The Northern Daily Times. — Liverpool, Merseyside, England, 1856-07-25 00:00:00

f i l antra. WANTED. a SERVANT-OF-ALL-WORK, who understand Washing.—Apply at 88. London-road. WANTED, a GREEN-HOUSE, in good condition.—Address, stating size, price, and whereto be seen, G. H. 8., Post-office, Liverpool. WANTED, a steady middle-aged MAN, to take care of a Carriage and Pair of Horses; he must have a satisfactory character from his last place.—Apply to Mr. Kirkham, West Derby. ANTED, for the Coun ry, a good Gent ral SERVANT, where VI , a Nurse is kept.—Enquire at Mayfield Villa, Mayfield-road, Aigburth. Ala; a NURSE GIRL, who must be a good Sempatress. A STUDENT (in his last year), at the Medical Schools of Man. 1 - 1 cheater. wishes to enter Into an ENGAGEMENT with a Medical Man, to amiat, or take charge of a Practice, during ti e months of August and September next (the autumn recess). The most satisfactory references can be given. —Apply A. 8., Northern 'Times office. July lot, 1356. fro be Let. APARTMENTS FURNISHED.—A DRAWING-ROOM and PARLOUR, with one or two BEDROOMS, to be LET, toge ther or separate.—Apply at 32, Mason-street, Edgehill. TO be LET, Furnished, a SITTING-ROOM and BEDROOM, plearantly situated in Litherland, a few minutes' walk from the Sesforth Railway Station.—Apply at the Litherland Post-office. I'o be LET, by T en d er , thlt well accustomed PUBLIC-HOUSE, 11 34, Bath-street, late In the occupation of Mr. James Wll2llll -. —At ply to Messrs. Bartlett and Woods,Jervis-street Brewery. Rest. 4140 per year. co be LET. Furnished, &a-view. Hoylake, con'aining JL two parlours, and nursery, six bedrooms, kitchens, &c., with two-stalled stable and coach-house.—Apply on the premises, or to Mr. G. B. Richardson, cordate manufacturer. Sparling.street. TO be LE t', WORKS, 'situate in Vulcan- s t reet, North Shore, opposite Huskisson Dock, suitable for an iron -founder. Soap boiler, or any other extensive bu.iness. Rent, .490. Fixtures to be taken at a valuation.—For particulars apply to Mr. SiddAll, 2, Prince's-buildings, John-street. CHURCH -ROAD, SEArORTH.—TO b e LE T , for two months from the beginning of A ugust, a well-furnished HOUSE, con ‘ree entertaining rooms, eight bed and two d easing rooms, -‘ and front garden.—For particulars, taming bath and water closet, address C. R., Northern Times IMPORTANT TO BREWER., PUBLICANS, a n d 0 fIIERS. TO be LET Immediately, for the Interest of all the Creditor. of Mr. James M'Phillimore, that well known first-class WINE and SPIRIT ES rABLISHMENT, No. 34, Bath-street, corner of Gib raltar-row, opposite where the new landing-stage is being erected. This valuable concern would not be disposed of but for unforseen Clrcomstaaces.—Apply at once to Mr. William Herman, No. 2, Prussia-street, or Mr. M'Phillimore, on the premises. On Zee. nri SALE.— 1..1 price.—App ing . IRON for Ships' Ballast, at a ver y moderate MATHER, LED WARD & CO., 12, Rumford-place, ALight. Handy DOUBLE GUN. in Oak Case, with POWDER FLASK, and SHOT RAG, to be SOLD, a Bargain. It was made for a Youth who is 111, a4d wishes to dispose of it —Apply to Mr. T. Earl's, Yorkshire House. Oldhall-street. TOXTF.TH PARK CEMETERY, SMITHDOWN-LANE.— NOTICE.—The Burial Board are now prepared to SELL GROUND for Gravesend Vaults. and for Interments in the above Cemetery. For scale of charges apply nt the office of the Registrar, at the Cemetery ; or to the Clerk to the Board, at the Public Office, Park-place, Toxteth Park. ADDRESS MR. ' PRIEST. BIRKENHEAD. HOU4E I HOUSES! I LAND! LAND ! I—ON SALE, in large or small lots, variously situated, and ranging in price from about £lOO to t6n,oeo.—See H. P. Priest's Cheshire and Lancashire Property Circular. Can be had gratis and free by post. Cheshire offices, for the Sale and Letting of Land and Houses, Market-cross Chambers (one door from Market-square) Market-street. Birken head. ervrrr trrta I cAr TO-MORROW On account of whom it may concern. Tuts DAY, the 25th instant, at Half-past One o'clock, at Golding and Nasles Saleroom, Corn Exchange, Brunswick-street, About 1500 Baas Chilion FLOUR, go. Bags WHEAT, ex R. Battersby, from Calcutta. For particulars apply to J. & M. HARNETT, Brokers. On acc tint of whom it may concern. Tata DAY, the 25th inst., at H?lf-past One o'clock, at the Brokers (Mice, Corn Exchange-building., Brunswick-street, Abont 957 Barrels Western Canal FLOUR, ex Saratoga. from New York, now lying on the quay, north side of Brantley-Moore Dock. —Apply to GOLDING & NASA, Broker, Tali DAY, the 25th instant, at the Brokers' office, Corn Exchange Buildings, Brunswick-street, 500 Barrels Superfine F L 0 U R. rom Philadelphia; lying on the quay, Huskisson GOLDING & NASH, Brokers. ex Lancaster, Dock. —App to NEXT WEEK MONDAY On MONDAT next, the 28th instant, at Twelve o'clock at nool on the quay west side Brunswick Dock, 269 Logs BIRCH 6109 Pieces gl5 inches cal at quality SPRUCE )FALS, contg. 169,311 super 246.841 112,700 .. PINE DEAL, D ITTO, I) aTo, SPRUCE SCANTLING, DITTO HOARDS, DEAL END,:, 183,932 4,882 20 Cords LATHWOOD, being the cargo now landing ex Queen of the East, from St. John N.B.—On account of the Importers--Apply to FARNWORTH & JARDINE, Brokers, Queen's Dock. TUESDAY On Tnasn.ex next, tke 29th instant, at Half-past One o'clock, at the commercial Saleroom, Temple-couq, 328 Hoxes Arneec n CHEESE, just landed ex steamers from New York.