The Northern Daily Times.
Liverpool, Merseyside, England, 1856-06-14 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, SATURDAY.

the world ! And urging that if the payment
of these tolls is abolished, the Danish Crown

must be compensated for its loss of revenue.
The proceedings of these committees will proba-
bly be very narrowly watched, as they will furnish
the public with a perfect illustration of the
marvellous difference which Parliamentary tri-
bunals make between the taxes levied upon
commerce at home and abroad. Mr. LOWE'S blue

book will be a perfect history of mercantile oppres-
sion and corporate plundering, with a vehement

repudiation of the doctrine of compensation,
appendix. And the report
of Sir CORNE WALL LEWIS' Committe will be a Con-
)ainful neces-
insupportable

way of an

ning the

liamentary titles to estates they have had in hand
for thirty, forty, and fifty years, and to answer all
future applicants for their rights, by saying—that
" the lands"—the Stubber estates, for example—
' were sold under the Chancery and Encumbered
" Estates' Court Consolidation Act." This would
be a delightfully ready way of getting out of the
responsibilities of a neglected guardianship
of minors, lunatics, devisees, and creditors,
under wills. Attorneys would know how to
avail themselves of the boon which a quick
passage to such titles would confer on those whom
the Court of Chancery allows to run up bills of
cost to double and treble the value of the property
brought before it. Equity, in its legal sense, has
two sides, and it has a remarkable leaning towards
the fraternity to which it belongs.
Our Chancery Courts are, in fact, becoming a
national pest, and abomination. Scarcely a day
passes over our heads that some Chancery

victim does not put a pamphlet or statement of
their wrongs and suffering into the public's hands.
Members of Parliament protest aloud in the most
widely circulated journals against the continuance
of the present system. The very mention of
Chancery is offensive to the public's sense of
justice and fair dealing with the property of
deceased friends, parents, and their helpless
offspring. To redeem Equity from universal
odium, and to restore it to popular favour, you
must change its name, curtail its functions, give it
jury boxes, let the public eye and ear into it, tune
its conscience, by penal statute, to morality, make
it worthy of the age we live in, the country whose
name it has disgraced, whose people it still
afflicts, before you think of throwing one of the
active agents in Ireland's deliverance into
the vortex of legal corruption. Men who
want to buy Irish lands have no desire
to involve themselves in the purchase of estates
which it might, at a subsequent date, be proved,
were fraudulently brought before and kept in court;
and, surely, Parliament is not going to throw open
the gates of Chancery to the concoctors of such
suits, by reversing the just law, which says—" a
" fraudulent sale of property is a nullity." A
court which has been dealing, probably, for twenty
or thirty years, surreptitiously with estates, can
never be suffered, after all, to make a Parliamentary
title against their lawful owners. This would,
indeed, be a change, both in the law and equity of
these realms, but it would not he the reform which
is required and expected ; and until the people of
England are satisfied with the Chancery purifi-
cation which they seek, wo would have all Ireland
oppose the union of their young giant amelio-
rater, with the crazy and vilely corrupt jade,
called—" the Court of Chancery."

THE
EXECUTION

WILLIAM PALMER.

The execution of the convict William Palmer

is to take place this morning at Eight o'clock,

at the County Gaol, Stafford. We have made

arrangements to receive the fullest particulars

from our own Reporters, which we shall publish

about Ten o'clock in an
EXTRAORDINARY EDITION

OF THE
NORTHERN TIMES,

THE COURT

WINDSOR, June 12.—The Queen went to-day to Ascot
races. Her Majesty and the Prince Consort, with the
royal visitors and suite, left the castle in eleven carriages
and four, at twenty minutes past twelve o'clock. The
attendants, and also the out-riders, were in scarlet
liveries. Her Majesty returned from the races at 25
minutes before six o'clock. The Queen gave a dinner
to a numerous party in the evening. The banquet was
served in St. George's Hall on the magnificent service of
gold plate. The band of the Ist Life Guards attended
during dinner. Her Majesty had afterwards an evening
party. Her Majesty's private band was in attendance in
the music gallery.

aßichard Lavinge Swift, Esq., now Consul at Buffalo,
has been appointed her Majesty's Consul at Riga.

Mr. William Henry Coffin, of, and Mr. John Hodge,
agent for, British Honduras, had an interview with
Mr. Secretary Labouchere on Wednesday at the Colonial
Office.

THE INUNDATIONS IN FRANCE.—Mr. L. Pagel has
handed to the Consul of France, the sum of 30s, the
amount of the receipts of a lecture delivered in the Royal
Institution, for the benefit of the unhappy sufferers
by the recent inundations of France.

