The Sun.
London, England, 1861-02-15 00:00:00

THE SUN, LONDON, FRIDAY EVENING, FEBRUARY 15, 1861.

(FA'T'HER KEMP'S OLD FOLKS' CONCERT
L COMPANY from AMERICA, consisting of
THIRTY LADIES and GENTLEMEN,
with their New England Orchestra, all of whom will appear in
COSTUMES of ONE HUNDRED YEARS AGO,:
and render in their unique, peculiar, and popular style, gems
of Ancient, Sacred, and National Airs. First Appearance in
London of Emma J. Nichols, the favourite young American
Vocalist.
ST. JAMES'S HALL, PiczadiIIy,.THIS.EVENING, and
Every Night during the week.
MORNING PERFORMANCES
on WEDNESDAY and SATURDAY, at Three o'Clock.
Admission—Stalls, 3s. ; Area, 2s. ; Gallery, ls. Doors open
at Half-past Seven. Concert at Eight. Tickets may be had
of the principal Musicsellers and Librarians, and at Austin's
Ticket Office, 28, Piccadilly.

MR. W. S. WOODIN'S NEW ENTERTAIN-
MENT, the CABINET of CURIOSITIES, POLY-
GRAPHIC HALL, Ring Wit lam-street, Charing-cross,
TO-NIGHT, and EVERY EVENING (except Saturday), at
Eight. Private boxes, £1 ls. ; Stalls and box stalls, Is. ;
area, 2s. ; amphitheatre, is. • A plan of the stalls may be
seen, and seats secured (without extra charge), at the Box-
office, from 10 till 4. Morning Performance, Saturday, Feb.
16.

A RGYLL ROOMS. - GRAND MUSICAL
ENTERTAINMENT,
with the Celebrated BAND, Forty in number (established
eleven years), chosen from the Philharmonic Concerts, Royal
Italian Operas, and the Household Troops. Conducted by
Mons. Lamotte. Cornet-a-piston, M. Boulcourt.—Dancing
at Nine o'clock.-Is. admission.

MITE NATIONAL ASSEMBLY ROOMS,
High Holborn.—The most elegant entertainment in
the world. The dancing area is most extensive. The reading
and smoking rooms on either side of the spacious galleries are
replete with every comfort, and the refreshment rooms at-
tached to the ball room are unrivalled even by Oriental
beauty. The wines, ttc., arc of the highest quality. The
band, directed by Mr. Packer, stands alone for its excellence.
Admission, ls.
N.B.—Mr. W. M. PACKER'S Annual BENEFIT BAL
MASITUE is fixed for THURSDAY, 28th Feb.

ROYAL INSURANCE COMPANY,
FOR FIRE, LIFE, AND ANNUITIES,
No. 29, Lombard-street, London, E.C.; L
and Royal Insurance
Buildings, Liverpou

CAPITAL-TWO MILLIONS.

