The Sun. — London, England, 1857-11-09 00:00:00

HER MAJESTY'S THEATRE. JULL lEN'S CONCERTS. MDLLE. JETTY TREFFZ THIS EVENING. -- The Indian Quadrille and General Havelock's Triumphal March, dedicated to the Heroes of India, is in active re hearsal, and wi I be produced on Thursday next, Nov. 12. Prices of Admission—Promenade, Is ; Upper Boxes, Is. ; Gallery, Is. ; Dress Circle, 2s. 6d.; Private Boxes, 10s. 6d. and upwards. Prospectuses, with full particulars, may be had at the Box office of the Theatre ; of all the principal libraries ; and at Jallien and Co.'s, 214, Regent-street. The Concert will commence at Eight o'clock. TH EATRE ROYAL, ELA.Y-MA.RRET. Lessee—Mr. J. B. Buckstone. IRIS EVENING, to commence at Seven o'clock, with a new Comedy, entitled AN UNEQUAL MATCH. Princi pal characters by Messrs. Buckstone, Compton, Chippendale, W. Farren, Miss Amy Sedgwick, Mrs, Buckingham White, an Mrs. E. Fitzwilliana. After which, LEN THEE FIVE SHILLINGS. To be followed by STAR E OF ANDALUSIA. Orchestra Stalls (which may be retained the whole of the - -- • evening), 6s. each. (No charge for booking.) First Price. s. d. Second price. s. d Dress Boxes 5 0 Dress Boxes 3 0 Upper Boxes .............•. 3 0 Upper Boxes 2 0 Pit ........... . Lower Gallei7 1 0 Lower Gallery 0 6 Upper Gallery R OYAL .PRINCESS'S THEATRE. Proprietor, Mr. Charles Kean. LAST WEEK BUT TWO OF THE TEMPEST. THIS EVENING, will b© performed Sakspere's Play of THE TEMPEST. Preceded by LIVING TOO FAST. ?THEATRE ROYAL, ADEL PHI, Lessee—Mr. Ben. Webster. TIC'S EVENING, will be performed the popular drama of THE GREEN BUSHES, iu which Mr. Wright, Mr. Paul Bedford, and Madame Celeste will perform. After which, an original Apropos Sketch, entitled THE DRAPERY QUESTION • or, Who's for India ? Messrs. Wright, P. Bedford, C. Selby; Miss M. Wilton and Miss Mary ]Keeley. ROYAL LYCEUM THEA.TRE.—Lessee, Mr. Dillon.—Under the joint management of Miss LOUISA PYNE and Mr. W. HARRISON. TAUS EVENING, will be pc-formed Balfe's uew opera, THE ROSE OF CASTILLE. Characters by Miss Louisa Pyne, Miss Susan Pyne, Miss Marian Prescott, Mr. Weiss, Mr. £. St. Albyn, Mr. G. Honey, %lr. Wallworth, and Mr. W. Harrison. Conductor, Mr. Alfred Mellon. To conclude with (4th time) a new Farce, entitled A PAIR. OF PIGEONS. Mr. G. Honey and Miss Cuthbert. Private Boxes, £2 12s. 6d., £2 25., and £1 11s. 6d. ; Stalls, 6s. ; Dress Circle, ss. ; Upper Boxes, 4s. ; Pit, 25.; Gallery, ls.—The Box Office is now open daily, from II to 5, under the direction of Mr. Chatterton, jun. RY AL OLYMPIC THEATRE. Lessees, Messrs. RobBon and Emden. THIS EVENING, will be performed the comedietta, en titled ♦ SUBTERFUGE. Mrs. Stirling, Mr. G. Vining, aid Mr. G. Murray. Followed by the new comedy, called LEADING STRINGS. Messrs. Addison, G. Vining, H. Wigan ; Miss Marston and Mrs. Emden (late Miss Somers). After which, HEADS 011 PAILS. Messrs. Addison, G. Vining, H. Cooper ; Mrs. Stirling, Misses Wyndham and Swaaborough. Commence at half-past Seven. OYAL SURREY THEATRE, LL Lessees, Messrs. Shepherd and Creswick. THIS EVENING, will be performed a new and powerful drama, entitled INDIA IN 1357. Messrs, Shepherd, Cres. wick, W. Smith, Vollaire, B. Potter, Widdicomb, Belmore, Tapping ; Miss M. Eburne, Miss Webster, Miss Chalmers, Miss Johnstone. ♦fter which, a new Petite Comedy, UP IN THE WORLD To conclude with AVARICE. CANTERBURY HALL, Westminater-road.— OPEN EVERY EVENING.—The follow ng company of Vocalists are engaged for the performance of Selections from all the popular OPERAS, MADRIGALS, CHORUSES, GLEES, DUETS, &c., viz.:—Miss Russell, Mrs. Badzey, Madlle. Marietta, Mrs. Palmyre, Miss Bru nel', and Madame Marietta; Herr F. Jonghmans, Mr. Renshaw, R. Grover, T. Farrant, S. Jones, J. Barker, 'W. Melling, Senor Antonio, E. L. Hime, and Mr. St. Albyn; Messrs. S. Collins, W. T. Critchfield, and E. Mack nev. Pianoforte, Mr. Cecil Hicks; harmonium, Master ; Director, Herr F. Jonghmans. Commence at Seven o'clock precisely. Suppers, &c., until twelve o'clock. HIGH WATER AT LONDON BRIDGE. This DAY—Morn., 17 min. aft. 7—Even., 58 min aft. 7 To-MORROW—Morn., 41 min. aft. B—Even., 22 min. aft. 9 THE WEATHER—SUN OFFICE, NOVEMBER S. THERMOMETER, IN THE SHADE. M—highest since noon yesterday. 49—lowest this morning awl during the night. 61 —this day at noon. BAROMETER. 30.37—rising. WIND, N.E. ; light, inclining to frost. NOVIIMBER 9. 53—hi g hest since noon yesterday. 52—lowest this morning and during the night, 54—this day at noon. BAROMETER, 30.39. ; light, with dull weather. p-- (• C [LONDON, MONDAY, NOV. 9, 1857. The crisis is proceeding. The merchant princes are beginning to succumb beneath the overwhelm ing pressure, and the impossibility of obtaining discounts at any price. The latest suspension is that of Messrs. DZNNISTOUN and Co., of Glasgow, Liverpool, London, New York, and New Orleans. Their liabilities are estimated at the enormou s sum of two millions sterling, but it is said that their assets are ample. The Times says, " The private property of the partners in real estate, and other possessions, is known to be of great magnitude, and it seems scarcely possible that, even under the worst circumstances, their em barrassment can be more than temporary." This suspension, following so closely on that of Messrs. NAYLOR, VICKERS, and Co., of Sheffield, also of unimpeachable honour and unquestionable sol vency if adequate pecuniary accommodation could be obtained—has created equal discourage ment and regret. When such houses have been unable to weather the storm, in whom can implicit confidence be reposed? That question is uni versally asked, but unfortunately no satisfactory answer oan be returned. The panic is therefore spreading ; and unless a summary and suitable remedy be forthwith applied, we may anticipate a period of distress and dismay more terrible tven than " the week of terror" which preceded the issue of the Government letter of the 25th October, 1847. The Times is still true to its vocation, striving to sustain the obnoxious by the most specious fallacies. Grave misgivings are, however, ap- Par!rat in all its arguments, although it still ob stinately excludes the real cause of all these evils. It asks what has caused Messrs. Naylor, Viekere, and Co., and Messrs. Dennistoun to stop ? add ing, "not any difficulty in the rata of discount, but the simple fact that each succeeding mail frona America airives without bringing them remittances of bills to enable them to apply for clisoount. Their capitals are ample ; and if they bad had the bills, the question of 9, or even 20, Per cent• would not have troubled them. As suming this to be correct, it proves, beyond the possibility of doubt, the fact that it is the monetary code of 1844, which has occasioned all the mischief. Why, wo ask, in turn, should firms, whose capitals are ample, and *h ose " honourable Standing has never been called in question," who are admitted to have car ried on their extensive business prudently and discreetly, bo reduced to such a humililting and ruinous alternative as the suspension of payment, and possibly the fearful losses incidental to a compulsory winding up ? In ordinary times there could have been no difficulty in obtaining the re quisite funds on the abundant securities which these firms had in their power to offer. The mere delay of remittances would be of far less im portance than a heavy rate of interest. But credit is annihilated. There is a famine of currency, and every man looks to his own interests, and holds with tenacious grasp the notes that may be essential to his own preservation ! We may re peat what Mr. MORRIS, the Governor of the Bank r me , in 1847-8, declared in his evidence before the Lords' Committee." we do not so much want the money, but we want a certainty that , if we should want it, we should get it 1" This is the key to the entire grievance—notes or bul lion to a vast amount are hoarded, in