The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-22 00:00:00

SPAIN.

I\I4tDRID, DEC. 15.—The Bank of San Fernando
fo4s advanced to the goverment the necessary funds
r the expenses of the next six months.
The Three per Cents. were done at 43k.

AUSTRAL] A.
b (From our Second Edition of Yesterday.)
.rLYMOUTH TuEsnAy.—The ship Tartar has ar-
,4\ve,d fron, Sy' dney, whence she sailed on the 29th
n ‘llaust: She brings 17,000 ounces of gold. She
PriS n.‘- lit •\,°' for provisions, She spoke the Sobraon from
c(bneeca,.... 't_4lQEar to Liverpool, on the 15th, and the Tamarack
;stair urr,tn Bombay to Glasgow.
1'641 iti The steamer Peninsula, for Vigo, put into Ply
outh on Tuesday, with bilge pipes choked.
to-dg: 13nEssA.—The wheat market was less firm.
and roe; lc,eights rather lower. Shipments active.
shire, Itb Irt'ARIS BOURSE, TIIESDAY.—Funds steady, closing
,nd f„ iLth a rise. Three per cents, 75f. 10c. ; Four-and
Linn: "oaf per cents, 102 f.
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• DUBLIN, WEDNESDAY.
4IIE CARLOW ELECTION CASES.—The order for the
I) 'A-publication of the proceedings in the case of
°*qiikg v. Lawler having been . withdrawn, the
Papers of to-day contain a copious report of them.
br‘ e principal feature in the business as yet has
417e1k the examination of the plaintiff, who swore
°nF,st other things, that he had been offered
v'oo in cash if he would vote for Mr. Sadleir, but
1,;.e, refused to do so. On the day of nomination,
o',,e Was arrested in the court-house, by the direction
Saldeir's agent, for the amount of two
bells of Daniel Crotty, which he had accepted, but
thick were not due at the time. Witness was sent
~°t%aol., and subsequently discharged by an order
wa:7lke Queen's Bench, and was again arrested. It
4," zilso proved that the writs under which he was
C_,.ested were prepared in the office of Messrs.
send been
and Morragli, and that a couple of paupers
sead been put forward as the parties sending in the
eund arrest, in order to screen those gentlemen.
alietis acts were deposed to, intended to show
asat Mr. Sadleir had acted all through the affair
a prominent party, and Richard Crotty, the
executor of Daniel, swore he had now no interest
tothe debt. The case will take a very long time
try, as a large -number of witnesses are still to
examined. Mr. John Sadleir himself was pre-
\''eut in court, and seemed to watch the proceedings
v Ith great anxiety.
vi 411 THE RECENT GALE.—The gale which has blown with such
41'm during the past few days and nights, there is too
From reason to fear has caused many disasters on the coasts.
1,1.°111 various quarters intelligence has reached us of vessels
teillg driven ash Ore by, the severity of the weather, and un.-
h rtunately in many instances destruction of life and pro-
`lit'rtY has been the consequence. A rumor was current that
learn,
had foundered in the channel, but from all we can
it is happily without foundation. Along the eastern
,ohasts several wrecks have taken place. We have heard that
44*(irge ship of 1,000 tons burthen has been driven ashore at
reystones, county Wicklow, and that another large vessel
48 foundered near Skerries. No doubt intelligence will be
receivedl,, of other occurrences of a like unfortunate nature, in
lech results of a similar character will have to be recorded
irr wind somewhat abated yesterday evening, which will
',Ord an opportunity to the shippin off the coast that have
ttlirvived the storm to get safe into hgarbor.
Saunders of this morning gives the following :
tl4- communication which reached town yesterday stated
at twelve o'clock three seamen were still clingy ng to the
i'„gging of the vessel which had fourtdred near the Gormans-
Wn station on Sunday night. No means of communica-
ts°ll*existing between them and the shore, a life boat was at
o,hgee sent down to their assistance per the train which left
Dublin
at one o'clock, p.m.
`he
fleet of vessels have been detained in the river owing to
e violence of the gale, which still rages. No less than six
vess
els of the City of Dublin Steam Packet Company are now
the Port awaiting a moderation or change of direction in
the wind. Upwards of 60 tons of dead fowl now lie upon
t: quays waiting an opportunity for shipment to England
ha terra a portion of John Bull's Christmas cheer. We are
relative
to be enabled to state that the rumor in circulation
444.tive to a missing screw steamer is wholly without foun-
dation
%.tioirrii, DEC. 19.—The New Milford, sloop, of and for
Narvon, which left Dublin on Saturday, and was seen off
fiviwth harbor on Sunday morning, with a signal of distress
AsellZ, was after great exertion b9arded by Mr. Samuel Ste-
ens, and and crew of the coast guard, and brought into Howth
and safely moored yesterday.
the lIIPwaLex.—BALLYCOTTON, DECEMBER 18.—On shore,
Iheehooner Porto Novo, from Terceira to Cork, laden with
4,.134 corn and fruii, having been driven in during the gale
p,m. the south-east which sprung up so suddenly about nine
the
con yesterday. The crew were saved by the exertions of
latt
jerr °ast-guard, and pilot John Reardon and his crew.; these
tlie hardy fellows narrowly escaped being . sacrificed to
grohumanity and daring. The vessel having taken the
)l and at about half-ebb, in the midst of the breakers, and
ot
i)aore than three hundred yards off the shore, the pilot and
tat Brew—having embarked the crew of the schooner, nine in
er, in the pilot-boat—volunteered to remain on board in
tid ge of her, in the hope of being able, at the rising of the
1)06° sa.ve the cargo by running her high on sere. Tha
f r, ho
Qlows, seven in number, spent the awful night in a
hatet Position. They were soon driven to the rigging for
Y' as the RA swept her deeb clear i and as she had taken

