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No. 494. Sep.. 10, 1859. THE LEAD KB. 10...
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nt-GENERAL HOME NEWS. t0 tli Thf CornT.—...
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THE NATIONAL DEBT. A I'AiMcn of 104 pago...
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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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The Case Of Dr. Smetiiukst. To The Ed1to...
they profess , find poison , if poison there be , in the material they deal with . ^ ^ R . Radcliffe Pond .
No. 494. Sep.. 10, 1859. The Lead Kb. 10...
No . 494 . Sep .. 10 , 1859 . THE LEAD KB . 1027 j ^^^^^^^^^^^ p ^^^^ ECQgjgg ^ mp ^^^ BOSSO WiMBBCB ^ B ^ BJBKBOBJKM ^ B ^ MMmE ^^^^ PiM ^^^^^^^ ^^^^^^^""^^^^^^^ —
Nt-General Home News. T0 Tli Thf Cornt.—...
GENERAL HOME NEWS . Thf CornT . —The news from the Royal Family at Balmoral is simply that they are all well , and en- for n ° the amusements of the locality and _ the i ^ Vson The Queen has lew visitors—Lord John Russdi vSir Charles Grey , and Sir James CUrk £ So-a most the only names quoted in the Court rlmdar Her Majesty rides and walks in the ne . gh- bourhood of her residence , daily , and pays visits , to her neighbours , among whom the Farquharson ' s , of Invercauld , are , as usual , conspicuous . The Prince Consort has had a good deal of shooting , and on . these excursions is sometimes accompanied by the Queen and some of the children . The Lite Loud Henry SetjIoue .-The Pans 7 | foii * te « r publishes the following note from the Ge- neral Administration of Public Assistance : — " - Lord Sevmonr who , lately died in Paris , disposed of his fortune by a will , according to the terms of which he has constituted several charitable institutions of Paris and London , conjointly , his universal legatees . He has , moreover , decided that the portion of that fortune which is to come to the establishments of Paris shall be employed in the purchase of landed property , not to be resold . It is the duty ot the Administration to point out to public gratitude the name of this generous benefactor , who in thus sharing his property between the poor of Paris and of London , has contributed as much as was in his power to tighten the bonds which already so happily unite the two capitals of the civilised world . " . Tub Leeds Banquet . — The civic banquet which was held at Leeds at the close of the week afforded the opportunity for speeches by Lord Fitzwilliam , Mr . Beckett , M . P ., Mr . Crossley , M . P ., Mr . E . Baines , M . P ., and Mr . Milnes , M . P . The banquet was given by Sir Peter Pah-bairn , the Mayor of Leeds , and did not partake of a political , but . of a social character . Politics , indeed , were only incidentally alluded to , the speakers mainly confining themselves to ques- tions respecting the prosperity and progress of the town and neighbourhood to which they belong . Mills at Manchester . —There has been a meet- ing of factory delegates in Manchester , to protest against " one self-acting minder attending to two pairs of mules , " an arrangement from which very injurious results are anticipated . Another ? Great Exhibition . —The question of holding , in 1862 , a Great Exhibition of the Industry of all Nations in London has been revived , the war in Italy having smothered the proposal"for a time At present the matter is , as it was before , in the hands of the Society of Arts , and it is their mten- tion to bring it prominently before the public . No doubt can be entertained of the propriety of a se- cond Great Exhibition in London , if only we can be assured that its success will be equal to the first but this is the point upon which some doubts are entertained . The subject , however , may , in the meanwhile , be fairly and fully discussed . Sunday Bands . —The fourth season terminated on Sunday last with considerable success . The favourablo weather brought unusually large atten dances , and everything passed off with the greatest satisfaction both to the committee and tho vast assemblages . In the Rcgorit ' s-park , whore , as usual the numbers and receipts wero the largest , the per formance extended until withjn a fo . w minutes of the closing of tho gates , yet so rapidly and orderly did the multitude disperse that tho park was clear by tho appointed time . Public IIbai / mi . — According to tho report of the Registrar-General for tho past week , tho health London . is improving , and the mortality is below the average of the season ; tho registered number deaths amounted to 1 , 047 , boingsoventy-six loss than tho ordinary average number ( 1 , 1 ^ 3 ) coi-rectod lor increase of population . Tho births of 878 boys and 833 girls wore rogisterod during tho week . Bishop Oaur . —Tho rector of Bath , formerl Bishop of Bombay , died on Monday , at Bath . About three weeks ago , tho right rovorend gentleman , then in good health , was soi / . ed with paivilysis , and gradually sunk . Mo succeeded , a few years ago , tho Right Hon . and Rov . W . J . Brodriok , upon that gentleman becoming a resident canon at Wells i and by his pioty , charity , and freedom from Intolerance , has gained the good-will of the whole city . 1 ho rectory is in tho gift of tho Simoon Trustees -, and as soon as Bishop Carr was informod that his recovery was hopeless , ho at once resigned . Diplomatic— -Major-General Sir ITonry C . Rawllnson , K . C . B ., tho newly accredited Minister to tho Court of Persia , has loft for his poet , accompaniod by Dr . Dlckson , attaohod to her Majesty ' s Legation ftt Tohoran ,
