The Express.
London, England, 1860-02-04 00:00:00

THE EXPRESS, SATURDAY EV

attainment of other retains. We

esitast oursettie

with estimating the actual good seentodi, and
unhesitatingly that it would let grant, solid*
practical, always supposing, Mt Ist son che►
we are bound to suppose, that every seat flick►
from the sty of corruption or the ken-
nel of nomination, would be so disposed of
as to give a reasonable chance of its being occu-
pied by a truly and freely chosen representative
of the people. We have never contended that all
the new constituencies ought to be of a certain size
or of a certain kind. We have no objection whet-
leer that the counties should have their share, asps-
'luny now that it seems understood on an heeds
that 101. occupiers are to be invested with the right
of suffrage. All we contend for is that the new
esastituenciee, whether rural or urban, should be
real ; and by real we mean that they should be
large enough amid strong enough to resist effectually
any attempt to impose on them the yoke of personal
domination. It is said, we know, that thereat* not
after all a great number of places which by the rule
of proportion can be said to be entitled to two new
members as Birmingham and Manchester were is
1832. But there are a great number of places
now wholly unrepresented that are eminently
entitled to one member at least, and some of them to
more than one. There will be no excuse if in thei
forthcoming bill those are not enfranchised. Gime-
rally speaking the places to which we allude would
be so far contented with obtaining one representative
each, that Parliament would probably hear no more'
of them as political claimants for the next twenty
years to C 0... No community in this country
works itself into a fret or a passion as the result of a
sum in the Rule of Three. It is not nice questions of
statistical proportion, or curious cuts in representa-
tive algebra, that Ist our countrymen by the ears.
Let substantial justice be done to every thriving
town and every fairly divisible moiety of a county.
and let each of them feel that it is its own fault if
it has not at least one competent man to speak
for it in the Legislature, and the sense of
=justice will be so mitigated, if not laid
wholly to sleep, as to ensure our nervous politicians
comparative sue and quiet foe many a day to ovine.
We do not pretend to say that if we had our choice
we should prefer this mode of dealing with the
question ; but we are bound to look at the facts and
circumstances as they stand ; and taking into ac-
count the vast obstructive power with which we
have to deal, and the absence of any great popular
pressure in tee shape of menses or disaffection, we
are bound to look to the greatest amount of practical
good that may be obtained, and to urge its being
secured without further delay. It is tan years and mere
mince the theorists began to preach " a total recce-
• argentin, or nothing." Wears rather tired of the
nothing" they have obtained for us, and we ►re
nest children to be deluded with the promise of
total reconstruction," which we clearly see is not,
within their grasp. We should therefore like to
have what we can get ; and if anything reasonable
Is offered of the kind we hare pointed out, we should
earnestly recommend the people to accept it.

Tne opportunity of asking questions of Ministers
ea the usual Friday's motion for adjournment till
Monday was employed pretty fully last night by
Honourable Members of the House of Commons. The
qualms asked and topics on which explanations
were required, before the motion for adjournment
was earned, were in number twenty-one, and related
to iatereets scattered all over the fees of the globe,
sad Mr. BOUTRILIE was more than ever convinced
that this abase must be checked. " We," he said,
have travelled all over the realm in search of pies.
"Boas; we have been down the Godavery, have
" vatted Morocco, and spent a little time in Jersey:,
And why not? Why should the House of Commas
be for ever traveuisg over the hacknied topics of the
last seven years, when fresh sad living
interests crowd the some? It is by means
of three speeches and inquiries of which Mr.
BOUVIRIR complains that the House realises the
responsibility of Ministert, and takes its own share in
the practical administration of the Government,
Many of the questions put last night are surrounded
with the keenest interest. Mr. RINGLAKR'S in-
quiries respecting the disposition and activity of
France gave occasion to a statement by Lord bow
RUSSELL respecting France and Italy which will be
read with eagerness everywhere. Lord PALMER_
STOP'S ormaramme respecting the management of
Hyde Park will give pleasure to thousands, although
they only related to flower-beds. " Tans little things
"are great to little men." Toe Indian Five per
Cent. Loan and the Navigation of the Godavery,
the Commercial Treaty with France, the Hatless'
Defence Commission, the Scotch Reform Bill,
the Disembodiment of Militia Regiments, are all
matters in which large classes of the public take
interest, and Ministers act very wisely in not repel-
ling inquiry, as we have known their predecessors is
do. Of oouree, however, the practice must be judged
by public utility, and be limited by public convenience.
We do not pretend to be able to see what Mr. DUST
OSIFYITII hoped to attain by troubling the
House for the second time within a few days with
has opinion of the conduct of Sir JAMES HUDSOX
with reference to the Piedmonteee Society called
" The Armed Nation." Mr. GRIFFITH spent some
time is Italy last summer, and must know that
Italian freedom and independents, have no warmer
friend than the British Minister at Turin, and we
are sorry to see him making himself the organ of
foreign jealousies which ought to disappear for ever
in presence of the great *wee which now occupies
the attention of the world. Bat on Bride!, interests,
whether in Piedmont, Morocco, India, or elsewhere,
we cannot have too much light thrown.

