The Sun.
London, England, 1867-01-17 00:00:00

gliN, LONDON, THURSDAY EVENING, JANUARY 17, 1867.

SHARE MARKETS.— This dap

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DO.
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Great Eastern, Ord. st Ic•
Do. E. Augl. at. No. 2
Great North of Scotland
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Gt 8. and W. of Ireland
Ili Gt. Western -Original
Do. 6. Val. Rail. gua.
Do. South Wales
Do. W. Mid.—Oxforc

Si SJ
121 123
4u 45

20
st
st
100

4 6
66 68
70 72

li7 119
34 35
4 4

121 123
13S 134

Do. Newport
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!Lancashire & Yorkshire
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Soot. N. E , Aber. stock
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COLONIAL GODES:

British Columbia, 6 per'
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1877-84
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Do.Apl.&Oct , 1890-1900
Do. do 1880-9 u
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Do. 5 per cent. 15 April
and 15 Oct. 1900
CaDyolo.n, Nov.
11878, 868,
Mauritius, 6 p. o, 1873,
Jan. and July
Do. 1878
Do, 1882. May IS, N0v..6
I o. 1895. Feb. ez Aug
N atal 14ov. 6 per cent
NT.B.Gov. 6 p.c.J a. &J my
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II Do. do, April & Oct

100
all
100
100
100
16.13.4
100
100
100
all

SSE

100
100
100
all
100
100

190
100
100
It,o
100
100

fT SECUIC

96 98
97 99
97 99
79 81
78 80
101 103
104 106
103 105
101 103

88 70
leo 102
104 ha

102 104
103 105
102 106
105 107
96 100
94 96
90 92

84 Si
98 100
84 86

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'.ITIES.

1151 S

1071 II 7 1

Shall Mr. Gladstone be Prime Minister ?

The following remarkable article appears to-day
as the first leader in the Daily News :
The very able speeches delivered the other day at
Brighton by the members for the borough suggest many
topics for reflection and discussion. Both point to the
coming session of Parliament as likely to witness a grave

constitutional struggle, on which, before many mouths

have passed, the country may be called to arbitrate. Mr.
Fawcett sounded the note of alarm with regard to another
danger. With characteristic boldness and unreserve, ho
stated openly what a good many people have been secretly
whispering, that intrigue within the ranks of the Liberal
party will again be summoned to the aid of the more
open and candid hostility of the hereditary and professed
opponents of Reform. The Adullamites and the disaffected
Whigs are not content with having defeated a Reform
Bill and thrown out the Ministry which introduced it.
They are anxious to depose the too liberal leaders of the
Liberal party. "I already observe signs," said Mr. Faw-
cett, "and hear rumours which tell me that there is
going to be a great effort made—and you will hear
of it before long—to prevent Mr. Gladstone
being made Prime Minister of England." Mr.
Fawcett's warning has received confirmation more
speedy and authoritative than even he can have
anticipated. In the number of the Edinburgh Review,
which was issued yesterday, there is an article on the
"Position and Prospects of Parties," of which, without
doing any injustice to its merits, we may say that the

most remarkable portion is its concluding paragraph. The
writer quotes the words uttered by the gallant Conserva-
tive Chief in July last, in regard to his own
position and the peculiar difficulties that beset

his cause:—" My Lords, if I could for a moment
have seen any other leader who, while keeping
the Conservative party together, was more likely
than myself to obtain the adhesion of a portion
of the Liberal ranks, I say, without hesitation, that I would
have been rejoiced, and been relieved to have hadded over

to that leader, whoever he might be, a post which he might

have been more able to fill." -The implied converse, that
it is the duty of a Liberal leader to obtain the adhesion of a
portion of the Conservative party, or even that he is bound
to sacrifice Liberal principles for the sake of securing the
support of politicians who are Liberal only in name, may be
passed over without comment. The Edinburghßerietver affects
no reserve as to the application of his precedent. He treats
the post of Liberal leader as if it were vacant, and its
future occupant undesignatod. But these generalities do

not satisfy him. He addresses an almost personal appeal
to Lord Russell and Mr. Gladstone to abdicate in favour of
somebody or other not conspicuous enough to be named.

