The Sun. — London, England, 1856-09-26 00:00:00

MONEY DIAAKET AND CO roIYrERC lAL INTEL?' ALGY CITY, T%V o o'CLouz, The Liverp( kl Cotton Market ye sterday closed firmly, at ay:, advance of Id. per lb . upon all de scriptious •of Americans, but all ot't er kinds were withorA change in value. The sales - Were estimated at 12,000 bales-1,500 for export, and 3,000 on speculation—comprising 130 Per nam and Maran lrtm., at 61d. to Bd. ; 150 Ba hia at 61d. ; 500 Egyptian, at 61d. to Bd. ; 1,500 Surat, at 41d. to 5?,d.; and 150 Sea Islands, at 11 J. to ls. 4d. per lb. `..!.`he Railway Share Market was firm, with steady prices, and closed at its best point. For Foreign and Colonial proence this week there has been a steady inquiry, but the markets, sti'd present a quiet appearance. In sugar tae transactions have been limited, but owing to the firmness of the holders previous prices have bean ealised. Coffee has been quoted at full rotes ; cocoa has been inactive, and rice has been in good .demand at higher rates, white Bengal being 3d. to 6d. dearer. There has been a good inqi dry for rum, but sales have been limited. Saltp , 3tre has been at rather firmer prices, and sVc.ea have at triwted very little attention. In tardo . ar a slight advance has taken place. Further accounts from Vienna et ate that the etearcity of the precious metals is dail y being more alt in commercial and financial circles. The premium, which has risen to 5 ar.d 0 per cent. during the week, is expected shortly to advance to 10 and 12 per cent. The shares of the new - Bauk GC Credit have depreciated within the last few days snore than 20 per cent., arid they continue to de aline in the market. This scarcity of money is now felt throughout all the German Bourses to reduce the value of stocks, especially those of new undertakings. At Hamburg shares of the two banks recently founded there have declined from 15 per cent. premium to par% The advance in ihe Bank of France rate of dis count from 5 to 6 per cent. -which was made yes terday has given rise to much discussion in the City, and the opinion is now confidently expressed that it will be immediately followed by a similar movement at the Bank of England. This increase in the value of money on the Continent is now being severely felt in all departments of bu s i ness . The Bank of Prussia, besides twice raising its terms within a fortnight, has found it n ecessary, in order to check the drain of the precious metal, to refuse to negotiate suck bills as w ill have the effect of withdrawing silver from the country, a vast amount of paper circulation having already been substituted for metallic currency. On the Stock Exchange there is an active inquiry for money on account of the a•pproaohing settle ment in Railway Shares and Foy reign Stocks. The market for Public Securi'cies has been very depressed this morning in cons equence of the un favourable prospects of the money market Loth here and on the Continent. An advance in the rate of discount at Paris was no 4 L generally expected, and the English Funds have F ympathised with the serious decline which that ir.rent occasioned on the Paris Bourse. The decline in prices here has been 1 per cent., and the market still droops. In the present sensitive state of the Money Market the least circumstance, wh ether favourable or other wise, produces a decie,ed effect upon the views of the speculators. Thus the confident feeling experi enced a few days ago, when some temporary abate ment was apparent in the inquiry for money, is now succeeded by d apression. Consols opened at about 931 1 for money, and 934 for account. Since then they have been rather firmer,viz., 934 and 931 I, respectively. Exchequer Bills are 13s. to 16s. prem., and tho Bonds are 99a. Foreign Stocks haves also been at reduced values. Turkish haVe declined about 24 per cent., the 6 per Cents. being 101 k to 101 k 4, while the 4 per Cents, have ruled at 1011. Spanish Threes are 424, ditto Deferred 24k. Russian 4i per Cents. 964 1. Grenada New Active 22. Equador New Consolidated 144, and Dutch 4 per Cents. 974. The following are the nominal prices of Foreign Stocks : Grenada Deferred Bonds, 7 to 74 ; Mexican, 22i to 221 ; Peruvian, 79 to 81 ; ditto 3 per Cents., 57 to 59 ; Portuguese 3 per Cents., 44 to 45 ; Russian 5 per Cents., 107 to 109 ; ditto 41 per Cents., 96 to 98 ; Spanish 3 per Cents., 42 i 434 ; ditto Deferred, 24} 241 ; ditto Certificates, 54 6 ; ditto Passive, 6►4 7. Messrs. D. Bell, Son, and Co. report the market for Amerioan Securities as inactive, at the follow ing prices : Redeemable. Per Cent. United States 6 per Cents. 1867-1868...1041 1054 United States 6 per Cent. fonds 1868...104i 1054 STATE SECURITIES. Alabama 5 per Cent ... 81 83 Kentucky 6 per Cent. Bonds 1868-1872 90 Maryland 5 per Cent. (Sterling Bonds)... ... 92 93 Massachusetts 5 per Cent. (Sterl. Bonds). ...101 103 Mississippi 6 per Cent. Pl. Bk. Bonds lB4l-1871... 40 42 Mississippi 6 per Cent. Union Bk Bonds ... 15 16 Pennsylvania 5 per Ca*. Stock Pennsylvania 5 per Clout. Bonds 1877... 78 80 Tennesse 6 per Cent. Bonds ... 86 88 'Virginia 6 per Cent. Bonds 1886... 82 84 LOANS OF CITIES. Montreal 6 per Cent. Bonds 1856-1865... 83 85 RAILROAD BONDS. Illinois Central 7 per Cent. let Mortgage, not Convertible 1875... $O 81. x __• Illinois Central 6 per Cent 1875... 82 - 83 Illinois Central 7 per Cent. Freeland _ _ _ Bonds 1560... 91 93 Illinois Central (Shares), $25 paid . ... 7 9 p Michigan Central Bp. Cent., Convert 1860... 94 95 Do. do. do. 1869... 91 92 New York Central 7p. Cent., Convert 1864... 92 93 New York Central 6 per Cent., not Convertible . New York and Erie 7 per Cent. Ist Mort- .1883... 80 82 gage 1867... 98 100 New York and Erie 7 per Cent. 3d Mort gage 1883... 86} 874 N. York and Erie 7p. Cent. Convertible 1862... 83 85 N. York and Erie 7 per Cent. Sinking Fund 1875... 83 84} Panama 7 per Cent., Ist Mortgage (Ster ling Bonds), not. convertible 1859... 91i 93i Panama 7 per Cent., Ist Mortgage 1864... 93 95 Pennsylvania Central 6p. Cent., Ist Mort 1880... 89 90 The Railway Share Market is naturally de pressed, in consequence of the fall in the Funds ; but the decline in most cases is not so extensive as might have been expected. The arangements connected with the settlement, this being " making-up" day, however, occupy most attention, and the fresh transactions are consequently contracted. The Great Western, Lancashire and Yorkshire, and Midland, are about ss. lower, but several of the others are firm, and Brighton, South Western, and Caledonian are to better. The French, India, and Canada, are dull. The Ottoman Bank and the Bank of Egypt shares are rather higher. Mines and miscellaneous shares are very dull. BRITISH FUNDS THIS DAY.—CLOSING PRICES. (From the Official List: 3 per Cent. Consols Annuities 933iiiii Lome Annuities, expire sth Jan. /860... Ditto 30 Years, expire sth Jan., 1860 3i In"' Bonds, .01tIt4, .„...... ............... Ditto, under £lOOO l3 Consols .or Account E :,.-tiequer Bills, lid. %.:1000 • 'melt l3 17 p Ditto Ponds, 1858, - 3i per Cent. 9 : 13 Ditto, 1859 PRICES OF FOREIGN FUNDS THIS DAY. Equador New Consolidated l4l 15 Grenada New Active, 2; per Cent. Peruvian Bonds 4i per Cent Portuguese Bonds, 5 per Cent., Con. 1841 Ditto 1853, 3 per Cent 43 Enssian Ponds, 1522, £ St., 5 per Cent lO6 Ditto 4i per Cent. . 96.} 6 Sardinian Bon le, 5 per Gent i,i iloLnls, 3 per cent ............ 42k A D;tto Yew Deferred, 3 per Cent. T P.Gmis, 6 p.r cent lOll 1 1 s 1003 nitto Guaranteed, 4 per Cent. v.enls on the allore 47,•shle in T,nn , nr. Dllteli Exchange, q- per Cen . ;., 12 Guilders 63i itto 4 per Cent. Certificates ..... 97i THREE O'CLOCK. Consols, money 931 Ditto for Account, Oct. 8 931 THEATRICALS AT PENRITH —Mr. and Mrs. Hermann Vezin have been playing here during the past week, and have on each evening of their performance attracted overflowing audienc?s. The pieces represented vcere "ißichelieu," "Money," " Hamlet," " Macbeth," "The Lady of Lyons," and "The Flowers of the Forest." The papers speak in glowing terms of the abilities of Mr. Vezin, whom they designate as an actor endowed Nf nature with talents of the highest order. id the no in ye no alities with breeds oorted range ations. trade w . each, e. d 5 2 4 (7' 4 3 10 4 10 30 0 28. 0 ~. 3,2 at full t. s. d. 4 3 4 2 4 4 4 4 2 2 5 0 there i )we er cwt Os. t . r heavY, mailfet. 'here learsate. _ come use rhtly )4 0 ni# 11/ libckts Om ger than, )riTately le rata• km in the the tTY4II forreer spired , t holders ..; most n, cloves, the finer iced, bat er lb. OA nd priced brought r appear 52e. Id. ay.) DOD, Tr orning. orning. 'pt. 24. opt. P. r.) 20 a.m. Penang 15 a.m. yree. as issued Georgia► ited ivitit )y is just d can b• .w., the painted st inside pa of the Id enter- nted red, water at i must be painted a 13 feet kere, and pied red, water et ore, and d black, )et water off from anterioll. painted 16 feet shoal At left on painted is in 1; of shoal lborlancl arges at re of the 1, up to special James Lets left ednes -3d a full she is her en board st vessel And the augurs t vessel sail the has just lammed g from we, the d of 15 tribe of •t. All auskets Ls inter killed. he car on the frontier private (Indre) of tha based a ►wever, s more THE SU DO .