The Sun. — London, England, 1856-01-30 00:00:00

IHE SPECTATOR'S MONTHLY SI7PPLE- PENT, to accompany the Paper of the week ending Saturday, February 2, will contain—Political Statistics :—The House of Com mons at the Opening of the Session--Changes since the last General Election—Party Votes. .Economical Statistics :—Tables showing the state of the London Joint-Stock Banks, the Ranks in Victoria, the Progress of Canada from 1800 to 1854- 4 -Agricultural Statistics of Scotland for 1855. In addition to th,e Reviews of sew Books, Fine Arts, and Music. Advertisements should be sent to the Publishing-Office on or before Thursday evening. JOSEPH CLAYTON, Publisher. t, Wellington-street, Strand. OTTOMAN CLUB, 14, Regent-street, 31st December, 1855.—At the General Meeting of the Members held this day, an enLination was given by the Proprietor of the position and future prospects of the Club, which was considered satisfactory. Certain alterations in the Rules of the Clab were then proposed, and the Meeting was aAjourned till the 31st of January next, at 3 o'clock p.m., for the purpose of confirming them. if approved. By order oft.he Committee. C. A. CURWOOD, Hon. Sec. THEATRE ROYAL, COVENT-GARDEN. Lessee, Mr. J. 11. Anderson. THIS EVENING, WHAT DOES HE WANT ? Principal characters by Professor Anderson and Mr. Leigh Murray (his third appearance). To concinde with the gorgeous Pantomime of YE BELLE ALLIANCE. Clown, Mr. Flexmore ; Pantaloon, Mr. Barnes; Harlequin, Mr. C. Brown ; and Columbine, Miss E. Horne. THEATRE ROYAL, DM:TRY-LAN& Lessee. Mr. E. T. Smith. THIS EVENING, THE ORHAT GUN TRICK. After which, HFY DIDDLE DIDDLE ; or, Fiarlecinin King N01194311/6 and the Seven Ages of Man. THEATRE ROYAL, HA.YMARRET. Under the Management of Mr. linckstone. THIS ETENLYG, SHE STOOPS TO CONQUER. After which the New Comic Christmas Pantomieln, entitled THE BUTTERFLY'S BALL ANTI, THE GRASSHOPPER'S rz&siT ; or, Hariennin and the Genius of the Spring. ROYAL PRINCESS'S TLIFIATEFt, OXFORD-STREZI e unda the Management of Ur. Camas Kaask THIS EVENING, The Tragedy of HAMLET. Hamlet by Mr. C. Kean. After which. HARLEQUIN AND THE MAID AND THE 3./AGPIE ; or, the Fairy Paradtsa and Hanky Panky, the Enchanter. Harlequin, Mr. Cormaek; Clown. Mr. Hallne; Pantaloon, Mr. Paulo; and Colunedne, Miss Caroline Adams. THEATRE ROYAL ADEL.PEI. eoprletor, Mr. B. Webster.—Directress, 3fsdame Celeste. THIS EVFINDTO. DDIESTIC ECONOMY. After whlcli. ITROENP PRIVATE AFFAIRS. To conclude wit JACK AND THE BE 01' STALK; or, Harlequin and Mother (loos , . at Home Again. In which Maws. J. 111 Ind, P. Bedford. Madanse Celeste, Miss Wyndham, and Min E. Arden will ap,ear. ROTA(. lURII:FX THEATRE. Lessees, Messrs. Shepherd and Creswisk. TUIS EVInTING DEEDS NOT WORD 3. To concinde with A. PRINCE OF PEARLS; or, Harlequin and Jane Shore. ROYAL STRAND TEMATRR. trader the direct/0g of Mr: num% TIM EVENING, 'KATE WYNSLE.Y. • rotlower! by THE ROMANTIC WIDOW. After whlch. A PLAGUE. 0' .60Th YOUR 13OUSE3. To conclude with TUE HOLLY TREE TNN. R3YAL OLY %INC THEATRE. Lessee and 3fr. Alftel Wigan. "king EVENING, STILL WATEIt RUN DEEP. After which will be produced a New and denhly-moral. though excessively old, Melolrarnatie. Fairy Extravaganza, entitled TUE DISCREET PRI N•C FAS ; the Three Glass Distaffs. In which Messrs. Emery, F. It)bsan, 11. 'Cooper, Miss Marston, an/ Miss Haskell will appear. ASTLEY'S ROYAL AMPiirTHEATRZ Lessee and Manager, Mr. Wm. Cooke. Extraordinary Feat by the Elephants TUTS EVENING, The Romantic Equidrame called ROOKWOOD; or, TURPITS RIDE to YORK. After which the ACTS In the ARENA, introducing Miss Kate Cook, Miss Emily Cooke, Mr. John Cooke, &c. The sagacious Ele phants will appear, one of which will execute the lac-edible feat of ascending upon a narrow board from the centre of the Ring to the top of a high platform on the stage To conclude with HARI...K(2EIW AND ST. GEORGE AND THE DRAGON; or, the Seven Champions of Christendom. Box-office open from Eleven till Foar. Stage Manager, Mr. W. West, Equestrian Director. H.% W. Cooke. Jun. EXMA. ST.t.XLET'S SEVFINT AGES OF WOMAN. Every Evening at S. and on Saturdays at 3. ?renounced by the unanimous voice. of the press. and by nightly I.lereasing audiences, to be the Greatest Artistical Triumph of the day. SAINT MARTEN'S HALL, Loag-acre. Area, ls. ; Reserved Chairs, 2a. 6d. HIGH WATER AT LONDON BRIDGE. TEM DAT—Morn. 4G min. aft. 6—Evening 2 min. aft. 7 Tn-HORROw—Morn. 26 min. aft. 7—Evening 51 min. aft. 7 THE WEAT 4 HER—SUN OFFICE, JAN. 30. THERHOHETER, IN THE SHADE. :,fy -Wicked since noon yesterday. 34 -lowest this morning and during the night. 39 -this day at noon. ' BAROMET Eli, 29'92. WIND, N.W.- - Rather fresh, with fine, cold, frosty weather. 16) .... 4*, ~ , ..,, _ • I 11 , n ..._ . r tp , . • '1 ,. ...-1,,,'2,1„,„%A . , • LONDON, WEDNESDAY, JANUARY 30, 1856 - To-morrow, the Speech from the Throne will give some insight into the futwe prospects of the country. We shall be better enabled to judge of the chances of Peace, or of earnest and deter mined War, from the rather vague hints that may be thrown out in the all-important address. As we have already repeatedly explained, the terms have not as yet been finally arranged, nor do we believe that there will, during the present year, be anything approaching to a decided solu tion of the difficulty. It is, in one respect, satis factory to find that the Conferences are to be held at Paris, rather than in any German capital, so that both Houses of Parliament will obtain speedy and authentic intelligence of the progress of the negotiations, and thus be enabled to inter fere efficiently before any great mischief can be perpetrated. The EMPEROR will be at hand to control the action of the representative of France, while the British Plenipotentiary will have the power of obtaining almost instantaneous advice from Downing-street; in the event of any hitch not provided for by his previous instruct. thus. These are important matters, and will doubtless prove of immense weight in unravel ling the tangled s k e i n of diplomacy. We cannot, however, conceal from ourselves that there are ugly ' rumours in circulation—that even the good faith of our chief Ally has been seriously impugned. We cannot yield an easy credence to these flying reports. We have wit nessed the complete and unequivocal re f utation o f many statements as boldly put forward, and w e hope, and believe, that the present will not have a different fate. As we have already explained, we cannot ex pect that the French Government should be con tented to go on without some distinct and unequi vocal understanding respecting all the eventualities that may arise. France has already reaped huh renown in the course of the War. Her influence has been greatly advanced, and most justly s o , during the fierce conflict, and no true-hearted Englishman will repine at her glory. It is almost unnecessary to say that the gallant exploits of our ec»ntrymen have been properly appreciated by our Allies that the depreciatory comments that have been uttered against our brethren have found' no echo throughout the fair land of France. On the contrary, all that , has been done by England and the English has been hitherto regarded in the most favourable light ; an d we cannot sup pose that a sudden and unreazonable