The Sun. — London, England, 1848-03-04 00:00:00

they should refer to the general taxation, the pressure of which should be made to bear equally unon every de scription of property fairly and equitably - . H s would not p further into the question . ; but he hoped that his Hon. Friend wou ld w i th d raw h i s proposa l , an d a ll ow t h e House to proceed to the main business of the evening, and to decide the question whether they were to have an income•tax or not. The other question that had been mooted, as to whether the period should be limited t ° one year, would arise when the House considered the res olution i n C omm i ttee ; b ut he must aga i n as k hi s !sfon. Friend whether after the disposition which the Rouse had manifested with respect to his proposition, be would not withdraw it, and thereby enable the Govern ment to bring to a conclusion a question respecting which the whole country was at present in a state of uncertainty.—(Hear, hear.) Mr• F. T. BARING would detain the House a very short time whilst he stated his views on the question. The proposition before the House was one of great im portance. He did not agree in the suggestion of the tt .. ° l l. Memb er f or M ontrose , an d hi s o bj ec ti on t o it was , 'cause he considered it necessary that five millions and half should be supplied by taxation, and he did not think it could be raised if the income-tax were to be nlapressed. What he understood the Hon. Member for the tax on a fairer footing than that upon which it was now levied before they consented to go into Committee. Re concurred in that proposal. The Hon. Member did not ask the House to diminish the amount of the tax. All he asked for was, that it should be levied in a fairer manner than it now was. If the House should be of opi a:on that the tax could not be levied more fairly than it oea- was, then the only course left for him would be to suPport the revenue by voting for the tax in its present a nd worst shape. For what would be worse than the tax , w ,?tild be a d e fi c i ency i n th e rev e nue.—(Hear.) He said without having had any previous knowledge of what the Ron. Member for Cockermouth was about to pro- Pose. All ho thought of the matter was that it was a IPreetical meth o d o f t a king the opinion of the House I P e n the tax. If the House should be of opinion that it was not pr ac ti ca bl e t o adjust the tax so as to make it ' 4ll more f a i r l y , h o did nut think the Committee could eff ect that object, and consequently there would be an en d to all efforts for making the burden fall equally on " . l Classes. But when the Hon. Member for Montrose e PPosed the continuance of the tax because he thought the expenditure could be reduced, he (Mr. Baring) seas as much disposed to distrust the Hon. Member's pro Phe cY as he himself had been to trust the prophecies of ?them Everybody admitted that the tax was unequal 1 its pressure. He would not go into the details of t hat inequality; but be confessed that when it was pro- Posed by the Honourable Member for Montrose to limit the tax to one year, he looked with great alarm at ; Plan by which so large an amount of re venue 'would be placed on so unsafe a footing. And that fear was one of the grounds on which he bad ( 1 ) 1 1 :41h:tally opposed the income-tax. He had not changed t . 14 opinion on the subject. He always thought the time would come when the tax would become unpopular, a nd he also had anticipated a great inconvenience to the l a e renue when the outcry against the income-tax should ec° me general. The Right Hon. Member for Coventry had expressed a desire to see the revenue plac e d on a stable foundation. He (Mr. Baring) concurred in that ~. "Leh, but for that very reason he should vote for the Proposition of the Hon. Member for Cockermouth. It it was intended to perpetuate the tax, the Government m ust make it more equitable and equal. The leading ~s - ", 00 of th e var i ous parties in the House appeared to be ° L opinion that the tax, if continued, must remain' as it , w 1 ,41 1. He looked with great discomfort at the result of s s ‘e night's proceedings. For, if the tax must be con ned in its present unjust form—be might be mistaken -- but he warned the Right Hon. Gentleman that the Go :?rbotient would only be postponing its difficulties, and that It they now got the tax again for three years they must make a, change in it at the end of that time, or else abandon it. The Government ought, at least, to try to make it fairer, even if they despaired of making it Perf ect.—(Hear.) It was in vain that his Right Hon. Friend the Chancellor of the Exchequer told him the P la n of the Hon. Member for Cockermouth was not perfect.—(Hear, hear.) It was true that the proposal before the House was not without its faults, nor did he mean to commit himself to its details in all their, rigour. lint Puttin g that consideration aside, it was the impera tiy e duty of the House to devise the means of making the tax fairer.—(Hear, hear.) The straightforward i roulon sense of the people would not be !satisfied with eas . - -(llear, bear.) There would always be anomalies Ina classified taxation, but that formed no just reason W hy an effort to equalise the tax should not be made; d if the Government set about the task he was con need they wo u ld be met by the whole country in the a nte spirit, and that there would be little or no dlssatlsfaction at the continuance of the tax. With ta Pect to an argument of the Right Honourable Ge ntleman opposite (Mr. Goulburn). he must 45 Y that he did not think there would be ) 1 : 1 1 breach of faith towards the fundholder in taxing according to the proposition before the House. Th e only injustice would be in taxing him alone —in not at t he same time taxing the other portions of the com munity. If the House rejected the proposition of the that Memb er f or C oc k ermou th he should not vote for 414 of the Hon. Member for Montrose ; but he should deemthe tux with all its present odium.—(Hear.) !dr. MUNTZ said the Right lion. Member for Ports mouth had done a great kindness to himself and his c ountry by the speech he had just made. lie (Mr. ik,tuntz) had r ece i ve d a letter from one of the Right Ho n. Gentlem an ' s cons tit uen t s , e xpr es sing surprise at his 4'de claration that he had been satisfied with the with ;draw s ] uf the additional 2 per cent. on the income-tax. The last time he had spokeu on the subject he recom mended Ministers to make the tax more palatable, and the Right lion. Member for Portsmouth had made some very just observations to the same effect. If the Govern ment refused to do so, they would not carry the people With them. There ought to be a tax on real property, levied on a different principle to that on incomes de rived from p ersona l labour. The question, however, f or present decision was, whether to adopt the proposi 'Ml before the House. He was of opinion that the in quisitorial injustice of the tax would not thereby be gut tt d„,,of, and he should therefore vote against it. hi r, r. J. WALTER rose amidst loud cries of " Divide." I le would not stop to inquire whether the corn-l a ws, th e currency, or the French revolution were, as had been 4rgued during the debate, the cause of the present posi tl°ll, of the revenue.—(Cries of " Divide.") The Chan rf, of the Exchequer had failed in making out a case ,"r the continuance of the tax. On the contrary, he had prov ed it to be unjustifiable. He (Mr. W alter) had oPed the Ri g h t H on . G en tl e man would have taken some t ger time, in order to devise a tax more equitable than income-tax. But it seemed to him pis if the more ° PPressi ve th e tax, the more eligible and pleasant it was for. t he Ministry to propose and defend. He might say the i ncome - tax w h at t h e mora li s t h a d so apt l y sa id o f o f " Was a monster of such hideous mien, That to be hated needs but to be seen; ,„ s. But seen too oft—familiar with its face, S t 'Ye first endure—then pity—then embrace." a n income-tax was required to maintain the credit of theeicountry, at least it ought to be levied on fair princi 11) 1 4 . -- -(" Divide, divide," and confusion.) , o ,as G. ROBINSON rose , am id s t a pr o longed 4. Ohl" h utch lasted some minutes. He would not detain the ;1-11use lon g . li e recommen d e d th e Government to ac :pt the p roposa l o f th e H on . M em b e r for Montrose, and lee to take the income-tax for one year certain, with ss - s eogagement to enter into an inquiry as to the best r„. Cheapest mode of raising the revenue, with the least t "„ e ° l avenience and injury to the commerce and manufac iOra of the country. He would tell the Government th ree persisted in their proposal to take the tax for years they would drag with them many Members ;`,. 11 0 were unwi lli ng to vote aga i n st them, and who would ....",reby forfeit t h e i r p o p u l ar ity with their constituencies, r - V he placed f or t h e f uture i n a p recar i o us situation.