The Sun.
London, England, 1867-07-29 00:00:00

THE SUN, LONDON, MONDAY EVENING, JULY 29, 1867.

LONDON AND NORTH-WESTERN
RAILWAY.
PARIS EXHIBI PION.
NOTICE TO MANUFACTURERS AND OTHERS.
Arrangements are new made for the CONVEYANCE
of ARTIZANS. with their Wives and Families, Factory
Hands, and other workpeople through to PARIS, at
REDUCED FARES, by ordinary Third-Class Trains
Daily, on production of the authorised form of certificate
from their employers.
Forms of- certificate, and information as to the trains and
arrangements, can be obtained on application to the book-
ing clerks at any of the principal stations.
By order,
W. C AWK WELL, General Manager.
Euston Station, July 25, 1867.

r-11HIE, LONDON JOINT-STOCK BANK,
1 No. 5, Prince's-street, London.
NOTICE IS HEREBY GIVEN, that an EXTRAOR-
DINARY GENERAL MEETING of the Shareholders in
this Bank will be held at the Banking-house, No. 5,
Prince's-street, Mansion House, on Thursday, the 22d
day of August next, at Twelve of the clock at noon pre-
cisely, for the purpose of confirming the following Reso-
lutions passed at the Special General Meeting holden on
the 25th day of July inst., viz.:—
That the following addition be made to the 9th Clause
of the Deed of Settlement, viz. :—" And may al-o from
time to time, if they think fit, diminish the number of
Directors, but so always that such number shall not at
any time be less than fifteen."
That the proviso in Clause 52 of the Compavy's Deed of
Settlement, requiring notice to have been given by some
Proprietor at a previous General Meeting, either half-yearly
or extraordinary, of an intention to propose the resolu-
tion or resolutions in such clause referred to be, and the
same is hereby, repealed, and the said deed is to be read
as though such requirement was not contained therein.
. .

Dated this 27th day of July, 1867.
By order of the Board,
ALFRED SCRIVENER, Secretary.

QCHOOL OF NAVAL ARCHITECTURE,
&c. Admiralty, 26th July, 1867.
The LORDS COMMISSIONERS of the ADMIRALTY
hereby give notice that the arrangetrents for the ADMIS-
SION of PERSONS, not already in the Government ser-
vice, to the Royal School of Naval Architecture. and
Marine Engineering, as Admiralty Pupils, will, for the
present year, be as follows :
Candidates must not be less than 18 nor more than 21
years of age, and must have served at least two years in
private shipbuilding or engineering establishments, or
must give satisfactory proof that they have in some way
been so connected with shipbuilding or engineering opera-
tions as to become well-grounded in the elementary prin-
ciples and practices thereof.
The pupils will be selected by competitive examination,
the subjects for which, and numbers of marks assigned
for each aro as follows Marks
Pure Mathematics, including-Arithmetic, mensu-
ration, geometry (plane and descriptive), plane
trigonometry, and the elements of he differen-
tial and integral calculus
Applied Mathematics, including mechanics and hy-
drostatics
Practical Sluipbuildiag, including laying off (for
shipwright's candidates only)
Practical Marine Engineering (for engineer candi-
dates only)
French
Elements of Physics and Otiyinistry
English Grammar and Composition 750
Geography and History 750
No candidate will be admitted who does not obtain at
least two-thirds of the full number of marks in the two
first-named subjects, and three -fifths of the full number,
either for practical shipbuilding or marine engineering.
The last four subjects, although counting in the compe-
tition, will not be considered obligatory.
The candidates who may be selected will be treated,
while attached to the School, in all respects as the Admi-
ralty pupils; they will receive wages the same as dockyard
appreLtices, commencing at is. 6d. per day for six days
per week for the first year, and increasing yearly 3d. per
day till it reaches 2s. per day ; and in addition a subsist-
ence allowance of 3s. per day for seven days per week
while away from their homes, either at the school or in the
Dockyards.
Six months of each year, viz., from November till May,
will be devoted to study at the School, and the remaining
six months to active work and the acquirement of practical
knowledge in the dockyards.
It is to be understood that the Admiralty make no en-
gagement to employ these pupils after the completion of
their course of study ; and they must rely on their own
worth as educated naval architects for obtaining employ-
ment in their subsequent career. The number of such
pupils to be selected this year is one shipwright and one
engineer. Persons desirous of competing must forward
their names with a certificate of birth, and of the grounds
on which they consider themselves practically qualified,.
enclosing proper certificates to that effect, to the Secretary
of the Admiralty not later than the let of Septembn.
Tho candidates should also state whether they wish to
be examined as engineers or shipwrights.
The examination will take place ou the 23rd September
and three following days.
By command of their Lordships,
HENRY GORDON LENNOX.

