The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1864-05-03 00:00:00

Pub& deposits
Priests dsposits 12.620,036
Bevsaday bills

while the Misetve of notes and coin is only
£6,261,541, or leo than one-third. Can it be
said that the circumstances of the time are so
specially favourable' so calculated to inspire con-
fidence and security, that the Bank of England
need keep less than its ordinary reserve 1 on
the contrary, we believe that the peculiarities of
the moment are decidedly adverse, and that there
is rather reason for the Bank holding more than
less than usual." The cause assigned for holding
this opinion is, first :—that there Is likely to be R
very considerable drain of bullion to the East
and other countries, to pay for cotton which we
have either hugest or ass shout to buy and,
secondly —that In consequence of the quantity
and quality of new enterprises that have recently
been undertaken—the Banks and Credit Com-
panies that have commenced work •, the rapid
overflow ot odr foreign commerce, there is great
apprehensions of a derangement of credit. The
editor, therefore, expresses a hope that there
will be no unnecessary delay on the part of the
Bank of England in raising their rate, and in
protecting their reserve. We do not wish to be
alarzaists, but there are three unfavourable inci-
dent,. Our bullion is likely to be drained
to pay for cotton; our cripihil is likely
to be absorbed by our rapidly-augmenting busi-
ness ; our credit is likely to be endangered by the
unwise advances of new lending companies
Surely, in the face of such prospects, the utmost
caution is needtul on the part of the Bank of
England, and on the part of every one.
Lord Palmerstou's absence from the Hones of
Commons during the past week will not have
escaped the notice of the general reader. His
Lordship has been confined to the house by an
attack of his old enemy, the gout. It is reported
that his general health continues , but
these repotted and closely remitting attacks are
regarded by the physicians as very serious, even
though they should not have been severe.
Letters from Constantinople announce that •
battle has been fought between the Circsasiane
and Russians. in which the former lost 1000, and
the latter 1500 men. The war of independence,
after a gallant stand of thirty-five years by the
Circassian', Is therefore at an end. The
' Circassians are now negotiating with the Turkish
Government, for permission to settle in Turkey,
and the Porte has taken steps to protect the un-
fortunate people. Owing, h ,10 the ex-
tent of the migration, for which no preparation
had been made, crowds of fugitives have been
seised with sickness, and are dying in great
numbers.

The French army in Algeria has sustained
another disaster from the treachery of the Arabs.
Colonel Bosupretre. at the head of 250 Tarcos,
Spahis and Auxiliary horsemen, started from
Ttaret on the 84th of March, in pursuit of Sid
&Liman, the son of a leading Chief of the South,
who died suddenly three years ago, during a sea
voyage from Oran to Algiers. During his march
he was surprised by 10,000 or 12,000 Bedouins,
who suddenly fell on his troops at day break,
and destroyed them all, not leaving one survivor
The Arabs subsequently decapitated the bodies.
It is feared that this surprise marks the com-
mencement of another insurrection of the Nomad
tribes in Algeria. Disturbances of a serious
kind have also broken out in Tunis. The tribes
are all in • state of insurrection, and refuse to
pay the taxes. Some allege that it is owing to
the Bey having trebled a taa on the inhabitants,
though others connect the rising with the out-
break of the Algerian tribe. against the French.
Some English, French, and Italian war ships
have been despatched to Tunis to protect the
subjects of their respective Government' should
the insurgents attack the city.
From America we have news up to the 20th
ult., from which we learn that on the morning
of the Bth, a severe engagement took place
between the advance of General Banks' army,
and the Confederates, at Pleasant HUE, beyond
Grand Ecore, Louisiana. The Federal Cavalry
in front were routed; causing • demoralised
retreat of the infantry in the rear. The 19th
army earns then advanced, checking the Con-
federate progress. Banks' army has fallen back
to Grand Rowe. The Federal& estimate their
loss at 2000 men, and one battery ; the Con-
federates, however, estimate the Federal loss at
14,000. A large number of wounded have
arrived at Baton Rouge. General Lee is said to
have crossed the Rapidan. The Federals have
been driven firm Big ,Black River, with
the be. of several hundred prisoners.
In Re ;Cocky Forrest has defeated the Federal",
a large body of whom, including some black
troops, surrendered at Fort Pillow. Report
states that the Confederates stained their victory
by a wanton slaughter of the garrison after it bad
surrendered; but as this is an enemy's account,
it must be received with great suspicion. Gold
has risen to • higher premium than ever, and
something like & panic prevails, and will no
doubt continue, unless Grant, who has joined
the army of the Potomac, doss something very
decisive. In the mean time mama meetings are
frequent among the working men in the North,
and "strike." are daily taking piste, in order to
procure an advance in wages proportionate tic
the depreciation of the currency. The House of
Representatives has been occupied with the dis-
cussion of a motion for the etpulaion of two of
its members, who bad eXpressed opinions adverse
to the war, and in favour of the recognition of
the Southern Confederacy. The motion for
their expulsion was negatived, bet rotes of
censure were agreed to in both ream
Mr. Newdegate's measure for the commutation
of church-rates was rejected on Wednesday by
the House of Commons. The debate was
interesting, and presented some nottPiecittby
features. The bill proposed to substitute for
church-rates an annual church charge of two-
pence in the pound, to be deducted by the
tenant on paying his rent. The amount Stub
collected would be placed in the hands of the
governors of Queen Anne% bounty, as trustees.
Some other regulations were comprised in the
bill, and Mr. Newdegate said the measure, if it
imams law, would place church-rates on the
same footing as tithes, which were now collected
without • murmur. He had ascertained that
the amount now raised for chlitehratee was
about £:10,000 • year; and the bill would miss
exput the same sum. Sir Charles Douglas, who
has succeeded Sir John Trelawney as leader of
the Anti-church-rate party, opposed the bill.
He thought it was • question winch could only
be properly dealt with by ministers for the time
being, and the only likely basis of any future
measure was the total abolition of the rate.
Lord John Manners and dir Charles Wood
advised Mr. Newdegabe to withdraw the bill,
but be declined, and OD • division, the Nome
declined to allow the seated reeding by 180
votes to Ink
Men who have passed their lives at home can
have but crude ideas, at best, of the disparity of
rams maLifested in many countries., where the
savage and civilised, by energy and enterpalus of
the latter, and by the accident of thwomata
era couirrlled to mate teethes.. It is at best
but an ill-assorted union. The European cannot
descend from the elevation assigned him by
education and habit ; this ewe degraded ram
has seldom riwer, if even it had the inclination,
go win its way upward; kenos a natural
antagonism arises; hence the implacable VW Ot
rues, that has led to the utter extinction of
many tribes of Red Indians in America and
eiker parts of the world, where the European
ihmil has, stubiddeo, trod. To say, therefore, that
thelkitish settler and the native of New flea-
lewd, pomeseing neither instinct nor ressosig
paws% not moral ideas of law and order, in
etseeem, should be pieced on a level.
egto come vadat the same law, without
hest referents to their diEfferiar of
nittimal position, 1 to throw the mall
elm* of settlers Wink ePee the 041117
et the natives, who, during the •
a the grime war, have shown themselves,
&spite the beset of emiversion to ahrkilienith
' barbaccate and blood-thirsty rue og maim