The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1851-02-04 00:00:00

FOREIGN AND COLONIAL. FRANCE PARIS, WEDNESDAY EVENING. — The last message of the President, announcing a Ministry of transition, has been placarded over the city, and attracts much attention. It has also been placarded in every town in France. The address of the Archbishop of Paris to the clergy, recom mending them to abstain from all political interference, has been published in the Monileur, and will be placarded like the message. The late Ministers met at M. Fould's this morning., but with what object has not transpired. It is probable., however, that the meeting has bad some reference to the Dotation, which it is now generally believed will be presented to-morrow or next day. M. Leon Faucher has frequent interviews with the President of the Republic, the inference to be drawn from which may be easily understood by the most careless observer of the political movements of the day. M. Mauguin, no longer free from the arrest for debt-, will, it is said, resign Ids seat, and accept an appointment at Madrid. The .Assembly sat only for about an hour to-day, but long enough to get through the order'list, which had nothing .of general interest. 'The Emperor o' Russia has prohibited theexportation e silver, in bullion or coin fornia, op Southgate has declined the Episcopate of Cali to which he had been elected. PERSECUTION IN C decree against the propa - ed by the Governor gatiou of Christianity has been pablis iof Ying Chau. FARiIING IN We know. from undoubted authority, that in n parts of the United States, for for .£1 example Ottawa, exei lent land t an acre, county rates, and atherer.—Blach heist ultimo contains an account of Evelyn Woodford San Francisco, and was int ation of being removed, t 1r the pu hich he e or re. laced a znovtr.,, from th report tha England on the c erroneous. By _ forbidden to leave the coon an English gentleman it is position is enter Frar DREAD hu ndri sbe w AR in an I gri map ad Vinc were p cradle to b special law of tt tion ineend to be afterwi others v a belt its forthcomi exhibitio! :titution I in a conversation wi ago I w )t allowed to AS, BRI come to to request the u lay out on the v sacrifi tion of the Corres Dissenters CO U 1 the corporation, together Fith a number of the most lead ing men of the professional -and commercial interests of the city. Resolutions condemnatory of the abolition of the Court were carried unanimously. amid great cheering. In a correspondence with - the Dublin Protestant Asso-, ciation the Duke of Wellington says, in a letter written last December, "' It appears that the Protestants residing in Dublin, who have signed the address to the Duke of Wellington, have considered it preferable to alter the printed record of what the duke did say in the House of Lords; and, in other words inserted by themselves, and never used by the Duke of Wellington, to endeavour to show that the duke declared in parliament, the intention of eventually proposing to parliament the repeal of the Relief Act, after it should have become the law. " CLERICAL INTELLIGENCE, There is no truth in the report that Dr. Field is to succeed to the Mishopric-of Nova Scotia, or that the Rev. E. Hawkins is to be appointed a colonial bishop. _ _ _ _ _ _ The Duke of BeaufOh has presented the Reir. J. S. M. Anderson, of Brighton, and Preacher at Lincoln's Inn, to the valuable living of Tormarton, Gloucestershire, vacant by the death of Lord William Somerset. . . A scheme is afloat, and is said to have received the support of a.noble duke connected with Sir Robert Peers administration, for the complete union of the Scotch Episcopalians with the 'Established Church of England in spiritualibus. The Venerable Ay:tilde:won Hill (in the decline of life and strength) has resigned the vicarage of Chesterfield, and taken upon himself the ministry of the district church of Hasland. The bishop having requested bim to suggest a successor, he named his curate, the Rev. G Butt, who has accordingly been appointed roL.—Last week I was held, when a resolutia dear, the Rev. Canon Barrow, to and resume the reading of the rove the candlesticks from the t the desire of the vicar, who meeting of the with their request, another meeting which ended, after a -eery 11 unsettled 1 of fl f A ra ( m Rome of the MI )t to bi prayers. declined comply was held on Thursd stormy deb, te, in leaving t>le matters' Thi; Bishop of London has appointed the Hon. End Rev. Robert Liddell, the vicar of Barking, to be the successor of 'Mr. Bennett at St. Barnabas'. An interval e Mr. Bennett legally resigns and Mr. to eiapsi d4ell is legally appointed Th - e vicar of Barking on of Sir Thor Addeit 'Lord Ravenssvorth nd Mr. Bsgshaw, the son of Mr. Bag s published. The bishop, having learned g a chapel on his property p) could 3ishop of Lond 'ote to it will be ,mit the p ,wment hip's dioc not al e." The bi pondent cases he has to their be T AND FASHION. e a dramatic entertainment, " As Yoi s completion ted ; and who 'has to your ed to neW ones onstrate —point 3;Jodation in the pariill and hints that " there i from the sum which to the *uaintance with there prevails, d THE LI/E ?e 1 ikN I RD. LAW INTELLIGENCE. In the case Bainbrigge v. Bainbrigge, a rill le absolute - for a new trial was on Tuesday, granted by the f court of Com mon Pleas, the ground alleged being that t he verdict :was against the weight of the evidence. The Court of Queen's Bench decided, on Tuesday, that the Manchester Concert-hall, which was e rected at a cost of £B.OOO, raised on mortgage by the societ ;y, which num bers GOO members, including merchants, 1 ,ankers, &c., is liable to be rated for the relief of the poor. In the Court of Queen's`Bench, on,Sat nrday, the Lord Chief Justice observed that he saw gentle men of the bar in court wearing coloured ,waistcoats, r and dressed in a manner which was not at all suitable t o the profession, and hoped he might not' have occasion_ to advert to the subject again. At the Court of Queen's Bench, on Satui •day. Lordetitillp bell discharged the rule recently obtained by Lord 'Broug ham, as Executor of the late'Queen reswager, requiring the Lords of 'the Treasury to pay over such proportion of her late Majesty's quarterly annuity as fell due between the quarter-day, Sept.'3o, and the day of her Majesty's de .cease. THE CHANCERY CASE AGAINST DR. WISEMAN. — This case was mentioned again, to the Lord Chancellor, on Friday. Mr. Bethell, who appeared for the complainant, pressed his lordship to hear it, and said that his com plaint was that a oriest and a barrister went to a poor man on his death bed, a' Roman Catholic, and obtained from him, in twenty-four hours, a deed of gift of the principal-partof his property for a Roman Catholic priest and for a Roman Catholic charity. The transaction corn. plained of was accomplished in twenty-four hours. The learned gentleman gave the names of the parties. In the Bail Court, ,on Thursday last, Sir F. Thesiger obtained leave to file a criminal information against Mr. ,Jahn-:Kaye, the proprietor of the Wesleyan Times news paper; for a libel upon the Rev. Henry Wm. Clarkson, an aged Wesleyan minister, nowof the Leeds circuit, and formerly of the .Leamington • and Derby circuits. The defendant's offence consists in making what was alleged to he false and 'malicious statements in respect to Mr. 'Clarkson and a-girl who lived with him at Leamington, and who endeavoured to affiliate a child neon him, of which he solemnly declared he was not the father. The girl entirely failed to prove her case. In the Judicial Committee of the Privy Council on Thursday last Dr. Lushington delivered judgment in Branne and Edwards v. Bather. This suit related to the validity of two wills devising property to the amount of £31;000., made by an extensive brazier at Shrewsbury. The first will was executed on the 23d of September, 1844, _ _ , revokir were relative Court pr, ist the will of the 26th of December, and decreed probate of the will of September 23. The Judical Committee now affirmed the decree of the Court below, with costs. CHANCERY ABUSES.