Northern Times. — Liverpool, Merseyside, England, 1859-05-07 00:00:00

I ) ltittl)Pril Eiiilts, SATURDAY; MAY 7, 185-9 THE DAY'S NEWS The News from the Continent, received since yes- terday, has been both meagre and unimportant. A telegram, published in the Jfoniteur, of yesterday, states that the Austrians who has crossed the Po in small numbers, at Cambio, and pushed their van guard as far as Sala, have crossed the river. The Austrian divisions posted on the right bank, still threaten to attempt the passage of the Po at Frassi natto, but the river, which is much swoollen by the rains, at present offers a difficult obstacle to their The rain continues _ to fall, and the low grounds are covered with water'. The Vienna cor- crossing hut of the Times, states that an Austrian gommtrriat (Satts. NEXT WEEK MONDAY On Moxy.ty next, the 9th instant, at Twelve o'clock, at Brown, Hunter, and Co.'s °Mee, 2, Dale-street, 652 Bags Bengal RICE, BROWNE, HUNTER., and Co., Brokers Apply to On MoNDAT next, the 9th instant, at. Twelve o'clock, at Browne, Hunter, and Co.'s Office, 2, Dale-stregt, 310 Boxes Pearl SAGO, 24 Hkds. Quereitron BARK, MO Ba' 8 , 41) FLOUR, all faults. BROWNE, HUNTER, and Co., Brokers On MONDAY next, the 9th instant, at Twelve o'clock, at the Commercial Saleroom, Temple-court, 18 Cases Naples ORANGES, 121 Cases Naples LEMONS, ex Rhone (ss), 82 Boxes Port ORANGES, ex Miuho (se), 432 Cases Messina LEMONS, ex Expr,,ss, 200 Bags Turkey NUTS, 150 Bags Para NUTS, 200 Bags Barcelona Nuts. GEO. BADENACIT and SON, Brokers Apply to TUE SDAY, OD TUESDAY next, the 10th instant, at Twelve:o'clock, at Browne, Minter, and Co.'s Qffice, 2, Dale-street, 2,000 Bags -ILAYESEED, - 1.; ST IRD SEED, Apply to RO WN 1, and Co., Brokers On TUESDAY next, ant, 'at Twelve o'clock, at Browne,• Hunter, and Co's office, 2, Dale-street, 200 Bides JU rt Apply tb BRON E , HUNTER; and Co., Brokers On TT:II3D 4.1 t the 10th instant, at Twelve o'clock, at Co.'s Office, 16, Exchange buildings, 11,1LNIP. J. 11. RAYNER and Co., Brokers, Apply to On Tpusui..T up J. If. R Ye 50 tha: Apply t 3 il3e k . ),Oth iustant, at Twelve o'clock, a t co: 's Qflice,. l q,:Exchange-buildings, ie.* Dutch Sowing FLAXSEED. H. 'RAYNER ttml Co., Brokers T H RSDAY On TUURSD&Y, tb/C 12th instant, antl folloving Days,at Four, Public Saleroom, Exchange-buildings, 4.000 Bales East India !• • WOOL. &re. 200 13:11k Unwashed Chili, 209 Bales Waihed Peruvian, T. and II: LlTtLidfALE . and Co., B: and following days, Broker's saleroom, Colonial-buildings,,36, 1,10;) Bales East India and other low WOOLS. Atso, on FRIDAY, the 13th instant, 300 Sheets English Skin and Fierce WOOLS. MALCOLM GIIEAME, Wool_Broker AFTER NEXT WEEK, Apply to Apply to On SATURDAY, the 14th instant, at .the Brokers' Salerooixt, Atherton-buildings, Dale-street, Liverpool, 2,000 Bales East India WOOL. - _ For Catalogues, &e., apply to HUGHES and RONALD, Wool Brokers Postponed from Thursday s the sth May. On THURSDAY, the 19th May, and following - days,: at Browne, Hunter, and Co.'s Otll,eo, 2, Dale-street, 1,800 Bales East India WOOL. .. SO - - fr - Satyr" BROWS, gyptian HuNrEa 7 and Co., Broker Apply to 20th instant, at the Brokers' Saleroom, -buildings, Dale-street, Liverpool, 600 Bales East India 300 „ 'Dontkoi 11 EtIDAY, th Atherto: tied 300 „ Oporto washed aria 300 „ Buenos Ayres low and fine WOOL 100 „ Brock washed Odessa and Lisbon 70 „ Volo and Vidino 350 „ Chili and sundries 2020 Bales.—For Catalogues, &e., apply to lIIMIIES and RONALD, Wool Brokers NEXT MONTH On TPURSDAY, the 9th of June, at One o'clock, at Christopher Bushell, and Co.'s Office, Royal Insuranse-buildings, 30 Hhds. of superior PORT WINES, brands and vintages, _ es of'Spanish RED WINES, together with smaller parcels of SHERRY, CHAMPAGNE, CLARET, BRANDY, and other Wines and Spirits, in Wood and Bottle.—Por further particulars apply to CHRISTOPHER BUSHELL, and Co., Brokers. About 50 Pipes a: of various On (Salt. JAMES BANKS, CASTLE-BUILDINGS, . DERBY-SQUARE, LIVERPOOL. FENCING WIRE, Black, Bright, and Galvanised; TELEGRAPH WIRE and SIGNAL CORD, Wholesale and for Exportation. AMERICAN SOLACE PIPE SMOKERS, TRY TEE ABOTE, Packages, 2 oas. for 81. C. T111t11,,11.1 TTISTORY OF THE WORKING CLASS ES, Every Saturday, in the Nowrnisas DAILY TIMES, Price dke-Penny. TO CORRESPONDENTS, Under no circumstances can we insert communications not accompanied by' he author's real name and address, not neces sarily for - publication, but as a guarantee of good faith. AMUSEMENTS, MEETINGS, &c.—THIS DAY. ROYAL AMPHITHEATRE —Dramatic Performances, &c. ORGAN PERFORMANCE—St. George's Hall, 3 p.m. Ma. EDWARD THOMAS'S BENEFIT CONCERT —Philharmonic Hall. TRANSPARENT MAGIC--Clayton Hall, Morning and Evening. LIVERPOOL EXIIIIHTION ROOMS (Post-office Place).