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THE MADRAS IRRIGATION AND CANAL COMPANY.
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SERIALS.
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HINDUSTANI AT CAMBRIDGE.
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THE BATTLK OF THE BANKS OF ENGLAND AND FRANCE FOR GOLD
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Messrs . Edward Moxon and Go . beg to announce that they will publish , early in December , d second series of " Hood ' s Own , " in one volume , 8 vo ., illustrated with numerous cuts , in-iee 10 s . 6 d . j elegantly bound in cloth , Ifc is but fair to argue from the popularity of the Iir . * fc , that this second series of " Hood's Own " will be universally welcomed , containing , as it will do , the later writings of the author , when his style was more matured whilst his genius remained as bright , if not brighter , than ever . This volume will be uniform with the " First Series . " The" Worn Wadding Ring , " and other poems , by Mr . W . C . Bennett , will , we learn , be published immediately by Messrs . Chapman and Hall . The volume will contain , in addition to the lyrics and ballad , 100 sonnets , a form of poetry on which the writer has not before tried his hand . fcjoOiETV of Aets , Mattfactubes , and CoaiirmioE . —The 107 th session of this Society commenced on Wednesday last , when the ope iin < r address was delivered by Sir Thomas Phillips . ' F . G-. S . The guarantee fund amounts , it appears , to the enormous sum of £ 365 , 000 . The medals , which wore awarded by the council for papers read at the weekly evening meetings , during the last session , and for articles submitted to the Society ' s committees , Were distributed as follows : To Mr . R . Thomson , for several novel and ingenious instruments and tools , for use in dental surgery—the Society ' s silver medal . To Mr . Leonard Wray , for his compound of materials as a substitute for gutta perchathe Society ' s silver medal . To Mr . J . O . Morton , for his paper read before the Society , " on the Forces used in Agriculture "—the Society's medal . To Mr . Leonard Wray , for his paper read before the Society , " On the Means of Increasing the Production of Sheep ' s Wool , ami Angora Goat ' s Hair "—che Society ' s silver medal . To Mr . George R , Burnell , for his two papers read before the Society , "On Building Stones—the Causes of their Decay , and the If cans of Preventing it , " and "On Building Woods—the Causes of their Decay , and the Means of Preventing it "—the Society ' s silver medal . To Mr . Daugli'sh , for his paper read before the Society , " On a "Ncvr System of Bread Manufacture "—the Society ' s silver" medal . To Dr . J . Forbes Watson , F . R . S ., for his paper read before the Society , " On the Chief Fibi ^ eyielding Plants of India "—the Society ' s silver medal . For the meetings previous to Christmas , the following arrangements have been made : —November 28 . — " On the Acclimatization of Animals ; "by Mr . P . T . Buekland , M . A ., Student of Christ Church , Oxford , Assistant-Surgeon , Second Life Guards . December 5 , " On Electro-block Printing , especially as applied to Enlarging or Reducing from any Printing Surface or'Origihal Drawing ; " by Mr . H . G . Collins . December 12 . — " Italian Commerce and Industries ; " by Professor Leone Levi . December 19 . — " On the Straw Plait Trade ; " by Mr . A . J . Tansley . The chair is taken at eight o ' clock . The subject of the Exhibition of 1862 will be found at length , under that head , in another article .
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$ ov . ' 24 , L 8 < 50 ] The Saturday Analyst and Leader . 9 do
The Madras Irrigation And Canal Company.
THE MADRAS IRRIGATION AND CANAL COMPANY .
