The Express. — London, England, 1851-10-16 00:00:00

I f/ - 1 , , ,, t , ••• - / .12"-g-4,..,,„__..,,,,.::._.., ...... . aiibt 44,_. tp rt LONDON, THURSDAY EVENING, OCTOBER 16, 1851. No. 1,605.1 [THREEPENCE. 'O'NEY.—£I, 4OO is ready to bo ADVANCED • kat rote of Interest, upon approved leasehold co No ratt.cr l ees tn t l g n . EgO i. Apply to CHARLES RAIL WA YS. LINZ@ LEASER AT FIXED RENTALS. Royston and Hitehin, 8; Ditto She/a eth Extension, 73. MR. HAYES, the old-estatliehed SURGEON: Desna and CUITER, late of May's-huildiap and Bedford r•-twasfal;y informs his lotion and the 'labile that ha boa coelraly ItE211 1 V1a ) to 12, MT. MARTIN'S-LASE, weere be may be donalled on all nem of dental anntery and &Sete - note. of too' h, at obey seakiralie abanyea. Mr. Barn ben to intimate that be has no s. aonarzlen with say earn ortetirdsg in the tame name, and rervo a maenad at 41. M. Matta's-lane. THIS DAY. Tw• o'Ctoex. The progress of the settlement has imparted a great increase of firmness to the share market, and, with the exception of only two or three lines, quotations are all marked higher. In Great "esterns and London and North-Westerns there is a decided rise, and the prices of Lancashire and Yorkshires, Midlands, South Easterns, York and North Midlands, and Benvieks exhibit a decided improvement. The extraordinarily high range of the traffic (as noticed under the head of money market) is not without its effect. On London and North Westerns, South Westerns, and Midlands, there is to-day a " continuation" of to !, on Docers of 3-32 to 1, and on Great Westerns of 7, to Great Northerns arc borrowers to 1-32 backwardation. SHAM AND smcxa UNGUARAhTEED. York and North iiiii . .7l:ll;;ig:'i;uroh., 81. MONEY MARKET. JBWELLERY. DODI), BROTHERS, 40, owtoun (lionionnonn Minh }smelters, aileermeltke, aaal nnoblino,on, ben is anon on Innattion ot :bolt eateooi.o ASSORT MENT of ET tiIIeteAMENTS. lleme • etaek of the eloicest make asi Nn de.Weas if doer, te=x•W•et., hoop earflap, ka. kebe Net inkbeedem.-41, nosing prices rale* to-dsy Up Yesterday. to t pm. Mosey 9 91 4 4 9 10 EA RLY '1 RE 111-ROWLANDS' ODONTO, of I'EAV.I. ItEIiITIFRICII, a white powder, eorepowaled of the snot meet nicherehf higrediests of the Oriental herbeL It 11111Matei i.nar Iron the teeth, /MOWS VOW at incipient decry, E,.1 preteens the menet, Impartial' the awn pore and pearl. ''cone, and non sweetens and perking to the breath. I. ..y dB weans endnated float the gunk sad a healthy MOM sal redrew. are iodated; so that the teeth (If Wee) are thus Illniered not la t ir he melo Its truly ellisiant sad tengrast ape. Meth ~rope bun obtained n. its Menden w tali Qom. the elm% Ye inyal Family of Great DAUM art the Sete and Onmtuni st Europe. Prim fa. M. per Ma—Caution. The 5i)2,4r....•:•'04.0e.c.." are on the bed easel an emit haw.— * A. It"*1 MOO Ina AMIS.^ Eirtlanounlen. nono:t ; -VA eh mars and peddler's. ..--- SUCCESS at the EXHIBITION. PRIZE u4 an haneerabbe illetinettes bee just been conferred ma feu, bet mere 'ratable. sad permaneett bushman beaten are de 'pp le yea, threvEli a peeper erten' et inscribing your many =amustier*. Sie, theengheet the per el the United Kier- r asy weer therein M. 4'. mistiir.l.L. Amber of the NEWSPAPER PREsi INNEErt IRV (Third Weir sow mei) + mod reepeetrully offers hie I' the JVDIOIOOII distribution of see announcements fen et ntelesee of seen Una TWENIT TY. tits in erte. 110.111111 *llk the Londe. rA Preelnalel ?r —Omni &decreeing Obi Nee.tonie Prue Denten. Oda, ited Liebenert, reetetreet. 148 W NOVEL. lust verily, Is 3 mt.., post Am, FLOIMCE SACKVILLE; or, Stlf-Dependenoc. si Rm. lk But IT. yam..: Dam and Co., 63, Cambia. MIL HUME, M.P., ON TAXATION AND PARLIAMENTARY REFORM. The adjourned meeting of the Merchant Company, the ChllDe.f of Commerce, and others, to hear Mr. Hume, Kr., on taxation and parliamentary reform, was held ou Moeda' forewent, In the Merchant.' Nall, which, at the beginiong of the proceedings, was not more that half filled, and 11.611 never at any time crowded. Mr. Hume (who arrived in li'linburgle on Saturday evening) was loudly envie el ... he enter, il the hall, accompanied by Mr. James 'Wilson, Mr. J. F. Maefarlan, Mr. Duncan M'Laren, Mr. J. 11. Stott, Mr. John Johnstone, Mr. W. Cowan, Mr. It. Walker, Mr. It. M. Graham, and several other mem bers of the Merchant Company. anal Chamber of Commerce. On the motion of Mr. J. I'. Macfarlan, Mr. I% ttaosr, Master et the Me rchaut Company, was called to the chair. The 1'11.% I ItMAN, in order to explain the 'mottoes' of the att. lidanee, stated that this was not, and never was in tended to 1.., considered as a meeting of the citizens of Lilinhurgh, but it was .imply convened in consequence of a letter town Mr. Hume, addressed to Mr. Maefarlan, re questing a conference with the ('hamber of Commerce, with the view of ascertaining the sentiments of the community with reference first, to the income and property tix ; and second, what amount of parliamen tary iret.writ was likely to be satisfactory. Ile then Mat. il, in r , gard to the income tax, that the Chamber of Goren , an, and the Merchant (7umpany hail, in lack, sent a nu mor,Al to the Lords of the 'rn•Asuey, representing that they raw,-,d,-rid that tax to be essentially a war tax, which should es ese anal determine as soon as the exigencies which call. el toy its imposition had passed away. The question was, whether the community of Edinburgh still entertained the .anie setatiments. Mr. II I'ME then rove to adder vs the meeting, and was received with baud cheering. Ile said he was anxiety, SO tusve the opinion of the meeting on the inencno-tax, Mhe knew that the Merchant Company and the Cham ber of Commerce had agreed to a resolution some time• a:so, expressing a very decided opinion on the Subject. Ile was anxious to have this opinion, because be atonal almost alone in the House of Commons in es rani to the views which he held on the subject of taxa ties. What he had done on the attempt to renew the tax last year, hr had attempted in 1642. When Sir Robert Pad first Introduced the bill, he (Mr. Ilume) stated to him that it was both unjust and inquisitorial—that it was contrary to the rules which had directed the levy ing of that tax in 1002, 1693, and 1691, when the first projarty•tax was introduced into England, in the reign of William and Mary. Then the principle bud down was that wily property realised was subject to the tax. At that time no less than Is. per pound was levied on income arising from property — rind on incomes :arising from pr.ah ne ssio—what he called variable incomes—a tax way also levied, not on the amount of the income, but the amount of the income wall capitalised, and the amount of interest Arising from that capital was then taxed the same as proper'''. (Hear, hear.) Thus variable or professional humor , were placed on the same footing as certain incomes arisine irons property. lie (Mr. Hume) pointed this out to Sir Itotert that, when he stated that he only intended the prep its tan of 1841 as a margin to enable him to carry out the reforms lie intended