The Daily Times.
Liverpool, Merseyside, England, 1860-03-09 00:00:00

THE DAY'S NEWS.

In the liouse of Lords last night the fact of
privacAetters having passed between Lords J.
Russell and Cowley, on the proposed annexation
of Savoy' to France,; formed the subject of con-
versation. The'D'uke of Newcastle said the con-
tents of these letters did not affect the case ; and he
adroitly endeavoured to turn to account the fact
of their existence having been made known, as
'indirect evidence of his assertion,—but; in the end,
he naively admitted that the circumstance might
have been best concealed. Thy Marquis of Nor-
manby; Earl .Grey, the Earl, of Malmesbury,
the Earl of Ellenborough, and the Earl of
Derby, deprecated all private correspondence
on such a subject, under the cirenmstanees-;.lind
denounced the Government as having - acted most
improperly in suppressing private correspondence,
and leading Parlifunent, t 3 suppose that
.the pro-
ject had come upon them by surprise., ,

In the House of Commons.. Mr. Kinglake. p)st-
pmed his motion,reSpecting Savoy till Monday
week. The,,Chancellor of the Exchequer is to
introduce his bill
.on the, wine licenses to-night.
l'he Whitworth' rifle was pronounced too. costly.
Lord Palmerston, in answer to Mr. Scully,. said
that it was' the intention of the present Govern-.
ment to observe faithfully the principle of absolute
non-intervention, so far as . regards the territories
and sovereignty of the Pope and Italy generally.
Mr. Cave's motion for copies of correspondence
between her Majesty's Government anci the govern-
ment of France, in respect to legalising; the ex-
portatien of natives of British India as inden-
tured labourers to French colonies, was air
to. :, Mr.: Bing ,then moved • the faddres
approving ,of the treaty with France, seconded
by Mr. E. Baines. , Mr. Lindsay called
attention to. the third article, 'and the. differential
dnties it Contained, which he said was unfair to
British shipping, and unfair to- France herself;
On this point Cairns said: that in framing
the treaty very important interests had been
overlooked; 'for one; the shipping; interest would
be seriously injured, and no effort was
.made by
the Ministry teaboliSh the obnoxious and exclusive
privileges -of the French shipping. Mr. Milner
Gibson-considered that with regard to the navi-
gation restrictions of France, more importance
had been attached to it than it deserved.. It was
urged that, under the treaty, the trade of France
with : British colonies must, be carried in
French' ships.. • Now the entire.
,b trade of
France. : with Jnir . colonies was only
1005000—tons,- while the - -whole British was
ten - If,-therefore, we had the whole of
the ColOnial trade with France the additio i would
be, altogether .insignificant. Thui, said the hen.
gentleman, with perfect self-satisfaction, and in
the faCe of the all but universal 'opinion of the
country against him on this subject;thus were
urged small .objections to a great and'oompre-
hensive measure." In opposition to the
:_treaty,
Mr. Peacock, Mr. B. Cochrane, and: Sir S.
Northeote ;spoke ; also, Lord A. Vane -Tempest
and Mr. Bovill, who moved and seconded an
amendment, subsequenly Withdrawn ; but Sir
H. clairns, while admitting that the treaty
was one-sided, imperfect, and _faulty, by means
of which many of the most important. interests
Of the country would suffer manifold injuries,
would' still take upon himself the responsibility
of supporting it. On the side ,of the Government
Mr. Clay, Mr.. Maguire, Mr.'Slaney,
and Mr. Ewart spoke, the latter pointing out
what he considered the social and commercial
advantages of the introduction of French wines.
The debate was adjourned, to be re-operied.to-night
by Mr. Horsman. The Lord Advocate
,obtained
leave. to introduce certain bills, and the Irish
Spirits Act was passed.

The Volunteer demonstration in London, the
day before yesterday, appears to have been of a
most imposing character. It is stated that there
were as many as two thousand five hundred
officers at her Majesty's Special Levee,—from
which datum it is reckoned that somewhere
about ninety thousand may be taken to be the
amount of the Volunteer force in the United
Kingdom already enrolled. There was a dinner
after the Levee, and a ball later in the evening,—
the dinner, attended by upwards of a thousand
officers, the ball by betweensix and seven thousand
ladies and gentlemen. The Duke of Cambridge's
remark at the dinner—where he presided—that
"it was essential that this country should always
be-in a position of perfect security, and that, we
should be able to say to all the world, Come, if
ydu dare,' " very naturally excited great entltu
siasm. At the ball, as well as the Volunteer
officers, there were crowds of officers of the regu-
lar service--guardsmen, cavalry, artillery, and
infantry—all in uniform. The demonstration has,
doubtless, given assurance that great things may
be expected from the Volunteer force, should any
emergency arise to try its mettle. . .

The almost fabulous stories one now hears of
the increasing wealth of our Manchester manu-
facturers, and its still greater and more rapid
increase that is expected under the French Treaty
and the new tariff, may well account for the
anxious eagerness of that interest to have the
bargain with the French Emperor at once ratified,
and the fiscal changes it involves carried imme-
diately into effect,without being very particular
about the political consequences. It is stated, it
will be seen, that " three individuals are each
said to have recently returned £lOO,OOO to the
Income-tax ; and the general gains of the cotton
trade at present are roughly estimated at
£1,000,000 sterling per month,"—results of
manufaCturing.operations which, they anticipate,
under the new state of things, will be still further
amplified in a very short time. The policy of the
Manchester school of politicians is this most
strikingly illustrated, as, at any rate, a money-
making policy of very extraordinary force. Still,
it is not a policy for which national interests, of
infinitely higher moment, can be impaired, let
alone sacrificed, with impunity.

The statement just given receives rather forcible
illustration from a remark of the Morning Herald.
of yesterday. " There is an aspect of the Com-
, mercial Treaty with France," it is observed,
"which is entirely English. It evidently bears
on its face a design to subjugate all the mercan
tile interests in the kingdom to the gain of the'
.
large manufacturers. No matter who is suffer,
they are not to suffor. Merchants maybe MulctedMulcted
.
by penny stamps and similar vexatious imposi-
tions, the pOOr silk weavers may
in fancy artieles may; close his factories,
rights, the eri
the pub:
licans may forfeit their, purehaPsh, the dealer
•upper and middle classes
,may still bear an
ol poor man may COM-
oppressive income tax,.an4.o
f themd peace lie "is
plain•that in a time of
con-
demned to,the war duty on tea and sugar. What
boots it all! The cottonspinner, the ironmaster,
the Coal Owner, and large capitalists of this class,
are to have the prospects of whole millions added
on to their present enormous revenues." This,
we .say, accords very exactly with what has been