The Sun.
London, England, 1848-10-31 00:00:00

TUESDAY EVENING, , OCTOBER 31, 1.81 R„

the deep by the small insect known by the name of sea
lice being tound on it, never seen but on salmon new
from the sea, and which fells off the fish when a few
days in the fresh tester. It was on Balhepburn, ono of
Lord Wein) sa'st;st:itigstations on the Tay, a little
above the quay ef Leeliyra, the marked fieb was taken
on Friday morning, the 4th inst.—Ne:the,n Warder.
SUICIDE FROM REVERSE OF FORTUNE.—Yesterday
an inquest was held on the body of James Orpwood,
aged forty years, who was formerly in an affluent posi-
tion, and was the Owner of a vary large drug establish-
ment. He failed in business, and having become very
much reduced his mind became affected, and he cut his
throat with a raz )r. Verdict—" Temporary insanity."
DEATH PROM EXCESSIVE GRlEF.—Yesterday an
inquest was held on the body of Daniel Rogers, aged
twenty-seven, a respectable and steady young man, a
compositor, in the employ of Messrs. Clowes, printers,
who died frdm exhaustion, produced by paroxysms of
insanity, the result of intense grief for the death of his
wife. Verdict accordingly.
SHAXSPERIAN READlNGS.—Yesterday evening Miss
Kelly gave the second of a series of readings from
Shakspere, at the Whittington Club. The play se-
lected for the reading was Romeo and Juliet. Miss
Kelly's delivery of the exquisite poetry of the drama
was pleasing and judicious, the various characters being
admirably individualised. The large room was well filled
Tile EXPECTED HIGH TlDES.—Yesterday notices
were posted in various parts of Lambeth and other dis-
tricts, near the water-side, cautioning the inhabitants
against the high tides that are expected to visit the
Thames. The following remarks concerning the same
may be read with some interest:—" High tides may be
expected on or about the 29th of October to the Ist of
November, and from the 10th of the same month to the
15th, and from the 24th of November to the Ist of De-
cember; also on the 9th of December, the 15th, 24th, to
the Ist of January, 1849. The height of the tide will
of course depend on the wind. If from the northern
points, and blowing hard, the tides may be anticipated
unusually high, from the great quantity of rain which
has fallen, and the amount of land water now about the
locks on the river. Every precaution should therefore
be taken by owners and tenants near the shores in suf-
ficient time, as the destruction of property is likely to be
most disastrous."
THE ASSYRIAN ANTIQUITIES.—It is with infinite
regret we have to state that the cases of Ass}rian
sculpture, &c., which huve reached the British Museum
from Nimrcud, via Bombay, have suffered so much in
their transit as to have greatly impaired the value of
some, and utterly destroyed the usefulness and interest
of others. The whole are in a bad or ruined condition,
and obliged to be placed in skilful hands to amend and
restore what is possible. The drawers generally had
been so carelessly packed with stone and glass, or vitri-
fied substances and alabaster, mixed together, that the
latter frailer materials have been, in many instances,
broken to pieces or ground into dust. The destruction
in this respect is irreparable. The ivory subjects and
carved stones and inscriptions, though mutilated, are not
so fatally lost; and when they are cleared of the mud
and dirt in which they were found by Mr. Layard, and
forwarded to England, will, we trust, lead us to a more
certain knowledge of this ancient world, the people,
their arts and histories. We presume that several
weeks must elapse before the antiquities can be in a fit
state to be shown to the public. In addition to tho mis-
fortunes we have mentioned, we are sorry to say that
some of the most precious of the relics which reached
Bombay have not got from thence to London. By
whom or how extracted does not appear; but certain it
is that they were seen in India, and are not among the
packages forwarded to
.England. And it is lamentable
to think that, after having been preserved by mother
earth for three thousand years, they should have been
brought to the light of day only to perish.—Litcraty
Gazette.

