The Sun.
London, England, 1867-10-15 00:00:00

THE SUN, LONDON, TUt SDAY EVENING, LCTOBER 15, 1867.

making the latter line, would pay them a rent for
the use of the Witepsk station. The severity of last
winter in Russia had rendered it necessary to remove
the snow from the line, and they were enabled to
carry on the traffic satisfactorily during the win-
ter, leaving a good balance of receipts over ex-
penses. The dividend would be declared for the
period between the 22d of June and the sth of
October inst. at the rate of 5 per cent. per annum,
and would be payable on the 25th inst. They could
not prepare and stamp the dividend warrants until
after the meeting, and that was the reason they
could not issue the warrants earlier than the 25th
inst. The engineer would giro them any further
information they might require as to the line and
works.

IR EL A ND.

Mr. C. H. GOSCREN seconded the motion for the
adoption of the report, and it was carried unani-
mously.

A dividend of £1 Bs. 91, less income-tax, was
declared for the interval between the 22d of June
and the sth of October, being at the rate of 5 per
cent. per annum on the nominal amount of the
shares.

Mr. J. Sim wished to know whether the amount
paid for interest on capital during construction
would have to come out of the Russian subsidy. He
quite agreed with the principle of paying interest
during construction out of capital ; but he supposed
that as the line had been itpened throughout, the
Russian Government wont/ pay the subsidy as
dividend.

The CHAIRMAN explained that the subsidy pre•
viously paid was for the section of the line open for
traffic, but this was the first time the directors had
to deal with subsidy for the whole line. The subsidy
was 5 1-12 per cent., of which one-twelfth per cent.
went to a sinking fund, and 5 per cent, was paid
in respect of the capital expended. The money
paid by the Government during construction for
interest on capital would be entitled to simple in-
terest at 4 per cent. per annum on its amount.
When the dividend from the subsidy and the profits
of the line together exceeded 6 per cent. on the
capital, the surplus profits would be divided between
the company and the Government until the whole
of the interest advanced during construction was
paid off. The interest paid during construction
amounted to about £150,000, and bore interest at 4
per cent. per annum.
The ballot was then proceeded with for the re-
demption of 22 shares at par, in pursuance of article
10 of the concession and of section 7 of the articles
of association ; and the numbers of the 22 shares
having been accordingly drawn, the proceedings
terminated with a vote of thanks to the chairman
and directors.

Cockcraft, of the Boscawen, promoted to the :rank
of Captain ; Commander 11. Fairfax, to the Bosca-
wen, vice M. B. Cockcraft, promoted; Lieut. E. C.
Drummond, late Flag-Lieut. to Rear-Admiral
verton, C. 8., promoted to the rank of Commander
Lieut. G. S. Parker, to the Royal Adelaide ; Lieut.
Lynedwk N. Moncrieff, and Lieut. 11. Russell, to
the Excellent, for Study.

D ÜBLIN, Monday.

When the machinations of the Fenia,us are caus-
ing so much uneasiness in English towns, it is not
to be wondered at that similar feelings and appre-
hensions should be shared by the loyal inhabitants
of some of those Irish towns which have already
been the scene of rebellious demonstrations. Lat-
terly everything has been very quiet throughout the
country, and Fenianism only cropped up in the
occasional arrest of a suspected individual, or of
some foolish fellow caught bawling seditious songs
in his cups. Now, however, we hear of disquieting
rumours from some places. In Drogheda it is cur-
rently rumoured that another Fenian rising is at
hand, and that the banks are to be attacked at night
on the occasion. Although there is not much cre-
dence given to the report, the officials have taken
precautions to resist any raid that may be attempted.
The police are under arms by night, and patrols
perambulate the town regularly, in the same man-
ner they did immediately after the outbreak on the
6th of March. The feeling in the town is such that
it is contemplated to memorialise the Lord Lieute-
nant to station a body of troops in Drogheda, for
the protection of the loyal and well disposed. The
police having some reason to suspect that a noto-
rious Fenian leader, known as " Colonel Leonard,"
was in the neighbourhood of the town, made an in-
spection a few days ago of the haggards, barns,
and out-offices, as well as the dwellings of a few
farmers residing about a mile northward of the
borough, but failed to find the person they
were in search of. It is generally believed that the
" Colonel" was present at the rising in Drogheda
in March last, and a remarkable circumstance con-
nected with him is, that only a short time ago he
made his escape from the house of a professional
gentleman in Drogheda, where, it was supposed, he
had been concealed by the servants. On that
occasion he was surprised by the proprietor of the
house in one of the rooms. A policeman was sent
for, but before he arrived Leonard had already made
his escape, through a door leading from the garden
to the street, of which he was provided with a key.
The Cork papers state that on Thursday night
the officers and men on board her Majesty's ship
Mersey, now in Queenstown Harbour, were ordered
to be ready for duty at a moment's notice; and in
the course of the night they were mustered on deck
and put under arms. The cause of this extraordi-
nary step is not known, but doubtless it had some
connection with Fenianism.

