The Sun.
London, England, 1866-06-07 00:00:00

PARLIAMEN TARP

HOUSE OF COMMONS—JUNE 6.
REAL ESTATE INTESTACY BILL.
Order for second reading read ; motion made, and question
proposed, " That the bill be now read a second time :"
—amendment proposed, to leave out the word "now,"
and at the end of the question to add the words "upon
this day six months." Question put, "'That the word
now' stand part of the question." The house divided ;
Ayes 84, Noes 281.

AYES —B4.
Allen, W. S Forster, C. Mitchell, T. A.
Amberlcy, Via. Forster, W. E. Moffatt, G.
Armstrong, L. Fort, R. Morris, W.
Bagwell, J. Fortes:me, D. F. Morrison, W.
Baines, K Gilpin, C. Neate, C.
Barnes, T. Glyn, G. C. Oliphant, L.
Barry, C. R. Goldsmid, Sir F. °may. A.
Baxter, W. E. Gower, F. L. . Padmore, It.
Bazley, T. Grenfell, 11. R. Phillips, it. N.
Bouverie, E. P. Gridley, H. Pim. J.
Bright, J. Hadfield, G. Platt, J.
Butler, C. S. Hamilton, E. W. T. Potter, E.
Buxton, C. Hardcastle, J. A. Potter, T. B.
Buxton, Sir T. F. Harris, JD. liobartes, T. J. A.
Candlish, J. Henderson, J. Russell, H.
Chambers, T. Ilibbert,d. T. Salomons,Aiderman
Cheetham, J. H Men, I. . Seely, C.
Corbally, M. E. Howard, C. W. G. Staniland, M.
Craufurd, E. H. J. Kearsley, Captain Stone, W.
Crossley, Sir F. Kinglake, Serj. J. Sykes, Col.
Dilke, Sir W. Kinnaird, A. F. Taylor, P. A.
Dillon, J. B. Lewis, H. Torrens, W. M'C.
Dillwyp, L. L. Locke, J. Treveiysn, G.
Duff, M. E. Lusk, A. Watkin, E. W.
Eliot, Lord Mackinnon (Rye) White, J;
Ewart, W. M‘Laren, D. Whitworth, B.
Ewing, H. E. C. Marshall, W. TELLERS.
Fawcett, H. Mill, J. S. King, P. J. L.
Fordyce, W. Mills, J. R. James, E.

