The Sun.
London, England, 1845-07-30 00:00:00

MONEY AND CITY NEWS.

The meeting of the Blackwell Railway shareholders, held yes.
terday, was for the purpose of obtaining the sanction of the pro-
prietors to an issue of shares for the formation of a junction be-
tween that and the Eastern Counties line. The shares are to be
appropriated at the rate of one new share for every six shares of
original capital, and the directors speak with great confidence of
the success of the projects they have connected with the under-
taking.

The remarks that have lately been made in the House of Com-
mons upon subjects connected with the currency have caused the
same subjects to be discussed in the City, where probably mare
practical knowledge of such matters is to be found.
With respect to Mr. Hume's project for relieving the public of
light sovereigns by establishing Government agencies in different
parts of the kingdom, which should take gold coin at its
intrinsic value, and do for the provinces the work which the Bank
of England performs for London, it is looked upon as all but im-
possible of execution. Every one of the agencies must be supplied
with a large stock of Government money, and with power to in-
crease such stcck if found insufficient. By this a great deal of
cash would be taken out of circulation, and the agents, holding a
most responsible office, would necessarily require considerable sala-
ries. So expensive, it is believed would be the machinery of the
scheme, that the outlay would far exceed any good to be promoted
by it. That there are instances of provincial tradespeople taking
advantage of the current belief in light sovereigns, and defrauding
the humbler classes, there is too much reason to believe; but, on
the whole, the public seem to be satisfied with the system that has
been at work since the last three years.
A supposed deficiency of silver has likewise been brought before
public attention. The Irish railways have, indeed, abstracted some
silver from the circulation for the purpose of wages ; and the
Dutch, who have recently been coining, have come in as large pur-
chasers of silver bullion, that metal being the standard of their
country. But, after all, it is questionable whether the deficiency
in silver coin is to any important extent much greater than it usually
is about the time of harvest, when a large quantity is used for the
payment of labour. The Mint is, at the present time, making new
silver coin, after having suspended its operations, it is said, on ac-
count of some damage sustained by the machinery. The Batik of
England has a large supply of silver bullion in its vaults, which it
is ready to sell to Government, and therefore there is every
reason to suppose that the demand will be very soon supplied,
unless the public mind be needlessly disturbed en the subject, for
it is well known that a belief in a deficiency is very likely to
create one.

The result of the last meeting of Mexican Bondholders is well-
known. They decided upon taking legal steps to compel Messrs.
Lizardi and Co. to transfer to the new agents, Messrs. Schneider,
the funds which they so unaccountably detained, That according
to every principle of equity, as understood by merchants, the late
agents were bound to appropriate to the bondholders only the money
they received on account of the dividends, nobody seemed to enter.
tain the slightest doubt; and we do not believe that a single impar-
tial person was to be found who agreed to the doctrine that debts
due from Mexico to Messrs. Lizardi could be justly set off against
this specific fund, Still there has been great anxiety to see some
legal opinion on the subject, and hence the following opinion of Mr.
James Russel, the Chancery barrister, ,vhich has been taken by
the Committee of Bondholders preliminary to their proe,edmgs,
will he read with great eagerness, It will be seen that public and
legal opinion are precisely in harmony with each other:—
" By the agreement of 1837, one-sixth of the Customhouse
duties of Vera Cruz and Tampico is appropriated to the payment
of the interest p the bonds and, in order to secure its duo ap•

plication, it is paid by the administrators of the Customs into the
hands of two Commissioners, one of whom is nominated by the
bondholders. In the hands of the Commissioners this one-sixth is
severed from the general funds of the Mexican Government, and
it is thenceforth clothed with a trust for the bondholders.

" By a subsequent arrangement the share of the Customs thus
appropriated has been increased from one-sixth to one-fifth.
Though the Mexican Government could not, without violating
good faith, have lessentd the fund, it was quite competent to
them to increase it ; and the one-fifth when received by the
Commissioner is equally clothed with a trust, and for the same
purposes as the one-sixth would have been. - -
" The funds are transmitted by the Commissioner to Lizardi and
Co., the agents of the Mexican Government; but the transmission
is merely for the purpose of distribution among the bondholders.
The transmission is made for the purpose, not of destroying the
trust, but of carrying it into effect. Lizardi and Co. receive the
funds subject to a specific appropriation. Of that appropriation---
of the trust to which the funds are thus subject—Lizardi and Co.
have complete notice : they are themselves trustees of the fund as
soon as the moneys come into their bands, and they cannot apply
them to any purpose other than the payment of the interest on the
bonds, without violating obligations and duties too
plain to be
mistaken.

