The Sun.
London, England, 1858-09-27 00:00:00

man.

THE SUN, LONDON, MONDAY EVENING, SEPTEMBER 27, 1858.

FAREWELL SEASON OF MR. CHARLES KEAN
AS MANAGER OF THE
ROY AL PRINCESS'S THEATRE.-
This TREAT RE WILL OPEN on SAT URDAT
next, the 2nd October with the Farce of
DYING FOR LOVE.

To be followed by
THE MERCHANT OF VENICE,
which play will be performed for a Fortnight, and then with-
drawn for the production of Shakspere's Historical Tragedy
of KING JOHN,
which will be revived on Monday, 18th October.

THEATRE-ROYAL, DRURY-LANE.
Under the Management of Miss L. ryne and Mr. W.

Harrison,

-----
THIS EVENING, Balfe's ROSE OF CASTILLE : Miss
Louisa Pvne, Miss Susan Tyne, Miss M. Prescott • Mr. Fer-
dinand Glover, Mr. A. St. Albyn, Mr. George honey, Mr.
Bartleman, and Mr. W. Harrison.
Conductor—Mr. Alfred Mellon.
To conclude with a Ballet Divertissement : Mdlles. Zilia
Michelet, Pasquale, and Morlacchi.

THEATRE-ROYAL, HAYMARKET
Lessee, Mr. J. B. Buckstone.
THIS EVENING will be performed THE RIVALS
Messrs. Buckstonf, Howe, W. Farren, &c. ; Miss Reynolds.
After which, TICE DAUGHTER OF THE GUADAL.
QUIVER. rerea Nena.
With THE KING'S GARDENER.
And JOHN JONES.
Commence at 7.

OYAL LYCEUM THEATRE.
31anager, Mr. Edmund Falconer.
TEIli!5 EVENING, the New Comedy of EXTREMES;
or, sten of the Day. Supported by Messrs. Leigh Murray,
Emery, Rogers, and Barrett ; Mrs. A. Mellon (late Miss
Woolgar), Mrs. Weston, Miss Kate Saxon. •
To conclude with the Ballet of TITE'R'..NDEZVOITS, in
which the Lauri Family will appear. •
Doors open at half-past 6, to commence at .7. Box-office
open from 11 to 5 daily. -

ROYAL STRAND THEATRE,
Lessee and Directress, Miss Swaaborough.
THIS EVENING, MY AUNT'S HUSBAND;; Mr. Swan.
borough, Mrs. Selby, Miss Ternan.
After which THE LAST OF THE PIGTAILS ; Messrs,
C. Selby, J. Bland, and J. Clarke, &c.
Followed by THE BONNIE FISH WIFE.
And I'LL WRITE TO THE TIMES. '
Commence at 7 o'clock.

CANTERBURY HALL, Westminstei-road.—
OPEN EVERY EVENING.—The following Company
of Vocalists are engaged for the performance of Selections
f rom all the popular OPERAS, MADRIGALS, CHORUSES,
GLEES, DwETs, Ore., viz.:—Miss Russell, Mrs. Badsey,
Miss Brunell, Miss Bay, Madame Bartoletti, Miss Montague,
Mrs. Lawrence, and Mrs. Anderson ; Herr F. Jonghtnans,
Mr. Hon shaw, S. Jones, J. Barker, W. Melling, Senor Antonio,
E. L Hime, Mr. Badsey, Senor Tiroli, Mr. Cozens, Mr. Bell,
Mr. Barnard, and. Mr. St. Albyn. Mr. John G. Forde and E.
W. Mackney. Pianoforte, Mr. Cecil Hicks—Harmonium,
Mr. Courtnay—Director, Herr F. Jonghmans. Commence at
7 precisely. Suppers, &c., until 12 o'clock..

NOTICE.—The Proprietor begs respectfully to announce
tma in the month of October,

A FINE ARTS GALLERY,
now in courae of construction, will be thrown open in oon•
nexion with the above Hall.

THE WEATHER.-Sux OFFICE, SEPT. 27.

THERMOMETER, IN THE SHADE.

66—highest mince noon yesterday.:
58—lowest this morning and during the night.
65—this day at noon.

BAROMETER-.--29.83.

WIND, W.S.W. ; light, with dull weather.

THE SUN.

MONDAY. SEPTEMBER 27, 1858.

