The Sun. — London, England, 1858-01-23 00:00:00

ITER MAJESTY'S THEATRE. —EXTRA PERFORMANCES, TUESDAY, 16th ; THURSDAY, 28th ; and SATURDAY, 30th January, 1868. On TUESDAY EVENING (Jan. 26), LA SONNAMBULA. Amina, Picaolomini ; Lisa, Saunier ; Il Conte Rodolfo, Belletti ; and Elvino, Ginglim. Conductor, Signor Arditi. The State Festival Decorations will be retained. Prices*:—Pit Stalls, 12s 6d; boxes (to hold four persons), pit and onapair, 21. 2s; grand tier, 3/. 35; two pair, 1/. 55.; three pair, _lss ; gallery boxes, 103; gallery stalls, 3s 6d ; pit, 3s 6d; - gallery, 2s. Applications to be made at the Box-office of the Theatre. I TER MAJESTY'S THEATRE.—Her MAJESTY the QUEEN has graci ously signified her intention of HONOURING with her PRESENCE a SERIES of FOUR FESTIVAL PERFORM ANCES, intended to be presented at the period of the ap proaching Nuptials of her Royal Highness the PRINCESS ROYAL with his Royal Highness the Prince FREDERICK WILLIAM of PRUSSIA. The g en e ral arrangements are under the direction of Mr. Mitchell, in co-operation with Mr. Lumley, and favoured by the assistanoe of the following Managers of the Metropolitan Theatres ; Mr, Smith... Theatre Royal, Drury-lane . Mr. Buckstone ............... . Haymarket Theatre. Mr. Webster ... .... .• Adelphi Theatre. Mr. Harrison and .Miss ...... Lyceum Theatre. Mr. Robson and Mr. Emden Olympic Theatre. Mr. Phelps Sadler's Wells Theatre. The programme will comprise the following Entertain ments : THIS EVENING, SATURDAY, January 23, LA SONNAMBULA. By Madile. Piccolomini, Signor Giuglini, and the Principal Artistes of Mr. Lumley's Theatre. And a FESTIVAL CANTATA composed by Mr. Howard Glover. With a BALLET DIVERTISSEMENT. Fourth Performance, AN ENGLISH COMEDY, By Mr. Buckstone's Company of the Haymarket Theatre. And an AFTERPIECE, in which Mr. Wright and Members of the Adelphi Company will perform. ---- Admission to the pit (for which a limited number of tickets will be issued Gallery stalls (reserved and numbered) Os. Od. G 3s. d.. Gallery Applications for boxes, orchestra stalls, and tickets to be made at the Box-office of the Theatre, and at Mr. Mitchell's R o yal Library, 33, Old Bond-street. T HE A T RE-R OYA G, DRURY-LANE , Lessee, Mr. E. T. Smith. THIS EVENING, will be performed HIS FIRST CHAMPAGNE, in which Mr. Leigh Murray will perform. After which, the new grand pantomime, LITTLE JACK HORNER. Commence at 7. THEATRE ROYAL, HA.YMARKET. Lessee—Mr. J. B. Buckstone. THIS EVENING, to commence at Seven o'clock, with A CURE FOR THE HEARTACHE, in which Mr. Buck stone will appear. After which, a new comic Christmas Pantomime, entitled THE SLEEPING BEAUTY IN THE WOOD; or, Harle quin and the Spiteful Fairy. Harlequin, Mr. A. Leclercq ; Columbine, 3!iss . Fanny Wright ; Pantaloon, Mr. Mackay ; - lOwn, Mi. Charles Leclercq. Orchestra Stalls (which may be retained the whole of the eveningl 4. 6s. each. (No charge for booking.) First Price. s. d. Second price. s. d Dress Boxes 5 0 Dress Boxes 3 6 Upper Boxes ... 3 0 Upper Boxes 2 0 Pit Gallery ROYAL PRINCESS'S THEATRE. Proprietor, Mr. Charles Kean. THIS EVENING, will be performed Shakspere's Play of A MIDSUMMER-NIGHT'S DREAM. After which, a new grand comic Christmas Pantomime, entitled HARLEQUIN WHITE CAT ; or, The Princess Blanche Flower and her Fairy Godmothers. The Princess Bl anc he (White Cat), Miss Kate Terry ; Harlequin, Mr. Cor mack ; Clown, Mr. Huline; Pantaloon, Mr. Panic); and Columbine, Miss C. Adams. THEATRE ROYAL, ADELPHI. Lessee—Mr. Ben. Webster. THIS EVENING, will be performed the new drama, THE POOR STROLLERS, in which Madame Celeste, Mr. E. Webster, Paul Bedford, and Mr. Wright will perform. After which, a Mythological Extravaganza, entitled HARLEQUIN, Oft THE LOVES OF CUPID AND PSYCHE. Jupiter, Mr. Paul Bedford ; Mars, Mr. Frank Hall ; Venus, Mrs. Billington ; Cupid, Miss Marie Wilton ; Psyche, Miss Mary Keeley. ROYAL LYCEUM THEATRE. —SoIe Lessee and Manager, Mr. C. Dillon.— THIS EVENING, will be performed Leigh Hunt's new Play, LOVERS' AMAZEMENTS. Supported by Messrs. Charles Dillon, J. G. Shore ; Mesdames Charles Dillon and Woolgar. To conclude with the Burlesque and Pantomime, ',ALLAH ROOKH, and the PRINI'ESS, the PERI, and the TROU BADOUR, ' • or, Harlequin and the Ghebers of the Desert. Supported by Mesdames Charles Dillon, Buckingham White, Eliza Webb, Maria Ternan, Esther Jacobs, and Woolgar ; Messrs. Barrett, Calhaem, Holston, Poynter, and J. L. Toole. Clowns, Messrs. T. Matthews and R. Stilt ; Harlequin, Mr. J. Ricketts; Pantaloon, Mr. A. Stilt ; Sprites, Herr Zeleski and Sons ; Colamb'nes, Misses Malcolm and Lees. Gorgeous Feast of Lanterns.—Fenton's Grand Trans formation Scene. Doors open at half-past t, to commence at 7. Morning Performances on Monday, the 25th, to commence at half-past 2. 3oz-office open from u. to 5 daily. ZJIOYAL SURREY THEATRE, I. 1) Lessees, Messrs. Shepherd and Creswick. THIS EVENING, will be performed PERILS BY LAND AND WIVE. After which, QUEEN MAB ; or Harlequin Romeo and Julliet. Clown, by the Surrey Buck ; Pantaloon, Mr. Brad. bury. STRAND THEATRE.—Lessee, Mr. T. Payne. —THIS EVENING, will be performed HARLEQUIN NOVELTY AND THE PRINCESS WHO LOST HER HEART. Harlequin, Miss Craven ; Columbine, Madlle. Deulin ; Sprite, Herr Kirt. The Lambert Family and the Red Man of Agar in thelr wonderful performance, ac. Commence at Seven. Stalls, 3s. ; Boxes, 2a.; Pit, is.; Gallery 6d. CANTERBII RY HALL, Weetminner-road.-- OPEN EVERY EVENING.—The follow ing company of Vocalists are engaged for the performance o' 8 elections from all the popular OPERAS, MADRIGALS, CHORUSES, GLEES, DUETS, Ice., viz. :—Miss Russell, Mrs. Badzey, Madlle. Marietta, Miss Bru sell, Miss Ray, Madame Bartoletti, Miss Montague, and Madame Marietta , Herr F. Jonghmans, Mr. Henshaw, R. Grover, T. Farrant, S. Jones, J. Barker, W. Melling, Senor Antonio, E. L. /lime, Mr. Badgey, Mr. Edwards, Mr. Bell, and Mr. Ber nard; Messrs. W. T. Critchtield And E. Mackney. Piano forte, Mr. Cecil Hicks ; harmonium, Master Williams ; Director, Herr F. Jonghmans. Commence at Seven o'clock precisely. Suppers, dre., until twelve o'clock. Mr. AUGUSTUS %AMA will make his first appearance on Monday, the 25th inst. HIGH WATER AT LONDON BRIDGE. THIS DAT—Morn., 15 min. aft. 7--Even., 40 min. aft. T To-MORROW —Morn., 10 min. aft. 8 —Even., 45 na!n aft. 8 THE WEATHER--SuN OFFICE, JAN UAW! 23 THIERSIOMETER, IN THE SHADE. 41—highest since noon yesterday. 37—lowest this morning and during the night. 43 —this day at noon. BAROMETER, 30.59. WIND, Northerly; light, with fine winter weather. , er-r• t h ; • • LO/(DON, SATURDAY,. JAN. 23, 1858. We inserted in our impression of yesterday t wo telegrants.that had - just Come to hand respecting affairs inludia and China, and one to-day. They do not now possess the same thrilling interest that existed while Delhi 'was besieged, and the fate of the fugitives at Lucknow hung trembling in the balance. There are, however, matters of vast importance communicated. We hear of new vic tories over the rebels, which prove that the work of pacification and retribution is in rapid progress. Our arms were triumphant in every instance. Colonel SEATON, a vigorous and efficient offi cer , had twice encountered the enemy, and with corn_ plete success in both instances. On the first occa sion his small column met the enemy at Guingeree, and completely defeated them, captured their guns, and killed 150 mdn. A few days subsequently, on the 18th, there was another and more decisive contest near Futteeghur, in which more than 600 insurgents ware killed, including many chiefs, and eleven guns captured. Th e gallant Colonel pursued the flyinc , enemy for more than seven miles, and effectually dispersed them, with but trivial loss on his own pat* - The communications between Bombay and Calcutta have been restored. Tlie nature of the interruption has