The Sun. — London, England, 1869-10-27 00:00:00

SPIRIT OP THE PUBLIC JOURNALS The recurrence of Cabinet Councils at this time of the year, says the Times, is a phenomenon which has generally been understood to portend an autumn session. In the present instance it indicates no more than a just foresight A the difficulties involved in the fulfilment of so many promises for the session of next year. Mr. Bruce alone has undertaken to deal with more questions than would occupy the whole of it. Education, in various forms, will assuredly claim a large share of time and labour, while all the bills and motions with drawn by private members in deference to the paramount exigencies of the Irish Church will struggle for precedence in the notice-book. It is no secret, how ever, that at present the attention of Mr. Gladstone and his colleagues is concentrated on the one subject of Irish land tenure. We may even doubt whether three months ago the Government had any definite policy on the Irish land question, but this interval has gone far to form public opinion upon it, and to bring it within the limits of practicable settlement. By this time it may be assumed that most Cabinet Ministers have matured their views, at least so far as principles arc concerned, and arc prepared to discuss the eutlincs of the future Land Dill. Without pre tending to lift the mysterious veil which shrouds all Cabi net deliberations, we should not despair of forecasting the probable direction of their policy on Irish land tenure. rnroulh all the mist and confusion of details one result comes cut into the clearest relief, and that is, that what the Irish farmer wants, above all, is security of tenure. The problem being from which side the settlement of Irish Land Tenure ought to be approached, we say, without hesi Cation, that it ought to be approached from the side of Ulster tenant-right. To legalise Ulster tenant-right pur et simple, and extend it to all Ireland, would be at once an heroic and an inadequate remedy, nor must we be:under stood to advocate it for a moment. We do advocate, how ever, a careful study of those deeply-rdbted usages exem plified by Ulster tenant-right, with a view of founding a new code of Irish agrarian law on the ancient structure of Irish agrarian custom. The Daily News thinks it is easy to understand the mor tification with which some Conservatives look back upon the history of their party since Sir Robert Peel ceased to lead it. There is something ostensibly respectable in the self-denying ordinance which the Quarterly Review urges on them. tt advises them to abandon all idea of office, and to devote themselves to tho task of steady and organised opposition. At present it does not require much virtue in Conservatives to surrender the hope of place, especially that section of them which is in irreconcilable variance with Mr. Disraeli and the members of his late Administration. The chances of a Conservative Government are very ; and if such a portent were to come about, Lord Yisbury, the irreconcilable,would be constrained to stand '.oof. But these considerations do not affect the intrinsic t .uality of the advice given by the quarterly organ of the 4.lisaffected Tories. The success of Sir Robert Peel's leader- Oip and the failure of Lord Derby's shew where the error of Tory tactics during the last twenty years has lain Lord Derby's fault was not in yielding too soon, but in not yielding soon enough. The tendencies and forces of the time took him by surprise. Sir Robert Peel watched them, and was prepared for them, and met them by timely concessions. Tories of Lord Salisbury's school propose to stereotype and perpetuate that attitude of undue resistance which was Lord Derby's chief blunder, and to eschew more than he did that rational foresight and reasonable acquiescence which made Sir Robert Peel a really Conservative states man, the last of his order. Lord Stanley may possibly .cove his true successor. Lord Salisbury, unless rumour .s very much astray as to the authorship of the Quarterly manifesto, seems bent on chewing that his political wis dom is of the order of Lord Eldon and Mr. Percival, or of the Prince de Polignac. From such advisers a rational and patriotic Conservatism may pray to be de livered. When Mr. Stansfeld, upon the formation of the present Government, was created a Third and Extraordinary Lord of the Treasury, with a double and extraordinary salary, the Standard ventured to suggest that the Treasury had been reorganised in this expensive manner solely to fur nish a suitable place for a gentleman whom Mr. Gladstone could not decently or safely leave out of his Ministry. The organs of the Premier protested, with all that emphasis of which they have so abundant a stock, that no notion of the kind had anything to do with the appoint ment. The House of Commons, of course, sided with the Ministry, which, in its turn, its pur pose answered, explains how Mr. Ary ton is to le promoted to the Commissionership of Works and Mr. Stansfeld is to become Financial Secretary, and td do the work both of Financial Secretary and Third Lord Mr. Stansfeld is no doubt a man of a much higher order or ability than Mr. Ayrton, but no one will pretend that he has anything like the power of work in him of the member for the Tower Hamlets. Mr. Ayrton's strength is his close attention to his parliamentary duties, and his capacity for sitting out the longest days and nights, and retaining to the last moment—say to four a.m.—the same keenness ho ibewed sixteen hours before. If Mr. Stansfeld had really any work -to do as Third Lord of the Treasury he will be soon overwhelmed under the weight of the labours of Third Lord and Financial Secretary. But the truth is there was no other occasion for the creation of the office he now resigns, and which now ceases to exist, than the necessity of finding a place for him; and he will perform, we may safely assume, not only with ability but with sufficient attention, the conjoint labours he now undertakes. The Third Lordship of tho Treasury may be considered a thing of the past, and its creation will be remembered as one of the little jobs for which Radical Governments are famous. It will be remembered, too, as the shelving of one of the two men who have done that party most credit in a position really, although not nomi nally, the most subordinate, and practically of the most obscure, and, so far as political reputation goes, killing character. The Post declares that the Board of Trade is now under trial, and there can be little doubt of the verdict being that practically and to all intents and purposes the Board has grievously failed to afford that protection to the public which it had a right to expect. What, then, are the alters• tions in the system and the law that the public should take care are now carried out? First of all, open inquiries into railway accidents should be held, at which the railway servants and passengers would be obliged to appear and give evidence on oath. Next the Board of Trade Inspectors should be required to make examinations of the lines and their modes of working before as well as after accidents. It is a disputed poin whether a regular system of Government inspection of the working of railways—without reference to the occurrence of acoidents and with the view to their prevention—would or not be beneficial to the public. Be this as it may, there could be no possible objection to the Inspectors of the Board of Trade reporting on all irregularities in the working of, 0 . the defects in, the regulations of the lines they might ha.pper to travel on in going to and returning from theii ordinary inspections. This new function might be added with good effect to the duties of these officers. Then arrangements should be made for the publication of the reports of the inspectors without the present unnecessary delay. Every inquest, too, should be attended by a Government inspector, whose powers and functions sbould be clearly defined. Finally, the Board of Trade should have some power of compelling attention to its warnings and instructions, for it is not convenient that a Government department should be set at defiance by private companies performing services for the public. " See how these Christians love one another !" It is impossible, remarks the Telegraph, to refrain from using the hackneyed exclamation in view of the remarkable correspondence which has been published by a contem porary on the subject of Dr. Temple. In a letter a column long, Dr. +Pusey brands the Bishop-Designate