NOES-281.
Adair, H. E. Galway, Viscount Newdegate, C.
Adam, W. P. Gaskell, J. M. Nicol, J. D.
Adderley, C. B. Gavin, Major Noel, G. J.
Agnew, Sir A. George, J. Northcote, Sir S. H.
Akroyd, E. Gladstone, W. E. Norwood, C.
Annesley, Col. H. Goddard, A. L. 0 Loghlen, Sir C
Anatruther, Sir R. Goidney, G. O'Neill, E.
Antrobus, E. Goldamid, J. Pakington, Sir J.
Arkaright, R. Gore, J. R. 0. Palk, Sir L.
Bagge, W. Gore, W. R. 0. Palmer, Sir R.
Bagnall, C. Graves, S. It. Parker, Major W.
Bailey, sir J. Greenall, G. Patten, Colonel W.
Baillig, H. J. Greville, A. W. F. Pease, J.
Barel.,y, A. C. Gray, Lt-Col. Peel, Gen.
Barnett, H. Grey, Sir G. Peel, A. W.
Barrow, W. H. Grey, T . Pennant, Col.
Bar ttelot, Col. Griffith, C. D. Percy, Ettrl
Liateson, Sir T. Grosvenor, Earl Phillips, G. L.
Beach, Sir:,3l. Grosvenor, Lord R. Portman, W. H. B.
Beach, W. Guinness, B. L. Powell, F. S.
Beaumont, W. B. Gurney It. Pryse, E. L.
Beecroft, G. S. Hamilton, Lord C. Pritchard, J.
Bentinck, G. C. Hanbury, R. Rawlinson, Sir 11.
Bcnyon, It. Hankey, T. Read, C. S.
Beresford, D. Hardy, G. Rebow, J. G.
Biddulph, Col. Hardy, J. Repton, G. W. J.
Bingham, Lord Hartley, J. Ridley, Sir M. W.
Bowyer, Sir G. Hervel, Lord A. Royston, Viset,
Brand, H. Bay, Lord J Russell, Sir W.
Brecknock, Earl of Hay, Sir J , St. Aubyn, J.
Bromley, W. D. Hayter, Capt. A..D. Samuda, J.
Brooks, R. Ileathcote, Sir W. Schreiber, C.
Browne, Lord J. T. Henea4e, B Sclater-Booth, G.
Bruce, Lord C. Henley, J. W. Scott, Lord H.
Bruen, 11. Henniker, Lord Selwin, IL J.
Buckley, E. Herbert, P. E. Selwyn, C, .f.
Bulkeley, Sir R. Hogg, I.t-Col. Severne, J. E.
Burghley, Lord Holland, E. Seymour, G. IL
Burrell, Sir I'. Hood, sir A, Sheridan, It. B.
Calcrait, J llornby, W. 11. Sile.iir. A.
Calthorpe, F. IL Horsman, B. Smollett, P. B.
Capper, C. Howes, E. Somerset, Col. E.
Cartwright, Col. Iluddlestone, J. Speirs, A.
Cave, S. Jardine, It. Stacpoole,
,Capt.
Cavendish, Lord E. Jervoise, Sir J. Stanhope, J. B.
Cavendish Lord G. Jolliffe, Sir W. Stanley, Lord
Clinton, Lord E. P. Jolliffe, 11.., Steel, J.
Clive, Capt. G. W. Jones, D. Stronge, Sir J. M.
Cobbold, J. C. Kekewich, S. T. Stuart, Col. C.
Cochrane, A. D. B. Kendall. N. Stuart, Lt.-Col. W.
Cole, Hon. IL Kennard, It. W. Stanley, Sir U. S.
Cole, Hon. J. L. King, J. K. Sturt, H. G.
Colebrooke, Sir T.E. Kin., J. G. , Sturt, Lt.-Col. N.
Colvile, U. It. Kuatelibull-Hugess Surtees, F.
Conoily, T. Knight, P. Surtees. IL E.
Courtenay, Lord Knightley, sir It. SyLes, C.
Cooper, E. 11. Knox, Major W. S. Taylor, Colonel
Cox, W. Lacon, Sir E. Tho.o d, J. 11.
Crosland, Col. Laird, J. Thynne, Lord H.
Cubitt, G. Lases les, E. W. Tracy, C. It. D.
Cust, -Hon C. H. Leader, N. P. Treeliy, J. W.
Dalkeith, Earl of Leatham, W. Trevor, Lord A.
Davie, Sir H. lt, F. Lee in:re, sir E. Trollope, Sir J.
Dawson, Captain Legh, Major C. Turner, C.
Dickson, Major Lefroy, A. 'Tyrone, Earl of
Disraeli, B. Lennox, Lord 11. G. Vandeleur, CA.
Dodson, J. U, Leslie, C. P. Verner E.
Dowdeswell, W. E. Liddell, li. G. Verner, Sir W.
Duncombe, A. Lindsay, Col. C. Vivian, J.
Dundas, F. Lopes, Sir M. Walcott, Admiral
Dunne, Gen. Lowther, H. Walaegrave-Leslie
Du Pre, C. G. Lowther, Captain Walker, Major U.
Dutton, R. 11. Mackie, J. Walrond, J. W.
Dyke, W. H. Mackinnon, Lyra.) Walsh, A.
Dyott, Colonel AP.Lagan, I'. Walsh, Sir J.
Earle, R. A. Mainwaring, T. Warner, E.
Eaton, H. W. Manners, Lord Waterhouse, S.
Edwards, Col. Manners, Lord G. Welby, W. E.
Egerton, A. F. Marjoribanks, D. C. Western, Sir T.
Egerton, E. C. Martin, C. W. Whalley, G. IL
Elcho, Lord Merry, J. Whiteside, J.
Ellice, E. Miller, S. B. Whitmore, FL
Enfield, Viscount Miller, T. J. Wickham, H. W.
Evans, T. W. Milton, Viscount Williams, F. 51.
Eykyn, R. Mitlord, W. T. Winnington, Sir T.
Bane Col. Moncreitf, J. Wise, H. C.
Feilden, J. Ilionk, C. Woorld, B. T.
Fellowes, E. Monsell, W. Wyndham, I'.
Fer,gusson. Sir J. More, R. J. Wynn, C. W. W.
Finlay, A. S. .siorttunt, Sir C. Wynne, W. W. N.
Fitzwilliam, C. W. Morgan, 0. Wyvill, IL
Foljambe, F. J. S. Morris, M.
Forde, Col. Mowbray, J. R. TELLERS.
Forester, Gen. Naas, Lord Hope, liere.ford
Fester, W. 0. Near., sir J. hunt, U. W.

