The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1847-07-27 00:00:00

neeling of Sir Di by evening, in Kirkdale 'upied that honourable t we cannot thi ymous ant 1845 in far twice in 18. d on three f the c Crvei, 17s. 27, 1847 e hustir , r; and seconded by Mr embers to serve the T 'arliam Cant influence of this g it event within memory. fore once more and for the last time upon the C ative Burgesses and uty which they owe ies, to their beloved ms and liberties, to weigh about to exercise are entrusted the public the il.tinrpo In Advance, TUESDAY MR. C ARDWELI by Sir Thomas Bramley Moore. which maN exercis and c therefore, had not a committee had reco on many points and r ferred to the ship I "ch particularly IA to Liven him. He had therefor though he did not wish with any gentleman wi might choose to select rs s , because of the total d existed between tl )rd from him ap desire to of a noble lord who answer, and regretted worthy baro.nei.' .es ref 11 leave it to politicsto return a eoll Can select E ,dopted wllO to Ror country n the will, t ,over, 1E election of two M g, anc ,on we kn trend th but he 1 nstitutions which 3y Subscription : G, JULY .1P r++. ft' to their ltellent M erc y to a upon the future pol country than any We ht 'e ther to impre Parliamentan_ to themselves, to their famil country and her inst well the mode in which they are the franchise with which the :.ters Of the men who are Ind, above all things, not warped by empty sift thoroughly the charac offered for their choice ; to allow their judgements to b,, professions, on the one hand, and iindue passlio and prejudice on the othe Fer a few words of advice 3 recur to a subject upon , and with respect to erstanding still to exist. Before proceeding to of to our friends, we wish tc which we remarked last wee which we find some mi This subject is the relative position towards each other of Sir Digby Mackworth and Lord John Manners. We announced, on authority, that, al though the two honourable candidates were at first adopted by the Conservative Association, Sir Digb v Mackworth had - , on hearir of this selection, ex- ed himself, on princir compellec anything approaching to acoalition - with the noble Lord, and even to protest,' against the same com mittee acting and canvassing for both. This de ir Digby was accordingly rndidates met the claration on the p, so far carried out, tl the tv Conservative elect as Tuesday la- 4 Each has ttended by ince had a se- their respective paratc c the line c rt to have been ver defir same placards th candidates fore to P have -announc to address the el (laces in the pective ward are informed assed for both candi rs filled up for by the been pro- and even dis- —ant electors will think of a noble man wno seems undecided as to whether the cava liers or the puritans—those who profaned or those who observed the Sabbath—were right, and who makes it a question whether "S un d a y s are to be I 1 to decline kept as strictly religious festivals," we shall not stop to determine Such a nobleman does cer tainly appear to us a very unfit man to represent this great constituency. There is nothing here, mind, about the question whether playing at cricket on a Sunday in your own parish, is legal or illegal. It is the moral and religious question which Lord John treats with such latitudinarianism t I Distinctly wc ror Lonl Jo Card ay that no Protestant ought to iners ; and we turn there- He is a business claim and a man of eminent ability as a debater as such, do honour to ne who will He is sound upon a Xll main commercial not excluding that of th Navig Laws, upon which he satisfied, last night, the Ship wright's Association, and with respect to which he has so , far satisfied the_ Chairman of the Ship- ;agement, .e in many inst dates, and we I both in ti same he party This course of act ductive of mu il comr satisfaction, amongst the supporters of Sir Digby Mackworth, and, - in justice to him and his cause, we feel bound to set him right in the eyes of the electors, which we think will be'effeetually done by rec. erring to the following extract from the proceed ings at a meeting in Everton Ward yesterday Mr. CH Sir Dist i the cc d to ask whether it was tl John Manne ri to the so-cal. many el mended .e said the ques- Lnd that the an disposal of their n Liverpool was, mmittees. He, earnt that the same electors Lord John Lord John Manners ose points which re- But there was one point on ;by) understood he had been the question had been put a of Protestant w, Lord John ) tar as opposed in sentiment to said it in a letter, that i the slightest degree of Liverpool ,om the inhabiter as their repres my coalition wi th Lord John Man in principles which would never hear a —it was not ne ; but he was bound to main riot to have a united canvass with toto with him ffered is i of canvassing his explicit inion from the Every opportunity which we haveh the soundness of Sir Digby Alackm since last week has confirmed us in c There c __worth's opinions us in our opinion of th which he holds them, and whIC minds of any Protestant as to ti ?orting the fia_ll Baronet. WHY he expresses no hesitation - in the duty of sup espeet to the questiOn whether that support should be withheld from a second candidate, of course that is a ques tion for electors to decide upon, according to the dictates of their own consciences. We kriow that there are many who feel that they cannot consist e candidates lv vote for any of he of er thr d ; and you cannot who is in all ters ( whom ME , rath )onents in principle and ;ague of widely • different suppose that such parties Birch, an ultra-liberal, for such .candidate. The choice, rally .lie between Lord John Cardwell. We will take first the claims of the f Protestant elec n and confusion caused by tt Cense it candidate with )elieye that many urably upon them, whom m s himself to th lectors upon t as a high Churchman,:entertainin very generall I as T: relying It of the poc von his high cha regards the treat- ) called zarcl to the first,—or -Churchism ed not a doubt upon tb_ Idled his Lordship's ve ever doubted lore approaching nan those of a mere eased influence, and e Church. V- diwval (fay.; lo to revive tho'se 'be light of the hich e of the ma - - But we are told that it has suited Lord John, since he came amongst us to proclaim himself a faithful Protestant member of a Protestant Church, although h e h as b een accus t ome d t o ca ll th e glo rious Reformation, by which that Protestant Church was reared in the land and freed from the trammels TO COR ,t and fatal error ;' consistently so repruo,._ his is a late repentance, and wt, confidence in him at present. nt himself e cannot pla, Should he ap, ,1. sent this borough tance ready o p to rc 9; at cricke rz purist Lordship has e much fidence in his stability, we might