Northern Times.
Liverpool, Merseyside, England, 1859-12-16 00:00:00

east b)1

Unless previously Sold by Private Bargain.
On Tuesday, the 10th January next, at the Office of the Clyde
and Mediterranean Packet Company (Limited,) Madeira-
buildings, Glasgow,
The Screw-steamer Sr. ELMO,
181 tons nett, 266 tons gross register.
Further particulars, and orders for inspection,
may be had on application, at the Company's
• Office, to
THOMAS MEIKLE.
, ,

CURRY, KELLOCK, and CO.,
~ • BROKERS FOR THE SALE AND PURCHASE
jr....etis4\ OF SHIPS.AND STEAMERS, SHIP VALUERS
4, AND APPOINTED BROKERS To THE HIGH
COURT OF ADMIRALTY Walmer-buildings,
. _ •
Water-street.

ROBERT A. MUNN and co
ADMIRALTY BROKERS, " •

MONETARY AND COMMERCIAL.

LIVERPOOL, Thursday Evening.

In the Cotton Market to-day a fair amount of
business was transacted, but as there was an evi-
dent desire on the part of holders to sell, no im-
provement in prices took place. The sales
amounted to 10,000 bales, of which 3,000 were
for export or taken on speculation.

In the LiVerpool Share Market there was
again a good deal of buoyancy, business con-
tinuing good during the whole of the day, and.
the market closing at its best point, with an
improving 'tendency. Great Westerns, powers,,
and Midlands were in request. The transactions
included Birkenheads at 781 ; Caledonian,.93l, 1 ;
Eastern Counties, 111 ; Edinburgh, Perth, and
Dundee, 30!t ; Great Northern, 107 Z ; Great
Western, 60.-4 1 a 1 1- 70;, Lancashire and
and Yorkshire, 1001 109 g 100 ; Lancaster
and Carlisle Con. Stock, 202 ; Lancaster and
Preston, 491 p. ; London and North-western,
99 8i 9 ; do. 1-shares, 7-16 d. ; Manchester, Shef-
field,rand Lincoln, 371 1 8 1 8; Midland, 109 c.;
North-eastern--Berwick Stock, 951';, North Staf-
fordshire, 31d..; South-eastern, 25 3-16 ti 3-16,
3-16 c. -1,3161- 3:16 ; Warrington and Southport,'
B;ri ; Grand Trunk of Canada, 101 13-16 ; Great
Luxembourg Five per Cent. Oblig., 31 ; Preston
and Wyre 1-shares, No. 4, 23 ; Liverpool and
London Fire and Life Insurance, 7 1-16 p.

CLOSING PRICES.
Chester & B'head 784 781 N. E:Ber. c. Stock 953 961
Caledonian .. 931 93:1 Yorkcapital Stock 791 79
E. Counties 1113-16 11.4 Leeds Stock :... 49 49*
G. N. Stock .. .. 106,1107* S. East. .... 258 26 3-16
Great Westerns:. 691 70 Dutch Rhenish ..5 ad qd
Lan. and York ..100 1001 Gt. Luxem. .... 71 71
Ln.i& Nor. West. 99 991 G. T. Cana. . 101 101
„ -k-shares 7-16 I,d G.W.Ca,n.l3 9-.16 13 11-16
M. S. and Lincoln 38 381 new shares. •6& 68d
'MidlandStock —lO9/ 109* Buffalo & L. Huron 48 5
N. British Stock .. 621 62* Great Ship .. 11 0 12 0
N. Stafford
LONDON STOCK EXCHANGE.

I• Thursday Evening.
The Market for English Securities was firmer.
in tone. The Bank rate of discomSt was not
altered, and although no great amount of business
was done in stock, Consols were quoted at a
higher figure than that at which they closed
yesterday. At the close of business, however,
they exhibited indications of greater weakness,
although not in that respect exceeding what had
been 'experienced at an earlier period of the day.
The Market continues firm, Consols being 95ii, 951.
The New Threes and Reduced are , 953.,
951. Exchequer Bills, 28s. prem. India
ilsahearttssi.oct Q'TI 071 • oriel sli++n M.CrUT T-et"

Account, 1044- 1041 cx div. New Indian Five
per Cent. Loan is firmer, being pioted.lo4-1 tot.
Shares of Ocean Marine Insurance are marked at
11 to 1.1 pm.

