Northern Times. — Liverpool, Merseyside, England, 1857-10-28 00:00:00

ascending outwards by the coast of the Gst:lf of Bothnia. Since the invasion of Sweden, it has carried off 5,000 persons. The Madrid ;journals express disapprobation at the adjournment of the Cortes, and regard it as preliminary to a dissolution. The Sardinian Parliament has been dissolved, and the new election will take place on the 15th proximo. The city of Washington arrived last night with New York dates to the 15th instant, The news is of a more favourable character. THE temporary stoppage of the 'Liverpool Borough Bank, which was publicly announced in the NORTHERN TIMES of yesterday, would be an affair of very little importance under ordinary circumstances. We have no banking facilities to spare, it is true ; but the most cautious management of a large monetary establishment, whose business must, far the .most part, be con nected with ships and imported ,produce, cannot avert the great changes in market values, which such descriptions of property must of necessity be subject to from time to time, and correspond ing vicissitudes will follow risks. These depre ciations, fatal as they must be to the steady business profits - of banking houses generally, have, however, been most grieviously increased in the present instance, by -the very sudden and unprecedented severity of the Bank of England's action. The terror of the Bank screw, which pervaded the commercial world during the whole of August, and in the early part of September, caused a very considerrble depreciation in the value of nearly all kinds of mercantile property and its subsequent application, coupled with the intensity of the money panic in America, pro duced a still further and more serious deprecia tion of prices, while the general aspect of affairs forbid all hope of speedy relief. Under these circumstances, those Banks which felt the pressure with any unusual degree of severity, acted wisely in succumbing in due time , and we think that the Directors of the Liverpool Borough Bank are entitled to the thanks of the merchants and traders of this town, for having cut short for the moment a doubtful career, before all had been endangered in a vain effort to regain a lost position. oi) i.arl j ij t ic 4 WEDNESDA Y, OCTOBER 28, 1857. THE DAY'S NEWS. The Monetary. horizon is at present rather *loaded. Yesterday, it was announced that Borough Bank of this town had suspended pay ment, and it is now rumoured that another bank ing institution in Liverpool will find it necessary to close its doors also. The Bank of England has granted aid-to the former, hut we alio -not-yet- in a position to state whether the application of. the latter for assistance has been successful. :It was intimated at an early hour yesterday that-the elsefts of the Belfast Northern ,Banking Company, which had heretofore been paid by the Borough-Bank, would be honoured by the Bank of Liverpool,: and that the Borough Bank would resume on !Friday, and pay out all -their deposits, preparatory to wind ing-up. lnethe meantime, the demand for money increases, and, notwithstanding the glorious news res pecting the fell of Delhi, the funds are declining. For other descriptions of securities there is little or no demand, and the settlement, we are afraid, will not peas off without some severe losses, and a Dumber of suspensions in consequence. On the other hand, the Continental money markets are not -se stringent as they were a few days ago. ;In France, accommodation can be obtained as low as 7 per cent, and at Hamburgh, the bank rate of.in terest has fallen from 9 to 8 per cent. The advice& from America are, on the whole, deemed more favourable than otherwise, as it is expected -that the' suspension of cash payments will ultimately seffect some good. The additional telegraphic despatches from India, which -we published this morning confirm the intelligence of the fall of Delhi. The British troops attacked :the city on the 14th of .s._;eptember, and on the 20th Delhi was in our complete posses sion. On the former date it was assaulted, and positions secured at one or two of the gates. - From these our heavy artElery was brought to bear upon . the city, and for- five days aegradual advance was made. The -fighting must have been severe, forthe ground was evidently disputed inch by inch. Oue account stays x that the King escaped in female attire; another reports him to have been taken. It would•appear that the troops entered the breach near the Cashmeragate, without serious opposition.; advancing along the ramparts to the Cabul gate, where resistance was very obstinate, and our loss severe, and that we were advancing gradually within the city. -The enemy seemed retiring over- the bridge, and the guns were turned on them. The news from Bombay.by the Pekin confirmed the in telligence per the Nubia, adding that D dhi was ' completely in our possession on the 20th Septem ber (the anniversary of the battle of the Alma 9 ; the loss on both sides very, heavy, but particulars not known; while from another quarter, Vienna, we learn that Delhi was attae,kect, on the ltth, and taken on the 2.0. b, .and that the English remained masters of the whole. city. The latter, abech was communicated by the Austrian Government, stated that "the :King and his two sons fled in female; and the women in male, disguise;" and that later accounts -stated that the King had been taken. It also announced the amount of our loss as 40 offi cers and 6100 -soldiers. killed and wounded—thus corroborating the tidings communicated to the Foreign-office. The news from Cawnpore and Lucknovv is satisfactory- • Gen. Outram had j lined Havelock at4Cawnpore, and on the 19th of Sept. their united forces crossed the Ganges without any opposition, with the intention of