—A the proceedir 8 a letter - was re Bath, statinethat I eminent :e father. Mr n, left u , (ter the de ase of I de that 1 POLITICAL MISCELLANY. tns contradicted the rumour that he does 'e'er himself for the representation of South Peel fade his er gifen by t iden speed on Weclnes Mayor of Tamworth THE PAPAL AGGRESSION. The Bristol addresses to the Queen and Archbishop against Tractarianism and Popery, received above-10,000 signatures. 45 Clergymen, out of the sixty officiating in the neighbourhood, signed them. The County of Hertford is at last going to hold a meet ing ,to. protest ag ainst the Papal ag gress i on . 'W e may well say ",at last, " as it is actually to be after the meet ing of Parliament : the day fixed is the"6th of-February. South Lancashire has not moved yet. 'ITALIAN ANTI-PAPAL MEETING.—A meeting of Ita lians was held yesterday, in the Music-hall, Store-street, London, for the purpose of cordially uniting with the English people in their noble resistance to the designs of the Papacy. The chair was taken by Signor G. Rossetti. Several distinguished Italians addressed the meeting in Italian,*French, and English ; the foreign addresses were interpreted. Two Italian hymns were sung during the evening, for the preservation of England, and the deli verance of Italy from the Papal yoke. MANCHESTER PROTESTANT DEFENCE COMMITTEE.— Elsewhere will be found an advertisement displaying an array‘of names of gentlemen, above three hundred in number, who have associated themselves for the noble purpose of providing in this town a permanent phalanx of resistance to the encroachments of Rome, and of support and succour to the Protestant cause. Singularly enough, we hardly rise from a painful perusal of the speeches of Messrs. Cobden and Bright, both of whom endeavoured to cover with contempt the tremendous movement which has been provoked by the Papal aggres sion—both of whom boldly declared that the Protestant agitation was an anti-free-trade agitation—than out comes this list, containing indifferently the names of conspicuous free traders, and men of almost every poli tical and religious party. - A more flat and decisive con tradiction to the wild assertions of the veracious members for Manchester and the West Riding is .quite incon ceivable.—Manehester Courier. DUMAN' PROTESTANT MEETING.—A general meeting of the Protestants opposed to Papal usurpation was held in Dublin en Tuesday, for the purpose of addressing her Majesty and petitioning parliament upon the subject of the recent Popish aggression. The meeting took place in the large round room of the Rotunda, which was crowded in every part by one of the"most numerous and respecta ble audiences we ever remember to have seen within the building—amongst whom the most perfect unanimity prevailed with respect to the objects for which the meet ing had been convened, as well as the sentiments they had called forth by the severarspeakers by whom it was addressed. 4The following'peers were present :—Earl Roden Earl of Bandon, Earl of Mayo, B ar t Clancarty, Lord C The meeting Chairman, ere the Earl of C icarty, Re _ . . T. D. Gregg, Rev. Mortimer O'Sullivan,-Joseph► Napier, Q. C., and the Earlof Roden. An address to her Majesty was proposed and unanimously adopted. A county meeting we address the Queen on held on Tuesday, at Stafford, he Papal aggression. The Earl d the fi .solution, declaring the ientof the prerog f the people y of the Pope of Pope J Harrorrby concluded rrowoy prop( recent bull of the Pope The noble lord Wisernan as a CarCliaa ;ugden's arguments of t The resolution contras Protesrar g the ( led to meet t might think best au, great evil, and put a stop to it. But, while he heartily agreed in calling upon Parliament and Government to do this, we ought not to forget the large part which, as individuals, we had to do. A great part of Oh aggression wais spiritual aggressiOn, and ought to be met lr spiritual s. If we confined ourselves to a demand fol we did not taxe care to maintain the Protestant make her ministrations and th( n co -extensive with our growing popu upon Parliament to relieve the ich prevented her usefulness in we had not done half our work, because a rowh for the enemy to come d sow tares if we did not pre- i grain and it was our diity July seconded by Archdeacon lid not c ay would come in nti-Ministerial and anti-Tractarian rider Vincent, and on being put to was held up against it. In on. Colonel Anson, M.P., de- the rioer except so far as it vas moved by Viscount ly one hand using another res( d his a reenjent wi condemned G ernment for tb- encouragement given to Popery. Mr. C. B. Adderley, M.P.. declared he went beyond Lord John Russell, for he felt " alarm at the insidious and jesuitical plan of organisation by which they g was held in London from 1V in the course of 4r. S. Hicks, of .les Hicks; an )elides landed f X 200,00( the estate v a into Chancery, and he had not seen amhilling of !though ten years had lapsed. It was a friendly suit uahter), and the estate had been thrown into Chancery only on account of a liability amounting to ..£2,f —the rent of a mine in Wale compromised since, and all that remained between the writer of the letter and the money was the Master's re- That matter had been Green; of Jerse ery so lo o as 1837, - but that lot dec t bad e had compelled him to resign a publi almost broken his heart. The nature o f p r , Chancery tion, and ha further n anecdote o tall h:0 a snit for mpleton," to at that I accu give a porti lated the ma to my (laugh ich side your your wife ll,Tr_ IT Lancashire ag hit a patrimony Ty suit I you hat THE MINISTERIAL ANTI-PAPAL MEASURE The Spectator of yesterday announces that , ministers have at last come to a decision on the mode of dealing with the Papal aggression ; and observes that 4 ' we are betraying no confidence if we anticipate, by a few hours, the formal declaration of the results at which the cabinet has arrived." The writer, after pointing out the various difficulties with which the question is beset, concludes with the following observations The subjoined docu ment will not differ very materially from the resolutions to be moved in the House of Commons by Lord John Russell, and in the House of Peers by Lord Overstone. The subject will have been alluded to in the Queen's speech, in terms, however, very brief and general, for the sake of unanimity on the address." RESOLUTIONS ON THE SUBJECT OF THE RECENT ROMAN CATHOLIC PROCEEDINGS, - _ " To be moved by Lord John Russell in the House of Commons, and Lord Overstone in the House of Peers, on Monday, February 10. " Whereas an instrument executed by the Bishop of Rome, pretending to constitute her Majesty's realm of England a pro vince of the Roman Church, and to divide the same into Sees, and to appoint Bishops thereof, has been published extensively And whereas this country is by its constitution subject to no authority except that residing in and emanating from the lawful sovereign and the united parliament of Great Britain and Ireland, and will ever maintain its independence against all foreign intervention whatsoever. And where - as the Bishop of Rome has no lawful authority or power in this country, and no person can lawfully exercise power, authority, or jurisdiction in England on his behalf, or in his name, or under his control: " ' And whereas great disquiet has been occasioned to her Majesty's loyal subjects and made known by petitions to this house, because of the invasion of her Majesty' s royal preroga tive and supreme authority, and great ind ignation