The Sun.
London, England, 1849-04-12 00:00:00

PRUSSIA.

The Cologne Gazetb of the 10th positively con-
tradicts the report of a Royal Congress to be held at
Berlin.

BELGIUM.

BRUSSELS, APRIL 9.—Count Banzou, delegate of
the committee of the creditors of the Spanish debt,
who has been here for some days, has had the honour
of being admitted to a private audience by his
Majesty. The interview was long, and is said to
have been full of interest. The Count is charged by
the committee of the creditors of the Spanish debt to go
to Madrid for the purpose of substantiating their claims.
On his arrival at Brussels, he immediately sought
an interview with Senator Cogels, the President o'
the Antwerp Committee, who recently went to Ma-
drid for a similar object. Count Ranzaw has been
received by M. d'Hoffschmidt, the Minister for Foreign
Affairs, and other persons in office, with the distinc-
tion which naturally attaches to the representative of
the important interests of Belgium, England, and
Prance, as well as of Holland.
Much attention has of late been paid to the state
of the working classes, and numerous improvements
have been made in their constitution. Though we have
no Health of Towns Bill, the authorities are by no
means negligent of the immense importance of a
healthy tone in all things. The Minister of the Inte-
rior has just addressed a circular to the provisional
governors on this subject. He proposes the forma-
tion of special funds in all the communes for draining
and supplying them with water. Another point espe-
cially brought under their consideration, was the pro-
priety of forming private associations for the con-
struction of dwellings suitable to the working
classes and poor, and the formation of new streets in
healthy quarters.

STATE OF TRADE.
(From the Manchester Gun, dian.)
MANCHESTER, APRIL 10. The actual occurrence of
blowy between Denmark and Germany has been felt on
our Exchange to-day, in an increased backwardness to
operate for the countries affected by the event. In-
peed, political causes have tied up the hands of buyers,
for all markets betwixt the Baltic and the Mediterranean;
while for Russia and the Levant the purchases have
been on a very limited scale. An increased stagna-
tion has consequently prevailed in yarns adapted to
the continental trade. Water twist continues in a pecu-
liarly depressed state. The absence of buyers renders
the prices of the yarns referred to, in a great degree,
nominal; purchases may, however, be made on reduced
terms. In India yarns there is a diminished business,
as cempared with last week, and prices are barely steady,
except in the lower qualities of 40's, of which the sup
ply scarcely equals the demand. The dt mend fur
goods has also fallen off, though by no means in the
same degree as that for yarns, nor in so great a degree
as was anticipated in the morning. The inquiry
is mostly confined to shirtings, from a 64-reed down-
ward, to printing cloths and other light fabrics; and,
though fewer are wanted than was the case a week ago,
still, being now better supplied with orders, the makers
are little disposed to accept any offers at lower rates.
Heavy goods continue in their previous state of de-
pression. It may be noted that there has been little
more inclination to purchase for the Eastern
and some other markets in the latter part
of the day, than in the forenoon. The turn
out, on account of the relay system, at some of
the large mills at Stalybridge, is not yet at an end. In
one concern, a few hands resumed work to-day ; it is
not improbable, however, that a general turn-out may
take place before the conclusion of the week. There is
also, we believe, some uneasiness on this score at Belton
and at Mossley.
ROCHDALE, APRIL 9.—We have bad another ex-
tremely dull market : few merchants have attended,
and the sales have been very limited. In wool there
has been very little doing, and prices may be quoted the
same as last week.

HUDDERSFIELD, APRIL 10.—There has been a rather
dull market to-day, although we do not think that the
general trade is good. Several mills in the neighbour-
hood are working double time, and it will ri quire some
weeks to complete the orders on hand. Wool maintains
its price, and stocks are low.
HALIFAX, APRIL 7.—We have no change to report
this week in any department of trade, every branch re-
maining pretty much as it has been for the last week or
two.

A. STUPID Hoax.—We copy the following from
the Montrose Standard. The Fly, 14, Commander R.
A. Oliver, when last heard of, was at Auckland, New
Zealand, rather a long way from Newfoundland. It
could not be the " Spy, 3, brigantine, Lieut. Comman-
der Western, for she has been reported for the southern
division of the west coast of' Africa:—" STRANGE OC•
CURRENCE.—TIER MAJESTY'S SLOOP FLY.—A bottle
was found on the margin of the basin on Tuesday last,
after the tido had receded, and upon examination, it
was discovered to contain the following intelligence,
written in pencil, on a picce of paper, about three in-
ches square:—' December 8, 1848.—Her Majesty's ship
Fly, off Newfoundland, foremast gone, six feet water
in the hold, cannot live many hours, guns thrown over-
board.—J. Smith, Coxswain. As her Majesty's sloop
Fly, which carries 14 guns, was at sea on Dec. 8, 1848,
according to the list of vessels in commission, and as it
is far from being probable that any one would forge
such a document and place it into a sealed bottle, merely
for the sake of creating unnecessary alarm, there is
every reason to believe that that the bottle has Boated
aeross the Atlantic, and been carried along the east
coast of Scotland to the place where it was found.
Bottles with facts of wrecks have been known to drift
across from the northern coasts of America in less time
than two months, by a current that sets from the west-
ward, so that the time favours the supposition that the
intelligence is real. Still, however, it is strange that
we have not heard of the loss of the sloop of war Fly,
and possibly those who are acquainted with
thematter
will inform us whether this intelligence is correct or
1 t."
"THE WEATHER IN SCOTLAND.—SiRCE our last we
have experienced an interruption of the genial weather
with which we had for some time previous been fa-
voured, the last three days having been cold and bois-
teroua. Friday was bright and pleasant, but, during the
night, the wind veered round to the south-cast, and, on
Saturday morning a strong gale was blowing from that
direction, accompanied with rain. During the whole
day, and on Sunday, the gale continued, occa-
sionally rising to the force of a hurricane, and a
considerable quantity of rain fell. Yesterday, how-
ever, the weather was not so boisterous, but the
air continued cold and damp, and the sky
clouded. Previous to this change agricultural ope-
rations were progressing favourably, and it is satisfactory
to think that they are in a state of great forwardness.
Potato planting has been proceeded with to a consider-
able extent, and the sowing of oats, even in late districts,
is nearly finished, whilst almost all farmers have laid
down their barley crops. The wheat-plant presents a
fine healthy-looking braird, and is coming up with great
regularity. Pasture grass gives promise of an early
crop in most quarters; but we are afraid that the cold
land ungenial weather of the last few days will have
operated rather unfavourably to its growth.—Edinburgh
Advertiser.

ENCROACHMENT 011' THE SEA NEAR. ULVERSTON.
—During the recent high tides and gales a strip of land,
not less than twelve, and in some places twenty, yards
broad was washed away along the west and south coast
of the Isle of Walney. The loss is estimated at about
two acres in each half mile; a serious privation for the
landholders and farmers. It is said that encroachments
of this description, which are unfrequent, are greatly
facilitated by the farmers themselves, who are constantly
removing the stones forming the beach, to sell for paving
and other purposes. No fewer than fifty vessels are al-
leged to have been freighted with these stones, during
the last year, fur Fleetwood, Liverpool, and other places.
Should the inroads of the sea extend, the lowlands will
shortly be entirely inundated at every spring tide, and
the island will then be divided each time into three parts.
—Lancaster Guardian.

