The Sun. — London, England, 1859-02-07 00:00:00

This day is published, AD A M By GEORGE ELIOT, Author of " Scenes of Clerical. Life." Three Vols., post Bvo., £1 lls. 6d., Wm. Blackwood and Sons, Edinburgh and London. E D E ORIENTAL INLAND STEAM COMPANY (Limited) for the NAVIGATION of the RIVERS of INDIA. (Under Subsidy from the Indian Government.) Capital—.£2so,ooo, in 25,000 Shares of £lO each. Now proposed to be increased to £500,000. TRUSTEE. James Allan, Esq., Managing Director of the Peninsular and Oriental Steam Navigation Company. DIRECTORS. Chairman—Colonel Grimes, Norwood, and Ampthill Lodge, Southampton. John Bourne, Esq., 9, Billiter-street. Captain F. Vere Cotton, R.N., Alport House, Whitchurch. Captain IV. 11. Hall, R.N., C. 8., Director of the Peninsular and Oriental Steam Navigation Company. Captain J. C. Hoseason, R.N., Highbeech, Essex. James Kennedy, Esq., late of Bury, Curtis, and Kennedy. Sir John Spencer Login, Director of the Oude Railway Com pany, ew. MANAGING DIRECTOR, John Bourne, Esq. AUDITORS. John Glenny, Esq., Strand. George May, Esq., Gresham House. SOLICITORS. Messrs. 11. R. Hill and Son, Throgmorton-street. BANKERS. Messrs. Williams, Deacon, and Co., Birchin-lane. SECRETARY. John Mathewson, Esq. Offices : 9, Billiter-street, London. The Directors give notice that, in consequence of the great and undiminished demand for Steam Vessels upon the Indian rivers, and the wide field presenting itself for their profitable employment, they have resolved to double the capital of the Company. The Directors have the satisfaction of announcing that the steamers and barges, consisting of twelve vessels in all, which they forwarded from this country in August last, have now arrived safely in India, and will commence plying upon the rivet> without delay. An equal number of vessels of still greater power is at present in preparation, and will be sent out as soon as possible. Before embarking in the present undertaking the Directors had not only satisfied themselves of its eminently profitable nature, but they had secured for it the marked co-operation of the Indian Government, by the acquisition ,of a subsidy ; and the Government, both by the gift of land for stations, workshops, and depots, of wood for fuel, and in every other way, has rendered every possible aid to the present under taking. At the same time the Directors have insured com plete exemption from Government control and interference ; and this is the only Company so distinguished which pos sesses any Government support. The Directors have the satisfaction of finding that not only the Reports of the Company's servants in India, but the whole concurrent testimony of the advices received from that country, through what ever channel, completely confirms the favourable anticipations th e y l ong since formed of the profit able character of th e present undertaking. It would be im possible, however, within the limits of an advertisement, to recapitulate the numerous evidences of this truth which the Directors are constantly receiving; and they content them selves, therefore, with giving the following quotation from a recent leading article in the " Times," which shows that simi lar information had been reaching that paper through its Indian correspondents. From the Times,' Jan. 29, 1859. "It is not only Government but the whole nation that seems remiss. Any day during the last year we might have filled our columns with the complaints of shipbuilders at the de cline of their trade, owing in a great measure to the happy termination of the Russian War. But what do we now hear from India ? They wonder there what our shipbuilders are about. Month after month they are expecting the steamers that are to come. The Indian General Steam Navigation Company declare this month,' says our correspondent, a dividend of 100 and upwards per cent.. The Home Government had been requested to send out six river steamers, and it had sent out only one, which, it said, would be enough.' Next month,' continues our informant, 'the I n di an G overnment had _to en gage all the freight of six for t wo t r i ps at a price which would have bought the new vessels wanted twice over. There is room and work, we are told, for 300 steamers on the Ganges alone, flowing, as it does, through a territory with a popula tion of 350 to the square mile, with an export trade of £16,000,0000, and an internal trade beyond human calculation. Yet, with this vast opening before us, there are found men in the prime of life, neither schoolboys nor dotards, who can waste their time in holding meetings and memorialising Go vernment to find them customers for their shipping. Many a time ere this has war ministered to peace, infusing a quicker element into its idle, dreamy soul. To this Mutiny, perhaps, we owe the real opening of the Indian navigation to British enterprise, and the railways which are certain to follow. But verbum sat ; we have said enough to start our shipbuilders and shipowners, if they are Englishmen." The Directors have all along felt that neither the vessels which they have already sent to India, nor those which they have at present in preparation, could do much to satisfy the great want of Inland Steam Navigation which exists in that country. But they have a l so a ll a l ong f e l t that the only safe Way of entering upon such an undertaking was not to rush Into it with sanguine precipitation, but to advance with gra dual and cautious step, and without being dazzled by the large prospect of profits it holds out. The first steps, how ever, having been successfully taken, the whole of the exist ing Shares in the Company having been allotted, and being at a premium in the market, and the field being so large as to require a large capital to work it in an efficient manner, the Directors are of opinion that the time is come when the capi tal of the Company may be advantageously ihcreased, and they have, therefore, resolved to raise the capital to half a million sterling without delay. Applications for the new Shares must be forwarded to the Directors, at the offices of the Company, 9, Billiter-street, London, on or before the 20th day of February next ; and existing Shareholders will have a preference in tne allotment. A deposit of two shillings per Share to be made on appli cation. FORM OF APPLICATION FOR SHARES. 11 °A GARDEN,ENGLISH sole Ma O n P ag E em ß e A ni of Miss VENT Louisa rune and Mr. W. Harrison THIS EVENING will be presented an entirely new and romantic Opera, by Mr. W. Balfe, entitled SATANELLA ; or, I'HE POWER OF LOVE. Conductor—Mr. Alfred Mellon. lo conclude with the new Pantomime of LITTLE RED It1)ING HOOD ; or, Harlequin and the Wolf in Granny's CL thing. Commence at Seven, riIHEATRE-ROYAL, DRURY-LANE. Lessee—Mr. E. T. Smith. THIS EVENING, OUR GAL. Mr. awl Mrs. Barney Williams. Followed by BARNEY THE BARON. l'o conclude with the new pantomime, - ROBIN HOOD ; or, Harlequin Friar Tuck and the Merry Men of Sherwood Forest. ROYAL PRINCESS'S THEATRE. Under the Management of Mr. Charles Kean . THIS EVENING will be presented Shakspere's Tragedy of HAMLET. Hamlet, Mr. C. Kean—Gertrude, Mrs. C. Kean. After which, a new grand Christmas Pantomime, entitled TlOl KING OF THE CASTLE; or, Harlequin Prince .I);amond and Princess Brighteyes. THEATRE -ROYAL, HAYMARKET. Lessee, Mr. J. B. Buck:stone. THIS EVENING, AN UNEQUAL MATCH. Miss Amy Sedgwick, Mr. Buckstone, &c. After which, a new grand Comic Pantomime, entitled UNDINE ; or, Harlequin and the Spirit of the Waters. Commenve at 7. ROYAL LYCEUM THEATRE: Man ager, Mr. Edmund Falconer, THIS EVENING will be performed EXTREMES ,* or, Men of th e Day. M e ssrs. Emery, E. Falconer, Rogers, & c, To be followed by the new Drama of THE SISTER'S SACRIFICE. Messrs. Emery, Barret, and Rogers. Madame Celeste, Mrs. Keeley and Miss Julia St. George. Reduced Prices —Dress Boxes, 4s • Upper Boxes, 3s. ; Pit, 25.; Stalls, s s . ; Gallery, ls.