quartermaster-general at head. quarters, by the Duke of
Cambridge.
Ensign John Ingle, by Colonel Evans.
Major-General Sir John Inglis, by the Duke of Cam-
bridge.
Lieutenant-Colonel Inglis, on appointment 9th Regiment
by the Adjutant-General.
Lida. H. Inglis, on return.to India, by the Secretary of
State for India.
General Jervois, on promotion, by the Duke of Cam•
bridge.
Mr. Vaughan Johnson, by the Lord Chancellor.
Vice-Admiral Hope Johnstone, on appointment as com-
mander-in-chief at the Nore, by the Duke of Somerset.
Lieut.-General Sir Harry Jones, on promotion to lieut.-
general and appointment as colonel commandant Royal
Engineers, by the Duke of Cambridge.
Major Hon. H. F. Keane, on appointment as assistant
adjutant-general Royal Engineers, by the Duke of Cam-
bridge.
Ensign G. Kinloch, on appointment 2d West India
Regiment, by the Adjutant-General.
Lieut.-Colonel Kinleside, by Lieut.-Gen. Sir G. Pollock.
Major Charles F. Kirby, by Lord Herbert.
Major-Gen. Lewis, on promotion, by the Duke of Cam-
bridge.
Major Alfred Light, by Major-Gen. Sir R. J. Dacres.
Mr. Henry Brougham Loch, secretary to the Earl of
Elgin, on his return from China, by Lord John Russell.
Captain W. G. Luard, R.N., by Vice-Admiral W. J.
Hope Johnstone.
Mr. Sheriff Lusk, by the Right Hon. Sir G. C. Lewis,
Mr. Acheson Lyle, by the Right Hon. Ed. Cardwell.
Rev. Chas, Mackenzie, by Mr. Sheriff Lusk.
Lieut.-Colonel F. C. Maude, C. 8., V.C., on promotion
and return from India, by Colonel Chas. Bingham.
Ensign T. M. Maxwell, by the Adjutant-General.
The Lord Mayor, by Lord Palmerston.
Mr. F. Otway Mayne, on. receiving the Order of the
Bath, by Sir C. Wood.
Lieut. D. J. M'Grigor, by Major-Gen. Sir R. J. Dacres.
Lieut. J. E. M'Neale, on appointment to Royal Marines,
by Major-General Wesley.
Captain W. R. Mends, R.N., C. 8., ,on his appointment
as Deputy-Comptroller-General of the Coast Guard, by
the Duke of Somerset.
Lieut.-Colonel J. Metcalfe, late Interpreter and A.D.C.
to the Commander-in-Chief in India, by Lord Clyde.
Lieutenant G. F. Munro, on return from foreign ser-
vice, by Major-General Wesley.
Rev. Evan Nepean, on his appointment to a! Canonry at
"Westminster, by Viscount Palmerston.
Colonel Newton by General Lord Clyde.
Mr. G. B. Newton, on appointment Assistant-Surgeon,
Royal Marines, by Major-General Wesley.
Lieutenant-Colonel H. Wylie Norman, C. 8., on ap-
pointment as Assistant-Military-Secretary, by the Duke of
Cambridge. -
Lieut. T, P. Norton, on promotion by Major- General
Wesley.
Lieut.-Colonel St. George Ord, on appointment to the
government of Bermudas, by the Duke of Newcastle.
Major-General Lord Frederick Paulet, C. 8., on promo-
tion and being appointed inspector-general of nsilita, by the
Duke of Cambridge.
Captain Pemberton, A.D.C., by Brigadier-Gen. Brook
Taylor.
Colonel E. H. F. Pocklington, on appointment as assis-
tant-quartermaster-general at head-quarters, by Major-
General Sir R. Airey.
Hon. Wm. Proby, on his marriage by Lord Proby.
E. A. Reade, C. 8., by the Right Hon. Sir C. Wood.
Lieut. A. L. Ricardo. on appointment to Grenadier
Guards, by Colonel Hon. James Lindsay.
Lieut. E. T. Richards, on appointment Royal Marines,
by Major-General Wesley.
Lieut. J. Ritchie, by Major-General Sir R. J. Dacres.
Capt. C. P. Roberts, by Major-General Sir R. J. Dacres.
Rear-Admiral It S. Robinson, on promotion and ap-
pointment to be controller of the navy, by the Duke of
Somerset.
Rev. A. Dalgarno 'Robinson, by the Bishop of London.
Ensign M. Rosamond, V C., by Sir C. Wood.
Mr. T. W. Saunders, on his appointment as It ecorder of
Bath, by the Right Hon. Sir G. C. Lewis.
Major-General Hon. Sir J. Yorke Scarlett, on appoint-
ment to colonelcy of sth Dragoon Guards, by the Duke of
Cambridge.
Mr. Tal. P. Shaffner, of Kentucky, by the United States
Minister. _

Rear Admiral Smart, on hoisting his flag in the Channel
fleet, by the Duke of Somerset.
Ensign Wm. Chas. Smith: by Colonel Ewart.
Lieitt.-Colonel T. H. Smyth, by Major-General Sir R.
J. Dacres.
Colonel E. Selby Smyth, late Deputy Quartermaster-
General Cape of Good Hope, on return home, by Major-
General Sir R. Airey.
Colonel Sparks, by the Adjutant-General.
Rev. J. Spence, by Mr. Alderman and Sheriff Abbiss.
Lieut. Edmund Stephens, by Sir John Burgoyne.
Captain Jas. Stopford, R.N., on being appointed naval
A.D.C. to her Majesty, by the First Lord of the Admiralty.
Major W. J, 0. Stuart, on promotion, by General Sir J.
Burgoyne.
Lieut. George L. Sulivan, on appointment to her Ma-
jesty's yacht Victoria and Albert, by Captain Hon. J.
Denman.

