Northern Times.
Liverpool, Merseyside, England, 1859-11-28 00:00:00

CLOSINI

Ches.- & B'head.. 771 771,
Caledonian, 91i -911
E. Counts. .. 11 11 1-16

E. L. Stock, : Leeds Stock.... 464 47
G. N. Stock.... 102 103 S. Eastern .... 23 7-16 23A
Great Westerns.. 651; 65.1 Dutch Rhenish .. 41a
Lazr.-and- York Gt.•Luxeur:- . 7
Ln. & Nor. West. 95a 951 G. T. Canada .... 98 91
, I-shares .... 16-16 G.W.Canada 134 13i
M. Bs.. and Lincoln 35H 3511, new shares 7 61d
Midland Stock ..106;1 1064 Buie() &L. Huron 414 5
N. British St. -. , -591 .591 Great Ship .... 12 13
The weekly traffic on the Grand Trunk Rail-
way or Canada, for the week ending November
sth was £12,015 155., withl 880 miles. open; cor-
responding week of last year, £10,445 Os. 10.
with 880 miles of railway open.

LONDON STOCK EXCHANGE.
- Saturday Afternoon.

, In the English Stock Market no important
change has taken place with regard to'Consols,
-which were fairly supported at the average prices
of yesterday, and may now be quoted at 961 to
a, for Money, and 96-1- buyers for the account.
Bank Stock has been negotiated at 2271-;' Re-
duced Three , per ;Cents. 94t 1-; Indian Deben-
tures, 961 ; Ditto Bonds, .2 -pm.; ExchegAer
Bills, 295. pm., arid 30s. and 275. f6r Sinall.
In the English Railway market business was
small, with little variation of prices from those of
yesterday. Great Westerns, Berwick, and North-
Westerns,. it :fifactiOn better. The market for
Foreign Securities was dull; the
.prices had a
tendency downwards. Mexicans are flat; original
Turkish receded to 77 and 76a, and the New
Sixes to 6Cii. • French Rerites, at half-past twelve,
were quoted 70f.- 159.; the market described as
in lnimate.

THE ERICES.
J
I Consols, Money , 9G+ „-2 " Bank Stock.... 227 9
; Account 96=4 Three per Cents 941 5
Exchequer' Bills 27 30

RAILWAY
Amb. Not. &E. J.. 6
Caledonians . . . 901
Dutch Rhenish..
Eastern Counties. 55i
East Lancashire.
Edinburgh & Glas 781 91,
Great Northern 1021
A. -73
» 99' 3'
Gt. Westerns.... 6511
G. W. Canada .. 131 2
Gd. Tk. Canada .. 9R
Gt. S. and West. 110 112

- -
SHARES.
Lances. •& York. 971
L. &N. West... 954-
L.. and S. West.. 951
Leeds Northern.. .471
Man. Shelf. & Lin 351'
Midland Stock ...104
North British ... 59%
N. Staffordshire..
S. E. & Dover . . 78 z
York, N. &B. .. 92-*
York & N. Mid... 751
,61

The following appeared in a part of our
impression of Saturday :

MONEY MARKET, &c.
The English funds opened without any altera-
tion, and after a slight rise and fall returned to
their first quotation. The demand for discount
about the same as yesterday : very little done
below 2 per cent. A partial reaction this after-
noon set in, the railway stocks dosing 3 to per
cent. lower. Bank returns show an increase of
£124,934 in stock of bullion.—Tinths.
In the afternoon a decline of k per cent. took
place in the funds, notwithstanding the increased
firmness of the Paris Bourse. There was an
active demand for money. The demand at the
Bank continues steady, but is not likely to increase
materially so long as good bills are taken in other
quarters at 21 'per cent. No bullion operations
at the Bank to-day. The demand for bills on
Holland, Frankfort, and Hamburg continues, and
prices were again lower. The other exchanges
exhibit little alteration. In the case of Paris
firmness was shown.—Daily News.

