The Sun.
London, England, 1869-10-13 00:00:00

rilE SUN, LONDON, WEDNESDAY EVENIN OCTOBER 13, 1869.

JOINT-STOCK BANKS.

Closing Busines a
Share; NAME. Paid. Price done
to Agra Limited, A.*-r, all 11 111 11
11
10 Albion l5 9 7
00 Alliance, Limited
20 Anglo Austrian
20 Anglo-Egyptian, lint all 211 221 p 231
20 Anglo-Hungarian
20 A uglu-Italian 18G6, limited 10 5 4
40 Australasian ........
20 Bank of British Columbia all 12 13
20 Do issued at 2 inn.... 5 5 4
23 Bank of Egypt all 41 43
20 Bank of Otao, lint.lo 5 4
'23 Bank of South Au,trali,t all 30 12
50 Batik of Victoria, Ansi 'atilt 23 37 :19
10 Bank of .\ew Zealand all 131 101
50 British North American all 501 311
20 Chartered of India, Austra-
lia, nd China
25 Chartered Mere. of India.
Loudon, and China
20 City
100 C010nia1.......... 10 10 11 10,i 1
25 36 :-!7
10 Consolidated, •4
50 Delhi and London, lint
50 East London, 1ira.,,,,,. 5 9 1 11
20 English and American, lint 10 ...
20 English Bank of Rio de Ja-
neiro, lim ..............
20 English, seuttish, and Ans.
tralian Chartered 4 all 161 16
281 Hong Emig and Shanghai
Bank Corporation all 36 33
281 Do new lll 4 5
100 Imperial, ............. 20 13 16 161
'2O Imperial Ottoman ............ 10 21 21
23 Do new .
s 5 lonian ............................. all 10 12
Did Mortgage of India,
................. 0 3
Inn 4
100 Do 3p. e. lic!,s.l6f; all 7G 76 tO
WU Loudon Bank of alexieo
and South lint. 20 7
100 Loudon and Brazilian, lint. 43 35 3')
20 Do new • 74 it .11
100 London & River Plate, lint. 40 6 8
...
1 1!!25 Do new 10 11 2 121
20 London Chart.of Australia all 231 211
20 London and C0unty......... 20 401 301
31,
_5O DLoonneallovni
Joint 16 pd. 11
London and South African al 8 9
100 London& S.-Western, lint, 20 13 11
50 London & Venezuela, lint... 121
100 London and Westminster. 20 571 5,1
100 Do Scrip, iss at 10 ....... '22
100 Merchant, lim .................. 23 01 al
10 Metropolitan, lim ............. all 71 71
00 Midland, lint ................. 20 11 1
5 National of Austral,,. 4
25 National of Liverpool, litn. 13 s 0 ~tp
00 National Provinc. of Eu,;'d 42
10
50 National.
20 New South Wales all 41 43
20 North-Western
25 Oriental Bank Corporation all 41 42
50 Provide. Bank. Corpo., lint lO 61 51
30 Provincial of Ireland '2s Do 02
10 Du new.. an
100 Stand, of Brit. S. Africa, lira 25 it Is
100 Du issued at 6 pul lO 8 6
25 Union of Australia all 40 43
100 Union of Ireland, lint
50 Union of London

TELEGRAPH COM,p4/1/ Es.

777g7F-XiTiericri all 20i 10/
10 Anglo Mediter Tel., 1im.... 10 17 118 18 17/
at Atlantic Telegraph 10 15 17
at Do. 8 per cent. ..... lOO 52 55 52
at B. and I. Magnetic Tel., lira 100 163 16-i
st Electric & Inter. Telegraph 100 25} 153
10 Do. New 8 11 Lip
25 Indo-European Tel., lira lO 1d pr
5 Loud. Provincial Tel. Hal all 11
1 Do. Prefer. 10 per cent all 1p
10 Mediterra. Exten. Tel., lim. all 61 71
2.5 Reuter's Telegram
10 Societe Transatlant., all 16 161 171 14
st Submarine Telegraph
1 Do. Scrip all 11 2
5 11. Kingdom Tel. Co., lint all 7 71
5 Do. 10 per cent. Pref. all .11

MISCELLANEOUS.

