The Sun.
London, England, 1857-02-17 00:00:00

Affcr which, DON'T LEND YOUR UMBRELLA.

To cmclude with the immensely successfill novel Burlesque
Pantomime of THE 3fAGIC MISTLETOE; or, Harlequin
Humbug and the Shams of London. The Fairy Christmas,
Miss E. Wilton ; Good Humour, Miss Norbury ; Mercury,
Miss Cameron ; Humbug, Mr. Herbert ; Cant, Mr. Bolton ;
Baron, Mr. J. B. Johnstone ; Sir Roland, Mr. Clarke ; Lord
Loveh, Miss Craven; Addelpete, Miss Cuthbert; Crambo,
Master W. Edouin ; Lady Aales, Miss E. Jacobs ; Baroness,
gr. Cr. Lee ; Furbilosa, Mr. J. Howard. Novel Haile.
quinade : Clown, Miss Cuthbert ; Little Clown, Master W
Edouin ; Pantaloon, Mr. J. Clarke ; Harlequin, Miss Craven ;
Columbines. Miss E. Jacobs and Mdle. Collison ; Premier
Danseuso, Mdle. Marie Charles.
Commence at Seven. Stalls,! 3s, ; Boxes, 2s. ; Pit, Is. ;
Gallery, O.

A morning performance of the Pantomime every Monday
at two o'clock

ROYAL OLYMPIC THEATRE.
Lessee, Mr. Alfred Wigan.
THIS EVENING, a new farce, by Bayle Bernard, Es q.,
called A SPLENDII) INVESTMENT.
After which, CRINOLINE.
A new Fairy Extravaqanzi. by J. R. Planchd, E3:1., called
YOUNG AND HANDSOME. Messrs. F. Robson, Rogers,
Leslie, G. Cooke, Danvers. - Misses Swanborough, Thirlwall,
St. Carse, Castleton, Bromley, Maskell, and Mrs. Mellott.
Commence at half-past Seven.

A STLEY'S ROYAL AMPHITHRATRE
_LA_ Lessee and Manager, Mr. W. Cooke.

THIS EVENING—A Performance crowned with signal
success !—The operatic drama, cf ROB ROY, Illustrated
by Mr. Wni. Geo.:o's Trained Horses, and acted with the
original music, with Mr. J. 11. Cooke's Groat Bridge Act.
After which, the Equestrian SCENES in the C:RCLE.
To conclude with the equestrian comic pantomime of PAUL
PRY ON HORSEBACK.

Commerm at seven o'clock. Dress Boxes, 4s.'; Upper
Boxes, 3s. • Private Boxes, from 11., no charge for booking ;
Pit, 25.; Gallery, Is. ; Upper Gallery, 6d.
t'ox•omco open. from Eleven till Four. Stage Manager,
Mr. W. West. Equestrian Director, Mr. W. Cooke, jot).

CANTERBURY HALL, Westminster-road.—
OPEN EVERY EVENING.—The follow-
ing company of Vocalists aro engaged for the performance of
Selections from all the populw: Operas, Madrigals, CFR-lluses,
Glees, Ducts, &c., via.: Miss E. Pearce, Mrs, J. Caulfield,
Miss Brunch, Miss Summers, and Madame Marietta; Mr. J.
Caulfield, Herr F. Jongl►mans, R. Grover, T. Farrant, S.
Jones, J. Barker, W. Melling, P. Corti, tenor Antonio M.
de Solla, and E. L. Hiroo ; Masters Austin, Bennett, and
Corti; Messrs. Sam Collins, E. Mackney, and C. J. Wilkins,
Pianoforte, Mr. Cecil flicks; harmonium, J. Caulfield, jun.;
director, Mr. J. Caulfield. Commence at Seven o'clock pre-
cisely. Suppers, drc., until twelve o'clock, Mr. C. Morton's
Annual Full Dress Ball will take place on Wednesday, Feb.
18. Gentleman's tizket, 7s ; lady's ditto, 5s ; double ti cket
(lady and gentleman or two ladies), 10s.

;UGH WATER AT LONDON BRIDGr.