`s f*_.

the ground, it seemed miraculous how the masts, to which
they clung for life, did not give way—and thus they remained
from ten last night to half-past four o'clock this morning, the
vessel threatening to go to pieces every moment, and wholly
cut off from possibility of relief. At the rising of the tide,
she was thrown helplessly further and further in, till at
length she reached where she now lies very high on the
strand ; but little will remain to provide adequate compen-
tion for those who acted so nobly, and endured such peril
during that dreadful night. Sub-constable John Ryan, at
the risk of his own saved the life of a boy of the Portuguese
crew, who fell overboard from the boat which landed them.
The sub-constable nobly dashed into the breakers, and had
the satisfaction of rescuing the poor youth after sinkinc,
several times. This in itself ought to suggest an answer to
those who talk of removing the police from such a locality
as. Ballycotton. The plot's crew were only saved by the
efforts of the coast guard, who, by holding each other, formed
a chain from the shore to the ship, and rescued them one by
one. Her cargo is all destroyed. Her upper works, masts,
and riggings are as yet sound, and may' be of some value.
Her hull is a total wreck, and will probably go to pieces
with this evening's tide, which at its height, with this wind,
sweeps clear over the strand into the bog.—Cork Constitu-
tion

the case of King v. King, the jury were yester-
day evening discharged without a verdict.

The out-door relief in Barton-on-Irwell last week was 299
cases, and '599 individuals ; the cost, £36 3s. Bd. in money
and kind. The deaths in the union were 79, the births 68.
The lord mayor will not issue any general order on the
subject of the general holiday on the 26th.
The Locust, Lieut. Day, has been awarded £750 salvage
for the Rosalie.
Last night, a man was run over, and seriously injured, in
Shaw's-brow.
FIRE LAST NIGHT.—A fire occurred last night in a
baker's premises in Circus-street, which, however, was ex-
tinguished without doing any extensive injury.
In the case of • St. Mary's vicarage, Shrewsbury, the
judgment will be delivered on Friday next. The object of
the relators is to confine the incambency to the sons of the

burgesses of Shrewsbury.
A young lad, named Amos Harrington, was committed
to gaol at Birmingham, this week, for stealing £3O worth of
gold wire from his master. He gambled the proceeds, and
was without coat when taken.
On Sunday night last, at Birmingham, a ',young man
named Hackett, apprenticed to Mr. Woodhouse, Birming-
ham, hearing a noise in his master's warehouse, as he passed,
entered, and with another party, succeeded in capturing
three burglars. One of them he knocked on the head with

a poker.
CATHOLIC SYNOD. —The Roman catholic clergy of the
diocese of Liverpool, held a synod in the Roman catholic
chapel, Copperas-hill, on Tuesday. Bishops Brown and
and Goss presided. The proceedings were strictly private.
CAB ACCIDENT.—Last evening, a man whilst crossing at
the bottom of Lord-street, was knocked down by a cab-
horse. Luckily, he contrived to avoid the wheels, and