Stoppage of Agra and Masterman's Bank.

The apprehended banking failure which has been
hanging over the money market for the past few
weeks was unhappily announced last evening.
The Agra and Masterman's Bank is closed. The
attacks upon the establishment, perseveringly con-
tinued in all possible forms, but which failed to
create a run on this side sufficient to break it down,
have, it appears, produced a degree of alarm in
India against which the branches in that country
are unable to stand. The following circular has,
therefore, been issued to the shareholders :
The Agra and Masterman's Bank (Limited),
Nicholas-lane, Lombard-street, June 6.
Sir,—l am instructed by the directors to inform you,
with deep regret, that they are compelled to suspend pay-
ment. The false reports of the bank's failure recently cir-
culated throughout Europe having extended to India, and
the managers of the Calcutta and Bombay branches having
in consequence telegraphed for assistance, which the direc-
tors in the present commercial crisis are unable to afford
without too great a sacrifice of securities, they deem it most
to the interest of the creditors and shareholders to suspend
further payments, and to place the affairs of the bank in
legal liquidation at once. The directors have no doubt
that the creditors will be paid in full, and that with judi-
cious management in the realization of the assets the loss
of paid up capital, will be inconsiderable.-1 am, Sze.,
M. BALroun, General Manager.
The amount of outstandingliabilities at this moment
is not known, but the total must have been much
reduced within the last month. In the balance-
sheet issued in March they reached £15,582,000, of
which £6,816,489 consisted of balances, fixed de-
posits, and note circulation ; £2,217,350 of accept-
ance of bills drawn by branches ; £1,379,653 of
acceptances under guarantees ; and £5,168,508 of
acceptances on exchange accounts, &c. The nomi-
nal capital is £3,000,000, in shares of £5O, of which
one half is paid up, and there is a reserve fund of
£500,000. The company was formed in April,
1864, by an amalgamation of the Agra and United
Service Bank, which dated from 1833, and the bank
of Messrs. Masterman, Peters, Mildred, & Co.,which
had held a high position in London for more than
a century. it has branches at Calcutta, Bombay,
Madras, Kurrachee, Agra, Lahore, Shanghai, Hong-
kong, Sydney, and Melbourne, and the effect of the
disaster is likely, therefore, to be more widely
spread than that of almost any other banking failure
that could have occurred. Supposing the belief of
the directors to be well-founded, that in the wind-
ing-up the ultimate loss of capital will be inconsi-
derable, it seems lamentable that no aid could be
afforded to avert the calamity, since it may be
questioned if there is any institution that has so
large a body of .old and faithful customers, or
whose breakdown could inflict so much misery
on English public servants and private families in
all parts of the world. To the general public
who witness the distress occasioned by each bank
failure—not so much from actual and irremediable
loss as from the protracted anxieties that succeed
the handing over of each establishment to the delays
and uncertainties of the winding-up Court, and the
scramble between accountants, solicitors, and liqui-
dators,—the total absence of any power to deal
otherwise with such emergencies, and to prevent a
sudden stranding from becoming a hopeless wreck,
seems a heavy reproach to the reputation of the
country. A combination of capitalists might at once
by advancing a safe percentage to depositors, not
only in such cases secure a business built up by the
labour of a generation, but might also assume a
position to work out the liquidation of the old
accounts with a speed and efficiency that would save
hundreds from ruin. But although all deplore that
nothing of the sort is done, none seem to have the
courage to come forward with a plan at the critical
moment. In a few days the opportunity passes, and
then there is nothing left but to let the estate drift
under the management of those whose spirit is
broken by failure, and who can do nothing except as
machines to execute legal formalities conducted in
tedious routine by indifferent and overworked offi-
cials.

On the Ist of January, 1865, the Agra and Mas-
terman shares (£25 paid) were at 86 premium. On
the Ist of January this year they had declined to
33 pm., yesterday they touched 15 discount, and
last evening they closed at 8f discount. At the
meeting in March the distribution was at the rate of
16 per cent. per annum. The number of share-
holders is about 900.

_ •
-;
c cf.
0311 titular

HER MAJESTY.

WINDSOR CASTLE, Wednesday.
The Queen, accompanied by her Royal High-
ness Princess Helena, left Windsor Castle for
London at half-past 12 o'clock, attended by the
Dowager Duchess of Athole, the Hon. Flora 'Mac-
donald, and Lord Charles Fitzroy.
Her Majesty travelled by special train to Pad-
dington, and proceeded thence, escorted by a de-
tachment of the 14th Hussars, to Buckingham
Palace.

