The Sun. — London, England, 1860-03-16 00:00:00

... MONEY 11.14.RKET AND CITY NEWS. SHARE 1114.1RKET.—( THIS DAY.) . ._---o—. CITY, Two O'CLOCK. ORDINARY SHARES AND STOCKS. There has been rather more animation in the Share\ Railways. Paid. PCI osing Business F l ast t reign and Colonial Produce Markets during the hi few days. Tea has been dull, but it has rea- 12.101,kintiNoTting. Bost. lised fully late quotations. Sugars have been lan I Eastern Junction 10 61 61 61 by ate dealt in to a fair extent, chiefly for home consEmp. 50 i fl , ll ;,t, and Baliyxnena . all 1 _ !3,11 Ir. ~ 7 •.! ',ld:ltr. Vll V 1 I o al Lis tine, and the finer qualities have slightly ad- -!, 1.,,,I,ourn ith van 25 rt , yth and Tyne all ced. For coffee there has been a steady inquiry, io Bo' st.Slefd.& Mid. Coon all 61 7 at Plantation Ceylon obtainingfull There has Bristol and Exeter ors rates. Stock Stock Caledonian be been an active enquiry for rice, and the superior de- 10 Carmarthen & Cardigan all 50 Cork and Bandon 9 -- ere rgeriptions have advanced in value. Fruits, spices, 20 Cork, 131krock,&Passage all rer and cocoa h ave b een i n m oderate demand, but only 20 C o rnwall all 6 6 1 A roves. no div om a limit e d amount o f b us i ness h as b ee n transacted 1 : 1 Ti32.u. A until6p.c.per an c all tt hasbeen pd.toß t all Lnd in saltpetre, prices having slightly given way. 50 Dublin andßelfastJunc: all 'di- Tallow has continued dull, the trade having pur- 25 Dun.,Pertli,& Abr.Junc all 74 8 in Stock East Anglian lOO 16 151 15} 011- ChaSed to only a moderate extent, and few specula- Stock Eastern Counties lOO 55 56 664 4 1 tive dealings have been reported. Stock Eastern Union A Stock 100 37 39 Stock Do. do. B Stock 100 26 28 tort There is still an active demand for disconnt ac- 25 Do.Nw.A. (l te. E.U3ds) 81 20 East Suffolk c ommodation, and the consequence is that full rates stock ~ ,;no b "e charged, especially as the supply of bills is Elli n.:l lr e g rtl t i n , d .4 , i 100 75 80 _ _ l u a n s _ e e w e. _OO 281 29 1 29 8 9 stock Stock () Furness Clyde Junction g —__ _ likely to continue large for some time. Very little Con. abatement in the inquiry is looked for until after sr o ck Glasgow& South Westn. 100 100 101 Great rea I , so o l e o r f n Scotland el the pay m en t s of the 4th proximo, when the market ; toStock Stock Do. do. A Stock loo 1 - 20 11 - 1 1101 1 1111- Will also derive some relief from the distribution of Stock Do. do. B Stock lOO 157 108 107 1 8 100 131 133 1314 the April dividends. On the Stock Exchange a Stock Gt. South.&Wstn.(lreld) 100 113 115 large business has been done in loans during the Stock toe Weste rn I G i r o eg ra i Gna.Stk. 10 0 0 8 . 0 84 15 g4 11 91 9 last day or two, owing to the liquidation in foreign 12 _ Irish South Eastern all Stock Lancashire & Yorkshire 100 100 1001 110 1 4 100 tion stocks and railway shares. stook London and Blackwall. 100 69 70 the Stl:t9Y ions E ig a lo a n n tS jo l o o v a e s r t Izol 1 12 ll3 1111 1 1 A sum of £14,000 was withdrawn from the Bank of 20 Ch England yesterday for exportation. Stock London &North Westn , 100 98 581 084 75 8 7 are 124 Do. Eighths lO 1 1 d 1 4 The Saldanha h as b een announced this morning Stook London& South-Westn lOO 921 534 03 21 4 Mr. from Melbourne with £57,260, and the Shannon, 255 p d le e rry iz Enniskillen a ' •. a all 8 — to from the West Indies, with £89,399. Stock Man.r,lihet., & Lincoln lOO 41 421 424 2i 2 ar ynort and Carlisle eng The half-year's interest on Chilian 6 p er Cent. Lo Ir i Do. do. 4 Shares all d Bonds has been advertised for ayment. 10 metropolitan. Stock Midland ..... . .... . p 4 The Liverpool cotton market yesterday Closed Stock Do. Binning. & 50 Mid. Gt. West.(lrelancl) all steadily, and a fair amount of business was trans - 25 Do. 4 Shares as in acted, at full rates. The sales amounted to 12,000 25 Mid Kent all all üblic 10 Do. ( Cray Line) — bales. In the Railway Share Market the trans- 100 Newca stle . a nd Carlisle all actions were rather numerous, and prices further Til w : . Newry A Z eL:m&a:lllerdeefg) a ll 10 11 ) improved. 20 Newry, Warpt., & Ros all 164 Stock Norfolk lOO 55 5 8 Notice has been iven that the sum of L 6,283, 50 North. Counties Union 34 31 1(I 611 Stock North British lOO 61 611 g 1 ender the operation of the Sinking Fund, has been Stock Nor.Dev.Rail.&Dk. Stk. 100 Stock Do.A Stk.—Arec.no div. !.-- 131 1 31 0yed in the purchase of 89 Chilian 3 per Cent. until 6p.c.hasbeenpdß 100 100 Bonds; and also of £3,887, for the extinction of Stook Do . r North-7:esitcn.—Berwick 100 931 931 9 3 1 i 1 . leged 36 Chilian 41 per Cent. Bonds, amounting th Sto c k g o o: Te (ejrcis".Pareh IV 46f 47 47 Th• 100 7 01 77 761 i 4 I Mr. 44 )400. • Stock Do. York Stock North London lOO 105 107 20 North Staffordshire 174 34 34 d 14 414 , who At the forthcoming meeting of the Linares Min- 10 No. & Son. W. Junction all 9 91 name ITer • 100 41 41 411 24 11 1 10' O x for d , W"•'& W° • all 8 9 ing Company, a dividend of 6s. Bd. per share will Sto ck be proposed. 20 Portsmouth cant's 10 Rhymney lO 14 6/ if the A very limited amount of business has been Stock Scottish Central lOO 116 118 d, and transacted in the market for Public Securities Stock Scoth.N.E., Aber. Stock 100 304 311 301 Stock Do. Scottish Mid. Stock 100 07 89 a car- to -day, owing to the dulness of speculation and the Stock Shropshire Union lOO 47 49 Sittingbourne & Sheer all 3 1 24 d Stock )eare d disinclination on the part of the pu blic to effect to oc k South Devon lOO 42 44 came investments. Consols are 94 ! for money, and StocklSouth-Eastern lOO 854 881 871 1I } $ B B 9 St re. 941 I f or the account ; India Stock is fi rm at 2201; Zoog l ck o o ul l Ny o a r le ks s A 1 cto Ri v . Dun. 100 71 73 • 1 your ditto New Loan is fiat at 104! I- ; and 51 per 20 !Staines, Wok., & Wek all 6 8 25 Stockton & Darlington. all 38 1 38 4 ridge ? Cent. Enfaced Paper remains at 10n; Long An- 25 Do. do. 161 nnities (1880) are marked 13 1 ; and Exchequer St — stock Valeckton & llartlepool 100 Bills are 18s. to 21s. prom. Stock' Do. Preference, No. 1 25 ThamesHavenDk&Ral 22 The transactions in Foreign Securities have been 50 Ulster all 51 561 25 Do. 2O 24 34 p rather less numerous, but prices exhibit no varia- 12 10 ! Do. Wy. 1 ton of importance. Turkish 6 per Cents. are 794, Stock Vale of Neath lOO 55 60 ! 10 iVictoria Station & Pim 91 10/ 101 to 801, ditto New 62! and 631; Brazilian 5 per StockWaterford && Kilkenny 1001 1 Cents. are steady at 103; Peruvian 4t per Cents. 2g (W a es t r Cornwall L imeric k all 5 - 1 —ei 5) IT I Ithnal.• have improved to 92! ; Portuguese, to 441 ; and ro Nest l'g a il s o s n all lo...___2__ . r,,,,+., 4,-, A5l. • hut Mexican is flat at 20 Do. 2 d Class all ... The transactions in Foreign Securities have been 50 Ulster all 554 564 p 25 Do. 2O 434 p rather less numerous, but pr ices exhibit no varia- 12 10 ! Do. Wy. i lion of im t nce Turkish 6 per Cents. are 79 4 s thek[ por a . vale of Neath lOO 55 60 ! 4 ' 10 i Victoria Station & Pim 95 toi lot TC to 801, ditto New 62t and 631 ; Brazilian 5 per Stock Waterford & Kilkenny 100 - - 13 50 ;Waterford & Limerick all - - J Cents. are steady at 103 ; Peruvian , It per Cents. IT A 20 !West Cornwall ithnal.- have improved. to 921; Portuguese, t o 441 . "d , 20 West London all - - 10 Do. Ist Class all - - Ighan, Russian 3 per Cents. to 65 i ; but Mexican is flat at 20 Do. 2d Class all .... - tc k, Ox- 22}. PREFERENCE SHARES. rs, the The Ocean Marine Insurance Sh ares are 3 . 7- i lryants Prem. ; the Universal ditto, 11- prem. ; the Buenos Closing Business share d Railways. Paid. Ayres Railway Shares have a dvanced to 111 - Price. Done. nAween g the ' prem. 25 Blythe and Tyne It per 0. pref. (Issued at £5O) all - - Leading The transactions in the Railway Share Market 1 Stk Bris. & Exet4p.ctStock 100 96 QS .e went lave been active, but less fi rmness has been apps- 20 Do. do do. Shares l4 - - Stock' Caledon 210, 45 per cent 100 100 102 P rkshop Vent in values. Eastern Counties, Great No r t hern, 12.10 Do. Quar. Shares, No. 2. all - - do yots 65 Cork & Bandon, 54 p. C. all - - Great Western, Lancashire and Yorkshire, Nort h - t] 20 Cornwall, 5 per cent all - - •eplied, v Western, South-Western, North-Eastern, Berwick 65 Dun. Perth,& Aber.Jun. all 55 6 arhaps, Stock E.Angn. Class A 7 & bps 1 00 99 101 v as then and Oxford, Worcester and Wolverhampton have Stock Do. do. Class B 6 pc._ 100 110 115 Stock Do. do. Class C7pc . . 100 103 108 )along- declined 55.; and Edinburgh, Perth, and Dundee, Stock E. Coun. Ex. s pct. lkio.l 100 11 113 1415 Stock Do. do en col- 10s. ; Midlands advanced ss. Stock Do. New 6 per ct. Stock N 0.2 110000 12510 1 1 2 12 7 si a. The b Rock Edin.&Glas. spo shares 100 110 112 The Foreign lines have been quite neglected, Stock Eastern Union, 4 per et. 100 B4 sere for Stock Do. 4 p.c. gua. S. & D., 100 89 91 v out of prices Wing nominally unaltered. Stock Edin. Perth,& Dun. 4 pc. lOO 76 77 b i i In the Colonial Markets a steady business has Stock Furness, 5 per cent .... I, 100, - -t , • been done, but at slightly reduced rates. East Stock Glas. &S West. •a. spc.l 100 18'120 E a their Stock Great Northern, sp. ct.l 100 117 119 a Indian have receded to 1021 1021 ; Great Indian Stock Do. 5 pcßedm.,loP.C.pml 100 109 111 1 10 StockiDo. 45 p. ,k him peninsula to 100 and 1001. Grand Trunk of 100 ,Do.sp.c. R edm. ,5 pc. pm BO 84 86 10 !Gt. Nh. of Scotld, lat c pf.l i m. Canada are 341 rkshop, 1 GtSn & w ( I re l and)4' )4 all -- _ t Joint-stock Bank and Miscellaneous shares show Stock' • 1 100 96 98 len told p. ct. pref. Stock 1 little variation. Oriental Bank have improved 50 Great West. (Berko and ] Dll em- 108. ; Crystal Palace 15s. Hants) Ext. 5 p.ct.. .„ 1 2 - Stock Do. Redeemable, 44 p al', iv. 98 100 -- Stock Do. Redeemable, 4p. et. , 100 87 89 Stock Do. Irredeemable, do 100 100 9 0 0 0 102 92 per wat BRITISH FUNDS-CLOSING PRICES. Stock Do. 5 p. et. Redeem. Pref. 3 per Cent. Consols Annuities l) 9 5 10 5 Long Annuities, expire sth Jan., 1880 1 35 10 Gt. W. Ches. 8 p.c.pf.sh. all 17 18 T India Stock , Ditto 5 per Cent. 261 Do. Chestergnar.shares all 194 20 Ditto Enfaced Paper, 4 per cent - Ditto 5 per Cent 995 1 135 Do. do. do laicism Ditto 55 per Cent 1055 20 Do. do. do. 1 all 145 15 Stock ,Lan. & York 6 p.c. stock ) 100 139 141 a final 'Ditto Debentures, 1858 - StocltlDo.Barnsl.StLs 3slodpo ' PO - - DWe under £l, OOO - - reweii,Stock Lon.