* Box-office open from 11 to 5 daily. Doors open at halt-past 6 to commence at 7 every evening. • NEV THEATRE - ROYAL, ADELPHL Sole Proprietor and Manager, Mr. Benj. Webster. ° THIS EVENING, the performance will commence with THE BIRTHPLACE OP PODGF:RS. Mr. J. L. Toole, Mr. C. Selby, Mr. Billington, Miss Kelly. To be followed by THE LAST OF THE PIGTAILS. Mr. C. Selby, Mr. J. L. Toole, C. J. Smith, Mrs. Chatterley, Miss Henrietta Simms. After which, GOOD FOR NOTHING. Messrs. J. L. Toole, Billington, Eburne, and Miss Woolgar. Ts conclude with the grand Christmas Pantomime, entitled MOTHER RED CAP; or, Harlequin Johnny Gilpin's Ride to Edmonton. Clown, Mr. Croueste ; Harlequin, Mr. Hilde- Sprite. brand ; Mr. Le Barr. Columbine, Miss Hayman ; P antaloon, Mr. Lupino ; Doors open at half-past six —Commence at seven. ROYAL STRAND THEATRE, Lessee and Directress, Miss Swanborough THIS EVENING. THE BONNIE FISH WIFE. After which, the new Extrava9,-anza, KENILWORTH ; or To Qneene. ye Earle, and ye Maydenne. And THE LITTLE SAVAGE Commence at 7 o'clock. A STLEY'S ROYAL AMPHITHEATRE, Westminster -road. Lessee and Manager ........ Mr. William Cooke. Crowded Houses Nightly. Another highly attractive and successful Drama. THIS EVENING, and during the week. the grand ,s_pee tacle of THE GIPSY GIRL OF MADRID ; or, The Edict of Spain. After which, the inimitable SCENES IN THE CIRCLE, Introducing Mr. Wm. Cooke's beautiful and highly-trained palfries and ponies and the Staritiders of Eur Ope. To conclude with the great Operatic and Burlesque EAtuq trian Pantomime, entitled HARLEQUIN BARON MUB" CHAUSEN, AND HIS COMICAL CREAM COB CRUISER. Baron Munchausen, Mr. W. Anson ; Harlequin, Ib 4 r •lir. Hemmings ; Pantaloon, Mr. Morley ;I Clown, Mr. A. ~__lrfmn r eet, the Grimaldi of the day ; Columbinek Miss Julta ;, 1 7 } n a . z i ßrilliant and unsurpassable Transformation Scene, and ever; Ylz effects of Colour and Fire. Gorgeous Scenery, th e ~N e_ llleident in bustling reality, from Regent-street to "" Palace for the People, at Muswell Hill," Dress Circl e, 4s- ; Boxes, 3s. ; Pit, 2s, ; Gallery, is. ; Upper Gallery, 6d. Stage Manager Mr. R. Phillips. CANTERBURY HALL, Westminster-road.— Proprietor _.C. MORTON. Thepublie is most respectfully informed that the FM ARTS GALLERY, in connection with the above Hall, IS NOW OPEN DAT AND NIGHT, from 11 o'clock a.m. until 12 o'clock p.m. The New Gallery contains an extensive Collec tion of p rod by Ancient and Modern Masters :and Is also devoted to Art uctions generally. The Proprietor feels he may confidently assert that, viewed The the exist ng Music Hall, the New Fine Arts Gallery, and the recently dded Ante-Hall, will present an attraction which. whether s regards the architectural beauty of the structures them- Ives, or the varied and hitherto unattemptedrezeblintautiotnh: kingdo : le lthin, m will be found to be wholly with out pa S y en o'clo MUSck.ICAL ENTERTAINMENT commences as usual at In addition to the usual entertainment, the SAUVLET FAMILY, of Amsterdam, Eight in number, whose varied instrumental performances have created so marked a sensa. tion in the principal cities and towns of the Continent, will p er f orm oydry in at Nine and Eleven o'clock. To the Directors of the Oriental Inland Steam Company (Limited). Gentlemen,—l request that you will allot to me of the new issue of Shares in this Company; and I hereby under take to accept the same or any less number that may be allotted to me, to pay the calls thereon when due, and to sign the Articles of Association when required. I am, gentlemen, your obedient servant, APPETITE AND INDIGESTION IMPROVED. LEA and PERRINS' WORCESTERSHIRE SAUCE imparts the most exquisite relish to Steaks, Chops, and all Roast Meat, Gravies, Fish, Game, Soup, Cur ries, and Salad, and by its tonic and invigorating properties enables the stomach to perfectly digest the food. The daily use of this aromatic and delicious Sauce is the best sfifeguard to health. _ _.... Sold ;bythe proprietors, Lea and Berens, 19, Fenchurch street, London, and 68, Broad-street, Worcester ; also ty Messrs. Barclay and Sons, Messrs. Crosse and Blackwell, and other oilmen and merchants, London ; and generally by the principal dealers in sauce. N.ll:—To guardagain;t imitations, see that the names of "LEA and PERRINS " are upon the label and patent cap of the bottle. THE WEATHER.-SUN OFFICE, FEE. 6, THERMOMETER, IN THE SHADE, 51—highest since noon yesterday. . 42—lowest this morning And during the night. 45—this day at noon. BAROMETER-29'28. WIND, W.S.W. ; light, with fine weather; very dull in the morning, with rain in the night. FEB. 7. 48—highest since noon yesterday. 42—lowest this morning and during the night 48—this day at noon. BIuomETER-29.35. WIND, South-Westerly ; fresh, with fine weather, Two o'Clock—Heavy rain. The desired Austrian loan has now closed. The little draft for six millions sterling has been re fused acceptance. The English capitalists did not bite quite so readily as had been anticipated. They were not quite satisfied as to the security tendered, nor as to the certainty of peace being maintained in Europe. As to the political consequences of such a transaction, it was a question of minor impor tance. The prospect of a quarter per cent. more would render the result a matter of the most pro found indifference. It might rivet the fetters on Lombardy, maintain the disturbances in Italy, and prevent any improvement in the Papal or Neapolitan Governments. But these are but mere bagatelles, provided there be good interest and a handsome premium, which will enable the original investors to realise handsome profits. Sardinia, too, is entering the field as a borrower. The two millions sterling which she has already received from the English Government has stimu lated her cupidity, and she is desirous of doubling the obligation. We wish well to Piedmont, as the only constitutional power in Italy ; but it would be a cruel kindness to comply with her request in the present instance. It would be like pleasing the depraved appetite of a sick child, when the greatest injury might be occasioned by the tem porary gratification. Tho pretext, too, on which it is put forward is so palpably ridiculous, so ludicrously absurd, that it shows what a humble estimate must be entertained of our judgment and intellectual capacity. Never was there so plausible and