The Sun.
London, England, 1847-09-16 00:00:00

embarrassments under which tie mercantile
world was then labouring. This should not he when
money was scarce ; ike everything else, it ought to
be dear, and the directors ought to have raised the
rate of interest in the month of January, before the
difficulties set in. When men were making
th,

_ ,eir fortunes they wi-led money to be cheap,
but when they had made their fortunes
they wished it to be dear, in order that they might
command more labour, and more of the comforts
of life. He thought that the board of directors ought
to be composed in part of those who bad made their
fortunes, and those who had not ; and he thought that
the office of Governor ought to be filled by a person
of responsibility and well-known talent not a
mere ephemeral person appointed for two years, but
appointed for at least four years, and eligible to re-
election at the expiration of that period. He had
not the slightest ill-feeling towards any of the
directors; on the contrary, he entertained a
high opinion of their ability and integrity.
It was the duty of the proprietors to endeavour to
prevent further disgrace falling upon the Bank, and
he wished to know whether the court of directors
would convene a special meeting at any time to con-
sider the present bye-laws regulating the election of
directors, governors, and deputy-governors, with a
view to their amendment.
The GOVERNOR thought that no good could result
from the appointment of such a meeting, and he
would say, for himself and brother directors, that he
was decidedly opposed to the appointment of any
such meeting for the consideration of the bye-laws
referred to. With respect to the charge of not rais-
ing the rate of interest, he wished it to be under-
stood, that in so doing the directors, whether they
acted rightly or not, suffered with the general body
of the mercantile world. Of course, if a re-
quisition to the directors, signed by nine persons
holding five hundred pounds stock, were presented
the directors would convene the meeting, but he
thought, before such requisition was sent, that the
better course would be to take the opinion of the
proprietors on the propriety of holding such meeting.
Mr. LEvir thought that the election of directors
and governors ought to be placed more effectually in
the hands of the proprietors. If such a course was
adopted he was sure that the best results would follow.
and that the greatest confidence would be ensured in the
direction of so great an establishment as the,Bank of
England. In stating this he was far from supposing
that gentlemen holding so high a position should do
so without emolument. He thought that they
should have salaries, and he would move a resolu-

tion to that effect at the next meeting of the pro-
prietors.
Sir P. LAURIE deprecated the proposition of the
Governor and Deputy-Governor being paid by sa-
laries.

After some discussion the subject dropped.
The GOVERNOR then informed the meeting that
the dividend warrants would be delivered and paid on
and after the 11th of October. _

..,
Mr. HENRY THOMPSON gave notice that at the next
half•yearly meeting of the proprietors he should pro-
pose that the salaries of the clerks on the establish-
ment should be paid without the deduction of in-
come-tax. _ _

The motion was unanimously agreed to.
Thanks were then unanimously carried to the
Governor and directors, and the Court broke up.

SPORTING INTELLIGENCE.
DONCASTER RACES.
DONCASTER, WEDNESDAY MORNING, NINE O'CLOCK.
The prices reported from the course shorted an im-
provement in Cossack and Foreclosure, and a slight de-
cline in Van Tromp, who was backed in the early part
of the day at 5 to 1, and was unquestionably second
favourite. The Subscription-room was thronged last
night until near one o'clock, and the betting, after
repeated fluctuations, closed as we have quoted below.
At one time 6 to 4 was laid on Cossack, and 5 to 1 taken
about Foreclosure; 8 to 1 offered at first agst Planet,
who was subsequently backed in several quarters at 7 to
1. Lord Egliaton's horses were steady, but only the
Dutchman backed; both will run, and " the best will
win." Mr. Pedley, it is understood, will declare to win
with Foreclosure. The Great Yorkshire Handicap
betting was almost nominal. Latest prices:—
ST. LEGER.
112 to 1 agst Eryx—taken
414 to agstst Philosopherswallwo
I 0 to agst
Black Dwarf is scratched.
IRE HANDICAP.
12 to 1 agst Tragical
12 to 1 agst Yardley
BY.
33 to 1 apt Backbiter
50 to 1 agst Loadstone—
taken

6 to 5 on Cossack

6 to 1 agst Van Tromp—t
11 to 2 agst Foreelosure—t I
7 to 1 apt Planet—taken
GREAT YORKSII
7 to 1 agst Palma—taken I
3 to 1 agbt Lothario

DER

12 to 1 agst Surplice
14 to 1 agst Springy Jack
25 to 1 agst Nil Dvsperan:
dum

`WEDNESDAY.

The Municipal Stakes of 200 sovs, each, h ft, for two
yrs old colts, Bst 71b ; and fillies, Bst 41b. Red
House in. (10 Subs.)
Mr. Mostyn's Surplice .. (Nat) 1
Sir R. W. Bulkeley's Miss Orbell 2
10 to lon Surplice. Won in a canter by two lengths.
The St. Leger Stakes of 50 sovs. each, h ft, for three yrs
old colts, Bst 71b; fillies, Bst 21b; the second to re-
ceive 300 sovs. out of the stakes, and the third 100.
St. Leger Course. (149 Subs.)
Lord EJuiton's Van Tromp
Mr. Pedley's Cossack
Lord Eglinton's Eryx