&Brig.spc.gu. N N e o . . 2 l 100 116 118 118 100 116 118 Consols for Account (April) .... mough India s.ock for Acounnt Stock Do. , 5 p. o titian- Ditto A CCOU111", 5 per cent. .Itratett Exchequer BillsStoek Do. do. sp. c. No. 4 100 11 6 11 8 118 Stock Mo. Do. 45 per cent lOO - - n the Ditto Small, 1 5d t • £l,OOO, lid.. 2l 18 .per o. shares 1 - - 18 5 Do. do. 4 5 at she, FOREIGN FUNDS - CLO SING PRICES. Stock Do. 7 percent. Pref. St. i 100 154 158 Stock D 0.6 p.c.do.(W.E.&C.P.) 100 132 136 'tenni ; 33 •azilian 5 per Cent. :mark :. Ditto 45 per Cent. M S of Mr'. Alexiean 3 per Cent. - Stock Lon.&N.W.Cov.&Nun iimad• Ditto Account ...... 225 Stock caton, sp. ct. Lon.&S. W, 7 p.ct. stook, 100 - - t while Pet uvian 44 per Cent 925 14 Londondy & Cole, 4 she. all --- 1 per Cent. D:tto (TJribarren), 4 'lid, as Ditto 3 per Cent. 725 Stock lkian.,Sh., & Lin., 6p. at.lo o 125 127 Lee led Portuvuese, 445 4 6 Do. £6 44 I 5 r 1853, 3 per Cent. Le diw. Russia:), 1822, £ St. 5 per Cent hop )0 Ditto, 3 per Cont.,' 1859 655 5 10 Do. redeem. 6 per cent. 5 i 1 P 125 Maryport & Car., 4 p.o. all - - 845 Do. 45 per cent .. .... all - - ssed a Sardinian, 5 per Cent ...... 124 bpanish 3 per Cent D o •105 - - icealegi + Ditto New Deferred, 3 per Cent. - - ;neat).; Ditto Account ............ Stock Do. 44 p. c. pref. stock.. 100 101 103 100 )cat, es I 6 Do. with option till 1860 3 5 5 p Ditto Passive Stock N D e o. % Il ia. tb il er i l p e . rg e t s . t 5. 100 94 96 deter. • Ttuirish 6 per Cent. 21 624 with. Ditto New Loan ........... 10 I w P , , 1 all 91 10 4 p. o. redeem, at 5p.0. n m i e had Lonaoa. Venezuelan 3 per Cent .............. 26 t 1 Dividends on the above payable in 10 Do. Perpet, 6p. o. with Lich r 0 , . patch Exchange, 12 Guil. 2f per Cent - option till 1886 12 10 Do., till 1869 75 par 5 p 1 son o Stock Nerilk 5 p.c. Ex.Stk,lB46 10t, - - Ditto Certificates, 4 per Cent. ........ -_ _ ;hese 3, Stock Do. 55 p. C. Pref. do. 1847 100 - - Ditto Account ...................... 1025 Stock Do.slVa.vVal.Ex.Sk 1847 100 - - gOW 1 1 Stock North British, 5 per cent 100 111 113 of ti to 941 Stock Do. New, Tuft. 5 per cent 100 110 112 Consnls, Money .................. THREE O'CLOCK. Stock Nth.Dev.Rail.&Dok.Co. 100 - 95- 1 I take) S. Ditto Account polit il i 11•11M.....=,....=..............1•MMEM1NNEM.... Stock Do. Berwick, 4p. c. Pref. 100 94 98 ------ 17 Do. do. do. ninut V' 't.13.4. 15 5 d SPORTING INTELLIG.ENCE; 26 Do. Leeds, 6p. c. No. 1. 13 - - onclvk • 124 Do. do. Quarters, 1846 . 9 - - tainOti I _---..,..---- 25 043. York, H.& S. Punch . 10 Id. p .. r .,,,., god is ~ WARWICK SPRING IkIEETA2w . 20 North Staffordshire .. . all 23 24 tion 01 : Acceptances for the Willoughby Handicap. 17 70 miles. Stoc k Ox. Wr. & Wol. Ist . g 100 124 120 Stock Do. Redeem., 2d gua.... lop - - police, i 12 subs, 7of whom pay 6 soya each. StockDo. Trredeem., 24 gua. 100 111 119 lay in •• Yrs st lb Yrs st lb . tiSh Central, new pt all - .... Jealousy 10 Rhymnev Guaranteed, all _ _ shops. , 'Worcester 6lO 12 Brother to Fyfield. 3 8 6 St, ' 34 per c. pref. stock.... 100 77 79 77 itiffea l t, Prince of Orange alo 6 Stock ‘lO Aberdeen.gua.6 pc. 100 124 120 -4: Scottish North-Eastern 100 - _ Perth l' Acceptances for the Great Warkwickshire Handicap. T wo miles. 36 subs, 35 of whom pay 5 soya each. Stock .'7p. c. pref. stock. 100 135 140 Beard /Ann. 10s. all 10 11 g bed i Yrs st lb its . South 1, .1 45 percent. all - - Stock Do. ~,,,,, Yrs st lb 10 Do. Fixe, , Beading Independence .... 4 9 0 Chirp Bevis 1.0.6. South E a stern , ..... all 235 245 ItB CO 3 6 11 Ann., 1. 0 .0 ..... . leo 102 104 nstri IC' . Conductor 5 8 2 Rajah Brooke .... 3 6 10 stockper cent . • .., Do .45 , ~,t , i s 100 101 103 101 Tbe la' 151 by Surplus, out Danae Stock Do. Fixed 45 p.e.i _ 100 88 90 a. 4 p..• 3 6 u Stock South Wales, gu a 100 99 101 he pi 'a l of Concertina .. 3 7 1 Gwellyan 100 86 S 8 atiel el l Egbert • abo co Acceptances for the Grand Annual Steeplechase. About r - A 5 P-• 25 Stock. and Da . a ll 325 3 3 4 25 Do. B 6 per cent .. • • all 32 33 prix LP four miles. 27 subs, 11 of whom pay 5 soya each. - 25 Do. C 6 per rent ..... ..„ 55 oolse if Yrs at Ibl Yrs st lb Stook Watrf d f Kilkny, 612:± 100 ov ___----------- camel 1 Brunette - FI XED RENTALS. Huntsman a 12 2 Linkboy 9 6 LINES LEASED AT ... roo 0 Redwing and * Emigrant - 1 ----- i - Busin ess 1 Leasing , Closing 3, als Ot Goldsmith alo 7 Contention ...... 58 11 Rdlways. Paid. , C o .'s. l Price. Done. , escrii?' Maria Agnes 6lO 2 Johnny 5B 11 on l ei Xileock Bedtord and liletchley all I,n n _. ..,....., 1 4 100 : • • l visitet Joe Malay a9 9 Guzzler Chester & Holyhead.. , 100 Do ....... , g A 4 126 58, an. • ...-....... Do. do. 54 p. ct;.... 100 ,Do. ...... 12 3 115 Do do 5 p et. opine' 1 NORTHAMPTON AND PYTCHLEY HUNT. J 01 103 Clydesdale. unction 1 100 Caledonin I les 0 0 'Weights for Earl Spencer's Plate. Forfeits to be doclared Colchester. Stour Val , all ,14),I1.&E 155 164 ed nue on Tuesday next. 57 subs. E.Lincolushire,g-.6p.0 100 Gt,North. 140 142 E Union,Ffr.rwichSits 1 all E.Counte.' 4 5 4 1 De di" Yrs st lb Yrs at lb Do. 1 7rocdbridge .., 100 Miss Julia ........ 6 8 12 Lady Peel 4 6 13 Gls.Barr.&Neils,Dra, 100 ,Caledonin -- •."-' ,h 014.11 Actaeon .... 48 11 Curlew - - ;1* to Montebe110 - reatea ' Lord. Nelson - - 8 Hull and Selby ' all Yk.N.Md. 109 111 a cool . " :Little Gerard aB 7 Predictor ........ 3 6 Do. 4 Shares all IDo. •Jikriadne 4B 4 Hartley. Wintney. 36 8 Do. .i Shires all ;De. 1- - _penalty 4g 4 Confectioner .. 36 3 Lanc.&Carl.gma. s p.c.! 100 ;Ln& 11 1 W1205 210 Tiara .. OA"' 1 00 I Do 'lls 120 Drogheda lets wi l/ .. .. 46 0 Lon.,Tilby.&Soutend , !Norfolk &Co., 93 95 TIA Ardour - - Theodora - Do. 6 per cent........ - e is 01 0 3 51 3 ktanc.,Buxtn. Matk.l all ,LN W&M 25 24 ,ed, will Lady Kingston.... 4 7 13 The Gentle Red Eagle 47 13 Byeways 35 ?, itt4, Bradford Prefer- I that 3 512 twee Stock ........ lOO IMidland .95 97 Bel Esperanza .... 6 7 12 Hetty gal ac - Electric 3 512 Nevi r ett B,llo,,l P rYEx 1 '5. 5. 6. E.Counts 5 5 p rinse ila 3 512 gm:ranter* 5 I). 0 . which ' 'eynricus '47 12 Venus filly ..„ - Vigo - - per d . l . 'nt• .. • sit pub" Lv olefin° 4 7 9 Queen Bee ,, Do. do. b • ti Do 3 5 i. ` Do. Fixed 5 per 6:.'1l • , a ll • •-- _ - Le• other . 111 midissid .1 145 141 Tight-lit Lich tlis I all lAN W 1 , _ Ilarseillaise bound. Preston and Wyro. 1 I&L.Yk. j sof the Orcus 47 6 Fenella - - 2.itella 137 , 0 IGt.Nortn. 135 croWo Roystn,H:tch.,& Sliepl 1, 2 *, fh. r 00.... M au d 57 6 Peseatore 0 6 Shrewebry& Herefordl 100 \ St. Clarence P Sir Isaac 47 3 Lady Grosvenor .. 36 4 South Stairoresbire .. all IN: ~2 Le con-. - Brandy Ball ( graph- all L &Brzn , 74 85 Reynard - an e 3 C"'" b thee Brown Holland .. 4 7 0 Hyder Ali 4 p aid DOCK S. .nny Ana. Ambush 4 7 0 ' I _ ..1 olosinr 1 Busing PREFERENCE SHARES. Paid. Closing Business Share] Railways. Prise. Done. Le con-• egraPh an CI -- by thee LOO,OOOl ister of ).; who proceed I s , Ice- United of sub is been by Col, it grew Sousa paid,Closing 1 Business p r ioe. Done. AUSTRALIAN GOLD.—ARRIVAL OF THE SAL -I:llNnA.—LivEitrooL, Thursday.—The Black Ball liner Saldanha (95 days out from Melbourne), was telegraphed off Holyhead this afternoon, and will a-rive during the night. She has on board 16,315 oz. of gold, valued at U 5,260. DEATH OF A LIONESS AT WOINIBIVELL'S MENA.- GERTE.—During the stay of this interesting collection of wild animals at Wolverhampton, a fine lioness, which had been for mike time ailing, died. Share Mocks. • 101 ,v 3 Stork Commercial 100 Stock Do 4 praCe‘it.Pret .Mixt 1 00 Stoek East and li Rot India.., 1 00 Stock Lonc'on lOO Stock St. Katharine ICO Stock Southarapton . lOO " 1 1 " Ntlf 4 5...0.40#10.W.Pat! t 2 7 2 4 r---- , . , ; THB SUN: - AJONDOIi, FRIDAY E V EM:O4-0; MARCH 16, 1860, THIRD EDITION. SUN OFFICE, Seven o'clock. IMPERIAL PARLIAMENT. HOUSE OF I:DRIBS—Mrs EVENING.) MC LORD CRINCELLOR took his seat on the woolsack st five o'clock. THE DIVORCE ACT. The Earl of WICKLOW presented a petition from Dub lin, 'praying that the Divorce and Matrimonial Causes Act might be extended t• Ireland. The Marquis of CLANRICARDE presented a petition from Dr. Cahill to a similar effect. He did not wish to see the law extended to Ireland, but he thought something ought to be done to enable parties residing in Ireland to come to this country, and avail themselves of the provisions of the Divorce Act. The LORD CHANCELLOR said when he was amending the bill, he introduced a clause enabling Irish Protestants to coma to England and avail themselves of the act, which clause was supported by all the Irish peers in the house, but it was struck out of the bill in its pro gress through the ether house. NAPLES. _ _ The Earl of ELLENBOROUGH drew the attention of their lordships to the present state of affairs at Naples. It seemed to be clear that affairs could not continue in their present state, and as a great number of English ships were in the Bay of Naples he should like to know what were the instructions given to the officer in command of those ships, and whether in the event of the King being driven to ask for protection it would be afforded. Tke Duke of SOMERSET said there were no special in structions. The ships were sent there merely for the pur pose of protecting persons persecuted by the Neapolitan Government. The Earl of ELLENBOROUGH said, then he was to understand that the officer in command would only be called upon to act on the dictates of common humanity. Lord ZEDESDALE said he should like a more explicit answer. He was sure it never could be intended that a person guilty of high treason should escape punishment and receive protection on board those ships. The Earl of MALMESBURY also thought it was de sirable there should be some further explanation. The Duke of SOMERSET said, in acting as he