The Sun.
London, England, 1856-02-21 00:00:00

.13 URF ORD' S ROY _l L PANORA 311.

Yesterday we were favours, I with a private inspection
of a view of Sebastopol, including the storming of the
Malskhoff, the assault on the Redan, and the retreat of
a large body of Russians towards the bridge of rafts,
which has just been added to this well-known exhibition.
The visitor is supposed to be placed on a portion of the
11Ialakhoff Tower, and, turning to the left, looks down
on Prince Gortschakoff and staff watching in the vicinity
of burning dwellings the struggles going on simulta-
neously within the Malakhoff and the Redan. Extending
his gaze, the dilapidated palaces, temples, houses, &c., of
the once fair city are spread out before him, picturesque
even in ruins, and looking ae if their decay had been
the work, not of weeks, but of centuries. Equally con-
spicuous are the barracks, docks, forts, and the Allied
fleets in the offing. At this point, more especialiy, the
colouring and perspective give a startling reality to the
scene ; so perfect, indeed, is the illusion, that an effort
is required in order to disenchantment. In the rear of
Fort St. Nicholas, and stretching over to the north
side, is the bridge of rafts, and behind ii a few ships of
war, partially enveloped in smoke. Passing onward,
the visitor comes on the Admiralty, with its ruined
buildings, and beyond these looks down on large bodies
of Russians in full retreat from the Malakhoff, while
others endeavour to resist the entrance of the Z maves
within the lower lines of defence. From the topmest
heights of the fortress the tricolor is to be seen floating
over a frightful scene of coufl:ct, in an atmosphere dun
and lurid, and charged with death. In all directions the
Zouaves are seen scampering up to the assault, °vir
every sort of obstacle. Further on the zigzag work of
the trenches, and troops issuing from them, catch the
eye ; while on the extreme left the spectator is presented
with a view of the assault of the Redan, and the Rus-
sians hastening in great force to the defence. Altogether
the exhibition far exceeds our expectation, and bids fair
to become, and to continue for some time, one of the
lions of the metropolis. The 'Panorama, we should add,
has been painted by the proprietor and assistants from
sketches taken by Capt. Verechoyle, of the Grenadier
Guards, aided by photographic views, and is remarkable,
it is said, for its fidelity.

Mr. Sergeant Wilkins has again passed a comfortable
night ; and his restoration to health is progressing satir-
factorily.
The Speaker of the House of Commons will hold his
levees at his house in Eaton-square, on Saturday, the
Ist, and Saturday, the Bth of March, each night at ten
o'clock.

M. Yvon, the painter, the author of a well known
picture, represetiting-a scene of the retreat of Marshal
Ney from Russia, has been commissioned by the Minis-
ter of State to go to the Crimea, to make studies for a
grand picture of the taking of the Malakhoff.
PROPOSED NEW CAmrs.—lt is understood to be the
intention of Government to establish camps in the spring
on Barham Downs, near Canterbury ; Penenden Heath,
near Maidstone ; and Southsea Common, Hants ; the
troops to be encamped are stated at 8,000 on Barham
Downs, 20,000 on Penenden Heath, and 15,000 on
Southsea Common, at all which places the men will be
under tents, and will be drilled in field duties ready for
any emergencies.
A. •oluminous report hall just been issued by the
Port Philip and Colonial Gold Miniug Company, pre-
paratory to their meeting on the 25th. The future
prospects of the concern appear to depend mainly on the
results of an agreement lately made with a Mr. Stephen
to undertake the management of a mineral station in
Victoria, on the principle of being remunerated solely
out of profits. The accounts show 3,1321. cash in Eng-
land, 12,5091. cash and bills in the colony, and 17,546/.
in freehold property, &c., in the colony ; making the
total assets 33,1871. _

The report of the English, Scottish, and Australian
Chartered Bank, issied preparatory to their meeting nn
the 27th, states the profit of the past half-year at 13 2011.
The reserved fund has been reduced from 6,2171. to
1,6171., in consequence of debts to the amount of 4,6001.
having been written off as bad. It is now proposed to
declare a dividend at the rate of 4 per cent. per annum,
which will absorb 10,0001., and to apply 1,440/. to
building and preliminary expenses, leaving 1,7611. to be
carried to the reserved fund, which will then amount to
3,378/.

A little boy named Morley, nine years of age, hung
himself in Southampton on Friday last, There is
every reason to believe that he was innocently trying
an experiment as to the effects of tying a rope with
a slip knot round his neck, and leaning forward to
tighten it, when the experiment proved. fatal. He
was a well-disposed boy, and not at all eccentric in
his conduct or disposition.
REVOLUTION IN SCIENCE.—A lady, the daughter of
the late Mr. Samuel Blackwell, of Bristol, has just
completed her medical studies in Paris, and obtained
a diploma to practise as a physician. She has a sis-
ter, who pursued her studies also in Paris, who is
acting in a similar capacity in New York, under the
title of Dr. Elizabeth Blackwell.- The' lady who has
just obtained this honourable distinction is Dr. Emily
Blackwell. Her studies have been principally directed
to the diseases of women and children.

LATEST NE WS.

MARSEILLES, FEB. 21.

The steam-frigate Sane, which left Constanti-
nople on the 13th, has arrived, with Aali Pasha,
the Turkish Plenipotentiary to the Paris Con-

erences, on board.
His Highness leaves for Paris this evening.

BERLIN, WEDNESDAY.

