The Daily Times.
Liverpool, Merseyside, England, 1860-04-25 00:00:00

Baltimore.

Pig Iron, Bars, )
Rails, &s
Chemicals and j
Fine Iron ....
Salt .
Dry Goods '
Hariwaie
Earthenware
Passengers

s. d. s. d.
15 0... 0 0

0 0...17 6

s. d. s. d.
15 0... 0 0

0 0..17 6
nominal.
0 0...20 0
0 0 ..20 0
0 0... 7 6
ES Os.
Gross.

s. d. s. d.

20 0.., 0 0

20 0...22 6
nominal.
20 0...25 0
0 0 .23 0
7 0... A e
£3 10s.
Gros!.

nominal.
20 0... 0 0
20 0... 0 0
0 0... 8 0
£5 Os
Nominal.

LONDON, TUESDAY EVENING.

In the LONDON MARKET for ENGLISH STOCKS,
to-day, there was little business doing, and it
continued dull throughout the morning, though
no actual depression in prices resulted. Consols
opened steadily, and are now quoted firm at 94i
to for money, and 941 to j for the account.
Bank Stock has been dealt in at 2241 224 and
224 ; Reduced Three per Cents., 931 and 1- ;
New Threes, 93i I and 93 ; India Debentures,
97 and 961; Enfaced Rupee Paper, 98i ; India
Bonds, under £l,OOO, 5 die. ; and Exchequer
Bills, 6s 8s and 10s pm.
The Funds closed at the following prices :
Console, Money
~ Account . . ,
Exchequer Bills
Bank Stock 214 6
Three per Cents
The following appeared in our second edition
of yesterday :
It is said at Berlin that arrangements for a Russian
Loan of £8,000,000 have been effected with Barings, of
London, and Hope, of Amsterdam.
The Herald says that, with the subsidence of the
appichension created by the recent struggle between
the Bank and the discount interest, the value of money
is rapidly falling. Instances have occurred of short-
dated bills being negotiated at 41 per cent.
The shares of the Union Bank of London have fallen
£5 since the discovery of the cashier's defalcations. The
pass-book
frauds were carried on by means of a forged
representing the account of the Union Bank
with the
Bank of England. There are various rumours as to the
deficiency. The amount is from £50,000 to £200,000.
The Stock Exchange to-day was remarkably dull,
The funds did not experience even a fractional varia-
tion. In the share markets, in nearly every instance,
prices were nominally unaltered, business being almost
at a standstill. The commercial demand for money
was rather slack. The best short paper was diseounted
at 41 to 4,:-3 per cent. At the Bank the amount of busi-
ness was only moderate.—Daily News.
s opened
less a
fim
thissubsequently
tionalr
The
improvement,Engshf
and
but were
There were few applications at the Bank for discount,
and the next Gazette returns are expected to show a large
increase in the reserve. It is doubted, however, if any
immediate reduction will be made in the minimum rate.
In the open market the supply of money is good at 41
per cent. There were no transactions in bullion at the
Bank.—. Times. •

The LONDON RAILWAY SHARE MARKET to-
day was very quiet, with a tendency to heavi-
ness, though not of an important character.
Great Westerns are officially quoted 69 and 6S
London and North-Westerns, 991 and 41-,, and 99
for money ; Midland, 1151; Lancashire and
Yorkshire, 1041 and 2 ; South-Easterns, 871 87
and 871; East Indian have declined to 1011 and 1.
Victoria Debentures are firm at 1051 tot.

Indian Five per Cent. Loan is at 106 to 1061.
Brazilian Scrip is steady at dis. to par, and
Canada Scrip, 3 to 1 pm.

The following appeared in our second edition
of yesterday :
The raZway market has been without the 3lighteet

'tipping nterTigruct.

Wind yesterday, 9.E ; at Holyhead, E.N.E.

April 23.

