The Express.
London, England, 1858-01-05 00:00:00

THE EXPRESS, TUESDAY EVENING, JANUARY 5 1858.

CHRISTIANITY IN INDIA.

PUBLIC MEETING IN EXETER HAIL.
(THIS DAY)

This morning a public meeting was held in
Exeter Hall, convened by advertisement, fur the purpose of
considering the future relation uf the British government to
religion in India. The platform was well filled, but the
galleries were quite empty. and the body of the hell
only partially occupied. The Right Han. the Bans. of
QX t meant Kr presided, supported by Lord Ebury (Lord
Robert °revenuer), Sir Culling Earilley, Bart, the Hon.
♦. Rinnaird, M.P., Sir S. M. rein, Bart., Mr. Hanbury,
M.P., and Formal eminent metropolitan divines.
The pronredings were opened by psalm and prayer by the
Rev. W. BROOkII.

The CHM RN AM then proceeded to introduce the imam-
diet. objects of the meeting. end in the tint place he at-
tributed the paucity of the attendance to the sudden cheep
in the temperature of the atmosphere out of doors. The
interest that was felt in the great question they were
celled upon to wonder must not therefore be
seesawed by the smallness of the meeting, but
rather by the amount of money that would be subscribed
towards furthering the immediate object they had in view.
He believed the subscription would be more then liberal.
The Christian community of this country were alive
to the importance of the present opportunity fir extending
missionary operations in India. The government were
greatly to blame for their neglect of Chris=
in Bengal. It was there the mutiny corn
and it was there the work of the missionary bed been
obstructed by the executive. Hindonion had been directly
encouraged by the government, and the result of that policy
was seen in the dreadful atrocities of the Sepojs. The
time had arrived when such • policy could be
no longer tolerated; it must in future be the bulimiss
as it was the duty of a Christian government to
adopt the Bible as the basis of its policy, it must
no longer be the super of Indian idolatry, and
when the native coles refused to admit the
Bible all state support should be withheld from
them. Too much was not asked of the government ; they
were required only to place the Christian upon a footing with
the Brahmin, as proposed by Sir John Lawrence in the Pun-
jab; there should be equality, and all should be alike
admissible to the public service. The government
were not asked to pursue a system of coercion in behalf of
Christianity, nor were they modelled to violate the rights
and privileges of the natives., but as we were the
conquering power so we should insist upon the
natives respecting our prejudices as long as we allowed them
to enjoy theirs. The natives bad a prejudice for ob-
scenity, we for decency ; for polygamy, we for
one wife. Let both be respected ; let there be
I equality, sad it would be soon seen that the
truthful simplicity of Christianity would take strong hold
of the wave. Caste, as Sir John Lowrance well observed,
was the bane of India, not that it ought to be formally at*-
, limbed, but let the government show that they set no value
upon it, and the native would also cease to prize it. The
object of this meeting wee not to dictate le the government,
but to warn them of the spirit that at prises* animated the
' country upon this momentous queetion; the* spirit was not
I produced by fanaticism, but by the solemn coavkiden that
we ought no longer to bold India if the government refused
to make Christianity the bade of their Indian podgy.
(Cheers.)
The Hon. A. /I imeta nth, M.P. moved the first resolution
as follows That this meeting records with feelings of
thankfulness to Almighty God, the MCCOMB with which be
crowned the British arms In the suppression of the formidable
revolt of native troop. in India, and while It deeply de-
plores the atrocious barbarities indicted on oar country-
men and countrywomen with their helpless children
by heathen and Ilahomedaa rebels, it rejoices that
through the Divine mercy cheering prospects are now
preertried of the early restoration of order, security, and
pesos." In moving them resolution, Mr. Hinnaird declared
it to be hie belief that the Indian mutiny
was the result of a long and deeply-laid scheme
of Mehomedan conspiracy, and that the Almighty
had sent it upon us as a judgment for our neglect of
Christianity in India—as a punishment for having supported,
if not encouraged, the worship of false gods. He echoed
the eentiment of the noble chairman, that while there was tall
toleration for the religion of the native, nothing should be
done by the government that could discourage or obstruct
the progress to Christianity and civilisation in India He
advocated the adoptive in Bengal of the policy
which bed been followed in the Punjaub, where
there had been no outbreak. He deprecated go-
vernmental interference with the freedom of the pries
in India and declared his conviction that peaks
owlet would never rest satisfied until there had beset a fall
and searching inquiry into the feelings and sedition of the
people of India.
Lord Ent or seconded the resolution, and said he had
been attracted to the meeting not by its political, but its reli-
gious character • it was not a denominational meeting, bet a
meeting convened by • joint committee, representing almost
every Christian community. It had ever been the tendency
of mas to attribute national cslamities to moral
