The Northern Daily Times.
Liverpool, Merseyside, England, 1856-03-31 00:00:00

thwie forces which were

1,11. .g

rntest to a speedy issue

grasp of its conquerors, and handed over Poland
and Finland ito the usurper for further series of
years. Another campaign on her northern coast
and southern frontier would have ended in the
conquest of Crim Tartary, and the dismemberment
of Russia.

These are the results of a forty years peace.
We lost an entire army in the struggle, it is true,
but the rapidity with which we replaced it is the
most instructive portion of the " episode." But
let the Muscovite and his sympathisers ponder
over these things. It is for them to beware how
they arouse that strength which nations gain by
repose. We have to consider how peace is to be
made as prolific as ever, and its harvest husbanded
as it was ere this age was disgraced by unholy
scenes of bloodshed. We have little time for
further mourning over the heroic dead. The life-
less tombstone, and the unadorned epitaph are all
the slain can have of this world's care. To-morrow
the living must have bread, and the dirge of war
must be laid aside for the Hallelujahs of peace.

had not suffered troin this cause—had our heroic

England has to call back her sons from the lands
deluged with blood to the loom and the plough.
Her people to return again to honest toil, and to
labour diligently to win that comfort and indepen-
dence, of which au inhuman tyrant has found he
cannot rob them. We have to get home our army
and our fleets; and since Russia is bound to
respect public law and order, to leave Turkey and
all other foreign countries to conduct their internal
reforms and other affairs as they please. We

cannot keep up a war establishment for the reform-
ation of the Turks, with one in twenty of our entire
population receiving pauper relief in some shape.
Our own national mendicancy has to be overcome
before we engage in demolishing harems, and
removing the long cherished animosities of
Turks and Greeks. War has already added

U► 0,000,0001. to our national debt, and we have
to prepare fur that fresh burden.
We do not despair of accomplishing this weighty
task, if the frugality of the people be sustaineu
by strict economy in the future conduct of the
affairs of state. We believe p-ace is equal to all
national emergencies, but the continuance of wur
armaments will keep us in we condition of

erents, without even giving us the chance of

oaring the questionable laurels of a barbarous
We alas:, therefore, to be at peace,

\Vestern

Neweasth
North
155 15;,
Share, 2
23i *25.a.

struggle

liter this day on a earner of retrenchment. No

,cure army recruits—no more gun boats—no more

seamen for the navy, militiamen, volunteer corps
or yeomanry troops can be called for. It we allow
Russia to retire we have no other enemy in the
field. Our foes have vanished, and w,; may remain

at ease. If not, there is in truth no peace for

England. The reposes for the Cossacks, aad nc

a. the Briton

The treat

y of Paris will snow

,vaat this measure of .trauquility is hi remit)

the proclamation will not enlighten us
on tie subject. We must wait for the
ratification of the treaty, and then for its
publication, which will, in all probability,
never be allowed. The policy of the Western.
Allies will, however, show us, in a very short time,
what it actually amounts to, and will be wortn in
practice.

The people of this country have no faith what-
ever in the machinations of secret conclaves.
This may be a weakness, still it is one which
cannot be played with for any length of
time. If they are to gain nothing by
peace, and are called on to continue all the cost
of war, their credulity will be far more entitled to
respect than open abuse. Let us hope, then, that
with the restoration of universal tranquillity,
England will be allowed to rest, and that the
calls of the Exchequer will be silenced at the

same time the thunder of cannon is forbidden.
Let these things be done, and with peace Great
Britain will continue to lead and outrun despot-
ism in intellect, refinement, and all else that
gives greatness to a people, and dominion to our
race. The spread of civilisation will render the
chains of the oppressor less endurable and
enduring, and will soon bring us to the Doomsday
of military tyranny and European bondage. The