unfounded a pretext put forward to obtain money. Austria is threatening (!) She is the wolf against which the innocent Pied montese lamb must protect itself, and wants just fifty millions of lire, or two millions sterling , to provide and support the watchdogs, or, to use the ipsissitna verba, " for the defence of the country, and for the safeguard of its honour, its liberty, and its national independence." This is really something too rich. Austria is bound over in very heavy recognisances to keep the peace. She cannot afford to go to war, and the failure of the projected loan has rendered her dis position even more pacific than it might otherwise have been. She certainly will not provoke a con test, although she may strive to resist any attack. But we see Sardinia regularly preparing for an encounter. Its fifteen years' old Princess has been delivered over to a fat epicurean of forty, and it is said that VICTOR E3I3IANUEL himself is about to marry the widowed Grand Duchess of LEUCH TENBERG, heedless of the little responsibilities which she has incurred since the death of her former husband. Ties, which can only be for political purposes, are thus contracted with France and Russia ; and yet, poor innocent, he dreads aggres sion on the part of Austria, and requires means " for the defence of the country and for the safe guard of its honour, its liberty, and its national independence." When and where have they been menaced, will be the universal interrogatory ? It is one by no means easy to answer; but Count CAVOUR fancies he can blindfold Europe, and under such mendacious pretexts obtain the means of flinging a firebrand into the heart of Europe, and occasioning a conflagration which cannot be extin guished save by an immense sacrifice of blood and treasure, as far exceeding in amount the sum now demanded as the stacks of wheat consumed by an incendiary would the value of the lucifer-match which created the blaze. We cautioned the gentlemen of the Money Market and Stock Xxchange against having anything to do with the Austrian loan ; we still more emphatically advise them to abstain from the Sardinian. If granted, it would not only occasion bloodshed, but would depreciate the value of every public security, and, as we have stated, far more than double the loss of sixty millions sterling already sustained. The pamphlet " L'Empereur Napoleon 111. et I'ltalie," to which we alluded in our impression of Saturday, has not by any means alleviated the apprehensions that previously existed. The corn• plete disregard of existing treaties, whenever they may prove inconvenient or annoying, exhibits in the strongest light the views and feelings of the Gevernment that has expressed or even sanctioned such opinions. " Treaties are the international laws of peoples, and would only be invariable if the world was immoveable!" But who is to decide the time and extent of change ? Who can say what should be the alteration ? Certainly not one of the contracting parties. It should if possible be re. ferred to the arbitration of disinterested parties. Austria might get out of the scrape by withdrawing her troops from the papal States, and conceding many essential reforms to the Lombardo-Venetian king dom. But if she has not the good sense to adopt the remedial measures of her own accord, there should be another Congress before the armies hare - V i . , , , ,, , .t. • - •' - -:(1----r„-iy" - 41041: h 'el . .......- , - 11 v' : 21 .4 1 40 2, : ,,..ui .„... .m.,,,..,.' r , t6fpf, . a 206 H. l'' ' I.''' .. " .4 4,...:v :: i ir : : be . A . ..._,. Dix r 'tir,','•:-.!!! rV4/.... ''' ,7 %, . THE SUN. MONDAY. FEBRUARY 7, 1859. come into hostile collision. Hitherto the blow has always preceded the word. Surely it would be right that the order were reversed, and that there should be no hostilities until negotiations and arbi- tration had totally failed, and that one or both parties were determined on war. To-morrow Sir H. WILLOUGHBY will, according ,o promise, bring the question of the National Gal lery under the notice of the House and of the Government. He will have the cordial support of men like Lord ELMO and. Mr. CONINGHAIII. He will find, we are satisfied, no antagonism either in the Noble Lord the Chief Commissioner of Parks and Palaces, or in the Right Hon. Gentleman the Chancellor of the Exchequer. It was the latter, in deed, who at the period of his first tenure of office —when in 1852 he was, as he is now onc e more in 1859, the leader of the House of Commons, and the custodian of the public purse—first kindled the popular aspiration for a palace of painting and sculpture worthy of containing the art treasures of tho United Kingdom. That che rished project has since then been post poned and postponed with the most tantalising pertinacity—as the phrase is, left in abeyance. The Tory Reformers again in office we may hope that the design may at length be realised. Additional reasons accumulating round it encourage us in this belief. The half of the present unsightly and inadequate b uilding (at all times affording insufficient accom modation) has now become wholly unequal to the ' purpose for which it was originally designed. The VERNON Gallery, it will be remembered, imme diately upon its coming into the possession of the nation was temporarily consigned to the cellarage of the structure. The VERNON Gal lery was subsequently removed from its sub terranean position. The SHEEPSHANKS collec tion never went there at all. The TURNER col lection has found shelter elsewhere. And that elsewhere—that casual refuge for the Destitute— Marlborough House—is now wanted for the resi dence of his Royal Highness the Prince of WALES so soon as the heir to the Crown of these realms shall have returned from his six months' sojourn in the Eternal City. By that time his Royal High ness will be upon the eve of the eighteenth anni versary of his birth—the heir-apparent to the Throne on that account requiring, after the 9th of November, 1859, in consideration of that maturity and of his august rank, a separate establishment. So that, simultaneously, the paintings belonging to the nation, and now hanging upon the walls of Marlborough House, will have to be removed hence —and the paintings belonging the Royal Academy, and now and for many years past hanging upon the walls of the National Gallery, will have to be removed thence ! Marlborough House cannot possibly after this year of grace 1859 harbour the art treasures bequeathed to the nation by the muni ficence of Mr. TURNER, of Mr. VERNON, or of Mr. SHEEPSHANKS. The National Gallery, we trust, will not be allowed to harbour, after this same year of grace 1859, the Royal Academy, originally established under the roof-tree of Somerset House. Marlborough House is required for the Prince of WALES. The National Gallery is required for— the National Gallery The latter is surely a rea sonable demand. The Royal Academy, instead of grumbling over its removal now, in obedience to a positive necessity—ought assuredly only to be grateful for its past good fortune in being so long provided with a home in the National Gallery, very much to the national