causes; and, accordingly, when the Indian revolt broke out,
the Winn bumbled itself before Almighty God, praying that
He might be pleased to avert the danger that had corns upon
us. The prayer had been heard, and the hand of Provi-
dence be observed in the gradual suppression of
the revolt. He therefore heartily seconded-that part
of the resolution which tendered the humble
that' of the meeting to the Almighty, for His
mercy In watching over tbe progress of British arms In
India. In India, in Kaffaria in Persia, British arms had
more than once bad to encounter the hordes of the infidel;
but they had always succeeded in overooming the enemy,
and throughout all these terrible struggles the hand
of Providence might be distinctly traced. In nothing
more so, however, had it been shown than in the
recent oat-arrestor of India, and hence it was our duty pub-
licly to acknowledge the Divine dispensation thus manifested.
The mercies had been national, and the acknowledgment
should be national also. (Cheers.) The noble lord concluded
with an earnest appeal to all the religious bodies of the
country to unite in the great work of advancing Chris-
tianity In India.
The Rev. FRANCIS WRIT, president of theWeeleyan Con-
ference, supported the resolution, and indorsed all the pro-
ceedings of the meeting as the representative of the Wes-
leyan body. He agreed with the mover of the resolution,
that the work of retribution had yet to be done in India.
The retribution mast be as national as the rebellion had
been, but at the same time justice must be tempered
with mercy, and the wrath of the monger
must be measured by charity, or It would
brume unjust as all unequal punishments must be. He
was ready to leave the adjudication of this gent question,
involving as it did the interests of 200,000,000 of people,
to a body of diversified Christians rather than those
politicians who, in a religions point cif view. took np a neutral
position, and prided themselves upon doing nothing that
interfered with the religion' prejudices of the native. India
wee not given nor continued to us alone for mercantile
cupidity and worldly honour, but had been committed
to oar charge by an all-wise Providence, and es
we held it rather by moral than materiel
force it was our duty se it was our interest, to inculcate
Christiarlity amongst the natives ; not as the Repays had
evromously supposed by force or tread, but through the le-
strumestelity of the Bible sad moral suasion. Principle
was the only oafs policy to prime in the government of
India; and we mast no Rarer wink at or encourage idol-
atry, bet avow our Christianity, and manifest our religion,
without freesia to Christ. Then would the true influence of
Britain be felt in India and our Indian empire become great,
gloriosa and free. (Cheers.)
The resolution was then put, and carried unanimously.
The C said as there were five other resolutions to
be moved he hed to request the speakers to be se brief as
thew pearibly scald. (A laugh.)
The Res. Caws C s moved the second resolu-
tion as falless:—. That, in the judgment of this meeting,
ft is the emceed duty of the British government in India,
es the executive of a nation preferring Chrietienite, at the
mediae practicable period, and in the most expedient meaner.
to withdrew its conetsemare and aid from every form of
idolatry ; smecially by disoontinuing all grants for the
maintenance of heathen temples and idol worship. and ceas-
ing to administer endowments for their support: by prevent-
ing all site of cruelty, and all obscene exhibitions connected
with idolatrous rites, and by entirely withholding Its sumo-
tea to the social evils cosnected with the system of cure."
The resolution was wooded by Sir S. If. Pero, Bart.,
and having hren sup orted by another speaker, was, like
the first, put and carried unanimously.
The other resolutions to he proposed were as follows :
•` 3. That while the government of India ought not, in con-
formity with the principle and spirit of Christianity, to em-
ploy either its authority or patronage to proselytise its
move subjects to the Christian faith, it is no less its duty
to rerun to all cleaves, whether Christian, heathen,
or Mohammedan, retire religious freedom, so ter as is com-
patible with civil Ashen and public oraler.-4. That, in all
colleges and other saneational institutions supported by the
!edits& government, the Christian Scriptures ought to be
@droned and regularly taught to all those pupils who may
be wining to avail themselves of their divine instructions.
6. That this mooting hereby meet miserly calls upon the
directors and friends of the erten! missionary institutions
labearieg In India. to employ their utmost latish!, for
ogoltloiyiar the number of their dm*, agents, and for
extending, by every form of Melaka agora the blessings
of the gospel threeglimat that vest empire, es the
nalr esoority the pemehat Pm* end latelike.
6. net a assorial to re llajraty the Queen, gag perinea.
to both houses of parliament, handed upon the
resolutions, be now adopted : that the Right Hes.Prthae=
of NbAsabary be vetrieskd to sign the rase ea behalf d
the heother, sad that the petition le the Hoar et Lords be
promied by the Right lloa. Led Ribery, and go the gloom
et Cameos by the Hew Artier Ihasird."
Thvolp was proomedise whoa oar mart left, and
then to be every prospect that it would ht. rap
the es efterpoon.

