The Sun.
London, England, 1852-02-21 00:00:00

11.1hennta

-LONDON, SATURDAY, FEBRUARY 21, 1852.

RESIGNATION of the MINISTRY

Retribution has fallen at last like a thunder-clap
upon her MAJESTY'S Government. And the Jupiter
Tonans whose hand has hurled the bolt of death at
the Cabinet is no other than Lord PALMERSTON. The
intelligence of last night's division will be welcomed
with enthusiasm throughout the United Kingdom.
It will be hailed as the announcement of that tardy
but overwhelming vengeance which has been so long
denied, and which has at length been wreaked upon a
Ministry without patriotism, without genius, and
without popularity. That anyone should thus sig-
nally have avenged the outraged cause of the popula-
tion must of itself have been matter of delight to the
general multitude. But that the very man who, of
all men in the House of Commons, the nation
would have selected as its Avenger should be•the one
to Strike this deadly blow at the Administration, will
be received with unutterable gladness by the com-
munity. It must now, we conceive, be sufficiently
manifest that Lord PALMERSTON was fully aware, from
the first, of the power devolving upon him as the vic-
tim of an intrigue as base as it was unconstitutional.
Conscious that at any moment he might himself deem
most advisable he could pronounce the doom of the
Government, the Noble Lord, with that sagacity for
which, during nearly half a century of public
life, he has been invariably remarkable, reserved
himself with imperturbable serenity until the arrival
of the most appropriate occasion and of the most pro-
pitious opportunity. The wisdom of this course
must now be self- evident. Eventhose among the
admirers of the late Foreign Secretary who expe-
rienced the bitterest disappointment at the speech de-
livered by him on the opening of the present session,

