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    970 THE LEADIB, fNo. 342, Satukpat,

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    MISGELLANEOUS, Tflie Coubt.—The Queen, P...

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  • Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.

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    State Of Trade. The Accounts From The Ma...

    the passenger * traffic from England , bat also from the Uttdted States , as well as by obtaining postal allowances from both Countries . The line will also possess the advantage of being- of incalculable importance to New-Zealand It is calculated that the entire voyage could be -performed in 55 days , and' the constant experience of the way in which the Australian arrivals vid the Cape have been anticipated by letters brought by transient sailing vessels to Peru , and thence transmitted across the Isthmus , tends to warrant this conclusion .. The capital necessary is 400 , 000 ? ., and this is suggested to be raised partly by an issue of new shares of 202 . each , and . partly on debenture- The departures would be monthly , arid would be fixed between , the times of the Suez line , so as to secure a fortnightly communication . —Idem *

    The firm of T . and E . G . Gray and Co-, colonial brokers , chiefly in the rice trade , has failed , and the estate will probably go . into bankruptcy . The total liabilities are said only to amount to 28 , 0007 ., and the dividend expected is -10 s . in the pound . A meeting of the depositors in the Royal British Bank took place on Monday evening ia St . Martin ' s Hall , Long Acre , for the purpose of receiving a report prepared by the xomtnittee which had been previously appointed . Mr . James "Wyld , the mapseller of Charing Cross , presided , and read the report , which complained of the delay in . winding up the affairs of the bank caused by- the shareholders / Mr . Harding , the interim manager , had stated to Mr . Wyld that he intended to conduct the affairs of the bank without reference to the interests of

    the shareholders . He also said that he had issued forms for the proof of the debts of the depositors ; that he intended himself to carry tie proofs before the judge , and thus save the estate the expense of an attorney ; that ' ¦ with all despatch he could not declare a dividend before the end of the yeaT ; that , with the information at that time before him , lie could not declare a dividend of more than 5 s . in the pound at the end of -the year 1856 ; that hi 8 impression was that the whole affairs of the bank , under the ordinary course , could not be wound up under two years ; but that he was prepared io obtain advances on ihe securities of the bank , and that , if the depositors would accept a composition of 15 s . in the pouad , he would pay a dividend of 5 s . in the pound in

    the month of December , 1856 , and issue promissory notes under the authority of the Court of Chancery for the payment of 5 s . in the pound at the end of sis months , and 5 s . in the pound at the end of twelve months . " The committee are of opinion that the depositors should bo represented equally with the shareholders before the Vice-Chancellor . Mr . "Wyld , after reading the report , proceeded to remark that , although five weeks had elapsed since the stoppage of the bank , no steps had been taken "by the shareholders to liquidate their claims . " He had no doubt the shareholders imagined they would ¦ w ear the depositors out by the proceedings in Chancery ; but such , he trusted , would not be the case . He had received several letters from persons who stated that

    many of tho shareholders were about to quit England , and would not pay any thing ¦ unless the depositors consented to receive a compromise . Before they accepted a compromise , it was their duty to look to the assets of the bank . And how did they stand ? Mr . Coleman stated that the assets amounted to 288 , OO 0 J . as against 539 , 031 / . liabilities . The last call of 50 / . per share which the lank mado before it broke would realize the sum of 64 , 870 ? ., which , added to tho other sum , would fiivo the assets at 476 , 44 : 07 ., which , by making a call of 807 . per shore , would pay all demands in full . " Mr .

    Coleman ,-who was present , confirmed these statements ; and , after some discussion , in the course of which great excitement -was caused by a Mr . Maxwell , wko spoke in auch violent language of the manager of tho bank that the Chairman checked him , and who stated he had offered an eminent firm of solicitors 2007 . to bring tho directors to > the bar of tho Old Bailey , a motion ia favour of appointing Mr . Coleman official manager was carried by a large majority ( though not without considerable uproar , and an amendment in favour of Mr . Chatteria , which was lost ) , and the meeting separated .