Yesterday a ballot was taken at the East India
House for the election of six directors, in the room of
Lieutenant-General Sir James Law Lushington, G.C.8.;
George Lye. Esq ; Elliot Macnaghten, Eq ; John
Petty Muspratt, Esq.; Martin Tucker Smith, Esq., M.P.;
and William Wigram, E-q., who go out by rotation.
At six o'clock the glasses were closed and delivered to
the scrutineers, who reported that the election had fallen
on Sir Robert Campbell, Bart.; William Joseph East-
wick, E.g.; Sir James Weir Hogg, Bart., M.P.; Licute- '
nant-Coloncl William Henry Sykes, John Clarmont
Whiteman, Esq.; and Sir Henry Willock, K.L.S. A
Court of Directors was also held at the East India
House, when the thanks of the Court wero voted
unanimously to Lieutenant-General Sir James Law
Lushington G.C.8., Chairman, and
Archibald 'Galloway, C. 13., l.) Major- General Sir
K eputy- m Chnir an, for
their great application and attention to the affairs of the
East India Company during the past year.
ABERDLEN I ILWAY.—WeAre glad to learn that
the works are being resumed, and carried on with con
on.
&derable spirit. A numLer of hands are being employed
in sinking the piles for the remaining pier, of the via-
duct across the Dee. • The town council of Montrose has
come to an agreement with the directors regarding th
construction of the branch line to that town,--Aberdeen
Herald.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a heavy market for Cotton at Liverpool
yesterday, and prices were in favour of buyers. The
odes were estima'ed at 4,500 bales, including 3,000
Amer:can at 32,-/i. to 61.1., 100 Pernams and Maranhani
to 51d., 30 Bahia at s*d., 100 Egyptian at 6d. to
6441., and 500 Surats at 31d. to 31d.--liailway Shares
were in better demand at firmer quotations.
The official corn returns give last week's sales if
wheat at 76,172 qrs., and of barley at 39,669 qrs. The
six weeks' average is now under 455.
The German, Belgian, and other advices have come
luly to hand. At Vienna, on the sth inst., the metallics
had risen to 86i. In the Amsterdam market, on Tues-
day, there was no particular alteration as regarded
)utch stocks. Spanish Bonds were firm. All other
se-ourities were rather flatter, except Mexican and
Fre,-tch, in the former of which a fair business was doing.
Dutch' Two-and-a-Half per Cents. were 49 9-16th..
The Frankfort accounts furnish some interesting parti-
culars o f the alleged conduct of Denmark in connexion
with the ~enewal of hostilities. Baron Von Gagern affirms
that the in rentions of the Central Government were per-
fectly conciliatory, and that it was only when the medi-
ating power,. meaning England, had declared its ina-
bility to guaraMee that the war would not recommence
on the 3d inst., that the German troops were ordered to
move forward. Even then, as the Baron affirms, the
Danish Governn. cut intimated that it did not
necessarily consic, ier the expiration of the armis-
tice a signal for the recommencement of offen-
sive operations, and;aoscordingly the PrussianCommander-
in Chief, Lieutenant-Gl/4 neral Von Prittwiti, received in-
structions to act strictly on, the defensive. This cer-
tainly reads fairly enough, if we did not know that the
mere entry of German troops into the Duchies might be
considered an act of aggression:. or at any rate of a very
threatening character, seeing the number of troops sent.
Indeed we cannot disguise the fuel that in City circles
he feeling is one of sympathy for Denmark, however
much it is regretted that an amicable .arrangement could
not be brought about. As to our Baltic trade, it
suffers grievously, and no merchant call make up his
mind how to act. Doubtless much cons; e ration will be
evinced by the Danish cruisers towards British ships,
but the latter will have to respect the block Ade wherever
it appears to be effectually carried out. S, 'axe parties
deny is toto that Denmark has a sufficient fleet ,to close
all the ports comprehended in its official notice;' but if
not, wo shall soon hear of our merchantmen runn (rig in
or out. It has been reported this morning that the
Germans by means of gun-boats have captured, 91f
Swinemund, another Danish vessel, but we have no con
firmation of this.
There is later intelligence from Lisbon. The Finance
Minister had reduced the revenue estimate to 9,748
contos, and the charges to 11,757 contos, proposing to
raise the deficit by financial reforms and the unpaid
revenues due in June, 1847. There is stated to be every
prospect of the next August dividend being met.
There has been a meeting in the " foreign house"
of members of the Stock Exchange interested
in Mexican Bonds, Mr. Capel having convened it, be-
cause of an opinion received from his solicitors to the
ffect that the form of receipt offered by Messrs.
Schneider to those who take the IL 17s. 6d. is objec-
tionable, and exposes the parties to the risk of having
to refund the same in case of any difficulty occurring
between the agent and the Government which it repre-
sents. A committee of five persons has been appointed
to confer with Messrs. Schneider upon the subject.
Business in the Stock Market has been very restricted,
if we except some money dealings in New Three-and-a-
Quarter per Cents., which have ranged from 911 to 91i.
Consols have ranged from 92 to 921, and are now 92/
for Transfer, and 92i for Account. This is " pay-
day," and we hear of no particular difficulty in meeting
engagements. Exchequer-bills are 455. to 48s. pre-
mium, being about Is. lower. Bank Stock has realised
193 k, and India Stock 243.
The Foreign Securities have been steady, but there is
not much doing. Mexican are affected by the circum-
stance mentioned above in connexion with the meeting,
and have oscillated from 291 to 301. Equador are 31 t.
Spanish Five per Cents. have been 17i to 1, and are in
favour. Dutch Two-and-a-llalf per Cents., 49.1; to 50.
The South-Eastern Railway meeting has been ad-
journed, the report of the committee of inquiry not being
yet ready.
The Railway Share Market is very quiet, at about
previous rates.
BRITISH. FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)

Bank Stock
3 per Cent. Reduced Annuities 90% %
3 per Cent. Consols Anns
New 314 per Cont. Amts.
Long Annuities, Exp. Jan. sth, 1860— BLA %
D 0.30 Tears, Expire Oct. 10,1859 B%
India Stock 243
Do. Bonds, 10001 62 63 p
Ditto under 1.0001
Consols for Account, ..., 92 92%
Exchequer Bills. 11,0. 2d.
March. June.
1,000/.
500/ — 48 45 p
Small — 48 45 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Dan:sh Bonds 1825, 3 per Cent.—
Ditto, 5 per cent. Scrip, 1849.... 6,%
Equador Bonds 33/4%
Mexican !Songs, 1846, 5 per Cent Cent
Ditto for the Account
Peruvian Bonds, 6 per Cent 661,E
Portuguese Bonds, 5 per Cent —
Ditto Account ....... ....
Spanish Bonds, 5 per Cent,lB4o
Ditto for the Account .....
Spanish Bonds, 3 per Cent 3l
Dividends on the above payable in London.
Dutch 21,4 per Cent.. 12 Guild
Ditto 4 Der Cent. Certificates
R NINES'S DO.Nt IN RAILWAT SHAKES AT ONE O'CLOCK
RAILWAYS. PAID. Piz SHARI.
Xt,erdeen
Ditto, Preference .. ... 214 21,4 ...... to
kniber., Notting., Boston, &c. 5
kyrshire and Galloway
,tc•lfast and County Down .. 20 .. ..
3erks and Hants Extension
(Gt. West. l'erpet. 5 per ct.) 5
ilirmingnam & OxfordJunct.,
calls duly pd, or with guar. 20 . — to
. .

