The Sun.
London, England, 1852-02-09 00:00:00

AY EVENING, FEBRUARY 9, 1852.

deeds; but happily the press is under no such trammels,
and while diplomatists are (exchanging courtesies, can
unmask the mean heart that bests beneath a star, or
point out the bloodstains on the hand which grasps a
sceptre. The duty of the journalist i 3 the same tat that
of the historian—to seek out truth, above all things,
and, to present to his readers, not such things as state-
craft would wish them to know, bat the truth, as near as
he can attain to it.
To require, then, the journalist and the statesman to
conform to the same rules, is to mix up things essenttall)
different, and is as unsound in theory as unheard-of in
practice. Lord Derby tells us that the internal admi-
nistration of a country is a matter of consideration and
arrangement for that country alone; that we have never
felt it our duty to protest against any form of internal
government in France, and that, therefore, we have no
right to canvass either the policy or morality of every
step which has been taken. As regards statesmen this
is true; as regards journalists it is utterly false; it is
not only our right but our duty to discuss the policy end
morality of the steps which bare been taken, to look at
them in every possible point of view, and to extract
from them every inference of which they are capable.
The free press of Europe, so long as there was a free
press, exercised the same right towards us, without
offence and without question. The press does not, as
Lord Derby says, aspire to exercise the influence of
statesmen, but its own, and reserves that respect
which Lord Derby is content to profess for a
sanguinary and unscrupulous despotism for some-
thing more respectable than absolute power and bruit
force. We do not interfere with the duties of states-
men; our vocation is, in one respect, inferior to theirs.
for we are unable to wield the power or represent th,
collective dignity of the country; but iu another point
of view it is superior, for, unlike them, we are able te
speak the whole truth without fear or favour. Yet, in
discussing French politics, we have never assumed a
tone so offensive as that which the Earl of Derby has
introduced into his homily. We have never said that
for the last sixty years the Government of France has
been a succession of usurpations of one kind or another,
and then contradicted ourselves and libelled our neigh-
bours by stating that these usurpations were, one an,:
all, the deliberate choice of the nation, or, still worse,
that the extraordinary powers of the French President
have been conferred upon him by the almost unanimous
expression of the public opinion of France. Such
statements are indeed insulting to French honour ems
nationality. Those who make them and believe them
treat the gallant French nation as a rnci
ot slaves, barely competent for the choice
of the tyrant who is to trample on them.
In their respect for rank and power they transfer the
crimes of a guilty individual to an innocent people. Vo e
would rather believe that Frenchmen have, like Eng-
lishmen, a love of liberty and hatred of tyranny; tha.
their rights have been surprised and wrenched from
them by fraud and violence; and that the vote which we
are called upon to respect was extorted by terror lino
the misrepresentations of a press drilled in Lore
Derby's own school, to echo in parrot notes the tone of
the dominant class of French statesmen. Which of Oat
two is more just to our neighbours it is for the public
to judge, but we cannot take leave of Lord Derby wi.h
out expressing our apprehension that he would be a more
tolerant censor of the press had its shafts been leveller
at the license of republics instead of the excesses o'
despotism. It is strange that in the same speech ie
which he so emphaticalty denies the right of one countr)
to canvass the institutions of another, Lord Derb)
goes. oat of his way to insult the only sincere and trust-
worthy ally we have left, by telling the United State.
that they enjoy far less liberty than ourselves, and that
the tyranny of a majority there is worse than the des
potic rule of other countries. We hope that the nex.
time the Earl of Derby condescends to administer a lee
ture to the press he will set us a better example of the
prudence and moderation which he preaches, and not,
as in this instance, first cruelly defame the nation whist-
he undertakes to defend, and then seek an opportunity
for ungracious and injurious comments on our most valu
able ally. We trust also that he will not wholly forget.
*bile dealing out his censures one th press, that tie,
utmost flights and vagaries of a newspaper fall imm.a
surably short of that intemperance in language in which
it has sometimes been his delight to indulge at the ex-
pense of his political opponents, and which has converter
many a debate in the House of Commons into something
little more dignified than a priz.s-fight.
Of Lord Grey we have little to say; for, after adopt-
ing every word of Lord Derby's indiscretions and con•
tradictions with an unqualified concurrence, he expressed
his opinion that the duty of every individual in his pri-
vate capacity was to abstain from all interference in.
that is, from all discussion of, the internal politics ot
France. His Lordship was, moreover, indignant, ann
declared that, though the newspapers might express the
opinions of those who write in them, they do not express
the opinions of any large party in this country. How
much of this has been retracted by his subsequent apo
logy we do not know, nor is it very important to inquire,
for we really think we may fairly claim to be as
good judges of public opinion as a nobleman
who derives his knowledge of its existence b)
continually outragieg it. If we do not repre
sent the opinion of the country we are nothing.
No family influence, no aristocratic connexion,
no balance of parties, can preserve to us our influenc
one moment after we have last the esteem and approba-
don of the public. We assert that the opinion of thi
country, against which all else is powerless, claims are.
demands to be freely exercised, not merely on the con
duct of our own Government, but on that of ever)
Power on the face of the earth, and that the coeclu
sions which the press has arrived at with regard e
Louis Napoleon are also the feelings of the sound Eng
lisp heart, and the ideas of the vigorous English under
standing. Let those who will preach silence on crime
which they cannot deny and dare not even palliate; set
have been trained in another school. and will not ehrinl-
trom boldly declaring what we freely thick, though I
should be our disagreeable duty to tell Lord Derby this
he condescends to be the tool of the party which he pre-
tends to lead, and Lord Grey that he is the scourge of
the party which he is permitted to govern.