The Battle of the Boyne, or of Boyne-hill, is, we
suppose, over. Five commissioners, and a Bishop's
Chancellor have acquitted the Rev. RICHARD TEM.
PLE WEST of having committed any ecclesiastical
offence, in the legal sense of the phrase. Had it
been a civil offence that was in question we should
have had to record that a magistrate had refused
to commit for trial, or that the grand jury had
ignored the bill. In a preliminary inquiry, under
a special act of Parliament, evidence having been
heard in favour of the charge, and also evidence re-
butting it, six gentlemen, of more than ordinary
qualifications as a jury, have declared that there is
not even " prima facie ground for instituting fur-
ther proceedings "—a majority only of the Bishop's
commissioners was required, but they were, in this
case, "unanimous ;" and they were unanimous for
what may be called a triumphant acquittal, even
setting aside the evidence of the nculpated indi-
vidual, which, with the exception of a few not very
desirable "non mi ricordos," was of course unequi-
vocally in his own favour.

It is, therefore, a somewhat curious question,
how it can be that such a verdict should not give
universal satisfaction. A Doctor learned in the
civil law presided. Counsel on both sides were
heard, and examined and cross-examined witnesses
on either side—the woman, the questioning or
" confessing" of whom was the subject of investiga-
tion, was fully examined, so was her questioner or
" confessor." The inquiry was in open court, and
in the sufficiently roomy court-house of Maiden-
head, and the Commissioners sat, through a good
staff of reporters, before all England. Yet we arc
told that the cheers and the expressions of disap-
probation balanced each other ; and, what is more,
they will probably balance each other throughout
the country—very likely throughout the press of
the country too, though we strongly suspect that
the general sentiment might be expressed by such
phrases as—" Clever Bishop ;" " Well-selected Com-
missioners ;" " Lucky Mr. WEST ;" " Well, he and
his sort will be a little more careful now."

We must freely confess, however, utterly un-
learned as we are in ecclesiastical law, and knowing
" the :canons" only as an antique of which we have
merely turned over the pages to see what they
could be about—we must confess that we should
think there was not ground for an indictment of
the rev. gentleman for a legally ecclesiastical
offence. We think it probable that, had we our-
selves been competent to sit on a commission for the
trial of a " clerk," that we too must have said not
guilty, or, better still, as the Scotch would say,
" not proven." The case resembles one of every-
day occurrence in all the courts of the kingdom—
a case in which the accused is seen to be not all
that we could wish him to be, and the evidence
sufficient to make us wish we could strain it a little,
and "to do a great right do a little wrong"—but
in which we feel it better far that a delinquent
kind of man, perhaps an actual delinquent, should
escape, than that law or evidence should be strained
by judges or juries. Doubtless the feeling of half
the audience in court was much of this kind. They
might not think the Commissioners had violated
their duty, but they felt that there was, somehow,
a wrong without a remedy ; and they were very
certain that, us the clergyman of Boyne-hill, Mr.
RICHARD TEMPLE WEST was the wrong man in
the wrong place.

We do not like to reopen at any length the details
of the evidence. Mrs. ARNOLD, the woman in
question, had, by her own admissions in court, been
guilty of violations of the seventh commandment
(the Anglican Confessors' favourite commandment);
but it is commonly remarked that persons guilty of
one kind of sin, especially of sins of sensuality, are
by no means on that account more prone than other
sinners to lying and perjury ; and we must say we
cannot help crediting the woman's first story, and
that part of her evidence which accorded with it.
We had lately, according to the express verdict of
a jury, a case of forgetfulness on the part of a
Baronet, and we know not why " Clerks in Holy
orders" may not be as oblivious of inconvenient
facts as Baronets " in commission of the peace."
The parish squabbles, and their bearing on the
conduct and veracity of the different individuals
concerned, it it impossible for strangers to appre-
ciate. It appears as if persons had been discussing
the affair, and encouraging or blaming the wo

WITHIN the last five weeks the bullion in the
Bank of England has increased by no less than
£1,689,455, or from £17,444,600 to £19,134,065.
The notes unemployed, or Bank reserve, have been
augmented in a still greater ratio, the addition
being £2,093,410, or from £10,771,940 to
£12,865,350. There has thus been a steady in-
crease in the Bank assets of nearly £340,000 per
week of bullion, and £420,000 in unemployed notes.
And this will, in all human probability, go on
until the reduction of discount by the Bank—
which it must submit to, unless satisfied to " con-
tinue altogether without business"—tempts men into
wild speculations, and eventually brings about a mo-
netary panic and scarcity of money, so dear to the
hearts of " hard calculators." This rapid and steady
increase is the more remarkable, inasmuch as it has
occurred at the period of the year when, owing to
various causes, there has usually been a heavy
pressure on the Bank resources, and more 'earnest
demands for money. Under ordinary circumstances
there is a gradual reduction in the stock of bullion
and the reserve of notes from August until Novem-
ber, and nothing more clearly indicates the de-
pression and general inactivity of trade than this
reversal of the ordinary phenomena perceptible in

