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

Li. L'`,l .Le a:;a. ...LA' el AND COMBITiRCIAL INTELLIGENCE. CITY, Two o'CLocK. The Liverpool Cotton Market yesterday closed With heavy buying, and prices of Americans were P. per lb. higer, and in some cases even 4. 16 d. per lb. dearer than last week. Surats were 418 0 d. per lb. advanced, but other kinds were tuichanged. The sales were 15,000 bales, 2,000 for export, an d 3 , 000 on speculation, including 400 Pernarn and Maranham, 6kd. to 7d. ; GOO ‘ r 'gYptian, 51d. to 7d. ; 600 Egyptians, 51d. to 8d ; 4 1500 Surats, 34d. to 40., and 100 Sea Islands, lod. to ls. Bd. per lb. The Railway Share Market Was quiet, but without any particular feature. The Colonial Produce Markets have again be- Pole very inactive, and the prices of course of the leading staples have receded. For sugar the de nd has almost ceased, and lower rates are asked .°Y the importers. The decline has generally ! Li m:muted to 6d. and 14. per cwt. Coffee has been l° good r eques t, an d th e mar k e t i s s t ea dy ; cocoa h ruled quiet, and tea dull. Common congou is "bout 9id. per lb. The duty on a large quantity of this article has been paid, owing to an idea that a ll increased impost will soon be levied. Rum has I a °t wet with a brisk sale, and rice has remained at about previous quotations. Saltpetre is rather l a ,htiaper, and cochineal is ld. per lb. dearer. Spices have been firm. In tallow a large speculative busi -44.°83 has been transacted. Prom America the accounts report a slight im rl)vement in the foreign dry goods market, al hilt°llgh the importation continued heavy. The I °lce, having confidence in the position of affairs, gacl been discounting more freely and upon easier t k ole. This bad not only buoyed up the prices of th e ~, e speculative securities, but had also produced .44 °re confidence among the mercantile community. Intelligence from Switzerland mentions that the ",,,bject o f ra il wa y commun i ca ti on th roug h th e •Allecins of Vaud and Friburg ie engaging the at tfttion of the Federal Government. At a session ;f l aw Assembly held at Born the council agreed to 5 construction of a line to the Bernese frontier by bar of Thorishaus anti to the frontier of Vaudoise „,„',Pray of Payerne. The total length of the line " . ` ll be 46 kilos., and the cost of construction 9 millio n fraucs. Of this sum the city of Friburg is furnish 2 millions. This railway will be in con- Zetion with the Western Swiss Railway Company, 110 8 e line reaches the Bernese frontier from Ge 4a'a ; and whose capital was furnished by the C redit Mobilier Society of Paris. &tie fall in flour at Paris continues from day to and the supplies arriving in the market ex g the demand. The diminution in price upon 16 ,,sorts has averaged from 3 to 4 francs per sack of hectolitres, during the last eight days. Choice c 4 Pl alities are now quoted at 99f. and 100 f. per sack, 4 14 the four in feriorkinds from 92f. The fectors de -I:ted asal e o f 293 c a s k s , a t the average'of97f. 88c. per 4 1 5• The fall in wheat is in proportion, best kinds at 59f. 50c. per hectolitre and a half, and , laferior from 47f., being a further decline of 2f. it lthas receded as much ; first quality is quoted L° s f., and second at 34f. Oats is down If. for 1 .4' Sorts, and if. 50c. for common, the prices The from 23f. to 27f. b,e`tle opinions of "Investigator" relative to the V B out position and future prospects of the Great % % tern Railway Company have been published in e a form of a p a mphl e t, a n d although the state ats made are of an ex parte character, still a p ro Re amount of information is given that may 'e of much importance to the shareholders %orally. t t ;!•here has be en ra th er a d e p res sed ma r ket f or elish Securities, and at one time the prices were 1 1j per cent. lower than yesterday, but there ' of since been a slight recovery. The realisation k trofits by the speculators exercises an unfavour 464,influence, but the quotations are most affected o: o '''uo increased stringency of the money market. go i ll sols opened at 90g g for money, then declined to 1 4. 4.. C. and they are now 90* A. The account prices been as low as 90a A, but they have rallied gal a to 90i /. F or M arc h there have been deal r! ta at about 91 and 91k. The New 3 per Cents. 4 91 1 K, and the Reduced 90 1 to 91. Exchequer owing to the money pressure, have dropped 123 ., and 9s. discount. Bank Stock has risen 5 cent. being 212 to 213. agForeign Stocks are very dull, and rather heavy. e dividend upon the Turkish 4 per Cents. tz !„PaYable, and business has been done at 104 uiv- The 6 per Cents. are per Cent. lower, E I N 921 s, Sardinian have been rather firmer, a'y 90. gpanish Deferred are 23, Peruvian 4 I : Ler Cents. 80 , an d th e 3 per C en t s . 56. Chili an a r Cents. are 102 A. French 3 per Cents. are 91.50, ; exchange being 25.25. The following are the nominal prices of Foreign 2 7 31 c8:-Grenada Deferred Bonds, 6t 71; Mexican, ; Peruvian, 80 82 ; ditto 3 per Cams., 56 58 ; e o rtuguese 4 per Cents., 47 49 ; Russian 5 per 3 e , l ltri, 103 106 ; ditto 4 per Cents., 92 94 ; Spanish Cer tificates Cents., 431 ; ditto Deferred, 23i 4 ; ditto 6 ; ditto Passive, 4 51. th i qessrs. D. Bell, Son, and Co. report that during bi t '' past week there has been less activity in the Irket for American Securities, but prices have e alained without alteration :- STATE. SECURITIES. Redeemable. Per Cent. Ilsylvan 5 er Cent. Sto,v ' ll usylvania 5 per Cent. Bcrill .. . 73 _1877... 81 RAILROAD BONDS. Central. 7 per Cent. Ist Mortgage, IV°t onvertibe t i l o is C Central l 7 per Cent. Freeland 1875 . 78 80 R onde .. MO_ 83 85 j h be Railway Market is remarkably steady, and some cases an advance is noticeable. South vstern have improved 11. to 21., and North -I;estern 5 5 ., b u t G rea t N o rthern are heavy. The ' t ench shares are firmer. 13 anking and miscellaneous shares are dull. BR ITISH FUNDS THIS DAY.-CLOSING PRICES. i 4 thc ()axial fte. , n- done. ' ll lk Stock . 