The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1833-05-07 00:00:00

7..Mc Aiberpoot Attanbarti. TUESDAY MORNING, MAY 7, 1833. We received last night the following intelligence from our private correspondent at Plymouth :-- " PLYMOUTH, Saturday, 4th May.—The Nimrod sloop of war arrived here yesterday, having on board 150 men lately form ing a portion of the crews of. Sartorius' squadron. The Nimrod proceeded on to Portsmouth the following tide, and I have been assured, through a private channel, that . the Admiral's imme diate resignation is certain." 'We have every reliance on the accuracy and correct information of our correspondent, as the insertion of the above shows, yet we must frankly confess, that it is hardly credible that one of his Majesty's ships should be em ployed in thus taking part in the contest, openly aiding the adventurers, and violating all Lord Palmerston's and Lord Althorp's pledges of strict neutrality. There is, to be sure, one reason for believing it, apart from the re spectability of our correspondent, and that is, that not the slightest faith can be placed in the promises of any one member of the present cabinet. Carrying home the disabled pirates may not be considered an act of inter. ference, on the rule of the Foreign Secretary, that bom barding a citadel, and carrying away its garrison as pri soners, is not an act......0f war. We shall perhaps hear more of this transaction in a few days. WE have, it appears, given Mr. William Ewart more credit for consistency than he is entitled to. He voted against ministers on Sir John Key's motion, on Tuesday last, and our mistake consists in setting him down as one of their thick-and-thin supporters. It is a grievous mis take; we are heartily sorry for it, and promise never to do him so kind a turn again. _ _ Reader, only bear in mind that on last Tuesday we' published a letter, written by this same Mr. Ewart, in which he defends his vote against the reduction of the malt tax, on the previous Friday, on the ground that it was calculated to embarrass ministers and drive them from office. He thought it better to Prolong the burthens of the people than lose the services of Lord Althorp and • his colleagues. But, after making this defence, and giving these expla nations to his patrons, Messrs. Cropper, Benson, and Co. what does our honourable and consistent representative . do? He goes down to the house and votes against mi nisters, on a question which directly involved their reten tion of office ! He votes, on Tuesday, that his vote on Friday ought not to have been given ! He votes against the repeal of the malt tax on Friday, and in favour of it on Triesday,; and not only in favour of it, but also in fa vour of the additional repeal of the house and window duties! There is reason in roasting cockles, and perhaps Ewart knows why ; but his reasons for supporting ministers, by voting against them, are beyond all human comprehension. Sir John Cam Hobhouse's resignation of his seat and place, previous to the debate on the assessed taxes turns out to be just what we anticipated, as glaring a juggle as ever was perpetrated by a petti-fogging attorney. Sir John is still in office, his resignation not having been ac cepted ; and he only waits the honour of being returned -by the electors of Westminster, to put aside the mask, and exhibit himself as the secretary for Ireland. That the electors of Westminster will allow themselves to be duped in this manner remains to be seen. Their representative had not the candour or the honesty to resign his seat in sufficient time for them to express their sentiments in Parliament, and yet he stood pledged either to vote with them or retire. He retired, it is true; but he might as well have absented himself; for his vote was lost, and if he should be returned again, what is to prevent him from serving his constituents a similar trick on the very next opportunity ? We observe that Mr. Escott, a conservative, is in the field in opposition to Hobhouse, but we are afraid he is too late; at any rate we wish hini success. The defeat of the Secretary would be a great deliverance. LORD GREY might now exclaim-with Macbeth : "Hang out the banners on the outward walls, The cry is still they come!" • Yes, the Unions are up in tongue, if not in arms, and the cry in Downing-street is they come ! Birmingham has had - a preparatory meeting, and in a few days there will be, as during the reform mania, threats of invasion, vows to pay no taxes, exhortations to passive resistance, if not the open menace of assembling five hundred thou sand men on Hampstead Heath: • All this is precisely as we