The Express.
London, England, 1848-11-11 00:00:00

r hoe -------
ped ; best fat Bollocks, 455. is 605.; genera lot
Cows sad Steers, about 40s. Sheep to great amnion., with a
dull demand, at floss bd. to 6111. per lb. Cows sad Calves
of good quality nick a fair damead. The Hens fair was
better suended 'than meal, sad abetter pascal quality.
GLASGOW, Nov. 9.—The marina this wanting was not so
be with Sheep as lam week, but still the
largely
number was equal to the demand. Priers ha genera de-
chivied, and a good may won turned oat *scold. Of Cattle
awe was a fall average supply, bat few of drat quality,
which seemed the only kid Waited after. These
turnelast
amiataised former rates ; whilst a good assay
he
inferior
Cattle, principally from 'relent, maid ass be
low as
d
into mosey. Best quality of Beef, 6.5/. ; isharit. as
40a. per cwt.
---
COVENT OARDEN.—This Mistim.—The maw 11
kit is well supplied with VenrAnkhos mkt melt lib 111
Emit. Pininappke me plantital i and Nalos
sattleiest ter Has riemand. wow, Pippins s sesmie=
&mem Apples an ticketed siz ad sight lir IL
Pears we renterkwl goad ortiftwas of Brews ISsAtirr .
Chaumont/Ile. Marie Lod" amemat, Ohne Moreau,
Basra Dial, Pane Colmar, Ike. Mints in general an nrill-
eient for the demand, accept Filberts and Cobs. which are
scarce. Sass new Oranges have made their appearance.
Lemons are seams. Amorist Vegetables, Conran and Tar-
si's are abundant and good ; Cauliflowers, Broccoli, de,
sufficient for the demand. Some Asparagus bee t
mad its
'
s ,
appeerasoe. Supplies of Potatoes —good. thoulth no fr
from disease—have In en received from France.
Holland, and
Pravda. Lettuces and other Wading an sufficient for the
denies& Sualtrowne ow plentiful. Cat Flowers eotuist of
Heaths, Pelargoniums, Gardenias, Fuchsias, Carnations,
Hoge sad other Roses.
VIVITO.
PIN Ap*, per ft. 3/4 to to alines& oar doz-__Ls. t° 34
ihspro• bAbtram. per Re. le tole Alwoods. tef Pew, *
foreign. per W. lid to le. 04 sigoA, porn,. Se to 311
Pluses, per lowest. Wet tole Id Walnuts. pee MI, le 03 to
MO* dowel, per Mei. 4. to Ts per be*. lee to 140
Intones. iMto .3.t o 16 Clisilan6.. Pr P.*. 4". t 4
Peon. per 64. Is to 6 NW. liensima. Y., h.. 3b. to l's.
—pr bettium ile to Ws Filberts, pir41).0..00.*.1095
Isneowe arc Mu., le Wle :.: Cok per W. 10.. VW to lfele
par 100, 10* to vas
lima. Per lisels, l* W 16
TIKIHIABLI2.
°lb
agei.
TatioL; ratllissto 4 'l'm
n6=1.....7. =atf teed: is
Al
00010""atir des.. en to* we W. per Ile. 44 to *I
lliwooll. ts. Pes • oat. 3. to de 166-boe, an 41,A.
to di to le
brows. bow* Id to lad Turnip du,* to le
Pond. per-NPIMOW, bt to :/d Artichokno. par dos.. le fd to le
Poislast. per Ws, Ws to 116 Jinmwm. P. lif. wo. I& to
per ort-, le to As 11. dit
Per Vaiii, bddln 61 LANs% tble.. Pa wen, 44 to Is
Tondo% par dm. lowelee, N 1 to Se 430., per eon% P 4 to la
1144 lleat..pey i. 4 a. 6 to le Hadley. per wow. 61 to le
Hone HMIO. par boodle. la to 6 Hudineww. Pe* few*, thl 10 Is
*Swai" Per 100. *to ni per Weald. 4.. to W
Cormier., own, 41 W is
Woad dehole. per iwoiet, 34 to 3d
lea*, per beweli.l4 rand. per bonen. *lto 11
Cam.,.per lewd*. 64 to le 3.1 Awry. Per hunch. Id to, 3.1
C per 41. s bookeisr., 3. to 11l TlWese. tef bunch. It V. 44
APhlatt. per pkve. fki 03 b. Waterer... p.l2e.nallints..dd told
°Wow, pa Wench. 3.1 to 44 Parder. per .1.1.14.41.,144.14,111
i-ir Awbel, Is tid tot, 61 -- ROOlO. per bun.l.. Is to le lid
anleb, per .lou le 04 to lie
Mint,ldarorsm. to bunch. 31
i. lifing. p. Wore. le lid W 6 row. per b0w1... /41
ifballute. led it.. N""
For reaterday's or.'

Newmann 10.
Jest la Os market. end

LIVCILYOUL
There is a better feeling
roma.
H
Do. Piet. 1
Da,
& YakW . Mils, 1 11
late .IL U.,
Lan. & M. Karats, Ile 111
MIN. Ws., 1
Kartictialltn
Thee was ate Beek Ira
eldwili truer.
AWL Iton,, & la, 41d
Mat Lane. Nes, Ili
Da Prof. We IS
tc Tare^ MIA 21 d
Dm 331. (UM Kates.). 11 II
Dm W. IL U. SW 31 /Ad it
BIRMINGHAM SaL Somme ie.
We market am fimr, sad anew searldeeenly beroved.
Idis. ;OM. sir. I Derby), SS I Mn.e Ind" II 66.. 3d. d
Ma a Ildlyticad ist stelladdlien tn. 3,1.
Illellerdenne, 61 la 3d. 11
LEERS SALM NOTIOIIIIa 10.
TM transactions were limited la estate, without seek
alteration in prices, the stiffness of the inarlict being alleged
MI the mem of the ens:rioted dealings.
sn,ff .1611 d N. Witten TWIN SI
Nen ind% Si IltaSiedelure. d
liatLeck and BOMAN L. 1176. d

Ilkhisll. IP I
N.
iis=.
lairfors. sod Orroi.kialvar. I d
11. L Ss DOW, Pa
Tart. Items, mil Mr.i.14.1. II
LEL Sormom IL
we dais& bat Ow wars da.
um. h W. W. Qrs. (C), I
la I p
m, gra. • las. p3rimery
SOL). 1111 41
MIL (Or. a MAO, 916
OIL No. 4. 4 i