—Apply to JOHN MARQUIS & CO., Brokers. Xl)Thip J. NODDER . HATTER, SI, CHURCH-STREET, Begs respectfully to inform the Nobility and Gentry of Liver- pool that his NEW STYLES for the Season are NOW READY for Inspection. at P.,ortlatin iTituts FIRDAY, JULY 25, 1856 National Balance Sheet," as the Revenue Returns are now called, is as satisfactory as could well be expected under the circumstances. It brings up the receipts and expenditure for the year up to the 30th of June last; and, under the head of revenue, we find the large total of 70,233,7781., to which the Customs' have contri buted 23,130,4431. ; Excise, 17,552,7771. ; Taxes (land and assessed), 3,097,0261; Property and In come-tax, 15,187,9531. ; and the Post-office, 2,768,152/ The other sources of revenue are comparatively trifling, and require no special comment excess nf howE K pen di are over the State's receipts are, ver, unusually great; and, although it may not have been possible to guard against so heavy an addition to the public burdens in war, the impolioy and danger of allowing such a sum to be provided for next year, cannot be too forcibly pointed out. The net deficiency is 21,569,4021., which makes the total expenditure 91,803,181 The very large sum which has been freely paid into the Imperial Exchequer, to meet the exigencies of a popular war, may be taken as a pretty accurate test of what the country is oapable of contributing towards the support of the State, without having recourse to loans, or other artificial means of raising the wind The sum lerived from the ordinary sources of revenue, call it 70,000,0001., can only be obtained by a great patriotic effort on the part of all classes of the community, and anything above that respectable figure, must be considered as :the proceeds of a vast national sacri fice.-and to look in either of these directions, in the':firne of peace, for means to carry on the goveFnment of the country on a war or prodigal footing, will, we fear, be found delusive. The expenditure of 1856.7 must be brought within the 70 000.00- and the disbursements of 1857.8 must leave a considerable margin for the reduction )0 - o n o .- now paid in customs, of th charged ►ess oppressive 15,000,0001., and income. The State fact, be reduced just 40,000,000/ burdens between a propert perfectly prel lavishing awa, end the 30th of June, 1858 It is terous to suppose the present end pensions can be con- tint!.ed, and to avert any unnecessary pressure, it would be well for the Cabinet to apply the pruning knife vigourously and teadily Should the present weather blight our harvest prospects, or should the distraction s of the Continent bring fresh embarrassments upon us, spirit of economy will prove our best wise and patriotic friend ocen squandered up to the 30th June, 1856, must be passed over sub silentio. But in " the " National Balance Sheet" for the next twelve months, we can have no such items as 21,551,242/. 812,995/. for navy, and 8,378,5821. for 48,733,8291. ought at any All that has for army, 17, prdnance purposes time to purchase the peace of the world, without the shedding of one drop of blood. It is. however, a vast deal too much to waste on fears, dreams, and prospects of a future war. We are not amongst those , who believe that th e National Debt is an affair which can be paid off in a hurry, or within our own time ; but if we thought it practicable for the CHANCELLOR of the EXCHEQUER to raise 48,733,8191. yearly, for any purpose, not immediately connected with a gigantic struggle for existence, we should certainly recom mend its being applied to the redemption of the dead weight, which it would completely wipe away in a little over sixteen years. But the repetition of such fiscal afflictions is wholly out of the ques- tion. War is quite bad enough when it does really overtake us, without thinking of continuing its worst penalties, after all danger has passed away. The country cannot be asked to pay 23,000,0001• on the importation of articles of food, and the raw material required for our manufac s, to keep up what Sir FENWICK WlLLums would call " an efficient army," nor will the pro. perty, and small income classes pay 15,000,000/. per annum to support fleets large enough to intimidate all the nations of the earth. And it is well for the responsible ministers of the Crown to hear these things, and ponder over them before they again meet the public in Parliament. A numerous army is seldom an efficient one, if we may judge from what we have seen of the hordes of Russia and the numerical strength of other foreign forces. 100,000 soldiers, with our majestic fleets, are enough for all purposes of defensive warfare, and as we are not likely to entrust the destinies of the British Empire to an ALEXANDER, we may wait in all safety for others to attack us, before we need prepare for aggressive enterprises. Thus far the PALMERSTON Cabinet have not been to blame for the immense drafts made on the national purse, but from this moment their responsibility commences, and it remains for the PREMIER and Sir CORNE WALL LEWIS to show that they are the men for the crisis of peace, as well as the ready dis pensers of the nation's liberality and disregard of cost, in a just cause and in proper season. CREDIT ! credit ! appears to have been all that Europe has required for centuries to carry on the great works of civilisation. That the discovery was not made some generations back, is the greatest wonder connected with the marvellous creation and magical growth of the Credit Mobilier system on the Continent. There is nothing which can be more simple than the forming of a company, who are to issue shares and to pawn their own credit, in order to enable them to make advances on the names and chattles of others. Thimble rig owes its popularity to its extraordinary simpli city. The man who cannot see which of three thimbles a fair sized pea is under, ought to " take " that" and lose his money. The " flat" is scarcely fit to live in this advanced age. Now, there is nothing more common than the repetition of the fact, that the moral arguments used against indi viduals may be applied with equal, if not greater, force to nations; and here the rational portions of European society may be asked to decide under which thimble the Credit Mobilier pea lies. There are but three descriptions of credit ;—That of the State, incorporated bodies, and the individual citizen. Here we have the three great essentials of the Credit Mobilier game, which the Germans very appropriately call ein fingerhuts. The pisum, or pea, is quite as diminutive an affair, when taken figuratively, as that used at Ascot or Newmarket. It is a small, irregular, and ever•moving ball, which represents