LEGAL HONOURS. t Sir JULIAN PAUNCEFOTE, K.C.B., Permanent Under-Secretary of State for Foreign Affairs, has been appointed Envoy Extraordinary and Minister Plenipotentiary to the United States of America. Called at the Inner Temple in Easter Term, 1852. Mr. EDWARD WILBERFORCE, barrister, has been appointed a Master of the Supreme Court of Judicature. Called at the Inner Temple in Michaelmas Term, 1866. · Mr. FREDERICK WHITTING, barrister, has been appointed Vice-Provost of King's College, Cambridge. Called at Lincoln's Inn in Hilary Term, 1863. Mr. JOHN DAVIES WILLIAMS, solicitor, of Denbigh, has been appointed Deputy Town Clerk of the borough of Cardiff, in succession to Mr. Alfred Henry Collingwood, who has been appointed Town Clerk of Carlisle. Admitted in 1886. Mr. FREDERICK ADAM STIGANT, solicitor, has been appointed Clerk to the Chatham Local Board. Admitted in 1884. Mr. JOHN EDWARD BRAITHWAITE, Solicitor, of Dorchester, has been appointed Assistant-Clerk to the Magistrates for the City of Bristol. Mr. WILLIAM JAMES WATSON, Solicitor, of Barnard Castle, has been appointed Clerk to the South Stockton Local Board, in succession to Mr. Matthew Bowser Dodds, resigned. Admitted in 1869. THE TEMPLE NEWSPAPER LAW REPORTS. JUDICIAL COMMITTEE OF PRIVY COUNCIL. BANK OF NEW SOUTH WALES V. O'CONNOR.-Mortgagor and Mortgagee,-Tender of Mortgage Debt.-Improper Refusal to accept Sufficient Amount. Whether Action of Detinue will lie for Deeds and for Damages for Detention based on Refusal of Tender. -Appeal from judgment of Supreme Court of Victoria. O'Connor kept an account with a branch of above bank, and, being indebted thereon, deposited the title-deeds of certain land, executing a mortgage-in form, a conveyance upon trust for sale the balance of proceeds, after payment of expenses and the debt with interest, to be paid to grantor. The conveyance contained a proviso that nothing therein should prejudice, &c., any lien the bank were entitled to in respect of the deposit of the title deeds relating to the property in question. Subsequently, his account being overdrawn, his mother advanced him £300, on condition that it was to be applied for the purpose of obtaining back the deeds, or that it was to be restored at once. O'Connor went to the bank; the manager made out his account, showing a balance of £371. O'Connor objected to an item-one int account for bills-as monstrous. As the bills on could not be due for months, he struck it out, tendered the balance, and demanded his securities. The manager refused to give them up unless the whole amount claimed be repaid. O'Connor. said he had to return the money or take back the deeds. Two days later, the manager wrote to O'Connor that the bank would not insist on the item objected to, though entitled to do so. Next day the writ was issued by O'Connor. Some days later, the bank waived their general lien. “The writ claimed the return of the deeds, or £1,000-their value, and £2,000 damages for detention. The jury gave £700 as their value, and £1,500 damages for detention. Held (by Lords Watson, Fitzgerald, Hobhouse, and Macnaghten): That, assuming the tender to have been properly made and improperly refused, it was not equivalent to payment of the mortgage, so as to enable plaintiff to bring an action of detinue for his deeds; and that no action at law would, in the case of a mortgage, lie for refusal to accept a proper tender. COURT OF APPEAL. RHODES V. SWITHINBANK.-Master and Servant.-Employers' Liability Act.-Injury to Girl of 16.-Action in County Court by next Friend next Friend.-Waiver by Defendant of costs on giving up infant Plaintiff's right of Appeal.—Power of Counsel to Compromise.-Authority of next Friend.-Conduct of Action. Action was brought under Employers' Liability Act in the Leeds County Court by a girl of 16, suing by her next friend, against her employer. The County Court judge non-suited plaintiff, and it was suggested that if there was no appeal by plaintiff, defendant should not ask for costs. plaintiff's counsel assented, but notice of appeal was afterwards given. A Divisional Court held that no appeal would lie, but gave leave to appeal. Held (by Lord Esher, M.R., Bowen and Fry, L.JJ.), reversing the decision of the Divisional Court: That an appeal to the Divisional Court would lie from the judgment of the County Court judge, for that in order that anything done, beyond the mere conduct of the action, by the next friend, should bind the infant To this plaintiff, it must be for her benefit, which the compromise QUEEN'S BENCH DIVISION. COHEN V. KITTELL.-Gaming and Wagering Contracts.Action against Turf Commission Agent for not making Bets pursuant to Instructions. Whether Action Maintainable.-Action against a turf commission agent, to recover £27 13s. 6d.