TRIAL OF A NEW LIFE-BOAT.
On Wednesday a new life-boat, built after the m .dels
of Mr. James Peake, of Woolwich, assistant master ship
wright in her Majesty's dockyard, was exhibited off the
Chain Pier, Brighton.
Some twelve months or more ago advertisements
were published throughout the kingdom, offering 100
guineas on the part of the Duke of Northumberland
for the best model of a life-boat and pointing out
as the three principal defects of existing life-boats
the want of selt-righting power, inability to
free themselves from water, and a heaviness
which prevented their being transported along the beach.
No less than 280 models and plans were in cense.
quence sent to Somerset House, and the committee to
whom the matter had been referred then pointed out twe
essential qualifications in the prize life-boat—namely, that
it should be a good rowing hoat, and that it should be able
to get off a beach whenever the sea would allow any boat
to live in it,
One of the results was a boat built by Mr. Pt ake. It
arrived from Woolwich on Tuesday evening at six
o'clock, off the Chain Pier, in the Monkey steam-vessel,
and was taken to Shoreham for the night.
At five o'clock yesterday morning the weather was
calm, and it was thought the exhibition would not
come off. At six, however, the wind changed t.•S.W., and blew tolerably brisk, and the sea became
favourable. About half-past eleven the boat ap
peered under sail, and making way in good
style; but the Monkey did not appear, according to ar-
rangement. The boat arrived at the pier head at noon,
There had then assembled to witness the experiment,
the Bishop of Bath and Wells, the Duke of Notthum•
berland, Sir Baldwin Walker, Admiral Sir George
IVestphal, Admiral Forbes, Captain Washington (su-
perintendent of the National Shipwreck Institution),
Captain Jerningham, Captain Evans, Lieut. Dixon.
Lieut. Green, Lieut. James, Commander Ward, Com-
mander Winthorp, Commander Reynolds, the Rev. NV.
Dixon, and alsO Captain James Mends, Lieut. Pratt,
and other coast-guard officers of this district. Mr. Peake,
the builder, was also there.

On approaching the head of the pler, the boat,
while waiting order 3 to/haul to the wind, under a
heavy press of canvas, shipped a heavy sea,
which threw her eda her broadside ; but she lame.
diately righted. *Having been waved to the head of
the pier, the ir,specting commander directed her to
shorten sail, and as she passed close to the pier head, is
was seen that s.he had delivered herself of nearly all the
water which ahe had shipped in capsizing:. When along-
s
ide, the crew- that brought the boat from the Monkey
were
ordered out, and a crew provided by the coast
guard took t heir piece. The weather then becoming
Bfirst temper tuoui it was considered essential to try her
the piles of tge
take'i qualification at once. Her gear was accordingly
n out or he
ea„ans of a e r, tiled she was then twice capsized by
thrown keel
limes, althourar
were extraordinary, ;
attached to the cud of the pier. Both
there was a heavy sea running under
she took
upv!iler, it was with great difficulty she was
50 in the second,,o and her efforts to right herself
only seconds in the first instance, and
When fairly turned keel upper-
mostupright, and in Lee jrecover herself, and became perfectly
minutes she had discharged all her
t and h
gain en_ aired by 15 of the coast guard,
water.
She was then. a
iand rowed out;
bow to the sea, ~,,he av grceuxchibited herself with her
passed
and, with a con aid, trebl© a
and beached horse If cri the east Side
ea,
randthtrhoe head LI the pier,
vey her toac
ugh the third arch,
of the
lliii
cto await
house, under eons. iderable sere Ic consequence
the eastern toll-
bad weather she T vas then hauled up e
the arrival of the Monkey to re-cen
In consequence of the unexpected absence of the
Woolwich.
e of the trial was Mon-
key, the prover/ ire much curtailed.
The boat is 3C . feet long, 8 feet over, and 3i feet high.
A competent r Laval authority, from whom our reporter
gleaned most ri the above particulars, thus summed
up
the result:—" r ihe trial throughout was considered by all
parties compe I,ent to judge to be perfectly satisfactory,
with the exception of one defect common to all life-boat,
—they are all , too heavy."
Most of tt ie parties named, and a few others whose
name, we did not collect, afterwards partook of lunch at
the Albion "" dth the Duke of Northumberland. His
Grace left B
We
4r°
plc,
gheon in the afternoon by train.
et "e d to learn that the sum of 901. has been
Newhaven.
subscribed toe e„
rds the placing end keeping a life-boat at
. trust, shortly et he further amouat required will, we
.e 0
—Brighton Gaze; placed at the disposal of the committee.
't.

