The Northern Daily Times. — Liverpool, Merseyside, England, 1856-07-01 00:00:00

Want el. WANTED to PURCHASE, 50,000 or 60,000 OLD BRICKS.— Addres+ \V., No. 95, Northern Times office, stating where to b- seen, and lowest price WANTED to PIT Order.—Addresi. A. Z., 10. Northern Tirros on=ce BELGIUM. —A GENTLEMAN, in whom every confidence m,:] be placed. would b? happy to execute COMMISSIONS of an; description in Belgium. as he is proceeding there. He possesse considerable intinPnee.—Address R., Northern Times office. W ANTED. a SOLI be given to a OR, for a First-class Tailori ng and Ou captains, a at the Northern T " arrived—as it might do, even in a more exag ' gerated form than then—it was not the imprudent, " the rash, and the foolish only who would suffer ; ' but that the innocent, and even the careful, would ' be necessarily drawn into a vortex from which they could not escape t, that the speech Here we have much to of this enlightened speaker was given in a garbled form, as it must been as replete with instruction as admonition We cannot, h ver, understand what Lord OVER. g Establishment —A liberal War. TO be LET, Fi taining dray 0 DRAPERS and GROCERS LEI North Wales, meat, of 18 year le trade. The stack VSVI pARKGAT contain 0 he L parlour! kitchen nine rye 0 Nti HO 1 - a Teri Iccupied QOUTEPORT.— at rt mode TRFE VILLA drawine-TOOM. d fnrnishrd, pnd or twelve months' or improvements mad house wlt be le , u any par 3EORG r 0-M 0 he 2nd instant, at One o Apply to -A HOUSE and SHOP to b of the mast popu. ,ss, and an 01 r prietor retirin tired. For furth esh papere i an 1 pain 1 Duke-street ; or Jo] P trk,trPpt ;GISTS and 0 CHER - I.—TO he L ET, fo HOUSE, OFFICES iney & Ra:nes, a ne and Mac commod ous, to Mr. Georg S. Sanders°, 23th of Jane. EW r tw lye months, The cottage contai Has ben reeer,tly ie sea. To a s.x ,ay be desired who will take the furn •e, or a portion t it, a' a vieuati,un. Water aad gas in the For terms and further particulars apply to Mr. Hargreave, Lc en *alt. KENTLE DG E.—A large and well assorted Stock always on tumid Also, BALLAST (Pie IRON. WILLIAM F. SIM & CO., Sweeting-street. JUST Ft.«.ceived, per " Niagara." No. 28 of FRANK LESLIE'S AMERICAN ILLU4TRATED NEWS PAPEI4 , Price Sixpence. Also, a variety of other AMERICAN NEWSPAPERS.—ON SALE, at the Northern Times office. ON SALE. in Oxtin, Cheshire, upon liberal terms, ELIGIBLE BUILDING LAND. commanding sp endid views, and suitable for the erection of first-class Villas. The unexpired lease is for 84 ytars e iree from all rent charges.—Apply to Mrs. Atherton, 18, Great George square, Liverpool. ►'rOXTFTH 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 ot the Ake of the Registrar, it the Cemetery; or to the Clerk to the Board, at the Public Office, Park-place, Totteth Park. ADDRESS MR. PRIEST, BIRKENHEAD. HOLNE., HOUSES! ! LAND ! LAND!! —ON SALE, in large or 'small lots, variously situated, and ranging in price from about 0100 to £6 l ,ooo.—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. entrimerctal c.attg. THIS DAY. Teas DAY, the Ist instant. at Half-put One o'clock, at tte Commercial Saleroom, Temple-court, 46 Boxes American B &CON, ex Lorenzo, from New Orleans, damaged by sea water on the Toy ace of importation.—Apply to Messrs. Richardson, Spence and Co , Merchants, or to WILLIAM GARDNER & CO., Broker.. THIS DAY, the let Instant, at Half past One o'clock, at the Commercial Saleroom, Temple-court, 174 Boxes American BACON, ex Lorenzo.—Apply to Messrs. Richardson, S. ence and Co., Mer WILLIAM GARDNER & CO., Brokers. chants. or to On account of whom - it may concern. Tuts Dir, the Ist instant, at Half-past One o'clock, at the Broker's office, 10. Brunswick-street, About goo Barrels FLOUR, , iia.—Apply to WI I.LIAM PARKE ex Stalwart, from Philade Tars DAY On account of whom it may t Ha !oncern. Broker. Brokers' Office, Velock, at:the ex sundry vessels —A' wick-str .et, Tuts DAT, the ht instant, at Fla' 'PARKF, Broker, ast One o'clock, at the 464 Firk !re lal Saleroom, Teran'e-c Apply to THIS DAY. the let s Co•k Pickled BUTTE R, GEORGE BADENACH & SON, B landing ex Stalwart, ast One o'clock, at the ample-caurt, an CH h'E DIT a.—Apply tt. Messrs. Richar 3ADENACEI & SON, Brokers t 0 W ,ck at the Brokers' ambers, Tithebarn-street 2 Bales COTTON, and commission 3 nas a connection with —Ad , ress by letter (Z. R.), -ns and where last , s Office, stating qualifica or two or three months, a HOUSE, con. lent £2 per week.—Appli to M. P., Northern Time. stant, at Half iothers and Co., Me TO-MORROW Office. I P'rliallY d.mage4 by sea wet Orleans ex Q seen of the West g in Brancker's Wsrehonsp, Dixon-street . - BOURNE In New To MORROW, the. 2nd instant, at T BrGkers' Offic Rz ROGERS, Brokers le:srs. Fielden BIN Exchan¢e-buildin now, t ers ar'd Ca.. Me-chants, or to J. H. RAYNER & CO., Brokers , tant, at Twelin es MUSTA RDSEED; sts IND o'clock, at the T. & H. L ITPLEDALE & CO., Brokers FRIDAY On FRIDAY next, the 4 h Instant, at Twelve o'clock, at the B °krt.,' Office, 500 Bales J U T E ex Montgomery, Albert Dock. - Apply to T. Rz H. LIT CLEDALE & CO...Brokers. R.' NODDER, HATTER, 81, CHURCH-STREET, Begs resneetfolly to inform the Nobility and Gentry of Liver pool that his NEW STYLES for the Season are NOW READY for Inspection. T HE GENITLEMIEN'S SHIRT WAREHOUSE, 24 anti 28, BOLD-STREET P. L. MACTAGGART SHIRT MERCHANT MANUFACTURER. TI4B ANNUAL SUBSCRIPTION TO THE NORTHERN DAILY TIMES is TWO GUINEAS PER ANNUM. Rortlittn firms TUESDAY, JULY 1, 1856 LORD OVERSTON it in the Lords' debate on the New Limited Liability Bill, alluding, incidentally, to the effect which that measure would be likely to produce, made use of very strong language The noble lord, addressing himself to the Govern• ment, asked " whether it was the proper course for " Parliament to pursue to say that they would do " nothing for the just protection of the public, but " that every man was endowed with some amount " of discretion, and that he must take care of him " self, and guard himself from the pitfalls which " surround him." Here the alarmed Peer gave his hearers an outline of Lord ASHBURTON'S description of what took place in 1825. A more outrageous political suicide never took place before, not even in the House of Lords; considering that the noble lord himself played the " heavy business" in that frightful drama, while the late Sir ROBERT PEEL kept simply to the " utility line." The cris 1825 commenced with the monetary changes of 1819, of which JONES LOYD is the reputed author ; and as he must be a high authority on the subject of universal ruin, we are not a little concerned to find the noble lord contending that, " similar "results might be anticipated if the House " persisted in sanctioning the measure ; and he " warned their lordships that when the crisis CHA`~E, s TELESCOPE ST IND, in good all particulars and lowest price, to Co be Ifat, THE NORTIMEN TIMES.