The Sun.
London, England, 1851-11-24 00:00:00

THE SUN,

though that eloquence was conveyed to our senses
through the medium of a language to which the
speaker was unaccustomed, and every syllable of which
he pronounced with a diffident and laborious pronun-
ciation. What was yet moredeserving of consideration,
however, was that nobility of feeling apparent in every
sentence to which KOSSUTH gave utterance
while addressing his well-wishers in the
United Kingdom—his orations being so many
manifestoes, sooth to say, in favour of free-
dom and in the cause of advancement through-
out the length and breadth of Christendom. So con-
spicuously were these truths displayed in the im•
• passioned addresses delivered by Louis KOSSUTH to
the people of England, that many were tempted to
regard this man scarcely so much as the leader of the
Hungarians as the champion of Civilization. The
Coming Man seemed iu him to hare at length
arrived. The most phlegmatic bowed to the fervour
of his impulsive oratory ; and we are told by those
who had the satisfaction of witnessing his reception
in the manufacturing districts that even the trading
and toiling population of those parts were carried
away by his animated discourses and infilmed to an
unexpected degree of enthusiasm. Surely in all this
must be perceived a capacity given to this re-
markable personage for no trivial purpose ;
and it would seem as if the very destruction
of his first hopes i❑ reference to his heroic and
betrayed countrymen were tending to the greater ad-
vantage of Christendom. In speaking thus we are
by no means employing the specious language of
paradox. We reason upon the matter solely from a
common-sense view of recent occurrences. We be-
hold Hungary trodden down under the heel of the
AUTOCRAT, and her patriotic leaders driven beyond
the frontiers of their outraged country—and, inasmuch
as we witness these terrible calamities,we find onlysub-
ject for profound and spontaneous lamentation. Yet
while we see these misfortunes happening to the
gallant and aspiring race of the Magyars, we see at
the same time a consequent blessing diffused not only
over the western portion of Europe, but extending even
into the distant regions of another hemisphere. The
chief of the exiles, by his genius and by his sublime
devotion to the interest of Liberty throughout the
whole family of mankind, has become suddenly trans-
formed from the leader of a single nation into the
champion of the rights of bumanity among all na-
tions. He has landed on the shores of England, and,
—simple exile though he is, almost pennyless though
he is, devoid of all adventitious assistance though
be is—the whole people of this island rise to wel-
come his appearance, shout to evidence their sympa-
thies, call down upon his head the blessings suggested
by their admiration and enhanced by their respect.
Such has been the cordiality of those extraordinary
proceedings which marked the progress of the great
exile through the city streets and rural highways of
England. Such has been the unanimous delight
with which his voice has been listened to by our la-
bouring and reflecting population.
After his ovation in England—an ovation unbought
and unsolicited, the natural outpouring of popular
homage to the hero of so many lofty and unsullied
achievements—KOSSUTH has hastened across the
Atlantic, and is now being daily looked for by the
free citizens of the United States. That his welcome
in America will be as enthusiastic as that accorded
to him in Great Britain we are confident ;
and we anticipate the accounts which must
speedily reach us of his arrival at New York
with no slight or ordinary feelings of satisfaction. It
is not that we are in any degree carried away i❑ a
passion of enthusiasm for the man. It is because we
regard the reception of this public and brilliant kind,
when accorded spontaneously by the people of Eng-
land and America to the illustrious Liberator of the
Magyars, as something grander tha❑ a merely per-
sonal demonstration. We look beyond the thing
itself to its consequences. We recognise in the
ardour displayed upon this occasion in the
United Kingdom and the United States the promise
of the ultimate victory which must be secured sooner
or later to the divine and humanizing principles of
democracy. That victory we conceive to be brought
nearer to us by the spirit awakened in the minds of
the people by the genius of this great leader of the
Hungarians; and it is on this account that we view
with such unalloyed complacency the enthusiastic
welcome yielded to Kosstyru on his arrival in Great
Britain, and the equally if not more enthusiastic wel-
come prepared for him on his arrival upon the shores
of the American continent.

