The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1848-03-07 00:00:00

TO CORRESPONDENTS, A correspond , who gives m Sunda lit is-d HORN! reinar great ir batiihty that, fin will be equal to meet its or Such a fact, conclusively estahl .t to be, is sugges are le same Ebe tibtrponl Otanbarb 'NG, MARCH 7, 1848 in fac worthy of tt science of t advanvec f the es e present The history system ( irect and the revenue of the country is at 11 a vie ciple or their equ adaptation to the ob. rie urgent necessities or a state of resorted to every irn armorial bea ere selected, with an a ductive, as beir of foreign 1 ie count only in ou venue with w be conceived, n- 3d they h ch they nation of the comml way re motion of 1 It is impos a bar to the i manufacturing comma upon us, and secured of any amel of ti spare the amount malt tax i against the tion. But the excise; and tt be snared. A justifiable on e expediency, ye' we dar the ex from four to five millions sterling beCause bring upon tobacco, v hich may now 1 ial luxury of t revenue cannot spar The same may be az the ftmon advanced in and the s of ti r, to . object t not directed to the modelling our sys hat ti contec erpool for this purp, mode of raisin entering upon the q advantazes of Mr Wedo not, bov the nati rroval of the views is to ti 1 to the ration 1 le upon w )m it is im ainst min the income to . . are equable u on the bed Ives disposed e, has a 3 the comp ht be devised no t without ample the moral cou- hensive task of re i altogether. Little we cannot but ntly originated in st and useful isation of our me. Without indirect taxation, there , urselveS to an ap- forth by the confederatiOn difficulties than ey appear to do in dealing equitably with the uccession to landed legacy duty, as applied t o th y. We stOu .efore be more sanguine ,ely to ar ation for a re-tnodel- yste the evil of all such bodies, hitherto EtS a su mu the interes' to point to modes of [asses may be advan- the claims of the no G overn in fact, to b to. fibrin ned stat n - to defend our ler or m guilty of_ outrageous ie to ever sure of sanatory im efficient house drain. folly when he defends a. measu The advocate of which prohibits permit the escape of dele- et we insis hem t of deleterious gases .mit the importation of our peopl , x and other 3CI'V 0111 a hut qtly exhai )n of the coup n genera tine nu one. It hequer haracter of som 1 of 0- em, we ion made, on tt the window ta: tax upon glit is again a flood f Heaven's a mar( this impost. a of our le better ly to the d the labouring po mtributes larg h rpd on is i of principle anc !rtain this demand in to the revenu sive ; but the The impost )e ranked the espe- gricul iii presume that the complaint meant only that he was not permitted to screw down the remuneration of This result, how ved. The hands, been pretty well a tat empire passes, are, for their long hours of la ted with a pittance less than a com l. With a responsibility y other officer under the lerk is paid less than a daily hour, remun can earn at of an. han tht Ist in other government depart- iraged with the hope of pro it, as the reward of desert and Ineem an example of this equality of of the clerks employed in the Post ,e Custom-house. or, in fact, in an is service. or in private There is no one who can ty winch i in the Post -office. It it hours of labour are not I attention is not dependent more momentous, and responsi the Custom-horse clerk has to fate of a large Corn e thousands connected xvith its nere detention 'elves t ment, the ca ial err. V the vast rest humblest of t - 1 in a t Yet what is the retntinera, se hard worked servants of the publiC in y or adversit is a fair specimen of their There are, we believe, in 'ho must be persons Of some educa md character and conduct. The pay of advancement we have these poor toilers in A new man enters the .ce to look ? elated precisely the have 1: years in the s an advance —for even ltry rise from £7O to £BO as his year's salary— ] forty fellow-labourers have been dismissed, or left it steps in the, ladder to died in the ei.% has forty aps a achieves the . po- 3 the Custom-hoilse n tailor of ordinary 'ammo I as soon as he has ffice, if they hare cials, ought really on for the interests of the mate ( Ind do suffer, under the 1. What right have ..tehfulness and bodily Lloo.' f the tr by wh r own tau position in of 1 pro- s, and no pit n of the pr t system t continual )opeless strugg ye no Y it to eN ect even hones from a class of men whose !ditable to the Post-office clerks n to their number and their v found converting the pro- We trust that ese unfortunate men ature can regarc avings thus clipped from ng and respectable class. expo and mental enc e Me we i n propo own use, lone lo nor tt es of a sons of c ague impression existing in the men, probably implanted there by iir school days, that in whatever lay find t lernselv their per- eir property are protected from aggres respect in which the naval power of our eld throughout the world. Yet, it.is a which our merchants and the com- of onr c nercial marine are continually n the commerce of no other mpunity, by the meaner and most con- temptible foreign nations, than upon our own. The flags of other great,naval powers float in the harbours of the world for a definite and intelligible and are respected because It Is seen that and practically efficient in securing they are earn the p 1 of i ❑nty from of If - an At le commercial :trace of their wan citizen is relatic comme with which his country ha reml in upon and enforced. France jealous _care_ protects her subject cling - or other legitimate operations. n alone refrains from affordinff such ,n stooping to ulgar affairs and squabbles. of Her fleets are in - every sea ;ever spot es its resort ;hments in what the globe British commerce ma vbat us, al purpose those fleets present their imposing strength to the world appears as little known to their commanders as to the hum- )lest tar on board. - And, with respect to any real Sower being vested in our consuls, beyond that of mere protest, there is none such. But if prompt redress upon the s lot where in jury is inflicted upon them is virtually denied to our merchants, it is equally s grievance has made its way int hen the case of bers of our foreign office. We may refer in proof of both these facts to the iniquitous case of the Lady Sale of this port referred to by his Worship the Mayor, on a recent occasion, and most ably brought before the attention of the House of Mr. Cardwell. An outra condemnation of this ship by the Commons B more Toss than the Portuguese u throughout more glaringly in defiance of the law— cannot be conceived. Yet her owners,—Messrs. Charles Horsfall and Son,—a firm than whose members no men can be more conscientiously op