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g8 T H E Ii E A D E E,. [No. 410, Januar...
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STATE OF TRADE. A "slow progression out ...
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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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— ¦ * Th E Ceremonial Of The Royal Marri...
which , in company with our French allies , we are at last to have it out with Commissioner Yeh , who will do nothing but fight—that is , nothing which we ( or rather , our representatives ) want him to do ; and , probably , " the next mail will bring the intelligence that the flags of J § fcglan <| and Eranoe are waving above the crumbled walls of Canton . One fact will be received with pleasure by all : it is that every possible precaution will have been taken to protect the lives an & property qI unoffending persons in the city . Admiral Seymowk has issued a precise order on the subject , and there is every reason to hope it -will be carried out .
The operation of the New Divorce Act is beginning to be illustrated in a marked manner . An application which was made at Exeter a few days ago deserves attention . A Mrs . Catherine Bond applied under the 20 th and 21 st of Victoria , cap . 85 , for protection for herself and property against her husband and his creditors . The wife stated that her husband had deserted her-without reasonable cause for nearly five yearsj during which time she had supported herself by letting furnished
lodgings . She ha 4 heard nothing of her husband until June last , when , he returned to her in a state of utter destitution , and out of charity she permitted him to sleep under her roof and to take his meals in the kitchen . Very recently it has been ascertained that during the time of the husband's being away he had married another womaiij and he is now in prison awaiting his trial for the bigamy . Meanwhile the man ' s creditors have applied to Mrs . Bond for payment of her husband's debts , and she is threatened with ruin . The notable feature in this
case is , that the fact of the wife having consented , even in charity , to permit the husband to return beneath her roof , is held to have condoned for the previous desertion , and to have rehabilitated the husband in all his previous rights and authority ; and there is but one hope for the security of the poor wonsan whose tender-heartedness prevented her from shutting her door in the face of the man who had deserted her—the fellow will very probably be convicted , and there will then be no difficulty in affording her protection .
The bankruptcy case of Messrs . Hall and Hall , a certificate meeting of which took place on . Thursday , is another of those stories which have of late so strikingly illustrated the trade-spirit of the time . The Messrs . Hall and Halt ., solicitors , are two brothers , who inherited a business of old standing and high reputation . Many of their clients were members of the aristocracy , and large sums of money wore entrusted to their keeping . The value of their business can be judged from the fact that in five years the net profits were 14 , 000 / . But the itcU of speculation was upon the pair ; they
embarked in the breeding of cattle on a large scale , exacted costly buildings—with the moneys of their ctoeut * j ftttd ^ could they only have kept afloat for 41 few years ( with the aid o £ more of theiv clients ' money , of course ) , they might , possibly , said the CoTuaaeL for the opposing oredttors , have retrieved their position , — and , he might have added , com © to great wealth and power , and been very rauoh looked up to and respected . But there ia an inevitable tendency in suoh schemes as these to topple over just before tho time of promised triumph . The Messrs . Hall find themselves removed into the Bankruptcy Court , and produco a balance-sheet showing liabilities J & n ^ pja ^ rig ^ D ^^ about 24 , 000 / . Many worthy persons will exoltam' / How velFy ~ sEoGl ? ing and dishonest , to spend othor people ' s money in this way I Had tho Messrs . Hall been lucky and kept out of the Bankruptcy Court , many of these same good people would have thought it an honour to bo on terms with tho woll-to-do brothers . Lot us call them by what hard names wo will , but do not let us I'ogurd them in tho light of monsters they have done nothing which is not daijy and hourly dono in most excellent good society : it ia success or non-sucoeas thftb makos thorn respectable or diaireanootftblo . That is tho moral of their story .
PUBLIC MEETINGS . ¦ " THE EAST INDIA HOUSE MEETtNO . Thk adjourned meeting on the double Government question , was once mote resumed on Wednesday , under the Presidency of . Mr . R . D . Mangles . Mr . Helps , in opening the debate , warmly supported the petition . The peoplo « f India , he though ^ are not ripe foe representative institutions ; but , he added , ther ^ was nothing to hinder them from sitting on those benches and explaining tkeir wishes and requirements to the English public . jj ^ , Mills also eulogiaed the Company , and condemned the Affgbaa war and the annexation of Scuide , which the € qim * of Direotor * had very properly opposed . — Colonel Rawlinson , one of the Directors , thought the change proposed by Government would be an
improvement . The proximate cause of the rebellion ( of which he conceived we are far from seeing the end ) was the annexation of Oude ; but a Royal Amnesty , combined with a change of Government , would be considered in India as an act of grace and strength . The appearance at Delhi of a son of the Queen of England , surrounded by all the pomp and pageantry of a court , would have a great effect in tranquillizing the people . — Dr ; Burnes , K . H ., late Physician-General , Bombay , whose son is now a prisoner in the hands of the rebels in Lucknow , spoke in favour of retaining the present Government , and alluded to his twenty-eight years' experience of Indian affairs . —Captain Shepherd , a Director , Sir F . Currie , and Mr . M'Naiighten , also condemned the proposed change ; and it was ultimately agreed that the discussion should be adjourned till the next day .
