The Sun.
London, England, 1861-01-22 00:00:00

THE SUN, LONDON, TUESDAY `EV_ENING, JANUARY 22, 1861.

couiNe, now that for the following remissions we
have a tenp anny tax upon our incomes ! that
during 1859 , in the shape of those duties now

repealed—i
Butteri-..produced £104,000
Cheese 49,000
Eggs
Tallow* . . 85,000
. . . .
295,000
53,000

Oranges and lemons . .
Silk . .
Leather gloves .

Artificial flowers .
Musical instrument's
Watches

20,000
10,000
15,000

Having enumerated which, and a variety of other
duties levied upon articles of a similar charac-
ter—Mr. M'CtiLLocli sa)rs, "We are 'blear
that not one of these articles should
have been exempted from .duty." It is not
Mr. BUSFIELD FERRAND, or M-r. BIISFIELD FER-
RAND'S ghost, who is pronouncing this opinion to
us oracularly. It is Mr. M'CuLLoca who writes the
words deliberately in his last edition of his great
" Commercial Dictionary ;" and he adds, " The
duties on butter, cheese, eggs, and tallow, were
so very moderate that their influence over the
prices of the articles was practically imperceptible."
Observing still further-1' We have yet to learn
that there are any articles better fitted to be taxed
than silks, gloves," and so forth, than artificial
flowers, let us say ! ! or musical instruments !! !
Nay, Mr. 11PCIILLOCII goes on to lay it down
axiomatically that—" No article, unless it be the
raw material of a manufacture, should be allowed
to be imported except under a duty of 10, or 12, or
15 per cent. This," writes Mr. MTTILLocEt,
" would not only be a much safer, but also a much
sounder policy than the accumulation of oppressive
duties on a few leading articles"—[such, for example,
as TEA or TouAcco]—" or on Income." Particularly
upon INCOME mulcted to the tune of 10d. in the £1
—and this tenpence drawn from it according to the
present cruel, unjust, grinding, and demoralising
mode of assessment.

Take into account for a moment the mere ques-
tion of the demoralising influence of the Income
'Mx as at present assessed.
The income tax in the old war time, Mr. PITT'S
income tax, the income tax raised to carry
on that tremendous struggle during fifteen
years against France, under the Consular and
Imperial rule of the Great NAPOLEON—that
old Income-tax of the famous war time went as low
as incomes of £5O per annum. Our present Income-
tax going no lower than incomes of £lOO per
annum. Well, more than half a century back,
when England was already oppressed by this
coarse, clumsy, brutal device of " raising the
wind" for an emergency caused by the neces-
sities of a vast warlike expenditure—what was
the result produced ? Let the currant num-
ber of the Quarterly answer with one
trenchant sentence—a sentence that is two• edged—
that cuts both ways—at our fathers and at ourselves!
" Under Mr. PITT'S income tax, " writes the
Reviewer, " the limit of exemption was first fixed
at £6O, but it was found necessary to lower it to
£5O in consequence of the extraordinary number
of people whose incomes, by a strange coincidence,
happened to amount to £59 10s. ! " And
now with the income tax, not of Mr.
PITT, but of Mr. GLADSTONE with this
cruel, unjust, grinding, demoralising Income
tax of tenpence in the pound—what is the calcula-
tion made by Mr. M'CuLLocH in regard to this ?
Why, Mr. M'CuLLocEt estimates that false returns
are given in by more than one half of the classes
assessed under Schedule D l Mr. BABBAGE'S Cal-
culation, going the length of asserting that, in re-
gard to the same schedule D, when the income tax
was fixed at 7d. in the £l, the whole schedule D,
taken together, did not pay more than at the rate
of Fourpence !
Authenticated instances are given, in fact, by
the Quarterly Reviewer, illustrative of the flagrant
character of these false returns. It is said, for
example (p. 242), that "one gentleman (?) had
returned £3,000 to the income tax, having actually
earned £9,000 !" Another case is instanced in
which—" A respectable (?) firm returned £B,BOO as
their earnings in five years, having really earned
£31,432 !!" But—beyond even this—" Another
legal worthy," we read, "took a still higher flight
of genius, and, having earned £2,000 in the year,
returned £2OO to the income tax, and claimed
compensation of the Treasury on an income of
£3,000 !!!" These astounding contrasts, it may
be observed, were brought to light in reference to
the Proctors' incomes—at the time when the Proc-
tors of the old Probate Court sent in their claim
for compensation. We all know perfectly well,

besides, what the conscience money means—the
conscience money sent from time to time to the
Chancellor of the Exchequer from repentant letters
of the alphabet ! It is a cruel system altogether :
a cruel, unjust, grinding, demoralising system,
and it behoves us that we should have done
with it !