—(1) as money had and received for plaintiff or to his use; or (2), alternately, by way of damages for breach of duty and contract, in not placing for plaintiff certain bets pursuant to instructions given to him per telegram by plaintiff. The first claim was, at the trial in the Mayor's Court, given up, it appearing defendant had not made the bets directed. Plaintiff deposited £5 with defendant. After his first transaction, £2 remained with defendant on hand. Plaintiff telegraphed to defendant to lay bets on certain horses, but he did not do so, and did not communicate with plaintiff. Had the bets directed to be made been made, the winnings would have been the above sum of £27 13s..6d. The Assistant Judge allowed the case to go to the jury, who found for plaintiff, awarding him the sum claimed, but, doubting whether the action was maintainable, he gave leave to appeal. Held (by Huddleston, B., and Manisty, J.): That the action was not maintainable; for that action could not be maintained by the principal against his agent for not making contracts, on which, if made, neither principal nor agent would have a right to recover from the other party to the contract. STRUTT V. VESTRY OF ST. MARY ABBOTTS, KENSINGTON.Paving Rate.-Apportionment in Unequal Proportions between Houses on either Side of Street, those on one Side having Entrances, and the others not having Entrances, into the 'Street.-In Colville Road, Kensington,' there is pavement on either side; on one side a row of houses faces the road, from which they are entered; on the other side are the backs of another row of houses. This last row of houses has its respective entrances in another street, which it faces, and for the paving of which the houses are rated. Colville Road, requiring paving, the vestry assessed the amounts to be charged on the houses, charging five-sixths on the houses which had entrances into this road, and onesixth on the houses opposite, which had no entrance into Colville Road. The owner of a house assessed to five-sixths contended that the cost should be equally apportioned on the houses under 18 & 19 Vict., c. 120, sect. 5. The magistrate stated a case. Held (by Huddleston, B., and Manisty, J.): That the vestry had authority to make such an apportionment as they had done.' FAIRBANK V. MILNER.-Action by Cab Proprietor against Hirer of Cab, for inducing Cabman to try a Strange Horse of Hirer's in the Cab.-Injury to Cab from Animal Bolting.-Scope of Cabman's Employment.-Defendant hired a cab in the usual way; he, however, desired the cabman to drive to his stables, and there he showed the cabman a horse which he suggested should be tried in the cab, and which, being substituted for plaintiff's horse, was tried. The cabman helped to put the horse in, but, on beginning to drive it, the animal made a false step, put its foot into the dashboard, became frightened and unmanageable, and, running away, overturned and injured the cab. The cab proprietor, who had let it to the cabman on the usual terms, brought the present action for damage to the cab. Held (by Huddleston, B., and Manisty, J.), affirming the judgment of the County Court judge: That the cabman had no authority from the proprietor to put the defendant's horse into the cab, and that the defendant was liable. PUMP COURT ACROSTICS. Cactus sends no name and address, so it was not possible to answer his letter through the post. You were not excluded from competition for the annual; what makes you think so? No one has been excluded, not even the solver, who deserved to be. Your answer to the first light was not, bad, and if with this answer you had solved the second light correctly (which is not, however, conceivable), the A. E, is not prepared to say that you would have been shut out from the tie. But, with "owl" as the solution, how could you expect The "aardvark" (whatever this may be) to stand a chance? question for Cactus now is, will he (or she) divide with Reldas, 'or the contrary ?' PUMP COURT. The Temple Newspaper and Review. EDITORIAL, ADVERTISEMENT AND PUBLISHING OFFICES, 33, Exeter Street, Strand, W.C. MARCH 20, 1889. Pro Lege. PRESUMING A LEGAL ORIGIN. THE recent decision of Halliday v. Phillips et al. (PUMP COURT, p. 175) was an excellent illustration of the difficulties which beset the application in practice of legal principles well recognised in themselves. The action was brought for disturbance of a pew claimed as appurtenant to a mansion-house. Occupation and user of the pew for two hundred years, coupled with repair of the pew at intervals by the plaintiff's predecessors in title to the mansion-house, were shown. Prior to this, in 1680, the books of the church contained an entry, "Received from E. H., for the ground on which he has built a seat for his wife and family, 5s." Other pews had been rented