The Sun. — London, England, 1855-05-18 00:00:00

m E M KET SH ARE MARKETS , THIS DAY. CO .1-.ltZlcia. I T • The co „_ CITY, Two O'CLOCK. closed, ''' °ll Market at Liverpool yesterday efkz With a very buoyant appearance, and prices bitterlican, Surat, and B raz ili an were id. per lb. it 1 5 tha n on F r id ay. Th e sa l es were es ti ma t e d exp op ," °Q ° bales (2,000 of which were taken for 1,500V11d 5 ,000 on speculation), comprising 250 b' er uaba and Maranham, at sid. to 6id. ; - uskia f 115 00 a ' 6 g ; 700 Egyptian, at 6id. to 9d. , Lt neat, i at 3id. to 5d.; and 50 Sea Islands, bi 'W. to 1 8, OA . ou per lb. The Railway Share oft per et waery firm, and with a further advance Cent in prices. prod has been a steady inquiry for Colonial boldthis week, but owing to the firmness of kggrefr,"4,lolo have not brought much forward, the Otyir„Le bu siness has been small. Plantation %it; bas realised 6d. per cwt. advance, lailib ee e 'go kind s h ave ruled rather dearer. Coffee 4 Iv: ve ry quiet, a t about previ , ,us rates. Tea, iet ta 0 f sale, has been taken steadily for the good Pott e d:, green. S p i ces, though du ll , h ave sup blimt4eir value. Rice has been at full prices; Inaf ec l ue st• Ruin has been id. dearer for feu t e k -a • Saltpetre, at public sale, has mostly ~"'4 , ,scl m ei:l b i n. Cotton has met with a brisk de twooitik ulglier quotations, tallow has been de alnand ju Russian staples generally less has I:Nib: tie ' Wool, at auction, has gone off aiad at the sales of indigo advanced prices 4 4 4 feull obtained for Kurpahs and particular ktf° Madras, Arrowroot has been maintained iwekstiner enrrencies. P. Bell, Son, and Co. report that there 4 'keti e - a m n little or no - change in the values of Securities atm, Redeemable. Per Cent. 4 ) l4 ( c i 6 . Per Cent. B on d s . _lB6B-.looi 1071 k 6 per Cent. Inscribed 11, 4 iii ii .......................... 1867-1868...10 loan t e 6 107 5 p. Cent. Bonds 1858-1860...90 I..ntleett 5 Per Ce n t. B on d s 1877... 84 85 14 114 2:5ad 5 6 5 Per C en t. (St er l. B o nds) 1868...100 10 litiZtas 5 13 ' 3 r Cent. (St er li ng B on d s ) 93 h pia 3 Der Cent. (St er l. B on d s ) 1858-9-66... 83 84 Thy6tr Cent. Sterling B Bon ond d s s) 1886... 87 88 lttia ; - LOANS OF CITIES. *SIILDer Cent. Bonds 1857-1865... 83 s ue - ' 4l 6 per Cent. Bond s •uo, do. d o. 1893... 80 82 1874... 7 do. 1834... 72 74 Non' do 4alei.--• C entral RAILROAD BONDS. 11.4% Cent 7 Per Cent. Bonds 1875... 68 69 Zeis7; a 4 tral 8 per Cent. Bonds .. "• 90 P e 7 8%4 Cen, Ist Mortgage (Star- _ 18a9... 94 95 eleki* ""•Uentral 6p. Cent. Mortgage est 1830... 89 90 „ At, erk and" • .. ........... - ... . -1," eeti ve ,,,fel, 7p. Cent , 2d Mort liego4 a • qine e' 0 l id Erie 7 per Cent. 3d Mort 1853... 1883... 84 86 a ,„11, 6 7 p Cent. Convertiblo 1862... 79 80 led . F ns 7 per Cent. Sinking ............ 78 80 f old "' 78 t h Leha a b - thg statement of the way in which 11711 1 , th: cell carried on at Melbourne, and the 4 4tia -"ng therefrom, is given in the Argus of v l 'h ia r Y 8 e l k ilt e wes t he third meeting in this estate. The insol i 4tNettiVrell known ; he was formerly the prjecto n r at o OOk trt_ Vetem of emigration to Part Natal e and in S h <to e c`outie. sched . ule of au insolvent, as fil l d tbe (' num r t of this colony, shows merely a ba ance-sheet ent er v ? ti t's affairs when he is insolvent, and does not hk2 , tti c i i Into his antecedents, or the amount of capital w lir n ted 1 .0 commences business. The in - olvent . no kitZett: P er ann, supported waspr. Grant, soli?itor 41 4 -1 ", 1 1, 4 3', official assignee, present wiih his sof tiki„ereklit,; ' ro nckhorst. Mr. Hines appeared fir some o votain r° . The insolvent throughout his examination - tettk - ed that cool possession of manner so characteristic vtll:nfacial assignee, Mr. Courtenay, filed a repoy e t x , it;lllerin appeared that, from the 7.7 .c.o s m t f u l si. %o * ) Jbich the insolvent bud managed btt i tttl e 116 etilty had been round in bringing matters V lto . * 46 ' i t n en i , t l,„, 3 , o ool. has been realised upon the stock mr , rep' 4e/u/. or 3001. had been retained by a . te . h ttli t l t eto t:,"" 0 had been entrusted by Mr. Byrn t e s e p s riv e O tt opt t !ell the goods in one of the branch stores. He " back for his own use, because k 11:t tie 1:4 " 0 3% The official assignee thing e s . so str . ongly 116 of 141 441aWftli intent'on that he has serious inten t-le''reatinv this • 'inn". act. The books, w al a so,. is as a emu *4' l n '''Pt in an irregular and .very incomplete! map' eltet. impossible to be . gurbdoedwnby them in any as creditor for th e ' 13 Yrne's account is to show what has melll e f - tt l i z ,t4(lB, and nothing is a sample of almost N.; money anti this kt . ". titits in the ledger. the e This state of things assignee, and not at etOrp:nder in the mind . of be t in able to carry on te e/6 e : ft.tilure, but at 11 ‘44 4 1 1 4 n akt titless be has, f h r is even one month. The roost . is the transaction of the land and l'i l S , t g lit k y t k h lti o r w a e t v . er There are such grave doubts upon big 6 eeti o f the conveyance to the insolvent's infant son, il ee! 3L3 ' tO 4atif 'll of the assignee, that he has thought . it f estZ l 'flt il letitute a suit in equity, with the view o t4' '' ... f"'Perty, if possible, for the benefit of the ta l It t• 23°1'4'1111 t7';'):: as sold he had made a bill of sale to 41 ic 'll -1n r,,,, i %ht ° 1411;;;` 4 Private furniture, which cost him - 7ta te r 1201 , erhaps sh°4l(l a r t :: • It iv a Tf u ee sail this was now the property of C "N' -"ale fu r ° r the creditors to say if Mr. Byrne 4 ()thin • oArt,n g furthe y now ensued on this t res poi h n a t d . b M ee r n . o s 11 at 1 6 e stock in trade in the ral fr e t ;it had realised but 3,0004. rb ita 4 ne otti debts were now proved. incorrect ' tni re heal a k aßsignee again complained of the N e s .erts iNoeivenoltir. ' I T?! hi llbn-n t s aid he would show by the books th e erderuise lear ne d before be applied for any certificate. A to Co tarnissioner said he should certainly ° /4° •" et h „ ho n ., r , gad pto h. 12th state that the w .. e . a.- 4; h l ," 4 st b!;7,iztli May had continued very chilly, of e„,-;,,,nad fallen. Holders of grain were Th"ge gr-S:uerably advanced rates, the prospects t rate 0 ( 7 14 g crops not being very promisirl_g tttoLee 1110 Wa g s' on London was at 8.53 for oft7r ort t d --2 which were wanted. As yes- 100 ulta. Ascension day, there was a cessation 25 itleß S at 25 )The ,, an the foreign Bourses. la el l r Ch ina, from New South Wales, is off 100 She brings 3,6001., and 1,422 ounces k o r k at % iSeourities have been 1 quiet, but extremely 2g ttrAtist, P e r cent. advance again. The ab th e h, r o epr ra ss °ll B eY stock and the abundance 5 it(1, 44 4, tit", 'ides peculation for a fall and leave 5 sh, t wholly to be influenCed by bone& 20 i1t41144.-e. Consols have been 89i all the Oninium has' risen to 1i andl ft 4 1 10 i 'he New 3 p er C e nts. have been 884 2( q k. hee):111 dull4e Reduced 881 to Bank Stock 100 lat 208ndia. Exchequer Bills are ss. to >a e be 13 onds at 20s. premium. 100 in e 'g° Market has been at at an improve 100 - tb, t ' ° ''' a ," cases, and Venezuela have sup-1 100 pt , , 44 e of h . - 14 1. . i a0 which occurred after the official lOtned s 'ness yesterday, being 30 to 31. It tOO el, there is favourable unofficial news via 20 . g York gu l ag t ' but the Committee have apparently b A lrat at Co mmunicate. Mexican Stock 20 tt *z ett lat'n - ,„ 21- to t. Turkish Bonds are very 20 , 1-6 1 and wide prices are made between 20 44(71114 Belling. They have been as high as e 2 3 1 I, e l t 0,3 4 t a re down since to 771. Spanish Three It 8. are 371. Grenada Stock has been 7k 1 2 0 0 k toe ge foll • '41 1 111 :-....r i tig are the nominal prices of foreign 20 lil t ' 21 t clehada Deferred Bonds 7to ; m exi 1 6 0 t.s eta ° " A l t ; Peruvian, 69 to 70 ; ditto Three 2 tit 7 .14 to 49 ; Portuguese Four per Cents., - ; Russian Five per Cents., 98 to 100 ; etr 4i4l l -"3 l\i lir-an d - a - Half per Cents., 87 to 89 ; bi t s', ;IR? Deferred, 181 to 18R, ; Ditto 3 per 20 to " t ° 371 ; Ditto Certificates, 4 t0 4 1 ; p e ilw:") 3 i to 48. 10 20 41. 40 ' oi ti c./.abares are very animated, and about 40 p od. igher genera ll y. Th e f ore ign lines are 20 i .„ ?iktai lla i2O pa IIA ae ons shares are more buoyant, u and , e , 44. ace have r i sen as we ll as South stra- g 1 .t 5 20 20 20 Paid.l 5 if•ea • - • krubg. Nottng. 