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rflHE third report of the directors is now before us . The Tdoin-JL buddra project , which was the one selected for the initiative of the Company , is reported in a highly satisfactory state of progress . The . ' Company enjoys the concurrence and support'of the Local Government . i Early in the present year , the Company , with the sanction and approval j of the Secretary of State and the Government of Madras , entered upon j the construction of a portion of the ICurnool works . In the course of six weeks , a temporary stone dam , 1190 yards in length , and containing 17 , 900 tons of stone , -was constructed across the Toombuddra river , and proved entirely successful . The company ' s scheme comprises four divisions : 1 , the Maury Tank Project ; 2 , the Upper Bellary Project ; 3 , the Lower Bellary Project ; 1 , the Kurnool Project . Each of these is complete in itself , but altogether 'they form one grand connected plan , no less than 700 milps in length . The estimated cost , as calculated by Colonel H . C . Cotton , the Company ' s chief engineer , was £ 1 , 350 , 000 , the guaranteed capital of the company haying been £ 1 , 000 , 000 : and this estimate was verified by Captain Rundall , the consulting engineer appointed by the Madras Government . The Secretary of State for India ( Sir C . § Wood ) having , questioned the expediency of " extending the works to be Undertaken by the Company , with a guaranteed capital beyond the sum of £ 1 , 000 , 000 , " the Company have been in communication with him on this subject , and are taking steps for the adoption of means satisfactory to all parties for carrying out the entire scheme in its integrity . This arrangement , it j appears , has the advantage of the strong . recommendations of the J Local Governmejt . The expenditure of the Company , both at home ' nnd in India , up to the end of last September , amounted to £ 72 , 127 , and the receipts on aocoiint of capital to £ 536 , 366 , leaving a balance in hand of £ 4 . -64 . ; 239 , The reports of the chief engineer show that the works are being prosecuted in the most expeditious and satisfactory manner . In June last the Local Government intimated to the company that ib was " much gratified to learn that the dam across the Tooni * buddra has been established . The rapidity with which ' this has been done , " says the despatch , " reflects great credit on the engineers concerned . " And in a subsequent communication the Government state they " have read the report with interest , and Hotice with gratification the vigorous commencement made on the works by the engineers of the Irrigation Company . " Vast ond comprehensive as the scheme of the Company is , its magnitude is . surpassed by its utility . As the great Stephenson said of boring a tunnel under the straits of Dover , ib is only a question of money . And considering the immense advantages , and consequent certain profits of such an enterprise , there can be no doubt entertained of the successful carrying out of the plan . The London offices of the company are at 27 , Cannon-street , E . O . We obsorve that a mooting is to bo held at the London Tavern , Bishopsgate-stroet , on the 29 th instant , at one o ' clock .
Serials.
SERIALS .
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All Hound the Wfrrld , an Illustrated liccord-Hf Toij «< yes , IVarels , and Atlrrnturcs in all Farts of the &lobe . Edited by W . F . Ainsworth , Jb ' . R . G . S ., F . S . A ., &c . London : R . March , 122 , Fleet-street , EJ . C . - < -The . second part of thia' new , publication fulfils the expectations raised by the first , which wa 3 noticed in a former number of this paper . In this part the interesting and welt illustrated account of Sicily is concluded . The remainder , or prin c ipal portion of the work is . occupied with an account of China , also profusely and graphically illnstrated . - The Eclectic . Nov . 1860 . London : Judd and Glass . —The present number contains articles on Michael Angelo , and Rusltin ' s Modern Painters , two subjects , of sufficient importance to invest a paper devoted to them with a peculiar interest . " Towards the end of his work " ( "Modern Painters" ) , s , ays Ihe writer of the latter article , " tho author ( Mr , Ruskin ) relapses into that exaggeration which generally characterizes what he says about Turner . That great artist left behind him nearly 200 , 000 / ., contributed by the 'blind and fatherless' age in which ho lived j so that wo wonder , " continues the JScfectic , " what he would have extracted from a more believing generation . " Wo cannot but echo the wonder expressed . Let it bo remembored that neither Turner , nor any artist whatever , merely as on artist , haa ever produced anything for permanently benefiting his speoies and prompting the well-being of the race , as those have dono who have discovered and enounoed new truths . Yet those who have promulgated tho most useful and beneficent tru . ths . over announced to man have received no I'oward but that of persecution and hunting to death * It is downright , mookery to rove in this , way over tho imaginary distresses of a man , who makes 200 , 000 / . through the production of what , compared with tho groat truths on which human progress and human wall-being depend , are mere toys and baubles ; and to rant about his " isolation , hopelessness , misery , and despair ! " Tho misery of a man with 200 , 000 *? . ! If lie had boon , as some of out * most useful labourers in tho holy nnd sabred cause of humanity have heon , without ) nocpssary food to Icoop soul and body together t friendless find hopeless ; not thinking of splf , but struggling on manfully under tho world s negleot , labouring for tho good of those who had nob one kind word of encouragement for them , then ho would hare been to bp pitied . JButtho distresses and misery of a , man with 200 , 000 / . ! and 200 , 000 / . gained by producing i ^ thotip luxuries for pampering thoso alroady pampered to aatioty with enjoyments of a more sonsuous and palpable nature . Tlioro aro papers in ( ho present number on . " Roman Xjondon , " and ' Victor lSininunuel j" tho othor artiolps avo of the special kind which characterizes ( his Roviow , being chiefly on theological subjects , or topics connected therewitli .