the power to pay possessed by those who play with the thimbles. It is the true symbol of those innumerable cycloids, circles, parallelograms, and hyperbolical lines by which our industrial, commercial, trading, banking, political, and fiscal movements once in every year resolve themselves into a given amount of hard cash. This little rolling pea should, therefore, be watched carefully. Call it henceforth " cash " payments," and let us see how the odds stand what its! value really is in the great game in which it plays so conspicuous It is rather late in the nineteenth century for all the world to be laughing at enlightened Europe. Credit can create nothing but debt. " I promise to pay," as a system, is going rapidly out of fashion, and not without very cogent reasons, and we fear—" I promise to lend," speculation, will speedily die in a far less axemplary way. The chattel property of the word is pretty equally divided, when we consider that the Ballarat of the Australian, and the " diggings" of the Californian Aborigine, possess greater moveable riches than the whole of Europe, and produce more wealth than all the oceans and navigable rivers of the Old and New World. But what was all their metallic treasure worth before it was brought to market, and reduced to cash ? The moveable property of this and every other country, is just as valuable, simply because it cannot be dispensed with. Still its value, be it in Government Stock, Municipal, Railway, or other Corporate Securities, or in private or personal effects, will depend on the power or facility with which it can be converted into cash. The new credit bubble of the Conti nent has been raised on the old bullion, or precious metal basis ; and since the speculators are beginning to lend money to foreign Courts, for rather novel purposes, as we have seen in the case of the Credit Mobilier aid given to Spain, we think the object and end of the whole system may be very clearly understood. While the bubble can be kept inflated it will answer the purposes of such men as O'DoNNELL, but when it is put in motion by any other class of people, we fear it will be openly denounced in " high circles," after one-half of Europe have paid bitterly for their credulity. a part. We know the difficulty which men in business in this country find in getting the cash required to balance - their trade accounts once or twice in the All the credit on earth will not carry one beyond a certain point, and its use, where there is not twenty shillings to the pound in reserve, only makes bad worse. Let us, then, review the Credit establishments, now so popular on the Continent , )37 some rational standard. Let us see what their capital is composed of, what their securities are, the class of customers they have, the means of their debtors, and whether their operations are not very considerably greater than the whole convertible means of the States in which they exist. Their entire stability and respectability, according to the English reading of monetary transactions, depend on that word — convertibility. The extraordinary desire shown for the establishment of these ✓ "credit banks," as they are called, proclaims an alarming want of money ; but those who accept their proffered credit, and rush into debt, forget that these institutions do not add one farthing to the legal tender of their respective States, and that they are only so many costly additions to the mon ey manipulations previously in existence. Such schemes must end in disappointment and loss. They neither add stability to commerce, by THE NORTHERN TIMES.---LIVERPOOL, FRIDAY. increasing the trader's means of discharging debt, nor give greater solidity to the ordinary banks, whose business they take away; and, to dub such concerns with the name of " commercial" societies, and then suffer them to be used for purely political purposes, is giving a degree of scantity to a monster sham, which, it is hoped, will not gull the sober people of this country, or expose their authors to the utmost ridicule and contempt, both at home and abroad. Our London specula tors are about to participate rather largely in the Free Trade in usury ; but without all the other addenda of banking business, they will speedily find their level, and before any serious mischief can be done to ourselves or others. MONETARY AND COIIIATF,PCI Al LIVERPOOL. THURSDAY EVENING . _ The Liverpool Cotton continues without change in tone, but a moderate business was done at previous quotations, the sales amounting to 7,000 bales, of which 1,000 have been taken for specu lation and export. The Liver - pool Share Market opened with a steady tone, but subsequently became easier, and closed flat, but not at the lowest point of the day. The following were the latest quotations :—Aber deen, 141 141. Chester and Birkenhead, 161 17. Caledonian, 308 30:. Chester and Holyhead, 174 171. Eastern Counties, 10 5-16 10 7.16. East Lan cashire, 211 211. Great Northern, 231 24. Ditto A, 9: CI. Great Western, 628 63. Lancashire and York shire, 97: 971. Liverpool, Crosby, and Southport, 181 183. London and North Western, 108 1081. Manchester, Sheffield, and Lincoln, 343, 343 Ditto New 6 per cent. Pref , 13-16 15-16 p. Ditto Pref., 12 11-16 12 13.16. Midland Stock. 