The Sun.
London, England, 1867-05-14 00:00:00

HER MAJESTY, &c.

OSBORNE, May 13.
The Queen and Princess Beatrice rode on pouie
in the grounds this morning.
Princess Louise walked out, attended by the
Hon. Flora Macdonald ; and Prince Leopold walked
out, attended by Mr. Legg.
The Right Hon. Spencer Walpole left Osborne
to-day for London.

The Chancellor of the Exchequer has issued
cards of invitation to a State dinner on the 25th inst. to
celebrate her Majesty's birthday.
The Baroness do Samuel has arrived at the Oat-
lauds Park Hotel, Walton-ou-Thames.

Lady Molesworth received at dinner last evening
tho Earl and Countess of Chsrlomont, Viscount and
Viscountess Torrington, the Hon. Mrs. Stoner, Mr. and
Mrs. Pendor, Lady Tierney, Mr. Millais, R.A., and Mrs.
Millais, Mr. and Mrs. Higgins, Mr. Augustus Lumley, Mr.
Frederick Antrobus, and Mr. John Lumley.

Lady Eleanor Balfour has arrived at Claridge's
:otel from Paris.

Lady Georgina Bertie has left Brown's Hotel
for Ald bury.

Sir Henry and Lady Fletcher have left Furance's
Hotel for Paris.

The Master of Lovat and Mrs. Fraser have left
Brown's Hotel for Ince Nindell Hall.

TO THE EDITOR OF THE SUN.

SIII,—SO I have not only been a correct spoth-
sayer, but more has come to pass than I had ever
dared to hope or anticipate. The Government have
not only brought in but have carried their Reform
Bill through the Lower House, and have thus so far
saved us from the expense and trouble of a general
election two short years after our last election. If
they have done nothing more than this I am sure
the country is greatly indebted to them. In 1859
our present most reckless and disgraceful Opposi-
tion (for I can call them nothing more) drove Lord
Derby in self-defence to appeal to the country, and
we were put to all the expense, trouble, and worry
of a general election only two years after we had
had a former one, as there was one in the early
spring of the year 1857, albeit Lord Derby
was so shamefully bullied and defeated by
Lords Palmerston and Russell, and also by Mr.
Gladstone with his bill of 1859, that it never saw
the light. It can now fairly be said that no Reform
Bill ever prospers or passes either House of Parlia-
ment unless our present illustrious chief happens to
be a member of the Cabinet. For half a generation
have reform bills been brought into the House of
Commons, but nevertheless this is the first of the
series that has arrived at maturity. The year
1867 will be the most remarkable as regards
Parliamentary Reform since the ever memor-
able year 1832, thirty-five years ago. Then
as now was Lord Derby an efficient and
eminent member of the Cabinet. Then as now did
he triumph over a disgraceful (for I am no admirer
of the great Duke of Wellington and the late Sir
R. Peel of those days, although I admire them so
very much at other periods of their lives ; as I have
often told you I belong to no party, political or
religious, but am for measures and not for men,
per se) Opposition. The present is all to nothing
the greatest triumph that the Conservative party
has gained since the ever-memorable election of
1841—a quarter of a century ago—which brought
to pass the five years' glorious Ad&inistration of

the late Sir R. Peel ; and, as I have repeatedly
remarked to you in the course of my correspondence
this last winter, this 1841 election sent the Whigs
for five long years to the bleak and dreary regions
of the Opposition, during which said time our re-
venue, which had become all but insolvent in 1811,
was quite replenished, resuscitated, and wholly re-
stored to vigour, health, and happiness in 1816.
The great principle of free trade found its way into
the English law, which, only so recently as 1839
and 1840, the late Lord Melbourne and Lord John
Russell declared a man would be mad, and worse
than mad, if he ever thought of enacting. Our com-
mercial tariff was placed upon a new and improved
system, and it has continued to improve steadily
ever since ; and now I trust the Whigs are again
banished for another five, if not fifty, years to the
cold shades of the Opposition ; and, if•even we
should not have as many good reforms as we did
have between the years 1841 and 1846, we shall
at least have a little honesty and fair dealing, and
this we have long, long been perfect strangers to.
It will be, I trust, as that able correspondent
" Zeta" (who was in the habit in days of yore of
writing to the Morning Post, then called " Old
Betty") said when the Government of the late Lord
Melbourne resigned, which they did for a few days
28 years ago, in the spring of 1839, " Good night
to the Whigs." Until last summer, with very
slight intermission, they had held the reins
of office for 20 years. It is therefore fair surely
that the Conservatives or Tories should have some
considerable taste of the sweets of office. I have
repeatedly pointed out to you (with exception of
the Reforms passed during the Administration of
the late Earl Grey) more useful reforms have found
their way to the statute book than have ever got
there under Whig or Liberal rule or misrule. I aria