had done he was only following out the precedent adopted in countries which had been in a state of revolution. The Earl of DERBY said there had been no insurrection or rebellion. There was no overt disagreement between the King and his Sicilian subjects. Earl GREY defended the course adopted- in the pre sent aspect of affairs 4t Naples it was impossible to know whether it would be necessary to afford protection to per sons merely asking it. The mere dictates of humanity might demand it. The subject then dropped. SAVOY AND NICE. The Earl of CARNARYON called attention to the telegram received from Turin, stating that arrangements had been made between the King of Sardinia and the Emperor Napoleon for the cession to the latter of Savoy and Nice. He pointed out the difference between the tele gram and the despatches which had been written by M. Thouvenel, and asked whether the Government wore in possession of any information which would throw a light upon the extraordinary circumstance. The Duke of NEWCASTLE said the question was most extraordinary, and protested against the practise of asking questions in that house upon telegrams published in the newspapers. The despatch to which the noble lord more par cularly referred to had only been received at the Foreign office within the last 24 hours, and he must really be ex cused from entering upon a discussion of its contents. The Government, he was sure, could not be accused of keeping any information on an important subject from the know ledge of the house. The Earl of MALMESBURY said the noble duke was quite justified in the answer he had given, and declining to enter into a discussion on the subject of a despatch which had been but recently received. He thought the noble duke was rather hard upon his noble friend, who had merely asked for information. PRIVATE BUSINESS. On the motion of Lord REDESDALE, the following bills were read a third time and passed :—Belfast, Holy rood, and Bangor Railway, Newry, Warrenpoint, and Rostrevor Railway, Portadown, Dungannon, and Ormagh Junction Railway, Maidstone Water, and Brompton, Chatham, and Gillingham Water. IRISH CONSTABULARY. In reply to the Marquis of CLANRICARDE, Tho Duke of NEWCASTLE said it was undesirable to change the constabulary of Ireland into soldiers. (LEFT SITTING.) HOUSE OF COMMONS—(THIS EVENINO.) The SPEAKER took the ohair at 4 o'clock. PRIVATE BUSINESS. The Liskearn Water Bill was read a third time and passed. The following bills were considered and read a third time :—Glasgow Corporation Water, Metropolitan Rail way,:Ness and Beauly Fisheries, and North London Rail way. MISREPRESENTATION OF MR. COBDEN'S POLITICAL SENTIMENTS. Mr. BRIGHT drew the attention of the house to a per sonal matter having reference to his hon. friend the mem ber for Rochdale. The hon. member for North War wickhire had made a statement in a speech on the budget, in which he attributed to Mr. Cobden, being influenced in regard to the commercial treaty by his leaning towards the policy of the Emperor of the French. That statement was made upon the authority of a Manchester paper notoriously hostile to Mr. Cobden. He (Mr. Bright) had received a letter from Mr. Cobden disavowing alto gether the sentiments attributed to him, and requesting him to ask Mr. Newdegate to retract his assertions. Mr. NEWDEGATE said that there were some inaccu racies in the report of his speech on the occasion alluded to. At the time he made the statement complained of, he had read a letter in the Manchester Guardian attributing to Mr. Cobden the political sentiments which he considered him to have entertained. However, he did not rest his opinions on that letter, for he considered that Mr. Cobden had for years advocated institutions which were not free institutions. The bon. member hereread the letter in ques tion, as well as extracts from various speeches delivered by Mr. Cobden during some years past. After a few remarks from Mr. BRIGHT, the subject dropped. CHURCH RATES. Lord J. RUSSELL presented a bulky petition from the Dissenting ministers of London against the continuance of church rates. THUNDERSTORM AT BELGIUM, &c. Mr. FREELAND asked the First Commissioner of Works whether his attention had been called to a despatch from our Minister at Brussels, dated the 24th February last, stating that on the preceding Sunday a violent thun derstorm, accompanied by an unprecedentedly he av y fall of snow, had overspread Belgium, that twelve churches had been simultaneously struck by lightning, and that three of them had been totally destroyed, and others much injured. Whether he had seen a paragraph in the Times of August, 1857, stating that the flag-tower of Windsor Castle had been struck by lightning, and that about four tons of the parapet had been displaced ; and whether any provision had been made, or is to be made, for securing the public buildtngs which are under the control of the Board of Public Works against such injuries or destruction by lightning, as have occurred at Windsor castle and in Belgium ? Mr. COWPER said that his attention had been drawn to the accident in Belgium, but he saw no reason to depart from the usual custom in respect to adopting additional means for securing public buildings from accidents by lightning, as such would be attended with ccnsiderable expense. With regard to Windsor Castle, the damage alluded to had been repaired at a cost of 308. (A laugh.) INDIAN MILITARY MEDICAL OFFICERS. Mr. BAZLEY asked the Secretary of State for India, whether the medical officers of her Majesty's Indian Army have had all the privileges conceded to them which the royal warrant of Ist day o Oct., 1858, entitled them to re ceive ? Sir C. WOOD was understood to answer in the affirma tive. TOLL GATES. Mr. T. DUNCOMBE asked the Secretary of State for the Home Department whether it was the intention of her Majesty's Government to introduce any measure, during the present session, on the subject of the toll gates in the neighbourhood of the metropolis, in consequence of the report of the Royal Commission thereon ? Mr. CLIVE said that inquiries on the subject were in progress, and that he could not at present supply the infor mation required. for m aikd er relative .ot i t. h Ge t to subject, 33 the so oyster b saidu tfishery. hthatohad OYSTER FISHERIES. Mr. CAVE asked the President of the Board of Trade a occa sion there were no papers of an question respecting certain papers which had been moved the part of that State on the y ,s there .uusstbeajtetecod h t b. a oe d nl aa b i e dv e ro n env n itoh o ues motion tab le With reference to France, there had been no remonstrance LFATEasSkHedOtRheELSor(dSCAOdTvoLcAatNe whether on trustees in the count made by the Crown y to the foreshores Mr. FIN of Argyll, certain proprietors and road the property of the solum or r ground ) ether he had received a memorial from high w -water h m at a r r e k s ; ul N: h ; eatnhde hado complaining the seashores a o s f h t o h r e e s claims up t to municated with the Commissioners of l of Scotland, and to to the property of the whole e i f s S b c yn o dt t h l Scotland Crownree° w sn it a s- made in accordance with the advice and opinion of the law officers of the Crown in Scotland ? whether foreshores t the conseque nce,ela.eoi. The LORD-ADVOCATE said he had received the memor ial in question, and explained th a t the Crown bad been advised by the law officers of Scotland in regard to the subject. PARLIAMENTARY REPRESENTATION (SCOT- In answer to Sir J. FERGUSSON, The LORD ADVOCATE considered that the hon. mom ber should have postponed his question till Monday, when the bill would be brought before the house. He would ob serve, however, that the details of the proposed reform could be understood from the bill. CHINA. Lord J. RUSSELL laid on the table of the house papers relating to China. THE ARMY ESTIMATES. In reply to an Hort. MEMBER, Mr. S. HERBERT said that the army estimates would be brought forwa rd same day before Easter. ADJORNMENT OF THE HOUSE. Mr. LAING moved that the house at its rising do ad • journ until Monday. THE DEAD BODY DISCOVERED IN KENT. Mr. T. DUNCOMBE asked the Home Secretary if his attention had been called to the fact that the body of a man, of the name of Thomas called. Ken, recently found dead in the woods near Seal, inKent, was interred without any inquest being held upon it ; and what steps had been taken in con sequence. The hon. member entered ative into to the a statement of the circumstances already published l deceased. Mr. MILDMAY drew attention to the differences that prevailed between magistrates and coroners in reference to the fees of tho latter, which he contended operated inj uri ously in respect to the holding of inquests as in the present T Mr. OLIVE explained tha t the Home-Offic.e fference had power aro.se between them and mag istrates, all that Government could do was to introduce a bill on the subject, which they h a d done, and that bill h ad been re ferred to a select committee. The coroner for the district where case. _ Ito compel coroners to hold inq uests. In any difference war the event in question took place had been written to, and replied that the man had wandered in the woods, having iweviously left his booti at a house where he was staying, (`- ."' w 0 4 41 mmol4 for believing that he had of a and theL,. fit. The last statement he believed to be a gratuitous assumption. The coroner also alluded to the uncertainty of coroners receiving thelr fees in the county of Kent. Mr. DEEDES defended the oonduet of the magistrates in Kent, and contended that no difficulties were thrown in the way of inquests in that county. INDIAN PRINCES AND INDIAN GOVERNORS. In answer to Mr. SmoLLETT, Sir C. WOOD said that he no objection to lay on the table all the papers on the subject, and vindicated the con duct of Lord Dalhousie. (LIFT SITTING.) LONDON GAZETTE--(THIS EVENIN6.) DOWNING-STREET, MARCH 13. The Queen has been Dleased to 'appoint James Walker, Esq., to be Lieutenant-governor of the Island of Trinidad and its Dependencies. Her Majesty has also been pleased to appoint John Creighton, Esq., to be s Member of the Legislative Council of the Province of Novi Scotia. FOREIGN-OFFICE, FEB. 21. The Queen has been graciously pleased to appoint Arun del Mackenzie, Esq., to be her Majesty's Consul at Geneva. FEB. 25. The Queen has been graciously pleased to appoint Sir Robert Fraser Turing, Bart., now British Vice-Consul at Rotterdam, to be her Majesty's Consul at Rotterdam. The Queen has been graciously pleased to appoint Charles John Calvert, Esq., now her Majesty's Consul at Salonica, to be her Majesty's Consul at Monastir: The Queen has also bee graciously pleased to appoint Richard Wilkinson, Esq., jun., now British Vice-Consul at Durazzo, to be her Majesty's Consul at Salonica. MARCH 3. _ _ _ . . The Queen has been graciously pleased to appoint James Grignon, Esq., now her Majesty's Consul at Portland, to be her Majesty's Consul in the Canary Islands. The Queen has also been graciously pleased to appoint Henry John Murray, Esq., now her Majesty's Consul in the Canary Islands, to be her Majesty's Consul at Port land. MARCH 15. The Queen has been pleased to approve of Don Eduardo San Just as Consul at Sydney for her Majesty the Queen of Spain. WAR- OFFICE, PALL-MALL, MARCH 16. 