escaped without any very serious injury.
WHOLESALE DEALING.—A man named Alfred Middleton
has been committed at Wolverhampton on a charge of hav-
ing forged two bills of exchange, each for £5O. He is also
charged with a forgery in London, and three in Manchester,
and has been before convicted.
BARTON-ON-INWELL BOARD.—SANITARY.—At the last
meeting, of the board of guardians of this union, a me-
morial, respecting the sanitary condition of Hartford and
Trafford, was nresented, and steps taken to induce the lord
of the soil to effect the drainage of those districts.
Last evening a fine male child was found on the steps of
the George Hotel, Dale-street. It was delivered over to a
police dicer, who conveyed it to the workhouse.
BE-OPENING OF ST. GEORGE'S BAZAAR.—Yesterday this
bazaar, which was recently destroyed by fire, was re-opened
to the public. A sum nearly sufficient to cover the actual
losses of the tenants has been raised ; and the exertions of
the proprietor to have the bazaar re-opened, will cause the
Christmas of many of the tenants to be merrier than they
could have otherwise expected.
A LUNATIC BURNED TO DEATH.—On Tuesday, Mr. Payne
held an inquest on the body of Michal Chapman, an
unmarried female patient of Bethlehem-hospital, aged 47,
who had been burned to death on the Sunday morning
previous. The deceased had been in the hospital three
weeks, and was of a very moody disposition.
LEEDS CHAMBER or OommEucE.— A meeting cf gentle-
men connected with the woollen trade was held at the Leeds
Court-house, on Monday, to consider some proposed change
in the classification of woollen manufactures in the accounts
of trade, now under consideration by the board of trade. A
schedule of the proposed changes was laid before the meet-
ing, and after some conversation a committee was appointed
to consider them, with instructions to report their opinions
to the chamber of commerce.
WINDSOR CASTLE.-After remaining in an unfinished
state for several months, the castle wall next Thames-street,
is again the scene of operations, several masons being busily
employed on it, buc what shape is will ultimately assume—
whether a plain wall or magnificent terrace—is at as yet un-
known to the public.—Bucks Advertiser.
ENFIELD.—THE CONSERVATIVE LAND SOCIETY.—Last
evening a meeting of the inhabitants of Enfield was held in
the Assembly-rooms of the King's Head Tavern, to hear
an explanation of the principles and plan of this society,
and of the scheme of allotment of the Enfield estate, to be
allotted on the 4th of January next. Mr. Morgan, the sur-
veyor, stated that, if proper application were made to the
Eastern Counties railway company, every person building a
house of the value of £5O per annum would have a free pass
on the line for the period of 21 years.
The Gazette of Tuesday contains two orders of the Queen
in Council, for the purpose of carrying out the copyright
convention with the Free Hanseatic City of Hamburg, pub-
lished in the previous Gazette. The first establishes an in-
ternational copyright. The second order fixes the import
duties of Hamburg publications uat the following rates
namely, for works originally produced within the United
Kingdom, and re-published 'within the state of Hamburg,
10s. per cwt. ; works not originally produced iu the
United Kingdom, 15s. per cwt. ; prints or drawings, co-
loured or plain, single, each; bound or sewed, lid. per

dozen.
APPRENTICESHIP.-A question of apprenticeship was de-
cided at Wolverhampton a few days since. A young lad
was bound to a loekmaker, who died, and his wife continued
to carry on the business. She was not executrix, however,
and as the executors did not carry on the trade, they
assigned the apprentice to the widow; with the latter he
refused to stay, and the magistrates held he was not bound.
A BRUTE OF A llnswasm.—Yesterday, at the Salford
Town-hall, a fellow named Edward Moran, was charged
with having, about one o'clock the same morning, in his
house in Emmerson-street, assaulted his wife. It appeared
that the brute returned home drunk on Tuesday night; that
he afterwards struck his wife, knocked her down, kicked her,
and jumped. upon her with both feet. To be imprisoned,
and kept at hard labour for three calendar months.

ALLEGED DARING ROBBERY IN CLARENDON-STREET.