because of the outrage on the constitutional rights ane presCriptive usages of England and the Protestant feeling of the people of this country, and of the public insult to her Majesty's crown and dignity : " Resolved—That such pretended Bishops of English Sees have no lawful authority over sees in this country, and that persons acting under such instrument possess no power or au thority whatsoever, and that no obedience is due from any of her Majesty's subjects to any such pretended Bishops or per. suns so acting; but that if any such pretended Bishops or per sons acting under such instrument proceed to exercise antho rity by force or compulsion, such proceeding will be illegal,and will be punished on due prosecution of the offenders in the courts of law. " That an humble address be presented to her Majesty, 'embodying the foregoing resolution, and requesting that her Majesty will graciously make known the same by her Royal Proclamation to the people of this realm : •" Also stating, that this House ever holds itself bound to co-operate with her Majesty's government in the framing and enacting* of measures that may be from time to time most suitable to secure full liberty of conscience and free exercise this country'as by law established me :o every dendminftticn lent, so that they .m, under Divine Providence, in the " By this course Ministers not only avoid the objections to which a measure of a more active kind would be exposed but they attain a means of publicly discountenancing the proceedings of the Romanist functionaries, calculated to be equally distinct and strong in moral influence. There is a further convenience : by thus early disposing of the subject, Ministers will be able to supersede the protrHcted debates which were anticipated, and to proceed at once with the multifarious business of the session." Poor Lord John is getting terribly abused in Ireland or his famous letter to the Bishop of Durham. At the last meeting of the " Catholic Repeal Association." the orators were exceedingly wroth with him. One Father good as to inform his hearers that " - 7 was so ; an& ne was a harlequin in reng,_ Flanagan) believed that he would become a penitent at t.Barnabas's to-morrow, if it would only keep the ,'' in which belief of the worthy father's we dare say a good many persons will join. Mr. John O'Connell, the ghost of departed greatness, praised Father Flanagan to the skies, and said " he wished be could steal the excellent speech which had just been made by the rev. gentleman,—(cheers) —or that he had been in the House of Commons, face to face with Lord John ' Mummery.' (Cheers.) If there was any blood in the body of that wretched political renegade—for such he was—it would be called into his cheeks by so eloquent a denunciation of his apostacy by an honest man." Whigs in power MR. BENNETT'S FAREWELL LETTER. - Mr, address , dalon irecvell letter to his late parishioners. tit the Church of England he says :—" Men cannot abide in a house where there is no fo d supplied but what is scanty and scarce; and, indeed, what little there may be, tasteless and innutritious. Man cannot abide long where all is doled out grudgingly and sparingly, and they withal hungering and thirsting after the heavenly manna and the well of : life. They cannot. You must not expect that human nature, with its many infirmities and constant needs, will long bear up against the ever-recurring wants of aniritnal intro and lnnrAna. r„.. •11... _, r , Feb. 4, 1851. RAILWAY PROSPECTS FOR 1851 (From a Pamphlet in private circulation, by a gentleman whose former predictions have, as may be seen, been signally verified.) In the month of September in last year, the writer published a small ramphlet upon the condition of Rail way Property, and adduced some general reasons for believing that a considerable increase in its value was. approaching. Subsequent events have confirmed the accuracy of the views then expressed, and they may shortly be summed up as follows:- 1. The accounts of Railway Companies have been so carefully sifted, and the mode of conducting them is so much improved, that they now present more satisfactory guarantees for financial accuracy than any other form of joint stock property. 2. The business of Railways is conducted with very little risk of loss. Scarcely any credit is given. Ready money is always flawing bto the coffers of the company. 3. Railway Companies are learning to carry on their business at reduced cost. Numerous contrivances are gradually applied for this purpose, and men of great talent are bending all their energies to the accomplish ment of this result. 4. Railway traffic must continue to increase. It is becoming a settled habit, even among those who first kept aloof, and the rising generation find it a necessity of their existence. All new buildings are now located with reference to the convenience afforded by railway stations; and the commercial business of the country is arranging itself around these great arteries of communication. During the past year, the Railway Companies have found out, for the first time, what a wide field lies open to theta in the shape of excursion trains; and although they re ceived a large sum during last summer from this source,, their arrangements were then incomplete, and a much further developement of pleasure traffic may be looked for in future. These considerations afford solid grounds for expecting a large and steady improvement in the value of railway property, even without the aid of any adventitious cir cumstances. But the year 1851 is destined to witness an event of astounding magnitude as affects the internal transactions of this country, but more especially as contributing to swell the receipts of railway companies. The Great Exhibition of All Nations, which in September last ap peared a great probability, has now made such progress as to become a yreat fact close at hand. The clouds which hung over the continent of Europe during the last three months of 1850, have been dispersed. Armies whica threatened a general war are rapidly disbanding., Ana nranarati"...,. 4.1 r. • . . - _ _ Lee festival in M ay are making in all directions. It is impossible to calculate the number of foreigners who will flock to England, but a general move ment, occasioned by their arrival and departure, will take dace, which has no precedent. Our own countrymen, thanks to the perfect net-work of -'ays now established, will come up to London as fast - ;corn m °dation, and considerable difficulty m e a n y t be for a p t p h r e e h p e u nded rpos e i finding . n But although locomotiveindividuals power s mayu ffi - suffer inconvenience from the excessive movement, the rest* to the Railway Companies must be most beneficial ; and it may safely be set down as a general guide, that where & company is in a condition at present to pay any dividend, a large additional bonus may be reckoned on from this source. Passing from these general considerations, let us see how far the predictions uttered in September 1850 have been fulfilled, arid then proceed to a re-valuation under altered circumstances. TABLE OF THE APPROXIMATIVE aq.thei can get ALUE OF SOME OF THE PRINCIPAL RAILWAY STOCK L LONDON AND NORTH-WESTE As published " All reasonable doubts of a minimum 5 per in Sept. 1850. cent. dividend are set at rest, and the proba bility of 6 per cent. being paid next year is so , atrong, that the price of the stock may be expected to reach 120 before the 31st December, 1850." The price in September of London and North-Western stock, was £ll2 ; in December, 124. Increase of traffic in the second half year, £75,000. Probable value Ist May, 1851, £l4O. 2. GREAT WESTERN As published "An advance of 10 der cent. has been es in Sept. 1850. tablisbed in this stock during the present month ; but this can only be looked upon as au indication of the return of confidence whic h har t ...II yen scareu away by the most absurd an d d es i gn i ng rumours. ', The mini mum real value of Great Western stock as a 5 per cent. in vestment is 80, and it will p ro b a bl y reach par during 1851." The price in September of Great Western stock was £67 ; in December, 78. Increase of traffic in the second half year, £19,000. Probable value Ist May, 1851, £95. 