rnE SUN,

will by this time have recognised the propriety of
the course then pursued by Lord PALMERSTON.
They must in the event of yesterday have peroeived, if
they had not already conjectured what was actually
the truth, that the Noble Lord, with that chivalry
of disposition which is not the least conspicuous or
the least honourable of his characteristics, preferred
to sacrifice for a while the feelings which must at the
very outset have impelled him to pronounce the sen-
tence of the existing Government. The reason for
this postponement of a vengeance inevitable in the
end, we have already and repeatedly indicated. The
civism of Lord PALMERSTON was for a moment
veiled by his loyalty. He was unwilling to
cope with his adversaries upon an occasion, when,
by so doing, he must necessarily have assumed
the attitude of anything but a mediator
between the nation and its SOVEREIGN. Rather than
this, Lord PALMERSTON repressed his indignation,
delayed his vengeance, reserved his words of fire, of
poison, and of bitterness, until they could descend
exclusively on the heads of his recent colleagues, on
the beads of those who were recreants to himself and
apostates to the cause of Liberality. The wished-for
moment arrived last evening, and the people of Eng-
land were avenged for six years of misrule by the
terrible retribution wreaked by Lord PALMERSTON
upon the Grey-Russell Government.
Jack the Giant-killer had long since dwindled
and degenerated into the political Tom Thumb—and
Tom Thumb has at length fallen. During the next
few hours the business of Parliament will be
that of assisting at his Ministerial obsequies. After
a more prolonged existence than was ever previously
tolerated in an Administration whose almost every
act was repugnant to the wishes of the people, the
Cabinet of Lord JOHN RUSSELL has felt the last
vestige of power, has seen the last glimmering of
prestige, the last chance of preserving place, the last
hope of retaining patronage, pass from the grasp of
its members before the mandate of the statesman
their leader had treated with the most contumelious
ingratitude, and with an insolence as insensate as it
was unjustifiable.
Nothing could have been more appropriate than
the occasion selected by the late Foreign Secretary
for the purpose of pronouncing the political destruc-
tion of her MAJESTY'S Government. The opportu-
nity was one which enabled Lord PALMERSTON to
speak as no other statesman of our age
could have spoken. It enabled him to say
in reference to the absurd project of
the Cabinet for calling out a local militia
which would not be a local militia, that his estimate
of his compatriots was very different from that which
,had been formed by his former colleagues, the mem-
bers of the Grey-Russell Administration. It enabled
him to assert, in language of withering contempt,
that the Act introduced by the First Lord of the
Treasury is one which virtually declares " that
Englishmen are cheats, that Scotchmen are cowards,
and that Irishmen are traitors"—a definition wel-
comed by the House of Commons with shouts of
approval for the orator and of scorn for the Govern-
ment. From that moment until the close of his
brief but memorable speech of yesterday, Lord PAL-
MBEATON was incited to a burst of eloquent invective
which created an enthusiasm such as has not for a
considerable time been experienced within the walls
of the Imperial Parliament. Speaking of the distrust
of the people manifested by the Ministry in the pre-
amble of their proposed measure in reference to the
militia, the orator continued—" Now I am dis-
posed to confide in the people. If you cannot trust
your population,to defend themselves, their lives, and
their properties, you had much better give up your
Bill.—(Cheers.) If you cannot trust them to come
to their standards when their country is in danger,
when their homes are attacked—if you cannot trust
the Scotchman to fight the enemy with his ancient
bravery, or the Irishman to be loyal to his QUEEN
and country, why then let us send for a Russian
force—(Tremendous cheering)—or an Austrian gar-
rison—(Continued cheering)—let us make the shame-
ful confession in the face of Europe that England
is no longer England, that the people of this
country have neither the spirit nor the courage to
defend themselves, their homes, and their families.
—(Loud cheers.) That is not my opinion of the
character of the people of England. lam convinced
that they are proud of their country—that they are
sensible of the value of all that they have to defend—
and that they are anxious to maintain the indepen-
dence of their country.—(Loud cheers.) Ido not
think them likely to give way to an unwise panic,
but that they are prepared, by coolness and determi-
nation, to guard against dangers which are possible,
but which are not immediately probable.—(Cheers.)
If the Government of this country makes an appeal to
the people, and shows them the danger which they have
to provide for, the value of what they have to defend,
and calls on them for a moderate exertion, I am
confident that you will not find your substitutes
indisposed to perform their duty—that you will still
find Scotchmen emulous of their native character, and
that you will not find Irishmen betraying the country
to which they belong.—(Loud cheers.) You will
then have a force costing you very little, and you will
show to all the nations of the world that you are pre-
pared to maintain your high position, and to repel
either insult or aggression. You will by this means
avert a danger which a local militia would not arrive
in time to prevent; and you will secure a peace,
which we all value, and maintain the country in that
position to which it is so eminently entitled." Such
were the memorable words with which the late
Foreign
Secretary closed his speech against her
MAJESTY'S
Government, words which were hailed
with the enthusiasm that might have been expected
from the Members of the lower branch of the Legis-
lature. Upon the division which ensued there were
found on the side of the Cabinet 125, and on the side
of its great opponent 136—leaving a majority of
eleven against the Administration. Thereupon the
PRIME MINISTER reluctantly announced his recogni-
tion that the votes were tantamount to a declaration on
the part of the representatives of a want of confidence
in himself and his colleagues, closing this acknow-
ledgment with a wretched little sneer—the point of
which we cannot for the life of us discover—at the
" 0:4 Viscount PALMERSTON."
How just this retribution to the Cabinet is the
people of England need not be reminded. It affords
a solemn illustration of the truth of that old axiom
of Government—Rex datur propter regnum non reg-
num propter regem—Potentia non est nisi ad bonum—
a truth which has of late been so very flagrantly
disregarded by her MAJESTY'S advisers. The
immediate result of last night's proceedings
must now be awaited with curiosity, of
course, but with confidence also, by the mass
of the population. Already the " family com-
pact" may be regarded as actually broken up.
Already the responsibility has devolved upon the
Qussri, of calling some other statesman than
Lord Jour;
ease of forming
RUSSELL to her councils for the pur-
another and a somewhat more popular
Administration.
Who that statesman will be it is
not difficult to
conjecture. If the feelings
and prejadices
"
engendered
. by Court in-
trigues are to be followed it will doubt-
less be the "Earl Of DERBY
If constitutional
etiquette is not to be
violated—that etiquette which
points out the man who has been • the direct instru-
ment of defeating the Government as the very one
who should in the first instance be sent
for by the MONARCH for the purpose of
creating
a new Administration, then it must, of course,
be the,." Lord Viscount PALMERSTON." Endeavours
outset be made to patch
may at the Up a Pro-
Pro-
tectionist Cabinet under the Premiership of
the Earl of DERRY ; but such a Cabinet cannot by
possibility survive
• beyond a very brief interval
—and the nation will then find that its destinies
must, by necessity as it were, be placed in the hands
of one of the mast illustrious of its citizens, one of the
most distinguished of its statesmen, one in whom it
has confidence by reason of his genius, his patriotism,
and his experience—the powers of the Government
devolving by right of popularity, in a word, upon
Viscount PALIEERsToN.

