The Sun.
London, England, 1868-05-04 00:00:00

THE SUN, LONDON, MONDAY EVENIN64_,.MAY 4, 1868,

ROMAN AFFAIRS.

(From the Roman Correspondent of the Westminster Gazette)
ROME, April 25.

Umbrage has been taken, it seems, in a cer-
tain elevated quarter, at some expressions in
the Pope's speech, which I quoted in my last.
The declaration that there are still in the world
characters of the same type as Caiphas, Pilate
and Judas, struggling against righteousness
and truth, has been thought to have a special
meaning. Of course, however, the fact of see-
ing the application, is in some sort a self-
accusation, and a clear conscience would see
in the Pope's speech nahing but general con-
demnations of various forms of evil.
The illuminations of Saturday evening were
brilliant beyond all precedent. Those of the
Municipality and public bodies, churches, and
palaces, were a great success, and after you
were wearied with their splendour and variety
it was pleasant to turn and rest the eye on the
graceful and artistic ensemble which the habit
of suspending paper lanterns from every win-
dow produces. There is a unity about their
long floating lines of sobered colours subservient
to, and throwing into strong relief, the archi-
tectural contour of the buildings, eminently
characteristic of the spirit of spontaniety and
harmony which ought to preside on such an
occasion.

The designs briefly described in my last were
among the chief points of attraction. I am
sorry to have to record a sad accident, which
occurred at one of them (the Piazza SS. Apos-
toli), two workmen amployed in lighting
being seriously injured by the breaking of a
ladder. Other accidents there were none, not-
withstanding the vast crowds occupying the
streets. A Roman crowd is always good-
humoured and well-conducted. " Not a male
purse was stolen, not a delinquency was heard
of, not a single act of disorder occurred all
through the evening," writes the correspondent
of a contemporary. " The city presented the
aspect of one united f mily, commemorating
with gladsome hearts their Father's escape
from danger."
A very pretty effect was got up at the end of
the Ripetta, by the little squad of the Pontifical
marine. In the Piazza of S. Lorenzo, in
Lucina, was a transparency of the co-patroness
of Rome, S. Catherine of Siena. The Piazza
di Venezia displayed a Gothic chapel of our
Lady. The device on the arch of the San
Spirito was very felicitous in its application to
Pius IX., setting forth in its letters of fire,
orietur in, diebus ejus justitia et dominabitur.
To describe all, however, would be endless.
It is enough to say that every street and every
vicolo almosti contributed its quota of bright-
ness to the general fête.
It was impossible but that the Holy Father
should be touched by this public exhibition of
his people's affection ; nor did he make any
effort to conceal his appreciation of it from any
who approached him. Though it would have
been against all precedent to have remained
out after the evening Ave, yet just towards
that hour as crowds were assembling to wit-
ness the lighting up, his cortege drove through
their midst along the Ripetta, turning back
up the Corso ; when near the end it turned
into the Piazza SS. Apostoli, where the lime
light, glaring round his statue, made the
grandest display of all ; then it visited the
Piazza di Venezia, made a circuit to the
Roman College, and then back to the Minerva,
next passing the Pantheon, and so on across
the Piazza Navona, the Campo de' Fiori, the
Ponte S. Angelo, and the Borgo S. Spirito.
As a farther token of the goodwill stimulated
by the demonstration, he was pleased on Tues-
day to get out of his carriage at the Porta del
Popolo, and walk up the Corso among the
people all the way to the Piazza Sciarro, a dis-
tance little short of a mile. He walked with
his • usual brisk, energetic step, affording
another tacit but emphatic denial to the ab-
surd reports of certain journals as the
atf
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Hnoly
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when
hh. and
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years younger. _ _ _

The review, which, like the illuminations;
had to be put off on account of the weather;
has likewise been held. There were about

