The Sun.
London, England, 1856-10-30 00:00:00

.RAILWAY TRAFFIC RETURNS.

LONDON AND SOUTHEASTER RAlLWAY.—Traffic re-
turn for the week ending Oct. 25,1856 £21,883 12 0
Corresponding week last year 20,728 19 10

Increase in 1856 .

£1,154 12 2

LONDON, BRIGHTON, AND SOUTH COAST RAILWAY.—
Traffic return for the week ending Oct. 25,
1856•• £16,08812 0
Corresponding week last year 14,469 6 3
Total of the half-year to this date, 1856 313,019 6 7
Total of the half-year to this date, 1855 216,963 5 1
GREAT NORTHERN RAlLWAY.—Traffic return for the
week ending Oct. 19, 1856 £25,60 4 5
Corresponding week last year 25,420 4 3
LONDON AND NORTH-WESTERN RAlLWAY.—Traffic
return for the week ending Oct. 26, 1856 _264,140 0 0
Corresponding week last year
CHESTER AND 14 OLYHEAD RAlLWAY.—Traffic return for
the week ending Oct. 26, 1856 £6,474 0 0
Corresponding week last year 5,779 0 0

Increase in 1850 .
GLASGOW AND SODTH-WESTERN RAlLWAY.—Traffic 1
alllc9 3
re-
turn for the week ending Oct. 25, 1856 t
Corresponding week last year 6,179 4 It

Increase in 1856 £6ol 14 4
-CORK AND BANDON RAlLWAY.—Traffic return for week
ending Oct. 25, 1856
Corresponding week last year £233 15 1231 11 6
GREAT LUXEMBOURG RAlLWAY.—Traffic return for the week ending Oct. 26, 1856 £79l 211
LONDON GENERAL OMNIBUS COMPANY.—Traffic re-
turns for the week ending Oct. 25, 1856 £11,041 5 2
AN D--

Ew iODGE.—A. trick was played off a few days
ago at the fair of Breaute (Seine Interienre.) A well-
dressed gentleman sauntering about with a valuable gold
headed cane in bis hand was stopped by a wretched-
looking man, who. dragged himself painfully along on
crutches, and piteously Implored charity. The gentle-
man, moved to compassion, geneto gave the beggar
a piece of silver. " How can you beyso foolish," cried
a
man standing by, " that fellow is an impostor add no
oo
more lame than you are. Just lend me your cane for a, minute, and by means of a sound thrashing I will con-
vince you of the truth of what I Fay." The gentkman mechanically let the man take the cane, and the beggar,
throwing down the crutches, ran off as fast as be could.
The other, amidst roars of laughter from the bystanders,
ran after him, menacing him with the cane ; and so they
ran a considerable distance, when they turned aside into
the town, and were seen no more. The gentleman waited
for some time expecting to seethe man return with his
cane, but the expectation was in vain;
it was then clear
that the whole scene bad been an affair concerted between
a pair of adroit rogues. The gentleman had nothing for
it but to walk home, feeling very foolish at having al-
owed himself to be so victimised,

Spirit of the Public Journals.

(From the Times.)
The proverbial weakness of example to teach that
which peop'e will not learn for themselves receives daily
illustration in the annals of commerce. Here we see
coaling together, like a wedding and a funeral at a
church gate, the beginning and the end of imprudence—
the seedtime and the harvest of folly. At the very mo-
ment that we hear a French company has obtained from
the Russian Government railway concessions to the
extent of 2,500 miles, and involving an expenditure of
nearly 40,000,000/., one of our own most able, most
enterprising, and, as was till lately thought, most suc-
cessful firms in this branch of speculation, proclaims it-
self unable to meet its engagements. Messrs. Fox,
Henderson, and Co., the contractors for the Exhibition
in Hyde Park, the Crystal Palace at Sydenham, and
other splendid undertakings at home and abroad, have
bad to appeal to the forbearance of their creditors.
Their difficulties have been koown for some time ; but
our readers are aware that these columns are about the
last place where they are likely %see mere rumours of
private disaster. In the present instance there was
more than usual motive for tenierneqs on this point, for
there is not a private firm in" the kingdom that English-
men have so much associated with the industrial and
mechanical triumphs of their cAintry. No doubt, this
is the too common fate of inventors and discoverers—of
the pioneers of enterprise and the vanguard of material
progress. Their work is too closely allied to genius not
to share its infirmities and mishaps. Yet it does seem
hard—at least one cannot but feet it—that the contrivers
and builders of fabrics which add so much to the enjoy-
ment and reputation of their country should suffer the
fate of the common tradesman who has neglected his ac-
counts, and miscalculated orfigganderatbis pro Ats.
_Yet
so it must ?oe, and subh la* of ripvtdencec. -There
are moral considerations which are- superior to the
claims of the most transcendaat genius ; and
everybody, from the Emperor on his throne to
the himblest huckster from the inspired poet to
the dullest artisan, must submit to "count the
" cost," and make certain prudential calculations, with-
out which everythinghe feels dear may be torn from his
grasp, his happiness marred, and his honour dragged in
the dust. It is our especial business to urge these ne-
cessary calculations against a host of subtle influences,
eloquent tempters, and contagioas examples. Often
would it havebeen more agreeable to go with the stream
or at least to say nothing when our warnings were not
likely to be heeded. But we have persevered to warn all
our eountrymen,—too many of that class who are said
soon to be parted from their money,—and we can permit
neither misplaced delicacy nor any personal regards to
stay our comments upon commercial imprudences when
they can be useful.
The " suspension" which we have mentioned is said
to have arisen principally, or immediately, from a loss
of 70,0001. by the Danish Railway. We believe, how-
ever, that the same,firm is engaged on the new water-
works at Berlin, and on the, Napoleon Docks—an im-
mense merchandise station at Paris. For anything we
know, the two last undertakings may be profitable. We
must say, however, that in the fact of a purely English
firm undertaking a foreign railway there is much to re-
mind one of the South American mining companies, and
other distant enterprises, on which so many hard earned
British millions have been thrown away. A British
contractor must bid low to beat one on the spot.
Though ever so superior in skill and experience, he must
still be under great disadvantages from want of local
knowledge and connexion. He must bid, and afterwards
act, very much in the dark. He must be more liable to

