Northern Times.
Liverpool, Merseyside, England, 1857-10-17 00:00:00

THE DAY'S NEWS.

The full details of the news per the'Overlund M ail will,
'be found in our columns 'this day. They are of a r egative
character, and on that account may be considered a. %tisfae-
tory—at 188.4 such an opinion has been formed 'on the
Stock Exchanges of London and Liverpool, for the ...nnds
have advanced and the Railway Stock Markets are L'uoy-
ant.s Yesterday the Finds advanced fully I per cent, 'and
in the Railway Share Market a la, ge business was done'st
higher prices. The produce markets were also more buoy-
ant, and in cotton the transactions were much larger than'
for some days past Altogether we may look for better
times, and the anticipated failures, it is hoped, will not take
place. We kayo further particulars respecting .Genernl
Havelock and his brave troops. Although greatly da-
maged by sickness, they had, after a few days 'rut at
-Cawnpore, again taken the initiative, and marched •towards
Bithoor, where alarge body of the rebels had posted them-
selves in an entrenched and very strong position. The right
sing was towards the Ganges, and the left on a deep
mullah, crossed a bridge. They were, however, after a sharp
contest, in which they lost 230 completely routed,
and their guns captured. The British force, however.
I ost 14 killegt, and about .30 wounded The previous
aeceunts only noticed .Captain Mackenzie and 15 men
asouTided-7-none killed. The cholera, more formidable than
the rebels, e as fi'EO carrying.off ten or twelve of the most
e'igib'e candidates for the Victoria Cross dal y ; but fortu-
nately its ravages were beginning to abate. Sir James
Outran) has very properly decided on permitting General
Havelock:to receive the glory, and the more substantial
rewardt; that must be bestov eel on the rescuer of Lucknow.
It is said that, although a senior officer, it is his in' ention
only to accompany the force in a elk il capacity, placing
his military services at the disposal of :General Havelock.
This disinter:sted and truly n.blet eonluet will be fully

appreciated.:
Lucknow erifdl The eff)rts of Ameba had drawn
off the invading force, so that the garrison were enabled to
make a sortie, and provide themselves with an abundant
supply of pr:sisions. Taey had been ordered to, hold
out to the last extremity. Bat such orders were scarcely
required. Wilt fail knowledge of the itfamorts breach of
faith towitds those who had cspitnlated at Cawnpore, they
*odd not be expected to fall into a s'.nalar trap. They know
that, not merely their hoecur, 'jut their lives, are depen-
dent on their o endurance, and under such circumstances
there is but little reason to fear any failure on their
part. They hid repelled the Aseault made on them
with te:rible slarAhter, and the last report stated that
they ware ‘' right and in goad spirits." At Delhi
tile*Y thing appears to be going on in a tatisfaetory man -
per, and
abundant g: ponds for hoping

that the •neat mail will briog accounts of its
slownfall. General Nicholson's decisive victory
at Nuyolfghur had completely disheartened the
rebels, depriving theca of their last hope. At Hissar, too,
they had been defeated with considerable loss. It is all
right at Agra. Maj Montglmery, with a small but
heroic party, had completely routed the enemy. He had
not, however, sufficient force to follow up his success, and
was, therefore, obliged to fall back on Hattrass.

Of local news there is very little this morning. We
ohmye that at the Police Court, yesterday, those publicans
Who were summoned for trading on Wednesday the Pith
inst. (the fast day), were ►ery properly discharged, the
magistrates receiving their excuse in the greatest good
nature. A female "Fortune teller" w..s brought up, and
charged with obtaining money on false pretences, and was
remanded for a week,

Open-air preaching has, it seems, not been abandoned
in Belfast. The Sunday before last, seven sermons were
preached in the open air in different parts of the town, and
last Sunday nine, and to-morrow a still larger number
will, it is said, address the multitude. As there have been
no riots, the people must, we presume, have grown more
tolerant. Peace, on the basis of " liberty of prophesying,"
is certainly better than the opposite arrangement.
Mr. Ernest Jones has written a poem, entitled "The
Revolt of Hiedostan, or the New World." We have not
yet read the poem, but our rea,'ers may be interested to
know how the Morning Post deals with tl-,e Chartist poet.
Complimenting Mr. Jones on the " striking imagery and
melodious cadencci," which are the'' unfailing characteris-
ties" of his verse, the critic says, " While we disclaim
sympathy with his political opinions, we are not the less
willing to acknowledge the grace, beauty, and elegance of
his writings. Though not free from the leaven of Chartism,
his present poem contains many noble sentiments, and
bears the impress of a genial loving nature, which grieves
for the sorrows of humanity, and woul 1 fan leave the
world better and happier than it found it."

