The Express. — London, England, 1857-11-02 00:00:00

Td! D ; Ro kILT NEWS: LONDON !CIMINO ystsvg=g2ll=="easibmite" lla r= imam awl el la ...ors min i• MAW •••:-.1 . 41 . 1:=11 . 1: NM Is dr weld reuniiile sod frainia.o ta Oa oft, wawa. tad =rim rYtrYY PPR b A. Mt./ UMW pm 1i 1111J41IA AND 011,AILTIA1. -....direillftwroirs Irbil the Isis Sr le sergeol AlvAnZty =tie wort a1:1 i ~ a ems.. ItrIXDIS ALL w.. OMISSIVE AVVNITII mon NIIIINTIL is ta bi Or dal, ✓0br...... bay et *A , mboybalbo. pa. brb by bwhobsw by! we ~etwurliikatilliNrel elf dirsier awl peilllea W -e. •Ay. ILiner2,_o•9=l?•lo2ol.s; or al Mot 0. Ar . V ., 4l==p ===satalm ......„_ lle MN bobbr. =lb .--.rarz, II as Al Lllairlier qpnner. nil is Um.* :f WM/ gip expreolo* TO COIRIOPOWDINTIL 1~.214..4 kg Ti. 1.144011... louden Poohl Pl!, ewe Oen, IC, lintoodowlrool. ty Two (Most ow de lot c; poWiellow. Tare raw. Tll LA NA DT „moot Yr W 1 . 1= n 14 , 4 ! 1° Z . LP Mt • • ea. lam ham Careana sit m i,r . .x 5a.Z.ftr..18:„.1:11.00 r All v t—iall MB TIIIIFINT. a 11.11111 T. aia a k " VSE WIS C . . Ittr il a t ib= "th. old .•irmas am a llyt. /1" RION WATIR AT LONDON 11.1D03. S` Day -Noma Atan.n. 114 Ile. fassrerw-aullio Alitawas. a 4llm. LONDON, NOND47, Nor. ..razz 2. NON. of the aetsally reigning Princes of India have availed themselves of the Mutiny to shake or subvert the British Suzerainty. One or two have occasionally been suspected of wavering, but not one has taken open part against na. Pretenders Ilia _ _ NAs t Btme: bankrupt e;it enterer, like Kan SING, and Erre and there nZemindar who has affected the title of ?iawab oe Rajah, and indulged in the osten tation of a troop of retainers, have endeavoured to place themselves at the head of the movement ; but v all who can be cossidered as Princes have either kept aloof from it, or have actively befriended us. The services of the Nisam and of the Rajahs of Putealah and lheend have been most important ; the Rajpoot Princes and the Rewah Rajah have done their bee tbr us. Even among the recently dethroned Pri:.cea of India suspicion attaches only to three— the King of OVDE, the Rajah of SATEARA, and the R.ulee of 'HANN. This fart is important ; and it is the more remark• alio. became the increasing frequency of "annex " atione " at kite yeses has so doebt dons mach to in dispose the native mind to one ascendancy, and to pro mole the machinations of those enemies who bare seduced aa army from us and raised the population of °vide against as &Irma to a man. We du not mean to my that the people of On& oared mach, or anything, foe their late King. They appear, so far as in have the means of learning, to bare taken his deposition, in so far as he was personally coneerncd, with marvellous nm. nimity. But though they may have had no objections to see the ex-King of Oche removed from his throne, it is clear that they have been extremely . _ indignant at seeing " Knompany Sahib " seat her, or itself in his stead. More than thirty years age, when 11E8E1 was conversing with en ititelli ger.; native of Dude, mil receiving has cordial swat to every censure pronounced on the them reigning monarch, the Bishop went on to suggest that it might be better if the Company warned the reins of government. Whereupon the native interlocutor, pressing his hands together, earnestly exclaimed, " May GOD preserve us from the loss of a native " lloveramentr This feclieg is still strong in the men of Oade. NANA SAHIB appealed to it when he offered aefety to al! Europeans in Cawopore who had taken no part in the annexation of Onde. That clause, in the terms he proffered to the be sieged, was addressed not to them, but to his followers. As early as the latter end of last January—before the incendiary fires (the first symp toms of the bed temper of the Sepoys) had been kindled at Barrackpore and Meerat—information was given to the Government at Calcutta that a number of the most irtluential native officers were in correspondence with the malcontents of Oude. When the Native Regiments mutinied at Fyzabadi an old. grey Subandar told one of the Engliah officers Utz t he end his Allows cared not for their late King; that he was in truth no king, bat merely one of the Company's making but that they were bent on re-establishing • Na tive Monarchy, and for that purpose they were going to Delhi. Take these facts in connexion with this other fact, that in Ouds alone does the revolt appear to hats assumed anything like a n►tional character--that while there, as English °Seem wri'e, every man's hand is against us, and every ♦;;:age and house a tomer, elsewhere our enemies have been only Bepoys, villages notorious for the plundering propensities of their inhabitants, or land holders with small troops of retainers—and it will be found impowible to resist the conclusion that it is the annexation by hoed Dstitousix that has turned the hearts of the men of Oude against ua. Among the tow other place where popular hostility to the English has displayed itself were Jhaasi and Nag pore, which are aleo among t h e most recent of our ;' 111311•Illti001.* Now, without ent.ring at present into the question of the justice of three and other ennegations, it wal be aa ditaccilt matter to show that they are ex tremely impolitic. Even with regard to Onde, what harm did the misgovernment of the late King do us? If the country was unsettled, that did net disturb the tranquillity of our territories. The Magistrates of all the British districts bordering on Onde were asked whether life and property were more insecure in them on account of the proximity of that anar chical province ? Boise of them replied that they wens not aware of any difference ; one or two frankly coarsened that the inhabitants of Ouds were more pestered by marauders from the British terri tory than rite eersd: and net ern ventured to say that the tranquillity of the British territories wee at all endangered by the proximity of Onde. And, for what concerns internal govern ment, recent history ~ h ows that the people of Oade, when left alone, have been able to help them• Nevis. The character soil conduct of one of the pie &censors of the late King are well known, from the •maaing book called " Memoirs of an Easters King." I Well, what is the statement with which that book wants up ? That the sesame of its hero grew quite ietelerable ; that his on ti relations wore obliged to get rid of him; and that his successor, deterred by the cocarquences of his vice and folly, ruisa like • irremovable being and • ja..t sovereign. Undoubtedly Gude was terribly misgoverned osier the late King —who appears to have been smarty as bad • character as err owe GEORGE IV.