212 13 11i 4 w' ti l'ent. Rti ed.,:eed Annuities 9OI 1 $ N.Per Cent Consois Annuities 9O t N i i 5.,.," ? 3 per Cont. f\.nnuities trr Cent. Annuities ll3 -° 'g Annuities, expire sth Jan. 1860_ - Ditto 30 Yea t s, expire sth April, 18S5 16;1 t ` ll Sia llend s 1:1400 - ri llitto, under £lOOO 7 'n'niets Tor Account Xrchequer 13111@, 2id. £lOOO. 9 12 6 10 d .. .V 560 Bmall 9 4 PRICES OF FOREIGN FUNDS THIS DAY. 3 thili ttu Bonds, 6 per Cent 1024 lit, i ,?ett,ri per cent. P eruvian Account Bonds, 41 per Cent. Ditto Account BO Ditto 3 per Cent . Ditto Account P ortugues e Bonds, 5 per Cent., Con. 1841 Ditto 4 per Cent — „ Ditto Account A'a , vil an Bonds, 5 p n: Cent., 1822, £ St — Ditto 4. , , per Coat 0 4 , •clirnan - 11 ons, 5 per Cont. r , Ditto Account , 4 P‘nish Bonds, 3 per (;eut Ditto Acc..oant 421 Ditto New Deferi•ed, 3 peg Cent. Ditto Account . . 234 i wn,-,,i t h B ,Td;. , i p , r cent — Ditto Account litto Guaranteed, 4 per Cent lOO4 ...Ditto Acoouut lOOl i li a d Ye ief.nela, Binds, 41 per Cent — Ditto Deferred, 11 per Cent. l3 Dividends on tno above payable in Lenin!). French Rentes, 44 per Cent. Ditto Spur Cent. Dutch Excii:tnge, il i - per Cent., 12 Guil... 61i Ditto 4 per Cent. Certificates THREE O'CLOCK,. Gonsol , , money , 9oi t Ditto for Account , 7th Feb 904 1 LONDON AND SOUTH- WESTERN RATLTV,4Y. TO THE EDITOR OT THE 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 next, that the dividend for the half-year ending 31st December, 1855, be at the rate of 51 12s. 6d. per cent. Per annum the capital, making with the previous dividend, 51. per cent. for the year.—l am, sir, your Obedient servant, L. CROMBIE, Secretary. Secretary's Office, Waterlcq-bridge Station, Jan. 31, 1856. A GOOD STORY.—" A bear and its leader," says the Courrier de Lyons, " lately arrived towards night at a village 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 consented to receive them. The bear was placed in a pigsty, and its occupant, a fat pig, which was to be killed on the mor row, WAS let loose in the court yard. Is the middle of the night cries of help proceeding from the pigsty aroused the house, and the host, his wife, and the ser vants at once ran to the spot. It was then ascertained that a thief excited by the splendid condition of the pig, had determined on eloping with it, and had entered the Pigsty with Oaf, laudable intention. The bear die- Pleesed at being suddenly awakened by this enter Prising individual. rewarded bins with a fraternal hug, which caused the would-be thief to cry out so lustily. The man was delivered from the paws of the hear, but ouly to be handed over into the hands of justice." SITAR : 1 g MARE I7 - 7 13. (THIS DAY.) RAILWAYS. RAILWAYS, Closing Prieei this day lber Ambg. Nottng. Bost and Eastn. Janet.,. Reliant & p.allymena. :Arming. Wolverh Stour Valley 3irkeand. LanesL. & Cheshire Jnnct Chesh. & Birk., £5O and 225 Cons Do., £2O Myth &Tynaoriginn .£25 (isad. at £4B, Bristol and Exeter Jam. and Cardigan Chester & Halyhea.a. .;ork and Bandon Cork, Black, & Pass Cornwall Do. A Do. B rrie Junction—. Dab: in&BelfastJunc. Dun. P. di Aber. ,inc. last Auglian ~astern Counties..... last. Union, A 13t1 Ds., B, Stove Do., New East Kent i ant Lancashire Edint urgh&Glasgo-x and P,,e1)! , 15 Ed iu.Prth &T)uirl' .rorth Sc Clyde Jun 3. Furness Do. Extension..... ... GlaszowEtil. Great N. of Scotlnd. Great Northern... . Do., A. Stock Do., B. Stock tit. Bth. &West.are. Great Western Do. Stour Val. Ran (qua. St• [Ash Sonth-Eastern. %monster & Carlisle Do., Thirds Do. New Thirds Laneash.andYorkSh. 1)0., W. Riding Un Liv. Crsby. &Southpt London & Blsolcwra I,omi. Bright & S.Csr Lend. and N. Westr, f Fifths Do.lol. 8...0 Do. Eighths F Londoliand S. Westn Do., £5O Do., £4O Lndndrryd; Col erai Lndndr7. St EnniA Manch.Shef. Line. Do., wan. k Lin. tin Metropolitan ...... Midland Do. !lining.. &Derl Midkl. G. West. (Ira Do. Half Shares... >. all IsTeweastlo & Carlist all Nwpt.Aberg. &art 83 Newry &Enniskill , eal Newry Warrenpoixt and Rostrevor IA Norfolk Vorthn. Counties Ills North British Nth Devon Rai'. & Dock 5t0ck..,.. ,... lbo., A Stock.. ;),c) B Stock N. DoDo. B Guarantoe ~ Do. do. Extension Do.do. G.N.E. l'ureL Do. Leods Do. York Paid North L0nd0n...., ki.&S.Wstrn.,llaml stead, and. City Jn., Staffordshirk: , 'North Western el.& S. Westrn. Jane einneaton, Hinkle). gad Leicester.. )z, Wore.. k Wolv Poi-t,twit Ch l*ott :eIL Ce ltral IScotLishitidland ,ihropshire Ui i . Soutii . 3oznh 3outh Devon Eastazn Wt.les :sh. de Riv. Du 5 Do 3taine,Wok. kWo '1 Stockton & Darli Sto , !ktor, at Hartiz 0 ali Vale Do. 4 - 41 71 - Si 16 - 15 13 - 14 9 - S 81 - 86 581 - 12 r 13j • •• ....... be 4 - 2 7 - 8 13 - 14 9 11 - 9 i 26 30 19 - 21 72 - 74 52 - 51 9 i - 9i 24 - 25 82 - 86 - 7 A►i - 924 78 - 80 124 126 104 106 58 581 F 5 73 - 78 G 4 74 64 74 81 82 ••• 6i - fa 97 99 - 100 par Ad par; 94 - 3 3 2- ••• ".. • • - id 704 40 42 .... •••• 10 - 11. 46 - 48 30 - 31 734 - 744 7 - 81 4i - 3i - ;44 481 494 ... 7jd -.. ... 22 - 24 04 106 74 76 46 47 12 - 33 611 —02 k 68 70 5 ---- 3,i 2d. pa '4 -- 36 19 - 20 34 -4,,,. 4 - 100 10'11 100 100 100 1)0 100 100 34 LOO too 211 30 20 10 10 Pref., No. I._ 1 , -,AT-102 s Bay, PAT, Ulvorstone Jt Lana< Nraj Waterfa. tt Kilkenn Water ford& Li yner West Cornwall__ •Writ ETU of Londr and Crystal Palaces Do. B ..... INVest Loudon... Wimbledn&Oroydo FOREIGN „ paßw,t r. ix= Do. 5 p.c. Oblgs. con. in Sh. at par till '64 ij S Ardennes . 1(1 - 1 p 1 -1?; : 3 .# • 2 i' 2 - 1 3ai ,an I , :a.tu. June, Beziers to Graise,sa,,. Ronibay Baroda, an. r'ontral Do. -- , r Demerara htcl , Rhenish ':astern of France Du. 'crew 3- - -r! ' 11 -13 • 211 -22 i 1 1 Ipt Bast g. 5 p. n.,, Gee our Afelbou ne guar. 5 per c nt.:.. .