change sbopld occur 021 c -trivial or inALlcient grounds. Whoever may be the traitor, s g f that hwi e • • - - must be searched for elsewhere than in the pre cincts of the Tuileries. There may be, however, some mistake as to the wishes of England. The " Germanic" influences that have proved so prejudicial to the best in terests of this country may have also made them selves felt in Paris. There have been opportunities for that purpose which cannot have been alto gether wasted or misapplied. The EMPEROR may have bean misled, but we are quite certain that he would not, after the evidences he has already afforded of the best feeling towards this country, deliberately take a step in the wrong direction. He may have been deceived, but we can scarcely believe that he would wilfully abuse the confidence entertained in his iaagnanimous integrity. The "Croakers" point to the desertion of Kars, aid the wanton sacrifice of its gallant gar rison, asserting that when there were so many French soldiers relieved from service in the Crimea, a decided effort, at least, might have been made to relieve its brave defenders. This is cer tainly the most plausible argument that can be adduced, affording, as it does, a prima facie case against all persons in any degree concerned in that untoward and calamitous event. But this matter must be closely and stringently investi gated by the British Parliament, and it is by no means improbable that the actual responsibility may be found to rest on other shoulders. We shall, however, be enabled to form a sounder judgment on all matters relating to the peace question ere many weeks have elapsed. We have already stated that France has a perfect right to the most unqualified assurances, the most explicit understanding, as to the future con duct of Great Britain in certain eventualities before she makes further sacrifices in the cause. The hints that have been thrown out respecting a matrimonial alliance between the Royal families of England and Prussia have been, to say the least - , very inopportune, and the visit of the supposed suitor for the hand of the Princess Royal of England was certainly ill-timed. The Emperor has a right to know that the taint of Germanism shall no longer affect the Councils of England. If he re ceive satisfactory assurances on this point, we have no doubt that his conduct will be all that we can reasonably demand or require. Among the many proofs. that Russia is really "hard up"—that her professions of moderation in consenting to the five conditions are but an excusable mask to secure a better bargain, and that she will concede all in reason that is unflinch ingly demanded, is, the new issue of paper money. It is neither more nor less than direct confiscation of some sixty per cent. of the property of those who held the convertible paper money previously. There have been in Russia two classes of rouble notes —•one convertible into gold on demand, therefore in circulation, equal to it in value ; the other inconvertible, except at the rate of three for one of the former. • The present opera tion means, as we have been informed on the best authority, that the notes of the present value of a rouble will be reduced t• the value of a third of a.rouble. What the amount of them in circulation is probably no one knows, but the effect is precisely the same as if our Go vernment were not only to issue inconvertible paper for domestic currency, limited to an amount which kept its value what it now is, but should, in addition to that, issue such as amount, con vertible on demand into gold, as reduced the former paper to one-third the value of the latter. It is, in fact, raising a huge loan at home without interest, because the loan markets of Europe are closed to the defeated. power. Surely our diplomatists are alive to this, and to the evident symptoms that Russia is intimidated at the general aspect of Europe, and that she is in military distress also. Even Prince GORTSCIIA KOFF is alarmed, and M. SEEBACII, the old friend of the EMPEROR, has revealed certain facts to him which could not reach him through his own offi cals. It may be hoped, then, that the cant about magnanimity to Russia will be dropped, and that the endeavour will be to compensate for the inefficiency of our naval and military admini stration by our diplomacy. English diplomacy ! ft certainly' almost provokes a smile. Russia, no doubt, feels confident enough that she can beat us in that. Her diplomatists will come out boldly enough, though her ships may skulk under her batteries. If the negotiations, however, proceed, Lords PALMERSTON and CLARENDON have no alter native but to surpass our expectations in Conference, as much as Sir CHARLES WOOD • has baulked them in the Admiralty. If—seeing we are already iu the toils of the. Five Points—if our Government can drive back Russia from Persia and Turkey in Asia; if it can say resolutely we will not go on if the east coast of the Black Sea be net renounced ; if it insists upon making a Gibraltar of Kinbourn provided Russia will not destroy the dockyards of Nicola.ieff ; if it does really neutralise the Black Sea ; if it takes away the Aland Isles from Russia, and forbids the erecting more fortifications in the Baltic ; if it demand for Poland the constitution of the Treaty of Vienna ; above all, if it insist firmly on the expulsion of Austrian troops and influence from the Principalities --if it does these things only, it will regain much of its cha racter, and save England from posi tive ignominy. It will be able to turn to its accusers and say, little as seemed to eff3et, yet you see how much it was by the concessions of the enemy. The discontent of the country is deeper than its pleasure. Possibly lower prices are looked upon as a poor compensation for degrading recol lections. This generation will be unable to for get that the flag of England has gained no credit in its hands. If it had forts- to breast instead of broadsides, it will not be forgotten that we had steam to make us independent of the winds. Give a NIILSON ships at the mercy of a calm, and the , enemy's ships also, or offer him ships of any power moved when, and how, and where he liked, and forts to fight with, and the Con queror at Copenhagen would not have refused the latter as inferior to the former. Lord CLA RENDON must remember, then, that we have naval and Asiatic ill-success and mismanagement to atone for at Paris ; and he must remember, too, that many will require him to make up. for the delinquencies of the Staff, and the Guards, and the feather -bed colonel's, and the whole string of aristocratic blunders in the army. Russia will now submit to anything for peace. England is the power which must enforce the most important demands, and Lord CLARENDON is the man through whom it must be done. Do it he must, or he, his. Cabinet, and his order will be remembered with lasting contempt. We even believe that if lie insisted as- a matter of course on pecunia6 indemnity, such is the present "mo deration" and "magnanimity " of Russia, that she would pay it as a matter o f course —and that she would net pay it in old issues of paper roubles. Should peace be prompt l y -concluded, the Chan cellor of the Exchequer win- probably have little benefit from it. Ira may even find it smoother