The Express.
London, England, 1848-02-14 00:00:00

ftflustE.

ADMIRALTY, Flan. 12.—Arroirertiumrs.—Lioum. : A. 1
Doyle. to Clincapion; W.I. Pollard, to Ilavannalt.—Surponvfioper-
intendent: It. etevenvon, to Ana. Maria, convict Alp. —Mate :
Forbes, to Enterprirt.—Accivt...iurfieen : G. Dail, to (,`, une. —Muter'
Assi.tant G. WI
t,
to Fltar.-Midiblpoien •1. T. Maitland, to
Powerful ; 1. A. Stanton, to I' lavannab ; W. H. Andervoli, an TWIT:
G. W. P. Edwards, to Mar.—un.' Cadet: M. Ileychaaa, to Vernon.
to et. Vincent; F. W. Bennett, to Imaust.--Gamer: G.
Buckle. confirmed to Excellent—Acting Gunner: W. Edwin* to
Champion.

MEDICAL.
ROYAL COLLEGE OF Su Ito Er:l/lA.—The following gentle.
mai baring undergone the nevvezr7 esaminationa Mr the diploma,
were ialsoittod members of the college at the meeting of the court of
enitutoma, oo the 11th Inez, viz.: -gram. It. Gray, Wilton-street;
C.F. E.MS Oelper ; C. A. Lee, hull; T. C. Warmly" Deal; C.
Crouch:, W n'a, . Joh Ntwfuundl...d ; S. Bard. Churelt.treet, elpitAL
Gel& ;.J. Drew IR. AnticCana rat; J. W. tripe,
Comiurretal.road; F. /Araby, liudham, Norfolk; and It.
blurt
Dalaton.

iLitto itnuttigencr.
EQU rt. COURTS.
Peron the tea-Chancellor of Mean&
Mt/CLOTS T. CA .—INJUNCTION To RMSTILAIN TES
DELIVSKY OW GOODS FROM A SHIP.—Mr. Bolt and Mr.
Houndell Palmer moved to dissolve an injunction granted
in this cue to restrain the delivery et certain goods by the
captain of a ship. It apj•earcd that there were two mercan-
tile firms, one carrying on business at Liverpool end the
other at Charlestown in America. The Liverpool firm as-
signed a cargo of coal and salt to the Charlestown that
which was laden in the ship Charlotte. The American firm
was to return a cargo of cotton, mid the difference in value
was to be paid by the Lie. rpool firm. The difference
amounted to upwsrds of 11,001., and bills were drawn for
the amount, and d. posited, together with the bill of lading,
in the bank at Chorls rtown as security. Before the return
of the ship to England the Liverpool firm became
bankrupt, rind the see snd defendant in this suit
was appointed their official assignee. The injunction was
obtained by the plaintiff who represented the American
firm to restrain the defendant Carter, the captain of the ship
Charlotte, from delivering up the cargo tothe official assignee
of the Liverpool firm until an action could be tried at law.
—Mr. Bethell appeared for the plaintiff, and raised a pre-
liminary objection to the motion he stated thot the defend-
ant, Carter, had no tidal that the injunction should t e dia.
solved as he could not safely deliver up the goods to either
party until the legal right WAS decid,d, and therefore that
the injunction ought to be emtinued.—Mr. btuart and Mr.
Cowling appeared for Mr. Carter, and confirmed this state-
ment. The Viec.Cliancellor said it appeared that the
captain of the ship was desirous that the injunction should
be continued. It bad already been decided that in a ease
where there were two defendants, and one of them tau
trustee for the other, there the answer of the cestuique trust
might be read against the trustee to obtain dissolution of an
injunction, but in this MAO the defendant, against whom the
injunction was granted, did not admit that he was a trustee
fur the other d, (cadent. The court, therefore, could not
take the answer of the nfficiel aseignee against his co-
defendant Under tf.es'i circurnstanets he should make au
order directing the action at law to be brought, and should
dismiss the motion with cove unless any arrangement could
ho come to between the pn r. ies.

