POSTSCRIPT.

SATURDAY.

In the House of Lords, last night, the Earl of CLANRICARDE moved for some correspondence connected with the Persian war. This gave the Earl of MALMEABDRY an opportunity of complaining that no information respecting the origin of the quarrel with Persia had been presented to Parliament. Parliament only knew that war had been declared in an irregular manner; that negotiations had been going on, and that a peace, which we are tol& is a satisfactory peace, but which ought to have been

• signed at Constantinople, has been concluded at Paris. Did not Lord

• Clarendon think that at least a sketch of the treaty should be commu,nicated to the House ?

The Earl of CLARENDON answered this appeal. He said, the Government regret that public duty had compelled them to withhold full information ; but the House was not without sonic information, for he himself, on the first night of the session, stated that the cause of the war was not the quarrels between Mr. Miuray and the Government of Persia, but the seizure of Herat by the Persian troops. That a peace was not -signed at Constantinople was not the fault of Lord Stratford : the Persian Ambassador declined to assent to the terms then proposed without consulting his Government ; he asked the British Government to suspend • operations in the mean time, but that was impossible as orders had gone out long before. When Feruk Khan arrived at Paris, he solicited an interview with Lord Cowley, stating that he had full powers to negotiate a peace : as we had no desire to humiliate Persia, no personal objects to pin, Lord Cowley was instructed to listen to his demands and examine Ins powers. The powers were found to be ample. "A treaty has now been concluded, and will I hope, be ratified in a shorter space of time than the noble Earl seems to think will elapse ; but in the mean time, I have no hesitation in informing the House what are exactly the terms which have been agreed upon. They are these,—that all Persian troops and authorities shall withdraw from Herat and every part of. Affghanistan within three months of the conclusion of the treaty; that the Shah renounces all claim of sovereignty over Herat and Afgharustan ; that he will abstain from all interference in their internal affairs, and recognize the independence of both Herat and Affghanistan. In the event of any difficulties arising between Persia and Herat or Affghanistan, the Persian Government is to have recourse to the good offices of England before resorting to acts of war ; and England on her part engages to use her best efforts to effect a settlement of any such differences in a manner honourable and satisfactory to Persia. The Shah also engages, that if it shall be necessary for him to repel aggression from Affghanistan, he will not make any use of the . hostilities in which he may engage for that purpose for any other object; and that as soon as he attains his object, and Immediate satisfaction has .been given, he will withdraw within his own frontier. Again, the ',treaty of commerce we had with Persia was by no means so satisfactory as the treaties made by Russia and France with Persia; and it is now stipulated that all our commercial relations and our arrangements in reference to consular appointments shall be placed on the footing of the most favoured nations. It is also stipulated that Mr. Murray, on his return to Teheran, shall be received with certain ceremonies which have been agreed to by the negotiators. There is likewise another stipulation in this treaty vhich I think will go far to put an end to that fruitful source of difference which has so long existed not only in Persia but throughout the East, I mean the system of giving protection to the native subjects of a foreign state. That, I say, has been a constant source of quarrel and dispute, not only in Persia but throughout the East. I took the liberty, with reference to our future relations with Turkey, to bring that question before the Conte.s in Paris : it was well received there by the representatives of the erent Powers, and they all undertook to review the present system and endeavour to place it on a better footing. We have introduced a similar clause into our treaty with Persia, and we engage no longer to protect the subjects of the state except those in the immediate service of the Embassy or the Consulate. I hope and believe that other foreign Powers will engage to do the same thing; but, at any rate, England in that as in other matters will now be placed on the footing of the most favoured nations. I have no reason to doubt that Russia and Prance will consent to a stipulation of this kind, which will do mere than anything else to remove this cause of difference, We have likewise entered into a stipulation on the :subject of the slave-trade. A very considerable slave-trade is carried on in the Persian Gulf; our present treaty with Persia on that subject ends in • 1862, and we have engaged that it shall be prolonged for ten years more from the date at which it would expire as matters would otherwise have stood. It is also stipulated that hostilities are to cease immediately on the exchange of ratifications, and that our troops are to be withdrawn from Persia immediately that the Persian troops are withdrawn from Herat. Feruk Than has sent letters to the Persian commander near Bushire to inform him of the negotiations and of the treaty, and to invite him to take part in the proposed armistice ; and similar instructions have been forwarded to General Outran). A general amnesty is to be published in favour of all persons who may have taken part with or in any way assisted our troops in Persia."