13e , and Easto. Junct., di Belfast & ;iallymena Birming. Wolverh. ;tour Valley ..... - 94 B rkenhd. Lanesh ,lheshire Junct..... all Do. Chesil. & Birk. £5O and £25 G ars. Do., ..... all :ilyth & Tyn3origina £25 (issd. at £4: 100 iristo I and Exeter... 100 lale.lonian 61s. Carmarthen and Ca digan 411 ;tester & Ilolyhea.' all !ork and Bandon all 'ork, Black, & Pas 16 `J ,rllti4'<Lll 14, tied' Junction l a o i blin &Belfast...rime Dundee Perth drAh , e,o Junction._ . 411 Co. New ... ..... 100 • :ast Anglian ',astern Counties 00 ~.stert, Juion, A Stock •..... I'h B Stock... ' Do., New A. 100 tst Lancashire o:4iubur«hdiClaseoµ all Edinb. and Peebles. I tit; 4 1din. Prtli dr Dunde , 1 orth & Clyde Jun all Furness all ' , o. Extension tOO fllasgow &S. West, 1 Of) ireat Northern 00 flu., A. Stock 'il(. Po., B. Stock Stb. &West.(lre I'N :mat Western..... .. 1 ,:` , e Stour Val. Rai' Gua. Stk tl I risk4ooth-Eastern 11 „Lneaster & Cariis'e Do., Thirds 7 Do. New Thirds ; ,Aneash.aud Yors .11.' •' st. Ridimt 411 .iv.C r eby . &South I 411 'minion & Black "7.! 11 )0 'rid. Bright & 5.04 1 , 10 and N. West,. 6 )o. Fifths 54 43.101. Sh., M&B . C • !,,a. Eighths . 100 :,endon andS. Wear, *2.• 1)0.,£5.:.. . . . i 4 1)o., £4O 411 taidndrry&Colera 4l, all Lndodrry. & Ennisk . Manch.Slie c .k Linel all Do. Shares, No. 1 Mao. & Lin. 11n 100 Midland 100 'o. Birrnng.&Derb all Aidld. G. West. Om ) 224 i )o. Half Shares i.ll Newcastle & Carlisle. 21 i Nwpt.Aberg. &Hrt Newry & all Newry Warrenpoin , .and Rostrevor. 1. kJ Norfolk Northn.Counties Uu 1i)1/ North British all North Devon, No, 1 all Do., No. 2 , 0., A Deferred all Do., B Guaranteed 1 , X l N. Eastern—Berwie 20 1)o.. do. Extension . 13 I ),,„(10.1;.N.E. Parch 411 Do. Le , ds 00 Do. York North London all Do. New £11) 3 1, ./kS.Wstrn.,Haml,- stead, and City Jn.. f North Staffordshirr. Al North Western._ all N. &S. w e strn. Jun( Nuneaton, Hinckley Ind Leicester 0 rxford, Worcester, Wolverhampton 8 ;'ortsmouth -le. ttish Central "1 Scottish Midland 00 ,miropshire Union a 4outli Devon South Eastern as south Wales . 1 Vrksli. dt Riv. DIU Z 5 St. St. tO !O 10 I1)0 2 ~ t aines, wok. giWol , a ' Stockton Darli. ' 4, t(. - :kton & liartlep Taff Vale I`o. £lO i , hares. ‘ ').. Pref., No. I`ll,Tues Haven Doe and ft.,ilwa all Vale ~ f ail Waterf 1. & Kdk enn' 01 waterforl&Limer 1 !p. West Cornwaq 5 ‘Vest End of Londm. and Crystal ;0 all (West London 01.7 B.l,Wimblefin &Croydon ~i. (~ ~' . >K 10 5 all Antwerp Kott rdan , 4 lAolgian Rasta). Juno 10 iteziers to OrvssessaA• N. Bombay, Baroda,and Central Central of Italy ...... 131 Demerara ......... It )ntel Rhenish all Eastern of France 10 no. Yew ............ .till East Indian, g. 5 p.O 10 Oo .d 1 Do. 4l p. c. Bds., pay '57, convertible...... all Po. do. do., '59, do.. 15 Gd. Tk of Casfia.A R f.ll Do. St. Lawrence & Atlantic d 0.......... Do. Cert. of Deben., con. into Stk. till '63 all Do. Cornp. 6p. c., do. 10 Gt. Central of Fran . all 1.4 t. tu.tian Peninsula guar. 5 per cent.... 1 1)0. ' , lew 5 per cent 2 Po. Extensions....... 12 Great Luxembot rg Constituted Shari s all Do. Obligations . I all Gt. Western of Canad Shares ........... all Do. Bds., payable's7, with option till '55.. all Do. do., '62, p. '56... a l' Do. do., '76, p• '60.. all Do. do., '73, without option all Hamilton & Toronto. ill Do. 6 per cent. 14 Lake Const. & Basle all Lucca di Pistoj asp. c. pref 10 Lyons and Geneva 14 Lyons & Hediterran 16A Madras 10 . Do. Now 31i Maria Antonia .11 Do. do. New all Namur & Liege (wit' !Merest).— ••• all Do. (ex interest) all Northern of France all D 0.20/. Sh &late Char leroi and Erquelines l guar. 3$ p. c. & red. at 2241. dur. 88 yrs. from 1 Jan. 1854.... all Do. 201. 3 p. a Bde (fmy.B.& Ams.Shs ' all NorwegianTrunkPre 16 Paris and Lyons , all Ditto Bonds ...... all Paris and Orleans all Paris and Rouen... 10 ParisCaen do Cherbrg all Rouen and Havre all hoyal Danish 3 Royal Swedish all Sambre and MOUSG.. a ll no. 54 p. cent. Pref 2s Scilid , 14 :southern of Franco 16 St. Andrew's and Quebec (A) all West Flanders all Do 5,4 per c. Pref._ 16 Western of France 16 Nee:. of Switzerland 'ti"-.:shade" all Zealand ........ - allit/ v . trisT DS THIS DAY.—CLOSING PRICES Si'k II (From, the Official List. ) aht t t °4 Bußiness dons tett r , t. Ci ..... .... ..... t ar, a 'tat. to 'lced Annuities. . 'th t Per 0„, 11 '° 1 8 Annuities Di tt t 4 u/ l i ti — ' e ,t• Annuities 1 bit to 3 0 y,,, a , __ExPire sth Jan., 1860 3i 15 . 16 ,tsli tt. 3o 1.2 5 1 Expire 10th Oct., 1 8 59 36 'llti z ,'.tocl r . '' r s, Expire sth April, 1881 16 7-16 .. N v il qwzie .. ..: .................................. 229 A ‘P ktiqr , tuld 4 ' lU( '‘ .) 10 1) 14 ..% ? er t na.* !A * ... Ilib, 4 At •`""' • P.,,Tm .. c, 'lut. 30th May 8 9 3 /4 i i Nut, i i::... .. : ............................ 1i i pm i;n 4° 4 l ... " 4. 214 ..................... . ........ , 1,1, JOINT-S! Fri:ll LO 111 ustrslasia ........ British Colonial Rank and Loan Company British N. American Chartd. Bank of Asia Buk. of India, Australia, & China 421 a;11 ;5 5 b.„ ~ ................ 8 5 17., ........................... B Ittot rI rl• OF k.' 141 1 b FOREIGN FUNDS THIS DAY. itt, B onds, K 111m_ 0 ep, i :,,'', Per Cent - — QN 4l( i):' p,,,: r rdh, 4- ! per Cent 9sa 4 A k : ll hrti i tte e h. : 11 : :: : 11 . IA per Cent. 1, 21, , . t 1e ~, th ee:eci:ne.c:.per Cent 2 L 21 ke, 31",, t5 . 1 Per i ,Cent. ob g o :, " 0, 15 per Cent. . 87 A N Aiit t ° N e ; Ls t . 3 _per Cent 37i l 'Ark, 4 H h Qor irmi e ' t . _ re rrod_ 3 per Cent. lBa bit. tond, "" e Cert. of Coup. not fun 4i p C l i , t, ~, r , 6 per cent 44 ttleIZ til e Ace° 7 Bl 4 i i 7 i 8 8 00 , ant. t u Ph i ", 3A per Cent. - r li t t ize L le nl4 on the above payable in Lonaon • - . ' l °4 p e - 7 1 :„ . * 2 4 Der Cent. 12 Gull 'iv". Certificates ...,.. , 1 30 TH . REE O'CLOCK. mitr ,„ .... . ....... i a 064 9- 1 9. 0 0. oastinneswitit 0 Colovi al ................ , Commercial of Loud. l English Licottiah and Australian Chart... Loud. Chart. Bk. 0 1 Australis Ditto New. London and County London Joint Stock Loud. & Westminster National Provincial of England Do. New National of Ireland New South Wales Oriental Bank of Corporation. Provincial ,of Irelands Do. New ' Royal Australn.Bkg. & Ciotti Imp Co Australia, Union of Australia, Do. Now Ition of L9idC9A RAILWAYS. (nosing Prides this day. Bantams done this day. 20 - 4i 81 - 8i 14 --13 14i - l 5 9 - 8u 86 - 88 62i 63 13i -14 A 7 - 9 5 - 4 5} - 6i 11 - 15 11i 11i 31 - 21 - 23 73 —, 75 5 57 2d - par 18 19 67 - 69 91 -62 A 79 - 80 iv 4 - t 6 93 -' . 5 66 66A 58 - 60 67 - 72 5 7 5 - 7 78i :9 7i 8 99 -- 100 100 —100 t id 1 834 —84 i 8i 741 8 7 25 - i6i 8 - 9 71 - 716 41 - 43 11 - 9 ii - 2 49 - ii 24 - ... 30 73 74 7 6i 41 3t 131 )3i 48 49 48 50 d par 5i 5 6j t;/ L d ar 27 - 29 ••• ""*" 45 47 12i 4 61 62 28 - 29 5 - 3 3 - 1 -- 38 - .. :9 - - 7- 8 5i -64 FOREIGN. 74 7i 2g - 21 4 - 3 i - i P 33 1 i 6i - 25 2i - 3k' • • .• 7 - 6 17i - lEq 52 54 92 - 94 - 2 -0n 2i li .-. 2 3 i - 291 - 21 99 - 101. 104 • - 105 107 - 109 100 102 21 3 / 4 - 22. 107 - 109 ~. - .. -- 4i. 3ip ..• - 1 iP 2 p i 5 7 2 -- 3 6 - 6. 35 ." - - 30 _•• , 13 13 1 251 - 25ip - 46 39 - 41 Pro 22 23 a iP 2 -- lid 8 —Bi -- 2i ••• pm - d .8i - 6-Pi ... - 18 = 18s M BANKS,. Zit 2 P ... - ... i... ••• d far i Id 11 - 18 f 1 2 0 21 is — Par RAILWAYS. :01 5 . 100 , 100 10 22: all All 5 1 25 41 . 