The Sun.
London, England, 1856-10-17 00:00:00

Government debt.... 11,015,101
Other securities.- 3,459960
Gold coin and bullion 9,589.300
Silver bu11i0n........ -

.C 21,064,400
d. MAR311.4.U, Chief Cannier.
1846.

,PAETMENT.

Government securities

(ineludir.DeadWeight
Annuity) .......... 11,275,50 r,
Other semtrittes...... 21,049 117
Notes • • .. 3 521,0,0
Gold sad tit ver coin.. 5a0,6 i 7

£26.8G3,Z09
a-. 31AR.311,111., Chief Ge,4%,,er,
L 656.

COITDSE OF TTC,BANOE.—Tars DAT,
.Am5terdam............ I Gibra?tar •• •. .•

- ,
Ditto, three months .. 11 19 ,4 Leghorn •• .•• 29 61
Rotterdam ........ 11 19,4 Genoa ...... ..••

Antwerp 25 47 • • -
Brussels 25 47!:, Venice ........ ••
ilanburgh .• .. •• •• • • 13 Naples •••• . • .• .....• •
Altona • • ............ Palermo ........•• 120
Paris .. • • 25 35 !' Messina .. ... 130,A;
Ditto, three mouths .. 25 85 I, Lisbon .. 52
Marseibes ............. ,;.) 9) ; Oporto .............. • . 52%
Bourleaux ........ -- I Itio Janeiro ..... .• • ....
Frani:fort-on- 123 I Buenos Ayres.... ••
New York,6o days' sight
.... 10 48 Philadelphia ....

. lO 50
Petersburg ...... ....
Madrid ..• •• •• •• •, a• •• 491 A
Cadiz
Barcelona ............

PRICES OP BIILLICN, prr. oz.
Foreign Gold in Bars .£0 0 0
Portuzal Gold Coin .. 0 0 it
Mexican Dollars .... 0 0 0
New Dollars 0 o 0
4irtrer ban/ 0 0 0

HARVEST HOME AT Elm PARK.—On Saturday Emo
Park presented a happy scene ; its hospitable owners,
the Earl and C )untes-, of Portarlington, having given a
harvest home to the numerous workpeople engaged on
their estates. Covers were laid for 100 persons, who
partook of a substantial and excellent dinner. Tae wives
of the labourers were entertained at tea during the din-
ner. In the evening the merry dance commenced, and
was kept up with spirit until 11 o'clock. During the
dinner the Earl and Countess of Portarlington went
round the tables to see that every attention vcaNi paid to
the labourers. In the evening they returned to the scene
of festivity, accompanied by Lady Anna Maria Dawson,
his lordship's aunt, and the other guests who had been
at Emo Park.—Leinster Express. •
LADY FRANKLIN'S " ISABEL.”--Who has not read of
the little vessel fitted out by Lady Franklin to assist in
the fruitless search for her lamented husband, Sir John
Franklin, and his gallant crew ? That vessel, the Isabel,
has been unknown to most of us, for a long time lying
idle in this port, a painful memento of broken expecta-.
tions and " hope deferred,"—alasl how long deferred.
The Isabel is a brigantine, of about 150 tons, fitted with
screw machinery. She is a strong wooden vessel, as
befitted the service she was placed in, made still stronger
with a coating of iron plates, to enable her to withstand
the rude shocks of Arctic icebergs. She has recently been
purchased by a gentleman here, who intends to employ
her in carrying iron stone to South Wales. The Isabel
is now lying at Tranmere Pool, preparatory to being
placed in the eravicg dock there by Messrs. Redhead,
Harland, and Brown, who have been entrusted with the
work of repairing her. The screw aperture in her stern has
been filled up with wood since her Arctic voyaging, but
this is to be taken out, and her engines being still on
board she will be refitted with a screw. This interesting
little vessel is of the most ordinary appearance imagin-
able, as common-place looking craft as the veriest col-
lier that ever was passed by with contempt by the
skipper of a coasting clipper ; and yet a world of
romance is contained in her story—the story of a heart-
broken, faithful wife, sorrowing, but patiently, for a
long-lost husband, lost, we fear, never more to be found
in this wide world of trial and suffering.—Liverpool
Courier.

