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

ads of ctory. iad a airies, there suh- would d also e, on senio. is my pours rtion, ion of me to 'pour at sr- the I bad ytical r the ioned R tb• that coca. [mate somes (ERA. table ig to er, cf YORK RACES.—(This Day.) [BY ELECTRIC TELEGRAPH.] KNAVESnIRE PLATE. Massacre The Bat — Rita Fourteen ran. LATEST BETTING. GREAT NORTHERN HANDICAP. 9 to 2 agst The Dupe (taken freely) 7to 1 agst Turret (taken freely) 10 to 1 agst Warlock (taken freely) 10 to 1 agst Bashi Bnouk (taken freely) 10 to 1 agst Tunstall Maid (offered) TWO THOUSAND. 11 to 1 agst The Happy Land (taken to 501. and again offered) CHESTER CUP. 1600 to 100 agst Kelpie (taken) 25 to 1 agst Gammon (offered) MONEY MARKET AN 0 COMNIERCTAL INTELLIGENCE CITY, Two O'CLOCK. The Foreign and Colonial Produce Markets, during the last few days, have been very inactive, particularly for two of the principal articles, viz., sugar and coffee. The near approach of the Dutch Company's s 31e, in Holland, has tended to depress prices. Considerable quantities of both these articles are also announced for public sale here during the week, and prices are generally rather lower. Tea has bean very quiet, as both dealers and speculators have been waiting the delivery of the letters from China by the overland mail. Cocoa and rum have been in moderate demand and at steady rates, and rice has been extremely dull. Saltpow re has been Inquired for to a moderate extent, but no improve ment can be noticed iu values. For tallow there has been a steady inquiry, and prices have been well Supported. P.Y.C. on the spot is quoted 545. Gd. ; May and June, 535. ; July and August, 525. 3d. ; and last three months, 525. 6d. per cwt. Letters from Liverpool mention that. the Cotton Market yesterday manifested a dull appearance, and quotations were unaltered. The sales amounted to 7,000 bales, 1,000 of which were taken by the speculators, and 500 by the exporters. The advance in the American exchange will prevent any important efflux of gold from this aide, and consequently all apprehension on that head is removed. Other demands will only absorb a small amount in the aggregate; the requirements for the East are limited, and few remittances are, there fore, made to the Continent. This will ensure a further accumulation of specie in the Bank vaults, for large supplies are en route for Australia. The revolution in Venezuela is likely to result in the return of General Paez. if so—and very little doubt can be felt on the subject—the English creditors may expect immediate reparation for the neglect of their claims. Prior to the accession of the Monagas' family, .the dividends were paid with due punctuality, but of late the revenues of the country which are amply sufficient to discharge all the State engagements, have been misappropriated. Anticipating his fall the President has sent away large sums of money which ought to have been devoted to other purposes. We hear, however, that even the pensions have not been paid, and ao surprise need be felt at the dishonourable conduct towards the foreign creditors. The people are at length tired of such a regime, and dis gusted at the wholesale plunder that has been going on. They have risen against Monagas, and by this time he is no doubt defeated, and Paez re instated. Of course, a great deal of anxiety is felt to learn further particulars—to trace the cause of the revolution ; but, without knowing the issue, it may be safely affirmed that the news received yes terday is satisfactory alike to the English Bond holders and the best interests of the Republic. A meeting of the Tincioft Mining Company aas held to-day, when the accounts for the year were laid before the meeting. The value of the tin and copper raised and sold in the period of 8 months was 15,265/. 155., and the expenditure 12,7271., leaving a profit of 2,5381. The actual surplus of assets over liabilities was 4,4061. ss. sd. There was no dividend proposed on this occasion, and the accounts were agreed to. There is a quiet but firm market for Public Se curities. The quotations have undergone scarcely any variation, but there is still an upward tendency, and a few purchases would no doubt have a marked effect. Temporarily, however, the arrangement of the foreign stock and railway share accounts con stitute the chief business of the brokers and dealers. Consols are about 961 1 for money, and 96/ for the account. The New 3 per Cents. and the the Reduced, are 951 1. The Indian Loan Deben tures are 99a, and the Scrip is 99/ Exchequer Bills are 355. to 40s. premium, and India Bonds 18s. to 20s. premium. The transactions recorded in the Foreign Stock Market are not very numerous, but prices gent rally exhibit a downward tendency. Turkish 6 per Ceuta are 971 ex-dividend, and the 4 per Cents. 1041 ; Spanish 3 per Cents, are 431 ; do. Certifi cates, 4i ; do. Passive, 61 7 ; Mexican 3 per Cents., 19 i ; Portuguese 3 per Cents., 458 ; Russian 45 per Cents., loot ; Sardinian 5 per Cents., 90/ ; and Belgian 4/ per Cents., 101. The following are the nominal prices of Foreign Stocks :—Grenada Deferred Bonds, 51 6 ; Mexi can, 191 201 ; Peruvian 45 per Cents., 81 83 ; ditto 3 per Cents , 55 57 ; _Portuguese 3 per Cents. ; 45 4 6 ; Russian 5 per Cents., 109 111 ; ditto 45 per Cents., 99 101 ; Spanish 3 per Cents., 434 441; ditto New Deferred, 261. In the Railway Share Market only a moderate business has been reported, and the transactions have been chiefly in connection with the arrange ments now in progress for the settlement of the half -monthly accounts. An advance of about to per cent. may be reportel in most of the leading lines, and the general tone of the market exhibits more firmuess. Caledonians, Eastern Counties, Lancashire and Yorkshire, Great Western, North Western, North Eastern (Berwick), and Sot tish North Eastern, have each improved about ss. ; Great Northern and Midland, 10s. ; Brighton and South Westerns declined 10s. The Fot eign and Colonial lines have been rather quiet, but there was a slight improvement in one or two of the principal undertakings. Eastern of France advanced ss. ; Dutch Rhenish, ss. ; Great Luxem bourg declined ss. ; East Indian improved ss; Great Western of C 'made, ss. ; and Great Indian Peninsula, ss. Mines, banks, and miscellaneous shares were steady at previous rates. intrrisa FUNDS THIS DAY AT ONE O'CLOCK. ( Pram the Official List:) Bank Stock Business does. . 222 20 3 ~er cent. Reduced Attallalee 3 per Cont. Consols ?Annuities Newt nor Cent. Annuities 953 6 India L oan D e b entures 993 Ditto S c ri p 99i i I ,4..tute, L DIM) litto, under £lOO9 ******** ..... . ..-.... 2l p is CeLsols ter Account ... ** Exahaquer Bills. 24a. ****** ,:1000 ............... 40 1395 S A.ll . Exchequer Sends, IM5s, /, , . • , per , ent.... -- Ditto, 135 9 PR :CBS OF FOREIGN FUNDS AT ONE O'CLOCK Mexican 3 per Cent ••• -19 i i Portuguese Bonds, 3 per Cent., 1853 ...... 453 Rusoat% _cowls, 1‘2:1., r.: St.,') per ',Ant.... Ditto, .1 por Cent. Ssnliniat, Bons, * per Celli ••• 90ii Sp i , -1 1 --..‘1, ptri • 'out Oat, Passive fun. 4 2 8 i`‘tuisti Committee C rrt. of Coup. IFJI 4 T mi.,. ..,i,.. 1 ,. .41 , f.), , r Ditto Guartaced. nAr Cent. 101 i Dividends on the ALnova payable in London. Belgian 4i per Cent., ex. 25 francs TWO O'CLOI. K. Consols, money . Ditto, Account . 93 The Duke and Duchess of Richmond arrived at the family mansion in Portland-place, yesterday, from Gooiwo4sl, for the seasor. WESTERN BANK.—GLASGOW, April 10 —We learn that the liquidator,. of the Western Bai k of Scot!attd have made preparations fo paying by the beginning of May the depositors and creditors of the hei k one-balf • f t he debts due to them; in uther words, they will pay Aga, in the pound of the total debts. 11 11i St. St. L 2 St. 25 St. St St. 20 20 10 A. 16i 100 100 100 100 all all all all all all all BRITISH POSSESSIONS. 100 all Atian. and SL Law. 18 I 9 Bombay, Baroda, and Cen.lnd,guar. 5 p.c. 4 1p 18 all Do. 18 all Do. Additional A ... I ip 204 all Buffalo dz Lake Her. 9 10 100 10u Buff., Brnt.dz Godch, 1 85 90 100 1 100 6 p.c.bds., 1 Aug..'72 Do. do., 1 July, '73 79 82 100 100 Do. do., 1 June, '74 77 80 20 2s. Calcutta and S. East, 20 2sd Central Oude (Lim.) . 20 i 2 Ceylon A shares — lg 174, all Demerara . 20 2s. Eastern Bengal St. 100 East Indian llO4 1111 1101 11 20 all Do. C Shares •••P 20 5 Do. E. d 0 . ...... la —1/ lei 100 all D 0.44 p.c. Bn . ds. ,'59 20 all Geelong & Melbourne guar. 5 per cent. 20 201 St. 100 Gd. Trunk. of Canada 46 48 46 7 LOO all Do. 6p. c. Deben Bl 83 81 . 20 all Gt. In, Pen. g. 5 pare 2ll 21/ 21 20 4 Do. New. guar. 5 p.c I 10 4/ 201 all Gt. Westn. of Canada 191 194 201 13 Do. New 100 all Do. Bds., payable '57 ... . . 