The Sun. — London, England, 1855-11-24 00:00:00

MONEY MARKE AND COMMERCIAL INTELLIGENCE. CITY, Two o'CLocK. In the Liverpool Cotton Market yesterday there Was rather more firmness, and less disposition to sell at the extreme decline of the two or three pre vious days. The sales were estimated at 6,000 bales, 1,000 on speculation and for export. The quotations, according to the standard adopted by the brokers' association at the market, were as follows :—Fair Uplands sid. ; fair Mobile 6d. ; and fair Orleans 6id. per lb. The Railway Share Market opened with a steady feeling, which, how ever, was not maintained, and prices at the close wore rather lower than in the early part of the day. The Bank of England weekly return is to the 17th instant, and shows a slight increase in the amount of bullion which was not generally ex pected. In other particulars the statement, upon the whole, is a satisfactory one. The reserved notes show a large -augmentation. Active Circulation £19,422,230 Decrease 340,860 Bullion 11,263,224 Increase 28,786 Rest Increase 12,314 Fublic Deposits 4,110,130 Increase Other Deposits Decrease 279,323 Seven-j 5;; and other Bills In crease Government Securities Other Securities Decrease Notes unemployed Increase 982,219 39,4d9 10,124,848 17,787,150 92,414 5,239,530 356,.;25 The question of introducing a uniform basis iu the metallic currency of the Germanic Confedera tion continues to engage the attention of the finan cial circles of the Continent. The petty States look to Prussia and Austria as the principal arbiters in the matter. Notwithstanding the departure of M. Brentana for the present from the field of discus sion, these States have the question still pending between them, and it is expected that the monetary conference will be renewed again in February, 1856. This matter is one of great importance, not only to Germany but to Europe generally. It will prove a boon to all when a better description of money is introduced instead of the present heterogeneous collection of °Jim. The main question is—Shall the basis be gold or silver f Prussia inclines to the former ; whereas Austria censiders that silver would be most beneficial, and that gold be quoted as a com modity. Another financial proposition has been attract ing the attention of these States, viz., to establish a federal Bank to regulate the paper circulation of Central Europe. The petty states entertain the matter favourably, but the Austrian Minis ter of Finance has pronounced against it as interfering with the privileges and freedom of the banking in terests throughout Germany. Accounts from Munich announce that the King of Bavaria has signed signed an ordonnance which prohibits the circulation of foreign paper money in his kingdom, in consequence of the recent de cree to the same effect by the King of Prussia within his dominions. The Paris Stock and Share Markets opened heavily yesterday, and declined during the clay. There was every disposition on the Bourse to establish the 3 per Cent. Rentes at the previous high quotations, but speculators for the rise failed 111 doing so, and they fell 20c. for money and 10c. for the account. A fall of 25c. took place in the 4i per Cents. Tho English Stock market has been without animation to-day, and prices have ruled heavy at the lowest range of yesterday. The effect of the Bank of England return is counteracted by the increasing stringency of the money market. Con sols for transfer close at 881 for money, and 8A for account. The New 3 per Cents. have been 87 to 87i, and the Reduced 87i to 871. Bank Stock is 209, and India Stock 224. Exchequer Bills have been lls. to Bs. discount, being rather higher. In the Foreign Market there is very little change to notice, except in the Turkish 6 per Cents., which have declined to 80i and 801. The New Scrip is steady at 31 discount. Spanish 3 per Cents. are firm at 38/, the Now Deterred at 20, and the Passive at 6k. Equador remained at 5. Chilian are marked 99, and Brazilian 5 per Cants. also at 99. Nothing was done in Dutch Bonds. The following are the nominal prices of foreign stocks : Grenada Deferred Bonds, 61 to 7 ; Mexican, 191 1 ; Peruvian, 74 to 76 ; ditto Three per Cents., 52 to 54; Portuguese Four per Cents., 4i to 46 ; Russian Five per Cents., 94 to 96 ; ditto Four-and-a=nalf per Cents., 85 to 88; Spanish New Deferred, 19/ to 20; ditto Three per Cents., 381 to /; ditto C.,‘rtificates, 4i to 49 ; ditto Pas sive, 53 to 61,-. Railway Shares have ruled very dull, and gene rally at a slight decline. Caledonian, North- Western, and one or two others were about ss. lower. South-Western and Great Western ruled. firm. Foreign Shares were without any particular change. In the Mining, Banking, and Miscellaneous Shares the business transacted was without any feature of interest. BRITISH FUNDS THIS DAY AT ONE 0 CLOCK. (From the Oiricitil Lit. lll:Nines, den. Bank Stock 3 per Cent. Reduced Annuities B7} i 3 per Cent. Consols Annuities mg N 5,7 3 per Cent. Annuities India Stock India. Bonds, £lOOO Ditto, under 21000 5 d Colaola?or Account . BBi Etclicquer Bills, lid. £1000 2500 ll a Small 3 8 d Itzehequer Bonds 1858, 3i per Cent.... 98i 71 Ditto 1859, ~ ... 984 7i PRICE OF FOREIGN FUNDS AT ONE O'CLOz K Brazilian Bonds 5 per Cent. .. 99 Ditto Small Chilian Bonds, 6 per Cent .. 99 Equador Bonds S pmish Bonds, 3 per Cent 361 Ditto New Deferred, 3 per Cent. Ditto Passive Tnrkihh Bonds, 6 per cent - Ditto for the Account Ditto New Scrip, 4 per Cent. Ditto for the account . 80i a Dividends on tIo atovo payable io Madam TWO O'CLOCK. Consols Ditto for Account Dec. 6 CITY OF LONDON THILITIIII.—The grand oper a at this eastern establishment has completely taken the neigh. bourhood by storm, the house being crowded to the roof each evening. Mr. Augustus Brabam, Mr. Leffler, Mr. Haines, Miss Rebecca Isaacs, and Miss Dyer are n i g htly rising in the estimation of the e as t- en d ers : The operetta of The Quaker, introducing Mr. Leffler as the Quaker, who will sing his popular song of the " Lads of the Village," will be played on Saturday, Tuesday, and Thursday, thus presenting a phalanx of attraction cer tainly never witnessed with such artistes in a minor theatre. We understand the grand opera of Maritani is to be produced most splendidly on Wednesday next. Messrs. Johnson and Nelson Lee deserve well of the public for their spirited management. COURT-MARTIAL. --At a general court-martial held at camp near Sebastopol, on the Bth of Nov., by order of his Excellency General Sir James Simpson, G.C.8., Commanding the Forces, dated the 3d Nov., No. 3,461, Private Stephen Hayes, 68th Regiment, was tried upon the following charge :—" For having, Camp before Se bastopol, on or about the 9th day of Feb , when on guard in the trenches, deserted to the enemy from the 68th Regiment, Light Infantry," of which charge the Court found the prisoner " Guilty." Sentence.—Tlie Court, having found the prisoner guilty of the charge preferred against him, which being in breach of the articles of war, and having received evidence of his gene ral very bad character and of his previous convictions, do now adjudge him, the prisoner, No. 3,461, Private Stephen Hayes, 68th Regiment, to be kept in penal ser vitude for the term of life, in such place as one of her Majesty's principal Secretaries of State may from time I) time direct. AN Acraiisa ox FIRE.—On Tuesday evening last an accident, which might have been attended with fatal re sults, occurred to Mdlle. Julie at the Plymouth theatre. Shortly after she bad appeared in the introductory bal let in the fairy extravaganza of the " Good Womsn in the Wood," her dress accidentally caught fire, and the materials (tarlatan) being of a light combustible nature, she was almost instantaneously enveloped in flames. Mr. Newcombe, on seeing the accident from the front of the house, where he happened to be standing, hastened to the spot, and succeeded in throwing Mdlle. Julie down, and the fire was extinguished. She is now recovering, though severely injured. 5 5 10 25 , 12s 10 TELE SUN, LONDON, SATURDAY EVENING, NOVEMWEIR - 24, 1855. RAILS/ATI; Compan: C oelue nice, yester Buq'ne,ss this day. London N. Wc , ,Kt. L.