The Northern Daily Times.
Liverpool, Merseyside, England, 1856-10-07 00:00:00

81, CHURCH STREET.

(4e Rarthern (Theo

TUESDAY, OCTOBER 7, 1856,

THE DAY'S NEWS,

Profound is the lull in politics not an
occurence of the day worth a paragraph. The

journals go off into all sorts of extraneous matter,
by way of eking out their daily editorials. The
idlers and office bearers, and legislatures, are
rusticating or yachting, or scattered over the face
of Europe. The working classes are busy. The
harvest is all but superb, and fault finders are in

r.
desspita. J. iS. Pakington, a member of the late Derby
Administration, has been lecturing the Worcester-
shire farmers on the subject of agriculture. In
our news columns will be found a report of the
annual dinner of the Worcestershire Agricultural
Society., Sir J. S: Pakington took occasion to have
a fling at the admission of grain into the Kingdom
at a mere nominal duty, and declared to those
assembled, that he believed sincerely, that the dis-
coveries of gold in California and Australia were
a merciful interposition of Providence, to prevent
the injuries which this Free Trade measure would
otherwise have entailed on this country.
From our Continental advices we learn that the
last note from England to Russia on the Isle of
Serpents, in response to the communication from
Prince Gortschakoff,
is sharp, short, and decisive.
It says, amongst other things :—England, doubt-
less, has not the right to speak in the name of all
the signatures of the Treaty of Paris, nor does
England demand that right—but as one of the
belligerent Powers, it has more than others the
right and the duty to watch that the conditions of
the Treaty of Peace should not become illusory in
their execution.
The attitude of the Western Powers, and the
conduct of the King of Naples in regard to his
mis-government, is still the question of the day.
Another council of Ministers was held at St. Cloud
on Sunday, under the presidency of the Emperor.
The affairs of Italy, and particularly of Naples,
were under deliberation. Recent and trustworthy
accounts describe the condition of Italy at this
moment as most critical, and the greatest fermen-
tation extends from Cape Spartivento to the States
of Tuscany. It is doubtful whether the unhappy
Sovereign, whose cruelty and obstinacy are the
cause of all, will make any concessions worth
speaking of, and we do not learn that the hopes
expressed for the last few days are likely
to be realised. In confirmation of this,
it is hinted that a, second Russian note
has been concocted on the Neapolitan
question. It is said to be addressed to the French
Government, and has been written under the
impression caused by the news from Paris,
announcing the despatch of an ultimatum, and the
intended naval demonstration. It is said that the
note sums up in a positive protest against a pro-
ceeding which, once admitted, will lead to the
destruction of all political and international right
in Europe. A letter from Genoa, dated the 30th
Sept., states that Sardinia claims the right of
joining in the naval demonstration against Naples,
and that the Austrian fleet has already sailed for
that rendezvous. A private communication, pub-
lished in an Austrian print, avers that there has
, been formed in Naples a Committee of Resistance,
who have enrolled the lazzarom by placing them
under regular pay. They wish thus to organise
a means of terrifying the enemies o f the govern-
ment on the appearance of the allied fleets, and
also to threaten scenes such . as occurred in
1848. At the head of this Committee of Resistance
figure the names of 11Iazza, Morbilly, Merenda,
Campagna, and Albano. In contrast to this
it is confidently asserted, by apparently
well.informed correspondents, that on the day of
the fleet arriving at Naples, that in all probability,
unless prevented by public forces, thousands will
go down to the Molo, Santa Lucia, and Villa,
separately and unarmed, in order to manifest their
joy. Were, however, not a single individual to
appear, the feeling would still be universally the
same, that the fleet bringsiption to that
country. It is intended to present an address to
the admirals on their arrival, unless approach is
absolutely cut off; and this address will embody
' the wishes and wants of the Neapolitan people.

It is also stated, that the highest dignitaries of
Naples, the Princes Satriano, Ischetella, and others,
have for some time united their voices to that of
Prince Petrulla, in the endeavour to bring about
honourable and voluntary concessions, but their
efforts have been useless.

