The Sun. — London, England, 1857-11-13 00:00:00

MONEY MARKET COMMERCIAL INTELLIGENCE. CITY, Two O'CLOCK. The Liverpool Cotton Market yesterday closed quietly, and values continue to decline. The sales were estimated at 1,500 bales, The Railway Share Market closed flatly, and all the lelding stocks have declined in price. The Markets for Foreign and Colonial Produce this week have been very depressed, the perplex ities of the money market, and the contraction of the retail demand having limited operations in all de- partments. Since the crisis commenced the fall in produce has been •ery extensive, but most articles are still dear. Holders of sugar have withdrawn a large quantity of what has been intended for immediate sale ; and this has tended to prevent a decline. Coffee has been at lower rates, tea is dull but steady, and most other de scriptions have remained very heavy. Yesterday afternoon when it became known that Government had come to the assistance of the Bank, greater firmness prevailed, and tallow, as well as some other articles, have advanced. The last series of wool sales for the present year commenced yesterday evening with a rather large attendance of buyers, both home and foreign, but the biddings were dull, owing to the high rates current for money, which prevented any speculative transactions being entered into. Compared with the prices realised at the conclusion of the last July sales, Sydney and Port Philip wools went at a de cline of about lid. to 2d., and Cape wools 2d. to 20. per lb. lower. The quantity to be offered at this series is about 44,000 bales, the greater portion of whieh is Cape wool. After the receipt of the Treasury letter the Bank Directors issued the following notification, which, as may be imagined, produced intense excitement : " The Governors of the Bank of England give notice that they have received a letter from the First Lord of the Treasury and the Chancellor of the Exchequer, authorising a further issue of Notes on approved securities at a rate of interest not less than 10 per cent." It is impossible to disguise the fact that the Minis terial Letter has calmed the excitement which pre ♦iously prevailed. As far as can be judged at pre sent, the crisis is over, but the Bank Charter Act has again proved unequal to the functions which have been assigned to it. Power is granted to issue additional notes, but the conditions:are burdensome, and, although an attempt is made to support the old system as much as possible, the Government will no doubt be convinced ere long that an increased circulation is imperatively necessary. The period has approached when the plan so exclusively advo cated by The Sun must be adopted. Small notes are desired by all classes, and although a temporary delay may ensue, the general wish may be complied with at the next meeting of Parliament. The question will then be thoroughly and disinterestedly discussed, and if the commer cial public act with determination, there is every reason to hope that they will be relieved from the trammels of the existing system. It has been ordered that notes may be issued, unrepre sented by bullion on "approved securities," pro vided the minimum is kept up at 10 per cent. By " approved securities" is meant good commercial bills, produce warrants, and so forth, but not Consols, and the relief that must neces sarily be afforded to trade will be iastantly felt. Indeed, a better feeling has already been generated, and in Mincing-lane a tendency towards improvement is discernible. Confidence had re ceived a severe blow, and the step, which was absolutely forced upon the Government, will have a restorative effect. No time must be lost in agitating for currency reform, but it cannot be supposed that merchants and others pill be so apathetic as to allow the present oppor tunity to pass away. The alteration is of a too recent date to exhibit its full influence in various departments of business, but the opinions expressed are satisfactory, the accounts from Liverpool state that the announcement produced hilarity and the funds have manifested increased buoyancy. At a meeting of the creditors of Messrs. Holy and Co., who recently suspended, it has been an nounced that the estate will probably realise 10s. to 15s. in the pound.. In. Mincing-lane, today, the various markets appear a shade firmer. The holders, who had hitherto shown a disposition to sell, now appear unwilling to do so, unless at a slight advance. Tea is about /d. per pound dearer, and sugar is also at a slight advance, but it is almost too early to pre dict what effect the financial regulations of the Bank will exercise. It is believed that the Bank will not lend upon stock, but the point has not yet been decided upon. Sovereigns are again sent to Scotland. Two small failures are spoken of, but they are not important. The Market for English Securities presents a somewhat different appearance from what was gene rally anticipated. The advance which commenced yesterday afternoon, has not been sustained, but, on the contrary, a reduction has been produced by the rumour that the Bank will not make advances upon Consols. This determination would affect the speculators more than the general pub lic, and, if adopted, it is not likely to detract from the efficacy of the measure of relief announced yesterday. On the contrary, it may give a beneficial influence by repressing speculation. Through the effect thus produced, there have been some large sales by speculators who have bought at lower prices, which, together with the fear that some commercial failures may yet take place, has created a heavy tone. Consols for money have been largely dealt in, and the present prices are 89k For account they are 89i The . New 3 per Cents. are 88k and also the Reduced. Bank Stock, 2091. Exchequer Bills, 30s. to 2so. discount. Business in the Foreign Stock Market is inac tive, and prioes are generally without any important change. Turkish 6 per Cents. are 87A 88 ; ditto 4 per Cents., 96t ; Brazilian 6 per Cents., 98/ 9 3 / 4 ; Grenada 2k per Cents., 18 ; Spanish New Deferred, 25i ; Belgian 4 3 / 4 per Cents., 93 ; and ditto 4 Cents., 961. The following are the nominal prices of Foreign Stocks :—Grenada Deferred Bonds, 5 6 ; Mexi can, 18 181 ; Peruvian, 73 75 ; ditto 3 per Cents., 50 52 ; Portuguese 3 per Cents., 42i 43 3 / 4 ; Russian 5 per Cents., 104 106 ; ditto 4i per Cents., 95 97 ; Spanish 3 per Cents., 40 40} ; ditto New Deferred, 25 25k. Messrs. D. Bell, Son and Co., give the following its the prices of American securities : GOVERNMENT SECURITIES. United St a t es 6 per Cents. Redeemable. Per C en t .... .. 6 7-1868._ 105 18 United Stat es 6 per Cent. Bonds .......... 1868...103 105 STATE SECURITIES. Alabama 5 per Cent ..... . ........... . .... . ... Maryland 5 per Cent. (Sterling Bonds)... Massachusetts 5 per Cent. (Sterl. Bonds). Mississippi 6 per Cent. Pl. Bk. Bonds lB4l-1871._ 4 0 42 Mississippi 5 per Cent. Union Bk. Bonds ... 20 2L 76 70 72 Pennsylvania 5 per Cent. Stock '... 74 Pennsylvania 5 per Cent. Bonds 87 7 • .. •• Tennessee 6 per Cent. Bonds - Virginia 6 per Cent. Bonds 1886... 75 78 Virginia 5 per Cent. (Sterling Bonds) 1888... 80 LOANS OF CITIES. Boston 4i per Cent. Bonds 1883... 83 20 Montreal 6 per Cent. 80nd5......... 185 New Orl eans 6 p er C en t. Stock 1883... RAILROAD BONDS. Illinois Central 7 per Cent. let Mortgage, not Con ver tibl e 1875— 71 73 Illinois C en t ra l 6 per Cent 1875... 71 73 Illinois Central 7 per Cent. Freeland Bonds ............. . Ainois Central (ShareS), VO Do. do. do. ........ 1869... 76 7 8 New York Central 7p. Cent.;Co - nVert 1864.- 88 90 New York Central 6 per Cent., not Convertible ...............1883... 68 72 , . ............... New York and Erie 7 per ... 3d. Mort gage ....................................•.. 1883... 60 N. York and Erie 7p. Cent. Convert. ib1e..1862... 35 40 N. York and Erie 7 per Cent. Sinking Fund. .......................................... 1875... 38 40 Panama 7 per Cent., let Mortgage ........... 186 - Pennsylvania Central 6P. Cent., Ist M0rt.1880... 80 84 The Ra,flway Share market has hen exceetlin ,, buoyant, c.dd pries generally advanced about to 2 per cent., more particularly Caledonians, which have improved fully 5 per cent. Manches ter, Sheffield, and Lincoln, and North-Eastern ... 78 ... 