The Sun. — London, England, 1857-11-17 00:00:00

lIEL MAJESTY'S THEATRE—The GRAND BAL MASQUE, which will slow M. Jullien's Nineteenth Season of Concerts (1857), will take place on MONDAY, Nov. 30. Applications to be made at the Box-ofttce of the Theatre. T HEATRE ROYAL, _HAYMARKET. Lessee—Mr. J. B. Buckstone. PHIS EVENING, to commence at Seven o'clock. with a new Comedy, entitled AN UNEQUAL MITCH. Princi pal characters by Messrs. Bnckstone, Compton, Chippendale, W. Farren, Miss Amy Sedgwick, Mrs. Buckingham White, an Mrs. E. Fiizwilliam. After which, LEND ME FITE SHILLINGS. To be followed by THE STAR OF ANDALUSIA. Orchestra Stalls (which may be retained the whole of the evening), 6 s. each. (No charge for booking.) First Price. s. a. Second price. s. d Dress Boxes 5 0 Dress Boxes 3 0 Upper Boxes 3 0 Upper Boxes 2 0 Pit 2 0 Pit 1 0 Lower Gallery 1 0 Lower Gallery 0 6 Upper Gallery 0 6No half-price to Upper Gallery. ROYAL PRINCESS'S THEATRE. Proprietor, Mr. Charles Kean. LAST WEEK BUT TWO OF THE TEMPEST. THIS lITENING, will be performed Siakspere's Play of THE TEMPEST. r Preceded by (2d time), a new farce, in one act, entitled A CASE OF GONSCIENCE. T HEATRE ROYAL, ADELPHI. Lessee—Mr. Ben. Webster. THIS EVENING, will be performed BETTY MARTIN. After which, a new romar.tic drama, called THE LEGEND OF THE HEADLESS MAN, and in which Mr. Benjamin Webster and Madame Celeste will perform. Pollowed by the original Apropos Sketch, entit:ed THE DRAPERY QUESTION ; or, Who's for India / Messrs. Wright, P. Bedford, C. Selby; Miss M. Wilton and Miss Nary Keeley. ROYAL LYCEUM THEATRE.—Lessee, Mr. Dillon.—Under the joint management of Miss LOUISA. PINE and Mr. W. HARRISON. THIS EVENING, will be pe-formed Balfe's new opera, THE ROSE OF CA STILLE. Characters by Miss Louisa Pyne, Miss Susan Pyle, Miss Marian Prescott, Mr. Weiss, Mr. A. St. Albyn, Mr. G. Honey, gr. Wallworth, and Mr. W. Harrison. Conductor, Ms. Alfred Mellon. To conclude with (11th 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. ; stalls, Gs. ; Dress Ci rc l e , s s . ; Upper Boxes, 4s. • Pit, 25.; Gallery, le.—The Box Office is now open daily, from 11 to 5, under the direction of Mr. Chatterton, jun. ROYAL OLYMPIC THEATRE. Lessees, Messrs. Robson and Emden. THIS EVENING, will be performed A SHEEP IN WOLF'S CLOTHING. Followed by the new comedy, called LEADING STRINGS. Messrs. Addison, G. Vining, H. Wigan ; Miss Marston and Mrs. Emden (late Miss Somers). To conclude with A CONJUGAL LESSON. Commence at half-past Seven. LOYAL SURREY THEATRE, Leases's, Messrs. Shepherd and Creswick. THIS EVENING, will be performed a new and powerful drama, entitled INDIA. IN 1857. Messrs. Shepherd, Cres wick, W. Smith, Vollaire, B. Potter, Widdicomb, BelmJre, Tapping ; Miss M. Eburne, Miss Webster, Miss Chalmers, Miss Johnstone. After which, THE BARRISTER. Followed by OUR TRAVIATA. The Blighted One, Mr. Widdicomb. CANTERBURY HALL, Westminst er - roa d.— OPEN EVERY EVENING.—The follow ng company of Vocalists are engaged for the performance or Selections from all the popular OPERAS, MADRIGALS, CHORUSES, GLEES, DUETS, dre., viz. :—Miss Russell, Mrs. Badzey, Madlle. Marietta, Mrs. Palmyra, Miss Bru non, and Madame Marietta; Herr F. Jonghmans, Mr. Heashaw, R. Grover, T. Farrant, S. Jones, J. Barker, W. Methug, Senor Antonio, E. L. Rime, and Mr. St. Albyn; Messrs. S. Collins, W. T. Critchfield, and E. Mack ney. Pianoforte, Mr. Cecil Hicks; harmonium, Master Willianw ; Direetor, Herr F. Jonghmans. Commence at 99yea o'clock precisely. Suppers, ctn., instil twelve o'clock. HIGH WATER AT LO.NDON BRIDGE. This DAT—Morn., 5 min. aft. 2—Even., 23 min. aft. 2 TO-MOILBOw-310rn., 38 min. aft. 2—Even., 53 min. aft. 2 THE ITRAMELER—Sox Omen, NovinusEa 17. TIUMMOMIITIN, IN THE SAUDIS. 52—highest since noon yesterday. 47—lowest this morning and during the night. 50—this arty at nooa. BARI:MUM 30.18. WIND, S.E.; thick and hazy, with cold weather. c i *, . t e, er "47 „..!,„4.luf .114 ' azerr.[:l'l"—lC "Mt LONDON, TUESDAY, NOT. 17, 1857. Enraged by the failure of the scheme to ruin the industrial classes, for the exclusive benefit of usurers and money lenders, the Times has flung aside all disguise, and at last exhibited its true eolours. It has nailed the "black flag "to the mast, and is manifestly determined to proclaim " war to the knife," rather than its patrons should lose a single particle of the - unfair advantages they have obtained under false and fraudulent pretences. We use the terms advisedly. For it now appears that the specious pretexts put forward on behalf of the act of 1844, were merely colourable, and had no real foundation. It was first declared that the act would prevent fluctuations in the value of money —which, as Mr. COBDEN declared in his evidence before the Committee of the House of Commons on banks of issue in 1840 had occasioned " greater evils, pecuniary, social, and moral, than the direct failure of all the banks of issue since they were first established in the country !" In fact, Sir It. PEEL, the putative parent of the OVERSTONE Bill, described it as a measure to prevent the oc currence of those periods of monetary crisis and commercial alarm and derangement, which th© previous measures regarding the currency had failed to prevent ! We do not say that these were the exact words, but they convey the pur port and effect of his chief argument, and that on which the bill received the legislative sanetion, and was permitted to become part and parcel of the law of the land ? Within three years, however, it was found that the enactments had not only failed to produce the intended effect, but that far greater perturbatiocs had occurred than at any former period, and "a monetary crisis and commercial alarm and derangement" utterly unparalleled up to that time. The rate of discount, which, but for a short period in 1839, when it was at 6 per cent., had during a century and a quarter never exceeded 6, or been less than 4 per cent., had vibrated from 2 to 8 per cent., exciting at one time the wildest speculation, and at another the most disastrous stagnation. The position was shown to be utterly untenable ; and the responsible author, rather than confess the total failure of his pet crotchet, was guilty of what used, before the abolition of special pleading, to be styled "a departure," or, in other words, a com plete shifting of his ground. In 1847 he declared that "the main object of the act was to secure the conversion of paper into gold." Not one word did he utter on that point in 1844. The convertibility of the Bank note was not questioned at th at time, and the subsequent statement was a palpable afterthought. In fact he subjected himself to be tossed on the horns of the dilemma, that there was a direct falsehood deliberately put forward either in 1844 or 1847. B o th speeches could not have been founded on fact. Re Was equivocating at one time or the other. "Mercator"—the "Mercator" of the Times— lad Year adopted the latter view ; but it was manifest that whenever it became convenient t) j_TER MAJESTY'S THEATRE. JULLEEN'S CONCERTS. MDLLE. JETTY TREFFZ. The highly Successful INDIAN QUADRILLE, and GENERAL HAVELOCK'S TRIUMPHAL MARCH. The Last Night but Ten. THIS EVENING (TUESDAY, Nov. 17), will be pro duced (for the sth time) the New Grand Descriptive Composi tion, by M. Jullien, entitled THE INDIAN QUADRILLE, and GENERAL HAVELOCK'S TRIUMPHAL MARCH, performed by M. Jullien's Orchestra, assisted by the drums and fifes of the Grenadier Guards, the Coldstream Guards, and the Scots Fusilier Guards ; and a Grand Chorus, " Rule Britannia," and " God Save the Queen." erces of Admission—Promenade, is ' • Upper Boxes, is. ; ' Gallery, Is. • Dress Circle, 2s. 6d.; Private Boxes, 10s. 6d. and upwards. Prospectuses, with full particulars, may be had at the Box eke of the Theatre; of all the principal libraries; and at Jullien and Co.'s, 214, Regent-street. assign a new ground, no scruples would prevent the parties from putting forward a new version of the main object of the Act of 1844. This suspicion has been converted into certainty by the money article of the Times