The Sun.
London, England, 1858-07-07 00:00:00

EAST ANGLIAN.

An extraordinary meeting of this company took
eet es
result-ssr ts e eto,f
Goodwin
cote ac
lent vapenr
and others,
eroee
tdphioenrrgts ona mncdht hatneo
cdegirriyev cea tgotarine osf
place yesterday at the London Tavern, Bishops-
gtmha
r
sanction to an appeal against th 3 decree of Vice-
Chancellor Sir W. Page Wood. Mr. H. Bruce in
the chair.
The question brought before the meeting in-
volved a moat complicated statement of accounts
ta
which it appeared from the chairman's rep \es, had
been laid before the Vice-Chancellor some years
ago, on the occasion of a bill being filed in Chan-
cery, praying for aninjunction to restrain Messrs.
Rasper and Co. (solicitors to the thenoriginalcom-
o
com-
panies—the Lyun and hiy, the Lynn
from proceed-
ing
faonrdtiDieerree--
ham, and the Ely and Huntingdon-Lwhich had
beene vwith
merged
teohrfg
an
ndn intoalleged
lacegit eothedn btahlEaeasyi Anglian)
hadni i
hneir favour, and
brought
that their professional accounts, together with
those of Messrs. Goodwin and Co. (also solicitors to
the said companies) should be submitted for taxatiox
and their cash accounts for due investigation. Tt_e
case was duly argued before Sir P. Wood, who ulti-
mately decreed that, according to the evidence be-
fore him, the accounts in question had been pro-
perly balanced and settled, and that there was no
ground for the injunction prayed for. The directors
being afterwards advised that it was a case in
which there was good cause for an appeal against
such a decree, now brought the matter before the
• shareholders for their decision, and after a length-
ened discussion a resolution was passed to the
effect that it was not expedient to proceed with
the appeal, as the company had already been in-
volved in too much litigation, and that it would be
useless to oppose the decision of so distinguished a
judge as Sir Page Wood.
The meeting then separated.

Y 0 UNG AMERICA.

