The Sun.
London, England, 1857-12-09 00:00:00

`"~ ~,

something wholly independent of the rate charged on
mercantile bills. (Hear.) After this explanation, he (the
right hon. gentleman) hoped the committee would agree to
the clause as it stood. (Hear, hear.)
Mr. SPOONER, differed from the right hon. gentleman
with regard to what regulated the rate of interest. It was
a point upon which great difference of opinion prevailed
in the committee ; but he certainly thought himself that
the Bank rate regulated that charged by private dis-
counters, and not the reverse. The object for which the
rate had in the present instance been raised had been ac-
complished. The exchanges had been corrected, bat in
doing so the general confidence of the country had been
shaken. lo restore that confidence it would be necessary
to continue a large amount of notes in circulation ; for
when the public confidence was impaired it took a larger
numerical amount of notes to do that for which a smaller
amount would be sufficient under more favourable circum-
stances. So far as the exchanges went they might safely
reduce the rate of interest ; but the Bank would be unable
to do that, because, as the clause stood, if the demand for
notes were renewed they would lose the power of issuing
the extra two millions the moment they went below the
10 per cent. He thought that the whole matter ought to
be left in the discretion of the Bank.
Mr. CAYLEY said that if the act had been relaxed
sooner it was quite possible that the pressure still existing
would not have been protracted so long. Probably the
reason why the relief afforded by the letter of the govern-
ment had not proved as successful as in 1847 was the fact
that it had been too long delayed. He thought that it
would be well, perhaps, to allow a rather greater latitude
to the Bank.

Sir C. WOOD said that in 1847 the minimum rato of 5
percent. was the rate at which the Bank discounted short
bills, while their averagg rate was 7.; per cent. The hon.
member (Mr. Malins) had, therefore, fallen into an error
upon this subject.

'Mr, MALINS said that if, when the minimum rate was
.511 per cent. the average rate was 74 per cent., so at the
present time, when the minimum rate was 10 per cent.,
the average rate must be about 12 per cent.
The committee divided—.
For the amendment
Against
Majority .
—B2
The amendment was therefore lost.
The remainder of the bill passed through committee,
and the house resumed.

The bill was reported, and ordered to be read a third
time to-morrow.

The house adjourned at a quarter to ton.

From the London Gazette of Last Night

HOME-OFFICE, DEC. 5.
The Leeds Reformatory School at Adel, near Leeds, in
the West Riding of Yolk, has been certified by the Seer°
tary of State as fit to be a Reformatory School, under the
provisions of the statute 17 and 18 Vict., c. 86.
ADMIRALTY, DEC. 5.
The following promotions, dated the 28th ult., conse-
quent on the death, on the 27th ult., of Admiral Thomas
Le Marchant Gosselin, have this day taken place :
Admiral of tho White Sir George Mundy, K.C.8., to be
Admiral of the Red.
Admiral of the Blue John Ayscough to be Admiral of the
White.
Vice-Admiral William Croft, on the Reserved List, to
be an Admiral on the Reserved List.
Vice-Admiral of the Red William Bowles, C. 8., to be
Admiral of the Blue.
Vice-Admiral of the White Sir Barrington Reynolds,
K.C.8., to be Vice-Admiral of the Red.
Vice-Admiral of the Blue Sir Charles Sullivan, Bart., to
be Vice-Admiral of the White.
Roar-Admirals on the Reserved List
Norwich Duff,
Sir Charles Christopher Parker, Bart.,
John Edward Walcott, and
The Right Hon. Frederick, Earl Spencer, K.G., C. 8.,
to be Vice-Admirals on the Reserve List.
Rear-Admiral of the Red Sir James Hanway Plumridge,
K.C.8., to be Vice-Admiral of the Blue.
Rear-Admiral of the White Williams Sandom to be Rear-
Admiral of the Red.
Rear-Admiral of the Blue the Right Hon. Lord Edward
Russell, C.B, to be Rear-Admiral of tho White.
Captain Horatio Thomas Austin, C. 8., to be Rear-Admiral
of the Blue.

ADMIRALTY, DEC. 2.
First Lieutenant Edmund Henry Cox to be Captain,
vice M'Callum, to half-pay.
First Lieutenant Edmund Brighouse Snow to ba Cap.
tain, vice M`Cartby, to half-pay.
Second Lieutenant Horatio Guy Campbell to be First
Lieutenant, vice Cox, promoted.
Second Lieutenant Thomas Meyrick Hewett to be First
Lieutenant, vice Snow, promoted.
ADMIRALTY, Dec. 3.
Corps of Royal Marines —Gentleman Cadet Henry liar-
ford Strong to be Second Lieutenant.