COURT OF QUEEN'S BENCH.
Wisi Pure.—Before Mr. Justice wnittman and a special Jury.
THS DUKE Ur BRUNSWICK V. CHOWLE.—LIBEL.—This
cue had been postponed on Thursday last, on account
of the indisposition of Mr. Cockburn. On the sitting of
the court, the Duke of Brunswick said that, on Thurs-
day last, he had made an offer to withdraw the pre-
sent action provided the defendant would consent to retract
the libels in question and p.o the costs. Having °laniard
verdict on r‘relit.(6 lay for 1,0001., he did not nisli for further
litigation. Mr. jue•ice Erlet then proposed that Otis ease
should stand user, in eider to give the attorney foe
the Satirist uewspaper time to accept his offer. However,
he had not thought fit to do au, and he now begged to with-
draw the assent he had given, as he would nut have any
further parley on the subject. He had to complain of the
treatment be had experienced at the hands of Mr. Cockburn.
In the first place, he bad caused the trial to be put elf as
Thursday on aceountof illness, yet on that very day he had aes.
ducted two uses in the Court of Common Pleas. It was evident
that Mr. Cockburn meant to bully him out of court. If
Ise (the duke) considering the iojuries which had been in-
dicted upin him, and that he was not accustomed to a court
of justice had done so, it might have been excusable ; but
Mr. Cockburn, as a member of the bar, ought to have known
better. Mr. Justice Wightsnan said he hardly understood
what all this meint.—Mr. Cockburn It is a piece agrees
impertinence.—The Duke : I n ithdraw my proposal—Mr.
Cockburu : The duke knows perfectly well we don't ISMS '
to accept it. The learn d e .untel then addressing his lord-
ship, said, that on Tburs :ay last he applied to put off the
trial, on acc...unt of dile se lie was undergoing very revere
surgical treatne at, and be had proposed to pay the costs of
the day himself.
The Duke of Brunswick then proceeded to address the I,
jury, in a speech which took three hours andj a half',
in delivery. He commenced by stating that on its beeonsiew
known in 1836 that he intended to visit England, the
Satirist newspaper commenced libelling him in a smut
scandalous manner, and had continued to do so down to'
1846. The first libel to which his highness referred was a
piwagraph that appeased in the Satirut on the 12th of June,
1838-, in which it was stated that the duke having been
band in his own country in an equivocal position with an
seeress at the theatre by a scene-shilter, he had drawn his
sword and rue the man through the body. The duke then
proceeded to read between forty and fifty articles which had
appeared concerning him in the Age and Satirist news-
papers. The reason why be drew the attention of the jury
to the libels published say the Age was, beaus they had
been subsequently adopted by the Satirist. As regarded the
former publication, he had done that up , and he trusted he
should be able to do the same to the Satirist, which was a
disgrace to the English prem. He had set the whole of
these libels out in his declaration. The libels in
the Satirist and the Age charged him with being guilty of
murder, and that he was addicted to unnatural practice*.
A libel of the sth of Much, 1842. which appeared in the
Satirist, charged him with being the murderer of Elisa
Orimwood, and he had been obliged to discharge his
equerry (Captain Currie) Waive it had been asserted in
the Age that be was his (the duke's) " mistress." These
prosecutions for the libels which had been published against
him had already cost him 10,0001. The libels which his
highness read hum the Satirist also contained a vast quan-
tity of personal abuse, he being denominated in several of
them as • " baboon," " an us,' and an " ape." Towards
the conclusion of his address his highness observed that the
two libels upon which he brought the present action against
the defendant were published Dec. 7,1845, and Aug. 23, 1846.
The first of these alleged libels contained a very long cri-
tique upon the performance of Mr. Barnard Gregory hi the
character of Shylock, at the Strand Theatre, when a dis-
turbance took place, upon • which Mr. Gregory came forward
to the footlights, and said, " It was not the characteristic of
a British public to persecute an individual who had suffered
in the cause of truth." The writer of the notice also
asserted that Mr. Gregory bad been persecuted in the cause
of truth. In the second libel, which was a criticism upon
Mr. Gregory's performance at the Haymarket Theatre,
where also a great uproar occurred, the writer again asserted
that Mr. Gregory had been punished for exposing the vices
of the great, and stating the truth. This he contended
amounted to a declaration on the part of the writer of these
two articles that all the libels which had appeared about him
from the year 1833 downwards were true, and it was there-
fore, for these two libels that he now claimed damages at
the hands of an English jury. The newspapers containing
the articles in question were put in, and the following wit-
noises were then called.
Mr. Harrison stated that he was the managing clerk to his
highness'e solici, or. He produced an examined copy of the
first indictment preferred against Mr. Gregory at the Central
Criminal Court by his highness. The date of that indict-
ment was the sth of July, 1811. The sentence then passed
on MeGregory was four months' imprisonment in Relegate.
There was also another indictment preferred by the duke
against Mr. Gregory, at the Old Bailey, which was removed
by certiorari into the Court of Queen's Bench, and the sen-
tence passed on Mr. Gregory. upon the second indictment
was that he should be imprisoned for six months in the
Queen's prison. Hi. highness also preferred an indictment
against Mr. Holt, the publisher of the Age newspaper, and
Messrs. Brander, the proprietors, for libel. The sentence in
that; case was one year's imprisonment on Mr. Holt and
three months' imprisonment on both the Meters. Brander.
His highness instructed his solicitor to bring an action
against the present defendant on the two libels, the one of
the 7th Dec., 1845, and the other of the 23rd of August,
1546. He had no doubt the plaintiff was the party referred
to in those libels. All the libels to which the plaintiff had
alluded in his opening address as being published in the
Satirist end Age newspapers were admitted on the part of
the defendant to have appeared in the above-mentioned
publications.
William Roche was next called, and stated that he had
been a clerk in the Satirist office. He knew the defendant
in the present action. He (the witness) came to the Satirist
office at the end of 1815, or the beginning of 1846. Heard
that there had been a "notice of action " served on the de-
fendant for paragraphs that he bad published about the Duke
of Brunswick. The defendant said when the writ was
served he was already suffering from an article that had
appeared relative to the proceedings at the Strand Theatre,
and that he should withdraw from the paper; which he soon
afterwards did.
Mr. Cockburn then addressed the jury on behalf of the
defendant in a speech of considerable length. He said, that
although the duke had attacked him in rather a personal
manner, yet he felt no resentment towards him on that ac-
count, for he would make allowance for the excitement
under which a party in the duke's situation would naturally
labour, and particularly when he came into court to conduct
his own cue. In discharge of the duty which devolved upon
him, as couasel for the defendant, he wished to say nothing
harsh or in the way of reproach about the plaintiff but what
fairly arose out of the circumstances of the came. lie (the
learned counsel) entirely 'pupating' ed in those feelings of in-
dignation with which the Duke of Brunswick regarded the
persons who for so many years had published such infamous
libels about him. So far from complaining that the plaintiff
had proceeded to bring down upon those parties the penalty
of the law, be begged to say that he admired the duke
for so doing. lint with those partite his client was in no
way connected. The libels the jury had to inquire into
were contained in those two articles which formed the sub-
jest of the present action. During a part of the duke's ad-
I drew' no doubt they had thought that all the libels that bad
vier been published against the plaintiff were to be brought
ander their cousiderahon; but it was not so. It appeared
that Gregory had attacked the duke in a series of most infa-
mous and libelous articles, of which no expressions that
could bel.used by his highness wouldbetoostrong, and for that
conduct he had twice been punished ; but he (the learned
counsel) thought it was not right that Gregory should be
persecuted in the manner he had been on his appearance

