The Sun. — London, England, 1854-05-09 00:00:00

'ncertaia pril 6 39 May 1 Daily May 16 May 16 IMarch 26 lAprfl 26 Tu.Tb.Sst. ,May 1 April 30 i 30 ITWicedallf TwicedallY May 6 May 1 !June 1 Illaik7., May . 16 May 20 !April 29 29 IT„yricedally IMay 16 May 16 :Aprll 6 (April 29 !April 26 .June 1 May 2 May 1 Uncertain. Ma.y 2 May 6 May 1 May 2 'May 2 I,May 1 May 16 Us will be a Indim, via itched the Letters ments in ip, !Lace now the ;resit im' l a. S. and ices( lilly. Teo pos.. los, with I moons, me tele- Ee miles 4 miles. • powers luable, .t- pocket I I e seen p•T Irpose tr 3 r sea l. They ti) sg, to onYer e f ra ul L 2 miles Ay they emery ;e(I, de an d. ori ►ni c Vi- nv - anted o there, or pro -1.0 came ea deaf bli c as oia es in B a mist "l- greet, est corn. ;c1 in the 1854. 's 3E4 ma. nfe ip ned r bands. ,ht stir tal. I a pitting Conatt ig that laid out I havo tlnd despair, tough to raven be eapaired ill right, itcquain chant." instruc. nper re. free, on Regent rajesty et ; 49 `nant- 1 Lady tehire, ;ant's- a Ste rdeen• lenry GREAT -WESTERN RAILWAY.- CHESITR RACES.—GRAND CUP DAY, May 10th.—An EXPRESS EXCURSION TRAIN will leave Paddington on TUES DAY, May 9tb, at 5.45 p.m., to reach Chester at about 11 45 p.m., back, and 40 , 5. and 30s. wl l retunion the following day, at 5.20 p.m. — Fares t here and ItANK OF BRITISH NORTH AMERICA. , Incorporated by Royal Charter. The Directors of the Bank !!Itrit.sh North America do hereby give notice, that the YEARL Y GENERAL MEETING of PROPRIETORS will be held ursuant to the Deed of S e ttl emen t, on T ues d a y, the 6th June next, at the at ce of the C orporat i on, 7 , st . H e l en ' s -place, Bishousgate-street, roomo'clock precisely, when the election of three Directo rs, in the ,of those going out ' by the provisions of the Deed , w ill take Pace, By order of the Court, G. DE B. ATT WOOD, Secret ar y . London, Bth M a y, 1854. INTENTIONS IN LETTER-PRESS PRINT co,, I N.G. - -Types which arty 111111, woman, or child can compose. A fie l o,'' , four times quicker than usual. IDLY COMPO,ING. p re , e _'UNl 3 -P.OLLER: beyond comparison superior to those at Present employed. Costle4s 'I ypes for the Blind. Types covered p w ri n n n ei various metals, Printing Ntachinery on an absolutely novel. EN Pe ,„' ,P ° 'verfill, compact, &c., &c., &c. The Inventor, Major a pu„"" will m , Ite good the above cheering announcement in nLICI LECTURE, at Willis's Rooms, on WEDNESDAY, May c 7. l t 8 o'clock in the Evening ; the Right lion. TLIO 4AS MILNER Ticket", rn °N, M.P., in the Chair. Admission, free; heserv ed Seats, by t", to be obt a i ne d at t h e Offi ces of the Patent l'rint in g Co rti r vi at Y , L ,' e 5, Waterloo-place, Pall mall, and 31, INic h o l as .lane, City, pamphlets may be procured. 1 111 E PATENT PRINTING MACHINERY u•sionall P ro .,, a nd PRINTING CONIPANY.—BENIOWSKI S PATENTS. ta, 3' Registered. To be incorporated u nder the 7th and Bth Capi t Victoria, c ap. 110. 130,000/. . in 65,000 shares ' of 21. each. It. to be paid on - Ap..,, m allotment, with power to increase it to 250,0001. Pri ee T!2A l for Shares, in the usual manner, to be made to Mesrrs. tor to .re Sleaden, Esq., St. B :fu Brown, 'Change-alley, Cornhill, Brokers to the company ....._ a air Shares the Company 14, Parliament-street, Westminster , , Solid-- Mac e --roPany ;or at the offices of the Company, 5, V. Pall-mall,aterloo catio:., wad 33, Nicholas-lane, Lombard street, No appli will be received after the Ist June next. nu/ - AL AGRICULTURAL SOCIETY OF ENGLAND. LECTURES AND GENERAL MEETING. Open to the admission of all members of the Societ y . WEDNESDAY. May 10, at Twelve o'clock, Professor WAY'S Lecture : "On the Progress made in the Mairmacture of Artificial M anures ." `` E 'Ar. May 17, at Twelve o'clock, Professor SIMONDS' Lec ture ‘. On the particular indications of Age in Ani mals, as furnished by the structure of the Teeth and the general developments of growth in Cattle, Sheep, llteN bAv and Pigs," " atay 2/, at Twelve o'clock, GENERAL. MEETING Of the WeD str , Society. 'AT. May 24, at Twelve o'clock , Pr ofessor SIMONDS' Lee- NVg bxl ture, continued and con - laded. "AT, May 31, at Twelve o'clock, Professor WAY'S Lecture : "On the nature and use of Peat Charcoal, and other deodorising substances, in reference to Agriculture." At the Society's House, No. 12, Hanover •square. By order of the Council, Londe JAMES HUDSON, Secretary. May 3, 1854. BARON LIEBIG on ALLSOPP'S PALE ALE.-" I am myself an admirer of this beverage, and my th e 0 `aPerience enables me to recommend it, in accordance with able 'Linden of the most eminent English physicians, as a very agree ltiyabr efficient tonic, and as a general beverage, both fa the ALLZI robust.—Giessen. May 6. TIN/ NI , P S PALE ALE ONLY is BOTT D LE by PARKER and Rter Merchants, 514, PALL-MALL. (fr ti '''‘lAL MEASURE. - Quarts, Bs. • Pints, 55.; Half-pinti neh eon), 3s. per dozen, Also in ' Casks of 16 gallons and wards, CONTRACT FOR RUM. De partment of the Comptroller for Victualling and Trans p ort Services, Somerset-place, s th May , 1854. THECommissioners for Executing the Office of and I mrd High Admiral of the United Kingdom of Great Britain insturteland, do Hereby Give Notice, that on THURSD AY, the 18th n , So 'at One o'clock, they will be ready to treat with such `o her may be willing to Contract for supplying and delivering, r Majesty's Victualling Stores at DEPTFORD — W hen to be de'ivered. Half in three weeks, and the re - Di .• . . Gallons ' mainder in three weeks after• • • 20,000 Z wards, or earlier if preferred by the party tendering. The ten d .,., ' , urn to be exempted from the customs duties, and parties T4 d ln g are to state where it is lying. total era will be received from any firm for any portion of the s quantity not less than 2 POO gallons. Dolta Plea of the Rum to be sent in pints for each import mark , and e av erage a v strength of each mark ex to be star ed, and and av erage cf different marks or strengths of several imports, mar Parcel of 11... m that is found not to be of the same qualify, be r or average strength of the sample tendered and accepted will „,p eeted by the officers. are 'ne samples produced by persons whose tenders a not accepted t r r , e ciested to be taken away by them immediately re after the con ae. have been decided. , t fic! tender will be received unless made on the printed form prO in'43.ea for the purpose, and which may be obtained on application fi t ,.,,`" a _ said Office, -r to Commander Bevis, conducting the Packet .e at Liverpool, or to the Collector of Customs at Bristol. It ae conditions of the revised coatract, to wnich particular atten ,?." 13 called, may be seen at the said office, and at Liverpool and l'rlstol. No tender will be received after One o'clock on the day of !ratty, and it will not he required that the party tendering, or an l i g . erit on hi s b e h a lf , shou ld atten d a t the ffice on the day of con tlet, as the result of the offer received from each person will be cn "" , flitinicated to him and his proposed sureties in writing. Every tender must be addressed to the Secretary of the Admiralty a nd. bear in th e l o ft-h an d corner the words " Tender for Rum," and m ust? also be delivered at Somerset-place. ESTABLISHED 1841. I[EDICAL, INVALID, AND GENERAL LIFE OFFICE, 25, Pall Mall. Since the establishment of this Society, 5,074 Policies have been sued for 2,090,0291. with 90,3n5 of annual premiums. Two Bonuses have been declared (in 1848 andlBs3), adding nearly Per cent. per annum on the average to sums assured, and by which a Policy of 1,0001. issued in 1842 on a healthy life is now increased to 1, 2601. Profits divided every five years. d iseased are effected at home or abroad on either health y or ''''ased lives, at as moderate rates as the most recent data will P olicies issued free of Stamp day, and every charge but the ~, turns. 1 1Yg e niff anted for vacant places. ta 4 7:7 6 e . , Forms of Proposal, and every other Informati on, tio , ~ a obtained of the Secr e t a ry at the Chief Mice, or on applies ' any of the Society's Agents in the country. F. G. P. NEISO NI, Actuary. C. DOUGLAS SINGER, Secretary. 8 131\ T LIFE ASS URANCE SOCIETY tou„, London. OF PROFIT INCREASED FROM ONE-HALF TO F 0 U R-FIFTHS. nto_licies effected with this Society after Midsummer, 1850 , and re - PAi l o n g l ll force at each septennial period of division, will bg IN FOUR-FIFTHS of the Net Profits of the docietY ac RTI: cru tll%—e'r Midsummer, 1858, in proportion to their contributions to Prospectus. profits, and according to the conditions contained in the 1/() , r ei h ety g tre inelniums required by this Society for insuring Young Lives it rt fTer than in many other old-established offices, and Insurers clitio'uY protected from all risk by an ample guarantee fund, in ad tret,34lPra_the accumulated funds derived from the investments of °. Stamp paid by the Office. Lead2eetuses s titiy be obtained at the Office in Threadneedle - street , u, or of any of the Agents of the Society. CHARLES HENRY LIDDERDALE, Actuary. AVESEND ST AR PACKETS. Otk Thep' P ackets call at the Grays, Greenhithe , and Purfieet Piers. Packets call at the Piers as underlined (weather permitting) FRO: Ter ra , Pier. a quid, lad hilst infe spring corn old 67s to new 57s to ; grinding, ) 681;; oats, 478 to 493; is, tick, 403 Is to 433. est samples Ls are with of all arti- 766 to 888; 34s ; beans, 483 ; peas, ;., received )orb s, from mi . :, which as 6 week's trti3ihanged. Beans. Os Od Os Od Os Od 54s Od. 'roznloBOd ling • do., Os 0 , to 8s ket s-- &c. s. d. ........21 0 ~.I9 6 21 0 ........20 0 ........20 0 .......21 0 6 ........19 0 y ....19 6 ....,..41 0 -30 0 Post-* TN) When due in Eiwiand. iEach. Mon• May 10 ',May 4 May 29 ,June 4 TERRACE PIER, GRAVESEND. Time. SUNDAYS. 7Y4 8(a 114 1 3% D irect Trains from the Boats marked t eve;illbuses from Fenchurch-street Station to all parts of London Ith u ,quarter of an hour. swICK. WtIARF. BLACKWALL, on the arrival of the fol lowins Trains from the Fenchurch-street Station. te n . cher eb 1 Street Fen church Street. P assages marked * are run direct. Fore Cabin. To or from Gravesend and London-- •• •• 10d. •• Gravesend and Riaekwall or Woolwieh Bd. •• between Gravesend and Intermediate Piers.. 6 d• •• Saloon. Is. 2d. Os. 10d. Os. Bd. ROAN TICKETS.—TweIve Months, 5;. Os.; Six Months, 31. Os.; Three Months, 21. Os. ; to be had of the Collectors on board the Packets; or of Mr. Monk. Terrace Pier, Gravesend. ~..Past and superior Packets to be Let f or E xcurs i ons . Apply to 4 ar. W. M orga n, Agent, Star Company, It teet Terminus, Blackwell Railway. Star Office, Fenchurch -4ri123, 1854. BLIC CONFIDENCE.