The Sun.
London, England, 1846-01-29 00:00:00

RAILWAY SHARE MARKETS.
MANCHESTER, JAN. 28.
STOCK EXCHANGE.—The sales are —Blackburn, Darwen,-and 801--
ton, New, )4 dis.—Caledonian, 4% p.—Derby and Crewe. % p,
Direct Northern, % dis.—Goole, Doncaster, Sheffield, Bte., 265. 6d. p.
—Grand Union, 14 P.—Great Grimsby and Sheffield, Extension, 1 P.
—Huddersfield, Halifax, and Bideford, 3% p.—Leeds and Thirs;,
3 p.—Leicester and Bedford, ;4 p.— Liverpool and Bury, New &taros
3 p.—Liverpool, Ormskirk, and Preston, 1y ^ mul(jn
and 111dfi-
chester (Rein.), 1 dis.—London and oulsor, % and
York, % p.—North Stafffor'-
1 p.—South Eastern and
p. West Lancashire
Coast, % vtn and iirnbss' TA, v.
na\wr.le.hwaLls•-lt6 Western,
STOCK F-
LEEDS, JAN. 28.
tensio,
.....ettAtreis.—The sales are—Manchester and Leeds Ex.
10 p.—Newcastle and Darlington Junction EXtensions
•
.—Sheffie d and Manchester, Quarter Shares, No. 3, f,—(refitGlinteby and Sheffield, 8% cash—Ditto, Extensions, Bs. 6d. p.—
litteldersfield and Sheffield, 21—Leeds and Dewsbury, 16 —Leeds
and Thirsk, 10)4.—North British, New Carlisle Branch, 3—Wake-
field, Pontefract, and Goole, New, 7;5 p.—Wilts, Somerset, and
Weymouth, 3% c.—London and York, 4;4—Direct Northern, 2%—
Liverpool, Ormskirk, and Preston, 4%—West Riding Union, 6%
Ambergate, Nottinghamland Boston, 2s. 6d. p.—Clitheroe Junction,
2%—Lancashire and North Yorkshire, 10s. p.—Leeds, Wakefield,
and Midland, par—Leicester and Bedford, ss. p.—Manchester, Bux-
ton, and Midland, 255. p.—Manchester and Birmingham Continua-
tion and Welsh Junction, 7s. 6d. dis.--Northumberland and Lanca-
shire Junction, 15s. dis.—North Staffordshire, 3% p.—North West-
ern, 2%—South Midland, 2p.

HULL, JAN. 28.
STOCK MECHAM:IE.—The sales are—North British, Carlisle, 21. 185
9d.—Ambergate, Nottingham, Boston, &c., 21. 145.--Axholme, 2%
Buckinghamshire, 55. p.—Derby and Gainsborough, 208.—Grand
Union, 325. 6d.—Great North and South Wales and Worcester, 6s.
6d.—Leicestei and Bedford, 295. 6d. --London and York, 4%
ton and Drifileld Junction, 428,--Manchester, Buxton, and Matlock,
31. 7s.—North: Staffo:ashire, 51. 2s.—South Midland,'" 37. 17s—
Shrewsbury and Btlminghain, 3%—Wakefield and Bradford, 2.

BRISTOL, JAN. 28.
STOCK roccussios.—The sales are—Bristol and Exeter, New, 11%
—Cai;•donian, 141 A —Ditto, New, 3%—Midland, New, 291 A —Port-
bury Pier and Railway Company, 2U .

