The Sun.
London, England, 1860-10-26 00:00:00

T.HIS DAY'S SHIPPING.

LONDON, Oct. 26.—Wind this day at noon—South-
Westerly ; moderate breeze, an fine weather, but rather
cloudy.
DEAL, Oct. 25.—Wind S.W.—Arrived—Paulin, from
Monte Video.

MILPORD, Oct. 25.—Wind S.W.—Arrived—Centori,
from Savannah; Harold Haasfager, from Quebec—both
for Pembroke.

(BY SUBMARINE AND MAGNETIC TELEGRAPH.)
GRAVESEND, Friday Morning.

. _
Wind W. ; cloudy. _
Arrived—Clara, from Marans ; St. George, from Galatz ;
Seringapatam, from Moulmein; Laurel, from Seville;
Die Eimeth, from Leghorn; Vulture, from Patras.
Arrived, Oct. 26—Gustav Wasa, from Gottenburg ;
Harmonic, from the Black Sea.
Sailed—Phoenix, for Belize; Rajah of Sarawak, for
Hong Kong; Carli, for Grenada; Achilles, for New
Orleans ; Ophelia, for Mobile.

Wind S.S.W., moderate.

DEAL, Friday Morning.

Passed—Panther, from Pugwash ; Patrician, ship, from
the west (in tow) ; Sceptre, from Bordeaux ; Gibraltar, from
Cadiz—all for London; Tamise, screw steamer, for Lon-
don ; Velicitan, from Rotterdam, for Bavaria..
Anchored—Madejid C. Anglais, from London for the
Cape of Good Hope.

DISCOVERY OF THE BODY OF A CHILD'IN EARL
SPENCER'S GROUNDS, ST. JAMES'S.—Last evening Mr.
Bedford, the Westminster coroner, held an investigation
in the vestry-room, Mount-street, Grosvenor-square, re-
spectinw the circumstances connected with the discovery of
the body of a fine female child, which was found in the
grounds in the rear of Earl Spencer's mansion, which, as is
well known, abuts on the Green-park. Thomas Phill-
well, gardener to the noble lord, deposed that on Tuesday
afternoon, at about four o'clock, he was at work in the
grounds, when in going through the shrubbery near the
park railings bounding the Queen's-walk, he came upon a
parcel lying within a few feet of the railings. He turned
it over, an saw the arm of EL child. He at once commu-
nicated with a police-constable, who took charge of the
body. The earl and family had been out of town for some
time, and the mansion was partially shut up. Dr. Blox-
hem, of Duke-street, Grosvenor-square, said he had
examined the body, which was that of a fine female child.
The diaper napkin was of the finest texture, and had some
peculiar marks in blue and red silk thread, bearing a great
resemblance to the remains of a coronet. The jury re-
turned a verdict of "Found dead, there being no proof as
to the cause of death."
How A PIGEON WAS PLUCKED.—At the Central
Police Court yesterday, James Garvin, 77, Now Venn ,
was remitted to the sheriff on a charge of stealing a
goldei
watch and chain, and a coat, vest, and hat, from the person
of William Gilchrist, Adelphi-street.earl on Sunday
morning. Two brothers, by name Gilchrist,
within the last few months, been raises, by have each,
their father, from the condition of working the death of
m
their own estimation, is the condition of en to what, in
old man having left each of them 4 Brotherooo.gentlemen—the
seems to be of opinion that the sooner bi William
better,' and so has spent about £4oos money is gone the
during the last
two months. In one of his
night, he alighted in a house of
on Saturday
of not the best
reputation, at 77, New Fennel.
Here drinking and
singing was the order of the
owner, happens to have a good night, and as Garvin, the
" rich gentleman," and offered voice, he enchanted the
to s'
ter," of course of a "gentleman." sin a song in ~ el:lame-
doffed his fine raiment, gold Aeordingly, William
Garvin's nondescript tatters.watch and chain, and donned
splendidly ; but after a little The song now went on most
also in " character," and Garvin commenced dancing.
house. After waiting danced out of the door of the
on William's mind some
time
for his return, it flashed
might not intend to that it was just possible that the man
plucked of his gaudy return, and that he may have been
police-office and feathers. He then proceeded to the
The same evening gave information of how ho had been done.
drinking, with ng the police found Garvin in a shebeen
the stolen clothes upon hire, but without,
the Watch or
chain,--Glasgow .Daily Mail,

PROJECT OA BE TIALF OF THE
LITERARY CLASS.