from the churchwardens; this pew never. On the contrary, it had been let by plaintiff's predecessors in title with the mansion-house, and in the church books was entered as belonging to E. H., and being freehold. Day (J.) held that the entry of 1680 showed that H. had no title, and that the user and repair were explained by the permission of the churchwardens given in 1680, and that a lost faculty was therefore not to be presumed. We omit reference to other points arising in the case, but in no way qualifying the force of that part to which we are calling attention. The Court of Appeal (Lord Esher, M.R., Bowen and Fry, L.JJ.) reversed this decision, on the ground that, the evidence pointing to exclusive possession unchallenged for two hundred years, and having regard to the fact that acts had been done which, if the plaintiff had no title, would have been illegal, the Court would presume a lost faculty. That in this case justice was done by the operation of a beneficent fiction we have no more doubt than that no faculty was, though presumed, ever granted and lost. No doubt the churchwardens in 1680 considered they had done all that was required by law to give E. H. a legal title to the pew; a disturbance of the Squire's pew, no matter by how doubtful a title at law it might be held, was unheard of during the century and a half of "tithing-cum-boring" which followed the year 1680. Probably, moreover, a strong feeling would be manifested against disturbing a possession, which, if not founded on legal right, failed in that quality only by reason of noncompliance with some form or some cumbrous and expensive procedure, unintelligible and inappreciable enough to a layman's mind. Few, in short, would doubt that the user and repair were the result, in fact, of acting on the title supposed to have been created by the bargain entered into in 1680. So Day (J.) held, no difficulty would, apart from this entry, have been presented by the case. That a legal origin should be presumed for acts uninterruptedly done, and which, if without legal origin, would be trespasses, is in many instances reasonable from its conformity to the known facts of life. In other instances it is equitably necessary to protect interests which have come into being from long acquiescence. The present case was in our opinion of the latter class. The doctrine of presuming a lost grant has gone to some length. Charters and grants may, its seems, from length of possession be presumed against the Crown, if the Crown be capable of granting, and even an Act of Parliament may, it was suggested in Lopes v. Andrew (3 M. and Ry. 329, n.) be presumed in favour of very long user, though it would appear from R. v. St. Peter's Exeter (12 Ad. and E., 512), not a very recent Act, if no trace of its provisions could be found. The same principles, in slightly different form, are found in other kinds of cases, to a few of which we propose to call attention. Once a highway always a highway, and no length of time can legalise an encroachment or a nuisance. If, therefore, it is admitted that the locus in quo is a highway, the rigorous application of these principles would enable the removal, at any time, of anything interfering with the full enjoyment of the highway. Here, again, the same principles are found, and a lawful origin is presumed for an apparently long-existing encroachment, by treating the long existence of the encroachment as evidence that the original dedication was limited. In Fisher v. Prowse, 2 B. & S., 771, defendant occupied a house adjoining the street, the mouth of the cellar opened into the street by a trap door; this trap door was closed at night by a flap which slightly projected over the footway. Over this flap the plaintiff fell. It had, however, as far back as memory went, been in the same condition; and it was held there was no evidence to go to the jury, on the ground that the evidence was consistent with a dedication to the use of the public, subject to the existing inconvenience in using the way. In Arnold v. Blaker, L. R., 6 Q.B., 433, a public highway across a field was shown to exist; the defendants, surveyors of highways, in order to repair the footway, placed materials on it, making it a hard causeway, so as to prevent the plaintiff ploughing it up. Plaintiff brought an action of trespass, and the Court gave judgment for him; holding that, the owner having always ploughed up the field, the proper inference was that only such qualified enjoyment was dedicated to the public, and that there could be such a limited dedication at law. Another instance of limited dedication is afforded by the case of Grand Junction Canal Co. v. Petty, 21 Q.B.D., 273. A Company can dedicate a right of way to the public, provided the right conferred is not inconsistent with