—Adam and Eve. THY. PARISIAN GALLERY OF ANATOMY, Paradise-street. TECTONIC HALL (Lime-street)—Vocalists, Dancers, Acrobats, &c. For particulars see advertisements on Bth page. Apply to responc corps of observation is to be posted near Cracow, to watch the Russians who are gathering on the Aus- trian frontiers. French subjects in Austria aro placed under the protection of the Spanish minister. Money is so scarce at Vienna, that the discount on first-rate paper has risen to 10, and even 12 per cent• A despatch from Berne mentions that the Federal Assembly has approved of the declaration of neutra lity, and of the measures of defence taken by the Federal Council, and has appointed General Dufur Commander-in-Chief of the army in Switzerland. The Paris correspondent of the Times, writing on Thursday evening, says--" The inaction of the Austrians had appeared puzzling, but that it has since become known that, in consequence of artificial inundations, greatly aided by heavy falls of rain, they had been obliged, in some places, to recross the Po. The movements of troops in Paris seem to have subsided. The resignation of Marshall Valliant, a s minister of war, is spoken of, in consequence of the incompleteness of the arrangements in his depart ment. It is . probable that Count Walewski, the Minister for Foreign Affairs, will accompany the Emperor, and countersign the Imperial decrees. The French Government are at present engaged in endeavouring to secure the neutrality of Prussia, and have promised on their side not to form an army of observation on the Rhine, and that the war shall be circumscribed to Italy." In a large portion of our impression of yesterday, we published later news from India, announcing the captuTe — or Tantia Topee, which took place on the Bth of April. The place was captured by ,COlonel Meade's detachment with the assistance pt` Maun Singh, whose surrender to Major Reed had previously taken place. On the 2nd April, the columns under Colonels Salis and Rich, in combined movement, overtook, rebels in the Seronge jungles, and killed 500. Tantia Topee was present. British loss - trifling-. A subsequent telegram was received which an nounces that, Lord Clyde, when last heard of, was at Delhi, on his way to Simla. Lord Elgin has arrived at Snez en route for England. The Paris telegram of last night announces the death of Dr. Dionysius Lardner, in that city, yes terday. ,; Yesterday, Captain Brown, R.N., Registrar-Gene ral of •Seamen from London, visited Liverpool, ac companied by Mr. Tribe, a gentleman from his office, for the purpose of taking steps to - promote the man ning of the Royal Navy in this port. Captain Brown had interviews with the representatives of the leading mercantile associations, and with the principalship' owners in town, and everywhere received the heart iest promises of support and co-operation in his object. It vas suggested to Captain Brown that a meeting of seamen should 'be held in. Liver pool, 'of a similar pharacter to some of the domon strations which have taken place in London; and 'this step will probably be taken withiii a short -period. Captain Brown leaves for Glasgow to day, but will return to Liverpool if necessary. It will be seen by an advertisement in our columns to-day, that the government hold out strong inducements to encourage and stimulate the enrol ment of seamen, and landsmen, in the royal navy. The Bank Returns of last night show a decrease in Bullion of £434,862, and of £706,295• in the re_ serve of notes. There is an increase of £811,425 in active circulation. THE TRUE POSITION OF. ENGLAND TIIE true position of England, at the present alarming conjuncture, as Lord DERBY well expressed it at the Royal Academy the other- evening, is that of au impartial, a dignified, and a neutral atti tude." But it will be utterly impossible ; to maintain this position, we humbly eonceive, if our situation, even as a neutral Power, is to be systematically misrepresented. As the Premier further observed, —" The state of war in which Europe is abOut to enter will no doubt entail on this country much of anxiety, much of apprehension, much of expendi ture. But God forbid that it should entail on us that most fearful of all expenditures, that of British blood and British lives. In endeavouring to mitigate the calamities of war, ant piomote the cause of peace, we shall have the assent of all men of all political opinions whose opinion is worth having in this country ; and one of the great sources of influence which England possesses in the world is this, that whatever our differences of opinion may be at home, when the honour_ nd the interest of the country are concerned all private feuds and animosities are forgotten, and all men in and out of office are equally ready to lend their aid for the promotion of the- public service and the public good." Now, it unfortunately happens, that there are many exceptions to this state of things, so charitably supposed by Lord DERBT. There have been many exceptions to it at the hustings, during the last week or ten days, where the opponents of the Government have indulged in most unjustifiable misrepresentations and suspicions respecting our foreign relations. There is no doubt that we have. inveterate enemies abroad, eagerly watching the opportunity to take advantage of any vulnerable point, whether real or suppositious, to do us an injury ; to embroil us, if they could, with the belligerents, on one side or the other ; or to thwart our influence, or impair our strength . A portion of the Press, we are sorry to observe, is taking that most disreptitable and mischievous course. The Saturday Review, for instance, gener ally so respectable in its conduct, has been grossly misrepresenting the state of the British