(From the London Review and Weekly Journal, conducted
by Charles Mackay.)
The Houses of Lords and Commons order to be
Published every year, at the expense of the nation,
a vast quantity of ponderous volumes, known, from
their blue covers, as Blue Books. It would be too
much to say that all these books are useless or un-
necessary ; but it would be a gross exaggeration, if
not a perversion of the truth, to say that so many
as one quarter of them are of any political, social,
or literary value whatsoever. When a new mem-
ber of Parliament is elected he is certain to receive,
within a few days, a printed circular, from one or
other of the dealers in waste paper, offering him
the highest current price for his blue-
books, and other Parliamentary lumber. It
is no secret that cart-loads of these volumes,
unread, uncut, uncared for, are no sooner received
by our legislators than they find their way to the
stores of these speculative dealers ; whence they
emerge in duo season, and at an enhanced price, to
shops of butchers, cheeseramigers, tripe-sellers,
tallow-chandlers, and trunk-makers. They are so
cumbersome, as well us uninteresting, that the
members of Parliament who are not guilty of the
meanness of selling them are only too glad to give
them away to the public institutions and libraries
of their respective boroughs, though these, as •is
notorious, are not always so ready to receive the
gifts as their members are to bestow them. And
these books, upon the average, cost the nation about
£250,000 per annum. Last year they cost £333,000.
And bad as this view of the case may be, it is, un-
fortunately not the worst of it. If the books were
simply useless, and the nation were rich enough to
afford the luxury of an annual quarter or third
of a million to keep a few paper mills going, and.
the parliamentary printers at full work, it would
become a question tor the custodians of the national
purse, to consider whether the money might not
be better bestowed in some other direction, and for
the Chancellor of the Exchequer to decide whether
a reduction of taxation, to the amount involved,
might not be more just toward the people. But
unluckily these books, and more especially those
portions of them which relate to foreign affairs,
have not the negative demerit of being useless, but
the positive demerit and vice of being misleading
and untrustworthy, if not absolutely false.
But if, for diplomatic reasons, the falsehood can-
not be totally obliterated from the despatches of
ministers to ambassadors, or of ambassadors to
ministers—for who out of that charmed circle can
deal with the suppressio veri?—something might
be done to prevent the publication of the vast masa
of inutility which yearly employs the Parliamen-
tary printers. If a plan could be devised by which
none but useful and readable blue books should be
given to the public—if in carrying out the plan at
least half of the annual quarter of a million now
wasted upon rubbish should be saved to the
nation—and if, at the same time, a benefit should be
conferred upon men who, according to the high
literary and political authority of Lord Bacon, are
the chief glory of a nation (though, under present
arrangemeit, only glorious when dead)—we think
the Government and the public ought to give it a
respectful hearing. And such a plan we beg to
sketch for the future consideration of Parliament
and the Chancellor of the Exchequer.
An English author in our days, unless he happen
to hit the public fancy in novels and romances, or
in some other mode that may pander to a fashion-
able taste, which may be good, but which is just as
likely to be depraved or silly, is seldom a prosper-
ous person. He manages to live from hand to
mouth, and, if he do not die in harness, and reach
that period of life when his overwrought brain is
unable to work any more, the Government is
shamed into giving him a niggardly pension, to
avoid the national disgrace of allowing him to
die of starvation, or betake himself to the work-
house, or to a street-crossing, to sweep the road for
his intellectual inferiors, for the sake of the chance
halfpence that may be dropped into his hat. If the
literary man happen to be a barrister of six years'
standing, and a steady political partisan at the
same time, there are thousands of good things
which the Government can offer for his accept-
ance. All sorts of commissionerships, county judge-
ships, and recorderships are his to ask for and obtain.
And if the worst come to the worst, he can accept
£BOO or £l,OOO a-year as a stipendiary po-
lice-magistrate in the metropolis. But for the
author proper there are no such chances.
