The Sun.
London, England, 1849-06-21 00:00:00

reb

LONDON, THURSDAY, JUNE 21, 1849.

So long as naval architecture continues to present
all the characteristics of a strictly experimental
science—so long as the public money continues to be
squandered in patching and cobbling our war-
steamers, and in razeing three-deckers into frigates—
so long will this useless, and profligate expenditure
by the Admiralty continue to be inveighed against
as baneful to the interests and ruinous to the cha-
racter of our great national profession. Time by
time the agitation against the prevailing extravagance
of the maritime authorities may appear to die away
from the exhaustion resulting from so many pro-
longed and ineffectual efforts at :improvement; but
the matter is certain before long to be revived
with more an more earnestness. Sometimes
the revival has been consequent upon the
arguments of the journalist; sometimes upon
the strictures of the pamphleteer ; and some-
times upon the remonstrances of some one or other
of our more independent class of naval officers. In
the present instance the people are indebted to
Admiral Sir CLIARLES NAPIER for the stimulus im-
parted to the question relating to naval reforms in
our steam war- ve,sels. Through the medium of the
letter addressed by that distinguished officer to Lord
irons RUSSELL another opportunity is afforded for
the discussion of a matter which we are by no means
-willing to overlook—a matter which to our compre-
hension appears to be intimately associated with the
present agitation for a judicious financial retrench-
went. We say this advisedly, for although the fol-
lowers of the lion. Gentleman, the Member for Mont-
rose, may be dispDsed to wince at anything like the
suggestion hinted at by the late commander of the
Channel squadron, to the effect that the 3,000 or 4,000
seamen recently discharged from the service should
be at once recalled, yet we are satisfied that in the
end, with the appointment of the proposed committee,
and with a careful revision of the absurd system so
Jong practised, of building ships without any unison
of plan among its different fabricators, the result
'foul! be manifest in a timely and wholesome
economy.

The attempt to quash the matter by vague con-
tradictions, seasoned with a little peppery derision
atnd personality, has been made over and over again
with miserably ill-success. We are conse-
quently amazed to observe that one of
our morning Contemporaries has seized this
old and 'blunted weapon with the intention of
overcoming the keen truths and solid arguments of
those who are clamorous for the reform of our naval
administration. The mere denial of the assertion of
such a man as Sir CHARLES NAPIER, that the French
steam navy is, in guns, if not in tonnage, superior to
the English—goes just exactly for nothing. Facts
must be adduced in proof before the national mind
can be satisfied to the contrary. Until this glaring
testimony is given the presumption of the generality
will inevitably and naturally be that an officer
of such eminent reputation as that acquired for
himself by Sir CHARLES NAPIER, would not
Advance statements so very positive without
possessing some substantial data, much less that he
would embody those statements rashly in a letter
addressed through the public journals to the Prime
Minister of the country. As to the insulting remarks,
remarks totally devoid of anything like even a pre-
tension to argument, with which the comments of our
ContenTrary are brought to a conclusion, one would
baieiLt Ihd that the achievements of the gallant
Infaiirrea't(:. would have afforded sufficient reason
for their nn‘publication. As it is, mere scurrilities
feud only to hire those by whom they may be em I

ployed—grains of &Ist so light that when flung up
by the hand, only fly back into the eyes of the assailant.
Upon this point, ho' vever, *public at large has not one
iota of interest. Entertaining but one opinion of the
character of Sir CHARLES NAPIER as a maritime
chief, the people, when endeavouring to form a cor-
rect estimate of the amount of consideration to which
he is entitled, look rather to the events and the deeds
which have illustrsted his professional career than to
the sneers of a cantankerous opponent.
There are but two things to be borne in recollec-
tion, and those two things in their way are certainly
conclusive and unanswerable. First, That while the
present arrangements for building war steamers entail
the necessity of an extraordinary and exorbitant expen-
diture, that expenditure is productive only of vessels
clumsy, inconvenient, and altogether ineffective, defi-
cient in stowage, low in the water, or slow in sailing,
besides being liable to a variety of terrible casualties,
such as that of heeling over on the first puff of a
storm, or that of being crippled by the destruction of
the engines on the first broadside discharged in an
engagement. Secondly, That these evils being the
result of the blemishes which are glaring on the very
face of the system—foremost amongst which ble-
mishes is the fact, that there is no immediate co-
operation or coincidence of opinion between the ship
builder and the engine builder—it is undeniable that
some instant improvement is urgently required of the
Government. Until these facts are clearly disproved, and
they certainly yet remain to be disproved—but one
deduction can be arrived at by any possibility. That
deduction is of course the necessity for a change, the
change being no partial change either, but a total and
definitive re-organization.

