The Express.
London, England, 1857-12-17 00:00:00

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LONDON, THURSDAY, DECRIER= 17.

Weitz taking 041111111111 M meek the winking, of
Ultra-Mootaniens is ether ciewshiss. sad showing, sa
we Wm lately dame is win than is. iastaace, how
hieeterate is its entered= to the tree spirit of con-
stitiational feesdem.it emakibeasignelerrer if weoeer.
looked the prima hem time to dm, abated of the
diligence with which its world-wide ethana are
steadily panned is oar owe. Those schemes are
coolessedly emnrehometre in the widest sense.
They are limited, is het, by the canapes only of
Christendom itself. Wherever Christianity prevails
it is the political ambition of Rome to gain
ascendancy and deminioe--seeendaacy over the
civil conscience, of men, and dominion over
their social interests and national institutions.
With this new, education in all its branches and
in every stage of development, from the primary
wheel to the scientific elate of • wrivereity, is
watched with vigilant eye, and grasped, wherever
poosible, with exclusive hand. If the rising genera-
the wawa be Maculated successfully with the
belief in macerdataliemb they may grow ni3
lightened mow, {oral citizens, and morel men, but the
power of the Church will not be incresesel, and the
democratic habit of asking questions, inquiring
reasons. cud exacting responsibility from those M
lofty tulles, whether clerical or lay, is not likely to
be abated. And this habit, which is the fruit, the
precious and pricelas fruit, of Protestantism la
literature, in society, sod in public life, Ultra-Mos-
tamale in every free ',matey is labouring to
destroy. With signal pliability and subtleness indeed
it yields much and long, in order to secure a well-es-
tablished footing, ere it avows its real purpose and
design. Before the paean of the Relief Act of
Pe*, mid for some time afterwards, Catholic teachers
in England and Ireland complained that the sons of
the wealthier classes of their communion were not
allowed to enter the Universities as equals with their
Protestant brethren, and to compete for collegiate
hewers and emoluments with them. Now the tone
is altogether changed. Pious persons arc admonished
net to pleas their sow in contact with the youth of
other perwasiotri; no demand is any longer made
Sot the unsectarianising of Dahlia University;
while t►at of London, as well as the Pro-
vincial Colleges of Belfast and Cork, where
complete equality exists, we pieced under interdiet
by the Prelacy and Priesthood attached to High
Church Catholic principles. The attempt to establish
an exclusive university under clerical auspices is
steadily persisted in ; and until a new institution shall
be able to afford something worthy of the name of a
university education, the Roman Catholic gentry
sad middle clams are counselled to he content to
seed their sons to no seminary of the higher kind.
What seems to as far more important as a sign
of the times, precoooitory measures have brim
already taken for breaking up, if possible, the system
of neutral or unsectarian instruction that has
been maintained for upwards of flue and twenty
years in Ireland under the auspices of
what is celled the National Board of Bisect/ea.
Prom the hour that Archbishop CULLEN 'seamed
the reins of ecclesiastical government in Ireland, as
religious viceroy of the POPE, it was felt by many
that the system in question was likely, sooner or
later, to be exposed to his hostility. It was impos-
sible not to recognise in all that was publicly said
and done by him a foregone conclusion against the
policy of compromise with, and toleration of, direst
born the views of the Propaganda. Dr. enamel
predecessor in the Roman Catholic primacy, se well
as his predecessor in the the of Dahlia, was deeply
imbued with the policy and piety of seeteetee peace;
sad with two or three exceptions the Rama Catho-
lic hierarchy, up to the period referred to, steedsly
and strenuously supported the scheme of N•tiaaal
Edscation, not perhaps as the most mead-
dent with dogmatic theories, but se the best
that could be obtained,—,s a really efficient
method for imparting the advantages of a mend
and pare course of practical instruction to the multi-
tudes of children whose parents were of their docks.
The presence, up to the day of his decease, of the
late Archbishop &traitor, at the Mixed Board in
Dublin, was nfficient guarantee against any design
or tendency to proselytism; and the continuance,
stow then, of Bishop Dee rill in a like capacity,
constituted in itself a plain and palpable answer to all
objections founded on the plat of Roman orthodoxy
being endangered. So long as the last-named Prelate
retained his seat at the Board, it was obviously diffi-
cult to sisal its teaching openly as " contrary to
" faith or morals," and as the first attempts
el the sew Archbishop to engage the sus-
picions of the parochial prieothood, or of
the laity of his own immediate diocese, on his
aide in the matter, threatened to prove siessesedal,
the impatience of the Vatican was mused that the
affair amid take time, and that the fortreos of
popular enlightenment and mutual toleration' mad
be written) mined before its gates were motile&
Seven years have accordingly been diligently Veld
la preparations for this and other enterprises et •
Mettler character. As vacancies have occurred la
the Raman Catholic hierarchy, they have been
systematically filled up by mco, generally of
ability, bet always of known attachment to Whs.
Moetane views. The traditional privileges of eke-
bon by the priesthood of each diocese, which
formed • salutary check ulna Italian fanati-
cism, have bees sternly trampled under foot
by the Papal Legate, whose cominees have, we
belie,,, is almost if set in every instance, bees
sonaremed at Rams. A compact arid docile majority
ia the national Synod—should that be appealed M—
hos t►us Wee seamed ; tte minority are helpless I
&amnion is all over ; ii:cut and absolute aseeedeaey
has bees raised, and inexorably, as far as the Pre-
lacy an camersed, it will henceforth be used. It

