The Sun.
London, England, 1846-10-12 00:00:00

No. 16,868. LONDON, MONDAY EVENING SU Ny OCTOBER 12, 1846.

PROSPECTUS OF TILE
BRISTOL AND POOLE HARBOUR RAIL-
WAY COMPANY.
Capital, 1,001,0001., in 51,000 shares of 201. each.
Deposit, 21. 2s. per share.
(Registered Provisionally.)
PATRONS AND SUPPORTERS.
Sir E. Doughty, Bart., Upton House, Dorset
John Samuel Wanloy Sawbridge Erie Drax, Esq., M.P., Charborough
Park, Dorset
J. Weld, Esq., Lulworth Castle, Dorset
Colonel John Michel, Dulish House, Dorset
Wm. Cartwright, Esq., proprietor of collieries in Monmouthshire and
Gltumorganshire.
E. B. Ashford, Esq., Babcary, Somerset.
ACTING COMMITTEE.
HENRY STRETTON, Esq., Ramsgate, Chairman.
Major J. E. Home, Army and Navy Club
John Gray Wilson, Esq., Westbounie Grove
Colonel William Mainwaring Sloane, Seymour-street
Gilbert M`Queen, Esq., Great Coram-street, Russell-square
Thomas Peers, Esq., 1, Lamb's Conduit-place
George Chisman, Esq., Dalston, Middlesex
Sir James Caleb Anderson, Bart.
PROVISIONAL COMMITTEE.
(With power to add to their number.)
Frederick William Hamilton, Esq., 59, Gloucester-place
Bees Price, Bsq., M.D., Tyne Hall, Great Ilford, Essex
Capt. T. C. Newton. Bruton-street ; and Lugwarden, Herefordshire
Thomas Ottery Rayner, Esq., M.D. F.S.A., I, Matthew's Place,
Cambridge Heath
Rev. C. Davies, Sandgate
Major J. Mill, Guernsey
Benjamin Head, Esq., 27, Gloucester-terrace, Kensington
Edward Sankey, Esq., Canterbury
J. Johnson, Esq., Davies-street, Berkeley-square
G. Pusey, Esq., The Dells, Stoke Newington
N. Crouch, Esq., South-place, Euston-square ; and 64, Pall-mall
R. B. Crofts, Esq., Hamilton-square, Birkenhead, Cheshire
John Britten;Esq., Basinghall-street
Lieut. Charles T. Hill, R.N., Queen's-square, Bristol
Henry Lyster, Esq., Spring-terrace, Wandsworth
Captain Hippisley, Somerset-street, Cavendish-square
Wm. C. O'Connell, Esq., Upper Seymour-street, Portman•square.
LONDON BANKERS.
London and County Bank
The London Joint-Stock Banking Company.
COUNTRY BANKERS.
Messrs. Stuckey and Co.
National Provincial Bank of England
Messrs. Ledgard and Co., Poole
Messrs. Bastard and Co., Blandford.
Ersommt.—George Rennie, Esq.
SECRETARIES (pro. tem.)—Messrs. Castleman and Kingdom.
SOLICITORS.
Gilbert Stephens, Esq., 13, Northumberland-street, Strand.
Messrs. Castleman and Kingdom, Wimborne.
Since issuing the former prospectus, the Committee, being deter-
mined to proceed on the surest grounds, and anxious for the ultimate
success of the undertaking, have made further and more minute in-
quiries into the remunerative traffic to be expected on this line ; and
they are warranted in stating that, the result of such inquiries has
greatly exceeded the expectations upon which they grounded their
former prospectus.
This line of railway, commencing at Bristol, will open a direct
communication with Poole, passing through or near the important
towns and villages of Whitechurch, Pensford, Clutton Shepton
Mallet, Bruton, Castle Cary, Wincanton, Stalbridge, Sturminster,
Newton, Shillingston, Steurpain, Blandford, Spittisbury, Sturminster
Marshall, Wimborne Minster to Poole Harbour • and thus, by means
of the Line of Packets intended to be established by this Company,
from that port to the Channel Islands and Cherbourg, and the rail-
ways now in progress from the latter place to the French capital,
and trom thence to Lyons, will complete the line of communication
by the most direct way, from Edinburgh to the south of France, thus
enabling that country to supply herself with many articles of com-
merce atlittle more than half the cost she at present pays, and leav-
ing a good remunerative profit to the Company and producer at home,
Among the various sources of traffic to be expected on this line.
the following are the most prominent :—The supply of the Govern-
ment with Coal from the Welch and Somersetshire pits, by
means of the proposed line, for its different naval and steam
depots throughout the world. The Somerset pits, which are 36 in
number, yield, at present, about 2,000 tons per diem, but are ca-
pable of yielding a much larger quantity ; and, supposing that 2,000
tons were carried by the railway, at ld. per ton a mile, a dis-
tance of 40 miles for 300 days in the year, which is even less
than the Company have every reason to expect, it would yield a
net return of 100,0001., or 10 per cent. upon the estimated capi-
tal ; deduct then 40 per cent. for working the line, wear and tear,
and there remains the sum of 60,0001., or 6 per cent. per annum
on the capital. There can be no doubt of the demand of this
important article of general consumption, from the great dimi-
nution of price to the consumer by the costs of carriage being
reduced to ld. per ton per mile from the present cost, which is
from 6d. to 10d. The supply of the Channel Islands (population
more than 100,000), and of France, with the best species of
coal for the production of gas, as well as for the use of their
manufactures and for domestic purposes. This article, by means
of the various coal pits situated on the line, will' yield to the
Company a very fine remunerative profit, and be of the greatest be-
nefit to the coal proprietor; as the coal necessary for the purposes of
gas can be obtained in very large quantities, and delivered at Cher-
bourg at one-third less than they are now giving for the same coal,
and which cannot, therefore, fail to be of equal benefit to the mer-
chant abroad, the producer at home, and the proposed Company.
Besides these two great sources of coal traffic, there is the supply of
the southern coast, and the different districts on the line, with coal
for domestic use, at a saving of from six to seven shillings a ton.
This is a circumstance that cannot fail to secure to the Company the
entire traffic, and be of the greatest benefit to themselves and the
public in general. In addition to this, the line will ofrer to the great
manufacturing city of Bristol a mere ready market for all those
articles of commerce of which France and the Channel Islands stand
so much in need, and which are manufactured in great quantities at
that city, and as soon as the line is completed, tenders will at once
be submitted to Government for the more speedy transmission of the
mails to the Channel Islands, by which a saving of more than
twelve hours will be effected, and to the North and North-west of
Great Britain a saving of twenty-four hours.
There is also very considerable traffic to be derived from the
various stone quarries, iron mines, and clay pits on the line (the
clay pits alone yielding more than 50,000 tons annually) ; sand from
the Isle of Wight, for the manufacture of glass, of which more
than 10,000 tons annually are used in Birmingham alone; the pre-
sent mercantile traffic which now goes round the Land's End to
the Western Ports ; the great agricultural, manufacture, and pas-
senger lilac from the rich and populous districts through which
the line passes; and the traffic which must be thrown upon the line
from the Welch iron and coal masters, as being the nearest and most
direct outlet to the Continent for the produce of that country. In-
dependent of remuneration, this line ought to be looked upon as a
great national undertaking and benefit, as it will do away with the
necessity for vessels now employed in the Dutch, Danish, Swedish,
and Russian trades, bound to the western parts of England, gOing
round the Land's End, by at once opening to them the harbour of
Poole, which has been pronounced by eminent engineers to be one
of the best natural harbours in the world, and capable, at a small
expense, of being made accessible to vessels of the largest class
theot only will
t
with perfect safety, and enabling them to send their cargoes
hnebenefited,he
sehxippeonwsen,er than
and atthporesie merchant
: abnyt
rch
to their different destinations in loss time, and at a less
thbeis greatly benefited,
Company would derive an immense antinal revenue from the
cargoes of northern produce thus landed at Poole, to be again
dist
ri-
buted, by means of their railway, to the different manufacturing throughout this country ; and the passenger trafficthat wouldtnoawtnsu
rally follow so large a portion of mercantile traffic cannot fail to
yield to the Company a very handsome return upon their tl ou ay.
The average Humber of vessels detained in this trade in going
round the Land's End amounts, from the most authentie sources,to
about four thousand, each vessel averaging a detention of five days.
The average tonnage of these vessels amounts to 130 tons, which
would give six men to each vessel, working after the rate of 601. per
month, which would give, for the number of days detained, 101. to
each vessel : this, multiplied by the number of vessels, viz., 4,000,
would give the sum of 40,000/., which will be entirely saved by
Means of this line. This is independent of the loss of life, destruction
of property, expense of insurance, and loss of thee, which would
all be saved by the projected rail, the statistics of which, did space
allow, would make every one look upon the present undertaking,
not only as one of great local importance, but one of great national
benefit.
The advantages have long been known and appreciated, and the
present Company have determined to bring them into play in the
most 11111 and efficient manner. The expense of storage at Poole as
well as the port dues are less than at any port in the kingdom ; so
that the merchant would be enabled to keep his goods there at a less
expense than at his own port. He would be enabled to perform five
voyages for every three from the northern parts, and, by means of
the speedy communication by the electric telegraph and the rapid
travelling of the present day, many advantages and conveniences will
be afforded.
A careful preliminary survey having been made by the Company's
surveyor,the line has been pronounced to present less than the ave-
rage engineering difficulties, about thirty miles being through a rich,
populous, and level valley. The harbour of Poole has also been sur-
veyed, and the bar at the mouth of the harbour has been pronounced
to be capable of removal, and is now actually being removed ; thus
opening to vessels of the largest tonnage one of the safest and most
commodious harbours in the world.
These are a few of the advantages offered to the public by the pro-
jected line ; and the Committee, impressed with the sense of the ex-
cellence and legitimacy of the undertaking, and basing their views
upon ascertained facts and undoubted evidence, feel themselves war-
ranted in offering to all applicants for shares the following conditions,
via.: That no party taking shares in the said Company shall be
liable (in case of failure of the Company) to a larger amount than
five shillings per share, unless a greater sum shall be sanctioned at a
General Meeting of the Shareholders called for that purpose ; so that
in case the Company fail at any period of time prior to such Meeting
being called, the Committee pledge themselves to return 11. 17s. per
share instead of 21. 25., and a proportionately larger amount if the
accounts of the Company, upon inspection, show a less expenditure.
At the first general meeting of the shareholders the Committee
will produce an account, signed by the bankers, of the several sums
received by them on account of the Company, thereby warranting to
the shareholders that the amount subscribed is still in the hands of
the bankers, minus the ss. per share.
The fhture plans of the Company will be laid before the share-
holders at their first general meeting, and everything submitted to
their investigation and approved.
FORM OF APPLICATION FOR SHARES.
To the Provisional Committee of the Bristol and Poole Harbour
Railway I request that you will allot to meCompany. shares of 201.
each in the above undertaking, agreeably to the prospectus ; and I
agree to accept such shares as may be allotted me on the terms above
mentioned, and also to pay the deposit thereon, and to sign the Par-
liamentary Contract and Subscribers' Agreement, when required.
Dated the day of 1846.

