The Sun. — London, England, 1857-02-09 00:00:00

NICINEY ADVANCED, upon the perEonal security of Gentlemen of Responsibility, Heirs to ier stalled Estates, Br.c. Reversions purchased , • r Loans made ) eon, eithnr at an annual interest, or In consideration of de erred charges, payable when the reversions fall in. Immediate Innutties granted upon the latter principle to persens entitled 1:. Reversionary Interests, who may thus obtain an income un ill tAeir property falls into possession, without being called upon for IV payment until that event. Address to &X., care of Mr. Grigg, Bookseller, 183, Regent ltreet, London. T HEATRE ROYAL, DRUM LANE.— Lessee, Mr. E. T. Smith. Acting Manager, Mr. C. Mathews. Stage Manager, Mr. R Roxby. Scenic Artist, Mr. W. Beverley. the eminent Comedian, Mr. Charles Mathews, every evening. Great Success of the Grand Christmas Pantomime, the ctost magnificent ever produced on the English stage. THIS EVENING, her Majesty's Servants will perform an entirely new three-act Drama, entitled THE BLACK BOOR. Characters by Mr. C. Mathews, A. Younge, G. Honey, Mr. Vincent, Mr. Tilbury, Mr. Lingham ; Misses Cleveland and 1. Oliver, and Mrs. Selby. After which will be produced SEE, SAW, MARGERY DAW ; ;Or, Harlequin Holiday, and the Island of Ups and Downs. The reduced prices as follows, varying throughout the louse to suit every one :—Galleries, 6d. and ls. ; Second flrele of Boxes, ls. 6d. ; Pit, 2s. ; First Circle of Boxes, 24. 6d. ; Dress Boxes, 3s. ; Stalls, Ss. ; Private Boxes, 10s. 6d., 11. ls., 1/. lls. 6d., and 21.25. A Morning Performance of the Great Pantomime every Wednesday, at Two o'clock. THEATRE ROYAL, HAYMARKET. THIS EVENING, to commence at Seven, with (first time) a new Comedy, in three acts, entitled POITBLE-FACED PEOPLE. Characters by Mr. Bnckstone, Mr. Chippendale, Mr. Compton, Mr. W. Farren, Mr. Rogers, Mr. Clark, Miss Reynolds, Mrs. Poynter, and Mrs. E. Fitz iam. Followed by A FAMILY FAILING. After which (44th time) the new comic pantomime, entitled THE BABES IN THE WOOD, or Harlequin and the Cruel 'Uncle. The scenery of the opening story painted by Mr W. Callcott. • The pantomime produced under the direction of M. Milano. Harlequin, M. Milano ; Columbine, Fanny Wright ; Pantaloon, Mr. Mackay ; and Clown, Mr. Driver ROY AL PRINCESS'S THEATRE. THIS EVENING will be performed A MIDSUMMER NIGHT'S DREAM. After which, a new grand Christmas Pantomime, called ALADDIN AND THE WONDERFUL LAMP; or, Harlequin and the Genii of the Ring. Harlequin, Mr. Corraack ; Clown, Mr. Huline ; Pantaloon, Mr. Paulo ; Co lumbine, Miss C. Adams. R Oy AL,- _LYCEUM THEATRE. Lessee, Mr. C. Dillon. THIS EVENING, will be performed THE KING'S MUSKETEERS. D'Ar tagnan, Mr. C. Dillon. To be followed by CONRAD AND MEDORA; or, Harlequin Corsair and the Little Fairy at the Bottom of the Sea. The burlesque opening by W. Brough, Esq., onnded upon the ballet of Le Corsair, as produced at Her Majesty's Theatre. The harlequinade upon things in gene. red. The new and magnificent scenery painted by Mr. F. Fenton. Miss Woolgar „Mr. J. L. Toole ~.Mrs. Charles Dillon _Mr. Tom Matthews and Mr. H. Marshall: The box-office open daily, from 11 to 5, under the super itendence of Mr. Chatterton, jun. Carriages conveying parties t the Private Boxes to set down at the State entrance in Burleigh-street. Conrad (the Corsair) Birbarto (his lieutenant) Medora Clowns THEATRE ROYAL, A DELPHI. Lessee—Mr. Ben. Webster. THIS EVENING, will be performed THE CUSTOMS OF THE COUNTRY. Melissa, Mrs Barney Williams. After which, A NIGHT AT NOTTING-HILL, in which Mr. Wright and Pail Bedford will appear. Followed by THE IRISH TUTOR. Dr O'Toole, Mr Barney Williams. To conclude with MOTHER SEIIPTON ; or, Harlequin Knight of Love, and the Enchanted Whistle. Harlequin and Columbine (A la Watteau), Madame Celeste and Miss Wyndham ; Clown, Mr. Garden ; Pantaloon, Mr. Moreland; Scaramoueh, Mr. Le Barr. Characters iu the bur lesque by Mr. Paul Bedford, Mr. J. Bland, Mr. R. Romer, Madame Celeste, Miss Wyndham, Miss Mary Keeley, Miss Kate Kelly, Miss Arden, &c. ROY AL SURREY THEATRE, Lessees, Messrs. Shepherd and Creswick. THIS EVENING, an original play, in three acts, entitled A BIRD IN THE HAND WORTH TWO IN THE BUSH. Roderick Praiseworthy, Mr. Shepherd. After which, HARLEQUIN AND THE SUMMER QUEEN. Harlequin, Mr. F. Glover ; Clown, Mr. Buck ; Pantaloon, Mr. Bradbury; the Four Sprites, the Fillis Fa mily; Columbines, Mesdames Marie and Agnes. STRAND T A.T RE.—MAnager, r. T., Payne.—This Evening will be per , owned THE PERILS OF CRINOLINE. After *which, DON'T LEND TOUR UMBRELLA.. Followed by THE ANTI-GAROTTE. To conclude with the immensely successful novel Burlesque Pantomime of THE MAGIC 3fISTLEIGE ; or, Harlequin Humbug and the Shams of London. The Fairy Christmas, Hiss E. Wilton ; Good Humour, Miss Norbury ; Mercury, Miss Cameron ; Humbug, Mr. Herbert; Cant, Mr. Bolton ; Baron, Mr. J. B. Johnstone ; Sir Roland, Mr. Clarke ; Lord Love]., Miss Craven ; Addelp de, Miss Cuthbert ; Crambo, Master W. Edouin ; Lady Agnes, Miss E. Jacobs ; Baroness, Mr. G. Lee ; Furbiloqa, Mr. J. Howard. Novel Harle. elttimade :-7Clown, Miss Cuthbert ; Little Clown, Master W Edouin ; Pantaloon, Mr. J. Clarke ; Harlequin, Miss Craven ; Columbines, Miss E. Jacobs and Mdle. Collison ; Premier Danseuse, Mdle. Marie Charles. Commence at Seven. Stalls, 3s. ; Boxes, 2s. ; Pit, ls. ; Gallery, 6d. A morning performance of the Pantomime every Monday at two o'clock R OYAL OLYMPIC THEATRE. Lessee, Mr. Alfred Wigan. THIS EVENING, DELICATE GROUND. G. Vining and Leslie ; Mrs. Stirling. A new Fairy Extravaganza, by J. R. Planche, Esq., called YOUNG AND HANDSOME. Messrs. F. Robson, Rogers, Leslie, G. Cooke, Danvers. Misses Swanborough, Tbirlwall, St. Cass., Castleton, Bromley, Maskell, and Mrs. Melfort. After which, CRINOLINE. Commence at half-past Seven. Messrs. ASTLEY'S ROY AL AMP HITH EATRE. Lessee and Manager, Mr. W. Cooke. THIS EVENING (first week) ROB ROY, with the origi nal music, and with effective Equestrian Illustrations and Tableaus, by Mr. Win. Cooke's Trained Horses. Rob Roy, Mr. James Holloway. After which, the favourite SCENES in the CIRCLE To conclude with the equestrian comic pantomime of PAUL PRY ON HORSEBACK. Commence at seven o'clock. Dress Boxes, 4s. ; Upper Boxes, 3s. ; Private Boxes, from 11., no charge for booking ; Fit, 2s. ; Gallery, Is. ; Upper Gallery, 6d. fiox•ofHco open from Eleven till Four. Stage Manager, Mr. W. West. Equestrian Director, Mr. W. Cooke, jun. CANTERBURY HALL, Westminster-road.— OPEN EVERY EVENING.—The follow ing company of Vocalists are engaged for the performance of Selections from all the popular Operas, Madrigals, Choruses, Glees, Duets, eze., via.: —Miss E. Pearce, Mrs. J. Caulfield, Miss Brunch, Miss Summers, and Madame Marietta ; Mr. J. Caulfield, Herr F. Jonghmani, R. Grover, T. Farrant, S. Jones, J. Barker, W. Melling, P. Corn, Senor Antonio M. de Solis, and E. L. !lime ; Masters Austin, Bennett, and Corri ; Messrs. Sam Collins, E. Mackney, and C. J. Wilkins. Pianoforte, Mr. Cecil Hicks; harmonium, J. Caulfield, jun.; director, Mr. J. Caulfield. Commence at Seven o'clock pre cisely. Suppers, &c., until twelve o'clock. Mr. C. Morton's Annual Full Dress Ball will take place on Wednesday, Feb. 18. Gentleman's Ce,ket, 7s ; ditto, 5s ; ti cket (lady and pntlen.,tn or two ladies), lOs . rsIIGEI WATER AT LONDON BRIDGa. TIIIS DAy—Morn. 20 min. aft. 2 —Evening 41 rain aft. 2 Til-Nicßacw—Moru. 0 win. aft. 3 —Evening 19 min.aft 3 Tito WEATHER—SUN OFFICE, FEBRUARY 8. THERMOKT:TER, IN TRg SUADR. 