fraud or neglect at a distance than with the opportunity
of constant inspection. All this, and much more, is so
obvious that most people will think it rests with the con-

.
tractor to show he can execute such a work in a foreign
country. We shall perhaps be thought to offend against
the omnipotence of British enterprise, but there is a sad
amount of experience on our side. England can still
supply all the component parts of the undertaking,—the
personal skill, the manual labour, the rails, engines, and
other material. The capital, too, will, under any circum-
stances, be largely contributed by this country ; and it
cannot be said that a foreign railway is generally a worse
investment than a British one. A contract, however,
for the execution of a foreign railway, or the acceptance
of a concession, must rely on the soundness of all the
calculations on which the estimate is made ; and, so far,
it places the centractor, or the company, at the mercy of
those who have laid out the line, and their numerous
'unknown agents iu that work. Such is the nature of
the operation which has just now taken place between
the Russian Government and a French company to an
enormous amount. That company—it is not yet known
whether it is the Credit Mobilier or a rival—undertakes

to carry a system of railway right through Russia at con-
siderably less than 15,5001. a-mile. It may find the land
cheap enough ; it may not have to construct many
bridges or other works in masonry i • but it will find ser-
vile labour dear labour; it will find distance costly ; and
it will find Russian- Wtitutions rather in. ~its way. No
czpects -ex its money
doubt, too, it will obtain a good deal. But if the Bri- '
tish purchasers of the shares in this gigantic undertaking
lose all their money it will not be for want of a caution
on our part. They must judge for themselves, as no
doubt they will.
Considering that there is no difficulty just now in
getting a good interest for money at home, in the safest
possible investments, the British capitalist—perhaps
we /should say the British speculator—has no lack of
golden opportunities of a more poetical kind. He can,
thanks to the übiquitous agency of the Credit
Mobilier, sink his money upon railways in the well-
governed and well-settled kingdom of Spain. He
can, if he likes, present the Sultan of Turkey with
Aladdin's lamp by contributing to establish a Na-
tional Bank at Constantinople. For the permission to
do this the Sultan asks no more than a loan of 8,000,0001.
Such, however, are that potentate's resources, such the
peace and stability of his empire, and such his know-
ledge of railway statistics, that it is said he is about to
guarantee 6 per cent. to the fortunate contributors of
6,000,0001. required by the Euphrates Railway Com-
pany. But these are mere trifles to what we may soon
expect. Enterprise, that has had many a heavy blow
and great discouragement in this country, and that is
driven from one field to another like a party of thimble-
riggers or prize-fighters getting out of teach of the
" beaks," seems to have taken up its abode, en perma-
nence, in the neighbouring capital. There two colossal
companies are scouring Europe for money and
the universe for investments. We know not on what
star they calculate, or to what destiny they attach them-
selves, but they evidently seem to think that a fortunate
audacity is the secret of success. To a universal all-
grasping ambition they ascribe the wealth of England,
and they have only to follow our example and they will
make Paris in its turn the commercial metropolis of the
world. If they can do this with our money, if they can
induce the industrious English tradesman to invest his
savings in stock the fluctuations of which are entirely at
the command of a snug Parisian circle, they will be
certain to succeed in establishing a drain of English
money to their own hearts' great content and to the
ruin of some thousand English households. We are not
without our fears that they will even do as they desire.
Our poor countrymen have a sad penchant for speculative
investments, and do not remember how often, how uni-
versally, the dice are loaded in this game. They don't
know the difference between being bebind and before
the scenes. But if they do place themselves, their all,
their wives and children, at the mercy of foreign specu-
lators, who at best don't know what they are undertak-
ing, and most probably wish to sell their undertakings
at a premium, and shift the responsibility upon others,
thn they
ourhadvue t
y.
to tlbta n
isk
not
tthemselves.hefirt i time e
havewe have dis-
charged
raised the voice of warning, nor will it be the last, with-
out being heeded till it is too late.
e

(Front the Morning Advertiser )

