The Express.
London, England, 1867-07-30 00:00:00

LORD HENRY TEPEES, M.P., ON THE
TORY LEADERS.

Lord Henry Thynne, M.P. for South Wilts,
occupied the chair at the dinner of the Chippenham
Agricultural Association last week. In responding to the
toast of his health, he said—l came before you on the
last occasion thinking I was supporting those in whom
you and I could place implicit reliance, but what
have we found! Faith broken. the trust which we
had reposed in our leaders betrayed, and those prin-
ciples which they advocated not this year and the
year before, but for the last ten sr fifteen years—at
all events, ever since I have been in parliament—thrown
to the winds ; and I and those who have supported that
party have been asked to throw over our principles in the
same way as they have thrown us over. (Cheers.) Last
year I took what I believed to be a straightforward course
with reference to the Reform Bill which was then intro-
duced, not because I objected to reform, but because I
considered that the bill introduced by the late government
was wrongly constituted. That bill, by Lord Derby's and
Mr. Disraeli's advice, we threw out ; and now this year we
are asked by the very men who asked us to throw out the
hill to support a franchise still lower, and with what I con-
sider a very unfair redistribution of teats. Nor is this all.
Ido not hesitate to say that every pledge which Lord
Derby made at the meeting when he called us together in
Downing-street has been broken. (Hear, hear.) I agree
with every word which was said by General Peel and
Lord Cranborne on the subject. I believe that the only
principle which has influenced the government in this mat-
ter has been that of place and pay and patronage, and the
result will be, as the electors of this country will find, to
throw the representations into the towns and to annihilate
the counties. Ido not wish to go further into the subject,
but as member for South Wilts I wish to say that my prin-
ciples are the same as they were last year ; and that,
although her Majesty's government have broken faith with
you, I remain the same as I always was. In a second
speech his lordship said :—He had had to sit from the first
week in February until now seeing the party which he
used to worship degraded lower and lower, and they
must therefore make some excuse for him if he
felt strongly when that particular topic was touched
upon. If there was one thing more than another
which had arronsed his indignation, it was the reply
which Mr. Disraeli gave Lord Cranborne, when Lord
Cranborne taxed him with inconsistency of conduct,
and compared his present course with that which he had
professed last year. What was Mr. Disraeli's reply! He
said—when I opposed the franchise of last year, I then
meditated a franchise similar to that which the govern-
ment has now brought forward. " You, no doubt," said
Lord Henry, " have most of you been used to auctions, and
when you attend them you like them to go off quickly ;
but the auction to which we have been subjected has
been going on for more than twelvemonths, during which
we have been sold, not once, but over and ever again,
until it is impossible to know what will be the ultimate
result. And we are now told by Mr. Disraeli that he has
been fighting simply to come in himself and bring in this
bill. I say, if the lowering of the franchise was necessary, it
would have been morecreditable in the conservative partyto
have accepted the bill from the other side than to have
come down to the pitch to which we have been brought,
and that merely for the sake of office. It haslowered
and degraded not only those who have assisted to carry
the measure, but those also who have left the party, be-
cause it has made them feel what idiots they have been to
be bought and sold over and over spin in such a manner.
It is this which makes me feel so strongly and speak so
strongly on the subject."

On the civil service estimates (National Gallery)
Mr. Bentinck proposes to call attention to " the injury
lately done to pictures in the National Gallery by injudi-
cious cleaning ;" and to ask the Secretary to the Treasury
whether her Majesty's government will direct a full inquiry
into the matter.

According to reports mentioned in the City
article of the Tine:, there are active combinations among
a class of disreputable speculators, similar to those which
last year attacked the banks, to promote the tendency to
panic among holders of railway stocks. It is believed that
not only are anonymous letters circulated for this purpose,
but that funds are supplied to foment litigation and to
keep up a constant distribution of discouraging pamphlets.
The extent of land under potato cultivation in
Franca is 2,040,364 acres ; in Austria it is 1,308,148 acres ;
in Ireland, 1,050,419 acres ; in Bavaria, 649,735 acre' ; is
Great Britain. 498,843 acres ; in Belgium, 369,850 acres ;
in Sweden, 334,000 acres ; in Holland, 265,987 acres ; in
Wurtemburg, 167,943 acres; and in Denmark proper,
69,176 acres.
THE CENTRAL HALL OF ARTS ♦ND SCIENCES.—
On Thursday Mr. Labouchere will ask the Vice-President
of the Committee of Council on Education whether he is
aware that the charter of incorporation recently granted to
the Central Hall of Arts and Sciences was promulgated
without consultation with the subscribers, that much
dissatisfaction is felt with respect to certain of its pro-
visions, such as the appointment of an executive com-
mittee, and the power given to the provisional committee
to withhold all act:canto until one year after the comple-
tion of the hall ; that under the powers given to the
executive committee • contract his been entered into of a
nature deemed by many subscribers to be improvident.
and such as may fail to justify the hopes held out in the
statement on the faith of which subecriptions were soli-
cited ; n►mely, that subscribers would obtain for their
subscriptions a valuable pecuniary investment; and whether
her Majesty's government are prepared on application
from subscribers to revise the charter, and, if necessary, to
issue an amended one, affording to subscribers the same
powers And the same representation as is usual in joint
stook undertakings.