48 --higheat sines noon yesterday. 42 -lowest thia morning Ind during the night. 47 —Ws day st noon. PAROMIrrI4R, 2913. Virporn, S.W.—Liht, with fine mild, cloudy weather. Afternw,n, w, more g southerly and fresh, with rain. 48 —hi... FEBRUARY 9. ,ezt eirce noon yesterday. 42 --4 e 4 -At thi4 morning and dur!ng the night. 4$ —l ' l- a , ( 4 ) . at noon. BAROMETER, 29.6:. .:-_ WiND, __ S, BAROMETER, with fi ne, suns hi ny weat h er. , ".1t .______--__—, t 1Q r ;ie. , LI'ON,MONDAY , FEBRIJARY 9, 1, : 1 7 , _ _ The Chancellor o f the Exche q uer having yi e l,3 ed to the all but unanimously-expressed opinion of the House against referring the important question, of the renewal of the Bank Charter Act, the regu lation of the National Currency, and the laws re lating to Joint -Stock Acts, to the same Committee, it is unnecessary to advert at any length to that singularly impolitic proposition. The subjects are wholly maconnacted, and the only possible effect would have been to poApone, perhaps, to another sesiien the legiattl?n so urgently required on both points, and to permit sharp practitioners to more than double the losses occasioned to the un f )rtunate shareholders iu the cases of the Tippe rary Joint-Stock and the Royal British Bank., while the vexed que:•tion of the circulating medium was discu , sed 11, fore the Committee! As wo have already stated the head of the , TEE SUN LONDON, MONDAY EVENING, financial department goes into the investigation with his mind fully decided to do—nothing ! So far as he is concerned, the decision will be "a foregone conclusion." As we have already stated, he enters on the inquiry, not with the view of ob taining valuable information, on which a just and salutary measure might be founded, but merely to shift the responsibility from his own shoulders, and to discharge his envenomed shafts against the trade, commerce, and manufactures of the country from under the protection of a safe shield, without being held answerable for the mischievous results that must inevitably arise at the first emergency. His own decision being already formed, it is im perative that he should receive the assistance of a properly-constituted and impartially-selected committee. A packed body will be worse than useless. In place of supplying impeae trable armour, it will fall before the first blow, and he will only receive well-merited con tempt for resorting to a device so shallow and so easy of detection. The course which Sir G. C. LEWIS intends to adopt is simply to propose the renewal of the Act for a further term of ten years, without change or modification of any kind, so far as the circu liting medium is concerned. He is still re solved to prevent the exercise of any discretion on the part of the Directors with respect to the issue department. They must still be fettered by restrictions, which, although possibly applic able to one state of affairs, would be exceedingly unwise and injurious to the best interests of the country under different circumstances. Like the renowned SANGRADO —depletion is the panacea! A patient suffering from atrophy, or deficient cir culation, is to be subjected to copious blood-letting and thorough drovelling. In like manner when there is a manifest starvation of currency the ap propriate remedy is the abstraction of notes to the amount of nearly 41. for every ounce of gold withdrawn from the Bank. Thus, the reserve is subjected to a twofold process of exhaustion when it might be strengthened, and i❑ like manner the means are doubled, and the Bank is compelled, for the sake of dividend, to force its notes into circulation just at the time that it would be desirable to check improvident speculation and the undue extension of business transactions. The operation of the Act is thus, in every respect, mischievous. It stimulates when there should be reEtriction, rendering the inevitable reaction the greater, and restricts when a judicious and wholesome encouragement is imperatively re quired ! But supposing that the points respecting the separation of the issue and. the banking depart ments and the limitation of the circulation of bank notes were conceded, two questions mainly arise, viz. -Ist, What should be the amount issued against securities T and, 2dly, Whether there should be any, and what, dispensing power vested in the Government for the time being I On both these questions Sir G. C. LEVIS decided that there should be no change—that the paper issues unrepresented by bullion should remain at 14,476,0001., and that in case of necessity the Government of the day should be compelled to appeal to Parliament for an indemnity for what must be regarded as a wholly illegal act, being diametrically opposed to a well-considered Act of Parliament. On the first point, Sir G. C. Lewis declares that the amount of 14,000,0001. originally fixed was taken as " representing the lowest amount to which it was thought the currency might descend," This is the only assignable reason for the arbitrary selection; and, as a bad reason is better than no reason at all, we shall accept it quantal* valeat, exactly for what it is worth. But does it cccur to the Right Hon. Baronet that circumstances have changed materially since 1844 ; that there has been a very considerable extension, not only of the population, but in a still greater ratio of the legitimate business transactions of the ooun try ; and that there is consequently an imperative necessity for a larger amount of notes in the hands of the public ? From tables com piled by Mr. NBAMARCE from data supplied by Mr. J. G. HUBBARD, formerly Governor of the Bank of England, it appears that the out standing circulation of the Bank has increased, even since 1851, by about 4,000,0001. storliug. The natural expansion of trade has, therefore, absorbed so much more of the circulating medium —and, consequently, that amount has been ab stracted from the Reserve, and the only fund available for affording legitimate accommodation to the commercial and manufacturing interests has been pro taoto diminished. The effect of this contraction must be "to contract, in a much greater degree, the discount of bills of exchange, AD important form of credit." This is the state ment of Lord OTERSTONE himself, who, in his evidence before the Select Committee of the House of Commons, in 1840, said that " upon a con traction of the issues of the Bank, the amount of bills of exchange is also narrowed is a very in creased ratio." Hence the competition is greatly increased, and the minimum. rate of discount enhanced to 6 or 7 per cent. at head-quarters, which means 8 or 10, or at least 12, per cent. to the trading population. The enormous increase of commercial operations since the passing of the Act of 1844 also proves that a sum which was amply sufficient at that time would now be totally inadequate to the wants and exigencies of the nation, which have been greatly stimulated by the salutary action of Free Trade. In 1848 we reported manufactured produce to the value of 51,000,0001. In 1855 the official value was 95,000,000/., and there was a