10 Anglo-Mexican Mint all 11 15i
25 Australian Agricultural
25 Australian Mort. Laud and
Finance, lim.
10 Baugarah Tea Estates, lim 3 5,1
10 Berlin Water Works, lim all 13; lit ni
10 Do. New all 111 15
100 Bolckow Vaughan, liin.
5 Bombay Gas, lint.
5 Do. New 4 It id
50 British American Land 44 11 17
20 British Indian Tea, hm— all 21 31
20 British Ship Owners 7
29 Canada Company all 63 LC
10 Canadian Loan and Invest-
ment, lim 2l
• • ••
20 Ceylon Company, Btu
2,d

Ceylon .
20 Do. A sha-res -d
10 City Discount, lira 5 ..-.
25 City of London Real Pro-
perty, lira 9 51 41d
30 City of Milan Improv. lim all 0 6
25 City
of Moscow Gas, lira all
50 City Offices, lim 25 23 22 d 11 ;
50 Colonial, lim.
Do.
50 Commercial Union (Assur) 5 pr p
10 Company of African Mer-
chants, lim.
20 Continentali Union Gas, lint all 24 25
25 Copper Miners of England,
pref. 75 per cent.
100 Corporation of London
Bonds, 1877, 41 per cent. all 1031 1011
100 Do. 1570, 4 i per cent. all 1011 1051
100 Do. 1882, 4f pet cont. all 103 104
10 Credit Fon. of England, lint. all 25 25
50 Credit Fon.of 31auritiuslim lO 31 213 71
st Crystal Palace lOO 22 24 2.1
at Do. Preference lOO 92 97
st Do. 6p. c Perpetual Deb lO9 105 110
20 Darjeeling, lim.
to
and Financelim.
Eastsern ............... ;
5020 East India Erriga. & Canal all ..
32 Ebbw Vale Steel, Iron, and
Coal, lim.
100 Egyptian c.?nt. rroy
Gus. by Egypt. Coy all 98 99 994 9
20 Egyptian Cont.& Traci. lim 6
3 Eng. & Aust rill. Copper, lint 21 5
1.0 English and Foreign Credit 74 44 34,1
100 Eng. and Scot. M arine, lint 8
10 Fairbairu Engineering 5 3 2.1
20 Fore-street Warehousodirn l2 1 2 p
100 For. & Col. Gov. Trust and
Loan Scrip, issued at £B5 all 88 20
50 Gollivara, lint.
10 General Credit & Dis., lim 71 14 Fl
15 General Steam Navigation 14 27 29
50 Home & Cul Marine In.liut, 5 25 4,1 31
10 Doug Kong and China Gas all •••
20 Hudson's Bay all 144 13 11
20 Imperial Land Co. of Mar-
seilles, lint.
20 Interna.Financial Soc. Hui 5 2 14 3
20 Interns. Laud Credit, lint g 6 4:
50 Italian Laud 5 1,1 p
20 Italian Irri. (Canal Cavour) all 3 35
100 Do. 6 p. c. Bds., redeem
1870, issued 90 all 67 C 9
50 Land Securities, lint 25 11d
25 London African Trading lO 7 51
25 Lon. & Caled. Marine, lim 6 ... ...d
10 London County Land and
Building, lira.
50 Loud. Financial Asso., Um 30 22 21
4 Lond.Gen.Omnibus.Co.lim. all 2 21 n
50 Lond. and Ulasg. Engineer
and Iron Ship, lim 2.5 21 16(1
20 Loud. & Provincial Marine 2 id pr
st Madras Irriga. & Canl. Gus.
ep.c. by India Coy. no 104 108
10 Mauritius Land, Credit, and
Agency, Um.-- l5 11 Id
50 Merchant Shipping, lint. 3:4 3:43
50 Iron Works, lint. 125 •••
10 Natal Land and Colonisa-
tion Co., lint.
25 National Discount Co., lint 5 10/ 11
25 National Prov. Marine, lint. 4 ••• • •
10 National Steam Ship, lint. all 94 "1,
20 Nerbudda Coal & Iron, lint. 6 31 ".
10 New Consolidated Dis. lint. 3 11
5 IN e w Quebrada, h its 1.5.0 4j 11
25 New Zealand Loan & Mer
canine Agency,lim
25 New Zealand Trust and
Loan, Urn 5 15 15
10 Northern Assam Tea, lint 5 7 5
10 Do. B
at North Brit. Austral., lim , 100 48 51
50 North Brit. & Mercan. 1n.,, 61 19 191
25 Ocean Marine (Insurance) 5 13 14
50 Oriental Financial,
5 Oriental Gas, lint all •7
8
5 Do. New 1 1 1P
10 Otago and Southland In.
vestment, lint ............. iP
5 Ottoman Gas, lint.
nd 21
a
10 Panama, New Zealand,
Australian It. Mail link
5 Do. do. .. 0
st Peel R. Land & Mineri,. lim 100 81 31 335
50 Peninsu. & Oriental Steam all 6 48
50 Do. Now 1567
53 Rhymney Iron
1 Do. New
2 Rio de Janeiro City all 18 19
Do. Gas, lira all 2k 211
100 Royal Mail Stearn GO 43 5 40 5
Scottish Aust. Invest., lim lOO 78 83
Do. 6 p. c. Guar. I'ref. 100
Societe Fin. d'Egypte, lira. 10 7 Btl
Societe Gen.de l'Empire ot. 8 25 31
50 S. African Mort. & Inv., llin. 6
25 South Australian Land all 33 34
20 Telegraph Con. & Main.,lim. all 29 291 294 so; 314
20 Thames and Mersey Marine
(Insurance), Bur 2 25 3
20 Trinidad Petroleum, lint B4
10 Trust & Agency of Aus.,lim 1 1• 1p
10 Do do. do. all ...
20 Trust & Loan Co., U. Canada S 5p
50 Union Marine L'pool, lint 5 45 5p 91
20 Union Steam Ship,
15 United Discount Corp., Bin 6 15 5d
20 Universal Marine(ln.), lim• 5 3 4'p 85
10 Upper Assam Tea, lint all 14 2
261 6 7
7 per
50 Warrant Finance, Um.
10030 Van
ice
cent.rpo iye(l3noi afo
(Mortgage)
Laudyg pe)t ,
Loan
an
i 9
60
814
50 West India and Pacific
Warehouses
20 W Steam,e
s t L o ndloimn
w....n. ............ .
an 2O 5 3
d