TRADE or CA antrr.—ln 1850, there were 1.358
vessels, with a ty miage of 236.283, entered outwards for
foreiLtn ports; whit I in 1851 the number of ships was 1,387,
and the tonnage 26 1,916. The foreign ships with cargoes
entered inwards in 1850 numbered 180, tonnage `23,167;
vere 246 in 1851 there
Thewhile coasting trade IN 'so showsships, with a ton age of 26,010.
an. increase of 10 ships. The
total increase is 171: ships, and the iucregue in WRlDige iS 48,136...kkanga fr rain

C ANAL 21. SI s
Names of 2 !Dividend Names of
Dividend o i
Companies. A 1 per Price. cBmpaiie, 1 per
lA.llnuse . Price,
se Annurn. so
tshtn& Oldh 9871. lc ct. 140 Macclesfield. 100 21.105. 50
3arnsley• •. • 160 Neatk ••• • •• 1001 161. _
drknk&Abrg 150 51. 85 Oxford... • • 100 ) 13/. 135
Birmingham 40 41. Peak Forest. 78 gf, 18s. 10
loventry.... 100 251. 200 Regent's •• • • 3$ 11. 3s. 1714
lerby .•. •. 100 61. 63 Rochdale.... 85 ' 21. 42
illsrare&Chs 69 2% p. ct. 33% Sonarset Coal 1501 _
IrandJunctn 100 3/ pr. ct. 47 D o.Lk Fd St 121 _
Do., 6 pr. Ct. 10 6/. pr. ct. 11U Stffrd &Wore 1140 281. 405
rand Surrey 100 2/. Os. I 32% Shrewsbury..
rand (Taloa 100 11. 10s. 24 Stoarbrldge.. 114255 271. 2-90
C.ennt& Ava 39 4s. Od. 5% Sevens and
r.ancaster . 100 Wye Rall. I 26 21. Os. 24
.eeds&Livrp 100 201. 405 Warwick& /
.eicester ...• 100! 51. 66 Birming. j 100 41. 40
,enstr&Nth 4l. 44% Warwick& 1 ' ~,
:outrbboregh 142, 701. 510 Napten..3 l'"nn 28
Aonmouthsh 100 Worcstr 811 73: 31. 33
fragemrysh 100 Bfrming.
IraltnMwbry 100 Wilts & arks 111. 6d. 714