We stated yesterday that the police had received information
of an alleged daring robbery at Mr. Blackburn's beer-house,
in Clarendon-street, Manchester, and added that the case
was enveloped in considerable mystery. That mystery has
now been cleared up, for upon a further search of the house
two of the officers of the D division found concealed amongst
a quantity of saw-dust in the beer-cellar a purse containing
the missing £25. Sarah Whittaker, (aged 22) sister of
Mrs. Blackburn, the landlady, and who acted as servant in
the house, then admitted that the story she had made about
two men entering the house and tying her with a rope to a
table was altogether a fabrication, and that she herself broke
open the box and took the money therefrom. She appears
to have been an unfortunate girl at Liverpool, and admits
that she has been so again in Manchester. These facts
were elicited at the city police-court yesterday, when, in
order that further inquiries might he made about her, the
girl was remanded to Saturday.
THE WESLEYAN PROVIDENT ASSURANCE SOCIETY.—Last
night, a deputation, consisting of Mr. Hughes and Mr.
Lewis, attended at a meeting convened at the Royal Assem-
bly Rooms, Great George-street, for the purpose of explain-
ing the objects and principles of this association to the
Liverpool branch, and the public in general. There was
but a very small attendance. The chair was filled by the
Rev. F. A. West, Wesleyan minister, who briefly pointed
out the objects of the meeting ; after which the deputation
gave a history of the rise and progress of the society, and
explained the advantages this society had over many others,
it being, as they stated' based upon data which might be
relied upon, to insure its stability, and urgently recommended
it to the attention of the public.
IMPROVEMENT IN STEAM NAVIGATION. —Considerable
interest has been excited in Edinburgh by the successful
trial of the steam-vessel lately launched at Granton for the
deep-sea fishing, as demonstrating the practicability of a
new principle of steam propulsion, superseding both the
screw and the paddle, and as likely to effect, in some degree,
a revolution in the art of steam navigation. The vessel is
100 feet long, with engines of 30-horse power. Externally
there is nothing to distinguish it from a sailing-vessel, ex-
cept the presence on each side of the hull of a curved pipe
10 inches In diameter, termed " a nozzle," communicating
with a water-tight iron case inside. In tie bottom of the
vessel are apertures admitting the water into a water-tight
case with a horizontal wheel fixed on a crank-shaft attached
by piston-rods to the engine, and, on the steam being
applied, the water-wheel revolves with velocity, and the
water is discharged by the nozzles on each side of the vessel
These form the only propelling power, ani the invention is
remarkable for its simplicity an'l effect. These nozzles also
are of service in navigating the vessel, which, according to
the angle, of depression or elevation, turrs in any direction,
or stops altogether, even with the engires -working at full
power. Although capacity rather than Breed was studied in
the construction of the vessel, it easily attained 11 knots in
an hour. Economy of fuel, freedom fr)m vibration, light
draught, and a high rate of speed are anong the advantages
of the invention. The vessel is being Jiooner-rigged, and,
when fitted with boats and fishing gear, it will proceed to
the fishing-ground in the Firth of Firth, and, by lowering
the boats and crews, will he able to conduct the fishing
operations with safety and celerity. Messrs. Ruthven, of
Edinburgh, are the inventors, and the vessel is the first of
the fleet of the Deep Sea Fishing Association of Scot-
land.—Globe.

REFORMATION .OF JUVENILE CRIMINALS.

CONFERENCE AT BIRMINGHAM.
BIRMINGHAM, TUESDAY EVENING. —A conference on the

subject of the reformation of j uvenile criminals has been held
at the royal hotel, in this town, to-day.
There was a very large attendance of gentlemen from all
parts of the country at this morning's meeting, the Right
Hon. Sir JOHN PAKINGTON, Bart., M.P., presided; amongst
his supporters we observed the Earl of Shaftesbury, the Earl
of Harrowby, Lord Calthorpe, the Mayor of Birmingham,
Xtr: M. D. Hill, Q.C., Mr. Adderley, M.P., Mr. M. Milnes,
M.P., Mr. Joseph Sturge, the Rev. J. A. James, Capt.
Perry, Capt. Tindal, the Hon. and Rev. W. C. Talbot, the
Archdeacon of Coventry, Mr. Jellinger 'Symons, Mr. Bass,
M.P., Mr. Smith Child, M.P., Sir Francis Scott, Mr. Power
(Recorder of Ipswich), Mr. Scholefield, M.P., Mr. Charles
Sturge, the Hon. and Rev. G. M. Yorke, Mr. Muntz., M.P,
Mr. Spooner, M.P.
The proceedings of the conference were opened by prayer,
after which