to.•-•--.Btata
that
Ws orised isk addition to ilia
limos stadal-rooos otrosay snaldasodo ths Qom?'
istosticos to hold, after Raster, two noesktviss, two pro-
olatation drawing•rooros, sods &soas-rim In seisbra.
dos of her Majesty's birthday.

WINDSOR CASTLE, PIZ. 3.
The Duke of Bedford, the Deka and Duchess of Marl-
borough, the Marquis sad llerehiofteas of Abstoorn, with
Lady Georgina Hamilma and Colonel Raeford (Rifle Brl-
we), arrived on a visit yesterday af ernoon.
la the evening, her Majesty's (llama party included the
Princess Alive, the Primer of banters, Viscount and
Visoonatess Stretford de Radcliffe, the Rev. W. Canning,
sad Mellon 'toying in the Castle.
The baud of the let Life (lairds Wearied daring dinner.
Her llejesty's private band afterwards performed is the
drawing-room.

TM Gases sad Moos Consort walked in the Hans-park
kis looraing.
Princess Helm and Prisms Louisa rods in the Mins-

—TIM DeClien of Kant and Petite's& Leinlngen risitel her
Wen join
Alla took a carriage dries la the afternoon and
visited ttle Dachau of Kent at Promisors.
Colonsl Botsford (ltd. IL lode) lett the Castle to-day.

• deputation from the British Mrs umnefecuirsrs, repre-
senting Mr. litshoo. Mr. ileattioy, Mr. limas (of Worcester),
Mr. Wallow, Mr. Walton, introduced by Sir Morton Pro,
8k Damao W'step Sir P. H. Goldemtd, end Mr.
Baerlo, sad attended by Mr. T. Browning, had en inter-
view with me Chancellor of the Imbersor yesterday at Lis
*Solid resides°. in Dowlllaretreet.
• Osputatim on the state Of the small Reims In the ato-
ms* of Carlisle, with a view to Moir aurnantation, had an
tarrying with hir (harp 0. Lewis rmarday, at the Hone-
cam TM deputation combeed et Mr. Marsha, M.P., Mr.
Lawson, MP., Mr. 81.1, M.P., Mr. Howard, M.P., and
Yr. G. H. Oliphast.
A &putout.% reageocktr the repel of numerous duties
yielding midi amounts of imasse, and operating iej circuity
es root, and commerce, had proade ea interview with tie
Chancellor of the Bayberm. The • °assisted of—
Pram Liverpool, Mr. Thorn B. Horelbell, M.P., Mr. Joseph
Bear, M.P. Mr. Cherie. Rotrartees (chairman of toe
ChomMr at dostnisto.), Mr. Thomas Bouoh, Mr. John T.
Deimos, and Mr. Thomas Baines (siontery to the Liverpool
elk*); tom Linda, Mr. G. S. Beecroft, M.P., Mr.
Boynton Lupton (President of the Chamber of Cointoarce),
and Mr. Joseph Lambert; from Hall, Mr. John buratto,
Presidest of the Chamber of Commerce), and Mr.
~krt
Glover;
from Gloucester, Mr. A. H. Pluilpotte
(Chembw Canon:Ye) ; from if °eyrie, Mr. John
Cop e-
mos (Chamber of Comments); sad Mr. C.B. Gilman (Mors-
mr~of Me Chamber of Commerce); from illeddrid, Mr. J.
J. (Chamber of Commarcie).
Mr. Stockwell lied en Mammary with the Duke of New-
castle at the yeetardasy.
• %mike on Ma murest M the hop duty, comiatiag of
Lord. Vane M.P., Viscount Peveneey, M.P., Mr.
Dodoes, .P., Mr. F. North, M.P., with Mame. Body,
Bacon, &urns, and Hemp, from liessex, had an Interview
with the Chancellor of the Exchequer yesterday.
A deputatios from ute silk manufacturers of Coventry, on
the subject of the silk duties on ribborm, An., had an inter-
view with the Chascollar of the Excheriar yestordsy. The
dopoistim conakted of the !Light Has. Z._ MM. M.P., Mr.
C. N. Newdegate, M.P., Sir J. Pmtos, 1L P., Mr. Brooklet-
Mins, M.P., the Mayor of Coventry, Mr. Lyetr, mid Mr. H.
Bro