PRESENTS FOR HER AIAJESTY.—The vessel Le
mud, which has arrived at the port of Bristol from the
west coast of Africa., has brought a package containii g
presents for her Majesty the Queen. The package was
directed to the Right Hoe. Earl Grey, her Majesty's Se-
cretary of State fur the Colonies, and has been forwarded
to town for delivery at its destination.
TUE WHALERS.—Yesterday (Thursday) morning
the Alexander, Captain James Sturrock, jun., arrived in
our harbour, with six fish, averaging between fifty five
and sixty tons of oil. In the afternoon the Horn, Capt.
Sturrock, son., arrived with four fish, averaging foi t)-
eight or fifty tons. The Princess Charlotte, followed in
her wake, with lour fish, reckoned to be from forty-five
to forty-eight tons. In the passage going out, the Alex-
ander lost two men, one being tainted with fever pre-
vious to leaving, the other person being afflicted with a
chronic disease; otherwise, the crews of all the vessels
were healthy. The Advice is expected every tide, as
Captain Sturrock of the Horn spoke her on Sunday last.
—Dundee Advertiser.

THE Alumna NEAR SEVEN OAKS.—Yesterday
the woman who was found murdered, on the Bth inst..
in a field near Halstead, in Kent, was identified as Sarah
l'reeman, wifo of Richard Freeman, who formally kept
the Royal Exchange public-house, at Dover, and who
was subsequently employed on the Eastern Counties
Railway as a taskmaster, and at the Bank of England,
as a carpenter. The deceased had been separated from
her husband several years, and, during that time, has
travelled the country with a man with whom she
cohabited. Mr. Cantu adjourned the inquest, opened
at the Cock Inn, Halstead, till Friday.
A WHALE CAUGHT IN THE HUMBER.—A few days
since a fine whale was caught in the Humber. Th:s
monster of the deep was first seen on the 12th inst., a
little above Hessle, and on the ebbing of the tide it had
floated about a mile below Barton, and was seen lying
on the far shore opposite Mr. Eddie's farm. It was dis:
patched with all possible speed, and on being measured
it was 30 feet in length and 13 in girth. It was after-
wards brought down to Hull, and conveyed to one of the
Greenland boiling yards.—Hall Packet.
SALISBURY CRAGS.—From the recent heavy rains,
several large masses of rock have lately been dislodged
from the south-west side of Salisbury Crags, opposite
St. Leonard's, and precipitated upon the Raical-road,
and into the valley below. Two heavy masses fell on
the evenings of Tuesday and Wednesday, in which se-
veral tons of rock were hurled down the steep side of the
Crags, fortunately without injury to any one, and by
the diligence of the keepers of the Park, the debris
which was loft upon the Radical-road was cleared away
soon after notice had been given of the occurrence.—
Caledonian Mercury.
The private advices from Rio de Janeiro are down
to the 13th of September. The exchange on London
was 231 to 24k; the rate for Paris remained nominal.
The local stock was 85. Freights generally were consi-
dered dull, numerous arrivals having latterly taken
place, and engagements for the Channel had been made
at from toe. to 555.