&N.W. ..laledon... E. Un. E. C E. Count. Caldonian. Do , Gt. Westr. Irk. Now. & Berw. Y. &NM. Do Do S. Hasten D 0... all all 10J 1.00 Peto &Co, Norfolk Do & N. W & Mitild. Stekton & Darlingt. 31idlaud.. En. Coun. E. Count Do all , all IB' D 0.., L. & N.W Do Gt North') Lancash York sh. T. Brassey I. MClcan Stockt. Dai ingt Do lt W3B tn. 90 - 93 95 - 300 12S - 132 ••• - ••• 103 - 105 12 3 / 4 -- 13 115 - 120 2i - 26 83 - ill id it 56 58 ••• - ••• 128-12 7i - 81 3 - 2i 29i -- Boil 83 -- 85 ad LAW INTELLIGENCE—(This Day.) • QUEEN'S BENCH. (Sittings in Banco, before Lord Chief Justice Campbell, Justices Coleridge, Wightman, and Erle.) THE QUEEN ON THE PROSECUTION OF CHARLES NORWOOD, A PILOT, V. THE MASTERS OF THE TRINITY HOUSE. The Attorney-General appeared to show cause against a rule nisi calling upon the Masters of the Trinity House to show cause why a mandamus should notissue against them commanding them to reinstate a pilot named Norwood, a Cinque Port pilot of Deal, whom they had discharged on alleged intoxication. The learned Attorney• General said the pilot was originally appointed by the Lord Warden of the Cinque Ports, and two questions arose : the first whether the court could possibly interfere in this natter ? and secondly, whether on the merits of the case the mandamus ought to go ? Authority was vested in the Trinity House by custom, the authority of the Crown, and various statutes, to use their discretion in the annulling or revoking the licences of the pilots. Lord Campbell—Are we asked to consider whether the members of the Trinity House did right or wrong in exercising their discretion under the acts of Parliament ? The Attorney-General said that that was what was asked. Lord Campbell said if the Board had heard the case against the pilot and had adjudicated thereon, the court could not compel them to review their decision. Sir F. Kelly, who appeared for the pilot, said three points arose in this case : first, that Norwood had been dismissed unheard and without a trial ; secondly, that he was dismised without cause ; and thirdly, that under the various acts for the regulation of the pilots the Corporation of the Trinity House had no power to dis miss a pilot appointed by the Lord Warden of the Cinque Ports ; or, at, all events, not in the way Norwood had been dismissed. The Attorney-General having detailed the merits of the case, Sir Ti'. Thesiger, with whom was Mr. More, were heard against the rule. - Sir F. Kelly said the applicant was appointed pilot of the Cinque Ports in 1837 by the late Duke of Wel lington, who was at the time Lord Warden of the Cinque Ports, and from the terms of that appointment it was an office given to a person who had established his competency to discharge the duties of the office so long as he behaved well and was competent to discharge them; and, in pursuance of that appointment, he had exercised the functions of a pilot, and been a member for eighteen years of the society or brother. hood of pilots, and paid 2001. towards the super annuation fund of that society—a society which had been in existence from time immemorial. The words of the licence were that the pilot should continue his office s i long as he should be found capable of properly exer cising the same, and "fully conform himself to the bye laws, rules, orders, &c.," or " until this licence shall be annulled, superslele:l, or adjudged to be forfeited by the Lord Warden, &c." The proposition he (the learned counsel) contended for was that it (lid not appear by the acts of Parliament having reference to the pilots and the Trinitj -house that the powers granted to the Lord "Warden were not transferred from him to the Trinity house ; but, supposing such was the case, the proceedings fur the Lord Warden to adopt on a complaint being made to him against a pilot was to try a hearing, trial, and judgment ; not certainly according to the forms of a court of justice, but such as would give the party ae cus d as opportunity of hearing the charges made against him, and of producing evidence on his behalf in answer to the charges so made. These acts gave no appeal, and it was only reasonable to suppose that a man (who was by these proceedings ruined for life) should have the opportunity of proving his innocence. This appoint ment was made before the change relative to annual licences. Mr. Bramwell, Mr. Collier, and another learned counsel having been heard on the same side, The Court took time to consi ler their judgment. THE BIRMINGHAM GAOL CRIIELTIES.—This is the day appointed for the bringing up of Lieut. Austin, the late governor of Birciinghatn Gaol, for judgment, in re ference to the cruelties practised by him towards the prisoners under his care in the above gaol. Should the defendant be brought up and sentenced, we shall give the result in a second edition. CRIMINAL COURT OF APPEAL. THE QUEEN V. GORDON. This morning was appointed for the learned judges to give their judgment in the appeal of the defendant against Lis c mviction, relative to his not surrendering to his bankruptcy. The defendant was a partner with a per son named Davidson, against whom indictments will be preferred at the ensuing Criminal Court relative to forged warrants. On their lordships taking their seats, the Lord Chief Justice said they should wish the case to be re-argued, and appointed Friday next for that purpose. POLICE INTELLIGENCE.—(This Day.) THAMES. SHAMEFUL OVERCROWDING OF FERRY•BOATS. IM PORTANT TO THE PUBLIC. —ln consequence of a complaint made to Mr. Ingham on a former day of the shameful overcrowding of the ferry-boats between the Isle of Dogs, on the Middlesex shore, and Greenwich, on the Kent shore, the magistrate directed inspector Smith of the K division to make inquiries on the subject, and call the attention of the Court of the Waterman and Lighter man's Company to the evil. This morning Mr. Gillett, beadle and inspector of the company, who was accom panied by inspector Smith, waited on Mr. Ingham, and stated that the ferry between the Isle of Dogs and Greenwich was a private one called Potter's-ferry, and leased to a company. There had been continued litiga tion about that ferry, which originated in a grant of King James the First, and had been most injurious to the public interests. Complaints were made by the harbour masters of 'the overcrowding of the boats by the watermen who leased Potter's-ferry, and they referred the matter to Mr. Evans, tbe superintendent of the Thames Police, who was unable to repress the evil complained of, and said that it was a question of law. He (Mr Gillett) had received instructions previously, and had waited on the watermen working the Potter's -ferry, and warned them of the dangerous practice of overloading their boats on a stream where large and small steam ships were in constant motion. The Potter's-ferry watermen said they would do as they liked, and carry as many as they liked. He then laid informations against three of the watermen, George Harvey, for car rying 21 passengers in his boat at onetime, Thos. Keys, 12. and Wm. Giles, 16. Mr. Ingham—How many can their boats carry in safety at one time? Mr. Gillett—They all navigate skiffs capable of carry ing eight persons only in safety. The company would have licensed them for eight persons only. The three men were summoned to the court of the Watermen's Com pany for violating the bye-laws of the company, and they were all committed. The defendants had appealed to the Quarter Sessions against the convictions, and it was expected the case would be turned into a special one for the Court of Queen's Bench. Mr. Ingbam—Then nothing can be done to remedy this fearful evil at present. Mr. Gillett—Nothing, sir ; but the public have in some measure the remedy in their own hands. The week be fore last an important case was heard in the Court of Queen's Bench respecting the " Newcastle plying-place," $OO yards below Potter's-ferry. The proprietors of that ferry claimed the whole island, and contended that it was illegal to carry passengers from the Newcastle plying