The Northern Daily Times.
Liverpool, Merseyside, England, 1856-06-24 00:00:00

---LIVERPOOL, TUESDAY.

received, stating that there has been a considerable
rise in the value of rice, chiefly on account of the
scarcity of labour, caused by a malady which has
been fatal to the coolies working on the plantations;
more than one-half of whom have succumbed to its
fatal influence. There is a lai•ge number of ships
waiting for cargoes of rice at that port, which has
also stimulated the market towards the rise, and
the latest quotations are 80 rupees per 100 paniers,
and at this price not easily to be had, so that next
accounts mpy report a farther advance.
A telegraphic despatch from Copenhagen an-
nounces the important fact that the governments
of Denmark and the United States have concluded

a provisional arrangement relative to the question
of the Sound Dues, which will prevent any colli-
sion for the next twelve months between the ships
of the two States. - This amicable arrangement is
said to have been brought about by the mediation
of Russia, and will continue in force until the 14th
June, 1857.

The receipts on the principal French railways
during the week ended the 9th instant show a
greater diminution compared with the correspond-
ing period last year, than the returns of the pre-
vious week. The items are as follows

Orleans . • 1,227,182 fr. .. 2,188,142 fr.
Northern 877,797 .. 946,856
Eastern 750,627 ... 762,727
Western .. 768,791 ... 785,613
Lyons ... 763,068 817,277
Mediterranean 318.483 401,781
Bourbonnais 109,706 .. 216,109

The diminuticin has occurred chiefly in the goods
traffic, although there is a falling off in the passen-
ger traffic as well.

The Minister of Finance of Belgium has signed
the statutes of a Credit Mobilier Company for that
country, with a capital 30,000;000f in 500 f shares.
It adds that only 6,000,0001 of the capital will be
reserved for the public. M. de Rothschild having
taken 8,000,0001, M. Bisschoffsheim 7,000,0001, and

other great capitalists the rest. The president of
the board of directors is M. Lieds, who is at
present Governor of Brabant.
Nearly all the Stock Exchange Markets are
rising. The further advance in the Funds to day
was limited toe per cent, busineSs being inactive.
The closing pricey were quoted at 90,-. to 94/.
Railway Shares met with increased attention, and
experienced a fresh general advanee. The rapid
influx of gold into the Bank is now telling upon the
Money Market. Good bills can be discounted at 4
per cent, and in the Stock Exchange to day loans
were obtainable on stock at the reduced rate of 3 to 4
per cent. Under these circumstances, it is Clear that
the Bank must either promptly reduce its rates or
lose its business. Next Saturday falls due an instal-
ment of 1,000,0001. of the New Loan, but on the
other hand, the mass of dividend money will be
released in little more than a fortnight, and will
add largely to the supply of capital seeking em-
ployment. In the belief that we are on the eve of
a further general reduction in the value of money,
investments are stimulated in all quarters.
The subjoined were the closing prices of Railway
Shares :—Caledonian, 62* 62k. Eastern Counties,
10 15-16 1.1 1-16. East Lancashire, 82 84. Great
Northern, 96 96k. Ditto A, 781 791. Great Western,
62* 621. Lancashire and Yorkshire, 96 96/. Lon-
don and North Western, 1041 1041 Manchester,
Sheffield, and Lincolnshire, 31/ 32/. Midland Stock,
818 82k. North British, 37 38. South Eastern
and Dover, 731 74. York, Newcastle. and
Berwick, 951 961. York and North Midland,
601 61'.

, The Lord Chancellor has appointed Mr. Charles Saun-
ders, the present Recorder of Plymouth and Devonport,
to the County Court Judgeship, vacant by the death of
Mr. Willmore.

THE IRISH EDUCATION VOTE.—Last night, Mr. Chi-
chester Fortescue in the House of Commons, submitted
his motion, having for its indirect object to rescind the
resolution carried by Mr. Walpole on the subject of the
system of national education in Ireland by a majority of
ten votes. Mr. Walpole accepted the terms of Mr.
Fortescue's proposition as an addendum to that he had
carried- After a debate which lasted the sitting, and after
two divisions on as many motions for an adjournment, the
resolution was adopted without a division amidst loud
cheering.