The stock of bullion in the Bank of England ap-
pears to be steadily increasing. From the last pub-
lished returns we find that during the week ending the
15th November instant it amounted to no less than
15,695,3441.-435,9431. increase on the preceding
week. We are by no means surprised at this very
satisfactory state of affairs, which affords
the most auspicious auguries as to the future
prosperity cf the country. It is the natural result
of the discoveries in the auriferous regions
and the extraordinary activity for some years mani-
fested in California, and more recently in Australia.
When such enormous quantities were obtained i❑
these districts it required no miraculous power of
vaticination to predict that a large proportion thereof
would find its way to England, where a favourable

market could certainly be found. Many of the suer.
cessful speculators, too, would naturally hasten to
Europe to enjoy the fruits of their good fortune, and
the tide of bullion would necessarily flow in the
same direction.

As yet, however, the results are barely perceptible ;
henceforward we may calculate,on much larger receipts.
When the Peruvian and Brazilian mines were disco-
vered in the latter end of the fifteenth century, many
years passed away before prices were materially altered,
or the value of " the precious metals " were seriously
depreciated. This delay was aacribable to the
defective means of intercourse. In these
d lys, however, we shall do as much in a single year
as our forefathers could accomplish in ten or a dozen.
We live in a pushing, go-a-head period, when all
must conform to the spirit of the times. It is not in
the means of transit only that there is the great im-
provement—we now thoroughly understand the im-
portance of cordial co-operation. The joint-stock
company principle will be extensively re-
sorted to. Many companies have been formed

in which the requisite capital has not only
been freely subscribed but punctually and regularly
paid up ; and one (the Anglo-Californian Gold Mi-
ning Company), which, being the first in the field,
had a considerable start of its rivals, is already in ac-
tive operation, earning money for its shareholders,
and, what is more important to the community at
large (at least so long as the present monetary code
is permitted to continue in operation), pro-
curing bullion, which must all come to Great
Britain in due course. In the olden time each man
worked on his own account, or if he joined one of the
expeditions fitted out, he was at liberty to leave at
any time, and to carry his share of the profits
(" booty" might, perhaps, be a more proper phrase,
considering the nature of the mediaeval undertakings)
where he thought proper. Now, however, where a
company (such as the Anglo-Californian) is at
work, all the net profits will be forwarded di-
rectly to bead-quarters in London for dis-
tribution. The effect of the large addition
to the currency or circulating medium of the country
will therefore be speedily manifest. When we see
has been obtained from isolated exertions and
comparatively
unskilled operations, what may be
anticipated from the zealous and indefatigable efforts
of a well-selected body,under the
direction of a gentle-
man of character and
experience ? Steady miners,
thoroughly disciplined, acquainted with the best
methods of obtaining the richest ore or quartz, and
h i c
with the machinery on the spot for the
crushing the rock and extracting the puz purpose
e gold,
which
ofh
can operate on no less than 30 tons of quartcot.
perl
dizm, and with every requisite for keeping it in
stant operation, must produce very considerable re-
sult ~ Not only will the ordinary methods of obtain-
ing gold be followed, no', only will the company
search for itself in every practicable manner,
but it will, on receiving a handsome percen-
tage, a moiety of the clear produce, manu-
facture the raw material and turn it to the best
advantage. Were there nothing else to be looked ,
forward to, this would give ample and most lucrative
occupation:; but the company have four different sites
to work on, to which they may resort at any moment,
and all held under unquestionable titles.
But, although tthe company have the lap and

LONDON,

costly machinery to which we have above alluded on
the very spot, and also an experienced body of Cornish
miners, who went out from this country for the pur-
pose of rendering their services, the staff is not incon-
veniently large, and consequently, therefore, the cur-
rent outlay is comparatively trifling, infinitesimal,
indeed, when considered in reference to the immense
profits which, on the most moderate calculation, show
gains that should be reckoned by the hour or day
rather than by the year. We are almost
afraid to repeat the figures ; but from
unobjectionable data it is estimated that
the profits of the crushing alone, to say nothing of
the mining, will be no less than 3731. 6s. Bd. per
diem.