What is a pound ? The question has been re-
peatedly asked, but never more pointedly than by
the late Sir ROBERT PEEL. The Bight Hon.
Baronet founded his argument, when introducing the
Bank Charter Act of 1844, on the interrogatory. It
was one suited to those incapable of following
difficult subject, or of taking a profound and philo-
sophical view of the point under discuasion. It was

received with rapture by the bullionists, who, ,like
their celebrated predecessor, SnyLoCK, insisted on the
full penalties of their bonds. These contracts were
solemnly and deliberately entered into; and if the
conusors had agreed to give their respective
pounds of flesh " nearest their hearts," why
should the validity of the bargain be im-
peached. The enactments sanctioned in 1819
and 1844 had materially altered the state of
facts. The claims of the debtor were double rivetted,
because " the purchasing power of the pound was
more than doubled," and debtors were compelled to
return double value—to bestow twice the labour for-
merly necessary, in order to obtain the means of li-
quidating the engagements entered into under very
different circumstances. It was worse than useless to
represent that though the letter of the law was in favour
of the creditors, its spirit under an equitable interpre-
tation was totally adverse. They cared little for
justice; or expediency, so long as they could oppress
and defraud their fellow-men by an over-strict ad-
hesion to the terms of their agreement. "Bargains
were bargains," and should be respected, and there
should be " no interference on the part of the State
with private.transactions"—it being completely for-
gotten that the change was occasioned by the mone-
tary code introduced and sanctioned on utterly erro-
neous and mistaken principles.
However absurd, ridiculous, and untenable the
arguments, it was the poliey of the moneyocracy to
sustain them. Accordingly, when the First Lord of
the Treasury declared that " according" to law—
according to the ancient monetary policy of the
country, the meaning of a pound was neither more
nor less the definite quantity of gold, with a mark
upon it to determine its weight and fineness—
it was received with almost unprecedented acclamation.
" If," said the Right Hon. Baronet, " a pound be
a mere visionary theory—a fiction which does not
exist either in law or practice, in that case one class,
relating to paper currency, may be adopted. But if
the word ',pound'—your common denomination of
value—signifies something more than mere visionary
fiction, then another class of measures relating to
paper currency will be requisite."
There was joy in Israel at the announcement—
the House of Judah exulted. " A DANIEL come to
judgment" was the shout that reverberated through-
out the length and breadth of the land when the
opinions of the PILEMIER were published. They
were lenders not borrowers, they had to receive and
not to pay, and accordingly the dangers, the disgrace
of repudiation were incessantly urged, and they got
many j ournalists to support their views.
" A change has, however, come o'er the spirit of
their dreams." The discoveries of gold in quanti-
ties inconceivable, and apparently inexhaustible, has
placed the matter in another and a very different
point of view. They find that the cellars of
the Bank are filled to the very brim, that
every possible impediment and obstacle is interposed
to prevent the anticipated plethora of specie. Bat it
" has increased," " is increasing," and " will increase"
despite the Mrs. PA.RTINGTON-like attempts of the
directors to sweep back the tide. " The stream of
bullion is still flowing to the country." We might
stereotype the expression which we have had occasion
to use for many weeks, and which will still be ap-
plicable for a considerable period. The law of
supply and demand cannot be altered at
the mere will and pleasure of the magnates
of Threadneedle-street, and if they ever had
any real power they sacrificed it, at the first
summons of the enemy, in 1844. They must receive
bullion at the fixed and stipulated price, no matter
how abundant it may become. They must "sell in
the cheapest and purchase in the dearest markets,"
reversing every doctrine and principle of political
economy. And their own insane adhesion to the Bill
of 1844—because it was of temporary advantage,
because it served their purpose for the time being
—has materially aggravated the danger of their
position.