— seaear, and laughter.) Lord J. RUSSELL said that from the solemn manner 40 which th e H on. Members who spoke l ast ha d a d • dr essed il the H ouse an d t h e G overnmen t, h e th oug ht th e called u p on to ma k e some re ply t o th em an d t o 11 0 e. Member for Montrose. His lion. Friend (Mr. urne) had noticed the diversity of opinion which existed-' 4 tti that H ouse as to t h e i ncome - tax, an d h e h a d state d ss a t. amongst twelve political economists who were Z" ,e ustomed to reason on such subjects, there was not a e of them who did not differ with his fellows on th e rbociples of taxation. If the fact was as his Honour se Friend had stated, there could be, a fortiori, ' 0 Wonder felt that those not accustomed to reason 0 0 such subjects should differ even more than the I t len. Member's friends h a d d one on t h e quest i on o f l aZation.—(Laughter.) He did no t l oo k on t h e propos t ion of the Hon. Member to be one to whi c h th e I Go vernment could give its concurrence. He would state nthe House what the p os ition of th e Mi n i s t ers was . ie the year 1842 Parliament agreed to impose an , i :° 111 0-tax, for the double purpose of supplying a defis 1 4 . 11 9 Y which existed in the revenue, and of enabling the certain to try an experiment whether the removal of .vrPtin duties would not improve the revenue, by giving iresh spring to commerce. Both of those objects w e re fulfilled most amply, the deficiency of the income ite ll , a e lla ade up, and the revenue increased in consequence „ zt sue remission of duties producing a great influx of thtnrliodities. The Government in 1845 again renewed e e income-tax, taking off at the same time a large a mount of customs d ut i es an d exc ise on articles of con trsi'Ptuan. In the two epochs no less than 7,000,0001. of and duties were remitted. Since that p i . 113(1 the country had not enjoyed the same vv e -s P er itY—adverse circumstances bad occurred which tune s totally independent of the remission of taxes and ti o `' ti e s in 1845. The revenue arising from the consurap eau) of malt and spirits fell off in one year to the e ad : r ttt of 1,300,0001. The question now was, whether net these circumstances, the Government might tea, very fairly and reasonably propose the re yea e t of the income tax fur another period of three n ot ra , The Hon. Member for Montrose said he could th ar a umit of the reasons for renewing the tax, because tlse'e might be reductions effected in the expenditure of ariti coutstry by reducing tie establishments of the army sai r tt a . v.Y. Te Hoourable Member for could not stated his opin n ion to be that those establish g ments t kx d oot safely b e r e d uce d, but that some other mode of of t li t °Tl ,might be proposed. With respect to the opinion 'few Honourable Member for Montrose, without ad tot in g more particularly to facts which were sufficiently e a rious, he would only observe that the Government 11 4 1 a nt asked for more than was granted is the year ° out . When the greatest tranquillity prevailed on the th e ' tie nt. Such being the fact, he did not think, in be Present state of Europe, that large reductions could ee or ade ,. - -(Hear hear.) He was glad to hear such an henor the sentiments of the House — because he % ° p l orted nt thaott be quite unnecessary to say more upon this merely to refer to what the newspapers daily respecting the state of the various countries — (Hear, hear.) Bat the Honourable Member er E SUN, 7 . 5 I for Nottingham told the House that some other mode of taxation must be resorted to. Now, although in 1842 he had been of opinion that it would be better to raise additional revenue by new duties, yet, in answer to such a proposal at the present time, he must say that he. was not prepared to reimpose or to increase duties, the remission of which had tended so much to the comlort and enjoyment of the poorer classes. Ile did not think it would be a wise step for the Government to propose to raise five millions by increased excise duties. But then it was said—and to that effect the present props sition tended—" take the amount you require, but raise it by direct taxation only in a more equitable mode than by your present income-tax." Now, he must say that the presumption existed against the proposition of the Hon. Member for Cockermouth, that the tax in its present proportion was first settled by Mr. .Pitt, who whatever might be the difference between himself and that statesman in respect to his foreign , policy, w as, in his (Lord J. Russell's) opinion, one of the greatest financial statesmen that had ever existed. Mr. Pitt showed, by reasonings of great cogency, why there income derived to be no distinctions made between derived from diflerent sources. In 1842—as my lion. Friend the Member for Cockermouth has alluded to me, I may mention it—l urged the arguments which have been quoted against the tax; but I stated at the same time that the Right Hon. Boronet's reasons were conclusive, and ought of themselves to induce the House to accept the tax. I admit that in 1845 I was of opinion that the tax might be modified—(Hear, hear)—but since then, the more I have considered the subject—and I can assure the Hon. Member for Cockermouth that it is not only since Monday last that my Right lion. Friend the Chancellor of the Exchequer has considered it—but the more I have considered the subject. either by myself or in communion with my colleagues, the more am lim pressed with the impossibility of making it in any degree wore fair and equal by any modification. I will not weary the House by going into details on the subject. The Right Hon. Member fur the University of Cam bridge showed, by arguments which have not been an swered, that no such equality can be established.—(Hear, hear.) But let me state the principle on which the tax is founded, and why I think you would be defeated in any attempt to make it more equal. The state im poses taxes on the ground that all classes are equally hound to bear its burthens. Suppose two persons, each with an income of 5001. a year: but one says, I am peculiarly circumstanced—mine is a precarious income. The state says, "We do not inquire into your circumstances, we only aunt to know what is your present income, and we take a certain portion for the purposes of the public." Suppose you were to go on another plan, and take Bd. in the pound from the person holding land, and only 6d. and 4d. from each of the two other classes, the person deriving his income from Schedule A will fairly say, " You have not treated ins justly, you have added to my taxes, but you have done so on a mistaken supposition, because I have only a life interest."—(Hear, hear.) In addition to this some landholders might say, " My income does not go to my daughters ; it is strictly entailed ; and for younger children I have nothing to look to but my savings." In the same way, the argument might be carried to much stronger cases, such as jointures. The small landowner might urge that it was unfair to tax him at Bd. in the pound, while his neighbour, the wealthy mer chant or manufacturer paid only 6d. This instance was, in his opinion, a sufficient answer as to the inequality of the tax. You must, then, be contented with one of two things—either the injustice remains, or you must set about investigating what is the exact value of every man's income. I say, far better is it to take the tax as it at present stands, than by a'tempting to render it more equal to fall into greater difficulty. Take the proposition how before es. Suppose we charge property in land Bd., I think it would then be our duty to take into consideration all those questions respecting taxation, in which it is urged that the State burdens press unfairly on the land. There is the expense of conveyance, with the 12k per cent. charged for stamps. If you raise their income-tax to Bd., 3ou must consider all those charges to which I have alluded.—(Hear, hear.) I come now to the obser vation of my Hon. Friend the Member for Montrose as to the general inequality of the taxes. He says there is hardly a tax which is not unjust; out he is willing to give all those taxes for a single year, if Government will be prepared to do away with all the inequalities by the commencement of next year.—(A laugh.) Tie llon. Gentleman seems to think he is doing something very handsome, and reminds me, in his pro.nised reward, of :the annual prizes given by the Privy Council to the village schools. But however tempting, the Government cannot accept his liberal offer. The revision of taxes may be most desirable; that is a position which nobody will deny. The Right Hon. Baronet the Member for Tamworth carried it to a considerable extent, and made many improvements in taxation; but yet there is the excise and the stumps, in which there is great room for improvements. But the task is not one for a year. Mr. HUME—There would be no difficulty about it. Lord J. RUSSELL—As for taking these taxes for one year, I will not consent to it.—(Hear.) Whenever we are able, by careful review, to make propositions the effect of which will be to make taxes press less heavily ou industry, I can assure my Hon. Friend that I will most happily avail myself of the opportunity ; but I do think that no Government in the present state of af fairs ought to accept a tax for a single year, and under such a promise, because I think that if they did so they would be endangering the credit of the country. — (Hear, hear.) I repeat that my Right Hon. Friend the Chancellor of the Exchequer has never lost sight sight of this subject of taxation ; but this I must say, that the past year has been a jour its which the most extraordit ury etbeits were sequin d to meet the emer gency arising from scarcity of food ; and I must add, that I am not prepared new or in a week's time to propose any scheme of taxa tion better thee that which 1 now propose.