It is reported that the Congress for the settle-
ment of the questions not solved in the first Con-
'gess of Paris will assemble on the 15th. This is
by nu means probable. It is very evident that the
existing relations with Naples cannot continue.
The representations of the Cabinets of St. James
and the Tuileries have not only remained unattended
to, but they have even given rise to a reply
which has astounded diplomacy by its inexcusable
tone. The statements offered by the German and
some French journals, to the effect that certain
concessions will be made by King Ferdinand, and
that the whole Neapolitan question will terminate
in smoke, must not be credited. It redounds to
the credit of the patience displayed by the
Western Cabinets, that a more energetic conduct
had not been displayed, but of this we may be
assured—the satisfaction given by the King of
Naples will be complete ; for not alone is the
eternal cause of justice and humanity at stake, but
also the dignity of England and France—the
dignity of the great alliance.
The Emperor Napoleon has addressed an
autograph letter of eight pages, and full of very
serious advice, to Queen Isabella. After praising
many acts of the present cabinet, the Emperor
invites the Queen to abandon the idea of any
forth; r mioistetial modification ; to maintain the
constitutional regime which alone, in his opinion,
is suitable for the Peninsula; to raise the state of
siege as promptly as possible, and to assemble
Without much further delay the Senate and the
Chamber of Deputies. The Emperor insists upon
the necessity of granting the fullest liberty of dis-
cussion to the two chambers, and of avoiding, by all
means, a return to the arbitrary and despotic
regime which distinguished the Saratorius
ministry. The Emperor then enters upon
secondary questions, and into very minute details
upon the administrative reforms required by
Spain. One passage in the letter relates to the
fatal influence which certain members of the clergy
might have, and which it would be dangerous not
to destroy. The letter generally is full of sympathy
for the Queen and for the ministers, especially for
Marshal O'Donnell and M. Rios Rosas. It pro-
duced a profound impression upon the mind of her
Majesty, who, immediately after reading it, sum-
moned Marshal O'Donnell, with whom she
remained in consultation for about three hours.
The letter was then read at a council of ministers.
The Queen of Spain has written to thank the
Emperor for his advice, which she will take into
her best consideration, stating that she appre-
ciates the paternal manner in which his
suggestions are stated. The report of the
special commission which had to propose the
organisation of the Council of State, has been
presented to the Spanish Government. It is
believed that this body will be soon formed, paid
that it will comprise the highest personages of the
different political parties. All the editors of news-
papers who were arrested, have been liberated. It
is affirmed that if the Mexican Government refuses
to fulfil the convention with regard to the pay-
ment of what is due to Spanish subjects, the
Spanish Government is determined to act with the
greatest energy, and to demand the execution of
the convention. In case of refusal, a naval division
will be sent to San Juan de Ulloa, in order to
maintain the demand. The division will consist
of two men-of-war, three frigates, two corvettes,
and four steam frigates.
Letters from Rome announce that a Bull has
been issued by the Pope, in favour of the congre-
gation of the Oratory of St. Philip Neri, in London.
His Holiness wills that no one shall erect a
similar congregation within the space of ten miles
distance from the aforesaid congregation of Lon-
don, now treated of. Many additional books had
been placed on the index
The Journal des Debats, of yesterday, publishes
a letter from Berlin, which states that the mar-
riage of Prince Frederick William of Prussia, with
the Princess Royal of England, will positively take
place on the 18th October, next year—that being
the birth-day of the Prince, whowas born in 1831.

How to avert a monetary crisis has occupied the
attention of the leading financiers of the Continent
for the last few years, and how to meet a panic
should now engross the thoughts of every mer-
chant and trader in this country. All mercantile
men have observed that the money market be-
comes" tight" when the rate of discount reaches
4 per cent., and when it advances to 5 per cent.
that trade becomes contracted, confidence ceases,
and a panic ensues. Time has shown them, also,
that as soon as the rate falls to 3 per cent a drain
of gold sets in, and to correct this imaginary evil,
and to preserve the absurd bullion basis of our
circulation, the discounts must be raised to the
highest point. Now, we believe that very few men
will be found to question the many advantages the
State and the people generally derive from low
rates of interest, and a liberal, but still natural,
enlargement of our note issues ; and hence we are
led to infer that it is no less the interest of the
politician than the merchant to preserve the pros-
perity-working standard of currency—which is,
after all, merely so much credit in the form of legal
tender—accommodation, and public confidence.
Surely the former must see that any monetary
system which gives to a few men sitting in a bank
parlour the power of suddenly prostrating trade,
break down all faith in commerce, and throwing
labour out of employment, is one of the most dan-
gerous political engines that could have been
devised by the ingenuity of man. But since we
have adopted a bullion basis for our
currency, and as we regulate what is called
the " value of money," and depreciate or
advance the prices of all other commodities,
according to the amount of bullion the country
possesses, is it reasonable—is it honest, to limit
the weekly returns of the gold and silver the public
have in reserve to sustain their credit, to the com-
paratively trifling sum of bullion held by one
bank only, namely, the Bank of England ?
Is this the way in which great and patriotic
statesmen should deal with a commercial people,
or hope to sustain the bullion system which
they contend is the only reliable source of
material strength and greatness the empire
possesses ? Why should Private and Joint-stock
Bankers be allowed to hoard up millions of the
public's gold, and make no returns except where
they issue notes? If the drain which has reduced
the reserves of the Bank of England-has reached
them also, the utmost publicity ought to be given
to the fact, particularly where such very question.
able use is made of the one-sided returns we now
obtain. If every banker in Great Britain was
compelled to publish weekly statements of his
bullion reserves, who would venture to say that
the rates of discount ought to be 5 per cent.
because the country is pressed for gold? Making
such a return will scarcely be considered
impossible, even by the London Times. The
writers of that journal may think perpetual motion
—paying off the National Debt, and currency
nostrums, including the establishment of banks,
without capital, quite beyond human reach—but
they will scarcely have the effrontery to assert that
Private and Joint-stock Bankers cannot tell the
country, weekly, what amount of bullion they have
in their vaults. Such a statement is now impera-
tively demanded—first, to show the amount of
precious metal which is drained off in Leasons of
pressure; and, secondly, to ease the public mind,
and keep every man's property—not forgetting our
national stocks—from being ruinously depre-
ciated in value without just cause. I

