Northern Times.
Liverpool, Merseyside, England, 1857-09-19 00:00:00

FRANCE.

PARIS, THIIIVIDAY EVUNING. I
A telegraphic despatch, of the 15th instant, from
Madrid, yesterday announced that the Narvaez
Ministry had given in its resignation, which the
Queen had refused to accept. The news arrived
at rather an unlucky moment for some of the
supporters of the Spanish Government in the
French press, who that very morning had declared
their patrons to be firmer than ever in their places.
Of course these journals are not to be blamed,
since, by thus speaking, they do but their duty to
their employers. The only question is whether these
would not be more efficiently served by eulogiutns
more moderate than those lavished upon them
by their zealous Parisian partisans, who, in their
eagerness to counteract the malevolence they impute
to certain foreign journals, entirely overshoot the
mark. Thus, when they tell us of the honourable
friendship existing between Senores Narvaez and
Nocedal, of the well-known loyalty of the latter's
sentiments, and of the independence and nobleness
of his character, of his being ever guided by duty,
and never engaged in seoret manceavres and ambi-
tious intrigues, we are so strongly impressed with
the existence of an ironical intention that our eye
at once seeks the head of the sheet to make sure it
is La Patrie we have before us. Goodwill prevails
over judgment in such encomiums as these; it is
poor service to a friend to' extol the very points
on ishieh he is most vulnerable. In Madrid,
assuredly, these laudations will be read with deri-
sion, as by all who are acquainted with the character
arid career of the present Minister of the Interior
in Spain.
The telegraph is very concise in its announce-
ment, and we await the details, which are doubtless
already on the road. It has been conjectured that
the question of Queen Christina's return to Spain
may have been the cause of the resignation of the
Cabinet. This is not impossible, although hardly
consistent with what had previously passed re-
latively to that question. 'We know that the
Government had consented, although not willingly,
to an invitation to the Queen Mother, who is under-
stood to have repl.ed by a -private cominuaication
to her daughter, to the effect that, while
Marshal Narvaez remainei at the head of
the Cabinet,. Madrid would not be graced
by her presence. Had the Queen been desirous
of a visit from her mother, one might understand
her provoking and accepting the resignation -of
the Minister obnoxious to the Duchess of Rion-
zares. Bat it is pretty certain that Isabella 11.,
who is impatient of restraint, who is a little jealous
of her mother's influence and of the sort of court
she musters round her when at Madrid. and who
also. perhaps, fears a lecture_ on her absolutist ten-
dencies, and on certain recent scandals, would
rather that. Maria Christina kept away. ',More-
over, the telegraph announces that the proffered
resignation was refused. If, then, the Dowager
Queen was in any way, either passively or actively,
the cause of its being offered, this implies some
new combination or incident of which we are as
yet uninformed.
Persons lately arrived from Madrid inform me
that the seizures of the Spanish papers were con-
tinual. Some of them had been seized twice in
three days. *Various foreign papers had also been
confiscated. For several days together the Times
had been delivered twenty four hours late, haiiing
been kept back for examination. At the Casino,
the principal Madrid club, a notice had been stuck
up, calling the attention of the members to an
article of the regulations, forbidding political dis-
cussions.
The Empress of Russia, who is with fier family
at Darmstadt, is suffering from, it is it said, suites
de couches. Her physicians rigidly enjoin the most
complete repose. Of course, therefore, her going
to Stuttgardt is out of the question. C'est commode.
It is quite certain that the Empress of the French
will not accompany her husband on his trip to Ger-
many. The nature of the preparations now making
for his journey proves that he goes alone. He is to
leave Chalons on the morning of the 24th, from

Strasburg dire3t. The talked-of interview with
the King of Prussia is entirely discredited The
fabricators of reports, have now got up ono of a
meeting between the Emperois of France and
Austria. This is at least premature, but I believe
there is no doubt that Baron Bourqueney at
Vienna, and M. Hubner at Paris, have been for
some time working to bring about a rapprochemenet
between the two Courts.

