The Northern Daily Times.
Liverpool, Merseyside, England, 1856-07-14 00:00:00

Prices had advanced about 25 cents. per barrel.
Wheat was also rather dearer. Freiuhts were
active, and rather higher rates were obtainable.
In provisions these was a moderate business

13c. Rice firm ; sales 400 tres at 31c to 4-2-c. Tallow
drooping ; sales 10.000 lbs at 10c. Freights T Liver-
pool firm ; cotton 5-32,1 to 3-16 d ; flour 2s 71-d to 2s 9d ;
grain 91 to 91d;
STOCK MARKET.—Stocks at the second Board to-day
have been firm. Illinois Central Railroad bonds, 90k;
New York Central Railroad, 93i ; Reading Railroad, 924 ;
Iludson River Railroad. 35k; Illinois Central Railroad,
100; Erie Railroad, 621 ; Cleveland and Toledo Rail-
road. 784; Michigan Central Railroad, 93.
MONEY MARKET.—Money continues plenty, on good
security ; rates for call loans 5 per cent ; and for short
first class paper 6 to 7 per cent.
EXCHANGE.—Sterling continues firm; rates for best
bankers' bills 1091
NEW ORLEANS, June 27.—Sales today of 1,300 cotton
bales at stiffer prices, though not quotably higher ; sales
for the week 5,750 bales. Receipts in excess of the same
period last year, 503,500 bales. Receipts for the week
4,500 bales. Coffee—Sales for the week of 5,500 bags ;
stock on hand 37,000 bags. Rio Coffee is quoted at Ilc to
114 c. Corn 601 c, market bare. Mess pork 19 dols I.loc.

doing.
COMMERCIAL INTELLIGENCE
NEW YORE., JUNE 30.

COTTON: The market, since our last, per Arabia, 24th
inst, has been quiet but firm. The stock at this port is light,
and the daily offerings small, holders locking with much
confidence to an improvement in Liverpool later on in the
season, consequent on the advices hence per Niagara, of 16th
and succeeding steamers, of the sudden drop in receipts, and
changed views in regard to the extent of crop. The rates
here current are fully gd above the parity of Liverpool
quotations, and the buying is therefore rt stric, ed to the home
demand. The s les of the past four dins we estimate at
3,500 bales, and though we do rot advance our quotations,
it is very difficult to purchase even parcels on the basis of—
Upland. Mohile New Orleans.

Middlirg lll 11'-, 11-1
CorTm' IN TRANSITU So sales have been effected, and
there remain only a few lists of low grades, held at present
above the views of shippers.
The Asia's advices from Liverppol of the 13th inst.,
came to hand on the 29th inst., noting sales of the week
45,230 bales, of which 33,380 to the trade, stock of
American 595,090 bales against 363,710 same time last year ;
prices unchanged, as compared with those quoted on the
6th inst., per America, nanny ly :
Upland Mobile New Orleans
Middling
Money abund int, and an early reductii n in the bank
rate of discount anticipated ; Manchester ace ,unts re-
present buyers more disposed to operate, but prices un-
changed. Accounts from Southern ports have lost their
interest, as stocks areeverywbere reduced to low figures, and
the bu,iness of the season is closed. Our telegraphic infor-
mation is confined to the following, from

NEW ORLEANS, June 2-Ith.—Middling, l lc; stock light;
freight to Liverpool nominally id. 27th.—Sales,'1,300
bales, at stiffer prices, although not quotably higher. Sales
of the week, 5,756 hales; receipts, same period, 4,500,
MOBILE, June 27ih.—receipts of the week 850 bales,
sales 2,200, middling 10,:c to 104 c, freights same. Stock
unsold 12,000 baits.