" If Lizardi and Co. have made advances for the general pur-
poses of the Mexican Government, and if on this separate account
a debt is due to them, they must seek payment of that debt from
the Mexican Government ; and they may justly retain any moneys
in their hands on the general account of the Mexican Government.
But the funds in question were funds which even that Government
had no right to divert from the bondholders. If the Mexican
Government had directed Lizardi and Co. to apply the one-fifth of
the Customs remitted by the Commissioners to the die, harge of a
private debt due from Mexico to Lizardi and Co., that direction
would not have entitled them to retain the money for their own
use, and to attempt to do so without the sanction, and in opposition
to the orders of the Government, is as unjustifiable in law as it 0
in morality."

The opinions of Mr. Turner and Mr. Malins have also been
taken, and, as the Committee state, entirely concur in Mr. Russell's
view. It may be worth while to remind some of our readers that
the reasoning above as to the change from the one-sixth to the one-
fifth is nearly the same as that put forward under this head, when
the point was first started. There seems little doubt that the 13W
will now take its course without any technical impediment. —Times.

CIIINA.—We understand that private letters have
been received in Liverpool from Shanghae, of a date later
than any intelligence which has appeared in the newspapers
and the intelligence which they contain, if strictly correct,
is highly important, as showing the great extension of the
market for Briti.h cotton manufactures in the eastern
ports of China. The statement is to the effect, that, within
three weeks, no less than six vessels, the Sarah Louisa, the
Valon, the Thomas Worthington, the Flora, the Monarch"
and the Richard Cobden, all which left Great Britain in °c'
tober, had arrived at Shanghae; and that nearly the whole of
their cargoes of manufactured goods had been disposed of at
satisfactory prices; grey shirting's netting 3 dollars 30 cents.
cash, and 3 dollars 50 cents. in barter for teas. The alleged
date of the preceding intelligence is the 14th of April from
Shanghae; but it seem quite as probable that that is the date
of its receipt at Macao or Hong-kong, as the dates from those
places only come down to about the 14th of April.—Man"
chester Guardian.

- • -
[ ADVERTISE:NI ENT.]—Ladies, whether temporarily
exposed to the scorching rays of the summer sun, or frequent'
ing the crowded saloon, or close assembly, will find Rowlands
Kalydor a most refreshing preparation and auxiliary to comfort'
dispelling the cloud of languor and relaxation front the corn'
plexinn, and immediately affording the pleasing sensation at-
tending restored elasticity of the skin. The numerous va-
rieties of cutaneous eruptions, sunburn freckles, tan, and dig'
colourations, are pleasingly eradicated by the Kalydor, and the
skin rendered delicately clear and soft. Its purifying and re-
freshing properties have obtained its selection by the Court and
the Royal Family of Great Britain, and those of the Continent
of Europe, together with the elite of the aristocracy and hoot
ton. The high reputation it bears causes unprincipled shop;
keepers to offer their spurious " Kalydors" for sale, compose
of the most deleterious ingredients, containing mineral astrir!:
gents, utterly ruinous to the complexion, and by their repel
lent action endangering health. It is therefore imperative on
purchasers to see that the words " Rowland's Kalydor" are 01
the envelope (an engraving of exquisite beauty, from a steel
plate by Messrs. Perkins, Bacon, and Co.) All others ate
fraudulent counterfeits.
[ADVERTISEMENT.]—BOTANIC WATER AND BEAltgi6
GREASE.—When the hair is becoming thin, and falling on'
the only effectual remedy, besides shaving the head, is the ‘l5.
of the two above-named articles, applied alternately—the b°'
tanic water to cleanse the roots from scurf and as a stimulant'
and the bear's grease as a nourisher. If any further evidence,
was required of the virtues of bear's grease for renovating aIT.
preserving the hair, Mr. Catlin's account of the quantity toot
and the length of hair obtained by some of the North Arne'
rican Indians, would be a sufficient answer. Ross and Sous,
119, and 120, Bishopsgate-street, who first introduced the n!e
of bear's grease in this country, and who fat and kill the sq.
mals, recommend the public to purchase none other but wit'
their names and address printed on the pot, or the changes sr
°
their obtaining a spurious article. All vegetable oils applied t°
the hair are worse than useless.
[ADVERTISEMENT.]—AN AUTHENTICATED `-'-11
OF A FEARFUL CASE OF PILES, BY HOLLOWAY'S PILL!
AND OINTMENT I—John Thompson. Esq., the very res Peer
able editor of the Armagh Guardian, an Irish newsPaPe
vouches as to the fact of an extraordinary cure of a case of Pil.ecsi;
of a most distressing nature, and of some years' standing, W 111.4
was effected by these medicines when every other means ""'d
failed. The person alluded to is a gentleman of large estate Ver
great influence in the County of Armagh. No one need sal`
very long from piles, fistula, and what is termed " a bell
down," if they have recourse to these far-famed remedies.
..%eud
by most of the respectable chemists throughout the ciii"
world, and at Professor Holloway's Establishment, 244, strand'
London.