The more we weigh the merits of the different
propositions which have been made at intervals,
the more we are convinced that the appointment of
a Committee of Naval Officers and Engineers is, of
all means, the only one that can prove at once secure,
rapid, and effectual. After the investigation of the
wants of the service and of the difficulties which re-
main to be vanquished in naval architecture—it would
then remain with that professional and scientific, and
therefore competent, committee to decide upon the
advisability or non-advisability of the numerous
ulterior measures of improvement. Unlike the majo-
rity of critics upon the difficulties and dangers of any
existing system of administration, Sir CHARLES NA-
PIER does not by any means come forward destitute
of any project of amendment. His notions upon this
point are plainly and sequentially advanced. They
are these :

" Put the whole strength of your dockyards oa the
steam-vessels (such as they are) now on the stocks, and
get them ready for service. The Queen has been com-
missioned—man her and fit her out as fast as possible;
complete the crews of the Superb and Ganges; man the
Blenheim and Ajax screw steamers out of the Excellent;
fit out and arm your best steam-vessels ; and
do this at once before your sailors go to Den-
mark and Germany; let this squadron assemble
at Spithead. You will then be in a position to arbitrate
or remonstrate if you will. Watch well the progress
of events in the Mediterranean, and if any war take
place, order the fleet home for the protection of our
own shores. Parliament cannot object to this ; Mr.
Cobden could not object to it. It is a pre •
caution ; it will not be an expensive precaution. If
you do not want to press for money at present,
you may suspend works in progress in the dock-
yards that are not pressing. Search closely into all
your departments; ransack the dockyards, and you will
find the means of saving thousands and thousands of
pounds ; appoint a committee of experienced steam
officers to decide how your future steam-vessels shall be
built; give up cutting and carving and changing ships'
bows and sterns; give up converting good sailing ships
into bad steamers at an enormous expense ; and look
more strictly at the expense of your dockyards ; and
you will have no occasion to go to Parliament for more
money."
How far these various changes might be advanta-
geous would remain to be decided by the projected
committee. To that committee would be en-
trusted the responsibility not only of selecting
the best measures of innovation, but of guiding
the question cautiously between the opposite dangers,
of the ultra-Alarmists and of the ultra-Conservatives,
between the Scylla of over-anxiety, and the Cha-
rybdis of over-confidence. That mediation between
the disputants is now more than ever requisite, seeing
that to the pamphlet of the Prince DR JOINT ILLE and
to the letter of the Duke of WELLINGTON, has now
been added the communication addressed to the Prime
Minister by an eminent sea captain like Sir CHARLES
NAPIER. Further blinking of the matter is impos-
sible. The agitation must at length elicit a first con-
cession from the Government; and the acquisition of
a first concession is the insertion of the point of the
wedge that only requires to be driven home.

The assertion of the Hon. Member for Glasgow,

that the " Post-office is not a proper subject for
revenue," and that " its receipts should be expended
in increasing accommodation at home and abroad,"
has met with universal assent. In a commercial

country there is no object of greater importance than
that a safe and expeditious mode of communication
should be provided between the different localities.
" Time is money," and not a single hour should be
wasted which by any possibility could be saved.
Since the general construction of railways, and the
great improvements in steam machinery that have
lately been effected, many opportunities exist for
affording increased facilities for the transmission of

correspondence that were formerly unknown. Wha

cost our fathers days to accomplish may now be per•
formed within almost as many hours, and the most
beneficial effects have resulted from the change.

Still, we regret to say that many facilities are

neglected that might easily be made available, and
that in several instances much valuable

time is lost that might be economised. 'We believe
that the Post-office authorities are anxious to provide
the best possible accommodation for the public, but
there is unfortunately a controlling power that
neutralises their best efforts, in order to effect some
paltry saving. The mere question of" profit or loss"
on a transaction should not alone be taken into con-
sideration. The rapidity and certainty of postal
communications is of paramount importance, and
should never be lost sight of for a single moment.
There is, perhaps, little to be complained of
in the arrangements for these internal communica-