' ¦ ntt 0 tli A ' ai m tc eJ e , e : ai T n ( st a , b ( tl a Xl st ir cl s ( O ( g a a t ] 0 f < ^ . a d u n c o j , j j ^ ( s > i , i 1 g ] t ; i f i ] } ¦ - ' , - of ot y A Former Big Ship . —Saunders ' s JYews Letter u : gays : "A noteworthy fact is that the ship tl nearest in size to the Great Eastern arrived in i : England from America about thirty years ago . . She It was called the Baron of Renfrew , was 600 ft . long ,- £ and was composed of large logs of timber clamped 1 ) together in the roughest manner . It was predicted w that she never would steer , never would cross the 1 Atlantic ; but she did , and immediately upon her tc arrival was broken up . Indeed , she was nothing di more than imported timber , having been patched w together to avoid the timber duty , which was then o 1 exceedingly heavy . She fulfilled her mission in as every way , but the Government was down upon tt the new dodge , and prevented any repetition of the b exDeriment . " , ° Barnet Cattle Fair . — This week the great w annual fair a't Barnet was held for the sale of cattle , g There was a very large assemblage of persons , and o : nearly all counties were represented by the principal ti stock breeders and dealers . The counties of Hereford p and Devon contributed some of their best grazing lc beasts , and were the principal suppliers of . cattle to q the demands . Yorkshire was fully represented by 1 a field of excellent and choice-bred , milch cows . ^ Ireland imported some large droves of well-bred 1 stock to the fair ; Scotland gave an additional r importance to this great mart by its production of t choice polled Scots and well-bred steers ; Wales 1 sent some large herds of black cattle , which ( occupied a large portion of the fair . There was a o good demand for best description of grazing stock ; c and , notwithstanding the high prices asked , an a active business was done . _ , ; Dr . Julius , of Richmond . — Dr . Julius writes to a the Times , that he was requested to attend the omee t of Messrs . Symes , Teesdale and Co ., the solicitors t for the prosecution of Smethurst , to answer certain a questions , he believes suggested by the Home Secre- c tary , and his answers were corroborative of the evi- i dence he gave at the trial . "I can truly say , he c adds , " that neither Mr . Bird nor myself feel any ) desire to be relieved from a responsibility which has « unavoidably been incurred by the discharge of a most painftil duty to society and to ourselves as conscientious men . And I would also add that our « opinions as to the cause of Miss Bankes ' s death have not been in the slightest degree shaken . The Liturgy . — The past week has produced an interesting . and important correspondence ^ relative to the revision of the Liturgy , a question wluch the Parliament will have seriously to consider , and one which is kept alive by opposite parties in the Church who are equally anxious W ****™*™ ' should proceed as their oavu theological uiclinations would dictate . The shortening of the service is the v main point , and upon this point there is considerable ; unanimity ; but as Lord Ebury has been told that i Kymen do not wish it shortened , he is taking active i steps to ascertain their opinions on the subject . » The Riots in St . George ' s Church . —The Rev F * G . Lee has addressed a long and able letter to s the daily journals , complaining of the neglect ot the ; authorities , and claiming his right to be protected i from the ruffianly mob which weekly assist at s the evangelical outpouring of theRev . Hugh Allen . Mr W . J . Thompson , churchwarden of St . George si in-the-East , contradicts the statements of the Kev . " F G Loo as to the occurrences on Sunday last ; I and observes , " At the conclusion of the evening t seevice I accompanied Mr . Lee and the choristers to t the vestry-room to protect them from insult , and on I my leaving them in the vestry-room Mr . Lee ex' pressed his thanks for the services I had rendered I to them . I therefore feel much 'surprised at the A charge of neglect-of duty imputed to me in Mr . v Lee ' s letter , more especially as ho was an oye-wity ness of tho arduous duty which I had to perform in endeavouring to preserve the peace , and prevent a % disturbance in a congregation ot upwards of 1 , 000 f persons . Tho Bishop of London , in a letter winch * ho has penned relative to the disturbances in bt . > f George ' s-in-the-East , repeats an observation which II ho had mado in tho House , of Lords , to the effect V that ho thinks clergymen have the-power to shorten d the service , ovon without taking tho advico of their bishops , by omitting tho Litany , or' separating it y from the morning service . it ' —
The National Debt. A I'Aimcn Of 104 Pago...