831 831. North British, 91 9: North Staffordshire, 48 44d. South Eastern and Dover, 221 22 5-16. York, New castle, and Berwick, 21 22. York and North Midland, 311 311. Leeds Capital Stock, 18 181. Buffalo and Lake Huron, I Ip. Dutch Rhenish, 21 29p. Great Western of Canada, 26 261. Ditto New Shares, 34 31p. Great Luxembourg, 91 9d. By way of Havre, we have nearly a week's later advices from the Brazil, full details of which will be found in another column On Wednesday, we published the copy of a letter which was forwarded to Melbourne by the Eagle, in reference to the Australian Wool trade, Thct letter was handed to us by the writer, and we complied with his request for its publication, with out at all endorsing the statements it contained, and relying wholly upon his good faith. We have, to-day, received the following, addressed LATEST INTELLIGENCE. SPAIN. The steamer Cid, just arrived at Marseilles, brings news from Barcelona to eight o'clock in the morning of the 23rd inst. Notwithstanding the tranquility which pervaded the town, the troops, who had become masters of all the provisions, remained under arm-,3. The struggle is described as having been most bloody. The commander of the Cid calculates the number of killed and wounded on both sides at not less than 1,200. Families were continuing to abandon Barcelona, and seek shelter at Marseilles, but not in such large numbers as was the case a few days ago. THE FRENCH FUNDS. PARIS, THURSDAY EVENING At the close of business on the Bourse to-day, the following were the quotations :—Four and a Half per Cents , 94f.; Three per Cents., 70f. 85e. BELGIUM. THE FETES AT BRUSSELS (FROM OUR OWN CORRESPONDENT.) BRUSSELS, MONDAY EVENING The illuminations last evening were splendid in the extreme, especially those of private houses, and they were more numerous and general than are often seen on the Continent. The weather was magnificent, and vast crowds paraded the streets until the night had far advanced. The British Embassy displayed the British and Belgian flags, and the letters " V.R." in variegated lamps. The King and Royal Family visited different parts of the town, and were every where received with the greatest enthusiasm. To day, Brussels has presented a spectacle which, I verily believe, no other city on the Continent could possibly produce. A grand procession has paraded the town, amidst myriads of spectators who filled, not only the streets, but every window of every house. To describe the pro cession at length would fill columns, and would require the pen of a Walter Scott; but the follow ing are the chief features of it :—A. splendid car drawn by eight horses, from the province of Lim bourg, symbolising the expulsion of the Romans by the Franks about the year 488, the car being preceded and followed by Roman prisoners and Frank victors, in the costumes of the epoch. Then came a car from Luxembourg, representing St. Hubert preaching the gospel, and the house holds and followers of the first Count of Luxem bourg, preceding and following it ; the car was, besides, accompanied by huntsmen, and a pack of hounds. The next car was that of the province of Hainaut, and contained a gigantic statue of Baldwin, seventh Count of Hainaut, ninth Count of Flanders, and first emperor of Constantinople ; the car was followed by sixty minstrels. The next car was that of Eastern Flanders, and in it was a statue of the great patriot, Van Artevelde ; it was preceded and followed by horsemen. Then came a cortege from Western Flanders, representing the institution of the Order of the Golden Fleece by Philippe le Bon, Duke of Burgundy, on his marriage with Isabella of Portugal. The next car was that of Brabant; it was in the form of a gigantic ship , and contained, with a number of attendants, Charles V. seated on his throne, with his aunt Marguerite of Austria, his sister Mary, his son, afterwards Philip 11., his principal courtiers, &o. Then came a car of Antwerp, containing all the principal artists at the time of Albert and Isabella ; the next was that of the town of Namur, followed by a splendid cavalcade. Then came a series of seven cars,—one containing agricultural productions and implements, peasants, and even sheep,—another filled with locomotives, works in iron, &c.,—a third containing the arms of Liege,—another devoted to horticulture, &e., and so on. In some of the cars were busts of the King crowned with laurel, and in others were large inscriptions of " Namur to Leopold the Wise," " Grateful Hainaut to the King," " Twenty five years of peace and prosperity," " To the King, protector of labour." And each car was preceded and followed by troops of peasants, miners, fish. women, wool dressers, workers in iron—in a word, workmen of all trades, all in their respective work ing costumes, and carrying the implements of their different callings. In the course of the pro cession, there were no end of banners, and at intervals were bands of music. As I write, the procession is still parading the town, amidst the acclamations of thousands and tens of thousands. The sun is shining gloriously. The fetes terminate to night by a grand display of fireworks. The style in which the different cars are con structed and elevated, the arrangement of the cavalcades and groups are really magnificent. The dresses, too, are splendid in the extreme; most of them are quite new, and those of the " olden time" are in velvet and silk. All the banners, the designs of which are historically exact, were manu factured for the occasion—some of them at Lyons. SWEDEN.—From every part of the kingdom the accounts of the state of the crops are most favourable, so that no fears are entertained of a scarcity of provisions of any description. THE CASE OF JAMES SADLEIR.-..DUBLIN, Wednesday. —The Lord Chancellor to-day granted an application for the appointment of a receiver of the property of James Sadleir ; and Mr. Macdowell, the official manager, was then appointed. POSTAGE STAMPS.—A correspondent of the Times asks " Why, for four or five weeks, the Post-office and the Stamp-office have been without 4d. and ls. adhesive stamps ; and at neither place can we gain any information as to when they are likely to have a supply." [lt seems that the public in the metropolis is in the same dilemma in this respect as the residents in the provinces. A great fault lies somewhere. and ought to be immediately corrected.—ED. N. T.] _ _ DORCHESTER ELEJTION.—Mr. Charles Napier Sturt was duly elected M. P. for this borough on Tuesday last without opposition, in the place of H. G. Sturt, Esq., who had accepted the Ohiltern Hundreds prior to offering himself for the county. to supply the vacancy occasioned by the death of the Right Hon. George Bankes. Mr. S., in returning thanks for the honour cenferred, said he was unconnected with party, and hoped that the connection so happily begun would be consolidated and strengthened as time went on—that by straightforward conduct and honesty of purpose he should merit their esteem, and gain as a reward their confidence and support. Thanks were voted to the Mayor, three cheers given for the Queen, and three for the member elect, and the proceedings terminated. EXPENSE OF THE PARES.