If we are to have a bullion basis, let us havo its
full measure. Tell us exactly what amount of gold
we have in the realm, before we make a poor mouth

to the world, and lead our enemies to believe that,
while we have the heart and bone for defence, we
are without the sinews of war. Do not leave us
to be juggled into panics, and wronged out of
our substance by alarmists, who have no
proof of the truth of their allegations. Make
every bank in London and in the provinces add
its reserve of gold to that held by the Bank of
England, that we may see the aggregate amount
of metallic treasure the country contains. This
would be the way in which to meet a panic caused
by a temporary drain of bullion. The Private and
Joint-stock Banks of London ought to be able to
show 20,000 0001. of reserves, and those of the
Provinces as much more, or else their deposits
and assets come to nothing, as gold alone is
money, capital, and currency, according to our
self-constituted authorities on these subjects.
Suppose, then, that those institutions could show
amongst them, say only 20,000,0001., in addition to
the amount of gold held by the Bank of England,
who would then pretend to allege that a momentary
drain of two or three millions would justify the
rates of interest being raised, and the circulation
of the Kingdom contracted to its narrowest limits ?
It is very hard for thn multitude, who have not
inastered these obstru3e questions, to see where
the mischief they are called on to submit to
dates from. But we hope to find Liverpool,
before long, alive to the practical anomalies and
glaring evils of our monetary system—we
hope to see the commercial mind aroused
to a full sense of the injustice and
dangers to which the merchant, trader, and
industrial masses are exposed. We are growing
fast in knowledge, and the day will assuredly
arrive when we shall look back upon the shams
and popular imposition of the present hour, as
things almost too monstrous to believe they could
have existed in an advanced stage of civilisation.

It would be useless at this moment to enter into
a discussion as to what would be the best currency
for Great Britain. The Bullionists lead the
public by the nose so completely, that a man runs
the risk of being called insane when he advo-
cates any rational means of relief. We must,
therefore, content ourselves for the moment with
calling on them simply to do that which is
obviously necessary—to show the perfection of
their system, and that which will remove all doubt
as to the truth of the reports they put forward. If
they think it expedient to compel the Bank
of England to publish weekly returns in
order to satisfy the public, how can they
consistently refuse to compel all banks to
give the same information ? Should there be
any objections to this honest and above-board
course, let us hear them. The London Times will
make room for any number of letters from
" MEttcaron,” or any other Bullionist, who can
string his ideas together respectably on the
subject. Our columns are open to all who are
prepared to justify the issuing of weekly returns,
which alone are not worth the paper on which
they are written, when we want to see what the
total reserved bullion wealth of the nation really is.
Those who have no double interest to serve will
never object to giving the whole truth ; and it is
time we were allowed to see for ourselves how both
sides of the public's bullion account stand, before
we are asked to pay for accommodation just what
the Bank of England may be constrained to
demand, as an individual institution labouring
under exceptionable burthens which the directors
have taken upon their shoulders.

LIVERPOOL BANKRUPTCY COURT. YESTE RD AT.-(Before
Mr. Commissioner Perry )—ln re Brindley : This case was
again More the court yesterday, Mr. 'Walker, Mr. Ducker,
and other witnesses were examined, and at five o'clock the
me was again adjourned to this day.
THE CHILIAN ADMIHAL.—IIiS Excellency, Signor Don
Carlos Williames, the Chilian A Imiral, attended at the
opera last night in a private b x, and was accompanied by
the Spanish interpreter, Signor Don Francisco Tomaso, to
whom he expressed great satisfaction at the performance.
VESSEL SUNK.—On Sunday, the Margaret (schooner), of
Liverpool, bound for Plymouth, was ran int') by the S.S.
Vigo, and sunk immediately after it, as per chart No. 20.
The captain and crew of the Margaret were saved. It is
not stated what damage (if any) the steamer has sustained.