The recent rise in the rate of discount to seven
per cent. now begins to show its ruinous conse-
quences on commerce, and the producing interests
of the country very generally. We have so
often pointed out the injurious effects of PEEL'S
currency crotchets of 1844, that we shall now
only direct attention to Mr. HAMER STANSFELD'S
letter on the subject. It will be seen thereby
that the great apostle of the Bullionists one day
says that the excessive rise in the dis-
counts is of no consequence to people in trade while
but yesterday he states that a firm of long standing
has been compelled to stop payment to the tune of
some £400,000 ! Now which opinion is right ?

THE PRINCE OF WALES.—CAMBRIDGE, Monday.
His Royal Highness, with the Hon. Major-General Bruce
and Captain Grey, attended Divine service on Sunday
morning at Madingley Church. The Rev. Thos. Field, of
Emmanuel College, Cambridge, and vicar of Madingley,
officiated. The church, which is within the demesne of
Madingley Hall, contains many monuments to the mem-
bers of the Hinde and Cotton families. His Royal High-
ness remained at Madingley throughout the day.
THE DUKE OF SUTHERLAND.—The bulletin
received from Trentham yesterday announces that "the
duke is going on well, and had an excellent night." During
the illness of hiti grace a despatch has been daily forwarded
to her Majesty at Windsor Castle, conveying a medical
report of the condition of the noble invalid.
THE LATE LORD ELPHINSTONE.—This deceased
nobleman, who died a few days since at Bournemouth, only
succeeded his uncle, the late Governor of Bombay, in July
last, in the Scottish barony. The late peer was the only
son of the Hon. Admiral Chas. Fleeming Elphinstone, son
of John, 11th Lord Elphinstone. He was born 11th Dec.,
1819, and was unmarried. His lordship was formerly in
the 17th Lancers, and at the close of the late war held the
rank of Lieut.-Colonel commanding the 2d Light Dragoons
of the German Legion. The deceased nobleman is suc-
ceeded, we believe, by Commander Wm. Buller Fullerton
Elphinstone, of her Majesty's ship Hornet, now 15th Baron
Elphinstone, eldest son of the late Lieut.-Colonel James D.
B. F. Elphinstone, by his second marriage with Anna
Maria, only child of the late Sir Edward Buller, Bart., of
Trennant, Cornwall. The present peer is in his 33d year.

THE RIPER STEAMBOAT TRAFFlC.—Yesterday
the steamboat traffic both above and below bridge, which
was totally suspended during the severe frost, was resumed,
and large numbers of persons availed themselves of the
accommodation, in order to avoid the muddy streets, in
pegging between the City and the West-end. The half-
peqiny boats bad a full share of passengers, but the iron
boats and those of the City Company had a decided advan•
tage, in consequence of their calling at all the intermediate
piers.

18 THE SEVEN PER CENT. BANK
JILLYIIIfIff BATE OF DISCOUN 2 NOT AN EVIL ?

TO THE EDITOR OF THE BUN.

SlR,—Does the Times truly represent the times when, in
its City Article of the 11th instant, it says

" The absence of inconvenience with money at 7 per
cent. is a subject of remark on all sides; but it would be
hard for anyone to point out a reason why the existing
rates should be regarded as an evil ?"
Is it not inconsistent in the Times, whilst showering
down blessings on the destitute, whose afflictions are
aggravated by the unusual severity of the season, over
which the hand of man has no control, to allow its noble
exertions on behalf of suffering humanity to be counteracted
by the assertions of its City Editor that a 7 per cent. rate of
discount, which must inevitably increase the number of
unemployed, is no evil ? Do we not find in the same
columns reports from the manufacturing districts such as
the following :
" LBICESTER.—LittIe progress made in business for the
new year. The state the money market has assumed, and
the increased rate of discount, with the prospect of a still
further advance before us, creates in the manufacturer a
tardiness in resuming making ; therefore the operatives are
to a great extent short of employment. There is no giving
way either in the yarn or wool markets, which are at pre-
sent uninfluenced by these causes.—Leicester Journal ?"

Is it no evil for manufacturers to be obliged to discharge
their work people, because, with money at 7 per cent.,
manufacturing is not remunerative ?
Is it no evil for the operatives to be thrown out of work
at this bitter season?

