Northern Times.
Liverpool, Merseyside, England, 1857-10-26 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, MONDAY, OCTOBER 26, 1857.

AMERICA.

driven fifty thousand men and women out of our workshop
into idleness and poverty.
Our special New York' correspondent's lettei
received by the Arabia, is to the followiug effect :

TUN BANK PANIC.

New York, October 14`11, 1857, 12 o'clock, noon.
All our city Banks have suspended specie pay-
ments this morning. They have agreed to receive
checks of each oter on deposit as usual, and
receive and pay out their bills.
Payments of notes and acceptances, will be
received by the Banks, in bills of any of th 3 city
Banks.

The adoption of the foregoing system, it is
thought here, will greatly relieve the business
community, by enabling trade to renew its accus-
tomed activity.

ACTION OF THE B'ET3N BANS

At a meeting held in Boston this morning, the
associated Banks resolved to suspend specie pay-
mmts, and adopt the course that New York has
dons.

It is supposed generally, that the entire of the
Banks in the United States will be compelled to
suspend specie, although up to the present time
thi Southrn States are not effected.

operations of all kinds and in el channels. The banks
of the city having as much as they can to take care of
their own payments, are forced to refuse the notes of the
country banks of New England and. New York. The
brokers also refuse to buy them, and this adds to the
confusion befqre prevailing. We have no further advices
as to suspension in the South. At Charleston the bank
of South Carolina has closed its doors ; also the South
Western Railroad bank. Of the former, a correspondent
in South Carolina remarks :—" We regret very much the
suspension of the State of South Carolina—which has
just been announced here, and hope it will not be followed
by any other bank in South Carolina. That bank
had been for many years regarded as holding a
amount of weak, if not bad paper, and has been sustained
in the State by party feeling rather than the sober
judgment of intelligent business men." At New Orleans
and St. Louis the banks are stronger than in any other
part of the country, and will, we think, sustain specie
payments ; but in other portions of the union—Virginia,
South Carolina, Georgia, Kentucky, &c.—the banks
cannot, in justice to themselves, maintain specie payment,
while so many others are under suspension. A specie
currency cannot be maintained where a depreciated
currency also exists to a large extent. The banks cannot
exercise their functions successfully, that is, issue bills
freely and discount paper freely, and pay specie, while
other States around them are under suspension and
drawing continually upon coin reserve. Soma days since
the Senate of Pennsylvania passed a resolution requiring
the State Treasurer to make an exhibit of the condition of
the State finances and the different depositaries in which
they are placed.
Little has bean done on account of the unsettled sate of
the money market, and our quotations aro nominal. We
quote sterling 98 to 102 per cent.

Of which daring the past week, included in the above :
It..ctldts at the Ports 51,900 64,00 . 90,000 39,100 27,000
Exports to G B ri,sh) 11,000 5,000. 21,000 8,0 )0 11,0' 0
" Fra Ice 4,000 3,000 5.000 6,000 1 000
" other*F. Ports 1 000 3,0'01 2 000 3 001
Total Exports 16,00.) 8 ,000 29,000 16,000 15,000

SwotAny.—Receipts—Decrease at the ports, compared
with last year, 61,000 bales. Exports—lncrease to Great.
Britain, 10,000 bales: Decrease to France, 11,000 bales ;
decrease to other foreign ports, 2,000 bales. Total decrease
in exports, 3,000 bales.
FREIGHTS to Liverpool for cotton are dull at 7.321 per
lb., an? to Havre at .c.
EXCHANGE on London is still ditlic tit to negoeiate, and
the rate varies from 95 to 93 per cent. for commercial
bills, and par to 103 pee cent. for bankers. 0 1 Paris the
rate is nominal at 5.75• : W. P. WRIGHT.

ATTEMPT TO MURDER A POLICEMAN.

