SUMMAsTrMTEVENTS. -+-- WHEN an armistice has been arranged between Austria and Prussia on the one hand and Austria and Italy on the other, we hoped that all commo- tion on the Earopean Continent would c-)ase, but then came a rumour, scarcely believed at first but more credited afterwards, that the Emperor Naooleon had made claim to the Rhine provinces from Prussia. This is a more serious matter than ~w)aat the' "S rhperor of the French seems to want is the frontier territory as it was defined by the Convention in a treaty concluded by Louis XVIII. and the allies at Paris on the 23rd of April, 1814. The additional territory given to France by this act embraced the fortified towns of, Landau, Saar-Louis, Philippeville, and Marien- burg. This agreement was never carried out, and,. according to the Treaty of Vienna at a later period, Landau and Saar-Louis were annexed to German territory, the former being in Rhenish Ba- varia, the latter in Rhenish Prussia, and Pnilippe- ville and Marienbarg were annexed to Belgium. It remains, therefore, to be seen whether the Germans are disposed to recognise this claim, 11 made by a Power which has done nothing for j them but interfere to stay the process of unifi- cation. The concessions required of them are not materially great; but the Prussians may feel that the demand itself is an encroachment, and a derogation from their independence. In that case we may see a war tar exceeding in d-LmeQbions j that which has just been terminated on the Con- tinent. There is a general feeling that the I Emperor of the Erencii looks with jealousy upoa the growing power of Prussia, and is fearful that she will assume the dictatorship Of the Continent. We are happy to had, however, that England still adheres to non-intervention, and will leave the Continental nations to fight tneir battles their own way. PASLIASIBNT has been prorogued by commission, PASLIASIBNT has been prorogued by commission, and the Queen's speech read by the Lord Chan- cellor. Her Majesty, in this address, thanked Par- liament for its assiduity proclaimed the nation at peaee'and at good terms with an foreign Powers; I expressed a hope that a secure and lasciu.g peaca may be restored to the nations who have recently I. been at war; glanced at the desperate doings of the Fenians, and was sorry that the further sus- pension of the Habeas Corpus A.ct became a neces- sity; acknowledged, in warm terms, "the good faith and scrupulous attention to international rights" evinced by the Government of the United States • avowed her hopes that confidence would soon be restored to the monetary world; rejoiced soon be restored to the monetary world; rejoiced in the decline of the cattle plague; regretted the visitation of cholera congratulated the country I on the completion of the Atlantic telegraph; and concluded with the usual benedictory prayer. After which Parliament wa3 formally prorogued nominally till the 25th of October, but actually till the first week in February, when the "faithful It., Commons will again meeb for the dispatch of business." CONSID23ABLE sensation is still created in the I monetary world by the high rate of interest charged by the Brink of England, and various 1 efforts have been made by mercantile men to ob- tain the assistance of the Government in lowering these crushing rates of discount. A deputation, consisting of the leading Joint-Stock Banks, waited upon the Chancellor of the Exchequer last week ia upon the Chancellor of the Exchequer last week ia reference to this. The deputation was headed by Alderman Salomons, M.P., chairman of the London and Westminster Bans. It represented that the continuance of the high rate of ten per peat, was oppressive to trade, and tended to create distrust, and further declared that there ought to be some relaxation to the Government terms of increasing paper circulation, so as to enable the Bank to meet the commercial world in a better spirit. Mr. Disraeli, however, gave the deputation I scant hope that what they wished could I be acceded. He praised the management of the Bank of England, and expressed his belief that there was a steady improvement going on. The right hon. gentleman added that he should wait in town in order that if interference on his part was necessary he may be at hand to assist in carrying out such schemes as may be useful. THE Prince and Princess of Wales have been working hard at their business of pleasure in the North, while on a visit to his Grace the Archbishop of York. On