The Smyrna accounts reach to the 14th instant.
Business in merchandize was limited, and in no single
article had material alteration occurred. The fruit crop
was almost finished. High prices were maintained fur
the best descriptions, figs in particular having a good
market. The Eschange,upon London was 115 to 1151 p.
the pound sterling. Letters have een received from Constantinople
to the 15th instant. The rate of exchange upon Eng-
land had varied ye?little, and was still quoted about
110. Shipments grain were being made at 9s. Gd. to
103. 6d., but fewvoessei s had been taken up. There was
scarcely any business fur foreign ports. All the markets
remained quiet.
MURDER IN HEREFORDSHIRE. —On Friday, at
Braley, a wretchedn drunkard, named Whitford, mur-
dered his wife.
was partially intoxicated, and on
attempting to go out
lucked
obtain more liquor, and finding
that his wife had the door, he suddenly seized a
heavy piece of woo and beat out her brains by repeated
blows. The murderer was secured next day.
LAUNCH OP A MODEL BRIG AT EASTWELL PARK.
—On Thursday last a brig, built for the Earl of Win-
chilsea by our talented townsman, Mr. Duke, was
launched at Eastwell Perk. This vessel is a perfect
model, on scab or an 18-gun brig of 382 tons ; her
length is 60 feet ; breadth, 15 feet 6 inches ; depth, 7
feet 6 inches. The tpacious lake in which this elegant
specimen of naval architecture lies mcorcd and rigged is
a mile in length, and about a quarter of a mile in breadth,
and from the diversified scenery surrounding presents a
view of enchanting magnificently. The weather on the
occasion was very auspicious, the launch' proved most
satisfactory, and Mr. Duke was highly complimented on
the successful production of so great an ornament to
Eastwell Park. Among those present to witness the
launching were Viscount Maidstt ns, Lord Sydenhum,
E. R. isicy, Esq., M.P., and others, who, after the core-
, mony, retired to partake of the Noble Earl's hospitality
at Eastwell ilousc.—Dever Telegraph.
WORKHOUSE "CROPPING."_ 'he guarding of the
union workhouse at Mansfield, Nottinghamshire, have
(as it appears by their local press) adopted a method of
cropping the hair of _ wayfarers who ask aid in the house
for a night, so that when . they are turned out in the
morning, everyone
wears ihe appearance of a thief, and
more so as the" eroppi,n,g'.' is done in a most coarse and
disgraceful manner. Ihrs union workhouse at Mans-
field has, frem one cause and another, earned a very
unenviable notoriety. Who authorises this mode of
treatment to wayfarers, we should like to know? Does
the Assistant Pcor-law Commissionaer for that district
know of it? Do the Board of Commissioners know of
it ?—From a Correspondent.
THE LATE FIRE ON CAMBERWELL. GREEN.—YeS-
terdzy Mr. Inspector Campbell, of the P division of
police, waited on Mr. William Cutter, the coroner of the
district, while holding an inquest at the Wellington
public house, Camberwell, and informed him of the
desire that he should hold an inquiry touching the late
calamitous fire at the brewery of Mr. Fleming, on Cam-
berwell-green. Mr. Carttar replied that he had some
delicacy in originating inquiries of the sort in his dis..
trict. Mr. Campbell said it was the particular wish of
that such an inquiry should take
the Messrs. Deming
place before a jury, who would have an opportunity of
viewing the premises, and calling such witnesses as they
might deem proper before them. Dlr. Carttar said he
did not wish to stand in the way of such an inquiry,
though the case was under the investigation of the ma-
' gistrates, who were the competent authorities, and who,
he doubted not, would thoroughly sift it. Ho (the
coroner) should, on a written request being forwarded to
to him, consider the matter, and in all probability have
a jury summoned fcr the purpose.
On Thursday night, as a person who formerly kept
a restaurant, wa
ia s returning home along the run du Fau-
bourg St.
with a locksmith, one of his friends,
Ilonor
they were accosted by four men, who began to speak to
them so familiarly that they were told to go on. A dis-
pute arose, but the two men forced the others to fly.
They then continned their way, when one of the men
returned and broke a bottle of sulphuric acid on the head
of the locksmith, and burnt his face dreadfully. Some
of the acid however, flew bock on the face of the perpc-
trator of this treacherous act, and prevented his making
off, so that he was arrested. The locksmith lies in the
Hospital 13eaujou in a bad way.—Paris Paper.

COURT Cr3.CULA
WINDSOR, MONDAY.
The Queen anti Prince Albert took their usual
early ny:raing walc.
The Royal Family walked and rode in the plea-
sure-grounds around the Castle.
Her Majesty, attended by the Hon. Miss Kerr
(Maid in Waiting), sod Major• General Wemyss
(Equerry in Waiting), took a drive in Windsor Park
in the forenoon.

The Earl and Countess of Clarendon are expected
to arrive at the Castle this afternoon, on a visit to
the Queen and his Royal Highness.
Prince Albert, attended by the Earl of Listowe
(Lord in Waiting), Captain the lion. J. Denman,
and Colonel Seymour, went out shooting in Wind-
sor Park.