COMMERCIAL.
The aggregate railway traffic of the United.
Kingdom, for the week ending. Nov. 19th, shows anincrease of £47,210 over the same week last
year.
It is reported that no call is at present ex-
pected on Lombardo-Venetim shares, but that in
lieu there will be an issue of obligations for one
million pounds.
The Morning Herald says it is reported that
the capital of the company which is to carry on
the brewery of Messrs.. Calvert and Co., will be
£600,000, in 24,000 shares. of £25 each.
The Times,in its weekly review,' says, the pro-
duce, markets have been, firmer this week, and
speculative en.quiry has slightly increased; in
several cases 'further improvement in 'price is
consequently observable, and transactions have
taken place to a fair extent for export.
The annual report of the Peninsular and Ori-
ental Company will recommend' a dividend of 31--
per cent., an additional payment of 11 per cent.,
.and a further 2 per cent. in connection with the
Wilcox and Anderson Fund, making in all 7 per
cent., which, with 4 per cent. paid in June, raises
the distribution for the year to 11 per cent.

STAFFORDSHIRE IRON TRADE.

n•
. • • - ..
Mr. Samuel Griffiths, in his weekly circular, sais:—
The Iron trade of South Staffordshire continues steady, 1
hiaitebyino means brisk. The Chillinflion Iron Company
0,
this
a one of
United
blowingtheir furnaces at Moscly Hole
mi'. Pell, blastathe_. has been taken off two furnaces by
arc
The orderat,r
week, and for NtViliendmill End, and Messrs. Hickmans
small
sidered, by parties in
qtuhaentt'irtair only,
the demand for the States will
moderate . scale until after the t •
Very ,few orders of late have
out their Stonefield furnace.
nited States being few again this
continuerisers
and it is now cOn-
efaeiveodn
trade, well able to judge, that
Countries ftrhoem samethe
been of the present year.
jessom
wehriarsure
Mediterranean • this falling off a
froth the unsettled state of the
c de•
pend upon - the ports of Genoa and Leghorn for a
supply. No doubt the depressed state of the trade
in the south cf France has induced the French Iron_
masters to endeavour to compete, more successfully ,with
English Iron in these markets, the freight from Mar- ,
seines being very favourable for French produce, as
compared with Liverpool for Staffordshire Iron. . The
heavy edge tool trade here continues depressed; and
although the large, cut nail works in Birmmgliam and
Wolverhampton are generally working full time, there
is greater competition among the iron manufacturers 1
for this kind of Iron; and on this' account Nail Sheets I
arc to be had on easier terms, On the other hand a '

