The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-07-17 00:00:00

RAILWAY

Ambergate,Nottingham,----.."-
and E. Junction 4.* I
Caledonian
Do. Preference
Eastern Counties
East Lancashire 76 8
Edinburgh & Glasgow 57 9
Great Northern 9l 2
Do. A. 7O 2
Do. 13. 126 8
Great Western
Lanc.and Yorkshire Bll /
Do. Fifths —
Leeds Northern l3i 4*

LAND SHARES.
Australian Agricultural 28 9 (Peel River
S. Australian Invest.... N. B. Australian

Crystal Palace

On 'Chang7, Tallow, 535. 3d. to 535. 6d. on the spot; Lin-
seed Oil, 421. 9d. to 435.; Scotch Pig Iron, 735. 6d. to 745.;
Spelter, £23; Tin active, and Banca, 1155.; Cotton quiet;
1,000 bags df Native Ceylon Coffee sold at 48s.

LONDON Conx MARKET.—(From Kingsford and Lay's
Circular.)—A better attendance than of late. The supply of
English Wheat is small, and sold at is. to 2s. over the prices
of Monday last. A similar advance in general qualities of
Foreign, but fine commanded a greater improvement ; buyers
are, however, cautious. Barley, Beans, and Peas bring last
week's prices. Oats are slow of sale at 6d. decline. Country
Flour brings an advance of is. to 25., but other sorts are un-
altered. ARRIVALS.
English. Irish. Scotch. Foreign
Wheat 5147 9450
Barley 1436 7564
Malt 7368 • 66
Oats 306 170 41 49987
Beans
Peas
Flour

2592 eke. &
155 brie.

METROPOLITAN CATTLE MARKET.—Trade is dull for all
sorts, and Friday's prices are barely maintained :—Beef, 4s. to
6s. ; Mutton, 4s. to ss. ; Veal, 4s. to 55.; Pork, 3s. led. to
4s. 10d. ; Lamb, ss. 441. to os.—Beasts, 3,309 ; Sheep and
Lambs, 24,242 ; Calves, 242 ; Pigs, 750.
LONDON PRODUCE MARKET.—No change in value. Sugar
is wanted, but Tea, Coffee, and Rice are dealt in cautiously.
Linseed Oil, sales at 425. 9d. to 435. Few sellers of Saltpetre,
at former prices. Tallow brisker : new P. Y. C., 535. 3d. to
535. 6d. on the spot.—Stock, 44,824 casks, against 34,288 casks
same time last year; deliveries, 1,295 casks, against 1,109
casks same time last year.

3TA.NCIIESTEIL STOCK EXCHANGE.—Lancashire and York-
shire, 81i ; Manchester, Sheffield, and Lincoln, 254- f,-; South
Eastern, 18 7-16.

GLASGOW PIG IRON MAR ET.—Market dull at 745. 3d.,
sellers ; no business.

LATEST SHIPPING INTELLIGENCE.

Cocanda, of Madras, totally wrecked at Coringa, May 31.
Earl of Derby, from Bristol, at Calcutta, June 2—mus
dock after discharging.
The Golcondar, from Callao, and Aspasia, from Trinidad—
at Deal, 16th ir.st.

HOUSE OF LORDS.

MONDAY.

The Royal assent was given by commission to a number 01
bills.

A long discussion took place upon the presentation of a
petition from certain native inhabitants of the presidency of
Madras, praying for a change in the mode of Indian govern-
ment.
The bills on the table were advanced a stage.
The House adjourned at 6.55 p.m.

HOUSE OF COMMONS.

MONDAY.

The house met at four o'clock.
Mr. Grenville Berkeley took the oaths and his seat for
Cheltenham.

The house was summoned to the House of. Lords, to hear
the royal assent given by commission to a number of public
and private bills.
Lord J. Russell entered the house shortly before half-past
four o'clock, and took his seat at the back of the ministerial
benches, just below Lord Seymour.
In reply to Captain Duncombe, Sir . WOOD said the
release of the British officers and seamen taken at Hango had
been formally demanded on the part of Her Majesty's govern-
ment, but no answer had yet been received. The prisoners,
he understood, were well treated.

Lord PALMERSTON, in answer to a question from Mr.
Moffatt, stated that, it would not be for the interests of the
public to place the Post-office upon the same footing as the
Customs or the Excise ; and, on consideration, he saw no rea-
son for proposing such a change.

Captain DUNCOMBE asked the noble lord whether, at any
time, a subsidy was contemplated for Austria by the British
government ?