-LIVERPOOL, TUESDAY. STONE has to apprehend from a re-adjustment, or rather On intelligit e definition, of the law of ability in public companies, or an extension of the J Bill subverts n sited Liability mental principle st immoral sham to a very modest It merely s a m . The Bill of 1819 mple on grea It trans ferr D make and issue money interfeic— course of d I with the natur of a commodity—gold ice, which .es by which taxes f tho national en bank directors the and money dea s of all c THE COURT On Sunday her Majesty and Prince Albert, with the Prince of Wales, the Princess Alice, the Duchess of Kent, the ladies and gentlemen of the Court, and the domestic household, attended Divine service in the Chapel of Buckingham Palace. The Hon. and Very Rev. the Dean of Windsor officiated. BODY FonNn.—On Sunday last the body of a man was found in the river. At present, it has not been indentified. An inquest will be held this day. " CarTais Fahavets."—This day week we gave the pert grinations of " Captain Francis," who was remanded to yesterday. There was no additional evidence tendered against him, and he was discharged with a caution. TILE STABBING CASE IN DENISON-STREBT.—In this journal of ye , aerday we announced that another of these fearful cases had occurred in the locality of Denison street, on Saturday night, and that but little hopes were entertained for the recovery of the injured man. Yesterday Charles d in the dock before Mr. Mansfied, charged offence. The police officers stated the g to the blarding house, apprehending the ding the injured man, Henry Hanks, to the ing house where the ited that at about ten 1 ,y night, the prisoner or, when he was attacked, leiist provocation, by three men, and when he he house he said to Hanks, who was there, on not come to my assistance ?" The prisoner a rush at flanks, who went into an adjoining " I ara stabbed." Blood was then flowing The injured man was at once conveyed to he witness went on to say that the two men kdams was with th prison without from 1 the he three weeks, and were on the y terms with each other. A certificate was read n of the hospital, stating that Hanks could \lr. Mansfield ordered the prisoner to be __asary, to have the depositions of the tcdiately taken. llp to last night he re- rom the slug riot appear remanded, and, if n very pr& carious state - - KING'S COLLEGE, LONDON.—On Saturday afternoon, the annual distribution of prizes to the students at King's College took place in the large hall, under the presidency of the Bishop of Lichfield. The principal of the college (Dr. Jelf) remarked upon the great progress made by all the students, and al!uded to the advantages which had lately accrued to them, through the throwing open of the civil service, and also the opportunity which was now afforded to persons wishing to enter the Royal Artillerj and Royal Engineers at Woolwich. The Chinese class had made great progress, and thirteen students had been appointed by the government to posts of honour as interpreters in China. LATEST INTELLIGENCE THE FRENCH EMPEROR. PARIS, MONDAY EVENING The Emperor sets out for Plombieres to-morrow morning, and will be attended by the Chief of his Cabinet De Camp, and an officer of Engineers. His Majesty will pass the first night at Nancy, taking up his abode at the Prefecture in that city. The Cardinal Legate Patrizzi takes his depar ture from this city, en route to Rome, to-morrow morning. At the close of business on the Bourse today, the Three per Cents were quoted at 71f. 35c. FRANCE. (FROM OUR OWN CORM, PARIS, I have been fortunate enough to obtain the text of the protest which, the Princes' of the Orleans family have drawn up against the bill for conferring pensions of .t . 8,000. a-year on their surviving sister and on the children of the two deceased sisters it : )NDENT SUNDAY EVENINC The folio win anslation of Informed some time ago that a bill was being prepared, destined to modify the decrees of confiscation of the 22nd January, 1852, we confined ourselves to demanding of our friends to refuse absolutely to take any steps whit' should seem to show that we participated in thi. la of delica ance of reparation foreign princess allied to our do more. But on reading the which has been submitted to you, w our respect for the n nd affectiOn for anded us not. to ment of our own dignity, do nou reply. This word is benevolence.' _ only be exercised where right exists not. Now our right is based on the authority of the laws, and the justice of the country consecrated it up to the day on which justice itself was obliged to give way to violence. The benevolence which derives this right is, then, a new attack on the memory of our father, and we must repel it. In 1832, a policy accustomed to consider money as an Instrument of revolution took precautionary allow us to I e without Benevoien measures against us by confiscating the patrimony of our family. It endeavoured to colour the injustice and vio lence of its proceeding by an explanation of motives which revolted the public conscience, and against which we then protested. At present the word " benevolence" applied to the measure which is proposed to you, implies a repeti tion of those allegations, awl that is why we renew our protest. Perhaps in so doing we gitre way to a sentiment of exaggerated susceptibility. After all that remains to France of the benefits of the government of our fat her, who dare - say that he reigned in a narro.v.mintle:l interest? The Frenchman who was ci,,voteki to hit; coun try, who, in 1792, fought as a soldier ag;iia4 foreign Inva sion—the King who, during eiOteen years, was abio to render France both free and prosperous--the Kia,st who gave to her that army whose heroism as crowned our flag with new glory—this King is for ever above the attacks of calumny. Lout.; Orleaas, "(Signed)' "Fr. ,1' Orle.AtuF, These three sons of King Louis F hill! de Nemours, the Prince de Joinville, d' Aumale. Their Royal Highnesses have transmitted their protest to a member of the Legislative Body, and he will take care to communicate it to his colleagues ; but it cannot, of course, be read in the Chamber. I am informed that the departure of M. Baudin as Charge d' Affaires in Russia, which I told you a few days since was resolved on, is to take place on the sth. The date of the departure of Count de Meru, for the reasons stated in previous letters, still