The Express.
London, England, 1866-07-28 00:00:00

THE PRESTON BANK.

Yesterday the adjourned meeting of shareholders
in this bank was held at the Bull Hotel. Then was •
large attendance. The report of the cu 'ttee appointed
to confer with the directors was read. It stated that at
a meeting of the committee yesterday, at which the
whole of the committee and four of the directors were
present, the following resolutions were adopted :-1.
That the shareholders and creditors be recommended to
agree to re-open the bank, in preference to an official
or voluntary liquidation under the Court of Chancery.
2. That the depositors and creditors be recommended to
accept the payment of their balances by four instalments,
ss. in the pound in three months, ss. in nine months, se.
in fifteen months, and ss. in two years, with interest at
5 per oent. per annum. 3. That the 'band:eiders of the bank
be recommended to pay 100/. per share, via., 501., the
balance of the subscribed capital, in cash within two
months, and 501. in promissory notes drawn at eight
mesas. • large proportion of the shareholders
have already given their assent to the above arrangement.
The balance-sheet, prepared by Messrs. Chadwick, Adam-
son, and CO., showed the total liabilities to be 1,195,5401.
15s. 3d. ; the smote were 1,114,6401. 2a. 10d.; the deficiency
being 90,8941. 15e. sd. Next to re-establishing the sol-
vency of the bank, the important task will be to pro-
vide for its improved future management, and as soon as
practicable for au amended constitution. These points
have already received the anxious attention of the com-
mittee, who would, however, prefer to have associated
with them some gentlemen representing the creditors, so
that their joint recommendations may be embodied
in a special report to a future meeting. In
the course which had been adopted the committee
have availed themselves of the services and experience
of Mr. David Chadwick, of Manchester, by whose assist-
ance and the co-operation of all who are sincerely inte-
rested in the nacos of the bank and the oaasequent
prosperity of the town, the committee have every hope
of reostablishing the bank on a sound basis, and provi-
ding against the occurrence of such disasters as the pre-
sent. Should the course recommended by the committee
receive the unction of the shareholders and the credi-
tors, the petition filed in the Court of Chancery
' for the winding-up of the bank will be ad-
' yourned, and the necessary steps for the resump-
I lion of the business of the bank will be proceeded with.
' , In melee to avoid expense, the appointment of Mr. C. R.
deacon, mayor of the borough, and Mr. E. Bodged as
, provisional liquidators, will be applied for to act until the
arrangements for reopening the bank are completed.
The report as adopted, and resolutions in accordance
I therewith, wire poised unanimously. Afterwards a meet-
. I ing of depositors, for the purpose of confirming theduision
.1 of the shareholders, was held.