MADAME GORES GRAS AND MONS. IVELIEN.—
Sir —Fearing that the public may be led into a misappre-
her;sioa as to the nature of the unfortunate dispute between
M. Jullien and myself, from the incorrect account of it
which has been given in tome of this day's journals, I hope
that you permit me, through the medium of your
columns, to state very briefly the precise facts which have
occurred.' For several days before the performance of Wed-
nesday last I had declared to the management of the theatre
that, wearied by the vain promins wit'i which I had been
amused. 1 could not permit Madame Doris Gras to continue
to sing naive I were guaranteed some small portion at least
of the large sum due to her, and I limited my demand to
the small sum of 501. out of the 1,2001. which I ought
to have received. When I saw her name in the bills (or
that performance I repeated, the night before it took
place, the intimation I had previously given. M.
Jullien's answer was " yen tacherai,—Je as"
—(" I
shall try,—l shall seas")—giig me reason to hope that he
would accede to my proposition. For the payment of the
remainder of the debt I offered to allow hint six years, upon
a reasonable guarantee. With regard to the benefit of Mr.
Reeves, Madame Donn Gras would have had great pleasure
in singing, if he had informed her, according to the custom
of artists, that the performance was really for him. But, as
Mr. Reeves took no step of the kind, I bed reason to con-
clude the alleged benefit of Mr. Reeves was in fact the
benefit of M. Jullien. It is, therefore, quite incorrect to say
that Madame Dorus Gras bad refused to perform for a bro-
ther artist. As to the accusation of having refused parts, and
having created embarrassments to the management, I have
only to quote a letter of thanks which M. Jullien addressed
to me on the 20th of January last. " I beg you will thank
Madame Dorus Gras for her lady-like and generous conduct;
be well assured that she will lose nothing by it ; and, besides
the esteem of all her fellow-artists, and of the public, she
will have my eternal gratitude, accompanied with all the
money I owe her." In conclusion, I beg to state that I
gave M. Jullien notice yesterday, that Madame Darns Gras
will be ready and willing to perform the part of Lucia to-
morrow evening, provided she receives her lair proportion of
the receipts of the evening.—D. GaAs DORM—London,
Feb. 14.