INTOR,T#ERN
_

fair sprinkling of small orders has been received from
South America, and the last advices from China are more .
'avourable, and a fair- quantity of. Rods et luperior
quality are now being slit in the district for Cantons_
Shanghai, and other China ports. Several small orders
have likewise Amen given out this week for -the East
Indies and the Straits; On' the whole we have no
change whatever to notice in the general tone of the
market since our last report, fixed rates being adhered to
by leading firms, Pig4reii The-market li:as:been
quiet during the week. With the exception of one sale
'of 1,600 tons, at Birmingham, on ThursdaY, the business
done has been trifling in StafThrdslaire Pigs since our
last. The price for best Hydrates and superior All
Mine Brands, continues firm, but for kinder !Pigs, and
all other inferior kinds, the market is ,woik and prices
irregular. The Iron trade in Fronde, I can-state from
personal information, been ,eonsiderably depressed
during the last four months, particularly in the Departe-
ments ef the' Loire, Rh-One, and Gard, where'the business
at the large foundries has been languid in-the extreme,.
and up to the middle of October, not more than half the
usual work was going on in the general foundry trade..
Since then more activity has prevailed in all these
Deptirteinents:.''At:"th'e extensive *arks of die eminent
firm of J. Mires and Co., St. Louis, near Marseilles,
one of the blast furnaces has been blown out, and the '
large foundries of this firm, at St.,Lonias have felt: the
depression, in common with other firms, although they
arts still engaged cal a governmenttontract in thefoundry
here. The large works of Montataire, which belong to the
Montataire Company; are-net in full work ;the-demand
for Tin Plates, Turn Plates, and Cast Steplifor which
the Montataire CoMpanY is faineus, hiving fallen off
considerably; nevertheless these works continue tdlerably
employed on Tire Bars, and large Plates and Sheets, of
which they make considerable quantities. These 'works
are situated close to the railway,. about 50 miles from.
Boulogne, at Montataire: There are two-lal-ge steam
hammers, , two squeezers, and twelve steam engines,
exerting an assgregate poWer of 1,500 horse, in-
cluding the effective power of two water wheels:
This work contains eight charcoal fires and eighty
heating - and :puddling furnaces ; and the make
of Tin Plates alone, when trade is good, is 26,000
boxes annually. The works at Verte Voir. pros
Boulogne sur filer belong to the same company, and
consist of two blast furnaces : one' of these has been-
blown out some time since, owing to the depressed state-
of the trade. Monsieur Muller, managing director here,
is a.scientific man; he produces 130 tens of Grey Forge
Iron per week from the furnace now in blast. Hot
blast-is-used, and the gases from the funnel head of the
furnaces are consumed to generate the steam, for the
engines and likewise for 'the 'hot air Ovens, and act
bessntifully, .4 Valenciennes,- there are five blast
furnaces; two 'Of Which are bloWii. out. M.' Penard's
extensive works at Marquise havolikewiselelt the effects
of the depressed state of the trade. The foundry here is
one of the largest and most complete in Europe; and the
extensive 'fitting, shops are replete with lathes of every
, kind, and other machinery, which would do credit to,
the shops Of' Manchester or "Newcastle-on-Tyne. A
most extensive business is always carried on here in
Pipes, Bridges, Girders, &e. In this foundry they
have been better off than in most others in France
1 duririssall the year, haying some good orders on hand for.
Russia and Spain. There are four blast furnaces here,
all of which consume the gases for the boilers and
hot air ovens, which answer ' maitrsuceessfiilly. 'There
are two furnaces out of blast here. M. Peaard_ is one
! of the most enterprising and successful ironmasters in
!France ; and the works at 'Marquise 'are well situated
!for the French In n Mines_ which is found broadcast in_
ttie neighbourhood, two or three feet fromthe surface.
IM. Duville is the ;managing,: direct% here. - ThO
extensive works in tie vicinity of Lyons are slack, and
!several of the furnaces are out of blast. The official list
lof prices of finished. -Iron is, as follows :-Common ,Staf-
fordshire Bars, £7 10s:works;
at the best Bars, £8 10s. ;
Sheets, £9 ; Doubles, 'llO 10s. ; Nail Sheets, £8 10x. ;
Latin, £l2 ; .Boiler Plates, £9"; -best and best best in
proportion ;7common . Rods,. £7 10,s. ; Hoops, £8 10s. ;
Gas Strip, £8; Canada Plates, £l2; and all other sorts ,
4,m proportion. Current prices of" Pig Iron, Stafford-
! shire Cold Blast, £4 10s. ' • -best :Native -Hydrate
Pigs, £3 15a. to £4 2s. 6d. ; first-class All Miss°
Grey Forge Pigs, £3 10s. to /3 15S; goad Mine
Pigs with a modicum of Flue Cinder,- £3 to £3 ss. ;
Mine Pigs, deteriorated by -Cinder, £2 12s. 6d. to ;
Grey Forge Cinder Pie Iron, £2 /s. 6d. to £2 12s. 61. ;
Melters, Nos. 1,2, and 3, £2 15s. to £3 2s. 6d. ;
superior makes of all Mine Melting Iron, £3 10s. to
£4, according to make and quality. Favourite Shrop-
shire and Forest of Dean Brands, £4 10s. The Glasgow
Market for, Scotch Pigs has been very animated, and a
large business has been done during the week.., The
price gradually advanced from 52g; to 535. 9d., bash,
which ruled on Wednesday, and at which rate very con-
siderabTe lifisineis was transacted. It appears that specu-
lators ,have. faith in -a speedy settlement with thecolliers;
who aeinand- an advance of wages ; this, together
with the brightening aspect of foreign politics, brought
:speculators into the- market, and induced the Bears to
turn buyers for their own safety. The prices yesterday
(Friday) wev:not :quite: so good; Say Mixed Nos.'
-Warrants, buyers,: 535. 3d., sellers, 535. 6d. ; No. 1;
G.M.8., 535. to 535. 6d.; No. 3, G.M.8., 535. to 535. 6d.;
No. 1, Gartsherrie, -565.; Calder, 555. ; Coltness,
545. 6d. ; No. 1, Glepgarneck, 545.-all nett prompt
cash. Shipments for tie week are '8,668 tons against
8,660 tons in the corresponding week last year. "There
was a -meeting of- the masters yesterday (Fridas,),
when they resolved not to -grant the advance demanded
by the colliers." ,Copper : 3,151 tons of Ore were
sold at the Redruth Ticketing, on Thursday last, average
standard £l3B 6s. This sale Shows an advance of
£1 16s. per ton, as compared with last week. If coin-
pared with the corresponding sale of last month, the
advance in the standard- is £6 17s. 6d. The demand
for the metal has improved this week ; and, although the
smelters loose manufactured at fixed rates, cake and
• ingot, smelters object to sell, except in small quanti-
ties, at cursent rates. Holders of Burra Burra demand
£ll2. Capunda in in much better -demand., Copiapo
has fetched *£1.07 .ss. per ton. We' confirm the opinion
expressed last week, that fixed rates- May probably
soon be advanced in this metal. We have just_
received a tele-grain- advising an -acliinie of £5
,per ton on ingot, -and, id. per., pound on manu-;
tactured Copper. Tin : -The' market for English has
improved. Smelters ,refuse large- contracts for for
ward delivery.. Baum. and Straits are in less favour_ than
English Tin Plates : The denaiiidra; shade better," I. C.
Coke, 255. to 255. 6d. per box. Spelter : A large- busi-
ness has been done this week, and several parcels have
been bought by speculators ; the price hag advanced from
ss. to 10s. per ton, £2l having been paid on the spots-
/21 ss. to £2l 10s. ex-ship, and small plates W.H.
brand £22. :We referred to the anomalous state of the
Hamburgh and London markets three Weeks since, and
then stated that in face of the price in Ilamburgh,
this metal must advance here, when the market was
cleared' off all Second-hand lots held on this side.
Leacris in much better request, particularly for ship-
meat • and although no advance can be repOrted
price, tone of the market is decidedly..better, with
considerably more business doing.