Lieut.-Colonel Hon. W. P. Talbot, on his marriage, by
the Earl of Derby.
Captain Thaekeray, by the Adjutant-General.
Lieut. R. D. Tully, on appointment Royal Marines, by
Major-General Wesley.
Colonel Twiss, by General Sir J. Burgoyne.
Brevet-Major F. S. Vachar, on return. from India, by
Major General Sir R. Airey.
Captain Chas. Vosey, R N., by Sir J. J. Hamilton.
Mr. R. C. Watford. by the Maris of Salisbury.
Rear-Admiral Sir Baldwin W. Walker, on appointment
as Commander-in-Chief of the Cape of Good Hope station,
by the Duke of Somerset.
Cornet 11. J. Wallace, by Rear-Admiral Sir B. Mac-
narn ara:
- -

Colonel A. S. S. Walsh, on being nominated a Cora-
panion of the Bath, by Major-General Wesley.
Lieutenant-General Ward, on promotion and appoint-
ment as Colonel Commandant Royal Engineers, by Gene-
ral Sir J. Burgoyne.
Lieutenant E. J. Westby, on return from foreign service,
by Major .General Wesley.
Mr. G. Whiting, on his appointment as one of her Ma-
jesty's Commissioners of Lieutenancy of London, by the
Lord Mayor.
Mr. llenry Whyte, by Colonel Daniell.
Dr. Williams, on promotion, return from India' and ap-
pointment as Principal Medical Officer in Ireland, by Dr.
Gibson.

_
Mr. Willis, by Vice-Chancellor Sir Page Wood.
Lieutenant Henry Evelyn Wood, V.C., on his return
from India, by Lord Clyde.
Lieutenant C. A. Wynne, on appointment Scots Fusilier
Guards, by the Duke of Cambridge.
Lieutenant-General Sir Chas. Yorke, on being appointed
a Knight Grand Cross of the Bath, by the Duke of Cam-
bridge.

T.H.H BANK BATE OF DISCO UNT.

(From the Times' City Article.)

THURSDAY EVENING.
The Bank of England to-day have advanced their
`rate of discount from 7 per cent., at which it was
fixed on the 7th ult., to 8 per cent.
The possibility of this step was currently rumoured
yesterday afternoon, but it appeared altogether un-
likely. The public therefore were greatly astonished
when the announcement was made. In the. absence
of the returns for the week ending yesterday, which
will not be published till Friday evening, all reason-
ing upon the subject must be to a certain extent
imperfect, but it may be asserted that there is
scarcely a single fact known to commercial people t hat
can in any way account for the movement. • The
returns for the fortnight ending the Gth inst.,
showed a recovery of £311,256 in the stock of bul-
lion, and of £527,455 in the reserve; and, even if the
whole of this improvement shall have been swept
away during the week just ended, we shall still be
simply brought back to the point at which the
charge of 7 per cent. was considered sufficient, if
not excessive. The Bank, like any other dealers in
money, are not only entitled but bound to move
with the demand ; but it does not follow that in
acting hastily on a temporary pressure they are
really consulting their own interests. Every
undue advance in the rate of discount leads to a
rebound of proportionate violence, and it has
hitherto been found that rates like the present have
been followed by a period when money could
scarcely be employed on any terms. Such changes
are not for the advantage of the Bank of England
or any other bank. As far as precedent is con-
cerned the present movement is wholly unsupported.
The stock of bullion now held is nearly a million in
excess of the average of the entire year 1856, when
the average rate of discount was 51. The reserve
is also highly satisfactory compared with that
period. Again, the bullion is £2,500,000 in excess
of the point at which it stood when 8 per cent.
was last adopted, while the reserve is about 80 per
cent. greater. As to our prospects in relation to sur-
rounding countries and the manner in which our
rate bears comparison with theirs, it is only neces-
sary to state that the charge in the open market at
Paris is between 41 and 5 per cent. ; at Amsterdam,
3 per cent. • at Berlin, 21 ; at Hamburg, 2 ; and at
Frankfort:l. Even at New York there is an abun-
dant supply at 6 per cent. If money, like water, will
find its level, there can consequently be no doubt that
it must soon flow hither, and apparently from almost
all quarters except Bombay, where the wild orders
from this side for cotton have created a strong turn
against us. From China the last mail brought an
improvement of 2 per cent. in the rate of exchange,
and consequently no silver is wanted for that
country. If any plea is to be found for the move-
ment, therefore, it must consist in some strange
alteration in the accounts during the past week,
much beyond anything that is believed to have
occurred. When those accounts shall have made
their appearance it will be time to draw positive
deductions. Meanwhile it must be remarked that
gold continues to be taken to the Bank, a further
amount of £112,000 having been carried there to-
day, and more being expected to-morrow ; that in
the open discount market and the Stock Exchange
there were yesterday, and even this morning, more
signs of a diminution of pressure than had been
observed for some days—that the Bank of France
are understood during the month to have experi-
enced a recovery of nearly £2,000,000 in their stock
of bullion, and an extraordinary reduction in their
discounts, and that any increase of demand that
may have occurred yesterday or to-day at the Bank
of England may to a great extent be accounted for
by the payment of £501,655 which falls due on the
Indian Loan to-morrow.