wo r k t o raise loans and to lay War tae one a `~ people who were in earnest to gain worthy results from the War than to appease the demands of the nation for the remission of War and other taxes, dissatisfied, as it is, with the paltry achievements of the Admiralty, with the Whigs and Coburgs and the beggarly terms of peace. Of course the Income Tax will be the first object of attack, nor should we be surprised if Mr. DISRAEL/ return to offiee pledged either to extinguish it or to equalise its pressure ; nothing will save it but the neces sities of the Treasury, and the prospect of ad justment. Sixteenpence instead of sevenpence in the pound has dissipated all the mists of Mr. lIILADSTONE'S eloquence and sophistry. When the drops fall large fogs ►anish. Another tax, to which we adverted not long ago, will immediately attract public attention. Attacks upon it were, indeed, beginning with vigour when the advent of war rendered it absurd to clamour for the repeal of any tax except the postal one on newspapers. The tax we refer to is that on fire assurance. The reasons which have been urged against it are so irresistible that nothing is wanted but to call public attention to them. If a tax be laid in connection with insur- ance of property, it ought rather to be in the shape of a penalty for neglecting it than in that of a fine for prudence. Every man ought to insure. Not only the security of his creditors, if he have any, but the welfare of his family, and consideration for those on whom a serious fire might render him dependent, demand it of him. Yet, if he fulfil the duty, he pays !rem one to two hundred per cent for doing so ! If, through mean ness or recklessness he omit it, he pays no tax for it at all. Were insurance like bread or water, some thing indispensable to the possessor of property, the tax would be universal, and so far just. Being, however, neither a luxury, which it may be com mendable to refrain from, nor a necessary, which the unworthy cannot dispense with, it is a tax levied discriminatively on honesty and prudence. At the same time, the proportion of the tax is so unnatural. Suppose the proprietors of good houses to unite to guarantee each other •against the destruction of their property by fire, expe rience shows they could do it for Is. 6d. per cent. Government therefore steps in and imposes on them the penalty of 35., or two hundred per cent., for doing it. The average of insurances may be about the sum charged for duty, and Go , vernment therefore inflicts on the prudent part of the nation about one hundred per cent. for their prudence. It is a singularly unequal tax also in relation to the two great sections of -the community—the landlords and their tenants, and the industrifl classes generally. Land is in combustible, and the produce of land, through the legislation of its proprietors, is exempt from the Government duty on fire insurance. Were land combustible, its insurance would cost the landlords at least 2,250,0001. ; farming stock actually insured would pay nearly 100,000/. ; so that we have here a tax in favour of the landed interest to the amount of considerably more than two millions and a quarter per annum. Indeed the whole sum received by Government from those who happen to possess combustible property un connected with land (1,315,4241. in 1854) is just a million less than landed proprietors would have to pay if their property also paid three shillings per cent. for insurance. We were led to recur to the subject by a novel and bold attempt on the part of a French com pany to do justice for us, despite all the terrors of Mr. KEOGH and the Court of Exchequer. Indeed the French seem disposed to quicken our snail paced House of Commons, by giving us thebenefit of their commercial laws, perhaps, in return for our Free-Trade generosity. Our laws of limited liability having been doctored to suit our mil lionnaires at home, an omnibus company actually is started in Paris for the benefit of London. And now, a Fire Insurance Company, La France, pro poses to effect insurances on English property, and, as no duty is paid in France for this species of prudence, it can, without risk, insure us one hundred per cent, cheaper en the average than our own Insurance Offices. The company is one of the highest respectability ; but one English office insures a larger amount of property, anti on its Board of Management appear the names of gentlemen of high social and commercial reputa tion in Paris. What Sir CORNEWALL LEWIS will say to this invasion we cannot predict. The company is evidently confident that he has no legal means of compelling a French company to pay duty for the b us i ness it trantacts in England. In their prospectus they openly state that they can do for 2s. per cent. what an English company charges 4s. 6d. for, because of the Government duty here ! The insurance companies must now make some move. The old ones, which, like the Sun, make 4,0001, or 5,0001. a year by collecting the duty for the Government, will not spontane ously stir in the business. The younger offices had, as we have already observed, began the attack, but have gone to winter quarters during the War. We may presume that they at least will urge upon Government not efforts of doubtful success to get a verdict against the French com pany, but the abolition of the tax. They have al ready proclaimed war against this semi -barbarous imposition, and they will hail La France as valuable ally in a new and vigorous campaign. It is in no fulsOme spirit, but with heartfelt satisfaction, and in vindication of a cherished sentiment, that we invoke the special attention of our readers, and more especially the young, to the Report which appears in another column of the proceedings at the annual meeting of the governors and friends of the Royal Free Hospital in Gray's-inn-lane yesterday. Rarely has it been the lot of a public journalist to present an illus tration more striking of what may be achieved by the enterprising spirit and energetic efforts of a single philanthropist than the institution and career of the Hospital in question afford. Some thirty years or more ago it occurred to a member of the medical profession, who had become ao quainted with the sufferings which unfriended poverty and destitution, when afflicted by disease, had to endure in the metropolis, that something might be done towards their relief by resolute personal effort and the aid of the benevolent. Charitable institutions for the relief of the suffer ing poor were, it is true, in existence ; but these were too few in number, and besides were fenced round by a rule requiring an introduction even for those whose misery was aggravated by the knowledge that they had not a friend. Delibera tion before long resolved itself into action, the Royal Free Hospital was founded, and itl gates thrown - open for the reception of every.de serving object the means of the Institution would enable its governors to admit. This memorable event took place some twenty-eight years ago, and from that time to the present it has been the enviable lot of its benevolent founder, Dr. MARSDEN, alike to contribute to and to contemp late its growing usefulness and success. What the achievement to which we have thus drawn attention involves may be guessed at after, a pe- rusal of the report. There it will be seen that, during the past year alone, the society's expendi ture amounted to G,231/. Os. 81, and its receipts 6 32t41. 