1 4.11 21 33 _ 34 40 - 42 • •o• .4 16 - 72 7 -- 9 ... G ON THE SUN, LONDON, FRIDAY EVENIN'G, MAY 18, 1855. NAVAL AND MILITARY INTELLIGENCE. LINES LEASED AT FIXED RENTALS. RAILWATU• Lettsini, Company minim, e nee. this day. e,ss this day. The blockehips at Spithead—the Cornwallis, 60, Cap , tarn Wellesley; the Hawke, 60, Capt. Ommanney ; the Hastings, 60, Capt. Caffin; the Pembroke, 60, Capt. Seymour ; and the Russell, 60, Captain Scott—will leave in a few days, having been ordered yesterday to prepare for a move. It is conjectured that they go to Marseilles to help to embark a further French army of 50,000 men. Vice-Admiral Sir Thomas Coch rane commenced inspecting them yesterday, and they are being fast filled up with their full complement of crew. The Cruiser, 14, Commander the Hon. G. Doug las, returned to Spithead yesterday with a large number of volunteers from Plymouth for these ships. The Malacca, 17. Captain Farquhar, and the Gorgon, 6, Commander R. B. Crawford, left Portsmouth yesterday afternoon.for Constantinople, with a convoy of six gun boats ; they also conveyed a draught of about 200 Royal Artillerymen, who arrived yesterday from Woolwich for Gibraltar to join the Royal Artillery depot there. The Olin, 16, paddle frigate,'Captain Willcox, returned to Spithead on Tuesday night with the Flamer bomb-vesFel, which she had taken outside the Wight to test ; the re sult of the trial was that the whole of the mortars will be dismounted and sent as cargo in transports, and the hulls will be ultimately convoyed to the East by the Odin. The Lady Eglinton steam-transport steamed into Portsmouth harbour yesterday morning to disembark her invalids, consisting of one of the 4th Dragoon Guards, one of the Grenadier Guards, two of the Scots Fusileer Guards, three of the Ist Royals, three of the 4th Foot, three of the 7th, one of the 9th, one of the 17th, one of the 18tb, four of the 20th, four of the 21st. two of the 28th, three of the 33d, one of the 34th', one tle of the one 3B of t h one the 47 ref the two4ls twof the of the two ofe 44t h , two the 50th, two of the 55th, one of the 62d, one of the 631, six of the 77th, four of tLe 88th, three of the 89th, one of the 93d, three of the 97th—in all 74. There were no bai cases of helplessness ; all were removed into tempo rary quarters at Portsmouth, pending further arrange ments. The Glutton, 16, screw floating-battery, is in No. 1 dry dock, Sheerness. Shipwrights are working at her bottom, in which many defects in the caulking have been discovered, which will detain her some time longer in dock. The Enterprise, exploring-ship, Captain Collinson, C. 8., is in the outer basin, Sheerness; her crew are busily employed dismantlin g her and getting the stores out, &c. Tuesday or Wednesday next is the day named for the crew to be paid off. The Dapper, screw gun-boat, Lieutenant Grant, is still under the hands of the shipwrights in the Camber dry dock, Sheerness. ' Her repairs are fast proceeding with, and no doubt by the Ist June she will be ready for sea again. The Brunswick, 90, screw, will be launched from Pembroke royal dockyard, on the Ist of June. To-morrow the brigade of Household infantry will be inspected on the Horse Gu-srds Parade by Prince Albert and the Duke of Cambridge. The men will all wear the new tunic. regimentals. The following appointments and promotions have bee' made : Naval Cadets.—Hon. H. - G. P. Meare, to the Bos cawen ; A. Bloxsome, to the Sanspareil ; J. W. Gam bier, to the Retribution ; F. Phillips, to the Cornwallis; R. M,ffatt, to the James Watt ; A. Bannatyne, to the Orion ; T. Campbell, to the Blenheim. Commander V. A. Massingbred, Commander James Rawstone, and Commander Thos. Miller, to be Captains. Lieutenant John Seacombe, Lieutenant E. K. Gore, and William Armytage, to be Commanders. A few days since the 13th Light Dragoons, stationed at Dorchester, were assembled to witness the presenta tion of a silver medal to one of the sergeants for his dis tinguished bravery at the battle of the Alma. The ser geant, who lost one of his legs in the engagement, suc ceeded by a desperate effort in saving the life of the commanding officer. The Kangaroo steamer, which left Cork with troops a short time since, will return to that port in the course of next week for another trip. She will take on board horses and water. On Monday five officers and six men from each of the depots of the 9tb, 17th, 39th, and 89th (comprising the provisional battalion in Limerick garrison) left for Lon don, to be present at the pr esentati o n t f the Crimean medals by the Queen. The officers are, Capt. Newport, 9th : Captain Earle, 17 th ; C a p tains Wilson and Dick son,. 39th ; Captain Nixon, 89th. A similar number has left from all the depots now stationed in Ireland. A party of 18 men of Captain Boxer's company Royal rom Woolwich, left Limerick on Tuesday, by the Erin-go-Bragh steamer, for the forts on the Lower Shannon, to relieve a like number of that corns, ordered to Woolwich. Among the party were five young fel lows who had returned invalided from before Sebastopol, where they received bullet wounds which all sited their limbs, but did not incapacitate them from doing duty at home. THE MILITIA. Returns obtained by Colonel Gilpin, M.P., and just published, inform the public that in England during the year 1854 1,483 militiamen entered the regular forces without permission, and 10,326 with permission, mak ing a total of 11,809 -ut of an establishment of 80,000. In Scotland 196 militiamen entered the regular forces with perinissi-n nut of an enlistment of 10.000, and in Ireland 260 militiamen entered the regular fn rces with permission, out of an establishment of 30,000. This makes a grand total of 12 265 militiamen who entered the line in the year 1854 out of a total establish ment amounting to 120,000. M 4 BK.la NNWN-IT HIS DAY, C;OILN . EXcil A NO.E. „..._ The present week's arrivals of English wheat, coastwise and by land carriage, have been tolerably good; but the show of samples in to-day's market was very moderate. On the whole, the demand ruled steady, at Monday's prices ; but the amount of business done was far from ex tensive. There was a fair inquiry for foreign wheat—the imports of which are over 10,000 quarters—and the quotations were well supported. We had a steady inquiry for barley and malt, at full currencies. The supply of oats was good. The oat trade was inac tive, at late rates. Beans, peas, and flour sold steadily at Monday's quotations. The imports of the latter article aro over 12,000 sacks, - chiefly from Spain. Wheat. 3,270 •RRIVALIS TIIIII WIS ES. Barley. 1 Walt. 2,940 , 7,33 0 -- ) Oats. 441 1,900 j 19,210 j 123605 ks 50 brls. Flour 1,860 English .. Irish •... I Foreign .. I 10,780 SMITHFIELD. To-day's market was well supplied with aped all kinds met a dull sale, at a decline in the prices obt on Mon day of 2d. per Blbs. There was less activity in the sale for sheep thau on Monday, yet that day's advance in the quo tations was supported. Lambs were in good supply, and active request, at very full prices. Some small calves moved off freely at active rates, but inferipr veal met a dull inquiry. In pigs, scarcely any business was doing. Milch cows were steady, at from 141. to 191. lower, includ ing their small calf. Per 81bs to sink the offals. s. d. s. d. s. d. s d. I Inferior Beasts.... 3 o to 3 4PrimeSouthdown 4 8 5 0 Second quality.... 3 6 3 81La.rge crse. calves 4 0 4 Prime large oxen 310 4 2 P r i me small d 0... 410 5 4 Prime Scots, dic. 4 4 4 6iLarge hogs 3O 4 0 Inferior Sheep ...3 6 3 8 iSmall porkers 4 2 4 4 Second quality ...3 10 4 0 Suckling calves.. 22 0 29 0 Prime crse.-wlled.4 2 4 4;Quarter old pigs 20 0 25 0 Lamb ss 2d to 6s 19d, TOTAL SUPPLY. I FOREIGN SUPPLY. Beasts ..•••••••••••••••• 1,135 Beasts••••••••• ••••••.• • 180 Sheep .•• •• •• •••••• .• •• .. 8, 00 Sheep .••• •• •••• •• •• 90 Calves ..................3 00 Calves.••••• •••••••••••••• 210 NEWGATE AND The general demand rulec supported. Bedford and Bletchley Buckghamsh. Clydesdale Jc. Col. Stour Vy. Sud. and Hal. E. Lincoln gr. 6 per cent. Glas. Barr. & Neils. Direct' Do. New Glstr.dt Dn. Fr Firtlpl. Dk. & Railway Hull & Selby Do. Shares. Do. Shares. Lon. & Greenw Do. Preference Lon. , Til., & S. Lowestoft gr. 4 per cent. Do. 6 per et. Manch. Bxtn. and Matlock Middlosbro' & Redcar. . London & N. West. L. &N. W. Ca.ledon... E. Un. & E. C 7- 9 9 9 - 101 qt. Nrthii. rialdonian. 134 - 136 Do 'it. dies ;1 Irk. New. & Berw. Y.&NId Do. 1 66 S. Easter 1)0...... . ... -- . ni -- 13 23 -- 24 lli -11 i Peto & Co. gorfolk ,Do W & Midld Stekton Darlingt 2i - 2i 92 = 94 Midld.Bradfd Newmarket Bury Exton Northern an' Easternsp.e Do. ti per et. Do. Fixeds p Brest. & Wyr. En. Cowl par 4P S. Count no no 57 - 59 t,. & N.V Lno 7 l , )0 at North, !.,aneash Yorkst,. T. Brassey 4tockt Darn ugt Do. Stirs. A floystn.St Hit. Shef.Roth an:. Goole g. 6 P.C. ihrews. &Her S. Statlords6. Wear Valleygr 6 per cent... 130 - 133 7A - Si 1 24 SIP tqkr-otnrst 1 3 / 4 - 32 3 / 4 89 91 1t WAstn PREFERENCE SHARES. X berdeen 100 --- 102 87 84 Do. No. 2, 7 p. c. Itlyth and Tyne 10 pal c. pref. (issd. at 50/, & Ex. 4 p. c. Si Do. 4 p. c. Shares... *al edonian £lO 91 - 93 98 - 99 ',ester & Hotthea , ' .mar. 5 per cent to. do. Pref. No. 2.. do. Pref. No. 2. "no. Prth di r. J. 1 1. Cl,-.ASh D. do. C s. B 6 p. c. Do. do. Cls. C 7 p. c. '.astern Countieo tension,s P.C. No Do. No. 2 2i -- 34 51 - - 1 p -p 3 -1.3 k bo. New 6 r . c. St Nast Un., G. 6 p. c !)o. 51., 10 ner cent. tIo. 101. Del)entr.Sb. I Do. do. 4 per cent... .east Lane ash. 6 p. rdo, 11.&W. York. J. sths Prth.SiDun.4p.e. Fu rne•=s 58 - 62 11 as. St S. W. G- 5 P - c Great Northn. 