METROPOLITAN BOARD 07 WORKEL—The weekly
meeting of the members of this board was held
yesterday ; SirJ. Thwaitee in the chair. A memorial was
received from the Commissioners of Sewers for the City
of London, asking for a contribution from this beard to-
wards the cost of widening Fenchureh-street. The sub-
ject was referred to the Works and. General Purposes Com-
mittee. A report was brought up from the Committee of
Chairmen of Committees under the Cattle Diseases Preven-
tion Act, sad in mating its adoption Mr. Le Breton stated
that up to this tune the total expenditure for this purpoes
had been 5,2131., and of that sum nearly 2,0001. had been
paid as compensation. Although there was a great dimi-
nution in the ceseeofcattle disease, yetas there was a possi-
bility of its againbreaking out, reoccurred a short Cunene',
when a number of diseased cattle from Holland werelanded
from the ship Mars, they thought the present machinery
for dealing with that disease should be continued. The
following were'the several sums expended in each district:
Westminster, M. 4e. ; St. Mierylebune, $751. se. 2d. ;
Finsbury, 363/. Se. ; Tower Hamlets, 1,161/. ss. 3d. ;
Lambeth, MD 16..; Southwark, 2111. 19.. 4d.; Green-
I with, 1001. 15a For cattle add, 133 f. 4.. sd. was received.
The Waits and General Purposes atomism brought up •
report which stated that they bad given instructions
to the engineer to treat all sewers under the Jeri.-
dirtion of the beard, discharging into the river Lea
or Limehouseeaut, with chloride of lime or other
I disinfectants, and systematically to continue to do
so during the prevalence of cholera. and hat they
have referred it to the engineer to tonrepor, if possiltle, on
Friday writ, if there be any other ams that can
be adopted to prevent the evils resulting from the offensive
state of the Limehouse-cot. That they base directed is
communication to be addressed to the trustees of the river
Lea, calling attention to the previous communications from
the board as to the condition of the river, and to the MKS
of cholera which have recently occurred in its neighbour-
hood, and urging upon the trustees to oe-operate with the
board in remedying the nuisance arising from the portion
of the river referred to. It wee agreed that •a copy of the
engineer's report, and all oorrespondence that bad taken
place on this subject, be transmitted to the trustees
of the
river Lea and also to the Privy Council. The red of the
barium was disposed of sad the board adjourned.
ROYAL COLLEGE OP BURGEONS OF EL:MARL--
The following gentlemen having undergone the necessary
examinations for the diploma, were admitted membered
the college at a meeting of the Court of Ex.uniners on the
26th inst., via :—Maori. Frederick William Young, Sells-
bury, Wilts; Richard Matthews Pryee, L.S.A., Caersws,
Montgomeryshire ; and John Waller, Tattingstone, near
Ipswich, students of University College ; James Gamey
Carruthers, Northampton ; John Charles Chester, Bed-
rnth, Cornwall ; Thomas Charles Marsh, Brixton, Surrey ;
and Hoary Stdaglewood Taylor, Ahou, Hants, of Gay's
Hormite/ • Rowland Hill Coombe Henry
, Bedford ; Freri-
ericklCorris, Charinouth, Doniertshire ; and Lyttleton Hal-
lett, Bedford-place, Resielloquare, of St. Bartholomew's
Hospital• William Harris, Carsbalton, Scrrey, of Gros-
venor-Om; School ; Evan Williams, Llechylehed, North
Wales, of Dublin ; S. R. Smith, L.S.A., Weaverham,Ches-
hire, of King's College ; J. H. Rummy, Fulham, Middlesex,
of St. Oeorp's Hospital; Jemph Moore, 31. D., WGill
College, Montreal, Canada ; and Frederick Grams
Rayne, Nortldeet, Kent of King's allege. At the same
meeting of the court, Kr. Thomas Roche, d the Boyd
Naval Remittal, Baehr, and Mr. WilliamShute Fisher,
ILB., Dublin. of the Ttoyal Marine Infirmary, Woolwich,
parted their ezarninations foe naval someone. These
tissasp had previously been admitted members of the
their diplomas baring date respectively 24th
7r1;35114. and 12th June, 1857. It is stated that of the
11 maidstes who edam' themselves far examenatinn 15
failed to acquit themselves to the satiresotion of the court.
and were consequently referred back to their homdtal
shifts for six snanths.

'1"i!

,

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TO CORRESPONDENTS
Avertimweente intended foe "The Empress " London Evening
w=must be at the Moe, 10, Souverteotreet, by Two
it on the day of publication,

ILAYMARICIT.
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LONDON, SATURDAY, JULY 28.