... (J. Alarson) 1
...(remplemAn) 2
... (Marlow) 3

The following also started, but were not placed:—
Mr. L. Fox's Philosopher ... (F. Butler) 0
Mr. Mostyn's Swallow... (Holmes) 0
Mr. Meeson's Jovial ... ...(Whitehouse) 0
Mr. Mostyn's Planet ... ... (Nat) 0
Mr. Pedley's Foreclosure (A. Day) 0
Betting-5 to 4on Cossack (t)-4 to 1 agst Van
Tromp-11 to 2 agst Foreclosure-7 to 1 ags Planet
(taken freely)-12 to 1 agst Eryx—and 25 to 1 agst
Philospher. Cossack took a clear lead at starting. with
Van Tromp and Eryx second and third, and Jovial
fourth. In this position they made running at a good
pace right into the distance, when Van Tromp went up,
caught, and headed Cossack at the stand ; a severe
struggle ensued, but Van Tromp won easily at last by
two lengths. Eryx a bad third.
The Selling Stakes of 10 soya. each, and 30 added. St.
Leger course. Winner to be sold for 2001., &c. (4
Subs.)
Mr. S. Ilawke's The New Era, 3 yrs (Prince) 1

Lord Chesterfield's Cherry, 3 yrs
Mr. Meiklam's Aristotle, aged 3
Even on Cherry, and sto 4 agst Aristotle. Won in
a canter, by three lengths.
The Produce Stakes of 100 sous. each, h ft, for 2 yrs
old; colts, Bst 71b; and fillies, Bst 51b. Red House
in. (9 Subs.)
Mr. Mostyn's Loadstore
Colonel Anson's Contessa. ••
6tol on Loadstone. Won by four lengths.
Her Majesty's Plate of 100 sous. Four miles.
Mr. J. Day's The Hero, 4 yrs, Bst 51b walked over,
The Corporation Plate of 601. Heats. Two miles.
Mr. Brookes's Luminous, 3 yrs, bat 71b (A lad) 1 1
Mr. Harrison's Lady Mallorie, 4 yrs, ist 9lb ... 3 2
Lord Chesterfield's Cherry, 4 yrs, 7st 91b 2 3

(Nat) 1
... 2

Won in a canter.
BETTING ON THE COURSE.
GREAT YORKSHIRE HANDICAP.-5 to 1 agst Palma,
9 to 1 agst Vanish, 9 to 1 agst Alliance, 9 to 1 apt
Sagacity, 10 to 1 agst Lothario, 10 to 1 agst Yardley,
10 to 1 agst Tragical.

THE CUP.
5 to 4 on The Hero.
Van Tromp and Eyrx are scratched.
SALE OF BLOOD STOCK BY MESSRS. TAT-
TERSALL.—YEARLINGS. Gns.
Guizot, by Bay Middleton, out of Guile ... 150
B f, by Bay Middleton, out of Vacuna 60
B f, by Bay Middleton, out of Eyebrow . . 20
Br f, own cister to Intrepid 76
B c, by Emilius, out of All-round-my Hat 70
Bf, by Coronation, out of Muliana ... 27
B c, by Bay Middleton (brother to King of Morven) 250
B c, by Coronation, out of Pussy ... . 155
Brood mare, Judy Callaghan, by Falcon, &c. ... 51

LAUNCH OF A STEAMEL-011 Tuesday afternoon
was launched from Messrs. Wigram's yard, at Black-
wall, a new steam-ship, the Scotia, built for the Chester
and Holyhead Railway Company. She is of 600 tons
burden, and is to have engines by Maudsley and Field,
of 400-horse power, being the largest amount of power,
in proportion to tonnage, of any vessel yet built. Her
lines were generally admired, and every confidence was
expressed by the builder and engineers, that " they abed
be able to get twenty miles an hour out of her," and that
she will make the passage between Holyhead and Kings-
town (63 miles) in ordinary weather in three hours and
a quarter, and tour hours in all weathers. Several of the
directors were present; among others, the chairman of
the directors, Mr. W. R. Collett, Mr. Thomas, the
deputy chairman, and Mr. Lambert. The Caradoc, one
of the Government boats, built for the express purpose
of performing the Post-office service between Holyhead
and Kingstown, by Mare and Co., with engines by Sea-
ward, 600 tons, 350-horse power, was tried on Monday;
she ran between Gravesend and the Nore, against tide,
at the rate of 151- miles an hour.
WESTMINSTER. HoseiTAL.--Yesterday a Quarterly
General Court of the Governors of the above Hospital
was held in the Board-room of the Institution, in the
Broad Sanctuary, Westminster Abbey; Thomas Aymot,
Esq., in the chair. The report stated, that during tho
past quarter 2,474 out-patients had been relieved, and
489 in-patients received. The total number admitted
and relieved since its foundation in 1719 have been near
340,000. Four of the wards, for want of funds, remain
untenanted. The common seal of the corporation was
affixed to a deed of gift from the trustees of a litho-
tropic fund, which has been some years in abeyance, but
now transferred to the Governors of this Hospital, for
the reception of which class of patients one or two of
the present untenanted wards will be opened. During
itlhaevepbaesetnthree
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:—Undercf
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will of
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Ann
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man.
TREATY lIETWEEPi RUSSIA AND THE Por
Allegetneine Freussische Zeitung, of the Bth inst., confirms
the report of the conclu6ion of a treaty between Russia
and tha Holy See. The Russian Plenipotentiary, M.
Von Bludow, having'aecomplished his has
returned to St. Petersburgh.