marching to the relief -of -Luck now. At leacknow itself all was reported well. Mr. Colvin, the present governor, had died at Agra. At Gaya a party of Sikhs hal been oueenenceavred by the insurgents, and that city was plundered. The whits of the north-east frontier was in a disturbed state. By another despatch, forwarded to the Board of Control from Calcutta, we learn .that the cerarnunications between Dehree and Benares had been eat off by the ma.i neere of the itaroglaur battalions.,; that the Dina pore mutineers had got to Nagoole, and that the 50th Native Infantry, stationed there had mutioiecl, but the officers were believed to be safe. The telegraph confirms theetatements reepecting Have lock's and Outrana's.movemente. The Indore and Mhow mutineers, disregarding Seindiah's opposi tion, were at Dholeporte on their march to Agra. The garrison there wasevell on the. 1211 September, but an attack was expected from the Gwalior con tingent.. Tad news from the native-States must be considered bad. At Mundisore many -.thousands of followers had been collected for the King of Delhi The post of Dhar had been saied.by the rebels, and ltutlam was believed to have been takes. Western Malwa was greatly disturbed, as was also Itajpootana by the Joudpore mutineere. The Punjaub and cis-Suthj Stet esavere, quiet. The local news this morning is not of ~much interest. A number of 'Ward eueetings were held last.r.iglit, ample reports of which will be foiend in another column. At the Court-of ,Paesaee, yeaster day,..a.case of a peculiar nature .was adjudicated upor. A women of questionable character had purchased a laree amount of goods from Mr Hughes, cabinet-maker, Bold-street. 'She agreed to pay 4Ge. a week until the amount was liquidated. Thesedustalments she paid every,week she; was warned out of her house by the,poliee. .Having', to obey, the-mandate of the civic authoritie,s forth- • with, she. requested Hughes to takebeek the goods until she could obtain another house. This was done, but when the lady had found a real:len:3e to her liking, Mr. Hughes refused to deliver' up the goods;, return any of the money he had received, or have anythiog to do with the unfortunate .won an. Under these eireurnetances, she brought -an action against him, ap the jury returned a verdict for the plaintiff,- damagee, 08i Mr. Hughes is in the habit, according to his own confession, of supplying, disreputable females with furniture. Of domestic news, this morning, there is not -the least ieem of perscual interest. The intelligence from abroad this morning is of, an intereatine description. A Vienna letter in the Augsburg .oa,zeae, states that an intimation has; been made to the Russian .ambassador that the Austrian government consikeed the recent resolu tion of the Russian government to open only three ports in the Black Sea to European commerce, not in aecorlanee with the treaty eef ,Paris relative to the Black Sea A -Vienna letter in the Bourse Gazette, of Berlin, says that the policy of Prussia relative to the Principalities, bas lately undergone a very essential modification, and it is very probable that in the conference of Paris, Prussia will vote against the urs&on. Too much importance is, moreover, attached to the question of the majority in this affair. The Coc gress cannot decide by m.jority of votes that a right belonging to Turkey does not belong to her; and should the six otb3r persons be in favour of the union, the refusal of Turkey alone wilt be sufficient to prevent the union's taking place.. The Independence writes that the French govern ment hebitatea about su : ..porting the erection of the Principalities into et, kingdom ; an I that it is sot, after all, committed on the question of the union The cholera has beaux; ;g appljpp in the South of Sweden, but it ig ,But, that the Bank of England should afford assistance to a solvent bank, and that its affairs should be wound up to the inconvenience of this large mercantile community, appears most stran.es,e. If the aid to be afforded to the Bo rough Bank is to be "effectual," there is cer tainly no need for the suspension of its business. Thereis not a bank in Lancashire, which has :discounted for the last two seasons a larger amount of cotton bills.. The profits on this •branch of business have been unusually large and ,if there are securities still in reserve, al though." not immediately available," there can be but little real loss sustained. The principal injury appears to be reserved for the commerce of Liverpool, by cutting off one of its mos t liberal and spirited banking establishments. Fortunately, this harsh and apparently unneces sary step, might be taken without causing any uneasiness in the public mind with regard to the .stabiiity of the other banks. The entire mone tary policy of this country, has'been designed to enrich the ,banking interests, and the long run of high rates.ofdiscount they have been enjoying of late, under th 3 operation of our banking restriction laws, has given them that stability which is supposed to accompany a rich harvest. A. few may have miss.:d the right path, but the bankers of .:the United Kingdom, taken as a body, were .never more wealthy or in a more prosperous condition, Moreover, the money panic in the United States, may be said to :have terminated when the last mail left New York. Depositors in the American banks emcee receiving notes, under a promise not to demand specie for them for some moderate space of time, and the public were beginning to receive them as usual ; and the return of confidence in the .States will be a source of immense profit to our Znglish bankers. Some temporary inconvenience may be felt from the scarcity of gold, but this is sure to rec tify itself, let merchants and .traders suffer what they may, by