COLONIAL GOVICIINMNNT

110000
109821 in
190,31 j
I:Diroi.tispb.a. Columbia,Jan. •t
6jppue.iryc
0ent.,1872..............• 100 ...„
....
Do. 1895. . ........ l9O —. ...
Can.Gov.6p.o:Jan.v&July
1877-84 .. . ... ~.... lOO 1041 1051 1041
Do. 6p. 0 ..... .1t Aug 100 102 104
Do. sp. 0. Mar. & Sept 100 102 104
Do. sp. C. Inscribed Pk 100 90 92
Cape G.l.lopc, 6 p. 0.1873.• 108 102 101
Do.Apl.drOot .1590-1900 100 111 113
Do. do 1880.90 100 107 109
Do. Jan.itJuly, 1891 ..•• 100 108 11.
Do. 5 per cent. 15 April
and 15 Oct., 1900 100 98 100
Ceylon, Nov 1878, 6
Do. 18 72, do 160 105 ler
Mauritius, 6p. 0,, 18M-
— Jan. and July ....... • 100 102 104
Do. 1378 ... ...... l6O 165 106
Do. 1882,May and NO. OO 106 108
Do. 1805, Feb. 4. Alia..." 10 106 108
Melbourne Corporate.,
1807-75, 6 per cent- •.• • 100 100 100
N.11.00v.6 p.e.Ja.4.tJuly— 100 103 104 103 f
Nst.l s p et, Apl& Oct • • 00
1( 6 10S
—__ DN.o
so.
‘pve.sspla.cy :36,71Nt00v,.7.i 11:.)00
99 101 1011
Do. 5 p.o. 1888 to 1896 100 99 100 1001 1
Do. 5 p.c. rd.'67 to '75,.
N.Zealand, sp. ot.1891•• 100 _ _
Do. 5 per cent....
DoJan,Apri,July,Oot lOO 91 92
Do 6p c. Mar & Sept '9l lOO 108 110
Do June & Deo., le9l •••• 100 109 in
- IDo l'rov. t 1 Auckld. 1 110 —. ~...
( s cries 1& 2, 189'1..
Nova Scotia 6p. c.Jan
and Jnly. 1875 . 190
Do 18118.. ........... 100 10
Qn.3enslnd. 11p. a. '82.5 100 407 1084 1084
-- Do 1891 ... ..
Tasmanian 6 pet 1.1895 .. 107 109
Do 1893 '97 ....• •.
• Victoria 6 per central lOO 1111
72 R9"_ll•PTii IVA ci Oct omi WI ilt 115 1111 f

NATION.AL EDUCATION LE iGUE.

