New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-22

y y 4lf OF NJ
Z cent. 100 10
Exchange ouds.'''.'''''''''''''''''''' 4Ho 0
soUTH SEA ioUsE THURSDAY, June p 1913.
Amount Of convertible snl uities til this day:
For cent snnuties .........'.....'..'aS7 so l2'9
EHehequer BONDS $40 1874
Total.................. .sLo5995 i6I7
Thus of the whole amount Of South Sea annnes of.
ered for conversion only Oneeghth has been taken and
Of the twenty millions stock created by Mr. Glad.
stone only Onewelfth has been accepted Mr. Gladstone
WILL therefore be obliged to contract for loan at time
when the Of interest has increased and will most
likely continue 10 increase which loan must amount TO
e. i57.s Failure The saving of elO00OO antici.
paied from this conversion, and already placed to the
credit Of the Budget, has accordingly to be dispensed
with Respecting the great bulk of the Public Debt viz
the E.00O0O0O0 OF per cents Mr. Gladstone has OBJ
tanned as the only result of his financial experiment thar
another year will have elapsed the 10Th Of Oct 1888
during which he has been unable to give notice of any
conversion The greatest mischief, however is this
that f3ll60OO must be paid in money in a few DAYS to
holders Of Exchequer Bills who refuse to renew them on
the terms offered by Mr. Gladstone. Such is the fnan.
cial success ofthe Government of all the talents"
Lord John Russell in the debate the Ecclesiastical
Revenues Of Ireland blouse Of Commons, 3ls ult ex
pressed himself as follows
at has been evident Of late years, that the Roman
Catholic Clergy-Ooking to is proceedings in this coun
fry-looLirg 20 that church acting under the direc
ton If is head. who himself foreign sovereign has
aimed at political power hear hear which appears 70
Of thi, country hear hear with the due attachment 10
the general cause Of lbery-wh the due attachment 10
the duties subject OF the state should perform toward it
POW, wish 10 speak with as mucn frankness the
hon, rsble gentleman who spoke last, let not bs
Misunderstood in this HoWe. / am lar from
deuyil that there many members Of this House and
many members Of the Roman Catholic persu ision both in
M and in ireland who attached 20 the Throne
and 10 the liberties Of M c0Haty but what am saying
aud that Of which am convinced is that If the Roman
Catholic clergy lad increased power given TO them and
tbey as ecctsastcs 20 else greater control and
greater Io cal influence they DO now. that power would
of b. Il rced in accordance with the geHcrQ esf0 that
nreya. in 1his couafry- Iurrsh and that neither 10
re peci # political power nor upon other subjects would
they favor that scrdi 5tedom Of discussion and that
tiviy ard energy Of the human mno that belongs the
spirit cf the CONSTITUTION Of nls country Flourish Of
irunpefs Do Lot think that IN that respect they
upf Il PAR with The s1yerans Of scotland bagpipes
the Weseyans OF His c0Ht'y and the Established Church
of ~. coBlhy General rapture am
obliged then 10 con lud- most unwiingy to conclude
buf NJ, . deciedly thu, the endowment Of The Roman
Cshoic Religion lr-landn tbe place Of the endowment
OF The Pot' st,lt Church in qt eyugby 10 connection
with Tie State, j. not Object which the Parliament Of
MI eoHeby ought 10 adopt or To sanction
Two DAYS after this speech Of Lord John in which be
Attempted for tie sixthousandth time, TO make show
Of bis love OF general freedom, by his Jealous genu
he1ous before particular sects Of Protestant bigOry
Messrs Sadleir Keogh and Monse gave in their resig
nations 70 the Coalition Ministry. in letter addressed
by Mr. Monsel to Ny Lord Aberdeen. Ny Lord Aber-
cetn his answer dated Sd June these gentle
men that
The reasons given by Lord John Russell and the ssnt
ments Of which you PLAN not shared by by
many az my colleagues. Lord John Russell de
sire. n to say that be did mpute Of loyalty to
the Roman Cah'hcs.
Messrs Sadler Koch and Monsel accordingly with
drew their designations. and the arrangements for
general reconciliation passed OF last night in Parla
men TO the greatest satisfaction Of Lord John Rus
o. sell"
The last India Bill Of 1888 proved fatal 10 the
Coalition Cabinet Of Mr.. Fox and Lord North
The new India Bill Of 1853 is likely TO prove fatal
for the Coalition Cabinet Of Mr.. Gladstone and
Lord John Russell But if the former were thrown over
board because Of their attempt TO abolish the Courts
OF Directors and Of PoPnetors, the latter threat
ened with similar fate foI the opposite On
June g. Sir Charles Wood moved for leave 10 bring in
bill TO provide for the Government of India Sir Charles
commenced BY excusing the anomalous length of the
speech be was about to deliver by the magnitude of the
subject" and the 10000 OO0 of souls be had 10 deal
with" For every 100000 Of his fellOw-subjeets,
Sir Charles cosd do NO less than sacrifice one hours
breath But why this preeiptate legislation on that
great subject while you postpone il for the
mos trifing mattersl" Because the Charter of the
East India Company expires on the 30th April, 1854
But why not pass temporary continuance bill
ing 10 future discussion more permanent legislation