\, FRU) courtly, nor to practise too unlimited a servility even tc princely wishes. (Hear, hear.) The next warning that his lordship had was on the question of the appellate juris diction of the House of Peers. The House of Peers, as you know, have endeavoured to limit the royal prerogative to deny the right of creating life peers, lest the Queen should send in more wisdom and patriotism than it would be convenient to them to receive in their house. (Hear.) They say, with Doctor Caine, in the " Merry Wives of Windsor," " What, shall the honest man do in my closet? There is no honest man that shall come into my closet"— (laughter)—and accordingly they, while rejecting this pre rogative, are attempting to set up for themselves a claim for being, as they have practically been, the ultimate judi cial tribunal of the country. Well, the bill was carried to its second reading, it was then shelved in a committee, and the House of Lords and the House of Commons have this hopeful thing to fight out in the next session ; they have to give the country a high court of appeal, and they have also to decide whether the Queen can create peers who shall be peers in right of their personal qualities, and not to be the fathers of legislators to the hundredth gene ration. (Hear.) I might add to these warnings that which Lord Palmerston sustained by the mode in which his bill for the resignation of the two bishops was received. Two bishops stated that they felt themselves unequal to the duties of their office. Well, the natural course of things, when a man is unequal to his duties, is to give up those duties. (Hear.) " No," said these bishops, "we will not give up unless you secure for one of us a pension of 6,0001. a year and a palace, and for the other a pension of 4,0001, a year." Well, that has been carried, but carried amid cries of shame which will reverberate through the country, and which have done more to damage the cause of the es tablishment than anything else that could have been de vised. (Hear.) I have no complaint to make of Lord Pal merston on the subject of the peace. When I had the pleasure of meeting you last year I testified my warm ad miration of him and confidence in him as war minister. I confess some of the expectations with which I looked with the degree of complacency which I then felt upon the war have been disappointed. (Hear, hear.) I thought it might have ended in a kind of crusade against despotism, uni versally. I thought there might have been, incidental to the conflict, the liberation of the Hungarians, of the Poles, and of the Italians. (Hear, hear.) That is postponed, but it is only postponed. The time is coming, and it may perhaps be nearer than we imagine, when the oppressed nationalities will rise in their majesty, assert their rights, and obtain their liberty. (Cheers.) God send that it may come soon. (Cheers.) Our sympathies, our hearts, and hopes, and wishes are with them. But this was not the object for which the war could have been prolonged. The war was made on definite grounds, for limited purposes, and in conjunction with allies. Technically, the objects of the war were accomplished. Turkey was saved, and has only to work out her own regeneration. Russia, lam happy to see, has recently manifested a pacific disposition ; and the exoneration of the country from the recruitment of the conscription for a number of years is a kind of pledge or promise of a peaceful tendency and disposition, which I think we ought to meet with gratification, and to recipro cate with pleasure. (Hear, hear.) But, nevertheless, we cannot look on the state of Europe without deep feelings of anxiety. We cannot but foresee the coming storm ; we cannot but trust that, while there will be reforms in Eng gland, there will also be emancipation for Europe. (Cheers.) Well, as I said, Ido not complain of Lord Pal merton, therefore, for making peace ; I approve his con duct. But there are some other things of which Ido com plain of him. I complain of him, in that he has screened and sheltered from public punishment the Crimean crimi nals—(hear, hear)—•the men who had an army entrusted to them, and who saw that army perish before their eyes, and gave no note of warning, called for no succours from England, but still kept on a sort of jog-trot kind of . way—working out, it may be, the technicalities of mili tary discipline, but showing no power of strategy, no genius, no attention to the wants of their own perishing troops. And if we cannot lose a ship at sea but we try the captain by court-martial, I say those who lost an army ought to be tried, and to be judged also. (Loud cheers.) I confess, it sickens my heart when I see the men who are responsible for this—others have gone to a snore awful ac count than we can call them to—when I see the :men covered with honours, and feted, and elevated into heroes, who really were only damaging that heroism of the rank and file, that innate bravery of the common soldiery, by which the battles of the Crimea were won, and its laurels nurtured. (Cheers.) Why, the government deserted—l think, meanly deserted—its own commissioners. There was the sham of that Chelsea inquiry—that board of general officers, who seemed determined to hear nothing that could inculpate a general officer : and the commis sioners who were sent out by the government, and did their duty bravely, diligently, manfully, found themselves deserted, put on their trial, and arraigned as if they had been the criminals, when they were in fact the witnesses out of whose mouths the real culprits should have been condemned. (Hear, hear.) And for this, I say I complain Of Lord Palmerston ; and it augurs little for that search ing reform of the army, for that endeavour, through all ranks and gradations, not only to do more for the comfort of the soldier, but to take care that we shall have the nucleus of an efficient force—it argues against the prospect of such a thorough reform as the army wants being se complidied by him, whilst he ia thus deferential to those who hold its titles and its influence. (Hear, hear.) Another thing of which I have to complain of Lord Palmerston is this. When the war was finished, when peace was certain, and when he called- his supporters together to look the future in the face, I certainly did expect, and I think now that he ought to have given the country a programme of his domestic policy. He ought to do it now. He should tell us how he means to arrange and conduct the domestic affairs of this country. Aro we to go on blindfold from session to session ? Is there to be no adjustment of war taxation I Is there to be no exten sion of the representative principle? Is there to be n• check on the sordidness and domination of ecclesiastical authorities ? Are there to be no means of carrying on that great progress throughout the country which has been be gun by the people themselves, and only needs the govern. ment to give it free course in order to establish the most glorious results ? I hear nothing of this. He is said to have summoned the members of his cabinet to meet to gether in November, in order to propound the bills which they wished to prepare for the next session ; and I sup pose after that we shall know something ; and so we shall remai❑ in the state which I described at the beginning—of waiters upon Providence and upon Palmerston. (Hear, hear.) Aristocratic government has been tried, through a course of years, and under a vast variety of circumstances. What has it done? In peace aristocratic corruption brought on corruption. In war, aristocratic government would have covered us with disgrace, but for the bravery—the consummate bravery—of our rank and file. (Hear, hear.) In taxation, aristocratic government has spared the rich, and pressed heavily on the poor. In administration, aria• toeratie government has given us red tape, instead of talent. In opposition, aristocratic management has given us faction, instead of patriotism. (Hear. hear.) It has, age:inch as it could, impaired the glorious destinies of the country, and it requires imperatively, an amendment. (Cheers ) The source of the evil is [this,—the Queen has been guided by aristocratic recommendations in the choice of her Majesty's servants, and I trust that the Queen in future will not accept any for her servants but those who come with a character from the people. (Great cheering.) After answering a few questions, and the presentation of an address from a local chartist association, Mr. Fox re tired in idst enthusiastic applause. MR. W. J. FOX M.P., AT OLDHAM. lOn Wednesday evening, Mr. W. J. Fox, M.P., ad dressed a very crowded meeting of his constituents and supporters in the Oldham Town Hall ; Mr. Councillor Leach presided. Mr. Fox, who was most enthusiastically received, said- Mr. Chairman and Gentlemen,—l am here, according to promise, and according to custom, to render my annual ac count, and that annual account is, on the present occasion, no very difficult task ; for I am somewhat in the position of those parties who are occasionally called upon to make re turns, who receive large sheets of paper, all ruled in co lumns, in which they are to enter their returns, and who in each column have