I. AD VERTD3ENRNT.] SIGHT AND HEARING SPECTACLES
POWERFUL TRLBSCOPES, OPERA, RACE, AND PEREPECTIVii
GLASSES.-111 eESTS, S. and B. Solomon, opticians, 39, Alba.
marle-street, Piccadilly. Obsevve—opposite the York Hotel.
By leer Majesty's Royal Letters Patent for valuable and
extre.ordinw improvements in the most powerful and
brilliant Telescopes, Camp, Racecourse, Opera, and Per. '
epeive Glasses, to know the distances. These telescopes
possess each extraordinary powers that some three and hlf
telescope can be seen a
inches, with an extra eye-piece, still show distinctly Jupiter's
moons, Saturn's ring, and the doable stars. With the same
half distant, person's countenance three miles and a
and an
with
from 16 to 20 miles. They are of
Royal Exhibition, 1851.
larger awl at; size's
powerful waistcoat-pock increasing powers accordingly,—Tae
a person can be seen sada:
Yaluable,uewly-invented,verysmall,
glass, the size of a walnut, by which
every purpose on the rac flown li miles distant ;they answer
country scenery, and e-eeurse'
and at the opera houses,
They are invaluable for shipso are clearly seen at 8 to 10 miles.
gamekeepers,
deer-stalking, yachting, to
sportsmen, gentlemen, eepers, and tourists. Opera,
co-corase, camp, and
perspective glasses, with wonderful
:ex
power. Newly-contracted Spec
tele Lenses of the great-
est transparent power. valuables. advantage derived
etrentghtehiernesdi;
from this invention is, that
vision
htaua most minute occr -
cud very
t aged persons are
n becoming impaired is
enabledprese
ry
to employ
preserved
pation— can see with these leases of a
mu
ing power—and they do not require the frequent change'
ell
less
niagniT'y -
to the dangerous effects of further powerful assistance.
Personecan be suited at the most remote part of the world,
by sending one of the glasses out of their spectacleste iu a
h letter, and stating the distance from the eyes they can
have
read
small newspaper print with it; and those who
not made 1132 of spectacles n. by stating their oo
Deaf.
ness. -- New Di: cu eery. The Organic Vihrato'r:
an
trawciinarygpowerful, email, newly-invented instrnmentefo x-
deafness, entirely different from ail others, to Surpass
any-
thingof the kind that has been, or probably ever aan be,,
e,
produced. Being of the same colour as the skin, is not per.
ceptible ; it enables deaf persons to hear distinctly at church
and at public assemblies ; the unpleasant sensation of singing
noises in the ears is entirely removed ; and it affords all tl.e
assistance that possibly could be desired.-39, Albemarle-
street. Piccadilly. Observe—opposite the York Hotel.
CHESTER AND HOLYHEAD RAILWAY.—Traffic return fc.r
the week ending Oct. 11, 1856 .27,052 0 0
Corresponding week last year 6,111 0 0

Int:roue in 1856'.... £94l 0 0

THE PERSIAN EXPEDITION.

(From the Bombay Telegraph.)