sot been very clearly explained ; bat it is satisfactory to know that it has been removed, and that British authority has been perfectly restored along the entire line. Nothing has been heard from Oude. That may now be regarded as the only district in which rebellion rears its horrid head. We may, however, trust. to Sir COLIN CAMPBELL to come to a proper 'Linn SIYN LONDON, SATTYRDAIy EVENING}, JANUAMY 23, 1858 reckoning with the brigands, with his indefatigable energy and experienced skill, he wi ll be ,ble ,' speedily to put down the disturb ances a nWs ' tranquillity. Oude is now the citadel of t ,:s e sanguinary miscreants. Lucknow is in their hands, although Sir CoLIN took care to bring with him the treasure, guns, and, far better, the fugi tives, which were fortunately placed in perfect security through his care. It can, however, at any moment be captured ; and it is, perhaps, better that there should be a position in which the rebels should be concentrated, so that a more effective blow may be given when the proper period arrives, or, in other words, when the expected reinforcements come to the scene of action. ARRIVAL OrkPRIAAFREDERIOII WIL- , LIA.III O, '4 (Tins DAY): 's afternoon, his Royal , Highness Prince Fre d vOk..William of Prussia, the future husband of tl4 Princess Royal, arrived at the Bricklayers' Arms Station of the South-Eastern Railway. At 20 minutes past 11 o'clock a telegraphic mes sage arrived at the Bricklayers' Arms station, an nouncing that his Royal Highness and his suite were on the line, in a special train, speeding their way to the metropolis, and that they would reach London about a quarter past one o'clock As the train approached all was eager expectation in the neighbourhood of the station. The chairman and directors had made ample 1 arrangements for the reception of the Royal party, but there were no decorations of any kind. At half-past twelve, the band of the Grenadier Guards came on to the ground, and played several martial airs. The band was followed by about 80 guards on foot and 40 mounted. The Prince Consort, who was accompanied by the Prince of Wales and Prince Alfred, arrived at the station at 10 minutes past 1, and in another minute a bell rung, announcing the approach of the train. Exactly at a quarter-past one, the time indicated on the company's bill, the train came into the station, and the band struck up the National Anthem. The Government have at length recognised the just claims of some of our Indian heroes. General INGLIS has been made a K.C.B„ and with him the gallant HOPE GRANT, Captain PEEL, and Colonel LIIGARD. Every one of these honours have been jastly earned, and indeed it may be considered that more should be done for INGLIS and GRANT. Never was there a more brilliant specimen of enduring fortitude and skilful defence than that shown by the brave leader of the garrison at Lucknow, and by which he saved his followers and those dependent on him for shelter and protection. His name will for ever be associated with the spot rendered memorable by his acts. It was no no trivial tes to Prince Frederick William came on the platform and was received by the Prince Consort, with whom he drove off at once to Buckingham Palace, over London-bridge and through the City. succeed such men as Sir HENRY ;LAWRENCE and Major BANKS, but General INGLIS passed through it not merely with untar nished laurels, but with the universal approbation of all who witnessed his indefatigable and very efficient exertions. We trust that in his case the step just taken is merely an instal ment of justice—a mere payment on acaount. The Hon. Colonel PHIPPS has received a similar mark of Royal approbation, doubtless for the care bestowed on the management of the Privy Purse. As, however, he is placed on the Civil divi sion of the Order, we are not called on to scru tinise very closely his claims, or institute invi dious comparison between the modes in which Sir JOHN EARDLEY WILMOT INGLIS and Sir CHARLES BEAUMONT PHIPPS have earned their respective titles. There are also a numerous list of persons ap pointed to the third rank, or Companionship of the Bath, some of whom bad worthily won a higher position. There are few who will not think that GREATHED, LONGFIELD, and JONES, i l SHOWERS, COTTON, and HAMILTON, TYTLER, and 1 BAIRD SMITH, would not have graced higher titles. We do not mention these names for the purpose of slighting the claims of their companions, but merely taking almost as at a lottery those whose names have recently been mentioned with merited praise. Brigadier WILSON and the gallant Sterling would have been included, had their lives been spared to their country. In China we are about to exhibit greater acti vity. Lord ELGIN had delivered an ultimatum to which a categorical reply was required within ten days. The telegram says that Commissioner YEH showed no disposition to do something ; but what we are not told. We suppose, however, that he still exhibits the same perverse obstinacy for which he has made himself so painfully notorious. The good men and true of Sunderland have assembled to do honour to a true hero—one from amongst them—and in so doing have honoured themselves. The very interesting meeting, a report whereof appears in another part of our impression, shows the manner in which the exertions of the illustrious HAVELOCK were appre ciated by his townsmen. Nor was it the least interesting part of the proceedings to witness the stress laid upon his relgious principles. HAVE LOCK was a Christian hero. He was not only good himself, but made those with him good. His " Saints," as they were termed, always did their work well, and when efficient services were required, it was well known where they might be obtained. HAVELOCK never spared himself for a moment. There was not a man under his command whose safety he did not look to more closely than his own, and yet he never avoided danger, but rather seemed to court it. Never will his memorable march from Altahabad to Cawnpore, andthence to Luckno ff be forgotten in the military annals of his country. It was a series of continuous conflicts, and every one was a triumph. Never for a moment did victory desert his standard. He met the most terrible and almost overwhelming odds, not only without flinching, but with miraculous success. Such a man was an honour to any district, and it would be strange indeed if those born in the same locality should not adopt measures to prove what a true-hearted man they had been associated with. But there should be morethan a mere monument. HAVELOCK left children—sons and daughters; and they should in the first instance be made the national care. But there are institutions in which he took a deep interest, and we have no doubt that, if he had been spared, he would be better pleased to have his name associated with such matters than with mere bricks and mortar, or monumental marble. The latter will not be withheld ; but judging from the liberality and enthusiasm displayed, there will be quite sufficient to accomplish every legitimate purpose, to keep the memory of the Hero fresh in the recollection of his countrymen, and to have an educational movement, "sere perennius," which will make many a youth to bless the name of his departed benefactor, and qualify him to follow in the course that led to such honours and glories. Captain HAVELOCK has been made a Baronet. The oversight has been so far remedied, and his mother has been declared entitled to the rank of a Baronet's. widow. But more ought to be done. The peerage said to be intended - for the father ought to be given to the widow and her issue. Let the justice of the demand be urged by all parties, and the Government will accede to the pressure from ,without, and gracefully listen to the voice of public opinion. • . LATEST - NE W • been buoyant to-day in consequence of the note K-7 of the Moniteur, announcing that Belgium had ' prosecuted the Drapeau before the tribunal. The following were the last quotations : per Cents 94 50 Do. end month — - - 3 per Cent. ..... 