The Sun.
London, England, 1847-03-18 00:00:00

Lil4POl4) THURSDAY_ EVE NI N y MARCR 18,

imposts formerly levied upon raw cotton, amounting an-
nually to 700,0001., by the abolition of the duties upon
wool, by the permanent establishment of free trade.
In gratitude, if not in mere fairness—as the barter-
ing of one advantage for another—he would require
those sacrifices from the manufacturers. But Lord
Joux RUSSELL assumed a loftier ground ; he utterly
denied that sacrifices of any description would
result from the operation of the scheme then
under consideration ; or, if any sacrifice were
inevitable, it would be a sacrifice from
the operatives themselves. The previous ex-
penses of that department of commerce would remain
altogether unaffected, and the only difference conse-
quent upon the new arrangement would be fair ten
or eleven hours' wages for.ten or eleven hours' work,
instead of as heretofore, twelve hours' wages for
twelve hours' work. That would necessarily be the only
difference in the disbursements of the manufacturers.
Providing, again, it be remonstrated that it appears
a cruelty instead of a kindness to compel the female
and infant labourers to receive a lesser amount of
payment for a larger amount of leisure, the Premier
justly observed that the working classes themselves
" are willing to run the risk l" That is conclusive
logic. In considering the immediate effect which
would be consequent upon this enactment, Lord Jouri
calculated that there might reasonably be a lesser
wear and tear of the machinery, and a lesser con-
sumption of oil, coal, tallow, and other articles in the
factories, from the smaller amount of the time occupied
in work. With all deference, we conceive that the
Noble Lord's calculation was nullified by a subsequent
estimate in his speech, for supposing that the operativ( a
are employed more continuously and uninterruptedly
throughout the twelvemonth—that they are em-
ployed on the average ten hours per diem from the
Ist of January to the 31st of December, instead of
being doomed, as under the existing system, to inter-
mittent paroxysms of drudgery and idleness, toiling
one week twelve hours per diem, and another aban-
doned to the Mother of Sin and the beer shop by the
total stoppage of the mills—supposing this salutary
change be accomplished by Mr. FIELDEN'S measure
(as it will inevitably be accomplished), the amount of
labour on the termination of the year will be the
same, the wear and tear of the machinery will be the
same, the consumption of oil, coal, tallow, gas,
and other articles required in the factories
will be so far equivalent to the former ex-
penditure, as to present no perceptible difference.
We cannot perceive, indeed, in this great scheme of
Charity, indications of anything calculated to be in-
jurious either to the manufacturers or to the opera-
tives; we cannot but believe that it must, in the
" long run," be mutually advantageous, while, at the
same time, it will purge the land of an incalculable
wickedness and effectually counteract a social poison.

Notwithstanding the impressive warnings that have
so constantly been given, both in and out of the
Legislature, the same unaccountable apathy appears
to continue in Ireland as to the preparation
of the soil for the ensuing harvest. The fields
still remain uncultivated ; the occupations of
husbandry are almost wholly suspended, while time
that cannot be recalled—every moment of which is
now of the greatest importance—is passing away.
It cannot be that labourers are not to
be procured. Although 708,000 are at this
moment actually engaged on the public works,
they have only been so occupied because they were
unable to obtain adequate employment for the sup-
port of their families from private sources—and a
full opportunity has been afforded to every indivi-
dual requiring men for the cultivation of his land to
obtain them, on making application for that purpose
to the superintendents of the works, who would,
thereupon, assign a sufficient number, and if
the persons specified refused to work in
the manner indicated, they would forthwith
be discharged from the public works, and com-
pelled to find employment as they best could from
private sources. It is puerile, therefore, to say that
a sufficiency of labour could not be obtained. We
fear that the true cause for this culpable negligence
is, the idea that has unfortunately been too prevalent,
that the Government would not only supply seed
sufficient for the lands, but that they would
also send the labourers from the public works
on the lands of the small proprietors and tenant-
farmers, and that thus they would be brought into
tillage without either trouble or expense to the occu-
pants. There was nothing of greater consequence
than that their minds should be disabused of this
impression, that they should know the full extent of
the assistance that can be afforded to them by any
possibility. The manly and decided manner in which
the Premier spoke out during the past week, in which
he so positively stated that nothing would be done by
the Government for the cultivation of the soil,
must have this effect when it has been
generally known throughout the country. The
landlords are now fully warned : they know what
must await them if there is a perseverance in the
grievous error. The withdrawal or diminution of
the potato crop will occasion a necessity for a con-
siderable increase in the quantity of grain, and yet
there will be a lamentable deficiency on the average
of ordinary years. Let not the proprietors suppose
that England would again step forward as
she has done on the present occasion. Of
course she would not, under any circum-
stances, suffer the people, whatever might be
their faults, to perish by wholesale. They should be
relieved, but the cost of that relief would be levied
from the properties of those by whose default it was
rendered necessary. An efficient poor-law will be in
force ; let them beware how they multiply the claim-
ants on the fund. Able-bodied labourers will be en-
titled to out-door relief, and must be provided fur,
either in industry or idleness, and the employ-
ment which is now optional will in a brief
period become compulsory. What might fairly
be regarded as a national calamity, when
occasioned by the visitation of PROVIDENCE, will
be looked on in a very different light, when its origins
may be traced to the negligence of a particular class.
And this country would no longer sanction the appli-
cation of its finances (the amount of the taxation
levied on the industry of its artizans as a relief fund)
until the entire means of the defaulters were ex-
hausted.

We do not offer these observations from any feel-
ing of hostility to the Irish landlords, but as a means
of awakening them from their trance before it is
too late. It is not to reproach them for the errors
or mistakes of former times or bygone years, or to
create a public feeling against them, but because
there is as yet the opportunity of retrieving their
position. The golden moment has not yet gone by.
" There is a light cloud on the moon,
'Tis passing, and will pass full soon ;"
and if that period be taken due advantage of, all will
yet be well; otherwise, we shudder at the contem-
plation of the misery and suffering that must
be the result. The landlords are placed
in the vanguard, they must sustain tile first
brunt of the encounter, but all other classes
in Ireland are deeply interested in averting 30
fearful a calamity. The Roman Catholic clergy pos-
sess extraordinary power and influence over the minds
of the people. Surely there never was a time when
that influence could be more legitimately exercised.
If the proprietors set their own shoulders to the
wheel, and are aided by the clergy in their several
districts, there will he little danger. The relief com-
mittees also should exert themselves. Twenty per
cent. of the labourers will he discharged
from the public works on Saturday next ;
a new sphere of employment should be pro•
vided, and what could be more proper than
that which will provide for the maintenance of
the people during the coming year? However be-
neficial the measures may be which tend to the ulti-
mate regeneration of Ireland, the present one is of
paramount importance, and cannot with impunity
be further postponed or delayed.