of this day. According to the bullionist organ, it is virtually and practically to annihilate " credit," so that although the convertibility of the note be still maintained, no relaxation should take place, that " prudent " (read " over-reaching ") creditors should be enabled to ruin their unfortunate debtors, or, to use the very words of the bullionist organ, "toforce one portion of the community, who allow themselves to be drawn into a panic, to part with their property, at a sacrifice, to another and more clear-headed portion, who find themselves in a condition to buy it." The cloven foot thus peeps out in all its naked enormity. Hence. forward there can be no mistake. The people understand the true nature of the issue. It is whether money, or its representative, is to be rendered scarce and dear, and commerce and manufactures annihilated, in order that " prudent creditors"—(usurious bloodsuckers might have been the term)—should, with SHYLocK-like avidity, enforce the very "pound of flesh " for which they had contracted The Times confesses the extent to which the prin ciple might be carried. It says :—" No doubt, if the Government letter had not appeared on Thursday, money would have been worth 20 or 30 per cent., owing to the general panic that would have bean created." And it considers it much better that such a convulsion should have occurred than that the arbitrary limits for the issues on securities should have been exceeded. It is well to understand the true nature of the question about to be submitted to the collective wisdom of the nation. It may be impossible to fix such Protean antagonists. but for very shame sake they may be unwilling to go further. Now, then, the Times itself in the prelimi nary part of the same article states that " in England every contract is made in gold," •that "any man who comes under an engagement to pay a certain sum on a certain day, pledges himself to deliver so many sovereigns."l Now, although we totally dissent from this assertion, and are prepared to prove its utter falsity, let us, for all, another Toll-bridge. Another petty " stric ture " of copper like that strangling the traffic across the river at Battersea, at Hun gerford, at Vauxhall, at Southwark, and at Waterloo ! Another cluster of wretched little toll-gates where the myrmidons of the CHARON of our Styx levy the miserable dole of a " brown" upon the living—until one is fain to wish that the Charons, whether of the Quick or of the Dead, would cut their Styx henceforth altogether ! Nei ther, then, wilily° open our catalogue of recent suc cesses, in the shape of metropolitan improvements, by boasting about the new Chelsea Bridge ; any more than by bragging about Big Ban. At any rate, we may surely refer, with some degree of complacency, to the clear sweep made in one direction by the inauguration of Victoria Street, connecting Pimlico with Westminster and in another by the opening of New Oxford Street, running the old thoroughfare of that name directly onwards into Holborn. A grander improvement, howbeit, than any (such as these) of a simply local and, therefore, restricted character, is such an one as the benificent change for which, if we are indebted to any one man among the whole concourse of our practical philanthropists more than another, we are most assuredly bound in gratitude to Mr. GEORGE ALFRED WALKER. Need we add, after the significant mention of his name, that we allude, of course, to the virtual close of the filthy and obnoxious system of intra mural interments, and the substitution for our old London Graveyards of our new and picturesquely beautiful suburban cemeteries? Enough if we content ourselves at this moment with a reference to that one comprehensive innovation. If in nothing else—in that, at any rate, we may find encouragement. LATEST NEWS. FRANCE. PARIS, MONDAY EVENING. A private telegram has been received i❑ Paris, announcing that the elections in Piedmont have been favourable to the Government. Five out of seven of the Ministerial candidates for Turin had been elected, and there was a scrutiny pending for the two others. Throughout the kingdom, except at Genoa, which is the focus of the opposition, it was believed that the Government would command an imposing majority. It was remarked that the greater number of the upper classes had voted for the Government. The Ministerial crisis, if indeed the choice of a person for the office of Minister of Justice deserves the name, is over. M. de Royer, Procuraur- General at the Court of Caseation, is the person the Emperor has selected to take the place of the Me M. Abbatucci. The fete day of the Empress taking place on Sunday, the bands of the National Guard of Com piegne, of the 2d regiment of Voltigeurs, and of the 2d Cuirassiers of the Imperial Guard assem bled at an early hour in the morning, and played a salute under the windows of her Majesty. At one o'clock the Emperor, followed by General Rollin, adjutant-general of the palace ; General Count de Montebello, one of his aides-de camp ; Captain de Cadore, one of his orderly officers ; and Baron Bourgoing, equerry, mount e d on h orse b ack and reviewed the troops of the garrison in the park of the palace. The Empress and the Prince Impe rial, surrounded by the officers and ladies of their household, and all the persons now on a visit at the palace, were at the windows of the state apartments during the review and the filing off of the troops, which took place amidst loud cries of " Vive l'Empsreur !" " Vivo l'lmperatrice !" " Viva le Prince Impe r i a l !" A t 9 o'clock in the evening a display of fireworks, organised by the authorities th e expe nse o f th e t own, took place and at in th the park . In the course of the afternoon her Majesty sent 2,000 f. to the mayor to be distri buted to the poor. Other douations had previously been sent by the Emperor to the different hospitals and charitable institutions of the town. BOURSE, Nov. 16.—The following were the last quotations : Cash. fr. End of Month. 44 per Cents 3 per Cents 63 45 63 50 Bank Shares 2915 Credit Fancier 502:1 — Credit Mobilier 730 -- Roman - Do. Accouat 727 50 Austrian Belgian 41 (xd)...... 95i— Spanish Threes — riedinoutese (5) — Home Debt — STOPPAGE OF THE TrOLTERHAMPTON AND STAFFORDSHIRE BANK. Or BLUM' TELEGRAPH.) WOLVERHAMPTON, TUESDAY MORNING. The Wolverhampton and Staffordshire Banking Company has stopped. The definite course to be stated on Monday. The town is panic-stricken. THE MONETARY CRISIS IN SCOTLAND. RAILWAYS—FOR CA.813. tr. e. Orleans . Northern New Ditto ........... 705 Strasburg Lyons and Med ...... 787 i— Grand Central New Ditto... ....... 785 Sardinian Geneva 570 Austrian Com. ...... 636 i the sake of argument, suppose it to be well founded. Even if the certain sum were to be paid in gold, why should the debtor be placed under undue restrictions ? Why should a certain portion be uselessly locked up iu the cellars at Threadneedle Street, in order to produce an arti ficial scarcity, and thus enhance the price of the circulating medium in which the liability is to be discharged ? If " gold was to be left to its natural osurse," why should there be an obligation on the bank to withdraw a large portion thereof from general use t There should be perfect freedom of action. The argument •f the Times, however applicable it may be to the Act of 1819, is fatal to that of 1844 and the regulations thereby establish ed. GLASGOW, MONDAY. A private meeting of the shareholders of the Western Bank waa held here to-day. There was a unanimous expression of feeling to go on with the bank, and for this purpose upwards of 600,0001. were subscribed by the more wealthy share holders, for which they were to receive 7 per cent. the first year, and 5 per cent. afterwards. The deficiency of the funds of the bank has not as yet been ascertained, but it is thought that a million sterling will suffice to meet the loss and enable the business of the bank to be carried on as usual. This sum, it is confidently expected, will be made up in a few days. Many of the de positors have expressed their confidence in the