8,000 men present. In detail, it was very
like the last I described, with this difference,
that it was held in the open space called the
Farnesina, under Monte Mario. General Kanz-
ler, General de Courten, and Lieutenant-
Colonel de Charette were, of course, present,
but the kind face of Colonel Allet was much
missed. He was confined to the house by in-
disposition. lam glad to be able to report
that he is much better at the present time.
The coming Council continues to be a sub-
ject of much discussion, and of a great deal of
silly surmise, particularly in Germany. All
that can be said with certainty is, that the
commissions which suspended their labours
during the Easter vacation have now re-
sumed their work. There are, I understand,
six commissions charged to prepare the matter
for the consideration of the Council, under
their several categories. The chief commission,
which has certain powers of supervision over
the others, is composed of six cardinals, and
is assisted by a certain number of "consultors"
from the various countries in communion with
the Church. Mgr. Talbot has been appointed
one of those for England.
Such reports as that the Curia .Romans
is hostile to the proposal of holding a Council
are simply false; the Curia is quite at one with
the Pope. On the other hand, it is prema-
ture to talk with certainty of the period of its
meeting. It is, indeed, expected that the Bth
of December will be publicly announced for
it on S. Peter's day, but what complications
may not arise before the end. of the year ? I
cannot say I share all the gloomy apprehensions
I hear fully expressed, but neither can I pass
them over in silence. Sometimes it is an
European war with which we are threatened,
sometimes a gigantic revolution, sometimes
both together. At the present moment, it is
Turin which is pointed at as the source of
trouble. Prince Napoleon, who is said to be
at the present moment the chief agent of the
secret societies, is suspected of having some
scheme in hand for attempting a desperate
movement throughout France and Italy. His
project may fall through, but, at the present
moment I know that there are many, who
ought to be well informed, who are not free
from anxiety as to a coming struggle—anxiety,
not for the final issue, which can afford no
cause for alarm for the safety of the Church,
whose destiny it is ever to be ever at war with,
and ever triumphing over,, the world, but by
reason of the trials through which the faith-
ful in France and Italy may be called upon to
pass.
The Pope himself, however, appears free
enough from preoccupation. The other day,
passing in the midst of a driving shower by
S. Agostino, which has just been sumptu-
ously restored, he stopped his carriage and
entered the Church. Sansovino's beautiful
image of the Madonna del parto was surrounded
by a crowd of suppliants, such as its fame
and the vast number of its ex-votos ever
attracts.
The Pope knelt on the ground in the midst
of the people, and intoned the Litany of the
Blessed Virgin, the people singing out the

responses, their usual rather noisy entrain
subdued by the evident emotion of the moment,
which, when he recited in due course the peti-
tion Defende, Dwane, quaesurius eivitalent
istam, became uncontrollable.
Before leaving, he visited Raffael's cele-
brated Isaias on one of the pillars of the
Church, as well as the new frescoes, and ad-,
mitted Gagliardi, the artist who has been en-
gaged on them, as welt as the Prince and
Princesq Lancelotti, and some others who

were in the church, to kiss his hand in the

Sacristy.
While this was going on a dense crowd had
assembled, and when he came to leave. the

scene was indescribable ; guards and attendant
prelates were carried away by the press, and
►
the people closed in round him, bent on kiss-

ing his hand, his foot, the hem of his garment,
or even catching a near glimpse of his face or
a sound from his voice. And he, patient and
calm, not as forgetting that there were those
who might seek his life to take it away, but as
having long ago made the sacrifice of it to
Him who gave it, and desirous now only to
be all things to His people, let them surge
on, bidding them only in gentle accents not
to do themselves a harm, and extending his
hand to the furthest off over the shoulders of
the nearest to spare their exertions.
The church was formally opened by a triduo
on Monday, Tuesday, and Wednesday of this
week. It is memorable, among other things,
for having the first dome that was ever erected
in Rome.
On the 20th, being the birthday of the Em-
peror Napoleon, the Chapter of St. John La-
teran, of which he is, as Sovereign of France,
honorary canon—as the Kings of England used
to be of St. Paolo juor le mura—according
to annual custom celebrated a Mass for thee
prosperity of his Majesty and of his Catholic
empire. The title of canonicus ad honorem,
sacrosanctae Lateranensis ecclesiae, and a stall
in the choir, was, as is pretty well known, con-
ferred by the Chapter on Henri IV. and his
successors, in recognition of the benefit be-
stowed in the Abbey of Clairac, with which he
endowed them. The abbey was confiscated at
-the Revolution, but Louis XVIII. and Charles
X., desirous to compensate the Chapter,
founded eight canonries, with an endowment
of about £6O a year each. Napoleon I. and
Louis Philippe were at no pains to maintain
their claim to the title of Canon of the Lateran
Basilica, but Napoleon 111. reclaimed it in
1863.
M. de Sartiges attended in state at the Mass
of the 20th of April this year, as well as several
members of the Napoleon family staying in
Rome. General Dumont and several officers
came up for it from Civita Vecchia, and
many French officers of the Papal army were
also present ; and Cardinals Antonelli, - di
Pietro, Sacconi, and Pitra were there, and Car-
dinal Bonaparte, of course. Ile, by the way,
took possession on the 21st of his titular church,
' Sta. Pudenziana.

