The Sun. — London, England, 1859-02-26 00:00:00

MONEY MARKET AND CITY NEWS. CITY, Two O'CLOCK. The Bank of England return, completed to the 23 d February, shows a further addition to the amount of bullion, the total now amounting to nearly £20,000,000 sterling ; the increase, com pared with last week, being nearly a quarter of a million. The reserve of notes has also been augmented to a moderate extent, but owing to the general slackness of trade and the ab sence of speculation, the other securities show a falling off. The public and private deposits have both been slightly increased, but the active circu lation has been less extensive. The return, alto gether, however, may be considered of a satisfactory c haracter. The various items and the changes they present are shown in the subjoined table : Active Circulation .. Z 20,338,485 B Decrease .. • 4 .• • • • 15520860 ullion .. .. 19 9 548 Increase .. .. Rest • • • • . • . . . . ' 205,394 3,302,224 .. .. _ „ Decrease .. • • •. 57,097 Public Deposits .. .. .. 7,819,784 Increase .. .. .. .. 199,529 Other Deposits .. .. 14,617,172 Increase •• •• .. .. 78,274 Seven Day and other Bills .. .. 749,788 Decrease .. .. .. v. 50,160 Government Securities .. 10,696,147 No alteration. Other Securities .. .. .. 16,256,758 Decrease .. .. .. .. 185,708 Notes Unemployed _ .. .. 13,226,00 Increase .. .. .. _ 176,845 Tlie foreign exchanges yesterday afternoon exhi bited a further improvement in the rates on Vienna and Trie'ste. At the Bank of England yesterday there were no bullion operations of public interest. The Orissa will take out £323,690 in silver, for Bombay, and £B5O in gold for Alexandria. In the cotton market at Liverpool yesterday a fair amount of business was transacted, and prices remained without any material alteration. The sales were estimated at 7,000 bales. The official returns relating to trade and naviga tion, for the month ending January 31, have been published. From these it appears that the total declared value of the exports from the United Kingdom for the month was £9,593,423, against £7,221,600 compared with the like month in 1858, showing an increase of £2,371,823. The increase is Perceptible in beer and ale, cotton manufactures, earthenware, haberdashery and millinery, hard- Wares and cutlery, linen manufactures, linen Yarn, silk manufactures, thrown silk, woollen M anufactures, and woollen and worsted yarn. There is a decrease in leather, machinery, railway tan, British spirits, and sheep and lambs' wool. The import a ti ons o f th e p r incipal articles were l a rger as regards live animals, copper, oats, tallow, corn, flax, fruit, raw silk, spices, brandy, unrefined mi gar, tallow, tobacco, and sheep and lamb's Wo ol. There was a diminution, however, in e°e „ °a, wheat, flour, raw cotton, hides, palm o n , potatoes, tea, timber, and wine. The shipping accounts exhibit an increase of the tonnage employed 14 the foreign trade of the United Kingdom for the Month of 82,786 for the entries inwards, and of 47,68 9 tons for the clearances outwards. In the were trade for the month, 102, 289 tons more ;ere employed than in the corresponding month of 185 8 for the entries inwards, and of 119,144 tons for the clearances outwards. Since Monday last the imports of specie have be en about £171,080, and the exports £324,540, e ...Xclusive of the following shipments direct from 'London to the Continent during the week ending r- riirsday last:—Gold coin, Hambro', 40 ozs. ; Belgi lim, 3,000 ogs.; Oporto, 880 ozs.; ditto, 2,000 sow. Tile half-yearly meeting of the Norfolk Railway C ompany was held to-day, at which a dividend on t he consolidated stock of £1 16s. 6d. per cent. for , the half-year was declared out of the balance of re venue_ received by the Eastern Counties Railway C ompany. The quota of net profit awarded to the Norfolk Company out of the joint l'evenue of three associated companies—viz., the Eastern Counties, the Eastern Union, and the Norfolk Companies, was £47,904 Bs. id., being an increase of £786 as compared with the correspond ing period of 1857. The dispute about the inter pretation_ of the contract between this and the Eastern Counties Company is still unsettled. After some discussion the report was adopted. The Money Market continues - very easy, and dm terms remain without the slightest variation. In the English Stock Market a decided improve ment has taken place. A general feeling of satisfaction has been created in all de partments of the Stock Exchange by the e xplanations given by Mr. Disraeli last night upon the subject of foreign politics. An advance has c onsequently taken place in values, and Consols, soon after the commencement of business, ascended t° 66 1 y and 96, but the latest price is 951 for ; money and account. Bank Stock is firm at 230 t he New Threes at 96: 2 ; and the Reduced at 961 Z. Exchequer Bills are 355. prem., and ditto advertised 34 5 . India Stock is steady, at 219 and 22 0, and ditto Loan Debentures at 981 t. Business in the Foreign Stock Market is rather I nactive. Quotations, however, exhibit an upward tendency. Turkish 6 per Cents. are 901 to 914; d itto, New Loan, 801 to sot ; ditto, 2d issue, 51 to 5 Buenos Ayres 5 per Cents. have advanced to 80; Peruvian 41 per Cents., to 94 and 941-; Dutch 2 i per Cents., to 651; Sardinian, to 801 ; and Russian 41 per Cents., to 100. The New Austrian 14 an is 1 to 1 discount. In the Railway Share Market the transactions have been on a very limited scale, and chiefly con nected with the arrangements now in progress for the liquidation of the half-monthly account. Prices generally are firmer, the advance, compared with Yesterday, being about Ito 1 per cent. Caledonians, Eastern Counties, Great Northerns, 01.04 Westerns, South Westerns, North British, and Oxford, Wor cester, and Wolverhampton, have improved 10s. ; Lancashire and Yorkshire, Midland, and North Eastern (Berwick), 155.; and NorthlVestern and South Eastern, £l. The Foreign and Colonial undertakings have been very quiet, but quotations are firm. Lombardo-Venetian have advanced to 6 fur the old shares, and to 81 for the new ; East Indian, and Great Indian Peninsula have each im proved about 15s. Joint-Stock Bank and Miscellaneous Shares are Inactive. Union of London have improved 55., and Ottoman Bank declined ss. National Discount Company are at 41, and Red Sea Telegraph, 81. BRITISH FUNDS —CLOSING PRICES. Bank Stock 3 per Cent. Reduced Annuities ' 961 1 3 per Cent. Consols Annuities Now 3 por Cent. Annuities 96j i I India Stock Ditto Debentures 9Bl I Consols for Account.... March. J Exchequer Bills, £l,OOO, 2d. & 11d 35 1 _ Ditto £5OO. 35 p I _ Ditto Advertised FOREIGN FUNDS --CLOSING PRICES. Buenos Ayres, 6 per Cent Ditt o Account ... . .................. 80 Peruvian 4 1 per Cent .................. 94 Ditto Account .. .. . ................. 91 f Russian, 1822, £ St., 5 per Cent......... Ditto 41 per Cent. .................. 100 Sardinian, 5 per Cent. .................. 801 Turkish 6 per Cent 9l Ditto Account Ditto New Loan Ditto Account Ditto 2d Issue Ditto Account Dividends on the above payable in London. Dutch Exchange, 12 Guil. 21 per Cent 66} TWO O'CLOCK. Consols, Money 9si Consols for Account COVENT-GARDEN IMPROVEMENTS.—The Metro politan Board of Works are taking the necessary steps to Obtain possession of the property required to be taken down to clear the ground for the formation of the new street from St. Martin' ' s-lane o pposite the end of Cranbourn-street, to Covent-garden. Two compensation cases have been de cided by juries ; in one ease, the claimant, a leaseholder, claimed a sum of upwards of £2,600, and after a long trial tho jury assessed the compensation at less than one-third— z7so. In the second case a leaseholder claimed £3,034, and the jury struck off two-thirds of the claim, and reduced We amount to be paid to the sum of £l,oso.—Building New s . IP ALSE'WEIGHTS AND MgAsußEs.—A return now 'idol . ° us gives a list of the " false balances" used in the city of Westminster, in the Brantford divisi on, of Middle sex, in th e G ore Hundred,i and in various districts of the metropolis. The list of cases in which convictions took place and fines were imposed fills a parliamentary paper of 25 pages, but, as the names of the delinquents are not pub lished, we fear that little good will result. The public are indebted for the return to Mr. John Locke, 14.1 ) . for South wark, who did no t, h owev er, so extend the motion as to comprehend the tradespeople of the Transpontine districts. nn, and D do so, £5 note ign for hen the away nt after 100 samo r there, Eng and said c-house ner into that the mted by said the Is in the ;es ; the widence of half -Be me • to the t all last ;factory. is in tho into the ) t said he v a bad the evi- Iner any injuries entitled arrival and 40 Ll treat xe pro ng im ese will )f a few e Royal rders to m, next purpose Forming or East will be Led that arrison, Fairt ucks to Thurs berland er drill. uns and ble pro- Intinues 3eptable 3 hands . Prices ths, and , stocks rders to d. For pollams, buyers, or early s. For Leman& :r it very s above ed. ut firm, rhe im in 60's, Le fourth led "An ;e," cer n.