Her Royal Highness Princess Helena was received
at the Paddington Station by Lady Caroline Bar-
rington and Lieut.-General Hon. C. Grey, and,
attended by them, visited the Botanic Gardens,
Regent's Park, and afterwards proceeded to Buck-
ingham Palace.

Their Royal Highnesses the Prince and Princess
de Joinville, Princess Augustus of Saxe Coburg,
and her Imperial Highness the Princess of Saxe
Coburg (Princess of Brazil), visited the Queen in
the afternoon at Buckingham Palace.
Her Royal Highness the Dowager Grand
Duchess of Mecklenburg-Strelitz and the Duchess
Caroline of Mecklenburg-Strelitz also visited her
Majesty.
The Peruvian Minister had an audience of her
Majesty to present his credentials, to which he was
introduced by the Earl of Clarendon, K.G., her
Majesty's Secretary of State for Foreign Affairs,
and conducted by General the Hon. Sir Edward
Cust, K.C.H., her.. Maj esty's Master of the Cere-
monies.

Sir Arthur Magenis had also an audience of her
Majesty, on his return from his mission to Lisbon,
to which he was introduced by the Earl of Clarendon•

The Earl of Clarendon had an audience of the
Queen.

The Lord and Groom in Waiting were in atten-
dance.

Her Majesty, accompanied by Princess Helena,
left Buckingham Palace for Windsor Castle at half-
past six o'clock.

The Prince and Princess of Wales, accompa-
panied by the Crown Prince of Denmark, drove out
yesterday afternoon.

LITERATURE.

ONLY A CLOD. In one volume. Library Edition•

Ward, Lock, and Tyler.
The Sixth Edition of this work since its original
publication, will be very m elcome indeed to the ad-
mirers of Miss Braddon, who are numbering 11P
now by hundreds of thousands. As a story, "On
ly
a Clod" holds its own with the best of them, saving
and excepting always our prime favourite, " Aurora
Floyd." The tale here told about " the valiant Cor-
nishman",—not " who slew the giant Cormoran"---
but who passed, in a manner scatheless, certainly
with no derogation from his honour, through the
temptation of a sudden lift up in the social scale
from being a humble soldier in the ranks to being
the possessor of £30,000 a-year—fixes the reader's
attention from the very outset, and sustains It
to the very conclusion. The key-note is struck when
Harcourt Lowther, the young ensign in her M
jesty's Fifty-first Light Infantry—eating his heart
out with nostaglia, otherwise homesickness, at nob
Arthur, in Tasmania—on abruptly becoming aware
of his follower's change of fortune (in frightfully
painful contrast to his own neglected position) sobs
out "Not one ray of light—no, by the heaven above
me ! not one—has dawned upon my life : and a valet,
a private soldier, the fellow who scours n3Y,
room and blacks my boots, has thirty thousand
a year left him !" From that moment the
Novelist, like the Ancient Mariner, hath her
will—and we needs must listen until she has
brought her narrative to a close. As a fiction
crammed full with interest, the book under notice,
like all Miss Braddon's, has a charm and facination
of its own—insomuch that it is, like the rest of
them, worth reading through again—after an in'
terval. In its new form, it is an acceptable addition
to a very brilliant series, and, as such, is secure of
being widely welcomed.

No Union with Rome: an Eirenicon. Being an
Answer to the Reunion Scheme of Dr. Pusey. BY
Alessandro Gavazzi, Minister of the Gospel in the
Italian Church. Printed for the Author, 88,
Newman-street, Oxford-street, and at Wes"
ter ton's.

We could not possibly do more complete justice
to the publication, the title of whieh has here UOll
given in full exactly as it is given
.upon the boolc,.s
own title-page—though we were to comment upon It
by the hour—than by transferring to our columns
the following terse but crushing opinion pronounce'
upon it by our manfully outspoken contemporary'
the Examiner. "We hope," says the Examiner,
tc we may infer from the words ' Printed for the
Author' at the foot of the title-page that even °f
the extreme anti-Popery party there is not a Pub-
lisher in London who would not be ashamed t°
connect his name with such a book as this." Fie
ther on our contemporary remarks that " the
book itself are many passages of foul-mouthed 01
tolerance utterly remote from true religious feeling;
while they profess insolently to serve the cause
God." And so on. Enough, however, has surely
been said in those few words, in deservedly scornful
reference to an effusion wholly at variance in Its
very nature with the divine and benign genius of
Christianity.