The Sun.
London, England, 1851-09-10 00:00:00

%) I t
LONDON, WEDNESDAY, SEPTEMBER 10, 1851

The news brought from the Cape of Good Hope
by the Hellespont, which arrived at Plymouth yes-
terday, is of the most unsatisfactory character. The
Kafir war continues, and the contest every day as-
sumes more and more the character of a war of races,
of a war of the black man against the white. It is
evident also that the blacks are in a higher state of
organization than they could have possibly
attained without the assistance of persons
more advanced in civilization than themselves,
and that they manage to obtain accurate
information of the movements and intended move-
ments of our troops, and accordingly make their
irruptions on the unguarded points, and after having
ravaged the country and murdered the settlers they
retreat to the fastnesses with their booty before the
arrival of the troops, of whose approach they always
appear to have timely warning. Had these circum-
stances occurred in one or two instances only, it
might perhaps have been considered a curious coin-
dance, or perhaps the cunning of the savage might
have obtained credit for that which, as it is of
invariable occurrence, proves that we have
traitors within our own camp, who constantly
communicate to our enemy everything that is pia-
sing, point out to him our weak points, give him
notice of approaching danger, assist and comfort
him in his enterprises, and advocate his cause, end
aid in his escape when he falls into our power.
Every circumstance attending this war from its com-
mencement proves that the Kafir and the Ilottentot,
who have, until the present moment, been irrecon-
cileable enemies, are acting together in furtherance
of some common scheme concocted by a third
party, who possesses such influence over both
Kafir and Hottentot as to induce them to cease their
feuds and to become allies. 'Who are these third par-
ties who have thus stirred up the blacks and united
them as one man against the white:. The settlers
themselves do not hesitate to say that the missionaries
are the traitors who stir up this war, the spies who
give information to the enemy, and the organizers
and tacticians of the Kafirs and Hottentots; and
it is but right and fitting that the inhabitants of this
country should be made acquainted with the opinions
of those who are on the spot, and who sea all that
passes as to the conduct of the reverend gentlemen
who are accused of being the stirrers up of this
strife.

In the United Service Magazine for September we
find the continuation of the journal of the Kafir war
by an officer serving in Kafirland, and also an inter-
esting historical sketch of the history of the native
tribes of South Africa ; iu each of these papers
grave charges are brought against the missionaries,
and these charges are supported by authorities so re-
spectable, and evidence of such a character, as to call at
least for further investigation. The writer of the jour-
nal asserts that all along there has been an understanding
between the Kafirs and the Hottentots, that the Cape
corps, composed almost entirely of Hottentots, has
never suffered from the fire of the enemy, and that
they in return never fired at the enemy except with
blank cartridge. Large bodies of these men deserted
to the Kafirs, taking with them their arms and
ammunition, sod it is well known that over both
Hottentots and Kafirs the influence of the missionaries
is unbounded. On the 11th of February, a com-
bined force of Kafirs and Hottentots expelled
the white settlers from a missionary in-
titution named Shiloh; many of the Hotten-
tots belonged to it, and had been educated
by the missionaries for the church. The settlers fell
back upon Whittlesea, where they were again at-
tacked by the Hottentots, who were defeated and
driven back to Shiloh, when they entrenched them-
selves in the church. The garrison of Whittlesea
having obtained reinforcements, were about to proceed
to attack them in their position, when orders were
received from General SOMERSET to cease hostilities
against the rebels at Shiloh. " This order," writes
the journalist, "is past comprehension. It is
suspected that the missionaries have made out a
plausible case in favour of their pet rebel Hottentots
now they are likely to get the worst of it."
On the 19th March a public meeting was held at
Graham's Town, at which a petition was agreed to,
praying the Governor to cause an inquiry into the
causes of the Hottentot rebellion, and that the mis-
sionaries stationed at the different places where the re-
bellion broke out be detained in the colony until such
inquiry take place. Mr. Cool( and Mr. GOD-
LINGTON were appointed to proceed, accompanied
by an escort, to the Governor's camp with the peti-
tion. By the merest chance they ascertained, when
within eighteen miles of the Governor's camp, that
his Excellency had gone to King William's Town,
and they turned back, sending a portion of the escort
on to the camp. That escort fell into an ambush of
Kafirs, who fired thirty shots at them, followed by a
shower of assegais. How did the Kafirs gain their
information of the movements of these gentle-
men ? Several of the missionaries, it appears,
refused to leave their stations, even after the
rebellion had broken out, and notwithstanding escorts
had been sent to protect them, preferring, says the
journalist, to remain with the natives to instil into
them bad advice. As to the results of missionary
teaching, we find the following statement in the his-
torical sketch of the natives and tribes of South

