The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-20
rnLnanApHIc HuWs.
REroHTEp FOR fgE Daily pisrATcH.
By THE NIAGARA

Halifax, and ss6,aja for Boston.
The U. 2. steam frigate Niagara left Plymouth
on the 9Th inst for home. LIEF officers had iarc-
well banquet given them by the commander anu
officers of the British flag ship on tbs station.
Financial affairs were still paramount in iHpor-
lance. Un Wednesday the 4th conaols 1911 u ~
There wssincreased anxiety aud pressure I'D the
money market under the apprehension OF fur-
Their rise in the Bank rates bat the heavy pay
meuts of the fourth we're well met. The susPeI-
sion OF poHies, Brother L Co., was announce;
their acceptances amount to about t1OWD Tho
rate Of discount at Hamburg VAS advanced to n4I.o
per cent.
On Thursday, the Sth the Bank of England. q.
apprehended raised tho ratU Of discount from 10
the unprecedented rate Of per cent. This ileta-
ment failed to abatc tho demand i3r money, Nhi-.
continued without diuiiaut.on Throughout Ih'I4-
day
The Times thinks the continued pressure mast
be mainly caused by Glar..!, and the consequent
desire of every person to be over supplied
Suggestions were current thGs the Eoyernmel.
should be called on for palliatiyes, but the Times
argues that there is shadow OF preteXt for such
step. The Times says: All classes OF the pnbiic
must be well aware that if the nation should SO
pitiaby lose it's selfpossesson az TO gave way 10
panic, there is but one remedy, and that the gov
eminent will be compelled to adopt. There candle
no need, however, by formal proceedings, to pro-
claim the belief that the financial sense of the B-
ton is still so low as to cause the degrading con-
tingency to be regarded not only as possible, bus
probable"
The funds fiuctuated about half per cent. du-
ring the day, closing at IS l3aSS24,
From all places on the continent various sums in
specie said to be in Of transmission to
America
The suspension of Naylor, Vickers Co.. of Shelf
field, and having branch house in America, was
announced. Their liabilities we're estimated at
from six hundred thousand to a million pounds
sterling, and their assets were believed to be two
hundred thousand pounds i'll excess. Their Glfn-
culties were believed to be temporary, and were
said to have been caused solely by the cessation Of
remittances from America.
Messrs. ". Orr & Co, in the River Platte trade,
have also suspended.
At public meeting of the merchants at Glasgow
adeputation was appointed to proceed to London,
to v ait upon the Government and urge the neces-
sity of immediate measures for commercial relief
The applications for money at the Bank on Fri
day were numerous, but no new difficulties trans
pired. Consols advanced early in the day, but
subsequently a reaction took place.
The Times urges a suspension OF tile export OF
specie to India, and thinks India rich enough to be
left TO her own resources.
The Daily News believes the Glasgow deputation
arrived in London on Friday evening. They viii,
it is understood urge upon the government the
advisabiity eli suspendiug some of tho plo'isions
OF the Bank Charter act as was done in 1871
Movements with a similar object may be short
ly looked for in other districts.
The freedom of the city OF London and sFlehd-
i'll sword formally presented to the Duke OF
Cambridge on the 4th. The Lord Mayor gave Il
banquet in honor of the event, which was attend
ed by several cabinet ministers and foreign ambAs-
sailors including Mr. Dallas. The Duke OF Cam
bridge, in speech, said he had a letter from SIR
Colin Campbell, alphabetically denying that there
was any difference between him and the Governor
General Of India. The Duke eXtolled the conduct
of the British army in India, and advocated its
maintenance in official state of warlike estab-
!lsEnnent.
Earl Granville defended Lord Canning from
charges with which ne had been aSsailed. but iuti-
,tItl nf bny Stp ui1 he IA
prepared to sacrifice his personal feelings to a
sense Of public duty.
Nh. Dallas, after making some remarks appro-
pirate to the event of the day, spoke as follows i'll
regard to the Indian mutipy:
sympathy has been invoked from foreign ma
:ions in reference to the state of affairs in India
| am not here IL speak as to the extent to which
my government, or the people of the United States
sympathiZc with the struggle Of England against
India. That is not the thought | wish TO express.