order to provide for possible contingencies, or to enable the possessors to acquire property at little more [ than half its actual value. For these purposes, men will disregard all the platitudes of the Tia Les, or the propriety of providing only for their wants, and not for their fears. Indeed, where scum qui pert becomes the ruling motive, ordinary prudence requires that every commercial man should make timely provision for any probable or even possible demands, while the greed of gain, the auri sacra fames, equally stimulates the speculator to husband his resources, and " keep ready money in his purse," in order to be prepared to take advantage of the extraordinary bargains that may be antici pated. " Self-preservation" and " acquisition" are powerful influences, which cannot be ex cluded, but will always prevail whenever a suit able opportunity arises. We earnestly invite attention to a letter, headed, " Who is to blame this time ?" and signed " Civis Britannicus," which will be found in another part of our impression. Our respected correspondent truly states that we are the only metropolitan journal which has boldly and con sistently argued the probability of the occurrence of the present crisis, and as boldly and consis tently suggested and demanded a remedy." We have interpolated the word " metropolitan," in asmuch as an esteemed provincial contemporary, the Derbyshire Courier, has been a faithful and efficient co-operator through good rep,:ut and through evil report, not only when public atten tion was directed to the all-important topic, but also when the unflinching assertion of our princi ples exposed us to the sneers and ridicule of shallow pated fools, or interested disciples of the Mercator school. It was so in reference to the Free-trade when we stood almost alone, before Mr. COBDEN' had emerged from obscurity, or Mr. BRIGHT bad achieved a political character. We fearlessly urged the great truths of economical science, and insisted on the science of free and unrestricted competition. When the victory was all but achieved, others came round and endeavoured to bear off the spoils to the exclusion of those who bore the brunt of the encounter, and who never for a moment hesitated or relaxed in their exer tions. But unus seminat alter metat is an old occurrence, and we cannot wonder that persons are always to be found ready to seize the prize that others have earned. Our correspondent pertinently inquires, " who is to blame ?" Not the industrial parties, who on this occasion have certainly not been overtrad• ing or dealing in accommodation paper. They have not entered into wild speculation, have not dabbled in time bargains, hold no shares in banks or railways, or other speculative companies. They have stuck to their legitimate business, and what is their reward They may get a compli ment from the Commissioner in bankruptcy, and a high class certificate, but these will be but poor consolations for blighted prospects, and the neces sity of de novo, when their energies are impaired, and they are falling into the sere and yellow leaf, when they ought to be thinking of enjoying the fruits of their indefatigable and honest exertions. We have pointed out, like our correspondent, the inconsistency of "free-trade, and a fettered currency." They are totally incompatible ; if any kind of " protection " could be tolerated, it cer tainly is not protection to usurers and money lenders, to those who take advantage of the wants of the community to realise unholy profits at the expense of the industrial classes, and who would have the majority of the people enduring the most bitter privations, provided they could revel in unwonted luxuries or accumulate heaps of useless gold which they had not the hearts to spend or to ' enjoy. It is not for them that we would con vert the creators and producers of national wealth into unprofitable consumers, or close up factories or mills, or cause them to work half-time. Nor should we join in the impious cry of " over pro duction " so long as the hungry required food or the naked clothing. Separate our internal commerce from our foreign trade. Let gold be treated as a com modity for which a premium must be paid when the demand exceeds the supply. Our merchants can easily calculate the effect of a possible pre mium, which will not affect them by any means so severely as an exorbitant rate of interest. It may for a time check the importation of foreign goods, but it will allow domestic matters to con tinue tranquil. It will also unquestionably pre vent the possibility of parties exporting gold in order to realise large profits for themselves, care less of the effects on the welfare, happiness, and prosperity of their fellow-subjects. What would the share-taking public say to a railway prospectus which off*red a handsome profit on their investment the very first year after the first sod was cut, and the first barrow. load wheeled by my Lord OUT-01-THE-WORLD, anxious to bring his acres within reach of profit. able civilisation ? They would naturally enough pass it by as Railway Quackery, and think it quite enough if railway projectors endeavoured to at tract old maids and footmen from the Three per Cents. by offering to return four or five per cent. per annual, to keep the investor in ready money till the line was completed. The works of a public company covering expenses of formation as they were in progress, repaying handsomely the public who used the works, the shareholders who constructed them, and affording a handsome revenue to the Government too, would be certainly treated as a very pretty dream ; but the shares would hardly be marketable on the Stock Exchange. Yet the public has long had before it the demonstration that such a thing is possible; it has had the demonstration which capitalists prefer beyond all others, that it has been done, and that the scope is ample, for millions on millions to be embarked in such works. Col. ARTHUR COTTON'S facts and reasonings have been three or four years before the world ; they have never been de nied, indeed the gentleman whom Lord Darr- HOUSIE appointed to investigate and report upon the Co'onel's statements reported that, though on some minor points and calculations he might differ from him, yet that the Colonel "argues from sound principles and that his plans for the improvement of communications at small cost in some localities by means of canals and rivers, and in others by an inferior class of railway are emi nently deserving of attention." Probably the public generally have forgotten Colonel ARTuun and his "Public Works in India," if so, it is high time that attention should be called to his The co mmercial book, and hi s care f ul l y sustained reason i ngs. paradox t o w hi c h we h ave j us t allud e d h as b een abundantly - verified in irrigation works in I n di a , and within the last few years too. They have paid for their construction as they pro ceed ed. In the great irrig a ti on wor ks undertak en , a f ter Jong delay, on the Godavery„ in the very year of their commencement, the Government at once re• ceived an increased revenue, the increase exceeding the son expended em the wa,rks ! and the increase .4 LT N L ti.l" DO T A 17., LNI I'lk ,4 , has continued, during their progress, to reimburse the capital and to leave additional revenue to the Government 1 In many other works the imme diate returns have been of the same character, and in all that time have paid a splendid percentage for whatever sum the Government saw fit to in vest. In Rajpootana, at Marwarree, the expen diture of 24,0001. in tanks increased the revenue by 11,0001., or 47 per cent., and as the people are computed to have gained two-thirds more, the total profit on the works was one hundred and forty-one per cent. In Ajmere the expenditure of 38,0001. increased the revenue by 10,0001. in the fourth year of their execution. In the Madras Presidency