in the way of tree trade, and he thought it would lie better ,just to take up the tax as it had bees bid down in 18111, and make as little alteration on it as pos.ihie, considering that it was only a temporary mea sure. Ile (Mr. Hume) thought, therefore, that it would be Very ungenerous in him to attempt anything which would prevent the honourable baronet from carrying out these measures of free trade to which he had become a convert, and which he (Mr. Hume) had advocated all his life. Ile was, therefore, restrained from proposing its reconsideration in rill and Hers; but in the late session he divided the house tin the very same question, and his motion was carried. The motion carried was, that the property tax should be con tinued for one year, with the view of affording time to re via• the whole system of taxation ; because to take up one tax separately was not for a country like this, levying 65,00,1f00r, a-year of taxation. They ought to act on such principles in this question as they considered souud and just, for too long had their legislation been only for a class— at am- time for the benefit of the landed interest—at another the manufacturing—at another the shipping—all pulling against one another, and never considering that their interests were identical. (Cheers.) These few observations would ex plain to them why he had taken the course he had adopted. As be lett London extremely unwell, he did not intend to have airy public meetings, except with his own constituents ; lad, the refore, the present one was to be considered as having been wholly occasioned by Mr. Macfarlane zeal to ascertain for him (Mr. Hume) their opinion with regard to the syste it of taxation, .and the other great and important point—the reform of parliament. It appeared to him that there was a great mistake with many clear-headed men on this eubjeet. As a radical reformer, be was one who always seashell to amend and not to destroy. It was a great mis take to confound the radical reformers with those violent and wild men who did not know what was wanted. Our proposition hail always been to amend the existing constitu tion—to overturn nothing which was within the letter of She constitutiou—to get for the people the utmost amount Of power comistent with the principles of that constitution .--to have the House of Commons a representative assembly, as it veil only at present Was not—and to obtain the best go vernment for the people which could be got. These were the °hints which he and the other reformers who acted with I him had ail along had, and it was on these points that this Itctrieolis had now to speak out. There seemed to him to , lit a gr i a t wan t o f mora l confidence abroad—people dis- teemed their own opinions—they were much divided in' math r. of opinion and interest—they would not unite Loge they. The llouse of Commons should represent every clue of awn, whatever their interests and opinions ; and the eon- ailiatlol. must he varied according to the changes going or in the country in the lapse of time. When their coasting. bon was tinned, the landed interest was the predominant! interest -A commanded everything; since then the popula- ; tioa hal (lunged. We have become now a manufacturing Country. That was now the largest interest. And how did , kr show that ? Because., whilst the number of individuals' employed in this country on the land had stood stationary for the la-t twenty or thirty years, they would find that all the tare, increase in the population had been in the core. ~ menialand manufacturing interests. The constitution, : therefor-, to answer the purpose of good government, must be made to protect equally all interests. lie , I'm one who regretted exceedingly that the cons- 1 interest was so oppreseed by the agricultural in- West; and he was equally ready to say that be would , tegret if the agricultural interest were to be oppressed 1:01 the great commercial interest. To use rather a homely' igastretieu —there was not a man among them—a menu tietaret —who did not wish to improve his machinery to ..the Itrestt st e x t en t. Every man of whatever clase—whe mj_kr was in the cotton, linen, iron, or any other trade ii;; ; "g r 'd object was to have the best machine and tools 1:orli with. Apply that to the House of Commons. Homed COMMON was the timing machine of this X l 7' —the machine for making laws and for carrying j: "I i sad why should they not, on the same pr in. !. tbdemenr to make that machine the best possible ?L I !. enzymes, as they did all other machines? (Cheers.) '.., an illustration which anybod might under --"a . tad that was the opinion he hel d. The reform x t1. ,., 'lease of COIIIIIIOOI lay at th o e bottom of all other a n t anits. Unless this was btained, they mialst al t , d '' bt .'" say improvement in the laws, or in a. ~4 " 4 6t rltice of the laws ; end he was sure that a i t i 4 . ' r t e f the country wanted improvement in the y..., mration of the laws more than Scotland. (Hear, .; le etel7 ow of their civil courts they had all the abuses of the Court of Chancery in England. Unless, to the number of representatives, and we must make the therefore, they bad the House of Commons so constituted whole assembly a working assembly, to attend to the wants as to reflect the wants, wishes, and opinions of the great and wishes of the nation, and to reflect the wisdom of mass of the community at large, they could never expect the country at large, which I hope and trust it will be that their legislation would be suited to their requirements. fore long. (Hear, hear.) I am sorry there has been no It was with that view he had taken his position as a refer- popular movement lately on the subject, for Lord John Roa mer. Such opinions he had first enunciated in Edinburgh sell will be anxious to know the opinions of considerate and in 1825—he had lived to see many of them carried, and if sensible men of all classes; and I think Edinburgh ought he lived a little longer he hoped to we more. (Cheers.) He to set the example to Scotland, and state its opinions ea • saw that his friend, John I'otter, of Manchester, said that, these subjects to government. With regard to taxation, it though educated a radical, he had changed his opinions, and is important I should explain why, on my motion, the was not disposed to pull down. He told John Potter that radicals united with the protectionists in coming to his father never had such opinions. Ile defied John l'otter the decision that the income tax should only be Me` to show that the radicals ever wished to pull down tinned for one year longer. My object was to have • that which was good—they only wished to remove that revision of taxation generally, and I have no hesitation in which was altogether uselese or unfitted for the pur- teeing that the system by which about 55 millions an ' poses for which it was intended, so as to improve their raised to meet the national expenditure—no trifling amount existing institutions. After all the study he had been to bo levied from the industry of the country—ought to able to give it, he considered the