the purposes for which the Company was formed; This was decided in Reg. v. Inhabitants of Leake, 5 Barn., and Adol, 469. In Grand Junction Canal Co. v. Petty (ubi sup.), the public had for a long period used the towing path of a canal without objection, and had not been turned back by the Company, unless carrying nets or guns. In an action of trespass brought to test the right of way, the jury found for defendants, and a Divisional Court (Lord Coleridge, L.C.J., and Mathew, J.) refused to set judgment in their favour aside. If the evidence in this case pointed, as it did, to dedication, it pointed to absolute dedication, but the soil of the locus in quo was vested in the Company, and they could only make a dedication, limited by their rights, in the first place, to use the towing-path for their own purposes. The Court of Appeal (Lord Esher, M.R., Lindley and Lopes, L.JJ.) affirmed the decision of the Divisional Court, holding that the jury were entitled, on the evidence, to presume a limited dedication. NEW YORK LIFE INSURANCE COMPANY. MR. J. FISHER-SMITH INTERVIEWED. THERE is a tendency of the human mind to crystallize thought, in the particular grooves in which its currents most frequently flow. Hence, the reason that each individual is more familiarly acquainted with the particular daily J object he has in view in the pursuit of happiness—or at least of subsistence. In each profession or business, those who are the leaders, are those who by dint of severe study and experience have become ingrained, as it were, with the knowledge of that with which they are brought in constant daily contact. Such men live, move, and breathe without effort, in a professional atmosphere that, to the unaccustomed outsider, seems difficult of respiration. Pondering over such postulates, and with a desire to delve deeply for the true inwardness of the enormous success that attends a certain Life Insurance Company, your interviewer found himself one bright and balmy morning recently, sauntering down Cheapside in the direction of the Mansion House. The air, as far as the City's atmosphere can ever be, was redolent with the promise of Spring. The sunshine seemed almost brilliant and gave the usual haziness a tinge of purpling blue. Under such circumstances inspiration comes more easily. It came, and its result was a resolve to interview Mr. J. Fisher-Smith, the genial General Manager of the New York Life Insurance Company, for he, of all others, could best unravel the tangled skein of reasons that was perplexing the soul of PUMP COURT'S representative, viz.: Why and how does the New York Life manage to secure the enormous amount of new business that comes to it, year after year? Long before I came opposite 76 and 77, Cheapside, the great gold letters indicating the name of the Company, standing boldy out, caught my eye. I had noted them often before, but in a casual manner, only; now they became more pertinent, and I could not suppress the thought: What a capital advertisement on this crowded thoroughfare! Crossing the current of the never ceasing tide of vehicles of all sorts, I found myself in a moment at the enquiry counter, and sent in my card to Mr. Fisher-Smith. "See PUMP COURT?" I heard a voice cheerfully say, "Certainly, with pleasure, in a moment." The moment passed in the closing of the door of the private offices on the retreating footsteps of one of the many clients of the Company, and in the next, I was ushered into the presence of the General Manager of the New York Life. With a keen glance but a pleasing expression he motioned me to a chair, and answered my opening interrogative most genially with, "I shall be pleased to give you the fullest information in my power upon any questions concerning us, of interest to you.' In the first place," said I, "I notice by the various reports, that your new business in 1881 was £6,600,000. In 1887, it had reached the sum of £20,446,000, by a succession of enormous bounds; and for last year, I understand it has even exceeded this very tidy sum; though by how much, I must ask you to enlighten me?" "What you say is quite true; and in 1888 all our previous records, large as they were, have been surpassed. The grand total of new business secured exceeds £26,000,000 sterling in amount." "Ah! This is what has been puzzling me, and I must tell you frankly it simply astounds me. "Bourne, in his 'Grand Totals,' makes the new sum assured by 82 British Companies in 1887 £32,690,000; and yet, in 1888, you have reached within £6,000,000 of this vast sum. How do you do it?" "There's no secret about it," laughed Mr. Fisher-Smith in reply, "the reasons are palpable, and as plain as the noon-day sun. We do it, simply because our system gives the assured the best value for their money; and, you know, people always