Name . .
Residence ••••• • • • • ••• • ••
Trade or Profession • •
Reference....., • • • • • • • • • • • •
Address of Referee ••••• • • •
*** Applications for shares may be made, in the above form, at
the office of the Company, 55, King William-street, City; Gilbert Ste-
phens, Egg, 13, Northumberland-street, Strand ; Messrs. Castleman
and Kingdon, solicitors, Whnborne ; T. Hyatt, Esq., solicitor, Shed-
tem Mallet S. smith
licitor, Poole. ,Esq., Blandford ; and M. K. Welch, Esq., so-

aa
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nt a
gat
et
eetsoh thebeg
resulting Pateto
o tee
.a
THE UNIVERSAL
6 to 0
60 er Cent. gaved 1
GAS BURNER.
tfrpoum,blait. Martin's-lane, Charing-cross:
rhTTehseabder.vh
lofin3ovention are various and
attention to the following facts,
to CO per cent„ the corn-
striking. Independently of a saving
Mullen is perfect, and the brilliancy produced produced superior to any light
hitherto discovered. It emits neithere
smell nor smoke, and burns
Hosta ny pertod;
delicate acnodl
osuurcloirillspurity,finest that it neither affects
hfabric. Objections have
steadilyo r soils thefer
made to the introduction of gas in dwellinc-
fittings, to its destruction of furniture, draperieuses' to the expense of
these are entirely obviated by the .. PArz
%gold moulding, kc. ;
lluxwxn." As the cost of laying en gas is much UNIVERSAL GAO
tower than is com-
monly supposed, it is adapted for private dwellings,
club-houses, hotels, manufactories, and publie baildifts well as for
One of the
small burners is amply sufficient to light a good-sized room,. at
immeasurably lower than spirit, oil, or candle, with the amdaan_sam,
waste or trouble. `'` 0.
The merits of the " Burner," its brilliancy and economy passing
eveeveryother known light, are shown by the annexed althenti;
opinions of the qualities of the UNIVERSAL GAS BURNER. -
Extract from the Proceedings of the Institution of Civil Engineers
Tuesday, 26th May, 1846, Sir Joins Rxrizaz, President, in the Chair.
'
"A gas burner of a novel and ingenious construction was exhibited.
The principal novelty was the introduction of a stream of air to the
centre of the flame by a hollow button in the middle of the burner.
The air passing up through the hollow stem of the button, was
heated, and passed out by two series of fire-holes around the periphery,
and impinging with force en the lame of the gas curved it outwards
in the shape of a tulip, while the oxygen of the air, mingling with
the carburetted hydrogen gas, produced a very perfect combustion,
The flame was quite white down the top of the burner, was very steady,
as was amply demonstrated by the excellent light of the Institution,
where these burners have been used. In comparing the consumption
of these burners with that of the concentric ring burners, and trying
the power of the two lights by the photometer, the new burner gave a
better ght, with a saving of rather more than one-third."