PRODUCL-LlSSe.rook, Nov. 10.-Sugar
refiners having eontiesed free boron, the soles of B. P. are
again extensive, avanentiog to 1.000 Mids., but witheat any
Mugs in price ; 3,000 bar of Bengal have also been taken
by the teeters, at either crier ram. Fareipit : The sales Sr.
congsed t 30 lande. Porto Rico, and a small parcel of yeAser
Hausa. for export: the demand for this latter peepers
=sew nearly at an end, our quotations must be inslA
In a great measure nominal, being much above ONO
Ar embeied descriptioss. li
Avrerner, Nov. 8 -Coffee : Very little has been done Is
Breed ; of Wiminge,_ about 1,100 bags ieund buyers at
204 e.; a few late of Java, of ordinary quality, sold at 211..
-Cotten: The market Mows a little more am=
ear stork effesing no great choice, nassectioes om
to supply immediate wants. A few hundred helm Mails, of
middling quality, were taken at 221c.-Ries °oedema I
neglects% Aroma may be bought at 444 to 4111.
merlin are large, and contribiate to keep prices deem;
1,100 bags arrived from Singapore, sad 440 tierces =2
from New 1/wk.-Sugar : About 1,400 boles
to appeared in public auction. and Assad buyers at
Oil to WI ; 600 boxes good yellow Havens sold at 1301.-
Tobacco bas been le good diamond : Wide. Keenest*
were placed at 144 e. to 214 e. 120 Mids. Virgil*, at 111 e. to
121 e. :end 60 Mids. Maryland, at ISM-Hides :We have
to report the mkt of 6,600 dry River Vete, at 170. to =L-
ied*. : No traomeeioes to report.
BAMOVIIII. Nov. 7.-Coffee: The market b Ber rea
sold at
, bat
quiet ; 2.000 bus Bruit, ordinary to ordinary aoici,
2es. to 1,200 hags Doming, at 30. to 31.. ; and 700
begs La Clasps, at 318.-Sugar defend is very limit Theed ;
1,200 boxes brown Havana were disposed of at
stock of the better drreriptione of yellow Havana is very
small. We quote middling yellows from 41s.
to ss. ; fine
yellows at 545. ; brown 13 *las, 4s. to 415.; whites, 611. to
BL-Coitin ; We have no transactions of moment to report -
pere : 100 tierces Carolina have bus sold at 161 m. to 17m.
100 lb. The sapplies of East India sofa have lately been
very extensive, end prism are aceninal.-Tobacco There
has been a good demand at very firm The
market is quiet, and parehasess are only suds to supply im-
mediate wants.-EiA. Anse on London thra months date,
13 Ss. ; short, 13 94a.
TALLOW.-Tallow is steady. Petersburg Y.C. on
the spot, 45e. ; October to December delivery, 445. 6d. to
9d. ; January to March, crs. 3d. to 6d.
He* -The sales have only been of a retail character, at
Beady rates. Petersburg Y. C., tint sort, may be quoted
455. 65. to 46e. per Oct.
Ltesaroox, Nov. 10.-The market hasbeen dull through-
out the 'seek. and the sells confined to small parcel of Pr
Unbars Y. C., at 465., and of Taganrog, at 445. 6_i. per cwt.
About 150 toss Americas Ludlum bees told at 370. to 40s.
per ewe, being barely previous rates
CORN.,-.DERBT. Nov. 10.-We have a slow trade
in Wheat, at about last week's prices Barley, Is. lowe
r. r.
Other things as last reported. Wheat, per 36 /tulle, 6111.
665. ; white, 625. to 635. Barley, 334. to 375. Oata,
per 24 swot, Ma to 304. Beans, old, per 38 stone, 490.
to 481.
Idecoxs, Nov. 10.-A very large show of Wheat, at Is.
to 2s. pa qr. decline; trade dull at the decline. Barley as
lest week. Oats rather better, with a fair quantity ehoog.
Old Wheat, 50s. to 575. • new, red, 495. to 521. ; new, white,
601. to 575. Barter. malting. 33a. to 365. ; grinding, 295. to
30s. Oats, 16s. to Va. Old Buns, 40e. to 421.
LlValarnot., Nov. 10.-Tbe duty on Wheat `es advanced
es. per qr., on Flour, to 3s. 711. per barrel, and tome
weeks will probably elapse before it rises higher, if, indeed,
say higher rat* be attained. With few favourable intervals
since the early part of the week, rain, frost, sail snow pre-
vailed alternately here ; and, having similar accounts from
several other parts of the ceuatry, Wheat sowing is stated
to be still either in suspension or to progress very slowly.
Owing to a return of contrary winds, the amvals from Ireland
since Monaay last are composed with a few trifling excep.
tions, of a moderate supply of Oats and Oatmeal, whilst of
any coastwise none worthy of note has appeared ; gad,
boyemcl 0,212 Indian CV 41.4 sad 10,46.1 bes.ffela a Fluor
from the American States, we have little to report from
abroad ; the exports at the sum time being incouiderable.
Several of the English markets this week are reported re.
they dearer for Wheat; but London being still kept in cheek
by continued liberal supplies of foreign, we have been fres
from animation here in the demand for this grain within the
post two days, during which other articles have also pee-
rally met a languid sale, with no perceptible change in
moss. Oar market this morning, although tolerably well
attended by home and country Doyen, exhibited no batiste
of a cheerful character in any of the leading branches of the
Corn trade The millers in general apparently inclined to
remain inactive, the transactions in any kind of 'Wheat were
effected with ditficulty, even upon a very mod, rate male,
sad all descriptions o, English, Irish, and foreign receded
fully Id. per
spa below our last quotations. Flour was
Mao taken very sperinly, mek Flour being the turn cheaper
end State., together with Canadian, barely maintained late
price.. Barley, Including all sorts of malting and grinding
qualities, and that, met a rather feeble demand upon the
terms last noted. Beene end Pew, commanding somewhat
more attention, improved slights in v due. The Oat trade
bung likewias firm, supported Tuesday's rates. Oatmeal
os the contrary, attracting little notice, declined 3d. to 6d.
per load. ladian Cora was more firmly held today, end
thh the localisms was not of large amount, extreme rstse
et T oug
uesda last wore pad. Caen Meal scarce, and steady is
value. Arrivalsy into Liverpool and Rumors from the 7*
to the 9th Nov. in/dative: heat.W 772 qrs. ; Barley, 101 ;
Malt, 204: Oats, 3,661; Rye 88; Beans 400; Indira
Corn, 4,312 ; Isaac Corn 111ia1,993 bar;eb ; Oatmeal,
4,342 seeks; Flour, 4= seeks, 16,455 barrels.
Errol, Nov. 9.-We bad a small supply of Wheat at 85
der 'e market, which was readily 100
up, at an advance
of per qr. on lam week's* prima Raley in demand, at
the pekoes voted. Is other senate no variatioo.
SOCTRASIrTOII, Nov. 10.-The favourable change in the
weather Our fled week ceased a scanty attendance of far.
men at this day's market, and consequently a
small supply
dboth boas grows Wheat and Basle . Wheat was very
km. with a good demand. Barley, ly fine malting
qualities, much intoired hr. The isle for Osta and Beane
Ewe Improved, and tke now trade also very Sr..
Nov. 10.-The flub mink of grain this
week are moderate. The Wheat trade nevsetitims is sloe
sod the rates of Ws day scennight are scare* obtolasais:
Barley is without alteration in value the waft el Ike
melting qualities Is small. Oats and Shelling elsodys bow
tel as drat. Other articles'. beton. Wheat per qr.efellMs.
to dm bush., Seffolk, Fares, and Kent, red, new, 51a. to 641.4
Wm 335.; white, 525. to 565.; extra, 68e. Northik ss
Heats, red, 491. to Me.; extra, 54t. ; white, 48e. w Ae. I
extra, Me. Lincolnshire and Cambridgeshire, red, 411 s.
to 61s. • cans, 645.; white, 48e. to 221. ; extra, MIL
Yorkshire, red, 461. to 61s. ; extra, 53e. ; white, 495. to tils.;
atm Ms. ; Dantric and Konigsberg, white. 635. to 544. ; en
tra, 57. ; Lower Baltic and Hamburg, red, Us.
to Ms.; extra, 66.. Mediterranean, red, 411 s.
435. ; extra, 491. ; old, red, 1847, 61s. to 575. . • obits,
Ills. Barley, par quarter imperial, Norfolk and 8816114
345. to 365. ; extra, 375. • Liacoinshire and Yorkshire. sti
to 365. ; 365. ; Scotch, 34e. to 360. • extra •a 3
i ;vita
leg, 295. to AIL; isedv, 30s. to 34e.; extra, 811.
sr
quartet, G3lba. to the bushel, small. fine, segiala=o
extra, 40e. Ticks, new, 35e. to 365. • extra, Na.;
new. Us. to 30s. Oats, per time, sseellag,ba lt
to 110. • extra, 125.; feeding, Ild. to slid.; stn, i.
foreign, 10id. to lid.; extra, 12d. Shellin, per lima et
2611 be., 225. to 295. ; extra, 30s. Malt, per load of 6
bushels, 395. to 40a. ; extra, 425. Per, per Imp. qr., blue
and white boiler', 36e. to ass.; extra, 38e. • !prey and feed,
335. to 345. ; extra, 71511. Rapeseed, per last imp., English,
241. to 261. ; foreign, 241. to 261. Linseed, per imp. qr., 32..
to 40a. Imports deriver_ the wee& : Wheat, 8,646 qrs.;
3,690; Oats, 2,354 ; Beans, 362; Peas, 326 qrs. ;
325 loads.

