The Sun. — London, England, 1854-03-22 00:00:00

IVdS t allies, our competitors, or our rivals." The noble lord said more than that; he said, "Not only do I believe that Turkey is as active as she was, but I believe she is abso lutely progressive. Give her a fair triali; her maintenance is easy, and is most profitable to the interests of England, to the cause of freedom, and to the civilisation of the world. All the highest impulses that should influence men ought to induce them to support at this moment the indepen dence and integrity of Turkey." Loud cheers followed the speech of the noble lord. Well, sir, what happened a short time after that? Why, sir, there was the statesman whose conduct I have had occasion to criticise this evening, and to whom I little thought, when I first rose, I should have to refer in connection with another subject ; he went about the country and paid a visit to the great commercial city of Manchester, at a time when there was great de pression in the country with respect to the affairs of Tur key, and when men with resolute minds began to think that that was occurring which would prove most fatal to the supremacy of this country, and to the cause of justice, of truth, and of freedom. What did the right hon. gentle man say upon that occasion ? Did he agree with the Secre tary of State ? Not at all. He said, "Things look very bad, but what can you expect ? You must prepare yourselves for the worst. The independence and integrity of Turkey, which people talk about, are not facts—they are phantasies and phantoms. You must not consider the independence and integrity of Turkey as anything like European questions." Why, sir, the right hon. gentleman quibbled away the independence and integrity of Turkey—(hear, hear)—and he seemed to have in view that plan of partition which ha s but recently come to our k now l e d ge . (Ch eers .) And this is the minister of finance who to-night is going to double the income tax in order to maintain the independence and integrity of Turkey. (Cheers.) lam challenged to propose a vote of no confidence in the Government. Why, sir, the noble Secretary of State in the other house of Parliament told us the other night what we were going to fight for, and I was grateful for a moment to a member of her Ma jesty's Government. He said, "we are going to fight for the rights of the Christian subjects of the Porte. That is our cause. We are resolved, and we shall stipulate, that there shall be equality of rights and privileges between the Christian subjects and all other subjects of the Porte." I believe loud cheers followed that speech also. What hap pened the next day? The noble lord the Secretary of State in this house, who is supposed to have some knowledge of our foreign policy, said in the most distinct way, and in tones that he knew would re-echo through all Europe, that he did not imagine for a moment that any man would en tertain the idea of our obtaining privileges for the Christian subjects of the Sultan—that that would be acting as badly as the Emperor of Russia himself —and that if we obtained an equality of privileges between the different subjects of the Sultan, we should put an end to the Turkish empire. And yet, when those gentlemen have no confidence in their mutual opinions, I am to be taunted and told it is my duty t o propose that the House of Commons shall so stultify itself that we are absolutely to vote that we have no con fidence in them. But is that all ? The noble lord the leader • of this house likewise described the war in which we are going to embark. He described the war as a holy war—as a just war—a war for justice, for truth, and for public freeedom—and in a manner which I admired, in a most so lemn and fitting manner, he invoked the name of the Most High upon that war. What happened the next night in an other place ? Why, sir, the leader of that house told us, I believe, that he thought that war was not yet inevitable, and that in his opinion war was a curse. Sir, if it be a war for justice, for truth, and for public liberty—a war to arrest the progress of a colossal despotism, to maintain the inte rests of this country, and to secure and promote the pro gress of civilisation, it is not a curse ; but if it be not for those objects, then I say the noble lord is not justified in counselling his Sovereign to embark in it. Such is your position upon the Turkish question—upon a question which we are told confidentially, alone keeps you together as a Ministry. (Cheers.) There are similar differences among these gentlemen upon other subjects ; but when a nation is at war, its Government should no t b e di s t ur b e d ! I would l ike to know how the war is to be carried on with efficiency and success by men who have not settled what the object of the war is. The war has been brought about by two opposite opinions in the Cabinet. (Cheers.) That has led to all the vacillation, all the perplexity, all the fit fulness, all the timidity, an d a ll th e occas i ona l v i o l ence that ha ve: occurred. (Cheers.) If the noble lord the leader of this house—l speak my solemn conviction—had re mained minister of this country—if the noble lord the Se cretary of State, who is not here, had been minister of this country—if Lord Derby had continued minister of this country—nay, if Lord Aberdeen—l wish to state the case fairly—had been minister of this country, with a sympa thising Cabinet, there would have been no war. (Hear.) It is a coalition war. (Cheers.) Rival opinions, contrary politics, and discordant systems have produced that vacil lation and perplexity, that at last you are going to war with an opponent who does not want to fight, and you are unwilling to encounter him. (Cheers.) What a mess for a great country. (Cheers and laughter.) And this brought about by the splendid. administrative talents of the gentle men opposite. (Cheers.) What, sir, is your interest on Exchequer-bills, or your loss of some 35,000/. compared to that ? The financial faux pas of the Chancellor of the Exchequer may soon be forgotten, and even forgiven. What is the value of his conversion scheme compared to tais duplication of the income tax, and to this terrible prospect of war, brought about by the combination of geniuses opposite me, and brought abontabsolutely by the amount of their talents and the discordancy of their opinions ? (Cheers and laughter.) But then, they say, if we criticise their policy, we are bound immediately to come forward and propose a vote of no confidence in them. I tell them again I will not propose a vote of no confidence in men who prove to me every hour that they have no confidence in each other. Sir, I have tried them upon the greatest of all questions—the question of peace or war ; but there are others almost equally great, upon which they may be tested. Why don't you proceed with your Reform Bill? (Cheers.) That seems at the first sight the only question which you could put in the same category with the questions of foreign policy. Peace or war —the disposition and distribution of political power— these are the great and august matters with which it be comes statesmen to deal. These are the policies upon the recommendation of which men gain the confidence of na tions. It is the sympathy of nations with statesmen who have opinions upon those subjects which entitles them to hold their position. When you have enunciated a policy to a great community—when you have told them that you can prosecute a war with vigour in the vindication of great principles—when you can tell them that you can secure peace at home by arrangements which will last—then the nation will rally rounlyou. When a great statesman de clares that he sees and has deeply considered the signs of the times, and has studied with the patient and fanciful analysis that becomes a profound and disciplined mind the condition of the community—when he declares that the existing disposition of power is injurious to the permanent interests of the country, and that he is of opinion that a change should take place, and that classes who are not now enfranchised shall be called into a participation of political power—the man who says these things has a right to rally round him great crowds of his fellow-men; but he must not say such things idly—he must not trifle with the public conviction and the public feeling upon such subjects. (Hear.) When I know that this Cabinet is an incoherent council upon these subjects—when I know that upon such questions as peace or war, and the disposition and distri ' bution of political power, there are not two men among them who have the same opinion, that there are not two • men among them who have confidence in each other, I re ceive the cold taunt and frigid counsel that it becomes me, as the humble leader of a too indulgent party--(a laugh)— to propose a voteof no confidence in her Majesty's Ministers with the indifference which it deserves. (Cheers.) Sir, there are few tests so great as those I have mentioned—there are few so important— but there are some subjects that may be fairly evoked with them. There is one subject which, tumultuous as is the excitement of a state of war fare, and however elevated may be the feelings of men who are summoned to the exercise of political power, may well be considered as of the greatest importance. No man will say that the education of a nation is not a subject which may rank with the highest class of those that occupy the attention of a minister. Well, sir, our present statesmen founded their ministry upon a pledge to bring forward a scheme of national education. Is there any confidence amon g you upon the subject of national education ? (Hear, hear, hear.) Why, sir, I will take an illustration from only a small portion of that great theme. What happened the other night? We had before us merely a plan for the reform of a university. What occurred then ? We ' had the reform of the university brought forward by the leader of this house. He turned round to his faithful and consistent supporters, the Dissenters of England. (A laugh.) Their eyes were fixed upon him—their