Is it no evil to the owners of the Funds and other
interAst-bearing securities to have their property depre-
ciated some £50,000,000, in consequence of the advance of
the rate of discount, and, if under the necessity of realising,
of haying their loss made the gain of the owner of money?
Is it no evil for the public to be called upon by the
Chancellor of the Exchequer to pay additional taxes, to
make up a revenue which must become deficient from the
stoppage of trade, consequent on the medium for carrying
it on being at 7 per cent. ?
Supposing that only bills of three months' date, to the
amount of £20,000,000, had to be discounted at 7 per cent.,
being 2 per cent. higher than the almost uniform maximum
rate of the Bank of England prior to the Act of 1844, there
would be a transfer of £lOO,OOO from merchants and manu-
facturers to owners of money, from productive to non-
productive classes. Is that no evil I'

When such outrageous fallacies are published by the
leading journal, and circulated in most of the country
newspapers, it is time for the opponents of the Act of 1844
to disabuse the public mind, and to make use of the power
which that law foolishly gives them.

Were but a few such firms as Messrs. Overend, Gurney,
and Co. to claim notes for their deposits and gold for their
notes, the act would have to be suspended and then re-
pealed, as Ministers would have to apply to Parliament for
a bill of indemnity, and no Parliament could uphold a law
which in that case would have been suspended three times
in 15 years. And what would be the immediate conse-
quence of suspending the act of 1844 f The directors of
the Bank of England would be at liberty to compete on
equal terms for gold with the Bank of France, by being
enabled to issue the same proportion of notes to gold, which
they can ; and further, they would be at liberty (as they
were before the Act of 1844) to issue any amount of notes
which they thought prudent, considering their liability to
convertibility, and the public would only be too glad to
take them as perfectly good securities for the transfer of
equivalent values of property.
It is with property and services that debts are at bottom
liquidated, for money (the the legal instrument for dis-
charging a debt) has first of all to be obtained by giving
property and services in exchange for it.
Empower the direct ors at the same time to issue one-
pound-notes to serve as substitutes for sovereigns, on the
terms of the annexed petition, so as to set at liberty some
120,000,000 of gold, and tie rate of discount will rapidly
fall to 5 per cent. ; commerce will revive, manufactures
floxrish, and operatives again be fully employed.
I am, sir, you.: obedient servant,

HAME R STANSFELD,
Hightield, Winderm ere, Jan. 17, 1861.

" TO THE QUEEN'S MOST EXCELLENT MAJESTY.
"We the undersigned bankers, merchants, and other
liege subjects of the realn, considering that the present
foreign drain of gold most seriously deranges the domestic
currency of the country, ;hereby paralysing trade, throw-
ing the industrious chase; out of employment, depreciating
property, and increasing unnecessarily the burdens of the
people, most humbly pray that your Majesty will be graci-
ously pleased, with a vim to counteract these evils, by
Order in Council, to emperor the Bank of England, until
the sense of Parliament c►n be taken, to issue one pound
notes to serve as substitxtes for sovereigns whenever the
Bank minimum rate of discount shall exceed five per cent.,
on depositing Government Stocks for two-thirds and gold
for the remaining one-third of the amount of such issues as
a guarantee for the convertibility of the notes, and on pay-
ing interest at the rate of four per cent. to the Exchequer
for the benefit of the State, on the two-thirds of which they
would have the beneficial use, of on such other terms as to
your Majesty shall seem ft.
" And your petitioners will ever pray, &c."

A suspension, which it is hoped and believed
will prove only temporary, took place on Saturday of one
of the oldest and most respectable firms in the Levant trade
—Messrs. Francis Ede, Son, and Co. Their liabilities are
supposed to range between £250,000 and £400,000, but an
impression prevails that in the course of a day or two
arrangements may be effected by which all engagements
will be provided for. The difficulty is understood to have
arisen matnly frost the means of the firm being at this
period of high rates of discount locked up to some extent in
the local loans to the Turkish Government on the security
qf Customs' duties, which come in slowly.—Times City
Article of yesterday, 21st January.

ROYAL LYC.EUM THEATRE.

It is at all times a very grateful part of the duties of the
journalist, in matters theatrical, as in every other depart-
ment of literature or art, to draw attention to those in-
stances, which axe unfortunately but too few, where suc-
cess and public support follow upon the steps of merit.
With very rare exceptions, the theatres of the metropolis
have, during the past six months, realised but a poor return
for the large outlay, the great anxiety, and the constant
and unwearying attention, which public taste exacts from
those who court its favours, or strive to follow its caprices.
It is certain, however, that since the turn of Christmas a
favourable change has taken place (at all events as far as
the Lyceum is concerned), and public taste has in this
instance, unequivocally pronounced a correct judgment,
which in no case could be better deserved.

