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^eA &aer. POLITICAL MD LITERARY REVIEW -
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RE PubKMee^ng8._f. ~ ................ Ta...
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VOL, TH. No. 349.] SATURDAY, NOVEMBER 29...
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4 BURST of sunshine in the money market ...
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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Transcript
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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.
^Ea &Aer. Political Md Literary Review -
^ eA & aer . POLITICAL MD LITERARY REVIEW -
• Enkearour\O^^ Orasn Couxt Irtd Rni™5 A...
• enkearour \ o ^^ oraSn CouXt Irtd rni ™ 5 A w tw ^ ^ ^ eeI 1 me i by prejudice ana oae - sided view s ; and , by setting aside thedisUactions . of our 8 irVtua ° nSe ^ iS ^ S ^^
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¦ •¦ , . ¦ - ¦ ' . - ' ¦ . ¦ . " .,. ' ¦ . ' ; .. : ¦ . ¦ : ' " ,. ' . '¦ . ¦ ¦ ¦¦ ¦ ¦ ¦ ' - ¦ ' ¦ . - < £ ontaits : . ' ¦ . ' . ¦ . . " ¦ ' - . ¦ ' . ' . / . : ¦ ¦ . ¦ ¦¦¦ . / ' ¦ ¦ : , . ¦ -.. * - ¦ ¦ '¦ ¦ ' . ; ¦ .
Re Pubkmee^Ng8._F. ~ ................ Ta...
RE PubKMee ^ ng 8 . _ f . ~ ................ Taso i iStoSSlt ™* """ ^ 38 Destruction of ChUdren ia Ins- , The Northmen la Cumberland and Income-tax Agitation ........ . 1130 postscript ... . 1137 land 1141 Westmoreland 1146 Consecration of Bishops ....... 1130 purl ir appaipcs Open council— The Draper in Australia ..... 1147 State of Trade ........... lisi PUBLIC AFFAIRS- open COUNCIL- The Climate of Egypt ..... 1147 Accidents and Sudden Deaths ......... lisi Tho Lull ...,. 1137 .. . . . The Moon ' s notation .. 1141 THEARTSIreland .......... ..... 1131 iLordJohn ........... ' ... !!! .. 1138 literature- MontBlaiic 1147 n ^ PMhnM '"' •—» ... ¦• . 1132 Eesponsibilities of Liberalism in ..-. -uHw / MyKt TheatricalandMusiral Notes ' . " : ; ' ! 1147 TheColonies .. 1132 Franco ... 1139 Summary 1142 '"' - - Continental Notes . 1132 The Rising against the Income-tax 1139 Aurora Leigli 1142 TheGazette . 1148 OurCmlizatiqn . 1133 France in Persia ...... 1140 Prescott on tho Retirement of ¦•"¦¦'' ^« ' ¦ _„ ¦ « '"" ¦¦— - ——*¦**> Naval and Military 1136 Tho Working of tho County Police . Charles V ... 1144 COMMERCIAL AFFAIRS— - Obituary ; .... .......... 1130 Act ... 1140 Romancefor Old and Young .-, 1145 City Iiitelligeiice , THarljets , & c ...... 1148
Vol, Th. No. 349.] Saturday, November 29...
VOL , TH . No . 349 . ] SATURDAY , NOVEMBER 29 , 1856 . PJiiCE {^^ f ^; :: |^^^
'Ifl Tv-Tt+Ivnt W-P -Rfttv '^Xyivai*- A*+M*Vlu Ul Iij? Ix'^Li* ¦ " ¦¦ ¦ ¦¦¦ ¦ ¦ ¦ '
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4 Burst Of Sunshine In The Money Market ...