Navy. Replying to the First Lord of the Admiralty's recent assurance, that "in the event of war we should have squadrons, both in the Mediterranean and the Channel, powerful enough to uphold the dignity and protect the interests of England," it most unwarrantably asserts, as a fact, that "we have no Channel fleet at all ; and the only ships available to supply the void are about a dozen vessels forming the steam reserve, comprising several of the inferior eighty-gun screws, which it will, on the present system, take many months to man." And then, assuming to know all about the strength of our Navy, it unhesitatingly declares, that " the present force, if every liner were put into commission, would be represented by 33 sail." But see what the First Lord of the Admiralty says to his constituents at Droitwich. " When I took office last year there were either 25 or 26 effective screw line-of-battle ships. That was the lowest point to which the Navy of England had been reduced for a very long period. Well, several were prepared to be launched last year ; and you are all aware of the steps which the Government have taken since that time. I need only state I expect that by the end of the present financial year the number of effective line-of-battle ships will be, if not quite, very nearly double what I found it when I came into office. We have devoted the same pains to other classes of our vessels of war. And if there be one feeling on the part of the Government stronger than another —if there" be one subject to which they attach more interest than another, it is that the Navy of England should never be allowed to fall into anything like weakness, but that that great arm of our strength should be maintained in the highest possible state of efficiency." So that instead of 33 sail of line of battle ships, we have, or are on the point of having, upwards of 50 ; while, instead of having " no Channel fleet at all," the Head of the Admiralty, on the same occasion, declared,— " we have already reinforced our squadron in the Mediterranean ; we have already reinforced our squadron in the Channel ; but we shall take further steps, and we shall not hesitate to adopt any measures which we may think necessary to put the fleets of England in a position which shall ensure our safety." Now, the question is, who knows the real state of the case best—the First Lord of the Admiralty, or the Saturday Review? There cannot be a shadow of a doubt, in fact, that the state of the THE NORTHERN TIMES, SATURDAY, MAY 7, 1669 Navy, as we have said,- has been grossly misrepre sented by our over-eager contemporary; and to do so, at such a crisis a., the present, we repeat, is most • • mischievous. An instance of misrepresentation of another, and,. for the moment, still more practically mischievous kind, was pointed out by. Sir JOHN PAKINGTON on the occasion referred to,—that .of the : alarming state ments of the Times as to the alleged alliance of Russia and France against England. " St;eaking in' the interests of truth," he remarked,—" speaking in the interests of this and other great countries, I can not refrain from expressing my sense of the great responsibility which rests at such a moment on those who can conduct the public press in this country. There has been a state of things in the City of London for, the last few days such as is hardly to be remembered of any former period. There has been a state of ruin—the failure of persons to such a number as I am almost-afraid to mention— agitation in the public funds, and a great depression of property. Now, I have no hesitation in saying that to a most serious extent these calamities have been caused irrespectively of the real state of affairs on the Continent, which_ undoubtedly is alarming. enough. I have, no hesitation in saying that this panic has arisen in a. very ;peat - degree from the - want of due caution on the part of some portions of the public press in pUblishing prematurely, and in an exaggerated form, intelligence likely to create the 'greatest alarm, and for' which, unauestfonably; they could not have had authority sufficient to justify palidation." This, while certainly 'it bears very striking testimony to the power of the public press in this country, does as certainly convey a severe rebuke to the Times, which has so ob .vsiattsly been one great :cause of the panic in the City, and of the ruin that has ensued. Well does the Daily News observe,—" We fear it will be poor consolation to the merchants who haVe been broken, and . the families' who have been beggared, by the panic which has raged since Wednesday-morning-to learn' that they have been the victims of a stupendous imposture, and that after all there was no reason why they should.