THIS DAY—Morn. 44 min. aft. 6 —Evening 4 min. aft. 7
TO-MORROW—Morn. 27 min. aft. 7—Evening 59 min.aft. 7

TELE WEATHER—Sing OFFICE, FEBRUARY 17.
THERMOMETER, IN THE SHADE.
53—highest since noon 7oel erday3
ea—lowest this morning end during the nlg} t.
51 —this day at noon.
BARON/ T :r‘B, 30 07.
S.S.E. - -Liaht with mild weather and slight
IsPwaraing of rain.

IT)
(
-•-
444

~~~

LONDON, TUESDAY, FEBRUARY 17, 1857.

The French Legislative session was duly opened
yesterday at Paris. The Imperial Speech, a re-
port whereof appears in another part f o this day's
impression, was naturally looked for with extreme
anxiety. It is usually far more explicit than the
vague announcements delivered at the Palace at
Weatminister, and is regarded rather as the ex.
pression of the Imperial will, which must be
implicitly obeyed, than as a recommendation of
matters to be taken into consideration by the
Chambers ? The EMPEROR is, however, begirt..
ning to imitate more closely the English Royal
style, and to leave matters more in suspense than
was formerly the case.

The earlier statements refer to foreign affairs.
We are told that " the difficulties which obstructed
the execution of the Treaty of Paris have been for-
tunately surmounted." But surely such difficulties
should never have arisen. A little more care on the
part of the negotiators, a more accurate conception of
the pettifogging disposition of Russia would have

prevented the possibility of such difficulties, and
more decided action on the part of the French
would have produced a more speedy and satisfac-
tory settlement. Again, we are told that the Neu-
chatel dispute " has lost all its warlike character,
and has enabled us soon to hope for a favourable
solution." Surely tile EMPEROR should be en-
abled to speak more positively on this point. The
swiss Confederation, confiding in his promises,
abandoned their vantage ground, and if FREDE-
RICK WILLIAM should now seek to evade the
performance of his promises, the EMPEROR will
be bound in honour to enforce their solemn
obligation. The occupation of Greece is to
he relinquished. We wish it could be said
that the causes by which it was occasioned
alst ceased. From the commencement, King
OTIIO has been a mere puppet in the hands of the
AUTOCRAT, who could pull the governing strings at
his will and pleasure. In Naples there has been
a strange disappointment of the very natural ex-
pctations, not only of the long-suffering people,
but of all European nations. When the French
and English Ambassadors were withdrawn it was
hoped that the matter would be carried to its legi-
timate conclusions. But BOMBA laughed at the
abortive demonstrations. He hardened his already
indurated heart, and laughed to scorn the abortive
demonstration. It is useless to deny that the
Western Powers have been humiliated, when a more
decided course would have insured a triumphant
issue, and saved the afflicted people the suffering
they are still undergoing.
It is satisfactory to learn that since the resto-
ration of Peace the indirect taxes have increased
by 210,000,000 francs (8,400,000/.). A removal
of prohibitory and protective duties would, how-
ever, develope the national capabilities of the
country, and lead to a still further increase, as
marked as that which has attended our own

policy.
The EMPEROR makes it " a point of honour"
that in France rivers, tike revolutions, shall " re-
turn to their beds." We trust that he may ob-
tain the victory over the laws of nature which he
already regards as accomplished. We should re-
joice if our own Government announced a similar
resolution for the complete and speedy purifica-
tion of that which was once " the silver winding
Thames."

The expenditure for Public Works is to be
reduced, without compromising what has already
been achieved. The produce of the loans will
suffice, it is said, to pay all war expenses,
and there will be no further appeal to public
credit. The annual contingent is to be reduced
to 100,000 men,a tolerably high peace complement
by the way, and there will be some improvement
in the pay of the lower grades, and of the rank
and file, as well as of the civil employb, and a new
trans-atlantic steam company. The war tax, pro-
ducing 19,000,000 francs (760,000/0 is to be
abandoned, but (at least) an equivalent will be
obtained from a new tax on movable property.
France also has its convict question. Exiles
are to be removed from the Coast of Guinea to
Algeria. The Landes of Gascony are to be fer-
tilised, and a complete military penal code is to
be enacted. Such are the leading topics of the
Address. We may regret that the EMPEROR was
not more explicit on many points, and will only
hope that the measures for the benefit of the
people will fulfil the expectations that may be
entertaied in reference thereto.

As to the liberty of the press, the Emperor