89 90 ••• 26 96 THE SUN, LONDON, FRIDAY EVENING NOVEMBER 13, 1857. (Berwick) advanced 11. ; Eastern Counties, South- Western, and North-Eastern (York), 11. 10s.; and Lancashire and Yorkshire, Brighton, North-West ern, Midland, Norfolk, North British, and South- Eastern, 2/. The Foreign lines have been ne glected, and the Colonial undertakings are at im proved quotations. Grand Trunk of Canada ad vanced 3/. ; and Great Western of Canada, 1/. 10s. Mining Shares are very quiet at about former values. Joint-Stock Bank Shares were in moderate re quest. London Joint Stock declined 10s. ; and Bank of Australasia, 2/. ; Oriental Bank and Ot toman Bank are at former quotations. Miscellaneous Shares were quiet, and exhibited no change requiring special report. National Dis count Company Shares are 21 to 2i. BR (TISH FUNDS.—CLOSING PRICES —THIS DAY. (From the Official List:) Business done. 'sank Stock vent. Reduced Annuities BBa a per Cent (),I nso l e knnwtieb B9a 6 6* 191 New 3 per Cent. Annuities BB6 1 ~oLia. Annuities, expire stt , .lan. 1860... Ditto 30 Years, expire sth April, 1885 l7# ,101_ sols for Account Ez.Theotter Bills, 20 _lOOO ~........ 500 S , all Fxchequer Bonds, 1858, 26 per Cent 9Bi n Ditto, 1 , 359 PRICES OF FOREIGN FUNDS—THIS DAY. Brazilian 5 per Cent. , renada New Active, 24 per Cent. lB M.xican 3 per gent lB 171 Peruvian Bonds, 46 per Cent 74 Russian Bonds, 1 , 122, £ St., 5 per Cent — Ditto, 44 per Cent. ip lash Bouda, 3 per Cent. Ditto New Deferred, 3 per Cent. urkibh , ) , onds, par cent • B7 Ditto Guaranteed, 4 per Cent. Dividends on the above payable in London. Belgian 26 per Cent., ex. 25 francs Do. 41 per Cent.. ex. 25 francs... Dutch Exe, ange, '26 per Cenz., 12 Guilders 631 Do. 4 per Cent. Certificates THREE O'CLOCK. Consols, money Ditto •cconnt (December 7) LAW INTELLIGENCE.--(lhis Day.) COURT OF QUEEN'S BENCH. :sittings in Banon before Lord Campbell, Justices Cole- ridge and Wightman.) THE ROYAL BRITISH BANK,-THE ATTORNEY - GENERAL V. ESDAILIC AND FIVE OTHERS. Mr. Edwin James, Q C., applied this morning for a rule calling upon the Attorney-General to show cause why he should not deliver to the defendants particulars of the specific, nature of the charges intended to be relied on on the second, fourth, sixth, eighth, and tenth counts of the information. There were three informations— one against Esdaile and others, the second against Brown and others, and the third against Stapleton and others, filed•by the Attorney-General, alleging general misconduct in the management of the Royal British Bank, and in the twelfth count the defendants were charged generally with conspiracy ; and he should mention that a similar application as that he was then making had been made to Mr. Justice Crompton, at chambers, who nad had made an order for the delivery of particulars on the twelfth count, but declined to do so to the other , ounts. The counts upon which he did not apply con tained specified charges ; but those counts were followed by counts containing general charges only, and he might , Iraw their lordships attention to the nature of those counts. The defendants were there charged with being evil-disposed persons, and with having published a certain statement to the shareholders with intent to defraud. That was too general a charge, and the defen dants were entitled to particulars of the particular offenoe, unless they were to understand that the same offence and the same evidence was to be relied upon as that contained in the specific charges, in order that that they might not be called on to answer another charge. Lord Campbell said that no doubt the accused are entitled to know with what they are charged, and if the count was too general. Mr. Edwin James said it bad been so laid down by Lord Denman. After some further remarks the court granted the BAIL COURT. (Before Mr. Justice Erie and a Common Jury.) AUSTIN V. BRIDGET.-EREACH OF PROMISE OR MARRIAGE. This was an action brought by the plaintiff, a young woman about 24 years of age, against the defendant, a keeper of saw mills, near Cockle-point, Rotherhite, for a breach of promise of marriage. It appeared from the evidence of the plaintiff that she lived in the de fendant's service as his servant, and whilst there she became in the family-way by him. She was taken to his father's house by the defendant in his carriage, after the child's birth, and remained there for some time, the defendant paying the expenses, and visit ing her often, telling her cousin that as soon as his eldest son was married he would make "Polly his wife." After his son's marriage he refused to keep his promise, alleging that were he to do so before his youngest son was off his bands, there would be " hell upon earth." The child was christened in the defendant's same, and it died shortly after, when the defendant paid the funeral expenses. The plaintiff was afterwards obliged again to enter service. The jury returned a ♦erdict for the plaintiff. Damages, 501. POLICE INTriLLTGENCE.—(This Day.) MARLBORO UGH-STREET. ASSAULT ON THE POLICE BY GENTLEMAN'S SERVANTS. —John Letford, footman, and Philip Pearce, coachman, in the service of General Sir Archibald Maclaine, G.C.8., 13, Cumberland-street, Hyde-park, were charged before Mr. Bingham with violently assaulting and resisting the police while in the execution of their duty. Police Constable 63 C stated that last night, about 11 o'clock, he was on duty near the Haymarket Theatre, in plain clothes, when he saw the prisoner Pearce driv ing a pair of horses attached to a gentleman's carriage. Witness, who was leaning against a post, all at ogee re ceived a smart cut across his ear from Pearce, and on remonstrating with the prisoner to be more careful, or he would cut some one's eye out, the latter said he'd be d—d if he would not cut his b— head off. He requested the prisoner to go on quietly, but, instead of doing so, he became more abusive, and the prisoner Letford then took his part, and threatened to knock his (witness s) head off. While he was talking to Letford, Pearce again struck him with his whip across the head and shoulders. An attendant at the theatre then came up and begged of them to desist, and told him the consequence of such conduct. Witness also told them who and what he was, but this only seemed to make them more violent and abusive. Witness then went to name it to the prisoner's master, who was about entering the carriage, but as soon as the gentleman got in, the prisoner Pearce drove off as fast as he could, violently whipping his horses at the time. Witness ran after the carriage, and as soon as he came up with it, the prisoner shook his fist in his face and struck him over the shoulders with his whip. Pearce then lashed on his horses, and witness having procured assistance, succeeded in stopping the carriage and removing Pearce from the driving-box. While he was conveyi❑g Pearce to the station, Letford came up and attempted to rescue him from, custody. In doing so Bunce 88 C, was struck several times. Both of the prisoners were drunk, This the prisoners denied, and said they never struck the constable at all. Inspector Lester said the prisoners were decidedly drunk. Mr. Bingham saitl it Wag not to be tolerated that a couple of well fed menials should resist the police, as they had done, and he should teach them to know better for the future by co , :mr.itting them to prison for 14 days. W ESTMINSTER. A. DISTRES;AD MOTHER. —A very creditable-looking Woman, TO - ,0 wept bitt er l y, and appeared completely heart-bro',4en, entreat e d the magistrate's advice this Sla ornin g under the following circumstances. S l '..e stated that she had long been left a widow, and ha,i had to struggle with the daily vicissitudes of life. she had a daughter who was of sufficient age to be of comfort and assistance to her, instead of which the caused her much anxiety and grief. She, had in vain reasoned with her, and exercised the greatest care over her to reform her, but it was all to no effect. Mr. Arnold.