° fixed Dr in re the post, ars were 'reasurY, such let- Commis led in the intituled Lsmission s of post he Post- v's Trea ring date t that on o be sent or by the !ssed to a 3 postage 'ery snob nod ; and der to be xi King d King town, or r postage Le penny, KI should d in the lative to a War 'reasuq• the said all other ffarrant, sets, by wovided the 20th game is, ;he Bove- Lentioned certain d day of and de- KNOX. lay, and )AGE - he City Metro- North )Ol. mgaV . of her •ift oUt, ~~~ WARE - IS DAY.) ORDINARY SHARES AND STOCKS. Railways. Ataberg., Notting. Bost., and Eastern Junction lielfast and Ballymena Bir., Wol., and Str. Val Birk., Lane., and Chesh Junction Blackburn Blyth and Tyne Bristol and Exeter Caledonian Chester and Holyhead Cork and Bandon Cork, Blkrock,&Passage Cornwall Do. A A roves. no div B f until6p.e.per an • (hasbeen pd.toß Dublin andßelfast June Dun.,Perth,& Abr.Junc East Anglian Eastern Counties Eastern Union A Stock Do. do. B Stock Do.Nw.A.(lte.E.U3ds) East Kent East Lancashire East Suffolk Do Edinburg and Glasgow Edin.,Perth, & Dundee. Forth & Clyde Junction Furness Glasgow & South Westn Great North of Scotland Great Northern Do. do. A Stock Do. do. B Stock Gt. South. & Wstn.(lreld) Great Western Do.Str.Vl.Rail Gua.Stk Irish South Eastern Lancaster and Carlisle Do. Thirds Do. New Thirds Lancashire & Yorkshire Do. do. F £l6 Do. do. £9 shares Do. West Riding Union Do. Southport London and Blackwell Do.Newiss. at £slosp. sh Lon.,Brighton &S.Coast London & North Westn Do. Eighths London& South-Westn L'derry & Coleraine L'derry & Enniskillen Man., Shef., & Lincoln Metropolitan Midland Do. Binning. & Derby. Mid. Gt. West. (Ireland) Do. 4 Shares Newtastle and Carlisle New., Aber., & Herefd Newry & Armagh (def.) Newry, Warpt., & Hos Norfolk North. Counties Union North British Nor. Dev. Rail. &Dk. Stk Do.A Stk.— Arec.no div until 6p.c.hasbeenpdß Do. B Stock North-Eastn.--Berwick Do. do. G.N.E.Purchase Do. Leeds Do. York North London N. &S. Westn., Hampstd and City Junction North Staffordshire North-Western No. & Sou. W. Junction Oxford, Wor.,& Wolver Peebles Portsmouth Rhymney Scottish Central Sooth. N.E., Aber. Stock Do. Scottish Mid. Stock Shropshire Union Sittingbourne & Sheer South Devon South-Eastern South Wales SoutbYorks.& Riv. Dun Do. do Staines, Wok., & Wok.. StoCkton & Darlington. Do. do. 1854 Do. do. 1855 Stockton & Hartlepool Taff Vale Do. Preference, No. 1 ThamesHavenDk&Rail Vale of Neath Waterford & Kilkenny Waterford & Limerick West Cornwall W-end Lon. & Cry. Pal Do.A.—Arecv.nodiv.till 7 p.c. has been pd. to B Do. B West London Do. Ist Class Do. 2d Class all 100 31 100 100 100 100 100 16 13 4 100 100 100 33 ls. 17i all all 100 all all all 224 7 161 100 100 100 100 all all all all all all all all Paid. c Don e. Closing Busin ess 6 i 61 8 9 63 65 11 11i 31 33 95 96 841 85; 47i 48 4!a 9 1 9 1 15 16 so} 61i 44 46 28 30 841# la Got 1 1041 5 571 7* 61; 1094 9 70 101 i 21 554 8 921 a 11 ; 13 15 94 96 701 711 27 28 95 97 10 101 105 1051 88 89 137 138 1041 1051 561 57 56 57 85 90 12 13 pi 12 13 pl 96 06i , f id I lids 6 2 - 61 109 110 94 00} 1 d 921 92} 37i 38 d 02 104 76 78 114 12 62 64 3+ 4d 58+ 59 921 )3 1 Id 47. 18 77 ;8 101 103 1 5 4/ d 13f 13i 7 6 29 31 Ll 4 116 27 274 81 85 45 47 3 24 d 37 384 73 13. 13 131 8 11 37 38 72 76 6 6} 21 3 6 6i :ARES, IClosing Price. 49 S 1 94 96 1103 105 125 127 116 .118 6 61 99 102 110 116 108 112 115 117 114 116 132 134 81 83 74 76 113 115 1 20 122 11l 113 1 07 108 64 66 11 11a 93 95 85 87 86 88 99 101 10 10} 16} 17} 1 7 0 3 7 10 5 1 19 20 9} 10 14 14} ,140 142 !120 122 ►163 168 1122: 124_ 68i 70 L4O 142 103 104 96 98 9 1 4 10 11i 12 9 10 12 114 98 99 i dis p d p 23 23i 120 122 111 113 99 101 10 11 24i 25 103 105 103 105 16i 17i 29 30 334 341 48 51 PREFERENCE S Railways. Paid. 25 Blythe and Tyne It per c. pref. (issued at £5O) ( Stk Brie. & Exet.4p.ct.Stock 120 Do. do. do. Shares Stock Caledon £lO, 41 per cent 12.10 Do. Quar. Shares. No. 2. Stock Chester & Holyhd, 51 pc Stock Do. do. 5 p. ct. Cork & Bandon. 51 p. c. Dun. Perth,& Aber.Jun. St E.Angn. Class A 7 & spc Stock Do. do. Class B 6 pc Stock Do. do. Class C 7 pc Stock E. Coun. Ex. 5 pct. No.l Stock Do. do N 0.2 Stock Do. New 6 per ct. Stock Stock Eastern Union, 4 per ct. Stock East Lane. 6 per ct 5 E.& W. York. Jcn. fifths Stock Edin.elialas. 5 pc shares Stock Edin.l'erth,& Dun. 4 pc. Stock Furnes9, 5 per cent Stock West. rr, a. spc Stock Great Northern, 5 p. ct Stock Do. 5 pc Redm.,lop.c.pm Stock Do. 44 p. c. do. do. 100 i Do.sp.c. Redm.,s pc. pm 10 t. Mi. of Scut Id, Ist pt Gt. Sn.& W (Ireland) 4 Stock p. ct. pref. Stock 50 reat West. (Berke and Hants) Ext. 5 p.et. Do. Redeemable, 41 p ct. Do. Redeemable, 4 p. ct. Do. Irredeemable, do Do. 5 p. et. Redeem. Pref. Do. Birm. Prof. Shares at West. Ches. 8 p.c.pf. shares Do do. 5 p. ct. pref Do Birming. guar. stock Do. Chester guar.shares Do. do. do Do. do. do. Lan. & York 6 p.c. stock Lon.&Brig.spc. gll. No.l Do. pref., 5 p. c. ...No. 2 Do. New gua., G p. ct. Do. do. 5 p. c. No. 4 Lon.& N. W.Cov. &Nun eaton, 5 p. ct. Lon.&S. W, 7 pct. stock, lete 3d shares Londondy & Cole, 1 she. Londondy.& Ennis 1 sh. Man.,Sh., & Lin., 6 p. et. Do. 26 Do. 31 per cent. Maryport & Car., 4 p.c. Do. 4 per cent Do. Mid. Con. 6 p. c. Stock . Do.Con.Bris.&Bir.6p.ct. Do. 41 p. c. pref. stock Do. with option till 1860 Do. Leic. & Hit.pref. st. NewportAber,&c.pref.s p. c. redeem, at 5 p. c. pm Do. Perpet, 6 p. c. with option till 1866 Norfolk Deb. 4 p.e.shares Do. 5 p. e. Ext.Stock,lB46 Do. 54 p. c. Pref. do. 1847 Do. Way.Val.Ex.Sk 1847 North British, 5 per cent Do. New, gua. 5 per cent Nth.Dev.Rait& Dsk.Co. N-East. irred. 4 p.c. Deb. Do. Berwick, 4 p. c. Pref. Do. do. do Do. Leeds, 6 p. c. No. 1 Do. do. Quarters, 1846 . Po. York, H. & S. Purchl North Staffordshire . Ox. Wr. & Wol. 6 pc. Ist g Do. do. do., 2d gua Do. 44 p.c. Db. stk.in perp Scottish Central, new pi Scottish N.-Eastern deb Do. 31 per°. pref. stock Do.Aberdeen.gua.6 pc. Do. 7 p. e. pref. stock. South Devon, Ann. 108. Do. Fixed 41 per cent. South Eastern (Reading Ann., 1.0.6.) Do .41 per cent Do. Fixed 41 p.c. Ist is Do. New do., 2d issue South Wales, gua. 4 p.c Do. 41 per cent S.-Yorkshire, 4 p.c. gua Stockton and Dar. 5 p.e ' Do. 6 per cent Waterford & Kilkenny, 6 per cent. Stock Stock Stock Stock Stock! 28} 13i 20 Stock Stock Stock Stock Stook Stock Stock Stock Stock Stock Stock Stock Stock Stock Stotki Stock' Stool Stock Stock Stock ' 10s. Stock Stock Stock Stock Stock iii 1 100 6 100 100 100 100 all 25 25 Stock LINES LEASED AT FIXED RENTALS. Railways. Paid. Leasing I Closingl Business Co.'s. Price. I Done. Bedford and Bletchley Buckinghamshire .... Clydesdale Junction.. Colchester. Sour Vat E.Lincolnshire,g.6p.e. E Union,lTarAvicliShs. Do. Woodbridge ... Gls.Barr.&Neils,Drct ILn & N.W 1Ln.16 N.W ,Caledonin lE.U.SLE C I Gt.North. E.Counta. Do. New Gloster& Dean Forest FL artlpool.Dek.&ltail 1 Ilull and Selby Caledonia Do. Gt. West Yk.N.&ll;• Do. Do. S. East Do. Peto &Co Do. .... , Not :01k Do. LN W&M Do. Shareg Do. I Shares London&Greenwich Do. Preference Lon.,T il by. &Soutend Do. Barking Shares Lowestoft, gua. 4 p. ct Do. 6 per cent Manc.,Buxtn. & Matk. 111idsb.& It edcr, g. 6 .c. Mid.BradfordPrf. Stk. Newmarkt.,BuryEx I guaranteed 5 p. c. Northn.& Eastn. 5 p.c. Do. do. 6 per cent. per cent. Do. Fixed 5 P res ton and Wyre. Do. Shares A. Boys tn , Flitch.,& Shen Shf. I toth. &G01.g. 5 p.e. Sh rew sbry& llt4eford South Staffordshire .. Wuer Valley, g. 6p. c., Do. do Wilts and Somerset Wimbledon& Croydn Stk.ttiiii Midland . N.Counts. Do. Do. Do. L.UN W) L.Yk. ) all all all a 100 1 l ,Gt. North. is 11 6' Lan.& Yk all T Brassoy all M'Clean . all Stk.& Dar all Do. 100 Gt. West. I all L.ddirgtu 9 1 41 11 11, 90 92 8 9 DOCKS Share Docks. Stockleommercial lOO -- Stock DO4 perCent.Pref.Alin lOO Stock East and West India.— 100 Stock London lOO Stock St. Katharine lOO Stock Southampton lOO -- Btock Victoria 40 no New lB Cl os i ng Business I Paid p r i ce . Dose. 98 100 103 105 17 IS 1 , 3 195 4 4i 111 113 6.5 674 !15 120 90 92 2 1! 98 1(.0 i i P 58 60 1 1142 144 Share 5. 5. e. all Business Done. 90 11 904 99} 81 9 Pm THE SIN, LONDON, SATURDAY EVENING, FEBRUARY 26, 1859• Share] Railways. Paid. Clot: Lug I Business Price. Done. Antwerp & Rotterdam' Ardennes Bah.