It is absolutely exhilarating to witness the thorough and
heartily-expressed enjoyment of crowded hoxses with the
representation of the magnificent extravaganza, which
reflects at once the most artistic combination of pictorial
skill, with a lavish expenditure controlled by a most refined
taste ; or to " laugh and weep by turns" at the admirable
delineation of Irish character by Mr. John Drew, who has
completely secured the applause of a London, as
ho had previously won the enthusiastic praise of a
Dublin audience. We have noticed Mr. Drew's
impersonations en previous occasions, and every successive
representation confirms our original opinion of his very
high qualities as an actor. Mr. Drew is now completely
at home with his audience, who thoroughly enter into the
life and soul of his unaffected humour. Besides—to parody
a well-known passage in Beaumon; and Fletcher—" he
carries with him an infectious grief (or gaiety, as the case
may be) which strikes all his beholders," and which is shared
in by those who are acting with him. The value of this in-
fluence can scarcely be overrated on the stage, and when we
use the conventional expression of a dramatic company,
" working well together,"'we pay the very best compliment
that can be paid to the organisation of the corps dramatique
of the Lyceum Theatre. There is a singular evenness of
tone, if we may be permitted the use of the expression, in
all the compositions which Madame Celeste has put upon
the stage of this theatre—not the evenness of inferiority, but
of a very high standard. In illustration of this, we direct
attention to the sedulous nicety which distinguishes all the
accessories of the extravaganza of " Crystabelle." It may
not be out of place, also, to note that although this
spectacle has now been on the stage for thirty nights,
the costumes of the ballet and the dramatis persona,
without exception, are as scrupulously delicate, and
without a soil, as on the occasion of the first representa-
tion. Not even " the crumpling of a leaf" out of place is
to be observed in the " Rose wltheut a Thorn." The
costumes of the Princes and of their valets are of most
artistic design, and we know of no theatre in London
where three such pretty princes as Miss Neville, Miss
Hudspeth, and Miss Stewart coUd be found, uniting so
much beauty and personal grace, with so large an amount
of dramatic ability. Miss Lydia Thompson, as the roguish
valet of Prince Expedient (Miss Hudspeth), is exquisitely
charming, and infuses into the part all that cspivlsrie, so
necessary to give vitality to the conception of the author.
Miss Turner, as the valet of Prince Finesse (Miss Stuart)
leaves no point untold ; whilst Miss Ternan, as the Princess
Chrystabolle, is unquestionably the most elegant and lady-
like representative of the " Majesty of the Extravaganza,"
on the stage. The subdued and unpretending tone which
this young lady infuses into the part of the Burlesque
Princess, and the Fairy Queen, Titania, stamps her as an
actress of great judgment and ability, in being able to
relieve two very different characters from the dan-
gerous vulgarity which might attach to them in
less skilful hands. The buffo ohamberlain of
Mr. Rouse is an admirable performance, and merits the
highest praise; and too much commendation cannot be be-
stowed on the very careful manner with which the con-
certed pieces were rendered by the vocalists, ably supported
as they are by a most efficient orchestra, under the judi-
cious baton of Mr. G. Loder. We should enlarge too much
our catalogue of praise were we to use every one according
to his or her deserts, but we must not omit to notice the
exquisitely graceful dancing of the two Misses Collinson,
who have achieved a perfect triumph at this theatre, or the
impression made by a youthful debutante, Miss C. Denvil,
a name inseparably associated with the representation of
ono of Lord Byron's most remarkable compositions some
years ago. This very young lady has a powerful contralto,
reading with correctness and judgment, and has a most
pleasing and engaging manner. Her reception has been
very flattering; and the little songs assigned to her have,
we understand, been nightly honoured with an encore—a
well deserved recognition of the ability displayed. With
so many, and such varied claims to the support of the
public, we are truly gratified to find that, at the Lyceum,
success has, indeed, followed merit.

LATE:,-3T NEWS.

(REUTER'S TELEGRAMS.)
AUSTRALIA.

PLYMOUTH, TUESDAY.

The Wellesley, Captain Smith, from Melbourne
on the 4th Nov., has arrived in the Channel, en
route for London. She brings 33,000 ounces of
gold. She landed 11 passengers. A great robbery
has been committed on board.