—What particular description of mignon- I duct do you complain of ? Applicant—l am Sorry to say t h at she has robbed Mr. Arnold—Efow old is she 1 Applicant—Betwee n 16 and 17. I have gt her ituation af'er situation, i n order that she might procure bererAt an honest living, b u t she loses there all. Mr. Arnold—When did she rob you last 'I 1 Applicant—On Tuesday last, when she completely me o f a ll I I paomsssemedi daonnd,thaksnsotwncewhabatsclonshdaeldl strippedwith the things. do with her, unless you can assist me. _ Mr. Arnold—lt is very distressing, certainly, b u t I know of no way in which I can assist you. If your daughter has committed a felony, she is liable to im pr. ;sour' tit I cannot advi. , P you t ;five ;our daugbte, into custody, which you are at liberty to do. That must depend upon your feelings and wishes. Applicant—l don't what to do that. Mr. Arnold—Consider the matter, and give her into custody, if you please. 1 THE GLASGOW MONEY PANIC. GLASGOW. WEDNESDAY EVENING. This morning the panic was as great as ever, and was speedily increased by the suspension of the City of Glasgow Bank. Numerous parties were collected at the head offices and branches from an early hour waiting for the opening of the doors. The hour for opening passed. and there were no signs of the doors being opened. At this time the excitement was very great, and it was certainly not allayed when at 11 o'clock the following notice was posted on the doors : OUR INDIAN GENERALS. At the present moment, when the eyes of the nation are so naturally turned to India, our readers will not think old of place the following brief sketch of our military and civil commanders in India, as the men on whom, humanly speaking, the fate of our Eastern Empire at this important crisis depends, now that death has deprived us of the services of such heroes as Sir Henry Lawrence, Sir Hugh Massey Wheeler, General Barnard, Major Banks, General Nicholson, and Colonel Neill, to say nothing of a host of other less distinguished names. The supreme command of all the forces, whether of the Line or of the Company's army, or of native troops, is, of course, in the hands of Sir Colin Campbell, G.C.8., who, as our readers are aware, left England in July last, at some 24 hours' notice, in order to carry out the wishes of her Majesty in India as Commander-in-chief. That well-known general, who is a scion of one of the many branches of the Scottish clan of Campbell, was born near Glasgow, we believe, in 1792, and entered the army in 1808 as ensign in a foot regiment. He took part in the unfortunate expedition to Walcheren ; and while serving in the 9th Foot, he had seen some hard fighting at Vimiera. He also took part in the advance and retreat of the army under Sir John Moore and in the Battle of Corunna, and was also engaged in the Battle of Barossa and in the defence of Tarifa. In the latter part of the year 1812 he was attached to the army of Ballasteros, and was present at several affairs of importance. Among others, he took part in the expedition for relieving Tarragona, and was present at Osma and Vittoria, and at the siege of San Sebastian, where he received two severe wounds, and at the passage of the Bidas soa, where he was again severely wounded. In 1814-15 he MR some active service in America while bolding a commission in the 60th Rifles, and in 1823 we find him acting as Brigade Major of the troops engaged in quelling the insurrection at De merara. In the expedition to China in 1842 Sir Colin Campbell commanded the 98th Regiment, and took an active part in the capture of Chin kiang-foo, and the subsequent operations in the neighbourhood of Nankin. Nor is he without Indian experience. Throughout the Punjab cam paigns of 1848-9 he commanded the third division of the army under Lord Gough, and distinguished himself more particularly in the affairs at Ram nuggur, the passage of the Chenab, the affair at Sadoolapore, at the battles of Chillianwallab, where be was wounded, and at Goojerat. In 1851 and the following year, while Brigadier-General in com mand of the Peshawur districts, he was constantly engaged in most difficult operations against the hill tribes surrounding the valley, including the forcing of the Kohat Pass, under the late General Sir Charles J. Napier, and the repeated affairs against the Momunds, who were glad to oome to terms after their defeat at Paul Pao by a small detach ment of cavalry and Horse Artillery under Sir Colin Campbell's immediate command, the com bined tribes numbering upwards of 8,000 men. In 1849 he was created a K.C.8., and received the thanks of both Parliament and the Eat India Company for his conduct at Goojerat. Returning to England in the early part of 1853, be was ap pointed, on the breaking out of war with Russia in the following year, to the command of the High land Brigade, which, together with the brigade of the Guards, composed the division of the Duke of Cambridge, His gallantry at the battle of the Alma, at the head of his beloved Highlanders, and his zeal, intrepidity, and ability throughout the rest of the trying perils of the Crimean campaign, in which he was content to serve under men as much his inferiors as they were his juniors, were I faithfully recorded in these columns at the time, and therefore do not need to be repeated here. Lord Gough, in his despatches written from the field of Chillianwallah, speaks, if we remember aright, in the very highest terms of Sir Colin Campbell's "steady coolness and military pre cision" as "carrying everything before it ;" and these qualities, added to a constant care for the comfort and lives of the troops under his command, have gained for him in the very highest degree the confidence, admiration, and affection of the many oorps with which he has served in three of the four quarters of the globe, with but little intermission, during the past 50 years. Not being fortunate enough to possess the additional advantage of high influence at the Horse Guards, Sir Colin Campbell found himself merely a colonel at the outbreak of the Russian war, and it was not until the month of June, 1854, that he was gazatted a Major-General in the army. In the following October he was appointed to the colonelcy of the 77th Foot, and in 1855 promoted to the honour of a Kn4ht Grand Cross of the Bath. In 1856 he attained the rank of Lieutenant-Gene- ral, and on his return to England was presented with the freedom of the City of London, and created an honorary D.C. L. of Oxford, iu recogni tion of his Crimean services. Sir Colin Campbell is also one of the aides-de-camp to her Majesty. We feel that it is a long step from the able but plebian General, Sir Colin Campbell, to "his Ex cellency Lieutenant-General Sir Henry Somerset, Y.C.B. and K.H," whom Sir Colin found upon his arrival acting as Commander-in-Chief. This officer comes of a ducal family. Sir Henry Somerset is a grandson of the fifth Duke of Beaufort, and con sequently nephew to the late Lord Raglan ; being the eldest son of the late Lord Charles Henry Somerset, by his first wife, a daughter of the late Viscount Courtenay. He was born in 1794, and entered the army in 1811. He saw some active service in the Peninsular campaigns of 1813, 1814, and 1815, including the battles of Vittoria, Or hes, Toulouse, and Waterloo. In 1838 he became Lieu tenant-Colonel of the Cape Mounted Rifles, and took a prominent.part in the Kaffir war, for which he was rowaried in 1853 by being made a K.C.B. Having risen meantime through the various grades of promotion with more than the average speed, we find him in 1851 a Major-General in the army, and in 1853 he was placed upon the Staff at Bombay ; in 1855 the local rank of Lieutenaut•General was conferred upon him. In February, 1855, he was appointed Commander-in-Chief of the Etst India Forces at Bombay, and second member of the Council in that Presidency ; and in 1856 he was nominated to the colonelcy of the 25th Foot. On the sth of June in the present year he became, by the death of General Anson, C,m mander-in-Chief in India : but when the time for decisive action was come, and the " right man was wanted in the right place," the advisers of her Ma jesty came to the conclusion that the chief respon sibility of the suppression of the mutiny should be intrusted to the hands of Sir Colin Campbell, and we shall be the last to complain of the decision. His Excellency Lieut.