CERTIFICATE.
POLTTECIINIO OnEmma/. ScHooL.—" Ii testing Clark, Me Niell,
and Co,'s Universa 3Gas Burner with one of the best shawdowless
burners, it gave a more pars and brilliant light, with a saving of 20
o 25 per cent." GEORGE CRISP, Engineer,
ROBT. LONGBOTTOM, Secretary,

CEITICATE.
"In a series of experiments made upon Clark, Mo Niell, and Co.'s
Patent Universal Gas Burner, its superiority was satisfactorily esta-
blished in economy and the quality of the light. Tested against
argand burners, Nes. 4 (12 holes), and 6 (15 holes), It afforded a
saving of at least 25 per cent., and against three fish-tail burners,
No. 4, 45 per cent. The colour and brilliancy of the darnels supe-
rior to any other burner."

T. W. ICEATES, Consulting Chemist,
J. D. PALMER' Mechanical Inspector.
The TNITERSAL GAS BURNER is used nig,htly at the Poly-
technic Institution, and may be had and seen Nem 11 till 4, at the
rAtvzitNissol St. Martinel-040, Charing-cr9” ; and of all (Written.

ROYAL POLYTECHNIC INSTITUTION.
A CHEMICAL LECTURE, by Dr. Ryan, daily, and on
tho Evenings of Londays, Wednesdays, and Fridays. Also a
LECTURE on the ELECTRO-MAGNETIC TELEGRAPH dallY.
MACINTOSH'S REVOLVING ENGINE, COLEMAN'S PATENT
LOCOMOTIVE ENGINE, FARRELL'S ARCHIMEDIIN RAIL-
WAY, the ATMOSPHERIC RAILWAY, all in action. HALLETTE'S
ATMOSPHERIC RAILWAY VALVE. The OPAQUE MICROS-
COPE. The OXY-HYDROGEN MICROSCOPE. A. beautiful Series
of DISSOLVING VIEWS. A Selection of MADRIGALS of the
Sixteenth Century will be performed by a Sax-Horn Band, under
th.; Direction of Dr. Wallis daily, and in the Evenings.
Admission, Is.; Schools, Half-price.

HALL OF ROME, GREAT WINDMILL
STREET, HAYMARKET.
. _

Eight doors from Coventry-street.
Under Distinguished Patronage.—The original Poses Piegigues am

Tableaux Vivant.
Professor TURNOUR, ever anxious to diversify the attractions at
the above splendid theatre, begs most respectfully to inform the
rebility, Subscribers, and the Public, that he has succeeded in en-
gaging one of the finest Models of the day, who will appear every
afternoon and evening during the week in Professor Tumour's cele-
brated groups of Venus Rising from the Sea and the Lute Player.
The new Classical Groupings, which have been acknowledged by the
press as far surpassing anything of the kind ever attempted in this
country, will be repeated during the week, introducing the THREE
COLOURED FEMALE MODELS, natives of Hindoostan, who have
been received with rapturous applause by fashionable and crowded
houses.

Morning Performance at Three o'clock, and Evening at Hail-past
Eight.—Stalls, 2s. 6d.; Boxes, 2s. ; Pit, Is.

THE NEW PORTABLE ALARUM, size of
a small snuff-box, can be placed on the dressing-table, and
set to ring at any hour that may be required. Price, three guineas,
foreign made, or three guineas and whalf, English made.
T. COX SAVORY and Co., Goldsntiths, Watchmakers, &c., 47,
Coruhill (seven doers from Gracechurch-street), London.
N.B. A stock of second-hand Plate always on hand for sale.

BURGESS' ESSENCE of ANCHOVIE S
Warehouse, 107, STRAND, corner of the Savoy-steps, London'
JOHN BURGESS and SON, being apprised of the numerous en:
deavours made by many persona to impose a spurious article for their
make, feel it incumbent on them to request the attention of the
public, in purchasing what they conceive to be the original to ob-
4erve the Name and Address correspond with the above. The genes
ral appearance of the spurious descriptions will deceive the un-
guarded ; and, for their detection, J. B. and Sem, submit the following
cautions:—Some are in appearance at first sight, '• the genuine," but
without came or address ; some " Burgess's Essence of Anchovies,"
and others " Burgiss's ;" and many more without address. Job?
Burgess and Son, having been many years honoured with such dis-
tinguished approbation, feel every sentiment of respect towards the
public, and earnestly solicit them to inspect the labels previous to
purchasing what they conceive to be of their make, which they hope
will prevent many disappointments.

BURGESS' NEW SAUCE, for general purposes, having given such
great satisfaction, continues to be prepared by them, and is recom-
mended as a most useful and convenient sauce ; will keep good in all
climates.

Warehouse, 167, STRAND, corner of the Savoy-steps, London,
The Original Fish-sauce Warehouse,

PUBLICATIONS.

THE EDINBURGH REVIEW, No. CLXX.,
will be published on Friday next.

CONTEN'TB :-
1. PROPOSALS for EXTENDING the IRISH POOR-LAW.
2. SPEECHES and WRITINGS of the late LORD KING.
3. GROTE'S HISTORY of GREECE.
4. LIVES of EMINENT LAWYERS—LEGAL EDUCATION
5. STATE and PROSPECTS of BRITISH AGRICULTURE.
6. GOVERNMENT of BRITISH INDIA.
7. RAILWAYS at HOME and ABROAD.
London : Longman and Co. Edinburgh : A. and C. Black.

SOUTHEY'S LIFE OF WESLEY.

Just published, a New Edition, in 2. vols. Bvo., with 2 Portraits,

price 28e. cloth,
THE LIFE of WESLEY; and Rise and Pro-
gress of Methodism. By ROBERT SOUTHEY, Esq., LL.D.
3d Edition, with Notes by the late Samuel Taylor Coleridge, Esq.,
alid Remarks on the Life and Character of John Wesley, by the late
Alexander Knox, Esq. Edited by the Rev. Charles Cuthbert Southey,
A.M., Curate of Cockermouth.
London: Longman, Brown, Green, and Lougmans.

In 4 vols. Bvo., price 485.,
LORD JEFFREY'S CONTRIBUTIONS to
THE EDINBURGH REVIE W.—Also,
MR. MACAULAY'S CRITICAL, HISTORICAL, and MISCEL-
LANEOUS ESSAYS. Fourth Edition. 3 vols. Bvo., 365.
THE REV. SYDNEY SMITH'S WORKS. Third Edition, with
Additions. 3 vols. Bvo., with Portrait, 365.
SIR JAMES MACKINTOSH'S MISCELLANEOUS WORKS.
Edited by his SON. 3 vols. Bvo., 425.
London : Longman, Brown, Green, and Longmans.

