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Leader (1850-1860), 18th August 1855, Edition 2 of 2, Page 2

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      G Reat News Has Come To Us From Both End...

      f i ^ ju . — the foreign contingent , including the Turkish , should be supplied * ith rifles . All sound advice ; and Lord Palmebston promised that these subiects should receive attention during the recess . The Morning Post has announced that a force of Frenc and English will be formed in Canada to replace the Anglo-American liagion , -which would have included any foreigners that might choose to wander in from t & e neighbouring Union . The subject of employing Indian soldiers has already ' attracted attention ; but it is quite evident that large reinforcements can be obtained if necessary , and in the meanwhile , the sinews of war are not wanting . The particulars of the Turkish Loan have been clearly explained this week . The remarkable fact this week is the singularly warm welcome given to the loan in the City . Before Messrs . Kothschiij > and Messrs . Paxmeb and Gom > - smtd had announced that they would open subscription lists—before the price for taking the stock had been fixed—blank " quotations , " as it were , had been quoted at " 3 or 3 £ premium ;" that is , there were men willing to give an advance of 3 or 3 ^ upon whatever any jog-trot City man ¦ would fix as the price ! The English and French guarantee have settled the matter as a question of credit ; the resources of Turkey are known to be promising ; but here was an expression of the money public on the general credit of the measure . Friday was a Bears' holiday in the City . The long tedium of anticipation , with little done either in the Baltic or in the Black Sea , had just been broken by the announcement of " the destruction of Sweaborg "—a phrase which proved to be somewhat overcharged—and then yesterday out came the Morning Post with the tremendous announcement— " We have reason to believe that stirring , and hitherto unexpected , intelligence may be looked for from the Crimea in the course of the next few days . " This might have been open to any construction , but the Morning Herald almost at the same time affirmed that some " depressing " information had been received from the Crimea by Government , and purposely withheld . Here were the most favourable conditions for the Bear party : a long listlessness , an over-heig htened success , a slight reaction , and a solemn and apparently official announcement that something was coming—the Post having manifestly official sources—and finally , the averment of the Herald that something was adverse . The Bears had the day , and the Funds declined . The probability was that the " stirring intelligence " related to an event which had not yet taken place , the Morning Post having been the journal that announced . the last assault upon Sebastopol before it took place , punctually naming the day ; and so it proved again . The interpretation of the Herald , therefore , deserved little attention ; but it was not the less valuable for the Bears , and no doubt a considerable amount of money has changed hands while the mystified public opened its mouth fo r the promised wonderment . These operations had been , for a time , aided by reports of damage to the crops through the storms , but the loss has been very partial , and the sun has restored both the grain and the market . Railways have reason to be more permanently plaintive than corn . If the grain is laid , so arc dividends , but more fearfully , and wo apprehend for a longer period . No sun will raise them . The decline is usually attributed to the war and the stagnation of trade ; it is general , but the greatest proportion of fall is in lines like the North-Western and the Great Western . The North-Western used to have a steady dividend of ten per cent ., and the Great Western of eight ; recently , this level has not been maintained . •¦ 'fTfiei ' . North-Western was content with something , abort of ten ; the Great Western with

      four ; but at the meetings just held the dividends for the half year have been respectively at the rate of 4 £ and 2 per cent , per annum ! In other words , those persons whose property consisted in railway shares will have in the Great Western railway a quarter of the income which they had aot long since , and half the income which they had last year . But this is not a subject to be dismissed in a passing paragraph . Persons have figured on the scene conspicuously , and in many quarters . Mr . Cowpkb , the new President of the Board of Health , Mr . Robert Lowe , Vice-President of the Board of Tradeboth now " Right Honourable "—have been reelected . Being sound on the war , they passed their re-election unanimously . Mr . Boycott , Mr . Lowe ' s threatened opponent , found it impossible to get a majority at Kidderminster against a War Minister . Mr . Lindsay has been down to tell his electors at Tynemouth that he did not misrepresent when he brought forward the Admiralty grievances . But the public would take it much more kindly at his hands if he could explain to them , by an anatomy of the department , how it is that the Adiniraltv produces grievances . Elsewhere we see Mr . ' Hubbabd , lately a Governor of the Bank of England , with other City magnates , taking a conspicuous position at a public meeting in the Guild , hall to promote the Early Closing movement . In the United States we have President Pibkck displacing the energetic anti-slavery Governor Reeder , and putting in the conformist Dawson , on the Nebraska Bill policy . In India we see a son of DwabkasauthTagobe approaching the judicial Bench , not without some controversy as to his personal qualifications ; and we descry Major Phayre setting out on a mission to Ava , accompanied by a scientific suite , strongly manned , to make a survey of the land traversed . At home again , certain admirers of Mr . Roebuck are endeavouring to redress the injustice of fortune by securing him an independence , as the merited " testimonial" for public services which have not been repaid in the usual way , by official advancement , which has slided off" to inferior men . A reminiscent public of a very limited kind are Kettin" up a monument to amiable Miss Mrrfobd ° and " Jane Franklin , " a propos to the gratuity bestowed upon the actual traversers of the " North-Western passage , " is claiming recognition for . her husband and his companions as the first actual discoverers of the junction of the seas . But conspicuous above all is Queen Victoria , guest of " our ally , " Emperor of the French . Queen Victoria does all things regularly , rapidly , and decisively . Her Majesty arrives in her yacht , an " ocean Queen ; " she traverses Paris to-day ; to-morrow " rests , " and then attends a concert of music at the Conservatoire" sacred music" of course . Then there is a round of sight-seeing , receptions , dinners in state , or "In famille" theatres , operas , in formidable whirl ; with an hour or two of " rest" daily , like Falstaff ' s bread , in all this sack . " There is little of it , but how intense that resting I Not a person is there in all the world so conspicuous as the successor of Elizabeth just at these presents . Were it possible , now , that she could dissociate herself from tbc routine by which she is surrounded , and from the advcnturer-scheining by which she is confronted elevate herself to the highest point of view , and survey the political world , nil its heaving movements and suppressed hopes , from the highest summits of Paris , see what is to bo hccii , and recognise it with heart and head , and declare in her clear voice the truth as it could be told , what voices might not answer , what hands would not rise to do her bidding , what deeds might not bo done , what immortal greatness not bo hers !

