Northern Times.
Liverpool, Merseyside, England, 1859-12-08 00:00:00

Apply to •

Western, 98,- 74-, 8, t, ; ditto IT Shares,
!,--; 9-16 d. ; Manchester, Sieffield, and Lin-
coln, 37-i.; Midland, 1081 ; South Eastern,
24 7-16 4,-; Warrington and Stockport, 8 15-16;
Grand Trunk of Canada, 9 9-16; ditto, No. 7,
1872 cunt int. 71 ; Birmingham Guaranteed
(Great IVestern), 74&_: Chester and Holyhead
(L. and N. W.), 49Z ; Bank of Liverpool, 1011 ;
Pacific Steam Co., 80.

CLOSING- PRICES.
Chester & B'head' 78,1 78- N. E. Be:. c. Stock 943 95
ni Caledoan
Q 4
E: Counties 1.1. 5-1911 7-16 Leeds. Stock . . 481 483-
G. N. Stock lO5 106 S. East. 7-16 244
Greta, Westerns O9 -671 Dutch Rhenish 43- 4;la
Lan. and York
Ln. & Not. West. 98:14 98;;' G.T. Canada .. 91 9 9-16
, 1--shares" .... 4 !A G.W.Canada -131 13a
;XI.I S. and-Lincoln 373 27i . • „ new shares 7 61,1
NallandStoa 103;1 .108 i Buffalo kL. Huron 4;1 4-1
N. British Stock.. 61 62' Great Ship .. 10 11
N. Stafford
- s 4

LONDON MC:

[i EXCHANGE.
Wednesday Evening.

The Market for English Securities. has not to-
clay presented • any important feature. Consols'
were- maintained with average firmness at the
opening, but no advance resulted; and the ten-
dency" at a later period of the morning was
slightly adverse, subsequently they became
firmer, Consols for money being now quoted 97 to
and 971- for January, Bank Stock •has been
dealt in at 228 and 2264; Reduced Three per.
Cents., 951 a 4; New Three per Cents., 954 K ;
-and Exchequer Bills, 20s. and 275. prem.. New
Indian Five per Cent. Loan is at 1051 to 106,
showing a relapse. Shares of Ocean Marine In-
siirance are steady at 11, to 1;,-14 prem.
In the English Railway Market the
.tone has
been. firth, btit -buSiness Was not extensive in
character. London and North-Westerns, with
SouthrWesternS, tnay.be
.considered c per cent.
better. South-EOttrns a trifle steadier.
The Market fosr Foreign' Seeurities *as dull,
and values in some cases deteriorated. , Mexicans
show flatness at 22* ; Sardinian have fallen * per
cent. ; .Original Turkish brought 78 and 781 only,
and the New Sixes 651 and A-.
French Rentes at twenty minutes past twelve
were quoted 69 85, and subsequently 69 95 ex
coupon. The market described as very Arm.

COMMERCIAL -CIRCVLARS,,CATALOGUES,
-n x r.,‘ t. 31 Cr" II I E
(Saw:lessors to CHARLES WILL?..IER,) .' • .
GENERAL PRINTERS, -
Are in a roaition to.. execute, on the. shortest Rotice, and with
correetaiOss, COMMEU,CIAL CIRCULARS, *CATALOC/UES,,
&c. .
PRINTING OFFICEs, 15, SOUTH JOHN-STREET. -

present moment -to preserve order in its outlying-
provinces. - - • • -
We have not received any more authentic
accounts about the war in- Morocco, except sore,
flying reports which are circxlated in the politi-
cal cotes os of Paris, to the effect that tke
Spaniards, although wieldinga greater numerical,
_force, have suffered .a repulse, which. will pro-
bably damp the ardour of enthusiasm with -w_aieh
the declaration of war was received in Spain.
The...Vol/lute er. 'movement c ontinues _to _pzogre
as
,it ought to do. It cannot but be encouraging
to all contweted with this great..natioual
of self=deftinee to find the, speaker of the iThilSe
of Commons, like the noble Premier, enrolling
himself in 'the 'volunteer ranks. In. cornitacon
with this subject, it is Satisfactory to learn that
our na val armamehts are being vigorously ljushc d
forward tQ completion,—orders have, just been
Sent to Chathain dockyards to take on additional
hands for the purpose of completing the ships of
Vvar•now an the stocks there.
It is with no little degree of pic.,-,re we
observe that the humane and excellent :L-iples
of the "regulations issued by his Il'oya !Highness
the Duke of Cambridge, regarding flogging.:m
the army, are shortly to be adapted to the naval
branch of .tile service, in conformity with a cir-
cular from-the.AdMiralty.

