The Sun.
London, England, 1856-06-23 00:00:00

LION , MO NDA Y EVEN LNG, JUNE 93, 1856.

PUBLICATION 2.

:--4;.-

INVESTITURE 01" THE 01WER T L 11:
BATIL

(From the Court Newsman.)
The Queen held an investiture of the Morit'Honourable
Order of the Bath on Saturday aTternoon, at Bucking-
ham Palace..' -
Her Majesty was c-rlueted to a chair of-state in the.
Throne Room by the Lord Ste Ward and the Lord Cham-
berlain soon after 3 o'clock. Her Mejesty word her man-
tle as Sovereign of the Order of the Bath, and also the
gold cellar of the Order, The Queen also wore a mag-
nificent diuinond circ'et.
The ICeights Grand Cross of the Bath were called
over at 3 o'clock in the Green Drawing Room by Albert
William Woods, Esq. (Lancaster Herald), Gentleman
Usher of the. Order, when the following answered :
Lieutenant-General his Royal Highness the. Duke of
Cambridge, Viscount Palmerston, Gen. Sir Willoughby
Cotton, Reai-Admiral Sir E. Lyons, Bart., General
the Eerl of Westmoreland,;the Right Hon. Sir George
Grey, Bart., Gen. the Right Hon. Sir E. Bia,keney, the
Right Hon. Sir 11. L Belever,. Lord Broughton, Gen.
Sir A. Woodford, Lieut.-Gen. Sir J. F. Burgoyne,
Bart., Major Gen. Sir R. England; Major-Gen. Sir C.
Campbell, Gen. Sir J. Macdonell, Sir H. D. Rose, Gen.
Sir J Simpson; and Lord Panmure, Secretary of State
for War.
Tim Knights appeared in their mantles of crimson
satin and their gold collars.
The officers of the Order present were Walter Aston
Blount, Esq , Genealogist' (acting for Bath King of
Arms), and Albert William Woods, Eq. (Lancaster
Herald), Gentleman Usher o' the Order. •
The Knights Grand Cross were ushered to the pre-
sence of the Sovereign, preceded by the officers.
Prince Albert stood near the Queen, on her Majesty's
right. His Reyalaighttess wore, his mantle as Grand
Master of the Order of the Bath, and also the gold collal
of the Order.
His Royal Highness the Duke of Cambridge stood
opposite to the Prince Consort.
The Knights Grand Cross ranged themselves on either
side of the Sovereign.
His Royal Highness -Prince Frederick William of
Prussia, with the Gentlemen of his suite, was present to
witness the ceremony.
The Ladies in Waiting and the Great Officers of State
of the Queen's Household occupied their usual stations
near her Majesty.
The Throne Room was lined by her Majesty's body
guard of the Hon. Corps 'of Gentlemen-at-Arms, under
the command of the Lieutenant. Lieut.-Colonels Nevill
and Cooke, the Sub-offi.;ers, were on duty with the corps.
The institution commenced by the introduction of
General Sir George Brown, whe was conducted between
General Sir James Simpson and Lord Panmure, the two
junior Knights Grand Cross, to her Majesty, preceded
by the Genoa' rgist and the Gentleman Usher of the
Order. Sir George knelt near the Queen, and her Ma-
jesty, assisted by Priuce Albert, invested him with the
ribbon and badge of a Knight Grand Cross (Military
Division) of the Bath, and then invested him with the
star. Sir George kissed her Majesty's hand, and retired.
Admiral Sir Jas. Alexander Gordon, Governor of
Greenwich Hospital, was introduced with the like cere-
mony, and wheu near the Sovereign was invested by her
Majesty with the ribbon and badge of a Knight Grand
Cross, and also the star of the Order. Sir James had the
honour to kiss the Queen's hand, and retired.
The Right Hon. Sir C. Wood, Bert., First 1..r.1 of
the Admiralty, was conducted to the Queen by the two
junior Knights Grand Cross, when her Nlajesty having
received from the Lord Chamberlain the sword of state,
conferred the honour of knighthood upon the right hon.
hart. therewith. The Queen, assisted by his Royal High-
ness the Great Master, placed the ribbon with the badge
of a Knight Grand Cross (Civil Division) oven the right
shoulder and under the left arm, and aaerwards in-
vested him with the star. Sir Charles rising kissed the
Queen's hand, and retired.
The investiture of the Knights Grand Cross being con-
cluded, that of the Knights Commanders commenced by
the introduction of Rear-Admiral Henry Byam Martin
(late in command in the Baltic), who was conducted by
the Genealogist and the Gentleman Usher to the Queen,
and kneeling near the Sovereign reoeived the honour of
knighthood from her Majesty with the sword of the Gold
Stick in Waithae, and was then invested with the ribbon
and badge of a Knight Commander of the Bath.
Lieut.-General William George Moore was introduced
with the like ceremony, had the honour of knighthood
conferred upon him, and was then invested with the in-
signia of a Knight Commander of the Order.
Commissary General Sir George Maclean (late on
service in the Crimea) was introduced, and was invested
with the insignia of a Knight Commander of the Bath.
Major-General Sir William Fenwick Williams, of
Kars, was introduced between the Genealogist and the
Gentleman Usher, and knelt before the Queen, who was
graciously pleased to confer the honour of knighthood
upon him with the sword of the Field-Marshal the Gold
Stick in Waiting. Her Majesty. assisted by his :Royal
Highness Prince Albert, passed round Sir William's
neck the ribbon with the badge suspended of a Knight
Commander (Military Division) of the Bath. The Queen
then placed on his breast the star of a Knight Consena,n-
der. Sir William kissed the hand of his Sovereign and
withdrew.
The investiture of Companions of the Bath commenced
by the introduction of Lieutenant-Colonel Luke Smyth
O'Connor, Governor of the Gambia, who received from
her Majesty the ribbon and badge of a Companion of the
Order.
Lieut.-Colonel Henry Atwell Lake, from Kars, was
conducted between the officers of the Order, and kneel-
ing near the Queen received the decoration of the ribbon
and badge of this class of the Order.
Deputy Inspector General of Hospitals John Robert
Taylor (from the Crimea) ;
Lieut.-Colonel Christopher Chas. Teesdale (from Kars);
Colonel Edward Charles Royal Artillery (from
the Crimea) ;
Henry Adrian Churchill, Esq. (Civil), attached to Sir
W.,Williatne, at Kars, were severally introduced by the
Genealogist and the Gentleman Usher, and received from
the Queen the ribbon and badge of Companion of the
B eth.