Friday, at York, their Royal High- nesses first visited the Exhibition of the Yorkshire Agricultural Show, and then proceeded to the Guildhall, where the Prince unveiled the memorial window presented by the inhabitants to commem- orate the visit of the late Prince Consort in 1850, on the occasion of their preliminary meeting prior to the Great Exhibition. On the same evening the Prince and Princess were present at a grand state ball, given by the Lord Mayor of York in honour of their visit. On the next day their Royal High- nesses attended a grand review of the Yorkshire Volunteers, and left the same evening for the seat 'I' of the Earl de Grey and Ripon, after which the Prince spent a few days in some grouse shooting in the Yorkshire Wolds. REFORM meetings seem to gather in strength in the provinces. In London these demonstra- tions, as far as the Reform League are concerned, are at an end for this year, but in the Lancashire towns delegates are making a house-to-house can- vass to enrol members of the association. Great meetings have been held in Manchester and Leeds, where resolutions in favour of registered manhood suffrage and vote by ballot have been passed. LEADERS of great parties have shown that they are not led entirely away by politics, but are able to discuss literary and domestic subjects. Earl Rus- sell has been airing his knowledge on literary and 11 n y historical subjects at Tavistock, where he gave an interesting speech to the members of the local Athenseum. He expressed an opinion that in spite of recent events, the liberties of Europe are not in any real danger, and that political affairs are now in a transition stage, tending to a better condition I hereafter. He sees his way to a religious unity which does not exist at present, if the various com- munities, instead of adhering to their respective creeds, would but concur in promulga.ting the Gospel lessons of love, mercy, and forgiveness. He does not fear the decline of nations, but the present generation being something better than f the last, Lord Russell indulges a hope that the future generations may be proportionately better than the present. ¡ EARL DERBY has become a life member of the I Working Men's Club and Institute, by virtue of a subscription of £ 10 to the funds of that excellent institution. In a letter to the secretary he mani- fests a considerable interest in the "industrial order;" but signifies his wish that the working man may be denominated the artisan class," to separate him from those who very frequently live without labour. ] THE week* passed without a railway j accident; it would be extraordinary if it did. A collision took place about thraa miieo cjs=.o„~ ham, at a place called the Itchingham J unction. The trains from London and Brighton arrived at The trains from London and Brighton arrived at the same moment, and the latter was crossing the main line when it was cut in two by the former. A fireman was killed on the spot, and many pas- j sengers sustainedseriou3 injuries. The utter wreck to which several of the carriages were reduced was 1 so complete that it is wonderful more lives were 1 not sacrificed^ This accident is .attributed to I neglect of signals. These continual mishaps will I probably in the end. lead to Government super- I vision. THE judges are taking their assize circuit through .the country, and we are sorry to find that crime is greatly increased. At Leeds we have a man murdering his own child; at Liverpool several criminals eame under the category ot murderers, but more especially one who has been convicted of murdering his own mother with his boot and a poker. The sentencs of death has been passed upon each. THE cholera, we are happy to say, is decreasing in London, and though solitary cases occur in the country, it has not st present created great alarm. The localities where it is found to linger is always wherefitth and eilluna are allowed to exist. The sanitary regulations which are now put in force have done much good, and we trust the pestilence may soon be eradicated altogether. THE weather during the present month has been anything but satisfactory for the harvest. Just as the grain became ripe the rain came down, and if the crops are saved it will be by a tedious harvesting. We are, however, glad to find that in many in- stances the grain has been stacked in the South. of England with little loss, and if the weather should be propitious for the next fortnight, we shall have more than an average home supply of corn.