nothing to put down but the single word nil. (Laughter.) It has been a session of nonentities. The House of Commons has been doing nothing, and the House of Lords has been helping it. (Laughter.) We have heard of a class of people drilled " waiters upon Providence" —people who are not given to exertion, bat lounge about with their mouths open, expecting that something good will drop in, who are ever reckoning, not upon their own efforts, but on the expectation that something will " turn up ;" and such waiters on Providence have the two houses of legislature been for the last session. I call them waiters on Providence, but I should rather call them waiters on Pal merston —(laughter)—for to him they have been looking, knowing that with his word he could send them all about their business, to render an account of their " no doing" to their constituents. (Hear, hear.) The House of Commons has been waiting for the people to agitate for reforms, and the people have been waiting for the House of Commons to originate reforms. The House of Lords has been wait ing for bills to be sent up by the House of Commons, and the House of Commons have been waiting for their bills to be rejected by the Lords. (Hear, hear, and laughter.) The Church less been waiting for the resignation of two bishops, and the bishops have been waiting for the security of pretty handsome pensions before they sent in their resignation. (Cheers and laughter.) In short, there has been nothing but " waiting" all round. The house has been waiting for a dissolution, and Lord Pal merston has been waiting to be put into such a minority, on a party question, as would warrant him in dissolving. Of such a state of things what can I say ? I have no par ticular account to render, for the same questions have been discussed as in former sessions, and I have given the same votes upon those questions. Mr. Fox then more particu larly noticed the motion of Mr. Munta, for a revision and the re-adjustment of the income tax. He had supported that proposition, because such a tax ought to be levied im partially, whether regarded as a war tax or as a peace tax. It was not so difficult, this. Everybody knew the differ ence between money which came to a man as the fruit of his hard earnings, by his brain or by his hands, and money which came to a man with no other trouble than signing a receipt ; between money that was contingent upon the continuance of health, of labour, and of profit, and money that was contingent upon nothing at all, but which re mained a secure and permanent income. It was not fair that the one of these sources should be taxed in the same way, or to the same degree, as the other. (Cheers.) More over, the tax fell most heavily in proportion to the narrow ness of the income, because we had to reckon all the other deductions from income which are made by indirect taxa tion. Look at the proportion of the income of a millionaire which is taken from him for the necessaries, and even for the luxuries, of life. What was it ? It was a sort of infini tessimal quantity—a taxation that did not affect him, that did not affect his efforts, his prospects, or his influence. But look at the poor man, with his comparatively few shil lings a week ; the tax upon the necessaries of life was a tax upon his income, sometimes to the amount, not of 3 or 6 per cent., but of 20, 30, or 40 per cent, and somas higher than that. (Hear.) Now . , even if we saw at a yet remoter distance the prospect which Mr. Gladstone sometime ago held out of the complete abolition of the income tax, then the more remote was that prospect, the more pressing was the necessity of adjusting it fairly and equitably. Mr. Fox then referred to his support of Mr. Miall, the member for Rochdale, in his motion for inquiry into the ecclesiastical revenues of Ireland, with a view to their redistribution. He took that motion to be one of the most remarkable that had been made in the House of Commons for a considerable period. It was treating the subject in a different manner from those frequent and tiresome discussions on the grant for Maynooth. It was not singling out one party, one re ligion, one denomination, to cut it off from receiving any thing out of the public purse ; it made no invidious dis tinctions, but it asked for an inquiry into all the money which went in Ireland for religious purposes, and an in quiry as to the wisest manner of administering those funds. It was, in fact and in spirit, a motion for the separation of the Established Church of Ireland from the State. (Ap plause.) If ever such an experiment could be tried under propitious circumstances it might surely be tried at the present day in the sister country. Ireland was ripe for the establishment of universal religious equality, and uni versal religious freedom. And where should we think of ever trying such an experiment if not in a country where the established religion was, after all, but in a pitiful mi nority ; in a country where the established clergyman re ceived his hundreds of pounds per annum for indoctrinat ing some dozen of hearers, while the Catholic priest re ceived only his dozen pounds per annum for teaching his two or three thousand hearers—a country where the expe rience of three centuries had set the brand of failure on the Established Church—a country where every ecclesias tical building belonging to the Established Church was in fact a monument of a victory and an insult to the great mass of the population—a country where the.e could be neither rest nor peace till that monster nuisance was abated. (Cheers.) Mr. Fox then adverted to the Police Bill—a bill which, as extending a system of centralisa tion throughout the country, he had felt it his duty to oppose in every stage. He thought our municipal insti tutions ought not to be so lightly dealt with. Those institutions were older than the church, older than the aristocracy, older than the monarchy itself. (Hear, hear.) They existed in the time of our Saxon ancestors, when every man belonged to a tithing, and every tithing belonged to a hundred, and every hundred belonged to a county ; and they, in their own right, chose their own officers, to entrust with the management of their affairs. The granting of charters was an innovation which suc ceeded to the Norman conquest ; it was an innovation upon that inherent right which gives to every municipa lity the power of self-government. He could not quietly see this infringed upon, nor was there any reason for it. The counties were bribed—bribed by the offer of the pay ment of 2J per cent, of their police expenses out of the public purse; and the county members, with all their boast of independence, accepted this bribe, and gave in to the propositions of the Home Secretary. The boroughs stood out more manfully ; they had always been the for tresses of freedom. The bill, however, had become law and they must make the best they could of it. At any rate, he thought the boroughs would not be so burdened as was at first contemplated, because it was evident that the smallness of the police in many of the manufacturing boroughs was not a fault to be corrected ; it was a testi mony to the general good conduct of the inhabitants of those boroughs, showing how small a force is sufficient, in times when there is not some great excitement, to keep up all the requisites of order, propriety, and safety, (Hear.) Ono other topic he would advert to as having a local interest—tho controversy as to the shipping dues which are levied on the port of Liverpool. They were upon the whole adjacent country, a tax which penetrated even into the very bowels of the land. All that portion of our commerce which came through the port of Liverpool paid dues to the corporation of Liverpool, which could not bat operate as a general taxation upon commerce The contest bad begun, and it would continue until the commerce of this great tract of country should be en tirely emancipated from the self-directed taxation of the borough of Liverpool. (Hear, hear.) Speaking again of the general state of political affairs, Mr. Fox observed it had been made clear that the tories, the Derbyities, the tonservAtives —call them what we would—could no more govern in this country. (Hear.) And, in addition to these It had also been made clear that some broad hints had been given to Lord Palmerston as to the manner in which he must set about governing the country. I refer (said Mr. Fox) to several divisions in the course of the session, of which I have made a minute. They occurred in pretty rapid succession. I have in my hand my "list of warnings to Lord Palmerston, by the divisions which took place in the House of Commons." The first warning was the division on the ballot. The question was lost, but it was lost by 113 against 153, a minority of 40 only, which there were absentees who ought to havo converted into a majority ; and in that, I apprehend, Lord Palmerston may read an indication that the people of this country will not be content without some reforms. The next was the ques tion of the civil service—an endeavour to remove that ser vice from Parliamentary patronage, and to throw in open to competition. On that question the Government were beaten by 110 to 89; and