We now find from the last return that the stock
of bullion in the Bank coffers is no less than
18,596,1671., an increase of 314,524/. within the week,
and nearly 1,200,000/. more than was ever stored up io
any former year. We find that California more than
fulfils the sanguine anticipations that had been in-
dulged in, when the auriferous qualities of the soil were
first ascertained. The organized efforts of the different
gold mining companies that have already been estab-
lished, or are in course of formation, must more than
quadruple the supply. But, in addition, we have
Australia, the intelligence from which shows that
even the Californian miracles may be surpassed.
Why, from what we have seen even in the columns
of the great organ of the bullionists, we may conclude
that Lake Bathurst alone would supply the Mint,
that the " Mulwarre ponds" would provide as much
gold as we have heretofore had, through the Russian
AUTOCRAT, from the Ural mountains.

The Times is at length converted. The Leviathan
will no longer repeat the interrogatory, " What is a
pound ?" A feeler has already been put forward in
its columns, in the shape of a letter inquiring " Why
must the absolute weight, the amount of metal in
the pound,
the quantity of gold which is the
equivalent value of 203., remain fixed at what it is at
present ?"
We are then gravely asked, " What is to
prevent us from doubling the quantity of gold, which
we may still call the pound ?" ( Ill)
And this is already gravely put forward in the Times
in the most important part of its broad sheet, the
column immediately following its leading articles.
The straw has been thrown out to ascertain the
feeling of the country, but the ruse is uselesr, the hum-
bug is too transparent. Even the ",leading journal"
cannot so speedily change its sentiments and advocate
new principles and doctrines. Once more then, we
repeat, there is yet time for a satisfactory arrange-
ment of the question ; but if there be any procrasti-
nation, if the monetary code be not placed on a satis-
factory basis within the present session, the bullion-
ists will have cause to regret the apathy, or worse
than apathy, that has been hitherto exhibited by
their leaders.

LATEST FROM PARIS.

(BY SUBMARINE TELEGRAPH.)
PARIS, SATURDAY, 8.30. A.M.

M. Bocher; ex-Deputy, and one of the executors
for the Orleans family, has been arrested, and is de-
tained at the Conciergerie under a charge of propa-
gating seditious publications.—Times.

SOUTH CHURCH 'UNION LECTURES.—The third
lecture of this series was delivered at the Town Hall,
Brighton, on Thursday night, by the Rev. J. M. Neale, on
the subject—The Bible the Religion of Protestants. The
room, in spite of a fire which broke out in an adjoining
street, and the bringing out the engines through the audi-
ence, was crowded. The lecturer, in the first place, traced
the history of the word " Protestant," and contended that
it had deliberately been rejected by the Church of England.
He then combated the celebrated dictum—The Bible, and
the Bible only, is the religion of Protestants, by showing
how Protestant tradition had added to it on the one side and
subtracted from it on the other. A good deal of feeling both
for and against the sentiments of the lecturer, was occasion-
ally manifested; but, on the whole, the good humour of the
meeting was remarkable. We understand that the next
lecture is fixed for March 12.

APOTHECARIES HALL.—The following are the
names of gentlemen who passed their examination in the
science and practice of medicine, and received certificates to
practice, on Thursday, February 19, 1852 :—Thomas John
Eames Brown, Dorchester, Dorset; George Samuel Rhodes,
Dewsbury, Yorkshire.
_

A notice was issued from the Treasury yesterday
postponing the day for the receipt of tenders for the loans of
50,0001. and 40,100/. for Demerara and Trinidad from Thurs-
day next until Friday next, the 27th inst.
At the Court of Bankruptcy yesterday the choice
of assignees was perfected under the estate of Messrs. E.
Fyffe and Sons, who lately failed in the East and West India
trade. The parties appointed were Mr. W. Hammond, of
Lime-street, London, and Mr. W. P. Greenhow, of Man-
chester. The debts are stated to be 30,0001., and the assets
about 5,0001.
WATERFORD, FEB. 19.—The Hawk, from Nantes,
put in here to-day, with loss of fore-topmast, bulwarks, and
sprit; the Valentia, coal-laden, has been in here, the crew
having left her anchor off Loftus Hall.

