The Express.
London, England, 1855-04-18 00:00:00

saismnik
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limbed wish a Masi at laasbow. . S - ' ' te.Oriareoli. '
Lewd R. GROSVE NOR maw/ Ow I ' , • ..
YR Om Ibaproviolan et aawassmil . - t.•
mslesplls. TM mills kW Pali "Os Mob :-.1 • CORILIPONDIANTL
MAN yr amlall is Is die , evils eiv V ississar.lasg mai* taw.
sou Mit it, veva astsalses. ' --"`"".
shag Ai .. aim% to, vsii..strist, At *Mat NI as
ass tb• GOMM' if platlasmas, mil somair 1 any et
bstla~is Ilai tarried dist Oas a law it stood was Is.
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HIGH WATER AT LONDON BRIDGE.
Illosz—Das—Ximifth 3a, Attemen. a. Um
Teascraow—Narstar, Na Altarposs. 14. 1170.

'maw ...,
bp
di WIZ epliniTaii traleammilitothe -----
Wliet le answer them. lie dwell ebs have do
if premed., *the WIN peddles la Swam of Me
W 000 rilhalw ef the meteepelle, ablest ail of
ir ben were eseseMed el* trades whisk would be sleeted
the bill ; sad be limed that whs. *me petitions lied
preassled, levee.. wield allow Shedd le paw before
sad et
VIessmAIMOTON esseaded the seeds& He did
se, Sa the bee pie% bemuse he bedewed that apes religiose
midi )1 =Mars was mese mead, re Bred ; sad,
tr. e. mend Ow, becalm he esaMmed it Isabelle for
the =dewing that rem Ma ("Mayas& yid relish
wee sweiddly sedelsed to ailed. He oleo
sapperled Ms eimmimellasiesimirel eis bemuse, far
from belleeleg iillee the eseleiellms elf India( would
be Wedeln le Ibe fatemiele dthe donee, he
believed*. Abet of /sad* leadles; wadi be I. ebilie
them be Owens. day? week A. Ms dqs' ware.
Sir J. V. SHELLZT said hie rawaSibermay felt very
straggly as tbie mildest, sad he wee vary amine to Bayport
the bill. He coefeseed he alma* have bees glad te bear as
outline of the bill, bat he would Owe hie bass stem*. to
the ;abject oa the mooed reeding.
Leave was thee gives to brig I. the bill.
EDUCATION OF PAUPER CHILDREN.
Mr. B. DENISON obtained leave to introduce a " Bill
to provide for the Edaatioa of Poor Persona is the receipt
of Oat-door Billet" •

LONDON, WEDNESDAY, APRIL 18.

BILLS OF EXCHANGE AND PROMISSORY NOTES.
Oa the Nation of Sir E. Plat, the following members
were somisated a velem oesammess is the Bills of Eschange
Bill, sad Bills of Exchange and Promissory Notes: Sir Z.
Perry, Mr. Walpole, Mr. Kirk, Mr. Glyn, Mr. Salleitor.
General for Inland, Mr. H. Keating, Mr. Lowe, Mr.
Meats, Mr. Rental], tee Lord Advocate, Mr. A
General, Mr. Gamey, Mr. Henley, Mr. Atherton, statta.
!balmy.
LAND AND ASSESSED TAXES DIVISIONS.
Mr. FREWEN obtaissd leave to bring is a " Bill to
facilitate the beauties of Division within aid for whirl
matisp of Coniatissiosen of Lead or Assessed Taxes may
On had is that part of the Visited Kingdom galled Great
Britain."

SUPPLY.
The »not of the committee ofeapply was then brought up.
Oa the reading et the item of 100,0001. voted on scorent,
as the
_previous evening, for 'dentin,
lir. HiLDFIELD said he must object to this vote. He
believed it to he highly Injurious to the welfare of the
country that the noble spirit of enterprise which had bees
suited as the subject of *dentin, should be interfered
with by these parliamentary grants, whisk were, in his
more see less moral points, preventimg
= no
dee et that public spirit which had been maaifestn
:=llllthe country. He knew It was said that the
had haul He coatended that it had
waked IV. Serial! ee last Shy yean. (Hear,
hew.) t brought etas in eight of the popolatioo
ander 'Swim re the Sakai, of the last ceases ;
MUM Wl* are magemsa ware aew espied in Sunday
NOM Iselelhip. A wide WS bag observed in another
VIM. Hurt the speeseeasest IMO the wont drainers and the
Men insontesengen la the sentry. He believed they
would she be led to be the want edematous. With this
waybills be sisal& move that the vets be ihallewed.
es 0. OMIT said if the hoe. geatkemea hal bees pry
cowl ea the penises evening ha weeil whops set have
Riede Ibis swain. It was this shiest that eassiderable
lassavesisase wadi ash*, set to the severomeat, bat to
sesleht 'shook if sew massy wen it oeSedi ea 'sweat.
It was Wishes proposed that *medial ai She veil should
he takes dim emil flat the dismiss Meld be rained
until the *ale weee eras osier emblesellea.
Mr. HADFIELD withdrew his effeshiss.
The naltica was tees speed to.
CONVENTION WITH SARDINIA BILL.
This hill was read a third time and passed.
The hoses Meowed at 8 o'clock.