months were open. (Laughter.) They hung upon his accents. Reform fol lowed reform—change coursed after change—and at ,the end he turned round and said, the most important and the most necessary of all reforms is, that you, the Dissen ters of England, should share the advantages of them. I am faithful to you. My feelings towards you are the same as they were 20 years ago—but then my colleague the member for the University will not listen to your claims. (A laugh.) Well then, sir, I ask, if that is ,the case, can there be any confidence among the different members of the Cabinet upon the subject of education ? (Cheers.) There may be fifty topics upon which we can prove a dife ference of opinion among her Majesty's Ministers, bat they are, in comparison with the great questions of peace or war, the disposition and distribution of political power, and the education of a nation, so small and petty that I cannot condescend to touch them. There isonly one other subject equal to those great themes—nay, I may say it is even more important than any of them. That is the Protestant cause. It is a subject which surely greatly interests the people of this country; it is a theme which has excited great enthusiasm. What happened a short time ag o? , The noble lord th e l ea d er o f t hi s h ouse took a n early opportunity, after the formation of the Go vernment to express his opinions in the House of Commons u pon the present temper of the Papacy. The noble lord is not a maa who can be suspected cf being a bigot ; the noble lord is not a man who can be accused of a narrow ied ! or o f want i ng any enlightened views; the noble lord des cribed what he considered the hostile and pernicious spirit of th e n papacy at the present day, and he said of the Catholic Church in this country , devoted to a fo reign Pnaee that he believed that its progress P was not fa vourable eo'th e public liberty of this country. (Hear.) Well, wh et breathed thehsaPpened ? Why, the noble lord had hardly given o ff ence l o wrds when it was discovered that they had those who certainly cannot be described as the most eminent of his P fo n ow e e M rs i . nister a o t f h E a n p g p la e n u d eci cal th l e s next day ? The prese nt upon the noble lord t t o be e Nv apl r a l in his expressions—(hear)-- an d writes a letter to the noble lord on wha t he call ge t° say that the opinions of Protestant cause are not shared by many of his colleagues. (Oppositioncheers and laughter.) Ire of t vou taunt r ue, night after nig ht, because I do not propose a vote want of confidence in you as a Government, ov en I show you that upon all these impor tant topics, distribution of political Peace or war, upon the u p th p e 1 8 (1 1'7107 a n t i c la u t n i o d f question of the , and have no confidence ' , Pon the Protestant Power—upon nationa d cause, you are entire ly at v ariance whatever in each other. No, sir, I shall not f eel • it my duty to make this p ro position. _I on t o remember that we have a mo tion before us which we must decide. (I • TO7EII- cal cheers.) Everything w hich I have said h as been strictly • applicable to that motion. (C heers and counter cheers.) Sir, I have shown you that the condition of the finances such that I do not understand how the Chancellor of the Exchequer can possibly meet his engagements atthe e n d of the finan c i a l year, and yet my honourable friend the member for Evesham (Sir H. W asksillougbby) me to i n _ crease his embarrassments. I think the proposition of my honourable friend, viewed by itself, is a sound prop ° . sition. I think it a n unprecedented thing to make a single levy of a tax at the beginning of t h e year, but as I look forward with great anx i ety to the state of the right hon. gentleman's finances, I must express great unwilling ness to take any step, however slightly, to aggravate that. I trust my hon. friend will hesitate before he asks the opinio n of the house upon that subject. (Cheers and le ...counter cheers.) Does th e hon. gentlemen oppos ite • wish l ine, then, to propose a vote of no confidence in the state tit the finances of the Chancellor of the Exchequer? (Cheers Ir ell1: * A0 Ministerial benches.) Well, then, I will, upon • fair conditions, such as lam sure every gentleman will ' approve of, accept the challenge ; and I pledge myself to prom in this house a vote of waut of confidence in bur THE SUN, LONDON, WEDNE S DAY ETENING, MARCH . 22 x , 1854. ; Majesty's present advisers, the moment they give the coun try satisfactory proof that they have any confidence in each other. (Cheers and laughter.) The CHANCELLOR of the EXCHEQI7ER Mr. Speaker, if there be now present any gentleman who, like myself, have sat in this house to hear this debate, since half-past five o'clock, I think they will admit that, at least, it has served one useful purpose, for it has illustrated more signally than any discussion that I can remember the truly English principle of freedom of debate. (A laugh.) Sir, it being my dutyto notice on the part of the Government the topics that might come under the view of hon. gentlemen in the course of the evening, it has occured to me whether I should not shorten my labour if, instead of trying to enumerate the topics which have been detailed to-night, I should take the negative side of the question, and refer to those comparatively few subjects which have not been noticed. why, sir, we have h a d— an d th ese are on l y a few of the principal questions—the right hon. gentleman says that the hour is still inconveniently early, I am afraid it would not do for me to act upon that assumption, but I have a certain duty to discharge —we have had dis cussed to-night savings banks and the management of the great fund connected with them, the constitution of the national debt commission, the balances in the Exchequer, the interest on the policy with respect to Exchequer-bills, the relations of the Government and the Bank, the pro per rules with regard to deficiency bills, the plan for the government of the national debt, the Bank Act of 1844, the mode of establishing a currency free from the influence of foreign exchanges, the comparative marits of direct and indirect taxation, the foreign policy of the Government, and the education of the country. (Hear, hear, and laughter.) And there is yet, sir, one other sub ject which has been touched slightly ; here and there, there has been a faint allusion just perceptible to the amendment of the hon. baronet. (Cheers and laughter.) The right hon. gentleman who has just sat down has closed his speech with an allusion to that amendment, and doffs not seem to like to challenge a vote of the house upon the financial propositions of the Government—(Ministerial cheers), — more than upon any others of their acts. But the. right hon. gentleman has, in the exercise of his undoubted right, thought fit to discuss at large the conduct of the Government ; and here I may refer to the language of the right hon. gentleman, when he charged me with having treated him with unseemly and discourteous taunts. Sir, I do not think that that was a just charge on the part of the right hon. gentleman. In replying to the right hon. gentleman on a former night, I did, as I shall to-night take the liberty of doing, use the legitimate freedom of debate ; and I do not think that the right hon. gentleman is the man, of all others, who has been sparing in his ap peal to that freedom and that right, whether in reference to things er persons. (Loud cheers.) But, sir, if the sight hon ' gentleman had cause to find fault with me for un seemly and discourteous taunts, arising out of the heat of temper, why did not the right hon. gentleman do what any other man would have done, namely, rise in his place in this house and complain—if he did not think it right, sir, to appeal to you—why did he not complain of it on the spot, why did he retain this grievance and this grudge in his bosom for a fortnight, to make use of it in one of his thousand declamatory periods ? (Cheers.) Sir, I tell the right hon. gentleman that if I have been guilty of such taunts I deeply regret it—l regret it with reference to him or to any other man, and I am sorry he did not give me an earlier opportunity of saying so, when I could tell whether or not there was any foundation for the charge. Having said thus much, I pass to graver matters. (Hear, hear.) Now, sir, the right hon. gentleman says that he guards himself against being supposed to ap prove of the financial propositions of the Government. Sir, there is not much occasion for the right hon. gentleman to guard himself on that subject. lam not aware of any fi nancial proposition—l might say of any proposition—but at any rate lam not aware of any financial proposition, great or small, that h•as been made by the present Govern ment, which has had the good fortune to meet the appro bation of the right hon. gentleman ' and with, I think, one exception, I am scarcely aware of any attempt to im pose a tax upon the country which the right hon. gentle man has not resisted, or of any attempt to remove a tax, and diminish the resources of the Exchequer, which the right hon. gentleman has not supported. The right hon. gentleman sometimes speaks of new policies. Sir, until the time of the right hon. gentleman, the subject of finance, during my recollection, has been dealt with in a manner somewhat distinct from general politics, because it has been felt that there is a tenderness in the subject of the public debt, and an importance in maintaining the resourcesof the Exchequer, and the consequence of that conviction hasbeen until within the last twelve months, a general union, as a general rule, in maintaining the ways and means which are necessary to carry on the public service. The right hon. gentleman has thought fit to reverse that rule. The right hon. gentleman will not support the hon. baronet, who, I know, has made his motion entirely independently, but he still says that he reserves to himself the liberty of objecting to the financial propositions of the Government; and upon what does he found himself ? He founds him self upon this most extraordinary reason , that he doe's not consider there is any n ecess it y proved for r an increase of taxation, for he says he does not know whether wo are going to war, or for what we are going to war. Why, sir, his ignorance for what we are going to war has nothing whatever to do with the necessity for an increase of taxa tion. (Hear, hear.) He knows this—he knows that he has himself been a party to votes which have raised the estimated expenditure of the country three millions above the estimated revenue; and having himself been a party to these votes, he says that he cannot under take to admit that there is any necessity for increased taxation. Well, sir, the right hon. gentleman is not con tented with that more limited field of discussion upon which he entered in the earlier part of his speech, and in which I am bound to say he expatiated with a skill and a force that are rarely equalled in debate. The right hon. gentleman, under the influence I think of some malignant spirit—l mean malignant as respects himself—must forsooth enter upon that most ill-omened discussion of the question of confidence in her Majesty's Government. The right hon. gentleman, who was not challenged at all in the matter, must go into a discussion of why he would not propose a vote of want of confidence in her Majesty's Government. He is entitled without doubt to use his own discretion on that subject. If he thinks it right not to move a vote of want of confidence in the Government, I really believe he has good reasons for refrainin„e—(hear)—but whether he has good reasons or not—whether he chooses to move any such vote or not, I am perfectly at a loss to conceive what could have put it into his head to give such reasons as he has done to-night for abstaining from proposing a vote of want of confidence. Why, sir, what reason could there be better than those he assigns, which should make him move such a vote ? He says he will move a vote of want of con fidence in the Government when he sees the slightest proof that the Government have confidence in themselves—have confidence in one another. Ought votes of want of confi dence then to be spared, ought men to continue in office because they are so totally unfit to discharge public duties that even among themselves they do not exhibit a tolerable amount of agreement and mutual confidence. (Hear, hear.) The right hon. gentleman says her Majesty's Government differ upon every vital question—they differ upon the Re form Bill—they differ about the Protestant dissenters— they differ about the Protestant cause—they differ about their foreign policy—they differ, in short, about every question of interest. The head of the Government, he says, has no confidence in the leader of the House of Com mons—the leader of the House of Commons has no con fidence in the head of the Government—the Chancellor of the Exchequer has no confidence in any of his colleagues, and none of his colleagues have any confidence in him, (Laughter.) And that being the state of the case, and we, miserable and unworthy men, being here usurping the functions and aping the character of a Government. (" Hear, hear," from Colonel Sibthorp, followed by general laughter.) The right hon. gentleman says, for these rea sons, because you are so miserable, because you are so dis united, because you are so degraded, I will at this great crisis of the fortunes of England leave you in place, where you are to govern the destinies of the country. (Cheers.) Why, sir, I tell the right hon. gentleman that, if I pos sessed his great powers of mind and oratory, I would rather have been silent altogether on such a subject, than, after having made such an argument, have conducted it to such a recreant conclusion. (Loud cheers.) Sir, notwithstand ing the hour, I am afraid I must occupy at any rate about one quarter of the time which the hon. gentleman has taken up, with some remarks in answer to those which he has made ; and I go as directly as I can to two points on which he made charges against my own department. The right hon. gentleman impugns the policy that I have felt it my duty to pursue, in lowering at an early period in the year the interest on Exchequer Bills ; and he says that there were circumstances that had then occurred that should have shown me the impropriety of that measure. How fortunate it is, sir, that hon. gentlemen, so wise after the fact, did not then take notice of the circum stances that had then occurred. (Cheers.) They are now willing with retrospective finger to point them out. At the time those circumstances were not so visible, and the right hon. gentleman knows perfectly well that, although on this subject, like many other subjects of discussion, he himself was not indisposed to take objection, he took no objection himself at that time. (Hear.) Sir, the right hon. gentleman occupied a long period of time in investi gating a matter of no moment whatever. He stated that I laid claim to a, saving of 20,000/. on the interest on Exchequer Bills. Why, sir, what I stated was this. I said at the time that it was an inci dental observation, scarcely touching the substance of the case. I stated that the actual payment on Exchequer-bills would be less this year by a certain sum than the same payment was last year: But I men tioned that the number of Exchequer-bills this year was reduced. And it has been in dressing out such a subject as this, and in drawing his conclusions from it, that the right lion. gentleman has thought fit to spend the time of the house. Now, the payments in the year are no test of the merits of a policy. Does the right hon. gentleman mean to say or not that I am responsible for the state of things that change the money market, and make it desirable to raise the rate of interest on Exchequer-bills in the au tumn ? That really is the question. He says that there has been a loss, and that I said. on the contrary that the sum payable on Exchequer-bills would be less this year; but if the sum paid upon them were double it would have nothing to do with this point, viz., the imprudence of lowering the rate of interest in the spring. What are the circumstances which the right hon. gentleman quoted? He says, What was the state of the funds, what was the state of the Bank discounts, and what was the state of the bullion in the country? The funds had fallen, the rats of discount had. risen within a fraction from 2 to 3 per cent., and the bullion had changed from 22 millions .to 19; and he argues that, because each of these was a little lower than before, therefore it was wrong in me to make any such attempt as I made. Does the right hon. gentleman mean to lay down the general principle that no financial operation aiming at a reduction of interest ought ever to be tried under any circumstances excepting at the very moment which is the most favourable—not at a favourable or even at a highly favourable moment, but at a moment absolutely more favourable than any other moment, either before or after it. Look at the consequence of the doctrine of the right hon. gentleman. The Bank may raise and lower its rate of interest from week to week—it can do precisely as it pleases; but the Chancellor of the Exche quer, when he fixes the rate of interest on Exchequer bills, must fix it for t elve months at a time. How are you to insure, when you determine the rate of interest, on Exchequer-bills, that the apex of favourable circumstances will be at a given time, and neither before nor after it. Now, I proceeded, with regard to Exchequer bills, upon deliberate conclusions, and I contend that the measure was fully justified. I hope, if the right hon. gentleman thinks it was not frilly justi fied, that, instead of confining himself to discussions and declamations, which are convenient fo r occu p y i ng ti me, but which d o not tend to any issue, however he may be indisposed to move a vote of want of confidence—l hope he will try at any rate to bring this matter to a fair issue. Sir. I proceeded upon deliberate conviction, and I am bound to tell the rig ht hon gentleman, what I h ave never said before, but in conti n uance of this discu ss i on I am hcoimnisPellif,eavd h t o e n say he e h e ld it—thatthe sea l shad of right the Chancellor g ent gentleman m thean Exchequer, been in any position of permanance as a Minis ter, using the word in the qualified sense which attaches to an ordinary Government in this country—he ought himself long before to have done that which I did; and he Would Imo Ws Why of h gondaQuis waste of the pw44o funds if he had renewed Exchequer bills at the same high rate of interest as they bore in June, 1852. In June, 1852, Exchequer bills were at 755., and they fell to 555., and therefore the rate of interest was lowered. These are bills running for twelve moithi; and the interest was lirl. per day, or 455. as the interest for the whole of the year, which, after deducting income tax, came to 435. Well, then, the premium on these bills—which you will recollect are re deemable at par at the expiration of the year—was more than equal to the whole interest, and yet the right hon. gentleman says that that was not a state of things which called for my interference. (Hear, hear.) Sir, I say it is the right of the public to borrow upon the best terms that it can; the necessary restraints of law place the public at treat disadvantage in its dealings with the Bank and other parties ; and on account of these great advantages inherent in the nature of their position, it is still more the essential obligation of the Chancellor of the Ex chequer to borrow for the public on the best terms that he can. Now, I say that the time I made the re duction to ld. a day was the proper time for doing so, and I prove it by saying that I did it. The honourable member for Peterborough, with less attention to accuracy than I should have expected from his position, says that I reduced the interest to ld., and the bills then fell to a dis count. Well, was there anything that intervened between those events? Does the hon. gentleman mean to say that they fell