other years.
The Bank must therefore force its notes into cir-
culation if desirous of, paying handsome dividends
to the proprietors of its stock, to whom- the Direc-
tors owe their first duty. It signifies little that a
change must be produced by these operations, and
that, when the period arrives for repaying the obliga-
tions thus contracted, money may be at a very dif-
ferent price, that the severest depression must in-
evitably follow the wildest speculation. That dis-
tress, however, is the harvest of the hard calculators.
They profit by the sufferings of the industrial com-
munity, and so long as they can realise large addi-
tions to already overgrown fortunes, they heed but
little the distress and misery occasioned to their
follow citizens.

The Times, as their organ, the recognised ex-
ponent of their selfish and unpatriotic views, would
encourage the temporary mania. It says, "If the
public are so wild and ignorant that they must
inevitably fall into intoxication under such circum-
stances, and suppose that because temporarily there
happens to be a large supply of money, there can
never again be any want of it, they will not be-
come wiser that it is in the power of the Bank Di-
rectors to regulate these matters." The moral to
be deduced from this reasoning may easily be anti-
cipated. The Times adds, " Let discount pursue
its spontaneous course down to 1 per cent. or up to
20 without the intervention of Chancellors of the
Exchequer, and, although a few bitter lessons must
meanwhile be encountered, our people will at last
become as rational on this as on any other point.
The practical effect of this doctrine is, that no
protection should be, given to the heedless and un-
wary. They must take care of themselves in this
wicked world, and cannot justly complain if they
should be victimised by more skilful operators.
They should receive no state protection. There
should be no attempt to deprive trade of its gam-
bling and speculative character. Whether discount
be 1 or 20 per cent. no efforts should be made to
prevent those extraordinary fluctuations in the value
of money, which, as Mr. COBDEN truly declared,
have occasioned greater evils, pecuniary, social, and
moral, than the failure of all the banks of issue that
ever suspended payment ; and yet that very Mr.
COBDEN voted in support of the bill which occa-
sioned those very fluctuations of which he so
bitterly complained.

That the Act of 1844 was the exciting cause of
these fluctuations cannot for a moment be doubted.
For 140 years—from 1701 to 1844—the rate of dis-
count was never more than 5 or less than 4 ptr
cent., save for a short time in 1839, during one of
the periodical panics that have followed the Act of
1819. It was then raised to 6 per cent., but in
January, 1840, was again restored to 5 per cent.,
and remained between that and 4 per cent. until
after the passing of the Bank Charter Act. It is
needless to say how great have been the alterna-
tions since that time. Mr. GODDARD, an eminent
merchant in Lancashire, a thorough and consistent
Free-trader, exhibits the following pertinent inter-
rogatory to the currency quacks : " Have not fluc-
tuations in prices in the value of property, and de-
rangements in trade, been much greater than at
any former period, even under unlimited irrespon•
Bible issues of paper money ? Have we not wit-
nessed the wildest speculations and the severest
depressions P" This is undoubtedly a deplorable
fact. As Mr. GODDARD prophesied, there has been
" no security in trading transactions," and the pro-
ductive classes have been periodically exposed to
the most frightful adversities.

The freedom advocated by the Times is, however

of a very one-sided character. There is to be no
interference with the rate of discount, but currency
is to be subjected to the greatest restrictions.
Notes payable on demand cannot be issued save
under certain stringent regulations, and to an
exlent by no means equivalent to the wants and
czigencies of the country in time of pressure.
Monetary reformers must, therefore, endeavour to
get rid of the Act of 1844, which has so greatly
aggravated the evils in critical emergencies, and
when that iniquitous law has been abolished, it
will be comparatively easy to set aside the Act of
1819, by providing really national notes, of conve-
nient denominations, which being made receivable
in payment of taxes and every state charge, will
answer every domestic purpose, and permit the
£50,000,000 of gold now circulating from hand to
hand, to be rendered available for foreign trade.
The wear and tear of the gold coinage, as well as
the interest thereof, will thus be saved to the
country. But even that tangible gain will be
trifling when compared with the establishment of
a circulating medium, adequate to the wants and
exigencies of the industrial population of the coun-
try, and which will not be permitted to be either
in excess, or in a great deficiency.