Under the head of Naval Intelligence from Ports-
mouth the following paragraph was published in a
morning paper of yesterday :

" Preparation was n ade this morning fur inflicting the
punishment awarded by the court-martial upon John Savage,
A. 8., deserter from the St. Vincent, but an Admiralty order
came to hand just in time to stop that portion of the sen-
tence from being inflicted. The imprisonment and forfeit of
all pay will be put in force at once."

The circumstances of the trial were these :—The
prisoner, an able seaman of her MAJESTY'S ship St.
Vincent, was absent from his duty on the 6th inst. ;
the same morning he was found concealed on board

a schooner lying in Portsmouth harbour. Charged as
a deserter before a court-martial, which assembled last
week to try him, the prisoner made no defence.
He received, however, a good character from Captain
MILNE and the master-at•arms of the St. Vincent.
The Court passed the following sentence :—" The
prisoner to melee fifty lashes on his bare back with a
cat-o'-nine tails on board the St. Vincent ; to forfeit
all pay due for his services; and to be imprisoned in
Winchester gaol for twelve calendar months with hard
labour." We rejoice that the Admiralty saved the man
from corporal infliction. We hail this fact as a guarantee
that, when Admiral DUNDAS and his official colleagues
wisely admonished the House of Commons, during
the debate which ensued on Mr. HUME's motion for
returns of corporal punishment on board her MA-
JESTY'S ships, not to suffer officers to be influenced,
in punishing or pardoning offences, by the fear of
annual lists being laid upon the tables of the Legis-
lature; but, on the contrary, to give them distinctly
to understand that, for the proper discharge
of their duties, they were alone amenable to
the Board of Admiralty—they were intent,
as far as in them lay, on consulting the feelings
of the public, consistently with the mainte-
nance of discipline in the service. We have, in the
case before us at once an earnest of their sincerity
and humanity. Next to the desirableness or abolish•
ing the cat-o'-nine tails, so soon as we shall have
succeeded, by improved methods of organization, in
manning our ships with a superior class of men, is
that of a just discrimination in the use of this instru-
ment of torture and degradation. We certainly
do not desire to reflect upon the officers forming the
court-martial which decided upon the above sentence.
There were amongst them men of ability, experience,
and distinction in the service ; and we are not of
those who, when men have performed a painful duty
to the best of their judgment, and because their sen-
tence does not happen to accord with our own
views, rush to the conclusion that they
are less benevolent than other people. But
we consider they would have exercised a sounder
discretion had they confined their sentence within
the limits to which it has been reduced by the Ad-
miralty. Desertion is a serious offence, but it may
become much aggravated according to circumstances.
If the offence were largely on the increase, presenting
difficulties in the way of keeping up the requisite
complements of men—if it were committed on
foreign stations, or in periods of actual war, in such
cases, so long as the power of corporal infliction
remains vested in the officers, it might be exercised in
the least objectionable manner ; but we hold that,
if at all, the lash should be reserved for the worst of
criminals. Amongst this class the able seaman in
question could not be classed ; for both his captain
and the master-at-arms commended his character.
The sentence he will undergo .is sufficiently severe
for his offence, which he committed in a harbour
where there could, or ought to, be no difficulty in
supplying his place on board the St. Vincent. We
highly approve of the course pursued by the Admi-
ralty, and we hope that the sound discrimination
which they herein evinced will not be without its
due effect upon all future courts-martial.

A letter from Cairo, of the 16th ult., states that
the corn crops of Egypt for the present year are of
the most promising appearance. In some parts of
Lower Egypt the ear is beginning to form, and the
harvest will be got in by the end of the next month.
Of the last year's harvest there still remains in Egypt
about 600,000 ardebs (1,032,000 hectolitres) of corn
of every species fit for exportation, which makes the
total amount of grain for this purpose, from the

harvest of 1846, 1,200,000 ardgbs. A great number
of vessels had la fin the port of Alex-
andria, and among thru, teventeen or eighteen
French, taking in cargoes fc!igarseilles. The charge
for freight had fallen. .

__: `~a

We have received a letter from Pisa, of the 7th, in
which it is stated that a political demonstration took
place in that town on the occasion of the arrival of
the Archduke FERDINAND of Este, brother of the
Emperor of AUSTRIA, who, during the events of
G:allicia last year was civil and military governor of
that province. In the course of the day numerous
groups assembled before the palace which he inhabits,
in order to give him a charivari at the moment of his
appearance in public. The authorities called out the
gendarmerie and dispersed the crowd. But at mid-
night a loud detonation was heard, which caused a
great sensation in the town. The people had succeeded
in placing a petard under the very roof of the palace,
and had set tire to it. The commotion caused by the
explosion was very great, and broke the windows of
the palace and the neighbouring houses. Great agi-
tation prevails at Pisa. Every day writings contain-
ing allusions
aurseio stuck up in gross invectives against the Aus-
triansthe streets. The police is on
the look out for the guilty parties, and it is stated
nsa and
that it has already made some arrests. The Grand
Duke of TUSCANY has just decided that the regular
army shall be increased.
A letter from Nice states that great agitation pre-
vails amongst the peasantry of Lombardy_ owing to
the dearness of provisions, and that disturbances
were apprehended. Two regiments had arrived in
the neighbourhood of Milan, and others were on their
march.

Madrid papers of the 11th have arrived.
In answer to questions put to them in the Cortes,
the Ministers declared that, notwithstanding the high
price of provisions and the scarcity of corn, they
could not take upon themselves to prohibit the ex-
portation of grain. The fact is, that immense ex-
portations of grain have recently taken place from
Santander to France, and as MUNOZ, CHRISTINA'S
husband, is, it is said, engaged in the speculation, of
course no attempt will be made to prevent this ex-
portation.
The Political Chief of Saragossa has been removed.
The Eco dcl Comercio states that the accounts
relative to the Carlist movements are becoming every
day more alarming. It was said that many workmen
ohfadAliemftanßzear,
Bergs join the movement. In the town
provincet of Soria, on the 7th bands of
Carlists paraded the streets in defiance of the authorities.
The Marchioness of LOULE has left Madrid for
Portugal.
MADRID BOLSA, MARCH 11.—Tbe Three per Cents.
were done at 30-i for cash ; the Five per Cents. at
19-1-; the Debt, without interest, at 54 ; and the
Coupons at 17.

We have received the Paris papers of Tuesday.

The .illoniteur contains a ro;alordonnance, grant-
ing an extraordinary credit of four millions of francs
to the Minister of the Interior, for advances in aid of
public works in the communes.
The Education Bill, which was to have been pre-
sented to the Chambers on Monday, has been post-
poned for a month. There has been a large export
of specie during last week for corn payments ; yet,
notwithstanding the continued import of grain, the
price continues to rise. In the Paris Halle, on Mon-
day, there was a further rise on wheat of 31. 2.0 c. the
100 kilogrammes.