of Exeter a, a heretic and a betrayer of the Church. Then follows a letter from Dr. M‘Neile, the Dean of Ripon, echoing the charge that Dr. Temple is a heretic, but adding that Dr. Pusey is a heretic too ; cordially admit ting that Dr. Temple is dangerous to the Church but adding, that Dr. Pusey is ten times more dangerous. The Head Master of Rugby is a leper from head to foot ; and hence, as his sad condition is manifest to every eye, everybody can keep away from him. But Dr. Pusey is only spotted with leprosy; and, since the marks of the disease are hidden by his canonicals, unsus pecting people shake the great heretic by the hand, and thus are smitten by the leprosy of sacramentalism. Ir othar words, Dr. Temple is manifestly a wolf, while Dr Pusey is a wolf in sheep's clothing. Or, as the Dean of Ripon puts the fact, Dr. Temple is marked "Poison,' and Dr. Pusey, although poison also, is labelled "Syrup." With unfeigned admiration do we cite these tokens of the fact that Christians have not lost the art of invective. Only one thing is needed to rendez the manifestation of brotherly love complete, and that is a letter from . Mr. Maurice. Some years ago Mr. Maurice and Dr. Pusey had a theological controversy which the great Broad Church divine ended by telling the great High Church divine that, although members of the same Churct they worshipped different Gods. Were Mr. Maurice to give the same mes3age impartially to Dr. Pusay and Dr. M'Neile and were those two champions of rival theologies to return the complimc , ut, the picture of Christian harmony and poses woulil be complete. "See how these Christians love cnc,‘ another Tiv? IT-r ,, 1,1 observes that in the mi,ls:s of our spica:lid improvementA We must not forget the existence of those diAnal localitic.!s in which houses are ranged so close - some in the moat hideon in scarcely wall; neir e:;icl•l'li4, IL fowar,ls a fall tll , -t two per,MISS 111 tott , :ria; (litily :nrca then their is ;;Fo, inflnltely r;l.l , re f.:ifht'ful, any en( n!? who, nc.: thc nece43ar w y c.;ny of the police, ever visite'? them can testify. Nothing is known to them of drains of pavement: in the summer they tread dust and garbage; the winter, garbage and mud; all the year round the) breathe poison. No common wayfarer passes dowr those ways; they might as well be barred wit] iron at each end, like the old Ghettos of Europe Large or small, the tenements are inhabited b) misery, by crime, and by disease, engendering all three, ani possibly propagating them. But perhaps a new day if breaking, and, for the future, when we speak of " metropo. litan improvements" W geed *w 119piar mag 1442922 P4QuEL.. THE FINANCIAL . 5 SECRETA.RYSILIT OF TIIE TREASURY. The Third Lordship of the Treasury, which was created by the present Government to bring Mr. Stansfeld into office, has been abolished. It will be remembered that Mr. Lowe described the office as merely "tentative," and now that the right hon. member for Halifax has consented to undertake all the financial duties con nected with the Treasury, no successor will be appointed By Mr. Stansfeld's removal to Mr. Ayrton's late post, the country will save 41,000 a year. As the new Financial Secretary has held a position under the Crown, he will not vacate his seat. LORD DERBY'S FUNEI?AL. Lord Derby's funeral is fixed for Friday at twelve clock. Preparations were on Monday made for uncovering the new vault in Knowsley Church, which is about a mile and a half from the hall. In order to accommodate the ecrtCge, limited though it to it will be necessary to remove most cf the pews from the body of the church, so as to afford the spectators an opportunity of witnessing the interment. In the vil lages in the immediate neighbourhood of the park there will be an entire suspension of business on the day of the funeral. Yesterday's Liverpool -llercury says that the Countess of Derby is quite as well as can be expected. TRIAL OF "PROFESSOR" RISLEY. The trial of Richard (better known as "Professor") Risley took place at the Central Criminal Court on Tues day before the Common Serjeant. The indictment charged him on one count with attempting to unlawfully abduct; by a second with attempting to take out of the possession of her mother; by a third count with attempting to corrupt the morals of, and by a fourth and subsequent count with committing various assaults on Mary Ann Mason, a child under the age of 16 years. Mr. E. T. E. Besley prosecuted, and Sorjeant Parry, Mr. M. Williams, and Mr. D. Straight were counsel for the defendant. Mr. Besley, in opening the case, said the main question would be the taking the child out of the possession of her parents. The learnal counsel read the Act relating to such offences, and stated that the question as to the length of time the child was out of the possession of her parents had nothing to do with the question, which really was. Had " allurements " been used which determined the pos session ? It was not even necessary that the accused should have an immoral intention ; the mere taking out of the possession of the parents was an offence. It had been held by the highest authority that if a child was out on a lawful errand, she was still in- possession of the parents. The facts of the present case were exceedi:_gly simple. The prisoner had been going about with circuses from Australia to China and back again, and had recently come to this country with a troupe of Japanese artistes. He had adopted the high-sounding title of " professor;" but with what authority the learned counsel could not say. On the 17th of August the little girl was sent by her parents from her home at Fulham on an errand to a mar ried sister, who lived in Mornt-street, Grosvenor— square. Sho came by an omnibus, and was about returning home, and when at Regent-circus, looking out for a 'bus when she thought she would go and see t. Mrs. Chickley who lived in Greek-street, Soho. It was midday; but only one person, Mr. Hales, a gentleman connected with the Morning Star—observed what subse quently took place. The prisoner followed the girl and spoke to her when she was looking in at Stagg and Mantle's shop, in Leicester-square, and offered to take her to the theatre that evening, showed her a handsome ring and asked if she would like one. The little girl went away through Ryder-court into Hayes-court, and when in the latter place the accused took hold of her and tried to get her to go into a fruiterer's, and then a coffee-shop. He then bought some apples for her. The little girl went on to her friends in Greek-street, and arrived in a state of great trepidation, and was crying. Mr. Hales followed her into the house, and afterwards followed the accused, and saw him to speak to one girl of 14, and another of 7 years of age. Some women observed him accost the younger of these two, and threw some dirty water on him. He was complaining of this to a policemon whom Mr. Hales had just spoken to, and that functionary said that Risley must know the cause of the dirty water being thrown on him, and that Mr. Hales had a charge to make. The accused was asked for his card, and then said his name was Signor Ricardo, of the Surrey Theatre, and subsequently that he lived at 45, Surrey-street, Strand, though there are not that number of houses in the street; ultimately his name was obtained, and Mr. Hales with the child attended at Marlborough-street Police-court, where a warrant was taken out for the apprehensicn of Risley. lie was taken into custody at Nottingham Theatre. He then said that he was fond of children, and might have treated the girl in question in a fondling manner; so that, at all events, was an admission that he had touched the child. Mary Ann Mason, aged 12 years and 8 months, was examined by Mr. Begley, and fully bore out that gentle man's or ening speech. In cross-examination by Serjeant Parry, the prosecutor, failed to shake her evidence, except in one particular, which was where she said that she had been to see one sister when it was really the other that she had visited. Henry Hales, recently on the staff of the Morning Star, gave corroborative evidence. When the prisoner first spoke to the girl he took hold of her hand. He took her near Stagg and Mantle's, and pointed to a dress, and wit ness saw her shake her head, as was the case when the accused shewed her a ring. Elizabeth Chickley, who said her husband was a button stamper, stated that when the girl arrived at her house she was in a state of great excitement ; in fact, it was twenty minutes before the