THE LAW WITH REGARD TO MASTER AND SERVANT. On Wednesday morning was issued the report of the Select Committee of the House of Commons ap- pointed to inquire into the state of the law as regards contracts of service between master and servant, and as to the expediency of amending the same." The committee agreed to the following reso- lutions :—"1. That the law relating to master and servant, as it now exists, is objectionable. 2. That all cases arising under the law of master and servant should be publicly tried, in England and Ireland, before two or more magistrates, or a stipendiary magistrate, and in Scotland, before two or.more.magis- trates or the sheriff. 3. That procedure should be by summons in England and Ireland, and by warrant to cite in Scotland, and failing the appearance of defen- dant in answer to the summons or citation, the court should have power to grant warrant to apprehend. 4. That punishment should be byfine, and failing payment, by distress or.imprisonment. 5. That the court should have power, where such a course is deemed advisable, to order the defendant to fulfil contract, and also, if necessary, to compel him to find security that he will duly do so. 6. That in aggravated cases of breach of contract, causing injury to person or property, the magis- trates or sheriff should have the power of awarding punishment by imprisonment instead of fine. 7. That the arrest of wages in Scotland in payment of fines should be abolished. 8. That a suggestion having been made to the committee, viz.: That in all cases of breach of contract between master and servant, it should be competent to examine the parties to the action as in civil cases, although the offence be punish- able on summary conviction, the committee are not prepared themselves to recommend the adoption of such a principle, involving as it does departure from the law of evidence in such cases, as now settled."
RATE OF DISCOUNT DEPU;ATION TO I THE CHANCELLOR OF THE EX- CHEQUER. A deputation of bankers, headed by Mr. Alderman Salomons, M.P., chairman of the London and West. minster Bank, waited, by appointment, upon the Chancellor of the Exchequer, at his official residence, in Downing-street, on Saturday, to urge upon him the necessity of farther measures for the mitigation of the protracted monetary pressure. The members of the deputation consisted, in addition to the hon. alderman already mentioned of Mr. Gilpin, M.P., chairman of the Metropolitan and Provincial Bank; Mr. Lanaole, chairman of the Joint-Stock Bank Mr. i Nicoll, chairman of the London and County Bank; Mr. Radonachi, chairman of the Imperial Bank; Mr. Wade, chairman of the National and Provincial Bank; Mr. Paull, M.P.; Mr. Chaytor, M.P., Alliance; Mr. McKenna, M.P., chairman of the National Bank of Ire- land; and other gentlemen.—Mr. Alderman Salomons, who introduced the deputation, sprnke of the disastrous effects which the present rate of discount must inevi- tably entail upon the commerce of the City. At pre- jent, it was most oppressive, and people who were engaged in trade were completely crippled by it. He then read the following resolution, which had been agreed upon for presentation to the Chancellor of the Exchequer That, in the opinion of this meeting, the maintenance for so long a period of the high rate of interest, fixed by the letter of the late Chancellor of the Exchequer to the directors of the Bank of Eng- land, has a tendency to retard the return of confidence necessary for the interests of commerce at home and abroad, and it is therefore desirable to seek an interview with the Government for the purpose of representing the propriety and policy of modifying the letter of the late Chancellor of the Exchequer so far as it prescribes a minimum rata of interest at 10 per cent.The various members of the deputation urged upon the Chancellor of the Exchequer the redaction of the Bank rate of disoount.-Tha Chancellor of the Exchequer expressed his deep concern in the matter, which had been so ably brought before him. It had, he said, been under the consideration ef the Govern- ment, and he aould assure them that no time shouhl be lost in dealing with a matter of such great importance. Sir S. Northcote, the President of the Board of Tra-ie, was with the Chancellor of thei Exchequer on the oo- pon?/\n. TKt» int«vr\n«w,la.&fco$about three-quartera of an hour, and the deputation, who thanked the Chan- cellor of the Exchequer for his courtesy, retired.
