The Sun.
London, England, 1857-02-25 00:00:00

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FOREIGN Ili

" Great Britain seeks to form out of the southern
territory of Persia a state capable of holding Persia
in check or of exercising a perpetual pressure on
the Shah ; this state would be made over to the linsiuni
of Muscat, who is devoted to English interests. - The
English fleet would always impose on the Asiatic ally
the slightest desire of the British Government and the
Imauw would, if necessary, transfer to his redoubtable
protectors the territory obtained through their powerful
influence. These conclusions, drawn from positive facts,
become even more evident if we consider the policy pur-
sued by England during the last quarter of a century to-
wards the inhabitants of the coast of the Indian Sea, or if
we study her movements and attempts in Southern Asia.
In 1837 and 1840 her policy was identical with her present
one; on the eve of her rupture with Persia she seized on
Ada) rendered herself mistress of Affuhanistan by means of
Shah?Shoudjah, as she now endeavours to do with the
assistance of Dost•Mahommed, and sought, as to-day, a
quarrel with the Celestial Empire. Should Russia not
take an active part in the quarrel we may expect to see
Persia yield to English influence ; she will sign another
treaty under the empire of fear, and will evacuate Herat,
unless that town, which is not prubable, should be left
to her in exchange for a portion of her coast. But in
abandoning his conquest the Shah will not obtain the
serious guarantee he sought in Affghanistan, which he
desired to render independent under certain conditions,
the most essential of which was obedience to the will of
Persia."

FRANCE.
PARIS, TUESDAY EVZNING.
The Emperor yesterday received a letter by which
the Grand Duke of Mecklenburg-Strelitz an-
nounced to his Majesty the birth of a Princess,
daughter of Duke George of Mecklenburg and the
Duchess, Grand Duchess of Russia.
The Debats contains the following reflections on
the difficulties which appear to oppose the satisfac-
tory solution of the Neuchatel question :
" The accounts received from Berlin and from Berne
are still rather unfavourable to the speedy settle.-
ment of the Neuchatel differences. We do not know
the txact progress made in the direct or indirect
negotiations of which it was question for some time,
always supposing that these negotiations are be-ing
carried on, and that the task of deciding the question
has not been definitively left to the Paris conferences.
But we are surprised at the reaction which has taken
place in the sentiments of the two nations, and
even in the dispositions of the two governments.
At Berlin as in Berne the language of peace and
conciliation has given way to an accent of bitterness and
irritation, which is reciprocal ; both parties are lavish
in accusations and in recriminations, and have in-
trenched themselves behind pretensions which are equally
absolute and exclusive. We heard yesterday from Ber-
lin that the Prussian government would maintain its
conditions, and would not depart from them ; the title
of Prince of Neuchatel forms one of these absolute con•
ditions. It was even stated at Berlin that Switzerland
would not be admitted into the conference of Paris,
and that the decisions taken by the great powers would
simply be notified to her. On the other hand, if we
are well informed, the Federal Council manifests
the intention of pronouncing categorically against al-
most every condition laid down by the cabinet of Berlin,
and especially against that which has for object to pre-
serve for the King of Prussia the title of Prince of Neu-
chatel. If therefore we are to trust report, the chances
of a conciliation have rather diminished than increased
since the commencement of negotiations. How are we
to explain this reaction ? Are we to suppose that both
parties have repented the conc,,abions or promises they
have made 1 We point out these unfortunate quip-
toms, which appear to gain aaily, in iutpint-
auce, but ere de not cease - htlikor-elli the solu-
tion which is desirable in the interests of the two na-
tions as in that of European peace. We reckon on
the good sentiments of the two nations, and con-
fide equally in the wisdom and impartiality of the con-
ference which is charged with the regulation of the
differences, and with the re-establishment of a good
accord between the two countries."
BOURSE, Feb. 24.—The following were the last
quotations :

Cash. tt. c.
44 per Cents
3 per Cents 69 90
New Loan —
Bank Shares 4,2C0 Roman
Credit Mobilier 1,423 Austrian
Belgian Five 5......... 99i Spanish Threes
Piodmontese (5) 9l Home Debt
RAILWAYS—FOR CASII.