The royal dinner party at the Castle this evening will
include her Royal Highness the Duchess of Kent, her
Serene highness the Princess of Hohenlohe Langen-
burg, their Serene Highnesses the Princess Eliza and
Prince Victor of Hohenlohe Langenburg, Lady Anna
Maria Da vx son, Baroness de Speth, the Earl and
Countess of Clarendon, and Sir George Couper.
The band of the 2d Life Guards attend during
dinner ; the Queen's private band afterwards attend
in the Castle.

Their Royal Highnesses the Duke and Duchess of
Cambridge visited her Royal Highness the Duchess of
Gloucester yesterday, at Gloucester House.
A deputation, to present the address of the Peace
Congress, lately held at Brussels, to Lord John
Russell, had an interview with his Lordship yester-
day, at his official residence in Downing-street. The
deputation consisted of M. Visschers, Conseiller des
Mines to the Belgian Government, President of the
Congress ; William Ewart, Esq., M.P., Vice-Presi-
dent; Elihu Burritt, Esq., Vice-President, United
States ; Rev. Henry Richard, Secretary to the Peace
Society, representing M. Francisque Bcuvet, Vice-
President and Representative in the French National
Assembly for the Department de l'Aur ; and John
Scoble, Esq., representing M. Suringar of Holland,
Vice-President.

Mr. Brotherton, M.P., had an interview with Sir
George Grey, yesterday, at the Home-office.
Mr. Moffatt, M.P., had an interview yesterday with
Lord John Russell.

UNIVERSITY INTELLIGENCE.

THE PUBLIC ORATORSUIP.

CAMBRIDGE, OCT. 30.—The official return of the poll,
taken on the contest for the Public Oratorship, agrees
exactly with tko numbers telegraphed by our corre-
spondent at the close on Thursday night, viz. :—Bateson,
4544 Williams, 396. Mr. Williams has issued an address
of thanks to his supporters, in which he says:—
" I cannot take leave of the contest in which we have
been engaged without some expression of gratitude to
those by whom it has been justly earned. We have not
succeeded in attaining our object; but I can never regret
an attempt, in which so many old friends have given me
most convincing proofs of kind regard, and many mem-
bers of the &nate, whose approval is iu itself distinction,
have recorded their unbiassed votes in my favour.
" There are many also among my opponents who have
treated me with a courtesy of which I must beg them to
believe me not insensible." _

Mr. Dawson having complied with all the statutable
formalities, has been duly installed in the office.
Thu Cambridge Chrolicle presents the following
analysis of the poll:

COLLEGES.

St. Peter's
Clare Hall
Pembroke
°taus .

Bateson. Williams.
... 4 18
... 13 19
... 15 9
... 8 35
... 6 1
... 13 6
- 1 70
... 13 25
- 3 11
- 13 14
- 24 13
... 247 12
- 29 6
- 43 119
- 18 24
- 8 4
- 2 9

Trinity Hall
Corpus
King's . .
Queen's
CaLliarine Hall

Jesus ...
Christ's ...
St. Jollies
Dlagdblene
Trinity ...
Emmanuel
Sidney
Downing ...

Total ...

... 458

396

Among the more prominent members of the Senate
who recorded their votes for either candidate are the fol-
lowing :
FOR MR. BATESON.—The Vice• Chancellor, the Bishop
of Chester (Master of Christ's), the Masters of St.
John's, Magdalene, Corpus, and Emmanuel, and the
President of Queen's ; Professors Blunt, Challis, Fisher,
Havilatid, Peacock, Scholefield, Starkie, and Willis ;
Marquis of Exeter, Lords Godolphin. Fowls, Bray-
brooke, and C. Hervey ; Sirs E. H. Williams, H. Fitz-
herbert, and J. Romilly ; Honourables J. E. Pepys, and
G. Denman.

