More than twenty lines of steamers ply from Liverpool to the various ports of Ireland; the Isle of Man, which is a favourite watering-place for the Lancashire and Cheshire people; Glasgow and other parts of Scotland, Whitehaven and Carlisle, Bangor, Caernarvon, and other ports of Wales, beside the deep-sea steamers to New York, Philadelphia, and Boston; to Constantinople, Malta, and Smyrna; and to Gibraltar, Genoa, Leghorn, Civita Vecchia (for Rome), Naples, Messina, and Palermo; so that an indifferent traveller has ample choice, which is sometimes very convenient for a man who wants to go somewhere and does not care where. The amusements of Liverpool include two theatres, an amphitheatre for horsemanship, and several sets of subscription concerts, for the use of which a fine hall has been erected. The race-course is situated at some miles distant from the town; races take place three times a-year, two being flat races, and the third a steeple- chase. They are well supported and attended, although not by ladies so much as in the Midland and Northern Counties. The Liverpool races are chiefly matters of business, something like the Newmarket, with the addition of a mob. A large attendance comes from Manchester, where more betting is carried on than in any town out of London. Gambling of all kinds naturally follows in the wake of cotton speculation, which is gambling. The crashes produced in Liverpool by the sacra fames auri are sometimes startling, and they come out in visible relief, because, in spite of its size, gossip flourishes as intensely as in a village. During one of the cotton manias a young gentleman, barely of age, in possession of an income of some two thousand a-year from land, and ready money to the extent of one hundred and fifty thousand pounds, joined an ingenious penniless gentleman in speculating in cotton, and found himself in less than twelve months a bankrupt; thus sacrificing, without the least enjoyment, a fortune sufficient for the enjoyment of every rational pleasure, or for the support of the highest honours in the State. Such instances are not uncommon, although on a less magnificent scale; indeed, it is well to be cautious in inquiring after a Liverpool merchant or broker after an absence of a few years; a very few years are sufficient to render the poor rich and the rich poor, an eighth of a penny in the pound of cotton will do it. The Municipal Corporation of Liverpool is the wealthiest in England after London, and virtually richer than London, inasmuch as the expenses are trifling, the property is improving, and the Liverpool aldermen and common- councillors have no vested claims to costly entertainments.