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lli4 THE JLEADER. [No. 296, Satohdav,
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LORD JOHN RUSSELL AT THE MANSION HOUSE. ...
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PRINCE ALBERT AT BIRMINGHAM, The first s...
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AMERICA. An uneasy, jealous feeling stil...
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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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.
Oub Civilisation. Attxkpt To Hahqa Baluf...
*^ ssasa «»^ irti ^ counseTwIio ventured upon such ground whether he would like fco take his costs out of the residue which Remained at the termination of the suit . Such a proposition Was effectual in bringing the present hearing to a close ; aad the Master of the Rolls said that it appeared to him the only way to briog the matter to any settlement at all was , that he should take the papers home , and draw up such a decree as would beBt conduce , in the opinion of the Court , to the interests of all parties . _ _ slackness
WDMAN-BKA . TINO . —There has been a lately in these cases ; but still we have some to report . Henry Jones and Sophia M'Cann , costermongers , were charged at Clerkenwell with an assault on -Mary Sullivan and on her husband . The outrage arose out of a quarrel at a public-house , when the female prisoner , seizing on Mrs . Sullivan , attempted to gouge but her eyes . Her face was savagely scratched , and Jones kicked and beat the poor woman and her husband . . Jones and M'Cann were condemned respectively to four and six months' imprisonment with hard labour . —At the Thames police-office , Samuel King was sentenced to six months' hard labour for ill-using his wife . This was his fifth conviction ; and he was known to be a confirmed drunkard , who constantly lef t his wife and children in a Btate of starvation .
Hocussing . —A lad named William Bray was sent by his master , a farmer and publican , to dispose of some hay at Knightsbridge . When there a man came up , and , after some bargaining , agreed to give the lad three guineas for the hay . He then took him , under pretence of having the hay delivered , to Lambeth , where he was introduced into a public-house , and had half a pint of beer , after drinking which he felt very Bick and stupid . The man gave him a paper ( which proved to be covered with scribbling , written over a receipt stamp ) , and five shillings for himself , saying that he should call and pay his master the three guineas . A companion of the man , however , was given into custody , the man himself getting off . The person seized was an individual named William Giggs , an old offender ; and he is now under remand at the Lambeth police-court .
The Abebdeen Bank . —All the features of the most disgraceful failures of recent years seem likely to be reproduced in a suit which came on for a further hearing last week in the Edinburgh Court of Session , and which promises a harvest for the legal profession equal to anything ever yielded by . our own Court of Chancery . The case is that of the Aberdeen Bank , and , although it has already been five years in progress , and the interests involved are of a momentous character , the period of its termination is believed to be altogether beyond conjecture . The proceedings are in the form of an action brought by a proprietor against the directors for the recovery of the purchase money of his stock , in consequence of malversation and false representations on their part . It appears
that the Banking Company of Aberdeen was established in 1767 , and that in 1828 the deed of partnership was renewed for twenty-one years , when the capital was fixed at £ 250 , 000 , in shares of £ 100 each . Among the chief instances of misconduct Bet forth by the plaintiff is the opening ox five accounts on which advances -were originally made to the extent of £ 146 , 000 on insufficient security , which were ultimately increased to £ 521 , 727 , or more than double the capital of the bank . It is further charged that , while the establishment was thus being ruined , the directors up to the year 1840 continued in their annual reports to represent that its affairs were in a
most prosperous state , and to declare dividends varying from six to nine per cent . Subsequently they acknowledged losses whioh they attributed to a decline in the value of Bank of England stock , a robbery of the bank , and other causes , and announced that the capital had fallen to £ 50 , 000 , A call of £ 50 , 000 was then made , and at the same time the nominal value of the shares was reduced to one-half . After this the presentation of favourable reports was renewed , and dividends of five and Bix per cent , declared , until , in 1840 , all fur ther concealment became impossible , and £ 7 , 000 was found to be the total in hand . —Times .
Lli4 The Jleader. [No. 296, Satohdav,
lli 4 THE JLEADER . [ No . 296 , Satohdav ,
Lord John Russell At The Mansion House. ...