Coniston, Gordon Colombo
James Carthy, Langlake,
Buenos Ayres
noteworthy, Berriman,

New Orleans
Mimosa, Hugo Maranham
Isabella, Webster Barbadoes
Phenix, Graves Antigua
IL H. Dixey, Dixey Mobile
Tornado, Morrison ...Bombay
Joseph Tarrett, Brown,
New Orleans
Condor Rostock

April 24.
Recipi•ocity Monte Video

Frank Pearce, Leach,

New Orleans
Alma, Wilson Mobile
Eugene, Halewyk Ostend
Young Sam, Merriman,
New Orleans
Willard, Mitchell... Charleston
Medallion, Theobald,
Charleston
Menapia, Cahill Savannah
Belize
Suomiter,Quickstrom, Paraiba
Queen of the West, Barry,
Mobile
Pere Benjamin Nantes

April 23. April 24.
Victory, Learty Nice I Monarch of the Sea, Gardner,
W. Casey, Edwards, Cronstadt Bombay
Granite City, Wicks... Calcutta Tropic, Nowell, San Feanciage
Verandah, Monson, Stavanger Wm. Cole, Tothill ...Calcutta
Antilla, Tallentira, Rio Janeiro Nemesis (ss), Morrish,
W.IS. Lindsay,Gray, New York Bordeaux
Earl Mulgrave, Meredith, Wm. France (as), Harris,
Newfoundland I Bordeaux
Surinam, Cook Petersburg Excellent, Bache Aden
Breeze, Surridge, Liberia, Johnsen Aden
Newfoundland Commodore Perry, Kiddie,
Battus, Humphreys Melbourne
Newfoundland Armenian (ss), Wild ...Africa
Karma, Olsen Narva Arran, Cumnaing Quebec
Jessamine, Tate Gibraltar E. A. Soullrrd, Sules...Quebec
Emma Co, ley, Page Cadiz St. Bede, Lamb, Buenos Ayres
Capella,%Medewald Danzic Eilen, M'Garry Aden
Solferino, Curres...P. E. Island Storm King, Guahrie, Bombay
lonia (ss), Bates ... ...... Genoa Electric Aden
Lea Maria, Martinolich, Malta Perzagno, Lazan Malta
FOREIGN PORTS.

Cervantes (se), Tono, hence at Cadiz and left fcr Malaga.
Kirkham, from Demerara at New Orleans.
Foxhound, Sims, from Licata; and Alwine, Betts, from
Trieste, beth at Gibraltar and cleared for Liverpool.
Choice, Park, hence at Manzanilla.
Marie Antoinette, hence at Nantes.

Anna, Lahaye, hence at Paimbceuf.
Honour, Bngge, from Rouen at Mavre for Liverpool.
Osprey (ss), hence at Helvoet.

SPOKEN.

City of Lincoln, bound west, April 15, 45 miles E.N.E. of Cape

Clear.
Home, bound west, April 15, 43 miles 8.N.E.10f Cape Clear.
Minho (sc), bound south, off the Rock of Lisbon.
William Woodberry, bound west, off Tuskar.
Assaye, Bombay for Liverpool, Feb. 18
Intrinsic, bound east, April 6
New Margaret, London for Adelaide, March 6
Parker, (1 Liverpool, bound west, April 13

Queen Slab, Ap;il 16
Rangoon, hence foa Singapore, March*
Solent, Shanghai for London, March 21

OUTPORTS.

..35 5...20 E.
...44 N... 46 P.
..11 S . 23 W.
.. 48 N. .10 W.
...52 N... 6 W.
..11 5...29 W.
21 5...43 W.

Queen Victoria, Peat, from Calcutta; and Caries, Mundaca,
from Havamiah, both in the Channel.
Saliue, Petit, hence off Dover for Antwerp.
Pere Benjamin, from Nantes off Dunmore for Liverpool.
La Hogue, Williams, from Sydney off Dartmouth.
DEAL, April 24.---Arrived and passed: Ulysses, from Lon-
don to Calcutta; Isabella Blytb, London to Mauritius ; Diana,
Cagliari to Elsinore ; Henry Gillespie, Australia to London ;
Amelia, Cardiff to Cronstadt; Jemima, Bordeaux to Sunder-
land ; Walter Scott, London to Baltic.
Ga.svr.sitsn, ;April 24.---Arrived: Cclumbia, from New
Orleans ; Bertha, and Brilliant, Guernsey; Swallow, Aarhus ;
Lorment, :Mauritius ; Horatio, Porto Rico ; Uthla, Demerara;
Hope On, Berbice. Sailed: Rainbow, for Rotterdam; Pan-
ther (s), Boulogne; Bellona, Caroline, and Chipucto, Jamaica :
Far West, Bombay; Inigna, Demerara ; Queen Vicloria, Cal-
cutta; La Hogue, Sydney; Mania, Rio Grande.
FALMOUTH, April 24.---Arrived: Nuevo Camargo, Menurio,
from Mayaguez; Hermine, Asmioesen, Matanzas; Secucdina,
Albizuri, Efavaunah ; Minerva, Eleason, Odessa; Wilkingen,
Olsen, Cavalla ; Caledonia, Bay; Venice; George, Linnac,
Longsound; Singapore, Schmidt, Iquique. Off: Lind, Pater-
son, Laguayra ; Brazilianeren, Mortensen, Cape Hayti.
Quffssrowir, April 24.—Arrived : Avoca, from Porto Rico ;
Irene, Stathelle ; Canada (s), Liverpool for Boston; Lemuel,
Brides, Mediterranean.
DrBLIK, April 24.—Arrived Mendith, from Odense ;
Jacobus, Rotterdam ; Trophete, Ostend ; Baldut Stege
Jacomina, Altona ; Saltmarsiie, DUnkirk ; Gezina, Rotterdam ;
Graceful, Lowestoft.
Kri.ros-rowN, April 24.—Arrived Heldecthorp, from Rouen
for Dublin ; Adrian, Mari inople for Dublin ; Catherine
Hamburgh for Dublin ; Ocean Queen, London fer
Sandbank.