644 th&t Voile old debts to Showing a decrease of 1,105,360/, in th lation of notes in England, and a decrease oi 1,173,690/.. in the circulation of the United Kingdom, when compared with the month ending the 24th of Nov. ; and, as compared with the month ending the 211 of Dec., 1854, the above returns show a decrease of 638,1941. in the circulation of notes in England, and a decrease of 232,890/. in the circulation of the United Kingdom. The average stock of bullion held by the Bank of Eng land in both departments (Wring the month ending the 22d of Dec. was 11,148,6931., being a decrease of 85,6161. as compared with the previous month ; and a decrease of 2,861,670/. when compared with the same period last year. The stock of specie held by the Scotch and Irish banks during the month ending the 22d of Dec. was 4,239,9901., being an'increase of 24,2861. as compared with the previous return, and an increase of 378,399/. when compared with the corresponding period last year. ANOTHER PROJECTED RAILWAY TUN NEL BETWEEN ENGLAND AND FRANCE. (From the Mining Journal.) The construction of a tunnel for a railway beneath ;he bed of the Straits of Dover, with a view to unite the shores of England with those of France, and then with the entire European and Asiatic continents, is occupy ing much public attention, from the several projected plans which have recently been promulgated. Mr. William Austin, many years in M e s srs . P e to, Betts, and Brassey's establishment, has, since 1853, matured a plan which has been highly approved of by first-rate engineering talent. The plan proposed by him has for its object the accomplishment of a really permanent rail way and, enduring structure, extending from shore to shore, n distance of 22 miles, and connected at each end with the already constructed and future lines of rP,.ilroad. It is intended to have a triple way of three arches, oval in form, and securely locked to gether by inseparable and indestructible masonry, con structed of approved imperishable material, impervious to moisture ; and for such unavoidable leakage or collec tion of water as will occasionally occur, three efficient 1 culverts will be provided to carry it to each shore, from whence powerful lift-pumps would convey it into the sea. The fall is to be from the centre towards each shore, and it is calculated that the crown of the tunnel will have a thickness of chalk of 60 ft. between it and the ocean bed, at the deepest point, which does not ex ceed 140 ft. below the tidal level, as proved by sound ings. There will be three double lines of railway (three each way), which will be ample for ordinary good traffic and express trains. Ample space is afforded for all necessary pathways, and the telegraphic wires will be laid in the centre, on a new principle of eco nomy and ready access. The tunnel, by its length, will thoroughly ventilate itself; but shonld it prove neces sary, three or four, or even more, air-shafts can he readily constructed, the upper portions forming light houses, or refuge in case of shipwreck, and for sig nalling shipa . in the Channel. The cost is estimated at 6,000,0001., and the time for construction seven years. The whole of these works are proposed to be carried out in connection with Mr. Williani "Hutchison's patent, which we have so often noticed in our columns, for converting into an indestructible building-material river or sea sand, shingle, chalk, and other soft and com paratively worthless substances. As it is to be geolo gically assumed that the stratum to .be cut through is chalk, Mr. Austin proposes to construct his three road way -arches of large blocks of masonry, bound together in a peculiar manner (illustrated by a diagram in their description in the Mining Journal of Dec. 1), such blocks to be formed from the excavated material, carried to the indurating works (to be constructed at each end), and re-conveyed to the portion under completion, ready to be placed in situ. As these blocks would occupy the space of 40 or 50 bricks, be rapidly formed in the soft state of the material to the shape required, and quickly indurated to a degree which the chisel will scarcely touch, it is expected the work would prooeed with a rapidity hitherto unknown in the history of tunnelling, and that the time named by Mr. Austin will be ample for ists completion. Pain OF GOLD.—The quotation of gold at Paris ;Is about 5 per mills premium (according to the last tariff), which, at the English Mint price of 3/. 17s. 10id. per ounce for standard gold, gives an exchange of 25'294 ; and, the exchange at Paris on London at short bei og 25 . 32 i, it follows that gold is about 0.12 per cent. dear er in London than in Paris. By advices from Harnbu..g the price of gold is 425 per mark, which, at the Englis h Mint price of 3/. 17s. 104 d. per ounce for standard gold,, gives an exchange of 13.41 ; and, the exchange at Ham burg on London at short being 13.6/, it follows that gold is 0.87 per cent. dearer in London than in Hamburg. The course of exchange at New York on London for bills at 60 days' sight is 108.; per cent , and, the par of exchange between England and America being 109 23-40 per cent., it follows that the exchange is nomi nally LOS per cent, against England ; but, after making allowance for chargea of transport and difference of in terest, the present rate leaves no profit on the transmis- Son 91 pit/ either way Istween the two covitries. EDNESDAY EVENING-, JANUARY BO, 1856, the amount of 2,4861. s. sd. have been paid off, the number of patients relieved has been no less than 38,891. Of this number 19,209 were afflicted with malignant and contagious diseases, 1,430 sufferers from accidents, and 693 totally destitute, 636 of the latter class being discharged cured or relieved. To approximate, however, nearer to the actual results—the number relieved from the establishment of the hospital actually amounts to 521,493. Nor is this all : a new wing is being built, and a prospect of more extensive usefulness lies open to the institution. No language of our own can add force to the example or increase the satisfaction of the benevolent founder. The success of his work is his best re ward ; and those who would do him honour, and " lend unto the LORD," can hardly do so better than by contributing to the support of the mer ciful institution of which he is the acknowledged founder, and which still has the benefit of his active countenance and support. THE CONFERENCES-EXCLUSION OF PRUSSIA. We believe that we shall be completely borne out by the result when, emphatically, we declare that Prussia will not be admitted to the Confer ences ; and, whatever may be the impression at Berlin on the subject, it is not true that France has withdrawn her opposition, nor that the British Cabinet alone raise obstacles.