For the last few months, whenever the question o
Naples has been brought on the surface, we have not
failed to allude to the underhand activity of certain
Muratist agents, who endeavour to " improve the occa-
sion" for their own and their master's advantage. Our
information respecting those dynastic plots wai of a
nature to be safely relied on ; consequently our language
has uniformly been that of denunciation, from which we
did not even shrink when the semi-official organs of
France undertook to disown the connection of Prince
Murat with the dealings of a foreign faction at Naples.
Today we are able to acquaint our readers that the
statements we have distinctly put forward months ago
are fully corroborated. We have before us a clear and
precise Muratist programme, extracted from an Italian
Review which is known to be in intimate relation with
the Pretender Prince. Though, of course, intended to
benefit the cause of the latter, this programme, we are
sure, will have a diametrically opposite effect with the
immense majority of the Italians, as well as with the
people of this country. It will powerfully contribute to
reveal the ambitious plans of a French dynastic clique,
and go far in acting as a warning to all friends of free-
dom of the dangers that await them if, in escaping from
the Bourbonic Scylla, they fall into the Muratist Cha-
rybdis. It may, therefore, be interesting to give a suc•
ciuct resume of this recent manifesto, as it is the first
public acknowledgment of die igns hitherto cnly hatched
in secrecy.
The writer of the Manifesto commences with intro•
ductory remarks on the late Russian war, and the
complications which have wrung up since the conclusion
of peace at Paris. In carrying out this revi
Two ew, he ar-
rives thitenedeantotnhnecoeSieilies,
whose i
glueing so as sitm
an
nn o
obstaclefthe
to the eaten
sion of progress, and as as impediment to the develop-
mentK
of industry and commerce. France and England,
the writer continues, hate their trade and industrial
interests to satisfy ; and the King of Naples, "like
all other despots," is a stornblingblock to these interests,
he must be removed front their path, and "he and his
race hurled from the thrcne," a necessary sacrifice to the
fraternity of the two Western nations.
From this introduction one might be inclined to ex-
pect some very liberal propositions,—the more so as the
writer, in the sequence A his strictures, does no: even
scruple to attack Austrie, and to advise the expuhicso of
that Power from Italy, However, the conclusions he
' arrives at are of a very different character to the seeming
purport of his-pre!atory remarks. Re suddenly makes a
l?old transition frOrn tba "Jnercantile interest" and the

"development of progress," with which he started, to a
flaming panegyric of the ".military aspirations of the
Napoleonic dynasty ;" and then puts the question, whe-
ther it would be more conformable to the spirit of Italy
to be organised on the basis of a Unitarian Constitution,
as proposed by Mazzini, or whether it would not be ad-
visable to have different monarchies in Italy—one of
which to be ruled by a Murat, the other possibly by a
Prince from the House of Savoy.
From what has been stated above, the nature of the
answer to these questions may be guessed. The writer
of the manifesto, hypocritically assuming that " Italy,
like a prolific mother, has exhausted herself by her own
fecundity," declares the time of real popular freedom to
be irreconcileable with the "aged feebleness" Italy has
arrived at, and therefore advises the establishment of a
"strong authority," on the ruins of the shattered throne
of Ferdinand 11. The internal divisions and jealousies
(he says) which divide the several factions of the penin-
sula do 'not admit of any other course being adopted.
There remains nothing but to organise a "strong military
power," which is "necessary to restore authority and
order in a country that has undergone so many political
commetions." Of course, the writer is of opinion that
" with a Murat, the people would greatly reinforce this
desirable military element ;" and he, therefore, proceeds
to recommend his French pretender to the suffrages of
the Italian nation. In terms the most fulsome and flat-
tering, he proposes Prince Murat as a King for Italy,
leaving it at last even in doubt whether poor Victor
Emmanuel, who, for appearance's sake, has beeu named
in the beginning of the programme, is to be taken into
consideration at all at the final adjustment of the affairs
of the peninsula.
A concluding observation of the writer of the mani-
festo may still farther be Await upon. He advises the
Italian people to act at once, and to lose no time, lest
the prospects of Muratism might'share the fate of the
`prospects of-O'Donnt3ll, who, "in spite of certain recom-
mendations from abroad," hesitated too long in precipi-
tating the Spanish Bourbons from their throne, and be-
came himself the victim of their hatred. This allusion
to "foreign recommendations" clearly indicates the part
the French Government has played iu the recent Spanish
crisis. In pointing attention fo the fate of O'Donnell,
the author of the programme gives his readers to under-
stand that now or never the cause of Murat must be
fought, otherwise the chances of victory will pass away
as irretrievably as those of the Spanish dictator, who
lacked the energy for acting upon the counsels of the
Tuileries.

