The Sun.
London, England, 1838-02-02 00:00:00

lAOLIcA4 INTfELLIGIIN CB%

VIVIOIV=HALL.
Yesterday James Manyard was brought up for examination,

elia-ged with uttering a forged Lill of exeliang.: for 301., w;th
intent to defraud a-farmer tmmedJonei, residing in the coun!r: ;
T.:le prisoner teas remanded.

MA RYLEDONE.

ASS,ULT AND ALLEGED BIGAMY,—Mrs. Mary Reeves, an
actress of some celebrity at one of the Minor Theatres, was
brought berry Mr. Sltt'rT on a warrant, by Collard, an officer
of this establishment, to an-wer the charge of having assaultei
a dashingly-dressed young woman named Louisa Pledger,
resiuirg in Exeter-street, Lisson-grove.
111:'. SHUTT—NOW, what have you to complain of ? Corn-
1-inant On Monday morning. between twelve and one
o'clock, the defendant came to my door, and demanded her
husband. I told her he was not there, and tb sired her to go
away ; but she refused to do so, until she had given me a yin-
lent blow on the head with a b:it! full of halfpence which she
had in I e" hand.—( Complainant here exhibited to the Magis-
trate a bruise on her forehead.)
Mr SHUTT—Is her husband a lodger at your house ? Com-
planant (hanging down her head)--Not exactly, Sir; if I
must speak the truth, we are living together.
Mr. Suit7trr—Flow long has he liv,cl with you? Com-
plainant—About six months, Sir.
Mr. SHUTT—YOU seem very young ; how old are you ?
Complainant—Nineteen next July.
Tha husband, a well-dressed man, also in the theatrical
line, here stepped forward, anJ, addressing the bench, said,
Gentlemen, my wife has another husband living, which is
• the reason I left her."

The defendant was fined 6d., and discharged.

BANK OF FRANCE.

(From the Commerce of Friday, Jan. 26. )
'We have reci ived at the moment of going to press the follow-
ing communication, which we hasten to lay before the public
at once—a statement and a compendium of facts relating to the
general meeting which took place at the Bank to-day :
GENERAL MEETING OF TIIE BANK OF
FRANCE, JAN. 25. •

The increase in the profits of the Bank were of a nature to
render the statement which she had to present annually to the
proprietors very easy on the present occasion, 760,000,000 of
discounts in 1836, 750,000,000 in 1837—such is the summary
picture of hsr prosperity, and it presents the highest amount
to which her discounts have arrived since her foundation.
In one of these years she paid a dividend of 112 f. to the
proprietors, and one of 1201. in the other. With such results
her administration could not fail of being well received.
There was a time when the Bank often offered dividends of
from 60f. to 70f. She was then blamed—she is now praised;
though possibly tie animadversions which she then had to
submit to, and the praises now offered, were alike premature.
In many cases circumstances are more powerful than men.
Be it as it may, it is disagreeable to holders of Bank stock
to see such changes in their income, changes which at the
same time act upon the value of their property. In the course
of a few years we have seen the prices of shares rise from
1,700 to 2,600 ; they rose in proportion to the dividend. Is it
not probable that in case of a decline in the latter, the former
would in consequence be exposed to a proportionate fall ?
Holders, then obliged to sell, would become the victims of
these sudden changes. If it were possible to introduce a fixed
r.te of dividend, we should avoid those shocks, always painful,
in the price of an object intended for permanent investment,
rather than one of speculation : thus in London the Bank uni-
formly pays 8 per cent. on the original capital, and the price
of the stock remains almost uniformly fixed at about 2001.
money for 100/. stock. The Bank of England sets apart any
excess beyond the 8 per cent. to make up whatever deficiencies
may occur in bad years. The only thing wanting in this sys-
tem is publicity, for the public are kept in ignorance of the
amount of this reserved fund. Our banks, on the contrary,
are entirely open ; they are like the glasshouse of the Roman.
Our readers, therefore, like ourselves, may look on at their
leisure. According to a statement distributed among the
shareholders, the profits of discount— F.
in 1837 were 5,259,000
On loans on public securities 1,145,000
On loans on bullion and coin 77,000
Arrears of income of property belonging to the
Bank
Sundries 2,952,000
38,000

Total
Deduct Expenses 974,000

Net profit 8,555,000
Large as are the commercial discounts, it will be seen that
they are far from being adequate to the wants of the Bank,
and still she has been able to reduce her capital from
90,000,0001. to 08,000,000/. by the repurchase of shares. How
could she, after paying the enormous sum of 1,000,0001. it-year
in expenses, divide such large profits, if she had not invested
a large portion of her capital—if she had not solicited and
obtained in 1834 authority to make loans on public securities
—an authority so natural, that one is surprised it had not been
granted long before ?
Further, the Bank rather requires a productive capital under
her own guarantee than one undisposable and unproductive.
We know that the Bank of England has her entire capital
placed in tile hands of the Government. The Bank of France
is not yet in a position to take such a step, but with her re-
served fund constantly increasing she may, without fear, ulti-
mately do so.

In the reports read by the Governor and Censors it was
reported, as in preceding years, that the Bank had never
ceased to give its aid to every class of traders ; that the
smallest Bills had found favour; that the amount of those re-
jected had been much reduced; and that the prejudice spread
abroad to the contrary was unfounded. The average value of
every Bill discounted was stated to be 1,700 f.
The same reports point out the improvements to Wtich the
Bank has directed its attention ; by daily discounts, the pay-
ment of Certificates on the day of presentation, the facility
of discount extended to the environs, Bills payable to order
for the accommodation of travellers, &c.—all faculties, in
fine, appearing more to be in the interest of the public than of
the Bank.