flock to the best market." "Will you kindly explain what is the magnetic charm that draws so strongly ?" "The reasons are several, and I fear I might weary you. You know," he added diffidently, "we insurance men are sometimes accused of boring our hearers with the ever and oft-recurring subject that is uppermost in our minds." "On the contrary, my dear sir, I am in quest of informa tion. My curiosity has been aroused by a study of the stupendous figures of your business, and in pondering over the same, I came to the conclusion that at the fountainhead the stream of information would flow most limped and pure. This accounts for my presence here." "Under those circumstances I have no hesitation in talking somewhat about our Company, and ourselves. The success of the New York Life may be rightly attributed to the following principal features: Ist. Because its plan embodies all the latest and best improvements and clauses of value that can be granted policy-holders. 2nd. The people of all the nations where we do business are gradually beginning to recognise that our system, owing to the strictness of the Government supervision, affords greater security to the assured, than that under any other nationality. Then again, we earn a higher rate of interest than nearly any other Office, and, in consequence, the profits we give our policy-holders are great. Why! our fifteen-year Endowment Tontine policies that have recently matured have returned the policy-holders all moneys paid us by them during the time, with nearly 5 per cent. compound interest added thereto. Besides these, American Life Insurance Agents are, as a rule, a superior class of men, and their methods of working are different, and more polished and enlightened, than those employed by their British brethren." "Those reasons are very potent, but I would like a little explanation about your plan. In what does it differ from the ordinary?" "In answer to that, I would advise you to read our Prospectus. However, I can say that we were the first to introduce Tontine Endowment Insurance here; and from time to time, the original plan has been improved upon, by adding all the most notable and valuable features which life insurance experts have yet discovered, and in consequence of this, our Non-Forfeiting Free Tontine is the latest and most improved form of policy issued by any Office." "I understand, Mr. Fisher-Smith, that some of the British Offices are issuing Tontines now. How do you account for that?" 66 Really I cannot say. For a long time our system was decried, and our first years in England were years of struggle. I presume, however, the value of the Tontine is being more fully recognised, and you know, an Office, to be successful, must keep pace with the times." "Quite true, but it would appear that you have been subjected to the 'sincerest form of flattery,' eh?" "Yes, I think you can say that, for no Office has quite approached our system in any way; you will pardon me if I believe that they still remain 'imitations."" "In addition to your prospectus I would like your last report, as I always keep a file of my collections in that line." "I am sorry I cannot give you one now, owing to the fact that we publish only the Sworn Government Report. I expect that of the Commissioners in a couple of weeks or so, and will send you the full Sworn report immediately." "You will pardon my apparent tediousness, Mr. Fisher Smith, but I would like to ask you a few personal questions; polite ones of course." "Well, as long as you dont cross-question me too severely, I. shall have no objections answering you," he laughingly replied. "It seems that you English gentlemen of the press are following closely in the footsteps of your American brothers, in the art of interviewing." "Oh! we must get at the truth some way, you know, and there is nothing like twin interrogation marks in the eyes, and a triplet on the tongue :-How long have you been with the New York Life?" "For 19 years past, as sub-manager and General Manager for Great Britain. Mr. Crawford, my sub-manager, has been with me 17 years, and Mr. Rogers, my superintendent of agents, has been with me 10." "You are not an Englishman?" "No! unless long residence here would Anglicize me. I was born in Boston, Massachusetts. I have been in the Insurance business over 22 years." "Your long connection, and also that of your sub-officials, with the same Company speaks volumes in favour of you all-Company included." "Yes, I have been very lucky in my surroundings, men, and all." "I noticed, as I came in, a very handsome scroll-work, in a frame against the wall. May I look at it?" "Certainly," "Oh, I see We, the undersigned District Managers and special representatives in Great Britain and Ireland, desire to record our high appreciation of you