had not stated one-half of the evil which must
yet come before the public.---(Hear, hear.) Mr; Kuntz,
said he, was ashamed to lie Conflicted with the committee:
to the
eguenotZnln c,l.7;he;4.ea:lnet the(ltr (Mr.'
tm.inagriptsacioesu,gthhte, engineers,
and such like.] But surely such men were most detrimental
when he
knew whet he had Stated to die pm by tiled in
whtirt the kfittglittee edtiid 80nil e. tairitz—i mil at
home unwell.) According to Mr, ..4qtes Statement? the
committee was pnclo the Ontrol ,of llitrt Parons, who had
Wen the eaiiis of but one-half of the shares being allotted)
and much money had thereby been lost to the Company.
But Mr. Muntz ought when he saw that to have called a
meeting of the shareholders. Yet+ ineteall of hat what
does the cemiiiittee and the ion. Gentleman X 10? They go
and negotiate an amalgamation with another company, and
call upon shareholders to come up and sign the deed under
this new agreement, of which the shafeholddrs know nothing,
and have no means of knowing what they are rendering
themselves liable to when they sign the deeds. It was the
most extraordinary thing that had ocinirred in the railway
world the committee surely did not expect to find site!'
another company of shareholders; upon whose stupidity
they could hope to Work as they had hitt/tided ftl do
on theirs. As for Mr. Parsons' statement, he did not know
whether it was correct or not; he had no means of judging,
and Mr. Muntz had given them but little help. Mr. Muntz
had said nothing of the arrangements entered into, whether
it would be advantageous or not ; he had not mentioned it.
PAYNE, of Birmingham, said that the number of
shares allotted was 400,000. He had himself moved
in the committee that 600,000 should be
allotted, and the reason that it had not been
900,000 shares was that Mr. Parsons objected to it, for he
had in view amalgamation with Mr. Bethell's, company, which
Company had allotted only 600,000 shares, so that by this
number being allotted on their part also, both Companies
would be on a par. The 600,000 shares had not been al-
lotted, because Mr. Parsons had kept back 1,000 of them, and
several other persons had reserved allotments for themselves.
Mr. PARSONS begged to say, that when he went down to
Birmingham with the prospectus, he had not concealed
that there were competing lines. He called on Mr. Spooner,
and told him of the other two lines, and if he did not tell
Mr. Bluntz of them he had no intention to keep him igno-
rant of the fact ; but whether he had told hi.n of them or
no, he must have heard of them. [Mr. Muntz—No.]
When he asked Mr. Muntz to become a director he had said
he could not give much time to it, but when he came up
to London he would give as much attention to the business
of the Company as he could. And he (Mr. Parsons) put
it to Mr. Muntz whether he did not receive a letter from him
asking him to become chairman of the committee. When the
shares were about to be submitted to the public, there was a re-
solution passed in the committee, but not recorded on the mi-
nutes of the committee, reserving the right to every member
of the Provisional Committee of purchasing 150 shares, and
to every member of the Managing Committee the right of
purchasing 500 shares. Besides these, 17,000 shares
had been reserved for another purpose, so that these
taken into account, make it evident how the allotment was
made for but 400,000 shares. Mr. Parsons then particularised
the persons appointed by the committee to fill official
situations, and denied having ever had anything to do with
their appointment, or with filling any of the offices connected
with the Company. As for the arrangement with Mr.
Bethell, he (Mr. Parsons) had, himself, been the first to move
in it. He called on Mr. Bethell, and having stated his ob-
ject, Mr. Bethell requested him to put'his statement
into writing. He proposed to Mr. Bethell that 600,000 shares
of the amalgamated Company should be allotted to the
shareholders of the Southampton, Manchester, and Oxford
Company, and that they should exchange their scrip for that
from Mr. Bethell. That gentleman was limited as to time for
reply, and did not reply within that time. That he (Mr.
Parsons) advised the Committee to allot the rest of the shares,
and proceed without waiting longer, as Mr. Bethell seemed to
be only amusing them, but they did not allot them. Al-
though hundreds of shares were applied, under good and
bond fide names, no shares were given to some, and others
had got twenty and fifty; and now they turned round on
him (Mr. Parsons), and would make him the scape-grace for
their own faults.

Mr. SPOONER M.,P., admitted that there had
been such a resolution moved as Mr. Parsons
had alluded to, at least he believed so, for he had not been
present. A circular, too, he believed was sent round, inti-
mating the substance of that resolution. He had himself
received one, but had personally intimated at the Committee-
room that he would not purchase more shares than he had
already taken. When Mr. Parsons called upon them to
allot the rest of the shares, they were at that time at a dis.
count in the market. Mr. Parsons advised them to allot
more shares at such a time, and did he dare now to turn
round and blame them for not doing so ? Nor were
they now placed in a worse predicament by the amalgama-
tion with Mr. Bethel], for if their Bill were thrown out by
Parliament, they themselves were unaffected by it, the
amalgamation of course became a nullity, and they returned
to their former position. He said he would have been happy
to have called a meeting of the shareholders to consider
their affairs. He had often talked of it, and urged even a
dissolution upon his Honourable Friend Mr. Muntz and
Major Morse Cooper, but they said, no. They said they
cared less for the loss theymight sustain; they had allied
themselves to the scheme ; they. were not altogether without
good prospects, as a matter.of duty, therefore, to the rest of
the shareholders, and in hope of ultimate success, coute qui
coute, they would stand by it.
Colonel JolorirroxE said that a meeting now to consider
the affairs of the Company, after a circular had been sent
round asking them to sign the deeds of amalgamation,
was like putting the cart before the horse.