2d Regiment of Life Guards —Comet and Sub-Lieutenant Charles Bruce Knight Alleyne has been permitted to re tire from the Service by the sale of his Commission. 6th Dragoon Guards—William Edward Dakin, Gent., to be Cornet, by purchase, vice Gair, promoted ; Arthur Jones, Gent., to be Cornet, by purchase, vice Blackett, who has retired. Ist Dragoons—Charles Leveson Lane, Gent., to be Cornet, by pnrehase, vice Caldwelj, promoted. 6th Dragoons—Lieutenant Frederick Barclay Chapman to be Captain, by purchase, vice Edward Finch Dawson, who retires ; Cornet John Baskerville to be Lieutenant, by purchase, vice Chapman. 16th Light Dragoons—Charles Carrington Churckward, Gent., to be Cornet, by purchase, vice Winthrop, ap pointed to the 15th Light Dragoons. Coldstream Guards—Captain the Hon. George Herbert Windsor-Clive, from the 62d Foot, to be Lieutenant and Captain, vice Adair, who exchanges. sth Regiment of Foot—Assistant-Surgeon. Julius Wiles, from the Staff, to be Assistant-Surgeon, vice Cameron, deceased. 11th Foot—Arthur William Ball, Gent., to be Ensign, by purchase, vice Irwin, promoted. 13th Foot—Assistant-Surgeon Thomas Mitchell O'Brien, from the Staff, to be Assistant-Surgeon, vice kirwan; who exchanges. 16th Foot—George Ramsay Alured Denne, Gent., to be Ensign, by purchase, vice Taylor, promoted. 17th Foot—Captain John Bellamy, from the 2d West India Regiment, to be Captain, vice Davidson, who exchanges. 25th Foot—Ensign John Talbot Coke, fron the 21st Foot, to be Ensign ; William Lisle Blenkinsop Coulson, Gent., to be Ensign, by purchase. The appointment of Ensign Henry Wilkinson to be Quartermaster has been ante dated to 30th December, 1859. 34th Foot—John Olphert' Gage, Gent., to be Ensign, by purchase, vita Jordan, promoted. 37th Foot—Lieutenant Samuel Hawkes to be Adjutant, vice Bunn, who resigns the Adjutancy only. 46th Foot—Ensign Stewart James Carlow to be Lieute nant, without purchase, vice Hamond, promoted ; En sign Charles B. C. Speke to be Lieutenant, without pur chase, vice Coucher, deceased. 49th Foot—Edward Roberts, Gent., to be Ensign, by pur chase, vice Ald worth, promoted. 52d Foot—Lieutenant and Captain Alexander Wm. Adair, from the Coldstream Guards, to be Captain, vice the Hon. G. H. W. Windsor-Clive, who exchanges. 73d Foot—Anderson James Ashmore, Gent., to be Ensign, by purchase, vice Gaiwey, promoted. 75th Foot —John Ormsby Moore Vandeleur, Gent., to be Ensign, by purchase, vice Tarby, who retires. The re signation of Assistant-Surgeon Robert Woods, as stated in the Gazette of Feb. 21, 1860, has been cancelled. 79th Foot--Lieutenant-Colonel Robert Grove, from half pay Unattached, to be Lieutenant-Colonel, vice Brevet- Colonel Sir John Douglas, K.C.8., who e x changes; Brevet-Lieutenant-Colonel Thomas Bromhead Butt to he Lieutenant-Colonel, by purchase, vice Grove, who re tires ; Brevet-Major Keith Ramsay Maitland to be Ma jor, by purchase, vice Butt; Lieutenant John Edward . Allen to be Captain, by purchase, vice Maitland; Ensign William Henry McCausland to be Lieutenant, by pur chase, vice Allen. BTth Foot—Assistant-Surgeon William Armstrong, from the Staff, to be Assistant-Surgeon, vice Collins, who ex- changes. 100th Foot—Augustus Frederick Tanner, Gent., to be En sign, by purchase, vice Moorsom, promoted. 2d West India Regiment—Captain Frederick Augustus Davidson, from the 17th Foot, to be Captain, N ice Bel lamy, who exchanges. RECRUITING DlSTRlCT.—Lieutenant-Colonel and Brevet- Colonel Alfred H. Horsford, C. 8., from the Rifle Bri gade, to be Inspecting Field-officer, vice Brevet-Colon& David Russell, C. 8., placed on the Staff as a Brigadier• C encred. UNATTACIIED.—Lieutenant John Evans, from the 88th Foot, to be Captain, without purchase. HOSPITAL STAFF.—Assistant-Surgeon Charles John Kir wan, from the 13th Foot, to be Assistant •Surgeon to the Forces, vice O'Brien, who exchanges ; Assistant- Surgeon John Collins, M.D., from 87th Foot, to be Assistant-Surgeon to the Forces ; vice Armstrong, who exchanges. IMPERIAL PARLIAMENT. HOUSE OF LORDS—(YESTERDAY.) The LORD CHANCELLOR took his seat on the woolsack at the usual hour. THE BALLOT. Lord TEYNHAM presented petitions from Tavistock, Truro, Yorkshire, Bodmin : and other places, in favour of voto by ballot. CHURCH RATES. A number of petitions were presented against the aboli tion of church-rates. THIRD READING. On the motion of Lord REDESDALE, the Grand Sur rey Docks and Canal Bill was read a third time and passed. BENEFIT SOCIETIES RULES AMENDMENT BILL. This bill passed through committee, and was reported without amendments. THE NEW FRENCH TREATY. Lord HARDWICKE presented a petition from the Shipowners' Association of Liverpool, complaining of the omission in the treaty of any provisions for the satisfactory regulation of the navigation laws of France. Lord TAUNTON rose for the purpose of moving that their lordships agree with the Commons in the address to her Majesty on the subject of the treaty of commerce with France, and that the blank in that address be filled. up with the words "lords spiritualand temporal and." The noble lord said he could have desired that the task he had undertaken would have been taken by some other parson of greater weight in that house than himself, but lm must eayhe Wryer had a duty to perform more agreeable to his own feelings. (Hear, hear.) The treaty came before them under the most favourable circumstances, it hav ing received nearly the unanimous sanction of the Howse of Commons, which; he thought, on that occa sion, merely reflected the opinions of the constituents of the kingdom on the subject. In Lancashire and the Pot teries it had been received with the greatest satisfaction, and that feeling would be increased on its ratification. One of the great objects sought by the treaty was drawing still closer the bonds of amity between the two nations. (Hear.) He would not weary the house with any statistics, but he might state that England exported less to France than it did to Holland. Mr. Pitt had devoted the powers of his great mind to enlarge the intercourse, but war and the event of the French Revolution had prevented his success. He thought that one of the greatest preventatives against war was commerce, and the treaty would increase our commercial intercourse with France, and therefore act as an additional security for the maintenance 'of peace. A short Lillie 98, the ralat ens heseeeen this country and the United States were in such a conditionethat at, one time war seemed inevitable, but that calamity was averted by the intimacy of our commercial intercourse with that great country. This fact alone would show the impor tance of promoting an increase of trade with France. There had been a strong feeling against the con clusion of any commercial treaty, from the fear that when concessions were once made we should no longer have them to offer other nations. He fully recognised the fact that the days for equivalents were gone, but this treaty was not one that could be objected to on that ground. (Hear.) The prin cipal concessions we had made by the new treaty were necessary for our own sakes. The noble lord here pro ceeded to detail the principal points in the treaty, and proceeded to remark that in the importance of the changes proposed it was necessary to remember the present state of the French tariff, by which almost all our manufactures were heavily taxed with protective duties—a large number of our staples prohibited altogether. (Hear, hear.) It had been said that the duty on French wines and spirits ought not to have been reduced, but he thought gest the admission of French wines for consump tion in this country would be attended with most beneficial results, by bringing within our reach a substitute for ' the strong adulterated alcoholic drinks that had for years been largely consumed in this country. (Hear, hear.) Without entering at length into the financial results that would follow the completion of the treaty, he considered that our finances were in such a state as fully justified the Chancellor of the Exchequer in sacrificing the revenue derived from the wine duties forth° sake of the bene fits their abolition would confer upon England. Reconsi dered he ought to touch upon the clause allowing the ex portation of coal about which much had bee n said. The stipulation in question is not to put an export duty on coal for the next ten years. He must confess ho did not view such a provision with the alarm that others had done, as he thought that circumstance ought to be looked upon simply as an item in a commercial treaty. It had at one time been asserted that the exportation of coal would hasten the exhaustion of that mineral in our own country, but that notion, he thought, had been entirely abandoned. Then with respect to shipping, he thought the stipulations of the treaty were decidedly advantageous to British shipping, as it placed both British and French ships upon the same