The Sun.
London, England, 1856-10-06 00:00:00

LONDON, MONDAY, OCTOBER 6, 1856.

On Saturday we pointed out the ingenious
scheme by which the CIAR expects to obtain a
well-arranged steam fleet in the Euxine ; and
what renders the project still more alluring, at the
expense of his late opponents. By offering
subsidies to the amount of between 400,000/. and
000,0001. per annum, he hopes that the capitalists
of France and England may be induced to take
shares in a variety of Steam Navigation Companies
in the Black Sea—the single condition being that
all the vessels engaged .should be so constrwted as
k eaPible of earnfing glsns ; or, in other words,
they should be vessels of war without the arma-
ments, which could, however, be added on short
notice whenever it suited the AUTOCRAT to cast
aside the mask, and to press into his own service
the navy so considerately provided for him by the
enemy. It is true that few if any of these com-
panies could hope to pay the mere working ex-
penses, to say nothing of a dividend on the
capital embarked. But the liberal CZAR provides
for all that. He offers a subsidy of nearly half a
million per annum-25 per cent. on the two mil-
lions required—so that the pecuniary interests of
the shareholders will be secured, so far as they can
be by a Muscovite guarantee. A judiciously
contrived excitement, which, by various contriv-
ances-well known in the City, has run the quota-
tions up to 10 premium ; and the object of the
ACIPOCRAT may be regarded as accomplished., for
no amount of Capel-court protection could resist
so tempting a prise.

But it is not merely in the navigation of the
Black Sea that the CZAR is making timely prepa-
ration for future complications. He appears in a
new capacity—as the generous patron of railways
are to provide Holyßu3sia with the best-
devised system of military railways in the world.
it is true that they cannot by any possibility pay;
but where there is a Government guarantee of 5
Per cent. that i 3 a matter of comparatively trivial
importance. The AUTOCRAT felt during the War
the want of locomotive facilities. Could his troops
have been one and safely from.
Conveyed rapidly
position of his extended territories to another
Sebastopol
might have been saved, and the Mus-
covite humiliation
But ALEXANDER
has profited by thaverted.
e bitter lesson he received—
and is losing no time in
umaking
every possible pre-
paration for the next m
Railways in Russia. arPs.
practically useless for
any save military purpose
The rigorous pass-
port system, more stringent than in anyother part
extraordinary of the world, interposes such
diffi-
culties in the way of travelling,
that the passenge r
traffic must, save on peculiar occasions
that may
not
occur for a score of years, b© utterly unpro-
ductive. It is not the object of the Government
to moo
arage it, and it well knows how to,
opposed to its wishes.Stop
any proceeding Nor can
the goods
traffic prove much more profitable
t even in this country, under the
We know that '
most favourahie circumstances, there are but

few railways that fulfil the anticipations of
their promoters. But here, as has been well
pointed out by the Morning Post, our production
for export purposes is more than seventy times as
much per square mile as that of Itussia, while the
demands for internal consumption are in a still
higher ratio. What, then, can be the prospects
for handsome dividends, apart from the Govern-
ment guarantee ? That is 3 per cent. for a limited
time—the whole property at the end of 85 years
reverting to the State ; and French and English
capitalists are nibbling at the artfully-constructed
bait, although they may obtain nearly as large a
dividend in English trunk lines, which are held
in perpetuity for the benefit of the shareholders.
But it is not merely the construction of the
railways in Russia, and the immense increase
of power thereby sonferred on the AtrIOCIRAN that
is the worst phase of the transaction. There will
be a permanent drain of specie for many years to
come, and when we consider the present state of
the money market and the impending monetary
crisis, we may, as the Americans say, begin faintly
to " realise" the full extent of the mischief. The
Cain is well aware that he is aiming a blow at
Bngland in the tenderest point. There is already
a rapid drain of bullion. Notwithstanding the
discoveries in Australia and California, and the
immense produce of "the diggings," we cannot
hold our own. The precious metals are exported
more rapidly than they can be obtained. There
is already a perceptible alteration in the relative
values of gold and silver, and the smaller coinage,
so vitally important to the working, is becoming
more scanty every day. While France and
angland are thus paying the piper, Russia is
accumulating vast quantities of bullion, which
she is far too sagacious to employ in her own do-
mestic affairs. The foreign shareholders provide
the funds in specie. The Russian labourers who
are to do the work will be paid in paper roubles,
the gold and silver being accumulated in the
Treasury. Austria also is hoarding up for a mo-
netary erisis. But while we see and feel the evil
—while we can without any pretext of vaticina-
tion predict the various changes of the cycle from
a tightness in the money market and raising the
rate of interest, to the reckless panic that must
inevitably occur if means be to not taken to avert it,
we are rendered powerless to avert it by the pro-
visions *f the Bank Chartea= Act of 1844. So
long as the axed price of gold is maintained, that
we are compelled to sell in the cheapest, and pur-
chase in the dearest market, there can be no help
for us. We must see the vessel of the State drift-
ing on the rocks without the chance of averting
the catastrophe. With a paper currency expanding
according to the wants of the country, we
might check the exportation without sacri-
ficing the welfare and happiness of our
own people. Under the present system we
can do nothing, but must submit to see the Cein
and RIO EMPEROR making everything ready for
another desperate attempt to Cossackise Europe,
while we shall be fettered and rendered helpless
by our insane adherence to the bullionist theories,
the interested doctrines of the " Mercator"
school of cu rrency.