THE SINGULAR CASE or orozvxr Daifjr IT a :r:jJ)B. William Griffiths, a watchmaker, livinginDowning's- alley, Biahopsgate, was charged at Worsaip-street, on remand, with being in possession of, and dealing with stolen Bank of England notes. It will be remembered that Mr. James Hurley, carrying on the business of an ironmonger in South I Union-street, Spitalfields, according to his sworn evidence,'slept on the night of the 16th ultimo at the Prince Albert public-house, which is next door to his own residence, that after having secured the door of his seeping apartment with a patent latch, ho counted k85 in bank notes—namely, seven tens and thrile fives, which, planing in a purse, he put into his II trousers' pocket, and retired to rest. On the following morning the room door was fast as he j had left it; his trousers were on a chair ap- parently aa he had placed them, and not doubting that his money was safe under such satisfactory appear. ances he made no examination of the purse, but at nine o'clock proceeded to his shop. About two hoars afterwards he had occasion to give change for a. ohequo, and then discovered that the whole of the notes had been abstracted from their place of deposit. Their numbers being known, he, of coarse, gave immediate notice at the bank and to the police. Two of the £10 rioteR bad since been stopped, and police-constable Schroder, 77 H, obtained such information as justi- fied him in apprehending the prisoner, who wished to account for one of the notes so stopped having been in his possession, by asserting that on the 16th a hawker, wh")sa name he did not know, although he had had business transactions with him, called on him and paid him the note, together with a sovereign, for the purpose of taking from pledge some watches belonging to him (the prisoner;, and which subsequently the hawker, on seeing them, parcnased. Frederick Ssrson, assistant to Mr. Jones, a pawn- broker, in Church-street, Whitechapel, called tor the defence proved that the prisoner had redeemed the property alluded to on the 17th, paying to him this identical ^10 note for that purpose, and receiving a pound or &o in change, prisoner's name and address, which was well known to him, having been placad on the back of the note. It was subsequently paid away, and in due course reached the Bank of England, as proved by Mr. Richard Baily, one of the clerks at that establishment. Mr. Beard, engaged to earry out this prosecution, secured a remand by pointing out the inconsistencies manifest in the prisoner's statement with respect to his dealing with the hawker," to whom he could give neither name nor clue, aud most particularly to his assertion that this hawker gavahlffi thf! .£iO note on the 16th, on which date it actually was safe in the prosecutor's pocket. Mr. Abbott remarked that this was a mistake of the constable's. Prosecutor declared that it was not a mistake, for that he was present and heard it. The prisoner was, however, admitted to bail, and now it was proved that his brother, a warehouseman in the City, and living at 69, Sun-street, Bishopgato, changed one of the stolen £ o notes two days after the robbery, at the Ship, Tavern in Sun-street, by request of the prisoner. Mr. Chapman, the landlord, swore that I the prisoner himself called there afterwards, appeared anxious to got the note into his pos- session, and on his (Mr. Chapman) refusing to I part with it, from a sudden suspicion awakened by ¡ his anxiety that all was nf>t right, remarked, Then I I am very sorry, for I have been taken before a magis- trate, am out on bail, and fear the note will get my brother into trouble." Witness told him he thought it was a pity if anything was wrong that he did not make a '"clear breast of it." The reply to which was, "I waa before the magistrate respecting a^10 note, was taken by surprise, and nothing being said abou» a I £ 5 note, did not mention it." Mr. Chapman adoed, "The note in question I changed the day aitor robbery." I be'ieve prisoner told mo he receive J from the same person he had the £ 10 note or. had borne a good character. other- Mr. Beard remarked that he did not impute cner Fully committed to the Old Bailey- tbe Home Secretary was
A eoramTmicatiox rpopgday announcing that received in Lancaster ™ execution for the John Banks, who Preston, in Juzso last, hud
FOREIGN INTELLIGENCE." s THE EUROPEAN WAR. FLORENCE, August 13. The convention for the armistice concluded between ;he Italian and Austrian Governments has been pub- lished to-day. General Petitti obtained from the Imperial Austrian 30mmissioner that the inhabitants of the Trent district, and other places re-occupied by the Austrian troops, should not be molested for their acts and opinions during the Italian occupation. Neither were the former employes of the Austrian Government to be molested for their adhesion to the Italian Government, nor would Austria levy any forced loan or war taxes in those districts. The Archduke Albert refused to sanction these con- ditions, which he did not consider ought to enter into a .1. 