is not permitted to tb penetAte• the
solema mysteries of intolerance. The result.sidkfimy
and sad, are all that meet Rai" nain rye.
Not very long since we *el that".tloe
•ve-
nerable Bishop Dzima had Inceived a nab-
date to attend in Rome in terms whose
accusatory significance is not to be mis-
taken. Ere he quitted his native shores, he
disused it prudent or necessary formally to resign
Ida mat ass member of the National Board of Educa-
tion. No clause, at least no adequate cause, was
'Weed; sad the act, as may be 'apposed, gave
rim Is army doubts and perplexities in the minds of
them who hod all their lives been accustomed to
look up to the exemplary Bishop as a pillar of the
Church ...se-militant here on earth. Then rumours
spread that 1)r. DENTII half regretted what he had
done as inopportune and precipitate, and some went
even the length of saying that if ever he came back
from Rome, he would vindicate the consistency of a
long life spent in soothing rather than exacerbating
differences, and preaching Christian equality, not sew.
Irian rivalry and ambition, by resuming his seat in
the Direction of Mixed Education. We are not to
pry too closely into personal sentiments or motives.
These, after all, signify but little. The purest and
stateliest life-bubbles on the surface of the stream
pass out of sight and remembrance, but the current
of affairs flows on without being perceptibly
changed. The power of resistance in the Roman
Catholic Prelacy and Priesthood of Ireland to the
arbitrary dictates of foreign domination seems fur
the present to be gone ; and unless among the laity
there rises up a spirit such as that we have seen in
Catholic Belgium and in Catholic Piedmont, we must
prepare to see education in every grade, and intel-
lectual culture in every form, reduced beneath
the yoke of clerical domination. The other
Roman Catholic members of the Board have
not yet withdrawn ; and some of them may not do
so for some time. Bat the way is paved for sepa-
ration, and all confidence in the durability of the
salted system is paralysed. The next thing we
shall hear of probably will be a demand ham Parlia-
ment of separate grants for the different Communions.
All the bigots and firebrands of every sect will swell
this cry, until the existing system Is overthrown;
and, that once accomplished, if accomplished it
shaald be, they will then instinctively turn on one
another with uncontrollable animosity. What a
prospect for good and just men in Ireland of all