The Knights Grand Cross were again called over in
the Throne Room, and with the officers of the Order re-
tired from the Royal presence.
The Court was attended by the Duchess of Wellington
(officiating for the Duchess of Sutherland), the Duchess
of Atha, Lady in Waiting ; Lady Codrington, Woman
of the Bedchninl)er in Waiting ; Earl Spencer, Lord
Steward ; the Marquis of Breadalbane, Lord Chamber-
lain ; the Duke of Wellington, Master of the Horse; the
Marquis of Abereern, Groom of the Stole to Prince Al-
bert ; Lord Kiley, the Captain of the Hon. Corps of Gen-
tlemen-at-Arms; Viscount Sydney, Captain of the Yeo-
men of the Guar.'; Field-Marshal Viscount Combermere,
Gold Stick in Waiting; Earl Mulgrave, Treasurer of
the Household ; Lord E. Bruce, Vice-Chamberlain ;
Viscount Drumlanrig, Comptroller of the Household ' •
Lord Rivers, Lord in Waiting ; Lord G. Lennox, Lord
in Waiting to his Royal Highness ; Lieut. Colonel Top
ham, the Lieutenant of the Hon. Corps of Gentlemen-at-
Arius ; Major Harmer, Standard Bearer of the Hon.
Corps of Gentlemen-at-Arms ; Major General Wylde,
Groom in Waiting to his Royal Highness ; Colonel F.
Seymour, Groom of the Robes ; Colonel Hon.G. Upton,
Field Officer in Waiting ; Colonel H. Vyse, Silver Stick
in Waiting ; Lord C. Fitz Roy, Equerry in Waiting to
big Royal Highness ; Sir W. Martins, Gentleman Usher
to the Sword of State; Mr. Cargill, Adjutant of the
Hon. Corp of Gentlemen-at-Arms ; Lieut. Colonel Fitz-
maurice, Adjutant'of the Yeomen of the Guard ; Messrs.
Farquharson and Macpherson, Pages of Honour in
Waiting ; and Colonel Tyrwhitt, Equerry in Waiting to
the Duke of Cambridge.
The Yeomen of the Guard were commanded by Capt.
Parker Riokford, the Exon in Waiting.
A guard of honour of the Coldstream Guards was on
duty, wish the band of the regiment.
Lord Paumure had an audience of her Majesty.