The same day is that which goes hore by
the title of Natale di Roma, being the day
assigned by the tradition of those antiquarians
who are content to date from Romulus only
as that of the foundation of the city, which
would thus have just completed its 2,6215 t
year. The Archaeological Academia celebrates
the anniversary by a general meeting of its
members, at which scientific papers are read,
and a banquet is afterwards held. This year
Mgr. de Ilerode, who is one of the members,
invited his colleagues to meet at the Villa
Altoviti.

Mgr. de Merode has also arranged a pious
undertaking for exhuming and bringing back
to Rome the bodies of the eleven Zouaves
buried along with the Garibaldians after the
engagement of the 13th of October at Monte
Libretti. The twelfth was Lieutenant Guille-
min, the translation of whose remains I men-
tioned in my last.
On Thursday, being the feast of St. George,
his little church, built in the sixth century,
it is supposed, on the ruins of the Basilica
Lemproniana, of which, at all events, it still
retains the name, was open to expose the lance
and vexilla of the saint, together with the
relics of the other soldier-martyr, St. Sebas-
tian, who is also venerated here. Of the
frescoes, with which Giotto's pencil once
adorned the tribune, small traces remain, but
the church is very rich in marble columns.
Speaking of marble columns reminds me that
the late excavations in the Marmorata have
been laid under water by the rising of the
Tiber, owing, doubtless, to the breaking up of
the snow.

Cavalier de Rossi, the distinguished anti-
varian, had the honour of an audience of the
Pope to-day to present the second volume of
his work on the Catacombs.
We have had two firearm accidents this
week—one to a gendarme on duty in the
country ; his rifle went off as he was getting
through a hedge, and killed him on the spot.
The other was to a young sub-lieutenant
named Leduc, stationed at Ceccano, who
managed to let off his revolver while handling
it carelessly ; the ball reached him in the
breast, but, strange to say, did not injure him;
he says it struck against his scapular.
A large instalment of the Remington rifles
has been received here. This and the question
of completing the equipment of the various
companies of Zonaves occasioned a meeting
of superior officers at Civita Vecchia one day
lately. This simple circumstance has given
rise to the most absurd reports in various
journals of the proximate departure of the
French, apprehended invasion, &c., &c., all
with no shadow of foundation.
The tribunal of the Consulta has nearly
completed the trials of all cited for criminal
procedure, for participation in the invasion of
October ast. The results arrived at bear
the usual character of the decisions of the Pon-
tifical Government, and only err on the side of
leniency, to yield to which too far is dangerous,
at least, if one may not say culpable.
There have been several conversions here
within a short time past, including one or two
distinguished names. Lord Northesk has most
generously given £lOO towards the Church
of S. Thomas del Collegio Inglese.