footing. He had no fear that the ship ping of this country would suffer in the slightest degree by the making of this treaty. The noble lord concluded by moving and reading the address, which was in substance the same as that agreed to by the other house. The Earl of CORK seconded the adoption of the address. Earl GREY said he regretted ho could not agree in the conclusions to which the noble lord whet had preceded him had come. He begged, however, in the first place, to state to their lordships that it was far from his intention to offer any opposition to the tresty being brought into operation. Much as he disapproved of it, it seemed to him to be too late at this period of time to attempt to prevent its taking effect. But the present address was not a stop that was necessary in order to carry the treaty into operation. The consent of Parliament was undoubtedly necessary to some of its provisions, but that assent could oily be given by acts of Parliament sanctioning the reductions of duty which were contemplated on the part of this country. Those bills would no doubt be placed before their lordships, and he entertained not the slightest question. that their lordships, acting wisely in accordance with their established rule, would not appear to meddle with bills involving money matters sent up to them from the Commons, but would willingly give them their assent. If that wore done, all would be accomplished that would be necessary in order to effectuate the treaty, and he ventured to appeal to the noble and learned lord upon the woolsack to confirm the truth of this opinion. But although this address was not required, in order to give effect to the treaty, its effect would be to cause their lordships, in the most solemn and formal man ner, to express their unqualified approval of this treaty, net only in its general principles, but in its details, and the question for their lordships was, whether that House of Parliament was merely to abstain from any opposition to the treaty, or whether it was to come forward and delibe rately express its approval. (Hear, hear, from the Oppo sition benches.) Ile would venture to express to their lord ships his reasons for objecting to the latter course; and in so doing, let him state that he thought this treaty could not be considered by itself alone. (Hear, hear.) It must be con sidered as a most extensive part of the general financial arrangements of the year. Ile thought he was justified in saying so, for let him remind their lordships that her Ma jesty's Government had taken the somewhat unusual course of delaying for some days to lay the treaty before Parlia ment, although there existed the greatest curiosity as to its contents. Her Majesty's Government, however, thought it right to keep it back for a day or two until it could be ex plained as forming part of the general financial scheme of the year. He did not by any means complain of this course, but he thought it perfectly clear that the treaty was con nected with the budget. (Hear, hear.) Now, the budget imposed upon the country the sacrifice of a very large amount of revenue ; and before they were prepared to sanc tion that they must know how that deficiency was to be supplied. He therefore made no apology to their lordships for venturing to trouble them with some remarks upon this general financial statement which had been adopted by her Majesty's Government. He begged, however, to reassure their lordships that, though he was compelled to make some remarks upon the budget, he should not trouble them with a long array of figures. Ho should confine himself to the leading features of the measure, because he could not but feel that the subject had been treated with a skill and earnestness that was most conspicuous, in a speech of the greatest depth and variety, which rendered it clear and in teresting to all who had the good fortune to listen to it. (Hear.) As he could make no pretension to such skill and eloquence he thought it due to their lordships to omit the details, and to take only a general view of the financial ar rangements of the year. The first remark he would venture to make was, that the scheme appeared to be an ambitious one. (Hear.) It beg an by deliberately incurring thislarge deficit. Her Majesty's Government proposed that indirect taxation to the amount of rather more than £3,900,000 should be reduced or entirely abolished. This reduction was calculated to be met by the increased consumption of some articles on which the duties are only reduced, and by the imposition of certain now taxes to the extent of some £1,800,000, thereby creating a dead loss to revenue of £2,100,000. This loss arose mainly from the alteration of the duties upon wines, brandies, and silk. The rest were comparatively unimportant. And here let him observe that they were in a position in which theyhad no surplus to dis pose of. Therefore, this sum of more than £2,000,000 must be provided for by ono of two ways—either by anticipating our resources, directly, or indirectly, in the nature of a loan, or by new taxation. Now, with regard to changes in taxa tion, he (Earl Grey) had been much struck by the forcible remarks that had been made by a noble lord behind him, whose experience in these matters were equalled by that of no member of their lordships' house. He said that changes in taxation were always attended with inconvenience, in consequence of the variety of interests involved and the no cessity of entering into new arrangements ; and considering the general hardship which ensued from the mere incon venience and difficulty of change, he (Eatl Grey) confessed he thought that a change of taxation ought not to be lightly and unadvisedly made. No doubt there were occasions when the form of taxation might be changed with great adean • tage ; and thoso who recommended the present scheme were fond of referring to the precedent of 1842. No ono was snore sensible than he (the noble lord) of the benefits that had been derived from the commercial policy of that year ; but. there was not the smallest resemblance between the cir cumstances of 1812 and of the present time. (Hear, hear.) In 1842 there was a considerable deficiency in the exchequer, and it had not only been proved by experience that the amount that could be raised by indirect taxation had reached its maximum, but there were unmistakeable signs that.the industry and trade ot the country were suffering greatly from the pressure of the existing restrictions. Accordingly the policy was commenced—most wisely and yet most cau tiously commenced—of remitting indirect taxes by means of the imposition of an income tax. Ile need net tell their lordships how successful that 'experiment had turned out ; but its very success was an argument against the existence of any necessity for its repetition at the pre. sent time. (Hear, hear.) For, he would ask, was indirect taxation any longer burdensome to trade or manufacture, or had it reached the limits of productiveness ? Far from it. Every successive year the Chancellor of the Exchequer — whoever he might happen to be—was enabled to say that the productiveness of the revenue had exceeded Isis most sanguine expectations, and so far from the present fiscal system oppressing the trade of the country, they were con gratulated on all sides—and by none more than by her Ma jesty's ministers—upon the extraordinary prosperity of our industry. (Hear, hear.) Now-a-days trade and manufac ture appeared to be limited, not by any want of demand, or by say difficulty in finding a profitable outlet for our pro ductions, but by the difficulty of obtaining hands to direct our machines and raw material for those machines to work up. (Hear, hear.) Was that a state of things in which it was necessary to enter upon a hazardous and perilous ex periment ? (Cheers.) But they were told there was a rea son for the scheme that was now proposed, He must say, however, that in the whole course of his now pretty long experience he had never known a reason advanced that was so purely fanciful. For what was this reason? They were told that Parliament was bound to repeal a certain amonnt of indirect taxation because £2,000,000 ©f -Long Annuities had fallen in. Why they shonld repeal indirect rather than direct taxation under such circumstances lie confessed ho BREVET. Captain and Brevet-Major Alfred Bassano, 32d Foot, to be Lieutenant-Colonel in the Army. Captain Thomas Rochfort Snow, 4th Bengal European Light Cavalry, to be Major in the Army. Captain and Brevet-Major Joseph Maycock, of the 53d Foot, to be Lieutenant-Colonel in the Army. BANKRUPTS. Edward Bland, linen draper, Great Chapel-street, Wes, rainster, to surrender, March 29, at half-past eleven, and April 26, at one, at the Court *Bankruptcy. Daniel Fishier, clothier, Al7fermanbury, March 28, at half-past one, and April 28, at twelve, at the Court of Bankruptcy. James Evans, cattle dealer, Bristol, March 27 and April 24, at eleven, at the Bristol Distriot Court. Levi Lowndes, draper, Abergavenny, March 27 and April 24, at eleven, at the Bristol District Court. Mark Bowden, flint glass manufacturer, Bristol, March 27 and April 24, at eleven, at the Bristol District Court. William Sandon Spicer, tobacconist, Kingston-upon- Hull, April 4 and May 2, at twelve, in the Town-hall, Kingston-upon-Hull. James Merriman, lace manufacturer, Hyson Green, Not tinghamshire, March 29 and April 19, at half-past eleven, at the Shire-hall, Nottingham. John Harris, innkeeper, Littledeans-hill, Gloucestershit:s, March 27 and April 24, at eleven, at the Bristol District Court. William Burgess, candle dealer, Cambridge-street, Pim lico, March 29 at half-past one, and April 26 at two, at the Court of Bankruptcy. John Mountford, parian manufacturer, Stoke-upon- Trent, March 26 and April 16, at eleven, at the Birming ham District Court. Thomas Lilley, tailor, North Shields, March 23 and April 24, at twelve, at the Newcastle-upon-Tyne District Court. Richard Millar, the younger, and Edward Lamborn Munns, wholesale and export oilmen, Bishopsgate, city, March 27, at two, and April 24, at one, at the Court of Bankruptcy. SCOTCH BANKRUPTS. William Holdsworth, joiner, Glasgow,. late of Bradford, England. James Arrol, jun., ironmonger, Johnstone, Renfrew. shire. John Archibald Campbell, saddler, Edinburgh. Alexander Dickie and Co., boot and shoe makers Glasgow. BANE OF ENGLAND. An Account, pursuant to the Act 7th and Sth Victoria, cap. 32, for the week ending on Wednesday, the 14th day of March, 1860 : ISSUE DEPAMTMENT. Notes issued £29,949,615 Government Debt £11,015,100 Other Securities... 