place, which was constructed by Alderman Cubitt on his property, where be has built a new town. The judges decided that the Newcastle plying-place was out of the jurisdiction of the Potter's-ferry, and qualified watermen free of the company had a right to ply for hire there. The Newcastle plying-place is marked by the company. The watermen plying there are subject to the rules and regulations of the company, and dare not.overload their boats. Mr. Ingham thanked the beadle of the Waterman's Company for his explanations, and said if any accident arose to persons or property by the overloading of the Putter's-ferry boats the owners of the boats would be liable to serious consequences. FRAUDS IN RUSSIA. The Pays publishes the following letter, dated St. Petersburg, Nov. 11 : " In my letters I have often alluded to the fraud and rooted,corru pti i n t n ex w t l e i n ic d li s is the widely t deat h to of ev ß er u y ssi b a r . vice of th e C zar ' s army , th a t th e t roo p s , d es pit e th e evil efforts of the Sove re i gn , era i n wan t of n early every thing. I was assured a few days since that Alexander 11., despite the usual mildness of his character, got into a regular fury on learning what took place, and resolved to act with extreme severity against any person, no matter what his rank, found guilty of fraud. I know the country well, and all his power will not be of any avail to put a stop to these abuses. The evil is too deep rooted in the Muscovite soil. All will combine together to deceive the most vigilant eye. "The subjoined few facts of recent occurrence, the ex actitude of which I guarantee, will show you the extent of the evil. " A Livonian officer of very good family, intrusted with the provisioning of the army in Tauris, went from province to province buying oxen, cows, and sheep, which he bad sent to Odessa and Chereon. _ . " Wishing to make a rapid fortune, he hit upon the fol lowing fraud. He proposed to some of the peasants to leave them their cattle for a consideration agreed upon. The cattle were booked as delivered, and he gave a false receipt for the price of them. He theta put them down as died on the road.' By this means ho pocketed— first, the money of the peasants ; secondly, the money of the Government. It was clever, but not honest. Sus picions were at last aroused. When it was mentioned to the Czar he would nut at first believe that one of his superior officers was capable of committing a crime the consequences of which to the army were incalculable. The rumours, however, grew so loud that a serious in vestigation was ordered. The officer was commanded to proceed immediately to head-quarters at Odessa. He was not so slow as net to smell a rat. He felt some hesitation in obeying the order, but overnight he hit upon a plan, and, while staying at an hotel near Odessa, his r.,oin caught fire so cleverly that the flames, which purify all things, destroyed the accounts. Ile arrived at head-quartt rs with a certificate that his papers were burnt. What more could be exacted ? We are assured that the fire spared the roubles in his pouch. He was acquitted. Poor fellow !as Moliere would say. Another anecdote, the truth of which I will gua rantee : "A dealer in fLur, in the vicinity of Kiew, provides some thousand sacks of flour to the commander of the place, and asks an exorbitant price., He is refused pay ment. He is brought up for usury and fraud. The affair is a serious one ; be is liable to a very severe penalty and a journey to Siberia in perspective. He was as calm, however, as if his conscience was pure and his cause a good one. At the appointed day he appeared before the judge, and proved by his books, A pins B, that to accept the supply the officers had exacted for themselves 80,090 silver roubles, or 240,000 francs. Very flattering this for the officers of the :Russian army! The trader was acquitted and his honour saved ; the money was paid ; he gained nothing by the transaction. "Everywhere, at the very steps of tha throne, the most audacious robberies are committed. The Emperor Alexander I. said that his sailors would steal his guns it they dared ; Alexander 11. observed the other day that his attendants would steal his breeches if they had the opportunity. The following gave rise to the obserVation: —Among the Emperor's household there is a Chamber lain silversmith, who has the care of the Crown plate. He has a dozen tchinowichea' under him. For some time these gentlemen have amused themselves by passing the plate through acids, by which process a considerable portion of the silver was taken off, which they afterwards transformed into a solid state by a chemical process. This robbery had been carried on for a long time before it was discovered. But as all were equally guilty, no culprit could be found for want of proof. The Crown plate has been ordered to be melted down and recast. _ _ "The bourgeois And merchants are not personally sub jected to the recruiting tax, but they have to pay 500 f. for each recruit asked from them. Thus they pr.vide as many soldiers per thousand merchants as the nobles provide per thousand peasants. This tax brings in a considerable revenue to the Crown. Toe number of merchants in the whole extent of the empire amounts to about 150,000, and as the State has alrearly levie3 about 60 men per 1,000, it results that the merchants have had to pay about 400,001,000 f. Thus, however good Russians they may be, the bourgeois are beginning to find the war taxes somewhat heavy. " The populations who suffer most from this state of things are precisely those who entertain the least sym pathy for Russia—for instance, Finland, Livonia, Estlio ma, Courland, Poland, and the Southern provinces, which are almost exclusively inhabited by Tartars and Mussulmans. The provinces of the Baltic particularly are weighed down by taxes. Whatever may be said about the Russian party carrying on the war to the last man and the last rouble, the Government will have to consult a little the Catholics, the Protestant 4, and the 141ussulinans, who, united, form more than one-third of the population of the empire, and who have certainly a right to be heard i❑ the matter." MARKET NEWS.—(This Day). SHARE MARKET S. (THIS DAY.) RAILVTAYS. B uLw2 T. Olosing Prices yesterday. 22 - 3 31 - 3j ... "..." .. 74 - 7i 16 - 15 13 - 14 9 - 8 80 - E 5 55i - 561 lli - 12/.., - 4 4,1 5 - 6 11 - n 27 - 29 17 - 13 E 7 - 68 49 - 51 91- `ii 16 - 17 77 - 79 6 -6! 86 - g 7 71 - 72 17 19 101 - 1(3 494 70 - 6- 7 l 6 - 7 75 - 751, as• • - 93 - f 45 - - - - 4 84 - EN - 7 64 ` 5 7th - 22 _... in 63 :3G - 38 .„ -- se .1.1 ... ~D, I - 7 14 ... - ••• 43 - 45 26 ... 27 67 68 8i 8 n 5 11 12 44A 45i 92 97 Si - 8 4i - 5i •••P ...." .o 'OO 101- 74 75 42 44 101 11Al 562 574 302 31. 5 21 pa,l .. ""' • • • ....' • . .. - 183 I'4 19 21 4 - 6 A.Lordeen.. ~„ Ambg. Wottrg. 'Dom and Eastn. Junot Belfast & `Wo:Te :12 ;. Stour Velic,• Biri ouhd. Laucti— & Cheshire June Do. Chelb. u Eirk., £5O ttnd £25 Cons Do., ,Z 29 Rlyth Tynt original £25 tiled.. at .£45 . : grist& and Ezeter... Caledonian Caren. and CAT digan Chester Zi *Cork and 11,ndon ' Cork, Back, & Pas: CornwAV Do. A Do. a isfl JP lac tion Duolirl.ftzßeliastJune. Dun. P. (.1 Jnc. Do. East AA Easton , . Counties East. T.T0:111, A. BtL p B. Sti). Do., New A. East Kent te,ast I.43.neashire tlAinlinrgb d. Glasgo , Edinb.r.nd Peebles. Edin. Pr orth Az Clyde Jun ! Furness Do. Extension Glasgow h S. WO Great N. of Seotlnd. Great Northern „. Do., A. Stock Do., B. Stock !l t. Sth. kWeat.(lre-) Great Western Do. Stotr Val. Raft Gus. Stk Irish South-Euler ' Lancaster & Carlisic FDo., Thirds New Thirds andYorklit • Wat. (ling . Li?. CirS•by. Sollthrt I Lindon aZ Elackwar Loml.l3right !ton& and N. Westia.. Fiftha . _ 'D0.10Z.1311,11M8 C 1 ;Do. I , llghtias . I London andS. Westh Do., £5O. Do., £4O Lnilndrry& Coleniq , Ludndrrr. & Ennisk , r taneh.Shef. k Lineb Do. Shares, No. 1 M an. flz, Lin. Um Metropolitan ... Midland Do. 'lin:mg. &Derh Widld. G. West. (Ire, • Do. Half Shares._ Noweivale& Carlißic Nwpt.Aberg.