CROP.—The accounts of the growing crop are favourable,
the stand, although late, being good.
We annex our tables of receipts, stocks, and exports.
Total receipts at all the ports since Ist September, 3 428,954
bales, of which received since our last weekly statement
14,703 bales, cgainst 27,531 bales same week last year,
reducing the excess from 821,981 bales, as last advised, to
present figures, namely, 809,853 bales.
The export to Great Brit tin from all the ports since Ist
September, amounts to 1,827,925 bales, against 1,279,319
bales last year, and 1,604.370 b ties in 1852-3.
Reciipts since Stock on hand and
Sept. 1. on Shipboard.
Ports. 1855. 1854. 1855. 1854.
N. Orleans,3une 21, 1,672 942 1,165,443 66,966 42,895
Mobile, „ 21, 611,820 377,048 23,864 44,163
Florida, „ 7, 135,674 129,908 9,007 5,500
Texas „ 7, 100,551 59,686 4,103 5,089
Savannah „ 26, 384 776 372,293 21,440 12,263
Charleston, „ 26, 488,126 474,011 21,532 14,961
N. Carolina, 21, 22,710 24 526
Virginia „ 1, 12,355 16,892

New York ~ 30,

405 625
45,188 86,523

Total 3,428,954 2,619,801 192,497 212,021
Increase.... 809,153 •••• • .•
Deere ise ••••
19 524

Exported to Great Ex o'd to France,
Britain.

Torts. 1855. -----1854. 1855. 1851.
N. Orleans, June 21.. 9 4,0 ,2 667 042 23g :08 173 850
Mobile .. 21.. 521.12 i 163.033 91,559 111 7 4
Florida .. 7.. 27.0.17 23,971 2,919 5,320
Texas .. 7.. 14 068 7,016 3 366 760
Sava nah .. 26.. 153 53 183,359 1 •,653 8 106
Chariest ,n .. 26.. 177,093 187,983 87,214 70,656
N. Carolina 59

Virg.nia
New York
Other Ports

21.. it 96
1.. 70
30.. 159 171 163 720 25,801 32 4'4
5 86/ 3,111

1 824.9.25 1,379,819 472 040 402,89'
445 606 69 148

Increase
I)4cr,ase
The following i 3 a comparative statement of Receipts,
Exports, &c. :

tg. Ex. to G. 13. tit ,in
3 166 685 1 694 370
2 778,245 1 406 383
2.619801 1 379 310
3.428 954 1824.92 i

To France. Stocks.
411 591 2 8910
31)5 378 375.136

212 021

472,040

192,497

Tae marktt to-day closes very firmly, with light offering
and small salts, at the annexed quotations :