remains unfixed. Russia has sounded the French government as to whether it is disposed to receive Prince Gortschakoff, of Crimean ❑otoriety, as ambassador, in the room of Prince Dol gorouki, but the latter has answered in the negative. A great improvement has taken place lately in the com mercial situation of Paris and the :departments. Large orders for Parisian productions have been received from England ; the provincial manufacturers have received orders, and the silk trade at Lyons has all at once become remarkably brisk. The weather being fine, the anxiety abont the crops is dying away. The Legislative Body, yesterday, adopted the bill pre sented by the government for lending one hundred millions (.Z1,000,000) for encouraging draining. The Moniteur states to-day that the total subscriptions for the victims of the inundations, French and foreign, is thus far 2,961,2521 r. (nearly £120,000.) In the total the " Lord Mayor of Liverpool " figures for 25,300 fr. (.C,1,012,) as the amount of subscriptions collected by him. Ire the Duke PARI3, SATURDAY EVENING, The Moniteur announces that the French Consul at Liverpool has remitted 2,500 fr. (1;1000 collected by him for the victims of the inundation; and that the French Consul at Dublin has remitted 4,274 fr. (I:170 for the same purpose. On the silly affair at the English court about the dress of au American gentleman, the grave Journal des Debats makes these remarks :—" We have assuredly no worship for costume, no superstition for wigs, no veneration for knee breeches, but we cannot refrain from saying that these American citizens at the English Court covered themselves with ridicule. If the austere democrat who was the hero of the scene had such great horror of cos tume, what forced him to go to the Queen's levee ? If he had the weakness, which is very common to many demo crats, to go to court and to f4;ure in the list of presenta tions, why did ho not dress like everybody else ? It would be very unfortunate, if, in order to be a good republican, it were necessary to be ill-bred, arid iu our opinion there is something as silly and oansive as aristo cratic pretensians, and that is democratic insolence." The Prince Regent of Baden left this city this morning for his own country. Amongst the persons who accom panied him was Lord Ely. An action against the precious Mobilier Company, tried yesterday, by the Civil Tribunal, has excited much atten tion. It was brought by aM. Goupy, a speculator on the Bourse, to recover damages, on the ground that the com pany had been guilty of something like fraud on the public, by announcing some months ago that it would increase its capital by means of an issue of 240,000 bonds, that it would give the bonds only to the holders of original shares, and that it would issue them on extraordinarily favourable terms, viz., a 500 f. bond for 280 f. ; but that it afterwards abstained from issuing the bonds, so that after the shares of the company had, by means of the announcement, been driven up to a very high figure, they, in consequence of the refusal, fell several hundred francs. But as the com pany showed that it had not issued the bonds because the government had thought fit to prevent it, and as, besides, there, were various technical reasons which told against the plaintiff, the tribunal dismissed the action with costs. In addition to the inte rest which the case presented to financial circles, it possessed a good deal (politically speaking) in conse quence of M. Berryer, the great parli.nnentary orator, having pleaded for the plaintiff, and having, in the course of his pleadings, denounced the Credit Mobilier Company in the most vehement terms, for encouraging the gain bling mania. The newspapers have nor. dared to report his speech, as it was delivered ; but not only did he eat: (as they admit) the Credit Mobilier a " gigantic gambhrg house," but he said (as lam told) that it has been the cause of ruin to hundreds of families ; and that it. would end, not only by ruining thousands of and even the empire also. LIVERPOOL TRAFFIC AND THE STRIKE The strike is considered at an end, the railway authori ties being now in satisfactory progress with their new hands, and having refused in all, or nearly all, cases to receive back the old hands who proferred " humble pie " to the company. The defeat of the " strike " must be attributed to that want of organisation which the indus trious classes in most trades better accomplish than the clerks and porters did on the railway, the one-tenth of each class who remained on the establishment having formed the nucleus round which the new hands were able to rally for instruction. The great and important nature of the goods traffic of the town, and that of the London and North-western railway, may be judged by the follow ing interesting particulars :—The aggregate goods traffic of the Liverpool and Manchester Railway Company in 1826, was estimated at 1,200 tons a-day, equal to 375,000 tons a-year. Now, in 26 years, the traffic in goods east ward alone is above one million tons; and although above 25,000 tons weekly have been abstracted from the North western Railway by seven competing routes, established in the last ten years, the North-western Railway goods traffic averages weekly above 12,000 tons at Liverpool. It has more than doubled in the last ten years, and with the natural position of Liverpool, with its yearly increase of ten per cent. in its population, situate between four millions of manufacturing population in Lancashire and Yorkshire, and twenty-two millions of persons i❑ the United States, its progress and increase are certain. In 1800 the tonnage of Liverpool was 450,060 tons ; the average increase has been 100 per cent. every 15 years In 1851 it was 31 millions tonnage, one way only—inwards generally—and has no reference to the cargoes laden both ways, in and out. The Liverpool traffic in coal was lfc million tons, in salt 1 million tons, in miscellaneous 1! t million tons, and coastwise 2i millions tons. Of these articles this railway carried scarcely any coal or salt— only 505,000 tons of miscellaneous ; or above one - third of the entire traffic of the port and town, exclusive of minerals and coast traffic ; and much more might be accomplished if the company had quay room and rails at the docks to the northward. The " merchandize:" traffic in and out of Liverpool by this railway may be divided into three branches—the south traffic (between Liverpool, London, 8,-,c.) amounted to about 160,000 tons; the east traffic (between Liverpool, Manchester, &c.) to 310,000 tons; the north (between Liverpool, Dundee, &c.) to 100,000 