new management, and will continue to transact business with the Western. The public has every confidence now in the notes of all the banks. THE PRINCIPALITIES. A letter from Bucharest states that the Walla chian Divan had not held any new sitting since its vote in favour of the national programme. The committee elected by the Divan was, however, occupying itself in drawing up a memoir in support of that vote which the assembly is to present to the commissioners of the European powers. The Divan was to meet on the Stu to hear that docu ment read and to deliberate on it. The corpora tion of traders of Bucharest gave a grand banquet to the deputies of the Divan ; and of those depu ties only three, Bibedco, Stirbey, and Oteleicheano, absented themselves. The publication of Prince Gortschakoff's and Aali Pacha's notes , and the decla ra ti on o f th e Prussian Correspondence, lead the Debats to re vert to the subject of the principalities. Replying to the imputation made against the Divans by Turkey that their demands are revolutionary, this journal says : "What do these demands amount to ? Is there in them anything else than the eternal programme of those legitimate demands made by all badly-or ganised and badly-governed peoples—equality in the eye of the law, equality of tazation, a better administration of justice, and other such things ? We can well conceive that such demands must be considered highly revolutionary in Turkey, for to act upon them there would be to accomplish the most radical, and at the same time the most salu tary revolution that could be conceived in that country. But to make the members of the Divans pass for revolutionists in the eyes of the West, which recognises the institutions they ask for, will be a little more difficult. In France, for example, the declaration cf such principles will seem rather matter of course than revolutionary. If these are revolutionary demands, then the admi ral commanding our Mediterranean fleet must be an agent of the revolution, for it is pretty much this unfortunate programme—a programme des tined to make the round of the world—which he has been suggesting to the Boy of Tunis, and which we are doing our best to make acceptable to all the barbarians both of the East and West. If, therefore, the cause of the principalities be destined to perish, it will not be because it is a revolutionary one. Those who give it that name are not the dupes of the fears with which they would inspire others ; and they know better than any one that it is not upon the debates of the Divans, but upon the decisions of cabinets, that the destiny of the principalities now depends." Here we might stop ; but as Parliament should legislate for the great body of the people, wo assert that the Times has proved, beyond the possibility of doubt, the total inadequacy of a purely metallic currency. If it is to send up the interest of money to 20 or 30 per cent. under any circumstances, it is absolutely unsuited to the nation, and a better system must be devised, in which fair play will be given to debtors as well as creditors, or, in other words, to the industrious classes as well as to the money lenders. Equity has repeatedly interposed to prevent un conscientious forfeitures, and mortgagees are not permitted to enforce a foreclosure at a tenth part of the real value, because the stipulated day of payment had elapsed. A. fair and equitable arrangement, in accordance with the spirit of the contract, will be readily granted by monetary re formers. They require no undue advantage for themselves, and they will strain all their energies to prevent those who, if the doctrines of the Times be correct, would be natural enemies, in place of beneficial auxiliaries, from obtaining such at their expense. Although the disprorortion between Talking and Acting, between Words and Deeds in reference to the progress of Public Works in the Capital still continues to be something deplorable —we are nevertheless making steady but slow advance in the multiplication cf our Metropolitan Improve ments. The Drainage of London, and with it the Purification of the Thames, still remaining a pro blem to all appearance as difficult of solution as a riddle of the Sphinx —a nut hardly to be cracked even by the portentous Jaw of a BAZALGETTE ! Tf, however, we set that question aside indefinitely for - future consideration—doing this with as much equanimity as we can possibly muster under the circumstances—it will be admitted by the more discerning, we opine, that really we are somehow getting on pretty fairly altogether. The river, it is true, is still without even the prospect of an embankment. An opening from that Silent Highway right up to the south front of St. Paul's Cathedral has yet to be commenced. Something in the shape of an advantage remains to this very day to be taken of the void site of the vanished Fleet Prison in Farringdon-street—a site in its way about as unsightly as the gap where a front-tooth has been suddenly knocked out in a skrimmage— or rather where it has slowly decayed away some curious grinder ! The Fountains (so called) still squirt from their two burst bottles, the ginger -pop overflowing the twin dumb-waiters in Trafalgar square. NELSON, yet, continues forlornly mast. headed on the top of his Pillar in the centre of that Finest Site in Europe without the guardian ship of those Four granite Lions, which Britannia has with niggardly and grudging parsimony failed to eke out, though aided to that end by a douceur of 5001. from the coffers of the late Russian Cz ir, NICHOLAS. All this is, no doubt, quite true, and a great deal more of the like kind : but---0 we are getting famously on with our Metropolitan Improvements, nevertheless ! Are we not? Why just let us for a few moments enumerate. There is the new palace at Westminster, for instance, with its last bran new glory--. Big Ben ! To be sure, there is Big Ben—the Monster Bell that " bears off the belle" from all the other bells —the grand, booming Bourdon of Parliament. A bell that SCHILLER, alone could adequately sing the founding of—a giant labour worthy of the smithy of the CYCLOPS, or of the metil-workers of Brob dignag. To begin with then ; there is Big Ban —but no ! literally, in regard to this matter, " the least said the soonest mended !" Big Ben, we all know by this time, but too well, is fit merely to hang in the Bell-Tower of Bedlam ; or toibe used, let us say, as an appropriate signal for the meeting (whenever they do meet) of the Commissioners de Lunatico Inquirendo ! For—. Big Ben, unhappily, turns out after all to be-- cracked Wherefore, we won't begin our list of metropolitan triumphs with this one : it were but a. questionable commencement. Setting Big Ben aside, therefore, we will venture to observe—. there is the New Bridge at Chelsea! Good : there is, we repeat, the New Bridge at Chelsea. But—unfortunately here, again, we are some how at fault, for this grand new bridge, when the very best has been said of it, only, after IHE SUN, LONDON, TUESDAY EVENING NOVEMBER 17, 1857 one of the most precious liberties of man—that of conscience." SPAIN. The Madrid journals of the 12th mention a rumour that Admiral Armero is about to resign the Ministry of War, and to take that of Ma rine, retaining the Presidency of the Council ; and that one or two of the Vicalvarist (O'Don nell's) party were to be introduced into the Ca binet. The Espana says that Mr. Dodge, the United States Minister at Madrid, has sent in his re3ignation, but that he has done so en tirely from the state of health of his family, and other private considerations. Rumours of forged notes of 200 reals of the Bank of Spain being cur rent are declared by the Espana to be unfounded. A. royal decree supersedes the general direction of the marine, and makes some changes in the consti tution of that department. The Gazette notifies that the Ministers of Finance, Interior, and Public Works have ceased to act as directors of credit com panies. All the troops of the garrison had ma noeuvred in presence of the King and the Due de Montpensier. The directors of