The Honourable Gentleman the Member for
Gateshead can find no cause for "criticism or com-
plaint" in regard to the doings hitherto of her
MAJESTY'S Government. That at least was the
explicit intimation given on Thursday last by Mr.
HUTT to his constituents. The occasion was a
municipal banquet presided over by the Mayor of
Gateshead, over against Newcastle-upon-Tyne.
Politics not being even ostensibly eschewed as at
th© Cutlers' Feast
.down at Sheffield, where Hon.
Members like Mr. MILNES and Mr. ROEBUCK con-
trived, nevertheless, to speak pretty distinctly upon
a variety of party questions, toasting their per-
sonal friends and doing their political foes brown,
simultaneously—Mr. HUTT directed his remarks, I
and the attention of his hearers point blink upon
the past and future of the DERBY Administration.
It was while doing so that the Liberal Represen-
tative of Gateshead gave utterance to the before-
mentioned sententious and satisfactory observation.
It is not so long after that a political antagonist
can find it possible to avow, in the hear-
ing of his own supporters, that he really
discovers no great occasion to criticise or com-
plain when reviewing the conduct of Minis-
ters—particularly when the avowal comes after
the close of an unusually difficult, stormy, and
agitated session of Parliament. It is obvious that
such an acknowledgment can only by possibility
come as the sequel to the continuous and syste-
matic display of extraordinary prudence on the
part of a Cabinet. Insomuch has this manifestly
been the case, in Mr. HUTT'S estimation, of recent
events, that all we do by way of lengthening out
his remarks upon political matters generally
is to—indulge in a variety of the most
whimsically and gratuitously absurd conjec-
tures well imaginable. He implies the
probability—though accompanying the intima-
tion with a cherished hope to the contrary—
that the coming Reform Bill includes all the points
of the Charter. No such great boon, however, to
our thinking, if it did—provided only that the Ballot
were given at once, and universal suffrage were
insured gradually and progressively. Another
fantastic hypothesis submitted to his constituents
by the Member of Parliament for Gateshead was
that in which he looked forward to the proba-
bility ere long of Oxford dubbing as D.C.L.
the Emperor of CIIINA, "that almost mythical
personage." A political speech made up of such
small talk is at any rate satisfactory, so that it
indicates the gay good humour consequent upon a
rather happy conjunction of circumstances. A
Ministry, for example, so extremely well-behaved,
all things considered, that it is difficult to find any-
where cause for picking a quarrel with it. Our
second war with China summarily and most satis-
factorily disposed of. European alliances pre•
served. Hopes of Reform even of ultra-
reform perceptibly reviving. The Indian
insurrection dying out under the iron heels of our
victorious soldiery, common in healthy action—and
so forth. Until, blase with the national good for-
tune, charmed by the monotonous tranquillity of
the nations of Christendom, the member for Gates-
head is actually fain, at last to lament that we have
somehow fallen upon times—" rather dull and un-
interesting ! " Thank Heaven, at least, say we,
that the public journals are no longer attractive by
reason of the romantic interest arising from dis-
asters and misfortunes.

THE GALWAY AND AMERICAN STEAM
PACKETS.

Since the first ship was placed on the line, even
with all the disadvantages of haste, accident, inex-
perience, want of necessary shipment accommoda-
tion here, and other drawbacks, the Lever line has
proved a decided success. See already what these
vessels on the Lever line have done, and what they
have prospect of doing. The Propeller, as beauti-
ful a ship of her size as ever we have seen, though
not a first-class ship, made on her outward trip
from here, heavily laden with passengers and cargo,
one of the fastest voyages on record across the
Atlantic. She left Boston on the 21st inst., on her
return voyage, full of passengers, and as much cargo
as she could take. We learn from the steam ship
Anglo-Saxon, which arrived in Liverpool last night,
that the officers of the Propeller had been honoured
with a public banquet in Boston. This speaks for
American sympathy. We have already said enough
about the pre-eminently successful voyages of the
Prince Albert. .The Pacific has also completed a
most successful voyage, having arrived in New York
on the 4th inst„ and landed. her passengers all safe
and well. Advices have been already received by
the indefatigable local agent. here, W. H. Butler,
Esq., of .the consignment of freights to go per
Indian Empire of bale goods from Manchester, also
advices of large quantities of whisky, porter, and pro-
visions from Dublin ; of ease goods, linens, muslins,
thread, sailcloth, &c., from Belfast, Lisburn, Ban-
bridge, and most of the manufacturing districts of the
north of Ireland. Now, as to what is being done among
ourselves, we may state that on Monday several
directors of the Midland Great Western Railway
arrived here by special train with a view, among
other objects for facilitating and increasing traffic,
of laying down a line of railway from their ter-
minus to the dock, The directors who came down
were--Mr. John Ennis, M.P., chairman of the com-
pany; Sir P. Nugent, Bart. ; Mr. Gaynor, Mr. La
Touche, and Mr. Nangle, of Garresker-house. They
were accompanied by Mr. Forbes, manager ; Mr.
Cabrey, chief engineer' and Mr. Boylan, with his
assistants, commenced laying out the line, and we
have reason to know that it will be proceeded with
as soon as possible. When completed it will form
a chain in the breakwater, of the construction of
which, by the aid of the Government grant, the
company are sanguine, but the announcement of
which, it is thought, is delayed for prudential
reasons.—Galway Vindicator.