The debate was concluded on Thursday , when the chief speech-was that of the chairman ( Mr . Mangle ' s ) , who alluded to a reply sent by the Governor-General to some petitions from natives of Bengal since the mutiny . In tMs reply , Lord Canning repudiated the idea that the Government of India would consent , by any sweeping proscriptions of race , to compel large classes of loyal and faithful subjects to be cast aside . Mr . Mangles also read the following extract from a letter to himself from Mr . J . P . Grant , dated Benares , December 20 th : — "The Governor-General has telegraphed my eondemna-r tion in your newspapers , for having liberated Ne ill ' s captured mutineers , condemned European soldiers to death , and quarrelled with poor Neill—three almost inconceivable falsehoods . I have pardoned and liberated nobody—have no power to hang European soldiers—and never had the slightest concern with General Neill ,
directly or indirectly , I have bad no difference with any military authority , not even the slightest approach to coolness . I have always been anxious to help them , and the public service through them , to my utmost , and I have always found them very kindly disposed to myself personally , and reasonable . " ( Cheers . ') Mr . Crawshay ' s resolution , moved on a previous day , was carried unanimously . On the motion that the Court do adopt the petition to Parliament , Mr . Jones moved an amendment , which fell to the ground for want of a seconder ; and Mr . Lewin then moved , as another amendment , " that the petition is opposed to the facts of the case in many of ita statements , and ought not to be adopted by the proprietors . " Mr . M'Kenzie seconded this amendment . Mr . Serjeant Gazelee also objected to the petition , and contended that the Directors had grossly neglected their duties ; but ultimately the petition was carried , and the Court adjourned .
THE ANTI-CHURCH-RATE MOVEMENT . A . deputation , consisting of members of tho Society for the Liberation of Religion from State- Control , had an interview on Wednesday with Lord Palmerston at his rosldence in Piccadilly . Sir William Clay introduced tho deputation , -when Mr . Duncombe , M . P ., and several other gentlemen , addressed tho Premier , pointing out tho evils of the present system , and inquiring what courae tho Government intend to adopt . Lord Palmoraton replied that a bill on tho subject was very nearly completed , bat that ho could not pledge himself to introduce it daring the present session , on account of tho important business which is awaiting discussion . In answer to a question from Mr . Duncombe , his Lordship said ho could not pledge himself to support any private bill on tho question : the private bills with roforenco to church-rates hitherto introduced had not been satisfactory . After some further discussion , loading to no practical result , tho deputation withdrew . A mooting of tho memboro composing tho deputation w « a afterwards hold at tho Thatched House Tavern , St . James ' a-Btreet . Sir William Clay presided , and Lord Palmerston -was very generally censured for refusing to introduce a bill on the subject . Resolutions declaring tho determination of the deputation , on their own responsibility , to press forward a bill for tho unconditional afcplltion of clmrch-ratea , and advising tho friends of rell ^ o ^ lil ) 5 Ft 3 rio ^? MeeBrtbe ^ ropoBUion- ^ f-ft . -Tato ,, ov « n - wlioro thqy may bo in a minority , wore then adopted , together ¦ with a vote of thanks to Sir William Clay , which terminated the proceedings . In tho evening , a soirtfo was held at tho Milton Club , Ludgftte-hlll , at whioh tho church-rate quostion was again tho subject of discussion by various gontlomon who addrosBcd tho company . THJB niSlfOHftt AGITATION . Meetings in favour of reform continuo to bo hold . A vory crowded gathering took place on Wednesday evening at tho Town Hull , Woolwich , In old of tho jmovomont . Mr . Townsend , M . P ., was in the chair , and
sppko support y issued under the sanction of several members of the House of Commons . Mr . Stonehouse moved a resolution in favour of household suffrage , the ballot , triennial Parliaments , and the abbolition of the property qualification for members of Parliament . The resolution was ' carried , and petitions were adopted . The Tower Hamlets electors met on Tuesday eveningand a local Reform Association was inaugurated . The ' principles ftid down as its basis were of a very liberal character , and received unanimous support . A circular emanating from those who are arranging a reprepresentive conference in London , on the part of the working classes , ha 3 been sent to some two hundred and fifty individuals of the United Kingdom , distinguished for " their adherence to Reform principles . Its object is to urge the importance of the proposed conference .
AN AUSTRALIAN ANNIVKHSARV DINNlvli . The anniversary of the foundation of the first of the Australian colonies was celebrated on Tuesday by a dinner at the Albion Hotel , Aldersgate-street . There was a large muster of the leading Australian colonists now in England , and several influential members of the House of Commons were present . The banquet was presided over by Sir C . Nicholson , late Speaker of the Legislative Couucil of New South Wales , and the company was addressed by Mr . Labouchere , the Eight Hon . Evelyn Denison ( Speaker of the House of Commons ) , Mr . Gladstone , Sir John Pakingtou , & c . The company did not separate till a very late hour .