'LIVERPOOL COTTO:Nf MARKET-Noy. 26. ,
There has been a quiet market for 'Cotton today,
without any material change in price. The sales, m--
eluding 40 Pernambuco, at Tad. to 8-1-d. ;.30 Maranham,
at Bd. ; 200 Egyptian, at nd. to 94d. ; and 2,000 Surat,
at 41d. to 5Ad. are reported 7,900 bales,, of which 1,500
are on speculation anctfor export.
ST. JOHN'S MA:

s. d. s. d.
Beef 44 lb 05a 0 7
Mutton
Veal
•Lamb, fore qr ~ 0 0..„ 0 0 .
„ hind qr „ 0 0„ 0 0
Fresh,Pork ~ 0 j si„ II Di
Lobsters „ 0- 6 „ 0 10
Salmon
Cod Fish
Soles
Bret
Turbot
Haddocks „ 0 3„ D 6"
Fresh Butter „ 1 2 „ 1 6
Salt ditto „010 „ I 2
Grapes, for. „ 1 6 „ 2 0
Do. Eng „ 4 0 „ 5 0
Clierries „ 0 0 „ 0 0
Damsons , 0 0 „ 0 0
Eggs 41 124 8 0 „ 9 0
Peas, V peck 0 0„ 0 0
Potatoes, ift peck 0 8 „ 1 2
Asparagus, 100 0 0„ 0 0
LIVERPOOL AGRI CULT

