The Express.
London, England, 1862-03-24 00:00:00

DRAM OP PRINCE WINDISCHGRATZ.

Prince Windiscbgrwtz, whose death is announced
in the latest amounts from Vienna, entered the military
service in 1804. He commanded the cuirassiers of the
Grand Duke Constantine at Leipsic, and distinguished him-
self during the French campaign at Troyes and at In Five.
Champenoise. His military renown, however, dates from
the year 1848, when he suppressed the Seise. movement
in Bohemia, and maintained a four days' battle
with the inhabitant+ of Vienna. His wife perished at
Prague on the 11th of June, in the same year, having been
killed while sitting at a window during the ....mute. Con-
queror at Prague and Vienna, he was defeated by the HUD-
prism, having been driven from Peath-Buda by Georgey
in April, 1849. Since that time be has lived in retirement.
The last days of this reactionary chief were saddened
by seeing the principles against which he had fought so
obstinately, carried out, partially, at all events, by the
government which be was supposed to have saved. On
one occasion, during the tint session of the Beicharath, his
chagrin found expression. He ascended the tribune of the
Upper Chamber, and prophesied new catastrophes.
the necessary consequence, he said, of the statute of
February ; and he announced that he was, as heretofore,
ready to protect Austria with his sword. This language
found no echo, however, in the chamber, ►nd the deceased
prince did not subsequently appear in public life.

MONOLITH TOIL THE NATIONAL ALBERT MEMO-
RIAL—W.IIw that there is a likelihood of a monolith
suitable fee the National Albert Memorial, about which
there has been moms dimmed= of late, being found on the
imitate of Bigmouth It is of granite ; and we believe a com-
munication hes been addressed to the committee in Lon-
don on the snidest. We have not heard the dimensions of
the block, but Imre little doubt that, if it be at all suitable,
it will be profaned, coming from Balmoral, to one from any
other quarter. —dterdecii Herald.
THE Cuasx SLAVE TRADE.—The following letter
has been handed to us for publication :—" Foreign-office,
March 19, 1862. —Sir, —I am directed by Lord Russell to
acknowledge the receipt of a memorial signed by you as
chairman of a meeting of the inhabitants of Edinburgh, call-
ing the attention of bar Majewty's government to the Cuban
slave trade, and praying that prompt measures may be
adopted for i•sistlag on the fulfilment by Spain of her
treaty enpgements with this country for the suppression of
this traffic. I am, in reply, to acquaint you that his lord-
ship is in communication with the Spanish government on
this subject, and will emit Do measures for accomplishing
the purpose dmired.—l Lavaao. —John
Dunlop, Eul!.—Adiablimil Courant.
THE ALLWICS Bamt.—The new bank has been
overwhelmed with • y.liante for share; the applications
being upwards of 160,1 r ; whilst the shares to be allotted,
according to the prospectus, are only 10,000 on the
first issue, and 10,000 on a second Miens, which, it is
understood, will be made forthwith. This groat demand
for shares is, no doubt, based on the fact that the bank
will have the support of London capital, and on the belief
that the directors will make some modifications of the
existing banking system in Liverpool. so as to attract to
the hunk that amount of cub deposits which is at pre-
sent nightly locked up in strong boxes and breeches pockets.
A banker is, in law and in fact, a dealer in money. He
barrows money from 006 set of people who have no present
employment for it, and lends it to another set of people
who have, taking care that he receives a larger remuners-
tics from the one than be pays to the other. It does not
matter whet feces the loss ammass, but this is the simple
operation of a banker. There Is, no doubt. always • con-
siderable sum of money lying unemployed in Liverpool,
but experience shows that, in au active community like this,
rely little Liverpool money remains in deposit with the
hankers when the rate of interest is sufficiently high to secure
good security or profitable employment elsewhere. This,
however, is not the case in` ondon. Experience there
shows that there is always • class of depositors who, in
lodging money at • bankers, Kok rather security than
interest, and hence it is that the London bankers are enabled
to make for their shareholders such high rates of dividend.
The promoters of the Alliance Bask of London and Liver-
pool seem well to have considered this, and it is nameably
to he expected that, without entering into any hostile
rivalry with existing banks, they will be able to manage the
new scheme in a manner that will give increased facilities
to the public and yield respectable dividends to their share-
holders. If a bank mould be maintained in Liverpool with
Liverpool deposits only, and without any charge for com-
mission, the public may be aseured that the practice would
have been adopted Wog ago by the shrewd bankers living
mom* us. We feel sure, therefore, that any mere Liver-
pool bank, relying epos Liverpool deposits only, and aban-
doning all past Liverpool experience, will ultimately realise
a disaster to its too sanguine promoters and too confiding
shareholders.—Li Albion.