English constitution undergo a thorough revision, especially in regard to the to be the best in any part of the world, and, therefore, branches of customs and excise. The time hex come when he was not the person likely to destroy it • but, seeing we ought to carry out the principle of tree trade, by re the defects of their institutions, he wanted to see all moving the indirect taxes, and abolishing the excise and the abuses removed, and every part made to work bar- every interference with the manufacturer on the part of monionsly. (Hear, hear.) It was of no use hiving a public officer', thus leaving capital, ingenuity, and industry I House of Commons if it could not perform the func- to produce the best articles in the best manner. In . thous of a House of Commons. Now, he was prepared order to do so we must remove every tax which, like ESIII,IITe. to show that at this moment the House of Commons did the taxes on paper, hops, soap, &c., impedes the im not represent the feelings of the community at large. provemere, las well as the employment, of the article, Our constitution was a representative constitution— and which adds to the expense of its production double it was by their best authors denominated a common- the amount which it brings to the public exchequer. All wealth, composed of all the people paying taxes. To these tuxes are based on the principle of indirect taxa give an illustration : In Edinburgh they had an an- tion, and ought now, in the present stato of the country, anal election and appointed magistrates; if they did to be removed. You ought to come to realised pro not behave well, the people turned them off, and took perty as the means of providing an amount that will is. so • C 1 1 .8,10,11112 ears to select fit and proper men to carry out their enable you to get rid of there indirect taxes. There are " ' '' n views ; and he said that in the same manner they ought various modes suggested of taxing property. Some think, 11 to have a house so constituted as to represent fully and however, that a tax on servants is a tax paid by gentlemen, fairly the views and feelings of the people at large. What but it is rather a tax that weighs fourfold on the persons 18 ha wanted was, as an enemy of all monopolies, the remo. who might be employed. 'I he same might be said of the et. mil of the monopoly of political power. Ile had seen carriage tax, and, in short, every tax on the means of making 26 most of these monopolies dead and buried, and he hoped money is an impediment to the industry, the energy, and se tosce the monopoly of political power, which was the last the prosperay of the country. It is with that view, I a s yet moot important, buried with the rest—at least, it would think, that we should endeavour to obtain such an amount s; not be his fault if it was not. (" Hear," and a laugh.) from realised property—and which, being directly levied, 15 But in the House of Commons, as at present constituted, is raised at less trouble and expense, and attended with they had no power. It was to the people that they must none of them inconveniences incidental to indirect taea- tts look, and unless the country at large come forward and titan—as would enable us to do away with these taxes. 1 i s " gave their representatives their support it was impossible am anxious—whether the House of Commons will go along is; fur them to carry any reform. And it was on this account with me or not 1 cannot tell—to see the principle of taxing 124 that he wished to ace the franchise extended. lie oh - realised property considerably extended. At the pre- to served from the newspapers that Mr. Wiham, at the sent moment evasion takes place to an extent that is et. meeting on Saturday, said that there was a great differ- scarcely credible with regard to the income-tax ; anti r e ence of opinion as to the extent of reform which should the omission of all incomes wider 1501. leads to im- 46/ be granted. Now he (Mr. liume) wondered at that dif- mense delay and inconvenience in the collection of the tax. s t . Terence—he never had any difficulty in making up The evidence already taken before the parliamentary com- AS his mind about it. Ho did not want to give mitten shows this in the strongest light. Then the question $ the suffrage to any man as a been or favour, but is, to what extent ought the tax to proceed ? My own * as a right. (Hear, hear.) He wanted to bring within the opinion is that three per cent., which is the amount of r ~, pale of the constitution as many as poosible, so that they the present tax, it levied on all realised property, will a . may be able to support and defend that constitution when give you all the money you want ; and if you have not gr a it was threatened. He wanted to extend the suffrage, a a had any experience of a property tux of this kind, let us IS right due not only to the 850,000 voters at present in its look to other countries, and adopt whatever is good in the IR enjoyment, but to the seven minions of men paying taxes, system of taxation pursued there. I examined two Anse- l e t and contributing by their labour, ingenuity, and skill, to mans in the committee and they are not a people 33 support the country. And what difficulty could any man likely to submit themselves to inquisitorial, troublesome to I have on the subject, if he pretended to be • reformer, rules connected with taxation, yet there all the si and if he was a just man, he would say, "Do unto taxes of' every burgh or county are levied directly on Si. other as you would they should do unto you." The realised property and on personal property. They tax uo fi t 1 possessor of 10,0001. *leer had a right to vote, but the lawyer, no engineer, no man who earns his money by r i a man with only 101. a-year had more need of it than him, his talents and ability ; and ou one of these Americans ea for the former could protect himself; but the poor man being asked, " What ! would you allow a man to earn on could not. (" Hear, hear," and cheers.) This was the prin. 1,500(. a year, and not make him contribute to the IS ciple which he wished to carry out ; and he wanted to have taxes of the country ?" his answer was:—" Suppose two la some intelligent mode by which the franchise should men, A and 11, to have realised property of the value of a , be extended. There were at present. he believed, about 5001. a year each, and ono of them is a man of superior 17 . , eighty-nine different modes of qualification, attended Lamas, who is able to earn by his industry and by the ap- 20 with all the delay and inconvenience which so pecu- plication of these talent, 1,5001., and the other with the at. liarly characterised tile present system. lie wanted one same means has only 500/., would it be jurt and right to 1 0 simple intelligent principle which should pervade the whole tax the talent, ingenuity, and energies of the one man pro- 16 country, and put an end to all difficulties about registra- portionally with the other, who never troubled himself to I ; titan, by rendering it the duty of one individual to have the exercise the abilities he might possess." Further, the wit- ea names of every man entitled to vote enrolled without any neer remarked, "if a man earned 1,5001., and only spent ss trouble or restriction. Thus they would see there was no 5001., they catched the I,ooo'. the next year by the tax as 13 difficulty at all in this matter. Last year the principle of property.'