69 15 Do. end month 69 35 Bank Shares Credit Mobilier 945 Do. Acoount 915 RAIL' Orleans Northern New Ditto 8026 Lyon and Mediteran. 875 New Ditto 852 Geneva Credit Foncier Belgian 4l Piedmontese (5) Roman BB Austrian Spanish Threes Home Debt 37 WAYS. INDIA, FURTHER OFFICIAL TELEGRAM. • The following telegram, dated Malta, from Captain Johnson to Sir James. Cosmo Melvill, has been received at the India-house : " ALEXANDRIA, JAN. 18, 1858. " The Commander-in-Chief. still at Cawnpore on the 12th of December. Districts uuder Mr. Sapt threatened. Azim ghur frontier also threatened. General Grant is marching towards it. "Sir James Outram at Alumbagb, by latest accounts. An attack was expected on his position. "A Ghoorkha column, 2,600 men, under Rajah Jung Bahadoor, left Nepaul, on its way to Segowlee, for service in British territory, to be accompanied by Brigadier-General Macgregor as Military Commissioner. "Insurgents at KotAh in great force ; said to have dethroned the Rajah. " Sir H. Rose is marching to the relief of Saugor. " Ajdaha sprung a leak about 300 miles after Leaving Aden, and was obliged to put back to that place. " Puujaub arrived at Suez the 14th of January, 10 p.m. Will be ready for sea night of 19th. " The Feroze arrived at Suez on the 17th. Midi Western 7OO Strasburg Grand Central Sardinian Austrian THE DANUBE. A letter from St. Petersburg of the 13th, in the Constitutionnel, says : "The exchange of the ratifications of the treaty for the navigation of the Danubo, between Austria, the Porte, Bavaria, and Wurtemberg, which was only known here yesterday, produced a certain sensation, for it was regarded as a kind of provocation to the Russian cabinet. It appears, however, that too much importance is attached to that diplomatic formality, the communications made here by Count Esterhazy being much more conciliatory than were expected on the sun ject. Prince Esterhazy, who had a private audience of the Emperor yesterday, had previously a long con ference with Prince Gortschakoff, in which he gave an assurance that Austria was not so much opposed to the views of Russia and France as was supposed, but that circumstances had compelled her to terminate as • promptly as possible the affair of the navigation of the Danube, in which two States which had not taken part in the Congress of Paris were interested. The Austrian minister announced, at the same time, that as soon as the treaty of navigation had been ratified, the cabinet of Vienna would communicate it to the great Powers for their examination. He added that, notwithstanding the exchange of ratifications, Austria did not at all consider the treaty as definitively concluded." Another letter in the Cologne Gazette says : "10 a.re., per Vectis. "Malta, 22d January, 1858 k "From T. G. MONTANARO." FRENCH REFUGEES IN LONDON. The Paris correspondent of the Times (second edition) says : " As to the demand said to be made by the French Government for the expulsion of refugees, I cannot say how it has been received. Perhaps it will be answered that even in England refugees are not protected from punishment if evidence of their guilt be supplied. Whether the Crown has the right to expel all aliens from the country is a point for jurists to decide. We know that during the short peace of Amiens a similar demand was made by the First Consul against French writers in London, and in particular against Peltier. His Minister, M. Otto, presented a note on the sub ject. It concluded by demanding—" I. That the English Government should adopt the most effec tual measures to put a stop to the unbecoming and seditious publications with which the news papers and writings printed in England are - filled. 2. That the individuals in the undersigned list should be expelled from Jersey. 3. That Georges and his adherents should be transported to Canada. 4. That in order to deprive the evil-disposed of every pretext for disturbing the good understanding between the two Govern ments, it should be recommended to the Princes of the House of Bourbon at present in Great Britain to repair to Warsaw. And 5. That such of the French emigrants as still think proper to wear the orders and decorations belonging to the ancient Government of France be required to quit the territory of the British Empire." " The British Government concluded its reply to that demand in these terms : " The Austrian cabinet has replied to the note of Servia in which that Power complains that no attentio* has been paid to her observations in the negotiations of the treaty for the navigation of the Danube. The Aus trian note maintains the right of the four riverain states to alone ratify the treaty, and persists in refusing that right to the vassal principalities. It, however, holds out a hope to the Servian Government of a reduction of the expenses charged to its account. These expenses will be fixed in proportion to the revenue of the country, and if they exceed the sum set down, Austria and the Porte will take upon themselves to pay the surplus." Ai letter from Constantinople announces that the remnant of the Polish Legion raised by Turkey in the war against Russia, and which had occupied the barracks of Haider Pacha a Scutari, have lately left for various places. The Government presented each officer of the staff with 11,000 piastres, the subalterns 3,000, the non-commission ed officers 2,000, and each soldier with 300. The Turkish piastre is worth about 41, sous. The Moniteur Algerien of the 15th states that the accounts from the Kabylia of the Djurdjura are most satisfactory. General security prevails, and Fort Napoleon, which was con,tructed with such amazing rapidity, has already become an im portant centre of communication both for the Kabyles and for the French. THE CURRENCY. Her Majesty is sincerely disposed to adopt every measure for the preservation of pease which is consistent with the honour and independence of the country, and the security of its laws and con stitution. But the French Government must have formed a most erroneous judgment of the disposition of the British nation, and the charac ter of its Government, if they have been taught to expeet that any representation of a foreign Power would ever induce them to consent to a violation of those rights on which the liberties of the people of those countries are founded." TRIESTE, JAN. 22 , According to accounts from Constantinople of the 15th inst., the Porte is to concentrate an army on the Danube, in consequence of the agita tion in the Christian provinces, occasioned by the promulgation of the Russian - Ukase for the eman cipation of the serfs. Ferouk Khan, it is said, will await at Constan tinople the definitive arrangement of the frontiers • between Turkey and Persia. TURIN, JAN. 21 The p iedmoutese gazette announces the seizure of the radical journal .Ragione for having pub lished a letter from Pa ris relati ve to the execrable attempt of the 1 4 th. This seizure, says the Piedmontese Gazette, is the accomplishment of a duty, and the expression of the moral sentiment of the people. Count Robilant and General Della Rocca, aide de-camp to the Ki n g , leave to- day for Paris, in order to congratulate the Emperor on his escape. The funeral of Marshal Latour, one of the oldest officers of Piedmont, took place to-day. A private letter from Turin, of the 20th inst., w ith the opinion pron ou n ce d by the believed there i t n h f a o t r m t h s e p u e h m a o t n t i e t v Gasoygeernnemraelnlyt is resolved, in conformity Committee on Diplomatic Relations, to demand the restoration of the steam-packet Cagliari. A note to that effect has been presented to the Neapolitan Ministor by the Sardinian Charge d'Affaires, Should this fact be confirmed, as it is certain the King of Naples will not yield, the con sequence will be a cessation of diplomatic relations between Piedmont and Naples. of a state of - harter, r l ese one-pound notes, which TH. came out of the Bank, so far from being discredited, I staved off the panic !"