UNIVERSITY AND CLERICAL.
OXFORD, Fen. 12.—Tero scholarships at Wadham Col-
lege, for which founder's kin, being duty qualilled, are entitled to a
preference, will be filled up at the next election. la default of such
candidate*, both the scholarships and a third, which will be vacant.
will be open to Great Britain.
The plan adopted at St. John's College, to enema bog swill sad
extravagant eapenditwe, the particulars of which appeared in the
Erprest of Thursday last, has also been adopted at St. Mary
114 the subject will again be discussed at the Ilebdoaaadal board, on
Monday (this day).
CaMIIRIDOE.—King's Coll.: A. F. Birch, scholar, hu
been elected a fellow of this society.—Queens' Col. The following
students have been elected scholars of this society Bond, Soargill,
Stuart. and Willoughby.
DI:MAR.—Rev. J. 11. Jellett, MA.. Follow of Trinity
Coll., has been elected to the Univer.lty Professorship of Natural
Philosophy, in the room of the late Professor MacCullagh. —Be.. J.
W. Stubbs, M.A., Fellow, has been elected assistant to Archbishop
King's Lecturer in Divinity, .. Rev. J. IL Jellett, prom. —The number
of matriculations since July 1, 1447, ha. been 298, of which about 42
are natives of England. There are now more than 120 English under-
graduates on the college books.

ORDINATION .—The Bishop of Carlisle will hold an ordina-
tion at Carlisle on Sunday, the 19th of March.
Parranstawrs.—ltev. J. 1". Ale.xk, V. of Ashford, Kent,
to be a surrogate for the arcbdio. of Caaterbury.—Rev. G. W. Taylor,
be Clopkin 8., Suffolk; dio. Norwich; saw.; with residence: pat.,
Mrs. Taylor.—Scaotharic APPOINTIIMIX—R. Bowcott, rob. of St.
David's poll., tampeter, to the mastership of the grammar school,
Lampeter, vice T. T. Lothcrington, resigned.—J. N. Hammond, 8.A.,
Trim. Colo Camb., to be mathematical and English master of Dor-
chester Grammargehonl.—Rev. G. R. J. Tryon, M.A., fellow of Clare
Hall, Camb., to be second master and mathematical tutor, King Ed-
ward's School, Bury St. Edmunda.
VACA MClES.—Arehbishopric of Canterbury, 17,0001., with
Lambeth Palace and the following pairotaae:—Every fourth canonry
in the cathedral; the six preacherships; the areltdeaconfies of Can-
terbary and Maidstone; and 160 benefices. The livings vary in value
from 1,7301. to 371. a year.—Addiscombe Collage, a mastership in;
Rev. G. R. J. Tryon, prom.--Cowthy C., co. and archdio. Took ; Rev.
C. E. Saralee, dec.—Silton, Over, P. C., co. and arcbdio. Tork ; 691.1
rata., 'firth. 0311, Camb.; Rev. C. E. Swale; dec.—Siete& P. C.,
Pembrokeshire, dio. St. David's; 501: pat., Baron de Nathan ; Rev.
T. Williams,, dec.—Eirklythose R., Westm., din. Car.; 9591., with
residence pat.: Earl of ThaneL—Varlam I'. C., Cumb., dio. Carl. ;
901.; by resignation of Rev. 0. Tandy : pat., the Earl of Carliale.—St.
John's, Houghton P. C.; 401. ; 0123 b., dio. Carl.; by the resigna-
tion of Rev. J. Kitten : pat., the trustees of Boughton church.

NAVAL.
Porauxorrs, FEB. 13.—The Sealark, 10, Com. Monti-
Kilroy, left fit. Beim's on Friday to receive 6nal orders at I)evouport,
for the coast of Africa—Acorn. 16, Corn. Bingham, and Espiegle, 12,
Com. Inglefield, are ordered to leave the East India station, ou the let
March, for England ; the former will be pild off at Devonport.
Inedalua, 20, Cert. MeClubse, la ordered to leave the fame elation, on
the IPt April, for Devonport, to be paid otf.—Apollo, troop-ship,
Coin. Radcliffe, which hap conveyed the sth refit. to the Mauritius,
will bring home Con. T. B. Brown, and officers and crew of the
Snake, it, wrecked at Musambique.—Actaeon, 26, Capt. Mange'', was
1.41 off in this harbour an Friday.—Lueifer st., arrived yesterday,
from Sheerness, and shortly afterwards prooeeded to Cork.—Netley
tender, arrived yesterday, from Plymouth, and returned the same
day.—Mercury sailed yesterday, tor sheerness—Sabra, Rattler,
Mena, and Driver, when ready far sea, are to proceed from
Woolwick to this port, where they are to be kept in a constant state of
readiness,.
tended
remove
It is in to Sir C. Napier'ft uadron from Ikston
Cork ; orders have Men seat out from the Admiraltysq to
to that effect.