the horrible traffic in slaves—none more before they:are likely, if indeed they are ever to be re-imbursed the value which has been feloni- of-war, serving upon the African station illegal seizure of such a vessel, and the loss arisit rrying out of the arrangements made for :her loading with a legitimate cargo, would have involved a Ind the British government such a calamity o the non- 'eak firm in tot )wn negl ble of with- -• • - remonstrance which ought to' be addressed to the ilritish government by the entire commercial community. It is monstrous that any British subject should be thus out raged and robbed by the representatives of a contemptible power. whose sovereign is only maintained upon her throne, at this moment, by the presence of a British fleet us I njustu have had statesmen whose t - - THE LIVERPOOL STANDARD, sufficient reply to any objection' which could have been made to an adverse, vote, as being prompted by factious molives. Those classes could not for a moment be sus- pected of entertaining the wish to leave even a Whig Government without the means of satisfying the public_ creditor, and maintainino. GENERAL TRADE IMPORT. LIVERPOOL EXCHANGE, YESTERDAY Whatever may be the result of the present political dissensions on the continent of Europe, there seems to be a pretty general feeling against any interference on our part in the quarrels of other nations ; and, although the revolutionary principles acted upon by the Provisional Government in Paris must be far from consonant with the constitutional feelings of the British people, the desire evinced on their part to restore, as speedily as possible, the peaceful institutions of their country, combined with the friendly feelings already expressed towards this nation, warrant us in entertaining a confident belief that the world may yet be saved from another reign of terror. Consols, which reached their lowest point of 791 on Monday last, have fluctuated during the week at a marked improve ment, and closed yesterday at 84 to 821 for money, and 821 to 84 for the account ; and, although but little dispo sition to speculate has been displayed in the different branches of commercial enterprise, we may iairly hope that the imminence of the danger is past. Yesterday, the SHARE MARKET opened steadily ; a limited business was transacted during the day, but prices were firm at the close. As allusion has been made by a contemporary to Mr. John Ridgway's commercial affairs, we may state that his present difficulties arise, as much from the embarrassment of others as from his own engagements. It is not true that two-thirds of his assets are in New Zealand ; there being only about one-third there, and the surplus on the statement submitted instead of being £4OOO is upwards of £lO,OOO. all their efficiency and activeness, the Institutioiii and Honor of the coun try. They asked only that the burthen of any measure of direct taxation, which might be found necessary, should be made to press more equally upon all classes. The amendment of the honourable member for Cocker mouth—Mr. Horsman—would if carried, have fully met the diffir - -se V "11 or the case ; and from a gentleman so fully conversant, as Mr. Cardwell undoubtedly is, not only with the feelings entertained by our mercantile clas- Ses towards the imposition in its present shape, but as well with its peculiar oppressiveness in the present condi tion of commercial affairs and of commercial men, a cor dial support to such amendment might have been reasonably anticipated. Mr. Cardwell might have re membered that as a Liverpool man, connected with the commerce of the port, and in the confidence that in him they would find an excellent commercial states man rather than a mere party man, the exponent of the opinions of this or that statesman, it was that he received a large portion of the support which placed him in his present distinguished position. We must not now con ceal from him the fact that, by his course on Friday night, he has forfeited the good opinions of a large majority of the constituency which so honoured him. Already, we hear of movements making, and in agitation, with the object of conveying to him an assurance of this fact. which must be as painful for himself to receive as it will for his many personal friends and the admirers of his great talent to feel themselves compelled to join in. In the Jamaica papers which we received last night, we find considerable discussion as to the necessity which now exists for a proper representation of the colonies in the British parliament. We have not space now to enter into the subject, and the following extract from the Jamaica Dispatch of the 7th February, must suffice for The justice of the arguments cannot be denied. " Colonies will always be treated like poor relations of the empire, till they have a voice in her councils. A quiet, firm, steady market for CorroN yesterday, plenty of cotton offering, and holders willing sellers, at last week's prices. We may remark that holders do not press sales, or force the market in any way. 5.000 bales were sold at full prices. The following important infor mation relative to the import stock, and prices of Cotton, we copy from Messrs. T. and EL Littledale and Co.'s cir cular, published on Saturday : "The import, so far this year, has been 160,000 atrainst 187,000 bales in 1847. The trade has taken . 216,000 against to-day " The wail of colonial oppression finds no sympathy in the bosom of a colonial secretary, and it is a slow aad ex pensive process to rouse the active good wAI of the people of England—always busy with their own affairs. But it be far of it.rwise if - a colonial member could rise in lament, and put a question to the minister has increased 20,000 bales from the lowest point this year, is now 301,000 bales against 467,000 bales. A considerable im provement took place during the first two weeks of last month, and prices advanced id. per lb. in the ordinary and milliting qualities of American and. Surat, and id. in the better descrip tions. Ills place in par of the day •` Colonies can never be viewed as integral parts of the empire,' till they are permitted to have a share in the government. " Colonial complaints are doomed to pass through the hands of governors to the colonial office, before they are entitled to receive the attention of government; hence a prejudiced governor, or colonial secretary, can do much to obstruct or stifle such complaints, without being called to account. "The accounts from India and China by the last mail were not satisfactory, and at the same time the advices from Ame rica were looked upon as more in favour of larger supply at moderate prices, and the new landed Cotton paying a fair pro- fit, was very freely offered; prices, under