—but has it been better governed since the Anglo-Indian Government took it into their hands? From all we can learn, the inhabitants of the native State whale territories ere intermingled with our dominions stn's' general quite u prosperous ea thoseemader oar ioinselpatiffeeff-- The two principal exceptions have been Oxide and the Niz tu's territory; and in these the cease of misgo vernment is obvious. The Princes relied confidently on the support of a soldiery in British pay against any insurrectionary movements provoked by their own epprtesion. The influence of the superior European civilisation is neared to the subjects of native States by the emulation of their Princes; and the existence of an actually reigning clams among the natives prevents Europeans from regarding them as an inferior clan, and dealing with them accord ingly—themaelvss Gem feeling that they are an inferior clam, and submitting to be treated se such. Nor do the natives alone bene fit by the maintenance of the native States. Bad Bengal, Behar, and the North-Western Previa' ego been more thickly studded with native soverelgoties, the military elan among the natives would not have learned so easily to regard them "elves as a nation—aa the nation. Our Prtetorians would not have been so unanimous in their Mutiny. Nay more, in our effort, to suppress the Mutiny we should not have been exposed to the same difficul ties in respect to our commissariat and transport arrangements es it is likely we shall be. English officers have borne witness that between the Pun janb and Delhi it would have been impos sible to obtain supplies, or bring up our siege trains, but for the saaistance of the Jheend and Putealah Rajahs. Their treasuries had not been looted by mutineers, and they lent their money freely to help us in our need. Their com• mand of the local means of conveyance is permanently superior to ours, and they helped us to drag our heavy guns and their appurtenances through the deep Asada al the region they occupy. The moral to be drawn from these considerations is, that after the suppression of the mutiny, or re volt—call it which you will—there must be no " an " mastless." Even though a few great landholders, or even Princes, should be found to have been im plicated, it will be wise to abstain from confiscation and appropriation of their territories. If any such persons have acted hostilely to us, let their territories be given to some member of their family who has not been compromised; or, if none such as be found, to some neighbouring P rince ; but let us carefully eschew taking possession of them ourselves. Nay, it might be well to go further in our renunciation of the fatal annexation policy, and even restore some territories which we have already annexed. We have no desire to see so large a State as Oude re-established in the centre of our dominions, more especially on such conditions an those which encouraged the ex-dynasty to misgovern it; but keeping in view the aversion of the inhabitants to direct English rale, we think claimants to portions of it, with feasible titles, might be found who could administer it more beneficially far all parties than we can do. The annexation policy has in some cases, no doubt, lad its origin in no undue hut of aggrandisement, or territorial ex tendon, but simply in a narrow-minded bureaucratic love of centralisation. It has, however, shaken the confidence of the natives of India in our good faith, and like all centralisation it has weakened, instead of strengthening, the hands of Government for good. It ought to be renounced at once and for ever. In these [smirks we have confined ourselves to the policy of annexation. We have &raided, for the present, the question of its morality, because we wish to avoid angry discussions with the advocates of the practice. If, however, say of them are de sirous of entering upon this branch of the question, we are ready to meet them. We have no hesitation in avowing oar conviction, that some recent cases of annexation have been most disgraceful to the Anglo- Indian 001 ernmen t. Lit it bat be whispered, as a piece of exclusive informstion, amongst • knot of Parisian speculators, that the French Government are about to issue a Report OW the State of the National Finances, and the entire audience will rush in frantic haste to the Bourse to " operate for the rise," as the phrase runs. The curious part of the matter is that no one will think of stopping to sok what the Report of the lattelsien of FII4ANCZ will say. To ask such a question. indeed, would merely provoke • smile at the simplicity of the interrogator, it being always sastuned, as • matter of course, that the Mt myna, in his financial picture, will confine him self exclusively to tints of the most roseate hue. But this state of things has really its inconveniences. When the public know that the Financial Report will betray a constant en deavour to put the best possible face upon every point referred to, and that it will studiously evade all but the most meagre reference to adverse features, the power of such a document to instil confidence is greatly diminished ; for no one cares about • review which is notoriously one-aided. Of course, nobody doubts for a moment the skill of the financial essay ist; every one feels perfectly convinced that the accounts of the nation will be—we will not say " cooked," but, presented in the form most grati fying to all persons of an optimist turn of mind, as well as to all who can admire and relish really clever manipulation. Unfortunately, how ever, the reflecting public want something more thou this ; and hence the melancholy flatness into which the effects of these periodical Financial Reports imme diately subside. The momentary applause which is got op amongst the official elogissura in the press and in financial circles counts for nothing, in the absence of any genuine response from the public, for whose ediflcatioo the labours of the ernployi's in the Finance Department are especially intended. The French Government an the more open to the eharge of bad taste and want of perspicacity in this matter Dwane. the French Finances are really not in so bad a condition as to need such desperate and constant attempts to writs them up