In reply to a further question from Lord MALMESDURY, Lord CLAIM:DON said that the Government had not sought to obtain any stipulation with regard to coaling-stations in the Persian Gulf. The Earl of ELLENBORODOR said it was the duty of the Indian Gomerriment to go to war with Persia when that power seized Herat, the gate of India : it would have been its duty to do so even had there been no.treaty. He dilated on the danger to India from the designs of Itemssia, and contended that the safety of India does not depend on civil improvements, but on the maintenance of a well-disciplined and well-commanded army. Ho imputed the Persian and Chinese wars to "two bad appointments "—those of Mr. Murray and Sir John Bowring. The Earl of CLARENDON said that Mr. Murray had been appointed precisely because he had shown a fitness for dealing with Orientals. Three months after his arrival in Teheran, he had been able to converse and conduct his interviews with the Shah in the Persian language.

After some remarks on Indian finance from the Earl of ALBP‘roart the motion was agreed to.

The Earl of DERBY announced last night, that he will, when the second reading of the Income-tax Bill is moved on Monday, make some -observations touching the circumstances under which an appeal is made to the country.

The House of Commons sat a short time to transact some necessary business connected with the retirement of the Speaker ; and to read the Mutiny Bilis a first time. Lord PALaratts•rox was questioned by Sir A. "Cesnuirra,; but his reply wanted the fulness of Lord Clarendon's.

The "merchants, bankers, traders, and electors of the City of London," assembled yesterday in the Guildhall, to pass a vote of confidence in the Government. The hall was too crowded for comfort. A number of "roughs," alias "unemployed working men," occupied the space in front of the platform and prefaced the proceedings by sing-big the " Marsellaise," "Rule Britannia," and "Cheer, boys, cheer," in a not unmusical manner. Those who were at the far West end, under Gog and Magog, could barely hear, and hence arose much confusion and irregular volleys of cheers. The Lord Mayor took the chair about two o'clock. The first resolution was moved by Mr. Raikes Currie; who compressed the pith of the subject before the meeting into a small compass and a very intelligible form. He described Sir John Bowring as "a man of the people,' the pupil of Bentham, a member of the Peace party, a most intelligent and forbearing man. The main offence of Government was supporting him in a difficult position far from home. The Tories, taking advantage of that juncture with Mr. Gladstone and the Peclites, had coalesced to attack Lord Palmerston; and the question was, would the country assist in overthrowing the Government to have Lord Derby.

At the beginning of his speech, while describing the general course of the Government, Mr. Currie alluded to the state of the country as "flourishing." This drew from the " unemployed " in front of the platform shouts of refutation—fierce cries of " Shameful ! twenty thousand of us are starving." Mr. Currie confirmed the experience of others by showing that the working classes will always listen to a man who boldly challenges their candour. He was, he said, in the habit of addressing large meetings of the working classes ; he was not insensible to their position and demands. Sentiments which he had uttered on the same hustings twenty years ago in proposing Mr. George Grote, touched the hearts of the working men at Northampton. Those working men asked him to represent them, and he had done so ever since. To them he referred for his character. He knew that many working men are unfortunately out of work ; and he was engaged at this very moment in aiding individuals much more influential than himself in endeavouring to make another bridge to highly remunerative labour in countries where the thews and sinews of a man are appreciated at their full value, and where a working man, if he were only moderately frugal and moderately prudent, might realize a competence. (Cheers.) This appeal completely won the hearts of the " unemployed " part of the audience, though the character and magnitude of the meeting caused the confusion to be chronic.

Mr. Currie moved the following resolution— "That Lord Palmerston, having undertaken the Government of this country under circumstances of extreme difficulty, and in the crisis of a great war, which he successfully carried to the issue of an honourable peace, is entitled to the thanks of the country ; and having by an adverse vote of the House of Commons been in fact

i

censured for his policy n reference to the proceedings at Canton, this meeting feels called upon to express its conviction that from the position of affairs in China and the past proceedings there, no other course was fairly open to a British statesman, or was compatible with safety to the property and lives of our fellow countrymen in that quarter and with the honour and dignity of the nation."

