The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-12-19 00:00:00

Iticolnpetent persons

Anoti
bout to put the question, when Colonel DUNNI

ier pause ensued,

that the

Ministry had given a sufficient

11)1anation of the neglect by which losses had
__een experienced, which, by timely precaution,

have been avoided

Another pause ensued, showing an evident reluc-
tance on the part of the Opposition to take part in
the debate until the Ministerial Leader had spoken,
41Id the SPEAKER was again about to put the ques-
-0011, when Mr. DISRAELI expressed his surprise
utet no answer had been given to the statements
LAYA.RD. He vindicated the right

the House of Commons to criticise warlike
aerations conducted by the Government, and
demanded to know if Austria really meant to take
Iler share of the war. Otherwise he, for one,

Ranted no Austrian assistance, no four points, no
secret article, but let England and France together
solve this great question, and establish and secure
the civilisation of Europe. _ _

Lord JOHN RUSSELL vindicated the conduct of
the Government, asserting that the army had taken
11P a position at Varna at the request of OM..ue
-`-'kstrA in order to assist in raising the siege of
Silistria ; and had this service been required, the
force would have been sufficient for the purpose.
tie Treaty of Austria was not very precise in its
terms, but he understood it to mean that, should
Russia not consent to terms of peace by the end
of the year on the four bases, Austria would take
Part in the alliance defensive and offensive.
This concluded the debate, and at nearly half-
Past two o'clock in the morning the address was
Freed to without a division. It will be seen from
tile tenor of the discussion, particularly from the
emphatic statements made by Ministers in both
}louses, that whatever might have been their pre-
vious views, they have had the sense to perceive
the force of public opinion, and are now determined
to prosecute the war with energy, even avowing
their belief that the destruction of Sebastopol is
indispensable to the security of Turkey, and the
Preservation of the peace of Europe. The Minis-
ter of War very wisely abstained from justifying
the neglect, which he attributed to inexperience,
dud promised that nothing should be left undone
to satisfy the most ardent aspirations for the hu-
tailiation of Russia. Under such circumstances,
Complaint is, in a great measure disarmed, and the
Emperor of Russii may see that he has nothing to
elPect from a want of unanimity in the English
tlation.

THE TREATY WITH

AUSTRIA

WE have given in another column the text of
the Treaty between Austria and the Western
powers, the completion of which was announced
with such a flourish, that most persons were in-
clined to believe the great European difficulty had
been solved, and that the CZAR of Russia, alarmed
at the consequences, would speedily sue for peace,
The public have now an opportunity of judging
for themselves ; and we are inclined to think that
the majority will be reminded of the fable of "the
Mountain in labour." It requires something more
than the tact of Lord JOHN RUSSELL, or the
specious pleading of the most unscrupulous Minis-
terial advocates, to persuade the people of England
t
t any substantial advantage is secured by this
taunted Treaty; We had, indeed, far better make
up our minds to do without Austria, and bear our
part manfully in the struggle, than place any
'dependence 'on the diplomatic shuffling which has
evidently been employed in the drawing up of this
Treaty. To put it into intelligible English, the
three contracting parties, England, Austria, and
"rance agree not, to make any arrangement with
Russia, without first consulting each other. This
merely fetters England and France, without pledg-
ing Austria to anything. By the second article,
Austria engages to defend the Danubian Princi-
palities against Russian invasion—a contingency
hardly anticipated—and allow the free passage of
the Allied troops through any portion of the terri-
tories,—a concession which it would have been
absurd to refuse. By the third article, it is stipu-
lated that, should hostilities break out between
Austria and Russia, the Three Powers will mutu-
Uy assist each other—a condition purely for the
advantage of Austria ; and the fourth article merely
recites that, in the event of such a contingency,
the first article shall apply. The fourth article
stipulates that in case a peace should not be re-
established in the course the present year, satis-
factory to Austria, that Power will deliberate with
the other Powers upon the best means of obtaining
tt,---a kind of vague undertaking which may be
made to mean anything ; and the Treaty concludes
With, a promise to communicate it to the Court of
Prussia. It would be very satisfactory if any one
.Would inform us what infinitesimal amount of
advantage is secured to the Western Powers by
11118 Treaty. We can readily understand that they
.4ave engaged not to conclude a peace without
Austria, but in what phrase will be found an obli-
Ration on the part of Austria to afford any assist-
.
,aace P Such diplomacy is worse than trifling.