girl could give an intelligent account of what had happened. _ _ By Ferjeant Parry : The house she lived in was not a house of ill-fame. There was a rumour that a man had been robbed of £lO in a house near the one she lived in, but she did not believe that the one she lived in was the After some further evidence had ,en given, the jury re turned a verdict of Not Guilty, which was received with loud cheers. On Monday two women pleaded guilty at the Roch dale Police-court to robbing an Irish cattle dealer of upwards of £lOO. The man was enticed to a Lowe in a low neigh bourhood, was suddenly attacked by a number of men and women, and robbed of the amount stated above, and was then turned into the street nearly naked. The men have escaped, and the magistrates have committed the women for trial. On Monday afternoon a conference of theDiasentiog ministers of Cardiff was held at the Town Hall for the purpose of considering the religious and social condition of the town. The following resolution was passed:— " That this Conference having had under reviow the religions condition of a large number of the in habitants of this town, deeply deplores the sad state in which they are content to live and die, and would, with a view to meet the need of the case, press upon the Christian churches in the town the vast im portance of continuing in full vigour all their present re ligious organisations. They would suggest to the churches in Cardiff the desirability of adopting an extensive house to-house visitation, carried on by the volunteer members from each church." LONDON GAZETTE—Last Evening. FOREIGN OFFICE, OCT. 23. The Queen has been graciously pleased to appoint the Right Honourable Austen Henry Layard to be her Ma jesty's Envoy Extraordinary and Minister Plenipotentiary at Madrid. WHITEHALL, OCT. 26. The Queen has been graciously pleased, by Warrant under the Royal Sign Manual, to constitute and appoint Acton Sines Ayrton, Esq., to be First Commissioner of her Majesty's Works and Public Buildings, OCTOBER 25. The Queen has boen pleased to order a congd d'elire to the Dean and Chapter of the Cathedral Church of Exeter, empowering them to elect a Bishop of that See, the same bein void by the death of Henry Phillpotts, D.D., late Bishop thereof ; and hor Majesty has also been pleased to recommend to the said Dean and Chapter the Rev. Frederick Temple, D.D., to be by them elected Bishop of the said See. COURSE OF EXCHANGE. Amsterdam - Short ... 11 18 t, Do Rotterdam 12 l i 12 ... 2 0 ... 11 191 12 - . ... _ ... - 2 Antwerp ... 25 40 ... 25 45 Brussels 25 40 ... 25 45 llamburgh l3 11 ... 13 11} Paris Ditto } } I ..,, Marseilles 7... b 25 34 ... 25 37; Frankfort-on-the-Main, ... 1201 ... 121 Vienna Trieste — ... 12 57i ... 12 62} _ _ Petersburg Ocpenbagen. 9 20 ... 9 24 Berlin Madrid. 481 ... Cadiz Leghorn -48 j 4 * 26 47} 26 9 85 17j. Miran — „. 26 7`r _ ... 26 85 Gonoa — ... 26 77 .., 26 85 Naples ... 26 77 ... 26 85 . 77 Palermo — ... 26 77j ... 26 85 Messina . e . 26 77k ... 26 85 Tiacn 5l 0 - 51 Jporto — OS. •• • Rio Janeiro — ..• New York THE SUN, LONDON, WEDNESDAY EVENING, OCTOBER 27, 1860. METROPOLI7AN GOSSlP—Tuesday. The opposition to Dr. Temple has entirely collapsed. It is probable that another committee and president will be brought out, but the promoters of the movement have not the smallest expectation that they will be able to prevent the election. Dean Duncombe is one of the leading High Churchmen who have refused to join the association. Earl Nelson is so irritated by the, opposition to Dr. Temple that he has withdrawn from the Church Institution,which has lent its rooms to the agitators. Many other High Church clergy have declined to follow Dr. Pus ey's lead in this matter. The Dean of Exeter has not yet given any decisive reply, but has merely written vaguely, expressing regret at the appointment. He has refused to allow Bishop Trower's claims to vote as sub-dean at the election. It is not yet known for certain if the prebendaries will be allowed to vote. Should they not be, there will probably be an appeal to one of the Westminster Courts for a mandamus. A similar case has been tried lately. The prebendaries of St. Paul's claimed the right to vote at the election of proctors to Convocation. It was refused, but on an appeal the right was established. The publicans talk of getting up a memorial against the appointment, for the chair man of the Alliance meeting is in their bad books. The Queen is said to bo greatly irritated at the opposition which this appointment has created. It is even asserted in clerical circles that she used great pressure to obtain the appoint ment of Dr. Rowland Williams to Salisbury, but that Mr. Gladstone would not undertake the responsibility of such a selection. Mr. Ayrton is not likely to walk over the course at the Tower Hamlets. Mr. Coope, who spent £B,OOO at the last election, is resolved to come forward again. He does not expect to win on this occasion, but believes that he will be successful on the third time of asking. It is not likely that there will be opposition to Mr. Kirkman Hodgson at Southwark. This gentleman formerly represented Brid port,and was an unsuccessful candidate for Falmouth at the last_election. MISCELLANEOUS NEWS. not witnaraw nis essay non zne ceienratea DOOK when all chances of persecution were passed ; but that he should have allowed it to stand is hardly heretical : A combination in defence of any article of the faith is a ioblo thing; but to come together against a man for any thing short of heresy, immorality, or well-established icompetence is a hateful thing, because very like perse ;ution ; and it must not be forgotten that all who cannot lee the heretical teaching will assuredly believe that i t is mainly a feeling against one party in the Church which has caused for a time the proposed amalgamation of the other two. for nignt service, anct men (luring very stormy weather they receive £l, £2, and sometimes £5. each man. The scale of reward depends entirely on the amount of risk incurred and the exposure en dured. For services in saving life and for exer cising the lifeboats quarterly, the institution paid last year £0,573. The gratifying statement is also made that 12,000 persons are engaged in the work ; yet of this large number only one man lost his life within the last twenty months. THE EARL OF DERBY. The Earl of Derby was tho subject of many a sermon on Sunday. His supporters among the clergy eulogised him highly to their congregations. The councils— town and city—throughout the North are preparing to pass records of the high admiration with which they regarded the " distinguished statesman who has just passed away, and to make expression of participation in the sorrow felt by his lordship's bereaved family." Liverpool in this matter leads the van. Not only officially and by his own party is this sympathy shown, but his political opponents in Liver pool have deferred all meetings out of respect to his memory. THE CHANCELLORS= OF OXFORD UNIVERSITY. The Marquis of Salisbury is to have at least one portion of the garment which has fallen from Earl Derby's shoulders; there can be little doubt that he will be Chancellor of Oxford University. Mr. Glad stone's name has been mentioned, only that he might be declared impossible ; and neither Earl Stanhope nor Earl Carnarvon carries with him the weight of the great Conservative neer who opposes Mr. Disraeli's KING'S LYNN. Lord Claud John Hamilton, in his address to the electors of King's Lynn, expresses himself " wholly opposed to that policy of destruction which finds favour in certain influential quarters at the present moment, and which culminated last session in tho destruction of the Irish Church Establishment." The candidate for the seat left vacant by Lord Stanley's elevation hopes to be able to render good service in the debates on the land question which may be expected next session. With respect to edu cation, he holds that the present system is capable of improvement and extension, and will support any measure to that end. Noticing that last year the Hon. Robert Bourke, the other Conservative candi date with Lord Stanley, defeated Sir T. Fowell Buxton by only 1,125 votes against 1,012, the Daily Neics entertains a hope that there may be a close con test for the vacancy. THE LONDON BOROUGHS Nothing definite has yet transpired respecting the Liberal candidate for Southwark;, but divers names have been mentioned, and in particular a considerable section of the electors seem well disposed towards Mr. Kirkman