THE EXPRESS MONDAY EVENING, FEBRUARY 14, 1848.

before the OA. tie as meter. Having ceased to be tonneeted
with the .111, Mr. Gregory had proposed to obtain his
livetibeed Mrsems of the stage ; but on his first appearance
• die Illenal Theatre be had bees booted and hissed
br • ••• d hired ruffians. The learned counsel this
treaseded to read the tirst alleged libel, which was
ma MlSlsat of the proceedings at the Strand Theatre,
"Idol onstained the statement that Gregory was permeated
fie the truth. He contended that the libel had as reference
M the Duke of Brunswick. Mr. Gregory at this time had
Weed to be connected with the Satirist newspaper; and
▪ advanced in the histrionic art he subsequently sp-
at the Haymarket Theatre, but there he was agate
M-fed sad hissed by a set of ruffians. It was then that the
writer in the Satirist, in his notice of Mr. Gregory's per-
formance, bad said that Gregory was persecuted for exposing
, the vises of the great, and fur stating the truth. The ,
learned counsel here read the article in question, lie admit-
ted the language of the writer was strong, and that saying
GrNery had suffered in the cause of truth was libellous ;
bet this was a very different case to a man
sitting down with the cold-blooded intention or
vomiting forth malicious slander against the plaintiff to gra-
tify his malignity. He thought that the jury would be dis-
posed to make allowance for the anger excited in the minds
of Mr. Gregory's friends by the un•Engliah like manner in
which he had been hissed off the stage. The plaintiff had
attempted to deny that Mr. Gregory had met with
the treatment which be had described. Mr. Gregory had
been punished for his fault', and he thought it we. some
excuse fur his saying that all be had stated of the plaintiff
was true, when they took into consideration the way in
which be had been assailed whilst endeavouring to support
himself by exercising those talents for the stags which be
possessed in no ordinary degree. He trusted as long as they
existed there would always be in the minds of Englishmen
a sentiment of indignation spinet vindictiveness, when, in-
stead of being satisfied with the punishment which the law
as artted,a man sought to gratify revenge by acts of oppression,
His client never had any wish to libel the plaintiff, tor they
had heard that when it came to hie knowledge that legal
proceedings were to be had recourse to he expressed his In-
tel:tam of withdrawing from any connexion with the Satirist
newspaper, and he had acted immediately upon that resolu-
tion. Thelearned eounselconcluded a very forcible address by
submitting that his client was entitled to their verdict, inas-
much as the articles ir. question were not libellous, and had
no reference to the Duke of Brunswick.
Mr. Justice Wightman, in summing up, alter having read
the two alleged libels, left it for the jury to say—first,
whether they referred to the plaintiff ; and secondly,
whether they were libellous in their nature. If they were,
then it was for them to determine what damages the plain-
tiff was entitled to. That if three articles were not libellous
and did not refer to the plaintiff, then undoubtedly the de-
fendant would be entitled so their senile..
The jury retired; and, after au absence of half an hoar,
returned into court with a verdict for the plaintiff,
-.vein 2001.

on the vintner' evening, and vociferously demanded to
he supplied with pies " all round." He served four of them,
but having some secret misgivings 11,1 to the solvency of the
parties, he refused giving any more until those four were
paid for. Upon this Normin, being exceedingly indignant,
said "There's my penny, let me have my pie," and threw
down his money, which witness took up and gave him the
edible required. Directly on his dying so hi. customer
snapped the penny out of his hand, made use of very an-
parliamentary language, and endeavoured to bolt, on
which witness jumped over the counter to give chew,
when the entire of the party fell on him, dragged Aim out
into the street, and then Licked and beat him when down in
a most unmerciful manner. The complainant handed a sur-
geon's certificate into court, which certified that he would he
incapacitated from acing his arm for a considerahle time. It
further appeared that the prisoners, after committing this act
of ruffianism, and leaving their victim in a state of
insensi
bility, endeavoured to cficat a retreat, but were rented in the
attempt by the timely arrival of some constables, to whose at-
tempts to capture them they made a most desperate and vio-
lent resistance, and some of whom they injured.—The magis-
trate sentenced the prisoners to pay a fine of 51. each, or in
oflt of payment two month: imprisonment in the House
trreMion. The fines net being " convenient" they were