MAUNDER'S POPULAR TREASURIES.
New Editions, corrected and enlarged, price 10s. each work, fcp.
Bvo., cloth ; or 12s. bound in embossed roan,
Nip. MAUNDER'S FOUR TREASURIES.
1. THE BIOGRAPHICAL TREASURY ; a Dictionary of
Universal Biography ; comprising above 12,000 Memoirs.
2. THE HISTORICAL TREASURY: an Outline of Universal
History ; separate Histories of every Nation.
3. THE SCIENTIFIC AND LITERARY TREASURY a
copious Popular Encyclopaedia of the Belles-Lettres.
4. THE TREASURY OF KNOWLEDGE, and Library of Re-
ference ; a Compendium of Universal Knowledge.
London : Longman, Brown, green, and Longman.

In Twenty-one volumes, Quarto, illustrated by 506 Engravings on
Steel, and many Thousands on Wood, The
FNCYCLOPIEDIA BRITANNICA.
Seventh Edition. Edited by Professor NAPIER.
At Index of 68,000 References, compiled with great industry and
judgment, is appended to the work, forming a'ready key to its mul-
tifarious contents.

" This is the really cheap Encyclopaedia, for that only is cheap
which is excellent. Now that the country is being deluged with
diluted stuff, compounded from Germany and America, what hope
is there for the science and literature of England, that publishers
dare ever again venture en such another work as this.—Athenteum.
" An Australian or New Zealand settler, who left his home with
no other accomplishment but that of being able to read, write, and
count, might, with such a companion, beguile his long and weary
voyage, and become a well-Informed man before he reached his
destination."—Quarterly Review.
Adam and Charles Black, Edinburgh; and sold by all Booksellers.

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Kingdom free of charge.

SUICIDE by the SWISS GIANTESS.
On Friday evening an inquest was held at the Red
louse Tavern, Battersea, before Mr. Carter, one of the
coroners of the county of Surrey, and a respectable jury,
on view of the colossal remains of Eliza Laurence, alias
Madame do Letzi, but who was better known as the
Swiss Gitintess, which had been picked up in the Thames,
near that place, on Wednesday morning. From the
evidence adduced it appeared that on Wednesday morn-
ing, about eight o'clock, Rock, a waterman belonging
to the Citizen Pier, near the Red House, while on the
pier, observed the body of the deceased floating up the
river with the tide, upon which he jumped into a boat
and took it on shore. On searching her pockets a piece
of paper was found, upon which 'was written, "No. 3,
Shorter's-gardens, Seven Dials, knock twice and ask for
Emma." Rock called at the address, and on knocking
twice, as directed, was answered by Emma, a young
and diminutive female, who had been ascertained to walk
with the deceased in Regent-street and that neighbour-
hood, and on taking her to the Red House she at once
identified her old companion, the Swiss Giantess. The
last time the deceased was seen in the neighbourhood
of her residence was Tuesday night, when she called
at a public-house in Sherrard-street, Golden-square,
when •she asked a female for a penny, saying she was
in great distress, and had had nothing to eat for
twenty-four hours, or very little from the Monday be-
fore. She also complained of the state of abject poverty
to which she was reduced, being without a farthing, or
a farthing's worth of property to raise money on, and
said she was going over Waterloo-bridge, and that she
had a great mind to stop there and make a hole in the
water; but whether she had done so there or elsewhere
there was no evidence to prove. She was, however, seen
upon Waterloo-bridge at ten o'clock on the Tuesday
night, which was the last time she was seen alive. She
was 51 years of age, and had never been married, but
had one child, a son, who did not live with her.
The jury, after hearing evidence to the above effect,
returned a verdict of " Suicide, while labouring under
temporary insanity."
This woman, who was well known to the pedestrians
of London, not only from her extraordinary height, but
also her proportionably bulky appearance, passed many
years of her life in a caravan, and was conveyed from
town to town and exhibited, under the title of Madame
de Letzi, the Swiss Giantess. During this time she natu•
rally acquired idle habits, and when she was turned out
upon the world, in consequence of her want of continued
attraction, the adopted the dissipated life which eventu-
ally led her to commit suicide, for she could not bear to
be pointed at in the street as a woman without morality
and character. She more than once went to Waterloo-
bridge with the intention of destroying herself, and was
persuaded by her companions, or those passing, from
committing the crime. .

GREEN-YARDS.—Mr. Joseph Woodward, livery-
stable-keeper, St. Martin's-lane, has forwarded us a
statement which we deem it right to make public, for the
sake of all who ride or drive in London, and who may,
by any circumstance, be compelled for a moment to leave
their horses or vehicles. Mr. W. had driven a very
valuable mare, the property of Mr. Cogan, of the glass
warehouse, Leicester-square, a long journey ; he pulled
up near Drury-lane Theatre, and, whilst absent for a
moment, some idle boys began teazing the mare ; on his
return he interfered, and was ultimately taken into
custody—his horse and gig sent to the green-yard. (As
the horse and gig had committed no offence, they might
have been sent home instead, we think.) The next
morning, on inquiring where the " green-yard" was, he
was informed that " Mr. Perkins, Little Russell-street,
Drury-lane, vas the green-yard." lie went there, and
found the mare extremely ill. Mr. P. (the green-yard),
had given the poor animal no bed, and, though he must
have perceived it had been driven hard and fast, no corn ;
the poor thing had been lying shivering on the stones all
night. For this " care" Mr. Perkins charged four shil-
lings and sixpence. When remonstrated with for this
conduct,
he replied, " My instructions are a little hay,
and water, if they want it ; nothing else." Common
humanity might have induced Mr. Perkins to give the
horse a bed and a feed, especially as, keeping a livery-
stable, it could have been no trouble to him ; or if he
did not choose to give, he must have been assured, hav-
ing a valuable mare in his possession, that the owner
would willingly pay any charge, if that of four shillings
and sixpence was deemed insufficient. We should like
very much to know to whom that fee goes. An altera-
tion in the green-yard system is imperatively called for. .
Should a stable boy taking through the metropolis the
most valuable racer in England, meet with an accident,
the horse would meet with exactly the same treatment,
and, probably, thereby forfeit all his engagements.—
Swiday Timer,

