The Sun. — London, England, 1841-11-05 00:00:00

MORNING SUN r LAW INTELLIGENCE. COURT OF CHANCERY, Nov. 4. Ilis Lordship was engaged the entire morning, up to the time of the rising of the Court, in hearing the.argu- ments in a bankrupt petition. The Loan CHANCELLOR proceeded with the hearing.of bankrupt petitions in the nature of appeals from the Court Of Review. IN THE MATTER OF PLU3IMER AND AN'OTIIER.' This case came before the Court upon appeal from the judgment of the Court of Review and Bankruptcy. The short facts of the case appeared to be as follow : Plummer and Wilson, who carried on partnership toge ther, gave, to a person named Jones a mortgage on an estate in Jamaica, as security for their debt, and the con veyance in that mortgage covenanted that the parties would pay jointly and severally. Plummer and Wilson became bankrupt:, anti Jones sought to:prove against the joint, as well as the separate estate, for the full amount of hisidebt. On behalf of the appellant it was contended that under the circumstances of the case, Jones was only en titled to prove against the joint estate for his debt, but that in case that estate was not sufficient to answer his demand, that then he might go against th►e separate e,tate. On the part of the respondent it was submitted that the deed was the act of both the partners, that they knew perfectly well what they were doing, and that by it they were giving their creditor an advantage which he was entitled to retain. Upon the case coming on before the Court of Review their Honours were divided in opinion. The LORD CHANCELLOR, at the conclusion of the arguments, said, that as the question was one of great nicety, and as the Judges of the Court of Review had differed - in their opinions, he should take time to con sider his judgment.- —Judgment postponed. IN THE MATTER OF CALDECOTT, A BANKRUPT. This case also came before the Court upon appeal from the judgment of the Court of Review. The facts were as follow :—The Commercial Bank of England sought, by their manager, to prove a debt against one of their own partners, on the authority of the 7th of George IV.. and Ist and 2d Victoria, the provisions of both those Acts giving managers of Joint Stock Companies a right to sue the members of their own body for debts due to the Company. The Court of Review decided that he could prove, and the present case came before the Court by way of appeal from that decision. Mr. SWANSTON and Mr. RUSSELL, for the appellant, contended that. according to the settled practice of the Court, no partner could prove against another partner until the Accounta of the partnership were wound up, and the amcnnt of the debts ascertained; and that not having been done in the present instance, the party was not entitled to the benefit that had been given him by the Court below. Mr. RICHARDS and Mr. ANDERSON, for the respon dent, submitted that under the Acts of Parliament there was a clear right given to the manager of any joint stock company to sue any memle‘t of the company, or prove Pgainst his estate in case he should become bankrupt. The LORD CHANCELLOR was of opinion that the right was c;:arly given, and ordered the decision of the Court below to be ail:rmed, with costs. IN THE oar vat OF BLAKE, A BANKRUPT. Thi s case, w hi c h wa s en appeal from the Court of Review, was opened by Mr. SW7eston ; after which, the the further arguments were adjournef! till to-morrow (this day). • The LORD C HANCEL LOR rose shortly before 4 o'clock. :ROLLS' COURT, Nov. 4. MAITLAND r. BROWNRIGG. This was a petition for payment of a portion of certain funds paid into Court in suits now pending. Mrs. Mait land was, "!iy a settlement on her first marriage with Mr. Simpson, entitled to a life interest in certain funds, with a power to appoint to her children. On her second marriage with Admiral Maitland her life interest in this settlement was made the subject of a second settlement, and in this last settlement a covenant was entered into by Admiral Maitland for payment of a sum of 10,00 CL, which was also to be settled, and in which his widow was also to have a life interest, with remainder to the relations of Admiral Mait land. This covenant was not performed, and after the death of Admiral Maitland, his widow accused Mr. Bateman, the trustee of the second settlement, of neglect of his duty, for not compelling the performance of it, and filed a bill against him to compel him to make good the loss thereby sustained. The whole sum, however, wail not lost, as a sum of 1,2001., of Admiral Maithual's estate was '_recovered by the trustee and paid into Court. and Mrs. Maitland from time to time received the divi dends on the funds in Court. Mr, Bateman, the trustee, on the commencement of the suit by Mrs. Maitland. in stituted a cross suit, and costs were from time to time incurred by him in these suits. Mrs. Maitland beitve alesirous to advance some money to her son fur his ad 7 imricement in the Church, executed an appointment in his favour of one third of her life interest, and was desir ous that the money should be paid out of Court. This was objected to by the trustee, on the ground that the ,settlement gave him a lien on the funds for the costs that had or might be, incurred by him in the above suits, and in the execution or his trust. His LOZDSHIP, after hearing Mr. Pemberton and Mr. Sidebottom in support of the petition, and Mr. Kinders ley and Mr. linnet against it, said that he did not think he should diminish the trustee's security to any extent that would be prejudicial to him if he made the order prayed for, leaving it to him, if he should be advised to do so, to apply to the Court to stop the order by which her income was paid to Mrs. Maitland. GREEN V. BADLEY. '.Phis was a petition by the representatives of the trustees under the will of a gentleman named Thomp son, who died in 1814, to have a reference made to tl:e Master, to make certain inquiries. Mr. Thompson, by hi s w ill ; :eviscd his estate. called the Sedgeley Hall estate, in the neighbourhood of Dudley, in trust, that after his trustees bad ascertained whether there was any and what minerals ,'wider it, to make sale of the estate, and divide the proceta!S among his children, and he em powered his trustees,if his ps:a.sonal estate was not sufficient, to borrow money by mortgage on the estate for the pur pose. Attempts were made from ;.:roe to time to ascer tain what minerals were under the estate, and consider able expenses ineurred_thereby, which were; defrayed by money borrowed from a banker for the purpose, the tes tator's personal estate not being sufficient. It was a2eer • tained by these experiments that there were mines of very great value under the estate, and that, in consequence of this discovery, the value of the estate had been doubled. A bill having been filed against the trustees a decree was made in July, 1831, directing- the usual accounts of rents and profits received by the trustees, and of all incumbrances affecting the estate, and also directing a reference to in quire whether it would be for the benefit of all parties that the estate should be sold, reserving the mines and minerals ; and the Master was directed to allow the parties all just allownces, but the decree did not provide for an inquiry as to the expenses that had been incurred by the trustees in ex ecution of the trusts. The Master's report, from some cause or other, had not been made, and it was now prayed that an inqniry, as to the stuns expended by the trustees, should also be made. Mr. Pemberton and Mr. Renshaw appeared in sup port of the petition, and Mr. Kindersley against it. His Lordesrute said, that it not being denied that money had been expended, it would be unreasonable and ine quitable to ex c l u d e th e p ar ti e s altogether from the ad n inquiry prayed for, be cau se, by some oversight, it ha rt not veen included in the decree, and that the parties should have the benefit of the investigation made by the trustees, and not pay the they had reeson to complain.-Pes.el t how ever,ex ens • of neglect on part of the defendants, in not L bringing the matter for ward at an earlier lie should, therefore, direct an inquiry whether ' any and what sums had b e en properly laid o u t by th sea rch for mines, and that a report ede shouldfei i defendants made w in ie thereon, with the general report, without delay, and that that report should be brought on for confirmation d when the case was brought on for further direction, 01 the report then to be m ade. lie thou,ola, thepetitioners oug ht to pay the costs of the application, but h question of the; costs of the report should be reserved. tathe Nu c. COURT, N e (Before time V ice- C h ancellor of England..) . TOLEDO V. VIETA. The arguments on this past-heard case, the facts of yesterday, were resumed, and con cludede.which we ~are fulifiy. honour postponed his d to-day. is K —NIGHT BiltlClcf:nient. Vice-Chancello r .) (Before en gaged the whole morning in hearing The Court was . feature of public • - !vett no interest cruses w:iich invg whatever. ( Before Vice -Ch a ncellor WIGBAII.) ,‘ . cau ses this morning Of no ge neral interest, and rose new A.. , -17 7 BYCII, Nov. 4, COURT OF QUELII'' E WA LTON V PEN F OLD. v t • This was an action broug ht by s turnpike es the lessee o ,ads, tolls in Surrey against the 'frute to obtain possession under the )9 of the Surrey jZ. th Geo. 111. The cad Assizes, and a verd ict was tried at Kingston at the la st found for the plaintiff. f• , . a rule to set aside Mr. WRANGHAM now applied .....r 1 the statute in the verdict, on the ground that unyr the t olls. question the plaintiff