WILLIAM MORGAN, Esq., town clerk of Birmingham
(who, with the Rev. S. Turner, acted as secretary to the
conference), read extracts from a large number of letters
received from all parts of the country, expressive of regret
at the inability of the writers to be present. In a letter
from Mr. Joseph Hume, M.P., it was said :—" I would sub-
mit, if I were present, that the first resolution is too limited
in its operation and scow, as it contemplates the wretched
state of the children only, and I would venture to suggest
that reformation is required as much for the interests of the
community at large as for the neglected children, and the
conference of the 20th proximo ought to express by their reso-
lutions that the best interests of our country, as well as of
the cause of humanity, require the interference of the legisla-
ture to arrest, if possible, the progress of ignorance and
crime."

SIR JOHN PAKINOTON, in formally opening the proceed-
ings of the conference, passed in review the action of the
friends of the cause since the last conference, and concluded
by expressing a hope that the government of England would
no longer be found to be sluggish—that the awakened public
feeling would urge it on—and that this country would no
longer delay following the examples set to us by all Europe
and America. (Applause.)
The TOWN-CLERK read the resolutions-the conference
committee had prepared to submit to the general. meeting.
The Earl of SuArrEssuitY moved .the first resolution,
which declared that the conference adopted the conclusions
of the select committee of the House of Commons, which,
had declared that a large proportion of the present aggre-'
gate of crime might be prevented, and thousands of miser-
able human beings who have before them, under the present
system, nothing but a hopeless career of wickedness and
vice, might be converted into virtuous, honest and indus-
trious citizens, if due care were taken to rescue neglected
and criminal children from the dangers and temptations
incident to their position. He spoke of the • enormous
cost resulting from a persistence in the present system. At
Liverpool alone it was estimated that there was a loss of
£700,000 a-znually by pilfering alone ; whereas one-third of
that sum would go very far to carry out the objects
which this conference had in.trvieis. In carrying out the
reformatory system he strongly impressed upon the confe-
rence the law of kindness. By the adoption of that principle
the most beneficial results ensued ; he had witnessed its
effect instantaneous on the most hardened : even the worst of
criminals melt under the influence of kindness • that was the
great secret of the success of the ragged schools; and in the
establishment of the reformatory institutions he recom-
mended that in all cases there should be a small number at
the commencement, gradually increased, by which means
the whole number might be leavened, so that the success of
the institution might not be endangered. He recommended
the union of voluntary labour with legislative enactments ;
by voluntary efforts alone could those minute, paternal, and
individual exertions and appliances be brought to bear
which were invariably attended with the largest amount of
success. His lordship mentioned an instance or two of
gratitude and thankfulness on the part of youths now in a
distant colony, in whose reformation he had himself had
concern. One young man had sent over a gold nugget,
with a request that the proceeds of it might be appropriated
to the assistance of schools in which he had himself received
instruction.

Major MALE, of the united industrial school at Edin-
burgh, spoke of the warm interest which his fellow-
labourers in that city took in the proceedings of the present
conference.
The first resolution having been unanimously carried,
Mr. ADDERLEY, M.P., moved the second, affirming that
" the conference is of opinion that the country requires legis-
lation for the encouragement of reformatory schools for
children convicted of crime or habitual vagrancy, and that
such schools should be founded and supported partially by
local funds and partially by contributions from the state ;"
accompanying it with a few remarks in reference to his bill
before parliament.
The Rev. J. A. JAMES seconded the resolution.
Mr. JOSEPH STUEGE was afraid that in their zeal for
legislative enactment they would b* depressing voluntary
exertions ; for his part, he would rather that legislative
enactment was deferred for a year or two, the government
in the meantime encouraging the efforts to establish these
institutions as much as possible.
The Earl of HARUoWBY concurred to some extent with
Mr. Sturge in the opinion he had expressed. At the same
time legislation was necessary, in order to enable magistrates
to commit to a school instead of a gaol.
Mr. Pownn, Recorder of Ipswich, said that he approved
of Mr. Adderley's bill so far as it went ; but with reference
to it, and especially the narrow limits of the second clause,
he hoped to see it considerably stretched.
Mr. M. MILNES, M.P., thought that Mr. Adderley had
done, well in limiting his bill to a small. surface ; he hoped,
however, that it would gain in expanse and breadth. One'
important question for consideration would be as to the par-
ticular species of crime to which these reformatory institu-
tions should be chiefly opened ; but looking to the pressing
nature of the question, and the immensity of its importance,
it appeared to him that there was no time for delay in the
matter of legislation. He believed there was some anxiety'
abroad on the subject, and an idea was prevalent that punish
ments were to be altogether abandoned ; he begged at once
to state that such was not the fact; in some cases corporal
punishment would still be inflicted.
Mr. M. D. HILL, Q.C., protested against any such perni-
cious fallacy as Mr. Milnes had just broached; they were
there because they were in advance of public opinion, and
for his own part he would never lend himself, however
humble he might be, to the continuance of a system simply
to satisfy public opinion ; he denied that young !criminals
were to be reformed by persistence in such punishments as
Mr. Milnes had referred to, and whatever public opinion
might say, he would never cease to inveigh against it so long
as he beheved it to be erroneous.
Mr. MILNES explained that his meaning simply was that
a child should be subjected to the punishment suitable to a
child.

