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

/ HER MAJESTY'S THEATRE.' JIILL[EN'S CONCERTS. TO-MORROW EVENING (THURSDAY), will be pro duced (for the first time) a New Grand Descriptive Composi tion, by M. Jullien, entitled THE INDIAN QUADRILLE, and GENERAL HAV ELOCK'S TRIUMPHAL MARCH, performed by M. Jullien's Orchestra, assisted by the drums and fifes of the Grenadier Guards, th e Coldstream Guards , and the Scots Fusilier Guards ; and a Grand Chorus, " Rule Britannia," and " God Save the Queen." Applications to be made at the Box-office of the Theatre. H ER MAJESTY'S THEATRE. JIILLIEN'S CONCERTS. MDLLE. JETTY TREFFZ TO-MORROW EVENING. -- ---- - Prices of Admission—Promenade, ls ; Upper Boxes, ls. ; Gallery, ls. ; Dress Circle, 2s. 6d. ; Private Boxes, 10s, 6d, and upwards. P rospec tuses, with full particulars, may be had at the Box. since of the Theatre ; of all the principal libraries ; and at Juin= and Co.'s, 214, Regent-street. HER MAJESTY'S THEATRE. —The GRAND BAL MASQUE, which will close M. Jullien's Nineteenth Season of Concerts (1857), will take place on MONDAY, Nov. 30. Applications to be made at the Box-office of the Theatre. T HEATRE ROYAL, HAYMARKET. Lessee—Mr. J. B. Buckstone. MIS EVENING, to commence at Seven o'clock. with a new Comedy, entitled AN UNEQUAL MATCH. Princi pal characters by Messrs. Buckstone, Compton, Chippendale, W. Farren, Miss Amy Sedgwick, Mrs. Buckingham White, as Mrs. E. Fitswilliam. After which, LEND ME FIVE SHILLINGS. To be followed by THE STAR OF ANDALUSIA. Orchestra Stalls (which may be retained the whole of the evening), 6s. each. (No charge for booking.) First Price. s. d. Second price. s. d Dress Boxes 5 0 Dress Boxes 3 0 Upper Boxes ... 0 Upper Boxes 2 0 Pit Tamer Gallery 1 0 Lower Gallery . 0 6 Upper Gallery 0 6No half-price to Upper Gallery. R OYAL PRINCESS'S THEATRE. Proprietor, Mr. Charles Kean. LAST WEEK BUT TWO OF THE TEMPEST. THIE EVENING, will be performed Skakspere's Play of THE TEMPEST. pfeeeded by LIVING TOO FAST. THEATRE ROYAL, ADELPHI. Lessee—Mr. Ben. Webster. THIS EVENING, will be performed the popular dr tom of THE GREEN BUSHES, in which Mr. Wright, Mr. Paul Bedford, and Madame Celeste will perform. After which, an original Apropos Sketch, entit:ed THE DRAPERY QUESTION ; or, Who's for India i Messrs. Wright, P. Bedford, C. Selby; Miss X. Wilton and Miss Mary Keeley. ROYAL LYCEUM THEATRE.—Lessee, Mr. Dillon.—Under the joint management of Miss LOUISA PYNE and Mr. W. HARRISON. THIS EVENING, will be pe.formed Balfe'e new opera, THE ROSE OF CA STILLE. Characters by Miss Louisa Pyne, Miss Susan Pyne, Miss Marian Prescott, Mr. Weiss, Mr. A. St. Albyn, Mr. G. Honey, Mr. Wallworth, and Mr. W. Harrison. Conductor, Mr. Alfred Mellon. To conclude with (6th time) a new Farce, entitled A PAIR OF PIGEONS. Mr. G. Honey and Miss Cuthbert. Private Boxes, £2 12s. 6d., £2 25., and £1 lls. 6d. ; titans, es. ; Dress Circle, Ss. ; Upper Boxes, 4s. • Pit, 25.; Gallery, ls.—The Box Office is now open daily, from 11 to 5, under the direction of Mr. Chatterton, jun. STRAND THEATRE.—THIS EVENING, will be performed THE GENTLEMAN OPPOSITE. After which, THE CRICKET ON THE HEARTH. John Peerybingle, Mr. Emery; Dot, Miss M. A. Victor; Bertha, Miss Herbert. To conclude with TAKE THAT GIRL AWAY. Mr. Tilbury, Mr. Leicester Buckingham, and Miss Herbert Commence at Seven. Stalls. 3s. ; Boxes, 25.; Pit, is.; Gallery 6d. ; Private Boxes, 1/. ls. ROYAL OLYMPIC THEATRE. Lessees, Messrs. Robion and Emden. THIS EVENING, will be performed the comedietta, en titled A. SUBTERFUGE. Mrs. Stirling, Mr. G. Vining, and Mr. 0 Murray. Followed by the new comedy, called LEADING STRINGS. Messrs. Addison, G. Vining, H. Wigan; Miss Marston and Mrs. Emden (late Miss Somers). After which, HEADS OR t'AILS. Messrs. Addison, G. Vining, H. Cooper ; Mrs. Stirling, Misses Wyndham and Swanborough. Commons at half-past Seven. ROYAL SURREY THEATRE. Lessees, Messrs. Shepherd and Crsswick. THIS EVENING, will be performed a new and powerful drama, entitled kIN 57. Messrs. Shepherd, Cres. wick, W. Smith. Vollaire, B. Potter, Widdicomb, Belmore, Tapping ; Miss M. Ebnrne, Miss Webster, Miss Chalmers, Miss Johnstone. After which, a new Petite Comedy, UP IN TfIR WORLD. Followed by OUR TRAYIATA., The Blighted One, Mr. Widdicomb, CANTERBURY HALL, Westmin3ter-roacl. OPEN EVERY EVENING.—The follow ng oompany of Vocalists are engaged for the performance of Selections from all the popular OPERAS, MADRIGALS, CHORUSES, GLEES, DUETS, drc., viz. :—Miss Russell, Mrs. Badsey, Madlle. Marietta, Mrs. Palmyra, %ries Bru nel, and Madame Marietta; Herr F. Jonghmans, Mr. Henshaw, R. Grover, T. Farrant, S. Tones, J. Barker, W. Melling, Senor Antonio. E. L. Hime, and 4r St. Aibyn; Messrs. S. Collins, W. 1. CriteMeld, and E. Mack ney. Pianoforte, Mr. Cecil Hicks; harmonium, Master Williams ; Director, Herr F. Jonghmans. Commence at seven o'clock precisely. Suppers, (Lc., ustil twelve o'clock. HIGH WATER AT LONDON BRIDGE. THIS DAY —Morn., 1 min. aft. 10—Even., 36 min aft.lo To-MOBBOW—Morn. 7 min. aft. 11—Even. 35 min. aft. 11 THE WEATHER—SUN OFFICE, NOVEISBEn 11. THERKOXETIII, IN TEI SHADE. 54—highest since noon yesterday. 48—lowest this morning and during the night. 51 —this day at noon. BARomrrzE. 30.73—the highest this year. WIND, S.E. ; light, with fine weather. rite *.) Vd% " „+„ \ 4,1"," LONDON, WEDNESDAY, NOY. 11, 1857. The anxiously looked for telegram has been received from India. The natio❑ was eagerly looking for tidings respecting the occupation of Dalhi and the relief of Lucknow. It was known that the chief seat of the rebellion had been cap tured, and that after a terrible conflict it had been occupied by British troops. But it was desirable to know the cost at which that triumph had been obtained, and whether it was really as complete as had been asserted. We now have full information respecting these important and interesting matters. Delhi was completely reoccupied on the 21st September, and the whole of the rebels—we shall not dignify them by calling them " the enemy "—expelled. The octogenarian and imbecile mock King had surrendered with his chief wife, and their lives had, for the time being, been spared. His chil dren, however, did not meet with similar leniency; two of his sons and a grandson, captured by Captain HODSON, about five miles from Delhi, were shot on the spot, and their bodies brought to the city and exposed at the police-office. This is as it should be. The senile Pretender may be more valuable as a cap ture, than if he had received the well merited punishment due to his atrocious crimes, while the extreme penalty inflicted on his issue will act as a striking example throughout the whole of India. Our victory was, however, dearly purchased. The gallant NuerroLsox had died of his wounds on the 21st September, and the nation will mourn for the departed hero, who had not survived to enjoy the honours that would unquestionably have been bestowed on him. With him we lost 61 officers and 1,178 men, killed and wounded, in the grand assault on the 14th September, being no less than one-third of the storming force t This is, indeed, a terrible proportion, greater, we believe, than could be paralleled in a ll similar transaction, and proving alike the tierce determination 