Committee No. 1 of the Dublin Corporation has
passed a resolution recommending the Council to
grant a site on the south side of Carlisle Bridge for
the erection of a marble statue to the memory of the
late William Smith O'Brien. The resolution was
passed by a majority, and it is likely, when brought
under the consideration of the Council, to give rise
to a very lively debate. The idea of erecting a
public statue to Smith O'Brien is strongly combated
by the Evening Mail and Saunders' News Letter,
and I think would be generally condemned by the
loyal inhabitants of Dublin.
During the last few days the Earl of Rosso has
rallied considerably, and up to last night continued
slowly to improve, so much so that hopes are now
entertained of his recovery.

PROPOSED IVORKING MEN'S INTERNA-
TIONAL

Last evening a crowded public meeting was held
in the Vestry Hall, St. Pancras, for the purpose of
considering the best means of promoting a Working
Men's International Exhibition in London. The
chair was taken by the Hon. A. Herbert.
The CHAIRMAN, in opening the proceedings, said
there had been, as they were all aware, several ex-
hibitions among different nations by employers, and
they now wished to see if they could not have a
general international exhibition by working men.
He thought he should fully express the feelings of
the meeting when he said that they were extremely
glad there had been exhibitions by employers.
(Hear, hear.) It was very right that men who by
their spirit and capital directed and organised the
labour of working men should have an opportunity
of competing with each other, but he thought it was
now the time for the working men of different coun-
tries to be brought together to compete personally,
one against the other. (Hear, hear.) In the pre-
sent day the historian of battles did not speak so
much of the personal prowess of the men engaged
as of what the generals in command did. It was not
so of old, when Homer sung of the personal conflicts
between warrior and warrior ; and so now, in
the contest of industry, they wanted not to see
the account of the battles of the employers,
but those of the working men. (Hear, hear.) If
they looked back to the middle ages they would find
that labour was much more individualised than it
now was. He instanced the case of Mr. Ruskin,
when the Oxford Museum was building, getting the
workmen who were carving the capitals of the
columns to follow each his own fancy. The result
was some very beautiful work, and the name of
each workman was placed underneath his handicraft.
He was quite sure that if labour was more indivi-
dualised it would be made a great pleasure to
them. Labour to a man whose name went forth
with his work became to him a joy, a pleasure, he
might even say a poem. But there was a more solid
benefit to be derived from individualising labour.
Sub-division of labour had been carried to a great
extent in this country, and he was not going to say
a word against it, because in the present state of
the world they could not compete without it ; but
he could not conceal from himself that there was
harm in it as well as good. lie thought that some-
times they got perfect work by this sub-division of
labour, whilst they sacrificed the workman himself.
He thought that to a certain extent it impaired
the general intelligence of the working classes ;
and there could be no doubt that, with respect to
some of the minute sub-divisions of labour, should
taste or fashion change suddenly, the workman
might be thrown out of employment, and suffer
severely by the change. That was obviated in
America by men learning the different branches of
a business. There could be no doubt that exhibi-
tions like the one proposed made men acquainted
with a great deal of work unconnected with their
own special departments. He wiahel to call the
attention of the meeting to the patent laws. He did
not think the patent laws as they stood at present
favourable to invention. (Hear, hear.) He thought
it possible that such an exhibition as that proposed
might be of great use in that direction. Supposing
the exhibition was successfully carried out, it would
be quite possible hereafter to establish a standing
museum which would give protection to any man
who had invented an improvement and chosen to
exhibit his invention in that museum. (Hear, hear.)
The protection might be given to him for a period
of 12 months, during which time he would have the
advantage of exhibiting his invention, and at the
end of that time he might either sell it or take out a
patent. There was a similar protection given to
industrial exhibitions, but he could not help thinking
that from the proposed exhibition there might be
established a permanent exhibition which would
help inventors and protect them much more effec-
tually than they were helped or protected at present.
(Hear, hear.) In wishing labour to be individualised
as it was in Fiance and in Italy, and to see a
greater number of working men carrying on busi-
ness on their own account, he did not wish to say
ono word aphid the largo firms of England. Those