The New York Herald Newspaper, December 22, 1857, Page 2

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DECEMBER 22 1857. elt a a 2 NEW YORK HERALD, TUESD« ——-— _—— 0 beyond the amount authorized by | the issuing of the government letter in those two years | ‘The Cnaxcetiok o mm Excurqrem assented; and, after | at from 125f. to 140f the cask of 212 litres; Bordeaux from | Procession hat to pass, aud a seat on the ascending saries | ur ast quotation, We quote:—Wheat—Red, 6s. } =i by! my ry relation, to such issues, aud 0 was identically the same. With regard to the commercial | some further observations, the motion was agreed to aud NlOf. to 150f. the cask of 228 litres; wine from the Cher, i Senches op etter side =e thes efore ht thy soveiad. 10d. a 7s) white, 6s Bd a 7s. 1 per 70 Ibs. Flour— the Sequiring and taking since the said 12th day of Novem. | crisis into which we have lately entered, and from which | reported to the House, when leave was given to introduce | from S0f, to 105f. the 230 litres; Burgundy trom 90f. to tall |. Og ‘a bog ss it - ave ink ry e} Philadelphia and Baltimore, 258, eavta Ohio, 263.; West Der t1807, eacurities in the issue departnent of the bank of | I think we can scarcely be said yet to have emerge, it | ihe bill MOF. the 212 litres. ‘There is. but litte business dotmg in | tall Life Guogds, with magnificent moustaches and flash | erp, 2s. a 242. Gi. yer Vil. udian eru—Mixed and yek England Beyond the amouyt authorized by law, sball be | may be observed that no symptoins of an alarming or | Some further business was dispoeed of, and the House | the Bordelais, and prices are not well established. fap ely oe yep gd apd one IR) Bde. a Bids. Gd; white, OT». 6. a SVs. per 440 Ibs, ‘confirmed and made valid; and the said Governor and — even of a threatening character (if we compare the builion | adjourned at a quarter to 120’clock till Monday. following are the quotations—Knutre-deux Mers, white, —_ ion by fa Se aasigeed'n e's es, | Bea, Fons and Bacun.—Nothing doing, except in the Company, snd eli persons we eres toch sote as ee ee ee ct Ee eee tie | AN ENGLISH VIEW OF THE AMERICAN MONEY PANIC tor to So. tne ask of 212 lisros; Grasse, rod) 200010 | soto ladien of rank abd arlaooratic conection, fue lower | "1th Stmucew ientih vstal absence of ioquir - Such issues, or in doing or advising aay, : on fy —ADVANTAGES AND DISADVANTAGES OF ‘THK EVENT. - Fag yg Nest Rhine | ler of seats being reserved for such memburs of the of «uweet was sold yesterday. at 55 Paro Said, are hereby indemnified aud discharged in respect deterioration began. bullion in the bank fell between < to . Emilie, 1,00¢f. The vintage on the i ; of sweet”? was sold yesterday at 52s. per ewt. eof, and all indict the 10th and the 18th be! £10,110,000 [From the Londoa Chronicle, Deo. 8.) bas exeteded all expectation ‘declin. | Upper Houte as chose to attend. The thin. tiue of Sena |“ pyryow, wader a Speculative movement, adj (here! and ail indictments and informations, actions, | the ‘of November from 1008 1018) 9, [ram the Londeaaiaapiele, Bee I} € ex and prices are daily declin- | {’Pbet tilts teed some fifty or sixty in Dumber all aby |, TALOws Mu t ent, advanced im Buits, prosecutions, aud proceedings whatsoever, com- £6,484,000; while the reserve notes fell during that period atin than tho cudiicdll desta Ye coal 'Y | ing. There is no business doing in branches. Coen ae ee eae Cale Ter all ak" Loudon ou Friday ufternoon Ts. to 1s. 6d. por cwt., but enced or to be commenced against the said Governor | from about £4, to about £1,490,000. But befor SUFANCES coummer oi lock ir cal Sy SpPre- wince then the marke! has become dull, closing at 50s. 6d. the year, Sis. 6d. January to March, > y persot rsons in relatien to the — that time it cannot be said that anything occurred whi away, together with some very satisfactory proofs of that | THE MONEY EXCITEMENT OF BAMBURG—LEGISLATION ate border to the brilliant parterre composed of thy to S15. spot aud and Company oF Any Decal, oF any of them, are hereby | could create uneasiness in the course of affairs at the | Ss#erton in the shape of considerabie specie remittances. OF THE BURGERSES AND FAILURES. Mrer portion of the assemblage. The corps diploma | ind bie March only. bor PY. C.. Lieto there is little dot harged and made void bank. The immediate cause of the crisis was, as must be The Arabia, which reached Liverpool on Sunday, brought | [Hamburg (Dec. 4) correspondence of London Chronicle.] | tique, who attended in great foree, and included the | jp, ; Sus. to Bs. is asked for Buichers? Association, bout it digcherertich of the said act of the 7th and Sth years of | within the Knowledge of the most honorable gentlemen who | £820,000, a sum exceeding, in this one consignment, the | | The Bourse was in a state of yesterday | Siamese embassy, with their tawny complexions | i ost difficult to tind buyers in this count Ec fe imporing 8 0 » | be ation, Philade| acquired and taken in the issue department of the the bank or with fp nnn where 2 1a¢6 country The ‘normal. rel a Of oh aaa dieress ed individuals was pecessary to quiet the tame In| | collars’ end'ribboma of various orders ese distingulad PR geri nan ro vilade\pbia selling at 9s., Rank of England shall be and be deemed to have it grew out of the an trade, +] Ret nat | tho Laltdine andl cainnborheaa. Vers hot s 5 ea 2 N rveni viol veniences created by | 84 America, as York Hixtan remarks, allding and neigh q us orators mous ed Visiters, who comprised among their number the am | Crovenskep.—No trausactions have taken place; a fow vo pre ae ee pA ipa al paren ine Wome poase tre ae Berra tae damonanae are now resumed. Even the very, date of that | to the galleries to harangue the Dolio and engage hem hassadors cf France and Turkey, and the Ministers of the parcels of new arrived. Place; drtwenty-cight days after the first mecting or sitting of | of the Indian trade, apd, to acertain extent, speculation | ree"mplion is fixed—uamely, the ilth of Novem: | sigigg petition to the Senate for a State loan to relieve | United States, Sardinia, Prussia, Austria, Grecoe, Bel’! Cortox.—the demand coutiuues to be very Mmited, and Parliament i the pear 1858, subject tothe proviso herein- | upon the continent’ However, it may be said that the al- | Der, falimg within a day of the memorable sus- | com@Prcial distress. They then repaired to the Chamber | gium, Brazil, &c., were accominodated with scats im | ag the chief portion of the fresh arrivals of cotton is) put after contained; aud during such suspension the provi. | most ezclurine cause of the commercial distress was the de- | Pension of the Bank ‘act, of which the mercantile ombar- | of Commerce, which is in permancnt session during the above the froat epi bench. Upon the wool on the market as fast as landed, prices aro barely sup- Bios of the said act in relation to the issue of Bank of | rangement of the American trade. For some months pre- | 'as+ments on the otber side of the Allantic were the pri- | crisis, to beg the members to Ps the Senate in a | sack sat the Lord Chancellor, in close proximity to whom | 1d, altiough the deetine scarcely amounts to a quota- Ragland notes shall be construed and take effect as if the | viously to November the foreign drain of bullion was ac- | Ary cause, Since {bis cause is, hows removed, we 1nay body, to apres on them the of the danger | were the other luminaries of the law, including Chief tion in Manchester to-day business has been very dull, . 4 I. , u u 4 > ne , ; department, and the prohibition of the increase of such | high rate of discount atthe bank On the 24 of April it England but over agarge Portion of Aho Euro. | the result of this step, which was that the Senate had un. | Watson’ sud Mr. Justice ae dance ie oetee | siding Orieuus, 63¢d.; Mobile, 634d ; Uplands, 64d. amount and of the issue of additional Bank of England notes thereon, had not been contained in said act: pro ¥ , ; | potonly in F on the Sean of Su. 35s per pny ‘the Noderot Gerster t Peau Continent, some time must necessarily stapse | peless dertaken to assemble the Burghers for the third time, and | peers present were also noticed the Duke of Cambridge, THK VERY LATEST. 