• It is only by following some such principles, 1311 taxation and representation going together had been recog- end by observing what is going on in other countries, that a lt. se rad by the House of Commons. the absurd and mon- we will ever obtain a just, correct, and equitable system y 4. strous system formerly existing in Ireland was swept away of taxation. At the meeting here on Saturday, I under- ` by an actor last session, and a very simple mode adopted. stand there was some) notice taken of the probate and 134 Ihe taxation most gene ral in Ireland was supposed to be legacy duty. There can be no doubt whatever that at the pour rate; anti the act required and ordained that that is an unjust and obnoxious tax. I have, on seven la assessedmanassessed for poor rate to the extent of 8!. in different years, attempted to obtain a remission of it, but ; and 121. in counties was enrolled de facto, and be- as yet without success. That tax on personal property is at. OM entitled to vote. There was a simple—there was an nearly as much as the landed interest are required to pay 30 BMalligent mode. It bad been adopted in Ireland, so far altogether. The landed interest of this country at this mo- 20 as the enrolment had gone, and he had been informed by ment have not to pay . 5 per cent. of the whole taxes, and 13 Wend Irish members, ist it was found to work well ; out of every 1001. raised by taxes fur the last 60 years the 12 old he was sure that if it was found to answer in Ire- landed interest has not paid 6 per cent. of it. There is an yo had, it should answer in England end Scotland—for evident wish on the part of many to compromise the quer- a o of all countries difficult to manage, certainly Ireland was tion of the income tax by reducing it to something like half 20 attended with the greatest difficulty. (A laugh.) We see, its present amount, but my desire is to have real property M. therefore, in Ireland the principle on which I would wish assessed, anti to place a sufficient burden upon real property 22 25 1 Ire have parliamentary reform established—the suffrage to enable me to carry out the principles of free trade by re- ~ Ching given to the payers of the poor-rate. You have also moving the indirect taxes that fall so heavy on the COMMU- ''" got a poor-rate in Scotland, and, I admit, much against my laity, and lam satisfied that the difference to the individual will, I think it it a tax likely to be injurious, unless some who pays the direct tax will be amply made up by reduced 60 better checks arc put upon it than at present exist; and I expenditure on the articles that have been relieved of duty. , a , I did everything in my power to prevent the system being in- We thus come to Adam Smith's principle of taxation—to " 4 troduced here. But, however, you have got a poor-rate in take as little from the pockets of the people as possible, and Scotland, in England, and in Ireland. Now, what pre- let nothing be lost between their pockets and the Ex- 304 vents the same law being introduced into England as has chequer. Expense must, to a certain extent, be incurred been passed with regard to Ireland—that every person as- in levying the taxes, but it you pay 10 per cent. 1 messed for the poor-rate should possess the suffrage, though on any article, the manufacturer must have his profit from the amount to which he is assessed may be limited. I the retailer, and the retailer must have his profit off the se think that Si. is too high a minimum, and it may probably double payment lie has made, and the consequence is, that be practicable in England and Scotland to fix the minimum the payment by the consumer is twice as much as the tax Hi at 4!. or 51., for virtually you do not call on houses laid on by the government. I say, therefore, it is of great of about 31. annual rent to pay the poor-rate. But importance to have the House of Commons constructed into 5 ° let your limit be whatever you please, I would the best taxing machine. Let us have the whole system of ie gather have an 81. limit, presided that is a uni- taxation revised, so that we may have the most odious of farm rule, than the anomaly, expense, delay, and in- the taxes removed, and tho remaining taxes levied with the .3 seavenienco of the present system. I therefore say to those least expense and trouble to industry. (Applause.) In who have any di ffi culty in forming their opinion with re- answer to a written question handed him, as to whether 2 0 Bard to what should be the extent of reform—Give the sua any man in debt beyond his means should have a vote, Mr. n, trsge to every man as a right as long as it can bo given with Hume said :—Whoever has any claim against any man, let ; 4 safety to other parties—for it is right that he should not him look after it. That iv not the business of the public. lag exercise it to the injury of his neighbours. Every man's (Laughter.) We must take the man's ostensible position, acts may be free provided they do not interfere with his and let him have a vote in respect of his own house as long 10 neighbour's, and let the same rule be applied in this case, as nobody takes it from him. (Mr. Hume sat down amidst 20 and there will be no difficulty. The plan is a very simple loud cheering.) 50 one if you adopt a uniform mode of paying the local taxes. The CHAIRMAN then said that it was not Mr. Ilume's Why should you not merge all the local taxes into a uni- wish to tie up the meeting by any resolutions ; but if 20 form municipal rate in all burghs that elect a provost, ma- any gentleman had his opinion+ matured on the subjects 23 &trines, and town council ? Then, I know no reason just brought under notice they would be glad to hear him. why you should not adopt the system of household sof- Mr. J. F. MACFAHLAN then shortly addressed the 121 huge. This was what 1 proposed twenty years ago, and I meeting. He said he would be very sorry if this meeting am in hopes—though it may not be carried to the extent I came to no practical result; but he attributed the recent ei wish—that something of the kind will be proposed hanging back on the subjects of taxation and parliamentary now. There are many who are afraid of letting in the reform to the desire to know first whether the character of ta masses of the people; I never had that fear. (Hear, the measures to be submitted to parliament were likely to It bear.) L am one of those who, from my earliest connexion, be satisfactory. He then expressed regret that Scotland " ~ as a political man, with the people, have had reason had lost in the reign of William 111. those forty-shilling to applaud and approve of the conduct of the working men freeholds which existed in England ; anti adverted to the 'of the country. I will go further, and say that, for the expediency of disfranchising as burghs the burghs of first twelve years of my continuous political life, I owed my Schedule 11, several of which were foul spots in the repre position in the house to the trades of the burghs I representation of the country. lie next stated that he was in seated. I never owed that position to the aristocracy. The favour of shortening the duration of parliament to five er aristocracy have opposed me from first to last, and, in three years; that he was of opinion. with Mr. Hume, that, Aberdeen, Montrose, Arbroath, and Breehin, were always as far as practicable and prudent, every one called on to =reform. 