&S.Fran.,Lim.7p.c Rel Van East. Junction Beziers to Graisscssac Carmeaux Mine & Rail Dutch Rhenish Eastern of France ...... Euphrates Valley Great Central of France Gt. Luxem., Con. she Italian Junction Lake Constance & Bale Lierre and Turnhout Lombardo Venetian q 6i 1d i 7 8 11 2f 5 41 -- I - PI 61 (4 t tpl Lucca & Pistoja, sp.c.pf. Lyons and Geneva Maria Antonia Do. do. New Namur and Liege Do. do. 6 p. c. Pref. Northern of France Do. New Shares 8 191 8 i 2011 37 371 — P 81 9i 4 2 ft 331 331 52 53 / df Norwegian Trunk Pref. Ottoman, gua. 6 per cent Paris,Lyons, and Medit. Paris and Orleans ...... Recife& S. Fran. (Peru.) gua. 7 p. et. (Lim.) ... Riza and Duniburg.... Rome and Frascati .... Roial Danish Royal Swedish Do. 7 per cent. Pref. Sambre and Meuse Do. 5i per cent. Pref. Southern of France West Flanders V 1 7k 9k 9 20 204 9 94 23 24 Do. 5i p. c. Preference . W. & N.W. of France Western of Austria Western of Switzerland Wiesbaden Do 8 per cent. Pref Zealand Agra&UnitedServiceßk Australasia Bank of Egypt Bank of Loudon Brit. Col. Bk. & LoanCo British North American Chtd. Bank of India, acc City Colonial Corn. Bank of Canad:l Commercial of London Eng., Scot. ' & Aus. Ch Gen. Mr. of Switzerland Lon.Char.Bk.ofAustral. London and County London Joint Stock London & Westminster. Nat. l'rov. of England. Do. new National Bank New South Wales Orient. Bk. Corporation Ottoman Bank Provincial of Ireland Do. New South Australia Do. New Union of Australia Do. New Union of London Unity Mutual Western Bk of London 100 100 20.11. 100 1 11' 00 20 Anglo-Mexican Mint Atlantio Tel. (Limited) Australian Agricultural Australian Royal Mail . Berlin Water Works Do New, issued at .C 5 die British American Land Brit. & Irish Mag. Tel.A. Do. B, 7 p. c. till 1862 Do. C. Canada Land Chan. Islands Tel.(Lim ) Cop.Min.otEnv,".&Smiti, Do. Preference 71 per ct Crystal Palace. Do. Preference Eastern Steam Electric Telegraph Eng. & Aust. Cop. St. Co. Europ. & Ind.Junct.Tel. Europ.&Am.Stm.(Lim.) GLlron ScrewCol.(Lim Gen. Steam Navigation. London Discount 100 10 Stout Stock Lond.Gen. Omnibus Co. Mediter. Electric Teleg. Med. Exten. Tel. (Lim.: National Discount Co Netherlands Land Do do DoBp.c.Pref.,iss.at ldis N.Br.&NovaSeotiaLand N.B.Australasian (Lim ) North of Europe Steam Oriental Gas Do. New Shares Peel River Land & Pen. & Oriental Steam. Do. New Red Sea & Ind. Telegr Rhymney Iron Do. New Royal Mail Steam Soot. Austrin. I nv.(Lim ) South Australian Land Submarine Teleg. Sorip Do. do Registered - kTr.& Ln.Co.of Upr. Can. Vau Diemen'o Lana all all all 15s. all all 251 251 I 1 d i 16i 17 211 22} 21 22 20 19 d 12i 131 220 250 32 34 / 1 4 31 38 40 19 21 13 15 120 126 9 10 24 25 1! 151 :01 103 1I lidl 14 II d' 14 7 11 d 1 2 1 14 I i 1 ale par 21 3 84 851 12 13 p pa 26 r ip 25 71 71 62 64 120 130 36 38 1 t 1 9 11 211 f 534 4 2i Bk27i countries. Most of the appointments that had been made ful ktely were promotions, and he maintained that they were t - such as were calculated to confer benefit on the public so vice. ..ight be vote no employed advantageously as pioneers, _ opacity of Mr. WYSE thought that resident me i r n ch t a h n e ft Ir vice-consuls. Last year they were called. J require to f t o r thisthe consular year t establishments hsy w ancould h, 7 ... a on China, t o insular appoint n.ls,oodooub id the conduct of grant a large amount for the or 4 ,,0 Cairo from Naples, ments in Japan. He strongly deprecate Go vernment in sending Mr. Barber which was like sending him from Yteaven to hell. (Laugh ter.) His services should have -secured him a better ap pointment than to -a climate.vedich WaS so unhealthy that his wife and family could not accompany him. After a few words from Mr. S. FITZOERALD and Lord PALMERSTON, the subject clipped. STATE OF EUROPE. On the motion that the Speaker leave the ehair and the House resolve itself into a Committee of Supply, Lord PALMERSTON rose and said—Sir, I rise, in pur suance of the notice which I have given, to make some few, and I promise the house they shall be very few, observe vations upon the state of affairs on the Continent, and also to ask her Majesty's Government Vaether they are in a condition to make any communic:ation which shall encour age the hope that the general peace of Europe will be pre served. I can assure hon. gentlemen opposite that I take this step in no factious—l may say, no party spirit. (Cheers.) Ido not wish to create any embarrassment to her Majesty's Ministers. What I desire to do is to perform a duty which I think incumbent on the House of Commons —namely, to inquire, in the present state of things, wlyat are the prospects to which this country can look forward in regard to the coming spring. Sir, it is needless to attempt to disguise that there is a general apprehension, 'not in this country only, but throughout all Europe, the :t the ensuing ,spring will be marked by great conflicts 3- ,etween military Powers. The last communication whirl we had from her Majesty's Government on this subje.ot was that which fell from the right hon. gentleman t! Chancellor of the Ex chequer on the first night of the session, now more than three weeks ago. What he then stated was that the con tinuance of peace was not absolutely hopeless. He, indeed, qualified that observation afterwards iu the course ,of his speech ; but it was evident that such was the impression at that time resting on his mind. I think, therefore, that I am not taking an undile liberty with the house in giving to the Government an opportunity of saying whether that is still the impression under which they labour, or whether anything may since then have intervened which imparts a morsocheerful colour to the aspect of affairs, and en courages them to hope where hope before was not abso lutely out, of the question. Sir, I do not blame the Government for having hitherto made no communi cation to this house. It is not tho practice, nor do I think it the duty, of her Majesty's Ministers to volun teer communications except when some event has hap peed of sufficient importance to justify that step. But it is, I hold, the duty of the members of this house, in mo ments of great uncertainty, great public anxiety, to gi ve t o the Ministry an opportunity, by interrogatories put to them, of making such communications as consistently with their responsibility they may think it expedient to offer for the information of the country. if they are enabled to state from the relations between us and foreign Powers, or from the relations subsisting between the different continental States, thero is a fair prospect and hope that peace will be maintained, that is an announcement which would be highly satisfactory to the public and most useful to all the com mercial classes of this kingdom—(cheers) —who are now about to make their arrangements for the ensuing year— arrangements which must greatly depend on the pro bability whether they will be encouraged by peace or thwarted by war. On the other hand, it her Majesty's Government are in possession of knowledge which compels them to say they are greatly afraid that all attempts to pre vent hostilities will be vain, then I say " forewarned is fore- , armed." Better that the truth should be known, bett - cr that commercial men should understand the positir i n in which they are placed, than that they should be le,a to take steps in tho dark, and perhaps afterwards find themselves on the brink of an abyss. What, then, is tree ground on which I think it necessary to put this question to her Ma jesty's Government ? Why, we know that from ono end of Europe to the other there is not only great expectation of some approaching conflict, but that Governments are arming, that vast preparations are making for warlike enterprises—that armies are collecting, I will not say being increased, because most of the great military Powers of the Continent have been maintaining in time of peace a force ready for the outbreak of war—that military stores are being accumulated, cannon - casting, horses being bought, troops moved from point to point, fortifications raised, ships being equipped, transports got in readi ness. All these things indicate an anticipation on the part of the Governments engaged in them that in the course of the ensuing spring and summer they may be called upon to make some great military or naval efforts. This being the state of the case, one naturally asks one's-self, what is all this about ? what is the cause which has led these different Governments to make those extensive preparations ? Is it the fact that any one Power has given to another great cause of offence, or inflicted some great In jury for which redress has been demanded and refund,— that honour and dignity on the one side are committed against honour and dignity on the other, and ttiat there fore nothing is left but to submit the ground of quarrel to the arbitrament of the sword ? Sir, I am. not aware that any such cause exists. (Cheers.) I have yet to learn that between any two great Powers of Europe there has arisen atircrenee which would i lustifx . S or require an appeal to arms. (Iteneweu (ulcers.) en K myben, nas any great Power manifested an intention to set aside those treaties which form the groundwork of the existing settle ment of Europe by making an unprovoked aggression upon any of its neighbours ? To begin with France,—l cannot suppose her to entertain any intention to commit a wanton violation of treaties, because, while it may be true that the treaties of 1815 were not altogether such as the French na tion might wish—although they left France untouched as one of the greatest naval and military Powers of the conti nent, although they left her powerful by her