'3,111.51-ZaGIIT AND COKE COMPANIES.
Dividend I A.meunt
same of Company. per of Paid. Price.
Annum. ; Share.
-------- -----; ------
4ritish •••••••• •• • • • • 11. I .Z. s. d. Z. s. d.
40 0 0 18 0 0 10
Ditto Provincial•• •• IL 88. 20 0 0 20 0 0 18
Brighton •••••• • • • • • • 51. 20 0 0 - -
City of London .. •• • • 61. 100 0 0 150 0 0 130
lontinentalCon3olidat. 505, 75 0 0 31 5 0
'.euitable ••••••• • • .• 503. 50 0 0 50 0 0 2714
Great Central .... „. , .l. 10 0 0 10 0 0 12%
imperial .... •„ •• •• „. U. 50 0 0 50 0 0 69
Independent ......•.. 61. 40 0 0 40 0 0 46
- 50 0 0 50 0 0
Do., Parl. Preference . 61. 25 0 0 710 0 -
'ticenia • • • ..........
41. 50 0 0 49 9 0 26
tiatclif/ • • • ..
........
51. 100 0 0 90 0 0 -
United General ....., 11. 50 0 0 50 0 0 16%
Westminster Chartered 31. 50 0 0 - 404
Ditto, New .....• „ 12s. 50 0 0 10 0 0 -
sac s T Or SCOTTISH COMPANIES' PRICES
Dividend Amount
Name of Company, per of Paid. Price.
Annum. Share.
Bank of Scotland
X s. d. Z s. d
71. per cent. 100 0 0 100 0 0 142%
British Linen Company C. per cent. 100 0 0 100 0 0 199
.laledonian Bank
City ofGlasgow Bank 6/. per cent. 10 0 0 10 0 0 11
Clydesdale Bank -. .. •• 634 per cent. 20 0 0 10 0 0 12' 3s
commercial Bank .. - 71. per cent. 500 0 0 100 0 0 176
~astern Bank ....••
Edinb.kGlasgow Bank 31. per cent. 50 0 50 0 3%
Exehange Bnk of Scot.. - ,100 0042 0 0 834
National Bank.., ii 4 percent. '5O 0 0 10 0 0 15%
Sorthof Scotland Bank 51. percent. 20 0 0 210 0 27
Royal Bank of Scotland 51. per cent. 100 0 0 ' 100 0 0 122
Union Bank of Scotland 8/. per cent. 100 0 0 50 0 0 87,
Western Bank .....• • • 71. per cent. 50 0 0 50 0 0 67 14
Alliance Fire and Life 441. pr cent. 10 0 0 10 0 0 114
tiritish Guarantee
Caledonian Fire Insur lOl. per cent. 100 0 0 10 0 0 24
City of Glasgow Lite 6/. per cent. 25 0 0 2 0 0 31. las
Colonial Life
Edinburgh Life Insur. 61. per cent 100 0 0 15 0 0 21
Eng. & Scot, Law Life 51. per cent. 50 0 0 217 6 31
Life Assoc. of Scotland 6/. per cent. 10 0 0 110 031 15s
National Fire and Life 5/. per cent. 10 0 0 1 0 0 255.6 d
North British Insur.
Scottish Union Insrnce 741. pr cent. 20 0 0 1 0 0 295.0 d
standard Life .. .• .• . • 51. per cent. 50 0 0 7 0 0 124
United Dep.Assurance 51.ner cent. 10 0 0 1 0 0 20. e Cd
MISCELLANEOUS.
Dividend Amount
lTsme of Company. per of Paid. Price.
Annum. Share.
Assam Tea .. .. •• ...• - Z. s. d. Z. s. d. 20 0020 0 0 914
Auction Mart •••• • • •• 21. ss. 50 0 0 - 26%
tastrallan Agrictilturl 11. 100 0 0 35 0 0 20
Australian Trust •• .. 61. par cent. - 35 0 0 20U
knglo-Mexican Mint.. 11. 10s. 10 0 0 10 0 0 22
Ditto, Half Shares.. - - 210 0 -
British American Land - - 38 10 0 -
Canada ... •• .... •• .. 61. per cent. 100 0 0'32 10 0 -
Do. 5 per cent Bonds - - - 100
Ditto, 6pr ct. Bonds 6/. percent. - - 108
City Navigation Bonds 3} per cent. - • - 93%
Gen. Revers. la Invest. sp. c. Sr. be, 21 100 0 0 100 0 0 94
Equitable Reversienry 5/ pr. cent. 100 0 0 100 0 0 -
Ditto Kew ... .. - 50 0 0 710 0 I -
Den.SteamNo..vigi;tion 10 p. ct. 15 0 0 14 0 0 24
Hudson's 8ay........ - Stock. - 206
Ilungcriord ... ....., 21. ss. - 100 0 0 47
London Institution ... - - 78 15 0 6%
Sew Zealand Company - 25 0 0 25 0 0 -
Ditto. New ....• •• - 25 0 0 12 10 0 -
nssell Institnion.... - - 26 5 0 -
Peninslr& Orient.Stm. 81. p. c.Bc be. 50 0 0' 50 0 0 69
Reversionary Int. Soc. 4341. pr cent.;loo 0 0 100 0 0 101
Royal Mail Steam- .. 41. p. share. 'lOO 0 0 60 0 0 78
South Australian..... 11. per shared 25 0 0 25 0 0 23%
-an Dieman's Land.. - ilvs 9 12+ 09 , - 1

RAILWAY SHARE MARKETS
BRISTOL, FEE. 7.
STOCK ExcusamE.—The share market was firm to-day.
The transactions were as follow: Bristol and Exeters, 863/4
—Great Western, 88—Wilts, Somerset,.and Weymouth, 921/2
—Midland Stock, 57'.
LIVERPOOL, Fza. 7.
STOCK EXCHANGE. There was an improved feeling ex-
hibited in the share market to-day, and a good business
has been done at advanced prices. The transactions were as
follow: Eastern Counties, 7, 7-16—Great Western, 87—
Lancashire and Yorkshire, 63% - Ditto, Fifths, 7 7-16 dis.—
London and North-Western, 117,-.—Ditto' New Quarters,
34 p.—Ditto, Fifths, 2% p.—London and South-Western,
87'4—Manchester, Sheffield, and Lincolnshire, 303/—Mid-
land, 5734—South-Eastern and Dover, 2tll,p—York and North
Midland, 21%.