These statesmen are told that " neither the experience of

age nor the impetuosity of genius are infallible guides in
a new state of affairs, and in critical times patriotism
and loyalty to a cause may require that personal

pretensions should yield to expediency and the
general good." True, neither genius nor experi-
ence is infallible—it does not require an Edinburgh Reviewer
to tell us that ; but at any rata they are better guides in
critical times than mediocrity and experience. Patriotism
and loyalty to a cause should beyond all doubt weigh-
more with statesmen than obstinate regard to per-
sonal importance or dignity. But to sacrifice a
cause to the maintenance of obsolete party tradi-
tions and connections, and to the formation of a precarious
alliance between men who have no common principle or pur-
pose, is neither patriotism nor loyalty. This is the course
which, probably without any perception of , its real
character, the movers in the intrigue denounced by
Mr. Fawcett and abetted in the Edinburgh Re-
view are urging upon the Liberal leaders. The
appeal to Mr. Gladstone's generosity is especially ungene-
rous. It is not a question for him of personal claims. He
cannot yield to a coterie without deserting his country. The
great bulk of the Liberal party, and all that is most dis-
tinguished in it, not only accept, but have earnestly wel-
comed and invited him as their leader, and he is now
asked, less to waive his individual pretensions
than to betray their confidence and the cause which they
have committed to him. He is requested to confess to
having failed in the leadership of the Liberal party in
the House of Commons ; to cry peccavi ; to descend
to a lower place ; and to see some person, without
genius, experience, or services, and more acceptable
to the clubs therefore and to "society," set over his
head. For if Mr. Gladstone is unfit to be Premier, he is
unfit to be leader of the House of Commons, which is the
really responsible part of the Administration. Now, Mr.
Gladstone's leadership, we maintain, has been eminently
successful even where it seemed to fail. It will not be
denied that those who desired the passing of the
Reform Bill of 1866, or iu its default, a larger
measure, have no complaint to make of his conduct ; only
those who wished the measure to fail censure him. This
may seem a paradox ; but the motives of both are obvious.
They see that the apparent and momentary defeat is the
first decisive step that has been made for fifteen years to-
wards victory ; that it has effaced the merely nominal dis-
tinctions of party, and substituted for them that truer
division according to real opinion, on which Lord Derby
insist-3d, and which, in his overtures to Mr. Lowe through
the late Lord Lansdowne, and in his negotiations with
Lord Grosvenor and the Adullamites, he endeavoured to
bring about. The opponents of 'term.. in the ..ukb
believe that they can resist it more effectually by abetting
a Conservative policy under a Liberal Administration than
by going over in a body to the party which, on this question,
has their sympathies, and allowing the lines of political
division to be drawn sharply and clearly. Mr. Gladstone
is not likely to fall into the trap which has been set for
him, cunningly as it has been baited with an appeal to his
personal generosity, in order that his resistance may bo
the more plausibly attributed to self-seeking and ambition.
His degradation, though it would be keenly relished by
the noble faction which makes more account of blood than
of brains in a political loader, is yet desired chiefly as a
means of injuring the cause of Parliamentary Reform with
which he has associated himself. But here personal feel-
ing operates also. That jealousy of merely intel-
lectual superiority, which has sometimes on ques-
tionable grounds been imputed as their charac-
teristic vice to democracies, has always marked the
Whigs who have been Whigs and nothing more.
It is essentially the temper of the present House of Com-
mons. Mr. Disraeli has felt it no less than Mr. Glad-
stone ; Mr. Lowe had to contend against it until he became
its ;unscrupulous flatterer, and sought vainly to direct it
against the reputation and influence of Mr. Mill. In all this
the House of Commons is out of harmony with the mind of
the people. If the statesman who has the confidence of
the vast majority of his fellow-countrymen is distrusted
and disliked by the assembly which claims to represent
them, it is clear that Parliament is not the mirror of the
national sentiment ; and the necessity of Reform is proved
by a now argument.

