The Sun. — London, England, 1858-04-13 00:00:00

MONEY MARKET AN , - :OMPifERCTAL INTELLIGENCE. CITY, Two o'CLocx. The Foreign and Colonial Produce Markets, during the last few days, have been very inactive, particularly for two of the principal articles, viz., sugar and coffee. The near approach of the Dutch Company's sale, in Holland, has tended to depress prices. Considerable quanti , ies of both these articles are also announced for public sale here during the week, and prices are generally rather lower. Tea has been ♦ery quiet, as both dealers and speculators have been waiting the delivecy of the letters from China by the overland mail. Cocoa and rum have been in moderate demand and at steady rates, and rice has been extremely dull. Saltpetre has been inquired for to a moderate extent, but no improve ment can be noticed in values. For tallow there has been a steady inquiry, and prices have been well supported. P.Y.C. on the spot is quoted 54r. 6d. ; May and June, 535. ; July and August, 525. 3d. ; and latst three months,. 525. 6d. per cwt. Letters from Liverpool mention that the Cotton Market yesterday ma nifested a dull appearance, and quotations were unaltered. The sales amounted to 7,000 bales, 1,000 of which were taken by the speculators, and 500 by the exporters. The advance in the American exchange will prevent any important efflux of gold from this aide, and con"equently all apprehension on that head is removed. Other demands will only absorb a small amount in the aggregate; the requirements for the East are limited, and few remittances are, there fore, made to the Continent. This will ensure a further accumulation of specie in the Bank vaul' s, for large supplies are en route for Australia. The revolution in Venezuela is likely to result in the return of General Paez. if so—and very little doubt can be felt on the subject—the English creditors may expect immediate reparation for the neglect of their claims. Prior to the accession of the Monagas' family, the dividends were paid with due Punctuality, but of late the revenues of the country which are amply sufficient to discharge all the State engagements, have been misappropriated. ♦nticipating his fall the President has sent away large sums of money which ought to have been devoted to other purposes. We hear, however, that even the pensions have not been E: aid, and *o surprise need be felt at the dishonourable conduct towards the foreign creditors. The people are at length tired of such a regime, and dis gusted at the wholesale plunder that has been going on. They have risen against Monegas, and by this time he is no doubt defeated, and Paez re instated. Of course, a great deal of anxiety is felt to learn further particulars—to trace the cause of the revolution ; but, without knowing the issue, it may be safely affirmed that the news received yes terday is satisfactory alike to the English Bond holders and the best interests of the Republic. A meeting of the Tincroft Mining Company eas held to-day, when the accounts for the year were laid before the meeting. The value of the tin and copper raised and sold in the period of 8 months wail 15,265/. 155., and the expenditure 12,727!., leaving a profit of 2,5381. The actual surplus of assets over liabilities was 4,4061. ss. ad. There was no dividend proposed on this occasion, and the accounts were agreed to. There is a quiet but firm market for Public Se curities. The quotations have undergone scarcely any variation, but there is still an upward tendency, and a few purchases would no doubt have a marked effect. Temporarily, however, the arrangement of the foreign stock and railway share accounts con stitute the chief business of the brokers and dealers. Consols are about 96t j for money, and 96i for the account. The New 3 per Cents. and the the Reduced, are 951 I. The Indian Loan Deben tures are 99k, and the Scrip is 99i Exchequer Bills are 355. to 40s. premium, and India Bonds 185. to 20s. premium. The transactions recorded in the Foreign Stock Market are not very numerous, but prices gem-rally ext.ibit a downward tendency. Turkish 6 per Cents. are 97i ex-dividend, and the 4 per Cents. 1041 ; Spanish 3 per Cents, are 43i ; do. Certifi cates, 4 ; do. Passive, 6A '7 ; Mexican 3 per Cents., 191 ; Portuguese 3 per Cents., 451 ; Russian 41 1 per Cents., 100 f ; Sardinian 5 per Cents., 901; and Belgian 4i per Cents., 101. The following are the nominal prices of Foreign Stocks:—Grenada Deferred Bonds, 5i 6 ; Mexi lan, 19f 20} ; Peruvian 4i per Cents., 81 83 ; ditto 3 per Cents., 55 57 ; Portuguese 3 per Cents.; 45 46 ; Russian 5 per Cents., 109 111 ; ditto 4i per Cents., 99 101; Spanish 3 per amts., 44 44i; ditto New Deferred, 264. In the Railway Share Market only a moderate businem has been reported, and the transactions bare been chiefly in connection with the arrange talents now in progress for the settlement of the h alf - monthly accounts. An advance of about to Per cent. may be reported in most of the leading lines, and the general tone of the market exhibits lore firmness. Caledonians, Eastern Counties, 14 -nctohire and Yorkshire, Great Western, North Western, North Eastern (Berwi c k), an d Scot tis)l orth Eastern, hav e eac h i mprove d about s s. ; Great Northern and Midland, 10s. ; Brighton and South Westerns declined 10s. The Foreign and Colonial lines have been rather quiet, but there was a slight improvement in one or two of the Principal undertakings. Eastern of France bvanced ss. ; D utc h R henish, ss. ; Great Luxem e rts declined ss. ; East Indian improved 5s ; Great Western of Canadi, ss. ; and Great Indian ?aainsula, ss. Mines, banks, and miscellaneous shares were steady at previous rates. 1111 TISH FUNDS.—CLOSING PRICES—TATS DAY. (From the Officsal Lust:l B ank Stock . $ Per ( Amt. Reduced Annuiti es ale Per Cent 00118011 Al3llllltieb Due Annuities, expire sth Jan. 1860. 1 11-16 Ditto 30 Years, expire 10th Oct., 1859 1 7-16 India Loan Debentures 99 , Di t to %rip Ladle douu., £lO 99 1 i I iOO 0 Col. sot s f et account 91 lir.zonequer Ms, 20. kl.OOO March. June. 6 10) .....,..... ..... . .... . ..... .. ....... 139 Exchequer Bonds, 1'858,34 per Cont.... ---.. Ditto, 1959 101 PRICES OF FOREIGN FI7NDS—THIS DAY. Mexican 3 per Cent Portuguese Bonds 3 per Cent., 1853 ...... 451 Itueiian Bonds, 1t:22, St., 5 per Cent.... Ditto, 4: i per Cent. Nerd Amen honks, a per Cent. ............ soi 1} SDPni t h Bowls, A per "Ant. Ditto New Deferred, 3 per Cent, bat, Passive 6 117 *finals Committee Cert. of Coup. no t fun. 4i Tarltit.h iionete, 6 inn cent i Ditto Account D itto Guaranteed. ; p at Cent. . •... 104 i Dividends on thp above payable hi London. &lean 4i per Cent., ex, 25 francs 2 tlrtElt (YOLualf. . 96i C°m lolll , money Consols account (Hay 6) ... _ LLOYD'S B RIPPING.--(Th3s DAN', LONDON. April 13.—Wind this day at noon, S,E • lig ht Inver" and cloudy. Po/at:MOUTH, April 12.—Wind S.S.W.—Arrived -1-441,J Milton, from Chinchas. zonTH A IMPTON, April 12.—Arrived —Shea Rajah R.ajas irtiree, from London for Kurrachee, to be docked. Sailed-- Grand Treanon, far Sydney, N.S. W. ~ NxwPOBT, April 12. — Wind W. — Arrlved— p res id ent v 4 , 4 Ryck inworstel, from Rotterdam for Singapore, Sailed ‘Lester, for Quebec. BLYT Al H, Ap ril 11.—Wind N.W. — Sailed — Prodent, for Port. H, CLYDE. April H.— Sailed—Wind S E.—Arabian, for Halifax, N.B. PLYMOUTH, April r.--Wind E.S.E.—Arrived -Conn teu of London, from Quebec; Priscella, ditto. ...Idaf e . i - . Ebenezer, for Labrador. 1 , 4 C / E7 DOVER, A pr il 12.—A rr i ve d—L o ndon, from New 4 k. CARDIFF, April 11.—Wind W. —Sailed—Ailsa, for Queb ec ; ditto. , OF F BRIGHTON, A pr il 12 . —A rr i ved — Cat h er i ne P e m• 4etton, from Adelaide, S.A. The I), f le 'uke an d Duchess of Richmond arrived at the 141 4 mansion i n P ort l and-place, yesterday, from Goodwood, for the season. WASTBRN BANK.._GLASGOW, April 10.—We learn ti'aliaat the liquidators of the Western Bail of Scotland — LeY sh ade ruad e p reparations fo- paying by the beginning of i e d epositors and c re d, tors o f the bank one-half if tir 8' debts dua to them; total debts. in other words, they will pay en the pound of the 20 20 100 100 100 100 20 100 100 20, 00 i the 1 bad ytical r the ioaed a the that com• unate oome■ epital nitted being What being es, he :e died I post death g from eet, s ty de street. It and would no. I nguish (heed, veyor, Ile pre at the Day). iMERA. :ctable• iog to ker, of 'cuter having iething the pri t down hen led bottom mg, and hint in feeling t. The " I've owed to oectable le ohs• be gave attempt prisoner a would 1s rain. 12e must a little ace, end nd Hue we Mr. klee pre- Lier, and cheese that on er ca►me f fifteen cod the er to be 3, with Was On ,er and he said, I me the 'e you a 3 parted went to I by the .nd that i by the r. G. T. the pri. and or- Else of a vereig n. by th• wo pills, and e h • gn, and 1 a brass it reqni ;erers of the pri parts 23 rom No. r of th• remand 'he prin• d Turret iency of was laid un, and user out. knocked d). 