DEATH OF' CAPTAIN THOMPSON, ONE OP THE HEROES
OF KAns.—We exceedingly regret to announce that Capt.
Thompson, one of the gallant defenders of Kars, died on
Thursday morning at his mother's house in Gloucester-
street, having only arrived in England on Saturday last.
At the banquet given at Hull on Saturday, in honour of
the return to England of the deceased and of Colonel
Lake, Captain Thompson excused himself from making
more than 'a very brief acknowledgment of the compli-
ment offered him, on the ground that he was suffering
severely from cold and illness.

AN ANCIENT WATCH.—We, yesterday, saw an ancient
silver watch, of immense dimensions—said to be 460 years
old—the oldest, or one of the oldest watches in the world.
Whether this be correct or not, the article is, beyond doubt,
extremely old, as the case and works at once testify. It
was for many years in the possession of the Imperial family
of France, for whom it is said it was made. It is now the
property of Dr. French, of this town, in whose family it has
been for over 150 years. The whole machine is curious
and quaint, and must be regarded as a strange piece of
mechanism. On the back of the old silvercase, is a cypher
of the old French royal family. It Ivia only one hand, and,
altogether, possesses great attraction for the antiquarian,
as an extraordinary relic of bye-gone years. It will
be exhibited at Mr. Mayers for a short time, as we have
heard.

CORONER'S INQUEST£l.—Yesterday the coroner held the
following inquests :—On the body of an Irish emigrant,
named Margaret Hyde, aged about 40 years. It appeared
that the deceased had been booked at Cork for New York,
by the agent of Messrs. Sabel and Cortis, and that she was
on board the ship New York, in the river, when she died
suddenly. It appeared, also, that she fretted very much
after a child that she left behind her in Ireland. From a
post mortem examination made of the body, by surgeon
Kemp, it appeared that death was caused by disease of the
heart, and the jury found a verdict accordingly. The
deceased has a daughter married to a man named Griffin,
who resides in 6, hose and Crown Court, Ebenezer-street,
Leeds.—On the body of Gamer Roberts, aged 30 years, who
kept a tailors shop in Paradise-Street. The deceased resided
at 77. Duke-street, and, from the evidence, it appeared that
he was given to exc.ssivo drinking. He died suddenly on
Wednesday. From the evidence given, the jury found a
verdict that death was accelerated by exvssive drinking.—
On tho body of John Holden, aged 50 years, who was a
porter at the Great Howard-street station of the London
and North Western Railway. In this cane, the evidence
went to show that deceased was much addicted to drinking,
and death was accelerated by that cause. Verdict accord-
ingly.

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING

At the close of last and in the early part of the
present week our market was dull and fiat, the
steady maintenance, after the large supplies which
have been already received, of the receipts of
Cotton at the American shipping ports at a point
equal to those of last year, deterring the trade
from buying anything in excess of their immediate
wants. Until yesterday buyers had therefore an
advantage of 1-16 d to id per lb. in American
descriptions pretty generally ; but this concession
having induced some speculative buying, prices
have again tightened, and to-day it has been diffi-
cult to operate at any definite decline from the
rates current on Friday last—the quotations for
fair Cotton have however been reduced id per lb.,
but in this quality full prices have not been readily
obtainable for two or three weeks past. The sales
of the week amount to 45,230 bales ; 33,380 of which
have been taken by the trade, 8,560 for specula-
tion, and 3,290 for export. To-day's business is
estimated at from 10,000 to 12,000 bales, 3,000 of
which have been taken for speculation and export.
The Committee's quotations to-day for fair Cotton
are as follows, viz:—Bowed, 6i.1; Mobile, 6id ;
and Orleans, 7id per lb.
The Liverpool Share Market opened heavily
this morning, and showed no signs of improve-
ment during the day, closing weak at the
following quotations:—Aberdeen, 13 131. Chester
and Birkenhead, 15.8 15;. Caledonian, 303
30g. Chester and Holyhead, 161 161. Eastern
Counties, 108 10k. East Lancashire,' 194 198.
Great Northern, 231 24. Ditto A, 9i 91. Great
Western, 611611-. Lancashire and Yorkshire Stock,
921 921. Liverpool, Crosby, and Southport, 171 171.
London and North 'Western Stock, 1021 1021.
illancliester Sheffield, and Lincoln, 291 29a. Ditto
Pref., 11-=,l 11/. Ditto New 6 per cent. Pref., 1 2p.
Midland Stock, 781 781 North British, 81 9.
North Staffordshire, 6 5i d. South Eastern
and Dover, 211 21 9-16. York, Newcastle, and
Berwick, 204 203. York and North Midland, 29
291. Leeds Capital Stock, 17; 181. Buffalo and
Lake Huron, 1 lip. Dutch Rhenish, 11 lip.
Great Western of Canada, 253 253. Ditto New
Shares, 2 11-16 2 13.16 p. Great Luxembourg,
81d.