inconvenience. Everything combines to confirm us in the hope that the next exhibition of the Academy in Trafalgar-square will be the very last that may be there holden. The Government ought in reason to give them notice to quit —now when the pictures belonging to the nation are actually going a begging for room, and when, even supposing the Academy to be already removed elsewhere, the existing building would be insufficient for the art treasures already in the national possession. The mysterious rumours as to the £4,000 building said to be now in course of rapid and secret construction down in that melan choly slough of despond at South Kensington— these at least, we are sanguine, may be to-morrow effectually dissipated by the official reply vouch safed to the pertinent inquiries of Sir H. WIL LOUGHBY. For it is altogether incredible that after the positively and peremptorily adverse decisions of the House of Commons last session, any Minister would so directly and so flagrantly go counter to the expressed views of the popular branch of the Legislature. So London has met, and in the Guildhall—the Lord Mayor in the chair. Mr. BRIGHT tells us that " the nation dwells not in the palace but in the cottage ;" and, accepting this dictum, the nation, so far as London is concerned, were certainly present at the meeting of Saturday, for it consisted chiefly of working people, with Mr. ERNEST JONES as orator in chief. Who can blame them ? If the other classes in London chose to let the metropolis give its judgment on Reform, without the aid of their counsel, they have no right afterwards to complain of the decision. The meeting was public, apparently willing to hear all—why were not some of the advanced middle-class reformers, and some of the less advanced also, there, to state their views? They will bear discussion, and, to a great extent, as we think, justification ; and it would have been better for the usual actors in these matters to have been in their places. The "people who dwell in the cottage" should now be met by those who are termed "their betters," and they would be the better for being thus met. English workpeople, when fairly dealt with, are the most reasonable, the most conservative workpeople in the world. We believe, for instance, that such an aristocratic reformer as the " noble lord the member for London" woutd on Saturday have had a fair hearing ; as fair a hearing as he had at Liverpool when lecturing to working men on Social Science. He very strenuously insists on the responsibility of the electors to the unenfranchised. This is, indeed, his stock argument for refusing the Ballot. Why did he not show his sense of responsibility to non•electors on Saturday ? He might then have asked them themselves what they thought of his argument. We begin to see, however, that if there is a large class which thinks Mr. BRIGIIT has gone too far, there is a yet larger class which thinks he has not gone far enough. We apprehend that public meet• ings of working men, as large as that which assem bled at Guildhall, could bo called without difficulty in every large town in the kingdom. Mr. E. JONES, in London, had a coadjutor of the same opinion from Newcastle, who was returning thither to a large meeting, as it certainly will be, also in favour of manhood suffrage and the Ballot, the latter being the one demand in which all Reformers who have yet spoken unite, as a matter of course. Th• longer Ministers defer their bill the more numero as will these meetings become, and the more apparent will it become that a rating or household suffrage is the lowest which can be offered to the many. The resolution itself—demanding a "just share of poli tical power for all classes of tho community" was of course general,—but Mr. JONES'S speech was its interpretation, and the speech was for manhood suffrage and the Ballot. We recently directed public attention to Mr. BRIGHT'S want of comprehension in reference to what was complained of by monetary reformers. Our esteemed contemporary, the Derbyshire Courier, has ably followed up the subject, and in an admirable article, which we extracted into our columns on Monday last, not only pointed out clearly and distinctly what was complained of, but the nature and extent of the required remedy. The question is one pre-eminently of labour against money. We will not use the word " capital," because many capitalists of enormous wealth are deeply in terested in obtaining a circulating medium adequate to the wants and exigencies of the country. Every owner, of real estate, for instance, would find his income greatly enhanced by what would create an additional demand for agricultural produce, en courage his tenants to improve their respective holdings, and bring them into the highest degree of cultivation. His property is thus increased largely in value, while, if it should be subject to any ineumbrance, either for mortgage or family charges, the burden will be found far less onerous or oppressive, inasmuch as money can always be obtained at a fair and reasonable rate of interest to satisfy any pressing claimant, and the more 1 east y, inasmuch as the property would command a higher price in . the market, should it be come necessary`to force a sale. Even those whose farms were let at fixed rentals, would find it to their advantage, inasmuch as there would be no defaulting tenants or accumu lated arrears—and they would have the most ample security for the payment of the sums to which they were justly entitled. The same may be said of all other classes of capi talists—save and except money brokers and hard calculators—who contrive to extract large sums out of the misery of the industrial population, to grind them down to the lowest point, and, as the Derbyshire Courier justly remarks, drives too many, at intervals of a few years, by poverty and priva tion, into the workhouse or the gaol. We had one deplorable illustration in 1847, and another in 1857 ! P oor-rates were enormously in creased; for even the best hands—men able and willing to work—could find no employ ment. Whatever they had accumulated in more prosperous days—furniture, clothing, or the tools of trade—were necessarily disposed of. Any money laid by for sickness or old age, went first, as a matter of course, so that even the most provident operative found himself obliged to begin life de novo. Even the termination of the monetary crisis did not work an immediate restoration of confi dence. What was miscalled prudence prevented the re-establishment of credit on its former basis, and many mills and factories were kept at half time, long after money became cheap and abun dant. In consequence of the Act of 1844 the burden of the taxes .is frequently doubled. We might possibly get on with a purely metallic, or quasi metallic currency—the establishment whereof was the manifest intention of Lord OVERSTONE and his followers. But the enormous debt under which the nation is suffering—debt mainly contracted in an inconvertible paper currency, when gold was worth £5 Bs. per ounce—imperatively requires that there should be a taxation money, receivable in payment of every public demand, and