the Bank of Spain had deliberated on the propriety of raising the rate of discount, but had come to the resolution to maintain it at its present figure of 5 per cent. Some foreigners are stated to be trying to create disturb ances at Barcelona and in other parts of Catalonia ; but the authorities were aware of their movements, and were on their guard. The Staffetta of Turin of the 12th states front Naples that upwards of 400 persons implicated in a conspiracy have been arrested there in a single night. It adds that the Neapolitan police has bee❑ led to the discovery of this conspiracy, licit by any revelations of Capt. Piscane, of the Cagliari, but by Mazzini's articles in the Italiane Popoto of Genoa. "The pretended dispute," says a letter from Frankfort, " between this city and the United States is now reduced to this, that the American Coueul had some inquiries made respecting Frobel, who hag, in fact, been ordered to leave Frankfort." The Second Chamber of Denmark has just adopted the second reading of the bill lately brought before it to ensure liberty in trade and manufactures, and has agreed to the proposition of the Government fixing the let of January next as the time for its coming into operation. A letter from the Hague of the 13th says—" The Minister of Finance has presented to the Second Chamber a bill enacting that the sum of 10,515,000 florins, arising from the excess of receipts over ex penditure for some years past, and from the sale of colonial productions kb 1857, shall be paid into the sinking fund of the national debt." THB MONEY CRISIS. TO MB EDITOR ON THE SUN. SlR,—Your remarks and those of your corre spondents upen the currency question have con veyed so much instruction to myself and other readers, that I venture to ask for information re lative to some terms, which will often be used in the coming discussion. The terms to which I refer are " standard," " measure," " value," and " price," and I am the more anxious to know the truth, because in some of the London journals these terms are employed in such a manner as to produce confusion in the minds of tho,3e who study the complicated questions involved in the currency. We read, for instance, that "gold is a measure o f value, " that " gold is the standard of value," Sic., &c. ; while others say that " corn is the standard of value," and " gold is the measure of value." First with regard to standards and measures ; it is laid down by mathematicians that a measure must be some definite magnitude or quantity, having reference to a fixed standard. For ex ample, that a yard, a furlong, or a mile, are all " measures" of l eng th, b ut t h at they have all a certain ratio to the " standard " yard, which used to be kept in the Exchequer or the Tower. For scientific purposes the " standard " is a certain length calculated by means of the Seconds' Pendu lum at Greenwich ; but for commercial purposes the "standard" yard of the Exchequer is deemed sufficient. Thus in measuring length we have one fixed standard, and several measures—as yard, furlong, he., which are all in a certain proportion to the original standard, which serves as the point of de parture, or " basis of measurement." May we apply the same mathematical principle to the question of value ? That is to say, must the standard be some fixed quantity, and must the measure or measures all have some ratio to the standard ? If so, it is the height of absurdity to say that gold, corn, or auy other commodity, can be either a standard or a measure of anything. It seems to me that a shilling, a crown, or a pound, may bo measures, and that a pound sterling may be a standard of measurement ; but to say that "gold is a measure," seems as reasonable as to say that "a mountain is a measure," or that "a forest of trees is a measure." Gold may be the com modity in which the measure is calculated, hut that is quite another thing. But assuming that the Government pound sterling, of a certain weight and fineness, is the "standard," and that the shil ling, the crown, and the pound in common use aro "measures," of what are they the measures ? It can hardly be denied that they are measures of price : for if you ask a tradesman what is the price of a hat or coat, be will immediately answer "one pound," or "two pounds," as the case may be ; and by this he means that you must give one or two pounds, which are each equal to the Go vernment pound sterling, and which bear a cer tain ratio to the same. Therefore the price of commodities is measured by definite sums of money, which sums have refer ence to a standard fixed and determined by the Government. But value would exist even if there did not oxisl a single coin in the kingdom ; the exchange of coin• modities, bearing value, is the fundamental princi. pie of barter. What, then, is the "standard of value ?" and what are the measures having a ratio to that stan dard ? If the pound sterling is the " standard of value," then it coincides with the " standard of pric.," and we have no check or any means of comparing the one with the other. And yet as price and value are not the same thing, it must be desirable to have such means of comparison. If any one says that gold is the standard of value, I ask what gold ? Is it the gold at present in Eng land, or in Europe, or in the whole world ? want some definite answer, and not a vagus gene ralisation. If it be answered that the corn bushel is the standard of value, I can understand that, and can clearly see how it may be compared with the pound sterling as the standard of price. But then the corn bushel is not recognised, and it might be asked, why should corn be chosen ? The difficulty seems this—to know whether there be a standard of value as distinguished from the standard of price. For it seems that as value is the ratio of commodities compared with each other, so price is the ratio of commodities as compared with money. In ordinary conversation, we often speak of value when we ought to talk about price ; but such confusion of terms is not pardonable in the case of writers who teach the people. Above all things, the difficulty is great enough without introducing any confusion in the terms " standard" and " measure" ; for if there be any meaning in words, the standard or "standard measure" is the " basis of measurement," and the various measures are nothing else than calculations made upon the basis, according to a certain ratio. Any information upon this matter will be very acceptable.—l aw, Sir, yours respectfully, Liverpool, Nov. 16, 1857. X. Y. THE MONETARY CRISIS AT HAMBURG, ELLAIBIRG, Nov. 12.—1 n spite of the severe and xying crisis in the United States, when each suc cessive post brings the news of banks st , pping pay ment, commercial houses :failing, and bills being returned with protest, it is satisfactory to be able to state with the single exception of Messrs. Win terhof and Pieper, whose failure took place last week, the merchants of this city have hitherto jus tified the confidence reposed in them, and upheld the credit of the Hamburg Exchange. The day before yesterday (Tuesday) they were exposed to the most severe ordeal of the whole crisis, for on that day arrived simul taneously the intelligence of the stoppage of the Western Bank of Scotland, the failure of Messrs. Naylor, Vickers, and Co., Messrs. Dennistoun and Co., and a large Dutch house (F. Gallenkamp and Co., of Amsterdam), by all of which our merchants are losers to a considerable amount. In addition to this the news came of the Bank of Englaud's"rais ing their rate of discount to 10 per cent., which had the immediate effect of producing a similar rise in our own disco unt mar k et. And as if all this was not sufficient for one day, it was further reported that Prussia was going to prohibit the export of silver dollars, which, however, fortunately turned out to be a canard, put in circulation by the alarmists. But though no failures have as yet actually taken place, it is not unlikely that a good many may be looked for, if the crisis in England and America does not soon pass over, and above 20 firms are mentioned whose bankruptcy is expected iu the course of next week, and amongst whom are some of our oldest and most eminent houses. It is stated that a well-known publicist, Dr. Wollheim de Fonseca, is about to establish a new journal of colossal dimensions, to be a Rusdan political organ like Le Nord at Brussels. In spite of the sympathies felt here for everything Russian it is rather a hazardous experiment, as Hamburg . publishes at p resen t a more th a n average numb e r of political, social, and local newspapers of all sorts and sizes. Universal satisfaction has been produced here by the intelligence that at the solicitation of the Chain hers of Commerce Mr. Baines has undertaken to bring forward the question of the Stade Dues on the meeting of Parliament. A PROCURESS.