THE QUEEN'S RETURN.—It is expected that the
Court will return from Balmoral about the 15th of October.
The weather continues highly favourable for deer-stalking,
but the Prince Consort has not been so successful in the
forest this year as he was in former seasons.
THE PRINC E OF WALES' FIRST STAG.—The Prince
of Wales killed a fine stag in the forest of Balmoral on
Tuesday. The deer was brought home in the evening, when
the Queen surveyed it, congratulating the Prince on the
success of his rifle. A party of eight Billies with torches
th.tn danced a reel in honour of the occasion and in presence
of the Royal household, after which the health of the Prince
was toasted by the company.
The Chrn xllor of the Exchequer has conferred
on Mr. Henry Parr, the son of Mr. Edward Parr, the
author and editor of various literary works, an appointment
in the War Department.
Her Majesty's Theatre is advertised to be let on
lease. We do not, .however, despair of the fortunes of this
noble establishment, whose artistic and aristocratic prestige
will always render it a favourite house with the public.
PRINCESS'S.—Mr. Charles Kean re-opens this
theatre for his farewell season next Saturday evening, when
the magnificently mounted and finely acted play of 46 The
Merchant of Venice" will be performed.

LATEST NEWS.

TURKEY.

CONSTANTINOPLE, SEPT. 18.

The news of the conclusion of the loan has, as
might be imagined, produced a considerable im-
pression on the money market. In less than a
week the pound sterling, which was varying be-
tween 173 and 178, went down to 149, and bills to
the end of the month even to 140 piastres. Since
then a slight reaction has taken place, which may
be looked upon as the death struggle of the agio-
tows, who try to make the most of their last mo-
ments.

The following are the terms of the concession
which was granted to the Banque Generale (Suisse)
and a number of English capitalists represented
here by Messrs. Wilkin :
" Art. 1. The Government of his Majesty the Sultan
grants to the privilege of establishing a Bank of the State
in the Ottoman Empire, of forming a company for this
purpose, and of raising the necessary capital in shares.
This Bank will be called the Bank of Turkey.
" Art. 2. This Bank will be under the surveillance of his
Majesty the Sultan, in order that the principles of this con-
cession as well as the general laws of the empire be main-
tained.

" Art. 3. This concession is giVen for 30 years, and one
year before the expiration of this period the Imperial Go-
vernment will be at liberty to announce, its intention of
dissolving this bank, paying to it in full the capital as well
as interest of all the sums which it may owe to this said
bank at the expiration of the concession. The bank engages
on its side to liquidate all its debts, and to withdraw all its
bank-notes in circulation against metallic.

"Art. 4. The central point of this establishment will be
at Constantinople, but the bank will be at liberty to esta-
blish, with the authorisation of the Government, branch
banks or agencies in all parts of the empire where the com-
merce might require them, and special regulations concern-
ing the circulation of notes and other operations of these
branch banks will be adopted in concert with the Imperial
Government, and published. •
"Art. 5. This bank will have the right of doing banking
busines s—that of discounting and making advances on all
kinds of securities, buying and selling bills, receiving de-
posits, and giving bank post bills.

" Art. 6. The direction of the bank will be in the hands
of a couneil composed of a governor, a vice-governor, four
censors, and 24 directors, of which six must be Turkish
subjects. The governor, vice-governor, and two of the
censors will be named by the Government, the rest will
be named for the first three years by the coneessionnaireB
and after that by the majority of the shareholders according
to the statutes of the bank. Two-thirds at least of these
directors must reside at Constantinople. The absent direc-
tors will have the right to be represented in the bank
Council by proxies.

•Art. 7.The bank will publish every month, in one or
more Turkish and French newspapers of Constantinople, a
statement of its position.
"Art. 8. The accounts of the said bank will be examined
and balanced every six months, in order to declare the
dividend, and these accounts will be likewise published in
the newspapers.