tons, in 1852. The znerchandize traffic in and out of Liverpool by this railway in 1843 was 260,109 tons ; in 1‘52, it was 565,500 tons, the bulk of which lies within a dozen articles, thus—cotton, 100,000 tons ; provisions and produce, 95,000 tons ; bale and case, 83,000 ; timber and deals, 56,000; grain and flour, 36,000; hardware, 30,000 ; iron, 20,000 ; produce not packed, 20,000 ; sugar and molasses, 15,000 ; Irish but ter, 15,000; ale and porter, 8,000; wines and spirits, 4,000; earthenware, 4,000; and tea, 21,00—a1l tons; fruit, m:at, &c., I ton; sundries, 76,000 tons. Total, 565,000 tons, for the year 1852. This traffic is conducted pretty equally between Waterloo and Wapping stations. The Myer Mersey navigation to Warrington also transmits 40,000 tons of grain, mineral, and vegetable products.mi STATEMENT OF THE GROWTH AND CONSUMPTION OF COTTON, FOR TEN "YEAIIS. FROM 1815 TO 185; Accompanied by Remarks, showing their relative Rates of Increase. BY J, N. CARDOZO, ASSISTANT EDITOR OF THE CHARLESTON EVENING NEWS. 57 ; EZ c , dC op dc co CP C. , c , 4.• , P.• cot, W to, ck O W ca ha bD 1,0 ha .-, C 4 i!:1 c, ~, cc %.; H I ;1 7 . Iv C - -4' CA co 4. IA C 4 4. czp 0" Or. pi- C,..2 0 --I QV 1.-.1 )-1 /-.1 1.4 1. ti 1.1 ti C cs' Po '.:6 7) : 66 4:. ;., ca M sa Ca; 4 , to co co ci t s D C, cc IND p !.. n O !F.. W W r•-• cacti bo CC 4.• •-•7 C., 4 , Cr cr, CA CA ois 6.T. , CD Cep-{ 0.4 1-4 1 , ,D ca tp InD ca cr, w 5". o ;.c:) a•7C7CG 7rx t.D ' t.D 0 4, 4 , GO e.O 0 1!,.D I go •-•I CO ot. oic• e4c.• t'o Cr CO • CD CD OD Cs , CZ - -I CO if Cr; Z'l a 7 3, 9, - rt g 44. 44. .4 ti 0. .4 44. tl h. 4. ti tt .4 ti I i. L , D 0; , . CT' ;c5 c.?. .7. :4 co a. I Ca ' 4 , C,J Qr, c. 6 4- 4. CAI C. 4 t.O -4 c: c. cr. c oo r p combo-4 co C 4 C. 3 C 75 CO CZ CO 0 0 1. 4 Il F..' tt 11 P•I Y.I ti .0 p-i -1 tr. o'clock The comparative supply and consumption of Cotton hail of late, assumed an interest that renders some conclusicn desirable, by which these relations can be determined, if only proximately. The elements which enter into the so lution of this question are very complex. The relative costs of cultivation in different countries; the tenure of land and the revenue system of those parts of British India which form, next to the United States, the largest source of supply ; the state of inter-communication between the Cotton regions and the seacoast; these, with other consti tuents of the problem, render it one of much intricacy. The subject naturally assumes three divisions : 1. The com parative rate of iticreese in the supply and consumption, at antecedert periods. 2. The comparative rate of future increase. 3. The causes which facilitate or retard that increase. It is necessary to this enquiry that we should embrace a period, or periods, of safliment length to exclude the influence of disturbing causes of partial or temporary operation. Decennial periods are most convenient for this purpose. In an article prepared by us and published in the Charleston Courier, May 31, 1845, the history of the Cotton trale is traced back to 1800, divided into periods of fifteen years, and brought down to 1845. The results reached in that article were, that the growth had, down to 1845, outrun the consumption. The annual average increase in the growth was a fraction over 61, per per cent., embracTng the period from about 1830 to 1845. The annual average increase in the consumption was a fraction under 6 per cent. The growth had, therefore, xneeded the consumption down to 1845; but from indica tions of the gradual diminution of the ratio of supply of the United States Cotton, and the steady, regular ii=erease in the consumption generally, the following conclusions were drawn : 1. That in three years the equilibrium between supply and consumption would be recovered. 2. That in , 1845 we had reached the maximum rate of production in the United States.—Both branches of this prediction were verified. It is unnecessary therefore to ascend further back in our comparison than 1845. From the above table it will be seen that the dispropor tion between the supply and consumption between 1845 and 1855, was very great, the annual average increase in the former being 9-77 per cent., and in the latter 16-64 per cent. The large aggregate increase in the supply naturally led to a diminution in the ratio. The consumption has no other check, supposing prices not to much enhanced, than inability in the power to purchase and consume. The productive powers are restrained by a number of causes—by a bad tenure of land, by heavy taxation, and and imperfect supply of labour.' We have, in the above comparison, taken the number of bales, and not allowed for the increased weight, as we are not comparing periods of growth, exerpr for the purpose of illustrating the supply as c unpared with the consumption. 2. FRoBNBLR RATE OF FUTURE SUPPLY AND CONSUMP TION.—We have seen that the rate of increase as regards the growth from 1845 to 1855 has been 9-77 per cent. per annum, while the rate of consumption has been 16-64 per cent. annually for the same period, making a difference in their rates of increase of 6-87 per cent. per annum. Fol lowing out the comparison for the next decennial period between 1855 and 1865, taking the above table as the basis of the estimates, the following is the result : Taking the table of eleven years and reducing it to ten years, omitting the first year (1845), which perhaps is the better and right plan, would give a total supply of 31,613 or per year And total consumption 35,354 or per year Or an increase, compared with 1845, for supply, when it was 2,855, of 306 when it was 2,878, for consump'n 657 or 10-72 per c. or 18-72 per c. Such an average for ten years, carried out for the next ten years, would give, in 1863, the fallowing figures : Production. Consumption. 1855 3,583 3,909 1865 4,202 7,317 Taking the 11 year table, total production annually 3,133 for ten years, would be . • Increase, 9.77 per o. ... .... 34,391 Total consumption of 3,357, for ten years, would be 53,570 Increase 16-64 per c. 39,156 Or an increase of consumption over supply of 4,765,000, or an annual deficit of 476,500 bales. In the preceding figures we have not taken into view the distribution of the pi e:ont large crop, which forms a proper supplement to this branch of the enquiry. The growth of this is in excess of any previous year nearly 300,000 bales. There is every probability of its being entirely consumed, leaving, at the end of the year 1855, as reduced a stock every where, as was ever known in the history of the Cotton trade. 