The Sun. — London, England, 1847-10-27 00:00:00

25.774, it follows that gold is 1.18 per cent. dearer in London than in Paris. By advices from Hamburgh the price of gold is 4371 per mark, which, at the English Mint price of 21. 17s. 101 d. per ounce for standard gold, gives an exchange of 13.11, 1 , ; and, the exchange at Hamburgh on London at short being 13.131, it follows that gold is 1.02 per cent. dearer in London than in Hamburgh. The course of exchange at New York on London is 1091 per cent., and the par of exchange between England and America being 109 23-40 per cent., it follows that the exchange is 0.08 per cent. against England; but, the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the above difference. There has been much fluctuation to-day in the English Funds, but the rise of yesterday has been fully maintained. Consols for money, which were quoted yesterday after business hours at 821 to 83, opened this morning at 83 to Q. Many purchases on the part of the public then took place, and the price went to 84k. After this, however, a rumour, which was utterly destitute of foundation, to the effect that the Bank had charged 12 per cent. for loans upon stock, caused a sudden reaction to 831, at which the market closed. For the account Consols opened at 83} to 3 , advanced to 84k, and closed at 83} to In the Stock Exchange to-day the rate of interest was from 6to 8 per cent. There was no excessive demand at the Bank for money under the new regu ations. _ _ There was a better feeling to-day on 'Change in regard to the negotiation of foreign bills, which, ge nerally speaking, went off fairly. The rates for Hamburgh and Paris were lower than last post, but no material alteration occurred for other places. Arrivals of gold took place at the Bank to-day from Hamburg!), St. Petersburgh, and other parts of the Continent, to the amount of about 130,0001. or 140,0001. By advices received this morning the rate of dis count at Amsterdam is quoted at 4 per cent., the rate for loans on deposit being sto 5i per cent. At Hamburgh money is easier and the rate of discount is 51 to 6. Letters from Hamburgh, dated the 22d of October, mention the receipt of accounts from St. Petersburgh, to the effect that " the Emperor of Russia had given orders to the Bank to assist every merchant that might be able to prove his solvency by his books— amongst others, the house of Thomas, Son, and Le fevre." In consequence of this it was generally an ticipated that the London correspondents of the above firm would forthwith resume business. Direct letters received from St. Petersburgh, dated the 16th of October, mention business as very dull in that city, owing chiefly to the discredit caused by the failures here. The exchange was 381 d. to 38d., which would favour the exportation of gold. Flax showed a tendency to fall, and corn was without buyers, and the prices nominal. Prom Riga also, under date the 16th of October, a general tendency to a decline in prices is reported, hemp being the only exception. From N ewcastle this morning the accounts are perfectly favourable, no allusion being made to any continuance of the panic. The Union Bank is about to publish a statement of its affairs. A meeting of the creditors of Messrs. James and William Morley, whose failure took place on the 14th inst., was held to-day. Mr. Ainsworth, on behalf of certain Manchester creditors to the amount of 40,0001., took the chair, and the following statement was read. It will be observed that again in the present instance speculations in railway shares constitute a prominent feature, the result in this case being different from that in Messrs. Gower's, where the public, and not the firm, were the sufferers : JAMES AND WILLIAM MORLEY. DEBTOR. .e. S. d. To trade creditors ... 62,749 13 4 To cash creditors ... 30,558 18 11 .E. s. d To billy accepted for Messrs. J. and W. Morley's accommo dation To bills accepted by J. and W. Morley for the accommodation of other parties, which will be claimed on this estate ... To bills receivable, dis counted, drawn upon parties who have failed 17,061 7 4 Dedur.t cash and securi ties held by bill holders ... 2,298 10 11 To liability upon bills receivable,considered good ... 55,542 8 11 93,308 12 3 9,196 8 1 2,463 7 10 14,762 16 5 £119,731 5 5 CREDITOR. s. d. By stock in trade at cost... ... 35,948 7 4 By book debts, good ... 44,856 0 2 Doubtful and bad 3,4211. 10s, 9d. ; estimated at ... By cash in houso... ••• By bills of exchange in house ... ... By value of railway shares .. By policies on customers' lives ... By improved rental of a house in Fri day street ... By bills of exchange amounting to 20,474/. 2s. 2d., deposited as collateral security fur cash advances of 13,843 L 7s. 10d., supposed will realise to the estate above the advances ... By leases of premises in Carey-lane, valued at ....£9,500 0 0 Mortgaged for ... ...£B,OOO 0 0 562 17 0 367 17 4 644 18 6 60 0 0 447 17 9 200 0 0 ... 2,723 12 9 By furniture, fixtures, &c. 13y freehold and leasehold property, mortgaged to cre ditors, and deducted from their debts 0 0 - 1,500 0 0 ... 1,689 3 0 a rent, salaries, taxes, &c. 89,000 13 10 983 8 0 By value (above the mortgage) of pre mises No. 3, Nassau-place, Com mercial-road ... ... ... ... By debt due from the es t ate of W. Mor ley, sen. (amount not stated). 1,200 0 0 £89,217 5 10 With reference to the above it was mentioned, that a large debt due from Mr. W. Morley, sen., and which, it appears, amounts to nearly 29,000!., is not likely to contribute a single shilling in the shape of assets ; while, also, to his excessive drawings, coupled with the dealing of the partners in accommodation bills, is chiefly attributed the deficiency in the ac counts. At the period in 1842 when the new co partnery was formed the whole of the proceedings were alleged to have been conducted in the most loose and irregular manner, inasmuch as, although the entering partners assumed, in consideration of a transfer of assets, all the debts and obligations of the old establishment, no proper investigation of ac counts was attempted, no stock was taken, neither did - the Messrs. Morley ever attach their signatures to the draft deed drawn out upon the occasion. In June last the house, according to the books, pos sessed a balance of 8,000/., but this amount on investigation proved to be fallacious, as it was com posed of assets taken at an improper valuation. One item alone was represented by railway shares esti mated at 5,500/., which in truth were only worth 4,6001., since reduced, by the management of these transactions being placed in the hands of Mr. W. Morley, sen., to the 601. exhibited in the balance sheet. The actual trading of the firm showed a profit, but in no way commensurate with the de mands made upon it. uTheresult o f th e di scuss i on, w hi c h did no t con old ewithout angry comments escaping from some of the creditors, elicited from Messrs. Morley a pro intimated on ent of their affairs, ' and it was Lions to the extent of nearly that, allowing for deduc• of debts, realisation of stock 19,000/. on the collection own conviction that thei36's't grounded on their meeting gave much too favourableateent laid before the es tate, they thought they could offer a view of their s eleven shillings in the pound, payable at tame, o r 2 d nine months' date, loan creditors to the extent of consented to enter into a bond not to re 1,5001. having till all other claims were satisfied. cZyteerpayment a little consideration this proposition was acceded t resolutions were passed f or i ts confirmation. to, resolutions stated that this estate in c l u d es nearly four hundred creditors. of Me ssrs The name of Mr. Grant, of the firm .ads ati one on of of Bell and Grant, having appeared on Friday the inspectors appointed to conduct the liquidation post as the affairs of Gower and Co., we have becqi lll requested to mention that he does not occupy that a , creditor, but simply from a private request havir4, been nig.de to him. At the present time it is a work of some d'fficulty to induce any parties to act as in spectors of suspended firms, not merely on account of the trouble it involves, but 'Tom the damage likely to be sustained by appearing to have suffered