—Answer. "They were not discredited in the slightest degree." He com- mences his evidence with stating that it was as cer tain that the Bank-note was discredited in 1825 as that the sun rose that morning, and concludes by admitting that they were not discredited in the slightest degree. Can self-contradiction further go ? One additional instance I will give. 3,896. "Do I correctly understand your lordship, that you give up the argument which you used in 1840, that the fluctuations in the notes out of the Bank of England ought to conform to the fluctuation in the amount of bullion ?"—" I give it up so far as this—if that is the meaning of giving up—it is really completely the statement, in no respect giving it up—that now, with the means"of information which we possess, the notes out of the Bank of England must have added to them the notes which are in the banking reserve of the Bank of England." Here, in the same sentence, he gives it up, and does not give it up—nay, he is still more confident of its being correct. In 1840, before the com mittee, he stoutly maintained that the notes out of the Bank should fluctuate with the bullion, but now that statistics prove this position to be untenable, he says the notes in the Bank must be added. It seems difficult for him to acknowledge himself to be in the wrong, and yet we must do him the justice to say that in one instance, the Repeal of the Corn Laws, he did retract. We well remember calling on him, along with John Bright and Henry Ashworth, to solicit a subscription for the Anti- Corn Law League, when he not only refused, but remonstrated with us for disturbing the country by agitating the question. Subsequently he subscribed that we need not despair of his ultimate conversion to the principles of Free Trade in a sound currency e., of metal and of paper perfectly convertible iuto metal ; and, particularly, as he admits (3,856) " that free trade in an article is the best mode of procuring all the results with regard to it which you desire, is a principle which I fully adopt." Fallacy No. B.—That violent fluctuations are prevented by the Act of 1844. 3,986. He says, " The changes in the rate of discount may probably be more frequent, but on that very account they will be less violent ; and I have already stated that I think the frequency of the oscillation is really an essential principle in their utility ; and I have given an illustration which seems to me in point. It is like the rapid and multiplied oscillations of a tight-rope dancer ; if you allow him to go on for some time instead of righting his position the moment it is distutbed, he will lose his balance and tumble over, and it is precisely, so with your monetary system." This is rather an unfortunate illustration of the operation of the Act of 1844, for this distinguished performer did lose his balance (of reserve) during two celebrated exhibitions of 1847 and 1857, and was in such a panic that he tumbled down and would have broken his neck, had not his friends come to his assistance and suspended him. Two more violent oscillations could not well have been conceived. The second was the more to be wondered at, after the assurance of the master of the circus that the accident would never occur again, as his favourite performer now und erstood th principles (of the Act) better, and would make the rope still tighter. Lord Overstone said, in 1848, "I have no doubt that the commercial prosperity of the country will be restored, and even be placed on a firmer founda tion by the events of last year (the panic of 1847)." Fallacies sufficient have perhaps been enumerated to show that Lord Overstone's notion of money being merely coin and bank-notes, leads him to explain all the phenomena of the currency incor rectly, he sees them through such a false light, and from such a fialacious standpoint that there is hardly a principle that he lays down or an infer ence which he draws, or an opinion which ho gives that is not open to dispute. There is evidently a great reluctance on his part to come to a clear definition of terms. He declines to define capital, and he prefers the term money, which is very indefinite to legal ten der money, which is less so. He says (3,818)—" I think you had better keep to the word 'money.' I do not know what may be meant by legal tender." Nor did he know, which is very strange in so great an authority, that Bank of England notes were not a legal tender in Scotland and Ireland. He is asked (4,152) —Are you aware that Bank of Eng land notes are not a legal tender in Scotland and Ireland ? Ans.—l do not know how that is. If the language of these economists should ap pear too positive and strong, it must be remem bered that they are made on the evidence of one whose expressions are dictatorial and offensive in the extreme to the opponents, and even insolent to the committee, the representatives of the people. Ho characterises the views of some of them as " absurd, perfect quackery, and perilous nonsense," and this is in defence of a pecuniary system which benefits his own class at the expense of all others. We feel justified, therefore, in copying his own words (4,193), as being more applicable t lo himself than to his opponents. "It is perilous nonsense coining from high quarters, from which we are en titled to expect more Round information and safer advice, you may rest assured. I must speak 'plainly. I have a great public duty to discharge in giving my evidence in this matter." And also we quote against his monetary system, his own quotation respecting the American system :—" It is supposed that in this latter crash, nearly 180 banks, including the Bank of the United States, were perfectly destroyed, and the last occasioned by the depreciation which it causes in the valuation of stock of all kinds, and of all sorts of property was quite enormous ; the failures in this country in the late panic are alone estimated at 100,000,0001., and the deprecia tion of property is incalculable ; and yet, great as was the loss, it was really trifling, as the writer in the American almanac has stated, compared with the injury resulting to society from the upheaving it occasioned of the elements of social order, and the utter demoralisation of men by the irresistible temptation to speculatipn which it afforded, ending in swindling t 6 retain ill-gotten riches. Contrast the eulogium on the Act of 1844, chaunted by him before the committee in July last withthestateofthingsinNovember. (4,189). "Look arJund you," he says, "look at the present state of the trade of the country ; look at the prosperous condition of the revenue of the country • look at the contentment of th e p eo pl e ; l oo k a t the wealth and prosperity which pervade every class of the community—and then having done so, the com mittee may be fairly called upon to decide whether they will interfere with the continuance of an act under which these results have been developed." Cantrast again this eulogium and its flattering anticipation of further blessings with the production of Mr. Fullarton, in the concluding sentences of his admirable work on the regulation of the cur rency, published in 1845, the year after passing the act—" That if the spirit in which the restrictive clauses of the Bank Act are framed is to be consistently acted up to, a state of circum stances can well be imagined, in which the catastrophe would be as tremendous as it would in all likelihood be and len and irretrievable, shaking even to its foundation the entire financial fabric of the