BANQUET AT THE TRINITY-HOUSE.

His Royal Highness Prince Albert, master of the Trinity
corporation, dined with the elder brethren on Saturday
evening at the Trinity House. The banquet was served
up In the library. The elder brethren assembled at half-
past six, in order to receive the illustrious guests. The
Duke of Cambridge arrived at twenty minutes to 7 o'clock.
His Royal Highness Prince Albert, attended by Major- ,
General the Hon. C. Grey and Lieut.-Colonol the Hon. E.
Phipps, arrived about a quarter to seven o'clock, and were
received by the members of the court in the vestibule, the
military band playing the national anthem. The Prince
Consort was conducted by the elder brethren to the court-
room, whore the guests to the entertainment had assem-
bled. Dinner was shortly afterwards announced, Prince
Albert as master of the corporation presiding, sup aorted.
on the right by the Duke of Cambridge, and on the left i
by Captain Shepherd, the deputy-muter. Among the
noblemen and gentlemen present on the occasion were the
Duke of Argyll, the Duke of Wellington, the Marquis of
Lansdowne, the Earl of Dundonald, the Earl of Selkirk,
the Earl of Derby, the Marquis of Camden, Viscount Pal-
merston, Viscount Mona, Lord Overstono, Lord Redes-
dale, Lord Stanley of Alderley, the Right Hon. Sir George
Grey, Sir C. Wood, Mr. Labouchere, Mr. V. Smith, Mr.
W. G. Hayter, Sir J. Graham, Sir Thos. Fremantle, the
Speaker of the House of Commons, Admiral Sir E, Lyons,
Major-Genera Sir F. Williams (the hero of Kars), Admi-
ral the Hon. Sir M. F. F. Berkeley, Rear-Admiral Eden,
Gen. Elir J. Burgoyne, Hon. Capt. Denman, Capt. Milne,
the Chairman and Depnty-Chairman of the East India
Company, the Governor and Deputy-Governor of the Bank
of England, Sir G. Bonham, Professor Faraday, Sir J. C.
Melville, Sir E. Ryan, Admiral Sir S. Lushington, Sir J.
Lubbock, Mr. Masterman, M.P , &c. Covers were laid
for 80 persons. H.R.H. Prince Albert, after the desert had
been placed on the table, gave several toasts, Viscount
Palmerston, H.R.H. the Duke of Cambridge, Sir F. Wil-
liams, and others replying in aeknoviLldgment to thos..
to thotnsdvos. pri,,cti, Albeit arid
the Duke of Cambridge shortly before ten o'clock retired
to the Court-room, and, after partaking of coffee, took
Gm of the company, who soon aftorwarck separated•

A 5,7Y1,11 E, 3 0 A•

LIVERPOOL, MONDAY MORNING.

The Africa had arrived, with advices from New
York to the 11th, and 983,020 doll and 2301. in
silver.

The news is not important.
In the Senate the member for Illinois had intro-
duced a bill for the pacification of Kansas. It
simply proposes-to abolish the • territorial govern-
ment of Kansas and the laws, passed . by. its. Legis-
lature, and extend over the distracted territory the
government and laws in force in Nebraska. After
a sharp discriSsion between -Messrs. Trumbell and
Douglass concerning the merits of the Nebraska
Act, 43.1 the motiona the latter the bill was referred
to the Committee on Territories.
Mr. Crittenden bad proposed another plan, sug-
gesting that the President send General Scott to
take command of the troops.
Mr. Crittenden supported his proposition in a
forcible speech. The voice of General Scott, he
said, would do more to restore tranquillity than a
thousand bayonets.
Mr. Mason doubted the propriety of making the
request of the President, who, by virtue of his
office, has sole power over the matter. He did not,
however, think the condition of things in Kansas
demanded such a course.
Mr. Seward expressed himself is favour of send-
ing General Scott, and the subject was postponed
till the following day.
Doubtful accounts from Kansas state that the
Fiee State forces had burnt the town of Bernard,
d&trialnAtzV 000 to $15,G00 worth of pro-
p •
The town of Franklin was captured by the Abo-
litionists, after a desperate fight, in which three
pro-slavery men were killed. Other fatal encoun-
ters are reported. Governor Shannon had issued a
proclamation ordering all the unauthorised military
' companies to disperse, and warning outside parties
to keep away from die territory, as he had suffi-
cient force to enforce the laws and protect the citi-