'of the assailants and the reckless despair of the garrison. Two moveable columns had been despatched on the 23d in pursuit of the enemy, of whom they would, doubtless, be enabled to render a satisfactory account. Bat the great, the gloriouo, fact now an nounced is the relief of Lucknow ; the safety of its devoted and gallant garrison, and of the helpless fugitives that sought shelter within its walls. General HAVELCCK had accomplished this great desideratum. Having crossed the Ganges with 2.500 men on the 29th:of I September, he entered the Lucknow Presidency on the 25th, just as it was mined and ready to be blown up by the besiegers. It was just in " the nick of time," at the very crisis, which if neg lected, might have turned the national rejoicing into wailing. On the following day, the 26th, the enemy's entrenchments were stormed, and on the 29th a large part of the" city was taken, but General NEIL had fallen. That gal lant heart bad ceased to beat, and 450 killed and wounded, or nearly 20 per cent. of the troops engaged, attested the desperate character of the conflict. So far as public matters are concerned, we have but little to wish for, Delhi is our own. The spurious Emperor a prisoner, and his sons and grandsons executed convicts Lucknow is relieved. Our countrymen and countrywomen safe. The neck of the rebellion is broken, Everything is now smooth and the prowess and resolution of Great Britain have been exhibited in the strongest and clearest light, so that disaffected subjects and envious strangers will alike shun conflict, in which they must be worsted. The reinforcements despatched have not yet arrived, but it is the more satisfactory to find that India could be re-conquered and re-organised even with the forces which were on the spot at the out break of the insurrection. Ten per cent. on first class paper—and fifteen, twenty, or thirty, on that which is less fashion able, although not less safe, is, according to the Times, a very tolerable state of affairs to which our merchants and manufacturers should conform, with all convenient speed. It may be disagree able, but they must learn to bear it patiently, and be well contented if they can obtain money on any terms, however exorbitant. The sufferers, how ever, may think differently. They will not be satisfied to act as the mere receivers for a gang of heartless usurers, who have no care for their interests or any feeling but to screw the last penny out of their victims. Men, however, will not become voluntary slaves. They will not devote all their energies for the exclusive use of unconscionable taskmasters. The labourer is worthy of his hire, and when that hire is withheld, and he is reduced to virtual bondage he will naturally resist the unfair imposition. The monsyocracy have gone too far. In place of being contented with a fair share of the profits, they grasp at all, and may lose the substance in the attempt to obtain the shadow. It is impossible that the struggling traders or manufacturers can endure the overwhelming burden to which they are subjected. They must perceive that all their efforts are fruitless. That nothing can abate the rapacity of the vampyre tribe that are preying on their vitals. They are literally forced into a contest that must be one of life or death. It is not even alleged that they are in any way culpable. " Never was the trade and commerce of the country in a sounder position," so we have been told tisque ad nauseam by the bullionist organs. We have had an abundant harvest. Every domestic matter has been favourable, but through our absurd regulations we are starving in the midst of plenty. We must still go on gold, although it has bean proved to be inadequate to the wants and exigencies of the nation. But, like the Spanish monarch who was nearly roasted because the proper officer by whom his chair should be moved was not in attendance, we submit to the most serious evils rather than violate routine. Surely it is time that we should establish a better system than that which has pre-eminently failed in every emergency. We earnestly invite the attention of all classes to two letters, which will be found in another part of this day's impression. The first is from that faithful, consistent, and indefatigable currency reformer, Mr. HAMER STANSFELD, who has never ceased, through good report and through evil report, to impress the great truths of mone tary science. Ile feels, as we do, that " a panic was absolutely necessary to open the eyes of the nation to the absurdity of our monetary laws." Nothing else can arouse the people from their lethargy, or awaken them to a sense of their situations. Let the panic they proceed. It is the only efficient re medy for the existing state of affairs, which will otherwise be indefinitely protracted. As Mr. STANSFELD declares, we can safely spare the gold the Americans require at the present crisis. We should help one another, and it is our interest to do so in favour of our best customer for manufac tures, and most extensive supplier of the raw material. If they cannot take our goods, " What will become of our work-people &ming the coming winter 1" The other communication to which we have alluded is from an esteemed fellow-labourer in journalism. The Editor of the Belfast Mercantile Journal, is a gentleman whose very name carries with it con siderable weight in Ireland, and deservedly so, for he has never failed in the discharge of his arduous and important duties. He has put for ward anew feature is the transactioc, showing that the increase and discount since the Ist of Oct., or about six weeks, is equivalent to an additional irn postof 20,000,000/. sterling, far more than the war income tax. Nor does it fall on the territorial aristocracy or officeholders. It is for the exclr• sive use of schedule D—for those who earn their daily bread by their own daily labour. The opinions of The Belfast Mercantile Journal are so completely those which we have unceasingly ad vocated, that we require but little inducement to press them on the community. It is " confidencb" that is wanting. Confidence that the merchant can obtain cash for his bona fide bill, when ever he may require accommodation. The Bank Charter Act, however, shows him that this is impossible. It creates a panic, because it teaches every one the necessity of making timely provision for contingent wants before the banks have given the screw an additional turn, or th• increased rate of discount enhances the cost of 1 , the operation. The remedy is obvious. It is an issue of small notes for 11., 21., and 31., such as we have always advocated notes receivable in payment of taxation, and, consequently, at all times acceptable to the tax-paying community. Even if redeemable in bullion, or, to use the cant phrase, "convertible on demand," they would economise the use of specie. To be really use f u l they should be made legal tender," and then the precious metals would bring their value. W e could obtain them whenever they were really re quired for adj.isting foreign balances, and that is all for which they could really be wanting. The sooner, they, the Government intervention takes place the better. It is inevitable ; and every day's delay will only increase the difficulty of the operation. THE 'MN, LONDON, WEDNESDAY" EVENIING 3 I TNOAVEMBEW 11, THE CITY OF GLASGOW BA.LYK. (BY ELECTRIC TELEGRAPH.) GLASGOW, WEDNESDAY, 10•45 A.M. The City of Glasgow Bank has just closed its doors. Lord acd Lady Lyndhur t and the Ron, Miss Cop ey have taken up their residence at Trirville park, 11 , 1. kr4, for the The noto'c and learned lord col.tinues to enjly excellent health, although in his 86,b year. ST. JAMES'S THEATRE.