to a discount when I reduced the interest ? Sir, the reduction of the interest was announced in the second week in February; and here are the prices of Exchequer bills on the business day of each menth, and the Ist of June is the earliest of the days on which there is the slightest mention of a discount. Therefore, I say the hon. member is seriously in error on this matter, because for three months after the reduction of the interest the Exchequer-bills remained at a premium, and therefore the fair inference is, that when they c ame to a discount the change took place on account of the increasing pressure on the money market, and not on account of the reduction. I propose to adopt what I think is a fair mode of dealing with this question. The right hon. gentleman, who was so large and full on such a multitude of points of perfect unimportance, which he dressed and decked out with a finery belonging to himself, passed over in total silence and oblivion those other matters that were not so conve nient for him to notice. I made a reference when we dis cussed this subject before, - which I think a fair reference, and one calculated to bring this question to an issue ; be cause the charge made against me, if I understand it, is, that by an imprudent reduction in the rate of interest on Exchequer-bills last spring I caused a violent reaction and an increase of expense. Well, then, if that be the case, what I say is, that I will look to a neighbouring country. You say I produced a violent reaction that I am now paying (and it is true) double the rate of interest that I was paying twelve months ago ; and the reason you give —which is not true—is, that, the reduction I made was too low. Well, !now, what was the state of the case twelve months . ago in France? Twelve months ago the rate of interest on one class of French Exchequer-bills was 1i per cent. ; and I think I may say, with all due respect, that it was not a hope less case for the English Government to expect that their bills should float for longer dates, at the same rate of interest, with tho Exchequer-bills of the Government of France. You say I would net have required to double the rate of interest unless I had first reduced that rate of in terest too low. Well, but look at the case of France. The Exchequer-bills, which were at the rate of 11 per cent. twelve months ago, only a few days ago were raised to 4 per cent. So that while I have to double the rate of in terest on Exchequer-bills, the French Government had to treble the rate of interest on their Exchequer-bills. Now I shall trouble the right honour able gentleman for an explanation of that fact, when he next sets him self to complain of my imprudent reduction as having doubled the rate of reduction on the rate of interest on the Exchequer-bills. (Cheers.) Sir, it is not necessary for me to enter at great detail into these matters. The right hon. gentleman spoke in the most alarming terms of the formi dable accumulation of deficiency , bills. He said it might be very true that we had saved 10,0001. or 20,0001. on Ex chequer-bills ; but what was that to the very serious loss which the country would sustain on the deficiency bills which that saving rendered necessary ? Sir, here are the returns of the deficiency bills for the three last quarters, being all that have yet been made urn. The cost on defi ciency bills for the first of these quarters was 621. ; for the second, 7701.; for the third, 4811. (Great laughter and cheering.) A sum amounting to between 1,0001. and 1,2001. is the whole amount of charge caused by these tremendous and overwhehningdeficiency bills. (Renewed cheering.) The right hon. gentleman, I confess, some times appears to me, in the heat, or, at least, in the force which he brings to bear upon these discussions, to dilate upon these subjects in a manner which might tend to cause great alarm in the public mind. I remember, sir, on former occasions, when questions relating to the public credit were discussed, it was done with great res erve . At a t i me when not more than 900,0001. remained as a b a l ance i n the Ex chequer, to meet the demands of the next quarter day, the fact was alluded to, indeed, but the allusion was made in grave and sober terms, by no means in those orations which we are now accustomed to hear night after night ; and I must confess that at first serious alarm entered my mind, when I heard, and admired while I heard, the brilliant oratory of the right hon. gentleman ; but at the same time serious apprehensions entered my mind, lest, knowing the high authority of the speaker, alarm should seize upon the public mind. I said, here is my predecessor in office tells ing the public that it is impossible for the Chancellor of the Exchequer to meet his engagements next quarter day. Sir, that might have caused great alarm among gentle men in the City. The last time when the right honour able gentleman favoured us with these displays—l know not how it may be to-morrow—(laughter)—but the last time he so favoured us was on the 6th of March. On the 7th, I was curious to know what was the effect of his speech, and I found that the Consols, whioh on the 6th stood at from 901 to 91, stood on the 7th at from 91 to 91k. (Roars of laughter.) After all the dark anticipa tions I had formed, air, I confess this proved to me no inconsiderable relief. (Cheers.) I come now, sir, to the main questions on which the right hon. gentleman has challenged me—the two main topics in his speech —one of which was the abortive action upon the funded debt, and the other the state of the balances in the Exchequer. Here the right hon. gentleman marshalled against me a great array of premonitory sentences, and after a long accumu lation of epithets, he wound up with the declaration that it was absolute madness—l think those were the words— absolute madness to present any plan for the reduction of the interest on the national debt last March. Bat the right hon. gentleman forgets that I referred him before to his own opinions. (Expressions of dissent from Mr. Disraeli.) No, he remembers that, but he forgets what the opinions were to which I did toter him. He comes dowh here in March, 1854, full of wisdom, after the fact. But he forgets what was the state of opinion in March and April, 1853. Sir, I was curious to know what was the state of public opinion at that time ; what was its action upon the funds ; what were the general sentiments among those interested in money matters; and those who will take the trouble to refer to that period will find that all who censured me on that occasion, censured me because I had secured too little for the public. (Cheers.) I referred to that opinion expressed by the right hon. gentleman • and he says, what a wretched thing is the argumentum acl horainerc But, sir, I did not use it as an argumentum, ad hominent. I used it, because at that time, in his objec tions, the right hon. gentleman represented public opinion, and because he knows that public opinion has varied, therefore the right hon. gentleman has also altered his tone. But the right hon. gentleman did then make that objection. We did not hear a word then about the prospects of a bad harvest, or of the state of the funds, but the right hon. gentleman went into a long and imposing detail of the state of the public debt. He showed how one Minister after another had reduced, some one million, some one million and a half; and what do you mean, he said by your paltry reduction, which even at the ou t s id e cannot amount to more th an h alf a million a year. It will not do that he should say, what any of us may say, that we have learned samething from the experience of the past. Oh, no, he says, all the facts where then in exist ence. But he entirely forgets to allude to the fact— though I reminded him of it the other night—that both he and his learned brother in finance beside hind united in warning and censuring me, not because I proposed a re duction, but because that reduction was so insignificant. Sir, I must now refer in a few words to the question of the balances of the Exchequer ; and in doing so I must refer to the speech of the hon. member for Peterborough. Far be it from me to complain of the speech of the hon. gentleman. I regret that in subsequent allusions to the speech of the hon. gentleman he was described by several members as the Bank director; not because I do not think that he is a most useful and worthy Bank director, but lest the impression may be produced out of doors that he spoke in his official character of Bank director. But, s i r , I thi n k the house will s ee , f rom th e speelh of the hon. gentleman that the relations between the Bank of England and the ffnancial department of this country, though of an intimate are still of a most independent character ; and I fear, moreover, the impression may be produced that the rela tions existing between him and me are not eminently favourable to the fortunate conducting of our financial affairs. (Hear.) Sir, I find no fault with the speech of the hon. gentleman, but I think it may be inferred from what he said that I had recently been to the Bank more or less as a suppliant, asking for loans at less than their mar ket value, and putting upon the Bank a pressure, on the assumption that it was bound to have regard to the inte rests of the Exchequer, apart from its own interests as a standing corporation. Sir I disclaim any su c h i n t en ti on or act ; and, moreover, I think I may say, though I was not present at the meeting of the Bank proprietors held a few days ago, but I have been informed that a question was then put to the Governor of the Bauk by one os the proprietors, who wished to know whether a proposition had been made which was favourable to the interests of Government, but at variance with the interests of the Bank, and the Gover nor, as I am informed, replied distinctly that he had 're ceived no such proposition. Sir, it is perfectly clear that the Government have no right to demand a pecuniary ad vantage of a single farthing in their transactions with the Bank. It is the business