tions in England and Scotland; but we regret to say
that the intercourse with many parts of Ireland, and
with the western hemisphere, does not receive the at-
tention which its importance so imperatively demands.
No attempt has yet been made to establish a packet
station on the west coast of Ireland, by which no less
than three or four days might be saved in the trans-
mission of letters and dispatches from this country to

the United States and to the British trans-Atlantic
possessions. The mails are still carried round one of
the most dangerous coasts in the world, by which

they are subjected not only to great delay, but very
considerable risk is also incurred. Life and pro-
perty are wantonly and unnecessarily exposed in
order to avoid, or rather to postpone, a moderate ex-
penditure, that would speedily be repaid in the in-
creased revenues
independentthatrevenues o
wofuldthbee oibetoaailneeudlehfrleom
ad-
vantages vantages to be
derived from the more speedy
communications I,t. eu
new world. What enormous
expenditurehe old and the
saved to the country from the
early .la
tel. has been
gence of
the Indian victories! What mighty preparations
which would have been wholly unnecessary wer.
' avoided ! But, unfortunately no Western WAG.
HORN has forced the attention of the Government to
neglected and misapplied opportunities, and yet they
are patent to all, requiring no extraordinary skill to
develop or to understand.
The communications with the Irish metropolis
have been materially accelerated of late years, and
a further improvement will take place on the com-
pletion of the gigantic work now in progress, the last
link of which, the passage across the .Menai Straits,
will speedily be added. It is, however, contemplated
to deprive the north of the benefit of a separate estab-
lishment by the abandonment of the existing mail
communication between Port Patrick and Do-
naghadee.

No point is perhaps better established than
that the shortest sea passage possible should be
resorted to, even though the land journey should be
more than proportionately increased. The latter is
not subjected to the innumerable casualties to which
the former is exposed, and a very small margin will
be sufficient to allow for any probable contingency.
A greater degree of certainty is therefore attained,
an element in the calculation of even more vital im-
portance than a greater degree of general speed, if
liable to frequent fluctuations. Now the passage from
Portpatrick to Donaghadee is by far the shortest

between the two countries. It is less than 20 miles
from harbour to harbour, and the distance could
be performed with the greatest ease in an hour and
twenty minutes by steamers of ordinary capabilities,
such as those plying betwee❑ Folkstone and Bou-
logne, or between Holyhead and Kingstown. Even
with the very inferior class of packets at present
employed in the service, which have been well de-
scribed as " Lilliputian craft, with engines of 25-
horse power, which creep along at a rate of six
miles an hour," the average time consumed in the
passage does not exceed two hours and a half, a pe-
riod that might be reduced by one-half. But it is not
only the shortest, but by far the safest mode
of communication between the countries. No case
has yet occurred of the loss of a vessel engaged in the
service, and in this respect it stands alone. No
other instance can be cited of similar immunity from
the ordinary maritime risks, an uncertainty which
can only be accounted for by the shortness of the
distance and the total absence of all hidden dangers.
It is also by far the cheapest of any of the packet
stations, so that every consideration of speed, of
safety, and economy, combine to render its mainte-
nance a wise and prudent measure.