as the head of our department, and ask you to accept at our hands a piece of plate in token of the high esteem in which you are held by us all, &c. ***We have always found you ready to assist us by an encouraging word, a happy way of smoothing temporary troubles, and in every act and dealing showing the greatest courtesy, &c. &c. Earnestly hoping you may long be spared to preside so ably over us, and with hearty wishes for your continued and unceasing success, we beg to subscribe ourselves, &c. &c.' This must be very gratifying to you?" "Yes, I am not ashamed to say that I am very proud of it. It was presented me, with a very valuable piece of plate, which I keep on my sideboard at home, by my sub-managers and special representatives in different parts of the kingdom, and I prize it very much." "I can well understand it, and the feeling does you credit. It is a great achievement, amid the hurry and friction of daily work, to win and retain the respect and regard of those who work under you." And, indeed, it was refreshing to see the stern business man's eyes sparkle with genuine human feeling and kindliness as he recalled the incident, and the sincere good wishes of his fellow-workers who had fought under his banner until he succeeded in earning for the British department of his Office the proud position it occupies to-day. I thanked the courteous Manager for his kindness, and expressed a hope that I had not trespassed too much on his time. "Not at all, my dear sir. You know, insurance men have the reputation of being interviewers, and a fellowfeeling makes us wondrous kind," added he, with a twinkle of the eye. "Besides, a representative of PUMP COURT is always sure to receive attention in Insurance Offices." With a mutual good-bye, I then left, and got into the open air. Cheapside was still surging with the multitude, and the sunshine had temporarily retired; but I still kept thinking of the £26,000,000 of new business and the New York Life. Literature and the Pension List. lil blow William Morris Colles, of the Inner silona Temple, Barrister-at-Law. This compilation was undertaken at the o request of the Committee of the Society of Authors. Mr. Colles has reprinted the official list of pensions, with the reasons assigned for each agnanih appointment, and the amount; he Awst touches on the history of these pensions, and maintains that a grant to widows of men formerly in the Army, Navy, Diplomatic or Civil Service, is in contravention of the Act which pistool ad created the fund available. With this contention we do not deal. We confess as we read the names in the official list and the sums awarded by a "grateful nation," we thought that the wise man's utterance was applicable, "I saw under the sun that the race was not to the swift . . . neither bread to the wise, nor riches to men of understanding." If anything can lead to amelioration of the system it is publicity, and we congratulate the Society on the happy idea which prompted the publication, and Mr. Colles on the manner in which he has performed his task. Practical Statutes of 1888, Part II. Edited by William Paterson, Judge of County Courts, and James Sutherland Cotton, Barrister-at-Law (Horace Cox), 1889.-In our review of Part I. of the "Practical Statutes " on October 24, 1888, we expressed our opinion that this useful work fully maintained its reputation; Part II. is, if anything, even more thoroughly done, the notes on the Trustee Act and Law of Libel Amendment Act being particularly full and instructive. The Criminal Law. W. Shirley Shirley, M.A. Second edition, by C. S. Hunter, M.A., LL.B., Barrister-at-Law (Stevens and Sons). A second edition of one of the late Mr. Shirley's admirably-designed students' works is sure to be appreciated, and we think Mr. Hunter has done his work well, embodying in the book all important recent decisions. It is, however, difficult to understand on what principle the page of a report on which a decision can be found has been uniformly omitted; or why important cases reported in more than one series of reports have a reference given to one series only, and that not always the Law Reports. Bourne's Handy Assurance Directory for 1889.-We beg to acknowledge the receipt of this valuable work of reference for 1889, and must congratulate the editor upon the marked and unqualified success that has met this production in the past. This issue-the third year of publication-contains much additional information to its predecessors, about one hundred pages having been added. Mr. Bourne's tables and expense ratios are of great value to all interested and engaged in life assurance in any capacity, and we can recommend the Directory as being especially valuable, both for the extended table and other statements of interest, which are remarkably full, at the same time succinct. Books received:-Railway and Canal Traffic Act, 1888. By W. A. Hunter, LL.D., M.P., of the Middle Temple. Part I. (an Exposition of Sect. 24 of the Act). (Sweet and Maxwell Limited) 1889; The Legacy of Cain. By Wilkie Collins. 