• '''' ••• - Do., Lon. allot., do, Tk:of Cana,l9.A Po. 10 - 9 - Uo. Cert. of hooch. con. into Stk. till '6. Do. Comp. 6 p. c., do Gt. Ce;Ltral of Fran 'at. Indian Ponimm , . Great Luxernbour , Conatitritsxl !;,here= l Do. Obligations 64 68 83 P 8 5 sit 201 202 5 1 5 Sa Do. re-is. "orft.i. 6h.1 Gt. Westernof Uank,' ul ~cams Do. New.: 26 - 26 3 - 3i pl - 120 - 12;> 120 - 125 Do. payable's7, with option till '55.. Do. do., '62, p. '56 Do. do., '76, p. '6O do., '73, without option .... Uamilton Toront 'Do. 6 per cent. Lake Cont,4 & Bagl Li erre and Turnhout Lucca & Fist. 5 p c p Lyons au I th.nova . I Lyons dz Moditorr*r , vtadras, guar. 4 ; p.c Do. New o 0., 5 p. c Do. 4i p. c. Exten Maris Antonia .)o. do. New 106 10s1 25 1.17 122 - 19i 7 2 - 3 Nmunr & Lie (ait interest) Do. (ex intor,st) 'Corthern of France - 6 5t - 54 - 12 -- 121 '7)c. 20!. 3 p. c We ,;' fin y.ll. EL Anis. Shs. !siorwealanTriinkPre 'Aria sea Lyons Ditto Bonds axis and Orleans Rome and Frascati.. 1%.0y-ct Danish .E3,oyalSwailisii Do. Obligations ...., Sambre and Meuse., )o. u# p. cent. Pref. leinde, guar. 5 p. c D 0... leathern of 'France.. ..t. Andrew's an' Quebec (A) West Flanders Do 5), nor v. Pref... W. &N. W. of Franc( West. of Switzerland Wiesbaden ... Zealand 7 - S 48 - 48 49 - 50 19 -. 20 2} - 24 r.q - 9} - 91 1 le pin 34 - 4 324 - 33 iii iot JOINT-STOCK BANKS. ,11 Australasia 92 91 100 50 Bank of London 63 65 i 61i 40 all ilri. Col. 13k.&:Ln. C SO all ;ritish N. American 65 par - 1 • p 2 20 5 1 5 1 0 :11 hr ia t r a t( . 1. B B nI an . k of o i f n A ti s ia iN , Australia, & Chins - ...d 3i 100 50 City .............. 69 - 70 69 100 ! 25 Colon al ................ 1.00 20 Commercial of bond - 20 ail 17ng.goot.itikus.Cht. 171 -. 18 20 all Lond. Chart. Bk. of Australis ............. 17 - 17?, 20 5 Ditto New ............. 2:1; - Izd 3i 50 j2O Lerkdon and County. - -• 100 50 Lnd.&E.Bnkg.Corp. par - 2p 50 1(. London Joint Stock ... • 100 20 Loud. do Westminste, ... 47 100 National Pro. of Eng •-• 20 10 Do. New 50 221 National of Ireland.. 37 - 3 9 33 -i 20 all New South Wales__ 4) - 41 25 all Oriental Bank of Corporation. 4O - 41 42 LOO 25 lerwrincial of Ireland 1.0 all Ilto. NPw 5 1 'Royal Anstrain.Blig ‘3 , ,1a TM Co 100 50 Royal British 25 ‘;;p:tii Australia . 39 - 41 25 ill Union of Australia 7O - 71 70 I 1 P., New si . . ..... 60 10 Union o Lonclork 28 rz 30 81 32] 10 4 14 4 20 27, sti 14 %11 t 4 tor' 100 20 2n 20 20 31i 10 20 le, 20 ZO all all ?11 all ~~-- : , ~.. V.. THE SUN S LONDON, FRIDAY EVENING, FEBRUARY 1, 1856 "NES L'e.a SAD .),T„,,71,X7.33 RENTATA% all all 10J 100 RATVRAII: Bedford and Blet chley Bnckghamsh. Clydesdale J c. Col. Stour Vy. Sud. and Hal. E. Lin. a. 6 Pc E. tin. H. Sh. Glas. Barr. & Neils. Direct Do. New Glstr.dt Dn. Fr Hrtlpl. Dk. & Railway Hull & Selby Do. Sharon. Do. Shares. Lon.&Greenw Do. Pre ferenle Lon., Til., & S. Lowestoft gr. 4 per cent. Do. 6 per ct. Manch. Bstn, and Matlock Middlesbro' & Redcar Compam. London & N. West. L.&N.W. (!aledon E. Un. & E. C at.Nrtkin. E. Count. Cadonian. Gt. `West') Yk. Now. Berw. V. &NM, Do S. Easton Do 'Pet° k Co. Norfolk, Do I /.3; N. VV. & Stokton at Darliugt. Widland.. Ciointig rr,u4. this day. 94 - 96 94 - 98 060 ..... • • 1(14 166 13 - 23g - 246 110 - 115 - ft 91 -: ii Midld.Bradfd Newmarket, Bury E. G.spc N.& Est.s p.c. Do. 6 rer et. Do. Fizeds p c Prost. tt S yre Do. 6 Shrs. A Roystn.& Hit. Shof.Roth 1136 Goole g. 5 p. o rows. &Her S. Staffordsh. Wear Vali eygr 6 per Do. ;oril-Rt F. a. Conn. E. Count. D 0... Do L. S: N.W P - tP 55 - 67 all 100 P REFE [GM Northn Lancash& Yorksh. T. Brassey M.MCloan itockt. & Darlingt Girt Wei St. 20 St. 15 91 &berdean.., it EN, N 0.2. 7 p. 0. Dei. Debentures ... too too too too llto too 74 - 8 3 - 20 31 - 32 83 - 85 511A.116:.y. 109 - 111 107 - 109 80 85 Myth andTyh, 'Opel C. pref. (i s stl. :4 50/ Brie. & Ex. 4 p. c. St Do. 4 p. c. Shares ... Caledonian £lO 92 - 95 - 97 15 - 16 Ches. & Ho. On. 5 pc Do. do. Pref. No. Do. do. Pref. No. 2.. Cork &Bandon 513 p.o. Dun.Prtl , .& Aber. J. F. Anglian Cls. A Sh Do. do. Cls. 13 6 p. a. Do. do Cls. C 7 p. o. ! a=.Co.l z,6pcNo. Do. No. 2 . 5f - 61 ,•• .... •I, t - 111 - 121 Do. New 6 p. e. St East Un., G. 6 p. c Do. 5/., 10 per cent Do. 10/. Debentr.Sh. Do. do. 4 per cent East Lancash. 6 p. cts kW. York. J. sth Edin. & Gl. 5 p.c. sh. Prth.&Dan.4p.c.' Furness liaa. 5.W.G.5 P.C. Groat Northn. 5 p. u Do, 5 p. c. Redeem. at 10 p. a. prom... Do. 43 p. c Do. 5 p.c. Scrip, Red at sp. c. Pm... . a = 66 Ch. N. Of Scotia Pre Gt. S. icz W. (Ireland Do. 4per 0. Prof. S h. W.(B. 'lll.Pf." , pc Do. con. red. 4i p.c. Do, con. red. 4 p. c. Do. irred. 4p. e. Do. 5 p. c. red. prof Do. do. do. Do. Birm. Pref. lh Do. Cnestor 8 p. 0. P.f ; De. do. 5 p. c. d 0... De..Birm. Gna. Stir Do. Ches. Gia. Sli.. Do. do. do Do, do. do ...... ....• fan. &York. F. £2 , Do. 6 p. c. Stack Lon. & G. 5 p.e, Do.. Pref., 5 p. o. St Do. New Goar.6 p. c Do. do. 5 per cent r.ion.&N. W., Coy. 4 Nuneaton 5 p. ct. riou.& S.W. 7 per et (Jowly. & nolor. Sly Londy. & S' Do. Warypt.SzCarl.dp a '1)0. 4 per cent lii; - 113 108 - 110 103 105 9i - it 6 - R 8 - 00 78 - SO 754 80 95 • 100 16 91 —10 e 70 —72 184 194 94 —14 t id 33 136 ••• -- ... this day. d 56i IMPERIAL PARLIAM ENT. OPENING OF THE SESSION. HOUSE OF LORDS-(YESTERDAY). The fourth session of the present Parliament was opened to-Jay by her Majesty in person. The ceremo nial by which the great legislative body of the nation is called into active existence is one which at all times and under all circumstances constitutes a significant and im posing pageant. To-day, however, the interest, which upon similar occasions usually animates the public mind, wae in consequence of the great question of peace or war, at this moment in the ba'ance, considerably in creased. The people of England anxiously awaited, from the nes of their Sovereign, the assurance that the mighty contest which but a brief period since had aroused theni from the tranquil repose of 40 years, was about in all probability to terminate in a peace flatter ing to the na lien's feelings, and honourable to her arms. When list her Majesty met her Parliament in that mag nificent chamber, which is consecrated to the labours of the most illustrious deliberative assembly in the world, the soul of the country was saddened by the dark his tory of a gallant army suffering in consequence of offi cial mismanagement, unparallel:d privations, and