Ir is not surprising to learn that the lesser
potentates of Germany now perceive the necessity
of endeavouring to come to some understanding
with Prussia. The battle of Sadowa was a rade
awakening from dreams in which they had long in-
dulged ; but they waited some weeks after that event
apparently to ascertain what power of recovery
was latent in the Austrian Empire, and at length,
seeing their great ally losing heart and surrender-
ing his pretensions, they have followed the counsels
of prudence by seeking peace. In the course of
last week the principal Ministers of Bavaria, Wur-
temberg, Hessc-Darmstadt, and Baden met, and
resolved that it would be wise to come to terms
with the Prussian Government as quickly es
possible. The news of this morning, containing the
announcement that the Bavarian army has sus-
tained a serious defeat near Wurzburg, shows that
they have no time to lose. The official despatch
from Munich admits that the Bavarian losses were
heavy, and that the army is retreating. At the
same time that this blow has been inflicted by the
Premien forces coming from Aschsffenburg, another
Prussian column is advancing into Central Bavaria
from the direction of Leipsic. While the Bavarian
Commander is unable to hold his own in that
field, M. Vox DIM Prom: ern is knocking at the
door of Count Bonnet's lodgings in Moravia. It
is impossible not to respect the public spirit and
fortitude of the Bavarian Minister, who, instead
of retiring before the difficulties he has in-
erased, if not created, resolves to take them upon
his own shoulders, and, if possible, place his
country in a state of safety. For the last fifteen
years M. VON DER PFORDTZN has been the imper-
sonation of opposition to Prussian influence in
South Germany, combating it in all its forms
and with all his power, and until very lately it
was customary to congratulate him upon his
success. His patriotism is unquestionable, but no
one can now feel more acutely than he that, like
so many other German leaders, be failed to dis-
cern through the fictions and obfuscations of
Federal politics the real forces by which the
future of Germany was to be decided, and the
direction in which they would be exerted. This
mistake is not so surprising as the conduct of the
military operations of Bavaria during the last six
weeks. It is strange that the Bavarian Government
did not see, when Federal execution was ordered by
the Diet, that after that date everysmaller State must
stand or fall by one of the great German Powers.
Formally, indeed, the Bavarian Government took
the Austrian side, and thus gave Prussia the right
to treat it as an enemy ; but its action was from
the first so slow and feeble as to excuse those who
alleged that Bavaria was pursuing its own aims at
the expense of its ally. The Austrian Govern-
ment has good reason to complain of that of
Bavaria. The latter engaged to eend an army into
Bohemia, and had it done so in time, the pre-
sence of the Bavarian troops might have given
a different turn to the battle of Sadowa. It
was also its duty to succour the Hanoverian army
and bring it off to reinforce that of the Confedera-
tion, and in that again it failed. Finally, it might
have joined the Eighth Federal Corps, and pre-
sented a front so formidable that the Prussians
would have been compelled to divert to Western
Germany some of the divisions now before Vienna.
Any, and indeed all, of these things might reason-
ably have been expected from the Bavarian Go-
vernment, considering the forces at its disposal and
the obligations it had voluntarily assumed. It is
not surprising that the Emperor of Aurrzie
should now consider that he is not bound to burden
his own empire with the care of the interests of
those who have left him thus unsupported, or that
he should have recommended M. VON DER
Proanrsx to address himself directly to
Count Bonnet and make the best terms
he could. It seems probable that while bind-
ing Austria with great stringency, Count Bone:
will leave the Southern States a large nominal
liberty as to the political connection they may

Ms. Waxwings Hasnx's reply to the very
influential deputation which waited upon him last
Thursday to plead the cause of the Sick Poor in
London Workhouses shows a considerable advance
upon the position he took up last week in his
speech in the House of Commons. The new Presi-
dent of the Poor-law Boardnolongertalks of patching
up the system of workhouse hospital management
which has so lamentably broken down, damaging
our credit for humanity and common business
capacity in its fall. He now undertakes to elabo-
rate an entirely new scheme between the rising of
Parliament and the resumption of Cabinet Councils
after the recess. The promise seems to imply an
emancipation from those influences which have so
long been the bane of the Poor-law Board,
and trammelled the action of those of its
members who have desired to employ its power for
the promotion of reform, and we trust that Mr.
HARDY will resolutely maintain his authority and
independence. It is of great advantage to him to
enter upon the heritage of his predecessor. Mr.
Vrixissa achieved many and great reforms during
his administration, and in view of these his friends
may reasonably accuse the fortune which denied
him the privilege of crowning his career by one '
on which it is known he had set his mind, and
which would have been more obvious to the
general view than others which remain as monu-
ments of his conscientious and enlightened labours.
Had he continued in office our workhouse hospitals
would not have remained in their present state.
But before he could act effectively there was a
preliminary work to be done—a work of in-
quiry and publication —in order that the
public mind might be prepared for changes
which had become absolutely necessary,
but which were opposed to respectable
prejudices, and to strong local jealousies and in-
terests. This work Mr. Viunias had done, and
was preparing to enter upon the second construc-
tive portion of his task when the resignation of
Earl Ruessix., necessitated his retirement from
office. We can form no better wish for Mr.
HanDY than that he may be able to walk in his
steps. Public opinion is now enlightened, and will
insist that our institutions for the relief of the
poor shall be so administered as to fulfil their
end. We must never again have an opportunity of
reading, as we lately did in the report of a
Poor-law Inspector, that the workhouse infirmary
of a certain union in the centre of metropolitan
wealth and intelligence would be a very fair
hospital if it had only good nursing and a proper
supply of fresh air and medicine. Our sick poor
must be well lodged and well tended, if not for
their sakes, then for our own. One of the prin-
cipal obstacles to the institution of an efficient and
comprehensive system of workhouse hospital reform
has hitherto been the consideration that it could not
be carried into effect without a certain equali-ation
of poor rates ; in other words, that for that ptr.;one
the rich parishes of London must share w a larger
extent than they do at present the hardens of
those which have a numerous poor population and
little local wealth. This proposal, it has been
feared, would find an insuperable obstacle in the
opposition of owners of property at the West-end
and other favoured parts of the metropolis. The
difficulty, however, has probably been exaggerated ;
and if not, when first Mr. Hasrisos Russinx, and
after him Earl Geoevemos, the heirs of the great
Houses of Banroito and WESTMINSTER, are seen
at the heads of deputations, asking the Govern-
ment to lay heavier taxes on their estates for the
benefit of the sick poor, it will not be easy for
smaller owners of property to resist a measure
urgently called for in the interests of humanity.