LORD ELDON'S APERIENT, .
PILLS ti,
habitual Costiveness, have been the means of posi foeO.
cure to many thousands • they are peculiarly adapted for yeed"on
by the
both sexes who are of sedentary habits ; they are PAY:LI:us mall-
nobility and gentry, and are the mildest and most ow-A--
eine extant.
Sold in boxes at Is. 1 y,d., 2s. 9d , and 4g. 6d., IV
loW
Barclay and Co., 95, Farringdon-street ; Sutton and Co., 10,
rr
Churchyard ; Newberry, 45, and Edwards, 65, St. l'aul'S ; 5a,1,1%0
150, Oxford-street; and by all respectable Druggists and Moulina
Venders in the Kingdom : and wholesale, at 13, Great St. TllO
Apostle, London.

TESTL.FONIAL TO LORD ELDON'S PILLS. „,
Sir,--I have subjected to a careful chemical analysis the riu'..rei-it/
pared by you, and find them to consist of effectual but safe ape'
without any mercurial preparation whatever, Yours, Scc.
A URE'
19 Charlotte-street, Bedford-square, London.

THE NINTH EDITION.
Just Published, in a sealed envelope, pries 2s. Cd., and sent free'

receipt of a Post-office Ordlr for 3s. 6d. tha
MANLY HEALTH : a Popular Inquiry int°oc•
Concealed Cause of its Premature Decline, with In- 0001
tions for its Complete Restoration. Addressed to those sufferia
the destructive consequences of excessive tndnlgence, terminate IV
Mental and Nervous Debility, Local or Constitutional Weakneg'upo
digestion, and Consumption. Including a comprehensive Disse.„l/CP
on manaiAor,. Illustrated with Cases, &c By C. J.
and Co., Consulting Surgeons, London. gtro,.."
May be had of the Authors, No. 60, Newman-street, Oxford'
and sold by Brittain, 11, Paternoster-row • Hannay and Co
Lea 15'
Oxford-street ; Noble, 109, Chancery-lane ; Gordon, 146, l5,
hall-street; G. Mansell, 3, King-street, Southwark; C. Westert.°enster
Park-side, Knightsbridge; Huett, 37, Princes-street, Le‘lc 2,,far
square, London ; T. Sowler, Courier-office, 4, St. Ann's-square'
; W. Howell, 75, Dale-street, Liverpool ; W. Wood,
78, Eaio'
street, Birmingham; W. and 11. Robinson, 11, Greenside-street,
burgh, T. Price, Dame-street, Dublin ; and all Booksellers. 0110_,
" The best of all friends is the professional friend ; and 111 n",
can he be consulted with greater safety and secrecy than in, tat!:
en Manly Health.' The author shows how Manly VigouWeeN-4
porarily impaired, can be restored." The New Bell's
Messenger. o and
Messrs. Lucas and Co. are to be consulted from Ten till „..„;tof
from Five till Eight in the evening, at their residence, 2(0. y
man-street, Oxford-street, London, and country patients Iliolna
successfully treated, on minutely describing their case, and eIL
the usual fee of 1/. for advice.