of the Bank to charge the Go vernment—and it would be perfectly compatible with the most friendly relations between them to do so—the fair value for any accommodation which they may afford. Sir, the honourable gentleman also dwelt upon the history of the deficiency bills in a manner which I think may cause serious public misapprehension. What is the state of the case ?Isit a question of principle or of degree ? Is it the opinion of this house that deficiency bills are an illegiti mate means of supplying the public exigencies? If they think so, let those who think so repeal the act of Parlia ment by which the power is committed to the Chancellor of the Exchequer to negotiate the issue of deficiency bills. I contend for directly the contrary. The act was passed forty years ago, and they have been in use ever since. The hon. gentleman quoted the state of th 3 balances dur ing the last six years; and it is true that they have been less used during that time than during the thirty-seven years before. And why ? Because, for the last six years, the excess was the other way. The deficiency in the revenue was so great in 1841, the deficiency bills had attained such a height in combination with a deficient re venue, that they exercised a pernicious influence upon pub lic cre,lit. Is that a reason why we should not reserve a reasonable and a moderate amount of deficiency bills ? What is the opposite doctrine ? It is that the finance minister ought to have a constant accumulation of money in the Bank throughout the quarter, beginning by low balances of half a million or a million, and running up at the end to nine or ten millions. I. do not believe that is a very good course to be taken, either for the trade of the country, for the Bank, or for the Government. You wait, then, to hear what is the opposite doctrine upon this sub ject. My doctrine is, as I have said, th a t a mo d era t e an d reasonable use of deficiency bills is not only compatible with the welfare of the country, and consistent with the maintenance of public credit, but that it is the most con venient for all parties. (Hear.) The hon. member for Peterborough accedes to that doctrine ; but then he says that the present amount of deficiency bills is an excessive amount Mr. HANKEY—I did not say excessive. The CHANCELLOR of the PciiEQUER—I do not mean to quote the exact expression used by the hon. mem ber, but rather the effect of what he said ; and, as I under stood his meaning, it was that the Government had issued xu9re deacienoy than they oght, lay own yiew of the amount of deficiency bills which will be brought to charge in the next quarter is that it will be from 4,000,0001. to 4,500,0001. ; and, as I have said upon a former occasion, I consider this to be a larger amount than it is desirable to have permanently. I should say that if the amount called for permanently was 2,000,0001. or 2,500,0001., it would be a very good arrangement. Then, of course, it Gould be the duty of the Chancellor of the Exchequer to make use of such means as he has at command to reduce that amount from quarter to quarter; and it would be in his power, if the finances of the country are kept in a state of soundness, as I believe they will be by the care and wis dom of the House of Commons, to effect that purpose in 3 or 4 quarters. Ido not wish it to be understood by any means that the amount of deficien,e , bills now called for is either unprecedented or rare. If I look back to the years from 1840 to 1843, I find - the amounts during that period com monly varied from 4,000.000/. as a minimum to 7,000,0001. and 8,000,0001. and even more. This, being combined with a deficit, is an impolitic, an undue, and a dangerous practice. But Igo further back. You seem to think that there can be no deficiency bills except as an indica tion of an unsound state of the revenue, of weakness in public credit, and of deranged trade, But I will take the years 1832, 1833, 1834, and 1835, to show the fallacy of that opinion, because every one of those years was pro sperous • they were each a y ear o f surp l us revenue , o f a sound state of public credit, and of a prosperous state of trade. In 1832 the smallest amount of deficiency bills brought to charge was 3,353,0001., and the largest 7,756,000/. ; in 1833 the minimum was 4,830,0001., and maximum 7,230,000/. ; in 1831 the minimum wise 4,480,0001., and the maximum 6,757,000/. ; in 1835 the minimum was 3,590,0001. and the maximum was 6,500,0001. The ave rage of the minimum was 3,878,000/. ; the average of the maximum 6,967,0001. Is then, 3,750,000/., - 4 which is about the total amount brought to charge in this quarter, to be considered an alarming amount, being less than the mini mum of these sound and prosperous years ? I think not. Sir, we must go to book upon these subjects. It will not tdioes. We to decelamimusut lookpo upon them vtahginugesaansd practical amusing men,g generali ties. n r a a n l id doing so, I say that the amount brought to charge is not an excessive amount. The hon. and learned member fur Wallingford (Mr. Malins) had been pleased to say he will not be hard upon me,ibut that be wishes me to understand that matters of finance are very important and delicate operations. Sir, I am deeply indebted to the hon. and learned gentleman for a lesson of a nature so far removed from my common education that I never could have hoped to have attained to its possession except through his kindness. (A. laugh.) There is, however, one point more, which appears to have been one that hit the fancy of the right hon. gentleman. It was not a question of the arguntentum ad hontinent ; but he said these are opinions merely," and then he proceeded to draw a strong and glaring contrast between a man's opinions and his conduct. Opinions are nothing; conduct is every thing. Then what is the use of opinions? I apprehend they ere intended to have some influence. I take it for granted that the man who stands in the place where I now stand,'occupying the office of minister of finance, and giv ing an opinion upon finance, is not to be allowed subse quently to evade the consequences of that opinion by say ing that he did not act upon it. It was his opinion; and I will suppose it was his sincere opinion. If it was his sin cere opinion, it had the weight of his authority, and I am entitled to presume that when opportunity offered he would be prepared to act upon it. (Hear.) How can he evade the consequences of it ? I find myself, sir, at a late hour (ten minutes to two o'clock) after such observations as I have thought it necessary to make to the house in the po sition of having to deal with the motion of the hon. baronet. To that motion I have not yet made the slightest allusion. In that respect I have followed the example of all who have gone before me—(a laugh)—l have been equally vicious in principle, but I trust it w ill be allowed that I sh a ll b e more mo derate in degree. In a very few sentences I will say why I cannot agree to the motion—a motion which has been made,the battle-field for all sorts of subjects, though the honourable baronet brought it forward in a straight forward way, and with a proper and earnest conviction that in doing so he is only doing his duty. It is impossible to accede to the motion, because the object of the Govern ment has been to reconcile together several purposes that might be consideretl in conflict with one another. We might have attempted to form an estimate of the year's ex penditure. If we had done so—if we had taken a year's estimate of war expenditure —we must have asked the house for a very large sum ; and if we had asked for a very large sum, we might have asked for a sum greatly beyond that which the exigencies of thewar may require ; for I will not pretend to say, looking at the powerful combinations that have been formed, that it is impossible to bring the war to a close within a short time. We have thought it wise to take warning by the experience of our predecessors; and to come to this house and say, "We will leave the I power in your hands by asking only sufficient for a limited term." We say, " You are going to sit for four or five months ; and we will reserve to ourselves the oppor tunity audit° you the powerof considering towards the close of that period the appearance of public affairs, and the probable demand that will be made upon the Exchequer for expenditure on the war." But by taking the other course we must have asked for a sum that would have been deemed extravagant, and then we should have been told we were calling for money which we were not sure we should want. What did Mr. Pitt do ? He brought in his budget early in the year—the first year of the French war. He produced a budget for the whole year ; and he took for his extraordinary expenditure, 1 ,250,000/. For the period of a whole year no more was heard upon the subject; and in the next year Mr. Pitt informed the house that, besides having absorbed the 1,250,0001., he had laid out 6,000,0001. and that there had been extra expenses, unprovided for by the votes of Parliament,"amounting to about 5,000,000(. Sir, that would not day . atisfactory state of things for this house at this time of It was, therefore felt to be our duty to inform the house of the demands made upon us. In order that we might deal with the house in freedom and confidence, we put them in possession of our present wants, leaving it to the house to provide for further emergencies. It was, therefore, necessary to ask the house, as we are now doing, to make provision for six months' expendi ture by six mouths' taxation. If we had asked for the expenses of six months' war upon twelve months' taxation, the hon. baronet will see at once tho position in which we should have been placed in relation to the great object of making the expenses of the year to bo paid within the year. Much has been said tending to disparage the principle of raising the supplies for the year within the year ; and words have been used which seemed to indicate an inten tion—perhaps not yet formed, but which may grow into substantive and distinct development —of endeavouring to induce the house to depart from that most sound principle. I do not intend now to discuss the obligations of the house in that respect. All I will say is this—that I trust the house will, both upon moral and prudential, as well as eco nomical considerations, adhere to the very utmost of its powers, and in the most rigid form, to this valuable prin ciple of raising the supplies within the year. And I think I may venture to promise, on the part of the Government and of myself, that, so long as there is upon the part of the house a disposition to do justice to the country in this respect, we at least shall be ready to fulfil our part. Colonel SI3THORP said the right hon. gentleman had alluded to the moral and prudential considerations which acMated himself and the Government. Their intentions • were to be economical. Now, having an experience of 26 years in that house, he had learned this —never to rely on the statements and promises of Chancellors of the Eix chequer. (A. laugh.) He had no opinion of them at all. They were all full of duplicity. (Laughter.) He would ask the Chancellor of the Exchequer whether, if he should like the Emperor of Russia to have a good licking— (laughter)—he would remit the additional income tax which he now proposed to impose ? The CHANCELLOR of the EXCHEQUER said that he was afraid he could not promise not to call for the ad ditional income tax, even if there was no declaration of war, because this modicum of taxation would in fact be necessary to defray the expenses of the present expedition to the East. The amendment was then withdrawn; the original re solutions were agreed to, and a bill founded upon them was ordered to be introduced. The house then adjourned at five minutes past two. RAILWAY SHARE MARKETS. LIVERPOOL, MARCH 21. STOCK EXCHANGE.—The share market has been dull and depressed again to-day, but closed rather better than at the lowest point. Caledonian, 20,f ; Eastern Counties, 12 ; East Lancashire, 15; Lancashire and Yorkshire, 61w; Liverpool, Crosby, and Southport, 10k; London and North-Western, 87i ;_ Manchester, Sheffield and Lincoln. 20$ ; Midland, 57 ; Birmingham and Derby, 33 ; North British, 7fi ; South-Eastern and Dover, 18 ; York and North Midland 224, RILNCRESTER, Mallon 21. STOCK tacHANGE.—There was some fluctuation, but with the exception of London and North-Western, which sold at 1/. lower, most of the principal stocks were rather firmer at the close than the opening, with a considerable business. Manchester and Birmingham, C Quarters, 1-16 pm ; Sheffields, 20,. • Ditto New Pref., 1-16 pm.; Mid land, ; Dovers, 18 ; Leeds, 61/ ; London Stock, 988 Counties, 12i ; Caledonians, 264. East Lancashire, 15; Ditto Pref. Quarters, 8/ ; Eastern LEEDS, - MARCH 21. STOCK EXCRANGE.—The share market is dull to-day, and prices are lower, the heavy stocks having declined since morning. The transactions to-day are :—Midlands, 57$ • Caledonians, 261 ; North-Western (Skipton line), 7 ; aneLancashire and Yorkshires, 61. i. SHIPPING -INTELLIGENCE. S., long. 30 IV. - ... VESSELS SPOKEN WITH. The Bosphorus, front London, Feb. 23. The Usk (brig), bound south, Feb. 26. The Express Liverpool to Melbourne, Jan. 22, lat. 19 and foremast heads. The Great Britain steering south, same day. 61 days out, with loss of foretopgallant The Alceste, Liverpool to Port Adelaide, Jan 26, lat 1 S.. long. 21. W. The Praux, Canton to London, Feb. 26, lat. 38 N., long, 19 W . . . The N ew O r l eans, Nov. 24, lat. 32 S., long. 89 W. The Bucephalus, The barque N o . 2853 , Dec. 17, standing to the south, Jan. 2, lat. 28 S., lo ng . 22 W. lat. 25 S., long. 65 E. The ship N o. 9,638, from Canton, 80 days out, i n s i g h t of St. H e l ena. A ship, N o , 7,926, Bombay to Liverpool, Jan. 31, lat. 14, lon g . 9 W. The Eleutheria Clyde to Melbourne, Oct. 1 2. The Eclair, Bordeaux to Sydney, Oct. 27, lat 38 S., lons. 23 W. Hampden, Bombay to Melbourne, Nov. 25, lat. 34 S., long. 129 E. 135 E he. Melia, from Liverpool, Dec. 4, lat. 40 S., long. The Benares London to Melbourne, off Cape Otway. The Herefordshire, London to Melbourne, Sept. 13. The Carnatic, for New Zealand, lat. 44 S., long. 63 E. 22 W. The America, Amste r d am t o M e lb ourne , l a t. 4 N., long. The Dominion, for Sydney, lat. 4 N., long. 14 W. [ADVER TISE S IENT.I—HoIIoway's Pills the greatest wonder of modern times.—They correct bile, prevent flatulency, cleanse the liver, purify the system, renovate the debilitated, strengthen the stomach, increase, the appetite, i nv i gorate the nerves, promote health, and re instate the weak to an ardour of feeling never before ex perienced. The extraordinary daily sales of these in valuable pills in all parts of the globe astonish everbody, convincing them that there is no other medicine in ex istence equal to Holloway's pills for removing the com plaints which are incidental, to the human race ; they are, indeed, a blessing to the afflicted, and a boon to those who suffer from any disorder, internal or external. —Sold by all druggia, and at ProfemOr Holloway'P Egtablitment, 244, Strand, London. SHARE MARKETS. (THIS DAY.) BRITISH RAILWAYS. RAILWAY/. Closing Prices this day. Business don• Ms day.. IPald, Aberdeen Ambg Nottng. Bost and Easta. Junet Belfast & Ballymeua Birmiug. Wo'verb. & Stour Valley. . . . I Birkenhd. Lanesh. 6 Cheshire Junet Do. Chesh. & Birk., £5O and 225 Cons. Do., Blyth &Tyne original £25 (issd. at £45) Bristol and Exeter... Cialedouian Chester eat Elolyhea, Cork and Bandon. Cork, Black, & Pass, Cornwall Crieff Junction Dnblin&BellastJuitc. Dundee Perth&Aber. deen Junction Do. New East Anglian Do., (£l.B E Si H) Eastern Counties ' Eastern Union, A Stock Do., B. Stock Do., New ... 'East Lancashire Edinburgh& Glasgow Edinb. and Peebles... Edin. Prth. &Dundee Forth & Clyde June. - Glasgow& S. Western Great Northern Stk. Do., A. Stock.. Do., B. stock IGt. Sth, &West.(lre, IGreat Western 'lrish Solari-Eastern Lancaster & Carlish Do., Thirds Do.'llevz Thirds Lancash.andYorksh. Do., Fifths ID a., Wst. Riding Um Leeds Northern all all 8; 'lOO 100 Liv. Crsby.poutlipt Loudon & Blackwal Lond. Tilb. & Sthend Loud. Bright & S. Cat , Lond. and N. %sty, Do. Fifths 100 423 - 34 all all 100 100 - 100 47. 17 all 100 5h.,M&8...( Do. Eighths London and% Westu Do., £5O Do., £4O I Lrufiulrry& Coleraine Lndndrry. & Enuisk. Manch.Shof. & Lindh Do. , Mau. & Lin. Un Midland Do. Birmug. & Derby , nidld. G. West. (Ire.) l Do. Half Shares Newcastle & Carlisle Newmarket Do., Bury Extension. Nwpt.Aberg.&Hrfd. Newry & Enniskillen Newry Warreupoint and Rostrevor....... Norfolk .... Northn.Counties Un, North British North Devon, No. 1 Do., No. 2 17, all 10 1 Do., A A Deferred Do., A B Guaranteel North London 'Do. New £lO. N. &S. Wstrn. , Hamp stead, and City Jn., North Staffordshire , North Western N. & S. Westrn. June, Nuneaton, Hinckley, and Leicester.. Oxford, Worcester, & Wolverhampton Portsmouth Scottish Central Scottish Midland ' Shrewsbury & Bit nig Do. L. & N. Western . Guarante ad St &ea Shrewsby. & Herefcl Shrewsby. & Chester (N. W. Min ;., Do. Hal ves,r,': IDo. Oswestiy. Shropshire Union Do. A, B, C,& D,fully paid up at per cent South Devon South Eastern, South Wales IS. Yrksh. dx Riv. Dull' Staines, Wok. & W ok Stockton & Darling. Stockton & Hartlepi. Taff Vale . Do. £lO shares... Do. Prof., No. 1. (Thames Haven Dock I and Railway Vale of Neatii Waterfd. & Kilkenny Waterford&Limeriek West Cornwall. West End of London and Crystal Palace West London. WimUledii & Croydon York Newetl.&Berw. Do. Extensions Do. G.N.E. Purchase York &N. Midland PREFERENC. .kberdeen . Do. No. 2, 7 p. a Blyth and Tyne 10 per c. pfef. (issd. at 500 Bris. & Ex. 4 p. c, St. Do. 4 p. c. §nares r ialedonian £lO Chester & Holyhead Guar. 5i per cent Cork dr Bandoithip.e Dundee Perth &Aber deen Junction EastAnglias (I:310s) 6 per cent Do. (a) 7 per cent 'Do- (£7l7s) 7 p. c Eastern Counties Ex tension, 5 p. c. No. 1 Do. No. 2 .Do. New 6 p. c. Si. Eastern Union, Scrip Guar. 6 psi cent Do. 51., 10 per cent Do. 101. Debentr.Sh- East Lancash. 6 p. cts. East and West York shire June. Pref EdinbPrth.&Dundei 5i per cent. Glasgow &S.Westeru Guar. 5 per cent Great Northn. 5 p. c Do. 6 p. c. Redeem., at 10 p. c. prem. .. Do. 4i p.c. Scrip Gt. N. of Scot. Ist Prof Gt, Southu. &Westin. (Ireland) Eighths) Do. 4 per c. Pref. Sh Gt. Westu. (Berks.& Hants Ex. 5 p. Do. coy, red. 4A p.c. Do. con, red. 4 p. c. D. irred. 4 p. c..., Lan. & York. F. £2O Do. 6 p. c. Stock Leeds R. 6 p. c. No. 1 Do. Quarters, 1848 Loudon and Brighton Guaranteed 5 p. c Do. Pref., 5 p. c. St. fOo. Convertible, 5 p. c., 1852 Do. New Guar.6 p. c f,on. &N. W., Coy. 4 Nuneaton London & S. Western Con. Thirds ndonderry & Color Shares ..... Loudy. & Ennis. Sh Ilan., Shef., & Shares, No. 1. ,Do. New, £lO . Do. £6 ... . ,efarypt.& Carl. 4 p.c Do. .h per cent Do Consol.6 p.c.St Do. Consol. Bristol %rm. 6 per cent 1 Do. Pref. 4i per cent Norfolk Debenture Do. Prof. 4 p. c. Stock Do. 5 p. c. Ext . . Do. 54 per ct pref.._ Do. Way. Val. 5 p. c North British North Staffordshire Oxford, Worcester, & D l o Volverh. £ 15, 6 p.c. Scot. Cent., New Prei shrews. &Birm.N.G, Shrewsby. & Chostei (Nor.W.Min), 8 p.c. Do. 5 per cent south Devon. De. fixed, , 4 per cow S. Eastern (Readius.- Ann.) of XI. Os. 6d Do. 44pez cent. S.Yorksh.4p.c.Guar. Stockton and Dar. lington, 4 per cea. Do. do. ' do. Stockton and Hartle pool, guar. 5 p. c. till let July, 1856 Waterfd.&Kilk.6p.c. York, Newcastle Berwick,4 p.c. Pref. D 0....................... York&N. Midland Pad 21 - 23 4fi - 4fi 8, 9 12 —lO dis 14i - 18 64 - 5441 89 - 91 52i - .531 11 - 15 9 • 11 ii -: ia 74 - 8 15i -- 163 llf llf 36 - 40 24 - 26 59 - 61 55 - 57 ..• - ••• 22 - 24 83i 85 , 77 79 120 - 122 1 90 - 92 1 744 - 76 88 - 91 11 -12 r 11 12 1, 61i - 62 ••• - ••• 12i - 13 8 par P 97 —9B 97} -97 i td— id Par I'l 76 77 11 10 21 to 9 di 20 - 21 57i - 68 31 - 33 41 idl 2 - 6 - 8 43 - 46 3# 3A , . 30 31 8 10 1/ - 1 6 4 - 74 50 --- 54 4 --ip 64 64d 7 74 29 - 31 87 89 54 - 55 57 • - 59 55 GO 3 2 d 15i -- 164 7* -- 8 11i -- 12 4 3k -- 30 13 15 594 -- 604 3 33i id 333 4 £ ii io o• --.• ... 