The Sun. — London, England, 1856-02-01 00:00:00

MONEY T 4. A ET CO.TEYEacii;:,.L INTELLIGENCE. CITY, Two o'CLocK. The Liverpool Cotton Market yesterday closed with heavy buying, and. prices of Americans were id. per lb. higher, and in some cases even 1-16 d. per lb. dearer than last week. Surats were also id. per lb. advanced, but other kinds were unchanged. The sales wore 15,000 bales, 2,000 for export,- and 3,000 on speculation, including 400 Pernam and Mai:auham, W. to 7d. ; 600 Egyptian, sd. to 7d. ; 600 Egyptians, sd. to 8d ; 2,500 Surats, 3id. to 4d., and 109 Sea Islands, 10d. to Is. Bd. per lb. The Railway Share Market was quiet, but without any particular feature. • The Colonial Produce Markets have again be come very inactive, and the prices of course of the leading staples have receded. For sugar the de inand has almost ceased, and lower rates are asked by the importers. The decline has generally _ _ amounted to 6d. and is. per cwt. Coffee has been in good request, and the market is steady ; cocoa has ruled quiet, and tea dull. Common congou is about 9id. per lb. The duty on a large quantity of this article has been paid, owin g to an idea that an increased impost will soon be levied. Rum has not met with a brisk sale, and rice has remained at about previous quotations. Saltpetre is rather cheaper, and cochineal is Id. per lb. dearer. Spices have been firm. In tallow a large speculative busi. cress has been transacted. From America the accounts report a slight im provement in the foreign dry goods market, al though the importation continued heavy. The banks, having confidence in the position of affairs, had been discounting more freely and upon easier terms. This had not only buoyed up the prices of the speculative securities, but had also produced more confidence among the mercantile community. Intelligence from Switzerland mentions that the subject of railway communication through the Cantons of Vaud and Friburg is engaging the at tention of the Federal Government. t a session of the Assembly held at Born the council agreed to the construction of a line So the Bernese frontier by Way of Thorishaus and to the frontier of Vaudoise by way of Payerue. The total length of the line will be 46 kilo's., and - the cost of construction 9 million francs. Of this sum the city of Friburg is to fulnish 2 millions. This railway will be in con nection with the Western Swiss Railway Company, Whose line reaches the Bernese frontier from Ge neva ; and whose capital was furnished by the Credit Mobilier Society of Paris. The fall in flour at Paris continues from day to ( lay ; and the supplies arriving in the market ex ceed the demand. The diminution in price upon all sorts has averaged from 3 to 4 francs per sack of 1 57 hectolitres, during the-last eight days. Choice qualities are now quoted at 99f. and 100 f. per sack, 41 1 d the four inferiorkinds from 92f. The factors de clared a sale of 293 casks, at the average of97f. 88c. per sack. The fall in wheat is in proportion, best kinds selling at 59f. 5Uc. per hectolitre and a half, and inferior from 47f., being a further decline of 2f. Rye has receded as much ; first quality is quoted Itt 35f., and second at 34f. Oats is down if. for best sorts, and if. 50c. for common, the prices 4 hging from 23f. to 2'71. The opinions of " Investigator" relative to the Present position and future prospects of the Great western Railway Company have been published in the form of a pamphlet, and although the state fents made are of ex parte character, still a arge amount of information is given that may Prove of much importance to the shareholders • usrally. There has been rather a depressed market for - ceglish Securities, and at one time the prices w ere luny per cent. lower than yesterday, but there has since been a slight recovery. The realisation °I pinata by the speculators exercises an unfavour thle influence, but the quotations ar e most . affected the increased stringency of the money market. 'etisols opened at 90# g for money, then declined to 11, and they are now 93i 4. The account prices have been as low as .901 4, but they have rallied a gain to 901 I. For. March there have been deal- Ir ts at about 91 and 9.1 i. The New 3 per Cents. t'e 91a 1., and the Reduced 901 to 91. ExchequerVals, owing to the money pressure, have dropped .`,° 125., and 9s. discount. Bank Stock has risen Per cent., being 212 to 213. Foreign Stocks are very d u ll, and r a th er h eav y. ~ 4- he dividend upon the Turkish 4 per Cent s . i s 'OW payable, and business has been done at 1001 div. The 6 per Cents. are per Cent. lower, I „ . ".eitig 94 -Jr. Sardinian have been rather firmer, ,„, I z.) 90. Spanish Deferred are 23k, Peruvian 4i per Cents. 80, and the 3 per Cents. 56. Chilian 6 f ) i !r Cents. are 1024. French 3 per Cents. are 91.50, exchange being 25.25. 4 , ‘ The foll ow i ng are th e nom i na l pr i ces o f F ore i gn S teaks:—Grenada D e f erre d B on d s , 6/ 74 ; M ex i can ;-Bertsvitua r 80 82 ; ditto 3 per Clantat.,-:66-4514 . ortuguese 4 per Cents., 47 49 ; Russian 5 per Cents., 103 106 ; ditto 4i per Cents., 92 94 ; Spanish , ~Per Cent s ., 431 ; ditto Deferred, 231 1 4 ; ditto C ertificates 6 4 ; ditto Passive, 4 si. Messrs. L. Bell, Son, and Co. report that during t he past week there has • been less activity in the market for American Securities, but prices have l'eniained without alteration : STATE SECURITIES. Uedeemable. Per Cent. ... 73 75 1877._ 81 83 P ennsylvania per Cent. Stoet -rennsylvania 5 per Cent. Bond s. RAILROAD BONDS. Illinois Central 7 per Cent. Ist Mortgage, „not Convertible 1875... 78 80 411 inois Central 7 per Cent. Freeland Bonds 1860... 83 85 The Railway Market is remarkably steady, and L° Borne cases an advance is noticeable. Son.th ,western have improved 1/. to 21., and North „riestern 55., bat Great Northern are heavy. The French shares are firmer. tanking and miscellaneous shares are dull. BRITISH FUNDS THIS DAY AT ONE O'CLOCK. (From the Official - arv , inP , done. Dank Stock 6 per ueut. Reil7,lced .6.nnuitist4 .... 3 Per Cent. Consols Ann.uities OO i $ 1 i New 3 tier Cent. Annuities • 91 $ 4 i ,Per Cent. Annuities ll3 '" ),, g Annuities, expire sth Jan. 1860 — Ditto 30 Years, expire sth April, 1865 l6i °dia. Bonds, £1 ;0 ..... . ._ r . Ditto, under £lOlO 7 'Onsols for Account Exchequer Rills, d. £lOOO. ... - 9 12 6 10 a X5OO 6 Small -• PRICE OF FOTtEIGN FUNDS AT ONE O'CLIT K. Chilian Bonds, 6 per Cent lo2i Peruvian Bonds, 44 per Cent. Ditto Account BO Ditto 3 per Cent — Ditto Account 56 Sardinian Bon4s, 5 per Cont. Ditto Account *pinish Beads, 3 per Cent Ditto Few Deferred, 3 per Cent. Ditto Account Iluo , ii,ll Bonds, 6 per cent — Ditto Account Ditto Guaranteed, 4 per Cent. Ditto Account l.OOl X a Dividends on the abox, p5.7%:11e b London. ?tench Routes, 41 Der Cent. Ditto 3 per Cent,. 1 TIO O'CLOCK. C - in golg, 7th hat... 9C4 i Ditto for Account Plarch) OIA i LOA9DON AND SOUTH-WESTERN RAILWAY: TO THE EDITOR OF TH9 SUN. SIR,—I am instructed to inform you that the Direc tors of this company have resolved to recommend to the proprietors at the general meeting on the 14th February text, that the dividend for the half year ending 31st ecom be r, 1855, be at the rate of Si.l2s. 61 per cent. Per annum on the capital, making with the previous dividend, 51. per cent. for the year.—l am, Fir, your Obedient servant, L. CRONIBIE, Secretary. Secretary's Office, Waterloq-hridge Station, Jan. 31, 1856. ,` IRE MURDEROUS ASSAULT AND ATTEMPTED ROBBERY AT A BULLION OFFlCE.—Liverpool, Jan. 31.—The culprits Robert and Henry Eyre, who were brought up last Thursday, and remanded, on the charge of baying assaulted and dangerously wounded William Hughes, in an attempt to rob the bullion office in South Castle etrcet, were again brought before the magistrates this day. Mr. Hughes was so far recovered qs to be able to attend and give evidence; but no new facts of any con- Sequence were elicited. The prisoners were committed for trial. A. Goon STORT.—" A hear and its leader," says the eourrier de Lyons, " lately arrived towards night at a pillage near this city, and the latter sought admission into the only public-house of the place. The host at first declined to admit the strange pair, not knowing 'where to place the animal, but finally he convented to receive them. The bear was placed in a pigsty, and its occupant, a fat pig, which was to be killed on the inor l'ow, was let loose in the court-yard. In the middle of the night cries of help proceeding from the pigsty 4 "oused the house, and the host, his wife, and the Eer -17-Ints at once ran to the spot. It was then hscertained that a thief excited by the splendid condition of the pig, / td determined on eloping with it, and had entered the Pigsty with that laudable intention. The bear die- Pleased at being suddenly awakened by this enter. Prising individual, rewarded bins with a fraternal hug, lci c:ussed the would-bo thief to cry out so lustily. The man was delivered from the paws of the hear, but " 1 Y to be handed over into the hands of justice," SHARE MARKETS. (THIS DAY.) RAILWAYS. RAILWAYS. Closing Prices ye3t4z.lay 25 27 4 - 41 71 - 84 I6' 13 - 9 81 - Rfi 534 - 5Ci - • Ili "J 36 4 -- 2 6i - 7i 13 - 14 - 9? 