1, therefore, have a right to place con- pay taxes should have a vote, and that he was sure that the in the mass of the people, whom I have ever found working-men of this country would exercise the franchise OD ready sod so zealous to support me. There are many in as careful, prudent, and proper a manner as any other here who do not know how party spirit ran in those days . class of electors could do. He also expressed concurrence Things go on as smooth as oil now compared to farmer in Mr. liume's remarks on the income-tax, and on taxation limo'. (Laughter.) I, therefore, give the greater generally. radii to those awn who stood to principle, and acted Mr. HUME again rose and said he had been told that he omprieciple, scrod as they were by the heads gene- had not made his made proposition about the 81. rate in rally of the tammenalty to a greater extent than many Ireland very clear. The bill, when brought in by Revere d you_ world suppose at the present moment. But I meet, proposed an 81. minimum for both burghs and coon s lassiers die to my that every appeal we have made ties. He (Mr. Hume) proposed • 51. rate, and unsuccess to the gest haling of the working clesses of this fully divided the house on the subject. The bill passed and toantry has met with a most satisfactory resulL went up to the House of Lords, where the minimum rate There is not • public place in England that has been was made 121. for counties. The act was still sound in pride fit opened to thee—Hampton-park, the British Museum, and ciple, as being based on taxation, though it was unequal and se We last important trial, the Great Exhibition, in which any unjust in so far as it excluded a large portion of those 21 class of society lave behaved better than the working men who were rated. The local rater, he thought, should to of all kinds. (Applause.) With these examples before us, all be levied as one fund, and the suffrage based upon living : and with what I hope is becoming more and more general, taxation and residence, for he was averse to giving sa 'the spread of information by education amon g . the cont. votes to parties in different districts of the s t , =unity, what can there be to fear by the extension of the country. Ile thought they should have a registered suf. is suffrage 1 (Hear, hear,) I have a plan that every house- frage, every rate-payer being enrolled without his taking hoiden and lodger who is rated for the poor, and has occu- any trouble whatever, so that he had only to come to exec- 3 Ohl slaws for twelve months—l say twelve months, be- else his right when the period arrived. He was, moreover, ie ewes Ide not wish every idle vagrant and vagabond to be of opinion that no man should have more than one vote, asmetisd, and because it is a pretty good indication that the and that he should only vote for one man. In 1830 he had 2i has kept his employment for that period—has a proposed that the total representatives in the House of 17 =1:101 t participate in the election of a representative. If Commons should be reduced to 300, and that no town or ~ pus see to give an opinion as to what extent of district should have two representatives. Under the pre- la ii, sawsii go be given, you ought to come forward and sent system compromises sometimes took place between "''- • 114 1 sat quite sure that Lord John Russell parties—he disliked all compromises—and they elected a FOREIGN RAILWAYS. is iths aof maig with the wishes of the commu- black man and a white man, who so nullified the votes of is 20 as Bailors and Maims_ ... 10 I tin riff the widest far as he can. (Hear, hear.) ono another, that the place was actually not represented at 20 20 'Cent?. France ;Hems; 1031 l 6 lielnk ha has hitherto kept back hoot a belief that there I all. In point of fact, the two representatives of Edinburgh 20 8 'patch ithenish . ... a M aOa Mean op • power against the extension of the suffrage. often nullified one another, and Edinburgh had thus uo is tg :5.... 1.4. ~. ... .. 2 cm ' 1 t opposition is dying away; but still it voice at all. Only one man ought to represent • district, 3 34 1 Do. fiat renbseala.. Do. Is sr that you should consider those matters, and thus every one would be elected by a majority, and the IO a ,Laxceatourg ... ... - " ad Smear government with your opinion. It was with mind of the majority of the nation would be fairly repro- 20 10 1 Do, ... ... ... :: If the view of asking whether any such meeting is likely to seated in parliament. 334 9710faria Antonia... ... .. 8 2 d take place in Edinburgh with regard to the extension of I Mr. MACFARLAN then proposed a vote of thanks to aa tO 1 .„ 15 1l . DO. do. , ; 21 ew •-•- II the suffrage, that I wished to have a conference with the Mr. Hume, which was tendered amidst loud cheers, and " " ' rnmurarkt "nl e ••• a 72 6f mercantile bodies of Edinburgh. 'lien lam sure that briefly acknowledged. 10 1 16 Welborn of Franco . ... I. I i 1.4 10 9 Odom sod hordeaux ... 4f cla a moment's reflection must convince every one that Mr. STOTT then said he hoped the meeting would not re 20 Pars awl (Means ... .., 3 se the voter must be protected. There is not a club terminate without a practical result, and he would suggest to Ito Pula tad Kowa ... .. 2 212 in London which does Dot use the ballot-box, to that a committee be appointed to correspond with the mem- 13 'l7 ,Purls and straabotwg .. 6( Ms 104 protect one against another ; and if they adopt ben for the city, and ask whether they had any intention 10 2 ' ) ... m aim" " 4 , 11 1 . ",...