100 all Do. do., '76, p. '6O lO6 111 100 all Do. do., '73, do. , ,106 111 100 all Do. do., '73, without option ,105 108 j 20 all Madras, guar. 44 p.c 1 191 194' 19 20 all Do. do., 5 per c. ' 201 2t 20 20 15 Do. 44 p. C. Eaten. id par 14g 20 5 Do. 3d Ex., g. s p.c. 4 20 5 Do. 4th Ex., do, p 20 55. Oude (Limited) 20 15 icinde, guar. 5 per c 4 1 p Do. FOREIGN. 10 all tntwrp & Rotterdam 6 -- 61 20 all Ardennes. • •• 20 3 Bahia & Fra - circo — ... 3 5 all Belgian East. Junct 1 —1/ 20 all Beziers to Graissessae •-•• 6 all Carmeaux&Toulouse Coal Mines and Ry. 31 3i 20 15 Dutch Rhenish 20 all Eastern of France 27/ 274 27 20 2s. Euphrates Valley 20 all Gt. Central of France ... 20 all Great Luxembourg... 74 8i 7i IC 6 Italian Junction — ••• 20 all Lake Const. & Bale ••• 20 all Lierre and Turnhout . 20 6 Lombordo-Venetian 44 4i 5 all Lucca & 20 all Lyons and Geneva 251 261 33. all 'Walla Anteula 10 all Do. New — 20 all Namur & Liege 20 all Do. do. 6p. c. Pref. 21 211' 21 16 all Northern of France 374 —37 i 20 8 Do. New 10 all NorwegianTrnk.Pref 81 91 20 all Paris and Lyons 324 324 20 all Ditto Now 20 all Paris and Orleans 20 9 Recife & San Fran , (Pernam.l g. 7p. c. 1 id 71 20 14 Riga and Danaburg 10 all Rome and Frascati 20 all Royal Danish l5 17 5 all Royal Swedish 4 all Do. 7 per cent. ..„.. 2C all Sambre and Meuse Bl 81 10 all )o. 51 per cent. pref Bl 9 20 all Southern of France 2ll 214 8 all West Flanders 44 5 10 all Do. 54 per c, Pia 20 all W.dz N.W. of France , 244 254 20 6 Nestern of Austria ••• ?ft all vVO t, of Switzerland 6 all r .esi aden 6 all >O.B p. cent. pref. ••• 20 Zoaland . JOINT-STOCK BANKS. 100 1 SO Agra & United Serv. . . 40 all :k as t ral asi 2i , all Bank of Egypt 100 50 Bank of London 46 48 40 all Bri.Col.Bk.it Ln. Co , 50 all British N. Americanl 20 10 C.Bk.of Ind.Au.diCh 31 - 2i 100 50 City si 60 100 25 li)olouial 206 all ICommercialolCanada' •( 1 0 20 Commercial of Loud.' 120 all Eng.Scot.drAns.Cut.! 176 18 20 all Lon. Ch. Bk.of A 19 50 20 'London and Connty 1250 3500 2 1 0 0 ! Lo Lo Nan n tid d o o .na ja ri n J dpro o w in e t s.t S om t f o Eni c utti . 20 10 Do. New 50 25 National Bank 20 all New Sonth Wales , 43 45 25 all Oriental Bank Corp ' 374 —38 i 20 all Ottoman Bank .... 16i 17/ 00 rb Provincial of Ireland 61 63 10 all Do. New.. t 5 a n ~onth astraba. - F Un D io% o New Australia 2 ' all 4 ew 3 -0 32 60 1 6. London 2" 2 24i 24 - 1 1 2 5 i Dio. Nn ,00 50 LJulty Mu taw d .-0 •114 00 150 Westran of 1.0.. tno LA. itAIL W A Yti. (AMWAY , ' Nottng. Bost & Eastn. Belfast & gallyrewn Birmng. Wolverh '4o-or Valley •• Birkenhd. Lanes-h. Cheshire Junct...„ Blackburn Blyth & Tyne original £25 (iss. at £45) riristnl & Exeter__ Ca1ed0nian.......... ohester 4 Efolyhes. Cork and Bandon. Cork, Black. & Pass Cornwall D.. A Do. B Dublin&BelfastJunc Dun. P. &Aber. June. East Anglian Eastern Counties..... EasternUnion,A. stk Do., do. E. I Do, New A lEagt Kant East Lancashire ... East Suffolk Do. Edinburgh & Glasgow Edinb.Prth.&Dunde. Forth and ClydeJunc. Furness .. Glasgow & S.Westerni Great N. of Scotland Great Northern Do., A. Stock Do., B. Stock Gt. Sth. &West. (Ire) Great Western. Do. Str.V.R. gna. St Irish South-Eastern. Lancaster &Carlisle. Do., Thlrds. ...... Do. New Thirds Lancash. &Yorkshire Do., do. F £l6 Do. Do., £9 Do., Wst. [tiding Un Do. Sonthpi,rt. London & Blackwell Do. New, i s. 5/. 10s. Lond.Bright.&S.Cst London & N. Wester Do. Eighths London 4 S.Wastvrn Lndndrry.&Coleraine Lndudrry. & Ennisk. Wanch.Shef. &Linen. Metropolitan Midland . iDo. Binning. & Derh Midland G. West.(lr. ' Do. Shares Newcastle &Carl isle Newpt.A bere.&Hrfd Newry & Armagh N ewry, , Warren & Restrevor Nortolk Northn.Counties Un North British North Devon, Rail. Dock Stock ... Do., A Stock ......... Do., B Stock ..... N. Eastern Berwick Do do. G.N.E.Purch. Do. Leeds Do. York North London N. & S. Wstn., Hamp stead, and City Jn. North S toff o rdshire.. North Western.. N. & S. Wostrn. June Oxford Worcester & Wolverhampton..... Peebles Portsmouth IRhy mney (Scottish Central Scot. N E. Abrdn. St Do. Scot. Mid. Stock Shropshire Union Sitingbourne &Sheer. South Devon South Eastern ISouth Wales 'S. Yorksh. River Dui, Do. Staines,Wok.,&Wok Stockton & Darling Do. do., 1854 Do. do., 1855 Stockton & Hartlepl ,Taff Vale Do. Pref., No. 1 Thames Hay. D. &R Vale of Neath Waterfd. & Kilkenny Waterford&Limeriek West Cornwall West End of London and Crystal Palace Do. A Do. B West London . . I Do. First Class Do, Second Class r e yesteriay 5 - 6 7i -• 81 69 - 71 9 - 10 26 - 27 88 - 90 84 - 8 36 - 38 ••• ...". *es •• ••• - l6i - 178 576 - 58 44 - 46 29 - 31 14 - 16 86 - 88 ••• - ••• ••• 62 63, 27i - 28 89 - 91 9i -- 10 10. i - 102 87 - 89 125 -- 127 98 - 100 56i -- 57 56 -- 53 83 85 10 12 p 10 12 r 87i 88 1 d lid s s 105 - 107 94f -94 i 1h - 923 35i --- 36 911 -91 i 63 - 65 ... -- fi 1.3 59 - 61 - 5'2/ 90} - 91 2 - 461 -47 i 73 - 741 92 - 94 4i - 4$ f 8 - 9 8 - 9 30 - 32 7 3d 106 - 108 ' 1 26i - 27 78 - 80 1 45 - 47 1 2i - 14 35 - 364 69 - 694 82i -83 i 13 - 15 7 - 5 9 - 11 35 - 36 ••• ." 166 - lOi 2i - 64 - 6$ 100 100 100 all all St. St. St. St. 100 100 100 100 all 100 all 1( a ) 1 0 100 too 100 100 all all 100 3 100 'lOO 100 100 100 16.3 100 100 100 31.1 I 17i all all 100 100 100 100 1100 THE SUN, LONDON TUESDAY EVENING, APRI:L 13, 1858. LLNES LbASED FIXEu RENTAL. Leasing Companies Closing Prices yester ay Bohm Boldness Bore this 4iy this day. THE PASSPORT SYSTEM.. 84i i 5 57 8} 102 12 xcl 87 8i 8 127 91 9 stst 8 7i i i 5i 105 Hi i i 4 92,i 2 92 18 2j t 3 4 51i 901 li 474 i3i 3 IMPERIAL PARLIAMENT. HOUSE OF LORDS.-(YESTERDAY.) The LORD CHANCELLOR took his seat on the woolsack at five o'clock. The Earl of MALMESBURY gave notice that on Thanday be would lay ou the table some coirespondence relative to the passport system, and he would take the opportunity of tusking a communication on the subject. SCOTTISii UNIVERSITIES. Lord CAMPBELL inquired whether the noble earl opposite could give any information with respect to a bill for the improvement of the Scottish Universities 1 The subject had been brought btfo:e the notice of the Government previous to the recess, and he wished to know whether it was the intention of the Government to introduce a bill on the subject? The Earl of DER BY was happy to say that his learned frier.d the Lord Advocate had a bill on the subject in the couree of preparation, and would shortly introduce it in the other house. AC rorrs NATURALISATION. _ _ On the motion of Lord REDESDALE, Actoes Natu ralisation Act Amendment Bill was read a third time and passed. TRANSFER OF ESTATES (SIMPLIFICATION BILL.) The report of amendments on this bill was brought up, and received. Lord CRANWORTH objected to the first clause of the bill. It would give no security; and he ebould, there fore, move that the bill he further amended by its omis sion. Lord WENSLEYDALE agreed with his noble and learned friend that the clause was unnece , sary. Lord ST. LEONARDS contend?d that the clause was absolutely necessary. His great object in bringing in the bill was to lessen the expense rf transferring eatates, the charges for which were enormou4. The omission of this clause would damage the tffictency of the measure and tend to keep up the present evil. He would make a term of 30 years sufficient to give a title good against all the world, and a bill possessing such a provision he hardly thouzht cou'd be termed not worth having. Lord ABINGER supported the bill, and Paid be was inclined to rely on the authority and experience of Lord St. Leonardo, rather than on that of the noble lords who oppoqel the bill. The LORD CHANCELLOR al -o opposed the bill. He o jected to the new principle of legislation which it introduced. Six or seven of the clauses of the bill de pended on the first, and the principle which they em bodied would be mischievou. and vexatious. The prin &ple of limitation established by the 3 and 4 Wm. IV. was a safe one—that actions mu,t be brought within 20 sears t f the right accruing in possession. It wai, now proposed that no right should be asserted within 20 years of the time when a conveyance was made for a valuable con-idcration to a purchaser. This provision might extend the limitation in certain cases. A person might be in unlawful possession for 10 years ; he intgLt then convey the property, and the right claimant would still have 20 years to bring his action. Lord Si'. LEONARDS said that was remedied by a subsequent clause. The LORD CHANCELLOR said that the clause re ferred to would not apply in all cases ; and the effect of the bill in many instances would be to extend the pre sent limitation. Another objection to the bill was, that it plan, d the remainder-man ent rely at the mercy of the