26 - 19 - 21 7t - 74 52 - 51 91 - 24 - 26 d;•• 80 - 81 6i - 7 92 - 93 76 - 78 1124 - 126 104 - 106 57i E 4 E 6 73 -, 7.4 81i - 81 Gi 97 99 49; —92 i par, / 89i —-- 90 ; ) 6 5 5 4 j 5 - 25 6' , 11 - 69] 40 - 42 •N •♦ .ra ... • 10 - 11 46 - 47 303 - 734 -74 i 7 old 4i 3f )4# 48t 49. - 7jr: .... • •• 22 - 24 te4 166 74 76 44 96 12 - 13 61. 62 63 70 5 2d pa: 34 - 19 -- 20 3i -- ,4- ... - .. 4-- 6 ther, ,strailiz..Nettug. Boot and Motu. Junct,.. 13,!ir:v;t to `.-lidyial.lan Sinning. Virolverh Stour - ?irire ihd. Laucel— fr:nledhire Jtract ...... (i; Birk. zro e:?,3 Do., ........ , {tyth Tyr; oril.riu, £25 (isscl. at .CIS Bristol and Motor Carm. and Cartligza ribes+or 4s Holylivs• - i. !orll arta Bandon , I)r}r, Back, tic Paso Do. A Do. B 'rio 7 Junction b ':n4Bel.fast,.Trn Dun. Jnc. Est Avglian Plastery Oonntien.. TaZt. Union, A. StL Do., B. Stovcr Do., New A. East Kent , 17a,st I.lneashirck. Ellin? urzb 019zann Fdilib. and Peebles din.Prth &Dnr.4 ,,, & Clyde Jun ;. Furnoss liattgOW &S. VieSt • Great N. of Scotlnd Treat Northern... . 'Do., A. Stock... Do., B. Stock... •It.!;)" . th..k,Wort.flre..) 3reat Western Do. Stour Vat, Ra Gna. Stk Erisit 9onth- 1 11%Elerr, , :i.ricaFtter he Do., Thirds Do. Now Thirds., Lincahh.andYorkeli. D;... Wet. Riding lin. Ltv.brsby.&Sontlipt London & Mac:km.3 r.ond. Bright & q.Csi bond. and N. Westa )4. riftho Do. Eighths ILondon' andS. Wettn Do., £5O Do., XlO r.r.liniirrytt Col crab, lanitadar7. & Ennt.,4 W..ane.h.thiaf. it. Unci )0., Man. & Lin. Ur Metropolitan Midland .i)o. Birrang.StDerb NMI ld, G. Welt. (Ire. 90. Half Shares • sT , ,wet4.stl e Carl igl Nwpt.Aberg. Newry Hcowry Warrenpoin Rmarevor Norfolk 'brorthu.Conntlos iiu worth British.,.., %Tth D•iron Rai'. & Dock Stock ..... 'u,, A Stock )0., B Stock !Do. - A Guarantoo , N. Pastern—Borvri Do. do. Extousion Do.do. G.N.E. ?iirnli Do. Lou rs Do. York.. North London .. Ni.4tS.Wstrn..fiarrii stead, and City in. North Staffordshire.. ' , l - orth Western & S. Wostrn. June :innoaton, Hinckley Ind Leicester....... )2r, Wore.. k I .Volv r'ortgraottth ottieh Ce atral Scottish/Lidland:: ihropshiro UT i 111 South Devon ~ ioath Eastern_ %lea ._ Riv. Du. ttl.rves,TV , :. &WOE Stockton & Datil itelktort Pail' Vale Do. Pref., No. 1 r' ,, -nefa hay. D.& R. Ulverstone & Lanes Vale of Neath Watorfd. & Klikenn: Waterford&Limericl West Cornwall West End of London' and Crystal rabies Do. A Do .B West London Wimbledn&Oroydor itOlt IGN . k win!. 'Do. 5 p.c. Ohlgs. con. in Sh At par till '6.1 Xrde: d nes En.stn. Jun, 'l3zi ers to Graige,:etaa W'inbay, Baroda, an. (lantr\llnclia.Scri Do, t)crnerarn, ')etch Rhenish Astern of Franco Do. New met India; g. 5 p. G De. F. 7 011.. p.c.Bnds.,'s7 Do. do. do.. `mi, Goe'ong Mclbow no, guar. 5 For c ut. Do., Lon. allot., do. Irk of Canad,-...11, 1 9. Cert. of 1) , 25en. eon. into Stk. Do. Comp. 6 p. e., do Gt. Celitral of Fran Gt. Indian Poninsmbi Great Luxprnbocr, Constitated Share , Do. Obligations... Do. re-is. Coate, Sh. I Gt. Western of Canv's ?baron 1 _ Do. New Do. ads., payable's7, with option till '55.. no. du., '62, p.'56 no. do., '76, p. '6O Do. do., '73, wiLhouti option itairdlton & Tennt, 'Do. 6 pi;r cent. Co t.. Lierre and Turnhout' Lucca Pist. sp.c. p Lyons mud Lyon r fa vi*Ldr- guar 4 • p.e r A NT ! Po. 4i p. c. Exton Pittaria Antonin do. New !.Tairiur 4 Liege (-7iti int nrost) . Do. ort,lle - t-n of Franc' Do.2 ,l Z.Sl,,s Do. 201. 3 p. o IldF (finy.B.cisL tiS.She. Nor ivegi.huTrunkPre PUN awl Ditto Bonds P. And Orloans... Rome and Frascati. ctoyal I)auisli ...... Royal Swedish Do. Obligations Sambre and Mousc.,.., 00. 5 p. cent. Prat% 7-ichid-, guar. 5 p. c Do lioutbern of France 3t. A nirew's and Quebec (A) , ATont Flanders 5A por c. Prof._ &N. W, or Francs We - t• of Switzerland 1 S 't 1 1 IWiesbaden Zealand ii - 8 par 2 p 4 - 11 3j - 2i• 3 —2( i - 1P B 6 1 - 371 10 -12 21/ - 22.1 10 - 9 15 - 16 61 6S 83 - 88 - 20A - 20:1 4 - 5h 3 - -44,1 25 i --96 3 - 3ii 99 - 101 120 - /25 120 125 106 - 109 24 4 117 - 122 pm - Bi, 19 1.9 A d 7• 2 3 5i - 6 - 6A - 3 7 ►2 + - 121 7 - S 47i , .184 47 - 49 19 - 20 2 - 21 2 - 2• 91 - 1 - I.p •" -- pz. 3} - 4 31 -- 32 isi 7 i.'6 JOINT-STOCK 8.1.NKE4 0 I -11 Anstrilaxift . 92 94 1001 50 Bank of London 63 —65 611 40 41 COI. !iiic Sz; 50 all v tiff N. hanerica/, 25 5 .hart 1. Bank of ckai;‘ par p 20 4 ;hrtd. Ba.. of India, ..I.nstra.lia, 100 50 'Say .. 67 -. 69 100 25 '.i;olon;a1 •. 100 20 Commorcial of Lond •... 20 nil guq.Seot.,ScAr.P.Cht , 171 18 20 j all Gond. Chart. Bk. ol Australis 20 5 Ditto No* ............ 50 ,20 'f^endon and county. ... 1001 50 Lna. &E. Bak g. Corp. par 2p 50 10 London Joio t Stock. 100 20 IT,oud. & Wegttuinste- 100 35 National Pro.of Eng 20 10 Do. New . 50 22A National of Ireland 37 -- 20 all INew South Walea...., 4) 41 25 all (Oriental Bank of Corporation 4O 41 100 25 provincial of Ireland 10 Now 5 1 'Royal Amstraln•Bkg Fz (lola imp Co.,, ~ 100 51 Royal British 25 all So 47 - ,11 A utitralla 39 41 25 all Union or Anntralia.. 70 - 71. '7 , A Do. Now ..... 7 50 10 Union o LOOM „., 28 .71 3 ....... ;di Loastm). Company London & N. Vie-t. Calotion E. Un. E. C GL.Nrtnn EL Count C3ldonia.n Busincs's done this aay. Reo:1 Yk. New. & Berw. Y.&NM Do., Do . Easter r Pet° Sz igerfrAk Do L.& N. W itekton airline,. iidlanii.., En. Conn. I V.% Count Do Do & g.ift" Do IGt North . * lancash Vorksh. T. Brassey M. MC lean St.ockt. Darlingt D 0.,„ ;11AV 'estn LINES L. EABED ‘,T, FIXED KENTA Ciofftriß rile.' yester 'sty . 93 - 95 94 - 98 I . a I°s IC4 - 106 13 23§ - 246 110 - 115 - 31 - P - iP 55 - 67 d 132 - 13 74 - R 3 - 31 - 32 83 - 85 too too 1100 130 106 too 100 all all 100 21 100 1 all all I 20 20 10 10 20 2) 50 2) 5 5 20 10 20 10 18 10 4 ?.0 25 I 1 14 1.11 .:. 7 ~,.:,.,., w. r _~: 'l, • • ~: ~;- ~ ~. . ~y ~ ~,. "" 'I THE SUN, LONDON. FRIDAY EVENING, FEBRUARY 1, 1856 Riasmaro; Bedford and Blot:11)10y Buckgharish Clydesdale .I . c gol.Stour Vy Sud. and Hal E. Mu. tr. f no E. Un. H. Sh Was. Barr. & Neilei. lArect Do. Now Glstr.4 Dn. ler Hrtlpl.• Dk.. Railway Hull Bolby Do. Share. Do. Shares. Lon.& Green Do. Prete:en2,e Lon., Til., & S. Lowestoft, gr. per cent. Do. 3 por Bxtn. and Matlr.ck bliddlesbro' Redear. . llidid.Bradfd Nowitiark«A Bury E. G.spc N.& Est.s p.c. ' Do. 6 per et. ' Do. Fixecls p c Prost. k. Do. A tihr.y. A Roys - tu.k Shef.Roth.and Goole g. 5 p. e. Shrews. &Her S. Staifordsh Wear Valloyg r 6 por Do ' , Viit3&:!ornrst PREFEREN IMPERIAL PARLIAM ENT. OPE-T.-TING OF THE SESSION. HOUSE OF .LORDS-(YESTERDAY). rho fourth session of the present Parliament Was opened to-lay by her Majesty in person. The ceremo nial by which the great legislative body of the nation is called teto active exi,tenco is one which at all times and under all circumstances constitutes a significant and int posiag pig ;ant. To-day, however, the interest., which upon similar occasions usually animates the public mind, was in consequence of the great question of peace or war, at this moment in the balance, considerably in creased. The people of England anxiously awaited, from the lips of their Sovereign, the assurance that the mighty contest which but a brief period since had aroused them from the tranquil repose of 40 years, was about in all probability to terminate in a peace flatter ing to the nation's feelings, and honourable to her arms. When 1 ist her Majesty met her Parliament in that mag nificent chamber, which is consecrated to the labours of the moo . , illustrious deliberativ e assembly in the world, the - s• al of the country was saddened by the dark his tory of a gallant army suffering in consequence of offi cial mi,menegernent, unparalleled privations, and by tte sliadowy horrors of a protracted war which the future unfolded. To-day another and a bright e r prospect was presented to Vie view. Great successes had within the last year been achieved, and they whose valour had achieved them were passing- in comparative comfort the period of inevitable cessation from strife. Peace, too, no longer glimmered in the far distance, but seemed close at hand as the rich reward of a just war, rendered illustrious by noble deeds. It can, then, be no matter for surprise that the Royal Speech, which, it