    A letter , of which the Mlowing is a copy , appeared in all the Glasgow newspapers of Saturday ;/—" Sir , — Finding that during my absence injurious and unfounded charges have been made against me with reference to the Royal British Bank , I have now only time briefly to say that I -will soon and fully refute those charges . I wa 3 neither the projector nor founder of that bank . I was , it is true , deluded into the imprudence of ¦ becoming a director of it . But after my election , in 1862 , for Glasgow , I resolved to have no connexion "With any joint-stock company whatever ; aind I have carried my resolution into effect . Meantime , I am your obedient servant , J . M'Gueqor . — Atherueum -Club . JUmdon , Oct . 2 . "

    The -trader debtor summonses issued against Mr , £ uif Tk ? £ 6 nnedy *« d Mr . P . J . Law in connexion ! S , ™ ^ owcastle Commercial Bank were brought Tufsda ? M ? n V * tbo Court of Ba » kruptcy on ektan ™* U h ' Comtnj 8 si <> n « Goulburn deferred hifl debutZ ^ li next da y tha •»«> of Mr . Kennedy aa ^ e rLX 7 « T T ^ ' w ™ dismissed . The rZll tflO i mCal ^ oundB ' « 8 u « 1 onWednea-« ££ d irto m 0 Da againflt ** Konnody was « ett 3 n

    970 The Leadib, Fno. 342, Satukpat,

    970 THE LEADIB , fNo . 342 , Satukpat ,

    Misgellaneous, Tflie Coubt.—The Queen, P...

    MISGELLANEOUS , Tflie Coubt . —The Queen , Prince Albert , and the royal family and suite will , it is understood , retuiH to Windsor from the North on Wednesday next , the 15 th inst . The royal train will proceed from Edinburgh to London by the Korth-Eastern and Great Northern route . The Prince of "Wales is travelling incog , in the southern parts of England , accompanied by his totor . He goes about to see the ' lions ; ' walks a good d « al , and travels , like any other mortal , by stage coach or ordinary train . Official Appointments . —The Queen has appointed the Rev . Richard Chenevix Trench , M . A ., rector of Itchia-Stoke , Hants , to the deanery of Westminster , vacant by the decease of the Rev . Dr . Buckland . " Governor Darling , of Newfoundland , will be the successor at Jamaica of Sir Henry Barkly , appointed Governor of Victoria . Mr . T . B . Burcham , of the Norfolk Circuit , and Recorder of Bedford , is appointed a police magistrate in the metropolitan district in the room of Mr- G . A . A'Beckett , deceased . The Bishop of London Elect . —Dr . Tait , Dean , of Carlisle , recently appointed to the Bishopxic of London , took his farewell of the people of Carlisle on Sunday afternoon , when he preached in the cathedral , wtich was crowded , in spite of the unfavourable weather . As a proof of the esteem in which Dr . Tait is held , it may be stated that a number of the inhabitants have subscribed the sum of 50 01 . towards the erection of a memorial ¦ window in the cathedral to the five children whiclh he lately lost by scarlatina ^ The Retirement of the Bishop of Dubha 3 i . —

    The Dean and Chapter of Durham have addressed to the retiring bishop a letter expressing their high esteem and regret at parting , their intercourse of more than twenty years having been " uninterrupted by any ( event the slightest ) disagreement . " To this address , Dr . Maltby replied in a similar tone of friendliness and kind feeling . Archdeacon Dekison has filed in . the Registry of Bath and Wells a paper of great length , in which he defends his doctrines , and asserts that it is not in his power to make the revocation , demanded by the Archl ) isliop of Canterbury . ' : .