ws tort pop.

Vie Orpreoi.

MAMA.
lie Welt ladle May ezelediwi Renteda. North nWMeeana•
MN WPM. two Ilrethe, sad tarloging for
Jwateveollbeenewe. New Or Chill, sad Pere, Inn
be mei up MOO ands( et tbe 17th Nov.
libe nib Vept, Itadetro, WI; sae Wealth,
walls mei, urea the et tie 17th Nov.
as alb the Milt Miff'," end the Vetted Mew,
.11 be moth ewes weri el tle Int Nev.
The etheirt sib the thr. Malts. Grew" the Dolma lam"
Fere, Alsa. Oil" leak Ilampithes, .ad Mr, ewe Mouthaesp
ta. wUI be awls mews the wwwthe 07 the bOth
TM embed demi nal% ete Mareelliee. te the NierNtenelteth.
WI" Oaerle. liewg-Nows, Iss.. will be made ep es the
aft
'beadle De New loath Wes, Via
Diesea's lead. aid New
Swine win be aril up es the owtilag el the SO* Nov.
lie mills ler Or Wed art et arise sae Disdain will be meth
math
op ea the ~log et lbe seat Ps.
The Medeire. the Drama. sad Nome Ayres, will be
able up co the ~AN of Ur 4111 Doe.

WON WNW'S All LOP MON 11111161.
WM, Dim ./feasims, SI m.s. pee t• MO ma.. P 333 3.
9.2 OM /101..41.191/6 9 99. 99 illesmee. 33 ale. gm 3.

LONDON, SATURDAY, NOV. 11.
Tux Directors of the Great Western and of the
South Western Railways have followed the example
set them by the Directors of the North Western, and
published statements of their financial condition and
prospects. These statements are addressed to the
proprietors, end purport to be intended to diaabuse
them of any doubts as to the solvency and favourable'
prospects of their respective concerns that may barn
been raised in their minds by the alarmist statements
of the nnes and its coadjutors. But in point et het I,
they are intended more to operate on the rural,
public than on the shareholders. Possibly etiquette
required that the directors should adopt this indirect
method of enlightening the public, but it has the dis-
advantage of leading them to dwell with
most force upon points which are only interesting
to shareholders, and consequently to be leis
full in their exposition of those matters in which alone
the public is interested. In selecting the features of
those statements to which we propose to direct at-
tention, we have been influenced solely by the consi-
deration of what it is important for the public to
mimeos cosset information regarding and entertain
sound views of.
The concern which the public has in this railwayl,
controversy we take to be simply as follows
first place, it is for the public interest that the isle
and management of the companies should be sate an
by warranting. their permanent profitableness on
the fair rinciples of trade, shall awn the
Est possible amenut of economical WNW
mailatios In the second place, it is for the =
Mau* that the business of the companies
be es coadueted as to ensure that they shall not, by
failure or insolvency, derange the relations of the
money market. This assurance can only be had by
the affairs of the companies being so conducted as to
I
afford fair profits on the money invested in them, and
by the extent of their undertakings being so limited
as to preclude the necessity of extraordinary and I
irregular operations in the money market. Sass,
operations would of themselves inj are all beandese d
commerce ; and immoderately extensive oodortabilso
would, by diminishing or extinguishing profits Gni
by accumulating calls, have the effect of utterly &-
troy ing the value of @hares and would thus ultimately
derange the money market. The
necessary
of the misstatements and exeggerationstitZ
have elicited explanations from the three great rail-
way companies in socosesion was, by creating a penis
to produce artificially such a state of affairs=
mismanagement on their part would have
asturally.
The statement of the Great Western is a proud aid
confident one, which, from the conscious sieselal
, implies, has a tendency to inspire confidants
we are not quite certain that this feeling Ms idiom
indulged in to axons. The arnounts are ealmeitted
and leR in a great measure to tell their own shay.
To the initiated in railway management and trams-
floss this may be perfectly satisfactory, but the ma-
jority of that public to whose good sense the appeal is
in reality made, would have been none the Waal Si a
little more elucidation and explanation—of some at-
tengietst point the moral of the tale.
facts, however, cannot fail to be satiefislierys
A number of contemplated railways, or portion d
railway not actually commenced, are to be emporia ;
their construction would have involved the useemity
of raising 2,019,0001. by shares, and 670,0121. hy I
loans; in all, 2,680,0121. The future capital to be ,
supplied amounts to 2,460.0001., to be raised
by additional shame (not required to be created
before 1851), to the amount of 2,460,000!., and
359,7831.; in all, 2,819,7831.. The traffic receipts
on 186 miles of railway during the year
ended 30th June, 1848, were 822,7461. ; the
sune average receipts on the lines to the
Birmingham and Staffordshire districts would
yield on 296 miles of railway, 1,310,3141. The
working expenses, at 40 per cent., would amount to
524,3141., leaving 786,0001. of earnings, to which
must be added for rents and interest on balances,
28,0001.—in all, 812,0001. The moiety of profits on
leased railways estimated in the same way would
amount to 883,1001. From these net earnings would
have to be deducted for interest on mortgage loans
and annual deficiency, 181,8301., leaving 701,250!. of
disposable balance. The share stock is valued at
10,700,0001., on which a dividend of 61. 10s. per cent.
would only amount to 698,7501. The additional
capital which this company will require to raise
within three years is not of such magnitude as to
warrant apprehensions of the effects of any opera-
tions by which it may be raised; and the divi,tends
which the shareholders are fairly entitled to expect,
even when taken in connexion with the amount and
frequency of calla to which they must make up their
minds to be liable, threaten no derangement of the
money market by an inundation of forced sales of