In, the English Railway Share Market greater
firmness was exhibited in the current prices,
Which in several instances again advanced. Cale-
donian, Eastern Counties, and Berwieks are per
cent. higher ; Great Western have improved fully
1 per cent., and South Eastern 1 per cent. •
The market for Foreign Securities has been
operated in to a moderately fair amount, and on
the whole values were steadily maintained.
Mexicans have realised 22i. Spanish are firm,
at 45i. Original Turkish have been dealt in at
77, and the New Sixes at 66 to 66.1.

The quotatiou for French Rentes at ten
minutes past twelve was 70f. 60c., the market
stated to be rather firm.
The Norfolk has arrived in the Channel from
Melbourne, with 68,000 ounces of gold worth
£272,000.
THS rVNDS.-CLOSING PRICES.
Consols, Money. Bank Stock.... 227 9
EacecciouertitillE; gill 301 Three per Cents 951 I

RAILWAY SHARES.
Amb. Not. &E. J 61 Lancas. & York.loo4
Caledonians . . .93 L. &N. West... 99fr s
Dutch Rhenish . . L. and S. West.. 98-
Eastern Counties. 581 t Leeds Northern.. 48/ 9
East Lancashire. Man. Sheff. & Lin 371 81
Edinburgh & Glas 81 82 Midland Stock —lO9l
Great Northem 1061 7 North British ... 62
f „ A. 95 96 N. Staffordshire.. -
Gt. Westerns.... 70 HS.E. & Dover .. 83-k 4
G.W.Cana 137 York,N.& B. .. 95 6
Gd. Tk. Canada lOl t, York &N. Mid... 791 80
Gt. S. and West. 111 113

The following appel
impression of yesterday

gyred in a part of our

THE GREAT SHIP COMPANY.
The terms granted by the directors of the 'Great
Ship Company for a loan of £40,000, for six months,
on mortgage of the Great Eastern, are 71 per cent. per
annum. The lender is Mr. M‘lienzie.

. RAILWAYS. •

The Times city article says, the railway market con-
tinues to show considerable animation, and in nearly all
the leading lines a further rise has taken place. Lan-
cashire and Yorkshire has advanced to par.
The four great railways north and south of London,
viz., the Great Western, London and North-western,
the Brighton and South-western, have, agreed to make
tells! 3'Nie links across the Thames'and elsewhere, to
shares
tablisuish c tommunication between the whole. The
Great Western
of a city "mim yesterday, on the proba-
bilities=cation.
COMMERCIAL.
The liabilities of the Prance_Bele Surefinery, at
Marseilles, amount to £500,000. one
the loss will
fall on London.
The Times says it is stated that a degree of anima-
tion pervades, in the absence of business, throughout
the country rarely witnessed in December.
The non-confirmation of the recent rumour that the
Moscow Railway had been purchased from the Russia,
Government by Messrs. Rothschild has caused a relapse
in the St. Petersburg exchange.

The rates of freights are reported very firm. The
orders by the Australian mails, though not large, were
considered to amount to a fair average, and the price of
£4 to £4 10s. per ton register is fully maintained for
ships to that quarter.
The transports for conveying stores to China are all
fast steamers, and are expected to perform the voyage
to Hong-Kong under 80 days. Each of the vessels, it
is stated, is hired for six months certain, at the rate of

iZ1;6110-per rittinth,..the entire consumption of Inel to-be
At the cost of the Government.
MONEY. MARKET, &c;
The announcement of a sum to be raised for-dockyard
fortifications cadged English' funds to open this morning
at a decline of 8, but the market was again firm at the
close, the feeling of political confidence "being strength-
ened rather than weakened by' each symptom of defensive
vigour. The demand for discount to-day has been less
active.—Times. •

Although considerable buoyancy was shown in some
departments of Stock Exchange, funds, to-day were flat.
The principal feature of the, day's business, however, was
a very animated demand, which sprung up in the after-
noon for British railway stocks, leading to a general
and marked rise in prices. There were no transactions
in bullion at the Bank to-day.—Daily IVews. .