COURT OF EXCHEQUER.
rams.—liefore alr Y. Pothor, ad• special Jury.
THE COUTORATION us' ROCHENTEN O. Lee.—The !pee-
tion involved in this case ia, whether the corporation of
Rochester are entitled tot xwt certain tolls upon coals im-
ported by the defendant fur. his own use, and not for sale.
was, it appeared, a very extensive lime-burner in the
neighbourhood of Rochester, and so great was the consump-
tion of cues upon his premises that the toll demanded in
respect of them (3ld. per ton) would yield the plaintiffs
about 2,0001. per annum. Proceedings were instituted
in Chancery some years ago, and this issue was
directed to try the right. The defendant con-
tended that, even resuming the plaintiffs were
legally authorised to impose a toll for the importation ofcoa'a
into Rochester, he should have been exempted from the pay-
'omit of the tax—first, because ho had imported them in his
own vessels and for his own private see ; and secondly, be-
cause he had not importenthein for the purpose of trafficking
in or selling them. The cause was opened on Friday last,
resumed on Saturday (wheu it occupied the entire day), and
was ultimately adjourned to Wednesday next.
The eittiogs at Guildhall commence this morning.
BENUE 0- DEN MAN.—TRIAL AT Ban.—This cause, which
has acquired so much celebrity, will be commenced this
meriting at 10 o'clock, at Westminster.

fadmine:,
LAbIuseTH.—MANPLAVOHTER IN LAMBETH WORN-
novas.—Maria Connell and Allen Buckley were re-el-
veinal, the former on a charge of manslaughter, in having
caused the death of Mrs. Jane Jackson, in Lambeth work-
bags*, and the latter with having taken in spirits to the
workhouse eostrary to the Peor-law Act. The facts of this
came have already been stated as they appeared at a e police
apart and at the inquest. The prisoner Connell was com-
mitted for trial on a charge of manslaughter, sod Buckley,
for taking spirits into the workhouse, was sentenced to pay
a penalty ast 101.. or. in default. to two months' hard labour.

MONEY MARKET.
SATCRDAT EvEgtxo!

The monotony of the stock market was broken to-
day, by the report, for which there was believed to
be sufficient authority among the dealers, that at
length the Treasury had decided against any funding
of Exchequer Bills, and, as surmised also, would be
enabled to carry on the public service without recourse
to a loan. There appears to be no special reason to
discredit the probabilities conveyed in these reports.
The government, with the means of information at
their disposal, and with perhaps sanguine expectations
of improving revenue for the year in consequence, may
have more substantial cause to estimate satisfactory
results than even the best informed of the public. At
the worst, any short-comings of revenue may be made
up by deficiency bills which, in the present plethora
of idle money at the Bank, would be readily a'.
ceptable as an interest bearing security, although
in case of any reverse in the financial p-
inion such an incubus of an unavailable se-
curity would be felt as a very material inconvenience.
Consols, upon the reports referred to, ativanecd to
891 for money, and 891 to = for account, having
closed the day before at 894 to 1, and in the course
of the same day having been as low as 89. Reduced
Threes 893 to Three-and-a-Quarter per Cents.,
904 to I. Long Annuities, 9 to 1-16. March Ex-
chequer Bills, 18s. to 215.; the June bills, 235. to 275.
premium. India Bonds, 21e. to 255. premium. Bank
Stock, 200 to 202. India Stock, 242 to 4.
Foreign stocks u ire almost entirely neglected.
Danish were marked 81, quoted 831 to 11. Dutch
Two-and-a-llall per Cents., 84 to ; the Fours,
856 to 6. Spanish Fives, 21i to ; the Threes,
31t to 21 ; Paasives, 41 to S. Portuguese, 26 to 7.
Russian, 109 to 111. Mexican, 181 to 19.
The advises from Frankfort report the statement of
Recounts, and the state of affairs, of three of the in-
solvent hoods as follow : Marrs. Flersheim state
assets at 4,117,778 florins, liabilities at 4,104,211. In
the case of Gontard and Son proceedings had been
opened for a voluntary bankruptcy, to which the
creditors were understood to assent. Messrs. Fusel,
of Carlsruhe and Fraukfort, had made an offer of 25
per cent. in full of all demands, which the creditors
appeared disposed to accept.
Advises from Rio Janeiro to the 25th of December
report exebauge at 28 to 281 d. ; and freights to
Liverpool at 50s. Business flat, as the holidays
were
The project of a joint stock banking company,
under the tide of " National Security Bank, was
noticed under this head in the course of last year.
Although supported by very respectable names, and
a directory of reputation for talent and property, the
times were so inauspicious that it was deemed pru-
dent to abandon the undertaking, although a subscrip-
tion list of substantial shareholders might have encou-
raged perseverance in its establishment. The depots
of the shareholders were therefore repaid in full, and
the project given up. We learn now that a private
i bank s forming, or formed, upon the same principles,
and under the same designation, among the directing
names or co-pertnery of which, is that of Mr.
M.Gaecroa, M.P. for Glasgow, and late Secretary of
the Board of Trade. The i pprobation of such a high
authority to the scheme of banking proposed, must
tell greatly in its favour, and not lees so when so
overtly proclaimed upon the face of the cheques of
the forthcoming bank, as one of its leading and mod
active partners.
SNOLISII FUNDS.
FPI, et palmed Ann.. 662 I $ India Bonds, under /1,000. $
Stirmr 3{ per ASAn..na;;roi 1 tar 4.r
IknOn Id., Jane, 96,
117116 P. OWJas., 1156. 3 7, March, 7.1 91a pon.
Ditto, LOU. June. 27, March, nhall* Stock, 214 Mao June, 27. Mara, SI