FOR MR. WiLmAsts.—The Provost of King's, the
Masters of Trinity, Caius, Catharine Hall, St. Peter's,
Clare Hall, and Downing ; Professors Clarke, Jarrett,
Maine, Pr) me, S'dgwick, and Walmisley ; Lords Lyt-
telton, Hereford, E. Bruce, and A. Compton ; Sir J. R.
Eustace, the Astronomer Royal (Professor Airey).
TIIE BOTANIC GARDEN.—The plantations in the ex-
terior heft of the New Botanic Garden-ground, put in in
the autumn of 1846, are growing remarkably well, and
promise in a very forty years to afford efft ctual shelter to
the interior of the garden. The trees in this belt con-
sist of those natural families which contain the specimens
of largest growth. The interior part of the ground has
been trenched and prepared, and the hardy herbaceous
plants, to the number of 1,776 species, hare been trans-
ferred from the old garden to the new one. Contributions
of 890 species, in which the garden was deficient, have
been received lately from known cultivators, to whom a
list of the said deficiencies has been sent.by the curator.
Other parts of the ground which have been prepared for
planting are destined for receiving the various shrubs
and trees of smaller growth ; and in order to
take advantage of the present season, the planting of
these portions of the arboretum will (in accordance with
a recommendation of the Botanic Garden Syndicate) be
immediately proceeded with. The Syndicate have re-
commend; d to the Senate that the Vice-Chancellor be
authorised to expend upon the same a sum not exceed-
ing 100!.
PEMBROKE COLLEGE.—Charles Octavius Budd, M.A.,
and NV idnnn Haig Brown, 8.A., have been elected Fel-
lows of the Lbove-named society.
QUEEN'S COLLEGE.—The undermentioned students
have been cleated Scholars of this college.—Yorke,
Kirkman, Edwards, Wadley, Langhorne, and Lyde.
GONVILLE AND CALUS COLLEGE.—John Tozer, M.A.,
has been elected a Senior, and the Rev. Benjamin Heath
Drury, hl. A., a Frankland Fellow of the above-named
college.

SPORTING INTELLIGENCE.

TATTERSALL'S.-YESTERDAY.

Too much time was occupied in settling for the last
day's racing at Newmarket to admit of any regular
betting. A few investments, however, were made on the
Worcester Steeplechase and Derby, at the undermen•
tioned prices :

WOECESTER STEEPLECHASE.
7 to 1 agst Peter Simple
7 to 1 agst Miss Burns
9 to 1 agst Abd•el•Kader—taken
9 to 1 agst British Yeoman
10 to 1 agst Proceed—taken
10 to 1 agst Royston Gower--taken
12 to 1 agst Justice to England—taken
12 to 1 agst Red Lancer—taken
DERBY.
12 to 1 agst Lord Clifden's Honeycomb—t to 1501.
16 to 1 agst Mr. Gully's Osterley
1,000 to 25 ag't Mr. Pulley's Old Dan Tucker—taken
and afterwards offered
1,000 to 25 rgst Lord Stanley's Strongbow—taken and
afterwards offered
1,000 to 25 agst Mr. Bowes's The Knout (Emma colt)
1,000 to 20 agst Sir C. Mona% Caststeel colt
No one %mild lay more than 7 to 1 agst Tadmor, and
we question if 5 to 1 would have been got to any money
agst The Flying Dutchman.

OAKS.

400 to CO egst Lord Chesterfield's Sister to Arkwrigbt
—taken
THE HOUGHTON MEETING.
SU3IMARY OF THE WEEK'S RACING.
Total number of stakes 76
%To% by favourites
Won by nou-favourites
Forfeits
Horst s entered .. 515 I Horses started .
Total gross amount of stakes
Subscriptions £14,830 Public Money given £450.

