The Sun.
London, England, 1844-04-13 00:00:00

DRURY-LANE THEATRE.

Duprez took his farewell last night of the English
public, in the same character in which he first ap-
peared before them, in which he won their favour, and
kept it to the end of his engagement—Arnold, in
William Tell. The house was filled, and the opera
was exceedingly well played ; the number of times it
hasbeenre
music,atedha of which vingrendered the public familiar
both with the none can grow weary,
however often heard, and with Duprez' singing,
which we hope .to hear again, .. we
are spared the
necessity of going into any critical analysis •of the
performance. It seems almost a pity that, just when
the different actors are
acquiring smoothness and
finish in the parts, and the chorusses have been drilled
into precision, the engagement of the star should ter-
-1 millet. ne was last night encored in the grand
solo in the last scone, throughout which he both sang
and acted with extraordinary fire and energy,
and at the end of the piece was called be-
fore the curtain to receive the farewell
plaudits of his English audience, which were
accompanied by a shower of garlands, wreaths, and
bouquets. We trust his brief visit has been satisfac-
tory, both to himself and the manager. The per-
formances terminated with the revived melodrama,
the Tale of Mystery, which dragged through two
acts, frequentlyi„ interrupted by hisses, it was only
saved by the Styrien, danced by Miss Webster
and M. Delferier. The piece is evidently opposed to
the taste of the day.

THE NEIV NOVEL, ET THE AUTHORESS or " THE
FLIRT."—We are requested to state that the " Wilful-
nese of Woman," a novel, by the authoress of " The
History of a Flirt," " The Manoeuvring Mother," &c., in
3 vols., is published this day by Mr. Colburn, of Great
Marlborough-street, and may now be had at all the Li-
braries.
Mr. Colburn has also just published :-2. Mr.
Lever's new work, " Arthur O'Leary," illustrated by
George Cruikshank, 3 vols. 3. " Whitefriars ; or, the
Days of Charles IL," an historical romance, third edi-
tion, 3 vols. 4. "'Chatsworth ; or, the Romance of a
Week," edited by the author of " Tremaine," "De
Vera," &c., second edition, 3 vols. 5. " The Perils of
Beauty," by Captain Frederick Chamier, 3 vols. 6.
" The Brothers," by the author of " Oliver Cromwell,"
&c., 3 vols. 7. "Windsor Castle," an historical romance,
with 110 illustrations by George Cruikshank, Lc., 1
voL, price •145.; elegantly bound.
Lord Stanley arrived in toy T yesterday enzing, frort
livactriltr U&lliaacsihitt

BANK STOCK.
TO THE EDITOR OF THE SUN.

Ste,—l find by the newspapers that much surprise
has been expressed at what is called "the very high
price of Bank Stock;" parties expressing that surprise
cannot possibly be aware of the immense value of the
property in which the proprietors of Bank Stock have an
interest. I will shortly endeavour to explain it.
In the first instance, I will explain that the Bank
stockholders have not one penny of their advanced
capital employed in the banking department ; what is
called the rest, now amounting to upwards of 3,000,0001.,
is most undoubtedly the property of the stockholders,
but it never was part of their advanced capital. It is
profit accrued from banking that has not been divided
when dividends have been declared. The whole of the
capital was in the hands of Government, for which they
paid the Bank three per cent.; thus, when the Bank pays
seven per cent. dividend to the stockholders, they receive
out of that three per cent. from the Government and
four per cent. from the profits of banking. lam not
aware of the precise amount of Bank Stock on which the
dividend is declared. By taking it at 14,686,800/., the
amount due by the Government to the Bank in 1833, and
on which four per cent. was paid to the stockholders in
addition to the three per cent. from the Government, it is
evident that a profit of nearly 600,000/. must have been
made annually by banking over and above all and every
expense ; and this enormous profit may be deemed to
have been made on the capital employed of only
3,000,000/. (the amount of the rest) with 'the employ-
ment of other parties' capital which has been deposited
at the Bank without interest. However the Directors
may have been attacked for want of judgment in their
proceedings as bankers, I believe as regards the public
and the proprietors of stock, no company was ever con.
ducted with such strict regard to honour and honesty.
As to the policy of the charter of the Bank as a
monopoly, that is another question.
Now as to the value of the property of the Bank
stockholders :
In 1833 the debt due by the Government
to the Bank was 14,686,800/. Parliament in
that year agreed to pay off one-fourth of the
debt, which left a balance duo to the Bank of 11,013,100
2. The mode by which the one-fourth of
the debt due to the Bank was paid was this :
that for the quarter. or 3,671,7001., the Bank
was given 4,080,000/. Three per Cent. Re-
duced Stock, rendering the Government
liable to pay the Bank, at a future period,
just •408,300/. more than was due ; so this one-