from a heavy loss. It is well, therefore, that It should be understood that in a large number of cases the parties who take the chair at the meetings of these firms, :and who are afterwards induced to act as inspectors, are applied to, as in the case of Mr. Grant, solely from the resp ec t i n w hi c h they are held, and that they un dertake the duty with no other feeling than that of a desire to render service. POST. —From w h a t has taken place at the Bank of Engla n d t o . day, the opinion expressed by us in respecting the probable purpose of the late measure of Government would appear to be pretty fully confirmed. There can be no d ou bt that, taken as a whole, the nnouncement of yesterday must be looked upon principall y a s ; demonstration. ' The rate of interest exacted on the deposit of Consols was as high as 12 per cent., while for the discount of bills that of 10, if not of 12, per cent. also was de manded. Such being the case, the disposition which had been manifested to embark once more somewhat riotously and recklessly in stock and share specula tions has been materially checked. The proposi tion of Government, to the effect that the Exche quer shall participate in the extra gains of the Bank, tends to the same result, since such a proviso must necessarily cause a disinclination on the part of the directors to run risks by which their position may be rendered materially more difficult than it has been. It is evident that they mean to be as sparing in their accommodation as circumstances will at all admit of. The private bankers have, as we had foreseen, become more liberal towards their customers. In the rates lately payable in Lombard-street, however, we do not hear of any essential alteration. The minimum has, per haps, so far, fallen little below seven per cent. per annum. According to the prevailing rumour on 'Change, the house of Messrs. Scott, Bell, and Co., the sus pension of which took place on Saturday, has re sumed payment. It is agreeable to hear this, and it may be hoped that one or two more of the solvent firms which have been obliged to stop, owing to the impossibility of procuring discounts, will be enabled to follow their example. Letters from Copenhagen of the 15th instant, in serted in the continental prints, state that the Bank of Denmark had raised its rate of discount for domestic bills to 5 per cent., and for foreign bills of exchange to 6f and 7 per cent. HERALD.—The principle upon which the relax ation of the Bank Charter Act was conceded by Mi nisters yesterday, and its probable consequences, have been the subjects of natural discussion in all circles in the City throughout the day. The bankers in the City have in practice generally adopted the minimum rate of discount fixed by the Bank of England, so that there is no abatement of the terms upon which accommodation is afforded to the commercial classes. Every person, therefore, acquainted with the state of the country for years past is perfectly aware that such a rate of interest for money cannot be paid for bor rowed capital employed on the average in production and interchange; and it is obvious that it cannot be maintained for any length of time. The certainty, however, of obtaining money on valid securities will enable all persons so situated to avoid making sacri fices of property for temporary purposes, and as con fidence is restored matters will resume their ordinary course. The propriety of extending the indulgence to Government Securities, Exchequer-bills, &c., is still strongly doubted in consequence of its presumed ten dency to induce speculation on the Stock Exchange. The objectors, however, have omitted to notice,one very strong reason for adopting this course—viz., that Sir Charles Wood considers a rise and fall of Consols for the account the only correct criterion of the condition of the country. The observation which we threw out last night, that the rate of interest on loans would not only operate as a check on the pur chase of Stock for speculative purposes, but would rather induce reflecting persons to sell for the purpose of employing their capital more beneficially, will, we apprehend, be found in practice correct. We have an evidence of this to-day in the fact of Exchequer bills having been sold at 20s. discount, which clearly shows that the holders consider the loss of 1 per cent. the least of two evils, compared with borrovsing upon them at the rate of 8 per cent. per annum. There was indeed a vague: report circulated around 'Change that the Bank had asked at the rate of 12 per cent. per annum for some stock offered to-day on deposit, but we could trace it to no authority that could be relied on, and therefore it is not entitled to credit. It will be some days before the positive effect of the measure can be properly ascertained, and the manner in which it is received in the provinces made known. ADVERTISE 11.—The effect of the Government measure has been felt in a sensible degree, and yet not in the slightest manner so as to give an impulse to speculation. The prifate bankers, following the cue presumed to have been given by the Bank of England notice of yesterday, have been more liberal with their customers. It must not be supposed, how ever, that they are inclined to take in bills not founded upon the most legitimate business transac tions. The effect of the measure will be simply this. Parties who are really entitled to support will have it; but, inasmuch as every prudent man must be aware that, in taking the bills of houses which have traded beyond their capital, he is jeopardising his own money, we should imagine that no one in these times would be so indiscreet as to run a risk. We feel satisfied, from what we have heard, that the feel ing in the Bank of England parlour is such as will not be likely to infringe seriously upon the substantial principle—good or bad, it is not now our object to inquire—of Sir Robert Peel's Currency Bill. If, however, the public mind is tranquillised, and the capitalist, no longer in anxiety himself, will freely assist others, all that it is at present desirable to accomplish will be effected. We are aware that many parties were surprised at the high rate of interest recommended, because the Bank of England had previously been taking in bills at a lower rate. Perhaps it would have been more judicious to have made a distinction between advances upon bills of exchange, and those upon stock. These, however, are not times for " nice" differences, and we shall probably find that speculation is in no way fostered by the wholesome removal of the trammels imposed upon the Bank. Had the latter exhibited more consistency in the re gulation of the current rate of interest, it is probable that we should have found the Government more willing at the present juncture to leave the rate of interest at the discretion of the Bank. It will be an important question, however, as to how long it may be expedient to maintain this rate. The improvement experienced to-day has been felt in the produce markets, and there is an advance to be noted in the value of several articles. Without desiring that any undue rise should take place, we may remark that produce has of late ruled so ex ceedingly low, and entails such serious loss upon the importer, that much relief would be afforded even by a temporary and partial rally. On the other hand, the period has arrived when the cultivation of produce in the colonies must be carried on at a lower cost, and more in proportion to the general scale of Euro pean prices. COURT CIRCULAR. WINDSOR, TUESDAT.—The Queen and Prince Albert walked this morning, early, in the Slopes and Home Park. The Royal Family took walking and pony exercise. The Duke and Duchess of Bedford, the Earl and Countess of Westmoreland, the Right Hon. Sir Robert and Lady Peel, and Mr. Brooke, took their departure from the Castle to-day. A deputation from the City of London, consisting of Mr. R. L. Jones, Mr. Deputy Harrison, Mr. John Dixon, Mr. T. H. Hall, Mr. Condor, and the City Remembrancer, had an interview with the Commis sioners of her Majesty's Woods and Forests yesterday, at their office in Whitehall-place. Mr. M‘Gregor, M.P., and a deputation from Glas gow, had an interview with Lord John Russell yes terday, at his official residence in Downing-street. Mr. Pope, Speaker of the House of Assembly of Prince Edward's Island, and Mr. Edward Palmer, M.P.P.