Daniel Hodgson, who was defeated at Falmouth at the la s t genera l election. One voter writes :—" As a former member of Parliament, and Governor of the Bank of England, and as a partner in the house of Baring, so thorough a Liberal seems to present peculiar recom mendations to the Radical electors of the borough." In the Tower Hamlets, too, there may be a contest, for. Arr. Ayrton plust vacate his seat on taking the Chief Commissionership of Public Works, and the Conservatives hope that Mr. Coope may oppose him. On what grounds the latter base their hopes of success has yet to be seen, for at the last election Mr. Ayrton polled 9,839 votes against 7,440 accorded to Mr. Coope, although four candi dates laid claim to Liberal support. But then Mr. Coope enjoyed the luxury of spending much more money. His total disbursements were officially stated to have been £8,000; and it was currently reported at the time that he spent nearly £.20,000 to win the seat. Mr. Ayrton's expenses amounted to only 4500. Who knows what this display of liberality may effect ? Mr. Ayrton seeks re-election because the Secretaryship of the Treasury not being an appointment of the Crown, he did -"+ Vacate his seat on acceting the post. THE MEMBERS FOIL HACKNEY. Mr. Holms and Mr. C. Reed, the first representa tives of the new borough of Hackney, have rendered to the electors an account of their first ces non. There was nothing very noticeable in the review of either member, except that Mr. Holms ventured to express dissatisfaction with tho surplus—not the way in which it was obtained, but the way it was distributed. He held that more of the three millions ought to have gone to the people. This gentleman is a member of the Abyssinian Committee ; but though that committee has sat many times, Mr. Hoims is utterly unable to tone:live how the original estimate was allowed to reach such an enormous sum. On the subject of the land question Mr. Holms is jn tavour of compensation for improvements, but not fixity of tenure, which could not be practicable in a country where most of the holdings are very small. Ele would give leases for twenty-one years, and group (mall holdings, erecting the farm buildings in one place, so that several families might aid - each other. Ur. Reed endorses these views, but is opposed to compulsory education. Dn. TEMPLE. ---- The agitation against the Bishop Desi c anate of Exeter promise s t o di e out utterly unless Dr. rusey succeeds in galvanising it into life again. the Advertiser —th e great L ow Ch urc h cham pion amongst the daily papers—gives up the whole thing ; and soundly abuses the Dean and Chapter of Exeter for preventing the in auguration in their own persons of " another era of martyrs." Our contemporary looks about for a heresy by which to stigmatise Dr. Temple. Eureka ! Dr. Temple has preached that heathenism—though bad In itself —yet formed a part of the education of the world towards a higher life. The teaching of this " ficlion " "quite Unfits a man for the office of bishop." Pusey also writes again on the subject. His letter occupies more than a column of the Times. The - rev. professor again speaks threateningly of disestablishment on account of the appointment ; and repeats the grave charge against the late Head Master of Rugby that ho was the means of teaching heresy in contributi n c, towards the " Essays and Reviews." Ile calls attention e to the iffix to the first commendatory note of the book. 'he writers first disclaim responsibility as to the writings of their fellows, and then go on :—" The volume, it is hoped; will be received as an attempt to illustrate the advantages derivable to the cause of moral and religious truth, from a free handling in a becoming spirit of subjects peculiarly liable to niffer by the repetition of conventional language." Now it is the spirit of the book to which Dr. Pusey objects. One who does not object to it is (in the Oxford Professor's opinion) unfit for the office of bishop ; yet Dr. Temple thinks, according to the prefa tory note, that the subjects are handled in a "becoming ipirit." "Seeing that the State presses such a man upon the Church, the Church has no alternative but to seek separation from her oppressors." "Corrup tion through our chief pastors must end in death.' In a postscript, the rev. Doctor calls attention to two heresies of the Bishop Designate. First, he has said that had the revelation of Christ been delayed till now it would have been hard for us to recognise His divinity ; as the faculty of faith has turned inward,i outer manifestations of truth have become unacceptable. This first heresy which amounts to a rejection of miracles if worked in this Slav—is explained by a second—.-that Conscience is the authoritative interpreter of Scripture, which Dr. Pusey interprets to mean that Scripture is no longer to guide. Poßowing the Doctor's epistle is an amusing coin ounication from Dean I .3l'Neile. He refuses to join "n the Temple opposition—not that he loves Temple more, but Pusey less. He does not (he says out bluntly) believe in Dr. Pusey's sincerity, because, though the d oc t or h a d i n hi s b oo k on D an i e l mnounced his adherence to " definite truth," he terwards abandoned it. Dr. Temple's is poison (abelled properly. Dr. Pusey's is poison labelled k syrup." Earl Nelson also writes on the subject. He urges hat Dr. Temple has never been shewn to have )aught. heresy. He regrets the Bishops-Designate did COLONIAL POLICY. In a letter to the secretaries of the Royal Colonial Society, Earl Grey strongly condemns the policy of the present Government in respect of the British dependencies as likely to lead to the dis memberment of the Empire. This policy, however, he points out, was adopted to a certain extent by the predecessors of the Liberal Ministry, and is in Accor dance with what is now the prevailing opinion of Parliament. Nor is it difficult to account for the sudden adoption of the principle that the colonies must bear all their responsibilities, and take care of their own interests. Tho inhabitants of the British dependencies have brought about the change them selves by their demands for freedom of action. The local Governments have not only claimed to be, allowed to manage their own internal affairs, but have sought, Earl Grey complains, to have a share in the decision of great questions affecting the whole Empire. They have obtained their wish; they are semi independent, and likely to become completely so. But it is quite natural, in the opinion of the " free lance " of the House of Lords, that the Governments and in habitants of our dependencies should have discovered their mistake, and have found themselves unpre pared for complete self-control. If, however, they would retrieve this error, they must retrace their steps. They must be ready to submit to the exer cise of a larger measure of authority over them by the Imperial Government. On this condition Earl Grey strongly approves of the suggestion that representatives from the colonial governments should meet in London next February, to discuss the best means of placing the relations between the mother country and her offspring on a better footing. It will be well if Earl Grey can get the colonists to "see it." They are generally pretty willing to take any we can give them, but their readiness to offer anything in return has yet to manifest itself. SCHOOLMASTERS' SALARIES. A. deputation from the national schoolmasters of Ireland has waited upon Mr. Chichester Fortescue to complain chiefly of their inadequate payment. Their salaries were previously augmented by the pupils' fees, but since the decrease in the population of the country, those contingent emoluments have fallen off, while the price of the necessaries of life has greatly increased. They have not the power of en forcing the payment of fees from the pupils, so that the receipts from this source are the more precarious. The Chief Secretary promised (of course) his " best consideration." It may be noted that schoolmasters' salaries in England have materially risen of late. The improvement was necessary. One of the effects of Mr. Lowe's new code was to greatly decrease the remuneration of Leachers, who fell off alarmingly both in quality and quantity. It was clearly absurd to expect that a respectable lad would serve an appren ticeship_ of five years, and spend two years at college, for the re munera ti on o f f r om £5O to £7O a year, without gaining any social position, like that of the clergyman, to make up the deficiency. THE