The following are some of the regiments which are to
form a part of the Persian expedition :—The 3d troop
Horse Artillery, two field batteries, her Majesty's
64th Foot, the 2d European Light Infantry, the 4th
Native Infantry (Rifles), the sth Native Infantry, the
22d Native Infantry. Bushire will, of course, be the
first object of attack, after the landing of the troops on
Karrack Island ; which, we suppose, will be made the
grand depot of the expedition. According to Capt.Brucks,
this island "is about four and a half miles long, and rather
high in the centre ; the fort is situated in lat. 29 deg. 15
min. 20 sec. N., lon. 50 deg. 18 min. 50 sec. E. It was
built by the Dutch, and is in pretty good repair. good
water is plentiful, and poultry may be procured. Pilots
for Bussora are also procured at this place► It is under
the government of Bushire. The anchorage in a north-
wester is good in eight fathoms ; in a south-easter you
are obliged to shift round into the channel between it
and Korgo. Variation 4 deg. 15 min. W." After having
established themselves on Karrack, the force, we sup-
pose, will next proceed to invest Bushire, situated on the
mainland. " The flag-staff of the residency at Bushire is"
—we learn from the same authority—" in lat. 29 deg. 0
min. 15 sec. N., long. 50 deg. 61 min. 30 sec. E. It is a
town of considerable importance, being the port where all
the British and foreign trade with Persia centres. It is
walled in, and about two miles in circumference. Its
bazaar is well supplied from the country with all sorts of
provisions and fruits; and a number of merchants reside
here, who carry on a very extensive trade ; caravans
arrive and depart daily. There is no water in the town
that is drinkable—all is brought from places about two or
three miles distant. The Shaikh or governor has, in addi-
tion to Bushire, all the places on the coast from Bunda
Denim to Halilla under his authority, and several places
15 or 16 miles inland. His government is despotic in the
extrema, and having four ships besides several large
buggalows of his own, he engrosses most of the freight,
as he will not allow the merchants to ship their goods on
any other vessel until his are loaded. The anchorage is
in a road formed by two banks, 2,i miles off the town,
having from 4to 2 fathoms at low-water, soft muddy
bottom." _ _

Although the Persians have been engaged, for a con-
siderable time, in fortifying Bushire, yet we do not
think it would long resist any heavy bombardments. Its
capture and occupation will be the first great event of the
war ; and whether it terminates at this point or not,
will, we imagine, greatly depend upon the Court at
Teheran. The Shaikh of Bushire can bring clouds of
horsemen into the field • but their reputation for bravery
is extremely questionable ; and their general equipment
mean and meagre. When driven beyond their stone-
Wall defences, the Persians, we expect, will offer but
little opposition on the plains. As, however, there are
few enemies so weak as to be aliogether'despicable, it is
to be hoped that those entrusted with the command of
the expedition will take every precaution to ensure suc-
cess : as a surprise, or a reverse, however trifling, would
be attended with consequences of a very serious nature.
The Persian winter is the most favourable season of
the year for the conduct of military operations. Dr.
J. M. Hyslop, residency surgeon at Bagdad, in a paper
contributed to the Medical and Physical Society, in
1854, thus writes :
"As there is a probability of this country ere long
becoming the seat of military operations, in which an
Anglo-Indian army might be called upon to take part, it
may not be thought supererogatory to mention, as the
result of seven years' experience, what appears to be the
best and most likely means of preserving health and
preventing disease. As no extensive military move-
ments could be carried on during summer on account of
the heat, it would be advisable that any body of men
coming here should arrive at the beginning of winter,
and not at the end of it. From October to May the
seasen is cool, and the climate is everywhere good ; but
from May to October exposure to the sun would be
fatal, and even in tents the heat would be very trying
to European constitutions ; indeed, if possible, European
troops should be moved to the hills during summer, or
if not, they should have airy and capacious barracks,
cooled by tatties and punkahs. Excellent tatties can
be made here at a very trifling expense ; they consist
of a light framework of date wood, filled up with camel
thorn, which grows everywhere in abundance. The
camelthorn should be renewed every mouth, as, being
kept constantly wet, It soon decays and becomes offen-
sive. By these means tents even can be made wonder-
filly cool; all the requisites are in abundance; date
wood and camel thorn can be procured at an
almost nominal price ; the barrack or camp of course
would have a plentiful supply of Water, and there
is generally enough f wind to carry on evaporation from
the tattles. Commonly the nights are cool, even after
the hottest days, and althougu we occasionally have
heavy dews, experience has not ehoan that sleeping in
the open air has any injurious effect, if due pr: cautions
he taken to prevent a sudden chill and check of the per.
spiration—indeed sleeping in a room wouid be impossi-
ble. As sound and refreshing sleep is desirable at all
timeg, and after the exhausting effects of a hot day neceea
sary for the preservation of health and vigour, and as
sand -s and mosquit )es render sleeping nearthe ground
very probernatical, it would be well in this matter to
Whys the cu-.toms of the country, whereall sleep on the
top of the houses during the five hot months. In win-
ter flannel and warm clothing are necesseary, particu-
larly for Indians, who buffer from cold, and are subject
to rheumatic and pulmonary affections. Twelve months
after the arrival of an arniv in this country, probah:y
half of the number .w,Aild be suffering from the Bag !ad
boi!, Lore cabed " do,.e-,nark," and as it trenerally attacks
the hands and feet of adults, a considerable portion might
be incapa.citntt.d for duty. This is a disea,,e fram which
scarcely a person escapes who resides here in autumn ;
it is devoid of danger, but tedious, and I know cf no
means of preveetien or of cure. It is utlneces':ary to
eat r more into detail on the sanitary means to be
adopted and the precau'ions to be used by an army in
this country ; they may be summed up in a few words.
Bussora, and the low country should be
eve ided in summer and autumn, expo aura to the sun in
the months cf June, July, Auguct, and September should
be guars ed against, and the beat cf tents or barracks
should be mitigated as much as possible. During the
months of December, January, and February we have
the opposite extreme to guard against. At that time
flannel and warm clothing are necessary, and fires
even might occasionally be used with advantage.
Ae it is always advisable to have a station at no
great distance which might bey used as a sanatorium
for the more speedy and complete recovery of those
affected with fever and chronic viscera complaints, we
have for selection the whole raege of the Luristan and
Kurdistan mountains, the choice being determined by
political considerations, and the position of the army ;
the latter, however, need not have much weight, as the
river is navigable an far as Tamarch, which is only a few
days march from an eligible situation in Kurdistan. The
Turks have no military sanatoria in this pashalic, but
their hospital in Bagdad show that the sick are not un-
cared for. The house was not originally built for the
purpose, and of course it is defective in structure and
design ; but the wards, although small, are not over•
. crowded, and are always well ventilated ; the strictest
cleanliness is enjoined and practised ; the hospital bed-
ding and clothing are excellent, and the supplies of me-
dical stores and implements are on the •,...iost ample and
liberal scale. Those are procured from Paris, and are
of the best description ; but the instruments, scientific
and surgical, do not seem to be much used; indeed,
the Turk trusts more to his kins:nut than to the skill
of the surgeon, and operations are rarely, if ever, per-
formed.