3 vols. (Chatto and Windus). CORRESPONDENCE. To the Editor of PUMP COURT. Sir,-Pride in one's craft or calling, in the old days, none were ashamed of. Aping and sham, however, are the boast of the nineteenth century. One hateful dead level of garb, thought, and belief is the lofty goal for which it is ever striving. Everyone is to make out he is something he is not, and to belong the least he can to his own true place. Hence solicitors, instead of making the most of their professional life and standard, and fastening their minds on that alone, are for ever hankering after the golden guineas of the Bar. The unwithstood inroads of debt-collectors and such like, upon the fields of the Roll, I pass over. The question I do wish to bring before the readers of the Solicitor's Review is this: The Inns of Court Rifle Volunteers are forbidden ground for all outside the Bar. Of Law Volunteers there is no other regiment. It is rank folly to talk of the Artists or a battalion of the Victoria Rifles as in anyway whatever atoning for this. Why, in the name of common-sense, do not the business lawyers of the Metropolis, instead of thronging these corps, get leave to enrol, and then band themselves together under the name of the Inns of Chancery Rifle Volunteers? The backwardness of attorneys and solicitors in looking upon themselves as a great guild, intrusted as officers of the Courts of the Queen, with rights over and above any other body in the land, has gone on far too long. Other "Arts and Crafts" have indeed forestalled us in finding enough among their own ranks to start a Volunteer Corps. But better late than never. By the Solicitors' Act, 1888, Home Rule was bestowed upon us. In every way, then, should it be shown we can not only rule, but hold our own. March 17th, 1889. ST. GEORGE'S INN. wisely to throw open the corps to all lawyers, but the Com[We have long thought that the Inns of Court would do manding Officer, whom we approached on the subject, thinks differently; and there are many members of the corps who think with him. There is a very considerable section, however, of the energetic and working men who would be glad to see the corps strengthened in this way. We give due weight to the reasons against this military fusion, and admit that there might be some awkwardness at first in carrying it out, but the balance of advantage is wholly in favour of the movement. Our correspondent, however, is quite right. It is high time that solicitors formed a corps for themselves. It is possible that if they set about it the right way, and get the leading solicitors to countenance the movement, they would obtain the warrant. Unfortunately, however, there is not the same cohesion among solicitors as exists at the Bar, and as a body there is less esprit de corps and more individual egoism. The reasons are not far to seek, and it is inevitable that it should be so.-ED.] CAPEL COURT. THOSE who have listened to my advice about Tetuans and made handsome profits, will be disposed to follow my advice now, when I recommend Colon Gold shares. These will turn out every whit as good, I have carefully examined the report of the eminent mining engineer on these mines, and from other reliable sources of information, can safely predict great things for these shares in the immediate future. My advice is, Buy now while they are cheap; you will be glad to get them at double the price within a month or two, and even then I should recommend you to buy. The price at the present moment of writing is 75. to 8s., but they will go 6d. better before this issue of PUMP COURT is published. Another safe venture is Organos. From 1s. 6d. they rapidly rose to 5s. Of course, a lot of holders who are obliged to turn their money over quickly immediately rushed to sell, and realised a handsome This rush of sellers reduced the price by a shilling, but they are bound not only to go back to 5s. but to considerably advance on this price, which by no means even nearly represents the high-water mark of these shares. My advice is, Buy now while they are cheap, and watch for the rise. 4. Thur. 3rd Cl. Firing profit right off. 8. Mon. Wb. Meeting commences 11. Thur. 2nd Cl. Firing 15. Mon. Cl.Firing and Practice 18. Thur. 1st Cl. Firing 22. Mon. Cl.Firing and Practice 25. Thur. 3rd and 2nd Cl. Firing 29. Mon. Cl.Firing and Practice The days for Class Firing during August, September and October will appear on the Notice Boards. The Monthly Cup will be shot for in each of the above Competitions, except on June 17. NB.