—a deputation from that colony—had an in terview with Earl Grey yesterday, at the Colonial office. Messrs. Edward Palmer, J. Askew, William Grif fiths, J. Sterry, Edward Collinson, Richard Moser, A. J. Biscocks (architect), W. R. Glasier, and George Corner—a deputation from St. George the Martyr, Southwark—had an interview yesterday with her Majesty's Commissioners of Woods and Forests, on the necessity of taking immediate steps fur the com mencement of forming a new street through that unhealthy and depraved district, the Mint. The Metropolitan Sanitary Commission held a meeting at Gwydyr House yesterday. A deputation from the operative cotton spinners of Lancashire, consisting of George Johnson, Henry Turner (Bolton), and James Kellsale (Ashton), ac companied by Mr. C. Hindley, M.P., had an inter view yesterday with Lord John Russell. A deputation from the Windsor, Staines, and South-Western Railway Company, consisting of Mr. Chaplin, M.P., the Hon. F. Scott, M.P., the Mayor of Windsor, Mr. Reid, Mr. Chadwick, Mr. Campbell (Secretary to the South-Western Railway), Mr. Drake, and Mr. Horn, had an interview yesterday with the Commissioners of her Majesty's Woods and Forests.' Mr. Guthrie had an interview yesterday with Earl Grey. Mr. C. K. Murray had an interview yesterday Campbell had also interviewsMNrvithS with Lord John Russell. A e Lordshiprby and yes terday.Alr. deputation from the Junior United Service Club, consisting of M a j or Pole, Captain Cl ar k e, M r. Mac laurin, Captai n B aron, and Mr. Delmar, biad an inter view with the Commissioners of her Majesty's Woods and Forests yesterday. Dispatches for the Governor of Gibraltar • off yesterday evening f rom th e Colonial-offieeere sent . A deputation of the Quadrant Improvement Asso ciation, consisting of Mr. Poulson, Mr. Moss, Mr. Snoxell, and Mr. Newton (secretary), had an inter view with the Commissioners of her Majesty's Woods and Forests yesterday. THE QUEEN DOWAGER AT MADEIRA.—Rear-Ad mire! Sir Charles Napier, K.C.8., Commander-in-Chief of the Channel fleet, has been ordered to send either a steamer or sailing vessel once a month to Madeira, for the conveyance of letters to and from the Queen Dowager. fiLE SUN, LONDON, WEDNESDAY 13, Great Mariborough-street. INOTICE.-LIVES- OF TIIE QUEENS OF ENGLAND. By AGNES STRICKLAND. The ELEVEN - TR VOLUME will be published with the Magazines on the Ist of November, and those who desire to obtain early copies are requested to send their orders without delay to their respective booksellers. Henry Colburn, publisher, 13, Great Marlborough-street. THEATRE ROYAL, DRURY-LANE. M. JULLIEN'S ANNUAL SERIES OF CONCERTS. For One Month only. Ninth Night of the new Swiss Qtiadrille. Third Night of "La Figlia del Reggimento." PROGRAMME FOR THIS EVENING. P,►RT I.—Overture " Oberon," Weber—Quadrille, " The Minuet," Julllen—So7o, Clarionet, Mr. Lazarus—ValSe, "Le Desir," with variations for the whole of the first and second Violins, Tenors, Violoncellos, and Contra Basses, Beethoven—Recitative and Aria, sung by Miss Dolby, Mozart—New Quadrille, New descriptive Quadrille, The Swiss Quadrille, Jullien. Part IL—Opera, " La Figlia del Reggimento," grand selection, with Solos for Cornet-d-pistons, Oboe, Clarionet, and Bassoon, performed by Ilerr Koenig, Mr. Barret, Mr. Lazarus, and M. Bauman, Donizettl (third time). "La Figlia del Reggimento" is considered Donizetti's chef d'oeuvre du genre, and is the Opera in which Mdlle. Jenny Lind created the great sensation, during the last season, at her M ajesty's Theatre—New Polka, " Carriole," Koenig—Symphony, "Jupiter," The Andante, Minuet, and Finale. Mozart—National Song, " The Swiss Girl," aunt by Miss Dolby—Valse, " The Bridal," Julilen—Solo, Violin, M. Sainton, Sainton —Quadrille, "The Standard Bearer," Jullies. The Concert commences at Eight. Promenade and Boxes, ls. ; Dress Circle, 25. THEATRE ROYAL, TIAYMARKET. Under the Management of Mr. B. Webster, sole Lessee. THIS EYENINCI Will be presented a new and original Play, called THE HEART kND THE WORLD. Sir George Hallerton, Bart., Mr. Brindal ; Osborne, Mr. A. Wigan ; Thornton, Mr. Bowe ; Vivian Temple Mr. Creawick ; Walter Ashbrook, Mr. H. Vandenhoff; Transit, Mr. Gough; Laura Hallertou, Miss Julia Bennett, Mrs. Delmar, Mrs. W. Clifford ; Florence Delmar, Miss Helen ' , elicit ; Lady Parabout, Mrs. Stanley ; Miss Parabout, Miss E. Messent Aster which, the Drama of THE ROMANTIC WIDOW. _...„ To conclude with a New and Original Farce, called WHO'S MY HUSBAND ? Doctor Mull, Mr. Tilbury; Daniel Tootles, Mr. Keeley; Mrs. Smith Thompson, Mrs, W. Clifford ; Sophonisba Mull, Mrs. L. B. Buckingham ; Sally Starch, Mrs. Humby. Stage Manager, Mr. Farrell; Acting Manager, Mr. F. Webster. J. T. Archer, Box-book keeper. Boxes, ss. ; Pit, 3s. ; Gallery, 2s. ; Upper Gallery, Is. Doors open at Half-past Six, Performance to sommence at Seven. THEATRE ROYAL, ADELPHL Under the direction of Madame Celeste. THIS EVENING Will be perfo:med the celebrated Drama, called THE GREEN BUSHES ; or, A Hundred Years Age. Murtogh, Mr. 0. Smith ; Dennis, Mr. Cullenford ; Jack Gong, Mr. Paul Bedford ; Grinnidge, lir. Wright; Captain Harlots, Mr. Worrell; Madame St. Aubert, Madame Celeste ; Geraldine, Mrs. Yates; Nelly O'Neil, Miss Wool • gar To conclude with the Burlesque, entitled TAMING A TARTAR. Count Cracovieuinski, Mr. Worrell ; Kickerwhiski, Mr. Paul Bed ford ; Mazourki, Mr. Wright ; Ivan, Mr. Mcnyard ; Monsieur Cott pee, Mr. C. J. Smith ; Strelenski, Mr. Cullenford ; Countess Craco vienineki, Miss Woolgar; Mazourka, Madame Celeste. Boxes, 45.; Pit, 25.; Gallery, Is. Doors open at Half-past Six, Performance to commence at Seven. ROYAL LYCEUM THEATRE. Under the Management of Madame Vestris. Sole Lessee, Mr. Charles Mathews. THIS EVENING, Will be presented a new Farce, called LIGHT DRAGOONS. Lord Alfred Martingale, Mr. Charles Mathews ; Albany Lovelorn, Mr. It. Roxby ; Dr. Rhatany, Mr. Frank Matthews ; Mrs. Crowsfoot, Mrs. C. Jones; Matilda, Miss Howard. After which, a new Comte Drama, entitled TIIE PRIDE OF THE MARKET. Principal characters by Messrs. Buckstone, Leigh Murray, Granby, and Purselle; Miss H. Gilbert, Mrs. C. Jones, and Madame Vestris. To conclude with THE TWO QUEENS. The Interior of the House has been entirely re•desigaed by Mr. R. Bradwell of the Colosseum. Dress Boxes, Ss. ; Upper Boxes, 4s. ; Pit, ; Gallery, ls. N• half-price to any part of the house. The New Box-office, No. 2, wellington-street, is open to the Public every day, from Ten to Six. PRINCESS'S THEATRE. Engagement of Mr. MACREADY and MISS CUSHMAN. THIS EVENING Will be performed Shakspeare's Play of KING HENRY VIII. King Henry Eighth, Mr. Cooper ; Cardinal Wolsey, 3lr. Macready ; Queen Katherine, Miss Cushman ; Anne Boleyn, Miss Susan Cush man ; Lady Denny, Mrs. Selby ; Patience Miss A. Romer. After which Shakspeare's Comedy of KATHERINE AND FE TAL:MHO. Petruchio, Mr. Cooper ; Katherine, Miss Emmeline Montague. To conclude with the comic Drama of " LADIES, BEWARE I" Dress Circle, Ss.: Boxes, 45.; Pit, 2s. ; Gallery, Is. ROYAL SURREY THEATRE, Lessee, Mrs. F. Da 7 ridge, Igo. 1, DAvidge-terrace,Kensington-read, _ Surrey. THIS EVENING, October 25, 1817. the performance' will commence with the celebrated Opera o: THE ENCHANTRESS Duke D'Aquilla, Mr. H. Horneastle ! Don Sslvia, Mr. W. Harri son ; Ramir, Mr. Borrani . Stella, Miss Romer. To conclude with Mr. Bunn's Farce of MY NEIGHBOUR'S WIFE. Mr. Somerton, Mr. F. Vining; Mr. Smith, Mr. Oxberry ; Mr. Brown, Mr. Attwood (his first appearance) ; Mrs. Somerton, Mrs. H. Hughes (her first appearance these live years) ; Mrs. Smith, Miss Sebecea Isaacs ; Mrs. Brown, Mrs. R. Hughes.