Up'and

N. Orleans

Middlirg
Mtdddng Fair

Not ile,
91 91
11}
121 12i
121 121
Freight to Liverpool 5.321. Sterling, Bankers' Bills
1097; to 110 ; Commercial Bills 109 to 1091.
TALCOTT, BRAMWELL & TALCOTT.
BREADSTUFFS.—FIour has been in good demand during
the p ist week at advancing prices, the advices per Asia,
rtc.ived on the 27th ult., adding to the firmness of the
market. Desirable shipping parcels of State and Western
Canal brands are scarce. Prices must be quoted 25c per
brl higher. Western Canal and State, common, 6 dols 25c
to 5 dols 75c per brl ; good shipping, 5 dols 90c to 6 &Is
40c. Ohio, Indiana, &c , 6 dols 50c to 7 dols 25e. Canada,
6 dols .50c to 8 do's 25c. S nithern. 6 dots Sc to 7 dots 50c.
Fancies and hi ;11 extras, 7 dols 50c to 9 dole and 10 dole
503. Wheat: Good qualities of both white and red
continue in demand, and bring rather more money, while in
the poorer descriptions there is no charge. Much of the
recent arrivals is oat of C7ndltion. Southern White, 165 c
TO 182 e per 60,bs. Genesee and Western, 145 c to 160 c.
Canadian. 143 c to 183 J. Western red and mixed, 1253 to
150 c. Southern red, 150 c to 162 c. Indian corn : since
the receipt of the Asia's accounts, holders have obtaired an
advance of Ic to 2e ptr 501bs. Yellow, 60e to 61c per
561bs. White, 60c to 65c. Western mixed, 54c to 75c.
Rye is firm and rather higher for the best quality. Rye,
83c to 86e per Nibs. Barley, 95c to 105 c per 481bs. Corn
meal : 2 dots 871 i to 3 dots 25c per brl. Rye Flour, 4
dols 25c to 5 dots 25J per brl.
WOTHRRSPOON, KINGSFORD & CO.
NAVAL STORES : The increased rates of freight now asked,
particularly to the English ports, have acted unfavourably
on the market this week, and the tranactions generally
have been very light. Turpentine continues to be without
enquiry, but holders do not reduce their quotations. There
has been a slight addition to the stock in hand, which i
now about 4,000 to 5,000 brls. Spirits of turpentine are
held firmly at from 37c to 371 c per gal, for brls in mer-
chantable to prime shipping order. There are a good
many orders in market, but as all the vessels have on
board more or less of breadstuffs, they generally decline
this description of freight, so that the transactions
are limited. Stock on hand, from 5,000 to 9,000
brls. Rosin : There have been sales of common to
the extent of 10,000 brls within the week, chiefly for
the Continent of Europe, at prices varying from 1 dol to I
dol 65c per 340 tbs, including a cargo afloat, which was
sold at 1 dot 57t0 delivered. Mediums are still in very
small supply, particularly finer qualities. Fine pale begins
to arrive freely, but being in good speculative demand,
prices are firmly maintained. Stocks of all sorts about
20,000 brls, chiefly low grades and small sizes. Tar has
been in better enquiry for export, and some sales were
effected of North County at from 1 dol 622 e to 1 dol 75c.
There is no Wilmington on sale.
OiLs.—The market still continues without animation.
The rates current are the same as at the close of last week,
with rather more disposition to sell. Linseed is not so
active, and can be bought on easier terms.
WHALEBONE—There has been rather more doing for the
home trade, both here and at the East, prices are a little
better.

BEESW.4 Xis still above shippers' limits. The faw sales

reported are for the home trade

Lnowoop cannot be shiped at present rates of freights,
and though receivers have again given away, only one lot of
Jamaica has changed hands.

OucAlcs : Though the reports from London are rather
better, yet the prices current do not show favourably
for realising the rates asked by our manufacturers. The
shipments noted are all from first hands. J. CROFTS.

THE NORTHERN TIMES.---LIVERPOOL, MONDAY.

THE TIPPERARY BANK CASE

THE MASTER OF THE ROLLS AND THE IRISH
EXECUTIVE.

