The Northern Daily Times.
Liverpool, Merseyside, England, 1856-07-12 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, SATURDAY.

dhed against a great and kindred
-111-
910 PRINTERS.—WANTED, a Quantity of Second Hand nation
NONPAREIL CA PS.—Apply by letter, stating price, to R. If the object of the war agitators was not to
Do, Northern Times office.
WANTED, a NURSE, an Eng'ish Protestant, to take care of a involve us in war with America, what could it have
going baby None need apply who have not always been been ? Was it to retard the return of commercial
accustomed to the charge of young children, and to perform the
duties of the nursery, and to work at her needle.—Apply at Mrs. activity, which it has done to a serious extent ?
Reid's, milliner. 61, itold.street.
or was it designed to produce a depreciating
NITANTED, a SOLICI ICOR, for a First-class Tailoring and Out-
fitting Establishment. —A liberal salary and commission will effect in other directions ? We leave the
co a competent man, who has a good connection with
ns, and the shipping generally.—Adiress by letter (Z. R.), public to answer these queries, and to
at the- Northe
d rn Times office, stating qualifications and where last congratulate themselves on the timely exposure
-e.
of the emptiness of the war agitators cause, and
the certainty of an amicable solution of the diffi-
culties they have created. On the recruiting ques-
tion nothing now remains to be said, and it would
be well for Lord CLARENDON to give such a renun-
ciation of our assumed right of sovereignty,

stuntai:

en to a

ASTUDENT (in his last year), at the Medical Schools of Man-
cheater, wishes to enter into an ENGAGEMENT with a
Medical Man, to assist, or take charge of a Practice, during tl e
months of August and September next (the Autumn recess). The
most satisfactory references can be given.—Apply A. 8., Northern
Times office.
_Jaly Ist, 1856.

within the Bay of Islands, and the rest of the Hon-
duras territories, to Senor DON VICTOR HERRAN, as
will at once satisfy the American Government,
and that the whole American people may see
that the dispute on the Central American folly
is to be attributed, we will not say to diplomatic
ignorance, but to a gross and unpardonable mistake.
Lord CLARENDON ought to embrace the Honduras

.v,nvoy as a veritable deliverer, and the London
Times ought to beg a scrap of his garment, and lick
the dust from the feet of their infallible oracle.
The little Republic has, indeed, come like the
mouse in the fable, to release the lion from the
meshes of the diplomatic net, in which he has been
heard to roar so loudly and discordantly for many
months.

Never was a Senor more potent and grave, a Don
more to be esteemed, or a Victor more to be
cheered by a defeated party. Under Senor HER-
RAN'S official toga those in office will retreat with-
out observation, while the more noisy and disor
dered partisans of the "leading journal " will be
able to effect an escape with their unspent am-
munition and tools of trade. But the sensible
people of America will feel, with those of this
country, considerable humiliation at the figure
the war party of England will cut when retiring
from the scene of their defeat, while those who
profess to be masters of the art of filibustering
will be greatly amused at the comical sequel of our
incipient attempts at so hazardous a calling. But
it is now proposed that we shall have the right of
way through the territories of the Republic of
Honduras, from shore to shore, secured to us by
treaty, that British subjects shall be protected and
allowed to remain in that country as settlers, and
the two ports to be selected as the termini of the
overland route shall be declared free ports.
The first two of these privileges we enjoy at

present, and the latter is scarcely worth accepting
at the risk of any further misunderstanding with
the United States.

The Belize and its dependencies constitute the
only remaining difficulty, and unless we openly
violate the CLAYTON-BULWER treaty, and disregard
the assurances given by Great Britain in
Lord JOHN RUSSELL'S despatch, written while
the noble lord was a responsible officer of the
Crown, we cannot renew our claim to an assumed
sovereignty in that direction We have, iu fact,
carried folly and bluster much further than
our sense of dignity can justify, and with the
defeat of those who would fain have made political
capital out of a war agitation, the public must hope
to hear no more of the inflated discussion—unless
Parliament should deem it advisable to question
her Majesty's Ministers as to what course they
intend to pursue in the present state of
affairs. If the claims of Honduras are to be
disputed, or if treaties are to be entered
into with that Republic which are likely to
interfere with the pre-existing rights of the States,
in relation to the Nicaragua route, it would be well
for the Legislature to pronnnna,., an opinion
upon them before the session terminates. It is
highly desirable, also, that no further agitation on
the subject should be tolerated, as this country
requires all the repose Parliament can command,
in order that we may recover, with as little delay
as possible, a portion of our severe losses by war.