nthen that I ity of these new I e will give ition of his Lord- Well, the question has been t us see moral and re- we now before us, entitled )rd John foresight was id meaner sort of people • make their bodies more ecessors, shall have occa• Sunday 'ord, in print, his views as a wo A Pie holy days from usir able for N sion to use then tipplings and drur their li foresight cannot ha holydays too that all holiciays equl in his e vious quotation from D 'I National Holvdm ,uch exercises as may , when we, or our suc 7 in all workin . q do leave to e: rcise upon "Sun Ind f e remart working c End in place thereof, sets up filthy King James's one, when he contends that we [ays and that the - 3r have we " - a ather oken of (feast days and s to the Sabbath cl the wording of the ' 3ook of Sports," seem to call for, at least to sug gest, an explanation on that much discussed subject, the due observance of Sunday; but independently of my layman, to enter into that discus- o bj ecti Sion, I conceiv hat, whether the Cavaliers or the Pu ritans were right, the conclusion must be in my favour. If games and sports are right on Sunday afternoons, then they ought to be restored. If they are wrong, and ,Sun re to be kept as strictly religious festivals, then it e right, provided the two objections I have been against are deemed, as I think they must be, in wide for their celebration on other days, by swing of the Puritans themselves What the Prote valid, to pr the very sh " (P:22.) man has postponed a ma in ord It is s Peel ; a in town and his election d, howeve that he is a disciple of S nd that by approving of his claims you approve of the policy of Sir Robert. Be it so ! On the other hand by approving of Lord J. Manners's you lay the Protestant character of Liverpool at the feet of th, ir'aseyite faction Which is the greater Would 'otestant3 of Li e hope of r ing the 's past conduct rush upon somethin infinitely v principles and their Protestant duty believe it. We trust they will not be led into any thing so suicidal; but at once, unless they are -esolved Tle vote, give their sun We cannot on giving a sin port joir Sir Digby !Illackworth and MI Cardwell IN our remarks last week upon the subject of the Currency, and its inadequacy under its present restriction to supply the increased want of the• commercial classes, we referred to a letter recently addressed by Mr. Isaac Buchanan, of Glasgow, to Lord George Bentinck, in which that gentleman .ays down_ a project f or a reform of the syst ain feature, or in fact the contended for by Mr, Buchanan is that the maintenance of a Currency based upon gold is incompatible with the Operation of the Free Trade measures, and that, instead of attempting to tinker the Bank Charter of 1844, with a view to afford relief to commercial men, parliament ought at once to repeal the act of 1819, and to " set coined gold and silver free from the trammels of the law, and thus add them to the C.P.;” according to the demand and supply." ose here to give a few of Mr. B n introducing new s le says Lordship will remember that during the prelude netary storm (in April last) I proposed that sil • ver also should be made a legal tender. " I wished to see the holder of a bank note in the coun try situated exactly as I myself have been in New York, where they can tender you either silver or gold coin of all nations. " In presenting my check at the bank, I have usually asked for sovereigns, which I have always got; but the American Banks, by having the power to tender me silver dollars, and many other coin that would not have suited me, were enabled to dispose of the gold to me as a com modity at the market price of the day." After quoting the opinion of General Harrison when President of the United States, upon the objectionable tendency of a currency exclusively letallic, he cc he set af. 1 we put gel( but of c t per cent., as to appre op, as silver ich, no doubt, your lordship has in BANK OF ENGLAND, AND LL OTHEr WILL PRI ) called, or as was the rrange that the ri f the nature metals. In 181 rent depreci in the y led value of the war on the Continents of Europe and America. - " It seems most absurd for people who admit that we could not carry on a foreign war under our present cur- ency system, to hold that ive can carry on a foreign trade s surely requiring gold, if that gold is made necessary to -• )ur home circulation. " For myself, I feel perfectly convinced that, under fre grammes to pay being made a legal tender equall gold and silver ; and I presume your lordship's p 1 be (for I can perceive no other open to us) to RING WHOLE CURRENCY ON THE BANK OF ENGLAND. with L will THE " The public will have the Government and the Bank of England both as securities for the paper issued by the Bank of England, and better security need not be de sired, or, at all events, cannot be found. " To complete the eventual security of the circulation, therefore, it is only necessary to arrange a proper footing for the issues of the joint-stock and private banks. " THE IMMEDIATE OBJECT IS NOT TO INCREASE TIIE CIRCULATION, BUT TO GIVE THE PUBLIC THE CER- y DETACHING IT ENTIRELY FROM E G AF- FECTED BY THE STATE OF THE FOREIGN EXCHANGES. "The ebbs .and. flows of the currency will. then be 3liosszn to be infinitismally small . ; and hy a f ew years the public will get satisfiedto allow the joint Mock and pri- THE LIVERPOOL STANDARD. vate banks to issue (under some Gove. a gradually increasing circulation. rnment inspection " For Cie present, however, parties accepting of paper of value, will require the only sure against depreciation, that the amount of paper to be is sued, whether by the Bank of England or other Banks, and of cal Illation be fixed by 1 that I object ; and I e that Sir IL Peel's restrictions lordship me at all events) as a part nove no restriction from forma- --. We may here take an opportunity of removing Liverpoo Merchant," wh signed "A .h appeared in yesterday's The writer, after pro - n - ouncing the project " a magnificent idea of the Dock Chairman," But had be projected it before the Birkenhead Dock of only 160 acres, was thought of, it would have had a greater claim to originality and praise. However, as he put off the completion of it so long as eighteen years, I have litle doubt that free trade will by that time render i scheme partially, if not entirely, nece as well as the Birkenhead Dock." It is not the fact, however, "that the completion of the dock is to be put off so long as eighteen ment relat F to the completion of the sites for may be commenced as soon as the Committee shoo and could be completed in twelve months. T 'writer further " There is one great objection, however, to a dock a Bootle, to be used as a timber dock ; namely, the grza obstruction to the navigation which will be caused by th many flats