had got separated (according to ti .e last accounts
received from the Chinese Seas) front the French
.squadron under the command of Admiral Rigault
de Genouilly, and some anxiety was felt concern-
ing them.
We have now accounts of the first five days o f
the Moldavian elections. As was anticipated, the
bast three days were far from being so favourable
t-o the prospects of Unionists as the first two.
The Uni vers has gone mad, ecce signum :
France did not perish after having lost Cana is, and she
has gained Algeria. Spain forfeited a world and remained
a ration. Europe wit' bless Spain with having planted
Catholic society in Mexico, and will soon see her engag d
in other works; for Morocco will be Spanish, as Alge-
geria. Tunis, and Tripoli will be French. Who can
say that the day will not dawn, and every Frenchman
ought to desire it, when France, the elder sister of.
Oath lie nations, queen of the Mediterranean, and
s mted on, the Alps and the ocean, shall resume
her old motto, and, for the love of Christ, the
liberator of men, farm plans as capacious as the globs ?
Tnis is not chimerical ! Gad and France may desire this
result, and in that case the opposition cf the Siecle or
Debars would be of vary little consequence. Every
Catholic nation would participate in this great work of
genuine conquest, and England would cut a very pitiful
figure even with regard to Portugal. God permits nations
to repent, but if England does not repent her heresiy, we
see no better fate in store for her than, general contempt.
Therefore, when the work of God shall be aecemplishei,
triumphant England will be punished for having proved
wanting to the work of the Most High in the long course
of her prosperity.
A letter from Lyons, of the 14th ins*., informs us
that the manufaotures of that city have suffered
severe losses in consequence of a disastrous inun-
dation in the department of the Ardeche. One
mill belonging to a manufacturer at Lyons, and
estimated at 500,000 f, is said to have been carried
away by the finid. Unfortuna'ely this is not an
isolated feet, and other losses not less serious are
mentioned.
A letter from V.rdum likewise mentions that
the farmers in the Meuse had suffered severely
by the heavy rains, which had damaged their
crops. _ -

PRU3sIA

BERLIN, SEPT. 16

As I have already informed you, the Emperor of
Russia arrived here last Monday at 2 o'clock p.m.
The King went to receive him at the terminus of
the Nieder-Schlesisch Railway,-by which the Em
peror had travelled on his way from Warsaw hither,
and they came on together by the junction rail-
way, which runs round the town connecting all
the lines, to the terminus of the Potsdam Railway.
Here the Prince of Prussia and all the other,
Royal Princes, the Ministers, Generals, and high,
functionaries of state, the municipal authorities
together with the Ruzsian Minister, Baron Brun-
now, the personnel of the enalrassy, and all the
Russian officers at present in Berlin, were assem-
bled en grantle tenue to receive him. In addition
to the above there were. pyesent the following
Princes now on a visit to this Court for the purpose
of attending the manoeuvres :7—The Elector of
of Hesse, the Grand. Duke of Mecklenburg;
S,hwerin, Prince Frederick of the Netherlands,
Prince George of Mecklenburg Strelitz, the Duke
of Nassau, &e. The Emperor was accompanied by
Prince Gortschalroff and General Adlerberg. After
very cordially saluting all his relations with a kiss
on each cheek, and greeting many others by a warm
shake of the hand or a few words of recognition,
the Etnperor proceeded to inspect a company of the,
regiment thatis called after his and his uncle's
name, Kaiser Alexander, and which had been
selected to - form his guard of honour at the
railway station. The Emperor wore the uniform
of a Prussian General, with the Order of the Black
Eagle ; the King and the Princes of Prussia
on the other hand, wore the uniform of their
respective Russian regiments and the Russian
Order of St. Andrew. • After a short stay in
the Waiting rooms of the railway station, for the
purpose of certain persons being presented to the
Emperor, the entire party drove off to Caarlotten-
bnrg, where the Queen waa in waiting with her
various visitors and ladies of her Court ready to
receive them. The Emperor has remainel at Char-
lo!-aenburg during the whole of his stay ; this
afternoon, at four o'clock, he will leave here for
Weimar, and go on from there to Darmstadt, and
Stuttgardt, at which latter place he will havie a m-et-
ing with the Emperor Louis Napoleon on the 25th
ins;.• On the 21 of October the Emperor will
return hither with the Empress, and after a stay
of a couple of days at this Court, will proceed from
here to Warsaw, Kiew, anti Moscow, returning to
St. Petersburg by the 231 of that month.
Prince Frederick William, who is still with his
regiment in Silesia, repaired to Breslau to receive
the Emperor of Russia as he passed through that
town at 5 o'clock on the mornin4 of Monday, on