PARLIAMENT is proceeding. on a very singular,
and, we fear, a very delusive hypothesis. There
is no end of applications for civil list pensions,
increased military and naval allowances; and all
parties appear to be tolerably successful in their
appeals. It would be impossible, however, to tell,
in the first six months of peace, what position our

financial affairs are in. The second half-year
must supply the information so much needed.

Endless confusion in our national accounts is one
of the penalties of war, and we must submit
patiently to what cannot be avoided on the instant.
.Mr. WILLIAMS, the HUME of Cornwall, told the
House of Commons, on Tuesday last, that " He
had endeavoured, time after time, to ascertain

what had become of the enormous amount voted
" for the milita in 1855—a sum amounting to
" 3.800,0001. Not more than 65.000 militia had
" been embodied—a number coming very far short
" of what had been voted by Parliament, and yet

" nobody could inform him of what had become
of the money granted by the House. It was
" high time for the House to take steps towards
" securing the necessary information as to the
" expenditure of the public money." These are
the sort of slips which will occur in the sublime
confusion to which we have alluded. If the 65,000
militiamen have not been lost, with all trace of
the money voted for the support of a much larger
number, we have good reason to be joyful. But
what we dread most is, that Parliament has for
gotten that a day of reckoning must come. When
entering into war, the propriety of advancing the
pay and allowances of the army and navy is quite
obvious; still, going back to peace is a very
different affair.

Paying men well while their lives are in danger,
and they are exposed to every species of hardships,
is a necessity based on common justice. But all the
requirements of war are directly opposed to
those of peace, and hence we find the necessity of
retrenchment in every branch of the public
expenditure, demanded by common sense, and
sanctified by prudence. If the 3,800,0001. missed
by Mr WILLIAMS, should " turn up," the country
may hear of all that is going on in the
prodigal way with greater composure, and far
greater consideration. But to lose so much, and
still be asked for more, does seem to he a little
unreasonable. During the prorogation the
mislaid trifle may be brought to light, when,
perhaps, the honourable member, who was the
first to miss it, may feel inclined to join Captains
SCOBELL and PECHEL in their recent proposals
to the House, on behalf of naval officers, and
to take part in the lavish expenditure

of money on a few officers of the sister

service, in which every man has done equal
ere-lit to himself and his country. Selecting
a few pets for pensions and titles from an army of
heroes, is simply doing a great injustice to all who
are not partakers of the nation's bounty.
Every man who has survived the Crimean cam-
paign can lay claim to the highest reward a grate-
ful people can bestow upon him. The soldier
who has left an arm at Alma, a leg at Balaidava,
Inkermann, in the trenches, or at the bloody Redan,
is as much entitled to our commiseration as any

general officer or admiral the war has made,
and all we, have to give should be divided
fairly among the army and fleets. It is
ridiculous to say, this and that man won a

