The Express. — London, England, 1866-02-06 00:00:00

d it LAING. ACP., AND THE GENERAL CREDIT ""AjID FINANCE COMPANY OP LONDON gajTED). • At the Meeting of the slows company yesterday, A SaLlZSOLemises i DEa asked wlliellor the M OW. pat dawn ,tambold p r nstea ed M messes 'of the b eddio g. ••••, I ,.ther that &menet was to be swollen_ by the expense I t -a-h a ndbag sow erecting. He ale caned attention to elliw onat a/ p om my, 34,000 t., Wilaoll appeared to him too ~,.a u " i mperially when contrasted with those of mans other fh a C'eandue, in reply, said that the remarks if the r o a t m e who spoke of the nature of the badness r.lllmote of the character of a speech on the .„ a inattention" of this kind than of a specific He emend to thick that so beams he dose which could not be published * me meld, or eat Lased at a meeting of this sort. He g obs Impel to answer all the question' which had been pt le him hut if any nhimittets were mae to what were ty the fundamemal principles of the constitution • 5 7 ighcom panies, he mast IrA address a few observatkies * m a t mist. The mend prisoipie that a sompany like mts was to be responsible for everything with which It bed ao, en d in which the shareholders of the company chess ; we put of their owe free will and with their eye, open, Metier loses or nomlrellies, always remaining at a premium pa id goal* admitted for a momest. (Hear, bear.) If they looked at the foreign' lame whic h had sen brought seer is the English market during the list twenty years, they would undoubtedly fled that a great many of them ore d a dimwit. Bet is loins of that sort no cow es mercantile firm bringing them out could do th an guarantee a faithful and accurate statementof ;." - M i ms relating to them, and everybody must inertias his a m discretion as to the secerity of the investment. (Hear, * N o Who in his wants could suppose that if he invested fferldelt securities at 10 or 12 per cent. that security would h a me PADS AS if be isvested in British Consols at 3y! ''d ou r," sad Isetiater.) He took the risk; he knew the pod licalituation of Turkey, and the history of the Italian go mement tied its penned and financial situation, as well as g oody else, therefombe sated with his eyes copse. and m am content to run the risk for the sake of the high rate of interest. Them was a great derd of token is the world, both in the way of loans and wattma nes, which involved considerable risk, but at the pine time yielded considerable profit, and if the company gi irs which Introduced teem to the notice of investors seam eseesabseet or falsehood in respect to them, bet Na med theorising to the simple facts of the owe, role nig theme beta truly, hiss cou'd they be responsible among snot lOW, west to a ponninni or not' (Hear, mar.) In referoarre to the speedo quastioa whether or sot Chair profits ought to haws bees more, Ite would first observe is risme* to the shores they held in the Societal G4eirale, t h a t the greet balk of the profit es them come into the sweats for 1864. At the time of the meeting last year me great balk bad been sold at 3 premium, and the prodt on man was one main item is making op the profits of 150.000/. which was divided this time last year. Brace then —Wised early in the year—they had placed the rest of the m a ma, and realised a prim a little over 34 prem., and the melt so made came into the accounts of the year 1866. pat of course the' profit was net ro large as the profit of Me year before, became as they were them valued at 31., the additional 10a. only had to be added. To show bow loos the odindstioes were on which the bon. proprietor had Used bb statedent he would refer to the Italian loan of 8,000,0001. The hoe. proprietor thought that taking the fair profit at 1 per cent. they ought to have made 80,000/. out of the transaction, but the fact was that of that 8,000.0004 only 2,000,000 E was taken in England, therefore wending to that the company would have does well to have made 20,0001., with • responsibility of 2, 000 , 0 001. What they re dly did do was to make more than that without locking up 6d. of their capital. (Cheers.) Bo much with respect to the Italian loan. Then with respect to the Turkish loan and de coeversion of the debt, the 2 per cent, upon the timuctios was altogether fabulous. There never was any- Muncie the least degree approaching it. As regraded the quartos of the directors trafficking in the shares and com ps/Ma brought on', if there had been any specific question fie skald ham bum batter able to answer it. If delta. proprietor wanted to know whether he had any &slings sitter as " bull" or " bear* in the matter, he could reply, certainly not, and he believed be might say the esme for di hit tolltadusla Hear, hear," and cheers.) With respect to the Turkish loan, although personally its negotiation was a matte of great labour, and responsibility, and risk, in thsadvansieg of capital, yet the melt was, that Melivideally be pamonally made no profit, but the whole of the profit motto the General Credit Company. (Cheers.) He did not ear this in self prates, but he whaled to state that the Terkimli government, for some reason of its owe, would only make the cootract with biro, and not with the company. Hs was thus placed in a delicate sadden, being at the same tins the oostraotor sod the chairman of the company. He consequently asked the board to appoint a committee of three so twofer with him. They did so. If matters bad ail gone on (lode right he would have reaped rsy . c msiderable profit, and the General Credit also; but to carrying the matter out in the face of great diffi culties the expenditure in different matters was mush larger than had been anticipated, and the result practically came to this, that if he had taken the share of the profit to which he was entitle, there would not have been any thing left for the General Credit Company, and be simply male over all his sham to the company. (Cheers.) Nor did he take any special credit for so do ing, because stand ing is the position of chairman, be thoug ht the company ought to participate—(cheers)—but when hon. proprietors naed of directors' remuneration and trafficking in shares, be considered himself justified In tolling them that if he bad chosen to avail himself of his right no-der the contract he would have gained more than all his director'. remuneration and ptofit on shares fort. years to come. (Loud cheers.) With respect to the belt-yearly wino; he denied having used any threat on the matter ; but he candidly told them, as it was so opposed to the notices they had with respect to oat rying es the Waimea effiasetly, that they could sot consent to it, and be contended that that was the fair and honourable node of dealing by the shareholders. Had they not been candid on the last occasion, and the meeting had passed a notation that a meeting should be held in July, it would bare been very emberramitm to the directors, who