rendered a legal tender. Such paper would be gladly accepted as long as the visits of taxpayers or rate collectors continued. When they altogether ceased, the taxation money might be withdrawn, and then, what might literally be termed " a golden age" would naturally follow. It is a grave mistake on the part of Mr. BRIGHT to suppose that no two currency reformers agree in opinion. There are, of course, some slight differ ences and shades of opinion, but not more than there are between tho various classes of Parliamen tary or other Reformers. All concur in demanding the total and unconditional repeal of the Act of 1844, and that there should be free trade in currency as well as in cora. Indeed? " free-trade and a fettered currency " are utterly incompatible, as has been clearly proved by one of the ablest writers on the monetary question—Sir ARCHIBALD ALISON ; and also by Mr. GODDARD, a strenuous opponent of the Corn Laws. A large majority desire that gold should be regarded merely as a commodity, and sold at its market value, but that should no more prevent the nation from ob taining a fair measure than the fact that there are differences of opinion among Parliamentary Re formers on the question of the franchise that should be conceded, the boroughs to be consigned to sche dules A or B, or on the most important point of all —the Ballot. We trust that Mr. DISRAELI will direct his attention to the subject, and thus render the Ministry, of which he is an influential member, the most popular that ever governed the nation. The Count Perponcher has arrived at Maurigy's Hotel, from Berlin, with despatches for her Majesty. His Excellency the Count and the Countess Lera-scha and suite have left the same establishment, for Brighton. The Countess d'Apponyi will hold her first assembly for the present season to-morrow evening, at Chandos House. The Marquis of Lansdowne arrived at Lans downe House, on Saturday, for Bowood. The noble mar quis has quite recovered from the attack of gout which detained him in the country and prevented him from being present at the opening of Parliament. The mortal remains of the late Earl of Ripon were interred in the faimly vault at Nocton, in Lincoln• shire, on Friday last. The funeral was conducted in a pri vate and unostentatious manner. Mr. Wigan having for the present relinquished the idea of entering upon management, has, with Mrs. Wigan, accepted an engagement at the new Adelphi Theatre, where they will make their appearance on the 28th instant. Mr. Wright having recovered from his long in disposition, will re-appear at th e Ad e l p hi Th ea t re on Mon day, the 14th inst. 'THE WELLINGTON COLLEGE.—In our account of the opening of the. Wellington College, on Monday last, it was stated that fifteen acres of the heath were the gift of Mr. Gibson, the army saddler, of Coventry-street. We are requested by Mr. Gibson to state that this is a mistake, as he never possessed any land in that locality. ROYAL COLLEGE OF SURGEONS.—The following gentlemen, having undergon e th e necessary exam i na ti ons for the diploma, were admitted members of the college at a meeting of the court of examiners on the 4th inst., viz. : Messrs. Adolph Weber, Lima, South America; William Hepworth, Ginsley, near Leeds; Henry Stokes, Brixton; Frederick Keene, Bow-road; Robert Jacob Jordan, Bed ford-square ; and Charles Sanders, Chigwell, Essex. It is in contemplation, we believe, to establish races, under Mr. Topham'S management, at Uxbridge, within a quarter of a mile of which town an excellent natural course is to be found.—Bell's Life. The last advices from Peru reiterate the com plaints of discreditable conduct on the part of the Govern ment of that Republic with regard to the circulation of a depreciated coinage, and also th e resor t t o measures t o influence unfairly the fluctuations of the rate of exchange on England. ENGLAND AND BRAZIL.—The convention between England and Brazil for the settlement of outstanding claims on the respective Governments by the subjects of each country has been printed. It was signed at Rio on the 2d of June last, and ratifications were exchanged on the 9th of September. It provides that each Government is to appoint a commissioner, and that in ease of need an umpire is to be chosen by lot. All claims are to be pre sented within 12 months from the first meeting of the com mission, and every claim is to be decided upon within two years. SOUTH AUSTRALIA.—The advices from South Australia by the present mail are dated Adelaide, Dec. 11. Trade generally was dull, and the markets overstocked with goods. There was every prospect of an abundant harvest, heavy rains having opportunely set in. The price of copper had advanced from £96 to £lO5 per ton, in con sequence of an improvement in its value in India. Burra Burra shares were 137 ex div. Wool, 17d. to 180. per lb. It is stated that the construction of the telegraph between Constantinople and the Persian Gulf, so long pro mised by the Turkish Government, is making p - ogress, and that the section from Constantinople to Bagdad (the prin cipal part of the work) will be completed in a few months. Already a certain portion is in operation. If the submarine cable through the Persian Gulf, from Kurrachee to Bus sorah, were in a state of preparation, we might thus hope for a new and independent communication with India. At present, even for the merely partial communication that exists, we are entirely dependent on the line through Egypt and Austria, or on that through Egypt and thence by the Sardinian station at Cagliari. In the event of a continental war, the prospect of th ese routes remaining uninterrupted would be doubtful, and the statesmen responsible would then have to explain and justify their neglect of the alter native means. When the laying:down of the Persian Gulf line was originally discourwred, the fact was attributed to deference to the Emperor Napoleon, whose visit to Osborne took place about that period. THE INCREASE OF THE NAVY.—The gentlemen who discover in all taxes raised for naval and military pur poses nothing but the cunning devices of a knavish aristo cracy, should correct their opinion by what is now transpir ing in reference to the navy. The. Admiralty have deter mined to add considerably to the number of our line-of battle ships ; the First Lord of the Admiralty and the Surveyor of the Navy are early and late together, devising the necessary measures ; the Chancellor of the Exchequer has coolly added a million or two sterling to his budget for the purpose ; and the Navy Estimates will, in all proba bility, be passed with as great alacrity this year as last, and give equal satisfaction to the country, although the estimates of last year were cut down by the present Minister, and pre sented to the house as evidences of retrenchment. And yet there have been no aristocratical influences at work in secretly bringing these things about. The speech of Lord Hardwicke had, it is true, some slight influence upon the public mind ; but it was an influence openly exerted, and in proportion as the statements of his lordship were erroneous, as they undoubtedly were in