. _
Mr. HEELS, the present solicitor of the company, was
called upon to state the terms of the amalgamation. He
said they were these—that there should he fifteen directors
in all, that there should be three chosen from the South-
ampton, Manchester, and Oxford Company; six from the
Oxford, Newbury, Andover, Manchester and Southampton
Company; and six, half and half. The shareholders in the
new company were to be as many as were in the South-
ampton, Manchester and Oxford Company. And that upon
going to Parliament, should they be unsuccessful, then that
the Southampton, Manchester, and Oxford Company should
amalgamate with the other Company.
A PROPRIETOR asked whether the Committee knew what
was the capital of the other Company ?—(Hear, hear.)
Mr. SPOONER—NO.—(Oh, Oh.) He begged to say that
a capital equal to their own was to be subscribed by that
Company.
After much debate and wrangling, Mr. Heele was called
on to say what would be the effect if the original share-
holders refused to sign the deeds of amalgamation—how
their shares would be affected? After consulting some
time with Mr. Muntz and Mr. Spooner, he said he was
unable then to give an opinion, but he thought it would be
better for them to sign the deeds, and he would therefore
advise them to comply.—(Laughter.)
Much more discussion followed between individual share-
holders in the body of the meeting as to calling a meeting
of the shareholders; whether Mr. Muntz ought not to do it
after seeing the animus of that meeting. But Mr. Muntz
refused to interfere, and advised them to send in a requisi-
tion to the committee.

The result was, that the meeting separated informally,
and we left several signing a requisition got up on the occa-
sion, praying the committee to call a meeting forthwith of
the shareholders to take the affairs of the Company into
consideration.

THE SUN LON _DON, TIiURS DA ir EVEN IN G, JANVAItAr 29,

tts, the petty squabbles be.
The second is oseupied
ero y
‘
tween Napoleon and Sir Hudson Lowe, so derogatory
to the character of both, and with historical recut
niscences of the more remarkable events of General
Bonaparte's early political and military career, in which
the reader cannot fail to take a deep interest. Count
Month°ion; unlike M. Thiers, raises no prejudices
against his views, for we recognise in him at once the
bean.; andifeelings of a gentleman. While he:praises his
ecunyy and tn.a hero whom he attended to the hour of
his death, he does -justicZ to his opponents, and gives
praise to whom praise is due.

DASHES AT LIFE WITH A FREE PENCIL.
By N. P. Willis, author of " Peneillingv by the Way," 6-c.
Gray, the poet, whose dream of literary delight was
"to lie upon a sofa all day, and read eternal new novels,"
rould have been a happy man, from the moment he took
up these three volumes, until, with a sigh, he came to
those fatal words " the end." It is the fashion to cry
down Willis—to accuse him of literary foppery—to in-
sinuate that he has " merely a knack of writing;" but,
whatever his faults, who can deny that he gains his end
—that, however critics may decry him, he is a very
popular writer. The contents of these volumes are very
varied. We have stories of European life, clever and
not at all probable ; stories of American life, full of in-
eident and character; notes from a journal in New York,
and other parts of the Union ; and a few " Scripture
Sketches" (toofew, indeed), which show that Mr. Wilhs has
a heart, as well as a head to invent and a hand to write.
HIS prose is brilliant--dashing—always clever. We
doubt whether he could write a regular "three-liner"
work of fiction. In the sijOrt and rapid story, he has
few superiors. No writer has a greater disdain for mere
detail, in a novelette. nu rushes forit.;:d, letting a sen-
tence tell what another Matt *ould COspand into a
chapter. He is sarcastic; but there is iM tem% in the
sting. He attacks classes, but not individuaii. it is C°
his credit—allof this volume having previously appesred,
piecemeal, in American magazines—that he has never
shrunk from severe animadversion upon the manners
and customs of hits countrymen. It is creditable to them,
that they have taken his censure as kindly meant, and
that he is one of the moat popular writers in America.
We have praised the few specimens of poetry.