1 mmtary convention. The Austrian Commissioner, however, assured General Petitti that Austria would act indulgently towards those persons politically compromised, and would not levy any forced loan or war taxes. The armistice will commence to-day, and will last until the 9th September. Hostilities can only be re- sumed by ten days previous notice on either side. The provisioning of Venice will be free. The exchange of prisoners will take place at Udine and Peschiera. The Italian employes in the territory occupied by Austria, and the Austrian employ h in the territory occupied by Italy, would remain unmolested. FLORENCE, August 12. It has been decided by the negotiations at Comorns that the line of demarcation to be observed during the armistice shall be the ancient boundary round the Quadrilateral to the river Po, from the Po to one kilo- metre beyond the valley of Ostiglia, a straight line thence to the Adige, with a circle round Lsgnano, and lastly the river Alpone to the frontier of the Tyrol. The circle round the fortresses is fixed at seven and a half kilometres. In Friuli the line of demarcation will be the old boundary from the sea to the river Torre) with tae exception of the radius encircling Palmanuova), and will follow thence the course of the Torre to Tarento. The line to the Tagliamento will be between Cremona and Ozoppo, and will then follow the line of the Tag- liamento to the Talmezzo, and the summits of Mounts Tianoe, Avenis, Crostis, and Cogliauo. The Italians will have the right to use the railway in the circle round Malghera, and the navigation of the rivers and canals will be open to them. Venetians who have been compelled to emigrate into the Austrian empire will be allowed to return to Venetia. The armistice between Italy and Austria has been will be allowed to return to Venetia. The armistice between Italy and Austria has been signed for four weeks, and will continue in force at the expiration of that term unless notice of the contrary be given by either Power. PADUA, August 12 (Evening). expiration of that term unless notice of the contrary be given by either Power. I PADUA, August 12 (Evening). The commanders of the Austrian fortresses in Venetia are said to have received orders to despatch to Vienna all movable war material in the places under their command before the 25th in at. Some political prisoners who had been interned in the Austrian Empire have been restored to their homes. All the Italians in the Austrian police force have been discharged. The cession of Venetia to Italy through the inter- medium of France is expected to take place very shortly. FLORENCE, August 12 (Evening)^ General Menabrea left this evening for Paris, whence he will proceed to Germany. He is entrusted with the mission for the conclusion of peace. BRUSSELS, August 12. The Echo du Farlement of this evening publishes a despatch from Vienna, according to which great agi- tation prevails in that city. 482 persons were to be tried for high treason. The Emperor Francis Joseph had been received by crowds in the streets with shouts I of Abdicate." u BERLIN, August 9. The semi-official Norddeuisclie Allgemeine Zeitung of to-day publishes an article in favour of leaving in- tact—aa far as is conaistent with the general interests of the State—the vital institutions peculiar to each of the countries which arc to be incorporated with Prus- a J,— --—J their provincial representation, and the constitution administration of their communes. Tho Crown Prince has issued an appeal urging the establishment of a general national institution for in- valided soldiers. His Royal Highness, with the assent of the King, has placed-himsaif at the head of this un- dertaking. PADUA, August 8. The suspension of hostilities between Austria and Italy has been prolonged for 24 hours-namely, until four a.m. on the 11th inst. PARIS, August 9. The Moniteur .du Soir says :—" The Italian troops have withdrawn from the Tyrol, across the Taglia- mento, to the line of demarcation demanded by Austria before negotiating an armistice. There is reason to believe that the difficulties in the way of an agree- ment have been removed, and that an armistice may shortly be concluded." FLORENCE, August 9. The Nazioneof to-day announces that General Cialdini, in order not to leave the front of his army exposad on an indefensible lino, has resolved to take up a position on the other side of the Tagliamento. In consequence of this movement Commissioner Sella will leave U dine, and will follow the head-quarters of the army of operation. VIENNA, August 9. The Prasse of to-day says: "We learn that Gen. La. Marmora had demanded a prolongation of the truce for several days. This demand was not assented to by the Austrian commander, who would pnly grant a further delay of 24 hours. The truce will therefore expire on the 11th inst." Count Arthur Skertosch, of General IOapka's staff, has fallen into the hands of the Austrians, and letters of a compromising character were found upon him. The Vienna papers state that the Prussian General Mutius died from cholera. FLORENCE, Augnst 9. The King has appointed Count. Barral and General Mtnabrea plenipotentiaries for Italy at the Confer- ence to be held at Prague for the conclusion of peace. The great majority of the commuEea and provinces have already declared their willingness to undertake to raise their proportion of the amount required for the new national loan. A similar course is expected to be followed in the other provinces. The Italian troops in Venetia are beiag concentrated in defensive positions. The assertions of an Austrian journal in reference to an alleged letter of the Emperor Napoleon to the King of Italy, are unfounded. A perfect; understand- ing exists between Italy and France on the question of the cession of Venetia.