ACCIDENT TO 'ERs RIGHT HoN. R. V. SMITH.—
The Northampton Harold raise that ea wither bad the
Right Hoe. Vernon Smith. Prerdeat of the Bard of
Central, whilst hooting the other der. is Northam/gm.
shim with the Fittrilltsta hoards. the hon. eeethera's
cedar-10as was harmed ; bat. soder the Adel triedielli
al Ur. J. Last% surge" of Thrapaton, he r premolar
tivisarably.

LISM-21118 DAL

Two oTtoow.
The railway share market is still rapidly rising.
A further, almost general improvement has been
established to-day. Great Western stock is now
quoted 601 to 611—a rise of 11 per cent.; London
and North Western, 931 to 100 e, a rise of 1 per
cent.; Midland, 94 to e ; Lancashire and Yorkshire,
961 to 97, a rise of 1 per cent.; Great Northern,
241 to 251 per share ; Eastern Counties, 121 to f ;
and London and South Western, 491 to 60.
Grand Trunk of Canada shares and bonds, espe-
cially the latter, Geelong and Melbourne, Dutch
Rhenish, Great Luxembourg, Lombardo Venetian,
and most of the French stocks are in demand, and
looking up. In Pernambuco, Riga and Danaburg
and the Indian shares a good business is still going
forward.

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MONEY MARKET-THIS DAY.

Two o'CLocc.

The funds continue their steady advance. The
rise established to-day amounts to 1 per cent. Most
other securities, especially English railway shares,
are still rising.
Consols were first marked 943 ex div. for the
Bth January, and are now quoted 943 "buyers."
The Three per Cents. Reduced have been dealt
in at 911 to 953 ; the New 'three per Cents., at
941 to 953 ; Bank Stock at 2173 to 220 ;
Exchequer Bills at sa. to 1041. prem., being higher,
India Bonds at par to ss. prem, being also better ;
and Exchequer Bonds, 1858, at 993.
Turkish Six per Cents. hare advanced to 99 to
993; Peruvian Bonds, Sardinian Five per Cents.,
Spanish Bonds, and Turkish Guaranted Four
per Cents. are all in request. Sales are
recorded as follows : Brazilian Five per
Cents., 1829 and 1839, at 100; Mexican
Bonds for account (15th January), at 21 and 201;
Peruvian Four-and-a-Half-per Cents., for account, at
791t0 803 ; ditto Three per Cents., for aocouut, at 5.53
to 553 ; Russian Four-and-a-Half per Cents., at 983
ex div.; Sardinian Five per Cents., at 861, 87,
and 861 ; Spanish New Deferred Three per
Cents., for account, at 263 to 26, ex div..
Turkish Six per Cents., for account (15t1;
Jan.), at 993 ; ditto, Guaranteed Four per Cents., at
1031; ditto, for account, at 104.
At Paris to-day according to Mr. Reuter's telegram
(Tuesday) the Three per Cent. Renter opened
at 70.35 for the new account (end of January)
and at half-past one o'clock were quoted at
the same price, showing a fresh rise of per cent.
since yesterday afternoon.
The downward tendency of the rates of interest
becomes daily more evident, and it is expected that
the Bank of England will on Thursday next reduce
their minimum rate from eight to six per cent.
This movement would be quite warranted by the
state of the Bank accounts, and by the general posi-
tion of the money market. Yesterday the applications
to the establishment were upon a trifling scale,
whilst the amount of bills falling due yesterday (the'
4th) was very large. It is a favourable feature that
these bills have been met even better than was ex-
pected. In the discount market the supply of money
is extremely plentiful. No good bills are refused at
63 per cent., and in numerous instances choice paper
has been discounted as low as 53 per cent.
The specie movement is more favourable than
ever. The amount of gold purchased by the Bank
of England yesterday was 232,0001., principally ex
the Suffolk, from Melbourne. This makes a total of
630,0001. sent in since the date of the la,t return ;
and the total stock in the Bank must consequently
be at least 12,080,0001. The enormous remittance—
viz., 467,5441.—br0ught by the Europa to Liverpool,
is expected to come to hand to-day, and to be
sent into the Bank. The amount of Australian gold
en route to this country (as shown below) is at least
900,0001., of which 196,0001. will be due at South-
ampton early next week.