End of Month.
—fr. ---e.
70 35

fr. .
Orleans 1,410 c
Western
Northern 945 Strasburg
Lyons ......1,420 New Ditto
Mediterranean 1,827 50 Grand Central
Lyons Geneva ...... Teste
Cette

NAPLES.
The following doeuniont ha 3 been addressed by
tho Neapolitan army to their King :
" To THE MAJESTY OF THE KING FERDINAND 11.
" Sire,—For many years your Majesty hat... a xpe
rience of the devotion and fidelity of your army and
its willingness to shed its blood for the defence of the
Throne a d the Monarchy when thero has been occasion
for it. Wherefore, now that the future is so dark and
dangerous, will your Majesty permit us to raise ou
voice and explain our desires ?

"Your Majesty obliged us to swear to the Constitution
in 1848, and desired that we should combat the exagge-
rated demands of some persons, from which the total
dissulution of the State might have ensued ; and the
army co-operated with you with zeal and courage, be-
cause your Majesty protested always that in so doing
there was no intention to abolish the statute by you
spontaneously conceded, and it was believed/ that it
might be consistently with honour and good conscience.
But now eight long years have elapsed, and all is
tranquil in the kingdom, ani nothing prevents your
Majesty from finally giving new life and vigour to the
Constitution already granted and sworn to. This is
the desire more or less concealed of us all, now that
the army has at length acquired a kilo %ledge of itself.
"Let your Majesty consider what Europe must say
ee another Italianre
only
in
nags
ucovered e
over
itselfou r
ofwi
tuhs,sot that
cwhil
ge aryn,o two
brethren, who iu every poii,t desire what
sse desire, that
which brings general prosperity, and hence els.) the pros-
perity ,f Our families. Now that cries are uttered every-
where in behalf of this unfortunate peopl3 must we point
at their broa.its our bayonets and our swords; and can
such a state of things long continue ? Your Majesty
will certainly provide, according to reason and prudence,
fur the future; this, we repeat it, is the desire of the
it
s
conscience, army, which wishes to preserve its honour and
conscience, but does not think it can do so so long as
your Majesty refuses to satisfy the common desire
"THE ARMY."

MA‘aKET ( this ay.)

CORN EXCHANGE.

and
r.
ny o littlefairo hraenci
The supply
all kinds
For
gpl irs::: 0
swbhaeraetl
barely
e qtou-adla
to
Monday,
, wa
1:::
dull inquiry, at
ha'cliearance of the inferior parcels was not effected.
a Thea imports of foreign wheat this week are 2,3 0 quar-
ters. Importers were tolerably firm ; but the business was
very moderate,.oafnEdni.n poor condition.
confined to immediate wants on former terms.
weremstme
stead,
bdd
uuvtl
el
aguteetstetonoatkitofnpuil la
cecuri
n.
Barley was in short supply,
r e nTFchlioee as
ot;iantblturctaa rmaltgewsacso
the quotations.
Beans and peas moved off freely at extensive rates ; but
flour was very dull. Over 4,600 barrels have come to hand
from the 'United States.
ARRIVALS THIS WHIM
Wheat. I
Barley. Malt. Oats. I F,oar.
English .. 750 210 790 1,120 fBO Irish .. .
. I
2,300
4,610
Foreign
'350
•-• 1 1,960' barrels

8011,017GH OP.
There is a fair business doing •In H
moat kinds of hops at
full prices.

WHITECHAPEL.
The trade generallyrnled steady, as follows :—Beef from
3s 4d to 4s 6‘1:; mutton, 3s 101 to 4s 10,1; veal, 4s to 52 ;
pork, 3s 8d to 5s 4d per 811os by the carcase.

land the short exchange 011
_The quotation of g(Ad. at P%1113
price o
,0/. 17s. Did. per
11. sterling. Oa comparing these
London is 25'224 1)1. Flint , i ,
abPoußtlC6EpOerF
ounce for standard gold, it a,pp.eavi that gold is nearly
InGooleLnp.
remium,
4-10ths per cent. dearer in Paris than in London. By
. from llamborg the price of gold is 424 per mark,
advices
and the short exchange on London is 1:3•4A. per 1/. ster-
ling, with the English
.
• Standard gold, at the English Mint price,' is there-
ling.
, fore at about the same value in Hamburg and in
London. The course of exchange at New York on
London for bills at 60 days' sight is 108 per cent.,
which, when compared with the Mint par between the
two countries, shows that the exchange is nominally
against England ; but, after making allowance for
charges of transport and difference of interest, the present
rate leaves no profit on the transmission of gold tither
way between the two countries.

