Current:

Leader (1850-1860), 5th December 1857, Edition 1 of 2, Page 1167

Page 1167
Page 15
15 of 24

On this page

  • Text (4)
  • Transcript

    • 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.

      Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.

      Untitled Article

      th « f ifee straits is » to ( mt trr « aiy' -oi ! M lotos , aiad ifoe ordinary depth from twelve ourteeaiatlioaas , with , a cnalk foundatipn . ; < wae striking adTania ^ e of the projected Ige over the tunnel -would foe that , al » ugh of tubular formaiioii , it could be so stracted as to lie perfectly illuminated "b y light of the sun ., au 4 perpetually

      yenti-> d Vby Va free current of air . W « are not » rmed what the estimated outlay 'would This , however , is Vail important iteib . In < salculatloru We have large faithiu the pers of our engineers , t ^ e modem Anakiaa science , tliat we believe they may achieve thing within the limits of physical lav ? li physical means . But -would ihe underingpay ? V ; ¦ V- ; : ' " > " V- v ..- V :-:. VV- : - - v ¦ "• V VV- 'I-

      Untitled Article

      BANKING MQEALSQE GLASGOW ; . sgow has had a field day . The Chamber of amerce assembled to take into eansideaiatioa . the ik Acts of 1844 and 184 : 5 ; , and to propose i-esolu .-iS thereon . ^ We have always been jierseveringLy » ht , by our Northern friends , that the Scottish ting system is greatly superior to our own ; so sat down with reverent spirit to ponder the ¦ -. wistof the XSlasgbw sa ^ es ; and if we came to the clttsion tliat tlieir ideal bank and the Rojal ash Bank of London were identical in spirit , we e we sliall be excused when we point but to our lees what the resolutions were that the Chamber

      jed upon . V ^ 'V ^ .- '¦¦ . ' : ¦ ¦ ' . ¦'' . -- > ... \ .-: ¦ ¦; . ' ¦ ¦ : \ .. r-V V ¦; ¦"' ! he first was , that & large Increased issue of ik of England notes is ^ v urgently called for . i elegance of the language is not more ; striking i the boldness and simplicity , of the " conception . i ; panacea , for all comniercial calamities is niore er .. The over-dosed patient sinks / beneath bis ) uri ; te nos train-- — -the remorseless quack continues favourite remedy ^ more pills . V '; VVV V ? he second resolution stated that somethingit is not very clear what—whether it is the loyoly of bankihg-r-or freedom of trade— -or

      aneement of agriculture— -for the wording is i a Scotch mist- —something would be greatly naoted by the forniatioii ; of more joint-stock ks . The GttAiNCELtOit . OF / THE EXCHEQUER -coiifirined us simple people in the South heVnotion we entertained , that Glasgow had had ittle too much of modem joint-stock banking , such thing . Glasgow wants more , The Barik Scotland , the Royal Bank , the Union Bank of > tland , tbeV -British Liiicii-- Company ' s Bank , the aimercial Bank , the ^ NationalVBa . uk , the Clydes ^ e 35 ank , do not give sufficient accommodation for

      sli ardent spirits as Mr . D . Sandhman , Mr . ir / ran Buchanan , and the members of the isgow Chamber of Commerce—so , on the housoeohic principle , that ' like cures like / they would ledy the evils of joint-stock banking by creating re banks of a precisely similar character . Che fourth resolution affirms "that- . the''high rate interest is produced by the Bank of England and ; JJauk . Act , although we have the olearcst evivoe that the Bank of England cannot possibly y the market rate , thai it only confirms the rate sting out of doors , and that the price of money ,

      of every other article , is regulated by the eternal rs of demand and supply . At least , the evidence lave is siitisfactory to Southerners ) although , ) bably , not sufficient for the keen wits of the irth , who would be able , no doubt , to prove , with lal satisfaction to themselves , that the nine and i pei" cent , of Paris and Hamburg , and the thirty ; cent , of New York , were all equally traceable tie capricious "working of Peel ' s pernicious A . ct rhc fifth being the final resolution , of course caps 5 whole— -finis coronat opus . The Chamber is to tition botli Houses of Parliament for the repeal the Acts of 18 M < and 184 . 5 !