The resolution was seconded by Mr. John Dillon • who enforced two points. The question now is' not Bowring, but Palmerston; not Yeh, but Derby. If the Liberals want Reform, their course should be to send up a large reforming majority, and then Palmerston will be a Reformer.

Mr. Samuel Morley proposed the following amendment ; which he moralized with references to the official failure in the Crimea, the treat ment of Colonel Tulloeh and Sir John and other instances of "the rampant corruption of the governing classes."

"That the citizens of London, in public meeting assembled, while cheerfully recognizing the claim of Lord Palmerston to the gratitude of the country for the energy and ability displayed in bringing the war with Russia to a successful close, and while determined to support only a Liberal Administration, desire to place on record their conviction that no Government ought to retain the public confidence which does not steadily prosecute a domestic policy embodying the deshes of the people for social and political progress, and promptly and firmly to grapple with those administrative evils, the calamitous power of which the late war so painfully disclosed."

The amendment was seconded by Mr. j. P. Gassiot; opposed by Alderman Rose. Mr. Edwin James, Q.C., followed on the same side, with a melodramatic eulogy of Lord Pahnerston. About 150 hands were held up for the amendment. Then the original resolution was carried by an overwhelming majority. A committee was appointed to draw up an address and present it to Lord Palmerston.

[Probably this the first appearance of Mr. Raikes Currie since he has consented to stand for the City, will have established him as the favourite candidate. Quite independently of any passing question of the day, the City, no doubt, does well to take to itself men who belong to its commerce, and who share the interests, opinions, and feelings which they are called upon to represent. A statesman of the class which furnishes Cabinet Ministers is not an appropriate Member for a constituency which requires a representative who can attend to its business, watch and advocate its interests in Parliament; whereas the Cabinet Minister cannot disengage himself from imperial and party business to attend to his duties as patron in that behalf. Some smaller constituency, which is but a fragment of the country at large, derives even advantage as well as honour in having a high statesman for its representative. For the old plea in favour of rotten boroughs was not a fiction without that foundation in fact. In Mr. Raikes Ciurie the City takes to itself a man of the proper class. Born in the City., identified with its commerce, he will be literally a City man in Parliament. At the same time, Mr. Currie is a public man of a higher class even than party can exhibit. He is not always rising on his legs ; yet he never speaks but to go to the truth and marrow of the subject in hand ; and yesterday afternoon the constituency had an example of the high and generous feeling with which he successfully animates political discussion.]

The treaty providing for the remission of the Sound Dues and a portion of the land-transit-dues has now' received the assent, and probably the signature, of Denmark and the principal Powers of Europe. It is no stated whether the United States is a party to the treaty.

The local "Opposition" party at Manchester held a meeting in the Corn Exchange yesterday; Alderman Neild in the chair. Among those who took part in the proceedings, were Mr. J. A. Turner, Mr. Oliver Heywood, and Mr. Jeremiah Garnett. It was resolved that Manchester ought to have an opportunity of declaring whether its opinions have been duly represented for the last ten years; and further, that Mr. LOIN and Sir John Potter should be formally requested to contest the borough._ A steady demand for money continues to prevail both in and out of the Stock Exchange; the current rate for short loans on Government Securities ruling at 6 per cent. The Consol market opened dull on Monday, at the closing prices of Saturday, and has since continued dull and inanimate. There were sellers at one tune at 93k; close this afternoon buyers at that price : the extreme prices during the week have been 93i and 931. There is very little speculative business doing : dealers seem uncertain which way to act in the present state of public affairs. The transmission to the Continent of nearly the whole of the late arrivals of Australian gold., (for the purchase of which during the last few days nearly half-a-million of money has been borrowed,) has likewise had a depressing influence on the market. An extremely limited amount of business has been done in all English Stocks. New Five per Cents have been done today at 1141. In the Foreign Stock Market there has been a moderate amount of business passing, at, in a few instances, improved prices. Turkish Six per Cents, 97 I ; Ditto Four per Cent Guaranteed, 100kto 101k; showing a decline of 1 per cent ; Venezuela, 37 to 38; Mexican, i per cent higher "t,t) 3. 1 • way Shares have been dull ; and a general decline may be noticed in most quotations of from 108. to 30s. per share ; a slight reaction upon the late continued buoyancy. Midland close at 81k ; London and NorthWestern, 10411 ; Lancashire and Yorkshire, 101k ; Great Western, 691 t ; Brighton Stoat, about 11. lower-107f 81 ; Dover, 22k k ; Aberdeen, 13t 14; Caledonian, 35 i. The markets close heavy this afternoon. Foreign Shares have been equably dull and have drooped 5s. to 15s. per share, with the exception of Sambre and Meuse, which have advanced 1/. during the last two days, and close 91 mi. Luxembourg, 61 t ; Paris and Lyons, 58k I ; Northern of France 381 9. Indian Shares steady : Punjaub, t I prem. ; Great Indian Peninsula New Shares, 1 lh prom.; Riga and Dunaburg have been active at 2 21 prem. Great Western of Canada are dealt in at an advance of 1/.-261 t ; Grand Trunk, 121 13.