It is said that M. Guizor is by no means pleased
with the last dispatches received from Constantinople.
The French Ambassador stands alone there in his
support of COLETTI, the Greek Minister, and is com-
pletely isolated, as the representatives of England,
Austria, and Russia, afford an united and powerful
support to the SULTA2i. France, however, it would
seem, has an eye to territorial acquisition in the
Meditterranean at the expense of Turkey—she is
desirous of possessing Tunis.
A letter from Toulon of the 12th says—
" The Prince de Juinville was expected here on the eren-
isg of the 10th, and the troops of the garrison had received
orders to be ready to receive him, but intelligence soon
arrived that his iloyal Highness bad stopped at Alarseilles,
and a
that he intended entering Toulon incognito. The
Prince arrived here N'esterdav at late hour, and after stop-
ping for a few minutes at the hotel of the maritime prefect,
went on board the Souverain, in which he intends hoisting
his flag. To-tlay the Prince went to pay a visit to the In-
fante Don Henry, at the hotel of the Croix i'Or. The four
vessels under the orders of the Prince have taken in their pro-
visions, and have received orders to be ready to weigh
anchor at a moment's notice. It is believed that they are
to proceed to Tunis, but nothing is as yet known witii cer-
tainty. 71' he squadron, which at present consists of the Sou-
verain (three-decker), the Ocean (three-decker), the Inflex-
ible, of 9(1 guns, and the Jupiter, of 80, is expected to leave
the port before the 2001. The Friedland (three-decker) and
the Jeria, 90 guns, have also been ordered round from Brest.
The day before yesterday Don Henry
gave a grand dinner,
to which the chief maritime, municipal, and military au- ,
thorities were invited."

The Phare de Bayonne has a paragraph which
states that Spain has given leave to the French Go-
vernment to establish coal depots and military hos-

pitsls at Port Mahon. This announcement is not
credited in Paris, but it is no doubt put forward as
a feeler.

Accounts from Algiers state that Mari BUGEAUD
is confined to his bed by illness.

Serious food riots have occurred in the Western
Departments.
Several regiments have been ordered to march to
the frontiers of Spain, to be ready in the event of a
Carlist outbreak.
The Three per Cents. closed at 77f. 70c.; the Five per
Cents., 115 f. 45c.; the Orleans Railroad Shares, 1,252 t. 50c. ;
Rouen, 8461. 25c. ; Havre, 6661. 25c. • Great Northern, 605 E;
Avignon, 785 f. ; Vierzon, 557 E 50c. ; Bordeaux, 505 E ;
Troyes and Montereau, 295 f. ; Basle, 201 f. 25c. ; Dieppe,
3301 ; Paris and Strasburg, 442 f. 50c. ; Nantes, 4361. 25c. ;
Paris and Lyons, 455 f ; Lyons and: Avignon, 460 f. ; Cette,
4501.; Spanish Three per Cents., 31%.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE

LONDON STOCK EXCIIANtIE,3iARCU 17.

Central of France (Orleans and Vlerzoil), 14% Great Indian
Peninsular, %—Luxembourg, I%—Namur and Liege, 4% Northern
of France, 12%—Orleans and Bordeaux, 6%—Paris and Lyons, 6}4
—Sambre and Meuse, 6%.

MONEY and COMMERCIAL NEWS.
C!? Y, QUARTER TO THILEE.
The Cotton Market at Liverpool was dull yesterday, and
prices are now 11.2 d. per lb. lower than in January. Sales,
3,000 bales, incl uding 2,200 American, at 61/0. to 7/d. Shares
had been very flat again.
There are no later accounts in the City to-day from foreign
parts, except the usual continental mails; and from ('aria
the report of the Money Market is not very satisfactory.
This morning cne of the most important meetings that has
been held in the Bank court-room for many years past took
place (a full report of which will be found in another part
of The Sun).
The Stock market has been very flat again this morning,
with scarcely any one venturing to enter into business,
because of the uncertainty as to the course which
the Bank of England might think proper to
adopt. Consols have realised 88% % for Money,
and the same for time. The Consols Scrip is 4to 1 discount.
Exchequer-bills have been par to 3s. premium. East India
St( ck is worth 247.
The Foreign Investments have been very dull. Spanish
Three per Cents. have been quoted 34, and Dutch Two- and-
a-Halt per Cents. 574 to 58.
Shares have been neglected.
The Bank of England directors have just broken up, and
there is no notice issued for an advance in the rate of in-
terest.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Three per Cent. Consols Annuities .. 88%34%
Long Annuities, Expire Jan. 5, 1860 —
Ditto, 30 years, Jan. 5, 1860 .. 9 5-16
India Stock • • • .. • • • • .. • . 247
Consols for Account .. .• • • .. • • 88% 34
Consols, Scrip .. •• 1 0% dis
Exchequer Bills. I%d. 2d.
1,0001. par 3 p Pm.
500/. • • .. par 3p pm.
Ditto, Small .• 1 4 p pm.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Dutch 231 per Cent., 12 Gull 5731
Russian Bonds, 5 per Cent .. 10931
Spanish Bonds, 5 per Cent. .. • •
Ditto, Three per Cent .. 34
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents. 57% % 58
Ditto, 4 per Cent. Certificates 913 %
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK.
AAILWAYS. PAID. PEE SHARE.
Amber., Notting., Boston, & Eastrn Jn. 2% 214 to
Birmingham and Oxford Junction .. 5 1134 •• .. to
Bristol and Exeter .. • • • • .. 75 .• • • 7634 •• • • to
Buckinghamshire • • .. • . ..6!.4$ % p.. to
Caledonian .. 30 — .... to
Ditto, Half Shares .. • .. 234 214.... to
Eastern Counties .. 20 1934 %• • to
Do., Perpetual,s per Ct. No. 1, 61. 13s. 4d
Ditto, ditto • • .. N 0.2, 6/. I3s. 4d 4 p.. to
Ditto, York Extension .. 4
East Lancashire .. .. 17
Ditto, New .. 8%.... to
Ditto, ditto, New Scrip
Great Northern (London & York Regd) '234
Great North of England .. .. 100
Ditto, New .. .. • . .. • • 20
Great Western .. .. • . 85 —lll% to 110%
Ditto. Half Shares .. .. 50
Ditto Quarter Shares • . • • •• 12% • 1734 .. ••to
Ditto. Fifths .. • . •• 20 .. • • 261% •. to
Ditto, New .. .. • • • • .. 434 ...• 7%.... to
Leeds, Dewsbury, and Manchester .. 2731
Leeds and Thirsk .• • . • • 22% .... to
Do., do., Prefeience, 6 per Cent • • 331. •• • 4% • • to
London, Brighton, and South Coast • • 50
Ditto, Consolidated Eighths • . •• 10 • •
London and Greenwich 121. 15s. 4d. .. • • 8% xdto
London and North-Western • • . 100 .. 176 177.• to 17531
Ditto, Quarters .. • • 2 .. • • .. • • to
Ditto dittb New .. . 2
Ditto, 401. Shane .. M. and B. .. 40
London and York Extension Scrip .. 234
Lynn and Derebam .. 15 . 16% .. • • to
Manchester and Leeds . • . 82 .• •• .. to
Ditto, Thirds (Reg.) ..71. 4s 234 p.. to
Manchester, Buxton, and Matlock - • 425. • • % p.. to % p
Midland •• •• •• •• •• —lOO ll6 115.. to 11034
Ditto, New .. .. 30
Ditto, New .. .. 2 ~ 4%%.. to
Ditto, Birmingham and Derby ..100
Norfolk .• .. • . .. 100 . 136 .• .. to
North British .. .. 25
Ditto, Half Shares .. 1231 16% to
Ditto, Extension .. % 136 4.. to
Ditto, Thirds 1
North Staffordshire .. 5 ...• 7% .• • • to 8
Oxford, Worcester, & Wolverhampton 173
Preston and Wyre .• . .. 25
Ditto. Half Shares (A) 834 • l2 •• .. to
Reading, Guildford, and Reigate •• S • •
Shrewsbury and Birmingham (A) .• 3 .. • • 3% to
Ditto, ditto (B) .. 11,x l% .• .. to
Couth Staffordshire Junction Reg. • .11.133.4 d 3434 pto
South Eastern and Dover •• •• • • 331.25. 4d 37% 5g.. to
South Wales .. •. .• .. • • • . 10
Waterford and Kilkenny •. • • • • 13%
West Riding Union .. • • • • 4/.2.• ..• 1% p• • to
Wilts, Somerset, and Weymouth.... 15 .. • • 7 • • to
York and Newcastle .- • . 25 ...• 3434 3i .. to
Ditto, New .. . • • • • . 10 .. • • 1531 .... to
Ditto, Preference • • • • • • 4 .. • • 8 •••• to
York and North Midland .. .. 50 83% 8434 to 83
Ditto, Preference .. .. • • • • 2
Ditto East and West Riding Extension 10
FOREIGN RAILWAYS.
Boulogne and Amiens .. • • .. 18 •• 134.... to
Namur and Liege .. .. • • . 10 .. • • 4% .... to
Northern of France • .. • • 8 .. • • 123 .. to
Orleans and Bordeatut •• 6 .• • • 634 •... to
Paris and Lyons
Sambre and Meuse •• .. 12 ..,• 6%34 o
JOINT-STOCK BANKS.
London Joint-Stock • • •• • .. 10 .... 15% .... to
MINES