tenant for life. The latter might make an illegal con veyance, and might survive the period within which it could be disputed by the remainder-man. Those were the leading provisions of the bill on which their lord ships' opinion wai to be taken. He thought the old principle the same one ; no grcund had been shown for disturbing it ; and the prorise I alteration might be most mischievous. He called on their lordships to re ject the clause. Earl GREY hoped to see the conveyance of real pro perty nut on a proper ground by the establishment of a registry of tid e . (H ear , h ear ) H e t h ought the objec tions urged against the bill were such that no great ad vantage would result from it adoption. Many of the ablest jurists and p economists objected to the power of tying up and by settlementsfor a great length of time ; the principle had now been so reduced and limited that it was no longer objectionable ; but rights of this cla.s ought not t o b e a ll owe d t o artificial with practical improvement in legislation. He was not prepared, on that ground, to reject the clause proposed by the noble and learned lord. Lard CA MPBELL proceeded to address their lord 'hips a second time, but be was received with loud cries of "order" and "spoke." Lord ST. LEON ARDS said that, as he had only th e privilege of speaking once, it was hardly fair in Os noble and learned lord to make two speeches. Lord CAMPBELL assured their lordships that his remarks would be strictly in explanation. The noble earl (Earl Grey), whom it bad given him great satisfac tion to hear on this occasion, bad quite misapprehended him. Tart GREY—I beg your pardon. I did not allude at all to anyl Bing you bad said. (Loud Lord CAMPBELL proceeded to make sowe olz;serva tine, but the cries of 1 ‘ spoke" being renewed, he re sumed his seat. Lord CRANWORTH said that, with regard to the other part.' of the bill to which his motion was supposed to apply, it was restricted to the first clause and to those wh•ch depended upon it—in other words to the first thirteen. (A laugh.) It would he a great loss to the public if, because their lord-hips did not agree to the proposal on the su' ject of limitation, they should be deprived of other parts of the measure. He thought that some of the i.ubsequent clauses, and especially that which made it penal to palm off a bad title, would he of great benefit to the commutkity. - • Lord REDESDALg was prepared to support the clauses of hie noble friend, in order that they might be referred to the select cvmrnittee. Lord ST. LEONARDSwanted their lordships to affirm the principle i f sltering the time of the limitation ; after that he should be quite willing to refer the amount of the alteration to the select committee. The Earl of DERBY said the question appeared rather to be at what point the period of the limitation should commence ; and with the greatest deference to his noble and learned friend, he should say that the starting point ought in jus - ice to be the period at which the ri , ht of the successor accrued. He should, there fore, be very reluctantly compelled to vote against his noble friend's clause. A division was then called ; but Lord St. Leonardo consented to strike out the clause. The twelve clauces f , lowing were also omitted. LAW OF PROPERTY AMENDMENT BILL. On the cootkn of L rd ST. LEONABDS the order for the committal of this b:11 was discharged. Their lordships rose at a quarter before seven. OUSE OF CONIMONS. —(_ESTEADAY.) The SPEAKER took the chair at 4 o'clock. NEW MEMBERS. The Right Hon. STUART WORTLEY took the oaths and iiis.seat for Buteshire. PRIVATE BUSINESS. The following bills were read a third time and passed : —Dundalk and Enniskillen Railway, Midland Great Western Railway of Ireland. The Middlesborough Water Bill was read a second time. THE GOVERNMENT OF INDIA. Mr. TURNER presented the petition agreed to by the Manchester Chamber of Commerce relative to the two India Bill.' now before Parliament. TELEGRAPHIC COMMUNICATION BETWEEN CORFU AND ALEXANDRIA. Mr. CRAWFORD gave notice that he should to morrow put a q . iestion to the Chancellor of the Ex chequer with reference to the estabiiAment of telegra phic communication between Corfu and Alexandria. (Rear, bear.) THE WESTERN BANK OF SCOTLAND. Mr. BRADY gave notice that on Friday text he should clll the attention of the house to the circum stances connected with the failure of the Western Bank of Scotland. THE CA.GLIART. Mr. HEADLAM askel the Chancellor of the Ex chequer when the opinion of the law officers cf the Crown relative to the Cagliari would be laid before the houoe ? The CHANCELLOR of the EXCHEQUER said that, in con,equeace of the receipt of very important papers on Saturday in reference to the question, he way unable then to give the information required. The papers bad been submitted to the law officers of the Crown, and be hoped to be able in a day or two to give the requi•ite information. THE FINANCIAL STATEMENT. the Chancellor of the Exchequer, before the Easter re cess, asked for leave to introduce a bill to provide for the future government of India, by transferring the go vernment to her Majesty. At that time I did not thick it would be respectful to the right hon. gentleman, to the government, or to the house, for me to state any very decided opinion on the bill. It has since been publicly canvassed, and a great many objections made to it. (Rear.) These objections are very generally felt, and I confess they appear to me to be sound, and I t!.inlo that the opinion expresee i by the hon. member for Rrneing barn (Mr. Bright) when the bill was introduced, was founded on substantial reason. I cannot but conceive, sir, that if this bill is now to be brought forward for a second reading, if all these objections are to be met, and if every portion of the measu re i s t o b e s ift e i, it w ill g i ve rise to a most ex t ens i ve di scuss i on , an d a di scuss i on which must be affected by party feelings most injurious to the settlement of the question. Sir, a most consider able question in itself is the question of the government of India ; it is one not only of the deepest interest, but it is one in which we tread on ashes which hardly cover smouldering fire. This being so, I think it most desirable that there should be some mode adopted by which the house might arrive at a conclusion as to its opinion on the future government of India, without a debate of the character to which I have just referred, and without discussing the parts of the measure which are likely to meet with objection. Sir, on referring to what took pace on former occasions I find that the first great change since 1784 was that of 1813, by which the East India Company was deprived of its monopoly, and a sys tem of monopoly and restriction changed into one of free trade. On that occasion Lord Castlereagh introduced into this house, in committee of the whole house, a smite of re solutions on which a bill was to be founded. Lord Liver pool, in the other house stated such a course had this ad vantage that all the main principles could be placed under separate heads, and these heads fully and completely discussed, the resolutions would then be submitted to the ' House of Lords, and after the two houses had agreed to s a id b e i r l a l b w le on d l i d sc b u e ss i i u o t n rod a u t ee t d h . e t T im n e is , course the ig en i e n r v a o l p v ed r n c a i p c ! e o s n , but after the resolutions were once agreed to there was very little discussion on the bill, and it passed that ses sion. Now, sir, there are three ways in which people view this question. Some wish to reconstitute under another name the East India Directorate, and would give the power of initiating to another body—they would change the name but retain the substance ; another plan is that on which was founded the pi inciple of the bill introduced by my noble friend the late head of the Go vernment, viz., a minister of the crown with a coencil ; a third plan is that brought before the house to-night by the petition from Manchester, that there should be a secretary of state with subordinate officers, similar to the other secretaries. Ido not now wish to discuss the merits of any one of these plans ; but I do think that if a few resolutions were discussed in a committee of the whole house we should be enabled to ascertain the opi nion of the house, whether it would wish to retain in fact or in name the Emit India Company ; whether it would wish to have a council, and if a council, how far it was to be independent and bow nominated ; or a secre tary of state without any council. There are some other points, but not many of great importance, whether the government in India itself is