3. THE CAUSES IVHICII FACILITATE OR RETARD CON SUMPTION AND SUPPLY,—The interior of Europe is daily enlarging the sphere of Cotton consumption. Russia and Germany are requiring larger supplies. The war has widened the market for British Co:ton fabrics in the Levant. The people living on the shores of the Danube and Black Sea, having, since the freedom of those seas has been secured, a vent for their raw products, will bnome exten sive consumers of Cotton goods. These circumstances must give a yearly increased stimulus to the consumption of Cotton. The causes which temporarily derange the relations of demand and supply, neutralise each other in decennial and sometimes shorter periods. Short crops and high prices, which limit, and excessive supplies, with low prices, which stimulate consumption, cannot countervail in their operation the influence of that general law which regulates and controls the value of an article of such general con sumption as Cotton. The circle of increase cannot be contracted except in the failure of purchasing power by those who consume textile iatrics, while the producine, ability of those who grow this staple finds a boundary in the diminution of labour adap , e.l to its cultivation. The question of future supply is more complex. Its two great sources aro the United States and British India. In the former as regards land, one of the elements of productive power, there is an absence of monopoly. The land is easy of acquisition and transfer ; settlement is rapid. It h as to sust.i.in few burdens. In the latter it is subject to a fixed tenure, one-half of the produce is engrossed for rent. It is cultivated in a slovenly manner. With the aid of British capital and skill its capabilities will be as fully de ve l o ped as consists with the artificial and o b s t ruct i ve arrangements o f an eld country inhabited by a semi barbarous people. Still that region has increased its portion of the general supply' 40 per cent. within five years. It is thought that the whole of British India will be intersected by railr ads in five years, bringing its most remote inland districts in com— munication with its ports of exportation. In the other element of productive power, labour India has greatly the advantage of the United Stat its density of population. The low price of labour affords a compensation for She heavy burdens borne bc- the 1,-;m1, im the form of an exorbitant rent or tax. In the United Sates we will soon have reached the limit to a re ids- command of labour for the Cotton culture. A more expensive outlay" gradually encroaches on capital devoted to that cult ure. The price of field hands has risen nearly 100 per cent. in five years. The ratio of increase in the slave pa;-mle.tion is lessening. In the decennial periods ending 1830, 1840 and 1850, the annual average of increase was 41 and 3a per cent, for these periods respectively. We thus see that the causes which limit production have been pr: dually operating for the last ten years, while consumption has been as progressively enlarging its boundaries, and that while the maximum rate of production has been long since attained, the consumption has no assignable point of limitation, but extends with the expansion of general commerce and the spread of civilisation. Charleston, June 1, 1856. IMPERIAL PARLIAMENT HOUSE OF LORDS.-MONDAY, The LORD CHANCELLOR took his sea; on the Wool NEAPOLITAN AFFAIRS. In reply to a question from Lord Lvtgon URET e Earl of CLARENDON declined to res; , ecting the affairs of Nanle*, as the correspode, vet closed. fie believed that thr: I , renc -- desirous to withdraw th-ir tro• at five Ice ary .nd that the Empero c , untry was not yet t. trian governments were (au_ sible, from the Pap it territory, disposed to withdraw his troops from Rome when division was organised. rho Bankruptcy (Scotland) Bill was read a third time.] TIIFI OATS! OF ABJURATION (NO. 2) BILL. The;Farl of DERBY w.thdrew the Oath of Al•jur Ain't A mendment 13.11, and on his Lordship's motion, the order of the day for the third reading WAS read and discharged. rz: a - - 3 '3"" g -„ s r_ a mental Fin& k Bank. errand an are paid, it d nodities to bring wise Darted ssure Etted to a d fly in the r k the gold sold th for exportation. The Bill of Lich, as we have before obser or othe ved, Lord OVERSTONE is the reputed father, worked a corn plete fiscal and sod al revolution, and we are irprised to find the noble lord in his Ad age somewhat appalled at the thoughts of a return of those national distortions and miseries he witnessed in the crisis of 1825. But where is n that memorable epoch and he present time ? Is the over inflated, over loaded bullion bubble going to burst ? Are we going to loose our absurd standard of value, and return to a natural, and more rational state, with gold reduced, once again, to the level of a simple commodity ? the analogy betty Lord OVERSTONE will hardly survive such a magical return to a p .imitive state of things in money. He sees, very clearly, that gold cannot remain much longer " the scarcest and least " variable of all commodities." Providence seems to have forbidden it, and will not suffer us to continue in the weakness and wickedness of our monetary ways. We have to prepare for a more ual distribution of the comforts of life—a greater developement of human genius, and a vast transition in the moral and social condition of the millions generally. Great Bear bankers will be nowhere, when it will no longer be in the power of the crafty Bullionist to make money scarce and dear. The substance of the nation will not be subject to the sudden depreciations we wit- Our national securities and railway stocks will become staple property, instead of so ness now. many counters for gambling jobbers. Th( of the realm will have a chance of add ir g the taxes on le common The produce of AICEETARY AND COMMERCIAL. LIVERPOOL, MONDAY EVENING To-day the Liverpool Cotton market, owing to the tenor of the American advices, has shown increased activity, and a large business has been done at very full rates, the sales amounting to 12,000 bales, of which 4,000 have been taken for speculation. The Liverpool Share market continues to manifest a very good tone, and with a good amount of business to day, prices have shown a hardening tendeflcy, and closed der :—Aberdeen, 15 15k. Chester and Birkenhead, 8. Caledonian, 31 , 311. Chester and Holyhead, 61. Eastern Counties, 111 11 5-16, East Lanca -211 213. Great Northern, 24 244. Ditto A., 91 Great Western, 6:3 64. Lancashire and Yorkshire c, 9S 99. Liverpool, Crosby, and Southport, 13- i London and North Western Stock, 1071- 1071. ....chester, Sheffield, and Lincoln, 351 35;3. Ditto New aer cent Preference, ;3p. Ditto