trhiuks that one opinion is quite enough in France.
The echoes of truth are rather startling sounds
to troubled minds. But truth is a bitter reformer,
however much power may attempt to keep off the
day of reckoning. Louis NAPOLEON has tasted
adversity, and ought, as a wise man, to profit by
its lessons.

The unanimous condemnation of the existing
law of libel, as developed in the recent case of
" DAVISON V. DUNCAN," has already produced
salutary effects. Lord CAMPBELL, in presenting
a petition in reference thereto, vindicated him-
self and his learned brethren from the re-
sponsibility of that unfortunate decision, and
clearly and distinctly pointed out the propriety
of further extending the principle recognised by
what are termed " CAIIRBELL'S Acts," the foun-
dation whereof is that fair and bona fide reports
•f proceedings inserted in public journals, without
malice, and being for the benefit of the community
at large, should not expose the printers or pub-
lishers to any legal liability. Any abuse of the
privilege would, of course, withdraw the protec-
tion, and render the parties responsible for any
damage occasioned by their misconduct ; but it is
indeed hard that, when discharging an imperative
duty, the neglect whereof would be tantamount
to an abdication of their functions, they should
be subjected to serious annoyance and heavy

proceed against the journals in which the re-
port appeared. But there are Exceptions
to the general rule, which operate very
injuriously to the interests of individual
journalists, and therefore it is essential to remove
the grievance. We trust that Lord CAMPBELL
may himself conduct and bring to perfection the
amelioration which he has himself inaugurated,
or, should his judicial duties and circuit engage-
ments prevent him from introducing an adequate
measure, that some other Noble Lord or Ron.
Gentleman may undertake the task, in which
they will be sustained by the almost unanimous
concurrence of Parliament and the country.

The discussion on the Budget is to be pos
poned. until Friday. Mr. DISRAELI will then
bring for ward his promised amendment, and the
entire scheme will be strictly examined, and, so
far as we can judge, unsparingly criticised. It is
manifest that the new firm of RUSSELL, GLADSTONE,
DISRAELI, and Co., will spare no pains to upset the
project. From what has already appeared, the
struggle will be to compel the observance of the
GLADSTONE arrangement of 1853, so far as the
final abolition of the Income Tax in 1860 is con-
cerned. But that was only a portion of the so-
called compact. To be consistent they should
carry it out in its integrity, and enforce an imme-
diate reduction to sd. in the pound. We have already
pointed out that this may be effected with perfect
ease by providing for the renewal of the Exchequer
Bonds, falling due in each year up to 1860. And
this would be but justice to the people, as par-
tially replacing the 8,000,0001. of debt paid off
in 1854, in consequence of the complete failure
of the project for the conversion of a certain por-
tion of the national debt. Parliament only
assented to the substitution of, one class of
securities for another. But in place of
that understanding being fairly carried
out more than eight millions of debt was
extinguished, and the balances in the National
Exchequer pro tanto reduced. The Exchequer
Bonds were created, not for the purposes of the
war, but of replacing the sum thus improperly ab-
stracted. If there was a compact in 1853, Par-
liament should insist on that sum being
replaced, and that seven millions should not be
taken from the overburdened and impoverished
people within the next three years. If the 7d.
in the pound be granted until 1860, the compact
will be doubly violated. Under the provisions
for sinking funds every war burden will be anni-
hilated within 16 years ; and surely jthat is all
that could reasonably be expected in any quarter.
There was but a single vote taken last night ;
but unfortunately that was one involving the
whole question, being for the payment of the two
millions of bonds falling due in May. We do
not anticipate any allusion to the renewal
of these bonds from any member of the newly-
formed coalition. It will therefore be essential
that some independent member should take up
the point, and bring the question of the GLAD-
STONE abortion fairly before Parliament. If that
money be replaced, and the Income Tax imme-
diately reduced to sd. in the pound, there may be
some foundation for insisting on the abolition of
the Income Tax in 1860. If not, the considera-
tion will altogether fail, and the claims of certain
indirect burdens must also be taken into consi-
__
deration.

There was also a compact respecting the duties
on tea, sugar, and coffee, on the faith whereof
extensive purchases have boon made. If the