although public offices are not open to all who may be desirous of competing, yet theyare now to a certain extent removed from Parliamentary pa tronage, and persons who are nominated to them have to undergo an examination which shows their capability of fulfilling the duties. That was a warning that the coun try desires administrative reform, that we wish the busi ness of the nation to be conducted by men who understand. business ; that we look for such administrative reform not only in the higher offices of the state, but through all the departments of the public service, and that we are no lon ger content that patronage should give away places, and that Governments should gain votes from those through whom the places are bestowed. The third warning was a division upon a question which may seem only a local and trivial ono, at first glance, that of the removal of the Na tional Gallery to Kensington, in which the Government was beaten by 155 to 147. But this question is of more im portance than it appears. Royal likings, princely prefer. ences have been understood to be engaged in the desire for this remove/. The interest of artists who want daily ac cess to copy the paintings in the National Gallery ; the interest of men of business, who like to have them in a cen tral position, where occasionally, wh en they can rescue half an hour from the toils of the day, they may enjoy the sight of them ; both these great interests were in opposi tion ; and Parliament supported those interests, in defiance of the leaders both of the administration and of the opposi tion. It was a lesson to Lord Palmerston not to be too STATE OF ThADE. MANCHESTER, SErr. 25. There has been a fair business doing in the market to day for most descriptions of goods and yarns, bet prices have undergone no alteration since Tuesday. Business has been considerably checked for some time past by the uneasiness felt with regard to tbecondition and prospects of the money market, but the absence of unfavourable news from the Bank of England this afternoon may pos sibly tend to a more confident feelinv. So far there has been very little alteration in values during the past month, and, although in that period shirtings for India and China have declined about lid. per piece, it must he noted that some descriptions of printers and ahirtings have considerably improved. NOTTINGHAM, SEPT. 25. There is not much alteration in the lace trade, which continues in a satisfactory state, considering the time of the year. Respecting future prospects our manufacturers are sanguine. The high price of the raw material is against silk goods, notwithstanding which a fair trade is doing in those articles. The hosiery trade is quiet, but not more than is usual at this period of the year. BRADFORD, SETT. 25. In tl e piece trade today there is rather a quiet, but, on the whole, seasonable business doing, when it is con sidered that we are near the end of the month. Combing wools meet a tolerably fair demand, and there does not appear the slightest chance of their becoming easier. This is in great measure attributable to the confidence manifested at the metropolitan wool sales that present rates will be maintained, and that they will be even fur ther enhanced as stocks get into compass. The report re• ceived today state: that rather more business has been done in English wools, that the demand for the conti nent is improving, and that several Bra Iford buyers have been in attendance at them during the week. This report gave a firmness to our trade in c.)mbing wools this morning, yet a steady business was done. There was a fair amount of orders given for yarns, but the prices consequent on the firmness in wool are the great difficulty in this branch. The demand is principally for numbers suited to shipping purposes for the continental markets. LETTERS FOR THE COLONY OF NATAL. —Referring to the notice issued on the 22d ult.. in which it was stated that letters for the colony of Natal, when forwarded from this country by ships proceeding only as far as the Cape of Good Hope, would be liable to an extra charge on delivery, for their conveyance from the Cape to Natal ; the Postrowtel-General has now to announce that he has received official information of the abolition, by the Government of Natal, of the extra charge in ques tion, thus placing the letters on the same footing, whe ther they are sent to Natal direct or viz the Cape of Good Hope. By command of the Postwaster•General. —ROWLAND RILL, Secretary.—General Poet-office, Sept, 26, 1666. 1 N (I, S P BER 26, 1 k/aval and lailicary inteiLigence. The following circular has been addressed to the Gene ral officers commanding divisions and brigades, and to officers commanding infantry regiments : " Horse GuArds, Sept. 19. "Sir,—His Royal Highness the General Command ing in Chief is desirous to receive your opinion of the bayonet exercise introduced a f ew years since into the army ani carried on under the superintendence of the late Mr. Angelo, and to ascertain more particularly— " First, whether you consider that the system is cal culated to give confidence to the soldier in the use of the weapon ; and, Secondly, whether, a 9 a gymnastic exercise, it tends to supple the limbs, strengthen the muscles, and set up the man. " You will be pleased to report whether any and what regiments under your command have been practised in the bayonet exercise, and whether it is still carried on as a part of drill. I have, (It c., "G. A. WETHERALL, Adjutant-General." The Dauutless, 24, steam-vessel, Captain Ryeer, left Portsmouth yesterday for the Mediterranean. The Perseverance, steam troop ship, Commander M'Donald, left Portsmouth yesterday afternoon for the West India station. Dr. J. R. Taylor, C.B , Deputy Inspector-General of Hospitals, inspected a large detachment of Crimean and other invalids at Fort Pitt Hospital, Chatham, yester day morning, the whole of whom had been sent up from the invalid depot at St. Mary's for the purpose of en abling the medical authorities to ascertain their fitness' r further service. The draught, which nurnhere 1 80 non-commissioned officers and men, consisted of 29 men belonging to the 44th R eg i men t, and 27 of the 47th Re. giment, the remaining number belonging to various ca valry and infantry corps. There were also 20 men who had received wounds or injuries in the Crimea. The non-commissioned officers and men found to be unfit for further service were ordered to be taken before the com missioners from Chelsea Hospital at the Chelsea Board, which will be held at Chatham this day. Yesterday morning 44 non-commissioned officers and men belonging to the 3d Buffs, 7th Royal Fusiliers, 13ih Light Infantry, 18th Royal Irish, 23d Welsh Fusi iers, 33d (Duke of Wellington's), Mb, 41st Welsh, 49th, 68th Light Infantry, 72,1 Mighlanders, and 77th and 95th Regiments, left Chatham, having been previously inspected by Lieutenant and Adjutant J. Pope, for their respective homes, the whole of theta having been granted their discharge by the Chelsea Board, owing to their unfitness for further service. Each man before leaving received his arrears of pay at the railway station. The African Mail Company's steamship Garnbi, Com• mander Rolt, sailed from Plymouth on Wednesday for Madeira and the West Coast. The paddle-wheel steam-sloop Salamander, 6, Com mander T. Meehan], from Liverpool, arrived at Plymouth on Tuesday, and sailed thence on Wednesday for Queens town, to convey Rear-Admiral Chads to Plymodtb, to ass fit at the inquiry regarding Capt. Nias, R.N., and the officers of the Royal William Victualling yard. The brig Linnet, 8, Commander H. Need, is ordered to he fitted at Devonport as a tender to the Cambridge. The crew of the screw mortar-ship Seahorse, 12, Com mander Leopold G. Heath, are ordered to be paid off at Plymouth on Saturday. Major-General Sir W. F. Williams, commandant of Woolwich garrison, attended by his ordinary staff, and accompanied by a numerous body of mounted artillery officers, trooped the guards at half-past 10 o'clock yes terday morning on parade, and subsequently went through an inspection of 400 disciplined recruits, who marched past in slow and quick time in a soldierlike manner. The brigades of Horse Artillery and the bat teries were brought out on Plumstead hod Woolwich Common, and were exercised throughout -Op: firgiug. After the dinner hour a body of guntws I'l4 ' Ito the mortar range, where they went ''thrstili ,4". 