the operation .of those unwise and oppressive : money laws under which we live. The Borough Bank, for example, was, if we are to believe the .offi.eial announcement, in a solvent state. It idvanced money op securities which were forthcoming to liquidate bhe derosncls upon it, but because it,could not convert_thoie securi ties into gold at s. :moment when. Coreigners were paying more for it than it is worth -in this country, the B tak ,its compelled to wind up to the manifest injury of a large section, if not an entire - commercial coma:lenity. Bankers and merchants .may hold any amount of ships, foreign or colonial produce, or domestic products imaginable ; but, unless they can .com mand the foreign metal—gold—in moments of pressure, they must suspend business, and all is lost. In discussing- this question, we have not used one word that could lead our readers to sup pose that our money laws have a tendency to impoverish the banker, or to render our Banks insecure On the contrary, we have always endems.red to show that where a • Bank advances money on produce. or securities of an available character, let th e fat e o f th e merc h ant or trader be what it may, the banker is sure to be safe. immediately available," giie up business, and submit with becoming fortitude to the mon strous doctrine .propounded in our statutes— namely, that ,in the absence of gold, the accumu lated wealth of the nation, the solvency of its bankers, merchants, and traders go for nothing. That so respectable an establishment, with its safes full of bona fide securities, a long list of respectable. and wealthy shareholders, and a well earned popularity, should have fallen a victim to such a system, and at such a critical moment, is much to be deplored; and that no effort has been made by the bankers and capitalists of Liverpool to sustain so highly creditable and necessary an institution, cannot fail to excite surprise in the commercial world. Lancashire, and Liverpool more particularly, have no banks or monetary facilities to spare, and we shall not be astonished if the fact should develope itself in a variety of painful forms when public confidence is once more restored, and increased accommodation required. Since this article was written we are glad to find that a notice has been posted on the door of the Liverpool Borough Bank, to the effect that it will resume business on Friday next, and it is sincerely to be hoped it will do so as a banking-house, and not merely to pay off its liabilities. WE have on several previous occasions called attention to the many evils connected with the Licensing System, and the injustice and incon venience to which publican' and beer-sellers are subjected to by - the Billeting of soldiers and recruits upon them. A case, an illustration of the foregoing, was heard at the Police Court, on Friday. Mr. JOHN LEWTAS, Licensed Victualler, was summonsed to answer a charge preferred against him, for refusing to take a soldier, Corporal BENJAMIN MARTIN, of the Scots Fusilier Guards. There was no question as to the refusal of the Billet, but Mr. LEWTAS acted (his solicitor said) upon principle, and to resist, what he termed, an attempt at imposition. In support of the charge, the Corporal and a sergeant who went with him to Mr. LEWTAS'S, swore that MARTIN was the soldier named iu the Billet, which the defendant denied. The magistrates' placed little reliance upon the evidence for the defence, which went to show that from what transpired between the corporal and the barman at Mr. LEWTAS'S the Billet was intended for " a dirty recruit, down town." Mr. SYKES, a publican, was in the bar at the time and heard the foregoing expression used, but as he would not swear which of the soldiers—the corporal or the sergeant—made use of the words we have quoted, the bench deemed the evidence for the defence as proving nothing, and fined Mr. LEWTAS 40s. and costs. We are not going to justify Mr. LEWTAS for refusing to accept the Billet addressed to him . , although we have our own opinion as to the real merits of the case, which the magistrates' decided against him. Our object is to direct public attention to the hardships which the ' Billeting system impose upon all persons licensed to sell spiritous and malt liquors. In the first place, the requirements of the Billeting system are one-sided, and notoriously partial. No class in the community is obliged to accept a Billet but publicans. Most other trades and prefessions are at liberty to exercise their callings without let or ; hindrance, and particularly without having to •pay the Crown a license for permission to deal in spirits, wines, and malt liquors. The bookseller and the stationer, the printer, the hatter, the tailor, • the butcher and the baker, the grocer, haberdasher, the broker and merchant—dealing in all sorts of `produce, home, foreign and colonial—lo not require a Crown License to follow their particular avocations. It is different with the publican ; he must pay an annual tax to enable hiin, to follow that line of business. This, of itself, should entitle him to be exonerated from being obliged to keep a house of entertainment for soldiers on their march, or a regiment of Militia assembled for a month's drill. On this ground, alone, we 'think the Billeting system partial and unfair, for the very men who could claim exemption on the ground that they pay to the State an annual tax, from which all other classes of the community are exempted, are those whom the law compels to receive soldiers on Billet. The great beauty of National Taxation is the adoption of a • scheme, whereby every member of the community contributes, directly and indirectly, his just quota to the revenues of the country. ;By the term just, we mean such sum or sums as are in keeping with his means