Northern Times.
Liverpool, Merseyside, England, 1859-11-24 00:00:00

.:~: .._.

COMMERCIAL.
The Challenger has arrived. from Shanghai
a cargo of tea and silk, after a quick run of
days.
The estate of White and Gregory, East Indian
army-agents, is • about to pay a dividend of 9s.
in the pound.
The Herald says the tea sales yesterday passed
off with great readiness, and prices were again
lowei, common congou selling at is. 21d. to
ls. 21d. .

-vie. e.

LIVERPOOL COTTON MARKET.—Nov. 23.
We hixTe-•again to report a quiet market fox' Cotton,
with a :slightly easier range of prices. The sales, in-
cluding 150 Pernambuco, at 74d. to B'—,d.; 90 Bahia, at
71,d,Maranham, at 81-,d ; 300 Egyptian, at 71. d. to
10d. ; and 1000 Surat, at !11-A. to 50, are reported 6,000
bal.* of which 1;000 were on speculation and for export.

LIVERPOOL PRODUCE MARKET.-Nov. 23.
A good business has again been done in Sugar, an.
extreme prices realized ; 100 hhds. Barbadoes are re-
ported, at 345. 6d. to 38s. 6d. ; 70 hhds. Porto Rico, at
365. 6d. to 395. ; 1,100 bags Gurpatta Date, at 40s. 6d.
to 41s. ; 1,000 bags Siam, at 355. 6d. to 38s. 6d, ; and
4,600 bags Pernam and Paraiba, at 21s. to 225. 3d. per
cwt.
We have no transactions to notice in Molasses or
Rum.
Of Coffee, 130 bags Costa Rica have changed hands
on rather lower terms.
No sales reported in Rice.
We have also to notice 350 bags Sago Flour, at 16s.
per cwt. ; and 300 bales Jute, at £l2 ss. to £l4 ss.
per ton.
tons liondurasSmL
y3BPPER.--20 bags White, at 7d. per lb.
27 YElv°"B.- all sales of
at Camwood £26 10s., and
bier ton.
DRYSALTE'rugs --lirew
525. ; 20 casks
; 500 bags olda
casks white Oporto Ar,gols at
discoloured at 1108. ; brown,
new ditto
atPalermo Sumac at lOs. to lOs. 9d. ;
1%. 3d. ; 60 bags Baltimore
and 300 bags
Bark at 7s. 6d. ;25 bales, months Naples Madder
Roots at 375. ; 930 bales eate
tors Gambier at 16s ; 20
ursds Brimstone
serons Gumgedda at 245. 6d. • 20
14s, 6d. ;
at £8 ss. ; 50 tons Nitrate of' Soda at
600 bags Myrabolams, Bs. 6d. to 96. 6d. fortoseoasunesd,panda
; 130
7s. 9d. for damaged and repacked
India Rubber,_ fine new at 2s. ; old fine, 28. 5. Para
40 bags old Negrohead at ls. 10d.; middling bottles .
at 2s. 2d. per lb. ; Ashes : Pots, 275. 6d. ; Pearls,
275. 9d. to 28s. per cwt.
Orns &c.-Palm, £45 10s. P.Y. C. Tallow, 61s, ;
South American, 595. ; Tuscan, 58s. 61 5 tons inferior
North American, at 545. Olive steady : Sales of Galipoli
at £56 10s. Small sales of Lard at 575. to 60s. 10
casks Gingelly Oil at 335. Good business doing in Lin-
seed Oil : Sales for the week 160 tons, spot and for-
ward, 28s. to 295. 350 barrels Rosin, good common at

THE DERBY BANQUET.

Now ready, in a separate Form, Priov Ild.,
REPORT of the SPEECHES at the DERBY_

liAN4trti.

The object of this Publication is to_tneet the deniand whibh
still continues for Monday's Northern Times, containing the
Report of the Banquet, our large impression of which was all
exhausted by Monday afternoon.
Published at the Northern Times Office, 13, South John-
street, Liverpool.

The HUDSON'S BIT SEAL SKIN CLOAKS and JACKETS,
014 a GUINEA each, at the New Shawligut Mantle ,Warehouse
40, Bold-street.—SNELLARD and HonOsox, Proprietors. n 25

,i

THE
LIVERPOOL CONSERVATIVE DAILY PAPER.