these circuniatatres, gradually declined, and the advance above ouoted was more than lost in the two succeeding weeks. Last week the sales only amounted to 19,000 bales, and 18,000 bales have been sold this week. Public attention has been fixed upon the extraor dinary political events of the last ten days. Trade in Nlanclies " Now that political changes are afloat, a fair opportunity presents itself for all British Colonists to urge their right to 7)e represented in the imperial parliament, as a strong means of correcting the abuses which exist in the colonial office. Such a change is now rendered practicable by the rapidity and certainty of steam navigation, and need not be allowed to disturb the present colonial system, further than that imperial representation must be accompanied by imperial taxation on each colony, in proportion to the amount of protection given to it. ter has been nearly at a stand, but the stocks of Goods and Yarns are represented as being light, and prices are more steady than cou'd have been expected: The sales in the five weeks to this date, of which 63,000 were sold in the first two weeks,. amount to 125,000 ba:ei:—speculation 10,3U0, export 4100, leaving an average of 22.000 per week for the trade. "The following is the Table of Receipts and Exports from the States to the 9th February :— Ship'd to iv rnce Gt. Britainl' N. of 'Other I Eu'pel F. Prtsl Total: Rcpts Stcks " The colonial legisfaiiiresorcouncils might remain as they are, and send members to the House of Commons as the stage legislatures of the United States send mem bers to congress. And if all the colonies together had even as many members as Ireland, the rights of colonial property would then—but not till as much respected as the rights of property ii the Briti i't islands." 1848 2226801145306 41471 6 . 7 . Wi71477282 930403 1 461584 9 ,, 1847 248274 1':497P 21247 42930 •417436 10027701501688 68 1846 376000 109000 89 by which it appears that the difference of receipts is still 72,009 less than last year (reduced from 92,000 bales,) by the previous packet. WEST DERBY AFFAIRS.—The annual meeting of the Trustees and Commissioners of Waste Lands in West Derby, was held at the office in Harper-street, Low-hill, at ten o'clock yesterday. The business was confined mainly to the receipt of applications for new enclosures, the granting of new leases, and the renewing of former he purpose o at Bombay so inferior in quality as to be unfit to ship to this country; prices have, nevertheless, given way id per lb., and the market is heavy at present." Our Worn. MARKET has been rather quieter curing the past week, very few large sales are reported. Alpaca is not much inquired for. Scotch is very very dull. Im ports for the week :—Foreign.—Bombay. 10, Shangae, 51, Islay, 2159, previously, 14,733, to - al, 16,953. Scotch.- 477, previously, 2130, total, 2616. . . The COLONIAL MARKET generally speaking is not very brisk. For Sugar there continues a good demand, and sellers obtain stiff rates. The sales since Friday are about 5000 bags of Bengal and Madras, the latter at 335. to 375. Rum is not much inquired for, a few puncheons haye changed hands, at a slight advance. Nothing new to report in Molasses, holders are not anxious to realise, and will not sell unless full prices can be obtained. Coffee is again lower, and the Market is much depressed. The Public Sales of Tea yesterday went off flatly, there was no disposition_to buy, in consequence of which the sound portion was withdrawn. The damaged sold cheap. Rice continues quiet. For Pearl Sago there is a little more enquiry. The Sales in Saltpetre are trifling. Owners Want price, which cannot now be obtained. —The markets in London have shown little animation during the week, and th very extensive scale. Sa, when the he transactions been on a chief exception to the general dulness. The market for West India sugars, however, closed steadily on Friday at fully 6d. advance on the prices of that day week. Ac counts from Mauritius, up to the 17th December state that the prices of sugar then ranged from 28s. to 465., ac cording to quality. The shipments of sugar up to the Sth Dec. represented 37,545,2691 b., against 52,407.2691 b. at the same period in 1846. Freightage for England could not be obtained under £5 10A. -- The market for Scotch pig Item.: has been unsettled by the continental news, and a further reduction in prices '•' , • Mired No. 475. 6d No. 3, 455. to 455. W. The English and hish Cons MARKETS at the close of the week, were generally firm, with a .ilight advance in the lendine. nrti,los of the Corn trade; which, stimulating a more active demand in LIVERPOOL, Wheat, Indian Corn, Corn Meal, and Flour, commanded rather higher prices yesterday The LIVERPOOL PROVISION MARKET has been pretty liberally supplied .with butter dur ng the past week, the arrivals, yesterday inclusive, being 6,112 firkins, 1.382 casks. Good and fine qualities are rather low in stock, and consequently in low demand, realising extreme rates ; 'pluming auu IIIle! Oln co csa, --7 reduced in value. The following are the prices landed in LiverpO.l:—Waterford, 88s. to 945. ; Kilkenny, Carlow, and Clonmel, 88s. to 925. ; Carrick, 86s. to 88s. ; 'Wexford, Carlow, 88s. to 893. ; Belfast, 88s. to 925. ; Ballymoney and Coleraine, 86s. to 89s. ; Banbridge, 84s. to 88s. ; Newry and Dundalk, 80s. to 82s. ; Dublin. Carlow, 84s. to 88s. ; Sligo, 80s. to 86s. ; Londonderry, 82s. to 865. — Bacon in good request. America% at 50s. to Ms. ; Irish long middles at 60s.—Hams are not inquired for.—Fine 52s.—Arrivals last week, including yesterday : Bacon, 115 bales; hams, 6 hbds. ; lard, 8 tierces, 92 kegs. The following sales of TIMBER took place last week : American Pine Timber was neglected, save 33 logs Quebec red, sold at 20d. per foot, the Quebec yellow offered having were sold at 14i - d. per foot 9 • and 76 logs hemlock at from aid. to 9d. per foot.—American Uak, of good size and quality, to the extent of 150 feet, were sold nt 2s. 02d. per foot, and about 1,000 feet Nova Scotia, fresh and small in size, at ltd. per toot. — American Spruce Spars, of inferior quality, were sold at 12d. pet foot, siring measure.—American Deals: Quebecs, though .offered by auction, were limited too high by the importer. 