— (Hear.) I, therefore, with confidence, knowing what the temper of the House was on former occasions, ask this House to renew the income-tax, as it had been pro posed by others in former times. I ask it for a period of three years—the same period for which it has twice before been granted. I ask it not for the purpose of making new armaments or of adding greatly to our forces by sea and land. I ask it for the purpose of maintaining those forces we have, and of supporting the credit of the country, and to show the world, at this period of difficulty, that, whatever Government we may have, we are disposed to give to that Government, with out distinction of party, a fair and liberal support. The House then divided, when there appeared-- For the motion For the amendment Majority for the motion - 175 The announcement of the numbers was received with loud chers by the minority. On the question that the Speaker do now leave the chair being again put, Mr. HUME said he intended, in Committee, to move that the tax be limited to one year's duration; and un less it was distinctly understood that the present pro ceeding was merely pro formd, he should oppose the going into Committee that night. The CHANCELLOR of the EXCHEQUER ex plained that the resolution he was about to propose was merely that the tax should be granted for a further time. The House would have afterwards to fix the limit. Mr. lIUNIE was satisfied, provided an opportunity would be afforded of discussing the question of the du ration of the tax. Mr. BRIGIIT observed that, as the proposition for the five per cent. income-tax had been abandoned, and as the Government did not intend to propose any addi tion to the taxes of the country, he should not perse vere in his motion with regard to the legacy and probate duties. He could not bring forward his proposition to extend those duties to real property as a substitute for the present income-tax, as it would not produee one-half the revenue; he thought, therefore, it would be better to submit it as a substantive proposition at some future time. But should Government, during the present or the next session, propose to add to the existing taxes, and an alteration of the duties he referred to should not be a❑eluded in the scheme, he should then bring the subject under the consideration of the House. The Howie then went into Committee of Ways and Means, and a resolution was passed, pro forma, for con tinuisg the present tax upon incomes for a further period to be hereafter limited. The House having resumed, the resolution was re ported, and the Committee ordered to sit again on Mon day next. DIPLOMATIC RELATIONS (COURT OF ROME) BILL. Lord PALMERSTON moved that this Bill, which had been brought down from the Lords in the early part of the evening, be read a first time. Sir R. INGLIS did not intend to provoke any dis cussion on the present occasion with regard to this mea sure, hut, as it was one of very great importance, he wished to impress on the Noble Lord the necessity of giving full opportunity for discussing it—(Hear)--and to express his hope that the second reading might not be pressed forward with undue haste or precipitation. Lord PALMERSTON proposed to fix the second reading for Monday se'nnight. Sir It. INGLIS did not think there was a possibility of Government being able to bring it on so soon, and suggested that a more distant day should ha named, when they might depend upon its being brought on for discussion. Mr. PLUMPTRE declared his intention of giving his most determined opposition to the Bill. Colonel SIBTIIORP thought it unfair to bring on even the first reading cf a measure of this character at that late hour of the night. It would appear, however, that Ministers were becoming uncomfortable in their offices, and began to be aware they roust soon vacate them (and for his part he cared not how soon)— (" Hear," and a laugh)—and therefore they were reck less. By this Bill (which was a new attempt against the Protestant Church) they showed that they had neither the fear of God or man he:ore their eyes.—(Hear, bear.) He protested against the introduction of such a measure, and should oppose it in every stage.—(" Hear," and a laugh.) Mr. HINDLEY considered the Bill had been much improved since its first introduction into the other House.--(Order, order.) He &till, however, entertained a great objection to it. What good could it do to this country to establish diplomatic relations with the Sove reign of Rome ? Already we spent 150,0001. a year in diplomacy, as he believed, without any benefit to the people of England, but merely to give an opportunity:to some members of our aristocracy to reside in foreign countries at the public expense.—(Hear.) His objection to the Bill was not on account of the religion of the So vereign of Rome, but he thought when that Sovereign asserted a spiritual authority over all who professed the same religion, it was a matter for consideration whether it would not be unwise in a Protestant country like this to open diplomatic relations with him.—(Hear.) The Bill was then read a first time, and ordered to be read a second time on Monday so'nuight. BORoUGII POLICE SUPERANNUATION. Mr. EIUTT movea for kayo to bring in a Bill for au thorisinT, the establishment of a fund for this purpose. — Agreed to. NAVY, ARMY, AND ORDNANCE EXPENDI- TURE, The CHANCELLOR of the EXCIINVER moved the nominalon of the Committee on this subject. Mr. OSBORNE objected to such en important Com mittee bting named at that late hour, and moved the adjournment of the debate. The CHANCELLOR of the EXCHEQUER urged uron the Hon. Member the importance of the COM mittee proceeding in their inquiry at as early a period as possible. It was not likely, if they adjourned the debate, that there would be a fuller attendanc© than at present. Mr. OSBORNE opposed the motion on constitutional grounds. He looked on the appointment of this Com mittee as a dangerous precedent, and as an abdication of the functions of Government. Sir G. GREY said the appointment of the Committee had already been decided upon by the House. The pre sent question was merely who should be upon it. The Hon. Member had given no notice to substitute any name for any one of those proposed. On the first name of the list, that of Lord Seymour, being called over, Mr. OSBORNE objected to this name, and complained that there were no members of the army and nuyy named in the list proposed by the Government. He looked upon the Committee as a collection of persor:s formerly in office, who, having culled before theta a few generals and admirals, would draw up a report that no reduction conl.l be made. The gallery was cleared for a division, but none took place, and Lord Seymour's name was placed on the Com mittee, as were the names of Mr,. F. Manic, Mr. Hume, Mr. G. Bankes, Sir J. Graham, Marquis of Granby, Sir W. Molesworth. On Mr. Curry's name being proposed, Colonel SALWEY said, that without wishing to ob struct the appointment of the Committee, he must, in return, express his surprise that no military mien were proposed on the Committee. The CHANCELLOR of the EXCHEQUES said, it had been conceived that the opinion of professional nun could best be elicited in the form of evidence. Mr. WAKLEY though it would bo better to place some naval and military men on the Committee, as civilians could not, unassisted, form a fitting judgment of the professional evidence laid before them. Sir G. GREY said it was an extraordinary proposi tion on the part of the Hon. Gentleman, that civilians could form no opinion on naval and military expendi ture ; the Hon. Gentleman being one of the foremost on all occasions to take objections to naval and military estimates. The name of Mr. Corry, Mr. Walter, Mr. E. Ellice, Mr. W. Miles, Mr. J. Greene, and Mr. Baring were then added. On Sir T. Acland's name being proposed, Mr. G. THOMPSON insisted upon the necessity of at least ono professional man being on the Committee. It appeared to him that otherwise the Committee would be entirely at the mercy of the witnesses. What would be th© respect paid by artist witnesses to a Committee on art, no Member of which knew anything about art ? Mr. LABOUCIIERE vindicated the selection made by his Right Hon. Friend, and among other Members of the Committee pointed out Sir James Graham, as a gen tleman whose practical knowledge of the management (it the navy rendered him more valuable on this Committee than a citizen admirals would be. Mr. M. MILNES considered the Committee as it stood would be infinitely more useful, and infinitely more satisfactory to the country, than if it were a Committee at all compostA of professional men. Sir 11. VERNEY said that a professional man on the Committee would direct inquiry to many matters of which non-professional men had no idea. The Earl of LINCOLN admitted that the names of Sir James Graham and Mr. Corry were satisfactory as regarded the navy, but ho thought the composition of the Committee would be improved by the addition of a member connected with the army. Sir. T. Acland's name was then added. MISCELLANEOUS ESTIMATES. The following Committee on the miscellaneous esti mates was nominated:—Mr. Vernon Smith, Mr. Her