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OUR LONDON LETTER., Issue 8026, 1 October 1889
OUR LONDON LETTER.
London, August 16. The through passengers to Now Zealand by the R.M.S, Orizaba, which sailed yesterday, include the Bishop of Dunediu (Ur Moran) and six Roman Catholic clergymen, for Port Chalmers; Messrs J. W. Addley, T. W. Lonargan, and M. Sandstein, for Lyttelton ; and Dr C. H, Haines, for Auckland. Mr C. E. Haughton went down to Devonshire on Tuesday mainly in order to see the Bishop off to-day. He goes on to Dublin for a few days, Mr Henry Brett, of Auckland, who (with his family) has been stopping at St. Leonards during the week, was expected to return to town yesterday. The Agents-General are all out of town, and the few secretaries and clerks left in Victoria street will talk of nothing but that eternal—l was going to write infernal— Maybrick case. There has, by the way, been a good deal of conversation about the Hall trial in connection with this affair. Various New Zealanders have lucubrated anonymously in tho papers on the subject—generally to the effect that no New Zealand jury would have convicted Mrs Maybrick on the evidence. That, of course, is nonsense. I was in Court from first to last, and I say unhesitatingly that no sane being who heard the evidence, or observed the demeanor of the witnesses, can doubt Mrs Maybrick’s guilt. The Marquis of Downshire has been ordered by his doctors to spend the winter in the Australian colonies, and sails for your part of the world early in October, He is a delicate lad of eighteen, very clever (his friends say) intellectually, but with a tendency to consumption. His titles, in addition to the marquisaie (an Irish creation), are Earl of Hillsborough (by which title he sits in the Lords), Viscount Kilwarlin, Baron Hill, Viscount Fairford, and Baron Harwich. The family seat is Hillsborough Castle, County Devon, but the Marquis also owns East Hampstead Park, near Bracknell, in Hants, and has a palatial residence in Belgrave square. He is an only son, and has hitherto been tied pretty tightly to the maternal apron strings. Lord Downshire’s guardian and the heir-presumptive to the title is Lord Arthur Hill, P.0.M.P., who married Mias Fortescue Harrison, the clever composer of ‘ln the Gloaming,’ ‘ln the Moonlight,’ and other popular songs. Since the late Lord Downshire died in 1874 the property haa been very carefully nursed, and the present holder will be fairly rich (for an Irish peer) when he comes of age. Another marquis, about whom the peerage supplies no information, but who is a very great man indeed in his own estimation, also meditates (so I’m told) paying a visit to the Australian colonies. Need I say I refer to the immense (no other word will do) De Leuville, author of ‘ Samoa ’ and countless much-advertised effusions of a fifth-rate sort. By the way, there is a capital story told of the Marquis, which will do to introduce you to him. It refers to an historic meeting between this distinguished nobleman and fat little “Ned” Righton, the low comedian and wag. The two “ lions ” met on the stairs of a house to which they had both been bidden. “ Hullo,” exclaimed the Marquis in his popular and refined patriciau manner, “ I know you, don’t I ? You are Smith ? How are you ? ” “To bo sure you know me,” quoth Righton, at the same time clapping the blue-blooded one vigorously on the back ; “to be sure you know me. How are you, Jones ? ” Tableau. At the annual meeting of the Gaiety Theatre Company, Limited, it transpired that the Australian tour of the LeslieFarren troupe, after paying all expenses, had yielded a profit of L 4,026, but that on the American and English provincial portion of the trip there had been a loss of L 9.944. Mr Maurice De Verney, a valuable member of the Kendals’ St. James’s company, has shown symptoms of consumption, and been ordered a long sea voyage to Australia. He sails next month.