Mr. F. J. Eaton's circular gives the following
report of the tallow trade :
Tallow is exceedingly dull, with only a retail demand
for P.Y.C. at the quotations; small lots of good S.
American brought 48s 6d per cwt. The London market
for immediate delivery is a shade easier, 45s (id being
the nearest value, but for the last three months 46s to
46s 3d per cwt is demanded. The half week delivery is
853 cks against 810 cks last year, with a stock of 17,185
cks against 47,740 in 1855.

Tlie Liverpool Corn Market though not active,
continues firm, with prices inclining upwards.
The rumour of a loan by the French Govern-
ment is officially contradicted in to-day's
Moniteur.
Advices from the French Wool Market state
that the recent heavy rains and bad weather have
militated against the shearing season. At Lois
sons the first produce of the clip has turned out
to be in bad condition, caused by the excessive
humidity having injured the staple of the wool.
The quantity this year also will not prove so
abundant as last year, especially of the finer sorts
grown upon the hills. Oa the other hand, the
intermediate kinds grown in the valleys will
average 10 per cent. more than the produce of
1855. The prices, however, of the fine mountain
wools are higher, and some lots have already been
sold at 3f 20c per kilogramme, in grease, and Of 500
per do. washed. For inferior wools the merchants
who have stocks on hand are asking from 2f 70c to
2f 80c, but the buyers are not inclined to give more
than 21f. The quotations of best washed wools in
the market are from 5f 20c to 5f 70c per kilo, and
in grease from 2f 50c to 2f 80c. At Marseilles, on
the 7th inst., 250 bales of Tunis wool was sold at
75f per quintal, and 83 bales, assorted and carded,
from 165 f to 225 f. The importations included 275
bales Mazagar', 380 bales Oran, and 209 bales
from Turin.

The Moniteur of this day publishes the monthly
returns of the Bank of France to Thursday, June
12. We give the most important items, with the
corresponding figures of last month, en regard :

June. May.
Coin and bullion, Paris 116,865,242 ... 117,610,819
Ditto ditto branch banks 169,430,954 ... 168,729,617
Bills discounted, Paris 210,733,002 ... 238,818,105
Ditto branch banks 172,102 089 ... 1,054,800
Notes in circulation, Paris 531,965,50) ... 534,960,600
Ditto branch banks 77,114,150 ... 91,814;750
Treasury deposits
Private Deposits, Paris 146,877,647 ... 169.666,891
Ditto branch banks 28,739,529 ... 26,047,397

The Moniteur says that th© rumour of a loan has
no foundation.

The half-yearly dividend meeting of the London
and Westminster Bank proprietary is to be held
on the 16th of July, and the annual meeting of
the Union Bank of London proprietors on the same
day.

An extraordinary general meeting of the United
Homoeopathic and General Life Assurance Society
is called for the 17th inst., to consider a recom-
mendation of the directors for the dissolution of
the company, and for the transfer of its business to
the English Provident Life Assurance and Tontine
Annuity Society.
A petition for the winding up of another assur-
ance society, viz., the Caxton Life Assurance, is to
be heard before Vice-Chancellor Wood on the next
petition day.
The fourth call of £l. is to be paid on the class
A or preference shares of the East Indian Iron
Company by the Ist of July.
A proposal is brought forward for the formation
of a company under the Limited Liability Act for
the purchase of the ship British Empire, built by
Mr. Patterson, of Bristol, and which has just
returned with a large cargo :of guano from the
Pacific. The purchase money is about £21,500,
and it is proposed to fit the vessel with an auxiliary
screw. The capital is fixed at £40,000, with liberty
to increase, in the event of the company's operations
being extended.

Constituted shares in the Great Luxembourg
Company (141. paid) are to be ready for delivery
on the 14th of July, in exchange for the pro-
visional certificates for the re issued shares.