- be ruined. If terrifying .mis , statements are to supply the place of reason in the formation of public opinion, and men's estates are to be knocked down by the thousand, merely . to prove that one despot is cleaner handed than another, we can only strenuously protest against such a mode of political eontroversy." Put all mis-statements are vicious—they are disreputable. To : make them, for a party or any other purpose, is assuredly not " a mode of political controversy " that can either be beneficial or . honourable. It cannot be so at any time ; but' least of all can it be so,. When such fearful' issues are hanging in the balance, and when mighty interests, may be imperilled by the slightest mis- apprehension. The true , position of England is at present a fortunate one. We are at peace with all the Powers of Europe, and there is no reason whatever, so far, why we should not remain at peace. We have a Government whose anxious endeavour it appears to be to " seek peace and ensure it," but who are yet properly jealous of the honour of their country. They assure us that the naval and military resources of the country are such as to enable us to act most effectually on the defensive. They have reiterated their determination, that, in the present crisis of foreign affairs, amidst the clash of arms in Continental Europe, England- shall maintain "an impartial, a dignified, and a neutral attitude ;" and they have given uS their assurance, that she is in a position to do so. Happy will it be for us if this can be realised. But of this we may rest assured, that all their efforts to preserve that attitude, and to apply the means which the country possesses to its real advantage, will not be available for the purpose, if such a system of exaggeration and misrepresentation is to be pursued as that which we have here alluded to. THE THREATENING ATTITUDE OF FRANCE, IT is important, if we would thoroughly under stand the character and object of the war that has unhappily broken out on the confines of Italy, and which threatens to be so sanguinary, to know exactly what is the attitude which France has assumed. Certainly, it is l'Elnpire c'est la paix no more The case is completely reversed. The Empire is not only not peace, but it has become war. Such is, in one word, its real attitude. But then there is a good deal involved in this, which it is necessary should be explained. It is not war in self-defence; it is not war for any principle that legitimately affects itself, or its internal interests, in anywise. It is war without necessity,—uncalled for, and therefore un justifiable war. It is directed against a Power which has not molested France herself in any way what ever. The French Emperor has no national excuse for it : it is not for his people's interest, or their advantage in the slightest degree,—on the contrary, they will be likely to feel its scourge for years to come, in oppressive taxations, and in other evil influences. Tho Imperial Manifesto of Louis NAPOLEON, of course, gives quite a different com plexion to it, and does so in a most plausible manner. But this is very interested testimony to its necessity and its justice. LA us first examine the question in the light in which it is there put. "Hitherto," says the French Emperor, "moderation has been the rule of my conduct, but now energy becomes my first duty. France must now to arms, and resolutely tell Europe—' I wish not for conquest, but I am determined firmly to maintain my national and traditional policy. I observe treaties on con ! dition that they arc not violated against me. I respect the territories and the rights of neutral Powers, but I boldly avow my- sympathies with a people whose history is mingled with our own, and who now groans under foreign oppression.' " Now we might demur to the very first position here so boastfully taken up. " Moderation " has not been the rule of his conduct. It was conduct the very reverse of " moderation," to " wade through slaughter to a throne"—in the first place. And there has been but little " moderation " in his exercise of arbitrary power,—and there would have been less still, had it been expedient there should. Neither is it true that " energy "—which, being in terpreted, means war now becomes his " first duty." It is rather, under the circumstances, his first duty to avoid it. His disclaimer of any wish for conquest cannot be believed ; and his being 0 determined firmly to main fain his natural and traditional policy "—as a Buonaparte is itself a contradiction of such a disclaimer. The French annals of the first twelve or fifteen years of the present century, to go no further, abound with evidence to the fact, that conquest was essentially a policy" national and traditiOnal," with his dynasty. Neither does he observe treaties on condition that they are not violated against him "—or, " respect the territories and the rights of neutral Powers.", He is now doing the very reverse of this. He is violating the treaties of 1815 regarding the settlement of Italy, which- have in nowise been " violated against hilt.". And as to his respecting " the territories and the rights of neutral Powers," is he not, by marching his troops through Sardinia to the Austrian frontiers, showing no respect whatever for such territories and rights ? Iris sympathies may be avowed to be With the Italians, because he waits to replace Austria in theirprotecturate. And if they " groan under the oppression" of Austria, do not the. French " groan under the oppression " which he, with; his system; of absolutism, so grievously inflicts upon them ? He .may be right, in one sense,. when, lie introduces the Italians to France, as " a people whose history is mingled with our own." Brit how mingled ? What has France historically to do with Italy, apart from; conquest, and