-fourth of the debt due to the stockholders in
1833 is now worth to them

3. The balance over assets and liabilities,
called the " rest," which is the property of
the Proprietors, as declared 24th Feb., 1844, 3,137,000
4. Estimated value of Bank notes lost or
destroyed by parties out of the Bank, which
it is not probable will ever be demanded . 400,000
5. Estimated value of the Bank buildings... 1,000,000
6. The value of the banking business,
which is the cause of the additional four per
cent. paid to the Proprietors over and above
the three per cent. paid by the Government
on the present debt of 11,015,0001., and the
three per cent. realised on the 4,q80,000/.
Three per Cent. Reduced stock, the proceeds
of a quarter of the debt paid by Government
in 1833, estimated to be fully equal to the
value of the amount of Bank stock itself,
which we will take to amount to the sum due
by Government to the Bank in 1833, before
the quarter was paid off 14,686,000

The grand total of the sum in which the
stockholders have an interest. 434,318,900
Thus we see that the value of the interest of the Pro-
prietors of Bank Stock is 150 per cent. more than their
amount of stock, or as 100 to 250. Yet, strange to
say, exclamations are made, " How very high Bank
Stock is," when it is but double, viz. 200.

I do not consider that I have exaggerated one single
point, but I feel assured that I have considerably under-
rated the value of Bank of England property, in conse-
quence of the Proprietors having an interest in other
funds and securities that I am not able to get at.
On the 4th of February, 1843, in a letter of mine to
you, I stated that in the returns of the Direetors of the
Bank of England to the Stamp-office, they calculated
all the notes issued and not -paid since the original
grant of the Charter in 1696 as being in circulation, and
that according to returns made by the Bank to Parliament
in 1832, nearly half a million of notes were in circula-
tion, that it was probable the Bank would never be
called upon to pay. Mr. Salomons, at the following
general meeting of the Proprietors, asked the Governor
if such were the fact—it was admitted by the Governor
to bo so. Bank Stock in3tantly rose seven per cent., so
I may flatter myself that I conferred a benefit on the
Proprietors by my announcement, and I have no doubt
that if parties should find my statement as to the value
of Bank property to be correct, that we shall see Bank
Stock quoted at 2051. or 2061. in less than a week from
the publication of the above.—l am, Sir, yours, &c.,
Ilfracombe, April 10, 1844. GORDIUS.
P.S. I send you a paragraph for your City articlejfor
September 1, 1844, viz., "Bank Stock at or above 2201."

TESTIMONIAL TO MR. ROWLAND
HILL.
TO THE EDITOR OF THE SUN.

Stu,—On reading in your edition of yesterday the
article respecting the testimonial to Mr. R. Hill, I beg
to suggest that you would further Mr. Hill's interest
greatly, by informing the public what the testimonial is
to consist of, as a great many of my neighbours would
become subscribers, provided the money thus raised were
given to Mr. Hill, so that he can lay it out for his own
benefit. The rumour of a piece of plate being intended
to be purchased as a testimonial to Mr. Hill, prevents
many people from adding their names to the subscription
list, and among them is the writer, who would gladly re-
mit you a guinea for Mr. Hill if he was assured that his
well-meant suggestion, or some similar plan, were to be
carried into effect.—l am, Sir, _ _ _

A CONSTANT READER OF TOUR PAPER.
Huddersfield, April 12, 1844.

COURT CIRCULAR.

WINDEOR, FRIDAY.—The Queen and Prince Albert,
and their august visitors, the King and Queen of the
Belgians and also some of the Royal suite walked this
morning in the grounds about the Castle.
Colonel Buckley arrived at the Castle to-day, and has
succeeded Major-General Wemyss in the duties of
Equerry in Waiting on her Majesty.
The Hon. Miss Hamilton, Maid of Honour to her Ma-
jesty, has arrived at the Castle, in place of the Hon.
iss Derereux.