LAW COURTS. Most residents in London will probably rejoice at the departure of Mr. Layard to Spain. The Law Courts will now probably be built on the site first designed for them, and the " howling wilderness " of cleared la n d b y Temple Bar will in due season cease to appal the passer-by. It will be remembered that after this site had been purchased, all the houses demolished, and a hideous hoarding covered with still more hideous posters duly erected round the desert, an agitation was got up for knocking down more houses and building the courts in anothr place. A committee, appointed specially to reconsider the matter, decided in favour of the original site. But to the amazement of the public a third scheme was then put forth by the Government to erect a set of courts on a diminished scale on the Thames Embankment, thus setting the decision of the committee entirely at nought. The Chief Commissioner'of Works was the head and front of this strange proposal, which will probably not be persevered in now that he is gone. Thus while Southwark weeps for her Lay-ard, the metropolis in general sees cause for contentment. MORE LIGHT. We are rapidly getting into the thick of the , land campaign. The Times has been skir mishing for some time past, and now the Daily News comes out with the ominous heading, The Irish Land Question.—l." This paper cont..ino one noticeable statement of facts. It appears that in Ulster, where the tenures are the best, and the popu lation most prosperous, the number of small holdings far exceeds that in other provinces. In Leinster there are 95,401 holdings under £2O ; in Munster, 89,944 ' • in Connaught, 117,386 ; in Ulster, 186,919. In Munster, where the small holdings are fewest, the total acreage is the greatest. Yet Ulster is entirely free from a g rarian crime, whilst in Munster it is most rampa n t. The writer in the Daily News thinks that tenant right is the great cause of this difference : Something, and that not little, must be due to the greater community of race and faith between Ulster land lords and tenants; but the main and sufficient explanation of the prosperity and the order of Ulster is to be found in the Ulster tenant right. Tenant right has solved the pro blem in Ulster ; can it solve it in the rest of Ireland ? It already exists in a rudimentary and imperfect form in every part of the country, cropping up here and there, as though it only wanted the light and sun of English legisla tion to bring it to its full proportions. TRADE AND POLITICS. Mr. Ward, publisher o f th e B ever l ey R ecor d er , suffers from the misfortune of being a Liberal printer. He was examined before the election commissioners on Monday, and took the opp or t un it y o f com pl a i n i ng that the patronage with regard to the printing in the town was unduly distributed. There were only two master printers i▪ n the pl ace w h o were free men—himself, Liberal, and the other Conser vative, and he had only had the printing for the pasture - masters once since 1862. The corporation printi▪ ng had been still more unfairly divided, for he had only once worked for the corpora tion since 1856. It may be that M r . W ar d printed so badly that one trial of his services proved suffcient both for the pasture-masters—who have charge of a large common near Beverley —and the corporation. But if his work were well done, it certainly is dis creditable that these lo cal magnates should push their miserable political prejudices to this extent. HOSTILITIES IN ST. PANCRAS. Finding ambassadorial conference with Mr. Goschen altogether useless, the St. Pancras guardians have declared open war against that unprincipled Minister. A. few days ago they asked in person his assistance to fet rid of the now infirmary, whi c h i s sa dly t oo good or the poor—indeed, it is so luxurious that paupers are likely to make themselves ill in a wholesale manner, simply to participate in its joys. The guardians likewise asked Mr. Goschen to withdraw the veto by which they were prevented from dismissing any official who did not please them. But the hard-hearted Poor-law President refused both requests. The ill-treated men have accordingly met, and expressed " an al mos t unan i mous feeling in favour of defying the Poor-law Board. The new infirmary is built, but the guardians promise determined opposition to furnishing it. Nor will they sanction any alliance with another parish, either for th© purpose of education or the treatment of the sick. In short the guardians are about to try , a small civil war for the express purpose of overturn inr, the auth or ity o f t h e P oor -l aw B oar d. It i s unfortunate that between acting and talking there is a considerable gulf, otherwise there might be some chance of getting these gentlemen extinguished. WAGES AND CO-OPERATION IN THE IRON TRADE. The . iron-workers in the North are decidedly im- I proving their position, if improvement be the result of higher wages. They succeeded only a short time since in obtaining an advance of sixpence per ton_ this was higher than in any other district—and now they seek one shilling per ton above the increased sum of a few months back. That the required "rise" will be obtained is not at all clear; so the men are searching. for information, and intend to establish co-operative firms. In the Wolverhampton district the workers are demanding the "rise" which their brethren are already enjoying —namely, of 6d. , per ton. They are likely to succeed. Their minds are, nevertheless, also alive to the benefits of co operation. A concern has already been founded in Wolverhampton, which contemplates the making of iron from the pig up to the completed sheet, all upon the principle of co-operation, the proprietors subscribing £6,000 in shares of £1 each. It is to be called the Victoria Iron Company, The works are being put up, the mills will be Fot ready as early as possible, and the directors are hoping that the forges may be completed " with all possible dispatch." The ironmasters of South Staffordshire generally are invited to co-operate with the prelimi nary directors "in bringing capital and labour into harmony with each other, the principle of co-opera tion beim' , the only effectual remedy against strikes and locoouts, and the only opportunity afforded the workman of getting the full profit upon his own labour." THE LIFEBOAT MEN AND THEIIt REMUNERATION. Mr. Lewis, the secretary to the Lifeboat Institu tion, writes to the Times explaining the system of rewards to lifeboat nen who r i s k their lives to save those of others. They always receive from the insti teitign, Mr. Lewis Eva, 10s_. for day work and 20s. EDUCATION OF RAI7PER, CHILDREN In connection with the system of " boarding " out pauper children, it may be as well to notice that the generally accepted estimate of the cost is some what too high. Four shillings a week is the average sum assigned for the maintenance of a child out of the workhouse. But this includes the cost of an outfit, whereas it ought to be considered that when the pauper boy or girl is sent to service, an outfit is always provided, and it can make no difference to the ratepayers whether this expense be incurred early or late. In fact, the child must have clothing, whether in the workhouse or out of it. Altogether the clear cost of " boarding out "is only a triile over three shillings a week, and this so little exceeds the expense of maintenance in the workhouse that, if there bo any advantage in the new system, the money consideration ought not to stand in the way. The advocates of the boarding plan claim that, by its agency, the child can be better educated, and is enabled to make a better start in life than could possibly be the case if it wore kept in the regular pauper establishment. In short, the system " aims at restoring to the orphan child the nearest possible approach to the position it would have occu pied if its parents had not died, at the least possible cost to the ratepayers." THE COST OF VICTORY. Some malicious and evil disposed writer having stated that the war with Paraguay had cost the Allies £60,000,000, of which sum Brazil had to bear £56,000,000, and that neither the latter country nor the Argentine Republic would recover during the present century from the effects of the conflict, a writer in the Brazil and River Plate Mail sets himself to refute these enormities. • The war has in point of fact cost Brazil only the inconsiderable trifle of £30,000,000. All this expense has been fully met up to the present time, "every item being