He must write for the newspapers or for
the booksellers ; and if he be either too bad or
too good for these. he may starve, or go to the
diggings, or take himself out of this world alto-
gether, unless, as said before, he is very old, very
eminent, and very poor, when a mean pension, less
than that often given to a superannuated butler, is
' graciously bestowed upon him by the Prime Minis-
ter of the day.
Our plan is that a dozen or twenty of such men,
in the full maturity of their intellect, instead of
being pensioned when they are worn out, should
be employed, on behalf of the State, in editing the
parliamentary docurriants—in reporting to the
House of Commons what returns made by
order are too trifling as well as too volumin-
ous to be worth printing ; what, in their opinion,
should be condensed and epitomised ; what
should be kept in manuscript, and what should be
printed in extenso, and issued to the house and the
country for the public guidance and instruction.
' At salaries ranging from £5OO to £l,OOO per
annum, the State might thus build twenty harbours
of refuge for competent literary men of good chiv
racter, whose labours, carried on under the direc-
tion and ultimate veto of the House of Commons,
might be the means of saving £lOO,OOO or
£150,000 per annum. At present the connection of
British literature with the State is simply degrad-
ing to both parties. The licenser of plays and the
poet laureate are but servants in the Royal house-
hold, paid as the gold-stick and other servants are,
because they are supposed to minister in some way
or other to theßoyal dignity. All other connectionis
eleemosynary. Twelve hundred pounds each year to
' be granted in pensions to the unfortunate devotees of
art, science, and literature ; and at least one half
of that pittance diverted from its purpose in pen-
sions to wives, daughters, and sisters of judges,
admirals, generals, and other persons dear to the
courtly circles, who have died without making
proper provision for their families—such is the con-
nection of literature with the Government of the
greatest, wealthiest, and most civilised nation of
the globe.
Why should not Literature as well as Law have
-a chance of State employment in our country ?
There are prizes in all professions but that of letters.
It is true that if the man of letters amuses the young
s
enough.
ladies, and makes the people laugh or shudder over
hisnel n novels
s and
thisromances,casese th e
and accommodates his wares to the fashion of the
market. Were there no other authorship than
this,—were there no genius too lofty and too re-
fined for the immediate comprehension of the
general reader and the devourer of novels,—were
there
no literary intellect in advance of the age,
and of its ignorance or prejudice—our literary con-
dition would be poor indeed; our intellectual star
would have culminated, and we should have to
yield the first rank to nations more civilised than'
ourselves.
We have yet one more plea to urge in behalf of
the project thus broadly sketched. The Government
of this country is a newspaper proprietor. It pos-
sesses the London Gazette, an official journal, in
which it is imperative upon the public, in many
legal and commercial cases, to advertise, Out
of this monopoly the Government derives a
revenue of £15,000 per annum, after deduction of
all expenses,—a sum sufficient to provide for the
salaries of the Prime Minister, the Foreign
Minister, and the Chancellor of the Exchequer.
Literature might well put in a claim for work and
pay out of a revenue like this, even did a large
economy created by the judicious editing and
publication of the Parliamentary documents, in the
manner proposed, not allow sufficient margin for
the purpose. Mr. Disraeli, Mr. Gladstone, Sir
George Lewis, Sir Bulwer Lytton, Lord John
Russell,—all literary men and ministers, past or
present,—might well consider whether the scheme
might not be one of public advantage and
economy, as well as of literary recognition and re.
ward. ~To the appreciative judgment of such men
l life
be a
equally good soldier,
Nvell that sh
genius
die
as these, and to that of all the friends of literature
in and out of Parliament, we recommend it. If it
be well that genius,
for its country, it may
should live for it. And after all a living soldier is
better than a dead one, whether he be an author or
The grenadier's work may
a grenadier. die
with him—that of the author may last as long
as
the language. It is one of the glories of Oliver
Cromwell that he knew how to employ Alilton.
It is one of the disgraces of Charles 11. that he had
neither sense nor magnanimity enough to rescue
Milton from starvation.