Lord PALMERSMN replied : No, Sir ! Never !
LORD JOHN RUSSELL'S EXPLANATIONS,

On the motion that the order of the day be postponed, for
the purpose of proceeding with Sir E. B. Lytton's motion,
LORD J. RussELL rose and said, that on Thursday last he
had stated to Lord Palmerston that he wished to retire from
office, and he had to state that Her Majesty had been pleased
to accept his resignation, and he now held office only until
his successor was appointed. He then entered at great length
into an account of his proceedings at ;Vienna, and upon his
return, observing that it was true he had promised to lay
before the Government in the most favourable manner the
propositions that had been made to him by Austria. He
did so in conjunction with other persons of great weight and
authority, and acted in conjunction with the Ministers of Fo-
reign Affairs for France and Turkey. He brought this proposal
to this country upon the 29th of April. On the 30th, a Cabinet
Council was held, the result of which was that the propositions
not adopted by Her Majesty's Government. He then justi-
fied his conduct in recommending the adoption of these pro-
positions, his
opinionposi tion
os ,f
their
merits;that
and
the rejection
t oof
Mr.tileni Dis did
rael notobjections a
replied
that if they were received, there was no great issue at stake
to justify the exertions which this country was making to
carry on the war. It was because the war was necessary that
these exertions should be made, and he was the bearer
of the propositions because he thought they were at that
time fit to be accepted. He appreciated the magnitude of the
peril to Turkey; he conceived the power of the project of
Russia to be such that it was necessary, if possible, to combine
all the great powers of Europe against her, in order that peace
might be secured. Such was the foundation of his opinions—
not formed suddenly upon the merits of the proposition; but
when Lord Westmoreland wrote, on the 16th May, a despatch
stating that the Austrian Government conceived they had
fulfilled the conditions of the treaty of December 2nd, and
that they would not make the refusal of Russia to accept the
proposition A casus belli, but only a ground for breaking off
the Conferences. When the government received that de-
spatch, there was no doubt, on their part, that it was not
worth their while to go into Conference to support a propo-
sition of the kind there stated, which was less favourable to

the Allies than that proposed by M. Dronyn de LhuyS, which
it was nearly certain, Russia would reject, and which Austria
would not go to war to support. From that time, therefore,
there was altogether an end to negociations with Austria
for the purpose of proposing an ultimatum to Russia,
and that , the war must be continued in order to
maintain the obects of the Allies. It had been made a
reproach to him by Mr. Disraeli and others, that though he
had been the bearer of the Austrian propositions, he had
spoken in favour of ta vigourous prosecution of the war. He
could not see what else he could possibly do. The govern-.
ment had determined that the negotiations must be put an
end to, and what other means were there left for obtaining
for a solution to the third point. The government were
quite right in not making a communication to the house of
the Austrian propositions at that time. The decision of
Austria not to interfere by force nor to move her armies upon
Russian trritory, but on the contrary to withdraw from any
participation in the the contest, and even to diminish and
reduce here froces having been taken, it was evident from that
moment that Russia which had been threatened, and has felt
the pressure of the great increase of the Austrian army, feel-
ing that preessure taken off, would immediately feel herself
at liberty to detatch some of the best troops in her army.to
the shores of the Crimea, to oppose the armies of Great Britain
and France, render these circumstances, it would have been,
most unjusti liable for the government to have stated prema-
turely the decision of Austria not to propose an ultimatum to
Russia. He could not conceive a greater dereliction of deity in
such acase. The noble lord further defended his opinion in this
respect, adding that the government were united in the course
that bad been taken. He further stated that when Mr. Gib.
son brought forward his question last Friday, after all that
had then occurred, he should have been totally unworthy of
his opinion if he had shrunk from meeting it with the expla- _
nation which he then made. What else could he do than own
and admit the part he had taken in these transactions. He
should have been ashamed of himself if he had denied that
which he had done, and that whieh was his conscientious
opinion. The hon. haronet (Sir E. Lytton) thought that the
course he had taken was a ground for want of confidence in
the whole Administration, and he was of opinion that becanse
he (Lord J. Russell) held these views in May, he was incapable
of serving Her Majesty. Now that impression appeared to
preuail generally, and he consequently thought it necessary to
tender his resignation. Lord Palmerston having taken this
course, he did not feel at all discontented with the position in
which he found himself. He saw no reason to do so. He had
always acted from what he believed to be for the benefit of the
country. He had turned over this question again and again
with a view to the public interest. He had advised that
which he thought expedient for the eountry, and, whatever
might happen, he had the satisfaction of having acted accord- •
ing to his conscience.