-OPERA BUFFA. The opera buffs season, under the direction of Signor Ronzani, commenced last evening at this theatre, with every prospect of perfect success. The opera chosen for representation was entitled " Colamella," the plot of which is as follows :—Two brothers, Albert and Aurelio, are in love with Elise. Albert's love is con cealed. Aurelio declares himself, and is accepted by Elisa. Business calls Aurelio away. In his absence the brother, by a forged letter, induces Elisa to believe that Aurelio is false to her, and after some persuasion she consents to accept him for her husband. The nuptials are about to take place when Aurelio returns, and grief at Elisa's falsehoo,l drives him mad. He is confined in a lunatic asylum, and, after a time, makes his escape and wanders about the country. Albert, conscience-stricken, discloses the truth to Elisa, so that, when Aurelio is discovered and is restored to reason, the lovers are made happy- Columella is servant to Aurelio, and the principal mirth of the piece consists in a scene at the mad-house, where Columella, in search of his master, is surrounded by the insane inmates, who play him all sorts of tricks. but the idea of a madhouse deprives the scene of much of its humour. The fun appertaining to the part of Co1111)3811a ia hardly to be described in words ; and we would, therefore, advise all who desire to appreciate the comic capabilities of the " Buff) Napolitano nella Mae chera del Pulcinello," to see and judge for themselves. Signor Colombo waz loudly applauded ;for his fine sing. ing in Mercadante's romanza, in which he displayed much tenderness and passion ; and Mademoiselle Fame gali brought down the curtain with eclat in the rondo finale. The band and chorus are bath efficient, and the con ductor, Signor Aiberto Randegger, is an accomplished master of the baton. The interior of the theatre has been newly cleaned and painted, and great improve ment has been effected in the lighting of the chandelier. The house was crowded in every part, and nearly all the rank and fashion of London were present. A Cabinet Cnincil was held yesterday afternoon at the officiil residence of the First Lord of the Treasury, in Downing -street. The Ministers present were—Vis count Palmerston, the Lord Chancellor, Eirl Granvi:le, Earl of Harruwby, Sir George Gray, Earl of Clarendon, Mr. Secretary Labouchere, Lord Pantnure, the Chan cellor of the Exchequer, Sir Charles Wood, the Right Hon. R. Vernon Smith, Lord Stanley of Al lerley, the Right Hon. M. T. Baines, and the Duke of Argyll. DEATH OF THE DI7CMI3S OF NEMOURS.—WINDSOR, Tuesday.—Her Majesty received intelligence to-day •- the sudden death of the Duchess of Nemours, first cousin of her Majssty and his Royal Highness the Prince Consort. Shortly afterwards the Bone Consort, at tended to Captain the Hon. D. Dc Roe, went to Clare mont pay a visit of condolence. The Countess de Persigny left Albert Gate House, yesterday afternoon, for St. Leonard's-on-Sea. Hie Ex cellency will join the countess this afternoon. The Dachamg of Inverness will entertain the Duchess of Cambridge and the Princess Mary, the Duke of Cam bridge, and a select circle at dinner to-morrow evening, at her apartments in Kensington Palace. The Duke awl Duchess of Wellington are expected in town to-day, from Strathfiel lsaye. The Marquis of Lansdowne, accompanied by the Countess of Shelburne, return to town to-fay, from Bawood. Maria Marchioness of Ailesbury bas left Claridge's Hotel for Dean Park, the seat of the Earl of Cardigan, in Northamptonshire, The Countess of Jersey and Lady Cementina Villiers left Middleton Park, near Bicester, yesterday, to j 'in the circle visiting the Earl of Cardigan, at Dean Park, Northamptonshire. The Countess of Powis and the Ladies Herbert, and the Esrl of Powis, are passing the season at Walcot Hill' Salop, surrounded by a select circle. The Earl of St. Germans is staying on a visit with the Ladies Cornwallis, at Linton Abbey. His lord• ship is expected in town early n'xt week. The Earl of Euston arrived in town a few days since, from Euston Hall, Norfolk. The Countess Brownlow, C.unt and Lady Cecil de le Feld, Lord and Lady Wilbughby d'Eresby, Lord and Lady Barberton, and Mr. and Mrs. Palk are amongst the fashionables wintering at Torq uay Lord and Lady Southampton have arrived at the Clarendon Hotel, from St. Leonard'e-3n-Sea. Lord Stanley of Alderley return'ed to town yesterday, from Alderley Park. Lord and Lady William Powlett passed through Lon don a few dap since, ea route to Downham Hall, Suff,lk. Sir Chas. Woo 3 arrived in London on Monday, from his seat, Hickleton Hall, The Hon. Mr. aad Mrs. Sydney Fierrepont have ar rived at Clari , !ge'e Hotel, from Evenley Hall, near Bra oklay. The Right Hon. C. T. Vityncourt passed through, town last week on his way to Bayou's Manor, Lincoln - I - shire, from hie seat in France. Alter a long sejour on the continent, Mrs. and Miss Kincaid Lennox have been on a fortnight's visit to Lord and Lady Stamford, at Bradgate Park. DEATH OF MAJOR GENERAL WILLIAM ROGERS.—This gallant officer died on Friday at Highfield. He was youngest son of the late Sir Frederick Ragers. Bart. The gallant olLer entered the army in June, 1802, and was for many years in the Qleea's Rays, until his retire ment on half-pay in 1326. His commi,ision4 bore date as follows :—Cornet, 24. h June, 1802 ; lieutenant, 20th Fab., 1806 ; captain, 4.h March, 1813 ; major, 23d June, 1325 ; lieutenant colonel, 25.12 Sept., 1825 ; cols rel. 231 Nov, 1841 ; and major-general, 11th Nov., 1851. MR. TOWNSSND, M.P.—A public dinner will be given this evening, at Greenwich, to celBbrate the return of the above gentleman to Parliament. FALMG IN OP AN IRONSTONR MINR.—An ironstone mine at Beckhole, GJathlaud, near Whitby, fel in during Saturday night. The loss is estimated at 2,000/. No personal injury was stwained. Lieut. Peter Smith Manico (1814) died on the gzh instant, at his residence, St. John's Lodge, Brighton, in the 69th year of his age. He ent -red the navy March 26, 1806, en board the Ocean, Lord Collingwood's flag shii, in the Mediterrane tn. TDB BRAMS —LIVERPOOL, Teesclay.—The follow ing telegram wai received this morning by Mr. Court, of the Under Nriters'-rooms :—" Lisbon, November 10 —The Royal Mail steamship Teviot has arrived with the mails from the Brazils. At Rio the coffee market was without alteration ; exchange, 27i. At Bahia sugar had fallen 500 reis ; exchange, 27i. At Pernam buco no alteration in cotton ; exchange, 27i. The Lady Westmoreland, fur London, was at Rio leaky, discharg ing ; the Nipisiquet, of Liverpool, at the same port. The Era, the Ilermine, and the Z3ika were at Panani bnco." EDWARD CAPSRN, THE POSTMAN PORT.