▪ 28
• 36

SCRIUE'S "VICTIM OF THE JESUITS; OR, PI.
QUILL() ALLIAGA.
"—The int xhaustible invention of
Scribe never appeared to higher advantage than in this
clever novel. For wit and adventure, " Piquillo Alliaga"
will bear a comparison with the reno7vned. " Gil Bias,"
while it possesses those higher qualities of romance in
which the chef d'ceuvre of Le Sage is deficient. The
author has chosen for his subject that period in Spanish
history when all the intrigues of the Jesuits and the
threats of the Irquisition were resorted. to, in order to
induce Philip 111. to banish from his kingdom the most
valuable portion of his subjects—the " Moors of Spain."
We cannot pretend to give an outline of the plot of this
engaging story; it is too full, both of character and incl.
dent, to all us to do so. It is so skilfully coastructe
that there appears nothing improbable in the manner in
which Piquillo passes from the slave of a party of ban.
dits till he becomes the confessor to the King of Spain,
and the real ruler of the c3untry. It is one of the most
original and striking romances of modern times, but is,
in fact, ulso one of the most unexceptionable. There i;
nothing in the construction or incidents of the story that
can offend either the taste or morality of the reader,
while all must admire, not only the great ability, but the
historical knowledge embodied in it. We have seen
other translations of it, but none which preserves so well
the spirit of the author arid the liveliness of his style.—
Britannia.

WEsTmlNsTnn BRIDEWELL.—The visiting justices
are about to appoint an assistant chaplain to the Now
l3ridewell in Tuthill •fields. The average number of
persons confined is 600, a proper attention to whose
spiritual requirements it is considered impossible for a
single minister to effect ; and in order to carry out
more fully the reformation of criminals who may be
sent for puni;diinent to this gaol, a clergyman of the
Church of Ei:gland is to be appointed to assist the pre-
sent chaplain in his Ctiristian endeavours. The stipend
has been fixed at 2004 a year.

RAIL WAY INTELLIGENCE.
AMIENS TO BOULOUNE.
The general me( tiag of the shard:old( rs of this com-
pany was bold on :'.:-..tnrday, October 28, in Paris; M. C.
Lafiitte, the preAdent, in the chair. Near him was seated
the following directors :—M.M. Blount, Calley de St.
Paul, Lbuillier, Adam, Fontaine, Baxendule, Lewis
Cubitt, and Captain Tynclal. The meeting was eieeed-
ingly numerous, not less than 10;293 Ames being repre-
sented. The Secretary proceeded to read the report.
This document gives a very favourable account of the
position of tne enterprise, and presents this striking pe-
culiarity—that the whole of the Boulogne line has been
completely finished with the sole resources of the capital
subscribed, and without any appeal whatever having
been made for additional funds, notwithstanding the ex-
ceedingly difficult circumstances which have arisen
during the last two years. The report stated that the
line was opened in the spring of 1848. With the defini-
tive stations at Boulogne and Abbeville, the whole of the
works of the line were terminated. As the intercourse
between England and France had for the moment fallen
off, the board of directors had determined to fit up, for
the present time, as a passengers' station, part of the
constructions originally intended for goods; a saving of
500,000 f. had been thus effected. The following table
which you have before you indicates the manner in which
the expenses of establishment incurred since the com-
mencement to September 30, 1848, have been divided:—
Chap. 1. Expenses anterior to the consti- f. c.
tution of the company ... 418,713 65
Chap. 2. Administration ... 650,691 11
Chap. 3. Ground ••• 50326,329, 21
Chap. 4. Engineers ... ... 891,315 81
Chap. 5. Works undertaken ... 16,620,760 44
Chap. 6. Fixed stock—Way 8,507,379 42
Chap. 7. Moveable stock 4,346,376 55
Chap. 8. Interest paid ... 2,602,500 00

39,,066 19
" The state of the finances at the momento64 when the
revolution of February took place was as follows :—The
debts of the company to the contractors and furnishers
of articles of various kinds amounted to about 2,600,000 f.
The assets were composed--1. Of the balance of the
caution-money. 2. Of the balance to receive on the
capital. 3. Of various values in hand amounting to
1,639,414 f. 86c. 4. Of disposable sums at the banker,
of the company, handed over to them for the payment of
the bills which we had drawn on them. But the general
discredit which resulted from the events of February was
such, that it was impossible for us to get the values which
we were possessed of discounted, although being of the
very best description, and we were obliged to wait for their
successively falling due; on the other hand, the finan-
cial crisis, which weighed so heavily on all kinds of en-
terprise, and on the whole country, also struck the
bankers of the company; so that the holders of our bills
having delayed to present them, we found ourselves
creditors for a sum of 973,2871. 9c. Steps were taken to
obtain from the Government the reimbursement ( f the
balance of the caution-money; and necessity as well as
justice rendered it a dutj for us to invite the share-
holders who were behind hand to complete the payment
of their calls. On the other hand, we obtained from our
creditors a delay of two years. At the same time, we
successively received an account of the values which we
held in hand, and which amounted to 1,693,4141. 86c.,
a sum of 1,399,2261. 21c., or 85 per cent. ; and one of
20 per cent. of the amount of our credit account with
the bankers of the company. This amount of sums
received permitted us to finish the works on the line, and
to reduce our debt to the contractors and furnishers to
561,220 f. 80e., fcr the payment of which there remain to
us the following assets:--