and position is society. This is not so in the case of the Licensed Victualler. He is taxed beyond that of any other class in the kingdom, for, in addition to all the imposts, direct and indirect, levied for the support of the Queen's Government, he has the additional annual tax of a spirit or beer license, and to keep his house open at all hours to• admit such soldiers' or rough reeruits as may be Billeted upon them. Independent of the injustice of the Billetting system, it becomes vexatious from the inconve niences to which it subjects publicans. It is well known that the great majority of raw recruits, before being subjected to military discipline and drill, are, to people of any preten sions to respectability, somewhat obnoxious, on aceOunt of their immoral. habits and filthy prac tices. Again, soldiers in general are noted for their swearing propensities and other language of a revolting character. This, too, they are more prone to indulge in tvhen not in barracks. Now, to any publican who has a wife and family, it is at all times a painful thing to be obliged to admit , He measures all his steps, totally irrespective of the wants of trade by the supply of gold in the country, and the Liverpool Borough Bank appear to have adhered to this practice by sus pending business while in a solvent position. The Directors, finding that the stock of bullion was decreasing daily, at a period when their capital was Locked up in securities which were "not THE NORTHERN TIMES.-LIVERPOOL, WEDNESDAY, OCTOBER 28, 1857 such persons to his house. lie desires not to have their ears shocked by profane or obscene language, still the law compels him, and that, too, to rise at midnight, and though his beds were completely full, to give up his own, if no other can be had, to the soldier or th.t recruit. The arbitrary character of the Billetting system is fully as reprehensible as its partiality and injus tice. Viewed in whatever light we may, the law is one which should either be repealed or modified to a very great extent. We are not among those who would deny to the soldier and the recruit every accomodation, consistent with the convenience of all classes of the people. We hold that every person who has the means should be equally liable, when neces sary, to provide lodgings for the soldier. The Licensed Victualler has no more right in equity to have a soldier Billetted upon him than the retired gentleman who lives upon his independence. But we think the time for such a system has passed away. In all large towns to which regi ments or recruiting parties are called, there should be provided, at the public cost, a building capable Of affording such lodging accommodation as the military .wants of the . country: required. Take Liverpool for example. What is there to hinder the two great police depots—Rose-hill and Seel-street—being fitt.cd up with portable beds to accommodate an entire regiment. If it came in —as is often the case—in the middle of the night, the men would be sent to these stations, and there rest themselves and prepare f)r renew ing their march. The salary now paid to the Billet master and his deputy would go pretty far in providing the beds and keeping them in clean and proper order. Any plan would work more satisfactorily than the present one; and we earnestly hope that an efficient amendment will be applied to a law that is so unsuited to the wants and requirements of the country, and which imposes unwarrantable grievances upon the Licensed Victuallers as a body. THE BERKELEY FEUDS.—Mr. Grantley F. Berkeley has addressed a letter to the Morning:Post, describing:in a somewhat incoherent manner the reasons which induced him to abstain from attending the funeral ceremony:of the late Earl Fitahardinge. Ha states that on attending at the . castle on the morning of the funeral, at the express invitation of Sir Maurice Berkeley, the latter in the presence of the other brothers charged !him with false hood, concluding by asking Mr. Thomas Moreton Berkeley (who throughout the letter is called the Earl of Berkeley) "if it was true that he had been • cajoled and cheated' in regard to the matter of the peerage ? " Lord Berkeley replied, " that he had pot." Mr. Grantley Berkeley continues :—Astoniehel and outraged as I was at this sudden and unexplained attack at such a moment, and when I was prepared to have seen the grave close over all past animosity and oppression —all unrepented of as I feared them to be—l immediately cast from me with disdain the false charges of which I had been accused, and turned my attention simply to the fact which was so evident—namely, an attempt to overreach as in the presence of witnesses, and I addressed Lord Berkeley and said, 'Now, answer me this simple question —Have von not all year life toll me, an 1 did you not tell ma so late as yesterday, that I might set my heart at rest, for that nothing you had done in the matter of the peerage mid affect my future interests and those of my sons—that all you had dons was but for your life ? ' Lord Berkeley distinctly, • and without hesitation, replied, hive, and did tell you so.' I then turns! round OA what at once assumed the appearance of a peeked meeting for an especial purpose,. and said, ' What more, gentleman, do you require?' Thea arose a B abet of voices, for the reply of Lord Berkeley seemed to be most distasteful to meny:of the bystanders. Mr. Augustus Berkeley ani Mr. Henry Berkeley ex claimed together, addeessing we, ' We deny that you are the heir-presumptive,' &e, while C shnel Kingseote inq sired of Mr. B Jodie if Moreton Berkeley' (the pre seat earl) had power to cut of the entail, and if he had done so.' Mr. Beadle replied that he had, and that he had done so. 0 a this, I said to Lord Berkeley, Just answer me another simple qeestion. Hai