SPIRIT OF THE _RUSSIAN CIRCULAR.

(Front Punch.)

An Ambassador has been defined to be a man sent
abroad to lie on behalf of the commonwealth. With a
slight alteration this definition will suit a Russian am•
bassador. He is to consider himself as a man sent
abroad to lie on behalf of the Czar.
To render a master the service of a lie is to honour
him with an act of the deepest humility that a human
being can perform to his superior, and is therefore the
most acceptable homage that we can cffer to our august
Emperor.
The views of our Imperial Master on the Naples ques-
tion wit 'be best consulted by steady and determined
lying.

In order to lie systematically, and with succesr, it is
necessary to know the exact truth which is to be falsi-
fied.

It snits the purpose of our august. Master to compare
the threatened interference of England and Franco with
Naples to the actual interference of his Majesty's late
father, Nicholas, of blessed memory, with Turkey. It
will be, therefore, your duty to persevere in insisting
that the two cases are precisely similar, until further
orders. To do this effectually you must clearly under.
stand that they are very different.
His late Imperial Majesty interfered with the G..vern•
merit of the Sultan in order to obtain a footing in his
dominions, under pretence of demanding justice and
toleration for his Christian subjects. If his alleged
motive had been his real one, he would of course have
been content with obtaining the securities necessary for
his professed object, in conjunction with the Western
Powers.