anticipated. The whigs have created a giant which is standing over them, with a bludgeon in one hand, and a brick-bat in the other, re solved either to extort an implicit compliance with his demands, or knock out their brains. The doctrines which the Political Unions now inculcate were -first taught them by his Majesty's Ministers. When Lords Grey, Althorp, and John Russell, became corresponding members of the Birmingahm destructives they recognised the constitutionality of the principles which they then taught and still teach.. Lord Milton, now Lord leitzwil liam, declared he would pay no taxes unless the reform bill *ere permitted to pass. Mr. William Brougham made a similar declaration in Southwark. • Mr. Thomas Duncombe sang the same song at a meeting of revolu tionary shoeblacks at St. John's Wood; and various other persons, equally respectable, entered upon the journals of tap-rooms and smoking clubs equally illegal and seditious protestations. But where is Lord Fitzwilliam now ? If a refusal to pay taxes in the summer of 183'2 were justifiable, it must be as defensible in the summer of 1833. The cry then was to overawe the King, and keep the whigs in office. The cry now is to compel the whigs to reduce the public burthens, or drive them from office. 'The people, even the members of these unions, have been shamefully' used by ministers and by their representatives. Look at the conduct of Burdett, Brougham, Horne, Lushing ton, Hobhouse, and Others. If they were not all pledged against the assessed taxes, the most of them were, and every one of them well knew, that their repeal was de- THE LIVERPOOL STANDARD. manded in a tone which could not be misunderstood, and with a unanimity which it would be dangerous to dis obey. They, nevertheless, in the teeth of this demand, voted for ministers and against their constituents, thereby not only bringing contempt on the past decisions of the house, but also shutting the door against the hopes and anxious prayers of the middle classes of the population. There can be no doubt that the malt tax, and the house and window duties are most obnoxious, and in many re spects unfair imposts. Talk of soap, tiles and cotton, in deed! They were mere jobs, not a whit less disgrace ful than that of Hume which we exposed in our last. The soap was a sop for one Hawes, the member for Lambeth ; the tile affair was a boon to some joint-stock brick-makers in the vicinity of London; while the five-sixteenths of a penny on cotton wool was a small bribe offered by Mr. Poulett Thomson to some of our excellent friends in Manchester. But what is to be done now ? The u nions insist upon rediess, and declare that they will compel Lord Althorp to obey their mandates, and eat his words once more. It is true that the Globe and one or two other ministerial papers call for coercive measures, and threaten them with something akin to the curfew bill for Ireland. This would, indeed, be the unkindest cut of all. What ! coerce their friends !—ride down their faithful allies ! wage war against the real authors of the reform bill, and the very same patriots who have kept Lord .Grey and his family in office and clover for more than two years ! This would be ingratitude of a very deep dye. In short, Lord Althorp must repeal the assessed taxes, and that he will learn before he is many months older, provided he. occupy for so long a period his present situation. For him and his colleagues this must be a very pleasant state of things, and it is delightfully refreshing, as Leigh Hunt would say, to witness a squabble between the pot and the kettle. The odds are decidedly in favour of Brumagem. WE have upon the principle of audi alteram partenz admitted a letter, (it appeared in the last number of the STANDARD) from our esteemed correspondent Mercator, on the subject of the currency and Peel's bill. It has perhaps, been observed that our correspondent takes a very different view of this important question, from that which we have adopted, not without dispassionate con sideration, and to which we have constantly adhered with an unvarying conviction of its soundness, ever since the bill of 1819 became the law of the land. Our opinions, therefore, cannot be swayed by. the arguments of Mercator, able and ingenious as his letters have proved him to be. On the .other hand, we are always gratified in listening to an intelligent opponent, and particularly so when his facts or his inductions have a tendency to confirm our own principles, which happens to be the case in this instance. Mercator states, " that the Bank restriction act of 1797, whilst it protected that body (the Bank of Eng land) from being