CARDIFF, FED. 19.—Tbe Glenroy, hence for
Liverpool,
lying at anchor in Penarth Roads, was run into
this morning by the hiEdor of London, from Havre for this
port, and received so much damage as to oblige her to slip
her chains and run on Penarth beach, where she now lies
sunk.

THE INDIAN MAlL,—Yesterday the Oriental
Company's steam-packet Bentinck arrived at Southampton
with the heavy portion of the Indian mail and 45 passengers.
She brings no news, her intelligence having been anticipated
by the express overland mail.
THE ATTACK. ON MR. CHAMBRE.--A man named
John /SPGinnes has been committed to Armagh gaol, to stand
his trial at the assizes, charged with having been concerned
in the attempt on Mr. Chambre,
THE DOUNE BANK
RODBERT.—The greater part
of the money stolen out of the Doune Bank a few weeks ago
has been recovered, and three or four persons have been ap-
prehended and lodged in prison on suspicion of having been
concerned in the rehherYo—GlaVezeDaily

MINISTERIAL MOVEMENTS
(THIS DAY.)

The defeat upon the Militia Bill, and the language
subsequently used by Lord John Russell, will give a
significance and interest to the Ministerial movements,
since the Commons was last night, suddenly vacated
by its astonished occupants. There is reason for be-
lieving that the announcement of the resignation by
the morning journals was somewhat premature,
though the statement of Lord John Russell led to
that inference, because it was necessary that the
Noble Lord should consult his colleagues before
taking so important a step. Late last night there
still remained considerable doubt in the minds of
several members of the Administration, whether a
vote taken unexpectedly, and at a time when many
of the Government supporters were temporarily ab-
sent from the House, should be treated as a direct
want of confidence in the Ministry, and, if rumour
can be at all relied upon, it was hoped matters might
be so arranged as to prevent the necessity of an imme-
diate abandonment of office. The Premier had in-
terviews and communications with the majority of the
after the division and also this morn-
ing, Cabinet
a n d shortly
w e
3; I
lieve the result was in favour of a re-
signation. The rock-ahead, in the shape of Mr. Ad-
derley'a motion on the colonies for Tuesday, probably
exercised a strong influence upon them in arriving at
that conclusion. Lord John Russell visited the
Marquis of Lansdowne, at Lansdowne-house, at an
early hour this morning, and remained with him a
considerable time. The Right Hon. Mr. Fox Maule
met the Noble Lord at Lansdowne-house, but none
of the other Cabinet Ministers were present at the
interview. The Premier and the President of the
Board of Control left the Noble Marquis's residence
at half-past eleven o'clock, and walked through the
Green Park to BuckinghamPalace.They were met in
the Mall by the Foreign Secretary, Earl G-ranville,who
accompanied them to the Palace. Lord John separated

had
from his two colleagues at the entrance, and subse-
quentlyMsjesty. There can be no doubt that the object of
a rather prolonged audience with her
his visit to the Queen was to formally tender his re-
signation and that of the whole Cabinet. Whether
the resignation was accepted or not remains to be
seen, but under the peculiar circumstances in which
the Government are now and have been for some
time placed, her Majesty could scarcely adopt any
other course than release her present advisers from
the difficulties of their position. The question will
naturally arise, Who are to be their successors ?
If Lord John be asked by his Sovereign
to solve the problem, he will, perhaps, point to the
Earl of Derby as the only statesman who has
any chance of carrying on the government of
the country. There i-, certainly, as affairs now
are, no other political chief equal to the post or
the responsibility, and grave doubts must be
entertained whether the Earl of Derby, even if he
accept office, will have support sufficient to govern
the country for many weeks without repeated defeats.
The Noble Earl is absent from London, and is not
expected to return to town to. day.
We understand that Mr. Fox Maule announced

at Brooks's Club this morning, that Lord John
Russell had been to the Queen, and that the resig•
nation of the Cabinet had been accepted.