-General Sir P. Grant, K.C.8., Commander-in-Chief in Bengal, to whom we come next, is a soldier of a different stamp ; he is remarkable as being the only ono of the Com pany's officers who has been allowed to hold that high and responsible post, which has hitherto been reserved as a piece of political patronage at home. Sir P. Grant is one of the very many Scotchmen who have risen to high eminence in India. He is, we believe, a son of the late Major John Grant of Auchterblair, Grant-town, in Elgin, and was born April 23, 1804, in the parish of Duthill, in that county, so that he is still in the prime of life, and has before him plenty of time for further exploits before we shall have to reckon him among our su perannuated and disabled generals. He entered the military service of the East India Company in 1819, and July 20, 1820, was appointed to an ensigncy in the Bth Regiment of Bengal N.I. Having attained the rank of Captain in 1832, he slave some active service at Maharajpore, for which hd obtained. a bronze star and was made Brevet-Major iii April, 1844. He subsequently served with much dietinee tion through the campaigns on the Sutlej, include ing the battles of Moodkee (in which he was se verely wounded) and at Sobraon, for which battle he received a medal and clasp ; and at the same time he was made a Brevet-Colonel and a Companion of the Bath. He was also present with the &fees in the Punjaub, where he acted as Deputy Adj utant-Cinee ral of the Bengal army. He subsequent l y took. part in the passage of the Chanel) (referred to in our sketch of Sir Colin Campbell's career), and in the actions of Chillianwallah and Goojerat, for which he received the usual medal and clasps. Already in 1842 he had held the political, or rathe r the civil ap pointment of Assistant-Collector in the district of Tinnevelly, and in 1844 he ,married the Hon. Maria Gough, fourth and youngest daughter of General Lord Gough, who was at that time Com mander-in-Chief of the forces in India. Sir Patrick Grant is one of Her Majesty's Aides-de-Camp, and was made a Knight Commander of the Bath in January last for this Indian services. His com missions bear date as follows :—Ensign, July 16, 1820; lieutenant, July 11,1823 ; captain, May 14, 1832 ; brevet-major, April 30, 1841 ; major, June 15, 1845 ; brevet lieutenant-colonel, April 3, 1846 ; brevet-colonel, August 2, 1850 ; lieutenant-colo nel, August 2, 1851; and major-general, Novem ber 28, 1854. In 1853 he was appointed Com mander-in-Chief of the Bengal army, and obtained the local rank of Lieutenant-General in India January 25, 1856. Of Lieutenant-General Sir Henry Havelock, S.C. 8., and his splendid achievements we have re cently given so complete a sketch that we venture to pass on to make mention of the rest of his col leagues in command—Wilson, Chamberlain, Van Cortlandt, Outram, Edwardes, and Jacob, which we propose to resume in our next impression. Major-General Nicholas Penny, C. 8., who has succeeded General Wilson in the command of our notorious forces in Central India, is an officer of considerable standing in the army, and is now as nearly as possible 67 years of age. Re is the on of the late Mr. Robert Penny, and was baptised in the month of November, 1790. In 1806 he was nominated by the late Mr. J. Hudleston to a direct appointment to Bengal, and shortly after his arri val at Calcutta, towards the close of the same year, he passed so excellent an examination in Persian and Hindostanee that he was presented with a gratuity of 1,000 rupees. He was gazetted to an ensigncy in the Bengal army in February, 1807, and obtained his lieutenancy, Dec. 19, 1812. Up to this time he had not seen much active service ; but we find him in the army serving in Nepaul during the war of 1814, 1815, and 1816, as well as in the Mahratta war of 1816 and the following year under the Marquis of Hastine. ; he was also one of those Rho shared the Deccan prize money. In 1818 he distinguished himself at Gurra Kotab. In 1823 he came to London on furlough, bat, return ing to India in 1825, we find him accompanying the Commander-in-Chief on service to Agra, and acting for a time as Deputy Quartermaster-General with the forces near that city. In the same year he took part in the siege of Bhurtpore, and was thanked by the Commander-in-Chief for his ser vices on that occasion. In the following year he was nominated major of brigade on the establish ment, and appointed to the command of the Muttra and Agra frontier. In 1828 he WAS made Deputy- Assistant-Adjutant-General on the establishment, and also to the eommlnd of the Dinapore division, from which he was shortly afterwards removed to the Presidency at the express order of the Gover ner-General, the late Lord William Bentinck. The London Gazette of August 1, 1834, informs us that he was allowed brevet rank for his services in the firld. In November, 1837, he was directed to take charge of the Adjutant-General's Department at the Presidency, from which post he was transferred in June, 1841, to the command of the Nusseree Battalion, for the efficient drill and discipline, of which he was so often thanked by his superiors that his name became almost a by-word and a pro verb for energy and activity. At the same time he was directed to act as Assistant-Adjutant-G , neral at Barrackpore, in which capacity he was again reported as a " most zealous and efficient officer." In the Sutlej campaigns he commanded at first the 12th Brigade of the sth Division, and the 2d Infantry Brigade on the breaking up of the 12th. He was present at Aliwal, where he was in the very thickest of the fight, and was thanked for his gallantry on the battlefield in the following terms by Sir Harry Smith. in his despatch addressed to the Governor-General, dated Aliwal, January the 30th, 1846 :-- "The intrepid little Ghoorkas of the Nusseree and Sirmoor battalions in bravery and obedience can be ex ceeded by none. I much regret that I had no larig,ade to give to Brigadier Penny, who is in orders for one. I can only say that when he gets his brigade, if he leads it as he led his gallant band of Ghoorkas, it will be inferior 6) nom" He was again engaged at Sobraon, where he was wounded, and Sir Hugh Gough recommended him "in the most earnest manner" to the notice of the Governor-General for the spirited manner in which he and his gallant troop had overcome the most formidable opposition." In the September follow ing we find him appointed to the command of her Majesty's 534 Foot, the Nusseree Battalion, and two howitzers. At ChiLiauwalah, where he was engaged as a brigadier, he had another opportunity of distinguishing himyelf ; tor, though his brigade was heid in reserve, he was enabled to support the advance of Sir W. R. Gilbert, and to carry a vil lage, which was "the key of the position," by "a most spirited attack, executed in a brilliant style." It should be added that Sir W. Gilbert, in his de spatch, drew stc ention to his " most valuable" ser vices on this occasion. Btigadier Penny received the medal for Aliwal and Sobraoti, and was gazetted a 0.8. in the following month of June. He was also made an honorary aide-de-camp to the Go vernor-General. In February, 1849, he was removed from the 6th to the 3d, and sub.?equently to the 2d Brigade of Infantry belonging to the army in the Punjab, from which he was again removed to the command of the 3d Europea❑ itegim.ent. In 1848 we find him commanding a division of infantry in the Pun jab, and in the following year in command of the troops at Lahore. In 1851 he was appointed to the brigade staff and posted to the district of Rohil cund. He was subsequently removed to Utnballah ; in 1852 he was appointed to command the Jullun dur field force, to which later in the same year, was added the command of the Sirhund division. In 1853 he was transferred to the Scinde Saugor dis trict, and in 1854 to Sealcote. About the same time he attained the rank of major-general. In May, 1855, he was appointed to the temporary divisional staff of the army, and posted to the Cawepore division. At the last dates from India he held the command of the Meerut division, which, according to the Quarterly Army List of the Bengal establishment, was the head quarters of the Artillery, both horse and foo , , and included the 3d. Light Cavalry, the 6th Dragoon Guards (Carabineers), the first battalion of the 60th Rifles, and the 11th and 20th Regiments of Native Infantry. GOVERNMENT LETTBR TO TSB BANK OF BNGLAND. DOWNING-STREET, 12TH Nov. GENTLEMEN, Her Majesty's Government have observed with great