The Sun.
London, England, 1857-04-16 00:00:00

APRIL 16; 1857,

PHAUVIAN BONDS.

The f vilowing le ter relat-s to a attempt
!ikely to be made to obtain introduction on the
Lcurclon market of those portions of the home debt
of Peru winch have long been celebrated for their
questionable origin. The temptation to be offered
is said to bo au increase of 2 per cent, on the sinking
fund of the English debt; but the precedent would
be bad, and should be resistol. If the existing
Peruvian Government, notwithstanding their former
determination to the contrary, choose BOW, for
reasons known to themselves, to recognise, these
liabilities, they can do so, and pay the proper rate
of interest upon them at home. The fact of their
having them represented by sterling bonds shows
that the object is to get rid of them here—a result
which would operate on our market just as if the
amount were raised by a new loan :
"Sir,—The last advices from Lima state that General
Cistilla had signed a decree acknowledpring the iniqui-
tous Increase of the internal debt.underEchenique, and
the conversion of 11,000,000 dollars of that debt into
2,200,0001. of sterling bonds.
"It was to oppose the' introduction of these bonds,
which the Government and agents of Peru had so treach-
erously converted, and were endeavouring to put on this
market, to our great injury, and to take such other mea-
sures as might be deemed necessary, that a committee
was appointed on the 11th of January, 1854, of which
Mr. Richard• Thornton is chairman.. To the vigilance
and strenuous exertions of that committee we owe the
defeat of the various attempts first made with those in-
teral bonds, as well as the increased sinking fond we
have on our own, and if the committee had been pro-
perly supported by us no doubt our legal right of five-
eighths of the proceeds of guano sold in this kingdom
(which by this time would have, iquidated more than half
the debt owing us) could have been obtained ; ani the
payment of the interest, and purchases for the sinking
fund, as also some minor points, placed on a more satis-

factory footing than they now appear to be to the general
body of the bondholders. But instead of giving those
representatives the support they deserved, we suffered
them to be insulted at a meeting notoriously packed by
parties well known to have for their sole object the circu-
lation of the intrusive bonds, and who, after the adjourn-
ment of that meeting, constituted a committee f.,f their
number, which obtained the name of the New Com-
mittee.'

"Annoyed. as the Old. Committee must have been at
our culpable neglect in not supporting them against the
machinations of a. cabal opposed to our interests, they
deserve much• praise for•not having thrown up our cause,
and for resisting the two attempts which the New Com-
mittee made to obtain an •official. quotation of the ob-
noxious bonds. Nor among our obligations to them can
be forgotten their opportune protest inzur behalf against
the acts of the New Committee, thus maintaining our
right to five-eighths of the guano proceeds, which would
otherwise have been lost through the suicidal resolution
Passed at a meeting held by the New Committee, accept-
ing the present sinking• fund as final.
"Oar actual position is most unsatisfactory, as well
as dangerous. No one can doubt that renewed efforts
will now be made to circulate the spurious bonds in this
market, and it is essential to .our interests and to that
of the British public that such attempts be opposed, no
:matter by whom made, or however plausible the pretext
'or bait offered; for we•need no new lesson& in Spanish-
'American faith. Nor should we forget that our present
sinking fund has not yet received the sanction of any
,Peruvian Congress. • •
"Our old triends have evidently continued to watch
over "our interests; butt understand that, tired of the
unthankful task they accepted, as well as of the'expen-
diture of their time and money, they have long wished
to resign, and it is not to be wondered at.
"As we have no right to • expect the Old Committee
to persevere in our behalf- after the treatment they
have -received it. behoves us to lose no time in ap-
pointing men of efficiency, knowledge,, and fidelity to
enforce our legal rights and confront the imminent
danger we are exposed to. • An internal debt of some
27 or 28 —millions of dollars, an external one of
about 4i millions of dollars, and our own debt of
nearly 4,000,0001. sterling (no trifling total for a popula-
tion of less than two millions, two-thirds Indians), a
costly naval force, without native seamen to man it, and
of but little utility, a
,staff of military officers sufficient
for an army of 1501,000 men, the chief 'industry of the
country (mining) in decadence, an internecine warfare
wasting its resources, and which, if now put down, may
again soon spring up when there are so many greedy of
the spoils of the State, and 'a rapid diminution of the
deposits of guano, which are in the hands of an insur-
gent force—such is a sketch of the actual position of
Peru; and let us, old. bondholders, beware lest, before
our debt is•extinguished, we learn that a few bare rocks
alone remain to show where our principal, and probably
only, security was. .
" London, April 15."