      The Leader. [No. 282, Saturday, R7qq . -...

      THE LEADER . [ No . 282 , Saturday , r 7 QQ . - _ i i—i . — ¦¦¦ -. ¦¦¦ ¦ ' . . — - . ^ . ^^^—_ ¦»

      Boi Licit Explosion.—Owing, An It Is Mip...

      Boi Licit Explosion . —Owing , an it is mipposcd , to an inBuffl ' eioncy of water , a boiler exploded on Saturday evening at Sheffield , and" was carried ncroHH tho road into tho river , knocking down two wuIIh in it « progrctm . Two men wore killed , and throo others Hcriously injured . Tmc Kiev . Dn . Fox , 1 ' rovont of Queen ' n College , Oxford , oxpirod on Saturday hist at tho provont ' w lodging , in the eighty-first year of hio ago .

      Imperial Parliament. As The Session' App...

      IMPERIAL PARLIAMENT . As the session' approaches its termination , it is found necessary to transact a certain amount of business on Saturdays ; and on Saturday morning last , both Lords and Commons met for a few hours . In the Lords , the Commons' amendments to the Charitablb TKirwas Bill , the Union op Contiguous Benefices Bill , the Criminal Justice Bill , and some other measures , were considered and agreed to , with the exception of one in the Union of Contiguous Benefices Bill , which was rejected after a brief conversation . The Public Houses ( Ireland ) Bill , the Public Health Act Amendment Bill , and the Diseases Prevention Bill , were respectively read a third time , and passed . LIMITED LIABUJTT BILL . This bill , after a protest from Lord Lyttelton ( on the ground of undue haste ) , and some remarks in defence of its principles from the Marquis of Laksdowse , was read a third time , and passed . A clause , however , was added , empowering the Board of Trade to appoint auditors , under certain regulations , for the purpose of inspecting the accounts of the companies who might avail themselves of the privileges created by the measure . — The Lords ' amendmen ts on the bill having been subsequently read in the Commons , Mr . Williams , Mr . J . G . Phillimoue , Mr . Mauns , Mr . Wilkinson , and Mr . Pkllatt , strenuously opposed them ; while Lord Palmerston and the Attorney-General , though admitting that the bill had been depreciated , thought it would be better to accept the measure as it stood than risk it altogether . The amendments were ultimately adopted . STATE OF THE CRIMEAN ARMY . In the House of Commons , in reply to Lord Hotiiam , Lord Palmerston promised to produce the evidence taken by Sir J . M'Neill and Colonel Tulloch in their recent inquiries into the state of the Crimean army , with the exception of certain passages of a confidential character . EDUCATION IN IRELAND . Mr . -Walt-ole gave notice for next session , of his intention to propose some change in the system of national education in Ireland , so as to enable certain classes who now obtained no share of the grants ol public money to participate in the same . The Lords' amendments to several bills were agreed to . THE HOUSE OF LORDS AS A HOUSE OP APPEAL . In the House of Lords , on Monday , Lord br . Leonard ' s , in moving for a return relative to appeals heard by their Lordships during the session , called attention to some remarks by the Solicitor-General in the House of Commons on the previous Friday , to the effect that the House of Lords is very objectionable as a legal tribunal , owing to the members considering themselves at liberty to depart , if they think fit , in the middle of an argument . Lord St . Leonard ' s emphatically denied this . — Lord Campbell and the Lord Chancellor concurred in the denial ; and the motion was withdrawn . PRESENCE OF SOLDIERS DOR 1 JJG ASSIZES . Lord Cabipbkll drew attention to the absurdity and injustice of locking soldiers in their barracks during the holding of assizes ; and the Lord Chancellor said that whenever ho found any soldiers in court , he had always observed them to be among the quietest and most orderly listeners . The Consolidated Fund ( Appropriation ) Bill , the Exchequer-bills ( 7 , 000 , 000 / . ) B ill , and the Militia Pav Bill , were respectively read a third time , and passed . ' INTOLERANCE AT OXFORD . Lord Monteaole presented a petition from Sir Culling Eardley , stating that some years ago his name was erased from the College Books , on a ccount of some scrup les having prevented his signing the Thirty-nine Articles ; that , eince tho Oxford University Act of last year , lie had applied to have lna name replaced , and that he was told this could only bo done upon his signing a declaration that ho was extra Eccksiam Any f icatutm , which he refused to do , because ho does not so regard himself . —The Loiu > Chancellor , Lord Harrington , and Lord Camphull , all disapproved of the conduct of the University ; Lord Campbell observing that it is contrary to the letter , to tho spirit , and to the policy of the Act of Parliament . CONDUCT OV THE WAR . Tuesday being the last day of the session , Sir J ) B Lacy Kvanb determined to cIoho tho legislative ) sittings with an attempt to elicit from the Government a still more distinct declaration than had yet been made of their determination to proseciito tho war with vigour during tho recess . Comparing tho exortions made flinco the present hostilities with tl » ot . o which distinguished the last great war ( when wi ««" 80 , 000 British , and 40 , 000 Portuguese , tro € > j > H ^ »* - ciune to the conclusion that there had been a luiiins

  • Citation
    • Leader (1850-1860), Aug. 18, 1855, page 2, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_18081855/page/2/