PROPOSITION OF THE CHANCELLOR OF
THE EXCHEQUER FOR NEWSPAPER COPY-
RIGHT.

In committee on the Newspaper Stamp Duties
Bill, the Chancellor of the Exchequer proposes t.
insert the following important clauses, providbig
copyright for the proprietors of newspapers:
er suits may be carried on In the names of the
=entropriston of newspapers or other periodical
on behalf of themselves sad co-proprietors.)
aid whereas it is proper end expedient that the paws
who ter the We beteg may be registered, under any such
deglarstioe aforesaid in that behalf made, as the proprietors
el say sowspaper or other periodical publication, should be
ambled to insistein any action or suit I. their own ewes,
he sad on the behalf of themselves and of other proprietors
dee* :newspepsr or other periodical publication in oo-
peelesrship with them, be it enacted, that in any cue in
wide a aewspaper or other periodical publication
stall have been registered, and such security as
eismeald shall have been given in respect there-
et, in periwigs of the said several acts before men-
timed, or of this set, any settee, suit, or other prootedlog
at law, or in equity, or otherwise, to be oomoneced or in-
stituted for or on behalf of the proprietors of such news-
ppm eit other periodieal miblicatios is co-partnership
apnea any person, for reeovertag say debt, or enforcing
gay deli or demand, dee to such tiapartaership hi relation
M the sosseerns of sash newspaper or periodical publics-
dam, shall end lawfully may be eorameneed, thicketed, and
emoted at by and Is the names of the proprietors of mash
nempeper or other periodical publication, who for the
time ling shall be registered as such proprietors, or as two
omen et sash propels ton, by or ander any such declara-
tion as aforesaid in that behalf made, in museum of
the said act of the sixth and seventh years of his said
late Majesty, or of this act; sad the death, bankruptcy, or
inselmew of say such registered proprietor, after such
gaffe% ski, or ether proceeding oommeaced or instituted,
dell wet shale or prejudice the same; and in say such ac-
tin, snit, or ether proceedlog se aforesaid, a espy of any
auk deekselise, minified in the amass directed by the
- emllon et the said last-siestiosed act, epos such
Mind de thseefeesestimed, shall be oddities that the par-
allel IMMell is sash entitled copy aa proprietors of the num
pope or other periodical publication to which each deals-
skim may relate are duly registered as seal proprietors,
le mem, aisressid ; and a sudden' at the foot of, or in-
Awed lipm, Mak espy of • declaration, signed by the
einkinfronfff er dicer, se pence described as such, who
skill wile the NM Sky, and statiag that security has
bees duly glees is eaglet of seek newspaper or other
riodisel peikaties, be pentium of the statute in that
behalf, skill be endow that such security as aforesaid has
11 ism duly given in respect of the same.
Asti be it enacted, that the proprietors of every new►
p pfelell, for the purpose of protection against piracy,
he Wilke to • copyright in every original snide, letter,
pmegekkessernsaisstion, and composition which shall be
On the int time published in each newspaper is this
Ineetry.
Lad he it further smarted, that if say penes shall,
lads twenty-feez hours after the first publication of any
WOW article, Wier, paragraph, sonuausiestion, or ems
whim he say snob newspaper, print sad publish my eery
ot sash seigimal Wish, letter, paragraph, eswtheicatioe,
or of my material part thereof, or any
effeenthle eidigmeat or shanties of the same, such per-
sists...ll be emey inch offence forfeit • sum of sot km than
lea penedo, see seseedieg thirty ream* to the magnetos
dam nempeper seek* whim gosh steam has bees ems-
NOM; smi it shall he lawful kw the printer or publisher
of amok, lionmentisesd newspaper, on behalf of the pro-
minent Owed, M meow such penalty by anunntary pro-
melba Wore • stipeediary magistrate who kis, or two ;no-
tions whetting, juridistion when the party offending resides,
who dell teems a sinemens emeisiog seek party:se appear on a
day sal 114 a time sad ONO lo be named la seen MIMEOS'
Oath thesestbder less dim two days frees the date thereof);
soul every mob minsiens shall be served ea the party
asaaing either in pewit or at hie usual ems of abode ;
sad, either ape. the sikeeetem se the default to appear of
the perk sum, seek reseineete erjustierm may proceed
M Mee the esmpislat i and, epee geese of the edema, by
gankeee, or upon the oath of we or mere credible
witeesses (which est► each aughteses sad junkies ass
rest mainly hereby authorised to administer), may
envie% the offesdar in a penalty of net is. than
glee pommis. or more than thirty poufs, as to Guth nu-
giants or pietism may seem fit; and, if the mionat
of such penalty and the oases et the proceeding, width
spa be awned by melt magistrate or junkies, shall not
be mithwitlipaid. the same shall be levied by entrees
red
ado el the goods end 'banns of the oilman, se". sash
ellidhirsto Or Justices shall grit warrsoll etterifr.ely.