BErsAar, April 22.—Sailed : Amabine, for Ardrossan.
r;rtßEsock, April 24.--Sailed : Martha'b Vineyard, New
York.

MARITIME EXTRACTS.

LITERPOOL, April 24.
About 35 ships, and many other vessels, were passed off
Holyhead (inward bound) by the Windsor (s), arrived here
from Dublin.

The Gosport, hence at Holyhead for Melbourne with loss
foriAopmast and foretopyard.

The Copenhagen, Godfrey, from Melbourne off Dartmouth
with 40,000 oz. gold.

SHIPS INTENDING TO SAIL FROM LIVERPOOL
FOR THE PRINCIPAL PORTS THIS MONTH.
Destination. Ship's Name. To Sail.
AreTRALIA : 1860.
Melbourne, Geelong, and
Auckland Fredk. Gebhard ...April 25.
Samaritan May 1.
Saldanha
Great Tasmania May 2.

S7dney
EAST INDIES :
Bombay ....... ...
Calcutta
Algoa Bay
UNITED STATES:
New York

havelock April 25.
,William Melhuish „ 25.
.Betsy

91
Philadelphia
NORTE AMERICA :
Quebec
WEST

~ 25.

THE DAY'S NEWS.

The estimates for the revenue departments,
which have recently been published, contain a
new feature, inasmuch as they represent the whole
revenue, before deducting the expenses of collec-
tion. This requires to be kept in view in makihg
any comparison with former figures, as the sum
now set down as revenue on one side, and that
put aside for expenses on the other, are severally
larger by the expenses of collection, the amount
of which used to be kept back on its way to the
Treasury, and, among these, is includedthe expense
of the Post-office department.

The chief items of expenditure in the Post-
office, just published, are at present of some inte-
rest. For the conveyance of mails it is estimated
that upwards of eight hundred thousand will be
required for the year. It is somewhat amusing
to those who are old enough to remember the
good old days of mail coaches, to observe how
they have fallen into desuetude, without alto-
gether disappearing from the scene. The allow-
ance under this head has actually dwindled down
to little more than seven hundred pounds. Why,
even carts and omnibuses are in far greater
request, the provision for which is nearly a hun-
dred thousand pounds. The Railways, of course,
carry off the lion's share—the sum allocated
for them being about half a million, sterling.
The large amount absorbed by what are called
metropolitan post-offices--that is to say the offices
at London, Edinburgh, and Dublin, is not far
from being equal in amount to that expended on
all the other post-offices of the kingdom! This
is a remarkable fact, but of course we do not
mean, at present, to insist that there is necessarily
any wasteful or improper expenditure involved in
this statement. It is a circumstance, however .
worthy of being noted. Another significant fE.c;
in connection with this department, which the
public ought to keep in mind, in the view of the'
pending inquiry into the whole arrangemeuts of
the Post-office, is that for every thirty shillings
the public pays to it they get service to the•
extent of only twenty.
The difficulty of defirii4 the liigh-water Mark,
which varies with the state of the tide, and on

certain flat shores involves more than a mile of
ground, puzzled the House' of iCefnmons last
night, and by it
,majority of 134 to 117 they
declined to appoint a select committee to enquire
into the subject. This question, of course, in-
volves certain Crown rights, and several griev-
ances suffered by private individuals irom the
manner in which these have recently been dealt
with by Her Majesty's Comnaissioners of Woods
and Forests.