2 - 14k 15i 44 - 5 24 - 5 - 6 .•- • • 6 - .7 62 63, 9i 94 4f —44 d 444 -- 46§ 'E SHARES. 9? :: is 6 - 6. 31 - 4 - 4i P P 121 =I3IA 23 24 ... -- Xd 3 1 3i .iO 100 91 9 I'd' 7 —8 td xd 64 7 96 98 90 95 91 93 Icl 33 13) ••• 101 9i ••• ....... ••• Xal 2i --2 i xd .i2i 6 7 94. 91 id APIn [ 133 135 xd ••• - ad ••• - xd ••• ad ••• xd ••• -- ad 95 - 100 9 - 10 16& -- 17 10 --10 i 11 -- 13 id -- 4P 23 - 234 17 -19 • •"''' a • 2 --d 87 - 92 3 i - 31 ik = ti 4j zd It. 100 3t. 100 it. [OO ;0 5 ,t. 100 .5 all 641 6, WI all 3il all 5 all 7i 2 6 all 61 all 1.0 all !O all 5 all [0 all It. 100 5 all 51 all .0 lO 0 0 61 all 0 4 0 6 !t. 100 It. 100 1.6 6 It. 100 !O 13 .2!, 9 ,t." 100 It. I{oo io 1 au It. 1100 It. 1100 L 241 all CI all LO all 6 4 L 2 all L 2 all 2 10. it. 100 it. 100 101 5 6 It. 100 It. 100 It. 100 It. 100 L 5 15 8i all 8 all 10 all .0 I 10 5 I all .0.61 all It. 100 .!0 all 5 all 5 1 5 2.41 all 5 1 3 t. 100 :51.71 5 10 12 11j 59 60 693 56 881 9 7679 120 1.1 90 89;• 744 5 41 61 4 i :: 9i t, 97i 98 7i 774 6} 20,} 57 i 1 332 293 30 11 10i 60 591 604 f 9 4 14. 63 2 101 f gi 5 II I dis rd LINES LEASED AT FIXED RENTALS. Leasing • lsi ong Price.: itusiness Shr Paid. , RAILWAYS. compans. this day, this day. 50 all Redford and Liondon Blotchley.... N. West St. 100 Buckghamsh. L&N.w. 93 95 50 all ClydesdaleJc. St. 100 IL Lincoln gr. 6 per cent. lt.Nrtlan. 25 all alas. Barr. & Caldonian. Neils. Direct 25 all Do. Now__ Do 25 all .A.str. di Dn. Fr Gt. West', 28 30 100 all .Irtlpl. Dk. New. Railway & Be r w 50 all Bull & Selby .&Nnt 1.00 102 25 all Do. Shares. Do 5O —52 124 all Do. Shares. D 0... 25 —• 26 134 all Lon.&Greenw Eastern 13 132 20 ali Do. Preference Do 2t 252 20 100 Lowestoft gr. 4 per cent. Norfolk ..• ••• 20 100 Do. 6 per et. ••• ••• 52 all Bauch. Bxtu. rJ.& N. WT. and Matlocl. & Midid 2i 2ixd. 211 x d 50 all Nfiddlesbro' & qektou & Redear Darlingt. 100 all \iidld.Bradfd 93 •-•-• 95 50 all :Northern awl Easternsp.e. Count. 55 57 50 Do. 6 per et. D 0 ... 50 all Do. Fixeds p Do 25 all Prest. & Wyre L. &N.W &Ln&Ylc xd 122 12 Do. 2 Shares. Do St. 100 Roystn.& Hit. Gt Northti St. 100 Do. Sliepth. St Do . 25 18;? ; Laucash & Goole g. 5 p.c. Yorksh. 12, 9A S. Staffordsh. A.MCleab 2i 2dis 50- ...if Wear Vallcyg.l -tockt. & 6 per cent... Darliugt. 25 all Do D o 2B 29 St. 100 Wilts&Soinrs , AWestn. 93 -- 95 MINES, &via, Fria luglo Anstrin. Gold knglo Californian ... I.ustralasian . 'Lu.straliau all ustralian Cordillera Australian Freehold Ave Maria all 13.5 -24 i all 15 A Baden (Gd. Duchy of) Biaenarvou Ir. & Coal isritish Austria. Gold ,Ilritish Iron i3raziliaulmp.(issued at X 5 pm Do. Coeaes dt Cuiad4 )o. St. Johu Del Re ,larson's Creek Clarendon Con. Min Co. of Jamaica Cobre Copper Colonial Gold 1 10 1 1 Copiapo Copper Min. of Eng 1.)o. Pref. 7.i p. cent, English and Austria Copper Smeltg. Co General Great Nugget Vein Do Registered - Clrreat Polgooth Liberty Linares r , oud.&Californ.Golii Quartz Crush. Co Nfariquita tlexioan&S.Amerien Yew Granada Vcw Linares Mining and Smelting C 0... 4ouveau Monde._ . Pontgibaud Silver Lead Min. & Smelt Port Philip Quartz Rock I:hyinuey Iron Do. New Hiautiago do Cuba , '')uth Australian - - i - 4 - 9- A 7-- - A 31 - - 31 - 39 - 10 - 50 - 14 p 11 Pm Croft.. 4i 24 33. d 60 4 pl li - 24 - 1# - 4 - I.i - - I - 6 I 1 - United Mexican ~ 29 - Waller 3} - d lb 31 10 all West Granada all West Mariposa 12 s . Worthing Mining of • all Yuba 4 - d 44 3.1 d - FORED 7 Antwerp&Rotterdam 3 Belgian Eastu. June. 8 13eziers to Graissessay !a. Bombay, Baroda, an Central India, Se rii Central of Italy .11 Charleroi & Erqueiin 11 Demerara 4 Dijon and Besancon 8 Dutch Rhenish 11 East Indian 2 Do. Extension .11 Gt. Indian Peninsula .0 d. Juliet. of France .0 Grd. Trunk of Cauade Do. Debentures 11 Do. do 0 Gt. Central of Frane, 11 Gt.Westernof Canada Shares Do. Bands (Ist is.)'s7 .5;. Hamilton & Toronto ,11 Do. 6 per cent. 5 hako Const. & Basle imeca& Pistoja 5 p.c. 20 I 20 21 20 - 1 20 20 20 20 11 25 11 100 31 100 a] 20 li 206 a] 20, t [oo' al 20 20 I 1, 10 11 - - pref .5 - Luxembourg .0 (Railway) 2 Do. Pref 3 Do. (Canal) 5 ►o. 6p. et. prof 8 Lyons and Geneva .2 Lyons & Meditermu Aadras 4. Maria Antonia 11 Do. do. New 20 20 1! 20 li 34 3', 10 a] 20 I , 20 al 2 !Melbourne Dk. & Ry. ( Namur & Liege (wit ± interest) 20 all Do. (ex interest) 16 all Northern of France Do. 201. 3 p. c Bds ,11 (fmy.B.& Ams.Slis.) dl NorwegianTrunkpref [0 Paris and Lyons at Ditto Bonds .. 11 Paris and Orleans... 31 Paris and Rouen 11 Paris and Strasbourg .0 ParisCaen & Cherbrg. .0i Quebec & Richmond .11 Rouen and Havre .2 Royal Danish 2 Royal Swedish .11 Sambre and Meuse 6 Do. 54 p. cent. Pref 6 southern of France 6 it. Andrew's and Quebec (A) 11 West r landers di Do 54 per c. Prof .0 Western of France 7 West. of Switzerland 2 Wiesbaden .5 Zealand 20 a' 10 a 20 1 40 a 10 al 20 a] 20 a 20 11 104 1 20 20 I 1! 20111 20 1 JOINT-Si li iNnstr.iiasia 11 'British Colonial Bank and Loan Companyi .11 British N. Ainerical. 5 Chartd. Bauk of Asia 2 ilirtd. Bnk. of India, Australia, & Chini 6'olouial 0 Commercial of Loud .0 uglish Scottish any? Australian .5 Cond. Chart. Bk. of Australia 9 London and County .0 London Joint Stock !O Loud. & Westminstcl 15 National Provincia of England .0 Do. New National of Ireland. dl New South Wales di Oriental Bank of Corporation 5 Do. New 5 Provincial of IrelaM 1.1 Do. New Royal Australn.Bkg & Gold Imp Co , 11 - iouth Australia 11 of Australia 2? Do. New Union of London__ 40 a] 40 I al 50 al 25 20 100 1 100 21 20 11 20 . 11 50 21 50 11 100 21 100 3 20 11 50 2: 20 a] 25 al 100 I 10 al 25 I a] 25 I a] 5O I 1 25 1 20 1. 10 50 I3', 100 I 3; 25 I 21 15 20 11 20 20 I 11 4 —3.4 d 44 :4(ti Id ip 4 - - 3 p A - . 5 - 3d 3i 22 23 8 lop lip 9 lip dis 6 64 4 43 1 14 1 IA 11 a 24 14(i i id 7 - 7i 28/ - 29 k 7; - 8 i 11i - 12 p 42 -44 33 - 35 28 -28 t - pm ld par 8 8 Pin d 3iP 5 - 4(1 BANKS. 16 ld 4 31c1 2 lid ii = 40 44 - 46 39 - 41 62 - 64 6i - 7 MISCELLANEOUS , Subin Coal and Iron 7? Australian Agricult. A ustralsn. Pcitic. Mai 8 Xustraln. Royal Mail 4 ];erlin Water Works grit. American Land, 1 rit . & Coln. Smeltg. and Reduction Co Canada 5 Crystal Palace.. 4 Do, 2 Crystal Pal. of France 3 Eastern Steam ;0 Electrit Telograph(A) Xll Do. (B) 1 Electric Teleg. of Ir .4 Gen. Steam Navigat .8 General Screw Stone 7', Irish Beeteoot Sugar .0 Alagdalena. St. Navig. 31 Sat. Pat. Steam .Fue, 3 Netherlands Laud 1 N. S. W. Coal & Inter ii = ii i -: ii 75 80 6 6Axn 17 3 - 18.3 .. -.- ... 1 -: 3 Steam Navigat. Co. 1 all N. B. Australasian 1 1 Do. New 20 10 NTrth. ofEuropeStemn 5 all Peel Rr. Ld. & 50 all l'eninsular & ()riean' 50 3• ► Do. Do. 2 all Portland Iron Co 100 60 Royal Mail Steam 1 all Scot. Austral. Invest 25 25 South Austral. Land ..i - 1- ii;i 'i l :: i*(l f - ‘ 3.1) 11 - 34 - 36 - 1 1 a] 100 t 1611 3ubmar. Telegraph Lll Do, Registered !8.; Van Diemen's Land . . 7_7 _ LONDO turn for t Correspon 4h # 4 5,3 4 33 6i 5i 13 6 x new 1 zd N AND 6OUTII-EASTERN RAILWAY.--Traffic re he week ending March 18, 1804 .... i114,298 3 6 iding week last year 10,921 7 11 inleNitsiimilimmiimia lii R 3,370 10 7 THE LONDON GAZETTE OF LAST NIGBT. WHITEHALL, MARCH 20. The Queen has seen pleased to present the Reverend James Gunn to the church and parish of Creich, in the presbytery of Dornoch and county of Sutherland, vacant by the death of the Reverend Murdo Cameron. FOREIGN-OFFICE, MARCH 21. The Queen has been pleased to approve of Mr. Charles Stoss as Consul at Liverpool for the Free City of Frankfort. The Queen has been pleased to approve of Mr. Emile Nolting as Consul at Manchester for the Republic of Ve nezuela. COMMISSIONS SIGNED BY LORD LIEUTENANTS. County of Lancaster—Henry Holden, Esq., to be Deputy Lieutenant, March 11. Warwick - shire Militia, 2d Regiment—Hall Plumer Cham berlain, Esq., lat , Captain of 3d Foot, to be Captain ; Henry Upton Clements, Gent., to be Lieutenant, March 7. Eastern Regiment of Suffolk Militia (Artillery Corps)— Richard Hillman Daniel, Gent.,. to be Lieutenant, March 11. Ist Regiment of Royal Cheshire Militia—Thomas Henry Lyon, Esq., to bo Captain, March 16. Royal North Gloucester Regiment of Militia—Robert Beckles Hunte, Gent., to be Ensign, vice Hiedman, pro moted, March 17. The Lord Chanceflorins appointed the following gentle men to be Commissioners for administering oaths in the High Court of Chancery : Richard Hart, Austin-friars, City. Hugh William Elcum, Bedford,row, Irolborn. William Hugh Dennett, Worthing, Sussex. Charles James Graham, Plowiien- buildings, Middle Temple. John James Andrew, White Hart-court, Lombard , st. BANKRUPTCIES ANNULLED. John Single, builder, Poplar. James Fielding, cotton spinner, Derby. BANKRUPTS. Joseph Seager, draper, Ramsgate, to surrender, March 31, and May 5, at one o' c l oc k, a t the Court of Bankruptcy. Whitmore, official assignee, Basiughall-street; Reed, Lail ford, and Marsden, Cheapside ; Sale, Worthington, and Shipman, Manch ester. George Haveleck and Matthew Benjamin Robson, ship 'Anders, Monkwearmouth, March 31 and April 27, at twelve, at the Newcastle-upon-Tyne District Court. Baker, official assignee ; Pringle, Shum, Wilson, and Cross man, King's-road, Bedford-row; Kidson and Dixon, Sun derland. Isaac Steane, ribbon manufacturer, Coventry, April 5, and 27, at twelve, at the Birmingham District Court. Whitmore, official assignee, Birmingham ; Dawes and Son, Coventry ; Motterain and Knight, Birmingham. Joseph Waddiagton, shoe makes, Knottingley, York, April 3, at eleven, and May 1, at twelve, at the Leeds District Court. Hop e , official assignee, Linde ; Horner, Pontefract ; Bond and Barwick, Leeds. Frederick Shove, grocer and cheesemonger, Eltham, Kent, April 4 at one, and M a y 2 a t t we l ve, at the Court of Bankruptcy. Stansfeld, official assignee; Long, Black* friars-road. Peter Emery, licensed victualler, Brighton, April 1, at twelve, and May 13, at on e , a t th e C our t of Bankruptcy. Pennell, official assignee, Guildhall-chambers ; Baron and Clarke, Bloomsbury-square. William Crawshaw, draper, York, April 3, at twelve, and May 1, at eleven, at the Leeds District Court. Hope, official assignee, Leeds ; Hampson and Sons, Manchester. Henry Charles Palmer, retail hatter, Borough, March 30, at twelve, and April 27, at eleven, at the Court of Bankruptcy. Johnson, official assignee, Basinghall-street; Pulman, Bucklersbury. Charles Edward Reinhard, cement merchant, Rochester, March 30, at eleven, and May 4, at one, at the Court of Bankruptcy. Johnson, Official assignee, Basinghall street ; Stronghill, Coleman -street. Simon Stevens, builder, Pimlico, April 4, at two, and May 2, at one, at the Court of Bankruptcy. Official as signee ; Pike, Old But lingtou-street. INSOLVENT PETITIONERS. John Moody, of Bristol, out of business—Martin Shel ton, of Kirton, Lincolnshire, out of business—William Gowen, of Chelmsford, Essex, boot make r—William Francis, of Inworth, Essex, out of business —William Dawber, of Glentworth, Lincolnshire, carrier—Henry Hilton Saunders, of Hemel Hempstead, Hertfordshire, out of business—Samuel Brittain, of Garndiffaith, Men' mouthshire, beer retailer—Samuel Jones, of Garndiffaith. Monmouthshire, blacksmith—Charles Piercy Sanders, of Oxford, fishmonger's assistant James Quarterman, of Oxford, publican—Henry Stephens, of Newent, Glouces tershire, basket maker—John Crowther, of Huddersfield', Yorkshire, miller's assistant—John Payne, of Crewkerne, Somersetshire, tailor. PARTNERSHIPS DISSOLVED. James Patterson and Robert Dunn, of Liverpool, corn mission merchants—Thomas McTear and William McTear, of Liverpool, ship brokers Joseph Ainley and Walter Whiteley, of Longwood, Yorkshire, cloth finishers—John. Swire, Thomas Travis Swire, John Gouldthorp, an d Fre derick Hardy, of Manchester, coal merchants (so far as re garde John Swire)—John Swire, Thomas Travis Swire, and John Gouldthorp, of Moston Brook, Lancashire, and Stockport, Cheshire, bleachers (so far as regards John Swire) Joseph Wright and Philip Fauckes Halbard, of Burton-on-Trent, engine makers -- Henry Leigh, John -Leigh, George Leigh, and Charles Ltigh, of Manchester, fent dealers (so far as regards Henry Leigh)—Henry M`Farlane and E. 51. Stanley, of 8 Law' rente-lane, Chetnside, commission merchants—John Har per Robinson anti John Oliver, of Newcastle-upon-Tyne, grease manufacturers—George Havelock and John Dumble, of Sunderland, ship brokers —John Potter and Thomas Clarke, of Rugeley, Staffordshire, grocers—Henry Taylor Roberts anti George Newby Wa:dell, of 7, St. Martin's: court, Leicester-square, attorneys—James Ingram and Win. Ing, of Hammersmith, victuallers—John Leach and William Foster, Liverpool, grease refiners. SCOTCH SEQUESTRATIONS. James 31 1 Dougall, drysalter, Glasgow. Counal Macaulay, clothier, Oreeuuck. COUNTRY MARKETS. LIVERPOOL, MARCR 21. At this day's market there was a better attendance than for some time past, and a fair business resulted. Wheat and flour met with a good demand, at a reduction of 6d per 7.1 b. on the foster, and the full prices of this day weAk for the titter. Oats in very slow request, although offered at a further reduction on the week of Id per 451 b. and Is to Is 6,1 per load. Barley and beans declined 2d to 3d per 6'llbs and Is to 2s per qr., without attracting buy ers. Indian corn neglected, and importers unable to make above 40s per qr. for prime yellow American, and 42s for best white. IPSWICH-11ARcil 21. Unlike London and Liverpool, where such large arrivals of foreign corn depress the market, the supply of home grown wheat at market to-day was of a very trifling cha racter. Sales, therefore, were not so difficult to make, and whilst perhaps on the whole a decline of 2s per cir• may be written, some millers were obliged to leave the market without buying en oug h f or th e i r l oca l consumption. Some quantity of barley was offered for sale. The belt sample. brought 37s to 3Ss per qr., making the decline about is from last week. PER QUARTER. PER QUARTZ& Wheat, red (old) 73s to 76s Barley, grinding ... 344 to 36 5 Ditto (new) Ditto, white (new) 80s to 82s Peas Ditto (old) Barley, malting ... 37 s t o 38s1Flour, per sack AVERAGES FOR THE WEER ENDING MARCH 21, 1854. Wheat Barley Oats — „ 00s Od Beans Peas HULL-: To-day we cannot quote wl than on Tuesday last. The during the past week may b Every kind of spring corn i wheat. Linseed is up, and other hand, being in denum, a retail sale owing to their hii MARCH 21. heat more than is to 2s lower e reduction in foreign wheat be reported as 3s to 4s per qr. is affected by the decline 10 cakes are easier; oil, on the at an advance. Rapecakes igh price. 5 8 Wheat, English, red 72 to 76 Ditto white 74 to 8, , Dantzic and Konigs berg Pomeranian and Ham- - - Peas, grey and black 48 to 6(/ Linseed, Black Sea 63 to 6 5 Ditto Petersburgh 52 to 63 Ditto Riga and Arch angel Ditto Konigsberg and Memel burgh Danish, Holstein, and Friesland 63 to 66 Russian-and Odessa 60 to 65, Oats, English Ditto Danish Ditto Friesland Ditto Russian 2r to 28 Barley, malting Ditto grinding 3l to 36 Beans Ditto foreign Peas, white and ye' 52 to 5( 66 to 721 Per To 1. Lins. c.,Hullll/ 158 Od to 0/ 01 Ditto flue for. 0/ Os Od 0/ 0 0 Ditto inf. for O/ Os Od to 0/ 0 0 Rapeseed OOl Os to 001 00 Rain. cakes 1308 Od to 000 Tares, English oos to 000 Ditto foreign ° Guano 4l 108 8/°8 t to 121 0 2/ 0 00 0 IBoues l26s Od to L',Os Lid Rye Meal COURSE OF EXCHANGE—YESTERDAY. Am5terdam............ 11 13 Gibrsliar .......... •• •• Ditto, three months .. 11 15% .eghorn .......• •• •• •• " 65 ., Rotterdam 11 la% Genoa ........ 25 571 Antwerp .............. 25 20 Milan .....••••• •• •• •• itrussels 25 20 Venice •• •• Hamburgh ............ 13 5 Naples •• •• •• •• • • 4234 Altona ............ •• • • .Palermo ...• •••••• •• • • 12 one Paris ........ •• •• 25 0 Ditto, three months .. 25 30 Marseilles...... ..... 25 30 Bourdeaux ............ Frankfort-on-Maine 118 Berlin .• • • •....... • ... Vienna •. • • ....... ..... 13 24 Trieste ............ •• .. 13 25 Petersburgh.. • • Madrid Barcelona ...... Seville ................ ::Messina .. ••• • • • Lisbon . • • • • • • • " " " '• 531 Oporto .. • • • • 53 Rio Janeiro ...... ,Buenos AYres • • • • New York, 60 days' sight IPhila,lelphla„ PRICES OF BULLION, ?LR oz. Foreign Gold In liars .63 17 9 Portugal Gold Coln 00 0 Mexican Dollars 0 5 034 New Dollars 0 0 0 Silver in bars 0 5 is - 50 50% BIRTHS OF A BON. On the rth nit., is camp, at Caw n p ore, Bengal, the la d ! at Ham bl e d en, Bucks, the wife of the of Lieutenant - Co lonel R enny, 8 1st Regi men t. Rev. S . 11. Ridley, rector o f H ambleden. OF A DAUGH TER. On the 20th inst., at B r i g h ten, the wife of Col. Kerner' On the 20th inst., Tynte, M.P. On the 20th inst., at Walthamstow, the wife of C. R. Vines, Esq. MARRIED. On the 21st inst. at St. George's, Hanover-square, f t. Winn, Esq., Nostell'Priori, Yorkshire, to Harriet Mario Amelia, second daughter of the late Lieut.-Col. Ducar resq. DIED. On the 19th inst., at St. Matthew's Parsonage, Buckley', Flintshir e , Caroline Mary, widow of Lieut.-Col. Ffoulkes, of Erivia, Denbighshire, aged 75. On the 20th inst., at 41, Eaton-place, Mary Hamiltollo infant daughter of J. Duff, Esq., M.P. On the 21st inst., at 4, Queen-street, Brompton, Robert Probatt, Esq., aged 61. LONDON: Printed and Published by MULIDO YOUNG' of No. 112, Strand, Printer, at The Sun Office, No. 1 12 ' Strand, in the Precinct of the Savoy, in the countY Middlesex, Wochzestlay, March 22,1854. 22 1 i 5a Xl 5 EA' ri for the in the BE be re€l,l4 issued by Gazette] " Notic Loan. beg advertise at the Ge Which div " Propr Witted, or their Pro! "Propr Loan of II jected to 1 vernment " All o Loans are dlviduals the Four " These ence to wl expense of Accountar be prepare Notes in t " Prom' live per ce made with the new It transferret the 29th of rate of 4 p in cash. "It is fu Council hat authorised transfer of application to confirm ever, that Months fro " Publisl India in C( Aus' co street. 22d At a ME at the Lon( the Commi It was u Esq., that unanimous] A. Comm Directors of and for the early day. PURE Hi4l rolndestre CR ED ITOE Who died in tors, on or t their debts ( dersie,y, No. thereof, the! said Decree 4 Tuesday, laid Chamb4 claims. Dated thli Baker, Ru Matthew Pe "U NII ASS LIFE ASST WA!', . . .. LIFE ASSt Afars, Lond otbers, at n Voyaging, a] Mice or with THE ] Every desc ASsurance H Premiums One-half of to policy hold Annuities gra endowments. Policies in, No charge 2iloney recd Active Ago t►gricultural t Apply by 1 fiPectabil Depart THE C Lord : told Ireland, Instant, at Persons as mi Into her Maj( RUM.. The Rum ti Tenderii wil total quantity aver — siiaTi Darrel of Rum - 1 1Yerage strem ieeted by the The sample ate requested tract has been No tender v lidtd for the at the said Oi Service at Llv The condittc tion Is called, kristol. No t of treaty, and Agent on hls tract, a the r Ituto sated to Every tends And bear in tl taut also be BRIT. Empower Colonel ROB' The marked for "Agislature in the benefit attention of a but also on acs system of life country. Increasing 'J Ralf Premii Scm enure Provision, c BET Emp. Profits clivlt Premitime c Half-credit 4 '44W half pi At the last lhade in the c (PROPRIET. Half • 'premium First Seven Years. 4 s. d. 30 1 1 9 40 1 9 5 6012 2 60 3 6 1 LEA SAUCE and a".. Roast and by its to' Perfectly dig( The daily u Lizard to heal Sold by the London, and and Sons, Me thanes, Lond N.B.—To lerld PERRIN T" Even the exit of a have found tl admirable sac be, it is not ti Magnificent every count' richest and n ♦iced. E. M in their magi render these West End Es their patron Clothing De skill, and at' Workmen ari Celebrated fa The Hat and factured in I With the ma tion of the S Pared by E. designs, and The Hosiery Most elegant Prove more nes& Impli best and the Goods in the lug to the la to find readi CAUTIO. btiblie twin falsehood of the same ecr obvious rest No Cows London C 85, and 86, 4 London NI and 3, 1 Bradford Sheffield Colonial 1 Merchant Shoe Make IMPORT exchanged Without hex price, trod The Eats en Satnrde A new B of prices, on applicat A hands° 00 applicat ICI Por Hier si 50 50 20 20 50 40 25 25 81 2sl 2/ 2s 100 100 100 100 26 13? 4 20 20 all 16t 100 100 St. 10 St. 25 17 all all 14 22 1 li 2k 744 4 39 8 63 4