TEE .NAV.Y.

The launch of the iron-cased floatingibattery
Black Prince, which was announced for Tuesday,

is not now expected to take place for a week or 10

days. - •
The Wanderer, 4, gunboat, 200 horse power, was
yesterday taken out of Sheerness harbour, whence
she proceeded to the measured mile off Maplin Sand
for the purpose of testing her machinery, under the
superintendence of Capt. Scho berg, of the steam
reserve at Sheerness, Mr. Blax and, chief engineer

of the factory. and Mr. Price, inspector of machinery
afloat. The trial lasted five hours,' and was most

satisfactory. The vessel made six runs, and attained
a mean speed of 10.3 knots per hour ; revolutions,
92 ; draught of water forward, 8.7 ; aft, 10.7 ; pres-
sure of steam 201 b ; vacuum, 25.

The Spitfire, 5, paddle, Lieut.-Commander Alling
ham, sailed from Spithead for Woolwich at 3 p.m
yesterday.
The Pelican, 17, screw, just completed in the
fitting of her machinery in the steam basin of
Portsmouth Dockyard by Messrs. Ravenhill, Sal-
keld, and Co., made her official trial of speed yes-
terday at the measured mile in Stokes Bay, under
the supervision of the Government officials. The
ship drew 12ft 2in aft, and lift forward, being in
light trim, and about 16in less than she will be
with guns, cables, masts, and rigging on board.
She was propelled by a Griffiths screw of 12ft
diameter, and a pitch of 14ft sin ; pressure of steam,
201 b ; vacuum, 25 ; revolutions of engines, maxi-
mum, 112 ; mean, 110. The mean of six runs gave
the ship a speed in knots of 11380, the boilers and
machinery performing their duty well. At the con-
clusion of the trial the ship returned into harbour,
and will be taken in hand by the steam reserve to
bring forward for classification.
The Cossack, 20, screw, Capt. R. Moorman, com-
menced her washing out and cleansing process yes-
terday in No. 1 dock at Portsmouth.
The Icarus, 11, Screw, Commander N. Salmon,
V.C., yesterday steamed into Portsmouth harbour
from Spithead, and berthed alongside the sheer
jetty, where she unbent sails, and awaits further
orders from the Admiralty.
Workmen are engaged in preparing the blocks
in No. 2 building slip in Portsmouth Dockyard for
the immediate reception of the keel of the Harle-
quin, 17-gun screw corvette, a sister vessel to the
Chanticleer, 17, screw, launched from the same slip-
way on Saturday last.
Her Majesty's troopship Dee, Master-Commander
Pullen, yesterday went into basin at Woolwich,
from the Clyde, to unload a cargo of machinery,
from Messrs. apier and or the screw steam
frigate Bristol, launched on Co.,iVednesday at Wool-
wich. The Dee experienced a succession of gales
on the coast of Scotland, which, on account of her
peculiar cargo and her want of stowage room below
deck, placed the ship in great jeopardy, and, as
stated by the officers of the Dee, the safety of the
ship and cargo and the lives of all on board was
only effected by dint of thorough seamanship in
gaining harbour and shelter during the height of
the storm.
Her Majesty's gunboats Sparrow and Dart yes-
terday left Woolwich for Chatham, in charge of
the officers of the steam reserve at Woolwich, to be
fitted for the ordinary at that port.
The iron-cased screw steamship Warrier is pro-
gressing with her armour, and has received two
and a half streaks of plates on her larboard side, and
one and a half on her port side.
