Northern Times.
Liverpool, Merseyside, England, 1857-11-02 00:00:00

7:- A
(ti VC ,1441:trkaril titit

MONDAY, NOVEMBER 2, 1837.

THE DXY'S NEWS.

To day the Municipal Elections take place. The
contests in several of the wards will be close and
severe. Our opinions of the respective candidates
Are already known. We have, therefore, merely to
urge upon the e!ectors in every ward where there
is s contest, to he true to themselves, and by their•
Tote, " put the right man in the right place.' By
I' our o'clock we hope to see all the candidates whose
principles we have advocated and recommended
to the public, in the proud position of Town
Councillors.

The British and North American Royal Mail
steam-ship Arabia, sailed on Saturday morning for
York direct, carrying out the usual mails and
specie amounting to £201,535, besides a consider-
able sum in the hands of the passengers. We
have alluded elsewhere to the news brought by the
Niagara. The steam ship Atlantic which was to
sail from New York on the 24'h ult., may be
expected here on Wednesday. She will have three
days' later intelligence, and from the character of
the Niagara's new 3 we may hope that the Atlantic
will bring favourabl.e tidings as to the monetary
and comainTial panic which has been prevailing in
the United States.

The news by the Niagara, arrived here yester-
day, may be considered of a satisfactory character,
compared with that previoisly received. With the
exception of a few of the S ,u.:hern Banks, specie
payments were completely suspended. Money
matters were quiet, with but little to note. The
returns from the clearing house denote a gradual
resumption of activity in buslness. The Banks
were acting with much more liberality towards their
custom3rs, and on the whAa it was anticipated
that the crisis had been past, and that the
mercantile community Isere on a fair way of
recovorinc.); thei: lost ground. The Panic., however,
was beginning' to be felt by the lower classes.
Large numbers had been thrown out of employ
merit ; even Walker's filibustering expedition had
been compelled to bow before the vigour of the
Financial Crisis; and so we learn that he has
postponed his contemplated descent on Costa
Rica until November Ist, and that he does
not anticipate any serious, if indeed any, opposition
from the government. A very serious fire had
occurred at Chicago, destroying some 600,000 dolE,,
worth of property, and causing a fearful loss of
life. Up to the 20. h ult. eight bodies had been
recovered from the debris, and it was feared that
several others were yet undiscovered, as a number
of persona were missing. The advices from Utah
continue to reveal the utmost hostility to the
in isens of thv United Sates. The affairs ofM
Mexico are still a very unsettled state. icor run
details of the news per the Niagara, we refer our
readers to an ample sumnlrry in another column.

The leading s'atesmen of the day continue to
deliver their opinions and sentiments on the
subject of the Indian Mutiny. Among the latest
distinguished personages who have diseanted
thereon, is the Earl of Shaftesbury. As Li; lord-
ship is known to be in constant familiar intercourse
with the Prime Minister, and has latterly assumed
nearly altogether the Palmerstonian colour, we
may take what he says to be pretty much what
Lord Palmerston wishes to be believed. The Earl
was emphatic upon the Sepoy atrocities, harrowing
the soul of his audience by a minute description
of them, anal stirring op a spirit of vengeance and
thirst for blood; and this be professed to do delibe-
rately and fora purpose. This made the greater por
tion ofhis speech As to the revolt, " the rebels," said
his lordship," had not a single w -)r.l complain of."
"What grievance," he asked, " was ever put for-
ward? Gad knaves, there is no such thing to he
laid to our charge in. our G ,vernment of India."
When &eau:ions like these are made by peer:4 what
are we think of public men? The best comment,
however, is, that after making the speech, Lord
Shaftesbury urged the presentation of a memorial
to the Q teen, one clause of which he described as
"seeking better GovJnment in India for the future."
Sir Charles Napier has again indulged the public
with his view of the mutiny At Southwark, on
Friday, the gallant admiral said that the last news
was extremely gratifying, and the nation was
under great obligation to the British soldier. He
said that the Government had been fbrewarned of
what would take place. He had had a gallant
relative in India who had told the Government
what would arise. Now, he did not say that if th
late Sir Charles Napier had been alive these
mutinies would net have occurred, but this he
would say, that if he (the late general) had now been
in command of the Indian army, a very cliif.t.elt
state of things would have taken place. Althoueh
there had been some dilatoriness on the part of
the government, yet they used the greatest diligence
in sending out troops when the news arrived from
India. There had been a great cry got up by some
ptrties for electioneering purposes to reduce the
army and navy, but government had determined
to keep up the navy. Then the Chinese would
emte off lighter, and it was a good job we had
that quarrel, fir had we not we would not have
had any troops in India. Then he came to another
part of the question and that was, " who shall pay
tiAitlpF6l%,ie wp !:p fgll smtil'a,t:,,caPansr-i'M
ex-
penses. Was there a man present, or in England,
that would like t 3 lose India He would tell
them that there was a power not far elf, who, if we
lost India, would say, " Now you have lost India.
and, by God's help, we will take something also
from you." Therefore, we must do our best to put
down the rebel:ion, for he was sure there was
plenty of pluck in the British army. If they lost
India it would be a most unfortunate thing fm' the
country, tnerefore, they must do their best to show
Government the nt.-.•cesaity of keeping it. Sir E N.
Buxton, in addressing the members of the North
Walaham Agricultural Satiety on Wednesday even-
ing, said that the moral effect of the capture of
Delhi, without extra assistance from Europe, would
be very great throughout India, and have a con-
siderable influence in sappressing the mutiny.
Numerous atrocities, foul murders, and acts of vio-
lence had been committed en our countrymen and
countrywomen, but the conduet of our troops would
have an effect on the minds of the natives for cen
unties. and he trusted that when the victory was
gained some clemency would be shown to those
who were not proved to have been guilty of inur•
tiering their officers and committing foul indignities
on our countrywomen.
The late trial at the London Central. Criminal
Court, connected with the Submarine Telegraph
Company, continues to attract great attention. The
Hon. Mr Cadogan has resigned his seat at the
Board of Directors, a step which was not taken
before it was required. So strong has been the
feeling of gentlemen in London on the trial,