concern the serious consequences which have ensued from the recent failure of certain joint-stock banks in England and Scotland, as well as of certain large mercantile firms, chiefly connected with the American trade. The discredit and distrust which have resulted from these events, and the withdrawal of a large amount of the paper circulation authorised by the existing Bank Acts, appear to her Ma jesty's Government to render it necessary for them to inform the Bank of England, that if they should be unable in the present emergency to meet the demands for discounts and advances upon approved securities, without exceeding the limits of their circulation prescribed by the Act of 1844, the Government will be prepared to propose to Parliament, upon its meeting, a Bill of Indemnity for any excess so issued. In order to prevent this temporary relaxation of the law being extended beyond the actual neces sities of the occasion, her Majesty's Government are of opinion that the Bank terms of discount should not be reduced below their present rate. Her Majesty's Government reserve, for future consideration, the appropriation of any profit which may arise upon issues in excess of the statutory amount. Her Majesty's Government are fully impressed with the importance of maintaining the letter of the law, even in a time of considerable mercantile difficulty, but they believe that, for the removal of apprehensions which have checked the course of monetary transactions, such a measure as is now contemplated has become necessary, and they rely upon the discretion and prudence of the directors for confining its operation within the strict limits of the exigencies of the case. We have, Ato., (Signed) PALMERSTON. G. C. LEWIS. The Governor and Deputy-Governor of the Bank of England. M. JULLIEN'S CONCERTS. The house last night was crowded to overflow, the attraction being one of those " morceaux de circonstance " (as M. Jullien designates them) to which the public has been annually accustomed at these popular entertainments. The title of the present composition is " The Indian Fantasia and General Havelock's Triumphant March," and, as may be guessed, its predominant tone is martial. To meet this exigency M. Jullien's own magnifi cent band was fortified by an army of drummers and fifers from the Grenadier ; Coldstream, and the Scots Fusileer Guards—together with bagpipes, " toms-toms," and other instruments calculated to heighten the " local" colouring, and an efficient chorus. The number of vocal and instrumental per formers was thus increased to such an extent that the orchestra was obliged to be considerably enlarged to hold them ; and even as it was a great many of the executants could scarcely find elbow-room. The whole presented a most imposing appearance, and when M. Jullien waved his conductor's stick to begin a dead silence gave evidence of the general interest created, and of the expectation that something un usually stirring and impressive was about to be heard. The result surpassed anticipation. Not only was the piece applauded unanimously at every occurrence of a pause in the performance, but the climax gave rise to an excitement beyond bounds. Independent of the music, however, there were reasons for the demonstration that ensued, which would have caused enthusiasm under any circum stances. Passing over the preliminary discourse—which takes up a page and a half of the printed pro gramme, and touches, among other topics, upon Alexander the Great, the Anglo-Saxon race, the Koran, and the Juggernaut —we may at once state that the fantasia (almost as much a spectacle as a musical display, perplexing the eye in conse quence of its indispensable accessories, just as it astonishes the ear) is distributed into five parts. The first four are dedicated to the music, dances, religious ceremonies, &c., of the Hindoos ; and the variety of subjects sug gested have been seized upon and appropriated with the utmost felicity. Part 1. comprises the " Taza ba-Taza"—which those who are acquainted with the music of the East will recognise as a genuine t ß h r e ah ti m i me n a H nd y m m e n a — su a r t e id of so a m m e ar m ch i , li w ta h r e y re s in tr m ait a is h , ra a t f t t a" er Sikh, and Ghoorka soldiers are presumed to be en gaged. Part 11. contains the "Timbong-Borong" striking effect as a theme for variatio ns e sb, on u these d wtt flute,h (Bird-song), and a dance of Bayader bpyicmcoel o s , sr a s n . d p v r io a l t i t n e , n 7h D i e ch p w o e l r lye e xecuted c Goollns. t ‘ i In Part 111. we have an air entitled th: Sahyang," and a - wild tune supposed to boning formed oa various instruments, to the accompani ment of dancing in the procession of the car of Juggernaut. Part IV. begins with the "Muezzin," the Mahomedan call to prayer, which M. Felicien David has introduced in his " Desert." M. David gives this to a voice ; but M. Jullien, with better judgment, has allotted it to the oboe, and its exe cution by M. Lavigne is marvellous, not merely for fine tone and unerring intonation, but for a power of sustaining the breath of which we can remember scarcely au example on so difficult an instrument, A dance of Dervishes, both savage and grotesque, ensues ; and the whole terminates with the song of the " Elephant Driver," and the characteristic music of the "Snake Charmer," in which the re markable talent of M. Lavigne is again displayed. The fifth and concluding part is a battle piece, illats tratidg a series of military incidents and achieve ments, the heroes of which are General Havelock awl his devoted warriors. We have here the gatherings of divisions, marches, advances, battles, and skirmishes, enlivened occasionally by the sounds of the bagpipe and the national war song of the Highlanders. The "Campbells are coming" is first heard from a distance, and then, by a cle verly managed "crescendo," swells out into an overpowering " fortissimo" for the entire orchestra. When the crowningivictory is obtained the band, with the multitudinous drums and fifes of the regi ments mentioned, performed in obstreperous har mony a bold and vigorous air called " General Havelock's Triumphal March," while the chorus declaim the following verses : " Sing forth the praise ! "On like a scourge " Let us proclaim "Seating the foe, " Havelock's br a ve deed s "Lik e H eaven ' s bolt, "Conquests and fame ! " swift he doth go " sound, trumpets, drums I " Fierce to avenge " Roar, cannons, roar ! " Treason and crime, "Tell echo's voice " Winning a name "Cease never more. " Deathless in time. " On gallant band, " "F oMi'cy, tho' small, ow gk your star, " Conquer or fall ! " While nations love " Valour to name, " Glory shall sound "Loudly your fame. The whole terminates with "Rule Britannia" and " God save the Queen." The execution throughout was strikingly good, and the conclusion hailed with uproarious applause and unanimous cries for a re petition of the national airs. Instead of acceding at once, however —in accordance With his usual cus tom—to this patriotic demand, M. Jullien, as soon as he could extort attention, addressed the audi ence something to this effect :—" Ladies and Gen tlemen,—As we are honoured this evening by the presence of Lady Havelock, the wife of the distin guished General --that British lion who has so no bly hulated down the Bengal tiger—l am sure you will. all be as delighted as I am to knowshe is among us." Then, pointing to a box on the first tier, he said, " There is Lady Havelock !" This announce ment was received with such tremendous cheering that Lady Havelock, who had been quietly lis tening to the music, in little expectation of such an incident, rose from her Beat, and, com ing forward to the front of the box with her two daughters, gracefully saluted the audi ence. The acclamations that followed were again interrupted by M. Jullien, who spoke in a lo u d voice, and evidently as excited as if he had been an Englishman born. "Now, ladies and gentlemen," he said, "you shall join with me in three British cheers. I will give the word, and you shall re spond, ensemble P" He did give the word, and his "Hip, hip, hip, hurrah," thrice reiterated, was thrice echoed by such a " hurrah " from the united Voices of the whole assembly as made the walls "reverberate again." Rarely has a scene of greater enthusiasm