zees.
The nomination of Mr. Buchanan and Mr.
Breckenridge for the Presidential position had been
ratified by Democratic mass meetings at Philadel-
phia, and other places.
The boiler of a steamboat running in connection
with the Canadian Grand Trunk Railway had ex-
ploded, killing and wounding a number of persons.
The latest advices from Hayti state that the
rebels, 6,000 strong, were before Aux Cayes.
Business was suspended and martial law pro-
claimed. _ _ _

-...._.
The New Jersey Know-nothing Convention had
recommended Commodore Stockton for the Presi-

dency.
From the New York commercial letters we learn
that there had been a fair degree of activity in the
stock-market during the past fortnight, accom-
panied by some improvement in prices, attributable
principally to the increasing abundance' of money
and the generally wholesome and encouraging
aspect of financial affairs.
The dismissal of the British Minister did not
check the upward tendency, its effect having,
been felt in anticipation during the previous fort-
night. In State Stocks, with the exception of
Californian Sevens, there was a general advance.
Of railroad stocks the sales had been large, at
rather irregular prices. The supply of money was
in excess of the demand, and the rate of interest
had a downward tendency.
In exchange a fair business was.clone.
Bills on London were quoted 9i to 9i per cent.
premium ; and on Paris sf. 17ic. to sf. 16ic. 60
days, and sf. 120. short.
The cotton-market was slightly firmer.
Flour was quoted 10c. to 15c. higher.
Prices of wheat were about the same as last
noted. There was an active demand for pork at
an advance of7sc. to 87ic. on mess, and a 250. on
prime. The iron market was quiet. Freights to
Great Britain ware firm and active.

AUSTRALIA.

PIIRTij 4D. STAMPED
...

,efrecteO 'in ',heir v,--orlc;n1;. The irquries into these matters
which y 'ut:l have institt:t•2d or suggested, a•ld the praeticsi
reCornm rviati(m, g from aem, estabh.h
the adv, aittsge derived hum the addition to the legisla-
tnre of r epresentatives of the miners themselves,

"You r resolutions on the subject of immigration shall
have eve Fy support at my 'mods. The duties which the
transfer of this service to the control of the colony en-
tails 'tip. ice mpgoverbinent are receiving most careful

. Rice is sam,),,vika4ii.s% in demand Itr4er4tf month,
aml prices have recededob..ut XlOl-1 (1-w ito
may cow be quoi`thi.at 000 t $220 koyang of 27
Stiould'the'a,dvlcts by the D:,c ii ber, mail, ex-
pected'here about the 25th, hring io,s favourable iuteln-
gence of the.poF.ition of this i.air,
here. The growing crop h-161-.4 wet!, f-,ut'nfoke ;ifiscan he
exnf,,,r,ted rind ifs way 'to market before ti,o cild of 141,ay.
."
Freights—Ali the seeking Nesi•els that have arrivod.
have found ready e:nployr,milt at -It for lice; gad .41. la.
per too for vogar to Cie

. • . .•
" T.:xcbang,,—t3Ank per cent. are 7j crth 1 if.
60 100. aLd one .nimlth biPS At 11. if. per 11. sterlit*„
Spy-eieand aro in demand, and flct high
$l2?, has been pa;tl. -Mexican (1-,liars worth .$2l-50.
to $2 80e. - -Australian gold in ieg ts, of 23 carats, sale--
anle, awl_ would readily fetch $45 to 46 per dollar
we'ght.

TIME' SADLFIR FRAUDS.