110 ard's lot. ad Great es given " both iaturday 114 St: St. 50 3t. St. St. 1 100 St. 100 St-, 100 25 163 St. 109 St 100 St. 100 10 ,31.1 20 20 10 4t. 17i all all 100 all all all all 18 I all 18 all 20i all 'LOO lot; LOO ,100 SH Alt 6 M FLAIL WA. YrA. RAILwATet. ) Ambg. Nottna. Boat . & Eastn. June.... Belfast & Ballymen Birm Wolverh "tour Valley . Birkenhd. Lancsh. n Cheshire Juner Blackburn . Myth & Tyne origins I £25 (iss. at £45) Bristol 4 Exeter Ca1ed0nian.......... (Theater 4 Holyhea Cork and Bandon. Cork, Black. & Pass Cornwall De. I Do. B ........ Dublin&BelfastJune Dun. P, &Aber.June. East Anglian Eastern Counties EasternUnion,A. stk Do., do. 8........ Do. New A East Kant ..., East Lancashire East Suffolk ...... Do. Edinburgh dr Glasgow Editib.Prth. &Dtuade Forth and ClydeJtinc. Furness .. Glasgow & S. Western Great N. of Scotland Great Northern Do., A. Stock ..... Do., B. Stock ..... Gt. §th.StWest.(lre). Great Western. ... . Do. Str.V.R. gua. St Irish South-Eastern. Lancaster &Carlisle,. I, Do Do. New Thirds Lancash. &Yorkshire Do., do. £l6 Do. Do., £9 Do.. Wst. Riding tin Do. Southport. London & Blank wel! Do. New, i ‘s. 51. 10s. Lond. Itright.& S. Cat London &N. Wester Do. Eighths London & E. Wait / me Lndndrry. &Coleraine Lndndrry. & Ennislr. Manch. Sh e f. &Lincln. Metropolitan . ..... Midland . ..... IDo. Widland 11. West.ar. ' Do. Shares Newcastle &Carlisle.. Newpt.A bergAllrfd Newry & Armagh N ewry Warrenpoint & lipstrevor Norfolk. • Northn. Counties Ili North British ...... North Devon, Rail. t Dock Stock Do., A Stock ......... Do., B Stock N. Eastern - Berwick Do do. G.N.E.Purch Do Leeds Do. York North London N. & S. Wstn., Hamp stead, and City Jn. North Staffordshire.. North Western N. & S. Wostrn. Juno . Oxford Worcester & Wolverhampton Peebles 9 !Portsmouth Rhymnoy Scottish Central Sc , A. N. E. Abrdo . St Do. Scot. Mid. Stock Shropshire Union Siti ngbourne &Sheer. , South Dev0n......... South Eastern South Wales !8. Yorksh. RiviarDnu iD0...... ..... . ......... Staines,Wok.,&Wok. Stockton & Darling Do. do., 1854 Do. do., 1855 Stockton di Hartl(lo ,Taff Vale... Do. Prof., No. Thames Hai. D. &R Vale of Neath... ..... Waterfd. (St Kilkenny IWaterforldtLimerick I West Coi nwa11........1 West End of London and and Crystal Palace Do. A Do. B West London Do. First Class Do. Second Class.. 4RITISTI POI Atian. and St. Law. Bombay, Baroda, and Cen.lnd,guar. 5 p.c. Do. Do. Additional A ... Buffalo dt 'Jake Hur. Buff. Brut. do God ch. 6 p.c.bds., 1 Ang..72 Do, do., 1 July, '75 Do, do., 1 Juno '74 Calcutta 'and S. East. Central Oudo (Lim.) Ceylon A shares Demerara. Eastern Bengal East Indian Do. C Shares.., Do. E. do. D 0.4 p. c. Buds. , 9 Geelong do Melbourne guar. 5 per cent. Gd. Trunk. of Canada Do. 6 p. c. Deben Gt. In. Pen. g. 5 per c Do. New. guar. 5 p.c Gt. Wostn. of Canada Do. New Do. lids., payable '57 Do. do., '76, p. '60... Do. do., '73, do. Do. do., '73, without, option liadras, guar. 4i p.c Do. do., 5 per c. Do. 4i p. c. Exten. Do. 11 Ea., g. sp.c. Do. 4th Es., do. I Oudc (Limited) 3cinde, guar. 5 per c Do Antwrp & Rotterdam Ardennes Bahia d; Belgian East. Junct. Beziers to Graissessac Carmeaux& Toulomt: Coal Mines and Ry Dutch Rhenish Eastern of France Euphrates Valley Gt. Central of France Great Luxembourg Italian Junction Lake Conat. & Bale Lierre and Turnhout Lombardo-Venetian Lucca & Pist.sp.c.i Lyons and Geneva Maria Antral: Do. New Namur & Liege Do. do. 6 p. c. Pref Northern of France Do. New Norwegian'rrnk.Prei I Paris and Lyons , IDitto New Paris and Orleans Recife & San Fran., fPernam.l g. 7 P. C Riga and Dnnaburg Rome and Frwsti Royal Danibh Royal Swedish Do. 7 per cent Sambre and Meuse Do. 5i per cent. pref Southern of France West Flanders Do. 54 per c. Pr.jf W. & N.W. of Franct Ke stern of Austria Aro- t. of Switzerland W test aden 8 p. cent. pref. Zealand ... . J DINT-8' Agra k United Seri' Australasia Bank of Egypt Bank of London Bri. Col. Bk.& Ln. Co British N. American C. Bk. of Ind. An. d;Cit City !olonial Commercialof Canada' Commercial of Loud. En g.Scot.dcAus.Cit t. Lon. Ch. Bk „of A London and County London Joint Stock. Lond .andWestnainst, National Pro. of Eng. Do. New ....... National Bank New South Wales Oriental Bank Corp Ottoman Bank Provincial of Ireland, Do. New Isontia astralia Do. New wUlDtjjnonnitotoyNnureuMoowilfutAtitu,)ll7l2eiva.:.:ll't ;low g rr.c this day; 51- 6 7i - 69 •• 9 26 - 27 88 - 90 81i - 85 36 - 38 ••• ...... ••• - _ 8j 16i - 17 574 - 684 44 - 46 29 - 31 14 - 16 86 - 88 •.• ••• 62A 27 - 28 89 - 91 9i -- 10 MI - 1024 87 - 89 [25 -- 127 98 - 100 1 564 -56 T 5G -- 54 83 85 10 —l2 p 10 12 r. 874 88 1 d i lid' = 105 - 106 94 - 94. 1i - 91i - 92 • •• . 36 - 37 91/ - 92, 63 - 65 fi - i 3 59 - 61 ••• '''''' 901 - 94 2 - Ifi 461 - 471 73 - 74 92 - 94 41 - 4f 8 - 9 8 - 9 30 - 32 7 3d 106 - 108 263 - 27 78 - 80 45 --47 23 - 13 353 - 363 69 - 694 823 - 833 13 - 15 7 - 5' 9 - 11 35 - 56 !1.66 —lo2 . • .• - •• 2i - 3 61 - 6j ISSESSIONS. - ip 9 to }B5 90 79 82 77 80 ii : ii ,1104 11 - li 20 - 2O 46 - 48 81 - 83 21i -21 i - 1D 19} - 20 - 1 (1 106 - 111 106 - 111 1.()5 - 108 194 - 20 20. - 21 ! - -Pi ••• - • i - 1 •• p, 6 - 6i ••• '''''. ••• i - Ii 3i - 3i 4 -3/ 27i - 28 'it : i .. ... .. ..... ... ...d 4i - 4f? 25 = 26 371 ,- 6 20 21 ; 37 8 93 84 9i 32e 32; 31 31; 50 62 i id ••• ...." 15 - 17 8i 81 - 9 21 - 4 - 5 9 - 9i 24i - 25, ... Si BANKS. 84 - 85 21 -21 i 46 - 48 31- 59 - 60 iv. - ••• 18i - 1.1 38 16/- 171 61 63 30 - 32 2?i - 24 i ma, 4w. ••• Oil "... 111)4 st. St.. St. St. 1100 100 100 100 100 100 100 all t 6 'lOO 'lOO THE RUN, LONDON TUESDAY 100 100 all 100 all 100 Leasing Companies Closing Prices this es• Basinev this day. 141 40 .This Day). Baldness dose this day. RAILWAYS. Bnekghamsh. Clydesdale Jc Col.Stonr Vy. E.Lm. g. 6 p.c E. Un. H. Sh. Glas. Barr. & Neils.Direet. Do. vew Glstr.&Dn.Fr Hull a Selby Do. Shares Do. 1 Shares Lon. &Greenw Do. Preference . Lon. Til., &S. Barlr. Sh.!, Manch.Bston. and Matlock Mdld. Bradfd. Newmarket !100 5i BuryE.G.spc. N.&Est.s p.c. Do. 6 per ct Do. Fixed sp.c Prest. & Wyre Do. Shrs. Roystn.& Hit. Shrews. & Her IS. Stagordsh WearVal.g6pc Do Ln. &N.W. E.U.&E.O Ot. Northn E. Count. Caldonian.l 1D0..., Gt. Westo. At N.M Do Do. S. Easton' Do Peto St Co 'Do La. &N. W . Midld. E. Count Do Do Do L. &I. W Do Gt. Northn T. Brassey M. MClean Stk.dzDar Do at. Westn WiltsdzSomrst Blyth and Tyne 10 P. c.pref. (issd. at 501.) Bris. k Ex. 4 p.c. it. Do. 4 per c. Shares Caledn. £lO 4i p. c. Ches. dg Ho. 5 p. c. Do. do. 5 per cent Cork & Bandonsip.e Dun.Perth.SzAber.J E. Anglian Cls. A Sh Do. do. Cls. B 6 p. c Do. do. Cls. C 7 p. c Eas.Co.Ex,sp.c No.l Do. No. 2 Do. New 6 pr. c. St.. East Un G. 6 p c. Do. 51., AI per cent. Do. 101, Debentr.Sh. Do. do. 4 per cent... East Lancash.6 p.cts. E.&W. York. J. 5t11., & Gl. sp. c. Sh, Ed.Prth.StDtin.4p.e Furness, 5 p, c Glas. dt 5.W.G.5 p.c Groat Northn. 5 p.c Do. 5 p. c. Redeem at 10 p. c. prem Do. 4i per cent..... Do. 5 p.c., Red. at 5 p. c. prem. Gt.N.ofSeot.lst Pr( Gt. S & W. (Ireland) Do. 4 per c. Pref. qt. I Gt W.(8.&11.Ex.5pe Do. con. red. 4i p.c.' IDo. con. red. 4 p. c. Do. irred. 4 per lent. Do. 5 p. c. red. pref. Do. Birm. Pref. 3h Do. Chester Sp.c.P.S Do. do. 5 p. c. do Do. Birm. Gua. Stk Do. Chesil. Gua. Sh Do. do. do. Do. do. do. Lan. & York. 6 pc. St. Lon. &B. G. 5 pc. o. 1 D0,,P.,5p.c.5t.N0. 2 Do. New Guar. 6p. c. Do. do. 5 p. c., No. 4 Lon. & N. W., Cov. & Nuneaton 5 r. ct... Lon. & S.W. 7 perct. late 3d Shares ... Lon dy. & Color.l Sh. Londy.StEnnis. Sh. M., S.,&L. 6p. ent. Do. do. do. .£6 ... .. o. do. 3.1 per cent. larypt. Ai Carl. 4 p.c. Do. 44 per cent Do. do. Consol. 6p. c. St. Do. Con. Br. Bir. 6 p.c. Do. 4i p. c. Pref. St. Do. L. &H. Pref. St. New., Aber., &c., pr. 5 p.c.red. 5 p.c. pm. Do. Perpet. 6 pr. et. Noel'. Deb. 4 p.c. Sh. Do. 5 p. c. Ext. 1846 Do. 5i p.c. pf , 1847 Do.Wv.V.sp. North British Do. 71. Preference ... N. E. Berw. 4 p.c. Prf. Do. do. do Do. Leeds 6 pa. No. 1 Do. do. Qrs., 1848 Do. York H. &S. Pur North Staffordshire Ox., Wor. & Wolv. 6 p.c., Ist guar. Do. 6 p. c. 2d guar Do. do. Dobentr. St Scot. Cent. New Pret Sc.N.E.Abor.g.6p.c Do. do. 7 p.c. pf. St Do. d 0.3 p.c. pf. St South Devon Do. fixed 4i pr cent. S. Eastern (Reading Ann.) of £1 Os. 6d. Do. 4i per cent Do. Fixed 4i p.c. Sh Do. New 41 pr. cent S. Wales Gua. 4 p. c Do. do. 4i p. c S.Yorksh.4 p.c.Guar Stock. &Dar., sp. c Do do. do. Waterfddi Kilk. 6 pc. • •• ..... 