the profit to the Government has averaged not less than seventy per cent., and a list is now before us of thirteen of the best works, in which the profit varies from seventy eight to two hundred and sixty per cent., giving an average of one hundred and thirty-one per cent. We believe that a case of failure is hardly known. In every instance which we have noticed, the profits have been so large, that but for the un deniable evidence of receipts into the Government Exchequer, and of the enrichment of the natives, we confess we could not have given credit to the statements. The mystery begins, however, to vanish, as soon as we look at the facts of the case. At first blush there are two great mysteries. How such profits can be made anywhere in the world by steady industry and legitimate use of capital ; and how, if they can be made, there has not been a gambling rush at them, like the railway mania, or the emigration to the goldfields. The first question is soon answered by remembering all we have heard of tropical cultivation. It is the re verse of our own. Water, which we drain from our fields at a vast expense, is there the very life of vegetation. The sun is never wanting, and drought is the danger,moisture the blessing. Egypt, as we all know, " casts her bread upon the waters," and depends for her support upon an irrigation for the more part natural. From the earliest records of the East, our own Sacred Oracles, we find water the great object of desire to the Oriental agricul turist ; and it is to this day the real Golconda, or the " diggings "of India. Follow travellers where we will, even through the Zahara itself, the intertropical regions are redundant with vege tation almost fabulously luxuriant, wherever it is blessed with the presence of water. India is not only no exception to the general rule, but probably its most splendid illustration. Give water to the hind, scorched otherwise by a vertical sun, and it literally teems with life. There is hardly anything which it will not grow. The vegetable products which we most want here, flourish as they do hardly anywhere else. Rice, sugar, indigo, and COTTON itself, may be grown in almost any conceivable quanties—of many products two crops may be obtained in one season, and of those which ca❑ be grown, no spot on earth can produce them so cheaply. Wheat itself could be furnished in quantities and at a price which would make both the Yankees and the English landlords pro test that Indian irrigation would be their ruin. The irrigation too can be accomplished at such a marvellously small cost. Water for irrigation by the works constructed already in Madras, has been obtained at one-fiftiethpart of its value ! Such at least has been the result of the Godavery irriga tion, where the works have been on a large scale, but very heavy and expensive, though as we have already observed, remunerative from their com mencement. Labour, measured not by wages, but by work done, is so extraordinarily cheap, and the facilities so great from the nature and number of the streams, and the sites for tanks, that hydraulic works can be executed on very low terms indeed. Another cause of cheapness is that canal and river navigation are at little additional cost obtained in connexion with the irrigation ; but we must defer the question, Ca nals versus Railways, till another occasion. But how then have these sources of wealth been hidden so long from the British public ? The answer is not far to seek, Leadenhall-street can answer it. It has locked or veiled India to all but the civil service, as far as lay in its power. Secrecy has been the protection of its miserable traditional Indian policy ; a policy inherited from the times of the close and rigid monopoly of the commercial com pany, whioh undertook to govern, for gain, the millions of India. Englishmen have been kept as much as possible out of India ; above all, as far as practicable, they have been hindered from ac quiring property in land, or fixed property of any kind. The policy of the Company has been the narrowest and meanest conceivable. Its one ob• ject has been to screw revenue from the miserable peasants. The one great merit of Civil Service gentlemen has been to give the Revenue screw one turn more. Not one thought was ever bestowed on enabling the Ryots to pay the revenue. Hence, in stead of inviting English capital, of devising every kind of security for an investment of it in the improvement of the country, and of thus raising up a population able to bear any reasonable amount of taxation, the one object has been to keep India as a close borough for the Civil Service, and to squeeze out of the bodies and souls of the wretched pea santry enough to pay handsome salaries to offi cials, and large dividends to the company. Even since 1853 this systera has been adhered to as far as practicable. Light must now break in. The mutiny has blown away the official fog. The Leadenhall blind will be torn away. The DORINS and GRANTS, and all the harpies, who have lived on India without living for it, will be con signed to well-merited oblivion, the man who can do something for India must and will be brought forward ; and Eng land will see with surprise that there are water mines of wealth in India, which will throw into the shade the gold mines of California and Austra lia. In a very few years' time Indian revenue and expenditure will be equalled ; not by dangerous retrenchments, nor by torturing the starving Ryots, but by enriching the now wretched tax payers, through irrigation and canals covering the country, and constructed by English commercial Companies. To this end the Company must be annihilated, and a Queen's Government confer the best protection they can on British capitalists, engineers, and merchants. We noticed a very promising beginning in this line the other day, and shall keep it under notice. They bas e secured Colonel CorroN's co-operation—itself a guarantee of success. His Royal Highness the Dnke of Cambridge leaves town to-day on a visit to her Majesty, at Windsor Cas le, and will remain there until Wpdnes, ay. Their Royal Highnesses the D !chess cf Cambridge " d the Princess Mary will, early in the ennui: g month, honour the Duke of Newcastle by their company, at Clumber Park, Notts. . His ExcePency the Ambassador of France and the Countess de Persigny are expected to arrive at the Em bassy to-morrow morcing, after an absence of some du ration in Pad , . His Excellency the Netherlands Minister is expected in town to-day from Yorkshire, where his Excellency has been on a visit for some days. The Countess Chreptowich is daily expected at Ches• ham House, from Paris. The Duke aid Duchess of Grafton arrived in town a few days since, from Wakefield lodge, Stony Strat ford. HAYMARKET 1717BATEE. On Saturday evening, a new three act comedy, from the pen of T. Taylor, Esq., entitled "An Unequal Match," was produced here, and met with the most de cided and deserved success. The scene represents a mountainous landscape, the foreground of which was occupied by the inn and smithy of a Yorkshire village. Hester (Miss Amy Sedgwick), daughter of Grazebrook (Mr. Rogers), the village blacksmith, has two admirers. One is Dr. Boerbaave Botcherly (Mr. Buckstone) the .Esculapius of the spot, who, finding that his passion is not returned, soon subsides into the faithful friend and counseller ; the ether is Harry Arncliffe (Mr. W. Farren), a romantic young gentleman of small means and high family, for whom, though she is not blind to the differ ence of their social conditions, Hester conceives a deep affection. Arncliffu's intentions are strictly honourable, his civility in carry Hester' milk pail amid the derision of certain fashionable friends being followed by a formal offer of marriage, which is joyfully accepted. The lovers are rapturously contemplating a sort of " love•in•a• cottage" existence, to which pigs, cows, and