did not think such a course a wise one. The board tart year, for in stance, would have had to have told the shareholders at mob a meeting in the middle of the yeez, they being just is the midst of the critical negotiations respecting the Turkish operation, some story which might have materially damaged their property, or have indulged in pre diction, which might never have been fulfilled. It was quite pester such of the shareholders as thought rush &mowed mg judicious to call an extraordinary monad meeting by regaisitica, and peas a vote on the subject. (No, no.l As to the number of shares held by the directors he would state at once that, from a rough calculation, it was about 13,000, so that answered the question about their throwing them on the market. (Cheers.) The sum put down for freehold premises included the buddinrs on the land at the time of the purchase they could nil the property for considerably more at the pre empt moment, but it bad been put down merely at the cost price. As to the reserve fund it was represented in the securities they held in the form of bills receivable, and not invested in soy special securities. If they should adopt the suggestion of the hon. proprietor, and " shut up shoo"—(laughter)—that reserve fund would give them 15s. a than,. He believed be sow answered all the gees haat anti would put the adoption of the report to the Oahu• An ;ttempt was roads by a shareholder to elicit the particulars of the current awns's, bet the fashion of the misting was so strongly expressed 'pima calling upon t►e chairman to sawyer the question, that although he offered to do so he was met by a general cry of " No, no." A SHAREHOLDER said that a great wish existed to know whether the rumour that the chairman was about to resign was true or not. The - dem nirstr said that, with the permiseion of the ra"titte, he would slake a personal statement after the badmen. (Hear, hear.) The adoption of the report was then put to the meeting end carried unanimously. The retiring &editors, Messrs. Qvilter and Ball, were re elected. The CHAIRY•N, in reply to • question, stated that Mr. Alderman Bslomons bad retired on the ground. he believed, that the pukka of director ed this company wee not con- Must with that of the chairmanship of the London and Menminster Bask, this company doing, to some extent, a similar baldness. He also explained that Mr. McK saris bad retired in ocesequence of serious ilium, sod by the strong advice of his medical sdrisers and other friends. This being the whole of the buinese, The ClUallalt stated that as regarded himself he was i'Dny to tell them that the same reason, semely, ill health, would Prevent his meeting them again in the ospciltl ett ehetlinan. He felt last year that be had suffered greatly from kis residence in bid* sad especially trent • severe liken in that country, from which he barely escaped with life. He was so unwell during last summer end antamn that his medical advisers strongly "Pi upon him to refrain from doing so much as he was doing, but he felt ve ry reluctant, while 10 many important sad delicate affairs were progress. "S. end especially while the easy important nutter of tits Tonieh cooverston was in hand, to withdraw from the chakinseship. Now that these matters had been happily °occluded, and while the affair wee in a prosperous stabs, and he had been able to meet the shareholders and imolai, all natters to them, he felt that it was a proper tints to Worm them that it would be impossible for him to go on with the very arduous and reeponsible diarist' attaching to theelnirmanship of this important company. lie concluded 13 7 saying that be would consult his colleagues as 1° the appropriate time for resigning, and that be should retains his interest in the company, sad always be haPPI to the ids advice and assistance in say matter in which it "Pt be deemed acceptable. (Cheers.) He assured them ' that he wo u ld t a k e oue before leaving his post that there elleald be em le security that the business of the company B heeld be conducted in the maze prosperous manner, so far I I they meld commaad Incomes, as it had bees hitherto ; and leaving himself entirely in the heads of his colleagues till the necessary arrangements had been made he begged "thank the shareholders foe the support be had always received at their hands, and reapectrully to talcs his leave w Men in the ospecity of chairman. Sir H. WOLF amidst the cheers of the meetisg. ex. Preload the regret: they all felt at the unfortunate muse of the retirement of the hon. gentlemen, end offs. red to him th e i r „ poky. 4 corded vote of *Wm be the chairman and &reales w " . 11844 tbs Prbelleamp. THE LONDON DREWMAILLNIF COMPANT. ___..-- • Yesterday afternoon the annual general meeting of the members Gleba aminiatirte took Pore st the reel dome of Si/ Derer_Doreal, Dart., M.P., in Beikelity-equare; Mr. T. Hoops, M.P., presiding. A report was read by Mr. HAT, the secretary, which stated that the directors fogad the premises in Clifford sirl ficadobeet, umentiosed In their report to the ge nelinesting I* 1865. admirably adapted for the puposes of the company. They, however, soon found more epees obsoletely seemeary, and bad been farthest* enough to matte the of No. 17, the adjoining house, alto upon that = was commenced on Lady-day last, sod it was with the utmost confidence that the direc tors ionted attention to the balance sheet, which, inspite of showing no profit out of which to declare • disrobed, but on the other hood a lose of 4001. 17s. U, would still be • frond to Notify the asiettion that, oonsiderieg the unavoidable expenditure incident to the formation of anew business, as well as the fact that every single item of expense which could be charged spinet the working of the eats bliehmeet during these, its first nine months, had been allowed for, the affairs of the rionopeay were nevertheless in a highly satisfactory reedition. One thousand two bemired sad fifty4oer shares had been allotted, mere natio.