called on to pay their notes in cash, also fixed a limit far the duration of that system, and a period when payments in cash of standard value were. to be resumed in all cases." This we must take leave to deny. There was no period or limit fixed for the resumption' of cash payments. If this had been the case there would have' been no ground for cavil, on the score of equity, whatever there might have been on the score of expediency. If there had been a period fixed, there would have been no necessity for the Bullion committee—no necessity for the currency committee — no necessity for Peel's bill, Lord Londonderry's post ponement of its operation, or Lord Goderich's amend ment bill, in 1826. The period of returning to cash payments was left to the wisdom of parliament; and the act of resumption was never treated in the House in any other light than as a question of expediency. Parliament, therefore, had the power, as every fund holder knew, to resume the old standard, or continue the depreciated one, at its sovereign will and pleasure; and if it had continued the latter to the present hour, no charge of hardship, or grievance, or injustice could have been substantiated against it. This was so well understood, that when Lord Liverpool and Mr. Peel proposed to legislate upon the subject in 1818 and 1819 they never contended that the period had arrived when Parliament were bound to resume cash payments. All that they asserted was, that the nation was in a condi tion to do that, which it was desirable to do, when it could be done with safety. There was no existing law— no act of Parliament—no penalty in the bond—urging the house to convert paper into gold. Mr. Peel, founding his argument upon Mr. Ricardo's fallacious calculations, contended that as the whole amount of depreciation did not exceed 4 per cent., the difference between the paper and the gold was so trifling that no injury could be in flicted upon obligants, and no difficulty experienced in returning to the ancient standard. Had Mr.'Ricardo's calculations been accurate, Mr. Peel would have been right in principle, however wrong on the ground of ex pediency. But both were decidedly mistaken. Mr. Ri cardo, who was looked up to as an authority, was no au thority at all. His criterion was false, his calculations erroneous. The measure was, consequently, based upon error, and was, in point of fact, one of the greatest poli tical blunders ever committed. Mercator, it would appear, considers the bill of 1819 as the healing measure, and act of indemnity for the wrong inflicted upon the nation by the suspension of cash payments in 1797. Speaking of that suspension he says, "the mass of irresponsible paper circulation to which it gave rise, and with which the country was in undated—the wild and unbounded speculations for which it supplied the means—the ultimate destruction of con fidence which ensued—the panics and convulsions in the mercantile and monied communities which it produced, and the ruin it entailed on thousands of its credulous vic tims," &c. &c. This is strong language, and these are serious charges brought against Mr. Pitt and one of the boldest and most successful measures which he ever adopted. Here, however, we must again differ from our respected cor respondent. In the name of that departed spirit, the greatest man that England ever produced, who saved his country and Europe from the infidelity and the demoral ization of the French revolution, we deny the charge. The period of the suspension of cash payments was that in which this country made the most rapid strides in com mercial and manufacturing enterprise which is known in the history of the world. Compare the prosperity that shone upori. us from 1797 to 1816, with the poverty, the insolvency, the turbulence, the discontent, and the misery which have prevailed from 1819 to 1833, and we shall at once see how the balance turns and where the truth lies. Since 1819 there have been more bankrupts and insolvents, more compoundings on the part of debtors—more panics and convulsions—more distress among the people—more embarrassment in all the leading branches of industry— more vice and more criminals in England, than during the whole of the war. We do not mean to say that we owe the former entirely to the suspension bill, and the latter to Peel's bill ; but this we do say, that we owe al most entirely the manufacturing, commercial, and agri cultural prosperity of the former period to the paper currency. But for that paper Manchester would not have been half its present size—Cheltenham would not have been the residence of so many rich and retired trades men—Paisley would