LIVERPOOL COTTCN MARKET.—DEc. 15,

There has been a fair business, in cotton to-day; •but
with an evident desire to sell, no change can be noticed
in prices. The sales, including, 160 Pernambuco, at
71d to 81d ; 240 Bahia, 7d ; 26 Maranham, 91d; 200
Egyptian, 8d to 91d; 3,000 Surat, 4d to 57d; are
reported 10,000 bales, of which 3,000 are on speculation
and for export.—

LIVERPOOL PRODUCE MARSET.—DEcT 15.
, SUGAR.—The demand is confined to West ' India
descriptions, of which 46 hhds. Demerara are reported
at 395. to 395. 9d., with 80 bags_ grainy, all faults, at
44s._.3d—to_44s, 6d., 50 hhds, Barbadoes -at 375. 6d., ex
quay, 65 hhds. Surinam at 375. 9d. to 405.; and 35:1thds.
Porto Rico at 425, 3d. to 445. per cwt.

MOLASSES.—The sales. consist of ..200,,nuncheons
Antigua at 18s. Gd., and 100 puncheons clayed Cuba at
14s. per cwt. from the quay.
COFFEE.-50 tierces
,Samaica have changed., hands at
steady prices.
busiaess is confined to 800 bags Bengal
at fls. 3d. to 125., and 600 bags Ballam, all faults, at
Bs. 6d. per cwt. for fait clOs. . .
PmIENTo.-350 bags have realised 34-d. to 31d. per lb.
LINSEED.-1,100 bags (single bags) Bombay, at 51s.
per quarter.
SAGO FLOiTit,--50 hags, at 15s: 6d.: per ewt:.
DMVOODS.-60 tons St. Dorripigo LOgwcßid, at-£5
ton, Tr ; . .
DRVSALTida.9; &c.=lo casks Of Cream of Tartar, at
130 s. 150 bags Palermo Sumac, at 12s 6d. 250 bags
Divi Divi, at 12s Ad. 100 Vales heated Gambier, at
16s.- 16 cakes of African Beeswax, at £8 10s•tO £Blss.
20 tons Nitrate of Soda, at 14s 9d to 16s per cwt
Small sales of 3rds and 2nds Brimstone, CI £B'los to £9
respectively. : Pearl Ashes, 27s 6d to 28s ; .Pefi 27S '3d
to 27s Gd. 40 bales Turkey Madder-roots, 52s 6d. 57
packages Sierra Leone Gum Copal, at 595, to 145 s per
cwt.
Orns, &c.—Palm, £44 lOs to £45. Olive firm, and
in fair demand, 28s 6d refused for Linseed Oil ;in town-
casks.. 650 brls common Rosin, 4s ld to 45,2 d. Spirits
of Turpentine, small sales, 34s per cwt.

LIVERPOOL AGRICUL7
s. d. ' £. d.
Hay, old
Ditto, new 0 91 n 11
Ditto, clover 0 :.. 0 11
Green Clover
Vetches 0 0 ...0 0
Straw, wheat
Ditto, oat
Gift°, barley 0 4 0 41-
Oats, in ,straw 0 0 ... 0 0
Potatoz, flukes 3 3 ... 3 6

tRAL MARKET, DEC. 15
3. d. s. d.
-Pototos, kemps 3 6 to 3 '8
Do. Seedlings. 2 4 ... 2 8
Do. whiterbeks 2 4 .. 2 6
Do. Balshaw . 0 0 0 0
Do. Beldrums. 0 0 0 0
Do. cattle 0 0 . 0 0
Turnips 22 0 ' ...21 0
Carrots
Mangelwurzel2l 0 ...23 0
Manure 5 0 6 6

LONDON PRODUCE MARKET.---DEc. 15.