LORD JOHN RUSSELL AT THE MANSION HOUSE . ( From the Edinburgh News . ) Thhbe is still an outward semblance of war feeling , but tho efforts made to fan it are the best evidences of its felt feebleness . Ask merchants behind their counters , or tradesmen at their desks , and you will find the popularity of tho war waning beyond power of resusoitntion . Tho men who cheered Lord Palmeraton at the Lord Mayor ' s dinner , and , who , to their everlasting diagraco , hissed down Lord John Russell—he who , more than any other man , had given them the political privileges they possessthese men do not ropreisont the commerioal classes of thin country any more than they " pay tho expenses of the ' war . It is vain to deny that a portion of the people thrives on war . " War prices " has always
been a phrase agreeable to agricultural ears , and many reap fortunes out of the miseries of war . These , however , are the few , while the sufferers are the many ; and nowhere could a larger audience of the select fortune-making class be found than at a Lord Mayor ' s dinner . Thirty or forty millions sterling is yearly being spent in this contest—that is , drawn from the pockets , or rather from the cupboards of the people and stomachs of their children . But where does it go ? Where , but into tho pockets of the clgss that cheered Lord Palmerston on Friday . They are the men who make or sell all that Government wants , often at such prices as they please ; and , like other men alive to business , they will be delighted to pay double iucome tax , * f by so doing business , profits can be increased fourfold .
There is another point on which the people will not always remain ignorant , and one on which increased knowledge will produce increased dissatisfaction with those cheerers of Lord Palmer 3 ton . They , forsooth , bear the burden of the war because the masses pay no income tax ! Never was there a more reckless reason given to cover a desperate deception . The reverse of this is nearer the truth . The income tax falls heavily on spinsters—those whose incomes are from realised property- —and upon clerks , artizans , and servants with fixed incomes liable for the tax . But these merchant cheerers pay income tax on profits , and these are levied from consumers , so that the working man not only pays his own share of indirect , which is the heavy end of taxation , for the war , but
the consuming classes also pay the income tax of the merchant in the price of what they eat and wear . But even were it not necessarily so , these merchant princes who surrounded Lord Palmerston might well cheer him on to war as a mere business speculation . They , too , form the speculators , the class who are at this moment making fortunes by starving the poor out of the necessaries of life . Bread has already reached a famine price , and the speculators boast that before winter is over they will take a shilling out of every four pound loaf . Wheat having reached the maximum , sugar is being operated on , and within a few weeks has been raised by speculators to double its former price . When sugar has reached a rate to satisfy cupidity , tea , coffee , and other necessaries will These merchants cheer
be operated on in time . on Lord Palmerston to -war , knowing that in peace they could never double their wealth by doubling the price of the nation ' s daily food ; and—men whose credit or command of capital enables them to extract 6 d . of extra profit out of every shilling of a working man ' s wages , may well afford a halfpenny to Government as income-tax , and cheer the Minister who promises that such seaeona and opportunities for extortion will last for years . The suffering ^ people may , however , before winter is over , greet his lordship with different sounds , The " clamourers " for cheap bread in London have had their cry re-echoed b y 15 , 000 men and women at West Bromwich , who with more earnestness than wisdom have demanded the prohibition of corn exportation , and the abolition of monopoly in human food . To starvation prices may be added the miseries of a Manchester strike ; and the masses with hungry children and empty cupboards
at home , and disappointed hopes of liberty abroadwith a diminished trade , ill-paid accounts , and accumulated burdens paralysing the energy and hopes of tho middle classes— -with all statesmen of eminence coldly concurring or positively hostile to his war policy , there is little present prospect of Lord Palmerston , receiving the support of the nation , even although he were to cany his implied threat into execution , unless ho did it now , thereby forestalling that reaction which the sufferings of winter and high prices is sure to produce among all but those merchants , contractors , and speculators , who so lustily cheered his belligerent after-dinner speech at the Mansion House on Friday . Sacrifices would willingly be borne for the liberty of nations , which will never be submitted to for the strengthening of dynasties ; and as Lord Palmerston ' s war is for kings and not for peoples , the sooner it is brought to a close the better for Britain and the world .
Prince Albert At Birmingham, The First S...