5 p. c. ')o. 5 p. c. Redeem.,. at 10 p• c• prem. 11 - 6 - 118 - 111 101 - 103 Ho. 4 e I Do 5 p. c. Scrip, Red, 5 p. c. Pm qt.N. of Scot. Ist Prei 'lt. S. & W. (Ireland Do. 4per c. Prat. Gt. Westn. (perks At . Hants Ex. 5 p. c).. Do . eon. red. 4 p.c Do. con. red. 4 p. c irred. 4p.c. Do. Birm. Pref Sh Do. Cnester 8 p. c.P.S Do. do. 5 p. c. do Do. Birm. Gua. Stk Do. Ches. Gua. Sh Do. do. do Do. do. do ...... •.• •• • Lan. &York. F. EV Do. 6 p. c. Stock Lon. & Brigh. G. 5 p.c Do. Pref., 5 p. c. St Do. New Quar.6 p. c Do. dn. 5 per cent. Lon. &N. W., Coy. di Nuneaton 5 P. et Lon . & S. W. Con. 3 3 t• Londy. &en er. Sh. Londy. & Ennis. Kan., Shef., & Lin. sTew, £lO Do. .£fi i - IP 6 - 6:t 97 - 99 88 - 140 91 - 93 10 - 11 17 -17 i 10 10 72 -74 191 -19 i 9 -94 -14 i - 14 1 135 - 137 2i 3 1 131 -13 i # -- fP '4hrypt.&Ca.r l -;.p 42 per cent.... PO lid. C 0111301.6 •eonsol. Bristol ft, p e r emilt 96 138 96 - • - 4 - ILA Do. 4? p. c. Pref. St rj. , . I f . , pc,' ~ • Do. 5/. P . f 4 p. c.. Ditto Leic ster avid Hite' eu Pr 1 St. 'lv eiiik Debenturi. Do. Prof. 4 p. a. St.. •). A /3. c. Ext... .. i ),... 5: 4 ; per et. prof. Do. Way. Val. 5 p. • -87 04 -1( 6 'North British 4. Pores, 4 p.c. P Do. do . . do Do Leeds 6 p.e cNo. I Dc. do. Quarters 4 , ) 0 . York H k ;' , .r North )xford, Worcester. • Violverh.£ls. 6 p , cot. Cent., New Pr, ionth Devon 98 - 100 ,1 -93 34 - 3i _ #,~ 104 - 106 13 t id pay )n. fixed, 44 per cen S. Eastern (Readi ` inn.) of 4:1 Os. 6d Do. 41 per cant S Wales Gua. 4p. c. Do. do. 41 p. c.... Yorksli.4p.c.Guar. gtock.& Dar., 5 p• c. Do. do. do Stock. & Narti. g. r. c. till July 1, 'M W „tei fd. & Kilk .6 p c - 23 98 - 100 1 . 6 ---- -- 2 r. - : ! 1 all 2t - 5 i 4 iW..teifd.&liiik.opci 4z -,.} MINES. 1 al, Agua Fria ... .. .. 8 ••• 8 1 all Anglo Austrin. Gold ... ... ... 10s. all Anglo Ca lifornian 1 20 6 Australian ..... .. . /— 11 1 all Australian Cordillera ... - ... 1 all Ave Maria . 1 all Baden (Gd. Duchy of) . 1 50 all Blxuarvon Iron and Coal ..... 5 7 20 13.5 British Iron 4 6 35 26 , Brazilianlmp.(issued at E 5 pm.) 30 all Do. Cocaes & Cuiab 24 3 20 15 Do. St. John Del Rey 31. —33 1 1 Carson's Creak i 1 ; Clarendon Cons. Min Co. of Jamaica I -- id ,a 40 all Cobre Coppe r 5 1 Colonial Gol d 8 1 ' St. all Copper Min. of Eng 30 25 all Do. Pref. 71 p. cent 2d var 1.6 Copiapo ... , ...... ..... 21 23 •. 5 a ll English and Austin C op p e r Smeltg n- 14 11 2 1 Fortuna 15 —— id 1 7 20 all General .... . ..... . ..... 1 1 all Gt.NuggetVcin.Reg. a -- 8 41 all Great Polgooth . ...... 8- —ll 1 all Liberty .............. ... 1 - 1 1 3 all Linares .. ............... 61 11 5 1. L us itanian ............. lp 1 411 Mariquita. . . ..... ..... 1 all New Granad a — 1 all New Linares Mining and Smelting Co ... ... 1 all Nouveau Monde 1 1 20 all Pontgibaud Silver Lead Min. & Smelt. 141 151 5 1. Port Philip i -- 1 all Quartz Rock A --- I 50 all Rhyniney Iron l9 21 15 all Do. New 5 6 31 12i Santiago de Cuba 5. 6 51 1 all South Australian a— 1 / 10 i'i Tin Croft ........-... . 2 -- • a 28 all United Mexican 6l —6i6l 1 1 all Waller i 1 all West Mariposa 1 t 1 12a. Worthing Mining of Australia all Ynha. MISCELLANEOUS. 25 17.1 Australian Agricult. 31 33 34 2 1 10 all Allti'ffaln. Royal Mail ~ . • 10 7 Berlin Water Works 31 3 d 50 40 Brit. Amer ican Land ... ••• 5 1 Brit. & Coln. Smeltg. and Reduction Co. ... • - 100 321 Canada ll2 1151 St. 100 Canada Gov. 6p. ct Jau. and July 1091 110/ 1101 10 f ... 5 a ll Crystal Palace 3l 3 1 .4 5 4 Do. Preference.. l—ip 41 4 a ll Crystal Pal. of Franc, ... ..• 1 i Dnston Iron Ore ..• —„. 20 81 Eastern Steam — 25 22 Electric Telegraph 163 171 1 all El ec t r ic Teleg. of Ir. ... ••• 15 14 Gen. Steals Navigat. ... ... 26 20 all General Screw Steam ... ... 141 20 10 Irish B eetroot Sugar ••• ••• 20 10 Magdalena St. Navig „. _ „. 10 all M e dit e ran. Elec. Tel. ••• ,„ 10 9 Mexican&S.Americn. 61 7 10 '2l Do. New ........ • ••• ... 1 all Nat. Pat. Steam Fuel . . •• 10 10 5 N et h er lands Land.— 1 - it 2 1 N.B. W. Coal &Inter. Steam Navigat. Co. . ••• 1 all N. B. Australasian... " 1 1 20 15 Nrth. of EuropeSt -aim ... ... 5 all Peel Rr. Ld. & Minrl. 21 3 2i 3 50 all P en i ns ular&Orieutal 60 62 50 10 Do. Now lli 12 2 all Portland Iron Co li li WO 60 Royal Mail Steam - 74 73 i 1 all Scot. Austral. Invest • 11 11 1/ 1 1 / Ditto New. i i i 25 all South Austral. Land 34 39 39 Ei 9 1 all Submar. Te l . Scrip_ i 1 i 1 a ll u,,, tt,,, , ist , ATed ... -- ii • 20 5 Trust& L.Co.II.Can. ... .... ... i 10 0 ai :N I Polll ll'o laa4 Di :11 - --- ... _ THE MONETARY SYSTEM. A meeting of several gentlemen, specially invited by the Mayor, was held on Tuesday evening, at the Ex change, Nottingham, to confer with John M. Knott, Esq., of Kenilworth, on the above important subject. The Mayor, who took the chair, having requested Mr. Knott to open the question, he addressed the meeting to the following effect : —The period is at band on which the Government should give notice regarding the discon tinuance of the Bank of England Charter Act ; and it be hoves all those who are most interested, including manu facturers, tradesmen, and professional men to be on the alert to procure a supply of suitable money, and a suffi ciency of it, to meet the requirements of production and commerce, and to put an end to the pre sent fluctuating and crushing system—introduced in 1819, and completed in 1844. It wag affirmed that our National Debt and large indirect taxation do not consist with metallic money of intrinsic value at the price of the world, and therefore the exist ence for many years in this country of Bank of England and country bank notes. This principle of relief, it was shown, had been so seriously obstructed by this tamper ing of public men in the periods referred to as to create great pecuniary embarras , ments. It was shown that the proportions of currency to population in Great Britain ranged thus in the years specified : Porm lation. Bank of Enz- Country and 1 Ind 'otes. Scotch ,ores. In 1818 14 mllions. 28 millions. 23 million 4. H 34 21 millions. 20 iniiliong. 11 millions. Total. 51 ml liotr 31 millions, would be made for the purchase of corn without the pressure now experienced. Mr. T. H. SMITH observed that as the fair remits of legislative inquiry had been defeated, he would propose that every ,ffoit should be made to prevent the act of 1844 being renewed. After some discussion, it was resolved on the motion of Mr. FELKIN seconded by Mr. SMITH, " That our at tention having been directed to the fact that the Bank Charter will be continued in operation unless notice of its discontinuance be given to the Government this year, it is the opinion of this meeting that it would be both inexpedient, unsafe, and unwise, to renew the Bank Charter Act of 1844, and we resolve that we will do all we can to r e si s t it s renewal by pet i t i on i ng t h e Le g i s l ature against it, as well as by calling public attention to its evils." The resolution having been put by the MAYOR, it was carried unanimously. Mr. FELKIN and Mr. Surrrt then proposed and se conded a vote of thanks to Mr. Knott for his able and interesting address ; and Mr. Knott having returned thanks the meeting closed, with an understanding that the gentlemen present constitute a commi t t ee t o carry out the object of the resolution. It. 100 3t. 100 15 24 R. 1 all all ,DJ all 2 all ;0 all LO all 10 5, 4 , all ;5 ill 2 , 1 1,11 ;5 I ;g:, .0 I all 2 f 1 all it. 100 St. 1100 st. 11(X it. '11)0 !CI 5 it. 1 -1 (1 L 5 all 62i i 3 2/ 3 lli a 18. 19 92i 2 79A _- _ 125 i 78i 981 i 1 9 i [IPO I 11 100 99 g 1001 s 1$ 83i 2i 2 5 i i i 1 71 i 1 f I si 42 21 50i 29} } IL. 1100 641 all al .0 all 0 all 5 all 1.0 all it. all It. 100 5 all t. au , l 0 all It. tin It. 100 100 it. 100 12i 51 10 all ;t. 100 Si 73i i Si Pi • II 13j 1 494 i Si 12 28 i I si 12; 61 I .24 all [24 all .0 all 6 Gl all [2i all L 2I I 1.0.. St. !lon 11110 t. \lOO I .6A I'o 5 sit ,100 LO 10 •00 3t. 1(o - it. ;00 It. 100 It. 00 00 L 7 • 5 !O 13 24 9 15 10 it. 11(v) 25 I all 10 .0 11 all t. 10k, all F 6 at 7g R/ 33A x d 21i 20/ li 100 i $ 165 A 1 108 20 3 / 4 4t 271 8 43t 901 pm 51 i 98i 93 104 i 5 LE ADENH ALL. steady, and prices were well Per Ms by s. d. S. d. B. d. s. d. Beef, inferior 210 3 2 I Mutton, Inferior 3 2 .3 6 Do., middling 3 4 3 6 Do., middling 3 8 4 0 Do., prime large .3 83 10 Do., prime 42 4 6 De , do. small ....4 0 4 2 Veal 3 8 5 0 F. large .• .. 