in public estimation. After makingallowance for a variety of cent ingeucies which M. MAONE either ignore& altogether or touches upon with the utmost delicacy of pen, the results of the Budget of 1839, which is about to be submitted for examination to the Council of State, are really not an bad. Of course it is impossible to rely with I any confidence upon Estimates referring to two years hence, and put forward by the Government of a mammy where there is, virtually, neither press, Parliament, nor freedom of discus&ion ; but there is still something cheering in the announcement that the Budget of 1839 is calculated to present a surplus d tarty -eight millions of francs, or 1,920,0001. ster ling. This result is arrived at, too, although, as we UM aftestly ensured, the expenses "are taken on • fis largest basis," whilst the produce of taxation " valued with great moderation." W MAGNE is seasequently enabled to triumphantly recommend that the large sum of 1,800,000 i. be applied in 1839 le the &inking fund. Now, if this result be really attained, and the money applied as proposed, we declare that we shall be the first to congratulate the Government upon the fact, and to render the due mend of praise ; for such a result would indicate a vast improvement in the financial re sources sad policy of a Government which has never yet got through a year without a large deficit. But there is an old sportiog paying, which teaches that it is best not to holloa before you are out of the wood. and a fl ourish of trumpets may be most gracetlil) DAT Fr7 . d until the eatpireriondif the twe yeah which aillestall in thar•testals of the Paean. Whis an say what may not happen in two years? We cannot help thinking that the Minister has not set apart • salllcient reserve for those unforeseen contingencies which in France so frequently entail large draughts upon the treasury. For instance: the estimated suples of 1859 is 1,920,0001., and as M. Maoris so magnanimously hands oveo—we mean, at present intends to hand over-1,000,0001. to the sinking fund, the reserve will be reduced to 320,0001., a sum absurdly small ocaripared with the enormous figures comprised in the Budget. It is true that M. MAcNC points oat that the sum repre senting the inertias in the taxes will be also avail able to meet charges at present unforeseen ; but • prudent Minister, knowing from past experience that then " unforeseen charges " are invariably heavy, should scarcely omit to make other provision than that derivable from the increased produce of taw tint two years hence. Another very important section of M. MAONE'II Report is that in which he refers to the position of the floating debt. Here we may notice the dexterity with which he evades stating the present amount of that debt. The only information afforded on the subject is contained in the remark that it is this debt that has furnished the serious amount of 35,440,0001. which represents the accumulated deficit of former years. It is also remarked that to this 33,440,000/. must be added the 3,120,0001. which was advanced in 1852 by the Treasury to reimburse the holders of Five per Cent. Rents who refused to accept the con version into Four-and-a-Half per Cents. M. MAGNI reports that " by means of the legislative combine " time voted last session, and of the treaty con " eluded with the Bank of France, the floating debt " will, in a abort time, and without any shock, be " reduced to about the sum of 760,000,000 f.," or 30,000,0001. sterling. " This amount," be remarks, " has nothing excessive in it"—an assertion in which we really cannot agree. The Government which enjoys the best credit of any in the world— we mean our own—confines its floating debt to not much more than half the amount mentioned, and finds the handling of this portion of the national debt so difficult that the advisability of further reducing it isbeeoming daily more apparent. If the . French Govern ment really aspire to institute a well-ordered system of Finance, the movements of which may excite legi timate confidence by being comprehensible to the public, the pruning knife should undoubtedly be ap plied to a much greater extent to the floating debt. It would, therefore, be only prudent to apply the 1,800,0001. promised in 1859 to the reduction of the floating debt, rather than to redemption of the Renter. A curious feature of this section of the Report is the anxiety evinced by M. MAONE to fling upon previous regimes all the onus of the deficits which have led to this perilously increased floating debt. He draws especial attention to the fact that "the " Budget of 1847, the last of the Monarchy of July, " closed with a deficit of 257,000,000 f. (10,230,0001.)," and that " the deficit of the Bridget of 1851, the " last of the Republic, exceeded 100,000,000fi " (4,000,0001.)" But perhaps the most characteristic feature of the Report is the entire absence of any allusion to re trenchment in the notoriously extravagant Govern ment expenditure. A highly coloured picture is drawn of the expanding commerce and increasing prosperity of the nation, but no reduction is to be allowed in the military and naval establishments, the cost of which so severely tries its energies. The idle magnificence of the Court, too, is still to be kept up, and rich pests must of course be found for its dignitaries and pensioners, even if they have nothing more to do than to take a place, now and then, in some state ceremonial. Upon points like theso— points which have long excited the satire of the one. mies of the Imperial reg i m, and the sorrowful com ments of its friends—the MINISTER of FINANCR breathes not one word. We read in the Lirerpool Albion —" The bom• bardmentof rerown la a subject psinfal to the redaction of all right-minded men, both in lingland and the United Stake. The facts are now familiar to the public, and we shall not repeat them. On Saturday Sir Wm. Gore Ouseley, K.C. B , sailed I fig America in the Arabia. It is understood that he le en trusted with full powers to strange this delicate question with the President of the United State*, and ano the other vexed questions relating to Central America end the Mosquito Indiana. In making this appointment Lord Pal merston has wilected a minister not connected with his own political party, bet connected with the United States by means of his wills, who is the daughter of an Amnia. c hine, Sir W. 0. Onseley le • gentleman who has acquired considerable reputation as • statesman and a pacificator, and, as he is elm a personal friend of Mr.,luchancia, our brethren in America cannot fail to see that Great Britain approaches a Peden:. tof this unpleasant affair in the most friendly spirit, and through a most conciliatory agerney." TUE MEDITERRANEAN TELEORAPII.