    Tribunals of Commerce . — -A public meeting , convened by the Association for the establishment of Tribunals of Commerce , was held last Saturday , at the London Tavern , for the purpose of receiving from Mr . II . Dix Hutton a statement intended to have been submitted to the Congress for commercial reform , recently held at Brussels . ; Mr . F . Lyhe took the chair , and introduced Mr . Hutton , who read a paper of great length , the object of which was to show the radical inefficiency of the ordinary tribunals to administer justice in commercial matters , and the consequent necessity of establishing Tribunals of Commerce . The Whitefriars Gas-works . —An examination of

    officers of the City police , in connexion with the alleged nuisance arising from the gas-works at Whitefriars , took place at a sitting on Tuesday of the City Court of Sewers . Several policemen , including inspectors , sergeants , and constables , gave evidence of the poisonous effect of the vapour on them . Mr . Grey , one of the directors of the company , stated that in a few days a complete answer would be given to the statements ; and Mr . ClriMe , the surgeon to the police force , said that the officers on the beat in which the works are situated were peculiarly healthy , adding , however , that he did not mean to question the veracity of the men . The proceedings were adjourned .

    A Discourteous Captain . —Dr . Budd , of Plymouth , recently laid a complaint before the Secretary of the Admiralty against Captain Nias , Tt . N ., Superintendent of the Royal William Victualling Yard , Plymouth . The allegations of Dr . Budd were to tho effect that tbo Captain had treated him , while visiting the yard , with great discourtesy and rudeness , and without any apparent cause . Tho Lords Commissioners of tho Admiralty , having made an inquiry , expressed thoir regret to Dr . Budd that the occurrence should have taken place , but added that they were sure Captain Nias did not intend to offer any discourtesy , and that the Doctor must feel ho permitted himself to use irritating expressions . A letter from tho Admiralty to Captain Nias convoys a mild reproof . Dr . Budd has since written a letter to the Admiralty , complaining of " unjust treatment . "

    The Malt-tax . —The repeal of the malt-t-ax was advocated by Mr . Drummond , M . P ., in a speech ( full of his accustomed oddity ) delivered by him on Wednesday , at the annual meeting of the Surrey Agricultural Association . Mr . Drummond was eloquent in tho praise of alp , and in the tfwpraise of " the nasty , beastly , black compound called London porter . " Ho thought tho repeal of tho malt-tax , and " plonty of really good beer , " would go far to improve the morals of the people . Dinner to Lord Panmuric . —The tenantry on tho Panmuro estates , on Thursday week , entertained tho War Secretary at a dinner at Eclzell . A pavilion was erected within the grounds round the old castle , and the chair was occupied by Mr . David Robertson . In tho course of his nfter-dinner-speech , X . ord Panmuro said that ho had no doubt tho Duke of Newcastle would have dono everything that could have bean deaired for tho army if ho had not bocn driven from office by " clamour . " —Lord Panmure has since , at tho Forfar couuty meeting , expressed some opinions with reference to " tho

    tollbar question . " He proposed , that the meeting should consider some plan for the consolidation of the turnpike trusts in the county , as had been done in connexion with the roads to London ; and he denounced the mode of collecting and spending the statute labour money of the Scotch counties as an example of taxation without representation . The tax also was most unequally and unfairly levied . Resolutions in favoro : of a change in the existing system were unanimously adopted . Alleged Flogging of Pauper Ghildr-kn of St Pancras at Whitechapel Uniost . —A meeting of the directors of the poor of St . Pancras was held in . the Board-room , Vestry-hall ^ Camden-town , on Tuesday , for the purpose of receiving the report of a committee ' appointed relative to the alleged flogging of pauper children , belonging to the pariah of St . Pancras , farm ed ou t at the schools of the Whitechapel Union , Forest-gate