THE "NORTHERN TIMES."

THIS well-established Dally Paper,—the first that
1 vas atteUipted in the Provinees,—is now, under a new
proprietary, devoted to the interests of the great Conservative
party. Its principles are those so forcibly expressed by the
Earl of Derby, at the reeeat Liverpool Banquet, when he said,
--" I speak of that Conservatism which is not obstructive, but
which is the best promoter of safe and gradual social improve-
ment,—of that Conservatism which, strenuously adhering to
the old machinery of the Constitution, adaptafrom time to time
the various parts of its mechanism to the real requirements and
the real capacities of the age in which we live,—of that Con-
servatism which should give to all orders and degrees of men
within this realm their due weight, authority, and preponder-
ance,—of that Conservatism which loves the interests of the
people at large but will not be led away by the noisy denuncia-
tions of blustering demagogues, either to shrink at the voice
of menace, or timidly to make concessions to large bodies of
men for the purpose of obtaining a temporary popularity, when
in our hearts we believe the concession of those coveted boons
would be the worst injury we could inflict upon the classes it
is sought to benefit." Such is the Conservatism of which the
Northern Times is now the faithful and unflinching advocate :
and never, perhaps, was there a mo:-..,: when a temperate
and judicious application of the Daily Press to the espousal of
its cause, and the dissemination of its principles, was capable
of serving more beneficial purposes.
Hitherto, the Daily Papers of Liverpool have, one and all,
been exclusively in the so-called Liberal, that is, the Whig and
Radical, interest. The Conservative cause has now got its
representative, and its advocate, in the local Daily Press.
It rests with the Conservative party of Liverpool to decide
with what efficiency this their Daily organ of the Press shall
be maintained. Its success has so far been considerable,—
the circulation already secured is large and. increasing; • it is
about three times 'more than it was when it came into its pre-
sent hands,---and if all who are Conservatives will only sup-
port it with their advertisements, and use their active influence
to make it a profitable advertising medium, its prosperity, and
therefore its influence, will soon be powerfully strengthened
and confirmed.
The late Derby Banquet cannot but have aroused the Con-
servatives of Liverpool to a more active course of public duty ;
and the obligation, in times like the present, to sustain a Daily
Paper in their important interest, cannot fail to be Eacknow-
ledged, and ought therefore to be acted upon.
Office for subscriptions and advertisements, 13, Sorra Jonw
Editorial and
Srusar, corner of Cable Street.
Street, Printing Offices, 40, LEIGH STiiLET, Parker

THE DAY'S NEWS.

It is evident that the French Government has

made a virtue of necessity, as regards the delega-
tiOn of the Regency of Central. Italy to M. de Buon-
compagni. It is now plainly stated that the
arrangement was `looked to with regret, in the
first instance, 4rider an apprehension that it might
prejudice
ithTquestion as-iris to be subniitled to
the -approaching Congress. But having become
convinced ihit the thaintenance. :of public order:
ikas the sole object of the delegation, find that'the
Regency is only of a pfovisional character, the
French Emperor and his ministers have become
reconciled to the proceeding. Such is, in sub-
stance, the statement of the ..iiiAitettsfiehich; at
the same time, reminds the public that it is the

only political organ 9f the Government.
Such of the Paris papers as dare to speak out on
public affairs, are one by one getting "warnings'
Loin the--Government .One of -them has- just
been pounced upon for having had the hardihood tn.
question the organic decree, respecting the press.
The pretext for this interference is, ithat the
journals have no business, to write in opposition
to the laws of the State. This- being the case,
the liberty of the press in France is , 9f course a
farce.