" Art. 9. The statutes of the said bank will be drawn up
and submitted to the approbation of the Imperial Govern-
ment one month from the opening of the bank.
" Art. 10. The capital of the said bank will be
£1,000,000 sterling, with the permission to augment it to
£2,000,000 or £3,000,000, with the consent of the Govern-
ment. The bank can only begin its functions when the
capital of £1,000,000 shall be paid down; and this payment
must have been made six months after the firman of con-
cession has been delivered to the comeestionnaires against a
caution-money of £20,000 sterling.
" Art. 11. The said bank will have the exclusive privi-
lege of issuing bank notes, which shall be a legal tender
in Constantinople, and in all parts of the empire where
branches or agencies shall have been established. These
bank-notes will be payable to the bearer at his demand in
tnetallipm in the bank-office at:Constantinople every day
except Sundays and fete days, between the hours of 10 a.m.
and 3 p.m. The bank-notes, which will be put into
circulation according to the regulations mentioned in Art. 9
by the branch establishments, must come from the Bank of
Constantinople itself, and will be payable in specie where
they have been issued—that is, by the said bank. The
bank will have the right of issuing triple the amount of the
cash in hand. As an exception only, for the first year, the
bank will emitnotes but for double the amount of itsbullion,
unless the remaining third be represented by Ottoman
securities in its portefieeille.
" Art. 12. The Government engages not to issue any sort
of paper money, nor to accord or allow the exercise of any
such privilege in the empire to any person or company
during the term of the concession.

" Art. 13. In case of any divergency in the interpreta-
tion of some clause of the present concession, the case shall
be submitted to arbitrators, named in equal numbers by the
Government and the concessionnaircs, and in case that the
votes should be equally balanced an umpire will be named.
"Art. 14. The bank will be entirely exempt from taxa-
tion on the part of the Government. The bank will accept
no bill or security negotiable in Turkey which has not on
it the Government stamp.
"Art. 15. The Government will, publish a law for the
punishment of any person who might change, falsify, or
imitate the notes, or .affix the ordinary seal of the said
bank, or who should defraud the said bank.

" Art. 16. The Government will afford military protee.
tion to the bank, as well as its branch establishments.

" Art. 17. At the request of the Imperial Government
the bank shall take charge of the receipts and payments
of the Government like the public banks in Europe ; and it
will keep a separate account of all transactions of this kind.
For all advances which it might Make for the Government
in anticipation of the revenues the said bank will receive
Treasury Bonds at from 30 to 90 days' date according to the
choice of the bank, which bonds will bear yearly interest of
6 per cent.

" Art. 18. In exchange for the Imperial firman of con-
cession the concessionnaires pledge themselves, as a security
for their execution of the contract, to pay down in the hands
of the Turkish Ambassador in England a caution money of
£20,000 sterling in money or in Ottoman securities, to be
deposited in the Bank of England to the credit of the
Turkish Government. This caution money will be restored
to the concessionnaires as soon as the Bank shall have begun
its functions at Constantinople.

"Art. 19. The said bank must begin its activity at least
six months after the handing over of the Imperial firman
of concession or the caution money will be forfeited.
" Art. 20, Tho Government will give to the said bank,
on lease, gratis, the ground necessary for the construction
of a convenient bank building. At the end of the conces-
sion this ground will go back to the Government, which
will refund to the bank the cost of the building.
" Art. 21. It is agreed that in case at any time during the
concession the Bank should lose one-third of its capital,
(which God forbid !) the Government should have the right
if it thought it necessary, to oblige the bank to liquidate
within a reasonable space of time."

The German Journal of Frankfort says :—" We
learn from a good source that all the Powers whi ch
signed the treaty of Paris have addressed a collec-
tive note to Austria relative to the act of the navi-
gation of the Danube. This note mentions the
points which must be modified, and in what
manner, in order that the convention may be sanc-
tioned by the Conference of Paris which is to meet
in the course of the autumn."

We have received Turin journals of the 23d, and
those of Milan to the 22d, but they contain little
of interest. M. Lanza, the Minister of Public In-
struction, provisionally intrusted with the depart
went of Finance, is now in Savoy, inspecting the
works in progress for rectifying the bed of the Sro.
The Corriere Mercantile of Genoa, in alluding to
the conspiracy
said to have been discovered at
Naples, states that Duke Prota, and Prince Camillo
Caracciolo, son of the late Prince Torello, who was
a Minister under the Constitution, have disappeared.
The poet Nicolo Sale and two journalists have been
. .
arrested.