2,500

2,500

CONTRACT FOR IRON PLATEWORKERS' WARES.
Contract Department, Admiralty, Somerset House,
July 25, 1867.
• COMMISSIONERS for EXECUTING
the OFFICE of LORD HIGH ADMIRAL of the
UNITED KINGDOM of GREAT BRITAIN and IRE-
LAND DO HEREBY GIVE NOTICE, That on TUES-
DAY, the 3d September next, at two o'clock, they will be
ready to treat with such persons as may be willing to
CONTRACT for Supplying and Delivering into Store at
her Majesty's several Dockyards all such IRON PLATE-
WORKERS' WARES as shall from time to time be
ordered, under a contract for 12 calendar months certain,
and further until the expiration of three calendar months'
warning. The average annual expenditure may be ascer-
tained, patterns of the articles may be seen, and a form of
the Tender and conditions of contract may be obtained on
application at the above department.
No Tender will be received after two o'clock on the day
of treaty, nor will any be noticed unless the party attends,
or an agent for him duly authorised in writing.
Every Tender must be addressed to the Secretary of the
Admiralty, and bear in the left-hand corner the words,-
" Tender for Iron Plateworkers' Wares," and must also be
delivered at the Department of the Storekeeper-General,
Admiralty, Somerset House, accompanied by a letter signed
by two responsible persons, engaging to become bound
with the persons tendering in the sum of £BOO for the due
performance of the contract.
By Order. . ANTONIO BRADY,
Registrar of Contracts and Public Securities.