— IPillt U natter F s but little how the Russians may act in defiance of anee ; public confidence is not be shaken; %Ye and r , national!',l one is forthcoming for any event; the eagernessto invest on quite unprecedented. This is principally the re isolr security is commercial greatness and the justice ~ f our public tran eactiOo,,°ur pr n iia The long - tried , , and s ES inspired and SON is the precedent of all , lor led business of E. f trade. That confidence will be oonzarne imp_ rovements, and has agr ter amount of public r„ nee than any other Plans u terials and des*gns, and I;brebsustained by their Present Stock of Spring and Summer Attire, is .as it combines every novelty the most seasonable Dress for Juvenilesinm'and A dolts of all classes, theg such economical P their purchases or orders at cost of war will be fully refunded rices that each individual's share in Ord'sstreet, corner of Hart-Irreet. E. MOSES and CO , and soN's Establishment, orbytheir West-end Branch, Ox sox fidence of success hasw,ropelled the energies of or It. in „_, ev ery branch of their maw ificent business : a tart a d and in the Order 1 /0 ,noiy.made Clothing, Hat and Cap, Boot an i d )e S p h art oe m . e . n h t i s, it n is 2ierv, or gigantic Who esale and Outfitting ence, though it is p i ft urult to say which first inspires pub ic contid ever known ; and bg 4 they all possess it to a larger extent than r4osillneriority, fashion, novelty, variety, and E MOSES and Solved with punctuality and undeviating attention , public Confidence. are determined to keep the first position in , and 000 t and ascheapness, accom ph,„ Mons and SON'S Wholesale Clothing, Shirt, $l l l - D epartments furnish the greatest advantages ~PPera, and Emigrants. the k i `OUTION.—E. MOSES and SON regret having to guardn-like to Merchants, r ah u ,e against imposition, hosing learned that the untr es " It's th e e tloOd of " Being connected with their Establishment," obvj a4l e Concern," has been resorted to in many instances, or sUl ..,ells reasom they beg to state that they have d for .o CONNEXION WITH ANY OTHER HOUSE IN OS OUT OF LONDON, 1 . except their own Establishments, AS follows : . 85 -4 " , don City Establishment, 154, 155. 156, and 157, Minories, 84 L a l, d 86 , Aldgate, opposite the Church, all communicating. 'neon West-end Branch, 506,507, 501. New Oxford-street, 1,2, 31 ' 4 3 , Hart-street, all communicating. it .. rad tord (Yorkshire) Branch, 19 and 20, Bridge-street. '`,,leftield Branch, 35, Fargate. Merchant Branch, Melbourne, Australia. si.slerthant Tallozs Clothiers, Hatters, Hosiers, Furriers, Boot and '''e Makers, and General Outfitters for Ladies and Gentlemen. 111PO RTANT.—Should any article not give satisfaction, it will be I ::r"anged if desired, or , if preferred, the money will •be returned _ J ho ut hesitation. All goods are marked in plain figures, the lowest P I Z, trom whi ch no abatement can b e ma d e . , ne Establishments are closed from sunset on Fridays to snout 1 ' ul l'ilaSs, when hu,ino.c la resumed till 12 o'clock. _.,:k n cw Boo:: with illa , tration , , utititicl" The Echo of Public Opi null n," conta.niug lull lists of price=, out system of self-raoasure "lt. &e.. &C. may be had on application, or post - free. A handsome ' Almanac for the year ending 1854 can be had, gratis, 011 a l , Plication. Dal l'on pule Francais. Qui fSi parla Italian. air Ifdat PlakDOlitial. Mutt io habla Emu, ......, . N 10m IN 1214 2 414 14 514 ....___ N o , 19,226.] THE FIFTH VOLUME 05 NOW READY, Price only is. 6d. bound, With portraits, of the CHEAP EDITION of MISS STRICKLAND ' S LIVES of the QUEENS OF ENGLAND. Comprising the Lives and Portraits of Anne of Denmark, Queen of James 1., Henrietta Maria, Queen of Charles 1., and Catharine of Braganza, Queen of Charles 11. Published for Henry Colburn,by his successors, Harst and Blackett, 13, Great Marlborough-street. NEW EDI rioN OF BURKE'S PEERAGE. Now ready, in 1 vol., with 1,500 Engravings of Arms. THE PE ERAGE and BARONETAGE, For 1854. By SIR BERNARD BURKE, Ulster King of Arms. New Edition, Revised and Corrected to the present time from the personal communications of the Nobility, &c. In thi , comprehensive and authentic record of the titled claw_ es, the memoirs of the vari , ms noble and baroneticat families, traced through all the vicissitudes of English history, throw much light on our annals, and are all-important to the historical re ader. Every tact illustra tive of a family's rise, every achievement shedding lustre on the race, every detail tending to the full development of the genealogical nar rative, are here combined. No descendant is omitted—however remotely connected, his ancestry may here be traced. In addition to these family histories, which form a perfect record of the nobility of Great Britain and Ireland, this edition has many other interesting features. Among them are the fol lowin g : --I. A Genealogical Account of the Royal Family, traced from the earliest period, and accompanied with a list of those Peers who are entitled to quarter the Plantagenet Arms. 2. British Subjects enjoying Foreign Nobility. 3. Extinct Peerages of which descendants exist. 4. Peerages claimed. 5. Orders of Knighthood and Knights Bachelors. G. An authorised Table of Precedence, &C. Published for Henry Colburn, by his successors, Hurst and Blackett, 13, Great Marlborough•street. NEW NOVEL BY THE AUTHOR OF "CHARLES AUCRESTER COUNTERPARTS ; or the CROSS OF LOVE, Three Yols , Fost Bv., is now ready, at all the Libraries. London : Smith, o Elder, and Co., 65, MR. RUSKIN'S LECTURES ON ARCHI TF CTURE AND PAINTING, are just published. With 15 Plates drawn by the Author, crown Bvo, price 88. 6d. cloth. London : Smith, Elder, & Co., 65, Cornbill. ANNOTATED EDITION OF THE ENGLISH FOETS. Now ready, Three Volumes, containing 904 pp.. Foolscap Octavo, 73. 6d., bond in cloth, DRYDEN'S POETICAL WORKS, in luding the most complete collection of his Prologues and Epilogues hitherto published. Edit d, with a Biographical Memoir. containing New Facts and Original Letters of the Poet, now printed for the first time, with Notes, Critical and Historical, by HuBERT BELL. London : John W. Parker and Son, West Strand. Just published, New Edition, price Is., THE CURABILITY of CONSUMPTION ; being a Series of Papers, presenting the most prominent and important Practical Points in the Treatment of the Disease. By FRANCIS H. RA.SINDGE, , Fellow of the College of Physicians, late Senior Physician to the Royal Infirmary for Diseases of the Chest, Sec. Also, by the same Author, A TREATISE ON A.S CIIMA. and DISEASES of the HEART _ _ London : Longman, Brown, Green, and Longmans. SALT and CO.'S, EAST INDIA PALE ALE. In consequence of the REDUCTION in price of Hops, the 6s. per barrel advanced on this Ale in October last, is taken off. BURTON-ON-TILENT, MARCII 27th, 1854. STORES. London •• .. 22, Ilungerford-wharf. Liverpool 52, Henry-street. Manchester .• •..... 37, Brown-street. Birmingham •••• 261, Bull-street. Bristol ....•• ........ Back Hall, Baldwin-street. Nottingham •• ...... 44, Greyhound street. Dublin .. •• •• -..... 4, Crown-alley. Edinburgh Dundee •• •• .......... 13, New Inn Entry, High-street. GLENFIELD PATENT STARCH (used in her Majesty's Laundry), and WOTIIERSPOON'S Machine made CO NF I lONERY. MARMALADE, JAMS, JELLIES, &c. (which gaMed the Prize Medal of 1851), may be had of all grocers; wholesale of Wother , p , _ mi. Mackay, and Co., 66, Queen-street, Cheap side, London, and Robert Wotherspoon and Co., Glasgow. THE BEST FIT WEARS BEST. " Costly thy habit as thy purse can buy ; But not expressed in fancy ; rich, not gaudy ; For the apparel oft proclaims the man."—SHAKSPEASE. HEMIIENT and CO., Practical Tailors, 73, Cornhill. ITEMAIENT and CO., Tailors, 73, Cornhill, study the peculiarities of every figure, and, by satisfying its requirements, invariably produce a garment, whether a Lady's Bid ing Habit, Mantle, Cloak, &c., or a Gentleman's Coat, Trousers, Waistcoat, &c., that is specially suited for the purpose it is intended to serve, economy and quality being duly regarded.—Liveries. THE CHOLER A!!! Prevented by the destruction of' all noxious effluvia. CREWS'S DISINFECTING FLUID. RECOMMENDED BY THE COLLEGE OF PHYSICIANS. THE CHEAPEST AND STRONGEST CHLORIDE OF ZINC. Quarts, 2s. ; Pints, Is. ; 6d. Sold by all Chemists, Druggists, and Shipping Agents, and at Commercial Wharf, Mile End, London. Agents—Messrs. Dim, ll:3rward, and Barren, Bush lane, Cannon-street, City. ALLSOPP'S PALE or BITTER ALE.— Messrs. S. ALLSOPP and SONS beg to inform the TRADE fiat they are now re;istering orders for the March Brewings of heir PALE ALE, in Casks of 18 Gallons and upwards, at the Brewery, Burton-on-Trent ; and at the undermentioned Branch Establislunents:— LONDON, at 61, King William•street, City; LIVERPOOL, at Cook-street; MANCHESTER, at Ducie-place ; DUDLEY, at the Burnt Tree ; GLASGOW, at 115, St. Vincent street ; DUBLIN, at 1. Crampton-quay ; BIRMINGHAM, at Market Hall; SOUThI WALES, at 13, King-street, Bristol. Messrs. ALLSOPP and SONS take the opportunity of announcing to Private Families that their Ales, so strongly recommended by the medical profession, may be procured in Draught and Bottles Genuine from all the most respectable Licensed Victuallers, on "ALL ,OPP'S PALE ALE" being specially asked for. When in bottle, the genuineness of the label can be ascertained by its having "ALLSOPP and SONS" written across it. TRIESEMAR, protected by Royal Letters Patent of England, and secured by the Seals of the Ecole de Pharmacie de Paris, and the Imperial College of Medicine, Vienna. TRIESEMAR, No. 1, is a remedy for Relaxation, Spermatorrhcea, and Exhaustion of the System. TRIESEMAR, No. 2, effectually, in the short space of three days, completely and entirely eradicates all traces of those Disorders which Capivi and Cubebs have so long been thought an antidote for, to the ruin of the health of a vast portion of the population. TRIESEMAR, No. 3, is the great Continental Remedy for that class of Disorders, which unfortunately the English physician treats with Mercury, to the in evitable destruction of the patient's constitution, and which all the sarsaparilla in the world cannot remove. TRIE 4 ,EMAH, No. 1,2, and 3, are alike devoid of taste or smell, and of all nauseating qualities. They may he on the toilet table without their use being suspected. Sold in tin cases at I Is. each, free by post, 2s. extra, divided into separate doses, as administered by Valpeau, Laßemand, Roux, &c., &c.—To be had Wholesale and Retail in London of Robert John ston, 68, Cornhill ; Hannay and Co., 63, Oxford-street; and Sanger, 150, Oxford-street. ON THE PHILOSOPHY OF MARRIAGE, AND THE SECRET INFIRMITIES OF YOUTH, MANHOOD, AND OLD AGE. Just Published, 60th Edition, price 2s. 6d.. or free by post for forty two stamps, SELF-PRESERV AT I ON a Popular Treatise on the Physiology and Functiorizi of 'liar riage, with its Disqualifications and Impedimenta, tracing their origin to the effects of solitary habits, youthtul excess, tropical climates, or close study ; followed by practical remarks, founded on twenty years' experience in the treatment of Impuissance, Nervous Debility, Local Weakness, Spermatorrho3a, and all diseases of the Urinary and Generative system. Illustrated by 50 coloured Enerav ings, on the Anatomy of the Reproductive Organs and their relative conditions in Health and Disease. By SAMUEL LA'MERT. M.D. 37, BEDFORD-SQUARE, LONDON; Doctor of Medicine, Matriculated Member of the University of Edin burgh, Honorary Member of the London Hospital Medical Society, Licentiate of Apothecaries' Hall. London, &c., Sze. The essential object of this treatise is to point out the fearful con sequences resulting from certain habits, irregularities and excesses, which have produced more misery in Youth, degradation in Man hood, and premature decay at all stages of Life, than, perhaps, any other class of disease known to modern pathologists. Its peruse is particularly recommended to persons entertaining secret doubts of their physical condition, and who are conscious of having hazarded the health, happiness, and privileges to which every human being is entitled. It is absolutely necessary thatall men should know, that there are principles of personal management which cannot be violated without incurring grievous