The Royal Family have been taken out airings in
carriages to-day.
In the afternoon the Queen and Prince Albert left
the Castle for an airing in an open carriage, the Prince
driving. Colonel Buckley, Equerry in Waiting on her
Majesty, was in attendance on horseback.
Iler Royal Highness the Duchess of Kent, and her
Lady in Waiting, Lady Anna Maria Dawson, will join
the Royal dinner party at the Castle this evening.

The Duke of Cambridge visited her Royal Highness
the Duchess of Gloucester on Thursday, at Gloucester
House. Her Royal Highness afterwards went to his
residence at Kew.

Sir James Graham, and other Cabinet Ministers, had
interviews with Sir Robert Peel yesterday.
Count Kielmannsegge, the Hanoverian Minister,
transacted business yesterday at the Foreign-office.

DEATH FROM STARVATION —An inquest was held
at Bothwell, on Monday, before Mr. Jewison, Coroner,
and a respectable jury, on view of the body of William
Ward, aged 52, when the following evidence was ad-
duced :—Charlotte Ward, being sworn, said, " I am
own cousin to the deceased William Ward. He resided
in Bothwell; is 52 years of age; was formerly a coal
miner, but has lately been employed three days a week
by the overseers of Hunslet, at Is. 6d. per day, to
which place lie went to work at any kind of labour in
the morning and returned home at night. He has a
wife and six children, four of whom are unable to work.
The other two, when in full work, earn I ls. a week, but
they were only partially employed, until the colliers'
strike ceased about a month since. The last month de-
ceased's income has been 15s. 6d. a week for eight per-
sons. _ I am sure he has sometimes wanted food ; has

often left home to go to his work at Hunslet without
breakfast, and taken nothing for his day's support but a
small piece of bread. He complained on Saturday of
pain in his breast, which continued till Sunday morning,
and then he was better until night, when the pain be-
came worse until Monday morning ; then they fetched
the doctor, who ordered a mustard plaster to
his breast, but gave him no medicine, and said
he was unfit to work, and that it was a shame he
should be set to work. Deceased had very little use
of -his bands when they were cold. He continued
to -get worse on Monday, but walked about. He could
not bear to lie down for pain. I was sent for between
four and five o'clock to his house, when I found him
lying upon the floor. behind the door insensible. Some
persons raised hiss up, but he was dying. He breathed
once or twice, and died. He has complained of want-
ing food many a time. I think he would have been
living now if he had been better provided with
food. There are no marks of violence upon his
person. The deceased was a pious man, of ex-
cellent character, was well known to the jury, by se-
veral of whom he had been occasionally, assisted, and
they were unanimously of opinion his death had been
caused from want of food. The following verdict was re-
turned :—That the said William Ward, on the Ist day
of April, at his own house in Bothwell, suddenly
fell down upon the floor, and then and there instantly
died. That for the last twelve months he has suffered
great privations for want of the common necessaries of
life, and that he died from the effects caused by ex-
haustion and want of food.—Leeds Intrlligentm
SOLICITOR.GENERALsnir.—(From a Correspon -
dent.)—A general impression prevails in Lincoln's Inn, that
Mr. John Stuart, Q.C., at the Chancery bar, will have the
Solicitor-Generalship conferred upon him. He is a gentle-
man of the most unassuming habits, of great experience and
ability, and, by.his courtesy and highly honourable principles
and conduct, is a favourite with the bar.
VISIT OF THE DUCHESS OF KENT TO GERMANY.—
His Serene Highness the Prince of Leinengen, who arrived
at Windsor on Thursday evening, with his Royal Highness
Prince Albert, having accompanied the Prince Consort from
Ostend to England in the Princess Alice Government
steamer, will remain in this country upon a visit to her
Majesty for about a fortnight. At the end of the present
month his Serene Highness will accompany his illustrious
mother, the Duchess of Kent, to the Continent, where her
Royal Highness is expected to remain for about three weeks
or a month. It is stated to be the intention of her Royal
Highness, upon leaving England, to proceed to Paris, and
thence to Germany, after a brief sojourn in. the French
capital. The Royal Duchess is expected to pay a visit to
her brother, the Egg of the Beigian2, during her
absence
rZglazd, r °titling t Ostend, in cue of the Govtatt,
=UAW