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AIR. GLADSTONE AT NEWCASTLE.

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AIR. GLADSTONE AT NEWCASTLE. Keeognition. of the Southern Confederacy. The Chancellor of the Exchequer arrived at Newcastle an Monday; and the following day, after having visited all the liotis of the plaee, attended a' banquet given in Ms tiwronr in the Town-hall, at which the right worsbip- fai mayor presided, who, after the usual preliminary toasts, in highly eulogistic terms, proposed the" Health. et Mr. Gladstone," referring especially to his repeal of tr,e paper duty and the furtherance of commercial" treaties with other rations, from which, this district had: reaped so much benefit. The toast was drunk amidst loud applause. Mr. Gladstone, on rising to respond, waa received with load and protracted cheers. The right hon. gentleman acknowledged the warm compliment paid him. He con- trasted- the labours of a public career, its toil and re- SBsJESifcility; but its reward, though not always in the' present, lay in the future; and to the future it was most wholesome that a public man should look. Though s member of the Government, he had freedom to speak of public affairs. As a member of the Government he would ttSe* cwidit for his own services m'promoting Hfe French tSttty. Yet to the Emperor of the French and Mr. CObdén it was mainly due. They were two distinguished tMB, whose position on the one hand, and sa-zad-ty and ability on the otber, acemplished it. His neble col- liWgae-and Earl Russell Weronextinorderen-tifcled to tbe) bfeffour of the meeting on account of the treaty. It: had Kggii a success bayond all expectations. The commercial axperience of the public knew it as surely as official doooraeBts showed it. The right honourable speaker- gave numerical facts as to the state of trade with Franca for twelve months past; the trade, foreign and colonial, of England, which was before the treaty of the value of ai»e millions, was twelve months after twenty-one millions. The increase of the export of British produce wm no, less satisfactory. On the average of two years before the treaty the value of trade in metals aid tissues- was two millions sterling. Now it was six millions. The particular commerce of Newcastle bad benefited three hundred per cent. The exports to America had fallen off in twelve months nine millions. The tr"ty of commerce lad supplied this calami- tous defteiency, The hon. speaker-gave the increase of tffltaage by sea resulting from-the treaty. Every ten or tWfelve millions of increased trade gives us anincrease of a million of duties arising from tax-paying commodities imported. The treaty has compensated for all the nation's Sacrifice oui account of the treaty; besides, the saBJ-al Effect of the treaty was- greater than its pecu- niary result. France then took its stand on free trade- it added its influence to England's, amd new treaties elsewhere bad arisen; and its effect upon the future peace of' the world was very significant and in- jfctntiaL When Parliament meets, it will be its duty tó'<Yêtrencb, as far' ss- possible, its expenditure. Con- aMeringtbatthe great-industry of the country had been smitten by alMight, it was a matter of great satisfaction that the revenue had increased to the amount of £ 600,000. The Chancellor of the Exchequei must compliment the workmen of the north thrown out of employ. He doubted if any class of the commanity would have borne any similar calamity with equal fortitude and self-denial. M £ Gladstone defended the manufacturers generally, but eQndemned those who made wealth an object of worship, and neglected its wise use. The manufacturer who sold his cotton clandestinely was abusing the rights of pjSperty as much as any condemned aristocrat. Relief ought to be given to the workmen without humiliation. The men were as-innocent as children; but have borne tceif suSeriags like heroes. He hoped that no man would be deprived of the franchise because he had accepted parish relief. When Parliament again con- sidered the franchise; the conduct! of' the men of Lan- cashire would be taken into account. He next referred to the war in America. The slaves would be better off if the States were separated, as on the basia of Union the laws against the slaves were enforced by the whole power ofthe Federal United Government. Our neutrality has been more against the-South thanthe -North We ought to judge tfenderly the North"; it'has never drunk the cup of bitterness, end it exaggerates its feelings. Let us bear with them. Let us not forget the reception they give the Prince of Wales; it was aproof of the settled goodwill of America to England. There can -be no doubt tl&t Jefferson Davis1 has "made a nation of the South. [Mr. Gladstone treated the South as a successful cause, and the announcement created great sensation.] LordPal- merston had been one of the earliest-of-this country to recognise the condition'of Italy. Earl- Rus- sell had no less faithfully represented the sentiments of the people of England." Tbe conduct of the people of Italy gives them new claims to public confidence; they would not follow the man it best loved into error for the arfce of-«"peace in Europe. He hoped that the question of Italy would early reach its final stage. Mr. Gladstone emled by proposing The Health of- the Mayor," on account of his connection with the press, which he praised as the friend of the people, the safeguard of liberty, and «Mcfeupon MirtisSara. TheorhertMsts proposed and responded to were, "Her Majesty's Ministers," "The,Members for Newcastle and forthember Boroiigba ftticl Counties of Northumberland and Durham," "The Consular Representatives of Foreign States," "The Unity and Independence of Italy," "The Tyne-Improvement Commissioners," "The Mayor and Corporation, of Newcastle," and The Chamber of SpRMserce." T

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