She left Melbourne November 4, rounded Cape
Horn December 13, and crossed the Line Decem-
ber 29.

Much ice, some of a very gorgeous appearance,
was observed in the South Pacific. One ice island
seven miles long was passed, and one berg grazed.
In fact, the ship was obliged to heave to on several
occasions to avoid collision.

The golddust brought by the Wellesley is 33,000
ounces, valued at .X 132,000, and with passengers
100 ounces, valued at £4OO.

The cargo consists of 1,274 bales wool, 114 casks
tallow, 42 casks hides, 269 bales leather, 59 bales
sheep skins, 2,550 bags copper ore, and 60 packages

right wish to maintain it undiminished. If, however, in
opposition thereto, the education of their children in the
public schools, and their religious worship, are denied to
them by vexatious regulations—if the Government appears
possessed of the wish to oppress the nationality of their
subjects of German birth—there can only evil consequences
arise. Should the German Diet endeavour to carry out
with force their resolutions of last March, as surely the
neighbouring duchy of Schleswig will become the scene of
agitation, perhaps of disturbances and insurrection. Then
the King of Denmark would himself make known the
value of such conditions on the Schleswig people, and he
might in their eyes be suspected of a breach of faith, and
might be open to the charge of having led an intelligent
and industrious portion of his subjects into an odious and
insubordinate position.

" Read this despatch in connection with the one addressed
to Mr. Lowther to M. Hall, and leave a copy with him.

" J. RUSSELL."
The Mr. Lowther alluded to was the British
representative at Berlin during the absence of Lord
Bloomfield, and to that gentleman his lordship also
addressed a despatch on the same day, but this is
not given in a complete form. It, however, is stated
to express Lord John Russell's opinion respecting
the rights of Germany in respect of Denmark.

TILE DISTUABANCES IN NEW
ZEALAND.

The following is a despatch from Sir G. C. Lewis,
Bart., to Governor Gore Browne, C. 8., on the sub-
ject of the disturbances in New Zealand :
Downing-street, July 26, 1860.
Sir,—l have received, and her Majesty's Govern-
ment has very carefully considered, your recent
despatches respecting the disturbances in New
Zealand.
The present posture of affairs I collect to be
this :—that William King and the Taranaki tribes
have receded from the immediate neighbourhood of
New Plymouth, discouraged apparently by Capt.
Cracroft's successful attack on the pah ; that no
other tribes have as yet declared themselves on the
side of the insurgents ; and that there is reason to
hope that none will so declare themselves.
But you point out as a matter of much import-
ance, that the position taken by the Waikatos is
one which if persevered in will be inconsistent with
the due maintenance of the Queen's authority in
the islands.
The reinforcements sent from other points of Aus-
tralia have raised the number of troops in New
Zealand to about 1,800 men, besides volunteers,and
a naval brigade of about 500 men, furnished from
the ships of war which are now on the coast of New
Zealand. There are now four, and will shortly be
five such ships.
Ido not, however, collect from your despatches
that any volunteers have offered to come forward in
aid of her Majesty's Government, except those per-
sons whohave armed in defence oftheir own homes,
or have been compelled to leave them.
Under these circumstances you and your advisers
request that three regiments of infantry and one
of artillery may be sant out, partly in order to pro-
vide against the possibility of a general rising of
the natives, and partly in order to enable you to
take, under any circumstances that may occur, a
commanding tone respecting the various questions
at issue between the settlers and the Maories.
The native secretary, I observe, has remarked
that with less than 5,000 troops (involving an ex-
pense of about £150,000 per annum) it would not
be possible to defend all the outlaying settlements
in the colony ; Mr. Richmond closes his able and
interesting Memorandum with the following
words :
" Justice, therefore, and humanity require that
England should freely recognise the onerous duties
cast upon her by the colonisation of New Zealand.
To avert such calamities as seem to impend, it is
indispensable to place at the disposal of the gover-
nor a military and naval force adequate to support
him in a policy of equal justice to the two races
which have been placed by Providence in a relation
to each other so singular and difficult."
I must at once say that in the present position of
affairs, and with the demand for troops which
exists, or may be expected in other quarters, it is
impossible for her Majesty's Government to comply
with your desire to receive 3,000 or 4,000 soldiers
in addition to your present force. Measures, how-
ever, have been taken to despatch the 14th Regi-
ment at once for the relief of the 65th, which will
be allowed to remain in the colony for the present
in case on the arrival of the 14th the immediate
danger should not have passed over. I trust that
it will have passed over, and if this should prove
the case, I cannot but believe that wise govern-
ment and prudent conduct on the part of the set-
tlers will do far more than increased military force
to maintain the relations between the Europeans
and natives on a satisfactory footing.
Meantime I must observe that although it is the
desire of her Majesty's Government to provide fully
for the performance of those duties which the coun-
try owes to her colonies, I cannot silently accept
what appears to be the colonial estimate of their re-
sponsibilities.