not ave the good fortune to do so on the occasion
of q midnight mass on Christmas-eve, he may
visit the equally noted one of Saint Denis,
with its wondrous coloured glass windows '
and marvellously delicate architecture; he will stroll
in at the theatres, and form his own opinion how far
the Hamlet of Shakspeare is travestied by being
wrought up into an opera ; he will walk along the
line of the Grand Boulevards and admire the splen-
did shop-fronts, and the ever-ebbing and flowing
crowd made up from all quarters of the globe, until
he reaches the Column of July, from whose lofty
summit, or from that in the Place. Vendome, he will
behold all Paris and its environs stretched before
him like a map; he will wander along the Seine,
flowing merrily on between the broad boule-
vards and brilliant streets, studded ever and
anon with magnificent public buildings and
immense bathing establishments, and gaze with
delight upon the ever-changing panorama pre-
sented on the river. Ile will, perhaps, be sad-
dened by the contemplation of that mournful
asylum of death, the Morgue, so rarely empty at
Paris, or enlivened by a stroll through the flower
market, giving perhaps a look in at the office of
the Franco-American; but it will scarcely enter into
his head to get up at half-past one in the morning
and pass along the now comparatively silent boule-
vards (for the mighty city never sleeps entirely),
turn off at the corner of the Rue Montmartre,
and after another quarter of an hour find him-
self in the centre of such a scene of life, and the
necessaries thereof, that he will have considerable
difficulty in making his way through the surging
crowd, and vast piles of everything which encumber
the pavement, for he has arrived at the central halls
and markets of Paris, and it is at that early hour
that the hydra receives her food. Long lines of
carts arrive every instant laden with fish, flesh, fowl,
fruit, and vegetables, which are either sold off at
once to the retailers of every calibre by auction or
otherwise from the merchant commissionaire seated
in his bureau, down to the street hawker, for the
space surrounding the ladles has to be cleared in a
given time, and as the clock sounds the
pointed hour the produce of the lingering fac-
tor is pounced upon by the Sergens de Ville, con-
fiscated for the benefit of the various hospitals,
and the immense open space through which but
an instant before you could barely make your way
is cleared as by enchantment. In the hallos them-
selves, which consist of ten vast pavilions built of
iron, of a light yet strong construction, extending
in two lines of rectangular parallelograms, and fur-
nished with immense underground vaults, the
scene is yet more animated, for the sale by auction
has commenced in some dozen or more quarters, by
means of movable bureaus, each provided with its
suite of auctioneers, clerks, cashiers, &c. The din
is astounding, whilst merchandise disappears as if
by magic. Eggs are sold generally by the thousand
in queer oval-shaped wicker hampers ; game (the
larger sorts) by the head, for the railways are
also in play, and Germany and Rassia send
vast quantities, without which competition, the
price would be enormous. Fish, as taken from the
carts, are placed upon shield-shaped osier platters,
and sold in dozens according to the size. Meat;
beef in quarters, other varieties whole ; butter, by
the hamper, and as the various merchandise dis-
appears in all directions, amidst the dissonant cries
of the hawkers, the whole scene presents au ensemble
that may be better imagined than described. But
I have trespassed long enough for one subject, and
unless I turn to other matters shall again
incur the responsibility of having forgotten
•
something. Gbiernment here, I understand,
means to do something handsome for the rail-
way companies ; and public improvements in
the way of street-making and altering are being
pushed forward to a considerable extent. The
King of Prussia has opened with a speech the Par-
lement Douanier of Germany, 210 Deputies (70
being from the South) attending on the occasion.
The speech of his Majesty does not bear any very
iniportant features ; it compliments the Zollverein
upon its progress, justifies the annexation of Meck-
lenburg and Lubeck, and winds up with a flattering
picture of united Germany, when the South shalt
have thoroughly allied itself with the North, which
at present it does not s e.n inclined to do. I no-
ticed with regret an age but mischievous article
in Galignani of Tuesday last, whiCh had been
copied from the Saturday Review, and in which the
writer attempts to show that the ambition of
France to possess the military lead in Europe, couple I
with the mistaken action both of the Government
and the Opposition, would be the most likely method
that could be taken to bring about a European
war. Nothing can be more unjust or sophistical
than such an hypothesis, looking at the position of
France on the Continent, and at the same time
envisaging the present position of Italy, vis-a-vis
to Rome, of Prussia in regard to Denmark, look-
ing at the as yet unsettled state of affairs in the
East, and remembering that every other nation is
arming to the teeth. Is it, under all these circum-
stances, just to assert that France arms from a
pretended fear, and that a pretended war will
bring about one? Surely this is going too far
after all the material guarantees given by
the actual policy of the Emperor and his Govern-
ment, which I have now no time to dilate upon.
The base attack upon his Royal Highness the D uke of
Edinburgh has excited great indignation in France,
where Fenianism has never been very popular. This
outrage will be another inducement to make Mr.
Gladstone consider well the measures he proposes,
and the bearing of Fenian agitation thereon. Of
this at least he may be certain, that the union be-
tween Church and State in Catholic countries will
never be dissolved. If it is likely to be in Ireland
it may possibly take place in England. Whether
the effect will or will not increase the prestige of
England in comparison with the nations of the
Continent, forms a question which a statesman may
find it well worth his while to study.

RAILWAY INTELLIGENCE.

(From the Wall-street Journal, April 18.)

