The Daily Times.
Liverpool, Merseyside, England, 1860-09-29 00:00:00

THE BOROUGH REGISTRATION.

On Tuesday !text the revising barrister will sit in St.
George's Hall, for the p pose-of legalising the list of
voters for the borough--4,‘ Liverpool. new claimants
as sent in by the overseers, as well as the t year's-list
of voters, have been most ,ca,refully analys by the
secretarieg of the two great political associatio —that
of the eonserrutive by Mr. J. S. Branch, secre ry' of
the Constitutional Association ; and the Radical list
Mr. Brunifitt, of the Reform Association,—the Result of
which is, that about 2,500 claimants have been served
with objections ; and it will be for each individual so ,
uhjseted to attend before the revising barrister, and
make good his right to remain upor the next year's
list, before he can have the privilege of recording a vote
for any member to represent the people of Liverpool in the
'commons' House of Parliament. The objections stands
thus .

Qbjeeted to
,by Conseoatives . . . 1,600
'Obje.eteff to-by:Radicals • ••' • . 900
It will thel-driti. of the. revising barrister to hear
caeli ofthesethest eases separtttelY,..an4:t9 clecide whether the
'4.je:Cti9ili thus taken Are good or not. It will also be
the-duty .of the 'parties thus objected to to come forward
and substantiate their claim, be they Conservative or
.We are sure that our Conservative friends
will not shrink from performing that important duty, as
theie is no telling When or in how- short a period they
Zap be called upon to exercise their rights of
assisting - retain two' burgesses to represent the
town of. Liverpool in the House of Commons.
We understand from very good authority that our
Atadieal friends had intended-- to make an attempt at
this revision court to establish the -"compound house-
holders' franchise," but, for various
.reasons, have
abandoned that scheme until some future period not yet
named. In this ,ease, no doubt,.they considered "dis-
cretion the better part of valour." At the approaching
revision some very interesting points of law will be"
raised and argued as to who his, and who has not, a
right to vote. The proceedings, therefore, threaten to
bt of rather a ..lengthy character. The Barrister
Will sit on Tuesday inorning, at nine o'clock, and will
Commence by hearing the objections to the freemen,
after which the list of the householders of the Everton
and Kirkdale Wards, and the other wards in succession,
as they stand on the list. In conclusion, we remind
those claimants who are objected to that unless they are
Pcesent to substantiate their right to vote, they will be
at orNe struck off the list.

11-1 E ATLANTIC AND GREAT WESTERN
RAILWAY COMPANY.

Seven per cent, intereat, payable half-yearly at the
dank of London, seems a very tempting return for a
'Lae investment. The mortgage bonds of the Atlantic
411(1 Great Western Railway are now in the market at
that rate. The four coupons first maturing will bear the
taarantee of the Bank of London, duly endorsed, thus
gtlarding the investment against any possibility of default.
The name of Ex Senor Don Jose de Salamanca as con-
tractor and of Thomas W. Kennard, Esq., C.E., as
engineer-in-chief, grace the prospectus of the under-
taking. The line is nearly four hundred miles long ;
and
; Is the middle link of a line twelve hundred miles
'il • length, stretching from New York to St. Louis in
the
Par West— of which about eight hundred miles
have been many years in operation, The expense
" construction has been and will be exceedingly
inlitodi_erate, in consequence of the geographical faci-
bei7
Of the country through which it passes, there
; ug 110 very expensive works required. The present
ssi,e is
confined to the bonds of " New York," that
section being now finished. In addition to the ordinary
revenue .!s of the line, a fixed and permanent source of
elPeCiaily appropriated to securilig the interest