3. SOUTH-WESTERN. As published An improving prop.rty; will In a pen Wom and water, L9well 0 count of Miss Webster, a vourvi Bel pre-eminent a' Her pract Drdance with her theory, and she he is handsome, only twenty-foul wears male at 'ears old, d Tice is n nether g was first worn in the bif The ex rm by the women of ancient Judea. a which man so pertinaciously main- tains to trary, with( solitary ar t, not even that of prior should be Nature never I that the sex to man is the nitu - rill token of his sex." CAPE DE VERD ISLANDS.—The _ some of the Cape de Verd Islands, more es such as to excite very serious sent condition of Island of St apprehension t, St. N I by _a I olas was nearly mted violence .h with un the iti. 3 followed by fever town alone, Ribie about 5,000 inha atop to all agricalt quently, 1 and the o been the people tuber I ne, w 1. This was s , containir alance of the feieiat this season put t; 1 liral as well as other pursuits; conse " . . early ripe were allowed to perish, of bands to till them, bare since Relieved in some degree as ow are from the immediate agency of the pestilence, they are now threatened with another visitor, one of its most dismal consequences. Famine—gaunt famine—like a dark cloud, from which no face there can for an instant be averted, bangs over the island, and threatens to accomplish the terrible work of destruction, by making victims of those whom the fever has spared.' The intervention of the charitable and humane is earnestly implored to prevent, or at all events to mitigate, this additional impending calamity. It is said that several gentlemen in London, interested in the Cape de Verd Islands, are about to raise subscriptions for the purpose of sending out articles of food to the destitute inhabitants. MINES OF LAKE SEPERIOR.—Our latestaCCollnts from Lake Superior represent the mines as in a good state of prosperity. 1,500 tons of copper have been shipped, 800 of which were from one mine. Speculative operations had ceased, and every organized company had fixed upon a location, and was doing an active business in getting out copper. Traces of ancient mining continue to be found, which prove of great service to the present miners, di recting their attention to the most feasible spots where excavations have been made, which could only be effected by arduous toil. These are supposed by the population to be at least 2,000 years old. Nothing has been found, however, to show their connexion with any existing race ; although it appears that the copper mined was taken off by way of St. Mary's River and the Lakes, from the de. tached portions which have been found on the road be tween the mines and St. Mary's. The whole distance between Green Bay and Lake Superior presents a delight fbl•tract of country, abounding in all the means of wealth and prosperity. Clear and beautiful lakes, with plenty of large trout and other fish, are found at convenient inter ♦als. Water power is abundant. The timber, consisting of maple, beech, oak, and pine, is of a superior quality. The land has a sufficient variety of surface, and is sus ceptible of easy cultivation. A few roads will open this country to the industrious emigrant, and it will soon pre sent the spectacle of villages, schools, mills, cultivated farms, and every industrial pursuit which is now followed in the southern portions of Wisconsin and Michigan. IRELAND. The Romish Primate of Ireland, Dr. Cullen, has writ ten, warmly approving of the Tenant League in Ireland. The clerks of the peace in Ireland have been called upon by government to make a return of all Jesuits and monks registered since Ist of January, 1850. Mr. John O'Connell called " E. solemn league of the Irish members" on Tuesday last, but the only persons who attended were himself, his clerk, an attorney, and two lesser limbs of the law engaged in a professional cruise after some defaulting member of society whose presence was expected at the meeting. On Wednesday the Llrd Lieutenant of Ireland held his first levee for the season. The desertion of the Pre sence Chamber is more marked and melancholy than ever. If those who are officially constrained to attend, appointees of the Government and officers of the army, be subtracted, the remainder is, in point or numbers and _influence, absolutely beggarly.—Dvb/iiz Herald. MISERY IN IRELAND.—Notwithstanding the thousands every week shipped from our shores, there are tens of . thousands in almost every County who cannot find food and raiment except in the workhouse or-from the ill be stowed charity of the streets. Whatever be the cause, -population has stripped, if not the means of employment, the power of rendering those means applicable to its sus tentation.—Cork Constitution. IMPORTANT TO GROCERS.—At the Belfast petty ses sions court, on Saturday last, fourteen of the most respect able grocers of that town appeared at the suit of the Board of Inland Revenue, charged with having in their possession large quantities of an article known by grocers as " P. D.," which means pepper dust, and is kept by them for the purpose of mixing with pepper, contrary to the act 59 Geo. 3, cap. 53, sec. 22. The defendants all pleaded guilty, and the bench fined them in the mitigated penalty of X 25 each. A. public meeting, convened and presided over by the Lord Mayor of Dublin, took place on Monday, at the Rotunda, for the purpose of adopting measures to give all practicable opposition to the contemplated abolition of the Viceroyalty of Ireland. The immense room was crowded in every part. Amongst those who took part in the proceedings were the Marquis of Westmeath, the Earl of Mayo, Lord Talbot de Malahide, James IL Hamilton, X.P. Colonel D onne . M.P., Henry Grattan, M.P. , John molds, M.P., Si r T . O'B r i en , M.P., Hyacinth Talbot, ~ Mir Edward Borough, Bart.. Joseph Napier, M.P.. the High Sheriff of the City of Dublin, the High Sheriff Of the County of Wicklow, James Whiteside, Q.C., and a long lis3 btsides of the aldermen and other members of Wales, t the Prim which the performance took place s staying at temporary theatre in es and gentlemen of the ThelMarqn accompanied by the castle, and attended sold in and Marchioness of Salisl Tidy Adelaide Pag of Anglesey a ury, the Mar- he Marqui Wilton, Viscount and Viscountess Sydney, and Sir John Romillv, arrived at Windsor Castle on Friday, on a visit to the Queen and the Prince. The Duke of Rutland has been entertaining a large party of friends at Belvoir Castle during the past month. The guests have ineluded the Earl and Countess of Jersey Wilton and Lady Elizabeth Grey Egerton, the Earl Jermyn and Lady Elizabeth Hervey, Viscount and Vis countess Newport, Lord and Lady Stanley, Lady Freder ick Bentinck, Lord Edward Fitzalan Howard, The Marquis of Granby, Lord Foster, Admiral Sir Thomas Cochrane and Miss Cochrane, Mr. and Lady Elizabeth Drummond, Sir Henry Halford, 31. P., Mr. Augustus Stafford, M.P., Mr. Baillie Cochrane, and Mrs. Baillie Cochrane, Sir. R. Inglis, &c. labour RAILWAY _4__ FFA IR S On Saturday, a platelayer, named Ramsden, was pro pelling himself on a lorry, along the Liverpool and Man chester Railway, at the St. Helen's Junction, when an engine and tender coming up, the unfortunate man sud denly stepped in its way, and was cut to pieces. LONDON AND NORTH-WESTERN RAILWAY general meeting of the proprietors of this company is fixed to be held on the 21st instant, at the usual hour, and the dividend to be declared will probably be after the rate of 51 per cent., without deduction from the reserve fund of £l44,ooo.