—We aro in formal that Lerd Palruereton has, eu the soliceation of Miss Burdett Cong., given a superannuation pension of 401. per annum t) Eli:ward Carrie the postman poet, of Bideford, in North Devon. For years past Mr. C3pere has walked some 21 miles on each of the 7 days of the week for a salary of half a guinea per week, and has in the intervals of delivering letters threw') together some of the best descriptive poetry of the day. EMBEZZLING FIFTEEN THOUSAND POUNDS.—Last night information was reoaived at the Metropolitan Police-office, Whitehall, that a man named Will , am Jackson Wright was charged with erethezzlng from his naastsr, Mr. Thomas Purton Chaseereau, of No. 13, Finsbury-place, City, the turn of 15,0001., received on account of his employer. The accused is described as being 36 years of age, 5 feet 7 inches high, has light brown hair and whiskers, the latter meeting under his neck. He is supposed to be staying at some hotel, or house of refreshment in the neighbourhood of the Waterloo-road terminus of the L indon and South- Western Railway, and it is believed that he will endea vour to make his way to some seaport town, as he was last seen making inquiries at Southampton, he having just arrived from Operto, Portugal. It is expected that a very handsome reward will be effered fur the appre heneien of the guilty person. INVERNESS AND ABERDEEN JUNCTION We learn from the report of the directors that the works of the line are making very satisfactory progre.s, and that the viaduct across the Nairn is nearly completed. The foundations of the most important piers I 1 the River Finhorn have been secured on the soe.l rock, and the Spey viaduct is far advanced. A cmsiderable por tion of the permanent way has been laid, and the land arrangements have been completed on terms satisfac tory to the directors. The capital receipt to the 30th September last R ae 207,4781., and the expenditure, 195,9031., giving a balance of 11,5721. SHOCKING ACCIDENT.—On Monday Mr. Hodgson, the county coroner, and a respectable jury held an in quiry at Rimpton, Somerset, into the circumstances attending the deaths of George Cox, aged 20 ; Silas Tuck, aged 46 ; and Henry Pardy, aged 23, who met their deaths in a rather peculiar manner, the two latter in a generous endeavour to save the life of the former. It appeared that Mr. Cu; the father of the first-named deceased, carried on an extensive business as a dairyman in this place, and had constructed on his premises a large tank or reservoir for the purpose of the reception of whey, which was conveyed by a wooden shoot to the feeding troughs of the pigs, of which animals be kept considerable number. It being necessary that this tank should he cleaned it was emptied of its contents, and G. Coe, the son of the proprietor, descended for that purpose. When at the bottom of the ladder he was observed to stagger and lost his footing. Tuck then hastened to his aseiyterice nn I appeared to sutler 'in a similar reansier. Henry Partly iminediat , ly ent to their relief and was overcome by the same infinence that had attacked hie two eel°, tunate companions. Another person on the spot generously vo lunteered to descend into the tank to ascertain if possible the cause why the three met had not ascended or re sponded to the inquiries that had been made of them. He proceeded nearly to the foot of the ladder, when he expel ienced a difficulty of breathing and hastily returned to the top, and thus his life was saved. The cause teen became apparent Zo the byetandere, and their Furmires that the three unfortunate persons had been destroyed by the fumes of carbonic acid gas proved to b 3 correct. After the proper precautions had been taken to prevent any further accident the bodies were taken out of the tank, and medical assistance having in the naeareime been procured, upon examination life was found fo be quite extinct. Tue above facts having been disclosed by ttes .-xeeeieation of the witnesses a verdict iu aecotdaece with the evideuce was returned. LATEST NEWS. THE OVERLAND MAIL. DEATH OF GENERALS NEIL AND NICHOLSON. RELIEF OF LUCKNOW. The following telegram was received, through the Admiralty, at the Foreign Office, this morn ing (Wednesday), at 8.45 a.m.:— The Pottinger arrived at Suez on tho 2d inst., having left Bombay on the 18th ult. Delhi, which fell into our hands on the 20th September, was entirely re-occupied on the 21st, and the whole of the enemy expelled. In the assault of the 14th, 61 officers and 1,178 men, being one-third of the storming force, were killed and wounded. General Nicholson had died of his wounds oa the 21st. The old King, said to be 90 years of age, sur rendered to Captain Hodson and his cavalry, about 15 miles south of Delhi. He was accom: panied by his chief wife : their lives were spared. Two of his sons, and a grandson, also captured by Captain Hodson about five miles from Delhi, were shot on the spot, and their bodies brought to the city and exposed at the police-office. Two moveable columns were despatched from Delhi on the 23d, in pursuit of the enemy. By accounts from Agra, one column appears to have reached the neighbourhood of Allyghur, and the other that of Matra, on the 26th of September. General Havelock, with 2,500 men, crossed the Ganges from Cawnpore on the 19th of Sep tember, and relieved Luckaow Residency on the 25th, just as it was mined, and ready to be blown up by its besiegers. On the 26th, the enemy's entrenchments were stormed ; and on the 29th, a large part of the city was taken ; 450 kilted and wounded; Genq ral Neil killed. There has been a slight rising of the rebels near Nassick, in the Bombay Presidency, in the suppression of which Lieutenant Henry', of the Ahmederagger Police, was killed. Madras troops defeated the mutineers of the 52d near Kemp lee, and killed 150. A native of Blear and a sepoy, having been convicted of treason, were blown away from the guns at Bombay on the 15th October. Predatory tribes in the Punjaub, between Mooltan and Lahore, have given some trouble lately, bat the disturbance appears to have been suppressed. The Eraeu arrived , at Suez from Australia on the 3d instant, having been on shore near Aden. The Hindostan arrived at Suez from Calcutta this morning with Calcutta dates of 9th October, Madras, 14th Oct., and Gs Oat. News via Bombay confirmed. This intelligence receiied from Acting Consul-General Green At Aleyiansf F ia sth November, 1837, for the Earl of Clarendoil. Consul CRAIG. Cagliari, Nov. 10, 10.30 p.m. LYONS, Admiral and Commander-in-Chief. EAST INDIA COMPANY'S DESPATCH. We have received the following from the East India Board : ALEXANDRIA, Nov. 5, 1857. Delhi was entirely in our , possession on. :the 20th of September. The King and Queen captured on 21st . by Lieut. Hodson. Two of the King's sons were killed. No official account has yet been received, but our loss is much greater than was at first supposed. The mutineers have gone towards Rehilctind and Muttra, and some to Oude, being followed up by our troops. Mr. Greathed, Commissioner of Delhi, died, on the 19th of September, of cholera, and General Nicholson on the 23d of wounds received in the assault. Lucknow relieved September 25 ; particulars not known. Our loss was severe : about 500 killed and wounded. General NeiL amongst the killed. Tits relief just in time ; the enemy hav ing advanced their mines, which would have placed