f. c.
1. Balance to receive on the capital . 22,350 00
2. Balance to recover on the values which

we hold 340,188 59
3. Balance of tlk bLor account
4. Cash in hail('

Total 1,237,453 34
u &ducting from the amount cf thLse
assets, Ist, the residue of the debts,
or

561,220 f. 80c.
2d, the sum of 450,000f. 00e.

1,011,220 80

There will remain to us a balance 0f... 226,232 54
" We are therefore perfectly justified in declaring
that the social capital, with the addition of the interest
which it has produced, has fully sufficed, not only for the
construction, properly so cull( d, of the whole line from
Amiens to Boulogne, but still more for the payment of
interest on the sums paid up to October 23, 1847, and
which interest mount( d to not less than 2,636,674 f
56c., whereas the interest received reached a sum of
only 1,060 700 f. 67e." The report then goes on to say,
that a sum of 750,000 f. was to be paid for interest from
Octol-er 23, 1847, to April 17, 1848, as well as a loss on
the difference of exchange on the sums paid up in
England of 431,558 f. 19c., making in all 1,181,558 f. 19c.
There were three modes of arriving at a liquidation of
these charges:-Ist. A deduction from future receipts;
2. A loan; and 3. The consolidation of these debts into
bonds, the mode of paying off which could be fixed by
the general meeting. The third mode is recommended
as best suited to the present state of business. " We,
therefore," says the report, "propose to you to decide that
in exchange for the acknowledgments of liquidation of
interest and difference of exchange which were to be
delivered to you, there shall be given to you bonds of
500 f., bearing interest at 4 per cent. per annum, and
which shall be reimbursed in the following manner:—A
sum of 47,262 f. 33c. shall be, during five consecutive
years, appropriated to the payment of the interest of
those bonds; end from the expiration of these five years
a sam of 100,000 f. shall be devoted, part to the payment
of the interest, land the remainder to the reimbursement
at par of a certain number of the bonds so issued, se-
lected by lot, the drawing of which shall take place
in the month following the general meeting. This
debt, by the sinking fund thus calculated, will be
paid off in sixteen years." The report then speaks
of the results of the working of the line for the past
year. The receipts have amounted to 1,512,493 f. 44c.,
and the expenses to 928,607 t. 73c., leaving a clear profit
of 583,885 f. 71c. Conformably to the proposition which
we have had the honour to submit to you as above, we
demand your authorization to exchange these different
' reconnaissances' for 2,363 bonds of 500 f. each, subject
to an interest of 4 per cent., and which shall be reim-
bursed in the following manner:--During five years
from this day a sum of 47,262 f. 33c. shall be
appropriated annually to the payment of the interest of
the bonds so issued. At the expiration of these five
years a sum of 100,000 f. shall be appropriated annually
to the payment-Ist, of the interest of the bonds; 2dly,
to the paying off of these bonds. In this manner the
whole sum of 1,181,558 f. 19c. of bonds issued will be
paid off in sixteen ) ears from the expiration of the five
years above mentioned. Every year in the month suc-
ceeding that in which the general meeting is held, the
drawing shall take place, by lot, of the bonds to be
paid off. The result of the drawing shall be made
public conformably to article 6 of the statutes." This
report was favourably receiv( d. The different proposi-
tions contained in it were then put from the chair and
adopted; after which the meeting separated.