The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1863-11-10 00:00:00

NOTES OF THE WEAK.

The Bank of England have twice raised the
rate of discount during the past week, and it is
50 per cent, more than it was at the time of our
last issue. This. policy of the Bank vu both
timely and judicious. The object is to raise the
value of money so as to retain bullion here, and
to attract bullion from abroad ; for, as experience
shows, it is in this way only that we can sustain
the drain of bullion which oUr purchues of cotton
in the East, in Egypt, and other usual quarters,
have made requisite. The reserve in the bank
is only about • third of its liabilities, and had
not prompt action been taken there would soon
have been • very serious deficiency. There
probably was seldom a time when the general
mercantile business of the country was more
sound. If we except the starting of a few new
banks—which have scarcely commenced business,
and in which gamblers, who have bought up
shares at high premiums, will probably lose their
money—no over eager speculation in trade has
been indicated ; no trade has started into sudden
and perplexing industry; the general coarse of
industry has been steady, lucrative, and slowly
progressing. The cause of the drain upon us is
most natural and legitimate. We have had to
buy raw material in India and elsewhere, '
where they do not want our products, aml
where they am insatiably greedy of the prewous

'metal. In 0011111190601:4 we have had to send,
and still have to send, much gold and silver
thither. This drain, too, has been aggravated
by the bad management of the Bank of France,
in not providing in due time against a large
drain of silver to the East. If that Bank had
acted more promptly and more wisely, much
censure would have been saved and much diffi-
culty spared. True, we do not like to have
greater pressure in the money market than we
can possibly help; but a sharp remedy is some-
times beneficial. In the present instance the
pressure is not so painful, we trust, as to cause
reasonable alarm. As we have already said, as
far as the ordinary trade of the country is con-
cerned, the present pressure comes at a time of
strength ; we are fortified by an excellent
harvest; we are weakened by no vicious open-
ations, and we may therefore with confidence
anticipate being able to tide it over till the coffers
of the Old Lady in Threadneedle-street have
. . . .

been replenished.
What was foreseen in the Suez Canal enter-
prise has come to peas—dissension between the
Company and the Poch. of Egypt. The latter
peremptorily requires the company to employ
only 6,000 men in its works, to pay them at least
2 franks a day, and to abandon to him the ex-
tensive concessions of land made to it, in return
for which he propose; to take off ita hands and
pay for the Canal of soft water. The Directors
of the Company have just passed resolutions
rejecting energetically the first and last proposi-
tions, and insisting that the second one ought
not to have been made • but, nevertheless,
promising to pay more than they now do, in the
event of the average rate of wages of labourers
in Egypt being proved to be higher than theirs.
The company, it appears, expects the French
government to support its pretensions; in which
came there will be a conflict not only with the
Pacha of Egypt, but with the government of
Turkey, perhaps also with that of England.
The French Chambers were opened by the
Emperor on Thursday. So great was the anxiety
in London to get a glimpse of the speech, that
the special editions of the evening journals con-
taining it were bought up furiously. About the
Royal Exchange sixpence, and even a shilling
were, we are told, in many cases given for a
penny paper. In France it produced a painful
impression among the mercantile interests, as
it was interpreted, sooner or later, to point to
war. In an economic point of view the speech
is not very remarkable. It throws no light on
the financial situation, and does not say whether
a loan is to be raised or not; it, however, admits
that though the revenue has augmented, "the
hopes entertained have not been completely
realised." It proclaims that French commerce
and manufactures have been able to struggle
with foreign in spite of the recent tariff reforms,
and that the fears which were entertained
about the treaty of commerce with England
have vanished. In reference to matters of
foreign policy, it intimates by a most ex-
pressive silence that no intervention will
be attempted in America. The Pmperor
has not even expended on the subject one of
those ambiguous sentences with which be likes to
puzzle the listening world. On the other hand
he has not committed himself to the policy of
enthusiasm. There is a dangerous interest in
France for Poland. The democratic party are
strenuous for intervention there at an aid to
liberty; the Catholic clergy are anxious for it,
because it will create a new Catholic power in
Europe. An intervention in Poland, though at
the risk of a European war, would unquestionably
be popular with the great majority of the French.
But the Emperor does not say he will go to war
for Poland. He simply asks for a Congress to
settle, not only the Polish question, but all other
questions which agitate Europe, and abandons
his subject in a halo of indefinite threats. In
demanding a Convess, however, he demands
what has already been refused, more than once,
and what certainly cannot be granted—especially
NA he frankly intimates that his ideas of the
terms on which a settlement can be come to is
the legitimate pretensions of the "people's,"—
that is to say, of the doctrine of nationalitie's—
to be followed by a territorial modification of
Europe, necessitating "sacrifices" from almost all
the powers. And in presenting this unseasonably
demand, he frankly declares that the rejection of
it will warrant the suspicion that "secret designs"
exist among the Powers, and that consequently
the sword must be drawn sooner or later.