WALNUT-STREET WORKING MEN'S INSTITUTION. —A
series of thirteen lectures, in connection with the above
institution, are being delivered on every Monday night, in
the Walnut-street Chapel. The opening lecture was
delivered last Monday night, by. the Rev. C. M. Birrell,
his subject being the instructive one—" How to sharpen
and make use of the mind." Last night the second lecture
of the series was delivered by Mr. W. Thomas, on
"Cicero."
. _

ST. ANNE'S DISPENSARY AND EYE AND EAR INSTI-
TUTION, 9, Rosa HILL.—For the week ending Oct. 4.
—New patients entered on the books last week, viz—Re-
lieved at the institu'ion, 176; relieved at their own
dwellings, 81 ; cases of prevailing epidemic, 0. Total, 257.
Visitors—Mr. E. Watts, and Mr. T. Kirk. Hon. Secretary
and Treasurer—Jopeph Kitchen, Esq.
SUDDEN DEATII.—On Sunday morning, a man named
James Kirlin, a tailor, about thirty-five years of age, died
suddenly at his lodgings, 62, Thomas street. The wife of
deceased states that he was in the habit of drinking heavily
for the last two years, and, on Saturday week last, he was
brought up at the Police-court on a charge of having beaten
her severely, but she did not appear against him. He was
discharged, and since that time he continued drinking. On
Sunday morning he got oat of bed and threw up a large
quantity of blooi, and died soon afterwards. An inquest
will be held on the body this day.

WONDERFUL EFFECTS OF A SEDLITZ POWDER !—John
Huship, the boatswain a large ship, charged a female,
named Mary Brogan, yesterday, before the Police Magis_
trates, with having stolen £9 odd from him. Mr. Bluck
defended the prisoner, who was as big as any four ordinary
sized women to be met with in the streets. The greater
part of the story was elicited on cross-examination, and the
details caused some laughter. The whole affair amounted to
this, that the complainant went, on Sunday morning, to a
drug-shop, where he got a sedlitz powder, and it had such
an exhilirating effect on him that he knew no more about
himself until he lost his money. The prisoner was remanded.
COUNTY COURT, YESTERDAY—(Before Joseph Pollock,
Esq., Judge.)—The following arrangement of business was
made for the ensuing, or first October Court :—Tuesday
(this day), fraud summonses, insolvencies, ; Wednesday,
seventy cases at ten o'clock, and fifty at twelve ; Thursday,
seventy cases at ten, and fifty-two at twelve; Friday 10th,
special case; Monday 13th, jury case; Tuesday 14th,
seventy cases at ten, and fifty at twelve; Wednesday 15th,
seventy cases at ten, and fifty at twelve ; Thursday 16th,
thirty-three cases, involving sums of £lO and upwards •,
Friday 17th, fifty-one cases at ten, and some adjourned
cases. The total number of cases tb be disposed of at this
Court is 666. Only one case was heard yesterday, which
did not possess any public interest.
INHUMAN BEHAVIOUR OF A SURGEON.-In the locality of
Boundry-lane, West Derby, is a small house, on the door of
which is a brass plate, denoting that the occupier is a
surgeon. On Saturday evening a respectable young man
was suddenly called home by a message that his child, an
only daughter, was dying. His first impulse was to go for
the nearest surgeon to see if medical aid would save his
darling child. In the greatest anxiety he went to the
above house about seven o'clock in the evening, where he
found the occupant standing at the door, smoking a short
black pipe, the fumes of which curled about his ample
moustache. The anxious father requested him immediately
to accompany him to his house to see the child, stating that
he believed that she was dying. Without at once ceasing
to inhale the fragrant weed, he, in a peculiar drawl, known
amongst the would-be aristocracy, replied : Who are you,
sir ? where do you work, sir ? who is your employer, sir ?
and can you afford to pay me, sir, if I do come ? The
young man answered : If you will attend, you shall be paid
what you charge. Sir, my charge is half a guinea, and I
shall not attend without I have the money at once—have
you it is your pocket, sir ? The father said : I have not
it in my pocket, as my wife is at market, but when you get
to the house she will ba home, when I will pay you. Oh,
go and get it and bring it to me, and then I will come and
see your child ; but I shall not unless lam paid first. The
anxious parent, finding that nothing but money would
satisfy this roan, and believing then that his child would be
lost to him for ever by the delay, immediately ran to the
next nearest medical gentleman, who—being more humane
—seeing the parent's grief, at once accompanied him home,
and succeeded in saving the life of the child. It may not
be " professional" to visit patients without at first receiving
the fee, but surely in a case of life and death, it is carrying
professional etiquette too far to insist upon having it at
once, when an assurance, seconded by a friend, is given that
it shall be paid on the visit being made.