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Leader (1850-1860), 28th February 1857, Edition 1 of 2, Page 202, Untitled Article

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      Untitled Article

      reply-, relied upon the evidence of Paddison , the secretary * and the transfer clerk , as conclusively establishing the fact , that the practice was to require the assent of the directors to be given . The affidavit of Mr . Brown ¦ was not sufficiently explicit to maintain this evidence . The Vice-Chancellor asked to be furnished with the evidence , and reserved his judgment . Mbs . Allsop again appeared before the Marylebone magistrate on Wednesday , when she was subjected to further questioning , and her answers strengthened the opinion previously entertained that her statements were not in accordance with truth . Strike at the Birkenhead Dock Works . —The * navvies' employed by Messrs . George Thompson and Co ., the eminent contractors , in carrying out the works for the deepening of the Great Float at Birkenhead , have struck . The men assert that their work is too arduous for

      the pay they receive . Attempted Suicide of a ¦¦ Crimean . Hero at Preston . — An unsuccessful attempt at suicide was made by Mr . Heath Heviland Chanter , late senior enBign in the 57 th Foot , in the public streets of Preston on Tuesday afternoon . The young- man , who is only twenty-one , is said to be the son of a justice of the peace in Devonshire . After hi 9 return from the Crimea , lie sold his commission , and a few days ago he obtained 31 . 10 s . from an officer upon a cheque on Messrs . Cox and Co ., London , where he had no account , and another sum from a second officer in the same way . He was tracked to Preston , and seeing himself watched , began drinking some laudanum from a phial ; but he did not succeed in taking much . He was arrested , brought before a magistrate , and remanded .

      The Theatrical Fund . —The annual meeting of the members of this body was held in the saloon of the Lyceum Theatre on Wednesday , under the presidency , as usual , of Mr . Buckstone . The balance-sheet showed a prosperous state of the society , and it was resolved to raise the secretary ' s salary from 4 ( H . to 80 ? . a year . The Unemployed . —Another meeting of the unemployed was held on Thursday afternoon on the site of th . e Smithfield Market , for the purpose of giving some information relative to the system of Poor-law relief , and also with regard to free emigration , to the colonies . About 2500 persons were present . The Funeral of the Late Earl of Ellesmere took place on Thursday at Worsley with great plainness . . ¦ ¦ . ' ¦ '•' .. ¦ "

      New Aeotic Expedition . —In consequence of . tlie adverse decision of the Admiralty in the House of Commons on , Tuesday , Lady Franklin is tinder the necessity of undertaking , on her own resources , the completion of the search for her husband ' s expedition . The late period at-which this decision is made known renders it impossible to make the requisite preparations for proceeding by the east . The western route by Bearing ' s Straits will , therefore , I ) e adopted . —Daily Netos .

      Untitled Article

      THE CONTINENT . The trial at Paris of the directors of the " Docks Napoleon , " which commenced on Wednesday , has excited a very unfavourable impression on the public mind , which ¦ was scarcely prepared for the barefaced swindling unveiled in the course of the trial . —The Sicck has received a second warning , for an article describing the labours which might be effected by the Legislative Chambers . This journal has been so firm and honest a friend to England , that it would be ingratitude not to sympathise with its tribulation . —Globe Paris Correspondent .

      A most violent and exciting debate , according to the Morning Post Athens correspondent , has taken place in the Greek Senate on the memorandum -which the Govcfnment had addressed to the protecting Powers , setting forth a brilliant , but , it is alleged , a fallacious , account of the financial affairs of the country . Some of the members accused Ministers of truckling to the interests of " Bavarian satraps , " and of insulting " magnanimous England . " The Finance Minister , says the account , trembled , turned white and speechless , and finally disavowed the document . The narrative lias an appearance of being coloured as highly as tlie Government statement of Finance .

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      Free Emigration to the Colonies . —A meeting to promote this object will be held at the Nova Scotia Gardens , Birdcage-walk , Bettinal-grcen , on Monday next , March 2 , at half-past twelve . The Borough members have been invited to attend . Accident at the Dolphin Brewery . —A man employed at the Dolphin Brewery , Broad-street , Rad-. ditto , slipped yesterday morning into a copper full of boiling liquor , and was immersed to his waist . He was speedily drawn out , but no hopes uro entertained of his recovery . The lluioATis Outrage . —The highwayman who shot at Mr . Oveiulou in tho neighbourhood of Reigato is believed to be in Liverpool , and thero is every reason to hopo that ho will soon bo captured .