'MANCHESTER, FEB. 7.
STOCx ExcHANGE.—There wax a very small' amount of
business transacted to-day, without material alteration in
prices.
The transactions were as follow :—Eastern Counties,
7A—Lancashire and Yorkshire, 63 t, —Ditto, Fifths, 7 7-16
s.—Manchester, Buxton, Matlock, and lirlidland, 2 5-16—
Manchester Sheffield, and Lincolnshire, 30:1/4—Ditto, 10/.
, Preference, 125,L—BI'1dl d 57%—South-Eastern and Dover,
20 7-16. an
' -

STOCK ExcnioraE.—
BIRMINGHAM, FEB' 7'
cipal railways continue to be well supported, although the
amount of business trarsacted throughout the week has
been very limited. Shrewsbury and Birmingham and South
Staffordshire shares continue to be most in request, and the
The rices of the shares of the
latter are are consequently becoming more scarce in the market.
There was no business of any importance done on 'Change
to day, and the quotations at the close of the market were
about the same as the morning prices announced in London.

A legacy of one hundred guineaF, from the late
Joseph Roberts, Esq., has been left to the Royal Dispensary
or pivwci of tin Ear, Deau-atreeta Soho-Nam

CROSSED CHEQUES.
Judgment was delivered on Friday, in the Court of
Exchequer. setting aside tee verdict given in Juno last
against Messrs. Coutts and Co., for paying a cheque to
Messrs. Gosling's which had been crossed with the
words "Bank of England," in order that it might bo
paid only to that establishment. The grounds for this
decision were stated by Baron Parke, and they cannot
be too extensively known, since they are such as to re-
move much of the pronction which the public have
hitherto supposed themselves to derive from carrying on
their transactions by means of cheques instead of by
coin or bank-notes. The main facts out of which the
present case arose were these:—A party having to pay
2,000/. to the Court of Chancery, gave a cheque for the
purpose to a Mr. Geary, a solicitor, and to insure its
proper appropriation, crossed it "Bank of England, to
the account of the Accountant-General." Mr. Geary,
however, kept an account at Gosling's, and having placed
the cheque with them for collection, it was paid by
Messrs. Coutts, notwithstanding the specific crossing
to the Rank of England, and Geary thus obtained
the proceeds, and applied them to his own purposes.
An action was then brought to recover the amount, on
the ground that Coutts and Co. were bound isy the
common custom of bankers to pay attention to the di-
rection conveyed by the specific crossing, and that the
loss bad been caused by their negligence. This view
was confirmed by the jury, and a verdict was rendered
observancesaccordingly.
amTohneg bankerstestimon with regard to crossed
testimony on
on the trial as to the strict
cheques was very conflicting, but negligence, it was con-
ceive bad been clearly prove d. In reviewing all the
circumstances of the case in connexion with the appli-
cation for a new trial, Baron Parke appears now to have
pronounced the opinion that in the first place there is no
custom among bankers to attend to specific crossings,
and to forbeer paying a elm que to one bunker that may
be distinctly crossed a ith the name of another ; while.
secondly, if such a custom were really recognized, it
would be illegal, , since it would amount to an infringe-
ment of tne Stamp Act, which only exempts cheques
payable to bearer. " The effect of crossing a cheque,"
continued Baron
,Parke, "is not to restrict the ne-
gotiability of such instruments." At the same
time, however, his Lordship admitted that the custom
of crossing cheques tims—"— and company" ren-
dered it obligator_
y that they should be paid to no ore
but a banker, and that any house disregarding it would
do so at their peril. "The object of that custom," he
said, " is not to insure payment to any particular bank,
but that the cheques so crossed and paid may be more
easily traced. It is not intended thereby to restrict the
negotiability of cheques, but to compel the holder to
present theta through parties of known respectability.
No doubt,"
, he continued, " such usage is highly bene-
ficial to the public, but the ohs quo still remains payabl.,
t. bearer. It is a great public benefit that such a usage
has existed, , and it should be maintained, and it may be
so witnout restraining the negotiability of such instru-
ments. The mere circumstance of imposing the neces-
sity of presentment through a banker throws an impedi-
ment in the way of a fraudulent holder." These views,
however, a
ppear in the City only to have increased the
complexity of the entire question. It is asked "If the
Stamp Act exempts no cheques but those payable to bearer,
how can it be legal to specity that a cheque shall be payable
to Some one of a certain small body of individuals any
more than to a single individual?" The word "bearer"
implies no limitation, and to say that the bearer must
be a banker is at once to impose a limitation and that
of a very precise kind. If the principle of the Stamp
Act is to be attended to, the infringement in the one
case appears to be as clear as in the other. Again,
Baron Parke states that although the holder of a
cheque crossed with the words " and company" is
compelled to present it through parties of known respec-
tability, its negotiability is not affected, and it is still
Payable to bearer, a great public benefit being at the
same time attained. With regard to this, the question
arises, how can a cheque be payable to bearer it, so far
from the bearer being able to receive it, he is " com-
pelled" to find some agent of known respectability to re-
ceive it far him? When he stands at Coutts' counter as
the " bearer," and is told that the amount will not be
paid unless he can induce some banker to take his
place, how can it be asserted that its negotiability is not
effected, or that the law which, literally interpreted, re-
quires that it shall be met on demand is not violated?
At the present time there are several hundred bankers
in England, but suppose the number to be di-
minished, and that there were only ten, or
even two, would the words " and company," while they
" compelled" the holder of a cheque to receive it
through one of these parties, be no infringement of the
Stamp Act and no hindrance to negotiability, it being at
the same time illegal to narrow that negotiability to one
of them alone ? Or, to carry the inquiry still further
(since a principle must bold good in all cases), sup-
posing the whole of the existing banks were to be merged
into one, would the words " and company," which are
now legal, then become illegal by reason of their defining
an individual firm? Until these points shall have been
made plain the distinction which has been raised in the
judgment just delivered must plunge the law and practice
with regard to crossed cheques into more confusion than
ever. For the present, tne only concha-ion that has
plainly been arrived at is that the public cannot rely upon
the slightest protection being gained by crossing cheques
in any way, and one advantage, therefore, of employing
bankers is impaired. Baron Parke says that the mere
fact of a cheque being re quired to be paid through a
banker is a " great safeguard." But the time has passed
when this was the case. The facilities afforded by joint-
stock banks are such that it is now customary for per-
sons of the most humble description to have banking
accounts, and at some establishments such accounts can
be opened without the necessity even of a balance being
maintained, a fee t.eivg charged to compwn,ato for the
trouble given. These futilities present unquestionable
advantages for the trade of the country, but unless an
individual house can be specified, they entirely destroy
the protection that was previously gained by requiring
a cheque to be paid through a banker's. In the race of
such a fact it is not creditable to the banking interest
that they have never framed or sought legal sanction for
a general rule that might best secure their customers
from loss, and that they have permitted them for years
to pursue the practice of crossing draughts with the
names of individual firma under the idea that it would
be attended to, and now suffer the first public explanation
to the contrary to reach th to through the costly expe-
rience of a court of law...en/nes.

