The Sun.
London, England, 1857-01-08 00:00:00

.. £30,000
6,000
2,695
238

THE CITY OF LONDON UNION.

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Union, it appears that the defalcations of Paul, the
assistant clerk, so far as they have been ascertained
up to the present time, amount to 17 5241. In addi-
tion it has been found by the guardians that there is
scarcely an instance in which he has not committed
some fraud in connection with the accounts of the trades-
men and contractors by whom the union has been sup-
plied with goods. It is probable, therefore, as he bad
filled the same post for a great number of years, that the
totals now capable of being traced will very inadequately
represent the real amount of his delinquencies. One
tea' ure belonging to this case equally character-
ised those of Robson and Redpath. While Mr.
Paul was intrusted with the disbursement of sums
amounting annually to many thousand pounds free from
the exercise of the slightest supervision his salary was
limited to 2001. a-year. He had formerly failed in the
corn trade, and his habits were doubtless expensive.
Robson while indulging is the purchase of horses at
300 guinea each, was assumed to be working honestly
on a salary of 1501. ; and Red path, also has attained
middle age, and whose expenditure was proport of ably
of a broader character, is stated to have received mil
3001. With the fact in view that the classes engaged
&reedy in trade are making. unprecedented profits, and
almo-itdoubling their scale of expenditure it was taken for
granted that these men pressed by the immune tax and by
the rapid rise in prices, which, unlikepersons in commerce,
they were deiivilie all the inconvenience and none of the
benefit, could be properly trusted t deal t i an tinlimited
extent with the property of others, and that there was no
necessity for those who enjoy the more tangible honours
and profits of public positions to trouble themselves by
exercising w..tchfulness. These circumstances offer no
pal dation for the criminals, because they knew the terms
on which they had accepted their duties, and were bound
to exercise the greatest strictness in propom tion to the con-
fidence reposed in them; tl ay, neverthsless, threw a
deep stain upon those whose want of discriminatii n and
self-indulgent laxity have rendered possible the results
o a witnessed. Apart from every other consideration,
they might have known that persona of active intellect and
hold address, fit for places of unrestricted trust, could
not, in the existing demand for such qualifications, have
been secured upon the terms accorded. Steady, scru-
pulous men might probably have been found, but such
people are not often the favourites of boards of directors,
and there is reason to apprehend there may be truth in
the supposition that in some cases the offenders in ques-
tion have been treated with an extraordinary degree of
deference on account of that very prodigality which
should have been accepted as a warning of their mis-
conduct. Perhaps it was surmised that the parties,
owing to advantages of position, were successful specu-
lators, and it is even possible that the admiration and
envy with which they were accordingly regarded would
never have been dispelled bad it not been found that
their operations were being conducted feloniously against
their patrons, instead of in an acute and quiet way at
the risk of other people.— Times.

Z'HE MAILS.

SOUTHAMPTON, WEDNESDAY.

The Peninsular and Oriental Company's screw steam-
shiy Alhambra, Captain J. K. Joy, left this afternoon,
with the usual Peninsular mails, 34 passengers, full
general cargo, and 20 bottles of quicksilver.
A nong the passengers were Captain Warden and
family, Lieutenants Hunton, Kilvert, Holmes, Morgan,
Shay p, Withers, Gubbins, Beste, Nesbit, and Mackenzie;
Ensigns Bassine and Stevens,,n.
The screw steam-ship Candia, belonging to the same
company, left this afternoon, under the command of
Captain Powell, in ,tow of the steam-ship Euxine, Cap.
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THE AUSTRALIAN MAILS.
PLYMOUTH, WEDNESDAY.
The Indomitable, Captain Nicholson, the second vessel
despatched from this port by the Australian A.tsxiliary
Steam Clipper Company, arrived here on Monday night,
en route for Melbourne. This fine ship is nearly as large
as the Istamboul, the first vessel put on the line, being
1,160 tons register, add 1,800 tons burden. She takes
out 60 passengers, and a full freight. Her date of sailing
from this pert was delayed one day at the request of the
Australian merchants in London, in order that she might
take out yesterday (Tuesday's) mail. Through the active
exertions of the company's agent at this port, Mr. J. B.
Wilcocks, she was enabled to sail last night.
The Tricolour, Capain Price, frem Calcutta, put in
here this morning.

The proposed meeting of merchants and bankers re.
gat dit.g the state of the law in relati,n to warrants for
goods is postponed from the 14th inst. to Monday, the
19th.

-- ---
The accounts from Melbourne yesterday by the
Montmorency reach to the 15th October, being about a
fortnight later than those by the Rid Jacket. Since the
departure of that vessel there nad been no other ship-
ments of gold to England, but about 60,0001. had been
despatched to India and China. The Heather Bell was
to leave for London on the 15th of October, and the
William Money and Tornado, for Liverpool, some time
during that month. The rainy season, which had bees
unusuaily protracted, had at length terminated, and a
very active trade with the interior bad consequently
commenced. According t o a circular from Messrs. Miles,
Kington, and C..., large orders were coming in, and,
although, owing to the previous accumulation of stocks,
there had been no advance in prices, confidence had
been imparted to holders, the arrivals lately baying been
moderate, and a further rapid increase of business being
looked for when the cost of cartage should decline to the
ordinary summer rates. The wool shipped from Mel
bourne during the season bad amounted to 12,027,680
lb., of the value of 787,6401.