Unfortunately, however, an offer has recently been
made by a company to carry the mails from Greenock
to Belfast, and vice versa, either for nothing, or for
the merely nominal sum of 301. per annum, being
about 10d. for each voyage of ninety miles !! This
proposition, however, is merely for a single year; and
if the Post-office, acting thereon, should break up the
establishment at Portpatrick and Donaghadee, it is
obvious that at the end of the term a vastly increased
expense must be encountered, either in giving
a fair remuneration for the increased distance
to be traversed, or in re•establishing the
former stations, which would cost far more than the
saving to be effected from breaking them up for a
brief time. It is impossible to suppose that a public
company will continue to work gratuitously or for a
mere illusory payment. It will be found better
economy to pay all contractors the fair value of their
services, which will then be well and fairly performed;
otherwise, we cannot justly complain if defects should
exist that might be far more injurious to the public
than the paltry saving that might be effected.
A numerous and influential deputation, consisting
of many noblemen and gentlemen from the province
of Ulster, on Saturday waited on the Premier, to
urge a further consideration of this important sub-
ject before the contemplated arrangement should be
fully carried out. The clear and satisfactory argu-
ments brought forward on the occasion appeared to
have had much effect upon the Premier, who pro-
mised that nothing should be done until the question
had received mature and attentive consideration. The
Marquis of LONDONDERRY has also given notice that
on Monday he will bring the point under the notice
of the House of Lords. We trust, therefore, that
wise and politic counsel will ultimately prevail, and
that Government will not in this instance act on the
" penny wise and pound foolish" system, which,
whatever may be its temporary advantages, has
ever proved the most costly and expensive in the
long run.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
In the debate on the Bill for suppressing the
clubs on the preceding day, M. ESTANCELIN, a young
Member of the Legitamist majority, unwittingly be-
trayed the arriere peraie of the DE FALLoux Go-
vernment, and by so doing afforded a proof of the
truth of the accusations which have been brought
against it.
" There is more danger for France," said this scion
of the parti pretre " from the entrance of Revolution-
aries, than from the invasion of foreign armies." The
utterance of this sentiment, on the anniversary of
the battle of Waterloo, by a representative of
the party which has three times, since 1789, ap-
pealed to the assistance of foreign armies, which
have three times desecrated the soil of France,
created the greatest tumult in the Chamber. This
etourderie was too much for M. Duro-, the Presi-
dent, who loudly called M. ESTANCELIN to order.
That gentleman in vain endeavoured to make some
sort of explanation, he floundered and floundered,
and at length left the tribune ; and the National
prints his words in large type, as the beading to its first
leader. In these days, when the Republican papers
are not permitted to utter their sentiments, it would
be well that they should adopt this sentence uttered
by one of the majority, as a standing motto, and con-
tinue it so long as the Republic shall remain in
danger.
1 he Prsue has the following on this subject :

"This was a sad sitting. If we had retained a last 1,
lusion this sitting would have destroyed it. The 13 th of
June, which might have been a victory over insurrection,
will only be the triumph of repression. To repress is
not to govern. We will not attack the majority. M.
Odilon Barrot has forbidden this. But it must permit us
a few words, to which the death of Marshal Bugeaud
gives a solemn and almost prophetic sense—• Majorities
are bound to exhibit more moderation than minorities?' "
The representatives met on Tuesday in their
bureaux, to nominate a Committee on the Bill re-
lating to the school of administration. The new
measure brought forward by M. DE FALLOUX, the
Minister of Public Instruction, substitutes for the
plan brought forward by M. CARNOT, the creation of
an administrative chair in all the faculties. This
plan was in general approved of in the bureaux, some
Members, however, maintaining that even the chairs
thus intended were scarcely called for by a well-
authenticated necessity. The Members named to
the Committee are in favour of the Bill. The repre-
sentatives also examined the Bill tending to abrogate
Art. 67 of the law, relating to the National Guard, with
respect to the point of the double command. The
discussion was animated only in the 2d, where M.
OSCAR LAVAYETTE, GASC, and TROMINE-DES-
?LAMES opposed the suppression of the article, con-
sidering it, they declared, as one of those columns of
public liberty which it would be dangerous to meddle
with. M. LECOMTE, on the other hand, maintained
that the proposed alteration was indispensable for the
preservation of public tranquillity ; and quoted the
opinion of Marshal BUGEAUD, who had declared that
he could not comprehend how the command of the
armed force required to preserve order in Paris, and
thereby in a great measure throughout France, could
be distributed amongst several hands. The Com-
mittee which has been named is favourable to
the Bill.

The Monitesr contains a long report, dated June
16, from General CLIANGARNIER to the Minister of
War, giving a detailed account of the events of June
13. The matters mentioned in it have been already
published under various forms.
The M.niteur contains a circular from M. LA-
CROSSE, Minister of Public Works, to the engineers
of the Ponts.et-Chaussees and mines, recommending
them to give their most active co operation to the
authorities should any disorder .break out in the
neighbourhood near which they may be stationed.
All the men under their orders are at once to lend
assistance in the cause of public tranquillity, and, on
the re-establishment of order, the engineers are to
send in to the Minister a detailed account of the con-
duct of each man under him.