Whilst the papers are full of glowing accounts
of the opening of the railway from Chalons to
the camp, and of the Imperial train with its
sumptuous apartments, costly bronzes, Aubusson
carpets, Beauvais tapestry, bed hangings of
violet damaek, and boudoir, decorated with tender
green, the gentlemen who pay, the share-
holders of the Chemin de For de l'Est, grumble
audibly. On the 7'h of July the construction
of the branch was decided upon, on the 12th the
works began,Und on the 15th of September the
line was opened. Rapid, but costly. In order to
lose no time, sacrifices must be made ; there was
no leisure for the usual formerof expropriation ; and
the land was bought by private contract off the
country people. Now, even Champenois.peasants,
proverbially stupid, can drive good bargains under
such circumstances. In various ways unusnal ex-
pense had to be incurred to accelerate the works. The
Imperial train, stated to have cost 300,000 f, cost
in reality half a million. All this outlay for
a branch that will certainly -yield.- nothing, and
probably leave a loss on the working expenses,
is not satisfactooy to the shareholders, who seem to
consider that they had been sold by the manage
ment of the company for an imperial smile and a
few bits of red ribbon. The affair reveals one of
the unhealthy spots of the Imperial Court. The
Emperor is surrounded by adulators, who fly to
fulfil his slightest wish, and not ole• of whqm has
the courage or disinterestedness to tell. him the
truth. He has plenty of supple courtiers, but
faithful counsellors are few -Thus, he takes a fancy
to have a railway to the camp, and to have it done
in time to use this year. Instead of representing
the objections, whose weight his good sense would
certainly have admilted,those who should have done
so conceal them, and set frantically to work to
humour him. This is only one instance of the.
system of adulation that prevails:. others might he
cited. There is danger in it; it is the insidious
poison that has led some of the greatest sovereigns
astray ; and it is to be hoped that the Emperor
will perceive in time the nature of the pleasant,
but perilous draught.
It is said this afternoon that the Emperor will
come to Paris before going to Stuttgardt, where the
Emperor of Russia is expected to arrive on the 24th,
the same day as Emperor Napoleon. M. Rayne-
val and M. Kisseleff, the Frenda ambassador at St.
Petersburgh, and the Russian ambassador at Paris,
will be at Stuttgardt during the interview. Iu
the Emperor's absence King Jerome will preside
in the Council of Ministers. It is strongly reported
here that the diminution of standing armies will
be a principal subject brought on the tapis between
the Emperors in their approaching interview, A-
Russian organ says it be impossible for
the Emperor of Russia to come to Paris this
year, as he must be at Kiew at the beginning of
October.
The Duke of Cambridge arrived in Paris yes-
terday, and leaves to-day for the Camp of Chalons
Prince Buonaparte, the officer of Spahis, has also,
proceeded thither. Reports are in circulation that
engineers will set to work entrenching the camp as
soon as the troops leave. As yet not much credit
has been attached in Paris to this rumour.
I hear that a now bishop is to be appointed, with
the title of Bishop of Tunis, and that the Pope has
selected a French ecelesiastic for this bishopric in
partibus.
A. museum of artillery is to be established at
Algiers, to receive a collection of all the arms in
use in that country from the earliest periods. It
is reported that Redsehid Pasha has asked leave of
the Sultan to come to Paris.
A. telegraphic despatch says that Prince Daniel
of Montenegro has been assassinated by the relative
of a man he had 'caused to be put to death.
The corvette. Durum. and the gunboat fusee

his way from Warsaw. The day after to-morrow the
young Prince will join 117 s father at Babelsberg,
and stay with him till the end of the month, and it

is arranged at present that he will spend Christmas
with our Royal family.

AMERICA.