locomotive will make the serf a freeman, the
electric spark will dispel the remaining clouds
of political darkness, while man's restless genius
will demolish time on the ocean and bring the
slave within the pale of freedom—the heathen
within the call of Christianity. Peace will, then,
have wrought a Godlike atonement for fiendish
ambition—the prostration of the heartless invader
—the death of the manslayer. Let us, then, hail
the olive branch with a hearty Hallalujih ! and
endeavour to make the war, which diplomacy dare
not have left to the sword to decide, as little
burdensome to ourselves and our Allies as the
returning sense and morality of the nation is
capable of rendering the most heinous of human
crimes. Peace will, probably, be proclaimed by
the Mayor of Liverpool in tho course of to-day ;
and few duties, we feel assured, could afford
ureater satisfaction to an enlightened magistrate
old a loyal citizen than that which our civic
;•hi fis about being called on to perform.

THE COURT

Way Tar

soldirrs be

properly commanded, our free-bore
countrymen would have swept the Russian hordes
before them like swine, and the most signal
triumphs on record would have been won in a
few days.

Our troops were not commanded by experienced
generals, and the war became greater in proportion
to our misfortunes—the result of abused responsi-
bility. Still, for all these lamentable vicissitudes,
we need no greater temporal atonement than a
return to peaces which will allow time for
reflection. Forty years repose has enabled us to
convince Russia that we have little to dread from
superior numbers, and that all we do insist upon
- I-- refused at imminent peril, to her
Another season
same duration will teach her
to respect those whose independence she would
now destroy—to keep her hands off those spoils
she now covets. Of England it may be said that
peace "gives her fame which never dies." It gives
her numbers, on which war can make no visible
inroad, and strength which can never fail. All we

can on

existence as an European power

of tranquility of the

listeth as a nation awaits us in the lap of peace,
and all we can desire as a people must follow in
the wake of our progress. Europe has just seen
the fruits of a forty years' slumber tested, and
Russia knows full well the cause to which she is
indebted for the deliverance of her assumption of
tyrannic sway. The Czar can point to those
diplomatists Who have saved the shores of the
Baltic from desolation, taken the Crimea out of th -

THE 11011 THERM TIMIES.-LIVBRPOOL, MONDAY, MARCH ,31 18S6.

MONETARY AND COMMERCIAL,

LIVERPOOL, SATURDAY EVENING

The Liverpool Cotton Market has been quiet
to-day. The sales are 7,000 bales, and comprise
500 taken for speculation and export. Prices are
without change.
The Liverpool Share Market opened very firm
this morning, and throughout the day maintained

PEACE.
SIGNING OF THE TREATY.

REJOICINGS IN PARIS AND

its buoyancy, closing at the highest prices of the
day. Great Western of Canada shares were offered
rather freely, and in sonsequence formed an excep-
tion to other stocks as rear led prices. The fol.
lowing were the closing quotations :—Aberdeen, 131
13.1. Chester and Birkenhead, 1.51 151. Caledonian,
301, 30k. Chester and Holyhead, 14 10,-. Eastern
Counties, 10 10k. East Lancashire, 18:I 19g.. Great
Northern, 231 231 Ditto A 01- 10. Great
63t 641. Lancashire and Yorkshire
Stock, 87 871. Liverpool, Crosby, and South.
port, 16 161. London and North Western
Stock, 1011 1021. Manchester, Sheffield, and
Lincoln, 281 281. Ditto Preference, 11 Q 11a.
Ditto New o per cent. Prey, x ,4p. Midland Stock,
7 3:1, 74. North British, SZ 9i. North St:Jiro:LA-
I. South Eastern, 211 22. York,
end Berwiek, 191 101. York and
Midland, 28 281 Loeitt: Capital Stock,
Dutch Rhenish, 1:f lap. Ditto New
!a 2p. Great Western of Canada,
Ditto New Shares, 23 2a,). Ditto 2nd
4,4 2,1,p. Great Luxembourg, 7t

LONDON.

The labours of the Conference have terminated;
the treaty of peace has been completed, and
yesterday the booming of artillery announced to
the denizens of Paris that the work was accom.
plished, and that the treaty had received the
signatures of the Plenipotentiaries.