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must be founded on the assumption that the majo-
rity in Bristol shall be.enabled henceforth to return
all three members as it now returns two, but the
amendment of Lord Cairns disposes of that difficulty.
Lord Cairns has given notice of a proposition that
in contested elections for three-cornered constitu-
encies no voter should give more than iwo votes ;
and if this propositiou be adopted, a minority of a
third will secure one of three members. The three
members for Bristol would thus represent Bristol,
and not merely a majority of its voters. This
amendment coming after Lord Grey's proposition
obviates the grave difficulty which has hitherto em-
barrassed all attempts to design a comprehensive
scheme of Redistribution. The two together make
it the most conservative, as it is the wisest policy to
remove, as far as possible, the anomalies which have
always been offensive to criticism, and which must
become indefensible the moment the useful results
they secure are attained by better means. The
effect would be to exchange a system of representa-
tion by chance and full of inconsistencies for
another equally, if not more truly, representative
and reasonable in form. IVe are convinced it is on
every account desirable that Lord Grey's proposal
to take a member horn each of the boroughs
below 12,000, and give the seats so obtained
to the counties and towns requiring increased
representation, should be adopted. Lord Grey
has, however, other Amendments to follow. If
his first suggestion be carried, he will ask the
house to group together some of the smallest
boroughs, and so acquire still more seats for distri-
bution. Two of the scats thus obtained be proposes
to reserve for a constituency not lately mentioned,
though it was put forward, for enfranchisement in
the bill of 1854. We mean the Inns of Court ; and
Lord Grey suggests that in this • constituency the
cumulative vote should be introduced. The practi-
cal consequence of adopting Lord Grey's suggestion
would be that, as a rule, the ablest lawyer on each
side would sit for the Inns of Court, and the regret
expressed by Lord Russell in his work on Parlia-
mentary reform that Sir Rouudell Palmer should
owe his seat to the good offices of the patron of a
nomination borough would cease. As Lord Grey
has not yet published any scheme of grouping, we
do not know how many seats he proposes to distri-
bute ; but even supposing the method of grouping
were not adopted, he would have ten seats to dis-
pose of besides the two allotted by him to the funs
of Court, and would thus be able to add a third
member to ten additional constituencies. If we add
these to the four already created by the bill and the
seven previously in existence, we shall have 21 three-
cornered constituencies, in each of which the form
of representing minorities proposed by Lord Cairns
could be introduced. The amendments of Lord Grey
and Lord Cairns naturaly supplementing one ano-
ther would thus, if adopted, make no inconsiderable
redistribution bill of themselves ; but even more is
possible. Were the suggestion advanced by Mr.
lisiatchbull-Huge..3sen in the letter we published on
Saturday also adopted, the redistribution scheme of
the bill would be immensely improved. Let the
proposed trisection of counties be abandoned, as
Mr. Hugessee urged, and instead of three divisions
returning two 111e:elm's each, let two divisions be
preserved returning three members each, and the
representation of our great constituencies would
be elevated in dignity and character, and the pro-
blem of redistribution would be effectively solved.
Parliament has made a rapid advance this ses-
sion, but in nothing has the progress of opinion been
more remarkable than on the question of Redistii-
bution. The first proposals of the Government—
timid as they may now appear to us—were thought
dangerous iu their extent at the beginning of the
year, and it is possible that had anything more been
then advanced, the Miuistry and Reform would
both have suffered shipwreck. The first proposals
were enlarged, but as the enfranchising clauses be-
came more liberal it was apparent that the Redis-
tribution scheme, although amended, was inade-
quate. And yet it seemed impossible to go any
further. To disfranchise small boroughs, and to
confer additional representatives on large consti-
tuencies by subdividing them, is a process which
must end in destroying the character of the House
of Commons is the representation of the whole
nati )11, and prejudices apparently invincible stand
in the way of adopting methods of voting by which
the inevitable proc ss of Redistribution might be
reconciled with the maintenance of representative
Government. But opinion has grown vigorously, if
silently. The division in .the House of Commons on
the representation of Minorities was a surprise to
those who trusted that novel truths, however clear,
must be rejected, because of their novelty. The
manifestation of the same opinion in the House of
Lords is a fit sequel to the vote of the House of
Commons. Lord Russell, Lord Grey, and Lord
Cairns are united in recommending the method of
representing the minorities contained in the bill of the
Aberdeen administration, and it is difficult to believe