Africa :
" The Hottentots and Kafirs of the Stockenstrom dis-
trict were treated with uniform kindness, but having
attained their majority, proved rebels and traitors, and a
scourge to the colony; and the instruction they received
from the missionaries, it is to be feared, was rather of a
political than religious nature, and made them ac-
quainted with sedition rather than truth. The popula-
tion consisted of about 5,000, of whom a fourth pars were
adults capable of bearing arms. We will take the tes-
timony of the missionary Bonaby himself, who says:—
" I have taken a farewell of my mission, after a resi-
dence of nineteen years. I find my labours lost, not
above four Kafirs and three Fingocs go with me, the
rest of my congregation have taken their portion deli-
berately with the rebels, and I have no hope of the con-
version of these people; indeed the worthy Baronet him-
self has styled the London Missionary institutions tor
the conversion of the Hottentots nurseries of idleness,
vice, and crime.'
" Sir Henry Pottinger also wrote disparagingly of the
missionaries, iiihom he found tampering with the
people, and engendering evil between them and the
Government, filling their minds with imaginary wrongs
that never existed.' _ _

Justice to the colonists, a due respect for the very
high authority of Sir HENRY POTTINGER, justice to
the missionaries themselves, demand that the inquiry
sought for by the conveners of the " Graham's Town
Meeting" should be instituted without delay.

The new Austrian loan, which has for some time
formed a topic of conversation in the vicinity of
Capel-court, has at length been officially announced.
SEVEN MILLIONS OF POUNDS STERLING 18 the mere
trifle required ; but as that is to be paid in without
deduction or drawback, and all expenses and charges

LONDON,

are to be added to the liability, it is probable that
the additional debt about to be contracted will
amount to nearly NINE MILLIONS OF POUNDS STER-
LING—a small addition to the " dimmed total" of Aus-
trian indebtedness, which may possibly prevent the
punctuality in the liquidation of the interest, so much
to be desired.

In estimating the chances of such a contingency it
should not be forgotten that this is the second appear-
ance of Austria in the character of a borrower within
a very brief period—a clear proof that the Financial
Minister of the empire is not afflicted with the
" Wood difficulty," of having a large surplus to dis-
pose of, but that, on the contrary, there is a regularly
increasing deficit—a state of affairs that will be by no
means improved by the addition of some 450,000/.
per annum to the Imperial liabilities, without any
corresponding effort to increase the Imperial revenue.

There is another circumstance that should also be
borne in mind by those who, with more money than
wit, are speculating on the chances of selling at a
premium the stock for which they may subscribe.
It is usual in all such cases, where the would-be bor-
rower is in a sound financial position—or, to use
ordinary language, perfectly solvent—that the trans-
action should be arranged with some one or more of
the great houses who direct their attention to such
matters ; the terms are decided, and the house
' generally offers a share in the transaction
to its friends and clients. The respectability and
high character of the intermediate party acts as a
great inducement to capitalists to come forward, it
being certain that the ROTHSCIIILDS, or BARINGS, or
others of a similar character would not connect them-
selves with a bubble scheme, or one that was not con-
cocted in a fair and bond fide spirit, and likely to
prove remunerative to the subscribers. The mere
fact, then, that there is no direct contract, no banking
or mercantile firm having a positive interest to keep
up quotations, and willing to come forward at any
future time,' and even to make considerable sacrifices to
ensure the punctual payment of the dividends, must
have a very depreciating effect on the future pro•
spects of the new loan.

We rejoice, too, to say that no'provision or stipula-
tion has been made for payment of interest in Lon-
don. The lenders may receive, or rather are pro-
mised to be paid, the stipulated dividends in Vienna,
Amsterdam, Frankfort, Brussels, or Paris, a very
considerable allowance, no less than 5 per cent.,
being offered to those who elect to receive payment
in the Austrian capital—the price being 95 if the
dividends be payable at Vienna, and 100, if payable
in any of the other places indicated. This extraordinary
difference, as well as the other points of advantage
to early subscribers, a bonus of two per cent. being
offered to all whose applications are sent on or before
the 16th instant, and one per cent. if between the 16th
and 233, together with half per cent. commission to
nil persons taking to the extent of 50,000 flerins, or
5,0001. sterling, should also be borne in mind, for the
vendors of really good articles are seldom inclined to
make such " alarming sacrifices" to induce purchasers
to come forward to take the goods offered without ex-
amination or consideration. We have heard of such
expedients being resorted to at mock auctions, and
places disposing of the stock of some alleged bank-
rupt who had no existence, save in the fertile imagi-
nations of the acute speculators, but they are not
adopted by respectable houses, whose warranties
might be considered as satisfactory assurances, worth
something more than the paper on which they were
written. The fact is, however, too apparent, and it
must, indeed, be the veriest gudgeons, the greenest
geese, that can be captured by such transparent
humbug.

