The Daily Times.
Liverpool, Merseyside, England, 1860-03-13 00:00:00

att rtf. freifitt.

The operations in charters for long-voyage
business have again been large. We hear
of two ships for railway materials to Calcutta, at
50s. and 5 per cent. ; two ships from Wales to
King George Sound and Sydney, coals, at 475. 6d.,
and guano home, at 60s. ; a ship to Melbourne,
at about £3 10s. per register ton ; a ship home
from Calcutta to London or Liverpool, £3 55.,
good assortment of cargo. From Birkenhead. to
Bombay, 425. 6d. to 455. Aden, 50s. can be done.
Salt freights to Calcutta are drooping, and not
over 40s. can now be obtained. To U. S. ports
rates remain about the same as last quoted, and
all the berths are abundantly supplied with
tonnage. The following are the rates of freight
for—

COAL : FROM LIVERPOOL OR BIRKENHEAD.
To s. d. s. d.
Malta l4 0 ... 15 0
Trieste
Corfu
Smyim.
Gibraltar
Leghorn... nom l5 0 0 0
Athens
Havannah
Cardenas
Monte Video
Buenos Ayres
Constantinople l6 0 .. 17 0
Salonica l6 0 ' 0.0

To s. d. e. d.
Trebizonde
Sinope
Ancona
•••••:•••:, I? : it ::
Genoa l5 0 ... 0 0
Naples nom. 16 0 : 0 0
Rhodes
St. Thomas nominal.
Rio Janeiro
Bahia 2B 0 . . 29 0
Cape Of G. Hope 30 0 ... 32 6
Pernambuco 2B 0 ... 0 0
Galveston Rails nominal.

RAILS---BRISTOL CHANNEL.
To Galveston 2ss. and 5 per cent.
To Mobile ' (nominal) 20s. '
To New York
To New Orleans 225. 6d. and 5 per cent.
To Fernandina (Florida) 225. 6d. and 5 per cent.
To Portsmouth (nominal)..'.
To Savannah
To Havannah (small cargo) ...Ws.
To Alexandria 255.
GENERAL FREIGHTS.

and 5 per cent.

Liverpool to Aden : Coat
„ Hong Kong
Ditto from Wales
Chusan
Ceylon : Iron
If Bombay, do

s. d. s. d.
50 0 to 0 0
55 0 to 57 6
60 oto 0 0
60 oto 62 0
45 0 to 0 0
00 0 to 0 0
47 6 to 50 0
42 6 to 0 0
62 6to 65 0

from the Clyde

„ Bombay : Coals
„ Suez
~ Sydney °r I£3 10s. register ton-
J. elbourirt
f 9 Singapore
f t GaUe . 42 oto 43 0
~ Shanghai - 57 6to 0 0
Ditto from Wales 67 6to 0 0
f t Calcutta : Salt without consignment4o 0 to 0 0
with ditto 42 6to 0 0
ft Calcutta : Iron 5O 0 & 5 °/„
Ditto, Coals
f t Ascension, from Wales
f f Fernando Po, from Wales 3l 0 to 0 0
f f Callao
Flag Stones 35 0 to 40 0
, Woosung
Liverpool to Madras Iron &c. 455. to 505., Clyde 50s , Cbu.Ban 60s.
Do. Coals 425. 6d.
455. Od.

Do. from Wales

Liverpool to Valparaiso for orders, to discharge there or at a
Port not North of Callao 335. to 345., small ships.
Liverpool to New York, Coals, full cargoes, 14s. & 5 per cent.
„ Moulmain 705., Teak to U. K. nominal.
Akyab, option of Rangoon, Bassein, or Monlmain, to U. K. or
Continent, 525. 6d.
Calcutta to Liverpool, 555., ditto on the round £4 17s. 6d. to
£5, with option of London.
_ .

,
Guano from Chiachas to U. K. or Continent, 60s.
Bombay to Liverpool or London 355. to 30s. cargo 2-3rds seeds,
1-3rd cotton.

We are indebted to Messrs. Taylor, Tipper, and Co.,
for the following rates of freight to the United States :

Arrival for the week ending 21st March, last year, 51 casks,
and delivery, 1,287 casks. The arrival last week comprised
592 casks from St. Petersburg; 633 from Odessa; 50 from
other places. Total 1,275 casks.