—Stags Director, Mr. 1. Ellis. A distinct entrance to the private boxes as been made (which have been re-fitted). Private boxes may be had nightly of all the principal Librarians; and at the Box-all:A of the Theatre, which is open daily from Ten until Four. Boxes, 2s. ; Pit, Is.; Gallery, Gd. ROYAL VICTORIA THEATRE. THIS EVENING Will be presented a new Drama, entitled THE 3IERCHAITT'S CLERK. A Love Story. After which, an entirely new Drama entitled THE BOTTLE, from Cruikshank's celebrated Work of the same name. To conclude with the Ballet of THE FARMER'S MAN. Boxes, is.; Halt-price, 6d.; Fit, 6d.; Gallery, 3d. Doors open at Six, to commence at Half-past Six. ASTLEY'S ROYAL AMPHITHEITRE, Ir.)prletor and Manager: Mr. William Batty. THIS EVENING The Grand Spectacle of THE CATARACT OF THE GANGES. Entirely new Scents in the Arena, by the talented Artistes of the ltstabll4l,ment, in the .arious modes of equestratlon. To conclude with the Ballet, NORAII, THE PRIDE OF KIL DARE. Box-oftice open fkom 11 till 5. Acting and Stage Manager, Mr. W West. 11IE WEATHER.—Sun OFFICE, OCT. 27. THERMJIIIETER, Lowest, 45; Highest. 50 ; Noon, 50. BAROMETER, 30.4. WIND S.S.W.; morning, rain; afternoon, cloudy. Milli WATER LONI)ON-BIZIDGE THIS DAY. Morning.. 13 minutes after 2. j Evening .. 39 minutes after 2. 1 tritilirt . (1 11114'4, LONDON, WEDNESDAY. OCTOBER 27, 1847. The concession of the Government to the general demand made by persons of every class, for a relaxa tion of the extreme stringency of the Act of 1844., has awakened the liveliest joy in all parts of the country. Every one feels as if some grievous burden had been removed, and that at length he might rea sonably hope that his exertions would be crowned with success. Already the manifestations of return ing confidence are apparent, the gloom and depression are rapidly passing away. The stoppage of :many houses of acknowledged solvency, but which were placed in jeopardy from the impossibility of obtaining discounts upon any terms, however exorbitant, has been averted. In the general rejoicing, the limited character of the indulgence and. the high rate of interest which is thereby renedered necessary, appear to be forgotten. The great facts, that the restrictions on a sufficient circulation have been suspended, and that, as the most tale nted supporter of the present, or we should rather sas the late, system has admitted, "a fatal blow has been given to PEEL'S Bill!" have, for the present at least, contented the people, and removed the objections that would otherwise have been offered to the stipulations contained in the letter announcing the intentions and wishes of the Government. It would certainly have been more graceful, and in every respect more desirable, if a full discretion had been af forded to the Bank Directors as to the nature and extent of their operations. They would, of course, have been in daily communi cation with the Government as to the manner in_ -which they might act under the new state of affairs, and would have yielded a ready assent to any rea:sonable suggestions of the Ministry. They might 'even at first have adopted the high rate of eight per elent. as the minimum at which they would have discounted mercantile paper, or made advances upon am y de scription of security, public or private ; but thee fixing an invariable rate of interest, which, under a:ay cir cumstances, is not to be departed from, appeal s too like an attempt still to maintain a self-acting reg alation, to meet with much favour. The desire, too, tllx at the entire profit of the extra issue should belong to the public, while the Bank had to encoun ter all the labour and all the risk, was hardly worthy of the rulers of a mighty nation. In such is crisis, the better course would have been simply to have suspended the Act of 1844, so far as it relate =d to the issue of Bank of England notes. The• course that proved so effectual in 11: . 25 should h. e been followed as closely as possible. An issue of one pound notes then preserved the national en ed It, and why should not a similar course have been sfe3 ctioned at the present period? If there was to be 'any de parture from the law, if an Act of Indem m ity was rendered necessary, why might not full pm vi :rs have been at once granted ? There was a striking similarity between 'the state of affairs in December, 1825, as described by Lord e ASHBURTON in his able pamphl e t—" T he Fi nanc i a l Crisis h e causesC°nsid e t e a d t " I — e d a thend re * to those w e r o e f and the present period. . not alike, but the results • were singularly -so. On the former occasion h t ere was really a dearth_ , of specie —the gold was nearly drained from the Bay slc coffers. But 1 ,027,0001. alone remained in its cellars on Saturday, the 17th clay of December. Previousl y thereto the directors had by every means; in their power attempted to restrict the circulati oaa, and to hoard all their resources ; but the ' • panic Inez taw d under that treatment, and their bullion was r & • • • IyDal - nished. Their example was universally followed, until there was not a sufficient circulation to supply the wants of the country, and commerce, trade, and in dustry were paralysed from the want of adequate representatives of value. During the past month there has been an abundant supply of specie, more than 8,000,000/. in gold being locked up in unprofitable idleness; but the directors were com pelled to adopt the same suicidal policy, from the absurd law by which they were controlled and de prived of the slightest power or discretion. Lord ASH BURTON, in relating the history of the former period says—" The credit of the Bank, for all domestic purposes, was perfect. There was no man in the country who was not ready to take its paper as a means of circulation, and to give even his gold for it the moment he was assured that his neighbour would take it from him again. The gold was not wanting to send abroad, the state of the foreign ex changes forbade it; there was, therefore, no kar of depreciation of paper. The necessity and pressure was purely domestic. What was wanted was some thing which everybody was disposed to trust as a substitute for what everybody distrusted, and the paper of the Bank of England answered, in such a state of things, the purpose as well as gold. It may be said to have done so even better, as being more transmissible and reaching more readily and rapidly the points where it was wanted." It would scarcely be possible for any one to have drawn a more accurate picture of the recent state of the country. During the entire panic there has not been the slightest imputation on the solvency or stability of the Bank ; "its credit for all domestic purposes was perfect," "the state of the foreign exchanges forbade the exportation of gold, and what was wanting was something that everybody was disposed to trust," via., a sufficient issue of Bank paper of the smaller denominations, or, better still, national notes receivable in payment of taxes, and seared upon all the resources of the country. Much instruction may be derived from the succeeding paragraph of his Lordship's statement. He says, "In this state of things the remedy for the difficulty was obvious, and immediately agreed to by us. Although the Bank had no specie left, a large additional issue of notes WAS made, and about 1,500,0001. of notes of 1/., which were accidentally found to be in existence, were circulated; the relief was immediate, the country received a circulating currency in which everybody had entire confidence, and the useless geld was returned to the Bank." And such would now be the case if 1/. notes were sent out to take the place of sove reigns. Notes for 5/. are too large to be used in the ordinary and every-day transactions of life, and consequently gold is essential ; but in Scotland and Ireland, where small notes are tolerated, they are readily rec e i ve d, an d there is even a general desire 'to - exchan ge gold for the notes of the banks in which confidence is reposed. Why, then, should 11. and V. notes not be sanctioned; and why should not silverthe standard of value in all the continental states—be made a legal tender ? Is the ri diculous statement of Lord LIVERPOOL, " that as England was the richest country in the world it should use the richest standard," to be considered a sufficient reason why we should submit to its con tinued rejection, why merchants, with a large supply of silver, should be unable to find a pur chaser therefor, without exporting it from our shores ? The public now entertain sounder views on these matters, and they will no longer sub mit to all their interests being