the garrison at their mercy.' Advanced guard of the Madras columns defeated the mutineers of the 52d B3ngal Infantry, near Jubbulpore, on the 25th, killing abut 150. The Mahn country is in a disturbed state. Bhopa war has been burnt. Dhar, Amjheera, and Mundesar are disaffected. Forces are moving bwards Mhovr.. All is quiet in Scinde, but the state of the frontier is not satisfactory. General Jacob proceeds immediately to Scinde. There has been an outbreak of Bheels in ---•, and a plot diScovered at Bombay. The Deccan and Southern Mahratta States all quiet, as also the Nizam's country and Madras Presidency. Cagliari, Nov. 10, 10.45. RISE IN THE RATE OF DISCOUNT. PARIS, WEDNRSDA.Y MORNING. The Monit eur p u bli s hes a notification from the Emperor, fo un d e d u pon an address from the Minister of Fin ance , i n which he says that he sees with p:iiu cre dit imperilled, chimerical fears propagated, and delusive remedies proposed for for an imaginary evil. The law permitting th e Bank to raise discount must suffice to keep bul lion in better condition than last year. His Ma jesty requests the minister formally to contradict the rumours ascribed to Government. The Bank has raised the rate of discount to 8 per cent, for bills under 30 days, 9 per cent. under 60 days, and 10 per cent. under 90 days. FRANCE. PARES, TUESDAY EVENING. The Ernperar and E‘opress ara expected to re turn to Paris about the 17th. The following telegraphic despatches have been received " - MARSEILL ES , Nov. J.—At Alexandria, on the 29th, the telegraph at Suez had not signalised the India mail. Prince Halim has been appointed to receive Prince Napoleon at Alexandria, in case his Imperial Highness should persist in the intention of going to the Eist, as was some time back an nounced." " MADRID, Nov. o.—The Duke and. Duehes3 of Montpenpier have arrived here to•day." BOURSE, Nov. 10.—There Ms been great firm mss in the market, in consequence of an announce ment that a measuro would be taken to-morrow to give a check to the exports of bullion, so as to main tain the rate of discount at 7 per cent. The market continued firm to the close, when the fol lowing were th© last quotations End of Month. —fr. ----I. 67 Cash. tr. 6 per Cents per Cents 66 85 Bank Shame 2970 Credit FOineier. Credit Mobiliar 7BO Roman 512 i - 86i Do. Account 775 -- Austrian 3elgian 4.. (xd)...... 06.; Spanish Threes Fiedmontese (5) 9O Homo Debt RAILWAYS-FOR CABS. tr. c• fr c. Orleans . 1273 Midi Northern - - Western New Ditto Lyons and Med Bl o r— Grand Central - New Ditto... Geneva DENMARK. Tho document by which Prussia and Austria have referred the question of the Duchies to the Germanic Diet, after summing up the anterior phases of the affair, concludes as follows :—" The Courts of Berlin and of Vienna had hoped that, by confidential negotiations with Denmark, the affair might have been brought to such a point that the question could have been submitted to the Diet in a manner satisfactory to all parties. They still persist in hoping that the Danish Government will endeavour to do justice to the complaints of the Duchies, but in the meantime they have not con sidered themselves authorised to allow the nego tiations to remain for an indefinite time in an unde cided state, without laying the matter before the Germanic Confederation, in order that a collective resolution might be come to on the subject." RUSSIA. A letter from Moscow of the 30th ult, says : " A conflict of some gravity has arisen between the students of the university and the police. Some students, having had a dispute with a woman who keeps a house of ill fame, ,threatened to go to her house the next night with some of their comrades, and punish her for her insllenee. She informed the police, and they sent an officer to be on the watch. It so happened that a student, living opposite the woman, had a party of his fellow students at his rooms in the evening, and they made some noise. Tho police-officer thought that they were the party who were to visit the wo-. man's house, and after a while he went up to the room to tell them to disperse. An altercation ensued, and the students, exasperated, ejected the man from the room. He ran off for a band of po lice agents and cossacks, and they proceeded with some roughness to arrest the students. The latter resisted, and a regular battle ensued, in the course of which several of the students were seriously and some even dangerously injured. At length the police and cossacks remained victors. The next day the whole body of the students of the Univer sity-1,800 in number—assembled, and unani mously resolved to insist on having the police punished, and to obtain an order that in future the police should not b 3 allowed to enter the rooms of students without permission of the authorities of the University. The professors and other autho rities hare taken the part of the young men, and, with the permission of the Governor-General's the matter is to be brought before the Emperor." Letters from St. Petersburg state that the price of provisions has become so exceedingly high in that city that the government has thought it advisable to open the state-granaries and to sell the wheat held there in reserve. This favour is, however, only accorded to such persons as are known to be in want of it. SWEDEN. The rejection by the Swedish Diet of the royal proposition relative to religious liberty has been already made known by telegraph. Later accounts give the details of the vote. The order of knights or of the nobles rejected the measure by a majority of 137 to 78.; the order of the clergy rose in a body against it without having recourse to any vote ; the order of the bourgeois had 34 for and 11 against the proposition, and the peasants 70 against and 21 for it. During one of the discussions M. do Kock, the Chancellor of Justice, in order to make the Diet understand the consequences of its decisions, said that, if the royal proposition were not voted, the tribunal would be compelled to pass sentence on seven Swedish women, accused of the crime of having three years ago quitted the Evangelical Church, and embraced the Roman Catholic faith. They would, added the minister, be necessarily con demned to exile. This argument, however, as is proved by the result, bad no influence on tho de cision of the States. SWITZERLAND. The Tieinese Gazette states that the Federal Coun cil of Switzerland having addressed a note to the Government of Valais, inquiring whe.her tho Jesuit Burgstaller was in the canton or not, and if so, since when ? whether the Government had authorised him to stay there, and whether he had preached 1 -what was his behaviour, and whether he wore the dress of the order? The Council of State of the canton has replied, expressing its surprise at this note, and declaring that Art. 58 of the consti tution (relating to Jesuits) is observed in the Va lais as everywhere else ; that the said article does not impose on tho canton any obligation respecting the stay or domicile of a Jesuit, and that the Coun cil of State is therefore unable to give the explana tions reqeired. SPAIN. The Madrid journals of the 6;11 state that .the Cabinet was preparing a grand plan to be submitted to the Queen after her confinement, for making reforms in the