      In vain ISir James Campbell moved ti moderate lendment , petitioning Government to inquire ncially into the monetary laws of the country , vain did ho offer a few sensible remarks , which sre eahnJy seconded b y a Mr . Jamieson ; the nictary destructives had their . full iling , and the asgow Chamber of Commerce affirmed tlio famous solutions which we have recorded . The arguments in support of the resolutions were > st convincing to the Glasgow Chamber , and not all contradictory to the minds of that enlightened scmbly . Mr . JJugiianan had never heard of ortraaing—it was all new to lain . " No doubt ;« disclosures had shown tlmt various parties had

      tod too awwch tank aeo © mmodation rendered them "fritbsratj 'perhaps , stfficicnt consideration , but a single solitaTy fact likei ^— -- —^ "We fear to ^ ^ weary ottr readers by quoting farther'from such a mixture ¦ of comniercial innocence ^ and parHameiitary sianpli-: city . / : ; u'VV . - ' . . : ¦ ¦ : ; - ' . ¦ ¦¦' . . ¦ ¦ ¦ ¦ ; ¦ -V ' - V : ; . ¦' ¦¦ ; - '¦ ¦ : : ' : . - , ' ¦ : VV :- : ¦ ; ¦ ' Aiter : compjUuniTig bitterly of the high rate of intereatj lie says that the Bank of England should , in times of pressure , liave power to raise the price of gold ; but ke does aiot eee that ^ te higb rate of interest of which he complaiHS is precisely the Qssme ikm . g as a kigh price for gold . > Mr BucEAkA'N ' s warm supp 4 srier was Mr . Sxia-¦ laisrG Of Ejehmure , who had the merit of beiiDg ^ if lUl / 111 |

      WUpt ^ ^ OIJJ . I . ' UJ . V . U . ULJ , J ~ 11 ^/ J-ll £ ^< l . **/!*> tUCUJ . tll& XU . \^ ULXUKiL for Glasgow . He would have Goyennheht impose a duty on exiported gold , ; or * let us have a sliding soale to regulate discount on balls , which would easure what ye all agree there dugbt to be— -firte trade iai ; paper , limited of course to some exteB . t . ' Tidak is , T , ye are to ijave Goyemiment interfering with our exportSj 9 xx& fixing pur rate of iaterest , that we may enjoy the blessings of free trade according to the newest -Glasgow ^ notions . It is also proposed to have one-pound "English notes convertible 'into

      receijts for taxes , but not into gold ; -so tfiai Qoveriimeiit , by having a sliding-scale ( anotlter sHdipgscale ) , could issue a sufficient quantity of ; paper , v ^ hach woiild he absorbed by the tax-eatherer each yeat '; but what use such paper wouldjjej except to light the tax-gatherer ' s pipe , was not explained , We only hope , when wes call in Threadneedlestreet for our own little modest dividend ad Consols , that we shall not be offered any of this tax-gatherer ' s mysterious paper , which is of a character far too meta , physical to satisfy the claims of pur matter-offact butcher and baker : :