The Manifesto we have thus retraced in its principal
features is an important document for arriving at a just
estimate of the Neapolitan complication. It is remark-
able as well for the positive assertions it makes, as for
the facts it passes over in silence. The air of high pro-
tection it assumes towards the "mercantile interests" of
Great Britain, and the superciliousness with which it
affects to disregard the political interests this country
has in the peninsula, are characteristics not to be over-
looked by Englishmen. On the other hand, the slighting
tone of patronage the manifesto indulges in towards
Piedmont is equally instructive. Piedmont, if we under-
stand rightly the advocate of Prince Murat, is for the
nonce to act the useful part of the cat in the fable, and
pull out the desirable chesnuts from the fire for the be-
nefit of the monkey. We think, however, there is too
much political- good sense at Turin to consent to the
adoption of this humiliating and suicidal part. In fact, no
sooner would Piedmont have aided in establishing a
French prince on the throne of the Two Sicilies than it
would have cause deeply to deplore such co-operation.
With a Murat at Naples, and a French army in the
Papal States, Piedmont would entirely cease to be a
free agent, and be hemmed in between the pressure of
the French empire on the one hand, and the influence of
French power in Southern Italy on the other. What
fate would befal little Piedmont, thus enclosed in the
embrace of pretenders with colossal military and naval
forces at their command !
The ambitious views entertained even now at the
Tuileries respecting Piedmont may be judged from the
counsels lately given by the Imperial press to the Court
at Turin. Within the last few weeks several of the
organs which are known to be directly inspired by the
French Government openly counselled Victor Emmanuel
to overthrow the constitution of his country, and at the
same time asserted the necessity of re-uniting the Sar-
dinian province of Savoy to the French empire ! Thus
will it be seen, that not only does Muratism encroach
upon the national independence of Southern Italy, but
even in the north of the peninsula the dynastic influence
of France endangers the European equilibrium. It is
high time the attention of the British statesmen should
be directed to this point, lest our national power—which
we would gladly see employed for the furtherance of
Italian freedoin—might be used merely to change a
decrepit despotism for one more subtle, and possessing
greater powers of mischief.

OPPOSITION TO MINISTERS' MONEY

AT CORK.

At meeting of the Town Council of Cork was held on
I.llamaincr 1
the Urows solicitor was read :-
45, Kildare-street, Dublin, Oct. 23, 1856.
" Sir—l beg to intimate to you, for the information of
the Town Council of the borough of Cork, that it having
been made to appear to his Excellency the Lord Lieutenant
by the Ecclesiastical Commissioners for Ireland, that three
of the half-yearly instalments for ministers' money, under
the statute 17 Vic. c. 11, had become due and payable oat
of the several parishes within the borough of Cork, and
that no portion thereof having been raised or paid, the
several sums thus become Crown debts. That his Excel-
lency had, in consequence, been called on to make, and had
made, an order in pursuance to'section 5 of the statute,
that the demand should be recovered and paid over to the
Ecclesiastical Commissioners, and I have received directions
to institute proceedings for the recovery of the instalments
due, against the corporation of Cork, and shall be obliged
to exhibit an information against the corporation in the
first day of ensuing term unless the demand shall be com-
plied with in the interval.
" I remain, Sir, your obedient servant,
" WILLIAM KEMMIS, Crown Solicitor.

"Alexander M`Carthy, Esq., Town Clerk
of the borough of Cork.
Mr. Fagan, M.P., said—l think, sir, and it must be
now evident to all, that the course I proposed, and
which was adopted in council in regard to this question
of ministers' money, was the most prudent one. This
council declined to collect that tax, not because they
indignantly repudiated the law, but because they had
not the machinery to carry out that law. The law
required us to raise this ministers' money by means of
a rate to be assessed or levied on the houses subject to
it ' • and to carry out that law we should have a separate
valuation of those houses. Mr. Griffiths' is the valu-
ation on which all our local rates are levied, but that in-
cluded stores and other buildings of a similar descrip-
tion, which are not liable to the tax, and unless there
was a separate valuation the law could not be carried
into practical effect. This council called on Mr. Griffiths
for a second valuation. They applied to have a reviser
sent down to rectify the assessment as it then stood, but
he refused to do it. A memorial was sent up to the Lord
Lieutenant, stating the reasons why the council could
not proceed with the collection. Mr. Horsman acted a
most inconsistent part in the course he adopted in mak-
ing one of the most able, eloquent, and effective speeches
in favour of the abolition of the tax, and voting against
it after—but that proved that whatever the peculiar
views of Government might be on the question, they
were determined to support it as it was on the statute-
book, for being the executive they were bound to do so '
Next session, however, some steps will be taken against
it. In my opinion, therefore, we should appear in the
Exchequer, for I think, we have an equitable defence on
the grounds that I have stated. (Hear, hear.)
Dr. Linehan—And who is to pay the expense of all
this ? (Oh, oh.) Yes, I say who is to pay the expense ?
It was the law of the land and we must carry it out.
(Oh, oh.) If the law is defective, as Mr. Fagan says,
why did he not move about it in the House of Corn
mons ? Why did he not look to it before, instead of en-
deavouring now to plunge this council into litigation ? I
belong to a part of the city that • does not pay any
ministers' money. (Oh, ob, and laughter). Now I pro-
test altogether against being taxed by this litigation.
Mr. Penrose—How will you carry out the law /
Dr. Linehan—We have a right to carry out the law.
Now I do not want to say anything offensive to any
member, but to give my opinion above board, and cer-
tainly I will not allow my part of the city to be taxed
for your litigation. (Oh, oh.)
Mr. Keller—Fie, fie, doctor.
Dr. Linehan—What do you say lie for ? (Laughter.)
I am a loyal subject, and 1 will support the law.
Mr. Keller—Surely, doctor, it is joking you are.
Mr. Sheehan—He is a J.P. of the county, and wil
be a deputy lieutenant one of these days. (Laughter.)

ions :

Dr. Linehan—l don't want any of your joking, sir.