Hindustani At Cambridge.
HINDUSTANI AT CAMBRIDGE .
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nniUS contest for tho toaohorBhtp of Hindustani at Cambridge may bo JL' taken as a parallel to Dean Swift ' s entire on a suit ) at ; law . If , aocording to the X > ean , two men quarrel for the possession of a oow , tho law doeB not inquire at once whoso oow she is , but institutes all sorts of irre&vttnjt inquiries , euoh . as whether her horns nro long or short , whore Bu ©> wat <' pdj » tiu' © d , what ia her size and colour , &a . And so it is just now about the Hindustani teaohevahin . Tho quatffloatione fov the duties of
that office , such as the fact of being a well educated native of the country of which Hindustani is the spoken language , and at tho same time a sound . English scholar , is the very last thing that seems to bo thought of . Mr . Syed Abdoollah , the Hindustani Professor of University College , London , who , we believe , is a native of Oude , where the language is spoken in " its purity , is one of the candidates ; and if the usual qualifications deemed essential for such an appointment were valid in this caso , would undoubtedly obtain the teachership . J 5 ufc tho very thino- which ' renders him the best possible person for the o { line , is the very thing which , to the distorted views of some minds , disqualifies him . At Oude , the seat of the pure Hindustani language , Mahometariism is the religion of the country . And Hindustani from Mahometan lips , it seems , is supposed , by some weak-minded but busy and noisy persons at Cambridge ( though not at University College , London ) , to be impure , however pure tho accent and the idiom may be . On the other hand , the unintelligible jargon of barbarisms and mis-pronunciation which emanates from the lips of those not happening to be born in a Mahomedan country , seems to be considered unexceptionable . We hope that common sense will prevail in the selection of the competent teachei' .
The Battlk Of The Banks Of England And France For Gold
THE BATTLK OF THE BANKS OF ENGLAND AND FRANCE FOR GOLD
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TO TilR EDlTOJi OF " THE XEADEIt . Sin , — -For the last twelve years I have been endeavouring , in various publication ' s , to open tho eyes of the publio to tho impolicy of the Aofc of 1844 , nnd to tho inconsistency oi' advooating frpo trade in commodities , whilst imposing restrictions , by law , on the medium for exchanging n » d circulating thoso oommoclitios . Tho oontosb , howovor , now going on between , tho Banks of England and Franco for gold { the busis of our monetary system , and in whioh all our debts , bills , iind bank notes are payable , must surely make the inonloulablo evils of tho law patent to all . Tho Bank of France is not . buying our # old afc a losu , us ib generally supposed , but with ft oonsid orablo proilt , owing to tho restriction imposed on tho Bank of JRJng « land by tho Aot of l 64 A . That aot nrovents tho Bank from issuing more notes than their equivalent value in gold deposited , with tho oxooption of tho ilked and novor-varying amount of dtfl'ii . OOQjOOO against soourit / cs . The bank of Franco has no other restriction on its iasuo of notes than that whioh tho liability to convertibility imposes , and may safely issue , as oxporienoe proves , two notes against the value of ono deposited in gold . Hpnoo against a deposit qf £ 100 of gold tho bunk of Frftnoe ^ jan , issue iC 200 in notos , and when their rate ol diaoount ia 4 J nor cent ., lia at present , they may realise a . profit of about < l per oont ., allowing £ por oont . for cost of transit , &o . Whilst tho bank of Jffinglund boing allowed only to issue SilOO of notea for # 100 of gpld > guina nothing . m , „„ Nor is thjq tiho extent of tho misohiof , for the higher theBwnk qSFranoe oan maintain it » rute oif disoount the tov&w will be theiv profit , and tho grantor their powor of drawing oiiv gold from us j oe when thoir rate is
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Citation
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Leader (1850-1860), Nov. 24, 1860, page 965, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2375/page/13/
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