that such a combination of authority can be with-
stood. It only remains for the Government to
accept, as it should do gladly, the amendment pro-
posed by its ablest supporter. The effect on the
character of the bill of adopting the suggestions of
Lord Grey and Lord Cairns would be, as we have
said, incalculable. Judged, by the party results of
the change, its value would indeed be small, but the
amendments are happily free from party motives.
The bill would be tranformed, purified, completed.
It would no longer be composed of two unequal
parts, the one bold and thoroughgoing, the other
feeble, limited, and provocative of change, bat each
part would correspond to and be complementary of
the other. The whole would be a measure for the
reform of the representation of the people of even
higher value as a work of statemanship than the
Act of 1832, and only less rich in anticipated re-
sults, because the accumulated abuses of misgovern-
ment and unjust legislation have been swept away
in the interval.
THE " WESTMINSTER GAZETTE" ON UNIVERSITY
EDUCATION.—On the adjourned debate last Wed-
nesday on Trinity College, Dublin, Mr. Goschen
put the following question :—" Why should there
not be a university in Dublin which should repre-
sent, not only the 500,000 Protestants, but the four
millions of Roman Catholics ?" Mr. Monsell's
amendment and the subsequent debates have done
much towards compelling a public and satisfactory
handling of a grievance which, for nearly twenty
years, has been inflicted by successive Governments
on Ireland. Since now, however, it is no longer to
be denied that the principle of mixed education, as
represented in the Queen's University, has been
condemned by the public conscience of Ireland, as
well as by the voice of the Church, no attempt can
hereafter be made on the part of any English Go-
vernment with the slightest chance of conciliating
the people of Ireland which does not include such
a simple act of justice as the granting of a denomi-
national university education. On the necessity of
a Catholic education in an unmixed university or
college, the bishops of Ireland are unanimous ;
nothing short of this will satisfy Catholic claims.
The principle of denominational education is also
maintained by Mr. Monsell's scheme, which is sup-
ported by Mr. O'Reilly—au able and earnest oppo-
nent of the mixed system pursued in the Queen's
Colleges. But Mr. O'Reilly, as well as Mr. Mon-
sell, is opposed to the establishment of an indepen-
dent Catholic university in Dublin--a plan which the
Government seems inclined to favour, and which
would receive the support of such Liberals as Mr.
Goschen—on the ground that to multiply univer-
sities would tend to lower the standard of educa-
tion. Instead of a Catholic university with a sepa-
rate charter, and the power of granting degrees and
conducting examinations, by a board consisting of
the professors of the university, Mr. O'Reilly would
prefer to see in Ireland one great examining uni-
versity, where students of all religions might resort
for the purpose of submitting to an examination
before a mixed board. The grounds of this prefer-
ence are chiefly these : that it would promote emu-
lation between the students of the various educational
ielstruaci
11: e
aa nb
ye xtahme ining
standard of edu-
establishments ; that the tesitulsiigainii
euantiivoeorstibtaynweoouullcdl
bper epsoesrsvieb
lay
esta-
blishment of several rival universities; and, lastly,
that the public prestige attaching to a national
university would be very much greater than that
of a purely and exclusively Catholic university. In
addition to these advantages of an intellectual and
of a social character, the advocates of this scheme,
whose opinions arc entitled to no small considera-
tion, contend that the denominational principle is in
no way infringed, inasmuch as the colleges which
are to be affiliated to the university are to be strictly
denominational. As far as literary pre-eminence and
social prestige go, we readily grant that the advan-
tage would lie on the side of a national university,
but we think literary excellence or social distinction
may be too dearly purchased. The superior advan-
AT
tages of an exclusively Catholic university as op 3
posed to a national examining university are, in graphic Albums, a choltereaovellinc...
travelling-bads, envelope-caste, blot-
principle,our opinion, these : First, that the denominational cas CB, dressing-
oases,
desks, book-slides, work-boxes, tea-
PARKfI3NOSOOA; AND GitOchTT.bo,:xSe.s-TwPrlittointgo:
the Catholic formation of the mind, is
hand-bags and reticules, card-cases. purses, eta-
tests likely to ba secured in a university whose
caddies,
cabinets, scent-bottles, albums for postage stamps,
tests of intellectual excellence are applied by exclu-
cti_oenstesrysm ;
cigar-aces,
card-bast pocket-books, electro-
siv- ely Catholic examiners than in a university whose
;tit and elegantly-mounted articles. Bibles, Prayer-b,),0k255,
course of study is shaped by tests proposed by a PRESENTS
and Church Services, in every type. Parkins and Gott
from,
mixed board. SecOndly, that a greater intellectual ring-books,
the largest stock in London.
completeness is arrived at by the examinations Oxford-street. The public supplied at wholesale prices