93 - 100 100 -- 102 13 - 15 139 - 141 4 - 4j Deo "'''' • • • 108 - 110 12i -- 134 24 -- 2 94 -- 96 94 - 96 P - • IP 57 9 135 - 138 8 - 9 10 - 103 83 - 90 PREFERENCE SHARES. 94 - 96 99 - 101 6 - 64 103 - 112 105 - 110 112 - 117 110 - 115 127 - 132 ... .. ii . 1 - T 4 !di --: its 110 - 112 102 - 101 62 - t 54 10/ -11 i 92 - 94 87 -8) 87 - 89 99 - 101 9i - 10 16 - 17 10 - 102 72 - 74 19 - 20 9i - 10 14 - 15 138 - 140 - 185 119 - 121 65 - 6S - L 39 - 101 i'6l - iii 1371 1197 - 109 95 97 if i d •.. - Pxr 221 - 23 116 - 120 105 - 107 98 - 100 118 - 120 125 - 127 74 - 76 10 - 24 - 24 1 - 101 -- 193 100 -- 102 100 7- 102 27 - 28 1 241 /1024 I 101. 46 - 51 1 1361 101 94i 5i 1291 31 94 2i 84 i i 5 5T Si 102 la 2i xcl 87 8i 8 127 91 9 stst 7 87 i i I i 6} 105 6 941 i i 4 4 924 2 36 92 lj 2j lf 2 h 3 4 5 ' 4 $ 90i 1 47f 73; 3 3 110; 11 10i 461 7 + 81 i 21 41 191 111 11 1 27f 304 291 45 24 31 4k BRITISH MINES. . 2112. Alfred Cons. (Philk.) 96 —10 i, Pi 20 14 'British Iron ... 20 Condurow (Cambrn.) 80 90 10 1 Dev. Gt. Cnsls. (Tay.) 460 480 ... 30 East Basset (Illogan) VO 100 ... 17s Great South Tolgus 144 154 ... 1715 Grt.W.Alfrd.(Philk.) 5 51 ... aGrt.W. Vor (Heist%) 14 2 ... 17s Lady Bertha ... 8 N. Frances (Illogan) 74 8 4 ... . N.W.Basset (Mogan) 11 13 ... 6115 North Wheal Crofty 4 5 ... 4 Par. Cons. (St.Blaxy 17 18 ••• 9 Porkellis U. (Wend.) ... ... ... 6s. Sort. Cons. Min. Co. 1,1 14 ... 24 S. Caradon (St. Cleor 375 390 ... 2S. Carn Brea (Illogn.) 44 54 . . 19 S. W. Fra.nces(lllogn.) 210 - 220 5 44 ram. S. 4L. Min. Co. 1 1 .... 14 10 9 Tin Croft 34 4 ... 40 Un.Mines (Gwennap) . . . ... ... 12sf. V. of Towcy (Camay.) 14 la ... 1 4 W. Basset (Illogan) 23 24 ... 20 W. Caradon (Liskrd ) 10) 110 ... 54 Wh. Basset (Illogan) 2lO 220 ... 5 Wh. Buller (Rdruth) 2BO 300 ... 54 Wh. Edward(Calstok) 6 64 ... 1171 Kitty (U. Llant) 11 12 ... 8 Wh. Ma. Ann (Monht. ) 43 45 44 Wh. Trelawney (Lis.) 24 26 FO REIGN MINEIr. au 1 A Australian 1 10s. Bon Accord Cop. (li.) if —i P 35 27 Brazilianhcp.(issued at .C 5 pm) 30 all Do. Cocacs 4 Cuiada ... . . 1 20 15 Do. St. John Del Rey 124 1 34 1 4 Clarendon Con. Min. Co. of Jamaica —. ..d 40 all Cobra Copper ii - l ... 16 Copiapo 1 all Dun Mountain Cop- per Mining C 0..,. 1 —id 8 2 all Fortuna 20 all General 3 all Linares 5 1 Lnsitanian 1 all Siarignita 1 all New Granada 1 all Novean Monde 20 all Pont.Sil.LdM • it Smlt 54 64 5 1 Port Philip — ••• 30 16i Santiago de Cüba all United Mexican ... 2 -2; 3f - 4 MISCELLANEOUS. 1000 900 Atlantic Tel. (Lim.) .. - 25 19 Australian Agricult 18 30 274 184 9 8 10 all i Austmln. Royal Mail 11 - 14 10 all Berlin Water Wo r k s. 34 4 4 10 2 Do. New ise. at 5/. d 50 40 !Brit. American Land .•• WO 324 Canada 135 145 St. 100 Do.Go.6pc.Jan&July 113 114 113/ St. all ' Copper Min. of Eng. 25 30 25 all ;Do. Prof. 7§ p. oont. 26 28 5 all 'Crystal Palace ll 14 14 5 all Do. Preference 4 all ,Crystal Pal. of France 20 all Eastern Steam.. St. 100 EleotricTelegraph 1 all Electric Tel. of Irel -- 5 all rEn.daust.Cop.SmCo I}. 14 14 10 I.oe. Eur. & Ind. Jan. Tel. 9 all Eur.teAm.Stm.(linsj 4 —44 44 20 all 'Gen. Ir,Sc. 15 14 Gen. Steam Navigat. 20 5 London Discount 4 all ;Lond Gen. Omnibus 3 1 - 34 34 20 10 !Magdalena St. Navig. . 10 all ISlediteran. Elec. Tel. 7 8 10 all I• Do Extension Tele& 10 all !Mexican S.Amerion 25 5 iNat. Discount Co 1 i44 10 6 Netherlands Land 4 10 all Do. Do. 5 all Do.Bp.c.PLiss.at ld l4 2 2 5 3 Do. Do. 100 80 N e w B. &N. S. Land 16 20 St. 100 N.S. W. Gov.s p.c.D. 97 93 974 1 all N. B. A us tralasian.. 20 all Nrth.olEuropeStean; 2 3 1 all Oriental Gas ...... 1 1 108. Do New Shares id iP 5 all Peelltr. Ld. ds Minrl 2 50 all Peninsular es Oriental 78 —8 0 i 81 50 10 Do. New 50 all Rhymney Iron • 21 2 100 60 Royal Mail Steam 6l 63 1 all Scot. Anstral.lnvest ll 14 St. 100 S.Atu3, Go.r.6p.c.bds lO6 108 25 all South Austral. Land 1 all Submarine Tel. Scrip 1 all Do. Registered 20 5 Trus.Ln.Co. Up. Can - [l4 1061 28b , Van Almon's hand , l3 fa .14 13/ 14 131 108 i Ti EVENING, APRIL 13, IMPERIAL PARLIAMENT. HOUSE OF LORDS.--(YESTRADI.T.) The LORD CHANCELLOR took his seat on the woolsack at five o'clock. THE PASSPORT SYSTEM. The Earl of MALMESBURY gave notice that on Thursday he would lay ou the table some correspondence relative to the passport system, and he would take the opportunity of tusking a communication on the subject. SCOTTISR UNIVERSITIES. Lord CAMPBELL inquired whether the noble earl opposite could give any information with respect to a bill for the impr ' , lenient of the Scottish Universities The subject had been brought before the notice of the Government previous to the recess, and he wished to know whether it was the intention of the Government to introduce a bill on the subject! The Earl of DERBY was happy to say that his learned friend the Lord Advocate had a bill on the subject in the course of preparation, and would shortly introduce it in the other house. ACTON'S NATURALISATION. On the motion of Lord REDESDALE, Acton's Natu ralisation Act Amendment Bill was read a third time and passed. TRANSFER OF ESTATES (SIMPLIFICATION BILL.) The report of amendments on this bill was brought up, and receiv,-d. Lord CRANWORTH objected to the first clause of the bill. It would give no security; and he should, there fore, move that the bill he further amended by its omis sion. Lord WENSLEYDALE agreed with his noble and learned friend that the clause was unnecei-sary. Lord ST. LEONARDS coniendsd that the clause was absolutely necessary. His great object in bringing in the bill was to lessen the expense of transferring estates, the charges for which were enormous. The omission of this clause would damage the efficiency of the measure and tend to keep up the present evil. He would make a term of 30 years sufficient to give a title good against all the world, and a bill possessing such a provision he hardly thou ,ht could be termed not worth having. Lord ABINGER supported the bill, and said be was irclined to rely on the authority and experience of Lnrd St. Leonards, rather than on that of the noble lords who oppose i the bill. The LORD CHANCELLOR al-o opposed the bill. He ojected to the new principle of legislation which it introduced. Six or seven of the claui , es of the bill de pended on the first, and tfn principle which they em bodied would be mischievou , and vexatious. The prin cple of limitation established by the 3 and 4 Wm. TV. was a safe one—that actions must be brought within 20 years ,f the right accruing in possession. It was now proposed that no right should be asserted within 20 years of the time when a conveyance was made for a valuable con-ideration to a purchaser. This provision might extend the limitation in certain cases. A person might be in unlawfcal possession for 19 years ; he might then convey the property, and the right claimant would , still have 20 years to bring his action. Lord ST. LEONARDS said that was remedied by a subsequent clause. The LORD CHANCELLOR said that the dance re ferred to would nut apply in all cases ; and the effect of the bill in many instancss would be to extend the pre sent limitation. Anether objection to the bill wag, that it plac d the remainder-man ent rely at the mercy of the tenant-for life. The latter might make an illegal con veyance, and might survive the period within which it could be disputed by the remainder-man. Those were the leading provisions of the bill on which their lord ships' opinion was to he taken. He thought the old principle the same one ; no ground had been shown for disturbing it ; and the praposel alteration might be most mischievous. He called on their lordships to re ject the clause. Earl GREY hoped to see the conveyance of real pro perty put on a proper ground by the estab!ishruent of a registry of title. (Hear, hear.) He thought the objec tions urged against the bill were such that no great Ai vantage would result from its adoption. Many of the ablest jurists and p ilitical economists objected to the power of tying up land by settlements for a great length of time ; the principle had now been so reduced and limited that it was no longer ohjectionable ; but artificial rights of thin class ought not to be allowed to interfere with practical improvement in les:Motion. He was not prepared, on that ground, to reject the clause proposed by the noble and learned lord. Lord CAMPBELL proceeded to address their lord ships a second time, but he was received with loud cries of " order" and "spoke." Lord ST. LEONARDS said that, as he had only the privilege of speaking once, it was hardly fair in the noble and learned lord to make two