from " foreign oppression ?" Agiin, "Louis NASPOLEON, in the same mendacious spirit deClares of FO,nce---meaningk on this occasion himself—that " when she draws the sword, it is not to govern, but to free." But when was this ever the case with his dynasty ? When did it ever " free," and not " govern," any people that it got in its power ? We defy the productiOn of a' single instance of the kind. And then he follows up this gross fallacy by another, grosser still. "We do not enter Italy," he says, "to ferment disordeiT Why, their very approach to it has plunged it into most fearful disorder ! The whole Lombardo-Venetian territory is in a state of insurrection, produced by the joint incitements of France and Sardinia. But let us see what is considered to be the present attitude of 'France by' one Louis NAPO- LEON'S Carps Legistaff, as expressed in that Assembly within the last few days_ 1 M. PLICIION, a member described as being essentially a friend of order, said that, " supposing all the difficulties of war surmounted and victory achieved, he would be anxious to know - to what use France - would turn' the triumph of her soldiers ? He would ask how Italy could be reconstructed so as to satisfy the Italians? opinion the protectorate of France would not be more popular than the protectorate of :Austria."; And then he went on to show, that "at various Yeriods France had 43een, the predominant power in Italy, and had had no reason to congratulate herself upon her supremacy- south of the Alps.. Towards the end of the last century the French were received. in Italy as liberators; in 1815 they were expelled as tyrants. In 1815 it was the Austrians who were hailed by the Italians as their deliverers, those same Austrians that are held up as their tyrants at the present day." Such are the people of whom the French Emperor declares, their " history is mingled with our own." And such, too, we may conclude, is the "national and traditional policy," which he is now "determined firmly to -maintain." The French, under the former NAPOLEON, were " expelled as tyrants." And what reason can there possibly be to suppose, that under the present NAPOLEON they would not have to be so expelled again, should they now succeed in getting a footing there ; notwith standing the " sympathies " which ; he so " boldly avows." The attitude of France, then, in the present con juncture, is a most threatening one for the interests of Europe. It is a false position—it is a bad eminence —in which her autocrat is placing her. He is dragging her into a war under false pretences, and for a sinister object. Not that we mean to imply that England is to resent it. Such a course would be a piece of most gratuitous and most mischievous interference on our part. We have nothing to do with it, and must abstain from meddling. But, at the same time, We must be prepared to defend our own neutral position ; and it will enable us all the better to do so, to keep a strict eye upon one so subtle,ank so scheming as Louis NAPOLEON. THE rulers of Europe appear to be ignorant of the change which the last half century has wrought in their material and political condition. They are no longer the arbitrators of human destinies. Man's wants have raised up a despot at whose nod empires tremble. The four great elements of life alone have escaped his dominion, and dare refuse a slavish obedience to his will. May we venture to breathe the name of this temporal monarch of monarchs with that of a NAPOLEON or a modern Mars ? Dare we tell a Czar, an Emperor, a King, or a Pope that the god Mammon is his master, and that, as he directs the current of circumstances, so must man rise or fall ? We shall not attempt to raise this deity above the place assigned to Mars, and the other gods of the heathen writers of the remotest antiquity. Were we to invest him with more than worldly attributes, his daily works would give the lie to our sophistry, and leave the power by which he rules, open to serious cavil. But there stands a veritable, tangible part and parcel of creation, with Threadneedle street for his citadel, Capel-court and the world's length and breadth for his dominions. He works by no mystic arts, and needs no fabulous reputation. His instruments are the lever, the piston, the spindle, and occasionally the hydraulic ram. With these appliances, he has laboured to raise mankind to greatness and power—not to oppress, plunder, and trample upon them. Gold was given to us for a token of the pure love which man should have for his Creator and his neighbour ; .and although it has almost ceased to be a symbol of religion, wherever Christianity has assumed a practical cha racter, there we find it exercising its humanising and Christianising influences. And has it fallen to the lot of France —of all the enlightened nations on earth—to produce a man so besotted by ignorance and sin, as to suppoie that this symbol of pure love and concord can be torn with impunity from the altars of religion, and from the shrines of honest industry, by his feeble and dwarfish hand ? So palpable a robbery of the means by which human honesty, labour, and virtue live, will not be tolerated even under the varied and fanciful mask of war. BUONAPARTE must exist in this age as other men do, or he will