A deputation as to the glove trade, mmeisting of Mr. J.
D. Aileron, Mr. Rae., Mr. Redgrave, and Mr. Grove, had
ea internees yesterd.y with dis Chaseellor of the Ex-
it/edam
The Judicial Committee of the Privy Council eat yester-
day. Au appeal from Madre*, " Mahound Beaker v. Sour-
Incealass Stigma," was commeaced. The lords present
were:—Lord Kinsedown, the Lard' Junior Knight Brute
mid Turner, Slf J. Coleridge, Sir R. Ryan, Mr L. Peel, and
Ik J. Colville.

D;i;p;icie•;rine mitt from iha Coloalal-ofßoe yesterday to
NM Govern, WS of Gibraltar, Malta, Calks, Hoag Kong,
Lotman, Newfoundland, sad Cried'.

(viola LAIT Nooses eizurra.)

RECEPTION OF OFFICERS OF VOLUNTEER Cou
lIT HIS MAJUTY.—LOILD CRAMIIIILAIieIhOITICto Fin.
L—Notice is hereby given than the Qum will hold • Court
M Bt. James-paleos, on Wednesday, the 7th of limb
next, at 2 o'clock, 63t, the special mid exclusive reception of
dicers of volume, coma, who may be desirous of presenting
themeless before but Majesty. Dee node, will be given of
the regulations to be obeervad upon this 0C018106.-81DNIIY,
Lord Ciamberlain.

LORD CHARBIRLAIN'N-OPTICII, Fiß. 3.—Notice
le beret* pen that the Quern will hold layer at St.
Iteaefe-palema epee the foilowjag days, at 2 v'alock, vie.
Ws6ersdey, the 1641 t fastest ; Thursday, the 23rd inetant ;
Webeelay, the 28th el Mardi nest.
LORD ClAitszaunes-ornct, Fan. 3.—Notion
le lesraby Om that the geese elli Mid a drawlag-rooot, at
Bs. laweit-palsos, upon Saturday, the 24th of March
asst. et 2 o'clook.
FORRION.OETICR, JAN. 21.—The Qneen has been
E=.6ll7k•Piemsd.Coasid Wat sppolet
osses Zyrkes, IttitishlairiktiLTs
Coral at Bunn Ayres.
FOREIGN OFEICR, FEB. 2.—The Queen has been
pleased he approve of Mr. Hap Wilma am Ooseed-thrneral
le Leedom far the /speeds* Coafederatlea.

Dowuntoirrazne, FEB. 2.—The Queen hi. been
pleased to appoint With.= Hoary Ad... (Ateursey-Orse-
rd), ..d William Hepburn lionoi• (Itedttx-Gesayl),
Boors., to be member nt tbe lerrielative council of the Wand
of Hoag Long; oleo Frederi k William Omen. Bey .'n b.
• umber of the 'erbium wawa of the laid {dead of Hoeg
LOOM whilst extreting the dudes of at aney-gentral for
tut lelaad.

His Royal Highness the Prince Consort left
Viladsor Castle at ea early ►oer this morning, to pay e
dolt to the Welllngtott College.
Mr. Tito, Salt, M.P., and Mr. H. Forbes have ar-
rived at Fiat a'. Hotel, trona llethley Park, Yorkahlre.