penalties, and when wisdom and regret succeed the heyday of inconsiderate self-indulgence, how these penalties may be mitigated, bow the sting of their bitterness may be removed, and how the evil and its consequenc es may be avoided, and above all, that there is scarcely any degree of physical infirmity or functional d e rangement to which the timely aid of science cannotn apply a cure. The Author has for a se ries of years been engaged I an extensive practice in the treatment of these delicate complaints, which are unfortunately teen too generally confided to the care of ignorant empirics, who inflict great In on those who are induced to p lace faith in ',heir pretensions. SELF-PRESERVATION may be had, price 2s 6d, in English, French, Spanish, Dutch, Italian, or German, of Messrs. Piper, Brothers and. Co., 23, Paternoster-row; Hannay, 63, Oxford-street ; Mann, 39, Carnhill ; Starie, Titchborne-street, Haymarket; or free by post for forty-two stamps, to any address.from the Author's resi dence, 37, Bedford-square. At home for consultation daily from Eleve till Two, and from Six till Eight. All letters must contain the fee of 11. ON THE SECRET CAUSES OF SELF-ACQUIRED LIISEZIES CONTAINING THE AND DISAPPOINTED HOPES. T S R ia z Lan REMEDYg us. g THE SILENT FRIEND. e-S F 0 -- u r r i t R t l E il v t E h N E T d w i ti t : o n ; illustrated by DOWN, One Hundred Anatomical Coloured Engravings and New Edition, Cases. enlarged to 200 pages, price 2s. 6d., by post, from the , Establishment, 3s. 6d. in stamps, CELE SILENT FRIEND, a Medical Work on the exhaustion excessive indulgence, the and physical decay of the system, produced by mercury, withconsequences 01 infection, or the abuse of directions lowed by observations on for the use of the preventive lotion, fol lowed it. Illustrated by arriage, and the disquali fi cations which PERRY and CO., Consu lting 1 00 Coloured Engravings. By R. and L. Oxford street, London. publishedn Surgeons, 19, Berners-street, Ow, and sold by Hannay, 63 by Sherwood and Co. 23, Paternoster -146, Leadenhall-street ; , 9 rd Sanger, 150. O xford-street; Gor don,Bow Church-yard; Butler, 4, dh Farringdon-street ;W. Sutton, 10, pmer I. treats of the anatomy eapside ; R. Johnson, 68, Cornhill. organs, and is illustrated by 28 and physiology of the reproductive PAST 11. treats of the consequences Coloured Engravings, in dulgence, and their lamentable effectsf.e . sulting from excessive Mental and bodily weakness, nervous ex c it ement, the system, producing focapae ity. Illustrated by 10 Explanatory and generative PART 111. treats of the diseases resulti ng Engravings.fre from infection, either in the primary or secondary form, and contains explicit directions for tLeir treatment. This section is illustrated by 62 Coloured Engrav logs. P E RT IV. contains a Remedy for the Prevention of Disease by a simple application, by which the danger of infection is obviated. P A RT V. is devoted to the consideration of marriage and its d uties. alsoired s ide , and the whole red subject critically a nd philosophically inquto. The cancel of unpro ductive union are THE CORDIAL BALA Or SYRINCUM is exclusively e m pl oye d In treating nervous and sexual debility, impotence, &c., 1 Is. and 335. per bottle. The Concentrated Detersive Essence, an antl-syphilitie remedy, for purifying the blood in cases of infection, secondary symptons, eruptions, and the abuse of mercury, 1 Is. and 335. er bottle. Perry's Purifying Specific Pills, 2s. 9d., 4s. 6d., and its. 1 per box, a certain remedy for gonorrhma, gleet, stricture, and canonic innanmi 'tic, o' !Iv: bladder. Con sultation tee, if by letter, il A minute detzil et the u..-4e 15 'required : age, habits, arid post. tion in society. 5/. Packets, with advice, to be had at the Establish ment only, by which the fee, 1/., is saved. Messrs. Perry, Surgeons, are in attendance, daily, at 19, Berners-street, Oxford-street, Lon from - don, from Eleven till Two, end Five to Eight; On 81114 1 7 Elam to Om < _) /-_ .• -41111 .. _ , 7."..' a` ,-•-•• =• . .may re : ' • .-% ~ ' .1 *,4 1 ez Ik. 2 • -.. , 1,,,,ri , , , ~ , , • .. , „ , :,,,,..74 _,' A 4 .1.,.. in „ --(4, e . 1 0*.* ~...„ . - ~,, .--0 , :.: e i 1 4.; l!,„: - 441 .. • 1. :441.' :4 ' '.."' x'll :`:7:l.-: . - , $:. ~,•-•4 „ ~ * _ . .., - ,... - 11. 4. 1 4_,..' '- 1.7. ,,, i ,,.......w..., .-7••=iT '. - .Y4.7lllrrNi, (6 . Q • ,-.1.- W , ~ t ,.... -,..:, t ,: ;, i rig: -:,-, (' \:: :+ll4l- :1111E-1. .1. 1:411-14: /, k 3. 4, •- 4 , .:...0. L* i , 14 33 _,.....1,: 0 111K 1 T 01. , h,... , 1 .....541,14.:......i.r1., ' Y *.' . 4 - ' 12'''' rP '"' ~ .'•• • t. ': / •.,- t .. , ' - ti ~- 'le. laiatti l lif, rII ' ' ''- OP - 4 ---,,,, • ~,,Z, • - - 14,,. DIT. -=' - -,7,-,,. - ' tigl""11 V • c.wea.4•••.— '.4'i7,, , :.'‘ ''; ' " - ' -. . • , - -.... LONDON, TUESDAY EVENING, MAY 9, 1854. time a single complaint had not reached him on the sub- obliged to raise the interest on Exchequer-bills to a rate ject. (Hear, hear.) unduly high. At present they bear interest at 2d. a-day, METROPOLITAN SE W ERS. or 31. per cent. per annum. Is that a rate unduly high or Mr.W. WILLIAMS asked the Home Secretary when he not? What is to be the test, and where am Ito get the would bring iu his promised bill to constitute a Metropoli- answer? I decline to take the answer furnished in the tan Commission of Sewers on the representative principle? mere unsupported statement of an individual. (Cheers.) Lord PALMERSTON said the bill was in preparation, We have the means of ascertaining what is meant by the and he hoped very shortly to be able to introduce it. term "unduly high." By "unduly high" we mean that CIVIL SERVICE OF INDIA. which is out of proportion to other transactions. I will Mr. SEYMOUR asked the President of the Board of take this test. At present it will be admitted that money Control when the first examination will take place for ad- is tight-not in a very high degree, but son)ewhat above mission into the civil service, and when the Government the averag e of late y ears. Is the rate of Exchequer-bills will be able to state what the nature of the examinations above the average of late years? Ever since the peace 31. will be. ss. is the average rate of interest of Exchequer-bills; and Sir C. WOOD, in reply to the first question, said the now it is 31. Let me compare it with the rate of discount examination would take place at Midsummer, but with at the Bank. I have looked at the rate of in terest at the regard to the second question, the form of examination Bank since 1840, and I find there is no occasion since 1840 had not yet been prepared. when the quotation of the rate of discount at the Bank has OATHS BILL, AND BRIBERY PREVENTION been, as it now is, at 5 per cent., when the interest on BILL. Exchequer-bills has not either been 2d. a-day or more than In reply to Sir F. THESIGER, 2d. a-day. On March 15, 1842, the rate of discount of the more pressing business of the coun t ry ma d e . Lord J. RUSSELL said l ie proposed the Oaths Bill to Bank was 5 p er cent., and the rate of interest on Exche come on on the 25th inst. With respect to the other bill, (H and quer-bills was 2d. a-day ;in June, 1847, the rate of dis he could not give an answer u n til h e saw w h a t proeoear, ress the count at the Bank wasp per cent., and the rate of interest on Exchequer-bills was 2d. a-day ;in December, 1817 , the a laugh.) rate of discount at the Bank was 6 per cent., and the rate J. RUSSELL said he intend e d th a t this bill should SCOTCH EDUCATION BILL. of interest on Exche q uer-bills was 3d. a-day ; in March, In reply to Mr. BAILLIE, terest on Exchequer-bills was renewed at 2d. ; and in 1848, the Bank discount was 4 per cent., and the in- Lordcome on on Friday next. May, 1854, the rate of discount at the Bank was 5 per cent., and the rate of interest on Exchequer-bills 2 d. a THE FINANCIAL STATEMENT. The order of the day having been m ove d that the house day. So far therefore as the standard furnished by the resolve itself into a committee of ways and means, Mr. Bank rate of discount is concerned, I apprehend you will agree with me that the rate of interest 2d, a day oft . Ex- The CHANCELLOR of the EXCHEQUER said-Mr.tightness t e o s f t, m a o n n d e t y ha h t a i s s the producedrelativ relative n e effect chequer-bills is not a rate unreasonably high. I referred Bouverie in the chair, . the other the day sam t° e an Bouverie, towards the end, sir, of the month of February, interest of temporary Government securities in the only her Majesty's Government found it to be their duty to other country between which and this country any fair comparison can be drawn-namely, France. In France, propose, and the house has been pleased to sanction, such the money rate of interest in April, 1853, on Exchequer an addition to the expenditure of the country as would bill s , was 2i in •• per cent., and April, 1854, it was 5 per necessarily entail an addition to its taxation. It was cent. In England, on the other hand, in 1853, it was 1} also the view of the Government that that addition to Per cent. ; and in 1854 it was 3 per cent. So that, while taxation, the necessity for which was then demonstrated, in England it increased by 100, it increased in France by 120 per cent, Now, I have given you these tests of the should be made in the form of doubling the first yearly ma p ative rates in France and England, of the rate of payment of the income tax. At that period war had not discount comparative at the Bank, and of the average rate of interest been declared, and it was totally impossible for the Go- of Exchequer-bills, and ask you whether I have not de vernment to form any reasonable or trustworthy estimate monstrated that you have got your Exchequer-bills at a of the expenses of the year upon a footing of war. It was very reasonable rate of interest, comparing the circum stances of the times ? The first objection was that when also impossible for them to judge at what revise time precthe we reduced the rate too low at the beginning of the year, calculations connected • h novel to the most of us would be completed ; and they had of the year. I have shown that it was neither too low in to consider that the passing of the income tax, and the the one case, nor too high in the other. But one circum doubling of the first yearly payment, was a measure re- stance I ought to mention-namely, that the period of an easy money market was the period for reducing our un quired to be treated at a very early period of the session, funded debt. Although, as I have said, in March there because the machinery of collection connected with thatwas no disposition of the holders of that unfunded debt to tax is so complex and laborious, and the time re qu i re d i n reduce the amount of it, yet in June the circumstances had preparing it is so considerable, that, unless the house pass changed. 