—Mor►ling Post. PEACE ON THE CARDS. "Many a true word spoke in jest." Our fa cetious contemporary Punch shows that it may be conveyed in another manner—by means of picto rial illustration. Its cartoon for the present week, " Peace on the Cards," represents a danger of no ordinary magnitud e' against which the most stringent precautions should be taken. The Emperors of Russia and Austria are engaged, as partners at cards, Against the .Emperor of France and Queen Victoria, while the Angel of Peace—the good " Clicquor —.is a looker-on, advising his nephew in the father intricate game in which he has become involved. The Czar looks for advice- to his sympathising relative. He is manifestly doubtful as to the next move ; but there is no difficulty with the bystander, who, in answer to the interrogating look, emphatically replies, " What shall you do ? Play the knave of course !" A suggestion which the party concerned seems fully prepared to act on. The returns of circulation of the Irish and Scotch banks for the four weeks ending the 224 of Dec., 1855, when added together, give the following as the average weekly circulation of these banks during the past month, part of France, Austria, and Russia. turn to his post. HAMBURG, JAN. 28. probable. ATHENS, JAN. 23. Cash. fr. c. End of Month. 4i per Cents 95 —f. —o. 3 per Cents 69 60 69 95 New Loan 7O 70 Bank Shares 3275 Roman Credit Mobilier 1450 Austrian Belgian Fives. .... .. 95i Spanish Threes — Piedmontese (5). B7 50 Homo Debt RAILWAYS—BOB CASH. fr. c. o, Orleans Northern Lyons —.. 1195 Now Ditto 790 Hediterranean 1335 Grand Central 6OO Lyons Geneva Cette The participation of Prussia in the negotiations and in the conferences for peace is considered as nearly certain. France is said to have renounced her opposition to it, and England alone raises .IRISH AND SCOTCH BANKS. I difficulties. The belligerent Powers have agreed on noi concluding an armistice at present, but only a suspension of hostilities. Prussia has been in vited to be present at the Conferences, on the M. de Rauch, Military Plenipotentiary at St Petersburg, arrived here to-day, and will not re. Count Reventlow having proposed an address to the King of Denmark claiming a guarantee of the sacred rights of the Duchy, a strong ma jority of the Holstein Diet' adopted it. The royal commissioner, having vigorously opposed this address, immediately quitted the hall. The dissolution of the Diet is oonsidered as The brigands condemned are summarily exe. cuted. An excellent impression has been produced by the decorations sent by the Emperor Napoleon. FRANCE. PARIS, TUESDAY EVENING. The Emperor and the Empress yesterday re ceived the hereditary Prince of Reuss-Schleiz. The Prince was accompanied by the Count de Hatzfeldt, the Prussian Minister, and by M. de Rauch, the aide-camp to his Serene Highness. Their Majes ties also received the Turkish General of Division, Dervish Pacha, who was presented by the Ottoman ambassador. The Moniteur contains a notice to the families of soldiers and sailors who have died in the East, to send in their claims to the special commission without delay, the sailors' to the prefects or the maritime authorities by the 20th of February, or to the Minister of War by the Ist of March. The ( onstitutionmel considers peace as a fait accompli, and M. Granier de Cassagnac is inditing a sort of millennial ode in halting prose, in honour of that glorious epoch. BOURSE, Jan. 29.—The following were the quo tations : the 23d Dec., except in th proposed rectification of the frontier between Moldavia and Bessarabia, in exchange for points occupied by the euemy on the Russian territory. This is not the place to examine whether those proposi tione contain, better than those of the Imperial govern• meet, the conditions necessary to secure the repose of the East and, the security of Europe. It suffices to state that an accord ie etc facto established on several of the fundamental bases of peace. In presence of this accord, in presence of the wishes manifested by the whole of Europe, and in face of a coalition which tended to assume larger proportions and looking at the sacrifices which the prolongation of the war imposes on Russia, the imperial government has not thought it its duty to postpone by accessory discussions a work of conciliation, the success ~f which would satisfy its deer est wishes. It consequently gives its adhesion to the propositions transmitted Ly the Au‘trian Government as a project of preliminaries for negotiations for peace. By her energetic attitude in presence of a formidable coalition Russia has shown the sacrifices which she is ready to make in the defence of her honour and of her dignity; by this act of moderation the Imperial Govern ment gives at the same time a fresh proof of its sincere desire of terminating. the effusion of blood, of putting an end to a struggle afflicting for civilisation and humanity, and of restoring to Russia and to Europe the blessings of peace. It has right to expect that the opinion of all civilised countries will give it due credit for this mode ration." The German Journal of Frankfort states that M. de Titoff, Russian Envoy at Stuttgardt, has received orders from St. Petersburg to hold him self in readiness to leave in order to attend the Peace Conferences. Re was, it may be remembered, one of the Russian Plenipotentiaries in the Con ferences of Vienna last year. PRUSSIA. A. letter from Berlin, of the 24th, in the Hamburg Correspondent, says :—" The English Government has followed up the note which it had addressed to the French Cabinet, on the in terpretation to be given on the fifth point, by a second document on the same subject. It is in the form of a circular despatch, addressed to the English legations, in which it makes the neces sary communications on the position of England as regards the ,question of peace. England ex presses much satisfaction at the unreserved accep tance of the programme of peace by Russia ; but she will not confider the object of the war as at tained unless Russia consents to a series of other conditions which England had previously made known to the Allied Powers, and with a view to which the fifth point was reserved. These points have been already mentioned, and every ona asks whether Nicolaieff will be comprised in the for tresPes to be suppressed in the Black Sea." The "Military Society of Prussia' celebrated on the 24th at Berlin the anniversary of the birth of Frederick the Great. The King and princes of the Royal family were present, as were also M. de Humboldt, Generals de Wrangel and de Groben, the Minister of War, and other superior officers. The King's historiographer, M. Preuss,_delivered a suitable speech on the occasion. viz.:- Average circulation of the Irish banks £7,013,279 Average circulation of the Scotch banks . 4,403,763 Average circulation during past month —211,444,012 On comparing the above with the fixed issues of the several banks, as given in the Banking Almanac, the following appears to be the state of the circulation : The Irish banks are above their fixed issue £638,785 The Scotch banks are above their fixed issue 1,313,554 Total above the fixed issue .. 2,002,:339 The amounts of gold and silver held at the head offices of the several banks during the past month have been as follows : Gold and silver held by the Irish banks £2,295,901 Gold and silver held by the Scotch banks 1,944,0149 Total of gold and silver held 24,239,990 The above statements complete the returns of the cir culation in England, Scotland, and Ireland for the month ending the 22d of Dec. These returns, combined with the average circulation of the Bank of England for the same period, will give the following results of the circulation of notes in the United Kingdom, when compared with the previous month : Nov. 24, Dec. 22, Increase. Decrease. 