The Sun. — London, England, 1857-07-21 00:00:00

ONEY MARK ET AND COMMERCIAL INTELLIGEN(JE. CITY, Two o'Ci,ocK. The Liverpool Cotton Market yesterday closed pith an upward tendency, at an advance of about Per lb. on most descriptions. The sales amounted to 10 ,000 bales, of which 1,000 were taken on 'Peculation, and 1,000 for export. The Railway Sh are Market closed steadily, at a slight improve teent in prices. There was a meeting yesterday of the sbarehold enra in the London an d E as t e i n B an ki ng C om p an y. ing th e ' 4l:l ‘aiti Bouette in the chair. The report, she w progress made with the liqu dation, stated that the liabilities have been'teduced. to 282,7061., and the asset s t o 267,996/. Tue dotici,mc y is, the' f 1 2,7001., which the unfortunate pioprieturs Will lose in addition to their capital. At the meeting of the Commercial Bank of Lon (1°111 held this day, the directors proposed to declare L div ideed of 4 per cent. for the past half-year, s ent, with the dividend already paid, 7. per re port for th e year , f ree from income-tax. The was adopted. The demand for money in Lombard-street is still finds qu i et ; an d, i n so me cases, the best 'Ai of commercial paper are negociated at 1 per ee ' l lt• belo w th e B an k m i n i mum. Thi s i u d uces a hope that the authorities will soon be enabled to 'aawer their terms. At the Stuck Exchange loans now procurable at 5 and 5i per Cent. to further improvement of per Cent. occurred the French Funds yesterday, and it is expected k i k !, the Bank will soon reduce the rate of discbunt Per C en t. There i s not much animation in the English e te k Mark e t, an d t h e quotations are steady. glnass in all departments of the Stock Exchange active, as there is a disposition to await the ofivl krt • a later accounts from India before entering to a fre .ah engagements. The public are purchasing 'light extent, but their transactions have very little influence upon the market. Consols for 01 '1 have been 91i to 92, and for account 92 to 92i. The New 3 per C ents. are 92 to 92 1 , an d th e b 2 1eiliced 91 to 92. Bank Stock has been 214 to 44 6 . Exch equer Bill s were 5 5 ., di scoun t b e i ng ea, 41 7. India Bonds are 18s. and 12s. discount. Poreign Stocks are dull and the quotations remain Z i thout m uc h var i at i on . T ur ki s h 6 per ce n t s . 1 ,1: 76 been 95i 4, an d the present quotation is 95. in - " 4 per cents. are 1021. Spanish 3 per cents. 'Ve • Grenada Deferred 6, and Brazilian 41 per 96g. The following are the nominal prices of Foreign s :kicks :—Grenada Deferred Bonds, 6 61; GI ; Peruvian, 80 82 ; ditt o 3 per Cents., 54 Portuguese 3 per Cents., 441 5i ; Russian 5 aPer Cents., 109 11; ditto 41 per Cents., 96 8 ; Qslleaisti 3 per Cents., 40 ; di tto D e f erre d , 25k I; Onto Certificates, 51 ; ditto Passive, 51 6. he Railway Share M ar k e t h as b een mo d era t e l y : t ive and an advance of at2out to 1 per cent. may Voted on most of the principal lines dealt in. 11cashire and Yorkshire improved 55., North ester n , Midland, and Norfolk, 10s. ; and North 'tern, Berwi c k, an d S out h E as t ern , 15 s . ; ualedonian receded about 10s., and Great Western 4bout s s• The French lines are again at advanced rates. Northern of France improved 10s. Paris LYons, 1/., and Grand Trunk of Canada also innced East Indian were flat and declined °B . to 11. Miningln • po rt Shares there is little variation to re • Great Wheal Alfred realise 8, Sortredge 19. 1180 18 2g 2i, and Cobre Copper have declined to Jo int Stock Bank Shares are quiet. Bank of Z o ll atralasia impr ove d 10 s . t o 1/ ., Commercial of 1140 e, London and Westminster, an d O r i enta l atlk realised previous rates. f a . The Miscellaneous undertakings have bee n i n 22 ; 1 : demand. Australian Agricultural were 22 to 991 ;, Ge neral Steam 23i ; and Electric Telegraph 2 to lIIRITIiiR FUNDS THIS DAY AT ONE O'CLOCK. (From the Official Lu e . ) Business done. ...... . ............ . ............... 92i 14 2 114 3 k St ° 6l i 214 15i 16 , j ..er , eat. Reduced Annuities t Per Cent. l'onsola Annuities c,z oa :: lit : p o eouir (C:t. Annuities 92 1 1...7142i.,perC, ent.!nn Ties . .... 9 1 771 i 2 t 1006 ......... .......- IA 18 d ! 4°ll l Per Account - .... • • 4' Achequer Bill 2,d '-4:;1000 8 ' 't • Otto401504(111 .......................... .. .......................... ........... P42 99 a 88 t i 4 ; d Bo.c1—;,.1858 Ri per Cent. itto, 185 9 ' • Zhit brA i z C Z PP F OREIGN FUNDS AT ONE _ O'CLOCK. b t h '," Der Cent. Ore, ' "'' 1852 , 4i per Cent. ),a New Active 2i per Cent. t 3 uitto Deferred ' T Pk tl., 44 Roads 3 per Cent. 4.iet. zo ' _ bit. Ac ilas sn 6 per cent 951 o!7b t 11 40 Account ..P Guaranteed. 4 per C en t. ". 102 i Dividends on the above payabl e ~ t , io, rD• )c K. TW 0 o'cii. Constilsb mone 91 2 y Colusole for Account LL 20i1 100 100 100 20 20 20 20 174' St. 20 100 100 20 • nha ance • 14, ) in- ,oyD's SHIPPING. --(This Day.) Di ,l ,? . tbore, July 21.—Wind this day at noon, W. to 1,9 W • moderate breeze, and fi ne . t OI 3cAsTER, July 20 . — Arrived—Malakhoff, from Nee Edward's Island. f ro °, 4IDIFF, July 20.—Wind N.N.W.—Arrived—Elia, Bilboa. Sailed—Admi ra l V on Heemskink, fel- Ho z ng pi l tl a g; St. Michaml, Table Bay ; C on d or , Ctnirleßton ; San jr l3 , Alexandria ; Schieltz, ditto ; St. Prene, Beyrout. QUERNSTOWN, July 20.—Arrived—City o f Balti p'e ( B TH from New, July 20. Yor —Wiudk for L \V.—Arrived—lda, f rom iverpool. I ti -- ;, 4 ~LMOU ; lon, London for Quebec. " RINGSBRIDGE, July 20.--Arrived—Warren Hast ti fr om Calcutta. , T,Ramprobr, July 20.—Wind N.W.—Arrived— (s.) ,o ( s- 8 .), from B rem en f or N ew Yo r k. Sailed —lndus r A.lexandria. k ott smourrn, July 20.—Wind W.S. W.—Arrived— trY, from Shields for Valencia. frotilLYmotint, July 20. Wind W.— Arrived—Ratcliff, for v,,Q 4 ehoo ; O r i enta l , d i tto; Meg Merrileos, N ewcast l e '', fo ustantin dea.ople put in to stop a Jerk. Sailed— Spit r i (PER ELECTRIC TELEGRAPH.) 'Wi n d N SOUTHAMPTON, Tuesday, 10 a.m. 1/414 —Rainbow, for Quebec ; Caledonia, Sunderland. Wi n LIVERPOOL, Tuesday Morning. A,, W. LIVERPOOL, light. illinved—iler Majesty's ship Hastings, Plymouth guard- Ler tis ort • M E. Balta from New Orleans; Val- St'p; Phosn' ix Antig ua ; Invincible, Akyab ;E. Joshhles New Brunswick ; Faerie Queen. et t 'm t he Po r t—R en f rews hi re, Avon, Pelican, screw " l er) Burrell, and Calista Haws. Wlnd Q UEENSTOWN, JIILY 19. p n° ' Ar u ti• rived— Xeith , &ad, f bec.rom Ostend ; B rac k, f rom B ar b a d oes ; Que (By STIBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Tuesday, 9.30 A.M. AWind W.N.W. ; tide, second hour's flood ; fine. Itrrived, July 20--Her Majesty's steamer Gorgon, from Iraltar ; Liberti de Commerce, Konigsberg ; Norman, tterdam) Kingston, Cronstadt ; Petronella, Solmstadt; Oporto. July2l—Olive Branch, Port Philip. DEAL, Tuesday, 9 a.m. ' ind N,W, b y W. moderate : fine t„', 4B 4ed--Arran, from Quebec ; Victoria, New York l i Barcarres_, Bombay; America, Punta Arenas—all Lfr fo r -LOndon ; Velocity, London, for Shanghai ; d Waye ef . b ev e % I,,ondon, Sydney ; Catherine Adamson, Lon on, Syd 64 1 ,. r elhato bark, Shields, Constantinople ; Shakspeare, 41 : 1 41 Joseph Carrow, bark, westward, London. York Beachy Head, July 16—Sir R. Peel, from New gre, for Hamburg, reports :—Signalled, 12th of July, tlEt4a4lBen, barque, long. 12.20, lat. 48.26 N. ; the ship Men eu• Liverpoot, long. 7.30 W., lat. 49.20 N. 444 --Xincr Phili Ecli, V,rbzna, Way, witliseveral p Others, pse outward bound. Hibernia, and I, IiCraNIN4 TUE TABLES.—Paris, says an elegant author, tit er 0 tri, a y tunnuit,,, witb arca d es t o w hi c h t h e pedes -4 4 egUI resort f..r s helter from both sun and rain. Yet lim il t dun, with its variable climate, scarcely can boast of Q( v 'tnile of such harbours of refuge. The little bit of O ' x i t 3ted W ay which the foresight of the designer of New )t, ?rd-street provided has been again restored by a ofntrted into ~)R_4l order to the puhlic, it baying been exclus i vely . a gallery for furniture. The proprietor tai,. 