Ton proems of living on other people's property,
at all events after the process of detection has set in,
does not appear conducive ton robust state of health.
Mr. CAMERON, of the British Bank, was for some
tines so gnat i sufferer ea to render his absence at
Continental watering-places a matter of profit' ne-
cessity. Colonel WAUGH, of the London and Eastern
Bank, has long been in the same interesting and
premier condition; and now Mr. J. C. STZPIIENS
—the active and indefatigable jackal' of that pro-
digious golden lion— has been suddenly obliged
to decamp tram Edinburgh under stress of
an raininstime which has proved too much
for his nervous spawn. The man has been
asked questions which have violently disagreed
with him, because they have left him no
alternative between the commission of perjury and
the confession of plunder. The tormentors have
followed him actor the borders : the Land of Cakes
offers an asylum for runaway couples, but not for
runaway insolvents. There is no Gretna-peen for
eloping bankrupts. The Scotch law professes, in-
deed, in cases of insolvency, to exclude as irrelevant
all inquiry into the moral turpitude, or even the cri-
minal !aches, of they who apply for its protection,
except In so far r either may have had a ten-
dency to affect the amount of the dividend.
Bat this rule, although it occasionally stopped
the investigation at a much caviler stage
than would have been the MO on this side of
the Tweed, did not prevent a very thorough exposure
of the mismanagement to which the depositors end

shareholders of the Lead= and Emit= Bank have
been victims. Mr. STLPIIINS was made to tell his
own story, and a very pretty little romance of rsa-
eality was the result. Originally an assistantenr-
pea in one of her kLuarre's regiments in India,
this dexterona adventurer, in the beginning of 1856,
became the manager of the London and Eastern.
He does not appear to have brought anything of his
own into the concern, except an instinctive know-
ledge of dupes and an acquired connexion among
nabobs. He wan also en adept in the new philosophy
of banking. His capacious mind had thoroughly
mastered the theory that a bank is primarily an
institution for collecting the savings of the indus-
trious as material for the enterprises of the specula-
tive. With these qualifications and this guiding
principle he set to work on a scale of " greatness,"
that Mr. JONATHAN WILD would have admitted to
ba baroic.

Colonel WAVGH, Cato of Belgravia and Branksea

Coatle—now of Malaga, or some other Andalusian or
Mediterrauean ',treat auspicious to nerves shattered
by Baokruptcy—found Mr. STEPHENS eminently
useful to him. The Colonel was jut in the position
which makes Bank accommodation especially desire-

be.. He was doing the Nabob in Belgravia--his wife's
millinery bills (since shown up in Basingball-street)
rivalled the outlay of Empresses—he had built him-
'elf a castle at Branksea Island, and had found a
vein of clay there, which only wanted a Company to
mark it. To this magnieoent millionaire, STEPHENS,
ssi ad acquaintance, was only too proud to do the
bassi of the Bank. It was to serve such enter-
prises, sad such a man, that shareholders subscribed
sad depositors invested. A more legitimate appro-
priation of the savings of industry could not be de-
sired than the support of Mrs. WACOWS wardrobe
and opera-box—the Colonel's castle and clay-pit.
To these laudable purposes Srtritru4--always, of
tonne, with the sanction of the directors—devoted
out of the Bank funds an aggregate of some
240,000!., which happened to be within a trifle of
its whole paid-up capital.
The late

_ however, by no means
confined his attentions to Colonel WACGA ; he
found time and opportunity for various other deve-
lopments of the modern theory of banking. Di-
rectly or indirectly ho became a partner in some
half-dozen other concerns, by the simple pro.
was of advancing the capital of the Bank,
either on insufficient security or no security at all.
At one and the same time he had on his hands the

following bond frie undertakings :-1. A commission
agency to India. 2. A wharlinger's business. 3.
A watchmaking business. 4. An upholstery buri-
sm. 6. A pianoforte manufactory. In all these
enterprise., except one, he was a partner ; for all
alike be supplied capital by dipping more or less deep
as the specusion required into the Bank till Sacb were
a few et the little facts that came out on the Edinburgh
examination of Mr. STEPHENS ; it is hardly to he
wondered at that, after roar days of this sort of week,
he became nervous in his manner and =famed 'shim
answers ; in fact, that he experienced all the inci-
pient symptoms of that description of malady which
bas so often made Continental travel a painful
necessity to gentlemen in like interesting situations.
Whether Mr. STLPIIViII has any intention of joining
Colonel WAUGH in his sojourn amid " the sublime