AMERICA, NEW YORK, August 3, Evening Several members ot the Free State Convention at Orleans have been arre&ted and indicted before the grand jury. Numerous blacks hare been arrested, and arma and ammunuioa have been fosrid concealed in tho house of a ne,vL0. 'Ifce fiacUcals and their oo- BWS rs etL«Wa ;a from Savannah state that ilT attack upon Cbili. P'iiu 11:1 prepl>c:rll1g another (JJY ATLANTIC TELEGRAPH.) -RT NE^VJ-O-CMDLAND, Acsgnsfc 9. m J" V">* V*" and party arrived here, in her 8 steamship Lilly, at skp.m. jes^rdaV. •*R I j, NEWFOUNDLAND, August 10. All wel« ^r-?at Ea8!iera sai,ed four p..m. .31..H.M.o. Lily, with Governor Muserave on board, accompanied her up tlia bay. The Medway sailed two hours pmioaely.
town talk. 1 BY OUR SPECIAL CORRESPONDENT. -+-- Our venders will understand that we do not hold ourselves respon tiilefor our able Correspondent's opinions. PARLIAMENT ha3 been prorogued, and her Ma- jesty has, by commission, dismissed the members i of both Houses to their respective homes, where j they have duties "hardly less important" to per- j form than those which belong to them in their Legislative capacity. The importance of the re- 1 sults which they have achieved as senators during the past session is variously estimated. The Conservatives, very naturally, think that the ad- vent of their party to power has been a great gain, while the Liberals, als$very naturally, think quite the reverse, and mourn over the untimely end of i their Reform Bill. As an impartial observer, and looking at the change of Ministers from a non- political point of view, I think it has been, in many respects, productive of unmixed good. I allude more especially to the substitution of Sir John Pakington for the Duke of Somerset at the Ad- miralty, of Lord Cranborne for Earl de Grey at the India. office, and of Mr. Gathorne Hardy for Mr. Villiers at the Poor-law Board. All of these departments lie outside the field of politics. We are all of one opinion on these points-that we ought to have an efficient navy, that London ought to well governed, and that the poor should be well cared for; and in all of these respects has the change of Ministers been beneficial. The as- tounding disclosure made by the present First Lord of the Admiralty, that in leturn for the seventy millions. sterling which have been ex- pended during the last seven years in re- constructing the navy, we have no reserve of ships to relieve from duty those new afloat, is the reverse of creditable to those who have misspent the money, and the reverse of agreeable to the taxpayers of the country who have supplied it. But it is better that we should know the truth at once than that we should con- tinue to live in a fool's paradise." The simple truth is, that with an annual expenditure of ten millions sterling for seven years, all we have to show for that immense sum are a number of hulks crowding the harbours of oaeernes-?, irortsmouta, and Plymouth, and a few ironclads "which float and sail like heavily-laden merchant ships," which ship large quantities of water, from which the gunners are unable to see the targets, and which, after being at sea for four days, the admiral (Yelverton) is compelled to take into the nearest port, Torbay. This is the state (as described by the correspondent of the Times) in which those able administrators the Duke of Somerset and Lord Clarence Paget have left our navy; and this is the way that Britannia rules the waves in the year of our Lord 1866. This department requires thoroughly remodelling; and seeing that the fear- ful waste and mismanagement occur under the administration of a Board (which, as somebody said, has neither a soul to be saved nor a body to be kicked), while the other departments of Govern- ment are presided over by a single individual, responsible to Parliament, are tolerably well _0'<. 