The Express.
London, England, 1864-05-09 00:00:00

TEE RIP

"MELD'S celebrated UNITED SERVICE SOAP I upon what ground can it be held that* tone of
TABLET% ed, and al each, told by all chandlers and fourteen millions of currency poll, hod in 1844
L.wilsibra• "float
44 thatilliswbu: PIC".• •I• FIELD ta should be rigorously maintained thatPeink sow ?
oa each_paoket ox, and tablet Wholesale sad for exportation .„
at the Works, WIWI ILUti3ll, LANDIXTIL LONDON, 8., where it at that time, when our commerce was nearly a
also mar be obtained their Mae Medal Persians Candles. third of what it has since become, this limit was
adequate, we in 1864 have far outgrown it. Those
fourteen millions are now as little sufficient to
meet the wants of trade as seven millions would
have been then. Suppose that in 1830 the Bank
Charter Act had been passed, allowing only an
issue of ten millions, it might have sufficed for the
requirements of the time, but a revision would
have been assuredly called for fourteen years
later. It stands to reason that 1844 should
, not be considered the finality year of all
measures of currency reform, unless it should be I
thought that England had then reached its acme of
commercial development and soundly based
credit, and should be forbidden to progress
I any farther. Yet, in one and the same
j moment, we are congratulated upon our in-
creas'ng trade, and recommended to retain a mea-
sure that proves one of its greatest obstacles. One
of the worst tendencies of the present Act is the
power it gives to one or two influential houses to
disorganize all the operations of commerce. A
heavy demand from a first-rate firm may, and in
fact does, result in a diminution of the Bank re-
serves, and a rise in the rate of discount is the
necessary consequence. If our trade were in
the same position as in 1844, there would
be little cause for apprehension, as apparently an
ample margin was left to meet the effect of
operations of this nature. Now we have got be-
yond this point, and when one great house chooses,
for its own interest, to press upon the Bank, the
great bulk of the trading community suffers.
The directors of the Bank are bound to protect
their reserves, and consequently are fully justified
in adopting any remedial measures that may
be forced upon them. One of the restric-
tions they have found it necessary to adopt
is the apparently absurd one of refusing, ex•
cept when the transfer-books are closed,
to make advances upon Consols. It is &brad
incredible that the first security of the country—
we may safely say of the world—is unavailable
when presented at the Bank to obtain the assist-
ance of a temporary loan. And yet upon this
same security are issued to the public some four-
teen millions of notes equally good es those issued
against bullion. The contradiction is patent, and
arises entirely from the stringent requirements
consequent on the operation of the present law.
Let that law be appropriately modified, and many
of the most urgent difficulties that now disorganize
trade will immediately vanish.
The Bank Act bears a marked resemblance to
that other ingenious theory of Sir Rosser Pau,,
the sliding scale. In both cases sound and un•
sound principles are pretty equally mixed. No
doubt the sliding scale was better than absolute
protection, but it was utterly beneath free trade.
The Bank Act strives to do for the currency what
the sliding scale tried to do for corn, and the one
meatus has no more element of finality than the
other. The imperfections of the Act are now
almost universally admitted, and the wish is a
just and a growing one that its provisions should
be reconsidered by the Legislature, and be brought
more in harmony with the vast progress of com-
merce and the increased facilities of circulation,
which our enormous augmentation of national
wealth since 1844 will certainly justify.

Ih expreots.

istvaillausials tot;;lsT tar " iii; ExprZr London Evening
IP='at be ea lbe elle% ie. Bouverte4Woot, by TWO
ir co Ye 467 et seblieettlee.

HAYXAtAIT.

Testy ZITIINO, AN TIFIECICKY MORTAL Miss Hants.—
DA VI D GARRICK. Maass Bothers, Daekstooe. Chippendale,
Bogen : Mesdames Moore, Rnowdoa, lltserlDlam.—VY.NUS
AND Allen& llhe ILeslsy.—And A KISS IN THE DARK.

PAINCE&is!i.

Tai Eizerneo, DRAWIN(4.OOer, sECOND FLOOR, AND
♦T[MC& Mr. D. rushee and Mlii H. Howard.—And ROMEO
♦ND JULIET. Marra Nelson and Vining Seeps
Cold and. Mrs. H. Manton.