wither and die under the freezing scorn of the world. Do the fool-hardy adventurers of the Continent doubt this ? If so, let Mammon apply the screw. Advance the Bank rate of discount one per cent. forthwith. If that will not do, give it another, and another, turn. Five per cent. discount will produce a panic in England, and famine in France. Should a further advance to six per cent, be necessary to convince Continental despots that they are merely creatures of eireumstancea, let them "have it by all means: Enrope will then see what these unprincipled disturbers of peace are, and that when they cannot borrow money, never to be repaid, they do not hesitate to rob and plunder. The Austrians have commenced to levy contribu tion on the unfortunate Italians, and if France sends an equally large army into that unhappy country, without the means of paying and feeding them, her troops must of necessity levy contributions on its inhabitants. This is what_Continental diplomates call " war in the interest of Europe." Less enlighened but more honest men, would denounce it as open robbery. If the liberty of Europe lay beneath half-a-century's accumulation of political and, moral torpitude, the Italians might have no cause to grumble at the heavy price they are re quired to pay for their freedom. But what is thereunder FRANC re JOSEPH'S toga that nature has omitted to plant in the bosun of NAPoLEoNI If France- were free, in any sense of the word, we, might expect to see Italy equally bhassed. We must wait, however, for . the French to shake off their own _chains before we can expect to hear of any portion of the Papal dominions being delivered front the presence of a foreign oppressor. If,-then, England is convince& that the pretext for, the present War is a mere sham r and that only a wanton aid das tardly - outburst of disappointed, impoverisheitl, and bankrupt despotism,. we have only to- show these disturbers of the world's peace that IN.IA2nioN is their master, that money shall not be had in England, and.that we•. have a moraLpower in our hands by which we can starve armies, and prevent the useless shedding of blood. We once thought that NAPOLEON was a good theoretical a-nd practical financier, but the pre sent condition of .his country, and the manner in which 'he has engaged ,in _ a foreign war,- prove that he is neither one- nor the the other. He may possibly. know how to " stand in" with Bulls and Bears but he knows nothing of the great principles of finance, which .govern hu man action, and it is to be, hoped that we . sllll not allow the present opportunity to pass without teach ing the belligerents on the- banks of the Ticino a 'salutary lesson. A monetary panic may unseat the ,Derby Government, and present to all eyes the lainentable spectacle of two great penniless, armies, standing face to- face, without the -power -of -striking a blow, except- against the wretched people whom they profess to defend. But come, a - money-panic must, if war is to be continued, and the sooner the better it will be for 'all parties. Indeed,, it would be highly criminal, on the. part of the - Bank 'Direc 7 tors, to wait until a scarcity of bullioii compelled them • raise the rate of discount to sor 6 per cent. We commenced the present season of war with £18,000,000. Let this reserve be reduced to £14,000,000, and we shall be within one month of a third' suspension of the Bank Charter Act •of - 1844. . And we . _say, in a spirit of friendship, to our rulers and the people of England, "Beware ,of war prices and a scarcity of currency." The value of money will be corrected by the actual- condition of things ; but a sufficient supply of currency must be forthcoming in time of war. We are within a very few days of a universal cry of " cash for corn," and determinedly opposed, as we are, to any systemised interference with the natural course of trade, we say, here is a sad and exceptional state of thingS ; and if there be a particle of virtue in bullionism, it is the bounden due of its authors and advocates to give their country, and the world at large, the benefit of that paralysing power we have seen often directed against industry and commerce in time of profound peace. The Gazette notifies that Lord Ossulton has been summoned to the House of Peers by the• title of Baron Ossulton. The Assam Tea Company, yesterday, divided 10 per cent This year's crop is estimated at 846,000 lbs., and th a t o f last year realised in England £67,639, or is 8d per lb. General S. Codrington's appointment as. Governor of Gibraltar is gazetted. Major Frederick Miller, Royal Artillery, and Lieutenant Adair Butler, Bengal Fusiliers, have been decorated with the- Victoria Cross. The Daily News has received a telegram from Marseilles, which quotes as follows :—" A letter from Colonel Meade to Lord Elphinstone. Tantia Topee captured by this detach ment ; awaiting orders for his disposal." The Gazette publishes a notice, issued by the French Government, prohibiting the exportation, or re-exportation, from France of the usual contraband of war, including horses, shipping, steam machinery, and article 3 used for naval and military purposes. " The Prince Archbishop of Vienna has issued a pastoral letter, in which the crimes of Piedmont and the ambitious views of Napoleon 111. are attacked, and the opinion is expressed that war is not the greatest of evils, but is often a glorious work accomplished in the service of equity." AMERICAN MAILS.