* capitol of 6,2501„ which the dinettes believed would prove amply sufScient for carrying out the objects of the eompsny. The directors bad purchased the goodwill of the business et Mines Mortimer and Korey, of Oros veiteralrest, sad hod thus secured a valuable ethoexion ie saltiest es their ewe. Two other est•Miebineete of so loran standing had already adopted the principles of this 1 company—a melded,' proof that example is better than precept, and that t he p had at least been gained towards the ainelionake of rendition of the workwomea of Leaden, and the foundation of a better usderetandiug be twain employers and workpeople in this teed.. The di rectors tendered their grateful thanks to those ladies who bad given so much of their time to the working of the un break*, as well se to the heads of the various depart monis, who had, at the sort of timeliest self-seerillee and priesoaal labour, carried oat the letter of instructions gives them in the spirit which prompted this movement. The CnAnteltr, in moving the adoption of the report, *Nona that the company was 'tooted in consequence of cornettist. which orated reepeeting the condition of the west-end trade, and its objects ware threefold—to toned a shop, to make it pay, sad to infiueere the teed* for the hermit of the employed. The two hopes in Clifford-street, which they had taken, had been foetid well suited to the purpose, and the directors had every reason to be satisfied with the malt el their labours. Although there was an apprises Wanes spied them, it most be recollected that there wire many expedites at the outset of a public seder taking which would sot afterwards occur ; and moreover they had actually realised a profit during the last three months, the accounts presented having referrers only to the period between Mara and December, 1865. The reso lution of the directors, limiting the employment to tee boors a day, had been strictly adhered to ; and two import ant establishuento bad adopted their rules both in regard to the workshops mad the dormitories ; and there were many dim shops La which, through the exactions of this employ, much improvement had taken Paso is tke regulations. The motion was seconded by Lord HIRCALDII, sad was unanimously adopted. After some formal resolutions, including a vote of thanks to the ladies' committee, a tribute of soireowledgment was paid to the chairman and to Sir Percy and lady Burial, and the business was brought to a close. TELEGRAPH TO INDIA COMPANY (LIMITED). Yesterday the fifth ordinary general meeting was held at the offices, No. 62, Noorgate-street, City ; Sir Mac- DONALD Briesfineoe, the Chairman of the Board of Directors, occupying the chair. In moving the adoption of the report which bad been Is circulation some days, be observed that the chief business to be trumpeted was, to authorise a distribution of the lest half-year's rent of the Egeotian line, amounting to 1,250/., which had been duly paid by the lessees, and out of which it was proposed to make a dividend at the rate of five per oeat. per annum on the paid-op capital, 'free of Mouse tax. He availed himself of the opportunity of teasetnieg the share holders of the prospect that now exists of an early accomplishment of the object for which the com pany bad been formed, vie., the establishment of as lode- Etipt sad direct telegraphic communication between tliritaii and India by the Nediterraneea and the Bed Sea. The directors had received assurances fromgestlemes of high mercantile position of the value and importance of the undertaking, and of its undoubted financial rumen, hoes the large measure of commercial rapport it most re ceive as soon as it should be completed. Like steam navigatka, however, submarine telegraphy must pass through a variety of phases before it could achieve perfect I success ; and he knew that there existed amongst the en gineers, electriedann, and scieetilic men now einnpd in its promotion a resolution that England should not lag behind in the contest, but should continue to hold her ground in the vac of this as is other cagi neering enterprise. A diminish* arose upon the expediency of reducing the nominal Vane of the shares from 21. to 11., the amount already paid upon them, with the view of relieving the public mind as to the extent of li/slaty ; thereby enhancing the market value of the scrip; but it was pointed out that supposing there were no legal or pecuniary obstacles to the adoption of such a comae, there was yet no immediate **acuity for it, inasmuch as the directors hoped by the next meet ing, or within 12 months at the farthest, to be enabled to snootier* the success or abandoement of the sub-mat is* por tion of the scheme. In the latter event, it was stated that everything would be done to ensure the shareholders amide compensation for their put outlay. The report was unanimously assented to, the dividend declared payable on and after the 16th instant, sad the retiring directors and auditor having bees re-elected, thanks were voted to the chairman, wad the proceedings closed. CHUN43I RAT'S ABOLLTION Bn..—We under stead that Mr. Hardautle, ILE, has undertakes the con- duct of this measure, and that he will give an early inti mation of Ma intention to bring in a bill for the total abolition of the rate. now-irdays W THE JAMAICA ASSEMBLY. (From the Daily Nam} DEATH OF MR. W. BENNETT. —We have to re coed the death, on the 19th of January, of Mr. William Bennett, who for many yams fanned %leder the lath Duke of Bedford, and was deservedly held in high re pute for his thorough practical knowledge of hoe baadry. During the agitation connected with the repeal of the emu laws, DOOM unpleasantness which arose be tween the Doke of Bedford and Mr. Bennett, who was an uncompromising Protectionist, resulted in his giving up his farm, for the improvemente in which he was fully compensated by his noble landlord. Mr. Beenet then re moved to Cambridge, where for some time he carried on business as an estate agent and valuer. Adversity and affliction at length overtook him, the strong man was bowed down, and during the last few years he lived in retirement in his native county, his wants and comforts being attended to by some sympathising friends, who had known him in better dare, Gad who were able to appreciate his worth.— Bedford Asses. ARDENT OF SOLDIIRS AND OTHERS AT CARRICK os-Sm&—The meet important arrests that have been made up to the present in this locality, in ocemixims with the Fenian movement, have taken place at Carrick-on-Bair. Under orders from (we are led to believe) Sir Hugh Rose, cm maoder of the forces in 'reload, the military authorities at Carrick-on-Snit have placed under arrest Oolour-Sergeant M'Oarthy, Corporal Beeline°. a native of Carrick, where his father formerly occupied the position of porter at one of the banks ; and Private Melly, a native of Dunearvan, all belonging to the 53rd Regiment, • detachment of which is sow stationed in that town. While these errata were being made • party of five policemen, under Mr. hi S.L, went down to the factory recently erected in that town, one by one, in order not to create suspicion, and took into custody four men. The police also arr ested three other civiliane, who, with the four men from the factory, were lodged in the Widow"' The names of six of them are :—P. Mor rissey, Win. Dobbyn, John Ryan alias Brien, John Matter, Richard Hoare, and Wm. Maher, who was recently allowed to steed out on ball, having been in jail on the charge of having pikes concealed on his premises. A pre liminary investigation, which, of course, was private, was held at the btidewell. before Samuel Hansa, R. M., and Lorenzo H. Jephson, Perm. All the parties are charged, in the intimations of a Constable Talbot, with having attended Fenian meetings and being Fenian. The magistrates remanded them for examination. The im portant feature in connexion with the arrest is the alleged complicity of the three eoldien—WOarthy, who has been thirteen years in the army, Hiely. and Brennan—hi the unfortunate movement that now agitates the oountw u.3 o l :: these men being brought before Messrs. Hanna, and Jephson, and the charge read to them, they made no answer. if what tumour states be true, WOarthy has been actively eeptl In seeking to drew his comrades from their alirgience. We believe he has been heard to boast that he is a coasin 01 Stephens, the Heed Centre. —C/onottl Chronicle. Attain OF AN AMERICAN OPTIONS.