Tuß WIGAN Tows COUNCIL have laid a general district
rate of 2s. in the pound upon buildings, and one of 6d. in
the pound upon land, railways, and canals.
_ JUSTICE ERLE and Mr. JusticoCrompton attended
Divine Service at the Chapel for the Blind on Sunday.

MEscms.l3unNs and Mae
Malta Cook, recentl ma(
a in eight-and-a-hy alf
Dort on record.
HISTORIC SOCIETY Op
--The first meeting of th
was held on Thursday eT
ee-president, in the. c
Vnaents allotted to it
-11). and the business
ocpaslon.
with a The Secrets'
resolution of t'
the 30th of August
With, 1

er's screw-steamship Melita,
the run from Liverpool to
5, the shortert run from this

A. NCASIII

AND CHESUIRE

ty for the present session,
last ; the Rev. Dr. Thom,
The society met at the

present, in St. Georg

y character on the

nanimously on

society

-.out formal election,
to gentlemen likely to bee
.4!1 one hundred had avai
eight who had been mayor
isllen , twenty-one gradua
Institutions, and eleven f
All societies ; of these
'non-resident. A long b
the curator, including s
ej valuable books. Mosl
4 was arranged that
ea
Fen forma heads o Litera
y pref sP-'
1311 hi eets
drinking
the oldest
Upon it is
thrandk
1118ee-.1..." meth,
~„` • W. Fairh
gielnbers, and
Pairholt

As many

mselves of it, including

.ha, eighteen clergy

three Principals of public
s, or members of metropoli-
cent. are resident, and 33

s was read over by
al a large number

id upon the table
under the thre

,gy, and

'BP-ectivel

liects of

exhibited

AY NIGH

tle upon which to

mercial world the public atten-
grossed with the proceedings
enti and the debate on the Address, in
Ministers declared their intention to
the war with the utmost vigour, and
avowed their opinions that the destruction of
Sebastopol was indispensable to the security of
the future peace of Europe. It is also a season
when mercantile operations are contracted, in order
to draw the business of the year to a close, so that
dulness and inactivity are results to be naturally
expected. The public Funds, with some slight
fluctuations, have fairly maintained their value,
and money for commercial purposes has been com-
paratively easy, though without any great im-
provement. The returns of the Bank of England,
on Friday, show another increase in the stock of
bullion, to the extent of £135,421, but the other
changes are not of particular moment.
It appears by a recent telegraphic despatch from
China, that a treaty has been arranged with Japan,
by which two ports are to be open to British
trade.

which. ti

In the Cotton manufacturing districts, a very
fair amount of business has been doing for several
descriptions of goods, and the prospects of pro-
ducers are considered more favourable, from the
reduded price of the raw material. The Woollen
trade is slightly better, and stocks are considerably
reduced, so that there is some prospect of amend-
ment. The Hosiery trade is also partially active ;
but the Lace trade is very dull.
The return from the Bank of England for the
week ending the sth of Dec., gives the following
results, when compared with the previous week :-
25,545,408; Increase
9,691,373 ; Decrease
3,124,711; Increase

Public deposits
Other deposits
Rest ...

£505,515

67,873
3,069

£86,529
22,005
301,160

On the other side of the account—
Government securities.. R 11,604,267, Increase
Other securities .. 13,732,473; Increase
Notes unemployed ...... 7,928,830; Increase
The amount of notes in circulation is £19,405,585
being a decrease of £211,205 ; and the stock of
bullion in both departments is £14,005,444, show-
ing an increase of £135,421, when compared with
the preceding return.

ISSUE DEPARTMENT.
issued ... £27,334,416 Governmt. Debt £11,016,100
Other Securities 2,984,900
Gold coin &bu11'n.13,334,415
Silver bullion ...

£27,334,415
BANKING DEPARTMENT

£27,334,415

Prop. Capital ... £14,553,000P0v. Securities £11,604,267
Rest . . 3,121,711 Other Securities 13,732,473
Public 'Deposit's 5,545,408 Notes ... 7,928,830
Other Deposits 9,691,373 Gold & Silver Coin 671,029
7-day & other bills 1,022,107