REUNION DES ARTS.

Messrs. Gollosick and
a most brilliant soiree
Goffrie, Th ts directors
for
thei
ref
benefit,tsociety,
gave
last night, at Queen Ann street, which was crowded
with very elegant company. On this occasion the pro-
gramme was printed, and consisted of very excellent
vocal and instrumental music. In tho first part
Hummel's trio, played by Messrs. Gollmiek, Goffrie,
and Goodban, with all its beauty and perfection,
deservedly drew for them unanimous applause. Miss
Ransford made her debut in this society on this occasion,
and sung beautifully, with great spirit and power,
Donizetti's aria, " 0 lute di quest anima," (Linda),
theby Piano, Gollmick's
himself,
followed by Mrs. Wallack; "'twines Aria, and miss
Mesaent, Aria from Guillaume Tell, very nicely
!lasp
sung;,E aofitre!
Lonir
this,e v
0,, playedas,oloon
beautiful delicacy and fine touch which 'with that
that splendid
composition requires, and giving great merit to its com-
poser; followed by Herr Jonghman (an excellent bari-
tone), &Mica's Romance; Mr. Snelling, on bassoon,
solo from Lucia; and then duet, by Mademoiselle Mag-
ner and Madame Lemair, from Donizetti, sung by bout
with their usual spirit and vivacity. The second part
opened with H. Leslie's new Quintett for piano, oboe,
clarinet, horn, and bassoon, played by Madame Goffrie,
Messrs. Harding, Boose, Markland, and Snelling, with
great unity and perfection; Mrs. Goffrie, solo on the
piano; Mr. Goffrie, solo on violin; and several songs by
Miss Magner, Madame Lemair, HerrJunghman, &c. &c.,
were also most excellent, and received with most enthu-
siastic applause, finishing tho agreeable evening with
great eclat.