SEABORNE MAILS.
(N signifies that the mails are cent front the General Poet-officL
by the night—and M by the morning—dispatch.)

! when made up in From what When
General Post-office port dis-
eLAClCts•
due.
London. I patched.
-
America (by Brit. pkt.)Ni_Feb. 13
.. „Liverpool •. Arrived
America (by 11. S. pkt.) N , eb. 10 ..'Liverpool Feb. 19
America (by U.S. pkt.) II 'Feb. 18 ~ .. Southampt. ,Feb. 14
Africa (West coast)• • N 14th 01 the month Plynaoath March 3
Alexandria* •••• .. • • N 19th & 30th of mo. Dover .. Feb. 18
Belgium •• '• N Daily •• .. ..jDover • • Daily
Brazil .. • .• 5115th of the month ISouthampt. Feb. 16
Buenos Ayres •• .. 241 ,9th of the month ,Southampt. IFeb. 16
California(viaCharreF)Ml2d & 17th of month ISouthampt. IFeb. 5
Cape of Good Hope N 14th of month IPlymouth March 3
Constantinople* •• Ni7tlll7th 27th of molDover
.. Feb. 10
Central America • • 1112 d & 17th of mon. Southampt. Feb. 5
Channel Isles •• •• NMon., Wed., &Fri.lSouthampt. Tn. Th.Sitt
Chili .. • • • • • M,l7th of the month Southampt. Feb, 20
France •• •• id 80NITtviee daily .. .. Dover •• Twicedally
Greece* •• •• •• N,71.517th27th of mo ,Dover .. Feb. 10
Hamburgh • • •• NlTuesday & Friday 'London .. Tnes. Sat.
f ',l7th,
Llolland .. •• •• MWednes. & Satur.london .. Mon. Thur
Elonduras .. •• • N 17th of the mouth'Southampt. Feb. 20
Ireland •• •• M& N Twice daily ..
.. Holyhead .. Twiced ally
[ndia(vis SouthamP.) 31,201 h of the month,Southampt. Feb, 23
India (vialdarseilles) Nisth& 24th efmonthpover •.Feb. 20
Mediterranean (via
seuthau—,ton) •• M I2oth of the month
iSouthstmpt. Feb. 23
iieditori anean (via
Marseilles) •• •• 1118(1424th ofmontlarDover • . Feb. 20
127th
V CM:CO • • • • • • Ml2d of the month.. ISouthampt. Feb. 5
Madeira
.. •• •• 11,9 th of the month
7th Southampt. Feb. 16
Malta* •• •• t & 30th of 9th
month i
Doves Feb. 10
Naples* .. •• •• NiOth 15th 25th ofmeDover .. Feb. 12
Papal States* •• •• Nlsth 15th 25th of mo Dover Feb. 12
1
Peninsular..
.• .. Mi7th 17th 27th o/ mo'Southampt. ;Feb. 16
Peru
.. .. .. • • Mll7th of the month ISouthampt. Febl 20
Tuscany* • • •• •• N'sth 15th 25th of mo Dover • • Feb. 12
West Indies • • •• M 17th of the month Southampt. Feb. 20
West Indies (except
Havanna & Nassau) 111 2d of the month .. Southampt. ,Feb, 5 _