had no property in The LORD CHIEF JUSTICE said, that this case involved an important question, which was already under the con sideration of the Court in the case of a Bridge company , , and wished therefore that the present case should stand over. However, take a rule to show cause. CHAPMAN V. WHITE. This was an action brought upon some bills of ex . ehan , re and a balance by the Newcastle, Shields , and Sunderland Union Bank, and the Sunderland Sail Cloth Company. The case was tried before the Lord Chief Justice, and a verdict found for the plaintiff in 9,1781. Gs. cid. The ATTORNEY-GENERAL now moved for a rule to enter on a nonsuit on the points reserved, of N% hich we understand the principal to be, that one of the plaintiffs. Mr. Chay ter, was manager of the Sunderland Branch of the Union Company, and was also substantially one of the defendants, inasmuch as he was a Director, and had generally acted as ChairmalL of the Sail Cloth Company, at the time the transaction s out of which this action arose took plaee., and that he had since divested himself of the latter laraeter with a view to this action. The Attorney-Ueneral contended that against the defendant WitiEVOßiulhiiiiifiliad become a Director since, the p 1 i Clqter - could not transfer his own liabilities. Tiaoi t i) CAF JpikXICE said the question was one of eensiderable importance, and he recommended the parties - to make a case. , The SOLICITOR-GENtRAL, who was for the defendants, would confer with the A ttorney-General, in order to agree upon the COMA to be taken fur a determination of the law points. SMAWLEY mA GNAy. The plaintiff is a rag-merchant, carrying on business in Nottingham, and the defendant is an Alderman of London, ani a paper manufacturer. The action eras brought to enforce the payment for a quantity of rags, which were returned by the defendant, after th e market price had fallen, on the alleged ground that the ,bulk did not agree with the samples. The Jury found . ( br the plaintiff. • Mr. llumrintEv moved for a rule for a new tried, on the ground that the v erdict was again at st Athlderman e evi dence, which attempted to show th Magna) , had altered the samples in order to evade his contract. It was of great importance to the defendant that such an imputation should not lie upon him, and, certainly, as was the opinion of t ffiheent Judgto bear e on the trial, the evidence was by no means suci it out. The Learned Counsel went at some length into the evidence, to show that the bulk did not agree with the samples, and that, in reality, the latter were proved 'to be in the same state as furnished by the plaintiff. Rule nisi granted. MARGATE PIER COMPANY V. HURST. The defendant is a coal merchant, who, since the erec tioh.of-the Margate Pier, had been accustomed to land coals upon that erection, paying to the Company a toll of 4s. per chaldron, according to the Act, 52, Geo. 111., c. 186. But in 1835, the Metropolitan Coal Act, the Ist and 2d Will. IV., was passed, by which coals were directed to be sold by weight, and all contracts respect ing coal, wherein the term " chaldron " was used, that term should be understood as equivalent to twenty five cwt. But in the General Coal Act of the same year, which applied to the whole kingdom, except the metropolis, there was no provision for such a change of the measure into a denomination of weight ; but there was a clause enabling parties to apply to the jus tices in Quarter Sessions whenever any dispute arose. The mode in which the Margate Pier Company chose to apply the Act, in the adaptation of their rate of tolls to the altered denomination of coals, gave great dissatisfac tion to the coal merchants, who refused to pay the new rates. This action•was brought to try the question, and a verdict was returned for the plaintiff's. Mr. F.R.LE this clay moved for a rule for a non-suit on the ground that the claim of the plaintiffs was contrary to the legal interpretation of the Act ; according to which he contended that the defendant had overpaid the plaintiffs in the amount to which he had consented to pay. The COURT considered the verdict well found, and re fused the rule. DAVIS V. THE CORPORATION OF SWANSEA. Mr. JAMES applied for a rule to set aside the verdict for the plaintiff. The action, which was tried at Gla morgan before Mr. Justice Erskine, was brought against the new Corporation of Swansea by the plaintiff; who had been treasurer, collector, and common attorney to the old Corporation, to recover compensation under the Municipal Corporations Reform Act. The Mayor ar.d Council disallowed his claim (9730, on the ground that he had not properly set forth the amount of his income derived from the office during the previous five years, as the Act required. The plaintiff, instead of rendering a detailed account, stated the average of his income in those five years to have been 641., the value of which, taken as an annuity for life, was the sum laid in his de claration. Mr. James contended at great length, on the part of the Corporation, that the plaintiff had not com plied with the Act, and therefore that the verdict in his favour could not stand.—Rule nisi granted. PINKNEY V. BOOTH_ This action was tried before the Sheriff, and a verdic was returned for the defendant. The particulars of the case did not appear to-day, when Mr. NEWTON moved for a rule to set aside the verdict on the ground that it was received and entered by the Sheriff in an illegal manner, and was, therefore, null and void. In the first place (as we understood the argu ment), the trial was postponed by the Sheriff until a day subsequent to the date, when the writ was originally made returnable ; and, in the second place, the trial having come on, upon the last day of the Sheriff's jurisdiction, the Jury retired to coasider their verdict shortly before twelve o'clock at night, and did not deliver their verdict until more than an hour afterwards, when, the Learned Gentleman con tended, the writ and the authority of the Sheriff had ex pired. The verdict was, therefore, invalid and illegal. The Loan CHIEF JUSTICE asked whether the plaintiff objected at the time of the jury's retiring, or at all, before their verdict was delivered ? Mr. NEwTost replied in the negative ; but added, that the protest against the verdict was handed to the Sheriff immediately after the verdict was given in. The LORD CHIEF JUSTICE—The plaintiff took his chance of a verdict in his favour, and thereby virtually consented to the course pursued. In such a case the Court will not interfere.—Rule refused. HANMER V. HAILER. The defendants were in partnership as coach-makers with a person named Heifer, and this action was brought to recover the sum of 6801. upon a bill of exchange ac cepted by Helfer in the name of the co-partnership, and endorsed by the plaintiff. It appeared that the father of the Hailes had (before the making of the bill by Heifer) givsu 3 guarantee to Hanmer for the payment of all sums advanced bona fide for the use of the firm. Differences arose between the partnership, and the [Tidies denied that the monies advanced by Hanmer through Helfer, were for the use of' the partnership, and the latter accordingly gave the bill in question to enable the plaintiff to proceed, as he had keen advised that he could not, under the circumstances, maintain an action upon the advances. The Jury found for the plaintiff, but the Lord Chief Justice, before whom the case was tried, reserved seve ral points. Mr. ERLE now moved for a nonsuit on the points re served. The LORD CHIEF JUSTICE said all the facts of the case were before the Court, and their Lordships would • take time to consider their decision, as the questions involved were of considerable importance, commercial and legal. Probably they would direct a special case to be made ; and if so, the plaintiff could not object to join with the defendants in agreeing to one. REYNOLDS V. MONKTON. In this action, which was brought against the plaintiff for an :assault, alleged to have been committed in church, by dragging the defendant out of a pew, the right to which was disputed between the parties, a verdict was found for the plaintiff, with 1. damages. Mr. ERLE moved for a rule to set the verdict aside, on the ground that the defendant was justified in what he had done, by his right to the pew. The COURT did not think that any question of law was at issue, atd as the facts were admitted, and the damages were of so small an amount , their Lordshi p s would not interfere.—Rule refused. WALKER V. THE BLACKWALL RAILWAY. In this case the ATTORNEY-GENERAL obtained a rule to show cause why a mandamus should not issue to the Sheriff of Middlesex, calling on him to summon a Jury to assess the amount of compensation to be paid to the plaintiff by the defendants, for the deterioration of his property. The application was made by the 31st section of the Company's Act of Incorporation. The case had been already tried before the Sheriff, when the plaintiff was nonsuited on account of the irregularity of his notice served upon the Company. In that notice he had included all his property situated in the neighbour hood of the. Railway, whereas the clause under which he claimed allowed compensation only for property situated within fifty feet of the Railway. A new assessment upon an amended notice having been refused, a mandamus was necessary.