The following is thEeEaßrtßil lici, Leitnralluded
to in The Sun of yesterday :—" The Anglo-Persian
difficulty is terminated. You are aware that one
of the pretensions of Lord Stratford de Redcliffe
which • appeared exorbitant to Feruck Khan was
that the First Minister of the Shah, the Sadrazam
Mirza Aga Khan, should be dismissed. England
has abandoned that pretension ; and the Sadrazaur
will be maintained in his office and dignities. The
second pretension of England, and on which the
English cabinet was particularly tenacious, was
that on resuming his post as British representa-
tive at Teheran, Mr.
,Murray should receive two
visits from the Persian authorities before paying
a visit in return. This demand, which it was
difficult ,if not impossible for the Shah to ac-
cede to, has also been given up. Mr. Murray is
to be received with all the honours due to his rank,
but-the Persian government will not have to sub-
mit to concessions which would have lowered it in
the eyes of the people. Persia has consented to
receive English consuls in all the towns in which
there are Russian consuls ; and she is to restore
Herat, but in return for Bushire.".
ePress e,wfth referenceesterday,indtulo
theges mpotlhicey ffoolloEnwi following
speculations .
land in the Perdan gulf :

THEATRE ROYAL, DRUlti LANE.— IWe take the Chinese difficulty into consideration
Lessee, Mr. E. T. Smith.
I we have taken it into consideration from the
Acting Manager, Mr. C. Mathews. Stage Manager, Mr. R
Boxby. Scenic Artist, Mr. W. Beverley.
The eminent Comedian, Mr. Charles Mathews, every evening

Great Success of the Grand Christmas Pantomime, the
most magnificent ever produced on the English stage.
TO-MORROW, her Majesty's Servants will perform the
popular Comedy,
A GAVE OF SPECULATION.
Characters by Messrs. C. Mathews, A. Younge, R, Roxby,
Vincent, Tilbury, Templeton G. Honey ; Miss If, Oliver,
Mrs. Selby, Miss Barnes, and Miss E. Wadham.
After which will be produced
SEE, SAW, MARGERY DAW ;
Or, Harlequin Holiday, and the Island of Ups and Downs.
The reduced prices as follows, varying throughout the
house to suit every one:—Galleries, 6d. and ls. ; Second
Circle of RPICS, is. 6(1. ; Pit, 2s. ; First Circle of Boxcl,
2s. fid. ; Dress Boxes, 33. ; Stalls, Ss. ; Private Boxes,
10s. 6d,, I'. Is., 1/. 11s. 6d., and 21. 2s.

OY A T, PRINCESS'S THEATRE.
-4-t TO-MORROW will be performed
A MIDSUMMER NIGHT'S DREAM.
After which, a new grand Christmas Pantomime, called
ALADDIN AND THE WONDERFUL LAMP;
or, Harlequin aqui the Genii of the Ring. Harlequin, Mr
Cormack ; Clown, Mr. Huline ; Pantaloon, Mr. Paulo; Co
lumbina, Miss C. Adams.

9(NT:I-PATTIE ROYAL, HAYMARKET.
JI To-morrow Evening, to commence at Seven,
With the successful new. Comedy, in three acts, entitled,
DOUBLE-FACED PEOPLE. Characters by Mr. liuckstone,
Mr. clippendale, Mr. Compton, Mr. W. Farrea, Mr. Rogers,
tir. Clark, Miss Reynolds, Mrs. Poynter, and Mrs. E. Fitz-

Followed by (9th time) a new drama, called A WICKED
WIFE,

After which 58th time) the new comic pantomime, entitled
THE BABES IN THE WOOD, or Harlequin and the Cruel
Uncle. The scenery of the opening story painted by Mr W.
Callcott. The pantomime produced under the direction of
M. Milano. Harlequin, M. Milano; Columbine, Fanny
Wright; Pantaloon, Mr. Mackay ; and Clown, Mr. Driver

