The Express.
London, England, 1861-02-01 00:00:00

LONDON, FRIDAY EVENING, FEBRUARY 1, 1861.

SPORTING.

TATTERSALL'S--TauseDer.
The re= wee thinly attended Ana the betting was of the
newt elope character.

THE LIVERPOOL STEEPLECHRHL—Anatia was supported
at 13 to 1, and Cockatoo at 14 to 1 to some money. The
Emperor, Freshman, and Goldsmith were tacked at 16 to 1
each, the that named twin in great demand, 25 to 1 were
betted against Old Bea Roe, and 40 to 1 to • " score"
against, Irish Emigrant.
THE CHEWIER CUP. —Speculation in this event was almost
at • steed still, backers appearing extremely shy. Man at
Areas was strongly fancied at 100 to 6, at which prios he
was backed to win • large sum. Chive Ands was not named.
25 I. 1 was booked about Horace, and the like odds spirt
The Lawyer. Wallace wu well supported at H to 1, 40 to
Teri wee laid against The Brewer and Killigrew and 50
to 1 eash against Edmund Kean, and North Lancia;hire.
Tim Two THOLMAND GUINEA& —Kettledrum opened at
,6to 1 (taken), but towards the close 7 to 1 was laid. Dim
pleanteas was supported ate to 1, and Overton and &wary
at 10 to 1 seek.

was in great demand, 5 to 1, his
opening pries, was eogerly Ulm ; his supporters iD
towards the does of SIM roma. Big Bm was i=
after, 15 to 1 was the highest offer. 22 to 1 was taken
about Kettledrum, and 25 to 1 to a large sum about Die.
tator ; • well-known City speculator being accommodated
with 10,000 to 400/. about him. 40 to 1 was betted to •
small amount against Bombudier, and 50 to 1 Preceptive'.
°0 to 1 was taken about all the mares.

CLOSING PRICES.
A....tar •
ETTERPOOL STELPEECHASE.
13 to 1 spa gr. Capers Anatis (t)
14 to 1 Yr. Goodsrham's Cockatoo (t)
16 to 1 Kr. D. Brigp's MlX=petor (arssly)
16 to 1 Mr. J. Mason's Ooidtmit>s (t)
16 to 1 Mr. Symonds's livesliman (t freely)
25 to 1 W. Briscoe. Old Boa Roe (I)
40 to 1 Yr. W. Owsn's Dish Emigrant (t)
THE CHEATER CUP.

!00 to 8 sisiCaPi.Eiitrelr 11;; it Arms (t freely)
25 to 1 Mr. Harpere's Horace (t)
25 to 1 Mr. J. Cockle's The Lawyer (t)
28 to 1 Mr. F. Swindell's Wallaos (t)
40 to 1 Mr. T. Hughes's The Brewer (t)
40 to 1 Mr. Smith's Killigrew (t)
50 to 1 Mr. Tullett's Edmund Kean (t)
50 to 1 Mr. Robinson's North Lancashire (t)
THE TWO THOUSAND GUINEA'S.
7 to 1 sgst Col. Townley 's Kettledrum (t)
8 to 1 Lord Stamford's Diophantes (t)
10 to 1 Mr. Merrifield's Overton (t)
10 to 1 Mr. Merry's Mislay (t)
THE DERBY.
sto 1 apt Mr. Merry's Dundee (t freely)
13 to 1 Mr. F. Swisdell's Big Gen (off)
2to 1 Cd. Towels 's Kettledrum (t)
25 to 1 Mr. H. W. 'a Dictator (t freely)
40 to 1 Mr. Disney's Bomtadier (t)
50 to 1 Mr. Oretwicke's Preeeptress (t)
20 to 1 all the muss.

MANCHSSTER AND INDIA.

