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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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Eedpatb , together with the furniture , wines , effects , &c , have been put to auction during the week "by Christie and Manson . The sales have been rather languid . FiEES . —The firework factory of Mr . H . Darby , Regent-street , Lambeth-walk , was destroyed by fire at an early hour on Wednesday morning . The persons sleeping in the house were rescued by a ladder ; but they had a very narrow escape . —A serious fire has occurred on the premises of Messrs- W . H . Allen and Co ., foreign booksellers and wholesale stationers , Leadenhall-street ; and another in a tenement occupied by a carpenter and builder in One Bell-yard , Strand .
Gallant Conduct . —The Electra , 14 , sloop , Commander W . Morris ( 1852 ) , which was paid off at Chatham last Saturday , has been in commission upwards of four years , having been fitted out at Portsmouth in October , 1852 . During the whole time she was in commission , she was attached to the Australian station , and cruising between Australia and New Zealand . On the morning of the 20 th of last November , while the vessel was on her passage from Auckland for
Sydney , she was struck by a whirlwind , which threw her on her "beam-ends , and she began to fill . The ship was under all sail , except royals , and every one on board expected she would , go down . In this emergency , a seaman , named William Stevenson , swam forward and cut the main sheet , which saved the vessel , and she again righted . The whirlwind lasted about three minutes , and the Electra at the time was in lat . 32 . 4 south , long . 168 . 12 east—Times .
The Royal British Bank-. —Mr . Apsley Pellatt was examined in the Court of Bankruptcy on Wednesday . He said that he hecame a director of the bank in February , 1849 , and ceased all connexion with it in 1850 , at which time he believed it to be solvent . He had " no apprehension ; " but he left in conseqnence of an account which " alarmed liim "—the Welsh worts , for which a larger loan had been asked . He sold his shares at three discount . He admitted that he might have acted from carelessness , without a < lue knowledge af the state of affairs , and with too great a reliance on the statements of Mr . M'Gregor — indeed , he had not examined the books ; but he denied being aware of any of the fraudulent transactions , and said he was under the belief that the liability of the shareholders was limited . The case was adjourned for another week .
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THE CONTINENT . General Todleben has arrived in Paris . A report is current at Berne that Sardinia has it in contemplation to enrol six thousand Swiss . There have been some Protectionist riots in Belgium , owing to the foolish demonstrations of the mob against free trade . A collision with the gendarmes ensued .
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Tragedy on Boakd Ship . —Some coolies on board the French Bhip Anais , from Swaton to Ilavannah , mutinied , killed the captain , supercargo , and chief mate , and ran the vessel ashore at Tonglae . The rest of the crew , with the surgeon , are sale on shore , and well treated by the Chinese , "but held for a ransom of five hundred dollars ; and the ringleaders among the coolies are in custody , and will be given up to tho French authorities . —[ We received , late last night , a telegraphic despatch from Paris , announcing that the French Government has been informed , by a communication from Macao , that " the Chinese who instigated the Coolies to seize the vessel have been captured . They will be tried by court-martial . Tho Chinese have released the majority of the captured sailors . " ]
WmrriNGTON Cluii . — We understand that the ninth Anniversary Ball of this excellent Institution will be held this year at the Freemasons' Hall , Great Quccnstrect , on Eaater Tuesday , and that there will be a largo gathering to meet tho staunch friend and President of the Institution , IVIr . Sheriff' Mechi , who , with a party of friends , is expected to be present . Tiiuke Suxcii > es . ( yestkkoay ) . —A young lady drowned lierself yesterday in tlie pond on Turnhamgreen . Her . name and tho cause of the act are unknown . —Another young lady < lrowncd herself in the Serpentine river , Hyde Park . —An old man living in Tothill-strcet , Westminster , jumped from tho thirdfloor window of tho houso , and fractured his skull .
Gukat Loss oif Live at Ska . —A junk , from Canton , bound to Singapore and Penang , was driven ashore on the morning of Lho 4 th of January , on thu east coast of Bintang , and became a total wreck . One hundred und twenty Chinese , out of throe hundred and forty who were en board , were drowned .