The richness of the sites selected in the Nevada dis-
trict, inferior to none that has yet been fairly tested,
combined with the character of the resident director,
Sir HENRY YERE HUNTLEY, formerly Governor of
Prince Edward's Island-3 gentleman who has served
his country well and faithfully, and whose fidelity to
his associates may therefore be implicitly relied on—
the high standing of the directors in this country, and
the fact that the company has already attained com
plete registration, and that a dividend may be antici-
pated even before the new year,-411 combine to prove
how much may be obtained from this source alone,
independently of the numerous other companies with
which it is totally unconnected, now in course of for-
mation. With so many means of bringing in the
precious metals, such vast additions to the existing stock
of bullion in the world, we think that the inquiry into
which we some time since entered—" What will be
the effect of the influx of gold from California (and
Australia)"—is one eminently deserving the con-
sideration of the British Legislature and the British
public.

'THE FRENcH REPUBLIC

We have received the Paris journals of Saturday
and yesterday.
In the Assembly, on Saturday, the remaining
clauses of the Municipal Bill (respecting the electors)
were agreed to, and the Assembly resolved, by a ma-
jority of 441 to 229, that it should pass to a third
reading.
The Standing Committees of the Assembly
charged with the examination of the Bill on the
responsibility of the agents of public authority have
named their commission. The Bill was supported
by General Cavaignac, MM. St. Romme, Malardier,
Dufraisse, and others of the Mountain. It was also
supported by MM. Berryer, de Vatimesnil, Chapot,
and Favreau. The majority of the Commission belong
to the Republican party, and is composed of the fol-
lowing members :—MM. Michel de Bourges, Pascal
Duprat, Creton, Bechard, Crimieux, Berryer, Jan-
vier, Monet, Emanuel Arago, Dufaure, Combarel de
Leyval, Marc Dufraisse, de Laboulie, Pradie, and
Jules de Lasteyrie, all of whom, with the exception
of M. Janvier, are favourable to the measure.
M. PRADIE has presented, on the Bill on the re-
sponsibility of the PRESIDENT of the Republic, and
the agents of the Executive Power, an amendment
relating to the power of the Assembly to ask for
troops if it thinks necessary. He proposes to
declare on paragraph 1 of Art. 5, that
" Ministers may be impeached for high treason
in case of throwing any obstacle in the ivay of
the Assembly, fixing, according to the terms
of Art. 32 of the Constitution, the number
of the military forces necessary for its safety, and of
its disposing of them ;" also o❑ Art. 23, to say that
"all agents shall be considered guilty of high treason
who refuse to obey the direct requisition of the As-
sembly for such troops as it may think necessary ;"
and, finally, to have the following additional article
voted :—" Art. 37. The President of the National
Assembly can call on the Minister of War, and on
all the general officers of the army, to have posted
up i❑ the barracks, and to place on the order of the
day of the army, any part or the whole of the present
law."

The Prefect of the Seine has caused to be posted
up in Paris two decrees relative to the electio❑ for a
representative, which is to take place on the 30th inst.
Oae regulates the division of the electoral districts
into sections, of which there are 60 for Paris, and 74
for the arrondissements of Sceaux and St. Denis; the
other fixes the opening of the ballot on 30th Novem-
ber and Ist December, at eight o'clock in the morn-
ing, and will be closed at six P.M. on Sunday, and at
four on Monday. Cards will be delivered at the dif-
ferent mairies on the 26th, as well as blank bulletins,
on which the electors may write the names of the can-
didates for whom they intend to vote.
In the course of the discussion on the Municipal
Electoral Bill, M. PIERRE LEROUX, the Socialist
Representative, moved the insertion of a clause con-
ferring the.franchise on all Frenchwomen as well as
Frenchmen. It is needless to add, that the Hon.
Gentleman's proposition was rejected.
M. CASARIANCI, Minister of Commerce, bas been
named Minister of Finance, instead of M. BLONDEL.
M. LEFEVRE DURUFLE is named Minister of Com-
merce.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, Nov. 22.
Boulogne and Amiens, 104—Dutch Rhenish, 3—Namur
and Liege, 6'4—Northern of France, 1444—Orleans and
Bordeaux, 44—Paris and Rouen, 23k—Paris and Stras-
bourg, 12% —Rouen and Havre, 854 —Tours and Nantet., 6IA