The Express.
London, England, 1866-01-15 00:00:00

LIFEBOAT SERVICES.—During the storms of
the pad year the National lifeboat Institution, by its life-
boat and other means, contributed to the saving of 707 persons
from different wrecks on our coasts. The institution also ex-
pended £21,374 In the same period on its lifeboat establishments.
In addition to granting £4,950 for rewards for saving life and
exercising the lifeboats.
The committee of the Institution earnestly APPEAL to the
public for ASSISTANCE, to enable them to meet the continued
heavy demands on the Institution's 153 Lifeboat Stations.
Contributions are received by the London and Country
Bankers . and by the Secretary, Ittchard Lewis, Seq., at the In-
stitution, 14, Joixnetreet, Adelphi, London.
JOHN BROGDEN.

ORIGIN AL GOLD GRAIN MANUFACTORY,
le, IiIIIMILTUAITMET. 00VINT4EULDEN.

JOHN BROGDEN'S GOLD CHAINS. .

JOHN BROGDEN'S GOLD GL ARD CHAINS.

JOHN BROOMS'S 0 OLD ALBERT CHAINS.

JOHNEBOGDEII'SGOLDBROOCHCHAINS.

MESSRS WATHERSTON and SON,
Goldsmiths and Jewellers,
lime Ready for Inspection a Great Variety of JEWELLERY,
of the Latest Deafens, suitable for
1% ERRING PRESENTS and NEW-YRLIVS GIYI3.
IL Pall-mall lad, S.W.

TURTLE, TURTLE, TURTLE.
Clear, Thick and Invalid Turps Soups always rosdy at
ST. JAMES'S-HALL. Regret-street, Plccadllly. W. DONALD,
proprietor.

LONDON must have s SUPPER and MUSIC
ROOM tor Gentlemen. —Remember, we wait for you at
"RVANS," after the Covent-garden Pantomime, yid the
Theatres.

Zhe OVPreoo*

Ldvallemasate tateaded for Tbe laprees " London Imlay
=, sue be at the Odin, Boavetterdrosi, by Two
It ea ihe day of yoblbatioa.

THIS IVINING, BROTHiIt SA filMasses. Bothern. Back-
-IVPII
and Compton; Woes Nally Moore. Snowdon, ttc.—
OEUS IN THE HAYMARKET. Mama Farrea dr D. fisher ;
Minas Keeley. Howard & Wright.—MY HUSBAND'S GHOST.

PRINCIBVS.
THIS imam. gum LODGINGS.—After which IT. I$
lIRVILIS TOO LAM T 9 MiND. Mews Vining, G. MeleMe,
T. Mead, D. Murray, D. Caihaem, F. Villiers..7. G. Shore, G. Mur-
eay, and R. CathnirS ; Misses L. Moore and K. Rodgers.

-LYCKI7II.

TRW Ermrsa, THE ILLUSTRIOUS STRANGER. ➢lr. H.
Wtddlcomb.—THE MASTER OF RAVENSWOOD. Medlin.
Fechtm, Jordan. Wain, Emery, Widdioomb, litiparMS, Emu ;
Memtamm Tema, Elurorthy, Linton, C. Lmlong.

BIUTANTIIA.

THIS Emma, OLD DADDY LONGLEGS AND SIR REGENT
CIRCUS; OR, THE RACK FOR THE GOLDEN APPLILS.—
IL and Ildme. Siert senbach.--Signoe Beranl-01raar.—Shower
of Golden Raln.—And JEASIZ, THZ MORMON'S DAUOHTIR.

HIGH WATIR AT LONDON-GRIGG&

Tfla DAY Moraine, O. 157m.....Ait0rn000, lb. las.
To.noiaom-• Month's, lb. *2m.-•-nitornoos. lb. ink

LONDON, MONDAY, JANUARY 15.

FROM the Board of Trade Returns for the eleven
months from January to November, 1865, the in-
ference has been drawn, first, that our exports of
goods to the United States hde of late been preci-
pitate and excessive; secondly, that they are not paid
for ; and, thirdly (for what reason it is impossible
to discover), that the credit thus given is afforded
in the majority of cases to unsound firms, certain to
fail on the first appearance of difficulty, with an
estate of next to nothing in the pound. To state a
doubt of any one of these assumptions is to expose
yourself to a charge of making a " raving denirt."
Still it may be permitted to look into the facts.
The Board of Trade returns show that in the first
ten months of the past year on: total exports to
the United States were 14,844,7041.. against
15,403,017/. in 1864. Thus far there appears
no cause for apprehension. The exact figures
for November and December have yet to be
published, but on a rough calculation it
may be assumed that the shipments in those
months somewhat exceeded five millions—five
times as much as in 1864—leaving a total to be
paid for of some twenty millions. The bile in-
crease in the closing period of the year is chiefly
remarkable. It arises from exceptional causes,
and, as often happen., the balance is redressed in
an equally exceptional manner.
The question whether the United States can
afford to pay for an import of twenty milliors is
easily disposed of. In the first place, the pro-
ducts of a nation so industrious and wealthy are far
more than sufficient to meet this comparatively
moderate demand. It is true that recent events
have temporarily disturbed the normal pros-
perity of the country and disorganized commerce. In
old times, before the war, the chief article we re-
ceived was cotton. Since 1860 this item hss been
comparatively absent from our trade returns, as
the first result of the Southern secession was of
course the almost entire cessation of the cotton
export. Some small quantities were brought by
the blockade runners, but they bore no material
proportion to the supplies upon which we formerly
depended. The re-establishment of peace found
the Southern States with a tolerably large amount
of cotton on hand, which has since been eagerly
bought up, chiefly on foreign account. Accord-
ing to a correspondent in the very paper that first
tried to create alarm in the trade with America, it
appears that in the South " vigorous efforts are
" being made in many sections to re-establish
" trade." " The steamship commerce between
"New Orleans and Liverpool is already large, and
"is constantly increasing. Eleven steamers, of
" 2,000 tons burden each, are now engaged in it,
" and they are loaded down with cotton on every
" outward voyage. There are at least 35 vestals
" loading with cotton at New Orleans and Mobile
" for shipment abroad, and every bale at Charleston
" has been taken up on foreign account, though
"no vessels offer to carry it. The stock of cotton
" now in hand at all the Southern porta is eati-
" mated at 300,000 bales." The writer quotes
plain facts already well understood here. Not-
withstanding the destruction inseparable from the
effects of the war, and the diminished growth of the
staple, there was every reason to believe that a
large supply of the raw material still remained
available, the only difference of opinion being in
the estimate of the precise amount. With that
point, however, we have little to do. As regards
ourselves one fact is certain, that our import.
during the last year, and especially in December,
have been on a scale of magnitude far beyond
what is generally supposed. It is difficult
to ascertain the precise value of the quantities re-
ceived in 1865, since it depends not only on
the proportions of the various qualities, but also
on the price actually current. The most ex-
perienced cotton brokers at Liverpool, however,
set down the total at 13,000,000/. ; nor can this
be considered an exaggerated estimate. In Decem-
ber alone the arrival took place of nearly 100,000
bales, worth about four millions sterling. The
next most important article we receive from the
United States is corn. Compared with last year
there is a considerable deficiency, but the total
value of the whole cannot fall far short of
200,0001. The receipt of specie has been
upwards of 4,000,000/. in the eleven months
ending in November, without counting the
sums brought in Deoember. Again, there
are several miscellaneous items, such eel
tobacco, petroleum, turpentine, etc., which should