on these bonds, which are alSo secured by a first regis-
tered mortgage, and give the holder the right of con-
version into shares at par for four years to come. The
bonds are issued at 80 per cent., redeemable at par in
twenty years, and are transferable without stamp or
endorsement.. The value of the security offered may be
best appreciated by consulting the figures in the pros-
pectus, as advertised in another column. Even after
making the ordinary allowances for over-sanguine ex-
pectations, the investment seems to be as sound and
profitable as anything of the sort going.
[TIDIES.]
The Atlantic and Great Western Railway Company
have announced an issue of £200,000 7 per cent. deben-
tures, with a dividend from the Ist of July last at 80.
This line is in course of construction to connect the New
York and Erie with the extension railway system of the
west and south. It will be 378 miles in length, and
will open up' an unbroken route of 1,200 miles from
New York to St. Louis. Apparently it is likely to
command a large share of the most important traffic in
the States, while it will also possess an active local
trade, since it passes through some of the best agri-
cultural districts of New York, Pennsylvania, and Ohio.
The contract cost is to be £7,400 per mile, and a pecu-
liar feature of the undertaking is that Senor de Sala-
manca,
the Spanish banker, appears as the principal
contractor. The bonds now to be put forth are secured by
a first mortgage on that section of the work which passes
through the State of New York, and which has just,
been finished and opened, and the holders are to enjoy,
until the Ist of January, 1864, the option of having
them converted into shares. To the Erie Company the
undertaking is obviously of vital importance, since its
effect must be to chang•e their road from a local into a
grand trunk line. They have accordingly agreed to pay
to the Atlantic and Great Western Company a bonus of
10 per cent. 'on all the traffic to be derived from the
connection during five years from completion, and of 5
per cent. for five years thereafter. When the conoern
was started, two or three years back, there were many
attempts to excite prejudice against it, but, as far as
can be judged from the statements now presented, and
the geographical bearings of fie route, it seems one of
the most legitimate that could have been brought for-
ward.

[DAILY NEWg.]
A new railway security, to which considerable interest
is attached, is now being offered to the English public.
It consists of an issue of First Alortg,age Seven per Cent.
Bonds of the Atlantic and Great Western Railway, to
the extent of £223,000. This railway, which will be 378
miles long, is the middle link of a grand trunk line, a
continuous 6 feet gauge, comprising no less than 1,200
wiles, and connecting New York with St. Louis. 822
miles of this length, forming the New York and Erie,
the Cincinnati, Hamilton, and Dayton, and the Ohio
and Mississippi railways, have been many years in
operation. The present issue of bonds is sgeured upon
the New York section of the Atlantic and Great West-
ern Railway; and it is a creditable fact that no appli-
cation has been made to the market until after the
completion of the section referred to. All the funds
have hitherto been provided by calls on the stock and by
a4vances by the contractors As each of the future sec-
tions is opened, the bonds relating to it will be issued to
the public. In many respects, the features of the under-
taking appear to be uncommonly promising. The
Atlantic and Great Western line is of the deepest
interest to the New York and Erie Company, which
it will aid greatly, the latter having hitherto, by the
active management of rival lines, been shut out
of a large amount of traffic that would other-
wise flow upon it. It is likewise a distinctive feature
that the present issue is for account of London
capitalists, large proprietors of the Erie Company,
who, alive to the important assistance which the
Atlantic and Great Western line will afford to their
undertaking, have purchased the whole amount of bonds
from the company, after personal investigation of the
merits of the project. The railway.bein finished, the
traffic returns will immediately begin to be published.
It is believed that these will be of a very satisfactory
character, as the railway lies in the very centre of the
population and agriculture of the United States. The
bonds are to be issued at 80 per cent., redeemable in
twenty years. Mowing for the coupon due on the Ist
January next, the price becomes really about 77. The
interest' is payable in London.

FOREIGN INTELLIGENCE.

FRANCE.
(FROM OUR OWN CORRESPONDENT.)
PARIS, Thursday, Sept. 27.
Although none of the semi-official journals have
expressly confirmed the fact of an ultimatum having
been forwarded by the Papal Government to the Em-
peror, there is no longer any doubt of its correctness
and of the account which other papers bate given of its
contents.