natural re sources, by the intelligence of her people, by all her means of offence and defence—l say whatever the French nation might have thought of those treaties, every successive Go vernment in France from the year 1815 down to the present hour, whether that Government has been monarchical, re publican, or imperial, has respected and observed those - treaties with signal good faith. And I have yet to learn that there is any reason for imputing to the existing Government in France any intention to depart from the loyal conduct which has hitherto characterised the rulers of that nation. (Cheers.) Then, is Austria going to break these treaties—Austria, who rests upon them her title to the possessions to which, unwisely I think, she in point of fact still clings ? (Cheers.) Is Austria likely to set an example of breaking the engagements to which she appeals as the title deeds of some of the territories that she prizes the most? I cannot believe anything of that kind. Is Austria likely to enter into an unprovoked conflict with Sardinia ? The Austrian Government must be too wise to contemplate an undertaking which, whatever might be its first result, must ultimately end in great discomfiture and disaster. (Cheers.) Well, is Sardinia preparing to commit an unprovoked breach of those treaties—Sardinia, which holds by these very stipulations the possessions which are tho chief source of her wealth and prosperity. (Cheers.) I cannot believe that the sagacious monarch who rules Sar dinia, or the wise Minister who governs under his Majesty, can contemplate anything so wild and insane. Then, as to Russia and Prussia, surely they have no intention to dis turb the peace of Europe by a wanton and unprovoked in fraction of treaty. But if there is no question pending between any of these Powers which would naturally lead to war-Lif there is no design on the part of any of them to violate the treaties which form tho settlement of Europe—what is it that has produced the general impres sion which prevails as to their disagreement and their pre parations for an appeal to force ? Sir, I think we must look for the cause of all this to the state of Central Italy. (Hear, hear.) It must lie in the ancient rivalries and jealousies which have so long existed between France and Austria in regard to Italy, and which have now been brought into moro active operation by the joint occupation of Central Italy by the troops of these two Powers. That, in my opinion, is the only point to which we can refer the anxiety that exists, and the preparations of which we are told. That occupation of Central Italy, which began under excusable reasons, and was meant to be only temporary, has now continued for nearly 10 years. It is now high time that it should end—(cheers)—and if it bo that which is the real cause of these jealousies and differences between two great military Powers, why the obvious and ready method by which the general uneasiness of Europe can be calmed down, and any contest between France and Austria avoided, would be their mutual and simultaneous evacuation of the States . of the Church, and their retirement within their own respective frontiers. (Renewed cheers.) Sir, I know only that which everybody knows; but I should say that the French Governmentmust feel the embarrassment of their present position. I should think that if either party showed a disinclination to assent to such a mutual retirement, that disinclination must arise on the part of Austria—on her part, I must say, from a nus taken..aiew of her own interest as connected with this ques tion. It is said that Austria may think if she withdraws from the Papal dominions that a revolution would break out ; that the flame once kindled, it might extend within her own boundaries; and that the only way to guard herself against danger, therefore, is to maintain the occupation of the Roman States. Sir, I believe that t o be a shortsighted a ndif fallacious my neighbour's argument. h a h (Cheers.)seis about tot i t a s k u re firege d indeed, ahahld that not wait till the conflagration has broken out, but must go into his how to prevent it. Now, I would give different advice. I should say — " Make your own house . fireproof by good government—establish an efficient fire brigade within your own premises, and let your neighbour deal with his house in the same manner." (Laughter and cheers.) But why should this misapprehension be entertained? Why should the occupation of the Roman States by a large foreign force be necessary for the preservation of tranquil lity ? Has not the Roman Government troops of its own. (Cheers.) Has it not Roman soldiers to maintain order ? But it is said, " Every Roman soldier is against the Go vernment, and if an outbreak were to happen they would join the insurgents, instead of supporting the Government." Why, sir, do those who maintain that argument consider what a reflection it contains—(hear)—that the Government is so bad that it cannot find in the whole population a faith _ body to defend it against insurrection ? Then they nave the Swiss troops , but they say, "The Swiss, tee, would join the insurgents." The Swiss, who are faithful to the tyrannical Government of Naples—who stood by their employers in that State with a fidelity which, in fact, =din truth, was praiseworthy, although, perhaps, misapplied in that particular case—(a laugh) —are we told that even they will not stand by the Roman Government in the event of an insurrection ? Why, Sir, if that be so, it is the greatest condemnation which can be passed upon the Government of Rome ; but that that Government is so bad that neither native nor foreigner in its pay can be induced to support its authority is no reason why France and Austria should be there to maintain it. (Hear, hear.) But it is said that these are Catholic Powers, and that it is their duty to sup port the head of their religion. Why, Sir, am Ito be told that it is essential to the ecclesiastical and spiritual autho rity of the head of a large section of the Christian Church that a Government should be maintained which is so bad that it condemns two or three millions of its subjects from generation to generation to civil and political martyrdom ? That is a libel upon the Datholic Church—(hear)---and so far from thinking that the maintenance of such a Govern ment is any advantage to that Church, I am persuaded that a reform of the administration of the Roman State would be beneficial both to itself and to the Catholic religion. In deed, I have heard it seriously argued that as a Pro testant, ought not to endeavour to procure an improvement in the administration of Rome, because the bad character 'which the Roman Government has obtained is an advantage to those who differ from the Roman Catholic belief. I can not see that that is any reason why a Protestant should not wish for an improvement in the temporal arrangements of the Roman States—(hear)—but I am sure that it is an additional reason why every good Catholic ought to desire such an improvement (Hear.) Well, /then, if this is at the bottom of the differences which have led to these mili tary preparations, and I am myself unable to see any cause except this mutual jealousy between France and Austria, I say that the Government of Great Britain is in a position in which it may be able, by the exercise of its good offices and the influence of its sound advice, to render most im portant services to Europe. We are in intimate alliance with the Government of France, we are on the best possible terms with the Government of Austria. Neither of these Governments can suspect the motives which may actuate us in the endeavour to produce an accommodation; neither of them can believe that we should advise it to take any step which would be inconsistent with its honour or wou ld im pair its dignity ; and therefore both must be willing to ac cept our counsels in the spirit in which they aro given. Whether they adopt them or not depends upon their own disposition, but there can be no reason to prevent the Go vernment of this country taking such steps in negotiation as they may think calculated to avert the evils of a general war; and I cannot but hope that her Majesty's Government is taking the course which may produce such a result. (Hear.) We all know that Austria has certain treaties with the States of Italy. These treaties, I believe, contain engagements of two kinds—one to protect them against ex ternal aggression, and the other in certain cases to afford them internal assistance. Nobody would ask Austria to forego the first of these engagements. Between the ruling families of many of the Italian States and that of Austria there are relationships and consanguinity which would pe culiarly justify engagements for mutual defence; but, even without that inducement, nothing is more common than that a powerful State should feel it its interest to make en gagements with a weaker one for the defence of the latter against hostile attacks. •We have our engagements with Portugal; Austria may justly have