The Right Honourable JAMES TMOMAS BRI7DE-
NELL, 7th Earl of Cardigan, Inspector-General of
Cavalry, may, after all, be no great strategist,
may not have the smallest modicum of what is
called Genius for War, may be in no respect at all
ceititled to credit as a tactician. Dun—without
any manner of doubt, and beyond the possibility
of question, his heart is that of as brave, and
gallant, and daring a gentleman as ever wore
upon his heel the golden spur of knighthood.
In demonstration of which it is only necessary
to remember—what some people really appear
never to have heard of—that Lord CARDIGAN
" went through" the terrible and glorious Light
Cavalry Charge at Balaklava. A deed of daring
absolutely and literally without any parallel. A
miserable blunder on the part of the Commander-
in-Chief ; but a matchless and heroic achievement
on the part of those by whom Lord RASLAN'S
Order was carried into execution. An
achievement so astonishing from its te-
merity, that Marshal BOS,IIET, looking
down upon it from the hill top, exclaimed in very
amaze, an amamment at once of scorn and admi-
ration "O'est magnifique, mais ce n'est pas la
guerre !" Yes, but at the same time reversing
that most truthful definition of it—lf it was
not war, it was magnificent ! And in that Light
tvalry Oharge, in its glory and in its perils,
the Earl of CARDIGAN personally participated,
participated as fully as any one among the
rest of the immortal Six Hundred. He not
merely took a part in it, but a very conspicuous
part in it. Ile led it. He rode his horse—.
like the rest of them—at a trot, at a canter, at a
gallop, through that " hell fire" of Same and
balls, right through the serried ranks of the em-
battled army of the Russians, infantry, cavalry,
and artillery, striking down the gunners beside
their cannon, and clearing a deadly path out to
the open ground in the rear of the enemy,
and so, more than decimated, returning
through the same diabolical storm of shot, back
through the Valley of Dtaath, to the fatal point
of departure. And throughout the whole of this
appalling feat of arms, Lord CARDIOAN led the
Brigade, to and fro, across that long Mile of De-
struction, stretching down to the Russian battery
in that awful, and thenceforth ever-memorable
Valley of Balaklava. During the double passage
along which fatal mile of ground—mark what
were the deadly effects wrought upon the Bri-
gade by the Russian cannon and musketry ! Cap-
tain NOLAN, the bearer of that cruel and idiotic
" Order," by which so many brave men were
doomed to inevitable destruction —,Captain
Nora; the bearer of the order, protested
against, and alas ! only protested against
by the Noble Earl (LuCAN) the General command-
ing the two Brigades of the Cavalry Division—
was struck in the heart by a musket ball, almost
at the very iiastant the fatal command was given
for the Advance ! Captain MORRIS, of the 17th
Lancers—following Lord CARDIGAN with his troop
---was cut down at the Russian Battery. Captain
(hamiAlie, of the 13th Light Dragoons, was blown
to pieces in entering it. Captain__ WINTER and
Captain WarrE (both of the 17th Lancers) were
struck to the earth a few seconds earlier, the
former killed, the latter severely wounded.
Captain GoOD and Captain JENyNS
13th Light Dragoons) mere
un-
horsed, the former dead, (both of the
the
abtotue
rtn theai
ta sameed. time
Captain
PERCY SMITH, besides being himself wounded, had
his horse killed under him, as was the case with
three other officers of the 13th Light Dragoons,
TREMAYNE, JERVIS, and CRAMBERLAyisTE.
WEBS, of the 17th Lancers, was mortally wounded.
.
Sir WILLIAM GORDON was severely wounded.
Captain (now Brevet-Major) MAXSE, one of Lord
CARDIGAN'S aides-de-camp, was wounded short of
the battery. Sir G. Womuwzr,r., the noble Earl's
extra aide-de-camp, had his horse killed, and was
for a time made prisoner. Captain LOCKWOOD,
another of his Lordship's aides-de-camp, Was
thereabouts killed shortly afterwards. While
—of the frightful havoc done among the
attendant troopers by shot and shell, sword,
bullet, lance, and bayonet—have we not all