fundTh
. oefutuhmbe
e Peruvian
of the
purchased
uvian4l;odrnerscents Cents.
orthiev
ft_hyeeasri nekni ndg.
mg 30th June have been published, showing that £320,800
have boon bought up. This makes the tenth half-yearly
redemption, and making the total amount of said loan
cancelled to date £2,821,250. The original loan was
£5,500,000.
In Italy, Signor Nervo, on behalf of the committee on
the Budget, has presented his report on the financial ex-
penditure for the year 1866-7. The report shows that
the general expenditure for 1867 amounts to 114,000,000
lire, and the revenue to 897,000,000 lire, leaving a deficit
of 217,000,000 lire. Signor Nervo then proposed that a
bill should bo passed to the order of the day for effecting
a reduction of 30,000,000 lire in the Budget for the second
half of 1867. In nearly every department of the Stock
Exchange dulness has been the rule, with an almost
total absence of business.—Westminster Gazette.

being made by the same body which directs the
studies and is in contact with the students. Thirdly,
that a university which educates and confers de-
grees, promotes residence and the college system ;
whereas a mere examining board, like the London
University, encourages mere learning at the expense
of college life and university training. And, lastly,
to refer to the actual circumstances of Ireland that
to convert the existing Catholic University of Dub-
lin; instituted by the Pope, into one among a num-
ber of colleges affiliated to a national university,

governed by a mixed board of Protestants mid
Catholics empowered by Government to conduct
examinations and to confer degrees on all-comers,
would certainly inflict a blow on the upholders of
separate and exclusive education, if not on the
principle of denominational education itself. For
these reasons, even at the expense of some social
distinction, and of some literary excellence, we
should prefer to see a charter and sufficient endow-
ments conferred on the existing Catholic University
in Dublin, for the exclusive benefit of the Catholics
of Ireland, and Trinity College to remain in the
undisturbed possession of Protestants, whilst they
who arO careless of faith and morals, if they are to
be found in sufficient numbers, might still repair
to the godless colleges of the Queen's University.
By such means a university education might be given
to Catholic Ireland in accordance to its religious
principles. By such an act of tardy justice, the
egregious failure of attempting to educate a Catholic
nation on an un-Catholic system might, after
years of wasted energies, at last be made good.
COMMERCIAL INTELLIGENCE.