4 3 8 Pork, small 310 4 4 Lamb 54 Od to 6a 6d. tb o carcase. BOROUGH HOP. Vet" few home-grown hops are on sale, and the market is very firm, at full prices. The imports this week are 100 bales from H,►mburgh. Mid and East Kent pockets, 141 Os to 20/.. Weald of Kent ditto, 13/10s to 15'. 10s ; Sussex, 101 Os to 11111s'; and yearlings, 0/ Os to 0/ per cwt. COLONIAL. s t b 3os t t f 0 0 r 36018 efa prices,ott Uni ted eonicninl TEA.—At the public sales common green has sold heavily but good qualities at previous rates. Congou privately has been in request at 84(1. to 814 for common. SUGAR.—The market for British plantation has been active, and rather fuller prices have been obtained. At auction Barbadoes sold at 34s 6d to 40s 63 for fine yellow, at 38s to 39s for good, at 368 to 37s 6,1 for mid, and at 33s to 35s 6(1 for low Demerara. Crystalised realised 42s for good. East India—Native Madras brought 28s 6d to 31s. and ord to good yellow, 32s per cwt. Bengal, low to good white, sold at 37s to 393 6d. Very little has been brought forward. Mauritius has ruled firm ; fine yellow brought 38s 6d to 395, ord to good ord 34s lid to 38s, brown 30s to 345, refining 32s to 38s, and crystalised 38s to 42s 6d per cwt. FOREIGN. —A cargo of Pernambuco went privately at 25s 6.1. Havannah afloat realised 21s Tod for No. 11, and tageyaedenerdd, the e d m at a ls et 6 i d s y Ki at lo h n n e g r d p o a a m d rt ; ly an M s c o e a l d: to 34s 116(eififnoard d :r m ow p n a l n u ( m i pwhsaiphgahhalaevnde:been in request at 46s 6d, publicly o c y 6l a s t s fo 2 r d fi r : e a r P 6cl at for triage. Good ord and grocery at 475 to 52s per cwt. naiellaargaot oafuNctoio.nl3so2ld3sa, very d f)anrta Ct lt tl6° : vt RICE.—FuII d s ull t F nl—omo u ni ii l Sc l ls p isad r s i andef c erbosres consequence.ea a a ngt are e sd i 1 11 current r r e fist n sen t d: ; a t b 4 u t 7 47s the to 47 p a u 6 r purchases h per as e cwt. r e limited. Yellow bold Beng went iantceanute'stibonrowugahatta4kiedu itnoas:d2,63an6dd per cwt. SPlCES.—Pimento has sold steadilyat 41dto 5d and*. Sound Malabar brought 4,1 d, and first class damaged 4Rd. gVa Per ceut. refraction, and Bombay at Rim—East India is dearer, being 2s lld per gallon. Ja A ns32 R ; R iacT O : W z At Tr 0 : 0 16 t T il o._ . . .. - - - - t,Bo r de t „ . to 21s Gd for 28 per cent. per lb. INDIGO.—The public sales have progressed with spirit, Kurpahs being 2d to 3d dearer than last week. Good Madras has realised 3d to 4d advance. Up to last evening 9,010 chests passed, of which 5,033 were sold. TALLow.—This article has been depressed, and P. Y. C. a e lu o e f . vAegeetaargtioen perin on the spot is about 52s Gd per cwt. iacthaanel's, advancesol d b o y f 2s feeling and 36 and pe t sHo h u G i u s nn n c dt E o:u nc il n ot t n r F d y i n t i lj i m o i n T 7 .— o a v n T e d h s etshubesat.deakeinmwsaaturhddeirgftoavrt Foreign Oranges of Electric F p l u a b sb lic f s r a l l in e, S went li package. Nuts of all kinds in better demand. Lein° llll dull, the cold weather interfering with the confectionery trat e . _ ERUPTION OF MOUNT VESUVIUS. Or about 31. 10 , . each for a population of fourteen mil lion., and 30s. per head fa. a population of twenty-one milli n~. Premising that the nature of money used in a country should be considered with reference to the prices to be expressed—in our case combining large taxation with natural value—th contractions we have suffered in monetary affairs were shown to have arisen from the attempt of theoretic legislation to render the bank notes in circulation strictly conformable to gold ;—the at tempt was described as po-itively antagonistic with the fair and just adaptation of prices to our highly taxed condition in this country, and as clearly productive of the commercial or rather monetary panics of 1822, 1825, 1836, 1839; and 1847 ; panics in which the property of all men engaged in trade had been for the time of their prevalence depreciated fully 30 per cent.—a state of things from which this country is now only delivered by arrival of metallic treasures from California and Aus tralia—which arrivals it was affirmed passed through this country as through a sieve, leaving our monetary circulation almost as sensitive and fluctuating as it was before their discovery. Here illustration was afforded by reference to the " Bank of England Barometer," recently published by Letts, which Mr. Knott stated should be consulted by all persons likely to be affected by the fullness or scarcity of money. The fact that we never had in this country a period of sustained remuneration in price when the Bank of Eng land note circulation was materially under 24 millions, was placed in comparison with the much loner period during which the commercial interests of this country have been struggling with a sum under, rather than over, 20 millions, and this under the action of the Bank screw —applied as it was— as the inevitable law of the existing system, to check the departure of gold in 1853—that is to say, to force down the prices of this country so as to render them cheaper for exportation than the gold neces sary to the convertibility of our paper money. The action of this strange operation was shown by references, to questions and answers of the governor and deputy-- governor of the Bank of England, on occasion of the Commons' committee on commercial distress in 1848. The answers adduced were those numbered 3,278 to 3,283 inclusive. The act of 1819 was declared to have proceeded on the egregious error of Mr. Ricardo and others, that its operation would not diminish prices more than three or four per cent., while it was soon admitted that by the fall in prices it had aggravated the national debt and taxation 30 per cent., as proved by silver coins of that period, produced by Mr. Knott, and showing that full difference between the intrinsic value of the coinage as at that time and at, the present. Prices it was affirmed had been reduced as much as the currency was appreciated. No wonder, therefore, it was remarked, that the princi ple of the act of 1819 had, of necessity, been mitigated in the years '22, '25, and '36 ; that this country had never enjoyed a prosperity except in periods of its prac tical suspension ; and no wonder that when, by the mis chievous legislation of 1844, it was rendered an inflexible reality, it gradually prepared the way for the terrific p inic of 1847. The attempt at gold convertibility was shown in figures to be a mere fiction unworthy a great nation like thie. The attempt to erect the measure of value of gold into a standard of value was denounced as fraught with the depression of honest, but smaller capi talists, and with the comparative misery too manifest in the working classes. Here a passage of a speech of Lord J. Russell in the House of Commons in the year 1844 was read, in which he showed that, com pared with the last century, there had been a deplorable diminution of the comforts and social condition of the labouring classes, while luxury had overspread the more wealthy portion of the population. A comparison was drawn between the effect of the system of money which, with all its defects, nourished industry during the long European war, and that which now exists under conver tibility at a fixed price of gold. The seventy millions of taxation paid cheerfully by a population rising to four teen millions only, was contrasted with the fretlulness felt at a similar extent of taxation at this time, while the severity millions of loan during some years of the war was adduced in proof of the prosperity afforded by the monetary system of that day. It was alleged that this action is essentially one to be fostered by crelit ; that credit is, in fact, a proper consequent of civilisatien, while it appears to be the object of some modern statesmen to force us back to a condition of barter and to disallow the working of • our mines of coal, iron, and lead—our mills and our machinery—in the arts of life, unless we can first measure our operations by the presence of a metal of foreign production. The effect of panics was illustrated by the case of an indivi- I du LI who he would suppose lia,•l embarked a surn of capi tal, partly borrowed, say of 10,0001., in a business con sisting of plant, mock, and debts ; that, no ing upon the spirit of this commercial age—engendered by large capi talists—of small profits and quick returns, he had in curred a liability to the extent of some 20,000/. or 25,0001. per annum, and was suddenly brought under the influ ence of one of our periodical panics. His banker, under the