—The Cunard steamer Canada will sail for Boston, via Halifax, this day, with the United States mails. The box at the Post-office will close at 10 o'clock, and finally at 11 ; and the Receiving-box on the Landing stage will be open until 12 noon, on the payment of the usual late fee of Is. THE COURT. The Queen held a court on Thursday afternoon at Buckingham Palace. The Duke of Malakhoff, Ambassador from the Emperor of the French, had an audience of the Queen, and delivered his letters of recall. Baron de Beust, on a special mission from the King of Saxony, had an audience of the Queen. Their Excellencies were respectively introduced by the Earl of Malmesbury, her Majesty's principal Secretary of State for Foreign Affairs. The Earl of Malmesbury had an audience of her Majesty. The Queen was attended by Lord Byron, Lord in Waiting, and Colonel the Hon. A, Liddell, Groom in Waiting. The Queen, with the Princesses Alice and Louisa, at tended by Lady Macdonald, took a drive in an open carriage aad four in the afternoon. The Equerries in Waiting attended on horseback. The Prince Consort rode on horseback yesterday morn ing, attended by his Equerry in Waiting. The Queen's dinner party in the evening included the Princess Alice, the Baron de Beust, the Marquis of Exeter, Earl de la Warr, Earl of Malmosbury, Major-General tiv -.------...' Right lion. J. and Lady Alice keel, Hon, Mrs, DidclulP' and Lieut:-General.eirWilliam aud Lady Cedringt° ll * The band of the Grenadier Guards was is attendanc during dinner. THE PILINCE OF WALISS A/ ROME. The Prince. O . departure is to be rather hastened in consequenC b o war hating broken out already, and his route 1 10 _ 4 altered in consequence of the di s turbed state of Tine. His Royal Highness abandons the idea of seving ll° ' - for the present, and sets out on M o n riYi ls Monday morning for s- Vecchia, where he will embark probably for Meta oebuiror the recently-arrived paddle-wheel war steamer Se ° ll.so six . guns, and 400 horse-power, commanded by 155 : O wri Prince Victor liohenlohe.• This vessel will affo rd ; fot commodious berths, than the screw guri-boat Vigi l3ll ;pl the Prince and his suite: On Tuesday evening Il is. " fi t ho Highness visited the Vatican Museum by torch honour?, were clone by Cardinal Antonelli, who P"T og delicate attention to ,Anglican predilections by tea to be. served in: the Egyptian gallery after the tre3;';l, of ancient art had been sull . ciently. admired: Orl lOwing drg the Priue made an> excursion t3' lovely spot he had the advantage of contemplati n g S e ed the magic influence of a real . Italian _sky. The e°l°ss'ol was to have-been illuminated with Bengal liglite ,s day evening for the Pginee, but the gove-rnment felt alw lest so large anr • Icturna al dem meetir tunity forpolit: to be the remote cans the project, to the great disappoimtrr British sightieers, who had reek spectacle The Kiug znd Q to-morrow 4ter - from ,Ilot ould affo of the kind, pion LOCAL Iyrk,tlGENcf. TOXTETII PARR o'clock, Mr. Rees, Park, commenced his Is of the *.-, during tbe iness Itei for the past-.year day,' but it was purely of a routine charaet THE- PAINT D skill, will be AND Er piece of artist rted to-day, evening; at the rooms, Old' Pos . time in , Liverpool. The adhairet and at the same-time of a perfei the present opportunity of seeing shown in this must SOUTHERN MISPITAI - 3rGa y Morin: , rOl ,l a toWnhiP,;°,. ace-piece, f anatomy oa c sl 4 ,sd i c t ure , shoulci flit both - in - perfeoto' vi punning. Weekly Report. May Admitted : Accidents and urgent mai' V 13 ;_to : t a l e , d. 6 3 3,. . .tot t: surgical' eases upon charged': Cured; 6 ; relieved, 1 10.. Attending is. out-DatieAtk;" James H 0. Treasurer 111 .ton, ESQ. vroll orl,' f Vet, .."" r andDa Ctar chaplain : Rev. Nt: I the ensuing week : House surgeons : ' Mr. John . rnysiciaii aim .;011 ,- c arneron and Mr. u. Bateson and Pemberton: . • ou ; CRESCENT CHAPEL LITE R A RY S OCIET Y.—A t the.. roo o weekly meeting of the above society, held in the scb°°'i.deV on hti William-Henry-street, on Wednesday -.evening last , 2 was. opened in the-aflirmativo•• by Mr. Josiah Snlilo subject, " Is Direct Preferable to Indirect Taxation ' O, Coo,; showed the injustice of the present system of tao_ t '„ e c edi t i t tending that, if an equitable sy s tem was intr"„ - v re,.s c :, l would contribute in a great measure to improve position of the working classes of the c omm unity, an-r a rti sll. * a more gen erallyappreciateci spi r it of j us tice and il )i r than at present exists. CA 0; Tux LATE COUNTY ELECTION, AND THE RO , ' it „" LICS .Liyunpoor..—ln. the course of yesterdgc, rumoured through town that the Right l ie d Goss,. Rogan . Catholic Bishop of. Liverpool,. and Rev, D. Principal of St. Edward's Everton, had voted for Messrs. Egerton 1 , the Tory candidates for - the county. ICi n t r i° ,4 s yesterday, an enthusiastic son of Erin (a par; ll- d cr # , well-known mercantilp• firm, in Liverpool), warmly f , e r tior tb - , to the liberal cause, met the Rev. Dr. Fisher, in b} s o , c tbo:l in one of our principal thoroughfares, and, helie'fftler° s ;'J rumour was altogether untrue, asked for the rev. g` - authority to contradict it. The pa r ty interro te t he the other that it was undoubtedly t rue that both Dr. Goss and himself had, indeed, voted l br°l ,d :0 1, Egerton and Legh, on which the latter reP" perhaps mom emphasis than courtesy, " Then i t S to She !" ac e rt o 4i WRETCHED END OF A SEDUCER."