The Holy Father has fixed the 30th of this mouth

for receiving an answer to it from the Imperial Go-
vernment. If within this period Pius IX. has not
received an assurance that France will support him in
getting back those portions of his territories which have
been taken from him by Sardinia, he has declared that
he will quit his capital, and that he will, moreover, give
to the world certain documents proving that Napoleon
HI. bad formally promised to preserve the integrity of
his temporal possessions. But it is not very likely that
the Emperor would undertake any obligation of that
kind without some corresponding conditions on the
other side. It is well known that the Pope has been
repeatedly urged by his Imperial protector to grant
various concessions and reforms which were demanded of
him; and it is also equally well known that up to the
present time none such have been granted, bat whether
the granting of these reforms was the consideration to be
given for the continued protection of the French
garrison, ar whether, as is hinted in other quarters, the
Pope had promised to make a member of the Buonaparte
family a cardinal, with the view of his succeeding him
iu the Papal chair, time only will shew. Rest assured,
however, that there is a mystery of some kind at work.
Dr. Cumming woul dealt it " the mystery of iniquity."
The despatches containing the ultimatum were brought
by M. de Cadore, the first secretary of the French Lega-
tion at Rome, to Turin, together with an autograph
letter from his Holiness to the Emperor, which is the
document one would like to have a look into, but these
matters are not managed here quite so well as in
Berlin. It has, however, transpired, that in this letter
the writer declares that if France is to limit her protec-
tion to the defence of his person, he would rather he a
prisoner in the fort of St. Angelo than a free man in
the Vatican, divested of the possession of those states, the
integrity of which he had sworn to defend. M. de Cadore,
not finding the Emperor at Marseilles, where he expected
to meet his Majesty on his return from Algiers, he set
off in all baste for Paris, and the result was, the two
extraordinary meetings of the Council to which I alluded
in my last.
The resolutions come to at these meetings have not
yet been made known, but the article in the Onstitu-
tionnel, signed by M. Boniface, which has been so much
the subject of comment within the last few days, appear
to indicate that the Cabinet of the Tuileries has no
intention of agreeing to the terms of the ultimatum.
M. Boniface, who signs the article in question, is the
secretary of the ridaction (editorial staff) of that paper,
which implies a more than usually governmental inspi-

ration.
pr
But supposing the Pope to leave, will ttie p
troops cease to, occupy Rome, and—return to France
This is a very doubtful question ; but it seems to
opinion of most persons here that the occupation
wl
entail* eyen after the flight of the Pope, and that the
Emperor will express a determination to preserve, even
in spite of His Holiness, the patrimony of St. Peter, and
assign that as a reason for not withdrawing his troops.
The Afonde, a journal which is recognised as a continua-
tion of the Univers, which the Emperor suppressed some
months ago, for daring to lecture bin on his conduct
towards some of the wildest of the French bishops,
makes it out that France would only be doing her duty
if she acted thus ; and very probably the author of the
article in the Constitutionnel means the same thing when
he says that France will always be ready " to prove to
the Head of the Church (even after his departure from
Rome) her respect and devotion, and in concurring in
the reparation of faults for which she is not responsible."
It is much more easy ,for France to keep Rome, now
she has got it; or, to express the soup "idea," in other
words, would it not be a much simpler plan to prevent
the Pope from leaving, than to have to bring him back
under an escort of French bayonets ?
Whatever may be the real state of the case, it is
abundantly manifest that if the Pope and his protectors
were to leave Rome, one great cause of difference
between Garibald and M. Cavour would be removed.