1411 of practice' with 8, 10, and 18 inch sheflifirat ' • '''' Admiral Sir B. Walker, K.C.8., sibitiyor of the navy, yesterday visited Woolwich dockyard. He leas accom panied in his tour of inspection through the building slips and round the docks and fitting-basins by Commo dore Shepherd, superintendent of the yard. The object of the admiral's visit did not transpire, but it is understood to be connected with the disposal of the various vessels which at the present moment encumber the basins. The inner basin is completely blocked up, and contains 12 gunboats, 9 mortar-vessels, her Majesty's troop-ship Resistance, unloading guns and anchors from Sebastopol and floating battery Thunderbolt, and her Majesty's steam sloop Vixen; under repairs. A number of shipwrights were yesterday morning sent up to Black wall from Woolwich dockyard to assist in carrying out the building of a number ofgunboats ordered by Government. Blocks are laid down for the com mencement of four of these vessels at the building yard. of Messrs. Pitcher at Blackwall ; and two others, it is understood, are to be built at Messrs. Green's. They are to be six in number, and are to be similar in many re spects to the ordinary class of gunboats of the light squa dron, but are to be so constructed as to carry an addi tional burden of 100 tons. The body of Majer-General B.Tylden, landed from the transport Imperial, at Woolwich, from Constantinople, has been conveyed to head quarters of the engineer corps at Chatham. The Rev. Mr. Tylden, son of the deceased general, yesterday proceeded to Chatham to receive the body and make preparations for its interment. Sporting Intelligence. TATTERSALL'S-THURSDAY. About 20 subscribers mustered for the despatch o business, but the betting was marked by no change of importance. For the Cesarewitch 200 to 13 was taken three or four times about Fulbeck, and 500 to 20 and 250 to 10 were booked about Cotswold. The other transactions on this event were in small sums. For the C imbridgeshire, 20 to 1 was offered on the field. Think Bonny was in steady demand for the Derby, 1,000 to 80, 2,000 to 160, GOO to 50, and 1,200 to 100 were successively booked about her. The following list of prices comprises all the business transacted : EASTERN COUNTIES HANDICAP. 6to 1 agst Poacher (taken) 10 to 1 " bar one" offered. CESAREWITCLI STAKES. 200 t) 13 agst Fulbeck (taken) 20 to 1 agst Middleton (taken) 25 to 1 agst Cotswold (taken) 25 to 1 agst Cerva (taken) 200 to 8 agst Mary (taken) 40 to 1 agst Comedy (taken) 300 to 10 was laid against Pole Star for each of the two events—Cesarewitch and Cambridgeshire. CAMBRIDGESHIRE SU KES. 20 to 1 agst Polinoodie (taken and offered) 20 to 1 agst Poacher (taken and offered) 20 to 1 agst Lance (take 25 to 1) DERBY. 12 to 1 agst Blink Bonny (taken) 14 to 1 agst Tournament (offered) 1000 to 40 agst Sidney (taken) THE ROYAL BRITISH BANK. Vice-Chancellor Kindersley ■at at the Angel Hotel, Bury St. Edmunds, on Wednesday afternoon, to bear the petitions fur the winding up of the above corporation. Four petitions had been presented. After a short dis cussion as to which petition should be first beard, the Vice-Chancellor decided in favour of that for which Mr. C ibtterell appeared, being influenced by the date of the Lord Chancellor's fiat.. Mr. C Aterell said lie appeared for Mr. Adolphus Sher man, a holder of 10 shares, on which 501. each had been paid, and read his petition p• aping for a winding up, and for an inquiry whether any and what advances had been improperly made, what sums bad been laid out by any or which of the directors, and whether for their own or for waose benefit if such advances bad been made, that the directors might be made personally responsible th erefor. Die Vice-Chancellor intimated that he could not make other than an order for winding up, or, refuse, it alto getlar. Mr. Cottere)l read some of the affidavits on which his client rested his petition, one of which stated that the bank was hopelessly insolvent, that actions were being brought against it, and, as the bank could not meet any judgments under the Banking Act, the shareholders were immediately responsible for claims the company could not satisfy. After stating the circumstances under which his client became a shareholder,. he argued that there were strong reasons for a winding up, inasmuch as ac tions having been brought against the company, the shareholders were liable to actions, and there was no possible means of getting rid of the annoyance and ex pense of them unless his Honour made the order prayed for. Mr. Glasse, Q.C., appeared for Mr. Robert Mee, and after giving the history of this unfortunate bank, though refraining from raying anything against the present di rectors either harsh or unkind, stated that want of care and attention on their part bad led to great losses, which oonsiderahly exceeded the amount of the unpaid capital of 150,0001. It was therefore impossible under the pro visions of the charter to wind up, as the power of the di reotors was limited to 300,0001., half of which was already received and gone. The loss exceeded 280,0001. The figures were large, but it was unnecessary to say how the loss had arisen. The affairs of the bank had been gone into by Mr. Coleman, the accountant, and it ap peared, by ;i statement he had before bin), that there was now in tho hands of the directors a sum of nearly 49,0001. in cash—which he was very glad to find—.and also securities, debtors, &c., amounting to 225,669/. • The Vice Chancellor—So much Mr. Glasse said how much the securities were real'y worth he was unable to define, but the liabilities were 540,0001. It was therefore important that immediate steps be taken by the Court of Chancery to appoint some one to take possession of the 49,000/ , and of the securi ties representing this 225,0001., and to provide for per forming those duties to the shareholders which the pre sent directors had abstained from performing. His client desired to have these assets in the hands of some one ap pointed by the court. Last Saturday a meeting was held under the 71st section of the charter, at which it was declared that the loss of the bank had exceeded the limits defined by the deed, and that there must be a dis solution, and a - dissolution was declared. A suggestion had been made that it might be possible to wind up under a committee of directors, or in some other mode ; but his Honour would see it was impossible to carry out such an idea, as the amount".to be made good was so much beyond the sum limited by the deed, and the con sent of every shareholder would have to be obtained, and these could not be got. He represented parties to the full amount, he believed, of one moiety of the bank, and asked the court at once to make an order for dissolution and winding up. Mr. Glasse supported the prayer of the petition by various affidavits. He adverted to several of the matters which had been disclosed at the meeting on Saturday, and said that it appeared that the deficiency far exceeded' 150,000/. ; therefore, even if the directors had power of calling up and enforcing payment of the remainder of the capital, the sum would be insufficient ; and as a large proportion of shareholders were in humble circumstances, the amount deficient would have to be met by the sot• vent shareholders. Mr. Cotton appeared f:4. General Acheson, who held 250 shares, and for other parties holding 100. The state ments made by the deputy-chairman and the solicitor, at the last meeting, he thonlit, afforded unanswerable ar guinents in favour of an order for an immediate .dissolu tion and winding up. It appeared by the affidavits that a call of 501. per share had been already made, making 150,0001. to go into the hands of the directors, who m the shareholders at the meeting expressed anepinion that they could not trust. It w as felt that, as directors, they had neglected their duty in allowing 300,0001. to be lost, and the shareholders wished some person to be appointed to get this money in, and to keep it from the hands of the directors. It appeared that a private book had been kept by Mr. Cameron of advances to direotors and other parties, these loans not being entered in the general ledger. By an order for immediate dissolution and winding up this and other books would be obtained. Mr. Cooper appeared for Mr. Jeremiah Harridge, and entered upon several reasons why that gentleman's pe tition should be acted upon in preference to those already brought before his Honour ; alleging that Mr. Uotterell'a was too meagre, that the publication of Mr. Glasse's was nut sufficient according to the act, and that,Mr. was detective iii various particulars, while in every point the petition he presented was ample in all particulars. After some discussion, in which Mr. Glasse contended that his client had fulfilled the requirements of the act, and after Mr. Stevens had spoken favour of winding up, though his clients had not petitioned, Mr. Hetherington, for the corporation and directors, said of course ho also represented those shareholders who l.ad not presented petitions. The company malt be woaud up, but he would urge that the winding up might be made at a much less expense under the charter. Ho contended that under Peel's Act the c , )inpany could make calls, exceeding 110,0001., to any amount re quired ; they could bring actions for them. The direc tors could not object to a winding up order, but they believed that in the hands of Mr. Coleman, the account• ant, who had been employed at the wish of the share holders, the affairs might be more cheaply managed. He appeared especially for Mr. Stapleton, and three direc tors who bad joined the bank last August, and who were not responsible for the report of June ; indeed Mr. Stapleton was one who took his stand to exclude Alder man Brown from the board, and to turn out Mr. Came ron, the manager; who pretested against the dividend declared, and waq in favour of a call of 251. per share ; therefore no parties