Preference, 12 121. North British, 9& 10. North South Eastern and Dover, 23 1-16 , . Newcastle, and Berwick, 22-,1 22i. York ad North Midland, 311 32. Leeds Capital Stock, 191 Buffalo and Lake fluron, 12 Qp. Dutch Rhenish, a. Great Western of Canada, 261 26k. res, 3 7-16 3 9-16. Great Luxembourg, Diu() New moors recently current that the Austrian of Finance, Baron Bruck, would shortly resign, ted to be without foundation. It appears, bow by the Austrian journals, that this emminent r had some serious intentions of resigning office, e of the resistance given by other members Is plans of commercial reform, and )tain the admission of Austria into It is said that the Emperor, st confidence in the judgment and n•ould not lis'en to his resigna- estv kely t 2Wion that Baron Bruck in remaining in office is ncounter no further opposition to his financial The trade report from 'Prance to the close of the week show a sensible improvement in the state of business, both at Paris and in the manufacturing departments. Merchants from the provinces, who have abstained for some time to make purchases, now begin to buy largely. The retailers have been less busy, as the sales of novelties for the season had terminated ; but the return of fine weather has influenced the ordinary branches of trade, which is added to by the purchases made by foreign visitors. The trade in silks has experienced an important rise in prices. It is said that within the last fifteen days this advance is not less than twenty per cent on raw silks. Other branches of trade are improv ing, and the depression caused by the inundations is quickly passing away. 'the total amount of specie brought by the two vessels which have arrived from New York, viz., the Niagara and the Washington, is 1, 010 , 670 dollars, or about £202134. The Atrato has arrivad from the West Indies with $2,134,646._ This day the second ordinary meeting of the pro prietors of the Bank of Asia was held, at which a report was presented, stating that whilst the company had been in its present state of suspense, the directors had exhibited the greatest regard for economy. It is also stated that the differences of opinion which had existed in the detail of arrangements to be carried out for the amalgamation of this with the Mercantile Bank, had been arranged, so that a joint application had now been made on the part of this bank with the Mercantile Bank, for the purpose of procuring from the Privy Council a substituted charter for the amalgamated companies. The accounts were as as follows:—Capital, £79,958 14s ld, and the expendi ture £365 4s, leaving £79,565 9s 2d. The report was adopted. At tite close the prices of Railway Shares were quoted as follows :—Caledonian, 681 68!. Edinburgh and Glasgow, 60 62. Eastern Counties, 11,1 111. East Lancashire, 84 85. Great Northern, 47 471. Do. A, 79 80. Great'Western, 631 64. Lancashire and York shire, 99 991. Leeds Northern, 191 20. London and North Western, 1071 108. Manchester, Sheffield, and Lincolnshire, 33 36. Midland Stock, 85 8.51. North British 39 44 South Eastern and Dover, 761 771. York, Newcastle, and Berwick, 89 90. York and Nor:h Midland, 63 64. WEST INDIA, MEXICAN AND PACIFIC DI AILS The royal mail company's steamship Atrato, Captain Woolley, arrived at Southampton at two o'clock, a.m., yesterday. with the mails from the West Indies, Mexico, and the Pacific. Her dates are—Vera Cruz, June 4 ; Greytwn, June 5 ; Demerara, June 9 ; Havana, June 10 ; Jamaica, June 10 ; Barbadoes, June 12 ; Trinidad, June 12; An!iqua, June 13; St. Thomas, Jung 16. The Atrato , hrings 197 'passengers, and in freight 1,638,113 dollars in specie (silver), 490.533 dollars in gold dust and bars, £493 jewellery, £BOO silver plate, 670 serons cochineal, 63 serons jalapa, 18 serons indigo, 3 casks coffee, 2 casks balsam, 4 cases succades, 147 cases cizars, 126 bales tobacco, 7 cases tortoiseshell, 14 turtle, 150 bales sarsaparilla, 831 bales bark, and 148 packaites From Mexico we learn that the Spanish squadron, '-n• of nine ships of war, had arrived at Vera andinir payment of the amount due to Spain den. In default of immediate payment, they aed to seize the Custom house, and appropriate to the payment of their demand. ate g-.vernment of President Comonfort is now estab le,' and he has called on the priests at Puebla to pay out of he convent funds the expenses incurred by the Cruz. 1 from 1% siege of that p'aee. The West India islands were generally healthy. At Jamaica great quantities of rain had fallen. Exchange on London were quoted for 40 days at per cent. pre- At Demerara, the crops had been injured by rains had fallen in large quanties ►ast few days previous to the departure of the mium dry weather, but during the mail. From Trinidad, we learn that the crops are in fine condition, and about 30,000 hhds of snzar had been made. Lieutenant Jones of the 69th Regiment, had committed suicide by stabbing himself. The Royal Mail Company's screw steamship Wye was ashore at Guadaloupe, and every exertion was being made to float her. No person had been hurt, and her mails, &c., had been sent forward by the French war steamer Le Grondeur. The Atrato brings the following intelligence respect. ing her Majesty's ships of war at the various West India stations : On the 13th June H.M.S. Arachne was at Trinidad, having conveyed the Wye's mails there from Barbadoes. The Vestal was cruising among the islands, and the Scorpion was at St. Lucia, At Greytown, on the sth nitimo, there were H.M.S. Eurydice, and the United States states steam frigate Susquehanna, Com modore Paulding. The Hermes, Espiegle, and Imaum, were at Port Royal ; the Termagant and Malacca having gone on a cruise. On the 28th June the Atrato, at eleven a.m., in lat. 48 56 N., long. 12 1 W., passed and exchanged colours with the English ship Electra, from Calcutta, the Eng lish ship Rose of Sharon, and the French ship Mar guerite, all in com any and homeward bound, flower ai industry to theprice of what they add t stock of comfort and greatnes one ' ear's gold harvest, added to our present re serves of gold, will bring about these changes But will the condition England resemble, then ad into by the lamentable position she was drag; ninations of the school of poll tical economists to which Lord OVERSTONE belonas ? the currency aboir think not We shall he going back to the " good old times," when men were paid a good price for their labour, and employers received a er remuneration for their capital 'hen there ;vas some safe and legitimate trade and commerce, and less scheming and danger! We have no desire to have the death of a bullion r for, therefore we