The Northern Daily Times.
Liverpool, Merseyside, England, 1856-09-20 00:00:00

THE NORTHERN TIMES.-

RJ. NODDER,
• I • HATTER

Sl, CHURCH-STREET,
Ergs respectfully to Inform the Nobility and Gentry of Liver.
:01 that his NEW STYLES for the Season are NOW READY

Altera Tian

SATURDAY, SEPTEMBER 20, 1856,
e
. THE DAY'S NEWS.

We have to-day a dearth of political or general

news. The advices from the Continent contain
little that is important to the English reader,
whilst home topics are exceedingly devoid of

republicans of Neufchatel have given, and it will
know how to thoroughly protect them." These
remarks are said to have obtained the approbation
of all shades of opinion ; for, in the question of
Neufchatel, party feeling gives way completely in
Switzerland : and, on that ground, the most
ultra-Radicals give the hand to the most deter-
mined Conservatives.

By our latest advices from Constantinople, we
learn that the Commission for the Regulation of
the Danubian Principalities is now complete, and
that the nearness of the commencement of their
deliberations has caused considerable excitement
on the banks of the Bosphorus. It is felt that a
question involving the future safety of the Turkish
Empire is about to be settled ; and we cannot
wonder at the interest taken by Turkish statesmen
ettlement. There is, beyond dispute, an
opportunity for accomplishing two great objects—
the prosperity of Moldo Wallachia, and the estab-
lishment of a strong northern frontier for Turkey.
Here, in the West also, we take a large interest in
the fate of Moldo Wallachia. Unless some just
and efficient arrangement can be made, one of the
principal objects of the war will not have been
obtained.

in its

Letters from Alos3ow, dated Sept. 11, are to
hand. Their contents relate principally to tbq

coronation fetes and rejoicings. A correspondent
thus writes respecting the state visit to the
theatre and levee :—" According to the stories
I hear, his Majesty was very gracious to M.
de Morny at the levee, and conversed with
him for some time. He alluded to the readiness
evinced by France to conclude peace, and to remove
all impediments to an entente cordiale. With Lord
Granville he was, on (lit, more reserved, and he is
understood to have made some pointed allusions to
the attitude of the English Cabinet. We were
tres-lies in days gone by,' said his Majesty, but it
to be hoped that the estrangement will not con-
Lord Granville replied in a low tone of
voice. To Prince Esterhazy the manner o f the
Emperor was at first exceedingly dry and cold, but
the veteran diplomatist spoke with such effect, and
gave such assurances of the sincere desire which
actuated a large party in Austria to return to their
premiers amours, that the Emperor was visibly
moved, and held out his hand 'ere the Prince
ceased. When the Turkish Minister was intro •
duced be read at some length his letters of creances,
but the Czar became impatient ere she conclusion,
and dismissed the Envoy with a few short sen-
' As to the theatre, we are told that it was
past eight o'clock when the Emperor appeared, and,
the instant he was seen, the whole of the house rose
as if thrilled by an electric flash, and cheered most
vehemently again and again. The Czar and Czarina
bowed, and every salutation was the signal for a
repetition of the enthusiastic uproar, through
which at last was heard the strains of " God pre-
serve the Czar." As soon as the greeting and

tinue.'

tences

the national anthem ceased the orchestra com.
menced the overture to " l'Elisir d'Amore," and the
opera, -,vhich was admirably sung by Bosio,
La-
blache, and Calzolari, was performed amid a dead
silence. It was followed by the ballet of "La
Vivandiere," in which Cerito made her appearance,

Nothing of moment is recorded in our intelli-
gence from the Provinces, except it is the usual
details of " frightful murders," " accidents," or

" daring robberies " The latest occurrences under
any of these heads, are duly noted in our news
columns. The accused incendiary, who set fire to
Mr. Thomas Aspinall's corn stacks in Prince's
Park, has been committed by the county magis
trees for trial at the Assizes. The prisoner
Kehoe's defence—not an improbable one—is, that
the unfortunate affair was the result of accident.
Should the jury think so, he will, of course, be
acquitted. It will be perceived that a fearful and
fatal accident has taken place near Leeds.
The Dowager Countess of Howth died at
Kingston, near Dublin, yesterday, in her 82nd
year. From Dublin we learn that the people of
Galway have taken alarm at the start obtained by
their southern rivals, and the selection of the port
of Valentia for communication by telegraph with
America is more likely to revive the movement in
favour of a western packet station. According to
one of the Galway papers, the time has really
" arrived when our public boards, gentry, mer-
chants, and traders should bestir themselves. The
electric telegraph will have rendered Liverpool
obsolete as an American packet station, and the
long and dangerous channel navigation must be
scouted by the whole country. Postal communi-
cation with the United States can only be main-
tained by a fleet line of steamers which shall be
able to run across from Galway in three or four
days. The necessity of the case, the exigencies of
the times, and the telegraph will at last bring
round that consummation so desirable, and Galway,
by the force of circumstances, must be the Trans-
Atlantic Packet Station for Britain."

THE present stagnation of trade is beginning to
excite considerable uneasiness in mercantile
circles. The money market is generally thought
to be in a perfectly abnormal state, and the
comparative steadiness of the funds has ceased to
operate favourably on the public mind. The more
monetary subjects are discussed, the less con-
fidence thinking men appear to have in the
principles laid down for their guidances. The
increasing and marvellous influx of gold brings
no relief to trade, or to the tax-payer. It is
difficult to sustain a circumscribed statu quo, and
pushing forward our trade is wholly out of the
question. The entire system, financial and
monetary, is kept in motion by advances made
on produce, at a high rate of discount, which, when
deducted from the amount advanced, and added to
large margins left for depreciation in prices, just
suffices to feed the mill from day to day. There
is little or no money to be obtained in any
other way. Gold runs out of the country
as fast as it comes into it, and, notwithstand-
ing that, we are told that it is bought
for the Continent chiefly, the principal or profit
we receive from its sale, does not appear to leave
any trace behind it in our Bank Returns. The
Bank of France is said to be a large purchaser of
our bullion, but what comes of the previous metal
with which they buy no one can tell.
If we are selling our bullion for gold or silver,
we ought to be able to show a large increase in our
Bank Reserves, as the Continental exchanges are
in our favour, and this gives us a certain advan-
tage. They show that the balance of trade is with
us, but beyond this the benefits are very question-
In this instance, however, they come to our
aid most prominently. They prove that our bullion
is not going from us to repair the damage of over-
speculation or over-trading. Where, then, and for
what is our gold going ? We are exporting our
productions largely to all countries, and more
legitimate trade might be done if the circulation
was larger, and the money market in a mercantile
condition. Our harvest is above an average, and
we have heavy stocks of breadstuffs on hand.
We may have short supplies of sugar and coffee
owing to an increasing export demand, but every
other description of foreign and Colonial produce is