ROYAL LYCEUM THEATRE.
Lessee, Mr. C. Dillon.
TO-MORROW, will be performed the new play, in
five acts, by Westland Marston, Esq., entitled A LIFE'S
RANSOM". Lord Revesdale, Mr. C. Dillon ; Bancroft, Mr.
Stuart ; Felicia Revesdale, Mrs. C. Dillon.
After which, a new farce. entitled MY FRIEND FROM
LEATHERREAD. Mr. Toole, Miss Wilton, and Mrs. B.
White.
To be followed by

CONRAD AND MEDORA;
or, Harlequin Corsair and the Little Fairy at the Bottom of
the Sea. The burlesque opening by W. Brough, Rsq.,
founded upon the ballet of Le Corsair, as produced at Her
Majesty's Theatre. The harlequinado upon things in gene-
ral. The new and magnificent scenery painted by Mr. F.
Fenton.

Co. rad (the Corsair) Miss Woolgar
Birbarto (his lieutenant) Mr. J. L. Toole
Medora ..
Clowns
Mr. H. Marshall
The box-office open daily, from 11 to 5, under the super
tendence of Mr. Chatterton, jun.
Carriages conveying parties to the Private Boxes to set
down at the State entrance in Burleigh-street.

THEATRE ROYAL, A DELPHI.
Lessee—Mr. Ben. Webster.
TO-MORROW, will be performed the popular drama
of IRELAND AS IT IS. Mr. and Mrs.. Barney Williams.
After which, A NIGHT AT NOTTING-HILL, in which
Mr. Wright and Paid Bedford will appear.
Followed by a new Piece de Caractere, entitled IN AND
OUT OF PLACE. Mrs Barney Williams.
To conclude with the new original comic drama, called
BARNEY THE BARON. Barney O'Toole, Mr. Barney
Williams.

OYAL OLYMPIC THEATRE.
Lessee, Mr. Alfred Wigan.
-W11)
TO-MORROW, the new drama, by Tom Taylor, Esq.,
called A SHEEP IN WOLF'S CLOTHING.
A CONJUGAL LESSON. Lullaby, Mr. F. Robson ; Mrs.
Lullaby, Mrs, Stirling.
Followed by the new farce, by Dayle Bernard, Esq.,
ailed A SPLENDID INVESTMENT.
Commence at half-past Seven.

A STLEY'S ROYAL AMPHITHEATRE,
-ill Lessee and Manager, Mr. W. Cooke.

Continued and unabated Success.
TO-MORROW, will be presented the theme of tho most
flattering eulogium from the whole of the press, the operatic
drama of ROB ROY, with Equestrian Illustrations invented
IT Mr. Wm. Cooke, and with the original music. Rob
Roy, Mr. James Holloway.

After which, the Equestrian SCENES in the CIRCLE.
To conclude with the equestrian comic pantomime of PAUL
PRY ON HORSEBACK.

Commetce at seven o'clock. Dress Ilexes, 4s. ; Upper
Boxes, 3s. ; Private Boxes, from It., no charge for booking ;
it, 2s. ; Gallery, Is. ; Upper Gallery, 6d.
tiox•office open from Eleven till Four. Stage Manager,
Mr. W. West. Equestrian Director, Mr. W. Cooke, jun.

CANTERBURY HALL, Westminster-road.—
OPEN EVERY EVENING.—The follow-
hig company of Vocalists are engogoa for the Iletrfo,rmor....
selections from all the popula7 Operas, Madrigals, Choruses,
Glees, Duets, &c., viz.: Miss E. Pearce, Mrs, J. Caulfield,
Miss Brunel], Miss Summers, and Madame Marietta ; Mr. J,
Caulfield, Herr F. Jonghmans, It. Grover, T. Farrant, S,
Jones, J. Barker, W. Melling, P. Corri, Senor Antonio M.
de Soil a, and E. L. Hime ; Masters Austin, Bennett, and
Corti; Messrs. Sam Collins, E. Mackney, and C. J. Wilkins.
Pitnororte, Mr. C cil Flicks; harmonium, J. Caulfield, jun.;
:lircctor, Mr. J. Caulfield. Commence at Seven o'clock pre-
cisely. Suppers, &c., until twelve o'clock.

commencement—without passion and without pre-
judice. As far back as the 2d of January, the

