Northern Times.
Liverpool, Merseyside, England, 1859-07-04 00:00:00

THE NORTH'ERR TIMES MONDAI,' JULY' 4, 1:854

with a view to meet the wish of the public for the
largest possible amount of scientific co-operation,
have solicited and obtained a promise of the cordial
assistance of those eminent authorities—Mr. Robert
Stephenson, M.P., Professor Wheatstone, and Pro-
fessor Thomson. These gentlemen, with Mr. C. F.
Varley, the consulting electrician of the company,
and other authorities, will form a committee to in-
vestigate and advise the directors as to the best
arrangements respecting the external form, specific
gravity, and electrical construction of the proposed
new cable. Until the views of this committee shall
have been matured and recorded, the directors pledge
themselves not to spend any money in new works.
The Ariel arrived at Southampton on Saturday,
and the City of Washington here on the same day,
with New York advices to the 18th ultimo, but they
have been anticipated by the Indian, which arrived
here on Wednesday.

There is no domestic or local news of any interest

this morning.

0-

GERMANY'S 'SUPPORT OF AUSTRIA

IT is scarcely fair that all the credit should 'be
claimed by the new Ministry for her Majesty's
Government having used endeavours to dissuade the
Germanic Confederation to abstain from taking part
in the Italian war on the side of Austria. During
the late re-elections this was done by the -Minis-
terialists, we find, without scruple, and in such a
way, of course, as to leave the impression that it was
not until Lord PALMERSTON'S resumption of office,
a fortnight since, that any c ommunication was made-
to the German Powers on the subject. SieCHARLES
WooD, for instance, at Halifax, who, as a member
of the Cabinet, would naturally be regarded
as speaking with accuracy, as well as with authority,
said, in the course of his -speech to the Electors,
"We have seen recently accounts that, in a large
portion of Germany, a strong spirit prevails, by
which it seems they are almost disposed to engage in
hostility. But I hope and trust that their own good
sense, aided by the .advice we have given them since
we came into power—(hear, hear)—will lead them
to abstain from hostilities." Now the " hear, hear,"
that was exclaimed, immediately after the expression,
" the advice we have given them since we came into
povier," may doubtless be taken as a clear indication
of the impresSion being produced that it was only
since Sir CHARLES WOOD and his colleagues came
into office, the week before last, that any such advice
had emanated from the Government of this country.
This is very disingenuous, to say the least of it ;
though it is quite characteristic of the quarter whence
it has proceeded. For the fact is, that Lord DERBY'S
Administration, weeks, if not months ago, gave such
advice, 'accompanied by most distinct declarations
that no expectation must for a moment be indulged
of any assistance in, or any approval of, such a
course from England. One more recent instance of
this is given in the Further Correspondence on the
Affairs of Italy, issued -as a Blue Book within the
last few days, in which- we find it intimated by Lord
MALMESBURY, in a letter to our Minister at Turin,
Sir JAMES HUDSON, dated the 20th of May, that
"Her Majesty's Government have distinctly declared
that Germany must not be influenced in arriving at
a decision on the momentous question now under the
consideration of the Diet by any hope of succour
from this country." And why did her Majesty's
late Government pursue this course, but in order to
carry out precisely the same object which the new
Administration are so eagerly claiming the credit of
seeking, and of implying that it is being sought
for the first time,—namely, the strictest neutrality.
Lord MALMESBURY thus reiterates to our Minister
at Turin the determination of himself and his col-
leagues in this respect,,--" Her Majesty's Govern.
ment, in accordance with the commands of the
Queen, and with the universal concurrence of the
British nation, as displayed at the late elections,
desire to maintain the strictest neutrality in the
present war between Austria and France. They are
determined to keep themselves unfettered by any
engagements, expressed or implied, which would
restrict their freedom of action in any circumstances
that may arise. They will judge for themselves, and
they will not embarrass their policy by any previous
declarations, or by any previous expressions of
opinion

This reiteration of their resolute "purpose
of maintaining the strictest neutrality, is again made

MALMESBURY, in the same communication
to Sir JAMES HUDSON, which he thus concludes,—
" This language which her Majesty's Government
have held to Germany with reference to the prevail-
ing excitement in that country, they hold also to

the Powers now engaged in active hos
you will give the Sardinian Governrner.

understand that, as regards the question now at issue,
her Majesty's Government will abstain from all

rence, direct or indirect, whatever." Nothing

could

well be more explicit than this. What-
ever declarations of the same kind may have
been made to Germany, by the present
Ministry, it . is thus manifest that they are
only following therein the course marked out,
and adopted, by the Administration of Lord DERBY.
Their conduct is highly commendable in doing so—
only it is not fair, we repeat, to take all the credit

to themselves, and give none of it to those wit) set

them so good an example.

TR AD'

AND FINANCE

THE Trade and Finance of the country are in a

satisfactory condition, according to the recent

The Board of Trade Returns are for the month
and the last five months—that is, the first five
mouths of the present year—and their comparison
with the corresponding periods of 1857 and 1858,
show that, as compared with 1857, there is
of £896,460 on the month, and with last

and th

months thereis, as compared with 1857, an increase
of £2,141,727, and compared with last year
an increase of £9,110,897 ; thus for the whole

of the last twelve months has

gradual improvement going on in our exports

there are one (51' two points in the returns especial

worthy of being noted. The quantity of cotton
yarn, &c., exported has fallen from £181,547 last
year ; while the exports of

year to -£586,

633 this

cotton calicoes and musiins have increased from
£2,557,815 last year to £2,968,391 this year. This

is doubly satisfactory, since cotton yarns, as. is well
known, are but the raw material for the foreign
manufucture of cottons, calicoes, and muslins: those
very products, the exports of which are at the
same time augmented so considerably. The exports
of woollen cloths have not yet got up to the
amount they were in 1857, although there
is a decided increase upon that of 1858. But
we believe that Germany and Belgium keep
improving in their manufa,nturo of cloths better

adapted than ours for certain foteign' rimrkets, more
particularly, we understand, the 'markets of the
United States of America. As :respects yarns,
again, which enter so largely, into the manufacture
of those foreign fabrics which are brought into
more immediate competition with our own, the
returns, of woollens and linens exported, as well
as those of cottons, both exhibit a great decrease,
while those of linen cloths show a very considerable

augmentation.