We have Young England, and Young France,
and Young Italy, and other youths of note and
pretension in the Old World. They are, however,
but the bright hallucinations of old or middls age.
Young England is nothing more than the old buck
who, with a wig and false teeth, will white
trousers, light coat, and white hat, dreams of
perpetnateyauthisrgad, eso—drearniug, is knocked
over by a sudden return of his old gout or rheu-
matism. There is only one really new nationality
in the world, like Young Greece, or the sturdy
and mutinous rabble that Romulus gathered round
the Palatine. It is Young America. It is the
lion's cub—strong, clumsy, playful, and harmless
till provoked, when savage nature shows itself
rudely and unpleasantly. Young America is
the young gentleman just come to his pro-
petty ; with an abundance of anima spirits,
with health, with much money and credit • with
all the elements for a good start. His future,i
even on this side the grave, is infinite and inex-
haustible. Do what he will he can never get through
his money, his time, his friends, his vigour,—every-
thing. He may for the present do what he pleases.
A few years' riotous indulgence, a few madcap
adventures, any number of questionable friends of
all sorts, any rate of expenditure, will leave a re-
mainder ample for the purposes of ordinary life.
It will be time to be wise ten years hence, or twenty
years hence. What, too, if he has to pay for it at
forty, or fifty That is very remote. So, let the
future take care of itself. This is the calculation
on which many a young lord commences that bril-
liant career which forms so frequent and so pro-
minent a feature in Mist' social life. How he
blazes and flares for ten years ! What a jolly life
he leads ! How he rises from scrape to scrape,
still unscathed, exciting the hopes of Lis friends,
and baffling the auguries of the cynical ! He is a
cat of nine lives. Nothing harms him. With
what stamina he meets illness, loss, hostility, and
even disgrace ! But meanwhile he is steadily and
surely drawing upon his capital. He is draining
his stock of money, health, strength, credit, time,
and friends. This is his opportunity, and this his
way of using it. In ten or fifteen years at the
latest he awakes from his dream to the saddest of
certainties. He has wasted the spring of his
life, and there remain a barreia slimmer,
au unprofitable autumn, and a dreary winter. For The Charybdis, 22, one of the new class of steam
50 long years, if he haply live so long, he will have screw-corvettes designed by Sir Baldwin Walker,
to brood on the bitter recollections of a wasted Surveyor of the Navy, is being completed with all
youth. This is the too common career of Young despatch at Chatham dockyard, and will be launched
England in its personel and individual sense. What during the present summer, when a line-of-battle
if it should be the career of that Young England screw-steamer will be laid down on the same slip.
denominated from its estate Young America ? We learn by electric telegraph from Plymouth
We owe, indeed, an apology for this warning. , that the Australian auxiliary screw steam-ship Un-
We are told that England and Ameriba aro no daunted, Commander W. H. Franklyn, arrived at
longer mother and daughter, but sisters. Well, we that port yesterday evening. She left Calcutta on
are at least the elder sister, and, as we cannot give the 23d of March • Cape of Good Hope the 16th,
ourselves all the airs of youth, we may as well and St. Helena Vay the 29th. Her cargo
tons consists
claim the benefit• of seniority. So, listen to us, of 100 tons of sugar, 200 tuns of rice, 400 of
Mr. Dallas. Be advised, Young America. We iniligs and silk, and 50 tons of Assam tea. She has
admit that your position and your prospects aye 30 passengers, and 140 military invalids, men,
splendid. We admit that for a considerable time women, and children under command of Major
you are likely to have it all your own way, and Langdon, Royal Artillery, and the craw of the
that you may do a great deal without being called barque Ariadne, which WAS burnt at sea.
to account for it. You have now, it appears, got There will be no field-day at Portsmouth to-mor-
finally rid of that remnant of your tutelage, the row, but the spectacle wilt take place at 3 p.m. on
right of visit, as well as the right of search. This Friday, if the weather be favourable.
is a great emancipation. Young Hopeful will now Captain G. T. Gordon, recently appointed to the
have a latch key ; his letters will not he opened command of the Hannibal, 91, and the supsriuten-
or his boxes overhauled. He will not be asked dente of the steam-fleet in reserve at Pottsmouth,
about his friends, his bills, his amusements his arrived on Monday night, and yesterday morning
occupations. Young America will now take or went on board and read his commission.
lend kis flag all over the world. From zone to The Penelope, 16, paddle-wheel frigate, Captain
zone, and Pole to Pole, the Stripes and Stars Sir W. Wiseman, will
be put out of commission
will proclaim perfect freedom to every trade
this day at Portsmouth. It is believed she will not
or profession that may choose to assume be worth the expense of repair for another commis-
them. Slavers, pirates, or any worse' trade, if it sion, and will eventually be broken up. She was
can be discovered, may now carry " the grand the first attempt at a "big" steamer of war by con-
principles of American independence, conquering version, having been an old 42 gun frigate. She
and. to conquer, all over the world." 'wherever we I was lenetheued 60 feet amidships.
go, across the vast breadth of the Atlantic that glo- The Nautilus, 6.gun brie, Lieut. Grant-, arrived
rioas banner will proclaim sacied imieueity. As at Por smouth yesterday from Plymouth.
for the ulterior designs avowed by those who fel- The screw steam-gunboats Beagle and Ringdove
lowed Mr. Dallas at Monday's testivi y, they do are ordered into the basin at Portsmouth to be
not rest on the candour of this or that convivial brought forward for service.
orator. We know well enough what Young Ame- The Comet ste an-vessel embarked the 2d B itta-
rice. wants, and we know aloes hat where there is a lion of the 12th Foot yesterdey at Cowes, and
will there is a way. The pent object of our ad- landed them at Portsmouth, whence they proceed
miration is the newly-achieved triumph of Ameri- to Chester.
can independence, and ihe inexhaustible opportu The launch of the Windsor Castle, 116 guns, is
nities and resources of this unequalled child of for- to take place on the 26th of next month. She is
tune. still ou the slip at Pembroke, on which she was first
With the greatest respect for Mr. Dallas, how- laid down eiget or ten years ago ; but when finished
ever, with the most brotherly affection fur Young it was deeme i that her build and lines were such
America, and the most cordial wish for her real im- that it was not desirable to launch he.. then, so for
provemeut and legitimate progreee, we regr, t some four or five years she has been on the stocks almost
omissions in ties important declaration, as it seems ready for floating. She has since been altered and
to be considered. The description of Youni Aare fitted for the screw, and, though rived at 116 guns,
rice's position and prospects is cenfined to her terra- probably she will not mount more than 100.
rial, material, and political inaproverneiA, and the When launched she will be placed on the steam
probabilityof herpolitical p rine ples extending over reserve.
the world. Not a word of her duties lied obligations. The Right Hon. Sir J. Pskington, as First Lord
Not a word of her reiviiviess to do nobly fur herself of the Admiralty, he'd a levee yesterday at the
that which has been hitlirte intended by the clumsy Admiralty, at which the undermentioned officers
and aunoying interference of Olaf Eiesland• is attended :—Admiral Sir Charles Napier, K.C.1.3.,
Young America wholly indifferent to4'the moral General Sir Edward Nicoll9, Vice. Admiral
charalter of her flag, and to the nature of t!,e Sir Ge Tge W. Seitorius, Vice-Admiral H.-T.

NAVAL _INTELLIGENCE.