The Mail Steam-ship North star has arrived at South-
ampton. She left New York on the sth instant, bringing
two days' later advices, and has 100,000 dollars specie for
Havre, and 50,000 dollars for London.
There is little political news.
Late advices from Yucatan, received at New Orleans,
state that a revolution had broken out, and nearly the
whole state was in arms. The revolutionists were composed
of the radical party, and were everywhere successful.
When the Nicator left, the governor was marching against
Campeachy with 1 500 men.
Judge Curtis, of the United States Supreme Court, had
sent in his resignatior, to take effect from October the Ist
LieutAnant Jamrs M‘Garty, who accompanied Dr. Kane
on his last Arctic expedition, died suddenly at Boston, on
the 2nd inst.
The cashier of the Eagle bank, at Rochester, John B.
Robertsor, had been arrested on a charge of attempting to
murder his wife, by administering drugs of a slow but
deadly nature.
The New York stock market, on the 4th, continued in a
feverish irregular state, most of th 3 transactions were for
cash, and there appeared to be a good deal of realizing
It was expected that prices would g t lower than they have
touched, bat the descent would be more,gradual than the
list. The cotton market was more active, 'without
quotable change in prices ; the sales embraced about 1,000
bales, including 60 sold in transitu from New Orleans to
Liverpool. Flour was again dull and lower, especially
common grades of States and Western, while sales were
moderate ; new Southern wheat fell off from lc, to 2c per
bushel ; corn sold to a fair extent at 76c for Western
mixed.
NEW ORLEANS, Sept 4.—Cotton sales to-day 80 bales,
at 151 c to 16e for middling, Flour lower. There was
more freight offering for Europe, while rates were steady.
Among the engagements for Liverpool were 1,360 hhds.
sugar, at 10s per ton, and grain to Glasgow at qd, in
ships bags.
At Buffalo, Sept. 4tb, flour dull ; wheat lower.
At Chicagi, flour dull ; wheat active ; and corn quiet.

At Albany, flour dull ; corn again lower.
The above we rec. ived by Magnetic Telegraph,
and published in our second edition of yesterday.
Since then we have received the following des,
patch.

pored till next sutn:ner. There is no time to pr pare winter
quarters, forage and general supplies in the Mormon Valley,
for such a number of men as were to compose that expedition.
These troops,„ therefore, together with the ILdtan fighting corps
of Coionel Sumner, and the su v detachmen's of Colonel
Johnson, will return to li-insae, as sent ss the failure of the grass
on the plains obliges them to resort to winter cantonments. And
in addition to seen this large force, six or' eight companies were
ea Saturday ordered from Norfolk, Baltimore, and Minnesota,
to Kansas.
A Free State political meeting near, the Missouri line,
was recently broken up by rowdies of the opposite party,
who carried hemp at their button-holes and around their
waist as the instruments of vengeance against ".Jan
Lame.' The scene was a preenrsor of what is to take
place about the palls in October; as it was a repetition of
what has been done at all preceding elections in the
Territory.
A correspondent at St. Paul, Minnesota, stees that the
corsitutional conventions closed their sessions on the 29th
nit, after deliberating for seven weeks. The constitutions
produced by both bodies were identical. They were re-
girded
as fully meeting the requirements of the public
welfare, and parties were organising for the tlection of
officers in October. The treasar r had refused to honour
the drafts of the democratic delegates, but as he had no
money to pay any one, the eircumeeance was passed over
quietly. 'Governor Me lary's party had rowel the ludiane,
with loss to the latter. A report was prevalent of the
extermination of Inkpadutah'a band, with the exceptiin
of one man
From Texas we have interestingintel:igence The In Tale
were again m ;kit, g their appearance at several points on the
frontier. The last accounts from Fort Lancaster state that
two engagements wide the Indiana and United States
troops had lately taken place, but little or no impression
seems to have been made on the Indians. In the first
engagement Sergeant Theodore, of the. Bth Infantry, was
killed and scalped. He was one of a patey sent out to
escort the Fort Davis mail and was attecketd by the Indians
about twenty miles from Fort Lancaster. Captain E. S.
Granger, of the Ist Infantry, stationed at the latter fort,
promptly sent out a detachment of forty men in waggons,.
to overtake the Indians if possible They were hidden
so well under the canvas of the waggons that the
Indians eauld not nee the force brought against them,
and were induced to make an attack. Tee men got into
into position as soon as possible, and fought bravely,
killing two Indians without iej „try to theme dves, but
they were wholly unable to stake an effective blow.
The Indians were mounted with sharp aed alinnie rifles,
and when they got tired of fighting they fled. During
the engagement the commander saw a body of Indiana
passing up the Pecos, on the other side, with between
fifty and seventy-five horses doubtlessly all stolen ; and
though at only a distance of eight hundred yards, the
United Sates troops could do nothing, because they were
on foot.
From Mazatlan we learn that the lte acts against the
United States Consul have been followed by a se zure of
the captain and crew of the schooner Ada, and their
precipitate ejectment over the sides of the vessel. The
flag of the Unite I States has been torn to pieces, and
other' acts committed in violence to she order of the United
States Consul, who was in the discharge of the dutiee of
his office The outregl upon the resideece of her Briten-
' eic Mejeaty's C.Targe is another case that creates few in
the minds of those who wish the good understanding of
Mexico withother powers.