you ever a deed placed before you and explained to you for that purpose ? Have you ever had in your possession any such deeds, or copies of this deed, or any whet paeans whatever relating to it in your possession ?' Hi 3 reply to this was—' No, I don't know, I am no lawyer, I know of no deeds nor papers.' Mr. Henry Berkeley then, among the confusion of voices, put a question so dictatorial and so ridiculous that I thought it needed no notice fro .n me ; he said, addressing the Earl of B wkeley, That is, M weton, you know . when you slid you did not mean to affect your brother, Geantley's interest you meant, of course, his interests as .a younger brother. The earl replied, Yes,' anti then added, as if recollectiae some lesson, Oh I yes, I believe what my mother told me in preference to any body,' or words to that effect. Utterly false as these gross charges made against me by Sir Maurice ware, for I had never attacke i him in any way, nor been guilty of one act towards him which was not in kindness and affection—and enraged by the fact that the words cajoled Jeri cheated' had been furnished him f-o:n a letter of mile, marked privee and confidential,' to Colonel Kingscote, I edit-else 1 the assembly to the following effect. .1 toll them I had come to Berkeley Pestle :seder the most friendly ail affectionate feelings, and on a civi invitation from Sir Maurice Berkeley, and that I littlel expected to find myself and to see my brother, Lord Berkeley, on so solemn an oeei3iol, clisgalerully and indecently entrapped, to aid the continuous designs on the:inheritance of the earldom, myself, and my children Time, place, and persons wore equally improper. I knew that I stop 1 alma amoa them, an I had not a friend present, and that, under fe.elid;s so in leeeat:ly oVreged as mine were, C world not stay one me neat longer there than I could help. I sleeted decline the funeral and retire to my roein till the care n sly was Ore", an I then order ray carriage and retura hone le toile them to attend the house of God, and to reconcile prayer and their recent act, if their conscience would perm t them to do so. Alas ! I Wt 3 now no longer surprised that my sons were not asked to attend the funeral, for it was bet too evident but one class of witnesses were desired. Tee public and the county of Gloucester will now know why I felt myself forced to take a painful step, an :1 the false rumours that seen to have been pump ssely set abroad for my injury will receive a refutation. • TOE PRINCESS ROY AL'S MARRIAGE.—AIter detailing the circumstances of the assumption of the Regency by the Prince of Prussia, the Berlin correspondent of the Time; slys, " This form of settlement of the crisis at Potsdam will not be without a very disturbing influence on the wedding arrangements of the Princess Royal and Prince Frederick William. Its the Prince of Prussia will, in consequen,le of his holding this power of attorney, be prevented front corning over to England to be present at his son's nuptials, it is more than possible that the mar riage itself will be postponed for a short time. Such a postponement would in many respects be desirable, inas much as, among other reasons, if the ceremony takes pace later in the year, there will be a better chance of its being favoured with fine 11/3ither, which, as far as the Berlin portion of the cerecavies is concerned, is a con sideration of very great importance, inasmuch as the entry into Berlin of the bridal couple entails upon a large number of old civic notabilities the neoessity of confront • ing the severities of the open air in those curtailed Wltnentionables that SeOM every whin** t 9 fort an essential of court costume. Quantities of young girls, too, will go out of the city gates to receive the bride, themselves dressed in bridal attire, and it would be a grievous pity if rain or other inclemency of the weather should mar the effect of white satin shoes and low dresses, and consign their wearers to a bed of sickness or an untimely grave. It is also very desirable for the position that the youthful couple shall subsequently occupy iu the hearts of their future subjects that all Prussia should be able to look back to that day of their entry into Berlin as a day of sunshine." According to the latest arrangements, Prince Frederick William will come to England in the course of next month, and stay at our court until after the birthday of the Princess Royal. THE ACTION OF Tim NE V? YORK B ANKS.—The writer of the City Article, in yesterday's Times, thus alludes to the action of the New York and Boston banks :—The entire suspension of specie payments by the New York and Boston banks, reported this morning by the American mail, is the most satisfactory announcement that coul have been looked for. Hal the step been taken a fort night earlier, an immense amount of ruin might have bee n averted. The banks, after having by their mismanage ment brought about the state of affairs which rendered the panic possible, sought to save themselves by the sacrifice of the whole mercantile community, but the public at last have taken the matter into their own hands, and forced them to a stoppage, which will place them in the same con ditiea with their victims, and thus terminate the struggle. Their c mrse hal been simply this—By a system Lf most imprudent advances, they had encouraged the public to rely on abundant accommodation, not only on bills of exchange, but on the bonds and promissory notes of railway and other corp )rations. Wnen the over issues of this latter class of securities began to excite an alarm, and it was seen by a knot of speculators that if they could be brought into sudden discredit general confusion would ensue, the banks turned round upon those they had deluded, and not merely refused further