    The particulars respecting the alleged flogging -were contained in a letter written to Mr . Lawford , a St . Pancrasdirector , by Mr . Potter , the late master of the St . Pancras Union , who had been transferred to tie jurisdiction of the Whitechapel authorities . Potter ' s letter stated that a . hoy had been flogged till the blood flowed . The committee reported that they had examined Mr . Parton , the schoolmaster by whom the punishment was inflicted , and several other persons , including the boy who was . flogged , from whose statements it appeared that the assertion in Potter's letter was unfounded ; and Potter himself , on being interrogated , admitted that he did not know that any blood flowed after the beating of theboy Cowan , but that he "was told so by another boy . Several directors expressed themselves against corporal punishment of any kind . The report was adopted , by a large majority . :

    Political Meetqtq ax Great Yarmouth . —A meeting was held at the Star Hotel , Yarmouth , on Monday evening , for the purpose of receiving Mr . W . T . M'Cullagh , and Mr . E . W . Watkin ( of the Manchester , Sheffield , and Lincolnshire Railway ) , as candidates for the borough , in the Liberal interest . Both , gentlemen expressed themselves in favour of parliamentary reform and decreased expendft ^ and denounced the oligarchical nature of our Governments , which compromises us with other nations . Resolutions pledging the meeting to do the utmost to secure the return of the candidates were unanimously passed . A Waterspout appeared on Sunday evening in the neighbourhood of Oldham . On . hursting , it did great damage to the neighbouring embankments and roads , and flooded several mills .

    Mr . Ernest Jones's Political Soieub . —An entertainment , half-musical , half-political , was given by Mr . Ernest Jones at St . Martin ' s Hall , on Tuesday evening . There was a miscellaneous' concert in two parts , after each of which Mr . Jones delivered a discourse on the state of the working classes , very eloquent , very passionate , ver 3 ' effective , and containing a large amount of truth , . but spoilt , as usual , by the too great vehemence and impulsiveness of the parfcy to which the speaker belongs . Mr . Jones sought to show that the condition of the English working man is worse than that of the Hindoo pariah , the Russian serf , or the African slave ; and he supported this view by quoting the various laws which oppress and fetter industry , deprive the poor man of the power of voting for members of Parliament ,

    though he is compelled to pay the taxes , and bind lam body and soul to the landed and moneyed aristocracy . He complained of the misappropriation , which , if restored to the people , andproperly cultivated , would be able to provide corn for the whole nation ; and lie alluded to the times of Cressy and Poitiers , when tho free yeomanry of England were sufficient to fill her armies with resistless soldiers , while now we are obliged to hu-e " the scum of Europe to fight out battles . Tlie poverty now observable among the working ordevs lie attributed to the diminution of arable land , and the increase of grass land . Under the present system , the

    labour that might be usefully employed in producing food merely lowered wages in the manufacturing districts by an unnatural increase of competition , and thus , while on the one hand food was becoming scarcer , tho means of purchasing it were becoming more scanty . Mr . Jones stated that ho was no communist , no anarchist ; he desired to have peaceable , constitutional reform ; but , if this bo refused , a violent struggle must ensue . —Among tho songs which were sung in tlie course of the evening wbb one the words of whiah were by Mr . Ernest Jones hiniBelf . It was called " The Song of the Lower Classes , " and was full of burning sarcasm and fiery indignation .

    Sik William Temple ' s Art Collections . —The lato English ambassador at Naples has bequeathed to the B ritish Museum his valuable collection of fictilo vases , bronzes , mosaics , gems , marbles , medals , specimens of ancient glass , ornaments of gold and silver , & c . This collection was made by the deceased minister during" his oflicial residence at Naples , where the various object * of art just enumerated still remain . Tlio present diplomatic difficulties with tho King will probably prevent their transmission to England just now . Tub Earl of Albkmauus and Harvest IIomi :. *—The Karl of Albeinarle has reappeared as a harvest lionio reformer nt a inWing held at Winfarthing , ncuv W ^ i Norfolk . Addressing a party of labourers with tlioir ¦\ vivc 3 and children , tho Earl observed : — " Atlinnhani , I said that largess had heard ita death knoll , ancl 1 think ,

• Citation
  • Leader (1850-1860), Oct. 11, 1856, page 10, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_11101856/page/10/