Mr. Sheehan—We don't care what you are.
Mr. Sheehan and Dr. Linehan rose to their feet and
remained looking at each other for some time, while
roars of laughter were heard from all sides.
Mr. Sheehan—None of your humbug, now. (Con-
tinued laughter.)
Mr. O'Neill—That is very unparliamentary. Call
him out, doctor. (Oh, oh, hear, and confusion.)
Dr. Linehan--I want to save myself from this expense,
and I protest against this litigation. I know I shall
lose popularity, but I do not care a fig for popularity.
(Great laughter.)
Mr. Sugruo said he could not sit down and silently
listen to Dr. Linehan impute a dereliction of duty to

.....
Mr. Fagan, their excellent representative. There was
net one in Cork who would not say that they never had
a more painstaking member than he, whose exertions
were always rendered in promoting the interests of the
city. Dr. Linehan should not charge him with neglect
of duty.
Dr. Lineham (standing up). I deny it altogether. I
deny it, sir. Well, well, did you over bear anything
more preposterous. (Roars of laughter).
Mr. Keller—There is no mistake but you are guilty,
doctor. (Laughter.)
Mr. Sugrue—lt is well known that Mr. Fagan used
all his inventive faculties and his great ability against
this measure in the House of Commons, and everything
that he has done deserves the assent of corporation.
(Hear, hear.) It is impossible for us to avoid going into
Chancery, and unless we take measures in time, the
Government will;send down a receiver over our tolls
and thus compel us to pay.
Dr. Linehan—Levy the applotment they gave you.
Air. k"agon—l heg to move the following resolution—.
...

tand beg to bay in reply to Dr. Lineham that the expense
of appearing in the Exchequer will add very little to the
3000 and odd pounds assessed on us. Dr. Linehan should
bear this in mind, and also that it,would be impossible to
collect that sum before next term. I beg to propose
this resolution—" That having found the imporsibility
. of collecting ministers' money, in consequence of the
refusal of Mr. Griffiths to amend his valuation of the
borough, and it appearing to the council that there is a
just and legal defence at law to the demand now made
for the collection of the arrears of ministers' money, re-
solved that our law agents be instructed to take the
most effective steps that may be best advised, to oppose
the demand of the government, either in the Court of
Exchequer or in the Court of Chancery."
Mr. Sugrue—l beg leave to second that,
Dr. Linehan—Why should my property be taxed to
relieve others from taxation I (Oh, oh, and laughter.)
. The Mayor—Doctor, we must have the serjeant at
arms to remove you. (Continued laughter.)
Mr. Scott—This is a debt to the Crown and must be
paid, or the Government will obtain a judgment against
the corporation, seize its property, or, if it has no pro-
perty, its tolls. That is the law.
The original motion was adopted by a majority of 22
to 3.

RAILWAYS IN RUSSIA.

(Prom the Times' City Article.)

Fall statements from St. Petersburg respecting the
Russian railway concessions jult announced are looked'•
for with considerable anxiety. The hope is that the
terms may be found inadequate to float the shares in our
market, and that it' will be necessary on the one hand
greatly to diminish the sum demanded, and, on the other,
to increase the guarantee. It may be presumed that the
total of nearly 40,000,0001. sterling is contemplated to be
spread over several long intervals, but even if those
should extend to 10 years the drain would create a
chronic pressure sufficient to produce many disagreeable
consequences. Supposing only 5 per cent. caution
money to be exacted on the whole amount, about
2,000,0007. would at once be drawn away to lie in the
citadel of St. Petersburg and form the nucleus of a new
collection of bullion to repair the exhaustion of the pre•
vious stock occasioned by the war. That such a condi-
tion even as this can have been acceded to at the present
moment would appear scarcely probable ; but, after what
they have witnessed, and the notification only a few
days back that the Credit Mobilier, in the midst of all
the mischief it has caused, has just contracted to con-
struct a new Spanish railway, the public would not be
surprised at any results to which the competition of
eager speculators might lead. Hence, although it may
turn out that the engagements entered into have been
of a much more guarded character than would appear
from the bare announcement of the concession without
the qualifications by which it may be accompanied, it is
right that the vigilance of the public should meanwhile
be awakened.