The Young King of Greece immaiabily on
arriving in his new capital issued a proclamation
remarkable for its modesty, brevity, and good
sense. Remembering that he is • young man, he
says he has brought with him neither ability to
govern, nor great practical intelligence, but a sin-
cere love for the people who have chosen him. He
promisee to try to love the customs of the Greeks,
to respect their manners and language, to govern
by the Constitution, to choose the most ex-
perienced men as his advisers, without reference
to old party divisions, and to make Greece the
model State of the East. Certa'.nly, the young
Sovereign has the good wishes of all Europe to
speed him in his task; and we trust that his
promises will be kept, and that prosperity and
happiness to king and subject will be the result.
Everybody knows that Jenkins of the Morning
Post, whom Punch has immortalised, was a
courtly if not a remarkably erudite man. But
what shall we say to his successor for his severe
censure of the Dean and Chapter of Peterborough,
because they paid, shall we say, divine honours
to the crown Prince and Princess of Prussia on
their visit to the Cathedral the other day 1 Cer-
tainly the Critic has made out • very good case.
The morning service had, it seems, actually
commenced when their Royal Highnesses
entered the Cathedral. On their outran°e the
service was suspended, that the organ might
play God save the Queen in their honour. We
suspect that like most people who are late in
church their Royal Highnesses would have much
preferred that no one should take any notice of
them : but the dignitaries of Peterborough,
Cathedral may possibly have been better in-
formed. We venture, however, to say, that
churches were not erected for the worship of even
the most estimable of Kings and Queens. More-
over, the Dean and Chapter of Peterborough
might have remembered that Queen Victoria
has seldom bestowed favours on sycophants.
Friday next is the day appointed for the public
meeting to consider the propriety of erecting •
monument to the late Lord Clyde. The Duke
of Cambridge has consented to preside, and there
will, doubtless, be a large and influential meet-
ing, and a goodly subscription list. Lord Clyde
had no special clique of friends as many more
, showy heroes have had; but of his steady ad-
mirers their name is legion, and of personal
I enemies he had none. Of him, as of the great
captain whose remains have rested ten years
I under the dome of our metropolitan Cathedral,
it may be truly said that "the path of duty was
his way to glory."
Emigration from Ireland to the FoderalStates
of America is growing more and more alarming,
and even the landlords have met to inquire if it
cannot be checked. Tho rage, however, have
seized the people. They can got £lOO each for
enlisting in Lincoln's army, and if they choose
even the more quiet walks of life, in consequence
of thousands who have been killed in the wicked'
war, there are plenty of openings for them in the
labour market. The probability therefore is
that the exodus now going on will not be checked
before so many of them have departed that the
greater part of the country will by necessity, and
from want of labour, be converted into sheep
walks and pasturage. Then perhaps the English
peasantry and small farmers may find it to their
advantage to go over and hold, the land, and
thus " Ould Ireland" be a second time colonized
from Britain, but this time completely.
The gales which have lately prevailed have
been attended with accident, more or less serious,
not only all round our own coast, but also on the
coast of France and elsewhere. At Lloyds, on
Tuesday, it was noticed that no less than 52
vessels had been wholly lost in the short space of
three days, and with them many a brave fellow had
sunk in the depths of the waters, or thrown cold
upon barren rocks, or upon sandb•nks as desolate.
It is said that many of these disasters are occasioned
from the unseaworthiness of vessels employed in
our coasting trade; if so, it is high time for our
legislature to step in and enforce • stricter super-
vision by Act of Parliament.

DOSCH'S/MR.—Preen= Oonie limier, Satur-
day, November 7.—Wheat trade very dull at late raise.
?nate samples of mating barley coGiummuled previous
week's prices; grinding ditto, Is. to 2.. cheaper.
Cowiiasios 8101111:1 IT THE LOID.LIKINISAXT.—
Dorestabir• Regiment of Militia: Edwin Burnett,
gent., to be Lieutenant, ries Ilraggge, rawigne4.-4th
Davetahire Bide Volunteers: Frederick John Butte,
Reg., to be Captain, vice Parr, deesaaeL
ALL BellTe' CliCteßli ---SeeTnons will be preached in
this church on Sunday neat, when collections will be
made Warw.& defraying mundry expenees in connection
with the Sunday evening minima
Bowman Parry Smaioas Mooday. —Before the
Mayor. and Mr. Devenish, R. Dame, and J. F.
Hodges, tiqrs,
firiumse Burn. —Rioliard Snow. • young map,
who mid he ohms from Exeter, win brought tin in
custody charged with stealing • loaf of breed from
the shop of Pusan Kama —A boy, mimed Ballshnl7,
mid he mu priming on Baturda3r seeping Pertl7
odor prosseatna's shop and molt hie Mud over the

