The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-07-01


United States.
Thomas Cave. ESQ, NJ r., who represents the borough
OF Barnstape in the English Parliament arrived in New
York in the steamship Russia q few days since. Mr.
Cave will make visit to Washington and other impor
tant centres OF the Union where he will for himself
the practical working of democratic Institutions and
will no doubt carry homo many useful suggestions for
his brother legislators the subject Of popular progress
as eAemplhed under our system of government.
Mr. Cave is likely to enjoy very cordial reception in
this country not account of his personal &C
qurements than his political reputation, as he is hard
working member of the party Of English reformers who
follow the lead OF John Bright and may be termed the
constitutional revoutonsts Of that country seeking
to attain full measure OF popular franchise by execu
tive instamensf they cannot do bettcr-and Just
accept the concessions contained in Lord Derbys mea
sure with pretty much the intentions did the
Girondiss and Jacobins Of the French Assembly take
those of Mrabeau-Mr. Disrael being regarded the
hrabeau Of the British Cabinet
The fine parliamentary ability Of Mr.. Cave has not
only made him ono Of the conspicuous English political
leaders Of the day, but has acquired for him small
reputation this side Of the Atlantic where his
Is we'll known. He Of tho few British statesmen
who fully appreciate the rapid development of this
country and is exceedingly Jealous to promote not only
the closest commercial relations but the hearest and
sncerest friendship and good will between the kindred
nations. His late speeches in Parliament have shown
his strong American bias
Mr. Cave will pass part Of tho summer in America
vgilant observer Of passing events. He journeys to
Washington in the end Of the week. to pay his respects
to the President and General Grant Mr.. Cave, it is
stated, is one OF committee of four members Of Par
Lament appointed to make report the condition OF
the Atlantic and Great Western Railroad built by James
McHenry with English capital TO the amount of forty
millions Of dollars and We are informed that he has
already written TO England that the road is Of the
most valuable The world and that the statements Cir
culaed to the contrary merely the tricks Of specula
tors undertaken TO lower the stock in order to buy up
The opinions of this gentleman in such direction will
carry great weight bio is exceedingly practical and
intelligent subjects connected with raj Iroad enter
prises, their working, management and finance, and
devocs much attention to their calculation In the House
of Commons and reform by healthy legislative control
Very lately, in the House, Mr. Sheridan moved the
second reading Of bill for compelling railway companies
to establish means of communication between guards
and passengers and to enforce its necessity narrated
particulars Of many accidents and outrages which might
have been prevented by such communication, and
explained that the bill did not bind tho directors
to any special scheme, but that 1t inflicted
penalties for mischlevous malicious of these sig
nails Mr.. Cave, while consenting TO this stage of the
ton, and pressed Mr. Sheridan before proceeding fur
Their to wait for the report Of royal commission the
subject, that he might adapt his bill to its recon-
mendations. At the time he pointed out that
many accidents not preventable by those
ncatons-they useful for the prevention OF
outragesand he canvassed the various plans work
on foreign and English railways both in the construc
ton of carriages and the employment Of signals,
GLIDING that absolutely successful entirely
applicable to English lines
Almost the same time Sir W. HUT, ia moving for
leave bring bill for the better regulation and
pcrvsion by tho Board OF Trade Of the accounts of rail-
way and other joint stock companies said that his object
to for the shareholders Of these companies
and for tine public true balance sheets and state
ments OF assets and liabilities The bill proposed to
empower the Board of Trade, upon the requiston OF
two directors Of company, to appoint certain persons
to investigate the account books and vouchers Of
the company, to make report OF the state of It's
affairs. and TO enforce the provisions Of the bill by
OF certain penal clauses Mr. Cave said this
not the FIRST time that proposal like this had been SUBJ
mted to Parliament In the year 1s47, after disasters
in the railway world general perhaps, in proper
ton than those which had recently occurred similar
remedies were advocated Those attempts were not
they seemed to have been resisted by drec
tors and shareholdcs and four bills frutlessly
introduced into the House Of Commons in three years.
He afraid that should accounts be ociay audited,
might be represented that the soundness Of the
pancs' financial position certified and guaran.
teed by the government and he had sometimes thought
that it might DO better 10 allow railway companies
to constitute such central board for themselves with
the machinery which at their disposal In that most
useful institution, the Railway Clearing House, which
had already added with excellent result. adminstra.
tive functions Of important kind to those Of merely
mechanical nature.
Barnstaple borough, which Mr. Cave represents in the
House, is seaport and market town in the county of
Devon, England, said to have been founded by Athel-
stein, and Incorporated by Henry the First. Bishop
Jewel and the poet Gay educated in its grammar
school, which rs built position Of an old monastery.
Barnstabe has many extensive manufactures. 1t sends
two members to the House OF Commons.