were more entitled to confidenot than his clients. The Vice Chancellor said that with regard to the gene ral expediency of a winding-up many present were quite aware how reluctant he was to make orders to that effect until he was perfectly satisfied as to their propriety. He had seen a great deal of mischief arising from the mode in which windings•up were conducted, but had no doubt that there ought to be a winding-up here. It was something that all who appeared as petitioners or share holders were desirous of this step. It appeared that 150,0001. raised by call hal been swamped, and exclu sive of the Welsh works (estimated at 40,0001.) there was a deficiency of 210,0001. According to Mr. Glasse there was 49,0001. to be had almost instanter, besides the estates. Those estates ought to be realised with all expedition. The only reason suggested why the com pany should not be wound up was, that being now in a state of hopeless insolvency, there might be a better, cheaper, and more expeditious mode resorted to. If he c mid find such a mode he should readily adopt it ; but he was satisfied, considering the probable position and capability of a great number of the shareholders, that to leave the parties to wind up under the act to which Mr. Hetherington had referred would produce litigation to a frightful amount, and he apprehended there would be no end of actions to be brought by directors against contributors, and by contributors against the body first, and then against individuals. Although he owned his feeling was aainst the application of the Winding-up Act, except where it was really necessary, he had no doubt that it ought to be adopted - in this case. As to the petitions presented, he overruled the objection as to that supported by Mr. Glasse, as he thought the act was satisfied. As to Mr. Cotterell's, though it did not go into sufficient detail, and had it stood alone he should have required a great deal more, yet he thought it a sufficient petition to found an order upon. He had asked himself why it was necessary for Mr. Harridge to peti tien, but sufficient reasons bad been given. He would ask Mr. Cotton why his was presented on the 13th, after three others were in I Mr. Cotton stated that the others represented a small amount of shares, and his cient thought it incumbent to take care that no proper steps should be omitted to se cure a winding-up. The Vice• Chancellor said much weight was to be given to the consideration that it was of the greatest import ance to all parties that something should be done in stanter, and he thought on that ground he should make an order on all four petitions. . The question of making an order for dissolution was not pressed, after a short discussian thereon. The Vice-Chancellor intimated that he should allow the costa of the four petitioners, also of the party for whom Mr. Stevens appeared, and of the corporation P out of the estate. FLOWERS OF THE EAST. —ln the Gazette of yesterday is republished a treaty made with the King of Siam in 1826. In the introductory portion of the document his Majesty is described as the powerful Lord, who is in possession of every good, and every dignity, the God Boodb, who dwells over every head in the city of the sacred and great kingdom of Si-a-yocetha-ya, incompre hensible to the head and b ra i n , th e sacred beauty of the royal pa'ace, serene and infallible there. " EVER BIM NOVELTY." —Weil may the poet make this, exclamation, more particularly with reference to fashion, of which the resources are infinite. Some do or three years since the far•fanied Madame de Gold berg, of Paris, astonished the elite by introducing a bonnet whereof the material was leather. At that period it sounded like a fiction, but was not the less true ; and in the construction the use of bronze and violet tints produced a very happy effect. The same intelligent artiste has once more piqued the curiosity of the beau-monde, by placing before it a bonnet, of which cloth forms the foundation. It is trimmed with its own material, and sometimes intermixed with silk, and will certainly create furore in fashionable circles, for it is singularly chaste and beautiful. Whether the use of cloth is a sign of the times, and an evidence of the enormous advance in the price of silks and velvets, re mains to be seen. The fact need only be stated, cud, in the meantime, the new arid very charming novelty, the " cloth bonnet.," is well worthy of inspection at Messrs: Jay and Co.'s Mourning Warehouses, 247, Regent-street, whose first autumnal general display of modes and novelties is now on view. It may be re marked that a decided improvement in the shapes of bonnets has taken place, and that they are now worn OHlecyhat larger--31:ornitta..eppor. TILE DOUBLE GOVERNMENT OP _LYDIA (From the Times ) The astonishing anomaly of the double govern ment of India was never more strikingly exempli fied than in the discussion which took place on Wednesday in Leadenhall-street upon the subject of the annexation of Oude. Here is a measure which has been hanging over the Queen's represen tatives in India for we kn9w not how many years, a dire necessity against which they have been en deavouring to struggle until further acquiescence would have been participation in the foulest cruelty and oppression —a policy which has been most anx iously and most frequently discussed here at home, and which at last was carried into effect, after re peated and earnest remonstrances to the persons whose interests were concerned, and yet Mr. Lewin sees fit to oppose himself to the policy of the em pir?. Are we living under the government of Queen Victoria or of Mr. Lewin ? It is better to know at once where one s allegiance is due. We cannot pretend, in the space to' which these re marks must necessarily be confined, to enter into the old traditions of the East India Company. Time was, no doubt, when it was perfectly right and politic to grant powers in a distant region to a commercial company, for then no serious effect was produced either by their success or their disasters bu the general fortunes of the empire. The state of things which justified such an arrangement has long ceased to exist. It is necessary to consult Orme and Mill before the mind can at all admit the pcssibility of so anomalous a result as the actual double government of India. A number of gentle men who really have no more right to be heard upon any question which affects the general wel fare of the empire than the holders of Three per Cent. Consols meat together, and affect, by virtue of their investments, to control the policy of the Br;tish Cabinet. r The process is simply this :—Any person who likes purchases a certain quaatity of East India stock and is suddenly transformed into a legislator for the British empire in India. In numerous instances the qualification is a fictitious one, as in the case of members of the House of Commons. This, however, is of no importance, for there is no reason why ever y t en th man to be met with in Leadenhall-street between the hours of 4 and 5 on a Friday afternoon should not be an Indian legis lator just as well as the holders of a certain amount of East India stoJk. Why do we not entreat the shareholders of the Great Western to take upon themselves the government of our colonies ? Why not apply to tha forlorn proprietors of the Ti ernes§ Tunnel to occupy their leisure moments--and they must have plenty of leisure moments—with Irish affairs? In bygone days the congress in Leadenhall•street had a certain meaning and sig nificance. So had the meeting of the welsh bards in the good old times, ere Llewellyn succumbed before the conquering arms of the first Edward. We should, however, be much astonished if we found the Imperial policy with regard to the Prin cipality seriously discussed in that harmless associa tion of antiquaries who may now and. then meet together for the more legitimate purpose of investi gating the Triad, and talking a certain quantum of nonsense about the departed glories of their hills. The time has arrived Nhen we must put an end to so abnormal an arrangement. British India is as completely a portion of the British empire and as entirely subject to the British Crown as Middlesex or Surrey. The Government of this country is per fectly competent to the discharge of its duties, and can govern any dependency of the empire without the intervention of a commercial senate. Tne absurd part of the arrangement is, that the East India Company's representatives in these Leadenhall-street meetings really have no sub stantial power—that is to say, that they have no power beyond that of talking nonsense. Every man in England who has paid any attention to public affairs is perfectly aware that Indian affairs are in reality conducted by the Beard of Cantrol. Another idea unfortunately prevails among the natives of British India. They are still under the influence of tradition. They remember the time when the power of "John Company" was something more than a name. They cannot conceive tbat men who talk so big and so much have not any substantial influence over the fortunes of their country. Hence it follows that every Indian Prince who fancies himself the victim of British policy looks to