—Madame Annie Rosenberg, who has achieved an infamous reputation by a long course of dis - solute practices, was on Saturday brought before Mr. • Mansfield, the stipendiary magistrate, having been appre hended early that morning, under a warrant which was issued against her at the last sessions, for keeping a disor derly house. When the warrant was issued the prisoner was in Hamburg, where she had been in the habit of visit ing periodically, for the purpose, it is alleged, of procur ing girls, whom she induces, upon various pretences, to accompany her to Liverpool, and then accomplishes their moral destruction. Early on Saturday morning she arrived in Liverpool from Hamburg, having in her charge three young Belgian girls, fer whom she had procured temporary lodgings in Everton, but whom ulti mately she intended to lure into her den of infamy and vice in Hotham-street. Fortunately, however, detective officer Smith was " on the spot," and just as Madame Annie was completing her arrangements, he tapped her gently on the shoulder, and informed her that she was " wanted." Mr. Campbell, who appeared for the psi. soner, pleaded the great hur r y o f t he capture and inabi lity of the prisoner to instruct him fully. He aekeil she could be liberated on her own recogniearices 7 Mr. Mansfield—l believe thi s woman ' s businese consists in . getting girls from Hamb urg an d other places, and im porting them into this town for infamous purposes. She is a must notorious woman in her business. My office hinavtehepemrfaotrtmere,d my duty however, is simply m i n i s t er i a l, an d I . shall by committing her under the Recorder's wa rran t . Sh e must enter into her own re cognisancem in 2001., and find two sureties in 100/. each, to appear for trial at the next sessions. Mr. Patteson, who was the prosecuting solicitor in the ease of the Lime -street " hop," also appeared to prosecute upon this occasion. The three girls, who have been thus happily rescued from th e t o il s of the procureas, will be taken care of by the police authorities until they can be re stored to their friends. The girls themselves were not in cou r t , nor di d t h e i r names transp i re . Th e prisoner is also said to have a large establishment, of a disgrace ful nature in London, where she is reported to occupy& house magnificently furnished. Rumour states that at a sale, some time ago, of tke household effects of a Liverpool gentleman, whose state of health demanded his removal to a more genial climate, she purchased . a wardrobe which had not very long previously cost its owner 400/.—Liverpool Albion. THE PRIVY COUNCIL. WINDSOR, MONDAY. Her Majesty held a Council at three o'clock this afternoon. Present--His Royal Highnesa the Prince Consort, Earl Granville, Viscount Palmerston, the Mar. quis of Lansdowne, Sir G. Grey, Mr. Secretary Labou chore, Lord Panmure, the Chancellor of the Exchequer, Sir C. Wood, the Right Hon. R. Vernon Smith, Lord Stanley of Alderley, the Duke of Argyll, the Right Hon. M. T. Baines, Earl Spencer (Lord Steward), the Duke of Wellington (Master of the Horse), and Lord Ernest Bruce (Vice Chamberlain). At the Council a proclamation was issued summoning Parliament to meet for the despatch of public business on Thursday, the 3d of December. Their Serene Highnesses Prince Soltykoff and Prince Galitzin have left the Clarendon for Paris. His Excellency the Ambassador of France came to town yesterday from St. Leonard's-on-Sea. His Excel lency returned to the coast last evening. The Duchess (Dowager) of Norfolk has left Worksop , Manor, where her grace has been staying for some time past on a visit to Lord and Lady Foley, for Eaton Hall, on a visit to the Marquis and Marchioness of West minster. The Duchess of Athole has arrived at the St. George's Hotel. The Countess of Shaftesbury and Lady Victoria Ashley arrived at their mansion in Grosvenor-square, yesterday, from St. Giles House, Dorsetshire. His lordship is expected in town to-day. The Earl of Gifford has returned to town from Yester House, Haddingtonshire. The Earl and Countess of Shannon gave a select party at Castle-Martyr, near Cork. Colonel the Right Hon. William and Lady Louisa Tighe have joined the party from Woodstock. The Earl of Enniskillen has arrived at his seat, Florencecourt, in Ireland. The Hon. Col. Cole. M.P., has within the last few days also arrived at Florence court. The Earl and Countesa Somers have taken a residence io Rome, in wh'ch city the noble earl and countess propose to pass the winter. Viscount and Viscountess Newport are passing the season at Devonport House, Bridgnorth, Shropshire. Viscount and Viscountess Lismore leave England the beginning of the ensuing month for the Continent. The noble lord and her ladyship are expected at their new reside❑ce in Wilton-crescent, in a day or two, from Ireland. Lord and Lady Lyndhurst and the Hon. Miss Copley have returned to town from St. Leonard's-an-Sea, where they have been staying for some time past. Lord George and Lady Adeliza Manners have left Cheveley Pare on a visit to the Duke of Rutland at Belvoir Castle, Leicestershire. The noble lord and her ladyship are expected in town the latter end of the week. Lord Dufferin has left Yester House, where be has been stayinE on a visit to the Marquis of Tweeddale for some time past, for Chillingham Castle, on a visit to Lord and Lady Olivia Oeiu!ston. Lord and Lady Harry Vane arrived at their mansion, in Grosvenor-place, on Saturday, from Cheveaing Park, Kent, where they have been staying on a visit with the Earl and Countess Stanhope. Lord Huntingfield has arrived at the St. George's Hotel. Lady Charlotte Wolfe and the Ladies Hutchinson have arrived at Claridge's Hotel, fr m Dublin. We regret to learn that Rear-Admiral Graham had VI apoplectic selture on Sunday evening, and great fears are entertained as to his recovery. Mr. and Mrs. Sheppard have arrived at Farrance's Hotel, Belgravia, from their scat, Camseyashe, near Woolbridge, Suffolk. THE SIAMESE PRINCES, —The visit of the above princes to Queen Victoria at Windsor Castle, which was put off owing to the death of the Duchess de Nemours, is now fixed for Thursday next. Their Royal Highnesses are expected to arrive at Windsor by a special train of the Great Western Railway at one o'clock, and proceed di rect to the Castle, where a magnificent entertainment will be provided for them in the Waterloo Chamber. The Seringapatam left Melbourne on the 15th Ang. with 12,180 ounces of gold, and the Essex on the Bth of Sept. with 105,255 oz., together valued at 469,7401. The Great Britain sailed from Sydney on the 3d of Sep tember with 5,7121. The Robert Lowe steamer, with troops, had arrived at the Cape of Good Hope on her way to India; also the Beechworth, sailing transport. This news has come via Ceylon. The mail from the Mauritius is stated to be on board the same vessel as the Australian mails. At a meeting of creditors of Messrs. Wilson, Hallett, and Co. whose suspension was announced on the 2d inst., held at Liverpool on Friday, it was resolved to wind up the estate under inspection. The demand for discount at the Bank yesterday was again extremely heavy, and it is presumed that the in fringement of the Act of 1844 must have made further considerable progress. At Hamburg the rate of discount has receded to 9 f per cent. A further total