No true Liberal can object to seeing the experiment of
the party tried, though no true Liberal can possibly join in
it. If the nation wants a Premier who will achieve nothing
and offend nobody, by all means let it choose its King
Log, surround him with appropriate counsellors, and
submit to his rule. But the place of Mr. Gladstone, while
such an administration is in office, will not be on the
Treasury bench, but below the gangway, among the inde-
pendent members who accept his Parliamentary leadership,
and not among those who have spared no pains to em-
barrass and degrade him. A man who is too great for the
first place is, is fortiori, too great for the second. But the
experiment will fail. The business of statesmanship is to
govern the nation, and not to humour political cliques and
coteries; and the men who are best fitted for the higher
task will seldom succeed in the lower. Mr. Gladstone's
power and influence will be enormously strengthened by
the intrigue against him, which will be injurious only to
the intriguers themselves.

MARKETS.—This day.

Death of the Marquis of Exeter, K.G.

We regret to announce the death of the Marquis
of Exeter. A telegraphic message was received in
town on Wednesday morning announcing that the
much respected nobleman expired at 1 a.m., at
Burghley House, his princely seat near Stamford.
For some mouths past the deceased marquis had
been labouring under a malady which from the first
precluded all hope of recovery.
The following admirable memoir is taken from
" Baily's Monthly Magazine of Sports, &c.," of
August, 1860, from the pen of one of our best sport-
ing writers :
The Marquis of Exeter, who, in addition to that title,
enjoys the dignities of Earl of Exeter and Baron Burghley,
was born on July 2, 1795, and succeeded his father on his
decease on May 1, 1804. He received his education at
Eton, from whence he was transferred to St. John's Col-
lege, Cambridge, where his great ancestor, 'William Cecil,
High Treasurer and Prime Minister to Queen Elizabeth,
was inducted into a university life. St. John's has ever
since been the college of the Burghley family ; and every
year, in pursuance of a time honoured custom, one of the
senior fellows proceeds to Burghley to preach a sermon on
one of the Sundays in the month of June.

" In order to trace the racing career of the noble marquis,
and the success of those blue and white stripes on which
the fielders have for years built their hopes, we must ask
our readers to accompany us as far back as 1816, when we
find his lordship, then a minor,winning a plate at Stamford
with Woodpecker, by Asparagus; and at which meeting a
£5O plate had been given regularly for some years by his
trustees.