d. s. d.
nay, old ....... 0 11 to 0 12
Vitt°, new ... 0 8 ... 0 11
DiCo, clover... 0 8 ~. 0 101
Green Clover . 0 0 0 0
Vetches ...... 0 0 ... 0 0
Straw, wScai • 0 4 51. Ditto, oat 0 51 .., 0 6
Ditto, barley 0 36 ... 0 4}
Oats, in straw. 0 0 ... 0 0
P.otatos, flukes 4 .. 3 6

,RKET.—Nov. 26.
. • g. d s. d.
Fowls, couple 2 6.3 0
Ducks
Rabbits,* c'ple 1 6 „ 1 10
Pigeons,• ~---- • 1 0 „ 1 2 -
Grouse, ifs brace 4 0 „ 4 6
Partridges per br.l 6 „ 2 0
Black Game „ 5 0„ 5 6
Pheasants,Vbrce 4 „ 5 0
Snipes
Currants, r&w. 0 0 „ 0 0
GOoseberries,p.qto 0 „ 0 0
6trawberries,*qto 0 „ 0 0
Larks doz 1 0 „ 1 4
Geese each 3 0 „ 5 6
Turkeys • „ 3 0„ 6 0
Hares
Cucumbers, each 0 „ 0 0
Apricots, per doz.° 0 „ 0 0
Peaches, each 0 0„ 0 0
Nectarines d 0.... 0 0 5, 0 0
Pines, for., each 0 0 „ 0 0
Do. ng—. ~ 5 6,, 7 6
Filberts, per lb. 1 3 „ 1 6

URAL MARKET, Nov. 26.
s. d. s. d.
I Potatos, kemps 3 7 to 3 9
Do. Seedlings. 2 8 2 1]
I Do; whiterocks 2 6 ~. 2 9
Do. Balshaw A 0 ... 0 0
Do. Beldrums 0 0 0 0
Do. cattle
Turnips 23 0 ...25 0
Carrots'
Mangelwurzel 22 0 ...24 0
Manure

THE DAY'S NEWS:

, .
There is little dcubt, we belie've, that the delay
of the preparations' for the meeting of the Euro-
Teat), Congress, is mainly 'owing to Austria.
France has not found much practical difficulty,
after all, it is understood, in its negotiations with
England on the subject. We do not mean to say
it is quite certain that there are no differences, of
_opinion remaining between the two Governments;
but they are not such as to be incapable of adjust-
ment before the time of meeting arrives. It is Aus-
tria, it is said, that obstructs the settlement of the
-several questions relating to Central Italy, yet
undecided,•thus presenting the most formidable
obstacles to any such common agreement, respect-
ing the objects which the Congress are to keep in
view, as may be necessary:to be adjusted before
_Congress assembles. One of the most difficult of
those questions, it is believed, is that of the
Regency. The 15th of December had been fixed
as the day on which the Congress should meet; but
it is now considered scarcely possible that all the
Plenipotentiaries will be ready by so early a day.
It would now appear that it is not merely a
" disarmament" on the part of France and
, England that the French Emperor is anxious to
promote, but one which, would have an extended
range throughout the whole of Europe. If it be
true that Lord Cowley is charged by the Emperor
Ito renew his Iniperianlajesty's assurance of con-
' ued fidelity to the good understanding he has
always sought to. maintain with this country, and
that .such reassurance is accompanied by ex-
pressions of his Majesty's earnest desire for a
general disarmament' in Europe, we haves cer-
tainly better grounds on which to rest our hopes
of peace than there have been in that quarter for
Some time past. The announcement of this course,
on the part of the, Emperor of the French, is said
to have made a very favourable impression already,
—lief only iii -his own -capital, -FuTaiewhefe. It is
fortunate_ perhaps that France feels the necessity:
of securing England's assistance, to, settle the
Italian question; and this for far more important
reasons than that England-487in a position to re-
quire the aid of France in bringing the Chinese
difficulties to 'a satisfactory termination. '
The Times has been discussing the Shipping
Interest ; and very ingeniously strives to give
quite a new turn to the question; contending
that British shipping means sailing ships, not
-steamers, and that. the former have a right to be
protetted against the formidable 'rivalry of the
latter. From this point, however, it diverges to
another, and a very different one. " Whenever,".
it observes, "the shipping interest, meet together,,
they do 'so for the purpose of crying out against
the repeal of the Navigation Laws, and generally
show no inclination to go beyond this one topic.
Yet on this point they have obviously no case at
all." Now this, in the first place, is not strictly
true.. A. meeting, for. instance, is to be held to-
morrow-in London, not "for the purpose of crying
out against the repeal of the Navigation Laws, but