-The Regimental Camp is arranged for June 19-26. * The dates of these events are subject to alteration. The range is at Stanmore, and the corps has the exclusive use of the range on Mondays and Thursdays. UNITED LAW SOCIETY. February 18.-Mr. A. M. Lazarus moved :-"That the decision in Vagliano Brothers v. Bank of England was wrong." Mr. J. Samuel Green opposed. The following spoke :-"For the motion: Mr. A. K. Common. Against: Messrs. Nathan, Miller, Kains-Jackson, and D'Arcy B. Collyer. Mr. Lazarus having replied, the motion was put to the House and lost by four votes. February 25.-Mr. W. Sherrington moved :-"That it is (1) inexpedient, and (2) contrary to law, that women should. sit on the County Council." Mr. F. Minchin Voules opposed. The following spoke :-For the motion: Messrs. Le Maistre, Strickland, Miller, and Common. Against: Messrs. Ross Browne, McMillan, Aiyangar, and Bull. Messrs. Hartley and Marcus supported the opener on the question of expediency but agreed with Mr. Voules on the legal point. March 4.-This evening was devoted to private business. March 11.-Mr. Marcus, in an able and vigorous speech, moved :- "That the present Government have forfeited all claim to the confidence of the country." He was supported by Mr. Aiyangar and opposed by Messrs. Strickland, Conner, and McMillan, the last named gentleman in particular making a remarkably effectivespeech. On the motion of Mr. Lazarus the debate was adjourned until next month. F. MINCHIN VOULES, Hon. Reporter. THE anniversary of the production, and the 331st performance, of "Sweet Lavender," takes place at Terry's Theatre, on Thursday evening next, March 21, on which occasion souvenirs will be presented to visitors to all parts of the house. On the same day the company give a matinée performance at Brighton, and will partake of the anniversary dinner in a Pullman car on their journey to town. Having regard to the fearful uncertainty that at present exists on the Paris Bourse, and the extent to which its current of business has been suddenly diverted from the ordinary course, it is satisfactory to find that our Home markets continue so steady. Taking securities all round, they maintain a fairly good price, and, in the absence of any unforeseen financial catastrophe, will certainly advance, not recede. The proportion of the business transacted by Capel Court with the Paris Bourse to its whole business, becomes less yearly. Our transactions with Berlin, New York, and the other leading stock markets of the world became greater every year, and the prices manipulated by French speculators will have less influence in determining our own. At the moment of writing, markets are decidedly healthy, and the outlook, notwithstanding all disturbing causes, is decidedly promising. I can point to two great facts in our favour-trade is improving month by month, and peace is assured for a considerable period. Money is in good demand, but the supply is ample, and at a moderate rate. Day loans have been in good request at about 2 per cent. There have not been any great extent of Bank Bills, on offer, but the rate for them has been fully 2 per cent. Goschens and India Stocks have improved. Colonials are about the same. Peruvians show a little weakness, but Greeks are regaining their recent fall. Egyptians still continue strong, and are clearly a favourite stock with investors. Home Rails. Coming to our Home Rails, I have no reason to doubt that the traffic will concontinue good, and the markets for the Stocks keep firm. Brighton "A's," as a matter of course, are buoyant, on the satisfactory traffic return. The SouthEastern return is also good, although distanced by the Brighton. The increase of traffic in the South-Eastern and the London, Chatham and Dover Railways, during the Paris Exhibition, will, to my mind, be far greater than has hitherto been anticipated. It will have by no means unimportant effect upon the dividends. Investors will do well to note this. Great Easterns are also good, and will further improve, assuming that we have a traffic-producing summer. The Scotch lines hold their own. Caledonians are a good investment; while as regards North British, they cannot fail to have a substantial rise in the opening of that magnificent work, the Forth Bridge, which will constitute the North British the premier line of Scotland. Americans still keep a weak and very unAmerican Rails. settled market. There has been a good deal of manipulating in the coal lines, and I should say that those who touch them are very likely to burn their fingers. There has been some nibbling at Norfolk and Westerns, which are probably a sound stock, though of slow growth. Grand Trunks are sluggish. This may possibly arise from the knowledge of the fact that its traffics have recently been comparing with abnormally low |