"To dismiss so enthusiastic and veteran a sportsman as
the marquis with a few brief commonplace phrases of lau-
dation would be unjust; and if we prolong our memoir
beyond the limits we have assigned to others the circum-
stances of the case must plead as our excuse. Possessed of
a colossal fortune, arising from estates in Northampton-
shire, Lincolnshire, and Rutlandshire, and deriving also a
considerable income from house property in the metropolis,
which has, however, been recently sold for the purpose of
widening the Strand and Wellington-street, and a 10 years'
minority putting him into the possession of a very largo
sum of ready money, his lordship embarked on the Turf in
a style that befitted so mighty a seignior. His first purchase,
which was made in order to promote the prosperity of Stam-
ford Races,was Captain Candid, for whom he gave Mr. Watt
800 gs., at the recommendation of Lord Frederick Bentiuck
and sent him to be trained by Richard Prince. There were
giants then in the land, both as regards men and horses
for those wore the days when the Dukes of York, Grafton,,
Rutland, and Portland gave their sanction to the sport
with their presence and their teams ; when Handicaps and
Nurseries wore unknown ; and when we saw such animals
come out as Whalebone, Waxy, Whisker, Salim, Rubens,
and Orville, with such jockeys as Clift, Jackson, Chifney,
Araull, and Buckle on their backs. Tu be great at that
time was something like a distinction ; and, aided by his
resources, which enabled him to purchase the best blood
in the market, he soon showed himself able to cope with
the best of his rivals; and the blue and white stripes of
Burghley were as dangerous as the Cadland blue or the
Grafton scarlet. Although he did not give the fabulous
prices for yearlings which we see paid in the present day,
he still liked to have the best blood in the market; so it
was not surprising that in the fifth year of his career he
should have been delighted to see Jem Robinson carry off
the Oaks for him with Augusta. Seven summers after-
wards Dockeray, on the famous Green Mantle, renewed
the triumph; and his third main Conolly threw for him
with Galata in 1832. These were the only great Epsom
races that he can boast of, for, strange to say, from sonie
cause or another, which is hardly worth diving into, Epsom
was an unlucky course for him; while, on the contrary,
Ascot and Goodwood were exactly the reverse.
"But Newmarket has ever been the great theatre of his
operations, and here he carried on his racing establishment
on a scale which has never since been equalled, although
Lord Stamford may bo said to be approaching it. Beside
his own residence, Foley House, and adjoining his stables,
an extensive covered riding school was erected, which
served the purpose of a tan gallop for exercising his horses
in the winter, when the ground was so hard that they
could not go on the Heath. And such was the care he took
of the number of lads employed about the stables that a
schoolmaster was especially engaged for them, in order
that they might receive an education suitable to their sphere
in life, and be protected from the temptations which
assailed them in the town. With so great a stud his en-
gagements were extensive, and, barring those of Lord
George Bontinck, they have seldom been exceeded in the
Calendar. Not a Produce Stake, a Sweepstakes at New-
market, Epsom, Ascot, and Goodwood, escaped him, and
latterly he got as far as S tockbridge. Manson was his first
trainer, and remained with hint many years ; but a dis-
agreement relative to a Derby horse led to his resignation,
and he was succeeded by Harlock, whose ability cannot be
better adve. tised than by the hundreds of races, great and
small, which he pulled off for him, sometimes under cir-
cumstances of the most disadvantageous nature.