—Times. NORTH STAFFORDSHIRE RAILWAY.—The half-yearly meeting was held at Stoke on Friday, J. L. Ricardo, Esq., M.P., in the chair.—The report of the directors, recom mending a dividend of 3s. 6d. per share, was adopted.— After some discussion the shareholders sanctioned a bill for the purpose of enforcing the agreement with the Lon don and North-Western Railway Company. One or two of the principal railway companies have lately entered into an arrangement with Mr. Shepard, who has patented an invention for the decomposition of water ; and negotiations are pending with some steam. boat and gas companies for the application of this patent to propel steam-boats, locomotives, and other engines, by which the cost of working machinery and generating gas is likely to be greatly reduced. —The ST. HELEN'S CANAL AND RAILWAY.—Tife half-yearly statement of accounts has just been issued to the propri etors. From this it appears that the receipts have been, by canal traffic, £8,2-19 17s. 2d. ; railway coal, &c., £8,377 Os. Gd.; passengers and parcels, £1,870 14s. Bd. ; making a total of £18,947 12s. 4d. After deducting the expenses there remains a balance of £4,346. The half yearly meeting was held at St. Helens on Saturday, and the report, which was deemed very satisfactory, was car ried, as was a dividend of £1 135. per old share, and one in similar proportion on the other shares. SHREWSBURY AND BIRMINGHAM LINE.-011 Satur day a very influential private meeting of shareholders in the Shrewsbury and Birmingham Railway was held in this town, Mr. Elias Arnaud in the chair, at which a general feeling of dissatisfaction was expressed at the existing position of the affairs of the company. Resolutions were passed, having for their object to obtain proxies from the numerous shareholders in Liverpool and the neighbour hood, in the names of Messrs. Elias Arnaud and Edward Moon ; and those gentlemen agreed to attend the ensuing general meeting, to represent the Liverpool shareholders, and prevent their interests from being precipitately sacrificed. LANCASHIRE AND YORKSHIRE RAILWAY.—We un derstand that the Lancashire and Yorkshire accounts will bear a 2 per cent. dividend, with a fair surplus. It is expected that a 24 per cent. dividend will be paid, although some of the directors are in favour of a 21 per cent. dividend • based, not so much o n th e ex p er i ence o f t h e past half-year, as on the hopes of the future. Against this view it is urged that the whole of the ei.pital is not yet brought into dividend, and we therefore think that either 2or 2 per cent. will he paid, and not 21. It is stated that a 2 per cent, dividend would leave sufficient margin for the amount ordered to be reserved for the Fifths holders, pending the decision on the case. EAST LANCASHIRE RAILWAY.—At the half-yearly meeting held on Friday at Bury, the report was unani mously adopted. A dividend of ss. per £25 share on the ordinary capital, and of Is. 3d. on each £6 ss. share, was declared. It was decided to authorise the directors to complete the line between Newchurch and Bacup. The meeting was then made special, for the purpose of taking into consideration the proposed lease of the Leeds and Liverpool Canal to the East Lancashire, London and North-Western, Lancashire and Yorkshire, and Midland Railway Companies. The lease was for 21 years, ter minable at 14 years, at the option of the railway compa nies. The rent to be paid to the canal company was £40,000. The agreement for the lease was unanimously confirmed. The meeting then broke up. RAILWAY ARRANGEMENTS.—To those who watch the proceedings of railway companies, it has for some time been no secret that extensive negociations have beer. pending for an amicable division of traffic between a number of our largest and most influential companies, and we are happy to be able to announce that they have at length been satisfactorily concluded. The parties to the arrangement are understood to be as follow :—The North British Company; the York, Newcastle, and Berwick Comp any ; t h e Y or k an d N ort h Mid!and Com pany ; the Midland Company ; the Great Northern Cons = pany ; the London and North-Western Company ; the Lancaster and Carlisle Con.pany ; the Caledon'an Com= pany. The settlement is said to embrace all the traffic bounded by the line of the Edinburgh and Glasgow Railway on the north, and as far south as York. We are not yet in possession of the details; but as, after due consideration, every one of the companies has accepted the settlement, we may fairly conclude that it is based on sound principles, and with due regard to the peculiar claims and position of each. 'litchei ion of p 'to the committ( Customs ,atitution of the Board of a splendid dinner at Lincoln, on Wednesday. chair, and the gallant colonel's 1- The mayor was in the Hearty tory sentiments were warmly el Ird Ebiington is about to retire from the secretary snip or the roor-law hoard, and will be succeeded by Mr. R. W. Gray, as Parliamentary Secretary. Mr. Nicholls also retires on account of ill health, and will be succeeded as permanent secretary by Lord Courtenay, who has already acted as poor-law inspector for several years. A deputation. consisting of Mr. Ewart, M.P., Sir J. Duke, M.P. Hon. C. P. Villiers, M.P., Mr. Grant (Morning Advertiser), Mr. Young (Sun), Mr. Hunt (Daily News), Mr. Francis (_lthenceum), Mr. W. R. Spicer (Patriot). Mr. Ingram (Illustrated News), and Mi. Pratt (British Banner), had an interview with the Chancellor of the Exchequer on Friday, at his official resi dence in Downing-street, in reference to a repeal of the advertisement tax. HAPPY WORKING OF THE PRESENT NAVIGATION LAWS.—A vessel from Norway, laden with deals, went, let them suppose to Havre. It would have to return in ballast if it did not obtain the opportunity of importing corn or flour into London ; and anything it might get as freight beyond the deviation in its voyage home was so much profit to it. Such a ship carrying deals to Lime rick could not carry corn from Limerick to London, because that would be an invasion of the coasting trader. The Irish agriculturist would be obliged to employ the dearest ship,. the freight being often 2s. 9d., whilst the foreign agriculturist could export his corn into England by the cheapest, vessels in the world.—Mr. G. F. Young. MR, MACGREGOR'S SCHEME OF FINANCE. — Mr. J. Macgregor, M.P. for Glaszow, has addressed to his con stituents his annual letter on finence. After reviewing the history of the circumstances under which the national debt was incurred, he gives a list of the financial changes which he desires to sec effected : the repeal of the window tax, and all the other assessed taxes ; of the duties on rail ways, paper, soap, newspapers, advertisements, and in-. surances; an equitable revision of the stamps; large re ductions of the duties upon all imposts ; 25 per cent off the malt-tax ; extensive retrenchments in the civil lists, the miscellaneous charges, courts of law, and pensions ; the woods and forests to be enclosed and sold ; a large re duction of our army in the colonies and in Ireland ; the abolition of Deptford, Chatham, and Pembroke dockyards, and various other considerable reductions in the Expenses of the admiralty and ordinance. To supply the deficit he proposes a graduated income tax, starting with one per cent upon the smallest class of incomes, and increasing to five per cant upon incomes of £3,000 a-year and upwards. The lion. gentleman states that: he does not expect these changes to be effected by the present parliament, but he believes the public opinion to be favour able to such financial reform. CHANGES IN THE HOUSE OF COMMONS. — The House of Commons, usually, perhaps, the most changeful body