—We have jvA received intelligence from Tharles of the snood of Captain Joseph Gleason, of the United Stakes army, and for seine time past nesidiog with his family at Borrisoleigh. He was taken into custody by Constable Ferns upon a charge of Feeianism. Captain Gleason is well known in 'fflpperary. Since his return to this constry he has been travelling about, attendiog races, fairs, and markets. The captain was arrested in Borrisokigh„ and met up to the Thurles bridewell. He wee dieoltarpd from custody upon giving security—hinmelf in 4001. and two sureties in 2001. each —to appear for trial.—Clonsiel Chronicle. (Adrartinomont.)l—HOLtoWhen 0111TNINT AND pima.—Few ailments are more alchemical/mg, and nom mom ominous, then uleerattoes on the surface of the body. Wherever they are situated, it is difficult to cure them makes treated N cionely with some cooling. heann& inTilldralialb os =lionikee title never-tolling Ointment, It us worked w in making bad isgs sound and strong, even whim the power of the blood root& bad nasty been &stored. and shawl entire etnpation of the dre w had rendered every Mbar ennedhat mom abortive. No sore wean& or deer. eon vlthelend tta Weald inftnence, which can be most tanelteleak merterl whom winter Is 'Megrims to spring, and the eteetelenen belowins mem active sad mon madly ormaafflebte hi Per , 8.00 11 1 1 & attentinabs lad% THE EXPRESS, TUESDAY EVENING. FEBRUARY 6, 1866. rary imitation, can be proved bertiad historic gum- tion to have originated in the edifies' of despotism, and to have aubssrved them. The Housed Ome moos has become a power in the State only so far • as it has followed • different mares and has invested with political rights all clas ses which have practically becomes living part of the nation, adopting them not -as distinct orders, but fusing them into the mass of the already enfranchised. The aristocracy had the good sense to acquiesce in this policy as regarded the middle classes at the tune of the Reform Bill ; and it has since ostenta tiously announced its unity of interests and aims with them. Wisdom dictates that the example be followed in the enfranchisement of the working classes. If the suffrage is granted to and exercised by them, or only by the Elite among them, as a separate order in the nation, choosing special! representatives to watch over special interests, the challenge is given to an undesirable, and possibly dangerous, social conflict. Instead of fusing themselves into the mat of the electoral body, and accepting alliance with those above them, they will remain aloof, as the leaders of the mew below them—strong in a separate and skilful or ganization, and in the silent, perhaps, and nude signed, but real and constant, menace of as over whelming physical power. A safe Reform of the House of Commons can be effeoted only by a fur ther enlargement of it to the dimensions of the nation, and not by imitating artificial arrange ments, the real character of which is misappre handed bemuse their natural working has been counteracted by other and healthier influence& Witxx the Parliament of Great Britain is assembling, to carry on the self-government of the nation, it is impossible to help thinking of the strange end unnatural contrast which has just been exhibited in a British colony to which the i•etitutions of self-government had been trans planted. In Jamaica, the constitution which had been bestowed upon it, by exceptional favour, soon after the first establishment of the colony, has just been voluntarily renounced by those who under it were the depositaries of power. No such occurrence has yet marked in any country the history of free government. Constitutions have, indeed, times out of number, been trampled down by foreign forme or internal faction, extinguished by conquest or usurpation. But where shall we look for an example of their voluntary surrender, when neither an enemy was at the gates, nor • tyrant menaced life if liberty were not abandoned? There was, indeed, in Jamaica a concurrence of the circumstances which would seem to make such self-immolation most improbable and most uncalled for. The Legislature and the executive were in the most absolute harmony together; they have just triumphed over what they considered a fatal blow aimed at their authority. They were free from any admixture of elements which they could deem hostile to the mainte nance of their powers. The conduct of the Go vernor had indeed been impeached, and there was a possibility of an inquiry into his proceedings being ordered by his superiors at home. But more than this was not known in the island at the time. He had also communicated to the Legis lature the fact that if they chose to lay down their functions the Home Government would not be unwilling to accept the sacrifice. But if the sacrifice had not been voluntary it was more than doubtful whether it could have been enforced. And such an intimation is not one in which in any case free-born Englishmen are likely W be as seeing that it implied the abandon ment of every cherished right of self-government, and subjection to the arbitrary will of a distant authority, in which they had no representation. But while the graver reasons which could be adequate to explain such • step are in this case absent, there are certain local and personal reasons which have been put forward which are equally inadmissible. It could not be fear of being over whelmed by the blacks, for the Assemb'y was a white man's Assembly, the admission to the suffrage was in its own hands, and had within the last few years been so modified by raising the qualification and by imposing a registration fee, that only a small per centage of the electors were black. Neither could it be alarm at the tediousness or inflammatory tendency of the harangues of such of the members as were favourable to the blacks, far GORDON, whose long orations have been gravely assigned as a motive for the Assembly's self-ex tinction, had been hung ; and the Governor had been newly armed with further powers of pro claiming martial law, which would have main tained order more effectually than the speaker's voice. It could not be indignation at re stricted authority, for in the brief session it had passed such acts as it thought fit, including a prior one for its own modification, before it voted its own abolition. What, then, could be the rea son why a body so