&ll6l !tieurry &Enniskillei , N'ewry and Rostrevor,. . Norfolk Nortbn.ComiticUn. North North Devn, NO. Do., No. 2 ..... Do., A A DoiOareo 'Do., B OziamEtc,o , ' N. Eastern—BersyLl . Do. do. EztorA 1: Do.do. Co. Leeds Do. York North London N.StS.Watrn.,LiEzn7 stead, and City JTI. North Stafforcia!lik , 'forth Western S. Wrsti.n. June !..it neaton, ll inukley and Lc ic ef.A. ter .. )z, Wolv. errteraonth ieottish • Thropshira ;oath Decou kith Za.l. tern Mouth Wv.los . Yrksh. niv 7 )3" ....... k o 1 tockto & Darii ........ Do. N. rL , Anr,3 iia 1 . %8L R ITlver&toue Laace Vale of Noath„..„ \Vaterfd. t.t.; Ki4enny WsterfordelLlmeri , .:l , WOSt CO , IIIVZi '.iest End of Daneloll' and Cryntal PAID)9 Do. A ....... Do. B . Wort London imbiorin Ec Croydon Do. 5 p.c. Oblgs. con. in Sh. at par till '64 Ardcaues June rkz , . , ;:ze to Grai ss, , Faa gomba7, Pavotia, ("4 , ntral IncliatScri) Do. Outicntr3 D-atch tthenl9ll f7,,,stern of Franco Nt"'V Igazt g. 5 p. e Do. Do. do. do., '59, do rv_ of Canld.,,A i s Do. St. Lawrence Atlantic do. ...... Do. Cart. of Dcben. con. into Stk.. till Do. Comp. ep. c., do Ot.Celitralof Fran (it. Indian Peninsuls guar. 5 per cent Do. New 5 per cent Do. Extensions Great Luxoinborr, Constituted Shlize, Do. Obligations (it.Westorn of Can?.,? Shares ......... Do. New Do. als., payablc , 's7,' with option till '55. Do. do., '62, r . Do. do., '7l, p. Dc.. do., '73, withcnt option Fiarsiitou & Torcatc. Do. 6 par cent....... tAke & Fca,de Lierre and Turnhout Lyons and Gencw ! Lyons & Moditerran Madras Do. New (aria Do. do. New "Sfamur vitl intorert) no. (ex intartzst) gortharr. of France. D0.20t. she :30. 201. 3 p. c BALE (fray.B. tc.z Arns.Shs. 4ortvogianTrunkPre Paris anti Lyons Ditto Bonds Paris and Orleans Paris and Rotwn... • ll'arisCazn Cherbrg. Do Rome and Frascati aoyal Danish Royal 9. wecliWl Do. Obligation 3 Mb ft r,rdi Cti p. cant. Fref Sciude Do Southern of France qt. Andrew's and Qaebee West I.jrs Do 54 per c. Prof._ Tetcili of Franco... Do ~ ,TOINT-STOI A.ustrz.la.3la . Bank of London ..... Sri. Co!. ilk.& U . '_;ritish N. Amaricar 'that d. Bank of Asir. Chrtd. Bra. of India, Aubtralia, & Chin' Ci ty................... Colonial ................ Coiitnorcialcf Loud. Elug. Q .; oo t.&A.uP.Cht. Load. Cihart. Bk. of Au5tra1ia............. Ditto Now ............. .... - tendon and Count y .. : TAnd &B. Bnk g. Corp. London Joint Stock.. Lon.d. & Westminste gatioual Pre.of Eng. Do. Now . . National of Trelsud, . New South Wa1e3.... (:)rieutal Bank of Corporltion ....... etovincial of Troir,s(l 7 Do. New ............. Royal Australr..M?,. & Onlrl Tnip Royal British South AnetraliA ...... Union of Anstrths... Do. hew Union o. London ;mN. 7# -- 7 2 P 4,1 4 2 d par-- i 11 - la 35 9 10 r. 201 21 11 to 14 - 1.5 60 - 65 $0 -- 85 3J - 5 51 --ei in 3 - 3il 9 3 ..... 3 - , 4 21 . - 92 - 1 P 98 - ICO 101 - 103 103 - 11`Z 100 102 1 -- 23 101 - 103 .d I 5 i CiP 19 191. 7 9 2 3 4 4A 5 1.1 O5 44 - 951 13 - 45 ... - lir" j:6 - 20 2i - 211 • - - 81 ••• P ... - pm 29A -30 y 1 ii - 16 i IX BANKS. 90 - 2 54 - L 6 .•. •• • d 6 .4 • • - ••• 16 is 104 2 1 d P -- 2p ••• 3 . 3 . -- 38 33 --; 40 52 - 54 ••• -- ... 39 - 41 71 - 73 8 9 30 4 - , 31 Bmtinun d(.9 9 this dAy. 83 55} i i PREFERENCE SHARES. •Lberdeen Do. N 0.2, 7 p. c... ;17th and Tyne 10 pct c. pref. (issd.:tt 50/ & Ex. 4 p. c. St Do. 4 p. e. Shares Tialcdoidan £lO 7.llester & Holyhea , ] Guar. 5i per cent Do. do. Pref. No. 2.. Do. do. Pref. No. 2 Cork &Band ons p. e. Dun. Prth .& Aber. J. .Anglian CIA. A Sh Do. do. Ole. B 6 p. c.' Do. do Ole. C 7 p. c. astern Counties Ex- 108 - 110 104 - 106 90 - 92 92 - 94 15 - 16 5i - 6 tension, 5 p. c. No, Do. No. 2 . ...... i— i I par f 1 ►li 124 Do. New 6 r. c. St East 15n., G. 6 p. c. Do. 5/., 10 per cent Do. 101. Debcfntr.Sh. Do. do. 4 per cent... La.neash. 6 p. ! 4 !. &W. York. J. sths Prth.&Dun.4p.e. Furness 57 - 59 5.W.G.5 p.c. Great Northu. 5 p. c 00.. 5 p. c. Redeem at 10 p. c. pram.., 41 p. c. Do. 5 p.c. Scrip, Red. it 5 p. c. - •• Gt.N. of Scot. lat Pre Gt. S. W. (Ireland,' Do. 4per c. Prof. '3 It. West!. (Derk 3 ffants Ex. 5 p. c) Do. con. red. 4 p e e Do. con. red. 4 p. c Do. irred. 4p.c. Do. Birm. Pref. Sh Do. Chester 8 p. c.P. S. Do. do. 5 p. c. do Do. Birm. Gua. Stk Do. Chcs. Gua. Sh Do. do. do ifi - 114 104 - 106 95 - 98 id i , 91 -9/ 6-6 85 90 80 85 60 85 94 10 15 164 94 10 67 —69 17 18 8i 9 124 134 id 130 132 Do. do. do Lan. &York. F. £2( Do. 6p. c. St. .. Lon. &Brig (1.5 p.c. Do. Prof., 5 p. C. St no. New Guar.6 p. c. Do. do. 5 per cent Lon. &N. W., Coy. Nuneaton 5 p. et Lon. & S.W. 7 per et Londy. & Color. Sh. Londy. & Ennis.. Sb Wan., Shef., & Lin Now, £lO Do. £6 Warypt .& Carl . 4 p De. 43 per cent Do ••• ..... .... ......• _..- ......pi 12i -- 13 i - 0 Consol.6 p.c.St Do. Consol. Bristol Pim. 6 per cont Do. 4i p. c. Pref. S ,Do. Pref. 4.i per co , : (Ditto 51. Pr.?. 4 p. c. L. & IL Prof. St Ntorfolk Detenture Do.Praf. 4 p. c. Stoo Do. 5 p.c. Eat Do. 5i per ct. pref._ IDo. Way. Val. 5 p. e INorth British 129 - 13' 92 - - 1 4 - _ • E . Pen., ' 4 p.c. P. 1. 96 - 98 88 - 21- 3.1 Do. do. do Do Leeds 6p. c Do. do. Quarters 4 Do. York 11..& Pur. North Staffordshire. Oxford, Worcester, Wolverh. Xl5. 6 p.c Do R. Pref. 101. Sh. ~ - ~~ 93 - 97 Scot. Coot. ,Now Pro Devon -13 i -- Par Do. fixed,4i per cen' S. Eastern (Readial. Amu.) of £1 Os. ed. Do. 4,;, , per cent...... Do. Fixed 4A p c S. Waleo Gun. 4 p. c. Do. In. 4k p. c....... 3.Yorksll.4p.c.Guar. Stock. &Dar. , 5 p. c. D o . do. do & itartl. g. 6 P. C. till July 1, % , V' ..terfd. & Killr. 6 p c - 9) - 93 9 --- 94 ••• - ltp '2 - 2': MINES. 1 ail , '...,01, 'aria ..... .. i ... 4 1 all knglo Auarin. Gold ... ... ... 10s all Angl e Califorul>zu I I. - 4 20 6 tustralian t i 1 all tustralian 0-rdillen ... .. 1 all Ave Maria -- 1 , all Baden (Gd•Duelly of L i 50 all silamarvon Iron and Coal . ~ 20 14 i'lritish Iron 44 54 . 35 26 3razillanlmp.(i&:sue,(l at ;25 pm.) 30 all Do. Comes & Cuiab 2i • 3 1 20 15 Do. St. John Dcl Roy 30 —32 1 i •Marmdon Cons. Min Co. of Jamaica 'ld iP 40 all .)obre Copper ... 5 1 Colonial Gold .l _ # St. all :loppor Min. of Eng 27 32 x d 25 all Do. Prof. 74 p. cent 3 ld ... is ;'opiapo. l9 21 2 15 iPortima par —iv 20 all 3eneral l3 —l5 1 all lt.Nugg3tVeinßeg 4 $ 41 all Great Polwooth 5 all Gt Wheal Vor United 1 die par 1 all Liberty A - il r , 3 all Linares 7l ri 5 14 Lusitanian 4 1 i• 1 all Aariquita . ..... 5 a 1 all New Granada il h 1 all Nouveau Monde 4 I 20 all Pontgiband Silve) Lead Min. & Smelt. 13 14 5 I Port Philip 4 1 all Quartz Ro c k 4 -- $ 50 all Rhymney Iron 2l 23 15 all Do. Now 6 8 30 12 , " lantiago de Cuba..,. 3 4 I. all 4outli Australian 1 all Do. Scrip a 2 1 4 Do. 10 per cent Pref ... ... 10 0 Pin Croft - 4 281 all United Mexican 4 44 1 all Waller 4 1 all West Mariposa 3 12s Worthing Mining n Australia 1 oil Vuha..., ...... ........., .., .... MISCELLANEOUS. 25 1.7- Australian Agra_dt. 255 26 26i le al iklls:,raln., Royal Ma; ... .. 5 1(1 84 Berlin Water W or k s 7 74 It d 50 40 !!.rit. American Law . ... ... 195 324 Cans.da .. 3O 135 St. 100 Canada Gov. 6p. et Jan. aria July lO7 108 .03_4 5 all Crystal Palace..,... 2 21 24 5 5 Do. Preference..,.... 45 44 . 4 all Crystal Pal. of Franc , ... .. 1 $ Dusto n Iron Ore ... _ ... 20 11 Eastern Steam. ••• . 5 all En.&Aus Cop Sm Co 14 li 25 24 Electric Telegraph l7 18 174 1 all Electric Teleg. of Ir ... ... 5 all Gen. Iron Sc Collier ... ... 15 14 Gen. Steam Naviga , ,.. ... le , all General Screw &eau ... ... k:0 10 Irish Beetroot Suga ... ... 20 10 Magdalena St. Navig ... ~.. 10 all Mediteran. Elec. Tel. 8 10 10 9 AexicaukS.Amerien. 51 64 6 1 all Nat. Pat. Steam Fue . ... ... 10 5 Netherlands Land l4 li 10 all Do. Do. 5 1 Do. 8 peP iss atl d 1 dill— par 2 1 N. S. W. Coal &Inter Steam Navigat. Co. ... ... 100 80 New B. &N. S. Land ... ... 1 all N. B. Australasian $ 4 20 15 Nrth. c)fEuropeStaan ... ... 1 all Oriental Gas 4 Ii 1 2s. Do. "New Shares" ... ... b all Peel Rr. Ld. & Mine. 2 24 50 all Peninsnlar&Orienta ... ... 68 9 50 10 Do. New 2 all Portland Iron C 0..... ... ... 100 60 Royal Mail Steam , 1 all Scot. Austral. Inwst lf 11 1 4 Ditto Now 255 all South Austral:Lan: l 34 3 6 1 all Sabmar. Tel. Scrip 4 4 1 all 00. Regist"nd 20 5 Prust& L. Co.U. Can ... ..... 