In the LONDON MINING MARKET, to-day,Wheal
Mary Ann shares were inquired for, and are marked
26 and 27. East Basset have been dealt in at 115 ;
South Devon Mining at :4 prem. ; and Tin Croft at
44. The other transactions have been chiefly in
shares in West Caradon, Providence, East Cara-
don, Wheal Unity, North Downs and Wheal Seton.
Foreign and colonial mining shares remain without
alteration of importance. St. John del Rey have
been dealt in at 221 and 221 ; Great Northern
Copper (South Australia), at k prem. ; Kapunda,
at 1/ prem. ; and English and Australian Copper,
at 21 ex div.

The BOROUGH HOP MARKET.—There is a fair
average supply of most kind of Hops on offer to-
day in our market ; but, generally speaking, the
trade rules very inactive.
The LONDON CORN MARKET.—To-day the sup-
plies of foreign Wheat and Oats were small ; liberal
of Barley ; and of British Grain very small. The
attendance of buyers was moderate. Essex
Wheat sold at ls. advance : Kent was not dearer,
but a better sale., For foreign the ssli, wao aloes,
without alter.f;,-,. 1.. price. Barley was in good
demage. ril A (11.9 na + a alualn. ijr•
reque , at u rates. _Hour was held or ls.
advance: Norfolks made 31s. 6d.

THE LONDON WOOL SALES.—These sales have
attracted a fair number of both English and
foreign buyers to-day, and the biddings have
continued steady for all descriptions of Wool at
fully previous quotations. About an average
quantity has been disposed of by the selling
brokers.
The METROPOLITAN CATTLE MARKET.—The
supplies of each kind of stock were moderate
to-day. Beasts sold at a slight reduction in price.
Sheep were firm. Lambs, Calves, and Pigs were
unaltered
Beef 3s 4d to 4s 10d Veal 2d to 6s Od
Mutton 3s 8d to 5s 8d Pork 3s 6d to 4s 10d
Lamb 6s Od to 6s 8d

Beasts
foreign ,

TOTAL SUPPLY.
.. 3,980 Sheep, foreign
.. 210 Calves
- „ foreign
Pig.
...... 19,110 „ foreign.

Sheepforeign

PROVINCIAL, &c., MARKETS, YESTERDAY.

MANCHESTER SHARE.—Dovers, 26 11-16, 2 ;
Berwicks, 92.
GLASGOW IRON.—Market firm. No. 1,58 s to
58s 3d; Warrants, 588 lop to 595; No. 3,58 s to
58s 3d.

CORK CORN MARKET.—Oats, 12s. to 14s. 4d.

THE DAY'S NEWS.

In the House , o Lords last night notice was
given that on Thursday their lordships would
be moved to ..agree ,to an address to the Crown,
jointly with the liouse -of Commonp,u.approving
of the Commercial Treaty. The Royal assent
Was 'given to several bills, and some others were
foFwardsd.a,styge.

-In the House of Commons it was elicited that
a troop of the 15th Hussars have been sent to
Castlebar, county Mayo, for the purpose of aiding
in the eviction of more than sixty tenants, repre-
senting 250 souls, from the property of Lord
Plunkett, Bishop of Tuam, at Partry, in that
county. Lord J. Russell, in reply to Mr Puller,
gid that it was the intention of the French
overnment to impose an export duty on rags so
soon as the prohibition shall have been removed,
but he could not state the amount. Our Govern-
ment were about to take steps to obtain the
removal of the prohibition affecting the export of
rags in other countries. A correspondence was laid
on the table, between our Government and that of
Naples, with the view of inducing it to accept the
reforms recommended by England _ and France. ,
As to Savoy, a discussion was so earnestly
demanded, that at last 'it was intffnated that
Lord John Russell, on submitting papers on the
subject of Italy thiS evening, would take the
opportunity of Making a statement as to the
course Miniiters had ,adopted. Sir G. Grey
said that it was intended by Lord J. Russell to
make a statement respecting our affairs in China,
on Friday-next: On the motion. fbr !the second
reading: of the Pape' Duty Bill, Sir W. Miles
moved as an amendment a resolution that in the
present state of the revenue, and at the present
moment, the repeal of the duty was inexpedient.
Mr. Banks Stanhope seconded the amendment.
Mr. Norris, supported the bill. , Mr. A Mills
opposed it as ill-timed. Mr. Black supported
'the bill, as did Mt. Maguire. -Lord Robert
Cecil opposed the bill. Mr. Milner Gibson
entreated the House to take advantage of this
opportunity for repealing the tax. Mr. Horsman
declared that Mr. Gladstone's budget was the
work of the member for Manchester, and de-
bounced :it ,ass a reckless abandonment of the
sound and prudent principles of Sir R. Peel.
,The Chancellor of the Exchequer, after replying
to the attack of Mr. Horsnan, declared that in
the Present state of the question, and in the face
of difficultiel of collection, which would shortly
render collection impossible, the Government
had no choice but to propose the repeal of the tax.
Sir ,J. Pakington denied that they were under
any obligation to repeal the tax, and denounced
the ,Budget as maintaining high duties against
the working classes for, the benefit of the rich.
The Home divided, -when the amendment was
negatived by 245 to 192, and the bill wits then
_read a second time. Thus the total extinction of
the paper duty may be looked upon as virtually
decreed for ever.