'two It indicates considerable confidence. Subsequent letter, from Paris tend to its confirmation. Payment of the dividends on the French portion of the Greek Loan has been authorised by the Provisional Go vernment of Paris. The Banks of Lisle, Nantes, Bordeaux, and Rouen, have all suspended specie payments. At Antwerp, Brussels, Amsterdam, and Frankfort, the respective Bourses have been closed, to avoid rash adven turing in stock kwbbing ; and at Havre, as well as other places, business has been brought entirely to a stand. The Branch of the Bank of France at Havre has suspended specie payment, and the commercial Bank at Antwerp has stopped business altogether : it is stated that this es tablishment will pay in full. The Directory of the " Societ6 des Eflets Publics" of the same city, has decided that operations in the public funds shall be temporarily suspended. The failure of the banking firm of F. de Kinder Theunissens has been announced; this firm will not, it is said, pay more than 59 per cent. At Antwerp and Frankfort general trade was all but suspended. Ap plications had been made at Antwerp, Bordeaux, and Lille, for the Government to authorise a postponement of. engagements due on the let inst. to the 15th, but nothing definite had resulted. The committee of the Amsterdam Blurse have completed arrangeMents for the settlement of the account, to take place on the 13th inst. Gold is very scarce in Havre. English sovereigns are worth 28 to 33 f arcs each. The commercial intelligence from India, by the Over land Mail, reached London on Saturday. At Calcurta trade continued dull, and the money • market tight. Ex change is qu ,ted at. Is. 101(1. to Is. Hid. for first-rate document bills at six months' sight. Freights have gone up again, and are quoted at £6 15s. to £7 for dead weight to London. Government securities going freely at a con siderable depreciation. At Bombay very little alteration had taken place, and money was still very scarce. Ex change on England, six months' sight, ls. 10d. to Is. 101 d.; three months, Is. 9.1. ; thirty days, Is. 8*(1. The writer of a commercial letter from Bombay, in speaking of the effect of the home failures at that place, sqs that it has been comparatively slight. A third house had suspended payment. but it had taken no one by surprise. Two or three more failures are announed, and credit still appears to suffer from the advice of extensive failures on this side. The estates of Messrs. Lackersteen Brothers, and Messrs. 3. Wigotiolt and Co.. were to be liquidated by the pro cess of inspection. With rerercnee to the Union Bank, it appears that the suin now to be made up by the share- ;104,1ur5.• after the total loss of their entire capital of £1,C00,000 sterling, is estimated to be £77,500. By tl►e last advice~ from Mauritius sovereigns . were 81 tl 9 per cent. pm., and British silver 5 to 6 per cent. pm. Commercial accounts from the Australian colonies state that trade was gradually improving, and that the exports of wool and tallow, especially the latter article, were have lieen atten ied with the most successful results LATEST IN TELLIGENC E. THE FRENCH R .EVOLUTION The most important of the manifestoes of the sional Government, that of M. Lamartine to the French t f ireign courts, occupies the principal diplomatic agent attention in Pari The National Assembly has been convoked for the 9th of April. It is to consist of 900 members, elected by a constituency composed of all Frenchmen above the age of 21. Tranquility everywhere prevails, nor do there appear any indications of its being interrupted. It will be seen from our foreign intelligence that the news of the Revo lution in France has created a great sensation in almost every state in Europe. "The estimate of the crop is generally 2,100,000 to 2,209,010 bales, though there are some higher and others lower. Prices were much the same, and about on a par with our present The arrival of the Clyde steamer at Southampton, with quotations. Shiuments to this country were progressing the West India mails, brings no account of improvemer t slowly—only 25,000 bales in the last ten days; but the state of in use state of affairs in the colonies. The account of the affairs on the Continent, may eventually give us a larger share state of the progress of the sugar crop is certainly not of the crop than would otherwise have been the case. , " EAsT INDIA. —The import so far this year has been 95.000 unfavourable; but the depressed state of the borne . mar bales against 9,500 bales i the sales 30,600 against 21,000; and kets holds out no inducement to excite energy in the the stock remaining' 60,000 against 83,000 bales. '1 lie sales in manufacture ; it is highly probable , therefore , that the the last five weeks have been 16,200 ha es. The last accounts aggregate production will fall short of that, of last season. represented the new crop of Surat as having suffered consi- Commercial ratters had not in anv shame improved, derablv from unfavourable weather, and the stock remaining ... ~„ ...,4,. ..„ ~,,.., ~;, ~,,_ . the whole of the colonies ' laving severely felt the effects of the stoppage of the West India Bank. The only ameliorating circumstance mentioned is the very low price of provisions in some of the islands, which renders the pressure of discredit less severe on the labouring dimes. -Y EST EKDAY day, at t accounts of the trustees of the Waste Linds in the town ship, and disposing of the proceeds. Nothing of general importance transpired at either meeting. THE Ex-BISHOP OF CHESTER—On Sunday morning the Right Reverend Prelate who has been so worthily selected for the Primacy, preached his last sermon in the Cathedral of his late Diocese, from words so suited to his Apostolic character—" The grace of our Lord Jesus Christ, and the love of God, and the fellowship of the Holy Ghost, be with you all." At the close of his dis course he made very feeling allusion to his approaching removal. In the afternoon he held a Confirmation in the Church of St. Paul, Boughton. We understand that he leaves Chester on Thursday, for Lambeth Palace. We believe there is now no doubt that Dr. Graham, Master of 1:ollege, Cambridge, will be his successor in the iester. THE INCOME-TAX.—Amongst those who voted on Friday night, for the continuance of the income-tax in its present very objectionable shape, were E. Cardwell, Lord Ashley, Lord Brackley, W. Cubitt, B. Disraeli, W. T. Ezerton. W. E. Gladstone, G. C. Glyn, H. Goul burn, Lord R. Grosvenor, G. Hudson, Sir R. H. Inglis, Sir T. Jervis, J. Locke, J. W. Patten, E. J. Stanley, and J. Tollemache. Amongst the members who voted in the minority, for the modification proposed by Mr. liorsman, were W. Brown, Sir T. B. Birch, A. Henry, J. Bright, J. Heywood, J. Brotherton, IL Cobden, W. Ewart, R. Gardner, G. Greenall, C. Hindlev, W. Jackson, G. San dars, R. Spooner, R. A. Thicknesse, T. Thornely, Sir J. Walinsle-:, and Dr. Bowring. The details of Mr. Hors man's motion, and its result, will be found in our parlia mentary summary of Friday. PROPOSED MEETING OF THE WORKING CLASSES. — A meeting of a number of the working men of this town was held •at 33, Canning-place, yesterday, Mr. Roblrt Joseph Evans in the chair, when a series of resolutions tn. to +h. fnlinwrinir PM,* • —That a meeting o he working c asses am hers aggrieved called to considet:thd propriety Westablishing a Working Man's Protective Association-Ist, to oppose monopoly in every shape; 2d, to effect an alteration in the system of_working the Albert Dock; 3d, to petition the Dock Committee to abandon'the resolution to build more dock warehouses ;_4th, to enquire hovi much of the present ...1.e.'5...A.1,V' find ripstitutinn of LivPrnnni siVa hodart nams.arl b - i'the indiscriminate employment of itinerant and incom petent persons ; and sth. to foster and promote a friendly feeling between the employer and employed, so that the social and moral condition of the latter may he improved without encroachment on the property or privileges of the former. DESTRUCTIVE FIRE IN BERRY-STREET.