further increase of at least 20,000,0001. more in 1856. The exports were, therefore, far more than doubled—in fact there was an addition of more than 125 per cent., and yet Sir G. C. LEWIS sees no reason why the sum issued on securities should be altered. It has, in fac', been reduced by more than 225,000/., for the addi bional issue of 475,0001., authorised by the order in Council of December, 1855, was in place of more than 700,0001. absolutely abandoned by country banks, that have withdrawn from busi ness, in addition to the large amounts which the existing banks are within their fixed issues. What would be said of a body of railway directors who determined that, notwithstanding that the traffic had been more than doubled on their line, they ' would make no addition to the number of their carriages and trucks—nay, more, that they would only replace twc-thirds of the number that had been destroyed or rendered useless by accident or ordinary wear and tear ? Their ineffable folly would be universally ridiculed, and they would a n i7 t e t d t i hs l yibies replacedexactly w by the s ir G indignant .o .LEWl S shareholders. isi doing. Hi s argument as t o " the lowest amou n t to which th e currency might for anything, must be conclusive descend of at least 4,000,000/. to the issue su e fo onSecurities But he says that thetensif. good effect sr a n addition I,l ' of an ex,' ion of the limit would be merely to enable the Bank to keep so much less pld ! And why ? A ccording to the oracle—" the issues wout I not be increased, because they are already sufficient to meet th e wants of the trade of the country l" Aye, but that invclves the whole dispute. It is a regular petilio principii, a mere " begging of the question." We assert, nay, more, we have repeatedly proved, that it is currency, not capital, that is required. The difference between the rate of interest and of discount is conclusive on this point. The Right Hon. Baronet does not adduce a single argument in favour of his untenable positiou ; and yet he expects that his ipse dircit, which is not only with out proof, but withoat the shadow of foundation, will be accepted by the commercial and manufac turing population, who see their entire profits ab sorbed by the enormous rate of discount and going to swell the usurer's exorbitant gains. We have argued this question on the narrow basis selected by Sir G. C. LEWIS. We have met him with his own weapons, because whatever may be thought on the question of " convertibility" or " restriction" there can be no doubt or difficulty respecting these matters. The most earnest bul lionist—the most enthusiastic advocate of the principle of the Act of 1844—must acknowledge the utter futility of the arguments of the Chancel lor of the Exchequer respecting the amount of the fixed issue of the Bank of England. We have much to say respecting the dispensing power of the Government, and other fallacies put forward in his verbose and tedious address, but we must defer it to another opportunity ; neither time nor space will admit of further exposure this day. We called one morning on an eminent philoso pher lately deceased, when he told us that he had been trying, all the morning previously, whether it was possible for the human mind to shape to itself—should he say so of what could have no shape the conception of Nothing, of pure Nothing. Had he-survived to read the QuEE.Nes Speech this year, it might have aided his specu lations ; and not less—for our . friend took some interest in ecclesiastical questions—had he read the report of the meetings of Convocation. In pursuance of our duty to know about all things and tell our readers what we think of them, we have read the said reports ; but what must our report bet Why, that the proceedings all came to nothing—" yea, less than nothing, and vanity." Vanity, we presumptuously fancied too, in both the English senses of the word. The bigness, the display, the high-sounding phrase, the lofty titles and the low titles, the resolutions, and the amend ments of real business-doing assemblies—all were there ; but it was show only, empty show. Very great it may seem to Curates and little Rectors, and Yicars, and rural Deans deep down in the country ; surely such great titles, such solemn sentences, such business-like sounding resolutions, surely they must have some thing in them. But ao ; as CUR RAN said to the jury, when the Judge once shook his head at some remarks of the orator's—" Gentlemen, my Lord shakes his head ; but I can assure you there's nothing in it." And we must beg to assure the pale country clerics, and the single ladies who since forty have devoted themselves to "Sisterhoods of Mercy," to " Curates' Aid Societies," and to "Church Extension" generally, that portentous as these forms, and proceedings, and debates of the Upper House and lower House of Convocation, of Archbishops, Bishops, Prolo cutors, Chancellors, Proctors, Professors, and Archdeacons, Canons, dac., may seem—there really is nothing, nothing at all in them. In the Upper House the debates began where all must end—with the grave. The dignitaries thought it best thus to " apply their hearts unto wisdom." The burial service, so far from sufficing to bury all disputes, seems rather suited to create them amongst clergymen. When the Coroner had recorded a verdict of felo ds se, or when an unbap tised son of a Baptist, or when a person acommu nicate, or who ought to be excommunicate (ticklish point !) had left his corpse to be disposed of by his relatives and the clergymen, what was the clergyman to do ? He is the clergyman of a Law made church, the Law will sustain the legal rights of corpses that once were bodies living under its authority and protection. Must he et pose himself to actions at law—the said law being a very costly personage to deal with—or must he suffer judgment by default in his own Court of Conscience? SAMUEL, of Oxford, now that CEIRLES JAMES, of London, is cushioned on 6,000/. a year, will teach them how ti square the circle—nothing could be done, but let the anti-service-reading clergyman come to the bishop, said he—his dio cesan can shelter him, if he refuse to read by his advice. And "to this," as at another Council, " they all agreed." The anti.DENisoN decision was protestedagainsf, but it was informally done, and so that, though in the hands of HENRY of Exeter, also came to nothing. Church Rates were nibbled at, but nothing was done. Then came the long, the end less talk in the Lower House about the Discip line of the clergy 1 Discipline of the spiritual guides of the people discipline —of those who tell us every Sunday what we are to think, to say, to do, to be ; discipline—of men ordained by successors of the Apostles ; discipline —of those who have chosen the profession by special motion of Heavenly inspiration ; discipline, —the word grates on our ears like the works of discord. We poor laity need it we know, but surely our men in Holy Orders need no such profane treatment. We turn, however, to the discussion itself, and we find it resolves itself very much into questions of doctrines or ceremonies. What court shall be competent to settle theca for the Church. Now came forth propositions and counter propositions, resolutions and amendments, without end, till it again ended in nothing. " The