• .4

:i a, • - )11, dual 41—

•

THE EXPRESS. WEDNESDXY EVENING. APRIL 18, 1855.

to sesta- alitedniireritit, posterity may equitably be
expelled to bear its part of it. Future generations
will stand to se in the relation of hobs, who enter
into possession of the estate they inherit with all its
emoluments and all its liabilities. As they are to
benefit by the security proposed to be attained by the
war, they can justly be called upon to pay the ex-
pease by which that security has been obtained. But
I the existing generatir have not on this account the
right to burden posterity with any expenses beyond
what are absolutely necessary. It is therefore expedient
that the existing generation should beer the
cost of contracting the Loan, for otherwise they might
neglect a wise economy in the terms they agree to.
The new Three per Cents. created must be taken to
represent that burden which posterity may fairly be
milled upon to take part in bearing ; the Terminable
Annuities may be taken to represent the cost of obtain-
ing the Loan, which equitably fallsupon those who ne-
gotiate it. In thirty years—the average endurance of
a generation—the latter burden will cease to exist,
while that burden which we have a right to entail
upon posterity remains. The equity of such an
arrangement appears to be unquestionable; the only
doubt that remains is, whether it can be carried out
in practice. And that doubt can only be solved by
the biddings of Friday. If monied men see their
way clearly enough to contract for the Loan on the
terms, or reasonable conditions of Sir G. C. Lewis,
its practicability will be established.
In consenting to receive bidding. only for the
whole amount of the Loan, Government have pee-
-1 bably had in view to prevent extensive sales of
Savings Banks' stock. When the Emperor of the
Fainecs appealed to the class of small purchasers he
probably had two objects in view. One was politi-
cal—to identify the interests of the numerous class
of small proprietors with the stability of his Govern-
, meat. The other was financial—to render avail-
able a fund which in France is large in the
aggregate—the numerous small hoards of the less
wealthy classes. In England the political object
has been attained by other means. And with
regard to the financial, all capital in England is in-
vested. If owners of small sums were to be tempted
to take slices of the Loan, they would have to with-
draw their money from the Savings Banks, and this
would inevitably lead to extensive sales of Savings
Banks' stock. To prevent this may have been the
motive which has induced Government to prefer
dealing with one great capitalist, or association of
capitalists. They may have also been influenced by
the consideration that one or a few parties possessed
of large capitals can make sufficient gain by a lower
average profit than a great number of small capital-
hie, and can therefore afford to take a loan on terms
more advantageous to the State. On the other
side it may be alleged that by receiving bidding. fee
the whole amount only Ministers run the risk et
piecing themselves in the hands of one or more groat
neeeopolists, who may make their profit out of
Government an the onehand, and out of those who
purchase shares in the Loan from them on the other.
Which of these opposed views is correct can only be
aseertained by the bidding; of Friday.
It is the business of Government to obtain the Loan
es the most favourable terms for the nation. This,
however, is not an object to be attained by exacting
onreasonable terms from contractors. They who
asks the money forthcoming are entitled to a fair
muneration for their pains. On this point, however,
the expectations of contractors are liable to a bias,
and this ought to be kept in view by the CHANCELLOR
of the EXCHEQUER. He stands pledged to receive
biddiogs only for the whole amount ; but he does not
Island pledged to accept any bidding. whatever if, in
his opinion, they are exorbitant. It would never do
for the CHANCELLOR of the EXCHEQUER to ClOBO with
any bidding. on Friday merely to enable him to fill
up all the details of his budget speech.—Daily News.