Real del Monte. Unregistered 31/, .. • • to
Errata in Yesterday's List—Read London and York Extension
Scrip blank, and Great Indian Peninsula blank.

LLOYD'S SHIPPING-(THIS DAY

LONDON, MARCH 18.—Wind S., light steady breeze, and
fine clear weather.

DEAL, ItIARCH 17.—Wind S. to S.S.W.—Arrd. Bennan,
Guthrie, Calcutta; London, Gunton, Mauritius; Susan,
Crisp, ditto; Underwood, Callao • Alert, St. Croix.
PENZANCE, Mancn 16.—Wind W. to S.S.E.—The Racer,
Legg, of this port, from St. Michael's, was run down by a
ship, name unknown ; crew saved, and transferred from the
Azores Packet to a French brig bound to Havre.
WATERFORD, MARCH 15.—Arrd. Jamaica, Selkirk, Per-
nambuco, with damage to cutwater.
WisnEAcir, MARCH 17.—The Fishburn floated off last
night, very leaky. The Harriet Emma, for Rouen, is strained
and leaky.

LONDONDERRY, MARCH Canomius, Cuba; PlO-
vincialiA, Philadelphia; Marion, New York.
GUERNSEY, MARCH 16.—Wind S.—Arrd. Flora, De Put-
son, Matanzas for Cowes, very leaky, and having been on
her beam-ends.

GLASGOW, MARCH 15.—The wreck of a brig of about 160
tons, apparently British, dismasted and abandoned, painted
black, with a white stripe, and green inside, was passed, 26th
ult., by the Saracen, arrived here.

ABERDEEN, MARc'tt 15.—A schooner, clipper-rigged, appa-
rently new, painted black, with a light streak, was seen to
founder near the Swandemann Reef buoy, Fame Islands, llth
inst., by the Mary Reid, arrived here.
DUNDEE, MARCH 15.—The Jessie, of Dundee, foundered
off the Fern Islands, 11th inst., during a squall; crew sup-
posed to be drowned.

MARKET NEWS.—(THIS DAY.)
NEWGATE AND X.2III.DEN;fiII4.L.
We bad a very slow inquiry here, and prices were with
difficulty supported :—Beet; from 2s 8d to 3s 6d; Murton,
35 4d to 45 4d ; Veal, 4s 4d to 53 2d; and Pork, 3s 6d to
4s 10d per 81bs by the carcase.
MEAT MARILETS.
SOUTHALL, 31aRcu 17.—The primest Beasts and Sheep
commanded a fair inquiry, at full prices; otherwise the de
mand was in a very dull state.—Beef, from 2s 10d to 4s 2d ,
Mutton, 3s 4d to ss; Veal, 43 to ss; and Pork, 4s to 4s 8d
per 81bs., to sink the offals.
ROMFORD, MARCH 17.—We bad a very dull trade here
to-day, on the following terms :—Beef, from 35 to 4s 2d ;
Mutton, 3s 6d to 5s ; Veal, 45 4d to 4s 10d ; and Pork, 4s
to 4s 6d per Slbs. Suckling Calves, 18s to 28s; Quarter-old
Store Pigs, 16s to 19s; and Milch Cows, with their small
Calf, 161 to 181 each.
HAILSHAM, MARCY 17.—We had only a moderate supply
of stock on offer this morning, yet the general demand was
heavy at barely late rates. Beef, from 3s 4d to 4s 4d;
Mutton, 4s 2d to 5s 2d; Veal, 4s 6d to 4s 8d; and Pork,
4s 4d to 4s 8d per Sibs.
ARUNDEL, MARCH 16.—Beef, from 3s 4d to 4s 2d ; Mutton,
38 8d to ss; Veal, 4s 4d to 4s 8d; and Pork, 45 2d to 4s 8d
per Bibs. A moderate supply, and a slow trade.
CHICHESTER, IVAncti 17.—Prime Sheep were in fair re-
quest, at full prices; all other kinds of stock were a dull
sale. Beef, from 3s 4d to 4s 2d ; Mutton, 4s to 5s 2d ; Veal,
4s 4d to 4s 8d; and Pork, 4s to 4s 6d per 81bs. Suckling
Calves, 18s to 284; Quarter-old Store Pigs, 16s to ISs ; and
Milch Cows, with their small Calf, 16/ to 181 each.
RAY IKAUXIIIITs.
SMITHFIELD.— Meadow Hay, 218 s to 31 15s ; Clover ditto
31 53 to 4/ 16s ; and Straw, 1/ 10s to 11 14s per load.
Trade dull, at barely stationary prices.
Cumnaiii.A.vn.—Meadow Hay, 218 s to 41; Clover ditto,
3/ 55 to 41 16s ; and Straw, 1/ 12s to 11 lfis per load.
A fair average supply and a steady trade.
WHITRCHAPEL.—Meadow Hay, 2/ 5s to 3/ 16s; Clover
ditto, 3/ 5s to Si; and Straw, 11 lOs to 11 14s per load.
Supply good, and trade dull.