to be left in nearly the same state. It seems to me it would be most convenient it the government thinks that such a course should he adopted. It may lead to some loss of time at first, but it will be a gain of time in the end if we consider those re silutions. if the government do not think fit to adopt this course, I know it would be very presumptuous in any individual member of Parliament to propose resolu tions ; but at the same time I feel so strongly the incon venience which must ensue from discussing toe most im portant alterations in committee on the bill, I cannot but state that it appears to me the only way to evade this evil and obtain a discussion in the house free from party feelings, would be to pace before the house, in the form of resolution'', the chief points to be decided. I must say we would be placed in great difficulty in dis cussing in committee points el substantial importance, mixed op with points of inferior and subordinate import ance, and with the particular wording of every clause which was intended to carry the law into effect. Ido not know what the G ivernnient may think of this sug gestion, but I could not forbear from suggesting this c surse to . the house ; it appeared to me so loug ago as last December that this was the course which ought to be adopted. Neither of the plans which have been pro posed may be acceptable to the house without alteration, and I therefore venture to make this suggestion. The CHANCELLOR of the EXCHEQUER—Sir, the preposition which the noble lord has just made, it must be obvious to every hon. meraber, is one which would afford a most convenient mode of dealing with the question of the Government of India. A different I course has been adopted by the Administration, but I am quite ready to admit that the course now suggested is better adapted for the convenient discussion of this great measure. (Hear, bear.) I am also, sir, free to admit that during the recess her Majesty's Government have had this subject under their consideration, and were not insensible to the convenience of such a course. The house will, however, rscillect that in the first at tempt at legislation on this subject, the noble lord the member for Tiverton proceeded by way of bill ; that course was sanctioned by the house so far as psrmitting the bill to be introduced. There was a general feeling in the house that no unnecessary delay should take place on the subject of legislation f it ludia. The pre sent administration adopted the same course, and • brought in a bill. The two bills are now in precisely the same situation in the house. The principle of neither has been adopted, but permission has been granted for their introduction, and both have been read a first time. No doubt, sir, if we had originally pro ce:ded by resolution, the discussion would have been attended with much advantage, the task of tegis'ation would have been facilitated, and there would have been no great delay in the long run ; at pre,ent it is im possible not to be sensible that we have a pro spect of a lenethened and animated discussion, if not of a party struggle, arid not that prospect which the coun try would look to for a satisfactory settlement of the question. I should certainly have felt great difficulty, after having myself proposed the bill, in asking the house to consider these resolutions, but as the noble lord has , raised the question, I shall not shrink from the task ; at the name time, as the noble lord has introduced this mat ter, I am sure every gentleman must f , el that the reso lutions could not be in better hands than his. It the house, therefore, should consider it expedient that this course shall be adopted, instead of coming to a single vote and idiscussion on so many and such various (peed, ng, we shall have an opportunity of proceeding by resolution in a committee .f the whole house, and obtaining their opi nione after full discussion. On the part of the Govern ment there will be no objection to such a course. Tt e house will feel that if we are to adopt this course, there should be no unnecessary delay in doing so. The two bills are now in precisely the same state; but if we are to decide in a committee of the whole house what are to be the principles on which the future government cf India is to bo framed, we should proceed without any unnecessary delay to discuss them, whether the task a introducing them falls to me (it it does I will not shrink from the tact) or whether they are to be prop , sed by the noble lord isho has suggested this course. No one possesses more authority in this house than the noble lard ; no one has earned it by greater efforts, or more richly deserved it. I must say, it would be most agree able to myself that the nob'e lard should propose these resolutions—(a laugh)--but I do not shrink from the re sponsibility of doing so. (Hear, hear ) On one peint we are all agreed • that there should be no unnece:sary de lay—and that the earliest day consistent with the pub lic service should be fixed for the diactmian. If the noble lord consents to propose these resolutions, it will be our duty to facilitate him in bringing them forward. It is of the greatest importance that the financial statement should be made as soon as possible ; I have fixed it for this day week ; but if the Friday after, or that day week, will be convenient for the noble lord, I have no objection. I trust, however, he will allow the house to see the resolution before that. Sir, I shall look with interest to the discussion. I believe the course recommended by the not le lord is one which will conduce to the public interest. (Hear.) We shall have an opportunity of giving a tor mai ai.d mature opi nion on many points with regard to which I cannot but feel there is a great misconception in the puulic mind as to the effect of the proposal made by the present Go vernment. It is ino a desirable that we eheuld have an ample and complete discussion on all the points involved in the transfer of the government of India from the com pany to her Majedy, as to the character of the officer at home to be entrusted with that office, as to the question whether there should be a council or net, or if there is a council what ale to be its materials, wt ether it is to be partly elective, what is the mode of procedure it should a.i.opt. If we adopt the course suggested by the noble lord, not only will the great questi , m of the government of India be amply and completely discussed in this house, with all the advantage to be derived from the knowledge and experience which many of our members possess, but it will be discussed in a spirit totally devoid of any party feeling, and we shall arrive at a conclusion which will be satisfanory to the country, and which will tend to promote the safety, honour, and welfare of our sove reign and her dominions. Lord J. RUSSELL—I should explain that when I stated teat I should be ready, although it might be con sidered great presumption, to propose a resolution of this subject, it was on the supposition that the Government might altogether decline to take that course ; but now that the right hon. gentleman has said that he does not shrink from it, I must say that it is a question which be -1 ings properly to the Government. (Hear, hear, from the opposition.) Sir C. WOOD said he was very glad to hear the last few words of his noble friend, having risen at the same time as his noble friend to express his utter astonish ment that, however able his noble friend might Is, or however competent he might be, to deal with any question which might be brought before tt.e house, a question of that kind should he cuff. red to fall into the hands of a private member-- (Opposition cheers) —at d net lbe brought f irward on the authority and re-ponsibility of Government (Cheers.) He did not concur in the notion which had been prevalent of late, that the Governnont of the day should be called upon to undertake legislation upon all kinds of petty and minor nut jests ; but every one must admit that questions of primary importance ought to be dealt with by Government, and never had there been a question of greater impoitance than that which related to the future administretion of It dia. He was surprised that upon such a question the Cl ancelle.r of dee Exchequer could have even indicated tee poesitns lity of the Government abdicatiug its functious. teb ro " d 'L? He had endeavoured at all times to avoid Indian t la i n topics, tion of party questions in connection and wishing to pursue the same courseihis opinion of with h on the present occasion—lie would net yet even intimate the bill proposed by the Government; but he must hay— The CHANCELLOR of the EXCHEQU ER said it- 1 was of