COMMISSIONS SIGNED BY LORDS-LIEUTENANT.
Linlithgowshire—The Right Hon. David Stuart, Earl
of Buchan, to be Deputy-Lieutenant ; Captain Thomas A.
Hog the younger to be Deputy-Lieutenant.
East Kent Regiment of Militia—Assistant-Surgeon
Kaylet Curtis to be Surgeon, vice Sicard, resigned.
Tower Hamlets—Kings Own Light Infantry Regiment
of Militia—Edward Houlditch, Esq., to be Captain, vice
Pounden, resigned ; Ensign Elijah Littlewood to be Lieu-
tenant ; Robert Ormiston Hayes, Esq., M.D., to be As-
sistant-Surgeon, vice Clarke, resigned.
Light Infantry Battalion of the Royal Sussex Militia—
Robert Win. May Wetherell, Gent., to be Ensign, vice
William Watson Wood, resigned.
2d Regiment of Royal Cheshire Militia—Ensign Wm.
A. F. Haugh to be Lieutenant, vice Cuming, promoted ;
Ensign Robert Warren to be Lieutenant, vice Yeo, re-
signed; Thomas Henry Williams, Gent., to be Lieutenant,
vice Hamilton, resigned.
Worcestershire Regiment of Militia.—E. Hoste Hick-
man, Gent., to be Lieutenant, vice Paulet, resigned ; E.
Peel, Gent., to be Lieutenant, vice Castle, resigned.
Queen's Own Oxfordshire Yeomanry Cavalry—Captain
Frederick Loftus Dashwood to be Adjutant, vice Lord
Alfred Spencer Churzhill, promoted.

BANKRUPTCY ANNULLED.
Oliver Morgan Lilly, and Elizabeth Eleanor 31`Dowall,
timber merchants, Bristol.

BANKRUPTS.
Thomas Bull, vinegar merchant, St. Mary Axe, to sur-
render Dec. 19, at twelve, and Jan. 22, at half-past eleven,
at the Court of Bankruptcy.
Jeremiah Hill, railway contractor, Quidhampton, Salis-
bury, Dec. 17, at twelve, and Jan. 25, at eleven, at the
Court of Bankruptcy.
William Bromley Filler, merchant, Lime-street, City,
Dec. 21 and Jan 25, at one, at the Court of Bankruptcy.
William Follett, bookseller, Bognor, Sussex, Doc. 17,
and Jan. 21, at twelve, at the Court of Bankruptcy.
John Shoard, miller, Bristol, Dec. 21, and Jan. 18, at
eleven, at the Bristol District Court.

William Shaw, oil and linseed cake dealer, Sheffield,
Dec. 19, and Jan. 3D, at ten, at the Leeds District Court.
Samuel Farnan, colonial broker; Mincing-lane, Dec. 18,
at half-past two, and Jan. 19, at twelve, at the Court of
Bankruptcy.
. . . . _

John Wright, tobacconist, Barbican, Dec. 22, at half.
past eleven, and Jan. 19, at one, at the Court of Bank-
ruptcy. _
._

Thomas Ross, sail maker, West Hartlepool, Dec. 18, at
half-past eleven, and Jan. 21, at one, at the Royal-arcade,
Newcastle-upon-Tyne.
Samuel Welton Johnson, printer, Birmingham, Dec. 18
and Jan. 11, at half-past eleven, at the Birmingham Dis.
trict Court.
William Grundy, hosier, Birmingham, Dec. 21 and Jan.
11, at half-past ten, at the Birmingham District Court.
John Blackwell, upholsterer, Portsmouth, Dec. 17, at
one, and Jan. 25, at twelve, at the Court of Bankruptcy.
Miles Lambert, tailor and draper, Liverpool, Dac. 18
and Jan. 14, at eleven, at the Liverpool District Court.
Hugh Pickering, brush maker, Burnley, Lancashire,
Dec. 18 and Jan. 21, at the Manchester District Court.
A. Ogle and Company, engineers, Preston, Dec. 21 and
Jan. 21, at twelve, at the Manchester District Court.
Pickering Brothers, cotton spinners, Burnley, Lancashire,
Doc. 18 and Jan. 22, at twelve, at the Manchester District
Court.