ries, Earl of Lincoln. Mr. Henry, Mr. Henley. Sir George Clerk. Mr. Rice, Mr, Stafford, Dr. Bowring, Mr. Parker, Mr. Bramston, Mr. Horseman, Mr. Has• tings Russell, Mr. Henry Arthur Herbert, and Mr. Corbelly. The House then adjourned at half-past 12 o'clock. COURT CIRCULAR. Her Royal llighness the Duchess of Kent visited the Queen and Prince Albert yesterday. .Viscount Palmerston had an audience of her Majesty yesterday at Buckingham Palace. Their Royal Highnesses the Duke and Duchess Augustus of Saxe Coburg visited her Royal Highness the Duchess of Kent yesterday, at her residence, Clarence-house, St. James's. His Royal Highness the Duke of Saxe Coburg visited their Roy al Highnesses the Duke and Duchess of Cam bridge yesterday, at Cambridge-house. Their Royal Highnesses the Prince of Wales, Prince Alfred, the Princess Royal, and the Princess Alice, took walking and pony exercise yesterday, in the royal gardens. Her Royal Highness the Duchess of Kent dined with her Majesty and Prince Albert yesterday evening, at Buckingham Palace. iler Royal Highness the Duchess of Gloucp,ter visited the Dukeand Duchess of Cambridge 3 esterd.ty. Major-General J. M'Donald, Lieutenant-Governor of Jamaica, had an interview with Earl Grey yesterday. Mrs. Chisholm had also an interview with the Noble Earl yesterday, at the Colonial•office. A deputation from the parish of All Saints, Poplar, consiAing of Mr. J. Carter (Churchwarden), Messrs. C. C. Ceely, and S. Turner (Overseers of the Poor), Messrs. J. Robertson and J. W. Thompson (late Churchwardens), Mr. 0. Randall (Trustee), Mr. R. Kemp (Clerk to the Trustees), and Mr. J. Morris (Surveyor to the Trustees), accompanied by Lord Ro. bert Grosvenor and Sir William Clay, Bart., bad an in terview with Viscount Morpeth, on Thursday, at the Office of her Majesty's Commissioners of the Woods and Forests, in Wbitehall-place, on the subject of the Health of Towns Bill. IRELAND. TIIE SOUTHERN CONVICTS. CLoNatEL, Mlacil I.—This being the day fixed for the execution of John Lonergan for the murder of the lute Mr. W. Roe, J.l'., and of Henry and Philip Cody, for the murder of Edmond Madden, who wore convicted at the late Special Commission, all the streets leadir k g towards the County Gaol were, at an early hour, thronged with people. It being the fair day of this town there were immense numbers of the country people present. At about half-past ten, A.M., a large detachment of the 47th Regiment and a squadron of, the 4th Light Dragoons took up their-,pesition in front of the gaol, at both aides of the drop, and had much difficulty in keep ing back the crowds of people assembled to witness the execution. At about five minutes past eleven o'clock the wretched culprits made their appearance. Henry Cody came out on the drop, and in a firm voice addressed the people for about a minute and a half, requesting the prayers of the people, but made no declaration of either his guilt or innocence ; he then retired into the reparation-room at the back of the drop. The culprits were attended by the Rev. Mr. Power, Roman Catholic curate, and, after a few minutes spent in pray er, John Louergan came out on the drop; the wretched man had to be assisted out by the Rev: Mr. Power. The hangman then fixed the rope, and pulled the white cap over his face. Philip Cody then walked out with a firm step, and after the hangman had fixed the rope, &c., Henry Cody then came out. At this time the hangman, after settling Philip Cody, was standing in the front of the dock, when all of a sudden, henry Cody, although pinioned, made a rush at the hangman, caught him, and actually had him half way over the railing, when the Rev. Mr. Power caught Cody, and prevented him, from throwing him down, otherwise the finisher of the law would have been killed. Cody was a most powerful man (the lower part of his arms were not tied). On the crowd perceiving the struggle, they began to shout and oheer for Cody, and it was feared a rescue would be attempted by the people. Philip Cody, s ho, as we before stated, had the rope ad justed and the cap over his face, on hearing the noise, tore the cap off his face and actually got the rope off his neck, and was going to help his brother. O❑ the hangman coming out again Henry Cody made two desperate kicks at him, and hurt him much. Under these circurestanc:es Father Power had them brought back into the preparation-room, and after arguing with them and praying, he at length got them to go out quietly and submit to their fate. Alt the time this was going on the wretched man Lo• nergan continued to stand on the drop with his face covered, rope tied, &c., and never moved a muscle. Be seemed to be deeply penitent. The three wretched men being adjusted on the drop, the hangman drew the bolt, and they were ushered into eternity. In falling, Philip Cody caught the railing with his hand, and held on for about a second. They all died very easy, apparently, having had a fall of nearly seven feet. Lonergan was about 32, Henry Cody 27, and Philip Cody 20 years of age. CONSECRATION OF ST. MARK'S CHURCH, SHORE. Drivrt.—Yesteiday the new church in Old-street-road, dedicated to St. Mark, was consecrated by the Lord Bishop of London, who was assisted in the ceremony by the Venerable Archdeacon Hale, the Rev. A. P. Kelly, the Rev. John Saunders, the Rev. H. Hyudman, and several other parochial gentlemen. The new church, which is an elegant structure in the early English style of architecture, and cruciform, has been built and en dowed by the Metropolitan Churches Fund, making a total of thirteen churches entirely built by that fund, in addition to forty-two others to which liberal grants have been voted. To the new church, which is situate in one of the most spiritually destitute parts of London, an ecclesiastical district has been assigned (forming a por tion of the parish of St. John's, Hoxton), under the Act 6 and 7 Vic., cap. 37. All the seats aro unappro priated and entirely free. The Bishop has licen se d th e Rev. W. Hinson, M.A., to the incumbency of the new church. " A SEWING MACHINE."—This invention has been recently exhibited at the Royal Institution. The stitches, larger or smaller, are made by " turning a screw." Is there anything new in this? On the contrary: have not English shirt-makers—sewing machines of flesh and blood—been made to work for farthings, and only by " turning a aerew?"--Pinick. LON DON, SATURDAY EVENj_Nr, MARCH 4, pB4B. PARLIAMEN TARY DIVISIONS. ( From the Votes and Proceedings of the House of Commons.) FRIDAY, MARCE 3. WAYS AND MEANS. Motion made, and Question proposed, " That the Order of the Day for the Committee of Ways and Means be now read:"—Amendment proposed, to leave out from the word " That" to the end of the Question, in order to add the words " if the Income-tax be continued, it is expedient to amend the Act, and not to impose the same charge on incomes aris ing from professional and precarious sources as on those de rived from realised property," instead thereof:—Question put, " That the words proposed to be left out stand part of the Question." The House divided : MAJORITY—AYES, 316. Abely, T. N. Fortescue, J. W. Aclaud, Sir T. Fox, Richard M. Adlerley, C. B. Freest un, Colonel Alexander, N. Freweu, C. It Anson, Colonel Fuller, A. E. Anson, Viscount Gaskell, J. M. Arbutlinott, Hugh Gibson, T. 31 Arc Mall, Captain Gladstone, W. E. Armstrong, Sir A. Glyn, thurge Carr Arun , lel, Earl of Gordon, Admiral Ashley, Lord Gore, W. O. }lnge, W. Cotillion', Henry Bailey, Joseph, ion. Gower, 1,,,,,,,,,,,; Baring, Henry Graham, sir James Baring, W. IS. Granby, Marquis ut Bate - son, Thomas Greene Thomas Beckett, Willimu Grenfell, C. Pascoe Bell, John Gremel , Charles W. hellcat, It. If. Grey, Sir G Beresford, William Grey, Ralph W. Berkeley, Captain Grosvenor, Lord R. iitAck.tll, S. W. Guest, Sir J. Bolden), llvitry GWyll, 110Wal Bolling, William Ilaggitt, I. IL Bourke, Itleisitril S. llahunt, Sir 11. Bowles, Admiral Harris, Hon. Capt. Boyle, Colonel Hay, Lord Jolot Braelvey, Vise tint Map..., Sir E. Itrainston, T. W. yter, W. G. Brand, Thomas Item:two, T. E. tireinridge. Richard Heald, Jan ie , Brockman, E. D. Ileatlicote, G. J. Brooke, Lord lieatlicote, Sir W. Brooke, Sir Arthur Henley, J. NV. - . Bruce, C. L. C. Herbert, t.tenry A. Buck, L. W. Ilerries, John C. Buller, Sir J. T. liervey, Lord A. /Sunbury, W. Iliklyart, It. C. Burghley, Lord liiiiiyard, T. B. I'. Burke, Sir T. J. Budges, T. L. Burrell, Sir C. Hodges, T. Twisdon Butler, P. S. liogg, Sir J. W. Buxton, ,ir E. Hood, Sir ..lexander Callaghan, D. Hope, Sir J. Cardwell, Edward Hope, henry T. Carew, W. P. Hope, Alexander Castlereagh, Vise. Ilernby, John Cavendish, C. C. Hotharn, Lord Cavendish, W. G. Howard, C. W. Cayley, Edward S. lloward,..E. U. Chaplin, W. J. Hudson, George Charter s, Francis Hughes, W. B. Chichester, Lord J. Ingestre, Viscount Childers, J. W. Inglis, Sir it. Chohneley, Sir M. Ireland, Thomas J. Christopher, R. Jermyn, Earl Christy, Samuel Jervis, Sir John Clements, Charles Jervis, John Clerk Sir G. donate, Sir \V G. 11. Clive, H. E. Jones, Sir W. Cubbold, John C. Jones, Captain Cocks, 'I homes S. Keogh, Williams Coke, Edward K. Keppel, G. T. Cole, H. A. , Kildare, Marquis Coles, Henry B. Labouchcre, henry Compton, H. C. Langston, J. 11. Cottony, Col. Laseelles, .7.:. Carbally, 31. E. Laseelles, W. S. Courtenay, Lord Law, C. E. Cowper, W F. Lemon, Sit Charles Craig, W. G. Lewis, Sir 'P. Crlpps, W. Lewis, George C. Cubittt, William Lincoln, Earli'of Currie, henry Lindsay, Colonel Dalrymple, Captain Littleton, E. It. Deedes, W. Loch, James Deering, John Locke, Joseph Denison, W. J. Lockhart, A. E. Devereux, John T. Lockhart, W. Disraeli, B. Lygon, Gen. Dodd, G. Mackenzie, W. F. Douro, Marquis of 3lackiuuon, W. A. Drundanrig, Vls. Macnainara, Major Drummond, 11. 