Mr A. Bogan Barton, one of the members of the London Rowing Club’s Henley grand challenge eight this year, and for some time a prominent sculler at Cambridge, sails today for his homo in Australia, having completed the term of residence at the University for which he came over. He carries with him numerous “ pots ” and “trophies,” not to mention the good wishes of numerous friends at Putney and Pembroke College. Talkers on ’Change have for some little time now predicted that important alterations in the arrangement of the P. and 0, Company’s capital were imminent, and on Monday last the following important circular was addressed by the directors to all shareholders. It opens by stating that the Board have applied for a supplementary charter to enable them “to reduce the capital of the company by one-fifth part, thus repaying to the proprietors the sum of L 580,000, which will have the effect of reducing the amount of the company’s paid-up capital from L 2,900,000 to L 2,320,000. Should the authority thus sought for be obtained, the repayment wdll be made in proportion to the amounts paid on the shares. On the old or fully-paid- shares of LSO each the sum to be returned will be LlO per share, and on the new or L2O paid shares the repayment will be at the rate of L 4 per share, thus leaving the amount of paid-up capital at LAO per old and LI 6 per new share, each old share being converted into a L4O share, and each new share into a Ll6 share, The directors have also made application to the Privy Council for power to convert the capital remaining after this repayment is effected into preferred and deferred stock, in equal proportions, and under this proposal every share of L4O and Ll6 respectively will be divisible into two equal amounts of preferred and deferred stock. It is proposed that the preferred 'stock shall bear a cumulative 5 per cent, dividend. The total amount of this stock will be L 1,160,000, the dividend on which, at the rate of 5 per cent., will amount to L 58,000. As the average amount of profit distributed to the proprietors annually during the last twenty years has been 1j177,556, this preference stock will stand in an exceptional position as a first' class investment. The deferred stock will also amount to L 1,160,000, and will receive the balance of dividend and bonus declared in each year. It is necessary to point out that the proposed conversion will involve the extinction of the present liability on the new shares, In submitting this scheme of working with a reduced amount of paid-up capital, the directors do not intend to abandon the powers at present held by the company of increasing the capital at a future time, should such a policy become necessary. The company now possesses power to raise the paid-up capital to L 3,500,000, (i.e., L 1,180,000 beyond the amount at present considered necessary as working capital), and it is proposed that the new charter should confer on the company a similar power to increase its capital up to L 3,500,000 ; it is also intended to retain the further authority now in existence of borrowing to the extent of LBOO,OOO by the issue of debentures or debenture stock. Should further capital, therefore, become necessary at any time hereafter, it will be raised either by debentures or debenture stock, or in the form of preferred or deferred stock, or both, and in the latter case the limit assigned to either class of stock will be in the proportion of 50 per cept. of each. Should the powers thus sought by the directors be obtained, a meeting of proprietors will be at opco convened for the purpose of obtaining their sanction and authority to carry the proposals now explained into effect, together with such alterations in the deed of settlement as circumstances seem to render necessary. It is hoped that the arrangement contemplated may be given effect to soon enough to enable the repayment of capital to be mude coincident with the close of the present financial year; but should any unforeseen delay arise the directors would arrange to liberate the LSBO.OQQ proposed to be returned, so as to pay the same with interest at the earliest possible date after September 30, and thus obviate any confusion in the financial arrangements of the following year.” The immediate effect of tke above circular on the P. and O, Company’s shares was to raise theiij price from L6B to L 75, at
which price they are now negotiable. Good business for those who bought on Saturday. The report of H.M.S. Egeria, which has been surveying the route for the new cable between Vancouver and New Zealand, haa been handed in. It states she has found good soundings between New Zealand and Tonga, and that the line between Fiji and New Zealand has been re-examined. La Ranee Vigia has also been examined. The report, on the whole, is highly favorable to Mr Heaton’s pet project. ; Is English game (grouse, venison, partridges, and quail) on sale at your Antipodean poulterers’ nowadays? 1 am told “ no,” and yet there must be many gourmets in the smart cities of Australia and New Zealand who would gladly pay a stiffish price for an occasional taste of such luxuries, and game (of course you are aware) refrigerates perfectly. Early on Monday morning last (August 12) grouse was on sale at Leadenhail Market which had been held over from December 10,1888, and refrigerated during the “close” season. 1 bought a bird by way of experiment, and it ate all right, save that I thought it was a trifle tough. By the| way, a fishmonger tells me salmon can now* be successfully refrigerated without becoming “ woolly.” If so, something might surely be made by exporting this fish to Australia during the “one shilling a pound” season. When scarce it often fetches 3s 6d a pound in England. The new Bishop of Sydney (Canon Saumarez-Smith) has a good record both as a man of sound learning and an eloquent preacher. He has entered the sixties, but enjoys excellent health, and beats the reputation of being a vigorous and sagacious administrator. His theological views are broadly evangelical, with nothing approaching to bitterness in their clear strength of conviction. Early in his clerical career the bishop-designate spent a few years in India as chaplain to the late Bishop of Madras. At college as a youngster he took all the Greek and Hebrew prizes with a double first and a fellowship. There is mourning at St, Aidan’s College, Birkenhead, of which Canon Smith is principal, and where he has always been deservedly popular and beloved. In the Interests of Mrs Proctor and the large family which the deceased R. A. Proctor left behind, it is proposed to reissue in a cheap form many of the practical common sense works (such as ‘Strength: How to Get Strong, and flow to Keep Strong’), which he contributed to knowledge. Proctor was so well known, both personally and by name in Australia and New Zealand, it is thought these little books would sell well there, and a special colonial edition, at a rather lower price than the English one, has been resolved on.