JIMITaggA,

THIS Immo. THE LEFT-HANDED MAIRLSOL Mn S.
Lae sad all the Company.-THE GREAT GHOST EFFECT.
-DEBO-LEAR.. Master Percy Resells aad Maass C. St. Came
tad Soon.—And a grand SHAKSPERIAN ThIILELUX.

rig 'noun.

OSBORNE, MAY 7.
The Queen and Prinoess Louise walked and
drove yeeserday morniag.

MAY 8.
The Queen drove oat yesterday with Princess Helena,
attended by Colonel the Hon. A. Herding..
Prince Leopold, attended by Lord A. Paget and Mr.
Buff, went on board her Majesty's ship Prince Consort,
in Coweafroads.
This morning the Queen, Princess Helene, Princess
Loans, Prince Leopold, and Princess Beatrice, attended
Divine service at Osborne.
The Rev. G. Prothro perforated the service.

The Print* at Wales held a levee at St. James's Palms
oo Bsturday aftersom. as behalf of her Wien,.
His Royal Highnoes, 'storied by a detarlunent of the Lt
Life Guards, and atteaded by Lord Alfred Hervey, the Hos.
R. H. Mead*, and Major Tends* left Marlborough House
at Iris minutes to 2 o'clock.

His Royal Highness wore the uniform of a general officer
with the orders of the G MUT sad Star of ladle.

The Priam of Widen rode out in the afternoon, attended
by Major Teesdale.
The Prime. of Wales drove oat in the afternoon, attended
by the Hon. Mn. William Grey.l
Their royal highnesses gave a dinner party in the even-
.

hag.
The Prince and Primers of W 41114 with the Hoe. Mn.
W. Grey end Major Teesdale in waiting, attended Divine
service at the Chapel Royal, St. Jemes'•, yesterday mora-
le& The Communion Service wee read by the Rev. the
Sub-Dean, the Roy. J. V. Povab, and the key. C. F.
Taper.

The Rev. C. F. Tarter, chaplain to her Majesty and the
Prince of Wales, preached the sermon from 1 St. Peter,
iv., 7.
Anthem—" Lift up your heada."—Handel.
Mr. Goss presided at the ogres.

The Dake Of St. Albans, the iarl of St. Germans, Viscount
Sydney, Lord Llanovse, Lord Campbell, Lord Hastings, and
the Bishop of St. David's were present daring the service.
The Prince and Princess of Weiss drove to Kew in the
afternoon.

A Cabinet Council was held on Saturday. The
ministers present were Viscount Palmerston, the
Lord Chancellor, Earl Granville, the Duke of
Argyll, Sir George Grey, Earl Russell, the
Right Hon. Edward Cardwell, Earl De Grey,
Sir Charles Wood, the Chancellor of the Exche-
quer, the Duke of Somerset, the Right Hon. T.
Milner Gibson, the Earl of Clarendon, Lord
Stailnley of Alderley, and the Right Hon. C. P.
Vliers.

The Committee of Council on Education at at the Privy
Council office on Saturday. The lords present were the
Lord President, the Duke of Argyll, the Duke of Somerset,
the Chancellor of the Exchequer, Sir George Grey, the
Bight Hoc. C. P. Villiers, and the Right Hos. the Vice-
President.

Despatches were received on Saturday at the Colooial.
office from the Lord High Commissioner of the lonian
Islands. Despatches were seat to the Governor, of the
Falkland Island; Canada, sad the Bahamas.

Rrrom or as MAJterry ro WINDROR.—Her
Majesty the Quees and the younger member of the royal
family will leave Osborne, it is erpeeittd, about 3 o'clock
this afternoon, and return to Windsor Castle, arriving at
W indlor about 6 o'clock.