A FALL OVER THE CLIFFS.—At about 6 o'clock
on Monday evening three miners went on the cliffs at Du-
For.
perth, near Charlestown, in Cornwall, the property of Mr.
George Freeth, where, it is said, that a rabbit started up
before them. They ran to see where it went, and one of the
nen missed his hold on a furze bush, WI over the cliff, and
to pieces. Immediately on the alarm being
edCosstguards-men, under Lieut. Kinsman, were
ogNivniaystehndeatshahpeot, ready to render any assistance in their power.
An inquest was to be held on the remains yesterday. The
three young men alluded to were Richard Vivian, John
Tredinniek, and Thomas Ripper. They were returning
from Datlipean. It was Vivian who fell and was killed.

1

NETV:IIIIRKET RACES.—(This Day.)

AY ELECTRIC TELEGRAPH.
ALTDLEY END STAKES.

Predendant

Feodorowna
Orlanda
HANDICAP SWEEPSTAKES OF 15 SOVS.
Nutbush
Little Lady
Mousetrap
Sixteen ran.
HANDICAP SWEEPSTAKES OF 20SOVS.
Audrey
Angelo

Ten ran.
SWEEPSTAKES OF 500 SOUS.
Sweethawthorn

Elborus

Imaus

SWEEPSTAKES OF 10 SOVS.
Lord of the Manor
Man Friday
King of the Forest ..
Six ran.
FREE HANDICAP OF 20 SOVS.
Amsterdam
The Speaker
-Niger .........................................

Five ran.
• FIRST CLASS NURSERY STAKES.
Prince Plausible 1
Isthmian 2
Miss Dunstable
Thirteen ran.
SECOND CLASS NURSERY STAKES.
Henham Lass
Caricature filly
Rapture
Fourteen ran.

LATEST BETTING.
THE DERBY.
GOO to 100 agst Dundee (taken)
1000 to 30 agst Klarikoff (taken)
1000 to 10 agst Will-o'-the-Wisp (taken)

.MONEY MARKET' AND CITY NEWS.

CITY, Two o'CLocx.

During the last few days there has been rather
m ore animation in the Foreign Colonial Produce
Markets. Tea, however, has been only mode-
reltely dealt in, as both buyers and sellers have
dieferred their operations until the arrival of ad-
vices from China by the Overland Mail. For
sugars there has been a more active demand, and
a slight advance has taken place in the
value of the better descriptions; the refined
market however remains dull. Coffee has been ex-
ceedingly inactive, and to effect sales holders had
to give way 6d. to I.s. per cwt. In rice a steady
business has been done at fully late rates, and the
transactions in fruits and spices have been to a
reasonable extent. Tallow, after the late important.
advance, has slightly receded, chiefly owing to
speculative sales ; the quotations for spring delivery
showing a decline of about 3d. per cwt.
The demand for money continues moderate, and
the rates are rather easier. On the Stock Ex-
change loans can still be negotiated at 2 per cent.
Rather more activity was exhibited in the
Liverpool Cotton Market yesterday, and prices
more firm. The sales amounted to 10,000 bales.
The steamer Delta, which leaves to .morrow, will

take out L 30,700 in gold for Alexandria, and
£9,600 in gold and £2,705 in silver for Bombay.
At the meeting of the Globe Insurance Com-
pany yesterday a dividend at the rate of 5 per
cent. per annum was declared.
About £7o,ooo,tincluding 50,000 sovereigns, was
withdrawn from the Bank of England yesterday,
the bullion dealers; in the absence of fresh supplies,
being compelled to resort to that establishment.
The Red Jacket, with £152,116, however, has just
arrived from Australia in 100 days, and this re-
mittance will probably satisfy the immediate
demand for exportation.

Towards the close of business yesterday after-
noon the tendency of prices in the English Stock
Market was rather unfavourable, and further indi-
cations of weakness are now observable, owing to a
few speculative sales, Consols being 921 for
transfer, and 92 93 for the account. The specie
movement seems to be producing an unfavourable
effect; busiuma, however, is exceedingly dull. The
New Threes and the Reduced are firm at 913 L,-;
Long Annuities at 161 ; and Exchequer Bills re-
main at 2s. dis. to 2s. prem. ; India Stock is heavy
at 2193 ; ditto New Loan at 1024 103.