For the last two months two men, named Peter O'Brien and
Simon O'Brien, brothers, the former in the employment of vinegar
manufactory at Battersea, and the latter describing hi r•self as a
commercial traveller, 114%4 been remanded from week to week, with-
out b ail, charged with a most desperate outrage and murderous
assault upon polee constable John Whittaker, 303 V, whose life has
been during the greater part of the tine in the most imminent
danger. At the Westminster police court, on Friday, the prisoners
two tall powerful Irishmen—were charged with feloniously assault-
ing with intent to murder, the constab'e, who appeared suffering from
the violence of the desperate assault committed upon him.
The constable stated that ou Sunday morning, the 23rd of
Aueu,t, a little after twelve o'clock, when he was in Bean'orte
street, Chelsea, near Battersea-bridge, when he heard one of the
prisoners, who was en the bridge, calling out for any to fight
him. He went on the bridge, where a great number of persons had
collected. A young man came up to him, and stated that he wanted
to give Simon O'Brien in charge, by whom, he sa'cl, he had been
assaulted, and who had also attempted to a ng him over the br dge.
Complainant told him that as he had no: seen the assault he could
not interfere. The prisoner continued to exclaim that he was ready
to fi,ht, and complainant endeavoured to persuade him to go away
quietly, and not to cause the disturbance he was making. He then
went away with Peter O'Brien and some women who we-e with them.
Imme lately after, the young man came to him, and spoke to him
about not taking the prisoner Simon into custody. While he was
speaking to complainant, Peter O'Brien returned, and struck
him several times with his fist about his head. One 'of the
females then laid hold of his arms, and at the same time
Sm'th O'Brien gave him several violent blows upon his
heal ant chest. He was kneceed d own hy S moo O'Brien when his
back c stne a ~a'rast tte orb. Peter O'Briaa go•-, ”pon h'm, placed
h's kite noon his chest, laid 11-'d of his stock with one hand, and
with the other knocked his head 3against Vie pavement. He was
on mkei a )out the head and atonic% by him (Simon) so that
he was re,dere I inseasible for some time. Whin he recovered he
found Mr. Henry, a greengrocer, near him, who desired Peter to
let re his stock. Comp'a'.nalt got up, when, as the prisoner had
still hold of his sock, they were both forced down by a constable,
upon witch comphinant ras released. Mr. Payne In point of
(let, he wa endeavouring to strange you ? PoPeemaa : Yes, your
worship. Mr. Edward -ear on, a butcher, in business rear B. r-
sea Brid -e, said that be he ird the uproar on the bridge, an I went
the-e. lie saw Elmo t try to fl:n r he man alluded to over the
bride. Wit •es sa v the prisoner attack tire polio:man, and
witness observe 1, "It is not fair for two Woo to attack one." He
fo-ce i Simon to the groand. Simon tried to rise, upon which
witness nmarkei, No, you must remain there the
colinacome." Farther c orroco orative evidence having been
heard, Mr. T. Wren, sn-gene, S'lnay-plae, Onslow-Square,
states that the eempla'nent had received some very sermons injuries,
and Polite had lost a groat qaaltite. of We ,cl' from the • kidneys,
lungs, and chest. The fi owing of the blood had only ceased that day.
The injuries are the effects of -some great vio!elacs. Mr. Paynter :
Po yon consider him now in danger ? Witness': I consider him in
great danger. He has been all a'ong; in danger. Sergeant Moore,
B 1, proved a former conviction against Simon O'Brien, for an assault
on a man and h's wife—for the former offence he was sent for six
months to the Home of C meetioa, an I for the latter he was fined
£5, or in defeat-, two months' imprisonment. Mr. Paynter asked
the prisoners what they had t o say to the claargo. Peter sail that
he was so much under the ineuenee of liquor that he did 4kot know
what he was doing, an 1 Simon said that he was defending him4f,,
as his wife anl chrdron hai bean assaulted. They were both com-
mittal to Newgato for t ial, bail being reused.

THE WATERLOO BRIDGE MYSTERY.

AN ITALIAN MISSING

It h stated in London that an It %Ilan named Cesarel'i, who asso-
ciat ,cl with the.refugees, is missing. This tends to confirm the Im-
pression that the murder was corn nitted by fo-eigners, from political
motives.

The Fubseriptions in Harnbnrg on behalf of the Indian
Relief Fund reach nearly Xl,OOO. In addition, the Senate
have voted £5OO.

Ths Russian Legation, at Teheran, has offare I to Persia
a division of the army of the Caucasus, to assist in the
pacifi.taion of Khorassen.
Tne Courier de Constantinopk, of the 17th, states the
Divan is opposed to the Russian propositions rela ive to
arrangementS of the frontiers in Asia.
A serious collision has taken place at Frankfort, between
soldiers of different corps. It is thought that several
regiments must be removed from the city.
A despatch from Siguaring,n, dated Thursday, says:—
"The Portagiese Count Lavradio yesterday formally
demanded the hand of the Princess Stephanie for the King
of Portugal." _ _

LORD Joni Russzu IN NORFOLIL—Lord J Ibn Russell
has been on a du-ing the last few days, to Sir John
Boileau, Bart of Icitfriwzbena Mill, Norfolk. Lord
John and his host Inarriel siAers—two of the d.lughrers
of the Earl of Mireo.

Dr. Latitam; who hes been engaged by Messrs. Long-
man .to edit an edition of D-. JThusDn's Dictionary, in
voLmes quarto, foonds his elition on that which
la,t passed under the math We eye—the eiition of 1773.
This under'aki ,g• is one of n iti?nal imp ,rt.ance.
Mr. Murray announces for ptib!icatian, in two volumes,
" Letters, Despatches, FM e'er Documents relating to
India, by Field-Maishal the Duke of W,Alingto-," edited
by the present duke. These papers have not b .en hither o
published, and have b en only disc.vered since the duke's
death, and sublequent to the publication of the Wellington
Despatches, °Ate] by Colonel Gurwood.
• A SCITOONEIi SUNK IN THE Taws,.—On Friday
af•ernaon as a small echo )ner, named' the Stark, and
belonging to Mr. 11. 0 was being towed out of Fresh
Wharf, just below London bride, the " " from a
pas.ing steam, r °Rased her .t, heel over, and almost
instantly se capsivd and sank. All on board were safely
got out. The vessel, which was a comparatively new one,
was going to take in ballast at the London Docks.