speeches. Lord CAMPBELL assured their lordships that his remarks would be strictly in explanation. The noble earl (Earl Grey), whom it bad given him great satisfac tion to hear on this occasion, bad quite misapprehended I him. Earl GREY—I beg your pardon. I did not allude at all to anything you had said. (Loud laughter.) Lora CAMPBELL proceeded to make some observa• tiane, but the cries of " spoke" being renewed, he re sumed hie seat. Lord CRANWORTH said that, with regard to the other parts of the bill to which his motion was supposed to apply, it was restricted to the first clause and to these which depended upon it—in other words to the first thirteen. (A. laugh.) It would be a great loss to the public if, because their lord hips did not agree to the proposal on the en' jest of limitation, they should he deprived of other parts of the mea'ure. He thought that some of the subsequent cl musea, and especially that which made it penal to palm off a bad title, would he of great benefit to the commui,ity. Lord REDESDALE was prepared to support the clauses of his noble friend, in order that they might be referred to the select committee. Lord ST. LEONARDS wanted their lordships to affirm the principle cf altering trio time of the limitation ; after that he should be quite willing to refer the amount of the alteration to the Select committee. The Earl of DERBY said the question appeared rather to be at what point the period of the limitation should commence ; and with the greatest deference to his noble and l enrne a friend, he should say that the starting point ought. in jue . .ice to be the period at which the riidat of the successor accrued. He should, there fore, be very reluctantly compelled to vote against his noblp friend's clause. A d-vision was then called ; but Lord St. Leonard, consented to strike out the clause. The twelve clauses f. Hawin g were also omitted. LAW OF PROPERTY AMENDMENT BILL. On the rnoti. , n of L rd ST. LEONARDB the order for the committal of this bill was discharged. Their lordships rose at a quarter before seven. HOU SP OF COMNIONS.--(YESTERDAY.) The Srzeluta took the chacr at 4 o'clock. EW MEMBRS The Right Hoe. STUART WORTLEY t E ook . the oaths and his_seat for Buteshire. PRIVATE BUSINESS. The following bills were read a third time and passed : —Dundalk and Enniskillen Rail.vay, Midland Great Western Railway of Ireland. The Middlesborough Water Bill was read a second time. THE GOVERNMENT OF INDIA. Mr. TURNER presented the petition agreed to by the Manchester Chamber of Commerce relative to the two India Bill 4 now before Parliament. TELEGRAPEIIC COMMUNICATION BETWEEN CORFU AND ALEXANDRIA. Mr. CRAWFORD gave notica that he should to morrow put a cpestion to the Chancellor cf the Ex chequer with reference to the estabiishment of telegra phic communication between Corfu and Alexandria. (Hear, hear.) THE WESTERN BANK OF SCOTLAND. Mr. BRADY gave notice that on Friday text he should 0%11 the attention of the house to the circum stances connected with the failure of the Western Bank of Scotland. TUB CAGLIA RT. Mr. HEADLAM asked the Chancellor of the Ex eheqner when the opinion of the law officers of the Crown relative to the Cagliari would be laid before the house The CHANCELLOR of the EXCHEQUER said that, in con , equence of the receipt of very important papers on Saturday in reference to the question, he was unable then to give the information required. The papers bad been submitted to the law officers of the Crown, and he hoped to be abl e i n a d ay or two to g i ve the requi , ite information. THE FINANCIAL STATEMENT. The CHANCELLOR of the EX.CHEQI. - ; ER , •aid it was of the utmost importance that no unnecessary delay should take place in making the financial statement. (Elear, hear.) At pro 3 ent the only votes taken were on account, an d he was afraid voteson account in supply were hardly sufficient for going into a committee of ways and means. If hie right hon. friend made progress to - night and F r id ay w i t h re gard to the great services he s h ould propose to make the financi statement on this day week. He had fixed the second reading of the East India Government Bill for Monday but if he made the financial statement on that. day he should take care to provide for the s econd read ing of the East India Bill on the earliest day possible. _(Near, hear.) BANDS OF REGIMENTS, Mr. LAURIE asked the Secretary for War whether some arrangements might not be made to relieve officers of the army from the expense cf maintaining the bands of their several regiment , / General PEEL said he intended to bring the subject under the consideration of the Government. He con sidered it a grievance that regimental officers should be taxed for maintaining tho.-e bands. Ills Royal High• miss the commander-in-chief was an xious to reduce regi mental officers t xpeases, and he (Gen. P ee l) s h ou ld b e happy to aq,iet him. (Hear, hear.) SCOTCISU UNIVERSITY REFORM. Colonel SYKES asked the Lord Advocate when the Report of the Committee on the Aberdeen Universi ties would b 3 laid upon the table of the house ; whether be had a bill upon the tAilj,-.ct in preparation ; and whe ther he intended to bring ill any general measure on t h e subject of Scottish University Reform The LORD-ADVOCATE said he was engaged in Preparing a measure relative to Scottish University Reform. The report of the committee on the Aberdeen University Bill had not been received. THE GOVERNMENT OF INDIA. On bringing up the report of th e committee of supply. Lord J. RUSSELL maid—l rise, sir, with consi derable doubt and hesitation to address the house on Nubj t et f the deepest iutereFt. The right hon. gentleman the Chancellor of the Exchequer, before the Easter re cess, asked for leave to introduce a bill to provide for the future government of India, by transferring the go vernment to her Majesty. At that time I did not think it would be respectful to the right hon. gentleman, to the government, or to the house, for me to state any very decided opinion on the bill. It has since been publicly canvassed, and a great many objections made to it. (Hear.) These objections are very generally felt, and I confess they appear to me to be sound, and I think that the opinion expressed by the hon. member for Birming ham (Mr. Bright) when the bill was introduced, was founded on substantial reason. I cannot bir conceive, sir, that if this bill is now to be brought forward for a !iecend reading, if all these objections are to be met, and if every portion of the measure is to be sifted, it will give rise to a most ex t ens i ve d iscussion, and a discussion which must be affected by party feelings moat injurious to the settleme n t of the question. Sir, a most consider able questina in itself is th e ques ti on o f t h e government n is one not only of the deepest interest, but it is one in which we tread on as'ees - .Thiel hardly cover smouldering fire. This being so, I think it most desirahie that there should be some mode adopted by which the house might arrive at a conclusion as to it; opinion on the future government of India, without a debate of the character to which I have just referred, and without discussing the parts of the measure which are likely to meet with objection. Sir, on ri ferrieg to what took p'sce on former occasions I find that the fiat great ch +nee since 1784 was that of 1813, by which the East India Company was deprived of its monopoly, and a eye tem of monopoly and restriction changed into one of free trade. On that occasion Lord Castlereagh intro.:laced into this house, in committee of the whole house, a series of re eolutious on which a bill was to be founded. Lord Li•er pool, in the other house stated such a course had this ad vantage that all the mai', principles could be placed under separate beads, and these heads fully and completely discussed, the resolutions would then be submitted to the House of Lords, and after the two bout es had agreed to the general principles, a bill would he iutrodused. This course involved a considerable discussion at the time, but after the resolutions were once agreed to there was very little discuoeion on the bill, and it passed that ses sion. No w, sir, there are three ways in which people view this question. Some wi-h to reconstitute under another name the East India Directorate, and would give the power of initiating to another body —they would change the name but retaiu the substance ; another p'au is that on which was founded the principle of the bill ietreduced by my noble friend the late head of the Go vernment, viz., a miei,ter of the crown with a coencil ; a third plan is that brought bcf ire the house