poultry will give an ineffable charm, when news arrives that Arn cliffe'a uncle, a wealthy baronet, is deceased, leaving him a rich inheritance. The fashionable friends new begin to fancy that Arncliffe will back out of his mar riage with the blacksmith's daughter, and Hester herself is not without misgiving, But the faith• ful lover, in spite of the beneficence of fortune, which has made him "Sir Harry," sticks to his pur pose, and in the presence of his sneering acquaintance renews his offer, boldly asking the hand of Hester from her father the blacksmith. After a lapse of 18 months we ate removed to Arncliffe Manor.h else, and now we find that the romantic passion, which seemed so delightful in the first act, is not without its inconvenient results. Sir Harry Arncliffe, who, now the flush of romance is over, begins quietly to contrast the behaviour of his uncultivated spouse with that of the accomplished Mrs. Tophatn Montresor (Mrs. Buekingham White), much to the dis advantage of the former, who, he suggests, should take the latter for her mode!. The arrival of Hester's father on a visit to his child does not greatly improve the position. Everybody knows that the worthy Graze. brook ;is a blacksmith, and the daughter's joyful reception of her humble father in the midst of her genteel acquaintacce gives one pang more to the fastidious Sir Harry, who takes occasion to lecture his wife on the duty of repressing natural emotions and conforming to the exigencies of an artificial society, still holding up Mrs. Montressor as a standard of perfection. Sho recsllects that her husband prior to his marriage was a suitor for the hand of this very lady, but was rejected on account of his poverty, and has reason to ballet e that Mrs. Montressor, who is not over scrupulous in her love of conquest, is taking advanta44e of her sojourn in Arncliffs Manor-house to recover a heart that she has once let slip. Feelings lead to words, and altercation ensues between Hester and Mrs. Montressor, in the course of which the latter -is ordered to quit the premises. To effect the removal, however, the aid of Dr. Botcherly, who is now in the house as Mrs. Montressor's own medical adviser, is found neces• sary. Leis eminent physician, true to the interests of Hester, advises her fashionable rival to visit Ems for the benefit of her health. Mrs. Montresor departs on the strength of this advice, and now Hester fancies that the only cause of unhappiness is removed. Poor deluded soul ! Her husband, who has a pulmonary complaint that, without proper care, may terminate in consumption, hss received a letter from his physic an (not Botcherly) to the effect that the waters of Ems can alone save his life. That Hester may not be alarmed by the discovery that he is threatened with one of the most terrible of maladies he states hie sudden obligation to visit Erns alone without assigning a cause, and then abruptly quits his home. With the misery of Hester, in consequence of the natu ral, though incorrect, suspicion that her husband is gone to join Mrs. Montressor, the second act comes to a con clusion. A twelvemonth's interval is supposed to elapse before the curtain is raised for the third act. The scene of action is now a Gerrran watering-place. Its earns is Seidlitz-Stinkingen, ard it owes its origin to the scientific acumen of our old friend Dr. Botcherly, who, having ascertained that the nastiest waters are invariably eines:der:A the most efficacious, has been fortunate enough to discover a spring surpassing alt others in offensive qualities, end has thereupon written a book, which so pleases the Duke that; he appoints him chief inspector of the ducal baths. In this new Elysium Sir Harry Arncliffe has taken up his temporary abode, hav ing changed since we saw him last from the most fastidi ous of gentlemen int) a long-bearde4, cap-wearing►, pipe smoking lounger of the Rh►ne. With Mr. Montrosor, whom be has met a; Ems, he is on friendly terms ; bat that aspiring lady now seeks to capture German grand dukes rather than English baronets, while, on the other hand, Sir Harry is so completely heart-whole that he maliciously hopes to see Mrs. Montresor eclipsed at the ducal Court by a❑ English lady of fashion, who is ex pected every moment, and who is mentioned in all the papers as "die schwa() Englanderin." When the beauty arrives she proves to be ❑e other than Hester, no If ap parently transformed into a heartless lady of high society, without a single natural feeling,. Frankenstein Was not more horrified at the man-monster of his crea tion than is Sir Harry at the living result of his own counsels. He longs to see the Hester of forgoer days restored to his arms, and of course she is restored. Her heartless conduct was merely assumed to work a retor ; and bar laxx.band, taucext at last ti:tat a good heart is better than good manners, may now be happy for as long a life as his plithisi,llcy constitution will allow him. The Hester Grazebrook of Miss Amy Sedgwick was an exquisite creation. In the first act her performance was distinguished by all the geniality and honest love of the innocent country lass ; ,and as the plot proceeded, and the village maid became Lady ArncWe, the manner in which she receives the visit of her father in the pre sence of the fashionable society with which she is sur rounded, was exquisitely natural. Change of circum stances had not wrought a corresponding alteration in her divosition—she is still the same loving, dutiful girl. Then as the accomplished lady of fashion her acting was perfect. Farren, as Sir Harry, was excellent as usual. and Comptm's B eakinsop, the starchy valet, Rai ore of those daguerreotypes for which he is so remarkable. Buckstene's Botcherby, the village doctor, was a perfect study. The manner in which the play has been put upon tLe stage reflects the highest credit on the manage ment. The scenery, dresses, and appointments are magnificent. At the termination of each act Miss Sedgwick and Mr.Buckstone were summoned before the curtain, and, amidst the most enthusiastic applause, the piece was announced for repetition every evening until further notice. -- - - OPERA BUFFA.-ST. JAMES'S TBEATBE. To-morrow night this fashion Able and elegant theatre will inaugurate a short season of Italian comic opera, introducing a decided novelty in this cuuntry, in the person of the veritable Neapolitan .Pulcinella in his mask. The artists are also new to ns, and the reper toire for the most part unknown to the English musical public. Report speaks highly of the opera to be per formed on the opening night, and of the powers of the singers. The theatre has been entirely renovated for these perfirmances. The following are the names of the principal artists who will appear on the opening night : Signora Fumagalli, soprano ; Sig. Dordoni, tenor ; Sig. C,lumbo, baritone ; Sig. Castelli, bass ; Sig. Galli, buffo ; and Sig. Carrione, buffo (Napolitano, in ?nos chera). Subsequently, other artists will appear, among whom we may mention: Signori Tancioni, Dottini, soprani ; and Signora Tamburini, contralto ; Sig. Gior getti, tenor ; Signors De Giorgi and Ferrario, baritones ; and Sig. Ciampi, buffo. COURT CIRCULAR. WINDSOR, SATURDAY. The Queen and Prince Consort, with Prince Arthur and Princess Alice drove out yesterday. Her Majesty's dinner-party in the evening included her Royal Highness the Princess Royal, Earl and C.,un tess Granville, Major-General the Hon. C. and Mrs. Grey, and Sir James Clark. The Queen ; with Priacese Alice and Princess Helena, attended by Visconatesa Jocelyn, Lard Cremorne, and Major-General Buckley visited the Duchess de Nemours at Claremont, this morning, and returned to Windsor at a quarter past two o'clock. His Royal Highness the Prince Consort, accompanied by the Prince of Wales, went to London, attended by Col. the Hon. C. B. Phipr, and Captain the Hon. D. de Roe, and presided at a meeting of the