The Electric Power Light and Colour Company
are inviting applications for a fresh issue of 101.
shares. The directors propose to take steps for
bringing the undertaking under the limited
liability law, as soon as the bill now before parlia-
ment shall have passed.
Shares of the Belgian Eastern Junction Railway,
upon which the last call of ten saillings shall not
have been paid by the 4th of July, are to be for-
feited.

The position of the market for American secu-
rities, is thus noticed by Messrs. D. Bell, Son, and
Co. :—"There has been, during the past week, more
activity in the market for American securities ;
some large amounts of State stocks have been
offered for sale, and have been freely purchased at
our quotations."

Tile annexed are the closing quotations of
the Foreign Exchanges :—Amsterdam, short, 11
173 to 11 18k. Do., three months, 12 to 12i.
Rotterdam, do , 12 to 123. Antwerp, do.,
25 62} to 25 673. Brussels, do., 25 02i to 25 873.
Hamburg, do., 13 10 to 13 10. Paris, short,
25 323 to 25 451. Do., three months, 25 70
to 25 75. Marseilles, do., 25 70 to 25 75.
Frankfort, do , 120 i to 1201 Vienna, do., 10
18 to 10 20. Trieste, do., 10 19 to 10 21.
Petersburg, do., 37 to 373. Madrid, do., 493 to 49g.

BANK OP ENGLAND RETURNS

An Account, pursuant to the Act 7th and Bth Victoria, cap
32, for the Week ending June 6, 1856.
ISSUE DEPARTMENT.
Debit. Credit.
Notes issued £25,532,095 Government
Debt
Other securities 3,459,900
Gold Coin and
Bullion

£25,632,095 1 Total ..

BANKING DEPARTMENT

11,057,095

£25,532,095

Debit.
Proprietors' ca-

Credit.
Government 5e-
£14,553,000 curities £11,682,126
3,209,246 Other securities 14,333,306
deposits 3,297,127 Notes 5,952,735
10,734,513 Gold and silver
)1

pital
Rest
Public

„
Seven day, and
other bills..

coin
805,604

631,323

£32,699,490

Total ... , £32,599,499

The foregoing Bank Returns show the following
results when compared with those of the preceding
week :—Notes issued, increase, 281,0551; bullion

n both departments; increase, 303,762/; rest, in -
crease, 8,0561 ; public deposits, decrease, 389,3971 ;
other deposits, decrease, 10,7581; seven days' and
other bills, increase, 31,7561. On the credit side
government securities have decreased 929,9931;
other securities, increase, 290,8881. Notes un
employed, increase, 266,055/, Actual circulation,
19,579,3601, increase, 25,0001.
Consols in London to-day closed finally at 93
to 94.

Railway Shares closed as follows :—Caledo-
nian, 61/ 611. Eastern Counties, 10 10k. East
Lancashire, 78 80. Great Northern, 941 95/. Ditto
A, 78 78,-!-T. Great Western, 61i 611. Lancashire
and Yorkshire, 921 03. London and North Western,
102 1024. Manchester, Sheffield, and Lincolnshire,
28/ 281. Midland Stock, 78 781. North British,
852 36, South Eastern and Dover, 711 711. York,
Newcastle, and Berwick, 81 82. York and North
Midlatad, 58/ 583.

IMPERIAL PARLIAM ENT

HOUSE OF LORDS.-FRIDAY

Their Lordships met at five o'clock
Lord DON

umouE enquired as to the intention of
the Government with regard to the disembodiment of
the Irish militia, and expressed a hope that it would
not take place till harvest operations commenced. Of
the 17,600 men composing the Irish militia, it was
probable that, if disembodied at the present time,
10,000 would go over to America ; and considering the
present state of our relations with the United States,
much danger was to be apprehended from such a pro-

ceeding.
Lord PANMURE said it was intended to take the same
measures in regard to the disembodiment of the Irish
militia as to that of the English and Scotch militia.
Portions of the English and Botch militia had been
disembodied, but the Irish militia force was yet entire.
The English militia men had expressed their readiness
to return to their ordinary avocations, and the services
of the disembodied portion had been speedily absorbed
in the labour market. He had no apprehension that
the Irish militia, when disembodied, would go in such
large numbers as the noble lord had stated to America,
and turn the discipline which they had gained here
against their own country.
In reply to the Earl of DERBY,
The Earl of CLARENDON made an announcement in
reference to our relations with America, in precisely
similar terms to that given in the House of Commons by
Lord Palmerston in reply to Mr. Disraeli.
On the motion of Lord PANMURE, the Police Counties
Boroughs Bill was read a second time.
The House rose at ten minutes past six o'clock.