31'.N lighten, Sir E. Duckworth, Sir J. IPTayish, l'. C. Dundas, Admiral 31eaglicr, Thomas Dundas, Sir I). .Mahon, O'Gorman Dundas, George Mahon, Viscount Dunne, Francis P. Maitland, T. De Pre, C U Manners, Lord C. Ebrington, Viscount Manners, Lord G. Edwards, Henry March, Earl of Egerton, W. T. Marshall, J. G. Ellice, Edward 31artin, C. W. Elliot, John E. Masterman, J. Emlyn, Viscount Matheson, Alex. Entleid, Lord Matheson, James Estcourt, T. G. Matheson, Colonel Ferrer, James Maxwell, lion. J. I'. Ferguson, Sir It. Melgund, Viscount Flo Mott , J. Meux, Sir Henry }Muer, Sir E. Miles, P. W. S. Fitzpatrick, J. W. Miles, William f itzroy, Henry Mines, IL M. Foley, John 11. Molesworth, Sir W, Forbes, William Monsen, William Fortescue, Chichester Moody, C. A. Moore, George 11. lurpeth, Viicount Mostyn, F. 31. L. 31iilgrave, Earl Mure, Colonel Neeld, John Neck!, Joseph Newdegato, C. N. Nugent, sir Percy O'Brien, J. O'Brien, Sir Ludas O'Brien, Timothy Ossulston, Lord Owe.i, Sir J. l'acko, C W. Paget, Lord A. Paget, Lord C. Paget, Lord George Palmer, Ituundell Palmerston, Via. Parker, John Patten, J. W. l'eel, slr Robert Peel, Co lone! Philips, Sir G. R. l'innej-, W. Plumptre, J. I'. Plowden, W. H. Powell, Col. Power, icholas Powlett, Lord W. Irice, Sir R. Prime, Richard Pugh. David Rawdon, Colonel Renton, Jilin/ C. Repton, G. W. J. Reynolds, John. Rice, E. R. Rich, henry Richards, Richard Rornilly, John Rushout, Captain Russell, Lord John, Russell, F. C. H. Itutherfurd, A. Sadleir, John Seymer, Henry Ker Seymour, Sir H. Seymour, Lord Shell, U. L. Shelburne, Earl of Slaney, Robert A. Smith, Verson Smith, J. A. Smith, 31. Tucker bniollett, A. Somerville, Sir W. Sotheron, T. 11. S. Spearman, 11. J. Stafford, Augustus Stanley, E. J. Stanley, Edward Strati, Edward Stuart, henry Stuart, J. Sturt, Henry G. Sutton, Henry Talbot, J. H. Taylor, Thomas B. Tenison, E. K. Temient, .J. Thornhill, G. Tollemaeho, John Towneley, John Townley, It. G. Towns/tend. J vim Trail, George Trelawny, J. S. Trevor, J. R. Trollope, Sir J. Vane, Lord 11. Verner, Sir W. Verney. Sir H. Vesey, lion. T. Wyse, R. 11. R. H. Waddington, David Waddington, H. Walpole, S. H.' Walsh, Sir J. B. Ward, 11. G. Watkins, Colonel Wellesley, Lord C. West, 1. It. Whitmore, T. C. Williamson, Sir E. Wila•a, Matthew Wood, Sir Charles Worcester, Marquis Wortley, J. B. Wrightson, W. B. Wyyill, blarmadake vaunts. Tufnell, 11. Hill, Lord .Marce-i MINORITY-NOES, 141. Adair, Hugh E. Fergus, John Raphael, Alexander Adair, R. Shane Ferguson, Col. Reid, Colonel Agilonby, 11. Iltzwilliana, G. W Itendleahaut, Lord Alcock, Thomas Fordyce, A. D. Ricardo, Osman Anderson, Arthur Forster, Mathew Itobartes, T. J. Reines, M. I'. FL x, W. J. Robinson. George Starkly, Beery Gardner, J. D. Burford, Francis Baring, F. T. Godson, 2t. St. George, Chris. Barnard, E. G. Gooch, E. S. Saiwey, Colouel Benbow, John Greenall, Gilbert Sandars, George Benett, J. Greene, Joha Scholetield, William Bennet, P. hall, Sir Benjamin Scrope, G. I'. Berkeley, H. Ilardcastle, J. A. Seed), Charles Bernal, Ralph Ils.stie, Alexander Sheridan, R. B. Birch, Sir ThomaS thistle, Archibald Sidney, Thomas Blackstone, W. S. Ileathcoat, John Simeoh, John Blake, M. J. Henry, Alexander Smith, Joint S. Blowitt, It. J. Heywood, James Spooner, R. Bouvvrie, E. P. Hindley Charles litansliclJ, W. R. C. Bright, John Holland, Robert Stanton, W. 11. Brisco, M. Hume, Joseph Staunton, Sir G. llrocklehurst, Johu Humpliery, Ald. Strickland, Sir 0. Brottterton, J. Butt, William Stuart, Lord Dudley Brown, Humphrey Jackson, WIIILun Stuart, Lord J. Brown, W. Ker, Richard Talfeurki, sergeant ilusfeild, W. Kersh.tw, Jams Tancred, H. W. Cabbell, B. B. King, P. J. Thicknesse, Ralph Carter, Jelin B. Lentia.rd, T. IL Thompson, Colonel Cavendish, G. H. Long, Walter lhompion, George Clay, James Lushingtun, Charles Thornely, T. Clitlerd, Henry M. ArGregor, John Turner, E. Cobden, It. Marsh Al, J. G, Turner, George Colebrooke, Sir T. Martin, J. Villiers, Charles Collins, William Mitchell, T. A. . Vivian, J. E. Cowan, Charles Morris, David Wakley, Thomas Crawford, W. S. Mowatt, Francis WahnaleY , Sir J. Dashwood, G. H. :hunts, G. F. Walter, John Davie, Sir 11. O'Brien, W. s. Wawn, J. T. D'Eyncourt, T. O'Connell, M. J, Westhead, J. t. Douglas, Sir C. 0 Connor, Feargus Willcox, Brodie Duke, sir James 011aherty, Anthony Williams, John Duncan, George Osborne, Ralph Willoaghby, Sir U. Duncan, Viscount rainier, Robert Wyld, James Duucurt, John rattison, James Yorke, E. T. Ellice, E., juu. Pearson, Charles Yorke, 11. R. Evans, John l'echcll, Captain TELLZI.3. Ewart, William Pigott, Francis Herman, Edward Fagan, William rilkington, James Bowling, Dr. ENGLAND. Casette.) BANK last nig ht's nigh An Account, pursuant to the Act 7th and iith of Victoria, cap. 22, for the Week endlug on Saturday, the 20th day of February, 1445. tacos DsPenrmisr. 4. 23,101,545 Government debt .. 11,015 . .108 Other securities •• • . Z 984.900 Gold coin and bullion 12,644,612 Sayer bullion 1,443,8211 X 28.101,940 I £ 28,101,940 . 1 4. MARSUALL, Chief Cashier. Dated Ole 2d day of March, liSt isasixtrio D X. Propeetors' CAplts.l. • 14,553,000 Ite.t . ....... ..• 4,739,389 L'at,lte dopt,sits (in uladlng Exchequer, Commissioners •f National Debt, Sav ings-banks, and Di vidend accoants) • • 6,417,111 atter deposits •• • • 2,550,669 Seven day and other ...„ 221,933 o tr.LITI I / 5 21 T. Government &scull ties (lucluding Dead Weight Aarmity) 11,574,921 Other securities •• • . 12,9 33,241 Notes . • .. Gold and silver cola.. 668,a 76 Z35.0)6.223 433,09,22 g MAJUSN ALL, Chief Dated tke 21 day of March. 1841 Hors AND MALT.—The total number of acres in Great Britain under the cultivation of hops in the year 1847, was 52,327. The total amount of duty levied was 394,9231. 2s. 2d. Of this sum 216,2681. 6s. 7d. was re ceived on account of old duty . account of new duty ; and 8,8034' 159,850 L 178.6 d. on es. on account of the additional duty of 5 per cent, per Act 3d Vict., c. 17. lle tq u foreignuEintity unocroßrtirtiieshs from hops exported from Great Bri tain the sth of January, 1847, to ua the sth f Jua 67,7331 b. The gross tit sive, was 457,361. The quantity of foreign hops imported quantity exported° from ry, 1 842 89. roas 1847, both years exclu into the United Kingdom in the year ending the sth of January, 1848, was 1,467 cwts. Tho total number of anlB pounds weight of hops charged with duty in the year 1847 was 45,134,3651 b. The total number of quarters of malt made between the 10th of October, 1846, and the 10th of October, 1847, was 3.663,988, viz., 3,399,859 in England, 154,169 in Ireland, and 109,160 in Scotland. The total number of licensed brewers in England is 2,184, of victuallers 58,725, and of beersellers 77,000. There are in Ireland 109 brewers, and 15,222 victuallers, and in Scotland 174 brewers, and 16,071 victuallers. A MAN MURDERED By lIIsSISTER.—A painful sensation has prevailed in the neighbourhood of Honitoa during the past few days by the circulation of a report that a man named James Harris had been murdered by his own sister, a married woman, named Mary Hooper, in the public road. Mr. Aberdein, the coroner, upon being informed of what had occurred, issued his warrant for holding an inquest upon the body. Yesterday was the day appointed for the inquiry, when it was proved in evidence that the deceased and his sister, on Satur day night last, went to Honiton market with a cartload of hay to sell. This, they effected, and then went to a public-house, where they partook of some refreshment, and deceased became inebriated. Instead of taking the cart home themselves, they sent it home by another person, the deceased itnsgining that the walk would en able him to get the better of the drink he had taken. The moment after he commenced walking, however, be stumbled and fell down in the road. His sister came to him and persuaded him to get up, but ho was unable to do so. She then flew into a violent passion, struck him several times with her fists without being able to rouse him, when at length she kicked him in a most brutal manner over the head and face. Her shoes having heavy nails in them, the front teeth were knocked out, and the head terribly mangled; so much so, that death ensued. A neighbouring farmer found the unfortunate man deluged with blood, and scarcely able to articulate. He had him placed in one of his carts and he conveyed him to his home at Stoakland, but he expired before he arrived there. The evidence being conclusive against Mary Ilooper, she was committed on the Coroner's warrant to the Devon county gaol on the capital charge. John C. Pounding, Esq., who is the proprietor of considerable property, in this county, has purchased a large quantity of clothing, which be has distributed amongst the poor on his estate, and he has in contempla tion to supply them with flax, and other seeds, at prime cost. Mr. Pounding will, we understand, attain his majority in a few months, and promises to be an excel lent landlord, and a capital addition to our resident Irish gentry.