Council of the Duchy of Cornwall,- held at the Dueby-oface, Bucking ham-gate, St. James's-park. The Prince Consort, with the Prince of Wales, went to Mill wall in the afternoon and inspected the Leviathan (Great Eastern), also the apparatus for launching that ship, and returned to Windsor at a quarter before six o'clock. iil 4 l 4 '4 t 4 • 7 1") r ) ill 4 ,Lj TBE CONTINENTAL COURTS. - The Duke and Duchess d'Albe have just passed through Bayonne on their way to Ma.lrid ; also Don Henry, of Spain, for the same destination. The Duke and Duchess d'Arenberg have left Brussels for Hyeres, where they intend to pass part of the winter. The Archduke Maximilian ' Governor-General of the Lombardo-Venetian kingdom, has issued an order to the d rectors of the faculties of the universities, to send him every six months a list of the pupils who have distin guished themselve s d ur i ng that per i o d by assiduity, sue• cess in their studies, and good conduct. The Duke of Argyll, the Earl of narrowly, and the Marquis of Lansdowne, ara also expected in town early in the present week. The 'Marquis and Marchioness of Salisbury have re• turned to Hatfield House, Herts, front visiting the Marquis and Marchioness of Exeter at Burghley House, near Stamford. Tue noble marquis conies t, town to day for the pork:we of dining at Guildhall this event :g. The Earl of Clarendon joined the family circle at the Grove, near Watford, on Saturday evening, from tiwn, The noble earl goes to Wind or Castle to-day, in order, it is understood, to present the Siamese Ambassadors to her Maki ty and her i 1 :stlions Consort. The Earl and Countess Granville arrived in town on Saturday, from a visit to her Majesty at Windsor CaWe, and intend t , ) st•►y in town six weeks. RECRUITING DIIRISG OCTOBEEL—We are gratified to find that recruiting for the army is proceeding in a satis factory manner. No less than 8,0-10 men h ye been at tested daring the month of October and joined their respective corps. Timid is exclusive of those enlisted for the boo 4ehold brigades of cavalry and infantry.—United i scrrice amite. !., ; ', - is " TFHO IS To _BLAME TIN TIME 'l" TO THE EDITOR OF THE SUIT. SlR,—Yours being the only journal which has boldly and consistently argued the probability of the occurrence of the present crisis, and as boldly and consistently suggested and demanded a remedy, I, although hitherto a Conservative, and still a Protectionist (unless free trade be reciprocated by our neighbours), venture to address a few words to the public thronah your columns. How is it that merchants, manufacturers, and others, who, after the warning they received by the operation of the "Bill of 1844 " in 1847, have endoavourel topursue their various occupations, with increased industry, but with ten-fold caution, now find themselves unable to obtain banking ac3ommodation o❑ the best security, say, property with ample margin, represented by bills drawn and accepted by parties of undoubted means, but not at the moment available in gold or Batik of Englat;d notes ? • that these industrial parties have 'seen over trading, or dealing in accommodation paper ? No. The red-tape crew and the " Overstone" n'cool may say that they ought to have sufficient bala6ices at their bankers to pruvide for their acceptancies without requiring dis counts. But suppose, even if inclined to make every sacrifice to sell, commodities cannot be realised for cash, in quantity, or parted with to others fcr bills which ap pear certain to be paid at maturity—what are prudent and sot rent traders to do ? Further, if they can get no paper discounted, and those to whom they sold three months ago are in the same fix, and although solvent, cannot find gold or Bank notes, how much further is the evil aggravated But who is to blame ? The individuals in question 1 No ; if this country is to continue to trade ; for they never held a share in Bank or Railway, or dabbled in Console or Telegraphic Companies, but have attended to their own legitimate business, yet still the cry of such men is, what are we to do ? we cannot get our paper, well represented as it is, discounted ! In 1846 I, much ridiculed, proposed at much length, in the columns of one of your morning contemporaries, that "free trade unreciprocated," with a fettered cur rency, could result only in a terrible smash and discom fiture of the ,Cobden, Overetone, and Wilson theorists. And what is the result ? If the Bank Act of 1844 is not modified or repealed within a fortnight, will not all the trade profits of this country, accumulated during the last ten years, have been dissipated ? And why ? Because honest, blunt, and cautious traders cannot get discount. And if no remedy is applied, and quickly, the good, indifferent, and bad must fall together, like a rope of old onions—the good and bad together, from the fault of the string connecting the whole. Whu has got the money accumulations of the past 10 years ? The moneyocracy, and the countries who sold us dear grain during the Russian war. Tnose countries who have supplied us with cotton, silk, sugar, hides, tallow, coffee, cocoa, &c., at double the cost of produc tion. We have not gone ahead in railways, &c., in this country, and the high rate of interest has interfered with tho negotiation of foreign loans. But I aver that we have plenty of money capital available nevertheless. It is the FEAR of the "Bank screw" ALONE, which prevents good paper from being discounted freely. It is true that our transatlantic cousins have robbed us of a vast amount of money, obtained under false pre tences, but such lossen fell in certain quarters, and the effect would have been local, not general ; severe, but nut overwhelming. But just at the time when the drain of bullion was ceasing for China, the EAST INDIA COM. PANIC STEP IN, and, in order to carry oa a war of their own creation, borrow the money in London, so much needed at the moment, convert it into silver, to pay for which the Bank of England is drained of gold, and thus the reserve of notes grows "beautifully less," and hence the cry is, no discounts ! Bur WHO IS TO BLAME ? Not the cautious and solvent trader; he does not care if India is governed by Nana Sahib, so long as he is not ruined ! he would have been content never to have heard of the " monster," nor would he, if the East India Company had, checked by the Board of Cjntrol, been competunt to govern India, (upon Exeter Hall principles), or, when the mutiny broke out, had acted with the sagacity of even a " British Bank director," and had prevented the Bank of Bengal from advancing silver to the natives upon Government securities, for the purpose of hiding it, and so have avoided that scarcity of money in Bengal, which is proving to make it even scarcer here. This, I aver, is the result of the Indian Mutiny ; and in answer to the .question, " Who is to blame !" I aver that our Government alone is to blame, by allowing Lord Dalhousie to inflame the passions of our Indian subjects, and Lord Canning to make bad worse, by re fe'ing to put down the mutiny with a strong hand when able to do so, and by thus and otherwise so deranging his finances, that his masters here have been obliged to rob us of our currency, and thus throw the whole finances of Great Britain out of gear. If, during the coming winter, the operatives and mining labourers are unemployed, and regarding, as they will do, that under " free trade" and the boasted mag. nitude of our exports and imports, somebody must be to blame, they fix that blame on Government and the East India Company, the militia may see come home service. Therefore I say, let discounts be made available for every solvent trader who can show good security, and let it be looked to quickly Each day proves the danger of delay. I am, sir, your obedient servant, CIVIS BRITANNICUS. London, Bth Nov., 1857. REPRESENTATION OP FINSBURY.