—A return has just been pub lished of the expenditure, in detail, of the sum of £19,391 on St. James's, the Green, and Hyde Parks, for the year ending the 31st of March, 1856. Of this, £5,185 was ap propria•ed to the repair and maintenance of the roads and paths ; £1,812 to watering the roads ; £1,328 to the wages of constables and watchmen ; £2,086 to general works, including the repairing of seats, fences, and hurdles, and the purchase of grass seeds; £1,207 to lightning; _£B7B to a new iron post and railings on the South side of Hyde Park ; £721 to new footpaths in Hyde Park; £2,450 to taking down and rebuilding the lodge at St. James's-street, Buck ingham-gate, erecting new gates and piers, and improving the approaches to the park ; £155 to filling up the old basin in the Great Park ; and £2OO to the salary of the superin tendent. The liveries of the constables cost £172, and the food of the aquatic birds £B4. FOREIGN INTELLIGENCE. THE COURT. OSBORNE, July 23.—The Queen, attended by the Countess of Desart and Major-General the Hon. C. Grey, cruised in the royal yacht, Fairy, yesterday after noon. Prince Albert, accompanied by the Prince and Princess of Prussia, and Princess Alice, drive to Vent nor, and returned by the Undercliff and Shanklin to Osborne. Major-General Windham arrived from Lon don yesterday, and remains on a visit to her Majesty. MILITIA MUTINY AT NENAGH.—From accounts received in Dublin on Tuesday morning, we learn that the court martial on the mutinous soldiers of the North Tipperary Militia terminated on Monday evening, when fonr of the mutineers were found guilty, and sentenced to death ; and the court ordered two more to be handed over for trial by the civil authorities. The finding of the court was imme diately forwarded to General Sir J. C. Chatterton, corn manding the district, who at once transmitted it to the Commander-in-Chief, to be again submitted to the Queen, for her Majesty's final decision. MANCHESTER, SHEFFIELD, AND LINCOLNSHIRE RAILWAY. —The half-yearly meeting of this company was held on Wednesday, at the Palatine Hotel, Manchester. Resolu_ tions were passed, fixing the amount of dividend to be paid for the half-year ending 30th of June next, as follows : 6 per cent per annum on the six per cent preference shares, 31- per cent on the three and a quarter per cent preference stock, and 5s for every £lOO of original stock. The Chair man moved that a stock be created, to be called " de benture stock," to the amount of £2,370,000, for the extinctiou of a corresponding amount of debenture bonds now existing. This was seconded and agreed to, and the meeting terminated. Tux CRIMEAN MILITARY COMMISSION.—The report of the military commissioners appointed to enquire, touch ing certain allegations contained in the report made by Sir John M'Niell and Colonel Tulloch, has just been laid before parliament. The Globe of last night reviews some of the leading features of the report of the milit ary commissioners who, it will be remembered, held their sittings at Chelsea Hospital. By their report, the Earl of Lucan is absolved from all censure, as regards the losses of the cavalry. No blame is attached to Sir Richard Airey or the Quartermaster-General's Depart ment, for the lamentable condition of the army. The case of Commissary-General Filder, is elaborately detailed, and that officer is exonerated ; but Sir Charles Trevylyan, of the treasury; is charged with having made inefficient commissariat arrangements. LONDON AND BRIGHTON RAILWAY COMPANY.—A meet ing of the London and Brighton and South Coast Railway Company, was held yesterday, at the Bridge House Hotel, Southwark; Leo Schncter, Esq., in the chair. On moving the adoption of the report, the chairman observed that with regard to the capital account, it would be seen that the directors proposed to ask for powers to convert the mortgage debt into deben ture stock, blaring interest not exceeding 4 per cent per annum, and for this they had parliamentary authority. They also proposed to take the option of converting it into ordinary stock of this company. Since, however, the report had been published, the directors had given the matter further consideration, and they did not pro pose to proceed with the option for raising the whole of the money. They had still £15,000 at their disposal, and their capital account might be said to be all but closed, as they had no works of importance on the line. The revenue had increased throughout the whole of their system in the branches, and on the main line. Should they be blessed with a good harvest, and a reduc tion of taxation, he had no doubt there would be a further increase. There had been an increase on the ordinary ex penditure of 4,0001, and on the renewals, of 11,0001. It was clear that from year to year they must expend a cer tain sum for renewals, which ought to be taken from the accruing revenue, and not from the reserve fund. He must admit that they had gone beyond a fair amount of expenditure during the last six mouths, but the whole of the renewals would be finished within twelve months. A slight conversation took place as to the propriety of carrying out the agreement with the West End and Crystal Palace Railway Company. Under these circum stances, that company had given notice to this company, that the line would be completed from the Crystal Palace to Wandsworth common (a terra incognita), at an early period, it being contended that no notices had been given to the landholders, and that it was impossible to pay its working expenses until means were taken with a view to that object. Resolutions, carrying out the recommendation contained in the report, were carried unanimously. A dividend of 2-1 per cent was declared. THE CAMP AT ALDERSIIOTT.