—Rule nisi granted. COURT OF COMMON PLEAS, Nov. 4. BARTHOLOMEW V. CARTER. - - In this case, which was an action against a Middlesex constable for false imprisonment, and which has been re peatedly reported in detail, a verdict was given for the plaintiff in 40s. damages. Mr. HUMPHREY this day obtained a rule to deprive the plaintiff of his costs, under Lord Denman's (the Frivo lous Suits) Act, inasmuch as the Judge did not certify in Court immediately upon the delivery of the verdict, as the Act requires. GIBSON r. BRAND. '1 he plaintiff and defendant are silk-manufacturers, and the action was brought for an infringement of the plaintiff's patent in an improved process of manufacture, by which the gum is more effectually and at less cost re moved, than by the operation previously employed. The Jury found for the plaintiff on some of the pleas, but generally that there was no infringement ; with other special findings. Mr. Sergeant CIIANNELL, after an argument of great length, and a minute detail of the technical peculiarities of the processes employed respectiVety by the two par ties, obtained a rule nisi to enter a verdict for the de fendant on all the pleas. EWAN V. EVANS. In this cause an action had been brought against the defendant for breach of duty with respect to a certain writ of execution entrusted to his charge against a per son of the name of Rawlins, a debtor of the plaintiff s. The defendant pleaded that he had not taken the goods in execution, nor levied upon them. The allegation made by the plaintiff was that the defendant had made a seizure, b u t h a d not l ev i e d t h ereon . The verdict passed in favour of the defendant, and Mr. Sergeant Talfourd obtained l ast T erm a rule to show cause w hy the verdict should not be set asid e , an d a ne w trial had. Mr. Ser geant B OMPUS, for the defendant, now showe d cause, and stated that it was i m p oss ible for the Sheriff tO levy in this case, in asmuc h as a di s t ress previously issued had swept away the whole of the goods and chattels of the debtor, leaving nothing , whatever to sa tisfy the plaintiff. The Loan CHIEF JUSTICE said it had been decided in the Queen's Bench, that where the Sheriff has several writs against the same property he took the first. The verdict must stand.—ltule dismissed accordingly. EXCHEQUER COURT, Nov. 4. (Sittings in Banco.) WILLIAMS V. BAILEY. In this case an action having been tried on the e xchange, and a nonsuit obtained b y the defendant,n Cresswell moved to set aside the nonsuit, ground that the act o f one p artner must bind the other. Mile refused. INSOLVE NT DEBTORS' COURT. Nor. 4. IN RE LADY FANNY HY DE PARKER. a bill mor f . o The insolvent in this case was the relict of the late Admiral Sir Hyde Parker. She has been frequently ex amined in Court, and all the facts of the case have been already before the public. Mr. Cooke, the insolvent' counsel, said the case had been already heard by the Learned Chief Commissioner, who ordered its adjournment for service. his client was very far advanced in years, and was in very delicate health. In the schedule a debt of 4201. was stated as due to the estate, and at the time it was doubted whether the person owing it was solvent, but it had been since ascertained that he was, and this sum further will be available to the creditors to the amount of 7s.in the pound. Mr. Commissioner LAW said the case had been already closed by his Learned Colleague, and he could not think of entering upon it again. He could only adhere to the judgment as recorded in the book. During the last month, exclusive of the 31st, the Paris Savings' Bank received 2,659,936 f., from 19,228 depositors, of whom, 2,403 were new ; and 2,242,000 f. were drawn out. SPIRIT of the PUBLIC JOURNALS. FROM THE DAILY FAFRRS OF YESTERDAY. HERALD.—We have already expressed a very strong opinion that on the result of all the evidence as yet before the p u bli c , a ca se of e x treme ladies and un-. business-like management in his office of Comptroller of the Exchequer attaches to the well-paid Lord Mont eagle. Having watched with very great attention all the proceedings which have been subsequently taken in the lamentable affair of Mr. Beaumont Smith, and the enormous depredations charged against him, we lament to state that our opinion of the blameable deficiency of his Lordship's " controlling " administration of his own department remains unshaken. We have not been moved from it even by the plausible circulars which have been issued under his Lordship's signa ture, impressed with all the cunning and fencing though they be which are so characteristic of his apologetic genius. The first of these actually seemed to claim, on the part of the Noble Comptroller, same merit with the public for the parental and foster ing care with which he had adopted a process of exami nation and collation calculated to allay all unnecessary anxiety in the minds of the holders of Exchequer bi ls, in the shortest possible interval of time. To read it no man, uninformed upon the premises, would suppose it to be possible that the worthy gentleman who was about to be so provident and prolipt in informing the victimised of the actual extent of their loss, was the very party without whose culpable permission of a sys tem which appears to have been disgracefully lax and imperfect —a system over which he was placed with the express purpose of comptrolling, and secur ing its operations, at a large annual stipend—that loss never could have accrued, or et any rate have existed so long without detection and expo sure. In the second of those circulars, the same fidgetty Peer—busy, active, and garrulous as a cackling hen on discovering the loss of half her brood of chickens--surpasses himself in the sharp-witted but complicated contrivances which he propounds, as glibly as if he had tested and confirmed their reae'y working. Here, a plan for checking the bills ; there a plan for stamping them ; here a receipt with " his" signature, (if anything can prevent Exchequer bills from falling to a discount, this must be the very trick) ; there, a crowning plan for exchanging the verified bills against the " sign-manuel" receipts. All this is very Rice-ish. But lo ! with the usual fate of the ex-Chancellor of the Exchequer's plans,—fiscal, financial or "superficial," (his Lordship knows our meaning in this last epithet), this Exchequer-bills-exchange-rcceipt-and-bill-issue plan break down two or three days after its enunciation. Then comes the third circular, with an acknowledgment that the sublime invention sat out in its predecessor will net work quickly enough, in spite of that considerate regard (which W hig chiefs usually betray for the convenience of their clerks), wherewith he finds it necessary to exact the attendance of the latter at eight o'clock in the morning, to make good the mischiefs which may have arisen during his own absence of eight weeks, or some such period, in twelve months from the scene of his own official greatness. This last circul ir, accordingly, suggests a modification of the infant " plan," at this early period of its existence, and by a happy obscurity of language confounds the notion of " fraudu lent "issue" with that of " fabrication and forgery" of the bills in question. But we trust that innocent holders of such bills will not allow themselves to be deceived by this sort of assumption. Lord Mont eagle has happily not quite so much official power as that which he thought proper to exercise in contuma ciously refusing to act upon the recorded opinion and desire of the House of Commons in more than one vote to which it came for the settlement of the claims on Denmark ; and for the capricious prejudice with which he combated, in a spirit almost personal, the appeals of some large claimants on the funds long since subscribed by Prance for the compensation of the just demands of Bri tish claimants upon her, under treaty and convention. We strongly suspect that there will be very few bills to which unauthorised signatures will be found to attach, and consequently very few for which, in the end, the Trea sury will not be liable. We have shown in two former articles that for these bills to be valid. negotiable, and (as in Aslett's case) recoverable securities they need not carry genuine, so long as they bear officially permitted or recognised signatures. By a case, which will be found in our police report of the day, it would seem that the palpable irregularities which every new stage of the evidence published as to this Ex chequer bills affair developer, are likely to com municate their evil it.flucnce even to the magis terial bench. Yesterday a Mr. Ernest Rapallo, aged forty-three, said to be a stock-broker, was examined at the Mansion-house before Mr. Al derman Wilson. At the request of the clerk to the Solicitor of the Treasury, Mr. Burnaby, Clerk to the Magistrates at the chief office, Bow-street, read a state ment made by the prisoner (who was charged with having been a confederate with " a person already in custody" in itsuing false and fabricated Exchequer Bills) before 11Ir. Hall, the Magistrate, at an examination which took place there, into the circumstances con nected with the recent extensise frauds, at the Tree sery, on the 25th of last month. Mr. Burnaby did so, eter stating that the prisoter Mr. Rapalla came down to the Treasury of his own accord, on that occasion, ac ccmpanied by another gentleman, after being repeetedly admonished by Mr. Hall not to say anything whish might criminate himself, and that all he did say would be brought as evidence against him. Mr. Ripen() made the statement, for the remarkable particulars of which we refer to the report in question. lie admitted among other facts that he had known Mr. Beaumont Smith for many years—that he first introduced to him a Mr. Solari, since deceased, with whom Smith had large trans actions in the way of advancing Exchequer