The annexed communication on the Russian railway
scheme embodies a protest against it which wiil harmo-
nise with the views of manyprudent persons. The writer,
however, greatly overrates the power of ,the press to
prevent the public from rushing into such contracts. The
only question will be what premium should the terms
offered command, reckoning their value according
to the present market price of Russian stock. If it ap-
pears that the investment will certainly pay 5 per cent.,
then, as Russian 5 per cent. bonds are now at about
107, it will be readily taken by all who can get it, and
any expostulation would be as ineffective as an attempt
to induce a merchant not to import corn at 708. when it
is saleable in Mark-lane at 80s. All the Times can do is
to urge the public, before they commit themselves to
new subscriptions based upon existing quotations, to
satisfy themselves that those quotations are; legitimate,
and likely in the long run to be permanent. Let them
consider whether, in the event of peace being maintained,
the absorption of capital in great works all over the
world is not likely to present opportunities for -invest-
ments as secure and more attractive than a Russian
guarantee of VE or 5 per cent., and next, whether the
prospect of peace is so certain that it is not necessary to
allow any great margin for the opposite contingency.
Let them recognise, moreover, that since in a general
sense the idea of railways in Russia proving commer-
cially profitable is as yet nowhere entertained, the gua-
rantee is all they will have to rely upon ; that the pay-
ment of this guarantee will upon every condition as to
the mode and time of cemitruction having been ful-
filled to the satisfaction of tile Russian Government ;
and that the magnitude of the 'contract takes away
the inducement to that liberal treatment of all
open points which would be probable if the amount
already subscribed were not sufficient for the entire
length of railways intended, and a generons course
were necessary to insure the practicability of getting the
remainder. The fact that while an affair of this descrip-
tion is pending, every device is employed by govern.
ments and their agents to excite confidence and give a
fictitious value to their existing securities, is also im-
..diroaciAika of any
butkind it breathes nothing friendly ponti...o ---..-
ments. It is further to be remarked that one great
cause of the high prices Russian stocks have of late
years attained is owing to the predilection for them on
the part of the capitalists of Amsterdam, and that,
although this influence on a limited market has hitherto
proved powerful, it might be comparatively weak after
the creation of additional liabilities of 40 millions,
to say nothing of direct State loans which are cur-
rently reported to be much needed, and which would,
perhaps,tnot be long delayed after the railway sub-
scription lists bad been fully filled. On the subject
of the facilities these railways will afford Russia in
future aggressions little need be said. It is impossible
not to apprehend that, while railways in other coun-
tries rapidly diminish all tendency to warfare, the con-
trary prospect must in the case of Russia be taken into
account. Happily, as respects the danger of a non-ful-
filment of the guarantee during hostilities, such a result,
although disastrous to the shareholders, would not be
so to the world at large, since no State can venture on
repudiation without destroying its power ; and the mo-
ment Russia ceases to pay her dividends she will also
cease to be a cause of political disquietude to other na-

" Sir,—l write to evoke your warning voice against
the drain which the great capitalists are preparing for
us by an extension of the railway system in many parts
of Europe. I allude more particularly to the announce.
ment from St. Petersburg regarding the concessions of
the new railways of Russia. A. short time back it was
pretended they were to be made with Russian capital.
Let it be so. Use your influence to that effect ; discou-
rage our speculative public from swallowing the gilded
bait which the millionnaire anglers of Paris and London
will no doubt soon offer them. Tell them in your own
way to reckon the cost—a demand for gold, straitened
means, inability to promote legitimate undertakings at
home, and the placing Russia in a position when we are
again opposed in arms to command the one thing want-
ing in the late war—the ability to move her troops with
facility to distant points of her vast empire, and thus to
facilitate her known aggressive policy against our Indian
territories.

"Remind them that every shilling of English capital
BO expended in Russia strengthens her at our cost, while
the rich bankers of St. Petersburg will ultimately be
the only parties pecuniarily benefited by the speculation.
"If after we have given support to the legitimate
claims for home investments, where every pound fructi-
fies for our national advantage, we have enough and to
spare, let us look to Turkey, whose advancement is our
safeguard—whose fields for British enterprise are, by
the unanimous voice of all who have visited that impor-
tant country, pronounced to be unequalled by any other
in the world.

" True, there is much to contend against at present in
the religious prejudices of the people, their want of bu-
siness habits, and the unfortunatejealousies which divide
their rulers ; but all these must give way ero long, and
their natural sagacity will not be slow to discover the
immense advantages which a close alliance, political and
commercial, will certainly secure to them, while it will
not be less beneficial to ourselves.

"Trusting these hastily written remarks may be
thought worthy of a place, and that the subject of them
may receive your watchful care,--I am, &c.,

" A CITY MAN." MAN."