(mom ous con( !worms)

MANCHESTER, Jam 31.
Yesterday, an important conference was held at
the Manchester Chamber of Commerce, for the purpose of
considering generally the condition of India in her relations
with this country. The conference was convened in conse-
quence of a resolution passed at the annual meeting of the
Manchester Chamber of Commerce, which was held on the
21st of January, in pursuance of which members of other
Chambers of Commerce, end parties interested in Indian
lade, were invited to meet, "for the purpose of taking
into comideration the best means of bringing under the
notion of her Majesty's government and the House of Com-
mons such resolutions as might be adopted."
Amongst those present were --Mr. E. POTTOL, President
of the Manchester Chamber of Commerce, and the chairman
of the meeting; Mr. Chatham, Mr. H. Ashworth, Mr.
H.. 1. Leppoe, Mr. Baxley, M.P. • Mr. W. Collender, Mr
R. Mrapbell, Mr. Murray Gladsone, the Hon. Algernon
Egerton, Mr. Pander, Mr. Slagg, Mr. A. Rizusaird, M.P. ;
Mr. Massey, X.P. ; Mr. Turner, M.P. ; Mr. Malcolm Roes,
Mr. W. Oibb, Mr. S. Sterne, Mr. Dunlop, President of the
Hirgew Camber of Commerce ; Mr. Kinky, who repre-
sented the indigo planters,

Mr.MOBIAT GLADATONE moved the first resolution se
follows —"That in the opinion of this conference the
lissitoiel position of India is such ma to excio psi pn-

dapsaituriover reveasitiel ilk sup riot "
width
repro.
doctive works tbreuglissii the esmity, upon width lnrge
sums have already best szpiatled. as 1111110411011 d in a
minute issued by the supreme government at Calcutta, on
the 19th November last ; and this conference is further of
opinion, that clear and simple statements of the amounts
of the revenue and expenditure of India should
be published annually, or more frequently if pos-
sible, showing distinctly the manner in which the revenue
is received and disposed of, distinguishing the receipts and
' on the railways, and on all other public

Idr.nunop said that the resolution spoke so much for
itself that it scarcely required any support from him. That
the financial position was such as to excite great uneasiness
was too clear to be denied, and that public works should be
promoted was undoubtedly most desirable and necessary. Rail-
ways, common roads, work sof and improvement of
harbours, was what India required. He was not aware that the
works were altogether suspended, and believed that they
were only partially so. He agreed with the last speaker
that India was the only country to which they could look
for an immediate supply of cotton. This was a national
question, and was second only to the supply of food for the
I people. High prices might be sufficient to stimulate Euro-
peans, bet they had to deal with Asiatics, and the govern-
ment ought at once to instruct the government collectors to
encourage the people in every way. He hoped that by this
means they would be able to some extent to make up for
the deficiency of the exports from America. (Hear.)
Mr. Citerrius moved an addition to the resolution to the
effect that the military expenditure should be cut down.
Mr. Foetal, of the Bradford Chamber of Commerce,
seconded the amendment, and observed that the stoppage
of the public works was almost a breach of faith with those
who had lent their mosey to carry them on. Why were
Biomes the great outlay as the army
tikrinditirel could not be carried on.
Mr. W. R. WOOD supported the original resolution.
Hr. PINDER thought it would be altogether • wrong
policy if India was to be kept up as • nursery for military
mutineers. He should support the amendment because It
was practical.
ME. KINNARD, H.P., said that he thought they were
met to discuss the value of India as a cotton growing coon.
try in the present crisis of American affairs ; but it appeared
to him that they were entering on • discuasioe of the mil-
tery estimates of India, without sufficient information on
the subject. (Hear.)
Mr. CAMPBELL believed that the great military force in
India wee the chief muse of the evils of the country, and
he did not expect any prosperity as long as they maintained
an enormous native force and a European army for the pur-
pose of keeping the native army to their duty. (Hear.)
Mr. Roes supported the original motion.
Mr. MURRAY GLADSTONE said that he could not accept
the amendment, because they came there as men of busi-
ness to discuss practical questions, and not politics.
Mr. CHIPMAN said he should withdraw his amendment,
and introduce it in another form.
. . . . .