—The military enquiry into the causes which led to the dangerous quarrel between the 2nd German Jagers and the men of the 41st and 93rd Regiments terminated on Tuesday at Aldershott. The decision at which the court arrived is, therefore, still unknown. We are glad, however, to hear, that the Ger man officers, taking into consideration that such another outbreak could not occur again, and that it was the wish to conciliate the English troops as much as possible, refrained from bringing any charges against the regiments from which the men of their own corps had sustained such serious injuries. The good sense and good feeling of this course mast be obvious to our readers, and we are informed by many English officers who witnessed the affray that, had the Germans pressed the charges , the military board must have severe ly censure d the conduct of several of the English corps concerned in it This conciliatory plan has also produced a very good effect in camp, and without at all acknowledging o 1 whose side lay the fault 6f beginning the disturbance, the English are quite willing to admit their regret that when it had begun they pushed their victory over the Germans too far, and committed many acts of unjustifi able violence and even cruelty. When one side thus forgave an injury and the other regretted it, the best thing that can be done is to let the whole matter rest as it is, and the witnesses before the mili tary board appeared quite of this opinion. The wounded Germans " declined " to recognise any of the English soldiers under arrest for assaulting them, while the English on the other hand " could not say" who was in the wrong, or at most that both parties were equally so. The enquiry, therefore, soon ended, but as we have said, its decision will not be made known till early next week. The investigation of the board of enquiry elicited beyond all doubt that the affray was begun between a German and a man of the 93rd, set together by the ears by one of the abandoned women who now infest the country round Aldershott. There was nothing to surprise in the affray having such an origin ; on the contrary, it was just what might have been expected from a crowd of drunken soldiers, English and German, mixed up with many of the lowest and most degraded of prostitutes. We merely mention the circumstance, in order that our readers may know the kind of discipline which is tolerated among the troops at Aldershott. All round the camp, the worst and vilest of a bad class of women abound. Everywhere are they to be met either squatting like gipsies in the fir woods round about Aldershott, staggering drunk along the roads with the soldiers, or, worse than all, crowding the regimental canteens. TO THE EDITOR OF THE NORTHERN TIMES. Sra,—My attention has been called to the copy of a letter in your paper of yesterday, which, you state, will be forwarded to a Melbourne house by the Eagle packet of to-day. That letter is now a publication, and commences as follows : " We find our corporation are negociating with the Lancashire and Yorkshire Railway Company to build large stores on the site of the old borcugh gaol, to hold 100,000 or 200,000 bales of wool." This statement is news to myself, and, I believe, to the wool trade generally ; and the writer of that letter must have been at least misinformed when he penned the statement. Had h• taken the trouble to enquire in the proper quarter, at the town hall, he would have learned, as I have since done, that no such negociation as that he speaks of is in progress, and therefore his statement as to the warehouses about to be erected is quite illusory. I make no comment upon the rest of his letter. Had the writer signed his name we should have known what weight to attach to his statements ; but I can hardly suppose him to be a wool broker, as his remarks, however well intentioned, begin ing as they do with an erroneous statement, are not calculated to advance the interests of the wool trade in Liverpool, but rather to mislead the colonists. We have already splendid wool warehouses. The Albert, the Stanley, and now the splendid pile at the Wapping dock are fully equal to any supply of Australian wool we are likely to receive for some years, and when the emergency arises, no doubt the wants of the trade will be promptly met, as in the case of our dock space.—l am, sir, yours respectfully, EDMUND BUCKLEY, Wool Broker. Colonial Buildings, Dale-street, July 24th, 1856. The Manchester Goods Market has been quiet to-day, but a fair amount of business has been done in Goods and Yarns, at steady prices. The directors of the Bank of England have made no alteration in the minimum rate of interest and discount at their weekly board meeting to-day, and the rate consequently remains at 41 per cent. In the market for Public Securities to day busi ness has been limited, the dealings in Consols having been for money at 95Z and 95a, and for the account at 951 to 96. The closing quotations were 952- to 951 for cash, and 951 to 96 for the account. The market for Foreign Securities has been quiet, and prices have undergone no change of importance The Railway Share Market has been dull, and the closing quotations stood as follows :—Caledonian 60i 61. Eastern Counties, 101108 East Lanca shire, 801 81. Great Northern, 97 98. A, 771 781 Great Western, 61Z 621. Lancashire and Yorkshire, 974 974 London and North Western, 1081. Manchester, Sheffield, and Lincolnshire, 341 341 Midland Stock. 838 83k. North British, 381. South Eastern and Dover. 741 Tit. York, Newcastle, and Berwick, 872 881. York and North Midland, 72 73k. PENINSULAR MAIL. SOUTHAMPTON, JULY 24 Ths Peninsular and Oriental Company's steam ship Tagus, Captain Edward Christian, has arrived with the Peninsular mails. Her dates are Gibraltar, July 15 ; Cadiz, July 16 ; Lisbon, July 19 ; Oporto, and Vigo, July 20. . The Tagus brings 77 passengers, and on freight 10 packages specie, value £2,242; 5 casks wine; 8 baskets onions, 125 chests lentons ; 40 bundles palm, and 33 packages sundries. During her voyage the Tagus experieneed general fine weather. The Peninsular and Oriental steamer Madrid, arrived at Vigo on the 20th inst. On the 22nd instant, the Tagus passed the Indus at 9 a.m. The English steamer Rechid was at anchor on the 20th, at Vigo. Her Majesty's Ships Centaur, Vesuvius, and Ariel, were at Gibraltar. THE BALTIC MEDAL.