100 284, Van Dierao Land 13 E 16s LLOYD'S SHIPPING.—(This Day.) LolmoN, Nov. 24.—Wind this day at noon, S.W. ; light, with rain. (PEE ELECTRIC TELEGRAPH.) LIVERPOOL, Saturday Moining. Wind N. Arrived—Ranger, from Gottenborg; Arabia, steam transport, Portsmouth. QUEENSTOWN, Nov. 22. Wind N.N.E. Arrived - Isabella and Ann, from Syra ; Rio, Alexan dria. Sailed—Milano, for Hamburg ; Conqueror, Antwerp. (BY BIIRMAIZINE AND BRITISH TELEGRAPH:I GRAVESEND, Saturday, 9.46 a.m. Wind W. ; tide, V I hours' flood ; weather cloudy. Arrived, Nov. 23.—St. Fingus, from Stettin. DEAL, Saturday, 9.27 a.m. Wind N.N.W., light, hazy. Anchored— Senegal, for Constantinople ; Argyle, Savan nah : Exact, Cape Coast Castle ; Parisian, Bombay Pik. shire, Cardiff—all from Loudon. Passed.—Camilla, from Portsmouth, for S underland. Another convict escaped yesterday from Woolwich Dockyard. He was a man of dssperate character, a n d under sentence of life tra ns p ortation for highway robbery with violence. His name is Aaron Hands, and he is a native of Stafford. SUICIDE. —Yeaterday, Mr. Wakley held an inquest at the Devonshire Arms, Duke-street, Manchester-sq uare , relative to the death of M r. Robt. Clar ke , aged 44 years , lately manager of the business of Messrs. Lazenby and Sons, sauce and pickle manufacturers, Edwards -street, Poi tman-square. Deceased bad been 23 y ears i n t h e i r employ, and had for a long time resided on the premises in Edwards-street. It appeared that on Saturday Mr. Lazenby mentioned to deceased his i n t en ti on to h ave some extensive alterations made in the premises, on which deceased became greatly excited, and apparently offended. The offensive manner in which he conducted himself led to an altercation, the result of which was the termination by deceased of his connexion with the esta blishment. During the whole of Saturday and Sunday the deceased's manner was very singular, and he ap peared much depressed. On Monday morning he ter minated his existence b y swallowing a very large quan tity of Prussic acid. As there seemed no adequate cause , fur such an act a post-mortem examination was ordered, and the surgeon found a large clot of blood between the dura mater and the bones of the skull, which sufficiently accounted for the mental excitement and aberration. Verdict, " suicide during insanity." COVENT GARDEN. We had a steady demand here to-day, and last week's prices were well supported. The supplies were moderate. Fll,lllT.—Pine apples, English, 4s to Os per lb; colonial do., Os to Os each ; hot-house grapes, is Gd to 3s 01 per ib ; foreign ditto, 01 to Os ; melons, is 01 to 2s 61 each; peaches, 2s 01 to 63; nectarines, Is 6d to 4s per dozen; apples, is 01 to 2s Od per half sieve ; pears, 2s at to Sc per half sieve; plums, Os to Oa per sieve ; green gages, Os per punnet; apricots, is lid to 5301 per doz.; common pi urns, Os 01 to Os 01 per sieve; cherries, Cd to 01 per pound ; lemons, 4s to 8s Od per 104 ; orange; 83 to 1.1 s per 100; fil berts, Os to 8s per doz. Ibs ; cobnuts, Os to Os ; aluronds, Os to Os per lb. ; walnuts, 81 to 101 per 100; figs, 03 9J to is 61 per doz ; strawberries. 01 to 0.1 per pottlo ; goose berries, Os 01 to Os 01 per half sieve ; currants, Os 01 to Os 01 por half sieve ; raspberries, 01 to 01 per pottle. VEGETABLE.—Greens, is Gd to 3s 01 per doz. bunches; red ditto, 2s to 5s Cd per dozen ; French beans, 2s 0 to 3s per half sieve ; brocoli, Gd to is per doz. ; potatoes, Sss to 1158 per ton ; vegetable marrow, 41 to is per doz. ; peas, 3s to 5s Od per bushel ; broad beans, is Od to is 9d per half sieve ; turnips, 2d to 4d por bunch ; carrots, 3d to 51 per bunch ; cucumbers, Os 2d to Os Gd each ; garlic, 6d to Os 8d per pound ; spinach, is €d to 2s Od par sieve ; old onions, 4s to 58 per bushel ; new ditto, Os 01 to Os per doz. bunches; leeks, Id to 21 per bunch ; shallots, Id to Gd horse-raddish, 2s 01 to 4s 01 per bundle ; parsley, 21 to 3d per bunch ; celery, Os 91 to I.s 3d per bunch ; endive, 1 s 3d to 28 3d per score ; beet, is Od to 2s per doz. ; parsnips, Os 6(1 to is Od per dozen ; small salad, 2(1 to 3d per punnet, ; mushrooms, is 3d to is 91 per Pottle ; artichokes, 3s to 4s per doz. ; cabbage lettuces, 91 to is 01 per score ; sorrel, 6cl to is per half sieve ; radishes, is to la 3cl per dozen hands ; tomatoes, 3s to 4s per half sieve ; chilies, is to is 6d per 100; Brussels sprouts, Os Od to Os per hale sieve ; capsicums, is 01 to 2s per 100 ; walnuts pickling, 6d to is per 100; cauliflowers, Zs to 5s 01 per doz. NE WGATE AND LE A.DENITA LL. Turkeys, Os Od to Os 0(1; Goeso, 5s Od to 6s Gd each ; Ducks, 2s 3d to 2s 9d ; wild ditto, is Od to 2s ; rabbits, 10d to is Cd each ; Pigeons, 7d to 9d each ; large Surrey Fowls, Os Od to Os Od ; middling, is 91 to 2s 91 ; Chickens, is 6d to 2s Od ; Capons, 3s 01 to 4s Od ; Hares 2s Gd to 3s 6d ; Grouse, is 91 to 2s Od each ; Pheasants, 3s Od to 38 6d ; partridges, ls 3d to 1 s 91 each ; Guinea Fowls, 2s Gd to 3s Od each. Ostend fresh butter, 118 Gd to 13s Od, and English 12s 01 to 15s 01 per dozen lbs. English Eggs, 9s Od to lOs Od ; French ditto, 5s Od to 7s 01 per 120. NEWPORT. Beef from 3s 4d. to 43 Gd ; mutton, 3s GI to 4s Gi ; veal 3s 8d to 4 s 8d ; por k, 3 s Gd to 4s 10,1 per 81bs. WHrrECHAPEL. Beef, from 38 2d. to 4s ca ; mutton, 3s 4d to 4s Gd ; veal, 3s 8d to 4s 3d ; pork, 3s 4d to 5s 2d per 81bc by the carcase• BILLINGSGATE. Turbots, 2s Gd to 15s ; Brills, is Od to 5s each; Salmon, 2s Od to 3s Od per lb • Cod Fish, 2s 6d to 10a each ; Soles, bd to 2s Gd per pair; Eels, 8d to is Od per lb; Lobsters, Is to 2s 6cl ; Crabs, 6d to 2s Od ; Whitings, 38 Od to 12s per doz. ; Common Oysters, 168 to 20s ' • Natives 58s to 64s per bsh ; Mackerel, 60 s t o O s per 100 ;Smelts, is Od to 2s Gd per doz.; Skate, Od to Od per lb; Shrimps, is 6d to 2s Gd per gallon; Bloaters, is Od to is Gd per doz. ; Fresh Herrings, 58 Od to Os per 100. ; Scotch do., 6d; Sprats, 8s Cd to Os Od por bushel ; Doreys, is Od to 7s each ; Haddocks, 63 to 18s per doz. ; Pike 6d • Sturgeon, Gd per lb ; Prawns, 4s Od to 03; Mullets, Gd to is 6d ; Plaice, 4cl to is each ; Halibut, 6d por 11r; Flounders, is Gd to Os per dozen. BREAD. The prices of wheaten bread in the metropolis aro from 11d to 11,d; of household ditto, 9d to 100 per 41b loaf. HIDES AND SKINS. Market hides, 561 b to 641 b, :lid to Od ; 641 b to 721 b, to 4d ; 721 b to 801 b, 4d to 41; 801 b to 881 b, 0 1 to 40 ; :58lb to 961 b, 44,d to 5(1; 961 b to 1041 b, 5d to s}d ; 101 1121 b l i t l d to Gd ; upwards, Od to 01; Horse hides, Gs bd to Os Od ; calf skins, light, 2s Gd. to 3s Gd ; ditto, full, Gs 6d to 7s Od ; Polled Sheep, Is 3d to Gs 9d ; Rents, 4s 3d to 5s 4d ; Half-breds, 4s 3d to Is 41; Downs, 3s Od to 48 Od ; Lambs, Os Od to Os Od ; Shearlings, Os al to Os Od. THE WAR AND OUR RESOURCES. TO THE EDITOR OF THE SUN. " Commerce furnishes those means by which war may be successfully carried on in such a manner as to cause a safe and honourable peace." These words of Lord Palmerston, on a late public occasion (Guildhall Banquet), are deserving of the gravest consideration under the circumstances in which the country is placed. The resources of England for the vigorous prosecution of the war depend on the prosperity of our commerce. Yet, at a time when commerce is in as sound a state as ever was known, and no pretence exists for depressing the prices of manufactures on the plea of speculation, that commerce is in course of prostration by an artifi• cial value given to money. Exorbitant interest is imposed on trade, in the vain hope of enabling the Bank of England to recover the treasure it has lost under an absurd act, which, fixing the price of gold in this country, offers, during war, a premium on its exportation. Nor can it be wondered at that gold should go abroad, when we hear " that the allies are taxing all the wealth and ingenuity of the civilised world to secure subsistence."