The Sun.
London, England, 1869-05-19 00:00:00

THE SUEZ CANAL.

Some important negotiations relative to the Suez Canal
have recently been concluded between M. do LessePs and
the Viceroy of Egypt. A treaty has been signed, defining the
canal as nothing more than a great commercial enterprise
on Egyptian ground, to be subject to the local laws and
institutions. Every endeavour has been made to prevent
the possibility of a political significance being attached to
this great work. Port Said has been declared an Egyptian
port, and will be subject to the same Customs dues as
Alexandria. The plots of land skirting the canal are to
be sold, and the title-deeds drawn out by the Egyp-
tian Government, which will also retain half the amounts
of the sales. The hospitals, homes, and other buildings,
with the exception of those retained at Suez, Ismalia, and
Port Said, have been banded over to the Egyptian
Government. For these and other concessions a sum of
£1,200,000 is to be paid by the Viceroy, not in money, but
in relinquishing the interest of the shares which he now
holds. The Fiance states that the Empress of the French
will positively be present at the opening of the canal.

(From the Anglo-American Times.)
NEW YORK, May 1.

The railway accident on Long Island caused a
strong feeling of indignation, mainly along the
line, as the company arc accused of carelessness,
but it has gradually, as is usual with us, died out,
and affairs relapse into their old course, which is to
sacrifice any amount of life to cheap rails, bad
boilers, inefficient service, and the other expedients
by which the companies save money at the passen-
gers' risk. There was the Uselda coming down the
Missouri River when she struck a snag, the rush of
water into her exp'oded the boilers, the boat was
shattered to pieces, and more than fifty were killed,
many of them United States soldiers on their return
from their Indian service. Two days after, the
steamer St. Elmo blew up in Mobile Bay, killing and
wounding seven passengers. But these are every,
day occurrences, and tend, 1 fear, to add to the
recklessness of life which has become an American
characteristic. Mr. George T. Dalton, once promi-
nent on our Stock Exchange, committed suicide last
Saturday. He wan but 35 years of age, and leaves
a widow an 3 three children. It is thought that heavy
losses had affected his mind, and when in a state of
aberration he got into a carriage from the New
York Hotel where he was stopping, and directed the
driver to the Manhattan Club House. On his way
the driver heard the report of a pistol, but not
dreaming that it proceeded from his own vehicle he
drove on to the Club House at the corner of Fifth
Avenue and Fourteenth-street, when ou opening the
door the truth was revealed, Mr. Dalton being dead,
with an empty revolver at his side. One of our
most eminent physicians, Dr. Minturn Post, died on
Monday in his 61st year. He studied at Columbia
College, and after going through a course of lec-
tures in New York and Philadelphia, completed his
medical education in Paris under Dr. Broussais.
For a quarter of a century he held the post of
medical examiner to the Mutual Insurance Com-
pany. Another cage is progressing in our courts
which reveals the brutality occasionally practised
by officers of merchant ships against their crews
and steerage passengers. The Richard Robinson,
from Liverpool, recently arrived here under her
Captain, William H. Robinson, and chief mate,
Richard Hoffman, against whom charges of cruelty
were preferred by the sailors. The vessel left Liver-
pool on the 2d February, and had to put into Holy-
head for repairs, where it is alleged a sailor was
drowned in his attempt to escape maltreatment.
The captain fearing an arrest put to sea, and the
ship, under his charge and that of his mate, both
drunkards and armed to the teeth, became a charm-
ing abode. The captain, not knowing how the
way had been smoothed for him, 1 had almost said
to the gallows, by the proceedings of the James
Foster, Junior, and other ships placidly came to
anchor in our port, but affairs then took a very rapid
turn, and he, as well as the mate, thought it time to
skedaddle. But though the master and mate have
disappeared the ship remains, and the tailors are
prosecuting their action against the owners. The
public recognise the fact that the employers must
be made responsible for their agents, and if they
select such brutal officers they will stand a dis-
agreeable chance of having to pay for the injuries
inflicted by the fiends as well as bear a share of
the odium attaching to their acts. Secretary Bout-
well has attracted much attention here, for his
business being the sale of Government Bonds ex-
cites great interest. Bankers, brokers, and mer-
chants visited him freely, fully discussing the sub-
ject; and his appearance on the Stock Exchange
called forth the usual complimentary notices. He
was introduced, and delivered a brief address, reite-
rating the assurance be has already conveyed that
he would do his best to have the revenues collected
honestly and expended to the national advantage ;
and he was emphatic in his closing remark, that his
attention would be especially given towards admi-
nistering the finances so as not to embarrass
general business. The large reduction in the num-
ber of employes is good proof that he means what
he says about instituting economy, and his last
remark is interpreted into taking action on the
Sinking Fund Act of 1862, so your readers may
expect soon to learn that the United States Govern-
ment are purchasing in this market the national
bonds. The effort at amalgamation between the
open board of brokers and the Stock Exchange
has been unsuccessful, owing to the indifference of
the former. The special committee appointed by
the Stock Exchange to effect the purpose advised
the matter to be dropped at present, but think that
the Government Department might be consolidated
into the Exehange: The largest of wooden steam-
ships built for the Pacific Mail Steamship Company
was tried on Wednesday, with a large party of
guests, includisg ladies on board. The America