Northern Times.
Liverpool, Merseyside, England, 1859-12-05 00:00:00

THE GREAT EASTERN.

The Times says the shares of the Great Ship Cern-
pany -continue to cleeline, and there are rumours that"
some of the proprietors contemplate instituting pro-
ceedings in Equity, or through the Board of Trade, to
ohtala a full insight in its past management.

THE 'PRINCE DE JOINVILLE AND MR.
• ROEBUCK.

The Prince de Joinville writes to the papers from
:Claremont, yesterday, a letter, of which the Diflowing is
a translation :

Sir,—Your number of to-day contains .an extract
from a speech, delivered a few days since, by Mr.
Roebuck, in which I am so clearly alluded to, that I
feel obliged is reply to it. Mr. Roebudk's assertion
is entirely devoid of foundation. I have not made
any plan of the coasts of England; and, lastly,
need I say, that I have not sent anything to the
French Ministry. :I may add that, although I still
consider myself a child of France,' I -should be the
last to wish that the 'principles' which now rule her
should pass across:the channel."

MR. =BRIGHT'S SPEECH.

The Tines, in a.leader on the Liverpool soiree, says,
" Never was an affair so ill got up. Everybody, from
the intended chairman downwards, was indisposed. The
apologies were countless. On the platform were a few old
fixtures, who might have been stereotyped, but that there
were not half the usual number. The pompous address
was to have been presented to three distinguished per-
sonages, and Mr. Bright had to do duty for the whole
trio. The staple of his-speech was abuse of the coarsest
and most gusty description. Mr. Bright himself must
have been ashamed yesterday morning that he had been
describing all who could not agree with him as liars,
rogues, ignorant, small minds, low morality, ' conspira-
tors' against the common weal, and a good deal more,
which does not catch our eye at this moment."

The Times then shows- what it considers' to be the
fallacy of his views, especially on the question of a duty
of Bs. per annum on property above £lOO per annum, and
says it never heard of a suggestion which seemed to do
as much harm with so littl3 good.
The Star,says Mr. Bright has answered 'his critics on
the taxation-question; but it cannot be hoped. that .he
has silenced them.

The .Pailg News fears that Mr. ilright's budget, like
his reform bill, is more likely to meet with cheers in-
popular assemblies, than. to obtain support in the shape
of. votes in a tax-making and tax-rating House of
Commons.

The Hondo!. and Post also dispute the correctness of
Mr. Bright',e views.

Snow has•fallen in London during the night, and still
remains on the ground.

Mr.' T. M. Mackay, of Liverpool, has addressed a let-
ter to the 'Mites on shipping grievances. He says the
real cause of the 'present distress is-over-production.
The Marquis Laitico, a distinguished Sardinian diplo-
matist, died on Thursday, in I,o,tdon. He has. only
been a few weeks in England on a speCial mission.
Her Majesty's screw gun-boat 'Wrangler has been
practising the last few days in the Harwich Watt.rs with
her large rifled cannon. The practice, it is stated, has
been extraordinarily effective both in range and pre-
cision.

The Parliamentary Reform Connnittee intend to con-
vene, durinzliext week, a conference in London, similar
to the one held last year, for deliberation and counsel.
The meeting will be liMited to those who may receive
invitations.

LATEST FROM AMERICA.

ARRIVAL OF THE ASIA.

The British and North American royal mail
steam-ship Asia arrived in Liverpool, yesterday,
from New York, whence she sailed en Wednesday,
the 23rd ult. In addition to the usual mails she
brings fifty-two passengers and $5,000 in specie.
The Montreal Ocean Steam-ship Company's
steamer Indian is reported to have been totally
wrecked on the 21st nit., on the coast of Nova
Scotia. Three men, we regret to learn, were
drowned on the -melancholy occasion.

COTTON.

(From Messrs. Xcill, Brothers, and Co.'s Circular)
New York, Wednesday Morning,
Nov. 23rd, 1859.
New York market has been quieter since our last,
under the heavy receipts at the South and a pause on
the part of buyers, who are anxious to see the course of
Liverpool market under the large amount of cotton now
at sea. Sales amount to 6,000 bales, closing at 111 c.
to Inc. for middling Uplands, being a decline of 4-c. to
c. from our last quotation. In transit parcels about
6,000 bales hale changed hands on the basis of 114-c.
to 11tc. for New Orleans middling, and 9-16 d. freight.
RECEIPTS continue on a liberal scale, notwithstanding
the extreme lowness of all the rivers. For the week
they amount to 152,000 bales against 136,000 last year.
EXPOItTS.—The exports are again very large. To
Great Britain for the week they sum up 93,000 bales,
and for the season 376,000. Compared with the pre-
vious ,six years the aggregate exports to Great Britain
from Ist September to date, are now as follows :-1859,
376,000.; 1858, 236,000; 1857, 161,-000; 1856, 122,000;
1855, 265,000; 1854, 137,000; 1853, 112,000.
CROP ESTIMATES, PRICESi &C.---lire are receiving,
more and more favourable accounts of the yield from all
sections of the country.. Even in the most favoured
localities of last year there appears, contrary to all ex-
pectation, to be an equal crop; and in localities which
then suffered from any cause, the individual instances of
large increase upon last year's yield are surprising. As
the ultimate result will. depend on the continuance of
the present admirable weather for.picking, we have not
yet made our final estimate; but we may remark that
the facts, patent to every one, seem to us to justify the
largest crop figures which have yet been put forth, and
we are glad- to notice that the quality is everywhere im-
proving, in consequence, doubtless, of the-outcry against
sand, and the long spell of favourable weather for picking.
It is a remarkable feature this season that:the largest
estimates come from planters and factors. They generally
admit 4,250,000 bales as tolerably certain; while of the
buyers, particularly those acting for England, there are
still a few who ignore all the facts which are inconsis-
tent with the theory of 4,000,000 bales being an outside
figure. This under estimate will prove a serious damage
to the trade. In the first place, it unduly supports
prices in Liverpool and here; -and secondly, it leads to
an excessive export to Great Britain, and, no doubt, to
the temporary glutting.of the' Liverpool market with
cotton which can hardly be expected to bring a profit
there, in view of the largesupply going with and be-
hind it. The French, Germans, and Americans buy
only from hand.to mouth. Had English shippers shown
equal moderation, our quotations to-day would, doubt-
less, have been a cent per lb. lower than they are.

THE LATEST.

NEW YORK, Nov. 23, p.m.

A despatch from Portland, Maine, announces that the
steamship wrecked off the coast of Nova Scotia, and
stipposed to be the Delta, proves to be the °mai=

mail tteatnsl:4 Indian, bound from Liverpool for Port-
land, and she is reported to be a total wreck. She went
ashore at five o'clock on the morning of the 21st of
November, on the rocks of Mary Joseph, off Gaysboro',
Nova Scotia. Three men were drowned, but no further
partiCulars izave yet reached us. The Indian sailed
from Liverpool on the 9th November, for Portland.
On our Corn Exchange this morning flour was a
shade firmer, and the sales reached about 13,000 barrels,
at prices ranging from $4 90c. to $7 256. per barrel:
Wheat was quiet and firm at previous quotations.
Corn was dull and drooping, and the business `was
trifling at 75c. to 85c. for new yellow. Pork was firmer
—Mess, $10.; Prime, $ll to $ll 12c. Beef is very
firm. Lard dull and heavy, with- small sales at 101 c.
to llic. In Cotton nothing of moment has transrired
totday.