—Soon after eight o'clock on Sunday morning, the premises of Messrs. Bennion and Healey, coach-builders, Berry-street. were discovered to be on tire. Six engines were promptly on the spot, but unfortunately no water could be obtained for nearly three quarters of an hour. The cause of this delay is, not yet ascertained, but the proper authorities will no doubt investigate the matter. riages in the repository were saved, but Sik or seven car- roof fell in. The damage sustained by Messrs. Bennion and Co. is considerable. Both premises and stock were, we learn, insured in the West of England Office for about £3,500, which we fear will not cover their amount of loss. The fire extended back to and damaged several cottages. Mr. Grace haberdasher, next C needed in removing the whole of his property ation of some furniture in an upper room. with the exc Mr.Smythe, bookseller, sustained much water thrown, perhaps £350. The shop of Eaton was also damaged, and lost some of his stock through tended to the opposite side of the street, and scorched the shutters of several shops, particularly those of Mr. Ro berts. Mr. Dowling, Mr. Maxwell, and Mr. Superinten dent Quick lent valuable aid in extinguishing the fire Mr. Stone; of the T nr, to early on the spot, and Liiverpoo house, the agent for the West of En - gland office, under Mr. G. I 1 Mr. Evans, with nt cheer- the engineer of the Green- origin of the fire is unknown. The front of Messrs. Ben nion and Co.'s premises (the only wall standing) is in so precarious -a condition that it must be pulled down ST. JUDE'S Cnlincri.—On Sunday morning ' Dr. M'Neile preached his farewell _ The char - mon at S :11 was crowded to excess in every part long before the took I Tvicz commences text from the 145th thy works shall praise thee, 0 L bless thee." Having shown th( m, 10th verse nts shall mulate us to praise, he expressed 1: .-Rd. per foot yielding 2d. 1-32 per foot average ; the se cond cargo off the quay, having a large proportion of thick bat tens, was sold at from Id. 5-16 to 2d. 1-16 per foot.—American Lathwood : Quebec hemlock was sold at .£3 per fathom.— Illnerican llailwoy Sleepers: 2.000 St. John Hackmatac 9 xlO x 5 .ondon Fire-office, was I were sold at 4s. each, and 600 Quebec at 3s. 6d. each; 879 Hac. UE —American Pitch Pine say off the quay, 12,(00 feet at frau- bargain at 21d. per foot.—Baltic Deals: 500 redwood Archangel were sold at .tl7 ss. per standard, and a few short Riga white wood deals at .ell 10s. per standard.—Mahogany : This branch of the business w...s quite as animated as could have been anti cipated, and the Spanish and Cuba wood merited the attention which the trade generously afforded. opened at 821 and ranged between that price and 82a until the middle of t when, the purchases on the part of the public being over, they again declined to 81k. The closing quotation was 84. to 82*. Foreign securities were rather firmer; Mexi cans advanced nearly 1 per cent., owing to the probability le day, LONDON CORN•MAILKET was but scantily supplied with Eng'ish " t fully the currency of this day - - .tarter was realised on prune The market to-d _ Wheat, which met a bri week, and an advance of I. per ( selected samples. We hail a good attendance of buyers from the country, who purchased more freely of foreign, which was generally the turn dearer. Barrel Four remains as last noted. Indian Corn on the spot is Is. per quarter more money, and in good request, with increased inquiry for Boating cargoes of secondary sorts ditlicull In Malt, Beans, and I The supply of Oats bt per quarter was general and cou:d not be estai ityielcling in price . 1 g more moderate, an advance of 6d. demanded, but this checked business business at form,r rates can be report& MONEY MARKET—YEsTERnAy The Consol market has fluctuated one-half per cent., the ft - ittre.me nlricco heir, ee.l a. .re now intrers at 82A. Considerable amuunts of money stock have been again put'- • " - • . he price had the same extreme range, but it has been fully the turn of the market higher on the average than for the account. It.is clearly understood that the jobbers have had for several days past to borrow stock for delivery from the bankers. The Three wr Cents. Reduced have been done from 821 to /, the Three! and a-Quarter per Cents.' 83i, Ihnk Stock 194. The advertised Exchequer-bills have advanced to 25 30, the June bills 25 29, and India Bonds to 5 pm. A. REALLY r JEW SCHEME OF TAXATION It has been a tedious task, which we have had to en counter during the past few weeks, to read through the host of pamphlets which have issued from the press, sug gesting every sort of remedy for the failing condition of the revenue. We are rewarded, however, at length with a new idea—a plan, in fact, which is to supersede customs, excise, stamp, legacy, assessed, income, and every other kind of taxation ; to save us the cost of a coast guard and of revenue cruisers, and to reduce, by two millions and a half, the cost of collecting the revenue. We don't know whether, ultimately, it might not save us the expense of keeping a Chancellor of the Exchequer. The plan in question, which is proposed by Mr. John Revans, who informs us that he served for some years as secretary to the Irish Poor Law Commission, is simply this :—Mr. Revans would sweep away at once our present system ; leave us neither excise nor anything else, and raise-the revenue of the country by a tax, not upon its income, hut upon the domestic expenditure of each indi vidual or family. There would be no difficulty, as in the case of the income tax, on the score of unpleasant disclo sures of private matters. Every man could declare his expenditure without difficulty, as, if it were small, he would get the credit of being either a clever manager or a frugal person ; and if it were large, the world would take for granted that he was better off than had been supposed ! We acre not informed, however, how the plan would affect that class of persons who