the talk-idol in Leadenhall-street for re dress. If the mischief stopped here even it would be endurable. The fact, however, is that a tribe of European grievance mongers has sprung up in British India, who tout about for victims, just in the same manner as the clerks of the least respect able Old Bailey lawyers tout about in Newgate street for clients. They boast of the d.'sinterested ness of the Company—of the justice of the Com pany—of the power of the Company ; they might as well talk to these deluded Hindoos of the might of Convocation. When these ingenious gentlemen have bagged a victim abounding in faith and ru p.,es it is not a difficult matter to tind a mouth piece in the august vestry for Indian affairs in Leadenhall-street. The poor creature gets a speech or two and abundant allowances of moonshine for his money. While the money lasts the elo quence and the moonshine are also forthcoming, but with failinc , supplies they also fail. Now, the sooner this delusion is put an end to, the sooner the natives of India are saturated with the conviction that their appeal lies only to the British Crown and British Parliament, the better for them, and the more creditable will it be for us. Can anything more monstrous be conceived than the adoption of the cause of the ex-Royal family of Oude by any public bodyin this country? Mr. Lewin appears to have mainly rested his motionupon some pecuniary services rendered by the Government of Oude to the East India Company in moments of necessity. The security of the Company one should have thought was reasonably good. Had the British empire in India been ruined what would have be come of the King of Oude ? Mr. Lewin forgets to sum up the services on the other side. But for the assistance of the British Government and but for the effective aid of the British arms this worthless and cruel dynasty would long since have ceased to oppress its unfortunate subjects. In his anxiety for grievances it is only surprising that the philanthropic director did not revert to the old days of Warren Hastings and of the Treaty of Chimer. Something we remember to have read of an arrangement by which the Nawab of Oude was elieved of all his debts to the Company on condi tion of his seizing the property of the Begums— his mother and grandmother—and delivering it over to the spoilers. The tale would have rounded a period far better than these miserable .stories of loans, which, no doubt, as far as the lenders were concerned, proved excellent financial operations. This, however, is not the time nor the place to enter upon' the history of the abominations which were so long perpetrated under the protection of British rule. We can conceive no more hideous tyranny—no more awful curse to a subject race— th an the oppression of au emasculated and debauched Eastern Prince carried out and maintained by the vigorous arms of British officers. Why should we be parties to the infliction of all this misery and de solation—of this complicated torture and starva tion upon a harmless race ? We might, it is true, have finally attained the results which have been actually attained by the withdrawal of all British support from the native Government of Oude. The result of such a policy would inevitably have been the infliction of the most terrible sufferings upon thousands and tons of thousands of our fel low creatures. A twelvemonth after the with drawal of the British the kingdom of Oude would have been lying desolate, the Royal family mas sacred or in flight, and the wretched natives dead by thousands in every variety of human agony. We liae a right by treaty to interfere., and we exer cised that right most wisely and most justly. Mr. Lewin, on the other hand, is of opinion " that the seizure of the territories of Oude is one of the worst examples of Indian spoliation, and au act of the basest ingratitude towards the family of a native Prince." The only idea with which such a resolu tion inspires us is that it is highly advisable to get rid of that department of East Indian Government in which it was propounded with all convenient despatch. It is no sufficient answer to say that Mr. L9Will'S fellow directors defeated his motion at once. There is no reason in State policy why we should be any longer troubled, Or our Indian fel low-subjects any longer deluded with, stitch a mock ery of government. NEW JOINT•STOCIC COMPANIES.—The following is list in continuation of the one last given of the new j o i nt - s t oc k companies incorporated under the new act —Stratford-on-Avon Railway Company, Btitieh West India Fibre Coinpady, British Candle Compan3, Man chester and Ffestiniog Slate and Slab Company, Cam* briar Foundry Company, Maresfield Patent Gunpowder. Company, British and Colonial Agency Company, West of England Soap Company, Burley in Wharfdale Gas Company, Provincial Gas Light and Coke Company, Great Harwood Gas Light and Coke Company, Settle Gas Gunpany, London Unadulterated Food Company, the Manchester Commission Agency and Lorin Com pany, London Investment Company, Alford Corn Ex-- change•Coinpany, the Californian ConaGlidatoll Quar.a Mining Company, Lambeth Baths and Washhouses' Company, Birmingham Waggon Company, Provincial Gas Light and C ke Company, S out h D o von Shipping Company,tirmingLam Music hail Company, Uxbridge and Hittingdon 'Gas Consumers Company, Tonbridge Stock and - Cattle Market Company, Atherstone Corn Exchange, Canterbury Music •Hall, Chelmsford Gas Light and Coliu Company, Melton Mowbray Corn E:E. change and Public RdiotnaiQunpanY , ance Hall C ompany , Below Gas Leicester Temper ht and Coke Com pany, Haslingden Gas • Light Company, and Maryport Public Building ConipanYl enumerat e d, 92 aew coinp making, with those previously aniez incorporated under the ROW Nits LEICESTER RACES -THIIRSDIT. A Plate of 25 Sovs., added to a sweepstakes of 5 sorts each for 2 yr olds and upwards. Optional selling weights, &c. T.Y.C. Half a mile. (5 subs.) Mr. French's Profile, by Portrait, 2 yrs, (401) sst 41b (Pritchard) 1 Mr. Brown's Coal Black Rose, 3 yrs (401.) Lt 111 b „ (Fordham) 2 Mr. Hanks's Admiral of the White, 2 yrs (501) 54t llb (Edwards) 3 Mr. Andrews' Chatteress, 3 yrs (401.) 7st (Sapp) 4 Major Yates's Clara, 3 yrs (401.), 7s (J. Land) 5 Betting-5 to 4 agst Profile, sto 2 agst Coal Black Rose, 4to 1 agst Admiral' of the White. Won by two lengths ; bad third. The winner was sold by auction for 115 guineas. Handicap Sweepstakes of 10 sous each, h ft, with 50 added ; winners extra. Gentlemen riders ; professionals 61b extra. One mile and a quarter. (9 subs ) Mr. B. Land's Weathercock, by Weatberbit, 5 yrs, list 1313 (including 6lb extra) (B. Land, jun.) 1 Mr. Cartwright's Bright Phcebus, 5 yrs, list (Mr. Scobell) 2 Mr. La Mert's Schamyl, 4 yrs, lOst 10lb (Mr. Blake) 3 The following also ran :—The Groper, and Bobby B. Betting-6 to 4 agst Bright Phosbus„ st. 2 agst Schamyl, and 5 to 1 each agst the Cropper and Weather. cock. A fine race in, won by a head ; a length and a half between the second and third. The Cropper was pulled up and walked in. Bibby B bolted soon after starting. The Scurry Handicap of 50 sovs, added to a sweeptak es of 10 sbys each, and only 3ft if declared, 85c. Vin• ners extra. Half a mile. 23 subs, 5 of whom declared. If r. St. John's British Remedy, by The Cure, 3 yrs, est 41b Mr. B. Parr's Leamington, 3 yrs, 7st 3:13 (including 71b extra) (Sopp) 2 Mr. Brown's Coal Black Rose, 3yrs sst 11Ib )Britton)) 3 The following also ran :--Pantomine, Ratio ver, Bessie, Prince's Mixture, Breeze, filly by Birdcatcher, out of Sacrifice. Betting-7 to 4 agst Breeze, 3to 1 agst Leamington, 6 to 1 apt British Remedy, 9 to 1 agst Hanover , 20 to agst Bessie (off.) Won easily by a length ; bad third ; Pantomime was fourth. Breezy fell on rounding the turn into the straight ; her jockey was unhurt. Sopp wai fined 101., and Prior and Withington were repri manded boy the stewards for disobeying the starter's orders. Her Majesty's Plate of 100 guineas ; 3•yr_olds, 7st 7lb : four, Bat; five, 9st 71b; six and aged, 9st 91b. Three miles. Mr. Vernon's Lance, by Launcelot, 3 yrs (carried 7st 81b) - (Wilberforce) 1 Mr. Jackson's Lady Tatton, 4 yrs (J. Osborne) 2 Mr. Sidney's Excitement, 4 yrs (J. Hall) 0 Betting-6 to son Lady Tatton. Won by a length. Excitement was only started to make running for Lady Tatton. The Juvenile Selling Stakes of 5 sovs each, with 25 aided, for 2-yr-olds. About three quarters of a mile. 4 subs. Mr. Sidney's Sister to Nancy, by Pompey, (401.), 6st 10Ib (Withington) 1 Mr. Evans's Storm Pail (401.), Est 101 b (carried 7st) (J. Hall) 2 Mr. Andrew's Mary Agnes (401.), ast 101 b (carried 7st) (Sc.pp) 3 . • No betting. Won by a length and a half; bad third. The winner was sold by auction for 67 guineas • and Stormsail was claimed, under the Newmarket rule, by Mr. E. Parr. The Innkeepers' Plate of 25 sows, added to a Sweepstakes of 5 sous each, for 3-yr-olds and upwards. Allowances and penalties. About ami e. 7 sub 4. Mr. B. Parr's Stork, by Sir Isaac or Gabbier, 3 yre, 7st lib (in. slb extra) (Sopp) 1 Mr. T. Walker's Mary Capp, 3 yr , , 6st 71b (Snowden) 2 Major Yates's C tleionian, 3yrs (in slb extra) (J. Lund) 8 Mr.