°ouster and deal • loaf. He Hien leH aad begot
eating the bread. The lad told proseautrix of it,
when she told him to run after prisoner and bring
him back. He returned, when prosecutrix asked
him if he had any money to pay for the bread, when
he replied that he had not. Sbe then gave him the
bread and told him to go on Lis way, and not to steel
again. This prisoner declined doing, saying he
wmtad to be locked up, and ultimately this was
done. Prisoner said he was almost starviaty and
had n° Ploov to go to. He had been at the nion
the night previously,
again. —Soutaoced to seven day's imprisonment with
hard labour, but he could not be admitted

Arnia•rios.—A young man, DaMOd SDASOD
Sasnways, • baker, in the employ of Mr. Nutting,
South-street, woe summoned by Esther Jane Allimb)
show canoe why he should not contribute towards
the support of her illegitimate female child, of which
she alleged be WU the father. —Evidence was gone
ointoflats. great
alenwgtheeLtd hlthr.e WB:ctohnmaadppear"erlordfoerr
plaintiff, and Mr. Howard for defendant.
UlTr r •wers' Day.—The streets of this borough
were, on Thursday evening lest, inundated by an
innumerable body of" roughs," arrayed in all kin„,
of garb, congregated, no doubt, to commemorate we
above event, and held undisputed sway of the town
to the no small oonsternation and alarm of the
peamably disposed portion of the inhabitants. Being
armed with bludgeons of a formidable character,
impresses one with the notion that Of any effort had
been made by the authorities to check the assembling
of such • lawless body), the results are beyond
divining. Mobster burning tar-barrels were drawn
through the streets, endangering the safety of the
inhabitants ; mad an effigy of one of the "guardian.
of the peace" was likewise paraded through
the town. Altogether the proosedings were of
a most disgraceful nature, and which we trust
"the powers that be," will spare the inhabitants
the mortification of again witnessing by timely
precaution. . _ .

. -
Tar Waarnea.—The reading of the thermometer at
Dorchester for the part weak is ea follow..—

114 • State of
Dic .1,1 Direction
tea Noon lz of Wind. Weather.
Nov.
2 48 40 W k NV7 Cloudy, rain
3 52 52 W lliaty,drizzling rain
4 58 ; 53 W Gloomy
5 56 145 W Gloomy
8 48 45 E Gloomy
7 55 I 51 W Gloomy
8 53 141 Wk NW Driuling rain, fair
COII,IIISPONDIXO Will LAM =AI.
2 59 34 NW Foggy, 6ne
3 55 48 NW k 8 Foggy, fine, cloudy
4 55 44 NNE Rein, misty
5 47 30 N Dull, drizzling rain
6 40 35 NW k NNE Foggy, gloomy
7 44 29 NNE Fine
8 48 42 NW k W Fine

COMMITTED TO THE DaIBET COUNTY GAOL.—
&snow : William Long, John Wilson, and John
Morris, stealing gold and silver watches at Weymouth ;
Joseph Legg. obtaining money and ham lihara.risii.lse pre-
tences, at Weymouth. Hard Lobes, Brown,
vagrancy at Weymouth, 14 days; Elisabeth thews,
vagrancy at Portland, 3 months; Selina Lock, vagrancy
at Portland, 14 days; George Hammond, vagrancy at
Back horn Weston, 14 days; Charles Jackson, vagrancy
at Bockhorn Weston, 7 days: John Tatton, vagrancy
at Buckhorn Weston, 21 days; Jonathan Fudge,
poaching at Belchalwell, 3 months ; James Burke,
vagrancy at Shaftesbury, 1 month; Jobs Jones, rag-
rency at Chartninater, 1 month; John Jenkins, vag-
rancy at Portland, 14 days: Henry Spencer, breaking
window. at Weymouth, 2 month.; Henry Curtis, mis-
behaviour at Shaftesbury Union. 1 month ; James
Crichton, breaking windows at Weymouth, 1 month;
William Smith, vagrancy at Wimborne, 1 month;
William Brown, refttaing to go on board his ship, the
"Jane and Bather," at Weymouth, 12 weeks ; Henu
John Manning, stealing an Iron chain at Burton Brad-
stock. 14 days; Samuel Gillett, Ntraling an overcoat at
Steeple, / days; Sarah Rayner, stealing a jug and glass
at Weymouth, 1 month ; George Medway, stealing a
gold pin kn., at Wimborne, 3 months.

V.4IIIDCy
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