4_k- Board, and have single Minister responsible to Par- liamentfor the efficiency of thenavy, in the same way j that the War Minister is responsible for the army. If, after making such a change as that proposed, the same extravagance, jobbery, and inefficiency should still continue; the propriety of altogether abolishing our navy might be taken into con- sideration. Certainly,, so far as appears at present, the seventy millions have been thrown away with no result whatever, except that we know there is as much waste and mismanagement now-a-days as there was in the time of Churls-s II., when Pepys was Secretary to the Admiralty.. In his time matters were not merely at sixes and sevens, but at twelves and fourteens, and the same state ot affairs appears to have come down to our times. IN reference to the late Secretary of State for India, Lord de Grey, if not an able, was, at any rate, an amiable man, anxious to do what he con- sidered to be justice to the one hundred and sixty millions of dusky-coloured inhabitants: of our Indian Empire, and to the Europeans who have, in various ways, made that country the scene of their working life. He was not long enough in office to fully develop his policy, but he was long enough there to show that he did not intend to mete out full justice to the officers of the Indian army, who had suffered loss of rank and loss ot z money by the way in which his predecessor, Sir Charles Wood, had carried cut what is called the amalgamation "• of the Indian armies. Lord de Grey proposed to give their army rask, which carries with it no pay, and to place them in the staff corps, where they would have had the pay of the rank which they might hold in it; but these measures would not have compensated the suiferers for the money they were out of pocket by the sudden stoppage of the purchasing-out svstem peculiar to the Indian armiest Lord Cranborne, on the other hand, considered that those who had been damnified by this unexpected legislation should receive compensation. He stated that this had been the practice of both Government and Parlia- ments in other instances, and remarked that surely no class was better deserving of such con- sideration than those who risked their lives in the service of their country-a sentiment in which, I am sure, every man with a wholesome mind will cordially concur. MANY people consider the change from Mr. Villiers to Mr. Hardy .beneficial. Mr. Villiers, like a good manv other people in this country, seemed to consider that an Act of Parliament was a sovereign cure for all. the ills that flesh is heir to. Accordingly, while in office, he obtained somewhere over fifty enactments more or lees con- nected with the Poor-law department. There, so far as he was concerned, the matter seems to have rested. His successor, however, is determined to go one step farther, and maans to see that the Acts thus obtained are- put into force. His last act has been to appoint an additional Poor-law inspector for the metropolis, and, seeing that we are in the midst of the cholera., he has very wisely selected a medical man for the position. He has reminded the various local bodies, to whom the duty of cieanaing the country is ab present entrusted, of the fact that, they are now on their trial, that the trial will probably be a severe one, and 'that if they fail the powers which they now lold will be given to others. In justice to these said local bodies, a,t least to the majority of them, Lt must be owned that they are doing their best with the limited means at their disposal. The new Public Health Act, which has just passed, will give them additional powers for getting rid of nuisances and the like; and it contains a pro- vision to the effect that, if these powers are not used where needed, the Secretary of State for the Home Department may put them in force, charg- ing the parishes with the cost of doing so. This j is the thin end of the wedge, and the beginning of a better state of things. A VERY important decision has been given by the Lord Chancellor, which affects the interests of all those who hold shares in "limited" joint-stock companies. The circumstances of the case are briefly these: A shareholder in Overend, Gurney, and Co. (Limited) was likewise a depositor; when that company failed calls were made, and the shareholder applied for permission to set off the amount of his liability on his shares against the sum (£16,000) held for him in deposit, leaving him to rank with the other creditors for the balance—that is to say, A is liable for .