liquidated as it fell due, so that there are no arrears portending future embarrassment." But how about the ruinous loam by which these items were met, the depression in commerce, and the paper currency? Still it is satisfactory to find that though things are bad in Brazil, vet they are better than was commonly thought. And perhaps the writer in the Mail will do a. little more, and undertake to show what Brazil has gained in return for her RfX),000,000 ; or what humanity in general has gained by substi tuting the domination of a slaveholding empire for the rule of the tyrant Lopez. A POPULAR ERROR. (From the Anglo American Times) One of the opinions here generally held about America we believe to be an error is, that the Repub lic must eventually break to pieces from its growing magnitude and weight. People regard the Govern ment as a chain to which something heavy is sus pended, extra pounds being added till the snapping point is reached ; considering, that what they call overgrown nations, among which the United States will soon be classed, must, by a natural law, split into fragments. So it has always been, they say ; and what has hitherto been shown in the career Of nations will continue tobe their fate. Those formed the most quickly have disappeared the most rapidly; but all have had their rise, some have had their day of power, their decadence, and many finally their death. When asked for their application of what they regard as a truism to the Republic, they point to the diversity of climate, soil, and conditions ; to the conflicting interests; to the difference of habits engendered say by the stony soil, the pine forests,and frozen lakes of Maine, and the rich slime, hot sun, and sugar canes of Louisiana ; to the agriculture of the west and south militating against the manufac tures of New England, New York, and Pennsyl vania, with the mining, which has virtually given a different currency to the Pacific slope from that eastward of the Rocky Mountains, and the fact that from the California side men gaze over an ocean towards China, Japan, and the thousand islands stretching to Australia and New Zealand, while from the Atlantic coast they look across their ocean towards Europe. In these are involved other reasons from which they think proof can be extracted that the split must come, as in a country so large and di versified, Nature decrees that, interests must more and more di verge as population increases, climate and pursuits changing habits, manners, and even the physical frame. On the surface the arguments appear sound and justified by the course of past events ; yet they intermingle two distinct subjects it is necessary to separate ere the question can be correctly viewed ; the one is the natural causes leading to dissolution, the other the artificial causes - or those created by the inhabitants themselves. Our assertion is that Nature raises no barriers to the Union of the Continent under one Government, and that the error of all the arguments is in the assumption that Nature does. Viewing the ques tion as regards the inhabitants, the subject is hazy and indistinct ; this and that may be asserted and may be contradicted, for it is a mere matter of opinion and conjecture, but the natural laws, plain and immutable, instead of supporting the argument for a disruption, do the reverse. The whole continent fits together without generat ing a single conflicting interest ; but, on the con trary, harmonizing each part so with the rest, as to extend the advantage possessed by any one to all or any other. The products of the South are eagerly bought in the North, the products of the North are quite as eagerly consumed in the South. The banana, the hot sun raises and ripens spontane ously, can be exchanged for a block of ice into which the winter frosts freeze the northern lakes. The fish caught on the Atlantic sea-board brings from the miner his coal and his metals. If Maine has a great water-power, if Pennsylvania has the means in abundance for generating steam, manufac tures may in such localities arise to supply the wants of other States. If Tennessee has no coal but Ohio has, Tennessee must raise another commodity to give in exchange, and be thankful that her neighbour has what she lacks. Silver may come from Nevada, gold from Colorado, copper from Lake Superior. Grain may be most abundantly grown on the great prairies ; cotton and sugar in the Valley of the Mississippi ; herds may best be reared in Texas, and fattened in Ohio. Cincinnati may pack pork in barrels by the score of thousands, and the wheat ships from Chicago may be deep in the water. Vermont may supply the dairies of the big cities, and the lumber may float in rafts down many rivers, but we can in no case see where the interests of the States clash. Nor do they, so far as the gifts go bestowed by Nature on each ; no more than the banana and the ice clash and recoil in the interchange. Yet there are conflicting interests. Yes; but such only as have been created by man, acting against, not with, Nature. Nature, left unshackled, the natural course being taken, produces harmony, not conflict; but if man arbitrarily interferes and insists that here shall cotton be grown, there tobacco ; on this spot shall be manufactured steel, and on that calicoes, then is the conflicting interest introduced. The war originated in the attempt to protect an interest which the Republic knew to be a scandal engrafted on its laws, but this interest was the re verse of a natural course, being in the highest de gree artificial and unjust. It is true that bad laws have no small influence on the people they affect. Heavy fiscal laws will make liars, heavy customs duties will make smugglers, slaves will make a semi-civilized aristocrccy, and such long continued will affect the character of a people. In the case of the Southerners negro slavery did make a chasm along DIXIE'S line, but this barrier was not, as Englishmen in general suppose, caused by na ture, being the work of the vile institution inherited by the Republic in the day of its independence from the mother country. Now we do not contend that there is no chance of the Republic breaking up ; what we do assert is, that it will not be Nature's doing, but man's; for Nature is on this point all harmony, however discordant the other. That harmony is daily shown in Nature's aid towards uniting the Continent under one Government as her mysteries are revealed. The telegraph, the locomo tive, the steamer, combine to bring closely together for all practical purposes the utmost ends even of that huge domain. Discovery facilitates this object, while no discovery has ever been made which acts as a barrier, for the simple reason that there is no such barrier in Nature, and the great blunder, the supposition that there is, must be dismissed ere this quee . tion can be understood aright, While adrait- I ting that the citizens may so legislate as to make their interests clash and end in producing the eventual disruption wherein Nature takes no part,—a multi tude of circumstances carry the great Republic al together beyond the range of any historical parallel. Practically the Continent is a waste in the course of being settled ; the settlement is being made by an homogeneous people, speaking the same language, acknowledging the same code, and upholding, as a creature of their creation, the same Government. Almost equally as a general rule are these people of one religion, recognizing the same SAVIOUR, and worshipping the same GOD. Where can history even remotely show a parallel like unto this ? and if history cannot, upon what do men, who predict the disruption, ground their argument ? Not upon Nature, for, as we have shown, its laws favour unity, as do the geographical features of the coun try. Not on history, for it teaches nothing on which to forecast the American future. On the vice and folly of mankind —yes; there, we sdmit, our weak point is struck. Vice and folly, selfishness and greed, jealousy and ambition, may produce the pre dicted result. But here we enter on the region of probabilities, and the probabilities are all strongly against the break-up of the nation. As we have said, the geographical features favour unity, one of the greatest difficulties of splitting up the country being the Valley of the Mississippi. Englishmen talk loosely about the West casting off its connec tion both with the Eastern and the Southern States ; but if asked what they mean by the West the allusion is to the great prairie States, yet they are unable