SuoAn.—The market continues very firm, and full
prices are paid. Refined, prices are again rather dearer;
brovEn_ amps 515..6d.. --
COFFEE.-131antation Ceylon was not at extreme rates;
low' middling and middling, 645. 6d.
TEA.—The demand has rather imprbved, and the
business done is at a slight improvement
Rica:—ln moderate request; while'Bengal sold at lls.
to lls. 3d.-; old Rangoon, 7s. ; new, 9s. 3d.
SALTPETIM.--For. 120 bags, refraction 6A per cent,
38s. 6d. has been paid.

. ,
LONDON TALLOW MARKET.---DEc. 15.
J. Lel, theauy Lo-tia), iil. Lau tutlie.aeu prium
Town tallow, 555. 6d., net cash ; Petersburg Y.C., on the
spot, 565. 9d. ; all the montla,s6s. 6d. ; January fo-March,
565. 3d..; March alone, 565. 6d.

LONDON MINING- MARKET.—D9c. 15.
In the Mining Market to-day there have been a few
inquiries fOr East Basset shares, which have been dealt
in in • the Stock Exchange at 125.- The price is now,
however, rather flat, at 120 to 122 g. West Caradon
are marked 72 and 721' and are quoted 71 to 73. Card-
borne Vean are quoted 325. 6d. to 355. ; .Tin Croft 5 to
51 ; Kelly Bray, 3i to 3'l ; Stray Park, 191- to 20+
and East Wheal Russell, Ili to -s. St. John del Rey
Mining Shares are more inquired for, and have been
dealt in at 19: -Great Northern Copper (South Australia)
are quoted k to + prem.
•
•
LONDON CORN AVERAGES.
The average prices of Corn, imperial measure, in Eng-
land and Wales, for the week ending Dee: 10 :—Wheat,
435. 11d.; Barley, 355. 10d.; Oats, '2ls: 5d.; Beans,
41s. id.` ; ?eas, 395. Id. .
1

BOROUGH HOP MARKET.--DEC. 15.
Market still very firm for nearly all new hops, and
very few .sellers are coming forward, unless on higher
terms. Yearlings steady in price.

. .
METROPOLITAN CATTLE MARKET.—Dac.. 15.
To-day's-market was extensively supplied with beasts,
for the most part in prime condition, and the beef less
active at a decline of 4d. per 8 lbs. Sheep, calves, and
pigs in good supply and slow request, at Monday's
currency.
Beef 3s 2d to 5s Od Veal 4e 2d to 5s 2d
Mutton 3s 4d to 5s 4d Pork 3s 6d to 5s Od
Lamb Os Od to Os Od I Bibs.
TOTAL SUPPLY.
Beasts
• „ foreign ...... .. 250 Calves
Cows
foreign
Sheep
,foreign
• MANCHESTER CORN MARKET.—DEC. 15:
Market slenderly attended by buyers. Wheat held
firmly, and in some instances for rather more money,
but the sales effected were very. limited. For Flour
there was scarcely any inquiry ; prices, however, remain
unchanged. Oats and Oatmeal ruled steady, and for
the latter there was a better demand. English Beanii
declined 6d. to ls. per quarter, but Egyptian no lower.
Indian Corn was fully as deg" with rather more doing.

MANCHESTER SHARE MARKET.—Dze. 15.
Midlands, 1091; Trunks, 10i -I; Sheffields, 38; Lon-
dons, 98f I 9i; Dovers, 23 5-16 1, 1-16; Great Wes-
terns, 701. 4 a- 70.

BIRMINGHAM CORN MARKET.—DEc. 15.
This day's market was only moderately supplied with
wheat, and speculators being eager to purchase, an
advance of 6s. per qr. was realised on all descriptions.
Barley dull, and rather cheaper. Oats taken in limited
quantities, at quite as good prices. Beans and peas
tending downwards.
DUBLIN CATTLE MARKET.—DEC. 15.
Full' Supply 'of stock at market to-day, a good deal Of
which was of a secondary quality. Best beef and
mutton realised former quotations, but middling and
inferior lower, and a few left unsold. Veal a fair
supply, and prices about as on this day week. Wool
steady. Prime heifer and bullock lacr,f, 60s, to 68s. per
cwt ; secondary and coarse beasts, '6ss. to 555. ; best
wedder mutton, 6d. to 61d. ; inferior, sd. to 6d. ; veal,
7d. to Bd.