• The malls to those
French packet via Mane]
The direct llavre maiif
month will be made up ti
CALIFORNIA.—MaiIs to
are now despatched and

/2d of the month .. /Bouthampt. /Feb. 5
°untrlas thus marked (*) are conveyed by
Wee

'rota London via Southampton during this
are° times a week only, instead of daily.
and trom Calliorma, eta the United eitater
sue by every American packs`

RACING FIXTURES FOR 1852.

FEBRUARY.
CarMartheßshlre Hunt 9
MARCH.
Liverpool Spring ...... 3 Catterick Bridge
22
Coventry-- ............. 9 Northampton
Doncaster Spring
...... 10 Croxton Park 3O
‘V arwiek Spring
...... 16

APRIL.
NewmarketE l)
gEpsom
SPri
Springy
a v : 121 York
to n
Spring
Abergavenny.. ......... 15 Newmatket F. S 26

Chester Spring
Rath
Newmarket S. S.
Shrewsbury ............... 12 Epsom 25
Durham .................. 13
an
Lenhain .................. 2
Manchester ...
Southwell
Ascot . . ............... 8
Bev.rley 9
Hampton ...... ,
Newcastle 22

Bibury
Stockbridge ... 24
Wicchester
Knighton 25
Carlisle
Ludlow

JULY.
Salisbury
... 1 Liverpool ............
Newmarket ............... 6 Stamford 2O
Worcester
............... 6 Nottingham 2O
Lancai Iter ............... 7 Goodwood
/,[;GUST.
North Staffordshire 3 York
Brighton .•„ 4 LineOln
Reading
•..... ......... .......... 11 Echam

EDg')lrienato'nerelub '''''''''''''''''''''''''''''''' 7 Leicester
SEPTEMBER.
22
Warwick
......
13cdford
.................. 22 1
2141
NMeawrimchae;kteert
1A,.u0tu.m.n....
..

Nye
oeh
Newmark
kst
„Its char:
rke
0.
tu
sn
.................
u..
..
Wrexhatn ... 7 I Newmarket Houghton 25
.00TOBER.1:5 11
NO` E.
Worcester AWI Richmond
dnunt

[BEE.

2
, MD

GOVERN MEs nrPOIP4TMENTS.--Th
------T
..,------__
pre was printed
on Friday a
2ssion 1-,
-Y which it ap ears that since the 6th of April,
848, the number cf ne-wp
Parliamentary paper, moved for in the late
appointments made in fifty-four
Government departments was 837, at the annual amount of
84,3881. In the same period 2,176 places were abolished, 1
the calorie% wad expewo of vilaich fliWarlted t 9 343,94 N.

PARLIAMENT AND THE PRESS.