7 * 2 ; "2 Octo! matters can resume their usual course, wi consult with them. the Duke of Neweastle, the Earlof Carlisle, Lord Camp: | Tessiaeters nkteds aaa Gowereertant Comapany of tee | Saphs on 28" felis Octaner to 8per cents on the: Gur of | St07m bas Ceased the sea is strewn with attesting | It was announced on tho Bourse to-day that the Barings | bell, the Earl of Hardwicke, und Lord Stanley of Alderley Loxnow, Deo. 9—Nooa. “4 -! qi the severity of the bygone gale. of London, who have immense banking connections with | The hierarchy of the church was represented by tho Consols, 915; 4 92!¢ for movey, 9114 @ 9144 for account, maa ic atatnnnt Tad of treat Tequnes by toom Ge | Aehercent Theor tes sw shat hgh vatonet’ tir | ulo thr character our american relates hae no | Hamburg tad made anor by telegraph to advange oar | archbishgp of Canterbury aha the Bishops of Londo, e gai 7 § sooner become relieved from ir home dificulties, ” . a witl’s, ant a a i tow the rate of 10 per centem per ansum, the said sus- | cuunt had prevailed, the Datta cree ate Sein beats | tegen 60 look crown to aoe VALE Gs wat ponetta fo (arm ‘hee. | otour principal bouses,” whdeo names were given, should | Yringe Frederick Willa of Frama, arrived, And gaged [The Liverpool Ageut of the Associated Press says im eee a eat. he expiration or cessor of the sus. | and of the disccunt homes in this country had been suc, | cimand ther people's misfortunes to profitable account, | guarantee the whole gun, which was to be paid in three | n conversation for some time with the Duke of Cambridge. _ refererce to the above:—This cvnsol statement is as tele- pension aforesaid the excess of isaues hereinbefore ooa- | cessful in reveraing that state of things, and In producing When the comers al resare was ab ie worst, even, Jone, Tan cee Tak 9e Cenenee Sere ween || emceinl aL emmmeenpene 13 the uniform of a Prussian graphed from Lotion, out { suspoct 91% should reed firmed shall be recuced to the amount which would have | a favorable state of excl potest. issue of the go- maltivades ve ail Sass: be left without | liable for the whole sum. po or ane Pi Sepa, waled by the | 91%") beew authorized by law if this act had not been passed; | vernmentietter. At that the foreign drain of gold | et that, ? i ' LavEreoor, Dec, 9-2 P. M. . ad shar; bad a shan; employment,tbere would be & splendid opportunity af- Ihave unfortunately to notice a series of eight or ten | Princess Mary of *Cambridge, followed shortly after- . . . M. ee rae and realetank tals aircon Woll the Aver event witch jprestned” maior i Ue forded for Alibustering enterpraes. The bint, somehow, 4 more failures announced during the last four an@eweniy | warde, and thelr Royal FHighnesses, who wers at Messrs. Richardsou, Spence & Co, report breadstuflt expiration or cesser, be and remain it full force. late Commercial crisis was the failure of the Borough | 708 net seem to have been takeus But in a regular com. | hours. sane aa any cow the beaiteed. | eedyin court mourning, took their seats in front of | quit, and few or uo transactions in any article ‘This act and the roval speech having been previously | Bank of Liverpool. I wish to call the attention of I penlbiay spap roel nea gledecghas ral ire perry Sor os en irone. . ee accents anatsaed: referred to the committee, the chairman read the passage | comnuittee to the fact that that was not a joint stock bank, | “Prospecting”? upon the ehanors that this crisis bg og es, demanding the pes of ‘pos It was now a quarter past 2 o'clock, and general expec- in the royal speech relating to the subject. Quu that it was not a bank of issue, Tbelieve there is | ‘be cud, turn to their advantage. A terrible shock has, | of movey. The intervention of the public authorities was | -ancy was at its height, when the gorgeous procession of | Lard nominal is ete ae he attention of the House | Tank was not a bank of issues it was a corporation of & | vey eral ayetem of trace, America has no doubt suf. | also besieged from eariy morning till Tategn the evening | whole assembiagesimmultancously rose to greet the arrival | Cotton—Market slow, and prices, must be quoted oae- the autclous trecet trom the throne, has’ tel totue as, | Scry cousideesbie, “Aw far: therefore, as that establiah, | !¢red as much as other countries. “But when the time for | A mass of people were demanding their déposits, and the | of Her Majesty. | The Queen was attended by the Prince | eighth of a penny per Ib. lower siuce Friday on general fembing of Variament before the usual time. In order | meat was concerned the consequences “produced by its | Febuilding arrives, the States will, they “calculate,” take | directors are in the greatest straits 'n find the large quau- | Consort, te whom she gave ber hand, and was led by the | rung of American, and three-sixteenths of @ peuny oa that the committee may fully understand the naqure of | failure cannot in any way be traced to an excess in the | @ *tart over the rest of the world. Concerning the resto: tity of coin necessary for paying any thousanla et de- | Prince to the throne. Prince Albert then took his eeas 00 | oiands. Sales to-day 5,000 bales, of which 600 were for the act of her Majesty's government which hag induced | issue-ot bank paper. ‘That failure took place about the | Tation of shaken credit, the American journalists very | Positors. ’ the left cf Her Majesty, aud on the same side soot Hari areal aie ie , the directors of the Bauk of England to infringe the pro. | otthef October-und the next event of importance was the | Prudently say nothing; but they feel assured that the | (Hamburg (Dec. 5) jcorrespondence of the London Times.) | Granville, bearing the sword of state the rigl a ofthe | spe and expor' v of the statute, aud thus rendered it obligatory | fai of Mestrs. Dennistoun on the of November. ‘shouses” which'bave tumbled down can be set ep again Tgave you in my last the current rumors among the | Sovereign were the Murquis of Winchester, with the cap ed upon me to ask the Ho to give its consent Wa bill of | “Zhe! horse was extensively engaged in the American trade. much quicker on that side of the Atlantic than on this, public up to the 3d inst., and also the result of the last | of maintenance, ant the Marquis of Lanplewne, Heartog | Coroners’ Office, é indemnity, it will be my 4 tion tothe | | helieve that itwas a house conducted with prudence, | because they have so much more ‘‘recuperative energy.’’ | meeting of the freebold Burgesses for the purpose of sanc- | the crown upon a velvet eushion. re other. — Fatat Acoments.