Again, the branches established by the Bank at Rheims,
St. Etienne, St. Quentin, Montpelier, have given rise to a
question as to the benefits or losses to which the Bank may
be exposed, and it dues not appear that the profits arc likely
to prevail. Rheims alone offers any good result ; the circu-
lation of notes is very difficult to establish ; may this not
arise from the fact of the 'value (250 f.) of country notes
being too high?
We cannot avoid mentioning the just testimony borne to the
punctuality of the house of Welles and Co., and to the gene.
rous activity of those who became their securities to the Bank.
The 2,500,000 which this American house borrowed of the
Bank was reimbursed very soon after the loan. It must hair°
been peculiarly gratifying to our shareholders to know that,
without sacrificing their own interests, they had rendered a
great service to our manufacturing trade.
We may add, that the accumulation of specie in the coffers
of the Bank; to the mount of 250,000,000, of which it can;
not employ more than two-fiths in discounts, has been ascribed
in a measure to the situation of the Treasury, which has been,
long its creditor, and has at this moment a deposit 01
112,000,000. It is clear that when the Treasury calls into
activity this fund, and opportunities Is ill not be wanting, this
specie will find its way into the provinces.
After the official speech a shareholder, in a speech through
which the fear of a diminution of the profits was to be per-
ceived, suggested as a remedy the reduction to 3 per cent.
interest on advances on the public funds. This facility "sac
likely to cause such an accession of borrowers, even among
stockholders, that the latter would find in it something to con,"
pensate them and encourage them to the conversion, and the
Bank would derive from it great profits.
This speaker, carried on by his ardour, would not allow no
to imagine that he advocated a measure which would cause a
loss to the Bank of 600,000 f. Ile attacked the reduction by
arguments which more than once made the meeting laugh.
One might have imagined oneself for a moment in the Cham-
ber of Peers.
The meeting terminated by the re-election as Directors Of
Messrs. Moreau, Delessert, Hottinguer, and Pillet Will. We
sincerely wish the shareholders many such satisfactory mect-,
ings, and to the Bank as many opportunities of informing us 01
similar improvements in its administration.

In consequence of the inclemency of of the weather the
remainder of the 93d Regiment's service companies did
embark till Tuesday last. 23d ult., on board the Pique, frigate.
at Cork ; they muscred 350 effectives, commanded by Colonel
Macgregor. The last of the pasty, with light baggage, were
shipped by half-past 3, and at 5 o'clock Captain Boxer, R. N..
was ender sail far New Brunswick, with a stiff wind from the,
esstward.—Linierick Chronicle. not

T. COX SAVORY, Goldsmith, &c., 47, Corral.
London ( Seven Doors from Gracechureh-street ), informs the Public
that he has fitted up THREE SHOW ROOMS expressly for the
display of a large assortment. of superior SILVER-EDGED
PLATED GOODS. He offers them at those low but fixed prices.
which have been so successful in drawing public attention to the
WATCH, JEWELLERY, SILVER SPOON and FORK and
Silver branches of his trade. N.B. A pamphlet, containing a D'3"
tailed List of the Prices of Plate, Plated Goods, Watches, Clocks,
&c., may be had gratis, or will be forwarded in answer to a post—
paid application.

RIR TBS. -
On the 26th of January, the lady of Lieut. Really, IL N., Wey-
mouth, of a son.

On the 26th ult., at Canterbury-villa, Maida-vale, the lady of
J. Gordon, Esq. of Shortwood, St. Andrew's, Jarna'.ea, of a son-
On the 29th ult., the lady of the Rev. W. Deey, of Sydanhanv
grove, Norwood, of a son.

M. 4 11111E1),
On the 2911 i ult., at Hitehin, Edmund Lloyd 13aphawe, Esc,l7,'
of 17, Wilton-street, London, eighth son of the late Sir W. kl•
Bagshaive, of the Oakes, Derbyshire, and of Bath, to Anue
Alicia, eldest daughter of J. M. Pierson, Esq., of Hitchin, Herd

DIED.
On the 29th ult., John Edward, the infant son of Mr. W. r'
Eddison, of Walbrook.
On the 28th ult., aged 15, Frederick Parker, fourth son of WIT
Hawkins. Esc} , of Colchester.
On the kith ult., aged four years and four months, Thos. Jol'°'
vi.,",-nd son of T. \V. Morley, Esq., of New Cavendish-street,'
Portland-place.
On the 4-lih ult., at the Rectory House, Clavdon, Suffolk, Eli-
nor Soidda, daughter of ;he Rev. Richard Etough, D.D., Rector
of Claydon, and Vicar of Crouton Kerrial and Stonesby, Leices-
tershire.
On the 14th ult., at Paris, Thomas Barrington Tristram, Esq.
On the 2.fdth ult., at Shepherd's-bush, Susanna, wire of Willie us
Breton, Esq., of Mancetter, Warwickshire, aged 59.
On the 27th nit., at Penn, Bucks, Allen Fox, Esq., B. A., °f
Queen's College, Cambridge, aged 26.

London: Printed and Published by MURDO YOUNG, of N°:
119, Strand, at The Sun Office, No. 112, Strand, in the countY
cf Middiesez.—Fritlay, February 2, 1838.