THE UNION PACIFIC RAILROAD.--By despatches
just received we learn that the track of the Union
Pacific Railroad has been extended across the
highest point of the Rocky Mountains which is to
be passed by the iron horse in the journey to the
Pacific, the head light of the locomotive car now
shining over, toward the:Great Salt Lake Basin.
Five hundred miles of this railroad have been built
and equipped in two years, and we are assured that
the result of this year's labours will be even greater
proportionately than that of former ones. A great
deal of grading, rock cutting, &c., has been done
during the winter, when track laying was necessa-
rily suspended, and it is said that the grading is
done for a distance of 100 miies beyond the end of
the complete road. Iron sufficient to lay 200 miles
of track has been accumulated, and probably not
less than 300 more miles will be added to that
now in operation before the beginning of 1869.
Helping to make up the industrial army which will
accomplish this result will be more than 8,000 ad-
ditional labourers, 1,000 mechanics, bridge-builders,
&c., 2,000 teams, and 1,500 waggons and carts.
From Omaha to San Francisco is 1,815 miles. 'the
Union Pacific Company expect to have from 800 to
900 miles of road in operation this year, while the
Central Pacific building the western end of the
through line will have completed almost 400 miles.
The gap of from 500 to 600 miles which will then
remain between the ends of the two roads will, by
the end of one more year, be nearly or entirely
closed. That done,jthe Pacific Railroad becomes the
highway of trade for foreign nations as well as our
own, aud New York will be the distributing point
at whicti, the agents of mandarins and damios will
sort their silks and teas to suit the varying demands
of the European markets.
We learn of an important railroad project which
is being considered by the board of directors of the
Pittsburgh, Fort Wayne, and Chicago Railroad
Company, including the New York members, who
have been in consultation at Pittsburg. As far as
we can ascertain unofficially it is the prospective
connection of the Fort Wayne and Allegheny
Valley with the New Jersey Central Railroads,
forming a close and direct line across Pennsylvania
by a route of the lowest grade, including other ad-
vantages, which would at once entitle the route to

be regarded as one of the main trunk lines connect-
ing the cast with the west, and rendering the con-
solidated road a formidable rival of the Pennsylvania
Central. It would seem that Pittsburgh has her
railroad kings as well as New York, with this dif-
ference, however, Vanderbilt anti Drew are manag-
ing their roads in the interests of stock-jobbing
cliques, while our Cass and Phillips are cudgeling
their brains to subserve the interests of the great
industrial communities of which they are honoured
and trustworthy members. If the arrangement
which we have suggested is consummated, there is
a bright future for the Fort Wayne and Allegheny
Valley. The project is entirely feasible, and we
have reason to believe that it will be carried out.
THE CENTRAL PACIFIC RAILROAD.—The Grind
Continental Pacific Railroad is fast hastening to-
ward completion, anti in 1870 we are promised a
through line from New York to San Francisco—
time six days. From present indications a double
track will soon be necessary. and thenceforward
the business of the road will fully tax its capacity.
The company, in order to make all possible pro-
gress, are offering their First Mortgage Bonds at
par and back interest. These bonds are the first
lien upon this valuable property, and are backed by
an equal amount of Government money invested in
the enterprise, and are becoming very prominent
among standard investments.

The Dexter and Newport Railway (Maine) will
be opened for travel July 4.
The Lebanon Springs, New York, railroad con-
tractors expect to have the road in running order
from Bennington, Vermont, to Petersburg, New
York, in June, and through to Chatham in Sep-
tember.

At a -meeting of the directors of the Union
Pacific Company, held March 26th, at their office in
New York, the location of the great Suspension
Bridge across the Missouri River was definitely
made and established. The point selected is where
the line of the old Missouri and Mississippi Rail-
road, as surveyed by General G. M. Dodge, strikes
the river, and directly between the cities of Council
Bluffs and Omaha. The machine shop, it is under-
stood, will remain at Omaha, while the transfer
grounds will be at Council Bluffs, for which the
company has purchased eight hundred acres of land.
The estimated cost of the bridge is over $2,500,000.
Its construction makes Council Bluffs the great
railroad centre of the West.

The New Orleans correspondent of the Chicago
Tribune writes as follows regarding the proposed
railroad from New Orleans to New York, whose
route we lately described :—"I learn that the
Willis Valley Railroad, forming a part of the line
of the projected New Orleans, Mobile and Chatta-
nooga Railroad, will be pushed forward into Ala-
bama, between this and the Ist of July next. New
York as well as New Orleans capital is embarked
in the enterprise. Another railroad project is an
air line railroad from New York to New Orleans.
The gap between Selma, Alabama, and Dalton,
Georgia, is nearly finished, and looking to this end
the president of the New Orleans and Selino road,
Colonel R. M. Robertson is having a survey pushed
through to this point, and is here just now from a
canvass of the route for donations of land. lie re-
ports a lively interest, and thinks a million or
eleven hundred thousand acres will be obtained to
form a basis of operations. This line will bring us
170 miles nearer New York than any other, and is
looked upon by sore of the most prominent New
York capitalists as the line to force its way at
an early day to Mazitlan, on the Gulf of Cali-
fornia. This line is strongly backed by, those in-
terested in all the roads from Selma, Alabama, to
New York."