—lilonuesos MaAdarfl. OVER .JAND MAIL INDIA AND liti Pf. (From the Times.) We have received by express from Marseilles our letters from India in anticipation of the Overland Mail of the Ist of February. The dates so received are from Calcutta to the 21st of January, Madras to the 20th of January, and Bombay to the Ist of February. The period over which our advices from India extend had been almost barren of incident, at the same time that there had been an interregnum in political affairs, occasioned by the entrance into office of the new, and the retirement of the late, Governor- General. Lord Hardinge left Calcutta on the 18th of January. Subscriptions for a statue to be erected at Calcutta in Lis honour had reached the sum of 2,0001. within a few days from their commence ment, at a time of unexampled pressure in money matters. A notification had been published in the several presidencies, under instructions from the India house, announcing that the sum of 60,000/. was to be raised in L►dia by bills on the hypothecation of goods for the service of the East India Company. The advance on goods w ill be to the extent of three. fifths of the value. In the similar operations of 1842 the advances amounted to three•fourths of the value. The rate of exchange is fixed at ls. 100. per Company's rupee—an increase of 6 per cent. on the former ex change. In other respects the conditions of transac tion are the same. With respect to affairs in Goomsoor we learn that a field force had marched from Berampore upon the territory of the Ungool Raja, with the intention of demolishing the forts in that district. The Ungool Raja having refused to appear before the British Commissioner at Cuttack, had been proclaimed a rebel to the state. This step was regarded as the commencement of a Goomsoor campaign. From Lahore there is not any news of moment. The Delhi Gazette, however, states that on the oc casion of an inventory being taken of the treasury of gifts belonging to the late Runjeet Singh, upwards of two lace and a half of rupees, unknown before, were found. The Friend of India adds that the sum in question proved most opportune for the Lahore Treasury. It was affirmed that Dost Mahomed at Caubul had for some time been hoarding portable treasure, and it was suspected—at least asserted by native writers— had secret intentions of proceeding from Jellalabad to Peshawur, and placing himself under the protection of our authorities ; but it was added that obstacles had arisen to prevent the Amoer's contemplated visit to Jellalabad, the ulterior design having been sur mised and frustrated by Ms turbulent son, Haider Khan. Our correspondent at Bombay, writing upon the effect of the home failures at that place, says—" The effect here has been comparatively slight. I told you as much in anticipation some time ago. A third house has deferred payment within these few days, but it has taken no one by surprise. The two con cerns which have failed were second-rate, and lately established. hitherto much of the system of busi ness here has been as unsound as elsewhere in India. False credit has been kept up through Parsee brokers, as in Calcutta it was done by forced transactions in produce. Excepting two bead firms, every Bombay house employs a broker, who, for 2 per cent. on the sale, guarantees payment; while, of course, this broker has again his own system for guaranteeing himself, by securities and payments from the buyer , amounting to from 2 per cent. to 5 per cent. more This system may have its advantages with a sound house, as it secures from bad debts ; but if, as was the case with the houses that have gone, forced shipments must be made and the capital borrowed from the broker at nine per cent. (the established rate in such instances), the result cannot but be ultimately ruinous alike to the speculator and to the general market. As regards Bombay, the effect of the late crisis must prove beneficial. Transactions are more likely now to be of a bond fide character, based on the demand ; and the market will then offer fair re muneration. Probably, however, we are not yet at the end of the chapter of accidents. yearly 150,000 bales of cotton have gone home this season, at an average of it. the hale, and you beat know what they are now worth. You may presume that the new offers of hypothecation are not looked upon very favourably by cautious houses here, yet there is this to be said in favour of present terms—that the differ ence between the present and former advances (three fifths of the value in place of three-fourths, or a diminution of fifteen per cent.) will prevent reckless transactions, since the speculator with only sixty per cent. advance must have a good share in the purchase." The departure of the Governor of Bombay on his visit of inspection to Sinde had been fixed for the Bth of February. His Excellency would proceed to the mouth of the Indus in the Hon. Company's steamer Semiramis, and thence embarking is a smaller steamer proceed up the river to Hyderabad. Our correspondent at Calcutta writes as follows. His letter is dated January 24 : " Since I last wrote to you Lord Hardinge has departed, receiving of course the usual compliments, and leaving behind him a successor whose appearance and demeanour encourage us to expect an energetic and open-eyed Administration. The subsidized states will probably require to be brought more immediately under British influence and control, but with this exception Lord Dalhousie's labours will probably be limited to our present possessions, which of them selves present a boundless range of useful action for the ablest statesman. The revision of the law, the promulgation of European knowledge in the native languages, the infusion of a greater degree of zeal into the services, and, as a means of attaining all these good ends, the reconstruction of the Supreme Government, in which the vast realms subject to Madras and Bombay are wholly unrepresented,—all , these are subjects which press upon the Indian Go verment. " But in the mean time the melancholy aspect of commercial and pecuniary affairs has produced much dejection and distrust. The case of the Union Bank turns out to be much worse than ever was surmised by those who were most unfriendly to its manage ment. The bank has been closed, and it only remains for the shareholders to get in the assets, and by a vigorous effort to meet the demands which are press ing upon them. The bank, as a bank, is insolvent. The committee of shareholders report the liabilities to amount to 68,82,610 r., and the assets to 61,07,990 r. They recommend an immediate call of 200 rupees per share upon the present registered proprietors, and an application for a loan, i.e., a call of ,20,000 rupees upon all who are or were proprietors when the exist ing liabilities were incurred, without reference to the number of shares held by each, to be repaid after the discharge of the liabilities. The concern to be wound up under a committee who are to act in concert with the creditors, and to compel contributions by prevailing upon the creditors to proceed against those who refuse to pay the call. The debts of the Bank to be paid by monthly instalments, beginning in March and extending over the space of twelve months. The committee recommend an immediate investigation of the causes of the bank's insolvency, being of opinion that if delinquencies have been committed they ought to be fully exposed, and the principal :parties con cerned in them punished, if any instance sufficiently flagrant can be found to justify an appeal to the law. " This report has, with slight modification, been adopted by the shareholders, but it is a matter of doubt whether the most willing creditors—especially those who have the interests of others to protect--can afford to wait a whole year for the liquidation of their claims. There can, however, be no question that the scheme is an honest and manly effort to re pair the mischief that has been done ; but the creditors are exasperated by statements which are universally believed. The truth of all these matters will now have to be very severely tested. In the meantime, public opinion is most unfavourable to the late ma nagement of the bank; and the shareholders are in despair, as any one of them could be ruined by any creditor who chose to take out judgment against him on a claim against the bank. Much amazement is felt at the lateness of the Bombay express, of which no tidings have reached us. Two public meetings of creditors have taken place. " The liabilities of Lackerstein, Brothers, and Co., are stated at 15,56,000 rupees odd, and the assets 10,13,000 rupees. The liabilities of John Wienholt and Co., 3,80,000 rupees; assets, 3,84,000 rupees. The business of both firms to be wound up under inspection." The following casualties by death in the armies of India have been reported since the departure of the mail of the 16th of January : Her Majesty's Troops—Lieutenant W. H. lielson; Ceylon Rifle Regiment, at Victoria, Hong-Kong, on the 19th December. Beng:,l—Captain Peregrine Powell Turner, fil -I Native It , failtry, at Saharunpore, on 10th January. Madras—Lieutenant C. B. Bartley, 17th Native Infantry, at Secunderabad, on the 12th January. Indian Navy—Captain John Hindes, late