sacrificed to the main tenance of an absurd theory. The Parliament must speedily be assembled together, and we doubt not that the result of the legislative enactments of the ensuing session will be to liberate our trade and commerce from the fetters in which it has so long been - enchained, to carry out to the fullest extent the glorious doctrine of free trade, and to effect the abolition of every species of mono poly. But the people must be active and energetic ; they must not rest satisfied with the victory that has already been attained; but their present success should only stimulate them to increased exertion. His Royal Highness the Due D'AEMALE has evidently taken the Earl of ELLENDOROUGH as his model as a rhetorician. The first Proclamation ad dressed to the Arabs and Kabyles by this illustrious and experienced warrior since his appointment to the Governor-Generalship of Algeria, is redolent of the sweets of oriental oratory. Brief as it is, we might readily cull from it masterpieces of hyperbole, and passages evincing in the youthful Prince the most poetic fruitfulness of imagination. Its introductory sen t en ce announces with a grandiloquent flourish the appointment of his Royal Highness to the Govern ment of the Franco-African dominions, extending from the frontiers of 'Tunis to th e b oun d ar i es o f Morocco. The Due D , AIIMALE immediately after wards becomes sententious and reminiscent, casting a very pretty paragraph before his foreign lieges, a paragraph which, figuratively speaking, must prove a nut rather difficult to crack even between the jaws of an Arab or the teeth of a Kabyle. Accord.. ing to the aspect in which this v i ce - rega l nut may be regarded, it will appear on examination either as a bullet or as a sugar-plum. Thus speaks the oracular Governor-General of Algeria : " You have learned by experience, 0 M ussu l mans ! how powerful and formidable is the arm of France, and how just and clement is her Government." Certes it is the aesthetic sage in "Rasselas" discours ing to the immaculate but ve r y gu ll a bl e pr i soners i n the valley of Abyssinia! "By experience," 0 Mussulmans ! you have acquired this exquisite capa bility of appreciating the justice and clemency of the French Government, as well as the power and the terror of its armed legionaries. By experience Witness it the desolated homes of the Mahometans, the ravaged territories of Kabylia, the bombardment of Morocco, the assassination by slow fires in the cavern, the cannon' balls of DE JOINVILLE, the fu s ill a d es o f B faggots of LAMORICIERE! WitnessuG Eu t, thosean the blaz i ng terrible crimes of military depravity lk and civic spoliation which have dyed the blue and white of the tri-colour with blood, and likened the standard of France in Algeria to the red banner of the desolators of Borneo! Justice and clemency forsooth ! it is the justice of RADAMANTHES and the clemency , of VALENTINO. Having indulgedin this delicate fan farronade, his Royal Highness endeavours to clothe himself with the remembered lustre of his prede cessor. Still addressing the unbelievers—" You have made your submission," he says, " to the Marshal, and you have had proofs of the kindness of his go vernment : you must bear in recollection that he ho noured the great, protected the feeble, and was equitable to all !" So voluble is this panegyric upon the Due D'lsra• that we could almost attribute it to a sincere conviction of the integrity of the French po licy in Northern Africa, arising out of an incompre hensibleieenparpteargye ofersion of judgment, did we not remember th g n t t e y Due on D ' t A h o u m p a ar:t of ! All m t a h r i e s s o h h y a-i hy pothetical ben BUGEAUD 13 attributed, with filial partiality, to the reigningSovEamorr. Is the Governor- General described as great and generous after victory ? His greatness and generosity spring from the bosom of the KING ! Is BUGEAUD depicted as the respecter of the property and religion of those who wore the turban and marched under the glittering symbol of the crescent ? Both property and religion owe their preservation to the KING ! Is the conqueror of Isly said to have evinced throughout his administration an inexhaustible good ness ? That goodness is declared to have been merely the indirect effusion of the goodness of the KING! Thrice does the proclamation pronounce this loyal asseveration—" It is the KING," C'est le Roi ! Yet clemency, generosity, and justice are the attri butes of the Sovereignty, and the Sovereignty of the Constitution of July was diffused by the revo lution among the ranks of the people, and not concentrated, according to the primal axiom of feudality, in the person of the Mo rraacii! These evidences of beneficence are attri butable, therefore, immediately to the nation, and p no u t i r ip ec r li z a , te t l h y ro t u o gh th t e he SovnuEros. like the travestied copy of a greater Lours, he seems to proclamation And of his y s e o t n , Louis arro - babble to the ragged Kabyles and Arabic . gates these national attributes to lumselfindiv t i a d tt u e a r l d ly e : While his Royal Highness the Governor-General cm,easltiomonsithi moil" adage of irresponsible authority—"L'etat, c o e f l A eb l ri ge ty ria b i y s sttrhievinpgubtloicaactiqouniroeffotrbehsiemself grandiloquent spurious harangues, a simple deputy—the Deputy of Macon— is striking a blow at the dynasty of the anointed s A 4 , AV 7 1 a I ...' . ''.. .q.. . 'a ; 4 .‘ 11.. , • !- ~ 1111014' "..", . , ... " 1111111 ,. N.....'' , ' 4 r•m 0 -; 4 ,f ~,,,••• • .xtp..- 1- . Asi;44 4 ttl,l; ~ .e,,,..: , • 1 iii.:,, ,, :,,•* 4 !: , ....,.1- - -.- : p kr' ', , , ''', '4 , to , • ' , t;. -- , - ~... EVENING, OCTOBER 27, 1847. ORLEANS 1 The blow is levelled through a provincial newspaper, and is conceived in the daring heart of a poet, a dreamer, and an historian—ALPHONSE DE LAMARTINE ! The ultimatum of the illustrious De puty of Macon, originally printed in the Bien Public of that town, and copied yesterday into our own columns, is the compression, into a few brief but emphatic requisitions, of that spirit of disaffection towards the degenerate policy of LOUIS PHILIPPE, which has been long fermenting in the mind of every liberal Frenchman, and which has latterly betrayed its existence, its earnestness, and its audacity in a succession of Reform banquets, convened not merely in the capital itself, but in the principal cities of the more important departments. M. DE LAMARTINE has sympathised in the dissatisfaction of his fellow-countrymen, and his voice has at last re sponded to their enthusiasm. After weaving an historic crown for the memories of ROUGET DE LISLE, Of THEOPHILE FERNIG, and of his heroic sister, FELICITE FERNIG—the bard and the amazons of the " Great Revolution"—ALPHONSE DE LAMAR TINE evinces a solicitude to struggle himself for the realisation of those seductive visions of freedom which evoked the immortal strain of the Ztfarseillaise, and the memorable valour of those young and beau-. tiful girls, who courted death amidst the murderous volleys of Jemappes. Time can alone show whether FELICITE and THEOPRILE fought in vain in the ranks of France, or whether the aspirations of ROUGET DR LISLE were to remain unrealised, until explicitly enumerated and explained by a kindred bard—the poetical historian of the Girondists. A letter from Bologna, of the 16th, says— " Letters from Ferrara state that, instead of eva cuating the city, the Austrians have doubled the posts, and have fired on the people. This event is related as follows :—A young man having passed be fore an Austrian sentinel with a cigar in his mouth, the soldier gave him a blow with his bayonet. A struggle then took place between the young man and the sentinel ; and the soldiers of the post fell on the young man, and struck him with their swords. A priest having taken his defence was also ill-treated. 