—A telegra phic communication, dated Cagliari on Friday tenting, from Mr. Newell, the manufacturer of the table, aye :— " The cable has reacted Spartivento, in Sardinia. The operation wee accomplished with Enke success. The com munication with Africa is perfect." We may congratulate the promoters of this important enterprise that, after more than one failure in the attempt to lay down their fine, they have obtained the reward of their pereemesnoe. By this MOM the French Government have a di rest telegrephie communication with their Ablaut . . . . premonitions in Algiers. The cable on leasing Spezia'. is carried under the sea to the northernmost part of the island of Corns', which bland is eromed overland. From the south of Corsica a submarine cable crown the strait' of Bonifseio, and is landed on the north of the inlaid of Sardinia. The telegraph misses the island, and is submerged at Cagliari, or Cape Spartiyento, the most southern pert of Sardinia, and than passes under the sea to Boos, on the Algeria' territory. The difficulties ht laying the line across this latter portion have been very great, owing to the inequalities of the bed and great depth of the waters of the Mediterranean. At one part the depth to which the cable fe lowered le not more than ninety fathoms, and the water deepens Lai medistely to ewer 2,000 Gahm :a. or nearly two miles end • half. This congeny her a paid-up capital of 300,0001. Of this ram 6 per amt. Is guarenteed by the French government for fifty years to a ram of 180,0001., Francis rarefying by the line certain privileges connected with the transmission of government dispetithee to the bland of Corsica and its colony of Algiers. The government of Sardinia gives a guarani es of 5 per cent. en the remaining 120,000 f. of their capitol, laving the in end metro' of the line over the island of Sar dinia, woven se the communication with Turfs. Tux bIDIAN MAILS.—On the sth inst. the Bom bay awl Calcutta packets will be due at Sues, with news tram Weans up to the 10th of October, and from Bombay up to the 17th of that month. This news should reach Lou' dos. aid Teethe, on the 12th inst. By the teat packets Delhi wee 30 der' post from Calcutta, and 11 day. from Dosehey, end Cawirpon was six day. poet from o Csk-u There wan rthelderable delay in the post reaching Cahutta mod thethey treat Delhi for the teat packet., on account of the mother state of the intervening neighbourhood. If Lethimew was relieved at the Um it was ea be, it would probably be about 7 digsr ftite or toes three to Calcutta. It is resale Sot the test Wines Delhi sad Calcutta or Bombay might M skim thistemegleme thee by the last account., sad that It might be wig deal sr nine drys' poet between the former ear me of the 305 w be plena Lsoknow we expeeted to be relieved en the filth et listhember. It is probable, there fore, that*, the Nth tweeselswe may have new. hem Delhi up to a hearS a hle It was sestared, and bum Loch ner sp to amity a sad it mos relieved. This Wit vadeshot in will be Ineadmat sod Interesting , for it will sot Solibla Or bras thaw captors of Delhi end meet it Se Midst Leather, and such m asa& of the of the fewthweee ae will enable es to Judge hew Y es they Ile le alre le Ve team L atie padre. that wo hies ea rTALruiktelignma eta &dials ia eaddlefelas ot t sews by nblzt mud, sent liontle_y, *At le eh lie IS led brine RELIT) Irrah.—The r. 5 Wads up to Saturday show that already the meat setwerlbed for the relief of the edam by Se Seta Intim monde WO* ay *. EVENINII, NOVEMBER 2, 1857. WR4DBOII, OCT. 31. The Queen and Prince Consort, with the Duchess of Cambridge and Princess Helena, acoomyenied by Lady Craaworth, drove out yesterday afternoon. Viscountess Jocelyn, Lady Geraldine Somerset, the Han. ZIOMBOT Man ly, and the Equerries; in Waiting were in attendants. The dinner party in the coining included the Duchess of Rent, the Dachas of Ciunbridge, the Prince of Weiss, the Princess Royal and Princess Mary of Cambridge, the Lord Chancellor and Lady Crsnworth, the Belgian Minister and Madame Van de Weyer, the Hon. MIL Biddulph, Mr. Baillie, and Mr. Gibbs. . Theßend of the Scots Fusilier Guards attended in the Cagle, and played during dinner. Her Majesty'. privet' bend performed In the evening the following Overture, " liaritana" Wallace. Ilona end Dnetbe, "'freebie" Faekei-Tana The Queen and Prince Cceseert, acconipenled by the Princele Royal, rode out on horseback We morning, attended by the Hon. Horatio fltoploed, Major-General Downie. Colonel F. H. Seymour, and Colonel the Hon. N. Hood. The Prince of Wales went out ehootlng. The Duel:leas of Cambridp and Princeea Mary took leave of her Majesty and left the Culla in the forenoon, attended by Lay Geraldine Somerset end Major Parra. The Lord Chancellor and Lady Cratiworth also took their departure. The Prince Conlon went to London today by the South Western Railway. His Royal Highne•e drove from the Orate station, Vauxhall, to the National Gallery; after wards visited Weetzaizater Palace, and returned to Windsor la the faunas. — Viscosatead 'baluster Pahnerston arrived this after noon, as had the boars of dining with her Majesty ht the wreaks. Lidy Nary Hood also bad the honour of being invited. Her Majesty's gavots band played In the evening the Wineries cespesttkee : . . Overture, .. Dermas Na" Selection, •' Leivesire" Terretto, vermeils twits Mozart. Ales's., and Worm Nov, 1, The Q. sod Prism Consort, the Prince of Woks, Prism' Al* sad Primes Hokum, the ledfee and gend•- NM d tl7,Coert, end the Domestic household attended divine service this meaning in the private chapel. The Noe. sad Vary Rev, the Dean of Windsor officiated. /daper-Osereal Buckley and Captain the Hon. D. de Roe have succeeded If elor-Genaral Bouverie end Colonel F. H. demur se the Equerries in Weida' to the Queen and Prince &swot - --- --- liar Ididosty will hold a Privy Council en Wodsooday mat t the 4th foxtrot, at Windsor Cagle. The Duchess of Rent, attention by Lady Augusta Brun and Sir Georg* Coupe?, arrtrod it Clarence House, St. James's, on Saturday morning. Her Royal Highness returned to Programs in the afternoon. . . The