of the Hon. Company's Marine Department, at Negapatam, on the 4th January. Our advices from Alexandria, which are to the 21st ult., announce that his Highness Mehemet Ali, who came down to Alexandria from Cairo on the 12th ult., left for Malta in the French steamer Alex andre on the 14th, his medical advisers having deter mined upon trying whether a sea trip would not be of benefit to him, as the change from Cairo to this place had brought on a slight improvement in his health. A French steamer was placed at the disposal of Mehemet Ali by the French Consul, M. A. Barrot, ho induced his Highness to take his passage in her on acount of superior accommodation and her rea diness to proceed to Fea at once. As the Pacha was gcing out all the shipping in the harbour dressed, manned yards, and fired a salute, the English steam frigate Sidon, waiting here the arrival of Lord Har dinge, being conspicuous by the hearty cheers of the crew as the Alexandre passed by. Mehemet Ali was very unwilling to go to Malta and wished to proceed to Candia instead, so that the French Consul had some difficulty in persuading him to accede to his wishes, which his Highness did only as they were leaving the port. During Mehemet's Ali's absence Said Pacha is to be Governor of Alexandria, and Abbas Pacha is to be at the head of the Government at Cairo. COMMERCIAL INTELLIGENCE. CALCUTTA MONEY MARKET, JAN. 21. BANE OF BENGAL. Disc o unt lon Govt. Acceptances (3 month s ) 6 per ct . on Private,Bitis and Notes (ditto) 10 , Interest on deposit of Company's Paper ... 8 ditto on Cash Credit Accounts ... 8 3 } „ BANK WARES. Bengal Bank ... Co.'s Rs. (4,000) Prem. 2,500 to 2,550 Union Bank „ (1,000) 0 to 0 Agra Bank „ (500) Prem. 190 to 200 Oriental Bank ... „ (1,000)* „ 140 to 150 North Western Bank „ (500) „ 100 to 130 * 500 Rs. paid up. GOVERNMENT SECURITIES. Transfer Stock paper 5 per cent....prem. 9 oto 10 0 Bombay 5 per cent.... ... die. 3 oto 4 0 Old Sicca 5 do.,according to numbers „ 3 oto 4 0 New Company's 5 per cent. „ 0 Bto 1 0 Third 4 Simi ... 15 to 16 8 ... ... New Company's 4 ditto ... ... ... ~ 14 Bto 15 8 PRICE OF BULLION. Sycoe silver, Co.'s Rs. 100 per sa. wt. 104 oto 104 10 China gold bars, „ per sa. wt. 16 12 to 17 4 Gold dust ” 11 14 oto 15 6 Spanish dollars, per 100 ... ... ... 219 14 to 220 6 Mexican ditto, per 100 ... ... ... 219 4to 219 10 Sovereigns, each ... .. ... ... ... 11 oto 11 1 Madras gold mohurs, each... ... ... 16 3to 16 4 Old gold mohurs, each ... ... ... 21 6to 21 7 THE BOMBAY MARKET. (From the Bombay Timer.) BOMBAY, JAN. 31.—Very little alteration has taken plated in the state of trade, we regret to say, since the dispatch of last mail. Money still continues scarce, and the state of the market much the same as formerly. The steamer with the London mail of the 24th of De cember arrived on the afternoon of the 28th instant ; fortunately the intelligence brought produced a favour able effect on most descriptions of our stock market. Oriental Bank Shares rose from 7 to 11 per cent. pre mium, Commercial Bank from 9 to 2 discount. The sale of Government bills on Calcutta, to the extent of five lace of rupees, which took place yesterday, averaged 98rs. 6a. 11p. per 10Ors. in Calcutta, 30 days sight. Cotton piece goods, cotton yarn, and woollens, con tinue as last reported. Metals are a shade lower than at date of last report. Cochineal—A few hundred pounds of cochineal: have made their appearance in the market, and we have heard have been sold at 4ir. per lb. Spirits and Beer—No alteration in these prices since our last. EXPORTS. Cotton wool continCesonilTe decline, there ha►ing been a fulling off of from one to two rupees per candy since the middle of the month. Present quotations aro as follows: _ _.. ................ Its. Its. Broach, Surat, and Jumbooseer ... 72 to 77 per candy Dollera ... ... ... ... 72 to 75 „ Oomrawuttee ... ... ... 75 to 77 ~ Compta Mangalore ... ... 70 to 75 „ Sheep's wool is also on the decline, and but little has arrived within the fortnight. Opium has declined since our last from 920 r. to 875 r. and 880 r. per chest. An express arrived frum Calcutta this morning with the results of the sale which took place there on the 24th inst. Pataa sold at an average of 860 rupees, 5 annas ; and Benares at 816 rupees, 4 annas, per chest. TONNAGN. Freight to Great Britain continuos at 31. 53., at which engagements are being freely made by the shippers. To China the rate is 14 rupees per candy. MONEY MARKET. _ Exchango on England, six months' sight, Is. 10d. to Is. lOid. ; three months, Is. 9d. ; 30 days, ls. Sid. ARRIVAL OF THE EX-KING LOUIS PHILIPPE. (PROM OUR OWN CORRESPONDENT.) The following appeared in our Third Edition of last night : BRIGHTON, MARCH 3.—We hare great pleasure in announcing the safe arrival of the ex-King and Queen of the French, at Newhaven. We subjoin such particulars as we bare been able hastily to glean on the subject : The papers of this morning contained a statement that the Brighton and Continental Steam Navigation Company's packets had been sent to the French coast for the purpose of bringing any persons — either Englishmen or French refugees — who might be seeking means of reaching our shores . One of these boats, the Newhaven, Captain Moore, has been cruising under orders from the English Admiralty, for several days, along the coast of Havre, St. Vallery, St. Maio, Dieppe, and Treport, as we now learn, with the special object of seeking his Majesty the ex-King. Failing in this object, the vessel was psterday sent from Havre by the English Consul there, with dispatches from the French to the English Government. The ex-King and Queen have for some days been moving from farm-house to farm-house in the neigh bourhood of Treport. They were nearly exhausted by fatigue, and on his arrival the King stated that a night or two back he thought he must have given himself up. On Thursday Louis Philippe and the ex-Queen, and a male and female attendant, who had during the week constituted the suite of their royal master and mistress, embarked in a French fishing-boat from near Treport, with the intention of attempting to cross the channel, in search of the coast which is open to the reception of distressed foreigners of all nations. At sea the party was picked up by the " Express," Southampton and Havre steam-boat, which immediately steamed for New haven, off which harbour she arrived at seven o'clock in the morning. Owing, however, to the state of the tide and weather, the captain did not enter the har bour till noon. Most of our readers are aware that the King has for many years had in the person of Mr. Packham a protegi and tenant of some extensive mills in the neighbourhood of Ville d'Eu. Mr. Peckham (as some of the papers have mentioned) was with Louis Philippe in Paris on the memorable Tuesday appointed for the Reform Banquet, up to within an hour of the outbreak of the revolution. Mr. Peckham is a Sussex man, and lives in Brighton, having returned from the active management of the business at Eu, which is now carried on by his nephew and other partners. On landing, the ex-King and Queen were welcomed by the inhabitants, nearly the whole of whom flocked out, and we re grat ified by being shaken by the hand by Louis Philippe. The King aad Queen proceeded to the Bridge Hotel, where they ordered beds, and intend to recover in some measure from the alarms and fatigues of the week. His Majesty's first act, on reaching the hotel, was to dispatch a messenger to Brighton to procure the attendance of Mr. Packhatn ; the second to write a letter to our gracious Sovereign commu nicating intelligence of his arrival. This letter was placed in the hands of Mr. Iron, secretary of the Brighton and Continental Steam Navigation Com pany, who immediately proceeded with it by special train, joining the two o'clock up-train from Brighton at the Hayward's Heath Junction. Mr. Iron had also a message to the Lords of the Admiralty, some of whom are expected to return with him to Newhaven this evening. The King, on landing, ws.B habited in a green blouse, and blue overcoat, borrowed from the captain of the Express. As a friend or the writer expressed himself, on his being asked what the party brought with them, "the King had not so much baggage as he could carry in his ,pooketn—in fact ho had not a things of clothing." At three o'clock the Hon. Captain Hotbam (ono of the directors of the London and Brighton Rail way, and chairman of the Directors of the Brighton and Continental Steam Navigation Company) 41 , started from Brighton to Newhaven ',yids i'* , :-.....,_ a special train, to visit his Majesty. One \ :;: , :‘''T--v, , of the carriages was that with extra fittings ,--- , 7: 7 3t which w as b u ilt f or th e use o f t h e Duchess 41 Kent ':' . ..::- '' -'7:71,.... , I : 1 at the ti me th a t h er M a j esty pa id occasional }f aits to ': -' ',,,. Brighton. It i s i n t en d e d f or t h e use of his M ajesty `-,:-r -_ on his departure from Newhaven. ANOTHER ACCOUNT. Our readers are aware of the manner in which the King and Queen quitted the Tuileries, and the statements which have appeared in the papers are perfectly correct relative to their departure from the city. We may here state, however, that Louis Philippe and his Consort were accompanied by General Dumas and Genera I Rumigny, Thuret (valet to Louis Philippe), and a