The A bcrdeen Herald says :—" Her Majesty will
probably be at Balmoral Castle again on I Saturday next.
As at present arranged, she will leave Windsor on Friday
evening at 10 minutes to 7, and travelling by Leamington,
Buabbtuy, and Carlisle, will reach Perth at 3:1 minutes
before 9on Sato.day morning. After stopping an hour
for refreshments, and for adjusting the carriages—which
will be fitted up with bedding for the night—the journey
will be resumed, and, with a single stoppage at Bridge of
Dun to take in water for the eosin*. Fenyhill will be
reached at twenty-cum minutes past twelve. Here a stay
of five minutes will take plane ; and the railway journey
will tinniest* at Aboyna. at thirty-two minutes wit one
o'clock. The remainder of the journey will be performed
by posting. Her Majesty will stay at Balmoral, as before
stated, four weeks."

His Excellency the Ambassador of France has
issued card. for his first reception at Albert gate House on
Friday, the 20th inst.

►, so.

THI ORITISJ

;. X.VEN
s r.

MAY

•
a morejeg were Wood the of the
~ome and expenditure of the British fee the
year ending the 31st of March last. The lateene was
134,9751. 115. 5d.„ end the expenditure 95,5001. 14s. 9d.,
leaving a balance of 39,4741. 16s. Bd. It &pansy that the
number of anon ahnbled last year to view the museum,
exclusive of seeders, was lees than in any year given in the
return, beginning with 1858, and not half the number in
1862—the Exhibition year. The total number was 440,801.
To the reading room there were 107,821 visitors, and to the
galleries of sculpture 2,042, to the print room 2,827, and to
the coin and medal room 1,204. The number of iv:sitars to
the reeding room bee declined from the avenge
of 1838 to 1863 by about 20,000. Each reader
has consult I on as average 11 volumes a day.
The number of volumes added to the library (comprising
268 received under the international copytight treatise)
amounts to 36,262 (including music, alma, and newspapers),
of which 1,501 were presented, 28,2.40 purchased, sod
6,541 acquired by copyright. The number of ports of
volumes (comprising 632 received under the international
copyright treaties) is 39,733 (including atlases sod music),
of which 565 were presented, 24,413 paralleled, and 14,755
✓equired by copyright. The total number of newspapers
gegnind is 1,064, besides single numbers of 31 American
newspapers. Of these, 770 (Cr., 215 published in Loudon,
and 555 in the country) have been received from the Inland
Revenue Office in England, 145 from the branch of that
allies is Ireland, and 135 from the blanch of the some
office in Scotland, and 14 and the single numbers bare
been purchased. The additions made to the manaacript
department in the course of the year are as follows :—To
the general °dilation, manuscripts, 461; original charters
and rolls, 114 ; to the Egerton collection, manuscripts, A.
The total number of additional specimens to the nand
history during the year 1863 is 102,474, of which 98,754 are
registered in the &warrant of zoology, 3,053 in the depart-
ment of geology, and 667 in the department of mineralogy.
During the year 1863, 98,754 specimens of animals of dif-
ferent classes have bees added to the several perts of the
zoological eolleotion, namely—vertebrate animals, 3,973;
nroilunons and radiated animals, 1,257 ; anettlons animals,
93,524—t0ta1, 98,734. A large proportion of these speci-
mens has been presented; others have bees mantel from
collections which have been offered as those mat interest-
ing and desirable for the miaow, as Illustrating the
zoology of a particular region of the earth's surreal lately
explored, or as tending to illustrate some improved scientific
elessification that had been lately published, or as interest.
log in Dona other scientific or economic relation, and many
have bees chosen because they are identical types or
specimens dearibed by some zoologist of reputation. The
mineral department has received valuable additions during
the veer 1863. They amount in number to 667 specimens.

THE NEW NATIONAL GALLERY, BURLINGTON
HOME.

