The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-10 00:00:00

thex eesterda
Y afternoon was fixed for the inauguration at
trystal Palace, Sy denham, of Baron Marochetti's
480e,,t1ta Monument and Peace Trophy, and it was an-
se:,e_oed that the ceremony would take place in the pre-
of"‘e her Majesty, his Royal Highness Prince Albert,
9a the Court Her •
oclock f • Majesty had fixed half-past three
b„ „ or the commencement of the proceedings, but the
''telog was hr own t, own open to the public at eleven o'clock.
ue latter hour up to her Majesty's arrival there
a..eontinuous flow of annual ticket-holders and others,
lai"puloalcill°t begrudge paying
_half-a-guinea to witness the
Theslog spectacle.
visit ors
moons appeared to consist for. the most part of
and ahl."mg in the middle and higher walks. of life,
loteri tairably
alt "clnfth the toilets of the ladies were possibly not
egether •
Yet ad suitable to the external atmosphere, they were
the
uniform, „ adapted for the balmy temperature of the
Ivere °' the Palace. The majority of the gentlemen
wit m, and their costumes blended pleasingly
goon° gay colours displayed by their companions.
hand n after eleven o'clock most of the seats enclosing the
pied s°m, e dais—placed in the great transept—were occu-
ofti;ewg'ile in an orchestra erected to the right, the band
of the ards were performing the choicest pieces of music
awnings In front and at the back of the dais immense
%nee " Y•
ha d been erected, and these it was whispered
Maroc aled the
magnificentbut i
llallowed work; of art upon which Baron
sadlhetti has been so long engaged. The officials were
to /e' Pestered by applications from influential individuals
b
to take a stolen glance at the hidden objects,
ereo.??ry case they were inexorable. They were proof
of tb:ealost the winning entreaties and diplomatic wiles
assesnminere curious section of the fair part of the
the and until her Majesty's wishes had been taken,
Unable awning hung tantalisingly before the eye.
bilhgh ,t, (ee t the veil, the visitors wandered
various courts, and found ample means to
Vas up,"way the tie. An interesting portion of ter scene
fro% --e presencem of numerous weath-beaten veterans
tlpoi),„`Ele Crimea, whose persons often testified to the
0k,..,..te nature of the struggle in which they had been
7:l‘.
Was t4rtion of the building to the north of the transept
arrival:"relY closed up to the time of her Majesty's
„ At thn 4.
k"PtOp he time our report left the company were on the
s't„l; expectation. It was understood that her
kiade,v,reparture had been telegraphed, and the directors
aPPro-a?e every preparation to give her Majesty an
trance reception. At this period the aspect of the
galler•Pt Was most strikingly picturesque. All. the
state les were thronged with spectators ; the chair
.heto,"„ad been placed upon the dais, and the guards. of
them' w, ere stationed, forming an avenue through which
AIk;AL suite would pass. On her Majesty taking her
Qattra„°ll the dais, the bands of the Coldstream
the A— and royal artillery, and the full band of,
4 cin°4l,PanY were to perform " God Save the Queen."
be er'ett, from Mr. Costa's oratorio of " Eli,' was to
and byn Madame Rudersdorff, Mr. and Mrs. Locker,
be ati;el.4,botaas, and the Scutari monument would then
s, After rut"
the singing of a hymn to a Russian national air,
kW:lace trophy will be exposed, amidst strains of
d4le7,.reesie and a chorus from "Judas Maccabees."
gort ~I°lrt the same oratorio (sung by Mrdame Ruders-
klee 1;0'4'4 Mrs. Lockey) follows, and durin the perform-
/P.,°llla-L,tihe bands of " Rule Britannia,'' her Majesty
'der —re to the north end of the builinh, and shortly
wards return to Buckingham Palace

NEW LOAN OF FIVE
MILLIONS.

tie f
to the Lowing Treasury notice was communicated
Stock Exchange yesterday
Downing-street, Thursday Evening, May 8,185 G.
the Ztlemen,—l request that you will make it known in
to 471141 manner that her Majesty's government propose
of
£5 act on Monday, the 19,1 of May, 1856, for a loan
tents'9oo,ooo sterling, to be raised in Consolidated £3 per
4nm:hies.
to el? every £lOO subFeriberl in money, the contractors will
to
,tb e 43 Per cent. Consolidated Annuities. The biddings
? Made in such Annuities.
interest on the £3 per cent. Consolidated Annuities
rfi°rntnence from the sth of January, 1856.
e da.s of payment, and the proportions of the contri-
"
b‘T Bth be paid, will be as follows :
`rll ThUrsdav May 22, 1856, a deposit of £lO per cent.
'4 Thursday' y, June 12, 1856, a paymet of £0 per ccnt.
04 Saturday, June 28, 1856, a py of £2O per cent
Da
Thursd Thursday, July 24, 1856, a payment ef £2O per cent.
ay, August 28, 12.56, a payment of £lO per

ten
2,4 Thursday, September 18, 1856, a payment of £2O per
741.