PRINCE ALBERT AT BIRMINGHAM , The first stono of the Midland Institute , to bo erected in Birmingham , was laid on Thursday by Prince Albert . After the ceremony , the Prince , escorted by the Council of the Institute , proceeded on foot to the Town Hall , where a luncheon for nearly five hundred persons -was provided . In auswei' to the toast of Ida health , Prince Albert delivered a speech in which he eloquently insisted on the necessity for scientific education . Ho observed : — " It is sometimes objected by tho ignorant that soience is uncertain and changeable : and they point to tho many exploded theories which have been superseded by others as a proof that tho present knowledge may be also unsound , and , ' aftor all , not worth having . But they nre not aware that while they think to cast blame upon science , they bestow , in fact , tho hig hest praise upon her , for that is precisely the difference betweon science and prejudice : that the latter keeps
stubbornly to its position , whether disproved or not while the former is an unarrestaVle movemen t to * wards the fountain of truth—caring Kttlefor cherished authorities or sentiments , but continually progressing —feeling no false shame at her short-comings , but , on the contrary , the highest pleasure , when freed from an error , at having advanced another step towards the attainment of Divine truth—a pleasure not even intelligible to the pride of ignorance . We also hear , not unfrequently , science and practice , scientifi c knowledge and common sense , contrasted as antagonistic . A strange error ! For science is
eminently practical , and must be so , as she sees and knows what she is doing ; while mere common practice is condemned to work in the dark , applying natural ingenuity to unknown powers to obtain- a known result . Far be it from me to undervalue the creative power of genius , or to treat shrewd common sense as worthless without knowledge . But nobody will tell me that the same genius would not take an incomparably higher flight if supplied with all Che mean which knowledge can impart ; or that common sense does not become , in fact , only truly powerful when in possession of the materials upon which judgment is to be exercised . " ( Cheers . )
Prince Albert objected to the tendency in our universities , to confine their studies to mathematics and languages ; and contended that , education should include metaphysics , psychology , physiology , jurisprudence , political economy , and many others . His speech was loudly cheered . Speeches were also delivered by Lord Stanley of Alderley , Sir Hariy Smith , Sir Robert Peel , Lord Ashburton , and others . Lord Ashburton , in the course of his remarks , observed that , since the peace of 1815 , we had fallen behind in the cultivation of arts and sciences , and that other nations had got ahead of us . For the remedy to thiss tate of things , he looked to such institutions as that they were inaugurating .
America. An Uneasy, Jealous Feeling Stil...
AMERICA . An uneasy , jealous feeling still hangs between England and the United States ; and , with reference to the " difficulty" with Mr . Crampton , the Washington Correspondent of the New York Herald writeB as follows on the 5 th inst .: — " By the last foreign mail , which , arrived here this morning , highly important despatches were received from our Minister in England , all of which I understand will be considered by the Cabinet to-day , and it is believed have reference to-Mr . Crampton ' s difficulty , the whole of which -will be developed in a day or two "' The Herald quotes from the Hampshire Telegraph of October 11 th , a paragraph stating that a number of British , vessels of war had been despatched to Bermuda "in consequence of the insulting tone of the United States Government on the
subject of Cuba ; " an announcement which the Herald considers semi-official on account of Lord Palmerston'i oountry seat being very near Southampton , where the Telegraph is published . The American writer , therefore , considers that there is mischief in the thing . " The United States commissioner in the Mediterranean has written for a reinforcement of a steamer and a sloop , in consequence of the state of affairs on the continent , especially at Naples . The amount due on the three million dollars Mexican indemnity is nearly covered by draughts already presented ; but the question of the legality of these draughts has been submitted to the Attorney-General . It is stated that in Kansas a secret military organisation has taken place , for controlling the affairs of that territory , and resisting the execution of any law passed by the territorial Legislature .
_ .... « , From Nicaragua wo have reports that General Walker , having been reinforced by a small party of Californians , on the 12 th ult ., embarked at Virgin Bay on board the steamer Virgin , and before daylight tho next morning landed within four miles of Granada . After a rapid advance , tho expedition reached tho city , and gained the Molazza without encountering any sei-ious resistance , but here a sharp contest ensued which resulted in a loss to the enemy of fifteen killed and several wounded . General Walker took possession of the capital of Nicaragua- Subsequently , the fort was captured by a detachment of Americans .
Order having beenrestorod , the oitizena of Granada held a public meeting and tendered to General Walker the Presidency of the Republic , which honour ho declined in favour of General Corral . Colonel Wheolor , tho United States' Minister to Central America , after muoh solicitation , proceeded to Rivas with propositions of peace . Arriving at Rivas , and learning that General Corral was absent , Colonel Whcelor attompted to return , but was prevented by tho Governor , and dotained two days , nor was he released until the town was threatened with an attack . This breach of i »» tn on the nart of Corral ' s forces led to a correspondency Uoneroi
between tho United States' Minister and tho . On tho 22 d , Corral surrendered , a , treaty of poaco was formed , aud thus Walker ' s victory became complo * - During the progress of those ovents , others of un * portance wore transpiring . On tike 10 th , Colonel Fry and Parker H . French , with sixty mon , embarked op
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Citation
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Leader (1850-1860), Nov. 24, 1855, page 8, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_24111855/page/8/
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