and floattkraded with the timber for the inte rior, which will thus have to pass up the river for the entire length of the port: and when we consider the im mense traffic and intercourse already carried on by the ferry steam-boats, the salt-flats, coal-flats, and carriers' better fo leave the timber trade where it is, at the south docks, or let a share of it go over to Birkenhead ; it will then interfere far less with the other river traffic, than if transferred to a dock at Bootie." No obstruction of the kind pointed out would arise. Timber would not have to be floated down into the river at all; and the absurdity of any necessity of its having to be taken the entire length of the port, in order to be conveyed into the in terior, will be apparent when it is remembered that we shall shortly have a branch of the Grand Junc tion at the north end of the estate, and a line of munication forming lietN - veen the . great north dock, into which this timber dock will: doubtless have an entrance ' and the Leeds and Liverpool canal. There is besides at the north endthe Liverpool and Bury line nearly completed. Indeed it appears to us that from its favourable position alone, the new Bootle dock will engross the bulk- of the timber trade, whilst the south docks will be converted to a different kind of trade altogether.. We have no doubt that the project will meet the unanimous•approval of the Dock Committee and the Council,•of which from its comprehensive cha racter it is sotfully deserving. It is only another instance of Mr. Bramley-Moore's extraordinary foresight. MEETING OP THE FRIENDS OF MR. CARD WELL, LAST NIGHT, AT THE COTTON SALES ROOM. Yesterday evening, a meeting of the friends and sup porters of Mr. Cardwell, resident in the Exchange and other wards, was held in the cotton sales• room, for the purpose of hearip3 that gentleman address-the electors, and also to adopt , measures to secure his return. The meeting was well and most respectably attended, and a great deal of spirit and enthusiasm was manifested by the audience. . Shortly after seven; o'clock Mr. Cardwell, accompanied by Alderman Sir Thomas Brancker, Alderman.J; Bramley Moore, Esq., Alderman Nicol, Esq., J. Sheppard, Es q, , aact several other gentlemen entered the room, - and was welcomed with a long; loud, and hearty burst of applause When silence was restored, Alderman Sir Tuas. BILANCKER Chair, amidst reiterated rounds of applause The CHAIRMAN then rose, and in a brief:l3lk pithy and eloquent speech, introduced the hon. Candidate to the Meeting was called to the Mr. CARDWELL then presented himself, and his ap pearance at the front of the platform was the signal for another round of congratulation. Order having been established, he proceeded to say that it was an exceedingly difficult thing for anybody to presume to address a. con stituency so celebratedlis the constituency of Liverpool— a constituency which, had ever taken the lead;. in. the sound, safe, sober, steady advancement of that great career in which their common country stood -so con spicuous amongst the nations of the earth. - (Loud applause.) But it was particularly difficult for .him be cause he could not help feeling that he stood there sur rounded by men his seniors in point of age—hie-superiors in experience—conversantwith all the great interests of the empire—fit judges—indeed, too able judges—for him to hope that any:qualifications hepossessed could possibly stand the test of their judgment. In the course of the election,. he had to address many audiences ; but he was then placed in that room, which, above all others, suggested con siderations of great impart. (Hear, hear.) In that room was conducted the trade-in that great staple of their do mestic manufactures whose wonderful developement during the past half center bled them to compete with oae power of imperial Erance—(cheers)—which .had made them more prosperous and had contributed more to the wealth of this great people than any other article of. com mercial import. What great considerations did -not that bring to the mind of such a constituency as-that of Liverpool ? True, they.were not consumers of the article themselves; although there was a great manufactory. of it in this town ; yet, speali'Ln7, generally, the manufacture was itself was not the seat of the manufacture of this article, still it suggested the consideration in the minds of the Liverpool men that out of the cotton manufactures of Lancashire, in a great part, arose the pre-eminence of Liverpool. (Hear, bear.) So that whatever branch of that manufacture they stimulated and encouraged, they did, by a necessary consequence, stimulate thewealth and 7 prosperity of the"trade of Liverpool. (Cheers.) From their peculiar position, and from their great river, which was the gate through which the wealth of the world found its way into the other parts of the empire ; from their po sition with respect to imports of all raw material for the manufacture of articles, and from the vast amount which such articles, no matter where manufactured or where consumed, must necessarily leave in Liverpool, those articles must contribute to the greatness and the wealth To increase the trade by which the imports of the raw material would be increased in Liverpool,,was the duty of every friend to her trade and commerce. (Hear, hear.) And there never was, in the history of England, any space of time so remarkable in this respect as the duration of the six years of the-late parliament. (Cheers.) The in crease before had been progressively great, but it was nothing whatever as compared with the rate of progress which they had made during the past six years. (Hear, hear.) In 1843 their amounted to 47 - millions, and in 1845 they had increased to 60 millions. (Cheers.) If they took the imports.of all the articleswhich contributed to the comforts of the industrious classes,. he could, if he wished to trouble them with figures, give an equally sa tis actory account. How, he would ask, was this great amount of prosperity produced ? Fi r s t, b y their own un tiring energy ; by the unconquerable activity of the people buto t w h e a r t e e t n h e e r n gy choosing t i a v i r t e y p iie o s u e h n d t a a t i v k e i a f d o r a p u a p r p h o a rt m e e i nt ; . in the parliament, which by the reduction of the import du ties, gave them all that the , people of this town had ever desired—a " fair stage and no favour." (" Hear, hear," and cheers.) The effect of that course of policy had not been lost ; no, it had been felt in the increased prosperity of the port of Liverpool. (Cheers.) The exports from the port had increased during that period about 60 per cent., and the shipping of British tonnage coming into the port had increased in the same time no less than 50 per cent. Speaking as he did before