AN OLD BONDHOLDER.

LYONS AND MEDITERRANEAN RAILWAY.

The Journal des Chemins de Per, referring to the ar-
rangement entered into for the amalgamation of the Lyons
and Mediterranean railway, says :—" In our last number
we indicated the basis on which the amalgamated capital
was to be• constituted and divided ; but if we were per-
fectly correct in stating that the Mediterranean shares
would serve as the type and would be divided into two,
whereas the Lyons Company would receive six shares of
the amalgamated company for four of its pre-
sent one, the same was not the case with re-
spect to the aggregate of the capital. New capital
is to be formed, first of 90,000 Mediterranean shares,
divined into two, or 130,000 in all ; and next, of
265,000 Lyons shares, which, being divided in the pro-
portion of six new for four old, rive 397.500, or, for both
the •companies,• a total of 577,500. It is asked what
will be the probable revenue f)r the new shares, and in
what proportion the new lines which are to be construct-
ed, and the reductions of tariff which are imposed on
them, may modify the future fortune of the amalgamated
company. As capital, in taking as the starting
point the present quotation of shares, wo will filet
establish the price of the new share :—For the Medi-
terranean, at the price of 2,150 Fr., with a dividend
of 851 r. due in a month, which reduces it to
2,065 fr., the value of the share at the present time,
the price will be 1,0321 r. 50c. For the Lyons, in
taking for basis the quotation of 1,530 fr. and deducting
the dividend to be received of 50E, the price of the share
will be 1,5301., or 6,120 f. for four shares, consequently
the new share only represents a value of 1,020 f. As to
the probable revenue, it is necessary, in order to estab-
lish it, to examine in the first place what was the pro-
duce for 18.r:6. • A Mediterranean share produced in that
year 1101. ; four Lyons shares at 75f. each, 300 F., making
together 410 f., which for eight new shares represents
52f. 50c. each. For 1357 the probable revenues are,
according to the receipts—for one Mediterranean
share 140 f., for four Lyons shares (1001. each), 400 f.,
making together 540 f. for eight new shares, or 67f.
50c. each. These calculations are not founded on
mere hypothetical provisions, and represent only
the minimum revenue to be hoped for, thanks to
the system adopted for the construction of the lines,
which have been conceded in exchange for the amalga-
mation, and by the approaching absorption of the Grand
Central. In the first place, the company is authorised
to issue bonds for the amount of the new works con-
ceded to it. A special account will consequently be
opened for all the works relative to tba new lines, and
that account will be debited not only with the expenses
of the Construction, but also with the interest of the
bonds which will have been successively issued. No
charge will, therefore, for ten years be imposed on the
revenues of the amalgamated company, which, on the
contrary, will every year see its receipts augmented by
the increase of the traffic, resulting from the completion
of new sections and their junction with the line from
Paris to Marseilles."

SINGULAR CASE OF MESMERISM.