glad to find therefore that the country has taken
my advice, and is at length disposed to give a Tory
Government a fair and proper trial, for I am quite
certain we have had enough, and more than enough,
for many years past of the Whigs. The only reason
the Whigs enjoyed their recent seven years' lease of
office was that party spirit and party feeling has
been for so very long a time at such a remarkably
low ebb that it was not thought worth while to turn
them out. The seven years, from 1859 to 1865,
can only be regarded as seven years of downright
waste and idleness ; as what single good or useful
measure did the Government of the late Lord Pal-
merston ever carry, or even attempt to carry, during
the six and a half years of its moribund existence?
As regards the eight months' Administration of
Lord Russell, it can only be regarded as a stopgaP
and expletive ; the Whig Government, which had
long been in a state of inanition and atrophy, re-
quired this little drop of gin and brandy just to south
its dying hours. And this little brandy or gin,
which alone kept it alive, did Lord• Russell prove to
the dying embers of the Whigs. There is an old
proverb which says, "Dead men's things wear 011°
like themselves ;" and so it proved with the remaies
of the Administration of the late Lord •Palmerstoot
which, less than nine months after his decease, ga'ire
up his ghost. Again allow me to congratulate yoli,
and all well-wishers to the country, on the late
Government majority. I shall anxiously watch the
progress of the Reform Bill through the House of
Lords, and I trust no factious opposition will pre;
vent its forming part and parcel of the law of
land before Ministers shall have one year in office'
—I remain, Sir, your obedient servant,
A LOVER AND OBSERVER OF HISTORICAL
DATES AND FACTS.

PRESENTATION TO HARRY KELLEY.—Juit beM:
Harry Kelley, the champion oarsman, left Newcastle I'd)
the two o'clock train on Friday morning, he was
to meet a number of gentlemen at Mr. Baird's, Star I:l°`eli
Northumberland-street, Newcastle. Mr. E. D. Gault oe-
(mined the chair, the dillies of vice-chairman being "11,5);
charged by George Drowitt. Mr. Baird, in the cow.° ,te
the evening, presented Harry with a beautiful gold celll
seconds stop watch, in estimation of his upright 003'1'1;
The worthy host of the Star also presented the vice-cluL"trs
man and J. Bright each with a gold ring. The re-iPieu.o
severally returned thanks. The champion, in the c° 7a
of a few pithy remarks, said he had been highly fiat4'ertie
by the reception ho had received from the NeWc'l-0 t
people. He assured those in attendance that the Pres-0
he had just received was ono of the oTeatest rewards -0
had ever got during his boating career, inasmuch as it W.-,
presented by one of his best friends. When the trsa':
with Harry in it, left the central station, there was cc)r
siderable cheering. We understand that some °f
Newcastle friends have been greatly annoyed 1.1 a stL.'.les,
ment which has appeared in some of our eontemporai
to tile. effect that several brickbats and stones were throlo
at Kelley during his late race with Chambers. 117*`).c'd
'
only say that we never witnessed anything of the
i°
and we have the authority both of Mr. Bush and
culel
fo: stating that the latter experienced the most tillif°l,
courtesy and kindness throughout the whole of his ot'''
among the Tynesiders.