powerful, so uncontrolled, so victorious, should by its own mouth decree its own annihilation ? There can be but one anwer to such a question ; it was the corruption that follows on the long possession of despotic power that made freedom seem indifferent or troublesome, and the secret consciousness that the power had been so abused, that made its resignation seem advisable. The planter and moneyed class in Jamaica had con trived to make a few thousand electors supreme over three hundred thousand inhabitants. They were, and had been since the institution of the island constitution, an oligarchy ruling a nation. But when was an oligarchy ever zealous to maintain even its own freedom for freedom's sake ? When were the ten, or the thirty, or the three hundred, or the five hundred, who have at different times possessed themselves of the rule in nominal republics!, shown any true sense of what liberty is? Often they have rained the State in seeking to preserve their own powers or privileges, but it was for motives and for ends very different from the independence of freemen or the maintenance of civil rights. And when their own selfish class interests have been no longer capable of being maintained, such oli garchies as these have ever been the readiest to suc cumb to a usurper, or to betray the State to a foe. Despots in heart and by habit, they have been unconscious of the glory even of the eelf-govern ment of themselves which they have forbidden to others. So, though no tyrant or foe menaced the oligarchy of Jamaica, they sank by their own act when they felt that their conduct must draw upon them inquiry and the reprehension of public opinion, to which no Englishman happily can ever become wholly insensible. Knowing that life and property would still be secure, they bad no oars to keep higher privileges, and no stomach to face the indignation which they instinctively felt must follow examination of their conduct. And in this fact lies the answer, too, to those who tell us that the state of public opinion in Jamaica, the " uni " versal belief " in a widespread rebellion, is a jus tification of the acts which were done after the oatbarak was adisigledly cashed, and as ate- Dion d n bong know for treason where no evidence of boron was adduceL If such I " universal belief * did ixist, how is it that Se body which is its naiad mouthpiece dissolves • itself before it can give expression to its belie( If it was conscious of • well-founded belief, how came it first to oak Governor Eras to inform it of the grounds for such belief, and on Governor ETRZ referring it only to its own prior declarations, how came it to accept so tamely his intimation that the Home Government would approve its resignation of an ancient constitution without so much as a stipulation for a new one T No bluster, no reiteration of man- National narratives, no invocation of "what every " body says," can avail to rebut such fatal evi dence of consciousness of powers abused and brutal rigour unwarrantably applauded and sup ! ported. An inward but irresistible consciousness— , for the Assembly dissolved itself when the first news had reached the island that English opinion was shocked at the sots it had rewarded with its thanks, that inquiry was demanded whether the facts alleged were true, but ere yet the news had arrived that a Commission was appointed, and while the Governor had suffered no more to be • known than that his energy was approved where occasion for energy existed. Political suicide at , such a time is confession of political guilt beyond I pardon or excuse. PARTIES IN THE CHURCH OF ENGLAND. (From the Daily Newt.) THE dislike with which an untheological age, I more bent on making things pleasant in this world than in providing for the next, sees its news men taken up with accounts of Church move ments and meetings, organizations, and deputations to public men, finds expression in the opinion that all this stir denotes a mere clerical excitement—a passing epidemic like influenza or autumnal fever. It certainly is a troublesome fact that the clergy will persist in treating their religion as a thing so real, instead of contenting themselves, as most of them used to do, with saying their prayers and baptizing, marrying, and burying our children. Bat the clergy are not alone in this disposition; and whether they belong to one school or another, whether they explain away the supernatural with the Rationalists, or preach justification by faith with the Evangelists, or extol the sacraments with the High Churchmen, they carry large numbers of the laity with them. Indeed, it may be said that the strength of each of the three great parties or schools of thought in the Church at the present time resides in the laity. The composition of the depntationswhich have waited on Earl Ras mus and the Archbishop of CANTERBURY, within the last few days, sufficiently show the earnestness and intelligence with which the laity enter into the questions that are now dividing the Church. How ever these questions may be regarded by indiffe rent lookers-on, to the heads of the Church they appear most serious, if not in themselves, at least in their effects. The language which the Arch bishop addressed to successive deputations on Fri day and Saturday, and that which the Bishop of LONDON held in the House of Lords last session, leaves no doubt on this point. No one can foresee what consequences may follow the overthrow •of the convention—for it seems from what the Arch bishop said on Saturday that it was nothing more —which has secured uniformity in the modes and impede of worship in the Church for the last two hundred years. There can be no doubt that worship has been, much more than doctrine, the effective bond of union between the great body of Churchmen. Nine worshippers out of ten have u traced the history or weighed the import of the Articles, but everybody has entered into the spirit of the sublime and simple prayers of the Liturgy, which have been offered up according to a uniform rite from generation to generation, and from one end of the kingdom to the other. A heavy responsi bility rests upon those who have broken up this salutary and historical arrangement, and, by gra tuitous super-additions, made services in which for merly Churchmen of all parties could join to speak the language of an exclusive school. It may be said that we ought to look at this outbreak of ex treme ritualism as a natural development of ideas which have always had a home in the Church, and which have for a long time been gaining more prominence. But if we are not entitled to look for restraining good sense, respect for authority, and consideration for the common good from the clergy, all that remains to be said is that the ritualistic movementwas an inevitable misfortune. It is easy to deride it as a thing of ribbons and millinery, as almost every serious thing may be made to seem ridiculous by judging it by one or more of its