SPIRIT of the PUBLIC JOURNALS.
FROM THE MORNING PAPERS OF THIS DAY.
TlMES.—Telegraphs and cannon have by this time
informed the world that the Church of Mocha has wit-
nessed the double marriage of the two sisters of Spain.
On one of these events we may at least offer our best
wishes, if not our most joyful congratulations, to the
Spanish people. Isabella 11. is united to a native Prince,
who brings in his train no elements of discord, and offers
no stormy prospects as the price of his alliance. Don
Francisco introduces no foreign influence to injure or
insult the people of his country, his descendants will not
be liable to the jealous intervention of neighbouring
Powers as the unlawful heirs of a forbidden birthright,
nor will Spain be taught to regard them as debarred
by right from a succession to which they are intro
duced by blood. Far different is the case with her
Royal Highness the Infanta. Her consort arrives
amongst a people whose detestation of his 'pretensions
can hardly be drowned in the purchased acclamations
of noisy crowds well trained and carefully posted on
his road. They see through the schemes of his family,
and know the extent to which he is disqualified by
solemn engagements for the position which he is ex-
pected to fill. He is either thrust upon them with a
deep purpose or with none. If the latter, his intrusion
is a gratuitous insult to the nation, endangering its re-
lations with friendly powers, which, less perhaps than
any state in Europe, it can afford to peril, and creating
causeless suspicions and empty discontent. If the
former, Spain is condemned to a perpetual dread of a
detested influence, and to the reflection that the descent
of her crown will entail war and bloodshed upon un-
known generations. The next heir to the Spanish
crown is either disinherited, or she retains her inherit-
ance against the voice of public law and the decision of
Europe. Why should the Spaniard§ have been compelled
to see their Infanta reduced to such a strait ? What
compensates her Royal Highness for her political loss or
her political attainder ? Why should she contract a
marriage which entails the nullification of her Tights,
great or small, distant or approximate ? Why should
she have been driven into such a mesalliance? If, as the
organs of the Chateau declare, it was a duty imperatively
incumbent on France to see that at least such reward as
Louis XIV. did reap by 20 years' expenditure of blood
and treasure should be secured to his descendants—if
such influence as France for the last century has con-
ceived herself to possess in Spain from the consan-
guinity of the two royal lines, should be preserved by the
rigoreus exclusion of any princely interloper—even
under all these conditions was it absolutely necessary
that the equilibrium of Europe should be threatened,
public faith sullied, amicable relations disturbed, a
nation insulted, and a princess amerced of her expecta-
tions, to put such a security instantaneously beyond a
doubt ? Was there any remote probability that the
blood of Philip V. would be lost in a more northern
current ? M. de Lamartine has loudly proclaimed the
utter impossibility of such an event, and shown how
small a proportion the gain bears to the risk in the late
stroke of Louis Philippe and his Cabinet. No interval of
postponements, explanations, or manoeuvres could have
damaged the legitimate connexion of the two Bourbon
stocks, though it might have impeded 'the precipitate
and unlawful schemes for their eventual fusion.
Louis Philippe has done the' deed. He has done
it quocunque mode—whether clumsily, as the French
Opposition conceive, or dexterously, as M. de Lamar-
tine imagines, we shall not here discuss. If report
speaks truly f the royal countenance, it would appear
that he was prepared, as we have no doubt was the case,
to encounter and neglect more forcible remonstrances
than it has been thought fit to interpose, and that he is
delighted to find the cost fall so far below the estimate.
He has got, at an expense which, perhaps, he may con-
sider reasonable, a prize which he was resolved to get at
any expense whatever. The deliberations originally
attending the project could hardly have been unaccom-
panied, we should imagine, either by the suggestions of
conscience or the misgivings of doubt; but from the first
overt act to the final entry of the French Princes it is
clear that not a moment was to be allowed for reflec-
tion or hesitation either to himself or others. It was not
probable that any of the European Powers, though un-
consulted and over-reached, would interfere by imme-
diate violence to stop the marriage of a Princess of whom,
as well as of the rights she conveyed, they were here-
ditary guardians. The times were not favourable to such
coups de tonnerre. It was conceived that royal mar-
riages had so far lost their influence and significance that
in such matters one Court might circumvent another
without any of those national explosions which are more
immediately unpleasant than the protests of au outraged
ally, or the consequences of a damaged character. What
Louis Phillippe expected to result from his stroke may
perhaps be inferred from his satisfaction at what has ac-
tually occurred. He is overjoyed that England has done
no more than reiterate a solemn protest, and point to
treaties dishonourably infringed. He is rejoiced that the
balance of European power, which apparently the
Orleans dynasty can so securely neglect, is only seri-
ously threatened by the marriage of one his sons. He
is delighted that no further tumult has occurred in the
country on which he has imposed his progeny than the
avowed discontent and turbulence of the whole popula-
tion, the apparition of an armed pretender to the Crown,
and the jeopardy of that very throne, the reversion of
which has lured the French Augustus into such
unusual temerity. A Prince of honoured name and
serious claims is about to raise his standard in Spain,
availing himself of the detestation with which the com-
pulsory policy of the Queen's Government is viewed to
divide the allegiance of the nation, and discreetly pro-
mising the preservation of those constitutional rights,
and the fulfilment of those constitutional duties, in de-
fence of which his family was superseded. King Louis
Philippe has given an opportunity to the Count de
MonLemolin of avowing such sentiments. He imperils
the inheritance of a helpless family either for no cause
whatever, or to secure its reversion to his own. He in-
fringes the public law of Europe, in the preservation of
which every monarch is interested alike. He estranges
a friendly Power, and lowers the character of his Cabi-
net in every Christian Court ; and then the richest So-
vereign of the West is unable to dissemble his joy at
having so cheaply secured a settlement for his fourth
son. With what note in the French calendar will the
10th of October, 1846, be hereafter marked ?
CHRONICLE.—To a superficial observer, the result
of the revenue for the year ending on Saturday last,
which we this day publish, will not appear flattering or
even satisfactory, notwithstanding the slight increase of
88,2461. which it shows, compared with the year ending
the 10th of October, 1845. The prominent fact on the
face of this statement is, that the most important and
permanent item of income—the Customs—exhibits a
deficiency of no less than 501,6191., and that the small
balance in favour of the year is chiefly produced by
placing against that large deficiency an excess of
421,5881. from " miscellaneous" and casual sources, on
which we have no right to build any permanent
calculations for the future. If, however, we turn to
the comparison of the quarter, the accounts for the
present year exhibit, in every item which can be
taken as a test of the condition of the country, or
of the permanent prospects of the revenue with
the single exception of " stamps "7---a most gratifying
and satisfactory result. The Customs show an increase
of 462,4721., the Excise of 226,8204, the taxes of 8,6611.,
the Property-tax of 148,2451., the Post-office (notwith-
standing the extraordinary amount collected in the cor-
responding quarter of 1845, owing to the railway mania)
of 8,0001,, and the Crown lands of 15,0001.; while the
stamps, attributable to the enormous expenditure under
this head in 1845 for railway deeds, show a deficiency of
5,811/.; and miscellaneous (a mere accidental source of
income) of 59,5481.—exhibiting, on the whole, a balance
in the total ordinary revenue of the quarter of no
less than 803,339/. ; which balance is, however, re-
duced, by smaller receipts on account of " imprest
moneys" and " repayments of advances"—neither
having reference to general revenue considerations—to
539,0641. So great, however, have been the changes
which have taken place in the two most important
sources of revenue—the Customs and the Excise—during
the periods embraced in these accounts, that it is impos-
sible to form a fair comparative estimate, either of the
years or of the quarters to which they refer, without
changes.consideri ngFhiroswt—faars tfhaeryasharveegabrdeesnthineflyueeanrc,eidt
isb neces-
sary s
to take into account the reductions in the Tariff
made in 1845, and to examine how far those reductions ap-
papnea. nrciongclusion as the receipts on each year,
as to the real charac-
terplbeforeied
w
of the large deficiency in the
theecome
sums t
to
ay
Customs, or look
upon it as any test of the state of trade. In the session
of 1845 the reductions in the Tariff on the articles
of sugar, cotton, and four hundred and thirty other
articles, and on the export duty on coal—all included
under the head of " Customs"—amounted to no less a
sum than 2,418,000/4 and as the year ending October
10, 1845, had, during the first half of it, the advantage
of those higher rates of duty, we have a sum of
1,209,0001., which should be deducted from the Customs
receipts of that year, in
order to put it in a fair compa-
rison with the one just expired. Moreover, there were
further reductions in the Tariff in the last sessionof Par-
liament, affecting the annual revenue from Customs to
the amount of at least 400,0001.—which
reductions
apply
.only to the latter half of the present year. So
that in making. a comparison between the Customs
duties received in the two years ending October 10,
1845 and 1846 respectively, in order to test the prosperity
of business during the two
the in question, the sum
of 1,409,0001. should be added to receipts of the latter
year, as representing
the amount of duties relinquished,
of that year are concerned,
as far as the receipts
but of which the receipts of 1845 had the advantage.
As far as the extent of business has been transacted, the
latter year, in place of a deficit of 501,6191., as exhibited
would havegiven an increase
of
in the actual receipts, w
no less than 907,3811. under the same circumstances. We
do not, indeed, pretend
sayabtoove state
that, had thaduties re-
mitfujd unaltered, the
would its a pre-
,f what the revenue actually have been.
cise view e t of practical importance in these
the w .
But this is just, re would direct the attention of our
accounts, to which . ....ding revenue to the amount of
readers. Duties.repres _ - the last of the two years
1,409,0001., as applicable %led, while the revenue
under comparison, have
been repo;
even the first, year,
has only suffered a loss,
a reduction
of 501,6191.! The have gamed
and a half
of duties, in round figures, one million
:
sterling, while they have lost, in f the shape
reve-
nue, little more than one-third of that sum. But: the
public have gained much more : they have gaine4,