HOMEY MARKET.-(THIS DAY.)

On o'Oroot.

The stock markets are still very sensitive and
inactive, though somewhat less discouraged than
at the opening. At first they were fiat, the im-
provement which took place in the funds yesterday
being lost, though there appears to be good reason
for anticipating that any anxiety as to a possible
rupture between France and Prussia may be dis-
mimed if reliance is to be placed in official
assurances. The reply of Lord Stanley
to a question in the House of Commons
places the policy of this country upon the
question upon a perfectly intelligible basis. We
have not interposed in any way in the matter, nor
are we likely to do. A reaction in opinion as to
relations between France and Prussia is not im-
probable under these circumstances ; and it would
relieve the markets from a considerable burden
of depression. Railways are nearly all fiat upon
adverse rumours as to some of the approaching
dividends.

The supplies of money continue extremely abun-
dant, with no variation in the inquiry. No change
can therefore be reported in rates, except it be
that they are showing a little more distinct ten-
dency to decline. Transactions are more frequent,
at 1?, per cent. ; and it is stated that business has
been done this morning at 1} per cent. Mean-
while, there is no abatement in the disposition of
the public to place their unemployed capital on
deposit, so that they may retain it at immediate
command.

Consols, after being a point lower, are now
quoted at 931 to 94, being the same for money
as for account, and New and Reduced at 93/ to I.
Bank Stock is quoted at 258 to 260, and Exchequer
Bills (March) are firm at 21s. to 275. prem.
Railway stocks are heavy and in some cases a
decline of I to / has been established. London and
North Western stock is quoted 109 e to 1 ; Great
Western, 401 to 41 ; Midland, 1131 to 1;
shire and Yorkshire, 1251 to 1261; Great Northern,
111 to 112 ; ditto A, 110 to 111; Great
Eastern, 257 to 26/ ; South pastern, 62/ to
63 ; Caledonian, 108 to 109 ; Manchester
and Sheffield, 43 to I ; York and North
Midland, 91 to 91} ; Berwick, 901 to 1001 ; North
British, 28 to I ; London and South Western,
74 to 76 ; Metropolitan, 1181 to 3; London,
Chatham, and Dover, 153 to 161 ; and London,
Brighton, and South Coast, 49/ to 3 ; ditto New,
2/ to 21 prem.
The Five per Cent. Indian Stock is higher, at
111/ to 112.
Tho foreign stock market is a shade firmer ; but
there are no actual variations in the quoted prices,
except in Greek Bonds ; they are now 13 to f.
Spanish Passives, 21 to ; Certificates, 16 to 1.
Italian remain at 481- to 1 ; Mexican, 15/ to ;
Turkish, 1862, 56 to 57.
United States 5-20 Bonds are quoted at 72/ to /.
Erie Railway shares are unaltered, at 48/ to 49,
but Illinois are quoted at 76 to 77.
Anglo-American Telegr►ph, 18 to ; Atlantic
Cable, 3./ to 1 ; Hudson's Bay, 14/ to 3.

The shares of the International Financial So-
ciety are quoted at 21 to ak dia. ; General Credit,
21 to dis. ; Credit Foncier, 51 to / dia. Na-
tional Discount, 61 to 7 prem.
The annexed memorandum, relating to New
Granada Bonds, was yesterday sent to the Stock
Exchange by Messrs. Baring Brothers and Co:

New Granada Debt.—Messrs. Baring Brothers and Co.
have this day received a remittance on amount of New
Granada dividends of 8401. from the Custom-hone of
Carthagena.—July 29, 1867.
. . . . •

- .
The mail from Guayaquil has brought a remit-
tance of 9021. lls. 4d. on account of the dividends
on the Debt of Ecuador.