Barley,
Shalliag,

WOOL—LoNDote.—Tbere is a fair atiount of
bminees doing in: the English Wcial market, and bright-
haired combing kinds are more in request than they were
for the Yorkshire markets, in addition to which the demand
for shipping is rather more activ e. Priem are firm, but no
advance can Ise quoted at present. Tin market for ooloslal
and foreign has been dull this week, and as public mks are
to commence on Thursday sent, the 16th Inst., so banner
will be done until that time. About 30,000 balm will bs
offend, and the sales an expected to =dose about •
month. Arrivals this week are 423 balm foreign.

HAY.—Ssrntruaz, lir° d Cl•ek.—lleirrs.Coopst
mad Davis report prisms as Maws :
Pease Illootimo IS to 74. I &ARM 40.t0 52 Al. I *raw.. Ma to 281.
Islara to 63e. Mora

CATTLE, &e.—Exat ea, Nov. 10.—The Ripply to-
day was moderate ; Beasts were rather more plentiful ; and
Blimp rather less than on the bet market day. Them was a
pod 'mesdames of buyers, and Wags moved off pretty
ateadlly. Pat Beef mast be quoted at from Bs. 3d. to gt. per
more. Cows sad Caves were not meek asked foe, sad bold
at 81.8 e. to 141. each ; Wormers, about Os. per score. The
best fat Withers were worth full 6d. per lb. ; Bwes, 641. to
old. ; keeping Blimp, 30e. to 335. each.
TAVISTUCIL FAIR, NOT. B.—This bar been a large,'
perhap• the laraCovember fair known here. The attend-
once of buyers rather mall, a very Hat male was found
the morning. pules, ware, however, ultimately
obliged to yielu. and a great amber found purchasers at
prise, very much below their expectations, and lew than the
same Bessie would have maimed a south 'ue by from 10s.

Omni.
The financial statement fumed be the Directors of
the South Western Railway is, in some important re-
spects, leo fall and explicit than the statements issued
by the directors of the other two great companies.
They only inform the proprietors parenthetically that
the lines from Basingstoke to Salisbury, from Salle-