TEE ABJURATION BILL.—The House of Lords, last
night, as will be seen from our parliamentary report,
rejected the Oaths of Abjuration Bill. The motion for
the second reading of the bill was proposed by Lord
Lyndhurst in an able speech, but the proposition was
met by an amendment moved by Earl Stanhope, that
the bill be read a second time that day three months.
On a division, the numbers, including proxies, were :
For the second reading, 778; against it, 110, giving a
majoritynf 32 votes. Thus the bill was lost, and with it
the prospect of the admission of Baron Rothschild
within the portals of St. Stephens as member fur the
City of London.

THE RAILWAY STRIKE. —The question of the strike is .a
serious one to all parties as well as to the commerce of the
town, and requires au immediate decision of the question,
whether the old staff is to resume or not. The article in the
NORTHERN TIMES of Saturday seems to have echoed the views
of those practical men who have considered the subject of
strikes, and it really seems strange that no mediation has bee❑
formed to reconcile the conflicting interests involved, and
arrive at the just conclusion which the subject admits ot.
It cannot be denied that the new manager has not under
stood the temper or characteristics of Liverpool men—that
the new hands are not as yet of much use—that many of the
strikers are betraying their cause, and " eating humble pie"
to the company. It must also be admitted that besides the
mere loss of profit to the company, and the claims for deten-
tion of goods, the much more important question remains of
diversion of tragic into competing routes, although .the
few old hands' (about one-tenth) who remained from excep-
tional circumstances, have laudably exerted themselves to
the utmost to save loss, and promote the business. On the
other hand, if the men have not gone very amiably about
their grievances, it cannot b 3 denied that they had given a
sort of warning by their memorial which was not attended
to, and it cannot be expected of men in that class of labour-
life to stand on punctilios of notice or convenience. They
tell their grievance in a rough off-band way, and if no
remedy be found they know only one abrupt mode of show-
ing their intentions, but without any ill-feeling to prompt
them. Suppose the company to succeed in establishing a
new staff, after months of labour, feeding, and daily loss,
still they will have no guarantee that the new staff will not
in their day, rebel for higher wages and liberal treatment
when they have .mastered. (if they can-do it under two or
three months' pr diation) the intricacies of the goods
stations. The NORTHERN -TIMES was the first to foretell the
strike, and as its article was copied into Herapath, and
quoted with approbation by the men, they cannot be
accused of bowing to the company. It is equally clear that the
men hgve not gone a business way about their grievances
since they refused to work, and that if a practical head or
two were to be interposed, between the, violent leaders of
the men, and the equally positive heads of the company,
an arrangement might be arrived at which would secure a
"fair day's wages for a fair day's wotk," and both parties
from further loss. It is well to have a giant's strength, but
the company must not, and we believe will not, use it as a
giant.

PREFERMENT.—The Rev. Charles Hutchison Newbold
has been licensed by the Bishop of Chester to the office of
clerk in orders of the parish church of Wigan, upon the
nomination of the Rev. H. J. Gunning the rector, vacant
by resignation of the Rev. Henry Maclean, the late clerk in
orders. .

DUVATIONT or PACPER CIIILDEUN.—A. deputation, con-
sisting of Mr. Rickards, the chairman, Mr. Hodgson, the
vice-chairman, and Mr. Harrop, the clerk of the Manches-
ter Board of Guardians, had an interview with the Right
Hon. E. P. Bouverie, on Saturday, at the office of the Poor
Law Board, Whitehall, on the subject of the education of
the children of ont-door paupers.
FEIGHTFEL COiLIERY ACCIDENT. --At six o'clock on
Friday night a • terrible 'catastrophe took place at Lord
Dudley's Old Park Colliery, near Dudley, which is worked
by butties. Eight men and boys were ascending the shaft
in the skip, and had actually reached the top when the
chain to which the skip was attached suddenly snapped
asunder and th 6, • were precipitated headlong to the battcm
of the pit, a distance of 145 feet. Five of the unfortunate
creature were taken out lifeless ; and the remaining three
died immediately after their removal. The melancholy
occurrence hat occasioned great excitement. A .