men—gentlemen who. were so much more connected with the improvement of Liverpool than he was—and more especially speaking in. the presence of the chairman of the dock estate—(cheers) —who was so much better acquainted with all such mat. tors, he would not be justified in troubling them about what had been the effects of these measures, of progres sive policy, upon their docks. (" Hear, hear, and cheers.) Speaking of this matter brought him to, the question of the shipping interest. (Hear, hear, hear.) He had that day read a document in the public news papers, addressed to the electors of a borough on. the east coast of England, called King Lynn, by their noble ,tive Lord George Bentinck. (Laughter.) He _..., vas not surprised to notice in the course of that document that the hon. member for Lynn gives the ship owners a back-handed blow. He tells them that they have not always been the advocates of his course of pro tection which at one time he had reason to expect they were; but he (Mr. C.) should have been much more representa (Mr. C.) s ter they fou their expo: 50 per c , if a and their imports found that the tonnage of British ships increased in . years from 600,000 tons to 900,000 tons—if after all this they had come forward and a-' "We will have no more )f that, our imports and we have too many qs increased so stand it " trrde said—' re too la' If they had said any of ti b ge, we have too large fors, in fact, the ship h that the shipping iter and cheers.) s, he should have A the wise had actor would fee then — wa 1. But perhaps the electo: end put to those imports pink; the blessings of so would rnal ach free wilh the other kingdo in hi Lev would aiqnclfrnii of the world ; yet if minion, be still more k such a change The honourable an then proceeded to notice a return from th, ers in favour of free trade, and expressed hi lisfaction and entire concurrence in the sentiments expressed in it, and continued to say that they (the meet ing) were witnesseswhether the principles advocated in that petition and acted on by the government since had been right or not. (Loud cheers.) And, indeed, if he wanted evidence in its favour, he had before him his friend Alder man Bramley-Moore, who had added so much by his skill, talent, knowledge, and research, to the commercial lite rature of their country—(loud applause)—and he could bear testimony to the manner in which those great mea sures had worked. (Cheers.) He had been asked to give certain specific pledges upon an important subject. He had been asked whether he would consent to any change in that system of laws known as the Navigation Laws. (Hear, bear.) He bad already stated, that he knew wl!nt those laws were established for—they were established for the maintenance of their commercial marine, and for the security of their national marine —(cheers)—through both of which this country had attained to her present high, proud, and noble position. (" Hear, hear," and cheers.) He had paid to the subject the utmost of his attention, and as he told them before, he agreed with Adam Smith, as to their itsefalness in promoting our national greatness and prosperity. He had never said on e vrord in opposi tion to these laws. He should feel it incompetent in him to rashly interfere with the present system of laws, which had been for more than two centuries intertwined with But as a representative of ppeared to him tfrat if any likely to accrue to those interested in the inter sts of t t, from the shipping int made, it would not (Ch, :halm which rni; his duty to stand in the improvement • ) Nothing was easier than to position which they aspired to occupy, nothing was than to meet the expectation of the moment by tt s, which often• met w He hoped ti%tzt they ing too far in_ saying diest pTomis 'ith the most a-ceeptal _ 'mild not think him but he had higher views 1 , 3. (Loud cheers.) He in seeking for their s-uffra'7,, he might have no pretensior he knew that however in him ms might to invest him with the respons, of the empire naturally belongt he was entitled to take higher ground —going forward un-pled, may be retain, led to issue one pound notes, and that, being per iitted to bold Bank of England notes instead of specie, . . they would have it open to them' to make an arrangement with the old lady, to hold her notes on very economical exchanges of notes issue which at the counter of the Bank and notes being e Tywhere else I am quite unatrare what has been your ion on " vital poin I myself conceive to 'be most free from TO. SEE NT TO THE BANK MADE T A GOVERNMENT ISSUE, TO CONSTITI EQUALLY, WITH GOLD AND SLYER, A 1 IE CIRCULATION GETS DOWN TO )NE MILLIONS A'TEMPORARY LOAN TO BANK OF ENGLAN IN ORDER TI) ECURE THE PUBLIC ALWAYS C ING A CIRC TING THE SECURITY OF RNMENT IN THE WORST TIMES, AND AI AYS HAV, LAND, OF NEVER LESS TIINN TWENTY-ONE MILLIONS " The Bank of England would be notes of the Government, and vice versa. " The Bank of England would also be permitted to issue its own notes •to the amount of its paid-up capital , (which may come to be increased), say fourteen millions, a guarantee for the but when the Circulation f it ever could arrive) at this most ex lk would have seven millions of tended point, the 'HE PLAN I AM RE !lock COMMENDING LAYS DOWN THAT THE BANE SHALL AT NO TIM 'll OVER ONE-HALF Olt SEVI MILLIONS OF THE FOURTEEN MILLIONS OF GOVERNMENT PAPER CON- TITUTED A LEGAL TENDER WITHOUT HOLDING SPECIE EQUIVALENT AMOUNT " Here we have propounded, for the first time, the principle of compelling the Bank to hold specie, while the foreigner is prevented forcing specie out of its vaults, seeing that the Banks could at all' times get back suffi cient of the Government notes for its specie, and also the premium or appreciation. " Two great practical points will be attained by this re form, or rather revolution in the currency. " Ist. The export of gold will only cause a rise in the price of gold, instead of, as at present, a rise in the price of money or interest, and a fall in the price of all other descriptions of property and commodities, coupled . with a most cruel diminution of bank facilities at the very moment they are most wanted. " 2nd. The restrictions on the Bank issues will not only prevent depreciation, but by preventing the Banks making credit too cheap, for business purposes, will secure a fair proportion . of the business being carried on by real capital. "I could give other illustrations ofthis NEW CURRENCY principle, but I have already written at too great length even if my own time permitted me to-extend. " I have no wish to conceal from the public the evili of a depreciation, and I shall give below-a statement show ing the depreciations during the first twenty years of this century in all their nakedness; while, at the same time, I would' beg to refer to my explanation above, that much of the depreciation during that whole period, and often the whole of it, should rather be called an appreciation of gold,,made valuable by the demand for war purposes, than a depreciation of paper arising from its over-issue. " Let Me finish with s tlie general remark that, as we see clearly that the foreigner will take our gold, we should not lose a moment in arranging for a safe and ample supply , of paper money, taking care that under our new system the foreigner will have it in his power to take away no more for his nominal pound sterling than our paper pound will buy of GOLD AS A COMMODITY, RISING AND FALLNS ACCORDING TO TIIE DEMAND AND SUPPLY." 