3,000,0001. of Exchequer-bills were sent in in it at an early period of the session, the tax is thrown cash, and a very great and sensible relief was the result. But as it has been said that this affair of the Exchequer-bills greatly into arrear; ;and, in truth, if the financial state- has reduced the money of the country, I will just statehow ment had been unusually late, many payments that ought that stands. The charge on the Exchequer-bills of 1853, to be subject to that tax would have escaped it altogether, payable in 1854 , amounts to 342,0001 . The charge amounts, Under these circumstances it was, and because the course in fact, to 347,0001.; but then there is a deduction of 5,0001. was thought most constitutional by the Government, on account of payments in the selling operation of the bills that on an early day I made an application to the house at the time of the re-issue. With that I must compare the charge as it would have been if I had kept the rate of in for such a sum as they then thought necessary ; but terest at five farthings, instead of one penny, and therefore, they instructed me to state, that the demand then made of course, avoided the sending in of any n Uli sfor money in on the representatives of the peopl e was not a demand June, If I had done that, an if in consequence-which adequate to the purposes of the war-that it was that iv a v i cAu s l.il ia n d av h e e been t t h i e n ns . .tural and certain consequence -no demand which we knew had been entailed by the on the March bills 175,0001., une, andthe c o h n a t te J w u o n u e ll ills have 227,000L,been fact that we had sent an expedition to the East; and making together the sum of 402,000/. The actual charge, that in the event of a declaration of war, and of the con- however, has been 312,0001., and hence there has been an actual saving of 60,0001. (Loud cheers.) The right hon. tinuance of that war-on which we now must of course calculate-it would be necessary f or me a g ain, on the part gentleman financialan (Mr. Disraeli) adverted to my having stated, in m statement of last year, that I anticipated a of the Government, to appeal to the house for an augmen- saving of 65,0001. upon the Exchequer-bills ; but really, tation of that demand on the resour ces of the country. Sir, considering what were the vicissitudes of the year, lwn. that duty I now rise to discharge ; but, before I discharge not far from the mark in having estimated it at 60,0001. It it, it is necessary for my own honour, and for the r es p ec t is, of course, of little importance that a reproach should be which I owe to this committee, that I should advert to the cast upon me or any individual minister ; but it is a mat accusations that have been made, industriously enough, ter of great importance that this Committee of the House occasionally within these walls, and elsewhere, both that of Commons should form a clear view as to the principles the Government is liable to great discredit for the manner on which the department of finance is to be managed. A in which it has dealt with the essential department of minister, and even a Government, is weak to cope with the finance, and that, in particular, the person who is now ad- powers of those who are the deale rs in the im p ortant com dressing you is totally unfit to be entrusted with the modity of money, and who are justified in seeking to give management of that department. Now, sir, there are value to this commodity. It is impossible for the Execu those who say that a period of war is not the time when tive Government to do justice to the country except on one questions of confidence should be entertained. To that I condition, and that condition is, the support of this house. reply that the period of war is the very last when (Hear.) Do not let it be said, " This is a time of war, and that important trust should be committed to the hands of do not let us raise this question." It is being a time of war a man who would exercise it to the discredit of his coun- that you should make up your minds whether this matter try ; and it is therefore my duty to advert to those accu- has been mismanaged or not. As to the results, they are satious ; and lam sure those who hear me-whether or before you. You have got your Exchequer-bills at a mode not they agree in all the propositions which I may ad - rate rate of interest-at a rate of interest, in fact, much vanoe, and however largely it may be necessary for me t o less than it has ever been, on an average since the peace tax that patience which I know to be unbounded-will -whilst there has been a saving to the country of not grudge me the time necessary to make thorn masters no less than 60,0001. So much for the matter of the Ex of the facts, as they have occurred, and inasmuch as they chequer-bills. That is a subject on which there can be no are the persons ultimately responsible to the people for the doubt as to who is the responsible party. I, for my part, management of the funds levied on their industry and have no disposition whatever to avoid the responsibility of their capital, lam bound to place in their hands all the my office. lam bound, indeed, to remind the committee information necessary to enable them to form a correct that the matter of the unfunded debt is one in reference to judgment on a matter so important. (Cheers.) Mr. which the minister is peculiarly responsible -and almost Bouverie, it has been stated, in the first instance-and alone responsible. It is one, of course, on which it is his although these matters are retrospective, yet they have a duty to get the best advice he can, and havin g done that, prospectiva bearing, and I hope -the committee will to act according to the best of his judgment for the benefit not deny me the time necessary for their discussion-it of the community at large. Ido not seek for one moment has been stated, in the first instance, that there has been to shirk that responsibility. a gross mismanagement of the unfunded debt of the " Me, me : adsum qui feci :in me convertite ferrunt." country ; and the particular allegations, sir, are these :- It is said that in the spring of last year the rate of interest on ( Loud cheers.) The next question is that of the proposed scheme for the conversion of a portion of the public debt ; Exchequer-bills was rashly and unwisely lowered, with great discredit to the security, and with an ultimate loss a )ortions and he durin the course of the present year, is, that in re the charge, which was thrown into goodly pro to the public, on account of the necessity of raising that 1 g rate of interest to a highei sum than would otherwise have spite of adverse circumstances-that in spite of the warn been required. That, sir, undoubtedly is a very serious ings of the wise-a scheme was attempted by the Govern matter, because the unfounded debt of the country is of ment which has resulted in heavy loss-a loss not fairly vital importance, at least in my view, in a time of war. ascribable to the change of circumstances, to the existence It is then that you require to have the means of its rapid of a war, and to deficient harvests, but to the character of and easy extension. If you keep your credit in such a state the measure originally proposed. Sir, it is easy to pass that you can rapidly and easily extend your unfunded debt retrospective judgments. (Cheers.) But if we are to form in a moment of need, it is perfectly plain that you may a fair opinion upon these questions we must go back to a dispense, in the interest of the state, with the costly, but day dated about thirteen months ago. This matter was otherwise necessary practice, of keeping in hand, and not like that of the Exchequer-bills-it was not a question lying idle, a great sum in the Treasury. Now, I cannot of mere Executive discretion-it was not a vote passed by pretend that what was done last spring, with respect to the the House of Commons as a mere affair of confidence. It unfunded debt, was hastily or thoughtlessly done. On the is true there are many members in this house who wished contrary, I say, it was deliberately and advisedly done ; it to be considered as a matter of confidence ; but a portion and lam desirous that the committee should form its own of the members of this house, including the right hon. judgment of this proceeding, because, as I said before, it is gentleman the member for Buckinghamshire and the hon. the party who are ultimately responsible to the country. member for East Suffolk, demanding the privilege of sifting The proceeding was founded on these two principles. In and discussin g this q uestion, returned to the char g e on re the first place, the public is entitled to borrow money i n peated occasions, and took many discussions during the the market on the best terms which its credit will com- Passage of this measure through the house. We therefore mend ; and in the second place, in order that the unfunded had had many admirable opportunities of knowing what debt may be carried to the full height of its utility and were the real opinions of these gentlemen on the subject, power in difficult times, you ought to keep it within nar- and what were the declarations that were made ? The row limits in easy times. These, sir, wore the principles right hon. gentleman opposite (Mr. Disraeli) sometimes on which I thought it my duty to act. What was the state states he will not quote Hansard. After all, when you of things to which I had to apply them ? A state of things mean to charge your opponent with inconsistency, the best had grown up in which the premiums on Exchequer-bills way is to quote Hansard. You do not make his case better in twelve months only amounted frequently to about - you do not make it worse at all events-and if you do double the whole interest of the twelve months' cur- not quote Hansard, the fear is you will quote something rency. What was the effect, first in regard to the much worse than is to be found in Hansard. On the Bth holders, and secondly in regard to the State ? As re g ards April the right hon. gentleman the member for Bucking the holders, so long as the Exchequer-bills were moving hamshire rose to discuss his scheme, and he said :-" Ho upwards all was well • but it was plain that that state thought it right before this resolution was agreed to, to of things must come to an end, and that an immense pre- warn the committee that, from the alterations made in mium was adverse to the well-understood interests of the the resolutions, from the admissions made by the right holders of those bills, because the amount of the premium hon. the Chancellor of the Exchequer, and from various was in point of fact the measure of the risk the y in. other statements, this (the one creating the new stocks) was curred. (Hear, hear.) If I may explain m y meaning in fact, the important resolution." What a misfortune it is this. The man who buys his instills at a that he did not stop there. His evil genius, however, led premium of 5s or 10s. knows these three things :-First him to go on. (A laugh.) "He wished the committee to of all that his interest is secure ;secondly, that, at a given bear in mind, and he protested against the supposition that day, he can receive the principal; and, thirdly, that the by allowing the resolution to pass, he, for one, assented to measure of his Possible loss is ss. or 10s., that being the it. If the committee agreed to the conversion of the whole amount of premium he has given. But if, on the other of 500,000,000/. under the second resolution, he must re hand, he buys at 60s. or 80s• he knows his loss may amount mind the committee that the profit of the country would to 60s. or 80s. These are the principles of the proceeding. but little exceed 550,000/. a year; and they should To allow your annual securities to float with a premium Well consider whether, for such an object as reducing the of 60s. or 80s. just means that you cannot redeem them at interest of the debt by 500,0001. sterling, they would do PRIVATE BUSINESS. ••ht to fix all. You cannot redeem the whole, because the a mount l!g an ~ s . the rate of interest t o tentr cent. for more The following bills were read a third time and passed :- is too large, and you cannot redeem a p a rt, because rarlia - th 4 .