As to this last point, the "situation" has undergone
a considerable change. Whilst Garibaldi is talking of
attacking the French at Rome, and the Austrians at
Venice, and issuing proclamations to his volunteers, and
to a Venetian Committee, with a view to evoke a fresh
burst of feeling in favour of Italian unification ; and
while he is talking about proclaiming this unification
from the heights of the Quirinal, and stopping in his
course only on the summit of the Alps, he is finding
no small obstacles his way to be overcome in the king-
dom of Naples; to say uothing of the difficulties which
are caused to him by the wishes of the inhabitants
for immediate annexation; his resistance to these
wishes ; his quarrel with the Government of Turin,
and the influence of those revolutionary elements
in Naples which have compromised him in the
eyes of Europe, and are threatening to make that
city the focus of dangerous agitations. His military
operations against Cape with a view to drive Francis
11. out of Gaeta, have undergone a very marked check.
The debris of the Neapolitan army grouped around
the Sovereign—seems quite a new thing for them—to be
fighting in earnest, since the landing of the Garibaldians
on the main land. At the same time the check which
the volunteers have thus received, will, it is hoped, have
the effect of calming down some of the rasher spirits
among them, who are beat on precipitating the Dictator
in enterprises of the maddest description.
News has at length been received of General Lamori-
ciere : he is in Ancona, and has sent word to his family
of his safety. The fall of the place cannot be long
delayed.

It is generally believed that the English Government
has addressed a
Government very plain spoken despatch to the Sar-
dinian recommending it to take no steps
that would compromise it with Austria, or infringe
ppon the arrangement of yillafranca. The meeting of
the Turin Parliament on the 2nd of October, will cer-
tainlyi4pst important one that has ever been
held be the
.

14!414, Fri4ay, Sept. 28.
i,event kW. frtga 44134 i Veo; 91' 4 her9j4l yaw i*

frequently in the ranks of the army of Garibaldi. Her
name is the Countess Marie della Torre. Armed to the
teeth, and always in the front rank, this renowned Joan
d'Arc is said to have slain two Neapolitans with her own
hands during the fighting on the 20th. By all accounts,
Garibaldi would be none the worse for a good many
Joans d'Arc, and so it will be so long as he allows him-
self to listen to his present advisers. His recent intem-
perate language has deservedly alienated the sympathies
of some of the warmest friends of Italy, and has of
course a corresponding favourable effect on the cause of
the Royalists. If it be true that he has threatened to
bombard the town of Capua unless it is surrendered to
him, he is taking one of the worst leaves out of the
hook of King Bomba, sen. and jun. In fact, matters
have now come to such a pass, both in Naples,—where
the half-mad Alexandre Dumas is making himself a
laughing stock to the world, and compromising the repu-
tation of his patron and friend,—where all the refuse of
the French provisional government of 1848 seem to be
gotheang together, to repeat, if possible, the scandals,
follies, and excesses of that body,—and in the field, where
the raw Garibaldian levies are for the first time meeting
with a serious and loyal defence, that unless the Sardi-
nian Government actually interferes without delay to
save the Dictator from his friends, there is very little
choice left between reaction and revolution. A trium-
virate is already spoken of, and very decisive measures
are being adopted by the supreme power in several
directions.

A considerable amount of private property belonging
to Francis 11. and the members of his family—(one
account states so much as 501,794 ducats, or £400,000)
—has been seized upon and confiscated. All the pro-
perty from which the bishops and archbishops derive
their revenues has been declared national property, and
the bishops and archbishops are for the future to receive
their allowances from the State, which are in no case to
exceed the sum of 2,000 ducats per annum. The corps
of cannoniers and marines are to be dissolved on the
11th of October, and the navy is to be put under entirely
new regulations. All these are very strong steps for the
Dictator to take in the absence of the authority of the
King, in whose name he acts.