By the submarine telegraph there is an interest-
ing item of intelligence, which was given in our
'Second Edition of yeSterday, mid is repeated in
our impression of to-day, that, namely, of Mr.
Wilson—who may be regarded as the Chancellor
of =the Exchequer of India—having made his
financial statement on the 18th ult. He has to
deal, it seems, with a deficit of about nine
millions ; to meet which he proposes a trade
license or from 2s. ,to 20s. yearly ; a tax upon
incomes of from 4240 to £6OO, at 2 per cent., and
above that at 4 per 'cent., with no exemptions ;
and a large duty upon tobacco. Further, there
-is to be a modification of the tariff; but there is
to be no loan.

So far from hostilities in Morocco drawing to a
close,—as, from the late successes of the Spaniards,
was thought likely to be the case,—the intelli-
gence just received from the seat of war repre-
sents the Moors as more determined than ever to
continue their resistance of the invaders. " The
firm tone of the Emperor,"-it is stated, " and his
resolution to defend at any cost the integrity of
his dominions, his promise to come to the theatre
of hostilities with a greater force than has hitherto
opposed the ini'asion, and the conviction that the
real motive of Spanish aggression is lust of terri-
torial dominion, as disclosed by the late condi-
tions of peace offered by Spain, have all combined
to re-kindle a fiercer spirit of resistance in the
population of Morocco." There is, however,
another motive still, which is more than sus-
pected ; and one in which England has a more
direct interest. English diplomacy, it is insinu-
ated, has been at work •with the Moorish Govern-
ment,—or, at any rate, the refusal of the offer of
peace on the part of Spain is attributed to
English influence. Let us hope, however, that
this case will not furnish such an illustration of
Lord Palmerston's non-intervention principles, as
may run the risk of creating a rupture with our
ancient Spanish ally.
Tuscany and Romagna have by this time,
doubtless, decided the question whether they will
political existence. Our telegrams from the
scene of action inform us, that the number of
people who assembled to vote has been most
extraordinary, and that even the clergy had con-
ducted the population to what was evidently the
popular object—the vote for annexation. It was
universal suffrage and vote by ballot; and from
all we learn, • the people discharged their duty
most admirably, proceeding to vote in the most
orderly Manner, generally in bodies headed by their
cures—a guardianship which may not improbably
account for the excellent attitude they maintained.
There can be little doubt, one would think,
of the result,—a result contrary to the wishes of
the French Emperor, on the specious plea that
Europe, which guaranteed Tuscany to the
dynasty of Lorraine, will not allow the interests
of its equilibrium to be damaged. But, more
than this,—France's own position, the Emperor
has declared, must likewise be regarded ; and his.
Imperial Majesty, therefore, has threatened tp
withdraw his assistance as soon as his friendly
advice is cast to the winds ; as, doubtless, it has
been by these national elections. Savoy may
shortly follow the example of
,Tuscany. The
inhabitants will bp immediately called upon to
vote for the maintenance of the union with the
monarchy of Sardinia, or for ' annexation to
France ; and the result will most likely be, to
maintain their present position. What, under ,
these inauspicious circumstances, Louis Napoleon I
will do next, remains to be seen.