4 BURST of sunshine in the money market is Xx . the hariinger of a change in commerce , jind we lave promises of a brilliant change in the aspect of next session in Parliament . Ihere will indeed be some substitutions of members , even if we do not have a general dissolution . Mr . Cobd . eh has retreated to his Sussex estate , apparently for life ; he disclaim * the West Hiding any further . He contents himself with writing general letters of advice to his beloved countrymen , this time endorsing President Pierce ' s insidious proposal to ^ Bsarm our marine on the strength of humanity secured to private property at sea . Mr . Bright , too , is off in the far East , touring it . Lord Palmebsxon will enter the House of Commons vii * - tually , if not legally , as 1 the Member for Manchester , with Sir John Pakington qs his colleague ! Cockburn being removed to the celestial region of tie Common Pleas , will most likely be replaced by Mr . Wkguelin , a bank director and Russia merchant , of high probity . The impression that the peace will not again be interrupted strengthens ., although we have no positive evidence or guarantee . The reports of a ' second Congress' gain ground , still without any authenticity . Russia has been said to have given up tlie Bolgrad point ; but all that we are certain of is , the strong desire of eneh party in tlie system of European Governments to keep the peace , —if possible to retain or gain its own objects , but whether gaining or losing , to keep the peace . All sides liave something to lose , should there bo a more general conflict . The ingenious but precarious arrangements "which have been patclied . up in Constantinople , -where Aali Pacha , goes in and out of office according to the greater strength of aboriginal Turkish punctilio or Stratford de Rkdclietk . ascendancy , show the card-building nature of the ' settlements ' in Europe . Anything like a popular movement would soon replace these couvt manoeuvres by stronger measures . There is a territorial laim dispute between the Danish Government and IIolstein- —Holstein relying on its German affinities . Ano Spanish Court is patching up intermarriages between the reigning lino and the line of Don Carios —a marriage between the grandchildren of Ferdinand ' s brother ; a family arrangement th at cannot survive , and which appears to . place the mark of doom upon IsAnnLr . A ' s Court . In
France , the popular discontent is becoming ; so evident , that the Government seeks to strengthen its outer alliances in all directions . Hence , probablyj the continued equivocation of language in which the representatives of its several Ministerial parties speak . ' The touchstone of ridicule has been applied to the stability of the Continental system . Mr . Morris Moore goes to Berlin for the purpose of making researches in art . He is well inown personally ; but he is suspected of two most dangerous qualifications : he is supposed to have acquaintance with foreigners not exclusively on the side of Continental Governments ; he has spoken disrespectfully of persons that have held office under German authorities—both in Germany and in England . He has not chosen his Italian acquaintances solely by tbe test of their legitimate politics . He has not had an official reverence for a Waagen or a Mundler . He arrives at Berlin , speaks with a frankness customary ¦ junongst Englishmen , ' and is lodged in prison ! The police of Berlin , in their -wisdom , do not think , that the system of government is safe while Mr . ' Morris Moore is at largo and his tongue at , liberty . The Governments , therefore , are resolved to in nice ; peace after this fashion —( adjuvante 13 lomfielt >;) but we have some doubt whether the peoples are entirely of the same mind . It is enough for the financial speculator . He sees an opportunity opening : discounts have fallen to six or even five per cent , in Holland ; the rate in London in tlie most respectable quarters is below the Bank level ; the money market is easier ; ' there have been large ' arrivals of gold from Australia . " It is coming ! " says the commercial man ; . the sunshine breaks , the storm is passing , and we are to have a new flush of prosperity . Already arrangements are made for taking up shares in the new Russian Steam Navigation Company . There are hopes that vigilance may be lulled , asleep , and that the PiinEiims , Horns , and Barings may obtain something towards the first instalment of the Russian railways . The Bull party in the money market will of course trumpet the note of ' peace , if it be only for a time . It is in these fitful intervals that great capitalists make their large fortunes . Wo hear , for instance , of a gentleman who was supposed to hold largo proporty in a foreign railway - No such thing ! He did suddenly become tbe admirer of the Government which conceded tho railway , and likewise a .
proprietor ; but , long before any question ha , d arisen : as to the ultimate level which those shares ' would find in the market , he had parted with them , and retained only the immense profit on his part of tlie original concession . This is the plan . The great men deal only in large schemes ; their market day lies in the interval between the panics of the world f and they would lull a continent to sleep , in a false reliance upon peace , if they could snatch a profit while the world was dozing . The position of Switzerland becomes more important , and the Administrative Reform Association will do welL to look to it . Prussia has before tlie Federal Government a formal demand for the surrender of the prisoners who were taken when the rebellion in Neufchatel was put down . Our readers may remember the case . One of the Pourta-Les family made a revolution on purpose to snatch back the canton for the royal possession of its ' suzerain , ' the King of Prussia . It was a decided breach of the law—high treason , indeed ; but the King of Prussia has declared in a State paper that , although the rebels were guilty of irregularity , they are really meritorious persons : lie lias demanded their release from prison unchastised . The Swiss Government , on the other Land , while treating the prisoners with conspicuous humanity , has insisted upon carrying out the process of law to vindicate its sovereign right over the canton as against the archaeological suzerain right , said to reside in the private family of King Frederick . William . The claim of Prussia has at last been , sustained by Austria , Bavaria , and Baden , and it is said that Trance , if not our own Government , has also endeavoured to procure the release of the prisoners . The movement of the German Governments implies that Prussia may be supported in a resort to arms . What part then will France take ? What England ? It is , we say , one of the first subjects to which the Administrative Reform Association should attend . That Association has established a species of administration for the people , classified in departments , in some degree corresponding to our Government , for the purpose of inquh-y into the conduct of public business , but also , in some cases , to conduct properly that public business which the Government neglects . For instance , it will have agents abroad who would move for redress in cases of injury to private individuals . .... ^ A Morris Mooihe would have had some Wf ^ il ^' N £ * to go to in default of Lord BlomPi ^» .. /^)^^ - ' ^} w Association has but just put forwatjr * W $£ M & iF / S : < \ ¥ & 2 $ ttW /
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Citation
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Leader (1850-1860), Nov. 29, 1856, page 1, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_29111856/page/1/
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