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DISRAELI—A STUDY OF STATESMANSHIP . This . country is always- ' governed by a , jointstock association ; the association consisting of shareholders who bring into the concern more or less credit . The management of affairs sometimes passes from one association to another , Unlike commercial companies , these political companies are rather loosely bound together ; men transfer their shares
laying before the public , with a view to retain or obtain the national business . Mr . Drsbaeli ' s speech , on returning thanks for his re-election , in Buckinghamshire , is a capital expose of the manner in which the managers of these companies do business . Mr . . Disbael ! was . manager , of the Association Conservatrice de Credit National , of which Lord Debbt was president in 1852 . The public has an idea that that Association accomplished nothing , transacted no business
worth speaking of j but its managers have , like railways , British Banks , and other jointstock companies , peculiar modes of making up accounts . Mr . Disrajei / I now tells us that to his Association we-owe friendly relations with the French Republic , the establishment of a volunteer militia in this country at a very cheap rate , a complete renewal of the ordnance which was in a state of total dilapidation , the defence of this island ngainst the encroachment of foreign despots who demanded the surrender of political refugees , recognition of the Napoleon dynasty ,
complete reform in the Court of Chancery , reconciliation with Persia without war , the opening of the Paraguay and Parana trade , protection of this country against disturbance either in the colony or at home arising from the gold discoveries , reduction of the teaduties , and the bringing of the gross revenue to account , including the cost of collection . It is true that several of these measures have passed since Mr . Disraeli Avas in office ; but lie seems to hold - . himself- free to take credit for all the nieasui * es which he talked about ; a new hint to joint-stock companies . Any Huraii Inkes Cameron would he thus
enabled to show an immense amount of business done . But this account of work done by the company when it was in office is only given as a testimonial to prove what the company would do if it were again in office . It has been able to do something for the public quite gratuitously even when it was but . It has , for instance , effected a reduction of three millions sterling in the estimates , and we are inclined to think that there is a good deal of ground for this claim— -that the estimates produced this year by Sir GicoitOE Coiinewall Lewis would Viave been about that
amount larger if Mr . Disraeli had not stuck out for a reduction of the income-tax and a retrenchment of the expenditure . He is " convinced that the inequalities of the Income-tax can never be overcome , " and he is for getting rid as soon as possible with the Income-tax with all its odious irregularities . "
It has been objected , indeed , that tho Tory Company of National Credit is pledged ngainst " Itoform , " and so Lord Diojtuy thinks , poor mini ! ])' or he ha . s not got beyond the Church-and-Stiito maxims of Toryism in " the good old days when Gteorgm 111 . was king . " Mr . Disuakli , however , understands " tho spirit of an epoch , " and ho discusses ' . Reform with anything but hostility . It has " two aspects , " ho says—" moderate , " "bit by bib reform , " and " comprehensive reform . " lie is " not a bit by bit reformer , " because bit by bit reform means
Wh ' uj Reform ; which is only a reform of Tory abuses ; leaving Whig interests untouched . " Bemcmbei'ing the great partiality and injustice of the scheme of 18 JJ 2 , " the manager of the Tory company would look to any great changes in tho representation with no prejudice , because he believes that much of that injustice and partiality might ho romodied . There are , indeed , two items of the People's Charter which Mr . Dihuaiclt , an ut present advised , thinkw he could never accept , and thoHC aro ballot and electoral . ( Ii ' htricte , liut bore ia hia programme : he is
from one to another without very great difficulty ; but there is so much espn'tf de corps , that each company after the other keeps up the usages of the trade , ill order to protect its own interests in returning to office . At present there is a liberal joint-stock association in possession of the premises and busiuess ; in 1852 there was another association ; and within that interval we have had another
company , some of whose partners were left in possession . Government is thus a sort of " Credit Mbbilier , " only more " mobilier" than that of Paris . This Association de Credit National of course conducts a great deal of real business , besides that which is carried on for tlie profit only of its shareholders and directors ; and it is the object of each company in succession to exhibit to the nation the vast amount- of
business that it docs . In order to please the fancy of the people at different times , these different companies profess to act upon opposite principles . One is " Liberal , " the other is " Conservative . " By the Liberal , we formerly understood tho party inclined to effect changes in our institutions for the purpose of correcting imperfect bus that originated in days when there was less intelligence and less popular influence ; and also of correcting un-English changes made in our institutions by the Tory party , which sympathized with despotic Governments abroad .
-Ihe Conservative party , on the other hand , derives its principles from an exclusive Church , and from . Continental traditions of kingly government ; ifc " began with presuming that the King reigns "by right Divine ; that tho encroachmont of popular power is to he resisted , tho popular power diminished . We have a complete specimen of that party in the laat Tory Minister , Lord Disrby , who entered oflico to maintain the protection of the agricxiltural interest against free trade in corn ; and who , when ho found ib impracticable to restore protection , confessed that his real object was to control <* tlio
democracy . " In their recent competitions , however , to obtain the business of the State for themsolvoH , these companies liave encroached upon each other ' s grounds , and it ia amusing to aeo the advertisements , "which they aro now
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Leader Office , Saturday , April 4 th . THE NEUFCHATEL QUESTION . The conferences at Paris still go on ; and the chief demands of Prussia are now said to be—a full and complete amnesty for all who took part in the rising of last September , and for those concerned in previous movements ; conservation in the Prussian royal family of the title of Prince of Neufchatcl ; and payment by Switzerland of the expenses arising out of the recent transactions . On these conditions , it is stated , the King of Prussia will renounce his sovereignty .
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_ , April 4 , 1857 . ] THE ^ E AP 325
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SATTJBDAT , APRIL 4-, 1857 ,
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There is nothing so revolutionary , because there is nothing so unnatural and convulsive , as the strain to keep things fixed-when all the world is by thevery law of its creation in eternal progress . —De-Abnoid . ' . ¦ ¦ ¦ . ' - . .- ¦ ¦ ' '¦ ' . ? ' ¦ : ¦ ¦
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NOTICES TO CORRESPONDENTS . Open Council—The elections Jiave excluded all communications to our " Open Council" department ; but next week several of our correspondents'letters will appear . It is impossible to acknowledge tho mass of letters we receive . Their , insertion is often delayed , owing to a press of matter ; and . when omitted , it is frequently from reasons quite independent of the merits o-f the communica tion . " We cannot undertake to return rejected communications . Communications should always toe legibly written , and on one side of the japer only . If long , it increases the difficulty of finding space for them . Daring tlie Session of Parliament it is often impossible to find room for correspondence , even the liriefest .
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Citation
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Leader (1850-1860), April 4, 1857, page 325, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct2187/page/13/
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