heard the dreadful tale as it has been
told by the historic pen of Mr. RUSSELL.
of the Times, and as it has been since then sung by
the earnest voice of the Laureate THINNYSON ?
Lord CARDIGAN, as Major-General in com-
mand of the Light Brigade, leading officers
and men into the Russian Battery, leading
them beyond it, until " the belted Earl "
came suddenly with his followers upon a large
force of Russian cavalry, and being in person
attacked simultaneously by two Cossacks, was
there and then slightly wounded and nearly dis-
mounted. After which, the remnant of the glo-
rious Light Brigade, the few survivors of that
valiant band (Lord CARDIQAN among them) re,
traced their terrible path, littered by the dead and
the dying, horse and man, and ploughed
up by the balls of the Russian artillery,
returning at a blown and jaded gallop along that
disastrous Valley of Balaklava.
let it is the man who actually led this charge,
who was wounded in it, who passed through the
whole of its dread perils, and who, in so doing,
looked at death face to face for " what you will,"
for honour, for glory, for his QUEEN or his coun-
try, for a soldier's obedience, or, what SHAYS •
!PERI has called with such magnificent scorn,
the babble reputation--he it is who, ever since he
set foot again upon the soil of his native land, has
been the chosen target for every species of base
innuendo in the way of paltry and despicable
sneers of depreciation. Lord CARDIGAN, it has
been insinuated, rode fast ! Lord CARDIOAN never
leaped his horse across a gun carriage! Lord OAR-
AW Ai this, and did not do that, and thus with
every spiteful comment and malicious insinuation
his name has been coupled with " the whispered
hint, the shrug, the hum ! the ha ! those petty
brands that calumny doth use." The fact being
all the while that Lord CARMAN " went through"
the light Oavalry Oharge—that he was wounded
in it—and that having passed through its glory
and its dangers, he has earned, like every other
man in the Brigade, dead or living, from the
Private upwards, from the General down-
wards, the glorious fame (deserved by each
on that day, if ever man deserved it) of a Hero !
Honour to the brave Earl, then, say we—honour
to the gallant Soldier who leg the Light Brigade
to Glory and Dsath down that fatal Talley of
Deetruetion. We, Ultra-Liberals, Radical Re-
formers, veritable Democrats, if you will, pay
this unstinted meed of our admiration to the
Valour of a Dauntless Gentleman—what though
he be, as JASIM BRUDENILL, Earl of Cardigan,
has long been (we might almost say notoriously)
an exaggerated Tory of the old school—a Tory
par song, a Tory of the Rue blood, and
if any one peer of the realm may be so
designated, the haughtiest of haughty aristocrats.
But—sneers some malignant whisperer again—
Lord CARDIGAN, since his return to Bngland, has
gone to public dinners in the very uniform he
wore during the Light Cavalry Charge at Ba-
laklava ! And has he not earned the right to
wear it—

" Tarnished, too, and dim,
As if hot battle's cloud had lately circled him,"
—if h• so pleases, has he not earned the right to
wear it as well as any other heroic soldier has earned
the right to wear a star at his breast or a ribbon
in his button hole t Away with all this miserable
rubbish, the rubbish of envious malignity—
the malice that mutters and the envy that shrugs
its shoulders. Lord CARDIGAN may be—not much
of a Commander ! >6Be may have slept on board
his yacht while other men were shivering through
the night hours in the Crimean encampment. He
may have been most culpable in sacrificing the
horses of his Brigade in the Dobrudscha and
before Sebastopol. He may be guilty of all this,
and of much mono—hub OEII, when all is said and
done, he has incontestably won for himself the
glory due to %brave and unbleaching Suldior.

THE LATE GENERAL SIR COLIN HALILETT,
The mortal remains of the venerable Governor of Chel-
sea Hospital were, on Thursday last, consigned to their
final resting-place, in the cemetery attached to Chelsea
Hospital.

//LATH OD LORD DE FRIT/CR.—The Death of this
nobleman, long known in the House of Commons as Mr.
Arthur French, of French Park, Roscommon, is re-
ported.

DEATH OE COLONEL Saimaa., C.B.—We regret to
have to announce the death of Colonel Frederick George
Shewell, C. 8., of the Bth Hussars, which took place on
Wednesday, near Guildford. Colonel Shewell had been
30 years in the service, oommanded the Bth Hussars at
th• famous Bala&lava, charge, where he brought a por-
tion of the brigade out of action, and subsequently held
the rank of Brigadier-General in the Crimea, for which
he was made a C. 8., and awarded a pension for distin-
guished services. Colonel Shewell was in every sense
of the word a good officer, and was high in the esteem of
all who knew him, He was 47 years of age.