—We regret to hear that the state of Mr. Thomas Duncombe's health is so very unfavourable as to render it probable that there will be a speedy vacancy in the representation of Finsbury.— Morning Advertiser. LIVERPOOL, Nov. 7.—The Royal mail steamship Nia gara, Wyckman commander, sailed hence this afternoon for Halifax and Boston, having on board 119,958/. 103. in specie and 104 passengers, among whom was the Hon. Mr. Sumner, of the United States' Senate. THE OVERDUE AUSTRALIAN MAIL.—The overland Australian September mail, per Emu, now five days overdue, is anxiously looked for • and great disappoint ment is felt by merchants and ot hers that she has not been announced in due course, more especially as utiles she comes forward promptly, there will be no opportunity of replying by the outward mail, which leaves South ampton on the 12th, and via Marseilles, on the 16th inst. If the steamer was despatched at the proper date we shall have advices from Sydney to the 11th, Melbourne the 15th, and from Adelaide to the 10th of September. There will not be a regular mail from the latter place, as South Australia has refused to join in the postal sub sidy under the present arrangements for the transmission of letters from England; but the receipts of letters and tapers are, nevertheless, calculated upon to the date mentioned. —Mining .Tournal of Nov. 7. T HE PENINSULAR AND ORIENTAL CO.'S STEAM FLEET. SOUTHAMPTON, N ov. 7.—Th e n e w screw steamship Nemesis arrived here this afternoon from the Clyde, in charge of Captain Black, and forms a valuable addition to the extensive fleet of steam ves se l s belonging to t h e above-named company. She left Greenock at one o'cleck on Thursday, and has made a capital run round, arriving at -the Needles at 2 p.m. to-day, and at 4 p. , ; was at the dock jetty. Tee Nemesis has been built and ngiued by Messrs. Todd and M'Gregor, of Glasg o w , and is of 2,600 tons (builders' measur e m en t, 2,516), and 600-horse power. She has two engines, on the trunk principle. Toe diameter of the cylinder is 851 inches ; length of stroke, 54 inches ; diameter of air pump, 48 inches ; stroke, 24 inches ; diameter of large cogwheel, 15 feet 11 inches ; diameter of pinion, 8 feet 1 inch , diameter of propellers, 17 feet : pitch, 23 feet 6 inches diameter of crank shaft, 171 feet, and of screw shaf: , 131 feet. The engines are start e d by a new i nvention , a small engine being affixed for the purpose of setting them in motion. The Nemesis is ship-rigged, and the following are her principal dimensions :—Lerieth over all 301 ft.; width of beam, 41 ft.; depth of hold; 191 ft. She ie a noble-lueking vessel, and is one of the strangest boats ever built on the Clyde, having a strengthening plate all round her two inches in thickness, placed j est above the wales. Accommodati on i s prov i ded on bo ard for 150 passengers, 125 of them first-cla-r. One of Ler boats is fitted with Clifford's patent lowering appara tus, and one witle Captain. Guthriser ; and the vessel is supplied with apparatus for converting salt water into fresh. According to present arrangements the Ne mesis will go out on a trial trip some day next week, and will be dispatched for Alexandria with the next outward India and China mails ou the 20th inst., on returning from which voyage she is to proceed to India, to take up her station on one of the i .t)rcolonial routes. Tiara,. other steamships for the company are rapidly approach ing completion—viz., the Benares, a silver ship to the Nemesis, the Salsette, of 1,500 tons, building at Glise gew, and the Northam, of 1 500 tons, now being built by Messrs, S immers and Di y of this p Loss or TEE ENGLISH Sail' FR NO le AND nen X LIVES.—Toe following is a Cepy of a despatch which IthB been received at the Marine Depot of the Board cf Trade, announcing the 10-s of this shii!:— "British Consula te, Ningpo, July 28, 18 5 7. — Sir , in . conformity with the instructions of consuls, based on the provisions of the Merchant phipping Act, I have the honour to r; port to you that on the 18th instant, the British ship France, Captain So itt, master, was lost io a typhoon, near a island about half-way between this port and Shangae Twenty-five of the crew wer e saved, andarrived . a - t) consulate on the 24th inet. They state that, d u i at, unit g the storm, the veesel ran ror.an smote rage under the island referred to, but, after anchoring, she soon commenced to drive, and was eventually deehyl to pieces on the ron n s . The master, Captain Seott, the chief mate (Mr. Rowland), eighteen seamen, and oue Chinese girl, lost their lives ; the others of the crew (twenty-five) get saftly ashore and remained there tbree days, durino which time no part of the ship cr cargo was seen on shore. From the statements of the crew it was evident that the ship had been entirely destroyed, and it there fore did not appear necessary to despatch any one from this consulate to t, ke charge of the wreck.—.l have &c. (Sig Led), T. T. MEADOWS, Vice-Consul Charge." LATE S . F NE WS: BRUSSELS, Nov. S. The Moiliteur Beige announces that there will not be a royal sitting for the opening of the Chambers. The latter will meet iu their respective halls, and proceed to the verification of their powers. It appears less certain that it will be a Liberal Cabinet that will proceed to a dissolution. By intelligence from Malta, of the 4th, it ap pears that the Porte, in the exercise of its Sove reign rights in the Regency of Tripoli, has sent Nusret Bey to take the command of the Tripoli tan troops against the Arab Chief Gouma. Nusret had arrived at Tripoli. The fleet of Admiral Lord Lyons is at Candia. The Bank of Prussia has raised its rate of dis count from 6 to 7 per cent. FRANCE. PARIS, SUNDAY EVRNING. The ministerial crisis in Belgium still continues. All that is known in addition to the information received yesterday is that M. Rogier, after his audience with tie King, proceeded to the residence of M. Frere-Orban, and had with him a long con fera.nce. M. de Kisseleff, the Russian Ambassador, will return to Compiegne on the 16th ; he has long been in possession of his invitation, so that all the sur mises built on his absence from the festivities are without foundation. The Moniteur is filled with extracts from the English papers, the Annales du Commerce Ex terieur, several columns of a romance translated from the Spanish, and more than one quarter of the whole journal is devoted to a continuation of Historical Studies of the 17th Century. Thee curi ous specimens of journalism of course offer no temptation for extract. BOURSE, Nov. 7.—Tlio following wore tho last quotations : • Cash. fr. 4i per Conte End of Month. —fr. - - r,:. 3Ver Cents 6'i 80 67 5 Bank Shares 0 970 Credit Foncier 512i — Credit Mobilier 770 Roman - Do. Account 773 75 Austrian Belgian 41 (xc1)...... -- Spanish Threes — Fiedmoutese (5) 9O Home Debt RAILWAYS -FOR CASH. tr. c. ir c. Orleans Northern - - Western New Ditto 2 Lyons and Med BOO Grand Central Now Ditto... ....... 