The Wall Street Journal stys :—" Artiel.•s of
Association of the American Central Railroad Com-
pany of Indiana have been filed with the Secretary
of State. The road will run from Fort Wayne to
Lacon, Illinois, and will connect there with the
American Central Railroad of Illinois. The dis-
tance is 123 miles, and the capital stuck $3,000,000."
TIIE CENTRAL PACIFIC RAILROAD COMPANY.—
The reported snow slide on the line of this road,
which was described as being six miles in extent,
proves to have been a trifling affair. Mail advices
represeht that an avalanche of snow blockaded the
roun 1 house in Which six locomotives were standing.
The damage was estimated at $60,000 only.
The directors of the Michigan Southern and North-
ern Indiana Railroad Company will meet on April Ai,
when the dividend question will be settled. It is
stated, " unofficially," that a stock dividend will be
made, and a semi-annual cash dividend be an-
nounced. The expectations of the company for the
current fiscal year were $2,000,000 net, or 10 per
cent. upon its entire cost.

General Case has just completed the location of
the Denver and Pacific Railroad, fixing the shortest
route from Denver to Cheyenne at 101 miles. Work
will be commenced soon.
At a meeting of the stockholders of the Louis-
ville and Nashville Railroad Company, held at
Louisville on March 31st, it was decided to accept
the amended charter by the Kentucky Legislature,
authorising the company to issue $8,000,000 of
bonds, to acquire an interest in or to buy up
roads in other States which connect with the Louis-
ville and Nashville Railroad.
At a meeting of the directors of the Chicago,
Rock Island, and Pacific R.tilro id Company, held
at Davenport, lowa, on March 2Zth, several resig-
nations were accepted and the vacancies filled. The
majority of the members are compos.-d of Illinois
and lowa men. The act of the lowa Legislature

in regard to the road was filed in the office of the
Secretary of State in this city this afternoon. The
new members of the Board are not parties to any
pending snits, and a majority being competent to
transact the business of the company, without re-
ference to the suits in New York or elsewhere, it is
believed that its affairs can go on smoothly again.
TIIE MARIETTA AND CINCINNATI RAILROAD.
NEW TRACK TO BE LAlD.—Such is the increase
of business on this road, in both freight and pas-
sengers, that it will be compelled to build at an
early day its independent track down and through
Mill Creek Valley. The Baltimore and Ohio Rail-
road now having a deep interest in this road's
welfare has commenced the re-ironing of the en-
tire track. The proposed track through Mill Creek
Valley will have its line west of and parallel with
the present bed of the Creek, thus proving a valu-
able nucleus to the filling up of Mill Creek
Valley.
Refreshment cars on the Chicago, Rock Island,
and Pacific Road are to run in the middle of the
train, with facility for free ingress or egress at either
end ; a dining counter extends along one side of
the car, and passengers are served from a bill of
fare, as they may order. In another portion of the
apartment is the ladies' dining saloon, which is
private and exclusive, while the car is so arranged
that passengers passing in and out will not inter-

fere with those dining.
The Times correspondent at Philadelphia writes
in anything but an encouraging strain about the
Atlantic and Great Western Railroad. The holders
of one class of its securities the correspondent terms
" English victims," and another class " the unfor-
tunate debenture-holders who in the autumn of

1864 were inveigled into what seems like ruin."
It would be well for the London, Chatham, and
Dover debenture-holders if they had anything like
so good a chance of eventually getting out of the
mess. A road in America must indeed be tnis-

managed and plunder carried to an extreme if all
hope of ultimate "recovery is lost. With this ex-
ample before them people should be cautious how
they take up loans in American railways, which
the citizens of the United States wholly reject
on their own behalf. Although we are far
from saying that it must be good because
it is freely taken in Wall-street, yet it is
a good sign, and in London a loan for an
American railway may well be regarded with sus-
picion when it is introduced only on this side, and
not conjointly with America. The correspondent
remarks :—" Speaking of these counsel, I learn that
one of them, at least, has been retained on behalf
of a class of the English victims of the Atlantis and
Great Western Railroad, the unfortunate debenture
holders who in the autumn of 1864 were inveigled
into what seems like ruin. This, however, is said
to be a question between them and another class of
victims, creditors under the consolidated mortgage

deeded in 186'.6". elaborate opinions averse to the
consolidated mortgage I learn have been sent to
England, and suits are about to be brought against
the Atlantic and Great Western Company and the
original companies which formed it to determine
these questions. As the debenture certificates are
held entirely in England, it is of interest to know'
what is transpiring here."