£100 on his shares, the company has of his money £ 500, take £ 100 from the .£500, and let A rank as a creditor For the balance, .£400. Lcrd Chelmsford has decided that this set-off could not be made; more than this, he has decided that the shareholder can- not receive back any portion of his deposit until all the other creditors not shareholders are paid in full. This is the law as laid down by the Lord Chancellor, and, of course, its accuracy is not to be called in question. It is, however, very dif- ferent from what the public supposed the object of the Limited Liability Act to be. The intention of that Act was—so it was generally believed-to limit a shareholder's risk to the actual amount of the shares held by him. In the case under notice, however, the shareholder not only loses the amount on his shares but likewise the money which happened by chance to be in the hands of the company when it failed. The" moral" to be drawn from this decision is-first, don't take shares in a joint-stock company (limited); second, if you foolishly take shares in such a company, then carefully avoid placing yourself in the posi- tion of a creditor unless you are prepared to lose the fall amount of your shares, the amount of your debt, and a-oy money you may have entrusted to them for safe keeping. Hid Mr. Gressell, the gentleman in question, acted in this manner, dis- trusted the concern in which he was a shareholder, and kept his money in some other bank, he would not have lost his £ 16,000. Z.
The First Sale of 2?ew Hops.- Tho first pocket of new hops arrive-d at t!i>is.'kou oa iuesd&y, it -was grown by Mr. George Austen, of Battle, Sussex con- signed to Messrs. W. Au<ten end Co., Borough; and bought by Messrs. Bayers, White, anil Morgan, Lou- don^bridge, for Messrs. Squire and Tillyer, brewers, Uxbridge, l;1.t £16168. pertwt. The Great Ocean Rrwe from China.—Intelli- gence his been received at Greenock that foar of the clipper ships engaged in the race from Cbina. with this season's teas passed Ang«r Point as followsFiery Cross, Juue 19; Ariel, J toe 20; Taepin, Jane 20; Serica, June 22. The Fieiy Cross got over the Min Bar on 29th May, the Ssrica, Taeping, and Ariel on the 30th. Thus, the Fiery Crosg, Ariel, and Taeping have b»«B each 21 days on this section of the voyage, while the Serica has been 22 days. No intelligence has been received of the progress of the Taitsing, which sailed 03) Slat of May.' From the s,bove it wiii be observed that, the contest ho me ia still likely to prove one of the most extraordinary on record. The next point at the fleet may be reported will be the Straits of S anda. jcosncll ausl Tooth pries is. v. Oeciucily the oe»6 prspa » <* W.idby »SI ww/ttsner*snS "< J-Vee 1-uug-OL.i.omoar.l-ac.. r. MRS. WDTSLOWS Soothing Syrup, for children cutting teeth, has gained a greater reputation in America fluxing the last 15 years ¡ than any remedy of the kind eyer known. It is plea- ¡ sant to take, and SAFE in all cases it soothe* I the child and gives it s»st; it believes griping in the bowels, or wind in the stomach, and cures dysentery or diarrhoea, whether arisiisg from teething or othe> causes it softens the ignma an £ allays all irritation No its other should bewithosrb it. Fall directions .or. 4 each bottle. Pries Is. Soil by all chemists in the Kingdom.
THE ITALIAN VOLUNTEERS. BRESCIA, AUGUST 12. General Garibaldi bag issued an address to tna volunteers, expressing his confidence that they will respect the conditionu cf the armistice, and conform as hitherto to the orders of tho Government. The Garibaldians had effected the retrograde movement; to the line of demarcation m perieofc order.
I MEXICO.. NEW YORK, August 3. Intelligence from the City of Mexico on the 27th. ult., published here, states that an at-amp., at a revelation Ld been made in that city. Ine conspirators were arrested and banished. Excitement is reported to pre- vail in Yucatan.