the whole of the advantages which have resulted
from the extension of commerce, consequent upon the
greater facilities afforded by a more liberal tariff. They
have gained all the advantages of that trade, the greater
amount of which has contributed proportionately so
much more revenue. They have profited by a better
employment of our shipping—by commissions upon the
increased amount of our imports—by the profits, whole-
sale and retail, which have applied to the distribution of
this increased quantity of commodities ; and finally,
though most important of all, the whole public have
benefited by the increased supply and lower cost of all
that contributes to their material wants. Again—a
comparison of the Excise duties for the year furnishes
an equally gratifying result. An increase on the year
of 18,717/. is shown in the Revenue tables ; but it must
be borne in mind that in 1845 a reduction took place in
this branch of revenue, by the repeal of the glass and
auction duties, amounting to 892,0001. on the year, but
which reduction applied only to one-half of the year
ending October 6, 1845, while it applied to the whole
of the year ending the 10th instant ; so that to make
the comparison of the two periods perfect we must add to
the receipts of the present year one half of that sum.
The quarter's accounts—and especially as far as regards
the Customs—are, even in a greater degree than those of
the year, illustrative of these advantages. Notwith-
standing the reductions in the Tariff in the last session
of Parliament—which -for the single quarter are equal
to about 100,0001.—the increase in the present year,
compared even with the prosperous and busy quarter
ending the 10th October, 1845—is no less than 462,4721.
We have relinquished import duties upon the quarter
equal to 100,0001.; we have gained revenue to the
amount of 462,4721. Nor is this attributable, as some
may suppose, to the large amount of duty received on
corn when the new corn-law first came into operation,
that sum having been included in the quarter ending the
sth of July.
ADVERTISER,—We publish to-day the revenue
accounts for the year and quarter ending on the 10th
instant ; and our -readers,-we 'are sure, will share with
us the gratification we feel at the prosperous state of the
nation's affairs, as unfolded in these returns. It will be
seen that the total increase on the year, as compared
with the year ending October 10, 1845, is 88,2641.,
while on the quarter, as compared with the correspond-
ing quarter of last year, the increase is no less than
539,0641. In the Customs department there is a
decrease on the year of 501,6191„ but on the quarter
there is an increase of 462,4721. This is a most
cheering fact, inasmuch as the Customs have always
been regarded as affording the best test of the pros-
perity or otherwise of the trade and commerce of the
country. The only two heads under which we
find a deficit on the quarter, are those of the
Stamps and Miscellaneous. In both instances, the
defalcation is insignificant. In the first-mentioned
department it only amounts to the trifling sum of
5,811/., in the second it is 59,5481. Under the bead
Post-office we have an augmentation on the
year of 114,000/., and on the quarter of 8,0001.
This addition will be bailed by the country as an indi-
cation of an increasing intelligence among us. In the
Excise department there is an augmentation amounting
to 182,717/. for the year, and of 226,8201. for the quar-
ter. This is a most gratifying increase; for there can-
not be a better proof of the prosperity of the country,
next to that afforded by an augmentation in the Customs,
than is furnished by the immense additional consump-
tion of excisable articles which is indicated by the
figures last quoted. The Property-tax, too, has largely
partaken of the general prosperity; for on the year we
find an increase of 205,031/, and on the quarter of
148,2451. These returns, we repeat, are of a most en-
couraging kind. It is a long time since any revenue ac-
counts were so much calculated to afford gratification to
the country. They prove that the finances of the na-
tion are in a most healthy condition. The depression
under which the country laboured is now rapidly passing
away. The gloom which has, for nearly twelve months,
hung over the money market, will be forthwith dispelled,
and confidence, which is the very life and soul of mone-
tary and commercial prosperity, will be everywhere re-
stored.
HERALD.—We have before us the official return of
the revenue of the nation for the quarter and the year
ended on Saturday last. The figures there fixed afford
to us much more reason to congratulate the British
public upon the condition of the country, thus evidenced,
than sanguine hope could before to-day have bespoke or
predicted. There are but two departments of the na-
tional resources which exhibit a decrease--Stamps show
a diminution of 5,8111. upon the quarter's calculation;
but there is an increase from them upon the year of
21,7591. over the receipts of 1845. Again, there is a
diminution of the quarter's receipts from " Miscella-
neous." sources, which amounts to 59,5481., but there is
an increase in the revenue derived through this channe)
during the year, which amounts to 421,888/. With re-
gard to this " Miscellaneous" item there is seldom much
to say, infrequently food for a paragraph of spe-
culation; but in reference to Stamps let us just
write a phrase or two. The consumption of stamps
is generally a strong evidence of the condi-
tion of our commercial prosperity or adversity.
It is true that stamps are largely " used up" for purposes
not strictly mercantile, and that the test of our stamps
revenue cannot be always applied to the condition of the
commercial affairs of the country. Yet we must say
that we do not like the aspect of this decrease in that
department. So much for decrease. Let us now turn to
that which• appears to be the position of the nation
manifested by the statement of the national resources
before us. The official table shows an increase of
revenue for the present year compared with' the last
amounting to 88,2644, and the increase for the quarter
is 539,064/. In the Customs department there is a
decrease for the year of 501,6191., and an increase for
the quarter of 462,472/. In the Excise there is an increase
for the year of 182,7171., and for the quarter an augmen-
tation which amounts to 226,820/. From the Property-
tax, there has been derived an increase for the year of
205,0311., and for the quarter of 148,2451. The Post-
office returns an increase of its income for the year
of 114,000/4 but upon the quarter just completed
the augmentation is but 8,0001. With the other items
included in this return remark can have but little to do,
as they cannot exhibit any means convertible to the salu-
tary purposes of deduction in reference to the financial
state of the United Kingdom. We may now proceed
briefly to analyse the materials of which this official do-
cument is made up, and endeavour to glean from them a
glimpse of the position in 'which the country is as a re-
ceiving and a paying nation—of its capacity to contain
within itself the resources from which it may derive sub-
sistence, and of the immediate results of the measures
which Governments have of late thought necessary to be
carried out for the public weal, for the imperial welfare.
We have said that we do not like the aspect of the de-
crease in tie revenue derived from stamps; but when we
compare it with the quarter's revenue obtained from the
Post-office we must confess that in reference to our trade
and commerce the appearances are yet more unsightly.
The increase on the year from the Post-office is 114,000/.
Throwing into the scale the obvious comparative de-
crease in the quarter's revenue from this department, we
should nevertheless have had an augmentation for the
quarter just ended, when compared with the other three
quarters of the year, which should amount to 28,2001.
For this sum we are compelled to read 8,000/. But we
will not descend to metaphysics when plain figures are
before us—we will merely reiterate our impression, that
with regard to a wholesome state of commerce the ap.
pearances are unseeming.