accommodation, but called in, as far as possible, all that had been granted. Or course, universal fright followed, but as firm after firm went down, the banks still boasted that they were determined to maintain themselves, and actually excited some sort of ad titration at the grandeur of their resolve. Bat it was plain they could net succeed, and that even supposing their preservation possible, it might be paid for too dearly. In the opinion of calm lookers on another week was only req aired to stop every house throughout the State. Apprehensive, however, of the penalty of losing their charters, and animated by individual rivalry, they continued blindly stubborn. The community at last, it appears, with an instinct of despair. resolved to' bring them to an end. A concerted run was arranged by the depositors, and on the evening before the departure of the packet a general stoppage was ascertained to be inevitable. Eighteen of these establish ments had already been brought down, and the thirty-three that remained saw that another day would seal their fate. A deputation of the presidents of three of the largest was therefore clasp at .1 . 3 , 1 to the Governor of the State at Albany to pray far the access try legislative stop 3 to legalise the ea - yeas:oe, and meanwhile a notification of the event was given in all the New York papers of the morning of the 14th inst. Its effect was instantaneous. Every one, it is said, seem te feel that the ordinary channels of business would forth with be restored, and that from that moment the progress of recovery would commence. The steamer saile 1 at noon, and the last accounts therefore reach only to 11 o'clock a.m., but a postscript of that date announces that everything was going on quietly, and that all excitement had passed away. This result was perfectly natural. The inconvertible paper of the banks would now circulate at a value in proportion to the discretion with which it might be issued, and supposing it to be kept within close limits, there is no reason that it should fall much, if at all, below par. No doubt was entertained that the Legislation of New York would sanction the .novernent, and the period of resumption is contemplated to bo the sth of April. In the interval about £3.0)1,000 or A'4,003,00) of gold may be expected from Califoreia, and speculative shipments of specie from this side must result only in loss. Tho great danger which has pressed upon our money marke t during the past two or three weeks is therefore lig'vened. It is also believed that in my failures that must have occurred here if the present event had not taken place will be averted, an I that news may arrive by future packets of the resumption of business by several of those among the New York firms whose fall was occasioned solely by the inability to sell pro lace, or ovea to negotiate undoubted bills. ; or wild conjecture, expression of feeling, an d cl , l L e o ri btr o d p o i o n r ion, indulged in. A notice was at once poso,. nrtp. doors. and was in substance to the effect that 10.1,14talacce tion been made to the Bank of England forassls ,„,, teat under the circumstances, and that such had baw 6 3 .4 as or the Bank of England was satisfied with the s° l 7 - 0 0 the eorcern, and that business would be restl ise :git, Friday. This, in some measure, allayel the ezeit,""g; so far as the crowd was concerned, but the feeling tbr°°;;(l town all day was of a painful nature. The clo remained no 00 about the bank up to a late hour, but thereAst utburst of feeling beyond the conversation ;11 naturally took place amongst the people. There / 0 good deal of speculative talk about the effect PO t°s„;) v eto . W oo ' produced nirnu on the Corn Market by this Wl' '. mstance," but., like most other affairs o f a o°l _o toh description, all was theory. Towards night there seePo would strong confidence in the assertion that the b o f unmeaning dagain resume on Friday. There area varle t : o ' 14 rumours afloat, in consequence of t il ar ise' but we give them no credence, as suc h are sure t° a -,,i-tilr veryott like i often without any foundation , when an esto m 3, t heß n o a r t o n u r g a h l B p r a n n s k s u i r s n. tary and very coo AMUSEMENTS, & C• ' Last night /pa THE AMPHITHEATRE.—ME. ROBSON. — Robson made his second appearance before s p ht audience in the Amphitheatre. The radon:oo3loe he appeared were " Daddy Hardacre " and t 1 1 , 1 .3 b „ i • eso 10 of " Medea." The first of these is one of We r e s eal, which Mr. Robson earned his peculiar fame a l c r l i i unlike any other en the stage, and filled with an °-g effec t, ti lt most remarkable, at a time when merely result of careful study, and imitation is the l ecaing `lV ture which characterises dramatic perfora te°. re co , mer it to itio ts little drama itself has not much of literary mend it. Its principal characteristic is that i t iog oel remarkable opportunities for the display of OseOr; 7. is powers. The chief character, that of the old doubtedly an exaggeration, although not slore e",:f such a character has been made by dranlat iet t 4 Of artistic ft the highest genius—not more extravagant than Sir G i ' - or 0 0 1 r reach or Moliere'a Har i oagon. But, extravaglll th e Fs° probably no one Rho tees Mr. Robson PlBlstar will at the time believe it unnatural. A 133°- stsr P ling, and, at the same time, snn2 ll - 1 ,1 11 Ot t performance cannot be seen upon the stags. " t astot actor we know of can combine such apparently the 11101,C effects. Mr. Robson can chew in a momen t pi 0 111 : scale of human passion, grief, and despair, in e o gefir which thrills every listener, and at the same tint f P u ie j il i the simplicity of very nature, joined to a P' e ., e ji trastiog sense of the ludicrous. One can Bei-00°1 to Ist o pa which