to take into cons'.deration • the increasing de-
pression and pr.ese.iitt ruinous condition of the
Shipping Inte'.eest, and to take such measures
thereon as may be deemed advisable." It
is not, we believe, the- wish of' the Ship-
ping Interest to repeal the Navigation Laws,
but •-only to get• relief froth• such burdens
and diSadvantages. •as . keep"AlitiS' great in-
terest in a state of ruinaiihnklepression in
the new state of things created,by the 'repeal
of the navigation laws. So far from the. Shipping
Interest proposing a return to the prohibition of
foreign ships, • our shipowners are only anxious
that such ships should not have advantages over
our own, but that there should be -a just and fair
reciprocity: When, therefore, the leading journal
asserts that this idea of absolute prohibition has
taken possession of the minds of our shipoWners
to the exclusion of every other, it states that
which is a great. miarepresentation of their real
wish and. intention. . • •
By the arrival of the British and North Ame-
rican Royal Mail steamship America, we have
intelligence, from. Washington,.to• -the 14th, and
froth New York to the 15th inst., together with
telegraphic . despatches from New York, - rid
Halifax, to the 17th. The intelligence brought
by this arrival is not of great general importance.
Some uneasiness seems to be felt in the money
market of New York, but no immediate contrac-
tion of ordinary business seems to have taken
place or to be contemplated. • •
An interesting letter. will be found in another
column, exposing some gross abuses in the Liver-
pool Workhouse. One would :have thought it
incredible, had it not been vouched for on such
respectable authority as that 'Of the gentlenian
whose name is affixed to the communication; that
a state or things like that described could exist
in an establishment considered, to be under the
vigilant control of a Parochial Board. It is
evident that the confidence of that Board must be
grossly abused by some 'Of ,the officials of
,flie
establishment. °Ur Correspondent has taken
up the matter, he declares, "On the score of
humanity and justice ;" and there -is -no reason
whatever to doubt it. Let us hope that it will
be dealt with accordingly, and withont a
moment's unnecessary delay. •

WE took occasion, the other day, to contrast a
patriot band of Volunteers and a large standing
army, in the respective characters of their ideals .
and this may suggest one conspicuous danger
, .
which attends the spread of the present warlike
contagion among the general classes of the people.
The hired soldier. may, at most points of his
career, be left with tolerable safety to nurture his
notions of duty and discipline upon inadequate
motives; but the volunteer, if he be not a patriot
all over, soon degenerates into a bald and in-
flated copy of his " regular" exemplar. The esprit
de corps and the glory of his arms, fortified by a

repressive system, animate the mercenary to great
and heroic deeds, though national honour may be
'at the same time far removed 'from the real
motives of the strife. But the volunteer can
have little inspiration lower than the highest,
and fights.for nothing short of the inviolability of
his country 'and his home. It is natural, there-
fore, that his accustomed feelings—even when not
in presence of the one great danger—should par-
take of the dignity of that which is at all times
so exclusive an aim. The altar of patriotism
should be fed with no false fire, and the motive
which disdains all inferior association shopld be
at all times paramount.