The estimate of the sum that wi►► be required
during the year ending 31st March, 1865, for the erection of
the above building is 10,0.:Y. The totes alienate for the
work, including finishing and decoration, iv 1520C3f. Is the
following letter to the Lords of the Treemary the Chief
Commissioner of Works gives some particulars el the pro-

posed gallery :
" Oaks of Works, kr., S.W., 29th April, 1864.
_ _

. .
"My Lords,—The accompanying estimate is for the
erection of the National Gallery on the site purchased by
the government in Piccadilly. The rite ommiets of about three
and a half acne, of which one-half is occupied by Burlier
toe House, with Be two wing and its colonnade, and by
the courtyard which they surround. These buildings
are occupied by the Royal Society, the University
of Loodoo, the Lineam Society, and the Chemical
Society ; and the large hall is used for the meetinp of the
Geographical and other learned societies. Three building.
need not be disturbed at present, since the garden which
occupies half of the site will furnish ample accommodation
for the pictures, ancient and modern, belonging to the
trustees of the National Gallery, and also for the additions
to the collections which may be expected by gift, and por-
&see, for many years to come. Whomever, however, a
large increase of space may be required, Burlington Howe
and its wings will be pulled down so make room for an =-
tension of the National Gallery ; and in the meantime the
courtyard will make a handsome and convenient approach
to the main mittenca of the new building, which
' will be through the central hall of Burlington
' House. The proposed building will be 303 feet
long, and 218 feet wide. That pert of it which
will be devoted to the exhibition of pictures will be of
one story, lit from the ceiling, and will provide 3,000
lineal feet of wall-space in a horizootal line, exclusive of
doorways, arid 36,200 superficial feet of floor space. The
larger galleries will be 40 feet wide, and 40 feet high ; and
the rooms for small pictures will be 21 feet wide, with •
proportionate height The only external elevation that
will be visible will be at the northern side in Burlington-
gardens, where the board-room and officea of the trustees
and the residence of the keeper :" be placed in two
stories, and where there .31 be a publin estrum,. On the
soother. side, where the level of the grand is lower,
there will be a limb! basement story, and the whole bond-
ing will be of fireproof construction.—l am, &c.,
(Sigurd) " W. COWII2I.
" The Right Hoe, the Lords Commasioners of Her
Majesty's Treasury.'

ANAVA ALT AT CA mßeiDos-Horsi—Visoountesq
Palmerston received a numerous sad fashiosable company
on Saturday airman, at her mansion in Piccadilly. The
noble premier was image to meet his friends owiag to hi-
dispositica arising from gout. Among the visitors proem.
were the Preach, Russian, Turkish. and Andrian mates-
isiors, and the Bavaria., Portuguese, Swedish, United
States, Italian, Netherlands, and Spanish miaisters, Count
A. Bernetarlf, Count A. Apponyi, Count Maffei. ko.

Viscount Palmerston is recovering from his
attack of soot, and in a few days will be able to terse»
his equal place in the House of Commons—in all protehility
before the houe adjures for the holidays.

The Right lion. Sir Robert Peel, Bart, M.P.,
entertained at dinner, on Saturday evening, at him mansion
is Whitehall•prdens, the foPowing 'mistimes sad gentle-
men :—Lord Dunkollio, M.P., Lord Fermoy, M.P., Lord
Athlamney, M.P.. Sir Henry H. Bruce, M.P., Sir Colinas
M. O'Logbleo, Bert., M.P., Colonel F. French, M.P.,
Colonel Vaudoise:, ILP., Lieateasat•Oolooel S. A. Dick-
am M.P., Hr. Robert Dancombs ghetto, ILP., Hr.
William N. Massey, IL.P., Mr. William F. Fitswilliam
Bums, M.P., Hr. Thomson Hankey, M.P., Dr. Hancock,
Hr. Ds Moloyos, Mr. Thoroh'lL Mr. Barks, Mr. W.
Creyks, Hr. William M'Cormick, SL P., Hr. J. A. Nan,
ILP., la

The Right Hoe. Sir W. H. Jolliffe, Bart., M.P.,
received Gegen! the Right Hon. J. Pea, M.P., and Mae
Peel, Lord Cu)., Generel Laereincle. Geeeral Sir Fleury
and Lady Bentinck, and a select platy at dinner, en Satur-
day, at bit hones in Strattoo-etreet.