realm." Let the public compare these diametrically op posed prognostications of the operation of the Act of 1844 by its most powerful advocate and parent, and by one of its ablest opponents. Let them consider the arguments of Lord Over stone and of M'Culloch (his echo, judging from his recent treatise), on the one hand, and of Fullarton, Tooke, Neil, and Wilson, on the other, with the evidence that has already been published, and with that which has to be given before the next com mittee (a public one, it is to be hoped, and not a sel- ct committee composed of a majority of the moneyccracy), and then it may be fairly left to them to decide on the merits of the Bank Charter Act of 1844. Alas ! ye gentlemen of England, who live at home at ease, How little do you think on the danger of laws such as these. Comments on the Currency Fallacies of Lord Over stone, avowed by him in his evidence before the Bank Committee of the House of Commons of 1857—t0 be the principles on which the Bank Charter Act of 1844 was founded. (Continued.) Fallacy No. 5. That the practical effect of in creasing the issue of bank notes to the extent of two millions against securities would be to decrease the issue against bullion to the same extent. That such an issue would not add one farthing to the money of the country, nor afford any relief to trade s worth mentioning. 3,691. " You entertain no doubt that the prac tical effect of enlarging the limit from 14,000,0001 to 16,000,0001. would be net to add 2,000,000/, to the paper currency, but to diminish the bullion re serve of the Bank by 2,000,000/.?"—A.ns. No per son who understands the elements of the subject can entertain a doubt upon that point. It would cause an increase of 2,000,0001. in the amount of paper notes issued against securities ; at the same time it would came a decrease of 2,000,0001. in the amount of paper notes issued against bullion. Thera would be no absolute increase in the aggregate amount of paper money. There would be in the issue department an increase of securities, and a de crease of bullion in each case to the extent of 2,000,000/."—ln another part of his evidence (3,910) he says, " Et will not add one farthing to the money of the country." 3,692. "You consider that as certain as anything that cannot be made a matter of mathematical de monstration, do you not ?"—" I consider it to be as fundamental in discussing this subject as a defi nition of Euclid is in discussing any of the works of Newton." 3,694. " Whatever relief was afforded to trade would merely be momentarily ?".—" The relief af forded to trade, I think may be thrown out of the question ; it clearly does not touch the principles we are discussing ; one may fairly say that their would be no relief afforded to trade ; it would be temporary to so slight a degree that it is not worth speaking of." Can it be believed that such evidence as this was given on the 10th of July, and that four months later, on the 12th of November, when the Act was suspended, 2,000,0001. of additional notes were actu ally issued against securities, producing the very opposite effects so confidently predicted by Lord Overstone ? The issue of notes against bullion were increased instead of bein g diminished, and bullion flowed into the Bank at the rate of 1,000,0001. a week, instead of flowing out as previously at the rate of a million and a quarter ; and instead of the relief to trade being hardly worth mentioning the trade of the country was saved, as but for the sus pension of the Act the Bauk of England would undoubtedly have stopped payment and the whole machinery of the credit system of the country would have been brought to a dead lock. In saying that not one farthing would be added to the money of the country, he is again confounding money with capital—not one farthing would be added to the capital ; but 2,000,0001. would be added to the money of the country, to that legal tender money so absolutely necessary to meet engagements to pay money when other credit money fail.. Fallacy No. 6. That the object of discounting is only to obtain the command of a greater quantity of capital, and that the rate of discount is the price paid for the command of capital. 3,729. In reply, Lord Overstone asks—" What is the meaning of discount ? Why does a person discount a hill ? He discounts a bill because he wants to obtain, not money for its own sake, it is useless in itselP—he discounts a bill because he wants to obtain a greater command of capital." Discount, we apprehend, is an allowance made for ready money ; is the price paid for converting credit into cash ; for exchanging bills, one sort of money into Bank uotes,another sort of money. Discounting, therefore, is not for the purpose of obtaining a greater command of capital. A bill for 1,0001., accepted by Jones Loyd, and Co., would give just as great a command over capital as a Bank of England note of the same amount, minus the charge for discount. Bills are discounted for the purpose either of obtaining money of a more commercial denomination for wages and smaller cash payments, or for the legal tender to meet engagements falling due. This is the main object of discounting, and bears out the position we have advocated, that the rate of disdount in this country depeuds fuuda mentally upon the demand and supply of the legal tender. Thereto of discount, then, is paid for the use of money itself, our contracts being made in money, and not capital, until converted into money, ca n discharge them. Lord Overstone appears to have obtainel his idea of money in early days, he is a sked—(3,7s7)—" Do I rightly understand your lordship to say that the money was the capital ?" ic No ; I said just the reverse. I say that with money, retained as money and not used as a means of obtaining capital, you can do nothing ; you mightjust as well have a parcel of old iron. When I was a child a sovereign was given to me, with the grave admonition that as long as I kept that sovereign iu my pocket I should never be without money ; but I soon found that no good came to me from keeping the sovereign in my pocket." True, but if he had previously obtained the capital on credit, and came under an engagement to pay one pound in money for it, he would have found his sovereign of great use in keeping him out of limbol and that capital of itself would be of no use. Fallacy No. 7. That the convertibility of the Bank of England note was endangered in 1825. 3,793. " With respect to the three drains from 1819 to 1841, you have stated that they in volved three greet alarms for the converti bility of the note. Can you give any proof of that, that the alarm at that time was for the convertibility of the note ?" " It is like asking me to give a proof that the sun rose this morning. It is universally known and recognised by everybody who lived in the commercial or monetary world during that period. It is perfectly notorious that in 1825 the bullion was drained out, and that if there had not been found some 700,0001. or 800,0001. worth of 1/. notes, the Bank must have avowed that they had no more sovereigns to give." 3,795. " Then, under the most adverse circumstances of a drain of bullion, when it was stated that the Bank was within twenty-four hours THE ROYAL MARRIAGE AND THE CITY OF LONDON. -;--Within these few days rumours' have been current, in well-informed city circles, to the effect that it is her Majesty's intention, on the present occasion of the auspicious marriage of the Princess Royal of Eng land, to confer a baronetcy upon the Lord Mayor, and knighthood upon the Sheriffs at an early opportu nity after Monday next, the day of the marriage. VACANCIES, APPOINTMENTS, AND PROMOTIONS IN THE CIVIL SERVICE.