some respects, they failed in their design. The great an d almost the only cause of the contemplated increase of the navy, and of the public ap proval of that increase, is to be found in the simple an nouncement of the fact that the French have more steam line-el . -battle ships than ourselves. This announcement, which appeared originally in a leading article in the Times, and was subsequently c on fi rmed in that journal by an authentic detailed stateme n t f rom a correspondent, has alone determined the action of the Cabinet, and prepared the public to support them. Even the Times itself in no way urged either the Government or the country to pursue the course adopted, but was content to leave the former to act and the latter to think for themselves. When it is remem bered that a single steam line -of-battle ship of the first-class costs more than £200,000 sterling, and that the determina tination of the Admiralty therefore involves an extra ex penditure of some millions, the all but unanimous approval of that determination by the country at large is the more remarkable,—Xechanics' Magazin?, _HIE SUN, LONDON, MONDAY EVENING, FEBRUARY 7, 1859. CHAMBERS. Mr. Reuter's office :-- PARIS, MONDAY (THIS DAY) DEPUTIES, impressions. civilisation and the Christian religion. " Since the conclusion of the peace my relations with the Emperor of Russia have assumed the character of the most frank cordiality, because we have been in accord on all the points in litigation. " I have equally cause to felicitate myself on my relations with Prussia, which have not ceased to be animated by a mutual goodwill. " The Cabinets of Vienna and mine, on the contrary—l say it with regret—have found them selves often at varianoe on important questions, and it has required a large spirit of conciliation to succeed in resolving them. Thus, for example, the reconsti tution of the Danubian Principalities could only be terminated after numerous difficulties, which have united to the full satisfaction of the most legitimate desires ; and if it is asked of me what interest France had in these distant countries which the Danube waters, I shall answer that the interest of France is everywhere where there is a cause of justice and civilisation to make prevail. In this state of things, then, it was not extraordinary that France should draw itself nearer to Piedmont, who has been so devoted during war, so faithful to our policy during peace. " The happy marriage of my well-beloved cousin, Prince Napoleon, with the daughter of King Victor Emmanuel, is not one of those isolated facts for which a hidden motive must be sought, but the natural conse quences of the community of interests of the two countries, and of the friendship of the two Sove reigns. " Some time since the state of Italy and her anomalous position, where order can only be main tained by foreign troops, naturally disturbed diplo- mace. "It is not a sufficient motive for believing in war whether the one side call it so without 'a legitimate reason to meet their wishes, or whether the other, in its exaggerated fears, chose to show France the perils of a new coali tion I shall remain immoveable in the right path of justice and of national honour, and my Government shall neither be:led away nor be intimidated, because my policy shall never be either provocative nor pusillanimous. Let us keep far from us these false abuses, these unjust defiances, these failings of confidence. Peace, I hope, will not ke at all disturbed. Take up again calmly the usual course of your works. I have explained frankly to you the state of our external relations, and this explanation confirms in all points that which have endeavoured to make known for two months to France as well as to others. You will find, I believe that my policy has not ceased for an instant to be at the same time firm and conciliatory. Also I reckon always with confidence on your concurrence as on the support of the nation which has confided to me its destinies : sho knows that never does a per sonal interest or a wicked ambition direct my actions. "When sustained by the wish—the popular sentiment one mounts the steps of a throne LATEST NEWS. OPENING OF THE FRENCH, THE EMPEROR'S SPEECH The following telegrams have been received from His Majesty the Emperor of the French delivered the following speech to-day, at the opening of the Legislative Assembly : " MESSIEURS LES SENATEURS, MESSIEURS LES " France, you know, has seen during six years her welfare increase, her riches accumulate, her internal disputes become extinguished, her prestige restored ; but, notwithstanding, there arises at intervals, in the midst of this calm and general prosperity, a vague disquietude, a deep agitation, which, with no well-defined cause, seizes on certain minds and injures public confidence. " I deplore these periodical discouragements without being astonished at them. In a society shaken like ours by so many revolutions, time only can affirm convictions, reinstate characters, mild create public .faith. The emotion which has ariEten without any appearance of imminent danger may well cause surprise, for it testifies at the same time, too mush defiance, too much fright. They seem to have doubted, on the one hand, the mode- ration of which I have given so much proof, on the other the real power of France. Happily the mn,ss of the people are far from entertaining the like " To-day it is my duty to display to you again that which seems to have beenforgotten. What has been constantly my policy P To re-assure Europe —to restore to France her veritable rank—to cement firmly our alliance with England— and to regulate with the Continental Powers of Europe a degree of intimacy, in conformity with our views, and the nature of their proceedings via-a-vis of France. " It is thus that on the eve of my third election I made at Bordeaux this declaration, L'Empire c'est la paix. " The Empire is peace," wishing to prove by that, that if the heir of the Emperor Napoleon remounted the throne, he would not recommence an era of conquests, but he would inaugurate a system of peace which could not be troubled, except for the defence of the great national interests. As for the alliance of France and England, I have directed all my efforts to consolidate it, and I have found on the ether side of the Channel a happy reciprocity of senti ment on the part of the Queen of Great Britain, and on the part of statesmen of all opinions ; also to attain this object so necessary to the peace of the world I have trampled under foot on all occasions the irritating memories of the past, the attacks of calumny, and even the national prejudices of my country. This alliance has borne its fruits—not only have we acquired together a durable glory in the East, bat also at the extremity of the world we have lust opened an immense empire to the progress of terity." TURIN, FEB. 5, MADRID, FEB. 5. FRANCE. PARIS, SUNDAY, tons :- 41. per Cents. • 96 --- Do. end month 96 3 per Cents. 