COURT OF BANKRUPTCY.
Before Mr. Cernorimeseer lase.
SIIIMNIIION or CIRTIFICATC—Edw. Goddard Shackel,
tea-dealer, of Lesdenhall•etreet, came up far hie certificate.
He was opposed by Mr. Lawrence for a creditor, and also by
Mr. Crouch, solictor to the assignees, on the ground of the
small amount of property given up to the creditors, and be,
cause the tradieg and personal expeases considerably ex-
ceeded the profits.—The Commissioner said it was evident
the bankrupt had gone on struggling much longer than he
eaght t t have done. Uuder all the circumstances, the
certificave must be suspended for one year from the date of
the fiat, and protection would be withdrawn.

roam*
3 per Cr. Lamle 64
per Cc. Wrier At..l
I Per CL
1,1=61;o3 bonds, 6
6 per Ct.
INZOILANONN ♦ND

f FUNDS.
3 par Ct. Strobe, 321
21 per I.Y. hutch lia.rAtm.. Bi
4 per Ct. IBM Certifs., 8114
STOCKS ABROAD.

ARIMIAII.
_ter
rania. 1..13. I se I hewer. clesta.
3 pat Oiate.
3 Da. New k 75 65 ~
Do. 7 111 90 1 116 85 us tI a lid so di es
De. .. ;
4 Do.
Enigmas ea London WOO. 25 55.
Belden „ moper. .1 klainss Santa. • Maw
11941.Dw 11
Bet BL
1146
Kamm, Va. s.—Three pa" Cents., 2at 50 days, 0.16 06;4
pspn• ; Four par Cats., 14
paper; Ha per Cents., 17 at 50 days,
161 cash. Naives, 5; e cash. Coupons, 12 paper. Dank ot
St. Ferdinand, 126 cash. Etehande on London, 47 90-109.
A rentass n, Ten 11.—Act Deht. Twe-and a-Ilan pre Cents., 54
bq ; Ditto, Three par Cents., 654 ust ; Ditto. Four per Cents.. 944
01: Amon. Prod., pour.and.n.llsl( per Cunt., 827 lit ; Com.
Four.end.e.lialf per Cents., 102 1624. Knot India Loan Four mud *-
Half, 84 847 ; Exchanger, on London: at sight, 12 02 T.
Dirty, 4.re
months, II Hamburg, 35; De., 2 months, 34 ;a ; Pans, 56 62;
Ditto, two months. 66 12.