argument relied on by Mr. DISRAELI be good for
anything, it must be pushed to its legitimate con-
clusions. It will be for the independent members
to see that this duty be effectually dislharged.
If not, the people may fairly exclaim, both of the
Government and of the Opposition, "A plague of
both your Houses," for whichever triumphs, they
will be left in the lurch.

"I confess that I can see no ground whatever
for acceding to the demand which has been made
for the reduction of the duty on fire assurance ;
and, so far as I am able to judge, I believe it to
bo ono of the last duties which ought to undergo

revision !"

Accustomed as we may have been to look for
any amount of scepticism and hardihood of asser-
tion in an Edinburgh Reviewer, we were utterly
unprepared for this. It took us completely by
surprise ; and though several days have elapsed
since the words were spoken, and the evidence of
their laving been uttered is indiiputable, we are
still loth to believe that the Chancellor of the
Exchequer was accurately reported. Why, such
language is an insult to common sense, and may
readily be construed into an outrage on social
morality and one of the cardinal principles of
our common faith. "No ground for the reduc-
tion of the duty on fire assurance ?" Where are
Ithe eyes of this extraordinary financier ? " One
of the last duties that should undergo revision 1"
Is it a case of monomania ?
Of all social duties, that of making provision for
the future is, by common consent, one of the
most imperative. To deny the obligation is not
only to deny an authority most of us revere, but
also to set at nought every day's development of
what may be called an instinct of civilised beings.
We cannot but think of the morrow, and we are
taught and more or less accustomed to provide
against its necessities and hazards. Fire assurance
is the best known means by which provision can
be made against the ruinous effects of a hazard of
hourly occurrence. To tax fire assurance is to add
to the cost of such provision, and strengthen the
temptation to trust to chance, which assails with
peculiar force individuals of limited means. A
duty on fire assurance is, therefore, in effect, a duty
against fire assurance, and a premium on impro
vidence. That the existing tax has such an effect
the Chancellor of the Exchequer, of course, denies.
Facts, however, are too many for him. How
comes it to pass that in countries where there is
no such tax on fire assurance so many more assur-
ances are effected than in England ? While only
one-third of the property in this country is in-
sured against fire not less than seven-eighths, we
are told, of the property in France is so ! Who
will say the French people are more providently
disposed than the English—the gay and mercurial
Gaul more thoughtful of the morrow than the
careful and industrious Anglo-Saxon ? The infer-
ence is obvious, and that is a protest against the
duty imposed by Government on fire assurance.
To tell us the proceeds of the tax are annually on
the increase is only to add to its force. The fact
speaks volumes for the providence of a people
which mak©s itself conspicuous under such mani-
fest disadvantage.
We have seen that the tendency of the tax is to
deter persons of limited means from effecting po-
licies of assurance, and we are enabled by the ex-
ample of France and our own returns to guess to
what extent. We will now take a glance at a few
of the results of non-assurance. A shopkeeper,
doing a promising stroke of business, and whose
limited capital is invested in his stock, has his
shop burned down in the night. All is gone,
and with it his prospects of competence and his
means of provision for th© wants of his wife and
children. The chances are many against his ever
occupying a similar position again, and in favour

expense.
"The Fourth Estate" is already greatly indebted
to Lord CAMPBELL. We trust that ho will complete
the good work which he commenced in a manner
so satisfactory to the Press and the People of the
United Kingdom. The blot has been hit in the
recent case, and the necessity for further progress
in the same direction manifested. The anxiety
displayed by the Noble and Learned Lord, to
show that no other decision could have been
arrived at, indicates in the strongest manner that
"Law" and " Justice" did not go hand in hand
on that occasion, and that, if possible, a different
judgment would have been pronounced. But the
Judges are merely the interpreters, not the
framers, of the law. Their duty is to declare
what it is, not what it ought to be. However
they may deplore the necessity of giving a
judgment contrary to the sense of what is
right and proper, their course is plain. They
have no alternative. They may point out,
and the Legislature should be prepared without