'Without committing ourselves to all the details of Mr.. Buchanan's project, to none of which how . ever we see any very - striking objection, we submit that the principle on which it is- based is sound , moreover, we may repeat here - we are willing etary 'ss a repetition of the to wane mom , position, in W hich we were placed in the spring of the present , year. Already we hear of serious fears being entertained of the re-appearance of disease in the potato crop, which, although we are disinclined ourselves to entertain them, ought not to be met by total incredulity, We quote the timely warning from the Manchest , Guardian of Saturday last and we may remark that our contemporary professes to speak from I facts "Judging from the facts which have just come under our notice, and from the experience of former years ' and of other countries, we fear there is now very little chance of the escape of the late crop -of potatoes in Great Britain and Ireland; and it behoves all men to take such measures for meeting the crisis which its failure is calcu-. Wed to produce, as may be best suited to their respective positions and circumstances. Though the partial destruc tion of the crop, if it should unfortunately occur, will probably not prove so serious an evil as it was last year, it cannot but give rise to serious difficulties, affecting the interests of nearly all the productive classes of this coun try. Every man, therefore, should prepare, by the timely. exercise of prudence and economy, to mitigate the evils which such a calamity is calculated to produce. ' Zee know perfectly well that our statements and our advice, on this subject, will prove very unpalatable to many parties, who have made up their minds that there is no disease, and that there shall be no disease, in the potatoes this year, and regard every one who expresses a belief of the contrary, almost as a personal enemy. All this, how ever, will not stay the disease. Faint-hearted and feeble minded men may for a time delude themselves with the idea that, inasmuch as they will not see the evil, it will never come upon them ; but every man of courage and capacity will look it boldly in the face, knowing welbthat, by so doing, he may at least mitigate its consequences, if he cannot escape it altogether." Should these fears •-n oc them only, be or a porno. it Int. realized, we may look forward to another season of accompanied by tightness of the extensive impor money market, stagnation of business, and a de- , and preciation of every description of propert security ; and although the mercantile classes the country were enabled to weather the last pres sure without serious disaster, we greatly doubt whether they are so well prepared to pass through another. Our legislators may depend upon it that to a revisal, if not a total reversal, of our Currency Laws they must come eventually ; and such a question it will be infinitely better to consider calmly in time, than to be driven to its considera tion in a period of suffering and calamity. THE communication, made by their Chairman ramley-Moore, to the Dock Committee, on Thursday, of an arrangement by which two hundred acres of dry and wet dock space, will be cappiirerl fn 'that hnriv_ for thi annommndsi+inri Mr. J the north end of t lken not only 'rustees but cantile interests at large by surprise. A more comprehensive scheme, or one of.-reatei usefulness, it would have been impossiblr•L;o have devised; and when to these qualities is added the very it `-nt consider -n 4- ' will be (.0= our II _ —bit,. Lllab to out at so trifling a cost to the Estate as to be almost inexpensive, we feel confident that its able promoter will be acknowledged to have conferred an obligation to his fellow-townsmen, which entitles him to receive their unqualified approba tion and gratitude. Much as he has effected pre sly for the prosperity and growth of the Dock te, by his firmness and his foresight; ably as protected that Estate hitherto from in -Ird this. if hment and injury; we must re carried out, as I greatest work—:his eatest triumph. The leading features of the plan will be found in our account of the proceedings of the tine of the Dock Committee. They are, tailed Ut last ii in brie f, the running of an outer dock wall from iern extremity of the present worl little beyond the Bootle Land formation, eastward of such wall of accommc nd dry docks, and comprisin for the accommodation dation, of both wet an area of 200 timber trade. estate and to this port, ;he committee of sites for four blocks of td streets, the first and nearest to the pre- at works I ng to be corn !ct in six yeai a 14 years, a econd in ten yea the third fourth, at the northernmost end in 18 yea sites or blocks in question, we presume, will be made from the surplus excavations at the north works now going on, and any further excavations which may be sunk in forming wet docks upon the space to be taken in by the committee. We be lieve it is generally admitted that the extension of the sea wall further north will operate most favour ably upon the outer channels of the river, and re move altogether what is becoming a dangerous set in - of the current in that part of the shore along which it is to be rim, the electors of bility which in the council to their representative, It'to anything-. except th ptanse.) He believed—and he honestly said he believed —that language and doctrine of this kind was the way fora man to recommend himself to' this intelligent con stitutncy. (Hear, hear.) But still he did not hesitate to saythat while he was seeking the dfstinction to which his knew better how to appreciate the honour of becoming their representative, yet there was one thing which he felt to be of still higher value, and that was‘the conviction of an honest conscience, and the belief that he had done nothing to• compromise his honesty or his consistency ; but that he had discharged his duties to his countryfairly, faithfully, aml, to the best of his abilities,- well. (Voci ferous appimse.) He would then say, that he would until he was satisfied that that change would be conducive to the general: good ; but