The following transports have been chartered by
her Majesty's War Department Commissioners to
ship from Woolwich Arsenal for foreign stations,
namely :—The Hugh Balment, the Corriemulgie,
the Royal Bride, the St. Martin, the Irene, the
Hollingside, the Persian, and the Damascus,loading
with 8-inch shot and other war stores, consisting of
750 tons, for Malta. She will likewise embark some
horses for the same destination.
The screw steam corvette Barrosa, recently
launched at Woolwich, was yesterday hauled out
into the river, in preparation for her first trial of
machinery down the measured mile, to take place
shortly, after which she will be admitted into the
Sheerness ordinary.
The screw gunvessel Pigeon, 5, in the second dock
at Chatham, has been painted and thoroughly over-
hauled. She will be put out of dock on the 25th inst.
The screw steam gunvessel Nimble, 5, fitting for
the first division of the steam ordinary, and novy
alongside the dockyard at Devonport, is ordered to
be commissioned with a crew of 50 men. She is to
be attached to the screw steamship Nile, 90, flag of
Rear-Admiral Sir Alexander Milne, K.C.8., on the
North American and 'West Indian station.
The screw steam sloop Flying-fish,s, Commander
Hope, in Plymouth Sound, having had her com-
passes adjusted on 'Wednesday, tripped her anchor
yesterday, and resumed her previous berth.
The screw steam gunvessel Penguin, 15,
the Narcissus, 51, was taken into the b_as.innthate
Keyham Steam and yesterday morning,
Told
3 dock,
afternoon was appointed to be placed in 1\ o.
when the Centurion will vacate it.
has received files
Our correspondent at Plymouth
hich state that
of the Bermuda Royal Gazette,
w Rear-Admiral
the screw steamship Nile, 90, flag of tender to
Sir Alexander Milne, was to leave the island on the
19th January for Antigua, and the paddlewheel
steamvesselFirebrand, 4, the same day, tor Jamaica;
she arrived frum Portsmouth on the Bth. Colonel
Freeman Murray, the present Governor, 'hose term

DICE 4D. STAMPED, SD.

of office expired some months since, will shortly be
relieved. Early and important changes are to be
made in the administration of the convict depart-
ment there.
Lieuts. S. J. Nicholson and W. D. Carey, belong-
ing to the sth and 6th Brigades Royal Artillery,
yesterday joined head•quarters, Woolwich, from
the Mediterranean, with a party of non-commis-
sioned officers, in order to go through a long course
of instruction in the Armstrong gun drill at Shoe-
buryness. Major E. Palmer, Ist Battery Ist Brigade
Royal Artillery, Woolwich, having effected an
exchange with Major E. J. Carthew, of the sth
Brigade, has been ordered from Woolwich to Devon-
port, for the purpose of taking over the command
of No. 2 Battery, sth Brigade, on its arrival at
Devonport from Gibraltar.
The following appointments were mode yester-
day at the Admiralty :—William James Robinson,
acting third-class assistant-engineer, to the Fis-
gard, for service in the Widgeon ; James H. Walton,
acting third-class assistant-engineer, to the Cum-
berland, for service in the Wildfire ; John St. J.
Wagstaffe, paymaster, to the Odin ; James R.
Richards, assistant-paymaster, to the Chesapeake ;
George B. Westcott, assistant-paymaster, to the
Bacchante; William H. Whichelo, assistant-pay-
master, to the Hawke; and Stourton S. L. Needham,
clerk, to the Nile, for the Nimble.