was expected, would confirm the tidings of peace which but a few days before had gladdened the country, should he looked forward to with more than ordinary interest, and that that interest should find expression in the immense crowd which as sembled along the entire route from Buckingham Palace to the Houses of Parliament to greet her Majesty as she proceeded upon her way. Every available spot, at all events from which a glimpse of the Royal cortege could be oletained, rim occupied long before the hour at which it had been fixed that the Royal party should start for Westminster. A. day dry, but somewhat cold and som bre, while it enabled the assembled crowd to witness the procession without inconvenience, contributed but little to its splendour. The Queen was loudly cheered as the procession moved along. Whi!e such was the scene without the House of Lords, that within its walls was one of imposing brilliancy. As early as half-past twelve o'clock a large number of the female members of the aristocracy had arrived, and oc cupied the back benches upon both the ministerial and opposition sides of the house. At one o'clock their numbers bad so far increased as to leave no seats avail able, save a single bench in the front row on each eide, and the small spaCe ordinarily appropriated to the bishops, the judges, and the diplomatic corps. The galleries also were oceupie I by members of the fair sex, and if their presence tended to the inconvenience of more than one peer, by temporarily excluding him fr sm a seat, it must be admitted that it lent a grace to the scere, which in their absence it would be impossible to attaic. Shortly before half-past one o'clock, the Haytian Minister arriveil, arid immediately afterwards the Por tuguese, the Brazilian, the Belgian, and Sardinian Min isters entered the house, and took their positions on the seats immediately behind the episcopal benches. It was not until a quarter before two that the French, Aug trian, and Turkish Ambassadors joined their diplomatic brethren. Mr. Buchanan, the American Minister, also formed one of the diplomatic circle, and being dressed in plain clothes presented a somewhat striking contrast to his colleagues, whose breasts glittered with stars and decorations. Baron Alderson and Justices Coleridge and Crompton were the first judges who arrived. Subsequently we noticed the Chief Justice of the Common Pleas, the Chief Baron, Justices Erle, Winos, and Wightnaan, to gether with Barons , Bramwell and Martin, among the occupants of the judicial bench. On the episcopal bench were the Archbishop of Can terbury, the Bishop of Oxford, the Bishop of St. David's, and the Bishop of Exeter; The Duke of Cambridge, accompanied by his aide-de camp, Colonel M'Donald, arrived shortly before two o'clock, and at that hour there were present in the house, besides those we have alreadymentioned, the Lord Chan cellor, Lord Panwure, the Earl of Clarendon, the Duke of Argyll, the Earl of Harrowhy, Lord Stanley of Alderley, Lord Wodehouse, the• Duke of Newcastle, Lord Lansdowne, Lord Campbell, Lord Clanricarde, Lord Elgin, and Lord Overstone. On the opposition aide was Lord St. Leonardo, the Marquis of Bath, the Earl of Donoughmore, the Earl of Cardigan, and Lord Ward. The Earl of Derby and the other leading members of the opposition were not in the house. At no period of the ceremonial were there more than 50 peers in at tendance. Precisely at a quarter-past two o'clock the appear ance of the heralds and men at arms, accompanied by a long train of officers connected with the Royal house hold, announced that the Queen was at hand ; and pre sently her Majesty, leaning on Prince Albert, and at tended by the Duchess of Sutherland, as Mistress of the Robes, by the Duchess of Wellington, as one of the Ladies in Waiting, and by E. everal of the Ministers and great officers, entered and took her seat upon the Throne. The whole of the brilliant assembly stood up to receive her, and few sights of rarer or more imposing splendour than that vrliich then met the eye were ever witnessed in &single chamber. "Tim bright colour/1 of the ladies' dresses, reflecting all the varied hues of the rainbow ; the scarlet robes of the peers ; the gorgeous fittings of the house itself ; the attire of the members of the diplo matic body, resplendent with stars and orders—all con stituted a picture of that mingled brilliancy and beauty on which the fancy loves to linger. Female grace and female loveliness, too, were not wanting to lend their influence to the scene, and to give completeness to its attraction. Prince Albert took up his position on the left hand of the Queen, as did also Earl Granville, bearing the sword of state. On her Majesty's right hand were the Duchess of Sutherland and the Duchess of Wellington ; the Lord Chancellor, with the great seal ; the Marquis of Lans downe, bearing the crown ; and the Marquis of Win chester, the cap of maintenance. The Queen having signified her desire that the as sembled lords and ladies should resume their seats, or dered the Commons to be summoned to the bar of the Upper House; and, after the lapse of a few seconds, the Speaker, accompanied by Lord Palmerston, Mr. Hay ter, Mr. Horstnan, S. B. Hall, Mr. Napier, Mr. White side, Mr. Bentinek, and several other members of the Lower House, were ushered, in somewhat tumultuous order, into their Sovereign's presence. The Lord Chancellor then, on bended knee, handed the paper containing the Royal.speech. Her MAJESTY, in a clear and distinct voiee, pro ceeded to read the speech, which was as follows : "My Lords and Gentlemen, " Since the close of the last session of Parliament the arms of the Allies have achieved a signal and important success. Sebastopol, the great stronghold of Russia in the Black Sea, has yielded to the persevering constancy and to the daring bravery of the allied forces. The na val and military preparations for the ensuing year have necessarily occupied my serious attention ; but while determined to omit no effort which could give vigour to the operations of the war, I have deemed it my duty not to decline any overtures which might reasonably afford a prospect of a safe and honourable peace. Ac cordingly, when the Emperor of Austria lately offered to myself and my august Ally the Emperor of the French, to employ his good offices with the Emperor of Russia, with a view to endeavour to bring about an amicable adjustment of the matters at issue between the con tending Powers. I consented, in concert with my Allies, to accept the offer thus made, and I have the satisfac tion to inform you that certain conditions have been p.m which I hope may prove the foundation of " Negotiations for such a treaty will shortly be opened at Paris. a ag g r e e n ed era u l treaty of Pace. "In conducting those negotiations I shall be careful not to lose sight of the objects for which the war was undertaken ; and I shall deem it right in no degree to relaa my naval and military preparations until a satis factory treaty of peace ehall have been concluded. r " Although the war in whi ili lam engaged was brought on by events in the South of Europe, my atten tion has net been withdrawn from the state of thingi in l'ilhe Noith, and, in conjunction with the Emperor of the French, I have concluded with the King of Sweden and Norway a treaty containing defensive engagements ap plicable to his dominions, and tending to the preserva tion of the balance of power in that part of Europe. " I have also concluded a treaty of friendship, com merce, and navigation with the Republic of Chili. I 1 have given directions that these treaties shall be laid before you. "Gentlemen of the House of Commons, "The estimates for the ensuing year will be laid be fore you. You will find them framed in such a manner as to provide for the exigencies of war, if peace should unfortunately not be concluded. " My Lords and Gentle:nen, "It is gratifying to me to observe that, notwithstand ing the pressure of the war, and the burthens and sacri fices which it has unavoidably imposed upon my people, the resources of my empire remain unimpaired. I rely with confidence on the manly spirit and enlightened patriotism of my loyal subjects for a continuance of that support which they have so nobly afforded me ; and they may be assured that I shall not call upon them for ex. ertions beyand what may be required by a due regard for the great interests, the honour, and the dignity of the empire. "There are many subjects connected with internal improvement which I recommend to your attentive consideration. " The difference which exists in several important particulars between the commercial laws of Scotland and those of