Northern Times.
Liverpool, Merseyside, England, 1859-07-29 00:00:00

this from our own

country

bribery and corruptior

lies in an improved quality of the constituencies

We are Of those

who wish for an extension of the

elective franchise,-7:

for a considerable enlargement

of our several constituencies. We think that, at pre-
sent, there is many a Worthy, well-conducted working
man, who is unfairly excluded from the electoral
privilege.. But surely such corrupt proceedings as
we have been referring to, do most forcibly show
cratic directions in which any
YfPnsion' of the franchise wouli

that there are demo,

mitigated

of only to society at large, but even to those

being enfranchised, would only be placed in a

position to be corrupted

NOTES OF THE DAY.

The Morning star.thinks it is much to. be desired, that
he Chaneellor of the Exehequer would at once boldly an-

nounce his intention of proposing the Income-tax as a per-
manent source of revenue, since " we should then have an

;horough disvussion: of the principles
of taxation, and a chUnce of having the inequalities

wortunity fc

of our actual system redressed." No doubi this were
most desirable, if there really be an intention of retain-
ing that obnoxious impost permanently. But is it so ? Why,
Mr. Gladstone himself has denounced it as a most iniqui-
tous mode of taxation as at present levied; and it is one of
the right honourable gentleman's inconsistencies, that he
has adopted its continuance after having committed himself,-
as he did, so strongly against it. No Income-tax can ever
be a just permanent source of. revenue : a real Property..
tax, fairly and equitably imposed, would be quite another
thing. But for incomes—often very precarious incomes—
to ,be assessed as they now are, is a crying injustice.
The Corporation of the. City of Loudon must certainly be
a highly favoured body. Not only 'is it saved from the
operation of any such reform as all the other Municipal
Corporations of the country have had to submit to,
but even now, when, there is, again an apparent inten-
tion of overhauling its exclusive privileges, there is
an outcry against it; and several of the companies are
pleading their rights in resistance of the proposed inter-
ference with them, on the ground that they were-incorporated
by Royal Letters Patent, and are " the most ancient Livery
Companies of the city of London." Again—there is a bill
now in Parliament for the regulation of the fees of Queen's
Remembrancer, a clause in which seems to interfere with the
rights of the citizens with; respect to the, approval of her
Majesty' of the, election of Sheriff of London ; and the
Court of Aldermen have, therefore, determined to submit
the bill to the• Committee of Privileges. It is not im-
probable that—as has:been the case before—the metropolitan
Corporation will succeed in resisting this fresh attempt "to;
interfere with the rights of the citizens."

We have frequently had occasion to notice, in these
columns,. the very praiseworthy efforts of the National Life-
boat Institution, in providing such a means of rescue, in
cases of shipwreck, on various• parts of the coast. We
believe, the institution has been. the means of doing a very
large amount of practical good, in this respect, during the
last few pars. Another instance of the many we have,
from time to time recorded, of the valuable exertions which
the institution is in the habit of making, to carry out mere
and more fully its humane objects, is the preparation of a
new life-boat, which is about to be stationed at Whitburn,
on, the coast of Durham. This boat has sonic new points
especially as respects its
of great importance about it, more
great stability-power against capsizing. It has been
thoroughly tried already, and its self-righting power is
found to be perfectly effective. We are glad to observe,
also, that the exoellent practice of individuals presenting
life boats to the institution has now been begun. Let us
hope that the examples already set will find many liberal
followers.
With respect to the Cobden soiree, at Rochdale, "the cry
is still they come,"—as to the applications, we mean, for
ticketa, of admission. They now amount, it seems, to up-
wa':ds of 1,400, and this excess of numbers beyond what was
Calculated upon appears to be putting the committe to some
difficulty, as respects the accommodation. The secretary,
however, we learn, has gone to London on the subject, to
consult with Mr. Cobden's influential friends ; and it is ex-
pected that, on him return to itoehdtto, the ntw arrange-

JULY 29, 1859.

- •
ments rendered necessary, and probably the day of meeting,
also, will be officially announced.

The new parish church at Wallasey, the consecration of
which is reported in our columns—to-day, comes. betbrethe
public under peculiar, and, we cannot but think, very grati-
fying circumstances. It is what, we humbly conceive, every
parish ;church ought, of right, to be,—a -free church,:--free
to. to the parishioners themselves, of course, first, if any
prefeeence whatever is to be shown, because it is, in fact,

more particularly their own ; but to all others who can be
accommodated within its sacred walla. • And, let us, hope
that; tinder the ministrations of its devoted incumbent, it
will belmind that many will be drawn thither to worship
God; and to hear the gospel, even from beyond the immediate

precincts of the parish itself. It is in this way, we humbly
conceive, - that the Church of England is to be restored to
its rightful position as the Church of the People.