There is no great change to notice in the Money Market
this week. The'fe is a lull which may soon change into
greater activity. When the small rate of interest paid for
money on deposit is considered, it is not likely that capi-
talists will remain long satisfied with a return for their
money of only II to 2 per cent. As the different limited
liability companies improve their position confidence will
return, and with it prices will improve and regain that
figure which will pay about 5 per cent. But to regain
confidence a clear statement ought to be published, to
show how the capital has been invested, and in what way
it can be restored with profit to the company.
The accounts published by the General Credit and
Discount Company, at the half-yearly meeting held last
week, were so far satisfactory that the chairman explained
that the company had at their disposal two-thirds of the
capital, or one million sterUng, but he was unable to
give a clear statement in what way the other half million
is invested. He explained that of this sum £151,000 had
been lent to the South-Eastern Railway of Portugal. In
the printed report it is said that—" Assuraneces have
been given by the Portugese Ministers to the effect that
their Government will eventually deal with the question
in a spirit of equity which will prove satisfactory to
the railway company and its creditors." So there is
hope that the money will be repaid when the Govern-
ment of Portugal is able to raise the money by loan or
otherwise. He also explained that £160,050 had been lent
to the London, Chatham, and Dover Railway Company,
secured by a charge on surplus land. The printed report
reads thils : " Your directors have been obliged to file a
bill in Chancery against the Railway Company and other
parties through whose instrumentality the transaction
was entered into. Although at present the :answers to
these proceedings have not been put in, your directors
are advised that not only will the chargebe sustained, but
that thOse who obtained this loan from the company will
be held responsible for its repayment." He further ex-
plained that 'the liability for calls upon outstanding invest-
ments was not more than £12,000, but no account was
given of these investments, which figure in the pub-
lished account to the 31st December "at market value
£150,851." The real position of the company will, there-
fore, be only known at the annual meeting which takes
place at the commencement of the year, when it is to be
hoped that outstanding loans and securities will be rea-
lized, and will enable the company to show a clear balance
sheet. In the meantime, the credit of the company is
secure, as they have more than £1,000,000 in hand, which
gives every security to depositors, and increased deposits
are expected, as the Bank allows interest on money on
deposit. The shareholders were glad to read in the re-
port "that the amount of profits actually made, justifies
the directors in making an interim payment on account of
dividend, at the rate of 5 per cent. per annum, for the six
months ending 30th June, and the report and accounts
were received and adopted unanimously.
At the meeting of the London Joint Stock Bank, Mr.
Nicol in the chair, the report showed an available total of
£92,175, and the usual dividend at the rate of 121 per
cent.ter annum, with a bonus of Cs. 3d. per share, mak-
ing together £1 ss. per share, was declared, leaving £2,175
to be carried forward. The liabilities of the Bank on
deposit accounts and acceptances, which are not stated
separately, are £14,733,761. The proposal for issuing
8,000 new shares, so as to increase the paid-up capital of
the Bank from £1,080,000 to £1,200,000 is to be considered
at a general meeting on the 25th inst.
The report of the Consolidated Bank, to be presented
at the meeting on the 24th instant, shows an available
total of £40,346, including a previousbalance of £9,107.
distribution at the rate of 5 per cent. per annum, will
absorb £18,958 ; the sum of £3,000 is to be carried to re-
serve, which will then amount to £95,000. A special ap-
propriation of £lO,OOO is to be made as the nucleus of a
fund to meet any loss that may possibly arise from a
liability of £233,691, incurred by the bank two or three
years ago in connection with the Atlantic and Great
Western Railway, and a balance of £B,lBB will remain to
be carried forward. The paid-up capital of the bank is
£BOO,OOO, and the deposits held are £2,159,710, being
an increase of £571,335.
The bullion deposited at the Bank of England has
reached the sum of £22,686,726, compared with £13,645,975
for the same week last year. The discount remains at 21per cent., but this will be, it is expected, shortly reduced
to 2 per cent. But even at that low rate of interest there
are no signs as yet of a return of confidence.
Although' rain was much wanted in the country, the
violence of the late storms has done some damage to the
growing crops. Where fields have been laid, it will, no
doubt, reduce the quality and the average yield. In
France, in the centre and west, fine weather is much
wanted to get in the corn which is now ready to be car-
ried. In the north a large breadth has been laid, and the
price of corn has gone up in consequence. However, as
farmers this year, on account of high prices, have sown a
larger breadth than usual, with fine weather an average
crop may still be expected. From Vienna we learn that
the harvest has been magnificent in Hungary, and that
considerable orders for grain had arrived from England,
and that the French have been making large purchases
for some time past. Accounts from Australia by the pre-
sent mail indicate that the supply for wheat and flour this
year in all the colonies will be unusually great. Already
in the period between the lat cf January and the 18th of
May, [the exports from Port-Adelaide to England had
amounted to 87,621 qrs. of wheat, and 512 tons of flour,
and larger quantities would be shipped in the event of
any upward movement in prices.
There have been great fluctuations in the price of the
Don Pedro Northdel Rey and Anglo-Brazilian Gold Com-
pany's shares, consistent with the high premiums which
have lately been paid. The monthly report of both mines
has been received, showing that the profits of the Don
Pedro mine, to the Ist of June, amount to £23,729, and an
extraordinary general meeting of the company will be
held ou the 28th day of August next, to authorize the
directors to pay an interim dividend of 3s. 6d. per share,
for the three months ending 30th June last, which will
take about £13,550. The produce cleared, up to the 18th
June, is '4,892 oitavas, which promises a fair profit for that
month, and it is to be hoped that as the works proceed
in the Jacotinga formation another rich bunch will be
discovered. In the Anglo-Brazilian the cost has been
greater than the returns by £6OO. The ores have fallen
off in yield, butl'as they appear good for gold, the captain
is of opinion that the stamping has been too deep in the
"covers," and an experiment, therefore, of stamping less
tdheeepwionr
tkheateothv
carried on with regularity, and the lodes have seldom
looked better. eersdiNffvielrlebent meaedeettofonrethofwtihthe.
nlitionewrhitaeeshtehearti