the other parts of the United Kingdom, has occasioned inconvenience to a large portion of my subjects engaged in trade. Measures will be proposed to you for remedying this evil. " Measures will also be proposed to you for improving the laws relating to partnership, by simplifying those laws, and thus rendering more ea , y the employment of capital in commerce. "The system under which merchant shipping is liable to pay local dues and passing tolls has been the subject of much complaint. Measures will be proposed to you for affording relief in regard to those matters. " Other important measures for improving the law in Great Britain and Ireland will be proposed to you, which will, I doubt not, receive your attentt; e consideration. "Upon these and all other matters upon which you may deliberate, I fervently pray that the blessing cf Divine Providence may favour your councils, and guide qmar ass this day. them to the promotion of the great object of my un varying solicitude, the welfare and the happiness of my people." At the conclusion of the Speech, her Maja-ty with drew, and returned to Buckingbeen Palace, the proces sion being formed in the same order as had been ob served on her route to the Houses of Parliament. The pears adjourned during Pleasure,, and did not re assemble until live o'clock. . THE QUEEN'S SPEECH—THE ADDRESS. At that hour Lord Paninure, the Duke of Argyll, and the Earl of Harrowby were the only ministers present. 0 c the opposition benches we observed Lord Derby, the Earl of Malmesbury, the E tr., of Eglinton, and other le iding members of the Con serva ti ve par ty. The LORD CHANCELLOR, at twenty minutes past fi re , p a ne° e I to r:ai the Queen's Speech to their lord shins, and when he had concluded. The Earl of GOSFORD, attired in military uniform, then rose to move the Address in reply te the Royal Speech, and said he felt deeply the importance of asking fir the indulgence which was usually accorded to those who stood in the position he at that 'eminent oc copied. A short time ego it would not have been diffi cult for him to induce their lordship to proceed with the most veoesrons prosecution of the war. He could say that he never had entertained the slightest doubt as to the justness of the war. With a ocied desire to see that war properly carried on he felt hirnsel f now bound to say somewhat reluctantly transform ed into an advec ite of peace. He admitted that peace was not essential or' necessary to our interests. The war, in his opinion, was scarcely continued long enough to develops our resources. We were now oniy beeineing to shake off the rest and stiffness of forty years of peace. (Hear, hear.) Our immense resources were only just beg inning to tell. Ho felt, however, that we were root at ' liberty to refuse the p oace ful overtures coming from such a quarter as that of our great enemy. The objects of the war were clear and simple; and if, without entering upon another cam paign, we could safely, substantially, and, humanly speaking, with some chance of permanence, attain those objects, our duty became clear. All other considera tions must give way, and we should be bound at once to give our best endeavours to the attainment of such im pertant results. He, however, insisted that those terms ' of peace must be not only satisfactory to ourselves, bit that they should be so expressed as to leave no room tSr evasion on the part of our great antagonist. The noble lord then proceeded te re fer to the great achievements in the E Ist, and to the capture of Sebastopol. He thought it was impossible to exa g gerate the importance of the recent treaty with SSweden. He trusted that when the negotiations com menced they would result in a satisfactory and honour. able peace. The noble lord, after thanking the house for thou° attention, concluded by moving an humble Ad dress be presented to her Majesty, in answer to her most gracious Speech. The noble lord then read the Address which was, as usual, merely an echo of the royal Speech. The Earl of ABINGDON, in rising to second the address, said he felt deeply his inadequacy for the duty be had to perform. On the success of the negotiations fears, it was said, existed that terms, inconsistent with the honour and dignity of this country, would be accepted, but in those fears be could not concur. Her Majesty's Government, he felt sure, would never accept any terms derogatory to her Majesty's arms—(hear, hear)—for, by pursuing such a course, they would forfeit the confi dence of both Houses of Parliament. He thought the greatest confidence should be placed in the negotia tions about to be opened, especially as the conduct of them would be committed to the noble earl who bad so long and so ably administered the foreign affairs of this great country. (Hear, and cheers.) The Earl of DERBY.—My lords, the noble earl who has just sat down concluded the observations which he offered to the house by expressing his hope that on this occasion, under circumstances so important and so critical, there would be no false encouragement given to the enemy of this country by any idea that the ties of party can by possibility prevail over that unanimity which I concur with him to be essential at this time ; and I can assure the noble earl that on my part, and on the part of those of my friends with whom I have the honour and satisfaction to apt, there is no desire in our vote this evening to inter fere with that unanimity to which he has referred, or to prevent the answer to the Speech from the Crown from being carried by the unanimous sanction of your lordships. (Hear.) My lords, I go along with the Address in an swer to that which, in constitutional phrase, I must call her Majesty's most gracious Speech; but, having said so, I must be permitted to deal with that Speech as it is, and not as it is not—(a laugh)—to deal with it as the speech of the Ministers, and not as the Speech of our gracious Sovereign ; and I do so because I feel that in my com ments on that Speech I may make use of some expressions and apply some terms that would hardly be complimen tary or even fitting if they were addressed to the Sovereign. (Hear, hear.) We aro not accustomed to look in docu ments of this kind for ornaments of style, or for any great elegance of diction or language ; and long experience has induced us to be perfectly satisfied with the plain and in telligible English of the First Minister of the Crown in conveying his intentions to the house. (Hear, hear.) But I must venture to say that of all the documents of this kind that ever came under my observation I never met with one that could so little pretend to the graces of dic tion, or even to the intelligible conveyance of information to the house. (Laughter.) Of course, lam ignorant by whom the paragraphs relating to the wtr may have been framed ; but, if they were the suggestion of my noble friend opposite, to whose department they principally be • long, it roust have been at the close of one of those exhaust ing Attacks to which he is as I nut unfortunately subject —(a laugh)—or under the influence not more exhilarat ing of that meagre diet which is their necasssary accom paniment. (A. laugh.) The Speech is redolent of water gruel. (Great laughter.) It reminds me of nothing more than those documents which in our early school days we were accustomed to prepare and which went by the name of "themes," in the composition of which the object was to accomplish the allotted task, and fill up the six-and thirty lines of writing, taking special care not to exceed the allotted limit, but within that limit to dilute with the largest possible amount of feeble and unmeaning language the smallest modicum of sense. (Laughter.) We are not accustomed to see, neither do we desire that the Speech from the. Throne should imitate the long windelness and diffusiveness of our Transatlantic brethren. (Hear.) Ido not desire—far from it—that the Queen's Speech should be a copy of the President's Message; but we certainly have been accustomed on former occasions to see, though not at so great length, yet the main interests and the main sub jects of the day connected with the wellbeing of the coun try, glanced at and treated of in the Speech from the Throne —(hear, hear)—some notice taken of our foreign relations —some mention made of the internal affairs of the country, of its commerce and its finance—some indications that we have such a thing as an empire in India, and some commu nication as to the condition and prospects of that empire. (Hear.) We have also been occasionally reminded in the Speech from the Throne that we have colonial possessions, and that the people of this country are not altogether