5 I'4ll-known firm of Harding, of Fore-street, has tiiijintillarage at this, and in a fit of spleen has adver- N g. ` 1 i mmense stock there collected for unre s erved tvg i ni ' l lus will the public doubly benefit ; firstly. b y f ie W i ng the right of way, and, secondly, by the bona , 4or dl Bp fr eraetnent of the largest and, it is said, the . I:ftst 1/408everal days, ti% 'meet of modern furniture which has occurred since lket4lebrated 8 5.10 of Seddons. The sale is expected to and has given rise to a good de . al of 'Ns Y feel ing in the trade with which we can ne ither ttl ` 0 a,# nor detail , while such manifest good is likely "j 42 to those to whole the comforts of A home is a '64444t th04111‘....040170; I SHARE MARKETS—(This Day.) RAILWAYS. Bhr. I Paid RAILWAY/. Closing Pries. Businessdone yesterday this day. Ambz. Nottng. Bost. ' Eastn. June.... Belfast & Ballymena Birmng. Wolverh. & Stour Valley Birkenhd. Lancsh. & Cheshire Junet Black burn 51 - 5i 8i - 9 69 - 71 7 - 8i Blyth & Tyne original £25 (iss. at £45).... Bristol & Exeter...... Caledonian. ,Chester & Holyhead ,Cork and Bandon... Cork, Black. & Pass. 91 - 93 751 -76 i 36)1 - 37. I = 'i all ,Cornwall all I De. A 8 Do. B ........ 45 DublindtßelfastJunc. all Dun. P. &Aber.Junc. 100 East Anglian all Eastern Counties 100 EasternUnion,A.stk iOO Do. , do. B. Bil Do. New A 176 East Kent ... LOU East Lancashire all 'East Suffolk .• ... ••• 9 - 10 20 . 7 1 - 21 11 - 12 52 - 54 35 - 36 i 7 d 97 98 Do. Edinburgh es Glasgow Edinb. and Peebles Edinb. Prth. &Dundee Forth and Clyde June. Furness Glasgow & S. Western = ai' ia 36 10 all !Great N. of Scotland St. 100 Great Northern St. 100 ,Do., A. Stock Wit. 100 Do., B. Stock ..... St. 100 Gt. Sth. &West. (Ire. St. 100 Greg ,Vestern. St. 100 Do. Str.V.R gua.St 12 all Irish Sonth-Eastern 5C all Lancaster &Carlisle. 164 14) Do., Thirds 16i 12 Do. New Third; St. 100 Lancash. & Yorkshir 1.6 1 6 Do., do. F £l6 3 1 Do., Wst. Riding 17n 20 all Do. Southport I.li all London & Blackwal' St. 100 Loud. Bright. &S. Cst. St. 100 London &N. Western Z 0 all Do. Fifths . ... 10 all D0.,101.5h.:11&8...0 14 5 Do. Eighths St. 100 London & S.Waatern 25 ' all Lndndrry.&Coleraine 25 I all Lndndrry. & Ennisk. St. 100 Manch.Shef. &Lincln. 10 1 Metropolitan ........, 10 j 1 Do. J. L. Ricardo's arrangement Midland 99 - 101 8 - 9 99 - 101 93 - 95 121 - 123 104 - 105 63i -63 i; 63 - 651 70 - 74 6 - 8 6 - 8 1001 - 101 - 110 6 -- 112 1 1031 -- lei id 1011 4ii = u St. 'lOO St. 100 50 all 25 I all 100 ! all 25 all 50 9 20 all Do. Birming. & Derby Midland G. West. (Ir. ) Do. Shares Newcastle & Carl isle.. Newpt. Aberg.&lirfd Newry & Enniskillen Newry, Warrenpoint & Rostrevor Norfolk. Northn. Counties tin North British North Devon, Rail. & Dock Stock ...... Do., A Stock Do., B Stock N. astern Berwick Do. do. Extension Do do. G. N.E.Purch Do Leeds Do. York North London ..... N. & S. Wstn., Hamp stead, and City Jn North Staffordshire North Western.. N. & S. Westrn. Juno Oxford Worcester & Wolverhampton Portsmouth Rhymney Scottish Central Scot. N. E. Abrdn. St Shropshire Union Sitingbourne &Sheer South Devon South Eastern Do. 4} per . Shares South Wales S. Yorksh. River Dun 81 - 84' 54 - 556 e•• .. • .• 14 - 15 St. 100 50 3i St. 100 St. 100 63 - 65 3 - 3t , 44 - 45 5t..100 tit too St. 100 25 all 25 16i, 50 all St 100 Loo 10 31.1 91i - 92 - 221 23 44 45 id' ' 72i 73i ; 96 991 4i - 7 - 10 -10 i 35 36 6 Ed 104 106 25 a 26 43 50 3 2 d 17 18 74a 91 - 93 5 - 4'i 5j- 4fl 9 - 1 41 - 43 1 Do. Staines,Wok.,&Wok Stockton it Darling. Do. do., 1854 Do. do., 1.8N5 Stockton & Hartlepl (Taff Vale Do. Pref., No. 1 ..... Thames Hay. D. &R , Vale of Neath 1 Waterfd. di Kilkenny Waterford&Limerick I West Cornwall West End of London, and Crystal Palaco 1 Do. A Do. B West London Do. First Class Do. Second Class Wmbledon &Croydon; 21i -22 i - 7 - 9 51- 51 20 20 10 it. BRITISH POSSESSIONS, Atlan. and St. Law. Bombay, Baroda, and Cen. Ind, guar. 5 p. c. Do. Buffalo & Lake Hur Buff. , Brnt.& God ch 6 p.c.bds., 1 Aug.,'72 Do. do., 1 July, '73 Do. do., 1 June, '74 Calcutta and S. East. Central Oude (Lim.) Ceylon A shares Do. B. d 0..... Demerara . Eastern Bengal East Indian Do. C Shares Do.4i p.c. Bnds. ,'57 Do. do. do., '59, do. Geelong do Melbourne guar. 5 per cent Gd. Trunk. of Canada Do. 6 p. c. Deben Gt. In. Pen. g. 5 per c Do. New. guar. 5 p.c Gt. Wostn. of Canada Do. New Do. Bds., payable '571 Do. do., '76, p. '6O Do. do., '73, do. Du. do., '7 ', without option 'Madras, guar. 4 p.c Do. do., 5 per c. Do. 41 p. c. Exten. Do. 3d Ex., g. sp.c. Do. 4th Ex., do. Oude (Limited) Scinde, guar. 5 p er c I Do A atwrp & Rotterdam Ardennes.. lielgian East. Junct Reziers to Graissessac Carmeaux& Toulouse Coal Mines and Ry Dutch Rhenish Eastern of France Do. New Euphrates `alley Gt Central of France Great Luxembourg Italian Junction Lake Const. & Bale Lierre and Turnhout Lomhardo-Venetian Lucca & Pist.sp.c.p. Lyons and Geneva Lyons & Mediterran. Maria Anteula Do. New Namur & Liege Do. do. 6 p. c. Pref Northern of France 1 NorwegianTrnk. Pref Paris awl Lyons Paris and Orleans Reeife & San Fran , (Pernam.) g. 7 p. c. Rome and Frascati Royal Danish Royal Swedish (Sambre and Meuse Do. 5); per cent. pref Southern of France iWest Flanders IDo. 54 per c. Pref • I %V.& N.W. of France' Western of Austria West. of Switzerland Wiesbaden . Do. 8 p. cent. pref.' 'Zealand .. ....... FOREIGN. Id- Ip 5 4d 188— 92 85 90 85 90 11 - li p d 991 --ip 1001 191 -- 2 0 4 1 56 -- 57 87i -- 8 8 4 20 -20 t, P 22 -- 224 1 -- lip l i 99 -101 109 -- 113 109 -- 113 407 109 18 20 21 1 3 d d— iP id ip t par 6i si •• •••• - 51 211 22181 par iP 18 23§ 81 24 :: -- 4 4i -- 4iP iii ---- 27i -- 8 191 -- 20 33i -- 344 81 -- 55t -- 56 56 -- 58 i d pal 16 - - 18 - 1 7i - 8 8 - 8. 28 - 293 4i - 5 - 9} 28i -29 i JOINT-STOCK BANKS , Australasia Bank of Egypt .. ,Bank of London Bri. Col. Bk.& Ln. Co British N. American C. Bk . of Ind. An. &eh City Colonial Commercial of Lond Eng. Scot. &Aug. Cht Lon. Ch. Bk.of Aust !Ditto New .........• !London and County Lnd.&E Bnkng.Corp I London Joint Stock Lond. andWestminst National Pro. of Eng Do. New National Bank New South Wales (Oriental Bank Corp 1 0 ttoman Bank Provinc al of Ireland Do. New.. R.Atuii.B. &G. Im.Co South Australia Union of Australia Do. New ,l Union of Loudon . ... TJnity Mutttal ..... ... 'Ann of Imam 89 91 2 lAd 48 50 ••• --- ••• li —... d 64 66 is := 17i -- 18 I •• '''' ••• .... ••• 46 4S 36 - 37 3 d- ip 32- 34 54 - 55 6 - 7 .. 7- :di 13 .... 114 St. St. St. 50 20 100 100 100 all all 100 all 100 all all all all all rilE SUN, LONDON TUESDAY EVENING, JULY 21, 1857; LINES LEASED AT FIXED RENTALS. IMPERIAL PARLIAMENT. I 1 RAILwAys. Leasing Companies (71..a1na Prices yesterday kill/111CW) this day HOUSE OF LORDS. —(YESTERDAY.) The LORD CHANCELLOR took his seat on the woolsack at five o'clock. OATIT OF ABJURATION. Lord CAMPBELL gave notice that to-morrow he should put a question to his no:11J and learned friend (the Lord Chancellor) respecting the appeal now pending of Salomons v. Miller. The noble and learned lord also gave notice that to-morrow he should call the attention of their lordships to the abjuration oath as it at present existed. SECOND READINGS. On the motion of Lord REDESDALE, the following b lie were read a second time :—London and South- Western Railway Acts Amendment ; New goay Pier and Harbour Railway ; Norfolk Estuary Estuary Acts Amendment ; Reading Railway Junction ; Salisbury and Yeovil Railway ; Stockport, Dieley, and Whaley Bridge Ra lway ; Swansea Harbour Trust and Swansea Dock ; Denthorp Turnpike Trusts ; Great Yarmouth Water ; Salford Borough (No. 1) ; Taff Vale Railway ; Bourne and Essenden R a il way, Conistone Railway, Clyde Navi gation, Elie Harbour, Hamilton and Strathaven Rail way, Lowestoft and Burgh, St. Peter, Ferry and Roads, Pultenay Town Harbour, Richmond and Kew Extension Railway, Rhymney Railway, Twced Fisheries, Victoria Gas, WhitehP.ven and Furness Junction Rail way, and Mersey