being so satisfied ' ; he would say further, that no power on earth would induce him to oppose such a change. (Loud cheers.) An absurd pre judice had been attempted to be created' against him on this subject ;- but that prejudice was without founda tion, for nothing that he had ever said or' done would justify any charge of that kind. (Hear, hear.) He had said that as the representative of Liverpool it 'would be his duty to represent' the ship-owners of Liverpool, and if he should be placed—as he believed he would be placed—(loud cheers)—in the high position of being their representa tive, no personsvould more command his most anxious thought—his most assiduous attention,—and he was greatly mistaken if he did not satisfy them. (Applause.) That he had been in reality a far better friend to, their interests—and he-was sure that he would be a much let ter advocate for their interests—than if he had taken the opposite course tO the policy which he had heretofore pursued,—and thereby deprived himself of that power which so humble an individual possessed. (Cheers.) He would now revert to the document to which he allu ded—the address of Lord George Bentinck, and he was willing to attach some importance to that address, inas much as he regarded it as an exposition of the course of policy which they-might expect from him and his friends when they got eseonsed in the official situationsuf Down ing-street. He- did not know whether all present, like himself, had read 'the morning's papers, but he would just ask them what they , thought the first three columns of this address was occupied with ! Why, with an elaborate attempt to disprove that there was any potatoe rot in Ire land—(shonts oflaughter)—during the winter• of-'45 and the summer of '46i (Renewed laughter.) to do so reminded 'him (Mr. C.) of an at The 'attempt part of the country-in which he was acqua-inteff'there used to be an institution :called the stocks,—(laughter,)—and sometimes men were put into them for punishment,•which, while it amused the . public, was also intended to pro mote their reformation in manners and morals. It so occurred that a men was one day put into- the stocks, and while he was there &lawyer came past, and lie begun to question the man as to what he was placed in such punish meat for. The man -having told him, in reply . ,the offence for which he had been pat in ; " Then," said the lawyer, " if your offence was not greater than that, they -.cannot put you in the stoe'ss for that." " Oh, than be all very well, Mr. Lawyer," said the fellow, " brit I am in the stocks already.' - ' - ' (Laughter.) So they might have as long arguments as . Lord George pleased - to give them, in order to prove that there was not a potato rot; -he was just in the position of the man in the stocks—the rot was there at all events, (Mar, hear.) He might • say as much as he liked on the subject, but his (Mr, Cardwell's) answer was plain—there was a potato rot, and• the fact no person ever before-attempted to deny. (Loud cheers.) The hon. gentleman then proceeded to discuss the new plan of commercial policy developed by Lord George Ben tinck, which he condemned as being inoperative,- imprac ticable, and if attempted to be carried out would destroy the commercial prosperity of this kingdom. He continued to observe that they-were there, in a time which was not a time of excitement, marring a solemn appeal to-the calmer advance; they had'set an example with regard to com mercial freedom, and'they were asking foreign countries to do the same'. They were asking them , to follow the example of England;• because she had taken this course thinking and believing that it was for her own interest to do so, and they asked the foreigner to do so thinking and believing that , his interest would be advanced by it, and that by the reciprocity of commercial interests thus created the improvement and the civilization of the alone, but in Europe ; and not only throughout the whole of the world, the ettect lEurope: but A that Might depend npan it that through the Zolverein, and through that still greater Zolverein, the United States of America—from Ittimburgh to Bordeaux—from the Pacific on that question would be looked on ;vitir anxiety and re garded with respect. He came there an humble indivi dual in himself; to ask them for the calm expression of their verdict.- He hoped they would-give expression to it, and if they found that their exports and imports inoren cpd nor oPnt_ stria their 1-ntinnoc. rip-e non* and if they had seen millions of taxation reduced, and the exchequer net , impoverished—that where there was a de ficiency befope, they had now an increase; if they had seen the comforts of the industrious classes promoted— the wealth and r Tosperity of the whole kingdoin adv —they should rejoice that the appeal which was then made to them was not in the language of vulgar politi cians, but a..calro appeal to their reason and their judg ment. (Mar, hear.) If he had the honour of being returned, he would, he could assure them, do his utmost to promote their welfare, • the national prosperity, and the good of mankind in general. (Loud cheers.) He had no more to say except that if they were prepared to go forward with sober, conscious, but firm steps, he hoped they would give in the record of their verdict, and uphold the name of Liverpool as it had hitherto been the first name in national Improvement. (Loud cheers, in the midst of which Mr. Cardwell retired.) A few unimportant questions-were put to him, which having-been answered, a vote of thanks, on the motion of Mr. Bramley-Moore, seconded by Alderman I , passed to the Chairman col, was The meeting then adjourned MR. CARDWELI AND THE SHIPWRIGHTE MEETING LAST NIGHT, w evening, at eight o'clock, Mr. Cardwell 1112 t iipwrights of Liverpool at their Hall in Bond-street. The Secretary of the Association was called to the chair, and briefly introduced the proceedings. Mr. J. Bramley- Moore introduced _ _ _ 'esterd Mr. CARDWELL, who, in commencing an able and most lucid speech, expressed'the great pleasure which he had in meeting a body of men,with whom he had been acquainted for the last 13 years.. His remarks were throughout en tirely confined to au:exposition of his views with respect to the shipping interest. There were several matters, be said, connected with the making and building of a ship. Firstly, they required a mau who wants.a ship., And after enumerating the various recent questions which he had ' had a share in carrying, and by which. trade had been in creased, he reminded them that increased trade made people want more ships. The imports of the year 1845-6 had been £47',000,000, and those of 1846-7 had been £60,000,000 ;: and the exports had. been in proportion. The amount of British tonnage in the same years had been respectively 