The Sun.
London, England, 1866-10-25 00:00:00

THE SUN, LO.NDO.N, THURSDAY EVENING, OCTOBER 25, 1866

burning desires, and they are one now in the
fruition of their hopes. There was little noise, much
placid contentment, a clear intention to spend this
one night in quiet satisfaction, whatever may be in
store for the morrow, and not to allow any dis-
turbance to interrupt the smooth current of their
tranquil happiness. This one sight must be satis-
faction enough for the years of danger and dark
plotting anxieties, wherein so many Venetians
have passed their best days, and even for the death
of the friends who have been lost in achieving the
freedom that now is theirs to use as they will.
Then the strange solemn gliding up the Grand
Canal, through ' one glittering and softly yielding
field of light, almost deserted, against which the
Rialto drew a sharp black outline above and cast
dark uncertain shadows below. The soldiers, in
one of the palaces consigned to them as barracks
for the present, were singing a Neapolitan chorus
sweetly, but not with such wild plaintiveness as the
Croats and Hungarians, who have gone home now ;
and suddenly a single strong voice rang out from a
balcony near, with a cry as startling as that from
the minaret at night, calling upon us to make this
prayer, " Viva Roma it Capitale dell' Italia 1"
Emerging from the open mouth of the Grand
Canal our gondola came across a party of singers,
whose music, sweet/by nature and their art, was
rendered doubly so by coming to us over the water,
and further on again, " La Compagnia di Veneziani
Pittori e Gondolieri," larger in number than the
first band of musicians, were pouring forth sounds
of superior richness. " 0 Venezia," sang they in
one sweet refrain,
"Peace has been won by Italia for thee,"

Between one of their bursts of wild, yet soft har-
mony, the Italian bugle note sounded sharp and
clear from San Georgia opposite across the water, to
remind us that Venice will really sleep to-night
under the protection of some of her own sons. The
stranger has been driven out from her streets by
perseverance and enlisting on her side the combined
opinion of Europe ; her citizens would endure no
ruffianly shouting to-night to interrupt the music
which they wished to enjoy, they have nothing more
to fear, and surely they have power enough to
protect the persons of the few Austrian officers
from insult, and not again call upon a gentleman
and a soldier, as they did to-day, to leave his sword
at home lest his life should be in danger.

the Admiralty :—Lieut. W. M. Latham to the Cam-
bridge ; Henry Bond, master, additional, to the
Fisgard, for the Semis ; A. F. Boxer, master, ad-
ditional, to the Fisgard, for the Crocodile ; George
D. Perry, master, additional, to the Asia, for the
Jumna ; Edwin John T. Behenna, second master,
to the Lord Clyde ; Henry F. Saunders, engineer,
to the Indus, additional, for service in the Euphrates;
John Dinwoodie, first-class assist.-engineer, to the
Excellent, for service in the Royal Sovereign ; and
Edwin Theakston, assist.-paymaster in charge, to
the Vindictive.

ceiving the royal assent. Of this £200,000 I never received
a single shilling. It all passed from the solicitors of the
financial company to the solicitors of the London, Chatham,
and Dover Company, and was applied by them for the pur-
chase of land for the Metropolitan city lines. At the time
I borrowed the £200,000, there is a board minute of the
company to show that I called their attention to my having
borrowed this money and having given securities for it,
and also to my having previously borrowed £500,000, and
having given security for that and on the surplus land of
the company. The whole of the money was applied to the
purchase of land. On these city lines, between the Black-
friars-bridge and the Metropolitan extensions, the purchase
of lands came to more than £1,000,000 sterling; while the
works of my firm, irrespective of the Ludgate station, came
to only £130,000. I stated to the directors that £16,000
was all the profit I could expect, and that it was quite in-
adequate to the responsibility I had undertaken ; and the
board passed a resolution that I had undertaken this re-
sponsibility for them, and that they thought I was entitled
to a commission for it. I want you to bear in mind that I
had always treated this loan as my loan ; and the board
did it also, and agreed to pay me interest for it. Now,
what was done ? These documents—l cannot call them
debentures--that were lodged with the financial com-
pany with my securities were not put on the company's
register, were not filled up with any names, and were not
entered into the company's accounts, and did not appear
in the accounts as published to the proprietors. Thew is
no doubt that the solicitors of the Company and every-
body else knew all about these documents, which were
lodged with the financial company, and were informed by
the solicitor to the company that the other debentures were
the legal debentures; and the information which Mr. May-
nard gave to the Investigation Committee is now unchal-
lenged. The committee paraded in their report a certain
amount of money received by my firm, £128,000 between
certain dates, but they omitted to state that between those
dates I had paid for the company £200,000 in hard sove-
reigns. Moreover, I met for the company during these
dates £150,000 of acceptances which I had given for them,
and which they ought to have met themselves, and could
not meet. And the financial company had a quarter of a
million surplus of my property in their hands, and these
loans were not due, and it was.perfectly optional whetherl
paid them. There was no occasion to mention this matter
at all, and, as Mr. Newman said, these documents were
simply placed for my sake to show the indebtedness of the
railway company to my firm, and that I was at liberty to
pay the financial company when I pleased, and it was not
for the London, Chatham, and Dover Company, or any-
one else, to charge me with the over issue, when there
could be none, when the documents placed in the hands of
the public were the only legal documents, and nobody
could have considered the others were legal. The com-
mittee stated in their report that a sum of money was due
from my firm to them, instead of their being indebted to
me, but they do not give any account to show how that is.
It is simply an entry, and shows nothing. I sent them and
the board an approximate statement, and that gives them
credit for £128,000, while estimating the securities at a
certain value they owed my firm £384,000. I told them,
moreover, I did not desire any sharp practice ; I did not
desire any law. If there was any question on the amount,
or respecting any transaction of my firm, I was perfectly
prepared to leave that or any other question to the appre-
ciation of third parties, they being men of high and hon-
ourable standing. (Cheers.) The hon. baronet declined
asking for any vote of confidence, as he said the proceed-
ings could not be allowed to pass over without an inquiry
elsewhere, but an unanimous vote of thanks was accorded
to him for his explanation.
Cotton Supply Association.