CORN AVERAGES.
GENERAL AVERAGE PRICES OF BRITISH CORN
For the Week ended March 18, 1847, made up from the Returns of the
Inspectors in the different Cities and Towns In Eatland and Wales
per Imperial Quarter.
WHEAT. I BAXLEY.' I
I OATS. BYE. BEANS. PEAS.
PRICE .. 1 743 2d 54s 10d 31s 2d 55s Id 1 52s 7d 543 11d

The Duties on Foreign Grain are now suspended.

LEWES ELECTION.—The election for the borough
of Lewes took place yesterday, when Mr. J. Blaker pro•
posed It. Perfect, Esq., as a fit person to represent the
borough. The nomination was secon.ied by Mr. A. Morris,
and there being no other candidate, Mr. Perfect was declared
duly elected.
FATAL RAILWAY ACCIDENT NEAR LOUGH-
nonouott.—An accident, attended with loss of life, occurred
on Tuesday night, between Loughborough and Kegworth, on
the Midland Railway. It appears that when the down train,
leaving Loughborough at ten o'clock, arrived at Derby, a
communication was telegraphed to Loughborough, stating
that something—the driver thought a sheep—had been run
over, soon after the train had left Loughborough. Some
men were accordingly sent down to clear the line, when about
three-quarters of a mile off they found the body of a soldier
lying across the rails with his head crt shed, both legs severed,
and the body dreadfully mangled. In addition to the pas.
Fenger train, a luggage or mineral train, consisting of 56 or
GO waggons, appeared to have gone over him. The body
was taken to the Loughborough station, where a coroner's
jury will sit upon his remains. The unfortunate man was a
private of the 4th Dragoon Guards stationed at Loughborough,
named Thomas Bulman. He was 26 years of age, and had
been in the regiment about six years.

HOUSE OF LORDS.-(THIS DAY.)
The House sat to-rah- to Lear appeals. The Peers pre-
sent were the Lord Chancellor, Lord Brougham, and Lord
CampbelL

BAr.RErr AND OTHERS V. TITE STOCRTON AND DARLINGTON

RAILWAY COMPANY.

The arguments in this part-heard appeal from the decision
of the Vice-Chancellor of England, which were commenced
on Tuesday, were resumed to-day, Mr. Smythe following Mr.
Bethell on behalf of the respondents, the Stockton and Dar-
lington Railway Company. The appellants are directors and
shareholders of the Joint-Stock County of Durham Coal
Company. For the transit of coals sent by them by the
Stockton and Darlington Railway, and by the Clarence Rail-
way (of which the respondents are directors and share-
holders) to Port Clarence for exportation, the respondents
claimed payment at the rate of 2,4 d. per ton per mile, under
provision of their Acts of Parliament. The appellants were
unwilling to pay more than 1/2d. per ton per mile. This dispute
between the partiesbt vn in 1836, and it was agreed between
them that the al pellants should continue to pay the former
charge, under protest, and without prejudice to their right to
recover the excess, in the event of their succeeding in an
action, which they were to bring, to try whether the former
or latter sum was the proper Parliamentary charge. A special
verdict was found in that action, and, upon the discussion on
it, in the Court of Common Pleas, it was decided that the sum
of 4d. per on per mile for transit of the appellants' coals
was the proper cirarge under the Acts for construction of the
said railway s. The respondents brought a writ of error on
that judgment in the Court of Exchequer Chamber, and
failing in obtaining a reversal there, they brought their
writ of error in this House, the result of which was an
affirmance of thej udgment of the Court of Common Pleas.
Per.ding the proceedings at law, and before the last writ of
error was brought, the appellants filed their bill in Chancery,
stating the proceedings at law, and that notwithstanding the
judgment there in favour of the appellants, the respondents
refund to refund the excess of the sums paid by the appel-
lants beyond the ',sd. per ton per mile. The respondents
put in their answer, and alleged that of the sum before
claimed by them for tonnage 1/2d. was for haulage of the
coals, and other services rendered by them to the appellants
in the transit of their coals. Several orders were made in
the cause by the Vice-Chancellor, in pursuance of which the
sums constituting the excess between the established Parlia-
mentary charge, and the charge of 2id. were paid, first into
a bank, and part afterwards into court, and vested in the
public funds to abide the decree. By the decree made in the
cause, after this House gave judgment on the writ of error,
the Vice-Chancellor ordered all sums paid by the appellants
to be paid back, under reduction not only of the /d. per ton,
for the transit, but another /d. per ton for haulage of the
coals; and his Honour also ordered the appellants to pay the
respondents their costs in the cause, on the grouni that the
suit was not necessary, and the filing of the bill was prema-
ture, inasmuch as all matters in dispute would have been
decided by the action if the appellants had waited for the
final judgment in it.
Mr. Stuart and Mr. Faber were heard on Tuesday for the
appellant, and Mr. Bethell for the respondents.
(The arguments had not concluded when our Afternoon
Edition went to press.)

VICE-CHANCERY.-(THIS DAY.)
(Before the Vicit-CHANCELLOR of ENGLAND.)
JOY V. BIRCH.