external accidents, selected for that purpose. The use of chasubles, dalmatics, and incense, and the employment of acolytes, may be aptly described as child's play and frippery, but when they have once come to stand for the signs of doctrines and opinions which Churchmen of one section regard as dangerous, and those of another as exceedingly precious, their importance cannot be determined on the ordinary principle of taste. There is this peculiarity about the sensuous ritual istic mode of worship which is now so fast extend ing, that wherever it is introduced, whether it establishes itself or not, it makes a return to the modes which it supplants difficult, if not impossible. From the old high and dry system to the Evan gelical, and from this again to Tractarianism in its earlier and merely doctrinal form, the transi tion was comparatively easy. But when once a congregation has got fairly accustomed to the variety, animation, and movement of extreme ritualiste—to elaborate musics to the dramatic acti vity of the priests, the lights, the incense, and all that plane the eye and ear in their method—it loses its taste for the simpler and more sober worship which it formerly enjoyed. The very influential deputation which waited on the Archbishop of CANTERBURY on Saturday was composed only in part of those who countenance ' extreme ritualism, but all its members were strongly opposed to any appeal to Parliament on the subject. The deputation which Archdeacon Woanswonnt beaded on Friday, and which memo ' deltoid the Archbishop against ritualism, was of the same mind, and strongly deprecated any resort to the Imperial Legislature. As the Earl of Can ; xsinoN truly observed, there is no practical dis tinction between legislating on the Rubric and legislating on the Prayers expressly with the view to doctrine. This concurrence of opinion is a rig , nificant fact ; it is very instructing to find the op , posing pares in a State Church agreeing to depre cate the action of Parliament, which in England 'is the State. It is not as if either had hopes of relief from any other more strictly ecclesiastical Legislature. The property of the Church of Eng ' land is held by a parliamentary title, or, what is the same thing, Parliament prescribes the laws , I which fix the doctrinal and liturgical character of the Church, and which enables some and disquali fies others to become its members and ministers. Last session Parliament relaxed some of the coo -1 , ditions on which the clergy exercise their ministry, and did so in the plenitude of its own authority. THE WI TSB OF QOKKOiiB. (Fro. tie Daily New.) Tau Howe of Commune, whirl to-day will complete its organization and enter upon its work, commences not only a new Session and a new Par- Lamest, bat a now amatory of its existence. It has attained its fia hundred and tint year. The anniversary banters who vulgarise everything that they touch, missed twelve months ago a rery great "find," and those to whom the degradation of noble names and memories by bustling committees and fidgetty secretaries gives only pain, escaped a pro- poaiointta annoyance. It was inJannary, i 265, that Sn D/L MONTFORT called the Howe Of Commons into existesoe by summoning to Parliament, in the name of she King whom he held captive, two knights from each shire, two citizens from each city, and two burgesses from each borough. The erudition of centenary celebrators does not per haps extend so far back as this, or we should almost certainly have been disgusted with banquets and .peaches, and all the accompaniments of pompous commemoration. Now, fortunately, the opportunity is lost for another century ; and in the interests of posterity—notwithstanding that posterity, as Sir Boma Rocas complained, has done nothing for as—we sincerely hope that, to use the lan guage of the mistress of Do-the-boys Hall, it may be all the same a hundred years hence. There are occasions on which those who are engaged most closely with the affairs of the day and hour are forced into retrospect ; and there are present controversies which cannot be solved, and future probabilities which cannot be estimated, without reference to the past. The impending reform of our representative system recalls its origin and its history. The differences which distinguish the House of Commons of the nineteenth from the House of Commons of the thirteenth century measure the moral interval which the nation has traversed in that period; and the vicissitudes and develop ment of Parliamentary history correspond to and faithfully reflect the vicissitudes and growth of the national life. The conversion of the feudal monarchy of the PrAlcrmierrrre into the kingly commonwealth of England is one of the greatest transformations of time ; and if it be considered in reference to the work of preservation and completion which it bequeaths to the future, rather than for the glorifica tion of the poet and to promote foolish complacency in the present, the retrospect may be fraught with instruction, and needs not minister to the national vanity, which is the most formidable ob stacle to national progress. The reactionary and stationary parties of our time, notwithstanding that they plume themselves on a peculiarly Eng lish temper, do in fact least understand and are least faithful to the traditions of English history, which witness to a perpetual change and a com plete though gradual re-misting of our institutions. Whether the French Count to whom we owe the essential part of our constitution—that in it which is really living and formative—knew what the work was which be was doing, may be very ra tionally questioned. It is impossible that he should have comprehended it in its entire scope and extent. As little did the mass of men, individu ally free, whom it was destined to organize into the unity of a free people understand what wasbeing done for them. The earliest use of the new privilege was not calculated to enamour them of it. The me chanism of representation was employed by the Crown as an improvement in the machinery of ex tortion. The trouble and inconvenience of ex tracting money by pressure on individuals was avoided by dealing with communities. The first business of the delegated knights, citizens, and burgesses was simply to distribute and appor tion burdens the absolute amount of which was fixed by the King in Council with his Barons and Prelates. He used their local and personal know ledge to get what he wanted more speedily and more completely, and with smaller loss in the process of collection, than he would have suffered through the random extortions of his officers. Soon, however, it became necessary to purchase the local know ledge and the practical co-operation which he could not do without. It was found impossible to work effectively with reluctant instruments. The good will, the approval, the consent of the Commons be came first practically desirable, then formally in dispensable. They