Mr. C. Baring and Mn. Baring have left Fen.
tea'a Hotel foe Pork.

Sir Lydston Newman, Bart., has been entertaining
a large party of fashionable@ at his masts, Stokely sad )(am-
hod Part. At tits know plea' a wildfowl Metro was got
op, sad the malt of this novel spooks of wild kiwi 'bootie'
war, that upwards of SOO wild ducks WIN bagged; sad is
t►s presseres of Masshesd 242 phaissats (Dearly all oocka).
30 ►re', 70 rabbits, sad several woodcocks woes Wed.

Yesterday afternoon Prohemor Owen commenced
• awns of twelve Inures es roessatia, et the Mu.
0111111 of Practical Geology, is Jorwmotreet.

The Duke of Cool ridge visited Dover yesterday
for the purpose of trying the penetradng powers of :Winne*
discharged fres two of Ariestroag's gum They sic to be
of small calibre, sad the range short.

Colonel Walter Hamilton, C. 8., late in command
of the 78th Regiment of Highlander , inspealug field oftioar,
sod is oommand of the troops in the Belfast dietriet, has been
appointed to lb. muse position, and to perform similar duties
to Glasgow. He is sancesded by Colonel Breaker, l►te of
the 16th Regiment, Colossi Hamilton we. twenty-three
yeses la lodic, and served in no fever than eighteen amuse
is Persia sad India. He arm shot tap two months to Luck.
Nov with the Mee Genera liareioelt.

In reply to the application of the Cape merchants
air a short debastios of the outgoing mall, ha order that It
may wavy Mr. 01011140M.'S GaSOUSOIONSti On the lane
defies, ohs ress•ellies be,. iodinated Makes the whet will
not leave Dere...et until about 6 an Tuesday afternoon,
there will be fell time for telegraphic memos. This is c, n-
Wired useatisfactory, since • delay of UN than half an
larmr—that Is to my, till half-poet 6, would eatable the yawl
to carry eat all the Limbo. Writs sad newspapers 'hat are
brought to Devosport by the express train which Wares
Inados at 9.30 a.m., *Matti at 6.20 p.m., and thus to
toenail the o.losiste with dimple tabanarties, instead of each
remrieted details ea can be sent thesugla the wetly agency of
telegmate.

Mr. H. O'Neil and Mr. W. C. T. Dobson are the
skated savor-loos of the Royal Agradsray. Mr. O'Neil had
es evvrebahalsg majority over Mr. Debris at lb. fl,at
"stratchlag " Mr. D4bros had as unusually lame majority
kr the aseoed vote.

A memorial, calling s publio meeting to oossider
the palsy ad beading a public library to Maryleasee, a la
pregran el iguanas la tbas b.reagb. The beetle' will be
leaf b a kw day,.

Sir De Lee; Evanee intended motion Oa Chi Ste
fixed far etr 17ah. is to the effect that a/thing meld ..is
opalrerais lea desirable result than the choke of ea sate,-
seder plealpeleatiery "of eel isble experience, of tried ability,
of oendikeery bleeper, and unfettered by previous coataet
wilt Maas alialsh," for the easidnet of a negotiation, tad
few direetiog ea eeneeelkiag the dbreitke of her IlieJesty'l
Novel and toaraury fares. destined for the serene.

TM Beasley Times states that Mr. Phelps, tho
mast Imes of Ile 11.41/2 Wells Meares, bar entered Mb
as aapipsurst with Kr. Hoene, of the Priameree Thseire,
sad MI appals se Oat thaerre la the wt► of Mardi er
WI, is April. The opening piers will probably be the
'set a Bromic

ENING
/.1
LATUT INTELLIGME.
THE FRENCH ARMY.
PARIS, NATUIDAT.

The Mowileur of to-day publishes a report of tho
Minister of War, Marshal Bandon, annowucing thr.t
in conformity with the intentions of the Emperor,
he will submit a project of law to the Legi.lative
Body, reducing the contingent of the class 1869
from 140,000 to 100,000 men.

CENTRAL ITALY.

TURIN, FRIDAY.

The journals of this day publish an Austrian ordi-
nance concerning the enlistment of volunteers for
the Neapolitan army. Sardinian officers have left for
Bologna, to organise the artillery, cavalry, and
engineers of the army of Central Italy. Arrests
continue at Venice to a very great extent, and
spread terror among the inhabitants.