have been a little dirty unknown town—Liverpool would not at this hour contain 200,000 inhabitants, nor a moiety of its churches and public buildings; nor a line of docks the most splendid in Eu rope. It was the paper money that made our manufac • turers lords, and our merchants princes—that has studded our island with costly mansions, and noble halls, and magnificent vistas terminating in some turreted retreat, the owner of which perhaps, or the owner's father, was an humble weaver. In illustration of this let us take the instance of the first Sir Robert Peel, and let us hear his own words. He has repeatedly declared, in speech and pamphlet, that he owed his success in the world, and his splendid fortune, partly it is true to his own industry and enterprise, but chiefly to the facilities which the paper currency gave to these exertions. He assured the meeting at the London Coffee House, over which he presided, and which was held, we think, in 1819, that it was his interest as an in dividual to support his son's bill—that if it became a law it would "double his fortune" —but interested as he was, he would oppose it for the sake of his country. It was a noble and inimitable burst of patriotism ! He had the prescience to see all that has since happened—he saw the 'calamities that were coming upon his country—he was willing to make every sacrifice to avert these calamities —he warned us of our danger, but he warned in vain ! We agree with Mercator that faith must be kept with the public creditor; but it would have been no breach of faith to have paid him in the same kind of currency in which he lent us his money. He did not lend us gold —he did not lend us silver—he lent us paper—notes of the Bank of England, or a certain measure of labour, measured by the current value of these notes. Why then pay him in gold ? But supposing that there had been a specific contract to pay the public creditor in gold, which there was not, why compel every other obligant, who contracted in paper, to pay in gold ?. Our corres pondent, if we understand him correctly, will not admit that the obligant was robbed in 1819. We . most respect fully submit that he was robbed, and we call . Sir Robert Peel himself to prove our case. Sir Robert admitted that the currency was depreciated four per cent. in 1819. Forty per cent., in our opinion, would have been nearer the truth ; but be it four or be it forty, it was robbery. If one of Lord John Russell's three-and-tenpenny householders were to pick Mercator's pocket of a shilling or a sovereign he would be equally a thief. If the debtor therefore—the tenant under a lease—the administrator under a will—the obligant under a mortgage for instance —be compelled to pay, four per cent. more than he was otherwise bound to pay we Insist that he was defrauded, and the moral wrong is not less a wrong on the ground that it was committed by parliament. This is our strong est argument in defence of the planters and proprietors of the West Indies. If parliament do wrong, it is bound in justice to makes restitution, and if this justice be not done, then justice is a mockery in England IN the evidence of Mr. Raynes before the Committee on the Liverpool Election, and which appeared in the last number of the STANDARD, a mistake has crept in which we hasten to correct. Mr. Raynes is asked, "Do you know Allan Bland at all ? The printed answer is "yes," but it should be "no ;" the witness did not know the man at all. By the way we have now printed nearly the whole of the evidence, and our next number probably will close it. In thus submitting to our readers the first glance at the extraordinary trash produced by • Mr. Win. Rathbone, and facetiously termed evidence, we have unwittingly spoiled a nice small job which was in preparation by some of our ingenious contemporaries. They have for the last few days been busy in making up a book—printing off the minutes which we have already published—in or der to turn a shilling, and make an honest penny by their sale. We are sore afraid, however, that we have spoiled both their fun and their profits. We have forestalled them, by quicker sailing, and raked the market, at which of course they are exceeding wroth. But why don't they publish the evidence, if evidence we must call it, in their several newspapers ? Are they interdicted ? Or, are they ashamed ? We have given it almost verbatim. They might take it from us, for they are welcome. Their readers, if they have any who do not see the STANDARD, would be greatly obliged and very much diverted. But the secret, we suspect, is, that they dare not. They are under bond in this matter. The stuff is too contemptible to bear further exposure, and those who produced it, we are confident now wish that it and all their witnesses were at the bottom of the sea. But we . have not done with the business, although it is now admitted that the committee have. BONDING CoTroN.