THS HEALTH OP isORD EIBINGTOII.—At the annual
meeting of the West Buckland Agricultural Association,
held on Wednesday, Earl Fortescue stated that Lord
librington had been positively forbidden by his medical
advisers to attend any candlelight meeting, and he was
also obliged to abstain from reading and writing ; and,
to prevent the possibility of his transacting any business,
he bad been advised to withdraw himself from England
for the next six months. With strict adherence to the
rules laid down for him he (the noble earl) looked forward
to his return early in the spring with the fall restoration
of the sight of his remaining eye.
CITY REGISTRATIOff. —Mr. M`Christie concluded his
revision on Saturday. The following is a summary of
the results of the revision :—Clajms allowed, 51 • Ditto
failed, 13 ; Objections allowed, 533 ; Ditto failed, 42 ;
Erased by the Barrister, 27 ; Old names omitted from
the inew register, 1,871 ; New names inserted on the
new register, 1,870. The proceedings then terminated.
TRH MAILS.—The British and North American
steamer Persia, Judkins commander, took her departure
for New York on Saturday with a large cargo of fine
• goods and 209 passengers. Yesterdaythe Donald M'Key,
belonging to the "Black Ball" line of Australian mail
clippers, sailed for Melbourrie with 500 passengers and
2,000 tons of cargo.
THE MAILK—SOUTHAMPTON, Oct. 4.—The Peninsular
and Oriental Company's screw steamship Pera, Captain
Soy, with the India, China, and Mediterranean mails,
sailed this afternoon for Gibraltar, Malta, and Alex-
andria. She has on hoard 135 first, and 25 second class
passengers, 778,7631. value in specie for India and China,
1,0001. for Alexandria, and a full general cargo. Among
the passengers are General Lowe, Archdeacon Pratt,
Hon. Mrs. Campbell, Dr, Duff, General Tomkins, Com-
mander Mould, R.N., and Captains Mainwaring, Morgan,
Weikel-, and Atkinson. The Madrid, Captain Brad-
shaw, will convey the Vigo, Oporto, Lisbon, Cad* and
Gibraltar mails on the 7th inst. The Sultan, Captain
Cook, will be despatched on the 16th inst. as an extra
ship to Gibraltar, Malta, and Alexandria, with passen-
gers and cargo. The Indus, Captain Brooks, with the
next homeward India, China, and Mediterranean mails,
is expected about Wednesday next. The United States'
mailsteamer Hermann, Captain Higgins, will sail from
this port for New York next Wednesday with the Ger-
man, French, and English mails, passengers, and cargo.
SounwerroN, October s.—The screw steamer Ham-
burgo, Capt. Logier, from the Spanish ports, arrived this
afternoon, with 19 passengers and a large cargo, con-
sisting principally of dried fruits and wine. Among the
passengers are 17 shipwrecked sailors from Malaga. The
dates by the Hamburgo are—Barcelona, Sept. 14 ; Va-
lencia, 15 ; Alicante, 16 ; Malaga, 18 ; Cadis, 23 ;
Corunna, 26 ; and Santander, Oct. 3. Daring the voyage
the vessel experienced generally fair weather. After dis-
charging her cargo, &c., for England, the Hamburgo
will leave for Hamburg. The steamer Barcelona, be-
sloonugtihnagmptotont, onhe thesam emolrinnei,ng of thereachet lost.dlsSantander,from

GRATESEND STAR STEAM—PACKET; COMPANY.—The
final annual meeting of this once flourishing company
was held on Friday last, at the Clarendon Hotel, Graves-
end ; Chas. Becket, Esq., the chairman of the directors,
presiding. It appeared from the report presented that,
during the past year, the directors had been actively en-
gaged in realising the assets of the company, and dis:
posing of the stock, in which they had succeeded, th:f-agh
at a great sacrifice upon original cost. Upon tb;) whole
the directors recommended the payment of is dividend
of 9s per 51. share, and that the compe---iy be forthwith
dissolved.—Mr. Marriott complained that the directors
had sold the boats at a great sacrifice, aeod advocated
the necessity of appointing a committee of shareholders
to examine most minutely into the affairs of the corn-
pany.— Mr. Dobson, the secretary of the company, in
reply, stated that :1 few gentlemen had offered to pur-
chase some of the 'boats, with the intention of getting up
another company. The directors, however, had refused
to accept the proes offered, and had since obtained
better terms. One of the boats for which these gentle-
men offered 1;000/. was sold for 1,5001. After some
discussion, a resolution to dissolve the company was
unanimously adopted.