been witnessed. Lady Havelock remained until the end of the ' performance, and the great majority of the crowd kept her company. When the last piece —a galop called the " Lion and Tiger "—was finished, the audience dispers e d s l ow l y , an d the scene of " ova tion" was chang: , :i from the theatre to the open street. A dense crowd almost blocked up the thoroughf are ; and as Lady Havelock was recog nised entering her carriage the cheerin g w re- newed with the same vociferous heartiness a s s was at first elicited by M, Jullien's address. THE ROYAL MAIL COMPANY'S CONTRA CTS: In the half-yearly report of the Royal Mail Com pany, which has been recently issued, it is stated that the Government had increased the length of the company's mail contract by two years, on con dition that the homeward Brazilian and West India ties. mail packets arrived at Southampton some days before the departure of the proximate outward packets. The Royal Mill Company's original mail contract would expire in 1862, but according to the present terms it will not cease before 1864. At the present time the Brazil steamer is despatched from England on the 9th, and the homeward one is not due in England before the 16th of the month, or 7 days alter the departure of the proximate outward one. The West India packets are despatched on the 2d and 17th, and the homeward ones are not due in England until the Ist and 16th of the month, or one day only before the departure of the respective proximate mails. Great complaints have been made against these arrangements by the mer cantile community, and the desideratum is to get the homeward-bound packets to arrive in Eng land several days before the respective proximate outward packets leave, in order that the Brazilian and West India mails from abroad may be delivered in all parts of England in time for an swers to be sent off immediately, and thus to lessen the time for the course of post by nearly a fort night, with respect to West India correspondence, and nearly a month as regards South American letters. Complaints have also been made by the mercantile community that the Brazilian packets do not afford the accommodation for cargo which the growing trade with South America demands. The steamer Tamar, a vessel of about 2,000 tons burden, was for some time on the Brazil station, and used to arrive at Southampton on the 6th of the month, or nine days before her contract time, and three days before the departure of the outward Brazil packet. She has also arrived out at Rio de Janeiro proportionately early. It should be men tioned that the time at present for Vie mailsteamer to lrave Rio is not moveable, but fixed to the 15th of the month, no matter at what time she arrives out there. The Tamar, also owing to her peculiar build, carries an enormous cargo, a larger one in fact than the La Plata, which is nearly 2,500 tons burden. The Tyne is a sister ship to the Tamar, and equals her in speed and in cargo capacity. The Parana, which is now on the West India line, is a monster ship, being upwards of 3,000 tons burden and 800 horse power. Her space, on her departure from this country, is now nearly filled up with the 1,300 to a of coal she is obliged to carry to enable her to make the long run to St. Thomas's. On the Brazil line she could start with 600 or 700 tons of coal only, because of the short stages between the numerous coaling stations on that route. She would then have a very large space for cargo, and she would run to and from the Brazils quickly, on account of her great engine power, and the fine , weather generally experienced between Southamp ton and Brazil. It has been resolved, therefore, by the Royal Mail Company to run the Tamar, Tyne, and Parana on the Brazil line. The time of the stay of the packets a'jll be curtailed at Rio, for four days are ample for the p:kokets to unload and coal them, and by these means the homeward South American packet will arrive at Southampton so long before the despatch of the outward one, that there will be titres for the distribution of the cor respondence throughou t the country, and for answers to be sent to it immediately, while the above-named three packets will afford increaiEl ac commodation to shippers of cargo. The Atrato, now on the West India mail trunk line between Southampton and St. Thomas is, per haps, for size, speed, and model, the finest ship afloat. She is nearly 3,500 tons burden and 800- horse power. She is swifter and burns less coal than the La Plata, which has 200 more horse power, and is 1,000 tons burden less than the Atrato. The Atrato has often arrived at Southampton on the 28th of the month, four days before her time and five days before the despatch:of the outward packet. It has been resolved by the Royal Mail Company to build three ships like her. The outward packets could then be despatched two or three days later 1 than at present, and, the homeward ones arriving ' at Southampton about the 28th of the month, a week would bo ~ , , iveil for the distribution of mails and answering correspondence. The importance of these arrangements, when in operation, can scarcely be overrated. The course of post from Brazil, the Cape de Verds, and the Canaries, will be reduced 30 days, and from all parts of the West ladies, California, Contra], America, the Pacific, the Gulf of Mexico, and the Spanish Main, 15 and 16 days. _ _ The Royal Mail Company bad resolved on estab lishing a communication with Australia across the Pacific, and preliminary arrangements for that i purpose had been made, but the Government hay ing decided that the Australian mail route should be the eastern one, and the infant company who undertook to convey the Australian mails requiring assistance, the Royal Mail Company have sus pended their operations for opening the Western Australian route, and stepped in to assist the Aus tralian Mail Packet Company in carrying out their contract. There canhot be a doubt that this re solve is a wise one. It is better at present to deve . lope thoroughly the Australian traffic by the eas tern line than to attempt to draw a portion of it across the Pacific. The communication with Aus tralia by way of Suez will always, perhaps, .be the most profitable one, because it connects India with Australia and England. The Royal Mail Com pany's steame rs , by t ouc hi ng at Ceylon on their way to and f rom M e lb ourne a nd Sydney, will be within 1,500 miles of Calcutta, 1,000 miles of Bombay, and 500 miles of Madras. The extent of the Royal M a il C ompany ' s opera ti ons ma y be estimated from the fact that while their steamers, after bringing to this country Peruvian silver from the Gulf of Darien, may perhaps be employed to carry a portion of it on to India and China. The Royal Mail Company have now a good seven years to make up for losses in the early part of their career. They appear t o h ave tid e d over t h e i r dif ficulties, and there is every prospect for teem of a long season of prosperity. The passenger traffic of the West Indies and the Brazils is extremely pro fitable, and Mexico and Central and South America are filling their ships with highly remunerative freights. Every year these freights are increasing in value to the company. The rich traffic that traverses both railways, one across the Isthmus of Suez and the other across the Isthmus of Panama, will add to their revenue. With larger and swifter ships on the South American line the Royal Mail Company will also be able to offer to Europeans and Americans the most magnificent pleasure voy age in the world. When the new arrangements of_thel West India Company come into operation, a peison may have a sea voyage of 10,000 miles in seven weeks, passing through the most delicious climates, and on a line where the Atlantic Ocean is almost invariably tranquil. This voyage is from South ampton to the Brazils and back, coasting along Spain and Portugal, visiting the Tagus, Madeira, the Canaries, the Peak of Teneriffe, the Cape de Verds, and then skirting a long line of South Ame rican coast, which terminates in the magnificent bay of Rio de Janeiro. The packet that performs this voyage will never be longer at sea than 6 days without calling at some port, and the average sea stretch between the ports of call throughout the voyage will be only 21 days. Two new steamers