in different as to what becomes of those possessions. (Hear, hear.) I do not say that her Majesty's Government should give us a broad resume of all that has been done and all that they are about to do, but that the great and leading features appertaining to the administration of this great empire ought to be brought, to a certain extent, under the review of Parliemeut in the Speech from the Throne, and that some indications at least should he given of the principle measures which it is intended by the Go vernment to submit for the consideration of Parliament. (Hear, hear.) Now, in the Speech this day delivered from the Throne we commence with a paragraph so bare, so bald, so meagre, that I am at once warranted in drawing that distinction which I have already done be tween the Speech of the Sovereign and the speech of the Minister. We have a bare announcement in the first para graph that, "since the close of the session of Parliament. the arms of the allies have achieved a signal and important success —that Sebastopol, the stronghold of Russia in the Black Sea, has yielded to the persevering constancy and and to the daring bravery of the allied forces." One of the noble lords who either moved or seconded the address has spoken of the glowing encomiums which were passed by her Majesty's Government en the gallantry and bravery of the troops, but all I can say is, that never was praise so faint for achievements so great, and never was a reception so ungracious given to heroic endurance, to unparalleled bravery, and to sufferings all but unparalleled, or to exer tions that have achieved results which it was almost im possible to hope any amount of gallantry or endurance could have r.ccomplished. (Cheers.) I remember seeing it related of an officer that, in reporting to his imme diate superior the result of a great victory, he couched his despatli in these short and emphatic terms :—" Sir, — Her Majesty's squadron under my command have burnt, sunk, and captured the enemy's ships as per margin." (A laugh.) This was a moat modest and emphatic way of re citing the result of a great action ; but that commander was speaking of his own deeds, not of the achievements of others. He was only claiming for himself that "need of praise which the energy and gallantry of himself and of his comrades deserved. The present, however, is au oc casion on which the Sovereign, in the presence of her assembled Parliament, ought to perform—and would have performed, had she been left to the promptings of her own ,heart—the pleasing task of declaring her gratitude —her unbounded gratitude for the exertions, and her sympathy with the sufferings of those brave men to whom this country is indebted for the success which has been achieved. My lords, who has not watched with admiration the personal course which her Majesty has pursued—the wares, kindly, and womanly sympathy she has shown for the sufferings of the wounded soldiers ? Who that has beheld her decorating the survivors ; with her own hand, with those marks of honour which acquire a double value from being thus conferred ; who that has heard of her watching by the sick beds of the wounded, speaking to them of their private and individual sufferings, and cheer ing them with words whichfrom any one would carry com fort and consolation, but which from the lips of the Sove reign must gratify the pride of those to whom they aro ad dressed, and excite feelings of the most loyal devotion; who that has observed the language, the demeanour, and the actions of the Sovereign towards her soldiers will be lieve that, had her Majesty been left to the promptings of her own heart, and to the expression of her own feelings, the language of the Speech would have been thus cold, and would have been confined to a simple statement that, since the close of the last session of Parliament, Sebastopol, the great stronghold of Russia in the Black Sea, has gelded to the persevering constancy and to the daring bravery of the allied forces? (Cheers.) My lords, if her Majesty had fol. lowed the dictates of her own judgment, I think I know what would have been the tone in which she would have addressed you. Her Majesty would have expressed a deep sense of gratitude to that Almighty Disposer of all events without whom arms omen do nothing—(hear, hear)—and would have asked you to join in the expresson of a nation's gratitude towards those brave men who under that mighty Providence. have been enabled to achieve so important a success. Lengnage such as that would have gone to the hearts of many and many thousands in this country. Language such as that, addressed by the Sovereign to her Parliament, would have kindled anew and strengthened the flame of loyalty which burns among your troops, awl would have encouraged them to those deeds of daring titoe which such a paragraphas I have read is calculated to th - ,.0w a damp. But we are told in the Speech from the Throne that " Since the close of the last session of Parliament Sebasto pol, the great stronghold of Russia in the Black Sea, has yielded to the persevering constancy and to the daring uravery of the allied forces ;" and we are now asked to thank her M9jepty for giving ue %hifs information—iota R--: - illation which for the last three months has been notorious all over the world. (A. laugh.) Within that time infor mation of the fact, so far as it is a fact —becense unhappily it is not a fact (laughter) —might he derived from the colunine of any newspaper. Unhappily it is not a fez'. " Sebastopol, the great stronghold of Ilassia in the Black Sea," has not yielded to your valour and to your daring, whatever that valour and daring may have been. It IS true that, by unparalleled achievements, you have suc ceeded in forcing a portion of that stronghold. - Yoe have obtained possession of the southern side of Sehastcpel. You have destroyed the fleet of Russia, or at least she has destroyed them herself, and has saved you the trouble. (" Hear," and a laugh.) You have blown up, or you are blowing up, those splendid docks which were miracles of art, of perseverance, and of skill, but "the great stroug hold of Russia" still holds you at defiance. In front of that stronghold upon the northern coast, beleaguered rather than beleaguering, lie your armies at this moment, while your fleets are floating at a respectful distance from that stronghold which you declare has yielded to the per severing constancy and to the daring bravery cf the ellied f orces . Although, therefore, I am ready to corgratulate her Majesty, as we are invited to do, upon the success which has been attained, I must yet say that the first paragraph of the Speech contains an erroneous statement, and that the great stronghold of Russia has not yielded to the daring and valour of your troops, however great tle,t daring and valour may have been. (doer, hear.) My lords, I rejoice to learn that the naval and military pre• paretione for the ensuing year have occupied the mime; attention of her Majesty's Government. I nine. confess that, whatever hope of peace I may have entertained, or may entertain, as the result of these negotiations, I have not derived any great encouragement to look for a satis factory issue from the language which has been held by my noble friend who opened the debate and by the noble earl who seconded the address. Both those noble lords ex pressed ceneiderable doubt as to the issue of the negotia tions which are now in progress, and I counur wish them that, while we should welt nne, and cordially welcome, iu the interest of Europe, any peace which would effectually Attain those objects for which we originally went to war, it will be a permanent disgrace to this country if we accept any peace which should fall sh or t o f th e f u ll accomplish ment of those objects. (Cheer s .) I re j o i ce t h a t, w hil e we are not declining overtures of peace, we are making effec tive preparations for war ; and, although I fear that the noble earl has to a certain degree overrated the state of ex haustion and difficulty and distress of our great foe, yet I believe he has not overrated the amount—the formidable amount—of the preparations which we are making, and which my noble friend was somewhat reluctant to see alto gether wasted, and not applied in the new campaign of 1851 ; and I am sure he has not overrated the stseefast, stubborn perseverance which this country will always display for the attainment of any object which it feels to be just and necessary to attain. I cannot blame her Majesty's 0-averment for having consented to enter into negotiation?, although I may entertain considerable doubt with eegaro to the quarter from which these negotiations proceed, and