The inaugural conference of thesnewly-formed Educa-
tion League was, as we yesterday announced, opened on
Tuesday morning in the Exchange Assembly Rooms, l3ir-
mingham. Mr. George Dixon, M.P., was elected chairman
of the conference.

Mr. FRANCIS Arors, secretary, read a number of letters
from gentlemen unable to attend the meeting.
Mr. JESSE CALLINGS, hon. secretary, read the report of
the provisional committee. The report, after quoting
statistics largely to show the extent of the necessity for
education by a national system, proceeded to discuss the
best principles on which such a system could be framed.
The advocates of extended education found themselves
obliged to conclude-that the voluntary system had failed
to meet the wants of the country. It was felt by several
gentlemen in Birmingham that the time had come for the
establishment of an organisation uniting all those who
throughout the country desired to promote a really
national system of education, reaching all places unpro-
vided for, based as to means upon local taxation supple-
mented by imperial grants, becoming, therefore, unsec-
tarian and free, and having the power to compel
attendance as the only way of overcoming parental
neglect. The membership of the league numbered now
3,500, including 40 members of the House of Commons and
between 303 and 400 ministers of religicn. Branches had
been formed in London, Manchester, Bradford, Bristol,
Leicester, Sheffield, Liverpool, Leeds, Huddersfield, Exeter,
Bath, Warrington, Devenport, Carlisle, Merthyr Tydvil,
Weduesbury, and other places. About f 14,000 had been
subscribed, payable by annual instalments extending over
ten years. The work of the League would be to collect and
disseminate through its various branches all available
information on the subject of education, and to promote
the adoption by the Legislature of measures which should
ensure the education of every child in the country, and
which should provide instruction so accessible and so
graduated that the child of the poorest artisan should have
it within his power to fit himself for any position capable
of being attained by a citizen of the United Kingdom.
The treasurer reported donations and subscriptions already
received amounting to £1,212 10s. 6d.
The Ven Archdeacon SANDFORD moved the adoption of
the report. He urged the overwhelming necessity and the
national danger which pressed upon them as a reason for
united and determined action. He adhered to the view
that voluntary education would not secure the remedy for
national ignorance. Compulsory rate-supported and unde-
tiominational educationwas the only available and effectual
system.
Mr. GEORGE DAWSON, M.A., seconded the motion. In
founding a national system, they must establish it on a
basis of simplicity, of great breadth, that it might bear
the strain of the future. They were not going to patch
the existing system, as a garment of semi-charity and
semi-ecclesiasticism. They were no longer afraid of
Government. Government meant the nation acting
itself in the best and most useful manner. The leaders of
voluntaryism had saved them the trouble of refutation;
they had recanted, and confessed that voluntaryism in
education had failed. He liked to see the tax-gatherer
come when the object of the tax was a good one; and one
of the pleasantest sights to him would be the advent of
the tax-gatherer when he came to lay the hand of national
compulsion on society, and make them pay to secure for
every child in the nation a sound primary education. They
were going to take a State sheep out of the fold of the
Church—relieve the Church from a burden which had been
too long imposed on it. They had lately taken a Church
sheep out of the fold of the State—the Irish Church. The
work of education was the work of the State. It belonged
to the whole nation. As well talk of a denominational
water-cart, or a sectarian vaccinator, as denominational
education or sectarian school.
The report was adopted.
Mr. E. POTTER, Carlisle, in moving the election of
council and other offices, expressed his strong sense of the
necessity of a national system of education on the scheme
of the League.
Professor FAWCETT, M.P., then moved that a bill em-
bodying the principles of the League be introduced into
Parliament next session. They were about to give a
pledge to the nation that something was to be done
to bring the question of education to a practical issue.
The question was now ripe for legislation. If a bill were
placed before the country by the League, the country would
be able to express its opinion upon it. It was said that
they should wait till the Government measure promised
for next session were brought in. It was too bright a pros-
pect to suppose that the Government bill would embody
the principles of the League. If it did, then the League
would give up its measure, and give all its support to
Government. 1:no ,s—antial point upon which they
wore agreed to sink all minor differences was- that they
were determined that elementary education should be
, guaranteed to every boy and girl in the country, and if
in any part there was a deficiency of educational
appliances, then schools shouldbe built and maintained out
of rates. Only where a deficiency existed would the
Government interfere. He was in favour of the support
of such schools out of local rates in preference to taking
money out of the national funds. In the latter case
voluntary schools would have no chance of main-
taining an existence, and on the score of eco-
nomical administration it would not be wise. His own
fear was that free education would weaken the obligation
which the parent should feel to educate his children.
But on this point he was perfectly willing to sacrifice
his own fear. He advised that their bill should be
introduced the very first week of the session, and forced
on through all its stages. His experience in the house had
convinced him that persistency was of the greatest impor-
tance. He had much pleasure in moving the resolution.