to-night by the petition from Manchester, that there should be a secretary of state with subordinate officers, similar to the other secretaries. Ido not now wish to discuss the merits of any one of these plans ; but I do tnink that if a few resceutiens were discussed in a committee of the whole house we should be enabled to ascertain the opi nion of the house, whether it would wish to retain in fact or in Lame the Etch India Company ; whether it would wish to have a council, and if a ceuncil, how far it was to be independent and how nominated ; or a secre tary of state without any council. There are some other points, but not many of great importance, whether the government in India itself is to be left in nearly the tame state. It seems to me it would be most cenvenieet if the government thinks that such a course should be adoired. Is may lead to some loss of time at fiat, but it wilt be a gain of time in the end if we consider those re s"lutions. if the government du not think fit to adoi.t this course, I know it would be very presumptuous in any individual member of Parliament to propose resolu tions ; but at the same time I feel so strongly the incon venience which must ensue from discussing tee most im porant alterations in committee on the bill, I cannot but state that it appears to me the only way to evade this evil and obtain a discussion in the house free from party feelings, would be to Owe before the house, in tee form of resolution, the chief points to be decided. I must say we would be placed in great difficulty in dis cussing in committee points ef substantial importance, mixed up with points of inferior and subordinate import ance, and pith the particular wording of every clause which was intended to carry the law into effect. Ido not know what the Government may thick of this sug gestion, but I could not forbear from euggesting this ceuree to the house ; is appeared to me so loug ago as last December that this was the course which ought to be adopted. Neither of the plans which have been pro posed may be acceptable to the house without alteration, and I therefore venture to make this suggestion. The CHANCELLOR of the EXCHEQUER —Sir, the proposition which the noble lord has just made, it must be obvious to every hon. member, is one which would afford a most convenient mode of dealing with the question of the Government of India. A different course has been adopted by the Administration, but I am quite ready to admit that the course now suggested is better adapted for the convenient discussion of this great measure. (Hear, hear.) I am also, sir, free to admit that during the recess her Majesty's Government have had this subject under their consideration, and were not insensible to the convenience of such a course The house will, however, no illect that in the first at tempt at legislation on this subject, the noble lord the member for Tiverton proceeded by way of bill ; that course was sanctioned by the house so far as permitting the bill to be introduced. There was a general feeling in the house that no unnecessary delay should take place on the subject of legislation fir India. The pre sent administration adopted the same course, and brought in a bill. The two hills are now in precisely the same situation in the house. The principle of neither flee been adopted, but permission has been granted for their introduction, and both have been read a first time. No doubt, sir, if we had originally pro ceeded by resolution, the discussion would have been attended with much advantage, the task cf legislation would have been facilitated, and there would have been no great delay in the long run ; at present it is im possible not to be sensible that we have a pro spect of a lenethened and animated discussion, if not of a party struggle, arid not that prospect which the coun try would look to for a satisfactory settlement of the question. I should certainly have felt great difficulty, after having myself proposed the bill, in asking the house to consider these resolutions, but as the noble lord has raised the question, I shall not ebriult from the task ; at the same time, as the noble lord bee introduced this mat ter, I am sure every gentleman must feel that the reso lutions could not be in better handethan his. It the house, therefore, should consider it ,xpedient that this course shall be adopted, instead of coining to a single vote and discussion on so many and such various questi, 714, we shall have an opportunity of proceeding by resolution in a committee frf the whole house, and obtaining their opi nions after full discussion. On the part of the Govern ment there will be no objection to such a course. The her,s will feel that if we are to adopt this course, there should be no unnecessary delay in doing so. The two bills are now in precisely the same state ; but if we are to decide in a committee iif the whole house what are to be the principles on which the future government Of India is to be framed, we should proceed without any unnecessary delay to discuss them, whether the task of introducing them falls to me (it it does I will no;, shrink from thet ask) or whether they are to be prop, sed by the noble lord who has suggested this course. No one possesses more authority in this house than the noble lord; no one has earned it by greater efforts, or more richly deserved it. I must say, it would be most agree able to myself that the cobs I)rd should propose these resolutions—(a laugh)—but 1 do not shrink from the re sponsibility of doing so. (Hear, hear.) On one paint we are all agreed - that there should be no unnecessary de lay—and that the earliest day consistent with the pub lic service should be fixed for the discussien. It the noble lord consents to propose these resolutions, it will be our duty to facilitate him in bringing them forward. It is of the greatest importance that the financial statement should be made as soon as possible ; I have fixed it for this day week ; but if the Friday after, or that, day week, will be convenient for the noble lord, I bare no objection. I trust, however, be will allow the house to see the resolution before that. Sir, I shall look with interest to the discussion. I believe the course recommended oy the not le lord is one which will condece to the public interest. (Hear.) We shall have an opportunity of giving a formal and mature opi nion on many points with regard to which I cannot but feel there is a great misconception in the puulic mind as to the effect of rho proposal made by the present Go vernment. It is molt desirable that we should have an ample and complete discussion on all the points involved in the transfer of the government of India from the com pany to her Majesty, as to the character of the officer at home to be entrusted with that office, as to the question whether there should be a council or not, or if there is a council what are to be its materials, whether it is to be par !y e'retire, what is the mode of procedure it should a(!opt. If we adopt the coura- Fooeested by the noble lord, not only will the great question of toe gevtrament of India be amply and completely discussed in this honee, with all the advantage to be derived from the knowledge and experience which many of our members possess, hot it will bo discussed in a spirit totally devoid of any party feeling, and we shall arrive at a conclusion which will be satisfacomy to the country, and which will tend to promote the safety, honour, and welfare of our sove reign and her dominions. Lord J. RUSSELL—I should explain that when I stated teat I should be ready, although it migtit be con sidered great presumption, to propose a resolution of this subject, it was on the suppesiiion that the Government might altogether decline to take that course ; but now that the right hon. gentleman has said that be does not shrink from it, I must say that it is a question which be longs properly to the Government. (Hear, hear, from the opposition.) Sir C. WOOD Paid ho was very glad t.) bear the last few words of his noble friend, having en at the same time as his noble friend to express his utter astonish ment that, however able his noble friend might te, er ho wever competent bernight be, to deal with any question which might be brought before tie house, a question of that kind should be suffered to fall into the hands of a private member—(Opposition cheers) —ai.d not 'be brought forward on tav authority and re=poupibility of Government (Cheers.) He did not concur in the notion which had been prevalent of late, that the Goverpm , n of the day should be called upon to undertake legislation upon all kinds of petty and minor sus jests ; but every one must admit that questions of primary importance ought to be dealt with by Government, and never had there been a question of greater importance than that which related to the future administration of India. He was surprised that upon such a question the Chancellor of the Exchequer could have even indicated the possibi lity of the Government abdicating its functions. (Chee rs.) Ile had endeavoured at all times to avoid the introduc tion of party questions in connection with Indian ty pe t and wishing to wotopuuld not yet pursue the evensam imeinctourasteeoptig pi thoeppie occasion—he oi r of the bill proposed by the Government; but he must say 185 S. - - . and he did not. believe there were five gentlemen in the house who differed from him on that point—that this was a question which could only be brought forward by Government, and if they were willing to abdicate their functions as a Government the house w uld not permit them so to do. (Opposition c h eers.) He could not see i any advantage n proceeding by way of resolution. His noble friend (Lord J. Russell) had quoted the precedent of 1313. He (Sir C. Wood) did not think it applied to the present case. In 1813 there were a great many ques tions raised which bad long since been put to sleep, and which were of a very difficult nature — que,tion s w hi c h referred to trade and navigation, and which must neces sarily have come before a committee of the whole house. Oa that occasion, it his memory were correct, Lord Cas tlereagh moved 14 resolutions. One resolution referred to the government of India, another to the trade with athird to trade with China, a fourth tothe powers of the Governor General in Council. In fact, there were 14 different enbjects comprised in the 14 resolutions. That was not the case now. None of these questions of trade and navigation were now before the house nor was it proposed to bring them before the house either in the bill of the late or in that of the preterit Go vernment (Hear.) Still more, as it seemed to him, did the present case differ from that of 1813, much of the mater that entered into the bill of that year being omitted in the bills now before the house. The only topic to be considered at present was the home govern ment of India, in what manner that government should be con•tituted, and upon that subject there seemed to him to be no practical difference of opinion. The main question raised was whether the government of India should in future he ex- reised in the name of the green, and upon lhat pint they were all agreed. The late Government was supported in its proposition to that effect by a !ergo mejority, and the present Government had made a similar proposal. He did, not, therefore, see how legislation could be advanced by proceeding b 3 way of resolution. Unless the Government had changed their minds zip to the best mode of forming a government for India —unless they DOW thought that the proposal which they had made was not a good one and ought to be abandoned, he did not see how they could propose resolutions upon which to found a bill. Such a course would be a mere waste of time, unless the Government had changed their minds and wished for a decent excuse for withdrawing their hill. (Cheers ) Mr. ELLICE, sea., considered it was the duty of the Executive Government to bring forward resolutions as proposed. He also considered legislating on this subject would rather be retarded than furthered by the course lroposed. Mr. WALPOLE said he had risen in consequence cif the observations of the right hon. gentlemen opposite (Sir C. Wood), seconded by those of the right hon. gen Osman who had just sat down. He thought both those right hon. gentlemen had mistaken the purport and in tention of hes right hon. frietid'et (the Chancellor of the Exchequet'e) remarks intimating his willingness to ac cede to the kindly propesal r f the noble lord (Lord J. Russell). In point of fact his right hon. friend said dis tinctly that he did not shrickfrom the responsibility, and he believed he did not intend to shrink from the respon sibility—(Opposition cheers)—which properly belonged to the execteive Government, of proposing to the house any measures which might he called for with reference to se large and important a question as that of the go vernment of our empire in India. What his right hon. friend did say was this, that the house was in possession of two bills, one introduced by the late, and the other by the present administration ; teat the house being in possession of those two bill., it would not become him, as the organ of the Government in that hous), to aban don the proposition which he himself had made to the house, unless he found, agreeably to his own opinion, the house preferred, having regard to the discussion of the question, that they should go into a committee of the whole house. Now, he quite agreed with his right lion. friend, that when it was intended to embrace in one measure certain great and comprehensive principles, it was advisable—arid that was the ground taken by Lord Liverpeol in 181$—that those priecii les should be can vassed, discussed, deliberated upon, and, if possible, de cided upon in the first instance, so that a hen the house came to deal wi.h the mea-ure the main principles would have been settled. Torre was this advantage in that mode of proceeding, that the house would under its forms have an opportunity of ventilating the question in every possible point of view, instead of discussing on the second reading a bill which might involve more principles than one, and might be supported or opposed on mars grounes than one. Ile agreed with the right hon. erentleenan opposite (Sir C. Wood), that the precedent of 1813 was founded partly on the notion that trade was involved. Looking to what fell from the noble lord opposite, he thought the house ha i intimated unmistakeably by its cheers, that it thought some proposition should he made which wrath' enable them to discuss and decide upon this important questiou with as little reference as possi ble to party—(hear)—but he was sure his right hon. friend cad not inccnri to convey that the Government 'sidled to abdicate th,ir functions—functions which they would endeavour to discharge a ith satisfaction to the house, with satisfaction to the Queen who had celled up m them to s, rye her, and with satisfaction to the country whose welf ire it was their desire to promote. Mr. MANGLES toped the house would allow hi,n to offer a very few observations with regard to an expree pion which fell from the Chancellor of the Exchequer. The right hon. gentleman said it was probable that party spirit would prevail iii the debates on this subject. Now be entreated the house, with all hurnili•y and deference, but with the utantel earnestness which he was capable of, not to allow any such feeling to enter into the discussion of that momentous question. The greatest authorities on Indian subjects, amongst whom he might especialy mention his lamented friend the late Lord Metcalfe, had expressed it as their (minion that India would be placed in extreme jeopardy by the introduction of party spirit in legislation for her ; and he believed every man who was acquainted with India would coir.cide in that view. (Hear.) It wag of course not to be expected that the the Court of Directors, representing the East India Company, should acquiesce cheerfully in a rneakure which would abolish their functions, believing, as they did, that their administration of Indian affairs had been beneficent, honourable to themselves, a d adva,:tageous to the country ; nut he would ray for himse f and for the gentlemen with whom he was associated, that as soon as it shot/lobe deteimir ed by the will of Parlia ment to place India under the direct administration of the Crown, they would, without any reference to party, give their best assistance in carrying out any measure which that house might in its wusdotn think the best fitted for the government of the countryli (Cheers.) It bad always been the pride and the b act of the Curt of Ellrect,ra that, whatever might be the individual .entiments of its members, as a body they had no politics, as a body they had kept themselves free from any party associations. He was sure that would be the case now, and be earnestly entreated the house to act a similar spirit. In stich a case as th 44, it would be an eternal disgrace to them to suff-r any pasty considera tions to influence them with regard to any proposal which might be made, from whichever side of the house it wigt:t proceed. _ _ Mr. AYRTON expressed his surprise at the course about to be pursued. Having an objection to