to tell where these begin and where they end; where the line is which divides the East from the West ; how far towards the Pacific Ocean the West ex tends or if to the Pacific, and more difficult still how far down the Mississippi. The man who had to divide the Union into three would have an awkward task to accomplish, and one which would appear to angels looking down from heaven as did theoperators in the Gold Room on the celebrated Black Friday to an uninterested spectator in the gallery—an outbreak of lunacy in another form. This severance of the West, about which Englishmen who know nothing of America so glibly talk, is one of the most extra ordinary delusions. West, itself, is in this day a mis nomer, however applicable when Chicago was a vil lage, that town being now of the two rather an Eas tern than Western city. There is no portion of the Union more interested in its preservation than these prairie States, and we never heard of any sovereign nation advocating a disruption which shut it out from the sea. No part of the Republic more fiercely and successfully resisted the threatened disrup tion than these very States, and the fact that to wards them verges a preponderating power, is an ad ditional reason for believing that the Union will be maintained through every vicissitude. Formerly there existed one great and growing cause of seces sion, and that to the extremity was fought out and eradicated. While Americans recognised that im pending danger, no other has been perceived, nor can we foresee another. So numerous are the advan tages of unity—so injurious would be disruption to each individual citizen, acting directly on him, that a split appears to us to be almost impossible ; and we purpose, next week, to bring forward some rea sons for both, benefit and injury, sufficiently obvious to convince unprejudiced persons who may have overlooked them that there is nothing in the future more improbable than a split in the United States. THE GREAT GOLD GAMBLE. These " G's" remind us of Geese, and appropri ately bead an account of the late transactions in the Gold Room of New York, on which the Nation of October 7 has two lucid articles —" The Gold Room" and the " Gold Bubble." The cotton crop of 3,000,000 bales was beginning to go forward, each bale at $lOO, representing a total of $300,000,000. One-third the cotton is consumed at home, two thirds abroad, and it is thus exported : " The Liverpool cotton merchant telegraphs to the New York commission-house—' if you can buy one thousand bales of middling cotton so as not to cost mo more than tenpence, or twenty cents gold, per pound, laid down here in Liverpool, you can do so.' The commission merchant finds that the freight, insurance, and other charges will +o ohrbni twn cents: he can therefore afford to give eighteen cents gold for the cotton itself. lie goes into the cotton market and inquires the price of cotton per pound in gold. The dealers answer that cotton is sold for cur rency; they buy their provisions, their agricultural imple ments, and their manures for currency ; they owe their debts in currency ; all freights and expenses on their cotton aro currency ; they can tell what their cotton costs them in currency ; and they don't want to sell it except for currency. The commission merchant telegraphs to Charleston, Savannah, Mobile, New Orleans—from all these places he gets the same answer —' Middling cotton is selling for about twenty-seven cents a pound in cur rency ; no price can be given in gold.' Finding that he cannot buy the cotton for gold, but knowing that he is authorized to pay eighteen cents gold per pound, he next proceeds to the Gold Room to ascertain the price of gold, so as to know how much currency he cau get for eighteen cents gold ; or, in other words, how much in currency he can afford to pay fcr the cotton without exceeding the orders of his Liverpool correspondent. He finds gold selling at I.lo—in other words, his eighteen cents gold are worth exactly twenty-seven cents in currency; Le can pay twenty-seven cents in currency per pound for his middling cotton without exceeding his correspondent's orders." Say he gets the order by cable on a Monday, he then concludes the purchase, buying perhaps at 27 cents. Next day he engages a vessel, by Friday she is ready, the loading being completed about the following Monday. The bill of lading is then signed by the captain, to which the merchant at taches his bill for the cotton shipped, and a foreign banking house gives him the amount, less a small commission for forwarding and collecting the money in Liverpool. The coin being in his possession, the merchant goes to the Gold Room to sell at 150 for greenbacks with which to pay for the cotton he had purchased and exported. Within the eight or ten days, however, the price of gold has fallen to 145, which is '26 cents instead of the 27 cents represented by the 18 cents in gold the Liverpool correspondent authorised ; hence there is a loss of one cent per lb., say on 1,000 bales, making up a deficiency of $5,000. It might have been the other way, but this is not what the merchant wants who requires a fair profit on a straightforward transaction and is con tent therewith. His Liverpool correspondent, for whom he buys, trades in gold ; the American cotton seller, in currency ; and between them he is forced to stand as a buffer the risk of fluctuations. This is the evil of the irredeemable paper currency, in the attempt to avoid which it was that the merchants fell into the power of the gold clique, bound hand and foot. The merchant, who will not run the risk sells his gold in anticipation of completing the transaction. In ten days he will have it, therefore he borrows and sells at once, and on this basis the bulk of the export business of the country has been trans acted, and its amount is about 1,500,000 of dollars a day. The import trade causes similar transactions, and both are enormously swelled by the dealings in bonds and other securities, as well as with the West India, South and Central America, and the Chinese trade. The mode of doing the business complicates and adds to its magnitude. The metal is loaned from day to day, and the lending of one million and a half being counted on each side is re ported as three millions, and before the transaction can be completed it is recorded as six millions. This is renewed each day over which the transac tion runs, and out of the average daily business of the Gold Room of $60,000,000, some po,ocopo represent genuine transactions, though but five to seven millions of real purchases and sales may be effected ; hence, the Nation argues, to attempt to interfere with such a business as proposed by Senator WILSON is absurd. Our readers may now perceive on what the gold clique based their operations. On every case of gold-borrowing the lender receives cur rency to the amount at which the gold then sells, as security. Thus, when foreign trade is brisk gold is re quired, and the holder= readily loan it for its value in currency. This aided the bull operations, for as quickly as they bought gold they lent it, and bought It again from the merchants, who were the sellers, with the greenbacks these merchants had deposited for the loan. Thus they gradually became possessed of the larger portion of the gold afloat in New York; but such transactions must transpire, for the mer chants discovered that the same parties who had lent them the gold re-bought it when in the course of their trade these merchants had sold it. The report then spread that a " ring " of operators not only held all the gold, but had lent it severa l times over, and were therefore in the position i 4 demand the return of a sum infinitely beyond the power of all New York at once to raise. On this being rumoured, prudent merchants hastened to bay back and be quit of the liability at any loss, and the market was stimulated by the rumours circulated by the gold clique, whose object it then became to increase the alarm. When really - Wanted, the dif s ; culty of procuring the gold was made evident, an the price advanced rapidly. Determined merchants who felt the pressure towards the' corner" imtne cli ' ately seized the bull by the horns and swung thelad selves out of the net. It was not a pleasant 0 1 3era : i tion, yet they were right to decide at once realising their loss ; but the mass, as us a3 , 0 dallied, looking for an outlet and endeavouring ` 0 shut their eyes to the net closing around them. day by day they felt more forcibly the insidion:', power, they