by the shadowy horrors of a protracted war which the future unfolded. To-day another and a brighter prospect was presented to the 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 tb e country, should be look ed 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, was 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. While 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 oe cupied the back benches upon both the ministerial and opposition sides of the house. At one o'clock their numbers had so far increased as to leave no seats avail able, save a single bench in the front raw on each side, and the small space ordinarily appropriated to the bishops, the judges, and the diplomatic corps. The galleries also were occupied by members of the fair sex, and if their presence tended to the inconvenience of more than one peer, by temporarily excluding him from a seat, it must be admitted that it lent a grace to the scene, which in their absence it would be impossible to attain. Pin Pm 12 k 11k 12k 117 i 105 31 ••• -- MI Shortly before half-past one o'clock, the Haytian Minister arrived, at.d immediately afterwards the Por tuguese, the Brazilian, the Belgian, and Sardinian Min isters entered the house, and took their positions on th e seats immediately behind the episcopal benches. It was not until a quarter before two that the French, Aus 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. ••• ""." a.. 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 Erie, Willes ' and Wightuaan, to gether with Barons Bramwell and Martin, among the occupants of the judicial bench. On the episcopal bench were the Archbishop of Can terbury, thJ 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, be,ides those we have alreadymentioned, the Lord Chan cellor, Lord Panmure, the Earl of Clarendon, the Duke of Argyll, the Earl of Harrowby, Lord Stanley of Alderley, Lord Wodehouse, the Duke of Newcastle, Lord Lansdowne, Lord Campbell, Lord Clanricarde, Lord Elgin, and Lord Overstone. ' On the opposition side was Lord St. Leonards, the Marqu;s of Bath, the Earl of Dououghmore, 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 terdaoce. 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 Majesty with drew, and returned to Buckinghatn Palace, the proces sion being formed in the same order as had been ob served on her route to the Houses of Parliament. The peers adjourned during pleasure, and did not re assemble until five o'clock. THE QUEEN'S SPEECH—THE ADDRESS. I - i Ns!nem done t'lls day. 1.00 I did. Congo] 10 6 r. Qpt 1(r) Do. 4i p. C. Pref. all Do. Pref. 4i pc.r co., MI Do. 57. Prof. 4 p. o. 100 Ditto L. &FL Pref. g , all t ;New., Abgr., &e., pr. 5 p. c red. 5 p o. all Doha/Joao. 100 ID°. Pref. 4p. c. St. ck 100 Do. 5 lg. c Est 100 Do. 75,4 per ct.praf 100 po. War. Val. 5 p.c 100 'North British r.c. fig. Bprw, 4 p.a. I" 'DD. do. do IDo I.:tels tl p. 4 : ;No.: si);}. du. Quarters ... Pnr. North StaffordAl,lre,.. p. ;Do R. Prof. 10/. Sh. Scot. Cent. ,Now Pry ' South Devon fixed,4t per cen' all ' I S. - ,.. , ,astern r.n.) of 'CI Os. Bd, 1O) Do. per c0nt...., 100 Do. Fixed 4i p c sh. ,100 S. Wales Gus.. 4p, all ~ D O. do. 4i p. c.... all IS. Yorksll.4d.c.Guar. all Stock. & Dar. ,5 p. c. 15 , Do. do. do all Stock. & Hartl. g. P. e. till July I,'5P. Kilk.6 pc, 99 - 101 90 -- 92 5 - 54 1 7:: i:i 13 --: I*4 22f - 95 - 97 9f - 91 2i - MINES. 1 all k , ;.7ua aria ........- ... ... 1 all .thglo ..kustrin. Geld ... A. . 10 8 - all nglo Californian i 20 6i knstralian 1 ali Xustralian Cordiller 4 ... .. 1 all N.Te Maris ... ... 1 all Baden (Gd.llvehy of ... ... 60 j all I)lamar. Iron & Coal .. ... 20 14 l lritish Iron • 4 6 35 i 26 ifiracilianlmp.(issued at .t 5 pm.) 30 i all I Do. Comes ,!.., Cuiab 1 _ t'i 20 15 Do. lit. John Del Roy 27 29 1 1 Clarendon Cons. Min, Co. of Jamaica — $p 4) all f2obre Copper 65 67 67 6 5 1 , Jolonial Gold ... St. all Oopper Ulu. of Rug 34 37 25 all ''Do. Pref. 7i p. neat, 25 27 ... 1C clopiapo. .. 2) 92 2 11 PortunA, i id 20 all genc..al l4 —l6 1 all Gt.NuggetVdnEcg. i $ 4i ail (4re.a.t. 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New 2 all Portland Iron C 0..... ... . 100 60 Royal Mail Steam ... .. . ... — 76 i 7 1 -.11 Soot. Austral. Invest 13 13 1 4 Ditto New I 1p 25 all South Austrsl.Lan° "5?5 301 35 al: Submar. Tel. Scrip 4 i 0 al; no. Re,zistarpd 3 4- I 1" 5 Prii , ..-t3z-L.Co.U.Clan. ilOO 254 i *,- DiT,-..5,0. 1., ,, ir,i _ 104 ~ I,„ . V.Go.6p.c.Jan3iJuly ... F 7: .... - 13 - !6 At that hour Lord Pant - Imre, the Duke of Argyll, and the Earl of Harrowby were the only ministers present. On the opposition benches we observed Lard Derby, the Earl of Malmesbury, the Earl of Eglinton, and other leading members of the Conservative party. The LORD CHANCELLOR, at twenty minutes past five, piece° 'e I to lea 1 the Queen's Speech to their lord ships, and when he had concluded, The Earl of GOSFORD, attired in military uniform, then rose to move the Address in reply to 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 moment oc cupied. A short time ago it would not have been diffi cult for him to induce their lordships to proceed with the most vigerous prosecution of the war. He could say that he never had entertained the slightest doubt as to the justness of the war. With a good desire to see that war properly carried on he felt himsel f now bound to say somewhat reluctantly transform ed inte an advoc tte 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 develope our resources. We were now only beginning to shake off the rest and stiffness of forty years of peace. (Hear, hear.) Our immense resources were only just beginning to tell. He felt, however, that we were not at liberty to refuse the p ace fill 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• resign, we could safely, substautielly, 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 pprtant results. He, however, Insisted that those terms of peace must be not only satisfactory to ourselves, bet that they should be so expressed as to leave no room for evasion on the part of our great antagonist. The noble lord then proceeded to re fer to the great achievements in the East, and to the capture of Sebastopol. He thought it was impossible to exaggerate the importance of the recent treaty with Sweden. 