The Press.
London, England, 1858-05-15 00:00:00

THE PRESS, MAY 15, 1858.

enough to induce him to withhold his assent from
the second reading of the bill. The measure, he
observed, was merely permissive, and if the public
felt more confidence in banks with unlimited liability
than in those the responsibility of which was limited,
the latter could not compete with the former, and it
was probable that the cases in which the act was
adopted would not be many.
Mr. Malaria insisted that it was a fallacious argu-
ment that the Legislature was on all occasions to
interfere for the protection of one party, the creditors
of a bank, who had ample means of protecting
themselves. There was no substantial distinction
between a banking and any other trading company,
if provision were made for due notice of their extent
of liability. He supported the bill, as well as
Mr. BAXTER, who said he saw no valid reason why
the terms upon which one man was to deal with
another should be prescribed by law. The rule of
unlimited liability prevented shrewd and cautious
men of business from carrying on banks upon a
sound principle, and tempted the public to repose
undue confidence in banks, which, on their part,
were induced to give facilities to wild and reckless
speculation.
Mr. JOSEPH EwART and Mr. SHERIDAN spoke in
favour of the bill.

Mr. SPOONER likewise supported the second read.
ing. He still considered the principle of limited
liability unsound ; but he could see no reason why,
if applied to other trades, it should not be extended
to banks.

The CHANCELLOR of the EXCHEQUER also gave his
support to the second reading of the bill. It put an
end, he said, to a restriction which could be main-
tained on no sound principle; and although it might
be true that the principle of limited liability bad not
been sufficiently tried, and the Legislature might be
obliged to retrace its steps, this was no reason why
it should not be applied to banks.
The amendment was negatived, and the bill was
read a second time.

The house then went into committee upon the
Church•rates Abolition Bill.

The first clause, abolishing church rates, was
carried, after a long debate, by 2'27 to 153.

The other clauses were agreed to.
Sir A. ELTON moved the addition of two new clauses,
one providing that any church rate made before the
passing of the act may be collected in the same way
as if the act had not been passed; the-other, empower.
ing the churchwardens and parishioners to make a
voluntary rate upon the occupiers of all property now
liable to church rate, provided that no occupier who
shall have refused or neglected to pay such voluntary
rate shall be entitled to vote at any vestry summoned
for church business ior eighteen months. _ _ _

The first clause was agreed to and added to the
bill; the other clause, after some discussion, was
withdrawn.

The bill then passed through the committee, and
was ordered to be reported.
Other bills were then advanced a stage, and the
house adjourned at twenty minutes to one o'clock.

foreign aab 6olonial

FRANCE.

An interesting debate took place in the Corps
Legislatif on the 7th inst., on the new enactments of
the Penal Code relating to the usurpation of titles.
The bill is intended to protect the remains of the old
French nobility, and those who have been created
since 1789, in the exclusive possession of their
titles. After an animated debate, in wbich it was
stated on the one side that hereditar; distinctions
were contrary to the principles of the Revolution,
and on the other that the right of the Sovereign to
confer titles ought to be shielded from any attack,
the bill wag carried by 211 to 23.
M. Picard, the opposition candidate, has been
elected for the Fifth Circumscription by a large
majority. The numbers, as far as they are yet
known, are .—Picard, 10,323 ; Eck, 8,970.
The Pays says that the questions in dispute be•
tween Turkey and Montenegro can only be resolved
by the Congress of Paris.
TURKEY

The differences between Turkey and Montenegro
are becoming serious. They arose as formerly out of
the impositions levied by the Turkish Government
on the Christian population of those districts. The
latest intelligence is, that there has been a battle
fought at Grahovo between the Turks on one aide
and the Montenegrins and the Herzegovine rayahs
on the other. The latter had fifty men killed and
seventy wounded. The loss of the Turks is not
known. Grahovo was burnt by its inhabitants.
It is expected that some French frigates will enter
the Adriatic.

The Moniteur of Wednesday contains an article
hostile to the Turkish pretensions.
SYRIA.

A mission is being organized at Beyrout to preach
Christianity to the Arabs. The head of it is an

English Jesuit of the name of Palgrave, who bus
been a member of the Jesuit College at Beyrout for
some years. This gentleman was formerly at Oxford,
and graduated there very well. He then went out to
India as an officer in the army, where he stayed
some few years, but upon leaving the Protestant for
the Roman Catholic Church, he resigned the service
and became a Jesuit. It is said that he is a first.
rate linguist, speaking nine or ten Oriental tongues
like a native. The Arabs say that he knows their
language better than any one of themsekes. He
thinks nothing of walking a long day's journey to
preach in some far-off village in Lebanon, an&
coming back in the same manner when his sermon
is over. Ho has now volunteered to proceed upon a
mission amongst the Bedouin tribes of the desert,
amongst whom the very fact of being a Christian is a
crime of the first magnitude. He leaves Beyrout—
perfectly alone—in a few days, and expects to be
absent amongst the wanderers he has proposed to
convert for a year at least.

INDIA.

THE BOMBAY MAIL.

The Wanderer has arrived from Alexandria with
the following telegram, in advance of the Bombay
Mail:—

ALEXANDRIA, May J.
The "{Mahn, with the Bombay mails of April 24, readied
Suez this morning.
Sir Colin Campbell had an interview with the Governor.
General, at Allahabad, on the 12th of April, and on the
20th was to start from Lucknow for Ruhilcund, accom.
ponying a column under General Walpole.
Bawdily and Calpee were still in the hands of the enemy,
and as yet no attack hail been made upon either of these
places.
The rebels are said to be in force along the river, near
Futtehpore, and near Benarea.

_ .
Up to the 18th of April Sir Hugh Rose was still at
Jhanai. Large bodies cf the ecemy are said to be advan-
cing from the East, with the view of getting in his rear.
General Roberts's force was preparing to go into quarters
at Nusseerabad and Neemuch. He writes that he will
encounter detachments of rebels in that district.

The Kotah garrison, 5,000 strong, were at large, but
without artillery.
General Whitlock remains at Saugor.
The Nepaulese are reported to be falling back upon
their own frontier, to protect it against the rebels.
Lord Conning was about to leave Allahabad for Calcutta.
General Lowe having started for England, Sir James
Outram takes his place at the Council Board.
Trade at Bombay had been less active during the
previous fortnight. The money-market was tight. Freights
unchanged. The banks had raised their discounts one
per cent.