—Corouer Hills held an inquest yester- ate of the law and possessed of large capital, but it was suddenly forced One of the leading authorities on commercial matters | tioning the proposals of the Senate in relation to the wind- | and officers of State were ajso arrayed in close proximity é political career and possessed of large eapital, bud 4 nas suddenly Soret | iocks forward to very extensive and permanent conse- | ing up the aifairs of such firms as have suspended and | tothe throne day, at No. 97Chariton street, upon the body of a child consclotons that had. taken place in “America which were | quences. resulting altogether to the advantage of the | may not be able to resume their paytents, The Queen wore a necklag and tiara of diamonds, a | four years old, named Margaret McCaughy, who died from quarter of | avtended with much greater distress than had occurred in ed States. In fact, if we accept its conclusions, the | “Now, although the renewal of obsolete laws that were | crimson robe of state embroMered with gold, andaskirt | 46 cocts of severe burns accidentally received om Sabur- tothe | this country and accompanied by a general suspension of | Crisis has inflicted an irreparable blow upon the mercan- | enacted during the fearful crisis which the community un- | of white and gold. ? slanted th a » | day, by ber clothes catching fire at the grate in her mo- TL nectoted he Care eee enone Moser "Denuistens Tatted, | tle pre-eminence of the old country. The suspension 0° | Gerwent in the year 1799 may have been wisely conceived | | Her Majesty taving graciously signified her pleasure | (25. Quartments at the above number. “Verdict, ect. An cod tothe state of | ac¥ have seid, on the 7th of November for upwards of | the Bank act, which was just announced by telegraphic | in favor of the general mass of creditors under present cir- | that the asseinblage should agai be seated, the Ushe. of | denial death,” ” State of suspension of | £2 000,000, About two days afterwards, 1 believe on the | %@vices wheu the Arabia sailed, is interpreted by the New | cumstances,and may preventmuch unjust preference being | the Biack Rod received the Queen's commands to summon | <A nauest was also heid by Coraner Hills, at Bellevue Le convertibility of a | siaet November. n large joint stock bank in Scotland | Y¢Xs Henarp into “a failurg of the whole monetary and | given to one creditor over another, yet nothing has been | to the roval presence the members of the House of Com | yo otal, upon the body of the woman Anne Ryan, who fh plone Lhe poor of | tated ihe Weetorn Buu, which hat numerous branches, | currency system of the British empire,” certain to produce | done to prevent an accumulation of failures, the number | mons, Tn afew minutes aferwards the Sy See ee eed iciiel ty a ale Saiee e eeebee enotes, Was unlimited in point | Within a day or two afterwards another large joiut stock | ‘‘ the most wide and lasting effects.” “ England,” adds | of which bad already been fearfully augmented, and con- | oficial robes, accompanied by Lord Palmerston and a com | ee crted in the hay phe g ogatnge § abject to the ion_of | bank--the Cily of Glasgow Bank—also failed. “Bhe joint | Cut colemporary, “will Lave to go through ‘the struggles | sequently the state of the public mind is extremely | siderable portion of the Lower Chamber, mr tee corsenne alone org te Ape Lh ru naud: and the power of «= | circulation of these banks was about £860,000, of which | attendant on a resumption of Specie payments,” | gloomy, no less than thirty additional bankrupt | pearance, Some little confusion ocearred 1 deaili.”” exauares a or of the wagon from all was also unliti biet to | aboot one-half was the certified circulation they were | % Drocess likely | to produce | effects, a& | Per. | cies having taken lace, among which are many Hush made hy te rearesontatives of the people to Dlune in the matier, Deccaso¢ was avout 51 years of sted in fi | authorized to make upon securities, and the remaining | "veut, though not so, immediately = ‘ing, oe firms of old standing. e fact, too, of many of the # aces at the ir lordehips’ bar, the dimensions of wh age, and was wnative of Ireianc e in reference Paif upon bullion. Their deposits were-about £9,000,000, | those of the panic.”” The struggle will also be | bankers and bill discounters having been compelled, |‘ fur too limiled to admit of a large gathering of commone lished, showing that it was bot their note circulation,” but the | ™M6re protracted and severe, because “England does not | in consequence of runs upon them, to suspend all further | on State occasions: but, crder having been restored, her The i possess the enormous resources that exist with us in our | payments, has caused a still greater excitement among ail | Majesty proceeded, amid soiemn silence, to deliver the ox dividend, ing long I bank note be Bank of of extant ng payabi Supreme Court—Special Term, Betore Hox. Judge Davies. xuitude of their other transactions and liabilities which “ d othe oduct f a : a 1. Any | led to thelr unfortunate failure. (Hear, hear.) Imay | Surplus crops of cotton, wheat aud other productions of | classes; and, go far has this deplorable state of things in- | following gracious = : Dc. 21.—the People and Charles Deplin ve. Danéel D. aud” wenton Wb regard wo the Western Bank of Booiand | OCF vast fields and varied climate.” In the end, the mer’ | creased, that on Thursday a plan was proposed by some of | av tonne att Greta eT RONE \ cstesee tei woe te rhstkes tee Inare te tov cote wided only. tha es | that there bad been no run at all upon it previous to its | Catile public of the States ar e prospect | the merchants and others on the Exchange, that anless the | My Torn: asp Gistir we. eounected with the | auswer U0 di Pst medi ptegdin dep nyse re, and chen its doors ingle | that “much of the superiority of England's commercial | Senate did something to re-establish public confidence, pole i baenashndy ‘or eran on teat system will pass away, and pass into the handsof younger | {hey should all of them suspend their payments ut ou ¥ lurse, thus showing that {t was not the discredit of the | MVals on this side of the Atlantic’’—among other reasons, | in preference to seeing houses absolutely forced to do so, because while the country itself does not possess the same | py dozens ata time, when a trifling monetary aid might which have induced me | down tor ar; auual time. ‘of distrust ag led me | PERSO Aw, ~ bank. That n 1819 to T8444. the date of ortant act oa the currency mereantile intevents of to cal! Parliament togeth: ‘The Suay morning. were paid in was the stat s Meh An exten’ ‘That se 1 sated te the » Was to be coB- | notes of the batk, but a failure to meet its large engage- | ('** 7 | iO Fee 19 the director j wwe sidered as a complement of the arst; he in ments of other descriptions which led to its unfortuate | )Vast resources. beth ccgheerpo byt have | have prevented the necessity. eae re oi ee ting | A DOPTION.—ANY REAPECTARLE PERSON WISAING that of 1. The first sign of pressure more immediately affecting | been prostrated by the storm, do not enjoy the “recupe- Tn the meanwhile the Prussian Mivister, Von der Heyde, | Which appeared allaying tbe p (@ adopt a fine he h | do so by addressing KM. ses in London, and aj ng nearer | T#tive energy” of their elastic rivals in America, to whom | and Prince Faterhazy, have beenfhiere, it'is said to consult | Xs thar course has ive 80 by sing K 3 | interview may be had pproaching ; = 7 i ‘ a crisis once in every half dozen years appears only a | with the Senate upon the best means for remedying the | a bili for indemnifying ¢ whe advised j ‘ a eceae Stan hack niaie matter of course, and who make no more ado about ® | present ‘aificulties, and to causo a speedy Feturn of mer- | adopt it, will be snvinited fo consideration. ae } on the 10th of imber. Such an event could not | ezeral bankruptcy than harlequin about a summersault. | cantile confidence; but anything beyond this is not known. | | {have observed wit ‘et that the disturbed stole ccur without exercising rious influence upon the Our Yankee contemporary, however, seems to be going There is sufficient money in this city to meet all | of commercial iranovetions ta general bas | | (Couibor other similar establishments in this city. The | Taber too fast. America we may admit possesses in ber | demands, even were they greater they are, Mail to be attended with mich local disiress; I | im the uct. | publication of the bank returns for the week ending | boundless territory and ‘varied climate’ certain re- | were public confidence on anything like a par with ai this evil may not be of long durrtion: | provisions was | Wednestay. the 4th of November, which showed acon- | Sources which England cannot boast. If the question | the means that private parties, audeven many mer- } | | ¥ bY the ntile . togeth from the lapsed eir to which some iets, which an acquaintance in this ¢' rable person emp! Ne, Herald o a t harvest with which it has graciously tic the Bank | giucrable reduction of the bank reserve, was a circum. | Came to oue of bare subsistence, the United States could | chants, might employ in the discount line; but.