COMMERCIAL IN rE LLIGENCE.

NEW Your. Sept. 6 h.

COTTON.—Monetary afftira have during the -Past week
exerted an unfavourable influence on the Cotton Mark.it, by
restricting the, purchases of spinners. With, an increasing
dement' for goods ancleyarns, spinners were disposed to replenish
their exhausted stocks, but the difficulty of negotiating their
agents fiver, except at a very heavy -discount, has kept them
out of market. As the "Herald panic" is suh,idipe, the de-
mand will in all probahlity soon revive, and business flux on in
its regular con se, cleared of artificial obsttuetion. To-day the
demand has improved, sales—including 800 in transitu New
Orleans to Liverpool—about 12'0 hales. The prices paid were
on the bas's of 151 c for Middling Uplands, and 16c fnt Middling
Orleans. The cropacceue ts are favorable from the Atlantic States
while in the Southwest, the rains still continua, The extent of
crop depends on the weather during Sept-ember and October, the
crop is fully four weeks later then last year, and, therefore, in a
critical position. if the to) growth matures, which would
require a very late frost, a good yield cou-d be secured, and on
this rests the extent of the clop of '57 to '5B w ether a very
short one or a full average one. At Charleston on the Ist inst.
the weather was like autumn and quite cool at night, rain
threatening. The advices from Liverpool, per Asia, of 21st
ult , all agree in the fact, that consumptio 1 of Cotton was
undiminished, that the hirve4 would be a good one,
and that higher prices for Cotton would rule before
the close of the ye tr. The stock of American Cotton
in Liverpool on the 21st of August was 358,214 bales against
638 881 at the co trespoading period last year, and the quantity
at sea 21,000 bales against 38 000 last year. The stock in
Liverpool last season, notwithstanding the reeeiot of 120,000
lailanewmotton, ran down to 173,090 bales on the 31st of
December. The present stock, therefore, which cannot be
replenished, owing to the lateless of the crop in the United
States, must be exhausted before the close of the year, unless
consumplon is checked by 'an advance in price.
BREADSTUFFS.--The market for State and 'Western is
again.quite dull, and stna'l parcels on the wharf may be picked
up at a slight further decline, but prices are not quotably
lower. We hear of no transactions of moment. Southern
Flower has declined throughout 10c per
,barrel, and remains
inactive. Genesee and Canada are very dull at our quotations,
and the quality of either must be c'toice to bring over 7 dols
to 7 dols 25c. Ttiere were very few lots of sound Southern
Wheat offering; other descriptions were dull. Tile market
for Corn is more steady at 75P to 75c for Western mixed, the
market closing buoyantly.
PROVI3ION3.—There has been a fair inquiry for pork, but
at irregniar p.ices. Beef is in better' request, light supply,
and firm, at $l7 to 18 for Repo aed Western, wad $lB to 19 for
extra ditto. Prime mess beef is nominal at $3O to $3O 25c.
Beef llama aro wanted at $23 50c. to $24. Cut meats are still
scarce and firm at 13c for hams, and 12 to 12,t for shoulders,
Larl is steadier, and the quantity pressing on the market light,
at 15tic to Vit.
TOBACCO.— rhe market has been rather inac:ive this week•
but confidence is unshaken. Toe sales embrace .175 hhds
Kentucky at from 10, 14 to 2dc ; 50 cases Seed L'af 15e to
30e. But little doing in Foreign, sal-s, 71 has Havaenth
45c to 52c, 72 brls Cuba on private terms. By auction, 125
hhds Kentucky Leaf from 71c to 161 c. Terms cash, quality
from Common Lugs to medium Leaf.
FRBIGILTS are rather more brisk. Ta Liverpool, 30,000
bushels Cain in bulk at 31, 80 hhda Tobacco 124 61, Cotton
33. To Bremen, 800 bales Cotton 3-16 c To London, 70
tons Seed 20s, 1000 tons Oil Cake in bags 17s 61. To Glas-
gow, 5,200 bushels Wheat in bags 61. To Amsterdam, 100
brls Spitits 31c To Rotterdam, 500 brls Spirits 3c, 65 bales
Cot'oa 4c, 259 hokes 17s 6d, The barque Brilliant out to
St. Jago 2,500 dollars. Two vessels with Corn to Portland
41 to 41-c.