effect—observes the reporter— of this note was to dispose of the original motion, and to terminate the discussion altogether, the tote, in fact, being that the thing was too difficult to be practically dealt with. Some of the brotherhood thought the Judicial Committee of Privy Council should remit the cases on every question of doc trine to a tribunal of bishops ; and reconsider it after having received their opinion. Others thought this might place the Judicial Committee in an awkward " fix," if it could not concur with the Right Rev. Fathers. Others again, that as questions of doctrine were only questions of the accordance of opinions with printed articles of faith, not of the truth of the doctrines, the legal gentlemen were the very men to settle that point. And so they agreed, and debated, and negatived amend ment after amendment till they negatived action altogether—and did nothing. This seems to have led on to a debate how Synods should be constructed. Church Synods ought to be the court of ultimate appeal ; and Church Synods ought to consist of elders as well as bishops—so the only Christian Synod mentioned in the New Testament was constituted, and therefore so ought our Synods to be The New Testament and Convocations ! We wish Convocation a happy issue of an appeal to the New Testament. But having got so far they must go farther ; others maintained that in the said New Testament Sy nods, laymen, " the brethren," were included, and ought to be now. No doubt of it ; and if they once go to the old es t b oo k o f prece d ents, 11L r . GLADSTONE will have as good a titl e t o vo t e i n 4 Synod a s hi s G race of CANTERBURY. We should like t o see this a fact, if Synods are to be ; but we presume Mr. GLADSTONE, and all statesmen, will take care that a State Chursh shalt not be a master of the State. It must not be forgotten by fiscal reformers that there are two perfectly distinct phases of the Income Tax !uestion, on which contests must take place, and that those who will on the former prove valuable auxiliaries will be their most strenuous and determined opponents in the next encounter. The people require not merely the reduction, but the revision of the tax. The assur ance has been given that the new firm of DISRAELI, GLADSTONE, and Co. will array themselves on the popular side in striking off the war 9d., or rather the war 11d., for, if the so-called compact of 1853 is to be adhered to, the charge will be but sd. in the pound for the financial year, com mencing on the sth April next. The Right Hon. Gentleman the Member for Buckinghamshire has already given notice that he will on the 17th inst. move two resolutions—lst, to express the opinion of the House that taxes which have been granted in time of war for the purpose of carrying on hos tilities, by way of Income Tax, should not be levied in time of profound peace ; 2dly, that the settlement of 1853 should in spirit be adhered to. Should these propositions be sanctioned by the House, Sir G. C. Duns must at once relinquish the war 1 ld., producing to the Exchequer no less, than eleven millions of pounds sterling. The union of the Derbyit& and Peelites, with the support which they will unquestionably receive from the independent members (unless satisfactory cause be shown to the contrary), must unques tionably leave the Government in a very decided minority, more particularly when the secession of their ordinary supporters is considered, men who could not venture to face their constituents after voting in favour of the "pettifogging quibble." All the exertions of the Right Hon. Whipper-ix will be inadequate to bring Hon. Gentlemen, who have a salutary dread of a speedy appeal to the country, t) the Ministerial lobby. Sir G. C. LEWIS then must either yield with a good grace, or make up his mind to bid a long adieu to the sweets of office. It is more than probable that he will propose a compromise—that he will give up L. portion of his spoil in order to be allowed to re tain the remainder, and that 6d., Bd., or even 9d., may be reluctantly surrendered, in order to avoid the still more unpleasiug alternative of im mediate resignation ! But nothing of the kind can be accepted- If the settlement of 1853 is to be adhered to it must be in its integrity. The war Acts must be unconditionally repealed from and after the sth of April next, and the act of 1853, which will then come into operation, only autho rises the levy of sd. in the pound, with further reductions, until the year 1860, when, according to the compact, it must for ever expire as a peace tax, and be only reserved for some great emer gencies, when every possible effort is required to vindicate the honour or to insure the safety of the country I That the Chancellor of the Exchequer may bond before the storm which he has himself evoked is more than probable. The remarkable change of tone and spirit in the leading journal, which appears to have some mysterious connection with the Financial Minister, or at all events to be cognisant of his views and opinions, indicates such a course. Forgetting the disin terested advice it so recently tendered of patience and submission to their irrevocable destiny, it now declares that " the British people have wisely determined to be rid of this most grievous tax. To get rid of the war 9d. (11d. 1) now, and the other 7d. as soon as possible, is the ruling desire of all classes, from peers to the pettiest trades men ;" and ib now counsels that the Chancellor of the Exchequer shall be allowed t) concentrate his energies on this one achievement, and then prepare for our complete relief in 1860. This, however, as we recently declared respect ing another very different recommendation pro ceeding from the same quarter, is rather au echo from Downing-street than an original oracle from Printing-house-square. It does not express the wishes of the people, who have no desire to enter on a retrograde policy, or to abandon the fruits of the glorious victory which they obtained in 1846 by indefatigable labour and unflinching de termination. Their objection is not to the In come Tax itself, but to its very unfair and un equal apportionment. They still feel that a judiciously apportioned Property Tax would be the best and the most equitable impost that could be devised ; and they are well aware that if that source of revenue be abandoned there will be an end to all hope of further remissions. The taxes on knowledge and on prudence must be retained ; there can be no further reductions in Customs or Excise duties; the glorious principles of Free Trade or unrestricted competition can never be fully or fairly developed. A Property Tax is the only charge that can be levied on absentees, men who draw their resources from this country to expend them in other lands, and who obtain protection for their properties at the expense of the indus trious classes, and who whocanuot sit down untaxed meal,at least to a single soper paycent. more than ever finds its way into the National Exchequer. There is but one course for Sir Cr_ C. LEWIS, and if he be wise he will adopt it forthwith. Let him at once abandon the ungracious reserve which ho has too long maintained, and which has stimulated the national excitement to such a pitch thc.t he has been rendered wholly incapable of stemming the torrent. He