| pleased Divine Providence ty bless this tand wil). 1 hope. whlok teste upoc, | stamse erhich, combined Leather facte Thave men. | coubtiess find ample food for ‘their whole population, | nothing cau prevail upon these persons to afford any | Some degree mig re rings which tai co aint create unoaciness audalartn andeali | While the dwellers in our narrow confines must be put on | ‘aid in the face of the failures of such firms as are dail m ‘ i beh os Raw attention to the diininishing resources of the bahk. The | Sbortallowance. But we have not reached that point. | pearing in the list. Yesterday fourteen occurred, making | of my subjects in India have been exposed, and ¥ Slarm increased in London, and 1 think Teannot adduce a | Meanwhile, though we have no surplus crop of wheat or | now upwards of 100. In short, such 1s the effect of the | grieve for the extensive berenvements aud sorrow which it | in prosperity clearer or more compendious proof of the existence and | Cotton, Engiand nevertheless possesses a producing pow | present panic that it is with the greatest difficulty Prus- | has caused, Thisve derived the, arvates! satltact n from the | of the prem er, apd mapages to fabricate articles for which she finds | sian royal bavk notes, however small the amount, can be | distinguished successes which have atvended th For particuls stout two} sd to that poriiou of its t £475,000. Bank B_©. D*—FOR $4 YOU WILL HAVE AT LEAST building lot, and a chance in the distriution of ouild- ings. steam machi . Teli them that Potomac City te OF, only $46 wat sold tioned, could extent of thataarm than by referring to the in srease ofthe meee <n od | eat Goldatan a aa of Fi customers, aod from which she derives profits far out- | exchanged for silver, and then only by allowing 25 per | ous of the comparatively small forces whieh have pa Sea ee ae ek ot ree ta ioe Mrcat sight | fall ih extent the “resources” of the United States. | Cont diceount, “However, the boreditary burgosses arc | estas erely super numbers, Wise eu somewhat paradoxical to the committesto refer tothe | tis possible, again, that some of the great houses that | again assembled to receive the proposals of the Senate for | fhelr assistance. The arrival of those reiatorceme: ciyy, if he would be kind enoug to seud his address to , rease of bankers’ deposits inthe Bank of England asa | Dave fullen during the crisis jot _be so readily re- establishing a temporary State discount bank, with a capi- | trust, speedily complete the suppression of (lis wiiely | Jay street he would obli MY. ne other provisic : roof of alarm—(hear, hear)—Dut it must be borne io mind | sbilitated in Fugiand as they wold have been in Ame: | tal of 30,000,000 of marks banco, and to give their imme. | spread revolt. maployed against the muti | [TF J. B. BILLFN WILL. CALL AT THF STORE OF h Bagel: fe mae strlen 5 ; hcg nin rot | The gallantry of ops employed against 5 . Lt AT THE § 1 inte two de that the Bank of England is the bank in which the London | T'¢a- Partly from = gency diate sanction thereto. But the burghers are generally of 1 alate Ie, totlen, teak eaduirpnee under | aston, Gaus & On., 15 apd 8 Perry sizest, ke oan Teeetve “p their deposits, and therefore when | Partly from ational habitudes, the firm that has once | opinion that, as the mercantile community have beeu the | Peers helt course in geton, thei wi s a ; . failed to meet its engagements finds it difficalt, and some- | main td erscabaet thie hlea ian enon thacenalven Or ; se bbe ott suddenly and extensively it is h cause ringing the ul on selves by i on of the o! s; the aoilit: ri that they. ace gusteing ‘themselves agacoat a | mes impossible, to recover its forfeited credit. On she | over speculation, they must do the best they cau to get | Eneryy of mecommander. bave c cepartment : dotuer bankers k | the ioney sent from home §.—TELL THEK TO DIRECT TO SWAN 4 00, av gasta, Georgia. ‘ands y from | Other side of the Atlantic there is little difficulty in the | themselves out of the mess, and have no right to cali uj ration: and { have observed with thelr caste bel en anes Pag Ay et ae say, | Waiter. All past trapsactions seem “‘ painted out”’ by the the freeholders to pay their losses. - n' | Grisewe plored ts oxieeee aims Lourding their resources. The increase of bankers’ deposits | SY™ mary process of be iy oe and the whitewashed Fors o'Crock P.M. pgste Mahon as i ‘OTICE.—A LETTER ADDRES vethe Hack of Eugland is, therelore, @ Fecoguized test of | trader resumes business with¢reditabsolutely unimpaired. | Anotherfailure bas just been announcedas having taken | ‘bes thal would do hone mass of the | 2 Nee St UGrg, Med, Freebola, New Jersey. conta with regard ‘Act of | the existence of algrm. iu the week from November 4 to | The New Yorx Henatp may call this *recuperativeener- | place this day—Messrs. Watty & Ca. , the bankers and bill ulation in India have takes 0. rebellion, | peng piech in the catue of ihe aid Vredeuware, 98 Der ted this important p {prohibited any | November 12 these deposits inzreased by no less than | #¥;" and it really possesses quite as near a resemb! discounters. It is, however, supposed to be only tempo-"] while the most considerable of the alive pri ave acted | a ure, fy bee seers 4 might after the passing of that act be estab: 70,000. But there was another decisive proof of the ex. | ‘© the sound and stable enterprise by which British mer- | rary. in the most friendiy manner, aud have renderet Important | fy pp liestion will be 15 Eegland from issuing bavk notes. 1 United, | isténee of alarm iv this ity—namely, the general cengation Pewee salen Gumeny Go oypetenind {Hamburg (Dec. 6) correspondence of Loudon Times. | FREE. isan directions that papers relating to these matters | ace g the company for th Me for > tasues * s to the amount | o seo 2 exce} > gar! does ot , Whiel d y wane ® ba nce of the note issues of (he exisiing Danks to the amount | of all discounting except by the Bank of England. Al honesty. ‘On’ the whole, however, we are inclined siaieelly ot Daneman » Mader ii Oe orn Ale of the | Sall be laid before you. | New Toux, et. 12, 1967 b was then in circulation. It contained no provision | time it was scarcely possible to obtain an advance, even MMi si Indian dominions will reont ne thew: to iene notes on seeurisce, Dor dad. Kal, | upon bills wich were undoubtedly good, either trot vil, | © prefer the slower and safer operations employed to re- | Senate fur relieving the commercial crisis by the creation | serious cousiderations aud 1 recomuncut tiem “0 90° them to exceed the fixed limit by’ issuing notes | Urekers or bankere: their operations were for the moment | vid the damaged edifices of British commerce to the | of anew bank. Another sitting will be held to-morrow. | attention. bullion. ‘Therefore, under the Act of 1844, | universally suspended, and the Bank of England was the | T#Pidly “recuperative” processes by which our transat- | ‘The majority proposed a forced circulation of notes for a | | The m re 4 Bie : i ; lantic rivals reconstruct their mercantile houses of cards. | [imited pera. Of peace, which notbing seems Uikeiy to distarh tion of the English country banks is this :—No | only establisument im London at which discounts could |! ; ile of ed period. : ce, which nothing seems Ukeiy to distur? nd the | take place. ‘Thai circumstance may be referred to as a | Fveu if certain well knows firms may “‘pass away,” there {Prom the London Shipping Gazette, Dee. 3.) Bhabot Persia have peu