The young woman in •this—town • (Galashiels)
whose extraordinarylcise has excited the liveliest
attention in the medical world and .thtouohout the
country' is now quite recovered, and- restored to the
use of her faculties, mental as well as physical. In
the beginning, of June 4st the girl4.'whose age was
17, was`seized with a severe gastric fever, which
left her in a very prostrate condition, during which
she was attacked with -a violent spasmodic cough,
which lasted without intermiision for 24 hours.
Dr. Tweedie„ seeing that she would die from sheer
weakness—alter he hadexharisted:all the remedies
in the ,l'harmacopoeia—resolved upon trying mes-
merism. After much .perseverance he succeeded
in putting the patient into a. sound sleep, which
controlled the spasms: 'The character of the
disease was then changed. 'The patient fell into
a trance, in. which slip remained for five weeks,
during which -time she was unconsciously fed with
beef te being me,thanically roused to this exertion
through maiineric passes foreight• weeks more she
remained under the magnetic influence, any attempt
to remove it even for . the briefest time being in-
stantly followed by strong convulsions. Gradually,
however, she was able to be demesmer'sed for the,
'space of a few minutes; till, by degrees, the natural
period extended from 5 to 10• minutes, arid from a
half-hour to. two or three hours. The intervals in
the end rapidly lengthe.ned,. till she at last com-
pletely recovered.. The first night she slept in a
natural state was on the 15th of •March, and her
rec very since that has been rapidly progressive.
Altogether, the processof cure extended over nine
months, and during that time.—her hearing, speech,
and ability to walk having been loStthese were re-
stored seriatim by the magnetic process, and in the
same gradual way. Full power of hearing was pre-
ceded by noises in the'ears Of various kinds, and at
longer or shorter intervals. In like manner 'speech
was prece dedby moaning sounds and in distinct mono-
syllabic utterances, until, in both instances, the
full action of the organs wasrestored—the recovery
taking. many weeks to be accomplished. We do
not advert ,to the extraordinary developments-of
clairvoyance and other magnetic effects which the
patient exhibited in a way probably never seen be-
fore and which she is still capable of Showing. A
ratherremarkable and even ludicrous circumstance'
attending her recovery is that en meeting Dr.
Tweedie in the street atter she began to walk
abroad she immediately fell into the magnetic sleep,
and it was not till she had fairly been brought to
dispense altogether with mesmerism to induce sleep
at night that this influence of the •operator ceased.
Of course she is still Lighly-slisceptible of the power
when applied in the usual way,. but in every re-
spect she is well and healthy, and has even grown
during her illness. We may remark that during
her protracted attack she always appeared to be
free from organic disease ; the skin was clear, the
lips full and I ed, and the complexion healthy, not-
withstanding the terrible severity of the convulsive
spasms.—Border Advertiser:

Tii 1 SUSPECTED• CASE OP POISONING
'AT •GLASGOW.

M. L'Angeffier resided in Dundee for nine months in
1852, and was consequently Well known to many parties
in the'town...with .whorn, he was on terms of intimacy,
and who heard with regret of his sudden and untimely
end. According to the statement of those who were
acquainted with him here, he was born and bred in
Jersey, and-was therefore not a Frenchman, as has been
stated ; but he was of Frenei extraction, his father
having fled from France at the period of the first revo-
lution, and settled in Jersey as a nurseryman. His
.father dying, the business was carried on fur the benefit
of hisanother, and young L'Angellier was sent to Edin-
burgh with.tbe view oi.gaining the necessary experience
as a nurseryman to enat.le him to conduct the business
successfully in Jerm-y.. He obtained a situation in the
establishment of Messrs. Dickson and Co., seedsmen,
which he held for upwards of six years. He then went
to France,.where he spent about two years ; and he was
in Paris at the time of the revolution in 1843. He sub-
sequently returned to Edinburgh, but was not successful
in obtaining, a situation on this his second visit, and
indeed it is believed • he 'did riot seek one very
anxiously, as he: was then somewhat gay in his habits,
and by no means remarkable for his devotion to
business. —He hid contracted an, attachment with a
young lady belonging to Fife, and. residing at the time
in Edinburgh ; but from some cause or other—it is
believed owing to the lady's• want of faith in his ability
to undertake Coe responsibilities of married life—" the
course of true love" was interrupted, and L'Angellier
left Edinburgh in January, 1852, for Dundee, where he
obtained a situation with Mr: Laird, nurseryman,
Nethergate, with whom he lodged during his nine
months' residence here. g..L'Ai3gellier had not been:
long in Dundee when news arrived of the marriage of
his sweetheart, which filled him with grief, and for some
time he was uncommonly melancholy, declaring that he
was , miserable and wretched on account of his blighted
hopes. Indeed so much did he feel this disappointment
that he at one time threatened, in the hearing of more
than one person, to onnimit suicide—even threatening to
stab himself with a knife—a 'fact which is considered of
great importance in connection with the present case, as
it shows that it was by no means anincredible thing that
a young man of such excitable temperament might, while
smarting under a love, disappointment, actually commit
the rash act.which, under similar circumstances in Dundee,
he had threatened to do. It is also reported—although we
have not been able to. verify the statement—that in an-
other instance, when not so successful in a love affair as
he desired, he threatened to-drown himself. Indeed he
is represented by all who knew him as being of a roman-
tic, excitable, thoroughly Gallican temperament; either
greatly elevated or dejected, exceedingly happy or ex-
ceedingly miserable ; lively, frolicsome, and ambitious to
make conquests-amongst the ladies in a station far above
his own. He was very prdtid of his family descent, and
fond of talking of the counts, marquises, and dukes of
the-old French nobility to whom he was related, but
when in Dundee was so poor that those to whom he
spoke of his high connexions used to joke with him, and
say it was a pity his. aristocratic friends did not remem-
ber him.. The parties here most intimately acquainted
with the youth at once wrote to the young lady's father
on learning from the pipers the nature of the charge
against her, and a legal gentleman from Glasgow has
already visited Dundee, and collected such evidence as is
considered material for the defence.—Dundee Advertiser.