The fact is announced to us in the following
telegraphic despatch :

PARIS, SUNDAY EvENrso.
The treaty of peace has been fi:malty signed
this day.
The cannon of the Invalides announced the fact
by a salute of one hundred and one guns.
At three o'clock the prociamaLion of peace was
affixed on the walls of Paris. The proclamation
is in these terms .

The tolloNving is a statemeDt of trafli receipts

of the Great Western Railway of Canada by pas-
senger and goods trains for the week ending 7th
March 1856, and for the corresponding p:-Tiod last
year: —7th March, 1856—total receipts sterling,
8,552/ 8s Od ; 9th March, 185.5—d0., 7,4871 13s 10d.
Aggregate gross receipts from the commencement
of tha current half-year to date, 45,5581 14s 4d;
do. for the corresponding period last year,
28,7931 18s 11d.

The imports of the precious metals during the
week comprise-36000 ounces of gold per Admiral,
from Melbourne; 41,000 oz per Emma, and 11,689
oz per Lightning, from the same port ; the total
valued at about 355,0001. From New York, per
Baltic, 273,661 dots; and per America, 325,650
dols.; being a total value of 483,0351., including
1,0001. from Hamburg, and 1.5351. from the Penin.
sula. The shipments include ex Madrid, for the
Peninsula, 32,9601 in specie, 5,8591. in bar gold,
for Lisbon ; and 20,863/. for Cadiz ; making a total
of 59.6611. The governments of both England and
France are still remitting gold to the East, and the
Bank of France is still buying gold in the London
market.

In the Minting-lane Markets, which re-opened
on Wednesday after the Easter holidays, the
amount of business done has been limited. In
sugar, however. these has been numerous transac-
tions at about 6d per cwt. advance. Coffee has been
in little demand, and no public sales have taken
place. Rice has been heavy, owing to the imp
stocks now on hand. Tea has been quiet, saltpetre

has Len firm, and rum ha, continued to beheld
for higher rates, although the demand has not been
The recent panic in the tallow market has
led, and an improv,rnent of 61. per
Wednesday for early delivery,
he last three mouths. This

;lvt took lilac(
Ind is. per ewt. fol

chan',;e his been weasioned by trade speculations,
the prevalent opinion being that prices may have
ruled lower than circumstances warranted. During
the lat er part of the week, however, the market
again deidined about 6,1. per cwt.
The following are the Gazette average prices of
Muscovado Sugar, for the week ending March 25th,
1b:56, exclusive of Custom's duties payable thereon,

on the importation thereof into Great Britain :
From the West Indies, 25s 3d per cwt. ; Mauritius,
25s 7FI; East Indies, 26s Id. Average price of
the three foregoing descriptions, 25,4 4d.

We quote the following; review of the London
Stock Market for the past week, from the circular
of Mr. W. Avens

The Money Market during the present week has resumed
much of the stringency which characterised it a week or
two ago ; but the change is expected to be only temporary,
being attributabl- in a great measure to preparations tor
.he two loan instalments of 2,160,000/, to be paid this day,
also to the necessity of providing for the commercial
acceptances falling due in the course of next week, wh.eh
These influences

understood to be u

183 away

wally heavy

as t

peace will iiifusc new spirit into financial and commercial
qetations of eve!y d a. ri.tion, it is not improbab'e that
large reserves will be brought out for iavestment public
securities. Money is thus ex2,:cted grirhally to become
plentiful: wi•liout any danger of its being absorbed in
merely speculative enterprise.. The rates in Lom-
bard-street remain nownally the &irne as at the
B ink. On the Stock Exc:ninge they have
averaged more than 71 per cent; and some instances have
occurred in which a higher price was paid for temporary
advances. ONing to this being Easter week, during
which many members and dealers have been absent from
town, business has been dull upon the stock exchange in
all classes of securities. Consols, which closed on S dur-

PARIS, 00TH MAncn, 1856.
Peace was signed to-day at one o'clock, at the
Ministry of Foreign Affairs.
The Plenipotentiaries of France, Austria, Great
Britain, Prussia, Russia, Sardinia, and Turkey,
affixed their signatures to a treaty which puts an
end to the present war, and which, in settling the
Eastern question, founds tho repose of Europe on
a solid and durable basis.
(Signed) The Prefect of Police, PIETRI.