The Times reiterates its expression of surprise
and concern at the apparent indifference there is,
among almost all classes of the people, as to the
character and provisions of Lord John Russell's
Reform Bill. " We. do not seek to account," it is
observed, " for this singular apathy, We only
take note of its existence, and venture to express
an opinion that it is time a matter so pressing
and -so momentous attracted to itself some small
portion of the national attention." 7- It is a sub-
ject, the Liberal journalist thinks, that people are
sick and tired of; and the ministerial measure is
set down as one not brought forward to satisfy
any real want,- but rather to meet a factitious
(and factious) exigency. Still, " the subject is
not necessarily unimportant because it is "tire-
some, nor ought the faults of our political leaders
to disgust us with the duty of looking after our
own dearest interests," And then•he goes-on to
show how the Bill will, effect a, complete trans-
ference of polifical power in soinethlng•it e WQ
out of the 200 boroughs -of England ansil
a transference of it to new and untried bodies,.
who can never, from their
fitter depositories for it than
t t"est and from
have hitherto' ;discharged the
aw, wol
,hon, it is virtllan cot,icronclains-seisifThbaet
be
changetalCe is no light
may it be declared, that such athe
matter. And well maY eTe,"--
think, that it is one deserving
hasof
hitherto been
.74ineosrebesgerinioutos
consideration than that which
bestowed upon it." The fact is, that Ministers,
in whose behalf all- this is said, are temselvea
getting alarmed at the little disposition the Con-
servatives have so far evinced to modify their
measure, the £6 franchise of which they probably
designed to be more for a political display, than
for legislative enactment.
The Morning Hyoid states that the opinion is
very generally entertained in Continental circles,
that the Palinerstonian policy of our Govern-
ment as manifested in the Treaty with France,

" has had the effect of embittering the bulk
of the French people against this country,
and of persuading Europe that there exists be-
ttween the Western PoWers a .virtual understand-
ing, menacing to the peace of the Continent."
Even as respects the annexation. of Savoy, our
contemporary not only thinks there is some
foundation for the charge which Europe makes
against us of a blundering participation in the
Imperial project,,but maintains that " the. whole
affair assumes a much more awkward., aspect,
when it is regarded by the light which the Com-
mercial Treaty throws upon it,"—since, it is
added, " it is perfectly clear, however the Govern-
ment may deny any connection between 'the
Treaty and the annexation, Louis Napoleon looks
upon them, as very intimately bound up." There
can be no doubt, we think, of this ; we ourselves
have pointed it out as a part of the whole scheme
of aggrandisement which is-now to be acted out:
Andlence may it only too truly be said, that "a:
.sop is offered to the English tradef that lie may
the. more easily swallow his resentment at the
intended aggrandisement of France; the)British
nation is gagged ; the price is paid for our silence ;
tke Emperor knows very well that with England ,
seemingly acquiescent, he has very little to fear ;
and, having disposed of the only dangerous
obstacle to, his ambition*, he. proceeds deliberately
to put his project into execution."
It will be seen by a comparative statement we
' give elsewhere relating to the pauper.. poor of
the country—abridged from returns which the
Poor-law
,BOard have just issued—that: in the
Present year, as far as it has gone, there is a large
deerease of pauperism, as compared with the cor-
responding period of last year. There is observ-
able, it is true, a progressive increase', in each
week of the present year; but so there was during*
the corresponding weeks of the year -1859. It
may be regarded, therefore,as being attribilitable
to the season of the year—that* of winter—in
which, it occurs ; and not;to any declension in the
prosperity of the. , country, which the returns
show to be 'decisive and progressive.
The state of the. Railway Interest may fairly
be taken, we suppose, as an index of the condi-
tion of the country ;' and there is very striking
'evidence ,in it just now, it appears, of that condi-
tion being a most prosperous one. There is a
great and general increase, it is shown, in the
railway traffic of the United Kingdom. The
increased receipts during the last few months, on
some of the principal lines—and which are still
increasing—are represented to be, as compared
with a similar period of the preceding year, in
some instances as much as nine, ten, and eleven
per cent. On every account , this were certainly
most satisfactory.