pressure and alarm he felt, bad unwillingly come to the determination of diminishing the scale of his accom modation to customers, and declined to discount in con tinuance the ordinary paper of this tradesman, which did not exceed the usual dates of his trade. Rather than resort to the Jew, and wrong his creditors under usury, he stopped payment. His assets at once became depreciated 30 per cent. ; and where was his capital ? It had totally disappeared. He appealed to his creditors ; they offered to accept 15s. in the pound. His friends, sufferers already, dare not come forward with the requisite security or means—arrangement could not be effected—ruin succeeded, and in the midst of panic, bankruptcy wound up with a dividend small, in deed. This, it was observed, was a type of a deserving and middle class or tradesman ; and on this class was our monetary system now telling at the present mo ment, notwithstanding the Bank of England screw had brought back three millions of gold to her coffers. The increase from twelve millions had not enabled the pro ducers of the country to enjoy more than the addition of a million to the circulation of Bank of England paper ; each million of which withdrawn, or added to, involved the destination or fate of the several millions of bills of exchange they sustained. Mr. Knott said he was not there to propose a substitute for the pre sent system ;—that end might be effected in more ways than one. But he would say this much, with confidence : Gold is mainly valuable to us in our fo reign exchange. Why not, then, at once solve the difficulty by carrying out honestly and consistently the principle of free trade, putting gold at its market price in a suitable, sound, and sufficient paper money of the realm, limited by Parliament, and receivable in taxes ? He concluded by observing that it was the oppression and inhumanity of the system that induced him to enter into explanation• like this, and this because under the existing system we witness those who produce our wealth, year by year, insufficiently fed, clad, and housed. He desired to see such an alleviation in respect to prices, of our present erroneous system, as would secure " a fair day's wage for a. fair day's work," without plunging the liberal employer and capitalist himself into bankruptcy. At the conclusion, Mr. T. H. SMITH put some ques tions to Mr. Knott, and particularly as to the working of the proposed system in preventing imprudence. It was replied that no legislation could prevent imprudence, ai.d that it carried its own punishment and correct on. Mr WRIGHT observed, that if Mr. Smith's questions implied that the present system tended to prevent im prudence, it should be considered that it was calculated to create imprudence and foster speculation—rendering money at one time a drug, and at another almost un attainable ; thus reducing commerce to a 'system of gambling. Mr. FELEIN said he had listened with great attention to Mr. Kno t's remarks, and wished he had dwelt more on the very important contrast he bad drawn be tween the proportions of currency now, with those dur ing the war ; that he had long been convinced that some great defect existed in the act of 1844, which admitted such enormous fluctuations in the value of money ; and after entering at some length into the subject, proposed that the Legislature should be requested to institute an inquiry int i the wor king of the act. Mr. WRIGHT replied that Parliamentary inquiry had already been made, and in vain ;—that the inquiry in 1848 after the panic, when he was examined, had pro duced a large blue ook, which no one read ;—that the Report of the Lords' Committee was indeed a most ela borate and excellent one, declaring that the act of 1844 had produced the panic of 1347, and that, if it had not been suspended, the Bank of England itself would have stopped payment ; that in the Commons, on the other hand, it had been contrived that the Commit tee should in the majority consist of the originators vote the act, including Sir R. Peel himself, who passed a v t o h e e that it was not expedient to make any alte e i f •ati act ; that the reports of the two Houses . n P o ar n lia in ment had been thus neutralising one another, legslatio avoided altogether ; that the Lords' report,t_ ehomwaenvueari remained a great fact—that it d i ese t r a ve u d se to fu b i of all currency reformers, and t ia b a t Assoc c t of at had been published by the Currency Reformat tion. Mr. KNOTT added, t hatf truth , thereport in of th t e he tee C t h o m o m f t n h s e , drawn up in defianc e o evidence, q u estions, to which w as a great disc redit to the Legislature Mr. Knott Mr. BEA RLT p ut some q replied. Mr. Tomussos inquired as to the d e w ffe a c r t ; o w f Veen Mr. posed system in that the o ey f e s t c em arci h ty e a s n uggested would be Knott showed tha better in both cases, and that the gold, a t b presentlocked . up in clonte a tic circulation being lot at li ert7s Pro_7 l _ The following is an extract of a letter from Naples, dated May 8 : "You may conceive my delight this daj last week, the let of May, when I came to dine at --, and th e servants told me that Vesuvius hail broken out ill a vio lent state of eruption. I thought the dinner would have never ended, I was so impatient to go a-id see it ; how ever, at 9 o'clock -- ordered his carriage, and we drive to Santa Lucia, which is, you know, the quartier on the Vesuvius side. It was a lovely night, without a cloud, and the moon as bright as in the month of August. As we turned the Chiatamone there was the mountain standing out of the plain against the blue starry heavens, and a broad stream of lava slo xly rolling down its cone, and fiom the summit a thick cloud of smoke spread over it in the shape of a gigantic pine tree, the lower part of which, from the reflected fire, was red, while higher up a thick black layer of smoke, with a white top, lay curling over like the foliage of the tree. The lava was streaming in one broad flood from about half way up the mountain's cone, whence, when it got to the bottom, it seemed, from the ground being leas steep, to crawl along until it reached the edge of the old crater that forms the vacuum between Vesuvius and Monte Somma. Here it found itself arrested on the brink of an abyss some 200 or 300 feet wide ; and, from the distance we were at, we could see the stream of fire rushing over like a vast cataract, with immense boulders of red-hot rocks hurled over, and chasing each other down until the ground got more even, and the speed slackened. From this point the lava crept on, but so slowly that it was difficult to mark its pro gress ; and the effect was beautiful as it burned the trees it met in its course, which flamed up with a bright blue light like Roman candles. The reflection of the burning mountain was thrown across the sea on the very edge rf the spot where we were standing, and formed a lovely contrast to the beams of the pale silvery moon as they lit up Capri and the Sorrento coast. The best remains to be told. pro posed going on to Portici to see the eruption nearer. When we got there I suggested Messina as preferable ; and, in short, it ended in his taking a donkey we met, and I walked. So we proceeded, both of us dressed as we were, in thin evening shoes and light apparel, until we reached the summit of the mountain, after a severe tug of two hours. However, we were well repaid, and I shall never forget the scene, as we stood within a few yards of the cataract of fire which I mentioned before. A strong wind blew the smoke over Monte Somma, but the heat was terrible, for we were pretty near it, of which you may judge whet I tell you that, fautede mieux, I lit a cigar from the edge of the torrent as it rolled over the edge of the mountain. We remained there some three hours, which passed quickly enough, and as we descended the mountain we were gratified at seeing the eclipse of the moon, which took place at about 3 o'clock in the morn ing, and of which previously we knew nothing. In short we were very fortunate in the night, for it was the only one on which the moon bad shone since this day last week. As you may suppose, the lava bad made great progress, and it does not seem to be diminished. I went again, but to another part, last Saturday night. It was then threatening a village called San Sebastiani, for it has already got into the plain, and has destroyed an infinity of property. I hear to-day that the stream is 600 feet in breadth, and