1855. 1855. X X X Bank of England 19,583,269 18,679,169 904, X 100 Private Banks Joint-stock Banks Total in England Secotlafid 4,547,997 4,4410,763 141,234 Ireland ...... • • ----- -- -- •• --- United Kingdom .. • • 38,198,054 37,024,364 , 1,173,690 1 e circu, TURKEY IN ASIA. ERZEROUM, Jan. I.—Letters have been received from General Williams, dated Tiflis, Dec. 14. The journey from Alextndropol, he informs us, was ac• complished in five days. On the second and third day the country, mountainous and grand, was well wooded and covered with vegetation ; on the fourth and the last they travelled over a plain, the mud retarding considerably their progress. The general is enchanted with the climate of Tiflis, which he says is quite equal to that of Italy. He and his staff enjoy the most robust health, and continue to receive from the Russian authorities every mark of attention and courtesy. Orders were expected from St. Petersburg relative to their ulterior desti nation. THE PRINCIPALITIES. A letter from Gilatz, of the 12th, in the Corriere Italian°, says :—" The following is the ensemble of the propositions for the organisation of the Danubian Principalities, submitted to the Sultan's Government by Lord Stratford de Redcliffe :-1. The union of the two Principalities in a single State subjected to the suzerainte of the Sultan ; 2. Popular election of a Prince for life, with power to transmit his authority to his heirs ; 3. The elec tion to fall on a native to the exclusion of all foreigners, and especially Phanariots ; 4. An an nual tribute to be paid to the Porte, and the amount of it to be fixed after the election of the Prince ; 5. The form of government to be repre sentative, with two Chambers ; 6. Formation of a national army sufficiently strong ; 7. Turkey not to interfere in the internal affairs of the Principalities. The Porte and France, it is said, present objections to the fifth point, on the ground that it appears to them to contain the germs of internal dissensions and disturbances." RUSSIA. The following is the article in the Journal de St. Petersbourg of the 20th which announces the ac ceptance by Russia of the Austrian propositions : " Public opinion in Europe had been sensibly moved by the news that the propositions of peace concerted between the Allied Powers and Austria had been trans mitted to St. Petersburg by the Cabinet of Vienna. The Imperial Cabinet bad on its aide made a first step in the path towards conciliation, in showing, by a de spatch of the 23d Dec., published in all the foreign jour nals, the sacrifices which it was disposed to make in view of the re-establishment of peace. This double step proved, on both sides, the desire to profit by the trim() imposed on military operations' by the bad season, and to respond to the unanimens wishes manifested every where in favour of a speedy pacification. In the despatch quoted above, the Imperial Government had taken for base the four points of guarantee admitted by the Conferences of Vienna, and had proposed with respect to the third point, which had alone brought about the rupture of the Conferences, a solution which differed more in form than in reality from that which had been proposed at that period by the Allied Powers. The propositions now transmitted by the Austrian Go vernment start from the same fundamental principle, that is to to say, the neutralisation of the Black Sea by means of a direct treaty between Russia and the Porte, in order to regulate by common accord the number of ' , vessels of war which each Power having territory on the coast shall keep up for its protection. They do not ' differ from these c4nteilted in the despatch of LATEST NEWS. THE CASE OF COLONEL TURR. VIENNA, w EDNENDAY MORNING. The Emperor, as a mark of consideration for his illustrious ally, Queen Victoria, has granted a pardon to Colonel Turr. PREPARATIONS BY SWEDEN. HAMBURG, JAN. 28. The War Department in Sweden has drawn from the Treasury 1,100,000 francs, to be applied to the urgent defence of the kingdom. MARSEILLES, JAN. 29. The Borysthene has arrived with advices from Constantinople of the 21st, and from the Crimea of the 19th of January. The Eteamer Glasgow, with 'TOO troops on board, has arrived from Kamiesh. Another conference on the fourth point was held at Constantinople on the 20th. The English, French, and Austrian Ambassa dors attendel it. The acceptance by Russia of the Austrian Pro positions was known on the 19th ; it produced an immense sensation. A courier was immediately despatched to the Crimea, where, it is understood, hostilities are suspended. M. Thouvenel has received the order of Med j idie. The son of Stirbey is expected at the third Conference on the Principalities. It is stated from Erzeroum that supplies are running short, and renewed with difficulty. BERLIN, JAN. 28. AUSTRIA. A letteffrom Vienna of the 25th says :—"Baron de Bourqueney and Sir Hamilton Seymour yester day had a long conference with Count Buol. Later in the day, the Russian Ambassador also had an interview with the same Minister." A' Vienna letter of the 23d, in the Augsburg Gazette, states that, according to a despatch re ceived from Constantinople by the Turkish Embassy, the old Turkish party is overjoyed at the accep tance by Russia of the Austrian propositions. Prince Lieven, formerly a member of the Russian Cabinet, arrived at Vienna on the 25th. THE OVERLAND MAIL. INDIA. The following brief summary of political intelli Bence is extracted from the Bombay Times of Jan the 2(1 : "The Santal insurrection may be said to be sup pressed. Tranquillity prevails throughout our do minions, and we have not for some months had a single disturbance even on the Punjaub frontier. Tile kingdom of Oude is about to be sequestered, the King to be allowed 100,0001. a year, the army. to be reduced from 80,000 to 15,000 ; the entire administration of affairs to he entrusted to the Resident, General Outrain. The settlement of the Oodeypore differences' which rend ers th e po liti ca l agent supreme, has dissatisfied the chiefs. The native Princes, whose allministration is admitted to be blameless, are endeavouring to obtain some better security than they have hitherto enjoyed for the retention of their dominions. " The charges of the Indian navy are about to be increased from half to close on a million sterling annually, one-fourth the revenue of the Presidency, two-thirds the charges of our army of 60,000 men. " Lord Canning is expected at the Presid enc y on his way to Calcutta a fortnight hence ; the pre sent Governor-General retires on the Ist of March, after an administration of eight years' duration. " A fair business has been done in the import market ; money is scarce, and exchange has ad vanced." COMMERCIAL INTELLIG ENCE. THE BOMBAY MARKETS. The Overland Mail of the 26th November, per Penin sular and Oriental steamer Ganges, arrived here on the 22d of December. The tightness in our Money Market during the fort night has increased considerably, and the banks since our last report have raised their rates of interest 1 per cent, with every prospect of a further advance. Govern ment and other securities are almost unsaleable, and in consequence prices have given way materially from our previous quotations. Import Market.