England and France propose to interfere' with the
Govetnment of the King of Naples with the sole view of
inducing him to treat his subjects in a manner accordant
with their ideas of humanity and justice. There is no
doubt that they have not the least intention of usurping
any portion of his authority or dominions.
The only resemblance between RuFsian interference in
the affairs of Turkey, and Anglo-French in those of
Naples consists in the mere fact of interference. Be-
tween one proceeding and the other there is an immense
moral distinction. You are required to assert and argue,
in the most positive manner, that there is none what-
ever. 'You will also vehemently maintain that our au-
gust master's motive in protesting against Anglo-French
dictation to the King of Naples is a sense of justice ;
because he regards it as an attempt to govern in King
Ferdinand's stead, and an open declaration of the right
of the strong against the weak. •

Always, however, bear in mind that such is not our
august master's motive, and that he thinks no such thing.
Understand that he is really actuated by a fear for the
right divine of kings, in which the belief of men will be
shaken by the success of an attempt to compel the King
of Naples to govern his people otherwise than as he
feels proper. The Emperor wiskes to enforce the doc-
trine that Kings and Emperors (by divine right as con-
tradistinguished from popular election) are amenable to
no human censure, and that any torments or other out-
rages, which it may please them to inflict on their, sub-
jects, are to be regarded 'in the same light with divine
afflictions and punishments.
You will disseminate the lies necessary for the main-
tenance of this doctine in all quarters wherein they are
likely to obtain any' credit.

GOLTSCHAKOFF.

Sporting Intelligence.

NEWMARKET SECOND OCTOBER MEETING.

THURSDAY.

Sweepstakes of 10 sovs each, for 2 yr olds ; colts, Bst
71b ; fillies, Bst 51b. The winner to be sold for 40
sovs, if demanded, &c. First half of Ab. M. (3 fur-
longs, 215 yards.) (5 subs.)
General Peel's Inspiration, by lago, Bst 51b
(Flatman) 1
Mr. Hawk's Admiral of the White, Set 71b (Kendall) 2
Lord Anglesey's c by St. Lawrence out of Azimuth,
Bst 71b .......................................... (Fordham) 3
Mr. Des Vaduz's Pulk, Bst 71b (Ashmall) 4
Betting-7 to 1 aget Inspiration ;2to 1 agst Admiral
of the White ; 4 to 1 agat Pulk, 7 to 1 agast Azimuth
colt. Won by a length ; three-quarters of a length be-
tween the second and third, moderate fourth. The win-
ner was claimed. . .

Sweepstakes of 10 sovs each, for 2 yr-olds and upwards.
The winner to be sold for 300 sovs, if demanded, &c.
First half of Ab. M. (3 furlongs 215 yards). (10
subs.)
Mr. Fawcett's Old Fashion, by Melbourne, 2 yrs, 6st
71b............................................... (Fordhana) 1

Mr. Brown's Flyaway, 3 yrs, Bst 31b... (T. Cliff) 2
Mr. T. Walker's Oltenitza, 3 yrs, Bst 31b...(Aldcroft) 3
The following also ran :—Polly, Turbit, Dramatist,
colt by Sotterley out of Lady Love, First Fly, Duke of
Lancaster, Cantrip.
Betting-3 to 1 agst Old Fashion, 4to 1 agst Flyaway,
5 to 1 agst Oltenitza, 6 to 1 agst Dramatist, 10 to 1 each
agst Turbit, First Fly, and Polly. Won by half a
length ; a head between the second and third. Polly
was fourth and Dramatist fifth. Duke of Lancaster,
Polly, Cantrip, and Lady Love colt, lost start.
Sweepstakes of 10 Bova each, for 2 yr-olds ; colts, Est
71b ; fillies, Est 51b. The winner to be sold for 150
sous if demanded, ecn. T. V.C. (5 furlongs 140 yards).