♦ery day upon which the facts alluded to first
came to the knowledge of the English public, we
endeavoured t. weigh those facts in the balance
of our judgment—conscientiously. To which
end, at the time, we held that balance as nearly as
possible in a state of absolute equilibrium 1* Re-
solved not to commit ourselves precipitately to
any hasty or ill-considered view of a subject of
such vast and paramount importance. Since
which time, reflection has only served to demon-
strate more and more distinctly and undeniably
the reasonableness of the careful avoidance on our
part of anything like a precipitate condem-
nation of Her Majesty's Government. A j'i-

dicious suspension of judgment at the
outset, to say the least of it : seeing that, "at the
first blush," there was an appearance of haste and
harshness on the part of Consul PARSES and
Admiral SEYMOUR in their conduct towards the
Governor of Canton, YEH, the Chinese Commis-
sioner. Subsequent investigation, a closer in-
quiry, and minuter details, proved very soon,
however, that that "appearance" of haste and preci-
pitation was, in point of fact, wholly superficial
and illusory. It rapidly became evident, beyond
the reach of contradiction, that the British autho-
rities, so far from being hasty in their conduct
towards the Chinese authorities, were, on the con-
trary, rather slow than otherwise--that so far
from being harsh they were only, if possible, too
moderate in their demands for reparation.
What were those demands ? First of alt., the
simple restoration to liberty of the twelve men
who had been illegally taken prisoners. Seem dly,
when YEH had altogether refused_any compliance
whatever with that very moderate requisition--
the accompanying with an apology the ulterior
restoration to the Arrow of her dozen sailors, un-
lawfully seized and still more unlawfully detained
after Consul PARKES'S explicit and energetic re-
monstrance. So much for the charge of " harsh-
ness" as to the demands thrust upon the accep-
tance of the Chinese Commissioner.

Now, as to the unnecessary " haste" imputed to
the British authorities in the enforcement of those
demands vi et annis, after all compliance with
them had been peremptorily refused by the Chinese
Government ! Was there such haste ? Why, it
is not for a moment gainsaid—it cannot for one
instant be denied—that fifteen days had elapsed
from the time of the outrage complained
of before a single shot was fired at
the delinquents ! The seizure of the twelve
sailors of the Arrow by the Chinese captain,
LEAN-IMO-TING, took place on the Bth of
October. Force of arms was resorted to by Ad-
miral SEYMOUR not until the 23d of October !
When—all pacific remonstrances proving ineffec-
tual—the Barrier Forts were taken. Subse-
quently, finding even this inoperative of the good
intended, on the 25th of October—and not till
then—our authorities out in those seas brought
the British right of entry into Canton under the
notice of the Chinese Governor. Everything
oven then proving ineffectual, the Canton Forts
were taken by the British fleet under Admi-
ral SEYMOUR, and the marines from that
fleet were marched up to the residence of the re-
fractory Commissioner. Such briefly was the
actual situation at the close of the last Advices
coming to us Overland.

Reviewing which events, it does appear to us
something worse than idle to charge our authori-
ties out at China either with harshnesss or with pre-
cipitation—and not only to do this, but to visit
tiat,ir purely csuppositious °Timms upon Oho heath,
collectively of the principal ministers‘ of Her
Majesty's Government. For one thing, the die is
cast—jacta est alia —and it becomes our duty to
make good our position with regard to the Chinese.
The war•trail must be folio wed—vestigia nulla
retrorsum.

As to Sir JOHN BOWRING'S share in these tran-
sactions, it is simply preposterous for Lord DERBY
to talk of his Excellency, in regard to the question
of the British right of entry into Canton, as a
gentleman who appears to be little less than a
" monomaniac 1" At any rate, if he be so, he
has, as SHAKSPERE terms it, a " method in his
madness," or as HORACE, Insanire paret certo
rations modoque. Hero, however, we take it,
lies the gravamen of the whole Question—Here,
in the matter of our right of entry into Canton 1
It is upon this point, we conceive, more impera-
tively requisite than upon all others, that we
should come, sooner or later, t) some definite un-
derstanding with the Chinese.

* Vide The Sun of Friday Evening, the 2d of Jannary,
857.