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 their 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 he 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 he 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 iu the negotia tions about to be opened, especially as the conduct of them would be committed to the noble earl who had 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 act, there is no desire in our vote this evening to inter fere with that unanimity to which he has referred, er 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 phraeo, 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. j (Hear, hear.) We are 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 eeporieuce has induced us to be perfectly satisfied with the plain and in telligible Enerlieh of the First Minister of the Crowe in conveying his intentions to the house. (Hear, hear.) Bat I must venture to say that of all the documents of this kind that ever cause under my observatjou I never mat 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, 1 sin ignorant by whom the paragraphs relating to the ve.,r may have been framed ; but, if they were the suggestion of my noble friend opposite, to whose department they principally be long, it must have been at the close of one of those. exhaust ing attacks to which he is as I am unfortunately subject —(a laugh)—or under the influence not more exhilarat ing of that meagre diet which is their necesseary accom paniment. (I 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 ecsustoined 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, aeither do we desire that the Speech from the Throne should imitate the long winds lness 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 ideation 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 beau 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 Parliament in the Speech from the Throne, and that some indications at least should be 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 lam 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." Oae 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 accomplished. (Cheers.) I remember seeing it related of an officer that, in reporting to his imine. diato superior the result of a great victory, he couched his despatch in these short and emphatic terms :—" Sir, — Her Majesty's squadron under my command have burnt, sunk, end captured the enemy's ships as per margin." (A laugh.) This was a most 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 meed of praise which the energy and gallantry of himself and of his comrades deserved. Tho present, however, is an 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 pursned—the warm, 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 which from any one would carry cons fort and consolation, but which from the lips of the Sove reign must gratify the pride of those to whom they are 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 yelded 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 thick 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 can do nothing—(hear, hear)—and would have asked you to join in the expressos of a nation s gratitude towards those - brave men who, under that mighty Providence, have been enabled to achieve so important a success. Language 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 barns among your troops, an d would have encouraged them to those deeds of daring upon which such a paragraphas I have read is calculated to the ow a damp. But we are told in the Speech from the Throne that " Since the close of the last session of Parliament Sebasfe• pol, the great stronghold of Russia in the Black Sea, has yielded to the persevering constancy and to the daring bravery of the allied forces ;" and we are now asked to thank her Majesty for giving is this information—infor Precisely at a quarter•past two o'clock the appear ance of the heraldi and men at a7ITIS, accompanied by a long train of officers connected with the I{oyal house hold, announced that the Queen was at hand ; and pre sently her Mak,sty, leaning on Prince Albert, and at tended by the Duchess of Sutherland, as Mistress of the Robee, by the Duchess of Wellington, as one of the Ladies in Waiting, and by several 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 which then met the eye were ever witoes.ed in a single chamber. The bright colours of the ladies' dr,sses, 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 bc,dy, resplendent with stars and orders—all con stituted a picture of that mingled brilliancy and 13.Auty on which the fancy loves to linger. Ferna!e grace and female loveliness, too, were not wanting t 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 band 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. Horsman, S. B. Hall, Mr. Napier, Mr. White side, Mr. Bentinck, and several other members of the Lower House, were ushered, in somewha►c tumultuous order, into their Sovereign's presence. The Lord Chancellor then, on beaded knee, handed the paper containirg the'Royal speech. Her MAJESTY, in a clear and distinct voice, pro ceeded to real 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 Rack 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 offere 1 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 agreed upon which I hope may prove the foundation of a general treaty of peace. " Negotiations for such a treaty will shortly be opened at Paris. _ " In conducting those Negotiations I shall be careful not to lose si,:ht of the objects for which the war was undertaken ; and I shall deem it right in no degree to relax niy naval and military preparations until a satis factory treaty of peace shall have been concluded. " Although the war in wisilh I ant engaged was brought on by events in the South of Europe, my atten