Northern Times.
Liverpool, Merseyside, England, 1857-08-25 00:00:00

But there is another important consideration
connected with the Atlantic Telegraph, and that
is the proof of which all experience connected
with it has given the complete possibility of a
line of telegraph between this country and
India. Last week we hinted that it would be
desirable to take steps for purchasing the
Atlantic cable, and instantly laying it down, so
as to reach Calcutta. Important though the

ex.stence of telegraphic communication between
Americ:q• and this country no doubt is, at the
present time it is of infinitely more consequence
for us to have rapid communication with our
Indian authorities.

The time which Would be required to lay
down the line to Calcutta would be compara-
tively short, and once it was established we could
have frequent communications with that seat of
Government in India, and know bow it fared
with our brave countrymen who have gone forth
to chastise the insolence, rapacity, and rebellious
designs of the rebels at Delhi, Lucknow, &c.
Seeing that the Atlantic Telegraph Company are
not disposed to " part with their cable" just
now, it is a question of the utmost importance
for the Government to consider how they can
best and molt
spce_lily procure the construction
of a line of telegraph from England to Calcutta.
The interests of humanity and civilisation, and
the pressing awl important claims of commerce,
demands that the matter be taken up with
spirit and deternination. It is a question
which affects the well-being of millions rand
millions of the human race, and he must be a
benefactor to his country and his kind who can
carry to a successful issue a project so7pregnant
with good to mankind at large. We are glad
to see that the idea of a telegraph to India, which
we broached on Tuesday last, has been advocated
by many of our London and provincial cotem-
po raries.

THE FAILURES AT LIVERPOOL.—The City Article, of
yesterday's Times, contains the following paragraph :
The failures announced yesterday from Liverpool, show
that the statements on the subject circulated last week in
various journals contained no exaggeration. although,
owing apparently to the efforts made by the persons
interested. to suppress inquiry, they involve some errors
of detail. The stoppage of Messrs. Buchanan, Brown,
and Co., mentioned to-day, with liabilities reported at
£300,000, is believed to have been caused by that of Mr.
Davies, the share dealer, who has left deficiencies to a
most serious amount. Buchanan, Brown, and Co. were
produce brokers with an excellent business, and their
losses are said to be attributable to share speculations.
With regard to the liabilities of Mr. J. H. Hayes, who
has suspended in the corn trade, nothing positive seems
to have transpired. The forgeries committed by the
merchant, who is alleged to have disappeared, and who
is a member of a most respectable firm, are now variously
stated at from £25,000 to £lOO,OOO. It seems a peculiarity
of some portions of the Liverpool community, that they
always repel adverse statements with regard to the
pecuniary position of any members of their body with a
zeal which shows a greater sensitiveness for the reckless
speculator than for the legitimate trader. ,7iAlthough it is
of the utmost importance to the straightforward conduct
of business that all instances of the abuse of credit should
be exposed, each reference:to them is immediately met as
a deliberate endeavour to cause;:raischief. The most
extraordinary illustration of this, tendency was in the
notorious case of Mr. Oliver, where some of the leading
merchants of the town affixed their signature to a notice
on 'Change, denouncing the publication of facts which
they must have had reason to believe ~to be thoroughly
true ; and scarcely any instances of large failures ,have
occurred in which the same system has not been to some
extent pursued. Accordingly, ;during the; past week,
complaints have been numerous of paragraphs having
appeared in the London papers calculate& to lead the
public to suppose that there has been in any quarter a
difficulty worth mentioning. Every one should, of course,
be anxious to check vague alarms, and to keep back all
private information that might possibly interfere with
pending efforts to prevent an extension of disaster, but
to attempt to conceal or to give a false colour to facts
that have already occurred, is not the best method of
promoting that end.

LOAD DALITOUSIE.—A statesman in the prime of life,
after seven or eight years of unexampled devotion to the
public service—seven or eight years of unwearied assiduity
in the exhausting climate of India, now in the glare of the
furnace of the hot winds, now in the steamy damps of the
rainy season—toiling early and toiling late,, " scorning
delights and living laborious days," combining the respon-
sibilities of a despotic sovereign with the drudgery of a.
law-stationer's clerk, returns to England with broken
health, but with his strong, clear intellect unweakened,
undimmed, to live the life of a feeble valetudinarian. He•
cannot serve the Sovereign who would summon him to her
councils. He cannot serve the nation who would call him
to its aid. He cannot even crawl, supported on both sides..
to his place in the House of Lords. At a time when every
word which he might utter would be listened to. with
breathless attention by his brother peers, and reported by
every journal in the country with the extremest amplitude
of leaded type, Lord Dalhousie is compelled, for dear life's
sake, to betake himself to the hill sides of breezy Malvern.
Can we imagine a harder fate than that which condemns
to silence such a man at such a time ? One hour of the
old physieal energy which he sacrificed in the service of
his country would suffice to repel the cruel insinuations
which, partly in ignorance, partly by malice, are now
levelled against him.—Saturday Review.

THE INDIA MAris.—lt appears that, although Ehe arrived
so much before the date at which she was due, the Nubia
did not leave Calcutta until two or three days after her
appointed time for sailing. Her advices reaching to the
21st of July are seventeen days later than those by the
previous mail. The Nubia, which was built„by Mr. Laird,
made her previous voyage from Suez to Calcutta, with the
Monsoon, at an average speed of 12i knots per hour, being
the greatest average speed ever made by a screw steamer.
The mail steamer which was to leave Bombay on the 30th
July had not arrived at Suez on the 14th instant. It was
hoped she would not be long after the Nubia. Wednesday
is now mentioned as the earliest period when the Indiazi
letters will reach London. Meanwhile further details will
doubtless be received by telegraph.