the utmost importance that no unnecessary delay should take place in making the financial sta t emen t. (Heal', hear.) At Pi cent the only votes taken were on account, and he was afraid votesoa account io supply were hardly sufficient for going into a committee of ways and means. If his right hon. friend made progress to-night and Friday with re gard to the great . services he s h ou ld propose to ma ke the finan c " l , s t atement on this day week. He had fixed tne second reading of the East India Government Bill for Monday ntxt, but if he made the financial statement on that day be should take care to provide for the second reading of the East India Bill on the earliest day possible. (Rear, hear.) _ _ BANDS OF REGIMENTS. Mr. LAURIE asked the Secretary for War whether some arrangements might not be made to relieve officers of the army from the expense c f maintaining the bands of their several regiment'? General PEEL said he intended to bring the subject under the consideration of the Government. He con sidered it a grievance that regimental officers should be taxed for maintaining those bands. His Royal High ness the commander-in chief was ai.:%ions to reduce regi mentaland he (Uem. Peel) should be officers' expens ep, happy to assist him. (Hear, hear.) SCOT risll uNivEßsiry REFORM. Colonel SYKES asked the Lord Advocate when the Report of the Committee on the Aberdeen Universi. ties would be laid upon the table of the house ; whether he had a bill upon the subject in preparation ; and whe ther he intended to bring in any general measure on the subject of Scottish University Reform The LORD-ADVOCATE said be was engaged in preparing a measure relative to S cott i s h U n i vers i ty Reform. The report of the committee on the Aberdeen University Bill had not been received. OF INDIA. THE GOVERNMENT On bringing up the report of the committee of supply, Lord J. RUSSELL said—l rise, sir, with consi derable doubt and hesitation to address the house on a eubjt ot of the deepest interest. The right hon. gentleman - and be did not believe there were five gentlemen in the waste of time. The house woeld have to go thers..ice over house who differed from him on that print—that this the same matter, the decision of each case depending was a question which could only be brought forward by up , n the accidental presence of members at t he time of Government, and if they were willing to abdicate their the discussion. Not only would it be a loss of time, but functions as a Government the house ve old not permit it would not follow •necessarily that the details' affirmed them so to do. (Opposition cheers.) He could not see in the resolutions would afterwards, when they *stole to any advantage in proceeding by way of resolution. His be shaped into clauses in the bill, equally meet with the noble friend (Lord J. Russell) had quoted the precedent approbation of the house. (Hear, heir.) Sir, I resselly of 1813. He (Sir C. Wood) did not think it applied to think that, in deference to the ordinary course of pro the present case. In 1813 there were a great many ques- ceeding and rules of the house, and with a view to -the tione raised which bad long since been put to sleep, and convenience ~ f Parliament, as the house has before it ' which were cf a very difficult nature —question s which two bills containing all the details which those who pro referred to trade and navigation, and which roust neces- posed them thought adapted to the case, we should pro fierily have come before a committee of the whole house. ceed to the discussion of the bills so framed. If we went On that occasion, it his memory were correct, Lord Care into a committee of the a hole house we should have to tlereagh moved 14 resolutions. One resolution referred discuss each clause in the form of a resolution, and it ito the government of India, another to the trade with appears to me that at the same time that we should ' be India, athird to trade with China, a fourth to the powers establishing en inconvenient precedent, it would be a of the Governor. General in Council. In fact, there were mere waste of time to pets resolutions which somebody 14 different subjects comprised in . the 14 resolutions. scenic; afterwards have to shape in such a way that they That was not the case now. None of these questions could pass. of trade and navigation were now before the house Tee CHANCELLOR cf the EXCHEQUER—Sir, nor was it proposed to bring them before the house let me say, in explanation, that the right hon. g• ntle , either in the bill of tb e l a te or in th a t of the present Go- man the membe r for Halifax certainly misunderstood the vernment (Hear.) Still more, as it seemed to him, did expressions which I used, if he supposed that there was the present case differ from that of 1813, much of the any wish on my part to abdicate the functions of the matter that entered into the bill of that year being government either on this or on any other subject. But omitted in the bills now before the house. The oily I baying been the organ cf the government in intro topic to be considered at present was the home govern- ‘ (lacing a hill re'ating to the governmect of India, and ment of India, in what manner that government should the nob(- lord (Lord John Russell) having risen in his be constituted, and upon that tutisct there seemed to place, and expressed his intention of proposing resole bim to be no practical difference of opinion. The main tions, I thought, and on reflection I cannot but feel that question raised was whether the government of India I was right, that I should have been guilty of the ut. should in future he exsrcised in the name of the Queen, meet arrogance if I bad not at once said what I did. and upon that print they were all agreed. The late I think that had I taken any other course I should have Government was supported in its proposition to that acted in a manner which would have been inconsistent effect by a large majority, and the present Government with the forms of the house, and indeed with the con had made a s i m il ar proposal. He did, not, therefore, duct of a gentleman. At prevent I can only say that see how legi s l a ti o n could be advanced by proceeding be I undertake tbe responsibility which is thrown on the way of res o l u ti on. U n l es s the Government had changed government, I will place the resolutions on the table their minds as to the best mode of forming a gevernnirnt of the house early enough to give the house ample time ' for India —unless they now thought that the proposal to censider them before it proceeds to the discussion, which they had made was not a good one and ought to and I propose that this day fortnight those resolutions be abandoned, he did not see how they could propose should be moved herrn this table. resolutions upon which to found a bill. Such a course Mr. BOUVERIE said he really thought the bense would be a mere waste of time, unless the Government and the country should understand what had become of had changed their minds and wished for a decent excuse the government bill. (Opposition cheers.) Was there to for withdrawing their bill. (Cheers ) be a third India B it, and was it to be different from or Mr. ELLICE, sea., consid ere d it was th e duty of the similar to the second bill ! The right Lon. gentleman Executive Government to bring forward resolutions as seemed very anxious to get rid of the Government bill proposed. He also considered legislating on this subject by a side wind, having jumped with the greatest glee at would rather be retarded than furthered by the course the proposition of the noble lord that they should pro proposed, ceed by resolution. He could not recollect an instance Mr. WALPOLE said be had risen in consequence cf intwhich any Government, whether weak or strong, had the observations of the right hon. gentlemen opposite proposed a bill having a particular object, and when thet (Sir C. Wood), seconded by those of the right hon. gen blt stood in the orders for discussion had 'laid ten the Cornett who had just sat down. He thought both those table resolutiong involving the same points. This ap ' right hon. gentlemen bad tnistaken the purport and in- peered to him a complete abdication of the functions of telethon of his right bon. friend's (the Chancellor of the the Government ; and whatever might be the opinion of Excliequeee) remarks intimating his willingness to ac- that house, the public at large would be utterly at a lees cede to the kindly proposal e f the noble lord (Lord J. to under aand the course pursued by tbe right bon. Russell). In point of fact his right hon. friend said die- gentleman. tinctly that he did not shrink from the responsibility, and Sir B. HALL