therethe
were
twelve
DREADFUL INUNDATION AND Loss OF LIFE.—On
Wednesday evening last, about half past five o'clock, a
dreadful accident occurred at a colliery about four miles from
Rh
sd a
thatl e in
township of Bmi retnl ea- cnudmh-oßy as mi
nfotrhde.
pit,
tap
pa
get-
ting coals, when they unexpectedly broke into some old
workings ; this caused a sudden rush of water, which filled
the pit to a depth of fourteen yards at the shaft. Fortu-
nately some of the persons took refuge in the higher por-
tions of the pit, by which means their lives were preserved.
About ten o'clock the same night, James Lord, aged 17
ap-
pears
years •
, William Suthurst ; James Walkden, aged 34 years;
and William Walkden, aged 11 years, were got out alive.
On Thursday morning, between two and three o'clock, the
of Robert Shepherd was taken out dead. About
body Shepherd
halt-past ten o' clock on Thursday forenoon the body of
Samuel Wolstenholme was taken out dead. At half-past
two in the afternoon James Lees was taken out alive: his
finger nails were tom of by his endeavours to escape from a
watery grave. About three o'clock in the afternoon the
body of Robert Howorth was taken out dead. Oa Thursday
night the bodies of Benjamin Shepherd, William Yates, and
Emanuel Howorth were not found, but efforts were being
made by the miners to discover them. The pit was fifty-
four yards deep, and the place where the accident occurred
was about three hundred yards from the shaft. The bodies
of the unfortunate sufferers are now lying at the Pack Horse
Inn,
awaiting the decision of the inquest.
ilomrefEAD--NBW HARBOUR WORKS.--During
the late severe gales which have swept over the coasts of
Wales, the works now in course of formation at the new har-
bour at Holyhead sustained considerable damage. They are
actively progressing. The blasting operations, Which are
now being carried on daily at the "mountain," are upon the
most gigantic scale, if not the most extensive ever carried on.
The quarries of ochistus quartz are situated about half a mile
from Holyhead, and are the largest in the country ; and the
mining operations are ordinarily carried on by means of
heavy charges of .So,ooolb. of gunpowder, which are fired
through the medium of galvanic batteries. The rock, on
being dislodged in large masses from the mountain, is placed
on proper trains and drawn by locomotives, and is carried
upon three lines of railway to the water's edge, and canted
into the sea at a depth of fifty feet at low-water mark, in
older to form the breakwater. Some of the stones thus dis-
lodged by the explosions weigh upwards cf 20 tons. Some
idea of the vastness of the operations now being carried on
may be gathered from the fact that nearly 6.000,000 tons of
material will be required to form the breakwater and sea
pier; and of this quantity about 5,500,000 tons have been
deposited to form the fore-shore of the breakwater; this
latter will be 600 feet in width at the base, and the proper
settlement of the material thus deposited Is ascertained by
the engineer-in-chief and his staff. The foreshore will ex-
tend 2,600 feet to the seaward. The breakwater will enclose
an area of 316 acres, three-quarters of a mile in length, in
5i fathoms of water, with a sea pier 2,000 feet in length, and
the cost of the Whole will be about 700,0001.
half-yearly meeting of the Sunderland Joint-
Stock Bank, which stopped on the 21st of November, was
held on Wednesday, when a statement of the present position
of the accounts was laid before the shareholders. The lia-
bilities have now been reduced to 58,5841., and as the assets
are estimated at 38,3001., a deficiency remains to be sub-
scribed of 20,2831. An action has been commenced against
Mr. Robert Brown, one of the largest debtors of the bank,
which is expected to be tried at the ensuing Durham assizes.
A call of 24 10s. per share is to be met by the proprietors on
the 25th instant.
ROYAL ARTILLERY.—WooLwicir, Fan. 20.-35
fine young men, recruits, joined head-quarters here on Wed-
nesday, in charge of Sergeant Mason, having been enlisted
at Lisburn, Ireland, by the recruiting party under Captain
Beresford, and on their being approved of joined the 4th
battalion. s 2 young men, recruits, arrived at head-
quarters yesterday, in charge of Sergeant Maclaren, having
been enlisted by the recruiting party at Coleraine, under
Captain G. Shaw, and on passing have joined the Ist bat-
talion. Eight companies of the Royal Artillery—one com-
pany of the 4th battalion, one of the sth, one of the 6th,
two of the 9th, and three of the 11th battalion—assembled
in, light marching order to-day at a quarter to 11 o'clock,
A.M., under the command of Lieutenant Colonel Desbriasay.
Lieutenant-General Sir Thomas Dovrnrnan, C. 8., K.C.H.,
commandant of the garrison, arrived at precisely 11 o'clock,
accompanied by-Brigade-Major Bingham, and Captain Rid-
dell, ;seputy-Assistant Quartermaster-General of Artillery,
and on taking up a position at the south-east gate the com-
panies marched past, headed by the drums and flutes, and
proceeded past the Royal blilitary Academy in the direction
of Blackheath. Leiutenant-Colonel Burnaby being next
on the roster for a foreign command, would have been ap-
, pointed to succeed the late Lieutenant-Colonel Tomkyns at
Hong-Kong, but on being examined by a medical board to-
day he has been reported unfit for foreign service, and will
consequently retire on full pay. Lieutenant-Cololonel Bur-
naby served in the campaign of 1815, and at the battle of
Waterloo.
THE TiltEs," ON Louts NAPOLEON.—The do-
mestic policy of M. Bonaparte may be thus summed up
e:l7
Suppression of inconvenient truth, diffusion of convenient
falsehood, confiscation of Republican and Orleanist property,p
de arts
proscription and exile of intelligence, violence in thearmy
and
ments—espionage, and deletion everywhere—the
flied, and the workmen alternately cajoled, bribed,
lasses menaced,
de-
frauded--the higher and the middle. c
justice nowhere
flat-
tered, and suspected—martial law general
ar funds
—the jury suppressed—the courts disreg
sod d—the
—finance
kept up—trade gone down—commerce p araly
the road to ruin—tyranny made more tyrannous by the
for
forms of a mock liberty—clerks for ministers—parasites
senators—tools and dummies for Councillors of State —nom-
mees for legislators--defiancethe of opinion—and distrust of
force by which the system
every man and thing, even by
lives.
Mr. Garrett Barry, of the county Cork, is said to
have netted oiler 3,0004 Upon his horse at the Irate races in
England.