the bill, he had thet evening given notice of a motion for the second reading that day ,ix months, for which it was set down for second reading. It now appeared that the bit was to be withdrawn, and the house proceed on the resolutions. He could not see the wisdom of such course, and he thought both bills should be disposed of by the house on their merits. Lerd PALMERSTON-1 entirely concur with my hon. friend the member for Guildford (Mr, Mangle), that the question of the government of India ought not to be made a party queatton between the two sides of the house. This is far too important a matter to be made the shuttlecock of party--(hear, hear)—and I, for my part, am perfectly prepared and desirous to discuss any ar raegernent whatever that may he suhnitted to the consi deration of this hou e upon its own merits, and with a dee regard to the national importance of the subject. (Hear, hear.) Sir, I am so deeply impressed with the im portance of the arrangements you are going to establish for the government of India that, although I think the government should be transferred from the Beet Leila Cernpany to the Crown, still I should prefer things being left as they are to the passing of a bill which could be objectionable in its provisions, because we know the ut most inconvenience which can arise from deferring legis lation to another year, while we cannot equally anticipate the evils which wry result from a bad organisation of the future government of India. (Hear, hear.) I shell not now express the opinion which I entertain with regard to the bill which the present Government propose. But with respect to the preference which it is said should be given to the mode of proceeding by resolutien, I would beg to submit to the consideration of the house that that mode of proceeding is inapplicable t the present state of thing. and would be a departure from the ordinary practice of this house. There are certain matters, with regard to trade and so on, in reference to which the rules of Lhe house require that betore a bill is introduced the house should a.rPe, by resolutions adapted in a committee of the whole hou:e, to the tutiderneetal prineinles on which the proposed measure should rest. But those rules are limited to a certain description of subjects, and I appre- hend that the subject of the government of India, as ib is now presented to us, does not fall within the scope rf those rules, and that, consequently, we are not obliged to psy any regard to the regulations under which this house proceeds by resolution in preference to a bill. If thet were the case, the last Government and the present one would have committed a violation of the rules and orders of the house ' • and as the course adopted by both administrations has been sanctioned and nut found fault with, I may venture to conclude tha.t there is no Parlia mentary necessity for proceeding in this case by reellu• Lion. Well, then, if the arrangement were suppos - 1 1 . , e ° eentain some principle so important that it was d c ti t r ee ti_i .f that it should be discussed by itself in a committee the whole house, that principle must be the on e _ o w ame ly, is the foundation of both the bills before u India that of the transference of the gove rnment thres ponsibl from the East India Comparry t thst Princip le is , advisers of the crown. But that by the house I apprehend admitted, fle d I apprehend it b e ar, — but by the country—(hear , from t h e which we would be entirely going back d i , c uss the ! queston whether have made to begin nor ":.hould or should not be trans the government 11ilaea • ) Well, then, if the principl e is admitted by both o• r : rties in this house and by every per son in this cou ntry P w l ho has given any attention to th e su bject, there w ou ld remain as subject matter f or reso lutions no thing bet the details of the b i ll. O n l y conceive w h a t an i n convenient precedent it would be if it were oita blisbed that when the government or a private mem ber whined to introduce a bill, instead of the government or the rrivate member taking the trouble so to frame the bill that it would contain all the regulations which were tbought expedient, the house should be called upon to pass the future clauz es of the bill in the embryo state of resolutions, leaving it to somebody else afterwards to adapt those resolutions so that they would form clauses of the bill, Why it would, is the first place, be a area waste of time. The house woeld have to go twice ore the same matter, the decision cf each case depending upon the accidental presence of members at the time of the di.cussion. Not only would it be a loss of time, but it would not follow necessarily that the details affirmed in the resolutions would afterwards, when they game to be shaped into clauses in the bill, equally meet with the approbation of the house. (Hear, hear.) Sir, I realp think that, in deference to the ordinary course of prc. ceeding and rules of the house, and with a view to th convenience cf Parliament, as the house has before it two bills containing all the details which those who pro. posed them thought adapted to the case, we should pre. teed to the discus-ion of the bills FO framed. If we went into a committee of the whole house we should have t discuss each clause in the form of a resolution, and it appe ars t o me that at the same time that we should be establishing an inconvenient precedent, it would be ski mere waste of time to pass resolutions which somebody woubi afterwards have to shape in such a way that they could pass. The CHANCELLOR of the EXCHEQUER—Sir, let me say, in explanation, that the right hon. g , ntle. man the member for Halifax certainly misunderstood the expressions which I used, if he supposed that there was any wish on my part to abdicate the functions of the government either on this or on any other subject. But I havirg been the organ of the government in intro. ducing a bill re'ating to the government of India, alai the notle lord (L-rd John Russell) having risen in hilt place, and expressed his intention of proposing resole. tions, I thought, and on reflection I cannot but feel that I was right, that I should have been guilty of the we. arrogance if I had not at once said what I did. I think that had I taken any other course I should have acted in a manner which would have been inconsietent with the forms of the house, and indeed with the con duct of a gentleman. At present I can only say that I undertae the responsibility which is thrown on the government, I will place the resolutions on the table of the house early enough to give the house ample tims to cmsider them before it proceeds to the discussion, and I propose that this day fortnight those resolutiona should be moved from this table. Mr. BOUVERIE said he really thought the hence and the country should unthretand what had become of the government bill. (Opposition cheers.) Was there to be a third India B 11, and was it to be different from cr similar to the second bill Y The right hon. gentleman seemed very anxious to get rid of the Government bill by a side wind. having jumped with the greatest glee at the proposition of the noble lord that they should pro ceed by resolution. He could not recollect an instance inlwhich any Government, whether weak or strong, had proposed a bill having a particular object, and when thkt bll stood in the orders for discussion bad laid on the table resolutions involving the same points. This ap peared to him a complete abdication of the functions of the Government ; and whatever might be the opinion of that boos; the public at large would be utterly at a IDss to understand the course pursued by the right hon. gentleman. Sir B. HALL said he wished, bef re the house pro ceeded with the discussion, to put a question to the rigl t hon. gentleman the Chancellor of the Exchequer. It would be in the recollection of the house that the right hon. gentleman, on being asked by the noble lord the member for the city of London, before the recess, when he proposed to take the second reading of the India Bill, first mentioned Friday, the 16th, whereupon the noble lord proposed that it should be taken on Monday, the 19•,,h, and the right hoe. gentleman acquiesced. It, was not f r him (Sir B. Hall) to inquire into the reasons which induced the Government to postpone the conside ration of their measure; but as the right hon. gentlemen had put the question on an entirely different footing, and stated that he intended to propose re•olutions upon which a measure wool i be founded for the future government of India, be thought he had a fair right to ask, and the house bad a right to