° years. Twas a most imp point, w hi c hthe 1 committee aeared to be disposing of in almost a formal Executor and Trustee Society ; Ryde Improvement ,• St. ment would never endure the redemption of an annlia manner, bu t t , ! was a point to which they must give deli- Mawes Port, Harbour, and Pier ; Blyth and Tyne Rail- security bearing perhaps 21 per cent. interest, by.realcsing berate attention. The interest guaranteed was higher than way ; Caterham Railway ; Darlington and Barnard Castle that interest to sor 6 per cent. What has been tn c.) lili n ; he, for one, thought Railway ; Eastern Union Railway ; Lancashire and York- sequence of this in the ma nagement o f Exchequer - 18 • , , would prevail for the next 40 years." shire Railway (Middleton Branch) ; Lancashire and York- What has happened s i n ce the p eace ? E ve r since the peace kll.en.r , near from Mr. Mathes.) I hear the hon. and learned shire Railway (Liverpool Dock Branches) • London, the principle upon which we have acted has been thi s - gcntteraenhe member for Wallingford cheer that expres- Brighton, and South Coast Railway ; 'Newcastle- when we had go t Exchequer-bills at an e asy rate of in- Tr, I shal t have a word with him byand bye. (Laughter.) It was an enormous responsibility to undertake to make upon-Tyne and Carlisle Railway; Perth and Dun- terest, then we let them remain. Times of difficulty have such keld Railway ; Whitehaven, Cleator, and Egremont come, and y ou h ave b een o bli ge d to fun d a t a most dis- an arrangement, and he trusted the committee, when the came . to discuss the subject on a future occasion, Railway ; Hertford and Welwyn Junction Railway; advantageous rate of interest. In 1819 you funded In and North London Railway. 27,000,0001. of Exchequer-bills at W. ss. 9d. per cent. ;in would think it their duty most carefully to consider whet North Railway Bill, and the Swansea Harbour Bill 1821 you funded 7,000,0001. at 41. 19s. 7d. per cent. ; in thor they would assent to it." Such was the ground of were considered considered and agreed to. 1826, you funded 8,000,0001, at 41. 6s. 2d. Per Gent. ; and jection taken by the right hon. gentleman at the time of The Holyhead Harbours Bill was road a second time, in 1830 you funded 3,000,0001. at 41. is. 9d. per cent. the discussion of this scheme, that it would amount to a and ordered to be committed. In the years 1839 and 1841, however, the rate was sacrifice of the public interests and the interests of the GOVERNMENT ORDERS. not so disadvantageous, being in the one case 31. 6s. Public creditor, and that that sacrifice would be the more Lord J. RUSSELL moved that orders of the day should per cent,in the other • and 3l e s , 11d. per cent. • ruinous, inasmuch as the whole 500,000,000/. of debt would with b t 'be convertedunder the •ofthe I in the Lord a you but it was a high rate compared have precedence of other orders on Thursdays during the • •le instance was the un- recollection of the committee as to what were the objec remainder of the Session. pay in easy times. In no sing funded debt reduced except when the public credit was tions really taken to the plan. Some of them were very Mr. FREWEN moved as an amendment that on Thurs- 90. Thegood objections-one, in particular, hon. P j ions-one, low and the mice of the funds was below day, the 25th of May, and on every alternate Thursday, ' • - ' in Exchequer-bills member for Lambeth, in reference to the principle of mak quence is that you never funded 9/. bills introduced by the Government, or any other Govern- unfunded debt at least 10/. or 11/., in additions to the capital of the debt. It was also ob without increasing the ment business, shall have precedence of the other orders and in some cases 121. It is in easy times that you ought jected that it was grossly improper to guarantee 21 for 40 of the day till the end of the session. to reduce the debt • because if you wait till difficult times years. One of those objections turned out to be t r valid Mr. L. KING supported the amendment, observing that you do it at an ' cost. I n February, 1853, the one. I think, however, I may answer that objection in the the state of public business did not justify the original amount of Exchequer-bills currency was 17,743,000 a, negative. The valid ojection which has turned out is that in motion. y per day, or 455, the necessity of turning out the non-assentient South Sea and the interest was a penny halfpenny The Marquis of BLANDFORD a l so suppor t e d th e b'll and on another creditors has led to the withdrawalof the bl• pet lebalances per annum, upon one portion of the i s, amendment. portion it was 1/. 17s. But while that was the rate o f in a larger degree than is consistent at a period of war. Mr. GOULBURN supported the original motion. and in a short time Who took that objection, I want to know? A nd now I Mr. NEWDEGATE opposed it, interest the premium was even 5 5 5. , before it had been considerably higher. On the 15th Feb. come to the hon. and learned member for Wallingford Mr. F. SCULLY observed that so long as the war ab- rusty it was announced that the n ew bills were to bear ( Mr. Malins). He was perfectly silent on this point. W h y sorbed the public mind in the manner it does now it was interest at a penny day, and on the 18th February, i n was he silent ? Certainl not for want of words, nor the useless for independent members to be promoting bills of the a ' those Exchequer-bills was faculty of speech. The hen. and learned gentleman was consequence, premium on their own. He should therefore support the original mo- only 15s. Now, then, I ask whether the operation that perfectly silent. This objection was not taken by any tion. . was per formed was a justifiable operation or not ? Those body; and I now stand here to say that I was the only man Mr. HUME thought, in the existing state of affairs, it'. Exchequer-bills were issued in the middle of Febru ar y, who stated to the committee of this house on that occasion would be better to give up Thursdays to the Government. . nd in the middle of March the holders of them had an that if the South c os creditors did not assent, we should Lord J. RUSSELL explained the reason which induced a opportunity of sending in their securities and getting their require to pay them out of the public balances. The right him to propose the motion, which t o haveras simply to forward money, but not a single person availed himself of that hon. gentleman the member for Buckinghamshire was the public business, so as not such an arrear of opportunity. (Hear, hear.) My duty, I say, was to bor. the only man who named the South Sea creditors, and be business as too often happened towards the close of the row for the public upon the best term s that the market did so only in an incidental way, and for the purpose of ex session. afforded. 9 000 000/ of Exchequer-bills were issued on a cusing himself from discussin their position in reference Mr. SPOONER thought this motion ought not to have • " • particular day, and within three weeks, when the holders to the project. But there area great number . of those gen d should not affect noticesalready as to the a retrospective effect, an were naturally alarmed, they had an opportunity of get. tlemen who have the most convenient persuasion and on the paper. tine their money, and yet not a man of them availed him- force of the objections they take on such occasions,.mis. Mr. DISRAELI hoped the noble lord would accede to self of that opportunity. (Cheers.) What was the con- that if the Government had taken their a dvice the world not member for North the proposition of the hon. - dition of the Exchequer-bills afterwards ?As you went chievous consequences which they apprehended 7.° i what is shire, and thereby save them from dividing on the ques- on, the c onditions on which you got credit altered ; but have ensued. This is a very good examplertLc at the tion. a the very first day on which the word "discount" appears at called mythical history. Events of no imp COBDEN in favour of eellooking back After a few remarks from Mr. e 1 the qu o tation of Exchequer-bills was on the 6th May, time, subsequently become interesting upon. for North Warwickshire, but through the suggestion of the hon. member Lord J. Russell motion, On that day the discount was ls. On the sth May the 1 upon them, not as they actually were, wish them to b s and Sir G. GREY, in favour of s Government made a purchase of Exchequer-bills, on 1 haze of distance, and as some person• Lord J. RUSSELL said he would agree to alter his mo. which we were o bliged to pay is. discount ; but never . Hence we are told there were anu number of prophets and tion, so that after the 20th May Government until the sth May were we able to effect a purchase of wise men whose opinions were disrega e was of other orders of the day, the events that afterwards day should take precedence Exchequer-bills et a discount ; and then we got them not one of them who foresaw gentleman the mem- ROMAN CATHOLIC SAILORS. at a discount of is. Well, sir, what followed was happened ; and the hon. and learned respectable type of the class. Mr. BOWYER asked the First Lord of the Admiralty thi s . With the advance of summer end towards the ter for Wallingford is a mostßut, undoubtedly, irrespective whether Roman Catholic sailors are to be compelled to autum n the circumstances of the country materially (Laughter and cheers.) were facts at which it of changed, and the bills were proportionally affected. O n the opinions of some men, these was attend Protestant religious worship. not want to state the case too high. Sir J. GB, e HAM sail the law as it at present stood was the 28th September, we purchased them at ss. discount ; , our duty to look. Ido that I regret at this moment that that di v i ne serv ice s hould be performed every Sabbath on and in the month of October the interest was 2d. a-day. It is easy for me to say I do not board h e r Majesty's ships according to the ritual of the So far as respects the impropriety of the reduction, there. the scheme was brought forward.. admit that it ecuniary loss; it i s easy to show that it Church o f England. The instructions further were th a t f ore , I think I have disposed oft hat. And now I come to has resulted in p . snob loss • but it ha resulted in • the crews of all re ligious denominations should be " per- 1 the other charge, which is this, hat in consequenee of that 1 has not resulted in _. le d a moun t s _ gain w i th 'neon- Mittea s " not compelled, to attend; and up to the Noma xoducticaz we lays a violent reaction, and we him beau Tex:Once greater than lum f gEkln with which MR. ALBERT SMITH'S MONT BLANC, including the BEIINESE OBERLAND and the SIMPLON, THIS EVENING, and Every Evening at Eight o'Clock, (except Saturday) ; and Tuesday, Thursday, and Saturday Mornings, at Two. Stalls, 38. (which can be taken at the box. office every day from II till 4 ; area, 28.; gallery, ls.—Egyptian Hall, Piccadilly. OONSTANTINOPLE and the WAR at the EGYPTIAN HALL.—" Had it not been for the cold, I should have believed that I saw the Diorama at the Egyptian Hal, with the restless tide of London street life surging around me."—The Eastern Correspondent of the Daily News. The Lecture is delivered on Wednesdays an Saturays try Mr. STOQUELLER, and on the other days d by Mr. d C. KENNEY—J. Daily at Half-past Two and Eight.