800 Sardinian Genova 592 Austrian Com. AUSTRIA. A letter from Vienna of the 3d, in the _Hamburg BoYsenhalle, says—" Count d'Appony, Austrian ambassador at London, has arrived here, and had a conference with Count l3uol and Sir H. Seymour on the subject of the Principalities. Sir H. Sey mour declared that England would never consent to the political union of them under a foreign prince, and that the utmost she could admit would be an administrative union. As the Porte has in timated that it will consent to this also, it will pro bably be a plan of that kind which will be submitted to the conference of Paris." • DENMARK I. letter from Copenhagen, of the Ist, in the Constitutiortme/, says : " The King, who, on his return from Jutland and Schleswig, went direct to the Chateau of Fredrichborg, yesterday came and presided at a Cabinet Council at the Palace of Christiansborg. Prince Ferdinand and Prince Christian and all the ministers were expressly requested to atten3. The convocation of this meeting is generally attributed to recent communications which have been received from the Danish envoy at the Germanic Diet, relative to the unexpected step which Prussia, in concert with Austria, has just adopted at Frank fort, in favour of the two Germanic Duchies. After this council precise instructions were sent off to M. de Bulow, the Danish plenipotentiary at Frankfort, to guide him in the conduct which he will have to observe in the new situation creatrd by the two great German Powers. It is' thought that M. de Bulow, being alone, and powerless to support the rights of his sovereign in the Germanic Diet, will shortly receive authorisation to quit that assembly, and return to Copenhagen, rather than give, by his presence in the Di&t, any motive of legal sanction to the nomminittory resolutions which may be adopted against Denmark." RUSSIA. A letter from Odessa of the 28th ult. says : "The Russian Steam Navigation Company, which was established in this port three months ago, under the management of M. Novosselskii, has already attained considerable success ; on the line from. Nicolaiev and Khersou to this port, in parti cular, the number of passengers has increased so rapidly day by day that it has been found ne cessary to employ a new steamer. The company intends for the present to confine itself to deve loping the internal resources of the country and those of the Coast, and not to establish relations with foreign ports, until it shall have organised a complete staff of employes, who understand mari time affairs and commerce, and who are not mere functionaries—rather a difficult thing to form in Russia. M. Novosselskii has just returned from an inspection of_ the ports along the coast of the Caucasus, and he has selected the port of Poti, which is eight miles from Redout Kale, as the most preferable for establishing communication with the Caucasus. Ho has also explored the Rion to a distance of 90 versts (56 miles), and having found it navigable, has resolved to establish a steamer on it ; this will enable regular communica tion to be carried on between Odessa and Tiflis. As the navigation of the rivers of the Caucasus does not enter into the plans of the company, M. Novos selskii has resolved to undertake the navigation of the Rion, and all the incidental expenses which it will occasion, at his own risk. This navigation will have the effect of opening a new route to Persia." SPAIN. Some of the Madrid papers of the 3d express surprise that the Cabinet should not have made some authoritative announcement of the line of policy it intends to follow. The delivery of the Queen was considered so nee( at hand that the officets charged to superintend the firing of the salutes had received orders to remain constantly at their posts. Before M. Mon left Rome the Pope• conferred on him the order of Pius IX. ANOTHER BXTENSIVE FAILURE. Late this afternoon a suspension was announced which will occasion deep regret. The firm is that of Messrs. Dennistoun and Co., one of the largest connected with the American trade in Great Britain. Their liabilities, it is feared, cannot be much shoit of 2,01)0,0001. These are spread, however, very extensively, and it may therefore be hoped will not fall on any particular district with such force as to cause further heavy &sisters. Me6sre. Dennistoun have houses in New York and Ne w Orleans, and the almost total cessation of remittances from those points has rendered their stoppage unavoidable. The head establishment is in Glasgow, where it has existed upwards of 70 years, and there are branches in Liverpool and London. At Melbourne, in Australia, they have as correspondents Messrs. Dennistoun Brothels and Co., but happily that firm wall not be compromised. The private pro perty of the partners in real estate and other pos sessions is known to be of great magnitude, and it seems scarcely possible that even under the worst circumstances their embarrassment can be more than temporary. Although anxiety has been felt with regard to them for several weeks past, their honourable standing has never for a moment been called in question, and there will be on All sides a disposition t 3 promote every arrangement that may be calcula'ed to hasten the po ss ibilit y of a complete resumption. Subjoined is th e circular issued -• We have the painful duty of informing N yo v u . that our establishments in this country are obliged, by the aln:wst entire suspen s i on of the usual remittances from the United States, to ask you and their other creditors to allow thtm time for the paywent of their debts. This neces3i , y has arisen io recently out of the monetary crisis in America that it is not in our power to say immediately what indulgence we may require, but while awaiting further advics from abroad we will place our :noks in the hands of welt-known accountants in London :l ti G tr l: i s r g s, ow with a view to prepare tut! statements of or d and we propose a meeting of our creditors in London on the earliest possible day , when we hope to lay before vou such a;'proposal as will meet with your approbation. "Our hours of Deanistoun, Wood, and Co. of New Ynrk, and A. and J. Dennistoun and Co. of New Orleans, a , e identica' with the houses in G:eat Britain, but the house of De inistoun Brothers and Co. of Mel bourne iu a distinct-establishment. " We are, &z. " J. and A. DENNISTOUN, of Glaqgow. " ALEXANDER DzziNrsTourr and Co., of Liverpool. " DatrasTOWT, CROSS, and Co., of London." AMERICA. (By ELECTRIC TELEGRAPH). LIVERPOOL, MONDAY MORNING. The Asia has arrived with advices from New York to the 28th October, and 98 : 274 dollars., and 258/. in gold. The New York Courier and Enqurier of the 28th says : "The demand for bills on Europe yesterday and to day is quite light. The rates are favourable enough to remitters, but the extrem e scarcity of money disables most persons from pur c ha s i ng . T he indebtedness of our merchants to England, France, an d G ermany, is necessarily deferred in large amounts, and at the same time heavy remittances of geld from abroad are anticipated at this port. Bankers' Ufa at 60 days on London to-day are abundant at 105 to 106. Good commercial bills from southern cities, well-known signatures are freely offered at 100, equivalent to 04 dis count. Some relief is looked for in this market from the promised shipments of coin from Eugland. It would be better for ue to rely upon our own domestic resources and not add to the disturbance which is feared in Western Europe. The question of the suspension of the Bank of England and Bank of France is canvassed freely in finan cial circles here, and such an event is by some looked upon as of slight moment. We cannot, however, but consider such an event as epublic calamity, one that would work irreparable injury to the commercial world, and do no possible good to any parties whatever. It is for this reason that we hope the banks in England and France will be fully sustained, and that the export of coin to the United States will he less than is generally mentioned. New York will be looked to hereafter as heretofore, as the pivot upon which the resumption will rest. A wise, conciliatory, concerted movement on the part of the banks of this city will, if adopted, relieve our merchants and strengthen the farmer. There were rumours to-day of several additional failures, but they were not authen ticated. Extension is the order of the day, and one wisely agreed upon by creditors generally. There are very few houses that have not found it necessary to ask and to take time on their liabilities. The west and south in turn exact the same indulgence from New York. The former will be able to discharge their liabilities by means of the large crop of the year ; the south will realise less from the new crop of cotton than was anticipated. It is conceded that a heavy decline must occur in