Conservancy and Dock. THIRD READINGS. Ou the motion of Lord REDESDALE the follow ing bills were severally read a third time and passed : Lewes and Wickfield Railway, Mallow and Fermoy, and Great Southern and Western Rlilway, Baring's Divorce, Bury Gas, Cannock Mineral Railway (No. 1), Selby Market, Weghton Market Turnpike Trust, West Sower et Mineral Railway, Newton and Machyalle% Railway, n:estwicb, Bury, and Radcliffe Roads ; Shrop shire Union Railway and Canal ; London and North- Western Railway, and Shropshire Canal Companies ; Dundalk and Enniskillen Railway, East Somerset Rail way, Stratford-upon-Avon Gas, and Dartmouth and Torbay Railway. THAMES CONSERVANCY BILL. Lord SL. LEONARDS moved the second reading of this bill. The object of the bill was to settle the dis puted rights of the Crown to the soil between high and low water mark. The Board of Co iservancy, to be ap pointed by the bill, would be investcl with the rights of the Crown as well as those of the City. The Corporation had expended upwards of 50,000/, in the improvement of the fit, r Thames, and had not received the slightest compens:.'ion. The Dukecf NEWCASTLE objected to tho neoond reading of the bill, on the ground that the Board of Con servancy were utterly incompetent to discharge the important duties that were to be entrusted to them. He asked again of their lordships who had been down the river as far as Blackwell, to reflect upon the state of the river between that place and London-bridge. He wished to know whether it was to be allowed to de generate into a filthy sewer, for, if it was so, it was greatly to be fe..red that, during the hot weather, if something was not done to improve the river, a frightful plague might be occasioned by the effluvium tmat arose at low water. The first step towards Oa improvement of the river was to em bank it, as that was the only way to effect any lasting improvement. In the bill there was no general plan laid down for the effectual discharge of the duties that were to be conferred upon them, and they would therefore , become wholly irr es p ons ibl e . (H ear .) He was sorry the Government should not oppose the bill after the Board of Trade had reported against the bill. (Hear, hear.) This bill was considered to be a private bill, but it nevertheless was one of the greatest importance, and be called upon their lordships, if they valued the health of the metropolis, to reject it, and with this view he moved that the bill be read a second time that day three months. Lord CAMPBELL said he had not had time fully to consider the bill, but he believed the right of the City to the right of the sol between high and low water mark was open to much suspicion. Earl GRANVILLE said by the existing law the Corporation was undoubtedly the sole conservator of the river Thames. The bill was merely one of compro mise in regard to the rights of the Crown, and as far as he could see be thought the arrangement a fair one. After a few words from the Duke of NEWCASTLE and Lord ST. LEONARDS, their lordships divided, when there appeared— For the second reading of the bill Against it 5 Majority —39 The bill was then read a second time. MERSEY CONSERVANCY BILL. Tne Earl of DERBY presented a petition signed by 13,000 persons in Liverpool, against the Mersey Conser vancy Bill, Tice Duke of NEWCASTLE presented petitions in favour of the bill. The Duke of NEWCASTLE moved the second read ing of this bill. It was not arbitrary, nor was it a viola tif.n of the rights of property. It was simply to form a new trust for the t 011.4 and the docks. Lord RAVENSWORTH opposed the billas a violent and arbitrary measure. Lord WE - NSLEYDALE said the bill ought to . be thrown out. It ignored compensation. The Marquis of CLANRICARDE supported the bill. The Earl of DERBY strongly blamed the conduct of her Majesty's Government on this occasion. The house divided— For the second reading Against it l5-8 The bill was then read a second time. ATLANTItJ TELEGRAPH COMPANY BILL. On the motion for the third reading of this bill. Lord REDESDALE drew attention to the fact that it did not contain the usual provision enabling the Go vernment to take possession of the line of telegraph. This could not be done, because the United States joined in the guarantee to the company ; but he thought it would have been better if this Government had under taken the whole guarantee. Earl GRANVILLE gave some explanations, and the bill was read a third time and passed. nor the East India Company had received any such com munication. In consequence of the great excitement that naturally prevailed in reference to Ind!an affairs, he begged to state the present means of commun i cat i on be tween the two coureries. There were two mails a month, and as soon as they arrived at Suez, a short account of the contents of the mils were telegraphed to Trieste, and from thence to this country, in anticipation of their delivery. He was at a loss to conceive how it was the rumour referred to had originated. (Hear, hear.) He had no wish to interfere with the manner in which the respectable editors of the press in this country conducted their business, but he hoped after what he had said relative to the means of communication between the two countries, that they would be cautious how they received rumours of this kind, which necessarily caused much uneasiness to the public. (Hear, hear.) He did not place the least anon in the rumour alluded to, and his impression was —from the last account—that there was no disaffection in the Bombay and Madras armies. (Hear, hear.) 1100 100 all 100 all 100 I Bnckghamsh Clydee.alo Jc. ,Col.Stanr Vy. E. Lin. g. 6 13. k• lE. Un. H. Sh. Glas. Barr. & Neils. Direct. Do. New Glstr.&Dn.Fr Hull & Selby Do. Shares Do. Shares Lon. di Greenw Do. Preference Lon. 111., &S. Do. Birk. Sh. Manch.Bxton. and Matlock ,Mdld. Bradfd. ,Newmarket 'BuryE.G.spc. N.diEst.s P.C. Do. 6 per ct Do. Fixed sp. c Prest. dz Wyre Do. Shrs. Roystn. & Hit. 'Shrews .& Her S. Staffordsh ,WearVal.g6pc Do Wilts diSoinrst Lu. &N. W. 1 13142 f -ion ... E. U. & E C Nortftn E. Count. Caldonian. Do. Qt. Westn. Y. & N.M Do Do S. Eastern Do Peto &Co Do Ln. &N. W. & Midld. Midland... 1 100 5.} E. Count Do Do . Do. L. & N . W ' Do 3IT G . t. . Bm N rci o a rt giel h aenyl Stk. &Dar Do Gt. Westn Blyth and Tyne 10 p. e.pref. (issd. at 501.) Brie. & Ex. 4 p. c. Do. 4 per c. Shares.. Caledn. £lO 46 p c. Ches. & Ho. 56 p.c. Do. do. 5 per cent... Cork &Banclons6p.c. Dun.Porth.&Aber.J. E. Anglian Cls. A Sh. Do. do. Cls. B 6 p. c. Do. do. Cls. C 7 p. c. Eas.Co.Ex,sp.cNo.l 'Do. No. 2 Do. New 6 pr. c. St. East Un. ' G. 6 p. c. Do. 51., 10 per cent. Do. 101. Debentr.Sh. Do. do. 4 per cent... East Lancash .6 p.cts. E.drW. York. J. sths Edin. dt Gl. sp. c. Sh. Ed.Prth.&Dun.4p.o. Furness. 5 p. e....... Glas. di 5.W.G.5 p.c. Great Northn. 5 p.c. Do. 5 p. c. Redeem. at 10 p. c. prem.... Do. 4i per cent ..... Do. 5 p.c., Red. at 5 p. c. prem. Gt.N . of Scot.lst Pre Gt. S di W. (Ireland) Do. 4 per c. Pref. St. Gt. W. ( B. &H. Ex.spc Do. con. red. 4i p.c. Do. con. red. 4 p. c. Do. irred. 4 per lent. Do 5 p. c. red. pref. Do. Birm. Pref. ih Do. Chester Bp. c . P. S Do. do. 5 p. c. do Do. Birm. Chu. Stk Do. Chesh. Gna. Sh Do. do. do. ,Do, do. do Lan. & York. 6 pc. St. Lon. &B. G. 5 pc. No.l D0.,P.,5 p.c.St.No.2 Do. New Guar. 613. c. Do. do. 5 p. c., No. 4, Lon. & N. W., Cov. & Nuneaton 5 p. ct... Lon. & S.W. 7 per et. late 3d Shares Londy. & Color, i Sh. Londy.StEnnis. i Sh. M., S. AL. 6 p. Cent. Do. do. do. £6 ... .. Do. do. 3 per cent. Marypt.. Carl. 4 p.c Do. 44 per cent Do. do. Wid. Consol. 6p. c. St. Do. Con.Br.Bir.6 p.c. Do. 4. p. c. Pref. St. Do. L. & H. Pref. St. New., Aber. , drc., pr. 5 p.c.red. sp.c.pm. Do. Perpet. 6 pr. ct. Norfk. D ob. 4 p.c. Sh. Do. 5 p. c. Ext. 1846 Do. 54 p.c. pf , 1847 Do.Wv.V.sp. •.,1847 North British Do. 71. Preference N. E. Berw. 4 p. c. Prf. Do. do. do Do. Leeds 6 pc. No. 1 Do. do. Qrs., 1848 Do. York H.