her engagements of the same sort with some of the Italian States. But the other engagements, those which go to interference in the internal affairs, of the States, are such as Austria might, with per fect honour, and perfect dignity, put an end to ; and unless these engagements cease I am afraid that a momentary evacuation by France and Austria would be an act that would produce no permanent effect. "Unless it was clearly established that the French troops and the Austrian troops should go away, never to return, except in the case of foreign war, the mere momentary evacuation would be of no perma • nent avail. (Hear.) Sir, I know it is urged that these States, especially the Roman, say, "For Heaven's sake don't leave us ; because, if you do, we shall be liable to the greatest disasters." Why, that is very like a story that we have all heard of a nobleman, a relative, I believe, of a member of this house—a generous and kindhearted man— who, walking one day in the park, was accosted by a labour ing man, who, telling a piteous tale, said, " If your honour don't assist me I shall be driven by desperation to do that which nothing but despair would induce me to do." The nobleman gave him half-a-coven, and then, retiring a few steps, said, " Now, my good man, what was it that you would have done if I had not relieved you ?" " Why, sir," replied the man, "cannot you guess it ? I should have been compelled to go and ask for work, and nothing but the depth of despair would drive me to commit such an act." (Great laughter.) So say the Roman Government, " For Heaven's sake don't leave us, for if you do the greatest of all possible calamities will befall us," and if you were to ask them what the calamity is, they would, if they told the truth, reply, " Why, we should be compelled to reform our administration—(cheers)—and that is what we should consider the greatest of all possible calamities." For my part, I think that they ought to be loft to that greatest of all possible calamities—(hear, hear)—and that any arrange ment which would be calculated permanently to secure the peace of Europe must be founded, first of all, upon the re tirement of foreign troops from the central States of Italy— ' (h a l : , .I.lSYka-igninirg,t,hLeraaglnte-Ilitiiitiatutihrigys,huopujii an endeavour by friendly advice to procure an improvement in the administration of those States. (Hear, hear.) In tendering that advice we should not be doing it for the first time. In 1832 England, France, Austria, Russia, and Prussia all united to give good advice to the Roman Government. It is unnecessary to go into the details of that counsel ; but it was advice which, if taken, would have afforded contentment to the bulk of the Roman people, and would have rendered unnecessary many things which have occurred since. Ido not mean to say that any reforms or any alterations would entirely and effectually prevent desperate men from raising occasional dis turbances. The best Governments are subject to those inconveniences. We have had our cabbage-garden rebel lion; we have now our Phoenix Society. We have had our Chartist riots, we have had our Canadian revolt, we have had our Indian mutiny, but the bulk of the people being satisfied with the Government under which they lived, these temporary local and partial disturbances have been put down by the strong hand, and no danger has been in curred by the institutions of the country. (Chem s.) So would it be in Rome if a good and enlightened system of ad ministration were established. There might be desperate men who here and there might produce disturbances, but the bulk of the people would be contented with the Govern ment, and no serious danger would thereby occur to the state. Well, sir, I would therefore venture to submit, as an individual opinion, that if her Majesty's Government were to succeed in obtaining from Austria and France by negotiation, by friendly advice, the evacuation of the Ro man States, and an engagement that, come what might, they would not return, they might then address themselves to the four Powers, and unite in a repetition of that which took place unfruitfully in 1832—an endeavour by friendly counsels to procure such an improvement in the condition, not only of Rome, but also of the other smaller states ci Italy as would secure the future tranquillity of those coun tries. At all events, whether such efforts were successful or not, the British Government would have done its duty, and would stand acquitted whatever might be the conse quences. (Cheers.) Well, then, sir, in the interests of peace I make the appeal to the right hon. gentleman and his colleagues. I have chosen this opportunity of doing it because I felt that the spring was coming on fast, that the period for commercial enterprise on the one hand, and for military operations on the other,was nearly approaching,n e a s nd that delay might expose me to the imputation of supineness. (Hear, hear.) I felt that no one would blame me fori s. nteaking this step so soon; that many might justly find that this fault with b me for having delayed it so long--(h ea r, hear) was a peculiarly fitting moment to do it, because, of those when the house is about to enter into the consideration for the defence estimates which are intended to P of the country, we are entitled to know summer—(cheers) w how we stand with regard to the prospects:of the coming —whether we aro to expect to see a conflagration involving all the countries of Europe—for if the flame begins in one corner there is no sayingthat it may not extend over the whole surface of the continent—whether, in the opinion of her Majesty's Governme nt, wo ato expect doubt render it necessary f or a state of things which, if it occurs, m a y no this country to collect its strength and to watch events in order that it may be prepared to exercise its influence where it would be most effectual ; or whether, on the contrary, there is such an appearance of the approach of tranquillity that wo may look only to what would, under ordinary cir cumstances, be the peace establishments of the country, always securing that reserve which a w i se G overnment would maintain in order to be prepared for unforeseen cir cumstances. (Hear, hear.) I think, therefore, the Go vernment will see that in the spirit in which I have made these observations there is no desire to embarrass, no party feeling—(cheers)---but that I am giving them an opportu nity, which, perhaps, they could not with propriety have sought of their own accord, for calming—if they are able to do so—the public anxiety in regard to the state of the con tinent. (Hear, hear.) If it should please the Government to say that communications are going on which would ren der it impossible for them consistently with the public in terests to make any statement at all, I, of course, would be the last man who would not accept such a declaration on their part. I should infer from it, on the contrary, that their hopes preponderate over their fears—(cheers) —and should certainly not say or do anything which might tend to prevent the accomplishment of the object wo all have canin view. (Cheers.) Sir, that being all I have to say,s c only add that I have chosen this particular ain be cause I feel that any great discussion upone i n convenient to matters are hanging in so nice a balance might b the public interests. have, therefore, n ot given notice of a motion for any papers; I have not any lengthened discussion coul d arise chosen a day on which but I have purposely selected an occasion when this house is anxiously waiting to hear the statement of the First Lord of the Admiralty upon a matter of the u tmost national importance, and when, therefore, the few observations which I . have made will pro bably draw some statement from the right hon. gentleman opposite, but when they are not calculated to lead to a gene. ~•~. } • ( rat discussion; for it must be obvious to all that, with the ) different views which many gentlemen take of these que: tions, and with the imperfect information which we possess, things might be said that might tend to thwart the very objects which we all have at heart. (Cheers.) I believe the whole country and every man in this house wishes for the continuance of peace, not from any fear of the dangers that war would bring upon us, but from a sense of the general inconvenience to which all nations would be subjected by the occurrence of hostilities, and from a desire that Europe should continue to enjoy that state of repose which tends powerfully to promote its commercial interests, its intellec tual progress, and the happiness and welfare of its people. (Loud and general cheers.) The CHANCELLOR of the EXCHEQUER—Sir, I am not surprised that the noble lord, occupying the position in this house of leader of the Opposition, should have availed himself of this legitimate occasion, in the present critical state of affairs, to make the inquiries which he has addressed to the Ministers of the Crown. I feel it quite unnecessary to assure the noble lord