THE MONETARY CRIBI3 AT NEW YORK

The New York Courier and Inquirer, of the 4th inst.
says:—"The advices front all quarters are favourable,
and show that New York City is the only point where any
stringency is felt. Letters from London assure us that
money is comparatively easy in Lombard-street, and the
rates tending downward. A speedy check will be placed
upon the import trade from China sni India, so as to
place the exchanges upon a more favourable footing and
lessen the ontwarl current of 'gold and silver. From all
domestic . sources the intelligence to-day is satisfactory.
The pressure of circulation 'returned upon the New
England 'Banks is but slightly greater than the average.
The New England Banks are prepared to redeem not only
at their own counters, but at Boston, and some at New
York. The New Haven Banks, forinstance, maintain specie
balances at the Suff,lk Bank for their bills; and likewise
keeps funds in New York to meet promptly all demands.
The flurry created in Ohio by the failures in New York is
already over; and the troubles, so confidently announced
in a morning cotemporary as gout to occur among the
New England and Ohio Banks, have no birth as yet. On
the contrary, Ohio and the other Western States are fully
prepared to pay up old scores, and to buy liberally of our
importers and jobbers. The bank circulation of Ohio,
FROM OUR SPRUILL CORRESPONDZICT. Indiana, Illinois, Missouri, scattered over a large extent of
country and among six millions of people, is less than that
SOUTHAMPTON, FRIDAY. of the State of New York alone ; and is altually not
The steam, ship North Star, (Vanderbilt -Line) enough to meet the demands of Commerce in those
arrived off Cowes at midnight, and shortly after states. The official reports of the Carolina and
proceeded on to Havre. She brings the American Georgia Banks show that they are better fortified with
mail, 99 passengers, 150,000 dollars in specie for specie than at any former period, The new cotton crop
England and France, and arliioes from New York of the south and south west will be upon us in a few weeks,
of the sth instant, being two days later. and as active and steady market abroad for all we can
There is very little political news of importance by this exprt. The banks of f
the interior
the wisdom of New York have
arrival. found out by this time, i not before,
Oar Washington advices say that the articles of the ing their su -plus funds here to meet their note redemption,
treaty between the United States and New Granada are instead of keeping large specie balances at home, where
agreed upon, and will be soon transmitted to that govern- they are not wanted. The simple m4chinery of bank note
meet fir its official action. A. correspondent, writing from redemption at one point, is thug forcibly illustrated, and
that city, on the 4th inst., says : tie saving of capital is such as to make banking operations
Tile sudden conversion. of Governo r Walker to the views in the interior more profitable and more beneficial. One
of the Southern insurgents, is attributed to intimidations that, of our morning papers un'erta,kes to sae, that the notes of
unless he tutu the full light of his countenance upon their the Chemung County Bank, at Horseheads, are thrown
allies in Kansas, his nomination will be resisted in the Senate. out; this is not so; they are taken without reserve to-day
Whatever the-cause, the Governor has revoked all his promises at the Metropolitan Bank, and thus far, only two delir,.
of fair play, and is now acting upon the maxim of keeping no queueieg are announced, viz, Reciprocity barik,
faith with heretics. In the meantime the Adm!nistration ap- Buffalo, and Hollister bank, Buffalo. °Jome
pears to be preparing to carry out its pe.icy with a •high forbearance is still necessary among ROW.° of
hand. The army is to be the instrument for the pagifica- our strong banks towards their weaker
the hrethren.
tion of Kansas, exactly as ,in Poland, Hungary, Italy, All are engaged in a common labour t 9 sustairi
mer-
and Spain. The Utah expedition is necossarill post, candle community. Those who can make a ge,ad show are

e.mlinfre to-day among financial
cinfidence is felt that
entitled to assistanet
circles is decidedly betteTr,hane feeling
occur. E.ements are
no further failures of impo-tance wit:
already at work that will p ass the moni lenders upon a
stronger footing, and reinstate canfidene,s ND on borrowerg.
ac The cumulation of tpcie in time Bank valits this week
will probably exceed two million of doliorA' and thus
enable the b inks to cmitiale their support of tills() cus-
turners who ask for aid. It is what may be termed a
herculean task for the banks to be called upon to sustain
themselves and private bankers who have glue beyond the
boon is of prudence, likewise to aid many conatry bauks
and these western bankers who, for the timer have un-
iavailable funds with insolvent parties.