will only add that er to ans returning to times when th State will ceive i nue with a heartiness and good wi to national prosperity, and will Once more f 1 that power and independer ye date all our dominion and strength But this would afford no consolation to those who ennui if C sols were not to fall seven or eight per cent occasionally. The fluctuations of the Bank Stock and Exchequer Bill market keeps the body and soul of the millionaire together. And I become of our " stag ducks," and shares say, geese , it our railway to show a little respectable firmness all our flattering anticipations may bE it a dream ; but we would have the reader beat mind, that we are only endeavouring to accoun t or the agonies of the nightmare which has seized n the high priest of bullionism. Lord OVERSTONE abours in his dreams under the impression that we are going back to the wide-spread disasters of [825, and we are anxious to show that we are getting back rapidly to a period long antecedent to the noble lord's first appearance as a fallible oracle on currency—that the season approaching will resemble those times when Great Britain defied the world in arms, and knew no equal in commerce. Should time prove that we are right in all we hope to see come to pass, it will be due to the continuance of peace with all nations. There are not a few who, seeing that economy and repose will lead to such a happy consummation, will endeavour to entangle us in war, that the days of general and unbroken prosperity, which are dawning upon this great country, may be deferred by squandering our means on bloodshed. The Bullionist will stop at nothing when he finds his household idol has passed from his grasp, and to restrain him from rushing into wanton reck lessness is the greatest difficulty we have to deal with, and the first duty every upright citizen has to discharge to his country. ARRIVAL OF THE GeENADIER GUARIr.—The Grenadier Guards, about whom some anxiety had begun to be felt, arrived at Spithead in H.M.S. St. Jean d'Acre, Captain King, at daylight yesterday morning. They left Malta on the 11th, and have consequently been nineteen days on passage from that island. The regiment will be landed without delay, and proceed to the camp at Aldershott. THE MURDER OF MRS. KELLY.-It is reported that the case against Mr. George Strevens, the nephew of the murdered Mrs. Kelly, is so far incomplete that the Crown does not mean at present to press the matter further ; consequently the bills will not be sent up before the grand jury at Westmeath at the approaching assizes. The whole affair is still wrapt in mystery, and there is no nearer clue now to the discovery of the assassins than there were 24 hours after the commission of the murder. Tan REVENUE —The quarterly accounts to be made up last evening will, we have reason to believe, exhibit results of which the following is an estimate :—Under the head of customs the increase for the quarter will amount to about £150,000, and for the year, to £700,000 ; the excise for the quarter, an increase of £210,000, on the year, probably a decrease of .£BO,OOO in stamps, a decrease of £13,000 on the quarter, and the year. With respect to taxes, the vane' ions are of the slightest character. The incom e tax ?97,000 on xhibit an increase on the quarter of .£117,000, and cn the year of probably £3,502.000. The Post-ctlice will show a slight increase on the year. The receipts under the head of crown lands do not vary much, while under the head of miscellaneous receipts there will be a slight decrease on the quarter ; the increase on the year will be found to amount to 240,000.—G10be. i'er of ino I his victim lod 1 .3 C.D Ck I * g s7-= I Woo INDIAN REVENUE In answer to the Marquis of CLANRICABDg. The Duke of ARGYLL stated that the sum of :4500 voted for the of the s.fferers by the inundations in Frm , ce bT the Last India Company, was granted out of the Indian revenues, And that the vote was approved of by the Board of Contrcul. The Joint Stock Company's Bill IA as read a third time and passed. The Stock-in-trade Exemption Bill was read a second time. The Industrious and Provident Societies' Bill and the Seamen's& savings' Banks Bill were read a third time and pissed. The Survey of Gieat Britain Bill was read a second time. The House adjourned at ten minutes to seven o'clock. HOUSE OF COMMONS.-MONDAY The SPEAKER took the chair at four o'clock. PRIVATE BUSINESS. The North Western Railway Bill was read a third time sine passed. AUSTRALIAN MAIL CONTRACT, Tn answer to Mr HAMI vox, Mr. WILSON said there would be no objection to the production' of all the tenders that had been received for the Australian postal service, though it was unusual to do so, provided it was shown that tht p oduLtion of the papers In question would bi of public advantage. AFFAIRS OF GREECE. In reply to Mr. JAMES M'Gaaooa, Lord PALM ERSTON said the correspondence which had passed. between this country and Greece since May, 1854, was of much an ordinary character that nothing would be gained by lay,ngr tt before Parliament. NEW NATIONAL GALLERY. In reply to Mr. SPOONER, Lord PALMERSTON stated his intention of withdrawing the Natioral Gallery Site Bill, in consequence of the decisizin of the Muse on Friday night. THE DEFENCES AT ISMAIL. In answer to Col. DUNNE, Lord PALMERSTON stated that no official imformation bad been received regarding the destruction of the defences of Ismail, but no doubt the Russians would be at liberty to do so. He could not see what motive they could have except the expense of rebuilding, which would be entailed upon the Turks when they got possession of the place THE SEES OF LONDON AND DURHAM In reply to Mr. GROGAN, Lord PALMERSTON announced his intention, in e , ,nsequence of an expression by the Bishops of London and Durh.im at their wishes to retire on account of their infirmities, to bring in a till in the pre. s e nt session to authorise them to vacate the sees. THE IRISH MILITIA: Mr. DAVISON asked whither any time had yet been fixed for the diembodiment of the Irish Miliat ? Lord PALMERSTON stated that the Lord-Lieutenant had been req - lested to use his discretion in the matter; but at the same time, while not retaining the force loner than was necessary, to make the disembodiment as near as possible to the those of the couinaencement of agricultural operations. TESTAMENTARY JURISDICTIONS, &C., BILL. In reply to Sir JAS. GRAHAM, Lord PALM RSION said the Gorernment proposed to take the committee on the Testamentary Jurisdiction Bill on Thursday next, and the Appellate Jurisdiction Bill on the Monday following. THE CORNISH RIFLES. In answer to Mr. ROOARTES, Mr. PEEL