know, whether the right hon. gen tleman intended to abandon the bill, or meant to proceed to the second reading, or whether he intended to found on the resolutions some new measure for the government of India ! (Hear.) Mr. HORSAIAN said it was evident that the house was in a great difficulty, and he feared this was only the beginning of difficulties, which would accumulate as they proceeded with the consideration of the cut jest. (Hear.) When they first heard of the disturbances in India there were two feelings which succeeded each other in the minds of the people of this country. The first feeling was that the double government of India must be got rid of ; the second wan that it would not be easy to find a substitute for it. Now, two efforts had been made to provide a substitute ; they had before them two bills emanating from the highest sources, and the only oistinct impression made upon his mind was an impression of the inherent difficulty of the question, and how much any measure must be depot dent upon the forbearance and the aid of Parliament and the country f a successful issue. They had been told by his right hon. friend the member for Coventry (Mr. Eilice) that ttie course rec.iminended by the noble lord the member for London was unprecedented. He was afraid that the whole course adopted in reference to this object was unprecenented. They called themselves a prac• tical people, and yet they had in this instance departed from the invariable course of proceeding in such cease as the present. The rule hitherto observed was, first to suppress the disturbances, next to inquire into the causes of, here, and then, having a•certained the causes, to pro ceed by legislation and ether means to supply a remedy. In the present case, instead of adopting this businese like recommended alike by unvarying prect dent and by common sense, they had pros. eded to frame a new government for an empire in whice their rule had yet to be re-established, and to take legislative precau tions against the recurrence f evils which they did not yet even pretend to understand. (hear.) There was another respect in which the course pursued was without precedent. This great charge was proposed without any preliminary inquiry, a course for which, he ventured to I tay,f the oldest member of that house could not cite a pre. , cedeet. As regarded India, it was the maximum of change with the minimum of noti ce or i nqu i ry. F our years ago there was a very lung inq u i ry w i t h regar d to the reneeal of the East India Company's charter, and what was the result ? Why, it was virtually the re ron ges t c ondemnation of tie coins, now pu rsue d. The witnesses consisted of the highest authorities in reference to India, every one of whom declared that the existing govern ment of India was the best that could be devised. The Government of the day also coincided in that opinion, and the concurrence of the house wee recorded in the statute book of the year. Thai, committee might have bees mistaken ; its report might have been mere waste paper, hut merely for the sake of the house and for its consistency, it wool i have [been well to have adopted some preliminary is suit.) , before proceeding. But as the house had deter mineu that this was a proper time for legislating, he should not have ventured to make these observations but for the position in which this matter. was now placed. There were two Lids before them, and. they might vote for the second reading of bath, for tbey were both founded on the same principle. Or they might as a party vote, carry one against the other. Or they might permit the present government of India to go on - eithout, interruption. He agreed with his noble friend j (Lord Palmerston) that there were inconveniences in post ' poning a measure for one year. That inconvenience wan, however, but the inconvenience of a year, whilst the in convenience arising from. a faulty or mistaken measure was an inconvenience which would last through all time. Fseling, therefore, that neither bill was satisfactory and having tufore him a prospect a-, which he looked with great dread— viz., that this measure should be discussed as a party question—he thought that the proposition of his noble friend the member for the city of London that resolutions should be submitted to the house as to whe ther there should be a council, and as to what should be its constitution, was one which ought to receive the sup port of the house. He thought, indeed, that in a case of so much difficulty and of so great an importance, that the house was under an obligation to his noble friend (Lord J. Russell) for the suggestion which he had made. Sir B. HALL hoped that the right hon. gentleman (the Chancellor of the Exchequer) would answer hie question—was it his intention to procured with or to abandon his bill neer. this subject The CHANCELLOR ef the EXCHEQUER—I have already trespassed on the attention of the house but with its perrniesion—(h,ar, bear)—l will reply to the question of the hon. baronet. It is my intention at present, as I think it is the general wish of the house that I should do so, to propose these resolutions. (Hear.) I shall pro pose them on this day f'rtnight. It certainly never en tered into my imagination to give up the Lill I had the honour of introducing. I have a lively conviction that the result of discussing these resolutions will be to e ffect h such a change in the general view f the house that the bill which I had the honour of introducing, will remain upon the paper until we have deciadnedd which resolutions, will in its general scope be adopted by b the house, and, modified no doubt in some e dep: c e united experience of the house which th ultimately those resolutions will bring to light, willhear.) ussiyonthoef be come the law of this country. The sus jest then dropped, com mittee was agreed to. AND NAVY ESTIMATES. SUPPLY- -THE ARMY A to committee of supply, and(Eithee2r' re port of the On the motion for c pportnnity of calling 11i: L ° r the army and navy, which heavier than any which had yet been were several millions was atten tion M r t . e W t h r e L p l ; present S estimatest-o ooiku It the duty of the House of submitted to that . ho to u this matter, and to devise a remedy. Commons to lookein_ shoes the referring the estimates to a se bTo show the extravagant amount to which /II ittee. ad I , grown, he would call the attention of the estirna t o es she doings of former governments in this par ties house i t would go back to the time when the hoes, was ticular. 1 e ITechtiscocoeuuld only when it was said to bo a parliament o f e buonrrforonnougtinaongers, and show that even then such estimates as t h es e bad not been brought forward. He wished it to b e understood that he did not cast the blame upon the present Government. It was upon its predecessors that the eharge chiefly rested. At the same time the present Adminietta tion ought not to shelter itself too much upon the plea of what it found done by those who preceded it In office, but should endeavour to avoid the course w hi ch they hat marked out. In referring to femur times he would com mence with the Govoinment of the Duke of Wellington before the reform of Parliament. He found that the army and navy estimates of that day wore lase than the present by the sum of 6,350,0001. In the last year of the existence of the unreformed house, under the Government of Earl Grey, the estimates were 7,000,C001, less than the present. In ISe4, under the Government of Lord Melbourne, the difference was 8,200,00 J/. in favour of that Government. Under the Government of Sir B. Peel and the Duke of Wellington, the army and navy estimates wore 8,630,0001. less than those of the present day. tinder the Government of Lord J. Russell, in 1832, they were 5,5"..0,C007. less, and under that of the Earl of Aberdeen, the difference was i,360,0001. He should like to have an explanation from some member of the late Administration as to the_ n_e oo ec i s; city for this difference. Au idea prevailed out o f doors that it was in some degree to be traced to r eam Not bles in India. That was, however, obliged to ex pend every out lay,-a" occurred last year, through a pei p lit en o n n y th h a a t d ac t c h ot e int G --- oT th e e and in fact a saving had . ri,ma.a.aitie _ Government y be h e a n u : t b.rn d India. thonurriber of soldiers who were be; b t °CS. WAS Dot aide, iam 3, I that. Lary ,am- rge's first ions dger iriee, there sub- rould I also ~ on ionic. is my pour■ rtion, ion of no to 'pour ut se- all i 9 i 2sgd all all I'4 all FOR IGN. 63* 1071 27 38 i 16i i 50 25 12 12 26i 13, 20 St. 20 12 i, 25 20 St. St. 25 10 1.0.t3 I