Do., withouta guarantee... 20 .„,
Birmingham,Wol.,& Dudley,
calls duly pd, or with guar. 10 ... . 15%...... to
Do., without a guarantee... 10
Binning., Wol., & Stour Val. 131.14. s
Birkenhead, Lancashire, and
Cheshire Junction lO
Boston, Stamf., & Birming... 5
Bristol and Exeter 9O
Do., Thirds
Buckinghamshire.._ I6L 4s — to
Caledonian
Ditto, Quarter Shares lll4 .. ... 6 liii ...... to
Ditto, New 101. Preference 10
Ditto. Clydesdale Junction 50
Chester and Holyhead... 5O ... ..
Ditto, Preference
Clarence. .
Do., Ist Class, 6 per Cent... 10
Do., 2(.1 Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 5% — to
Dublin and Belfast Junction.. 35
Dundalk and Enniskillen ... 22%......
East Anglia, 251. L. & E.,
and L. & D
Ditto, 18/., E. & II lB

. .
Ditto, 31. 10s., E. & 11... 3% 2% to
Eistern Counties
Do. New Guarant. 6 per ()t. 10
Do.Exten.,sperct.No.l,6l.l3a. 4d
Do., do N 0.2,61. 138.4 d... par r.. d. to
Do., Northern & Eastern... 50
Do., 5 per cent.
Do., Quarter .... . ...... ...... 12%.....
Ditto, New ... .• 43 • •••• -- •••••• to -
Eastern Union, Class A (late
E. U. Shares) ... .. 25
Ditto, ditto, Class A, ditto 3% . to
Ditto, do, Class B (I. & B) 22%......
Ditto, do, Class C, ditto... 22% — to
Ditto Scrip (gua. 6 per ct..) 20
Ditto (C. & E.), 5 per ct. 2% — to
East Lancashire
Ditto, New ... .......... .... . 21
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares 64 -
East Lincolnshire 25

Edinburgh and Glasgow
Ditto, Halt Shares
Edinburgh and Northern ... 25 .....
Ditto, New port.. ... ..... .. 15
Exeter, Yeovil, & Dorchester 2% —
Exeter and Exmouth 2ls.
Glasg., Dumfries, & Carlisle..Bl. 68.8 d — ..... to
Glasgow, Kilmarnock, & Ayr 50
Do. Preference Consolidated
20
Great Northern
4% ......
Do. 1,4 A Deferred .....
. to
Do. 1,4 B 6 per Cent. -.— ..... to --
7% — :7 .... to .-
2,At l%l'
Do. Extension ...
to
Great North of England...... 100 ....
--
to ....
40 ......
Gt. South. & West. (Ireland) 45 ......
Ditto New 404... ..... '.. -
to
Ditto, New 3°L ........ ""..: 14 . • .• to
Ditto, ditto .... ........... 3305 . ...... —.....
Ditto. Now 154-- ... .... ...
81 .
.....
to 93
Ditto, Ilalf .. ....
23
...... to
19L ...... to
Ditto, Fifths
unterrnte.r.s.b..a..r.e..6 15.00
20
UrDeaitttoW, Qes
Do. New 171
Hull and Selby 5O 2 ..... to
...... 99% ...... to 100
Ditto, Halt Shares ..
Ditto, Quarter Shares ..... . 12% ..
Do.,Thirds... ................
9103 ....... ---
•• ••• to
Ditto,
t
r..0.e.r.5.k5b...i.r.e.
..... ......
84
66 %
............ : : :
.. : :
to
tt
90
Ditto_
to
Lancaster and Car1i51e........ 50 .
Ditto
Quarters
ivat
at afor ntsedhr. .:a.
Lancashire
Ditto Fifths ..
- ........
171,4 •
-6
!'s
Ditto :
\.
_To iwi i r(1. ......... . .... 10
Ditto Sixteenth .
!lan 6 per cent. 10
...... ••••• 15 ... .. to
Do.,— •to
Do. Liverpool and Bury... 46
Do. (lludderB. and Shoff.) 47
Do., Wakedeld,Pontefract.
and Goole
Do., Nest Riding Union... 9 .... .
` Do., Preston and Wyre ... 25 ...... ..
Do., do. Half Shares (A) 914 — to —.
Leeds and Bradford 5O v. ••• ...... to ...me

- .
pa-t ;1; — .. .. t 0
London & Blackwall - ..... to
Do. Extension .....
Lond., Bright., &South Coast 50 . ..... 38'4 1/2 to
Do. Guaranteed 5 per Cent. 9 ....•
D. Preferential, 5 per Ct., 50
„..... 52
Ditto, ditto 1852 50 ..... -
Do., New. guar. 6 per cent. 5 ......
I.cndon and Greenwich.. 12/. 15s. 4d... --- to
Ditto Preference
LoudonDN&ewNoduthar
IteVre:t. er...n. .. .... 20 ..... --
.107 ....133_% to 132%
to
Do. Fifths ...................... 2 .... •• ••• t°
Do. 40g. Share4....,L. & .m- 35 .
.... _
...
Do. 10/.... M. and B. (Co I .
London and S. Western.... 50 .. ... 36 1.4 .....• to
Ditto, New 50L......
...... to
Ditto, NEw 40/. 3l ..... to
Ditto. Thirds l6/. 13s. 4d...... 4% die. Le
Do., New Scrip, 1848, Pret.
7 per Ut. on Deposit and
5 par Ct. on Calls . . 5 • ..,
_ -- .• •• to
Londonderry and Coleraine... 30
Londonderry and Enniskillen 30 - ..... to
Manch. Buxton, & Matlock 41,4 1%...... t..
M anchr, Shs Meld, and Linc.100
Ditto v, Shares ( No. 1) ... 18 .....
Ditto, ditto (No. 2)
Ditto, % Shares (No. 3)... 121/2 ... •
Do., New 10/. Preference-. 10 ... .
Ditty, Grimsby & Sheffield 45
Ditto, ditto.
Ditto, ditto
Ditto Sheffield and Line. 171/2....
Ditto, Grimsby Dock ..... 22% — ...... to
Ditto. Man. & Lin. Union 4/. 2s.
&fid1and......... 100 .... 76 -
Ditto, Consol. Preference...100
li Ditto.:so/. Shares.... ...... 25
Midland, Birm., and Derby...loo ...
Midland, Consol. 13ristel and
Birmingham, 6 per cent.... 100
..... to --
Midland, Bristol and Glouc. 40 ... -
Ditto ditto 181.25. 6d ..
Ditto,ErewashVal., Pref... 50 - ...... to ..,
6lidland, Leices. and Swan-
nington (8 per ct.gua.)....100 .... .
SI idld. Great Westem (Irish) 47% — to
tdiddlesbro' and Redcar. 6
per cent. guar. ..
Newcss_ie and Carlisle lOO ......
Ditto Quarter Shares . .... 25 .....
Newmarket ..... ... .......... 20 .....