On Saturday we gave a brief outline of the tenor of the
observations made on the preceding day by the Right Hon.
T. B. C. Smith, the Master of the Rolls in Ireland, with
reference to the statements made by the Irish Attorney..
General in the House of Commons. We now give the
remarks of this high judicial authority, as reported in the
Dublin journals, in extenso.
The Master of the Rolls, having disposed of a few
motions of course, said :—The Attorney-General for Ireland
having thought proper to accuse me of being the cause of
Mr. James Sadleir's not being amenable to answer the
criminal charges which the Attorney-General intimates
be is prepared to bring forward against him, new that
he is no longer amenable, I feel it due to myself to
repel that most unfounded and unwarrantable charge ;
and I regret that in doing so, I shall have to put the
Attorney-General on his trial before the public, and I
shall state no fact that I shall not be prepared to sub-
stantiate before a committee of either House of Parlia-
ment. On the 20th of February, 1856, Mr. James
Sadleir subscribed his name in one of the books of the
Tipperary Joint-stock Bank, to a document stating
that the bank was unable to meet its engagemen,s.
That entry immediately followed the remarkable report
and balance-sheet of the Ist of February, 1856, referred to
in my judgment in Ginger's case, sleclaring a dividend of
six per cent., and a bonus of three per cent. On the 4th
March the motion was made before me, under the provisions
of the Winding-up Acts, that the affairs of the company
should be wound up. In giving judgment on that occasion,
distinctly adverted to the facts which implicated James
Sadleir with the gigantic frauds which had been committed.
In the Irish article of the Times newspaper of the 10th
March, 1856, there is the following passage The
Leinster Express, alluding to the connivance of Mr. James
Sadleir at the tremendous frauds brought to light in the
Rolls Court, says It is said that that gentleman has
already fled from the impending storm, but we trust that this
is not the fact. The shareholders owe it to themselves and
to the cause of public justice that the surviving fabricator
or fabricators of the swindling report should not escape a
criminal prosecution, and if Mr. James Sadleir and his
coadjutors, whoever they may be, have not already gone, it
is right that measures should be taken to prevent their leaving
the country.'" In the same number of the Times there is a
leading article strongly commenting on the Sadleir frauds,
and implicating James with John Sadleir. Not a week (I
believe I might say a day) elapsed in which the Sadleir
hands were n.t denounced by the public press as
unparalleled. In the Carlow Post, adverted to in the Irish
article in the Times of the 10th of March, the lamentable
fact was alluded to that " the savings of traders, clerks,
and assistants, police officers and small farmers, the
savings which were to establish some in business, the
small sums gradually accumulated for the future provi-
sion of large families, or as a support for declining years ;
all these have, in too many instances, been engulfed in the
mass of heavy deposits, and have left the deluded victims
friendless, hopeless, and in the most afflicting despair."
The Attorney-General had no sympathy with those poor
people, and closed his ears and shut his eyes to everything
which was said or written in relation to the Sadleir frauds.
At length the case of the appeal of the English shareholders
came before me in the latter end of the month of May,
1856, and the arguments of counsel having occupied several
days, and the monstrous frauds of the Tipperary Joint Stock
Bank having been laid bare before the court and the public,
I stated, as appears from a report of the observations made
by me and published in all the newspapers, " That I
intended to consider the matter attentively before giving
judgment, but that there was one question which I
thought it was my duty to the public to pass my
opinion upon at that time," I then expressed my
unboun del astonishment " that the Irish goverment
had not thought fit to take any notice of the case,"
I stated that "it was of the last importance to the
interests of all parties that they should do so, and that if
they chose to remain quiescent, and shrank from the duty
that devolved upon them of placing the case before the
Crown prosecutors, they would be guilty of a gross derelic-
tion of duty." I added that, " when giving judgment, I
purposed to enter into the facts at considerable length, and
I undertook to prove that, if the government determined to
remain quiescent, they could have no right to complain if
the public charged them with connivance at canspiraev. I
repeated that the government must interfere—that they
might pretend ignorance of the law on the subject, but that
I should lay it clown to them distinctly." I then read the
judgment of Lord Campbell in Burnes v. Pennell, (2
[louse of Lords' Cases), referring to Lord Brougham's j udg
ment to the same effect; and I also referred to the case of
the King v. De Berenger, (3 ;Mule & Selwyn). The Attorney-
General, who had fallen asleep from the 4th of March to
the 3rd June, notwithstanding that every newspaper which
lie took up must have suggested to him the duty which
he had to perform, awoke on the last mentioned day in
consequence of my observations, and an electric telegraph
message was sent from London to the Registrar, or some
other person, to know when I should give judgment.
Lluviug I.Litutud ihdt I would not give judgment for some
time, the Attorney-General turned his head upon the
pillow, and again fell asleep. I am now about to state