bills ; that Solari dying about a year ago, Rapallo succeeded to the " heaviest part" as he emphatically termed it, of a vast speculation, and thereupon made an application to Mr. Beaumont Smith to assist him, which was done with—Exchequer bills :—that he bad had various but not many, transactions of this kind with him, the very last about three weeks ago to the amount of eighty-one thousand pounds of bills—and the preceding ones to the tune of between one hundred ar.d fifty thousand pounds and two hundred thousand pounds and one hun dred and thirty thousand pounds I—that in every in stance Smith had been most solicitous in insisting upon the return to him of the same numbers as those he lent ; that Mr. Rspallo had in all cases returned every bill, of the same number, &c., as that which had been lent to him by Smith ; that he knew Smith would demand them of him every time the usual Government advertisement for funding or paying off such bills, so numbered, appeared : and that he never supposed the bills were other than genuine : that it was no business of his to inquire how they were come by ; that he sup posed there was no irregularity in it ; that when he wanted Exchequer bills he addressed his letters of ap plication to Mr. Smith at the Comptroller of the Ex chequer's office, and that he knew what Mr. Smith's ap pointment was and what its salary. He admitted that in the earlier part of these transactions from the time of Solari, downwards, it had been agreed that Mr. Smith was to have a share of the profits of the specula tion "if successful ;" and that the last applica tion he had made to Smith was for bills (on which he raised money) to enable him to pay his dif ferences on speculations in Spanish Bonds. These, as we have stated above, he declared he had re turned. Now the legal adviser of Mr. Rapallo con tended that that individual ought never to have been apprehended :--that he had of his own accord, and acting as a free agent, presented himself at the Tiea sury, to afford every information in his power ; that he had done so, morcovar, under the advice of his legal friend ; that be now confirmed his former admission of the "st itement" taken down at the Treasury before Mr. Hall by Mr. Burnaby, the clerk ; and that inasmuch as there was nothing before the magistrate to criminate Mr. Rapallo in any charge of forgery, or fraudulent issue of these bills, knowing them to be forged or fabricated, there was no case for his detention. The clerk of the Solicitor for the Tee isury pressed for his detention ; but on Mr. Burnaby's exami nation it appeared that ho bad grounds for " be lieving" Rapallo to have been implicated in the fraudulent issue and as a confederate with the party forging the bills. On further questioning, Mr. Bur naby said, "he could state of his own knowledge," (which a day or two ago Lord Monteagle and his deputy could not do of theirs), that certain numbers among these fraudulent issues were forged bills : and that Rapallo was implicated in the examina tions which had been taken of another party not now properly present. w T e h h l i e n g k a d i a v s i s e t r e dof that IVI r . h ßapallo—very ere wa sa o charge of forgery , or of fraudulent issue, knowing the bills to be forged, against his client ; and he also demanded how Mr. Burnaby could be held compe tent to speak to the genuineness of Exchequer bills ? We wait to see this objection a nd this question an swered. We do not hesitate to declare (albeit we have our own opinions of Mr. Rapallo's statement, conduct, and responsibilities) that the re was nothin g to justify the course final'y taken against him yester day. It was urged by Mr. ;Mule's representative, Mr. Resell and M. Burnaby that the party whose admissions implicated Mr. Ripen() was then under examination elsewhere. What of that ? On what ground did Alderman Wilson refuse bail for Ra pallo? The worthy Alderman adrdute I,—on none : but then, he said, there was so much excitement among Rea w ll the public,—th e news of the " fraud" met him iu so privileged finder many quarters—that he must coinntii the prisoner ! Ho wick, had recently discovered thal Sir Robert Peel was not a ls k, if th th e e been told that Lord statesman of an enlarged mind, but that luckily for mankind his ill-manne.ed but eery credulous Lordship was—the " intelligence" of which Alderman Wilson spoke, though it might have been more astounding, ought to have had just as little to do in guiding his judgment on the question of release or taking bail. But then the worthy Alderman wavered ; he began to per ceive the ricketty weakness of the case against the pri soner, rnd probably would have taken his legal adviser's guarantee for his appearance. From a parentheecal , observation of our reporter, however, we conclude that the illuminations of " absolute wisdom" are not yet wholly withdrawn from the oracles of civic law. 44 " Antrum humane, petit :--" (Yet he did not leave the Justice-room ;)".. 64 " Delius inspirat vate %" The worthy Magistrate rejected even the modified ap plication of Mr. Rapallo to be placed under the cus tody of the City officers, and decreed that accurately to meet the peculiar exigencies of this very remarkable, and very complicated, and very doubtful case, the only course to be taken, with any degree of security, cer tainty, or legal accuracy was- , --to commit him to the City Compter ! But the constitutional good nature of a British subject prevailing over the unconstitutional precipitation of an Alderman who " takes sweet counsel," he declared that he would limit his re mand only till to-morrow, and thus give the Go vernment, by taking the re-hearing at twelve o'clock this day, the opportunity to bring forward what evidence it might have to substantiate the case against Mr. Rapallo. Need we say that we feel no sympathy with Mr. Rapallo, beyond that which our reverence for the forms of law and the just weight of evidence de mands that we should show to any one whom we con sider, in the case brought before the bench, to have been so horribly treated as this party unquestionably was ? What answer was given to Mr. Lefroy's question, where was the evidence of forgery ? None. And why did not the exchequer appear, if it meant to insist upon the case, in the person of Lord Mont eagle himself, or of his deputy, or of some subordi nate functionary, wills one of THE bills charged to be forged, fabricated, or fraudulently issued. The prisoner's atteste I statement—the bill—and Lord Monteagle or his deputy's evidence to its fabrication or forgery—would have supplied an abundant case to jus tify Rapallo's committal, even to Newgate. But then the cross-examination ! What a case would that have supplied against the controlling management of the Ex chequer ! One or two facts that appear on the face of Mr. Rapallo's statement bespeak a coolness in applying for—a facility in granting—and a possibility of tiding over, for years, undetected—supplies of paper conv2rtible into "bright shining mettle," which provoke—whilst, like the wealth of that brewing concern which found a George Robins in no less a personage than Dr.Johnsoo, " they may enrich, beyond—the dreams of avarice." Mr. It t pallo,—an Italian we baiieve, must have been an admirer of one of the most serene and consummate creations of Shakspeare, when he coolly asked this Mr. Smith, and Mr. Smith—absolutely without any appa- rent corresponding interest in the affair as coolly con sents,—to give him the accommodation of eighty-one bills of 1,0001. each . a be seems to have laboured in the very spirit of that reckless knight who said to his Prince Rob me the Exchequer, Hal!" And in the emphasis with which he dwells on Mr. Smith's tenacity and his own precision in replacing the bills at the stipulated periods he had not forgotten the ( ther part of the injunction " And do it with clean hands." TIMES.—We observe in a Morning Journal of Tuesday, a letter appealing to the public in favour of the London compositors and pressmen, now, as it as serts, suffering under greater distress than has occurred " during the lngthened period of the art of printing," i. e., " about four centuries ;" " and hundreds," it says, " can attest the fact." The letter itself, as the extract might lead one to surmise, is of true Radical calibre, rather bold in its assertions, rather peculiar in its adap tation of conclusion to premises, not pointedly accurate in its English, and even unusually stocked with " ra diant beams," " gates of knowledge," " suns of the mo ral system," " effulgent " whirlwind moans of distress," and so on. It states, however, that out of 2,500 compositors now in London, upwards of 1,300 arc out of work and 500 are not earning more than 10s. a week ; and this, if it is not, like the " fact" above quoted, a mere random assertion (and the writer gives his name), must involve most heavy suffering in the class, not always very provident, to which he be longs. It is with mixed feelings that we notice this statement. Doubtless, if the distress exists as there described, and we lia%e no reason to doubt it, it has a powerful claim on our charity ; and we are not unwilling to hope that its mention in our columns may attract towards it the notice of those who are ab'e and willing to assist the sufferers. But, on the other hand, it is our duty, not lessened. but increased by circumstances to which we shall immediately allude, to caution those cha ritable persons against the particular channel through which the letter in quest ion proposes that the relief should flow ; which is a committee of " the trade," i. e., the body of compositors and pressmen, organized at