laws on elections and printing, and in those relative to public functionaries,,the "main tenance of public order, Sac. Amongst the finan cial measures projected by it were, it was said, a oomplete sale of national property, an inorease in the land tax, a reduction of the salaries of func• tionaries, and a liberal reform of the tariffs. The ratifications of a treaty between the Grand Duchy of Baden and the Netherlands for the no mination of consular agents of Baden in the prin cipal ports of the Datch colonies were exchanged at Carlsruhe a few days ago. A Vienna correspondent of the cologne Gazette states that although M. Thouvenel had iu the com mencement raised some difficulties in opening dip lomatic relations with Reschid Pacha, yet after wards every unpleasantness had been removed, and the usual intercourse was going on, A letter from Cattaro of the 2d, in the Austrian Gazette, states that the new Woiwode of Wo.ssoje , ,wic having informed Prince Danilo that two of theAribes - of Wassojewic have broken the truce con cluded with the Turks, and made an incursion into the territory of Podzoritza, devastating everything with fire and sword, the prince has sent a commis sion thither to verify the case, and to punish the chiefs for having acted without his permission. WESKLY COMMUNICATION INDIA. .--- It appears that a weekly communication with India is about to be established. The main points of an arrangement are said to have been Agreed between tl Government and the Peninsular and Oriental Company for a mail to and from India four times a month instead of twice, as at prevent. It is intended to effect this by making the despatch of the mails to and from Bombay to alternate a s regards dates with the dep.irture of the mails to and from Calcutta, a plan which will bring four mails each way to Suez every month, the company undertaking to place such additional steamers on the Marseilles and Alexandria station as shall suf fice to convey four mails per month, both outward and lioawward, between those ports. It is hoped this important.extension of the company's postal operations may be brought into effect early next year, and it will doubtless be shortly followed by a corresponding increase iu the nuna4r of otarnuui cations via Southampton. SIGNOR LABLACEE. — We are authorised to state that there iP no truth in the report circulated by some of our contemporaries that Signor Lablache has had an attack of apopli xv. The greet artiste is now residing on his estate near Naples, and is in much better health than he has erjucd for some time past. 1.!',8 5 7. AMERICA. ARRIVAL OF THE KANGAROO. ' , BY ELECTRIC AND INTERNATIONAL TELEGRA.PII.) LIVERPOOL, WEDNESDAY. The Kangaroo has arrived with New York dates of the 29th ult. She brings 260 passengers, 9,680 doh. specie. The European news and the specie brought by the steamer Persia, about 1,000,000 doll., exorcised immediate and favourable influence on the New York money market. A general advance took place in all sorts of securities. Illinois Central Shares ad vanced 2 per cent. ; Reading, 21 ; Panama, 2 ; New York Central Shares, 2 ; Virginian State Sixes, 41r, ; and others ranging from 1 to 5 per cent. The highest price demanded for sterling exchange was 107, but first class banks' bills were obtainable at 104, and prime commer cial at 100 to 102 i. Gold was in abundant supply, and quoted at 1 to 1 per cent. premium. Closing rates for leading securities were—New York Central shares, 65 ; Illinois Central shares, 85; Illinois Central bonds, 69; Michigan Southern new stock, 22 ; ditto shares, 8 ; Panama shares, 70 ; Virginia sixes, 79k. The New York Herald says :-- "There is beyond all question a much better feeling in the money markets. The bank% are full of money, • but dare not lend it on commercial papeer. The princi pal business of our banking institutio is just now is turning over, renewing, and arranging in different ways their protested paper. The banks never giant exten sions, but they renew paper either the whole or in part, and keep it alive with all the additional security 04 can squeeze out of the makers or en dorsers. A good deal of this accommodation has been extended, and it appears to be the prevailing disposition, both inside and outside the banks, to grant all the neces. nary facilities f,r a satisfactory adjustment. The Cali fornia remittance of October is about due, and will doubtless be at basd this week. This will give us a million and a quarter more at least, making au aggre gate of two millions and a half dollars for the banks to report on next Monday. The banks are daily receiving gold from their depositors, and it is not at a ll improbable that the specie re serve shown on Monday next will be fully 13,000,000 dollars. We learned to-lay that the president of one of our leading banks sent a circular to the prin. cipal points of the West, urging the forwarding of grain. He gave parties shipping grain at the West to this port permission to draw upon him at sight upon remitting the bill of lading. This is, in his opinion, the best way to use money just now, and it is our opinion that he is about right." There was a prevailing impression that the suspension of the banks of South Carolina would operate as a forfeiture of their charter. The New York Tribune reports that the num ber of protests at the New York banks was consi derably lessened, and not entirely from the fact that renewals were easy to be obtained ; the regu lar payment of notes at the banks was much larger, showing in that respect a marked improve ment in the mercantile community. Philadelphia money market without material alteration. At Boston a material decline in rates for money had taken place, and the supply was more abundant. Exchange on London 95. Financial matters about the same. Miles, Adams, and Co., cotton factors, had failed. THE AFRICAN MAIL. (BY ELECTRIC AND INTERNATIONAL TELEGRAPH. PLYMOUTH, WEDNESDAY MORNING. The African Royal mail steam ship Ethiope, Captain George Corbett, arrived here last . night. Her dates are—Cameroons, Sept. 27 ; Old Cala bar, Sept. 29 ; Fernando Po, October 1 ; Bonny, Oct. 4 ; Lagos, Oct. 8 ; Accra, Oct. 10 ; Cape Coast Castle, Oat. 11 ; Liberia, Oct. 15 ; Sierra Leone, Oct. 21 ; Bathurst, Oct. 25 ; Teneriife, October 31 ; Madeira, November 3. She brings as carg.J 2,484 ounces of gold dust, 368 °arks of palm oil, 63 packages of ivory, 209 boxes of oranges, 70 bales of moss, 40 pipes of wine, 22 bags of c)chinsal, and various sundries. She brings also 12 passengers, among whom are Lieut. Taylor and Ensign Thomett, Gold Coast Artillery, from Cape Coast. At Fernando Po was the Alecto, at Lagos the Hecla, Hecate, Antelope, and Bloodhound. Oil Wbydah, the Teaz?,r and Firefly. The Ethiope spoke the African mail screw steamer Gambia 40 miles wcst, of Monrovia, Oct. 16. At the Cameroons, the season was sickly ; several deaths had occurred amongst the Euro peans. The same may be reported of Old Calabar. The tradeat Bonny had been stopped for 45 days but was again resumed and was proceeding with tolerable activity. An agricultural exhibition was to take place this month at Liberia, when prizes will be given for the best specimens of the pro duce of the country. The quarantine regulations are being strictly enforced, at Madeira, on vessels coming from Lisbon, on account of the fever at that place. The. Susquohana, America❑ screw frigate, ar rived at Madeira, Nov. 3, from this port. The squadron on the coast were well. The cruisers seem to bo hard at work; two slaver:, had lately been taken at Sierra Leone, one cap tured by the Alecto, which was the fourth prize this vessel had taken within a few months. THE CONSERVANCY OF THE THAMES. —The consrr; vancy of the river Thames have chosen Captain Edward Burstal, R.N., as their secretary. EXPORT or GOLD.