—(Times, Nov. 21.) The fact is, that the requirement of Government for payment of supplies to our army is at the rato of about half a million a month, and that about seven millions in gold have been already ' sent to the East for that purpose —that the requirement of France is nearly double that amount ; and that none of this gold returns, or ever will return to the West, being hoarded by the natives into whose pockets it finds its way, in the absence of Banks and means of invest ment. The consequence of the drain will be to leave us shortly without any circulating medium, and in the ab sence of gold, under our laws, to reduce us to a state of barter. Hence the declaration of the Times several weeks ago, that if the war were to be carried on with vigour, a change must be made in our monetary system. Now, as the Times is looked upon by many as an authority on these subjects, I am desirous, at such a crisis, to invite attention to the question that journal has lately raised, viz., Whether the War or our Cur rency laws must be abandoned ? This is the upshot of the declaration referred t , ); but to open the case fairly, I will quote the entire para graph. `; The question whether the war expenditure is beyond the means of the country must be boldly met. If it be upon a scale to involve a permanent drain of gold, there is no alternative but to lower it, cr to prepare ourselves for that mitigated form of national bankruptcy which consists in a suspension of spehio payments."—Times, Oct. 5, 1855. The alternatives announced are—curtailment of our war expenditure on the one hand, and, on the other, the abolition of an act which is crippling our commerce, and destroying our energies. That a journal whose pride it is to support a just and necessary war should have hesitated between these alter native•, is certainly matter of surprise. Nothing less than a proposal for the abandonment of Peel's Act of 1844 could have been expected to follow such an announce ment. Up to the present time, however, no sign has been made but of a determination to uphold that act to the uttermost (see City Article, Oct. 25), while the only remedy which is prescribed as the alternative of reducing our war expenditure is stigmatised as a disgrace to the nation. Yet the remedy is similar to that which recently car ried France in safety through a revolution. The remedy is the same which carried England triumphantly through the last war, and by the extraordinary impulse it gave to commerce, enabled us to double our taxes without burdening the people. Were we at that time, it is asked, in a state of national bankruptcy, even though a principle, good in itself, was subjected to the abuse of over-issues ? Are we in a state bordering upon national bankruptcy now, because our gold currency is liable to be swept away, and the substitute of paper required? Does gold alone destitute wealth ? And is all the property of the richest country in the world of no value, because we have not gold to represent it ? This indeed was the language of a late Chancellor of the Exchequer, who during the last panic actually con gratulated the country on the depression of the Funds and of manufactures, as offering an attraction to foreign ers to aid us with their capital. That currency, not capital, was required, was proved by the immediate effect of suspending the Act of 1844. The capital sup posed to be lost re-appeared in a moment, and bankrupt England was again the gory "of the world. The law was suspended then. Why not suspend it now ? The present alarm would immediately cease. Orders would not be countermanded. The Manchester manufacturers would not be ground down by exorbitant interest, and thus be compelled to grind down their workmen. Good wages would make the high price of provisions comparatively little felt. The sinews of war would be strengthened. Russia would suffer a greater blow than would result from a series of defeats. Nor would the absurdity be longer exhibited of England and France fighting side by side on the one hand for liberty, and on the other engaged in a ruinous struggle for gold. What prevents the realisation of these blessings ? an act of Parharrient—the interest of those who profit by the fluctuations it produces—a supposition Go vernment necessarily understands the subje&, and that the people need not give it a thought—that it is a banker's question, and not a philanthropist's —that the act brings gold into the country, and keeps it there— that commerce can flourish without an adequate and steady currency ; that all who deprecate such fond notions are interested parties ; and that currency re formers generally are visionaries and enthusiasts. These are some few of the prejudices and fallacies which induce people to hug the chain by which they are enslaved. As to the Act of 1844, I will only say that it was passed on very insufficient evidence. These are no new views. The effects of the Act were foreseen and de scribed before it was passed. They are recorded in the Parliamentary Evidence of 1848 on Commercial Dis tress, and in the report of the Lords' Committee. In the observations made with regard to this Act I by no means wish to j An in au unmeaning cry against the Bank of England. She is compelled to carry out a blind law at whatever risk to herself or the country. She was told that the currency would regulate itself, and that in future she was at liberty to consult only the interest of her proprietors. If; therefore, she has fol lowed the rule laid down for her guidance, Sir R. Peel, and not the Bank, is to blaare. Whatever difference of opinion may exist as to a re medy, all Reformers are agreed in the senselessness of a system which decreases the circulation, with the increase Of trade, population, and wealth. A compre h ens i ve re medy, however, cannot be successfully proposed till the country is more enlightened on that subject. In the meantime we must be content with palliatives. Suspension of the Act of 1844, with a view to the consideration of the whole question, is the leant that the present crisis demands. The Times declares the ques tion must be " boldly met," but they have shrunk from meeting it themselves. A partial remedy, however, I would venture to suggest—not the alternative, they pre scribe, of " a suspension of special payments"—but that of a convertible issue, founded upon the admissions of that journal itself. Inthe City article of the 26th October the subject is thus treated :—" Supposing the circulation to he re quired solely for international commerce, no necessity would exist for gold being held against any part of it." It is here adulated that the circulation is twofold, one portion being required for domestic purposes, the other for the settlerrint of the balances of trade. Then why not act upon the distinction ? Why not substitute paper for a portion of the gold now absorbed in domestic cir culation ? Such a limited issue would be in accordance Fith the rule laid down by Adam Smith, whereby a paper circulation may actually " bear a premium." The treasure obtained would celarge our gold basis, and render our present circulation far more convertible than it now is, without any gold whatever to meet so large a portion as 14 millions. Having made these general remarks on the important declaration of the Times, I must be allowed to enter my protest against one obvious conclusion from their pre mises—that if the drain of gold becomes permanent, the war is beyond the means of the country. If this be true, the nation should know that its disgrace arises, not from weakness, but from laws, which are mischievous in peace, and impracticable in war. The drain of gold, however, is not altogether a legitimate and unavoidable one, as it is assumed to be. It is in a great measure buperinduced by that law, which, fixing the price of gold in this country, contrary to all sound principle, causes its exportation whenever the market price exceeds our arbitrary price. Monied . men in the City, and the directors of the Bank of England are, it is said, at variance in opinion as to the possibility of the act of '44 being upheld much longer, without havoc to commerce, under necessity of the Bank saving herself " by the ruin of all aroun d her. It cannot be believed that Lord Palmerston will suffer this wanton destruction o f th e resources of w bo true to himself and to the country,. hewillai If he oanklye the bull by th e h orns , an d th ro w to the winds, not ot r glorious act of '44, but an y oth e r impediment to ob ject in whi c h b e i s engag ed —the attainment of gious a safe and honourable peace.