Count Orloff had an audience yesterday of the
King at Charlottenburg, and left this capital this
morning for Cologne, where he will sleep to-

night.

The Emperor of Russia has just given his ap-
probation to the budget of the navy. It is re-
marked that it is only those parts of it which
apply to the ports of the Baltic, the White Sea,
and the Caspian Sea that are provided for. The
ports of the Black Sea and the Sea of Azoff are
not mentioned in the budget.
Count Zeptowitsch, Russian ambassador to
Belgium, has arrived in Berlin, on his way from
St. Petersburg to his post.

CONSTANTINOPLE, FEB. 11.

The Sultan will decree the freedom of property
in this sense—that Christians shall be empowered
to acquire and possess real estate in their own

names.

The railway from Belgrade to Constantinople
has been conceded to a firm of English capitalists.

MADRID, FEE. 19.

The statutes of the Credit Mobilier Company
have been presented to the Government. It is
not yet known of whom the Board of Directors is
to be composed. The payments of the month of
February are insured.

FRANCE.

PARIS, WEDNESDAY EVENING.

We had lately occisiou to translate the princi-
pal passages of an article from the Lebats, in which
it was argued that the destruction of Nicolaieff
could scarcely be comprised in the conditions im-
posed by the third point. This statement attracted
a reply from the Siecle, which is reproduced in the
columns of the Moniteur of this day. The fact of
the appearance in the official journal of this article,
which insists on the -.destruction of Nicolaieff,
bestows upon it an importance which we recognise,
and we now extract the more important portion of
its contents :

" There are journals which imagine themselves to
be members of the congress, and which lay down
and solve the most complicated diplomatic difficul-
ties with imperturbable aplomb. The Debats is of
this number, and we would willingly pardon the
little weakness which leads it to play the plenipo-
tentiary, as it played the general before, during,
and after the siege of Sebastopol, provided the dif-
ficulties it enumerates were solved in a national
manner. But the diplomatists of the Debuts are
far from having the same tendencies as its generals.
The military editor used to carry the Russian posi-
tions with flying colours. The diplomatist, on the
contrary, leaves to the enemy with a remarkable
liberality everything he may desire. . . .
Now, according to the Debats, the Turks, starting
from the clear and precise text of the third point,
are about to demand that the arsenals and dock-
yards of Nicolaieff be transported elsewhere. Ac-
cording to our ideas, right and sense are on their
side. Nicolaieff is as dangerous to them as Sebas-
topol, and, Moreover, from its slips have gone
forth exclusively the Russian navy in the Black
Sea. But the Debuts does not think so. Nico-
laieff, it argues, is not on the Black Sea : it is a
few leagues inland, on the Boug. Consequently,
it is not comprised in article 3. We need not
prove the hollowness of this argument. It is not
only the shores of the Black Sea that are to be libe-
rated, but the Black Sea itself is to be emancipated,
and, above all, the Woman empire is to be placed
beyond attack. Now, to close the Euxine to armed
navies, it is evident that the Boug must be closed.
If that river remains open, there will be no closing
the Euxine. Let us admit that it is closed by a
treaty ; who in the world will guarantee that fact,
if Nicolaieff remains erect with its menacing
arsenals and dockyards ? No largo vessels will be
constructed there, but smaller ones will make up
by their number for their want of size. Sinope
expeditions will leave the Bong and Nicolaieff, in-
stead of leaving Sebastopol ; that alone is the dif-
ference. The arguments of the Debuts, even if pre-
sented by MM. de Brunow and Orloff, will, we
believe, shatter against the good sense of all. No
closing of the Bong, no article 3. Nicolaieff extant,
no security. This is beyond doubt. With respect
to Bumarsund, the Debats, which has studied the
treaty of Frederickshamm, asserts that the Rus-
sians possess the right of fortifying the Aland Isles.
But it thinks that, out of consideration for Sweden,
not England, Russia will not be intractable on that
point. If she does act thus, she will, whatever
may be her reasons, act with good sense ; for the
question of the possession and fortifying of the
Aland Isles interests not alone Sweden and Eng-
land, but also all Europe. Mistress of these islands
Russia not only dominates Sweden and the pas-
sages of the Sound, but she also menaces the com-
merce of Europe in the Baltic, and could at any
time impose her law on it. Finally, within reach
of the passage of the Sound, she has fleets which
might throw themselves on any given point of
England, Holland, or even France. All Europe
is, therefore, much interested in the question of
the Aland Isles."

After stating its opinion that these difficulties
with respect to Nicolaieff and Bomarsund are
merely diplomatic scruples which will be overcome,
the ,Siecle persists in its declaration that even then
the object of the war will remain unaccomplished,
whilst the real stumbling-block h still the fifth
article :—" The war has not been undertaken alone
to save the Ottoman empire. It has been said and
repeated everywhere in official regions that it was
a question of the re-establishment of European
equilibrium and the prevention of any future in-
vasion on the part of Russia. We demand that
the conditions of peace shall strictly coincide with
the programme of war."
BOURSE, Feb. 20.—The following were the closing
quotations:—

Cash. —7:fr. s. End of Month.
4i per Cents 96 --f. —a.
3 p©r Cente 72 85 73 30
New Loan 73 40

Bank Shares 3,465 Roman
Credit Mobilier 1,565 Austrian
Belgian Five 5........ 97 Spanish Threes
Piedmontese (5) B9 50 Home Debt 38