fuiiht i | tolerably conclusive prov! of the general prevalence of | '® Bo reason to believe that the cummerce they wei Tn those who are acquainted with the trading relations | nq the Persian forces have evae i. Tmay mention that at that time a single dyscount- | Went to conduct will emigrate to the United States, as the | of the States on both sides of the Atlantic. the commer: | Gratunwen oF tHE Hovs: oF CoMMoNs— | ‘ig house paid in one day £800,000—-£700,000 to deposi- | New York Hinatp so complacently supposes. | The busi- | cial crisis at Hamburg and Altona will create neither | Thave given directions that the estimates for the next year ‘and £100.00 to dscounters—a sum, Dapprehend, | Bess Femais—or so much of it as our enlarged experi | surprise nor dismay. Hamburg having the largest con. | shall be Prepared for the purpose of being laid before you, Fea eee eee ay kind Tail | eee of American solvency will allow us to cousider sound | ‘hexion of any Eurcpean port with the Cnited States, was | They will be framed with s careful regard to the exigeneienot | ; te —though in other hands. © The time is not yet come when | certain sooner or later to feel the recoil of the pressure in | ye public ser Thy RETURN AT ONCE TO HIS ends un RE NTS Ro URE for all, let me tell vou, that Gin the ‘most potent remo: tingencies to which the feeble se pectic in all the ditheult | liar orgunization, v bie druggist in Wax WAKEFIELD, FORMERLY QUARTER. ty's Se iohs of Rurope are in theenjoyment of the blessings » execution, of Herat epee then posse.sed. In the following year was passed an act I of any rechests respect to Scotiand and Ireland, which was in part of the sar isting banks D issues, f the committee to the state of the | ke “ ; OKDS AND GFRTLEMPS 4 UAR ae ca y banks of En: It did | ba day before the recent government letter was er ret von Jrememerrarg pongo adr pg bao The Be gees os a oy = Ld long - ‘Your attention will be called to the laws which regulate A RR AR Sree ate ceeee " ome issues: ne ot by /. ued si yp we " < . announce within the po few days is s ation of i iT ri be vi ty “ jure tht those issues should be guarded by secur: ed, and to ite state on the day previous to the issue of failures pa q the | representaiion of the peuple in Farilament e Went lite verte ba | hal€ pay of the inst wo Frederic % office. B: be given to aay pace wertiser. , ; . : f ber rivals, direct and inevitable consequence. Hamburg is, as we imilar letter in 1847, and I think the committee will see | “WPT e stastrophe were to arise from the present | {race and ine jor Poormin pr eee S| eae risis in mercantile affairs, the result would, indeed, give | port of shipment for that vast tract of country watered by Measures will be submitted for your consideration for sim aw blow pI z 7 plifying and amending the jaws relating to real propery tau amount of paper which is limited under the act. in | favorable than its position in 1847. The inference to which ce Ae Bee Laban Rapa y mee eae eek Se Ete. (aie a alone of Hamburg amount to | nd'ateo for consolidating and amendiig several important | e " puld, 5 £20,000,000 annually, addition to which the banks ea certain portion against | | wish to lead the committee is that, if the government : ni the greater portion of those | branches of the criminal law soverciges.” The committse Ought to bear t sued ihe | wore justihes by toe opinion of Parllament-of the public, f¢m their own wrong. Our commercial difficulties ori- | exports goes to the United States. When we hear, there T confidently com result of this compound system upon the circu. | and ¢ in seuing the letter iu 1847, then {A"aled inthe collapse of credit and tearcity 4 money in | fore, that twelve firms have suspended in a single day. dT exists at the present m On the 1th of | a fortiont t {this Fear in issuing a similar America. _ The Bank of England was drained by demands | representing many millions of marks banco. we can only stthe potes of the Bank of atement of the position of the from the States, or from firms at home who were deeply | hope that the extent of the mischief at least is known, 1 bene“etally ed them to make issues in excess of their certified « lation against @ deposit of | that, with regard to every point indicative of the strength bullion. Tuereforedn Ireland and Scotland there is a cer- | of its resources, the position of the bank in 1857 was icss kind, but it aut nd im the hands | letter. The following is a Pines and prosperity of my 09 « Beal ) £19,752,045. At the same date ank of Engiand in Octob implicated in transactions with that country. The large | and that a few days will bring us better tidings. But we ‘ cee & oS — ‘con, i See a er ee eee “Thouses,” over whose fall the Naw You Huan exults | tamnet wonder at events which since te frst uttaene:| einen or bam te dens te een eae den ee | +o much, failed simply because their American debtors | of the monetary disturbance in America, could have been | guished, !oving been concluded, Her Majgsiy rose. and, | $3 REWARD.—LOST, A OW AND anke wae refused to pay up. This was the direct cause in which | predicted—were predicted—with positive certainty. giving her hand to the Prince Ccnsort, tmmosintely 2D white coarse haired Scotch ty rt about aia ab nes amet dhe mercantile embarrassment began. That embarrass: | "I ie'to be feared that, severe as the conseqtiences of | fhe House. The entire coremony, after the at! | mouths i: answers to the name o! Fanny. "The abore re 7 erve ot COlL..... ment is still, unfortunately, continuing, from @ cause | the American revulsion must be, they have not to.be en | geyoreign, did not last more than a quarter of an hour. | “ATA NS Lar rt end oy em Se gE 4 which indirectly can be traced to the same source. The | countered alone. The failure of the house of Uliberg & | "The brilliant uesembinge then dispersed, and the sitting gp Privat BoCurities,.e,..--- -- 19,467,000 26,113,009 | /i7=t English firms that fell into digiculties were connected | Kramer, largely connected with the trade of Sweden aud | of the House was suspended till five o'clock. rawu ‘by Herman Therefore 1 think the committee will’ see that whatever | With the American Cade, _ ae ee rie caut | Norway, suggests the strong probability that an extensive | qTheir lordships reassembied at five o'clock’ but, the hs : | were the rrounds for the interference of the government | are connected with Hamburg and the tic ports, | speculative trade has been carried on with those couu- | number of peers who were present at that hour was’ un n of ore a degree of distress has been occasioned even | tric: £38,000,000. s etnetly cove tauk of Rng! ; suspicion which ts further confirmed by the sus- | usually limited. After the lapes of some minutes, Hari | ban in England itself by the suspension of remit- | pension of several important firms st Aitoua, ‘The latter | Graeiiie the Dake or ieayt, tes Marquis of Landowne, tarces and general repudiation of debts m the United States. | town, which is situated in Ho'stein, at the junction of that | the Rar! of Carlisle, Eari Gray, and the Duke of Neweas: We cannot believe that the community whose reokless dealing | Yuchy with the territory of the republic of Hamburg. | tie—who, in conecquence of his reoent accident, earried n IS47, the gro’ ¢ still stronger in the present year. There is another most material point of difference tween the two eases, which perhaps even still more fies the interference of the government in the present b- . a sn In 1847 the turning point had been reached before has occasioned the calamity shoei te the first t make @ | possesses numerous cotton and other factories, and, what a sling—entered and took their agats upon th Ss, REWARD.