a "general me.ting" had at the Mechanics' Insti tution, Southampton-buildings. Now, of these "ge neral meetings of the trade at Southamption-buildings," we have had some little experience. We have before us a paper issued by - one of them a few years back, containing 22 articles, drawn up to serve as a basis for a general union of the trade, with objects which may be gathered from the following paragraph : " To give increased efficiency to the measures of this body an extensive s . ystent of communication will be esta blished with the various societies in the country, so that the measures of the different provincial societies may at at all times be forwarded, by the co-operation of the compositors of the metropolis ; and that the latter in their turn, may not have (as hitherto) their views frustrated by the introduction of strangers, unaware of the causes of their disputes, and who are frequently lured into engagements by the plausible misrepresenta tions of unworthy employers." And again—Article XII. : " That as the Trade Council is established for the purpose of procuring for every compositor such a re muneration for his labour as the scale and acknow ledged custom warrants, they shall 1)3 empowered to use all prudent and legal means to obtain the subscrip tion of every individual in the trade ; and shall endea vour to secure compliance with their decisions, and to prevent any other person from assuming the right of deciding the prices of work, or of dictating what course should he pursued in any dispute with the employers ; but they shall not levy any subscription (nor permit any to be levied in their name) except such as have been previously agreed to by a general or delegated meeting of the trade." This union, which had long existed under another form, was organized as far as London was concerned, and proceeded to claim absolute jurisdiction in all mat ters between employers and employed, dictating to the one what terms they should give, denouncing the others if they acceded to any ethers, and establishing itself (as we have seen) as leader and protector of such "strikes," partial or general, as it might deem advisable should take place. Before it had been established two years we were favoured with some little specimen of i, s working, which we suppose may be taken as a sample of the rest. Some twenty-five )ears previous the Times had been disohedeint to some regulations or ether of " the trade." On this had followed, first a defeated strike, then a general anathema of the office, the consequence of which was, and is, that any who, after having worked on uur paper, return to the " book trade," are, as the trade's own report words it, the sub jects of reproach and persecution. We ourselves, in deed, did not experience any great embarrassment or discomfort from this state of hostility, but it must have operated rather severely upon that class for whose pro tection it was enforced, by excluding them from any share in an establishment c onsiderably larger than any of its kind in London, and, as the " Trade Council" .'!id not pretend to deny, notoriously liberal in its payments. Notoriously liberal, we say, for the following was part of the exordium of their own manifesto : " The compositors of the present day are told that the Times-office is considered unfair, and they know that those who have worked on that paper are the subjects of persecution ; but wiry it is closed, and they, the men, are persecuted, is not known, perhaps, to more than 200 persons in the whole trade. We have long been accustomed to hear, at almost every turn, that the men on the Times are liberally paid for their labour ;' that hundreds doubt the justice of closing an establish tneot which employs more persons than any other daily journal; and which to many has been represented as a kind of Valley of Diamonds, in which it Is only neces sary to enter in order to secure an ample supply of pre sent necessaries, and a handsome competency for old age. t " A tedious history," we still say, in the words of the Council, "of the disputes of the Times-office is not necessary for our purpose. * * # In 1810, the Times-office was closed,-and men and boys were em ployed upon the paper fora few years, when at length the house was again opened, and declared fair. But in 1816 the house was again closed, and has never since been re-opened, Several internal complaints have caused men at various times to leave, and it is ninetem years since this house was under the influence of the trade." * * Now the said Trade Council, taking all these cir cumstances into its consideration, that the sacrifice was so great to its own proteges, and the offence so long past, thought it discreet, " in order that igno rance of the state and practices of the Times nearspaper should not: be pleaded in extenuation by those who hereafter may work upon that journal, and in order to guide the trade in their decisions upon the subject ; believing that a knowl.!dge of the vit will go far to effect a cure, and t , •usting that the trade will believe that the efforts of the Trade Council in this particular result from a sense of duty and love of jus tice," to place before the trade the Original cause of quarrel, and pass resolutions denunciatory of those who continuel to work with us, after an " attempt at ad justment," to the following tune : " RESOLUTIONS RESPECTING THE MODE OF WORKING ON THE TIMES NEWS PAPER, AGREED TO ON THE 15TH OF NOVEMBER, 1835. " 1. That the division of labour on The Times news paper into day and nightwork is contrary to the long-esta blished practice of the business, and cannot be recog nized by the London Union of Compositors. " 2. That the bookmen having, in 1793, joined with the newsmen in ejecting apprentices from newspapers, present employment of them on the Times newspaper car not be recognised by the London Union of Com positors. THE SUN, LONDON. FRIDAY, NOVEMBER 5 1841. [The third article of impeachment we omit, as unin- i galling to the opposition prints as cheering a n d graf telligible to ordinary readers.] Tying to the friends of order and good government. " 4. That if the irregularities of different prices for night and day work be corrected, and no more appren tices be introduced, the establishment shall henceforth be considered fair. " 5. That in the event of the above alterations not being made on the Times newspaper, such compositors as quit that establishment on the announcement of such refusal of the proprietors, shall be received into the London Union as fair members. " 5. That individuals who, previous to this meeting, have quitted the Times newspaper, shall receive their Union cards upon such terms as the Council shall deem fit ; but individuals working on that paper after this examination and attempt at adjustment, shall be deemed unworthy members of the trade, and forfeit all claim to the consideration and protection of the com positors of London." Finally, they " begged to be allowed " (as Mr. Chucks says) " in the delicalest way in the world to insinuate " to us, that they hoped we would change our system of payment to suit " their long-established scale of prices," which they had before observed " put out of view the question of adequate remuneration." Our own mode of dealing with such dictation need scarce be told, and we totally rejected such uncalled for and unjustifiable interposition between ourselves and those employed in our establishment. Over and above the plain necessity of putting down such assump tion of authority, the demaeds or charges themselves were manifestly unreasonable, as shown by the follow ing extract from their own pages : " The 'Trade Council at the same time feel that as the following statement has been placed in their hands, it is but performing a simple act of justice to put the meeting in possession of the arguments in extenuation of the existing system adopted on the Times newspaper : " First, that the compositors employed on the Times are, upon the whole, remunerated for their labour (those on the day part receiving on an average 50s. per MONEY MARKET and CITY NEWS. FROM THE MORNING PAPERS OF YEVTERDAY. TIMES.—The mere business between the monied interest and the Treasury seems to-day to be going on more steadily than at first. Several of the city bank ing -houses. which sent up the whole of their Exchequer bills on Monday, arc now getting them back again in very large amounts. The arrear of business would seem to be very great indeed, since out of 160 appli cations it is said that only 30 are disposed or. Yet, as these early numbers only consist of banking accounts, which unite an immense number of individual amounts, more progress may have been made than would havc appeared. A private notice is said to have come down t) the Bank from the Treasury, giving the names of several parties who have paid in bills for the funding, together with the numbers of the bills, and these p irties have had notice from the Bank to replac them or bring in valid bills. It seems, as the public have all along been in clined to believe, that Lord Monteagle is not only the cause of the original confusion, but does not very cor dially assist the Treasury in making the matter right, so that all the trouble is thrown upon the Chance for of the Exchequer, and while, as will presently be shown, th;! latter is stating the bills to be `forgeries," Lord . • . Monteagle does not declare any such thing. A letter, which has been received to day by a gentle man in the city from the Treasury, throws some light on the course which will be alopted towards the holders of Exchequer bills. In this letter it is expressly stated that the Government