_ 7
1.1 MARKET

A ND

COMMERCIAL INTELL G

TWELVE O'CLOCK.
The Discount Market to-day is very quiet, and
the rates show no alteration.
The following gold ships are now on their voyage
from Afelbourne to England : —The Kent, with
39,526 ozs. ; the Holtnesdale, 16,421 ozs. ; the Yoko-
hama, 24,616 ozs. ; and the Superb, 40,000 ozs. ;
.t.ne whole representing £569,264. The Damascus,
Sattara, and the Orwell have also sailed from
Sydney with a total of 6,617 ozs., or 226,468.
There were no gold operations at the Bank of
tegland yesterday afternoon.
lit During the last few days there has been very
animation exhibited in the Foreign and Colo-
11'4 Produce Markets. Sugar, however, has in most
ti.lataneeS maintained previous rates. Coffee con-
ullies at steady prices, while only a limited business
hasrr been transacted in rice, at barely previous rates.
Tallow has been neglected, and quotations for pre-
dtit and future delivery show a downward ten-
ency.
Atlantic and Great Western Railway debentures
regain steady at 32 34, and the Consolidated Mort-
gage Bonds at 21 22.
n The reports from Cornwall and Devon are most
miltaveurable to the mining interest. The miners,
vr.waYs badly remunerated class, are now utterly
aliltheut wages, and are thrown upon their parishes
over the county of Cornwall and in that portion
Devon
ofed ruth where they used to be employed. In the
and Camburn districts the greatest amount
suffering is to be found, as those are the regions
fAWhere mines are more thickly clustered. Within a
arr Months, 50 mines have stopped working. There
1 100 mines now being wound up in the two
great mining counties. The low prices of tin and
copperst are generally considered the causes of this
that° of things, but the most formidable cause i 3
at
the mines in that part of England have be-
'eine too deep in the working to be economically
ar renluneratingly conducted. In 1848 the prices
o
tho tin and copper were lower than now, yet
Z-e Was no such sweeping distress in the
V-1* Mines and miners were then much fewer,
ah
IC prices soon rose as the panic subsided. Of late
aanY exhausted mines (exhausted for practical and
b•l
Ling purposes) were worked, or attempted to be
worked, companies having been got up for that pur-
15CA°. Ore of course was obtained, but at an ex-
which ruined the companies. Our mining
adventurers must be in quest of discoveries nearer
the surface, or in testing lodes which have not been
proved in well-ascertained metalliferous districts.
.• The directors of the Port Phillip and Colonial
Mining Old Company have received the following
advices from their resident director, Mr. Bland,
;44ted Clones, 26th March, 1867:—Four weeks'
.1e4t11:118 for February—Quantity of quartz crushed,
'°7 tons ; gold obtained, 1,252 ounces ; yield per
tan'payments
5 dwts. grs. ; receipts, £4,858 13s. Bd. ;
-01i:tient; £5,355 ss. 9d. ; excess of expenditure
jer receipts, £491 12s. ld. Mr. Bland writes
ciereon as follows :—" The above account shows a
Cfieiency of near £5OO as the result of the month's
jr but the board will observe that the excess of
expenditure over receipts is caused by the large
outlay for firewood for the year's supply,
and the remittances to England for stores that
(lave
(l not yet arrived. These two items de-
ducted would leave a profit of about £7OO for tde-
ducted°latb. This is always a difficult time of year in
respect to finances, on account of laying in the
Winter stock of firewood and mine timber, and this
bythe difficulty has unfortunately been increased
Y a diminution in the yield of the quartz. The
return for four weeks in March is as follows :
Quartz crushed, 4,235 tons; gold obtained 1,697
uzs
• I yield per ton, 8 dwt. The current month
Will include, as usual in March, six weeks'
return. This is a considerable improvement
~.Ever late returns, and I am in great hopes we may
'e able to keep it up. Should the current fortnight
yield as well as the average of the last four weeks,
it will place us in a very good financial position
:in. Our heaviest expenses will terminate this
Reduction
; all the winter's stock of firewood at the
'eduction Works has been delivered, and will be
pall for before the end of the month, and Ido not
anticipate any unusual expense at the mine."
e The directors of the English and Australian Copper
mpany (Limited) have received advices from their
-nager, dated Port Adelaide, March 29. The
quantity of coal at Kooringa was 1,697 tons, at
4Plinda 681 tons, and at Port Adelaide 2,146 tons.
At
the Boura Works coal continued to be stocked
for
1,0,- the winter. At the port all the furnaces were at
114, with the exception of one refining, which was
"out for repairs.

Two O'CLOCK.
13r
ritiBh Government Securities remain in a very
°g position, although less buoyant than they
aNire a few days ago. This no doubt arises from
573. es in realisation of property. Consols are now
_
thi eum div. for money, and div. for
I ex
e account.
89'1; lie New Threes and Reduced Annuities are
Ile 54, and 898 90 respectively ; Exchequer
225. to 265. prem. ; Bank of England
I.;eick, 253 ; India Stock, 218 ; ditto 5 per Cents,
ditto Enfaced 5 per Cents, 1021 ; and ditto
°I,11(18) 525. prem.
or
value .eieu. Stocks to-day show an improvement in-
ilya la most instances. Spanish Passive have ad
, to 21k 8; Certificates, if, to 138 148 ;
to 5 per Cents. 8, to 301 8 ; Russian Scrip,
and
cunea
,1 dis. to par ; Chilian Scrip, to 3} dis. ;
,uanubian Scrip 1, to 4 3 dis. ; but Greek have
can ttol3 12 ; and Italian 1, to 52 Ifni-
:: remain at 16k g.
Siltlereased depression has prevailed in the Railway
are Market. Midland have declined 2 ; Great
polrifthern A. Stock, 2 ; Great Northern and Metro-
kn,'"ah, each 1 ; Great Western and North Western,
Lancashire and Yorkshire, each ; and South
'''aatern,
li In
the Foreign and Colonial lines there has been
are (3, change of importance. Great Luxembourg
uealt in et ; South Austrian and Lombardo-
auctile„tian, at 15. i. ; Bombay and Baroda, at 102/ ;
13 klreat Indian Peninsula, at 108/ 109.
aod"Lk shares continue in very limited demand,
and airvy no great alteration in values. London
litlin:°44tY New Shares have declined to 22; ;
to 1-27 ef London to 39 ; City Bank have improved
Mit ; and Union of Australia receded to 461.
quietacQblialleous and Finance shares remain very
Atlantic tit Prices generally are well supported.
50 92 ; ',Telegraph 8 per Cents. have improved to
ain,d rrei‘jebrreanithi2oncier of England to 2 5-16ths
'( r Construction and Maintenance to
4 .
'VerY little b
"eellritieD United
has taken place in American
4t 72, United States 5-20 Bonds are lower,
and Erie Shares and Illinois continue at 42 f
respectively.