The Express.
London, England, 1858-09-21 00:00:00

THE EXPRESS, TUESDAY EVENING, SEPTEMBER 21, 1858.

report, and dictates to the manudcmtma of AM/1101 the
avowal of their inferiority. . . . We mad, of comas,
say • great deal as to the impossibility urged by the mean-
factories at the north, of oomrting with Inland, under a
system which should substitute simple final or protective
duties far that beloved prohibition, the object of heart wor-
ship to thin privileged men. There are, in fact, two modes
of wondering this overwhelming manufacturing superiority
of England. The first is in its relations to other countries ;
the second, in its relations to our ow a. It is not France
alone that is menaced by English competition, and which
would be obliged to struggle with her after the withdrawal of
prohibitions. This hypothesis is. reetity in the cans of the
suns of the German Zollverein, of Belgium, and of Switzer-
land. No." these countries are daily increming their pro-
drunicoo,i e .pite of British rivalry; and although their good'
are only protected by very moderate duties, more particularly
as regards Switzerland. Come, gentlemen of ADI4IOII I you
are very humble, and you make yourselves out to be very
little; but you will have to become humbler end smeller
still. When you announce that prohibition is for you a
question of life or death, you make yourselves out
interne, not only to England, bat to the Bel-
gians, the Germans, and the Swias—ln • word
to all the world. So, alter half a century and more
of protection, prohibition, and privileges, you can do nothing
better than place yourselves in the last rank of the manu-
facturers of the isms category, a:d admit yourselves to have
been Purpose* not only by the English, the first in point
of date, bat by Mom who entered the lists after you. Thu
is truly an overwhelming fact for you, and for the system
you so boast of. But no; you are too modest, and we shall
peon it by two undeniable facts. And fleet, in the markets
of Algeria, wham your goods °toy enjoy a protection
of 10 per cent., not only have you not been
overwhelmed by English competition, but it has given way
to you, its importation being ineigniticent as compared with
yours. la Paris, even, where prohibition keeps oat r'l
articles similar to your own, there is something analogore
in the matter of English oaten threads. You urge your
small capital, your want of energy, your eagerness to quit
business as ens as you have realised fortunes, and your ez-
°wive timidity compared with the boldness of English
speculation. We believe you on your own swura•ce,
toot the matter duly °maidens', gentlemen, if those are
aufficisen reasons fur asking the protection of our customs
ligislation, they are not so far keeping up the absolute
monopoly to which you have grown accustomed. You
parade the different causes of inferiority which give yor -
adversaries the advantage over you. We will admit them to
be folly proved, and my each one of these cants may be
conapanamed, and valued in ready cash. We a ill try and
make out the account. For the insufficiency and
the dearness of the rspital embarked, we will say 6
per amt. We will put at 5 par nat. yore want of
=orgy and of industrial aptitude. We will say another 45
per cent. far want of courage, and as much for that retro-
grade Knit which keeps you in the rear of a'l progress.
In addition to all this, we will put 5, or if you please, 6 per
cont. for frostier duties on the raw material. We thus
reach • tonal of 25 or 26 per cent., which we consider ought
ta eampaeat• amply for all the omen of ink nii4 by
which you strengthen yourselves, t t enable you to remain
for ever in that situation which monopoly has mated for
you, and which is so satisfactory to your idleness, and to
live and die in final impenitence. But, gentlemen, in
Ileaven's name rest satisfied with them enormous advantages,
and give up the ridiculous farce you are playing beton ete
*yes of meta, in maintaining that if protection oe with-
drawn from you, nevitable destruction awaits you.

The difference of the sums to be paid by China to
England and France is thus explained at the
Foreign-office here. The indemnity for the expense
of the war is the same in each case, but England
receives an additional sum to compensate for the in-
juries suffered by British subjects. Some remarks
in the Isdepesdasai Bodge of this day gave rise to
strong comments, to which it is thus sought to reply.

There were considerable fluctuations on the
Bourse to-day, and although it opened firmly, the
reponse des petite. primes in the lest hour caused a
decided reaction, and brought the Rents down from
73fr. 10c. to 79fr. 85c., or lower. All Spanish secu-
rities were in demand, and foreign railways, espe-
cially the Lombard, were much sought for. Mobilier
closed at Mfr.; Orleans Railway at 1,435 fr.;
Lyons, at 875 fr. ; Northern, at 997 fr. 60c.