The Chancellor of the Exchequer last night
introduced a new bill respecting Savings Banks.
Nf.t;rithAtncling the vast importance of the sub-
.j.-ct there was but a sc tnty .attendance of Hon.
Gentlemen to receive the Ministerial Explana-
tions. Sir G. C. LEWIS was by no means dis-
posed to " waste his sweetness" on " a beggarly
account of empty benches." His stltement was

-ierefore very brief. Ono valuable provision was,
however, alluded to, which renders the measure a
vast improvement on the existing law. It is
proposed that henceforth there shall be real bona
fide Government responsibility, not merely for
the sums invested with the Commissioners,
but for the entire amount deposited,
provided always that certain " conditions
precedent" are complied with by the ma-
nagers. The nature and extent of these
" conditions" were not detailed. The efficacy of
the measure will entirely depend thereon, and no
sound judgment can be formed until ample infor-
mation has been obtained. It is, of course, right
that Government should, before undertaking a
serious responsibility, obtain a proper control
over the deposits, for which it will become an-
swerable. But the restrictions may be of such a
nature that trustees and managers would be un-
willing to be subjected thereto, and the valuable
elements of local management, and depend-
ence on the exertions and recommendations
of local trustees, may be completely lost. If,
however, the conditions shall prove to be of a
" reasonable and satisfactory character," as de-
scribed by the Right Honourable Baronet, if no
sufficient reason can be assigned fur refusing the
tendered boon, we AA hail witil fitlight the jittit
concession that gives valid security to the deposi-
tors, and will prevent the possibility of such un-
toward events as those which tended to shako the
confide:nee of the working classes in the stability
of these very beneficial institutions.
o
theSlfeaarsl::s
awpepeaarrse
aenvala:l: pr
dittnoforma
elt on any
judgment,
that has hitherto Leen submitted to legislative
consideration. We trust, too
brought to a , that it may b©
satisfactory conclusion, and not
numbered
"
massacredthe innocents" ruthlessly
a with
Close of the Session. We
cannot forget that in 1850 Sir CHARLES WOOD
introduced, with considerable flourish, a bill
providing for more efficient control.
But pro-
crastination was the order of the day,
and it was
finally abandoned without an attempt to obtain.

the sanction of Parliament. Nothing was done
the following year, although the Right. Hon.
Bai still presided over the financial department.
It was not until 1853 that another measure was
bro Tight forward under the auspices of the ABER-
' DEE N Administration. It was thereby provided
that when the measure was approved by the
Con amissioners for the reduction of the National
Del it, the depositors in such bank should have
the guarantee of Government for repayment of
all -sums legally deposited, with interest; and when
the. measure was not so approved the Trustees
ana Managers should be held jointly and severally
re:oponsible to the depositors. That salutary bill
was, however, also neglected, and ultimately
abandoned. So that &though the necessity of
legislation was admitted in 1850 nothing has
since been effected to meet the exigency. We
trust that Sir G. C. LEWIS may not be following
the precedents thus established, and amusing the
parties interested with fallacious hopes, never
destined to be realised. A little pressure from
without would insure the success of the bill, and
we trust that if any apathy should be perceptible
that pressure may be applied while there is yet
time to do so, with beneficial results.
Sir. G. C. LEWIS admitted that the unlimited
control exercised by the Financial Minister, for
the time being, over the funds amounting to some
35,000,0001. or 36,000,0001. sterling, is a fit
subject for discussion in the House of Commons.
He did not, however, think that extraordinary
power either " unconstitutional or exorbitant."
He even ventilated an opinion, that the Govern-
ment, " being subject to the losses that arise from
the variation in the funds, was fairly entitled to
make the best use they could of the money by the
transfer of securities when it was more beneficial
to invest in Exchequer Bills rather than in Con-
sols, and vice versa." This would be very reason-
able if they were private individuals, who defrayed
the losses from their own resources. But the
losses fall on the nation, not on the Government,
and no less than 4,000,0001. or 5,000,000/. has
already been sacrificed, for which Parliament
must sooner or later make provision. It certainly
does not appear at all satisfactory that there
should be an admitted deficiency to a large
amount. The nation should clearly under-
stand the full extent of its liabilities,
which should be represented by existing securities.
An unknown responsibility at present hangs over
us, and the sooner an accurate balance sheet is
prepared, and the accounts are properly audited,
the bettter for all parties concerned. It is not

creditable either to the Government or the People
that there should be a state of affairs similar to
what might have been anticipated if a ROBSON or
a REDPATH had the control and management of
the funds.

