The Sun.
London, England, 1849-03-22 00:00:00

SPANISH AMERICAN BOND-

HOLDERS.

" The C, mmittee of SpariTshamerican Bondholders
have received the following from Messrs. Manning and
Mackintosh:—

" Mexico, Feb. 13.
" Sir,—Since writing our letter of yesterday,* cir-
cumstances have come to our knowledge which induces
us to believe that an arrangement may be at once effected
fur the delivery in London of the equivalent of the
500,000 dollars referred to in the said letter, and we ad-
dress Messrs. John Schneider and Co. on the subject.
" We remain, &c.,
MANNING AND MACKINTOSH.
o„
" ' G. R. Robinson, Esq. . _ _

The letter to which this communication refers is pre-
sumed to have been dispatched by the' Dee, which is
now expected. It is inferred that, the sum of 500,000
dollars being ready for remittance on account of the
bondholders, the Mexican Government have arranged
to retain the specie, by subtsituting drafts for the
amount on Messrs. Baring Brothers and Co., who, as
will be observed fiem some details below, have been
placed in funds for the purpos-, by remittances from New
York, ( n acceunt of the fad, rahity due to Mexico from
the United States. We have also received, from the
Committee of Spanish American Bondholders, copies of
the following letter:: in relation to this subject:—
.‘ 10, New Broad-street-mews, March 21.
"Sir,—. We b. g to hand you enclosed, for the iefor-
mw.ton of the Con:mittee of Spanish American Bond•
holders—

'• No. 1. Copy of a letter received by us this morning,
r•iu the United S aces, from Messrs. Alarming and Mack-
dated Alt xico, F b. 13.

" No. 2. Copy of a letter addressed by us thereon to
Mt ssrs. Biting Brothers and Co.; and
" No. 3. Copy of their answer thereto.
" The mail now daily expected to arrive will doubt.
less bring us further information on this matter, when
we shall proceed to communicate with Messrs. Baring
Brothers and Co., and will inform the committee the
result thereof.—We remain, &c.,
" JOHN SCHNEIDER AND Co.
" G. R. Robinson, Esq., M.P."
(Copy No. 1.)
" (llaplicate via United States, original per steamer.)
" Mexico, Feb. 13.
_ . .

" Dear Sirs,—lt being very desireable that an ar-
rangement should be made at once for the delivery of the
equivalent of the 500,000 dolls. to be received for ac-
count of the bondholders, as explained to Mr. Robinson
in our letter of this date, and having reason to believe
that Messrs. Baring Brothers sad Co. may be induced
to assist in accomplishing this object, we beg to hand
you the enclosed letter for those gentlemen, iu reference
thereto.

'6 And remain, dear Sirs, your obedient servants,
" MANNING AND MACKINTOSH.
" Messrs. John Schneider and Co., London."
(Copy No. 2.)
" 10, New Broad-street mews, March 21.
" Gentlemen,—Enclosed we beg to hand you a letter
which we have this day received from Messrs. Manning
and Mackintosh, of Mexico, addressed to you, and we
beg the favour of your informing us if you are ready to
make to us the payment therein referred to.
" We remain, Gentlemen, your obedient servants,
" JOHN SCHNEIDER AND CO.
"Messrs. Baring Brothers and Co.,
Bishopsgate-street."
(Copy No. 3.)
" Bishopsgate-street, Mareh 21.
" Gentlemen,—ln answer to the inquiry contained in
your letter of to day we have the honour to state, that in
conformity with the desire expressed in the letter to us
from Messrs. Alai-ling and Mackintosh, of Mexico,
dated the 13th of February, we are ready to confer with
you on the subject of the delivery to you, as agents of
the Mexican bondholders, of the equivalent of 500,000
dolls., and if, as we hope, the matter can be breught to
a satisfactory conclusion, we shall hold the sum in ques-
tion at your disposal against the delivery to us of the
requisite receipts.
" We annex copy of the letter of Messrs. Manning and
Mackintosh, of the 13th of February, and have the
honcur to be,

Gentlemen, ycur obedient servants,
" BARING BROTHERS AND CO.
" Messrs. John Schneider and Co., New Broad-street."
" (Duplicate; original per steamer.)
" Mexico, Feb. 13.
" Dear Sirs,—Messrs. John Schneider and Co., who
will have the pleasure to hand you this letter, will inform
you that an arrangement has been made here for the
payment to them, as agents of the bondholders, of the
sum of 500,000 dollars, and as it is desirable that mea-
sures should be taken for the delivery in London of the
equivalent in sterling money, we shall be much obliged
by your conferring on the subject with those gentlemen,
and, if possible, forming some plan for obtaining the
object in question; and, in the event of the matter being
brought to a satisfactory conclusion, we have to request
that ycu will be so good as to obtain from the said gen-
tlemen a receipt in duplicate far the amount delivered
to them.

" We remain, dear Sirs, your obedient servants,
" MANNING and MACKINTOSH.
" Messrs. Baring Brothers and Co., London."

