The Sun.
London, England, 1857-05-11 00:00:00

TO TEE EDITOR OF THE SUN.

SIB,—In the d-bates touching the attacks made upon
General Ashburnham, Lord Pant-mire and ail who spoke
maintained that for a subordinate officer to publish
calumnies against his superior was a dangerous offence
demanding punishment—that an officer so doing was un-
fit to be employed.
This is talk. Mark theractice—
W hen Sir C. Napier was at the head of an army in
the field, and in most critical circumstances, Sir J. Out-
ran; then Colonel or Major Outran, published a letter
filled with shameful and shameless calumnies and in-
sinuations against Sir C. Napier. He told the soldiers
that their general, with an ignorance below that of a
subaltern, had moved them through pestilent marshes,
and thus wilfully, as well as ignorantly, caused the
frightful mortality which had •befallen them—in fact,
that he was their murderer ; and that no mistake might
.occur a 4 to his meaning, Baist, of the Bombay Times,
.repeating the accusation in that paper, actually de•
nounced Sr Charles as the " murderer of the soldiers."

Sir C. Napier, as shown :n his biograpby recently
published by me, demanded protection and redress from
the highest military and civil authorities. He got no
redress. How was he met ? He was told.by Lord
Ripon that such attacks were wholesome stimulants
to zeal ; and the practical c.imment was the appointing:
of Outram to a most lucrative post—one far above what
hie rank gage him any title to hold.
It would seem that to assail one of Lord Pannture's
appointments gives - a totally different aspect to such
matters. W. NAPIER, Lieut.-General.

SIR WILLIAM NAPIER AND MR. WIL-
LOUGHBY, M.P.

TO THE EDITOR OF THE SIIN.

SIR, —I have not willingly entered into the arepa of
discussion between Sir Wm. Napier and Mr. Willoughby.
I am sorry to say that I have not had time even to read
the book which has caused the dispute ; and know little
or nothing of the matter. The quarrel with „dr. Wil-
loughby, however, is on the part of my late father-in-
law, and not with Sir Wm. Napier, and as the latter has
declined to take any notice of Mr. Willoughby, and
proofs were put into my hands, I thought it just and
right towards the late Sir Chas. Napier to make use of
them in defence of his memory, and request you will do
me the favour to make the same public.--I am, &c.,
May 9. M. I\I‘MURDO, Colonel.

[Copy.]
TO J. P. WILLOUGHBY, ESQ
Sir,—l have perused with astonishment the following
sentence in your letter to Sir Wm. Napier, in the Times
of yesterday, regarding your cond.ict towards my late
father-in-law, Sir Chas. Napier :—" I can assert, with-
out fear of contradiction, that I never wrote, or procured
to be written, a single line in condemnation of Sir Chas.
Napier's proceedings in India, either in the Bombay Times
or in any other newspaper. Under great provocation
(for I was frequently myself attacked), I stuiiuusly
avob'ed all anonymous controversy in the public press;
and I challenge you to show to the contrary." Your
object in the above sentence is, evidently, to convey an
impression to the public that you in no way aided, en-
couraged, or participated in, the various attacks which
were published against Sir . Napier in India. But it has
been stated, nn authority which I cannot doubt, namely,
that of Dr. G. Ogilvy, the self-acknowledged writer and
transmitter to the press of some of the principal of these
attacks, and more particularly of one published under
Lieut.-General Outram's name, that not only were you
in frequent communication with him, epistolary and
through others, on the subject of them, but that a copy
of the most elaborate and vindictive of them was actually
submitted to you for revision, and that you did re-
vise it, using your • • • 's hand, instead

of your own, ter the express purpose of avoiding the
possibility of detection. Even the name of this amanu-
ensis was given by him.
Now, it is impossible to suppose that Dr. Ogilvy,
who, though a violent opponent of Sir Charles, bears
the character both of an honourable man and a sane one,
could have invented, with all its c;rcums,ances, so extra-
ordinary a sta.ement. I can only, therefore, infer that,
true to your instincts, you have not hesitated to try and
escape from a dilemma by what, if not an absolute false-
hi.od, is at any rate a quibble of the most contemptible
kind. As, at the close of your htter to Sir Wm. Napier,
you say you are but little known in this country, I hope
that the publication of this letter will show that you are
to be as little trusted.—l am, sir, your obedt. servant,
M. M‘MnEDO, Colonel.
55, Victoria-street, May 1, 1857.

India House, May 2, 1857.
Sir,—When calumniona imputations on my character
were inserted in a book of the pretensions of Sir William
Napier's recent publication, I met those imputations by
a direct denial addressed to their promulgator, but I do
not feel called on to enter into a controversy, either pri-
vate or public, with any connexion or follower of his
who may think fit to address a letter to me reiterating
charges which I have unequivocally denied. I content
myself with repeating my defiance to Sir Win. Napier
to disprove any one of the statements contained in my
letter of the 28th ult.-1 am, sir, your obedt. servant,
Col. M`Murdo, C.S. J. P. WILLOUGHBY.