the mar ket values throughout Europe, and that manufacturers will require a snore limited supply than heretofore. Gold was recently in pressing demand, but has now be come a mere drug, heavy in the market. The brokers are paying one-half per cent premium for limited sums, but this premium is nominal. Large amounts are offered at the same rate and rejected. In Philadelphia, ex change on New York is quoted 31 to 41 premium, and draughts on Baltimore 3to 4 discount, There is no reason fur this discrepancy, there is no variation in the broker's rates for time bills ; unex ceptionable paper at two to fur months is freely offered at 2 to 3 per cent, per month, paper that would under ordinary circumstances be acceptable to the banks, and which they could now take with advantage to them selves. At last the money comes out of the banks, for every bill discounted at the broker's lessens the bank deposits. The stock-market to-day showed a decidedly buoyant' feeling, and most of the sales were made at a large advance on the quotations of the past week and of yesterday." The latest quotations were as follows :—Near York State Sixes, 101 ; Virginia Sixes, 75 ; Mis souri Sixes, 67 ; New York Central Shares, 63 ; New York and Erie shares, 10 ; Reading Railroad shares, 272 , ; Michigan Central shares, 40; Michigan Southern shares, 81 ; Cleveland and Toledo shares, 27a ; Panama Railroad shares, 68 ; Illinois Central shares, 83 ; Illinois Central Bonds, 751- ; Chicago and R. I. shares, 64 ; Milwaukie and Mississippi, 19 ; Galena and Chicago, 63 ; La Crosse, 61 ; Michigan So. New Stock, 20. The New York commercial list quotes the rate for first-class notes at 2,3, and 5 per cent, per month. In exchange there was a better feeling, and at the close of busi nsss sellers aised their rates. Importers were buyers to a moderate extent. The transactions in continental bills had been very limited. Exchange on London, 102 to 106. The Bank statement was more favourable than was generally expected. The Shipping and Commercial List says : " Too contraction of loans in the face of a gain of nearly a million and a quarter of specie meets with but little favour ; the city circulation has gone down rapidly, which is owing mainly to the voluntary practise adopted of substituting country money in payments across the counter. The policy of withd raw i ng th e c it y no t es is not a general one, some of the banks holding it to be to their interest now and on resumption to sustain a good circulation of their own. The addition to . th . e dep o sit line is unexpectedly large, being nearly 54 , V . 110? s w u , annex a comparison of the leadi ng item r s. even i u u s . 10 • is being Treasury balance. The United St ates f rapidly r e . d yr discussed. educed, and Th thee President,probabilities is gi a .ve l n o . an ou a t, re w a i l li oppose all money bills . except those for indispensable appropriations. Directions have been given to revise and reduce all estimates, and the construction of Cue. tom-houses and many other public works will be sus. pended at an early date." A private circular quotes exchange on London at 102 to 107. A letter from Washington says, " The banks of the district of Columbia in meeting to• day resolved to receive the notes of the following banks as curre:acy:—Bank of the Metropolis, Bank of Washington, and Patriotic Bank of Washington, Bank of Commerce, and Farmers' and Mechanics' Bank of George-town, and all the banks of Balti more. The failure of Ross, Mitchell, and Co., of To ronto is announced.—liabilities, $1,2500. The Athenian, from Quebec for South Shields, was abandoned on the 30th September; crew taken to New York by the ship Patrick Henry. A Canadian steamer had been wrecked on one of the lakes, and 21 persons perished. Ashes were improving—pot, 6 dole. 87 c . to 7 dols. ; pearls, 6 d o l e . to 6 d o l e . 12i c . There was no demand for cotton, either for export or home use, and with an insignificant stock quota tions were nominal. The demand for flour had been good for the home trade, and with some salei for export prices wero steady. The receipts were large, though light as compared with last year. Wheat had been in demand for home use and export, and prices had slightly risen. Indian corn had declined. Iron quiet. Molasses slightly improved. Crude turpentine steady. Spirits of turpentine dull. Linseed oil dull. Provisions dull. Sugar was steady and firm, at a slight improvement in price. Tobacco dull. Freight higher. At a meeting of cotton factors, held at New Orleans, it was endeavoured to carry a re solution binding factors not to sell cotton under 15 cents., but there was no unanimity, and the meet ing broke up without coming to a decision. Cotton was selling at 10 cents for middling. The total re ceipts at southern ports were less by 187,000 bales. Nothing doing in exehange. Money unchanged. A severe storm was raging at Boston. The entire valley of the Mohawk was inundated, 'and much damage had been occasionied to agricultural pro duce. THE MEDITERRANEAN. (BY SUBMARINE AND BRITISH TELEGRAPH.) MALTA, Nov. 6. _ _ _ Advises from Alexandria, to the morning of the 2d, report no tidings of the arrival at Suez of the expected Indian and Australian mails. The Dutchman, with a detachment of Royal Engineers, from England, reached Alexandria on the 31st of OctobEr, and the troops left on the day' following for Suez, where arrangements have been made for housing them on board the Peninsular and Oriental Company's coal hulk, Zenobia, until the arrival of the Hindostan and Pottinger. Those per Austral3sian, which reached Alexandria on the 25th of October, continued on board, awaiting news of the arrival at Suez of the Efneu. Should that vessel not shorty turn ur, the Peninsular and Ori. ental Company's agent hoped to get them off by the Hindostan and Pottinger. ' Admiral Lord Lyons' squadron is hourly looked for at Malta, having been fallen in with'off Na varino on the Ist. The Coquette is under orders for Cagliari, to convey a summary of the first Indian intelligence that may arrive. . The Elba has not arrived here yet with the Cag liari cable. The Duke of Devonghire has left, Clatsworthfor Hard w:cke PRINCE ALFRED'S VISIT TO TM ILLUSTRIOUS.—Hi/ Ro Y ghaese Prince Alfred visited the Illustrious • • training ship on 1110nd43.T110 young Prince, who, it is supposed, will join the ship in March next as a cadet, exarnioed the drawings, workbooks, &c., of the naval students, and appeared much interested in what will, it i, presumed, be his future studies. The Rev. W. R. Joiley, who is the chaplain—not "chaplain and naval instructor"—of the Illustrious, has cbarge of His Royal Highness as his naval instructor.— United Service Gazette. REPORTED DEATH OF LORD POWERBCODST._DIIB• LIN, Sunday. —lntelligence has reached the office of the Freeman's Journal announcing that a report which bad been circu'ated of the sudden death of the youthful lord is without the slightest foundation. He was auffeiing horn a slight attack of influenza, but he is now con. valeseent. APPOINTMENTS.—Dr. James Ogston bas been ap pc iet3d the First Profe sor of Medical Logic and hied Ca l juriAprudence in the Mariachel College and Univer city of Aberdeen. Mr. Robert Brown Shaw has been appointed Assistant Clerk of the Balls ' and Mr. John Walker and Mr. W rn . R o b ert Haydn Ordinary Clerks of the Bill Chamber in Scot!and. WlLLs.—The W.II of the Rev. Edmur d Melvill, M.A. Chancel or of S. tioL D avid ' s, and of St. James ' s-place , Westminster, has been proved in the London Preroga• tive Cour', uider 20,0001. ; John R. Bousfield, Esq., of .undaditch, 80,0001. ; John Edwards, Esq., of Bramp. ton Brian, 60,0001. ; Captain William Cooce, R.lVe 6'. 45,0001. W. R. Berryman, Eeq., of Stoke Dement'. 25,000/. ; Thomas Lloyd, Esq., of Coedmere, 20,000/. ; Richard Andrews, Esq., of Peckham, 18,0001. ; Mrs. Jane Whittaker, of Scole Lodge, Norfolk, 50,0001.