      Untitled Article

      D&PTAIN HODSQN 7 AND THE PBINCEB 'VV- ' - JV : VrV- - ' -V- ;; V 0 DELHI . V : , / - VV ..: V . V . r '' - ' -V- ; - W " 33 have little right to- ; treat as -authentic airy ( account yet pubUshed ; b £ the cx : ecution of the three Delhi Princes by Captain Hodson , No narrative froin his o > vn pen has been made public ; ikdr has the incident been . any where officially stated . Keyertlicless , a very slight g-roan has been heard , which we cannot in the least comprehend . Captain H 6 psoir ' s act was one of ^ zrare judgment andV courage , and reflects tlie highest credit upon him as a soldier and a , man . Let us accept the existing evidence , imperfect and . doubtful as it is , remembering- ihai

      upon tins has been foauded an imputation against themilitary honour of Captam Hobson . After the city had been stormed and cleared of the rebel ariny , lond explosions were heard in the distance , and BLodsojt , judging that the Sepoys were blowing up a camp , volunteered to go , with seventy-five horsemen , and ascertain their movements . Not only did he gallop with his little troop almost entirely around the ramparts of Delhi , but he rode into the Sepoy camp before the last of the rebels bad quitted it , and cut down a number of stragglers . Next ^ he undertook to brmg in the old King , with his sultauaj which he accomplished , sparing the lives of both ; and his third aehievement seems to liave been the capture of the three Imperial Princes . He had

      stdl only his hundred Sowars , and the Princes had taken refuge within the tomb of the Emperor Humatttn , beyond tlw citadel of Pexoz Shah . This lyuilding , rising from the centre of am immense platform of masonry , supported on every side by at' - cadcs , _ and ascended by four vast flights of st « ps , is of solid construction arid spacious proportions , the Central circle hall being surrounded by numerous cliambcrs of smaller size . Here the two sons and tlie grandson of the Mogul were ensconced , and about them swarmed an immense armed rabble . Hodson compeU . cd th « Prhices k > come out , and sent tiem forward under escort , vliilc , with . a few men , he entered the tomb , and bearded the huge multi tude of ruffians . Then followed the incidents to

      which we would draw particular attention . Overtaking the retinue of his three prisoners , he was confronted by a prodigious concourse of people , bristling- with arms , ' who turned against him . ' Here was a British captain , with one hundred Indian troopci-s , in the midst of a host , with three ringleaders of the rebellion in his presence . His determination was the work of a moment . With a coolness that awed the hostile mob , he advanced close to the Princes , connnandcd silence , recounted their crimes , and asked what punishment was due to them . "Then , with th « i ' ullconscnt even of the natives who witnessed the scene , those scoundrels wero shot—it is said by Captain IIodson ' s own hand , a former accovuit asserting that ho had them executed

      by themen under iiis orders ; but , in either case , so far froth bemgHama ^ le , he is a glorious officer , and stands _ marked for a high reward . His vigovrr and galiantry , at that moment , probably prevented a slaughter , m ^ Mch his owk troM ) rraght have been severely cut Tip , while the chiefs of the rebellion mglit haye escaped to reaniauate the insurgeat forces , and tkus prolong the desolation of I £ dia . . Ihe effect , say the local journals , V was wonder > iul * ot another hand was raised , not another "wseapon levelled ; and some influential Moulvies amooog tfee bystandfers exdaimed , as by simultaneous i ^ uke , W ^ th ^ r

      crnne has met with its just penalty ^ these weare they who ffa , ve ^ the signal for the death of helpless women and children ^ and outraged decency by the expostire of tlieir ; persons , and now a righteous mdgBieait _ has fallen mpon them . iGtod is great ! The mma&WBg weaprcaisVwei-e then laid down , arid the cidRFd slowly ^ aod quietly dispersed . " The English jaublic , ' -will protect tue reputation of a gallant officKr . who ; under the most critical and unprecedented circumstances , cut off three powerful ringleaders of the rebellion , and awed thousands of araied iaen into subxmssioa . ^ Che escape of the Priaces would have been a Bigaal calaBat yi their puju ^ slimettt siras simple justice ; but Captain Hoa > - som ' s maiiiier of executing it entitles him to rank