'The people of the city became irritated, and assembled around the guard-house, whereupon the Austrians seized their arms and fired on them. The population desired to sound the tocsin, and to avenge themselves for the excesses committed by the Imperial troops, but Cardinal Ciacchi calmed the people, and at the same time caused the young man, who had been ar rested, and who was grievously wounded, to be given up to the Pontifical authorities. Numerous patrols of Austrians on foot and horseback traversed the city of Ferrara during the whole of yesterday." A letter from Rome of the 12th says— "The Prince de Canino is still under arrest in his palace. It appears that proceedings are being insti tuted against him ; it is not astonishing, that if certain dynastic circumstances be remembered, this personage should inspire the Government with apprehension It is said that M. Ferriero, who was Chargé d'Affaires at the Hague, is to be sent to Constantinople to pre sent to the Grand Seignior the compliments of his Holiness, and,that he is to proceed thence to Washing ton on an extraordinary mission. The congregation of revision, composed of a cardinal as head, four pre lates as councillors, and of an equal number of lay councillors, is about to be suppressed; the council of deputies will have its attributions. Prince de Roviano has been charged with the task of drawing up a code of regulations for the navy. Count Car lesshi has been placed at the head of the Customs. Father de Sanctis, one of the most able men of the time, who at first was a warm advocate of the cause of Italian reform, and who afterwards embraced the opposite views, being dreadfully annoyed by the fact of his not being able to obtain a bishopric, has aban doned the Catholic religion and turned Protestant We have now here at Rome M. Granier de Cassagnac, formerly editor of the Globe, and afterwards con nected with the Epoque. It is stated that he is charged by M. Guizot to found a French journal here, the columns of which are to be open to all the inspirations and views of that Minister. The new journal, which is to be the organ at Rome of the pre sent French Ministry, is to bear the title of the Courrier de Rome." This M. GRANIER DE CASSAGNAC, the chosen of M. GUIZOT, was the intimate associate of the con victed perjurers BEAUVALLON and D'ECQUIVILLY. He was the man who lent BEAUVALLON the pistols with which he shot DUJARRIER, and at the trial of D'Ecconvxmor attempted to suppress evidence by threatening to call out one of the witnesses, for which he was severely reprimanded by the Court. M. GRANIER DE CASSAGNAC was the agent through whom was negotiated with the Government the sale of the permission to open the third lyric theatre, and he was accused of having offered to procure the pass ing of a Bill through the Chambers, " for a consi deration," for compensating the post-masters of France. This is the gentleman whom M. GUIZOT has dis patched to Rome to be his representative. The POPE has, it is said, refused permission to this moral and incorruptible friend of the moral and incorruptible M. GUIZOT to establish his journal in Rome. It is rumoured in Rome that Lord MINTO is charged to 'leliver to the King of NAPLES the ultimatum of England against any intervention in the affairs of Italy by Austria, even if demanded by the Neapolitan Government. The Alba of Florence, of the 18th inst., relates that a deputation of Pontremolese, and of inhabitants of Fivizano and Bagnone, the districts destined to he annexed to Modena, had presented to the Grand Duke of TUSCANY, at the door of the church of San Mar tino of Lucca, a petition couched in the most moving terms, praying that he would negotiate for their being under his government. It is added that the Grand Duke shed tears on receiving this unexpected petition. All the journals of Tuscany have warmly espoused the cause of the above towns. A letter from Florence, of the 19th, says— " The protests of the inhabitants of Fivizano and Pontretnoli, against the arrangement with the Duke of Lucca, which transfers the former to the Duke of Modena, and the latter to Parma, occasion great anxiety. The people appear resolved to oppose all attempts at possession by the troops of Modena and Parma, and have already destroyed the bridges and parts of the roads, to prevent the arrival of artillery. As the Duke of Modena has only an army of 800 men, he cannot venture upon an attempt to subdue a popu lation of 45,000 persons resolved upon a vigorous resistance, and relying upon support from Pisa, Lucca, and Leghorn, where the people have bt en excited in their favour by popular orators. Austria will thus find a pretext for intervention, and a casus belli may arise notwithstanding the efforts of diplomacy to effect a friendly arrangement. The Grand Duke of Tuscany has offered to purchase the territory of Fivizano, but it is not supposed that Austria will permit such a transfer, as Fivizano is in the defiles of the mountains, and is ,of great importance in a strategic point of view. You have probably heard of the insult offered at Leghorn to the Neapolitan Consul. This affair was considered of sufficient im portance to induce the Count de la Rochefoucault, the French Minister at the Court of Tuscany, to set out in great haste for Leghorn." Accounts have been received from Berne of the 22d. As was expected, the Government of Lucerne has refused to receive the delegates from the Diet. Mr. JAMES FAZY has not accepted the mission of Federal Representative in the Valais, as the internal affairs of his own canton require his presence at Geneva. In consequence of reports from Lucerne, additional troops have been called out, and one party of them has marched in the direction of Lucerne, and the other in that of Priburg. The Madrid mail had not arrived in Paris when the post left. We have received the Paris papers of Monday. If the following intelligence, which we extract from the Commerce, be correct, there is still room to hope that Switzerland may be spared the horrors of civil war. The POPE, it is hoped, will offer to mediate between the Sonderbund and the Diet. " Switzerland," says the Commerce— " May still reckon on a beneficial intervention, which will be better appreciated than the interference of which France has reaped the disgrace. The Pope is said to entertain a project, which would be perfectly in harmony with the high mission of peace, liberty, and charity the chief of Catholicism pursues in Italy, amidst the applause of the entire world. Pius IX. proposes to interfere in the Swiss question by wise counsel, by the authority of his word and his virtues. It is even said that the St , vereign Pontiff will profit by that solemn opportunity to introduce various re forms into the internal government of certain reli gious corporations. We consider that the solution of the deplorable intestine dissensions of a generous nation, emanating from Rome, would be the best, the most efficacious, and rational of all ; for it would in future divest a question exclusively political of the appearances of a religious struggle, which rouses the passions, bewilders the conciences, and implants in the heart of Switzerland inextinguishable elements of discord. Papacy has suddenly resumed, under the auspices of an enlightened Pontiff, its former political importance, and nations again look up to the Roman See for assistance, when all other tails. If the cantons of the League would attend to our advice, we would tell them Anticipate the action of the chief of your Church; adopt him as judge of your scruples, your tears, and your apprehen sions, with regard to the encroachments on your reli gious freedom, which you, right or wrong, attribute to your brethren, and abide like faithful Christians by his pious decision." „ The Journal des Debut, publishes a letter from Berne of the 23d, which contains the following:— "Yesterday evening, as Mr. Peel was returning on foot from a party in the suburbs of Berne, he was rudely stopped by a sentinel. Mr. Peel asked him if he understood French. The man replied in that lan guage that he did so perfectly ; but in German desired the Minister to follow him to the guard-house, and there lodged him without any regard to his station. Mr. Peel in vain exhibited his permit of residence, and was detained several hours, subjected to the insult of rude and gross language. He was not released until an officer of the police came in and recognised him. Mr. Peel laid a complaint before the governor of Berne, but it was, it is said, treated very lightly by M. Ochsenbein, and it is expected