A deputation, consisting of Major Jervis, M.P., Mr.
Belk, M.P., the Mayor and Town Clerk of Harwich, and
the Clerk to the Board of Guardians of Tindring Hundred,
Ease:, had an interview with the Lord President and the
Vice-President of her Majesty's Most Honourable Privy
Council, at the Privy Council-office, yesterday, upon the
subject of the cholera, as relates to North Ease:, and
as regards its existence amongst foreign seamen in Har-
wich harbour.
A deputation from the Board of Guardians of the parish
of St. Mary, Newington, emulating of Dr. William B.
Cortis,Dr.William T. Riff, Mr. J. Poole,Mr. J. A. Emellgrove,
Mr. W. H. Watson, and Mr. Joseph Burgess (clerk), had
an interview with the Right Honourable Gatborne Hardy,
at the office of the Poor-law Board, Whitehall, yesterday.

[GENCE.

THE WAR.
irnoe between Austria, Prussia, and
would have expired yesterday at
been prolonged, the war of Prussia
Muth Germans continues as briskly
peace, of which the prospects are
le according to the news received to-
the result of the present negotia-
- the principal belligerents it seems an
useless sacrifice of life to continue the war
in South Germany. The presence of the Prussians
in the capitals of Bavaria and Wurtemberg is not
necessary to procure for Prussia more favour-
able terms than she could otherwise obtain, and if
she is prolonging the war in this quarter
it can scarcely be from any other motive than that
of being able to say that she has granted peace with
all her enemies at her feet. The conduct of her
commandants towards Frankfort continues to be
the subject of severe comment in the journals of
those parts of Germany which still enjoy the privi-
lege of expressing freely what they think. At
Vienna the peace party seems to have predomi-
nated. With regard to the suspension of the ordi-
nary course of law in Lower Austria, the Journal
des DRAG of to-day contains the following com-
ment :
What has taken place in Vienna to justify such •
measure ? There exists in men's minds groat irritation
produced by the faults of the government. The faithful
subjects of Francis-Joseph cannot understand how a cam-
paign of one month could have brought the empire to
the verge of ruin, and they are indignant at the
idea of being forced to succumb to • humiliating and
disastrous peace. Their patriotism is irritated, and they are
punishedwith the loss of liberty, whilst the journals which
are the exponents of this sentiment are seised and brought
before the courts of law. In this step we see ones adman
the effects of personal government. The Emperor Francis
Joseph sad his ministers plunged the nation in war with-
out consulting it, and now, without consulting it, they
endeavour to get out of the difficulty. In this situation the
country, which has had no part in the responsibility of the
war, tries toseparate itself from the government. This separa-
tion is only too wellproved by the measures which the govern-
meat have just adopted in order to prevent the manifesta-
tion of public opinion. Whatever may happen—whether
the Empire fall to pieces, ortwhether by some unhoped-for
stroke of fortune it come out victorious from the severest
trial to which it has yet been subjected—it seems to be
the resolution of the government to disregard the concur-
rence of the nation, which is set aside, and only to be
taken into partnership in the fate of its masters. After
this we expect to hear no more dithyrambs in honour of
Austrian liberalism.