that we acquit him upon this occa sion of even the possibility of being influenced by any party feeling in the course he has pursued. (Cheers.) I hope, sir, I mayappeal with confidence to the conduct of gentlemen who sit on this side of the house at a moment of great diffi culty—l mean before the late war occurred—as a proof that it is possible to conductan Opposition in this couktry without a want of patriotism even in the most critical times. (Cheers.) Sir, the state of affairs, no doubt, fully j us tifi es th e no bl e lor d in the inquiries which he has addressed to us. It is notorious that military preparations aro taking place in various parts of Europe. It is notorious that the res ources are being mar shalled of two, at least, of the great military Powers of the continent; and, indeed, I cannot contemplate a juncture which would render it more justifiable on the part of an individual occupying the position of the noble lord to ad dress an inquiry to the Ministers of the Crown, or one which would render the House of Commons more sensible that we have a duty to fulfil, however anxious we may be to exer cise all that reserve which the circumstances may appear to require. (Hear, hear.) Sir, I entirely agree with the view which the noble lord has taken of the position of the great Powers interested in the settlement of 1815. I think the noble lord has shown, in a lucid and satisfactory man ner, that it cannot be tho interest of any of those Powers to disturb that settlement. (Hear, hear.) It is my belief that it is not the wish of any of them to do so. (Cheers.) But I agree with the noble lord that there are circum stances in existence, that there is an anomalous state of affairs brought about in Italy, which might lead to very disastrous consequences, and might even occasion war, although the object contemplated at the commencement of hostilities might not be a desire to challenge or impugn the settlement of 1815. (Hear, hear.) Sir, the noble lord has given us a lively picture of the military preparations that are now taking place on the continent. Allow me to assure the noble lord that when all have been so stirring and so active her Majesty's Ministers have not been altogether idle. (Cheers.) We have endeavoured, to the best of our ability, and with the utmost vigilance, to take that course which we believed, in the present difficult position of affairs, was conducive to the maintenance of the general peace. (Cheers.) We have appreciated tho importance of what the noble lord has rightly described as the favourable posi tion which might be occupied by this country between the two Powers to which he referred. We possess, and I hope we shall long possess, an intimate alliance with France. We are, as the noble lord truly observed, on terms of cor dial understanding with Austria. We are, therefore, in a position in which we can offer advice and counsel of which the motives cannot be mistaken. We have given, and we have received, proofs of friendship from both of these powers, and we have no ether interest in their good understanding in the present , instance than that which all States must havein the maintenance of peace. (Cheers.) Sir, the noble lord wishes to. know whether it is in our power to make any communication to the house as to the present state of affairs. The ,noble lord has very liberally and generously admitted that if it is not in our power to make any communication—if we state that it would be in convenient and injurious to the public interest to make any communication—he will not only not press us to do so, but will give us credit for doing our duty to our Sovereign and our country, and take the most sanguine view of the future which circumstances may render possible. (Hear, hear.) Sir, I have satisfaction iu informing the noble lord and the house that we have received communications which give us reason to believe that ere long the Roman States will be evacuated by the French and Austrian troops, and that too with the concurrence of the Papal Government. (Loud and prolonged cheering.) Under these circumstances Lord ' Cowley, who enjoys the entire confidence of her Majesty's Government, has repaired to Vienna in a confidential capt city. The house will not expect me to enter into as to the precise character of his mission, or of the instrne,- tions which her Majesty has been pleased to' give him. (Hear, hear.) Enough for me to say that his mission is one of peace and conciliation. (Cheers.) Now, sir, I hope I have treated the house with candour upon this occasion. (Hear, hear.) I trust, therefore, it will not misconceive the spirit in which I would venture to make ono other re mark. Sir, the proceedings and debates of this house are nicely scanned in foreign countries. (Hear, hear.) Ex pressions used in our freedom of discussions aro subjected to interpretations very often which the speakers themselves never contemplated. (Hear, hear.) It is impossible to say what might be the effect at the present moment of a heated debate or an indiscreet phrase. (Hear, hear.) I trust, therefore, I shalt not appeal in vain to the house when I impress upon it the importance of postponing dISCUSSIOTI Oil tins et". lam incocut. kt.iteerb.) can, on behalf of her Majesty's Government, assure the house that every effort will be made on their part to main tain the general peace, and I can assure the house also that it will be on principles consistent with tho dignity and wel fare of Europe. (Ch6ers.) Lord J. RUSSELL, who, by dropping his voice at the end of each sentence, was partially inaudible, said,—l am ver3l glad that my noble friend the member for Tiverton has matte the inquiries which he has done. I was quite sure th&t he would make those inquiries in a spirit which would tend to the preservation of peace, which would be becoming 'his position, and be for the interests of Europe. (Hear.) And now, my noble friend having made those inquiries, I congratulate the house upon the answer which they have elicited. (Cheers.) It was a matter of great anxiety to know, in the first place, whether her Majesty's Government took that view of their position, that they were in a favour able situation to use their influence, and to give their ad vice to the Powers between whom these differences have arisen—to tell both France and Austria what was, in their calm and deliberate view, the situation of the affairs of Europe. I rejoice to find that her Majesty's Government have taken that view of their position. (Heat.) I think it was an advantage which was not to be forgotten. But, in the next place, we have heard from the, right hon. gen tleman not only that declaration, but that advantages have already flowed from the interposition which has taken place—(cheers)—that it is the intention of those great Powers to evacuate the Roman territories- -t though it is also the intention of her Majesty's Government, such influence as in their opinion may be most conducive to ti general peace. (Cheers.) Now, sir, I shall expect from the calm sagacity and intelligent prudence of Lord Cowley everything which diplomacy c an effect. (Hoar.) Of course, I do not wish to say anything as to the terms which may be agreed upon. With regard to the terms which may be fit to be accepted by Franco and Austria, it is for those Powers to decide, and n o doubt their honour will be sufficiently warded. But there is another country, with respect to which I would wish to make one, and only one, observa tion. It has frequently fallen to my lot--it has frequently appeared to me to be my duty —to call the attention of this house to the state of Italy, as a state which at ono time or other must, if the danzer were not sufficiently provided against, become perilea to the peace of Europe. (Hear.) But at this time I have only this observation to make—l observe that in the Senate and Parliament of Turin it is supposed that the sympathies of this country for Italian liberty are become lukewarm. It is my firm persuasion that no war, if it arose, by whatever triumph it were attended — whether a war on the part of the Italian people unassisted, or whether a war of the Italian people assisted by a great I'ower, would bring such advantages to Italy, or would be so fraught with benefit in the future, as the pacific arrange meats which may be made with the groat Powers of Eu rope. It is, therefore, from no want of sympathy for the Italian people who have been suffering, but is, on the cotnl trary, from a warm desire to see them prosperous, that express my opinion that they ought not to seek their future happiness in war, but that they should use every a give everyfacilityto enable France, Austria, Greateßritainud, and any other Powers to endeavour to in sure the peace happiness of the world. (Loud cheer s.) this house will think it right to refrain fromm akin g I have n o doubt fur ther observations. (Hear, hear.) The SPEAKER immediate l y p ut the question Mr. Speaker do now leav e the chair," and having err y That f, formally , a l y. declared it carried, was le avin g the