G8 T H E Ii E A D E E,. [No. 410, Januar...
g 8 T H E Ii E A D E E ,. [ No . 410 , January 30 , 1858 . i ¦ - ¦! ¦ — - ~ ¦ ' _' ^ —w—^——^—wm i ^^ i ^——Mil ^ WW—^ MB ^^ w * M ^ i ^^ i ^^^ w ^^^^^^^^^^^^^^^^^^^^^^^^^^ iwi ^—^^^^^^^ — ¦ - — — ¦———^ - — ^ » — ^^ ^ __ . ¦ ____ ¦ _ . .... . . _ _ in of the manifesto recentl
State Of Trade. A "Slow Progression Out ...
STATE OF TRADE . A " slow progression out of the slough of despond in which the trade of the country was recently sunk , is the general upshot of what we have to report of the state of the great manufacturing districts during the week ending last Saturday . Several mills resinned work at Manchester ; but the increase of production consequent on this extension of employment has led to a diminution of prices . The iron and coal districts of South Staffordshire have , for the most part , been in a very disturbed state . There have been numerous strikes , and some thousand men have been wandering about out of eni j iloj' but there have been no acts of violence . The strike of the wireworkers of Birmingham is at an end . The
metal trades of Birmingham are daily becoming lirmer . A further improvement is perceptible in the lace trade of Nottingham , but in the hosiery trade there is not much alteration . The hosiery trade of Leicester , Lowever , shows a slight advance . The woollen cloth trade of Leeds and the neighbourhood is becoming more healthy . There were no further failures of importance during last week in the Leeds district . Both the worsted and the carpet trades of Halifax are improving , and
more work is being done . A t Bradford matters are looking more hopeful , and failures have all but ceased . Still , the aggregate of pauperism is augmenting . Out of a population of 120 , 000 contained in the Bradford Union , there arc now close upon 6000 persons in receipt of parochial relief . The linen trade of Barnsley remains very slack ; but the extensive collieries in thu district are all working . Trade at Dublin , though still languid , shows a tendency to revival . Northumberland
A meeting of the shareholders of the and Durham District Bank was held on Friday week . In the report , the directors here announce with regret " that not only have the losses of the company exhausted tho whole of the guarantee fund , but ulso , in their opinion , tho entire paid-up capital . " Tho capital amounted to 503 , 000 / . ; the liabilities , at the tinio ot closing , were 2 , 400 , 000 / . Tho managing director yvus ft Mr . Jonathan Richardson , who is reputed t" '"• ' . ory r ich : and this gentleman , it nppenrs , miulo some tuno back an advance out of the funds of tho bank to some ironworks of his own , to an amount equal to more tnon tho ontiro capitul of the bank . Other reckless advances were also made ; notwithstanding which , the directors , abotit a year ago , declared a flourishing dividend out oi ' profits . ' Those who wore directors at the tuno tuose ndvancoB were made , have all , with the exertion ol wn Richardson , " gone to render tin account elsow tero , »» Mr . Ogdon , one of tho present directors , said at tlio meeiing . On the 2 nd of last December , M' - K | cll "K signed an agreement with the bank , by which »* «» to pay 705 , 000 / . ( tho sum in which ho is indebted to w concern ); that amount to include a mortgage aocuiity for 100 , 000 / ., which he is liable to runny , <>» iA u ° tranaforred to him , with interest at five port-out . ] w num } tho interest on tho whole dubt <<> '""• j" , ts rate of live per cent . , and the amount c » l tl 1 "" . " ' ,. to bo regulated from time to time by lj > ° / ' ' ?* loo of forged pig iron . In consideration o * tUW &" , " bu tho bank wrote off 50 , 000 / . of Mr . Kicburdaon » aoj . Mr- Ogdenatftted . that Mr . Richardson >>» ri v b ., Iso S real propcSyrburiirn ^^ said that collateral scourifcy could bo tfot , but u had not got it . Tho result ot tho mooting wu » " » l | iBt adoption of tho directors' report was nuspom ou , u ft throo gentlemen therein named woi-o (» otwi , j ' , |< « f protest handed in from tho solicitors to ino * flC ( i England and to Messrs . Glyn and t ! o ., wlu » P > 'I flg Mr . Colomau and Mr . Williams Instead ) « l'l'l ) l » colI 1 . liquidators , rosolutions bolntf passed requiring i , pany to deeluro tho company dissolved , "" , ' , t . atoCk that it bo wound-up voluntarily under U » o Joliu » Banking Companies Act of 1857 .
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Citation
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Leader (1850-1860), Jan. 30, 1858, page 2, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_30011858/page/2/
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