his "a pproval" of the conduct of the
berg totheßzet:ramaks frcelbstweFerhaaWattlAmit°l4antdcgetilLe: 'rsoPresselivernor in accepting a continuance of the supplies
They for three mouths, intnnating, however, that he doe?
don Bridges, are to be sus=
do not state the amounts ant to be so merely bemuse the acceptance was a fait seeornpli,
aimed by the awe of shares, or by loans for bat instaucting him to reject any future. offer "to
them undertakinp, or the sums that have been al- renew the supplies for a fractional portion of the
ready expended on them. They indicate in a similar ,financhal year." Is conformity with these instrace-
aliases manner that they hold lands, houses, &c. to [lions, the governor intimated that he would not see-
the vales of 260,0001., and " surplus rails," worth' rapt of any temporary renewal. of the tax ordinance;
50,0001.; " all of which,' they add, " may be realised and that " if the court were witting to proceed
as proper opportunities offer, and the made consideration of the estimate. he was perfectly willing
madaMe for the redaction of the IC:ieeet debt." to merest° with honourable members, provided the
peeing, to " rents hereafter de. only point of difference, with regard to the civil list,
i;B4 arches of the viaduct from were kept out of view." In other words, he prate:'
is Waterloo-road." Hoch a statement bited not merely any specific redaction of the civil
is not calculated to convey an somata and satisfac- list, but even the discussion of the question.
tory notion of the full extent of the company's liabi- The court refused in these circumstances to rescind
lities, or the value and security of its resources. It the vote to which they had come on the 20th of July ;
may be perfectly true, as stated by the dilators, that i and the governor declaring that " after the decision
" reprietare who take the trouble to investigate thel to which the court bad come, he had no other alter-
half-yearly reports of this company, together with native than to follow the same course that be had rol-
-1
the additional information usually given at the meet- lowed at the last meeting," accordingly adjourned
Jags of shareholders," may need no further informs- the court sine die.
tiara. But such parties required nee:planation beyond This was on the 25th of September. On the 27th
what they already . possessed, and it is not to them a " government notice" was publiahed, stating that in
that the statement is addressed. The uninformed— consequence of the Court of Policy of British Guiana,
those who have neither leisure nor opportunity to combined with the financial representatives thereof,
inform themselves by Werence to a series of half- having been adjourned sine die, without having made
yearly reports and chairmen's speeches—required a provision for the ways and means necessary for the
statement full and complete in itself. Either the service of the portion of the financial year, com-
e:planation should have been withheld as unease- 1 mencing on the let of July,.lBlB a
idending souse
wary, or made complete in itself. 30th of J une, 18V, which is unexpand inlaving offered this criticism, we arc bound to quence of the tax ordinance last voted being about to
add that we are satisfied that the defect adverted to expire, one tax ordinance of the year 1841, and twe
is owing 'solely. to an error in judgment. Quite tax ordinances of the year 1845, " will come into
enough is said in the statement to show that with operation and be in full force and effect after the Ist
judicious management for the future the South- day of Octob' r next." The ordinance of 1841 fin-
' Western Railway is a perfectly secure investment, poses a duty of 2t per cent. on all articles
and (what to the general public is cf infinitely mom the growth and produce of the United Kingdom,
consequence) that there is nothing in the state of its "t be continued to and until the 3rot of December,
affairs to warrant any apprehension that its opera- 1847, and no longer." The ordinance also bears to
lions or failures are likely to embarrass the money have been sanctioned by her Majesty on the express
market. And the cautious estimate made of the 1 understanding " that • discriminating duty be main-
mast and prespective liabilities and returns of the tabled in the case of British and foreign goods." Of
concern is a sufficient guarantee for the truthfulness the tax ordinances of 1845, declared by the governor
and good faith of tho account rendered ty the to bon operation, one decrees the raising of a loan
directors. for emigration purposes; the other imposes ea-
The company is empowered by act of parliament to taro duties on colonial produce in security of the
raise (by shares and leans) 9,952,7961. Of this sum payment of the interest o
ff the lean and for
7,820,2231. has already been received, leaving the creation of a sinking un. On the sth of
2,132,5731. still to be raised. The total expendi- October the governor published a despatch from Earl
tore up to the 21st tilt. has been 7,326,2621. ; and the Mute commanding him in the event of the Combined
farther sum required for the completion of all the Court refusing supplies, to continue to pay the charges
works, not suspended, for additional stock and for all on the civil list in full ; and to give notice to all other
outstanding liabilities whatever, is (after deductien of parties in the public service, ard to all public credi-
the cull in hand) 745,4411. The larger portio of tors, that their payment is contingent on the future
this sum will be required within the next line voting of supplies by the Court. The public servants I
months, but part may be deferred; and the directors thus warned are to be allowed the option of disoon-
" hope that by calling up of arrears, by borrowing, tinuing their services.
and by making the two remaining calla on the Thirds These are the steps which have been taken by go-
shares of 1846-7, in the same way as that of the 30th vernment since the adjournment sine die of the Com-1
Setember, namely, by giving ' such share holders as biped Court. On the part of the colonists, the non-
feel disposed, an opportunity of paying and of re- official members of the Combined Court have pro-1
ceiving a dividend in proportion to their paymeets: tested that the failure to provide for the annual ex-1
sufficient funds for the required purposes will be p.enditure was not owing to them, and a letter
obtained." There is nothing in the amount of the signed by twenty-four respectable merchants and
sum immediately required to justify any doubt of the firms, has been forwarded to the Colonial Receiver-
power of the company to raise it without disturbing General, and advertised in the newspapers, in which
the monetary relations of the country. they declare that the ordinance of 1841 expired oare-
With respect to the shareholders' prospects of divi- the 31st of December 1847, baying " been
deeds, the directors base their calculations upon the newed by the Combined Court, the only authority
receipts for the first four weeks of October, which competent to do so." They add—" We further ds-
eircumstanoes render their only. available data. They ' clare that we will only pay this duty of 21 per eat-
shew an average weekly receipt of 10,8281. ; which on imports ander compulsion, solemnly
for 52 weeks gives 563,0381. Assuming the 22 miles against its exaction as highly illegal and
to be opened in 1849, to yield in the same proportion, tuional ; and warning you that we hold von liable
the returns for that year will amount to 620,6721. and accountable for the amount of said duty thus
The working expenses, at 40 per cent., would amount illegally imposed, as well as for all losses and damages
to 248,2881., leaving • balance of 372,4041. The share arising in consequence:.
capital entitled to dividend will amount, in 1849, to Thus then stand affairs in the colony of Guiana:—
8,471,7081. The preference charges against revenue , The governor, who has no constitutional authority to
amount to 112,9491., leaving 259,4531. fur the dii- , impose taxes, is causing a duty on imports to be levied
deeds, and 4 per cent. on the share capital would only ;which expired at the close of 1847. This duty can
require 258,465/. The wetness of last October must be I only be levied on British produce and manufactures,
taken into account, as also the late period of the sea- land is therefore de fieto a differential duty in favour
son at which the Windsor line was opened. There of American and oilier foreign produce and maculae-
need, therefore, be no doubt that the shareholders are tures. And the duty is paid by the merchants under
certain at present of 4 per cent. for their money : they protest. lie is also causang duties on the agricultural
have, with the system of management now adopted, produce of the colony to be levied, which are, by the
every right to expect an early increase ; and they tax ordinance which grants them, appropriated to the
have no reason to apprehend early or exorbitant payment of interest on a specified debt, and the
calls. There is, therefore, no reason to doubt creation of a sinking fund for its extinction. And
the ultimate prosperity of the company, or to appre- by the instructions of the Secretary of State foruties d the
heed ...oh a
.preesure of it. stool, open the market se nelee;oe he is applying the proceeds of the
can operate tejuriousl) on the general business of the paid dates merchants under protest, and the proceeds
of the mortgaged to the immigration debt, to
country.
These are the inferences which seem to us to flow I pay the officials on the civil list. Lastly, he is refer
necessarily from the facts stated by the directors of mg to pay the public creditors, and to pay the
the Great Western and the South Western Companies. lice, the keepers of gaols, and other in
dupsewbls
As we showed on a former occasion, the statement services, telling these public servants that they II
issued by the direciers of the North Western leads to may cease to discharge their functions if they
exactly the tame conclusions. If they are well please; but that whether they discharge them or
founded, and the statements being in the hands not he will not pay them. The home au-
of the public every man can judge for him- thorities and the teal. government of British Guiana
self, there can be no doubt that most have combined to exact illegal taxes; to misappro-
unwarrantable misrepresentations of the state priate legal Men ; and to disband the police, goo en,
and prospects of these companies have (or and other public servants of the colony whose see-
the most favourable view of the case for their vices are indispensable to the preservation of law and
dies) been hazarded on extremely imperfect order.
imi mareliable information. The conduct of the prc- Government cannot deny that in acting thus it has
araliptors of such asprrinons can at best have been transgressed the limi:s of the constitution ; or that
OM of fools recklaiy throwing firebrands. Witt. the consequences of its transgression must fall mainly
regard to the North NVestern Railway, the niers— upon British merchants and manufacturers. And it
the most prominent and influential of these delis- cannot plead in its defence that the position as-
gaents—has already admitted the erroneonenes sumed by . the colonists was such as to ren-
s( its statements. And what apology has der this violation of the constitutional law in-
that journal offered for being instrumental Irritable. The colonists maintained that, reduction
is exciting a groundless and most dangerous in the public expenditure being necessary, the public
panic ? "''he North Western Company, at )snit, servants on the civil list should contribute along with
justifies our advice, for it admits that it has hastened others to render these redactions possible. Govern-
tits publication of its statement in consequence of the meat refused to permit this, on the ground that the
IpneW In other words—" We admit we have been salaries of the civil list officials have been voted for a
assonary to the circulation of a most mischievous term of years. The colonists rejoined that they were
kiesisood, but we have thereby elicited valuable in- voted at a time when colonial property was more va-
formation." If this excuse were admitted, a very luable than now, and that it has been diminished in
slight extension of the principle would warrant the value by measures which government forced upon
teller of a lie, instead of feeling compunction act them without consulting them, and against their will.
shame on detection, to glory in having been tie We do not say that this plea is valid—we do not say
means of eliciting truth by provoking contradictim.
lon thaists t the reduction of
onthee—but civil listwe pro do posayed bythat the co-
ITU the
question ought to have been allowed to be disonased,
and that
.government ought to have attempted to meet
the colonists, in their present distressed condition, half
way. Government would only have stood upon its legal
right in withholding the royal assent from any tax
ordinance the colonists might have voted : but, in
stead of waiting to do so, government has forbidden
them to discuss a part of the estimates • has unconsti-
tutionally closed the doors of the financial representa-
tives of the colony ; and has imposed and exacted
illegal taxes. What the result of the ungracious contest
may be, which government has thus harshly and arbi-
bitrarily, provoked, time alone Can determine • but
enough is already apparent to show that if the; colo-
nists have to succumb in the unequal struggle, the
result will be a triumph of might over right.