A monthly and special meeting of the Town
Council was.held yesterday, ample details of the
proceedings at which will be found in'another
part of this day's paper. The matters brought
under discussion, thought not of themselves such
as to create r. very lively interest, were generally
ofgrave importance to the community. One subject

of, deep, indeed of vital, interest to the port, the ens-. i
Cody and working of the ." chain-testing" machine
belonging -to the' Corporation. As was _well
stated by Mr. Tobin, the value of such " insti-
tution" M a port like Liverpool, is indeed beyond
all hunian .calculatien. The public will learn
with satisfaction that the Council is alive to the
value of such an institution, and will be further
•gratified to learn that , its services and efficiency
will be made available for public purposes. • The
subject of the refusal of the Town-hall for holding
_ the Riflemen's ball was brought forward, and
as might have been
,expected, from his
-known cOurtesy' and - the general benevolence of
. his _d:sposition his Worship the Mayor showed.
that personally he had not had any hand in
preventing the use of the Tpwn-hall from being
.grfanted for the purpose, the granting or denial
of the use of that edifice resting entirely with the
Town=hall:Committee. •
• : An important and highly interesting' meeting
was held in the'Collegiate Institution last' niht,
-. for the_pagose of promoting the interests of the
protestant CiilTege at alta. The meeting was`
.presided over by Mr. T. 8.-1-lorsfall, M.P. An
addrbs's .0f great: length and tnuoliilegital-force-,
was delivered by the Earl of Shaftesbury, in
faVour of the objects sought to be accomplished.
The meeting was a protracted and interesting one,
as will be seen from the very ample report which
I we give of it elsewhere.

•

WE rather imagine that some people will be
surprised at the power of resistance to- her po-
litical assailants, which the Chinch. of England
seems now fully prepared to. display. it will
startle on the one hand those 'timid spirits who'
have been frightened into a mistaken* subrnisSion
"by the rude onslaught of -factious sectarianism ;
and on the other, thOse who calculated on the
Church's instinctive distaste for secular ,politics,
as leaving the
.way open and secure for their
ultimate designs.
In truth the Church -labours under peculiar
disail.vantages,in these contentions. A new and
irregular power has of late years developed itself
in our social system and seems about to
take its place among the fixed agencies of public
opinion and national-- politics. We mean
the epower ,`of `agitation. This power too often
'differs from the ordinary-methods of revolution
. . _
_only in,this,. that its objects are effected ..hy a
prolonged process, and not by sudden demhnstra-
tions. The appearance of actual violence is
therehrescaped; and the attainment of its-Object
ascribed to the force of opinion, though -in- fact, -
it has been forced upcin- opinion. The plea Of
force is not directly put in to press) its demands
'upon the Legislature. The concession is not made
_ to stop the-flow of blood; or to stay the progress
•
of an armed band ; but though not, put- into
words, nor consciously obtruded, the motive at the
bottom may be all the while to avert a...revolu-
tionary- derponstration which a longer refusal
would provoke. Many reasons, therefore, may be
given why an unwearied process of agitation has
become the surest means of forcing unwilling,
concessions upon existing authority. Yet it is
no less a dangerous innovation upon the regular
forms of the Constitution that, to the persevering
agitator, the question of over-riding the public
expression of .the best opinion in the country,
should be merely one of time and opportunity.
The force of
_public opinion is we admit, the fore-
most element in modertr life. But this prepon-
,
derance obliges us to be there careful to:detect its
pretended manifestationO, and preveutits violent
.3.
but subtle distortions. Propositions are,. session
- after session, pressed upon a Legislature which
has again and again pronounced its deliberate
and unfavourable judgment, and when• nothing
has in the meantime occurred- to change the cur-
rent of its opposition. Now when an attempt7l
is made to tease' the Legislature into grantingl
out of sheer- weariness and disgusthat (of
its own mere motion it would withhol'd, the
parliamentary mouthpieces of the: agitations'
are guilty of depraving the Constitution and
introducing seditious . precedents. But they
are'also guilty' of offending the majesty of4hat
public opinion which they affect to exo.ltciand, of
surreptitiously and violently superseding. its
-
influence. The instances of success which have of
late• years attended this method of coercion are
certainly not such as to justify it in our eyes, but
only fo intensify our notions of its dangerons ten-
dency—a purpose which the instances of its
perseVeranhe still in suspense must similarly

serve. No one, for example, catisay that this con-
stant pestcing of the Legislature with the Ballot,
and the Wife's-Sister's Marriage Bill, is -at
all reconcileable either with respect -for the
forms of the Constitution, or for the healthy
expression of public opinion ? Nevertheless, it is
more than possible, that unless the political, and
the religious mind of the country acting in Par-
liament, take some resolute notice of this uncon-
stitutional impertinence of agitation, honest con-

