week were largely freighted' 25
with hemp, linseed, &c., bought on English ac- 100
count. Although this partial trade most benefit 26!
our enemies, the Russian producer will unques-
tionably suffer by having to sell cheaper in order to 20
meet the extra cost of conveyance, as well as by st,
seeing his stocks accumulate. 50
in adverting yesterday to the case of the Otto- St.
16
man Bank, we mentioned the existence of the , 16
firman intact, and the transfer of all the rights
and privileges therein conferred upon the original st,
founders to Messrs. Trouve, Chauvel, and Stanley. 2
This morning the original documents have been 50
submitted to us, and it is only necessary to remark St.
that they are most ample and conclusive. We have , f(0)
received the following from a correspondent : 10
" 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,
as 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
founders iu 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'afim an, with the
representatives of the Oriental Bank as now acting. I
have seen the documents, and can testify in the case,
e sr
etnlees forgery be challenged, which I call on M Muuru
such
s
,
the Turkish Envoy (Greek byname), to state whether
e
be the intent or not. The representatives of
th
Bank answered his original incrimination we'ltl4Cricanu.
nients in disproof, never yet attempted to 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,
in which there has certainly been ample time, and to
Spare, for two despatches to have been received, since
the contract of the Loan must have been officially made
known to the Turkish Government.
" Where, then, is the acceptance of that loan, and the
Erman of ratification, and why not made public if re-
ceived ? What but makeshift and moonshine is it to
reap up prosy nothings from the Journal of Constantinople
about questions gone by. As one of those devoutly
wishing well to Turkey, and to any honourable efforts
to a;.d in the pecuniary difficulties,—l am, Sir, your
Obedient servant,

"A PLAIN DEALER."

20
20
50
20

10
5
20
20

"N.B.—lf the loan had been recognised and all in /00
order, the premium would have hardly declined so low 20
3 per cent., and business in it so dull and difficult. 2,
-1-11 e supplementary million now issued, should have 25
blade prices better, not worse, if so really a good thing 25
ab the ratification should make it. For if two million.,
%hould be good for 5 premium, it has been 7, surely a 100
"PPlementary million should command no less, but
rather more. That is not the way in which a practised 1„°0
hand in loan affairs would, or has been accustomed to,
as age matters. Let us have the firman of ratifica- 5
1°133 and all further verbiage may be saved on the pan 20
,
-nvoy agents and contractors."
The following prices are given by Messrs. D. 100
JOI
al, Son and Co., for the Public Securities' of the
• 100
trnited. States of America : 103
100

Per Cent. ITaited States 6 per Cent. Bonds Redeemable.
1863...106A 107 A 'United States 6 per Cent. Inscribed
vs Stock
1867-1868...106 107
rep,
nsylvania 5 per Cent.. 76 78
xerinsylvania 5 per Cent. Bonds 1877... 82 83
Itaisachusetts 5 per Cent. (Sterl. 13onds) 1868-103
karyland 5 per Cent. (Sterling Bonds) .. 92 94
//irg i
-Alabama 5 per Cent. (Sterl. Bonds) 1858-9.66... 83
nia 5 er Cent.terling Bonds) .1888... 90 92
-Virginia 6 per Cent. Bonds 1886... 92i 93A
l'e ZAILROAD ONDS.
unsylvania Central R. Rd. 6p. Cent 1880... 90 91
14r6w York and Erie 7 per Cent. Ist Mort-
..„.. gftge .
.1868-1869...101 103
vv. ................................
*•"" York and Erie 7 per Cent. 3d Mort-
gage
1883.. 75
Ice,. Ar ; •
pp.,: 'lx and Erie 7p. Cent.,Convertible. 1862... 63 66
"'Li° six weeks' average price of wheat is 60s. Bd.
per quarter.
The English Securities have been rather heavier.
Consols have been done at 951 t, and since at 951
'for transfer4
, and at 95 to 96 for account. Ex-
Bills are 6s. to 9s. premium, and India
Bonds at 7s. premium,
Foreign. Securities have been rather flatter.
Spanish New Deferred are 18i
BeriP is at 3 i. The Turkish
have been Ito 31 premium. Mexican Bonds
at 241 if. 'been worth 62f. Dutch 2 per Cents. have
Stocks :—.Grenada Deferred Bonds, 6 to 61 ;
Mexican, 241 to 251- ; Peruvian, 70 to 72 ; ditto
4 per Cents. 51 to 53 ; Portuguese 4 per Cents.,
4
40 to
-2 ; Russiane 5 per Cents., 98 to 100 ; ditto
44 per Cents., 88 to 90 ; Spanish New Deferred,
1-8 g to 18i ; ditto 3 per Cents., 37i to 38 ; ditto
Certificate; 5 to 5A- ; ditto Passive, 4 to 41.
The Railway Share Market bas been heavy, and
tales have again been made at reduced quotations
in Midland, North-Eastern, Scottish Midland,
!Tit' Great Northern. French shares have been
-urn; and Zealand in demand.
The Mines are nominal, in the Banks there have
been.k a few transactions, and Crystal Palace are
buoyant.

FUNDS THIS DAY AT ONE O'CLOCK.

(Fran. the Oecial List.)

laaik Bt
3 per gent. Consols Annuities ............ 95i viness do„.
'Bonds. £lOOO .....
.... .........•... 7 -
Consols for Account 17th Oct.
........... 96P 5
tleV.equer BUN, 2i d.

£ • ......................
.......... 96 p
Omanooo 96 p •
................................ 9 p
RICE OF FOREIGN FUNDS AT ON
Mexican 3 per Cent. E 6
O CLOCK,
Russian Bonds, 1822, 5 per Cent. £ St 24i
Ditto 4} per Cent
$S
ISPanish Yeu• Deferred, 3 per Cent. ......... .
Turkish Scrip
...............
Ditto for the Account
3i
Dividend:Jon the above payable in London.
Dutch
oExchange, 24 pp' Cent. 12 Gnil 62.1
I:itt wtt.. • ~ .

iIIALF-PA,Yi' TWO.
. , ............................ I
moor Aocsouut ........... P6i