At the annual Ascension dinner at Lambeth
Palace, gives by the primate to the bishop., the four arch-
bishops of England end Ireland were present, a eircirol-
stance said to be unprecedented in recent times. The
guests were the Archbishop of York, the Archbishop of
Armagh, the Archbishop of Dublin, the Bishops of London,
Durham, Winchester, St. Aare, Chichester, Orford,
Bangor, Llaridsff, Gloucester, Salisbury, Ely, Corbels,
Worcester, Lichfield, St. David's, Down and (lonsor, and
Lincoln ; with the Rev. Prebendary J. R. Hall and the
Hon. and Rev. G. W. Bourke, chaplains to the primate.
Barbiere is to be repeated to-morrow at Covent
Garden ; sod on Thursday Mdlle. Pauline Lama makes her
first appearance so Valentine, in the Huguenots.
Ten Moser SPENT ON FORTIFICASIONS.—It
appears from a part unentary return, keened this margin,
that the amount actually expended to the 31st Manly
1864, out of the monies issued out of the Consolidated
Fond for the expenses of fortifications, ha., is 2,836,6091.
18a. sd. Of this ram Portsmouth has taken 1,069,1431.
lfis. 6d. ; Plymouth, 623,185/. 12,. 6d. ; Pembroke,
175,5621. 19a. 101. ; Portland, 186,1811, le. 2d. ; Greve-
end, 85,9351. 12e. sd. ; Chatham, 127,1501. 7s. 6d. ; Med-
way and Sheerness, 192,1081. 18e. 10d. ; Dover, 231,3361.
101. 11d. ; Cork, 38,705/. lls. id. ; ever:meats, 2,6691.
7s. 11d. ; clearance works, 6,4121. la. sd. ; land surveyors'
charges, 13,9711. 17a. Id. ; surveys and legal charges,
41,0261, 17s. ; civil staff, travelliag, and other coatiogsat
expanses connected with works, 73,1981. 13s. 101

INO,
LATENT INTELLIGENCE.
THE CONFERENCE.

The Times assumes that the decision at the Con-
ference tod►y as to the armistice rests with the
Danes " Will they evacuate Akan and raise the
blockade ? It seems agreed on all hands that the
choice is with them. What use will they make of
this opportunity, probably the last which interposes
between them and destruction ? There ought
to be no doubt at all, but we cannot say that
we are very sanguine." The Times cannot
now conceive how things would be mended could
our government be persuaded to try the chances of
war. "In the first place, it is too ,*ate. If we were
to fight at all, it should have been while there was
something left worth fighting for, and before Den-
mark was reduced to two small islands in the
Baltic. We are told that injustice has been done,
and that wherever it has been done it is our duty
to correct it. We decline to accept the office thus
throe a upon us of Attorney-General for the whole
human race. When the interest and honour of
the country are concerned we trust we shall
always be able, as our ancestors were, to protect
that interest and honour by the sword. But
what is the interest which unites us by the side of
Denmark, and what are the obligations by which our
honour is bound t Denmark has been in European
war our loyal and honourable, our brave and consis-
tent, enemy. We entered into a treaty for declaring
the succession to her crown ; but of the five great
powers parties to that treaty two are engaged in
war with her, and two stand neutral under cir-
cumstanoes which may not unreasonably lead to
the supposition that they regard the war without
dislike, and even with some degree of complacency.
This is no question of sympathies and antipathies,
of sentiment or of prejudice. It is a question of
throwing down the gauntlet to forty millions of
men whom we have been in the habit of looking on
with respect and regard, and to preserve whom
from the great military empires of Russia and
France has been our traditional object." On the
other hand, it is stated in another quarter that the
reply of the Danish government does not amount to
a refusal of the propositions of the German powers ;
but, " while substantially protesting againsAhose
propositions, leaves the representatives of De&ark
free to proceed with the discussion, including even
terms of the suspension of hostilities."

SACRED HARMONIC SOCIETY, EXETER HALL.—
Hasdas peat choral work, Israel in Egypt, will be per-
formed on Friday neat, the 13th inst.. for the lest time this
Beeson. Madame Parepe, Miss Back a Iledame &intent-Dolby,
Mr. Sires Reeves, Yr. Weis, and Mr. Bentley, principal
vocalims. _

CATITAL PALACZ. Frvs SHILLING DAT.
SATtIiDAT, MAT 7.—AdlenAiOta 011 payment, 1,745; ditto
by iesace ticks* 4,699; Wel, 6,444.