It is reported also that Garibaldi has appointed
M. Cattaneo as pro-Dictator of Naples in his ab-
sence. On the other hand, the language of the
Piedmontese journal, would appear to indicate it
to be the intention of that Government to adopt
a very energetic attitude towards himlbut it is almost
impossible to suppose that he will allow matters to come
to extremities. He has taken possession of Italy in the
name of King Victor Emmanuel. Fqrther, he. has com-
pelled the Neapolitan Ministers, when they entered upon
their functions, to swear " fidelity and obedience to
Victor Emmanuel." Is it therefore to be imagined that
he will be the first to give the example of disobedience
towards the King, or issue counter-orders to those which.
have emanated from Turin ? Impossible : unless we
assgme that he has delivered himself over to the Max-

ziniaus 411 d 14$ party, and agreed to cast in his lot,
including his whole fortune, his great name, character,

and reputation, with them and the cause of revolution,
_ _

with disaster, disorder, and its necessary result, despotisrn.
The accounts of the fighting on the line of the
Volturno are rather conflicting, the friends of each side
indulging in a great deal of exaggeration. There is
no doubt, however, that there had been three days of it
previously to the 22nd. Both parties seem to have
fought with equal courage, but both with equal loss.
Cajaazo was taken and retaken several times, but on the
21st it remained in the possession of the Garibaldians.
The cavalry made several vigorous sorties from Capua,
and inflicted severe losses ou the eyeing. The legion
La Masa, consisting of Sicilians, was dispersed, as well
the brigade Eber, and it is said that Colonel Puppi was
severely wounded. On the 21st, every carriage and cab
in Naples were put in requisition by the authorities, to
fetch the wounded, of whom 650 arrived in the evening.
There were great calls for linen and lint. The attack
of the cavalry was led by the Ist Regiment of Hussars,
which behaved very valiantly, and the Royal Artillery
followed their example. The place was to be invested
on Sunday. It appears that the Garibaldian artillery
is served by Piedmontese gunners. I should have men-
tioned when alluding to the, steps which were being
taken by Garibaldi in Naples itself; that the Cardinal
archbishop of that city were arrested by his orders
cluxi4g the. night of the 21st, and obliged to leave
Naples. eeyera! Piinelli has also been sent about his
business.

- A
Turin despatch, dated the 26th instant, mentions
that the King Was on the point of setting off for Bologna.
Also that the Piedmontese frigate Le Governelo, had

brought to Trieste 1,000 Austrians who had been taken
prisoners fighting in the ranks of the Papal troops.
Cardinal Antonelli's protest to the different members
of the Diplopatic Corps resident in Rome, appears in
the evening papers last eight. Ike protests in the name
of the Pope against the invasion of the Pontifical States
by the Sardinian troops, he expresses his confidence
that the Sovereigns of Europe will not view such an

act with indifference, and appeals to all the Catholic
Powers for aid. A letter from Rome, dated the 21st,

published in the Modde, states that General Guyon had

serf ,20Q French soldiers to Corneto, but had recalled
them on the approach of the Piedmontese troops, and

had subsequently refused to Coyer yiterbo, saying that
it was impossible for him to leave Rome. A postscilpt
to the same letter, written on the following day, states
that "it is felt how grievous a situation His Holiness
is placed in, and that it cannot but lead to extreme

measures being adopted by him; and that it was asserted
tboit the Pope, in an interview with M. de Goyon, said
to him,.—' M.
lc' General, the world is before me,' (le
monde egt grand) ; and that M. Cadore had reported this
expression to the Emperor on his arrival T'aris.”
The activity and firmness which have recently charac-
terised the proceedings of the Bourse have not been
diminished. _ _ _

---
The Rentes yesterday, which touched 68f. 70c.,
closed at 68f. 60c.

LATEST NEWS.

(111( BRITISH AND IRISH MAGNETIC TELEGRAPH.)

FRANCE.

The Herald's Paris correspondent says that
another division of infantry is to be sent to Rome
by the end -of this week. The French garrison
will thus be raised to 20,000.

THE FRENCH FUNDS.
The Bourse was tirPinA' aRtISt, Sept.
the
ogeei;.;B.3:l42stpc.mlos.ed
fiat. The final quotation of Rentes was 68f. 45e.,
or 15e. lower than yesterday.