chair, ns Dir. Wil liams bustled up the house from the bar, and, finding v acant scat, addressed him from the did not pause, the mace was removed from o m nth T e h t e ab S re e , a a " nd r gangway. member Mr. Fitzroy took The tlie houseseat usuiaallfyaeotcewupasi.e as it i t t he is ch th ai r r m m e a d n o f committees. , re solved into committee , and there at wtheas laugh ter from the Ministeri al benches d - Lam beth's situation. Mr . Williams id not seem incl ine d to no motion before the c omm itt ee, submit, but as there si and the cries of " Order" were loud and continuous, he was compelled to sit down, and the Chairman called on Sir J. Pakington THE NAVY ESTIMATES. Sir J. PAKINGTON said—Mr. Fitzroy, I now riso to state the views and intentions of her M a j es t y ' s G overnm ent o n that subject which touches more closely, perhaps, than any other the national pride of Englishmen and the safety and welfare of England, and I can assure the committee that I approach the discharge of the duty which now de volves upon me with feelings of very great anxiety. (Hear, hear.) I cannot but feel that the public interest and atten tion have of lath been directed to the state of the navy, and that my responsibility therefore is unusually great. (Hear.) I shall be obliged to trouble the committee with considerable details, and I trust I shall receive that forbearance without which it would be very difficult to lay before them with clearness the views which it will be my duty to explain, knd the intentions which on the part of the Governin the cat shall have to announce. Before I proceed to explain BRITISH POSSESSIONS. Sharei Railways. b a p . Closing I Mildness ''' Price. Done. 100 Atlantic &St Lawrence I Leased at 6 per cent a ll 78 80 18 Bom.,Baroda& Centiml g d gu. 5 percent 18 Do - 18 Do. Addit. Capital A 6 I d 8 18 Do. Do. B 41 1 d 201 Buffalo and Lake Huron all 7 8 201 Do. New 100 Buffalo,Brant 1 100 ES 90 &Godrich 164 - d 6 p. et. bds. 1 Aug., 1872 ) 100 Do. do. 1 July, 1873 100 82 86 190 Do. do. 1 June, 1874 . 100 80 84 20 Clcutta.&S.Eastrn.Lim. 1. 3.0. Id 4 P IPm par 20 Cape,Eastn. Prov.(Lim.) 2s. - - 26 Cape Town & Dock Scrip 2s. - - pm 20 Central Oude (Limited) 2s. 6d. - 20 Ceylon Guaranteed 6p.c 2 # P 171 Demerara - - 20 Eastern Rencral.gu.sp.c 5 4 1 (I' Stock East Indian, b gu. sp. c lOO 1031 101 IC4 31 20 Do. C Shares all - - 20 Do. E Shares Ext lO par p 20 Do. Jubbulpore 5 - 100 D0.41p.c. Ms. pay.'s9 all - - 20 Geelong& Mel.gua.sp. c. all 19 20 sto. I Geelong Corporation 6 Z 100 aa t per cent. Bonds Stock Grand Trunk of Canada 100 29 31 100 Do. 6 p.c. Deben.,pay.'7B all 70 72 705 70 100 Do. 6 per cent. Pref.— 100 - 20 GtlndiaPenin.gua.sp.c. all 100 1001 101 20 Do. New, gua.s per cent. 4 1 20 Do. do 4 d par 20 1 Gt.S.of Ind.Lim.-Scrip 2, guaranteed 5 per cent. ) 201 Gt.W. of Canada Shares all 16 165 201 Do. New 100 Do. Bonds pay. apt till '6O 100 Do. do. '73 till '6O all 100 105 100 Do. do. "/3 without opt all 100 105 100 Do. 51 p. c. do. '77 do 20 Madras, guar., 41 p. c all 174 18 20 Do. do. 5 per cent all 19 201 20 Do. 44 p. c. Extension l5 18 111 20 Do. Third Ex. gua.s.p.c lO 1 d 20 Do. Fourth do. Stock Melb. Corp. 6 p.c. Bonds 100 - - 20 {Newßrunswick&Canda. Ry.&Land(Lim.)g.6pc 10 - - d Class ACapitl. Share. . Do. do. Land do ) 20 Do. do. B. Capital do / 10 - - d .. Do. do. Land do 20 f Northof India Tramroad 2s. Limited, Scrip 20 Oude (Limited) 20 Scinde .4 15 4 I P 20 Do. 20 Do. New r. 0 , 10 1 d * P 3 f 20 Do. Punjaub o a 5 2 5 a 20 Do. Indus. St. Flo. tc;;;* 5 1 d 20 St. Andrews & Quebec A 18 - - 10 ITrinidad(Limited) Scrip 1 5d par BRITISH MINES. - Closing - Business Share Mines. Paid. Price. Done. Alfred Consols (Philack) 2.11.10 65 741 7 20 41ritish Iron Condurrow (Camborne) 2O 10 Devon G. Cone. (Tavist ) 1' 445 475 East Bassett (Illogan) 3O 215 225 Great South Tolous l7s 12 13 G.Wheal Alid.(Phillac) 11.18.8 24 34 G. Wheal Vor(Helston) 94 1 1 Lady Bertha North Frances (Illogan) 84 6 7 North Wheal Crofty 7.9.4 2 35 N.Wh'l Basset (Illogan ) nil. 5 6 1 -- Par Consols (St. Blaxy) 14 15 16 —• Porkellis Unit. (Wend.) 9 - - Sortridge Cons. Min.Co, 6s — SoutliCaradon (St.Cleer) 25 445 1 45 5 South C. Brea', Illogan). 2 21 21 S Wheal Fran. (Illogan) 18.18.9215 225 5 Tamar Silver and Lead Mining Co 44 11 14 10 Tin Croft 9 35 4 UnitedMinea(Gwennap) 40 - - Vale of Towey (Carm ) 12s 6d 4 1 West Basset (Illogan) l4 20 22 W. Caradou (Liskeard) 2O 65 70 - Wheal Basset (Mogan) 54 215 225 _..r •',Wheal Rullertßedrut hl 6 115 12fi Wheal Edward (Cala.) 54 24 a Wheal Kitty (IJ. Lelant 1.7.2 11 12 Wh'l MaryAnn(Menhe 8 47 49 - - Wh'l Trelawney (Lisk. 41 30 32 .. . FOREIGN MINES 20 Australian 74 4 1 Bog AccordCopper,Lim. 10s I 35 Brazil. Imp. (Is. at £ 5 p.) 27 1 5 2 p 20 Do.St.Johndelßey,Lim. 15 104 114 5 Do. Land and Mining Co. all 11 21 1 Clarendon Consols Min ing Co. of Jamaica ... 4 -- d 40 Cobra Copper all 37 39 Copiapo l6 10 12 1 DunMoun.Cop.Ming.Co all 2 Fortuna 20 General all 21. 2'24 3 Linares all 8. 94 5 , Lusitanian d 1 Mariquita a l l ll I 4 1 1 New Granada all 1 N.RhineCop.o" S.A us.L 10 1 p 20 Pontgibaud Silver, Lead Mining and Smelt all 4 5 5 Port Philip 1 1 1 30 Santiago de Cuba l6l 1 15 28.2.84 United Mexican all 21 3 , COLONIAL GOVERNMENT SECURITIES. Paid. Closing Business Share Securities. Prices. Done. , Can.Gov.6 p.c..Ta. & July 100 1131 1144 114:1 Do. 6 p.c. Fix &Aug. 100 1111 112 i Do. 6 p.c.llr. & Sep. 100 115 116 N.8.G0v.6 p.c. Ja. &July 100 1111 1121 Do. op.c.Ap. & Oct. 100 N. S.W. Gov. sp. e. Deb. 100 1015 1025 1025 5 NovaSeotiaGov.6 p.c. St. Deb. redeemable, 1875 100 1111 1125 S.Aus.Gt.6pc.Jan&July 100 110 111 Vict•Gov.6p.e.Jan&July 100 107 109 JOINT-STOCK BANKS, Closing 1 Business Share Joint-Stock Banks. Paid. Price. Done. MISCELLANEOUS. Miscellaneous. Paid. Cplorsioein.g Business done IMPERIAL PARLIAMENT HOUSE OF LORDS-(YESTERDAY). The LORD CnINc2LLoR, took his seat on the woolsack at five o'clock. The Duke of MARLBOROUGH presented a petition from a place in Oxfordshire, praying for a more equitable distribution of property rate to the poor. EXAMINATION OF PRISONERS. Lord BROUGHAM presented a petition from a person named John Copley Hill, complaining of the want of a law similar to that which he had introduced last night, by which he had suffered great injury by not being allowed to give evidence in a criminal trial in which he had the misfortune to be defendant and had wrongfully been subjected to an imprisonment for 12 months. THE MUNICIPAL FRANCHISE. Earl GREY moved for a select committee to inquire whether the Act 13th and 14th Victoria, c. 99, for the better assessing and collecting the poor rates and highway rates in respect of small tenements, and the act of last session, c. 43 to amend the municipal franchise in certain cases, had produced any change in the character of municipal elections and of town councils, and in the mode of conduct . ing the local government of corporate towns. The noble lord said in 1850 a bill passed through Parliament by which the owners, instead of the occupiers, of small tene ments of the value of £6O were compelled to pay the parish taxes. The occupier, however, had the right of voting at muni - cipal elections, but the result of the arrangementhad been that in numerous cases the number of municipal electors had been very greatly increased. Rather contradictory accounts had been forwarded to him, but he could state with cer tainty that in towns where the number of voters had been 760 the act he had mentioned had increased them to 2,300, 1,500 of whom were the inhabitants of small tenements. The effect had been that the town councils had very much deteriorated. His idea of having the inquiry at the present moment ho thought would bring out much valuable information ou the subject of Parliamentary reform, and he also thought it would be in the power of that house to render very essential ser vice in the consideration et that great question. He re gretted that Government had not taken advantage of a suggestion he had thrown out during the last session, as he was convinced that if they had made the inquiry the result would have been of much value. A gentleman of much influence on the question of reform had recommended that the municipal franchise should be adopted in Par liamentary elections, where it had worked well. It was most desirable to see how far this was the case, because if the municipal franchise worked well, he at once submitted that that fact would be very ge nerally in favour of its introduction. But the contrary was proved, that the alterations had not worked well ,• then the experience they - would obtain would lead them to discover how far it was desirable it should be adopted in tho election of members of Parliament. The Earl of DERBY said he should like to find out the exact object the noble earl had in view iu moving for this inquiry before he expressed any . opinion as to the necessity of the inquiry. It would be impossible to obtain any such information for it to exercise any influence upon the impending discussion on the