Ditto Extension Scrip... 2/. 12s —
Newport Abergy., and Heret. 6
Newry and Enniskillen ...... 1
Newry, Warrenpoint, and
Rostrevor ..... ...,......... 20
Norfolk
Ditto New 20/. l 5
Ditto Guaranteed 5 per ct. 20
Do. Do. 5 per cent 6 .. ... :to
_ _

Do. EA westia"(guar. 4pc t. ) 20
Ditto (guar. 6 per cent.... 13 ......

Do. do;Vaveney Valley... 2
Northern Counties Union ... 4
North British .. .. ... .. 25 ...... 143 c to
Ditto Pall 5hare5..,........ 12% 6
Do. Quarters ......», 6ti — ...... to
Ditto. Extension % — . t -..-
Ditto Thirds .... ........ ...... WA"...•
li
....
to
' North Staffordshire... .. ...... 17% 13%..... to
Vorth Wales
34 ••••• . •••• to
N -Irth Western
Oa, 'ord, Worcester, and Wol- !?
vet
hanipton
Readin
f<,Guildfd.,& Reigate 12%....
and Hitchin ..... .. 314......
Royston
Scottish Cell. „tral
Scottish Mi. 11-arld .... ....... .... 25
Ditto,NeN7.••• ' _ 2O
Shrewsbury Ll' •,...ingkam 11
Ditto, ..., Class B. 7
Ditto, New iGuaranteed 8
lereford .. 2
Shrewsbury and L
Shrewsbury and Chester
(Nor. NV. Zilin.) ~ ....
Ditto Halves„%tto... 9 ... -
Ditto, Oswestry ..... .. .—.... 184 ....„ ...... to
Ditto ,New)... -
Ditto 8 p
... .. 21,4 to
e nt. Pref... ...:: 15 ole
Shropshire ion
South Dev
Ditto, Preference ... ... 25
South Staffordshire .... 714 — ... .. to
South Eastern - ... -'''
Ditto, No. 1. 2B
Ditto, No. 2.
Ditto, No. 3. 3O

,
Ditto, Registered No. 4.... 10 . •••••
Ditto. Scrip No. 4..
South Wales
South Yorkshire, Doncaster!
and Goole 8 -
Sheffield, Rotherham. and
Goole (N. D) Gua. 5 perct. 10 ...... --e •••••• t 6
Do. do. (South Div.) 5 ..... - to
Swans. and Loughor and Ca-
meron's Stm. Coal ..... .... . 6
Taw Vale Extension ... 8
Thames Haven Dock and
Railway 171,4......
Vale of Neath - to
Waterford and Kilkenny 2O ......
Waterford and Limerick..... 474.....
Waterford, Wexford,Wieklw,
and Dublin
Wear Valley 6 per Cent.
Guaranteed -
Do. do. do.
Do. do. do. ...... . 12!4 •—• ...... to
West Cornwall 6
Nhitehaven and Furness l6 ... .. ..... to ....
Windsor, Staines, and South
Western... .
• ............. ••• •• 12 - ....... to ...

Wilts,Somerset,&Weymouth 45 ...... :,.., to
f ork, Newcastle, and Berwick 25 ..... 2314 to 24
Do. and Newcastle Exten. 20
Do. G. N. E. Pur. or Pref. 8 ... .. 6% 1A lig to
Do. Hartlepool I)k. & Rly. 100 ...... -
York and North Midland .. 50 ......411,4 42
Ditto, Preference
Ditto East and Westliiding
Extension
FOREIGN RAILWAYb.
Anglo Italian (late Italian
and Austrian - to
Boulogne and Amiens 2O ...•• ••• •• to
Central of France (Orleans
and Vierzon) ... - •••••• to
Demerara. ............ 171,4 —
Dutch Rhenish 74...••••
East Indian
Great Indian Peninsular 5 .•.•••
Louvain ala Sambre ......... 71,2 .•
Luxembourg -
Ditto
Madrid and Valenti& -
Namur and Liege... ..... . 2O ...8141g ea. int to
Northern of France l 3
Orleans and Bordeaux ... .. 7 ~.... to
Paris and Lyons
Do. Do.
Paris and Orleans... 2O
..... .. to
Pans and Rouen 2O — -
Paris & Strasbourg .......... 10
Rouen and Havre
Sambre and Meuse -
Strasburg and Bale ..... ...... 14 -
Tours & Nantes ... . .. 9
Tournay, Jurbise, Landen,
and Hasselt .., ...... ••... .. 20 011011.• ••••• • to -
West Flanders B3/4 — ...... to
Ditto ...
JOINT STOCK BANKS.
Australasia
British North American .... 50 ..... -
Colonial ..... ........... ........ 25 ..... .
Commercial of London 2O ...•••
London Joint Stock ..... ..... 10 -
London and Westminster... 20 ...... 24
National Provincial of Engld. 85 ...... •••••• to
Ditto, New -
National of Ireland ....... ..... 22% — ..... to
Provincial of Ireland
Ditto, New -
Union of Australia .......
Ditto, New...... 2% — te ---
Union of L0nd0n........ ...... 10 -
to --.
Union of Madrid ......... ...... 40

MINES.
Anglo Mexican lOO ON •• • -
Asturian -
Australian .. 5
Barrossa Range Mining Com. 285....... -
Blaenarvim Iron and Coal ... 50
Bolanos Serio , — to .....
British Iron • l2 -
Brazilian Imperial ..... ..... 1VA...." ..... to
Ditto St. John Del Rey ... 1.5
Ditto Cocaes and Cuiaba... 30
Cobra Copper ... 40
General Mining ....... •-...... 28
Real del Monte, Unregistered . .• .• -- to
Do. Black Debentures — • ...... to
to

Do. Red Debentures .....
Santiago de Cuba. lO ...... -- **
United Mexican - - "••••