GUERNSEY.
TO THE EDITOR OF THE SUN.
SlR,—Through the medium of your journal, I hope to
offer a more faithful view than the local papers afford of
the events which fcr the last few years have filled the
minds of Guernseymen, the columns of their Star, and
the pockets of its proprietor.
When Major-General Napier first arrived in the
island be was to govern, the inhabitants of Guernsey
deemed theirconsequence increased by the appointment
of so distinguished an officer, and, misinterpreting his
courtesy for weakness, each nobody sought to be his
particulur friend, and sole adviser. But they soon found
that he was not to be made a tool of, as former
governors had been; his nature could not bend itself to
party squabbles or petty intrigues, nor would his keen
sense of right and wrong allow him, like some of his pre-
decessors to wink at iniquity or permit crime to escape
"un whipped of justice." Like more than one royal
martyr, he has suffered not for his own, but for the mis-
deeds of others. _ _

One of his first "misdemeanours" in the eyes of the
islanders was his detection of the injustice manifested
in the sentences awarded by the Royal Court.* For in-
stance, some soldiers for petty offences, and an English
lad for breaking a few lamps, were adjudged to punish-
ments much more severe than was inflicted on a member
of their own bar, a Guernseyman, for a deliberate and
almost successful attempt at murdering an Englishman.
One of thelsoldiers, who went into prison a healthy man,
died within a few weeks of his release. It would be
endless to detail all the acts of which the governor has
had to complain, or to complain of the falsification of
every circumstance which has characterised the whole of
the island press; suffice it to say, Major-General Napier
has been the mark for gross and incessant insult. Never
was a lion so brayed at. With much possession of
loyalty the chief delight of Guernseymen is to insult the
representative of royalty, and to question the authority
of the British Government.

The abuses which they call their laws, and to which
they cling with great pertinacity, are called as the fancy
of each jurat may suggest, from a viide field of obsolete
Norman customs; and, as justice is, they are aware, typi-
fied by a female, they substitute an old woman with
spectacles for the blindfolded goddess. Guernseymen
are proverbially under female control from their cradles
to their graves, and the mothers, aunts, cousins, generally
furnish the jurat with their opinion and advice before
he takes his place in awful state upon the bench; and be
of course is too obedient to Mrs. Caudle to allow any
evidence to outweigh the dictates of the domestic
tribunal.

We see frequent details of " military outrages " in our
malignant Star, profitable no doubt to the editor—never-
theless, a cowardly outrage of which a Guernseyman was
the hero, received not one syllable of notice, although
it is the constant custom to report the proceedings in
criminal trials most minutely. It is to be presumed,
therefore, that a Guernseyman can do no wrong, or that
no Guernseyman's wrong-doings can find a place in the
leading newspaper.
The facts, nevertheless, are as follows :—an English
lady, accompanied by her little daughter, driving her-
self in a pony photon, was met on the high road by a
Guernseyman, who wantonly and maliciously fired a
musket over the pony's head. After the first natural
impulse of alarm had subsided, the English lady, being a
person of more than common courage, followed the
Gurnseyman, in order to identify him ; finding himself
thus courageously pursued, he threatened to fire at her,
instead of over the horse's head. Fortunately the fellow
was identified. The lady was, nevertheless besought by
her Guernsey connexions not to prosecute; but the
matter was too notorious to be hushed up.
The criminal was tried, and on overwhelming evidence,
convicted, when lo ! the chivalrous sentence of the
Guernsey court was two week's imprisonment, which to
the delinquent was a mere farce. Now, had this outrage
been committed by a man in a red coat, by birth Eng-
lish, Irish, or Scotch, Guernsey would have rang with
the atrocity, and myriads of " Stars" would have wan-
dered out of their orbits to enlighten other worlds.
How the proprietor is rewarded for his silence remains a
mystery, lvhich I leave to the wisdom of the jurats to
solve. _

___ •
6c ,ire you now persuaded
That Talbott
is shadow of himself ?
Where are his substance, .2news, arms, and strength."
Having probed the unsound parts our constitution,
let me now prescribe what seems the only amy most ob-
vious remedy :—A royal commission of English w-
yers to revise, and alter the present abuses, under the
wholesome administration of English law, by men edu•
cated in the profession, reason and justice may be
sought for and found, where at present ignorance and
prejudice usurp their place.
In conclusion, let me assure you that I am not on
termspf more than mere acquaintance with General
Napier, consequently it is not from any personal feeling
that I take up the cause of one who has wielded both
pen and sword so nobly in his country's service, but at
present it would be as little suited to is dignity to use
the one as the other in his own defence.
" No levell'd malice
Infests one comma in the course I hold."
Yours, OBSERVER.