—Nearly 70,000 bags of cotton having been im ported since our last, and all that now arrives being bonded until the period.for the reduction of the duty on cotton shall arrive, the bonded warehouses are tilled to overflowing. The King's warehouses and even the Custom-house yard are filled with the staple ; but so heavy have been the imports that Sunday' as it was, the east side of Canning place, opposite the Custom-house, was crowded with carts loaded with cotton, the King's otlicers nut having room to warehouse many thousand bags. LOCAL. Monday being theCfiHE these first d S a T y E o l f t fine, there was a full attendance of visitors, °,enta, Liverpool. The number of horses this seaso%iragt. usual; but, from their character, and the ac!?c, of the course, the sort is expected to be exce l !, FIRST DAY.-11C Grosvenor Stakes, of I. all? 50 sovs. added by 1 the Stand Committee, for ai Lord Derby's gr c Falconbridge ............. Sir 'l'. Stanley's gr h Caractacus .......... ..• .. . Mr. Beardsworth's br c Ludlow ........... Lord Westminster names b m Sally Magi _•_' cl ; • , A Produce Sweepstakes, of 5 0 sovs. e. Mr. R. Turner's b c by ............... Sir T. Stanley's bf by Lottery ......... A Match of 100 soy. h ft.—One mils Lord Grey of Groby's b c Philosopher ...... Mr. J. F. France's b f Lauretta ........... A Match of 100 says. h ft.--Two nine Mr. Armitstead's h g by Lottery ............ Mr. France's b f Orphan ................ a to The Tradesmen's Cup of 100 guineas, adde Sweepstakes of 15 sovs. each; 10 so Sir R. W. Buikeley's b h Pickpocket ...... Mr. Mostyn's bin Her Highness .......... Lord Derby's gr h Speculator ........... A Maiden Plate of 50 sovs. the gift of the Stn Heats, twice round. Mr. Griffith's ch f Saccharina ............... Mr. H. Phillips br g Mammoth ............ Lord Derby's br f Wagtail .............. . ... MAGHULL RACES.—This meeting, which takes nesday week, is likely to be graced - , we undeql4.! sence of one or both of the stewards Sir IL ‘,`,, Mr. Massey Stanley. It is expected the fieL" greater number of high-bred cattle than it . e , O boast of. The silver tureen, va lu e 100 sover ei br seen at the shop of Messrs. H. and J. Danie ls ', is a beautiful specimen of workmanship, arid re' on these gentlemen, by whom it has been man' cup may be seen at the shop of Mr. Wordlcy, J udi It is superb. The committee have, this year, Pt el ed a tureen and a cup, instead of two cups , as We are happy to learn the committee of Buildings have had the liberality to present to Institution A large chart of the World; `k a le; Ditto ditto England and Ditto ditto Europe • Ditto ditto Lancashire ; and that our worthy Post-master, William Ba ni also expressed bis intention of making a simila . r i same useful Institution.—We trust the munifi(etn, poration will, by the presentation of a piece ° • its directors to raise an edifice suit ble fur their / augmentation of the members proceeds revala?, from 70 to 80 per month, and, .as soon as the we understand the new building will be coinniei We have been much gratified with an insls Pocahuntas," a new American Packet ship, c ul l this port and Philadelphia, and now lying Incise This splendid Vessel is about 600 tons burthi ' spacious, and are furnished with much taste, work is most beautifully ornamented with variou'e'si, The Figure at her head is intended to rer es Princess, whose name she bears. SPEEDY JUSTICE.—On Monday morning last , stre ct the house of Mr. James Irving, Great Homer; ar ticl e was entered by means of false keys, and several:l,lpol stolen. Fortunately the thief was perceive d, I he o Mr. Irving's servant, and the alarm being ; gic e° ,' in Nash-grove. He was immediately c° lli o s the Kirkdale Sessions, on Thursday, he twelve months' imprisonment and to be kept at Several similar robberies have been counnitte ly, and no doubt by the same thief. We uude l , that the watchman, who was the principal ca,ii.;,, hension, is refused the usual allowances mad e „, e CHURCH ROBBER Y.—Ou Sunday night last .11": contrived to enter the vestry of St. - John's Cht u d e er they succeeded in purloining a silver watch an in gold. The churchwardens have offered a re the discovery of the offenders. In consequence of the representations of our eel to his , .,Majesty's government, an officer has ". 