& S. Fur North Staffordshire Ox., Wor. di Wolv. 6 p.c., Ist guar Do. 6 p. c. 2d guar Scot. Cent. New Pref Sc.N.E Aber.,;.6p.c Do. do. 7 p.c. pr. St Do. d 0.3 p.c. pf. St South Devon Do. fixed 44 pr cent S. Eastern (Reading Ann.) of £1 Os. 6d. Do. 44 per cent Do. Fixed 44 p.c. Sh S. Wales Gua. 4 p. c Do. do. 44 p. c S.Yorksh.4 p.c.Guar Stock. &Dar., sp. c Do. do. do. Stock. dt Hartl. g. 5 p.c. till July 1, '56 Waterfd& Kilk. 6 pc. BRITISH PREFERENCE SHARES. 89 L - ii eli :- 97 6 i --: s# 111 - 113 112 - 114 12i -- 12 70 - 72 114 - 116 1105 - 107 1100 - 102 60 - 62 10k - 10 92 -- 94 81 - 83 83 -- 85 99 -- 101 91 -- 104 17 -17 t 91 -- 104 73 -- 75 19i -- 20 9 -- 10 14i -- 15 138 - 141 1115 - 117 1156 - 158 i - iP 66 - 68 132 - 134 96 - 97 87 - 89 11 - 11. - 104 93 95 li ld 1 - 22* - 22 114 - 116 98 - 99 114 - 116 105 - 110 18 - 19 22i - 23 98 - 100 95 - 100 27 - 28 2 - 3 i ••• - ••• 2i - 2i ,dfred Cons. (Philk.) ,British Iron . Condurow (Cambrn.) iDev. Gt. Cnsls. (Tay.) Great South Tolgus 'GA. W. Alfrd. ( Philk.) Grt.W. Vor (Helstn.) Lady Bertha N. Frances (Illogan) N. W. Basset (Illogan) North Wheal Crofty Par. Cons. (St. Blazy) iPorkellis U. (Wend.) iSort. Cons. Mi . Co Caradon (St. Cleeri S. Carn Brea (Illogn. S. W. Frances(lllogn., Tarn. S. & L. Min. Co Tin Croft Jn. Mines (Gwennap) of '.Cowry (Camar.) W. Basset (Illogan).. W. Caradon (Liskrd.) Wh. Basset (Illogan). Wh. Buller (Rdruth). Wh. Edward(Calstck) Wh. Kitty (U. Llant) WhiMa. Ann (Menht. ) Wh. Trelawney (Lis. ) MINES. 164 - 171 6 - 7 130 - 140 440 - 450 15 - 17 71 - - 51 31 - 4 10 - 12 13 - 14 3 - 4 19 - 21 5 - 6 2i - 21 315 - 325 4 - 5 275 -- 285 - 1i 3f - 4i -- - i 26 - _ _8 120 - 130 220 - 230 290 310 6i - 6 194 20j 46 - 4.8 24 - 26 FOREIGN MINES. I Austraian Brazilian Imp. (issue d at £5 pm) Do. Cocaee & Cuiada Do. St. John Del Rey Clarendon Con. Min. Co. of Jamaica Cobre Copper Copiapo Fortuna General .. Linares .. Lusitanian Mariquita New Granada 1i - 2 10} -- 11 51 10 12 id 16 18 7} 7V ld p - i 1. *ii :- ii 3d . - INoveau Monee Pont. Sil.Ldlif. Snf Port Philip Santiago de Cuba South -Australian Do. Scrip Do. 10 p. c. Pref. United Mexican MISCH: Australian Agricult. Australis. Royal Mail Berlin Water Works Brit. American Land Canada Do.Go.6pc.JankTil; Do. 6 p. c.Feb.&.Auf. D 0.6 p.c. Msr.&Sept. Copper Min. of Eng. Do. Pref. 7§ p. cent Crystal Palace Do. Preference Crystal Pal, of France 0 uston Iron Ore, Eastern Steam Electric Telegraph Electric Tel. of Irel En. &Aust.Cop.SmCo Eur. & Ind. Jan. Tel. Gen. Ir. Sc. Col.(lina.) Gen. Steam Navigat. London Discount Lond. Gen, Omnibus Magdalena St. Navig, Mediteran. Elec. Tel. Mexican& S. Ame r i cn l Nat. Discount Co Do. New Netherlands Land , Do. Do. • Do.B p c.Pf. iss.at Do. Do. N e w Is. &N. S. Land' N. s. W. Gov. 5 p. c. D New Shares • DON.NrB. Oriental Gas team an Peninsular & Oriental & Manrl. Peelfir. Do. New Rhymney Iron Do. New Royal Mail Steam._ Scot. Austral. Invest. Do. New S. Aus, Gov. 6 p. c. South Austral. Land Submarine Tel. Scrip Do. Registered True. Ln. Co. Up. Oan. VOA DIOMOMI UDC.. ANEOUS. 2. - 24 ..• - •• 4 - 5• 138 142 114 -114 i 30 - 35 25 27 lf 98 - 100 la la 11 id s 1 31 li - ~ i -7- ii 3 - :i 1$ - -2 p 2 9 - 93 8 R - i 9 Id lk A„ li - 21 63 70 4A —. 5 /3 22 —24 6 8 53 60 1 1 li ... 104 ga 33 35 1 7 1 11 - 12 11 - 13 L 32 - 135 31 - 4} ii. 66 =-- la 1 -12 f 22i -23 i - 102 id- P 2f - 2f 90 - 92 55 -57 P 1 131 - 133 8 - 8i 9 - 94 32 - 33 89 - 91 IMPERIAL PARLIAMENT HOUSE OF COMMONS—(This Day.) The SPEAKER took the chair at 12 o'clock. PRIVATE BUSINESS. The Lords Amendments to the Keith and Dufftown Railway (No. 2) Bill, and Manchester Corporation Bill were considered. SCINDE RAILWAY. Mr. C. FORSTER moved that in the case of the Scinde Railway Bill, the Examiner of Petitions for Pri vate Bills have leave to sit and proceed forthwith.— Agreed to. HUNTINGDON ELECTION. The members of the committee appointed to try the merits of the petition against the sitting member were called to the tab!e and sworn. LEAVE OF ABSENCE. The SPEAKER read a letter from the solicitor of Mr. Locke, one of the members of the committee, stating that he was at present at Aix-la-Chapelle for the benefit of his he Atb, and under the circumstances he begged to be excused from attending on this committee. Mr. BASS bore testimony to the correctness of this statement. After a short discussion, the hon. member was excused from attending. BERWICK ELECTION PETITION. The SPEAKER read a letter from the agents of the petitioners against the sitting members, stating that it was not intended to proceed with the petition. BANKING BILL: On the motion that the liousegoint:o committee, Mr. HEADLAM said he had a very important mo tion on the paper respecting this bill, it was to move an amendment to provide for the formation of joint-stock banks, based upon the principle of limited liability, but in the present state of the house he appealed to his lion. friend the Vice-President of the Board of Trade not to press forward the bill at a morning sitting. He doubted much if there were sufficient members present to constitute a house legally, and a■ the measure was one that would require the greatest attention he hoped that the committee would be postponed until a future day. Mr. HADFIELD thought the best course to pur sue was to withdraw the bill altogether for the present session. Mr. LOWE reminded the house that the bill was to establish a system of winding-up, in place of that which bad proved to be so disastrous in the case of the Royal British Bank. The subject was of such importlince to the commercial community that he could not consent to postpone the progress of the measure for a single day. The hon. member, if be thought proper, could bring for ward his amendment upon the bringing up of the report. After a few words from Mr. GLYN, The house went into committee on the bill. Clause 1 was agreed to. On clause 2 being read, _ _ ____ . _ _ _ _ Mr. HEADLAg moved the omission of certain words at the end of the clause, for the purpose of introducing words to provide for the formation of Joint-Stock Banks up_ s the principle of limited liability. The hon. mem ber basing complained of being compelled to proceed with his amendment in so thin a house, proceeded to explain that some time ago he had to investigate the case of several Joint-Stock Banks in the north of England ; the result was, that he became thoroughly conscious that the principle of unlimited liability, as applied to Joint-Stock Banks, was attended with very great evils, and it was to put an end to such anomalies that he then discovered that the present amendment was proposed. Having entered into a statement of the evils of unlimited liability, the honourable member said he believed that the direct tendency of the present law w as t o l ower t h e character of the shareholders in such companies. Un limited liability prevented the establishment of joint stock banks, for but few gentlemen would be found disposed to enter into a concern by which they ren dered themselves liable for every shilling of the liabi lities of the company. He looked upon joint-st oc k b an k s , in was possessing a character itTedhe.libaubislity, s transacted busines s of the same nature, and it somet imes happ ene d t h e w h o l e e which purely th e r e fictitious. was unlimited capital was frittered, and cases had occurred in which, he was sorry to say, it had been traced into the bands of the directors. He maintained that the existing sys tem did not work well, on the cont r ary, he thought it was impossible to exaggerate the evils it occasioned ; bearing out this view of the case he need only point to the Tipperary Bank—(hear, hear)—as an illustration of the bad effects of the system ; and then again the Royal British Bank, at the constitution of which it was said to be based upon limited liability, but the shareholders had found to their cost that it was not so, but on the con trary, they were liable for the debts of that bank to their last farthing. If his amendment was agreed to cases [LEFT brEAKING.] MOBOCRACY IN NEW YORK. There is certainly a moral of some sort to be de