41;_ur each instalment after the deposit a proportional
atocuirt of stock will be created for the contributors. The
with that
the deposit will be created at the same time
w, that which will be due on payment of the last in-
"len t.
0
discount will be allowed for prompt payment.
a ScriptOer recel t will be issued by the Bank' in the usual
p s
1:11
math! biddings to be made at the Treasury on Monday
be for the Ing, tent 1
ir9th isumnstant at ten o'clock. The biddings to
.
e .
proi4.l._ Palmerston and I will be ready to receive, at a
Tueer3 37 meeting at the Treasury, at one o'clock on
fiesiroa7 next, the 13th instant, any gentleman who may be
• aobtaining further information on the subject.
Th,sin, Gentlemen, your obedient servant, G. C. Luwis.
" Governor and Deputy Governor of the Bank of

England

LOCAL DUES UPON SHIPPING

ett:ilipe. committee met on Thursday, Mr. Lowe in the

Reeling, ,0 kr
„aivi,l,eetlng, mayor of Salford, said the question of the
of Liverpool had attracted great attention in
*as H. for several years past, and the general opinion
levrtthe Corporation of Liverpool had no right to
4tiela-ue° a tax. They claimed to exact the dues, but
Witee--snled any.obligation to make a return for them, and
hie), a believed that at common law no such right as that
tatq' was asserted by the Corporation of Liverpool could
lthP fall(1 he was not aware of any precedent for such an
of t}(l,:"' The only limit to these dues was in the discretion
e°rl3oration
• Pinar• Readlam. • The reason why no objection had
4eiv de to the imposition of these dues until the last
etcpare
AA was, that the subject had not before been
hot eftir7 into so fully, and the injustice of that tax. was
13.tie;,!learly understood ; directly this was ascertained,
04,;'°11rs were made to bring the matter before the
Nthnient and Parliament.
Aeil &the Chairman : He was clearly of opinion that it
*as Lease for the intervention of Parliament. Witness
to explain the operation of the Municipal Cor-
Pooetv,(l4 Act; when Sir J. Duckworth moved that. the
Ilhitee"e elearel The committee having remained in con-
• anll foe an hoc e, the parties were re-admitted, and,
tilBwer tO a question. from the chairman, witness said
bee °hßht,
A h rats_ the question o.f, the legality of the dues had
8„,,,.e0 at the time of tue passing of the Municipal
'll3l* —ge clause would have been inserted to protect the
le interests.
414 4r. lleadiam • If the original grant were produced
°lth °bligat' •
es lon would be found to attach to the collection
lae. due5.4.1,ti047,,r•,_ Watson: To establish the legality of the impo-
edererin tno dues under a grant from the Crown, he con-
be it necessary that such dues should be proved to
Pre„salne as those originally levied, or, in other words,
ih▪ atablisteontinuity and similarity ; and this could not be
0.'04 tli',l, He could not refer to any document to pr9ve
1‘ the 'llea clothed with any trust, but his reading
-11,te-,„,wasw, etrehat there must be some duty performed
for the Dower to levy dues.
t*),%'e' norsfall: He still maintained. that the dues
"e "led arbitrarily and without limit, notwithstanding.
i'l,l4llslblieation of the tariff, because such tariff was variedlq
the pie to time, and many articles were not mentioned
hrl,Ariff at all.
Rtatltlr- Readlam : He denied the right of the Crown to
laur hen"es upon property not in its possession at the time,
^dieick articles which were not imported at the period
„ the grant was made.
Zi?Rra,'l7,,C.,lla.iyman: All prescription implied a grant, and
'4l. tie,„ rind he made of dues upon articles unknown at
mt. eeing,
44,111leteont141-o,_:hallaSq,econf Liverpool, general merchant said his
fed to the Liverpool Town Dues.
aetiellited to"ltveespeciacclelyotoofothe tax upon salt, which
the cost of the exported
tr:tveeik.terTFils was PaevrFry injurious impost on trade, and li
expansion. rho trade in salt had been
R4tion frUlg of late years, and was subject to large c?mpe-
-t• ore works on the Mediterranean, Cadiz, Lisbon,
I be's,
other places. He objected
generally to the
t!d. txr Town Dues on articles of import and export,
4.llvele, 'eved it would be greatly to the advantage of
1,7, 'it if some compensation were made to it and
Dues altogether abolished. This would
i'suclitio- a serious grievance, and it would also be,
ete/e nal heneht if the distinction at present existing
witne? freemen and non-freemen were done away.
SktiorCsblvas not prepared to suggest the mode of cornpen-
tbe,e, ot thought that, as the-corporation had a title
.to
clues
tt , Which had been recognised by act of part
o government should make some compensation to
,`‘raiic, Wt- The dues were decidedly an encumbrance to
the and their removal would afford great facilities to
IvhiejLade of Liverpool. He objected to the Weaver dues,
u~liwere double the amount of the Town Dues, and on
helot,' article as salt the tax was most oppressive. The
Wee f the Town Dues he paid for salt in the last year
atid £lOO for other articles.
1.1.1014,3!!:- Duncan: He had exported 10,000 tons of salt
:Le 13ast year, upon
Due had he been a freeman,
:kr-qu have saved the Town sof6d a ton.
t4otla pulit eirnon, Town-clerk of Manchester, was recalled,
wri,e, returns of the poor and other rates in the
B:',Ps of Manchester, from the years 1851 to 1855,
xp,ri`,,ated that a sum of upwards of £541,000 had been
!itt4i ,ra
been corporation within the city, and which
last „!..!ad repaid by single proprietors within the
vo‘verity years.
atVo. other witnesses being in attendance, the committee
uriled until Thursday, May 22.