• Good's Vulcan, 4 yrs (in. 31b extra), B.t 21b (D. Hughes) 4 Betting—Even on Stork, El to 4 apt Mary Copp, 5 to 1 agst Vulcan. Won by a length and a half; bad third. CHESTER AUTUMN MEETING.-00T. 7. The Innkeepers' Plate (Handicap). Half a mile. Weights declared at 6 p.m. on Tues,tay, the 231 inst. Age st lb Age at lb Mnrgeois Pantomime Catherine Parr 6 7 4 rick 3 6 G Omer Paclia 3 7 4. Assailant Mermaid Schamyl L'Addio Tom Thumb 3 6 8 Little Cob 2 4 12 The Wynnstay Handicap. Seven furlongs. (28 sub:.) Weights declared at 6 p.m. on Tuesday, the 23d inst. Age at lb I _ Ago st lb Coroner .... Theodora Hospitality Panmure Gaudy Mermaid Byrsa 3 7 2 bc by Touchstone— King of Scotland 3 7 2 Diphthong......... 2 5 4 Mary Copp Salmon La Victime Underhand Dolly Lunelle Miss llarkaway ... 3 6 4 Fairystone 2 4 10 The Grand Stand Stakes (handicap). 7 furlongs. (11 subs.) Weiglits declared at 6 p.m. on Tuesday, the 23d inst. st lb st lb Martinet South-Western Daisy Orianda Kenerdy Evelyn 7 0 Silkinore The Chester Handicap Stakes. Mile and 7 furlongs (4l subs.) Weights declared at 6 p.m. on Tuesday, the Nd inst. Ago at lb Lady Tatton 4 8 7 Early Bird 5 8 0 Polestar 4 7 10 Eilarmire Saraband Fact Flatterer Bonnie Scotland Mary Prince of Orange (inc 101 b ex) Gamekeeper ?antomime Coroner Lundyfoot 3 6 10 Siding 4 6 8 Whalebone Imogene 4 6 4 Claret 4 6 2 Rip Van Winkle Catherine Parr 6 6 0 Age at lb l Aldford Alice Red Robin 4 5 10 His Piper Johnny Taft 4 5 10 Culcavy Falstaff S walcliffe Omor Pacha Mary Copp 3 5 8 Lord Derwentwater 3 5 6 Primrose 3 5 6 King of Scotland ... 3 5 4 Grey Pyrrhus Uzella La Victim° Meton 3 5 0 Miss Harkaway 3 5 0 Alma 3 5 0 The Tartlet Tame Deer 3 4 10 AQUATICS. LONDON UNITY - ROWING CLUB. This flourishing tradesmen's club closed their season yesterday with two pair oared races for silver cur, liberally presented by C. Morton, Eq., of the Canter bury Hall, Lambeth. In order to give every member of the club a fair chance of success the members were divided into two classes, with a separate and distinct race for each class. At half-past four o'clock the first class race was started, consisting of the following pairs : Blue—Jones and R. Ayckborne 1 White—T. Day and R. Miler Red—G. Hirst and J. Amor Black—R. Bain and C. Lockett The distance was from the new bridge at Battersea to Westminster-bridge. After several false starts they at length got away, white taking the lead, followed by black, and rod third. After a few strokes a slight foul tirok placii between black and rcd, • during which blue got second, and, after a serer° struggle, succeedeit in wresting the leaf from white nod maintained it to the firri4, winning the rises by about three boat lengths ; white second, rod a good third until coming through Vauxball-bridge, when they were swamped by a steamboat, which quite put their chance out, At a quarter past six o'clock the following six pairs of third and fourth class men came to their stations to start for the eccond class race : Blue—R. Jones and R. Green ... 1 White—W. Mills, jun., and E. Tulke... ...... 0 Green—C. Glenister and F. Miller 0 Black—E. Whittaker and R. Julian Yellow—W. Mills, sen., and F. Knight 0 Red—W. Woodbridge and J. Burrows The distance was the same as for the first race After one false start the lot got away pretty well to• getlier, blue taking the lead and maintaining it to the cod, closely pressed by white, green being a good third. The others tailed off considerably. Blue rowed in a boat which was protested against by all the others as having been barred from the race. It therefore remains for the club to decide whether they are the winners or not. Mr. W. Sanderson, who officiated as umpire, gave metal latiefAction. COURT OF COMMON COUNCIL. Yesterday th• court met for the despatch of public business. A. communication from the Board of Works was read, announcing the intention of the Government to employ an officer of the navy to make a survey of the Thames, and asking for the plan made under Mr. Telford's direc tion in 1823. The request is to be complied with. A report of the General Purposes Committee on the metage of potatoes was presented by Deputy 1131 t, recommend ing that the whole of the subject of metage should be taken into consideration. This was agreed to, and re ferred back to the committee to be put into execution, with a view to holding a meeting of the corn trade and others interested in the question, and negotiating with the Meters about the abandonment of their claim to metage. There was a motion of Mr. Besley's, that the Court should proceed to discuss the Corporation Reform Bill of last session, but the Lord Mayor held that as the bill had been withdrawn, the motion could not be entertained. It was then moved by Mr. Wool), and seconded by Deputy PRITTRESS—" That it be referred to a committee to consider and report their opinion as to the alterations and provisions which should be made, and generally what should now be done for the better regulation of the Corporation of London, and the management of its affairs ; stating what can be effected by the powers of that court, and what would appear to require parliamen tary aid." Several members spoke on this motion, expressing their opinion that they were bound to do what th-y could, by themselves, to remedy th e ex i st i ng d efects in the municipal constitution, and that it would be better for them to seek parliamentary aid for that purpose than to have a bill forced upon them perhaps by a hostile Government. Mr. 11. L. TAYLOR suggested that the words " to a committee now toi be appointed," and " to'report thereon forthwith," should be added to the motion. Mr. WOOD having assented to this alteration, the motion was put and carried ; and a committee, consist. ing of the Lord Mayor, the aldermen present, and a commoner from each ward, was at once appointed to carry the object of the motion into effect. Deputy LOTT moved, " That the bye-laws passed by this corporation, at the instance of the Markets Im- provement Committee, to prevent the driving of cattle through the streets of the metropolis on Sunday, and which were represented by the Secretary of State to the inhabitants of Islington, petitioning for a c h ange o f t h e market-day from Monday to Tuesday, as sufficient to prevent all nuisance arising therefrom, having been decided by a polite magistrate to be invalid, and cttle of all descriptions being driven about the metropolis on the Lord's day with impunity, to the great annoyance of inhabitants, it is the duty of this court, in order to keep good faith with the public, to remedy this evil by ob taining :an efficient legis!ative enactment for the sup pression of the nuisance, or by courteously complying with the prayer of the numerous petitions, to change the market day to Tustiday." The motion, after a discussion, was negatived by an overwhelming majority, only three hands being hold up in favour of it. EASTERN COUNTIES RAILWAY.—We understand that the committee of shareholders appointed at the recent meeting of the company have called upon Mr. Faue, Mr. Anderson, and Mr. Packe, to retire from the board. PENRHYN CASTLE.—"A Constant Reader," writing on the subject of the inconvenience attending a visit to Penrhyn Castle, says :—I went —a stranger —to an hotel in Bangor to take car for a visit to the slate quarries and the castle, and was told by the host that tickets for the castle were only procurable through two stationers in the town. I called on the first, but the young man in the shop wished me to call again, as his master was away. I then calla on the second, and politely asked bins to favour me with a ticket, whi c h h e sa i d he could not ; it was now near 1 oclock, and the caste is only open on Tuesdays from 2to ; we started for the quar ries, and then returned to Banger to the first stationer to repeat my request. He went into his back parlour for about 10 minutes to see if he hail any at liberty, during which time his young man was pl acing b e f ore me all kinds of b:mks ; and thinking, if I did not purchase I iniOlt he minus a ticket, I bought a popular work for 3s. 6]., which I could buy in this town !or about half the money ; and this, with 2s. 6d. I paid for teeing through the castle, makes it rather an expensive visit. THE NAVVY'S HOLIDAY.—Some of our northern con tractors have been a little embarrassed by the preference sho Nn by Irish "navvies" for the sickle over the shovel. Farmers, during harvest, have been more in favour than constructors of railways and other works, not so much on account of any difference in wages, as of the love of change. When the cern is ripening, the expert Irish reaper throws down his shovel, and betakes himself to the farm, just as the merchant, the manufacturer, or the tradesman forsakes his desk, his loom, or his counter, awl hies to Harrogate, or Scarborough, or the continent. A month in the harvest-field is a holiday to the navvy, an agreeable variety, and a welcome relaxation. It stands him in the same stead as a few weeks' sport on the moors to the doctor or the lawyer; and he likes it none the woree because the farmer pays him and feeds him well, and gives him free quarters at night in the barn.—cageakcigi Observcr. ,4 0 our very 'mall. iggish Sales little ',OUT. 1,010 6,630 brim. V