An important discussion took place on Wednesday, in
the London Court of Common Council on the state of
the finances of the Corporation. It arose upon Mr. Fry's
motion that the report of the Special Revenue Com-
mittee should be adopted. Mr. Fry took a rather
gloomy view of the city balance sheet, there
having been during the past ten years an
aggregate deficiency of 1915,989. Mr. Da Jersey,
in a sensible speech, prcdue,A an addition to Mr.
Fry's motion, to the effect that the Special Revenue Com-
mittee should be requested to prepare and submit to the
Court a plan of such steps as they might think it advisable
to recommend for regulating the expenditure of the corpo-
ration and improvirg its revenue. The motion was agreed
to.

The report of a most di, graceful scene which occurred at
the Manche3ter Exhibition on Thursday wilt be found in
another crluran.

The Lords cf the Treasury have, at the instance' of Mr.
Scott, an envelope maker in Charlotte-street, Blackfriars-
-road, directed the Board of Island Revenue to grant a
dra %back, under careful regulations to the waste
cut from envelopes not made at a pap lr mill.
This act of justice pots an end to the unfair
advantage now possessed by paper makers who
make envelopes in their mills, and of course use their
waste to make fresh paper, pa3ing duty only on the
envelops themselves. The effect was a differential duly
of about four or five pounds per ton to the detriment of the
domestic envelope rather. The correspondence on the
p,rt of Mr. Scott was carried on under the advice of the
Association for Promoting the Repeal of the Taxes on
Knowledge.
Our advices from abroad this morninr, do not cell for
much comment. The Paris publishes the official
return of the amount of the receipt of the taxes and indi-
rect revenue for the nine expired months of 1857, as
compared with the corresponding period of 1850 The
amount of the former period was 781,083,000 f , being an
increase of 26,865,000 r ,on the latter. As compared with
the first nine months of 1855, the receipts of the present
year show au increase of 81;294,000f.
The following political speculations are indulged in by a
Paris coireepondent of the A'ord of Brussels : —"All the pre.
parations have been made for the removal of the court to
the chateau of Compiegne and the invitations will be issued
between this and the end of the week. It is thought that im-
portant negotiations will take place at Compiegne in order to
enable the eorgress at Paris to terminate its labours. The
second pleuirotentiaries except to be convoked after the
return of the court from Compiegne, that is to say, about
the latter end of November. The period for their meet-
ing cannot, hoNever, be fixed until after the vote of the
divans ad,hoc, the arrival of the report of the European
commission, and the receipt of their special instrnctions
from their respective courts; a delay of six weeks will
not be too long for all these prellatinariea.
From Madrin we learn that General kmero has been
named President of ne Council of Minizters•
Accounts Iron' .Circassia in the Osservat9re Triceino
state that the Russian comtnanlant of Fort 11.,,ick1, being
out hunting with ten of his officers, was suddenly
attacked by a party of Circassians concealed in a forest
on the banks of the Adialtan. After a severe conflict, in
which two (;ffic,n.6 were killed and three woundad, the
commandant was taken prisoner and conveyed to the
mountains.

,The steamer Royal Charter arrived off. Qacenstown on
Thursday evening is 62 days from Melbourne, with nearly
£400,000 in specie, but up to the time of going to press,
she had not arrived in the Mersey. She will, no doubt,
reach here in the course of the torenoen.
The steamer Tamar .arrived at. Southampton, yesterday
with late news from South America. Details will b 3
found elsewhere.

I'he nature of the returns of the Bank of England in
last night's Gi trate fully iceezants for•6he course taken by
the hank directors. In the week ending Oct. 3, the bullion
had decreased £613 396, and in the following week ending
Saturday last, .e552,749—a total of .e4116,:145 in a single
ifortnight. The total amount of bullion in the bank on
the latter day was .R 10,109,943, which is le3s than for any
period since. November in last year.

THE ,details of the Indian news, which we
publish at full length this 'inoraing, may be
looked upon as much more favourable than that
received per the last Overland Mail, at least,
so far as Lucknow .c.nd the Cityloflhi are
concerned. The former city continued to hold
out with great for,!itude, and- the. several
encounters between the zmall band of Briti
heroes cooped up in the garrison, and the
hordes of barbaric Sepoys which surrounded the
walls, had taught the latter that the British
soldier when- placed at' bay' is equaP to 'any-
emergency. It was efaxpeCter.that a large
reinforcement would soon aid the besieged,
as when the last mail left Altahabad EYRE
was already irr march to join .11...tvarsocg, and
OUTRAM was following. There is one piece of
pleasing intelligence respecting the- _impending
reduction of tucknow. General OUTRAM,
senior in command, has left the entire move-
ments in the hands of General HAVELOCK. who
has proved himself equal to any emergency
with which he. may be 'called upon: to •eope','
and this generous and- self-denying determina-
tion to leave the uncontrolled demand in the
hands of ll.s.vELoca, had been highly lauded by
persons in India who were fit to form an opinion
On the respective merits of these commanders,