—The Home Department—The office of Lord Lieutenant of Derbyshire has become vacant by the d,eath of the Duke of Devonshire. Coast Guard — Commander F. W. Gough has been appointed to the Hastings Division, vice Robertson, promoted ; Lieut. J. M. Bushell has been appointed to command the Stagg tender, vice Broad, promoted ; Mr. W. H. Wil liams, master, R.N., has been appointed to command D )wnderry Station ; Mr. H. H. Garrett, chief officer, has been removed from Barking Creek to St. Margaret's Bay, vice Lieut. W. A. F. Royse, R.N. Customs—Mr. C. Robinson h as b een appo i n t e d a searcher at Stock. ton ; Mr. H. Veale has been appointed a clerk and searcher at Fowey ; Mr. T. E. Fawcett, locker, &c., Sligo. has been appoints] principal coast officer at Pres n (Lytham) ; Mr. A. C. Patterson has been appointed principal coast officer at Limerick (K.!lrush); Mr. S. T. " Mains has been appointed principal coast officer a' Mi ford (Solve) ; Mr. W. C. Turnbull has been prc. Rioted from third to second class clerk at Shields; Mr. George A, Bothell has been promoted from fourth to thitd-class clerk at Shields. Ireland.—A third-class clerkship in the Registry of Deeds-office, Dublin, has become vacant by the death of Mr. P. Murray.—Civil Service Gazette. COURT CIRCULAR. Intelligence was yesterday received of the death of the Grand Duke Louis of Baden. The Duke and Duchess of Saxe Coburg and Prince William of Elden, at present visiting her Majesty a t Buckingham Palace, have, since the receipt of the news, remained in their private apartments. Her Majesty the Queen, accompanied by the Princess Royal and their Royal Highnes.eu the Prince and Prin cess Of Prussia, visited the Chapel Royal, St. James's, yesterday. The Maids of Honour in Waiting, Countess Eifite, and L rd Alfred Paget were in attendance. The Quee n , the p r ;nc Princess of Prus s iaßoyal,' and the Prince and also went to the National Gallery in Trafalgar-square. Herr Majesty had an evening party, at which all the diitinguished vi=4itor4 and a great number of Englis h v isitoca were present. Prince Victor of lioheolohe arrived at Howchin's H s , . Janae,'z-street, on Th uraday night from the coontteilnent, and paid a visit to her Royal Hi ghness the Duchess of Kent yesterday. INDIA AND • AUSTRALIA.—During the twelve moat l ending the 31st Dec.,1856, the mails c onveyed b y con. tract packets between the United Kingdom and the Australian colonies, and between the United Ki ngdom and the East Indies and China, contained the following cumber of letters : To and from East Indies and China. 1,467,334 1,532,257 It Rill t o seen therefore, that the corresp ondence with Australi a i s nearly' as great as that to the East Indies and (Thins. To and from Australia. PRUSSIA. Accounts from Berlin of tho 204 h state. that in the morning of that day a Te Deum was celebrated in the church of St. Edwig to return thanks for the escape of the Emperor Napoleon. The persons belonging to the French embassy were present in full unifoi m, as were also Baron de Manteuffdl and all the members of the diplomatic body, including the TurkiPh ambassador. A Vienna letter in the Bourse Gazette of Berlin says:— _ _ " The speech delivered by the King of Denmark on opening the Supreme Council has caused consider able surprise here. The Danish Ambassador, Count de Bille Brahe, waited on Count de Buol, doubtless to lessen the painful impression produced by the speech, but the Austrian Minister received his explanations with the greatest coldness, and purely and simply referred himto the approaching d ec i s i on o f th e Diet." • PRANCE. PARIS, FRIDAY EVENIN G. The Emperor ha s or d ere d an i nqu i r y to be insti tuted into the situation of the victims of the at tempt of the 14th, an d i nto t h a t o f their families. A. bill will, if ne cessary, b e presen t e d to the Legis lative Body for granting pensions to such a mon g them as may stand i n nee d o f it . The .l 1 oni teur publishes a decree, raisi n g the salaries of the bisbops from 12,000 fr. to 15,000 fr. a year from the beginning of the present year. The Moniteur says :—" The Belgian Govern ment has just presented to the Chamber of Representatives a bill on the police relative to foreigners. On the following day another bill was brought forward for modifying the Penal Code. The Government has proposed to separate from the said bill the articles relative to crimes and mis demeanours attacking international relat:on ,, , in order to make them into a special law which will be voted at once as urgent. Judicial proceedings have been commenced by the Belgian Government against the journals le Drcipeau and le Crocodile." 0 BOURSE, Jan. 22, Two o'clock. —The market has T.HE ROYAL MARRIAGE. The preparations in St. James's Palace for the nup tials of the Princess Royal with Prince Frederick Wil liam of Prussia are nearly completed. A large covered way has been erected at the garden entrance, lined with crimson cloth, well lit by windows at the sides and top, and supported by 12 pillars, which are connected by festoons of laurel. The prin cipal door has been widexed, and has its architrave covered with Christmas berries, ferns, and evergreens ; and the window of the Palace to the west has been converted into a door for the accommodation of her Majesty's suite. This door and also the windows are decorated with plants, like the principal door. The Queen's retiring room has been re-decorated. The walls are hung with a paper of a handsome gold pattern on a white ground. The cornice is gilt. The curtains are white lace, and have very rich silk draperies— crimson, flowered with gold and bordered with crimson velvet and gold lace. The table is covered with Honiton lace over rose-coloured satin, with silver cords, tassels, and fringe ; and the frames of the mirrors are carved and gilt. The furniture is covered with crimson bilk damask. The door and panelling of the room are white and gold, and the floor is covered with a crimson carpet. within the throne room is placed the table on which the attestation of the marriage will be signed by Her Majesty the Queen, his Royal Highness the Prince Consort, the foreign princes, and the dignitaries of the church officiating in the ceremony. The table has a cover of crimson velvet, and the sides are ornamented by draperies of the same material, with cord and fringe of purple silk. Seats for spectators to witness the procession to the Chapel have been erected in Queen Anne's Room, the Tapestry Room, and the Guard Chamber, and in the small recesses at the top of the state staircase ; also in a temporary gallery between the state and entree staircases, and within the temporary building in the Colour Court of the Palace. A mirror of large size is placed at the bottom of the staircase in a handsome gilt frame. The colonnade which leads to the Chapel bas been very tastefully decorated with flowering plants and evengreens in a style similar to the garden entrance. The D. ric columns have been cleaned, the capitals and bases are white, and the shafts altered to imitate coloured marble. Large groups of plant: have been placed at regular intervals on the wall opposite to the columns, fastened with rosettes of white satin and silver. In the Chapel Royal, the window over the altar has been lowered, the haut pas much widened, the pews removed, and seats erected on the east and west sides, and above these seats galleries have been raised on a level with the Royal pew. A MARRIAGE IN WALES. (Front Bentley's Miscellany.) On the morning for the ceremony the farm was in utter confusion, and Sarah's body-guard were erecting artful barricades in ad directions to prevent the entrance of the bridegroom and his friends. In the centre of the wicket gate a species of quintain was erected, also for the same purpose. Suddenly, a shrill whistle was heard, and the hostilities commenced. The enemy numbered about 50, all mounted on email Welsh ponies ; at the head rode the piper, his horse being almost hidden by trappicgs and