      California . —The latest nowa from California is interesting . Governor Johnson , in his message , to tho Legislature , denounces repudiation , and recommends tho payment of tho illegally contracted State debt . Tho entire Shite debt amounts to only a trifle above threo millions of dollars . On the itth ult ., California was . shaken by a violent earl him nice . The shock , however , wan attended with but littlo damage . Thk Lu 3 i > iiill Collierv . —It bus now been resolved on to turn water into tho pit , no a . s fully to quench tho fire , and then to open the shafts . China . —l'maLc letters from Macao , of January 10 th , state tliaf . tho . Emperor of Oliiiui has placed the iivo porta of Iho empire , which aro open ( o Kuropcaim , in a atato of Nio {;«> . Should thin news bo confirmed , the coiikcqnenecd to Kuropenn commerce will bo very serious . — L (} PlH / 8 ,

      Ckyntal 1 ' alace .. —Return of adininsioius for six days ending Friil . iv , February 27 th , 1857 , including Heason ticket holder * , 81 ) 08 .

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      There is no learned man but -will confess lie hath much , profited by reading controvereies , his sense * awakened , and his judgment sharp ened . Iftfwi ? be profitable for him to read , why should it no ? \ least , be tolerable for his adversary to write ?— Milt ' ov

      Untitled Article

      " COMMON SENSE OF - THE-BANK CHABTFH QUESTION . " < " *""* JXK ( To the Editor of the Leader . ) Snt , —With reference to your article thus entitled . allow me to observe that if the opponents of Lord Overstone ' s views are beaten , it is their misfortune that , like Lord "Wellington ' s soldiers at Waterloo they are too dull to perceive' it . It may be owned that Lord Overstone has beaten all the opponents he has chosen to encounter . The supporters of monetary freedom , like other bodies of men , hare no doubt some weak brethren , amongst them ; and an opposing champion who makes a point of always singling these out may gain , many a cheap victory . There certainly are men in the world unwise enough to

      desire a paper money defined by nothing , guaranteed by nothing , except , indeed , by its reception in payment of taxes ; and the Overstone wiiters invariably assume that such is tlie desire of all-who impugn their arguments —just as Ferdinand of Naples counts all as anarchists who doubt the blessings of his rule . Let Lord Overstone and his disciples have done with this knocking down of men of straw , and address themselves to the facts and arguments of those , who , after having thought as earnestly as themselves , have arrived at a different conclusion , and are prepared to show their reasons . Let both parties earnestly try to discover precisely in what they agree and in what they differ , in order to reduce the question to its narrowest dimensions .

      Lord Overstone states tlie sole object of the act of 1844 to be the very proper one of securing identity of value between the paper portion of our currency and the coin for-which ; it officiates , so that a fivepound note may never become of less value than the five sovereigns , that is than the 1 ^ - oz . of fine gold , which it purports to represent . "We accept this as a sine qua non . We could no more tolerate a Kussian paper currency , with its paper rouble , worth but a

      fraction of its silver prototype , or an Austrian currency , whose paper florin is ( or but recently was ) in the same plight , than could Lord Overstone himself Let this point , therefore , be put at rest once for all . Our objection to his phin concerns not his end , but his means . Lord Overstone thinks his means efficient , unobjectionable , and , indeed , the only possible means ; whilst we regard them as of imperfect efficiency ( having broken down upon one memorable occasion ) , as attended with most serious collateral evils , and as

      quite inferior to other means which have born long years of trial in Scotland , Ireland , and France ; and as still more inferior to means which have been proposed , embracing the excellences of the Scotch , Irish , and French plans , without their defects . Lord Overstone ' s plan is built upon the assumption that , if we had never introduced tho use oi paper , but had confined ourselves to the use of coin , we should have possessed a currency as perfect as human means could make it , excepting as to economy and to a certain measure of convenience ; hence , that

      in order to secure tho convenience and economy of paper money without losing the other attributes of ft good currency , we must bind ourselves to use p aper to the precise amount of the gold we disp lace , never exceeding and never falling short of such amount This in appearance is plausible enough ; but will it beur a close examination ? What is the use of currency ? What the better aro we for having it ? What tho worse should wo l ) e if wo had it not ? Again what are tlie qualities ifc ought to possess in order to fit it for its purpose , and in what quanti ty must we have it , if it is to serve that purpose effectually ? transact

      A nation destitute of currency could only its dealings by means of barter ; and an infim ' number of dealings which wo , having the use of currency , transact with perfect ease , could not , bya nation so circumstanced , bo transacted at nil . -1 "C advance in civilization of a moneyless people , beyond n , very rude stnge , would bo next to impossible : a good currency would therefore seem an indispensable condition of high civilization . Tl . e use of currency , therefore , is to supersede tlio rude and ineuicieut plan of barter , and thereby ' > fueilitsite to the utmost those incessant iiitcrchii" ! , ' of commodities , services , and privileges which men resort to in order to obtain what they want iu

      exchange for wluit they huvo to spare . * Except with a view to interchange , first or ^' | , know of no ixna whatever of currency ; for to a poop not practising interchange , currency must be wuoiy