The arguments in this case, which have already occupied
the Court several days, were resumed this morning. The
case, which has been many years in this Court, came before
his Honour upon further directions, and the sole question for
decision was, whether the purchaser of a certain estate could
be compelled under the agreement to pay interest on such
portions of the fund as had not been paid at the time he en-
tered into possession. A gentleman named Birch, so long
ago as the year 1812, contracted for the purchase of the estate
in question, called the East and West Wretham Estate, si-
tuated in Norfolk, being partly leasehold and partly freehold
property, for a sum of 95,0004 The estate was at that time
charged with several mortgages, and it was arranged be-
tween the parties that the purchaser should be permitted to
dispose of certain portions of the purchase-money in clearing
off the incumbrances, which part of the agreement was even-
tually carried into effect. It was further agreed that Mr.
Birch, upon entering, should be entitled to the rents and
profits from the preceding Michaelmas; that the conveyances
and assurances should be prepared as speedily as possible,
and that the interest on the residue of the purchase-money
should not commence until Lady-day then next; and by a
subsidiary agreement it was provided that if the instruments
were not executed by that time, then that the interest
should commence from the time of the execution thereof.
Owing to the embarrassed state of the property, and the
claims of incurnbrancers, it had been found impossible to
complete the contract, and a bill was accordingly Sled for
specific performance, which came on for hearing in the year
1830, when a decree was made by his Honour directing the
performance of the former agreement, as stated by the later
one. Against this decree an appeal was entered, but the
Lord Chancellor utS med the judgment of his Honour. The
matter was then carried to the House of Lords, where, atter
argument, their Lordships affirmed substantially the decision
of the Lord Chancellor. Since that time, the purchaser hid
continued in possession of the estate, and had received the
rents and profits ; and the question now was,• whether he
was bound to pay interest on a sum of about 9,000/., which
was the residue of the fund.

(The arguments had not concluded when our Afternoon
Edition went to press.)

BOW-STREET.-(THIS DAY.)
William Clayton, a boy of about sixteen years of age, was
placed at the bar before Mr. Hall, charged with obtaining
money under false pretences.
It appeared that the prisoner had been errand-boy to Mr.
Nind, paper-hanger, Fleet-street, and was discharged about
a week ago, and that he had since culled upon several of Mr.
Nind's customers and had received money due to him. Mr.
Nind had authorised the prisoner to receive moneys for him
while in his service.

The prisoner's defence was, that Mr. Nind owed him some
money for wages, and had refused to pay him. He got the
money which he knew to be due to Mr. Nind for the purpose
of paying himself.
Mr. Nind said, that when the prisoner called at his shop
to demand the arrear due to him, he was told that if his aunt
(with whom he lived, baying no parents) would call for it,
it would be paid to her.

As Mr. wind suspected that some pawnbrokers duplicates,
which were found on the prisoner, referred to property which
he had missed while the prisoner was in his service, and as
Mr. HALL was anxious that his relations should be in•
formed of his situation (of which they were as yet ignorant),
and should be called upon to attend, the worthy magistrate
remanded the prisoner to Morday.

WORSHIP-STREET.-(THIS DAY.)
Police-sergeant No. 2 N, stated that a man named John
Smith had attempted self-destruction by cutting his throat
with a knife he had concealed about his person, in one of
the cells of the Robert-street police-station, where he was
soon afterwards found in a state of insensibility. Messrs.
Hawsdeer and Coward, surgeons, were at once sent for, and
on their arrival they directed Lis immediate removal to St.
Bartholomew's Hospital, where, on inquiry this morning re •
specting him, it was stated that he was alive, but was not
expected long to survive. He had been taken into custody
for robbing his fellow-workmen of their tools.

SOUTHWARK.-(THIS DAY.)
Henry Potter was charged with stealing a piece of printed
calico from the shop of Mr. Reece, linen-draper, 13lackfriars•
road.

Prosecutor said, about six o'clock last evening the print
dress was hanging on a line inside the doorway, and about
ten minutes afterwards the prisoner was brought into the
shop by a dear and dumb man, with the at tide in his possession.
The latter person gave his evidence through the medium of
his fingers, by which it appeared that as he was passing the
complainant's shop he saw the prisoner enter the door, snatch
the print off the line, and run away with it. He pursued
him and bro❑ght him back to the shop, when he was given
into the custody of a policeman.
The prisoner was committed.

BANK OF EN GLAND-(THIS DAY.)
A special general court of the governor, directors, and
proprietors of the Bank of England was held this day,
within the Court-room, for the purpose of declaring the divi-
dend for the hall-year coning the 27th of February last.
At twelve o'clock precisely the Governor, Mr. Heath, the
Deputy-Governor, Mr. Robinson, and several directors en-
tered the room. There was a very lull attendance of the
proprietary.
The minutes of the last court having been read and
confirmed,
The GOVERNOR proceeded to address the proprietors. He
said—Gentlemen, according to the form prescribed by this
tout, it is my duty to acquaint you that this is one of the
half-yearly general courts appointed by the bye-laws for the
purpose of considering a dividend ; and I have farther
to acquaint you that the directors, having con-
sidered the state of the banking accounts, are
of opinion, that a dividend may be made, if
the Court think fit to agree to it, of 3i per cent. interest,
payable on the sth of April next, without any deduction.
You may wish to know some particulars with respect to the
rest, and I have therefore to inform you that on the 28th
February, 1846,
The rest was ... X 3,689,430
On the 3Ist August
On the 27th February, 1847
making an increase on the half-year of 59,4691., or in in-
crease to be added to the rest on the whole year of 209,792/.
A PROPRIETOR wished to know whether there was a con-
tinued and further increase till the 6th of March?
The GOVERNOR said they were dealing with the question
of the 27th February, on which their proceedings were based,
and could not therefore affect the period referred to by the
Hon. Proprietor.
Mr. LEVY asked what was to be the bonus? They had
been led at the last meeting to expect a large increase ou
this year, and he thought they had a right to expect it. If
any thing serious were to happen at this time which should
derange the affairs of the Bank, the proprietors would require
to subscribe to make up any deficiency, and he considered
it therefore a hard case that in a season of prosperity the
proprietors should not have a corresponding benefit. He
trusted that the implied promise made to the proprietors on
the last occasion would be redeemed.
The GOVXRNOR explained that what he had stated to the
propri, tors on the last occasion was, that the Governor and
the Court of Directors would have much pleasure in meeting
the views of the proprietors, when they thought that could
with propriety and with a due regard to other interests be
done, as this was probably the last time when he should
have the honour to appear before them as Governor, he
should have been proud and happy to propose an increased
dividend ; but he thought the proprietors would see that
there were peculiar circumstances abroad at that moment
which rendered caution and prudence more than ever neces-
sary on the part of the directors.
Mr. PARRY Ds WINTON was sorry to find that so small a
dividend was declared as 31. 10s. per cent. He did not wish
to impugn the conduct of the directors, as he thought they
had done their duty by the proprietors, more especially the
gentleman who had just addressed them. As respected
him, he had during the period of his governorship
devoted the greater part of his time and attention to the fur-
therance of their interests; and they had reason, therefore, to
feel obliged to that gentleman. With respect to the profits on
this halfyear, he could show that they would amply justify
an increased dividend to the proprietors ; for deducting the
rest of October 10,1845, from the rest of Febuary 1847,11 e tound
that they had realised no less a sum than 506,06:1, which
would give them very nearly four per cent. Linder these circum -
stances, he did not see that they should not have four per
cent. He. as an old banker, well kn,,w, and was fully con-
vinced, that 4,000,000/. was as much as could be required for
working this establishment, with a profit to those connected
with it. He should therefore propose as an amendment, that,
the dividend, instead of being 3/. 10s. should be 4/.
per cent. The Bank bad now an amount to
work upon or rather more than 24,000,0001. which
they might turn to account. They had also the interest
of 3 per cent. on 11,000,000/. of loans to Government. If
they made 4 per cent. on their twenty four millions, and 3
per cent. on their eleven millions, they would return in the
year 1,290,0001. He thought that the proprietors ought to
derive some present advantage from this prosperous state of
things instead of leaving all to their executors. He consi-
dered that they owed a debt of gratitude to Sir Robert Peel

rrr" " "'