600,000 tons and 900,000 tons. They should vote, therefore, for those who would give them greater trade, and they would have to build more ships. Again, they wanted cheap timber, cheap hemp, &c., which had been given them without injuring any other interest. With respect to the Navigation. Laws, he was in this posi tion : he would not imitate the quack and prescribe, until he first knew the disease. He then entered into a history of these laws, which were introduced by Oliver Cromwell : and stated that Adam Smith, although in other matters a free trader, approved of keeping up our commercial ma rine, inasmuch as upon its prosperity depended the strength of our navy. His principle in dealing with these laws, would be, to sanction no change until he saw how it would , benefit the country and the artizans of Liverpool. We had become the greatest nation in the world, 'by sticking to what was good, and, when we saw it, by catching hold of what was better. The country could not stand still, but must be going on ; and he caution ed the shipwrights, that if they stood still, there were sharp people in Am , rica and elsewhere who would outstrip us. After a question from a shipwright, Mr. Latl was answered satisfactorily to the body of the m t ,, Mr. Cardwell moved a vote of thanks to the chairman and after brief addresses from Mr. Bramley_Moore and Sir Thomas Brancker, the meeting broke up, first giving three cheers for Mr. Cardwell , and the same to Mr. Bram hw-Moore and Sir Thomas Braneker. ham, which MEETING OF ORANGEMEN. A general meeting of iiiis loyal body was held in the Portico last evening, to which the three candidates, Sir Digby Mackworth, Lord J. Manners, and Mr. Cardwell were invited. The room was crowded to excess. Richard Harbord, Esq., was called to the chair. He briefly ex plained the object of the meeting, and introduced the several candidates to the audience. Lord John Manners was first introduced, and delivered a lengthened address, explanatory of his principles, but of which neither time or room can be afforded for a report. At its con clusion, the following questions were put to the noble candidate : Are you prepared to resist all connexion with, and ession to, Romanism, more particularly, will wou July 27,15-17, - iNakvb t kb slaErz..,; Jul oppose the endowment of the Romish Church in Ireland or elsewhere; and will you oppose all attempts to estab lish any Government intercourse with the Court of The noble lord said he was extremely anxious to answer every question which could be put to him. Fre would take the question, and answer every part of it. The first clause was—" Are you prepared to resist all connexion with, and concession to, Romanism ?" In answer toe this, he had to say, that according to a return moved for by Lord Ashley, he found that in last year there had been ex-- pended by the Church of. England, the Dutch Church , ,. and the Roman Catholic Church, in our colonies, the sum of £166,000, and of that sum fourteen thousand pounds had been expended on the Church of Rome. Now he apprehended the qustion, if answered in the affirmitive would compel him to reject every grant in our colonies, if applied to the Roman Catholic Church. He therefore was not prepared to answer that in the affirmi tive, because most of these grants were made on the faith of treaties solemnly entered into by this country. Thu next portion was "whether you will oppose the endow ment of the RomislY Church in Ireland, or elsewhere." Should any attempt hemade to endow that church, either cut of the _ l funds of the Est a bli s h e d Church, the. consoli- 1 l_ • - y other proposition,. byo mously oppose it. (Hear, hear.) He had never heard --- „,, cit;on.. but if it was intended to: appl, , to give up the colonies, they must keep the faith on which they had been ceeded to this country. The last portion of the - question the noble lord answered by saying, that as at present the king of Hanover had a minister at Rome who transacted the business or this country at that court, he thought it , would be more open and straightforward to have it done by a minister of our own. After one or two other questions had been put, and an, swered by the noble lord, Sir DIG IVY MACKWORTH was introduced, and received with the greatest enthusiasm. He delivered a long and eloquent address, in the course of , which he declared his principles to-be, " Love to our Roman Catholic fellow countrymeni-no surrender of our noble Protestant insti tutions, and no peace with Rome." (Tremendous cheers.) At the conclusion of his address, -the CHAIRMAN put the question to the meeting, as to whether Sir Digby was a fit and proper person to represent the borough, and it was carried by a large majority, and with Kentish fire. D\VILL 2g at great length [ate, then .nd in eloquent Mr. H HARBOitn said he wished to know whether he should be right it he went away with the. impression that the hon. candidate who had last spoken would vote for the repeal of tho Navigation Laws, provided some oily tongued gentleman, such as Sir Robert Peel, should show him that it was advisable to do so ? Mr. CartnwELL - said, the question was rather a singu lar one. Upon all questions he should exercise a perfectly independent judgment. He would consult those of his constituents who were most interested, and he should then form his opinion, and if it were proved to him that the measure was for the general good of England, and of Liverpool in particular, he should then give effect to that opinion by his public-vote in its favour, (Hear, hear.) The CHAIRMAN asked whther Mr. Cardwell would re. sign his seat if his opinion should differ from the opinion entertained by the Shipowner's Association ? Mr. CARDWELL declined to pledge himself on the point. would vote A MEMBER asked whether Mr. Cardwell for the endowment of the Romish Priesthood. Mr. CARDWELL replied that the Premier had told his constituents that there• was no intention to propose such a measure ; but if it was proposed, he (Mr. C.) would oppose it. (Cheers.) The CHAIRMAN then stated, that having put the mo tion respecting Sir Digby Mackworth, he felt bound also to put it respecting Lord John Manners and Mr. Card well. The latter had the fewest hands held up in his favour. Lord JOHN MANNEns , proposed three cheers for the Chairman, which was seeonded.by Sir D. MACKWORTH, and heartily responded to: The meeting then separated peaceably and orderly. LATEST INTELLIGENCE. (BY EXPRESS.) LONDON CORN 1 The arrivals of both fore MARKET.—YESTERDAY. 