      Untitled Article

      Leader Office , Saturday , February 28 . LAST NIGHT'S PARLIAMENT . HOUSE OF LORDS . The llouso sat for a quarter of an hour , the only matter brought forward being the subject of the Murrain in Cattle , which , on tho part of the Government , it was said - would receive attention . —Lord Palmers-tost , in the Lower House , made a similar statement . HOUSE OF COMMONS . THE ARCTIC MEDAL . In answer to Admial Walcott , Sir Cimrlks Wood said . it had been determined to grant ones medal for all tho Arctic voyages to tbe officers and men engaged in them , and not a medal for each voyage .

      to know what was to be done with them . —Mr . F . rbderick Peel said that a great many of the Land Transport Corps officers had been put into the Military Train , and the others would have anallowance of five shillings a day . CHETA ADJOURNED DEBATE . The adjourned debate on . Mr . Cobden ' s motion was resumed by BIr . Warren , who supported the motion , and went more particularly into the law of the case , which he declared could not be controverted as laid down by Lord lyndliurst . —The Lord Advocate followed , and did controvert the law as thus laid down . —Mr . Whiteside

      supported tbe motion both on the legal ground and on the ground that the proceedings of Sir John Bowring in China were an outrage on humanity . —Mr . Horsfall opposed the motion , believing that the British Commissioner had kept strictly within the bounds of international law ; and he defended the Liverpool merchants against certain imputations made on them by Mr . Cobden . — Lord Robert Cecil supported the motion ; and Sir Charles Napier defended Admiral Seymour , and contended that the course pursued in China was the only one that could have been taken under the circumstances . — Lord Goderich

      supported the motion , and Mr . Benxinck opposed it on the ground of the effect a vote of censure on the Government -would have in complicating the state of things in China , and also because he preferred the present Government to any of that party which for many years had advocated anti-Protestant and democratic measures . —Sir James Graham , in supporting the motion , defended Sir Michael Seymour , urging that he had been compelled to act by the civil representative of the Crown , who left him no discretion . As regarded Sir John Bowring , he thought him , a man who formed strong opinions , always piishing tipm to extremes , and more remarkable for his self-confidence than his judgment . The Government , however , in upholding his acts , relieved bim from responsibility ; and he ( Sir James Graham ) thought that Sir John 35 owring believed he was carrying out the wishes of the Government . The Attorney-General having spoken at length on the law of the case , the debate was adjourned .

      THE SARDINIAN COMMISSARIAT . In answer to Lieut . William Graham , tho Chancellor op the Exchequer said that about 17 , 000 / . were duo to this country from Sardinia for commissariat stores iu tho lato war , of . which ly , 000 / . had been paid . SIR JOHN M ' nKILL AND COLONEL TULLOCH THIS VEUSIAN QUESTION . In answer to Mr . Lataiid , Lord Palmrrston said Si ™ * - ? , ? ~ 1000 ' - Cftch llfttI l ) eci 1 ™»< lo to Sir John M'No ) ll and Colonel Tulloch , but declined bv thorn . — Also , be said , on tho authority of tho Russian ambassador hero , the Russian Minister for Foreign Affairs , and ho could Btoto that thoro was no foundation for tho report of a treaty between Russia ami Persia-by which tho latter code , a portion of territory in Central Asia to SS Tv ¦ » c eot }« ti « na with tho Persian ambassador at Pans were still going on >

      XUIBWKBTITUTB HOI . « S' FAMILIKS AT COLOHKSTEU . lu answer to Sir John Tyuukl , Mr . F . ucmcu ok 2 £ i \ V ' - ° P 0 rt ° U tllC SUl > J eJfc oi " tl 10 ' ^ titutt of tU » soldiora' wvca at tho Camp at ; Colchester lmd been received , and would bo laid on tho table . ' "KI'ANI > TRANSPORT CORl'S . « mo « r ^?\? * KnG 1 <™ brought forwani tho cimooftho oflicars of the Land Transport Corp * , most of whom had boon d , Hl > amlod vrhilo a Cow of tllom Inul been put , tlir ^ . 'T ? ' Uary Tmin > lmt in ink "" " ... * ,, to tlioao which they held in thofc former cori . M . Jlc wiahod

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  • Citation
    • Leader (1850-1860), Feb. 28, 1857, page 202, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2182/page/10/