said he wished, before the house pro he believed he did not intend to shrink from the respon- seeded with the discussion, to put a question to the right sibility—(Opposition cheers)—which properly belonged hon. gentleman the Chancellor of the Exchequer. It to the executive Government, of proposing to the house would be in the recollection of the house that the right arty measures which might be ceded for with reference hon. gentleman, on being asked by the noble lord the to as large and important a question as that of the go- member for the city of L rndon, before the recess, worn vernment of cur empire in India. What his right hoe. h e proposed to take the second reading of the India Bill, fiend did say was this, that the house was in possession first mentioned Friday, the 16th, whereupon the noble of two bills, one introduced by the late, and the other lord proposed that it should be taken on Monday, the by the present administration ; t ea t th e h ouse being in 19th, and the right hon. gentleman acquiesced. It was possession of those two bi;l', it would not become him, not f r him (Sir B. Hal') to inquire into the reasons as the organ cf the Government in that house, to aban- which induced the Government to postpone the conside don the proposition which he himself had made to the ration of their measure; but as the right hon. gentleman house, unless he found, agreeably to his own opinion, bad pat the question on an entirely different footing, and the house preferred, having regard to the discussion of stated that he intended to propose resolutions upon which the question, that they should go into a committee of the a measure would be founded far the future government whole house. Now, he quite agreed with his right hon. of India, he thought he had a fair right to ask, and the ' friend, that when it was intended to embrace in one house bad a right to know, whether the right hon. gen measure certain great and comprehensive principles, it tleraan intended to abandon the bill, or meant to proceed was advisable—and that was the ground taken by Lord to the second reading, or whether he intended to found Liverpool in 1818—that those priecit les should be can- on the resolutions some new measure for the government vassed, discussed, deliberated upon, and, if possible, de- of India ! (Hear.) tided upon in the first instance, so that when the house Mr. HORSNIAN said it was evident that the house came to deal we h th e mea s ure t h e ma i n principles would was in a great difficulty, and he feared this was only the have been settled. There was this advantage in that beginning of d;fficultiee, which would accumulate as mode of proceeding, that the house would under its f wine they proceeded with the consideration of the suitect. have an opportunity of ventilating the question in every (H ear. ) When they first beard of the disturbances in possible point of view, instead of discussing on the second India there were two feelings which succeeded each other reading a bill which might involve more principles than in the minds of the people of this country. The first one, and might be supported or opposed on more groun's testing was that the double government of India must be than one. He agreed with the right hon. gentleman got rid ef ; the second wa-, that it would not be easy to epporite (Sir C. Wood), that the precedent of 1813 was find a substitute for it. Now, two efforts had been founded partly on the notion that trade was involved. made to provide a substitute ; they had Wire them Looking to what fell from the noble lord opposite, he two bills emanating from the highest sources, and the thought the house ha i intimated unmistakeably by its only distinct impression made upon his mind was an cheers, that it thought some p r op o siti on s h ou ld be made impression of the it hermit difficulty of the question, which would enable them to discuss and decide upon and how much any measure must be dependent upon ' this important question with as little reference as peril- the forbeorance and the aid of Parliament and the ble to party— (hear) —but be was sure his right hon. country for a successful issue. They had been told by friend eid riot intend to convey that the Government his right hon. friend the member for Coventry (Ma wi.hed to abdicate th_ir functions—functions which they Edice) that the course recommended by the noble lord would endeavour to discharge with satisfaction to the the member fur London was unprecedented. Ile was house, with satisfaction to the Queen who bad called afraid that 'he whole course adopted in reference to this upon them to serve her, and with satisfaction to the su bj ec t was unprecedented. They celled theinselvesa prac• country whose welfare it was their desire to promote. field people, and yet they had in this instance departed Mr. MANGLES hoped the house would allow hen to from the invariable course of proceeding in such cases offer a very few observations with regard to an r xpres- a' the present. The role hitherto observed was, first to sion which fell from the Chancellor of the Exchequer. suppress the disturbances, Lest to ir:quire into the mires Tte right hon. gentleman said it was probable that Patty oft hem, and then, having a certained the causes, to pro spirit would prevail in the debates on this subject. Now ceed by legislation and other means to supply a remedy. he entreated the house, with all humility and deference, I n th e present case, instead of a 'opting . this business. but with the utmost earnestness which he was capable of, like course, recommended alike by unvarying precedent not to allow any such feeling to enter into the discussion and by common sense, they Lad Prot eded to frame it of that momentous question. The greatest authorities new government for an empire in whirs i their rule had on Indian subjects, amongst whom he might especialy yet to be re-established, and to take legislative precau mention his lamented friend the late Lord Metcalfe, had tions against the recurrence cf evils which they did not express. dit as their opinion that India would be placed yet even pretend to understand. (Hear.) There was in extreme jeopardy by the introduction of party spirit ano th er re spe c t in which the course pursued was without in legislation for her ; and he believed every man who precedent. Lie great change was proposed without any was acquainted with India would coiccide in that view. preliminary inquiry, a C'.1.1r3`3 for which, he restored to (Hear.) It wa- , of course not to be expected that the say,fthe oldest member of that house could not cite a pre tbe Court of Directors, representieg the East India cedeet. As regarded India, it was the maximum of Company, should acquiesce cheerfully in a mea-ure c h ang e with the minimum of notice or inquiry. Four which would abolish their functions, believing, as they years ago there was a very long inquiry with regard to did, that their administration of Indian affairs bad been the renewal of the East India Company's cbarter, and beneficent, honourable to themselves, a d aevaseirgeone what wes the result! Why, it was virtually the strongest to the country ; t.ut he wou'd ray for himse f and foe condemnation of tiee course now pursued. The wit nesse s the gentlemen with whom he was associated, that as consisted of the highest authorities in reference to Ind:a, soon as it sbouldbe determined by the will of Perlin- eve ry one of whom declared that the existing govern ment to place India under the direct administration of ment of India was the best that could be devised. The the Crown, they would, without any reference to Government of the day also coincided in that opinion, . party, give their best assistance in carrying out any and the corcurrence cf the house was recorded in the measure which that house might in its wisdom think statute book of the year. Thai, committee might have the best fitted for the government of the countrel been mistaken ; its report might bave been mere waste 1 1 (Cheers.) It bad always been the pride and the b, ast, paper, but merely for the sake of the house and fsr its of tha C ;eft of Directors that, whatever might be the consistency, it would have !been well to have adopted' individual sentiments of its members, as a body they had some pre'inainary i. quiry before proceeding. But as the no politics, as a body they had kept themselves free from house had determined that this was a proper time for any party associations. He was sure that would be the legislating, he should not have ventured to make them* case now, and ho earnestly entreated the house to act in observations but for the position in which this matter a similar spirit. In such a case as th,s, it would be an was