------- ...
EASTER TERM.—Yesterday, on tbet :
law offices, after the holidays,
weretmh mentioned,
n lists
risreoetc:nrheosnidfbos:tsl :el ahofiabii
re: tie
ri a.
wgTl:uiehnit.,
ndnhed i 1 itenbbrngeet
.e.
Courts for the ensuinitgrotseyrmbe
for argument and judgment in the threeill7minegmonf the
law
rears number in the whole 305. and as a som is what
gular circumstance,
exception of a rule in each of the Courts, except the Ex-
arsactfeahonnidedde
erage2lnju2useefsfortroter, the
prEioauafpj
fieu gt
specialrdremugr
me rules furseertnnnic;
ltaa..
asr
nen
diiile
nwnontfthdrrnei
euae, , trials
wes
_moiwotuurrri
:l
argument,so :49
Queen's Bench
there are 40 demurrers eldnntethe
rules, 61 tnent
th
went, and 11 for judgment,ge
new trial suspended; for
and
dp
Court rt
new of
trials C om Common
alr:e:
chequer there is
in the
Of special cases there ll whilst in the Court of Ix--
1 registration appeoi
demurrer list r4ufoer judgment and 3 for argument.
isnfothr epapgermeemnpttsonryd plaopefro,ra.anrd.
gument• are besides
, and in the new trial paper 3 forjudgment wed
53 for argument. The arrears of the respective Cou, ts
are as follows :—Court of Queen's Bench, 108; Court of
Common Pleas, 118; and Court of Exchequer, 79.
DEATH OF LIEUTENANT•COLONEL HEAD.--Thill
officer, whose connexion with the Canadian service
during the outbreak may be still in the recollection of
some of our readers, died on the sth inst. at Clifton. He
entered the service in 1811, and became a Lieutenant..
Colont4 on the occassion of the Prince of Wales's brevet
in 1841. The deceased officer served with the 934
ilighlalldars during the expedition tn o the sou
New
Orl.
He subs equently proceeded to India, and was there em-
ployed t Or many years. He acted as Assistant Quarter-
master ( 3eneral to the force assembled before Kalapore,
in the S otio,hern Mahratta. lie was employed in Canada
in a particular service during the late outbreak. During
his isle yes ra of service be was connected with the 2d
(go' /515) F oot.
" ihe Al azquis of Waterford, in order to give food
to the 'peasantry, and thereby repress crime, is now em-
pinl
x)yihni,
e;dogninhri:
aenstdatoethle,Orooocclaubpoautiroenrss.in draining, ditch-
-Los p PANMURE.—His Lorsbip is again apparently
'sln his usual health,—Pundee Advertiser.

DER. AT WAKEFIELD TO 3IR.
COBDEN.

:;„)4.3IANTON, WEDNESDAY MIDNIGF.T.—ThiS even-
grand complimentary entertainment was given to
Mr. e;ubden by his constituents, in celebration of his tri-
urnpl :rit return for the West Ridint; at the last election.
entertainment took piece at the Corn Exchange,
where accommodation was provided for he-
t.,‘,et: 600 and 700 person?. The side walls were °rus-
with branches of laurel; at the upper end was
the Royal cipher, surmounted by an Imperial Crown;
and at the lower end of the apartment was suspended a
flag with the inscription, " Cobden and the Independent
Electors of Wakefield;" in front of the Chairman were
emblizoned the mottoes, " Protection is Robbery;"
" Thu Twins—Agriculture and Commerce," " Free
Trade," &c.
At the upper table, which was slightly elevated and
stretched the entire length of the room, sat the Chair-
man, Mr. George Goodman, having on his right Mr.
Cobden, M.P.; Mr. Bright, M.P.; Mr. William Brown,
M.P.; Mr. George Wilson, late Chairman of the Anti-
Corn-law League; Mr. Harrison, Mayor of Wakefield;
Mr. Alderman Carnutt, of Leeds; Mr. James Hamerton ;
Mr. C. H. Dawson; and on his left Mr. Marshall, M.P.;
Colonel Thompson, M.P.; Mr. Salt, Mayor of Bradford;
Mr. Henry, I.Y. ; Mr. Kershaw, M.P.; Mr. John Bald-
;;n, Mayor of Halifax, iSLe.
The following acted as vice-chairmen:—Messrs. W. H.
Voiter, of Bradford; F. Crossley-, of Halifax; F.
Sehwann, of Huddersfield; C. G. Maclea, of Leeds; Ed-
ward Baines, of Leeds; R. Solly, of Sheffield; James
l&licklethwaite, of Wakefield.

The lift of stewards comprised the names of the lead-
in;.; free-traders of the district. The body of the ball
was covered with 15 tables, each accommodating 40 per-
sons. The dinner was supplied by Mr. Wigney of the
George Hotel.
oo CHAIRMAN, in proposing the first toast, said—lt
is our ptcuiiar happiness and privilege to live under a
Sovereign distinguished for many excellences, and de-
vote:l to the best interests of her country—a monarch
Nvh- lives in the affections of her people, and whose de-
light it is to diffuse as much happiness among them as
possible. It has been my delight in all public assemblits
of my fellow-countrymen to see the spirit of loyalty
which has animated them, and the same spirit will, I
am sure, prevail among us on the present occasion. I
ate confident you will all join me most heartily in
drinking long life and happiness to her Majesty the
Queen.
Drunk with all the honours.
Tee next toast was the " Health of his Royal High-
ness Prineo Albert, the Prince of Wales, and the rest of
tne Royal Family."
The CHAIRMAN said—lt was a matter of sincere re-
joicing to all her subjects that the Queen was blest with
a good husband, and they all hoped that the Prince and
the royal family would with her Majesty enjoy long life
tti*l appiness
.:;The usual toasts of the " Army" and "Navy" were
no:-. drunk.