has engulfed three houses. They have sent firemen to build walls, to try and turn the direction of the stream. However, that won't do much vod. When I was there last Saturday it was a curious sight to see the wretched proprietors cut ting down their vines and trees to save the wood. Thousands of people were standing in front of the ad vancing flood, for in the plain there is no danger as it moves about 50 yards in five hours. When it is likely to cease nobody can tell, as every day the mountain opens fresh craters, and it is likely to continue to do so. To-day we have an awful storm, and it is thundering and dightning and raining torrents, such torrents as are only seen in Naples. If it clears up -- and I are going this evening to see`the village destroyed.' People talk of it as if they were going to the Surrey Gardens. However, it is no joke for the owners ; and a branch stream has made a direction of its own towards a lovely villa be , longing to the Marquis St Angelo, and in all probability by to-morrow he wits have an unpleasant neighbour in his flowtr-orden. This is the most popular eruption, they say, that has ever been known, and all the world goes to Vesuvius of an evening. The King and Queen went 'there the other night, and spent it on the mountain. The last three or four eruptions have always taken place on the other side, and consequently have been difficult 1 to get at, and but little has been seen from Naples. This one, if it goes on, will do a great deal of damage, as there are three villages between it and the sea, and the ground is much cultivated. I shall be able to tell you snore about it in my next letter, as I have not given you much of an idea of what a grand sight it is. Tee fact is, it would be very difficult to do so, as any description would fall very far short of the reality. 1 had heard a great deal of the effect of eruptions , and pictures repre senting them are not scarce, but I can assure you that nothing I had seen or heard gave me the slightest idea of what it really is." THE CHURCH-RATE DIVISION. 5 Members of the Government voted against the Bill, and 12 voted in favour of it. 2 Cabinet Ministers voted against the Bill—Lord Palmerston and Lord J. Russell. 2 Ditto in favour of the Bill—Sir W. Molesworth and Mr. V. Smith. 2 Absented themselves—Sir Charles Wood and Sir George Grey. 1 16 Holding office also were absent. ANALYSIS OF " THE NOES." From a Register kept by the National Parliamentary Reform Association. Ayes, 219 ; Noes, 191 (Tellers included). Of the 191 against there were— County Members. England and Wales 7B Scotch Irish University Members 4 Borough Members. England and Wales 75 Scotch Irish 191. The County Members represented a population of 6,227,326. ' Th.; B.,rough Members represented a population of 1,089.655. Influence-74 were connected by birth or marriage with the aristocracy ; 48 had interest in Church Pro perty. _ _ In L - Incashire only 2 Borough Members voted against. In Yorkshire 5 of the 6 County Members voted against, but none of the Borough Members. In Scotland 1 Borough Member voted against the second reading. AD VINIST hATIV .8 REFORM MEETINGS. pu e bc BOSTON.—On Wednesday last, in compliance with a re cithuilsB i b ti o ° r n o ' u g s i h gn c e a d l eibiya men li of maelletpinngrtoiefs,thteheinMhaabyitoarntosf in the Guildhall, to consider the propriety of requesting the borough members to support Mr. Layard's motion in favour' of administrative reform. The proceedings throughout were of the most spirited character. DEPTFOED--Last evening a crowded public meeting of the inhabitants of Deptford was held at the Lecture hall, High-street, in order to adopt measures for the for mation of an auxiliary association for the promotion of administrative reform. WOLVERHAMPTON.—We are glad (says the Worcester shire Chronicle) to be able to announce that a requisi tion to the mayor is in course of signature in this city, requesting him to convene a meeting for the purpose of enforcing the demand for " administrative reform." This is the great want of the age, as testified by the late deplorable scenes in the Crimea. LIVERPOOL.--A requisition has been in course of sig nature for the past few days in Liverpool, addressed to the Mayor, requesting him to call a meeting of the in habitants, in furtherance of the cause of administrative r eform. 'The requisitionists we re composed of persons of all shades and opi nions. His worship the Me, who is at present in L ondon, sent a telegraphic Foessag 1 3 , with their to the requisitionists th at he could not comp request. ADMINISTRATIVE BEFORM.—The petition of the in habitants of Derby for administrative reform was printe in.d on Tuesday. Th e petitioners " view linga of dignation and astonishment the scandalous waste of y e , :p l l e a d Tdih t s... ) : public money which is taking place, and is still confirm ing in connection with the transport service, and they earnestly protest against this reckless expenditure." They declare that the recent exposures before the Sebes of Admiral topol Committee call loudly for a radical change, an d t ien a f o k rs e ma satisfied i u os such het the set with ohl a e st the e 7 s !_ i they pray t nc h da e n housenot effectualremt to missal of Captain Christie, nor the retention a pe s t i i ' t e i e n d n Y er a s Boxer. They condemn the existing tion in the army, and the delay attending the of promo or rejection of Lord Dundonald's proposals lug the acceptance sug gestions of scientific men. They contend and the sity of introducing men of enlargedY eontend f an the neces tical ability into the service of the experience and up with with the strong and the house institute sueh signifi cant assurance that, unless immediate and proceedings as will lead to an compelled to take tho r oughcounselretorna, " the people will be oftheir oni eavars.,. together for the management LITERATURE. Grace Lee. By Julia Kavanagh. 3 vole. Smith, Elder, and Co. Miss Kavanagh's abilities, both as a romancist and an historical writer, are already well known. Her first and least ambitious work was a tale for the young, entitled "The Three Paths," which showed the different results of a rash and head strong disposition,, a cunning and crafty temper, and a prudent and well-principled line of action. Her next tale, " Madeleine," was the touching re cord of the struggles and sufferings of a young girl of Auvergne, who, alone and almost unaided, raised and maintained an hospital in her native village. Her next attempt was an historical one, and though the subject selected was not the most pleasing, it was executed with great ability. It was on " Wo man in France during the Eighteenth Century." She subsequently produced more pleasing records of feminine achievements in her " Women of Christianity," a brief account of some of the most illustrious of the many remarkable for their piety, benevolence, and heroism. " Nathalie," her only novel, possessed much interest and originality. The two chief characters *ere drawn with much ability. This ability the reader will not fail to re cognise in the pages of "Grace Lee," though of all her works of fiction it is the least pleasing. This is partly to be ascribed to the striking improbability of some of the incidents, but chiefly to the two chief actors in the drama—the hero and heroine —John Owen and Grace Lee. Grace herself, with her learning, her talents, her generosity, and all her other virtues, has something about her not quite feminine, an I, consequently, not quite at tractive. Her intellect seems to have a greater in- fluence than her heart. In moments of danger and distress, or of excited feeling she is always ready with her clever speeches—never discomposed,ne . never off her guard. No a t that want of self-control is to tempt for the. vicissitud be commended as but in the case of Grace one tw b e li ve t r, she a virtue, esf f o e r rtu a ne co t u e ra be ge d o es us pi co se n d : b does not see the con ctroonitroofllefdee.linn sidered a very remarkable chsaeyrancee e of tr a f n e feeling w n g e to ho should e d lay claim to be CO imagine that her prototype was not very easily met with. She is certainly the very interesting person in the book, for the hero fallsfar j i hortof .d the heroic standard. Without adopting e o ld that heroes and heroines should be pieces of l unin teresting perfection, to secure the r ea d er ' s i nterest they should have some distinguished traits, some noble qualities, to awake admiration. It is not