The Sun.
London, England, 1857-05-04 00:00:00

pri-imen. In this form of partnership, the shareholders;
:sin the other, are °ley answerable for the -amount of
their investment, i,ur each of the directors ,
only answerable for the amount of his own particule
cA tmre.t, aed is a••s • Oran„" f tne u• dertakif ruof
tie Company. It is called' a Socieg A nonym,e because it ,
is not known by the n.--,,, of a. ti of toe partners, but::
Only by the objects of the-4.:ssociatieu. Sue. an Also..
ciation comes into existe ce from the moneot hat its.
regulatiens are approved by the State ; but if it Mfringe.
any of the laws 'of the State, or the regulations apolt-
cable to such companies, whether already passed or to .
be passed hareafter, the State can dissolve it by a sirmile
decree. We need- scarcely point out the inirnense licence
that the managers of such company tnie,ht.' enjoy, if.,
they enjoyed also the favour of the GovernMent for'-the'
time loeieg. It is under this form 'of the sodite
anonyme that most of the great joint-stock undertakings
which have become so conspicuous in French commerce
have been established. The most remarkable speci-
mens for the nature of these objects and for success is
that which has become familiar to the English readeinby
the'narne of ‘Soci6(s de Credit Mobilier.'.
"The purpose of- this Association was to increase t;bet
productivity of capital and the circulation' of floating,:
capital. Its declared objects' were, to receive puhliiie
securities, shares or bonus of different enterprises, espe-
cially the public funds, the shares of railway Companies,.
canal companies, and other public works ; to issue its .
own securities for a sum equal to those which it shriek)
receive ; to sell or to set afloat, as security for loans, all
the securities, shares, and bonds received ;. to open
credits against the securities received ; to receive de->: -
posits of all kinds ;. to receive payments on aceonnt of
the companies connected with it In point of fact, this .
Association became an agency for other companies—an .
agency'posieesibg enormous powers, and able to._:e.triilt.
tither enterprises. We need not point out how site.•
agency; by favouring one enterprise, might interfere With
another. The capital 'if this Corn paoy consisted. of"
60,000 000 francs (2,400,0001.), divided into shares-of::
201. each, but by its law it is enabled to receive,in the,
fornis which we- have mentioned, 'a deposited capitali,
equal to ten times its own subscribed money. This it can
work upon a gross capital exceeding 50,000,0001 The ,
original Directors of this Company--we do not know •
how far they may have changed—were, MII. Isaac
Pereire, Charles Mallet, Adolphe d'Eichtal, Ben. is,
Fould, De Abarva, Ernest Andre, H. Mesta, G. dei
Arts, 'Doc de Galliera, Frederic Grienineer,•Conite de
M,,rny, Emile Pereire, Baron Seillikre, Casimir Salva:.
(.240r"

A very interesting paper on the " Obligations of:
Commerce to the Animal Wiq-1,1” presents some
useful information on the sia' jest of manufactures.
to those unacquainted with the facts. An amusing
story is called "A Night's Wandering," and relates
how-a passionate man was brought to his serves by
an accidental exile. A few remarks call attention,
ti the 20th May,4hichisthe day fixel for a simul-
taue.,ius appeal to the Commercial Travellers of the
United Kingsl,,in for subscriptions in aid of the
ConinCercial Travellers' Benevolent Institution, an
excellent establishment, which deserves to be 141,gcely
supported, as it provides for those among the body
who are disabled by accident, ill heal,h, or old age,
and also assists those who have met with misfor-
tunes,-and the widows who have been left imp 0--*
vided. for. There are several other t pies treated
with varying succes, and some entertaining papers
of a lighter nature.