—Admission, Is LAITRENT'S CASINO, ARGYLE Rooms, (Lessee, CHAS. C. LAURENT, Onslow-house, Fu.aam-road), The above Rooms are now OPEN FOR THE SEASON. and will continue open every evening, with LAURENT'S CELEBRATED BAND. Constantinople Quadrille, Sultan Polka, Fair Star Waltz, and Overland Mail Galop, by D'Albert; a!so, by H. La:trent , the following Waltzes —La belle Frangaise, Leonora, Villi kins and his Dinah, Admission, is. Doors open at half-past 8. Dancing to commence at 9 o'clock, and ter ninate at half-past 11. ATTRACTIVE NOVELTIES. R OYAL POLYTECHNIC INSTITUTION. PATRON—HM.II. PRINCE ALBERT. The SEAT of WAR, showing the principal places on the DANUBE, KALAFAT, WID DIN, GIURGEVO, SEBASTOPOL, the entrance to the BLACK SEA, BATTLE of SI NOPE, and DESTRUCTION of the TURKISH FLEET, and other scenes (kindly supplied by the proprietors of the Illustrated London News"), EXBIIIITED in a NEW SERIES of DISSOLVING VIEWS. LECTURES by J. H. PEPPER, Esq , on the CHEMISTRY of our DAILY BREAD, in special relation to that made by the NEW PROCESS at the MARYLEMONE WORKHOUSE, daily at Two o'clock; and in the Evenings on the MANUFACTURE and DECORATION of PAPER. LECTURE by DR. BACIILIOFFNER on ELECTRICITY, and the ELECTRIC LIGHT. Exhibition of Trestrail's Method of Raising Sunken Vessels, &c.. &c. Open Mornings and Evenings. Admission, Is. ; Schools and Children under Ten years of age, Half'-price. - ‘->"< [pßicE SD. fortunate delusion upon the subjee, (Cheers and laugh: ter.) My right hon. friend during. t hat quarter never took one farthing out o f th e B an k of ° Es igland—(hear, hear) — and if you please, you may see that demonstrated, to the satisfaction even of the learned member for Wallingford, in returns which esr f; m e ob a tu y l yt betir true lyea you uh aobtnohr borrow otlka,bo g r e a t , f the . byci e uwa h an o yti u s toof of (il deaerfilenlctyis p erf e ct l y loan from your banker wh en you h ave 1,5001. or 2,000/. in his till, I hold that, so far f rom hi s b e i ng your creditor , you are his creditor. (Hear, hear, from Mr. Melina.) So, we are agreed upon that. Very good ;I am entirely satis fied. The learned gentleman and I have made a compac t across the table, and I venture to say th a t if h e follows me to the end, we shall both arrive happily and satisfactorily at the same conclusion. (A laugh.) My right hon. friend the member for Hulifax, in the month of April, 1847, took deficiency bills to the amount of 2,267,0001., and he liqui dated his last bill in .May; but the minimum excess of the public balances in the Bank during that quarter over the advance in deficiency bills was 1;696,000/. ; and therefore I most respectfully submit that, instead of my right hon. friend having taken accommodation from commerce, he was giving accommodation to corasnerce. (Hear.) H o certainly was giving less accommodation to commerce than if he had taken no accommodation bills ; still, at the same time, he was giving accommodation to commerce, and the complaint made against him was neither more nor less there this,. that he was claiming and exercising a right to make use of his own money. (Hear.) Ile made use of it with such a liberal :and generous spirit that the smallest sum he left in the Bank on any one day was 1,696,0001. But the question has been asked of me—" Why borrow from your banker when you have money of your own with him ?' That is a question not so easy to answer as some may sup pose. All I can say is, that such is the system which we find established, and though my notions in these matters are very revolutionary, I have not yet reached such a pitch of boldness as to say that I object altogether to borrowing from our banker, even though we may have money with him. But, sir, I come now to my own case, which is the most important of all, because I am held up, not as an occasional borrower—a man who borrowed only occasion ally might be forgiven—but the right hon. gentleman the member for Buckinghamshire has repeatedly termed me in this house an " habitual borrower." My answer is, that I have borrowed in consequence of the large drain caused by the liquidation of minor stocks and other circumstances ; but I think I cannot fairly be called an " habitual" her ; rower, and for this reason—l have borrowed only once. (Hear.) lam accused of borrowing during the last quar ter. I can assure you, sir, it was exactly a repetition of the case of my right hon. friend the member for Halifax. I was not indeed quite so liberal as he was; but though it was currently reported and believed that I was a borrower of 3 ,000,000/. or 4 ,000,0001. during the last quarter, I never had ono shilling. (Hear, hear.) The amount of deficiency bills issued last quarter was 3,711,0001., but the amount lectually brought to c h arge was 2,490,000. upon which interest was paid, N ow mark, while we took " these defi ciency bills and paid th a t i nterest, the excess of balanc e intmheusßh for ank wasthe nevercase of l the last e than sa 1 ' l q 6 a , Ter 01. a s regards (Hear,tli hean e ) So deficiency bilk And now, having stated that I borrowed only once, and that I had alw a y s an excess of balance in the Bank, I hope the right hon. gentleman the member for Buckinghamshire will let me know, after that, how he de fends the term " habitual borrower " which he has repeat edly applied to me in this house. (Hear.) Now, sir, we come to the April quarter, and here I am most desi;ons that no misapprehension should prevail. I believe lam correct in stating that when.the public read the amount of income charged on the Consolidated Fund at the end of the last quarter, they saw at the close of that charge the amount of Exchequer bills which would probably be required t o cover the deficiency on the Coiasolidated Fund. The amount was 5,852,0181.; and I believe the public were under the impression—nay, I may even go further and say that the great bulk of the members of this house were likewise under the impression—that that was really a loan which I had contracted with the Bank, and which I was to liqui date from the incoming revenue. I say, then, that if such an impression does prevail, it is of the greatest importance to the public interests that it should be dispelled, and that the truth should be made known. It is of the greatest importance to the public interests that these sham, ficti tious figures, which are only calculated to mislead and de ceive, not however intentionally, and to create alarm in the public mind, should have their right value put upon them. I have done what lay in my power to place the matter on a proper footing, and I shall continue my efforts in the same direction. As I have said, the deficiency in April was stated in the quarterly returns at 2,852,0484., to which should be added a small sum of 240,0001. which was left out in mistake, making the total nominal amount of advance to be required from the Bank of England, 6,092,0481. The amount issuable at that period, according to the usual practice, was 5,643,0001., and the amount on which the public would have paid interest would have been 4,730,0001. And this reminds me that it has been stated in another place that no issue of deficiency bills could have been made with a view to economy, because interest was only paid on the amount which was issued. I will let the committee judge of the accuracy of that statement from the fact which I have already mentioned—namely, that in the last quarter, when we paid 364,0001. for interest, we had not one shilling from the Bank. But, as I have said, the amount which would have been brought to charge in the present quarter would have been 4,730,0001. The maximum amount which has actually been brought to charge, in consequence of the mode of issue which has been adopted, is 3,0481. Sir, I repeat, I have been borrowing during th e p resen t qua rter under peculiar and extraordinary circumstances. The maximum excess of the Bank advances over the public balances during the pre sent quarter has been 1,350,0001. On a former night anxious not to overstate the case, and not having at that period, although I had been wor kingi pretty hard, penetrated into the inscrutable mystery of deficiency bills, I was not aware of the whole arrangement. I then stated that the cash ad vanced by the Bank amounted to 2,150,000/. ; but I stated the case against myself, because the maximum excess of the Bank advances, on the 19th of April, was only 1,350,0001. That sum was subsequently reduced to 900,0001., and I be. lieve at the present moment that debt is entirely extinct. (Cheers.) Thetefore, sir, I think I have disposed of the ac cusation of being an habitual borrower from the Bank. I - hope also I have disposed of the charge of being an enor mous borrower, because it appears that, under extraordi nary and peculiar circumstances, the sum I have been ow ing is 900,0001., and that for a period of between four and five weeks. (Hear.) Sir, the real truth is that the amount we borrow in this way is of little importance one way or the other. The sums I have named are all trifling sums- they scarcely affect the business of the Bank; and the only important question which you have to consider is, are you, or are you not, to make use of your own deposits? There is no complaint whatever from the Bank ; and I think I have shown you that the complaints which have been made against me are not founded on justice. I may here add, what I have not yet mentioned, that the greater part of the Bank advances have gone in meeting naval and ordnance charges in connection with the expedition to the East ; so that, in point of fact, but for those charges, the whole sum which it would have been necessary to borrow from the Bank would have been 400,0001. or 500,0001. (hear.) Then sir, it is said that there was an understanding between the Government and the Bank. There could not be a greater error. When my right hon. friend the member for the University of Cambridge, together with the late Sir Robt. Peel, made the agreement in 1844 which now governs the relations between the Government and the Bank, there was a distinct understanding come to that the Government should always maintain "the usual amount" of deposits in the Bank, which means, in other words, a small amount of deficiency blls, for the one is the correlative of the other. It was also agreed that if, on the one hand, the public balances should be increased beyond the usual amount, the Government were to have a claim upon the Bank for a share of the profits ; but if, on the other hand, the balances should be diminished below what they commonly were, then the Bank was to be entitled to remuneration from the Government. Well, sir, in order to ascertain what was meant by " the usual amount" of the advances, per haps the fairest manner would be to take the average amount in the quarters immediately preceding the agree ment of 1844. That amount was, doubtless, taken as the foundation of the compact; but it was an amount exceed ing that which I have taken during the last two quarters, under extraordinary and peculiar circumstances. (Hefei And now, sir, with regard to notice. It is suppos ed th at nothing was done by me to pr epare to Bank authorities for what was coming. Now, hold in my hand a memo randum which I placed in the hands of the Governor o f the Bank on the 26th of July, 1853 , and i n that document I pointed oat that it was extremely probable, as shetpe r s a th tio o n f j in au re u g a tt ry rd w to e tshheould demand deficiency stocks had then failed, ..t e ht ms to the the amount of 3,300,0001. more than the