The Express.
London, England, 1868-05-05 00:00:00

"HE RANK St''Pl.'N.,lON AT PnESTON.

tly after 9to'e!.e yesterday morning the
tollewing notice was posted ou the door of Messrs. Ruskell,
Arrowselith, and Kele],ll's liehergate, Preston :
" Bleses. Milken, Are ovAmit h, and Kendall regret to in-
form their dejersitors an.l ot!:ers that they a:c compelled
to suspend payment. stet.s ore being taken to protect the
interests of all purties.--itli Muy, ltirin," This hank was
first @rind in by Mess. s. I. we, Roskell,Arrowsmith,
and 4 'ompany ; '• 44111p:my" being Mr. Jot.eph
Bud- :n. In the paitrctship was dissolved;
Moons. Lawe nod I fuls.ni establishiug or.e bank,
and Messrs. 1:os'.ell and Arrowsmith another. In
consequence of the death, auccessively, of Ilr. Laws and
Mr. Iludson, their bank suspended LUSlLlei'll in 1 ; but
all pry inents upon it were amply met, and a comilderable
surplus remained for the bettelit of the family. The bank
of Meurs. ltoskell and Ai rov.,inith (for the last few years
°allied on undt r the tirtn of Messrs. Hoskell, Arrowsmith,
and Xeuriall) has neve: done a very extensive business
amongst the commercial classes of Preston. The heads of the
ban I: are ca tholics, and the er tublishment has bean mainly
patronised by mithlle.ch.ss trading merobersof that denomi-
nation. Its stoppage. although productive of serious inconve-
uieece to individuals, is not likely to derange the general
bunnies 4 of tho tows, as did the auspennon of the Preston
Bank, or that of Messrs. Pelder a few years before that
*sent. The bunk which has just suspended payment was
the main depository of the ettbolic charities of Preston.
The cause of the failure in attributed to the firm Laving
made large advances to a cotton manufacturer in the
neighbourhood of Presto,. out of all proportion to either
his resources or those of She bank. Other runiouts any
thet more than one cotton niunufuctnrer has contributed
to the stoppage. Nothing detin.te is known as ts the
liabilities of the bank. Some reports put them down at
80,001/. ; others state a I it-ger sum. The bent has al-
ways been conducted with the greatest respic.ability ; and
although some etute that it bas for the last eighteen
months been in a ru her " state, the general public
have looked upon it with c nsidera'o'e confidence. An
investigation of the affairs of the han'c has co:rmenced.
It is not known what the dividend will be.

/VERLAND MAIL. --OrTWARD MAIL 01, THE
IHT:i AND 24TH or APRIL - r MAN 4.—The Nubia, for
Calcutta, and the Rangoon, for Rtrubay, left SUr7 s cm.
and I a.m. to-day reaNcti‘cly ; clearing off all cargo.
Sol :naafi-roar, MAY 4. --The North German
Lb)yd'slocamerltaltimore to-day for Balt:niore.lirect
-with 72-1 passengers, aad a large cargo of general :nerchan-
diae.

TIM AKSASiINATTON OF Mn. DARCY McGrx.—
Or: %WA, APRIL 22.—The authorities hare found a man
.who soya he saw the shot Bred that killed Darcy McGee.
Me 1,4 not yet seen WhAlen, Lott feels confident that be
can identify him.—Nric Yorl Tribune, April 2;1.
A sreat variety of dnrable and decorative floor
inverter, consisting of lianiptolicon. Coceeenut liattina, Lino-
leum, (lints Matthias, !'tour chat.. at— way be seen an.' their
eoesparaure writs ascertained at 'treloar's Warehouse, 67,
Ladgate-11111.—f Advertiscovnit I

IMPERIAL PARLIAMENT.

IN the Houss of LORE* yesterday, the Earl of
BIALIEKSBURY made a statement u to the course
pursued by the government after the vote in the
House of Commons on Thursday similar to the one
which was made in the House of Commons by Mr.
Disraeli.

Earl GREY protested against the doctrine that
the government were justified in appealing to the
country because the subject on which they were
defeated was not brought forward prominently %t
the last general election.
The LORD CHANCELLOR reminded the house that
the present parliament was elected in 1865, when
the issue presented to the arintry had no refer-
ence to the disestablishment of the Irish church.
The Duke of SOMEThOCT asked whether the go
vernment intended to appeal to the country at
once, or to the new constituencies as soon as the
arrangements were complete.
Thu Duke of Itiensiosn said it would depend
upon the state of affairs whether the appeal would
be to the present or the new constituencies.
The Earl of FEvss 41: appn•ved of the course
taken by the government, aid oof their crucial
policy.
The subject then dropped, and the house ad-
journed shortly before six o'clock.