—There were no gold withdrawals from the Bank yesterday for exportation, but sovereigns to the amount of 300,0001. or 400,0001. were taken fer transmission to Scotland, the fall of the Weitern Bank having caused a run upon some of the other principal banks at Glasgow and elsewhere, including even tse savings-banks. It is rep , rted that among the leading merchants in the north the announcement of the event on Monday created neither surprise nor agitation. The temporary inconvenience among depositors and note h9lders must, however, be extensive and severe, while the shareholders, about 1,300 in number, many of whom are women and peksons of small income, out of trade, will, it may be feared, in several cases suffer almost complete ruin. The fixed is'ue allowed to the bank under the Act of 1844 wag 337,9381., and the extinetian of this, estimating a reserve of one-third in gold to have been kept against it, will be an equivalent to a contra.- tioa ,of 225,2921. in the circulation of the country—an event as undesirable at the moment as the loss of so much buliion.—Times. THE TRADE of LIVETIPOOL.—LiverpooI, Monday.— The Customs Bill of Entry, published this morning, gives a return of the number and tonnage of the ships that have entered inwards end cleared outwards for foreign ports in the week ending the 7th of Nov. 1857, as well Al the corresponding period of 1856. It appear, that during the last week 61 ships of an aggregate ton nage of 31,950 tons, entered inwards, against 83 ships, 51,593 tons in 1856, being a decrease of 22 in the num ber of ships, and a decrease of 19,643 tons in the loa ner ; the number of clearances outwards during the week, 73 slips, of a tonnage of 38,384 tons, against 95 ships and 53,103 tuna in 1856, being a decrease of 22 ships, and 14,719 tons. The total number •of ships re ported inwards from foreign ports during the present year up to the 7th of Nov. was 3,819, with a tonnage of 2,043 215 tons, against 3,769, and 2,126,960 tone in the year 1856, showing an increase of 50 ships and a de crease of 83,649 tons. The total number of ships cleared outward for foreign ports during the present year up t) the 7th of Nov., was 4,372, with a tonnage of 2,208,210 tons, against 4,133 ships, and 2,263 325 tons in the year 185 G, showing an inereme of 189 ships and a decrease of 55,115 tons. THE LOND6N GENERAL OMNIBUS COMPANY.—An extra , irdioaty getierA meeting of this company was held yesterday afteruoon, M. Vacossia, president, in the chair. The report stated that it has been found neces sary to continue to erect new stables, besides premises and machinery for the preparation of provender. Asum of 3,6301. has also been laid out in the purchase of new omnibuses with all the latest improvemerts, and in the alteration of such portion of the oil stock as was worth the expense. The number of horses in tho possession of the company on the 4th' of July was 6,222, being an in crease of 343 over the number at the dose of last year. The average_ net earnings of each omnibus are about 6s. 141. a-day. Part of the unused capital not exceeding 50,000/. is proposed to be expended on the formation of lines of train ways in various parts of the metropolis. The *net profits on the six months' working amount to 31,5821. —out of which a dividend equal to 5 per cent. for the half-year was declared, 5381. Laing carried to next ac count. No diEeuzwion t?ok place, and tLe report was •adopted unanimously. A sum of 1,0001. was voted to a provident fund for the company's servants. THE MONETARY CRISIS. TO TEE EDITOE OF THE SUN. SIR, —A panic was absolutely necessary to open the eyes of the nation to the absurdity of our monetary laws. Our position reminds ono of a gentleman who, having a litter of pups continuing blind longer than usual, ordered them to be drowned the next day if they did not open their eyes ; and asking his man afterwards if they bad opened them —" Yes," said John, " but they were sinking first." So it is with us. Dreadful will be the suffering to individuals if no relief be given ; yet here, as also in India, I trust we may see ere long the hand of mercy— " from seeming evil still educing good." Continue, sir, to arouse and awaken the nation to a sense of its folly, and ask them if, in assisting America with the gold we can safely spare, we are not helping ourselves in the most effectual way ; for if the Americans cannot take our goods, what is to become of our workpeople during the coming winter. You will oblige me by inserting, if you can find room, the following extract from my pamphlet— " The Bane and Antidote of our Monetary System" —explanatory of the policy of permitting our sparo gold to be exported.—l am, Sir, your obedient servant, lIAAIER STINSFELD. Tho Grange, Burley, near Otley, Nov. 10, 1857. 7th. That the Act of 1814, in seeking to maintain the convertibility of the bank note into gold through the means of pressure, by contracting the note circulation as the gold flows out, raises the rate of discount, makes money dear, and everything else cheap—and produces incalculable mischief. The reputed author of the bill, S. J. Loyd, Esq., now Lcrd Overstone, gave the following opinion before the Lords' Committee, " I think that a relaxation ought only to take place in the last extremity, and when the inconvenience arising from the pressure has produced all its legitimate effects in rectifying the ex changes and the danger of general confusion has become imminent." In other words, that a panic should pre viously exist ; an opinion fraught with greater evils to a commercial community was surely never uttered. It is contended that there is no other way of bringing the gold back and of maintaining the principle of the converti bility of the note, which is and ought to be, the basis of our monetary system. But gold, like water, will find its level ;if it flows out too freely from this country will overflow in others, its valise will fall and rise here, and it will then naturally return to the most profitable mar ket. It is only during its temporary absence that this convertibility is endangered. This was fully admitted by Mr. Morris in his evidence before the Commune' Committee in 1843. He was asked— "Q. Did you not say that there was a natural ten. dency in trade to rectify itself 7—Yes ; if a sufficient period of time is allowed, there is a natural tendency in trade to adjust itself ; but the rectification does not take place so rapidly through goods and securities, as through the medium of the precious metal. "Q. But during the absence of the precious motal4, might it not be advantageous to the country and pre vent great loss, if we bad a temporary substitute for those precious metals 7—lf you have a temporary substitute in the