Yet the nature of the materials we have to
work with, even for the defence of a nation and for
the repulse of the invader, teach us that we cannot
repudiate the aid of inadequate motives. If the
grace of a uniform an 3 the distinction of a title
too often decoy vanity into the army, we must
expect the operation of the same inferior impulse
upon the Volunteer. If the soldier thinks, in the
first instance, of little else than following a trade,
we must expect to see the other content with a
popular and flattered recreation. It .is but for
brief intervals of ourmental history, that any of
us, perhaps, but the very highest natures are
conscious of the presence of the best motives ; we
have at. most a . belief in. them--that is as, an
ordinary condition of the mind, and on all but
great occasions accidentally or unconsciously
act upon them. Even :the. saint .neecls „the ,ap--
plication of a vivid spark to elicit his latent
fire, and has ..to accuse himself of habitual
dulness and lethargy. We have no reason to de-
spair, then, though we too often see the youthful
Volunteer eager with nothing but the eagerness
of sanity, and evidently oblivious to the true'
ideal of his calling. When the present_ feverish
apprehension dies off, and with its novelty much,
of, the
.popularity wears away, from the new
movement, we must be fully prepared to see
signs of a growing slackness and diminution of
fervour among the irregular soldiery whom patri-:
otism has summoned to her cause. We must not
then forget, that whilst these national defenders
will sink down into' the dull routine of the'ordi-:
nary military life, they. will want the 'motives to
attention and zeal:which a mum (sways finds in
that which is his business.-- --To prepare for the
revulsion of feeling which is so likely to follow
a violent and spasmodic impulse, we shall do
well by discouraging, as gently as may be,
the factitious expression which the latter has
a tendency .at present to adopt. Let not our
Riflemen be encouraged -to—depend for their
incentive upon the ' excitement of a public
parade, the transports Of poPular ovations, or any'
'other of the pompous and superficial " circum-
stance of glorious' war." Let them not be en •
couraged to seek opportunities for displaying the
glories of a uniform, or dazzling the eyes of hilly
women. • The well-bred gentlemen of the line
will afford'theni an example of reserve in places
.of- public resort; and it will be an ominous cir-
cumstance when the appearance of an officer's.;
dress is taken as signalising the 'presence of a
" Volunteer snob." It is above all adviSable, that
the contempt .of the' regular army should not be
lightly Provoked ; and that no similarity should
be affected, but in the general unity of object,
and in a grave sense of duty.
hue judiciously --
handled, there can be
T
a ,
question that a Volunteer armament symbolises
the tn..'
+ est military spirit that can animate
is such military spirit as this which I
, • people. J.-

NOVEMBER 23, 859

by a natural reaction, both springs from patriotism
and nourishes it, whose dem.; precludes the ref
of a people, and testifies that that ruin is deserved,
The possession by great generals or great tyrants
of large standing armieS, does not denote the
presence of that subtle and sympathetic fervour
which rolls in.the veins ,of vigorbus and
virtuous race, and is the outburSt'of a deep and
enthusiastic character. The true. military spirit
is not manifested in the fussy wish to see pageants
and shout in a crowd after a Guy in armour.
is its hollow caricature that we see,in thesight`
seeing solicitude of a vain populace, or an idle
peasantry. Such an eagerness and such a delight
are shared with the coward and with the child.
Indeed, it is the most,pusillanimous that finds the
greatest satisfaction in exhibitions of power ; old
.
an unwonted-glee in identifying hinagelf with the
emblems of a danger in which he is not personallY,
involved. Rome was indeed " a military nalpn,
when :she was a nation of ,patriots ; but it Icas
when every Roman was a soldier. Long after
the Military spirit died out, with the patriotisal
that gave it birth,. she was still the scourge of
mankind ; and the whole„earth shook beneath the
tread of her multiplied legions. We would 130 t
be the military power to imitate Rome is the
most imposing feature of her decay. 111'
unwieldy and bastard strength which overo.o
vulgar ininds, speaks of no life-blood circulating
at the heart of a nation. It is.as the expressiell
of patriotism that the military spirit shows Old
makes a people great, for it is only then that it i 4
raised to the power of self-sacrifice; and tesOes
the courageous readingss to die for that Which
we love.