MANCHESTER CHAMBER OF
COMMERCE.

ITS REPRESENTATIONS TO GOVERNMENT.

(From the Manchester Courier.)
We stated in the Courier of Saturday, that the navi-
gation laws had attracted the attention of the Manchester
Chamber of Commerce. We now present a copy of
the memorial which has been forwarded by the Directors
to the Lords of the Treasury, and officially acknow-
ledged :
" TO THE RIGHT HON. THE LORDS COMMISSIONERS OF

HER MAJESTY'S TREASURY.
The Memorial of the Directors of the Chamber o

Commerce and Manufactures at Manchester

" Showeth—That your memorialists;;;-e;iremely
desirous that her Majesty's Government should take into
earliest consideration the present state of our navigation
laws.

" That whatever may have been the motive under
which those laws were originated, it will not now be
denied that the intelligence of the age demands a revi-
sion, if not a total abandonment of them.

" That for many years past the impossibility of re-
taining them against the United States of America, and
subsequently against several other nations, was ad-
mitted, and specific relaxations decreed by the Legisla-
ture ; but the wise policy adopted in the last session of
Parliament calls, in the opinion of your memorialists,
for an immediate reform or abolition of them as against
all the world.

"That your memorialists call for such reform or
abolition on the grounds of sound policy and justice, the
injurious consequences of those laws having been often
practically experienced ; but they grieve to add, that
the dispensations of Divine Providence seem to them to
render the correction instantly necessary.
" That, under the most afflicting circumstances in
which many portions of this empire are now placed in
respect to food, your memorialists would fain hope that
a paternal Government will not suffer to remain upon
the statute-book for one unnecessary instant those mis-
chievous and partially devised provisions of law, which,
operating at all times and under all circumstances against
the true interests-of the bulk of the people, aggravate at
the present moment their ordinary injustice, by adding
to the difficulty of providing against impending famine.
" On the grounds, therefore, of policy, justice, and ne-
cessity, your memorialists humbly, but most urgently
pray, that your Lordships may take into immediate con-
sideration the whole of the provisions of the navigation
laws, with a view to provide such remedies as the well-
being of the people imperatively requires.
" Manchester, Oct. 1. 1846.'_ _ _

The disturbance of the trade of India by the system
pursued in respect to bills and the rate of exchange by
the East India Company has also been forced upon the
attention of the Manchester Chamber of Commerce, and
the following memorial to Lord John Russell, in his
capacity of First Lord of the Treasury, has been the
result:—

"TO THE RIGHT HON. THE LORD JOHN RUSSELL, M.P.,
FIRST LORD OF HER MAJESTY'S TREASURY.
" The Memorial of the Directors of the Chamber of
Commerce and Manufactures at Manchester
' " Showeth—That your memorialists deem it high
time to draw the special attention of her Majesty's Ca-
binet to points in the administration of Indian affairs,
which they consider to be directly opposed to the spirit,
if not to the actual letter, of the Act 3d and 4th. of
William IV., cap. 85, and most injurious to the perma
nent interests of their fellow-subjects in India, as well as
to the trade between Great Britain and that portion of
the empire.
" That your memorialists hold that by the Act just
named, it was intended by the Legislature that all right
in the Hon. the East India Company to trade for their
own profit, in common with others, his Majesty's sub-
jects, should be suspended during such time as the go-.
vernment of the said territory should be confided to them.
" That notwithstanding the will of Parliament so dis-
tinctly laid down, the Honourable, the East India Com-
pany commenced, immediately after the passing of
the Act, a system of dealing which doubly interfered
with others of the trading subjects of his Majesty,
by disturbing the prices both of goods and
money. Under the plea of securing the safe receipt
of funds for the discharge of the Honourable
Company's liabilities in this country, warehouses were
opened at all the Presidencies, where money advances
were made to those who were willing to deposit goods,
to be controlled by consignment to -the company in
Leadenhall-street; and at the same time they issued
bills on India in return for money paid to them in Lon-
don. The effects of this double operation could not
long be concealed; the markets of India were ruffled—
becoming elevated at one time by the power which the
Company's money advances there gave to bold adven-
turers and reckless speculators, and languid at another,
when those borrowed means were locked up. Facti-
tious disturbances like these render impossible that safe
and equitable system of commerce by which alone the
solid interests of both producer and consumers can be
internationally developed; and these disturbances have
been further aggravated by the arbitrary manner in
which the Honourable Company have been in the habit
of fixing the rate of exchange at which their advances
in India, or their bills in London, have been granted.
It is, therefore, no source of wonder to your memorial-
ists that India has been visited by periods of commercial
depression and distress more frequently and more se-
verely than any other portion of her Majesty's domi-
nions; and they do not hesitate to express their opinion
that such will continue to be the case so long as the sys-
tem of which they complain shall be permitted to be
practised.
"That these sentiments have long been entertained
by your memorialists, for they were submitted by this
Chamber to the President of the Board of Control by a
deputation, in February, 1835, and, at his desire, in a
detailed statement dated March 18, 1835 ; by memorials
to the First Lord of the Treasury, and to the Board of
Trade, on February 10, 1836 ; and again to the Board
of Control in a memorial, dated December 7, 1843. All
complaint was ineffectual, and the system continued ;
but the evils attending it attracted at last the attention
of the Governor-General in Council, and the opinions
of your memorialists received the strongest confirma-
tion in the publication of the following important do-

cument :