IT now lies with the people and parliament of
Great Britain to decide whether the constitutiotal
rights of Englishmen are to be wantonly and opprse-
sively trampled on in British Guiana—for government
has determined to try the experiment. We rill
state the facts of the case as calmly and impartially as
possible before we add one word of comment.
The °pealed of the sugar trade coming &se
upon the heels of negro emancipation has materialy
diminished for the present the value of the annnalre-
turns obtained from their plantations by the planters in
British Guiana. This is a fact which all parties ad-
mit, whatever construction they may put upon it, or
whatever inferences they may draw from it. As free
traders, unshaken in our faith as to the beneficial in-
I Ilumwe of free trade for all parties, we admit the fact,
god protectionists are not likely to deny it. The genes-
is that the amount of property subjected ta taxa-
=diminished, and that the previous rates of taxa-
tion press with undue weight urn what remains. The
Combined Court of British Guiana, in which, by the
constitution of the colony, the power to impose taxes
is exclusively vested, has in these circumstances re-
mitted to retrench the local expenditure and diminish
the local taxation. Neither the governor nor the
colonial office calls in question the propriety of this
step; on the contrary,
both of them admit that re-
duced expenditure and reduced taxation are indis-
pensable to the restoration of prosperity in the
colony.
The public service in Guiana is usually provided
for by a tax ordinance, which remains in force from
the let of July in one year to the 30th of Jane in
the next. On the 20th of July last, the Combined
Court met and proceeded to the order of the day—
** estimate. The first item is the civil list. The
court resolved that it should be diminished from
39,0721. to 26,0721. The *governor alleging that the
court had nothing to do with this item but to vote it,
immediately adjourned the court sine die. The court
had previously voted a continuation of thei old tax
arilimaes for three months, to prevent the possibility
of the colonial finances being embarrassed by a pro.
tasted discussion of the estimate.
The
_governor subsequently summoned the Corn-
blued Court to meet again on the 25th of September.
His laid bs&rs them extracts from two despatches of
Earl GUT. Gee of these states: " I am desirous to
be anderstud as leaving it entirely to the Combined
Court to amider and determine what reductions can
safely and properly be made ; and except as regards
the civil list (on which I have already expressed my
opinion in my despatch of the 15th of February), her
MAsusTT's government desire to exercise no
control over the financial arrangements of the
court." In the other despatch Earl OBEY

THE correct principle of church reform is the exten-
sion of the parochial system. The supply of addi-
tional curates, or the assistance of scripture-readers, is
pro tanto an object worthy the attention it receives
from the voluntary associations which are established
for such purposes, though there are not wanting very
serious objections against the constitution of both
these societies. But to treat either as a national
means of extending the efficiency of the church would
be to operate with an agency quite inefficient to attain
such an end. So long as our existing parochial divi-
sions are large and cumbrous and over-crowded, and
far beyond the strength of their incumbents, aid from
these societies is occasionally valuable ; but at best it
is a poor substitute for an efficient ecclesiastical system ;
rightly estimated they are libels on the church.
When our Saxon ancestors subdivided England
into 9,000 or 10,000 parishes, its population did
not exceed 3,000,000. Now it contains upwards
of 18,000,000; yet the number of parochial dis-
tricts does not probably reach 14,000. What is re-
nuked by. the interests of religion and by the necessi-
ties of civilisation is, that the number of parishes
should, for ecclesiastical purposes, bear some proportion
to the existing and increasing amount of population.
Territorial division is the foundation on which
the church of England has endured through ages; but
if it be not a principle that can bear expansion with
the growth of society and the increase of population,
it is a basis that will yield and crumble under external
pressure.
Its extension has, we know, been in gradual but
alovrirogress ; but useful as it has proved where re-
sorted to, a want of system has characterised the
improvements which have been accomplished; and
they are now at a standstill from the ab-
sence of pecuniary means. In 1843, it may
be recollected, Sir ROBERT PEEL introduced a Med-