Whoever has the direction of a Volunteer corPsl
let him bear in . mind that this is the suPet-
eminent manifestation of national life which he
has charge of; which he has to encourage, t°
train, and to preserve.

IT is important that the public should under
stand clearly what is the real object of the Rath ;$1
demonstration that is about to come off in tiver-
pool, under the auspices of those who call them"
selves • the " Financial Reform Association'''.
Now, in the first place, let it be borne in niiildt
that the great instigators of this proceeding, Oa
those who are to, take n.leading part in it, are the
" Advanced Liberals," as they are styled—which,
being interpreted, means the Radicals. Trey
want a radical Change in the institutions of the
country. They want to republieanise our u'-
stitutions. . Their ostensible end and
on this occasion, it is true, is the further-
ance of a radiCal change in our financial
system. But this would be only' a means t°
another end—the great end of all—that of effect'
. •
ing organic changes in those institutions under
which this country has grown to its present high
pre-eminence among the nations of the world.
This "Financial Itcfori." oulietue liar Lare34
been used very powerfully by Mr. 3-°°
BRIGHT, in furtherance of his republicanising
objects. He has been going about the country
persuading the working classes of the people
that they were 'oppressed by the present
system of taxation-4hat it • fell unfairly upon
them—that the upper and middle ranks Of
the people, having an influence over the legis'
lafure which those below them in the scale of
society have not, employ it to depress and injure
those who are already in such needy. circuta.
stances as to be unable to offer any resistance. The
huinbler orders are told, that in the absence of any
enjoyment of political privileges they cannot exert
their legitimate influence, or attain their j" $t
rights. It is by incendiary statements suell
these that demagogues have- always found the
means of securing popular applause. And there
is very little doubt, that Mr. JOIIN BRIGHT °Wet
his popularity among those classes; in a very gre'le
measure, to his having pursued much the tile,
course as-others have done-, who have gone b°7l
him in a similar career of mischievous' pulit/f
agitation.
‘e
The fact of the matter, however, is the :j1
e.
opposite of that which those who pander it,
passions of the people :invariably represeg'
As one of our contemporaries, the other OA lc:
P
observed,' "the truth is that the whole gegias
our modern taxation has been to relieve the r:
tae
man and lay the burdens of the State on
classes better able to bear them. Not only ba
the remission of £10,000,000 in our customs do
taken place, and the excise taxes been care
o 0
prevented from any increase, but direct igiKn
tions, in the shape of an income tax awl
ita
extended succession duty, have been
on the upper and middle orders of s°c/cLI
in order to balance the reduction made --ae
favour of the working classes. IV e
not speak here of the repeal of the corn 10. 12
ditle o
an immense boon to the poor of every cOO of
°
though directly tending to diminish the /31ilrc-
th
agricultural property, and thus falling eg Vie,
sources of the rich man. Neither do we n"
the
or"
special reference to the penny postage, p„, •
parliamentary trains, the large educational g
then
&c., all greatly aiding the means of the not
'realirnienVthe glt r
mi s
of uf ffit r itehn tint oi‘state
RtihGaitat,hs e;sie:rtino on
that the poor man taxed in a mean ad.
manner to sustain the rich in ease, lax-1111'
'security." '
Such being the case, it is more than q
ablethat, even were our institutions republical
to the heart% content of such men 35 be'
BRIGHT,the great body of the people
Le us w°lllut
tt,t
Ony better off, as regards taxation. ericoa
glance for a moment at the case of the Aig
nearly 311 it°
republic. As a federal republic, g that
revenues are derived from indirect taxation-
,ra.„
• are 1
is, from customs duties; and these dal e° too
posed upon many articles. of general consura2