Guernsey, January 24, 1846.
* This Court consists of a Bailiff and twelve Jurats. A
Jurat is selected, not on account of his being qualified by
legal knowlege or a legal education, but because a jury of
matrons (behind the curtain) has given a verdict in his
favo .Ir.

t Editor of the Star.

RUNNING MATCH.—There was a tolerable sprinkling
of company on Tuesday afternoon at Acton Bottom, to wit-
ness the 1,000 yards race between Mathews, of Birmingham,
and Frost, of Holloway, for 101. aside. Mathews, on the
signal being given, jumped off with the lead, kept it, and won
by about fifteen yards, doing the distance in two minutes
and 27 seconds.
CAUTION.—RISCA CATASTROPHE We have been
informed that several idle fellows are already travelling in
parts of this county and Glamorganshire, stating that they
are persons who had escaped from the colliery, where
explosion had taken place, merely with their lives,e
but
being sorely hurt. Now, whoever is attempting, or will
attempt, such an imposition on the humane, may be safely
considered as impostors, for, it is officially communicated to
us, that as long as any persons are sufferers from this cala-
mity, and conduct themselves well, so long will the pro-
prietors provide for their wants.—Monmouthshire Merlin.
THE BEY OF TUNIS AND SLANERY.—This (Decem-
ber 4) being the Ed Elkabeer, the great feast of the Ma -
homedans, all is again full of life. The Bey received, as
usual, all the consuls and officers, military, civil, and eccleA-
astical. A friend of mine, who was at the Bey's palace this
S°f
officersw h which
ameenttoha, tonthdedgeoclodraatniodndis
oaftnotnhde
morning, informedorn
m
the epaulettes,
composed, were estimated, the former at 3 cwt. and the latter
at one bushel! No trifle for so small a state. Indeed,
French officer of some standing remarked that.
the appear-
ance a
of the Bey's court this morning surpassed in magnifi-
cence those of the great European courts. The British Con-
sul here is attempting to put down slavery. The Bey has no
inclination (nor would he be justified if he had) to force his
subjects to set at liberty the slaves now in their possession,
provided they treat them well ; but he has no scruple to give
freedom to those poor slaves who have been cruelly handled
by their masters. Thirteen unfortunate creatures have this
day received their certificate of freedom at the hands of Sir
Thomas. It is impossible to describe the joy they manifested
when the paper was handed to them. Some threw them-
selves on the ground and actually kissed it. How sweet in-
deed is liberty How many blessings did these hitherto un-
happy beings call down upon the head of him who had been
instrumental in procuring it for them ! No one can have an
idea but those who are on the spot how dear the names
" English" and " England" have become to them. A friend
of mine related to me a few days ago that, having asked an
emancipated black how he liked his liberty, " I know no one
but Mahomed and the English Consul," was his reply., By
this he meant to say that Mahomed procured his happiness
in the next world, and the English Consul in this.—Malta
Mail.

LAUNCH OF A STEAM-SHlP.—Yesterday a new steam-
ship, called the Moozauffa, which has been built fsr the ser-
vice of the East India Company, was launched from the
building-yard of Messrs. Fletcher, at Limehouse. The new
:vessel is 256 feet in length, and of 1,440 tons burden. She
is to be propelled by two engines of 400 horse power each,
manufactured by Messrs. Seaward and Co. The Chairman
and Directors of the East India Company were present, with
their ladies, to witness the launch, which took place a few
minutes before two o'clock. The ceremony of naming the
vessel was performed by Miss Willock, the daughter of Sir
Henry Willock, the Chairman of the East India Compan).
FREE TRADE TRIUMPHANT.—The requisition to W.
Busfeild, Esq., M.M., and Colonel Thompson, to becompe.can•
didates for the borough of Bradford on free-trade principles,
has obtained 821 signatures. The electors known b) be fa-
vourable to free-trade have not yet been all canvassed, but
I there is now no fear that, if the election occurs onithe pre-
' sent register, those gentlemen will he returned with a triwill
-
umphant majority, if their opponents do not permit them to
I walk the course. The electors of Bradford are doing their
I duty nobly and in the event of a contest, findthat
for
si their
I present [node of action will save them an immense deal of
labour and expense. The requisition is open gna•
turec—katere Mercury.