The political meeting of representatives, until
lately presided over by, M. Dufaure, has now taken
the name of Cercle Constitutionnel. It held a sitting
yesterday in the Place Vendome, and proceeded to
its definitive organisation. General de Lamoriciere
was appointed President; General Bedeau, M. G. de
Beaumont, and M. Paillet, Vice-Presidents; and M.
Oscar de Lafayette and M. Peupin, Secretaries.
This body has decided to give its support to the pre-
sent Ministry.
The Committee charged to present a list of candi-
prdlt_isaeentytephnsemasetiof?,t,vi‘eitelh.ecrendtieneCdhoacuocnnnfinAitlhedoreafimnpltDayptiaoeruusrsihsaelocarsutiasdjLei.tojegsnrmt:imibeinunr7etd,adnjetdo:
signeted by lot to go out.
been rumoured that MiLlEnnu
Gazette des Trib
found
dthean
asyluma ace of
The
hs since cbea
dt the
therelathfniun linallaßo3a2l:—ha"dlbteehnayseinegn
in an apartment occu-
piedthe Louvre, and that
five o'clock yesterday
matobalillethaenidssuaes
to a late
by one of the emplois, at
from the
frnumber of
saeergemenpsrdye.voicigeewnedraermplearcieed
palace, and a perquisition was made • but up
hGur it had produced no result." On' the other hand,
the Feuille d'Ostende says :—" It is positive that M.
LEDRII RoLuN was on Friday night at Ostend. He
supped at the Hotel de la Cour Imperiale, and left
the same night for England. He was provided with
a passport
General DONNADIEII, formerly a deputy, died on
Monday, at Courbevoie, of cholera.
The Count LA LIEBE, formerly director of the
parks and gardens of the Crown, died two days ago
at his retreat of Etangs-Gobert, near Versailles.
The Emperor NAPOLEON, with whom he was a
fellow-student at 13rienne, held him in great esteem
and affection. He was the author of the Pomone
Francais, and several other valuable works on hor-
ticulture.
M. GIOBEETI, who some time ago sent in his re-
signation as Sardinian Minister at Paris, has re-
ceived his letters of recal, and yesterday presented
them to the PRESIDENT of the Republic. Marquis
ESIMANTJEL D'AZEOLIO succeeds him in the quality of
Charge d'Affaires.
Colonel Fiteroui, agent of the Roman Republic

at Paris, has addressed a letter to the Presse, in which
he formally denies the truth of a statement in one of
the journals, that he had written to MAZZINI, " that
in consequence of the defeat of the Montagnard party
he ought to come to an arrangement and submit."
lie intimates that he should consider such counsel
an act of baseness, and he adds that the Roman peo-
ple are not the allies of any party— that they defend
their rights, hearths, and property, and will continue
to do so whatever may happen.
Madame CAVAIGNAC, the mother of the General,
died last night of cholera. She was of advanced age,
and was the widow of the celebrated Conventionist of
that name.

M. THEODORE BAC, representative of the Moun-
tain, has been seriously ill for some few days back.
Accounts have been received from Rome to the
14th.

The following letter from Rome is published in the
Nouvelliste, of Marseilles :
" Head-quarters, Villa Santucci, Jane 14.
"My letter of the 10th would have announced to
you the opening of the trenches. Since that day our
progress, though not very sensible to the eyes of men
who have not studied the art of besieging, has neverthe-
less been immense. By the second night the first paral-
lel, as you are aware, opened as if by miracle, at the
distance of only 300 metres from the place, had attained
the size ascribed by rule. The third night was conse-
crated to the opening of the covered ways, which give
the means of communication, and allow us to arrive in
the trenches without being exposed to the grape with
which the enemy has not ceased to cover us since he has
discovered the head of our sapping operations.
" Two batteries have been established behind the first
parallel ; these enabled us, on the following night, to
advance in the zig zags, and always sheltered by the
ditches, to the two bastions which form the point of at-
tack. A place d'armes has been marked out, and has
rendered it practicable for us to establish new pieces for
the battering of the walls. In short, at the moment
when I write to you, five batteries have been installed,
and have already destroyed the parapet and all the
upper part of the wall of the place. The battery of mor-
tars especially produced the most remarkable effect.
Yesterday, an embrasure having been destroyed by our
shells, the Romans presented themselves in great num-
bers for the purpose of repairing it. A bomb fell in the
midst of them, and since that instant not a single at-
tempt has been made to resume any such labour.
" The two most advanced batteries are now brought
within the distance of about 80 metres from the walls;
we shall soon be within 40 metres, and we can then open
a breach practicable for horse. foot, and artillery. Our
losses to the present day are insignificant. Seven or
eight men have been killed in the ditch, and about forty

have been wounded; among the latter are four officers.
" While our labourers in the infantry were thus labo-
riously approaching the walls of the piece, the General••
in-Chief, who had previously ordered an exact exami-
nation of the localities, gave the orders to A. Castelnau,
captain of the Staff, to destroy the foundery of projec-
tiles at Porto d'Anza. That officer, who had already
been charged with the occupation of Fiumcino, acquitted
himself of this new mission with his accustomed zeal.
By his orders three cannon have been spiked, more than
800 projectiles, 1,200 kilogrammes of powder, and two
boxes of cartridges, have been carried away and trans-
ported to Civita Vecchia. In short, the foundry has
been rendered unfit for use for several months to come.
On this, as on every other occasion, the marine lent our
land troops a useful and powerful assistance. I subjoin
the order of the day which General Oudinot addressed
yesterday to the army:—