Professor TROROLD ROGERS seconded the resolution.
If they could only obtain a concession of the necessity
of national education, all the other points of their
programme would follow by inevitable logic. Compulsory
education must be unsectarian. For well-defined
reasons ho accepted that most necessary conclusion
The scheme must be compulsory, for anything like
a Permissive Bill would be wholly and hopelessly useless.
He agreed with Archdeacon Denison that all
permissive legislation was a sham and a hoax.
In the United States there was such an extensien of a
system of education that compulsion was unn,-cesary,
public opinion so strongly urged every parent to send leis
child to school. This he urged in answer to the fear of
Professor Fawcett that parents would cease. to feel the
obligation to send their children to school. If they had
not the adhesion of a very large number of the members
of the House of Commons, they could remember that no
great agitation ever originated under any large patronage
of persons of influence. He urged them to stick to their
programme, and they would win. The enemies of national
education counted on disunion. Let them keep to their
principles, and they would secure their object.
At the afternoon sitting, Mr. GEORGE Dixon, M.P., read
a paper on "The best System for National Schools, based
upon Local Rates and Government Grants." The scheme
of the League, he argued, need not involve taking imme-
diate charge of all existing schools where education was
being satisfactorily carried on. In such schools it might
be that no further action of the State would be required.
It would suffice if provision were made for the transfer to
the school boards of those schools whose managers desire
such transfer. Mr. Dixon sketched a measure for national
education.

Professor TROROLD ROGERS read a paper on the ques-
tion as to the source from which the funds necessary to
provide the machinery for secular education should come.
If it could be shewn, he said, that all the benefits of a sys-
tem of primary education tended to the material advan-
tage of the class for which they sought to provide such an
education, and would produce no effect upon the general
well-being of society, the cost of supplying that education
ought to be entirely defrayed by the parties who desired
the benefit. Nor would it be impossible to obtain such
funds from the direct contributions of the class for whose
purposes such a tax would be expended. But the educa-
tion of the mass of labourers would benefit society at
large—the employer of labour especially would be bene-
fited. As to the levying of the tax, supposing
it to be leiloied not on one class but en all, the question
came how the rate should be levied. They had in England
a rough and ready way of levying taxes for local purposes,
by putting a rate on the occupier of property ; but he held
that such a form of taxation was often grossly unfair. If
they could get a just income tax—such a tax would be,
theoretically, the fund from which an education rate
should be levied. But under existing circumstances he was
driven to recommend that the tax for education should be
derived from what he termed that financial abomination
the Consolidated Fund.
The Rev. Mr. STEINTHALL, of Manchester, read the next
paper, and the discussion was initiated by Mr. William
Symonds, of Merthyr Tydvil, who exposed the abuses of
the existing schools, and argued that the League might
with advantage make its platform still broader and snore
comprehensive than was proposed.
Mr. APPLEGARTIT, of London, secretary to the Amalga-
mated Society of Carpenters and Joiners, maintained, from
his acquaintance with the working classes, that instead of
being unfriendly to compulsory education, they were most
desirous that the principle should be carried out to its
fullest extent.
Mr. THOMAS GRUM, President of the Trades Council
of Birmingham, also eulogised the scheme proposed by the
League.
Sir Crrntsrorunn Raw-Lixsox expressed his cordial
adhesion to the programme of the League. He protested
against the work being entirely turned over to the
Government, fearing that in that case there would be job-
bing and gross extravagance; and because it withdrew from
local self-government one of the greatest sources of an
Englishman's honour and pride. He concluded by eulo-
isinf the common school system of America, and urged
that it should be the foundation of the English system.
Tte discussion was continued by Sir Wil4i.ain qu.iss, and
of tho_Vm, AularmAcili2d,