Under such circumstances, it is almost unnecessary
to say that the project finds but little favour on the
Stock Exchange. There are not many persons
willing to furnish fresh illustrations of the facility
with which persons of a certain class are disposed to
part with their moneys. The deliberate slight offered
to England, in declining to make any part of the
interest payable in London, or the objects for which
the money was required—whether to crush the inde-
pendence of a high-minded and generous people, or
to rivet the chains on the Austrian nation, and carry
out the retrograde policy of the Austrian Government
—may be matters of but little importance, not
coming within the scope of Capel-court morality. But
the security and stability of the contemplated loan—
the certainty of receiving the dividends at the ap-
pointed time—and, above all, the prospects of the new
stock being quoted at a premium or discount—
will have an unequivocal effect, and completely ex-
clude the stock from the English money market,
unless very great temptations, far greater than any
yet alluded to, be offered. If such should be
the case, we would entreat our countrymen
to use caution before they be taken in
by any bait, however alluring, or fall into
the trap prepared for their capture. Let them com-
pare the existing liabilities of the Austrian empire
with its actual revenue and probable resources. We
are told that it already owes 1,100,000,000 of
dollars, while its income is totally inadequate to
meet its expenditure, a fact that may readily be con-
ceived, when its intense passion for " playing at
soldiers," and maintaining an enormous standing army,
is taken into account. There is also its acknowledged
dependence on Russia, who could, at any moment
that it pleased the AUTOCRAT to issue an ukase,
crush its neighbour or subject him to any indig-
nity. What would be the selling price of the
new Austrian stock if INicstoaas should make
any hostile movement ? Connemara mortgages,
or Galway judgments would be far preferable I
Let those who have the slightest inclination
to dabble in the transaction, under the delusion of
getting out of it with a handsome profit, reflect on
these matters, and if they should resolve to abstain
from any interference, they will find that they will
have no cause to regret the following our advice.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The Moniteur publishes the following appoint-
ments :—Vice-Admiral DE LA SIISSE to the command
of the Mediterranean squadron, in the room of Vice-
Admiral PARSEVAL DESCHENES ; Vice-Admiral
CAST, to be vice-president of the Council of the Ad-
miralty, in the room of Vice-Admiral DE LA SUSSE ;
and Vice-Admiral PARSEVAL-DESCHENES, to be
member of the Council of the Admiralty, and presi-
dent of the Council of Naval Works.

Forty of the foreigners lately arrested have been
set at liberty, but orders have been given to them to
quit France in the shortest possible delay.
The [llessager has the following :—" The affair of
the conspiracy organised by the foreign Democratic
committees still occupies the attention of our Cabinet
It is more particularly towards Switzerland that t1:0
action of the French Government is at this moment
directed. Geneva is, in fact, always a hotbed of pr)-
pagandism for the political refugees of all countries.
Diplomatic notes have already been exchanged )e-
-tween the French and Federal Governments. Last
night a Cabinet courier left the Foreign-office with
dispatches for the French representative to the del-
vetic cantons."

We read in the Bulletin de Paris—" The princi-
pal person arrested last week, M. ANTIIOINE, is the
founder of the association of cabinet-makers in the
Faubourg St. Antoine, where he had great ininence.
He it was who was alluded to by M. DE GEtAitniN,
when he proposed a workman as candidate for the
Presidency of the Republic."
It would appear from this statement of the Bulletin
that the pretended conspiracy is a mere electioneer-
ing trick intended to put hors de combat a rival can-
didate for the Presidency.
We read in the Ocean of Brest—" It is announced
that the most positive instructions have peen sent by
the Government to the Commandant of the French
squadron at the Antilles to assist the Cuban Govern-
ment in repelling the aggressions of the American
pirates."
The Valmy line-of-battle ship, ore of the largest
ships in the French navy, has been ordered to be laid
up in ordinary at Toulon, the repairs which she re-
cently underwent at Brest to improve her sailing
qualities having turned out perfectly unavailing.
The Bourse was again very animated, and prices con-
tinued to improve. The Five per Cents. opened at
92f. ex div,, and closed at 92f. 300. for the eud of the
month; the Three per Cents. closed at 56f. 45c. ; Or-
leans Railroad Shares, 870. f.; Rouen, 595 f.; Great
Northern, 463 f. 75c.; Avignon, 205 f.; Vierzon, 432 f. 50c.;
Basle, 150 f.; Bordeaux, 386 f. 50c.; Paris and Stras-
burg, 336 f. 25c.; Tours and Nantcs, 263 f. 75c.;
Amiens to Boulogne, 260 f.
BUtillqESS DUNE IN I. °REIGN RAILWAYS AT TEE
LONDON STOCK EXCHANGE, SEPT. 9.
Northern of France, 14N—Orleans and Bordeaux,
Tours and Nante3,

The Rectory of Tottenham has become vacant, by
the death of the Rev. Thomas Newcome, M.A. It is worth
1,0001. a year, and is in the gift of the Dean and Chapter of
St, Paul's Cathedral