—l am, sir, your ohedient servant, A BANKER. Nov. 23, 1855. HAY ?lARKETS. SMITEIFTELD.—Meadow hay, 4/ 4s to 6/ 63 : clove, ditto, 41 103 to 71 Os ; and straw, 11 4s Od to 1/ 9s Od per lc s.l. A fnir average supply , and a steady trade. OIIMBERLAND.—Mos.dow hay, 4/ Os to 6/ 104; clovol do.. 4/ 10s to 61,153 ; and straw. 1! 5, to 1/ 104 per loao. Both hay and straw sold slowly, at about stationary prices. WHITECHAPEL.—Meadow hay, 4/ 03 to 6 123; c10v.,, .10., 41 103 to 7/ Os ; and straw, 1/ 4s to 11 104 per load. supply tolerably good, and trade rather dull. AGREEMENTS BETWEEN LANDLORDS AND TENANTS. —Much uncertainty having existed as to the legal nature of the agreements on paper between landlords and tenants, the following communication to the proper authorities, and their reply, will be interesting to all concerned :—"To the Commissioners of Inland Revenue, Somerset-house, London.—Middlesbro, Aug. 18, 1855. —Sirs,—The seaport town of Middlesbro, in the county of York, contains about 14,000 inhabitants, and many dwelling-houses and shops are let from quarter to quarter, and from year to year, upon written memo randums of agreement, where the rents are under 201. a year, and as some difference of opinion exists respecting the proper stamp duties to be paid on such agreements, your opinion is requested, whether the com mon lease stamp for such agreements will be sufficient, or what other stamps (if any) will such memorandums require !—Your most obedient servant, memo rand solicitor." Answer : " Inland Revenue, Somerset House, London, August 27, 1855.—Sir, —The board having had before them your letter of the 13th instant, I am directed, in reply;to state that the documents therein referred to will be chargeable with stamp duty as leases, whether the tenancy be from quarter to quarter, or from year to year.—l am , sir, pmr obedient servant, TUB, FINGLE.—W. Myers, Esq." GOLD AND T.HE CURRENCY. TO THE EDITOR OF TELE EDINBURGH ADVERTIS ER. Sir, —I have r ea d with grea t interest y our able arti cles on the Currency. It is vitally necessary, if posi•ible, t o awaken people's n i e ' a ttention to all th a t i s at stake ; our n ational credit, our private fortunes, our commerce and manufactures, a nd our means of carrying on th e war in w hich Lord Aberdeen Aterdeen and the P ee li tes have entan gledunfortunate that so great a question is I us I It o o bscure, that many able men who w ou ld b e i nd i gnant :t the su pposition of their b e i ng i gnorant of any other i m portant subject, almost glory that they know nothing of this the turniug-wheel of all the business of life. I am glad to see that the people of Paisley are giving a lesson t o all the trading community, by passing strong and sensible resolutions against the continuance of a system which seems to have been invented by the monied class for their own special benefit at the expense of every other. The following sketch of the way it works is not new, but needs repetition : When money is abundant and easy to be got (that is, when the Bank coffers are full of gold, and a large issue of notes is Cowed), commerce and manufactures thrive , sha specul a ti on i s afloat and prices of stocks, re g e ' the commodities rise, while interest of debt falls. nn and the ex monied class sell at a great profit. But change turns against us—perhaps owing of corn, or a bad harvest requiring a great importationthe gold oozes ' or a costly war, or a mixture of caunseks---, sogenrtrading, notes are buried out of the country and out of the Bank, in place of it, circulation contracts , cre dit is restricted, 1 i n t eres t rises, failures crowd one after the other, and a panio ensues, to the destruction of all confidence ; and when prices sink almost without a limit, then the monied class buy, and get enormous bargains. It is said that a banking Lord, in the panic of 1846, made 70,0001. by one transaction, with a house run hard for one day ! Thus, while they share in the prosperity of the country, their great harvest is in its adversity. It is so calculated—it is so written in the bond. They flourish in the universal distress. And why is this cycle of prosperity and distress en dured ? They profess to keep circulation and prices steady to check over-trading, and to force back, by a sort of bankitupt sacrifice of our goods, the gold they consider indispensable to lie ensconced in the Bank cel lars Gold is thus made a curse ! The sinful love of it is aggravated, and hoarding increases the evil. Why should it not be left free, and come and go as during the war, when we were at the height of national prosperity. Why should every one's property, from the Land's-end to the extreme North, be reduced in value in order to encumber the Bank with coin intended to be useless! Why should the value of gold be attempted to be fixed, when everything else varies as well as itself ? By what delusion is our circulation said to be based on gold, when the first fourteen millions of notes do not represent a single sovereign ? In fact, onr coin is only the small change of our whole currency of l a n n o y t e d s, i bills, it i b e o s horde, &c. & di e s . - This artificial state, with so n asters in its train, results from the pretext of endeavour ing to regulate and control what should be left free in all respects, except that the Banks which issue notes should produce ample security; but that need not neces sarily be gold.—Your constant reader, and A FREE-TRADER IN GOLD. MR. COBDEN'S LETTER. WO I'lo 100 10 4.4 10 all all all el 8 i Gli 7 711 1021 49! I 93 41 934 4 Si 4 311 5i 67i I 11t IPGI 74 0 St. 20 ;710 all 100 10 6 100 100 100 all all 100 100 100 100 100 100 St. 12 12! 10 6 St. St. 100 100 100 :00 100 10 10 103 4i 89j 8i I M TO THE EDITOR OF THE MANCHESTER EXAMINER. Dear Sir,—A. letter has appeared in your columns, signed " Scrutator," containing the following statement respecting the letter of Mr. Cobden inserted in the Leeds Mercury three weeks since : " I have heard it asserted that the first, and in some respects the must important, paragraph of that letter, as it emanated from Mr. Cobden, was withheld by the 'editor without his permission, because it commented with inconvenient severity upon a leader which had re cently appeared in the columns of your Yorkshire con temporary." The fact is correct : whether the reason assigned is so, you shall judge. But, first of all, to dissipate all mys tery, and redress any possible injury which Mr. Cob den may have sustained, the paragraph of that gentle man's letter omitted in the Leeds Mercury is subjoined "In a late number of the Mercury, which circum stances prevented me from seeing at the moment of its appearance, I have read an editorial article, which, after an allusion to the limited supply of labourers for various bra , mhes of domestic industry, occasioned by the war and emigration, and to the still greater difficulties with which our employers of labour are threatened,' proceeds to commend to the Government a plan for recruiting our army from the ranks of the ticket•of-leave convicts. Without pausing to snatch an argumentative triumph upon the inappropriateness of such a proposition from those who believe the present to bp a 'just and neces sary war in defence of the civilisation and liberty of Europe,' I appeal to your candour whether such a plan is not merely impracticable, but whether its suggestion alone is not an insult to our army, and that of our Allies. The writer of the article is in error in saying that a similar system of recruiting prevailed during the great French war. True, it was the eastern, instead of punishing men charged with such offences as poaching and smuggling, or the commission of certain faux pcm, from which village life, as we learn from Crabbe, was not exempt, to offer them the