THE FATAL ACCIDENT IN LITTLE RUSSELL-PLACE.—
DEATH OF ANOTHER OF THE SUFFERERS.—lnformation
was forwarded yesterday evening to Mr. Bedford, the
coroner, stating that John Shaen, the man whose thigh
was amputated immediately after being extricated from
the ruins, had died in King's College Hospital during,
the afternoon. He had been in a state of utter pros-
tration from the time of his arrival at the hospital until
his death. The inquest, which was adjourned on Mon-
day upon the body of Fitzgibbon, and stands for Friday
next (to-morrow), will have to be opened de nose, in con-
sequence of this man's death. Au official examination
has been made of the ruins, and the jury have also in-
spected the locality since the last hearing of the case.
EXTORTIONS OF GOOLAE SING.—A friend writing from
Murree on the 26th Feb., says that Goolab Sing is in-
creasing the burdens of the people to such an extent that
the inhabitants of villages are emigrating in great num-
bers, and taking refuge in the British territory. A tax is
levied on every child born—ten annas fora boy and eight
for a girl For every buffalo two rupees and eight annas,
besides five seers of ghee, and in the event of the ani-
mal's dying, the skin has to be shown to Goolab Sing.
At the death of any relative or connection of Goolab
Sing the people are compelled to mourn for six months ;
the women are not allowed to spin cotton, and the
Hindoo men are obliged to shave close ; on such occa-
sions as the birth of a child to any relative, or on the re-
covery from sickness of anyone of them, Goelab Sing cuts
from his servants (including troops, &c.) one month's
pay as a sign of his joy ! • On the marriage of a girl he
takes three rupees, and en the re-marriage of a widow
five rupees. He will only receive Naukshaee rupees,
but pays in Cashmeeree ones—value about eight 'annas
each ! The above little facts speak volumes. But how
long will such a state of affairs be allowed to continue ?
Oude was annexed because it was misgoverned. Is
Cashmere, or rather Goolab, to escape ? The unhappy
people are oppressed beyond all endurance. Bribery and
extortion reign, no woman is safe if she is so unfortunate
as to possess beauty, and no man's property (to make a
bull) is his own.—Lahore Chronicle.
DREADFUL RAILWAY ACCIDENT.—On Monday evening
shortly after the 5.50 express • train from the north
arrived at Stafford, a melancholy accident happened to
one of the men in the service of the London and
North-Western Railway Company, whereby his head
was completely severed from his body. The unfortu-
nate man's name was Win. ltl.Tabe, a person of con-
siderable engineering skill, and who, in consequence
of his ability, and the loss, .through an accident on
the line 16 years ago, of one of his legs, had for
many years bean intrusted with the management of
the engine-shed at the station. On Monday evening,
immediately after the north express had passed the
bridge where the Shropshire Unisn Railieay runs into
the main line, an engine drawing a number of empty
ballast aggons arrived at the spot, and, after passing
the junction of the liner!, stopped to put down a man
who had had his band smashed near Norton Bridge
Station, and who was conveyed through New Town
to the infirinary. at Stafford. Just at this moment
M'Cabe, who had but a few minutes previously left
his home, was standing on the line noticing a train
shunting into a siding, and about ten yards in front
of the ballast train, when the engine of the latter
train was again put in motion, for the purpose of
proceeding towards the station, which M'Cabe ob-
served just before it reached him • but in attempting
to make his escape • the outside of the buffer
of the engine caught him, and knocked him back
again into the "four-foot" space between the rails, when
he fell with his head across the rail. The wheel of the
engine pushed him before it a short distance, and then
Passing over his neck, decapitated him. His son, a very
steady young man, also .employed by the company, wit-
nessed the sickening spectacle, and puling off his coat,
threw it over the lifeless head of his parent, which was
carried forward a distance of five or six yards. As
speedily as possible the mangled body of the deceased
was conveyed to an adjoining public-house, where it

awaits the issue of a coroner's inquisition. McCabe was
well. nown and respected by all the authorities and
officials on the line. He leaves a wide* all ► six children.
—Manchester Guardian.