The ‘Athenaeum,’ totally forgetful of the fact that it some weeks ago pronounced a glowing panegyric on Canon .Curteis’a ‘Life of Bishop Selwyn,’ came out last Saturday with a short paragraph review, in which it discontentedly declares that there was really no necessity for another biography of the deceased prelate, and hints that the worthy Canon would have done better to have left his wife’s brief but admirable monograph alone. The Carthage, with the champion boxer of Australia, Frank Slavin, on board, arrived at Plymouth on Saturday last, and was at once boarded by the inevitable interviewer, who promptly put the newest thing in Antipodean wonders through his paces, or, rather, made him give a full, true, and particular account of his past achievements. The voyage from Adelaide appears to have been exceptionally calm and (for the time of year) cool, and Slavin throughout enjoyed the best of health. He indulged in a little sparring with one of the officers in the morn- ' ing, and in the afternoons amused himself with the punching bag, running, walking, cricket, and quoits. Slavin expressed himself as quite ready to “take on” all the so-called champions, including Sullivan, whom he always knew would beat Kilrain, The ‘Sporting Life’ man, from a casual review of Slavin, concludes he has all the requisites of a great fighter, and doubts if anyone bar Sullivan will take his number down. On Monday Slavin and his manager visited the offices of the sporting papers and the Victoria Club, where Joe Thompson welcomed his protegi. The party were later joined by the veteran Jem Mace, who seemed decidedly impressed by the Antipodean’s appearance, and wished him luck. Introductions to Harry Marks, Sam Mordecai, Frank Hinde, J. Seale, and other leading lights of the betting ring followed, and then came a lunch at Romano’s, at which Mr “ Swillington Shifter ” and other distinguished “Pelicans” assisted, expressing themselves greatly delighted with the champion's genial manner and unaffected affability. In the evening there was a sort of informal “welcome” to Slavin at the Cambridge Music Hall (always the scene of such functions), at which Jem Smith, Ted Pritchard, and endless other boxers of note assisted. The audience, learning Slavin was present, insisted on seeing him; and Frank Hinde eventually introduced, not only the Ans tralian champion himself, but his backer Joe Thompson and his manager Lewis. Thomp son valiantly repeated from the stage his offer to back Slavin against all comers for any sum from LIOO to LI,OOO, but neither Jem Smith nor Pritchard appeared disposed to accept the challenge. Lewis also essayed to say a few words of mingled “ blow ’’ and thanks, but was too overcome either withshyness or emotion to get them out. Ah Kempton Park on Tuesday Slavin was introduced to Mitchell, who is perhaps, of all the available champions, most likely to take him on. Slavin is in better condition, from a sporting point of view, than might have been expected after a lone voyage, and says it would only take him five weeks ,
to get ready to meet anybody. Jem Smith is matched to fight Jack V\ annop forthwith, and cannot, even if he wishes, meet Slavin till afterwards.
Searle’s training was temporarily interrupted on Friday and Saturday last owing to a small abscess on the left gum, which gave great pain, and for the time being rendered him sleepless. Dr Gunn, of Putney, finding the usual remedies did not effect absorption, lanced the abscess, and advised Searle to relinquish work for a day or twoThe enforced rest did the Australian a lot of good, and on Monday morning when ho turned to again all trace of indisposition had been shaken off. In company with Neil Matterson and Chris Crane, Searle has throughout the week continued his careful training, and many aquatic authorities and bookmakers have visited Putney to see him at work. Riverside experts are much divided as to the relative merits of Searle and O’Connor. The weight of money is decidedly in favor of the Australian, but clever judges are always ready to snap up a shade of odds about O’Connor. The Canadian reminds experts mneh of Hanlan in his best day, and that, of course, is saying a good deal. O’Connor has, somehow, roused the animus of the local roughs, and on bank holiday, whilst he and his trainer were passing under Wandsworth Bridge, they were pelted with rubbish. A. piece of iron struck the latter on the arm, and almost broke it. Since then O’Connor has been accompanied on his aquatic excursions by the American amateur, Mr C. 6. Psotta, who did so well at Henley Regatta, and who is one of the Canadian’s warmest admirers.
H. Munro, one of the pedestrians wham Scott beat when over here, has expressed anxiety to “ take on ” R, Penfold, the New Zealande-, just arrived, for the Ten-mile Professional Walking Championship and a sum of mon,ey. Penfold seemed willing to meet hipa, but failed to put in an appearance at the ‘Sporting Life ’ offi.ce on. Monday to arrange preliminaries. Munro, after waiting two hours, left the editor La, together with an intimation that if Penfold failed to cover within reasonable time no further notice would be taken of his challenges, The “need for the ‘Hansom Cab’’Publishing Company having ceased,” or, in other words, little Trisohler and Fergus Hume having quarrelled, the business will in future bo known as Trischler and Co.. ‘ Darrqll Make,’ Lady Colin Campbell’s first essay in fiction, is to be the initial volume bearing the energetic New Zealander’s imprint. He has also in band a new_ story by a well-known Anglo-Aus-tralian journalist. Bcnzon’s book seems to hang fire somehow.
OUR LONDON LETTER., Issue 8026, 1 October 1889
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