••• —„„ 1 11; that system is those aristocratic clubs, why should shortly to convene their constituency. If their reply was in re he """" ea e — je a l tee . a - „.."' .;* i :I et a they not extend the same privilege of voting by the negative, the committee might address a requisition to k. 51 regimen:Nes I I ... ... .. ballot to the electors? The voting by ballot I the Lord Provost to call a public meeting to pass resolu have ever considered essential to the representative lions on the subject of taxation and representation. system. And nobody will deny that the duration of Mr. T. RUSSELL seconded the motion. He thought, The follol t gre iNtwr ih m is day's kas sales sANs for Toc t he account I ra parliaments ought to be very much shortened. But one however, that the onus of convening the meeting should not Aberdeen, 91; East Lane. 141 ; Gt. North. Hairs. B, 6 of the very first reforms that ought to take place, even rest with the city members, but that the committee should p ee cn t , I2 ++ O• Western , 8112 ; Lan. and York., 661 I ; before this, is the abolition of those rotten boroughs that call it, and request the honourable members to attend. Und e oci ' and Blackwell, 81; , Brighton, and South exist at the present moment. Some of you may recta- The propene' was agreed to, and a largo committee wee Coast, 941; London and North-Western, 1151 ; London and legit the burghs classified in schedules A and B. There appointed, with instructions to take steps . fur holding a South Western, 83; Midland, 481 1; N. Staffordshire, 94 ; is not one of those burghs in schedule B ought to be now public meeting on an early day. The meeting then sops, South Eastern, 19 1 • York Newcastle, and Berwick, 18i upon the roll, for we must equalise the number of electors rated. i ; York and North ilidland, 191. R. Pd. 10 Si Amber', Notang.. Banta and hunt Junction 1811 11114irnt.Wolv. &Stour Vann II 26 ttirkenhead,tarcnehire,k Mee. Jun..1:41 131.6c5d. 100 SARA asit Uri ... Igatlatttais... tI lij I/ IS SS SI as lt l II Ili 1118 Adirk•(1235L71714. sad LA . IS Da. vie . 20 Crises Counties 91 Easton Users, Chas A (kW 11. U. Me.) - - *3 Dmitri fl mid &lite. 13 eat Leassabire 6, Do. New shares 30 Past k West India Dock and Bins. lunation 50 Edit.bursh and Waren, 11 Vslinbursh, Perth, (hinder 23 great Northern ... 11 4 Do. shares,A,Derenen 12, Do. 4 Ahme N perC 00 Oklionth. and West. tam) 100 Great Western 17 Do. £17.. " 50 Litneaater and Oriole 11( Do. Third. 100 Lauer/tire 2l Do. »hare.. 13 Do. Fifths . . Do. West Ridl4l.7nlot 30 Leeds Northern 111 London and Slitaftwell 100 Lon., &S. Canal 100 Landon St North-Weatert. 12 Do. do., **haws 12 Do. Fifths 1 Do. ClO sh.,9s.seti B.(C, 100 London & South-Western i 424 Do., 34 Ds.. .810 ,1 34 Manth„Bus.,and Slake& .100 tanch„Sher,34Llneolreh: 44 Po. Man.& Lincl. Union .100 Midland . 11 33 Do. d3O shares 100 Diem. and Derby 1 474 Mull:m.lth ete Ilestern(l) 13 Newmarket . . 8 Newport, Abertivenny, end Hereford— ... ,100 Nortok 13 Do. New Al._ 34 Northern Counties Union 4 41 44 71 141 31 - - - .4 ioy dig ti :l t 127 " 113 li4; 21 pm 2 2j „ 13 U 83 - 6 6 - duo 7 4 Gi 2, 26 27 31 dls 47 22 1 461 23 23 • 81 die 18 20 Is rils 3 21 dig 43 6 dts 1 ,91 13i 11l 13 14 9 611 7y 6 6i 4 42 64 4i die 14 14 7 6 11 11 2S Sor46ltritiah .. .. I 7 ilSortb Staff, troltbire.. Noah Devon I North It Smith Weet.June. SU 4htfurd, Wore., It %Volt,/ 25 teuttish Central 25 Scottimb Alultand IS Avow,. it Illroa., Car Do. Claw. 41ret • irTr11ry Cheetet g r o ut. W. Not.) 30 Do. Onweetry es Skropohlre Union •.., N South Devon 30 South No.t.t.rn 30 South Wa:er 13 rooth Yulk.h.kailverDu• •Urett,Roth.,NDoole,S.Dr. 13 Stirliug and Dunfernllor 161 Sarcktok and Ilertlepool.. 174 YboureollorrnDuckaktall 13 Yale of Math 20 Waterford awl Kilkenny_ 23 YorkNewcamtle&Derw.m. 2. Do. do. Kstowon9 9 Do.O.N.E.Yurchufte . 63 York and North Slolianto di. a,=st IS 14 lei Is: 27 2T 4 3 ells II 1 11 II 13 Ms _ 171 6 4116 3 3 „ 19 1 ..._ LINES LEASED AT FIXED RENTA 6 Berko & Hunts. EA. spm Ct. ('rase.' W Gt.vestent 304 BirmituthumMOztordJutut miladulypd.,orwitmum. =tee .to 284 294 304 Ditto without ago:mutes'. (leased to GreutWcuteca' 21 211 IS Bina., Ft'olv., uad Duiley, calwduiypci.,oru our: (Miami to CreutWetteru 10 pm 13 Ditto without accuurattml (lease to tirmiWettent; 7 9pa 174 iluskinichimAire Nemo& to London& N.Yaestecat" 174 174 50 'Clydesdale Junatioa (Waited to Calockutlitu 41 44 33 Esstliecolualt.pur 6p.41 1 (hued to Gt. Northam) 834 34 20 G'ousester 3c Demi Fumt, (leased to Gr., utweswa 14 21 pm 30 Elull&Selby(l.lork AN311, 1 100 102 15 Do. oihures (Aimo) I3O 51 124 Do. 4 Anus (ditto) aS 24 30 IlAedatt Bradford !Michas,. MI ILO 124 Leaks itnl tireenwitii 1 (leaped to South Eustmal 114 IS 20 'Ditto ''reference (MU/ 134 244 20 ILowestoft Guar.4perCest (lewd to Norilsk) 30 NorthernsEmtvrn petet domed to East-Counties 51 66 43 Ditto ditto New 0 pm PreatoakWyre Dem. Um. 13N.West.11t Lacce.StYork 11 Ditto iMmot (A• (dit.o) 10 bird., Guild., and MoMote Named to South Eco.ht 64 Royston and Hitchin (ism to Gnat Northecu 54 Do. Stispretta Emen.(i 04 South Stafforlottire tie to Mr. 31.Ctean 23 We YoW7i6p. 43 i 3 3 4 3 4 Pao 21i 21‘ I PI .1 pa 44 f dis 71( 27 84 I 10 ,Coledonlan Sltl 15 , 15 Meter awl flolyto ad .. al an Dundee, Perth, aid Aber deenl Junction ... EartAn6lmn(3/.t04)0.0. 131' 611(seteruCoutitIea Extenr., I I per Ct No. 1 61, (11 Ditto 10 • 10 Do. Now 6 per Cent. atoak" 10 I SO ,Eart.Unicia,Acripati.6p. 1 3 Edinburgh, Forth, and 1 Dundee. 31 per Gent —. 121 1 121 Great liortherns wren. , 11111 3 ,LlLatt s nWeetria(l)bl 6 itthe 11. ICI 'Grist Western (Wilts. Sreiarr‘et,&Weym.SUL) 4e I I ,LannealarenYorks FEP St. 100 LW II Or Cent. Stuck . SL laO Loudarytirsitht.,ht s.Cairat, PreLipertN.Stock.l63l, from pl. nharto, E. 100 ,(HttoNi w Guar. G per Ct. , Lodue.Stu Western Nee 3 I 3114a.ShettkLas. laa.Nol ' 10 ' Do. New SIO . 1 3 Do. 'lOO ,MidlautiCons.BL l kß. l 3p.Ci 20 ',Norfolk Extenocia 5 'North Brit Ph 6 °atm!, Woretster, an per GNU' SNARES. 64 61 IS 151 It dia 11 i iP Par Iwe lot 10 loi 11 14" .34 i Ins I 2 111 11 SI psa In. lit I 121 ? 2, 15_ 14 i ail 1 Ws Onartmtwl 10 Bbrew..& . .etietei;Nor.W Nino S per . Broth Devvrt 11 Yart.Newr.wiiglt Berw., _ OA-North 01 Mg.puroh. Unto 111 101 Ist 18 II 14 isi lei 3 4# 1 II AL I 1 Ditto 10 IYatkl The General Reversionary and Investment So ciety's shares are quoted 95; Equitable Reversionary, 108; • London Reversionary, 41 ; Reve rs i onar y Inte rest goeiety, 100!. Miscellaneous shares arc quoted as follows in the official list :—Assam Tea Company, 8 ; Australian Agricultural, 15 ; Australian Trust, 201 ; Anglo- Mexican Mint, 231 ; Canada Comenns, 47 1 •, lind-• son's Bay Stock, 206 • Prices Patent Candle Company, 221, 23 ; South Australian, 231 ; Van Diemen s Land, I. The latest quotations of exchange at foreign places on London are as follows : Previous Latest Quotations. Quotations. Augsburg, 1 mcnth 9ll. 55 H. :16 Antwerp Amsterdam Bahia 29 d. 29 d. Buenos Ayres Ilrumela Berlin 611.22 60.224 Frankfort Gibraltar Lisbon, 3 months 3ll 501 d. 5361. Milan, 3 months 29.10 29.40 Now Orleans Naples New York, 60 days llOl i 1101 Oporto Pernambuco 29 Me Jambe %sr 29d. 291 29, . Rome 490 St. Petersburg, 3 coons 37 13-161. 'Trieste Venice Vienna ENOLIBII IL. Itsak Stock. !us 121 3 per it Iteaiiml. ant 1 3 per et. Conr.kt. 94 1 34 Irtr el. COltriotP. 1 Coarvlsi for Amt.. 97 h 1 A 1011EIG! 41 tee et. &Alma, 936 5 4 1 7... ("1. 0,,, 11 . 71 6 1an, 6;,7 i par et 11.... Arm% 43 CO ..; per I't. l'hillan, 102 4 3 per 13. 4:11111-in, 614 31 3 per Ct. Ihnokh. 77 9 per 11. le, . A6l 9 4 i rot CL Putele, AO 1 Kg= bor. 3 4 1 pet CL Uruna,Li, 1415 Kb/simian 5 per 492 7 13-181. 15-18 118. 59 29.53 116. 52 1N.0'2 41/B.—Trill DAT. I Low A ...... Pier, St..ek. 2 , 0 2 lAtto 110n.1,1.PP1V., 54, 57.. Nzeboquer IS illr,lA/uut., 46..51% I FONDS. b par Ct. Mellen. 281 44 yrr Ct. Peruvian. rle 2 Pittn Deferrel, 41 2 5 per et. Portugue,,, eld 5 per (A. Itweien. 