actually taken. I trust, there f ore , w (H as ear due to Itthaulat o ag un f t ar wh as ich no wasi tioe w th as e B co ank ncern au ed d tolthwaesgrneoattuniumiterndfests involv ed . ofvo w hat is proper, also, to state that, although the authorities of the Bank have since laboured under circumstances of some difficulty, at the period when my memorandum was de livered not the slightest objection was made to my pro posal. With respect, sir, to the accommodation of trade, I believe I need not g o deep ly into that question, because trade has not been injured, and has not complained. Ido not think that a state of things in which, for the greater part of this year, the rate of discount in Lombard-street has been below 5 per cent. is much to be complained of, all circumstances considered. But then it is said that we have been favoured by the Bank, and that we are paying rates of interest lower than those common in the market. That, again, is a total and entire fiction. The rate of interest, I admit, is apparently low, but it really is not so. The esta blished system is this. At the end of every quarter the Chancellor of the Exchequer writes to the Governor of the Bank, hoping that the court of directors will provide what ever amount of deficiency bills may be required to meet the public charges. Last year the rate of interest was only ld. a day ; at present it is 2d. a day, or 3 per cent. per annum, which undoubtedly is a low rate of interest ; but I think you will not consider it so low when you bear in mind that the Bank received in the last quarter upwards of 300,0001. as interest upon deficiency bills, when the minimum of the excess of the public balances over the Bank advances was 1,160,0001. Although the nominal rate of interest which we are to pay in the present quarter is 3 per cent.'per annum, the real rate we are to pay upon the sums advanced to us by the Bank in excess of the public balances is a rate which varies from day to day between 4 and 5 per cent., according to the issue of deficiency bills, as regulated by me; but if the deficiency bills had been issued in the ordinary manner, the rate of interest would have been from 6to 7 per cent. I do not call that an im moderate rate of interest for the public to pay upon de cieney bills • at all events, it disposes, I think, of the notion that the Bank has sacrificed its interests by taking from the Government only a low rate of interest. Now, .sirs the question arises, whence is it that all these delus ions have arisen ? Why is it that the public is so comniestl in the dark with respect to the issue of deficie nc y bi ll s q 1 I This house seemed to be equally in the dark. Many will recollect the speech of the hon. member for Peterbo u ro k u la gh st , a gentleman who was himself Governor of the Ba the member he was believed by the right hon. gentleman year, in which he declared, in his place in this house—and present q u art er a obliged to demand from the Bank in t he toask. His for Buckinghamshire and several others—that we would be sum three times larger than we pr o po sed statement fitted for a fictitious statement of accounts, . a ass of people who statement was credited, and why ? ltcause you have got ce is a virtue. (A laugh.) I think that mystery in finan t quite sure that the Co so p• every purpose of delusion. There is acl am bound to say that I am no appearsalso . in the troller of thoepil.:uxiocoh.equoueraudgohestern.o)t in li He is veedryegrunefeopttaarntiactei pate in that Earl Gre y • upon this subject of h al l t l e s ration in the mo d e of issuing and refer to oroEsapreel respect Grey, I cannot do so feel for his ohs meeting deficiency .1 . f t racter, his abilities, and his p a triotism — (cheers)—but Earl ti expressingcud the e l si r o e Grey is ' stated to have said in another place that the same without pos ition—and s effect of the change in the mode of issuing deficiency bills had been to blind the public. There is a short answer to that statement. The effect of the h c ange could not pos sibly be to blind the public, for the public was, unfor tunately, blind already. ( A laugh.) The public believed that 6,000,0001. of deficiency bills were to be issued when only 1,000,0001. were issued, and that 3,000,0001. were to be issued when none were issued at all. I admit, air, that it may be attended. I regret it; and if an error has been commit ted, be it small or great, lam the man upon whose head tl to blame ought to rest. But let us look at the case as it really stands. In the year 1852 the bullion in the Bai tk rose to a higher point than it had ever before reached ; it was close upon 22,000,0001. sterling. In the month c if January, 1853, it had diminished to 19,170,000 1 . (Hear, I tear.) The right hon. gentleman the member for Bucking liamshire, in discussing this question on a former night, q noted the quantity of bullion in April, which was 18,816,0 DO/. ;he likewise quoted the ve ry high point at which it had s t oo d some months before, and he gave it to be unde catood—at least he did not prevent it from being understo ;id—that there had been something in the nature of a coat i mons decline in the quantity of bullion in the Bank at the end of 1852. A t that time th o e 2 Bank raised the rated ):1' interest upon dis coun t from 9 and after wards it rai se d it t o 3 per cent. The b r u e li n e t ii , which ha 3 been 21,876,003. in the m on th o f July, 185 2, sunk to 17, 672,0001. in the month of February, 1853 • but proposal. Th e time was nc t the time when we m a d e our time was °lithe Bth of April. H ow was thebullion the n? The bullion then had risen to 18,816,0001., or more th a n one million in the course of the preceding four week. ( H aar , b e an) The drain of bullion which had taken place was at that ti me generally accounted for by a reference to causes which were short-lived and local in operation. It was the &mind for gold in Australia which Occasioned it in a great decree ; the state of the exchanges with India and China occasioned it in a further degree ; in short, there were many causes but they were not looked to as causes which would have a permanent operation ; on the contrary, they were expected after a time to cease. And now, with. - regard to the harvest, we have seen corn so high since that we are apt to forget what it was then. At that perio I, although our prospects were certainly not the best, yet that they were not very gloomy is evident from the fact that the average price of wheat in April was 465. 4d. The price of Consols was, on the 4th of April, 1001 to ; after the publication of our plan they were 100 g. There could not be a more distinct proof that, in the opinion of the moneyed world, money was &bout to be t cheaper, 'because the expectation of cheaper money is at the moms nt the cause of a rise in the Funds. The mini mum of t he public balances in the Bank in the quarter im mediatelr before had been no less than 4,940,0001.; and, as I have already said, the export of bullion was imputed to tempoi my causes. But other operations were going on at the san se time. A great operation of that kind had just been corn plated in France ; another great operation was going on, in the conversion and reduction of the debt of the East In dia Company, an operation, moreover, which, up to the present moment, has met with the most perfect success. trne bonds of the East India Company have been put out sinice the month of May last year at a lower rate of interest. than was experienced before. I say, let us keep these, facts in view, as well as the discussions in this house ; and I really think I may venture to hope that I have given. something like proof that these warnings of plain, palpable facts, that could not be misunderstood, and especially these warnings of sages who were all perfectly aware of wh at would take place, do partake of that mythi cal chare.cta r which I have dared to impute to them. (Hear, hear.) Sir, Ido not like to dwell much upon a question of minor interest, namely, the pecuniary result of the ope ration, but 1 may be permitted to say a few words. It is perfectly true that we thought it necessary to borrow a certain sum of money, which we have paid away, and that we have had to do that at a loss ; but on the other hand, I do not see why you should enter into calculations which have no reference to the reality. I think I can demonstrate that the effect of the operations as it stands is a loss of from 60,000/. to 100,0001. a-year only ; a sum which, though undoubtedly quite large enough, is not a matter to be much considered, when we are discussing the policy of an operation of so serious a character. But, sir, as I have said, there is one other point connected with this conver sion scheme, upon which it is necessary that I should ad dress a few observations to the committee, because it is one of great; importance at a moment when, in consequence of a change of circumstances, we certainly must have to meet great, and xnayhave to meet unexpected, demands upon the public revenue. I have just now adverted to that which has turned. out to be the only real object to the conversion scheme, though it was an objection not anticipated by any body, namely, the inconvenience of withdrawing from the Exchequer so large a sum of money as has been necessary in order to pay 8,000,000/. to non-assenting stockholders. And now, sir, it is not only desirable for my own sake, and for the sake of the Government, but it is in my judg ment most necessary for the public interests, that I should endeavour to dispel the masses of misapprehensions which have gather 3d round this part of the question. Some por tion of them, I think, are already disposed of by what was stated on a former night, but I hope at present to make a yet more complete clearance of them. Now, sir, I think it will not be denied that I am correct when I say that the current 'belief both within and without these walls has been to the following effect that very large sums of money, in the nature of advances or temporary loans, have been demanded by the Government from the Bank of England ; that this demand has been in violation of the spirit of an agreement made between the Government and the Bank in 1844; that it has been made in the present instance without forethought, and without due notice be ing given to the Bank ; that it has been made to the great detriment and inconvenience of trade ; and that, more over, though the loans may be regarded as a favour and an accommodation, yet that they have been taken from the Bank upon a very low rate of interest. Now, sir, having mentioned the Bank of England, let me here dispel one serious misapprehension. If lam arguing with respect to the Bank of England, that the demands have net been made upon it which are commonly supposed ; that the compact of 1844 has not been violated that the rate of interest has not been low, and so forth, do not let it be understood for a moment that I intend to cast the ' slightest imputation upon the Bank. I apprehend that, although there ought always to be harmony an d co-operation between the Bank and the Government, yet that sometimes the Governor and Deputy-Governor of the Bank, on the one side, are the special guardians of the sepa rate interests of the Bank, and the Chancellor of the Ex chequer, on the other side, is the peculiar guardian of the interests of the public—(hear ' hear)—and I say it is the duty of the Chancellor of the Exchequer, on the one side, as it is the duty of the Governor of the Bank on the other