THE LATE►ST NEWS

LONDON STOCK EXCHANGE

LONDON, THURSDAY EVENING

This morning' the Funds opened at a rise of to ,4
per cent4.ui consequence of, the: announcement in the
Moniteur that the French army and navy are to be at
once replaced on a peace footing. The rise, how-
ever, induced sales, including one of £lOO,OOO Con-
sols for money. A reaction accordingly took place,
and Consols, at the close were only ti per cent. higher
than those. of yesterday, being quoted at 94i to
95 for bbth money and the account. . Bank
Stock has been dealt .in at 222 to 223 ; the
Three per Cents. Reduced, at 95+ to 1; the Nem(
Three per Cents., at 951 to 2 ; India Stock, at 220
to 222; the Indian Four per Cent. Debentures, at
94-1 ; the scrip of the East Indian Loan, at 941; and
Exchequer Bills, at 28s. to 315.. prem. Little busi-
ness has been done in the Foreign Stock Market,
but prides are firm. Turkish Stocks have risen 1 per
cent., the Old Loan being now quoted at 81 to 82,
and the New, 71 to 72. In the other departments
of the Stock Exchange advanced prices are generally
quoted. The principal improvement is in Turkish.
Bonds, Lombardo-Venetian Railway Shares, and
some lasses of'British railway stocks.

Consols, Money

THE FUNDS.-
F. . . 94 95

, Accoult . 91! 95
Exchequer Bills . . 28 31

RAILWAY SHARES
Amb. Not. &E.j. 54- 6.4
Caledonians .. . . 83 831
Dutch Rhenish . •
Eastern Counties. 581 591
Eak Lancashire . 84 85
Edinburgh& Glas. 72 73
Great Northern . 103 1031
_ _

221 223
951 951

-CLOSING PRICER
Lane. & York . . .
L. & N. W
L. and S. W. . .
-
Leeds Northern . 4771
Mart. Sheff. &Lin
Midland Stock'
North British
N. Staffordshire
S. E. & Dover . . 731 73
York, New. & Ber. 9.3 9,3
York & N. Mid 75, 751,-

A. 82 84
Great Westerns . 591 60
G. Wes. of Canada 141 1411,
Gd. Tk. of Canada 8-1- 82
Gt. S. and W. . . 1N 106

104 105

LIVERPOOL STOCK I

XCHANGE

-JULY 28

The following were the closing prices to-day :
Ches. & B'head 724 72y North Staffordsh. 43 41d
Caledonia Stock .. 83 831 N. E. 13er. c. Stck 92 93
E. Counties 11 11-18 11 za-16 York capital Stock 741 751
E. L. Stock .... 9.31, 941 Leeds Stock .... 47 471
G. N. Stock ....101 106 South-Eastern 21. it, 2115,46-
Great Westerns ... 59,4 60 Dutch Rhenish
Lan. and York. .. 951- 954 Gt. Luxem. 6 9-16 6 11-16
Lou. & Nor. West. 941: 95 G. T. Canada.... 137
~-
2—shares 11 1,0 G. W. of Canada. 14/, 14re
M. S. and Lincoln 351 xd 351 „ new shares 54' Rd
Midland Stock _lO4l 104 - Lomb.-Venetian 21p
Nor. British Stock ' 571 58 new shares 2 2,1-,p
Tke market opened at an improvement, but receded a.
little during the day, closing steady.

SARDINIA

TURIN, Thursday.
Chevalier Farrini, Governor of Modena, has, by
order of King Victor Emmanuel, withdrawn the
Sardinian authority, and has published a Proclamation
iu which he remits the government to the members
of municipality.

- -
The populace assembled in_ crowds, and proclaimed
the municipality, by acclamation, dictators of. the

country

Chevalier Farrini has accepted a provisional
regency, in order to maintain public order, and re-
unite the representative assembly- of Modena, which
is to pronounce :on. the- future settlement of the
country. Perfect order and general confidence pre-
vails.

URrN, July 28.
T
• Advices from Lodi of yesterday's date, state that
the populace net havingbeen informed-of the arrival
of French troops, for -whose reception fetes had been
.prepared, were so irritated against the municipality
that they compelled`the members to resign. The King
.has appointed a provisional munieixti . committee to-
day. Complete tranquility prevails.
FRANKFORT,-ON-TREALATNE, July 28.
In to-day's sitting of the Federal Diet, Austria,,
Prussia, and Baden made a common proposal con-
cerning the garrisoning of Radstadt, according to
which Baden would name the governor and artillery
director,. Austria the engineer director, and Prussia.
and Austria alternately the commander. The gar-
rison tos consist of 0,000 men, when on peace, and
12,000, when on war footing, the aontingent for which
are to-be furnished by A ustria,Baden, and Prussia.
Austria- and Prussia, announce also that that they had!
agreed to alternate the appointment of the comman-
der every seven years.

TRIESTE, .
Atlvices from. Zara of the. 26th state Jul thay t2B four
Austrian commercial vessels captured on the 10th at
Aladida were given up on the 19th at Antivari. At
the latter
.place there only remained one Sardinian
to ding brig,, and a 'Turkish steamer, and. corvette.