grew frightened, and many bought b ac' ' at a heavy sacrifice to escape a threatened baukruP tel i Every rise was an enormous sum iu the pocke ts the clique, and gradually being emboldened by s e ; cess they advanced the price from 133 to 143, vibe, gold closed strong on the Thursday night preee clii/ 0 1 the memorable Friday, a purely artificial advance 10 per cent. within a few prosperous weeks. I t ll'o then that every man who had a contract to de liver gold felt the meshes around him, and before On sir h : o the alternate to break the net or perish. opened that day renowned in the history of ca to merce. Those who first assembled by the l 6 fountain which plays in the centre of the Exch t t were hushed into a death-like silence. The first big arose in a room usually the scene of uproar in/ stillness wherein the fall of a pin might be bear 145 for $lOO,OOO. No answer; then another bid, %, for $100,000; again no answer, 147 —another paas it 148—again a pause, 149—still no reply, and the fts was that the index marked on opening 150, an d e h news flashed to all the great cities struck as n l ti ti ti i terror as amazement throughout the country despair came to the aid of the ruined " bears ;0 ruined they must be with such a clique in poss ess ; e j of their contracts, the price being left to be fi beit by operators whose greed was as boundless as t ,,,b1 hearts were callous. Then came that great ne which instantly turned the death-like room i nto ed Bedlam, and for over two hours the battle 0 13/ er , backwards and forwards. For a time, ho wev p the strong impetus given by the great and sn eco, ; ful advance of the " bulls" bore back the incr easvg ` 0 "bear" resistance till at last the voice of SrEYE 3 sr d 0 0 1 sharply over the tumult with the memorable 191 dr 160 for any part of $5,000,000. Its effect is t he scribed as by magic stilling the uproar, marl Bs a G terror-stricken throng becoming ashy pale. ' at i r the opening so now not a sound broke the de o for like stillness, save the voice shrieking forth 1 ' 4 0 00; $5,000,000! No response ; then 161 for ss,o°°,' plf another pause, 162 for $5,000,000 ; still n° from the spell-bound mass ; finally, 162 for OP 00 of $5,000,000. Then came a quiet voice frc wl s ot crowd, " Sold $1,000,000 at 162," and the bid 0 00 0 renewed. The next offer was 161, and the sarn e o i, was heard in response, " Sold $1,000,000 a t trer i4 and that figure was not again bid. The third n' tif o this duel was 160 for $5,000,000, and in5 t313 .,„4 dozen men leaped furiously at the bidder clalpeir to have sold the whole five millions, when t a bol e horror he accepted the offer from each. Scarce l l% a de l ever, had the consternation the buyer's action to s 3 to cause struck on their hearts, when the ra o surge among the multitude, a new impetus had bo given, fresh shouting men were pushing thro a t' 0 0 ring, and the rumour spread that the Treasariri;of selling. The scene at the close was the N Y o ta pe but a few minutes. The mass appeared ~5a030 swayed by an impulse, and like electricity th; sect thoughts, the same hopes and fears, swal e co ols and all. It was the most extraordinary s P% ever witnessed in New York ; for, though b e ige pearance the densely congregated human . 0 0, were like raving maniacs, they were, i n mass of nerves, appearing instantly an d v oice taneously to vibrate to a touch. The q uiet s r id+ that turned back SPEYER'S advance broke th 00 0' the retreat becoming almost immediately 3 but tiO plete rout. Instantly the " bulls" who ha d a ps' previous moment been apparently cased noply of steel, and dealing around death w° br ielv were stripped, disarmed, and helpless. 'Th e s o p° ing offer of SPEYER afterwards was but the r at g, of a lunatic, at whom men smiled compassi°ll thot desiring his friends to take him away 1d boot same voice, articulating the same offer, ha five minutes before, " "A doleful knell in the storm -swept iner t. ,00 0° With the "bull" clique no one would then de h a cy vi ers the electric prevailing notions being that they fore e • insolvent, when their offers to buy los t 3 oa th °f Those who had bought believing in the st ra :, in' ti the clique to carry the price up to any fig ru ' e ,stb r stantly changed to the " bear" side, and q u pressed sales ; but there were no buyers, an bell than we write the price fell to 135, leavi a g u a rola ; the exploded bubble a mass of perplexitY o t1 013 : the damaged credit, extending even to trweeapyievio and involving the reputation of we n 1 4e ,, the highest places. The Nation adds I:traor'i York bankers believe they see in thes e e tbe a hea d nary operations carried almost to a succ ess .0 Pa tp of somebody in authority.—Anglo- I 1 • J‘' his I) 01 Mark M. Pomeroy, well known underpoiery name of "Brick," is said to be hopelessly ill. possessed that sort of ardour to be found in Pars" B led P. c l 5 a low, who has also been very ill. His energy or es g, through all difficulties, and he established, in a lo peP.,ici pointof view, ono of the most successful of Aele ri . c s b is f r o jr io What is most rernarklble about Mr. Foraer°Yi tebec e id abstinence from any intoxicating beverag e an d it oe c i of ", any form ; yet in the extraordinary inteniPecriteove'ro, language he made up for the want of Qu o 0% 9000 an excess in the other. He is a thorough - go illg b ig p 6r/ 1e toso tha t o f and will at least be missed if he is not a loss A Maine letter says it is now definitely 101 °. t 3J ,: r , vernor Chamberlain will appoint ex-Senator lishep.l:o rill to succeed Mr. Fessenden in the Senate.--: p ,ro oP il o dall, of the Episcopal Church, has ial ce io ea ts charge of St. John's, in Denver, Color,a:ollo;earct. also become principal of-the "Young Ladies The Neapolitans have been puzzled by the fu rival ersop of id' and Mrs. Layard. They know him to be al ' ,jai. portance, but they do not know what t o et' rag e; 13 ; 5 '0 Layard wo'nt do, as he is not in the P ee o i I,OP B evening paper hits on the happy the him as the illustrious General Layard, rt 11 3,4 d Nineveh is satisfied.—Prince Hubert an d ex pedient w e co o T u eso l Margaretta arrived in Naples on el 1 P ft at half-past five o'clock. The BeY 3 ,_ r ked ° • Dt. splendid passage from Genoa, having eaw a nd o , !Igo./ the Flavio Gioja at twelve o'clock on S tl ,,. a r a yell!, o oV At St. Louis, Mr. Berry, publisher of the 1.4.,;/000 de' Freeman, has sued ox-Governor Fletcher to tr.erf gomery 650,000 damages for personal viole t, ` . :;. oo t , ge: ro go . struction of his printing office in 1866, whoa:Li:lo commanded the militia at Lafayette. A ! ar d 1: 1 ° Convention met at that city; Mrs. Julia ;: trs _floyf rfo ' ;to Boston, president. Addresses were made bY „. .e' rsuie r, 0 1 ) Minor, and Miss Susan B. Anthony. --J. Fran G • the celebrated American artist, has settl.edfisamily, the _ irto; t , u: States Consul at Lei sic arrived in on-the-Maine, for the winter, with W o o, i 0 Welch also, a noted American landscape , th e " l ,o; ing the winter with his family a t Frankfort. to 11 , 0 0 ,00 .0 0 —Mrs. Ex- President Lincoln has return an l op 1 0 O a on-the-Maine.—Mrs. Maxwedel, a Ge rratl lv erae rl o ffer ° , to establish a horticultural school Mhos United dor States, and for the purpose sb e , do t t fe e some acres of excellent land by theiphroocioverotbbecoo nell University at Ithaca, and near dom of which will be extended to the g irls, members of the horticultural school. D l° MARSIIAM —On the 21th ilinsltß.,lthlieSkon. DO rs WS. J°llll 1 J't' . 1 of a son. .. gt- g' 0. f PITMAN — On the 25th inst., at Richm o nd, A man, of a son. MARRIAGES. ii Elizabeth, James Elias Perron, PERRE _ ro N—ALLERSON-011 the 24th inst., a- to . 0 , .. t St. Al Vo il i Youngest daughter of of,homas „ l ii, Flig:2sate-rise. , oieg"llili, PoLLAttp —I ) .A.REz -On the 23d inst., at V o l. 0 9, 1 ; WO Islinglikooo, \Parminst~.i•, Andrew Pollard, Esq., °f j' ° • - o ' l t LI° Loudon, to Agn 9 Isabella Mary, daughtor, Louis Pare 7 Eq. bn '' iefi' :.9 gATBS. i 10)5 CARDus —On the 25th inst , at Barwell Celli I a 1. Israa(V' en-Thames, Thomas Cazd'us, Esq., mo d °6+ " o f KING—On the 25th inst., Peter King, . (1 "' 5,1 44 worth-road, aged 66. lc l i eV/ 115 ' LEwts—On the 25th inst., Capt. Frederic of Tho Mall, Chiswick, aged 8. •Vi i *ll)°' a‘l ~...051 A-- ~ .trll' „ London: Printed and Published by Wl T ''' . No. i t 'il' 00 0 ' of No. 112, Strand, Printer, at Tits Su N Office of is in the Precinct of the Savoy, in the Ou r " Wednesday, October' i 7, OM