£33,936,5991

£33,936,599

Our SHARE MARKET has again been active, and
the late advance has been well maintained. Con-
siderable purchases have been made of Midlands,
Fast Lancashire, Leeds, and other stocks that are
currently dealt in ; London stock, also, has parti-
cipated in the advance, though not quite to the
same extent as the others. It is said that this
company and the Great Western have arranged
their differences, and that they will now work in
harmony. The dividends upon Leeds, East Lan-
cashire, and Midland, are expected to be at the
rate of four per cent- We annex this day's prices:—
Caledonians 30i 4 ; Eastern Counties, 111 • Great
Northern A, 9 9-16 ; Lancashire and Yorkshire,
73A-1 ill- ; London Stock, 1001 ; Sheffield Stock,
23t I ; idland Stock, 68-k 9 ; South Eastern,
17 13-16 ; Magnetic Telegraph, 401.
COTTON.—The tone of the market during the
week has been dull and heavy, and prices have
given way about 1-16 d. to id. per lb. on mid-
dling, and id. to Id. on fair qualities. The
sales of the week up to Friday amounted to
38,290 bales, of which 1,410 were taken on specu-
lation, and 3,690 for export, leaving 33,190 for the
trade. To-DAY the advices per Canada were re-
ceived, with further accounts of a most abundant
crop, computed to exceed any previous year. It
had not, however, much effect on this market.
The sales reached 7,000 bales, including 300 on
speculation, and 700 for export ; and though the
market was heavy, quotations are not reduced.
The following is a comparison of present rates
with those of the correspondings3 period last
854 year :•—•
18. 1.

New Orleans, middling
fair ...

Uplands, middling
fair ...

RSCRIPTION., PRICES

Week [Previ-
endins ously
Dec.ls. this yr.

IMPORTS. *TOOK
ending Year. Week Thii
Year.
Dec.ls.

Sea Island

Stained
Boweds
Mobile .

34 ' 27330
7i 110 1450
6i 8630 463270
511 4270 246910
17400 927950
1150 43860
410 29090
510 36080
660
1290 108200
190 7600
3970 308600
20 10910
2060

39601 5291371
JJJ 341800
} 24855 1053341

New Orleans.! 34

Pernams,Bzc. 61 7
Bahia, &c 6 61-
111aranham 6 n
Demerara,&c
Egyptian 5 10i
Com.W.l.&c. 4
Surat
Madras
Bengal —

129 293521 8780
... 29099, 11700
▪ 41724, 22720
572 180
. ▪ •
• 77391 55860

274 5294 1650
227941 149070

1----- ------
38290 22139701

974 3590

29218 1995025 59535

PRODUCE.—The Sugar market has been freely
supplied, and prices are rather lower, For Coffee
a good demand for export. In Cocoa, a large
business done, at full rates. Rice, dull. Rum,
heavy. Tea, inactive. Hides in request, at higher
prices. Palm Oil, lower. For Tallow a limited
demand. To-DAY, there is no improvement to
notice in our Sugar market, the sales, including
Saturday's business, comprising 455 hhds. Deme-'
rara, at 275. 9d. to 31s. ; and 100 bags Dates, at
335. 9d. per cwt. The prices of Molasses are rather
higher, the supply in first hands becoming small,
400 puns. clayed Cuba having realised 16s. ; 350
puns. Barbadoes, 17s. on the spot ; and 200 puns.
Cuba Muscovado to arrive, 16s. per cwt. from the
quay. The business in Rum is still limited, and
for 35 puns. Demerara rather lower prices have
been accepted. 200 bags Rio Coffee are reported
at 445. ; and 50 bags middling Bahia Cocoa, at
295. per cwt. The Tea market is rather more
active, and a better feeling is apparent since the
receipt of the last advices from China; common
Congou is a shade dearer. 100 tons broken
Bengal Rice have been disposed of for arrival, but
the price has not transpired. 1,000 bags Saltpetre
have found buyers at 235. 6d. to 275. 6d. per cwt.,
for 10 to 5 per cent. refraction. We have also tO
report SO bags Pimento, at sd. to 58d. ; 30 cases
Castor Oil, at 44(1. per lb. ; 100 boxes large Pearl
Sago, at 20s. per cwt.; 70 tons St. Domingo Log-
wood, at £5 2s. 6d. at £5 ss. ; and 15 tons Barwood,
at £7 10s. to £7 15s. per ton.
WooL.—The better feeling noticed in our last
week's report is still manifest, and more business
has been done in most descriptions of Wool, with-
out any change to notice in prices. Alpaca has
remained quiet, while Mohair has found buyers in
small quantities at, is. lid. to 25., and stocks of
the latter, of good and medium quality, are held
firm at the extreme quotation. Fine and half-fine
Servia and Scopia Fleece are inquired for, and
would command a ready sale, at full prices ; but of
these sorts the market is_quite bare. Good true-

ia is a

Aso inquire(