now placed. There were two bias before them, and eternal disgrace to them to suffsr any party considers- they might vote for the second reading of both, for tbey tions to influence them with regard to any proposal were both founded on the same principle. Or th'y might which might be made, from whichever side of the house it might proceed. as a party vote, carry one against the other. Or they might permit the present government of India to go on Mr. AYRTON expressed his su r p r i se a t th e course about to be pursued. Having an o bj ec t ion t o th e bill, eitbout interruption. He agreed with his noble friend he had that evening given no ti ce o f a mo t ion, f or the ' (Lord Palmerston) that there were inconveniences in post poning a measure for one year. That inconvenience vrae, second reading that day six months, for which it was however, but the inconvenience of a year, whilst the ins set down fur second reading. It now appeared that the convenience arising from a faul4 or mistaken measure bill was to be withdrawn, and the house proceed on tie resolutions. He could not see the wisd o m of s uch a ,was an inconvenience which would last through all tune. F .elin, therefore, that neither bill was satisfactory and course, and he thought both bill s should b e di s po s ed of having tefore him a prospect a which he bolted with by the house on their merits. great dread— viz., that this measure should b e discussed Lord PALMERSTON—I entirely concur with my at a party question—be thought that the proposition of hon. friend the member for Guildford (Mr. Mangles), ' his neble friend the member for t he cit y of London tbat ! the house as to %she to be made a party question between the two sides of the then there should be a council , and as to what should be house. This i- far too important a matter to be made the 1 i ts const it u ti o n, was one which ought to receive the sup shuttlecock of pal ty—(hear, hear)—and I, for my part, port of the house. He tbought, indeed, that in a case of am perfectly prepared and desirous to discuss any ar- so much difficulty and of se great an importance, that rangement whatever that may be submitted to the consi- the house was under an obligation to his noble friend deration of this hon-e upon its own merits, and with a (Lord J. Russell) for the suggestion which he bad made. due regard to the national Importance of the subject. Sir B. HALL hoped that the right hon. gentleman (Hear, hear.) Sir, lam so deeply impressed with the ins- (the Chancellor of the Exchequer) would answer his portanoe of the arrangements you are going to establish question—was it his intention to proceed with or to for the government of India that, although I think the abandon his bill upon this subject 1 government should be transferred from the East India The CHANCELLOR of the EXCHEQUER—I have C rmpany to the Crown, still I should prefer things being already trespassed on the attention of the house but with left as they are to the passing of a bill which would be its permission—(h.ar, hear)—l will reply to the question objectionable in its provisions, because we know the ut- of the hon. baronet. It is my intention at present, as I most inconvenience which can arise from deferring legit- think it is the gent ral wish of tbe house that I should lotion to another year, while wecannot equally anticipate dose, to prop ise these resolutions. (Hear.) I shall pro the evils a Mal rosy result from a bad organisation of the pose them on this day fortnight. It certainly never en future eovernment of India. (hear, Lear.) I shsll not now feted into my imagination to give up the bill I had the express the opinion which I entertain with regard to the honour of introducing. I have a lively conv i c tion that r s bill which the present Government propose. But with the resu l t o f di scuss i ng th ese resolu'io will be to e ffect h respect to the preference which it is said should be given such a chanee in the general view of the house that t he to the mode of proceeding by resolution, I would beg to bill which t had the honour of intrcducing, and which ese submit to the consideration of the house that that mode of by the proceeding is inapplicable t ) the present state of things, resolutions, will in its general scope be adopted will remain upon the paper until we have decided h and would be a departure from the ordinary practice of this house. There are certain matters, with regard to trade thel ultimately and so on, in reference to which the rules of the house those resolutions will bring to light, will be require tbat before a bill is introduced the house should united twuse e a : p d e ' r i modifiedence ot tli n e o House do abt which i a samel degree discussion come the law of this country. agree, by resolutions adopted in a committee of the whole The sulsject then dropped, house, to the fundamental principles on which the mittee was agreed to. e e a r r e'port of the mem proposed measure should rest. But those rules are SUPPLY- THE- ARMY AN AVY ESTIMATES. limited to a certain description of eut e jectr, and I appre- On the motion for going Nath inittee of supply, bend that the subject of the government of India, as ibis and navy, which now presented to us, does not fall within the scope of those rule., and that, consequently, we are not obliged were several millions hea It t 13 Mr. WILLIAMS took that opportunity of calling atten. • m r e a f t e t r e i t i e e a g n t d h t e o e d e e ti v in i s e a t e a e r v it was the duty of the House of to pay any regard to the regulations under which this submitted to that 0 e to ul a ed s Y e: house proceeds by resolution in preference to a bill. If tion to the present estirnat?sinrt.°T.aaDntind:any which had yet been that were the case, the last Government and the present This could .rj.t To show the extravagant amount to which grown. he would call the attention of one would have committed a violation of the rules atcl , lea come:A.B had orders of the house • and as the course adopted by both to wouldgs of former governments in this par- Commons to llookbeihndteo:teehbisy He go back to the time when the house was administrations has been eacctioncel and not found fault t t h h e e e b:o st r u i s n e with, I may venture to conclude that there is no Parlia uinreformed, when ht e ; l er e as said i to be a parliament of i !, t Lt r e w v a e r n d. t then wished ouch es estimates a a t i . ) r e s montary necessity for proceeding in this caee by retold - e o roughr gel', and tion. Well, then, if the arrangement were eupe e o: rae ,_ these d not been brought centain some principle so important that it was d "r e u nderstood a that he did not cast the blame upon the present that it should be discussed by itself in a committee ewhich 'if; chiefly rested. It A e t •a t s h u e p s o a n m i e ts ti predecessors t n h t a A t t d h m e in cb i e a t r r g a e . the whole house, that principle must be th e e o tie, oath _,_, eeY tion ought not to shelter itself too much upon the plea of the foundation of both the bills befer vnent of India what it found done by those who preceded it in office, but that of the transference of the goo°yerthe responsible i should endeavour to avoid the course which they had from the East India Company ivet principle is, marked out. In referring to former times he would cons advisers of the crown. by the house mence with the Government of th e D u k e o f W e lli ngton I apprehend admitted, D nutonly hear)—iscd I apprehend it before the reform of Parliament. 11 e f oun d th at t h e army but by the country—(hea r ' from t he progress which we and navy estimates of that day were less than the present would be entirely goirg a by the sum of 6,e50,0001. In the last year of the existence in n „, tv bsc discuss the question whether Well, r. should not be trans- of the unreformed house, under the Government of Earl have made to beg w hould o then, if the • • the government /Float. ) en, , Grey, the estimates were 7,000,000/, less than the present. ef In lees, under the Government of Lord Melbourne, the hewed to the crown. k India s ties in this house and by every per both w ho difference was 8,200,00 J. in favour of that Government. is admitted by has given any attention to the son in this country Mould remain as subject matter for reso- Sir .11 Peel and the Duke of Under the Government of . hect there 50 Wellington, the army and navy estimates were 8,630,0001. SU i ' t a ttoos not bes g bepresentay.Under e t the details of the bill. O n l y conce i ve less than those of the day. the Government . hat a n inconven i ent ent precedent it would be if it were of Lord J. Russell, in 1852, they were 5,5e0,(001. less, and w I' hed that when the _ overnment or a private mem- under that of the Earl of Aberdeen, the difference was • tab us from ber wished to introduce a bill, instead of the government 4,360,000/. He should like to have an explanation ne ___ . or the private member taking the trouble so to frame the some member of the late Administration as to the .f doors hill that it would contain all the regulations which were sity for this difference. c A e u t i e de: e prevat d traced to recent tror. thought expedient, the house should be called upon to i that es it was India.in come e t was, however, not the case. Not pass the future clauses of the bill in the embryo state of a penny had the Government been C b"g e ed ever to o e n x t- - resolutions, leaving it to somebody else afterwards to peed on that account--the company 41 , 4 . ed leer year, through y adapt those resolutions so that they would form clauses of l a y, and in fast a saving had e " b; r n r maintained ixt Ic dia. the bill, Why it would, in the first place, be a elites thenumber of soldiers who were e g This Day). Do. RAILWAYS. 