It is eery to foresee that the bullion in the Bank
will be speedily raised to thirteen or fourteen mil-
lions sterling, and that the rate of discount will not
be long kept up at six per cent.

The dividends will be payable to the public at
the Bank of England on Friday, the Bth inst.
At Hamburg the supply of money is abundant,
and the rate of discount for the best paper has fallen
to 31 per cent. We know of some instances in
which transactions took place on Saturday u low as
2i per cent.
The Bank of Turin have reduced their rate of dis-
count from ten to eight per cent.
The stoppage is announced of Messrs. Richard
H. Whitfield and Co., West India merchants, with
liabilities estimated at about 45,0001. Subjoined
is their circular :

29, Nicholas-lane, Lombard-forest, London, 8.C.,
Jan. 4, 1868.
Oentletnen,—ln consequence of the heavy losaes that we
have sustained by the depreciation of West India produce
and being depnved of the usual resources of credit by
the suspension of those houses with whom we have hitherto
been connected, we regret to be compelled to suspend our
payments.
As our Kr. Whitfield only returned from the West Indies
on Friday last, after an absence of nearly four months, be
will be enabled to give accurate information as to our West
India dependenciee, which, together with a statement of our
affairs generally, will be prepared by Maws. J. E. Coleman
and Co., and aubmittedto you as early as possible ; in the '
meantime we beg your forbearance—And are, gentlemen,
your obedient servants, Rion. H. Witivrist.o and Co.

A meeting of the creditors of Mesas. Sewella and
Neck, in the Swedish trade, who suspended pay-
ment on the sth ult., is called for the 14th inst.
The magnitude of the specie remittance by the
Europa is partly explained by the distrust of
mercantile bills of exchange.
The Maid of Judah has arrived from Sydney with
197 oz. of gold and 14,600 sovereigns on freight.
The steamer Tagus has brought 29,9141. in specie
from the Peninsula.

A further remittance of 11,0001. in gold has been
received from the Levant by the Ottoman Bank.
The Melbourne advice, mention the shipment, by
sailing vessels, of a very large amount of gold for
England. The total is 704,0001., and the particulars
are as follows :

Gold on board.
Name. Sailed. Pariod at an. Closers.
Marco Polo
Northumberland Oct. 28 .. 68 days .... 46,881
Oliver Lang Nov. 16 .. 60 days .... 47,442
Austral Nov. 15 .. 60 days .... 8,809

ToOil omess.... 176,336

Including the 195,0001. taken to Suez by the
steamer City of Sydney, 900,0001. in Australian gold
is known to be actually on its way to this country.
The light portion of the Austral an mails taken to
Suez by the City of Sydney will probably reach
London about Thursday next. The steamer Teviot,
with the heavy portion of -the mails, and 195,0001.
in Australian gold, is expected to arrive at South-
ampton early next week.
It appears from the Irish Bank returns that the
National Bank, the circulation of which is stated at
897,2121., holds 43,8581. more coin than the Bank of
Ireland, the circulation of which is 3,302,5001.

A telegram from St. Petersburg mentions that
the exchange on London has risen to 331 d. This
movement is attributed to further shipments of gold
to this country, effected by the government, which
sees the necessity of keeping up the exchange, and
therefore allows some quantity of the precious metal
to be exported. The price of tallow for delivery in
August was quoted 163 ro., with 10 ro. down.
The corn market yesteray was firmer, and an ad-
vance of ls. to 2s. per qr. over the previous Monday's
prices was quoted for wheat. The number of floating
;Z.of grain arrived at ports of call since last
is 28. In this braneh of the market the
demand is rather more active. Most of the country
markets are reported le. to 2s. per qr. dearer.
The decrease shown in the weekly traffic return of
the Great Western Railway of Canada is I,l'lol.

MONDAY MvANDWO.

The funds to-day were very firm, and towards the
close a fresh rise of I per cent. was established. In
the morning the rate of "continuation" on C3nsols
to the next settlement, which is fixed:for the 4th of
February, was j to 3 per cent., bat in the afternoon
it declined to 5-16 to 7 per cent., or equal to 43 to .51
per cent. per annum. The diminution in the charge
for carrying over the accotmts of speculative holders
is in great measure caused by the purchases effected
by the banking interest, including the Bank of
England, to replace stock sold during the recent
crisis.