CORK CORN MARKET.—DEc. 14.
White Wheat, 275. to 28s. ; Red, 21s. 9d. to 255. ;
Oats, 11s. Bd. to 14s. 6d.
•
GLASGOW IRON MARKET.—DEc. 15.
No. 1, 565. to 565. 6d. ; Warrants, 51s. 3d. to 575. 6d. ' •
Makers' Iron, 565. to 565. 3d. ; No. 3, 565, to 565. 3(1.
Market easier.
GLASGOW CATTLE MARKET.—DEC. 15.
The number of Cattle in the market to-day amounted
to 1,012, about the same as' last week, and the quality
was much inaprovetl. The demand was rather dull, and
prices a shade lower. The supply of Sheep was larger,
there being 4,042 offered ; but sales not being so brisk,
prices were rather under last quotations. • "

THE DAY'S NEWS.

The Calcutta and China mails have come to
hand, and the more prominent points of the news
they bring will be found under the proper head.
There is nothing, however, of much political im-
portance by this arrival. In India they were
preparing, to strengthen •the China expedition,
which into include, we now learn, a strong force
of Sikhs, and of which Sir. Hope Grant has
accepted the command. It is 'said, however,'that
it is a war not popular with the Indian officials.

We have some particulars of the prepara,tions
making at home for reinforcing the China expe-
dition: The completion of the transmission. .0
stores is now being effected, and apparently: with
the best prospects of their being Made'epeedily
available: The, steamers conveying them are all'
swift, and are expected to perform the voyage in
less than eighty days.

From our third edition of yesterday it will be
perceived that the little State of Baden is not
quite so content under secular, religious dictation
as the large State of Austria Proper was some
years ago, though two-thirds of the inhabitants
of the Grand Duchy, we are told, belong to the
Roman Catholic Church, a great agitation has
been roused among them against the Concordat.
The Emperor off France has a brother in what,

we suppose, even he (considers something of a
misfortune. Francis Joseph of Austria, like
Louis Napoleon, dreads the criticism of the,
newspaper press, and has 'found it necessary, to
warn, a Hungarian journal ,to desist from too
fervid aspirations after the independence of the
scattered nationalities of the empire.
Judging from the interview which took place
on Wednesday between Prince M. -Metternich
arid the Emperor of the French,—the Prince
representing the Emperor of Austria,—the best
un.derstanding would, now seem to prevail be-
tween the two Emperors. The Emperor Napo-
leon gave the Austrian Prince, indeed, his
emphatic assurance, that he " has the firm hope-
that the relations which have been 'so happily

re-established between the Emperor of Austria
and himself cannot but become' more friendly by

an attentive exa.inination_of the interests of the •
two countries. 'Nay more, giving runner
assurance that, " since he has seen the Emperor,
he attaches great value to his personal friend-
ship." Let us hope for the interests of Europe
that these were not unmeaning words of com-
pliment. •
A commission of inquiry, appointed by the
Bishop .of London, to investigate the circumstances
connected with the mysterious birth, death, and
burial of an illegitimate child, the of of
Elizabeth Yorath, in the school-room at St.
Philip's Church, Stepney, was opened yesterday.
It may be remembered that the coroner's jury
returned" a verdict to the effect-thdt the child died'
of. inanition. They also expressed their opinion,
founded on the evidence, that " the conduct of
Elizabeth Yorath and the Rev. James Bonwell is

highly censurable." The present inyestigation
which is to inquire into the conduct of Mr. Bon-
well, is likely to prove a'searching one, and after
a protracted sitting yesterday, the commissioners
adjourned their sitting till to-day.
We 'are glad to find that there is now then
prospect of the Great Ship Company getting out
of its difficulties. A loan of forty thousand
pounds for six months, on Mortgage of the
Great EaStern; at seven and a halrper cent. per
annum has at length been effected ; and it is
understood that this sum will be sufficient to
complete the ship, and to fit her for crossing the
Atlantic as soon as the season is -sufficiently
favourable for such a trial trip.