German attendant upon the Queen. This comprised the whole of the party who fled with Louis Philippe. On leaving Paris they proceeded to Versailles, where they hired a common vehicle to take them to Dreux. Here :they put up at the house of a person on whose fidelity they could rely, where they passed the night. This friend, whom we understand to be 'A farmer, procured disguises for the royal fugitives and suite, the King habiting himself in an old cloak and an old cap, having first shaved his whiskers., discarded his wig, and altogether so disguised him self as to defy the recognition even of his most intimate friends. The other disguises were also complete. Although we have stated above that they passed the night at Dreux, they started long before daylight on their way to La Ferte Vidame, where Mr. Pack ham has been building a mill on some private pro perty of Louis Philippe. On their route they were accompanied by the farmer, who promised to see them in safety to the coast through a country with which he was well acquainted. They took the road of Evreux, twelve to fifteen leagues from Honfleur. They travelled chiefly by night, and reached Hon fleur at five o'clock on Saturday morning. They re mained at Honfleur, in the house of a gentleman whom the King knew, for a short time, and then crossed to Trouville, a short distance from the town. It was their intention to embark at Trouville, but owing to the boisterous state of the weather, they were compelled to remain at the latter place two days, when finding they could not embark, they returned to Honfleur, with the intention of embarking from that place. but the weather still continuing very rough, and the King fearing that the Queen in her exhausted condition would be unable to bear the fatigues of a rough passage, deferred his departure till the weather changed on Thursday. In the mean. time information was secretly conveyed to the Ex press, Southampton steamship, that she would be re quired to take a party from Havre to England. On Thursday afternoon the gentleman who sheltered the dethroned monarch and his consort at Honfleur, engaged a French fishing-boat to convey the fugitives from Honfluer:to Havre, and fearing that in this small vessel the features of the king might be recognised, the gentleman engaged a person to inter. pret French to the King, who, to render his disguise more complete, passed as an Englishman. Nothing of moment transpired on the passage to Havre, where the Express was waiting with her steam up, and at nine o'clock on Thursday evening the royal fugitives and suite set sail for England. The vessel reached the offing of Newhaven harbour at seven o'clock this morning, but owing to the state of the tide she could not enter the harbour till nearly twelve o'clock. Meanwhile, •however, General Dumas and General Rumigny landed in boats ; General Dumas proceed ing to London with the intelligence of Louis Philippe's arrival, whilst General Rumigny repaired to the Bridge Inn, and gave directions to prepare the best apartments, for some guests about to land on the pier. This, of course, was done ; but having ascertained that the guests were no less than the ex-King and Queen of the French, the landlady laid carpets from the entrance door to the sitting-room, and every arrangement was made to render the apartments as comfortable as their size would admit. Shortly before twelve o'clock the roy al fugitives landed on the quay, and the moment the mg set his foot on the shore he emphatically exclaimed, " Thank God, lam on British ground." Mr. Sims, the land ing waiter, who handed them on shore, conducted them to the Bridge lan. On the way thither the King was met by several of the inhabitants, who offered their congratulations on his safe arrival, and with whom he shook hands most cordially. His Ma jesty looked fatigued and careworn. - Shortly after - his arrival, Mr. Catt, of the Bishop. stone-mills, a short distance from Newhaven, who was presented to the King two years ago at the Tuileries, by Mr. Peckham, had an interview with him, and offered the hospitalities of his house. Louis Philippe thanked Mr. Catt, bat declined his invitation. He then inquired for Mr. Packham,and learning that he was at Brighton, expressed a desire to see him immediately. Most of our readers are aware that Mr. Peckham has for years been a protege of the ex-King and a tenant of his Majesty for some extensive mills, his private property, near the Chateau d'Eu. Mr. Peckham was with his Majesty on the memorable Tuesday appointed for the Reform Banquet up to within an hour of the outbreak of the revolution. He now resides in Brighton, having re tired from the management of the establishment, which is now carried on by his nephew and other persons. Mr. Packham, on the messenger reaching him at Brighton, immediately posted to Newhaven with gentleman named White, who had been in the house hold of Louis Philippe many years. The news of the King's arrival at Newhaven reached Brighton soon after one o'clock, and a special train was dispatched from the terminus to New haven with the Hon. Captain Hotham (one of the directors of the London and Brighton Railway, and chairman of the Brighton and Continental Steam Navigation Company), Mr. Founta in (superinten dent of the railway traffic at Brighton), Captain Moore, of Newhaven, &c. Our own reporter was also accommodated with a seat in the train. On his arrival at Newhaven at four o'clock, he found a small assemblage of persons near the Bridge Inn ; but no manifestation of feeling appeared amongst them. Captain Hotham and Mr. Fountain had an interview with the King, whose wishes they asked with regard to railway accommodation. Learning that Mr. Peckham was at the inn, our reporter sought him out, when Mr. Peckham at once introduced him to his Majesty. The King, who was reading an English newspaper, immediately rose and said—" I thank you, gentlemen, and all whom I have met in England, for these kind congratulations, and the hospitality which has been shown me." His Majesty had changed his attire, and was dressed in a plain suit of black. He looked well, and the marks of anxiety which had shown themselves at his landing had disappeared. He was quite cheerful. The Queen was in the room writing a letter, and appa rently buried in thought. She scarcely notic e d the presence of stra ngers . Several persons were intro duced to the king during the day. He seemed gra tified at their calling, and spoke freely and pleasantly to all the visitors. Mr. Peckham offered to receive the King and Queen in his house at Brighton ; in answer to which the King said, " Mr. Peckham, I feel much obliged to you ; but these good people of the house have treated me so kindly, and as I feel rather fatigued, I beg to decline your kind offer. I wish to wait an answer from the express to London." Before Mr. Peckham left him, the King gave him the whole of his money for the purpose of getting it exchanged for English coin and purchasing wearing apparel, "of which," said the King, smiling, "I am very short." Mr. Peckham, Mr. White, and the ex King's valet then proceeded to Brighton in a post-chaise. On leaving Newhaven, Mr. Peckham, to whom our reporter is indebted for the above particulars, in formed him that it was the King's intention to pass the night at Newhaven, and proceed to London in the morning. —Times. DESPERATE AFFRAY WITH POACHERS.—About two o'clock in the morning of Sunday last, three keepers on the estate of A. R. Drummons, Esq., of Cadlands, in the parish of Fawley, near Southampton, were out watching some poachers, having heard the report of guns, when they came upon five desperate men. A serious attack commenced, when George Payne, one of the keepers was struck desperately by one of the poache rs, named Morris, with the butt end of his g un, with which he so fractured the skull of the keeper that he dropped down as if dead, the violence of the blow breaking the skull into the braia; the gun went off at the same ti me , shattering the hand of Mor ris, blowing off . all the fleshy part, the contents of th e same g un entering the body o f the poacher, poachers, but%, e a re into ha c o u p s; who als o fell as a dead man. Th e ot h er two keepers took Smthg,otleg away;of the cus tody be°dYaatr they the time, three t et are known to the p o li ce . M orr i s , the poacher was taken to his own house, it is thought, by the three who escaped; Payn e t o t h e k eeper ' s l o dge , where he lies in such a state that there can be no hopes of his recovery, it is not havin g s p o k en s i n ce he was so • s t r uck; Morris, is thought, may recover. Dr. Warren, of Fawley, attended upon the poacher; and Dr. Budd, of Fawley, and Dr. Bullen, of Southampton, on Payne, the keeper. Morris has a wife and three children; Payne is a single man. The poacher William Smith was taken to Winchester Gaol. Payne died on Wednes. day, and an inquest was ordered to be held on his body on Tuesday next. BANN NAVIGATION.—The labourers at Carnew struck for wages, on Tuesday last. When called uron to deliver the implements belonging to the Board of Works, they refused, and used threats to officers over them. Summonses were issued on Thursday, by G. Becknell, Esq., against upwards of fifty persons for the offence. It has been stated by some of the men that they could hardly earn 6d. a day.—Banner of Ulskr. Inil I