Maquis of Wotan* had au Interview with Sir George Grey et the Hotaredloe ow Friday. Lard Steak, of !Jiang returned to hi. wt, Alderley Park v listorday. Dewed= kr the of the Watt Italia Colrain were epee of ea eetardsy hem the Cokatel-office. Visonat mid Vicomte= Pigment= let Cam inito Hoer, PkerdOly, on Saturday, as a Melt to hre lisMity, at Wisdom Camila The Prosier will remain errand days at the Coed*. The Lord Chancellor and Lady Cranworth re tained to town on Saturday, from a vWt to her Majesty at Minima Castle. The Earl of Clarendon, accompanied by the Cookie, left town on Saturday, on a visit to the Right MIL the Chancellor of the Eac.haqacr and Lady Thera L. at Marylon Court, ilarafordeldre. _. . .. Ths Earl branvilli has left town for Derbyshire. The Earl of Harrowby has also left town for Bawl=Hvl, tzliaSzdakire. . . Lord Panmure ia at Taymouth Castle, on a visit to tits Manias and Marchioness of Breaklimns. The noble red srM be in town on the Bth last. The Right Hon. Sir George Grey has gone to his int is Northumberland until the 7th inst. The Right Hen. Robert Vernon Smith and Lord Stanley of Aida* fousoiff is town. The Right ion. M. T. Baines has left town for Yorkshire. His Excellency the Netherlands Minister left town o• Saturday ca a visit to Mr Hesoy and lady Baa lbek, at thar rat to Yostaktre. The Duke of Portland has arrived at Harcourt Hoes., Cavatdah-aquar, from his seat, War& Abbey, Nab The Duchess (Emily) of Beaufort and the Ladies Edith mad Emily Somerset have arrived at their Mena reel demos from viaitiag the Earl and Counter of Wilton, at Heaton Hall, leameldrs. The Marquis and Marchioness of Tweeddale have retired satisfactory accounts of their two sons, Lord Wit- 1 liam and Fredrick Hay, who are both in the civil nevior of the Han. Bast ladle Company, In the Bengal Presidency. The Earl of Derby left Newmarket on Saturday fur Know.ley Hall, his seat in Lancashire. The Earl and Countess of Clare have arrived in town from Mount Shannon, Dear Limerick. Viscount and Viscountess Villiers are now at Upton Home, near Banbury, whirs they intend to per the winter. . _ Lord and Lady Willoughby d'Ereeby have arrived is tows, hum Drummond Castle, Perthshire, the noble lord and lady having made a short slit to Ortnisthorpe, Lincoln shire, oa their route south. Lord and Lady Ebury aro pairing the season at Moor Perk, Hertfordahire. - _ Lord Henry Scott and Lord Itanglaa have arrived at Montague House Whitehall, from the Duke of Bac cleuch's east, Drurnisnrig Castle, N. 8., and are on the eve of departing on a Continental tour. The Right Hon. Sidney Herbert, M.P., and Mrs. Herbert, have been repaving a select circle at Wilton Houle, near Salisbury. The mortal remains of the Hon. Edmund Phipps, brother of the Marquis of Norroemby, were on Saturday interred in the Necropolis at Woking. The funeral was of • strictly private and unostentatious character, and was attended only by the Hoe. Colonel Phipps, the Earl of Hui grave, and other menibsee of the family. Samuel. Leonard Tilley, Esq., has been appointed Secretary, end Charles niter, Esq., Attorney-General tar the province of New Drumstick. Joseph Sherrington, Eon., has been sppoioted Treerarer, sad Walism Gala, Eq., Accountant for the Treasury Department, island of Ando& Jules Colin, Eq., has been appointed • district Magistrate fir the island of Mauritius.— ()bum, Her Majesty's governmeut have intimated to the Mayor of Oxford their willingness to present the city with two Russian guns from the met of the late war in the Crimes, on oondition that the expellee of mounting them is not thrown upon the government. We understand the Mayor has accepted the offer. It is expected they will be pieced in Codas, in frost of the polio, station. CoNTRAcrs (Prinic DzpAwnerwrs).—An enor mous blue-book of 637 pages, about the deed s church Bible, wee fumed by the Paelleasentery prince's se listuiday. It conteins the repeat of the select committee of the Com mons House sppointed, In ?day Isar, to inquire into the principle adopted ?or making contracts or the public depart- meats and the effect of the meant system on the expendi ture of the public mosey. The typist is to the effect that the committee have not yet been able to conclude their in quiries, but they recommend the pnblirAtien of the e af. desee for the information of the loose end the puns The committee oonsidered the clothing of the army se the first branch of their inquiry but circumstances aroma to the coarse of It which induced them at once to cos mance an Inquiry into the present contract fee supplying 16,000 marines with clothing (which inquiry is incomplete). Every vitae* was promired protecti m or u l the chairman of the committee if he made tree and and full disclosure'. When the draught of the meet was Mermaid an the 11th el August all amendment wee moved by Viscount Duncan to strike out words reconerosed ing the reappointment of the select committee next year, but the amendment was negatived by nine to three vote., so that the reappointment of the committee in DM say be deemed certain. Mr. Baring and Sir J. Rawden weed with Lord Dane= la the minority, _white Dewed Cedringles, Ole C. ?Wrie,Wr. Corry, sad Lard C. Baedtwa weals ibe me jotft. Of ten attesters essadiel, the semen were snowed amoing to 641. Amen Vie tame mutable wllsewes were Calomel Gtr T. TteeWip, 0.11-Ine C. A. Wetherell, K.C.D., Yr. 0. D. Bumf, Ceuta , Oetto, C. 8., Colood ue =r a r news, lAttestat-Ookosi king, 0410 Wile% R. Coloiel C. WelbiraD i lad OM{ UNITED STATES. The Royal Mail steam ship Niagara arched _yes terday morning at Liverpool, haying left New York on the morning of the 21st October. She Las brought 64 passengers, but no specie. She heg brought us New York papers to the 20th, and a telegram from New York, via Halifax, datod the 23rd ult. There is very little news of importanoe. The commercial panic seems to be subsiding. The fol- lowing is from the latest number of the New York Times : MONDAY,Ocr. 19, rm. The official averaged of the banks in the city of New York for the week ending on Saturday UM, Oot. 17, Priellat In the aggregate, Me following changes from the previous statement of Saturday, Oct. 10:—Decrease of capital Mock, 666,000 dot& ; decrease of loans and discounts, 4 , 6 7 1 ,7 43 dela. ; decrease of specie, 3,633,064 d.lo. ; decrease of 1111• drawn depoeity 7,049,164 dole. • increase of circulation, 563,842 dole. The Clearing- hou se triumactions of the week wan unprecedentedly small, averaging only 10,196,611 dela. per day. The liquidation in sit departments, mos that of drculation, iain very large, VOINthE mainly out of the suspension of payments en Tuesday last. On that day the specie iC ... 