in this empire, is now the scene of more than common vicissitudes. Without a parliamentary reform, or a general election, or a change of ministry, near a moiety of the house will begin the new session without a leader, a party, or a cause. Sir Robert Peel, who, with various fortunes, had so long been a recognised chief, and who might again have resumed his old sway, no longer lives to lead or to control. Lord Lincoln, a man of no ordinary powers, who has occupied no ordinary position in the Commons, and who has been thought capable of leading, if not form ing, a majority, is called to the upper horse. Meanwhile the casualty which has put Lord Lincoln under political disabilities, reminds us of others who may soon follow. Lord Ashley's father is in his eighty-second year, and that philanthropic zeal which has so ofren commanded the respect of the lower house, and extorted a victory even from the strongest government, must in the course of nature soon be banished to the drowsy benches of the Lords. The noble father of the secretary-at-war is of nearly equal age, and it is too probable that the important discussion of the army estimates in the approaching ses sion may he suddenly interrupted.—Times. THE PAPER DUTY.—On Thursday morning, a depu tation from the paper manufacturers of the United Kingdom met at the King's Arms Hotel, in Palace Yard, in order to make arrangements for the interview with the Chancellor of the Exchequer; fixed for that forenoon ; Mr. I'. B. Crompton in the chair. The proceedings which took place at the meeting were unimportant. Shortly before twelve o'clock the deputation left the King's Arms Hotel, and proceeded to the official residence of the Chancellor of the Exchequer. Amongst the members of the deputation we observed Messes. Charles Dickens, Charles Knight, Robert Chambers, and other gentlemen connected with the literary world. Mr. Crompton, who was received very cordially by the Chan - cellor of the Exchequer, said that he had the honour of introducing to him a deputation from England and Scot land, specially sent, to explain to him the necessity of repealing the paper duties. Ile i egretted that be was not able to include Ireland ; but he had no doubt that in a short time Ireland would be with them, although at present the paper manufacturers of that country did not act in unison with those of England and Scotland. Nothing could be snore unjustifiable or oppressive to the paper manufacturers of the country than the tax upon that article, and the tax was made still more odious in consequence of the mode in which it was levied. Some time ago it was considered by the paper manufacturers a moral fault to defraud the revenue, but it was not so felt now. The revenue collected from the duty on paper was about £800,000; but, from the expense of collection and other deductions, the exchequer did not receive more than about X'700,000. Mr. Chambers, of Edinburgh, read the resolutions agreed to at the meeting of Wednesday, held at the King's Arms. Mr. Chambers, at considerable length, detailed the difficulty which was experienced by the trade in consequence of the paper duty. After a few. observations from Mr. Charles Knight and Mr. Charles Dickens, the Chancellor of the Exchequer said the depu tation would not, of course, expect him to give them any information as to what was to he done by the government, He had before him the prospect of a deputation froth every class of persons who paid taxes, all desiring to have the tares repealed. The interview lasted upwards of an hour. .res into sowed discord and bad feeling amo._,__ tions of life." Earl Talbot, Viscount I Alderman Sidney, M.P., took part in the pro( e dearest rela- The only English newspapers admitted into Rome are the Times and Morning Chronicle, which are permitted only to the English Club. Report says that, at dinner, no one is ever permitted to it at the same side of the table with Cardinal Wiseman, sishes are presented to him on bended knee. and that the d —John Bull. A CONTRAST.—WhiIe Queen Victoria traverses her three kingdou.s, accompanied only by her ladies of ho nour, the Italian newspapers tell us that Pius IX. never leaves the Vatican without an escort of French cavalry.— La Presse. Cardinal Wiseman, who has just returned from a brief visit to the Irish metopolis, officiated on Thursday at the confirmation of between 600 and 700 Roman Catholic children, resident in the north division of the diocese of London. The Horn i ng Herald says that a bill is now in prepa ration by several influential members of the country party, not only for restraining the interference of foreign powers within the realm, but also for preventing the ad mission of British subjects into confraternities, orders in brotherhood, or even entering into any oath or bond of allegiance to any foreign sovereign. _ The Bishop of Durham states, in a letter to the Times, that he is not the mouthpiece of the Government in sug gesting how the Papal.aggressism is to be repelled. His lordship's disclaimer is, of course, accepted as a declara tion that the suggestions he has made to the clergy under his spperintendence are his own, and not indications of the intentions of,the Cabinet. The statement published a'few days since, that certain queries had been addressed to Dr. Wiseman by a legal gentleman, is, we understand, substantially correct. The letter in question was written by Mr. Charles Pearson, late M.P. for Lambeth, at the suggestion of certain mem bers of the bar, whose object was to found a prosecution for a misdemeanour, upon the admissions which it was expected the doctor would make. The Romish Bishop of Elphin has instituted pro ceedings against the proprietor of the Sligo Chronicle, for a letter published in that journal reflecting on his lordship's character: The libel imputes to the bishop interested and unworthy motives in the selection and promotion of his clergy, and also that he received large sums of money from Mr. Towneley, which he applied to " selfish purposes." POPE PIUS AND CARDINAL WISEMAN EPIGaAM. Ecce Pinspisit Sapientem frangere leges I Impius at Sapiens ; insapiensque Pius. Translation. Pope Pius sent his Wiseman to defy us. Au impious Wiseman and an unwise Pius. Another. Behold! by Pius sent, a Wiseman tries To break our laws; How impious the Wiseman—the Pius, unwise, In such a cause! Mr. COBDEN asks, what right he has as a politician to say one word as to the faith and polity of the Roman Catholic Church, when they do not ask him to give validity to their titles nor ask him to pay their stipends out of the public purse. We answer, precisely bet use they do not ask for validity from Parliament—the power which alone could confer it—but assume that the Pope has the power of imparting it without such consent, and of annulling by his breath all that is inconsistent with his acts. If a man lays claim to an estate, is that act less hostile and aggressive because he does not ask the owner to recJgnize the validity of his claim ?—Times. VISCOUNT CASTLEREAGH AND THE PAPAL IGGRES SION.