67 85 Do. end month 67 85 Bank Shares 2840 Credit Mobilier Do. Account RAILWAYS. THE CALCUTTA AND CHINA MAILS. ALEXANDRIA, FEB. 2. The India and China mails have arrived, with dates from Calcutta to the 9th January ; Madras, 4th January; and from Hong Kong to the 30th of December. By a notification, dated Allahabad, the Ist of January, the Punjab is raised into a separate Pre sidency. At Calcutta the Oude campaign was considered closed. The rebels about Kirwee were dispersed by General Whitlock on the 29th Dec. Rajah Govind and his brother, with about 300 rebels, were slain. All their guns and much cattle were captured. General Benson, after a pursuit of 140 miles in five days, defeated Tantia Topee, at Zagpore, in flicting great slaughter. A telegram from Allahabad, dated the 11th of January, reports from Gwalior that 3,000 of Tantia Topee's force had crossed the Chumbul on their way to Jeypore. The Calcutta import market was quiet. The up-country markets contiue stocked. The Bank of Bengal has raised its rate of in terest 1 per cent. Exchange.—Bank bills, 2s. Old. Baron Gros was still at Hongkong. No intelligence had been received from Lord Elgin. The Cochin China allied forces continued to suffer much from sickness. Exchange at Hongkong, 4s. 7d. The advices from Shanghai are to the 22d of December. Imports were in fair demand. The silk settlements amounted to 3,500 bales. Exchange, 6s. 61d. The te'a-markets continue very firm. The ship Alert was totally lost near Chungwa, and the Mazepp a near Donba Island. THE lONIAN ISLANDS. ) CORFU, Feb. I.—The lonia; Parliament, spe cially convoked, held its first sitting on the 25th, and the following propositions have been submitted to the National Assembly : "PROPOSITION OF MR. DANDOLO. "I Propose the union of the Seven Islands with Greece; and that a memorial be presented by the Assembly to the Queen, and that, through her Majesty, the other Powers be also called upon to accept the proposition. "PROPOSITION OF MR. LOMBARDO. " Inasmuch as the wish of the people of the Seven Islands in respect to its national allegiance has now officially been made known, and by the vote of the Assembly of 26th of November, 1850, with respect to union, both by the publi cation of the unanimous vote of the Assembly under date of the 20th June, 1857, and by the unanimous expression of the departmental councillors and municipal councils on the arrival of the present Lord High Commissioner in extraor dinary mission, which has lately taken place ; " The Assembly resolves that a committee of 11 mem bers be chosen to propose to an Assembly the appropriate plan for carrying into effect the now generally expressed and officially published wish of the people with respect to its national allegiance." _ This resolution was passed in the following form: 44 The Assembly of the Seven Islands proclaims that the sole and unanimous will of the lonian people has been, and is, the union of all the Seven Islands with the kingdom of Greece." Thereupon Deputy Marinus moved, on th e part one is elevated by the most grave responsibi lities above the low region where vulgar interests are combatting, and one has for first motives as for ultimate judges God, Conscience, and Pos- PARIS, FEB. 7. The Moniteur of this morning contains the fol lowing message, addressed by the Consul Genera' of France at Bucharest to Count Walowski. BUCHAREST, FEB. 5, The Wallachian assembly has unanimously elected as Hospodar of Wallachia Alexander Couza, who had been already chosen Hospodar of Moldavia. The forms prescribed in electoral matters by the organic regulations of the country (reglements organique) and by the convention of the 19th Aug. had been strictly observed. The proclamation of the vote was received with demonstrations of joy by the inhabitants. In the evening the whole town was illuminated. The loan of 50,000,000 lires will be contracted by alienation of the Rentes on the public debt of the State. It is currently reported here that the Archduke Maximiliam is about to quit Milan. The Austrian troops, which were distributed between the Adda and the Ticino, have been reunited in large masses at the two extremities, Pavia and Plaisanee. MARSEILLES, FEB. 5. Advices have been received from Naples to Tues day, February Ist inst. The Archdukes Raynier and William and the Archduchess Maria arrived there on the 30th January and departed again for Bari, where the marriage of his royal highness was to be celebrated on the 4th inst, The Neapolitan Government has replied officially to the Council of Advocates respecting the Taranto Railway, in the matter of the seizure of the com pany's caution money. Government declares the Council contrary to law and deserving of censure for having discussed a question which had been already decided by the King, the only judge. According to advices received from Lisbon, the Portuguese Chambers have been prorogued to the 2d April. The Count of Paris has arrived at Gibraltar. VIENNA, FEB. 5. A considerable fall has taken place to-day in all securities. Metalliques and National Loan are 1 per cent lower than yesterday. Lombardo-Venetian Rail. way and Austro-French Railway have declined 9fl BOURSE, Feb. 5. The tone of the market has been rather better. Threes, after having been done at 66f. 95c., rallied to 67f. 45c. Mobilier varied from 740 f. to 760 f. ; Austrian, 540 f. to 545 f.; Orleans, 1,280 f. to 1,295 f. ; Lyons, 820 f. to 825 f. ; Sruthern, 502 f. 50c. to 505 f. ; Northern, 920 f. to 925 f. The following were the last quota- Credit Foncier .-- I Belgian 4f — Piedmontese (5) Roman .— Austrian — Spanish Threes - Home Debt — —. Cash. Account. Orleans .. 1310 .. 1310 Northern 927 50 .. 930 New ditto — . 800 Lyons and Mediterrane an B3l 25 . . 830 New ditto Geneva 540 .. 540 Midi Southern Western 5BO .. 585 Eastern Grand Central .. Sardinian 405 -- .. 405 Austrian Exchange on London, a t s i g ht, p a p er , 25f. Oc. ,• money, 25f. Oc.; three months, paper, 251. 121 c.; money, 25f. 100. " By command of his Excellency. (Signed) " G. F. BOWEN, " Secretary to tho Lord High Commissioner. " Corfu, Jan. 28, 1859." AMERICA. (BY ELECTRIC TELEGRAPH.) SHIPPING INTELLIGENCE. The Ceno Gordo, from Liverpool, cleared at Bermuda for Baltimore 10th January, after repairing. Two steam tugs endeavoured to relieve the South Caro lina, ashore in Mobile Bay, but without success. A despatch from Chariest(in states that the Louise, from Marseilles, for New Orleans, has been lost. S. Curling, hence, at Boston ; Irlict Trundy, h e nce, at Apalachicola; John Bright and Australia, Emerald, and Mary Bradford, from London; Baltic, from Glasgow; Howard, from Hamburg ; Betsey Ames and Sierra Nevada, from Marseilles—at New York ; Ella A. Clark and Rock away, from Havre, and St. James, hence, at New Orleans. LAW INTELLIGENCE-(THIS DAY.) SHERIFFS' COURT. (Before Mr. Prendergast, Q.O ) WHAT CONSTITUTES A BANKRUPTCY.-DUMAINE V. GREGORY. This was an action to recover a small sum of money, but defendant pleaded that the money, if due at all, was due to the Bankruptcy Court. His Honour.---How is that ? Plaintiff.—l cannot say; the money is due to me. I have never been bankrupt. Defendant.—l received a letter from the Bankruptcy Court demanding the money. Plaintiff.—Never, to my knowledge. I live and carry on business in Basinghall-str eet. His Honour.