AUSTRIA AND SARDINIA.
VIENNA, FEB. 3.

General Crenneville, one of the members of the

Aastro-Sardinian Commission at Penalties for the
regulation of the boundary line, has returned to
Vienna.

The commission bee agreed on all points except
one, being unable to fulfil literally the stipulatimi of
the treaty of Zurich, according to which the frontier
between Le Grasie and floor:min was to follow a
straight line. This would have rendered it necessary
to divide certain places into two parts. The com-
mission has therefore proposed a system of compen-
sation, which is first to be approved of by the two
governments before being applied.

FEBRUARY 4,

AUSTRALIA.

THE COMMERCIAL FAILURES.
We have received advice. from Melbourne to
Dee. 19.

The Argue records as the prixcipal political event
of the month the re-assembling of parliament on the
29th of November, after the adjournment conse-
quent upon the change of ministry. All the mem-
bers of Mr. Nicholson's cabinet have been re-
elected, with scarcely any opposition. Minis-
ters have since met the houses with an expo-
sition of their policy; "and, so far as we may
judge from all given signs," says the Argue, " with
the general approbation of the public. Oa all the
chief points of his policy, there is no doubt that Mr.
Nicholson possesses the confidence of the country ;
and many who would otherwise take objection to
the constitution of the ministry, are indisposed to
offer an opposition which may lead to the entrance
into office of men still lave desirable."

Mr. M'Culloch, the treasurer, made his financial
statement to the house on the Bth inst. The revenue
of the coming year is estimated at 3,160,41001.,
being 92,0001. less than the actual expenditure of
1869. The sum asked for 1860 is 3,230,0471., show-
ing a reduction in the expenditure of 423,4931. The
estimated income front the sale of land during the
rooming year is 600,0001., being 250,0001. less than
the estimated amount of 1859. One chief feature in
the treunuer's budget is the now mode which
is proposed of disposing of the railway de-
bentures in the English market. Instead of the
present plan of retail sales at open limits, which has
failed to secure an adequately rapid sale of the de-
bentures, it is the intention of the government to
place such an amount of debentures (estimated at
3,000,0001.) at one time in the market u may be
required for the carrying on of the railway works
of the whole year. Sealed limits will be sent to the
government agents, to be opened after all the tenders
have been made. By this method, the ministry hope
to obtain a larger sale of the debentures, on better
terms than heretofore; and thus not only to provide
for the requirements of the railway department, but
to relieve the contracting banks of the strain to
which they have been subjected, and which has
operated to the prejudice of the local trade.
The unsatisfactory condition of the markets, '
numerous failures, assignments, and private arrange-
ments occupy the greater portion of the summaries
of the Melbourne papers. The following is from
the Melbourne Commercial Report and P►iesa
Current:

MELBOURNE, Dsc. 17.

The severe depression and inactivity of our markets, re-
ported lost mail, have not only been continued during the
past mouth, but that uneasy feeling of suspicion and want of
confidence, which Invariably accompanies a commercial crisis,
has been very strongly exhibited, and, as is generally the
case in such times, everything appears rather to assist in
extending the evil than to diminish it. Rumours of failures
and intended suspensions have to a great extent unfortunately
been verified, in a greet number of instanoestbis month—no
lees than fifteen houses of some standing and position have
suspended, and very many others have been in &fecal-
ties, making 'alignments or other arrangements.
Amongst the smaller traders, there have been
also numerous failures. The effect has been shnost
to suspend business, and to create a feeling of general
distrust. Some of the banks, by their course of action, in-
stead of endeavouring, by judicious management, to cheek
the alarm, and assist in restoring credit, have helped to in-
, orates the went of confidence by a wholesale system of throw-
ing out bills offered for discount, end in every way tightly
and suddealy drawing the strings of resiriction. The beaks,
like the merchants and dealer', have been overtreding—
taking more amounts than they can ployerly manage, and
entering Into engagement., such as the contrsct for the rail-
way debenture', &c., which have withdrawn their capital,
end greatly limited their means of conductiag legitimate
business, to the serious injury of the commercial interests
of the colony. The primary object the banks have in view
Wag the declaration of large dividend', they are careless of
the heavy keen sustained by the commercial community, so
long as they themselves are secured.