MONETARY AND COMMERCIAL

LIVERPOOL, FRIDAY EVENING

The sales of cotton to-day have only been 6,000
bales, and of these 1,000 were taken for speculation
and export. The total sales of the week are
3,150 bales, and comprise 28,340 taken by the
trade, 2,980 on speculation, anti 3,830 for export.
The market has been in some degree disturbed by
the failure of a broker, whose liabilities are said to
be 20,0001., and which has caused some forced sales.
Prices, however, have been steadily maintained at
list Friday's quotations.
The Liverpool Share Market opened heavily this
morning, but during the day improved a shade,
but subsequently receded again, and closed
very flat at the following quotations :—Aber-
deen, 141 15. Chester and Birkenhead, 17 171.
Caledonian, 301 301. Chester and Holy.
head, 161 17, Eastern Counties; 10-1 10k. East
Lancashire, 211214. Great Northern, 23! 24. Ditto
A, 91 91. Great Western, 621 621. Lancashire and
Yorkshire Stock, 971 972. Liverpool, Crosby, and
Southport, 18! 19. London and North Western
Stock, 1071 1071. Manchester, Sheffield, and
Lincoln, 34 341. New 6 per cent. Pref.,
Ditto Preference, 121 121. Midland Stock, 828
821. North British, 91 91. North Staffordshire,
41 4ad. South Eastern and Dover, 22 1-16 228.
York, Newcastle, and Berwick, 21i 211. York and
North Midland, 311 318. Leeds Capital Stock, 181
19,i. Buffalo and Lake Huron, 11 lip. Dutch
Rhenish, 21 21p. Great Western of Canada,
25?-,, 26. Ditto New Shares, 3 1.16 3 3-16 p.
Great Luxembourg, 81 81d.

peerage before Sebastopol, while Sir COLIN
CAMPBELL, with a handful of Highlanders, saved
the Guards—if not the entire British and French
armies on the heights of Alma—is left out of the
roll of favourites. Sir CottN, and all those who
have shown genuine " pluck," and the ability to
command, have, however, the satisfaction of

knowing, that they have gained the imperish-
able respect and esteem of their country-
men at large, and that one hearty cheer
from a grateful and truth-loving people, is

worth as much, in the long run, as friends in
Parliament, and time-serving supporters in office.
Let those who " commanded" in the Russo-Turkish
war have all that they can ask ; but let the men who
fought and conquered have that which belongs to
them. When the day of reckoning arrives, we
may find that the true military genius, and the
really great commanders in the Crimea, will be
fairly rewarded ; but the House of Commons ought
not to allow any more money to be voted away,
for any military purpose whatever, until some
satisfactory explanation is given to Mr. WILLIAM'S
statement.

During the week in Tallow a good business pass-
im.); in P.Y.C. at 49 to 51s per cwt. on the spot, and
800 casks for forward delivery are reported at 48s.
6d per cwt. The London market has advanced to
50s to 50s 3d per cwt spot, and 49s 94 per cwt. for
the last eight months. Half week delivery 1,651
casks, against 647 casks in 1855 ; and stock 16,634
casks against 45,623 casks last year.
The Liverpool Association of the Corn Trade
have published the following statement of
stocks of grain as held on the 3lst of last month,
as well as those at the corresponding period of two
previous years—__

Wheat. Flour
Qrs. Sacks. Barrels.
55,102 4,1745 81 78g
94,045 91,1;3 12,283
129,207 21,515 311,035
Barley. Oath. Oatmeal, Beans. Peas,
Qrs. Qrs. Loads. Qs, Qr 4.
June 30, 1856.... 950 13,229 56 217 40.619 2 511
June 3., 1855.... 4,046 19.307 40 693 2 i3O; 8 1,598
June 30, 1854.... 6,214 13,739 63.981 1,213 1,113
The prices ranging at the respective periods for some of the lend-
jog articles were as_follows— 1856. 1855. 18)4.
s. d. s. d. s. d. P. d. s. d. ■. d.
Best Red Wheat per 701 b 11 011 3 11 611 9 10 610 9
Best Amer. Flour.— 196 b 36 038 0 40 042 0 38 037 0
Best Spanish do 2Bolb 59 060 0 61 062 0 57 058 0
Best Indian Corn 4501 b 30 031 6 39 641 0 34 035 6
Best o,ts
Best Oatmeal.
Best Barley per Imp. Qr. 45 046 0 38 040 0 43 044 0
As an illustration of the antipathy of the govern
ment to concede to Liverpool the advantages she
ought to enjoy as a Mail Packet station we may
notice that in future the steamers of the African
Steamship Company are to be despatched from Li-
verpool, but that the government require them to
call at Plymouth to receive on their outward and to
land on their homeward voyage, the mails which
they are under contract to carry. We understand
that strong representations have been made, not
only by the owner s and agents of the vessels, but
by the Chamber of Commerce, to induce the
government to allow the mails to be put on board
and landed at Liverpool, but so far without effect.
The first steamer which will sail under this arrange-
ment is the Candace, which is to leave the Mersey
on the 20th instant, and she is to be ready at
Plymouth on the 24th to receive her mails. Surely
such an absurdity will not be tolerated for any
length of time.
We learn from our private advices from Australia
that the Government were taking definite measures
for the construction of a line of electric telegraph
between Adelaide and Melbourne. The proposed
route was through Penola and Portland; its length
being only 260 miles. The line, consisting of two
wires, was to be above ground, and was estimated
to cost under 1001 per mile. The undertaking was
contingent on the co-operation of the Victoria
Government, which was looked upon as uncertain.
The Legislative Council had adopted an address to
the Governor, requesting him to enter into commu-
nication with the Government of Victoria on the