Every one who has visited London, and even
those who only hope to do so, feel some interest
in that great national collection of histhricalr
Scientific, literary, and artistic curiosities—the
•British Museum. - - It° is notoriously in want• of
additional accommodation, and we are happy to
say the-Molise of Com-mons has agreed to appoint
a select committee•to inquire how far and in what
way it may be desirable to find increased space
for the extension and arrangement of the various
collections of the British Museum, and the best
means of rendering them available for the promo-
tion of science and art.

The system of control and management of our
dockyards, the purchase of materials and stores,
the cost of building, repairing, and refitting Her
Majesty's ships, as well as the mode of keeping
the accounts of the dockyards, are to be the sub-
ject of inquiry by a special commission, and we
can scarcely doubt that good will come out
of it. To secure a really beneficial reform, however,
it will be necessary to consider the present con-
stitution of the Board of Admiralty, which, we
fear, lies at the root of many of the evils we have
to complain of.

A meeting. called by the Parliamentary Reform
Committee was held at Guildhall Coffee-house
yesterday. Delegates were present from various
parts of the country. The first resolution was
expressive of satisfaction at the withdrawal of
Mr. Massey's " treacherous" motion ; and the
second was a protest against any further compro-
mise or delay, and calling upon Her Majesty's
Ministers on no account to yield to the obvious
reluctance of the House of Commons to reform
itself, but, if necessary, again by an appeal to the
constituencies, to commit this question to the
decision of the country. A third resolution wa s
to the following effect :—That in the event of
any further delay or postponement of Lord John
Russell's Bill, Mr. Bright be requested to bring
forward his measure in the House of Commons.

The Lords were occupied last night chiefly
with a legal discussion, which resulted in the
second reading of the Law and Equity Bill, the
object of which is to effect the further fusion of
these departments of judicial administration.
The Marriage (England and Ireland) Bill was
read i Second time, and some other cOmparatively
unimportant business was transacted by their
lord.ships.
Various attempts have been made to reduce the
apparent extent and importance of the still unre-
pressed disturbance in Sicily. •It seems very
probable that we shall not know the real state of
the case for some time—perhaps not until the 4
issue is determined. It is curious, however, to note
how much ashamed even these crowned tyrants
and their myrmidons are of the fruits borne by
their cruel and unjustifiable rule. That atrocities
should be committed, as the telegraphic report
states, on both sides, is by no means astonishing;
bat " atrocity " is a • word which, however
graphically it may depict the policy of the
oppressor, is surely a misnomer when applied to
the desperate struggle of a down-trodden people
to throw off the crushing incubus of tyrannical
rulers, even when these efforts take the shape of
bloodshed and civil rebellion.

Father Felctti, it will be seen, has been
acquitted of the charge of abducting the child
Moiitaiiit.

Although nothing can be looked upon as reliable
which depends, in: any great degree, upon the
good faith of the Emperor Napoleon, it is now
generally believed that a conference will assemble
at Paris to determine the important questions
relative to the neutralised districts of Chablais
and Faucigny. ,Whether, any good can come out
of such a step is more than doubtful, after what
we-have seen of Louis Napoleon's estimate of the
practical weight of the opinion of the other
EarOpeaii. pOwers. He will, no doubt, be quite
prepared to hear what they have got to say for
and against hiri intentions, and, after all, quietly
take his own way.