A Naples letter of the 21st says :—" There is
nothing of consequence going on here. The grand
procession of Pie di Grotta,' of which I sent you
an account, has been the only bustle in this city for
some months past. Their Majesties, after the cere-
mony, went back to Ischia, where they have passed
the hottest months of summer for the benefit of its
mineral waters, and to-morrow, after visiting the
cathedral, to pray at the shrine of S. Gennaro, and
to witness the liquefaction of his blood, they leave
for Gaeta for, it is said, the winter. As to polities,
the King does not appear to think of them, and
laughs at what he hears reported in the newspapers
abroad."

FRANCE.

PARIS, SATURDAY.

The journals of Bordeaux state that Prince
Napoleon has passed through that city on his way
to Biarritz. A Paris letter,•in the Nord, says that
the object of the Prince's visit is to confer with the
Emperor on the subject of the note in the Moniteur
on the customs reforms in Algeria, and at the same
time to submit to his Majesty a decree nominating
prefects and sub-prefects in that colony.
Rear-Adm;ral Jurien de la Graviere has received
orders to return to France from the port of Ragusa

the difficulties respecting Montenegro, for which
he was sent to the Adriatic, being terminated.
A letter from Bucharest, in the Gazette du Midi,
says :---" The revolutionary party having had
communications with Kossuth and Mazzini,
had formed a conspiracy- to effect a rising in the
country, which they hoped might lead to compli-
cations and fresh changes. Happily the Wallachian
leaders of the movement perceived that they were
going to open a dangerous gulf for themselves, and
they were able in time to put a stop to the revolu-
tion which would soon have broken out."

BOURSE, September 25, Two o'Clock.—The mar-
ket has been very buoyant, speculators for a fall
having been obliged to prepare for their liquidation
by large purchases of Relates. Threes, after hav-
ing been done at 72f. 80c. improved to 73f. 10c.
Mobilier varied from 950 f. to 965 f. ; Austrian, 667 f.
50c., to 682 f. 50c. ; Lyons, 880 f. to 882 f. 50c. ;
Southern, 600 f. to 605 f. ; Eastern, 740 f. to 745 f. ;
and Northern, 985 f. to 995 f, The following were
the last quotations :

41 per Cents. .... 96
Do. end month ..

3 per Cents. . 73 -::

D. end month 73 10
Bank Shares 3lOO

Crtldit Mobilier 960
Do. Account 962 50

Credit Fonder 670
Belgian 41 . —
Piedmontese (5) 9ll
Roman 921
Austrian
Spanish Threes
Home Debt

RAILWAYS.

Cash. Account.
Orleans
Northern
New ditto 835 .. 835
Lyons and Mediterranean BBl 25 .. 883 75
New ditto
Geneva 660 .. 665
Midi . 6OO 605
Western 645 645
Eastern 747 50 .. 750
Grand Central

Sardinian 440
Austrian 677 50 .. 680
Exchange on London, at sight, paper, 25f. 20c. ; money,
25f. 171 c. ; three months, paper, 25f. 21c. ; money, 25f.

AMERICA.

LIVERPOOL, SUNDAY.

The Royal Mail steamship Africa, Captain Shan-
non, arrived this morning with advices from New
York to the 15th of September, and 669,422 dols. in
specie on freight.
On the 15th, off Sandy. Hook, the Africa passed
the screw steamship Vigo, bound in ; on the 16th
she spoke the Persia, also bound in ; and on the
19th she exchanged signals with the ships Alex-
ander Edmond, bound westward, and the Eliza
Ann, bound eastward.

The steamship Propeller left Boston on the 14th
for Galway.

The Vanderbilt and Bremen had arrived at New
York ; the latter vessel had damaged her ma-
chinery.
Since the arrival of the military at the Quaran-
tine station on Staten Island everything had be-
come quiet. The soldiers and citizens were on ex-
cellent terms. In the Lower Quarantine there were
20 vessels from infected ports.

Her Majesty's ship Tartar was at Kingston on
the Ist inst. Both the Governor and Bishop of
Jamaica were unwell. A violent storm which oc-
curred on the 28th ult. did great damage in the
parish of St. Ann.

_
The deaths from yellow fever at New Orleans on
the 13th were 98. The epidemic was extending
at Charleston, Savannah, &c.