THE NATIONAL DEBT . A I'AiMcn of 104 pagos , published by order of tho House of Commons , givos some most interosUng particulars relative to the National Dobt vf Grout Britain . It contains an account of tho lorms , Xgn , and progress of tho dobt from 1003 to Ho Slat March ; 1858 . Tho forco of contrast . will bo oxhibitod by a ' statomont of tho fact that inj 1 om tho : funded dubt was only £ 1 , 200 , 000 and tho unfunded XO . , 207 ( in navy bllla and lonnB ) . i . o ohurgo for interest in that year was *•» W '* ° . u { ° funded , and 454 . 04 , 801 * for Jl » o « nAndod debt , in 1858-0 , on tho other hand , the . funded doM o * ! Great Britain and Ireland amounted to £ 780 , 801 , 104 , tno
, nfunded debt to £ « " 277 « 400 , and the interest I hereon payable on the former to £ 27 , 743 , 215 . la 793 the year of the outbreak of the French revoitionary wars , the funded debt amounted to 234 034 s , and the unfunded to £ 13 , 839 , 718 . In 81-6 ' the- ' year after the great peace , the funded debt as ' £ 816 311 , 941 , and the unfunded to £ 44 , 727 * 108 . he history of the debt is interesting , but too long ) r detail " ^ Previously to the reign of William III ., uring which our national debt in its present form -as commented , by : the creation of a funded debt , anl f life and terrain able annuities payable by the btate , s well as by the first issue of-Exchequer-bills , lie public debt consisted almost , wholly of sums orrowedupon the security of tallies of loan and rders of repayment , the principal and interest , of rhich were charged upon various taxes or duties ranted by Parliament . This more ancient mode f raisins money by loan was not , indeed , disconfnued until a mucii later period , the alternat ve , ower of raising money on the security of tallies of 3 an and orders of repayment , as well as by Excheuer-bills having been continued till the year 1808 , Che practice of anticipating the revenue by meansof . allies dates about the time of the Norman Conquest . Che Jews were also a very available source of evenue during the middle ages ; " the Jews fleeced he Kine ' subjects , and the King fleeced the Jews . Loans continued to be raised on various securities including the King ' s jewels ) for a long periodof iur history ; but in the earlier periods loans were ontracted by the Sovereign upon his own authority uid upon the security of his own property or reveiuc ; whereas , in process of time , the burden of debt , vas shifted from the King ' s shoulders to those of ; he people . The first step of . this process appears ; o have been taken in the reign of Henry VI ., ivl . vhose reign several instances are cited ( b y Hansard ) > f the authority of Parliament being given to the King ' s Council to make securities to tne _ iungs . -redltors for loans of specified amounts . In 14 dO Henry ' s debts amounted to the " enormous sum of £ 372 , 000 , and the Parliament was then obliged to-» assist" his Majesty , whose reign furnishes _ one . of the first examples in English history of a debt being contracted on that species of security Much money was raised by anticipating or discounting the revenues The " Farmer ' s Debt , " called . ^ was contracted by Charles I ., and when the Long Parliament became paramount in his reign , many of the poor farmers ( of the Customs ) were left m the lurch and obliged to end their lives in prison . A considerable number of such persons appear to have suffered " martyrdom" for the Royal cause in . this way . After the Restoration the practice of discounting the revenue , or borrowing on the security of taxes , was a common and continual resort of the then Chancellor of the Exchequer . A more formal ana systematic mode of thus raising money in anticipation of revenue was commenced in f 664 , under the 17 th of Charles II ., cap . 1 , for granting £ 1 , 250 , 000 to the King ' s Majesty for his present further supply . This Act appears to be the first Parliamentary authority for the issue of negotiable public securities bearing interest . It was provided "that a register should bo kept at the Exchequer of all moneys paid or issued under this Act , and that it should be lawful for any person or persons , willing to lend any money , or to furnish any wares , victuals , necessaries , or goods , on the credit of this Act , at tho usual times when the Exchequer is open , to have access to and peruse all or any pf the said books , " & c . " That all persons who shall lend any moneys tp vour M'tf ^ ft' J pay the same into tho receipt of the J « ° hoquor * shall immediately have a tally of loan struck for the same , and an order for his WW ^ HKJ ? same date with his tally , in whie > ° /;^'^ f LHfS ^ a warrant contained for payment of interest lor forbearance , after tho rate of £ 0 per cent poi annum , for his consideration , to bo paid every six napivUw , ! SBSSS : » s Undo ? TrcusuS o / tlio Exchequer , and to lw rogis-Sod and imid in course , without undue preference . SisSHS 2 = tors administrators , or assigns , by indorsement f lS orderor " warrant may assign and transfer his torcst and benefit of such warrant to any other ; 1 idi tol K notified and onturod in tho registry or warrants shall entitle such assignee , & c , to the benolle " and payment thereon ? and so toUas , tjuoUos , £ ?•» It was further provided that intorcst at A <> l £ cent wm to bo allowed on advances of tho tax for six months or more , tho receiver being authorised t uns o " cSonMr . Spoukorthu 8 addressed th « Klni at tho prorogation , on tho conclusion of tho Boaifen 3 lit of October , 1005 :- " To tho end your Ma o ° ? y' » occasions may bo supplied with ready luinay before this additional aid can bo raised , weave by this BUI i > roparodan undoubted security for |
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Citation
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Leader (1850-1860), Sept. 10, 1859, page 7, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_10091859/page/7/
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