3,459,903 Gold Coin & Bullion 14,574,615 'Silver Bullion .• • • £29,019,615 £29,049,615 BANKING DEPARTMENT. Proprietors' Capi- Government Secu tal £14.5 53 . 000 rities (including Rest .............. 3,782,233 Dead WeightAn- P u blic Deposits:(in- nuity) X10,221 ,190 c l u ding Exche- Other Securities 21.816,3 51 quer, Savings' Notes Banks, Commis- Gold and Silver missioners of Na- Coin tional Debt, and Dividend Ac counts) 9,271,338 Other Deposits 13,030,8 10 Seven Day and other Bills 719,005 725,265 £41,306,4 16 AL 141,308, 41 G .RSIIALL, Chief Cashier. Dated March 15, 1860. AVERAGE PRICE OF SUGAR. The Average Price of Brown or Muscovado Sugar, com puted from Returns made in the week ending the 13th day of March, 1860 , exclusive o f -the d uties of Customs paid or payable thereon, on the importation thereof into Great Britain • Per cwt. From the British possessions in America 27s 4d Muscovado, the produce of the Mauritius 28s I.old A ve rage price of the foregoing 2 Bs 54 COURSE OF E XCHANGE.—T xis DAY. Amsterdam 1 131 Ditt o Rotterdam — 11 15i 11 16 Antwerp BrusgeLs — 25 171 25 25 Hamburgh Paris 25 35, Ditto Nlarseilles — 25 321 25 3 . 73 / 4 Frankfort on Maine — 1171 117 1 Vienna 'Trieste Petersburg - h — 341 34/ Madrid - 491 491 Cadiz — - 491 49/ Leghorn — 30 321 30 27] Milan — 25 371 25 42 Genoa — 25 35 25 40 Naples Palermo — 1211 1221 M esa i na — 1211 1221 Lisbon Oporto 53 Rio J aneiro • • .. NeWYOrk•••l,6••• • • • • Gould not see ; but he passed that by. It was said that the country had long been looking forward to this year for a re lief from their taxation, and that Parliament was therefore bound not to disappoint them. Well, he quite concurred in the reasonableness of such an expectation on the part of the public, and it was much to be regretted that it should not be fulfilled. But how under present circumstances could it be realised ? If upwards of £2,000,000 was struck off the annual charge for the public debt, it must be re membered that two thirds of the gain had been an ticipated by the interest on the loan contracted during the Russian war. Out or the £2,100,000 that would be saved we had to pay £1,400,000 by way of interest on the new loans; and the remaining £700,000 would go but a little way towards the increased expenditure that had come upon the country within the last few years. Under such circumstances, to say that the expected relief from taxation must still be given was, as he had already said, not an argument but a mere fancy. Let them suppose the case of a gentleman who had a good estate burdened with a heavy life annuity, who had long groaned under the weight of the charge, and who had promised himself that when it expired he wouldmake some addition to his estab lishment that would contribute to his comfort. No doubt it would be a great disappointment if he found, when the annuity at last fell in, that new charges to a still greater amount had come upon him. But would any man with the slightest claim to good sense, who happened to be placed in such a position, think of saying, " I have always promised myself that when I got rid of that detested annuity I would indulge my fancy in such and such a way; and though it is true that my means are not after all increased, but are actu ally diminished—though I can afford the expense less than ever—still, I will not refuse myself the gratification to which I have looked forward ; and I will provide for it by some arrangement with regard to my property, which I have hitherto considered too improvident and too danger ous to be entertained ?" Yet that was precisely the way in which the Government proposed to act. (Cheers.) Succes sive Chancellors of the Exchequer (and amongst them the distinguished gentleman who filled the office at the present moment) had declared that the duties now proposed to be taken off ought not to be given up—not because they were not objectionable, for, indeed, he (Lord Grey) had never yet known a tax that was unobjectionable—but because they maid not be spared. Nevertheless the right hon. gen tleman now said that these very taxes must be repealed, because the people had been led to expect a diminution of the indirect taxation when the Long Annuities fell in. (Hear, hear.) It seemed to him (the noble earl) that to argue in that manner was to treat the people like children, and not like sensible men who could take a sound view of their position. (Cheers.) In considering the effect of the Government's scheme, the house must forgive him if he did not confine his view to the financial year which was about to open. (Hear, hear.) It was quite true that the Chancellor of the Exchequer showed a small balance of ways and means over the estimated expenditure ; but if they looked in the most cursory manner at the way in which the expenditure had bt.n computed, their lordships would see that it had been calculated in a very sanguine temper, to say the least of it. For instance, the expense of the Chinese expedition was set down at the small sum of £500,000, in addition to a trifling increase in the army and navy esti mates. He was told that alreadythe vote of credit had proved insufficient, and that the £500,000 had grown to £850,000. Bat did anybody believe that its growth would stop there ? When he locked at the expenditure that was going on, when he saw that in the North of England ships were taken up to carry coals to China at freights varying from 4 guineas to 90s. per ton, so that the cost of the coal by the time it reached China could not be less, reckoning the waste, than £5 per ton; when he remembered that we had no fewer than 90 pennons in the China seas, and reflected how vastly the expense of considerable hostile operations at a distance al ways exceeded the estimate—he thought they would be for tunate if the £500,000 proved to be more than a tithe of the actual outlay. For his own part he should say that if the cost of the war stopped at £5,000,000, the house would have much reason to be congratulated on the result. (Hear.) Then, again, he observed that but a small sum was charged for fortifieations, whereas it was reported that the commis sioners who had been appointed to considerthis subject had not only recommended a very large outlay, but had recom mended that it should be incurred at once. Was it possible that there could be truth in another report which had gained ground, namely, that the expense was to be provided by a loan ? Was it possible that this improvident mode of providing in time of peace for such an expenditure was to be recommended by the same Chancellor of the Ex • chequer as had pressed upon Parliament with so much earnestness and eloquence the duty of providing by the taxation of each year the greater part of the sum required even for the purposes of a European war? (Hear, hear.) But, laying aside all such questions, and assuming that there would really be a surplus, how was that surplus arrived at ? It was arrived at, in the first place, by re-im posing the income-tax at a high rate of 10d. in the pound ; in the next place, by re •imposing what were called the war duties on tea and sugar, and lastly, by calling in credits on malt and hop duties to the extent of £1,400,000. (Hear, hear.) He (the noble lord) contended that this last would be as much an absorption of capital for the purpose of in come as if they were to contract a loan to the same amount. (Cheers.) The income tax and the tea and sugar duties were only to be re-imposed for a year, and therefore the Chan cellor of the Exchequer would have to meet the House of Commons in 1861 with a deficit of no less than £10,000,000 or £11,000,000. A NOBLE Lonn—£ll,ooo,ooo. Earl GREY had no doubt that that would be the real sum ; and he submitted that the prospect was a very serious one. They were deliberately preparing to start the year after next with a deficiency of X 12,000,000 ; and in providing that ' sum they would have to put indirect taxation pretty nearly out of the question. The bargain they had entered into with France embraced so many things that it would prevent the re-imposition of the duties they were about to repeal (cheers), and the staple articles of the customs revenue were already as highly taxed as would be convenient. With re gard to excise, they were to abolish that duty which of all others interfered least with manufacturing industry, a duty which yielded a growing revenue, and the objections to which might have been easily removed. They would have no alternative but to re-impose the income-tax at the rate of a shilling in the pound. (Hear, hear.) Was it desirable that an income tax of such an amount should be perpetuated ? For his awn part, he looked for ward to the prospect before thew with great alarm, for they had been deliberately informed that the question of fit*, taxation should be left to the new House of Commons, which would in all probability be elected by a larger pro portion of those who did not pay the income tax, or, indeed, direct taxes at all. Cheers)( But was it for the peace of the country, or for the continuance of a good feeling be tween the different classes of society—was it wise or pru dent to allow a question of this description to arise at the very first moment after the assembling of the new Parlia ment (Hear, hear.) The budget was defended by a reference to the policy of 1842. Was it part of that polioy to create an enormous deficiency without showing how that deficiency was to be provided for ? On the contrary, before one stop was taken towards reducing the most objectionable of the then existing taxes, the income tax was imposed for three years, the period during which it was calculated (and experience