at
sure under which the Ecclesiastical Commission se- i lien, and especially that ofth affair, has just been
Montmartre, which took
quired the right to borrow the capital of" Queen Anne
's
the moat
OCUTding ite
Ptilibi ax le.Bahareit Oki, FRANCE up to Nov. 9, With
Bounty." for the purpose of endowing ministers of new re-armed.
parochial districts. That measure did not an'icipate
the exhaustion of this fund until the year 1852. But the
so rapidly has the ability of the Ecclesiastical Com- ms other preceding week:
Week ending Week L.
minion to pay to " Queen Anne's Bounty" the in- Nov. 2. Nov. g;"
tenant of the money borrowed and to defray the CRAW ilijamiL
C.
••••••.- VI bOO GOO 67 ws 000 c'
onabthilitey
one hand
=Side
bk..=.:.eyib
resi pew; y
..........a : 1t.,60=:.007,0 10i,60:70:710:0060730 o
annual charge on it incurred by those endow- mem at new nisei Maks 23:300:00D 0,...,0. o
yealheuluilatitis
manta
—so
Parag'isdl
me bountiful have been the concurrent contributions of 1I.lol.2nte^ in
the laity required by the commission before making 13110 to order
304643 20 Pr Loos -
each endowments on the other • that now in 1849 A„runt eunett arrresgurn erecu7o7 1,735,30 3 2^ iii,s-",..!
this source of endowment has been dried up. By mAo7oln---11,77,11„,. 01,053.721 39 e,o677fai h.
its agency, however, 200 new rock districts Receipts payable at sight
2,070,0004 0 0,11i,330 g
have been established, each with a population Reeelpte payable at sight la the
branches
of 2,500 or 3,000; so that by this single Drafts ol branch banks payable by 1,681,283 0 1,541,037 •
k
act, in less than five years, church accom- Dian ntie of beak PIP bie
by branch 3,170,354 37 3071403 45
modation and instruction have been found by a banks 2052,3196 0 2,450,S
better application of church prop, rty, for above ,
_cm.lejsis
.ry±r.t.,r . W •
206,1/U 0 Es,f37 -1
500,000 souls. This was Sir ROBERT PEEL'S practi- -j.,V,:,,,. ,-,°4i 17: itzeo:4linxpei. 303,0109 1 174,049 '4
cal reply to Sir ROBERT INGLIS'S foolish demand for MM. ea-
cal
?limey for church t xtension. We brunch bank.
Discounts and divers interests in LS LIG 72 two ••
la grant of public
now wait for the performance of Lord JOHN RUS- Re-discount last balf-year 2,
421,931 27 177,103 0 2.30,1 u 0
44032 u
SBLL'4 promise to Mr. lioasaaN to introduce a met- DIU° m branch bank,
Suadnes
sure for the better application of the property of the 132,10 111 171,311 0
church. That it exceeds in importance and value Sir _
sakao,ors 20 ne,os, 182 IS
ROBERT PEEL'S act will be the test of ite worth. Coin and ingots ism.
Sir ROBERT PEEL'S scheme, useful 11111 its applica- ez.sa in the branch banks 181,404,707 28 1111 841,206 sr ,
tion to the church has proved, was in reality a happy Mlle over due 103,379,341 0 103,7400,017 0
4,011,104 77 171,313 6
%Ma and Remoteness in Pads
escape from—a skilful avoidance of, the great diffieul- Do. so. in bunch banks --- 14110:74047701 79
62-,";90" Se
ties of the question. These remain for Lord JOHN Advuncee on bullion
14,203,001 0 13,521,314 0
and Sir GEORGE GREY to grapple with. Lord tlisyr""o".vvresch pablie funds 13,578,M5 63 33,510,196 63
public tends by
ASHLEY, indeed, proposes to solve them boldly by branch beaks
a complete parochial redivoion of England and Wales Ad
suss vances to the note on Timmy
into wishes, quota! sacra, of 3,000 people. But his Advances to the state on loan of 130 I°.°°°A.° e 3°'°°°.(l'3° ll'
IgrdeWp has not indicated whether he is prepared for s mill
ock i,,,, 13,40n,000 0 30,000,000 0
a pecuniary as well as a territorial repartition. And Stock, 01 armingblc fund,
until he has developed his views on that all-important lo.e.towat of new fused banks in 34,786,209 61 31,780,101 os
part of the subject, his plan cannot be profitably con- mok
Pmeue buirlondj and f s
sidered. If Lord ASHLEY, in advocating such re- nod •Thpsrty of branch banks 4,000,000 0 4,1100,000 11
1,524,450 0 2,514,717 o
division, has any designs on the public parse, he had lAMB of 10 million, to the f 7117 of Parts 1,500,000 0 4,000,040 0
much better never open his lips on the question ; for' Interest in 1-to,'“,',„"nlineroit civ,ooo 0 macro •
mischief, and discord, and ill-will only, can flow from National Discount Baum of the
any proposition to increase the efficiency of the pare- p=trw' 230,080 fl 214,003 0
13,9119,139 67 13,501,133 SI
chid system by public grants. But if Lord ASHLEY'S hotested bills in branch banks 0,447,613 0 8;006,803 0
projected repartition be based on a better application lifeen.c*cfcucement
of the property with which the church is ' L.. of 'gem' or bean& 213,037 •
already endowed, and on the atil.ulus which FllOlll9. ... -- .. -.. .. - -.. 7. 671,794 th'
such better application would give to assist_ TressoprivZdneitnooitillsr.cformerlpy.
since from private persons, lie has undertaken one tancesin Paris")
of the most useful questions that an occupy
the attention of a British statesman. And as public
lopinion is not generally lost on Lord ASHLEY we have
hopes that he will avoid the rock on which paor silly,
well-meaning Sir ROBERT INGLIS was left stranded
by his predecessor in Oxford's affections.
We have recently shown what large funds for such
an extension of oar ecclesiastical parochial system
might be found in the single diocese of I wham ; and
there is, in fact, saucily a capitular body in England
from which means might not be obtained. While
by the reduction of the extravagant scale of incomes
assigned to the episcopal bench generally, and the
abolition of the monstrous system on which enormous
revenues were assigned to the sees of Wicchester and
Durham especially, further funds might be secured.
All these, however, large as they are, would be very
insufficient to greatly extend the parochial system.
To achieve any extension adequate to the necessities
of the country it will, therefore, be indispensable to
resort to a measure of something like eqa slily of ec-
clesiastical incomes amongst the parochial clergy them-
selves. Without this, any due extension of the territo-
rial system of the ch arch will be comparatively hopeless.
With it, reliance may be placed on the willingness of
the laity to contribute to the era ction of the churches
that would be required, and to provide for some part
of the income of the new parochial clergy—at least if
the experience of the past be any guide for the
future.
On this point we shall, of course, be met by
statistics to show that an equal division of the exist-
ing income of the church would only give to the pre-
sent race of parochial clergy some 300!. a year. To
which array of figures, even if correct, the reply is
that no one advocates an immediate or universal
equality of parochial incomes. What is wished for,
in the first instance, is, that the inordinate revenues of
such livings as Doddington, with its 9,0001. a year,
and as Stanhope, with its 8,000/. a year, and of such
useless institutions as that presided over by the Earl
of Grii.Denan at Holy Cross, near Winchester, and
as that at Sherbnrn, near Durham, the head of
which, the Rev. Mr. F.reen, has nothing to do, and a
large income, should be so distributed as to endow
some fifty or sixty new parochial districts. When that
has been accomplished, the question of further equality
can be discussed. There is money enough to be pro-
fitably laid out, if the legislature would only enable
us to get at it.
At all events there is no want of financial means
in the case of the town of Sunderland, which we
have so recently stated, to disable the Bishop of
DURHAM from extending the parochial system to
that town. There he has revenue enough, and to
spare, to repartition the borough as its spiritual
magistrates require, and as the public memorial of Gag
of its constituted bodies has requested him. What
will be wanting, should the Bishop of DURHAM 1
neglect this great opportunity, will not be means but
goodwill. On that prelate's decision in this instance
much depends; it will put to proof the important ques-1
tion whether the heads of the church are really sincere
in their wish to make that establishment commensu-
rate with the wants of the society—whether there is
any prospect of any voluntary reform on the part of the
church authorities. Should the Bishop of DURHAM re-
peat at Sunderland the job that was perpetrated at
Houghton, any such prospect will be hopeless in-
deed. Something his lordship must, after our ex-
posure, do; but it will be quite in character with
what has just been attempted in his diocese, if the
measure now to be adopted at Sunderland be the
least qualified to benefit thr public, and the most
likely to give another fat living to another greedy
aristocrat.

