The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-10-03
Now York STOCK QuotntIons, 2 II. N.
Received by telegraph from qlendinninR d
Davis Stock Brokers. No. 48 3. Third straat.--
A MILLION AND A HALF PER ANNUM.
The Young Marquis OF Bute-A Curious
Family HistOrY.


The Cardiff correspondent of the London
Doiiy Netcs says:-
"South Wales is rapidly getting itself into a
state of excitement concerning the festivities
which are to be celebrated here, during the
second week of September, in honor OF the
coming of age of the Marquis OF Butte. The
copper world of Swansea, the iron men OF
Merthyr Tydvil, the colliers of Aberdare, and
the tin miners of Monmouthshire, alike intend
to pour into Cardiff on this occasion. Even the
shippers ol Newport will come over. They are
the natural rivals of the Cardiff men, and great
is the competition between them. Each town
boasts of its superior progress with especial
relation to the other; and the emulation cer-
talnly has most advantageous effect on both,
for two more thriving and advancing popula-
tions than those of Cardiff and Newport are
scarcely to be found in the whole OF the United
Kingdom.
cardiff, at the commencement OF this CEN
tury, was petty town, with no more than one
thousand eight hundred and seventy inhabit-
ants, consisting of two small cross streets over
shadowed by ruinous old castle. The whole
district between the town and the sea was, at
th time, morass, over which the tide swept
at high water. The trade OF the place was
mainly carried on by two sloops, of about sixty
tons each, called respectively the Cardiff Castle
and the Merthy Trader, which piled once every
alternate week between this and Bristol. At
that time coal was supplied to Cardiff from some
outcIops at Caerphllly. 1t was brought to the
town in bags on the backs of mules and ponies
each bag containing from one to two hundred
weight. Comparatively few OF the inhabitants
of the district could then speak English; now
comparatively few speak Welsh.
'This miserable state of things was a cool
deal affected by the construction of canal
called the Glamorp anshire Canal, which served
TO bring the coal and iron OF the Merthyr dis
trict down to Cardiff, and to enable vessels to
enter its sea locks for loading purposes. Al
though its capital was little more thlu elOO, 900,
this Glamorganshire Canal, no wever, was for q
long period doubtful commercial speculation.
This was materially owing. no doubt, to the
lfY,nif tod nAo ion 10 aHo dad $50
shipping. The trade Of Cardiff continued, how
ever, to be carried on until 1889 by means of
this canal, and the town increased proportion
ately: In 1881 the population had risen to
about 5000.
alt was in that year that the last Marquis OF
Butte, an intelligent and tar-seeing man, ootaned
| an act OF Parliament enabling him to construct
| a dock at Cardiff. Ii was an important measure,
| not only for the locality but for himself; for the
| Marquis held all the land in the town, and not
| only in the town, but In all the hill country
| round about it. If the mineral riches of Gia-
| morganshire were to be developed, more &C.
| comm odation for shipping must be provided; ;
and the Marquis saw that nowhere else could
| that accommodation be provided more to his
| own advantage than at Cardiff, which forms his
| own estate. He calculated that one thing would
| react upon the other; the increase Of shipping
| upon the development OF minerals: the develop
| ment OF minerals upon the increase of shipping,
| wbilst both would largely influence the pros
| periy of Cardiff. And as the hills containing
| the coal and ironstone were his own property
| as the deck land was his own property, and the
| docks them selves would be his own property
and as all the town of Cardiff was his o wn pro-
| pertY the Marquis foresaw that the great bulk
| of the advantage from the development OF
minerals, the Improvement of the dock land,
| the use of the docks, and the enlargement Of
Cardiff, must accrue to himself and to his heirs.
"The West Butte Dock was opened in 1889, aad
almost simultaneously with 1t railway accom-
and the docks. The whole system may be said
| to have come into active working operation In
| 1S41. 1t was at that very time that a new COL
| hery district of Great Importance came into
| Goals of the Aberdare collieries were compara-
| lively smokeess, and that for that and other
| reasons they were specially and peeunarlly
adapted for steady shipping. The Admiralty
| the reports being favorable, these Goals came
| into Immediate use 10 our navy. A railway was
down to the Butte docks. All through the day
| and night now long lines OF wagons, conveying
| huge masses Of coal, are traverslng the railways
| into the Butte docks, where the shipment is cor
| Quoted under very favorable circumstances, by a
single tilt out OF the truck into the ships hold.
| "The rapid development of the mineral dis
trict OF course required equally rapid develop.
| ment of dock accommodation. The Marquis OF
Butte was not behind the emergency. He
| devoted his energies and his purse to the cou-
| struction not only OF second dock, but of a
| great tidal basin, with ample entrance gates for
| shipping OF laree size. Around these entrance
| gates has sprung no an entirely new to Wn,
chiefly inhabited by persons engaged in the
shipping trade. All the great collieries have
agents and offices here: there are handsome and
spacious hotels, fine stone-bullt houses for con.
sular establishments, etc, all having prospect
of the sea a mile distant over the very beautiful
estuary OF the Taft.
The Marquis OF Butte did not, however, live
to see the accom- plishment of all his cherished
projects. He worked very hard labOred most
assiduously and courhgeously for their attain
ment, and he was able to rejoice in their success,
and 10 see that everything around him was
spIinRing from decadence into life and vigor.
He was himself falling into the scar and yellow
leaf when he thought fit to marry. His mar.
risge was serious blow to other members OF
two brothers, Lord james Stuart and Lord
Dudley Coutts Stuart, both wellknown men In
their day; the former a staunch Wing, and ths
latter an ardent radical, and the enthusia astlC
and devoted frsina of Poland. Lord james
Stuart, the elder of the two, had lived life o
] comnarativa novertv having "a very large family