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Leader (1850-1860), 14th November 1857, Edition 2 of 2, Page 1, : ' :. ' ¦ '¦' ¦ ' . - ¦ ¦" ¦ "¦¦ . ¦ . ¦ ' ¦ ¦¦ ¦ . ¦ ¦¦ - ¦ ' Contents : ' ¦ ¦ ¦¦ ' ¦ ¦ . ¦ .. ' ¦ ¦¦¦ - .: ' . -/¦ ' ¦ "; ' . • " :¦ . " - ¦ • , ; ¦ - .. . _ ¦ - ¦

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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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      A Political And Iiterary Review.

      A POLITICAL AND IITERARY REVIEW .

      "The One Idea ¦Wrhich Hiabory Exhibits A...

      "The one Idea ¦ wrhich Hiabory exhibits a 3 everrnore developiug itself into greater distinctiiesa is the Idea of Humanity—the noble endeavour to throw down all the barriers erected between : menby prejudice and one-sidedviews ; and , bysetfcing aside the distinctions of Religioa , Country , and Colour , to treat the whole Human race aa oae brotherhood , having one great object—the free development of our spiritual nature . "—Humboldt's Cosmos .

      : ' :. ' ¦ '¦' ¦ ' . - ¦ ¦" ¦ "¦¦ . ¦ . ¦ ' ¦ ¦¦ ¦ . ¦ ¦¦ - ¦ ' Contents : ' ¦ ¦ ¦¦ ' ¦ ¦ . ¦ .. ' ¦ ¦¦¦ - .: ' . -/¦ ' ¦ "; ' . • " :¦ . " - ¦ • , ; ¦ - .. . _ ¦ - ¦

      ¦ : : .. ' . - . . . ¦ ¦ ¦¦ ¦ ¦ ¦¦ . . .. . ;¦ Contents : , ' : - ' ¦ ¦ . ¦ .. '¦ ¦¦¦ ¦ .: ' . - ;¦ ' ¦ "; ' . " : \ " ¦ ' ' , ; ¦¦ .. . _ '¦

      0.. . . . .. _ Review Of The Week— »*Aok...

      0 REVIEW OF THE WEEK— »* aok Our Civiliz . ition . ' -. 1 OS 8 . * H 6 w not to do it * ; . 10 D 4 : PORTFOLIOThe Indian Revolt 1083 Gatherings fro : n tlxc Law and To- Thu-City in Rags . ¦ 1091 ! The Woodspring Papers 110 O SanitaTy Matters 1084 ' -v llCe i ' " i ^? -i"i " — " •¦' V > M- ' Tho Hoaltli of London ., 1095 ¦ : | _ _ ¦ Accideiitsand Sudden Deaths . ... 1085 ^ faval and Military ,. 1080 An Indiscreet Apologist 1095 THE ARTSThe Accident at the Attempted Miscellaneous 1090 LITERATURE- The Haymarket Theatre— An Laurch ... 1085 ! Postscript ... ioi ) l Summary- 109 G -Unequal Match *; .... 1101 . .. Ireland 1085 ¦ PUBLIC AFFAIRS » r ^ v [ tetone sTVAV ^\ " :::::::. ' ::: 10 ^ ' Opera Buffa .-St . James's Theatre 1101 America . lose cubuic AFFAIRS- A Hundred Years Ago . ... 1097 Continental Notes 10 S 6 The Monetary Crisis 1091 A Treatise oil Angling 109 S State of Trade 1037 Indian Military Prospects .......... 1092 Mauleverer's Divorce 1099 The Gazette .. 1102 Tho Government and the Bank of Extension of Protestantism ......... 2093 The Britons of Cambria " 1099 England 10 S 8 The Quietus of Reform 1093 A Winter Offering ' '" 1100 COMMERCIAL AFFAIRSObituary 1088 Lord Palraerston in Armotir ......... 1093 WewEditions ....... ... 1100 City IntelliKence . Markets . & c .... 1102

      __ "Vgl. Viii. Jnto. 399.] Saturday, Xoy...

      __ "VgL . VIII . JNTo . 399 . ] SATURDAY , XOYEMBER 14 , 1857 . Price { ggStg ^;; : Eig ^ -

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      ¦ ' . ' - ¦ ' / A — : ' : ¦ ¦ ' ¦ . ¦ ¦ ¦' . ' ' .