stituents may have imposed upon them the
'electoral prifilege Of rogues and cowards ; and
~,those who reverence GOD'S Word, witness another
4 '
*tain cast upon the sacred marriage tie by the
Legislature of a Christian . country.
This, then, is the power. which the Church of
England has, in these days, to - encounter, at the
hands of sectarianism ; and which begins by as-
sailing the secular accidents
.of her position. The
..result calculateS nitin -in The tong -run,
whatever be the object of its"attack, may carry
.with it additional probability, .when ~ a spiri-
tual body is that object.: The Church of Eng-
land. does not fear an honest and
.spontaneous
public opinion. There is not an impression which
,the more conscientious but tog. eager reformer
hurriedly takes up against her character and
claims, which inquiry does 'not serve to modify.
There is scarcely a " crying abuse" which does
not turn out either wholly imaginary, or to be
'the accidental-result- of -extranems *circumstances
which all are willing, and will soon be able to
change. In the hands of heneA public opinion
we arolibntent to place the Church's political
cause. Neither are we afraid -of too rough a
handling, if only it be . honestly and truthfully
administered. But of the peculiar arts of modern.
agitation, we are not ashamed to say that the
Church. and we have occasion to be afraid, in
common with every useful institution and every
righteous cause. There is, therefore, the more
• reason that Churchmen should persevere in their
.present tactics of diligent and fearless • defence,
and learn the disagreeable duty of coming down
, .into-the arena of factious sectarianism.

We have left ourselves no space to refer more
particUlarly to the admirable speech Of Sir JOHN
COLERIDGE at Exeter the .other day, upon the
subject of Church-Rates though it has sug-
gested these comments—and; for the present,
must content ourselves with commending it to
the attention' of our readers.

-TT -will be no disadvantage to the Shipping
)Interest that the leading journal, together with
'every shade of the Liberal press, has decried and
ridiculed the important meeting of shipowners
held in the metropolis. At that meeting deputies
from the various seaports attended to represent
thezeal state of the commercial marine in their
various localities. Notwithstanding the con-
tinental reputation for gullibility which JOHN
BULL has credit for, yet, still he arrives
at last, from his sterling good common sense,
-at right and just conclusions. For a tine
he may be, and is often misled by the plausi-
ble sophistries and illogical fallacies which
political and financial empyrics in attractive
and showy colours dress up for his deception.
.- • It is, by all detractors of this important branch
of our commerce, admitted that at the present
moment the Shipping Interest is in a most de-
pressed state, and that they who have in-
vested in it capital, do not 'receive that fair
and adequate return which their enterprise
deserves. We are well aware that the very
remarkable discovery of, gold in California and
Australia stimulated this Interest immediately
after the repeal of the Navigation Laws in 1849.
Superadded to this, the Crimean war and our
embroilment with PerSia operated as impulses to
increase largely the introduction of capital into
- ,the Shipping Trade.. The large emigration which
such discoveries induced and promoted, caused a
-great demand for the transport of such adventurers
to these*golden fields. This emigration to un-
cultivated plains, rich only in mineral productions,
rendered it necessary that exports of all the
. necessaries of life should be shipped for con-
sumption in exchange for the -gold which the
fortunate delvers had obtained. These two cir-
cumstances combined, tended without doubt,
for a period, to render less apparent the very
unfair and unjust position, into which the British
Shipowner had been thrown by the unwise and
rash concession which opened all the British
ports to foreign bottoms without the equivalent
of reciprocity.

Let the Shipping Interest show the same activity,
arid use the same means for the assertion and
maintenance of its equitable demands which
parties adverse to their claims employ, and
there can be no doubt but that even-handed
justice will be dealt out to them by a
discriminating and rightly informed public. We
counsel that this town, so deeply interested in
the welfare of this branch of commerce, should

take some more active part than it has hitherto
done in bringing before the public the claims of
the British shipowner. There is here an Associ-
ation formed for the express purpose of venti-
lating this important subject, and why is it, we
ask, that, while other associations formed in sea-
ports subordinate to this in importance, have held
public meetings, that Liverpool, not second in this
respect even to the metropolis, should have procras=
tinated so long to follow the example which
has been set it by more humble pretenders..
This is, however, taking a loWer ground for
argumentation when compared with the impor-
tant influence which the well-being- of the
mercantile marine exercises upon the efficiency
of, our navy. It will be quite impossible for
our fleet to be efficiently manned unless the
nursery from which the sailors are to be trans-
planted is better tended than at present, not-
withstanding many recent improvements in the
navy are likelylo render that service more popular
among seamen than it has hitherto been. How
long, then, we ask, will it be in the power of
those who are the ill-disguised enemies of British
ookoienthoruotugonh thisblin dquiensdartioner?en
Navigation to point the finger at. Liverpool—the
greatest port in the kingdom, and say she has
liceotwo
not
gd s
itiher own interest or culpable neglect of duty in
In ct l
Livery s pp