duced from all great disturbances, riots, and emeutes. Hardly one occurs in any part of the world which does not convey a lesson to somebody. Very few people are supplied with as many lessons of the sort as we are. We have riots and disturb ances of all sorts, grievous and disgraceful enough in their way. The only consolation we have in re cording or commenting upon them lies in the fact that probably in no part of the world are riots so little significative of the state or feelings of the com munity at large—so entirely local both in their causes and in their results. An English riot im plies, as a general rule, great and wide-spread suf fering or discontent so acute, that the restrain's of a strong Government and we ll-knit arisioeracy areinsufficient to prevent itsboiling over. A French emaute is either the herald of revolution, or the at tempt of hordes of fanatics to break up the frame work of society, and imposes upon the nation, per fas aut nefas, the wild es t " cra zes" which the wildestimaginations can conceive. When barri cades are erected in the rue St. Antoine the world knows that the Government pro tem, is resting on an unsteady basis, and that a large portion of the French people is desirous of change. It is hardly necessary to speak of the full force of disturbances in any other European country. In all despotisms popular outbreak implies not simply the existence of deep-seateddiscontent, but that the malcontents were growing too strong for theT tyrants. It is at once the price and privilege of freedom to indorse turbulence and disorder with impunity. No Frenchman ever crosses the Channel and witnesses the tumult by which an En g li s h electio n i s mar ked without feel ing convinced that the empi re is tottering to its fall. No foreigner, we are fully persuaded, ever reads the accounts of riots and bloodshed by which the columns of our own journals are frequently dis graced, without arriving at th e conclusion that all security both for life and p ro p er ty is at an end within the limits of this Republic. One must be on the spot and have some insight, how ever small, into the genius of our i n stitutions, and instincts of familiarity, however sli g ht, with the of the people, to know how ale the whole body po'itic is affeeed by what are, after all, but scratches on the surface, which a thorn might in flict or a day might heal. We desire to guard aced i our selves expressly iu making these remarks against the imputation of being the apologists of such scandals as those by which our city w as disgrace on Saturday and Sunday nights last. There sno way in which armed conflicts between bands of ruffians in our streets in broad noonday can be made to wear any aspect but a discreditabl e o ne . But we do wish to have the world know t h at in all this, so far from buying our freedom too dearly, we could bear twice the amount of rowdyism by which we are at present afflicted, without wishing to sacrifice one jot or tittle of this rude license, in return for the chains, the bayonets, the clean streets, and trained police of a "strong Government." — New York Times. SOP INTELLIGENCE. MAIDSTONE July 16.—The hops in this neigh bourhood exhibit the effects of the very hot weather, like tlla a t large pres e o onea healthy ; there and an improvement is manifest. F rom th e ravages of the vermin upon the sl ack bine, it was at one time fully believed that there would be, at least, a partial blight, and it is e vident that the c a r r o e p so w m il e l g n r o o t un b d e s a , n h y o th w i e n v g er, luxuriant appearance, the shoots being strong and vigorous. The " platty" uneven grounds are still much infested with vermin, but we cannot learn that there is any increase. The duty recedes. Our local returns are conflictory. ADDINGTON.—The fine growing weather does us good. We have good strong biue, although there are a few short places. Vermin not so numerous. AYLESFORD,—Our hop grounds look very well generally speaking ; we have a few foul grounds, but for the most part the bine is Strong, and in good condition. BARMONG. -0 UT hops continue to improve ; the bine gains strength, although it is Closely followed by vermin. The crop, according to appeannces, I must be a short one, as compared with the last two seasons. BOXLEY.—Our hops are doing well. The bine is in good condition, and we do not hear so much talk about the vermin, although there is still a con siderable quantity. LOOSE . —Our hop plantations up to Sunday night were looking remarkably well, Lut within a few hours a considerable change was manifested, and they presented every appearance of going into a rapid blight. The present hot weather may, how ever, have a good effect upon them. MEREWORTII, —The hop bine continues to grow, although in some grounds there i s a slackness. The hops certainly look better than they did when we last wrote. W ATERINGBURY AND NETTLESTE.A.D .--.-WO have to notice an improvement in our hops. The bine in most grounds looks very well, is strong, and in good condition, and the shoots are healthy and vi gorous. Other grounds show a plattrand uneven hue, and time ia Kew vornaill in the plant. BANKRUPTCY LAWS. Lord BROUGHAM postponed his notice on this sub ject until Thursday, when he said he should propound to the house such alterations as he deemed requisite in our commercial law. INCLOSURE ACTS AMENDMENT BILL. This bill was read a second time. LARCENY, &c., BILL. This bill, and seven others founded on the recommen. dations of the Statute Law Commissiuh, were severally read a third time and passed. The Crowded Dwellings Prevention Bill and the Turnpike Trusts Abolition (Ireland) Bill were read a third time and passed. The Constabulary Force (Ireland) Bi'l passed through committee. Their lordships adjourned at half-past 9 o'clock. HOUSE OF COMMONS.—(YEnExpey.) The SPEAKER took the chair at 4 o clock. PRIVATE BUSINESS. The Lords' amendments to the following bills were considered, and agreed to :—Brighton Ferry Docks ; Glas gow City and Suburban Gas ; Scottish Central Railway ; Stamford and Essendine Railway; and Victoria (Lon don) Docks. Leg's Divorce Bill, and Smith's Divorce Bill were read a third time and passed. The Edinburgh, Canongate, and Montrose Annuity Tax Abolition I3ill was read a second time. SHEPHERD'S DISABILITIES RE NIOVAL BILL. On the motion for the second reading of this bill, Mr. FITZROY, chairman of the committee for private bills called the attention of the house to the circum stances connected with the bid, and asked their advice for his future guidance. It appeared that Mr. Shepherd took orders in America, and officiated there as a Protestant clergyman for some time. Finding his health impaired by the climate, he returned to England, and on its re-establish ment he went back to America. He continued there till he found a second time that the climate of America would not agree with his health, and he bad again to return to England. His health was now re-established, and he now asked by this bill to be removed of his disability, so as to hold preferment within her Majesty's dominions. There were two acts in existence which prevented his holding preferment in the Church of England, viz, the 26th Geo. 111., and an act passed in 1840. Since 1843 there had been four similar applications, and he (Mr. Fitzroy) wished to know if the house would consent to the law being put aside in this way, or whether it would alter the general law in reference to this subject ? After a discussion, in which Mr. Foster, Mr. Sothe ron Estcourt, and Mr. Kinnaird took part, Col. W. PATTEN urged that till:3 house ought not to make an txc,ption in Mr. Shepherd's case, but rather alter the general rule. Mr. GLADSTONE thought this a matter for general legislAiou. It was bard that a Protestant Episco pal clergyman of America should be under a statutory disqualification ; whilst " Jumpers," " Shakers," and even " Mormons" might, if they came to this country and conformed to the Episcopal Church, be ordained and admitted into the Church. He