I must say, though I do not doubt that the framer of the paragraph before us lies accurately described the course of events, yet the language used in that paragraph is by no means satisfactory to my mind. We are told that " the Emperor of Austria lately offered to myself and to my august ally the Emperor of the French to employ his geed offices with the Emperor of Russia, with a view to en deavour to bring about an amicable adjustment of the matters at issue between the contending Powers." I doubt not that this is a correct statement of the facts, and that the Emperor of Austria has applied to the Emperor of the French and to her 'Majesty for their sanc tion to these negotiations with the Eesperor of Russia in order to the attainment of peace ; but I confess that it would to me have borne a more gratifying appear. ance if the Government had been enabled to state that the Emperor of Austria had applied for the sanction of the Emperor of Russia to employ his good offices with the Sovereigns of France and England; from the language of the Speech— and I doubt not that language was well con sidered—the impression in Europe, and I fear it is a cor rect impression, will be that, after all, we are.virtually applicants to Russia for peace, and that Russia in not the applicant. (" No, no," from the Ministerial benches.) Noble lords opposite say "No, no." The statement they make is this—that Austria has applied for your consent to employ her good offices with Russia towards obtaining the assent of Russia to certain conditions in which you have signified your concurrence. Now, if in that case you are not the party seeking for peace—you having given your assent to the conditions and applying for the concurrence of Russia—and if Russia is not the party preserving the right to!grant these conditions or to refuse them, I confess I do not understand what is the force of language. (Hear, hear.) There are in the Speech from the Throne two very remarkable omissions. The noble earl who seconded the address has to a certain extent supplied one of them. •He has done justice to the merits, and to the services, and to the position of one of our allies—the mostdiinterested, the most energetic—(cheers) — and the most deserving of our support and consideration—l mean the King of Sardinia — (hear, and cheers)—but strange it is that, throughout the whole course of the Speech, not only is the existence of the King of Sardinia altogether ignored, not only are the services he has rendered to the cause totally obliterated from any mention, but—what is something snore extraor dinary still—from first to last in this speech there does not occur the slightest allusion to the name or the existence of Turkey. Why, I thought Turkey was the principal in this war ! (Hear, and a laugh.) I thought you were at war in defence of the integrity of Turkey. I thought it was because Turkey boldly and gallantly threw herself into the breach, and refused to assent to the degrading conditions which Russia sought to impose upon her, that we came for ward as allies to herassistance, hut now, forsooth propositions of peace are made to Franca and England; they areaccepted for France:and England ; and having assented to those con- dit ions ' we are—certainly in conjunaion with our allies, as we find at the close of the paragraph—proceeding to discuss them as the foundation of a general. treaty. I must say, that this entire silence with regard to both Turkey and Sar dinia is little consistent with the comity of nations, and the relationship in which those couutries stand to France and England. My lords, I commented just now on the un gracious terms in which her Majesty has been made to refer to the services of her own troops in that successful and honourable achievement—the capture of a portion of Sebas topol ; and certainly, if such ungracious terms are applied to those whose efforts have been crowned with such an im portant measure of success, it does not surprise me that her M ejeste's Ministers should have found no terms of commen dation to throw away upon others whose sufferings have been not less unparalleled, whose deeds have been not less heroic or less distinguished, although ' alas ! their efforts have not been attended with success—it does not surprise me that the Government should have found no language in which to record the matchless endurance and indomitable gallantry of those brave men who, in a distant and deserted Asiatic town, maintained so well and so nobly the honour of the English arms, and showed in so signal a manner what British officers can achieve when in command of foreign troops. My lords, aro there not those whom a word of praise and of sympathy might have cheered in the depths of those prisons to which their gallantry has consigned them—might have given them fresh courage to support their sufferings and their misfortunes, and proved to them that their exer tions and their hardships had not been undergone in the service of an ungrateful country? Such words, coming from their Sovereign in 'the presence of her assembled Parliament, would carry with them a weight which can accompany the language of no other individual. Yet, standing in this place, and feeling that my words may possibly reach the prisons to which they have been doomed by a not uugeneroue enemy, I would say to those gallant spirits—to a Williams, a Teesdale, a Lake, and a Thompson—" You may rest assured that this house and the country deeply sympathise with you in your misfor tunes"---that " We honour the valour and prize the fame of the brave defenders of Kars as not below those of the more fortunate conquerors at Sebastopol." (Hear, hear.) I am not surprised that there should rise a blush of shame on the cheek of the Minister, or that he should hesitate and be paralysed, when about to inscribe in the Queen's speech the significant name of Kars !—(hear)—a name of everlasting triumph and distinction to the valiant souls who, amid all the horrors of famine and hemmed in on all sides by an overpowering force, gallantly repulsed their enemy, on whom they inflicted a loss almost exceeding the carnage of any battle of modern times ; and who, despite of every discouragement, maintained their high spirit and achieved victory after victory, until finally compelled to yield, not to the overwhelming numbers of the foe, but to the still mere unconquerable force of sheer famine. The name Kars, then, will be remembered to the immortal honour of its defenders ; and let me add, that its name also confers no slight degree of honour and credit on the conqueror of those brave men, who, in the generous terms of capitulation which he granted, showed that he know how to appreciate an enemy's valour and fortitude, even when uriaveiling. (Hear, hear.) Fortunate, indeed, was it for the gallant garrison of Kars that they had to deal with a Mouravieff, and not with a Coronini. (Hear, heir.) Fortunate was it for the brave Poles and Hungarians who formed part of that undaunted garrison that the chivalrous spirit of their high-minded conqueror suffered them to go free, without incurring those additional dangers to which, as other than mere prisoners of war, they might have been exposed. Well was it for them that he was not one of those who would seek to stain the law of nations for the purpose at once of insulting an ally and tramp ling on the misfortunes of an exile. Yet, my lords, if on the conqueror of Kars, and still more on its heroic defenders, the name of that fortress reflects imperish able renown, I must say, with deep regret, that it is equally a name of eternal reproach and shame to those, be they who they may, by whom this devoted band was left without support and without relief, and this important town allowed to fall unsuccoured, and even uuavonged. My lords, I know not to what influence we may ascribe this fatal disaster. But I have heard a rumour which I I will mention, in order that the Government may, if poi sible, meet it with the promptest. fullest, and most ex plicit denial. I have heard it whispered abroad that while my noble friend (Lord Ellenborough) was earnestly press ing upon the War Minister the necessity of protecting Turkey on her Asiatic frontier, warning him, from history and example, that that was the qu trter from which Con stantinople had most cause for apprehension, and remind ing him that in the fatal years 1828 and 1629 the disas trous treaty of Adrianople was hardly less attributable to the advance of the Russian troops upon the European side of Turkey than to the successes of Paskiewitch and Mourn vieff at Kars and Erzeroum. While toy noble friend was urging these considerations upon the atten tion of Govern. ment, it