The CHAIRMAN then, in a highly eulogistic speech,
peeposed the " Health of our distinguished and patriotic
Aleut her; Mr. Cobden, 'with thanks to him for past in-
- ealnabte Servicei to' his country and mankind, in the
• revise of free trade, and an assurance of the hearty sym-
r; Ithy of hie constituents in his present labours on behalf
of rconotny.Cnd peace.'
IC-. COBDEN, who was- received with the most enthu-
Sia3fie cheers, said—l feel that it is from me the
a ology should come that I have not long ago had
t opportunity of meeting the electors of the West
1 liag at home. I ought to have paid my respects
tw
re., yon immediately on my return from the con-
pient, to have thanked you, and my friend in the
chair especially, for the most prominent and responsible
, salon he filled on that occasian in nominating me and
uraing me" When I was thousands of miles away, con-
4tifeg on me the most distinguished honour that could
le: conferred on a citizen of this country. But, gentle-
;Wu, since my return home I have found myself occupied
s,itt public avocations ; I believe that my pursuits have
'been your pursuits; that my aim has been your aim; and
f have felt assured that, dealing as I have done with a
tAody of intelligent and practical men, you have been
satisfied, whilst I was in pursuit of what I humbly con-
ceived my duty and your welfare. You would be satis-
fied that I should pursue my duties in Parliament,
and be content to he together in spirit; though
we wore absent in body. Your excellent chair-
, Man has been good enough to associate my name
with three principles free trade, economy, and
peace. I beg it to be distinctly understood that
in meeting, you here to-day—in having the privilege
of exchanging sentiments with you, we do not
meet for tt e glorification of any individual or ourselves,
but to do homage to those principles which your chair-
man has enumerated—(Cheers)—to render if possible
more secure the attainment of the first of those prin-
ciples, and to pave the way for carrying out effectually
and speedily the other two. I am not going to make a
free;trade speech; but an attempt has been made to
show that free trade in corn—for that is about the limit
of our triumph as yet—that free trade in corn, which
we have had for some time short of three months, is a
failure. Well, I don't know what we expected free
trade in corn to do that it has not done for us, as far
as it possibly could have done for us. Did anybody
ever ask themselves this question—W hat would
have been our position now if we had not carried
the repeal of the corn-laws just at the time we did?
I have talked to men coversant with these matters, and
I 1-eve put this question to them—Supposing the old
sli !ing scale to have remained in operation now, what
weed have bean the price of corn at this moment? Aud
the general opinion I hear is that wheat would be at 70s.
a quarter. What would then have been the condition of
England—what would then have been the condition of
Yorkshire? Just what it was in 1839, after the failure
of the harvest in 1838. Your towns would have been
crowded with paupers, and your capitalists would have
been meeting together to try and avert impending ruin,
as they did in 1839. Now what is the condition of things?
I don't say that trade is as good as it-might be, or as I
!lope it will be; but asking the condition of the mass of
the working population now, and comparing this with
what it was in 1839, 1840, 1841, 1842, and 1843, I say
there is now a state of great prosperity—(Cheers)—nay,
.1 doubt very much whether that portion of the labouring
el-sises of this county and Lancashire which is fully
employed in the mechanical arts, in manufactures, and
in other pursuits—l. speak particularly of skilled work-
reen—ever in their lives were in possession of a greater
amount of comfort .in. exchange for their labour, than
toey are at this moment ; because now you have not
merely food, but-raiment and all those human luxuries
which are happily within the reach of the working
classes, cheaper Shah; as a whole, at any time when
-the
trade of this district was peculiarly prosperous. When
we .go heck to 1835, and 1836, for instance, though
there was great prosperitys the.price of many articles
of clothing Was then much higher than now ; cotton
goods were about double what they now are. The
working classes are doing better than the masters
' et present ; but, however, I hope to see their em-
ployers deriving a full and adequate reward for their
skill and capital; but we did not profess that free trade
in corn was a sort of alchemy that was to discover the
philosopher's stone or cure all diseases; we never said so.
Our opponents have 'said that of us, to try and make us
ridiculous. We never said that free trade in corn would
prevent the evils that follow excessive speculation in rail-
ways.—(Cheers.) There is a sore place in almost evil y
family and counting-house, arising from these railway
speculations.—(Cheers.) We never said tree trade in
corn would heal those sores.—(Cheers.) We never said
it would prevent civil wars on the continent; or, if civil
Wars arose on the continent, we never said that free trade
in corn would prevent them from operating injuriously
on our foreign trade. We never said that there would be
no potato rot if we had a free trade in corn. None of those
evils that have fallen on us did we ever profess to avert
or cure; but what we did say and do say is this, that
whether foreign or civil war happens, or railway
speculations turn out disastrous, or potato rot
comes, you will be a great deal better able
to bear all those evils with free trade in corn
than you would have been under the old sliding scale.
—(Cheers.) We never said more than that, and, if so
much as we professed has been done, who has a right to
say that free-trade has been a failure?—(Cheers.) But
then we are told there is great difficulty and embarrass-
ment in certain portions of the agricultural districts.' I
think there has been a great deal too much of outcry
About_. distress in the agricultural districts.—(Cheers.)
I think it is a disgrace to certain portions of those dis-
tricts that they have made any outcry at all during the
great part of 1847 and 1848. The farmers of England
were placed under more fortunate circumstances than
ever they had been in this country within the memory
of man. They had capital crops and unprecedentedly high
prices; at least prices without a precedent since the war.
B. ar in mind that when in former times they bad
• a high price for their cora it was from a deficient crop,
lett during 1847 and 1848 they were in the glorious posi-
tion that the scarcity and high price of corn arose from
the failure of the potato, while they had capital crops of
wheat. They never had such an opportunity of actually
coining money as in the spring of 1848 and during the
whole of 1847. In Hampaire corn seas selling at 51. the
quarter; 100 shillings the quarter was refused in Chi-
chester market; and now those people are meeting and
declaring they are all ruined because they have had
three or four months' bad trade. It is disgraceful
both to farmers and landowners to make that outcry.—
(Load cheers.)
you had more; a t aa had eighteen months of bad trade,
the 70eury time they were getting this
price for their wheatiny were carrying on your busi-
ness at a loss,Lancashire losses during those
eighteen months must be measuredwas
by the extent of
tae manufactory. If it w large, the loss was about
1,000/., and, if smaller, the loss was one-half or
one-third of that sum per month.—
work
did not come whining to Parliament; yQroPt;)stolCdt, you
notto goo toraan-
fully during the storm, and were readoy
with the first gleam.—(Cheers.) We do
pretend . to
say that the farmers will not have a difficulty going
throngh the transition state—monopoly to free trade. It
is in the very nature of things, that if you have been
trying on evil courses for 30 years, the ordeal of getting
into a right course must cause one pain. A man does
not recovk from a fever without going through a very
painful state.of languor. We expected there would be
this difficulty in the transition; so did our opposers, or
why did they give us the work of a seven years' battle?
They have no right, though, to turn round upon us, and
say, "Look at the difficulties we have in our arrangements
with our tenants and landowners to meet this new state
of thingi." We told them they would have difficul-
ties precisely such as the manufacturers in 1817 ;
they had to look about them; they had to adopt a new
system of business, make larger returns in quicker time;
they had to produce more from a given quantity of Ina-
cl- inery and in a given space of time; and we tell the
farmers and landowners too, they must go through pre-
cisely the same process, they must have their energies
quickened, they must make their land more productive,
they must come to terms with each other by which they
may have the utmost possible production out of the soil.
All these we intend they shreild de--it is for their inte-