had shown that it was truly calculated) the stimulus given to production and consumption would re pair the loss to the revenue. (Hear, hear.) Invariably the repeal of indirect taxes was preceded by the imposi tion of direct taxes which were calculated to fill the void that would otherwise exist. The plan pursued in this in stance was exactly the reverse. No man believed that the void now created would be filled up in time. In the first place, tho paper duty would be taken off altogether. And then with regard to the wine duty, the Chancellor of the Exchequer, in his more prudent days, in 1853, when it was said that the duty was a bad one, told the House of Commons fairly that the reduction of it would be an un wise measure, because it would be some years before the loss caused by the reduction would be made up. He had now stated the objections that he felt to this treaty, or rather he had stated a part of them. He might go much further, for he felt that if he were to go into details, he , could make the case a great deal stronger, but he would not do so. He had promised to avoid details, and he was con fident there were those who were able to supply the void. But he asked their lordships if he had not said sufficient be show that this budget was a dangerous measure, and that the treaty which rendered it dangerous was not entitled on financial grounds to their approval. He would now pro ceed to consider certain other objections to the treaty, and here he was inclined to say that there was a great deal in the able speech of the noble lord who moved the address in which he entirely concurred. When he described so forcibly the great advantages that would arise from increased inter. course between this country and France, and the good feel ing that would be created, and the interests that would spring up—in all that he said on these topics he entirely concurred. No man was more anxious than himself to ex tend and improve that intercourse. But the fallacy was this, that the noble lord confounded the advantages of an in creased intercourse between the two nations with the ad vantages of the treaty. (Hear.) His noble friend omitted. altogether that part of the argument which showed that this treaty was the beet mode of promoting that increased intercourse. He (Lord Grey) would not abuse the groat in dulgence which their lordships had shown to him by going over again the same ground, but he might be permitted to s ay that his noble friend had said nothing to prove that this treaty was the best means of promoting the intercourse of the two countries. Let hini remind them that the obstacles to increased intercourse were almost entirely on the side of France, and that what really protective duties we had might have been removed without incurring the financial difficulties involved in this scheme, and without any treaty at all. If we had opened the doors as widely as possible to French produce without any treaty at all, without creating any difficulty in a financial point of view, no ono would have approved more heartily of such a policy than himself. But he said that this treaty was calculated to increase the apprehensions of the French people that a change was to be made in the system of protection, which it was their object to maintain. Because, he must remind them, France had made a very small advancei towards a more liberal system ; she had only advanced as far as Mr. Him kisson' is first propositions, which were to remove prohibi tion and substitute a duty of 30 per cent. ; because, he said, when they went beyond that amount the smuggler stepped in and took the benefit. He believed that this treaty was calculated to increase the apprehensions of the French pro ducers ; and he was much struck with an observation of the noble lord who seconded the address, who pointed how sin cere and how strong was the apprehension entertained by a numerous portion of our own countrymen at the abolition of protection in this country, and how firmly they believed that ruin would come upon them. No doubt they did, but he asked whether they thought the intensity of the opposition made to those changes would not have been greatly increased if it had been represented in this country at the time that the changes wore to be made not for our oavnbenefit but for the benefit of some foreign nation and to serve a political ob ject P If Mr. Chowler could have been able to state that the corn laws were to be repealed in order to promote cer tain political objects with America and France, he wished to speeches at market dinners would not know whether hie have had a much more powerful effect ? He believed that the apprehension that French industry was to be sacrificed to British objects would increase the opposition to any re form in the French tariff, and that this treaty, instead of being wasp to the unreserved intercourse which his noble friend anxious to establish, would on the contrary be a difficulty in the way of establishing it. But a.s theraw ,avneore ther subject that must not be lost sight of. Suppose He right to have a treaty at all, was this treaty a propero r bargains,ch n had a strong qpirdon that there should be cr no t but if they were to have a. treaty therea a u i _a w h preach to reciprocity, and he asked if h regard to this treaty ? Let him point out t wh a n s t st tuol the ee t r es e no a sm t e y ew d l i tP i. In England no ditty whatever e w o large, and fte_ a ak st e o a be v i e m ry posed on French manufactures. We agreed . t the present momenta veryinacnodnvberanniednyt: and sacrifice rtfi r c e e r r s e cg . nue upon the articles of wino possibly d same f p o o o w ti er nr otp a as our own ping was to be admitted on the om W th e s coul , l not a g ain r y a ' : s-o -both in home and foreurigsnelpvcierstfrs. more. We debarred o incs the duty on wine or brandy._ P e as . t. no one Stiiicle of Eng ree into prance. The most HI produce was to be admitted sr important articles were to to be subj ec t to so high a duty a s to offer tempgofer. O ur s hi pp i ng was tations the sun t o r emain subject to existing restrictions; and the only arti considerable concession was made were which France had. occasion for for her own manufac clos in which any those tuna. A 1 1.4 cliging the neiotiatiMme ngyer appear tO)+4l'o oven asked for a reaaoval of the prohibition to export raw material from France. The exportation of raw silk and rags was still to be prohibited. A fow days ago we were told that the prohibition to export rags was removed, but it now ap peared that a duty was to be imposed which would practi cally operate as a prohibition. Was it just to our paper ma nufacturers that they should not have the same facility as the French manufacturers of obtaining the raw material, and at the same time be compelled to enter into unrestricted competition with them? But thenwe were told that the ex portation of rage and raw silk was a matter we could not deal with in a treaty, and the negotiations for an equivalent would have led to no result, and her Majesty's Government were fully aware that to enter into negotiations of this kind, on the principle of bargaining, was to throw the greatest obstacle that could be thrown in the way of the treaty. These were arguments that he himself had used in order to show that it was inexpedient to make the admission of pro• duce a matter of bargain. It was better for each country to settle for itself what it would do. But if this were the opi nion of her Majesty's Government, why had they a treaty at all? Really her Majesty's Government ought to take their choice between one or other of two opposing doctrines. A bargain was either a good thing or a bad thing; it might be either politic or impolitic. lie thought it was impolitic. He was not for negotiating at all, but was for each country acing according to what it conceived to be for its own interest. If Government said it was a good thing, and that they ought to make a bar gain, then they were bound to see that the bargain was a fair one, and when they were told it was a bad bargain they were not to turn round and say that was not the way in which to look at it. But if that were so, let us not fetter ourselves by suck a treaty, let us keep the power, if we wanted to replenish our e xchequer, to re-establish the wine duty. Let us not have the disadvantage of being bound and the disadvantage of being free at the same time. Before he concluded there was one other point to *hich he would allude. It was one to which he alluded with great pain and with great regret, as it was a matter of great delicacy. He meant the question of Savoy. If he thought this treaty less objectionable in other respects he should think that her Majesty's Government were greatly to blame for hav ing signed that treaty without having obtained from the Government of France some formal disavowal of the inten • tion to add Savoy and Nice to the French empire. They now knew, what was not admitted at first, that before this treaty was signed her Majesty's Government were well aware that this scheme was in agitation. (Hear, hear.) They bad distinct warning that in the event of certain ar rangements taking place in Italy, which were certain to take place, France would think herself entitled to take pos session of Savoy. Knowing this important fact, her Majesty's Government incurred a perilous responsibility in consenting to sign this treaty without obtaining from France a disavowal of her intention to annex Savoy and Nice. He believed, with every one of their lordships, that the annexation of Savoy and Nice to France was a misfor tune not only to England but to the whole of Europe. (Hear.) He believed that it was pregnant with mischief, and while that design wee on foot we ought not to have given to .r ranee so signal a proof of our confidence and sup port as was conveyed by our agreeing to this treaty. But further than that, it was impossible under these circunn ' stances, and with the knowledge of what was intended, to sign this treaty without inflietinga stain upon the honour of England. For how was thisraatter regarded by foreign nations and by