FRANCE.

3:8.001 0
369,344 71

7.0G1,832 50 7,06.1,65; ss

61040,078 SO 651.236,01

GERMANY.

AUSTRIA.—The intelligence from Vienna reaches
to the sth inst.
VIENNA, Nov. The Wiener Zeitnny of that
date contains a proclamation of G eieral Von Cordon,
head of the commission instituted by Prince Win-
dischgiiitz for the period of the capitulation. In this
proclamation all right-minded persons are exhorted to
assist the authorities, and are assured of every allevia-
tion compatible with a state of siege.
A proclamation of the Communal Cou•cil,dated the
4th, states, bycommand of the " Central Commission"
(above specified), that the communication between
the city and the suburbs is restored, conditionally
upon the arrest of the five individuals specified in the
proclamation of the prince issued under date of the
23rd October, namely—Puleky, Beni, Messenhauser,
Fenneberg, and Schutte, on which account the Com-
munal Council calls upon all persons with are har-
bouring these fire individuals to give notice thereof
within six hours, in default of which martial law will
be enforced against them.
The intelligence of the fell of Vienna has been fol-
lowed in Itatibor by an emeute among the peasants.
This was partly caused by a misunderstanding
arising from the following circumstances: Count
Arco, when officially reading to the peasants the ac-
count of the fall of Vienr.e, made use of some expres-
sions which induced the peasants to believe that the
privileges guaranteed to them by the King were at
stake. They repaired in a great body to the Castle,
and wanted to seize the person of the Count. A shot,
fired from his side, struck one of the national guards
to the ground, and a ball from the insurgents severely
wounded the Count, who fell into the hands of the
insurgents. The letter then contented themselves
with breaking all the windows and doors of the
Castle.
A letter from Gratz states, that on the 29th Oct.
Gen. Dahlers, with 10,000 men, occupied the island
of Mur, between the Brave and the Mur, and that he
will probably, in conjunction with Gen. Nugent, who
is at the head of 8,000 men, act against Pesth.
The Austrian officers in the Hungarian army have
been granted a term of 14 days, by Prince Windisch-
grate, to return to their own service, in defa•dt of
which they will be cashiered.
PRUSSIA.—BerIin was quiet on the 7th. There
was nothing but rumour about the expected ministry.
FRANKFORT.—Accounts from the city of the
7th inst. state that M. Welcher, one of the com-
missioners sent by the Diet some time since, had re.
turned. He was present in the sitting of the As-
sembly on the 7th, and expressed his intention to
speak at a future sitting, in order to explain his con-
duct and that of his co-envoy, Motile.
A new commissioner, whoee name is not stated, has
been sent to the Austrian court.

PARIS, Fanny, 11.30 A sc.
The party of the Rue de Poitiers held another
meeting hat evening, at which the minority who at
the former meeting urged the partiketo adopt the alr,
didateship of General Cavaignac, signified their ac-
quiescence in the resolution of the majority to give
the support of the party to no candidate.
There man authorised contradiction of the rumoured
sale of Cuba to the United States, in the journals of

MADRID, Nov. 4.
The annihilation of the republican faction of
Huesca, commanded by Abad, is the most considerable suc-
cess whirl has been achieved by the government during the
present war. Indeed in guerilla waters it is hardly possi-
ble to gain a more important victory. The faction consisted
of upwards of 300 foot and 30 horse, not a ma" of whom has
escaped. The troops were commanded by Brigadier don
Ramon Angles, who for this feat is to day guetted Hernial-
de.Campo. On the 30th, at 9 in the morning, Abad with his
men marched into Hums, got 8,000 real from the munici-
pality, took with him all the persons imprissoned, and a good
many hones. The Queen's troops were eight hours off.
Abad left the town at 1, and Angles entered it some th
hours after. He galloped with fifty horse ree
in
pursuit of the insurgents, and the foot followed.
He overtook them at Sutamo, and charged immediately.
No details of the affair are given. It only known that the
whole faction surrendered with their two lenders. These
will in all likelihood have been shot, and the rest decimated.
The mail. of the 2d brought the government intelligence
of three important aucomme, the defeat of Victoria and
Amettler, near Figueroa, who lost 7 killed and 20 prisoners,
among whom was the Cabecilla Barren, since dead of his
' d
wer of 18 ounds;
prisoners; and the the assault of GuadHualesest,ca capture with t wholesale mu-
Cordova left Barcelona to take the field with a consider-
able body of troops on the 30th.

this morning.
The Mutateqr of last evening announced that M.
de Lamartine had renounced his candidateship for
the presidency in favour of General Cavaignac. Le
Bien Publique, the personal organ of M. de Lamar-
tine, oontradicts that announcement this morning,
and requires the government journal to retract it.
It says that the government journal can scarcely pre-
tend to know the intentions of M. de Lamartine
better than M. de Lamartine himself.
The Montagnard party has put forth a circular in
favour of the candidateship of M. Ledru Rollin.
The report of M. Lanjuinais on the new consolidation
of the Bons du Tresor and the savings banks deposits
was distributed yesterday at the Assembly. The
Committee of Finances proposes that the deposits of
the savings banks shall be consolidated at the rate
of 71.60, and the Bons du Tresor at 46.40. The old
holders who had converted their bonds into subscrip-
tions to the loan, are also to be admitted to partici-
pate in this arrangement.
Much uneasiness ep
os n produced among the
friends of order by repwhich have been Circu-
lated for some days, that government has been re-
arming the oevriers who were disarmed after the in-
surrection of June. The report produces the more
alarm because of certain observations made, doubtless
under the impulse of the moment and without con-
sideration, by General Lsmoriciere, who has not yet
learned the reserve which the occupation of such an
office as minister of war ought to impose upon a
moldier.
This minister declared, as I believe I mentioned in
a former despatch, in the midst of a circle of repre-
sentatives in the Salle des Conferences, that if Prince
Louis should be elected. he would receive him with
coups de fusil. Absurd reports are also circulated
of an intention on the part of General Cavaignac
to resort to a coup gretat, supported by a por-
tion of the army, on the same contingency. All
this creates much alarm among the peaceably disposed
portion of the population, and does great injury to
trade. These rumours are further countenanced, and
probably in a great measure caused, by the fact that
the government is re-arming the legionof the National
Guard which were disarmed for their participation in
the events of June. The National Guard of the Ban-