Nor is it by any means desirable that the Go-
vernment of the day should be encouraged or per-
mitted to enter into stockjobbing transactions on
a gigantic scale. Many a wild and impolitic
scheme may be bolstered up by tampering with
capital to such an enormous amount. We find
that of the two millions of Exchequer Bonds,
which the Right Honouzable Gentleman is so
solicitous to liquidate immediately, 1,765,000/.
is held by the Savings Bank Commissioners, and
the remaining 235,0001. ley the Patriotic Fund.
A renewal could, therefore, be effected with the
greatest ease ; but, as that is not proposed, the
two millions must be flung on the market in May
next—a matter which, of course, will guide
speculators in their proceedings. .
It also seems in the highest degree "unconstitu-
tional " that so vast a sum as TEITRTY-FIFE MIL-
LIONS sterling should remain at the disposal of
Government to be converted into hard' cash at any
moment without the assent of Parliament, or
even the slightest knowledge on the point. It
might give efficacy to a coup d'etat that would
otherwise fall to the ground for want of " the
sinews of war" to force it forward, and by which
the liberties of the people may be destroyed or
seriously endangered. This power should either
be abolished or placed within safe limits. If this
be done, we shall hail the new Savings Bank Bill
with great satisfaction, and return our cordial
thanks to the Government for the introduction of
so salutary a measure.

ntiE S'UN, LONDON, WEDNESDA FEBRUAttY 25 !t57

LATEST NEWS.

THE OVERLAND MAIL.

raid) RAILWAYS.

FOR

all katwrp &Rotterdam
14 Ardennes........
all Belgian East. Junet
16 Beziers to Graissessac
all Carmeauxdr Toulousf
Coal Mines and Ry
12 Dutch Rhenish
all Eastern of France
all Do. New ...
2s. Euphrates Valley
18 Gt Central of France
17 Great Luxembourg
4 Italian Junction
all Lake Const. & Bale
all Lierre apd Turnhout
6 Lombardo-Venetian
all Lucca dr Pist.sp.c.p.
all I Lyons and Geneva
all Lyons & Mediterran
all Maria Ante-,:la
all Do. New .... .........

all Namur & Liege
all Do. do. 6 p. c. Pref
all Northern of France
all NorwegianTruk. Pref
all Paris and Lyons
all Paris and Orleans
7 Recife & San Fran.,
(Pernam.) g. 7 P. c.
7i Rome and Frascati 1
all Royal Danish
all Royal Swedish
all Sambre and Meuse._
all )o. 5i per cent. pref.
all Southern of France
all West Flanders

all 'Do. 54 per c. Pref
all IW. &N. W. of France
6 Western of Austria._
all (West, of Switzerland
all Wiesbaden ............
all Do. Bp. cent. pref.
all , Zeal and .........

SHARE MARKETS--(This Day.)

RAILWAYS.