General Garibaldi's proclamation to the Italians
announces to them that he leaves the military
service of their country " for the moment, in con-
sequence
of underhand machinations continually
impeding the freedom of action attached to the
rank he occupies in the army." His retirement,

therefore, can only be regarded as temporary.
He distinctly declares, indeed, " On the day when
Victor Emmanuel will again call his soldiers to
arms for the redemption of the" country, I will,
find again a weapon of some sort, and a place by
the side, of my valiant companions."
It may be taken for granted, we think, that
the United States Government will now co-operate
with France and England, in seeking redress
from the Chinese. If there were any doubt of
this before; the treatment of- Mr. Ward, the
American Minister for China, in his recent at-
tempt to visit Pekin, must have set the matter at
rest.', And, besides this, the. Chinese have acted•
with the Americansas they have with the French,
-and-with ourselves, in_hreakin' g faith on the
treaties. As the Morning Herald well observes,
4‘ Mr. Ward is only another victim of Chinese
fraud. No sooner is he fairly out of Chinese ter-
ritory than this treaty is annulled. He follows in
the path which greater men ha#e trodden before,
from the days of Lord Macartney to those of Lord
Elgin. Frenchmen; Englishmen, even Yankees,
are done by the Chinaman." As a matter of
common policy, and common interest, it will fol-
low, therefore, that Frenchmen, Englishmen, and
Yankees must make common cause, in teaching
the Chinamen, that they are not to be " done "
with impunity,—not to be,. " done" .at all any
more, indeed;--but insist upon having faith kept
with them in their international engagements
and relations. ,
The fact of Lord Cowlerhaying }pen summoned
to London by the Cabinet may be taken, we pre-
sume, as evidence of the preparations which

her Majesty's Government are making for the
a)proaching Congress. Z•)rd Cowley, as our
Ambassador at Paris, is the medium of column-
nicatioA between Tier Majesty's Ministers and the
French Government, on the subject of this Con-
gress ; and the object of his visit at this moment
is stated to be Jo receive the final instructions of
our Government relating thereto.

Our defensive precautions; so necessary in, the
present critical state of Europe, are by no means
to be confined, it would now seem, to the orgarii-

sation of a large volunteer force. It has been
decided to increase the regular army, by the
-addition of a second-battalion to- each-regiment
up to and including the 35th, which will effect
an augmentation equal to eleven regiments.
In connection with the ',subject of own defen-
sive preparations, the intelligeupe; we have from
Cherbourg of the building of two large trans-
ports for the conveyance of horses has no slight-
significance. For what particular service these
vessels are intended, it might at present be too

curious to conjecture. But they certainly indicate
warlike prospects.
The official inquiry into the, circumstances
attendant on the wreck of the Royal Charter was
resumed yesterday, before J. S.. Mansfield, Esq.,
and Captain Harris, R.N. The investigation then
entered into, in its leading features, was directed
towards ascertaining, if possible, the character of
the construction and material which, in combina-
tion, formed the hull of the Royal Charter. The
inquiry in this direction is one of great difficulty
and no small delicacy. On the one hand a
question involving the lives, safety, and property
of the public, to a vast—indeed an almost inconceiv-
able—extent, is to be thoroughly probed to the
bottom, and, if possible, settled ; on the other,
great care is indispensable in following out this
inquiry, lest in the anxiety to solve a 'great pro-
blem, marked, or, indeed, crying injustice be done
to individuals, whose best skill, most mature
judgment, and ungrudging liberality have been-
applied to provide such an efficient means of
conveyance as all the aids of science, com-
bined with the best materials, could
afford. At the close of yesterday's in-
quiry, Mr. O'Dowd intimated his intention of

having certain portions of the iron plating and.
other parts of the ship tested, for the purpose =of
enaltling him so to shape his inquiries as to elicit
all the facts of the Lase. This is as it ought to
be. In so _important an inquiry it is only right
to have a full and fair knowledge of ill the facts.
These; however, we humbly opine, will not be
fully elicited unless a stringent investightion be
made into all the peculiarities of the
" ground tackle" with which the ship was
provided. It has been fully proved that the
immediate cause of the disaster was the breaking