111 113 44 per CL ltuntau, lul 4 sp, Ct. A panih, Act. e. :01 3 per Ct. Sp 4 Pau:ro, Sj I 2 per lt. Veneruel.,, thr 31 I.ckrrol, 11.4114 Cent., .?. , 2 21 ad. LATEST FOREIGN EXCHANGES. PARIS BOUIDY.. Far I'AILIA Orr. IA Far I : Amount. llosay. ltpettlsgllllttberi Lamm. Ckring —, - 3 per Cer4A. ...—..... 33 SO I 53 30 53 35 33 la 53 30 S pee Ong, i per emts. . Il pet Coots ..- -...- Exchange= Loden sloht, 25 201 ;tO dirt. - 25 10. 9010,0, s, Into Money 244.0ir1, Rents Do. 3, 1311 Do. 41 .., Po. 91 ...... ; Tressury Hondo nettrooot 5 p.Ct... 79 5 1 Dank snares l'Ants, Ocr. 15.—VertaiHes (right bank), —; ditto (len banal, 213 73• Pita* and Inlcon., 8.53 75; Tune and liluen. • nonce and Havre, 210; :gamine. and Avignon, 214; Straall'unrig and Ktle, 146 23; Cantle, 4:1 23; &manna:, and Annenn, —; 101030. and Hardt...tux, 300 ; Nwthern, 431 75 ; and traslmurit, 348 75; Tutus and Yanteo, 2,56 K. (liy Electric Telegraph.) AMSTERDAM, OCT. 1 L—Fire per Cent. Mkt& Blues, 721. Two-and-a-Half per Cent. Belgians, —• FtreperCent.Ardoins, 14 3-16. Three perCents.,ln terior, 35 1-16. Rushian Four-and-a-11.a per Cents., —. Two-and-a-Half per Cent. Integrals, 571. Exchange on London, 11.90. ANTWERP, ter. 15.—Fire per Cent. Metalliques, 75 ; ditto Ardoins, 13Z. Three per Cent. Interior, 34; ; Rowan Four-and-a-Half per Cents., 991. Ex change on London, 25.29. Baustums, Ocr. 15.—Belgian Five per Cents., 99;1 ; ditto Four-and-a-Half per Cents., Mt ; ditto Two and-a-Half per Cents., 50. Exchange on Lon don, 25.29. VI EN N Ocr. 14.—Fice per Cent.Metalliques, 921. Exchange on London, 11.51; on Paris, 142. _ . HAMBURG, OCT. 14. —Three per Cents. Inte rior, 331. Four-and-a-Half per Cont. Russian, Exchange on London, 3 months, 13.3 ; at bight, 13.7. FRANKFORT, OCT. 14.—Five per Cent. Metalliques, 73;. Three per Cent. Interior, —. Exchange on London, 119,1. Ditto on Vienna, Mt:IAN, OCr. 14.--Voluntary Loan, 1031 ; Na tional Debt, 88 Exchange on London, 6.22;; Hamburg, 1304 ; Petersburg, 1032 ; Vienna, 84,1. COMMERCIAL AND MARKETS. MINCING LANE.-TIIIS DAY. SCOAlt.—Thin article continues in good demand, and the public sales of Porto Rico and lltivannali went elf freely ; the latter now shows an advance of Is. upon the late lowest point of the market. Relined lirm ; grocery lumps, low to tine, Its. to 495. . . Cor'rze.—This article continues to wear an upward ap pearance. Good ordinary native Ceylon has been in ac tive demand by private contract, and a large business dono at 41a to 425., chiefly at the latter price, which is an ad vance of ls. The public sale of 1,000 hags Costa Rica also went off with spirit at full prices, 4 ts. to 48s. TEA—The market continues dull. PIMENTO.-100 blip sold in public sale, at full prices, at 51d. to old. per lb. CUTiON.—The public sales went off heavily, and a con siderable portion was bought in ; the part sold showed a decline of id. per lb. Isuloo.—The sale is pregessing without any material alteration. ICH:E.—The demand continues very limited. In other articles no material alteration, but a better feel ing pervades markets generally. SMITHFIELD HAY MARKET. THIS DAY. Messrs. Cooper and Davis report trade at the following prices :—Prime Meadow Hay, 703. to 755. ; ii.feriur ditto, 553. to 653.; Itowen, 553. to 635.; Clover, 703. to 853. ; Straw, 235. to 275. TALLOW MARKET.-THIS The market is quiet, with quotations ruling as under : Town Tallow, 38s. nett cash; Petersburgh Y. C., on the spot, new, 38s. 3d. ; old, 375. fid. ; hist three months, 375. 3d. ; January and March, 38s. company. This week more than the average number of trans actions has offered in the market for bank shares, the dividend period exercising some influence. Union of London shares are better, and London and West minster have touched 30. Australasia shares, on the other hand, show a little reaction after the late ad vance. Other descriptions are fairly supported, as will be seen by the following list of the week's sales, viz.:—Australasia (10/. paid), 371 ; British North American pa paid), 45 ; London Joint Stock (10/. paid), 181 a; London and ' Westminster (20/. paid), 30, 291 • Oriental Bank Cor poration (25/. paid), 25 ; Union of Australia (251. paid), 351, 1, ; Union of London (10/. paid), 141, 151, 15. In dock shares there is no change, and not much movement. Commercial stock is quoted 84; East and West India, 1121, 112 ; London, 1141; St. Ka tharine, 79; Southampton, 17, 161,1. In steamboat shares not a great deal has been done, but the chief descriptions, Peninsular and Oriental, and Royal Mail Steam Shares, are both firm at higher rates. General Steam Navigation shares, on the contrary, are weaker. The prices noted are : General Steam Navigation, 27 ex div. ; Peninsular and Oriental, 66, 67, 671, 67 ; ditto New (10!. paid), 15, 1 ; Royal Mail Steam, 84. Insurance shares remain quiet, and the change in quotations is limited to a rise in Alliance Marine, and a slight decline in Equity and Law shares. The present quotations of the market are as follows :—Albion, 86; Alliance British and Foreign, 211; ditto, Marine, 421; Atlas, 161 ; British Commercial, 71 ; Church of Eng land, 21, 3 ; Clerical, Medical, and General Life, 25 ; County, 84 ; Crown, 15 ; Scottish; Equity and Law, 41 ; English and Law Life, 2l ; European Life, 111; General, 51 ; Globe, 133 ; Guardian, 631 ; Imperial Fire, 245 ; Im perial Life, 18; Indemnity Marine, 49; Law Fire, P AYMENT OF INLAND Lirrraaa.—On and from the 31 ; Law Life, 481; Legal and General Life, 4; ; Ist of November neat, all letters or packets posted at any London Fire, 19; London Ship 19; Marine, 151; provincial post-office for places within the United King ; Medical, Invalid, and General le, 21; Monarch, 1 aim, must either be pre-paid by stamps, or be sent unpaid. ex div. • National Loan Fund, 2.3, ; Pelican,3B; Phce , nix,lsB; Professional Life, 1, I; Provident Life, 30 ; P er en t r.B "l l t u urey.pret ;Parmz i t o fo Wand letter will no longer be week ending Oct. 12, 11151 :—P —Passengers, 2 ,3141 . ' 16s. Oil ran AL B HOLYRNAD RAILWAY —Traffic for parcels, b6l. Is. 11d. ; _goods, settle , e 6tc., WU 3a. ;; R2gl, ditto,lAfe, Life,6l ; Royal ulniExte-cahange, Kingdom,2l ; 4 ; Sun Nic ti ria re, , Life, 6, si. mails, 6751. Total, 3,6511. 2a. COALS.—LONDON, OCT. 15.—Cross or THI MAUKET. --Chester Main, 14s. Od. ; Ilasting's Hartley, 11s. Oa. Howard's West Hartley Netherton, 14s. 9d. ; Itedheugh retain, 12s. 3a.; Tanfield Moor, 13s. 9d. ; Tanfield Moor Butes, 13s. 6d.; West Wylam, 145.; Wylam, 155.; Walls End Braddyll, less. ; Walls End Camp, 16s. ; Walls End Hough Hall, 16s. ; Walls End Kelloe, 15s. 9d. ; Walls End Whitworth, 14s. 6€l. ; Walls Eud Adelaide Tees, 16s. 6a. ; Walls End Tees, 17s. ; Derwentwater Hartley, 14s. Od. ; Hartley, 14s. ; Nixon's Merthyr and Cardiff, 10s. Ga.—Ships at market, 149; odd, 61. LOCAL NHARE MARKETS. Ltvrarnox, OCT. 15.—Our share market opened dull this morning, and a large quantity of stock was offering ; but toward, the close business improved a little, the market rallied, but it is fur from strong.