(.17mm. tire Times of this (NY.) -
It is far froth. our wish to rouse the apprellexl-,
sions of all persons interested rin the stability of
our Joint-Stook Banks, but yet the extraordintar:y
letter written.by the late John Saelleir-to his brother
Time; Saelleir, and printed in The Ti rice Sltur-
day last, can scarcely be „1-. a -sad over wi thout.notice.
\V,, have all heard of "cooking a?counts ;"—the
r(-salt-s, if not the precepst,e, be,en pe-zieetly
familiar to all persons- interested in. railway pro-
perty; Few persons, ho•wever, have beenadmitted
behind the curt-Ai, We know that the thing is
done, but we do ow bow it-is done, wire) gives
the direeti, us, what form the orders pass
from the loath it'd to the inferior agertts. The
great difficulty, er all, iu a case of-this kintl •
must consist in finding suitable agents. It must
he almost as difficult for a swindling financier!to •
lake posse3sion of a Lank as it is for the leader of a
mutiny to se;zt.., upon a ship. To whom can he
first break his scheme ? Is roguery, like disease,
caught by contact ? How shall the de9fral•le knave
be diiitinguisliecl from the objectionable true man'?
These are cpcstions which, happily, not many of •
es
-are called to solve in practice. The Badleir •
bowever, will' in a imp measure 'step Jly -the 'Void; ' ,•!7,
and tem; ::sr.-Afig4ttliet'citniniftWilistAs pass bS",:ween "
persons engaged in the laudable operation of fleec•
lug their fellow-subjects. It is very true that we
are not here indulged with an insight -into the
more delicate manipulations of the craft, for John
Sadleir writes to James Sadlair in the: full con-
fidence of perfect intimacy and participation in
counsel. The letter of which we are speaking
was written on the last day of last year—that is a
few weeks previous to the smash of the Tipperary
Bank. It was read aloud by the Irish Master of
the Rolls in the ceuise of the judgment which he
delivered the other day in Dublin, and therefore
must he accepted as an official document.

The letter in itself, as an official letter, is all
;hat_ could be wished. The directions are precise,
he figures clear, the conclusions obvious. The
uero,;t. tyro i❑ bulldog mat en could understand

it, and carry its recommendatiln into effect. 'Even
in the Wellin,gton, Pespatches we find nothing which
is clearer or less surrounded with haz3 and obscu-
rity. "My dear James" is informed in the very
first psragrap't that the accounts of the Tipperary
Bank should he made out, treating the paid-up
capital as 100,0001., on the 31st December, 1854.
No reference is male to .I,e facts7—the directions
are clear and precise, as the orders given by the
officer ..f the wat .h to the man at 'the wheel—
" Make it so," and there is an end of the matter.
John Sad'eir, however, does not leave his brother
James to the unsatisfactory suggestions of his own,
perhaps bolder. fancy, but points out to him
the definite mode in which the operation indicated
should he carried out. The requisite number of
shares to make this transaction square are to be en-
tered as vesied in A. Ferrall, Esq., and he is to be
debited accordingly in respect of the shares. Who
is this millionnaire ?—this lord of untold thousands
—this A. Ferrall? Dos he live and have his
being in the county of Tipperary, or elsewhere—or
is he merely the creature of John Sadleir's fertile
imagination ? Having overwhelmed this umbra
in so cavalier a manner with these amazing liabili-
ties, John Sadleir proceeds to point out that the
Reserved Fund must be treated as so much, con-
descending even to notice pence. He jumps at
once to his conclusion, and squares his circle in
the completest manner with scarcely an effort.
Truth is still on her knees picking up pins, while
Falsehood has walked there and back. The most
business-like recommendations followfor furnishing
the " English" shareholders with a balance-sheet
at least once a-year ; as far as their Irish fellow

vdnturers are concerned, John Sadleir seems to
be of opinion that it is of very slight importance
whether or no they are furnished with an account,
at, all. The great swindler hopes that by these
means the English shareholders will double their
holdings in the Tipperary Bank, and that the
balance of 100,000/. will be quickly absorbed. So
much for precept—now for illustration. -
"Now, I know many of the English joint-stock
banks, in order to give a good appearance to their ba-
lance, have constantly trebled the amount of their
balances, &c , by making a series of entries, whereby
they appeared to have assets and liabilities to four times
the amount they really potpessed or had. This has been
always kept very quiet, and whst,at first was a kind of
fiction became gradually to he bona fide."
To be sure we have had a few unpleasant inci-
dents in our banking history ; but yet we trust the
case is not altogether so bad on our side of the
Channel as John Sadleir would make it out. What
follows is really so astounding for straightforward,
unhesitating knavery, that, but for the letter ac-