emotion, the comic or the terrifying , is lead in his sensations, when he looks on so sing o o o ol marvellous a combination. The whole effect is °L e , a o i , which no one who sees Mr. Robson for the first IoP have seen before Criticism has already on this remarkable performance so often , that rin eOO4 co aiSt little of it. Indeed some of the passag es in tile c° ,, lj a s 10° portion of the drama, where the m i ser finds out ":tiditall l . and hears his daughter's confession, almost Of Ito ° bsen or description . We need hardly add , that 3 0. o geo success was complete, and the applause t . : - $ 3 10° 5 overwhelming. In the burlesque of "Medea," wail/ was so singularly like the great actress he paro die % eel his most extravagant comicaliti es, that the parfa rl 44a • 0 r frequently anything but a laughing matter. ii l l T h g' treg t .i most of his other performances, the comic an d - 1 , 0 8 fort are divided by quite a slight distinction, as th e p aa - tie° sublime and ridiculous. Mr. Robson was entlin6-roact. called sv before the curtain at the close of each Ir a t.aser th _ s We must not omit to add, that in "Daddy ppoll Mr. Villiers, Mr. Neville, and Miss galasll fa n- .1 . 91- w Mr. R ,bson. In " Medea," Mrs. Powe an "' fill s ir t Jason, Mr. Holston a good Crean, and Miss Ol ivet , d - adf c. Orpheus. The performances concluded with the a' .- n igo a red• fio . 31 '.Uncle John," in which Mr. Biker kV r. Robson appears in " Daddy Hardacre other entertainments. _ Ms. ALLAN IRV IN G . P .. ' dr)" ---• , We are decidedly becoming a musical na'-' o '" n pre ), thing passing around proves this. Dur in g the oie,l- P I tlf week in Liverpool we have had two operatic e r lce i er a al' ,1171 one exclusively native, the other partly natty- co if, 0 r foreign, and although the amount of support e Oc t t ee bss each has been worthy of their high merits, ". s ue r, ot significant of the hold which music, as 3 Sel ural eSl A DlC taken of the miscellaneous public. This ene" n ; esP of music will naturally bring out native sill to 1.1 0 of doing it ample justice. e or 3. 6 0 We were the amongst the first of our CO te ol, eo tle - . 5 recognise the fine professional talents of th e ?Pe 13 , 3 ;c 1 whose name heads this article. Ile posses s - t oss , ; 5 t voice, which combines both power and s wee tte hig h- t be the London papers of Friday, thus speak le the oe - terms of his appearance at St. Martin's 114. - ,1( evening. of Wednesday last : hi e:": ', s •,heti h i ti" Morning Herald.—Allan Irving distiagele , s ps 0' 34 above all the artists, and betoken - el no mea n he, age for sacred music. In the solo with c horas i s or re l exceedingly impressive, and won the univers3io s, c itli of the audience. A good bass, more especi 2 , ll ri a LI. ; 0 ` song, is a desideratum now-a-days, and ''',.." 3 1)0 11 " would not throw away his time in making this rt. 5P i the art his chief study. , the bi' i A° Daily News—Allan Irving who sustained ''" one" tie a w ell - A t 00 91 1 ,0 is a sin g er of greet merit. ' He has powerful vole:, and is remarkaable for clear e t3 ; t aliti elocution—a great and by no means corne 3°l3 " r /0 1 vocal performer. 0' Morning Advertiser.—Allan Irving in th e 1599 PO hig " tili' repeatedly applauded. toe Morning Chronicle —We cannot praise I§ - Oldershaw and Allan Irvine the h l ie . Illustrated Landon News.—Mr. Allan Irving , „ fo e. 53 0. a performer of great merit and rising rep, he po sSe e ill voice is strong, and at th e same t i me s weet t , il igene . je t delicacy as well as force,- and shows his 111 ` e }fe el :o o 2, l the clearness and emphasis of hie utterer:tee; 0 01,, tP; remarkable impression in the pathetic athiog utter have mercy upon me." the most beautiful ~, ea rn oratorio, which we have scarcely ever ' - ` e- til e ' sung. tif ~„n of . to 0 A. singer whose attainments are thus s 13 . 1""," e % ol ` o f first critics in the metropolis, must necessaraio is P io sensation in the provinces, and we hope t he , il t ha fe h 15 distant when the people of this locality rr ' . ,,, n 1/ ".:0. gentie' ro feos l opportunity of seeing and hearing a evidently destined to fill a high position in hist) In g" Atr ertitt3 —Liverpool Chronicle. [lt will be seen, on er ne to our rreoP;t„ columns, that Mr. Allan Irv r ing 'r w e illeaPPear ev enl4 netlis Concerts, S. George's Rail, on saturdayogder when he will sine Hutton's - beautiful ballad, Greenwood Tree."] , ho 4*. TIBIvERSITY INTELLIGENCE — M r. J o h n „ . ' e ito, ;,., 5. la•ely obtained the Canning Scholarship a'. h' ho lersb' r stitntion School, was elected to a Rusts& '4l l just' pie Jesus C liege, Cambridge, en Saturday, the - ;.,i ye t( r iit ief CORONER'S INQuesT.—An inquest was 1 1 ,`: ro t , u ,rbe on the body :if Martha Wilkes, who cut the circerns!ances sta'ed in our paper of ye ste g i be j f . evidence was the same as already bli•he°l ari pu - Vo l ' folni a verdict of " Tetnporary insanity." , 4 ,09 1 ' t i dig LEWIS AND COMPANY'S NEW DTABLISIII"vieek e- v ellrr Cr.ornnio —Number of boys clothed for iek. isst.4o, Sa , ur lay, October 24th, 475 ; corresponding ' l '. went es tabl's 0 0 ' 280, which was the first week this P p her "' T ao. :of epenel ; incre ise 195 boys. „ n u a a cor MUTINIES IN iNDIA --DREADFUL 111135'7,,11 Orl i 3 t 9 AND CHILDREN BY NANA 5A11113.--A fe ll-!e „ 11 : 0 , At-lifer rect Likeness of the above Monster Allsop's Royal Wax-work Exhibition, pool, toe,ether with upwards of 1000 WO fiiiireoci. 1 1 A . ice ,. views, &c. &c., attended by a good qurdrille ha l ii .- P r sien 61 each. Children under tea 5 ear sof g''' alo e ' `" a Open from !en am. to ten p.m. , „ d the a s h lb: R am; of THE Doces.