At the usual meeting of the Executive Committee,
held on Tuesday, Oct. 23, a letter was read from
Patras reporting that the gathering of the new cotton
crop in Lavadia had commenced, and that should
the weather continue favourable it was expected that
the yield in that district would be about 1,000 tons
of clean cotton. Some few parcels for delivery have
been bought at 101 id. per lb. free onboard at Patras.
The quality promises to be fine. The old stocks in
the same district amount to from 40 to 50 tons. A
letter was received from Sao Paulo, stating that the
hopes entertained with respect to some Sea Island
seed which had been sown have been disappointed.
The plants, after showing immense vigour up to
flowering time, had suddenly fallen off when they
should have made and developed the promised bolls,
which failed to ripen. In what is called the " north
of the province," however, that is the north section
of the shore, better results were anticipated, the
ground being nearer the sea. One grower had 480
acres planted with Sea Island seed, from which 4001 b.
of clean cotton per acre were expected. The last
season was a bad one on account of the weather,
and from other causes ; but the planters are in no
degree discouraged, but are sowing more this year
than ever. Consular reports on the cultivation of
cotton, forwarded by tile Foreign-office, were re-
ceived from Salonica, Swatow, Bangkok, and San-
tos. Her Majesty's Consul at Salonica reports that
the cotton crop in Macedonia is being rapidly ga-
thered, and that some bales have already been
brought to market. The quality is represented to
be much superior this year, and the crop w ill yield
a large increase, estimated by some at one-third,
and by others at fully one-half more than last year.
The sudden appearance of immense swarms of rats
iu several districts and in Thessaly has occasioned
some injury, and the havoc committed by these
vermin on the grain crops of the last-named pro-
vince has reduced the rural population to
great poverty. The Acting British Consul at
Swatow states that cotton is not grown in the
consular district. Her Majesty's Consul at Bang-
kok, in Siam, reports that at least 2,500 acres were
planted in 1863 anti 1864, and 3,000 acres in 1865
for the crop of 1866. Some damage was occasioned
by a heavy fall of rain while the cotton was in pod,
and the out-turn was expected to be between 17,000
and 18,000 piculs. More than 500 acres of waste
land were last cleared for cotton planting, and there
is a large extent which might be made available. Her
Majesty's Consul at Santos, in forwarding a report
upon the cotton crop in the province of Sao Paulo,
while promising additional information, enters into
full details of the progress already made. There is
every reason to expect that the growth of cotton
will be greatly extended. Sao Paulo, with its line
of railway now open, is admirably situated as a
grand central depot. It only wants agents to be
established there by foreign houses, and authorised
to issue small advances upon real securities. The old
mule traffic between the interior and the coast is
doomed, and the animals taken off the main line will
be put upon the branch roads, where there will be
no railways for some years to come. At Sao Paulo,
close to Santos and to the producing districts, the
cargoes will be discharged from mules to waggons,
and thus cotton can be readily, safely, and econo-
mically transferred to the port for embarcation. The
climate of 59.0 Paulo is excellent for delicate plants,
and especially for cotton. Frost is rare except in the
upland hollows, and there is a long, cool, and rain-
less season from May to October. Hence it is said
that cotton can be grown here at less cost than in
the United States, where frequently one-third, and
sometimes one-half, is lost from summer rains and
October frosts. Every kind of soil is found, from
the pure clay to the deep soft mould of the Terra
Roxa (the red volcanic ground), under the genial
suns even the sandy soils, apparently use-
less, produce magnificent pods, and the
plant seems to prefer the " tired lands," which
only want the plough and the incorporation
of foreign substances to recover all their fertilit3.
The ordinary medium staple cotton bears in five
months and a half after planting, the Sea Island in
seven months. The plant is not an annual, but lasts
three and even four years. The first and fourth
give poor growths, the best are the second and third.
In 1862 Sao Paulo made her first modest appear-
ance in the English market, and there is every rea-
son to expect year by year considerably increased
supplies from the same quarter. The exports from
the port of Santos, which last year were 7,107 arro-
bas, will amount this year to 193,026 arrobas.

EMBEZZLEMENT BY A COLLIERY MANAGER AT
BARNSLEY.—On Monday, at the Barnsley Police-court,
John Clarkson Sutcliffe, late manager of the North Gaw-
ber Colliery, near Barnsley, was brought up on remand,
charged with embezzling certain money belonging to his
employer, Messrs. Richard Thorpe and Co. The defalca-
tions amount to between £6,000 and £7,000. The prisoner
was remanded to Monday nest, the bail being fixed at
£lO,OOO.

[ADVERTISEMENT.I —Holloway's Ointment and Pills.—
Diarrhoea, Bowel Complaints.—The wet weather, defec-
tive drainage, and noxious vapours are now producing an
unusual amount of sickness, which should have early at-
tention. In all complaints affecting the stomach, liver, or
bowels, flollciway's ointment has a most salutary effect
when diligently rubbed upon the abdomen. It penetrates
to the seat of the evil, and soon removes the indigestion
and flatulency which warn us of approaching disease. It
is safer in urgent cases to take the pills while using the
ointment, as both used together act more energetically. A
few days of this treatment will stop every case of bowel
complaint in its early stages or acute form, and spare the
sufferer a long and tedious convalescence.