question of Parliamentary reform. As far as he could see, it appeared to him the object of the noble earl was not to see what had been the working of the municipal system, but to see what effect had been produced upon the system by the act of 1850. Supposing the committee were granted, and they were .to come to the conclusion that the act of 1850 had worked injuriously, did the noble earl intend to move its repeal, and disfranchise those who had been enfranchised in 1850 ? Before he en tered into the inquiry, he (Earl Grey) should make up his mind what he intended to do supposing such a decision should be arrived at. (Hear, hear.) He (Lord Derby) did not suppose the noble earl or Parliament would be in clined to pursue such a course. He should also like to know what useful purpose could be served by the appoint ment of such a committee. (Hear, hear.) Personally, he had no.objection to the committee, but he thought no defi nite course should be decided upon before they commenced the inquiry proposed by the noble earl. (Hear, hear.) Earl GRANVILLE said any information upon Parlia mentary Reform could not be too highly prized. There was a general feeling in the country that their lordships' house was more inclined to treat questions relatingto the represen tative system in an illiberal manner thanthe otherbranch of the legislature. He believed such a feeling was a mis taken one, and he should be glad to see any steps taken in the matter, while their lordships were as anxious upon the question as the other house. He gathered from the observations of . the noble earl opposite that he was unfavourable to the inquiry, and under those circum stances no good could possibly result from the labours of the committee, unless the Government were favourable to it. He trusted his noble friend would not press his motion. The Earl of ELLENBOROUGH thought it would be of advantage to know what had boen the progress of corpora • tions since the passing of the Municipal Corporations Act, especially as regarded expenditure and the efficiency of the police. Lord BROUGHAM thought after the lapse of 25 years the act regarding Municipal Corporations required consider able revision. As regarded Parliamentary Reform he did not fear any sweeping alterations from the noble lords op posite--they had that to fear from other quarters—but though they had not now to fear convulsion or revolution, they had to dread the operation of sapping and under mining ; but he prayed that for himself he might not live to see the destruction of the Constitution. After a few words from the Duke of ARGYLE, Earl GREY consented to limit his motion simply to in quire into the operation of the two acts referred to in his notice on the paper. The Earl of DERBY assented, and the motion was agreed to. - OCCASIONAL FORMS OF PRAYER BILL. The Occasional Forms of Prayer Bill was read a second PUBLIC THANKSGIVINGS. In answer to a question from the Duke of MARL BOROUGH, The Earl of DERBY said the most suitable time for public thanksgiving to the Almighty for our success in. India, would be when tranquillity and order were fully re stored in that empire. ' CHURCH RATES. The Bishop of OXFORD presented petitions from the clergy of the diocese of Lincoln against any material altera- tion m the present system of church-rates. TT A T,V* in answer to a question front the Bishop of Oxrou., The Earl of MALMESBURY said her Majesty',s Go vernment had received communications, which gave them reason to believe that at no distant period the Austrian and French armies would evacuate the Papal territories. Their lordships then adjourned. HOUSE OF COMMONS-(YESTERDAY. The SPEAKER took the chair at four o'clock. THE MEMBER FOR THE EASTERN DIVISION OF WORCESTER—ERROR IN THE SHERIFF'S RETURN. The SPEAKER said that an error had been committed by the Sheriff in the return of the hon. William Frederick Calthorpo, who was stated to have been elected for the county of Worcester instead of the eastern division. Mr. FOLEY certified that the hon. gentleman had been elected for the eastern division. The SPEAKER said that a case analogous to the pre sent had occurred with reference to the return made by one of the Sheriffs for Northampton, in which he described the member as having been elected for the county instead of the Southern division. _ _ _ Leave was given to the Clerk of the Crown to amend tho return, and Mr. CALTHORPE took the oaths and his seat. PRIVATE BUSINESS, Mr. HUDSON moved that the order of the Bth day of this instant February, limiting- the time of the second reading of private bills, be suspended in the case of the Travellers' and Marine Insurance and Accidental Death Insurance Com panies Amalgamation (No. 2) Bill, and that the bill be read a second time on Monday next, provided three clear days' notice thereof shall have been given at the Private Bill Office. —Agreed to. PETITIONS. Several petitions were presented for and against the abo lition of the hop duty ; from letter-carriers and others em ployed in provincial towns, praying to be placed on the same footing as those in the London, Dublin, and Edin burgh post-offices ; &c., &c. NEW WRIT. On the motion of Lard HOTIIAM, a writ was ordered for the borough of Midhurst, in the room of Samuel Warren, Esq., resigned. TRIAL BY JURY (SCOTLAND). This bill was read a first time and ordered for second reading. • PRINTING THE BIBLE AND ACTS OF PARLIA MENT. Mr. BLACK asked the Secretary to the Treasury if it was intended to renew the patent for printing, which will expire in January next, and, in the event of the patent not being renewed, whether the right of printing the Bible in England is to be limited to the two Universities, or to be thrown open, and if any other arrangement would be made for printing the Acts of Parliament? Sir S. NORTHCOTE said, with reference to the first question, that the subject was under consideration, but ho could furnish no further information. LAW OF LANDLORD AND TENANT IN IRELAND Mr. KIRK asked the Attorney-General for Ireland, whether it was intended to bring in a bill for the amend • anent of the Law of Landlord and Tenant in Ireland, and, if so, about what time he would be prepared to lay it on the table ? Mr. WHITESIDE said he had prepared a bill on tho subject, and when the bills relating to Ireland at present on the table were disposed of, he would introduce it. THE CRIMINAL LAW OF IRELAND. Mr. DOBBS asked whether any steps had been taken to consolidate and amend the criminal law of Ireland, and to assimilate it to the criminal law of Eng land, and whether it was intended by the Attorney-Gene ral for Ireland to propose any measure on the subject during the present session, and, if so, whop he would be prepared to introduce the same ? Mr. WHITESIDE said that a very valuable paper on the subject, prepared by the Secretary for the Home De. partment, had been presented to the authorities in Ireland. THAMES CONSERVANCY BOARD. Gen. CODRINGTON asked the Secretary to the Trea sury whether the Commissioners of Woods and Forests had received the full particulars of account which the Thames Conservancy Board was bound to deliver in the Ist of February in each year; and whether that account would be laid before Parliament ? Sir S. NORTHCOTE said the accounts up to the year ending 1857 were ready to be laid on the table, but those for the year ending 1858 were not perfect. REPRESENTATION OF SCOTLXND. Mr. BAXTER said he would postpone his motion to the effect that it was expedient to consider the laws relating to this subject, but at the same time he hoped the right hon. gentleman would make a statement relative to this matter when he brought forward his measure on Monday next. The CHANCELLOR of the EXCHEQUER said, placed in the position he then was with reference to the measure alluded to he could not be expected to give a satis factory statement in reply to the observation of the hon. member, but he assured him he would give him every op portunity of bringing the subject forward before the second reading of his bill. CONSULS TO JAPAN. Mr. MONCKTON MILNES called the attention of the house to the appointment of consul and vice-consuls to Japan, in connection with the evidence and re port of the Committee on the Consular Services. Ile considered that commercial men were better adapted to till consular departments than military men. Mr. S. FITZGERALD defended the consular appoint ments that had been made in Japan by the Government, and contended that military men had qualifications that rendered them well adapted to discharge the duties of such offices. He denied that the salaries paid to consuls and vice-consuls in Japan and China were exorbitant, looking at the remuneration given to clerks who went to those ;`"~~. ..41111111M1111111 Share, tlO 13.14 Stook Stock Stock Stock Stock Stock Stock Stock Stock 161 1613 4 Stock 11.6.3 11.6.3 Stock Stock 12/ Stock, Stock 10 . Stock Stock Stock 50 Stock Stock Stock Stock, Stock Stock Stock Stock Stock Stock Stock Stock Stock, Stock Stock Stock Stock Stock Stock Stock' 103 - 97! 8