France P He was informed yesterday by a gentle man on whose judgment he placed the most implicit reli ance, and who had just returned from France, that the manner in which this subject was viewed there was this— they believed, as foreign nations had long believed, that our whole policy was directed to the one object of selling our produce ; that political considerations were as nothing in comparison, and they believed that this commercial treaty had been conceded as a sop—(hear)--to induce us to sub mit with patience to the annexation of Savoy. They believed that our resistance to it was a sham. He knew that they were wrong. He did not do her Majesty's Government the injustice to believe that they were capable of such baseness as that of writing high-sounding despatches merely for the purpose of laying them before Parliament, while they really did not wish to oppose the arrangement which had been carried into effect. lie did not impute such baseness to them, but this was the feeling which gained ground in the minds of the people of France, and ho feared not only in France but in Europe. Such a feeling was calculated to lower the position of England, and to degrade us in the eyes of Europe. lie was fortified in this conviction, because in the elaborate report of the treaty by the French Minister by whom it was negotiated, which was published not many I days ago, there was a statement that it was entered into with a view to encourage industry and commerce. There was an old proverb, " qui s'excuse s'accuse," and he be lieved that this statement of the motives cf the treaty by the French Minister was an illustration of that proverb. They well know that the whole previous course of Front had been one of aggrandisement, which made her such curse to Europe and herself. That old spirit of the first Empire was not yet extinct. While that state of things continued it was impossible for this country, with a due regard to its ewn safety, to diminish its army or navy— (hear, hear)—and, consequently, this projected annexation of Savoy imposed upon us enormous burdens. And when they were threatened with a change of that kind they had a right to say to the French Government, "we hesitate to throw away more than £1,000,000, while you impose upon us these increased burdens." He had now only to thank their lordships for their great indulgence in listening to him—(hear)—and he would only ask whether he had not shown good reasons why that house, without attempting to interfere with the treaty, would yet decline to share with her Majesty's Government the responsibility of such an objec tionable measure. (gear.) Lord WODEHOUSE said his noble friend commenced by saying that this treaty was a part of the budget and the general financial measures of the Government, but he should recollect that he himself had been most forward in calling upon the Government to afford that house an opportunity to discuss this treaty. He quite agreed with his noble friend that it was necessary to show that the measures adopted by Government wore good in themselves inde, eadently of the treaty. His noble friend said the budget of the Chancellor of the Exchequer was a dangerous and ambitious one. He thought his noble friend somewhat overlooked the fact that the policy of 1812, which he so mach cerunonded, was upon many points open to the same objections. In 1842 Sir R. Peel, finding there was a deficit of over £2,500,000, proposed a large remission of duties, the result of which was that he changed the deficit into a surplus ; and the Chancellor of the Exchequer in 1853 took porecisely the same course as the noble earl now blamed. Whatever might be the opinion of political parties in this country—whatever might be the opinion of the country with regard to Savoy—no perscn wha read the despatches in the blue-book would believe that this treaty was not made on commercial grounds alone, and for the commercial advantages which it conferred. The noble earl said they ought not to conclude the treaty at such a period. They did not in the present time speak as they did in 1787 of the " natural hostility" between this country anel France, but some of the acrimony and jealousy of that period seemed to be imported into their discussions. Mr s Pitt was not deterred by the language of his opponents from entering into a treaty of commerce in 1787, only four years after the peace of 1783, which was considered one of the most disastrous that this country had ever made, and to which France very much contributed. The edifice which was begun by Mr. Pitt was left for 40 years in ruins. The time had now come when they should endeavour to re-con struct it, and if moderate, reasonable, and patriotic men on both sides of the Channel would afford time for the com pletion and consolidation of the work, he believed that not only would the friendship of the two countries be connected, but that the peace of Europe and of the world would rest on a surer basis than it had ever been the case before. The Earl of MALMESBURY said he was anxious in as few words as possible to state why he supported the views of the noble earl (Grey), and could not concur in this ad dress to tho Crown. The noble baron who had just spoken was not happy in his allusion to the two great men whom he quoted. He said that the conduct of Sir R. Peel in 1842 was precisely the same as that of the present Chancellor of the Exchequer, because he created a deficit. But there was this great difference between the two cases, that . Sir R. Peel created a deficit from a surplus, whereas the present Chancellor of the Exchequer added a considerable deficit to one already existing. The noble baron also said that Mr. Pitt made his treaty of commerce with a view of insuring peace and amity with France. If such was Mr. Pitt's view in making that treaty he must have been grievously disap pointed, for before three years elapsed war broke out be tween this country and France. Nay mare, the Govern ment of which he had the honour to be a member seven years ago, did enter into negotiations with France, with a view to conclude, if possible, a treaty with that country. But not being pedantic to those particular principles of free trade which were advocated there and elsewhere—that no bargain should be made—ho was sorry to confess that they did not think the terms proposed by the French Govern ment sufficiently satisfactory to induce them to proceed further in the matter. Their wish was to come to some arrangement by which the commerce of the two countries could be extended. was idle to say that this treaty was not a bargain. (He l a t r, hear.) It was an agreement, convention, or covenant between two parties, one of whom said, "I will do this if you will do that." This treaty was not only a bargain, but it was a bad bargain ; and it was because it was a bad bargain that he oould not go through the farce of complimenting her Ma jesty on such an arrangement. The Chamber of Commerce of Leeds and the French papers admitted that the duty levied on English goods under this treaty would amount to a prohibition, or at all events be a great protection to French manufactures. He should like to know why e G overn ment were in such an extreme hurry in making t r eaty in the present year. Why did they not wait till next this th year, when the hands of the Emperor of the French would be free, and when he could proceed pan passu with them in removing duties. The French newspapers said that t h o boon was given not to England, but to the Government o f a f Lord Palmerston, which stood in need of the supi t r erefore certain body in the House of Commons• t le ries lo ' rd bu a l t beverages. not a treaty between the people of th Ld es i v t t b o e w co n as un eb between the Emperor of the the head of the Government herres.aocPtibtihs of France were to be admitted inest ending advantages from not Government insist on the c a o e c n o a u t n u rry l , incwubent on them to press and to try ? It was the more u s the malt from which these beve rages France with regard to then trurralPbeverages of this coun try insist upon this, made 11°71d:111y taxed. The Chancellor of the E that the loss to the revenue would be might or might not be the case, but he prophecies, especially as the right T w o 0 n fi l l d l u p pr produce, v , a theyu nne in w the hon. gentleman in _ 853. had not been very successful in the pro phecies he male 1 ' preferredoe7oloeur were arguments r cT g m ca ut e lw n a t ta s e t o revenue drink twice as much wine in this country have to w hi c hthis treaty as they did now, and half as much beer. (Laughter.) On the commercial part of the treaty he would say 11G m ore. But the noble baron astonished him when he said t h a t this was no political treaty, and thli it w a s entered into on commercial grounds only. se January, the noble lord the See7. etary , or the 17th of wrote of this treaty, that " was significant at the present feT.' Foreign Affairs moment, when the cond“:,on o f was so critical, to re- of Europe.'' sern . t ral pay c t an s of the . 00ntinent _assure tbn public mind in various parts (11pr near. ) he did not _ that was not a political view of the treaty know the meaning of the English language. Was it Italy about which it was to be sig ',cant, or was it Savoy ? (Hear, hear.) What did the Journal des Debats of the 10th of that month say ? That journal was once remarkable for the harmony of its princi ples and its periods, but it appeared that the mighty were fallen, and that a once important and influential organyaas now playing second fiddle in the French preesfs.molrfe t was so, the extract he was about to read ce France was iisr of which was that by the treaty of comras3 pertance. [The noble earl here read the e w x a t s ract, the point Th r e noble lord the sustaining the English Government.] who made those re commendationswas to be annexed, and yet he it was of Sardinia, h which Foreign Secretary must have known long ago that Savoy in favour of the extension noble lord did not peak out for so was no wonder that th e no he must be well aware would lead t.a hat ann a exatior. It • I - k L-