should, in the first in stance, entirely repudiate the " pettifogging quib ble 1" Let the Income Tax Acts of 1854 and 1855 be unconditionally repealed from the sth April. " The slight convenient intrenchment in the distance" must be wholly dismantled. If it would be "cow ar dl y an d illiberal" to retire be hind it, and we agree with the Times that it would be both one and other, it is equally so to retain it "for the purpose of pointing to and producing an impression on the enemy." He may then fairly appeal to Parliament for the Ways and Means of meeting the national expen diture. The appeal, if properly and judiciously made, will be liberally responded to. He well knows that he does net intend to give up the Income Tax as a source of reven ue . He cannot d o so . Even if he possessed th e w ill , he would not have the power. But if h e retains i t even f or a single year in its prese n t f orm he w ill h ave a much more difficult task before him. This was the course lung since advocated by The Sun, and which will be proposed by Mr. DISRAELI I Besides, as Major REED truly declared, " even if the Government should give up the war 91 the Rork of the fiscal reformers would onl y be begun. They w ou ld regar d t h e co ncession as an instalment of wh a t they would have to exp ect from further agitation." Th ey w ilt not endu re the gross and opp ress i ve i nequal i ty of the burd en ; ncr can it eve r aga i n be impose d i n its present shape, no matt er b ow great t h e e mer& 3 ;ency. I toI i•',as well t , therefore, no ao reapportion it, • s have it ready f or use at a momen t's notice. Thi is the second ph ase of the que stions in Which fisca l reformers, in common with the great body of the FEBRUARY 9, 1857. People, must anticipate the strenuous opposition from Messrs. DISR A ELI and GLADSTONE, and the united parties of Derbyites and Aberdeenites. It would, indeed, be a trump card for Lord PALMER STON to take the lead in the popular movement, and to insure the energetic support of the inde pendent members, by removing the grievance of which they so loudly and justly complain. It, was in the vain hope of securing the support, perhaps the co-operation, of Mr. GLADSTONE that the much-required change was resisted. That slippery statesman has, however, deserted their standard, and donned the colours of their oppo, nent, who had paid a heavy price for the doubt ful gain. Let Lord PALMERSTON then occupy the position which Mr. DISRAELI has abandoned. Let justice to the industrious classes be his motto, and he will be placed in the proudest position ever attained by an English Minister, and insure a prolonged tenure of office, from which it will be impossible to evict him. No matter how fierce the resentment of those who refuse to recognise, for fiscal purposes, the distinction between pre carious profits and permament income. LATEST NE NS. A private letter from Athens, dated the 28th of Jan., mentions that the protecting Powers had made certain propositions to King Othc relative to his finances, and which have been accepted by his Majesty ; that the Powers further required that the King should change his Ministers and appoint others more disposed towards the Western Governments, and that the King has consented to that arrangement, but on condition that the foreign troops shall first evacuate the Pincus. The following private telegraphic despatch has been received : MARSEILLES, Fin. 7. " The Mersey has arrived from Constantinople, with the mails of the 29th ult. " A despatch from Vienna has been addressed to the Ottoman Porte, announcing that Moldavia and Wallachia will be evacuated by the Austrian troops before the 24th March. The Turkish troops are not to cross the Danube before the de parture of the Austrians. " The union of the Principalities gains ground : it will be approved by the majority of the Moldo- Wallachian Divans. The Ottoman Porte at pre sent confines itself to the rejection of the nomina tion of a foreign Prince to govern the united provinces. The Porte is about to take possession of the delta formed by the mouths of the Danube. The Porte, considering as illegal the sentence of exile pronounced by the Hospodars, permits the exiled to return to the Moldo-Wallachian terri tory, their country. "The brother of the Khan of Khiva has offered his alliance to the Shah of Persia. " Great embankments are projected on the Euphrates. The plan has been sent to London. The Arabs are troublesome in that country." FRANCE. A subject is now before the Council of State re lative to capitulations accepted by general officers in command before the enemy. The questi.in is, whether there are any and what are the circum stances in which a general can accept such capitula tions, or whether tie ought not to hold out to the last 1 General Niel adopted the affirmative, and supported his views with, its is said, an eloquence that took every one by surprise, and which re minded the hearers of General Foy. Gen. Chesney, who arrived at Marseilles by one of the last boats from Constantinopl., had an audience of the Emperor Napoleon on Friday. The conversation turned principally on the Euphrates Railway. Gen. Chesney has since left for London. BOURSE, Feb. 7.—The following were the last quotations : east], fr. c. End of Month. 4i per Cents 3 per Cents 6B 68 5 New Loan - Bank Shares — Roman Credit Mobilier 1,338 75 Aus'aian 89 Belgian Fives ...... .. Spanish Threes _ Piedraoutese (5) — -- Home Debt RAILWAYS—FOB CABS• f-. c. f r c Orleans 1,360 Western Northern 922 50 Strasburg Lyons 1,360 New Ditto Mediterranean 1,725 Grand Central Lyons Genova Cette - AUSTRIA. VIENNA, Feb. 6.—The article in the Monitettr of the 4th relative to the future organisation of the Danubian Principalifes has produced a very un pleasant impression here. The Vienna Prose of this morning observes that the recent policy of France in the Eastern question cannot excite astonishment, if it is considered that Count Morny is to pass the whole winter at St. Petersburg, and the Grand Duke Constantine to visit the Emperor Napoleon in the spring. The most remarkable passage in the article in questio* is the following : " The mask has now been laid aside, and the question of the Principalities is to be made an affair of the highest importance. The declaration of the IVloniteur will give fresh vigour and courage to Russia, for the Union of the Danubian Princi palities will be the first great step towards the breaking up of Turkey,—it will be a positive en - croachtnent on the sovereign rights of the Sultan, and au act of hostility towards the Powers which closed up the land and sea routes from Russia to Constantinople." Perfectly authentic information bas been acquired that some time before his Majesty went to Italy , the King of Naples was strongly urged by this Go- Ternment to make some concessions to popular opinion, "as the Emperor was about to grant a general amnesty to the political offenders in the Lombardo-Venetian kingdom" There is reason to believe that the ungracious Neapolitan did not even thank the Austrians for their well-meant counsel. LITERATURE. Eastern Hospitals and English Nurses. By • Lady Volunteer. Third Edition, revised. 