8.1
ianye
ea
;t, 9th2elyto for
h
closed
last
a tt
nightccou
tait,
lsohaatv9e2flutcottlated i‘hbeutlolwite
lowest
price has been 923 to The fluctuation, the.efore, has
not exceeded ; and the market may be described as
having been comparatively steady. There was some good
buying at 921 to;i, which imme,fiately produced an im-
provement ; but it not probable that there will he any
advance upon present quotations until peace is defi-
nitively announced. Railway stocks, though occa•
sionally flat have improved, and on the whole the
general tone of the market is good. The traffic
uniformly show an increase; in some lines to a
very considerable extent. The public are evidently pre-
paring for investment in this market, in preference to
consols ; and some of the best lines will certainly advance
in price. The settlement is now In progress. The rates
of continuation are high. On I ancashire and Yorkshire
and London and North Western they were aI per cent.
yesterday morning ; but in the afternoon they fell to 4,
which was the lowest figure for carrying over. On Mid-
lands, continuations were effected at 7-16 to 9.16, and
generally speaking these were about the average terms.
Foreign Securiti,i are not materially changed ; but they
are rather lower with the exception of Turks.
To-day in Loudon money has been in good
demand. The pressure has been rather heavy, but
the Loan instalments have, without any exception,
been paid up. According to current opinion
means will be fo .nd to carry on the services for
the year without placing the government under
the necessity of again borrowing. Consols have
slightly improved. They Closed at 921 to 93 firm,
mainly upon the expectatim of peace being an-
nounced either to morrow or on Monday. We have
heard of tittmerou, orders to buy at yesterday's
prices having arrived from the country ; hut in
Loudon there is not altogelber the saute degree of
clufidenee in a permanent rise, though of course an
advautte to some extent was anticipated. The
reelin,* the marliet certainly is good. The Rail-
is not altogether so buoyant as
improving, with a decided
all descriptions

This event has given general satisfaction, and
in the principal streets of Paris preparations are
making on a grand scale for a general illumina-
tion this (Sunday) evening.
The Patrie of yesterday says that the four
guarantees are comprehensively interpreted in the
treaty, and that the fifth paragraph has been
settled in such a manner ai to give to Europe
everything that could be demanded without, at
the same time, humilating Prussia.

A special supplement of the Moniteur was issued
last evening, announcing " that a treaty of peace
was signed that afternoon at one o'clock."

It adds that the plenipotentiaries of France,
Austria, Great Britain, Prussia, Sardinia, Russia,
and Turkey have affixed their signatures to a
treaty which terminates the present war, and,
regulating the Eastern question, settles the repose
of Europe ou a solid and lasting basis.
The Patrie also affirms that the Allies will retain
their position in the Crimea until after the ratifi-
cations have been ,xchanged.
To-day the Plenipotentaries wore their uniforms
and their respective decorations.
The news r,.ached the metropolis in the course
of yesterday afternoon, and a telegraphic despatch
informs us that at twenty minutes past ten o'clock
last night, the guns of the Tower of London were
filing a salute to announce the restoration of peace,
by the treaty having been signed and accepted.
The streets are now (11 p.m.) thronged with
people; and crowds surround the Horse Guards,
the Mansion House, and the Royal Exchange. It
is expected that at the last named spot the
Lord Mayor may appear and officially proclaim
peace.

No doubt on the reassembling of Parliament
this evening, after the Easter recess, Lord Palmer-
ston will, in his place in the House of Commons,
announce the glad tidings of peace having been
restored to this country.

a! vullt