—LOsT, 21ST INST., A GOLD WATe of the letteresthe state of things had begun to | 270M! oul of the general misfortune 18 of still greater consequence, is counected by rail side of the House, while the opposite benches | #* d douple te with likeness of @ baby on one Teieirue that th ter, In the FINANCIAL, PROSPRCTS OF FRANCK: With Kiel. ‘Its position, therefore, as & port of entry | were occupied by the Rarl of Derby, the Parl of Malte. | fy par. 08 tie other. By leaving them a8 110 oF Ls Opinion of competent jndges process; but {From The Journal des Actunnaires (Paris), Dec. 7.) for American produce ‘destined for the Baltic, would, | pury, Lord Redesdale, the Karl of Winchelsoa, tho Bar! of ove reward and the thanks of & widowed mother i, Dot Feprese | the improvement had already mauifested itself, and the * (oie: * + * ‘ no doubt, be of considerable importance, and. will Hardwicke, and other peers. eae een me worst i fore it was issued. After stating Yor our part we must again congratulate ourselyes | count for ite participation in the pressure which bas Baron Macaulay, introduced by Lord Campbell aud Lord IN MONDAY, 2187 TNSTANT,* an omnibus on Broadway, be mal! f temonnair Isand change. The 0 T. Hill & Co., 15 the erounds upon which he proposed to move for the re- | on seeing that our country, up tothe present time, has | Visited its neighb The intelligence, however, that | Poelper, appeared and took the oaths appontment of the select committee of last session, he | been vo slightly affected by the disasters in America, | Hamburg and Altona are mixed up with the chief ports of In the House of Lords on the 7th instant, during the de. (the Chancellor) entered into details ‘to show that the | Fugland and Cermany. It may be now predicted with | Sweden and Norway in an import trade of unprecedented | hate oa the India Arms act, Lord Grey observed—Is it foliey of the ace of 1844 and 1845 had been | certainty that France will go through this severe trial | Magnitude, opens a new chapter in the narrative of the | quite impossible that there may bo Europeans so guilty ny catastrophe. We have not a single failure to | commercial erisi« of 1867, which we cannot bat regard | and go deserving of the severest condenmation that may 6 perfectly successful, and that our paper cur. | with —— a the importance of | rency was in a und condition. Panies, he | mention, abd the Istof December bas passed off with re- | With interest and concern. The currency of Hamburg is | be heaped on them as to be parties to supplying the na. 4 T, ON WEDNESDAY. ABOUTS that centr remarked, might happen, as at Hamburg, if our cireala- | rmarkable facility as regards the payment of bills due at | 8 purely metaltie one—a fact on which may rest their | tives in rebellion against them with arms’ (Lear, hear.) song, & Twen vant of the provines tion were purely metallic: and in such erisis, any limit to | that period. ‘The firmuess of our situation is proved by | bopes of the speedy release of the commerce of that city | Have we never heard that some of the subjects of a State | Ayscr saints Fee! imtrodueed the measureof 1844, he stated | the paper eirenintion must create alarm. Atsuch amo- | the reduction in the rate of discount by the Bank of | from the existing difficulties. itis streage that, notwith- | which was trembling for its existence were base enough ving the the main objects which be had in yiew ment there must be # powerful relaxation, and it would | France. Far from that measure having alfected the me- | Standing the panic and the séverity of the money | to seli arms toits enemics? (Hear, hear.) Has that not ty aginst the excessive issu ben question for the select committee, among others, . the etock of specie bas increased during the domes the exchange, ar between London and | happeved in the United States and Holland? Hag it not ard against the recurremce fr wh ther it was preferable to leave that power in case of s positively stated that the bank has not | Hamburg, was, up to yesterr in favor of | happened even in our own country? (Hear, heal mmercial panics under which y emergency, in the executive government, to be exercised 6,000,000, and there is every reason to be- | the jatter place. Notwithstanding all the failures, In both houses of Parliament on Monday, the 7th inst, ! previously to 1844. At the | o» Weir responsibility to Parliament, or to adopt the con- | lieve that the next return will present favorable results. | i the discredit and commercial confusion to which | 9 royal message was received from the Queen recom. Lhe did not propound his measure ¢/osion of the Lords’ committee, that such power should | The general reduction im the rate of discount is | Hamburg js at this moment a prey, gold is dearer here | mending the bestowal of a pension of £1,000 a year upon allible guard against such panics, | 46 engrafted upon the act. nly a question of time, and when it becomes | than itis there. Discounts in a general way by the Ham- | General !avelock, as a signal mark of fayor and appro said that the issue of bank paper was only ove | Jord J. Rusatt said be was in the singnlar position of pi@} it will inevitably’ produce a considerable | burg banks are, we are told, out of the question, but the | bation for h'+ brilliant services in India. and he recoguized the fact that commer- | peing satistied with what had been done by the govern- in business, In order to be convinced of this | Senate has consented to authorize the issue of notes of It was voted next day by both houses. * cht ar t from causes srhich did mot lie tent, with the act of 1844, ane with the proposal to re- | \( is only necessary to call to mind that, but for the finan. | Credit to the extent of one million upon the security of | In the House of Lorde on the eame evening, Lord Futey- | — 5() REWARD.—LOsT, ATOR IN THRY OU the Academy of Music, 8 gentleman'ssmail diamond br a yh’ the corner #4 Dey / appoint the committee of last session, But the man- | ca! thundcrelay which suddenly burst inthe United States, | Produce. This is the only relief which has been afforded | poroven brought forward his movement for information HE 1 SEASON sis of that year, when it became requisite Pim which the motion for a bill of indemnity came be- | the year 1857 would have been one oi the most prosperous | © the distressed merchants of Hamburg, although the | jn regard to the Arms act, and the restriction placed upon ern ae SEA, rument to authorize the bank, if the necessity | fir. che House raised the questions, whether, the act of | that could have been hoped for. France, thanks to the | Sate there has the power at any moment of authorizing | the press in India, and after some debate, in which Karl FERRY CHRISTMAS SOIREE.—THE ty exowed the lunite fixed by the act of 1844, | 1:4 havipg been twice suspended, could be, or ought to | abundant barvest whieh she bas bad, will have nothing to | ® unlimited paper issue; bot so far, at least, they have | Granville defended the government of India from the at nual soiree of the first compapy tio tues discussion which arose, delivered bis | bo maintained; if so, if would |t not require extensive abroad, bul, on the contrary, will from the surplus | WN 4 determination not to interfere beyond granting | tacks of Lord Ellenborongh, the motion was agreed to. Will take place at the City Assem! 