of a cable ; if the ship could have been held at anchor,
she would not' ha•Ve been wrecked ; she did.; not
drag both' the anchors let go, as one of the cables
" parted." The qualitrof this cable is, therefore,
an essential element, in the investigation now
going forward, and the public will naturally
expect to see it, as well as the other Matters con-
nected • witfi this most melancholy. affair, 'fully
explained. . • _
Conspicuous among the topics to which atten-
tion is at present 'directed with much earnestness
of. purpose, are those which relate to the :general
aspect of European politics, which still continue
full of trouble, and suggestive off alarm ,To•nieet
the menacing aspect -of the times, the country
seems bent on having its affairs„-so arranged
that it shall" not be taken by surprise, and the
most obvious course to be pursued in such a case is
that of beineprepared. The Volunteer Movement,
. • . • •
as will be seen from Our columns, seems still
to be,.-and :deservedly to • be, ,in the ascendant.
We to -day record a meeting held last night at
Woolton, supplementary to that • held at Waver-
tree,
.for...the„ purpose of organising a .volunteer
corps for that district. The meeting., which was
very numerously attended,. was again presided
over by S. R. Graves, Esq., who addressed the
Meeting in eloquent and pointed terms in favour
of the movement. One portion of his address
deserves attention as curiously illustrative of
the necessity of " prepared" cautiousness on our
part. He said that within the laSt day .or
two he had had personal assurance -from the
Preinier, that a communication from the French
Emperor, completely &Spelled all. idea of any
danger from France ; Mr. Graves, however,
adding: that,. he was quite unable to reconcile
.that statement with what had fallen under his
own observation while recently on a visit to
several of 4he. French ports:- -The volunteer mow,-
ment for the district' of Wavertree, Woolton,
Ali Aigbu, and the other toWnshipief 'the vicinity,
Whibh advocated by Francis :Shand, Esq.,
R. Neilson; E 44., and other influential gentlemen
of the neighbourhood; promises to be very suc-
cessful.

. ;1 ~:'_

THE true value of Tuesday night's cheering demon-
stration at St.. George's Hall, we take to be this,
—riot that it testified to a general sense of pre'sent
danger, ~and of the power and resolution to
meet it, but to a permanent neeesity,—namely,
that a nation of Islanders and of freemen should
be a nation of Volunteer soldiers.

Our insular position has imposed upon us the
necesbity of an, overwhelming naval armament ;
and the exigencies of a scattered empire 'and

I world-embracing trade, have borne fruit in the
production of efficient sailors, But this condition
and this security of our island life have been
alleged and accepted as a plea against a large I
standing army; and it is a sneer in some'
mouths, -and an admission in more, that
England is not a military nation. If in-
deed this mean, that we are not continually
casting over neighbouring nations the imposing
,s,ha.dow, of largcmasses of men, Moving about only
to threaten and disquiet ; if it mean that the
fsptcf,ops institutions do not include an calk;
of " blatant colonels," who, upon a given signal,
shall avow their intense desire for a little bldody
recreation on a contiguous arena ; if it mean, in
She;i, that we don't keep on' hand' halfillion.
or more of idle butchers, who must, every now

, .
. . -
and then, be amused by the promise of a victim,
like the sanguinary ,populace of debased and de-
clining Rome,—we are not, a militlry nation.
But if there be, any other meaning, then the sneer
and the admission are equally foolish and equally
false. Matory will :go veryvfar back, and at-
tend up,on_us „even-- to the, present day,, record-
ing in the same strain the super-eminence of
England in the field., These fair possessions on
which the sun never sets, were mostly the purchase
of our valour, and are the custody of our arms.
The present independence of Euiope is due As

ch to our power as to-that of—its other confed-
erate defenders ; and as much to our military as
to our naval, power. It was a British soldier that
Was the conqueror at Assay e, and thd compierar
at Waterloo. It is true, however, that ' for
,pOulary.and home purposes, as a securiii,for our
--own shores, we have been accustomed to con-
gratulate ourselves upon the small necessity for a
ilarge: standing army by the side of an efficient
naval defence. But in the altered condition of
the times, in the discovery of steam and , the,,
,ambition of unaccustomed rivals on our own
element, we find that a too exclusive dependence
on..,the naval arm may act as a decoy to Oitr
•
destruction or our injury. fie find- that! our
island traditions are getting worn out ; that our
old repugnances must be 'rudely and abruptly re-
versed. ..Yet our strong ,aversion td a
large standing army remains.;.. both the tax-
payer and the freeman object,—while the
humanitarian cannot but deplore the criminal
fatuity of nian, which drains the strength of
nationi,l in order to nourish and
support an; un-
natural-and unfruitful trade.- Now, the -pr4sent
great7movement, signalized that night in St.
ideal, George's Hall, solves the difficulty in the most
sa
exhaustive way. A standing
army
insult. It is the missionary of a Crusade of blood
satisfactory.
, in its
andid, a means of oppression, Or of