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hib J'WiWMM 'Wi^' ofD *&C o^eairer. A POLITICAL AND IITEEARY EEYIEW;
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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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enaeavour ^ o ^^^ JJ Q i ? K ^^ i ^ 'f ? S ? developing itself inio greater distinctness is ttie Idea of Humanity-the noble Vf aSa Gnunf ^ VZ $ riling te ~ tVif - K ^ £ n menlj y prejudice and one-sided views ; arid , by setting aside the distinctions of ofrlpi ^ tS ^ TSv ^ lSul ^ bold t s Cosmot Ke whole Huma 11 race as one brotherhood , having one great objecti ve free development
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;¦ _ . -: . . :: . ? . : ; ¦ ' . ¦ T OKD PALMERSTON and Lord Clarendon , JU though ' not deviating froaitlic firmness which has hitherto animated them , ' have yielded ; and having refused to refer the Bolgrad question to a second Congress in Paris , they have at last agreed so to refer that question ! They have yielded , we are told , in the full confidence that the IVench
investment in French lines . Thus , the most legitimate extension of public vforks in France is calculated to assist the efflux of capital which our Bank has already been called upon to check . The : journals are publishing the text of the convention between our Government and the republic of Honduras , touching the Mosquito Indians and property of British settlers on the main , or in Ruatan . and in the adjacent islands .
Those British subjects are to be secure in the enjoyment of their property ; the boundaries within which the Mosquito Indians reside are defined ; the border lands which they had claimed are surrendered to Honduras on payment of an indemnity in the form of an annual payment ; arid a joint commission is to be appointed for the settlement of disputes and grievances . We stated the main -terms of this convention some weeks
back;—in fact , just after it was sent out to the other side : our contemporaries are now enlarging upon its provisions , and find in it a convenient settlement for many of those pretensions which the English Government had maintained , and which had become so exceedingly inconvenient to us . The ' High' Church party t is placed under a pressure both from above and below . While Brighton is rising against the schools that have been munificently established there by a
Bebeb-Althoughwe can foresee trouble in the political horizon , the finarieier 3 of our Stock Exchange and the French Bourse ba . sk under' the present sunshine . Everything is ' favourable : ' the Bank of England has reduced its rate of discount to C-i per cent ., the French money market rejoices in the new project of railway extension for 1857 . The Bank of England , indeed , has in part yielded to pressure . Weave told that the rate is reduced iii
some degree , because without that ceremony the commercial world would not believe the panic past . The Bank raised its rate about three weeks since , in conjunction with that of France , for the purpose of checking extravagant speculation . The measures hare been perfectly successful ; but the money public , ive are told , will not believe in the complete success until the measure itself is discontinued . The suiall deorree to which
the Bank has lowered the rate of discount proves that the directors did not feel perfect confidence in . the aetiuil state of things ; and this is natural , since the causes of the late derangement continue without material change . Although a large quantity of gold , has been brought into this country , especially from Australia , it is quite evident that gold will continue to be exported to France , tind
most likely to Germany ; especially as Germany contemplates a larger use of gold in the currency , and the French Government has recently revived its proposal to adopt an exclusively gold standard . Tlxe export of silver from France , too , instead of being checked by the measures of Government , continues ., and it flows through England towards the East . The main characteristics therefore of
roito Hote , under the ministrations of a Woodard , Lord PAtMEitsxoN is using the opportunities created "by the death or resignation of bishops , to recruit the bench with the'Low' Church party . There is every probability , therefore , that the Tractarians will be placed jji a more disadvantageous position than they have yet had to encounter . The Archbishop of Canterbury is Low ; in fact , all the great authorities in the Church arc becoming appropriated by that faction . At the same time it must be confessed that Lord Palmerston ' s selections have been guided by the .
