The Northern Daily Times.
Liverpool, Merseyside, England, 1856-06-23 00:00:00

PORTUGAL

The steamer Frankfort, which arrived in the Mersey on
Saturday, has brought advices from Lisbon to the 14th inst.
The transport steamer Khersonese, from Malta and Gibral-
tar, was coaling at Lisbon, with the 94th regiment, and
reports all well on board.
The political position of Loule Sancbes cabinet remains
much the same as last reported, the department of
finance and public works being still without permanent
ministers.

When M. Julio Sanches agreed to take office, it was
stated, as probable, that the Ministry would endeavour to
carry out the arrangements made between M. Fontes and
Mr. Thornton, respecting the quotation of Portuguese Bonds
upon the Stock Exchange, and we are now assured the
ministers intimated this to be their intention;
At a private meeting of the majority of the deputies, the
desire was expressed to make some alteration in the stipu-
lations respecting the extra 1 per cent. to be paid upon the
old Portuguese bonds when the revenues of the country will
allow it, and the ministers also intimated their intention to
apply to the Cortes for authority to raise a loan of 1,500
contos (about £335,000) for the continuation of the nil road
and other public works, until the meeting of the new
Legislature in January, 1857.
A bill has been brought in to extend the admission of
foreign grain until the 30th of June, 1857. at a nominal
duty of about ld. per 100 lbs. This measure has become
urgent, in consequence of the undoub'ed short wheat and
barley crop in Portugal and part of Spain. Indian corn
may still yield a fair crop if the showers in the northern
provinces become general. Nothing was said to-day in the
Cortes respecting the new loan of £335,000, but the minis-
ters intend to propose it; as respects the Stock Exchange
question, they wait Mr. Thornton's reply to modifications
suggested or negotiated here by his agent, since the tall of
the late cabinet.

" The way to show the customers' balances up to—say
£759,223 13s 2d, or thereabouts, would be, of course, by
crediting certain accounts—deposit, or current accounts,
or both, and debiting certain other accounts for sums
which in the whole would represent the same.
" For example, six or seven deposit receipts may be
issued to me for such and such sums, amounting in the
whole to £400,000 or £500,000, and then four or five
accounts might be opened, such as-
1. The South Eastern Swiss Railway Company £163,000
2. The Prussian Coal Company

3. The Rome and Frascati Railway Company
4. The Grand Junction Railway Company .
5. The East Kent Railway Company

157,000

36,000
48,000
157,000

Je56i,000
and each of the foregoing accounts might be debited with
advances made to me as representing each of said com-
panies to the extent of the sums I set opposite each of
the five accounts, and which sums would amount in all to
£561,000.

--,----
" Then the deposit receipts for 823,500 granted tO
Backhouse might be added, and I should be debited with
said sum in an account called John Sadleir, trustee in
the Backhouse mortgage.

%-+
" All the foregoing accounts would be looked on as so
many trust accounts obtained by arranging to advance as
much as was received ; and, as the bank could not be called
on to pay any of the deposit receipts so long as one penny
was due on any of the accounts, the safety of the bank was
perfect, and the question of interest both ways could be so
adjusted as to work out enough of profit to enable the bank
to pay the 6 per cent. interest and 3 per cent. bonus on the
£lOO,OOO, and to carry to the reserve fund a good sum—

say, £5,000.
" I hope you will see this matter in the light I do ; per-
haps I have not sufficiently explained the case, but I am sure
I am right, and that the whole thing can be so managed as
to defy any criticism, if such should be started ; but of
course we should not court any. When I go over I can
explain all. The books should be kept open for the requisite
entries.

" There is nothing to prevent the Tipperary Bank
from doing what has been done in the Bank and
the Bank, and the Bank, and that is all I
advise—namely, to open two accounts for A B ; to credit
one account as having received from A B £lOO,OOO on
deposit ; to debit the other account £lOO,OOO, as having
lent A B so much on the security of his deposit receipt,
and his personal security, of course ; in every case the
Tipperary Bank should receive the deposit receipts and
retain same as security. _ _

" F. Law will send, or Mr. Kelly, the account of the
money got on placing of shares, and not previously ac-
counted for.—Your affectionately, "J. SADLEIR.
" I enclose the prospectus. I did not see the paper con-
taining reference to O'Shea."

THE MALT DUTIES

TO THE EDITOR OF THE NORTHERN TIMES.

Sir,—lt may be of importance to many readers o
your paper to know, that in a bill now before Par-
liament, granting an allowance of the extra duty on malt
in the stocks of maltsters, malt roasters, dealers in malt,
licensed brewers, and vinegar makers, when the present
war duty ceases on the sth July next, it is provided,
that in order to obtain the allowance the malt must be
dry and unground, and every claimant must give notice
in writing to the proper officer of excise, two days
previously to the 3rd July next, of his name, residence,
and business, and of each house or place in which the
malt shall be deposited, and whether the malt is screened
or unscreened, or pale or brown ; and also, before the
3rd July, place his malt in such form that it may be

conveniently gauged.
The claim for allowance will be forfeited if any malt
taken account of shall be removed before the 6th July,
and penalties are imposed if grain is mixed with the
malt, or any contrivance resorted to to deceive the officer
as to quantity.—l am, Sir, your humble servant,
ROBERT S. SHARP,
Conductor of Inland Revenue.

Inland Revenue Office,
Liverpool, June 21st, 1856

LONDON GAZETTE

BANKRUPTS.—CHAS. V. ENABLES the younger, Chid-
den, Taplow, Sohn, and Princess paper works, Bucking-
hamshire, paper manufacturer. JOHN EDWARDES, Wolver-
hampton, Staffordshire, wine merchant. JOHN WoonnorFn,
Newgate-street, licensed victualler. Thos. DuRSTON,
Taunton, Somersetshire, brewer and baker. JOHN RUMENS.
Lower Clapton, carpenter, builder and undertaker. JOSIAH
TREGELLAS, St. Agnes, Cornwall, draper, grocer, and
general outfitter. SAMUEL POUND the younger, Dartmouth,
ropemaker. WILLIAM ADAMS MANNING, Totness, corn and
grass and cloverseed dealer.

ANOTHER TRAGEDY IN MELTON.—On Fridry itfternoon,
Mr. Thomas Clarke went into the house of Mr. Shoulet,
auctioneer, and shot him in the breast. The wound is
not fatal. The police proceeded to apprehend Mr. Clarke,
who was about to commit suicide, and had slightly cut his
throat. _ . .

Tim JEALOUS Ac-raEss.—At the Central Criminal Conrt
on Wednesday, Harriett Graham, who, it will be recol-
lected, was last session fonnd guilty of attempting to
discharge a loaded pistol at Mr. Graham, of the Princess's
Theatre, was brought up and (sentenced to four months'
imprisonment._

THE NEW BISHOP OF GLOUCESTER AND BRISTOL.,--We
are enabled to annouuce that the bishopric of Gloucester
and Bristol, vicated by the death of Dr. Monk, has been
offered by Lord Palmerston to the Rev. Richard Chenevix
Trei ch, M A., Professor of Theology in King's College,
London, Rector of Itchin Stoke, near Alresford, Hants, and
Chaplain to the Bishop of Oxford.