Business in the Foreign Stock Market continues
moderately active, and prices are well supported.
Turkish 6 per Cents. are 701, to 701; ditto New,
55J to 561 ; and the 4 per Cents. are 1011 ; Sar-
dinian are firmer at 85i ; Dutch aro firmer at 641 ;
Spanish at 481 49 ; Portuguese at 441; Gre-
nada Deferred at ; and Russian 4 per Cents.
at 934.

The Ocoan Marine Insurance Shares are 1y to 2
prem. ; the Thames and Mersey, a 1 prem. ; and
the Universal, prem.

Messrs. D. Bell, Son, and Co., report the prices
of American Securities as follows :

Redeemable. Prices
Unit-ad States 6 per Cents 1867-1868
De. 6 per Cent Bonds
Kentucky 6 per Cent. Bonds lB6B-72 92 94
Pennsylvania 6 per Ct. Bonds 1877 88 89
Illinois Central 7 per Cent.
Illinois Central 6 per Cent.
De. shares, 80 dols. paid
Michigan Central 8 per Cent 1869 92 93
De. do. shares
New York Central 6 per Ct.,
not convertible.... BB
New York Central 7 per Ct.,
convertible, from June 15,
1857-59 1864 94 95
De. do. shares Bl 83
Now York and Erie,'7 per Ct •
.)
let mortgage
Do. de., 2ck mortgage 1859 89 91
Do. do., 3d mortgage lBB3 82 84 ex
Do. do. convertible 1862
Do. do. shares 39 40
Panama 7 per Ct., Ist mort •
gate Str. Bonds, not cony.. 1865 100 102
D. do., 2d do.
Pennsylvania Central 6 per
Ct., let mortgage
The dealings in the Railway Share Market have
been extremely limited, and prices in several in-
stances have slightly given way. Eastern Coun-
ties, North-Western, South-Western, Manchester,
Sheffield, and Lincoln, North-Eastern (Berwick),
and South-Eastern have declined ss. ; Great
Western, and London ;and Blackwall, 10s. ; Great
Northern improved 10s. ; and Lancashire and
Yorkshire, ss.

1883

In the 'Foreign Market no change of importance
has been apparent. south Austrian and Lom-
bardo-Venetian are nominally 111 and Sambre
and Meuse Preference Shares, 84 -I.
The Colonial undertakings continued very
dull., particularly Grand Trunk of Canada, which
are dealt in at 25-1, The 6 per Cent. Preference
Bonds have declined to 821. Great Western of
Canada are steady, at 13a. East Indian realised
1001 ; and Great Indian Peninsula, 96;
p.
Joint Stock Bank and Miscellaneous Shares re-
mained at about former quotations. London and
Westminster have receded 55., and Crystal Palace
Stock, 10s.

BRITISH FUNDS—ONE O'CLOCK.
3ank Stock
3 per Cent. Reduced Annuities 9ll i i
3 per Cent. Consols Annuities
New 3 per Cent. Annuities
Annuities, 30 yrs, expire gth Jan.. 1880
Ditto for 30 yrs, expire sth April, 1885 l6l
India Stock .. .. ..•. •.. 2191
Ditto 6 per Cent ..................... 103 21,
Ditto Enfaced Paper, 4 per Cent. .
.0.1
Ditto 5t per Cent ...................1
Ditto Debentures, 1858 ................ 361
Ditto, 1859 .............. 96k
Ditto Bonds £1,000.................... 6 3 d
Ditto under £l,OOO .................. 6 d
Consols for Account, Nov. 8 ........ 93k
Exchequer Bills, £l,OOO, lid .......... 2 pm 2 dig
Dtto £5OO ................ 2 pm 2 dis
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
New Grenada Active, 31. per Cent.
Ditto Deferred
Portuguese 3:per Cent.. 1853
Russian 5 per Cent. 1822, £ St ..
Ditto 41 per Cent.
Sardinian 5 per Cent
Spanish 3 per Cent
Ditto Account
Turkish 6 per Cent ..
Ditto Account
Ditto Now Loan
Ditto Account
Ditto Guaranteed, 4 per Cent.
Ditto Account
Dividends on the above payable in London.
Dutch Exchange, 12 Guil. 21 per Cent 64?
Ditto Certificates, 4 per Cent.

TWO O'CLOCK.

Consols, Money 92/ 92i
Ditto Account I 92/ 9;
tow!!