The Sun.
London, England, 1856-07-18 00:00:00

ing horse-shoe nails. He hoped some other form of in-
troducing the sheriffs might be adopted. (Hear.)
The bill was real a s,-,cono time, and imniediat4v
afterwards pa-mid thr,inh committe,, without discussion.
JUDGMENTS EXECUTION, &c., BILL.
On the order f r g.iing into committee on this bill,
Mr. WHITESIDE objected to proceeting with the
bill at that late hour of the night (half-past 12), and
moved that the house go into committee on the bill that
day three months.
Mr. P. O'BRIEN thought that if the principle of
the bill was good it ought to be introduced as a Govern-
ment measure. He seconded the amendment.
The house divided, and the numbers were—
For the amendment
Against it.. 5l
Majority ..........
The amendment was lost.
On the question that the Speaker do leave the chair.
Mr. WHITESIDE moved the adjournment of the
debate. He had frequently stated his objections to the
measure, and had not had them answered. He believed
it would open the door to innumerable frauds. It was
an impolitic bill ; there was no ground for pushing it at
this period of this session.
Mr. MURROUGH supported the principle of the

bill.
The LORD ADVOCATE said that the bill was in-
troduced on the 4th of Feb., and he thought it was not
therefore fair to complain of his hon. friend for pressing
it at this period of the session. He would, however, re-
commend him not to press it now.
Mr. CRA.UFURD assented to the suggestion, and
The order was discharged.
THE LORDS' AMENDMENTS TO THE REFOR-
MATORY AND INDUSTRIAL SCHOOLS BILL.
Sir G. GREY moved that the Lords' amendments to
this bill should be divagreed to. The other house had
introduced a clause which was at variance with the rest
of the bill ; and this inconsistency would practically
render the bill inoperative.
Mr. A. GORDON contended that there was no incon-
sistency between the clause introduced elsewhere and
the rest of the bill, and contended that it was desirable
to retain a provision which ve,ted in the magistrates
salutary discretion to send juvenile offenders at once to
a reformatory school instead of to prison in the first in-

stance.
After a brief conversation the house divided. The
numbers were—
For the Lords' amendments .— 31
Against
Maj orit y
The Lords' amendments were therefore disaczreed t).
JOINT-STOCK COMPANIES WINDING-UP
ACTS AMENDMENT BILL.
On the motion that the house resolve itself into com-
mittee on this bill.
Mr. WHITESIDE opposed the motion, and moved
that the hou.-e go into committee that day three months.
Mr. MALINS defended the bill, the object of which
was to protect creditors against fraud.
Mr. HENLEY said the bill gave no protection to ore-
ditors, at:d he should support the motion of his hon.
and learned friend the member for Enniskillen.
The house divided on the question that the house re-
solve itself in to committee. The numbers were—
For the motion 3l
Against it
Majority —9
The announcement of the numbers was received with
.oud cheers.
BURIAL GROUNDS (IRELAND) BILL.

This bill passed through committee.
At a Quartei before three o'clock an hon. member
moved that the house be counted, and there being only
30 members present the house adjourned.

TEE EXPENSE OF WAIL

-~-__-_

LONDON, BRIGHTON, AND SOUTH
COAST RAILWAY.

The budget recently laid beforethe British Parliament
by Sir G. C. Lewis, the Chancellor of the Exchequer,
enables the public to form a pretty accurate estimate of
the pecuniary cost to the united kingdom of the late war
with Russia. According to this statement (which has been
received with general approbation by all classes of the
community in England, because they are agreeably dis-
appointed at the smallness of the amount,) it appears that
the actual cost of the war for the two years of its duratio❑
and the expense which it has occasioned within the current
year, to the people of England, amounted in round num-
bers to 80,000,0001., or $400,000,000. What the war has
cost France during the same period has not been made
public. nor is it possible to form any accurate estimate of
its amount, but if it does not considerably.excecd the sum
expended by England, considering the much larger num-
ber of troops she employed in the Crimea, it certainly
cannot fall short of it. Neither has any statement been
made of how much Turkey has expended in fighting her
own battles, nor how much the Sardinian expedition has
cost that enterprising little kingdom ; and last, though
not least, how many millions the Czar has lavished in
his obstinate though disastrous defence of his Crimean
stronghold. It has been roughly estimated that the total
sum expended by all the belligerents during the war
cannot fall far short of $2,000,000,000. If to this sum
be added the value of property sacrificed in consequence
of the war, of the fleets destroyed, the towns burnt, the
fortresses, harbours, bridges demolished—all of which
cost millions upon millions in their construction—if ac•
count be taken of the property of private individuals
utterly devastated in the course of the struggle, and of
the untold losses occasioned by the withdrawal of hun-
dreds of thousands of men from the ordinary industrial
and productive employments of peace, some idea may
then be formed of the deplorable expenditure of the
war. But all these are insignificant in comparison with
the loss of human life by the bullet, the sword, want,
fatigue, and pestilence—the dread concomitants of war
—even if those lives be only regarded for their mate-
rial value to the rest of the world, as producers of food,
raiment, and shelter. During the two short years of the
war it is estimated that upwards of three quarters of a
million perished on the field, in fight, on the way side,
from cold or want, or in the hospital, from disease, who,
had they been left to pursue their ordinary avocations,
might have enriched their country and benefitted their
fellow-men. But apart from the material considerations
of pecuniary profit or loss, considering the question as
one affecting the cause and interests of humanity, who
can compute the anguish, the misery, the despair which
war br►ngs in its train I Who can eetimate the blighted
hopes, the desolate hearth., the crushed fortunes, and
countless domestic miseries which war occasions They
are not remembered when the triumph of the hero is
celebrated ; they are not noted by the chronicler ; they
are not taken into account by those who engage or pro-
voke the contest to satisfy ambition, lust for power, or
some other unworthy passion ; and yet, they are the
saddest, because irremediable, consequences of war.—
New York Journal of Commerce.

