The Daily Times.
Liverpool, Merseyside, England, 1861-01-24 00:00:00

Letters from Turin state that the Princess Clo-
thilde, whose .arrival there with Prince Napoleon
is expected in a few days, will probably pass the
winter in the capital. The belief is that the
Prince is entrusted with some mission or secret
negotiation relative to the evacuation of Rome.
Both the government party and what is called
the party of action in Italy seem to have their
attention diverted at present from Venice to
Rome.. Some important step is evidently expected
at an early date with regard tb the latter city,
Francis 11. still holds out at Gaeta, spite of the
shot and shell of the Piedmontese, "If I fall,"
he has said; " my death will be the most glorious
claim on the niemory of posterity; if I ant taken;
thy honour Will be safe, and I shall not have
sacrificed the rights of my successors.''
The Danish Government, in continuation of
their warlike preparations; have ordered the
equipment of a steam squadron of 22 vessels, and
a reserve force of 890 sailors to assemble on the
Ist of March. The Government also announces
that they are willing to receive merchant captains
into the training school for the. Royal service.
On Wednesday an important educational con
ference was held at Birmingham, at which Sir
John Pakington, M.P., presided, and there were
also present the Earl of Shre*sbury and Talbot;
Lord Lyttleton, Lord Ingestre, Mr. Hill; the
Recorder of Birmingham, Miss Carpenter, Mr,
Scholefield, M.P., and other friends of education.
The object of the meeting was to discuss the
4ilestion of .providing for the eddeatiOn of 'leg-
leeted and destitute children, and to agitate for a
renewal of the Government grant for ragged
schools and other establishments of that nature.
The conference was very fully attended, very
great interest being manifested in its proceedings.
The chief Speakers *ere the chairman, Mr, Re-
corder Hill, Miss Carpenter, Dr. Guthrie of Edin-
burgh, and Lord Lyttleton. Resolutions, expres-
sive of the objects of the promoters of the meeting,
were unanimously agreed to, including one to the
effect that it was the duty of the State to give
liberal financial aid to such schools, availing itself
a iii the tam) of terokrOatoiies, of that voluntary
effort which is an essential condition of our suc-
cess ; and a committee was appointed to carry
them into effect.

On the same day a public meeting, held a

Gloucester for the purpoie of establishing a Rifle
Associatinti for Glotictstershire; including the.
cities of Gloucester pnd Bristol, at which Earl
Ducie, .the Lord Lieutenant, presided, was ad-
dressed ,by the Earl of Ellenborough and Mr..
Sotheron Estcourt. The rules of the propOsed
association, the main feature of which is an
occasional rifle contest for members of the corps,
and special prizes for all comers, were agreed to
amid loud cheers. Lord Ellenborotigli, in the
course of his speech, observed, with reference to
the present political aspect of affairs on the Con-

tinent, that he could not believe there was in the

country any man who did not desire the per-
•manence of the volunteer movement, for he
believed that on it depended the future security

of the country ; and his lordship added that the
reasons were much greater now for desiring its
permanence than when it was first established.

It is remarked with reference to the attempted
explanation which we quoted yesterday from the
Times, with regard to the efflux of £3,000,006
gold to New York, and the effects it has produced,
that it has not been very satisfactory to those who
have watched the current of events, and who
remember the predictions uttered by the same
authority. Gold has gone to this extent, and
the shipments which have been made have
realised a profit ; and at• present no parcels have
returned, as they did in 1857, unpacked, with the
loss of freight, insurance, &c. A considerable
portion of the amount has been absorbed in the
payment of cotton and breadstuffs, and though
the money market at New York has been
put in a better condition in consequence of these
imports, still the balance of trade is against us.
The seriousness of the situation is not yet wholly
averted; and much disposed as most people may
be to await quietly the issue of the question, the
fact that it arises from political agitation of the
most dangerous character, and not from financial
disorganisation, ought to be carefully taken into
consideration. As to the parties who have
shipped bullion, the list, it was supposed, included
the principal American houses in London, Liver-
pool, and Manchester, but if other establishments
also have taken up these operations, all that
can be said is, they appear to have been more
farseeing than their neighbours.
The London Court of Bankruptcy, on Wednes-
day, was again occupied the entire day with the
great leather case of Laurence, Mortimore, and
Schrader. Mr. Karslake addressed the court, on
behalf of the assignees, at some length, and
expressed the satisfaction the assignees felt
at the manner in which the bankrupts had
conducted themselves since their bankruptcy.
Mr. Watkyn 'Williams, on behalf of the
London and Joint-stock Bank, the Bank of Lon-
don, and other opposing creditors, also made a
few observations upon the case, denouncing the
bankrupts as fraudulent traders, and calling on
the commissioner to refuse their certificates
entirely, and thereby prevent them from again
entering into commercial pursuits. Mr. Link-
later, on behalf of Messrs. Leyland and Bullen,
the Liverpool bankers, followed. He continued
hiS address yesterday, and was speaking at a late
hour in the afternoon.

At a meeting held in London yesterday of the
creditors of Messrs. L. Rodocanachi and Co.,
Greek merchants, who recently suspended, it was