The exports of specie from New York to Europe
continue without intermission. The steamers
which left that port on Saturday are bringing
300,0001.
The Brighton Railway traffic return shows this
week an increase of 1521. over the corresponding
week of last year.
The dividend on the stock of the Great Southern
and Western of Ireland Railway Company is offi-
cially announced at the rate of 5 per cent. per an-
num, being the same as that declared for the cor.
responding period of last year.
At an extraordinary half-yearly general meeting of
the British Colonial Steam ShipCompany(Limited),
held yesterday, thereport submitted by the directors
was adopted, and a dividend declared of 15s. per
share. A sum of 4111. was carried forward to the
next half-year's account.
It is officially announced that the directors of
the London and County Bank have declared a
dividend of 6 per cent., with a bonua of 5 per cent.,
making together 11 per cent. for the half-year end-
ing the 30th of June last.
A general meeting of shareholders of the Eng-
lish, Scottish, and Australian Chartered Bank was
held yesterday, when the directors report was
adopted without discussion, and the usual divi-
dend, at the rate of 7 per cent. per annum de-
clared. Although the losses sustained have caused
the reserve to be trenched upon to the extent of
10,0001., the chairman, Mr. A. L. Elder, stated
that the bank was never in a sounder position than
now, all the bad debts having been written off.
The half-yearly meeting of the Brighton Rail-
way Company, fixed for the 9th of August, is to
be held on the 30th of that month, instead.
The half-yearly meeting of proprietors of the
Bank of Australasia is convened for the 19th
August.
An extraordinary general meeting of the share-
holders of the London Joint Stock Bank is called
for the 22nd August, to confirm the resolutions
passed on the 2.lth inst.
The London Bank of Mexico and South America
(Limited) have received the sum of 5,4511. Bs. tid.
from the City of Mexico for account of the holders
in this country of their certificates of the English
Convention Debt of 1851.
The preparations for to-morrow's settlement in
the railway market showed a generally scanty
supply of stock. The following shows the terms
on which the carrying over was generally conducted
yesterday :
CONTANGOS.
OP•obig. Closing.
Great Eastern even .. even to 1-10
Great Western kto 1.16 back .. I back to even
Great Northern A even .. to k back
London and Brighton
London and and Do even
London, chat. and Dover 1.32 to 3.33 .. 1.32 to 3-32
Lancashire WO Yorkshire kto I k I
Manch, Sheff., and Lincoln. even to k .. even to I,
Metropolitan
Midland even .. even to k
Dover' -16 to 1.16 back .. 1-16 to 1 1G back
losembourg
United States &le Donde
Grand Trunk of Canada Oa. 6d. to la Od. Oa 6d. to la Od.
Great Western of Canada Oa. 6d. to Os. td... Os. Id. to Os. 9d.

MONDAI' EVINING.

Consols, which closed on Saturday at 34 to
for the Bth of August, opened this morning at
93k, and, after being offered at that price, closed
at 93 15-16 to 94 1-16, or 94, rather " buyers."
For money the last price was 931 to 94. The
official butineas report is as follows :—Three per
Cent. Consols, for money, 933, ;, 4 ; ditto, for
account, 94, ; Three per Cents. Reduced,
933, ig ; New Three per Cents., 933, 3,3, d ;
Bank Stock, 260, 58 ; ditto, for amount, 260 ;1
India Five per Cent. Stock, 1113 ; ditto Four
per Cent., 993 ; ditto Four per Cent. " enfaced"
rupee paper, 86 ; ditto Five-and-a-Half per Cent.,
1081 ; ditto Five per Cent. Debentures, 1051 ;
ditto Bonds, 705., 625. prem.
Bank of England stock was firm at 258 to 260.
Foreign stocks were fiat, and though a recovery
took place in the afternoon, in sympathy with that
in Consols, prices in several cases left off lower than
on Saturday. There was a fall of several per cent.

$

in Danubian Bonds. Spanish Three per Centa. de-
clined 1 per cent. Turkish of 1868 and the Rus-
sian Orel-Vitebsk Railwa Loan,l ; and Greek
Bonds, *. In New Grenada all" Bonds there
was a recovery of * per cent. Italian of 1861, attic
being marked as low as 471,cloeed 1 better thania
Saturday.
Bank shares were quiet at previous quotation,.
There were some inquiries for Alliance.
were marked per and 4 prem., and Provincial
did.

The shares of the financial companies reread
flat, but Credit Foncier came into demand this
afternoon, and rose ss. Prices dosed as follows Ll—
international Financial, 24 to dia., ex div. •%-
neva Credit, 21 to 2i din. ; London Financial, 25
to 23 die. ; and Credit Fonder 51 to du. '
Hudson's Bay shares were last quoted 14c!ana4
showing decline. National Discount were
lower, at 64 to 7 prem. The shares of the
Company, as well as City Discount, were inquired
for, but miscellaneous shares generally were flat,
and lower prices were quoted for English and
Scottish Marine, Indian Carrying, London and
County Land, and Madras Irrigation.
Atlantic Cable shares experienced little variation.
Anglo-American left off at 18 to 1 ; Atlantic
Telegraph Eight per Cent. Preference at 34 to 1 •
and Telegraph Construction at 21 to 24 die., berg
flat.

United States 5-20 Bonds declined I per cent.,
and the securities of the Atlantic and Greht
Western Railway to 1, while Erie Railway
shares unproved Prices closed as follows
5-20 Bonds, 1862, 721 to ; Erie Railway shares,
48 to 49 ; Illinois Central, 76 to 77, ex div. ; At-
lantic and Great Western Railway Debentures,
27 to 29 ; and Consolidated Mortgage Bonds, 22
to 23.