are building for conveying the Australian mail between Southampton and Alex andria, when the Tamar is taken off that line, to run on the Brazilian line. The Australasian will al. o be taken off to convey the mail between Aus tralia and the Red Sea. The Avon, it is probable, will carry the inter-colonial mails in the West In dies. Her great size will afford the requisite acco mo lation to iutereolonial pas=eng,ers and shippers. C_4USH OE THE RP:VOLT IN INDIA. (From the Inverness Courier.) A medical officer in India writes as follows to a friend iu Inverness, and his animated account of the causes of the revolt is well worthy of atten tion : ' Of course the question will be in every one's mouth, how did this-arise Whence this sudden outbreak ? And many and various will be the answers given. Many causes are on the surface ; our rulers, in their overbearing confidence, suffered the balance between the native and European force to be entirely destroyed—from Calcutta to Agra there was but one European regiment ! In the Ma , lras Presidency at this very inoinent we have only three regiments of European infantry, and half a regiment of dragoons ! I do not include artillery scattered about the country in small de tachments. As our empire has gone on increasing, we h.ve resorted to the old Irish expedient of cut ting a bit off the bottom of the blanket and sewing it on to the top. This is not a mere figure, it is a fact. The troops that in former days used to occupy Benares, Allahabad, and Cawnpore, all along our great line of communication, are now either employed on our new frontier or in Burmah, the top of the blatikw.' Here at least was the oppor tunity offered to the disaffected to attempt to over tut n the empire. But we must look at the matter more closely. For a long time the Bengal officers, forgetful of the good old rule, so applicable to our position in India divide and govern,' have been InfAtuatel enough to encourage the admission into the army of nun' , but high-caste men.' They eoked down with ill-concealed contempt on the low-caste' men of the other Presiden.- The result has been a most inordinate increase of the Brahmin element in the Bengal army, until this insolent, haeghty, and priestly caste has overshadowed the very Government. They exercise an influence over their fellows of inferior caste in the army that is nearly absolute, and through them they have of la e years almost dic- Wail their own terms. 'High-caste men abhor going to sea, it is to them loss of caste, or some thing near it ; the food and water they consume are in constant danger of defilement by being handled by men of low-caste or no caste. When on a late occasion a Bengal regiment was ordered to go to Barisal), the Sepoys refused, and after some hesi tation, Government gave in. An order was issued that for the future Burinah was to be occupied by the Madras Sepoys. To carry this order out, the whole of the Madras army nearly lad to be put in motion, and great hardships were inflicted on our men ere the relief was effected. Here was a triumph for Brahminism, and Brahminism was not slow to improve' it; iey had in this dictated to their masters they had humbled the Governor- General what couial they not do? Govern meat saw the danger, and met it in this way : —An order was issued that in all time corn ing every recruit should be a 'general service in..tn'--that is, shall engage to go wherever he was ordered. High-caste' saw at once this rock a-head. In a few years fresh blood would be infused into he army, it would cut out the Brahmins, save at the loss of caste ; and they determined to make a stand. They resolved to act through the religious fears and ignorance of the Sepoys, and they did it in this fashion : rumours arose like an exhalation— no one could tell whence they sprung—that the Lord Sahib (the Governor-General) was pledged to the Queen of England to convert - the Sepoys to Christianity within a year.' Prophesies made for the occasion, circulated everywhere, 'that the rule of the Englishl was to end with '57.' When I arrived. in India the newspapers were discussing some mys terious communication that was going on. Cakes were passed on from village to village—no one could say whence they came, or where they were going or whatthey meant. Then came the cartridge question. A new kind of ammunition was being issued to the army, the cartridges being made up in various coloured paper. This was instantly seized upon as a ready mode of acting on the religi ous fears of the Sepoys. It was a capital cry.' The Church is in danger' in its best day was ajoke to it. It was given out that the Lord Sahib had resolved to carry out his scheme in this way : For the purpose of defiling Mahomedans, the new cartridges were greased with pig's fat,' while 'cows' fat' was used to cook those for the Hindoos. People at home will laugh at this childish story, but people at home do not know the Hindoo mind. The clever Brahmins who invented the story believed it about as much as a Neapolitan priest does the blood of St. Januarius, or a winking virgin,' or the Holy Coat of Troves; but thousands of the Sepoys believed the story as sincerely as we believe in the Gospel ; and step by step this belief led to the explosions at Meerut and Delhi ; to that night of horror at the former place, which, like the story of the Black Hole at Calcutta, will be for ever infamous in our annals. All that I have to add is to express a hope that the Miscreants at Delhi have ere this had to take the cartridges,' pigs' fat and cows' fat along with them, out of the muzzles of the muskets of 3,000 or 4,000 English soldiers. I don't think any one here is fearful about the result. A. number of officers and civilians, with their helpless wives and families, have already perished, and more, if th e plague be not soon stayed, may follow ; but I do not think it is written anywhere that Brahminism is to prevail. John Bull, as Southey sumewhere says' is a terrible fellow to take by the horns. This Brahminism has attempted, and the result you at home, at least, will live to see." EMBROIDICIaT TOR THI WADDING OF THE PRINOTSI ROYAL.—The Y Shanball Ettore Female Industrial School, which was established about the time of the agricultural distress by Mrs. Weletead, of Ballytownroche, has re ceived a special mark of royal favour, Mrs. Welstead having been honoured by her Majesty with a cow ',nand to supply two collars and two pairs of em broidered sleeves for the approaching wedding of the Princess Royal. Tae school, of which Mrs. Wel stead is the patron, has conferred considerabl ae be nd ne h fit as on many of the families of the neighbobr e stablishments for hood, ass umed a high position among such the superior taste and originality of the patterns, as well as the exquisite finish of the work. It is understood that her Majesty some time since saw at court some of the embroidered work produced in the Shanballymore school, and was so highly pleased with the design and WOrktnanship that she immediately ordered a supply for the nuptials of the Princess Royal. This is no small honour to the Shanballymore school, and has created a great degree of commendable pride and gratulation amo ngst the poor girls, the produce of whose fingers has received so high a compliment,—Cork Constitution. " CITY OF GLASGOW BANK. " The directors deeply regret that in conse quence of the excessive demand on the bank for gold, they are under the necessity of suspending payment in the meantime. As this painful neces• sity arises only from the pressure of the times, and not from losses sustained by the bank, the directors hope that with the forbearance of depo sitors arrangements may soon be made to enable the bank to resume business. " By order of the Directors, "ROBERT SALMOND, Manager." Crowds were, of course, collected at the diffe rent offices, but no attempt at violence was made, although a large police force was necessary to keep in order the low characters who mixed themselves largely among disconsolate depositors. At the Union Bank the run was also very heavy, but the directors made arrangements which enabled them to meet it without the slightest difficulty. 