SATURDAY, TWELVE O'CLOCK.

A decrease of 33,2191. in the Bank stock of bullion is shown in last week's return. The Markets are all heavy this morning; Consols opened 93k t, a decline of t. upon the closing prices of_yesterday ; there is not much business doing in English Securities. The Foreign Market is without alteration ; dull at previous rates. Railway Shares quiet, with a still further slight reaction in quotations. Only two transactions are as yet marked—East Lancashire, 98; South-Eastern, 73f. SATURDAY, ONB o'CLocx.

Notwithstanding some rather large sales in Consols, the Market presents a firmer aspect than at the opening. Foreign Stocks and English and Foreign Railway Shares are all a shade better; business generally has been rather active. Consols close 93i I. The latest operations in Railway and Miscellaneous Stocks are as follows —Lancashire and Yorkshire, 1011 ; London and North-Western, 104k; London and South-Western, 1041; Midland, 81k; North-Eastern—Berwick, 841; South-Eastern, 73*. Joint Stock Banks—Bank of Egypt, 18k; London Joint Stock, 31i ; London and Westminster, 47; Ottoman Bank, 16. Miscellaueous--Cauada, 156f.

3 per Cent Consols 93 I Dutch 23 per Cents

Ditto for Account

3 per Cent Consols 93 I Dutch 23 per Cents

64 Ditto for Account 933 3 Ditto 4 per Cents 98 shut Mexican 3 per Cents

3 per Cent Reduced 1

221 9 5 3 New 3 per Cents shut Peruvian 43 per Cents 78 80

Long Annuities shut Ditto 3 per Cent 55 7

Bank Stock shut Portuguese 3 pers Cents 1853. 45 6 Exchequer Bills par 3 pm. Russian 5 per Cents 107 9

India Stock 221 223 Ditto 93 per Cents 97 9

Austrian 5 per Cents 91 4 Spanish 3 per Cents 41 2 Brazilian 5 per Cents 102 4 Ditto Deferred 241 5 Belgian 43 per Cents 98 100 Sardinian 5 per Cents 90 2 Chilian 6 per Cents 104 6 Swedish 4 per Cents 85 8 Danish 5 per Cents 101 3 Turkish 6 per Cents 97 Ditto 3 per Cents 85 8 Ditto 4 per Cents Guaranteed. 100 l3 RAILWAY ARRANGEMENTS.

The Great Northern Railway snorting, on Thursday, was stormy. Sonic of the proprietors wanted to pass a resolution declaring the Directors personally responsible for the amount of Redpath's frauds ; but this was rejected by a large majority-. From the over-creation of stock by Redpath beyond the amount allowed by statute, no dividend could be legally declared : and it was resolved to apply the balance in hand-243,9231.—to extinguish the surplus stock made by Redpath. A committee of four shareholders and two Directors were appointed to investigate the accounts and the registration department.

The Caledonian Railway accounts show an augmentation of 40,369/. in the receipts for the past half-year compared with those of the same period of 1855; expenses have been diminished ; the dividend is to be at the rate of 31 per cent per annum.

The Glasgow and South-Western Railway report also exhibits a large increase of revenue and a diminution in the rate of working expenses. The dividend will be at the rate of 5 per cent per annum.

The "Bon Accord Mining Company "—capital 75,0001.—is projected to work a mine adjoining the Burrs Burra in South Australia. It is proposed to purchase the site from two companies which now hold it for 24,0001. and a royalty of 5 per cent of the copper ore raised.

Messrs. Dodge, Bacon, and Co., merchants and patentees of India-rubber cloth, of London and Newark in the United States, have stopped payment : liabilities upwards of 100,000/.