[ADVERTISSIMXT.] SIGHT AND HEARING SPECTACLES,
POWERFUL TELESCOPES, OPERA, PACE, AND PERSPECTIVE
GLASSES.—Messrs. S. and B. Solomon, opticians, 39, Albe-
marle-street, Piccadilly. Observe—opposite the York Hotel.
By her Majesty's Royal Letters Patent for valuable and
extraordinary improvements in the most powerful and
brilliant Telescopes, Camp, Racecourse, Opera, and Per.
spectivo Glasses, to know the distances. These telescopes
possess such extraordinary powers that some three and a-half
inches, with an extra eye-piece, will show distinctly Jupiter's
moons, Saturn's ring, and the double stars. With the same
telescope can be seen a person's countenance three miles and a
half distant, and an object from 16 to 20 miles. They aro of
larger and all sizes, with increasing powers accordingly.—Tne
Royal Exhibition, 1851. Valuable, newly-invented, very smal3,
powerful waistcoat-pocket glass, the size of a walnut, by wh. eb
a person can be seen and known 12 miles distant ; they answer
every purpose on the race-course, and at the opera houses,
country scenery, and ships are clearly seen at 8 to 10 miles.
They are invaluable for shooting, deer-stalking, yachting, to
sportsmen, gentlemen, gamekeepers, and tourists. Opera,
race-course, camp, and perspective glasses, with wonderfu'
power. Newly-construrted Spectacle Lenses of the great-
est transparent power. The valuable advantage derived
from this invention is, that vision becoming impaired is
preserved and strengthened, and very aged persons are
enabled to employ their sight at the most minute occu-
pation-•- can see with these lenses of a much less magnify-
ing power—and they do not require the frequent changes
to the dangerous effects of further powerful assistance.
Persons-can he suited at the most remote part of the world,
by sending one of the glasses out of their spectacles in ai
letter, and stating the distance from the eyes they can react
small newspaper print with it; and those who havenot made use of spectacles by stating
Deaf-
ness. Now Discovery. The Organic Vibrator,
an
for
ex-
traordinary powerful, small, newly-invented instrument
their age.deafness, entirely different from all others, to surpass
ever can be,
any-
thing of the kind that has been, or probably
per-
ceptible ; it enables deaf persons to hear distinctly.n 0 _
singing
produced. Being of the same colour as the skin,isatncohtuch
and at public assemblies ; the unpleasant seniatariro f
noises in the ears is entirely removed; and
assistance that possibly could be desired.-39,
York
Row.
Aro% Observe7-opposite t Y 39,4)Airdsbeanill,utihee..

ATTryipAp._
71
Naval and Mirtary Int/Ili ---
Icr
~rg, „._.
,
The half-yearly inspection of the corperefeK . *.' , •-,34
gineers, with the troops 'of the Eist In 1/140eveiel- e-4t.- - Cl 4
Sappers and Miner 3, took pla,ce at Chat .703. 7r•L•e'ee'!'e:
by General Sir John Burgoyne, G..C.8., A.,,; 03.0. 0.4,e0"e' fir-
licv
specter General of Fortiecations, who was ceonis li • . :,."?/A.,te•
by his Aideetle-de the Hon. G. • reo4t6oey.- k4'CNie:-.?-7/
On the arrival of General Burgoyne .4 13rompebb Ea -s--
racke,he proceeded to inspect the large rangy of barracks
now, course-of erection at the rear of. Brampton Bar-
. rackig• After spending some time in the inspection of
' the buildings he returned to Brompton Barracks, where
the corps of Royal Engineers and the East India -
Company's Sappers and Miners, to the number of
about 1,200 men, were drawn up. The appearance pre.
sented by this corps was- extremely striking. Each man
having been supplied with several rounds of blank car-
tridge, the troops were marched to Chatham Great Lines
for the purpose of being inspected and going through
the manoeuvres of a field-day before General Sir John '
Burgoyne, who was attended by Col. Eden, the Com-
mandant of Chatham garrison, and a numerous staff of
officers. The troops were then practised in blank car-
tridge firing and various military movements, the whole
of which were executed in a manner which gave evident
satisfaction to the gallant general.
Notwithstanding the unfavourable state of the morn-
ing, the pensioners, forming six companies of the Wool-
wich division, assembled yesterday morning at 9 o'clock,
according to orders previously issued, and were mus-
tered on the parade-ground fronting the Royal Artillery
Borracks, at Woolwich. Having answered the muster-
roll, they were inspected by the commanding officer,
Colonel Forbes, who rode down the ranks and examined
the arms and accoutrements.
The following gunboats, lying in ordinary at Wool. •
wicb, have been ordered to coal and proceed down the
river on a trial of their machinery :—The Pheasant,
Ripple, Quail, Prompt, Parthian, :Porpoise, Handy,
Hunter, Growler, and Primrose.
Mr. Monsell and another official from the Board of
Ordnance paid a visit to Woolwich Arsenal yesterday,
and inspected the war and laboratory departments.
DEVON£ORT, WEDNESDAY.—THE NIAS INQUIRY.—
The inivestigation into the charges brought against . •
Captaid Nies, superintendent of the victualling yard :'
'at this `port,by the storekeeper, was concluded on Satur- .
day last. The case, it was supposed, would have been ..
. e
here bdought to an end, but the Admiralty appear de- - . . "..
termined to sift the complaints to the utmost. On Sun-
day ..
last Mr. Grant, comptroller general of victualling,
arrived here, and on Monday morning the inquiry waif •
resumed. The policemen were examined, and it is said '
the clerks of the establishment are also called upon to •
give evidence.
The ?following military changes are taking place is
Scotlatid :—A detachment of the sth Dragoon Guards,
of whi6h the head-quarters are in Edinburg:), are on
the ma
-eh from Hamilton to Perth. They number 5
officer and 150 men, of whom two-thirds are dis-
mound)d. The cavalry are relieved at Hamilton by a
battery of Royal Artillery of about 180 men, who
have marched thence to Woolwich, The depot of the
second battalion lst Royals joins the depot of -the
first battalion, and of the 21st and 25th Regiments, at
Glasgow. At Stirling a Highland depot; battalion will be
formed of the 42d and 79th under Lieut.-Colonel Muller;
and at Port George another Highland depot battalion
will be constituted of the 71st, 72d, 91st, and 92d, under
Lieut.-Colonel Taylor.

