Northern Times.
Liverpool, Merseyside, England, 1859-02-22 00:00:00

SECOND EDITION.

NORTHERN TIMES OFFICE, TUESDAY, 9 A.M

THE MINISTRY.
The Advertiser says hostile. motions will soon be
brought forward in the House of Commons, and the
result, it is, fully expected, will be to precipitate a
Cabinet crisis.

The Post hints that the. Ministry must, for the
sake of peace, announce their policy, and secure
the sanction of the country to it, or give place
to those who better understand the crisis. It is vain
to meet this demand with the retort that it is esti-
mated to form a war party—the assertion is untrue. The
only,parties likely to endanger peace are her Majesty!s
ministers, who do nothing for its preservation. The
actual war party is on the Treasury benches.

THE GOVERNMENT MEASURES ON CHURCH

RATES

The Times says that Mr. Walpole's bill would lie a
dead letter from the day of its enactment, and a measure
so utterly impracticable hardly deserves consideration.
The Daily News says 'the •measur, is complex, but in
its relations to the dissenters is is of a simple character.
The Herald remarks that, all that Mr. Walpole could
hope to achieve was a reasonable compromise, and the
general feeling of • the house seemed to be favourable to
his proposal. ,
. _

The -Star states the is conceived in the spirit of
conciliation, but it is equally inconsistent with the prin-
ciple of an establishment and with the principles of
voluntarism.

COIVIMERCIAI

The gloom in the Stock Exchange is deepening. The
warlike alarms incessantly raised on the Continent,
countenanced as they are by the well authenticated
accounts of universal armaments, are evidently sinking
more deeply into the public mind. The Funds have
fallen per cent., and in nearly every other department
of the Stock Exchange decided depression prevailed.
English, French, and Lombardo-Venetian Railway
Shares present a general fall. In nearly every instance
the closing quotations were the worst of the day. The
supply of money is still far in excess of the demand.
First-class Bills were discounted to-day at 2 to 14 per
cent., and in exceptional instances even a fraction lower.
About £14,000 in gold was sent into the Bank. At
Paris, to-day, the Three per Cent. Rentes showed a fresh
fall of Ito per cent. At Frankfort, Vienna, and
Amsterdam, on Saturday, a fresh fall of to 2 per cent.
took place in the Austrian Funds. The Calcutta Ex-
change presents no striking alteration, but the China
Exchanges have sustained the important decline of 3 to
4 per cent. This movement will probably reduce the
future shipments of silver from this side.—Daily News
City Article Monday Evening.

The signs of apprehension in the Stock Exchange
continue every day to become more manifest, and the
English Funds have closed this afternoon at a further
decline of I, per cent. The increase of distrust -to-day
was chiefly attributable to the visit of Lord Cowley to
London, coupled with the warlike preparations on the
Continent. The Continental Exchanges, especially from
Holland, Hamburgh, and Paris, -present a firm appear-
ance. The various purchases in London of saltpetre and

other articles of produce connected with the reqUirements
of war have assisted in producing the tendency. The
telegram from India and China to-day reports a fall in
the rates of Exchange, which will tend to lesson our
exports of silver. The decline has beck equal to one per
cent. at Hong Kong, and 2 per cent. at Shanghai. The
new Austrian loan has fallen to 14 to 1 discount.
Thursday is appointed settling day, out the stock is not
to be quoted in the official list, owing to the subscription
having been incomplete.—Times City Articles Monday
Evening.

Failures continue to take place in various parts of
France. The most recent is that of Messrs. Bodin, Lich-
tenstein, and Co., of Marseilles.
The Chieftain has arrived from China, with 742,000
lbs. of tea.

The Brighton-Railway traffic return shows, this week,
an increase of £1,404.

The death of the Duke of Buckingham is contradicted.
The contest for Marylebone, between Colonel Romilly
and Mr. Edwin James, is expected to be a sharp one.

Lord Cowley had an interview with the Earl-of Derby,
on Monday, at his official residence.
PRINCE ALFRED. —The Enryalis, with Prince Alfred,
arrived at Alexandria on the 12th instant. One of the
finest of the Pacha's palaces was prepared for his recep-
tion.