- —A. f,ir amount of business has been transacted during the past fortnight in cotton fabrics, but we regret to say at a further concession in price, holders seeming desirous of disposing .of their goods to avail of the very favourable rate of exchange on Lonebn, which in some mea , ure crimpcnsa'es for the decline noticed. Cotton Yarn.—The market continues very dull, and, with a pressure to sell, prices have declined for both mule and water. Dyed orange and Turkey red dull; green in moderate inquiry. EXPORTS. Coffee.—Tho supplies in the market ara scarce, big vve do not observe any change in value either of Mocha or Malabar. Pepper remains unchanged in Yalu°, and the demand is good. _ _ _ Cochineal and saffron are dull and have declined. Opium.—Until the last few days the market was very active and considerable transactions bad effect, but in telligence received via Calcutta, by electric telegraph, two days ago, of lower prices for Malwa has caused the market to become quiet, and prices have declined. The steamer of tomorrow w►ll have about 4,000 chests, and the Scindian, for Woosung direct, left yt sterday with 1,400 chesti. Freights have slightly given way. 31. 2s. to 3/. ss. to London and .Liverpool pta tun ; seeds, 3/. lOs. to 3/. 12.. 6d. Exchange on London during the fortnight *advanced considerably, and the hwiness done iise quote es 101- lows :-2.. 2d. to 2 3 .1. for China and first-class cre dits, arid 2s. 2id. to 2s. 20. for documents ; on Cal cutta, 102 r. at sight mod 901 r. at 60 days' sight ; on Madras, 1001 r. at sight and 99ir. at 30 days' eight ; and on China, 215 r. at 60 days' sight. CALCUTTA MARKETS. CALCUTTA, the issue of our last fort nightly report we have had advices from London to the 9th nit., via Bombay, the mail steamer from Suez having also been announced early yesterday morni ng . The prominent effect of the commercial accounts wai an immediate excitement in our sugar market, which had since abatid, and prices, which had advanced con siderably, have again declined fully two rupees a maund, although supplies from up the country have been quite scanty. In rice a brisk business is in progress at ad vanced prices. There is a demand fo r i n di go , th oug h not very active.. Public sales have re su lt e d sat i s f actorily as regards fine qualities. In seeds, owing to very small stooks, a limited business had b een d one at f u l l pr i ces. We regret to:have to report less favourably of the state cf our Import Market, which seems to suffer most from the increasing scarcity of money. The native dealers finding it difficult to obtain accommodation for their legitimate operations have been compelled to with draw for a time, and the sales that have been effected during the past week o r t wo cons i st ch i e fl y o f what wits immediately required to complete previous arrange menu,. The advices from the Upper Provinces, more over, are less satisfactory, owing, it is said, to the want of adequate funds, and this circumstance, combined with large supplies of British cotton goods imported here lately, has . removed all-activity, although we cannot notice any material alteration in prices of these goods. Our money market is again tighter, nor is there any appearance of relief for some time to come. The banks, as well as private capitalists in the Bazaar, are enabled to obtain their own terms, which in many instaricee are :very exorbitant, and to which necessity alone compels borrowers to submit. In consequence of this state of : affairs Government Securities have been gradually de preciating until Cr.mpany's Four per Cents. have sold at rs, 17.8, and Sioca Four per Cents. at re. 19.8 per cent. New Fives do net seem to be affected much. Freights.—Thealindanc;oit;nnage and the scarcity of supplies of some staple articles have caused a slight decline in the rates of freights to England. The en gagements during the past fortnight have been on a moderate scale, and the exi4ing rates to London are Si. for sugar ; 4/. 10s. to 41. 128. 6d, saltpetre ; 41. 17s. 6d. rice ; 5/. wheat ; 4/. 178. 6d linseed or rape seed ; 3/. 108. jute ; and Si. 58. to 51. 10s. indigo. To Liverpool about 58. per ton lower than these rates. For Australias as high as Cl. has been paid for a small vessel to sail immediately; We have not beard of any transactions for the Continent of late, with the exception of the charter of a vessel at 51.75. 6d. for Hamburg. For China a couple of thousand bales of cotton have just been en gaged at $3l per bale. The rat, sto Bombay are lower, and no more than 10r. per tou all round would be paid now. To Mauritius rice is being shipped in small quantities at Ir. 6a. to Ir. 7a. per bag. ldig43,..Very little 4aB been done by priv4te , - tract, though at the public sales pricey of fine and raid dlinz qualities have been fully maintained. Exports from the Ist of November to the 18th of De cember, 1655 :-- Cheats. Manna. To Great Britain 2;291 8,747 France 2,036 7,183 North" America Other parts 5 14 Total 4,427 16,287 CHINA. The intelligence from China is unimportant. We extract the following from the Overland Friend of China, of Dec. 15 : " At Canton there has been another extensive fire ; singularly, again on the site of the fire in 1852. There are new three large spaces in the vicinity of the factories caused by fires within the last 12 months—one in the Taiping ward, close to the city walls, another (the last) some half-a-dozen houses only in rear of the foreign factories, and nearly from end to end of them, and a third space to the west, close to the Shameem landing-place. We believe the whole of these fires have been the work of incendiaries. "Trade in Canton in old teas during the month has been brisker than it has been for some time. Of new teas but few have been brought to mar ket, and operations have been limited. "In Hong Kong there has been what Amen cans would call 'an indignation meeting,' depre catory of an attempt by Governor Bowring to take away the peculiar benefit of marine lots, by running a public parade in front of them, which parade his Excellency thinks should be made for the benefit of the public, by the holders of the marine lots, so requiring from them an outlay of an average of 1,0001. sterling pei 100 running feet. This re quisition was too modest, and, in disputation of its legality, has been rejected. One of the benefits to be derived from the construction of this parade, according to Government, would be increased faci lities for police purposes. Our police force and system, however, are so notoriously inefficient, that merchants prefer guarding their sea frontages; and even with such additional guarding they are not safe, as evidenced in an organised attack on Messrs. Wardley and Co.'s offices, a few nights ago, and successful escape of the burglars, with about 3,000 d ds. in cash, not a policeman being found for half an hour afterwards. "The failure of several Chinese shroffs at Shanghai, followed by the suspinsion. of Messrs. Aspinwall, Mackenzie, and Co., with liabilities, it is said, exceeding 150,0001., have caused something like a panic in that quarter . " Our ta►rle of lates dates is as follows :—Japan, Nov. 11th ; Pekin, Nov. 12th ; Shanghai, Dec. Bth ; Canton, Dec. 12. h." CHINA MARKETS. BXCIIINGE AND BULLION. CANTON. Dec. 12.