COLLISION AT Bak.--1011TNAMPreN, FRIDAY —The 1)14
Gefjon, Captain Be-ben. bolni from S tubas t) Alton I,
with a c ergo of e iffue, cane n at eleven
°Pei, ek on Wednesday night last, will 'ha brig Rowley,
Captain Elliott, of Shields, hound to Algiers, with coals.
The collision took place off the °veers, and the brig Rowley
oltn,st immediately sank. The captAn and crew were
taken on blarl the Gefjon, and this altern)on were
broaghtinto this Frt.

DR. LIVINGSTON AT BiRMIN3FIAM.-01 F id .y the
Rev. Dr. Livinks'on met iha Bitmin eicitulosr of
Commerce, end gave them an interesting account Of la's
discoveries in the interior of Africa. Mr. J. D. Goodman
presided, and, after having listeoed with jive sit to' the
address, the chamber pissed .a resolution, on the motion of
Aldertnal Lloydotaeled by Mr. Spooner, recam-
mending, g-oVerratf.'ent'to adopt measures for opening up the
trade of the rtveqatif-•esi, d's ove.ed by Dr. Livingstonf:
A RUN OF M-liFORT 7NB —The oli adage, " 311,:ortutie
seldom comes single," was, fully rellisel within the ltst
few days. Mr. J. (Mir 0, farmer, of Lissinwtor, ht.d the
misfortune to lose his pock t-book in returning from atistor
fair on Saturday last. It e)ntainfd n. tes to the value of
£4O and a ch, eine value £2OO. On Mond ty la.t one of his
servants was at plough wi h two vdn.iblP toises; they
took fright at Something, and the boy btri unab'e to
control them they ran away, and, roost ex r ordinary, both
leaped over a hedge into the road, wi h the pl ugh cf er
th-m. One of the horses, whici was 'I tva o-year-'.ld colt,
of the- valu - of from £3O to £4 ), fe`l, ftnd the other falling
over it, broke i's bock and died in a few minutes. This
vas a great fa's' .wite with Mr, Oiling, az.d was Ligh!v
valucd. The young on; was moth it jilted by the fall, and
will ru, st lilrth be of little worth, from the cuts received
on its kneec, &c..--Stainford Afercury. •

BAD TlMES.—Times are bad who.i ind. serious lebour,rs
arc tbromu out of employturn., and are no longer able to
ea,n a living by honest industry.' Such is th else inst
now; many large employers are discharging hand,, and
stopping mach'nery. We do nt.t hear that any are setting
tresh machinery going. and takiig on hands. the present
times then are Bad T Ines. Th re is a prkei its; too,
that they will be worse before they are better. The pres-
sure on the springs of iniustr., will be increased, and it
nee s no great foresigh', to pees the elnsequanocs: It
hehoves all par ieA, therefore, to exer&se gre tt Cautio ).
Bit we would respectfully sugg,st to employe!s, whether
it wont] ro. be bettlr fo- them and their workpeople, and
for all of us, to adipt Short Time rather than stop their
machine T. H ilf a loaf is better than n bread, and
sufferinz is borne ini:e easily whan it is dilated.—Bedfod
Observer.

UNION STEAMSHIP CoNIPANY -"The m.iefing of the
Union Steam Ship Company took place on Friday, Mr.
Anderson in the &lair, whan the report or the directors
was r.ad by Mr. Mercer, the secretary, the princip fea ure
of w',lo was the arraignment mul3 by the din eto7s for a
tortui4htly conveyance of the mails to and from the C ,pP,
from S:uthaMptott and calling at Plymouth, on the sub-
vention of the government to. the Went of £30,000 per
annum for five years, Tae accounts, or balance s' et, for
the year were laid befwre the me ehowing the as is
to be £67 931 16s. 31, which were .C 12,251 12s. 21: lees
than the The cliairtn:n explained the eligible
nature of the contract now made trdcr the present circum-
stances of the cmipany, and drew at en ion to the sacceor
of the company pr,vionsly, the dividends being at the rate
of 60 per cent., as a set-off wzainst the loss incurred during
the last tvelve months. This goi'etntnent contract would
,-nab!e them to es',ablish a new and profitab'e means of
occupying their vessel:. The report was agopted, and it
was agreed that, the directors shoull have power to raise
£20,000 if deemed rtqu'site to carry out the contract
tflbien Iy with the government. A vote of thinks was
then passed to the chairman and the directors of the com-
pany,