NORTH BRITISH BANK.—At the second annual
meeting of the North British Bank, held in Glasgow on
Thursday, it was stated that the estimated losses for the last
two years amounted to 92,0001., which, of course, had swept
away all profit, and reduced the shares to 81. Is. 3d. It
seems reporters were not allowed admission, so that some
doubt hangs over the accuracy of the above statement. The
North British was not a bank of issue, having been esta-
blished subsequent to Sir R. Peel's act. The original shares
were 101., all of which has been paid up.
NEW YORK, JAN. 29.—The state of the money
market ha been and continues to be deranged by the pre-
sence and competition of the United States government as a
borrower. The treasury notes and put loans have absorbed
many millions of capital usually available for commercial
wants, and the new loan banging over the market for'
eighteen and a half millions operates to the disadvantage of
business. Money has been and continues very scarce. The
baaks—alarmed by the drain of coin for the sub-treasury—
now however stopped by the fall of treasury notes, which are
available for dues to the government—and by the foreign
exportation of it, which has been steady, though not very
large for the last two months, have materially contracted
their issues, and are very cautious still in their discounts.
There has been no Were, however, o any moment; and
the soundness of the business community has been tested
by the severity of the pressure Sterling exchange was
almost a drug in the market. The rates were gradually
settling down, and the supply of first rate bills was much
larger than the demand. Prime bills on London were offered
at 91 to 91 per cent. premium, while some drawers were
asking 10 per cent. The Cambria would take out about the
last shipment of specie. We quote bills on Paris if. 25c. to ,
if. 231 c.; Amsterdam, 901 to 401; Hamburg, 33i to 36;
Bremen, 781 to 79.
THE PERUVIAN FOREIGN DEBT.—The meeting
of Peruvian bondholders, mentioned in our City article
of Saturday last, was held on Friday, at the
London Tavern. The chair was taken by Mr. Robin-
son, who entered into • long statement of a corre-
spondence which had taken place between the committee
and Colonel Yturregui, the Peruvian Minister Plenipoten-
tiary in London, respecting the long-delayed settlement with
the republic. After repeated communication', the chairman
wrote again on the 16th of December, expressing the dis-
appointment of the committee at the delay. It further
stated that a strong expectation had been entertained since
the arrival of his excellency in England that some
proposal would be made to the bondholder', and
this the more especially from perceiving, in the
article of guano in this country, that a resource
was opened out to the government of Peru fully equal to
the annual interest of the debt. It was understood that •
contract, existing between the government of Peru and
certain contractors in respect to this article, would expire in
the year 1817, When the same would be wholly at the dis-
posal of the government. The committee, therefore, urged
that the government should, out of the future produce of
guano, make a provision for meeting the foreign debt. In
reply, it was recommended that the holden of Peruvian
securities should appoint, through the committee, an agent
in Lima, in order that the arrangements might be con-
cluded. This proposal was not agreed to by the committee,
and on 286 Feb., 1847, the committee wrote another remon-
stance, residailbg theisintsme that the Pernvisn government
bad, by a diem daft& Lima, Jae. 15, 1842, pledged its faith
to devote ImeArnif gibs premeds arming from the sale of

guano to the liquidation of the debt. On the 13th of March
Ina chairman received a long and most unsatisfactory reply
from Col. Yturregni. It wee of the came procrastinating
character as the whole of the proceedings of the government.
On the 28th of May they received a letter from Colonel
Iturn gui, stating that he had duly adjusted • contract for
the sale of Peruvian guano; that at had been agreed then in
to sat apart from the nrodoce 120,0002 sterling, to be ap-
plied fur the benefi• of the l'eruvian bondholders. But he
afterwards wroteto say that thecontract had not been ratified.
In consequence of their representations, Messrs. Maclean,
Rowe, and Company, agreed to act as their agents. Those
gentlemen lost no time in proposing an arrangement similar
to that which had been saute by the government of Chili in
similar circumstanous—namely, that they were to capitalise
the arrears, pay 6 per cent interest on the original debt,
and 3 per cent. interest an: tho arrears so capitalised. But
all had ended in complete diaappointreent, as belore ; and
he had arrived at the c .nviction that the Peruvian govern-
ment had nO intention tu make any arrangements at all.
Its was told that theta was a consumption in this country
t'or 100,000 tons of guano annually from which the Peruvian
government could derive a profit of 21. per ton, making an
annual receipt of 200,0001. lie had reason, too, to hope that
the English government would interfere in the matter. The
Chairman then read a *tries of reeolutions for the a:option
of the meeting. They were to the effect, that the meeting
had read with the gri west disappointment the copies of the
corrrespondence which had passed with reference to their
claims : that the steps whichtheotmmittee had taken and the
proposal which they had made, were folly approved of by the
meeting ; that the Peruvian government had not the smallest
I pretence for refusing or delaying the liquidation of the debt,
tt being fully proved thee the article of guano is alone suffi-
cient ter the porpase ; that the Peruvian government had
engaged to de e no nne-half of the proceeds of the guano
L towards the liquidation of the claim, which contract bad not
been complied with, although that government had received
cessiderable sums of money front the produce ; that the go-
vrrnment baring given the pledge could not make any
arrangement for the sale of guano without making some
`provision for the foreign debt; that it appeared from the
correspondence that when, in compliance with the recom-
mendation of the government, an agent was sp-
pniund fur the committee in London, they said
that the nosiness should be carried on in London ;
that the meeting, considering that tLe debt had been con-
tracted 23 years ago, and had been repeatedly acknowledged
by the government, hoped that they would agree to the pro.
pored arrangement wit out further delay. After a few words
Irons Mr. Capell and other gentlemen, in support of the reso-
lutions, ey wire put sertatini, and carried, together with
the additive that tiny should he forwarded to Lord Pal-
merston, with a request for his int. rvention. A vote of
thanks was then passed to the chairman, and the meeting
separated.
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