Oe
kmbg. Nottng. Bost.
& Eastu. June
all Belfast & Ballymena
all Blrmng. Wolverh. &
Stour Valley
100 Birkenhd. Lancsh. azi
Cheshire
all Blackburn
all Blyth & Tyne original
£25 (iss. at £45)
100 Bristol & Exeter
100 Caledonian. .....
100 Chester & Holyhead
all Cork and Bandon
all Cork, Black. & Pass
all Cornwall
all De. A
8 Do. B
45 Dublin&BelfastJune.
all Dun. P. &A.ber.June.
100 East Anglian .........
all Eas;,crn Cour 'Am....
100 Bag ternUnion,A. stk.
100 Do., do. B
8i Do. New A....
171 East Kent
100 East Lancashire
all East Suffolk ........
4 Do.
100 Edinburgh & Glasgow
all Ediub. and Peebles
100 Edinb.Prth.&Dundee
all Forth and Clyde June.
100 Furness
100 Glasgow & S.Western
all Great N. of Scotlan d
100 Great Northern
100 Do., A. Stock
100 Do., B. Stock
100 Gt. Sth. &West. (Ire.)
100 Great Western...
100 Do. Str.V.R,. gua. St
all Irish SouLh-Eastern
all Lancaster &Carlisle.
141 Do., Thirds. ~ . .
12 Do. New Thirds
100 Lancash. &Yorkshire
0 Do., do. F. £l6
Do., Wst. Riding Un.
all Do. Sontbport.
all London & Blackwall
100 Loni.Bright.&S.Cst.
100 London &N. Western
all Do. Fifths
all Do. ,16/.5h.,M&8...0
22 Do. Eighths
100 London tk S. Western
all Lndndrry.&Coleraine
all Lndndrry. & Ennisk
100 Nanch.Shef.&Lineln ,
1 Metropolitan
1 Do. J. L. Ricardo's
arrangement
1100 Midland
100 Do. Birming. & Derby
all Jilidland Weep. (Ir. )
all Do. Shares .........
all Newcastle &Carlisle..
all Newpt•Aberg.&Hrfd
9 Newry & Enniskillen
all Newry, Wan•enpointl
& Rostrevor
100 Norfolk
3i Northn. Counties Un
100 North British ..
100 North Devon, Rail. &
Dock Stock
100 Do., A Stock
100 Do., B Stock ...
100 N. Eastern Berwick
23 Do. do. Extension
16 Do. do. G.N.E.Purch
all Do. Leeds
100 Do. York
LOO North London
,13 t. 1 N. &S. Wstn. , Hamp
1 stead, and City Jn
17i North Staffordshire
all North Western..
all N. &S. Westrn. June.
1.00 Oxford Worcester &
Wolverhampton
16 Portsmouth
10 Rhymney
100 Scottish Central
1.00 Scot. N.E.Abrdn. St
100 Shropshire Union
4 Sitingbourne &Sheer
all South Devon
100 South Eastern •
all Do. 4i per c. Shares
100 South Wa1e5...........
17 S. Yorksh. River Dun'
7 Do.
all Staines,Wok.,&Wok.
all Stockton &
15 Do. do., 1854
3 Do. do., 1855
161 Stockton & Hartlepl
100 Taff Vale
100 Do. Pref., No.
22 Thames Hay. D. &R
all Vale of Neath
all Waterfd. & Kilkenny
all Waterford&Limerick
all West Cornwall.. . .
all West End of London
and Crystal Palace.,
all Do. A.
all Do. B
all West London
all Do. First Class
all Do. Second Class
all Wmbledon&Croydon

Closing Prices
this day.

41 - 44

8i -9,

C 9 - 71
8i - 9

94 - 96
681 - 69-
36 - 37

• • • ..... •I

••• "'" •

• •• ......
•

10 -
19 - 20
10i - 10
47 - 52
32 - 34

.
- 6
98 - 104

•.• ...... .

•••
534 57.

ioi = i

94 - 96
7 - 8
94 - 95
81 - 83
123 - 125
111 - 113
68i - 69
64 - 66

72 76
-7 8p
7 8
Look 101p
d par

61 - 6
1081 - 109
LoB§ - 109
21i - 22
10i 11

.05 -- 105

37' -
••._

84 -
55 - 56

14r-

57 59
3i —34 d
414 45'

881 891
3 2/d
2 21
19i 204
644 —65 i
98 —lO2,

Business done
this day.

67 9.

74- 8
10 -- 11

104 I

93 5
82. i
124
1124 12
68i 9 8j

28 - 29

106 - 108
26i - 274
50 - 51
21 -
18. - 19
77 -78 ii

85j - 86.
4i 31:1
4 3d
12 14
40 42

••• •••
.20a 21

1003 1

• •• •-.-. ...

- 6

... - ...
7 -- 9

6
1091 8} 9j
1081 j 9

IIGN.

64 - 6i

-
3i - 4iP
51i - 5g
32 - P
- X33'
10 - 11

Parl ::
64 -- 61

2j
101/5 5

• • • ...... • .

371 7

.. •"d

6i - 6iPi

841

29 - 30

45 4i 5

881 i 9

20 - 204
37i
9 - 9A
5611 -
54 - 56

ip

a.= io
s#_ lt
gi
8t 8

- Pm
43 -
32 - 32
- lip

19i 20
Gs4i t

BANKS.

93 100
i_d i_l

26 ri

69 - 61

77i 8k
86

• • • *--. •

1?; 1d
68 70

• 1.• '-''' ~

18 := 19
18f -- 194
18 -- 19

s• •.

1131 121 131

211
50.
81i
2 f
251
11 11

211
254

19 181

• • • ''''

47 - 49
37 - 381
- i P

32

50
50
15
100

38 4
15j4

.."
•••

26i 1