The arrivals of marchendise of all kinds have been very
heavy, but the prime pal portion hoe gone into store, sal an
addition to our already enormous and unsaleable stocks.
The quantity of goods offered by auction has been unusually
large, and sales have been effected only by submitting to
much lower rotas than those quoted. In fact, there is but
little demand for any kind of good., and trade is almost at a
stead-still. Several cargoes of auger and t, a have been
offered et auction, and the rates are lower, especially of the
former, but few wales being made. Flour is lower, as is also
brandy, notwithstanding the advance in the European mar.
lets of the latter.

The Royal Mail steamer Breams sailed from the Heads
with the November malls on Sunday, the 19th nit , at 6.16
a.m. The markets opened without animation, end except in
a limited demand for Adelaide dour at 19'. to 191. 10e., and
Chilies, at 181. per ton, there wee literally nothing doing.
This dulness continued until the 21st, when • meeting of
creditors of the old-established home of W. M. Tennant end
Co. took place. On the 23rd Messrs. King Brothers and
Co. also had a meeting of creditors. These suspensions, and
the unfavourable reports spread abroad respecting otaar arm.,
completely prostrated bneineu. On the 24th the flour mar-
ket was unfavourably effected by the arrival of the Nouse
from Valparaiso, and the heavy infra' of wheat at Sydney
from San Francisco, as well es the are approach of the
harvest in South Australis. On the 28th, T. J. Laby sus-
pended payment; and to the 29th, Messrs. W. and T. Pole
also held • meeting of creditor., their liabilities being nearly
100,0001. The arrivals at this lime of merchandise of all
descriptions wens very large, not lass than fourteen vessels
front the United Kingdom, Mauritius, &a, arriving at this
port in one day. On the 18th December, the first portion of
lbs sew crop of wheat strived from Adelaide, and was sold
84. y er bushel, the quality being excellent end the crop large.
The 4th of December period off better than was expected,
although the renewals were unusually frequent. It is feared
the turn of the new year may not per over so well.

Oats and grain el all kind' bare come in in very largo
quanntie..

- Oa the I ith lastest the mail stetmer Columbian arrived
at Kaegaroo Island, and anchored in Hobson's By at 9.30
p.m., on the 12th. The saws, in a commendsl point of view,
le regarded I. a doubtful light; whilst the advice., as regards
the position of colonial produce, wool, &0., are very sada-
factory. The amount of shipments advised se coming for-
ward would, I. ordinary tame, be greedy In excess of our
wants; but this time, with our trade thoroughly depressed,
and our markets overstocked, the additional pressure will be
severely telt.

The trifling way In which the great railway loess of the
ooloay are being retailed out to the inglisb public is most
untatialectory, end likely to delay for a enasidemble titue the
return of the capita unneeesemily taken from the oolony, and
whioit is tow so greatly seeded.
The eubaegeent hakegrass from Aden, publiebed in the
Argue, reletive to the position of affairs between France and
Instead, has canoed much uneesiness.

The Immigration continues on every limited ec de. Labour
le edit higher and out of proporti. n to the HMOS.
The "lichen's' now stead thus :—To Ertalead, SO daye
sight, psr ; 30 tlsy: eight, i per act. ; eight, 1 per cent.;
to Iladrae, Calcutta, or Southey, 2.. Id.; Goyim, 3; per
ant. , Chute, b dole. ; Neuritis., 4 dole. 20. ; New Zealand,
1 per oast.; Sydney, pm ant.

The A rgiti says:
Ribes the date of one Wt summary no his than 103
schedules hese bean tiled In the Insolvent Cones of
Melbunnis. Tome were cbi. fly relating to small estates,
bet among them were the felloenng, belinging to the
eneresntele end trading claws —Tbuniae Wel err, grow,
with liebtillies amounting to 6,0001. ; King Brouwer, not-
Mints, and ironmongers, with liab Wes amounting is
29,9241. ; Charles win* merchant, with 7,7814. ;
and Thomas Pule, grocers, with hO,OOOl. ; Jam./
Armstrong, diets, with 11,6001. ; Wm. Biro, 411 mun ~
with 4,6671 ; Henry Barge, ussobant, with 11,8761. ; sad
Thou.. Cooper, merchant, with 13,0591. Beside* dim
Users Imes been eerreel private at noseemats made by Lilting
bonnie, and nedgswents fur the benefit of ceedaturs. Ra-
i:now.. saws aocompanied them onspanotona, and cortidemos
hes been entirely neer.
TIN November 'whew', Oiresifer contains a Het of 91
inselyeass whams solwdoles were filed during that meth.
Of tbs.. sawn. thir,sen iavoived Ilablll t.s utast 100 L ;
twanirtwo fines 1001. to 2001.; talcums gram 200 L to $001;
tweiv• from 6001. to 6001. ; eta from 601.11. to 1,0001.; idle