      M Obe Head Lias Been Made Agaiust The Re...

      M OBE head lias been made agaiust the revolt in India than against the revolt in the Money Market ; for the same week which announces the victory of Wilson at Delhi , and the arrival of Havexock at Lucknow , aiiuounces the surrender of Eai > mebston aud Lewis to the Embarrassment interest . It must he coafesscd , however , that the Sepoys have been obliged to svuxender more than Ministers have surrendered . The accounts from India are checkered and painful , but glorious . Clouded as they are with loss and death on our side , they describe magnificent "behaviour on the part of the Generals , officers , and men . The loss is so tremendous that it must have been foreseen ; the officers WIWV lr * fl ^ I \ f \ n * * "V * r * n in 4 "rv 4 li rw m + vinof r » Tvnoif imic *~\ t \ 1411 4111 Uli \ XLVi \ l \ UUtJlUlVUO . .

      - II UU *_ jV * . VV UJ . AUVU . ^ J .. * . ^* VS WJ . Delhi or of Luckuo'v , must have known that the advance was easting the die of life or death for one in thijee of those that went forward ; and the men must have known it , yet they rushed on to the attack with the same impetus as if they -were marching to certain victory , for without that brave devotion it is impossible that a handful of men could have conquered a large army and taken from the hands of that aimy . a great straggling city . Delhi was in our possession on the 20 th of September , and on the 21 st the King , who had fled , was brought back with his chief wife .

      The monarch himself is not one of the least strange phenomena of the whole revolt : he is a man ninety ycavs of age , who has lived almost to the end of a century in order io sec a dream of tlic Mogul Empire revived , himself descending from a pageant throne to be a criminal in the hands of police ; while his sons , who were gentlemen at case , hayc been shot like vermin by their captors . Even the pious mind of the fallen Mogul must begin to doubt ilio power of f lhe great mother Devcc' From Delhi the British , saddened by the loss of Nicholson , nt once advanced towards Aprra , and they avc

      evidently following tip the defeated mutincci' 3 so us completely to break thci r power . At Lueknow , tho arrival of the British must have hccii one of the most striking events that have ever been witnessed in any theatre of war . Wo now learn more nearly tlic position of the British . They had hastily fortified the Residency , and maintained thorn selves against their besiegers and the people in tho remainder of the town . Their provisions hud fallen short , and they had replenished their stores by sorties . With a machinery tlmt would have been

      beforehand pronounced utterly inadequate for the purpose , they hare sustained a long siege . They W \ O f"l ' - ^ 1 T f" 1 * 4 " It f * h - I « /"• + X ^ rt _ - ^_ « -l JA ft A « X 1 ft —* mk *^ X-- *~ J- **^ AK m « 4 . A *^ 4-niinu tiii / iii icw

      ^ ^^^ ^^ * ^* ^ . . . . . . u . I'uu jiaau . uap sceii . me ciiucucumciiis and the inines come up to the very walls ; they were almost awaiting the explosion of the first mine , when Havelock ' s force came up . IBut the relief of the Hesidency was not the complete reduction of Lueknow : after hard fighting , in which Neixl fell , the position of the relievers became one of danger , and the despatches ; leave Ha . vjexock unable to bring away the garrison , tind surrounded by the enemy . It is evident that the unsettled state of the country , especially in the Bombay presidency , had actually increased . The frontiers of Seinde are said to be in an uneasy condition , and two Sepoys had been blown from guns at Bombay for participation ^ % ^ T" \\ ^^ ^^ ^^ ^^ ^ V % ^ V % 4 ^^ ^ V Wf ' i \ It ^^ ^ % ** ** « *^ ^^ ^ * m ** ^^ ^ N ^_ ' 4- 1 - *^ h f t " « w tf ^ N . v v I j- M intuti tiL uiussiiui uto