- ,
for the conditions 1:e annexed to the Bald: Charter, or ti;
pralaa.ility would have been that they sh. old have been
the sane condition as in 1825 :sad G. They should have hlal
an issuespuriaus ppm- over the country Instead of good
gold and silver as at present. He repeated it advisedly, to;
the Bank of England and the country were deeply obligeL,
Sir Robert Peel. They were also indebted to Mr. Cotton
his continued advocacy of these alterations. In proof of
ti
success which had attended them since that time, he Wouldnt
just read to the Court the State of the
periods until the present time : 3616,68.5'
The Rest was on the 3d October, 1845... OOOO
3,6 ea
On the 28th of February, 1846 3,878,90°
On the 26th of September, 1846 • 3,899,225,
On the 27th of February, 1847.
And, on the 6th of March, although the Governor tip.
quote it as the basis of the dividend, there was arcade
Rest at different
crease, in one short week, of 52, 00/. which
~,i'ar.)
3,951,922/., or nearly four millions of Rest.—ciiedeo4
Under these circumstance-, he saw no reason why a d* pst of
of 4/. per cent. should not be declared out of the ra welt
3,899,320/. referred to by the Governor. The reduction viz
est,
his proposition would effect would not be great, as the aJd
after the payment of 44 per cent. fur the half year, ar,tiad
be 3,330,000/. But lie wisned it to be distincty under abbot
that he did not find fault with the way in which the Olehnd o;
Governor and the directors, or their predecessors, that
naged the affairs of the Bank; because lie considered
their management had been excellent in the entreat,
(Hear, hear.) Still he thought it his duty, wet
out in any way blaming the conduct of tilos(' nt.rn_ tb•
with the management of their affairs, to persevere tat the
amendment he had proposed. In order to show tl(!areasea
capital of the Bank was amply sufficient to pay an in: WIC
dividend, he might state that the capital stock et the the
on the 10th of October, 1846, was 15,s80,0001,includiffitad
issues, whereas on the 27th of February, this Year' litalof
fallen to 12,440,000/.—less by 2,387,00C1. ; but the Wo,
the Banks of England and Scotland was onl 5,C1-1° able
and yet they paid a fair dividend. He had hady considerio
experience as a country banker, and he was therefereiB44,
condition to state that the Bank Charter of these
which limited the issues of country bankers', over
bankers had been compelled to issue gold sou., cite
and bank notes to meet any excess over their ordinary 40C1
culation, but the working people employed on railways,
a great many were so employed at the present
obliged to be paid in gold and silver; thus a greater Owe,
of bullion had been called into circulation than bereltraal
and great draws were made upon the banks for it. Ce ttilw
in the part of the country with which he was connected' beer,
notes were at a premium as compared with gold and. to
yet as much as 1,000/. a day was paid in gold in WI but
persons emploN ed on the works in his neighbourboou'eo
momeot, woull
whenever bank notes were made scarce gold and silver idog
out from the Bank of England in shoals, but as thew aarie to
classes had an aversion to hold notes, they had invaria"'
be paid in gold. He should persist in his motion.
nn be
Air. FIELDEN seconded the motion. He always il,"„ bo
stood that the three-and-a-half dividend was only 'ye 84
temporary, and that they might look forward to one of or
per cent.for the year. That time last year, the Dever;
came forward and stated, that he had great pleasure
_aats est
form them that they would be exonerated from the par-,1,0
of the income-tax, and the proprietors thanked Lim fora:,
intimation; but at that time the Rest was 3,
one million more than at the time the proprietors receive,
per cent.—(Hear, heal)—and its increase to 3,99'e to
this year was an additional reason why they should haN. The
689,0001, 47.
dividend increased to 41. per cent. for the half-year• atts
difference between the property-tax and 41. per cent. :14
too trifling to be considered as any great advantage be_1;00
the dividend they proposed to declare. The gradual laeleota
in the Rest was one of the strongest argatneot
he would urge in favour of the wrench° re,
What was the difference between four per cent. and the.tPtbe
perty-tax ? it was not so very much ; and he though,tolge
duty of the Executive to allow the proprietors as 'Lob'
dividend as they possibly coula with due regard to the a-rt of
lishment. lie thought that it was the duty of the Cauceold
Directors, it the proprietors were satisfied, that theY thet
safely receive a dividend of four per cent., to allow thet
dividend, especially when, as he had said, the aiffereaa-
tween that sum and the property-tax was so trifling. differ.
The Covell-Noe—The Hon. Proprietor said that the a to
rence was very small. The income-tax would 0°1)00
30,000 L, while the difference of one per cent. would lail,alled
increase of 145,0001. Surely such a sum could not be
trifling. d leg
Mr. FIELDER said that he-also thought the mode s-
ing the tax was incorrect. sal
The GOVERNOR said that if the Hon. Proprietor ban ors
complaint to make he had better refer to the Comoissl°
of Mr.
Property Tax at Somerset House.tbSat
FIEDDER said that, in conclusion, he would statedt
he had greet pleasure in hearing the amount of the teseideea
if the proprietors thought it sufficient to warrant a di
pone
of 4 per cent. being paid, it was for them to take the,re!tbst
sibility, if the proprietors did come to the conclusa''' fore
a dividend of 4 per cent. should be paid. He hoped $$
ther objections would be made. most
Mr. COOKE said that as one of the proprietors ha obo
beg leave to concur in the opinion of the gentleinauterest
had just spoken. When they c.ane to consider the ily did
of the money which was invested in railways, he reap coat
not think it very immoderate to expect a dividend bar
per cent. He was extra mely sorry to see that Lord it...ps'oted
ton, in his motion on the currency the other eveninge7-iired
to find fault with the Governor and company in anNan
way, by stating that they had been purchasing lag aeatitl
their duty to do if it was for their own interest) a clr
of railway debentures, and had neglected the Eac'eljter
bills on account of their being so very low. There was ad tbst
question also which he wished to ask the Governor, an, role
was, whether the corporation had not received consioei. the
injury from the amount of seven-day bills, and wh.„,,ettjestelo
Chancellor of the Exchequer had taken any effect'''.
to check the issue of these bills?
The GOVERNOR said that the Hon. Proprietor kneff.lastall
much on the subject as the directors did. lie bad seed
letter which the Chancellor of theExcheepter had addr