from 1,0001. to 2,0001. • Eve from 2,0001. to 6,04/01. Of eigh
the Hemlidos are not elated. Of the remainder, one woe to
the :amount of 6,0001. • one 6,6431.; cos 9,4001. • and one
29,9241. The circular A'
nineteenso oontains a list of assign-
ments for the benefit of creditors. The lists, both of insol-
vendee end assignments ere long, and inhibit very nemesis-
factory results, se regards the proportion borne between the
assets and the liabilities.

The remittances this month will, in consequence of the
preveilLog depression, be uaususlly light.
The Melbourne Age, of Dec. 19, says:—" On
Saturday we published oar usual monthly summary
for England, in which we referred to the depressed
condition of the import markets. During the day
our merchants and traders have been so much
engaged with their correspondence intended for
transmission by the Malta, that no change whatever
in previous quotations has been recorded."
It appears from the returns that the gross amount
of gold brought to Melbourne breeoort during the
past year has been 2,081,864 ox. Up to the samedste
in 18.58, the quantity was 2,237,442 or. It is clear,
therefore, that a very material decrease in the yield
of the gold fields has taken place. " This is attri-
butable," says one paper, " to the gradual exhaustion
of the old ground,and to the fact that a large number
of men who were previously engaged in digging
have been drawn away by the extensive railway
works now in progress. Had there been any great
rushes daring the year the deficiency might have
been partially covered, but until within the last few
days there has been no movement corresponding
with the rushes to Indigo, Back Creek, and
Ararat for previous years. The formation of
numerous mining companies had been the
feature of the last two or three month., and
it is anticipated by the sanguine that by this
means the yield of gold from quartz reef,' as well as
from alluvial ground will be permanently increased.
Certainly the introduction of capital and machinery
may effect mach, bat as yet there is little actual
improvement under the operations of new com-
panies. Judicious arrangements, effective machinery,
and, above all, good management, are indispensable
to success; and, unfortunately, but a small propor-
tion of the new companies possess these recommen-
dations."

From New South Wales we have papers to the
14th of December. The Herald has the following
commercial report in its summary :
Business during the past month has been exceedingly dull,
and the transactions in almost all our markets have been
very limited ; the trade only buying sparingly, and to meet
present requirements. Some heavy shipments of teas and
sugars have lately come to hand, and have caused a decline
in the prices of these articles. Although the wool mason
has commented. and supplies are being forwarded by the re-
turn tame, still there is no improvement to notice, our stocks
of moat goods being large.
From Adelaide advices reach to the 20th Decem-
ber. The Register of that date says :
The month that has 'elapsed since our last summary for
England was written has been very tar from a bright one in
a commercial point of view. A considerable amount of steady
healthy business has unquestionably been transacted, and the
combined effects of the wool smarm and the new harvest,
which has now commenced in good earneet, we treat will ere
long have a tendency to make things more briek. The lopes,
however, in the dour markW, to which we adverted in our
last, and the continued arrival in Melbourne and Sydney
from Valpandso and California of ships laden with grain and
dour, have had so depressing en influence on all parties con-
cerned in that trade, as well in the neighbouring colooies as
amongst ourselves In Adelaide, that we require a little time
to recover from the " damp" that this in/inane baa ex-
tended to other branches of our commerce, by cutting off
temporarily a good deal of interoolonial trade. From this
probably, however, we shall soon recover, as when the new
crops begin fairly to come in, there will doubtlessspring up
a demand for A&lside wheat snob as has arisen for so many
preoediag fessollo, and we may than cam more look for an
improved trade with the neighbouring colonies.