explai: ed that the reason the 2nd Cornwall Itifi.2B were not employed on foreign service was, because their offer vcri made in May, 185 i, when the Gln,vernment had not the power of Londing the Militia out of the country. OUR AMERICAN REL kTIONS On the motion roigoinglntoCommittee of Supply, Mr. MOORE rose to move the resolu ion of whi, h he hat givers notice, on the subject of cur relations with America, but was inter ru;:ted by Mr. BROWN, who ripnealed to the hon. member, In the present etwe of affai a between the two countries, to withdraw his moti ,, n. Mr. CHi ETHA , A and Mr. J. EWART joined In the appea'. Mr. DIOORE nevertheess pro , ceded to move that " the conduct of Her Maje , ty's Government in the differences that have arisen betty. en ibis country and the United Stctes, on the question of enlistment, has not entitled them to the approbation of this House." The hon. member recapitulced the incidents connected with the question, contandit g that the neutrality laws of tte Uni!ed had been violated, Lut that the violation arose from an err, neous interpretation o; the law by Mr. Crampon and Lord Clarendon. From the circumstances of the case. he a.eued that the iiiitish Public had no right to complain of the dismistal of Mr. Crampton by the American government, but they had a tri,ht to call upon. Lord Clarendon and his colleagues to anwer for their policy, an din. this view he called upon the House to decioe upon the comiuct , of the Ministry. The AT tORNEY-GENERAL defended the conduct of the ministers, coltending that there had been no infringement of the muncipal law of the States. The law I.rovided that no foreign nation shoul.i enli,t into its service American citizms in the terri tories of America, or should persuade them to leave the States so to enlist, but it did not prevent them leaving the territories of the States to enlist, but he denied that it was the intention of the British t;ove , nment to enlist United States citizens into their services, but to offer facilities to d4lappointed emigrAtts and ex,leS to enter the Brit sh service. _ _ Sir F. THESIGER argued that though the British agents had taken care to keep within the letter of the municipal law of the United States, they had by the secret practicer ed the inter natl nal law. He contended that the Government of this country, and not the agents, who had been directed by them, was responsible fcs the humiliating position in which England had been placed. The hon. and learned member stated his intention of supporting the motion. . . . W. J. G. PHI LLI YIORE briefly V indicated the ministry Mr. H. BAILLIE spoke at gre'at length In support of the rest,- Sir G. GREY defended the course taken by the Government with regard to the retention of Mr. Dallas after the dismissal of Mr. Crampton. :fir JOHN WALSH then moved the adjournment of the debate. Lord PALMEHS FON oppeard the motion Upon a division, the nambers were— For the adjournment Against it.. ...... ... 110 220 Majority Sir J. WALSH supp, rted the resolution, as he I , okt d upon the retention of Mr. Dallas as an admission by the Go. ernment that they were in the wrong. On the motion of Mr. M. GIBSON, the debate was then adjourned. The Grand Jury Assessments (Ireland; Bill was read a third time and passed. The Exchequer Bills (ae4.000,000) Bill; the Drainage (Ireland) Bill; the Intestates Personal Estates Bill, and tile Dissenters Mar riage Bill. were respectively read a third time and passed. The House adjauruea at two o'clock. NOVEL MODE OF PASSING FORGED NOTES.-011 Wednes day the authorities received information that a number of forged £5 notes had been passed at Grimsby and other provincial towns by the following ingenious scheme :—lt seems that an individual calling himself John Ashton, of Denton, has visited Grimsby and other towns, announcing himself by placards, of which the following is a copy : " Great Pedestrian Feat.—Morrinson's Bowling Green, Fountain Inn, Victoria-street North, Great Grimsby. John Ashton, of Denton, champion of the world, has undertaken to walk four miles, fair toe and heel, in 30 minutes, and run a quarter of a mile and leap 10 hurdles in one minute." The novelty of the announcement drew many to the spot, and long before the day appointed for the race betting against Ashton's performing the task was extremely prevalent ; the fellow was accompanied by a fine-looking woman, dressed in a green silk plaid dress, and she freely backed the champion to win, taking the odds at 2 to 1 tor a sovereign, but always wanting change for a note to strike the money. On the day appointed for the match, Ashton disappeared, and those who won their bets were in high glee ; but their joy was quickly changed to mourning, by the discovery that the notes they had cashed were forgeries. GRAND TRUNK RAILWAY OF CANADA. — ln the Canadian Legislative Council, on the 11th ultimo. M r . C iyley moved the house to consider the propriety of grant i ng aid to the Grand Trunk Railway Company. Th e f u ll amount of the grant suggested wcs 10,000,000 dollars 02,000,000 sterling), on condition that it sho u ld b e laid out on certa i n sections of the road specified. Th e o b ject was to secure t h e province from loss, and to fi n i s h t h ose sections o f t h e l ine which, when finished, would make it a p a ying one at once. Formerly, advances had b een made for the construct i on of canals; but such lin es o f ra i lway commun i cat i on would be superior to all can a l s , b ecause ' they wou ld reac h places where the constru c ti on of c ana ls was impracticable. The t resolutions prop ose d b y Mr. Cayley were supported by Sir Allan Mac Nab, who expressed his belief that, if the provinco had to cont r ib ute even £5,000, 000 for the purpose stated, the outlay w ou ld be product i ve o f great a d vantage to t h e country., An ame n dment was moved by Mr.Sautield Mac cenl to the effect that the house on the resolution;,but that it be resolved that " i pedient to go into the great outlay proposed until t of Canada shall have an opportunity, at. a general of exp ress ing their opinion on a matter - that affect: financial interests of the province so much." On a div this amendment was lost by a majotity G f 59 to 33 votes. This was followed by a second amendment, m wad by Mr. Gamble, that a special committee be appoint e d to er quire into the Grand Trunk Railway Company, with pow-.r to send for persons and papers. Mr. amble's a.- was put to the vote, when it received 39 against 4b The original motion was then put, and carried, and the council went into committee for the consideration of Mr. Cay ley's resolution. `j O -P.