Mr. JELLINGER SYMONDS agreed that some moderate
chastisement, suitable to juveniles, would be found necessary.
There was a considerable, but somewhat desultory, dis-
cussion, in reference to the point .as to the particular cha-
racter of the punishments to be inflicted in the reformatory
institutions ; some gentlemen were opposed to any. punish-
ment whatever, whilst others were for a moderate degree of
punishment, and the reception of the criminals at first into
a species of Juvenile House of Correction. There was some
diversity of opinion in reference to this matter of detail, and
also with reference to the age at which youths should be
considered as still not too old for reception amongst juvenile
criminals. Sixteen was the age named, but
Lord HARnownv said he would not pledge himself to be
bound by any decision of this conference in the matter of
never committing criminals to gaol who were sixteen years
of age.
Ultimately, one or two verbal amendments having been
moved, the resolutions were put seriatim, and carried.
Mr. Hir,L, Q.C., announced, with reference to the £2OO,
for the best essay, offered by Lady Byron at the last con-
ference, that it had been increased to £3OO, in consideration
of two of the essays sent in being of the highest, ae won as of
equal merit. He further announced that her ladyship
offered to defray all the expenses of a lecturer, if it was
thought by this conference that the employment of such
means would aid the object they had assembled to promote.
Thanks were then voted to her ladyship, and the matter
was referred to the committee.
Late in the afternoon the conference adjourned, after a
vote of thanks had been accorded to Sir John Pakington.
The public mooting.takes place this evening, at the Town
Hall, the Earl of Shaftesbury in the chair.

POTATO RIOTS.—The good and sensible people of Sligo
persist in preventing the exportation of potatoes , and so
violent has been their conduct, that the authorities are, it is
said; about to interpose force to prevent them, from inter-
fering with the operations of supply and demand.
On yesteriay, Miss Dodd, of Robert-street, Moon-street,
Manchester, was knocked down, and run over by a van,
driven by a man named Nicholl, who sat with the owner,
who is named Houghton. Both are committed. There
were, fortunately, no bones broken.
JOHN B. LLOYD ESQ., Mayor, has in compliance with a
requisition numerously signed, called a town's-meeting on
the subject of decimal coinage. His Worship has also
issued a notice requesting that Monday may be kept as a
holiday throughout the borough.
Richard Harington, D.D., late Principal of Brasenose,
was the third son of the eighth baronet of that name,
and was born .April the 26th, 1800. He had, therefore,
not completed his 54th year. His loss is deeply and
sincerely deplored both in the University and in the city of
Oxford.

THE COUNTY OP MIDDLESEX.-It is shown by a return
just published that the acreage of the various parishes
in Middlesex comprises 100,127 acres, 2 roods, and 16
perches. The poor-rate at Lady-day last year amounted to
£364 650 14s.
hd.

PERUVIAN DEBT. —Facts have transpired in relation to the
debt of Peru arid to the financial Mal-administration of that
state, that ought to be received as an additional warning to the
British public to eschew participation in foreign loans., In 1851
the domestic debt of Peru amounted to only about 5,260,000
dollars, It appears that during the last two years, unkriown to
the bulk of the English bondholders, a systein has been pursued,
by the Peruvian government by which this debt has been raised
to the large sum of 23,000,000 dole.

THE NORTHERN DAILY TIMES.