is alleged, though I can hard l y credit it, that this important strategical post was neglected and abandoned to its fate because of some miserable Jealousy between the two great allies—some paltry fear that we Shollid, be suspected of seeking, under cover of an expedition to the coast of but (mown isolated and exclusive interests. If Asia, to promote, not the c on j oint interests o f Turkey, and the allies, this impression that has gone abroae were in any degree well founded, I sh ould look, m y lords, upon the prospects of peace for Europe with the utmost a l arm an d di smay ; I should see in this circumstance a convincing proof that, whatever the alliance which I deem so invaluable andeon which I set such vast store, may be in name, it is nothing in substance —that there is no real alliance, no cordia 1, co-operation between the two great Powers the union of w hich is indispensable to the wellbeing and tranquillity of Europe. I should blush, may lords, for my country if I could believe that under the pretence of advancing the common cause, any measure could be undertaken by the British Government, having for its object the separate and exclusive advantages of England only. On the other hand, I think it would be unworthy of France, and. wholly inconsistent with the frank and loyal course which our illustrious ally has hitherto pursued towards us, for him to harbour any such dark suspicion against the Go vernment of this country. Aethe same time, it would be still more discreditable for us, from the fear of such a sus picion, to relinquish objects essential to the general inte rests and to the success of the common cause, because it might be supposed that their attainment would incidentally . Contribute also to our separate advantage. Such an un worthy and unfounded mistrust would. not only be dis graceful both to France and England, but must tend to paralyse our efforts ; while for us to yield to it would be , doubly humiliating and degrading—(hoar, hear)-and, if I could for one instant believe that there was the slightest ground for anything so derogatory to the character of both IlatiOnfe I 419144 Vey then that we were reduced to the 9 1 911 1 2 7 54 71 1241 57i 8 Si i 9 ? li 93 si 9f 91 90k 2 69 i i& 311AKF.6. Aberdeen Do. N 0.2, 7 p. c Do. Debentures 109 - 111 107 - 109 80 85 ilyth and Tyn , ., LO)CI c. pref. (issd. 4t 501 iris. Ex. 4p. Do. 4 p. e,. Sharys .4.llledonan .Cl6' 'Mos. & an. Gn. 5 pc Do. do. Pref. No. 2. Do. do. Pref. No. 2.. Cork tit Bandons p o.' Dun.Prth .dr Aber. J. Anglian Cls. ASh Do. da. Cis. B 6 p. c. Do. do Cis. C 7 p. e. 6pe No. 1 Do. No. 2 :12 -- 1.4 94 - 96 15 - 16 • to• """ im. q = ii a P 111 121 Do. New 6 r. c. Oast TJn., G. 6 p. c !)o. 5/., 10 per cont. Do. 161. Dcbentr.Sh. 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V.Clo.6p,c,Jan&July ,„ „, 85 19 181 1100 all 100 100 100 1.00 ail all Er 4 LOO 100 100 all 100 all 100 100 100 100 100 100 Pm Pm 12 i 117 i 95 / die __ ~ miserable position of snbmissivelyand obsequiously follow ing in the wake of France, instead of standing in the manly attitude of complete equality with her, and acting in friendly and honourable concert with her both in arms and in council. (Hear.) I hope and believe, therefore, that I her Majesty's Government will be able to give the reports on this subject the promptest and most uncompromising contradiction. (Hear.) My lords, it has also been stated that the brave garrison of Kars, day after day, and week after week, watched, but watched in. vain, for the arrival of succour—for provisions, ammunition, and money— which they had repeatedly applied for to ,her Majesty's Ambassador at Constantinople. I have the very highest opinion of the services that have been rendered to his country by Lord Stratfo-d do Redcliffe ; I have had the opportunity of testifying in the most unmistakeable man ner my sense of the value of those services ;and I cannot sad will not believe, until I have had the most indisputable evie deuce of it i i writing, that ho has so far forgotten what h e weed to his Sovereign and h e r a lly as to treat with neglect, and even with contempt., repeated and urgent applications made to him for aid by British officers, who were encoun tering the greatest difficulties and supporting the severest privations to uphold the honour of tl.eir country's arms. Doubtless my noble friend the Secretary for Foreign At. fairs will feel it to be his duty to lay, at the earliest mos meat, upon the table of both houses of Parliament a state. meat of all the circumsteeces that relate to this disastrous abandonment of Kars. Let the blame lie where it may, - this country has a right to know on whose s h ou ld ers it properly rests. (Hear.) It will not do to ca s t it upon thi s or the other pasha. (ilear.) It will not do t o a tt r ib ute i t, for instance, to the dilatoriness of Selim Pasha., who hay nog tt his command a force of not more than 10,000 or 12,000 men, exercised, I believe, a very sound discretion in maintaining his position at Erzerouni, instead of mules,. vouring to relieve Kers in the face of a very superior 'force. We must know to what we owe it that we allowed this advanced position to be occupied--a position which had already been so fortified as to be rendered impregnable, or nearly so. We must also be informed how it happened that for long months before it was invested, while commu nications were still open, while money was abundant, and while the means of transport ware easily attainable, no measures ware taken to relieve th a t f ear l ess an d gallant garrison which, as has since been ascertained, were invin cible except by famine. My lords, I do not hesitate to is ert that there is a prinea facie case of grievous charge atainsk her Majesty's Government for neglecting to see to tl e provisioning and supplying of Kars while the commas nications were open, and I cannot but think that it will require some ingenuity to show why, even after the com munications were closed, no effort was made to break through the line of the besieging army. I have heard the remark made, that the first great blunder of the campaign was the concentration of all our forces before Sebastopol. Into the discussion of that question I will not now enter, but I may be allowed to ask if of the troops • before that mighty fortress not one man could have been spared, where was the Turkish Contingent of which we last ses sion heard so much ? (Hear, hear, hear.) During the dis cussion on the Foreign Enlistment Bill last year, we were repeatedly told that what we wanted was not soldiers who would require six months' training, but officers and men who were already pi e p kred, amid disciplined for every service of war, and who would be available in a very short period for any purpose fe: which we could possibly require them. (Hear, hear.) Parliament sanctioned last year a very consider able loan for the purpose of securing the disciplined ser vices of such a body. What has become of the men who were raised under the Foreign Enlistment Act? What has besomo of the money that was procured under the terms of that loan ? What has become of the Turkish Contingent which, having been embodied slowly aid tardily, was sent at last to a point where they could do no thing for Kars? How are we to account for the imprison ment of 30,000 or 40,003 men at Eupatoria, where they wore powerless for the relief of the distressed garrison and of no possible advantage to the common cause? (Hear, hear.) Your money, which lay unemployed, might have been employed to the provisioning of Kars and to the adopting such measures as would have prevented the enemy from surrounding it ; but no effort was made to provision it until it was beleaguered by the Russian army, nor after event was any attempt made to relieve it. (Hear. hear.) These, my lords, are momentous matters and well deserve the serious consideration of the country. I hope that they will obtain the attention. they merit, and that we shall have such an explanation of this apparent neglect on the part of the Government as will redeem them from the deep imputation which now rests upon them—of haying sacrificed a gallant army, abandoned an important post, and permitted the occurrence of a calamity, which, though thanks to the heroism of that devoted band it has not yet dimmed the lustre of our arms, has not g iven to the enemy a cause of exultation, and tilled the heart of the British nation with the most painful emotions. (Loud cheers.) I have deemed it within my province, as a mem. ber of yowl ordships' house, and I have thought it a part of my Parliamentary duty, to express myself thus freely, frankly, and unreservedly upon the past ; but there is