the moroseness and reserve of John Owen that dete riorate his character, for sometimes these reserved and haughty characters are the most attractive; but he seems to have no firm and settled purpose, no high and ennobling aspirations. Had be remained true to his ambition even, and instead of retreating to the Welsh hills, remained and fought the battle of life with energy and determination, the reader could have forgiven him all his faults of mind and manner. But he surrenders the fight, at least for a time, and falls in love with Grace Lee. Had he only been constant to his vehement affection, he might yet have awoke sympathy ; but when he forsakes his idol on so frivolous a pretext, and hastily formsfirst one engagement and then another the reader loses all patience, and begins to awake to a sense of the ludicrous. Many incidents in the plot are very unpleasing, and we feel the less inclined to tolerate them from an authoress who so plainly shows us she could do better if she tried. Where are the gentle and pious attributes of Madeleine —where all the graceful, feminine qualities of Nathalie, always charming, even in her caprices ? The chronicler of the " Women of Christianity" has no need to give us such a brusque and independent lady as her model heroine ; and as for a hero, it will be hard indeed if she cannot surpass John Owen. The talents of the author are evident, however, not only in the construction of the book, which, to say the least of it, displays much ingenuity and originality, but in the elo quence of the style and the fervour of the descrip tions, as the following extract will show. It is from the conclusion, when John Owen is meditat ing on his fruitless search for Grace, who has been lost to him for seven years through his own folly and pride : " The thought he had so long repelled came and pre vailed in that hour. " Grace is dead,' he though', stopping short. ' Grace is dead, ay, I feel and I know it ;' the grave has closed on her. Where ?—how T—l know not ; I shall never know. Unconsciously I may tread on the ,-arth that hides all I have vainly coveted to possess, Oh that with me, too, it were over, that this unquiet fever of life were still, and I sleeping somewhere by her side, a deep, a long slumber. Happy ! thrice happy are ye, ye dead !' " And for the first time for years, ambition, that master-passion of his life, folded her wings, and, wearied of her long flight, pined for repose. " But brief was the rest of that ardent heart. Strong in his will, he recalled Grace ; he bade her return, not pale, but vivid as the light of day ; not dead, but over flowing with the fulness of life. He looked at the setting sun ; the dread round orb slowly sank down to a yellow horizon, encircling the dark earth like a golden zone, then melting in the hollow air into vast depths of palest blue. But below all was splPridour, all was light, and flame ; a wooded slope was still a forest of bronze and gold, a tame field a purple sea ; the dust-worn way a path of light leading to a buri,ing world. In that fervid glow he sought the loved and lost image be had ever known, all warmth and all light, and again, with passionate long ing, there rose an inward cry from t , le depths of his heart, an unuttered voice that said : ' Come back, Grace, come back ! ' " Suddenly he breathed deep. - Dream or truth, he saw and heard her. He sa if an isolated dwelling, a poor home, rising bare and lone by the road side, an open door, a narrow room, with boarded floor, with white-washed walls, with gilt-edged books on a low shelf, with bright crimson and yellow flowers in the window, with the rich sunlight streaming in ; and half lost in the evening gloom, an old man who sat grey and blind in a deep arm-chair, whilst in the bright red light a woman leaning back on a low seat with a heavy book on her knees, read in a clear, musical voice, in a foreign tongue, a tongue long dead and unspoken, a strain of full and ancient verse." "Like a vision come to him at his bidding from the depths of the west, he saw her through the flood of living gold that flowed behind and around her." "The sea-worn mariner that has found land, the tra veller that rests alter the burning desert crossed, never knew so deep a sense of freshness and repose as this wearied man of the world in that moment. Ah, love I there is something in thee beyond the light fondness of youthful lovers ! Thy spring is all hope, thy summer is all life, but deeper in its ardour, more beautiful in its mingled passion and strength is thine autumn." Mr. Truefitt, of the Burlington Arcade, has enlight ened the public as to the objects and purposes of his really exquisitely decorated salon—namely, "A Toilet Club," new in its essential characteristics and select in its subscribers. A something of this kind was much wanted at the west,,and we know of no one better able to carry it out in its integrity than Truefitt, who has a perfect right, in the abundance of his appliances, to give his patrons the novelty and comfort of apartments fit for royalty itself. GRAND TRUNK RAILWAY OF CANADA.—The statement in the recent advices from Canada that the Provincial Government may probably be induced to withdraw their support from the proposal for.a fresh grant of 900,0001. to the Grand Trunk Railway is affirmed by the best in formed persons on this side'to be wholly erroneous. The measure is understood to have been made the subject of a fierce party contest, and it will consequently serve as the pretext for political attacks and personal vitupera tion ; but, with regard to its ultimat e success, no doubt appears be entertained. At the same time, thoerkpsosoif tive allegation in these advice s that the entire w the line will be stopped unless the demand btheitbcoount tractors be complied with is also stated W w foundation. Assertions to that effect baysenbyeeannbwoludbeclye disseminated in the province, but th r e co wi p mthheld, they will that, whether the grant be mage e a T u o d r on willto open 255 miles in August or fr mpotzenirocbekrvinuexe tt,o have carried the line through o UNDER in one or two years from that ddintseA.-7 RAILWAY SPEEDY CONSTRUCTIOI! great deal is o . sa F id about the extraordinarily short —A. short time in which the C rimean Railway has been ex y gen e ; cuted—and deservedirsio. But it is not, perhaps, known m atter of which the English nation has rally to be proud — that the same parties also jest (Messrs. Pecata and Co.) have just terminated, and within t h e three year s, the last important link that was wanted. to complete th e line of rail from London to the Mediter ranean Sea. Its le n g th is 160 miles, between the cities of Lyons an d Avignon. It is a double road, of first class, with stations complete. On it there are from four to six miles of tunnelling. It passes through some stu and span s w i t h fi ne b r i dges pendous granite cuttings, three of the largest rivers in Fr ance. of 1852 before the fits THE MAILS.— god sip Was ted was the middle mail steam -ship Atrato, Tow, May 17.--The Royal Captain Woolley, left this after noon with the fortnightly mails for the West Indies and Pacific, 55 passengers, 7,0001. in specie, 4 , 000 /. value in jewellery, and a full general cargo. The Tay, with the homeward portion of the above mails, is , ex pected daily. The steamer Madrid, Peninsular and Oriental Company's ViCaptain Cook, with the mails for Vigo, Oporto, Lisbon Cadi • and Gibraltar, sailed this afternoon with 33 ' passengers, 13,7521. in specie for Lisbon and 22,4001. for Cadiz—total, 36,1521., besides the usual cargo. The Iberia, Captain Christian, with the next homeward portion of. these mails, is ex pected about the 25th inst: The Euxine, Captain Weeks, from Alexandria, Malta, and Giblallar, with the India and Mediterranean mails, is -looked for • leave e t wtihteh2tre inst. The Sultan, Captain BuentY,.:w India and Mediterranean mails on the 20th. The Iberia, should she return in time, will convey the Peninsular mails of the 27th. The Tagus, Captain Joy, lately re turned from the India and Mediterranean station, is undergoing repa i rs previous to resuming her duti es on the. Peninsular route. The United States' mail steam ship St. Louis, Captain Wotton, with dates from New York to the sth inst., is expected to strive on 'rids' Of 6061' 4 0 • ;e0 lea l r ft folr to •cy 1) 0 !job' i °° $ ~► P`~ei~ s, o t )0 0 bl rfO i° : ' f;eBI .A or ,t 0 it, ot d 0 , I, 0 0 0 o 00 lcc 1 0,. o DO o pirt i e ; vi il 1405' 411 3/ I 30i I 17 41 71 261