" ' Fort William, Financial Department,
Aug. 4, 1843.
" `NOTIFICATION.—Notice is hereby given, that the
Government of India has recommended to the home au-
thorities the expediency of discontinuing, as soon as pos-
sible, the present system of making advances in Inch°,
upon the security of goods to be hypothecated to the
East India Company.
" ' The Governor-General in Council is of opinion
that the full supplies required to meet the wants of the
Home Treasury can be raised in England by the Ho-
nourable the Court of Directors by the sale of bills on
India, without any necessity for the intervention of the
Government in the. Indian markets, and he is desirous
of relieving the trade of India from the irregular in-
trusion of a competition which is governed principally
by the political exigencies of the State.
" The Governor-General in Council is aware that
private interest may be injuriously affected by the sud-
den discontinuance of any system that has long been in
operation, and he issues this timely notification of his
views upon a subject of the gravest importance to the
mercantile community connected with the trade of India,
in order that they may not be unprepared for a change
of measures which the Government of India is urging
strongly on the attention of the home authorities, and
will be ready to carry out at the earliest opportunity.
" By order of the Right Honourable the Governor-
General in Council.

(Signed) " J. A. DORIN,
" Secretary to the Government of India.'
(EXTRACT FROM A.LETTER.).

" Calcutta, Feb. 12, 1344.
" ' As tho:Government warehouse is still open to make
cash advances on East India produce, at the exchange
of 25., we presume Lord Elleiiborough's recommendation
of their suspension has not met with support from the
Court of Directors.'

(EXTRACT.)
" Government now make Ccaaslchutat da ,v
aSneop.
ets
01 1844.
n 7,
produce
against bills of exchange, at Is. Ild. ten months date,
and they will not advance 1844.45 a sum exceeding
800,0001., and have notified their intention of gradually
reducing such cash advances on produce here, and in-
ducing more extensive purchases of treasury drafts in
England.'

(EXTRACT.)
" Calcutta, Jan. 23, 1845.
" This morning Government publishes a notification,
to the effect that advances will now be made on East
India produce, at the exchange of Is. lOd. ten months
date. Thus all our hopes of an advancing exchange are
suddenly blighted; a more untoward event at this crisis
could not have happened.'
" Fort William, Financial Department, May 31,1845.

" NOTIFICATION.—Notice is hereby given, that the
sum to be provided in India during the official year
1845-46, for the service of the Honourable the East India
Company in London, by bills of exchange to be secured
by the hypothecation of goods, has been fixed at 800,0001.
sterling.

" It is further notified for general information-, that
of the sum of 800,0001. sterling required from India
during the past year 1844-45, only 272,5791. sterling
have been raised by bills upon England, and that deduct-
ing supplies received from other sources, a balance of
457,8711. sterling remains to'be provided, which it may
be necessary to add to the demand for the current year.
" The rate of exchange at which bills are to be drawn
will continue to be Is. 10d. per Company's rupee until
further notice; in all other respects the existing terms
and conditions of advances to be made by the Goyerli-
ments of Bengal, Madras, and Bombay, will remain in
force, and be the same as advertised in the Calcutta Ga-
zette, under dates the Ist of April, 1842, and 23d of
August, 1844.

"_
'By order of the Right Honourable the Governor
General in Council,

" J. A. DORIN,
" Secretary to the Government of India.'
"'Fort William, Financial Department,
Dec. 22, 1845.
" NOTIFICATION.—Notice is hereby given, that as the
amount of the year's supply required from India by the
Honourable the Court of Directors, in aid of their home
treasury, has been provided in full, no further advances
on the hypothecation of goods will be made by the
Governments of Bengal, Madras, or Bombay, during the
course of the current official year.
" By order of the Honourable the President of the
Council of India in Council,
" J. A. DORIN,
" Secretary to the Government of India.'
" But, notwithstanding this published declaration of
the local Government, other interests prevailed, and the
system was still confirmed. In the early part of this
year, however, the news arrived that the Honourable
Company had closed their hypothecating warehouses in
India, and had announced that no further advances on
the hypothecation of goods would be made in any of the
Presidencies during the course of the then official year—
that is, from the 22d of December, 1845, to the Ist of
May, 1846. In the hope that wiser counsels were about
to prevail, and feeling that no permanent good to India
could arise from a temporary abandonment of the sys-
tem, your memorialists forthwith addressed a memo-
rial to the Court of Directors of the Honourable Com-
pany, dated Ist of May, expressing their satisfaction at
the closing of the hypothecating warehouses, and pray-
ing that the system might be finally abandoned, and that
the fact of such final abandonment might be promulgated
by themselves throughout all the Presidencies. To this
memorial it was replied that the Court did not deem it
expedient to abandon the system of remittance; and,
within a few weeks, the Honourable Court published a
notice in London that advances on the hypothecation of
goods in India would be made there to the extent of
800,0001., up to the Ist of May, 1847. Your memo-
rialists cannot know the motives which have induced this
mischievous step; for experience has proved that if con-
fidence could be placed in the discretion and continuity
of purpose of the Court of Directors, abundance of means
would be provided for the legitimate wants of the Go-
vernment, by payments into their London treasury
against bills on India. The ordinary requirements of
the Honourable Company in England are about
3,000,0001. a year; during the, year 1845, when the
pawning system was in force, the receipts by them in
London, against bills of India, amounted to 3.188,722/.;
and from the 24th of January to the 6th of September,
of the present year, the sums so paid in London amount
to 2,296,000/., being at the rate of 3,300,0001. for the
year.
" Your memorialists are aware that a money pressure
has existed for some time in India, towards which many
causes may have combined; but they believe that no
cause contributes more to disturbance and pressure than
the system of which they complain. It cannot be ex-
pected that adequate capital can flow into India, either
for the ordinary occupations of commerce, or for appli-
cation to land culthre, so long as every operation and
every interest can be arbitrarily interfered with by the
pawning propensities of the Government. India has long
suffered from these causes. Commercial capital has, in-
deed, been used by starts, but never without suspicion of
danger; nor will it be fully applied until released from
the apprehension of being unconsciously brought into a
rivalry with the Government, or being suddenly and