William Smith and John Newey, soap manufacturers,
Smothwick, Staffordshire, Dec. 21, and Jan. 11, at half-
past ten, at the Birmingham District Court.
Robt. Huntley, shipowner, Hova Villas, near Brighton,
Dec. 22, and Jan. 19, ar twelve, at the Court of Bank-
ruptcy.

• SCOTCH SEQUESTRATIONS.
James Macdonald, furrier, Glasgow.
Ewen Macmillan, coal merchant, Inverness.
John Stewart, provision and spirit dealer, Glasgow.
George Walter Crawford, writer, Edinburgh.

ACCIDENTS PROM THE FOG.—Yesterday the metropolis
and surrounding suburban districts were enveloped in as
dense a fog as has visited us for years, the o insequence
' of which, we regret to say, has beast attended with
many serious accidents and loss of property, the latter
chiefly amongst the craft upon the river.. The inten-
sity of the fog wa from about half-past one o'clock until
six, during which time neither foot-passengers nor
vehicles could proceed but at a " snail's pace." The
collisions were without number amongst the different
vehicles, and although torches were in plentiful requisi-
tion, they availed but little, owing to the denseness of
the vapour. Numbers of persons were knocked down,
and more or less injured, and nearly the whole of the
hospitals received casualties from the consequences of
the fog, but at present it cannot be ascertained whether
any have terminated fatally. Many collisions also took
place on the river, in some instances barges and boats
being sunk. Between six and seven o'clock the atmo-
sphere became comparatively clear.
ADVEATMEMENT. I— SIGHT AND lIEARIIIG SPECTACLES-.•
POWERFUL TELESCOPES OPERA, RACE, AND PERSPECTLFS
Grassus.—S. and B. Solomons, opticians, 39, Albemarle-
street, Piccadilly. Observe—opposite the York Hotel, W.
By her Majesty's Royal . Letters Patent for valuable and ex-
traordinary improvements in the most powerful and brilliant
Telescopes, Camp, Race-course, Opera, and Perspective
Glasses, to know the distances. These Telescopes possess
such extraordinary power that some, three and a-half inches,
with an extra eye-piece will show distinctly Jupiter's moons,
Saturn's ring, and the double stars ; with the same telescope
can be seen a person's countenance three-and-a-half miles
distant and an object from 16 to 20 miles. For the waist-
coat-pocket,
and aro of larger, and all sizes, with increasing
powers accordingly. The Royal Exhibition, iaebrpifetuirlos, Waistcoat-pocket
non,lcBa 5n1b.0---sAeand
valu-
able, newly-invented, very small,
en
Glass, the size of a walnut, by
known one and a-half mile distant. hey answer every put-
speoesneeloyn
,tulhde Race-course
learsecarillyd at tile Opera-houses. Country
seen at 12 to 14 miles. They
deer:stalking., Tachting, to
are invaluable for shooting
sportsmen, gentlemen, gamekeepers, and tourists. Opera,
Camp, Perspective, and Race-course Glasses, with wouderfid powers. Invaluable preserving m Spectacle' Lenses of the
is, that vTisaieon
greatest transparent power, greatw mai
rd vas ibi tae
becomes
es derived
from this invention•
pre-
served and strengthened and very aged'. impaired
are enabled
to employ their sight at the most
lessmeostminute occupation—can see
twhietyh
do not
lenses
requirea the frequent of
a m
mactinainty,ienag
topowtheer d
gorous effects of further powerful assistance. Persons
oan be suited at the most. remote part of the worldly send-
ing one of the glasses out Ot their spectacles in a letter, and
stating the dist ;nee from the eye they can read small print
with it, and those who have not made use of spectacles by
stating their ago. Deafness.—New Discovery.—The Organic
Vibrator, an extraordinarily powerful, small, newly-invonted
instrument for deafness, entirely different from all of ners,
surpassing anything of the kind that has been, or probably
can, be produced. Being of the same colour as the sk in, is
not perceptible. It enables deaf persons to hoar distinct lyat
churchand at public assemblies ; the unpleasant mastic n of
singing noises in tho cars is entirely removal, and it allords 1
all the assistance that possibly could be desired.-3). Alke
marle-street, Piccadilly,—Opposito the York Hotel, W,