CRUISE OF H.M.S. MAGICIENNE.
The following is an extract of a private letter :
" H.M.S. Magicienne, Buyukdere, Oct. 3.
"We arrived yesterday from a most delightful -
cruisd in the Black Sea. It being calm we steamed
along; the Circassian coast, round the whole of the
Crimea, at a distance of from one to two miles from the
shore; going close to, and remaining off for a few
hoursi Soujak, Anapa, Kertch, Theodosia, Sebastopol,
Eupatoria, Kinburn, Odessa, Serpents' Island, and -
Sezopoli. We got a good view of the imperial palace
at Yalta, and also of that of Prince Woronzoff. At
AnaPa about 500 Russian troops were encamped, throw-
ing u fortifications to guard themselves from surprise.
We observed a large amount of forage stacked, also fas-
cines,letores loading, and everything necessary for win-
tering and guarding against, we presume, an attack of '
the gireassians. We steamed into Sebastopol between
the sdnaken ships ; they appear to have done nothing
towaids raising the vessels, nor have they commenced
refortifying the town."

HONG KONG, SEPT. 12.
Admiral Sir Michael Seymour, on the 20th ult.,
was at Port Bruce, Sea of Japan, with the Winchester,
Pique, and Barracouta. This report was taken by the
Hordet, with his Excellency's despatches, to Shanghae.
The day that the Sybille arrived in Hong Kong from
the north, the 26th ult., the Nankin left for Shanghae.
The Sybille still flies the broad pendant of Commodore
Brydnne Elliott, thouglinit was not saluted by the Cal-
eutt4 80, on her arrival here on the Bth instant. The
Bittein, sloop, is moored at the head of the Macao Pas-
sage' 'above the Factories, Canton. It- is said that she
will I!se sold out of the service when the Winchester goes
home and can take her crew. The. Comus is on the
coast convoying. The Encounter is at Shanghae. The
Racehorse, at Foo-chow-foo, was run foul of by the
steamer Confucius, on a recent occasion, and had her
bowsprit torn out.

THEATRICALS AT COMPIEONE.

Th.° Messager des Theatres gives the following
account of. the theatrical performance which
tool place lately in the presence of the court
.at
A,t half oastleight their.-Majeatiasi.- •
Wren. the theatre, thready occupied -b3t-..thp
persons invited. Tho orchestra was reserved for &.
supOrior officers, all in grand uniform. In the boxes
at the sides were seated ladies in magnificent
toilottes. The centre boxes were set apart for the
court. Tho Emperor was in black, and wearily, the
grand cordon of the Legion of Honour • the Em-
press wore a white dress with a cloak of crimson
velvet. Their Majesties on entering were received
with the loudest acclamations. All the seats behind
and near them were filled with the Imperial house-
holds, the ministers and grand dignitaries of the
court. As soon as their Majesties had taken their
seats, the curtain rose for the representation of
Quand l'Amour s'en va,' the performers being
Mines. Guillemin, Saint Marc, and Bodin, with
Felix and Parade. Their Majesties when the cur-
tain fell gave the signal for applause. The Imperial
party then withdrew for half an hour to take re-
freshments, and on their return the curtain again
rose for 'Le Mari de la Dame de Chceurs.' Arnal,
who has joined the performers of the Vaudeville
theatre, was exceedingly amusing. Mine. Guille-
min also, in the mother of the danseuse, was excel-
lent •
'and in one passage in the first act threw the
whole house, commencing with their Majesties,
into the greatest hilarity. The Empress, in par-
ticular, laughed most heartily, particularly when
the mother of the danseuse exclaims, Ah !if Napo-
leon had only listened to my advice!' You were
acquainted with the Emperor?' No, but Icould
have known him ;lac saw meat Berlin, when I played
Eucharis in " Telemaque." Ho even remarked me
and sent to compliment me by M. Cardet.' Their
Majesties were highly pleased, and of course so
were the court and the persons invited. The re-
presentation terminated at half-past eleven ; and
when the performers were partaking of the excel-
lent supper provided for them, Count Bacciocchi,
grand master of the ceremonies, came and compli-
mented them on the part of their Majesties. At
half-past one in the morning a special train whirled
back to Paris the amusing performers who had en-
joyed the satisfaction of exciting the laughter of
so illustrious an audience.—On Thursday next,
the,
la
iatcet oar,s ounf
bt ha
le
InT ha es
(la turee, Fa
rir adntcha
ei s
, wßi
ol
upgeer
of
irr m;
atnhe
d
on the Thursday after, those of the Gymnase, the
Vainqueurs do Lodi,' the Toilettes Tapageuses,'
and Michel et Christine.' "