A deputation from the Convention of Venezuela
had arrived in New York to invite General Paez
to return to his own country. It is stated that the
General would comply with the request.
It is stated in the Washington correspondence of
the New Yerk, Herald that the United States' Go-
vernment purposed thanking the Russian Govern-
ment for the courtesy exhibited by its Minister in
China to 11Ir. Reid.
The Star of the West had arrived at New York
with the California mails of the 20th ult., and
nearly 1,700,000 dols. on freight.
Her Majesty's ship Alert was at Panama on the
3d inst.

From San Francisco we learnthat a fire at Sonora
on the Bth ult. consumed 40,000 dols: worth of pro-
perty. The Presbyterian church was destroyed.
Large numbers of adventurers were returning
from Fraser River. There had been a great destruc-
tion of property by fire at Georgetown, El Dorado
county. There was an increased inquiry for money
at San Francisco. The receipts of gold dust from
the interior continued as customary. The markets
were abundantly supplied with merchandise.

From Victoria, Fraser River, our advices are to
the 14th ult. Accounts from Fort Yale are to the
11th ult. Up to one week of the latest dates from the
mining region the river remained too high for ope-
ration on the bars. This had caused great despon-
dency among the people on the banks of the streams,
who were waiting for the waters to subside. About
the sth August the river began to fall, and on the
11th, our latest date, many miners had been work-
ing on the bars for several days. The yield of gold
was very rich. The lowest accounts put it down
at 7 dots. and 8 dols. to the man per day ; the
highest at 50 dols. and 75 dols. Provisions were
plentiful in the mines, and comparatively cheap.
In Victoria there was felt a stagnation in business.
Real estate was unsaleable. The market had been
overstocked with goods from San Francisco, and com-
mercial transactions dull. No rich "dry diggings "
had yet been discovered to any extent. The miners
were pushing up towards the head of the streams,
and now that the waters are subsiding they will
experience less difficulty on the way.
Letters from Greytown, to August 30, state that
the river San Juan had overflowed its banks and
had caused great damage. Some few natives were
drowned. The Nicaraguan soldiers who were at
Fort Castilla have abdicated the fort through fear
of being drowned within it.
A letter from Greytown says,—" The commander
of the Saranac, before leaving San Juan del Sur,
drove the Nicaraguan troops from that place, as
well as at Virgin Bay, and appears to have orders
to open the route, or clear it preparatory to open-
ing it. President Martinez has been hardly pressed
by Lumar for the sum of 6,000,000 dols, as indem-
nity to American citizens."
It is stated in letters from Puerto Cabello to the
30th ult., that ex-President Monagas and others of
his Administration were still detained, but would
depart for England in a few days. The English
naval officer on the station had had to resort to
severe threats to carry out his instructions.
The Bogota correspondent of the New York
Herald announces the arrival there of the French
envoy, with strict instructions to remit to France
for punishment any Frenchman who may speak
against him or his Government. The Granadian
Government had, however, refused to listen to any
such proposal.

Advices had been received from the city of
Mexico to the 2nd inst. In obedience to instruc-
tions, Mr. Forsyth, the United States' Minister,
had suspended diplomatic relations with the Mexi-
can Government. Tampico had surrendered to the
Liberal forces, who were assisted by 400 frontiers-
men and the revolutionary party in the city.
Vidaurri, at the head of 10,000 men, and abund-
antly supplied with the sinews of war, was on his
march to the capital. Several engagements be-
tween the opposing forces had taken place, in one
of which Miramon was defeated. The English
steamer from Vera Cruz reached Havannah on the
Bth inst., bringing a very large number of political
exiles from that unhappy country.
From Havannah we have advices to the 10th.
Molasses 5 to 6 rials. Freights dull. Sterling
exchange, 15 per cent. Exchange via New York,
31 per cent. There has been great mortality at
Havannah among the coolie's received by the Dutch
ship Cornelia, Zoon Hoft, 151 days from Swatow.
She lost 210 on the voyage, and delivered 378
alive. They were dying at the rate of 12 to 16
per day.

At New York the tendency of the Foreign Ex-
change Market was upwards. Bankers' bills on
London were firm at 110, with no active demand.
The Stock Market had suddenly made a down-
ward movement.

DEATII OF THE LATE ENGLISH CONSUL AT JASSY.
—On the 29th of August Mr. S. Gardner, for more than
20 years her Britannic Majesty's Consul at Jassy, in Mol-
davia, and youngest son of the late Mr. Henry Gardner, of
Liverpool, died. During his long residence in Moldavia
Mr. Gardner had endeared himself to all classes,

V:4
L%ki,40,8416% AiNz,
r 4- • A 11,
:41
.0 .11.40* C*474/1016.A1k
z A.
,4,41.m.7tl (0,N„,w.,,
.0, ~ ROIT
,*