contrive to main• tain a large expenditure upon no ostensible means at all, or the very numerous class who have to tell little white lies upon the subject of the cost of their living to penu rious old uncles and aunts, from whom they have expec tancies. Of course, at the end of every year the officers appointed to carry out the system will have to make returns to government of the expenditure of their districts ; and from the gross amount, which will vary very much, the Chan cellor of the Exchequer will make his calculation as to how much per cent. he can do with. Thus, suppose the expenditure of the kingdom is returned to him at £500,000,03 for the year. and he wants £52,000,000, he will probably say, " 1 may as well have 101 per cent., to be on the safe side;" and we shall all immediately have orders to prepare that amount, which, by the way, we are very considerately allowed to pay by monthly instalments! Aire may add that, to save unnecessary exposure of details, for example, tne disclosing of such items as " new hori zontal grand for Caroline," or " paid Master John's losses on the Derby,"—it is only expected that each party should return himself as having expended " not exceeding £100," and so on. Of course strict honesty may be de pended upon! Our readers, we fear, will suspect we are hoaxing them. We are not doing anything of the kind. The sage pro positions noticed are contained in a pamphlet just now ' • " London : J Tate. 4 _fore us, bearing the imprint. J ohn t._ Sara and Son, 187, Piccadilly." Its price is a shilling, and it is cheap at the money as a curiosity. nnoARD.—On Saturd March 7, MR. COURT OF BANKRUPTCY.-YESTERDAY. W. J. HAMMOND'S INSOLVENCY. This insolvent, the well-known comedian, appeared yesterday at the Court of Bankruptcy, before Mr. Com missioner Perry, on an application for protection from arrest. Mr. DODGE, on the part of the insolvent, said that none ,if the creditors now opposed the application, though prev . iously some of them had done so. The insolvent replied that ie had been five days in rugodv. His HONOR, in adjudicating in the case, said that, when it was last before him, he did not consider himself war ranted in granting a final order to the insolvent; not in cnnsi-quence of there being anything fraudulent on the face of the insolvent's conduct—and it was, perhaps, only fair that he should now state that, before entering upon the decision which he was about to give —but in conse quence of the insolvent contracting debts without a fair and reasonable prospect of being able to meet them. Every one knew tnat the profession in which Mr. Ham mond was engaged was subject to considerable reverses, still he seemed to have contracted debts to a very large amount. Whether he was induced to do so in conse quence of residing in the town of Liverpool, and so thouulit himself justified in d o i ng so , he (the Commis sioner) was not prepared to say. Having regard to the time which had elapsed since the insolvent was before him, and, to the absence of any opposition on the present occasion, he considered he was fully warranted in giving the insolvent the benefit of the act. The insolvent's protection vas ilien granted. THE WEST INDIAN MAIL, The Royal Mail Steam Packet Company's ship Clyde, W. Symonds, commander, arrived at Southampton- on Sunday, bringing the West India mails. She - brings on freight ss3o,6o4(Wmerchants' account platina, value £500; 149 casks of coffee, 3 bales of to bacco, 157 bales of sarsaparilla, 45 serous of indigo'; precious stones, value £1600; 297 packages of suudriesi, and 50 passengers. This steamer ncountered stormy weather on the pas. sage home. From the advices brought by her we leant that the West It.dian islands were generally healthy, and the weather seasonable. The political intelligence is important and interesting. A revolutint h,xd t ken place on . the- 24th of Jann o y at Ci:raceas, the capital of Venezuela, where the Congress was in session. A violent. debate occurred, and a tumult arose in the Chamber of Deputies, in which five members were killed. Some fighting afterwards took place in the 'city, which ended about nine in the evening ; but fresh ontbreaks were expected. The commercial advices by this arrival are important. The trade of the British West India colonies is repre sented to be in a sad state of depression, and shippers are recommended to use the utmost caution in sending sup plies of goods. The Duchess of Montpensier has been sent for by the Madrid Government. Some revolutionary movements are stated tohave takes place in Germany, Lint they are not credited.. Among the patents lately obtained in France, is one by M. Lafond, for the application of chlorofarrn, as a motive power, instead of steam. • THY. PRESBYTERIANS AT MALTA.—Mr. More CrPer.. rail, Governor of Malta, has directed that for the future the bodies of Presbyterians shall receive burial in the ground destined to hold the remains of other members of the Protestant community. PRUSSIA.—The King of Prussia's Ambassador in London made, on Saturday last, an official declaration to the British Government, to the effect that Prussia would not interfere in the internal affairs of France; but that while she did not contemplate any aggressive military movement against the new Republic, she was resolved to resist any attempt of France to violate the territory of her neighbours.— Times. GROWTH OF COTTON IN SOlNDE.—Attempts are made at a great expense to raise that staple in different districts where facilities for its removal are not so available as they must be by the river Indus. The comparison of the Indus to the Nile has been often made. Cotton of good quality has been known to grow well on the banks of the- Nile, and magnificently on those of the Missisippi and its tribu taries. There is no reason shown why it should not be cultivated with equal success in Scinde. With abundant crops of wheat, of cotton, and even of sugar the value of Scinde to Bombay will soon be incalculable.—Bombay Gentleman's Gazette. ITALY.