1 vol. Hurst and Blackett. The third edition of this interesting work has now appeared in a cheap and commodious form. The subject is one which still maintains its interest, both from the recollection of the services and sacri fices that were rendered by Miss Nightingale and her hand, and from its practical importance in regard to civil and military hospitals in time of peace. A proper and efficient system of nursing still remains to be established, and all who are inclined to consider this subject will find the experiences and suggestions of this author afford th , rn much practical knowledge. The bad conduct of many of the hired nurses at Scutari and Koulali corroborates her assertion, that nurses, whose only object or motive is the money they receive, are quite unfitted for attendance on the sick and suffering. The fact of a third edition being re quired is a sufficient testimony to the attractiveness of the work, and those who have not hitherto perused it will find the present edition possess many advantages. Sir Edwin Gilderoy. A Ballad. By Feltharn Burghley, author of Sonnets. John Chapman. This somewhat singular work is an imitation of the old ballad 4, so dear to all lovers of chivalry. The author has been very successful n preserving the spirit of those warlike ages, and his verses are occasionally very effective. The time selected is the favourite epoch for romancists and ballad singers, that of the third Crusade. Richard Coeur de Lion himself appears in it, and rewards the valour of the hero with the hand of his ladye-love. Sir Edwin Gilderoy is conspicuous in all true knightly qualities, and meets many characteristic adventures. He holds parley with a wizard, he is taken prisoner by pirates, he sets forth for the rescue of the lady Clotilda, who is held captive by an enemy, and, finally, by his prowess sets her free, and is created Earl of Eltham by King Richard. All who prize knightly deeds and chivalrous ad ventures will therefore be highly gratified with this metrical history, while readers of another class may be more interested by the introductory essay, which, strange to say, is considerably longer than the ballad itself. It takes a review of the rise and character of the minstrels and trouveres, and, while discussing the events of the third Crusade, takes ' the opportunity of defending Richard of the Lion heart from the accusations of Gibbon and some other historians. They have depreciated his abi lities, and brought against him the charge of ferocity and fierceness, forgetting that such were the faults of the age, and not of the individual warrior, who could scarcely be expected to rise altogether superior to them. The writer, though not pretending to emulate the old minstrels, appears to have a just appreciation of his own abilities and the merits of his poem. He is likewise disposed to comment, not in the most lenient spirit, on the follies of modern times. Nevertheless, the work will be likely to afford entertainment to the present gene ration of readers, even should it fail to realise its writer's expectations, and he remembered many years hence. LAW INTELLIGENCE.—(This Day.) JUDICIAL COMMITTEE •OF THE PRIVT COUNCIL. (Before the Lord Chancellor, the Archbishop of Canter bury, the Bishop of London, Lord Wensleydale, Sir J. Patteson, Sir W. H. Mania, and the Right Hon. P. Leigh.) LIDDELL V. WESTERTON, AND LIDDELL V. SEAL.-THI HAYMARKET THEATRE. A ❑ew comedy, in three acts, called "Double-faced People," was produced at this house on Saturday night, with more than ordinary success. There were rounds of applause, not only at the close of the piece, but at the end of every act. In answer to calls for " the au thor," Mr. Buckstone intimated that the drama was a " free translation from the French." It is an adapta tion to our stage of a piece called "Les Faux Bons- Hommes," which has been in great vogue at Paris dur ing the last season. The adaptation, by substituting London for Paris, and Eoglibh characters for French, has been cleverly executed. The plot of the piece consists of the endeavours of a speculating father, a member of the Stock Exchange, to get his two daughters " happily (i. C. " wealthily ") married. The play was put on the stage with completeness and elegance. The acting, in its ensemble, was quite satis factory. The principal character, Vacile, was performed by Chippendale ; Medley and Scrummel, the two artist friends, by W. Farren and Buckstone; Emily and Fanny, the two sisters, by Mrs. E. Fitz /villain and Mks Rey noLls ; Gloss by Compton, and Monybee by Rogers. The house was very fully and fashionably attended. ELECTION INTELLIGENCE. AYLESBURY. —The Attorney-General was returned to. day without opposition. GREENWICH —The nomination took place to-day. The polling commences to-morrow. Each candidate is con fi lent of success. SOUTHAMPTON.--As the election approaches the ex citement here is very great. Many tradesmen talk of closing their shops on Tuesday, and numbers of persons are coming from the neighbouring towns to witness the polling on that day. The immense number of unpledged voters renders it impossible to conjecture who will win. Each of the candidates has chosen colours. Mr. An drews' colours are blue and buff, Mr. Weguelin's blue, and Sir E. Butler's purple and red. NEWPORT, ISLE OF WIGHT.—A new writ was ordered to issue, at the first meeting of the adjourned Parliament, on Tuesday evening, for this borough, for the election of a member in the rqom of Mr. Wm. Biggs, who has ac cepted the Chiltern Hundreds. It was received on Wednesday morning, when the mayor, W. B. Mew, Esq., immediately fixed Monday (this day) for the nomi tion, and Tuesday for the polling day. The candidates are Messrs. Kinglake, Seeley, and Kennard. HEREFORD.—Mr. George Clive, youngest son of the late Mr. E. B. Clive, who for so many years represented Hereford ,in Parliament, is the only candidate now in the field. Mr. Clive is a liberal in politics, and in favour of the ballot. HERTFORD.—Tbe appointment of the Hon W. Cow. per to the Vice Presidency of the Committee of Privy Council on Education, renders a fresh election necessary. The writ arrived in town on Tuesday evening, and Monday (this day) is appointed for the election. Mr. Cowper canvassed the electors on Wednesday and Thursday, and, it is unnecessary to say, was well re ceived. It is not likely that there will be any opposi tion.—Bertford Mercury. The 17th anniversary of her Majesty's wedding-day will be celebrated at Windsor Castle to-morrow. Extensive preparations are being made at Buckingham Palace in anticipation of the arrival of the Court this week. According to present arrangements, her Majesty and the members of the Royal family will leave Windsor Castle on Thursday morning, and will proceed by special train to the Great Western station at Paddington, whence they will be conducted to Buckingham Palace. Her Majesty w►ll remain in town during the season. The members of the Cabinet present at the Court held at Windsor Castle, on Saturday, on their return to town proceeded to attend a Cabinet Council, held at the resi• dence of Viscount Palmerston, in Piccadilly. Lord Panmure, Lord Stanley of Alderley, Mr. Secretary La bouchere, and the Chancellor of the Exchequer were also present at the Council. Viscount Palmerston is, we regret to learn, confined to his residence by an attack of gout. The noble Premier was compelled, in consequence, to absent him stlf on Saturday from his official residence, in Downing street. Viscountess Palmerston commenced the hos• pitalities of the present season on Saturday evening by throwing open the saloons of Cambridge House for the reception of company. There was a very full attendance of visitors. The Marquis of Lansdowne entertained a small party at dinner, at Lansdowne House, on Saturday evening. His lordship also gave a dinner last evening to a few of the Cabinet Ministers. FOX CLUB —The first meeting of the Fox Club this season took place on Saturday evening., at Bruok,'B, when there were prevent—The Earl of Albemarle, Lord John Rus-ell, the Earl Fortescue, Lord James Stuart, the Earl of Ilchester, Viscount Falkland, Right Hon. Dr. Lushington, the Earl Grey, the Lord Cremorne, Mr. R. A. Shafto Adair, ➢I.P., the Hon. Charles Cle ments, &c. The Judges have fixed the follawing days for holding the Spring Home Circuit :—Hertfordshire, Feb. 28 ; Essex, March 4 ; Kent, March 9 ; Sussex, March 16 ; and Surrey, March 19. REMODELLING OF TIE WAR-OFFICE.