—Ah I that accounts for it. (Laughter.) He fancies everybody living in Basinghall-street to be a bankrupt. (Laughter.) Defendant._ But I received the letter from the Bank ruptcy Court, and it said "He Dumaine." His Honour--well, I dare say it was, but that won't make him a bankrupt. No doubt he has put the affairs into the hands of some clever accountant, who is anxious to show his knowledge of the law. Plaintiff—My clerk wrote the letter demanding payment. His Honour—He is a shrewd fellow then, and finds that " Re" will bring the money quickly. It has not done so here, but I must say that defendant has evinced great scruples to pay,the debt on the score that plaintiff was a bankrupt, for I see that ho has come all the way from Ware to dispute a debt of 6s. 10d. But I should drop the " Re" if I were plaintiff, as it won't do to be taken for a bankrupt because one lives in Basinghalbstreet, and put "Re before his name. (Laughter.) Verdict for plaintitf. POLICE INTELLIGENCE.-(THIS DAY.) MARLBOROUGH-STREET. SHOPLIFTING.—Ann Wilson, of 8, Skin-market-place, Bankside, was charged with stealing 20 yards of French twill and six yards of plaid at the shop of Mr. Bradley, draper, 6, Cranbourn-street, Leicester-square. From the evidence of Harriett Footman, an assistant in the prosecutor's employ, it appeared that the prisoner en tered the shop on Saturday afternoon and asked to be shown some gloves. She selected a pair, and then asked for some calico and other things, and while she (witness) was getting them she saw the prisoner get up from the chair on which she was sitting and take the piece of French twill now pro duced and secrete it under her cloak and then resume her scat. Witness then told Mr. Bradley what she had seen when the prisoner) who, no doubt, heard what had passed, dropped the piece of twill on the floor; and the piece of plaid was also found at her feet. They had both been taken from one pile, and no doubt at the same time. She denied having touched the articles, and en her telling her she had seen her put the twill under her cloak, she still denied it. Ward, A 290, said he saw the articles lying at the pri soner's feet, and on searching her at the station a piece of lining was found on her. Prisoner said she bought that at another shop. The constable said he had made inquiries where the pri soner lived, and the place was principally inhabited by bad characters. The prisoner (who persisted that she was not guilty, and put some questions to the witnesses of an irrelevant nature) was Ulm conuuitted for trial, of the whole Assembly, the following proposition : 44 That a committee of 11 members be chosen to report to the Assembly on further measures for carrying out the order of the Assembly with respect to the declaration of the Assembly as to union." On the proposition of Mr. Dandolo, the Assembly decreed that the Parliament House be illuminated in the evening as the temple of all the seven islands. On Friday a ceremonious levee of installation was held by the new Lord High Commissioner at the Palace of St. Michael and St. George. It was more numerously attended than any former one, and the representatives of the lonian Assembly , who the day before had so conspicuously proclaimed their disloyalty, all hastened to make their salaam to his Excellency. The Parliament assembled at half-past 1 o'clock, and was met by the following official message from. the Lord Hi g h C omm i ss i oner, wh i ch was d e li v ered by Sir G. Bowen, the Government Secretary, at tended by his Excellency's aides-de-camp MESSAGE OP HIS EXCELLENCY THE LORD HIGH Cage MISSIONER TO THE MOST ..NOBLE THE LEGISLATIVE ASSEMBLY. " His Excellency the Lord High Commissioner has been informed that in yesterday's proceedings of the Most Noble the Legislative Assembly there is a proclamation of the Wil l of the lonian people for union with Greece. " The Assembly exists in virtue of the constitution, an d cannot but regulate itself according to its provisions. " The Assembly h as a l so, th roug h i nadvertence, deviate' in another point from the constitution. " It has elected a committee for the purpose of submit' ting to the Assembly the further measures connected wit h the proclamation aforesaid. " The one and only legal method of expressing the desire s of the Assembly is by a petition, memorial, or representa tion,' in conformity with the Constitutional Charter, Chap' VII., sec. 7, art. 8. " By immediately limiting the power of the committee, and by declaring it competent only to suggest and draw 1 1 1 3 such ' petition, memorial, or representation,' the Assembly will be in the path of legality. " His Excellency the Lord High Commissioner, see in g no other possible mode of applying a remedy to the rill s " carriage which has occurred, considers it his duty to gips this information to the Legislative Assembly, and has CO w. fidence in its prudence. LIVERPOOL, MONDAY MORNING. The Niagara has arrived with the Boston mails of the 25th. advices from New York by telegraph, via Halifax, to the evening of the 27th, and 77,569 dols. on freight. The Europa had arrived out. The Senate Committee on Foreign Affairs bad reported in favour of the bill for the purchase of Cuba. The House of Representatives had returned 3 similar bill reported by its committee. The Secretary of the Treasury had opened the offers for the remaining portion of the Loan adver tised in June last. According to advices from Hayti, Soulouque had nearly suppressed the rebellion. The accounts from Fraser River are very much: more favourable. At New York, on the 24th, sterling exchange was firm at 1091 to 1092-, at 60 days. The Bank statement exhibited a slight increase of specie against a reduction of deposits. The capi talwas over 60,000,000. Cotton was steady at , 121,c. for middling Up' [ands. By telegraph to Boston we learn that on the evening of the 25th stocks were firm at the fol lowing quotations :—New York Central, 84 1 1 ; Erie, 141 ; Hudson, 341 ; Harlem, 131 ; Michigan South ern and Northern Indiana, 20 ; Michigan, guaran teed, 47; Panama, 1162; Reading, 491 ; Michigan Central, 521 ; Galena and Chicago, 691; Chicago and Rock Island, 607 i. No change in exchanges. • Freights to Liverpool quiet. (BY TELEGRAPH VIA HALIFAX•) NEW YORK, JAN. 27, Evening. The Bremen steamship New York arrived here yesterday. Our cotton market is dull, and the sales to-day have been quite trifling, dealers awaiting later intelligence from Europe by the Arabia, now due. Yesterday the sales amounted to 1,500 bales. Flour is buoyant and active, at a slight advance in prices. Wheat is firm but dull. Indian corn is dull. Provisions generally are buoyant and slightly dearer, except for beef, which is quiet. WASHINGTON, JAN. 27. The bill providing for the construction of a rail road to the Pacific has been defeated in the Senate. NEW ORLEANS, JAN. 26. The business in cotton has been about 12,000 bales, at 11-Ic. for middling, the market closing firm for best quality. bat ti l l Cell on a , Pe Ditt 4jittl Pr e ,,, Dii ), to 6111) PIA 1 0 • Ork. Ri l Il e kl T tr rB e' ti erew o k.d pr' -4101 wil 44'1: .(I.li oa ny n 0 4111)Ali