The thought that | wish to express is in reference
10 the treatment that is to be dealt to those who
have distinguished themselves i'll the field of crime
IN that unhappy region. Now. crimes are OF vari-
ons descriptions A mutiny and murder sre heavy
crimes. They are dark and gloomy crimes: but
they were committed in almost every country and
under almost every government Penalties are
specifically provided for these crimes in the Ie-
spcctive criminal codes Of various countries-
Let suCh crimes be punished whenever they &C.
cur according to law-that is the first and clearest
principle of action. Bnt there are ether crimes
crimes az least OF another character which become
80 monstrOus as to assume the attitude ofenmty to
the human race-n0t merely crimes committed
with reference to the power of lndia-nOt merely
crime inimical to England-nOt merely crimes
inimical to Europe and civilization, but crimes
that constitute their perpetrators what pirates
are and what cannibals in the Feeiee Islands are
enemies OF the human race, and meriting, not
from ole nation, not from one people but from the
whole OF the human race, summary and exemplary
eAtirpatiUn.
This, as it appeared to me, is not the language
of any particular individual, of any particular
country. but the language of human nature; ANA
although | am unable 10 say how far such Ian
guage may he CoUcnrred in lay the great body OF
my fell0w-citizans the opposite side Of the At
lautic, yet l think know them well enough to
say that no language can be too strong, no words
too impressive, no force too sudden, no blows too
seHere. for crimes such rs those which have been
perpctrated in India"
Lord Brougham officiated at tho inauguration of
Queens College Liverpool. In the course of his
remarks he strongly denounced the encouragement
Of African free emigration, by France. stating that
it was reviving the slave trade. aud damaging the
cause Of civilization and commerce in Africa.
Parliament has been further prorogIed to the
18th December.
The Borough Bank was paying all depositors uu-
der goo.
The prohibition upon the export of hides &C.
from the Baltic, has been removed.
The Kings of Sardinia and Greece have each sub
scribed 10000 francs to the India Relief Fund
The London Times has an article on the Central
American affairs, and hopes for an amicabe adj
Justment of all the questions of Sir W Gore Ouse-
leys mission, and early realization of the pro-
Jected canal across the lsthmus.
No further attempt has been made to launch the
L"vlathan. An examination showed that there
was not the least twist detection in the vessel
and that she sits fairly her cradles as on the
morning of the attempted launch There is no
more liability to settle than there was before
The II of December is the day fixed for the next
attempt The Engineers are confident of a success
full result
4 suit in the Admiralty Court. by the owners of
a cargo on board the American ship Andrew Foe
ter against the owners of the American ship Tus-
carorH fer causing the loss of the former vessel by
collision, in the Irish Channel, has resulted i'll ia
vor OF the owners of the lost cargo.
COMMERCIAL INTELLIGENCE.
LIVERPOOL COTTON MAkKFT.
The Brokers Circular sass the gales Of the week
were 22,GtO bales Including l4U0 speculation and
'0D for export. The mai ket opened with advance
Vi az UT. Gut the sanderolts aaVices, with the
advance IN the rate Of discount, and the stringency
III the money market caused panic, and prices fell
t. u range about I'd per pound below the rates OF
market closing very dull at the following quota
tons, which are nominal:-0rleans Fair SGD; Or
leans Middling Sd; Mobiles Fair SID; Mobiles Mid
ding sd Uplanis Fair Sd Uplands Middling 7,.d
The stock WAS j2 GA bales, Of which 1875 4UO we're
American
LIVERPOOL BREADsTUFFs NARKET.
The Liverpool Breadstuffs market was generally
quiet with declining tendency. Aiessrs. Richard
Sun, 70 ll'uI very tuiJt ana IN
declined Is. Wheat quiet and slightly declin-
ed since Tuesday Corn very aull, and in some in
stances Is lower Western Canal Flour 26 cd GU27s
I'd; Philadelphia and Baltimore 21s ida rs Ohio
3GS Red Wheat IS Sd.07s. Is; white Is. 3d GGSs }d
Mixed and yellow Corn 36s I'd s37s.; white 4ts Gals
LONDON MARKETS.
Barring Brothers circular says the stIingency in
the money market produced an almost total suspen-
sion of business the colonial and foreign produce
market. Breadsturs quiet and unchanged. Flour
2js(a 2Ss; white wheat GGgjis; red 800 ss. Nothrg
doing in iron. and prices nominal. sugar declined
s. aud heayey.
STATE OF TRADE.
The aiyices from Manchester and the manu1actu-
ring districts generally, are unfavorable. There
were sales of Importance making.
LONDON MONEY MARKET.
The Bank of England publishes two returns that
ending the 3st october shows decrease in bullion
Of fG.s sO and that ending Nov. 4th IA decrease OF
til3,G
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