—The arrange. ments connected with the organisation of the War-office are now completed, and the offices of Clerk of the Ord nance, Deputy Secretary-at-War, and Director-General of Army Clothing have been abolished. Dr. Sandwith, whose name is so well known to the public in connection with the siege of Kars, has been appointed Colonial Secretary of the Mauritius, in the room of Mr. C. J. Bayley, now Governor of the Bahamas. The jury who tried the unfortunate man Markham are about to memorialise the judges in his favour. Herepath's Journal states that the half-yearly dividend on the South-Eastern wilt be at the rate of 5 per cent. per annum. Mr. E. T. Smith, of Drury-lane Theatre, owing to the success of his pantomime, has made very valuable presents to Mr. R xby, Mr. Beverley, Mr. Blanchard (the author), Mr. Boleno, and Mr. Flexmore. At the meeting of the Marylebone Vestry, on Satur day, the poor rate was increased from 2s. to 2e. 3d. in the pound. Smith, the man charged with killing William ICieff near Peckham Rye, on Saturday, was again remanded from the Lambeth Police-court. A person of the name of Danger, who has until re cently carried on an extensive business at Bristol, has been committed for trial for obtaining some valuable securities by false pretences. DEATH OF REAR ADMIRAL JAMES HAY.—We regret to announce the death of Rear Admiral James Hay, which event took place at Belton House, East Lothian, on the 3d inst., in the 71st year of his age. THE LATE PRINCESS LIEVEN.—The body of the Princess Lieven has been embalmed and sent to Russia. She has ieft by her will an annuity of 8,000 francs to M. Guizot. This, considering his advanced age (68) is a very modest legacy, and it is reported that the family of the Princess propose to pay a substantial capital sum instead, so that M. Guiz,t'e family may be benefitted. It is most confidently said in some quarters that M. Guizut was privately married to the Princess. Lady Franklin has addressed and published a letter to Lord Palmerston, seeking to engage the sympathy of those in power in the despatch of an expedition iu search of the remains of the Franklin party. She endeavours to show that the proposed search may be made with slight hazard of life and very small cost, and observes : --"This final and exhausting search is ad I seek in be ha'f of the first and only martyrs to Arctic discovery in modern times, and it is all I ever intend to ask." Tux AMERICAN MAILS.—The British and North American Royal Mail steam ship Company's steamer Asia left the Mersey on Saturday for New York with the usual mails, 60 passengers, and a full cargo. THE VACANT GARTER.—The disposal of the garter, vacant by the decease of the Duke of Rut and, has already become a subject of discussion in ministerial circles The personal friends of the Dukes of New castle and Somerset are bringing all their influence to bear in the proper quarter to obtain this most noble decoration for the nobleman whose claims they espouse. THE CAPE Meas.—DARTM OUTH, Feb 6. The man ' steamship Harbinger, C apta i n Steward, left this pert this day at the appointed time, conveying the usual monthly mails to the C a p e o f Good Hope and dMauritius. She takes out a full cargo and 40 passengers. This ship cialed, shipped necessary stores and live stock, embarked he mails and passengers, and proceeded on her voyage within six hours. The accounts just received at Lloyd's, relative to the f iundering of the Anita steamer, state the calamity was caused by the vessel springing a leak on the 23rd of December. TEE POINT OF AIR LIFE 1301 T.---The subscriplios 4 of the sufferers by this melancholy accident bas i,— reach A of 5,8341, 9s. 10d. • CHINA. A letter from the Chinese seas, dated the 16th of December, and published in the Monitear de la N'lotte, gives some new details relative to the late affair at Canton, showing that the damage sustained by the foreign merchants was not as great as had been stated in the first accounts. It appears that of 13 quarters, of which Chy San-Hang, the residence of the Europeans, is composed, five have been de stroyed. It was said that of the 80 foreign factories and stores which existed at Canton, only nine, in cluding the British Consulate, escaped the confla gration—this, it states, is an error. Of the 80 esta blishments, 21 have been burnt down. This is a considerable loss no doubt, but it is much less than that reported. It appears that there existed at Canton a floating population of from 25 to 30,000 thieves and vagabonds—refugees from all parts of China. As soon as the English ships commenced their fire these men, taking advantage of the gene ral alarm, rushed in large bodies into the Chy San- Hang, and having first pillaged the European stores set fire to them. The British Admiral seeing what was going forward, brought two of his ships to bear on the pillagers and sent some shells among them, which caused them to fly. Unfortu nately the shot from the British ships increased the fire lighted by the vagabonds. The Captain of the French frigate Virginie sent a detachment of 150 men ou shore, with four light howitzers, to complete the discomfiture of the pillagers, who fled in every direction, leaving a number of their body dead in the streets. The French seamen were labouring indefati gably in extinguishing the fire, which they in a great measure accomplished. As to the Chinese town, it suffered horribly, as well by the fire of the English ships as by the native robbers. Of the 12 great factories belonging to the Hong merchants, and which were situate near the Tartar town, nine were destroyed by the first attack. The English mer chants interested in those establishments suffered considerably by that disaster. At the latest dates, the British Admiral, having occupied the Chinese military positions, had no more opposition to ex pect, but a new irruption of tile thieves and vaga bonds was apprehended. A great number of mer chants had emigrated to Shanghai, but the 500,000 inhabitants of Canton cannot so easily dispose of themselves. A letter from Tourane, in Cochin-China, of Nov. Bth, states that the Catinat, French frigate, bad been obliged to fire on the Cochin-Chinese. The Governor of Tourane had refused to receive a letter from the French Plenipotentiary, and had also for bidden