totally before us, we should hesitate to treat the
directions as serious. The balance-sheet for the
year 1855 is to be made as nearly as may be to tally
with the balance-sheet for 1854. Au increase of
about 30,000/. in the item of customers' balances
is to be made to appear, and astounding details are
given as to the manner in which this arrangement
is to be brought about.
The plan is scarcely credible. The ingenuity of
the mere schemer must have already given way to
the re tide, sness of the desperado when such an idea
eonld have struck upon the mind even of .John
Sadleir as feasible. S'x or seven deposit receipts
were to be issued to him, John Sadleir, for about
500,0001., and then five accounts were to be opened
with as many companies, involving amounts to the
extent of 561,0001. Etch of these accounts was
to be debited with advances made to John Sadleir,
as representing each of these companies to the ex-
ten of the sums set by him opposite each of the ac-
counts ! We know not how to express in any clearer
manner to persons unversed in the technicalities of
banking the nature of John Sadleir's contemplated
ore-ations. For be benefit of the unprofessional
reader, suffice it to say that the whole scheme
turned upon the possibility of supplying an ascer-
tained deficiency by working imaginary credits
against imitgin:ry debits—a scheme the merits of
which may readily enough be tested by any gentle-
man on the wrong side of the world to the extent
of 101. It is a very simple matter to write down
open one side of a pocketbook that Mr. Smith owes
you 1001., while you owe Mr. Brown 801., and
therefore that you are 201. a gainer on the trans-
action : and, no doubt, so long as a man can per-
suade the world that the transaction is a bona fide
ono, he may obtain the respect and credit due to a
capitalist within the limits specified. Reality,
however, is a stern commentator upon dreams, and
the time must quickly come when such a vision of
solvency would melt away like a morning mist.
We cannot pretend to analyse this remarkable com-
munication between the brothers any further ; but
enough has been given to show that, in certain
hands, the accounts of a Joint. Stock Bank can be
treated as a mere field for the skittish fancy of
the directors. There is no question of an inter-
polated lie or of a modest, unassuming fraud,
but the whole account may be made one
continuous lie from the beginning to the end.
The figures will be beautifully congruous—the
prospects of the concern, to all appearance, most
satisfactory—the customers numerous and impor-
tant—the business most thriving • but how if
figures, prospects, customers, and business are all
moonshine from beginning to end ? It is not the
figures but the facts which must be tested, and
how are the customers and shareholders to get at
the facts ? These are placed under the inspection
of the directors ; but when the directors turn
knaves—what then ? Here is an ugly paragraph,
by which John Sadleir justifies his little project
There is nothing to prevent the Tipperary Bank
from doing what has been done in the Bank and the
Bank, and the Bank, and that is all I advise,
viz., to open two aecountsfor A B ; to credit one account
as having received from A. 13 100,0001. on deposit ; to
debit the other account 100,0001., as having lent A. B so
much ou the security of his deposit receipt, and his per-
sonal security, of course ; in every case the Tipperary
Bank should receive the deposit receipts and retain same
as security."
Now, it does not follow that this allegation is
true - because John Sadleir has made it ; on the
contrary, his is very tainted testimony indeed.
For all that, persons interested in Joint-Stock
Banks would do well to satisfy themselves that
their trust is rightly placed.

Seven hundred stands of arms of the Enfield rile
muskets have arrived at Chathstm ganison from the Go-
vernment stores, and were landed on Saturday at the
gun-wharf for the purpose of being served out.
The East India Company have forwarded a remon-
strance to Her Majesty's Government calling upon them
to rescind the order for the embarkation of the 6th Dra-
goon Guards and the 12th Lancers to India. The Coin-
pany state that they do not require any additional
cavalry force in the East, and that the three regiments
now stationed there are quite sufficient for the present
exigenciee of the egrvigg tl* gauntry.