THE cruelest blows yet inflicted on the PALMER,
sT9N-RUSSELL Reform Bill, have been received
in the house of its friends. Perhaps the very
unkindest of all was administered on Monday
night. We know what old-fashioned Whigs are.
They are, of course, all for civil liberty and self-
government ; but they will spin you a series of
the most sublimated constitutioualisms by the
yard. We certainly expected these to look
askance at so doubtful a measure. The character
of many of the Liberals, too, whose innate attach-
ment to the principles of political stability,
though belied in its expression by the supposed
necessities of partisanship, would not be likely to
suffer a practical adoption of their extremest
party utterances, justified us in supposing that the
imminence of great changes would frighten them
into a little hesitation. Though we must con-
fess that the fact of Lord JOHN RUSSELL, the
author of this hazardous experiment, having, up
to a week or so before its introduction, been
himself the greatest professed constitutionalist
among the Whigs, is calculated to weaken these
impressions as to the political honesty of his
followers and allies. The parliamentary manage-
ment of this bill, then, opened to us a dreary
picture of tergiversation, sacrifice of life-long
opinions, unwilling, if not unconscientious, advo-
cacies; men, otherwise honest and anxious to
keep their conscience clear, dragged at the
heels of party, and by an act which will
be irrevocable, placing the State on the
hazard of a die, and robbing it of its pledges of
security. But though we were not long in finding
out that, as a whole, the bill gave entire satisfac-
tion to nobody and no party, we certainly did
expect—most especially did its hesitating author
expect—that the feature which most distinguishes
it would secure the hearty and unqualified sup-
port of at least one party in the House of Com-
mons. Though honest Liberals may shake the
head, though moderate and sincere Conservatives
may rouse the note of warning, though political
philosophers may open the battery of argument
and history, yet one tender and grateful sympathy
may. surely supply its consolation—the represen-
tatives of the democracy will at least enter fully
into the spirit of its democratic element. Surely,
for instance, the uncanny bantling which has cost
its author such pangs of parturition, and has at
best been launched on so unfriendly and ungenial
a scene, will find a natural home in such a consti-
tuency as Marylebone, and a zealous and tender
nurse in such a " representative" democrat as
Mr. EDWIN JAMES !

Now our -readers who do not shun the debates
will long ago have known what we are coming
to. For the benefit of those who dread the heavy
verbosity of legislators, and trust to newspaper
summaries, let us explain that all we mean is, to
call attention to the most startling commentary
upon the wantonness, recklessness, and extreme
hazardousness of the present Reform Bill, which
has yet appeared, either in the House or out of
it. It is positively true, that the measure brought
forward by that commentator on the English
Constitution of some forty years ago, in the first
blush of yodth and of school wisdom—and that
parrot-repeater of the usual sententious apothegms
to the same effect, six or eight' months ago,
in the maturity of age, and the wisdom of

e±peripice—the measure'Which such a man has
not hesitated to "recommend for adoption to the
guardians of the COnstitutiori, is condemned by
Mr. EDWIN JA.IIES beegketit provides "no balance
to its otherwise democratic tendencies I"

But what sort of man is Mr. EDWIN JAMES,
and what sort of constituency is it that he repre-
sents? Parliamentary critics have been used to
think, that in this case the aptest measure that
could be taken both of member and constituency
was to consider them together. Mr. JAMES iS a
man who has always shown himself a politician
of vary popular, that is mob, sympathies. •He is
himself a rough and ready talker, a not over-
scrupulous advocate, and with not much-about
him in any branch of moral or social character
savouring a. great deal of refidement. He is
willing to go great lengths, ,and perform any
number of the usual tricks of popularity before
an enthusiastic crowd. He likes the incense of a
hoarse, semi-intoxicated cheer ; and the greasy
cap flung high into the air. He is,' in short,
and. it is enough, the chosen of Marylebone.
He has, of course, to congratulate himself
upon . a body of patrons whose sympathies are in
accordance with, or have rather drawn 'out and
cultivated his own. It so happens, that if we
wanted to select an example of the model consti-
tuency under the new RussELL Constitution, we
should out of all fasten upon the one which has
given England the benefit of Mr. EDWIN JAMES'
counsels on the subject of Reform. Marylebone
is in itself a miniature illustration of two charac-
teristics which mark the anticipated democracy
in England, and which, as Lord GREY proved
last Thursday, already stamp the consummated
democracy of America. The franchise in Mary-
lebone comprises so many who cannot be better
designated than by the word rabble, that two
consequences have followed. First, the iron will
of the majority has a frequently successful ten-
dency to turn its parliamentary representative
into a simple delegate, charged with the mission
of expressing to the Parliament of England the
opinions and wishes of a not very intelligent
metropolitan class of voters. Secondly, the rude
and strong preponderance of the mobocracy, and
those who sympathise with them, has frightened
the better class of voters from the exercise of
their privilege. Now, let it be recollected that,
these two are precisely the evils which are
mourned over by her wisest men az staining the
present political system of America. The tyranny
of the majority bends everything in every depart-
ment of the State, in every function of the execu-
tive, in every branch of legislation, to its own
will. And the actual consequence, of this is, that
neither high moral nor high intellectual character
will soil itself by conflict with the brute principle
that has the mastery of society.
Now, Mr. EDWIN JAMES is familiar with Mary-
lebone. Shall we not hear him when he warns
us not to make a Marylebone of every consti-
tuency in England ?