unnecessary procrastination or delay to give effect
to, their well-considered suggestions and recommen-
dations. They expose the evil—Parliament pro-
vides a suitable remedy.

No person can be injured by the publication o
bona fide reports. The accusation, whatever ii

may be, is not that of the journal, but of the in-
dividual by whom it has been preferred. The
proprietor, editor, printer, or publisher, and all—

even the messenger who delivers copies of the
journal—arelegallyresponsible, but do not indorse
the charge. It has not the sanction of "the mighty
We," but is merely the statement of the JOHN
NOKES or PETER. STYLES, by whom it has been
made, and as such it is taken quantum valeat
by the community. It is one thing
for the Times, or any other journal, to
make a direct and positive statement from itself
-.....an(t1 another to declare, that at a meeting of the
sc'llarnon Council of the Board of Health, or any
other public body, Mr. So-and-So made such a
statement. In the former case it is supposed that
the managers of the journal have satisfied them-
selves of the truth and accuracy of the charge, and
put it forward on their own. authority. In the
latter the gravamen is transferred
to an individual,
and, if he was fairly and accurately reported, on
his shoulders the responsibility should rest.
Public opinion is altogether in favour of this
view of the case, and it Is rare indeed, even for
persons who feel themselves to be aggrieved, to

T}iE STN, LONDON, TUE SDAY FF,t3RUARY 17, 1857.

of his sinking lolier and lower in the ; gocial scale.
The w idow of, say, a shopkeeper or c Ler k, whose
scanty pittance is derived from a little, 'house pro-
perty„ finds that property some month tg destroyed
by ill e, and being uninsured, notb'in g but the
wed ouse, with its insults and priv ons, stares
her in. the face. The workman who 1.,:y little and
little has scraped together, from his b oyhood up-
wai A, a set of tools on which he pric les himself
and. 'which enables him to. pursue his ;iect fling with
cret lit and moderate success, leaves them behind
him :in the factory when work is over, goes home,
and retires to rest—to be awakened 'by the fire-
engir e, whose wheels herald the sad. intelligence
that. • the factory is on fire, and his toolv, his bread-
earn A lrs, his means of living, are consumed. It is
very easy to say these persons ought to ,ve insured.
Of ,-,;( )urse they ought ; and here is our ,objection to
the ttax. It' prevented them. Had the cost of
ass tu 'ante been one-half its existing am ount there
can. be little doubt they would have ins ured ; but
tha -extra money represented by the tax. could only
ha vt ) been paid by the sacrifice of sorae comfort or
po Biltive necessary of life, and the consequence was
the, insurance of their property was postponed.
W .t but injury to society and to the individual
cam reasonably be looked for from a tax like this?
Is ii of the ratepayer burdened enough—does not
poverty corrupt enough—is there not human
mist ry in abundance already—without offering
this premium on im providenee ?

The operation of the tax, however, is not only
prejudicial to the small trader, the widow, the
workman, and all dependent on them for sup-
port. It is injurious to others. The farmer,
wittt his nicely-ba lanced income and expenditure,
finds the cost of assurance heavy, and recognises
in tthe fact an additional and very powerful mo-
tive to trust to chance. Even when he does in-
t, the cost prevents him in most cases from
covering more than one-half the loss he is liable
to:by fire. It is much the same with a struggling
merchant, while those who do insure, and their
number is great, find the cost a serious drawback.

The tax, it will be seen, is immoral, in what it
prevents and what it occasions, both in the indi-
viClual and to society. Immoral in one way
which is too often overlooked, but to which we
must here advert. A policy of assurance is a horn-
book to the ignorant, and a stimulus to industry
awl economical habits to the more reflecting. A
man fights best in the field when his home is
guarded. The effects of the system of assurance
are of an elevating nature, as will the more clearly
reppoar the I.miger the subject is considered. The
tax which retards its spread must in the very na-
ture of things be one of those stumbling-blocks it
is the duty of every honest man to aid in kicking.
bodily away. The tax which Sir G. C. LEWIS
sees no grounds to remit, with which he is so
enamoured that he will part with it at no price,
is the tax whose operation we have been cursorily
examining. Is it not surprising ? And what is
his reason, his exquisite reason, for being thus
enamoured of the tax, and holding it with so con-
vulsive a grasp ? Because—risurn, teneatis—" it

falls exclusively on realised property!" To be sure
the workman's toels are realised property ; most