required to know the purposes for which the money was asked, and insisted on canvassing the legitimacy or expediency of those ob jects, and on estimating for themselves the sums which were adequate for the execution of them. Within a generation from the first summoning of delegates from shires and towns the Commons had been recognised as a separate and co-equal estate of the realm, and the statute de tallagio non con cedendo had been passed, which makes liability to be taxed correlative to the right of being represented. This gained, everything was gained. "The revenue," as Btraire said, "is the State," and the power which controls it oontrols every department of the Go vernment. Thus the institution which was at first used to facilitate the exactions of the Crown, be came the check upon them ; and that which at one time was the instrument of arbitrary power was speedily converted into the safeguard of • larger and more chastened freedom than the world has known elsewhere. In its very germ the elements were present which ensured that the House of Commons must, if it retained any inde pendent life at all, become, sooner or later, the real ruling power in the nation ; and its history records the unsucceesf al efforts of King and Lords to de stroy its independence, save on the occasion when they needed its strength as a help in their conten tions with each other. The arbitrary creation, revival, and suppression of parliamentary boroughs, practised alike by PLANTAGENET, TUDOR, and STUART Kings ; the exclusion from the county fran chise, under Hamtv VI., of all below the rank of forty-shilling freeholders, then • wealthy class, and the restriction of the right of representation to knights and those able to become knights, thus de barring the yeomanry from the Commons ; the direct usurpations of TuDox.s and STUARTS, the corrup tion and intrigue of the succeeding dynasty, and the aristocratic ascendancy which was checked by the Reform Bill—are a few of the obstacles with which the principle of popular self-government has had to contend in this kingdom, and which it has practically overcome. England, it has been said, with some truth, if with some exaggeration, is now ruled by a single legislative and representa tive assembly, nominating in fact, if not in theory, an executive (the Cabinet) responsible to itself, made up chiefly of its own members, and own ing no other check than habit and voluntary deference to the personal influence and wishes of the Sovereign, and the suspensive veto of an hereditary Chamber. The secret of this suooess—almost sole among European failures—is very simple. The House of . • Commons has known how to enlarge itself to the ' lexpanding limits of the nation, and, growing with the popular growth, has strengthened with the . ' popular strength. Restrictions on the suffrage, 1 the complexity of qualifications, the capricious i selection of constituencies, and the unequal dietri : button of members among them, which are the L favourite subjectsof much modern eldogy, and an Yet the action of Parliament now excites nothing but apprehension. Convocation would glatlig melte laws for the present occasion, but it may not.t this emergency there is no resource in authority left bat the Church Courts which interpose the law. But the Evangelical, and Moderate, and High Churchmen all agree to distrust those teihunals from which no party but the rationalists swank° gain any permanent advantage. Moreover, if there is a chance that the Court of Arabes or the Judicial Committee of the Privy Council might interpret the Rubric against the Ritualists, and that Mr. STuAZr might have to exchange La gorgeous eucharistic apparel for a plain white sur plice, it is on the other hand just possible that the interpretation might be given in a contrary nose, and as the Rubric is imperative, we might live to • see Dr. M`Nzu.s in a chasuble. We doubt whether this danger will be braved. If the Arch bishop can prevail by the mild wisdom of his pater nal councils in restraining those who have hitherto escaped and defied their immediate diocesans, he will render a great service to the Church ; but no other method seems available, and if he bile the Church will be at the mercy of what he has denominated the " individual caprice " of each clergyman. Tat New PAIAOB OF JOlfflei.—Yesterday the first compeassties ease we. heard berm Mt. Sort Terser, the Highllaitiff at Westminster, sad a joy, when a chin was mad• by Sir Charles Geo. Yong, the Garter Ring-of - Airs, against her Majesty's Commissioner of Pirtle Works and Buildings, as trustee of a gentleness maned Lysley, seder• menage settlement. Mr. Hatekies. Q.C., =dl r. J. 0. Geiffits, were for the claimant, Sir Charles Geo. You ; Mr. Coleridge, Q.C., sad Mr. Day for the Law Court Commissioners. There was conskterable diffi culty to get a jury of ten. They went to view the property is dispute, being the " Palace of Holyrood " public-house, No. 253.8trand, near St. Clement's Church. The rent sine* the spirit lieges* had been obtained was 30W. a year. It was freehold property, and the claim was 10,9261. After the jury returned from viewing the property a oessultattes took place betwer the leaned weasel, and the compotes- Roe was armed by worts* 8,5001. Tea DIVELIJICOS or Trig LABOURING CLAB9gs.-- , Yez re dter i a dtentoom mono( of the Lemke comedians is the lodging of the iedostrian chino was held at the office of the Strad flora. Mr. Withrow, of the Strand guardians, occupied the chair, and Mr. J. S. Star said it was generally felt that the ending boar and lodg iag secommodatlee foe the labouring aid poor classes was mute inadequate; that disease and immorality were thereby fostered, that rents were high, causing the people to over crowd, mod thee grim rise to those outbreaks of fever which eoustestly conned. The evidence of • relieving allow of that d was that a large mese of families of artisans and others were 'crowded into rooms 10 feet by 8 tee% sad loot 8 for high ; teas whole horse, court., sod alleys were filled with this eras of tarots, end that the " property* was in the buds of middle-men, who seldom allowed the sent to run a esoosed week, and sever did sup repairs, or effected usosseary sanitary ts, unless compelled by the authorities. He warned guar. dire that oleos they took the initiative in protein( for legislative interferer@ is such matters, so that where a railway was to be teemed, or an improve. meet was to be effected, the companies should be eau. polled to erect dwellings is lieu of those they destroyed, fever would be still further engendered, sad some of the guardians might look to have their teem of office cut un timely short in a MIMIC they little thought of. Mr. Hop wood repord that • memorial, prepared by the gentleman of the Strand Core, should be adopted and presented to the President of the Poor-law Board. Mr. Hatton (of the Holborn Duos) opposed the presisitercia to the Poor-law Board, as