All the other departments of the Stock Exchange
were buoyant. In English, French, and Canadian
railway abates, the upward movement was especially
brisk, In many classes of English railway shame

there is now a 1..rg0 outstanding speculation for the
rise, but the operators in this direction evince un-
diminished courage, counting upon a considerable
fall in the value of money.
Consols, which cloud on Saturday at 94} to 1 ex
div. for the Bth Jan., opened this morning at the
same price, and advanced in the afternoon, finally
closing at 94 7-16 to 1, with a firm appearance.
The official business report is as follows:—Three
per Cent. Console, for account, 941, 941, 941, 941 ex
div. ; Three per Cents. Reduced, 941, 1. 1; New
Three per Cents.. 941, ; Bank Stock, 219 ; Three.
and-a-Half per Cent. Exchequer Bonds, falling pay-
able in 1859, 981 ; India Bonds, 20-
Exchequer Bills have again risen ls. to 2a., closing
at Ss. to 84.
Turkish Six per Cents. advanced about % per
cent., closing at 981 to 993. The Guaranteed Four
per Cents. have risen to 1031 to 1041. The half-
yearly dividend on this stock falls due the let of
next month. There was a good demand for Peru-
vian, Portuguese, Russian, and Venezuelan Bonds,
at advanced rates. The general tendency of this
market is upwards, and a good amount of basi-
-1 nese is going forward.
Bank shares to-day were firm, except Bank of
Egypt, which receded 10s. Itanl7. of New South
Wales shares advanced 11., and English, Scottish,
and Australian Chartered Bank fis. Bank of Aus-
tralasia were in demand. Amongst the miscella-
neous securities in demand, and dearer, were the
following, viz. : Victoria Dock stock, Crystal
Palace Preference, Peninsular and Oriental Steam,
European and American Steam, Australian Royal
Mail, Netherlands Land, and Scottish Austral an
Investment shares. London General Omnibus shares
were firm at 3% to 31.
The shares of the Eastern Steam Navigation Com-
pany were also quoted higher, at 4 to 6 (201. paid).
Canadian Government Six per Cents. were to-day
quoted at a fresh advance of per cent.

MMES.-THIS DAY.

Two O'CLOCK.

A good amount of business has been done this
morning in British mining stocks, and the market
maintains an improved appearance. Amongst
the shares in demand are Alfred Con-
sols, North Frances, Pendeen Consols, and
Wheal Edward. Wheal Trelawney have advanced.
Lady Bertha shares are fiat.
Foreign mining shares are quieter. United Mexi-
can are inquired for, and are marked 4
Subjoined is the official list of closing prices in the
Mining Exchange yesterday :
East Basset, 91i, 93 ; East Russell, 3, 3 1-16, 6 ; Great
Alfred, 44, 4; lAdy Bertha, 17s. 6d.. 18s. 6d. 17e, 18s. ;
North Frances, 10, 104; Pendeen, 34, ; Bortridge Consols,
IL Ba. 9d, 1} ; Tamar Consols, 195., 18s. 6d., 19a., 20a.;
Went Alfred, 86, 874; West Grenville. 44., 4a. 6d., 4a.,
4a. 3d. ; Wheel Edward, 71 Wheal MarY Ann, 441, ;
Wheal Trelawney, 28f, tlie, 28, 261, 26f, 264.

MONDAY EVII4IIIO.

We have at length to report a decided improve-
ment in the market for British mining stocks. The
demand has become active, and as holders are dis-
inclined to sell at present prices, quotations in many
cases exhibit an upward tendency. Higher rates
were current to-day for shares in Great South
Tolgus, Great Wheal Alfred, Great Wheal Vor,
North Frances, North Basset, South Cam Brea,
Tamar, West Basset, Wheal Edward, Wheal Tre-
lawney, and other mines. The following may be
given as some of the quotations current to-day,
viz. :—West Frances, 10 to 11 ; Great Alfred, 41 to
1; Vale of Towy, 17s. 6d. ; Wheal Trelawney, 26 ;
Wheal Mary Ann, 46; and Wheal Zion, 10..

COMMERCIAL AND MARKETS.

LIVERPOOL CORN MARBET.—THIS DAY.
(By xAmorrio wauxiaArx.)
(room OUR OWI (70111.1121)!MINTI
There was a moderate attendance of farmers and dealers at
market, notwithstanding trade was sluggish, and but slight
alteration in prices.
Wheat was from Id. to 2d. per bushel, and sour 6d. per
barrel, higher. Indian corn eaaier.
Oats and oatmeal dull, at steady prices.
Other articles unchanged in value.
Weather frcaty.