(3 subs.)
Mr. W. Evans' Stormsail by Storm, Bst slb (Kendall) 1
Captain Chri,tie's Amati, Bst 71b (T. Cliff) 2
Mr. Morris's Rotterdam, Bst 71b (Basbam) 3
Betting-4 to lon Scormsail, 2to 1 agst Amati.
Won by a bead ; a length between the second and third.
The winner was claimed.

ifalii;;lTS;;;PiZkes of 10 sovs eacb, for three-yr-
olds. D. M. (7 furlongs 201 yards). (4 subs.)
Lord Chesterfield's Thames Ditton, by St. Lawrence,
Bst 21b (Flatman) 1
Mr Saxon's Tom Thumb, 7st 91b (C. Rayner) 2
Mr. Bryan's Secret, Bst 71b (Charlton) 3
Captain White's Cunning Bird, 7st 9lb (E. Sharp) 4
Betting-6 to son Thames Ditton, sto 2 agst Secret,
to 1 agst Tom Thumb. Won by six lengths, four
lengths between second and third, bad fourth.
Handicap Plate of 100 sovs, for 3-yr-olds and upwards.
A.F. (1 mile, 2 furlongs, 73 yards).
Lord W. Powlett's Druid, by the Libel, 3 yrs, Est 10lb
(Cresswell) 1
Mr. T. Walker's Glen Lee, 3 yrs, Est 131 b (Bullock) 2
Lord Clifden's Homily, 4 yrs, 7st (J. Wynne) 3
The following also ran :—Venison, Comedy, Cerva,

:r

Rialto, and Firebrand.
The betting opened at 6 to 4 agst Homily, afterwards
to 1 was laid against her. The closing prices were as
follow :-2 to 1 agst Homily, 4 to 1 each agst the Druid
and Rialto, 7 to 1 agt Cerva. Won by a length, a
length and a half between the second and third, Cerva
was a bad fourth, Firebrand was fifth, Comedy sixth,
Venison and Rialto close together were some lengths
behind Comedy.
Renewal of the Bretby Stakes of 100 sovs. each, h ft,
for 2-yr-old fillies, Bst 71b each. Last three-quarters
• of R.M. (8 subs.)
Lord Stradbroke's Rosa Bonheur, by Touchstone, Bst 71b
(Fiatman) 1
Lord Glasgow's filly by Birdcatcher, Bst 71b (Aldcroft) 2
Captain White's Queen of the East, Bst 71b (Charlton) 3
Betting-4 to lon RA I), Bonheur. Won easily by a
neck, two lengths between the second and third. The
favourite tan very " unkindly." A wet and windy day
caused the Heath to be thinly attended. The supply
and quality of the sport was quite up to the average.

LATEST BETTING.

CAMBRIDGESHIRE STAKES.
5 to 1 agst Vengeance (offered)
10 to 1 agBt Pole Star
100 to 6 agst Polinoodie
22 to 1 agst Hucgerford
30 to 1 agst Hospitality
50 to 1 agst Tx aroes Ditton

STATE OF TRADE.

MANCHESTER, Ocr. 16.

The unfavourable accounts from the cotton-growing
districts of America coLtinue to keep up prices very
firmly at Liverpool, and our own market gains some
little strength from this cause, notwithstanding the
counteracting and discouraging effects of a stringent
money-market. There is great indisposition wrong
buyers to operate. Home trade houses are doing a little
business, but for export sales are on a very small scale.
A good many looms employed on domestics have been
stopped, hut, with this exception, the mills are mostly
running fed time. The demand which had till lately
been made for cloth and yarn hal placed the manuf,te•
turers an 1 spinners in many cases under contract f;r
ordtH, which have not yet been wholly completed, and
stocks in first hands are consequently of inconsiderable
amount. While producers, however, are able to sup-
pox% last prices for many kin Is of goods, they have not
been able in the present state of the market c.
rates which would place them in so favourable a position
ai they were before cotton increased in value.