rests, as well as ours, that they should; and whilst they
do not, but, instead of that, go whining to Parliament,
and talking of transferring the taxes off their shoulders
on to ours—whilst they indulge in such child's play,
they make themselves simply ridiculous in the eyes of
men of business, and we tell them we have no sympathy
for any of their pretended distress. They say they can-
not compete with foreigners in the produce of core.
I speak to the backbone and muscle of the
clothing districts of England. You have no protec-
tion, and if you wanted any, I should vote against your
having it.—(Cheers.) But there is this difference be-
tween your case and that of the farmers. You are
obliged to sell your cloth so cheap that when it is gone
to China or New York it must compete with the pro-
ducers there even after the consumer pays the cost of
carriage and a heavy duty.—(Cheers.) Your production
is so good that the consumer prefers to buy yours, pay-
ing those charges in addition.—(Cheers.) The farmer,
on the contrary, has only to compete with the foreigner
when his corn is brought into this market after incur-
ring the expense of carriage. The farmer, therefore, is
always sure of getting a higher price for his corn than
the foreigner, and you are always certain of getting a
lower price for your cloth than the foreigner requires.
The farmers may have difficulties, but they cannot be
allowed to indemnify themselves out of your pockets, if
they cannot make their trade answer.—(Cheers.)
I have been watching with some anxiety the course the
farmers' friends have taken in Parliament. I thought
when they found themselves deprived of protection they
would at once begin to join with the free-traders in re•
ducing the expenditure of the country; they have not
done so, for this reason—they believe still, or find it their
policy to affect to believe, they can put their hands into
your pockets and indemnify themselves.—(Cheers.) I
want the agriculturists and landowners to be convinced
that to go back to protection in any shape is impossible.
—(Cheers.) We are not now talking the language of a
party, but of every party, and there is no party in exist-
ence which has a leg to stand on in West Yorkshire
which is in favour of a return of protection.—(Loud
cheers.) When the constituencies of rual counties
are satisfied that if they maintain a taxation they
shall pay their share out of their own pockets, and
shall not indemnify themselves by putting their
hands into your bread-baskets, they will join with us
in reducing the taxation and expenditure of the country
as the only means by which they can enable themselves
to meet the competition of foreigners. Up to this time
they have not joined ns, and I have been, I confess,
astonished to see the unanimity with which county Mem-
bers uphold the extravagant expenditure of the Govern-
ment. I made a motion, which I put in a very modest
way—l merely proposed that in the opinion of the House
of Commons we should return as speedily as possible to
the amount of expenditure which was found sufficient
for us fourteen years ago, and upwards of a hundred
county Members went into the lobby against me, and
the county constituencies therefore sent up Members in
favour of high taxes. Well., if they won't help us to
reduce the expenditure we will take care that they only
have low prices to pay high taxes—(Loud cheers)—
and if they continue to pay high taxes it shall be
their own fault. It is not considered etiquette to at-
tribute motives for the votes given in the House of
Commons. We must not state what we know to be the
fact as to what influences votes in Parliament. It is
actually forbidden us to say that the counties are repre-
sented by the aristocracy, whose families are connected
with the service by land and by sea, and that the mem-
bers of those aristocratic families keep up an enormous
expenditure for the army and navy in order that their
younger sons may find berths. It is considered very
improper that any of these allusions should be made,
and therefore as -there is a rule that motives should not
be attributed, don't let it be supposed that I have
imagined anything like what I have stated. We will
suppose, then, that these farmers and small freeholders
are the men who suppose they have all the interest. We
must suppose, looking into our army list, that the staff
appointments are all held by the relatives of the farmer
and 40s. freeholders. We have 150 admirals ; we
never can employ more than 14 of these at a time,
and we must suppose that these admirals are all of
them near connexions of the tenant farmers. It will not
be considered bad taste to have assumed that. Then, if
these farmers and 40s. freeholders will support high
taxes because their brothers and sons may be admirals,
majors, and colonels,—if they choose to keep up such
establishments for their interest, we are not going to let
them pay for them out of the bread• basket.—(Cheers.)
Our friends in the southern counties will perfectly un-
derstand that we see through the whole case—that we
know exactly how the land lies. If the tenant. farmers
and the people of the middle class in the south of Eng-
land really want to reduce taxation—if they want any
amelioration in those laws that affect them with respect
to game, with respect to occupancy, or in any other way
in which legislation can be to their interest, they must
join us, but not to impose an Bs. or 12s. duty.—(Loud
cheers.) When I see the farmers getting up a row
in South Hampshire, and carrying down a Mr. Shaw
to be more prominent than the squires themselves in
clamouring for protection, I pity them; they are posi-
tively past all hope of salvation.—(Cheers.) The farmers
are a class of the most dependent, politically, on the
face of the earth. They every now and then burst into
a sort of saturnalia. -These political bondmen—they
mean nothing—it ends in nothing. The landlord is
merely asked to go to his agent, and say—Tell all the
farmers on such an estate they must vote for such a man
—and they do it. The whole thing is (Meted by a wink
or a nod. It requires no noise. Besides, the farmers
form a very small portion of the electors even in a
county. We have a return before Parliament of the
different kinds of qualifications, and in the most rural
the proportion of occupying tenants is about one. eighth
or one-seventh, and in Lancashire not more than one-
tenth.—(Hear, hear.) To set up for themselves with-
out the middle class is the most hopeless, helpless,
childish thing that human beings could resort to. If
they want a reduction of taxation, wo will hslp them
to obtain it.—(Loud cheers.) Bly friend Bright has
proposed to get rid of the game- laws for them. But
they don't help him much. It is something like the
malt tax caer again. The few men that will support Mr.
Bright will be the free-traders; they are the only friends
the farmers have in the House of Commons.—(Cheers.)
You know what my motion about retrenchment is. It
is a very simple case. I put it before Parliament, and I
was sorry you found your representative in so small a
minority. But I beg you distinctly to understand that I
was in good company.—(Cheers.) I had Lancashire
with me—l had the metropolis with me—l had Edin-
burgh and Glasgow with me—l had Middlesex with me.
Of all the large towns only Liverpool—" a strange ano-
maly," seeing that financial reform commenced there,
and Sheffield, rather peculiarly situated—(A laugh)—
plumped against me.—(Cheers.) Sheffield voted against
me under peculiar circumstances, which you will under-
stand, but that won't occur again. I am very anxious
• that you in the West Riding should understand this,
and if you will take the trouble to analyse the places
whence my supporters came, you will find that en-
lightened and free public opinion was with me on
that motion, as certainly as it ever was with Mr. Vil-
liers, before Sir R. Peel took up free:trade in corn; and I
may boldly say that I never ever expect to be in a ma-
jority in reducing our expenditure to the standard of
1835. Government will take care of that, as they did
on the corn-laws; they will do the work themselves.—
(Cheers.)' If we were in the majority, the Queen would
have to send for us—(Cheers)—and that would not suit
them.—(Cheers.) Some Government must do it for U 3.
To be sure our Right Hon. Friend and neighbour, Sir
Charles Wood, has only made a beginning—that is his
policy. It is intended only as an encouragement for us
to go on. Perhaps he could not do more this time, but
it is quite plain what he means if you persevere, espe-
cially in the West Riding. A great deal:more will he
done next year, and it will be all done as soon as pos-
sible.—(Loud cheers.) What I proposed was to go
back as speedily as possible to the expenditure of 1835.
No answer NI as given to the facts I stated, via., that the
successive increases of our expenditure for armaments
had all been occasioned by special circumstances, which
have all passed away. I stated other changes, which I
hope will engage the attention of the West Riding. I
want to enlist you in two or three practical questions,
but which our opponents will call Utopias. Utopias?
The West Riding has a knack of making Utopias reali-
ties.—(Cheers.) The West Riding made Clarkson's
Utopias for the abolition of the slave trade a reality.—
(Cheers.) The West Riding made Wilberforce's Utopias
for abolition of slavery a 'reality. You made what was
called madness in 1839 reality in 1849.—(Cheers.) I
want you to take up my other Utopias.—(Cheers.) One
of them is to reduce thee expenditure by means which
seem to follow naturally out of our free-trade struggle.
I want you to raise the cry for colonial reform.—(Cheers.)
Depend on it you are as much interested in carrying out
reform in our colonial system as the colonies themselves,
or as you are in your own municipal affairs, because it
is only by the reform of your colonial system that you
can ever hope largely to reduce your present expenditure,
or be in a position to be safe against an overwhelming ex-
penditure from any accidental cause that may arise. You
may have another war in Kafraria or New Zealand. We
must have our colonies put in a totally different position;
we must raise the cry of " self-government for the colo-
nies." Don't give a feeble response to that under the
idea, industriously spread abroad, that something tending
to a dismemberment of the empire is involved in giving
your colonial fellow-subjects self-government. As Eng-
lishmen they are entitled to it. If you don't separate
yourselves from the dominant class—if there be a domi-
nant class, for it is hardly fashionable to say there is—
(Cheers)—if you don't separate yourselves from them in
their attempt to keep the colonies as a field of patronage
for their younger sons, and that the aristocracy may
nominate the Government, you will have wars without
end with your colonial fellow-subjects. English people,
whether in North America, at the Cape of Good Hope,
in New Zealand, in Australia, or in the West Riding of
Yorkshire, will govern themselves.—(Cheers.) You
cannot take up a newspaper from any point of the com-
pass without meeting complaints in every direction. I
do not wish to be thought attacking the Noble Lord at
the head of the Colonial-office. I do not attack Earl
Grey. I have a high respect for his personal honour,
free trade.—(Cheers.) and for his moral courage and independence. Hs _was
one of the first that boldly advocated our principle of
rather than
the slavery question (Cheers.)
Slvonmde
himself
u treeceoelmlepertehmeisar
enn-
doned office r
fills Hawes, a man businessinfake noSuch a man is en-
titled to our roofe *—
and honourablyr°nl amongsta charge
o le
e againstun under
e,r
%Y.Vhat I do find fault with is that men should
ourselves, who
vinedrnumstreinotl
to do
pinerepsoesnseie-
baililoitwiesth; eitmwseelnyleds to
requireb e put
omnipotenceinto art ofiacn d
to govern
almost to be able, from a street in Londonmnti
more than 40 dependencies in every latitudL
we had to send up to Sir George Grey to have l(l'iPsPiLse
thority for everything we do in municipal affairs, would
we tolerate such a thing ? And yet we have railway
transit that performs the distance between this and
London in six hours, and by the telegraph that will com-
municate with the metropolis in a minute you can talk
with the Home-office, and yet you would nit tolerate