of about 130,000 sovereigns was despatched to Ireland yesterday. —Times. In consequence of the news just received from India the authorities at the Horse Guards have decided that the whole of the officers belonging to regiments in that country who are now at home on leave shall proceed forthwith to join the head-quarters of their respective corps. It is said that the arrangement for the Cunard steamer Africa, which left Liverpool for New York this morning, to call at Cape Race, so that the news of the suspension of the Bank Charter Act might be telegraphed from Newfoundland, has been defeated by the Admiralty agent ni.t having attempted to send the requisite autho rity to her commander until two hours after the vessel had sailed. The Vanderbilt, however, which left South ampton yesterday, has been ordered to touch at that point. A letter (says the Literary Gazette) has just been received from Madame Ida Pfeiffer, from Tacariva, ie Madagascar, in which she says that she is in good health, and has been extremely well received in the is►and. The day previously she had been invited to court, to play on the pianoforte, and had given so much satisfaction that she wai immediately presented with a quantity of fowls and eggs in recognition of her musical powers. RUSSIA. Le No d publishes the text of the rescript by which, with the exception of Anapa, Soukhoum- Kale, and Redout-Kale, all other Russian ports on the coast of the Black Sea are closed to the ves sels of the other Powers. It is as follows : " Since -the restoration of peace some doubts may have arisen relative to the navigation and commerce of foreign nations in the Black Sea. It is therefore, with a view to put an end to doubt on the subject that the Imperial Government deems it advisable to make the following communication to the public, and especially to foreign commerce. " As solemnly proclaimed by the Treaty of Paris, the waters and the ports of the Black Sea are open to the commercial navies of all nations. Free from all restric tions, commerce in the waters and ports of the Black Sea is subject on:y to regulations of quarantine, cus tows, and police, in a spirit favourable to commercial transactions. " Such are the express terms of the Treaty of Paris. It is the intention of the Imperial Government to adhere scrupulously thereto in so far as it is concerned. " But the regulations for health, customs, and police, however liberal may be the spirit in which they arc con ceived, renders necessary measurns surveillance, and along the Asiatic coast of the Black Sea they are doubly necessary in consequence of the internal state of the provinces of the Caucasus. " Establishments for quarantine and customs exist at Anapa, Sonkboum-Kale, and Redoubt-Kale. Consee queatly, for the moment, those three points are alone open to foreign vessels. If, eventually, circumstances should allow the establishment, of customs and quarantine offices in other localities on the said coast, and to admit thereto foreign vessels, due notice will be given to com merce. Meantime the approach of the ports, bays, and havens on the Asiatic coast, with the exception of Anapa, Soukhoute-Kale, and %/dont Kale, is prohibited to foreign vessels. . "To certify the regularity of their destination foreign vessels are bound to bare their ship papers vised by the Russian consular agantP. " The Imperial Government does not wish in any manner to obstruct or impede the development of licit ant regular commercial transactions. It is in the 'sani tary interest of its coasts much more than in a fiscal interest, it is in the interest of public order, as benefi cial to foreign commercial transactions as to those of the natives themselves, that the Imperial Go vernment will enforce—as it has a perfect right to do —the observance of the restrictions above announced. Any attempt o f t h e masters o f f ore i gn s hips to commu nicate with the coast—with the exception of Anapa, Soukhoum-K a l e, and Redout- K a l e — w ill th e refo re ren der it nec essary for the Russ i an au th or ities to h ave recourse to th ose measures o f repress i on e s t a bli s h e d against s mugg li ng, and against every infringement of the sanitary la ws . T hose who expose th ems elv es th ere t o must take the consequences of their conduct upon themselves." SWEDEN. " The recent rejection by the Swedish Diet," says the Independance of Brussels, "of the govern men t bill for modifying in a liberal spirit the exist ing laws on religious matters has drawn forth almost universal blame from the press of all countries. This expression of opinion on the part of most of the journals of Europe has caused a certain sensa tion in Sweden; but it would be difficult to say to what extent it has modified the disposition of the country, to be remark e d t h at, though t h e government was and of its legal representatives. It i s reproached for not having presented a more liberal measure to the Diet, it knew well that, from the sentiment of the assembly, no more liberal one bad a chance of being adopted. It is now clearly proved that it would have been foolish to think of going further under present cir cumstances, and all that can be desired for the movement is that the Cabinet of Stockholm shall persevere in th e sent i ments of toleration. It is to be hoped, h owever, that Sweden, enlightened by the sentime n t itself in all p arts of Europe, will understand t h a t which has spontaneously manifested sho must place herself on a level with the spirit of the times, and that it is impossible for her, as for evelyother power, to maintain henceforth a semi barbarous system of legislation which enchains PRINCESS'S THEATRE. An amusingly extravagant farce, entitled " A Case of Conscience," in which ample scope is afforded to the comic talents of Mr. David Fisher, was produced here last evening. The hero, Mr. Clamber, is kept from nearly the outset in a ludicrous condition of suffering from the embarrassment of riches, which appear to have befallen him through a rather improbable species of assassination, which he imagines he has effected on a denizen of the Celestial Empire by touching a spring in London. A pocketbook containing 5,0001., which he finds lying at his feet, and which he fancies is the pro duct of supernatural agency in consequence of his at tempt against the life of "John Chinaman," he fruit lessly tries various expedients to get rid of, as if it was another bottle imp, especially when he discovers that his sudden accession to opulence is as distasteful to the brother of his beloved Lucretia, as was his pre- vious poverty. The real owner of the notes is, however, discovered, after Clamber has sent them to a friendly stockbroker, with instructions to operate for a rise, while there is a general fall in the market. The effect of this movement was in consequence of a sudden rise in stocks, to turn the five thousand into ten, which sets matters right to the satisfaction of all parties—the scruples against uloney of the brother, Mr. Seneca Stokes, being finally vakquished. The good acting of Miss Murray, Miss Rose Leclercq, and Messrs. F. Cooke, Raymond, and Everett, contributed to the suc cess of this joyous trifle, which was received with uni- versal favour by a crowded audience. The scenic splendours of " The Tempest" are to be withdrawn after next week, when " Richard the Second" will be revived, and played up to Christmas. We should, therefore, advise every one desirous of wit. nessing one of the masterpieces of the great enchanter, to avail himself of the golden opportunity. CITY OF LONDON THEATRE. The new prize drama of the " Village Born Beauty" seems to have take* the East-end by storm ; this is the fourth week and yet the doors are besieged at an early hour each evening. No drama for years has made such a powerful impression. It seems as if the ladies liked to go to a theatre for the purpose of crying, and so impres• sive is this piece, that gentlemen yield to the impulse of nature, and down their cheeks may be seen the tear of pity for the fate of poor Lucy Wentworth, the unfortu nate heroine. The fall of Delhi winds up a very agree able evening's performance. Mr. Nelson Lee is up to his eyes in pantomimes, he this season writes 28 in the country and 4 in London. ALPHABETICAL LIST OF CASUALTIES DU.RINO THE MUTINIES. In continuation of the lists published in the Homeetard if ail of the 16th Sept., Ist, 16th, and 20th Oct. Allen, Assistant Surgeon James Bedford Anderson, John Grattan, Civil Engineer, Cawnpore Anderson, Mrs. J. G., Cawnpore Bateman, Lieut. Re Arland, her Majesty's 64th Regiment Bayne, Mr., East India Railway, Cawnporo Benn, Mr., East India Railway, Delhi Berkeley, Leopold, Uncovenanted Civil Service, Lahore Briscoe, Lieut. Edwd. Villiers, her Majestv's 75th Regt. Cooper, Major George Lewis, Bengal Artillery Delyell, Lieut.