      . . ; v > iiajjii . ; j . jAiuiu , men , nuuiu have happened , but for the report of the success at Delhi . This had been accomplished before the arrival of tlic large forces sent out from England ; which will be welcome . Even after completing the relief of Lueknow , the new forces will be required to do the avducnis work of rooting out the mutineers and their accomplices wherever they can be found , and of establishing a permanent force for the maintenance of order until the whole of our possessions in India can be reduced to perfect quiet . The concession of tlic Government on the

      subject of the Bank Charter Act was not made without a call for it , though it docs not appear to have been demanded in what would usually be called a regular manner . On Tuesday last the Bank of England again raised its discount , this time to 10 per cent ., without diminishing the pressure of demands for accommodation . The event was followed by some occurrences of which it was not altogether the cause ; for we must remember that the failures in the Uni ted States arc the largest and the most immediate cause of the difficulty here . This is Droved bv the oouvsr of tho , fnilmw whirOi

      begun amongst houses connected with America , and was transmitted to joint-stock banks . In their cases , no doubt , the difficulty was complicated with their share in speculation ; a species of commerce into which banks should never enter , but into which the banks that have failed had gone to enormous amounts . Amongst the list of firms of banking or commercial , joint-stock or private , which have frightened tlic world by their suspension , have been the Western Bank of Scotland , Messrs . Djennistovn tuui Co ., the City of Glasgow Bnuk ,

      Messrs . San dekson , Sandemajsn , and Co ., besides many other houses more or less connected with Ame-Ul f * ' . K ^ «¦ I * v -A- I « . *^^*« 1 ¦ i . «_ I _¦ _^ '_ 1 ^'_ ¦ __ 1 m -U _ ^_ L' A ^ ^ ^ K ^ jl ^ i ^^ B - - ^^ dfth tfV t ^ «^ ^ K ^ ft iiuu uiiitJLuaiiK iicive

      ^^ . ^^ . . ^ . ^ ~ - > _^ . .. . uua , - S wmca -uuuu uuuer prussuie without actually suspending . Some persons in Glasgow have been holding a meeting , and resolved to appoint a deputation in order to demand from Lord JPamiebston a relaxation of the Bank Acts of 1844 and ' o , one being passed in the latter year for Scotland as well as tlie Act for England . The deputation , ho-vrever , did not anticipate sufficient support or success to undertake the journey ; and although distress had spread to a great extent in the commercial parts of the country , there was a marked absence of any general demand for suspension of the Jaw . The public , therefore / was in a condition which is called astounded , ' when , on Thursday evening ,, appeared the letter of Lord JLiJUJiltaiU

      J . A JS illlU OU VJfiiOJltrJS VvOltiNJiWAljLi JJiSWIS to the Governor and Deputy-Governor of the Bank of England , intimating that if , in consideration of the serious consequences ensuing from the failure of certain hanks and firms , theDirectors of the Bank should think it n eccssary and desirable to issue an increased amount of bank-notes in excess of the limits oftlieir circulation prescribed by the Act of 1844 , the Government would be prepared to propose to Parliament , upon its meeting , a bill of indemnity for any excess so issued ; the rate of discount not to be lowered , and the directors to exercise great discretion and m-iidence . " Her Maiestv ' s Government . "

      said the note , " are fully impressed with the importance of maintaining the letter of the law , even in a tirao of considerable mercantile diiliculty , but they believe that ; , for the removal of apprehensions wluch have checked tho course of monetary transactions , such a measure as is now contemplated has become necessary . " The relaxation , therefore , is granted in the most limited form , with an avowed objection by those who grant it . The Times states that the Directors of tho Bank of England liavc not , aa they did in 1847 , cither asked or recommended any ftllfVn HiO ! l < aiWn Tf . ? ir \ Y \ nnva if \ lmi * rw l * nrn- » nvrrnrl urnn tJitxsa * ivit * Vt Juii tWIJVlll 41 \ tlll 1 MlJl / JLl

      * ' , uu . < . Q IU AJ \ - < U IIJLCVJU . Government by individuals . At the same time , it is obvious that , if some few houses of . great magnitudewere to declare that they could not continue business withont an exceptional hiw , tlie refusal would have cast great responsibility upon JJae ^^ ee ^ Hyc Government . It is notorious tl lK ^^ v ^ 5 ^ wiius 1 ' ^ classes will be subjected to Uie' £ atiwi »!^ flfe . p wp t fit time throughout a great par /; of ^ iq » i ^ iniTOlao | u / Ing <^ districts ; and although the canaeJi pt ^ ii ^ Jtyird iliijp ^ will in a very slight degree be atfe «( tcdl ^ y ^ i » | ^ ^« ^ mc « isure , they would jiavc alwajj ^ b |^^ fe ^ j ^ P ® ^ •""** /*• " / , ' i ' -y fi ^ TjcT j w « i

  • Citation
    • Leader (1850-1860), Nov. 14, 1857, page 1, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_14111857/page/1/