feathers. On reaching the quistain a halt was called. " Will you let us in or no ?'' asked the piper. " No, we will not let you in," six of Sarah's body-guard replied. The attack then commenced with great vigour, and al though there were many hairbreadth escapes, the attack ing party succeeded in effecting a lodgment, and marched on the stone barricades, which seemed to offer a more serious resistance ; but the little ponies bounded over them, and the assailants drew up in front of the house, the door of which was securely fastened. Now it is the fashion in Wales that this attack should be made—not with crowbars and hammers, as might be expected—but with verses. The two parties carry on a rhyming con test, until the besieged can no longer give a reply, and the fortress is compelled to yield. The party managed to get the door opened, and in a few minutes Griffith, the leader of the assailants, eame out of the house, bearing Sarah in one arm, and waving his hat triumphantly. Sarah shrieked, and defended herself with hands and feet, but the lucky bridegroom came to the rescue, took her in his arms, and, atter placing her in the saddle before him, galloped off at break-neck speed. But the bridal guard had soon mounted their ponies, and pursued the ravishers at full speed over hedges and ditches, along the Conway-road. Beneath the Penmenmawr the robbers were caught up, and a regular battle ensued. Blows of the fist and stick were exchanged in the most admirable manner, but poor Sarah was most to be pitied. Her body-guard tried to drag her down by the legs and arms, and set to work with more freedom than a lady would endure who might have less power ful mu , clea and more prudery than a Welsh girl. At length the bridegroom's party, with their numerical superiority, succeeded in disarming the others and gaining an entire victory. The horsemen then proceeded to a tent, which had been put up at Gorddunoo Farm, and were followed by a large number of marriage guests, who bad collected on the high road to see the fun. The entire farm looked as if an auction were going to be held. The yard was crowded with marriage present., furniture, kettles, buckets, pots and pans. Now and then a rider came trooping in, bearing a chair or a clock on the saddle-box. Tne procession then started for Llan fairfechan, where it arrived about noon. 0 wen and Sarah were soon made mad' and.wife, and the day's sport began. At the entrance to the ttnt sat the blacksmith of Aber, and on a tub near hiin stood a box. Every person that entered threw in a trifle—c!ii.shining for the food, a shilling for the drink, sir, iind;ailything more will be accepted. And when the christening comes we shallhave another day's jollity." At the other end of the table sat the harper and piper on a slight elevation. There were probably some 300 guests assembled, old and young, boys and girls. Immediately after dinner the tables were removed and the dancing began. The blacksmith of Aber was continually walking about among the couples, and carrying on the cigar trade with considerable profit. The Welsh are not passionately fond of dancing, but they make up for it by their love for singing. There is not a dance, or a merry-making, where they do not eventually congregate round the harp, and commence their pennillions to the variations of the harper. They sing on without interruption, one after the other, and each a different stropbe from the preceding one. As a general rule, a merry contest is carried on ; each singer tries to contradict his foreman through the pennill, in which process the cleverer pal-zoos often extemporise in the most astonishing way. The majority of them, how ever, have hundreds of pennillions in their heads, which they have ready for any occasion. The tune selected is usually the air " Ar hyd y Nos," better known to Saxon ears under the name of " Poor Mary Anne !" Letters from well-ir.fortned correspondents in receipt of late advises from South Australia entirely contradict the statement of its being contemplated to raise seven millions, or any other sum of great magnitude, for rail way works in that colony. In the colony of Victoria eight millions is the amount proposed. TURN HIM OUT.—The governor of the Charter-house is no less a personage than Archdeacon Hale, who can not be said to be driven by sheer need, in the absence of any salaried appointment, to take the sinecure gover norship at the paltry rate of 1,2001. a year ; for it is said that he has one or two other sources o income, similarly paltry as to their amount of emoluments. But what does Sutton himself say, in those original docu ments which have been quoted again and again in the City Press, long before Inspector Skirrow put on his lavender kids to pen a flattering report ! Sutton says, the master shall be an unmarried man—Archdeacon Hale is married. Sutton says, "He shall have no other place of preferment or benefit, eithir in church or commonwealth ;" but Archdeacon Hale is a man burdened with other appointments—he is Archdeacon of Middlesex and canon of St. Paul's. Sutton's conditions require him to be constantly caring for the comfort of the legitimate objects of the charity, and in actual " charge of the hospital ;" but Archdeacon Hale has said with his own lips, that he purposely refrains from interfering with the brethren, because such conduct might appear inquisitorial, which we consider a very neat apology for the sinecure performance of wbat should he a responsible duty. But Sutton says, further, \ that if any of these conditions are infringe d, " he shall leave that place, or be displaced if he refuse d to do so ;" ~.'?d'ork - grounds of strict legality, the Master of the L.a rter--hoh dayn e clearing-house next being the day se ought long ago to have been served with noltr o e n to q u it.—Ci ty P ress . Monday will fo r e l t o h s e e Royal r ya th l the final a l marriage, ; the banker s ' de livery of drauats at 24 p.m. NORTHUMBERLAND AND DURHAM t•DISTRICT BANK. NE WCASTLE • ON-TYNE, JAN. 22. A densely-crowded meeting of shareholders of the Northumberland and Durham District Bank was held in the Central Exchange Assembly-rooms this afternoon—Mr. G. Ridley,M.P., in the chair —for the purpose of winding up the company and appointing liquidators for that purpose. Mr. Mew man, solicitor to the Bank of England ; Mr. Mur rough, solicitor to Glyn and Co.; and several local solicitors, wera present. The meeting was very ex cited. Mr. OGDEN read a report from the directors. They regretted to announce that not only had the losses of the company exhausted the whole of the guarantee fund, but also, in their opinion, the en tire paid-up capital. They had hoped that some small portion of the share capital might have been preserved, but a further examination of the ac counts, the continued effect of the monetary crisis on parties indebted to the bank, and the necessity of placing a value on the assets, compelled them to take that view. The directors further stated that the following gentlemen bad been agreed upon by them, the shareholders' committee, and deputations from the creditors, for nomination as liquidators : —Mr. John Fogg Elliott, gentleman, Durham ; Mr. Wm. Bainbridge, barrister ; and Mr. Joseph Fairs, chemist, Newcastle. The shareholders' com mittee also reported that they had had access to the books and securities of the bank, and that their ex amination had satisfied them that the figures in the undermentioned balance-sheet, proposed by the di rectors, was an approximation to the truth. The result thus shown was founded on the presumption that the securities of the Derwent Iron-works, the Elwick estate, and the Messrs. Carr, Brothers, were sufficient. The investigation of the committee, they stated, led them to the belief that the bank had long been under circumstances threatening to its safety, and that the present acting directors, Messrs. Ogden, Hawkes, and Silleck, had struggled most anxiously, though ineffectually, to overcome its difficulties. The committee re- - gretted that many of the shareholders had not met the call of Dee. 15 with promptitude. The follow ing :: . approximate statement was read :—Debtor : deposits, 1,304,2801. ; ditto, interest, 35,0001.: credit accounts, 818,493/. ; ditto, general or sus pense account, 21,4271. ; sundry banks, 162,1741.; balance, 46,456/. ; total, 2,377,830/. Credit ac count : bids in hand, current, or overdue, and debit balances, after allowance for bad and doubt ful debts, 2,296,590/. ; sundry banks; 49,589/. ; general or suspense accounts, 8,377/. •, bank pre mises, 18,000/. ; cash in hand, 5,2741.; total, 2,377,,830 1 . This account includes 62,2791. received in part of new call, a large portion of which arose from transfers of parties' own credit balances ; the bills rediscounted, amounting to 1,627,0931., were not included in the debtor statement. The divi dends paid since the formation of the bank amount to 676,483/. 