FOURTEENTH EDITION of the SILENT FRIEND on 00ip-
Frailty, with Coloured Engravings. 39.0'
fast published, price 2s. 6d., free by post (in a sealed enveloped On
grim SILENT FRIEND ; a Medical Work so,
, the Infirmities of the Generative System in both 58Xe9re'ti0n'
on the loss of the reproductive powers, with means of tes.r spord
The baneful effects of solitary indulge- ce, neglected syPhill'f otoni
toms, &c., are fully pointed out. Illustrated by Engravings ; oval
by observations on Marriage, with plain directions for the Co—suitl
certain disqualifications. By It. and L. PERRY and Co., lied
3
Surgeons, London. Published by the Authors, and MaY„,-T.
their residence, 19, BERNERS-STREET, OXFORD-STRD .'. Or
Sold by Strange, 21, Paternoster-row ; Hannay and Co.,o"lipton-
ford-street ; Gordon, 146, Lea.denhall-street ; Purkiss, Co
street, Soho; and all Booksellers. a Wor
..• pi
" We regard the work before us, the ' Silent Friend,'
embracing most clear and practical views of a series of
eftlie v't
hitherto little understood, and passed over by a majority of w rale e
heal profession, for what reason we are at a loss to know•
however confess that a perusal of this work has left such a l 3
pe Kalil
impression on our minds, that we not only recommend, corm j-
wish wish every one who is the 'victim of past folly, or suffering ir"„dArg""
•
cretion, to profit by the advice contained in its pages."—Agee,eted,Al
The CORDIAL BALM of SYRIACUM is exclusively oh es, 1,7,1
the cure of nervous and sexual debility, irregularity, we3Zogr-ii
of appetite, indigestion, consumptive habits, t•.-.nd debilities at. in on,
excess, &c. In bottles, price Ils., or the quantity of foesalt,
bottle for 33a., by which Its. are saved. The five-pound
be had as usual.
The CONCENTRATED DETERSIVE ESSENCE, an „
litic remedy for searching out and purifying the blood Ito': pela_,•""
blotches en the head, face, and body, ulcerations, and theteretn.l;
affections arising from improper treatment or the effects ofzi. pro-
removing secondary symptoms, and all eruptions of the sluu
11E. andß 335. per bottle. gd., ilar
PERY'S PURIFYING SPECIFIC PILLS, price 25.
mid I Is. per box, are the most effectual remedy for stricturepu...:l.
9;
'nation, irritation of the bladder, &c., without hindrance Oneees
Consultation fee, If by letter. IL Minute detail of cases wit
an
Messrs. Perry are in daily attendance, for consultation. 302, r
ridence, 19, Ilerners-street, Oxford.street, London. from 11 0011
5 till K. On Sundays from 10 till 12. One personal visit is
co sary tnnffeet a pormftriont rum

1417? 7',

FIB. ..,, „ 1.41 L"
On the 28th inst., at Whitehall, the Right r10"'
Carington, of a son. r ri..intaili l'
On the 19th inst., at Carmarthen, the wife of "-`
Sc
On ott, A"--9
of a son. ir Cbariej
the 20th inst., at Jouy, near Versailles, `'. of
Mallet, of a daughter. Escl''
On the 23d inst., the wife of Josiah Roberti(
is Eat.
Sharston-mount, Cheshire, of a son.
On the 25th inst., at Portsmouth, the lady of Capon. .
wick, 76th Regiment, of a daughter, prematurely bh:streeto
On the 27th inst., Mrs. Frederick Cowell,-klig
Southwark, of a daughter, still-born. Cheer
On the 27th inst., in Manor- grove, King's-r°2cl'••teriee*
the wife of Mr. W. Lawrence Browne, of twin dauglithe ladY
On the 27th inst., at Derwent-bank. near Derby'
Of
of Edward Strutt, Esq., M.P.. of a daughter. the wife
On the 28th inst., at Upper-street, Islington( -
Mr. F. W. Thomas. auctioneer, of a (laughter.

Gus"-
PI f` .
On the 24th inst., at Tottenham, Middleserc, jolT 0,, t"
VIM Halliday, Lieutenant in the Madras Army', ,t° -"ti-'d
youngest daughter of the late W. M. Cotton, -r'scl" to
Petersburgh. ' 34.,,
Catherine Dorcas of Sir
second daughter li
Jardine, Blo2o3rdcaisnsiNtranile,tih Edwin Strickland! iiiiiini
art., of Applcgirth, Dumfries-shire. .„, Jose
On the 29th inst., at Chilton Church, 13ucts'er of t''''-
Bally, Esq., to Emily Hyacinth eldest daugbt
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Rev. G. Chetwude. ' Ann,

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her Majesty's service.
senior ()11
clerkstlte 2 I.:, ift
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()tithe 18th inst., at Shenfield, Essex, Phillip C
of Queen's College, Caml,ridge f tbe
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On the 23d hist , at Sunderland, Lieutenan-
Pin horn, R. V., aged.•lB. f vaistellt
On the 25th inst., John NVnrniington, Esq" ° A a11e.5,
Es,ex, :aged 82. lffolle,"
On th, 25th inst., at the Rectory, Freston, , 1 of
wife of Ile,. ry C. Mule:, Esc of Honiton, Devon. iza, wife
On the 25th inst. at. Challut Park, Bucks, fj et
Robfr! 7,-x4n(l'er. nart. A e 113rri
, 0.2 I IL. 2.;tli in ,q., at Kepi-x.1-4r, et, Russell-squ-:u'rgeon•
I.llllllClitii,, illleliit d•ll.l,hter , 'A
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lAN:, tj-Jll : frintau and Pubbstued by 11:03,
O. 112, Strand, Printer, et The SOO ,e: ed. lOW
Strand. in the Precinct. of the Seven ha I."'
Middlesex, Wednesday, July 30p I"°'
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