300,0001. in gold arrived from London before bank ing hours in the morning, and was escorted to the bank by a number of directors who waited at the station to receive it. They have also, we are informed, the offer of as much for to-morrow's use. The crowds who presented themselves at the tellers' tables were largely composed of individuals with two or three oue pound motes each, who bad got the idea that paper money of any bank was unsafe. The depositors demanding gold were mostly entitled to small sums, and those merchants and men of business who were reluctantly obliged to draw were generally quite willing to take the bank's paper. About a quarter from 3 o'clock (the closing hour), the Bank was nearly empty, and the doors were kept open for an hour or two later, affording most satisfactory proof that all demands had been fully met. The Union Bank has passed triumph antly through a very severe ordeal, and we have reason to believe that the panic generally will now subside. The Western and City Banks' notes are now current as freely as before their stoppage, being accepted by all the banks as deposits, and by the shopkeepers generally, as readily as gold. The magistrates have made ample preparations to repress any attempts at violence which the "roughs" of the city may seek to create out of the excitement. A detachment of the Ist Battalion of the Rifles have already arrived from Edinburgh to reinforce the garrison, while a considerable body of Lancers stationed at Hamilton are kept ready to march upon the city. There appears, however, to be no probability of their services being needed, although the movement, as a precautionary mea sure, is a wise one. The following address has been issued to the working classes by Mr. R. Willcox, corresponding secretary of the Masons' Association of Scotland; Mr. James Jardine, secretary of the masons' ; and Mr. W. Duncan, treasurer of the masons' : "Fellow-workers,—As parties who have long been connected with the working classes of Glasgow, we beg to bring the present state of money matters under your most serious consideration, and to call upon you to sup port the authorities in their endeavours to restore confi dence in the various banks of the city. Especially do we wish to impress upon you the undoubted safety of the National Security Savings Banks, the sums deposited in which are lodged with commissioners in London upon the security of Government. Have confidence, working men, and show that, as far as you are concerned, you feel convinced that there is enough of gold in Scotland to carry us through our present difficulties. We believe sincerely that were a public meeting of the working classes called you would come forward in sufficient num bers to fill our largest hall, and declare to our English friends that we have no need of assistance from them. With a due exercise of caution, we will soon be able to prove that we do ❑ot need the Bank Charter Aot sus pended. We also appeal to domestic servants. You may have 31., 41., 51., or more lodged in the savings bank. Let it remain there, and do not, by calling it uo, create a false idea of the stability of our Scotch banks. It is safe and secure, and there let it remain. A foolish panic will only tend to land all working man and working women in ultimate distress. The end will just be a stoppage of public works, and our being discharged from employment, and we will only have ourselves to blame. Let us, therefore, at once aid our employers and the authorities in preventing such a consummation. We have seen one of our employers to-day—leng connected with the trade we are employed in—and understand that he was at a meeting to-day, where he expressed the idea that the merchants of GlAsgow bad 113 need to go to Ensland at all, as we tradesmen would support the authorities in this crisis. Be sure, then, to prove as good as he said." It was mentioned with great indignation on 'Change (says the Glasgow Daily Mail of yester day) that one gentleman, a partner of a bank director, had busied himself in urging parties to withdraw their accounts from one of the banks. Such conduot is almost incredible on the part of any person in the position of a merchant, and we should hope that there will be no other instance of it. The Scotch banks, as a necesesary precaution, have ordered large drafts of gold from London ; and a meeting, we understand, takes place to-night in Edinburgh, for the purpose of concerting mea sures of mutual assistance in the event of any re newal of the run. We (Glasgow Daily Bulletin) regret to learn that, from the present distressed state of the money-market, several of our leading public works will have to be closed shortly. Yesterday one of the most extensive cotton spinning firma in the city shut up their works till further notice. This is the more to be lamented, as a large number of work men, male and female, will in consequence be thrown out of employment. LLOYD'S SHIPPING.—(This Day.) LONDON, Nov. 1 3.—Wind this day at noon, N. ; light breeze and cloudy. RAIISGA.TN, Nov. 12.—Wind E.N.E.—Sailed—Hea watha, for Havana. PORTSMOUTR, Nov. 12.—Wind E.N.E.—Arrived— Her Majesty's Cuckoo, from the Eastward. SOUTRA.IIPTON, Nov. 11.—Sailed—Norsenian, for Gib raltar. OvF PLYMOUTH, Nov. 11.—Arrived—Rhine, from St. John's, Newfoundland. NEWPORT, Nov. 11.—Wind E.—Arrived—Cornelia Mathilda, from Schiedam for Singapore, CARDIIT, Nov. 12.—Wiad E.—Sailed—Herman Rising, for Cuba. (I'ER ILBOTRIO TZLI/GRAPH.) Wind N., Arrived—Lady EglinSnton, fine a;:ta lanta, steamer, Jersey, ToritAe:Tro:rf,roFmriduayn,dloOn Sailed—Abeong, steamer, for Cork; Tamar, steamer, Alexandria; Lady Ellington, steamer, Dublin; Llan gollen, Newport ; Norman, steamer,"Capo of Good Hop• ; Argyll, steamer, Carentan. Wind W.S.W. LIVERPOOL, Friday Morning. Arrived—Stamboul, from Callao; Imogene, Pernambuco ; Fortuna, Itaranham ; Tempest, New Orleans ; Compro mise, Primera, L eg horn; Alag r i co , Li s b on ; Hansa, 6 Bre Yo me rk n ; Dodo (s.s, ), Rotterdam; Chieftain, Amoy. Wind E.S.E. QIISEXIITOWN, Noy. 11. Arrived—Elise, from Buenos Ayres; Dobra, Costrenka, New Rambler, Stettin, a nd Lily, Odessa ; F etes Neff Rambler, Stotti n, ° P Alexandria ; Isabella, R i g a; WATERFORD, NOY. IQ. Wind S.E. v ,a—Talemaque, from 3 4arreillez ; Catering, Ham' buti Wind N.E. DUBLIN, Nov. 12. A rr ived—Providentia, from Swendborg ; Catherina, , hambu rg ; L ou i sa, St e tti n; El ar a y vre l , iiii Robe o n t s b f e l r e g n ; r y h I, (1Y 1117/31tARINN AND BRITAIN TELEGRAPH.) G RAYXS/IND, Friday, 9.30 S.M. Wi n d W.N.W.; tide sixth hours' fiood, very thick. Arrived, Nov. 12—Eliza, f romWykohing; Frithof, Jaeobstadt ; Chieftain, St. Petersburg • Hannah, Guern sey; Zoophyte, Cronstadt ; Charity, dronstadt ; Dekar, Antwerp. moderate, and thick. steamer, for Madras. Bom D b :A: fo , r lr L ri o d n a d y o 9 n. a.m. afyr,onfirom London for Liverpool; Indomitable, AWF aninshediePassed—Frances Anchored—South Staeeraacmi THE: LEVIATHAN. — The report which has been circu lated duringSi to the e ff ec t th a t th e weight forced down the to the extent of s evera l i nches, is entirely without foundation. Since th e attempted launch most launching-way Leviathan h ad the by last he r few g r e d a a t y accurate levels of various parts of the deck and keel are taken two or three times in the course of the day, and as fsr as regards th e lauuching.way not the slightest depression has yet been detected. For the present not more than from 200 to 300 men are employed in the yard, and th ey are only engaged in driving a few additional pil es round her, and otherwise strengthening the drum a pparatus. A grea t num ber of additional rails are being placed on the launching-way, which will have the . effect of di s t r ib uting the we i ght more equally over the piles, and at the same time wedges of wood are being driven between the transverse logs on which the rails rest, to prevent the concrete bed from i being forced op. It s believed th a t th e b arges contain ing powerful crabs, which were moored in front of the ship at the attempted launch, w ill be, upon the next occasion, dispensed with altogether, and i n th e i r places ordinary siirave - blocks wig be fa s t ene d to the moorings, the chains attached to which will be hauled upon from the shore by means of small donkey engines. Several additional hydraulic rams of much greater lifting power than those hitherto u sed will ai sct b e employed in case of any stoppage occurring f