side, to assert in friendly argument together whatever they think the separate interests of which they are the special advocates requite. I have the happiness to entertain the greatest respect for the present Deputy-Governor of the Bank ; the Governor of the Bank I have the pleasure and satisfaction of having long called my friend, and I am quite certain that we shall never be the worse friends be cause, when we discuss the subject of the public balances, the accommodation due to the public, and the remunera tion due to the Bank, he may urge what appears to be for the interest of the Bank, and I may urge what appears to be for the interest of the public. I do not think that on that account we shall have one jot less of cordial satisfac tion in co-operating together in what concerns the public interests. (Hear, hear.) In fact, those matters upon which I am now going to enter do not bear upon the de mends made by me upon the Bank, nor upon the demands made by the Bank upon me. There has been no demand made by me upon the Bank which is not satisfied. There has been no demand made by. the Bank which is not satis fied. They bear retrospectively upon the question what has been; they bear prospectively upon the question what should be the right arrangement to make hereafter ; but, as I have already stated, the Government has never asked, the Bank to sacrifice its separate interests, and I am in formed by my hon. friend, the Governor of the Bank, that he has announced, in a meeting of the proprietors, that he has never, upon any occasion, received from me any such demand, but, on the contrary, has always heard me recognise the perfect right—nay, the duty—of the Bank to guard its own interests, as those of an institution eminently useful and beneficial to the community. (Hear.) I hope, therefore, it will not be understood that I enter into this discussion with the slightest feeling in regard to the relations between the Government and the Bank. Now, sir, I be lieve a noble lord in another place, who holds an important financial office—l may say at once that I refer to Lord Monteagle—has been loudest in his complaints of the great amount of deficiency bills taken from the Bank. I confess I am surprised at the source from which those complaints proceed, because, if action may be taken as an illustration of opinion, which appears not an unfair prin ciple to lay down, I should have thought the noble lord had a very tender feeling towards deficiency bills. (A laugh.) My deficiency bills have been taken under extra ordinary and peculiar circumstances, the result of an abor tive operation ; his deficiency bills were taken from year to year, under circumstances of a usual kind, with his eyes open, with a perfect knowledge of what he was about, and with no disturbing circumstances to contend against. My deficiency bills, upon the average of the last three quar ters, have amounted to 3,540,0001.; his deficiency bills the first year he was in office amounte to 4,287,000 1 .; in the second year he improved them, and they amounted to 4,346,0001. ; in the third year he improved them still further, and they amounted to 5,380,000/. ; in the fourth year he again improved them, and they amounted to 5,455,000/. (Cheers and laughter.) If the noble lord had happily for the country continued in the office of Chancellor of the Exchequer till the pireett it day, what, sir, do you think the am ount of his definiency ma bills would have beennow. (Laughter.) Perhapsy be said—l hope it will not be said—that this was b.efore. the act of 1844 ; that the issue s of the Bank now are based upon a metallic foundation ; tha t o caitrctuihaattitoinin a t u h d e issues were not based upon a meta consequently, deficiency ation will not be made, 1 1:;ills ob w s ere then mere creations of paper. I say I hope th because it really amounts to this—at present we pay our , _without any reference obligations in real mone.7,_b_utuantt that time we paid them in money created ad iibit to gold. But I am • not making a charge upon act ; surprise this subj araminsetulmy pre e e b x yth s e sin n g obl m e y lord s . And ri at the charge ma dle Ileg to ca now, sir , l the attention of the committee t o what I have de scribed great as the misapprehensi ons w hi c h prevail respecting the advances demanded by the Govern ment from the Bank. This is not the first time th a t no tions of that kind have been abroad. The same fate, in a much smaller degree, befell my right hon. friend the mem ber for Halifax, in the spring of 1847. At that period there was a v ery considerable difficulty as to trading accommo dation. Money was much tighter than at the present time. Various gentlemen in this house —among others, the hon. m ember for Montrose, the right hon. gentleman the mem ber for Buckinghamshir e , and the hon. member for Hun tingdon—found great fault with my right hon. friend for having withdrawn from the Bank, in the form of a tem porary loan, the money that was necessary for the accom modation of the trade of the country. That charge I find contained in the declaration in this house of an hon. friend of mine, of great commercial experience, one of the mem bers for the city of London, a man who, I believe, what ever his party connections may happen to be, never utters a word under the influence of party feeling or party preju dice. Mr. Masterman, in May, 1847, censured what he termed " the improper arrangements made by the Chan cellor of the Exchequer," and declared it to be his opinion that "it was impossible for the Bank, under the existing act, to advance every quarter two or three millions of de ficiency bills, and at the same time to do justice to the commercial community." Having made that speech he went on to make a motion, the purport of which was that, when Government required deficiency bills, they should take them, not from the banking department, but from the issue department of the Bank. (Loud cries of hear, hear, from Mr. Melina.) That is cheered by the learned member for Wallingford. It ia a ere very plausible arrangement indeed, and if the facts e w r true, I would join in the cheer ; but the hon. member London was then, and the learned member for Wa llin g ford ford is now, 1412ourieg under the moot complete and NEW DISCOVERY IN TEETH. MR. HOWARD, SURGEON - DENTIST , 52, FLEET-STREET, has introduced an ENTIRELY NEW DESCRIPTION of ARTIFICIAL TEETH, fixed without springs, wires, or ligatures. They so perfectly resemble the natural teeth, as not to be distinguished from the originals by the closest observer ; they will never change colour or decay, and will be found superior to any teeth ever before used. This method does not require the ex traction of roots, or any painful operation, and will support and pre serve teeth that are loose, and is guaranteed to restore articulation and mastication. Decayed teeth rendered sound and useful in mas tication. 52, FLEET-STREET.--At home from Ten till Five. MPERIAL PARLIAMENT. HOUSE OF LORDS—(YESTERDAY.) The house met at the visual hour. The Earl of EGLINT'ON presented a petition from 16 of the surviving soldiers of the last Peninsular war, praying for, an inquiry into their cases, relative to the distribution of medals. The LORD CHANCELLOR presented a petition from several mercantile arms in Edinburgh against the assimilation of the bankruptcy law of Scotland to that of England. The Earl of EGLINTON supported the prayer of the petition, and expressed a hope that a full opportunity would be given for the consideration of the bill. Lord BROUGHAM.considered that the opposition to the bill was founded altogether on wrong impressions. He believed that the bill wc.uld confer great advantages upon Scotland, and that it would be received with general satisfaction. On to morrow he would state what his intentions were with regard to the further progress of the measure. COMMUTATION OF SENTENCE OF DEATH IN IRELAND. The Marquis of WESTM EATH moved for a copy of any memorial or petition to the Lord-Lieutenant of Ire land in favour of a commutation of the sentence of death passed upon Hugh Tierney for murder, at the late Spring Assizes for the county of: Westmeath, with the signa ture attached thereto ; also, a copy of the notes taken for the Crown of the addi•eas made by the Chief Justice Monaghan, when passing sentence upon the convict ; and also a transcript of any note or observation made by the Chief Justice :Monaghan, or any memorial or petition which had beent forwarded to the Irish Go vernment in favour of a col nmutation of the sentence on Hugh Tierney aforesaid. The noble marquis said the prisoner was convicted on the clearest possible evidence of an atrocious murder; and the learned judge, in pass ing sentence, held out not the slightest possible hope of his life being spared, and the people in the county of Westmeath were quite thunderstruck when they heard that the Lord-Lieutenant h ad commuted the punishment, though the day of execution had been fixed. He understood that the u:nly reason why the me morial in favour of the, prisoner was got up was that they were against an, execution taking place in the town. The Government were bound to state what mo tive they had for obstructing the ordinary course of justice in this case. The noble lord then alluded to other cases in which sent{ vices were set aside, and com plained that the landlords in the county, the protection of whose property depend led upon the rigorous execu tion of the law, bad not b een consulted. The Earl of ABERDEEN explained that, when the memorial was received by the Lord Lieutenant, he trans mitted it to Chief Justioel Monaghan for his opinion. After full consideration, and making further inquiries into the case, the learned judge recommended to the Lord Lieutenant to come late the sentence of death to transportation for life. ILc did so on the ground that, though death ensued, the intention of the prisoner was clearly robbery and not murder, and that death did not take place at. the time of the robbery, for it appeared that the deceased was able to walk after wards, and never complained of any personal injury. Was there any of their lo rd ships who would say that the Lord-Lieutenant should have hung the man, notwith standing the recommendation of the judge ? The Lord- Lieutenant could not have done anything else than act on such recommendation. He had no objection to the return with the exception of the note of the Chief Justice to the Lord-Lieutenant, which, being of a con fidential nature, he could not consent to produce. Lord CAMPBELL ; hoped the noble marquis would be satisfied with the answer of the noble earl. After some remarks from Lord CAMPBELL and the Earl of EGLINTON, The Marquis of CLANEICARDE complained that in the criminal convictions in Ireland offences against property were more heavily punished than those against persons. The LORD CHANCELLOR admitted that such an impression was to be gathered from the reports of the trials, but remarked that the shades of criminality in each case were very delicate, and the best reports might often mislead. Lord WESTMEA.TH replied, and the motion for papers was agreed to. The Church Building Acts Continuance Bill was read a second time. Some other bills were advanced a stage, and their ,ordships adjourned at half- past 6 o'clock. HOUSE OF COMMONS—(YESTERDAY.) The SPEAKER took the chair at 4 o'clock. 'NEW MEMBER. The Hon. C. FITZWILLIA3I took the oaths and his seat for Malton. I, the pital, only onsul ow of 1. Esq., ING, , 112, ty of 1 4 % 1 4 11% 1 y(i