NEW GOLD FIELD DISCOVERED IN' GREAT BUD-
WoRTII, CHESHIRE.—There have been several ounces of
gold dust disc.rivered, also a large nugget, value 631., in
Great Bud worth, by the workmen employed in erecting
a new school-house, on the property of Mr. R. G. a
Warburton, and from all appearance this new field bids
fair to beat the Australian and Californan gold fialds,
arid Great Budworth will be indeed great should this
discovery prove to be as great as is expected. Provisions
are already on the rise, and the inhabitants are pre-
paring to receive lodgers. There is no deception in the
quality of the gold, as Mr. Wallace, the curate, for-
warded a nugget to London to be tested, and it is re-
turned as pure gold. Mr. R. a a Warburton bas in-
spected the large nugget, also Mr. Joseph Donald, his
agent, and numerous other parties. The gold is lying at
Miss Beecroft's for inspection, and that highly esteemed
and amiable lady will be happy to give every facility
and information to persons wishing to inspect-the same.
--TV-aril/791'M Guardian.

" Art. 2, The capital of the Bank, now represented
by 91,250 shares, will be henceforth represented by
182,500 shares, each hearing the nominal rains of

0001, not inolnBive of the reserved fund.

" A. 4. 3. The 91,250 shares newly created will Le
exclusively assigned to the owners of the 91,250 shares
now extant, and they will have to pay the price of them,
at the rate of I,loof. per share, into the coffers of the
Back, in quarterly payments, within the space of one
year at the latest, dating from the promulgating of the
present law.

" The time of the first payment, and the conditions
on which the shareholders can be admitted to anticipate
the ulterior payments, will be fixed by a decision of the
Bank.

" Art. 4. The produce of these new shares will be ap-
plied, unti± it amounts to 91,250,0001., to the formation
of the capital determined by Art. 2, and as for the cur-
pluQ, to the augmentation of the reserve fund now exist-
ing.

" Art. 5. Qf this produce, a sum of 100 millions will
be paid into the public treasury in the course of the year
1859, at such periods.se shall be agreed upon by the
frltuidter of Finance and th73-13,t0k.

" This sum wilt be employed to diminish any over-
drawn accounts against, the Treasury. _ _ _

" The Minister of Finance will transfer to the Bank
at the rate of 75f., and in the Three per Cent. Rentes
derived from the Caisse .d'Antortissement, the amount
of Rentes necessary fur the employment of the said
sum of 100 millions.

" A sinking fund of per cent. of the nominal
capital of the said R,mteil shall be added to the amount
held by: the Caine d' Amor tinement.

"Krt. 6. Toe faculty accorded to the Bank of making
advances on Frecch public securities, on French rail-
way shared and debentures, is extended to the deben-
Mires issued by the Company de Crdlit Foncier of
France.

"The general arrangements for regulating the mode
of carrying* Out the preceding paragraph will have to be
approved of by a decree.
_ . _

The B4uk of France, should circumstances
require it, may add a charge for commission to the rate
of its discounts and advances.

"Art. 8. A public Administrative regulation will
determine with regard to such shareholders as may
make default or fall into arrear in, their payments, the
measures required for the execution of the present

Project of a Treaty between_the Public Treasury and

the Bank of France,

" Art. 1. The interest due upon the Rentes,' which
shall be delivered into the Bank, in execltinn of the
law decreeing the augmentation of its capital, will
eominence from the first day of the half year following
the delivery of these •Rentes, save conversion into.
bonds, at. the Bank at the rate of 4 per cent. per
annum for interest on the time comprised between this
period and that of the payments.
"Art. 2. In return for the advantages accruing to the
bank from what it receives upon the running account of
the disposable ai.sets of the Treasury, the Bank engages
for the whole term of its charter to advance to the Trea-
sury, as its occasions may recuire, sums that may,
amount to eighty tnillionS, inclusive of the fifty-five`
millions not yet reimbursed of the loan prolonged by the
treaty of March 3, 1852.
"The maximum of these advances will be reduced to
sixty millions, by means of the yearly reimbursements
stipulated in the said treaty,
" Treasury bonds, renewable every ,three months,
will be delivered' at the Bank as security on these ad-
vances. _ _

"Art. 3. The sums that shall be debited to the Trea-
sury by virtue of this convention_ will be compensated,
until balanced, by those that form the credit of its ac•
count current, either at Patio or at its branches, in such
a manner that the interest due from the treasury shall be
calculated, each day, only on the balance for which it
may actually be debtor.
"Art. 4. The interest of the account current thus
establisked shall be regulated according to the scale
fixed' by the Bank for 'discounting paper in the market,
but it must not exceed 4 per oent,
"Art. 5. Should the Treasury withdraw its assets
from the account current, the Bank would be released
from the engagement it enters into by the present
treaty."

AQUATICS.

ROYAL LONDON YACHT CLUB.

The opening trip of the above club took place last Sa-
turday, and was, as usual, a most spirited and agreeable
affair. The yachts of the club, headed by the Commodore
Mr. J. Goodson, who hoisted hisflag on board the Coral
Queen, a beautiful schooner, placed at the disposal of
the club by Mr. W. Tomlin, her owner, assembled at
Black wall at 4 p.m., and proceeded to Erith, against a
dead noser. We noticed amongst the craft afloat the
Rear• Commodore's (Mr. Kirby) Violet, the Argonaut,
Petrel, and several others. On arriving at Erith the
c:ub dined, with between 40 and 50 members present—
the commodore presiding, and the vice occupying the
chair. The toasts proposed were, as usual, of a loyal and
patriotic character, after which the worthy commodore
gave "The Royal London Yackt Club," associating with
it the name of Mr. Reynolls, one of its members, and
from time immemorial one of the greatest supporters of
both yachting and rowing. These toasts were succeeded
by others, well timed and ably responded to, and the
party did not separate till a late hour.