that the repre sentative of England intends to demand a more suit able satisfaction. If it be true, but which we con tinue to doubt, that the Government of the Free Corps has found some sympathy in the representative of Great Britain, it must be confessed that it answers to this very badly ; and this simple fact is quite enough to give the measure of respect in which our Liberals hold personal liberty." The above, if not a positive fabrication, is no doubt a gross exaggeration. The Berne correspondence of the Journal des Debats is for the most par written at the Foreign-office in Paris, and the scribe employed by M. GuizoT to manufacture Swiss news sometimes gives too free a rein to his imagination. The Union Monarchique repeats, with details, the report of 'the intention of the Bank of France to subscribe for a portion of the new loan. This journal says— " The council of the Bank of France has decided that the Bank should take part in the new loan to the extent of 25 millions. This decision was preceded by , a very warm discussion. Several members main tained that it would not be very proper or dignified for the Bank of France to take an interest, in a degree subsidiary to a private banking-house, in a loan the conditions of which it had neither discussed nor regulated. Notwithstanding these observations, the majority pronounced in favour of a subscription for the tenth part of the loan, at whatever rate it might be taken by M. de Rothschild, who thus re mains sole master of the conditions. What is re markable is, that this decision was come to on the report of M. Hottinguer, whose name was the only one at first pronounced at the Bourse as likely to be at the head of a company of French bankers to send in a tender in opposition to M. de Rothschild." The Constitutinonel confirms this report. It says— " The Bank of France seems to have resolved to take an interest of 25,000,000 f. in the new loan. It is said that the Ministry has some weight in this deci sion. In fact, it appears, that the applications to the receivers-general and the stockbrokers for shares in it come in very slowly, and the Ministry conceives that the news of the co-operation of the Bank will bring the loan more into favour with the capitalists. A morning journal has said that there is reason to believe that this resolution of the Bank will be followed by a petition to the Government for its authorisation to increase the Bank capital to the amount of 90,000,000 t. ; but we have reason to believe that, at present at least, nothing of the kind is in contempla tion; and, in fact, it is not when it is purchasing Rentes that the Bank can have any need for enlarging its capital. Without entering into a premature dis cussion, we shall content ourselves with observing that the Bank, by taking at this moment an interest in the loan, exposes itself to have reflections cast upon it. People will ask why and how it happens to be able to buy stock, when it has not cash enough in hand to lower its discount to its primitive rate ? Now, it will be feared that this reduction in the rate of discount, so much desired by commerce, will become still more remote by the sinking of the disposable capital of this ;;teat establishment. These are the points which the Bank ought to reflect upon before it comes to an irre vocable decision." Accounts have been received from Algiers to the 20th. The Akbar publishes a proclamation ad dressed by the Due D'AUMALE to the Kabyles, an nouncing his appointment as Governor-General of the colony. The Moniteur Algerien states that two razzias took place on the 13th and 14th on the territory of the Ahmyanes Gharabas, to the south of Sebdon, who abandoned 15,000 sheep, 240 camels, a number of horses, and a considerable booty, to the hands of the French and their native auxiliaries. The utmost tranquillity continued to prevail in the provinces of Algiers and Oran, and hostilities had ceased in the neighbourhood of Gigelly since the attack of the 3d. A nominal rise of prices occurred on the Paris Bourse on Monday. Scarcely any business had been transacted. The Three per Cents. closed at 75f. 50c. ; the Five per Cents., 114 f. 80c.; the Orleans Railroad Shares,- 1,161 f. 25c.; Rouen, 902 f. 50c. ; Havre, 512 f. 50c. ; Great Northern, 526 f. 25c. ; Avignon, 520 f. Vierzon, 533 f. 75c. ; Bordeaux, 453 f. 75c. ; Troyes and Montereau, 230 f. ; Dieppe, 245 f. ; Basle, 148 f. 75c. ; Paris and Strasburg, 390 f.; Tours and Nantes, 370 f.; Paris and Lyons, 382 f. 50c. ; Lyons and Avignon, 473 f. 75c. ; Belgian Two-and-a-Half per Cents. 51. MARSEILLES, OCT. 21.-Marseilles and Avignon, 520 f. ; Northern, 523 f. 75c. LYONS, OCT. 23.—Paris and Rouen, 898 f. 75e. ; Avignon and Marseilles, 521 f. 25e. ; Northern, 525 f. ; Paris and Lyons, 380 f. ; Orleans, 1,157 f. 50c. BUSINESS DONE IN 'FOREIGN RAILWAYS AT THE LONDON STOCK EXCHANGE, OcronEz 26. Boulogne and Amiens, 13N —Namur and Liege, 5 Northern of France, 11 1 A —Sambre and Meuse, 6—Wes Flanders, 134. HAYMARKET THEATRE. The Taming of the Shrew, as originally written by Shakspere, and acted at the Globe Theatre, before the art of scene-painting was known, and when a change of scene was indicated by a placard inscribed with the name of the place intended to be represented, was revived at this theatre last evening. On its re vival in this fashion three years since, Webster was the Petruchio and Mrs. Nisbet the Katharine, and last evening they resumed their old characters. The Katharine of Mrs. Nisbet is the best on the stage, and Webster throws a heartiness into the character of Petruchio which " tells" exceedingly. The Grumio of Keeley, who sustained the character last evening, is a vast improvement on that of his prede• censor. Keeley is a t rue Sh a ksperean actor—rich, racy, unctions, and droll, without any overacting or bufibonery. His Grumio is worthy to rank with his Verges, both being perfect. Mrs. Nisbet, Webster, and Keeley were all called before the curtain at the conclusion. PRINCESS'S THEATRE. Miss Cushman appeared here last evening in the character of Meg Merrilies, in the opera of Guy Man nering. She is far and away the best Meg Merrilies who has ever appeared, and she never acted the character better than last evening. The Dominie Sampson of Compton was exceedingly rich ; it was the nearest approach we have ever yet seen to Liston. The comedy of The Wonder concluded the evening's entertainment, with Miss Emmeline Montague as Donna Violante. She acted the character beautifully. The house was well attended. ROME, OCT. 16.—0 n the 13th his Holiness the Pope received to private audience with great benignity his Serene Highness the Prince of Gonzaga-Mantua. The Prince wore the magnificent uniform of Grand Master of the Order of the Redemption, founded many years since by the Dukes of Mantua.—Roman Advertiser. INSITUTION FOR THE ADULT DEAF AND DUMB, RED LION-SQUARE. — Yeaterday a meeting of the Com mittee of the above valuable charity was held at the Board Room, 26, Red Lion-square, Bloomsbury. Mr. J. G. Simpson, the secretary, stated that numerous ap plications had been made by clergymen in the provinces anfuyndve, ry , inte resting the soliciting admission for deaf and dumb youth s , t o b e t aug ht some trade, by the kno w l e d ge o f wh i ch they wo uld be enabled to support th emse l ves b y their own A to buildingd efe uponr many the institution, industry ; but, owing to the seriously d e p resse d state of t thehe c f u o n m d am s n , dt andtee deservingwere the number cases. compelled already pro posed at the annivert ar y meet i ng, presided over absy Duke of Cambridg e , was i n progress, and had received support from sev era l mem b ers of theßoyal family, but at the present time the general fund was of much greater importance, the funds in hand being greatly inadequate to the current expenses of the charity. The secretary concluded by earnestly hoping that the charitable and benevolent would step forward and enable the institu tion to mitigate the distress and misery which was so greatly prevalent amongst the deaf and dumb of this country. The report of last year, among other inte resting statistical matters, states that the income for the year amounted to 1,5021. Os. 2d., and the expenditure to a similar sum, including the payment of debts exceed ing 3801. During the same period temporary relief was granted in upwards of 350 cases. MR. CODDEN.