--Ne two3lloo b , 01 p ing of the Overseers of the parish, to-l e _ t os c hips r asi ()veneers of such of the neighbiuring.o" 0 5 ye o e tia interestei in the question of Dock -rating, The eleofloi; hell at the Perish Offices, Brownl ,v, Hill* ere 11- oi° at if o ho , was numerously attended, and thole prei ,, „ si res cool mou:iy of opinion that it is desirable that nl-u , , to e i - 0 l!ianie"strseest,taPtaaliarils: be taken in the ensuing Session 0 e g rde the rating of the Docks and Dock property ~,b4j cry The ()Pull. irk o f of the R ver Mersey, ' to kcal ra es. 8 o rose and Overseers of the pari , h, and the Oversef,,re p a,, a( . head were appointed a sub.cemnaittee fo r t`,„ 3 l su b ' conference upon the huhject with t h e Ailln Wr of Parli:o36 0 . t h E d os ties ani the Birkenhead Cuministioners. smITYISONIAN HOTEL . ao•ovrAT, COrner of HOUSTON-STIRET, NSW Yo ss. Named in honour of the SMITHSONIAN Irismorton, Established at WASH woroN, by the U. S. CONGRESS, With Funds bequeathed by JAMES SMITHSON, of ENGLAND. Us-ing the Friendship of the 0 ?RICERS of the NATIONAL Is conducted on the System of Hotels in ENGLAND. CHAS. H. SMITH. ...,aIUSEatEN TS, PUBLIC; MEE ruiti6, TBIS DAY. TNIATEE ROYAL —PrOSSOY Anderson-7 p.m. Earar, A strIIITHEATEE—Mr. Itobson-7 lis]aoLen's Ctimus VaaleTs, Da le-street-7.p.m. YAXIIMAsON'tI HALL, Lime-street-7 p.m. Lsrairoor. ACADEMY'S EXHIBITION, Postoffice-place. ALI4Op'S WAXWORK EXM NNTION —lO a.m. to 10 .in. COLOssECTSl—General Entertainment-6.30 p.mi tOr For particulars see advertisements. St PETER'S WARD ELECTION. In our impression of yesterday, in allusion to St. Peter's Ward Election, by the miscon,truction of a sentence we did Mr. Banner an injustice, for which we take •the earliest opportunity of making the arneade. In referring to the Maio anti Female O;•phan Asylum the paragraph read They tell ns that Mr. Banner has given us our Asylum for Male and Farnale Orphans. and that "he has erected a church for that asylum." This reads very like a libel on the very long lists of subscribers who p aid down their money for those good and holy purpo?es ; and on these lists the names of a large numher of the Liberal Electors of St. Peter's and other Wards will be found recorded. True, Mr. Banner headed the lists in question, and he also took an active part, iu getting the church built; but when all was finished, Mr. Banner gave the church with HA annual stiponi to his own son. • Zit will be seen that the asylum aul the church were accidentally coupled tog3ther, and hence the casual reader might suppose that the subscribers w4l paid money for the erection of the asylum were also contributors to the church. Tili3 was not so, the church lassie.: b?en built solely with Mr. Banner's funds. We had written thus far when we received the following note from Mr. II tralood W. Banner : Dear Sir,—l see that you say in an article in your paper of to-day, referring particularly to my father and the approachiaz contes t in St. ?titer's Ward— i‘ They," that is, as I read it, the supp3rters of 'my father,) " Cell us that M. Banner has given us our asylu - n for male an 1 female orphans, and that he has erected a church for that asylum. This reads very like a libel on the very long lists of subscribers who paid d3w❑ their money for those good and holy .purposes ; and on these lists the names of a large number of the Liberal Electors of St. Peter's awl other Wards will be found recorded." I hive not seen my father this morning, and have no idea whether or not he has seen the article in qnestion ; but I can state to you. from my own knowledge, that the church to which you refer was built entirely at his own cost, not one penny having been contributed by any other person. This having been the case, I presume that ho vas at perfect liberty to present it to whom he pleased, and little fault can be found if that presentation was made to his son. I quite believe that, even in an election contest, you would not knowingly state anything that was untrue or likely to mislead, and I feel that I may rely upon yottr love of fairness to insert this letter from, yours very truly, lIARMOOD W. BANNER. North JThn.street, Oct. 27, 1857. To Chat les Willmar, Esc' Northern Daily Times. There is only one remark in the 10ove letter to which we need refer. Mr. B timer had no doubt a perfect right, and . we readily admit it was a very n aural act, to appoint his own son minister to the church he bad built, but then his friends have no right to make political capital out of the transaction, or to claim any credit for peculiar philanthropy., In conclusion we may state that the article to which we refer was not written by Mr. Chas. Willmer. as represented in an advertise rent published in another column, and which has been extensively placarded through the Ward; and the attempt to make it a p'rsonal matter is, therefore, not justifiable by the circumstances. 01,031NG OF THE BOROUGH B&NH. GIIEAT EXCITEKENT.—Tae news of the embarrassment of this bank, which we published in our third edition of yesterday, causal, as may well be imagined, a panic of no small amount. The bank at that timo was, however, open, and kept on paying until about half past eleven o'clock. Of course, there was a " run" all the morning, from the time of opening, for somehow the unfortunate affair was early known—indeed we met one gentleman who was aware of it the previous evening, although the telegraph from London had not informed him. At the hour stated the doors of tho bank were closed, and this caused a terrific amount of consternation. A large crowd very BAQ4 ime4bica about the bank, and every sort of TEL 114 . 4 ,, th. —ural tube r s ' keral elei Tti t 413 Th e p 14 6 _ ens; the uctic„,, batiish 4 The tr hre Y at csf. kb4% -era Se .RI 111 PQ/ I:the: )17n of tile 1 11 arl '4 m4o nti 44cler, 185 5 18571856 It ) , 0 ki 4ttegate 185 5 18 56 1857