will not part with the " forged" bills, but in case of an action will cause them to be pro duced on application to the proper officer!. This let ter shows two things—namely, fist, that the Govern ment are determined not to leave their unpopular posi tion of impounding the bills, in spite of the very strong manner in which several holders have expressed them selve; as to the impropriety of tlieir conduct, and the great chance there is of a heavy demand for specie next March, in consequence of the depreciation of the secu rity which they have occasioned ; and secondly, it shows that that they actually consider the bills as " forgeries." When the expression occurred in the first printed notice, it was not so important ; it might have been used merely as a designation of the transaction, but nx.v, when so much has been said on the exact position in week). "' Secondly, the apprentices, which form one of the grounds of complaint, cannot be received as a just one, as they are not, nor ever were, n principle of the house, and not at all connected with the closing of of it, but were forced upon it in its own defence, by a species of dictation which no men (whether masters or journeymen) have a right to use against others. Had it been a principle of the firm in question to carry on its journal by apprentices, time enough has elapsed since its quarrel with the journeyme❑ to have reared three companionships—one for the night, one for the day, and one as a corps de reserve. This has not been done. There have been but fe..v apprentices taken, and the small number now on the establishment are employed in the day department, and on the same principle as the book houses. The night work is per formed entirely by journeymen procured from the trade at large. " "l'hirdly, the division of the work into day and night ought not to be condemned as unfair, for it should not be forgotten that persons employed on the day est tb lishment have cot to make those sacrifices of comfort which are incidental to an evening paper, and much less those which are inseparable from a morning one: " All which " sacrifices of repose and comfort , " it is afterwards added. " on the premises of that journal are amply paid for." The warfare then continued ; and we find now, that while the trade is in a state of de pression, which " hundreds of persons" can testify has no parallel in the last 400 years, every compositor who ha; been employed on the Times for the last thirty years, unless he has voluntarily left his situation, or forfeited it by very gross misconduct, is still in the receipt of steady and ample remuneration ; to which we may add, that those still in our employ are among them holders of several thousand pounds in a savings%bank. From all this, we leave our readers to judge—not whether it is wise to relieve individuals actually suffering from severe distress—which is not a question of wisdom but of plain duty and charity—but whether they will do well to commit the credit and responsibility of dispensing their alms to a committee so very nearly related to, probably in a great measure identical with, one which aims expressly at giving or ganization and efficiency to that " strike " system of which the masons at the Houses of Parliament and Woolwich have given us a specimen rather too recent to Le very popular. GLOBE.—The Monopolists are beginning to feel themselves a morally beaten party. Some of the more stupid of their number may sneer at this ; they do not know what a moral beating means, and can feel no thing but a physical one. Notwithstanding, however, their boasted majority, they are beginning to . feel them selves beaten. They are giving ground ; the " No surren der" of his Grace of Buckingham has rare echoes. Almost all their scribes and speakers, while " swearing." like Pistol, are preparing to " eat the leek." The Herald of this morning, in an article which we extract else where, declares that with all " moderate men," the sub ject has now become a question of compromise. We congratulate the moderate men of the Herald on this conclusion ; but we consider the right to the epithet, derived from their previous doctrines, as something of the same kind with that of the master who addressed his footman, " I think I have been a moderate good master to you, John." Whereto the reply was, " Very moderate, Sir." The moderats men of the Herald would not now for the world restrict or tax ma chinery. We are happy to hear it. 'lle time is not far back when they proclaimed the policy of doing both. The moderate men of the Herald have an opinion but moderate of the comforts enjoyed, for the most part, in the manufacturing districts, amongst the work people. We are sorry to say, so have we. The v:eis situdes in their condition, demonstrably produced by restrictions on food more than any other cause (as we shall endeavour to show presently) preclude a condi tion of steady comfort. The question is, whether ma chinery has caused their discomforts ? Whether, with out machinery, they could have had what means of comfort they have had ? Whether machinery has not enabled them to work for foreigners beyond the home market's demands ? And win ther it is machinery that prevents foreigners giving themfiod for work ? STAND ARD.—The Times has been so cruel as to rob the ex-Ministefal party of their only English gr:evance—a grievance upon which they have been feast ing for the last fortnight. This grievance is the appoint ment of Lord Heytesbury to the vacant Governorship of the Ise of Wght, with a salary of fifieetz hundred pounds a-year. The appointment is not to be disputed, but the Times shows, by an extract from the patent of the Noble Governor, that the salary is altog ther a gratuitous addition of the Liberal journals ; for Lord Hey tesbury is to derive no salary from the dignity—not fifteen hundred pounds per annum, not even fifteen pence, in the shape of salary, perquisite, or any other shape. When the grievance was first brought forward the Liberal journals called upon the public, in a fine tone of indignation, to receive Lord Heytesbury's appointment as a specimen of the system of government pursued by Sir Robert Peel's ad ministration. We suppose that the specimen is equally faithful, whatever quaLty it represents ; and we therefore think that our Contemporaries, now that the truth is knows-, are called upon to render their ap plause as zealously to Sir Robert, for the surrender of 1,500/. a year, as they directed their reproaches against him when they erroneously believed that he had reta ned it. For our own part, how ever, we do not think that the case would have been ono for much blame if Lord Heytesbury had been permitted to retain the salary with the office of his predecessor. And though the surrender of the salary is, on the part of the present Go vernment, a respectful and graceful concession to the opinion of Parliament in the matter, we are very far from subscribing to the soundness of that opinion. Ina consti tution like ours the Government must avail itself of the services of able men, not only in routine officers, but in various other fields of exertions ; but the most able men are not always rich men, and the question of re munerating those who have served the country not ices usefully because unofficially, must frequently preseet itself. Remuneration by sinecure offices is, ee are disposed to think, the most economical on the whole, because it fixes a limit, and because a sinecure office usually carries an honorary distinction that greatly aug ments its money value, so as to make the actual payment go far as a reward beyond its mere pecuniary amount. COURIER.—The profound silence of the organs of Whig-Radicalism on the subject of the municipal elections that have just concluded, affords, when inter preted aright, a powerfully cutting commentary on the diatribes with which they daily regale their readers con cerning the unpopularity of Sr R. Peel's Government, and the foul influences upon which it depends for support, and by which it had been carried into power. We do not attach so much importance as some of our Contempre raries appear to have done, to the r esu lt o f mun i c ip a l elections, believing that the decision of the bur gesses is in many cases liable to be swayed by private and local considerations, and that the elections often turn upon the chicane and dex terity of the parties connected with their manage ment ; but we never refused to receive the general result, whether adverse or not to our own principles, as a tolerably plain indication of the political opinions that prevailed paramount in the cities and towns of Engl ord. We well recollect the burst of insolent joy with which these el e ctio ns were h a il e d fiv e years ago by the prints In the service of the then Government, and the fervour and earnestness with which they were dwelt upon, as the most irrefragable proofs of the ascendancy of Whig-Radical principles. Year after year have we s: en the triumphs and advantages then obtained by the rampancy of faction gradually on the decline ; the spirit of reaction was abroad, and was vastly accelerated in its march, and influenced by the jobbing, the profligate extravagance, and grasping, greedy, selfishness of the new town councils. Each suc ceeding election witnessed a diminution in the Whig- Radical elements that had upon their first formation under the new regime entered so overwhelmingly large into their composition, until the characters originally impressed upon them have been nearly t ffaced, so that- instead of continuing, as they were, the citadels and fortresses of the movement party, they hay 4::ecome soundly