tion has nut been withdrawn from the state of 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 engagements ap plicable to his dominions, and tending to the preserva tion of the balance of power in that part of Europe. " I have &so concluded a treaty of friendship, com merce, and n avigation with the Republic of Chili. I have given directions that these treaties shall be laid before you. " Gentlemen of the House of Commons, "The estimates for the ensuing year w i ll b e l a id be fora 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 Gentlemen, "It is gratifying to use to observe that, notwithstand ing the pressure of the war, and the burthens and sacri fices which it ha; 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 d shall not call upon them for ex ertions bey3nd what may be required by a due regard for the great interests, the honour, and the dignity of the empire. " There are many eubjects 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 co mtnerce. _ _ ." 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 attent.ve consideration. "Upon these and all other matters upon which you may deliberate, I fervently pray that the blessing a Divine Providence may favour your councils, and guide 131 9 i 16 i 25 4i 5 91i 1 2 75 4 VI 124. 101 57g s 81 a a 972 99 8/ 9/ 100 91 9oi 2 3 69 4 TO 69i 14 i 49 224 , 3 101 11 ,i 10 I 83 19 181 201 5 i i 231 24i i 2 i 2a cll. -* 6i 95 4i die 91 2uj 20 maiden 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—because unhappily it is not a fact (laughter) —might be derived from the columns of any newspaper. Unhappily it is not a fact. " Sebastopol, the groat stronghold of Russia 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 o f th a t stronghold. You have obtained possession of the southern side of Sebastopol. You have destroyed tho 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 strong 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 allied forces. Although, therefore, I am ready t o coegra t u l a t o her Majesty, as we are invi ted 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 that daring and valour may have been. (Hear, hear.) My lords, I rejoice to learn that the naval and military pre parations for the ensuing year have occupied the serious attention of her Majesty's Government. I must confess that, whatever hope of peace I may have entertained, or may entertain, as the result of these negotiations, I hive 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. Roth those noble lords ex pressed considerable doubt as to the issue of the negotia tions which are now in progress, and I concur with them that, while we should welc ome , an d cor di a ll y we l come, i n the interest of Europe, any peace which would effectually attain those objects for which we originally wont to war, it will be a permanent disgrace to this country if we accept any peace which should fall short of the full accomplish ment of those objects. (Cheers.) I rejoice that, while 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 groat 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 1853 • and I am sure he has not overrated the stedfast, 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 Governmoat for having consented to enter into negotiations, although I may entertain considerable doubt with regent 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 has 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 tho Emperor of the French to employ lsis good 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 sane tion to these negotiations with the Emperor 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 1 fear it is a cor rect impression, will be that, after all, we are virtually applicants to Russia for peace, and that Russia is 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 tolgrant 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 meet disinterested, 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, throughojat 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 more 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 toherassistanco, butnow, forsooth propositions of puce are made to France and England; they are accepted for France and England ; and having assauted to those con diftms, we are—certainly iii corjum:tion with our allies, as we find at the close of the paragraph—droe , eding to discuss them as the foundation of a general treaty. 1 must, say, that this entire silence with regard to betliTuikey and Sat dinia is little consistent with the comity of nation:;, and the relationship in which those countries stand to France and England. lily lords, I commented just now on the un gracious terms in which her Nlajesty has been made to refer to the services of her own troops iu that successful and honourable achievement—the capture of a portion of Sebas topol; and certainly, if such ungracious terms are applied to tboAe whose efforts have been crowned with such an i - portant measure of success, it does not surprise me that her M jests 's Ministers should have found no terms of cow men dation to throw away upon others whose sufferings !rave been net 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 Briti•th officers can achieve when iu command of foreign troops. My lords, are there not those whom a word of preise 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 roach the prisons to which they have been doomed by a not ungenerous 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 risen 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 l—(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 more 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 grauted, showed that he knew how to appreciate an enemy's valour and fortitude, even when unavailing. (Hoar, hear.) Fortunate, indeed, was it for the gallant garrison of Kars that they hail to deal with a Mouravieff, and not with a Coronioi. (Hear, hoer.) 