      with the brilliant coliort which one day , we hope , England ^ vitl . welcoin 6 ^ home with ' .-. « snout louaex ttwin all m ^ ESHj , loftier thsoi ail armies of ^^ triumph ^ more . ^ addeaiag to the soldier thaaa garlands e « r stars . ^ Thehimdred SQwars who rode wifcli \ H . a&SGS 3 X had ; seen the dead body of ah Enghsh lady criucified—had seen an English girl chained naked to a bastion , where she must have raved in frenzy , until a shot from a British . caimon sntiote ler---had seeii the ohaasibers of > the Imperial Palace stre-wti with the cloithing of our murdered country women ; arid when ¦;; tleir captain sliot the cMef ^ autJiQi-s of these crimes , ^ yr- ~ though Oriental soldiers- ^ - ^ id not groan , but applauded , and with them will be the sympathies of Englaucl . : . ; ' , ' /

      Untitled Article

      Untitled Article

      Arrs » RALtA .-r—M « £ Il )» urne , at tbe tinae wb « ti tbe 3 aet despatches left for England— -about the tnkidle -of SejU tember—was ina condition similar to thatin which nabst of our large towns are now placed . The streets were filled with unemployed artisans ; and , as immigration was continuing at n yeiy Wgh rate , and peojile generally showed a great indisposition to igo to the diggings , there Was much distress . The immigrants , also , are for the most part men . With families . * Fhe building speculations have decreased ; sotliat , in tMs direction there was Jess demand for workmen .. Great distress , inopeover , is caused by th . e immigration of ivorkmea for whose particular species of labour there is no demand . "A

      shoemaker , at a meeting of the unemployed , com plained that ie could not get work in fais own tradeV the reason of which is , that boots and shoes are always imported from England . Another class always in eaccess in Australia is that of clerkSi There has lately "been Bbme depression in trade , owing to iindiuy large imports ; but the productioa of gold was increasing , and it -w « b hoped that tbe unCavourablo state of the labour market would shortly give way t 6 a brighter condition of things . " There have been changes of Mimstry , * " says the Melbourne correspondent of the TVntea , " in New South Wales and South Australia . In the former colony , the Parker Ministry lias beea defeated on the Electoral Bill

      by a majority « f 26 to 23 . The bill proposed , a very unequal distribution of electoral districts , -and the vote was taken on Mr . Cowper's motion that the bill be read that d-ay six months . On the resignation of Sir . Parker ,, Mr . Cowpor was sent for . His Attora « y-General will be Mr-Martiu ,-who was an attornoy , and was- adroittod . aa a barriatar , on the occasion of bis accepting office before . Ho baa practised in that capacity ever since , and it is said has conciliated Jbiis former oppononte Mr . Lutwych « will take the Salicitor-G » oncr « b 3 bi , p with a seat in the XTjiper Hpuse . " In South Australia , the new

      Ministry is thus composed : —Messrs . Totxena , Chief Secretary ; Andrew's , Attorney-General ; Hoghoa , Txeasurer ; Davenport , labile Wbrka ; and M'Deriaott , Crown Lauds . Acoinmitteo of the Melbourne Assembly , moved for fcy Mr , Gavaa Duffy , lias been sitting on the question of a federal union between the Australian colonies , and lias presented a . report in Xavour of such a measure , rho House of Assembly has determined upon the formation of two railways , one from Melbourno through Castlemaine to Sandhurst , to hes continuod to the Murray , and the other from Geolong to Ballarat

      The Wisst Inmks . —The Jasfc advices from the West Indies bring very little news of moment . At Grenada , the Logisl « tnro has been op « ned by Lieutenant Governor Kortright , and adjourned to the 1 . 6 th of tho present month . Tha M . Thomas ' s IVdanile of the lltU ult . publishes a decree from tho President of tho Donaunioan Republic , -placing under blockade all tlw ports of Santo Domingo , execptinff that of the ¦ cap ital . . Tiio « elwid 9 gerierftlly - ^ ere healthy .

  • Citation
    • Leader (1850-1860), Dec. 5, 1857, page 1167, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2220/page/15/