England cannot undertake the defence, against
a nation of warlike savages, of a number of scattered
farms or villages, selected not with any view to such
defence, but the profitable pursuit of peaceful in-
dustry, and subject to the risks which naturally
attend the occupation of land in the midst of an
uncivilised population.

Nor can fiei Majesty's Government undertake to
provide such a force as will secure the colonies
against prospective difficulties. Immediate and
imminent dangers must be met as they arise. But
the policy which requiries the continual presence
of a large force carries in most cases its condemna-
tionon its face.

What is the degree of protection which the in-
habitants of a British colony are entitled to expect
from the home government is a matter on which it
is impossible to speak in the abstract. It is no doubt
necessary to punish aggression, to defend the cen-
tres of population, to maintain a hold upon the keys
of the country. But beyond this the amount of as-
sistance given must depend on the demands to
which the military and naval forces of the country
are subjected elsewhere, and on the urgency of the
case, as shown not merely by demands for assistance
but by the disposition of the colonists to adopt their
share of the necessary expenses ; to incur for the
defence of their neighbours the dangers and incon-
veniences of personal service, and to place in the
hands of the Home Government the power of con-
trolling the treatment of those whom they are called
upon to subdue.
And I connot refrain from observing that neither
of your despatches nor Mr. Riehmond's memoran-
dum indicate any definite intention on the part of
the colonists to contribute to the expense of the
troops whom they demand—that the volunteering
appears to be confined to the particular localities
threatened—and that Mr. Richmond, while calling
upon the Home Government to adopt the expenses
of the war, does not even hint at the propriety of
investing it with any larger powers than they at
present possess for dealing with the native ques-
tion out of which these expenses arise. I may add
that a bill introduced into Parliament to provide an
effectual machinery for the exercise by the Crown
of the powers reserved to it by the Constitution Act
is threatened with a determined opposition by a
gentleman professing to represent the feelings of
the colonists.

This you will perceive on perusing a pamphlet
which I enclose in another despatch.
I allude to these circumstances not, of course, as
relieving the Home Government from the duty of
supporting the colony against a pressing danger,
but because they must materially affect the dispo-
sition of the British Government and people to un-
dertake that indefinite expenditure of blood and
treasure to which Mr. Richmond invites them.—l
have, &c., " G. C. LEWIS.
Governor Gore Browne, &c."

ALGIERS AND TOULON SUBMARINE CABLE.—We

noticed on a recent occasion the accident to the screw ship
William Cory by collision with the French frigate Gomer,
on the 15th December, when in the act of laying down the
submarine cable from Toulon to Minorca. On the evenir‘
of the 11th inst. the William Cory, after having underelle
the necessary repairs, proceeded from Toulon, accomr4nied
by the French Government corvette the Caton, in E.'arch of
the buoy which had been attached to the cablo after the
accident ; and four days after found it with thd flag shaft
and flag flying above. The William Cory waited orie day
for fine weather, and then picked up the buoy, which was
safely got on board. The rope att.ated to it was at once
connected with the steam-engine placed on board expressly
for the purpose, which was then put in motion, and in a short
time the rope was limited on board to a length of 1,000
fathoms, when suddenly it appeared to lose the strainwhich
it had been bearing, and when 400 fathoms more were
raised, the discovery was made that a kink had been formed
at which spot it had parted at a depth of
the depth of the sea at that point. It
the breaking of the buoy rope, which
hatot
sho
appears
fpabptuhe oaoyrms rsto,
hpaet,
beingby
was attached to the part of the cable that had been cut,
the cable itself is lost. This experiment relative to the
placing of a buoy, although not entirely successful, is a
very important fact in favour of deep sea telegraphs, hav-
ing established that a buoy and its necessary appliances far
the purpose of raising a cable, can be so constructed as to
survive most tempestuous weather for an indefinite period,
in water nearly two miles d'ep, thereby affording an oppor-
tunity for repairs in the event of an accident, whilst lay-
ing. It is firmly believed that the cause of the present
failure is at present so clearly understood that a remedy
against the recurrence of such an event will in future ope•
rAtigAs be adequately provided against.