611 to 6,800,000 dole., as ascertained on a comparison of the sums held by each benk,'M the conference the same even ing. The Snots again up to 7,843,230 dole., but what por tion of the apparent two millions Increase is from spethd ur what from general •CC3:11:41 since Tuesday, there ia on sufficient means of • . Some law of the tanks have sought to increase their at of bullion in both weir, while other have declined to do so in either, except when email parcela are brought in voluntarily on general amount, without pledge from the bank, direct or implied that the gold is to be returned on the cheque of the depositor. The ape, ie column, therefore, in the present statement, bas little significant* se a test of the relative strength of the different banks. The decrease in loans is made larger by 940,000 dole. than otherwise would have been by the liquidation of the North River Rank. North River Bank, Oct. 10. Loess dole. 940,346 Deposita dole. 686,240 Specie 42,072 Circulation .. „ 122,707 Capital Altogether the Present statement is more important as • carting point under the new order of currency, than as' showing the true movement of the past week, thrown as It wee Into utter oonfturion by the event of Tueedq. The reserve of country bank note. unemployed held this dientoon for account of the associated citylanks In the vault althe Metro politan Bank and repremmted by certificates of the denemlna don of 600 dole., 1,000 dole., 3,000 dole., 6,000 dole., and 10.000 dole. each, is understood to amount to 1,300,000 dole. We have had • dem market at the Stock Exchange through the day, and the tone at the close is rather buoyant than otherwise on several of the leading stocks. After the printed list, New York Central shares brought 671 to 68 ; Illinois Central Bonds cued 631; (Miens, 68!; Reading, 32+; Panama, 72; Toledo. 29 ; Miasouri Siam, 661 ; New York Lang Bizet, 104 ; Delaware, 96; and Erie, lto 12. There was a fair amount of business done, and the average minima eines Saturday fa about Ito 11 per cent. The market con tinues to be helped by the indisposition of money-lendm to continue their pmchases of mercantile paper; for which the is no reliable deemed at present. Bank Mocks are better held than Ist week, and on the few parcels sold an ' -"-- advance to had on the prevlons transactions. The market for foreign exchange for the Boston steamer was a little morn motive than for the previous packet, and the range of quotations, on actual transactions, not so wide, although still very irregular. The top Wes were at 102 e to 103 per cent. on Loudon. One or two leading banking homes settled credits at 103 per cent. ; et the same time ie• fusing to draw their own bills better than 106 pee met. There wen solo of transient drawn bills at 101 to I=l - even as high so 103 pm , cent., with prime New York meat. France, 6.66 to 6.60, very irregular. Upon the whole review of the market we remark lea sakiety to prase sales than last week, and fewer fellers in number. The Canada binks were out of the market to-day. The domestic ex change cot so good as on Saturday; Richmond la down to 90; Baltimore , 94 to 96; Pensylvenla, 971 to 98; Boston, - 98 984. - The Supreme Court of the State of New York on the 19th ult. pronounced an important decision which settled the legal question whether by the mere fact of suspending cub payments the banks have committed an act of insolvency. The following is the substance of the judgment as set forth by Judge Roosevelt, which has relieved the bank' from very serious apprehensions about their liability to a summary process of sequestration LIVIMATON AOMT. INF BANG Of N . IW YOWL. The plaintiff being, as he alleges, the owner of two ' circulation notes " of the Bank of New York, each of the denomination of 100 dole., on the 13th of October presented theta to the paying teller of the bank, demanding specie for them, and was refused. He further alleges, on information and belief, that the bank is insolvent, and therefore pays that it may be dissolved, that It may be enjoined from exercising any of its corporate functions, from collecting its debts, from paying or traesferrieg its money and effects, end that Its semis may be appropriated to pay Its liabilities "ac cording to law." The plaintiff, no doubt, is entitled to the rum remedy, by the ordinary suit at law end judgment and ex ecution against the bank, ea against any other debt or. What Occasion la there, then, for any extraordinary measures beyond those already referred to, in favour of the meant plaintiff or againet the present defendentse The bank, we see told, is insolvent ; but how ip that shown ? The plaintiff's " information and belief" la surety no evidence; especially when in direct connsdiction to the regular official reports of the bank, which, being made under oath, and published by express direction of law, are, it is presumed, entitled to at least as much weight, judicially, aa the unknown and nn worn informant of the plaintiff. We are left, then, to the mere legal inference of insolvency, resulting from the suspen sion of specie payments by a bank of lame. Is such the m emory inference from suspension, no matter what the bank's meta may amount to, in mese where suspension la generel, and nearly universal, throughout the state and every other section of the Union? It seems to me that it is not. The statute of 1849,—which, being subsequent in time, and especially directed to the cam of banks of issue, and coveneg precisely the same ground, would seem to supersede on these points the older enactments—this saute provides that upon proof by the abortive return of an execution, or by other mtidsetory evidence before it is re turned. that an execution for "any debt or liability exceeding 100 dollars" cannot be satisfied out of any property of the bank thus sued, the judge "shall at once make en order de claring the insolvency of such corporation or asemiation ;" to be followed, of course, by the appointment of a receiver to wind up its business. Under another section, however, a creditor, without waiting the first twenty days, or the sable quent sixty days, if his demand exceed 100 dollars, may, at any time after ten days