alternative of serving the King,' and undoubtedly very many such scapegraces found their way int.) the army and navy ; but the in mates of our hulks and the population of our penal colonies were never emptied into Wellington's regi ments ; and be assured that any serious attempt of the kind,, in the present improved state of the mo rale of our army, wou:d be viewed as so great an insult by officers and men, and that it would be resisted even to the extent, if needful, of mutiny in the reeks and rebellion at the Horse Guards. " But you have raised a question of supreme import ance at the present moment, on which I will, with your pernission, offer a word or two of remark—not as to its bearings on the employment ef labour, hut on what all of us must regard as the honour, character, and.interest a of the country." Such was the passage omitted ; and as the omission was my own individual act, I give the explanation in my own person,--the same explanation which I gave Mr. Cobden by the first post after receiving his letter. My reasons f( r omitting the passage were taofold-- : namely, first, that I prfectly concurred in Mr.Cobelen s view as to the recruiting of ticket-of-leave man, and al ways had done so, and that article in the Mercury ap. pearod with.mt my knowledge; and, econdly, that the objections to the recruiting of that class of men (though in my judgment conclusive as .against the article in the Mercury) had no connection with the main argument of Mr. Cobden's letter, either as to the difficulty of recruit ing the army, the fir,ate of the army bef; ire Sebastopol, or the merits of the war with Russia. If I under stand Mr. Cobden aright, he would have (ntertained every view expressed in his long and elab ora t e l e tt er, had no' such article as that in the Mercury appeared, and would have thought it his duty to lay them before the public. If we had expressed the opinions to 'which Mr.Cobdest replied, in the course of a controversy vvith him, it would have been the he'ght of injustice to omit his an swer. But his name was never mentioned or alluded to in the article, which was n , t controversial at all wid if by excluding the i as a,e, we deprived him of a triumph over the Mercury, that did not in the slightest degree weaken his general argument against the difficulties of the war. Surely that little triumph over us was not essential to Mr. Cobden ; if it was, that does not say much for the general success of his letter. lam aware that, in excluding a portion of Mr. Cob den'* letter, I was taking a considerable liberty with him. But I explained the re LPOUS to hi n, and moat folly be lieved they would appear to him satisfactory. I told him that I did rn -, t object publicly to acknowledge myself in the wrong, if convinced that I was so. But the awk wardness wag, that I had not myself been in the wrong, —that I was perfectly at one with him on that particu lar point, —that I lad actually written the very same views to a correspondent some months before,—and that therefore I could neither with truth acknowledge myself to have been mistaken, nor yet vindicate the article in my own paper. Moreover the difficulty was increased by the fact, that Mr. Cobden's letter was addressed, not to " Editors," as is customary with the correspondents of the Leeds Mercury, hut to "the Editor," ar.d com menced "My dear Sir,"—thus as it were singling me out personally. All that I cared to avoid was the un pleasantness of explaining to the public that I, the prin cipal Editor of the Leeds Mercury, differed from one of my fellow-editors on a sing!e point. It rather disturbed the harmless public illusion as to that mysterious per :wring?, "the Editor," who is popularly regarded as plurality in unity and unity in plurally, besides having other attributes allied to infallibility and omniscience. I did not think it a very great trespass on the generosity of an old friend to ask him to excuse me giving such an explanation. However, I was mistaken. Of course Mr. Cobden must have complained to others, its he did to myself ; and therefore I now lay the entire matter be fore the public,—giving Mr. Cobden all the advantage of his argument against the Mucury, and taking to myself the whole blame of having omitted a portion of his letter. —I am, dear sir, yours faithfully, EDWARD BAINES. NEW MARBLE BUST OF THE QUEEN.' We have much pleasure (says the /and/ester Of! ra n) in being able to announce to our readers intentionthseen to the on the part of Mr. Alderman Barne3 p bust to r e e f her most corporation of Manchester a colossal ble,t 0 be placed in t r d gracious Majesty the Queen, in theto this Town e i tof Hall, f li 3n i l 0 mc c . tio: commemoration e m Nt r e , is : n th l o l: oßci r e s l: a .l: l ,:f t iwr, . i . l o a Inenef:3B.l of her iylkystrt to, i p A a o n f rt w . n eea j d,t e ert s ee that h t ee: s 01 visitMan cheater r ae r i nr . .. but any intimation Barnes has long had thin in w te onld, 'for obvious reasons, of it till the present Wail short time since, during the tEhseq Lis.c, i city, his worshipthat l le have been premature: mayoralty was informed v fee e ronnfla t e e ede3befyia chieft M e r n ve,w A t nhisr l oa n osgebi r 6l m e : t.r a uE n_ d keley-square— cheater Wellington memorial is n ow ma k ing rapid pro -1 gress towards completion —a commission to execute a colossal marble bust of the Queen, which, wh en corm pleted, it was his (Mr. 13arnes'h) intention to present to the corporation of Manchester, for the purpose of being placed in the Town Hall, as a memorial of the auspicious visit of her most gracious Majesty to this city. We un derstand that the clay model is already in a forward state, and that it has been pronounced by most competent judges to be, even in its unfinished condition, a very happy and striking likeness of the Queen. It was felt by the mayor, as well as by Mr. Alderman Barnes, to be very desirable to secure, if possible for Mr. Noble, the honour of sittings from her Majesty, in order to accomplish the most eatiefactory completion of the bust ; and the mayor wisely determined to apply to our noble neighbour the Earl of Ellesmere for his kind assidance in obtaining the necessary consent of the Queen. Lord Ellesmere readily undertook to be the medium of presenting the humble request of the mayor as the representative of the council, to her Maj esty,s' and in his letter to the mayor his lordship state d 'hie opinion that Mr. Noble's works place him, y is, in the first line of living English sculptors , one of many who have worked their w a fty va r t g ; t •u s et : ha s int ; eh a ne n ci d es from a starting point of no adventitio d k u Personal character that though his lordship did not of public corn pati knew a d s m h i o s u si l o d os be i nmu art,chi t considered wa sa sati i s n fiaty t c h ti te o h r i na t o tter him to find that f h o o r m di h s i t s in l c o t r i d on sh a i len is informed that h proud to say, has not been un successful; nt b ici e ei sm w c o can r s t te h w y aa o gs f oa i otffdionr opportunity afforded to : ter(); P uoncncet 8 7 gracious Queen, s m u a c i c e e i s Lt s y f o u r d l: s az for giri ea i s n el ;feu:al:it with thesae oqnsuis mayor e e n n subsequent communicationeg ,Theuapplicationdin Lon r d e t 9 c oeni London, our etedor from t d 1 • p w e c t ere long to . see n within 131 uncthh the Towncircum stancesyobexe h a e a 1 Hall bust of her Majesty, which shall be worthy n o t fame of the only of the rising young artist, but to some extent of the great event which it is is intended to com memorate. uarwijer.n3Na THE BELLS FOR TUE HOUSES OP PARLIAMENT. Messrs. Warner, of Jewin-street, London, are about to cast the bells for the great clock of the Houses of Par t iam en t. The principal bell is to be nine feet in diame: ter, and to weigh about 14 tons, and will be the Val bell, they say, ever cast in England. It is eae that the fou r quarter-bells will weigh about ten tone more. —The Builder, . . !a, at ad 100 20 i 0 100 40 25 20 100 100 100 20 20 ! ("0 IX! 100 100 all 3 all all FOR: Oi 14& i • - . , 1 i 2i 913 34 i "lo