to them.
wisheu
Mr. CooKE—There was another question which be Lae la
to ask ; that was—Whether the Corporation bad not u4ti
some degree, injured by a practice which had been stated
of
that epublic
establishmentpapers tocrbeep
ttaokuitn go f
it place,intontahmeekio,nt?bye
use.
se:it-ere-4 to
the injury of the proprietors and
was an
public
tabs
in
statement He wished to know whether there
statement ? If there were, the business amniirsttLue coodaiedll
in a most inefficient manner, and if such transactions di r•
abroad, it was most important for the interests of the -0o
poration that some alteration should take place in the al
and manner of election.
The GOVERNOR assured the Hon: Proprietor that the re'
port was without foundation. rue'
Mr. Come was very glad to hear that it was tint ;Oa
Although he should be very sorry to seco,nd any proPes'abt
for increase of dividend, and if the directors as a body thoia_at
it would be imprudent to allow that increase, he should a"
support the proposition of the Hon. Proprietor.
whe.
Mr. Wteasamsoar said that the simple question was,e ~tts
tiler they could spare a dividend of
ra so that if 4 per cone
were March, 1839, the rest was 2,798,00 a-,
take 50,0001. from tbe
were to be taken, they would have to taa-
per cent. On th
would add 50,0001-
rest, and if 31 per cent. were paid they
t He was
to it. The 31 per cent. was paid on that
one of those who considered that the rest°
flies h2CI added
under three millions, and of late years --p-ahe were not
1,090,000 L, and thus it might be fairly asked
aCould they
in a condition to allow a dividend of 4 pencell.: not think it
spare the additional 150,0004 that day? did
_stabush,
occasion.
never be
would in any way interfere with the funds of the e
m f
ent by alowing a dividend of 4 er cent. 'e
Mr. CLARKEI said that he was adverse to any increase -
e
dividend, but he was not adverse to a bonus Lbeingvdgjeelf.
They
The were two very different things, for tue d-i
whiich
might- be considered as a sort of annuity,
might be hereafterwards diminised by adverse circuta,slrectorS
while a bonus was always under the control of the direst dote'
as to its amount. Ile was sure it was the wish of theqd
tors to give the proprietors as much profit as they co., crbe
sistently with the proper conducting of the Bank' .at a
only question for their consideration was, how g`'ess- srf
suns could then be given to them. It was acco tbe
for the Court of Proprietors to consider what „vide
maximum rest which should be kept, in order to it." eta
against contingencies; and then they would be bet'
abled tD. S ALo judge
Mwhat bonus they could have.
Mr. OONS said that, whatever turn the ills,'
might take, they should consider that those who ball ata
terest in the partnership should derive a beneu'eappoSS
it. It had always been a great mistake to sup
that the system of keeping a large rest. was 11-0
neficial one. It hindered the parties who entered their
concern from receiving any benefit from it duriall foal
lifetime, and the only parties who derived any beaPa-coe6t
it were their heirs. The only way in which any,",erelt;
could be derived was bya sale of their ~,n:feitea
when they obtained a benefit in capital, but a.ust ,
many others, lie wished to press upon the Go-oeiel°
Directors the necessity of there being some defined Prioftbe
laid down with respect to taking a review of the affair:het 00
Bank, in order to estimate the profits. lie thought a ad'
that side of the bar they ought not to be parties to pt
manent increase of dividend, believing that it would be
injurious to the establishment. rest °'
Mr. PARRY DR WILTON, in reply, thought that a V co!
upwards of 3,000,000 was amply sufficient to meet as,:ert 0
tingencies of the Bank, and he should therefore Pelle. -
his amendment. oaf
t, The GOVERNOR then put the amendment to the Cour wag
upon a show of hands, declared it to be lost by $ • a
majority. bleb
The GOVERNOR then put the original motion, UPadaitit'a
Mr. CLARKE moved, as an amendment, " That in a oe
to the 31/2 per cent. dividend the proprietors should llosot
1 per cent. bonus." He believed that they had a sant cif:
rest to give a 2 per cent. bonus, but, under the presert et )
cumstances of the money market, he would only Pat'
per cent.
Mr. SALoMONS seconded the amendment. 0141
A PROPRIETOR doubted whether such an amendniellt
be moved. r of
The GOVERNOR said it was perfectly competent tig
proprietor to move such an amendment, but he, ueba':arrie"'
remind the proprietors that, in the event of its being • A
there must be a ballot of the proprietors.
The amendment of Mr. Clarke was then put to the he
by the Governor, and declared by him to be car"
large majority, amid much cheering. h dtaken
The GOVERNOR said, in consequence of what ea
place, he must move, in addition to the motion forha-ole be
dend of 3i per cent., that a bonus of 1 per cent.
paid, and that a General Court should be held on I",cloa,'
the 22d inst., and a ballot taken from eleven to four
upon that proposition.
This motion was carried unanimously. off
Mr. H. THOMPSON moved a vote of thanks to the Gatrie-e4
obSa•
Deputy. Governor, and directors, and in doing s° ka pre
that such had been their zeal for the interest of tu-cotar
prietors that their salaries ought to be paid free of
in
tax.—(Cheers.) aa d
Mr. CLARKE seconded the motion, which was cone
nimously. is them
be GOVERNOR, in returning thanks, stated that th ,aOO
be the last time he should have the honour to adores
in his character of Governor Cotlft
Mr. CLARKE thought under such circumstances the 00-
ought to come to a vote of thanks specifically to the
vernor. the
A specific vote of thanks was unanimously carried to
Governor, and the Court broke up.

DIRECT LONDON AND POI
MOUTH RAILWAY.—(THIS DAY.) of
An extraordinary general meeting of the shareholders_.,,
this company, was this day held, at the London Tavel:,
bishops;ote-street, for the purpose of considering the cirto.%
of two proposed Bills, which were submitted to the meetnlet.
viz., a Bill to enable the Direct London and Portsmouth Ita,
way Company to make an approach to the town of Dorkle
and a deviation in the line, and certain alterations in
levels of their railway, and in the Croydon and -1,:P.5°.-ftßailway.
Railway. Also, a Bill to unite and consolidate the 1)1°1"--0,
London and Portsmouth Railway Company, with the Lon
Brighten, and South-Coast Railway Company.
o'clock,
The chair was taken by C. S. Crowley, Esq., atone o'c•°n
but some time elapsed before the business of the Ine_net"g
io
commenced, in consequence of there not being thirty pe"
tbe
present, that being the minimum number required bY_l„g
Act to constitute a meeting. The requisite number ham"'
been obtained,