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 fo: the purpose at once of insulting an oily and baw ling on the misfortunes of an exile. Yet, my lords, if on the conqueror of Kars, and still more ou 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 chains te 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 unsucceured, and even ititavenged. My lords, I know not to what influence we may ascribe this fatal disaster. But I have hoard a rumour which I will mention, in order that the Government may, if pos sible, meet it with the promptest, fullest, and most ex plicit denial. I have heard it whispered abroad that white 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 eras the qutrter from which qoi! stantinopla had most cause for apprehension, remind ingandhesast him that in the fatal years 1828 and 1829 t he bons treaty of Adrianople was hardly less i!,tarrio Europ e an bid to the advance of the Russian troops upon :w h n i e o l e a f ull tnl( auras ae of Turkey than to the successes of Pask vieff at Kars and Erzerourn. While nly of urging these considerations upon the a tte ntion Govern. wl:essnneghlaeredtelyd credit ibat,ndthoante(tiliti: ment, it is alleged, thoug t h m i s erabl Je alousy interest b ts e oo t fwt Turkeyhe weer en coa s t o h a e t ta wnt: and important strategical pos it fate because of some great allies—some paltry fear that we should be suspected Asia, f i sZ t k o i n r g r , om un o te s r the allies, but our osvn and exclusive interests. If cover t t eoolfataeud expedition conjoint this impression that has gone abroad were in any degree well founded, I should look, my lords, upon the prospects of peace for Europe with the utmost alarm and dismay ; I should see in this circumstance a convincing proof that, whatever the alliance which I deem so invaluable and on w hi c h I set such vast store, may be in name, it is nothing in substance—that there is no real alliance, no cordia co-operation between the two great Powers the union of which is indispensable to the wellbeing and tranquillity of Europe. I should blush, my 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. At the 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 au un worthy and unfounded mistrust would not only bo dis graceful both to Franco and England, but must tend to paralyse our efforts ; while for us to yield to it would be doubly humiliating and degrading—(hear, hear)—and, if I could for one instant "believe that there was the slightest j ground for anything so derogatory to the character of both nations, I should eay then that we were reduced to the '~' l ~c4..S~aity' - ' ~r.. - _ ~ +.~ miserable position of submissieely and obsequiously follow. ing in the wake of France, instead of standing lathe manly attitude of complete equality with her, and acting iris friendly and honourable concert with her both in arms and in council. (Hear.) I hope and believe, therefore, that her Majesty's Government will be able to give the report* on this subject the promptest and most uncompromising contradiction. (Hear.) My lords, it has a l so b een s t ate d 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 h a d repea t e dl y app li e d f or to her Majesty's Ambassador at Constantinople. I have the very highest *ohm of the services that have been rendered to his country by Lord Stratford 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 and will not believe, until I have had the most indisputable evi• deuce of it in writing, that he has so far forgotten what he owed to his Sovereign and her ally 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 sir country's arms. Doubtless my noble friend the Secretary for Foreign Af fairs will feel it to be his duty to la,y, at the earliest mo ment, upon the table of both houses of Parliament a state ment of all the circumstances that relate to this disastrous abandonment of Kars. Let the blame lie where it may, this country has a right to know on whose shoulders it properly rests. (Hear.) It will not do to cast it upon this or the other pasha. (Hear.) It will not do to attribute it, for instance, to the dilatoriness of Selim Pasha, who hav ing at 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 Erzeroum, instead of endea vouring to relieve Kars in the face of a very superior farce. 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 wield the means of transport ware easily attainable, no me: sores were taken to relieve that fearless and gallant garrison which, as has since been ascertained, were invin cible except by famine. My lords, I do not hesitate to assert that there is a prima facie case of grievous charge against her Majesty's Government for neglecting to see to the provisioning and sup; lying of Kars while tho commu nications were open, and 1 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.) Daring 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 pre. pared and disciplined for every service of war, and who would be available in a very short period for any purpose for 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 become of the money that eras procured under the terms of that loan ? What has be•erne of the Turkish Contingent which, having been embo lied slowly and 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 Enpatoria, where they were powerless for the relief of the distressed garrison and of no possible advantage to the common oauee ? (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, aro 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 au 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 having sacrificed a gallant army, abandoned an important post, and permitted the occurrence efa calamity, which, though thanks to the heroism of that devoted band it has not yet dimmed' the lustre of our arms, has not given to the enemy a cause of exultation, and filled the heart of the British nation with the most painfal emotions. (Loud cheers.) I have deemed it within my province, as a mem ber of your! ordships' house, sad 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 say or e single word either with regard to propositions which maS , be under discussion, or with reference to those terms eat' 