a limit beyond which it would not be wise for me to go. (Hear, hear.) lam sensible that it would be unsafe, un wise, and injurious to the public interest for me to sayers single word either with regard to propositions which may be under discussion, or with reference to those terms and conditions on which, as I believe, peace might be fairly and honourably concluded. I entirely con cur with the noble lord who seconded this motion that it is in na degree desirable that we should entertain any views or contemplate any objects more extensive than those which at the commencement of the war were sub mitted to our consideration by the noble lord the Secretary for Foreign Affairs. (Hear, hear.) I am far from giving my sanction to those exaggerated opinions and somewhat uto pian projects which, as I understand, have obtained the approval of a noble friend of mine on the opposite benches, nor can I at all commend the idea that the war should be continued with a view to the relief of oppressed nationali ties. (Hear, and a laugh.) I trust that your lordships will view the question in the same light—(hear, hear)—and that you will not give any tmch extension to the character and purpose of the war. If I remember aright, the noble lord at the head of the Foreign Department laid it down that these were the objects of the war—to secure effectually the integrity and independence of the Turkish empire, to include that empire as a component part of the great Eu ropean system, and to take ample and decisive measures to curb the unjust ambition and to repress the territorial age gressions of - Russia. These the noble lord the Secretary for Foreign Affairs intimated to be the objects of the war. With these effectually secured by the terms of a treaty, I profess that I shall be satisfied; with less than these, se curely obtained, neither I nor, as I think, the country will over be contented. (Applause.) With regard to the details of these arrangements I forbear to say a word. Nay more, I am prepared to give her Majesty's Government this as surance, that durin g the course of the deliberati ons now about to be entered on I will myself carefully abstain— and I will impress on all with whom I have the slightest influence the necessity of refraining from making any corn. meats, suggestions, or observations which can h ave the effect of unnecessarily embarrassing the Government in the conduct and management of the negotiations. (General applause.) It may be gratifying to the self-love of this or the other House of Parliament to believe that in matters of this kind they are to be the constant and daily ad. visers of the Sovereign and the Minister ; but I have not so read the history of our country, nor do I so i n . terpret our constitution. The prerogative of peace and war rests with the Sovereign , and with the Sovereign alone; but that privilege and prerogative of the Sove reign is exercised by the responsible Minister of the C rown . Ile to whom that great duty is confided has power to bind and tie down the nation, inasmuch as he is intrusted, or supposed to be intrusted, with the confidence of time Sove reign and the country. 're him is committed the conduct of affairs, and he is in a position to bind irreversibly both the Sovereign and the corn day. Such is the part which the constitution assigns to the constitutional Minister of the Crown, and the duty of Parliament, I humbly submit, is not to interfere injuriously - And mischievously with the discharge of that duty, but to Allow the Minister to pur sue without impediment that 'sours(' which he may think most consistetit with the end tobe attained. Wh en th e Minister has performed his task' it becomes the duty of policy he Parliament to pursuedosignife- its nn d ap o p f ro t ri or condemnation of the ;measures he h as t a k ene to give effect to that policy. (AinPlause.) This, lam wall aware, is not the popul ar doetrerie of the da y , but it is the theory of the constitu tion, and will be the e vil if in practice we depart from i t. ( Hear, hear.) Therefore, though I grieve to say that I cannot entertain for the Go. v e o r v n e m r e e i g n n h t sentimentsthoonsoeurs them, a and df whichconfi confidence majority o f thee with which th e Sovereign country is not disposed to withhold from them, I am, nevertheless, prepared to give them an assurance that, as far as I am concerned, they shall be vexed with no wanton interference, and with no vexatious comments, with no unnecessary questions, and that no impediment shall be offered to the course of their proceedings until they shall have brought us to one of two issees—a durable and hot nourable peace, or renewal of a just and necess ar y „t ar. (Loud applause.) One of the noble lords who have already spoken used the words " resumption of hostilities," and I find that her Majesty speaks in a similar tone. The pas ragranh in the Royal Speech run thus " In conducting those negotiations I shall be care lelttetrsrust w ouldtha care ful not to lose sight of the objects for which the war was undertaken ; and I shall deem it right in no degree to fmewet.rust, above all relax my naval end military preparations until a satisfac tory treaty of peace shall have been concluded. I confess that the alteration ae o a f r.) a have been much more satisfactory to grant a s it usp is en n s i , o t n theo hostilities. intention of the Govertement to We want the arly Months which suchl immense pre perations. to secure the a b d e v e a n ntag ma e d s e. for ( things, that the Government will consent to uo _ _ armistice by sea. I trust, indeed, that the Government will consent to no armistice whatever. An armistice of any descrip tionrviceable to the enemy. I n th e Cis only se rimea it affords h e n the opportunity of moving his forces from point to point, of reinforcing and provisioning Sebastopol; w hile we ourselves, having now the command of the get no advantage whatever from the armistice, but, on the contrary, are tied down to the places we actually occupy. Let there be no armistice. I trust that before six months are expired, her Majesty's Government will have settled the question of peace or war. Russia desires nothing mo re than the meads of enabling her to recruit her forces. The next paragraph in her Majesty's speech is expressed in ra. tiler a singular tnannerebut although I do not mean to quarrel with it, I cannot help noticing the geographic.al character of it. It is this, "Although the war in which I am engaged was brought on by events in the south of Eu. rope, my attention has not been withdrawn from the stateof things in the north, and, in conjunction with the Emperor of the French, I have concluded with the King of Sweden and Norway, a treaty containing defensive engagem en t s applicable to his dominions, and tending to the preserva tion of the balance of power in that part of Europe." With regard to the treaty entered into by this country with Norytay and Sweden, I believe from what I can collect troth public information that it is one of a satisfactory ptharacter. (Hear.) It is of a very satisfactory character 'as 'regards Sweden and Norway. As far as I understand that treaty , it is this--that we enter into a treaty w ith them-swot much in the manner I should do were Ito nn. • dertake with my neighbour who resides within a short d ts . tance from me, that I should join him in the expense of watching and guarding his house, if he _would promise me not to let the burglar in at the back degr dof (ear, arc] laughter.) I might, were I to have asight that thanby the treaty, perhaps learn that it went further probably some secret article which it contained. (Hear.) Th e house will excuse me if I do not attach so tench imp or t ance to the other treaty with Chili, and on which so m uc h stress has been laid. But whilst her Majesty'a mind was engaged in her geographical inquiry relative to the north and the south, it would have been more satisfactory to me behave been informed of wha t impression had been made on her Majesty's mind with reference to the east and west. (Hear. acid laughter.) I should have liked to have heard her • Majesty's opinion on the four points of the compass, parti cularly with reference to the balance of power in the East. • as that of the North. (Hear.) It strikes me en soniethir g irregular, that no sort of notice should have been taken or our -foreign relations with other friendly Powers than those in the North. (Rear, hear.) I should like to have heard something about Herat and the Cabinet of Wash berms more .pptciiAlly a§ our rolati9u§ with the OW of 2 0 ?. U IV 1;K) 1 100 100 too 3i !1.00 too 214 100 alt all 1 , 1)0 1.00 /0 16 20 to 10 i 82 258 i a in c <. 1951