and staunchly Conservative—a change as which the holders stand, the repetition of the word is important. The circumstances connected with the let ter increase its value, for the party who received it had previously warned the Chancellor of the Exchequer, that if his bills were impounded, he would take care that certain other spurious bills should not reach the Treasury, but that he would• institute legal proceedings against the parties from whom he had received them, and subpwna the Government officers as witnesses. The answer was, that the Government would act ac cording to legal advice, and the result of the matter was the letter in question. Ail this proves that a full knowledge of consequences was insufficient to prevent the Government from adhering to their determination. It is rather singular that amidst all the discussion to which this affair of the spurious Exchequer bills has given rise, no notice has been taken of the influence which, beyond all doubt, they must have had upon the current transactions of the Money Market, and upon the value of money itself. Yet this is a very impor tant and curious fe iture of the question. It is a known fact among the higher monetary circles, that the ex cessive rates of interest not only paid, but voluntarily offered, by the persons who wished to borrow money on Exchequer bills, gave a fictitious value to money, which caused a great deal of misunderstanding and ill-feeling among capitalists, especially those residing in the coun try, and who therefore were less able t 3 ascertain the real state of the case. These, hearing that money had been advanced on such an unexceptionablesecurity as Exchequer bills—a security which has generally ob tained the lowest rate of interest—and that as much as 6 or 7 per cent. had been paid for it, were naturally dissatisfied when they were offered only 3 or 4 per cent., and were less disposed to give accommodation on mer cantile paper. A city discount• house of the highest eminence received no less than fifty letters within the last six weeks, containing complaints that the money of the writers was not put out at a higher rate, though there is no doubt that it was employed to its full legitimate value. Thus has this unfortunate affair not only caused the greatest embarrassment to Got ernment, and the greatest confusion among all parties connected with the Exchequer bill market, but the general Money Market, and the value of commercial paper, has had its share of the influence, and is mixed up in the embarrassment. It was mentioned currently on 'Change to-day, that the party out of the of who has chiefly been pointed at as connected with this fraud, has been taken to-day before a police magistrate. Tne premium on gold at Paris is 7 per mille, which, at the Eiglish Mint price of 3/. 7s. 101 d. per ounce for standard geld, gives an exchange of 25 32, and the exchange at Paris on Londan at short being 25 40, it follows that gold is 0.32 per cent. dearer in London than in Paris. By advices from Hamburg') the price o g .3,28 per mark, which, at the English Mint price of 3/. 17e. 100. per stance for standard gold, gives an exchange of 13 6.' 0 and the exchange at Ilarnburgh on London at short being 13 7-, 1 2 -, it follows that gold is 0 47 per cent. dearer in London than in liereburgh. The course of excltange at New York on London is 110 per cent., and the par of exchange between Eng land and America being 109 23-40ths per cent., it fol lows that the exchange is 0.43 per cent. in favour of England. But the quoted exchange at New York being for bills at. 60 days' sight, the interest must be added to the above difference. The increased demand for Money Stocks, with pur chases on account of Chancery, has further improved the English funds to-day. They now present a very firm and stable aspect. (From a Correspondent of the Times.) Since Saturday last nothing further of any import ance seems to have come out on the subject of the Exchequer bill fraud until the examination at tl:e Man sion-house yesterday, and every inquiry since made only tends to confirm the correctness of the statement in Vie Times of that day, as to the origin and progress of the scheme. The names of the parties implicated are Relay well known in the city, aid the fact that the immediate agents were comp, lied to close all their open accounts by the Committee of the Stock Exchange, would seem to ague that that body are fully alive to the extent which the members so affected by the resolution of the Committee are mixed up in the transaction. It is quite clear that the chef intermeliate agent, if not the chief concoctor, of the scheme, is an out-door specul 'tor of no gr eat eminence, and it is also well known that he has been concerned in two or three rather ques tionable affairs, or what are termed in the Court rigs," within the last three or four years ; and it is equ illy clear that the brokers, through whose interme diation these frauds have been committed, knew that this gentleman was only the agent for some other person. Tire question has therefore been frequently asked, whether it was possible that shrewd clever men, as these brokers confessedly are, should have t n lertaken speculations to such an enormous extent as to have led to differences amounting to such a sum as 200,000/. or 300,000/., without being well acquainted with the names of the parties for whom they were in reality acting ? It might reasonably have been supposed that the fact °Mime transactions having been entirely settlel by means of money raised by these brokers upon the de posit of Exchequer paper, which Exchequer paper was never allowed to be sold, and was always redeemed by means of money raised upon other Exchequer bills in the same manner, would have opened the eyes of the parties so acting, more especially as an extreme anxiety was always evinced to have the seine identical bills re turned to them. We confess we think this should be cleared up, the more especially since we have learnt that in the month of February last considerable suspicion existed in the minds of more than one member of the Stock Exchange that all was not regular. The circumstances which gave rise to these suspicions, as stated to us, are these : The two principal brokers whose names are men tioned as concerned in these affairs, had at different times borrowed sums of money from an individual be longing to the Stock Exchange, upon the security of Exchequer bills, to an extent, as we are informed, of upwards of 70,000/. In the course of February last, some of the bills deposited with these parties by acci dent found their way into the market. Upon the bor rowers calling to redeem eleven of them, they found that the bills returned to them were not the ipsissima documenta left as security. A very angry discussion ensued upon the subject, and the return of the identical bills themselves so deposited was insisted upon. The parties so called upon made every exertion to trace these bills, and eventually, after much correspondence, ten of them were found in the possession of the London and Westminster Bank, and the eleventh in the hands of an individual residing somewhere in the neighbour hood of Al 'gate or Whitechapel, and being procured from those quarters, were returned to the borrowers. This circumstance, at that time, excited suspicion in the minds of the lenders, which was added to by ob serving that the bank-notes and ell the papers relating to the transaction were marked in a peculiar way, with initials evidently not those of the ostensible borrower ; and eventually the lenders, in consequence of thee& doubts, gradually took steps to obtain a retur n of their other advances ; the bills deposited were from time tr. time retired, and no future transaction of a similar nes ture was entered on between the same parties. Presuming these facts to be correct, and we have every reason to depend on the accuracy of our inform. ant, it is impossible to imagine that the brokers act in this matter could have failed to suspect, even if the) did not a bsolutely know, that something was wrong. Many other similar circumstaacea have been men tioned to us corroborative of this supposition, but .for the present we forbear to go into them, but shall cert. t.mt ourselves with remarking that we can hardly con nive the possibility of any set of men of business, acting for a series of years for an individual whom they knew to be of doubtful means and character, receiving MORNING SUN , from that channel sums of money to the amount Of 2501. to 500,000/. for differences, engaging i n such de perate specalations as to have caused that deficiency, and 'seeing-, also, that their differences Were paid b y . money raised, not by the sale, but by the deposit, a. one particular description of security. We repeat, it seems to us impossible that this should have tak en p lace without the brokers knowing the party for who m they were really acting ; and once cognizant that that par sty was only a clerk in that particular office at a Wilt lary, it seems to be equally impossible to bel era that the brokers should base failed to see that such do& means could not have been honestly come by, and th at they were lending themselves to a fraud. In any view of the matter, the facts before as shove . either that these brokers exercised little caution in re" speet of their principal (the contrary of which is Pro' verbial as regards the gentlemen whose names are men tinned), or else that Stock Exchange morality is ob. tained by a principal to pay a difference on a time 6 9 5. culation, so long as it is obtained, and the broker VW Ude]. Of the amount of fictitious bills in