—We learn, with very great pleasure, that Mr. Cobden has recently been able to purchase the °eternal property of his family in Sussex, which is con siderable, and which had passed into other hands. This is a remarkable circumstance in the life of any man; for it will be easily u nderstood that a combination of favour able influences alone could accomplish such an Object.— Bolton Free Press. • MONEY and COMMERCIAL NEWS. CITY, QUARTER 10 THREE. The Cotton Market at Liverpool yesterday was firmer, the sales being 2,000 bales, with a good feeling. Railway shares were also better. From Liverpool the mercantile advices are of a favourable character, and the idle reports current for some time past respecting the position of dif ferent houses have been lulled in the assurance that no solvent firm is now likely to be placed in difficulties. The bankers are much more liberal, and it is said that the applications for advances made to the Bank of Eng land have not been very numerous. The check given to foreign loans and excessive railway expenditure is likely to be very decidedly felt, as the " calls" for the present month are only about a million and a half, and probably these will be greatly in arrears. It may be as well to note that the exchanges are not likely to be quite so well supported, but that bullion is still coming in quietly from the Continent. The Stock Market has been very fluctuating, and there is a difference of nearly one per cent. between the highest and lowest quotations. Consols have ranged from 834t0 821 for Transfer, and from 83ito 82k for Time. Exchequer-bills have been 20s. to 15s. discount. The New Three-and a•Quarter per cents. have been 831 to 82k. Bank Stock has ranged from 183 to 187. The foreign securities are quite neglected. Mexican are 17 to 17i. Chilian are 85 to 86k. Dutch Two and-a-Half per Cents. are at 53. Railway Shares have; gone back again, the natural result of a re action after the decided improvement of yesterday. . ORE CLOSING PRICES OF BRITISH FUNDS. O'CLOCK. PRICES. Bank Stock 3 per Cent. Reduced Anns.. 3 per Cent. Consols Annuities 83 16 82% 83 1 4 82%34 82 6 4 New 3 1 4 per Cent. Aims 834 82% 83% 82% 82% Long Anns. to expire Jan. 1860 ... 8 7-16 4 sli Ditto, Oct. 10, 1859 ..... ...... 8 3-16 4 84 Ditto 30 years, Jan. 5, 1860.... 8% 8 11-16 India Stock India Bonds, 1,0001. Ditto under 1,000/. .. ...... Consols for Account... ..... .8336% 82 3 / 4 83 8214 83 83 Exchequer Bills. 3d. 1,0001. 500/ Small PRICES OF FOREIGN FUNDS Brazilian Bonds ONE O'CLOCK CLOSING PRICES 76 85 16% 20% 105 Chilian Bonds 6 per Cent...... 8 6 1,4 85 Mexican, 5 per Cent. 1846 175. 17 Portuguese 5 per Cents. — Ditto, 4 per Cent. — Russian Bonds Spanish 5 per Cent. 1840. Ditto 1847 •—• 10% Venezuela Bonds, 2% per Cent... Ditto, Deferred B% 8 1 / 4 Dividends on the above payable in London. French Rentes, 5 per Cent —f. —c. 114 f. —c. Exchange —f. —c. 25f. 90c. Belgian 4% per Cent Dutch, 2% per Cent., 12 Guild 53 53 Ditto. 4 per Cent. Certificates 82% 82 PRICES OP PAID. BUSINESS DONE CLOSING RAILWAY SHARES AT ONE O'CLOCK.. PRICES Aberdeen Amber., Nott., Boston, and Eastern Junction 2%...... Ayrshire and Galloway.. 2% Belfast & County Down 10 .. . Birmingham and Ox ford Junction Birmingham, Wolver hampton, and JDudley 10 ... .. 14% 13 % Birming.,Wolverli'pton, and Stour Va11ey..... 8 ...... 6 1 4 Birkenhead, Lancashire, and Cheshire June.... 6% — Boston, Stamfd, & Birm. 5 Bristol and Exeter 75 Ditto, Thirds Buckinghamshire B/. 4s ....... ..•••••• Caledonian Ditto, Half Shares..... 3 3 / 4 % 1 Ditto, Clydesdale June 40 ...... Chk,ster and Holyhead... 37% ••• ........ ••• Ditto, Preference 4 •••••• Cheltenham and Oxford 2 ..... . Clarence 13% 6 10 35% 1 Do. Ist Class, 6 per Ct. 10 — Do. 2d Class, 5 per Ct. 10 Do. Government Loan, 4 per Cent. lO Dublin and BelfastJunc. 20 Dundalk & Enniskillen 15 - East Anglia, 251., L. & E. and L. and D. .....• 25 ...... Do., 18/., E. & H.... 18 - Do., 31.105., E. &H. 1 Eastern Counties 2O ...... 16 16 1 4 15% ... 16 Ditto, Perpetual, 5 per Cent, No. 1....... 61.135. 4d... 1 4 dis Ditto ditto, No. 2... 61. 13s. 4d... Do., York Extension.. 10 ...... 8 7% 7 Do., North. & Eastern 50 ...... 49 ' 72 . Do., Quarters Do., New 23 — Eastern Union 5O .. ... ...... .. ... Ditto, Quarter Shares 12 1 , — Ditto, Thirds ... ..... 13s. 4d East Lancashire Ditto. New Do., do., Exton. Scri 11/ •••••• ..•••• a.SIB a...• .....v., Liu., i. ip 4 - ..... East Lincolnshire Edinburgh and Glasgow 50 ...••• 49 Ditto Half Shares ... 15 Ditto, Quarter Shares 1 2 .4 Edinburgh & Northern.. 20 Ditto, New - .......... ..... Ditto, Newport ..... ... 7 Ditto, ditto, New . .... I % — Edinburgh and Perth... 2 ... Ditto Extension los. Exeter:Yeovil, & Dorch. 2 5 ,/ a Ditto, New Glasgow, Dumfries, and Carlisle B/. 6s. 8d Glasgow, Kilmar.,& Ayr 50 ..... Ditto, New Do. Preference Consol. 12 1 ,4...... Great Northern 8 Do., London and York 24.. Great South. and West. (Ireland) Great North of England..loo .218 Ditto, New 404 5 — Ditto, New 30/. Ditto, New 15/ ... 1 1 / 2 — Great Western Ditto, % Shares.. .50 Ditto, 4 Shares 2...... 15 Ditto, Fifths Ditto, New 17/ Huddersfield & blanches. 22 ...... Ditto, Thirds ... 7 Hull and Selby 5O .. ... 98%. ...... ..... Ditto, Half Shares 25 ••• •• ......... Ditto, 1 / 1 Shares....... 1'.41,4 — —.... ..... Ipswich& Bury St. Edm. 15 , . __ _ Do., do., and Norwich 15 Do., do., Extens. Scrip (late Camb. & Ely)... 2 1 ,4 ...... 1% Lancaster and Carlisle... 50 Dit to, Thirds lO Lancashire ,& Yorkshire 82 Ditto 1 ,4 Shares . ... 38 Do. Quarter Shar es ... 141 h —l2% ''''''''''''''' Do. Fifths 6 1,2..... 6%.. .......... Do. Sixteenths 6 I,E — ..... - ........ Do. Thirds (Reg.)....10/. 48. 49 iil ...... ...... 2% Do. Liverp. and - Bury 34 Ditto 14 (late Hud dersfield and Sheff.) 33 Do.( Wakefield, Ponte fract.& Goole Do. (W. Riding Union) 4/. 2 s Do. (Preston & Wyre) 25 Do. Shares (A) 9 Ditto ditto (B) 5.4" ***************** 2 Leeds and Bradford Leicester and Bedford... 165....... Leeds, Dewsbury, &c.... 37% — Dr B - .11 . 1 Sly - 1214 Jo. Jiranch Do:New Branch(blue) 21,E . _ .. Do. Extension (green) 2%.. ... •••• Do. NewExten. (pink) 2% Leeds and Thirsk 3l ...... 14 . Ditto, New Do., Prefer., 6 per Ct. 3%. Liverpool, Crosby and Southport .... .......... 2 Liverp., Mnchstr& New castle Junction 2 1,4. — Londo nNanow, N do. 1 Blackwall..l6l. n s. 4d. 45 , 1 i Do. .. ... ....... Do. New, No. 2 .. 3/. 13s. 4d.... Do. Extension l5 London, Brighton, and South Coast Do. Consol. Eighths.. 20 Do. Guarant. 5 per ct. 9 Do. Pref. Con. 5 per ct. 50 ••• ••••"••••• London and Greenwich 12115 s 4d — Ditto, Preference ... 18/17s 2d... London and N. Western 100 • 155 153 154 150 Do., Quarters L. &B. 17 D0., do., New Ditto Fifths ..... .. 2 •• Do. Shares (G. J.) 25 - Do 404 Shf ——- -- ..,.._ , ares(L.M.) 15 Do. 40/. (M. & B.) ... 40 -- Do. 101 . (M & B.) A. 5 ...... 9 Do. 10/. (M. & B.) B. 5 Do. 10/. lit. & B.) C. 1 London, Oxford, and ..... Cheltenham Lond. & S.Western ...411. 6s. 8d... 56 1 % -- Do. New ConsoL Bths 40 — Do. New 50/. ... ..... 32 1 ,4.. .. 29 1 72 28% 99 1 / s ..... Do. New 40/. . 26 ... • I Do. Tenths (Consol.) 50 .-- Ditto ditto . ... Ditto, Thirds 6/. 13a 4d.... 1 % dis. ......... Pia " L 4" London, Salisbury, and Yeovil ......' Londonderry&Culerainc 27 1 1...... .............•• Londonderry and Ennis killen .... 23 3 / 4 ...... Manchester,Buxton,and Matlo k 3 . ..... 1 .............. Manchester, Sheffield, and Lincolnshire Do. Quarters (No. 1) 13 -• ........... Ditto ditto (No. 2)... 25 -- - Ditto ditto (No. 3)... Ph — ..... - ........ Ditto and Grimsby.... 25 - ........... Ditto ditto . ......... 7 - ...... ••• ...... - Ditto ditto ~ 4% ......... Ditto Sheffield and ..... Lincolnshire 7% — .............. . .... Manchest. & Southampt. 24 — ..: ........ los Ilildand lOO 109 110 .. 11010 8 ...., Do. Consolidated Pref.loo - ........... Do. 40/. Sha res Do. 50/. Shares Do. Birm., and D er b y loo Midland Consol. Brist. & liirming., 6 per cent.loo ll9 ............... 1 1 9 Midlod, lirist. &Glocstr. 34 Ditto, ditty 749111 ' _.--- tuff.... ..... .