At the weekly meeting of the Health Com:.
mittee, yesterday, several' matters of interest to'
the community were brought forward and dis-
cussed. Among these may' be mentioned the
proposal of Mr. Crellin to circulate copies of the
bye-laws relative to buildings, among the parties
most inimediately interested. A misapprehension
with respect to these bye-laws is said to prevail
among builders. If this be so; and.' as 'the Health
Committee and its officers can have no object in '
view, except a care for the public health and
convenience, the more widely the bye-laws are,
disseminated, and discussed, and understood, the
better. Another matter of importance will be
found in the report on " lodging-houses;'' pre-
sented -to the committee by the deputation
recently appointed to proceed to Lonn, to inves-
tigate the lodging-house system in the metro-.
polis. We publish that report in extensor and
shall therefore content ourselves with merely
directing attention to it, premising, bbwever,
that the regulation of common.lodgiwg-houses is
a.matter of vital importance as rewards the origin
and spread of epidemics, and bf moral maladies
scarcely if at all less fatP2 to the social well-

being of the commuuity..
At the weekly
meeting of the Mersey Docks
and Harbour Boolrd, held yesterday, few features
of general int
ther ro- '':.rest were introduced. The business,
although 3r.nportant in itself, was nearly altoge-
atine. An application on the part of the
emr:Goygs at the Albert, Wapping, and Stanley
‘iiratehouses, that they might be allowed to form

themselves into a volunteer artillery corps, and
also a rifle corps, to be clOthed and equipped A
the .cost of theboard, was read, but the .boardi
declined to interfere in the matter.

WE Congratulate the proprietors of the Liverpool
and London Fire and -Life Insurance Company
upon the wisdom of the decision they havejust
come to, namely, to appoint a committee of in-
quiry into the charges -which Mr. MATTHEW
FOESTERAIas brought against the board of man-
Agement. We also congratulate the public at
large, which has more than the interest of the
mere. spectator in the position and fortunes of
what may be almost called national undertakings.
The reputation of the whole community is more
or less involved in the commercial standing of its
prominent members, and a sudden shock given
to the public confidence, hi a concern of so much
pretension and substance as this, is s-ufficient to
spread a general distrust in the prudence or the
probity of leading commercial men and associa-
tions.

-Ive. remarked before when' noticing the- reply
which the Board of Directors put forth to the
statement .of Mr. FORSTER, tluit that reply was
tolerably satisfactory in most of its features, that
it contained however one or two grave admissions,
and was marked by one or two questionable

lacuna. We think the general, impression on
reading that official defence was, that though it
left great probability. that the company_ had it in
their power to Make out a tolerably strong case,
yet, that the mode adopted was inadequate for
the purpose, and that further opportunity' was
needed, and that of a different and more regular
kind. If Mr. FORSTER can be suspected of pique
and wounded. self=complacency as the motives kr
his accusation, the Directors in their defence can
scarcely Claim freedom from ail personal feeling! •
It must be admitted that the latter was markett
by too much pride and passion to bear the
appearance of unbiassed judgment. That the-
Directors had delegated the . work of vindica-
tion from serious and somewhat complicated
charges to the servant whose conduct was
chiefly in question, was not calculated to reassure
they public mind on the graveit doubt which the
whole circumstances had given rise to ; and that
wasovhether the management of the company
was not resigned with too little check and duper-
vision into the hands of one official. The ques-
tion really'turned. upon that which we laid so much
stress on at the time, " Dummy Directorship ;"
and-when such a question is raised, we can well
excuse an intense anxiety in the public mind,
until it is finally and indubitably settled. This
is the rock upon-which so many promising and
once flourishing undertakings have made disas-
trous and irrecoverable shipwreck, and which-has
now taken the shape of an offence known to the
law. On thisquestion it is simply impessible'te
re-assure the public mind by statements meant-
to show the large extent of business carried
on, or the advantageous terms on. which it
is done. It is also foolish to attempt' such `,
restoration of confidence by fervid declarations
as to the " honour and integrity " of the direc-
tors. Strange as it may appear, the fact nev—er;
theless notorious, that we do see "honour and
" integrity" in the shape of dummy directors on all
sides of us, and we may always expect to see them,
so long as personal laxity and negligence take
the guise of generous confidence in an able and
faithful servant. As to the prosperity of the con=
cern, thatonly suggests the most favourable time
for correcting what evils may exist in. the
management, and putting that prosperity on a
sounder and more enduring basis. It is too late
to probe the wound when remedy is hopeless, or
inquire into the nature of -the symptoms when
the disease has passed the crisis. That an. inqwiry
can be going on into the position of a great
commercial concern, and the public should be
the while content to wait without showing
any undue or feverish, apprehension, is itself an
evidence-ot stability, and an exhibition-of gena;
ral confidence which deserves to have its little