people, however, will see the impropriety of tax-
ing them. But are the stock of the shopkeeper
and the warehoused goods of the merchant
realised property ? Why, one-half, or more, of
them is had on credit. Yet how heavily the tax
presses on such property will appear from the
fact that the relative proportion of assurance on
factories and warehouses and their contents is
often as one to three—one thousand on the fac-
tory and three thousand on the goods. The tax,
in short, as it exists, is defensible on no grounds
whatever ; and, in the teeth of assurances of
English property being effected in French offices,
it required no little hardihood to defend it and
predicate its continuance. The utmost stretch
of charity can only find an excuse for the Chan-
cellor of the Exchequer, and that a very lame one,
in a profound ignorance, on his part, of the sub-
ject.

The Marquis and Marchioness of Exeter are still at
Burghley House, entertaining company. The family do
not come to town until after Easter.
Maria Marchioness of Ailesbury has arrived at
Claridge's Hotel.
The marriage of the Countess Helene Kielmansegge,
daughter of his Excellency the Hanoverian Minister,with
Lieut.-Colonel Lord Arthur Hay, brother of the Duchess
of Wellington, will take place this morning at St.
George's Church, Hanover-square.
The Earl of Westmoreland left town a few days since,
for Apetborpe House, Northamptonshire.
The Earl and Countess of Lichfield are expected in
town to-day.
Viscountess Palmerston has issued cards for a ball on
Thursday next.
Sir Robert and Lady Emily Peel have arrived at
their residence in Princes-gate, from Drayton Manor,
for the season.
S:r Charles Henry Coote and Lady Coote have arrived
at their residenee in Connaught-place, from Ballyfin
House, Ireland, for the season.
Madame Ida Pfeiffer has arrived in Cape Town, on
her way to the Mauritius and Madagascar.
Lord Feversham has consented to preside at the next
anniversary festival of the Royal Orthopreclio Hospital,
to be held on the 20th of May.
The marriage of Colonel Biddulph, Master of the
Queen's Household, with the Hon. Mary Frederica Sey-
mour, daughter of the late Mr. Frederick and Lady
Mary Seymour, and late one of her Majesty's maids of
honour, was celebrated yesterday afternoon, in the pre-
stance of her Majesty the Queen, his Royal Highness
the Prince, the Prince of Waled, the Princess Royal, the
Princess Alice, and the immediate relatives of the par-
ties. The ceremony was performed in the private chapel
of the Palace, by the Hon. and Rev. Reginald Sackville
West, chaplain in ordinary to the Queen.
The Scotia has arrived from Sydney, but is not knows
to have any gold on freight.
It is now estimated that the remittances of silver to
India by the Colombo on the 20th inst. will exceed
500,000/. The amount already engaged is above
400,0001., and shipments can be effected as late as Wed-
nesday evening next.
The amount of specie engaged up to noon yesterday
for transmission to the West Indies by the steamer La
Plata, which is to leave Southampton to-morrow (Tues
day), is only 6,200/, in silver.

THE ROYAL BRITISH BANK.—Mr. Bacon, Q.C., was
to have made a motion this Morning, before the Lords
Justices, on behalf of Mr. Marcus, for leave to appeal
to the House of Lords from the decision of their lord.
ships against his (Mr. Marcus's) petition to annul the
adjudication in bankruptcy against the Royal British
Bank ; but, in consequence of certain steps not having
been taken, the application was postponed until to.
morrow.

THE GREAT GLOBE.—Tho following of the nobility
and gentry have lately visited the Great Globe :
Prince of Oude and suite, Countess De Torro Diaz,
Sir R. Peel, Lady Russell and family, Hon. Mrs.
Morton and friends, Admiral Cator and family, Gen.
Cannon and family, Sir Mordaunt and Lady Peto, Sir
J. Davis, Sir J. A. Carew, Dunbar, Esq., M.P.,
Lady Abingdon, Dr. Kent and family, Wilcox,
Esq., M.P.
ROYAL FREE ROSPITAL, GRAY'S-INN-ROAD.—The
...umber of patients relieved at this hospital, during the
week ending 14th February, is 2,351, of which 830
ere new cases.

The twentieth annual meeting of the Liverpool and
London Assurance Company was held in Liverpool on
Thursday last. It was stated that the fire receipts for
the year 1850 exceed 220,000/., and that the premiums
upon new life business transacted in the year amounted
to more than 12,000/. A dividend was declared of 12s.
per share—upon 2/. paid.
Notice is given that a petition for the winding up of
the General Indemnity Insurance Company is expected
to be heard before Vice• Chancellor Wood on the 21st

We understand that the forthcoming dividend of the
Eastern Counties Railway Company is to be at the rate
of 53. per share, and that of the South-Eastern Railway
Company 15e. per share, or at the rate of 5 per cent.
per annum,