from the refinel of payment, apply for on order enjoining the bank and declaring it insolvent; and on such application, the judge, "if in his opinion, on the frets presented, it be expedient, in order to prevent fraud or injustice," qay grant an order for a temporary injunc tion. After which, on hearing of the parties on there notice, he shall determine whether the bank be "clearly solvent or otherwise." And even if he de termined it to be clearly solvent, he ie required to continue the temporary injunction, if one have been granted, until full payment of the debts and costa. But if he determine that it is " not clearly solvent," he must not only continue the injunction, but appoint a receiver. Reading these provisions, can any one my that, by a tree intesprets tioll of the law of which they form a part, the ware sups aim of specie payment. of itself, and by itself, DOW the question of insolvency ? If so, why ropurs tour one sec tion, the issuing of an execution and peel offshility to satiety it; sod under another, first a daisy of at lout ten days, and then a hearing on further noting, end ea examina tion of the "officers' books, papers ammo" ruts, and I effects I" Banks of leans in this St ' ate are the seatese• of the law. The same law memos that while meommodaftiliff I the public, they will yield an income to the stockholders; and how is such income to be realised ankles they at, allowed to been, not only their capital, but a portion at heel of their deposit.; and that, too, not retureeble on dinnesd, but on time f It women therefore, in the very cieganina tion of such institutions, that in ruse of a pane or sudden rush, the bank*, although amply able and clearly solvent, may not have specie enough on hand immediately to satisfy all claims. Thence the set of 1849, imbed of authorising a permanent injunction, upon a mere refusal to pay in wide, expreeely mower. further ' proof satisfactory to a kudos of the Supreme Court," that the demand of the plaintiff " can not be 'elided out of any property of the defendant," or that after a full hearing of the parties, it shall appear, and be so determined, that the institution is "not clearly solvent." In the present cam, it is now admitted that the bank has property not only sufficient, but in every respect more than sufficient. to !satisfy all demand.. Within the mean ing of the statute therefore, it is " clearly solvent," and of course not a subject for the extraordinary decree prayed for in the complaint. For that swoon, as well as for the meson that an " fraud or injustice" is alleged or pretended— It is, in ray " opinion, on the facts preeented,," nut only not "expedient," but, on the contrary, highly inexpedient, to grant • " tern' wary Injunction," or an order to show came why ouch an injunction should not be iseesed. Banks of issue, where they are acting in good faith sad are clearly advent, have a little time to breathe, after eispentelen, although not very loog. On all except email demise they must have twenty days, and, with the approbation of the sheriff, may have sixtrmore. And as aga i nst all their or ditors, except noel holders, If certala views ► of the constita• Lion are correct, the legislature, should they desm the public good to reclaim It, may extend the indulgence still farther. On this point, however I express no opinion —ftwther then to say that eny legislation to be valid must eseforni bet t, the Federal Constitution, prohibiting all the Aim teas passing any law " impairing the obligations ef sentleste." sod secondly, to the state constitution prohibit" the leers, whatever may be the true interpretation the It . - bition, from passing any law "sanctioning in any mem; directly or indirectly, We suspension of specie payments by any pemon, corportes, or assocaation, Issuing bask at,. of say doecription: Injunction denied. The court also staled that plaintiff wished to withdrew the suit. With regard to the Nlassachasetta law, the Bartow Journal says: It may not be generally known that 24 per rent. interest accrues to the holder of every bank bill oil which 'peels pay • meat Is refused. See, 29, chap. 36, of the Neeseelawelta Revised Statutes, which is din in fine, reeds se follow,. If the officers of any beak shall refuse or delay _payment, be gold or silver gamey. of any note at bin of such beak,pre sented for peymemt in their usual bows of business, the said bank shall be liable to pay to the bolder of such note or bill as damages, at the rate of 24 per oent. a year, for the time during which such payment shall be delayed or refused." Boston, Oct. 19. The Trareseripl this afternoon announced the following ro.-ent failures Meson. W. Greenough and Co., hardware deal;rs • J. M. Holden, furniture dealer; George Formaith, chair tialmfacturer i Keith end Thornton, clothbg dealers ; J. W. Carter and Co. pears ; sad W. P. B. Brooks, fumtture dealer. We have no change worthy of notice to report in money matters to-day. Philadelphia, Oct. 19. Mr. Allibone, president of the Pemsylvania Bank, has nn i gne d rac e of ill health, and MI realea.thin ban been e oc e ptet. Joseph lonia, Eel, ban been meted re. trident ante Commensal Bank, to all thev.C.EC7 Mused by the resignation of W. Wainwright. Two prominent dry ilki ng -houses sumpendedto-day, one of them being an d co,, the heaviest in the d ry. Their insets 1110 New Orleans, Oct. 17. E in the monetary line is more cheerful The Beak o New Orleaon fe paying some nee* sad will resume entirely next week. Idioms. Oskey and Hawkins will re sume on 'Monday. Mew 4. J. A. Doherty and Co., dealers is western produce, suspend. ed Yiattoda7. St. Louis, Oct. 19. MOMS. Teeeon and Den* bombe' of this city, dolled their doors this morning. Onto weakly bank statement shows a reduction of fifty per oesX in max The circulation and deposits of the State Bank have decreased nearly bavanq per cent., and the decrease cd e do bill been in • OM greater ratio. Chicago was on the morning of the 19th visited by the most destructive confia t tration that ever visited that city—the total lees i 'y which is esti mated at 600,000 dollars. Four per. sons are known to have been killed by falling walls, and fears are entertained for the safety of other, wh o are missing. The origin of the fire is unknown. The treaty recently concluded by Commissioner Drover with the Pawnee Indians secs ref; to, th e United States ten or twelve millions of ace. es of Lena- These Indians not only pledge themselves to remain.