LORD JOHN RUSSELL'S Reform Bill has, for the
time, been thrown completely into the shade by
the Treaty and the Budget ; and it is probable
that Ministers have been but too glad to have it
thus shrouded in, silent obscurity, until it is
brought forward prominently in Parliament for a
second, reading. But however convenient it may
be, in that quarter, to have, such a measure kept
out of sight, as long as possible, there is no
advantage in it whatever to the interests of the
Country,—on the contrary, it would have been
much better, we cannot but think, if instead of
public attention having been so , completely
absorbed, by those other measures of the Ministry
which have been before the House of Commons, it
had been devoted somewhat more closely to the
careful examination of a Reform,. Bill ,which is
calculated to make such hazardous organic
changes in our system of Parliamentary repre-
sentation, and, through it, not improbably, in the
Constitution itself. Lord PALMERSTON'S Sunday
organ of the press has been • instructed, it
would appear, to declare, that " the great
merit of the Bill is' its simplicity." But
even granting this were the case, may not simpli-
city be purchased at too great a sacrifice ? "If
it does not go so far," says our ministerial con-
temporary, "as the more advanced Reformers
would have wished, in the disfranchisement of
small boroughs and re-arrangement of seats, it
still, to a considerable extent, recognises the
claims of the great centres of population to a
larger share in the national representation.
In this particular, too, the changes it proposes
are as great as are at present practicable in the
calm temper of the public mind. , The enlarged
franchises for boroughs and counties are simple,
intelligible, and quite in, accordance with our old
constitutional predilections." This, however, is e-
very partial, and a very superficial, view of the
measure. The great constitutional question whieh
it involves is, not whether the changes proposed
are as great as are at present practicable, but
whether they are as safe as may be 'compatible
with the integrity of • the Constitution, and the
interests of the kingdom. Now, we showed a
few days since what would be the effect of the
borough franchise it is to enact in the case of
phis town,—that the number of electors who will
be enfranchised by the £6 rental will not impro-
bably outnumber the present constituency. And
a similar result, it appears, will arise in the' case
of Manchester. " I believe," says a correspon-
dent of a Manchester Liberal journal of yester-
day, " that there is no reason to doubt that in
Manchester the constituency would be more than
doubled. In other words, the electors rated below
£lO would have the power of outvoting at an election
all those rated at £lO and upwards." This, then,
is a matter of fact. And see what is the only in-
ference to be drawn from it,—that " considering
~ •
hoW large a number of persons really belonging
to the working classes 'already occupy £lO
houses, the result of the proposed measure would
clearly be, in our ,own community, to give to the
working classes, not a. fair and legitimate share

overwhelming influence." Well may the writer of
such an exposition ask, if this is " wise, desirable,
or safe ?"' Surely it never can be so, if the princi-
ples of the Constitution are to be maintained—if
the democratic element is not to be allowed to
overwhelm every other influence, and thereby, in
process of no long time, reduce our form of
government to one of unmitigated and insufferable
mobocracy. "At all events," as the writer we
have quoted forcibly adds, " let the contingency
be fairly looked at." There can be no doubt, we
think, that it needs but to be examined to•be
seen—that it is one not only of a most perilous
character, but one under the operation of which
every Conservative and Constitutional influence
will be utterly frustrated. We do not use these
terms in any party sense, but with that general
and comprehensive meaning which implies a
desire to preserve the monarchical institutions of the
country—be that desire felt on the part of Whigs
or Tories. One result of such an overwhelming
influx of the democratic element will doubtless be,
to make the franchise in large constituencies
practically valueless to those who are above a
certain grade in society, and who have therefore
the greatest stake in the stability of our insti-
tutions,--virtually depriving those constituencies
of the real benefits of our representative systen,
by giving a preponderating influence to those
who are the least qualified to exercise the right
of voting for representatives in Parliament.

What a 2on.trast, then, does not such 4 lin, as
this present to that really Conservative yet, com-
prehensive measure of reform which was intro-
duced last year by the Derby Achninistration !
It, like the present Bill, recognised the claims of
large portions of the population to a share in the
national representation ; but they were portions
from their intelligence
of the people who, and
respectability, v.,rolld .4a1.79 inlpplyed ai§m;,:aeilrlin4
enlarged the constltnencies, lust* of
tpla corrupting them, Its enlarged franchises,'..agt
the same time, wl4ether in b,or:oughs qr eutlnties'
were equally simple and irltelligaile as al° ,
present ineasnre j while it could be truly 4e
ctf
tile
them, which cannot be said of the enslaargeod
franchises of Lord JOHN RITSSUL's Bill, that
they were quite in 400Qrdance with our old
Constitutional predilections,

Nor is it because such a Bill as the present
will give an overwhelming impetus to the demo-
cracy of the country, that it is so mischievous,
not to say revolutionary, in its character. There
is a deeper reason still, why, on Constitutional
grounds, such a measure should be deprecated
and resisted. The case is very forcibly put by
the Saturday Review, with reference