—We mention in one of our inside forms the disturbed state of several parts of Italy. We have not yet received intelligence of the effect which the news of the revolution in France had produced in Italy. The fol lowing extracts, however, show in what temper it was likely to be received. The students of Pavia had issued a manifesto in favour of Italian independence, wherein the following passage occurs :—" The day is at hand On which, under the roof where Virginia died, in the field whence Barbarossa fled, on the plains where the vesper bell resounded, amongst the men who responded to the voice of Masaniello, within the walls defended by Michel Angelo, in the country of Eugene of S avo y, an d on the banks f the river where the children are heroes, seven armies of warriors will assemble, sworn to emb race ; each other on the field of battle. Then will the GOd of free men inspire your hearts, guide you in the glorious con flict, and decide your destinies." At the same time t. ll l m a t4e p r r i test pretext rh dividing tiri t ea n b o y t ctloostuincniTh their halls wit an'v pretext for divhuin them by closing their hall ae& g if the ..e rinsh 3rovernment for its " worthy" reply to the note addressed by Prince Metternich to Viscount Palmerston:. on the affairs of Italy. Advices from Rome of the 21st state th a t a movement of battallions towards the frontiers er th e States of the Church, and to several more central p o i n ts, such as Bologna, Forli, Pesaro, &c., wasin course o f erganiza-ion. The London papers of yesterday give the proclamation of the Canton of Neufchatel on its throwing off the sovereignty of the King of Prussia. The republican movement every where gains ground. On the Bth January last, Joseph Littler, aged 42, lel his home in Pleasant-street, and was not afterwards heard of until his body was picked up by two boatmen oa Sun day evening, floating on the Mersey, opposite the North Docks. On Saturday night, John Magrath, 36 years of age , lo•?ging in Walnut street, went to bed under the influence of liquor. At eleven o'clock on Sunday forenoon he vine found dead in bed, He was in the habit of drinking hard. COMMITMENTS, YESTERDAY, FROM THE INDUCE" COURT.—Mary Connolly and Catharine Fazakerly, f o r stealing a flannel petticoat, three months' imprisonment; Patrick Flinn, for stealing 4s. 6d. from a woman ; Brain, stealinr , from Margaret Davies some lead pipingj. John. Joyce, Pat Brennan, Edmund B arr y, an d Jose?! Barry, all for attempting to pick pockets, three montw. each. --- CHILDREN SCALDED.—On Saturday afternoon, Mi chael Barry, aged fifteen months, living with his parents in Ben Jonson-street, was playing on the floor, when kettle a of boiling water fell from the hob, and so scalded him that he died next morning,—On the same day, Ca' tharine Carr, aged two years and three months, living in Corlett-street,. fell backwards into a pot of hot water that stood on the floor, and died yesterday morning. GENERAL EUROPEAN PASSAGE OFFICE.—That• a sys tem of shaving is daily carried on by many of the Euro pean passage offices, none but those interested deny. affords us pleasure in stating that we believe the firm o Byrnes, Son, and Co., 69, South-street, New York, da their business honestly and above board. Those who have had business dealings with them assure us that there is no shavingin that establishment—Brooklyn Advertiser. [That a system of shaving has of late years been carried on by a few extinct firms is probable, but that 'it is a daily occurrence is a reflection on our authorities. Amongst many firms, however, %ho are equally wishful to stand high in respectability, that of Messrs. Byrnes and Co., the representatives of the firm mentioned by out contemporary, is justly entitled to be classed.] METEOROLOGICAL REGISTER, BY MR. C. H. CHADBURN, 71, LORD-STREET . ATMOSPHERIC mire Dai• ly] tie Pressure at I y self-re- Humidity at Fall 6o a ering i Noon. Win ometer. j Dry Wet Rain-N° °° ' 1 Min. I bulb. bulb. _ Nine Six 44 41 0.01, 14 2.... ‘ 45 42 0.03 ,- • 44 42 43 I 40 0.90 0.01 IvV.S.W a.m. ; p.m Mch In. 29 1 29'20 2 29'23 29'56 45 3 29'92 30'05 45 4 30'07 29'93 45 THE I ; 111E 4 NVhe off ence omitted lendar Perso n Public ; tim e w i con the lowest in which —the whole- give the e them Dor man ; we taN tax alone w( he market f )v thre s of I niE postal revenue ry generally regarde ,ive of th ►ple. TI the penny post lnarrow one ler the 1, we remember, its expenses ; and no d Hill, is at the head any seeming im Teasing parsimon people of England Cof one of thO most itablishmenta at the es a case of system himallt: We abbine Dortant of ou expense ()I has n ior, Mr. I can only an not believe t expenses or nc been, in tern in oues- Fairly stated, e to t I them 'ihe . beverl er used to rejoice )rty-ei carter-deck of a line-c a new 0: CP' • ,unch now only - in paper, pen, , and ink • ir, you spat upon us on McVay," in beggar fashion, around the area content to ha •ed and mustathiod ar court, until in his magnanimit we are rewarded for our patier fficient atonement, flung to us 11 r a well .-griawed t ion with many of the frien 3f the Conservative member for this Borough Ur. Card- are grieved at the entire disregard of the declared id feelings of the majority of his constituents, displayed by him in recording his vote on Frday evening last, against the modifications in the Income Tax, proposed Horsman, particulars of which are given in our ntary summary. After the suggestion made by 1. member on the Monday previous, when the lale 11 W.. - • withdrawal of the propose d addition of 2 per' cent: was announced by the Chancellor of the Exchequer, that the House should be allowed time to digest and rttlect upon the altered Budget, before coming to a final decision, we fully expected that Mr. Cardwell was impressed with a sense of the propriety •of deferring somewhat to the strong feelings of hostility expressed by the mercantile public of Liverpool towards any re-imposition of the tax in its present unjust and oppressive shape. A very slight enquiry would have served to convince him that such hostility was not founded upon the mere question of amount, although perhaps it had been stirred up to the boiling point by the proposal of increase so unwisely ventured upon by Ministers. And a knowledge of the chorerter for loyalty and patriotism which distinguishes the mercantile claws of Liverpool, ought to have been a He said testimonie IFafed to him from time to t tion at that moment, he said, 11 not attempt, to produ tpmpnt which are called farewell sermons. Suc easily produced, but is.not proper, farewell sermon. From many of t not expect to be separated.: Event this church I cannot speak farewel that word ; for, although I shall pri minister of this church, still I expel les what i mitemnentis very annot call, this a : ongregation I do o remain in of the usu. reach often here dren. Then, in as a frier l d and brother of the I regard to those who are here this n not belong to this congregation, with have come here under the very que of curiosity, to witness a parting sc and his people, I have to say, that such. My businesi is, in 'the name those present that " Jesus Christ ca save sinners," and, " unless a mar cannot see God." My business is to tell t are no other means under Heaven b saved, of whatever creed, comical' be: Jesus Christ is the only foum m that there conduct he may most orthodox creed and the mast Scriptural communion, the man with the most moral.conduct, if not resting on Jesus Christ, shall