-Colonel Thomas, 423 Bengal Native Inf. Davidson, Ensign John Tierney, 26th Bengal Nat. Inf. Greathed, Hervey Harris, Bengal Civil Service Grierson, Lieut. Thos. Beattie, her Majesty's Bth Foot. Hausa, Mr., East India Railway, Cawnpore Harris, Capt. Robert Robison, 6 7th Bengal Native Tnf. Henderson, Ensign Robt. Win., 7 2 d Bengal Native Inf. Henry. Lieut. James Wm., 33 Bombay European Regt. Hobson, Mr., East India Railway, Allahabad Hoe.fray, Lisut. Robert Popkin, 17th Bengal Native Infantry Hunt, Captain Robert, her Majesty's 61st Regiment. Johnson, Ensign Thomas Boswell, 28th Bengal Native Lifautry La Touche, Mr., East India Railway, Cawnpore Macaulay, Assistant-Surgeon Robert Welbank M'Gregor, Lieutenant Francis Alexander Robt. Murray, 52d Bengal Native Infantry Miller, Mr., East India Railway, Cawnpore Neill, Gen. James George Smith, let Madras Fusiliers Nicholson, Gen. John, 27th Bengal Native Infaetry Ommaney, Manaton, Collingwood, Bengal Civil Service Pakenhain, Lieutenant, her Majesty 's 84th F oot Pogeon, Lieut. W. Waldegrave, her Majesty's Bth Foot Robertson, Lieut. Colin Alexander, 28th Bengal Native Infantry Scott, Ensign E. Cadell, 28th Bengal Native Infantry Smith, Lieutenant Robert Arthur, Bengal Artillery Taylor, Mr., East ludia Railway, Delhi Tytler, Lieutenant, her Majesty's 60th Rifles Webb, Lieut. J. V. W. Henry, her Majesty's Bth Foot Webster, Lieut. Joseph, her Majeetv'e 78th Highlanders White, Ensign, 28th Bengal Native Infantry Wild, Lieut. E. John, 49th Bengal Native Infantry The following were included in various lists of casua. ties, but we have since been glad to learn that the off cers named have escaped : Edgell, Captain R. John, 53d Bengal Native Infantry Robertson, Major Alexander, Bengal Artillery Roemer, Captain C. Potts, her Majesty's 6th Dragoons MARKET NEWS. —(This Day.) HAY MARKETS. fbarririELD.—Meadow hay, 2/ lOs to 41 Os; clover 3/ 10s to 5/ Oa; and straw, 1/ 6s to 1/ 10a per load, Trade steady. CII MBERLAND.—Meadow hay, 2/ 103 to 4/ Os; clover, 3/ lOs t o 51 O s ; and straw, 11 6s to 11 lOs per load. A fair supply. W HITECELIPEL.—Meadow hay, 2/ lOs to 41 Os ; clover, 31 10s to 5/ Os ; and straw, 1/ 6s to 1/ 10s per load Supply good, and trade dull. COLONIAL. TEA.—This market has slightly improved, common congou having advanced le Id per lb„ with the usual prompt. SUGAR.—The inquiry has been active for good grocery qualities, at an advance of about 3s per cwt. on the lowest prices current last week. There is, however, little dispo sition shown on the part of holders to effect sales. In the refined market Si fair inquiry has sprung up for dried goods, and an advance on dried goods may be quoted of 2s Gd to 3s Gd per cwt. COFFEE,—For Plantation Ceylon there is a steady de mand, and last Tuesday's rates have boon refused by. holders. Some few sales have been effected at a slight im provement. RICE.—The market is dull, and little improvement ..an be noted in value. Rum.—Business is very inactive, and no salo of import ance has been reported. FRUlT.—Prices remain steady. There is yet little en• quiry for new currants, and good qualities fully maint a i n their value. t;aLTPETRE.—The market is inactive, no sales having been rt-porte 1. TALLOW.—The market is flat, and very few sales have been effected. P.Y.C. on the spot is quoted tiOs; all the year, 48s 6d ; January to March, 50 s per cwt. south American, 46s 6cl; Australian beef, 51s 6d per cwt. POLISH MEETING ON INDIA. (THIS DAY.) To-day being the anniversary of the death of Lord Dudley Stuart, a meeting of the Polish Historical So ciety was held at Sussex-chambers, Duke-street, St. James's, to commemorate the memory of the departed champion of the Polish cause. In the absence from London of Colonel L. Szyrma, president, the chair was occupied by the vice-president, Major C. SZULCZEWS/EI, who thus addressed the meet ing :—Another year has passed over our heads, and, es regards the world in general, the veil of oblivion has been drawn closer still around our beloved fatherland. But we who know that this veil covers not a dead nationality (as Russia would have the world believe, whose element' are being rapidly transmitted into a second Russia), but - a living body, still ins ti nct w ith t h e energy of patriotism and the love of freedom and independence ; we have met once more on this anniversary of a most painful loss to give a proof of this enduring national life, by express ing in the name of P o l an d h er un d y i ng remembrance • and gratitude to, L or d D u dl ey S tuart, the faithful fr i en d who, for so many years, had un f ur l e d th e standar d o f her independe n c e , seeking to rally around it the sympathies of Europe, and w h o may be said to have di e d, as be had lived, for i our cause. When his memory shall have perished from aaong us, then, indeed, we may say that all bops for Poland is gone ; for a nation that forgets its benela°' tors, and particularly such as have exerted themselves in the interest of its highest spiritual life, will soon Joe its self-respect, and with this all that renders it most worthy of independence. But, thank God, so low W, 4 / Poles have not f a ll en . D eep i n our hearts we still cher i sh the remembrance of those who have stood by ns in out adversity, and, above all others, the remembrance of Oa who was taken from among us on this day three yea / ago. To dwell in detail on the great services rendered by Lord Dudley Stuart to our cause would be super' fluous in an assembly where every member is as familiar with then* as myself ; but it will, perhaps, ° °t be out of place, as a tribute to the memory of the poli tical sagacity which he always evinced, as regards the cause so dear to his heart, to point to the present state of political affairs in the Danubian Principalities, where , once more, is being verified what he so often said, thst Russia's subtlest and most victorious battles were fought in the sphere of diplomacy —where her greatest triumphs were generally achi eve d a f ter a s i gnal defeat in the field . And as a piece of intelligence that would have been gratifying above everything to the friend, to honour whose memory we have assembled, and which ought to be most cheering to us, I would farther mention that all the authentic information that we obtain from Pelaed continues still to show how well-founded was the hope we entertained during the recent great European cow filet, that the people of Poland was fully prepared t° rise against its oppressors had the Allies but gives the signal, and to prove that the hope of independence is still the loadetar of the nation. As an unbiassed testimony to the feelings that animate our coup' trymen at home, I may mention that as English - man very recently returned from Poland, after * long residence there,anci on being asked the other day, by one who was inclined to believe in th e rumours so diligently spread by Russian agents/ whether it was true that there was no Palish patriots except among the emigration, exclaimed with flashing eyes—" True 1 nay, nothing can be more false On the contrary there is not a P o l e w h o i s not a patriot 1" I, was from the love of his own happy country and front his appreciation of its free and ennobling institutions that sprung, in the first instance, Lord Dudley Stuart e sympathy with the wrongs of Poland, and I may, there' fore, be permitted in connection with his name to say few words in allusion to the terrific struggle in whiol this country is a t p resen t engage d , and for its successful issue, for which it has the warmest wishes of ever/ lover of mankind. Some few, indeed, there are whose feelings outstripping their judgment, seem to place 00 Indian mutiny i n th e same category as the ri-ing of th o m oppressed nati ona liti es i n E urope, and who aintaiai that the Hindoos ha ve th e same claim to support and sympathy as Poles, and Hungarians and Italians. 