0 Thursday eve ms red ther | "In the House of Commons Mr. Lanocewmnr announced | 0s, Dee. 24. Tickets one dollar, We. GAYTE, Chalroaan, ¥ on the subject than he had previously | iterations, and ought the suspending power to be | of exports have considerable sums to receive. The price | the permission to which we have done, and be gave a delinition, corrected by experience, | vested in the crown oF the Bark of England? In | of articles of food ia every day declining. All thes ele- | they tuay be induced to relax this resolve oF to leave the | that the government had determmed to give a fair trial Oe ee ees Re Of his Own views as to the objects of the act of 1864, | the discussion the national currency bad been erro. | ments of prosperity only wait for the restoration of steadi- to the scheme for procuring guano from the Kooria Mooria = which, as i containg an authentic exposition of bis opin’ | neously confounded with commercial crodit. He believed | ness in other states to develepe themselves, and produce ie can only relieve those who aro overwhelmed |- Islands, aud had sent ship of war there for the purpose, | J THE LECTURE SEASON. as jons, I trust the committer will permit me to read. Sir | tat the former had been preserved by the act of 1844: | their natural consequences. We ahould, even at present, coltapwe by accepting Ue Liabilities of euch per- | "tyed’ Pauatencos,. pon further ieformaton, modilie AST PREE LECTURE —DR, ROBERT HUNTER Wilkie R. Peel, upon the 3d of December, 1547, said:— but commercial credit would run ite course, and all that | look forward to a serious improvement, if the ordinary | S608. and we can hardly suppose that it ts the duty of any | his state that the two .oglish engineers imprisoned ‘Geliver the last lecture of the course on mamption, ohn larh inet the bill of 1544 had a triple olvect. Tiers: | Parliament could do Was to prevent ite damaging the ua- | embarrasements at the end of the year ware not super | gOVerning power to incur, under any circumstances, 60 | at Naples Md uothing to complain of in their treatment, ‘evening, Dee. 2, at Tg P. M.. at Muyvesant inguute, neimpuon by auded to the bad news from abroad. “This state of things | &reve a responsibility. by statins that such was the case now, but that when | 690 Rroadway. Snbject—" The Treatment of ¢ currercy, which he believed had suffered no depre T2 ‘theae tere chhette wy belief ia thet the blll haa complesiy ue did not think Fequired extensive alteration, and he ied. My belief is that you have had» uranter forthe thought that the reappointment of the committee of Inst Sesniou Wae exactly the manner in which the government ought (o deal with this question. The great object of the ct of 1844 was (> preserve the conve: tibility of the na tional currency, at the same time to give help in time of and the act having fulfilied those objects since abt to be maintained. Although the art wor ive than itappeared, he doubted the neves. ofa chaop: in the limit. It, however, it was mate clear to the #elcet committee that thero oughtto be a al, seTErS an b neeparable from it e ». In his opinion, the act of the government had | calls for great reserve on the part of speculators, and a they were first imprisoned their treatment was most dis- | Direct Medication. The public and profession are inviled to at inant equal importance— ved the genera! interests of the country from grent | degree of prudence which itis important not to depart ‘The British Partinment, Zefa’ He said’ that ag the men were accured of vio. | utend. Admittance free. od guarantee the go | of the pon gals casters, and with Mr. Glyn he hoped never to sce a | from. OPENING OF THE SESSION—SCENES IN THE HOUSE ing Neapolitan law they would have to undergo a pub rency into gold, the otber to prevent the dificulties which er of th wuutry so .ofataated wich a principle, ie je (Dec. 7) Correspondence of the London Times.) OF LORDS—QUBEN VICTORIA’? SPRECH. lie trial, for which the means of defence would be afforded | __ cons Ave! Lt, Pring Dall Sime trom undue speculation being aggravated | sound m itself, as to refuse to relax the act of 1844. That jotwithetand ng many favorable Appearances, trade in (From the London/Times, Dee. 4.) theni. GHOAT-AT W. HALL & SONS, SO BROADWAY — ome baer Parte far from being. in & satisfactory state, while the | _ The Imperni Parliament was opened today by her | The Bank of England Indemnity bill was debated and | AA Price woceats, pions : uumber of workmen thrown oot of work at Lyons and { Majesty in person. Several circumstances contributed to | read a second time Sean saat i eleewhere shows that te the provinces matters are not { invert thie ceremonial with unusual interest and signif. In tho House, a resolution was offered ‘that the wnli- F maiatenance of the prine!ple of convert never had befor f miso is that wh much better, The progressive dit (ution of commercial | cance. It \s no common occurrence for two sessions of | mited liability Of shareholders in joint stock banks gives bills oflerea for discount at the Bauk of France would | the Legislature to be vegan and ended, and athird inaugy | rive to a epecies of credit injurious wo the interests ot the | May ie seen ai, the. show that ereditie becoming more difficalt. The decline | rated, within the brie’ space of ten months; and, indeed, | public, and that the present law enforcing the adoption of | $2 % Bulldlng, Eran a eeeeeeeeeeteeneeneeenete in commercial transactions in the departments woald ap- | sn autumn session is always an exceptional ovent, which | this principle requires alteration.” Aster some debate RES ARRIVAL, OF STERHOSCOPIC PIchURRA— pear Crom (ve falling of im the receipta of the railway | takes places only when “ weighty and urgent alluira’ in which overmment wed the resolution, as being of ‘The ent i the Landon Sterevscopie Company baa just companies, Bet it is from the stagnatian of the retail | vecessitate a deviation from the ordinary practice. The | too positive a nature, the motion wae wed. ion toun pty RR gece trade that we may judge of the unsatiefactory condition | laet occasion upon which our legislators were convoked © Bank Indomnity bill was ordered in committee to | from epe wil he. fmm invaluable wes cbrie eae oe New of trade in genet In shops where, not long since, the | thue early to aid the soveroign by their counsel, was in | be reported without amendment, aad to be read athird | Ye if. J.JOUSSANS, gent, at W. IHALL & SONS, No. 29 December, 1854, when the oxigencies of the late war | time on the 9th inst. pes : n Tust was Sir Robert become awnre of t tefin.tion of the act after he had vepts of 1847, I muy also call at tention ta the remarks (hat my rig'it honor ©. Wood) nheld the offee which T now change, it shouk! be effected by act of Parliament. receipt were some thousand frangs a day, a¢ many - ay hold, mas Mr. thexasts complatued of the vague declamation in | dreds aro not now received. The Gnancial crisis ia not | callet for the passing of the memorable Foreign Enlie\- The London Poet understands that if the debate on the jit, PAINTINGR ION LEVIGON, WILL ERTL AP Howe 7 woh epakers bad indulged while diccuseing thie question. | eo creat im France as cleewhore, owing to the extreme | ment bill, The state necessity, which now makes it neei- | Rank Charter Committee stouid not be adjourned, there Auetion, this evening, at the American Ari Gallery, o!5 sidered as The immense disasters of the present time originated, he | prucence with which commercial men have Jone business | ful to anticipate the usual period for reassembling Parlia- Broadway, 100 fine oil paintings, in rich gilt frames, by the A sbecr ved, not from the mismanageroont of the currency, ince 1948, and eovfidence, once so tadey shaken, | ment. is one of a wholly different charact: hen, at mos! talented artists. Comprising fie land-cape, fruit, b the stability of political institutions, with diff- | the close of Augnat last, the sittings of both Chambers historical subjects, &e.. ke, Comm O'eldek. but of the —_ of the country. The act of 1846 was passed to re: the currency and establich the conver. euity returns. Hitherto we merchants aud trades. | were suspended in the midst of @ crisis with | beyond that before the House, When Parliament ad SSS tibil ty of the bank’s notes; yet it hal been eo framed that | mon of tte have met th: ir engagements generally with bere 4 tad swords of f a an ge | journed, it would be till the period a@which it usually RESTAURANTS, t lorced those who regulated tbe currency to aggravate | punctuality, some anziety, however, is felt forthe Ista | better fitted to cope than the cloquence moots, aamenrrerrars et neeeeneerend tistrose and dietroat by applying to tbe domestis trades! of th moni, wich the mmercial bills payable | (.t. Benators, “M ‘whe foreseen that” the course — et oe I the reatment applied to the foreign trate. although’ | at the Haok of France ore unusually heavy. Tho merean vont might possibly call for the holding of an ante Spain and Mexico, . Connolsacirs of Rood tmaitince.particniarly requacted tehonld have been exactly opposite. He admired the | tile clarees invested their prot the Inst three imae session, But the prewie form in which the ‘The Paris correspondent of the London Jort says the eon deck, at ALBERTS Sls'es, 152 Chetry street, nene object of the act, the secaring the convertibility of the | prosperous years in ic securities. They have now oney has now aren probably then eluded the pre- | difficulties between Spain and Mexico were agrin assum- eet. p ate teuk paper, and he would pass ever one cris en the | ‘hese mvestments to fail back on, and this will, in @ great of the most gifted political seer. The rapid pro- | ing a more pacific aspoct, i eee ‘think that t satis’ y thc mnmitte pre visions of the law were snapended by a wire indul- | rreasare, acount for the decline in the price of public se rere made im the suppression of the indian muting was Paris correspondent of the London Times says — SPOR’ % es the sathors of the 44 did not contenp: it ence: but it became the House to consider whether it urities at the Paris Bourse While other branches of in epolling the anxiety felt in some quarters for tue speedy ~ Lord Howden would leave that ciy on the 10th 1st. for | panne pp nmrre nnn would eanetion a ehronie tuterference, and confide | dustry ore dil, the manwfacture of beetroot sugar in the | onvecotion of the Laegisiatrre, when a sudden aud | Madrid, with hopes of br: Mexican question toa ANARIRS FOR SALE.—A LOT OF IMPORTED the dispensing power to the discretion of a minister, ih of France is progressing. There were but 129 manu unlooked for commercial panic, followed by the su: ety of Cause upon which no leg lation y Betooen the 7th of September and the 12h of No. bo begisletion ¢ 1 to the curreury, could uperate. 1 wenver (the date of the letter) eighty-five firms of the peculiar crisis of 1847. It bo ineonsiderable importance bad fallen, theif lisbilities actor | point of negotia ee 61 peace 2 jF8 long breed cauarien, and 4 Jot of (term singing iy ipa f it a factor three months since: there are now U1. | of the Bank Charter act, rendered an immediate appea! to ‘The same letter ays that the anticipation Faw gee | =) , tA fy ae eanea, Sonar Waele day Theeorn markets throughout Frence lave been pisntifally -ollective wisdom of the nation’ imperatively never | the approucting dissolution of the Spanish Dloek from Caunl st, up ataire, baek room. supplied during the last Week, and the price of wheat has “a likely to be fulfiiled, - fallen If. the hectolitre. The best wheat hae been offered he ceremony was performed amid much pomp and bt honorable fricnd in moving | smonuting to £42,000,000, and neatly all those firms fell NEWSP, ms. for a comm itee on the ‘ having been eansed by — betore the letter was written. If the law was to be left_| in the Paris market at 28f. and 297. the 120 kilogrammes; | eplendor. The day being beautifully fine for the season, Markets n - nnn oe PARP —— the absorption of availat ital n thie state the House should seriously consider whother aw! inferior samples at 25f and 26f. vast concourse collected in Parliament street and around RICHARDSON, SPENCE AND CO.'8 CIRCULAR. PF. MEAGHRIS IRISH NEWS.—1IS RECOLLEC. corm and the const’ uct..o wey flour market on Satu the factors | the principal eutrances of the New Palace, eager to catch Livenroor, Dec. $, 18 ¢ tons cesumed.--A groat Christmas number —cChriatmas Prison, aleo # Pecollection of the Honse snd Membora fower so great aud 80 totally alien to the gonstitution | Uy country should be left to the arbitrary discretion of a wsouEd baie of Coton ature ee of the roy red within | a gli) declared 4 pane ft. The populare tined the | Since Fritay a better feeling tine prevailed in, the he cu Yy : saainad . ty f Partiament: Irish Songs aud Mr, Charles Mackay, Chriat- nal Causes—from ar nan minister, “De was for supporting the spirit of the actot | thirty dw: i prices varying from 45f. to 63f. 0c. the | way in dense marser from an early hour, the coures being | moncy market, and the continental difficuites appear to | ™ Uarhament, tren Ae Bot nd traoreinary amount and had no comne’ | 1844 00 fur an regnrded the cosvertivility of Ube motes of | rack of 167 kilogrammes..." = Kept clear for the cortige by a detachment of ie tile | have reached their beipht. 1 | Mest news from iy Rieatnbaas Adal the Maen Meet gn; it the cave Which w ow cone © yank, Wut, believing that ite enactmenta, by treating Accounts from Marseilles state that last week was re- | Guards. The constant stream of splondia equips ges con In breadstnifs tere has been little business done, and | __ ——. ————elee erp trade. ia i887 Saae markable for a conturaed fall ia ai, kinas of gram, and | veying poors and peererses to the soene of wetion diverted | At Mark Lane yesterday wheat destined 2s. to is. ier HOTELS. * 4 yr ports narviculerly i African wheat. Taganrog wheat is quoted | the attention of she moititude until the obief actors iu the | quarter on Kuglish and Is. to 2s. on foreign The rope ee, ; ation Hy oat the 190 kil aoe main from lalate at 22F; | august ceremonin’ mo their Series a th Ma pT markets, telegraphed to-day »how a similar T NION DiACE HOPEL--OF UNTON SQUARN, COR vom Od f. 600. the 110 kilogrammes; bark ety and the Prince Consort were recoived with livel ction. ft ourieenth street.—Tho subseriber having Fe lena fram the Levant ot ise the 109 Kilegre nme mepun slik Menvonetrations of loyalty. 4 At our market bay! there was a fair attendances of mil oy Ri Span, reepecttalty return thei (0 ie beg again falien -( Lyons from 7f to (i. the kiloeramme ihe interior of the House of Lords presented a specta: | lurs avd dealers, but they showed littie die posttion to br sag MA liberal patronage he haa received houre has recently ty fur: aahucan tere Cag ed a tw 62f, record: | ole of eurpasaing brilliancy. The royal goltery and its | and the wales made were very small, at irrery pos ag pl tifa poise oe Fe nig to 4 ore lax been al Froday eof business | corridors wore thronged with the loss priviieged spec rates —_ the turn lower tian on F | Hes ean be mecommniaten With wulte of transacted at the wine market of Porey, with a sight ro- | tore of both sexes, whom tie upper chamber would not | Flour—Fxoeedii gly slow and nesictod, at a re | towuis Ie Prensicat boarders $4 var irrents 08 torman duction i prices, Macow wine of Ye lasl vintage la quoted |! gullce to accommodate n tue prener the domestic and the foreign trade in tue same manuer, the urgewry of the cominersial | argravated distress and distrust, the act, in his opinion, sion tow ue aletter to thedirectors | should be altered in that respect.’ He would aout to the uthoriz © them im certain eont ngencies te | Bil) of Indemnity, but he thought minictors took an erre exceed the limits fixed by the ae. The on { isauity’ | neous Course in recommending the reappointment of the that letter wae © i te of select committee, ant if thy ancelilor of the Exchequer commercial ciacees whi would defer hie motion for the a iutment of the com Oho debved w Le to yp h mitioe unell Friday he (Mr. Disrae')) would move oe aa eeb the posic in 184, wae diferent from | amendment that it is expedient to legisiate on the subject al of the patiy i Ue your, jos de object aumed at by wilagut Curter inquiry. f . Through (hia Gag apartanent tng ' Cuesion of Gd. WO da Per barrel Ludiaa oyu it

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