The amendment was then withdrawn, and the original
motion carried unanimously.
Mr. CHEETHAII then proposed the following resolution:
" That, in the opinion of this conference, the enormous coat
of the Indian army is one of the chief climes of the excess
of expenditure over revenue, and of the consequent financial
distress, resulting in incresee of debt, over-taxation, and
stoppage of public works ; end that this conference would
most earnestly support her Majesty's government in the
determination they have expressed to reduce the number,
and therefore the cost, of the Indian army, especially the
native army and armed police." They had still 300,000
native troops in India and 80,000 Eurvesin troop", and if
India could- not be maintained without such • torus, the
sooner it was given up the better. (Hear.)
Mr. FOSTER seconded the motion, and said it was because
he wished to retain their hold of India that hedesired to see
• reduction of the military expenditure. He believed the
government would be glad to see their progress towards
retrenchment strengthened by a resolution ' e this. (Hear.)
Mr. J. Pm. was of opinion they acted unwise) yin not
takingthe Indian widow for better or for worse, withal! her
debts and responsibilities, but fine property. (Laughter.)
If they had bone that when they succeeded to the East
India Company the House of Commons and the country
generally would la.k• more interest in the affairs of that
country, and would not allow her revenues to be squan-
dered. (Hear.)
Mr. iILABSEY, M.P., said he could not support the origi-
nal amendment, because it committed them to • rash
opinion on a matter with regard to which their information
was avowedly imperfect. (Hear, hear.) But it was diffe-
rent with regard to the resolution now before the con-
ference ; for whilst it would not alarm the people of India
with the idea that military protection was about to be
withdrawn from them, it would encourage the government
to proofed in the career of retrenchment. (Hear.)
The motion wee then put and carried, three hands having
been raised in opposition to its passing.
Mr. Duaboe moved the next reeolution, as follows :
" That, in the opinion of this conference, unless means are
otherwise available, • lean should be raised, to be specially
and exclusively applied to the resumption and completion of
reproductive works in India, under the control of • Board
of Works, to be appointed for each of the three Presiden-
cies respectively, it being their firm conviction that MRS
such course is necessary to develop the vast resources of
the empire ; and it is further the opinion of this conf
that the revenue to be expected from judiciously con=
reproductive works in India will suffice to pay the interest
upon expenditure within a brief apace of time, and me, be
so dealt with as to liquidate the whole outlay in the come
of a limited number of years."
Dr. Bran seconded the resolution, and said that the
natives of India required to be stimulated by European
energy and capital.
Mr. Amiworrii believed that if the natives got • more
secure land tenure, it would stimulate their exertions very
considerably. Sir C. Trevelyan stated that if they bad •
secure land tenure, five or six regiments might be dispensed
with in Madras alone. (Hear.)
Mr. TURERR, M.P., said that a loan had been suggested
if other means were not available. He believed that other
means were available. The British government were in pos-
session of an immense estate in India, end one of the peat
objects for which that property was transferred to them
wee that they might administer it as good landlords, reliev.
ing the tenantry from the oppression of former owners,
making them contented and happy, whilst at the same time
they derived an advantage themselves from the capital they
laid out. If net:emery, there was se reason why they should
not sell a small portion of that estate, like other landlords,
in order to improve the remainder. (Hear, hear.) The late
Minister of India, Lord Stanley, sent nut a minute autho-
rising the government to make sales of land in fee. That
ought to raise money 'efficient to develop the resources of
the country. (Hear.) He believed no notice was taken of
that by the Indian government. He diil not know whether
Sir C. Wood required compliance with the order of his
medectesor, though he had his own opinion on the subject;
but at all events that appeared to him to be one of the
means available for improving an immense estate which had
hitherto been totally neglected. (Hear, hear.)
Mr. BLEAT, M.P., said he feared the observation of his
hon. colleague might lead to • misconception, because the
minute which Lord Stanley sent out had reference to the
waste lands of India only. He did not propose that the land
tenure of India should be altered, and he (Mr. Barley)
thought that a much more extensive measure was required
than we by which mere jungle and waste land maid be re-
claimed sea appropriated. (Hear.) His own opinion waa
that the Indian mutiny and the other evils el that country
originated in bad government and the want of •
proper administration of justice. MAE they removed
these obstacles to the improvement of India,
and introduced a good system of conveys's.)e by which the
products of India could be brought easily and cheaply to
the seaboard, they need not look for any important Mut-
, tion in the expenditure of that country, or hope that India
would be as preamble to herself and to England as the
, ought to be. (Ham, hear.) The public works of India
might be made to ooestitute • fund of wealth to the coon-
[ try into which capital would be poured as into the stocks
at home. (Hear, hear.)
[ The resolution was then put and carried nnanimously.
Mr. Suers, chairman of the Sheffield Chamber of Corn-
; . merce, moved—" That this conference is of opinion that
i the high customs duties recently imposed iu India are
greatly to be deprecated, inasmuch ea they check the ex-