13 1 supposing, even th a t thi s was not a national movement • in India, which there is, however, not reason for belie' ing—shall we allow the noble efforts of civilised natio o to throw off the yoke of foreign despots, who are endea vouring to stifle every expression of this national life, to be confounded with the purposeless rising of bar.: barian hordes against a G overnment, w hi ch, t h ou gh 1: be of foreign race, a n d th oug h it may have b een sotne_ times mistaken ae regard s a d m i n i s t rat i ve measu res, ever; evinced a sincere desire to rule them with j"" and mildness, and has c arr i e d it s respec t for their i national peculiarities and religion so far, as even to 1 10 this tolerance held up ag a i ns t it, as a ma tt er for scorn and reproach. Shall we allow the sacred cause of national liberty and independence, and the open and honourable warfare of chivalrous and highly principled patriots, to be confounded with the cause of a set of cowardly y tb d a e n ed b a ut o o f he -v ry al : ti e r f c a o n n d si t s r t ea in ch t e h ro e u b s u r t u ch ffi e a r n y s , , a w nd ho w se or o s n e l helpless infants and defenceless women, and whose sole aim seems plunder I Nay, every manly feeling revolts against the idea of such an indentification of causes, and I am sure, I may say, in the name of all Polish patriots at least, that our sincerest wishes are for the success of tbe nation which has for so many years afforded us generous hospitality, and of the country that is the chief re presentative of liberty, true order, and independence in the world. Major GDILGIID, in paying a touching tribute of re; spect to the memory of Lord Dudley Stuart, observed that the Poles in this country are not indifferent to the fearful struggle now going on in India, and are anxiole to convince the British public of their feelings in that respect. He then proposed the following resolution "That this meeting deeply sympathises with the disasters which have befallen England in her India te empire; and, grateful fo r th e generous hospitalitywhich feelings she long afford e d t o th e P o l es, b egs t o t e stify its by contributing, as far as th e mean s of the refugees allow, to the fund which is now being raise,d, for the relief of the sufferers from the Indian mutiny. Colonel B. WIERGINSIEI seconded the resolution, and said that it would be difficult to define the tendency of the revolt in India, but he could not contem plate, without shuddering, the massacre of i nt r cent children and women, wh i ch had nothing to d o with . _ the subjugati on o f I n di a. He felt horrified at the deed' of Nana Sahib—for, supposing the movement in Indent were even a national one, such deeds as were committe d by that monster would, certainly, in the opinion of every man, soil for ever the cause of so unscrupulous an asses; sin. This recalled to his (Colonel's) memory the sots of the late Empero r Ni c h o l as , i n 18 31, during the late P o lish war of independence, when the Cossacks whose Hata:lsl or Chief was the present Emperor, cut Off the breasts °I all Polish women at Oiamiana. The p rese nt Empero r begged his f a th er , on hi s knees , to bestow a med al of honour on th e reg i ment which had comm i tte d n , a barbarous at roc i t y on that unoffending claim Yet none of the foreign prints had the boldness of informing the English p u bli c o f t h at fact. Now Alexan d e r and s Nana Sahib m a y p ass to posterity as brot h ers in erins committed upon the w ea k er c l ass o f h uma nity who m every law, human and divine, confides to general Pro' Several other gentlemen addressed the meeting, wilich separated alter avote of thanks to tbes cbairatan. A t-um of 51. 51. was subscribed, chiefly in amounts from 6d. to a few shillings , which will be duly forwarded to the Indian Relief Fund. We learn from Stockholm that the house of Bfesers. Johns and Co., of that city, has engaged to supply the loan of 20,000,000 of rix thalers banco to the Govors ment to carry out the railway schemes, at an interest of 5 5-6ths per cent., and to be liquidated at par in the space of 40 years. The Rev. William Hamilton, 8.A., has beef licensed by the Lord Bishop of Chester to the stipendiary cured of the parish church of Warrington, Lancashire, on the nomination of the Rev. William Quekett, the rector, who has recently obtained a license of non-resi dence on account of ill-health., TH RUN OF THE SimLe.—The extraordinary run. of this powerful steamer is highly creditable to Captain Cooper, her respected commenoer. She arrived at Port Philip on Wednesday night, Sept. 2, having made the passage from Suez in 37 days, bringing English intelli gence to the ] 7th July—the shortest time on record. The following are the Gates of arrival and departure:--e From Suez 26th July, at 11 p.m ; arrived at Aden 15 1 August 8 a.m. ; sailed 2d August, 6 a.m. ; arrived at Galle 10th, at 7 a.m. ; sailed again 12th, at 2,p.m. ; ar rived at Melbourne 2d Sept., at 11 p.m. We were fa' voured by Mr. Smith, the purser, with files of the latest papers, also our correspondent's despatches, which wer e promptly handed to us by Captain Walker, of theWroag a Wonga. The intelligence by the Simla has thus been received four days in advance. She sailed from Mel bourne Heads at 9 p.m., on Friday, the 4th, and 110 , 1° .: to for a pilot off th e S y d ney Li ghthouse on SunnaJ night, at 9 o'clock, thus snaking the passage in 48 hea r "' Captain C oo p er s t a t es th at h e experienced strong Se"' winds all the way from Gallo to the Leuwen; or bis till would have been shortened considerably. The Rol a Mail steam-ship European arrived at Point de Gallo o¢ the 21st, and sailed again on 3d July.—Sydney /fern"' ireretd. Semi' Time AT PRESTON.—With the exception Of 6" or six firm, the whole of the cotton manufacturers an d spinners in Preston have either closed their mills elOg e. t ther or have commenced working short tim e , the latter being the course generally ad o pt e d. Th ere a re abou t 70 different mills in the town, three and in sone instanc e four mills being worked and belonging to one firm. In these 70 mills it is calculated that not less than 20,00,f persons are employed ; and some idea of the depress' s ` state of the staple trade of the town and its immedia te , district may be formed when it is an a ccre dit e d fact th a t the average employment of 20,000 bands does not exceed at present more than three full days per week. Of course this state of things has not existed until w ithi n the pa st few days, several of the largest firms in the town having within that period commenced working short time. The district for a few miles rou n d Preston is also similarly affected. At Walton, Moon's Mill, Bamber-bridg es Chorloy, Saralcalenry, Fari ng t on , an d H e ghton, places within a radius of five miles of Preston, the mill: owners have been compelled to resort to the alternative of short time. In two of the townships named three or four mills have been entirely stopped, and throughout the Prow. Lou Union commercial matters have experienced sucla severe check th a t num b ers o f families have been compelled to seek relief from the hands of the parochial authorities, who being nneble, under the existing regulations of the Poor-law Board, to grant necessary relief to the cants, who a re c hi e fl y ablebodied persons, have writ ten to the general board in London, requesting the ra th toe cancel such an ab s urd regulation. The poverty in union is very great, and every day adds to its quota.