doubts conceded to' and dispelled..: The present
steadiness of price which the share& or this con-
cern maintain in the stock market testifies to the
absence of this undue apprehension. BUt the
fact that the official manifestoes of the directors,
whether of the press or the platform, have not as
yet imparted any signal revival, is also an evi-
dence that the investing public still kv.ps
in suspense and thinks further information ne-
cessary or desirable.

It is, perhaps, not unnatural that the. Directors
of a. groat company should consider it a' humilia-
tion to submit tithe inquiries which suspicion has
suggested, and condescend to argue questions of
solrency or inSolvency. But the real question
has. Mr. FoRSTER proved a prima facie case suffi-
ciently strong to 'call for enquiry ? Now, the
impression of the proprietors is, that this is just
what Mr. FORSTER'S proof amounts to. The
Directors, therefore, must bow ito circumstances ;
and seeing that it is so, we are sorry that there
for - • %a* `hr :(tht

is room r one regret, in that they nag] per-
haps have yielded with a little more show of
willingness, and sympathy.

IT was one of the incendiary maxims of DANIEL
O'CONNELL, as it has been ono also of most of
the Irish agitators, especially among the Roman-
ists, that " England's difficulty is Ireland's, op-
portunity."
And it is a maxim which has been
constantly acted upon by the Romish party ; and
sorry are we to see that it is still being acted
troubles ; and it is
sympathy
upon in that country, notwithstanding the bless-
ings of peace and prosperity which it now so sig-
nally enjoys as a part of the United Kingdom.
There is just now in Ireland what is called a
N"v stri
tphaet hpyo
pfee7ar.h"is Atemfepvoerlthatrot is,
bringing out a latent feeling which one had

hoped had altogether 'ceased to •have any exist-
. euee whatever—a fOling of divided
and therefore of actual disloyalty towards their
rightful sovereign the Queen of Great Britain'
They are holding meetings in different parts V
the country to give
_expression to that, feeling;
and sad to say, though one can scarcely be sur-
prised at it, perhaps the clerical speakers, in
some instances even titular bishops, quite nut'
do the laymen in the use of language, which
if not actually seditious or disloyal, borders
upon it so closely, that judging by the surround!
ing circumstances one cannot but have a Ira/
great mistrust of their attachment to that British
authority, under which so much liberty, civil ana
religious, is secured to them, and so many other
advantages, temporal, if not spiritual also, 'which
they could not find, we- are sure, elsewhere ; eer-
thinly not in any country where Popery is the
dominant religion. At one of these meetings the
other day a Roman Catholic priest declared With
consummate irony that the Irish Romanists were
foolishly "they were too loyal, for no
reason, no object, no protection." Now here we
have a palpable,and most atrocious, because inter.'
diary, untruth. They 'have every reason to be
loyal, and every object, if only, because they
have- every protection which can be expected
under a liberal and enlightened syste°
of government. .The same, speaker did not
hesitate, moreover, to- declare of her Maks'
tY's Government, -that they " knew very well
that the Government- of France would be
as acceptable to the- Irish
,people as the pre4en
t
Government" New this, among the Irish PA'
manists, perhaps, may be matter of taste, or 13
matter of opinion ; but, as ,a• matter of fact—the
fact, namely, 'that the despotism of France i 5
preferable to the liberty and' toleration of Eng'
land, is only; another gross. perversion of the
truth, for a very factious, note to say-a. very,sedi-
tious 'purpose. We have already heard of one
Very Rev. Dr. BURKE as a great gun among the
Irish Romanists, and. occasionally as a great
political agitator, when the interests of Popery
were to be served by political agitation. Well,
he too has been making a speech, - and one
characterised by quite ' as. great a dis-
tortion of truth as the others were.. He did not