The indipendance Beige says :
The city of Vienna and Lower Austria have been placed
in estate of siege, constitutional liberty is suspended, and
military tribunals are in action. Theme grave measures
have been adopted, according to the Vienna Gazette,
because of the presence of numerous foreign elements in
the capital and around it. It is difficult to comprehend
what foreign elements the Austrian government eau now
be apprehensive of. It is probably the state of men's minds
and the disposition of the population that are at this
moment engaging the attention of the government.
The Austrian Gazette of Vienna pleads the cause
of conciliation against the other journals of Vienna
which have manifested discontent at the conditions
of the armistice :
Our contemporaries affirm (it says) that the suspen-
sion of arms is only a friendly service rendered to the Prns.
Mans. We reject that interpretation in the most decided
manner. We admit readily that this truce falls con►e-
niently for the Prussians ; that they will devise
how they can reap an advantage from it, and that
they will contrive to do so, although we are
persuaded that it is not at present for the first time that
they have perceived the necessity of siege batteries and
pontoons to attack an entrenched camp and force the
passage of a great river. But our opinion is that this sus-
pension of arms is quite as profitable to Austria. Is there
not an advantage for Austria that at the expiration of the
truce the last detachments of the southern army shall
have reached the Danube, and that at the same time the
army withdrawn from Olmutz shall be, if necemary, avail-
able for participation in the operations ?
It is satisfactory to announce that, by a late
li.legram, received to-day, the preliminaries of
peace have been signed between Prussia and
Bavaria.

2 - THR. EXPRESS, SATURDAY EVENING JULY 28, 1866
•• -
wish to form, trusting to their of;i1 weakness, to tenelance rig the rick, Pro7ided iheY exemile the lwae trim Court.
GOLD CHAINS.—JOHN BROGDEN bess • LAM
i v 1 to cal the °WWII° °I Ntlertgl° tb• "" I the inability of Austria to, help them, and to scrupulous personal care and eleanlineas. There could
VMS which he delivers with Mains it Ida . the Act fee •
menuractorr tat jealousy of French inteofeniste, 2lu renclor them "" greater in o OBBOTalie JULT 17.
To wortmanship of pattern chain, 54 inches long • than a regamable ansitruace of this fag. Nor, again,
To Am) mat gold, weighing CS. dIK. cc, ai practically dependent on Prussia. As to time need any person entertain stet" aust oenta‘eirng the The Queen drove out yesterday afternoon with While the trap
as re, apt per ounce, Mint pries - awe, so long " they live in houses *Lich are likely to Prince Leopold, attended by lady Augusta Stanley. Italy, which w
noon, has been
Total teresting chapter of German history. It is here be free tro® say elsolsraio effluvia, and can avoid water or
Upon this system. the QUALITY WEIGHT, and YAM of Princess Louise and Princem Beatrice drove out also.
she goid are setae* defined, and guarenteed to the purchaser ; that French diplomacy will endeavour to fmd for ether food likely to be infected by poisonous matter. A The Prince and Princess of Wales dined with her Dis- against the Sou
John Bregden looldng for a tab remuneration on the wereeten_... itself an entrance into the affairs of Germany, and house to house visitation ought to be at once commenced ; jest, Yelterday- as ever. If pe
ship only, which Is chaired aieordlod to the hitetelej thaw' here • such somata of water su pl as are irremediably bed should Th Queen, with Princess Lonise,walked in the grounds
city of tile patina—Manufactory, Henrietta-street, Covent- that will be tested the power of Prussia to P Y more favourable
garde,.g foreign closed,and the peer be instructed how to =ewe comp,. the
.ing, and Prince Leopold drove out.
Germany interference.Sir Stafford Northeote left Osborne yesterday, and re- day, is to be ti
retire safety by boiling the water before using it.
turned to London. dons between th