be damned, My business is to tell you that. He that believeth not, (do. not 'fancy this excite it believeth not, shall be damned." We are now . about to celebrate the Lord's Supper. atruog may go away ; and as they go making their comments in the street, we shall pray for them that God may cause this day to be remembered by conveying the truth .to their souls.. Doubtless they may feel disappointment. Instead of a moving scene—instead of yielding to my heart's af fections towards you as God's people, sand seeking to call out your,natural affection towards me,—instead of that, I have preached the Gospel. Be it so that is just what I intended." try and the United States. In the foreign exchanges there was still a difficulty in negociating bills. The En glish funds comparatively steady on Saturday, and a slight advance on Friday's prices were maintained. The ence, owing I o the arge purchases which still continue on the part of the public, they advanced to 821 to I, at which they closed. For the account they were at one time dote as low as 82, and they left off 82 to I. Bank Stock closed 191 to 194 ,• Reduced Three per Cents., 82 1 to 2 ; Long Annuities, 84 ; and Exchequer-bills (March), 10s. to 155., (June) 20s. to 255. premium. In the foreign securities not much business was dor.e, but prices were wholio in most cases firmer According to the return from the Bank of England for the week ending 26th February, the amount of notes in circulation was £18,179,755, being an increase of £95,060; and the stock of bullion in both departments was £14,760,815, showing an increase of £191,166 when com- pared with the preceding return. Money, in the shape of Bullion, continues to flow into the country, and the stock in the Bank is now £14,569, 649 against £8,312,691 at the lowest point in October, whilst the Notes unemployed amount to £9,806,010—an • • Rordr , nerease of £2,358,625 during tne last mum... still supports the rate of 4 per cent., and it is not desirable to see it reduced ; but should there be no further dis turbances on the Continent, Money must be cheap,—as it is nrobable that a considerable amount may be sent to this country, for secure investment. s T' 1 " . De 1 ' -id I'4 Leer -he suspension of Mesb..._ -ib A, general merchants, which was announced in London on Friday, was expected to be merely temporary, pending ad vices from the firm in Amsterdam. The Bourse was expected to open yesterday ; and ac counts from Paris as to the probable tone of the money market are as favourable as could have been expected. It is asserted that offers have been made for the Three per Cent. Rentes, of 55f. for money, and 60f. for timei and that theft have heel' reftwed : if tidy ;:au ae raga cu, while the steam-tug Express was towing a vessel three miles on the other side of the Bell Buoy, Wm. Buckley, one of the hands, was engaged outside the gunnel in hooking the main sheet, when he lost his bold and fell overboard. The ship was cast off from the tug, and the TT _ unfortunate man was got out just was alive, but died in five minutes. CHARGE OF STEALING SUGAR. - At the Police-court, yesterday, a man named Thomas Launcelot was charged with having abstracted and carried away two tierces of sugar, part of five which were lying on the Old Quay Company's Wharf, Manchester Basin. The prisoner had taken a cellar in another man's name, in which to stow them, and procured a carter to take them there. They were missed on Saturday, and finally traced, through the carter, to the cellar. The sur' bout as he was Si: was consigned to Mes , fled by the marks. T (weighing ao.. a ton) J. and D. Gray, and was identi. cellar had to be broken open by for trial at the sessions. THE WEATHER.—On the whole, the weather since the beginning of the present month has been fine for the sea son, and peculiarly favourable for the tilling of the ground. Wednesday and Thursday were coldish, but dry. Friday was mild, bright, and sunny ; Saturdayzather changeable. On Sunday morning we had heavy rain, apparently set in for the day, and with a high wind ; but it cleared up beau tifully in the afternoon, and a splendid evening and clear starry night succeeded. Yesterday was fine and clear throughout, and did much to reduce the superfluous water that had collected in the low grounds. The sowing of spring corn will, ere long, be commenced in earnest. By reference to our 'Weather Table for last month it will be found that not less than 4 inches of rain fell in this locality during that month,—an extraordinary downfall, exceeding that of January by nearly 3 inches. In Manchester the fall of rain last month was also unusually great, even for that proverbially wet locality. The glass with us ranged between minim:Ml' and maximum points much lower and much higher -thim ordinary within.a month. • rain.—March Ist: clouded, shower.-3rd: bright; nigh rain.-sth : clouded : p.m., The Temperature at Evei FEBRUA AtRIOSti IC pressure, u Temperature, max. deg. Average difference wet at rain, inches, 3.B6.—Prevail Temperature at Evertoi average, 41k. • • SHIPPING MONDAY, M 29: a.m., bright; p.m., clotini; , fresh breeze.-2nd: bright; clear.-4th : bright ; night, heal , , bright.-6th : bright. Tton, Feb. 29, 46; March 1, 42, & C ' LILY'S REGISTER. _ ef_ ax. inches, 30.38; ditto, min.,28• 51 ' M ; ditto, min., 32; average 44-- d dry bulb, deg. 2 ; average fall 0( ng winds, W. and S.W.' maximum degrees, 55 ; min: ‘ll ARRIVED.—Zion's Hope INTELLIGENC Wind N.N.NY from Calcutta- from China 'ercic ll7 Mary Stewart, Williams. Irene, from Rio Janeiro hence fer Galatz, at Holylinti tt Bahia. Bryde of Abydos, at ditto. Amity, Forrest, from Mo: Clyde, (steamer.) from St the mails from the West America. . te Video at Cove. Thomas , at Southampton, with ° t is Indies and West Coast of Sou Hibernia, (steamer,) hence off New York 16th Feb. o n• Sophia, for this port, and Brilliant, for -, sailed from R duras 24th January. Murray, hence at Alexandria. Ik DARTMOUTH, 4th March.--The Maypo, Atkinson, Minr nrpordsoilitt,oboßoomn.nys,abilas,s rigging, put i n here bulwarks,i with io S s o t a f topmasts, ncheo n s , &c•, r V ., pit ape Finisterre. ..-.,---'- LIVERPOOL CATTLE MARKET, MARCH tor The supply of stock at our market to-day has been , s l per than last week, yet equal to the demand. Beef, sd. to 6i ' lb.; Mutton, 7d. to Bd. ' __.....0). LIVERPOOL : TUESDAY, MARCH 7, 1848. PRINTED AND PUBLISHED Cie EVERY TUESDAY MORNI NG By JOSHUA FLETCHER LACE, of 53, Grove street. - LEONARD ADDISON, of 14, Great word-street" At No. 4, fir. GEORGE'S Cusacitxr, Ltritsrob. AD SA Or VOCA Dna Eig INGs co IN, %%len 'men be ass To ( boil p, VelOp, t Onit) by th( e le are ,„ fo vaiil e 1 Th e Per q u ' 28 . 6,1 liAys the the :" e U ~llr Th e c C 44 4e OR tB, I t 011),,, Ajjkx,