the inhabitants to furnish any supplies to the Catinat, at the same time that he sent la rein forcement of troops to the forts which commanded the roadstead. The frigate opened a fire on these forts, and afterwards landed men and took possession of them, bringing 40 prisoners on board. This display of force brought the governor to his senses, as he sent word that the letter would be received and supplies furnished, and that the Government was ready to sign a t reaty with France. Two days after the Capricieuse frigate arrived, and the officers and crews were allowed to land and visit Tourane, where no E uropean h ad been for years permitted to enter. The F renc h Pl en i po t en ti a ry w as expeo ei to arrive th ere i n a f ew d ays to ne gotiate the treaty ITALY. The Pone has addressed a brief dated the 22d ult. to the Bishop of Tripoli, condoling with him on the murder of the Archbishop of Paris, his relative, "who," his Holiness declares, " was cruelly put to death by the sacrilegious band of an abominable priest." The Holy Fa ther declares that he felt "extreme affliction at the lamented event ;" that he has " the firm hope that the deceased prelate, freed from earthly things, has entered the heavenly king_ dom,"i and he pronounces a warm eulogium on him for his piety, zeal, and other virtues, and for his "special veneration" for the Pope himself and for the Holy See. The last accounts from the Indian Seas announce that tae King of the . Cores has just sp on t aneously opened the po rt s of his States to the commerce of all nations. KNIGHTSBRIDGE AND PIMLICO CASES. These cases came this morning before the Privy Coun cil in an appeal from the Court of Arches, the question in dispute being the use of crosses, stone altars, and decorations in the above two churches, the contentions respecting which have excited a great deal of publics at tention, and caused much scandal on the Church. Sir F. KELLY appealed for the appellant ; the Rev. Mr. Liddell addressed the Court i❑ support of the us• of the objectionable articles as being legal, and per mitted by the Church of England. The learned gentle man's line of argument was very similar to that used in the Arches Court, and with which the public ar• familiar. The learned counsel had not concluded when our dos patch left. COURT OF BANKRUPTCY. (Before Mr. Commissioner Goulburn.) The only case before the Court this morning was that of F. Wigney, a printer, at Brighton; Mr. Turner appeared for the assignee', and Mr. Chid ley for the bankrupt, and after a private examination thi bankrupt passed without opposition. SPORTING NOTES. IN WORK AGAIN. The sudden disappearance of the frost has roused al sporting men into activity. The Fox-hunter is again enabled to resume his exhilarating diversions, the lovers of the leash are again out with their long tails, trainers have commenced their work of preparation in earnest, and racing -men, who were becoming weary of the tedious interregnum, will enjoy three days good sport during the current week. A little-go meeting, which was postponed from Tuesday last, will take place at Westbury tomorrow, and the long postponed steeple chases, regulated by the good old system of Welter weights, will be run off at Oundle on Thursday and Friday. The probabilities have not yet attracted much :►ttention, and, indeed, it would be somewhat difficult to 5 .. ) • determine them. I shall, therefore, dismiss the events appointed for decision with the wish that the best horsed may win ; a wish that is seldom realised in these "de generate days" of steeplechasing. People have discovered that, after all, Mr. Tophani has made a good handicap for the Chester Cup. The scratching of the two top weights has caused the icr post to be increased 91bs., and this has effectually silenced the clamour which the lightness of the handicap raised. There is, however, a complete lull in the turf market. Backers of horses scarcely relish the raising of the weights, and they seem to fight shy. A formidable can' &date is likely to be furnished from Mr. T. Parr'e stable in Sir Colin, an animal that has been described to be as wonderfully good-looking and racing like. I "performed" twice only last season, and was beaten ea° time. The handicaps at Newmarket are sadly shorn of their fair proportions. The acceptances at Epson, Northampton, and York may be deemed numerically satisfactory. When the betting becomes settled I wil l endeavour to explain the movements in the market, and express my opinions on the probable result of the n3oBt important of the spring handicaps. I see that Mr. Dowson, a gentleman who was me n. ciated with Mr. Davies, "the Leviathan " some fe l( years ago, has announced his intention to execute con' missions. Now that persons who live in the country experience a difficulty in getting their money invested' Mr. Dowson is likely to obtain a large share of publie confidence, for his integrity on the turf, and the prompt' ness with which he has ever carried on his business, rel' der him a most trustworthy "commissioner." 1 " many persons have of late been trading ander false colour.' I have been induced to refer to Mr. Dowson to re mot e any doubts which might exist as to his identity. The Derby favourites have of late been unsteady' Both Blink Bonny and Loyola seem to have had a he a t night. By the way, amongst the many rumours aflos' is one to the effect that a certain Oaks mare, and a _ "clipper," too, is losing her sight, and that the diseae° was first discovered by her tendency to run out in c ertain of her races towards the end of the season. An extraort ,linary rumour is spread about regarding Saunterer. 1 . is said that his owner, Mr. Jackson, has signified I ' l4 intention of giving the Derby stakes to John Osbo rne ' provided he wins it—a promise calculated to prove.* great stimulus to his trainer to bring him to the pot in admirable condition ; while Dawson has a similar p ro ' raise if he can make the Sprig of Shillelagh perform tt je same feat at Epsom as Ellington did. A FRESH MAN' .11limn WESTBURY STEEPLECHASES. These steepiec {I .a SO will take place to-morrow (Tuesday), the 10th inet a p; The line of country selected consists, with the exceP tl° of one piece of stubble, of grass lands. The entire rou,o will be visible f rom t h e stand. The sport w ill comme n , e, at one o'clock. Th e express train, wh i c h l eaves .L'ad d ' vu. ton at 9.40, arrives at Westbury at 12.50. ()BINDLE STEEPLECHASES. - These steeplechase appointed to take place on Thursday and Friday the 12th and 13th i nstant. Th e fi rs t even t—the , r i l6 mere' Steepl ec h ase —i s fi xe d f or two o'cloak. The 9" txpress train is due at Oundle at 12.26. fIee' O UNDLE STEEPLECHASES.—See LONDON RAO' „l DICATOR of this day, 48 pages, price 6tl , or 7d. Po ßt Lor Chifn_ey's Tip. Also for 2,000 Guineas, Chester co , inetronolitan Handicap, Ike. Office, 1 Savoy-hill) s lhl°l steps, Strand, London. Norfolk Island is to be severed from the diocesg:e Taspania and to be annexed to that of Sydney, the Qeeen bei ng e mpowered, by a bill, to issue lett ers rote to that effect. . id Not withstanding the evacuation by the allies it is that an Anglo-French squadron will remain i t , t Pisa us. tiog An official despatch says the Russians ar e evacue the Station at Sulina, mouth of the Danube.