the hands of serious parties in the City we have U 3 meet a of ,ng any very accurate list, but are inclined to be!tcee that it is upwards of 300,000/. Little need be said of the notices which have e ms' rated from the Government offices on the subject. Th e extreme cart leisness of the Exchequer bill department for these last few years has been proverbial. We b e " seen that the power of signing Exchequer bills has bee" • commonly delegated to others by the proper officer f the whose duty it was to execute that department o public service, and if we ate to judge from the coarse now taken to ascertain the validity of the documentf, the public may be well led to imagine that the counterfoil is the only criterion by which the goodness of an 31 ',; chequer bill can 1.): tested, a criterion which wear eau to ar would render useless, and which involves the ab surdity that the application of a pair of scissors to trim the ragged edges which accident or time may have given to an old document would impair its valditY, an ti which loses sight of the fact, obvious to every merchant who has ever cut out five checks from his check-boo k at a single stroke of his knife, that the cut edge s of 111 of them will correspond with the counterfoil of the upper one. The feet is quite clear that the business of the 11 ' . chequer-hill office has been conducted loosely, o re lessly, cn false principles, and in an improper manne r ' by men unacquainted with the forms and requirements of business, and that in future the system must be altered. Business documents meant to be transfer/thief • require business men to manage them ; these should bt be on the spot to answer questions and to resolve d oun ; Had such men been in the Exchequer-bill o ffice, an ° , • uch offica in the city, this fraud could scarcely W s been committed—most certainly could not have bcea carried on for such a length of time. CORN AVERAGLEN. GENERAL AVERAGE PRICES OF BRITISH COltro. o f For the Week ended Ca. '.:9, 1841, made up from the Return' _A the Inspectors in the different Cities and Towns in Englana a"' Wales, per Imperial Quarter. Wheat l4s. 53 Oats - ~, Barley 3ls. 73. Rya I AVERAGES OF THE LAST SIX WEEKS. PEA"' Weet ending WHEAT. BARLEY. OATS. JIVE. 1 BEANS. - _.....• .-------- ------ ---,-, ..----- ------ --- A i 11 &pt. ' , 4 39 5 22 3 38 5, 45 . 9 -,.- 2 Oct. 1 8 15 i 2 3 3: 6 '2l 8 3d 3I 3, 6 a',, • 1 22 2') IlwrifttiaL AGGREGATE AVERAGES OF THE SIX Wg i li4, Wheat 623 9,1 Oats .......... 21, 11.1.1 8ean5......... 4 0 4- 10 j. Barley. ---- ----- • DUTIES OW FOREIGN CORN. Wheat "4s. Sd. Otis Barley l2s. 4d. I stye THE MARKETS.-YESTEROA. COLONIAL MARKET. The private transactions were unimportant, the public 5& light, and no material variation took place in prices. TEA MARKET. There was little business done, but Company's Congou c 00l not be putchabed under Is. lOid. cash. TALLOW MARKET. n et. Demand steady and prices firm at 475. per cwt. on the or WHITECHAPEL HAYMARKET The supply IA as middling, with a fair trade, aniprices were without alteration. COUNTRY CORN AlARkElS_______.---• rose' . Wheat. Barley. 1 Oats. Leans. ............. -......----- • - , , 4. Per Quarter. s. to e. s. to s. s. to s. a. to s. ', -- 411 6oston *drawn ce 52 70 27 34 93 29 131 38 35 .9 I4jl • 8 ighton 62 76 29 38 23 26 '42 40 .. $.9 Cambridge — 1.1 I 31 16 35 --",„, 44 Chichester 62 74 30 34 24 '43 44 4o ; 5 ' 40 Dunmow Grantham - .... Grimsby 56 74 129 33 lb 21 ,36 40 -"„ 14 Hailsham Ilitchin MI 7,3 23 34 22 30 34 45 --• 35 , Ipswich 6O 671 28 :2 21 1::6 33 31 j 33 Lewes 59 CS 26 29 22 25 34 39 '-", 30 Lynn - Maidstone 1 59 76 36 39 211 32 33 40 -"" 40 Norwich Vet worth Rumford 56 10 1.0 38 90 : - c, 2 1 42 3i 41 Sandwich i 62 71 :30 31 IVS 31 :15 4 3 39 41 qo a A "I'netintil 3 4 E- Wisbech ,59 65 28 34 'lO 22 40 1- • fi a til Witham ,02 i 2 ~ 8 :36 23 30 2-1 40 , ..,,,,, 4 0 Yarmouth LIVERPOOL CORN M 4.ltl(f.T.—Nov. 2 11' 93 Wit LAT, English, White, per 701 b.... ...., ...... ~„,,„ 10s. I'd 10 g --- Hest -- Scotch, Welch, and Manx Irish, White 8 3 0 ---- -- Red 7 9 Y 4 ------- Foreign Oars, E q•lish. Welsh, and Scotch, per 451 b 2 10 4 ---- Irish... Foreign ALLY, English, Malting, per Imp. quarter ... 37 9 91 . --- Scotch and Irish, per Nibs. --- Feeding 4 2 ", 0 BEANS, English, per Imperial quarter 44 0 0 -- Irish, Set.. 45 Foreign 40 0 44 0 PEAST., English, per Inii.erial quarter 4O o t o ---- Foreign Elena, English, per 2.601 b. _ ‘--- Irish 110 OATMEAL. English and Irish, per 9.4iiing .. 28 0 40 0 INDIAN COLIN, ptr 4801 b. .n. 1.. 33 0 30 0 Rv E, per Imperial quarter v ... 3 b 0 ' ; 0 to 0 4 MALT, per Imperial quarter The Branching Junction Railway Com Pall have agreed to unite with the York and North Mid 131 ;a: the North Midland, the Manchester and Leeds, theirw, land Counties, the Great North of England, the y castle and Carlisle, and the Durham JUlletioll Companies, in taking a lease of a railway which is P h "; posed to be made from Darlington to join - bhe Du $ Junction, a distance of 22 miles, and thus comre'ear continuous line of railway from Loturon to New el ' s ( ' to upon-Tyne. The several Railway Companies allude sea are to guarantee to the shareholders of the pror te d Company six per cent. per annum upon the esti° capital for ten years after the line is finished. SILVER PLATED CORNER DISEIrf . I4, A. B. SAVORY and SONS, Manufacturing SilversetiS".g; the Cornhill, London, opposite the Bank of England, sub r4O ices of the following patterns of strongly-plated CC!", d , for DISHES, with silver handles and edges, and silver Ole' engraving the crest or coat of arms : The Gadroon Pattern. The Flower Fattero• Four strongly-plated cor- Four extra stronglY- 0 ner Dishes and Covers 10 10 plated Corner Dish 6 .. 0 I Four extra strongly plat d and Covers ............... Corner Dishes and Covers 12 12 tbs g N. 13. The Covers are made with moveable handles, riarcied they form extra dishes. Drav‘ing3 of the above are for ° to auy part of Great Britain or Ireland, pox a;4l fro. 6: C. J. DENT begs to acquaint his Fri end : 5; the Public that ho has just had the honour of receio'lly subjoined letter from the Ad miralty Copy.) " Adniralty, 29th September , l o f " Sir—The annual trial of chronometers for the n se re ceOr I'lajesty's Government Laving now terminated, I I te i p fort mended by my Lords Commissioners of the Admiralty t°, lo fel' you that their Lordships have directed me to pue chaso i t t he m lowing chronometers at the various prices specified aga ills respectively, viz.:— Dent, No. 1,571 55 guineas Dent, No. 1,606... Dent, No. 5,621 (p oc ket) -80 guine a ' k 1)8 " Their Lordships having b e e n pleased, in order to Inilorollf superior performance of 1,571, to assign to it a prop" increased price to that usually given. " I am, Sir, your most obedient servant' _„ber 4, F . BEAUFORT, Hydror r 4, T o Mr. Dent, Chronometer Maker, 82, Strand. petecl I ! Out of 80 Chronometer:, by various Makers, out o f 1 11- e4 , l ° . h on, 0 4 the late trial by order of their Lordships, the above three, with two selected for the Niger F./We- 41 1,0 tln° be "for t he others, enables Mr. Dent to a ffi rm that he' believes eta° 1)1 year supplied their Lordships with more Chronno t han use of the Royal Navy than have been . furnished to any other Maker. at it It affords Mr. Dent additional pleasure to state th at roa ro to their Lordships' high recommentlatiati he owes the • e zer 55 '‘ having made a Gold Chro nome t e r, presented to th e to pedition by his Royal Highness Prince Albert. A wa t e liei A , c b u e s o t o b i ; a re i e n rss e e t l ng traapttrii(2.te,ouSs of trand, price one shilling, but pre s ent er' t Two-day Chronometers, 40 - . BIRTHS. A gbie r A ,' it On the Ist inst. , Mrs. H. A. Merewether, of a " f au rzi r ie."'" On the 2d inst., at Escot, Devonshire, the la d y °. 6 Kennaway, Bart., of a daughter. St• e et, On the 3d inst. Mrs. E. li. Slee, of Parish-str John's, Southwark, ' of a daughter. Stor e y the 3d inst., the lady of J. White, Ew e s earge°"' gate, _...--- Westminster, of a son jr.arm O ane n s t N he et 2 to 7 On the u s g e 2 c i d: Dora,e d► aughter r t ult., E a s t q . A , M c o con c ß l r l e u n l r e n E e e r l D a l h r p t s o b r o ' n A , t r a t o b tl: i n etri d sot d .f a , u Na g L i t i t fi e lt r a, t, o ,t.s f o, S r e i o r affircod-aeSti,:plylnitihiLei p, Anderson, George,aw colt son On of the 3.1 inst., at Trinity Church, Mile-end, i, o ly Robert Ward, Esq., of Brighton, to Aug ° Ke n t. daughter of the late Rev. W. Williamson, of WeStberet .1.13 D lED. On the Ist inst., at Baxterl4 Hll y A , near of 11. No i Rio - I tli ,-, i on. Louisa, Countess of IC , • the wif e in.ot e, Arnold, Eq., M.D. o f Mr. A ther4too, r.b On the ISth tit., at Gibraltar, Otdo, second son T. Young, of Mark-lane , s'Aieitor , a g ed 26. relic t On the 19th ult., at Poch , s ter, Mrs. M. Thompson, of Mr. J. Thom peon. late o f Livi ie On the 27th ult. , in Je rse y , John Lyney, Eq.? house, aged OS. On the 28th ult., at Moresby Hall, Cumberland, Sara'' , . tbB eldest daughter of the lite John Tate, 17,q. , of On the 29th ult., Captain Henry Frederick CLurtoeY' of the 10th Royal Vetetan Battalion, aged 62 . of Whitehaveniste On the 30th ult., Mary, the wife of C. F. Adey , f s q . ' Hanwstud. ....1 i hoot, On the 30th ult., at St. Alary-le-Strand-plcce, ''''',,' road, Lewis Howard, Esq., late of her Majesty's Cost110tel• On the 31st ult., Alr. R. W. Guy, of the Dolphin Southampton o rf° °f London: Printed and Published by MURDO . -,ii to 4' No. 112, Strand, at The Sun Office, No. 112, °. t -r She county of Middlesex, Friday, November 5 ; 184" A