also referred to the anomalies relative to the validity of ordination in con nection with the Romish Church, and said he thought it was high time to alter the general law on this ques tion. Sir G. GREY considered it was high time to get rid of not only the anomalies, but the absurdities connected with the validity of ordination. He thought the house ought to pass the present bill. After some remarks from Mr. ROEBUCK, The bill was read a second time. FALKIRK BURGHS. Sir J. PAKINGTON brought up the report of the committee to inquire into the validity of the return of Mr. J. Merry for Falkirk burghs. The committee were of opinion that the election wag void on the ground of bribery and treating through Mr. Merry's agents, hut without his knowledge or consent. The committee further reported Mr. Merry's election expenses were returned at 2,436/., that the election auditor only allowed 1,611/., and that be was unable to state who had paid the ba lance of 8251. (Laughter.) BR[DPORT ELECTION. The SPEAKER announced that the petition against the return for Bridport had been withdrawn. RETURNS. Several unopposed returns were granted without opposition. INDIA. Mr. ROEBUCK asked the Vice-President of the Board of Control whether the Governm ent or the Eut India directors had received a telegraphic communica tion from India, stating that the Bombay Army had mutinied? Ho was induced t o p ut t he question from the statement he bad see n in one of the dail y papers. Mr. Y. NITS said that neither the Government SAVINGS BANK BILL. Mr. BAXTER asked the Chancellor of the Exchequer if, considering the advanced period •f the session, and the fact of their b e i ng 30 amen d ments to t h e Savings Banks Bill on the notice paper, he would consent to withdraw that measure, and refer the whole subject to a select committee I The CHANCELLOR of the EXCHEQUER said that he did not, consider the state of pubic business would permit hi 3 bringing on the Savings Bank Bill this sess ion. The bill, at a subsequent period, was withdrawn. CAVALRY FOR INDIA. Capt. VIVIAN asked the Under Secretary for War whether it was true that the order to send additional cavalry from this country, on account of the news which was brought by the last mail from India, bad been re scinded or suspended? Sir J. RA.MSDEN said that two regiments of cavalry had been for some time under orders for India. A third regiment was afterw.xds ordered for India, but that order had been rece fitly suspended. CRIMINAL LUNATICS. Mr. J. EWART asked the Secretary of State for the He me department, whether it was the intention of the Government to establish asylums to be exclusively de voted to the confinement of criminal lunatics? Sir G. GREY sp'd it was, and reminded the hon. member that a vote had been taken this session for the purchase of a site for that purpose. GREAT YARMOUTH HAVEN. Mr. WATKIN allied the Secretary to the Treasury if the attention of Government has been directed to the importance and facility of making Great Yarmouth Haven a harbour of refuge ; and whether he was pre pared to order evidence to be taken and a report to be made on the subject, and to lay such report before the committee on harbours of refuge ? Mr. WILSON said that the committee now sitting would, no doubt, take evidence on that part of the coast as well as the other, but he was not aware that it was the intention of the committee to order its inspection, REFORM OF THE LITURGY. Mr. WALPOLE asked Lord R. Grosvenor if be in tended to proceed to-morrow week with his motion rela tive to a reform of the liturgy I Lord R. GROSVENOR said that, in consequence of the misconception relative to the scope and purport of his motion, he should be obliged to bring it o❑ on the 28th. Should the motion meet with opposition, be should not press the house to a division, but postpone its further proceeding, in order to bring it forward at a more convenient season next session. ANNUITY TAX (SCOTLAND) BILL. In answer to a question from Mr. ELLICE, sen , The LORD ADVOCATE said that he would to morrow state what course he would take is reference to this bill. THE RUSSIAN TARIFF. In answer to a question from Mr. NEWDEGATE, Lord PALMERSTON said that he had received a communication from Lord Wodehouse, stating that the revised Russian tariff was published in the Russian language. It was the intention of the Russian Government to publish a translation of it in the French language, and as soon as it was issued he (Lord Wodehouse) would transmit a copy of it to this country. DIVORCE, &c., BILL. In reply to a question from Lord J. MANNERS, Lord PALMERSTON said it was his intention to proceed with the Divorce, &c., Bill on Friday next. THE DEFENCES OF THE COUNTRY. On the report of the Committee of Supply being brought up, Mr. BENTINCK rose, in pursuance of notice, to call the attention of the house to the state of the naval and military defences of the country. Referring to the dis cussion upon the subject on Friday last, the hon. gen tleman said the answer of the noble lord at the head of the Government was unsatisfactory, and he wished to elicit a clearer statement. He understood the right hon. baronet the First Lord of the Admiralty to have said on a previous occasion that we had not a steam line-of battle ship fit to carry troops to the East. He inferred that the ships were not in a sufficiently advanced state to be employed at a few days' notice in the conveyance of troops, and therefore that the ships could sot be imme diately drawn out for the purpose of national defence. The noble lord at the head of the Government told the house that he saw nothing in the present state of affairs to necessitate or justify the calling out of the militia this year, but he did not tell the house what course would be adopted to make good the deficiency of troops which must be created by the necessity of sending a large number to India. The noble lord, with his usual frankness, said he saw no probability of any outbreak in Europe. No man was more qualified to give an opinion on such a point, but the noble lord was not omniscient nor omnipotent. It was impossible that he or any one could say what might occur in the next four weeks. No opinion on the probability or improbability of an outbreak in Europe was worth anything, because it could be only a speculation, upon which they would not be justified in acting. Within a few weeks we might be engaged in hostilities with one or two of the most powerful States in Europe, and there ought to be means at our command to insure the safety of the country in the event of the occurrence of such a contingency. (Hear, hear.) The noble lord seemed to hold doctrines more becoming the Peace-at-any-price party. He said that " We must cut our coat according to our cloth." The SPEAKER felt obliged to remind the hon. member that these constant references to past debates were contrary to Parliamentary usage. (Hear, hear.) Mr. BENTINCK would not presume to argue with the right hon. gentleman who presided, 'but he sub mitted that, as he felt it his duty to call attention to the opinions expressed by the noble lord upon an important subject, if he were not allowed to advert to those opi nions there would be a complete end to all freedom of debate. He understood the noble lord on a former oc casion to say that the expenditure of the country should be regulated by its income. That was a dangerous doc trine to be laid down by the Prime Minister. It was calculated to raise strong doubts as to whether the noble lord had taken proper means for maintaining our de fences by sea and land. He trusted that the important subject which he had ventured to introduce to their no tice would be taken up by gentlemen of more ability and influence than himself, and that at length an expla nation would be elicited from the Government as to the measures they proposed to adopt for preserving the efficiency of our naval and military defences. Lord A. V. TEMPEST said that in deference to the feelings of the house the other evening he did not