facts which the Attorney-General cannot get rid of by any
sophistry or mystification. On Tu sday, the Bth of this
month, I applied to Mr. Meldon, the solicitor for the
official manager (the official manager being absent from
Dublin on business connected with his office), to know when
the Attorney-General, or any person on his behalf, first
applied fo • copies of any of the affidavits or documents filed
or lodged in the Master's office in this matter. On the 14th
of June, 1856, a copy of John Sadleir's celebrated letter to
his brother, James Sadleir, was given to the crown solicitor
by Mr. Meldon. Sorely that letter was calculated to arouse
any person but the Attorney-General. Ile, however, re-
mained as little alive to the Sadleir frauds as he bad been
before. On the 20th of June I gave judgment. On the
24th of June, 1856, and not sooner, a copy of one of the
affidavits was bespoke on the part of the Attorney-Geperal,
and it was given out on the following day, by Mr. Meldon,
solicitor for the official manager. On the 25th of June, a
copy of another affidavit was bespoke, which was given out
on the following day; on the Ist of July a copy of another
affidavit was given out, and on the 30th June, four affidavits
were lent by Mr. Meldon, solicitor for the official manager,
to the Crown Solicitor. I have Mr. Meldori`s statement in
writing on these points. Mr. Meldon, however, says that
Mr. Gaussen, the soli itor for the English shareholders,
lent a copy of his brief to the Crown Solicitor on the 13th of
June. The result is this—The Attorney-General took no
step whatever against James Sadleir until after I gave
judgment on the 20th June, although the judgments
I had given on the 4th of March, and the 3rd of
June imposed a distinct duty upon him to do so.
The letter of John Sadleir, of which he was in pos-
session on the 14th of June, rendered it the more his
duty to proceed. When did James Sadleir cease to be
amenable ? The Attorney-General says on the 17th or 18th
of June. I believe he was amenable after I gave judgment
on the 20th of June ; but I shall assume that the Attor-
ney-General has been accurately informed of Mr. James
Sadleir's movements, and that the date of the 17th or 18th
of June is correct. How does the Attorney-General ac-
count for having taken no step from the 4th of March to
the 3rd of June. Every document connected with the
bank was in the custody of the official manager from the
time of his appointment, although John Sadleir's letter
wee not found until after the 3rd of June. If there was
auy excuse prior to the 3rd of June, what justification was
there for taking no proceedings against James Sadleir from
that date until after the 20th of June? The letter of
John Sadleir with a cony of which the Crown Solicitor
was furnished on the 14th of June, should have
awakened the Attorney-General, if anything could have
done so. The Attorney-General says that James
Sadleir was amenable until the 17th or 18th of June. Did
it require from the 3rd of June to the l7rh or 18th of June
to swear informations ? Why was no application made to
me prior to the 20th of June If there had, I should have
stated the entire case to any person deputed by the Attorney-
General, and referred to every document ; and should, if
so requested, have postponed giving judgment. On the
20th of June, after I had given judgment, the Attorney-
General's counsel and the Crown Solicitor waited on me in
the Rolls Chamber. Why was their visit postponed until
then ? Of what use was the visit at that time, if the
Attorney-General ;be right that James Sadleir had ceased
to be amenable on the 17th or 18th of June ? Who is
responsible that no proceedings was taken against James
Sadleir from the 301 of June until after I had given
judgment on the 20th of June ? No amount of mystification
can get rid of that plain enquiry. The real history is this :
The Master had exonerated James Sadleir on grounds which
the public do not understand. There ras abundant evidence
against James Sadleir independently of John Sadleir's letter,
which was not found until after the 3,1 of June. The
Attorney. General paid no attention to the observations
made by me on that day, which showed that I had come to
to an entirely different conclusion from the Master,
although I had not seen John Sadleir's letter. The
Attorney-General thought, 1 presume, that I should not be
able, when giving judgment, to substantiate the statement
I had made; and he remained passive until the judgment I
gave on the 20th of June rendered it plain that he must
cease to hold office, or perform his duty to the public. It
was, however, according to his statement, then too late.
James Sadleir, he says, is no longer amenable, and that he
has not been so since the 17th or 18th of June, and he
thinks it just and proper to east the responsibili yon me
that he is not amenable, Let him first exonerate himself
from the heavy charge of not having taken any proceedings
against James Sadleir until after I had given judgment on the
20th June. Let him not imagine that he can, with all his
sophistry, mystify that question. What the public want to know
' is:-Ist.: Why did he take no trouble to investigate the
charges publicly and openly madeagainstJas. Sadleir between
the 4th of March and the 3rd of June ? 2dly, : Why did
he not take proceedings against James Sadleir between the
3rd of June and the 20th of June 1 3dly. : Why did he
omit to proceed against James Sadlefr until after he ceased
to be amenable ? This is a most grave and serious charge, and
not to be got rid of by any insingation that I am responsible.
I now conclads with thcss ipquiries Was it I who was to