(Fr, nn the Examiner.)
We have read the lessons taught, to tie press the other
night in Parliament upon the subject of prudence, and
are anxious to make an effort to redeem the character of
our misguided paper. We have been very rude indeed
towards M. Louis Napoleon Bonaparte, against whom
we have pleaded the cause of abstract justice in a very
unparliamentary manner. We ought to have seen humbly
that he is now a formidable potentate; and if he ever
was a criminal, which he may or may not have been,
and which he may be or which he may not be, we ought
to know in humility what Boileau said in scorn, "Le
crime Leureux fat juste et cessa d'etre crime." The end,
personal uggrandizement—justified the means, perjury,
murder, and pillage. We use these words, be it under-
stood, in a sense strictly courteous and Parliamentary;
and with extreme respect for the exalted criminal, who
by such memos may have only meant to appeal to the af-
fections of a sympathising people.
We are the more penitent when we look up from the
depths of our personality to the lofty position held by
papers sacred from all official or personal interferences,
and which have obtained an enviable eminence by their
highminded kindness towards the eminent and dis-
tinguished culprit whose respectability we have been
hitherto reluctant to acknowledge. We wish to assimi-
late in character to the Morning Post, which by its own
testimony is shown to have " followed a plain and steady
course, with the conviction throughout that truth and
justicis must uitimdtely prevail in the public mind over
falsehood and fury." The truth and justice constitute
the cause of M. Louis Napoleon Bonaparte. The false-
hood and fury are the coarser attributes of the Times,
the Quarterly Review, the Examiner (we grieve to say
it), and the whole press of England with some three or
four exceptions. But how bright, how dazzling
these exceplons ! We look up, with an eager-
ness yet hopelessness of emulation we can no
longer affect to conceal, to the pure and exalted regions
of that upper air from which the Morning Post shines
down upon the President benignly, inio which the
Economist pours forth its bold and inspiriting sentiments,
where the Observer indulges an unfettered originality of
opinion, where the Globe gives evening lessons in the
art of polish and politeness, and through which The Sun
diffuses cheering rays of msnly independence. Return-
ing conscience-stricken to our coarser sphere, we cannot
but feel humiliated and envious. Our censor the Post
sets up a glass wherein we see ourselves. In the com-
pass of one virtuous and indignant article we read of
" unmeasured abuse and reckless slander," of " a fierce
and foul [orient of evil speaking," of offences against
truth and decency, and of weakness, virulence, folly,
vice, error, miserable fallacy, incendiarism, libel, im-
pudence, guilt, credulity, and falsehood. We plead
guilty. and de:dro to amend.

-
Emulous 81 0 we of the example of our friend the
Globe. The Globe admires the " measured and tempe-
rate tone of discussion which did so much honour to yes-
terday's dQbstes." Our friend the Globe shrugs at the
misguided press, and says that they will never get up
to the Yarliamentery style of discussion in newspapers
till the public asks them for " such writings as men of
honour could sign." The writer in the Globe would
doubtless have been eager as a man of honour to
sign his name to that attack upon a profession which
he dues his best to make us thoroughly ashamed to
own.

Now, if we could but write of the Prince President
with the smoothness of a Globe, or the tranquillity of a
Post, we might get praised in Parliament. It is an ob-
ject for ambition. Why should we disguise the fact that
we are envious? The Post and Globe took a magnani-
mous pride, the day after the debate, in being excep-
tions to the character of the press generally. We are
seiz4d with a longing to march through Coventry with
the Post and the Globe. Resolved to make at least one
start towards the more genteel society of our successful
friends. our difficulty is how to begin.
Would any member of the Government bestow upon
us and our offending brethren at the rate of six les-
sons for a guinea some instruction in the art of writing
prudent articles ? Mr. Hume has expressed the hope
that M. Louis Napoleon Bonaparte, out of his great
mercy, " would look upon the press as a body of men
having a particular trade to carry on," and would under-
stand, therefore, that that " they did not represent
popular opinion." We should have thought that the
press, conducted as a trade, would trade by supplying
articles of the kind most satisfactory to its customers.
But it is clear that we ate very stupid, or we should
more clearly understand the meaning of the Honourable
Gentleman. At any rate, as we have customers in Par-
liament, we thick it well, like good tradespeople, to
supply one article at least in our present number which
can be highly recommended by Lord Derby, Lord Grey,
Lord Brougham, Lord J. Russell, and other distin-
guished members of the aristocracy. So to begin.
But how to begin ? Still it is our difficulty. We are
so new to the vocation. We have been so long accu,-
turned to call vice vile that we feel a mauvaise honte
not a real shame of course—over our first attempt et
kis,ing carrion, at flattering filth, at doing it lip-service
while we loathe it in our hearts. Fur we do
loathe it. Our eyes have not been favoured with
a drop out of Oberon's magic flower that we
should be suddenly enamoured of the nearest ugliness.
However, what we cannot yet do we may set ourselves
to learn; and the shortest road to a language—Parlia-
mentary or °thee —is of course the writing of exercises.
So for en exercise we will take the language of the Noble
Lords and Gentlemen who censure us. All the sentences
of our article shall be transplanted out of Parliament..
There was a time when we should hardly have thought
of putting ourselves at the feet of such instructors.
There was a time, in our injudicious days when the
suggestion of a journey to St. Stephens's for instruc•
nun might have mace us laugh, and answer out of
Lucian, " the 'amine will never be so great in Argos as
to constrain the inhabitants to go and cultivate the de-
serts of Arabia." But now all times are changed. Now,
probity is licence, and mystification may be sense.
Here is our exercise, then, in which we will give
credit to each author we have studied for the contradic-
tions due to him ; that is to say, by putting his opinions
together, and parting them from those of his neighbours
by a bracket to include his mane. It is of course also
a portion of our exercise to translate the form of speech
into the form of article. And so we begin our prudent
paper on the Prince President.