the stato of money matters which called for the rise of discount by the Bank of England goea on unaltered ; and the Bank directors , although they may be justified in meeting the public expectation by a reduction of their rate , are more than justified ia making that reduction so very slight . There are , indeed , some reasons for believing that the outflow of capital from this country will continue . The scheme of railway extension in France , for 1857 , will perhaps induce those who have accumulated savings ia that country to invest them rather at home tluin to send them for
desire to obtain hard-working churchmen , who would stimulate and assist the inferior clergy in a more strenuous exerciso of their ofl&c ; e and influence , than has been common ; ^ ifch ^ gjje . at numbers . Taken altogether , tliese clfa ™ oa-. lia"V . c" •» the tendency to diminish the dWisrotv . BraK ^ e ^ the Church and a large number of DisS&MHJ ^ ' ^ h ^ tfeea . - \ the Church , it may be said , and tj& ^ i& ' l&fly ' of \ the people . « *!! J ^ ji s * ¦ ' ¦ ¦ ' ¦ f .. - ,, Some recent events in the Chu ^ eliLf ^ pip ^ vi ! Jkolyj : to promote the same tenden ^ ^ . ? € > J ^ o ^ fiia : ' Anxhont Denison has been sharW ^ -J ^ &i ' tpy ' r ~
investment to Russia ; but it evidently extends the fiold of investment for the most venturesome of all speculators , the English . The sum of more than 14 , 000 , 000 / . will be expended , including 8 , 500 , 000 / . of advance on new shares or loan ; and probably the Barings , Ciiai \ l . ins , and Bax-ENOAiiES "will see their interest in extending their
Government agrees with them , and that they will obtain , from the new Congress a ratification of their own view on the Bolgrad subject , together with the Isle of Serpents , and in short the whole fulfilment of the Treaty of Paris . How far this expectation is correct wo shall ascertain in the sequel . The fact is , however , that after having stood out for some time , —after having boasted of a success with the help of the Count de Persigny and Lord Stratford de Redci . if . fe ,- —our Ministers have been beaten by Count Walewsei , M . Thouvenel , and Count de Morny , and since they have been beaten outside the doors of the
Conference , we know no reason why they should count upon victory within the doors . At present the whole prospect oi \ the Continent is that of an agreement between the Absolute Powers . The Emperor of the French appears to ; have gained his point , - by setting one against the ¦ other . The . Ozar Nicholas having refused to recognize hinaj ; he joins the English alliance , and he lias . beaten the Czar in the Black Sea ; now lie is recognized as the ally of Russia , he stands on a vantage ground towards Austria ; as the coadjutor
of Russia and Austria he has become independent of England . If ho had any disposition to check the speculative activities of the Count i > e Morny and other joint-atock jobbers of Paris , that disposition Ia 3 yielded to the one view of policy . There is every probability that the joint-stock mania wUl extend itself to St . Petersburg , probably to Vienna , if not to Italy ; and the commercial classes , already accomplices of the crowned heads and their statesmen , will ' go in . for a grander conspiracy than ever .
Aaus , the Emperor of Austria signalizes his progress in his Italian provinces by much affected kttontibn to the local and material improvement of the people . Exactly after the pattern of Paris ft"d St . Petersburg and Co . Francis Joseph also grants an « amnesty' in favour of the sequestrated Lombardo-Piedmontese ; but we fully ex-Pect , from the past , to find some snaro in the gift .
Hib J'Wiwmm 'Wi^' Ofd *&C O^Eairer. A Political And Iiteeary Eeyiew;
hib J'WiWMM'Wi ^' ofD * &C o ^ eairer . A POLITICAL AND IITEEARY EEYIEW ;
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VOL . Til . No . 350 ] SATUKDA ^ t , DECEMBER 6 , 1856 . Puice { SSS ^ :: I 2 ^^ -
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R M ^ MletoS . ^ K : ~ ...... .. usf I oScivYllE " ' ""'^ ' " - "" - "" - " S ?? , Mr . Disraeli at rteTuileries ......... 1166 ¦; TIxo Pavagreensat Paris .. .... ; .. 1 W 0 The Administrative Reform Asso- I owtuarv ' " ¦¦ ' im ' T 1 C Luvvof ^^ bLits .. 11 G 6 i Two Books on PMlosophv . ....... 1171 ciation 1131 Jliscell-uiiious "'""""'""" " •"• • iiSJ OPENCOUNCIL- f Tho " Household ' Words ''¦ Christ-A JSS ( SS 5 SSr . ^ ll 55 ~ = I ; :::::::::::::::::::::::-5 i . ^ Es lblU- •¦¦¦¦¦ •¦¦• - •¦ H ? ' = S * H s : : : : : : : Stato of Trade 1157 ' - -3 rurmui-s in Europe ..................... H 02 LITERATURE- Theatrical andMu ^ i » il TintM ¦ niT ^ The Orient nn 7 Itomc in Belgium 11 C 3 Summary HG 8 I xaeatrical ana Musical Notes ...... . 1172 Ireland 1157 The King of Prussia ' s Question ... 11 C 4 Historyof the French Peasantry- ; .. 1168 < Tiaa Gazette 1172 America 115 S An English 'Interior ' .................. 11 G 4 Aurora Xeigh ... / ............ 11 G 9 ! " "" . «• ' « Continental Notes 1153 ! ' Palmerstan in Panoply 11 G 5 ! Howitt ' s Visits to Remarkable i COMMERCIAL AFFAIRS— ¦ Shipwrecks .. 115 » 3 > uty of the Future in Franco ...... 11 GG ¦ ¦ = Places 1170 ' City Intelligence , Markets , &c ...... 1173
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Citation
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Leader (1850-1860), Dec. 6, 1856, page unpag., in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2170/page/1/
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