" His breeding establishment was at Wothorpe, near
Burghley, and his t•4t..1 ouo was 3uitan ; and as the win-
nings of his stock in one year (1832) amounted to upwards
of £20,000, it may be guessed how valuable he was to him.
He chiefly bred for stoutness, and the Racing Calendar will
show the extent of his success. When handicaps came
more into vogue, and the best horses began to be run as two
year olds, he increased his stud, and followed in the wake
of Lord George Bentinck. But a too long perseverance in
the same strain led, as might be expected, to disastrous re-
sults. The blue and white stripes were more often seen in
the rear than in the van, and the account in Burlington-
street was of a very different complexion. Still, on the
side-board of Burghley—one of the most magnificent of
the palaces of English nobles, and on a par with Chats-
worth, Trentham, Belvoir, and Eton—may be seen a
matchless collection of prizes which have sorely taxed the
goldsmith's art, and will ever remain records of the fleet-
ness of his racers. Among the more memorable races ho
has won we may mention the Two Thousand two years in
succession, won in 1829 and 1830 with Patron and Augus-
tus, and again in 1852 with Stockwell, with whom he sub-
sequently won the Doncaster St. Leger. And we well
recollect the feeling of pride and pleasure that pervaded
his countenance as he walked by the side of his chestnut
hero into the enclosure. And although ho does not mix
so familiarly with his jockeys as some of his class, still we
have reason to believe Norman did not forget the ride or
the encomiums he bestowed upon him. Hydrangea pulled
him through the Goodwood Stakes in 1847, as did his
high bred yearling Glenlivet through the Leamington
Stakes, when he broke down the well-known Hetman Pla-
toff. The Goodwood Cup was ono of the great objects of
his ambition, but hitherto it has defied him, although he
ran second for it to Priam with Beirem. The Ascot Cup
of 1833 Galata earned for him, after losing the Port at
Newmarket; and the glory of the victory was not a little
heightened by her beating the then wonder of the age,
Lucetta, in the presence of the Sovereign and the Court.
Here also Stockwell and Teddington ran that terrific race
for the Emperor's Vase, which will never be for gotten by
those who witnessed it, and which many good judges affect
to believe now should have gone to Burghley had Stockwell
not overpulled Norman in the middle of the race, which
enabled Job Marson to beat him by a head at the post.
In matching, which was his chief amusement, he was a
great proficient, and Newmarket even now recalls to mind
those heavy betting encounters between Oakley and Celia.
Four times did that pair meet on the T.Y.C., and on the
first occasion, at 71b., the mare beat the horse half a length,
and the marquis triumphed over the admiral. But the
latter, nothing daunted at his defeat, ran again at even
weights over the same course, and found the 71b. off
him turned the balance in his favour. And in the follow-
ing year, when they ran twice again, the horse giving
61b. in one instance and 81b. in the other, the result
was the same, proving the mare must either have gone off
or the horse gone on improving. Still these temporary
defeats had nothing to do with his general success, which
was, on an average, as good as could be expected, particu-
larly when it is considered he ran no horses but those he
bred. One rule of his lordship, and which made him such
a favourite with all classes, was, that if his horse were
well, and could get one leg before the other, he ran him,
taking all the chances of war. By so doing he frequently
won races which he could never have dreamed of doing ;
and either by an accident happening to a favourite,
or a wrong run race, or a slow pace, he has defeated horses
immeasurably better than his own, and proved himself the
fielders' best friend. Indeed, for the last 20 years the blue
and white stripes have been the rainbow of the bookmakers,
who, while he has anything running, still think there is a
hope for them. As a breeder of shorthorns the Marquis of
Exeter has been quite as successful as with race horses,
and for years no Smithfield list was published that did not
contain his name as a medallist. In 1855, being under the
necessity of constructing a branch railroad from the Great
Northern Railway to Essendine, at an outlay of upwards of
£70,000, ho thought it prudent to give up his stud, which
he offered in one lump, as Lord G. Bentinck and Col. Peel
had done before him, for £lO,OOO, the purchaser taking on
himself the responsibility of all future forfeits and present
engagements. The offer, however, was made in vain, al-
though, had it been accepted, it would have been a cheap
one, for as in the Bentinck there was a Leger winner in it,
and the purchaser by Stockwell alone would have had the
rest for nothing. This horse, but for an attack of lampas,
which came on between the Two Thousand and the Derby,
and an accident in running for the race, would have won
him that prize which he so much deserved; but his disap-
pointment was atoned for by the St. Leger, which he
carried away in a canter, the little Daniel looking like a
pigmy beside him. All endeavours, then, to dispose of
them by private contract having failed, recourse was had
in October, 1855, to the eloquence and hammer of Mr.
Richard Tattersall. With the exception of the auction of
the Hampton Court stud on the death of William IV., and
the recent disposal of Lord Londosborough's magnificent
collection of the late Lord Loudesborough's horses and
mares, no sale ever excited so much interest in this horse-
loving island as that of the Burghley menage. But al-
though the materiel was so good to work upon, the reserve
prices were so high that only four brood mares, two
yearlings, and 10 foals were disposed of. The crack year-

ling by Birdcatcher out of Pocahontas was purchased by
Lord Portsmouth, through John Day's agency; and the