persist in his motion for postp ming the vote for an increase of seamen in our navy. He submitted, however, that in the present critical condition of India, and with hostili ties going on in China, the noble lord at the head of the Government ought to have made a statement to the house with respect to the exigencies of the country, and explained how he proposed to meet them. In lieu ot that —when, on Friday evening, the vote for 2,000 additional seamen was handed to the chairman in Committee of Supply, not a single remark was made by the First Lord of the Admiralty or any other member of the Govern ment, and bad he not ventured himself to address a few observations to the house the vote would have been agreed to in solemn silence. We could not disguise from ourselves the fact that a large military force would he required to suppress the revolt in India, and therefore it was somewhat extraordinary that the only vote which the Government had proposed for an increase of our armaments was one for an addition of 2,000 sea men to the navy. It had been stated by the public jour nals—not by any member of the Government—that 25,000 soldiers were about to proceed to India. He wished to know what measures the Government intended to take in order to replace that large force. Nothing could be more dangerous than to denude this country of the whole of its military defences, and yet, while the Go vernment had maintained a studious silence on the sub ject of any increase to our regular army, the Primo Mi nister bad positively declared that, in his opinion, the calling out of the militia was unnecessary. If the noble lord supposed that recruits could be obtained with little difficulty he was very much mistaken. (Hear.) The people had not forgotten the excessive favour shown to the soldiers of the Foreign Legion, and the rewards be stowed upon the members of the various civil corps, and they would not be found so ready to enlist into the army as some persons seemed to expect. Moreover, it ought to be remembered that at the close of the last war our army w as 50,000 men un d er the estimates voted by Parliam en t— a f ac t w hi c h . s h o wed how necessar y it was to take immediate measures for replacing the large force about to be sent to India. With respect to of our to the con veyance of troops, he might state thater M a a portion Majesty s screw Crimean army was brought home i Fin h First Lord of the Admi. line-of-battle ships, although th e ralty bad previouslydeclared that nu vessels belonging to the navy would be used for that purpose, in convey pose, and he was convinced the employmen t of screw steamers ing troops to India or China at the present time would be productive of both efficiency and economy. Th e no b le l or d concluded by asking what was th e t o t a l number of troops intended to be sent to India—bow they were to be conveyed—whether the Government had considered the expediency of increasing the regular army, and flee, to what extent—and whether the Government had con sidered the propriety of calling out some of the militia regiments ? Mr. W. WILLIAMS said there was evidently a strong desire on the part of certain classes to increase the army. For many years the standing army of the country fur home and colonial duty amounted to 81,000. It was now 126,000, and he hoped the Government, which knew the smuts of the country much better than individual mem bers, would not be induced by any remarks from mem bers in that house to make an increase which they them selves felt to be unnecessary. Col KNOX reminded the hon, member for Lambeth that 30,000 men had been abstracted from the army at home fur service in India and China. The hon. member, however, bad a hobby, which was to endeavour by every ;none in his power to reduce the army-to auonclitien in which it would be insufficient for the wants of the coun try. lie (Col. Knox) hoped the noble lord would profit by the experience gained in the last war, when, having allowed our army to be toe much reduced, we were driven to great straits to procure the men who were absolutely necessary for us. Lord PALMERSTON—It is, I think, not usual for ' I men who have at any time been anxious for the attain ment of a certain object to become less eager for it when they are placed in a position which makes them pee sonally responsible for its attainment. Now, at a mo ment when the question of adequate national defences was not quite so popular as it is now, I was one of those who out of office, as before that time when I was in office, urged upon Parliament the necessity of making more ample provision for the defences of the country. (Hear.) I retain that opinion now, and, being a mem ber of the Government and more responsible for providing adequate defences, I hope hon, gentlemen will give us credit for not being neglectful in accomplishing an object which all must admit to be of paramount importance. Now, the hon. gentleman who spoke last seemed dis posed to taunt us with evincing an inclination to too much economy in our arrangements, I have always felt and urged that Parliament ought to provide ample funds fer whatever may be necessary in the way of military or naval defences. (Hear.) I can only say that the expe rience of the past leads me confidently to rely upon the fact that Parliament never will be backward in answer ing the calls of the Government, whatever that Govern. ment may be, whenever it is felt that increased exertions are necessary to enable the Government to provide adequate means for the national defences. But it is one thing to call on Parliament in a great emergency to in• crease the burdens of the country, with a view to pro tect the country from danger ; it is another thing, in or dinary times, to call on Parliament to go beyond that amount which the Government, acting upon its own re speesibility, has deemed to be sufficient for defence, although perhaps they might have an opinion that the amount was not quite so large as they wonld have desired had there been more ample means their disposal. At the beginning of this year there ,as laid before Parliament a statement of the amount of military and naval force which we, who are re sponsible, considered at the time would be likely to be required. Therefore, as far as the defences of the country are concerned, looking at the state of Europe I see no reason why we should call upon Parliament to give us a greater number of men than we asked for ori ginally. (Hear.) The hon, gentleman who commenced this discussion thinks we do not look with sufficient fere sight to events which might happen to disturb the tran quillity of Europe and might involve this country in the necessity of making greater exertions. I can only say I see no prospect at present, no question impending which is likely to involve us in any struggle in Europe. I trust the hand of Provideece will protect us from any of those events which may unexpectedly produce a state of con vulsion. But if such an emergency should arise, Parlia ment is sitting, to whom we could at once apply, and if Parliament were not sitting we have the power of calling it together and asking its advice and assistance. Upon these grounds I feel there is no immediate cause for us to apply to Parliament for a greater amount of force for the service of the United Kingdom than that which we asked for at the beginning of this year. But it is quite true that events unexpectedly arising in India have compelled us to send from this country a portion of that force which had been intended to remain here for the purposes of national defence or for furnishing reliefs upon those sta tions where they might be needed. We, however, took steps to fill up the gap that would be created. We at once ordered the most active recruiting to take place. The only immediate way in which a drain of this kind can be met is by enlisting fresh recruits to augment the oitablishment of regiments remaining at home and in other places, or for the purpose, if it becomes necessary, of raising second battalions with a view