6:01 Wheat and Flour,_during the past wees, were again verb: large, amounting* to about 80,000 quarters of the former, and about 52,000 bushels of the latter, elich fully compensates for any deficiency in the supply of 'tome nroduce. The show Whem• in ing, by land-carriage samples from the near coun ti es , was l arge for the season of the year; and our millers, while the weather continues so favourable for the growing crops, show no dispo sition to increase their stoclm The rates offered by these gen tlamen were so much underthe ideas of factors, that the bulk of the supply remained over unsold at a late hour of the day. The little business transacted was at a decline of ss. per quar ter upon English, and 3s. upon foreign Wheat. The town mil lers have reduced the top price of Flour to 60s. per sack ; and barrel Flour met with very little attention. Barley unaltered in value. Oats, in consequence of large foreign arrivals, lost today the advance of Is. per quarter realised in the middle of the week. Beans must be quoted 2s. dearer, and Peas 4s. SMITHFIELD CATTLE MARKET. YESTERDAY We have a good supply of 13easts, but the demand is also considerable; there is therefore scarcely any reduction in price. The best Scots are still making ss. per Sibs. ; there is a slow trade for inferior qualities . From Holland and Germany we have 701, from Leicester 900, Northampton 400. ^` 't a (tendency in weight or meat. Late prices are fully sup ported ; indeed, a few best Downs and half-breds, an d some o f the choicest Lambs make nearly 2d. per 81bs. advance, _but we cannot generally quote higher. Trade is very slow amongst the Calves, and to effect a clearance rather lower prices were submitted to. From Holland and Germany we have 1,880 Sheep and 181 Calves ; and 1,610 Sheep from Spain. Trade is brisk for Figs ;late prices are well supported. MONEY MARKET—YESTERDAY We have a quiet market, with scarcely any variation in the Mark-Lane. has The report of col' use to Conso] which, from 88 to 2 fOr ac count, are now called 88i rather buyers, and for money 88i to with few transactions. Reduced Threes, 88i to , er Cents., 90a to a. Fachequerßills, Bs. k Stock, 1963 to si. Three and a Qnar The nomination for the city of London is appointed for rednesday, and_the Thursday next. ing for , n, W. I !;59., and 'atton Eger- ton, Esq., are members of his committee The polling for Oxford University election will corn. mence on Thursday next; and terminate on the following Tuesday at two o'clock. The same days have been fixed for Cambridge University.' The remains of the fate Daniel O'Connell arrived at Southampton on Sundiy morning from Havre. Mr. J. O'Connell accompanied the remains, which proceeded to EXTIRPATION OF THE UPPER JAW BONE. CONTAINING A LARGE TUMOUR IN ITS CAVITY, WITH PART OF THE CHEEK BONE.—The above formidable, rare, and difficult operation was performed, during the past week, with per fect success, by Mr. Falloon, surgeon, assisted by Mr. Lewis, in the presence of Mr. Bickersteth and other me dical men, on a young woman from Holywell, in Flint shire, who bore it with marvellous fortitude. We believe this is the first time this operation (one of the greatest in surgery) has been performed in Liverpool,. or by any one in its neighbourhood. LICENED VICTUALLERS' FETE.—The festivities at the Zoological Gardens, in aid of the finds of the Licensed Victeallers' Society, established for the support of their aged and decayed members, their wives and orphans, will take place to-morrow. (Wednesday,) and not on Thurs day, as previously advertised, the latter day havihg been appointed for the polling for the borough. The attrac tions for the sight-seers are of no ordinary kird, and there will be abundance of amusement of every descrip tion. The banquet will, we understand, be a very splen did affair, and we ara authorised to say that amongst the visitors will be Sir Digby Mackworth, Lord John Man ners, E. Cardwell, Esq., Sir Thor al Birch, and W. Brown, Esq. A rich treat may be ex. e ed. LEICESTER ELECTION. — We have before us an excel lent address from James Parker, Esq., soliciting the suf frages of the electors of. the borough of Leicester. The hon. gentleman is a member of the bar, and brother of C. S. Parker, Esq., of this town, and brother in law of Edward Cardwell, Esq., and we are glad to hear that there is every probability of his defeating Sir Joshua Walmsley, another candidate for the borough. Mr. Parker says in his address that half of his life has been passed in inti mate connection with the immediate neighbourhood of the - borough, and after stating that "it will ever be his earnest endeavour to maintain, to purify, and to improve the Institutions of the country," amongst which he ranks " the Church as first in importance," he adds ;—" There is one subject, in my opinion, of paramount importance, on which I desire to be most distinctly under stood. I regard the maintenance of Protestant truth as essential to the welfare and stability of this great empire ; and I deeply regret those acts of the legislature which have justly excited the jealousy and alarm now felt by thos' whose opinions on this subject coincide with my own. am prepared *- every measure which, in 'my judg merit, is calculated to injure this great cause, or to coun tenance or support those errors which it is my bounden duly, as a Protestant, to discountenance and oppose." 'HE CASE OF GOVERNMENT CORRUPTION IN FRANCE. —The resumption and the termination of the "affaire Teste" in the Court of Peers on Friday, supplied once more, on Saturday, the materials for leading articles to nearly the whole of the journals. Disclaiming to imitate the Attorney-General by attacking with unworthy rude ness the wretched, aged, millionnaire Pellapra, the ma jority of these papers express their indignation principally at the crime of " a member of the Government, who, xantrary to all precedent. allowed himself to iy the hoary seducer." When the Court night in, and, for a lot al fashion of French Courts of it mchment, and was for Half an 1 t of observations and of a direct General in terms in which the be persuaded sat the pri time was inter- Lary inquisito- He owned the our afterwards ddress by the press and the The defence of s a matter of M. Chaix d'l even the journals dif politics candidly confess, After thes Court retired to deliberate. At a quaff the peers returned into court, when the Chan known the result. M. Pellapra was found guilty, and sentenced to civil degradation and a fine of 10,0(0., and then the Court was dissolved. The money was paid in the course of the evening, and the prisoner 'det at liberty, and thus ended the affaire Teste. the prisoner 1 another kind, from him in 3 proceedings the ter to six o'cloa . _ LIVEF I , - 200L: TUESDAY ; JULY 27, 1847 PRINT ;,D AND PUBLISHED EVERY T T :i Eg . IC A i - lr6 R N 1 N G , By JOSHUA II :ETCHER LACE, of 53, Grove street, and LEONARD G ADDISON, of 14, reat Orford-street, At NO, A, QT .... ... n NORGE'S CRESCENT, LIVERPOOL. Terns Of Subscription for this paper :—On credit, 'one year, Vi s. ;. if paid in Advance, 1534