Racing Calendar will show sho did not -belie her own

breeding or her purchaser's judgment. Stockwell was the
subject of just such another fight as took place for him at
Grimston not six weeks back. Our allies struggled gal-
lantly for him as they did then; but the gameness of
Scott, the manager of Lord Londesborough's stables, pre-
vailed in the end, and, risking the consequences of ex-
ceeding his commission by a hundred pounds, his last nod
to Mr. Tattersall secured Yorkshire this famous sire, and
enabled the Lord of Grimston to boast of two such horses
as were rarely, if ever, known to be in ono man's posses-
sion at the same time. At the present moment the Mar-
quis of Exeter's stud is of very limited dimensions, nor is
ho likely to increase it at his age. In politics the noble
lord has ever been a most devoted supporter of the great
Conservative party, aiding its operations by every legi-
timate means in his power, and shrinking from no sacrifice
to promote its success. Under successive Administrations
he has been selected, from his high personal character, to
fill the important offices of Lord Chamberlain of her Ma-
jesty's Household and Groom of the Stole to his Royal
Highness the Prince Consort; and that, like the illustrious
founder of his race, he has been a favourite at Court, may
be judged from the fact of her Majesty having visited him
at Burghley, and stood Sponsor to his daughter, the Lady
Victoria Cecil. In the disposition of the 16 livings of
which ho is the patron ho is animated by no considerations
beyond those of how he can best promote the religious in-
terests of his tenantry, and against sectarianism of any
kind he invariably sets his face. In private life no man is
more respected, although the public have mistaken his re-
serve and shyness for hauteur; in reality, not a member of
his order is less proud and more accessible. Mingling only
with his own set, he is perhaps of opinion that confidence
is a plant of slow growth ; and if he does not bestow it
without consideration, the possessor should value it the
more ; and, blameless in domestic life as he is untarnished
in his public career, if the peers of England set the same
example to society as the Marquis of Exeter has done in
the discharge of the duties that have devolved upon him,
there would have been a vast diminution of radicalism in
the country, and a great increase of respect for the barons
of the land."

There is littlo to add to the above description of his
lordship's turf career, the only two animals that have
latterly been prominently associated with the popular blue
and white stripes being Knight of the Crescent and Grand
Cross. His lordship's final appearance on a racecourse was
at Stamford last year, on the occasion of the sale of his
yearlings, since which ho has been, with a few occasional
exceptions, closely confined to the house by the attacks of
the insidious disease (morbus Brightii) to which he ulti-
mately succumbed. We append a list of the principal
nominations which become void through his lordship's
death :
Two Thousand Guineas—Grand Cross.

One Thousand Guineas—Queon of Nuts.

THE DERBY—Knight of the Grove, Knight Templar,
Knight Errant, Golden Bloom, Red Cross Knight, Star of
India, Anatomist, and Dutch Admiral.

THE OAKS—Dovetail, Queen of Nuts. Nightshade, Arabs,
and Application.

Doncaster St. Leger—Grand Cross, Dutch Admiral, Star
of India, and Dovetail.
The nomination of Grand Cross, now one of the favour-
ites for the Derby, will not be affected, as he stands in that
race in the name of Lord Burghley, sou of the deceased
Marquis ; but the Two Thousand and St. Leger engage-
ments of this horse will, as we have stated, fall through,
he having been nominated for those events by the late
nobleman, Star of India also, s hose chance in the Derby
is disposed of, will be qualified to contend for the Two
Thousand Guineas Stake, his nominator for that race being
Lord Falmouth.

Lord Exeter's nominations for the great races of 1868
aro as follows:—The Derby, 4; the Oaks, 5; and the Don-
caster St. Leger, 3 entries. Among the spring handicaps,
wo notice that the 4-yr-old Amazon is entered for the
Great Northamptonshire Stakes in the nomination of the
deceased, and is therefore void.

Linn EDITION.

SUN OFFICE, 7 o'CLocK.

T3IE GREAT LOTS OF LIFE AT THE

REGENT'S-PARK.

LATEST PARTIC ULARS.

Notwithstanding the alarming rumours in circu-
lation this afternoon, we can state positively that
up to the hour. of going to press, no addi-
tion was made to the list of bodies re-
covered to-day, beyond the two mentioned in our
first edition, which have been identified as that of
Daniel North, 14, Wilsted-street, Somers-town,
and Frederick Beer, 38, Roman-road, Islington.
Let us hope that we now know the worst of the
terrible calamity. The search for bodies, however,
will be continued with unabated activity to-morrow
and Saturday.