of increasing the number of corps for relief abroad ; but that operation will go on without any assistance from Parliament up to the amount which Parliament has already sanctioned for the military establishment of the country. Parliament has voted a certain number of men, and a portion of that number being sent out to India, we are able to fill up by recruitments the gap thus created, and to restore the establishment to the same amount at which it stood before these events occurred. I hope that at an early period that gap will be filled up by the ordi nary process of recruit.ng. It not, it will become the duty of the Government to see what other steps may be re quired. One of the methods which has been suggested, and which has been much pressed upon us by hon. mem bers on the other side of the house, is that we should have recourse to the militia. I think hon. gentlemen do not accurately picture to themselves a distinct idea of what it is they recommend. If they recommended that the militia should be called out for training and exercise for the limited period of 28 or 56 days, to which in time of peace they are confined, is that intended as a means of inducing the men of those regiments to volunteer for the line ? I dare say, if we were to call out a large body of the militia for training and exercise, many of them would volunteer into the line, but it would be a most expen sive mode of raising men, because in order to recruit 100 or 200 men, you would have to pay the full establishment of the militia regiment for 28 or 56 days. Thus, the two thirds or three-fourths of the regiment who would not volunteer must be paid in order to induce the remaining one-fourth or one-third to join the line. Other gentlemen say we ought to embody the militia as a permanent part of the home garrison ; but: if they looked at the Act of Parliament they would see that we have no power to do so. The law gives the Crown the power of embodying the militia in case of war with some foreign Power, or in case of insurrection or danger at haute. We are not at war. I see no likelihood of our being engaged in a European war, and certainly there never was a moment when the country was less likely to see an insurrection at home. It is possible, no doubt, that events may have happened in India, of which we may receive information before Parliament rises, which will neces sitate so large a detachment of forces from this coun try than the ordinary process of recruiting will not be likely to till up the gap ; and I admit that, without any apprehension of particular danger at home, or anticipating any unfavourable change of political cir cumstances in Europe, it would not be right and fit ting to leave this country, I will not say entirely destitute, but with any diminntion for any length of time of the force that is necessary for its home defence. (Hear, hear.) It might, therefore, in such a case be proper to ask Parliament to give the Crown for a limited period powers to embody a portion of the militia, though not in a state of war. I merely mention that as one of the possible events that might make a recourse to Parliament necessary, though I hope no such necessity will arise. Tee noble lord opposite has asked me to tell him the number of troops going to India—a question which I beg to say I have already answered. The force sent out, or being rent out, is, in round numbers, 20,000, consisting partly of recruits for the European corps in the service of the Company, partly of infantry of the line, partly of cavalry, and also of artillery. There are about 1,000 artillery, c .nsisting of six companies of foot and 2 troops of horse artillery ; there are 3 regi ments of cavalry going, and the rent will be infantry of the line. We have sent out what we think to be suffi cient, judging from the last communications we had from India, and the amount of force sent rather exceeds that which the Governor-General in his last communica tion thought it was essential be should have. If, unfor tunately, further accounts should necessitate our send ing larger reinforcements, we shall then consider what step; we ought to take, and whether it may not be neces sary to have recourse to Parliament for further powers. Mr. W. S. LINDSAY thought the real question was whether the readiest and quickest mode of sending troops to India had been adopted by the Government. He thought it was impossible to send troops in line-of battle ships at anything like the cost of merchant ships as the former could not, like the latter lessen the charge by back cargoes. The questio n , i n his opinion, lay be tween sailing and steam-ships. Ye found from a return he held in his hand that the average passage of 22 sailing ships from this country to Calcutta was 1321 days, and that screw steamers had performed the same passage in 94 days, lees stoppages of ten days being a gain of 33 days in favour of the screw steamers. Bur, throwing aside stoppages, there would be a saving of 45 days by sending troops to India in screw steamers. This, he thought, was a matter of grave consideration at the present moment. The passage homeward from India showed nearly the same results, and the returns he had went to prove that in the passage out and home by screw steamers there would be a saving of about one third in point of time. Sir C. NAPIER considered it impossible to send the troops to India by line-of-battle ships, as they could not be fitted out in less than three months from the day the order was given. Great difficulty, too, would be found in ireA vessels.dm Admiralty N r v a e i r s e ing rig n h le t n i , n and he into het theherefo marketthaatgohht the did not care what the cost was , but he thou g ht the Go. re vernment ought to send out screw sh'pe, and, in order to save their coals, they shou l d take care to have them towed out to catch the trade winds. With respect to the defences of the country, he had always been of opinion, and he believed that the Government themselves were of the same opinion if they would only speak out, that this country ought never to be left without a Channel squad s sailing i paying n sghip offs ak our - n steam other nations ss vessels, ron for an emergency. It was n o use f or the Government steam,gland and,to rely insteadupon o of E had he contended that we should have paid cif our sailing vessels, and have maintained our screw ships. Our sta tion blockships, as they were called, were not blockships in reality, but were only bad steamers which were of no use whatever. Instead of such inefficient craft, we ought have first-rate screw ships at every outport, and as the Coastguard were now a well.organised corps, they would have been comp e t en t t o man th e s hi ps if the ships only had been ready for their reception. He trusted the Govern ment would recall from the outports those bad and useless vessels, and thatthey would substitute for them the best steamers at their disposal. It wasknuwn that ships in com mission with their full crews aboard did not wear out so fast as ships that were laid up in ordinary; nevertheless it had been the custom of this country to have the best ships laid in ordinary, while the worst ships were in commission. In conclusion he again pressed upon the Government the absolute necessity of embarking the troops for India in screw ships. Lord C. HAMILTON, before agreeing to the recep• tion of the report upon Supply, wished to ask this plain and practical question—what was the advantage gained to this country by the expenditure of the money which they were now asked tortanction ? 5 00,000/, was not the whole vote which they would be called upon to provide —it was only an instalment of a larger sum which al ready amounted to 930,000/, ; and, as it was one of the most important duties of the House of Commons to see that the public funds were not wasted, he could not con scientiously consent to this vote until he had heard some explanation with respect to the value received for the outlay. 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