An invention which is of considerable interest to the
public, as well as the trade, is just now engaging atten-
tion in this neighbourhood. It is a discovery by Mr.
John Leigh, surgeon and analytical chemist to the Man-
chester Corporation Gasworks, of a substitute for the
size, hitherto made from wheaten flour, which is used
in the manufacture of cotton cloth. This substitute is
made of a silizate of soda, or preparation of sand. Seve-
ral InAnufacturers at Blackburn have been engaged in
the experiments necesary to test its efficiency, and 400
to 500 pieces of cloth have been male with this descrip-
tion of size for the warps. The cloth in which it has
been used is quite equal in colour and softnees, while ex-
periments have shown that it does not interfere with the
strength of the fabric, or produce any deteriorating che-
mical effects. It is calculated that a saving of 25 to 50
per cent. will be effected by the adoption of this instead
of flour size, while the quantity of flour which will be
set at liberty for purposes of food, i-hould it become gene-
rally adopted, will be equal, it is thought, to about
3,000,0001. or 3,500,0001. per annum. Oo an average,
it is calculated that about as much flour is used in mak-
ing cotton cloth as would supp'y the people engaged in
its manufacture with bread ; and, besides the size used
in manufacturing cloth at home, we ship a good many
sized warps to foreign markets.
NOTTINGHAM, OCT. 16.

The lace trade is quiet, with, however, a full average
business doing. There is a fair demand for plain nets,
and good prices. A little is also doing in silk laces.
Buyers from the United States are operating. Stocks,
generally speaking, are low. Si;ks, which have not been
so high for more than 20 years, it is now generally be-
lieved will give way in price. This will be a great be-
nefit to the manufacturers, as they cannot obtain a pro-
portionate advance for their goods.
In hosiery there is a fair amount of business doing.
The home trade is brisk, and fur the foreign market there
is a good demand.

AUSTRALIAN LAND AND EMIGRATION
COMPA.N Y.

(From the Morning Poet.)

The recent disasters in banking institutions, and the
want of safety disclosed by them, have tended to increase
our admiration for enterprises which are based upon
sound principles supported by real substantial property,
and brought under the improving influence of capital
and practical ability.
Examples are nbewanting that such enterprises have
realised what may fairly be called "wonders' in a finan-
cial point of view. ,Thus we have on one side theßurra
Burra Mines of Au.stralia, the shares of which are now
worth, we believe, about fifty times their original cost,
whilst on the other the New River Company's hundred
pound shares have reached the extraordinary value of
something like 20,0001., one share, in fact, forming a
nice fortune to the original holder, and many a poor
but prudent man, at the time these companies started,
has, by the judicious investment of his 100/., secured a
permanent and daily improving independence for himself
and family.
That the increase in number of such enterprises is far
more desirable than the multiplying of hazardous specti.
lations no sound thinking man can doubt ; and we are
happy to find from a prospectus now before us, that capi-
talists are turning their attention in the right direction.
This prospectus is headed—" The Australian Land and
Emigration Company (Limited Liability), Capital
100,000/ , in shares of 101. each, deposit 11. per share—
Offices, 7, Broad-street Buildings, London, ' and de-
velopes what we conceive to be a well digested system
of improving a large tract of well chosen fertile land in
Australia by means of skilled German emigrants, such
as vine dressers, farm labourers, shepherds, &c., many
of whom are already out in the colony, and others to be
selected and sent out by the agents of the company.
The plan as laid down consists in leasing to these emi-
grants, so well known for their industrious and steady
habits, small lots of land at an annual rental ; and whilst
by this annual rental a handsome dividend will from the
beginning accrue, it appears equally clear that the pro-
perty of the company will rapidly increase in value partly
by the cultivation of the laud, and partly by,the im-
proved rental with every successive renewal of leases.
The facilities a powerful company has in acquiring
from the Colonial Government large tracts of land at the
cheap rate of 1/, per acre are not within the reach of the
small farmer, who has often to pay 51. to 101. per acre
for a small lot, owing to his inability to comply with
the Government regulations fixing their smallest
sales at a square mile i nor is it a rare occurrence in
these fertile soils to meet with farms the yearly prodtee
of which rfalises from 201. to 401. per acre, especially
when, as in this cue,
the site chosen by the company is
close upon rivers already navigated by steamers, and
therefore enjoying the advantage of cheap conveyance
of the produce to market. Thus the company appears
to embrace all the elements of enduring and constantly
increasing prosperity, whilst the land' itself affords a
permanent and unquestionable security to the share-
holders for their investment. And as the directorship
is placed in the hands of men well known for their prac-
tical ability, we feel no hesitation in predicting a splen-
did success to the enterprise.