„ at pewee with the United States, but that t hey wrn use their influence with the neighbouring lines to the same end. The returns of the election in Kenos an g, 'ill in complete, and the character of the newlyik 'ected legislature is involved in doubt. Advice. from I rence to the 10th claim a Free-State mejceity i 1 loth branches, but it is added that in many precincts the judges are throwing out votes upon the grcrand of alleged informality, and that they are very likely this way to secure a pro-slavery majority. A Matta, from Quindaro give" the Free-State men nine and. the others four of the councilmen, and says the House of Representatives will contain 22 Freo-Stst• men and 13 pro-elarery men, with four districts to hear from. Piurott's majority as delegate is over 6,000. In view of this result, the Chicago Timm, which is regarded as the Special organ of Senator Douglas, amens that Kansas must be a free state, and that the sooner the evident wish of the people is allowed to prevail in this matter the better. The steamboat Tropic bas been sunk in the river Missouri, near Waverley, and eight or nine lives were lost. Information has been received from the South that Walker's Expeditions—one to leave New Orleans and the other Galveston—have been de layed, in consequence of financial pressure, until the Ist of November. They do not expect to meet with serious, if any, opposition from the federal officers. They propose to land at some point in Costa Rica on the Atlantic coast, and then march on San Jose, the capital of that Republic, which they expect to reach in two days. Their calculation is that when they rapine it, the whole country will be within Con. The aggregate of the filibuster forces is n e rBoo to 2,000 men. LATEST VIA HALIFAX.. A telegraphic despatch from New York, of the 22nd Oct.. reports the arrival there of the North Star and Kangaroo. Financial affairs at New York were again gloomy, and the money market was decidedly more stringent. All stocks were lower; flour was tending down wards; wheat and corn were firm; cotton was quiet. The Earopa's news was regarded as unfavourable. NEW ORLEANS, Ocr. 21. Monetary affairs here are more gloomy; the money market is stringent ; cotton is drooping. EFFECT OF TIIF. INDIAN MUTINY IN GREECE AND THE lONIAN ISLANDS. (TROY AN OCCA6IONAL CORMIAPONDENT.) ATHENS, OCT. 23. The scenes of riotous sedition which took place at Corfu on the arrival of the first news of the Indian mutiny are still fresh in the memory of the public. There was an outcry against the British government ; there was a demand for an instant abolition of the Protectorate, and for an union of the lonian Islands with the kingdom of Greece. These feelings, so far from having decreased since then, seem on the con trary to have augmented in intensity. Exaggerated accounts of reverses of the British army in India have been circulated amongst the lonian people; for them the approaching downfall of English power has been confidently predicted, and the glorious day which is to witness the union of the entire Greek race, and the dieparition of the British flag from the Seven Islands, has been declared to be near at hand. Emissaries have been sent by the leaders of this agitation into Greece, and into every country where it was supposed that a revolt against British power would meet with sympathy and support. The agents of some of the Foreign Powers who are resident in Greece have given encourage ment to the movement, but that encouragement is exclusively confined to them. The Greek people have learned by bitter experience the evils which may result from setting themselves up in opposition to the Western Powers, and they have rejected this appeal to a fraternal coalition as the vicious and unprincipled scheme of corrupt and designing men. No thinking Greek believes in the sincerity of this my for a Union, even supposing such a thing to be possible, and there is no thinking Greek but is aware that the leaders of the movement are those who have the least faith in the principle they profess to advo cate. One of the great sources from which money poured into Greece in support of the insurrection in Epirus is now open to the lonians, and it is that money, and that alone, which moves the instigators of a revolt in the Seven Islands. Is it to be supposed that an lonian, with his pretensions to Venetian no bility, his European tastes and education, with all the social advantage, which see to be found in a prosperous country and under a stable and well organised government, would be ambitions of Deem& ing the subject of a bankrupt kingdom, with few resources, and of living under the rule of a government which preserves a strong leaven of orientalism in its forma and its notions ? The refined lonian would naturally aspire to govern, but he would meet with a fierce and ,jealous opposition from thenative Greek ; for the spirit which dictated the law for the Autochthones and the Heterochtones is an element in the national character. Things, however, have, of late, assumed so grave a character in the lonian Islands, that Lord Lyons has removed into the neighbourhood with his fleet. Let us now contrast the conduct of the Greek court and the Greek people with that of our protected fel low-subjects the lonians. By this day's mail KinF Otho sends to the Lord Mayor of London from his prieate purse 4001., for the nlief of the sufferers from the Indian mutiny, and he has, moreover, directed the following ordinance to be made public throughout the kingdom: The unheard-of misfortunes which have lately gales upon the Chrimians of Biltish India having come to our knowledge, sad observing also the general sympathy which these misfortune. have produced amongst the Inhabitants of the kingdom, who are moved not only by a spirit of philan thropy and Christian charity, but to by that feeling of profound gratitude which they entertain towards England for the noble aid she gave them during the war of independence, we, at the proposition of our Minister of the Interior, have (leaded that the bloroarche be ordered to open subscription lists throughout the country in favour of the victims of this barbarous mutiny, and after having collected the 11190"611i they will forward the rum to the aloe of the Home tint. i ri n tinister of tho Interior is elted with the execution and the publication of the present oefteitest. Athena, October, 1947. (Sigurd) 01110. i; i~ I 1