1100 1 100 all 100 all 100 50 50 50 25 12i Bnckghamsh Clyd , sda ,, - :re ICol.Stonr Vy. !R.Lin. g. 6 p. , E. Un. H. Sh. Glas. Barr. & Neils. Direct. Do. Now Glstr.&Dn.Fr Hull & Selby Do. Shares Do. 1 Shares Lon. &Greenw Do. Preference Lon. Til., &S. Do. Bark. Sh. Manch.Baton. and Matlock Mdld. Bradfd. Newmarket BuryE.G.spc. N.6rEst.s p.c. Do. 6 per et Do. Fixed 5p . e Prest. & Wyre Do. Shrs. A Roystn. & Hit. Shrews.& Her S Staffordsh • "Yi'earVal.g6pc Do 100 54 Ln.&N. W. Oa I adon E. [3 . (St E. C Gt. Northn E. Count. Caldonian.l Do. ...... Gt.Westn V. & N.M Do S. Eastern Do Peto & Co Do Ln.dtN.W. l 41 Midld. E. Collat 'Do Do Do L. &N. WI Do Gt. Northn T. Brassey M. MClean Stk.&Dar Do Wilts&Somrst 1 Gt. Woman. 1 93 - 100 100 - 102 13 - 15 139 - 141 4 - 41 ••• - ••• 108 - 110 12i -13 i 24 -- 2o 94 -- 96 2a 21 91 96 P ' IP 57 9 - 138 8 - 1 10 - 101 ••• - ••• 32 - n 88 - 90 25 all BIyth P an R d E T F yn E e R I E O N p• CE SHIRES. St. 100 B e z:i P s rf. . 20 9 Do. 4 per c. Shares ... - - - St. 100 Caledn. £lO 41 p. C. 99 - 101 St. 100 Ches. & Ho. 51 p.c. ... - ... St. 100 Do. do. 5 per cent ... .- • e s,E ( x i s . s i d. p at . o . 50 3 / t ) ,4 . " - 96 941 61 all Cork &Bandonslp.c. ... - •.. 61 all Dun.Perth.&Aber.J. 6 - 61 St. WO E. Anglian Cls. A Sh. - -- St. 100 Do. do. Cis. B6p. c. 108 - 112 St. 100 Do. do. Cls. C7p. c. 105 - 110 St. 100 Eas.Co•Ex,sp.cNo.l 112 - 117 St. 100 Do. No. 2 ....... llO - 115 St. 100 Do. New 6 pr. c. St 127 - 132 1294 31 20 all East Un., G. 6p. c ... - ... 6 all Do. 51. , 0 per cent ... - ... 10 all Do. 101. Debentr.Sh ... - ... St. all Do. do. 4 per cent ... - ... St. 'OO East Lancash.6 p.cts ... - ... 5 all E.&W. York. J. sth , ... - W 9 Edin. & Gl. sp. c. Sh. ... -- ... St. 100 Ed.Prth.&Dun.4p.c. 72 - 74 72i St 100 Furness, sp. c - ••• St. 100 Gins. & 5.W.G.5 p.c - - ... St. 100 Great Northn. 5 p.c l l7 - 119 St. 100 Do. 5 p. c. Redeem at 10 p. c. prem llO - 112 St. 100 Do. 41 per cent .. .. 102 - 104 100 60 Do. 5 p.c., Red. 5 p. c. prem. - 64 10 all Gt.lsT .ofSeot.lst Pr( - 11 20 all Gt. S& W. (Ireland) ... - ... 20 all Do. 4 per c. Pref. St. .. - 50 IS Gt W.(B.&H.Ex.spe 5 t - i St. 100 Do. con. red. 41 p.c. 92 - 94 St. 100 IDo. ton. red. 4p. c. 87 - 8 t St. 100 Do. irred. 4 per ient. "87 - 89 St. 100 Do. sp. c. red. pref. 9.) - 101 8 all Do. Birm. Pref. Sh 94 - 10 10 all Do. Chester Sp. c. P. S l6 - 17 10 all Do. do. sp.c. do lO - 101 St. 100 Do. Birm. Gua. Stk 72 - 74 734 26i all Do. Chesh. Gua. Sh l9 - 20 13 3 / 4 all Do. do do 9l - 10 20 all Do. do. do l4 - 15 138 - 140 St. 100 Lan. & York. 6 pc. St St. 100 Lon.&B.G. 5 pc.No.I ... - ... St. 100 D0.,P., 5 p.c.St.No. 2 ... - ... St. 100 Do. New Guar. 6p.c. ... - •.. St. 100 Do, do. sp. c., N 0.4 ... - ... St. 100 Lon. &N. W., Coy. & Nuneaton sr. ct ... - ... St. 100 Lon. & S.W. 7 perct late 3d Shares .. - 1 65 121 all Londy.& Color, 6Sh ... - •.. 121 all Londy.&Ennis. ASh 1 - 2 St. 100 M., S.,&L. 6p. Cent ll9 - 121 6 41 Do. do. do. £6 .... - i St. 100 00. do. 31 per cont 65 - 63 121 all Marypt. :t Carl. 4 p.c ... - ... 121 all Do. 41 per cent ••• - ..• 12d 101 Do. do. St. 100 Mid. Consol. 6p.c. St ... - .. St. 100 Do.Con.Br.Bir.6 p.c 137 - 139 St. 100 Do. 41 p. c. Pref. St 99 - 101 St. 100 Do. L. &H. Pref. St 9O - 92 10 all New., Aber., &c., pr o .. p. c. red. 5 p.c. pm. ... - ... 10 all Do. Porpet. 6 pr. ct. 101 - 111 10 all Norfk.Deb.4p.c.Sh. ... - ... St. 100 Do. sp. c. Ext. 1846 ... - ..., St. 100 Do. 51 p.c. pf , 1847 ... - ... St. 100 Do.Wv.V.sp. ~1847 ... - • , St. 100 North British .. ..... - 109 7 34 Do. 71. Preference - ... St. 100 N.E. Berw. 4 p.c.Prf 95 - 97 17 81 Do. do. do ll - I d 20 13 Do. Leeds S pa. No. 1 ... - ... 121 9 Do. do. Qrs., 1848 . - 25 10 Do, Yorkli. &S. Pur 1 - par 20 all ' North Staffordshire 221 - 23 St. 100 1 10 x. , Wor. & Woly. 6 p.c., Ist guar ll6 - 120 St. 'lOO Do. 6p.c. 2d guar lO6 - 108 St. ;100 Do. do. Debeetr. St 99 - 101 Si t all Scot. Cent. New Pref .. - .. St. 'lOO Sc.N.E.Aber.g.6p.c llB - 120 St. 100 Do. do. 7 p.c. pf. St 125 - 127 St. 100 Do. d 0.31 p.c. pf. St 74 - 76 25 all South Devon lO - tut 10 all Do. fixed 41 pr cent ... - ... 1.0,6 all S. Eastern (Reading St. 100 100100 Do. 44 p .. Fi.e y 4 c i e p n . t c.Sh lOOl - - 102 192 Ann.) of £1 Os. 6d 24 - 241 St. St. 100 Do. New 41 pr. cent ... - ... St. 100 S. Wales Gua. 4p. c. - St. 100 Do. do. 41 p. a lOO - 103 1021 20 all S.Yorksh.4p.c.Guar . . - 25 all IStock. &Dar., sp. c 2 7. - 2ti i 25 19 Do do. do. St. 100 Waterfd&Kilk. 6pc 46 • 51 1.0.6 1 St. St. St. BRITISH MINES. • 21 12 Alfred Cons. (Philk. British Iron Condurow (Cambrn.)l Dev. Gt. Cnsls. (Tay. ), Est Basset (Iltogany Great South Tolgus rt. W. Alfrd.(Philk.) Grt.W. Vor (Helstn.) Lady Bertha N. Frances (Mogan) N.W. Basset (Mogan) North Wheal Crofty Par. Cons. (St. Blaxy) Porkellis U. (Wend.) Sort. Cons. Min. Co. S. Caradon (St. Clear) S. Cam Brea (Illogn.) S.W. Frances(lllogn.) Tam. S. & L. Min. Co Tin Croft Un.Minee (Gwennap) V. of Towoy (Camar.) W. Basset (Illogan) W. Caradon (Liskrd.) Wh. Basset (Illogan),I Wh. Buller (Rdruth). Wh. Edward(Calstck) Wh. Kitty (U. Llant) Wh. Ma. Ann (Menht. Wh. Trelawney (Lis.) 6115 9 Gs. 42sC U 7e 1 * ' 108. 27 I 9i - 104 80 - `. l O 460 - 480 t-0 - 100 14i - 151 5 - ll -- 2 I I 7, 3 / 4 - 8 i 12 - 14 4 - 5 1 17 - 18 it - ii 375 - 399 - 2:0 - 20 - - - 4 ...li l'i 23 24 10) 110 1210 220 i 280 - 300 $ 6 :i 1 11. 12 1 43 45 1 24 16 ttLI.N d . 11 P li 2 124 -13 i 39 41 13 15 I id j id pmt 17 L 9 9 - - Pi ;i 2 d par d N., - 6i 2 - 2i 3i - 4 MISCELLANEOUS. 1000 900 Atlantic Tel. (Lim.) . . 25 19 Australian Agricult. 2 7 1 i 9 271 181 10 all Australn, Royal Mail 1/ 11 10 all Berlin Water Works 31 4 10 2 ;Do. New iss. at 5/. d 50 40 (Brit. American Land 100 321 Canada 135 145 St. 100 •Do.Go.6pc.Jan&July 113 114 113/ / St. all Copper Min. of Eng. 25 30 25 all I Do. Pref. 7§ p. cent. 26 28 5 all Crystal Palace ll 11 1 5 all Do. Preference 4 all Crystal Pal, of France 20 all lEastern Steam 43— 5 5 St. 100 l ElectrieTelegraph 1 all Electric Tel. of Irel 5 all lEn.dtAust.Cop.SmCo 11 l 11 10 10s. Eur. & Ind.Jetn. Tel. • • 9 all Eur./cAm.Stm.(lins.) 4 41 . 20 all Gen. Ir. Sc. Col.(lim.) ••• 15 14 !Gen. Steam Navigat. •• • 20 5 L on don Discount 11 d 4 all Loud. Gen. Omnibus 31 31 20 10 Magdalena St. Navig. 10 all ,Mediteran. Elec. Tel. 7 10 all I D°. Extension Tcleg. ••• 10 all Mexican& S.Amerien , • 25 5 Nat. Discount Co 1 I 10 6 (Netherlands Laud 1 j 4 10 all .Do. Do. 5 all ID o. p. c. Pf. iss. at Id. 1 -- 5 3 'Do. Do, 100 80 .New H. &N. S. Land 16 .._ 20 St. 100 N.S.W. Gov.s p.c.D. 97 93 97/ 7 1 1 all N. B. Australasian... 20 all Nrth.ofEuropeSteam 2 3 1 all Oriental Gas 10s. Do New Shares Ad in 5 all Peelltr. Ld. (St Minrl 2 21 50 ; all Peninsular & Oriental 78 80 50 10 Do. Now 6 h 50 all Rhymney Iron 21 23 100 60 Royal Mail Steam 62 64 1 all Scot. Austral. Invest la 11 St. 100 S.Aus. Gov.6p.e.bds lO6 108 25 all south Austral. Land • 1 all Submarine Tel. Scrip I 1 1 all Do. Registered 20 5 Trus.Ln.Co. Cp. Can, - 100 281, VAR WAWA UM l2 -- 14 , FOREIGN ;Australian Bon Accord Cop. (li. ) Brazilian linp.(issue I at £5 pm) Do. Cocaos do Cuiada Do. St. John Del Roy Clarendon Con. Min. Co. of Jamaica Cobre Copper Copiapo Dun IttuuntAin Cop- per Mining Co Fortuna General Linares Lusitanian Mariquita Now Granada Novean Monde Pont.Sil.LdM.&Smlt Port Philip Santiago de Cuba United Mexican et, a y de treet. and ronld C. j guish aced, •eyor, ) pre ►t the 'ay)• ester- raving thing e pri dawn n led atom , and In in slipg The rye , ed to table oha gave empt lice '' ance. :used goner could mis must little ,and Hue Mr. prc , and eeee %t on Came No. the and red FOO lot. eat MIL I