-0,1 London, 4 104 to 4 101 ; on Bombay, 225 to 226 ; on Calcutta, 219 r. ; carolus lare, 27 per con pteMittrr. HONGKONG, Dee. 14 --Oa London, six months' sight, 4.9 k, Aight 4.8 ; Tr dis t on Bombay, 225 to .226, on Calcutta,l2.9r. per 100 dole. ; on Sydney and Melbourne, 30 days' sight, 4.7 i ; Si, , Lapore,,par. SEIANGHAT, DEC. 6.—On London, 6a. gcl. to 6e. 9td. ; on India, 310 r. to 312 r. Drafts on Canton, 28i per cent. iii cou t. MAvILLA DEO 4 —On London, six months', 4s. 7Ad.; 30 gays' a g t, 4 €ll. ; on CAnton, 4 per cent. pre- mium ; on Amoy; 6 per cent. planlium. OPIUM CANTON, Dec. 13.--Nv.v Patna, $3871 ; New Be nares, $405 ; Malwa, $540 ; Turkey, $460. 4HANGnAI, Dec. wa, 420 dols to 422 dole ; Patoki, 323 do's to 324 dole per chest. FREIGHT AND TONNAGE. CANTON.—To 1.0 don n( mo,til; 4/. for tea, SHANHAL—To lolndon, 41. for tea, and 51. for silk. To New York, 14 dole per t (la of 40 cubic feet. MANILLA.—To London, 3/. 104.; Australia, 41. To United States, nominal, 12 dole a i round. WEST INDIA AND PACIFIC MAILS. SOUTHAMPTON, WEDNESDAY MORNING. By the Royal, mail steam-ship Atrato, Captain Woolley, with the West Indian, Mexican, and Pacific mails, we have dates from Havannah and Jamiica, Jan. 10 ; Demerara and Trinidad, Jau. a• B rbadoes, Jan. 11; and St. Thomas's J a n. 1. The Atrato brings 62 passengers, 699,895 dollars in specie, 4,6001. in jewellery and precious atones, - and the usual cargo. In consequence of the boisterous state of the . weather no made or specie were received on board from Tampico. At Vera Cruz the mails were put on board by a shore boat, but no specie. All the West India Islands were reported healthy, except • Porto Rico, at which place cholera was raging fearfully. From Jamaica there is nothing of importance. Little alteration had taken place in commercial affairs. The market was inundated with bread, but there was no flour. Corn and coffee were wanted. Sugar sold at 20s. to 255., according to quality. Exchange for bills on Loudon at 60 days were quoted at 11 per cent. premium. At Demerara the Legis'ature have been actively . engaged in improving the laws for the better go vernment of the colony. The average yield of sugar has been found to be somewhat less during the past year than in 1854, and trade throughout the year was dull. The damage done to the sea defences has been partially repaired. - The exports during the fortnight were—sugar, 1,295 Mids., 86 throes, 826 barrels, 290 bags ; rum, 605 puncheons, 46 hods., 13 barrels ; mo lasses, 137 puncheons, 100 casks ; shrub, 3 casks ; cocoanuts, 11,800 ; coffee, 11 barrel. Barbados was more than usually healthy, and _ ,he sugar business wah,yery favourable. The now Governor had not arrived, but was ex- pected. He was at St. Thomas's, waiting the next windward bound steam-ship. Mexican news still reports that Republic to be in the most un ettled state, and that it appeared to be el ,sely bordering upon a dissolution. A correspondent said that ere long the new Re public, composed of the Cohahuila, Nuevo Leon, and Tamaulipas, would shortly declare itself and become separated from the Mexican territory. News from Port au Prince to the 10th of January states that the Emperor F-ustin passed the frontier of the Republic of St. Domingo on the 20th of De cember with three army corps—one in the north from the Cape, one in the south; and one from Port au Prince, commanded by himself. Ho was, how ever, repulsed everywhere, sustained heavy loss, and was obliged to make a precipitate flight. Eighty cases of ammunition were captured by the Dominicans. — ifi;; - 1 7 .11udofeat the - Emperor left for the Cape, where a revolution was threatening to upset his empire. Several Generals, fo - r retreating, were tried by court-martial, and condemned to death. Business was at a complete standstill. BEVAN v. TEE EARL OF OXFORD. In the Court of Chancery, yesterday, the Lord Chan cellor delivered the judgment of the Court in the case of Bevan v. the Earl of Oxford. Tb.e question was whether ' by virtue of the 27th of Elizabeth, or by virtue of the let and 2d of her present Majesty, certain judgment ere ditors of the late Lord Oxford bad a right to claim, on , er a voluntary settlement made by the Earl of Oxford in the year 1738. It appeared that before the passing of Ist and 2d of Victoria a settlement was made under which Lady Oxford was made tenant • for life, and the question was whether the judgment creditors of Lord Oxford had a prior claim against the settlement of Lady Oxford and her trustees. The statute of Elizabeth declared that if any person should make any conveyance of - land, after such conveyance should sell, demise, or chargetbe same lands for money or other good consideration, then the former conveya nce should be deemed to be absolutely null and ♦oid. The present judgment creditors contended that they bad a title superior to that of those who claimed under the voluntary settlement ; he con fessed, however, that he had come to the oonelueien that they had no such right. It did not seem to him that those creditors were purchasers within the meaning of the act of the 27th of Elizabeth, for it could not be said that they had purchased any portions of the lands by virtue of their judgments. In the case of Brace v. Duchess of Marlborough, the question arose whether a mere judgment creditor could convert his j u d g ment into a mortgage, and it was held that it could net be done. This principle was never questioned ex cept in the two oid cases referred to by Mr. Walker, which were very loosely reported, and which were in consistent with what had been considered the state of the law in subsequent oases. The irresistible conclusion to which the Court had arrived, from a consideration of those cases in which the law h'ad been clearly laid down was, that judgment creditors had no right as purchasers within the meaning of the statute: With regard to . the further question as to how the statute of Victoria - operated, it was provided by that act that all judgment creditors, although they had a valid lieu before the passing of that statute, bad to keep their judgments. re gistered from time to time, as otherwise they would not have a priority of charge. He did not think that any question arose under this statute, as Mr. Taylor, one the judgment creditors, had a valid lieu ander the old law, and was not assisted by the act of Victoria. With regard to the 13th of Elizabeth, there were no facts before the Court to make a case within that statute. The appeal must therefore be dismissed, and the costs must be borne by the fund ; and Lord Justice Turner, in a lengthy judgment, concurred with the Lord Chan cellor. RETURN OF WHB COURT TO LONDON.—Her Majaty, his Royal Highness Prince Albert, and the Royal obil. dren and Guite, arrived at Duchinghe i ca NWt figs fort ! noon, cabl Stat the •L day nen th e spe c Ana has easii by th e the tide bet, of t ERr ] ink aten 6 per New Long nit India bilt+ Dii Con/ic Rti bit bit Bratt bit bit Grei t ktexi( nil Ittssi DH B*rdi "Ihni nil ourk Dil N i t, Per,t, heal ] Ai slow Sa„ i „ , - .uevi 11M A: far Pert Jan, Mot A Syr' ceir I Pa Tel Is]