its interference in Wakefield, Leeds, or Manchester.
Flow, then, do ynu think that in Thwiiing-street they
can govern the people of New Z-aland and Australis?
Before they can exchange communicatio-,s, ten to one
the object of those commenic ttiens will have passed
away. It is utterly absurd, and it is impossible tor the
•ntereft of the colonies, with the inalienable right of
Englishmen and the rights of our own interests, that
they should be k"pt in a state of pupilage any longer.
If the colonists require our sJidiers as a polies they
must pay fur it; they must pay every farthing required
for their owu defence and their own government; nor
would they grumble to do so if they only gave them
self-government. No doubt I hear Lord John Russell
meets Sir William Molesworth on this subject with
an objection which, with all deference and respect,
has shown me more than anything else that Lord
John is not quite equal to the position in which he is
placed. I refer to the puerile levity with which he
treated those profound arguments and most carefully col-
lected facts which Sir William Molesworth and others
brought forward on this subject. He ssid twice since,
You want something totally different from me_; you
want to dismember the empire; you want to make this
great united empire a smaller empire by getting rid of
your colonies one by one. You are going the right way
to accomplish your object." Is it right to treat this
question in such a spirit? What is free trade for, if it
be not carried out to its legitimate ends? There are
some statesmen of our days wh a think tho only object
of the Reform Bill or the abolition of the corn-laws was
to place them in power—(Cheers)--and that when once
in power they are to remain there. The country is to be
satisfied that they are there. They console them-
selves with the belief that the country wants nothing but
that they shall be there, and they are utterly incom-
petent, or what is the same thing in effect, they are
unwilling to carry out legitimately those principles by
which they have acquired power, and of which they pro-
fessed to be the champions.—(Cheers.) Our colonies
are subjected to an enormous expenditure in order that
Government may exercise the patronage. We have five
colonial governors, and a Governor in our North Ameri-
can colonies, with salaries amounting to 17,0001. a'year,
while the United States, with thirty governors, paid only
14,3001., our colonies having a population of 2,000,000,
and the United States 20,000,000.—(Cheers.) The last
appointment made by the United States was of a Gover-
ner of California, with a salary of WO/. ; our last ap-
pointment was the Governor of Labuan, with 2,000/.
a year. The Hon. Gentleman then urged at great length
the necessity of greatly reducing our armaments, insist-
ing on the policy of arbitration instead of war. He also
urged the formation of a convention between England,
and France, and America, to prevent the indefinite in-
crease of our naval force, and concluded an eloquent
speech by calling on his friends to attend to the regis-
tration, as the best means of carrying out their pacific
economical views. He sat down amidst loud cheering.
The CHAIRMAN proposed, " The seventy-eight sup-
porters of Mr. Cobden's motion in favour of financial re-
form, and may the public expenditure be speedily adapted
to the circumstances of a heavily burdened people.
Mr. J. G. MARSHALL, M.P., responded. He said,
after the able and exhaustive speech of their Hon. Mem-
ber, it would not become him to address them at much
length; but, although he should speak shortly, he hoped
he would not be found wanting in their estimation in
the cause in which they were embarked. Ile felt proud

at the welcome they had given to their new representa-
tive. He had pleasure in bearing his testimony to the
sentiments expressed by Mr. Cobden, and had perfect
confidence, as he believed they all had, in his carrying
out those views with which he was associated. With
respect to financial reform, it was clear that they would
have to fight the great battle inch by inch ; once getting
a large slice, they would go again a second time. He
had no doubt that in bringing forward such a measure
as Mr. Cobden had done he had laid himself open to
many attacks, but, having given it his best attention, he
could not find that anything objectionable was embodied
in:it. There was great room for a very large reduction
in the army and navy. Having had the honour of taking
a part with Mr. Cobden in his financial reform move-
ment, he hoped to go on with him.—(Loud cheers.)
Mr. S. SOLLY, of Sheffield, proposed the next resolu-
tion, which was in favour of international arbitration, as
calculated to supersede that unchristian appeal to the
sword in the settlement of our national disputes. He
was sure if that sentiment were adopted it would be felt
as a great national boon. He was happy that Mr. Cob-
den ;had made such a decided stand for financial re-
form, and hoped that it would meet with that support
which it so justly claimed at their hands.—(Cheers.)
Mr. Alderman J. MICKLETHWAITE, of Wakefield, in
a short speech, proposed the health of Mr. Bright, the
champion of civil and religious freedom.—(Cheers.)
Mr. BRIGHT, in taking a respective view of English
politics, observed, that the last Tory banquet of any
importance which was held in that room was in 1841.
The Whigs, as such, had not met at any great public
dinner for twelve years past, but the last time they
were heard of was when they assembled at Greenwich
or some such place, to cat whitebait, or at Brooke's,
which they still kept up the delusion of calling the " Fox
Club." He contrasted those gatherings with the great

and enthusiastic meeting of that day and those assem-
blies which they had lately held in the adjoining counties.
Worn-out principles; he said, the people of England
were about to brush away, and with them a great deal
of that which had been previously looked upon through
nursery prejudices with reverence and awe. He exult-
ingly spoke of the triumphs of free trade and its teachings
to the people, and warmly advocated, at great length,
the throe great principles asserted by Mr. Cobden.
Mr. FORSTER, of Bradford, then proposed the next
toast, for " an Extension of the Basis of Representation."
Colonel THOMPSON, in a warm and spirited address,
r,sponded. to the prcposal of his health, which was en-
thusiastically received.
" The total Repeal of the Navigation Laws" was pro-
posed by Alderman CARBUTT, of Leeds, in a speech of
some length.
Se.veral other toasts were given and responded to amid
much enthusiasm; and after three cheers for the chair-
man, Mr. George Wilson, and the League,
The meeting dispersed about a quarter before eleven
o'clock.