" ' ORDER OF THE DAY.
" 6 Villa Santucci, June 13.

" Soldiers—Yesterday you bravery and perseverance
enabled us to establish our batteries at within 100 metres
of the ramparts of Rome. Before directly attacking the
place, I have made the following notification.
" Inhabitants of Rome—We did not come here to
bring war among you : we came to strengthen order
and liberty. The intentions of our Government have
been misunderstood. The operations of the siege have
brought us before your ramparts. Until now we have
not wished, excepting at rare intervals, to reply to the
fire of your batteries. We now have arrived at the
moment when the necessities of the war burst forth in
terrible calamities. Spare these calamities to a city
filled with so many glorious recollections. If you persist
in repulsing us, on you alone will rest the responsibility
of irreparable disasters.'
" This appeal to conciliation bas not reached those to
whom it was addressed. The Government which op-
presses the inhabitants of Rome have replied to these
words of peace by a refusal to listen to words imprinted
with so much moderation. Soldiers, few hours have
passed since your batteries have made the enemy's
batteries suffer the most notable damage. Since you
are constrained to besiege Rome, we shall accomplish
our duty to its full extent, and our success cannot be for
one single instant doubtful. France has her eyes upon
us. You will justify her expectations. In testimony of
his satisfaction, the General-in-Chief dispenses with all
the slight punishments inflicted in the army since the
battle of the 31 of June.'
" General Oudinot has addressed the following letter
to the President of the National Assembly

" Head-quarters, Villa Pamphili, June 12.
1849, Five o'clock P.N.
" The events of the war have, as you know, brought
the French army to the gates of Rome. In the event of
the gates of the city continuing to be closed against us,
I shall be constrained, in order to penetrate into it, to
employ immediately the means of action which France
has placed at my disposition. Before having recourse
to this terrible necessity, I regard it as a duty to make
a last appeal to the population, who cannot have any
hostile feeling to France.
" The National Assembly, like myself, is no doubt
anxious to avoid drawing sanguinary calamities on the
capital of the Christian world. In this conviction, I beg
of you, M. President, to have the goodness to give the
enclosed proclamation the most prompt publicity. If,
twelve hours after the reception of this dispatch, a reply
in conformity with the intentions and honour of France
does not reach me, I shall regard myself as con-
strained to attack the place with main force. Receive,
M. le President, the assurance of my very distinguished
consideration.

(Signed) " ' OUDINOT DE REGGIO, the General-in-
Chief of the French Expedition.'
" The Triumvirate remains deaf to all the propositions
which have been made to it.

" Civita Vecchia, June 15.
P.S.—Garibaldi has made a sortie with 1,400 men,
who have been annihilated. The French army is fight-
ing with unparalleled vigour. The breach is opened,
and at the present moment, perhaps, the assault is
going on."
PARIS BOURSE—WEDNESDAY, JUNE 20.
THREE O'CLOCK.—The market was firm, and at ono
period of the day manifested a decided tendency to ad-
vance. Towards two o'clock a slight reaction set in,
and prices closed at about the quotations of the day be-
fore. The Five per Cents., after going up to 87f. 95c.,
closed at 871. 50c.; and the Threes, after being done at
54f. 50c., closed at 54f. 40c. Roman closed at 751., or
V. lower than the day before. Bank of France Shares
closed at 2,390 f., being 10f. higher, Railway Shares
were not much negotiated, and present but little variation
in prices. Exchange on London (30 days), 25 40; ditto
(90 days), 25 30.
dUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE. JUNE 20.
Boulogne and Amiens, 71-Xi—Central of France (Orleans and
Vierzon), 12%—Northern of France, 101,i—Paris and Or-
leans, 301/2—Paris) and Rouen, 21%—Rouen and Havre,
1014—Sambre and Meuse, 3%—Tours and Nantes, 31.