I. Corn
QrB.
238,177
37.991
181,381

June 30, 1858..

June 30. 1835
June 30, 1854.

ton, but the orders received were understood not
to be extensive.

This is "settling day" in the English Fun and
one operator has declared his inability to meet his
engagements, although not to a large amount, and
his assets are likely to average a•good dividend.
The market is flat, and dealers for a fall are making
as much as possible of the unfavourable state of
affairs on the Paris Bourse, caused by the decrease
of about two millions sterling iu the bullion
returns of the Bank of France this month as com-
pared with June. Money continues to be in
demand, and rates of discount maintain their full
(potations. Consols for money opened at 95i 958,
at which they have remained, with slight tendency
to decline at the close.

The following are the closing quotations
of the Foreign Exchanges :—Amsterdam, short,
11 171 to 11 181. Do., three months, 11 19f
to 11 191 Rotterdam, do., n 19+ to 12 191.
Antwerp, do., 25 50 to 25 571. Brussels, do.,
25 50 to 25 571. Hamburg, do., 13 9 to 13 91.
Paris, short, 25 25 to 25 321. Do., three months,
25 60, to 25 65. Marseilles, do., 25 621 to 25 671
Frankfort, do , 1201 to 120-I. Vienna, do., 10 16 to
10 19. Trieste, do., 10 18 to 10 20. Petersburg,
do., 371 to 371. Madrid, do., 49! to 491

BANK OF ENGLAND RETURNS.

An Account, pursuant to the Act 7th and Bth Victoria, cap.
32, for the Week ending July 4, 1856.

ISSUE DEPARTMENT

Debit.
Notes issued ..£26,495,365

Credit.
Government

Debt
Other securities 3,455,900
Gold Coin and
Bullion

12,024,365

£26,495,3651 Total

£26,495, 365

BANKING DEPARTMENT.
Credit.
I Government se-

Debit.
Proprietors' ca-

. £14,553,000 curities X11,308.515
3,284,962 Other securities 15,527,912
4,817,074 Notes 6,552,720
10,470,957 Gold and silver
coin

pital
Rest .
Public deposits
Other „
Seven day, and
other bills..

586,577

849,731

Total .... £33,975,724

Total .... £33,975,724

The foregoing Bank Returns show the following
results when compared with those of the preced-
ing week : —Notes ist.ued, decrease, 408,605/. ;
bullion in both departments, decrease, 462,816/. ;
rest, increase, 36,5071. ; public deposits, decrease,
887,4961. ; other deposits, increase, 660.912/. ;
seven days' and other bills, increase, 52,1851.
On the credit side, government securities have
increased 32,3601 ; other securities, increase,
723,954/. Notes unemployed, decrease, 835,9951.
Actual circulation, 19,942.6451.; increase, 427,3901.
The Railway Share Market is inactive, and
prices have a downward tendency. The subjoined
were the closing prices of Railway Shares :
Caledonian, 611 614. Eastern Counties, 108
104. East Lancashire, 85 851. Great Northern,
954 96. Ditto A, 771 784. Great Western,
621 63. Lancashire and Yorkshire, 971 974
London and North Western, 1074 1074. Man-
chester, Sheffield, and Lincolnshire, 34 341
Midland Stock, 84 North Brash, 371 38.
South Eastern and Dover, 734 744. York, New-
castle, and Berwick, 87 88. York and North
Midland, 634 634.