--Her Majesty intends personally distributing at Portsmouth, during the present sojourn of the Court at Osborne, the Baltic medal. QUICK PASSAGE 1 , 11'1114 VALPARAISO.—The clipper ship Ellen Radford, Captain Wakeham, has just accomplished the voyage from Valparaiso in seventy-six days, notwith standing sbe was deeply laden with copper ore. This is, we believe, the quickest passage on record from Valparaiso to this port. On her outward voyage she was only forty days from the line. - A new comedy, entitled " Second Love," was produced at the Haymarket Theatre on Wednesday evening with the utmost success. It is from the pen of Mr. Palgrave Simpson, who is at once an ornament to literature, music, and to the legal profession in our own town. We hope Mr. Copeland will be able to arrange for the production of" Second Love" at the Theatre Royal. THE WEATHER continues very unsettled, and most unpropitious for the harvest. Heavy showers fall at intervals, and there is hardly any sun-shine, which is so desirable at this time of year. The atmosphere is very close and almost oppressive. We trust, however, that this state of the weather will not long continue. Yester day morning was fine, but from noon out it was excessively wet. S inns—A few days since a man Earned William New port, while in a fit of insanity, attempted to destroy himse If by jumping into one of the docks at the south end of the town. At that time he was rescued and conveyed to the Southern Hospital. Yesterday while the nurse who hal him in charge was absent for a few minutes, the man made a rvsh at the window, out of which he jumped, and was killed on the spot. An inquest will be held upon the body this day. TILE LATE PETER CHALONER.—The obsequies of this deservedly esteemed and universally respected gentle man, took place at half-past nine o'clock, on Tuesday morning last, at St. Augustine's Catholic church, Aig burth. Though in accordance with the wish of the bereaved family the funeral was of a private character, the church wai fully attended by a numerous body of highly respectable persons, anxious thus voluntarily to pay a last sad tribute of respect to the memory of the departed. The c rtege was, however, one of becoming solemnity without ostentation, and in this respect the undertakers, Messrs. Pugh and Lewis, of Bold-street, executed their task with taste and efficiency. THE BRITISH ASSOCIATION.—The programme of arrange ments for the forthcoming meeting of the British Associa tion at Cheltenham has been settled. The first or opening meeting will he held at the Cheltenham Proprietary Col lege, on Wednesday week, when the Duke of Argyll will formally resign the presidency, and the inaugural address wilt be delivered by the president for the year, Dr. Daubeney. On the following day (Thursday) the first converzazione will be held at the Pittville Pump-room. On Friday, the Rh of August, the sections meet at the College, and in the evening Colonel Sir Henry Raw linson wilt deliver a discourse on the recent researches in Assyria and Babylonia, and on the results of cuneiform discoveries. On Saturday the sectional meetings will continue, and in the evening the second converzatione of the members will be held in the Assembly-rooms. On Monday (11th) the sections proceed as usual, and there will be a lecture by Mr. W. Grove on the correlation of physical forces. On Tuesday the section will resume their scientific discussions, and the president's dinner will take place in the evening. On Wednesday (13th);the proceedings of those sections not formally closed on the preceding day will be brought to a conclusion, and the general meeting will take place, to make arrangements for the scientific matters which will have to be proceeded with during the ensuing year. The Cheltenham people give a grand flower show this afternoon, and on Thursday it is expected ex cursions will be made to the mos t interesting localities in the neighbourhood. FRANCE The Emperor Napoleon has ordered a canal to bo formed in the plain of Plaisance (Haute Garonne), for the benefit of the crops which suffer severoly for the want of water during the summer season. The inabitants of Plombieres and its neighbour hood have great reason to rejoice at the visit of Li- Imperial Majesty, for his fertile mind is ever actic a in devising schemes for their physical, social, au I. intellectual advantage—schemes which he w leave as pleasant remembrances after his return to the Turneries. The residents of the above tmv gave a ball on Sunday last, which was opened 1):( the Emperor, and after joining in four dances ho returned to his hotel. Troops have been ordered to proceed forthlivi to the Spanish frontier from Paris, Lyons, Mont pellier and Wimereux. A grand banquet is to be given in Paris on th , , 20th August, by the medical body of France, to those of their profession, either in the army or Vic navy, who were engaged in the late war A large Russian ship filled with corn has arrive. t at Marseilles from Odessa, being the first of the kind that has reached that port since the conclusiotl of peace. The funds were more buoyant on Wednesday and closed at an advance. A correspondent says : BOULOGNE, July 23.