he looked epos that sa • most mischievous body. and ems in which he expressed himself se having no cod. dimes. Mr. Marshall (of St. Martin's) ported out that the ill lodgment of the industrious classes caused them to be bat one remove from paupers, es their health was weakened the phase in which they dwelt, and they easily fell to sackers, in which cue they and their families became chargeable to the rates. Oes of the guardian gave se aconite( the deplorable warier In which the poor wow lodged in St. James's, as witnessed by himself when dart brim relief, and he described cue recipient of outdoor relief se lens, is a cellar called a kitchen, the window of which she could Not open because of the fearful stench from the privy end dustbin. After some oreversatioa, it wee re volved that the memorial should be sent to the President of the Poor-law Board immediately—a resolution which was only arrived at after a long debate, some of the guar. diens prat beteg desirous of each " board* revise an opportunity of considering the subject —a proposal which drew from one energetic guardian a declaration that he wee tired eat with the&lays and dowser of the eerier miens. A vote of thanks to the chairman worded the proceedings. DISTURBANCE AT THE LIVERPOOL CATTLE MARKET YINDIRDAT.—In accordance with the mortise cd the county magistrates, passed at Hirkdale on Moseley week, the cattle market was again held et Stanley, but oar derable disturbance, amounting almost to • serious colli sion between the toasty police authorities and the drovers took place during the tran•it of the tattle bower the borough boundary aid the cattle market at Stanley. The varier bead of cattle, not being per mitted to be housed is the lairs and shads adjacent to the cattle market, were driven in huge droves, smousg altogether to between 2,000 sod 3,0014 yesterday egg, between the boars of 5 and 7, aloft the turnpike read, the highway being crowded with cattle almost the satire distance between the borough boundary and the mar ket. All the cattle intended for the market had the corp. ratios brand upon them, proving that they were free from disease, but when they arrived within the jurisdiction of the runty authorities, certificates were demanded by the county police from the drovers he charge of the venous herds, before they would permit the cattle to enter the market. These certifiestes the drovers had set in their poseessioe, and were under the impression that the branding of the several heads of cattle was a oufficiest passport to the market. But the police iodated upon the production of certificates, sad a scene of coofuncie, amonatinc almost to a riot, was the result. The police and the men an charge of the various herds came into collision, and it was feared that person injury would be the consequence, es the cattle, on the or hand, were being drives towards the market, whilst the police were enthrone( to 'top • them from entering. The polio wore roe tuaßy overpowered, and several herds of cattle were got into the market without certificates being pro duced, the drovers in charge, by their movements, steel& candy indicating that, slthosgh they had not " certifi cates," they were at least he 'on of sbillelths, which they appeared not led' to make use of in resisting the attempts of the authorities to prevent them landing their cattle in the market. No doubt both the borough' and county authorities will make each arrangements se will prevent • repetition of the irregular scene of confusion which took place yesterday morning. I,ll2.eleatiOtr DISASTER AT SEA.—EATING • BLACK Coog.—The Custard steamer Bootie which arrived at Liverpool on Saturday. brings intelligence of the lose of the schooner Pattie Martin, and the dreadful sufferings of the crew. It appears that co the might of the 7th ult. the sehossr, which was hood to Hatteras bland from New Jersey, struck on the shoals just maids Hatteras Islet Bar, and immediately filled. The captain and crew were compelled to seek shelter in the rigging. They had hardly ren there three bore when the captain, Denis M. Smith, a native of Camden. New Jersey, wit frozen to death, and in shout half en bout afterwards the cook , a black MID. perished from the same cense, leaving two more the mate, named Steel man, and • sailor 2 0::11•d Jobe's, is a moot miserable emeditiou. For Sue &ye these two unfortunate mem, exposed to the most inclement weather, sad without food or water. clung to their frail support. On the realm of the third day their arias for eotnethies to est wen intolerable, and they agreed, as the only means to alleviste their holm to devour a portion of the body of the black cook, which was done, and upon Olds they merged to smear themselves until the 1201, whoa they were roomed from their perilous position by moms Ospe Herder pilots. The poor fellows were is a sad plight, being fearfully frost-bitten shout the lasiand feet, as well se to a certain entreat essatally On reaching the shore, however, they padoelly recovered their reason, but it is feared that they will Ices several of their toss and fingers. The body of the cuter had bees recovered. It we. feared that but little of the cargo of the schooner will be saved. MASTUcO Sfftve.—Yesterday an opportunity was afforded tree who take an interest is the improvement of naval architecture of inspecting a model of Gnome Cowper P. Coles' system of meeting_ ships. The model we. exhi bited at the entrance to Lloyd's Captors' Room, Royal Exchange. It is called the tripod system of meeting, from the fact that th e tour of the mast, to addition to its owe basis, is supported by two brows, which gives it the appeerroe of a tripod. The object of this arrangemeit is, of course, to strengthen the bearing power of the our, which it must accomplish in a very high degree. The other advantages et the tripod meats are that is using them a saving is effected in the wear sad tear of op . 's, the venti lation of the ship is improved, its weed tecreseed, sad voyages thereby shortened, as amok fitted with that mare are serried to sail closer to the wind. At the ears time, if the neosseity should arise, these tons may be cat away r readily as wooden mars. We believe that these masts have bees tried by the beet el teeter--experianoe—and found to sower very well, while Outer Coles' admitted ability se a soleatifie earl arebillets is the best Framer that be would sot attempt an imp moot which was and based ea gonad Frieder, of naval coustruetics. DIAL= AND 81111110111 RIBTOILID BY Dv BARRY'S MAK= UMBRA AZABICA Tool widish 0111111/ WihOIS ass dada• sr inmeavad ty enee,==inliseelien), adaina. debili. toes c Ryer. mad eira..adi ossearhte. 7"& it raw its semi la ether remedime. sad sthe best bed ter memos. 1e.030 cram simemay.—Da Ism On. le. Leedom. W. la Usk at le. lad,: smil M 411. 51.,= 1.84 ; Nam, elm.; she et H, Wasedareheireme ; Cbeeplets ; OS. ill, Oileidosiletes ma alai tilessoilbsellsimol.l x ; a 3 d at ~~ ~~~.