—Lord Castlereagh refuses to subscribe the county of Down protest against the Papal aggression, and has published his letter declining to do so. His first reason is histnon-concurrence in the second paragraph, to the effect that " some p`enal measures are necessary in refe rence to the proceedings of the Pope"---a r , o ,:iti on Prim which his lordship dissents upon the following whimsical grounds :—" The mischief to be apprehended (he says) to our own Church from legislative interference in mat ters of religious doctrine and discipline is, .in my mind, so great, that I should be a most unwilling party to any similar interference affecting my fellow-subjects of a dif ferent persuasion." His second reason for withholding his signature is, that he " should feel an equal difficulty in adopting the assertion with which that protest con cludes, namely, that the Pope claims an equal supre macy in secular and ecclesiastical affairs.' " ORNANIENTS IN CHURCHES. — The Mancliestry Guardiqn, in noticing some misrepresentations made by a writer in London respecting Broughton Church, says— " This writer artfully glosses over the fact of the crowned figure of the Virgin in the stained glass window. We may add on this point, that the Roman Catholic artist, Mr. Hardman, of Birmingham, who was employed to put up the window, on being applied to lately to remove the crown from the head of the Virgin Mary, declined to be employed, on the ground of his religious scruples. The altar-tomb, with the hollow in it for the crucifix, from Good Friday to Easter, is expressly described by Pugin in his " Ecclesiastical Architecture ;" and with his directions for building Roman Catholic churches, the whole of the chancel of Broughton Church exactly cor responds. Th at h ollow in the altar-tomb was used till very lately as t h e credence table, for holding the elements prior to co nsecrat i on. With respect to the decorated tiles, the " M" complained of is almost exactly copied from one in Pugin's " Glossary." We may add, that when the bishop visited the church to officiate, a chair was always provided for his lordship, and from the posi tion in which he sat, one portion of the objectionable tiles was out of sight, and a portion was covered by matting. We are authoriSed. to state that the piscine and shelf have already been removed, other alterations undertaken, and . that designs for new tiles have been submitted to the bishop for approval. We may add that, since the visits referred to, the bishop has discovered that the communion table in Broughton Church is of stone, concealed by a crimson covering, and with wooden feet, so as to give the impression of the whole being of wood, and that that stone was put up the very year after the judgment of Sir Herbert Jenner bust was given, in the case " Faulkner v. Lichfi e ld , " i n which stone altars were expressly con. damned." it is in v ••-•• .gasaw,o u. VfVUa )r in the Church of Env?, now interpreted in the diocese of London."—f-I '''' not, however, recommend immediate secession :—" We must, as in St. Paul's case, ' abide in the ship,' although it be a very wreck. I cannot say for ever, for we know not how severe and terrible the danger may be anon ; so that absolute safety would compel us to throw ourselves into the wide waters, and go we know not where; but I say, as yet. How long, let Almighty G o d d ec id e . S ome men cling to wreckslonger than others. Some men have more bodily endurance, greater strength, more vigour and determination ; but they arc washed off one by one as the waves ride over them. and the fierce winds rend the wreck asunder. This is God's providential way. But as yet His voice is very clear, and bids us wait—bids us cling even to the little we have, lest worse things befal us in any act of impetuosity, or haste, or self-will." IS POPERY ALWAYS THE RESULT OF IGNORANCE ? It is our policy and our duty to understand the strong parts of Popery. Ignorance ! Is that host of men which has passed over within the last few years to Popery com posed of ignorant men ? They were amongst the most learned men that the Church of England —not deficient in literature—had in her possession. Ignorant ! Is Dr. Wiseman an ignorant man ? Read his book on the " Relation of Science to Revealed Religion." (Hear.) Read his book on the " Doctrine of the Eucharist " ; read the book on the " Doctrines and Practices" of his church. Go—don't go in reality, but go in imagination —to St. George's Cathedral, in London, and look at him as he stands upon the steps of the altar in his pontifical robes, with his crozier in his left band, and his mitre on his head ; mark his commanding gestures, his intellectual look, and observe the lightning of his eloquence over the masses of the people ; and tell me, as you come out, whether you have been listening to an illiterate man. I confess to have.stood there; and though I thought I saw the juggle, I felt that he would be no trifling antagonist to meet. (applause.) There are numbers of men amongst us who say, and we have all been accustomed to say it, to some extent, that in a day of such science, such literature, and such popular intelligence, we have nothing to fear from Popery. Luther did not think so : he knew better than that. He knew as much of science as most men of his day ; but it was not with science that he went into the field. He was a man of as much learning as most men of his day. The Pope, before he knew what Luther was to be, issued from the Vatican a list of the most eminent scholars in Europe. Luther's name was among them ! (Applause !) But it was not with learn ing that he sought to assail the Papacy. He did more than any man of his day to elevate the popular mind. When men of his class persisted in speaking in the learned tongues, he addressed the million in their rough and nervous German ; and there was not a peasant in Germany whose heart did not reap with ecstacy within him as he heard or read his eloquence. But it was not in popular intellectual elevation that he put his trust. He knew that no missile could pierce that hell-forged armour of ignorance and superstition but the smooth stone that he had got direet from heaven; and he has read and stu died the life of Luther very indifferently who does not perceive that he trusted everything to that : the article of a standing or falling church ; the ,immutable truth that salvation is complete in Christ alone, and that lie, though without merit, who believes in Him, is saved,—this, this is the weapon upon which we have to rely in this contest. --Leeture by the Rev. C. M. Birrell. STATE of ROME.—Roan, Jan. 18.—You may remem ber that, in May. 1849, while yet the siege of Rome was undecided' and the restoration of the Papacy uncertain, I more than once hinted at the possibility of Pius IX. re tiring from public life, and abandoning for ever the cares of state, for which he was in every respect unsuited. I had 'my information then from a personage who knew the most secret thoughts of the Pope, and who, more than once, had received his confidence on the subject. It is true that the resignation did not take place, but if I am not now again grossly deceived, the prospect is nearer its accomplishment than any of us have imagined. I am told, in a high quarter, that Pio Nono, more than once, during his residence at Portici, stated, to the Cardinals most in his confidence, that be had serious thoughts of abdicating, and if such a step could be reconciled with the interests of the church, he was prepared to take it; but the Cardi nals, though the vista of the Popedotn was opened to each, were unanimous in condemning the measure as untimely, and entreated him to relinquish the idea. " Wait," they said, " at least till your restoration to the Quirinal, and do not give Mazzinii and the republic the triumph of boasting that, in your person, they have destroyed the papacy, and that your abandonment of place and power was caused alone by them." The Pope allowed himself to be persuaded by this reasoning, but I am informed' that, since his return to Rome, his longing for -the quiet of a convent recurs with double force, and that the Car dinals, seeing how 'strongly his mind is bent that way, are less indisposed to accede to his desire than they were at Naples. Nay, lam assured that the question is, at this moment, the subject of their secret councils, and that matters have proceeded so far as that the convent where Pius IX. means to end his days has already been named. I am credibly informed that Cardinal Antonelli is at this moment occupied in drawing up an eapose des motives to justify the late measures taken for the