—Caledonian, 114—Fast Lancashire, 111—Great Western, 81—Laneashi , e and York shire, 514 1 4—Ditto (fifth shares), 81 d.—London and North Western, 11l 131—Ditto (New Quarter Shares), 21 I p.—Ditto (fifth shares), 2 p.—Manchester, Sheffield, and Lincoln (preference shares), 11 4 —Midland , 474—Ditto (half shares, undivided), 181 1 d.—South Eastern and Dover, 184 I—Dutch Rhenish, 5 . MANCHESTER, Oct. 15.—There was an improvement of Leeds Stock, which was sold at 55 to 4 ; but Loudon and North Western was done at 115 and 11.51. Other stocks without change. Buisroc, Ocr. 15.—The market was very flat, and but little business done. Bristol and Exeter closed at 791 ; Great Westerns at 81 to 814. BIHRINGUAR, OCT. 15.—This market was languid to day. Birmingham and Stour Valleys were quoted at 91, i ; and Midlands at 481. Lucia', Ocr. Is.—The fall in the leading stocks yester dayy has had considerable effect in checking operations on 'change this morning, and caused buyers to hold back. The sales this morning have been confined to Midlands, which have been done at 484 and at 481, closing at the latter. 10nic, Oct. 15.—North British, 5t ; York, Newcastle. and Berwick, 18; York end North Midland, 19. THIS DAY. Two o'Ctoca. Notwithstanding the intelligence of a rather marked fall in the French funds yesterday, the English stock market, under the combined influence of public and private investment, has been character ised by much firmness, and prices have attained an advance of 1 per cent. on the last rates of yesterday's market. Speculative operations for a rise have also to 1:e noted, the aspect of our home affairs being con sidered highly encouraging ; but the movement is only partial, as speculators aro deterrred by the aspect of French politics. Consols opened firm at 964 to 97, being the closing quotation of yesterday, and have gradually crept up to 974 to c both for cash and the 12th November. The official list reports the business figures of the day as follows : Three per Cent. Consols, 97, 964, 974-; ditto for account, 97, 971 ; Three per Cent. Reduced, 964, ; Now Three-and-a-Quarter per Cent., 97, ; Long Annuities, 1860, 6 13-16; ditto 30 years, 1860, ; Bank Stock, 2121, 2111; South Sea Stock, 108 The upward movement of the unfunded securities continues. Exchequer Bills opened 48s. to 31s. peem., and have since been purchased at 523. prem., being . a rise of ls. India Bonds rule at 31s. to 375. premium. The foreign stock market does not participate in the improved feeling of the other departments of the "house." Business isexceedingly limited and entirely restricted to the settlement of the account, and where any change in prices is to be noted, it is in an unfavourable direction. Sardinian Scrip and Mexican Bonds are both flat. A few sales of old Brazilian Bonds offered at the commencement of business, but the market is now steadier. The bar gains of the morning comprise the following : Bra zilian old Five per Cents., 86, 87 ; Dutch Four per Cent. Certificates, 001. Mexican Bonds, 261. Sar dinian Scrip, 3 die. Spanish Active Five per Cents., 20, A meeting of' the Spanish bondholders is con vened by the committee, at rather short notice, fur Monday next, the 20th, at the London Tavern, " to take into consideration the mode of the conversion of the bonds and coupons into the New Deferred I Three per Cent. stock, the Spanish commissioner having arrived for the purpose of carrying it out, and to authorise the committee, fur reasons then to be assigned, to intervene in the conversion." The Dutch committee, it is fur ther stated, intend issuing a certificate, signed by their authority, for the half of the coupon not funded, which will be a claim upon the Spanish government, and the principal object of this meeting is to con sider the expediency of making a similar arrange ment for the English bondholders. It is to be hoped that the exertions of Mr. Oliveira at Madrid will nut be paralysed by any steps taken at this meeting. As we anticipated, the railway traffic returns for the last week, the final week of the great Exhibition, show a most extraordinary increase over those for the corresponding period of last year, which extends to nearly every hne of importance, metropolitan and provincial, the former, however, as a matter of course, netting the largest returns. The London and North Western return is 64,311/., against 47,43(11. in the corresponding week of last year, being an in crease of 16,44781.; the Great Western, 29,6031., against 17,313/., increase 12,200; the Lancashire and Yorkshire, 19,647/., against 14,3431., increase 5,302/. ; the London .and South Western, 13,7631., against 11,361!., increase 4,402/.; the Midland, 24,331/. against 23,8381.—increase, 673/. ; the York and North Midland, 9,846/. against 8,1931. —increase, 1,631/.; the Great Northern, 13,663!. against 7,2l9l.—increase, 6,446/.; the Bristol and Exeter, 3,419/. against 4,sBBl.—increase, 861/. ; the North Staffordshire, 3,3271. against 3,o3M—increase, 273/. ; the Shrewsbury and Chester, 1,823!. against 1,703/.—increase, 1201. The affairs of the South Welsh Banks present no features of improvement, beyond the prospect of a full liquidation of all demands by the shareholders in the Monmouthshire and Glamorganshire Banking Company. As to Messrs. Williams, the transactions am small. Their bank was establishedl in 1826, the members of the family and firm being likewise engaged as millers. The amount of their fixed issues, authorised was 8,6001., but their circulation was inconsiderable. The liabilities of the 'Monmouthshire Bank are supposed to be about half a million to their customers and the public, and to their shareholders 192,3701., besides 11,6001. for reserve fund. Their securities, good and bad, are estimated ut 762,9391., their house property at 31,800/., and the cash in hand at 13,3001. There seems no likelihood that the capital of the shareholders will be saved, and they will be fortunate if not called upon to contribute, but it is considered the business is worth carrying on if managed prudently. Tho state of Messrs. Williams affiiirs is not yet known. Our attention has been called to some statements in the prospectus of a companv,styledthe Ave Maria Gold Quartz Company, for which the City article of the Express is brought in as a voucher, and for the productions of which the gold in the Bank of Englund belonging to the Agua Fria mine is made to bear testimony. That there is gold quartz in Ca lifornia, and profitable workings in the Mariposa mines and the Agua Fria mines Is now well enough known ; but this does not prove there is gold quartz in the Ave Maria district. It is very desirable that the lease referred to of the Ave Maria mine and the assays of Dr. Patterson, director of the Philadelphia Mint, should be published, in order that it may be seen whether they afford any basis for the operations of a IS II dts 7$ 80 49 fl 24 24 4 44 154 t 6 41 5 22 In 34 SS, 11l 1114 7% 11l 2 ii 56 si 2i 11 12 a._ ii4l i 13 14 211 47 I I 9 1 I 131 k 6 ii ii im NNW I ite In. 1. 40111, WV. idol IA UM of ►. IL maessi U ren- C. Vat. 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