absence of the precious metals, you do away with the convertibility of the note ; I am always bearing in mind the convertibility of the note. " Q. Then the price of the convertibility of the note, under that state of things, is the di,,employment of lab or and the ruin of the merchants of this country • —The pressure which the export of the precious tnct tls causes, naturally will cause failures of parties who may have been over•trading, and will also cause a fall in the price of goods. "Q. And it will lead to a disemployment of labour t —Probably for a time it may lead to a dizemploymetit of labour." Now the danger to the convertibility which he appre. bends may be averted, and the extreme fluctuations in the rate of discount at the same time avoided, by granting to England the same privilege which Scotland and Ire land possess, of using one p )und Tikes. By empowering the Bank to substitute 30,000,0001, of notes for soya• reigns—as circumstances might render necessary, depo siting one-third of the sovereigns as a guarantee for the convertibility of the notes (admitted to be a safe propor tion), we should have a reserve of 20,000,000 wherewith to protect the circulating medium against export, and to keep steady the Bank rate of discount. Let the Bank of England abide by its former rule of never discounting under 4 per cent. ; and when its reserve is so much reduced by a drain of gold as to make an advance to 5 per cent. necessary, let them avail themselves of this power of issue, on paying interest to the Government at the rate of 4 per cent. for the advance obtained, and when no longer wanted the notes could be cancelled. For every three sovereigns received in exchange for notes they would be able to add two to their Reserve. By this means a power of regulating the circulation would he obtained without in the slightest degree tampering with he currency. The market rate of interest would be left to find its natural level, and the arbitrary interference of a Joint Stock Company like the Bank of England with the value of money would be counteracted. The operation of this national reserve would resemble that e n t g w e s e , e n which this c 0 u doper niry sl a n d upon others, of a reservoir for supplying canals duri ng peri o d * s baa‘drought.lnee of payments TheExch b a would adjust thems e l ves w ith out th e ru i nous depreo ig" tiou of prices entailed by the pressure o f our present system. If our import s excee d e d our exporte , Kay, by 5,000,0001., th a t amount o f go ld wou ld pro b a bly have to be sent from the Bank R e serve,—the balance due t o foreign countries would therewith be paid—the Exchange s woul I be adjusted—and the vacuum in the Bank R c• serve filled up by the mode suggested. When the rade% , f gold took pl ice, which in the course cf time woul d naturally occur, and would be accelerated by the Bank rate cf discount being 5 per cent. (hgher than rule s generally on the continent) then the Bank Reserve woul d be increased, and sovereigns instead of one pound notes again be issued, as it would no longer suit the Bank to pay _4 per cent, to Government hr the accommodations. Under such a plan gold could be exported as a Com' modity without diminishing the currency, and might flow in or out of the country without creating ani greater anxiety or speculation than the import or export 0f any other commodity to the same amount. THE MONEY CRISIS. NECESSITY FOR THE SUSPENSION OF THE BANK AOT. TO THE EDITOR OF THE SUN. Sm,—With the exception of tue Times (which paper, all powerful as it is, seems determined to uphold the Bank Charter at every hazard—even t°, that of prostrating the entir e t ra d e o f th e U e iteu. Kingdom), the Daily News, and your own influen tial paper, and other loading journals in Linden , are beginning to see the necessity of Governmen t -topping forward to the rescue of the money market as it did in 1847. Seeing clearly what was coming, I endeavoured, on the 13th of Oct. last, toiropress upon the readers of The Mercantile Journal, the great necessity for such a step, as it was, and ,is, folly to imagine that an advance of a few par ccUts. in the rate of discount will prevent gold leaving the Kingdom, ao.long as produce can be bought with it abroad 40 or 50 per cant. under par. Since the lit of Oct., the rise on discounts has been 4i per cent., equal to an addi tional load upon the commerce of the nation of no less than 20,000,0001. sterling, calculating 600,000,0001. as the average amount of floating bills of exchange I Can any mercantile country, however rich in re source?, withstand such a crushing influence as this for any length of time ? and, yer, the Times has the hardihood to say, in its monetary article of this day, that "it does not see any necessity for Go vernment interference." Sir, I take the liberty of repeating now what I have said weeks since. Let the merchants of the nation arouse themselves, and respectfully call upon the Government w suspend the Bank Act, pro tempore, ere it is too late. It is not the restriction to any particular rate .of dis count that is now required—it is confidence—coal" deuce in the merchant being able to obtain cash for his bona fide bills when he requires it. At present he cannot have this, as the operations of the Bank Act, close the pockets of the bankers at the very moment they are most required to be open, and consequently they are obliged to refuse discounting a large proportion of the paper offered to thew/ irrespective of their character. • At the present moment, there are between sixty and seventy millions of sovereigns in circulation throughout the United Kingdom ; a large pro portion of ` this immense supply is paralysed by th e extinction of notes of small denomination in Eng laud—say, of 1/. 2/. and 3/. notes—the use of whic h would, as a matter of course, release a correspond ing value of gold to the amount of small notes issued, or nearly so, and thus give an immene e additional supply to meet the foreign demand. Lit the Bank of England, and other banks of issue in. England, be authorised to circulate, say, 20,000,0001. of these small notes, and let Bank 0, England and Bank of Ireland notes be made lee l tender throughout the United Kingdom, and mone tary matters will promptly assume a more satin' factory position, confidence will be restored, a nd we will hear much less opposition in future to the Banking Act of 1844. If the supporters of th i6 Act will not listen to any corriprombe, no inat o . lc how reasonable, they may expect to.find that thei whole financial fabric will tumble about their ea° ere very long. The amount of bullion at present in the vault s of the Bank of England i s about the same as it 1 0a on the 24th s rapidly October, 1847, when the fam ous Gr no T e Trii elitletter was issued, and the reser ve diwieishing to a dangerous figu' In such a time as this, promptness of actiou I ' f - quired t o save th e nation from the consequences u a fearful monetary panic. THE EDITOR OF " THE BELFAST MERCANTILE JOURNAL." Corn Exchange, Belfast, 9th Nov., 1857. was, 1 3 .8.-1 understand that the merchants , gow, Liverpool, and Manchester, have Pe or are al,out to petition the Government to a , l fete. Let every town iu the Unite d Ningao' follow their example.