establishment of a hierarchy in England, and that this document will see the light upon the opening of our parliament. lam further informed that Antonelli is far from approving the precipi tation with which the measure, so cautiously prepared, •had been ushered into life, and he deplores that the mat ter was not done in another shape, or that the same steps were not taken simultaneously in the United Stat es o f America. where they would have been passed by without notice. Though rather late in the day, he proposes to! create three Cardinals in the United States, and to de..s velope a series of measures equally calculated to arouse! the fears of the protestant public there as those which: jiave been so unadvisedly proclaimed with us. Such mode of extricating himself from a diffidulty is worthy of, an Italian minister's invention. —l imes Correspondent. A Protestant Association was formed in Preston on Wednesday. Any one conversant with the modern military hi4ory of SPain, or with good society in that country, must be struck with the large proportion of their eminent officers - Who were either born or descended from those Who were .: born in inland. bably reach - 80 iii; year." The price in September, was £69 ; in December, £iB Increase of traffic in the second half year, £23,000. Probable value Ist May, 1851, £lOO. South-Western stock is one of those which will derive the greatest benefit from the influx of foreigners to visit the Exhibition, and will yield this year 5 per cent. at par, LONDON AND BRIGHTON. As published " A safe 5 per cent. investment, at 80, will in Sept. 1850. always rank as a great favourite, and will attain to a higher price." The price in September of London and Brighton Stock, was £B4 ;in December. 88. Increase of traffic in the second half year, £16,000. Probable value Ist May, 1851, £lOO. 5. SOUTH-EASTERN As published "This stock admits of a remarkable increase in Sept. 1850. in value. The present year is the first fair trial, and most satisfactor. A consi derable addition will the take place trafficis on the opening of the Hastings line, and the influx of foreigners to visit the Exhibition in 1851 will be enormous. Four per cent. may be reckoned on with safety, and the price of the stock will reach 25 within six months." The price in September, was £lB ; in 'December, £23. Increase of traffic in the second half-year, £66,000. The incaease of traffic on this line has exceeded the ex pectations which were formed, and a price of £3O will be attained by midsummer. 6. YORK, NEWCASTLE, AND BERVVICR. As published " This line will yield a minimum dividend of in Sept. 1850. 5 per cent. at the price of .el 5, and the stock will gradually reach 20." The price in September, was £l6; in December, £l9. Increase in traffic in the second half-year. £38,000. Here also the development of traffic has been remarkable, and £25 may be reckoned upon as the price of the stock on the Ist May, 1851. 7. YORK AND NORTH MIDLAND As published "The present price of Xl9 is scarcely justi in Sept. 1850. fled by the existing returns of traffic, but great advantage will arise from the completion of the Great Northern, and a higher figure will ultimately be attained." The price in September, was £l9 ; in December, £23. Great fluctuations have taken place in this stock, which are supposed to have arisen from speculative operations. Its intrinsic value has been greatly enhanced during the past half-year. The increase of traffic over the second half o f h alf-year lBs o o f 1:4 0 9 les i s a t s h a b n e e x n 48.f00 24 0 ,00 . OT. The e n d r a t o e v er of t i h n e er fi e a r s s e t is steadily maintained, and appears to be so independent ni of n c k, asu r a e l ac c i ir i c n u g m a s p ta r n ic c e es o , f that x3o i b t y w l il s l t s ay o l o a nt , Balkesand muchh n ig e h ve e r r paying less than 5 per cent. at that price. 8. GREAT NORTHERN As published "The value of this stock constitutes one of in Sept. 1850. the most difficult railway problems of the day. Judging from the present receipts, and taking into consideration the cheap and solid construction of the line, its freedom from onerous guarantees, and the great resources railway, a po r l e i t ta u n rno at l least e 3 n p c e o r m ce p n le t. d , t a o n l d 'o t r h k e , p w r e i c may f of fairly such a o o the shares will probably reach &I 5 within the next s i x months.'? metropolitan e f t o r i o. The price in September was £ll ; in December, £lB. Increase of traffic in the second half year, £86,000. Pro bable value, Ist May, 1851, £2O. IX. — SCOTTISH CENTRAL. As published "This line will form an exception to the gene in Sept. 1850. rality of Scotch railways. The expenditure has been too great. but its geographical position is so good, and its liabilities so small, that persons investing at present prices will receive more than 5 per cent. for their mo ney. Any favourable arrangement with the London and North= Western would cause a sudden rise in the value of the stock." Cheap at a price of £l5 on its awn merits, and.liable to a rise of from £5 to £lO, in the event of a favourable issue to the dispute with the southern companies. X.-THE GREAT SOUTHERN AND WESTERN OF IRELAND shortly ed i.. . i auns u d :b ceP per ni r e es s c ri established As published "It would be difficult to select a more solid iebni t .if . i: a gyfi n . to d dimi s e; iiifs e p t . 1850. and sli l eac en i cd nl oon p efod r . t,oT commercial t v 4t i o n ne g :ocit p ilai r ,i o lv(r p irsi r yat t ir y l b po L l t it l i o ca o l k t in ro g u t b o l i e l number of feeders, which must gradually flow into such a main line, we venture to predict that this stock will be at par within twelve months from the present time." The price in September was £3l; in December, £39. Increase of traffic in the second half year, £19,000. The accuracy of the prediction here stated is remarkably verified up to the present time, and we abide by the views already expressed as to the future. The above calculations are founded on the assumption that those who invest their money in railway stock will expect, in most cases, an interest of. .5 per cent., and will only pay such a price as will secure this rate of dividend ; but as stock becomes more subdivided, and confidence in creases, prices, in all probabiiity, will adjust themselves to a rate not higher than 41 per cent., and in that case the calculations of value will be found considerably under the mark. It is also very probable that a speculative movement may set in, in the course of the summer, which may drive up prices irrespective of a sober estimate of the interest paying condition of the property ; but as the ob. ject of this table is only to serve as a guide for invest ment, no notice is taken of the possible effects of such a speculative movement. Manchester, 15th January, 1851 VATES The Earl of Wilton has in the press a collection of hymns, chants, and responses, of his own arrangement, and which are, by permission, dedicated to the Queen. Lord Stanley received the Earl of Malmesbury, Mr. B. Disraeli, Major Beresford, and a select party to dinner, on Saturday evening, at his lordship's mansion in St, James's 7 squa_re. _ On Thursday, at the usual Petty Sessions, atLawford's Gate, near Bristol, several persons were bound over to the general Quarter Sessions to answer a charge of hav ing obstructed the Rev. Mr. Cusworth from preaching. The action resulted from the disputes among the Wes leyan body. Mr. Robert Hill, superintendent of police at Weston super-Mare, died last week ; and a post mortem exami nation has clearly proved the connection of his death with a wound he received three years since whilst endeavour ing to quell a riot, and 'during which one of the mis creants stabbed him with a knife. He appeared after wards to have quite recovered.