7s. 9d. The shareholders' account showed that 66,775 shares had been issued at 101. each, amounting to 667,7501., while the bank owns 10,470 shares, of the value of 104,7001. It ap peared that the bank held life policies maintained by debtors amounting to 22,0991., and policies maintained by the bank at an annual cost of 2,0631. which amount to 45,000/. The CHAIRMAN moved the adoption of the re ports. Mr. MILNER seconded. Questions were asked, and a warm debate ensued relative to the security given by Mr. J. Richardson recently a director on the Consett Iron Works. The agreement between Mr. Richardson and the bank was read. It was made after the stoppage of bank and guarantee payment of 765,0001., 50,0001. 'raving been written off by directors in considera tion of his giving the guarantee, interest of the whole to be at the rate of 5 per cent. The portion of the principal to be paid yearly to depend upon the price of forged iron. In answer to numerous questions why such large advances were made to Mr. Riciardson, Mr. OGDEN said the debt had commenced before he entered the bank, in 1845, and was then 500,0001. The directors who were in power then had died, except Mr. Richardson, who was the only survivor. Mr. Richardson was not legally, only morally liable, and they had done the best they could. His part ners in the iron works,—Messrs. W. Backbone., E. Richardson, T. Richardson, Mr. Richardson's brothers, Mr. Smith (of Derby), M. Bigg, and C. Bragg—were liable with him under the agreement. If their property were brought into the market at this moment, it would probably not realise the amount cf security, but under improved manage ment it would ultimately be worked out. Mr. Richardson's real property was not secured to the bank; he was reputed a rich man, but his property was encumbered. The Rev. Mr. FEATHERSTONHAUGH asked how it happened that in the directors' report last Feb. the profits of 70,0001. were declared gain on the year's transactions, and that a dividend was de clared. Was not suspension hanging over them then! Mr. OGDEN said that that profit was made upon living account, everything bad and desperate being struc off. Part of it was divided, part carried to n. , enunt. Which had baou plitucd. b o los° the eyes of the shareholders every year. Strong objections were made to confirming re ports, and the motion was not put. A string of resolutions was submitted to the meet ing ; the principal points in them were the dissolu tion and winding up of the company, subject to the provisions of the company's deed of settlement and Joint-Stock Banking Companies' Act, 1857 ; ;he appointment of liquidators named above, and re commendations to creditors •to appoint a committee, to represent them during the winding up. The CHAIRMAN read a letter from Messrs. New man and Murrough, solicitors to the London credi tors, dissenting from winding up by the three gen tlemen named, and suggesting the addition of Mr. Coleman, accountant, and Mr. Willi ams senior clerk at Messrs. Glyn's. , It was objected to Mr. Coleman, that he was accountant in the affairs of Messrs. Carr, Brother* and Co., who are debtors to the bank. After some discussion the resolutions were unani mously carried. The CHAIRMAN declared the meeting dissolved. A private meeting of the creditors was after wards held in the room. IRELAND. DUBLIN, FRIDAY MORNING. THE PRIEST'S PROSECUTION. The fate of Father Conway is stillinthe balance. To the disappointment of not a few who were early in the Queen's Bench yesterday morning, the threo J udges took their seats and proceeded to the rou tine business without making allusion to the judg ment which was set first in the list of the day 'o work. It is understood that the Court is, divided, Mr. Justice Perrin differing from his two learned brethren. Yesterday was the last day for serving notices of trial for the present term, so that, even if the Attorney-General succeeded in his motion to change the venue to Dublin, there woull be either a trial at bar, or the case would be postponed to the after sittings of Trinity Term, no speCial jury cases being triable in the short sittings of Easter Term. THE CONTEST FOR LIMERICK. The two candidates have launched their election addresses, and each is pursuing a vigorous canvass of the constithency. If, however, as is rumoured , the Conservativp interest should be thrown into the scale for Mr. Ball, there would be little doubt 01 that gentleman's success. THE RECENT FAILURE IN THE SOUTH. Acmunts from Limerick announce that a meeting of the creditors of Messrs. Bannatyne has just taken place there and, according to th e st a t emen t p l . l forth, the liabilities amount to nearly 95,0001. The arrangement proposed wai payment of 6s. 6d. in the pound, at six, 12, or 18 months, which it i° understood has not been accepted, some of the principal creditors not having been represented At the meeting. COURT OF COIIIION COUNCIL.---Yesterday a special court was held for the purpose of receiving the report from the committee of justices, appointed at a meeting of quarter sessions for the City of London, to carry into execution the Lunatic Asylums Act, 1853, in relation to providing a lunatic asylum for the City of London , and to inquire and report what would be the probable cost of the proposed lunatic asylum, out of what funds it was desirable the expenses should be paid, and h° // those funds should be raised. The committee, havini carefully considered all the circumstances, were O f opinion that the proposed asylum, including the pa' chase of the ground, would be about 50,0001.; and that the cost of erection, if erected at all, should be by county rate, it being for the accommodation of pauP er lunatics. Mr. Cox moved the adoption of the r eport* After some discussion the motion was agreed to, ther e being only one hand held up against it. THE TROUSSEAU OF THE PRINCESS ROYAL, althOtle . in amplitude worthy in every respect of so important 9,21 occasion, is remarkable for the substantial utility of t articles composing it. This ob,ervation Is more sop ally applicable to the chaussures of her Royal Highne °B l which, although comprising some twelve dozen pairs 9 1 . boots, are almost in every instance useful in t hel character, and solid in their manufacture ; while, a t the same time, they are light and elegant in appearance' Some of them, intended for rough walking, are p r r vided with treble soles, and small, but projecting na i `f; They bear the cachet c f Mr. Sparkes Hall, ber Majai t Y t bootmaker, who has applied his well-known ateno elastic process to all of them. Some of the lighter h° ° ', are made of a beautiful and exquisitely woven mate rilw known, we believe, as Italian Stockinet. [The thi ck w arm boots of youthful royalty will, we trust, beccao fashion I