00 inspect the condition, equipment, accommodati. ots• of all vessels sailing- from this port with the duty of this officer will be to advise, assist.a_ imposition this class of persons, who from t he ir inability to protect themselves, are so liable t o by the designing. Some cases of great distress. under our notice of poor people who after si , t o ,, payinc , for a passage to a " land of promise ' • thrust ° out of the vessel in which they were to told told to return at some distant day. 'We , the Mayor for his exertions on this subject , a c t state that the gentleman appointed is expect ed duties of his office immediately. • LONDON LATEST 1 451 * Saturday Evening, Half:r ag , : There has been nothing of any mome ntdoiar , our last, but the market is rather more buoyant;l, count 871 was the closing prices this after o . ° o In our Foreign Market the chief spe cula ce a Brazilian Bonds, which have gradually ads Northern Bonds are without any alteration 0 t Be ll i sian Bonds are 1021 ; Danish, 72i ;au dend, which is now in course of p a yment at , ' Bonds the market is very flat, 18% 1 9 tion. Portuguese Scrip has been rather en discount being 4%. In other Stock there is Commercial advices from Canton state the oci the Opium Market had entirely subsided, a j ll ' nominal. Foreign holders co nti nue d firm an" l the first arrival of the junks would give the . 0 pulse and advance prices. Th e i m p ro vernent• had been maintained and the deliveries coo r tii further advance had taken place in 'Madras gal the market was looking down, which Wa s quality not being so good as in former Yea r ! ,; nuance of dry weather, and as the Chinese al . have partially failed also this y ear no mate ll The anticipated. Metals were without demand. 0010 on Spelter by the Mandarines had not be e t' prices were alone obtainable. Th e Tea Ma r .„- little alteration, except the inc re a s i n g scar ci- j . t Prices of Green Tea continued very high au s i ; brisk. Sales of Silk had been made at 35 ° t° MARRIED. On the 23d ult. at Holywell, Mr. Joseph Jone of, Mary Ann Pritchard, of Holywell.. On Wednesday morning last, by special licen,eibe'. Lee's Marine Villa, Black 'Rock, by the Veneratio, 0 Kildare, John Meiklam, Esq. late of the 9th Lano, e ,, t , eldest daughter of the Rev. Sir Harcourt Lees, 134 " c on' i " mony the young couple set off for E sse xfor(l , Glebe-house of the bride's father, where they I %ire• days, on their way to Mr. Meiklam's seat in A-P e t, by. On the Ist inst. at the Parish Chur c h, Stocl , r r of Prescot, Rector, Thomas Hardcastle, jun., D' q o ' al near Bolton, to Elizabeth, eldest daughter of S 3i Pole Bank, Cheshire. el 31') On the 22nd ult. at Glasgow, the Rev. Samu minister, of Doncaster, to Miss Wardlaw, Wardlaw, of Glasgow. On Wednesday last, at St. Mark's Church, M r • t i l e km. to Charlotte Cummins, fourth daughter of Davies, Church-street. 1,0 14 On Thursday last, at the Friends' Meeting - 7 John P. Milner, of Warrington, to Mary, Robert Alsop, of the above place. me ) Same day, at Prescot, Mr. Richard Seddon, only daughter of Mr. W. Forber, Prescot, e gel On Saturday last, at St. Luke's Church, by th e A., Mr. Edward Brown, to Miss Jane Berringtou• DIED. 0 0 ' Chee On the 3rd inst., in his 50th ye a r, Fr a ncis ao the Island of Barbados. aIL era at e In January last, on board the S w ift su re, at years, henry 'Laskill Martin, eldest son of , e F l tin, ship-broker, of this town. bl3 l bi,. • On Sunday, the 28th ult., in London,sn therfurd, formerly of the Star and Garter How' e l* On Monday last, at Wavertr e e, Susannah 131anrs. 4 daughter of the ReV. W. Macquire, aged 4 Yq ui ral On Wednesday last, Susannah, wife of Elm Lodge, Toxteth-park. On Thursday last, Mr. Joseph Stokes, aerie( On Friday last, aged 8 years, M a ria, dau 7 ht e son, merchant, Seymour-street. . 1 ` LtvEurooL ;—Printed on Tuesdays and Friday'',st'reet, John Street, and Published at No. 7, 1 11 , 4 , 11 - ' O O- 5 r SAMUEL FRAISCEYE, Stationer, of No. 7, ' 3 ' 4 JO' Advertisements are also received by Me•', 1 ,,.." 0 . 5, Dublin; and in London by M essr s. NO' ss, sgtiare, Newgate-street ; and Mr, llaanC'' ;/..,-• / Y i'; ' and ow f 1,11,,.• a d espec;-„, f ,v 7 iciniisiraiScootic:.. _ 4) ,Ilent. eacit 15 soil , i 2 at a ges. ........ ...... . ....... • ...... . ; ......... ~ early . f t ' ', ----- ----- - ___.-- z ........ ''', ....... • mile. ~i ....• ...... M iles. .......... ', .. •fl led ▪ t° . : NT soy's. i" ." 1 0, ......... '..' . , ......... ... .. .... 6, „' fit Stan d Lad ll lS: 31 er i,'S of . ...... 1$ 4 . IlLt r l t4 r. ••• • ' ' 3 3 ' e h will I t „ 11 i d 'e a • • ...; ceo' ' '"tre al. 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