INSTALLATION OF MR. MACAIT-
LAY AS LORD RECTOR OF THE UNIVER-
SITY OF GLASGOW.
GLASGOW, WEDNESDAY.—The installation of Mr.
Macaulay took place this day in the common hall of the
college. Mr. Macaulay, in his robes, as Lord Rector,
was supported on either side by the Rev. Principal
M'Farlane and Pro`e.:sor Ramsay.
The customary formalities over, Mr. Macaulay ad-
dressed the assembled students. After returning thanks
fur the honour—the unsolicited, and, on his part, unan-
ticipated honour of his election, he preceeded to state
the difficulty he felt in clothing his feelings in language
adequate to the occasion. Even that great master of
eloquence, Edmund Burke, had, on his election, telt it
difficult to arrange and lay his thoughts before them.
And, in truth, there was no spectacle more affecting and
striking than that of a gr, at historical place of education
on the day of a public solemnity; and this day was ren-
dered still more notable by its cccurring in the four•hun-
dreth year of the existence of the University. On the occa •
sion of such a jubilee, it was but natural for their
to wander back to the early times of the institution,
and to trace its progress to maturity. The University of
Glasgow was founded at a pi riod which was a turning
point in history—at once an era of great destruction and
of a great creation. The empire of the east was falling,
the Byzantine period was passing away, and a victorious
sultan was devastating the relics of classic times in Con-
stantinople. In a corner of Europe a few German
artizans were cutting and arranging the first printing
types. At this period lived Popo Nicholas V., once an
obscure scholar—a magnificent patron of literature,
science, and arts. He it was who founded the Univer-
sity of Glasgow, and endowed it with the same pri-
vileges as the University of Bologna ; but in his
exertions for the revival of letters, the Pope was
unconsciously the head and harbinger of an approach-
ing revolution. Knowledge, called to be the hand-
maiden of superstition, overthrew superstition in 100
years after Pope Nicholas. For he would trace the
progress of the University by centenary periods. Eu-
rope and Scotland were in the agonies of that great move-
ment—the Reformation. The great scholars of Scotland
wore then the great Reformers of Scotland. Need he
mention such nami s as those of Knox, Buchanan, Mel-
ville, and Maitland. Pass another century, and we are
in the midst of another revolution. To the battle be-
tween Catholicism and Protestanism succeeded the battle
between Prelatism and Puritanism. During the second
century of the University closed in the darkest days of
that troublous age. Another hundred years roll away,
and we come to happier times. The civil and religious
liberty of the people had been bought and paid dearly
for. The empire was prosperously making progress, and
in no part of it was the advance more extraordinary than
in Clyeesdsle. Then their University bore a rich har-
vest of great names—men renowned as natural philoso-
phers, moral philosophers, mathematicians, jurists, philo-
logists, and poets. Such men as Simpson, Miller,
Young, Reid, Stewart, Black, James Watt, and he might
add Thomas Campbell. Linked to such names,
the University of Glasgow need fear no comparison
with its prototype, the University of Bologna. Another
century was now about to commence, and, he believed,
under most happy auspices, for he disregarded the
ominous forebodings he sometimes heard uttered. For
years, he had seen nothing but growth, while hearing.
of nothing but decay ; and, indeed, the more he examined
the constitution of this country, the more convinced ho
was that it had nothing of age in it, save in its dig-
nity; that it will be handed down to a late posterity,
and that in its shade the great academical lieinstitutions trusted
of the land would prosper andincretahse University of
e
of 1 countryu 9,
and of mankind; and that, at
that during the next hundred years
Glasgow would continue to deserve
installation its
the people would hd glory of their University—citing,
his assertion, the famous names of
youth who might now be listening to him.p e
The
hhaep s
address to
re ty
the Fight Hon. Gentleman was
quently interrupted by vociferous applause.
test
o it

The case of Hayden v. the Midland Railway Com-
pany was tried on Monday at Derby. The plaintiff
sought to recover damages for an alleged injury to his
spine, occasioned by a collision on the Midland line, at
the time he was a passenger. This was a very curious
case; all the symptoms corresponded with the effects
of an injury done to the spine, but they also corre-
sponded precisely with the effects of loose habits
of life, proceeding from keeping late hours, intem-
perate drinking, and the questions were fairly put
hether or not the company, i❑ this instance, had hurt
his back at all, and if they had hurt it, what amount of
money they ought to pay for what they had done. The
plaintiff made no complaint until some time after the
occurrence of the collision. The jury, having heard the
evidence, found for the defendants.

John Davis and Thomas Davis Were on Tuesday
tried at Exeter for having unlawfully had in their pos-
session two forged Bunk of England notes; they wer•
convicted and sentenced to seven years' transportation
each.

A married lady named Watson was committed to
prison on Tuesday by Mr. Justice Williams,*at Exeter.
because she refused from conscientious scruples to take
'
an oath. She declared herself to be a member
of the
Church of England.
o
ANOTHER. DEATII FROM ITYD
"
•
Runcorn, on Tuesday, James Sothern,eo all the outward
agedrlinia. -- At
23, a driver
on the Duke's Canal, began
hto
zrini n g
to relate the un-
fortunate of hydrophobia, and,,
fortunate victim died on tb:
pears that the poor wa
little dog, at Lynn, h
Courant.
In Carnarvon
four pounds, and
and eighteen in bnouta stsObitten in the hand by a
following
weeks ago.—Chester
19Icing morning. It ap-
pears a
turbot, weighing twenty-
measuring twenty-eight inches long
breadth, was caught a few days since.