Is the House of COMMONS, Mr. DP.RAELI stated
the course pursued by the government in conse-
quence of the votes come to by the house on the
subject of the Irish church. He reminded the
house that when Lord Derby took office in 1866
his party was in a considerable minority. The
house having been elected under the auspices of
his political opponents, it was quite open to Lord
Derby, in the spirit of the constitution, to recom-
mend her Majesty to dissolve this parliament ; but
he recollected that it had been but recently elected,
and there were other circumstances that induced
him to hope that he might be able to carry on the
affairs of the country, and he waived his right.
Then, the government might have exercised
the right after the passing of the Reform
Bill, but they were Prevented by the ne-
cessity of passing the supplemental measures
connected with the settlement of the reform quest-
Coo, which it was impossible to pass last year,
but which there was a fair prospect of carrying this
session, when they might have had the advantage
of that appeal to the country which they believed
they had fairly earned. 'rho right hon. gentleman
then referred to the conduct of the administration
both in foreign and home and financial affairs,
which he said had not only not been impugned,
bet had received the generous approval of their
political opponent'', from which he drew the infer-
ence that there was nothing is their administra-
tion to deprive them of their right to dissolve.
In that state of things Mr. Gladstone suddenly'
and unexpectedly brought forward his resolutions
on the Irish church. NVhen the house passed the I
first resolution there were three reasons in the •
opinion of the government which proved that the'
decision of the house did not militate against the
right of the government to have recourse to a dis-
solution : first, that no conchiaive legislation on the
subject of the Irish church could take place in this
parliament ; secondly, that it was notorious that
the qiiestion was not discussed at the hustings when
this parliament was elected ; and thirdly, because
it was their conviction that the opinion of the
nation 'lid not coincide with the recent vote of the
House of Common!' on this subject. He repelled
the accusation that the government were un-
worthily clinging to ollice, stating that whim placed
in a minority in B.:if?, and again in 1859, he was
both openly and privately solicited by Lord Pal-
merston and others to retain office. After the vote
on Thursday night he had an audience of her
Majesty, and he advised her Majesty to dissolve
parliament, but at the same time he tendered the
resignation of the ministry. Her Majesty com-
manded him to attend her next day, which he did,
when her Majesty was pleased to say she did not
accept the resignation of her ministers, and to give
her consent to dissolve parliament as soon as the
state of the public business would per:nit. Under
these circumstances he advised her Majesty
that an effort should be made to appeal to the
new constituencies, and if they had the cordial co-
operation of the house it might bapossible to make
arrangements by which the dissolution could take
place in the autumn of this year. Referring then
to the notice of motion given by Mr. Gladstone, to
postpone the orders of the day in order to bring
on the other resolutions on the Irish church, he
said he could not consent to it without loss of self-
respect, but he offered to give the earliest day for
those resolutions, respecting which he had no wish
to enter on a protracted debate, though he should
them a hearty negative.

Mr. GLADSTONE said this wail the first time he
had heard of ahy desire expressed in 1852 and
1R:,9 by any on his side of the house to retain the
Derby government in office. He denied thej
doctrine of Mr. Disraeli, that a ministry '
which was called into existence after the
parliament itself was entitled, for nu other
cause than that of its own existence, to inflict a
dissolution on the country. The only precedents
for it were the conduct of Mr. Disraeli and Lord
Derby. There was no cane in which a ministry
who had been defeated twice with a majority of
GO and G 5 had kept office. In 1841 there was an
appeal to the country in consequence of a majo-
rity of one ; and in 1784 Mr. Pitt ap:iealed to the
country against a majority of one. There were
two conditions only which justified a minister in
an appeal to the country—first, that it should be
on a question of public policy : and secondly, that
there was a rational prospect of a reversal of the
policy of the opposition. But what Mr. Disraeli
proposed to do was to proceed to a dissolution on
the question of the e:istence of the
ministry—not at once, but at a time he
vaguely designated as the autumn—and
that during the interval he should carry through
questions of great constitutional importance. For
himself, he should proceed with the resolutions on
the Irish church, and with the Suspensory Act to
give effect to them, which would have the effect of
distinctly declaring the mind of the present par-
liament and of preparing the way for the action of
the next parliament. He accepted the offer of Mr.
Disraeli, that an early day should be given for the
discussion of the second and third resolutions, and
should not press his motion to bring them on that
evening.

Mr. CONOLLY charged Mr. Gladstone with raising
the question of the Irish church for party pur-
poses, and said the resolutions were null and void.
He moved the adjournment of the house.

Mr. Lows seconded. He remarked that Mr.
Disraeli had advised her Majesty to dissolve
parliament at once, and he offered her Majesty as
an alternative that the government should resign,
and her Majesty refused both those alternatives,
but they were left in uncertainty as to how the
present proposition came about to refer the matter
to the new constituencies. For Mr. Disraeli to say
that ho came down to the house with a dissolution
authorised by her Majesty was trifling with the
house. If ever there was a case when the house
ought to insist on the ntle that the majority and
not the minority should govern this was the case.
Mr. NEWDLOATE maintained that the govern-
ment had taken • constitutional course.

Mr. CRAWFORD said the registration of the new
voters would not be completed and in force till
January, and he asked if it was intended to intro-
duce a measure to bring the Reform Act into opera-
tion sooner.

Mr. Aritrox asked for further information as to
what passed between Mr. Disraeli and the Queen,
as the right honourable gentleman represented
himself as a suffering person holding office
against his will at the desire of the Queen. It
would have been an act of weakness in Mr. Glad-
stone if he had accepted Mr. Disraeli's proposi-
tion. If the government remained in office they
must do the work of the opposition.
Mr. Bouvaaie raised his voice against the eon-
tinumee of the present mischievous, anomalous,
and unconstitutional state of things. Mr. Disraeli
seemed to think that he had a right to threaten
the house with a dissolution at any time that suited
him. He protested against such a doctrine.