—The division encamped at Wime rens, is under orders to leave to-day, en route for the Spanish frontier. It consists mainly of Chasseurs. The movement is, doubtless, in consequence of the threatening aspect or of affairs in the Peninsula. The Semaphore de Marseille, of July 21, announces that a certain number of regiments have been ordered to march towards the neighbouring departments. The 37th regimen t of the line left Marseilles on Saturday for Montpellier, where it will replace troops that are going to the frontier. THE AFFAIRS OF SPAIN The last accounts from Saragossa state that the insurgents yet held out, but their submission was daily expected. The telegraphic communication between that place and Madrid was still interrupted. General Falcon had only a force of between 3,000 and 4,000 men to oppose 12,000 of the Queen's troops, who were marching against that city under the command of General Dulce. It was the inten tion of that officer to invest the town, and summon the insurgents to surrender. Upon non-compliance, he would open fire, of the result of which no doubt whatever was entertained. The Moniteur of yesterday morning says :—" The last news from Barcelona announces that the con flict there was very keen, but that the success or the Queen's troops may be considered as secured , The fire lasted on the loth from five in the evening till midnight ; on the 19th it was resumed from the morning till eight p.m ; on the 20th it lasted the whole day; on the 21st, from the morning till five p.m. On this last day, the insurgents having been driven from the streets of the Union, and from the, Rue Neuve of the Rambla, and from the Hospital: de la Junquera, their principal positions, betook themselves to the country. They were pursued thither by the cavalry, who sabred them. Gerona and La Junquera are still in a state of insurrection. Tranquillity prevails at Figueras. The garrison is ready to fire on the occurrence of the slightest movement. It is thought that the victory obtained at Barcelona will arrest the other movements of Catalonia. Some details have reached us relating to the pro ceedings of the Cortes on the 14th instant, whey. M. Madoz moved the following resolution We propose to the Cortes to declare that the new Cabinet has not their confidence." Ninety-three membe►s were present at the discussion, el e ven! of whom declined to vote; and the question was' decided in the affirmative by eighty-one against one. The only dissentient was the Marquis de Tabuernicca, who has since been appointed Under Secretary of State for Foreign Affairs. The reso lution above alluded to was embodied in an adf:iress to the Queen, and a committee was appoir, te d to present it accordingly, but her Majesty r'..:fused to receive it, upon the advice of Marshal O'Donlic who had declared it altogether illegal. General Espartero had not left Madrid up to the 19th in ,t. The subjoined are the latest particulars of tile movement : Prince Louis Lucien Bonaparte arrived at Bayonne on Saturday, and after a fe w h ours ' stAY left for Spain. The civil and military authorities of Iruu being informed of his expected arrival, awaited him at the gates of the town in official costume. The Prince, born on Jan. 4, 1813, is sore of Lucien, brother of Napoleon I. Marshal Narvaez also arrived on Saturday at Bayonne, with the intention of offering his srrvices• to the Queen of Spain. In place of going forward? he has despatched an aide de-camp with a letter to her Majesty, stating that he will await her orders either to go forward to Madrid or to return to Paris • " Marshal Narvaez," says the Assemblee Nationale, " has been appointed ambassador of Spain at Paris, in the place of M. Olozaga." Two battalions of the 22nd Regiment of the Line lately despatched from Paris for the Spanish frontier reached Bayonne on Monday afternoon by two special trains, and the next day left that city for their cantonments along the frontier. The stuff of the regiment will be established at St. Jean Pied , de Port, and detachments will occupy St. Etienne' de Baigorry, the AlaLudes, Arnegup, Ainhoa, &c. The Semaphore of Marseilles of the 31st says:-- "It has been already announced that a corps 9f observation is about to be formed on the Pyrenean frontier. In consequence of orders from the Minist&t. of War, a certain number of regiments have been marched on the neighbouring depart , ments. The 37th of the Line,, which has been in garrison for some time in this city, left on Satur day for Montpellier, to replace the troops which have removed from that garrison towards the frontier." The Siecle has the following from a correspondent in London :—" The English government, yesterday, receive& a despatch from Mr. Otway, who, in Lord Howden's ab sence, represents England at Madrid. This despatch vial; very important, and, according to what is said to-night„lt left the impression that Marshal O'Donnell's situation WO less favourable than had been supposed." In consequ'ence of this despatch orders were sent by telegraph, to Lord Howden, whatever might be his state of health, to return instantly to his post, passing by way of Boragossa. RUSSIA Advices dated Berlin, July 22, state that since the evacuation of Kars, a certain agitation i 5 remarked among the Kurds in Upper Armenia. A. Russian army, under the command of General Thruleff, has taken up a position along the frontier• The Armenian Archbishop of Karapet has expire,d at Achalzig. A letter from the Crimea of the 6th, in the Moni teur de l' Armee says :—" The Russian Govermm.iit comprehends that the importance of Sebastopol has declined, now that it i s d epr i ve d o f t h e mari time importance whi c h was i ts l i fe ; and it in owl sequence intends reducing as far AS possible its expenditure in the Crimea. Before winter i lio different corps will have left the peninsula, which will be entru s t e d as former ly t o special troops . The fourtee n formidable pos i t i ons Once occupied. by the Russians are reduced to four, namely, ilia Star Fort, and the Forts Constantine, Michael , and Severnaia." AUSTRIA AND ITALY. The Austrian Gazette la s t rece i ve d conta i ns a 3 article of a semi-official character which leads t' the conclusion that the Austrian government (!') not despair of s ee i ng some change of system Naples. A correspondent, however, writing &oi l Vienna, asserts that the King of Naples entertai o . the most sup reme contempt for Austria and bet rulers, because he thinks they have been faithles s to Russia.