—IU r . '" r pi te t ie the paragraph which appeared in our pal ) e r r . O under the above heading, we have receic - 1 following letter :—" Waterloo-road, May 1 7ti ref eref To the Editor of th e NORTHERN TIMwB. r e b to a paragraph in, your respected paper of this da• 0 the late Mr. Thomas Montgomery, I beg leave 40000 you that the writer should have remembered the oP.'„O tion, 'De mortuis nil nisi bonny:;' but there .r t , Pj f falsehoods co n tai ne d i n th e p ara g r aph. F ls sec °ll , Montgomery did not raise himself from nothiag;blo,,, he was not a passenger broker third, he had an tote' g and fourth, he .did not seduce any female from an -AO but reet. I m Justiee to publish this ( t say m ,rust to yall t ' 0119—and obligY to ' rrh e n3r THOMAS MONTGOMERY, 2 graph alluded to-was- cop: Regent -1 N. T.] d-from Yfanohefit ° —Open from ten : it iop• tb. Allsop'i wa AMITSENiENTS IN LIVERPOOL morning until ten at nigh All the kin g s and queens, .from and includu Conqueror,' d - oin to Queen Tic cesses, duke riors, poets of the past divines alsO; all 11 ges, ecc leries, containing upwards of from all 'parts of the world, feet in height. Allson's dim and st( Allsop's ono statue princ es ' 0 a; also, eminent 11 L,l oPed 11 1 ptur_ to ". CO ° 3 00115, 5 10 1 4 to e a AllsoP - are nn% P'bot iorming one large establishment, in the immen' t - door, is nificent building known as the Teutonic-hall, n el l 8 11 : of one to the County Court, Lime-stret, Liverpo v-2 ea , e j open to the public at Gd. each; children under t . „, e l / Y ogn e t y age, 3d each. Mr. Allsop's exhibition has been Y— to ll be th r- 1 1 by the press of Liverpool, London, and elsewhere, most perfect, superbly-man .rying from ruc, panoral In of intense interest promenade The above att nifiCent, and lar fact that cannot Po a the wort t. tae" dieted. Be sure to observe the name Alls n op al Sole proprietor, Mr. e re SAVINGS BANKS.—TWO returns on 'this subjeetr„,vce ",, 0 1 yesterday from the National Debt Office, in colaP,',", i sin s d a motion of Sir Henry Willoughby. The total ' - 58, '0 individual depositors who, on the 20th of IC°;;;'„ u l t Bl6 .le s accounts at savings' banks was 1,383 9 02. Au„ - s oci e ti c charitable institutions and about 10,000 - friena,„ bel may be added to the list. The amount of. d,ePifsitas-tititt.,7o,4 ing to individuals was £33,921,881, to charitable b o ss £729,457, and to friendly societies L1,562,7 84 ' se numerous class of individual depositors included th°ooooo deposits 2 were between and £5. This eal,,, e s e W l ; e st 76,345 persons, and the next most numerous hived deposits were below £l, contained 200,485. •% ;t5 051 thea w g e gr a eg g a e t n e er s a u l m ly b e e x l c o e n e s d e t d h t o o se.d. class whose d e n66 11 6 5 ' from £5O to £75. Ihe sum paid into inotuott.heFbraoninks3'f.,pail:'c..,l to the last week mentioned in the return s this b in 3 , s 1 '? been the case ; but in consequence of the larg'e st O t ot'i are drawn out during December, the gross 01°.,inotillt out during the whole year exceeds the (Tress s" . in by about £38,000. Mn. E. W. T HOMAS ' S B ENEFIT CONallTS:e;ts W. Thomas gave the first of his benefit eoll'roci,de considerable succe ss , b u t no t so muc h as he de e" Pr ° t i be the public expect persons to come forward t ° if dif amusement, they are bound to support thelideci(We4 amusement provided be adequately good. This has groa t been the claim of Mr. E. W. Thomas. II : 5 0 1° 0! first class concerts at a price which ha s -c) rie,„ l sufficient return to meet his expense s ' rt hthe`i therefore, a claim upon the public to suPP °- e , on r ed this endeavour to obtain recompense for his IV - d behalf. Mr. Charles Halle is a host in hiraseli , :ou• b et> last night with the greatest enthusiasm and ell ) ; olt tti ' first gave two of Mendelssohn's Lieders ohne u• 0 T he Tr ° ,o; Stephen Heller's "Homage a Schubert," or b/ and, being rapturously encored, played a Nvaltz,vireit In the second part, he gave Thalberg's " 110 ro e, s and being again encored, he gave • Stept h e o n (c andenstunden," which pleased even more Tar' 0 1 0 Mr. E. W. Thomas played a solo on the violin 2 4 ,:" ° ,,a ! le , by his Euphonic Band ; M. Wielopolski Phillips .1'4 5 ll t t oi on the saxhorn. Miss Hiles, and her sister, bliss ,110toog and Mr. Armstrong, did their best for the weal rau: t ' t e rt ott t te to them the ladies were very successiti. 112 r. oel l /..lit mouthed" 0 ruddier than the cherry' ratVer t oo oro o t t er running passages lacked distinctness. The eh fi ltoeite have been more steady occasionally ; I';ut it ?tea. e a much more pleasing concert thr,a we el.. ec ti o o f- 6 1 Ile second Concert comes off to .day at half - Pa s ' been and we hope to have to reeoxd that the hall for P on Inhalf of an enterptiaißgir d d erving Cam es gratification.