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 no 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 scmewhat uto pian projects which, as I understand, have obtained the approval of a noble friend of mine en the opposite benches, nor can I et all commend the idea that the war should be meta oral with a view to the relief ref oppressed nationali ties. (neer, end a laugh.) I trust that your lordships will view the gee:Lieu in the earner light--;bear, hear)—and that you will not give any such 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 thee r were the objects of the war—to secure effectually the inta ray and independence of the Turkish empire, to include that empire as a component part of the great Eu ropean system, and to take ample anti decisive measures to curb the unjust ambition and to repress the territorial ag 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 net I shall be satisfied ; with less than these, se curely obtained, neither I nor, as I think, the country will ever be contented. (Applause.) With regard to the details of these arrangements I for bear to say a word. Nay more, I em prepared to give her Majesty's Government this as surance, that during the course of the deliberations 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 com ments, suggestions, or observations which can have 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 de I so in 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 Crown. He 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 the Sove reign and the country. To him is committed the conduct of affairs, and ho is in a position to bind irreversibly both the Sovereign and the country. Such is the part which the constitution :1831 , 711S to the constitutional Minister o f 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 eourse which he may think most consistent with the end to be attained. When the bef the th d e a ey;ilb n if t in practice we depart from it. it is the Minister has performed his task (Applause.) This, t T ho hi d s, ut l y a o lu w of Parliament to signify its approva l or con demnation of the policy he has pursued and of the measure s he has taken to e aware,ivte h effecteo isy r of not to thethe that pop ulpolicy. aconstitution,r d octrine and ill (Hear, hear.) Therefore, though I grieve to say that I cannot entertain for the Go vernment those sentiments of confidence with which the Sovereign honours them, and which the majority of the 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 f . their proceedings until they shall have brought us to one of two issues—a durable and ho nourable peace, or renewal of a just and necessary war. (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 pa ragraph in the Royal Speech run thus : " In conducting those negotiations I shall be 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 relax my naval and military p re paratienshntil a satisfac tory treaty of peace shall have been concl ti dpd 1 confess that the alteration of a few lett ers would have been much more satisfactory to me. I trust that it is net the intention of the Go v ernm ent to grant a suspension of hostilities. for which n th. early months leto t he An enemy.ariei armistice • `have been made. to secure the advantages for _ s eh immense pre ( ear.) I trust, above all parations things, that the Government will consent to no armistice trust, indeed, that the Government will consent icelnofthaenyCrlmeserearipit bY s ' a • • wha te ver. a ffords him the opportunity of moving his forces from point to point, of reinforcing ana.provisioning Sebastopol; while we om • selves, having now the command of the sea, t tioo n n o is ar o n n i l i y str e a rvicoab get no advantage whatever from the armistice, but, on the contrary, are tied down to the places we actually occupy. Lot there bo no armistice. I trust that before six months are exnired, her Majesty's Government will have settled the question of peace or war. Russia desires nothing more than the means of enabling her to recruit her forces. The next paragraph in her Majesty's speech is expressed in ra ther a singular manner, but although I do not mean to quarrel with it, I cannot help noticing the geographical 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 withdrawnfrom the stateof things in the north, and, in conjunction with the Emperor of the French, I have concluded with the King of Sweden anti Norway, a treaty containing defensive engagements applicable to his domieions, 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 Norway and Sweden, I believe from what I can coll ec t ect from public information that it is one of a satis f ac tory character. (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 with should do were I to un. them very much in the manner I sir h s resides within short dertake with my neighbour who him in the expens e o f dis tance from me, that I should join watching and guarding his house, if he would door. promise me not to let the burglar in at the b ac k- (Rear, and laughter.) I might, were I to have a sight of the treaty, perhaps learn tha t it went furthe r tha n that by probably some secret article which it contained . (H ear.) The if do not attach so house will °mins° me I Much importance to the other treaty with Chili, and on which so much stress • has been laid. B a t whilst her Majesty', n a i a d wa s engage d in her geographical inquiry relative to the north and the south, it would have been more satisfactory to me to have been informed of what impression had been made on her Majesty's mind with reference to the east and west. (Hear, and laughter.) I should have liked to have heard heir Majesty's oninion 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 as something irregular, that no sort of notice should have been taken of our foreign relations with other friendly Powers than those in the North. (Hear, hear.) I should like to have heard something about Herat and the Cabinet of Wash ington, wore especially as our relations with the Shah of •~_.,...5_~. r•~ - 1 , 1 94 lh 4 }••• E