The following are the principal features in the report
of the directors of this company, to be submitted to the
meeting of the proprietors, to be held at the Bridge-house
Hotel, Southwark, on Thursday next :
The accounts for the halflear ending June 30, 1856,
are subjoined, and show the following results :
CAPITAL ACCOUNT.
The amount of capital raised to the 30th June, 1856,
is 7,751,0151., consisting of—
Mortgage debt ....... . £1,897,735
Preference capital
Consolidated stock

£7,751,015
The total capital outlay during the half-year has been
7,8821. 10s. 4(1., which has been expended in completing
the Thames Junction Diversion and other works referred
to in previous reports, and in increasing the platform
accommodation at London-bridge.
In consequence of the high rite of interest which has
prevailed until a very recent period, the company's gua-
ranteed five per cent. stock has not reached such a price
as to enable the directors to issue the remaining portion
with due advantage: looking, however, to the favourable
change in the money market, the directors believe that
it will soon attain such a value as to enable them to dis•
pose of the unissued balance. In the meantime they
have the satisfaction of reporting that, during the recent
monetary pressure, no part of this company's mortgage
debt has been renewed or replaced at the rate of interest
exceeding 41 per cent. Indeed, the present average
rate of interest on the whole debt is not more than
41. 24. per cent.
By the company's acts of Parliament, passed in 1353
and 1851, powers were obtained to convert the whole
or any portion of the mortgage debt of the company
either into ordinary stock or into a debenture stock,
' such last-mentioned stock bearing a fixed and perpetual
I dividend not exceeding 4 per cent. per annum, having
priority of payment over all other dividends on any
other stock or shares of the company. Resolution, will
be submitted to the meeting authorising the exercise of
these powers, and the directors recommend the pro-
prietors to leave in the hands of the board the option of
converting the mortgage debt either into ordinary stock,
or into a debenture stock, bearing a rate of interest not
exceeding 4 per cent. per annum, as may from time to
time appear preferable. Should the directors, acting
under such authority, convert any portion of the debt
into ordinary stock, such stock will have to be offered
to the proprietors in proportion to their holdings.
As compared with the corresponding hall-year of 1855
there has been an increase of 4,9261. in the ordinary ex-
penses, and of 10,556/. in renewals. The former is
caused almost entirely by the extension of the mileage
worked. The excess under the head of renewals arises
from extra expenditure in repairs of the permanent way,
no less than 36,681 sleepers having been replaced during
the past half-year.
The proprietors will observe that the balance of 4,7831.
2s. sd. which remained at the credit of the reserve fund
has been applied tiwards meeting the expense incurred
during the last half-year in relaying and improving the
permanent way ; and that a further sum of 3,019/. 12s.
3d. has been placed to the deldt of revenue. It will
be very satisfactary to the proprietors to learn that, wtli
the exception of 16 miles, the entire main line (including
the four lines between the Bricklayers' Arms Junctien
and Croydon) has now been relaid and fish-jointed. The
revenue ace count fur the past ha f-year has Ceen dehitsd
with its full proportion of expenditure on this account,
and the residue, together with the cost of improving the
remaining 16 miles, will be spread over the future revenue
of the company. When this has been completed, the di-
rectors do not anticipate any further expenditure under
this head for some time to come.
The directors have the satisfaction of reporting that
the permanent way, buildings, and rolling stock are in a
much better condition than at aeiv Orevious period.
Dering the present session of Parliament bills have
been introduced by the Winabiedon and Creyden, and
ill by the West end of Loudon and Crystal Palace Rail.