Page 4 Advertisements Column 1

Otago Daily Times, Issue 435, 13 May 1863, Page 4

'BANK" OF NEW SOUTH WALES. Paid up Capital £750,000. Reserve Fund.... £250,000. DUNEDIN BE. INCH. DRAFTS GRANTED on the most favourable torras on the numerous Branches of the Bank in New Zealand, Australia, and London ; also on the various Branches of the Royal Bank of Scotland and National Bank of Ireland. Interest is allowed on Deposits as under :— On deposits fixed for 3 months 3 per cent. Do 6 „ 4 „ Do 12 „ 5 „ Advances made on Wool, or any othsr produce hypothecated to the Bank. Local Bills discounted. Agencies for the purchase of Gold, receipt of Deposits and issue of Drafts on our various correspondents have been opened at the following gold fields :— Weatherston I Dunstan Manuherikia | Arrow River And Queenstown. JAMKS. A. DOUGLAS, Manager. Dunedin, Ist May, 1863. UNION BANK OF AUSTRALIA Paid-up Capital £1,000,000. Reserved Fund .... £200,000. (LiabilUy of Shareholders ■unlimited.) DUNEDIN BRANCH. TTIHIS BANK issues Drams and Lbtterb op X Credit on Londok, negociable throughout Great Britain and Ireland ; also on India, China. Mauritius and Ceylon ; and on its various Branches in New Zealand, Victoria, New South Wales, Queensland, South Australia, and Tasmania. Local Bills discounted, British and Colonial Bills negociated or sent for collection, and advances made upon Wool and produce in the usual manner. Rates of Interest, Discount, Exchange, and general terms of husiness may be ascertained at the Bank. Goldfie'ds Agencies:— Dunstan Tuapeka Arrow River Junction Manuherikia ALFRED JACKSON, Manager. Dunedin, April, 1862. BANK OF NEW ZEALAND. Incorporated by Act of the General Assembly ' New Zealand. Capital £500,000 Head Office Auckland. London Office, 50, Old Broad-street. Branches and Agencies in New .Zealand. New Plymouth Lyttelton Napier Dunedin Wellington Oftmaru Wanganui Wetherstone Picton Waifahuna Blenheim Tokomairiro Chiistchurch ' Duustan Kaiapoi luvercargill Timai-u Kiverton. A O X N T s : — Scotland — National Bank of Scotland. Ireland—National Bank of Ireland. Melbourne, Sydney, and Inland Towns of Australia ■ -Oriental Bank. Adelaide —National Bank of Australasia. India.—Oriental Bank Corporation. Ceylon— Ditto. Mauritius— Ditto. China— Ditto. THE Bank grants Drafts and Letters of Credit, and forwards for Collection, Bills drawn upon any of the above-named places. Approved Bills Discounted; Cash Credits granted; Bills of Exchange purchased, and advances made upon Bills of Lading, accompanied by Policies of Insurance. INTEREST ALLOWED ON DEPOSITS, tie. : On depicts fixed for three months S „ Do. six months.... 4 „ So. twelve months 5 „ GEO, M'LEAN, Manager. Battray-street, Dnnedin, Ist January, 1863. ON and after the Ist May, the several Banks in Otago will discontinue to allow interest on current account balances. Dunedin, 25th April, 1863.

Marshal Cankobhrt's Marriage. —M. Lecomte, in the Monde IlXustrt, relates the following anecdote on the subject of the recent marriage of Marshal Canrobert: —At the close of the Crimean war a ball was given at the residence of M. Magne, then Minister of Finance. The Marshal, on entering one of Che rooms, saw a young and churning person, dressed in pink and crowned with flowers, who came up to him and invited him for the next dance. " Monsieur le Marechal,'" she said, " deign to regard me as a Russian, and make me—dance!" " Impossible, mademoiselle," replied the; Marshal, '' there is an armistice." " And an amnesty for my boldness, I hope V The warrior offered hii arm to the lady to lead her to her place, but on the way he met a young officer. "Here, monsieur," said the Marshal, " take your place in the quadrille with this lady, and remember that this night a marshal of France has envied a sub-lieute-nant." The lady was Mdlle. Flora Macdonald, who has just married the Marshal.

Thh Press and Public Men in America'—-It is hard to bear such a fate as befals an unpopular man in the United States, because, in no other country, as De Tocqueville remarks, is the press so powerful when it is unanimous. And yet he says too, " The journalist of the United States is usually placed in a very humble position, with a scanty education and a vulgar turn of mind. His characteristics consists of an open and coarse appeal to the passion 3oi the populace, and he habitually abandons the principles of political science to assail the characters of individuals, to track them into private life, and disclose all their weaknesses and errors. The individuals who are already in possession of a high station in the esteem of their fellow-citizens are afraid to write in the newspapers, and they are thus deprived of the most powerful instrument which they can use to excite the passions of the multitude to their advantage. The personal opinions of the editors have no kind of weight in the eyes of the public. The only use of a journal is, that it imparts the knowledge of certain lacts ; and it is only by altering and distorting these fact 3 that a journalist can contribute to the support of his own views." When the whole of the Press, without any exception, in so far as I am aware, sets deliberately to work, iv order to calumniate, villify, insult, and abuse a man who is at once a stranger, a rival, and an Englishman, he may expect but one result, according to De Tocqueville.— Russell's Diary.

Moke Presidential Strategy.—The following despatch from Pre-ident Lincoln to General M'Clellan had been read at the M'Dowell Court of Inquiry: - "Major General M'Clellan.--Executive Mansion, Washington, February 3rd, 1862.—My dear Sir.— You and I have distinct and different plans for a movement of the army of the Potomac. Yours to be down the Chesapeake, up the Kappahannock to Urbana, and across laud to the terminus of the railroad on York Jliver; mine to move directly to a point on the railroad south-west of Manassas, If you will give mo satisfactory answers to the following questions I shall gladly_ yield my plan to yours : —l. Does not your plan involvo a greatly larger expenditure of time and money than mine ? 2. Wherein is a victory more certain by your plan than mine ? 3. Wherein is a victory more valuable by your plan than mine 1 i. In fact, would it njt be less valuable in this, that it would break no great line of the enemy's communication, while mine would. In case of disaster, would not a safe retreat be more-difficult by your plan than by mine ?—Yours truly, A. Lincoln.'1

Attention must before long be practically directed to the question 01 quarters for married officers. The arrival of the first uon-purchase regiment in England will probably bring a long-vexed question to a point: for the fact that there are officers in twelve regiments of the line at least who cannot afford to pay for expensive lodgings, mu>t at length he recognised. It is scarcely reasonable or fair to expeat that the officers of the new regiments, who generally may be supposed to have little or nothing to live on but their pay, can pcssibly afford from 20s to 30s a week for lodgings. If proper, accommodation is not afforded to themarried officers, they must be driven out of their regiments before they have served six months in England ; for they carinot as married men, unless allowed suitable quarters in barracks, by any possibility live on their pay, and they will be forced to sacrifice their position, they cannot sell out; they will then have to exchange at every disadvantage'to regiments serving in India ; and as do regiment is to remain longer than twelve years in India, they wjll be forced tp leave every successive regiment ordered home, This, nc doubt, they will find one of the disadvantages in,to which they will have been drawn by volunteering to serve in the Koyal Army, where all the officers are supposed (most fallaciously) to be rich, and if they marry, to keep their families In expensive lodgings. Therefore we apprehend that the arrival of the first of these regiments in England must bring about the investigation and reconsideration of this subject, unless it is taken in hand betimeß by some influential friend to the wrYiefc— Army w4 tftwy Gttutfa