hesitate to declare, for instance, that the Queen
of these realms is the spiritual head of the Esta'
blished Church,—" and certainly," he added, " it is
a fine thing to see a woman the head of the
Church : she can make and unmake bishops;
or, to use the words of ELIZABETH, of impious
memory, she can frock or unfrock them' as she
likes." Here we may say is another gross pet'
version of the truth. The Queen of England is het
the spiritual head of the Church ; she is only its
temporal head, as an establishment of the
country. Neither has the Queen any such
power as that he attributes to her. She has no
power at all, indeed, in the Church, except lo
conjunction with the two houses of Convocation +'
and, no doubt, Dr. BURKE knew this very welt
too ; but it suited his purpose for the moment to
raise a laugh and provoke a sneer at the B
formed Church of England and Ireland, as 131
law established. And it is by this course of .o°'
in somewhat gross phraseology, used to be termed
"enormous lying," that these Romish rlgitatnil
are endeavouring to abuse the minds of tn.') P'
ple—to set them against the Government under
which they live, and under which they en.K
so many blessings,—blessings which, in ever/
case, it is true, are much alloyed by the curses of
the religious system by which they. are Or
slaved, but which are blessings nevertheless, if
only they availed themselves of the opportunil
to enjoy them in all their fulness and integritY°
We have no wish to digress into any of the
polemics of such a question as this. It is sitnPli
as one of politics—as one affecting the, peace °tf
society, and the prosperity of the country the
we refer to it. It is a course of Romish agits'
tion which shows the cloven foot too distinctil
to have much influence upon any but the
Romanists themselves, be their Radical and 1
r I"rer
publican yearnings never- so strong, but it is
that is directly calculated, we humbly conceiXe;
to sow, the seeds of disloyalty, and even secliWa,
among the great bulk of the people of IroWle4
who are, unhappily for that country, in so decido
a majority ,as Romanists. It is calculated-,
ot
contend, to destroy that by. which, as an emill4
Wnler-lias well observed,'' More is. bilei.fig,
bind together a.. nation in one by bina7air
their hearts. to &le "ruler, 'to soothe' its to
agreements,. to oral it with force, to, consoß74
its polity than by all the system.s.of antaruie
powers. that ever emanated from the dreams
philosopher.' it is a course of agitation, t4r4
fore, which can never be justified, whether Ito'
Christian or political principles. They
pursile it are the enemies of their conntrY, het
the injurers of its people. We do not knoll
it would be advisable to 'interfere with thol
004
any legal process, at any rate until they to
have transgressed somewhat more glaringlt_
, bounds of the law; but certainly they are V_cfil
regarded as the worst of political and 9° the
incendiaries, and it would be well could
co
intelligent public opinion of the United 04
be forcibly expressed against it.
'Lord dough has' joiiied the Conned of the ''4)
Irish Volunteers.
fc mach
-The Belfast journals say that smallpox's fe'otool
on the increase-in that town. Many respectahlie. bee
who had been inoculated in, their childhood, Lat
attacked with it. meetifba
NEW EXCHANGE FOR BLACKBURN.--A,,.-„s teecl
held yesterday on 'Change, of the seise/1r reeelly
Blackburn News Room, it was unanimousit 0'0.4
that a committee be appointed to select the nns'to ferg",
site for a New Exchange for Blackburn, alueou roc sot
on the same that day month. A site had '0040.00
mended, and partly fixed upon, but the I.lltooce
eab
approving of its suitability, owing to itsiodultion
the centre of the town, the above reso
stituted.