The Train.—We are glad to see a decided im-
provement in the contents of this serial. It• is a
comparatively recent adventurer in the field of Re-
rature, and hitherto has certainly not merited its
appellation of "a first class magazine." How.,
ever, it hag begun to prove the truth Of its motto,,
"Vires acquirit eundo," and we hope 'will con-
tinue to do` so. It has a pleasant variety:
in its contents, which include an eastern story;,
a conversation on the politics of the day, writ-
ten with much satirical truth, an amusing at-
tack upon Bright Pokers, a sketch of Mr. Bpur
geon, a memoir of Colonel Gardiner, and several
other papers of various merits 'most of them reki-
ing perusal.

The Eclectic .Review. —The contents of the Eclectic
are more than usually attractiVe. It opens with a
paper on Mr. Morley's clever work on Corneliui.
Agrippa, the much-maligned scholar of the 16th
century. "ReCent Assyrian Discoveries" supply
the topic for the next article, in which those who
are unable to study the compendious Volumes pub-
lished on this subject will find an instructive sum-
mary. Mr. Kingsley's recent work receives a.
favOurabTe criticism, and a high encomium on the
moral'of the book. "Christianity and Hinduism"'
is the title of an elaborate article on the religionS of
India, which offers much -curious information to
those intereited. The criticisms at the end of the.
number contain some pleasant pages of literary in-
telligence.

Knights English .Cyclopcedia.--This 'most valu-
able and interesting work has reached the fifty-first,
part, and contains a notice of some impoitance to
subscribers. It will be recollebted that it was at
first announced That the • division of biography
would be comprised in four volumes. It was not
then intended to include the names of living per
sons. Owing to the alteration of this intention,
and the wonderful completeness of the work. it is.
now. found that without undue curtailment, it will
be impossible to conclude it within six Voliimes:
There can be but one opinion of thiS proceeding,
as the extent, the accuracy, and the completeness
of the work would render an abrupt conclusion a '
matter of great regret. The editor, with jest pride,
asserts that "the English CVclopmdia of Biogra-
phy May justly take rank as the niost complete bio-
graphical dictionary in the English language ang
no work of a similar nature cmn approach it in
cheapiless." When it is considtieed how indispen-
sable a work of this kind is to almost every reader
and writer, how extended is its list of names, and.
hOw concise and moderate its memoirs, it is cliff', ,
cult to overrate the value of this biography when
complete, as a book of reference: There• are com-
paratively feW works of a comPrehensife natilre on
this most interesting science, .and Mr.' Charles
Knight has added another to the claims he already
has on the gratittide of all lovers of literature, by
so well supplying the deficiency.

Newton's London Journal.—This journal, so
useful to manufcicturers and inventors, continues
in its usual style. It contains some remarks on the
working of the patent law, and on "" East Indian
Patents," giving besides a list and description of
the paten 4 granted to 23 inventors, together with
scientific notices and reports, the list of grants of
provisional protections under the new law, &c. The
illustrative diagrams are of great service in render-
ing the descriptions clear and comprehensible.

Paved with, Gold. By the Brothers Mayhew.
Chapman and Hall.
This " unfashionable novel," as it is called,
narrates the life and adventures of a poor work-
house boy, arid proinises well. All who are ac-
quainted with the Writings of Mr. Henry Mayhew,
are aware how much he is interested in the lowest
classes of London poverty, and how great is his ex-
perience of their peculiarities and sufferings. A
story professing to set forth " the romance and re-
ality of the London streets, " produced under his
guidance has consequently an air of authenticity,
and the reader feels thatinstructive truth is veiled
under the guise of interesting fiction. The number
for the present mouth leaves the hero iu the com-
pany of a group of little crossing sweepers, and
street tumblers. The story pOssesies the advantage
of being illustrated by H. K. Browne.

Le Follet.—This elegant book of fashions con-
trives to invest the most unattractive modes with
some degree of taste and elegance. In the present
number appear numerous attractions to its fair
subscribers, as-inaddition to the three novel groups
and the plate of millinery, there is a double plate of
Spring faShions in walking attire, and a sheet of pat-
terns for embroidery. The literary cont9nts are of
average merit.