The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1851-05-20 00:00:00

The levers The erection of t 10 CORRESPONDENTS J. S." pr )bably next week e Crystal Palace cost, we hat the r 107,000. identill ex What the MI now no doubt we know s will be to a F not ; but t amply sufficient t A subscriber at Great Malvern complains 'of not havir ceived the LIVERPOOL STANDARD of last week, but on Thursday morning the post brought him a ,Supplement to the Times of May 12th, folded in the cover despatched from this office, and which had printed upon it, in very conspi cuous characters, the name of this journal. The thieves in the Post-office are the worst plunderers in existence, their frauds being numberless and systematic. We hope, how ever, that the committee obtained by Mr. Milner Gibson will devisa some method by which we shall be enabled to punish some of these gentry by-and-by. We understand that on Saturday ev , Aung the Rev. S. Minton, ncumbent of St. Silas', forwarded to the Rev. nvitation to discuss the doctrines of the Church 1,, “:1 been received un to yesterday Dr. Cahill ar of Rome; 1 afternoon. tl)e 7Liberpool &tanbarD. TUESDAY MORNING, MAY 20, 1851 WE congratulate the commercial and industrial community of the empire upon the universally-suc cessful demonstration of opinion made at the Cotton Sales-room yesterday, on the occasion of Mr. Jonathan Duncan's exposure of our one-sided Free Trade and of our nefa The attendance was most rious monetary system nfluential both in num hers and character, held as the meeting was in the middle of business hours, and in a very excited state of our produce markets. There were present a body of gentlemen, whose aggregate transactions repre sent tens of millions annually ; and, although differ ing on many points in political opinion, their con demnation of Sir Robert Peel's currency system seemed unanimous; and the vote of thanks. moved by Mr. Torr to the lecturer, was most enthusias tically received. We may remind our readers, amongst the trading and working-classes, of the lectures announced for this evening and Thursday, at the Concert•hall, Lord Nelson-street. They will hear at these the clearest explanation of the causes of, and remedies for, the present disorganization of the commercial and industrial interest which has, as yet, been given to the world. In conclusion, we may be pardoned if we express our own thanks—and we feel confident that in doing so. we express those of the public—to Mr. F. Shand, for his kindness in presiding upon this momentous occasion, which he ever shows in promoting any movement which has for its object the benefit of his fellow-townsmen and of society. Mr. Shand, we trust, will have the satisfaction of having contributed most powerfully to strike a blow at a monstrous sys tem of oppression and cupidity, which, with our free trade policy as its adjunct, is rapidly sapping the foundations of the prosperity and power of the British Empire. WE give, in our columns of to-day, a further portion of a correspondence which has taken place between the Rev. J. B. Lowe and the Rev. Doctor Cahill ; and beg of our readers to contrast the mild, Christian tone of the former gentleman with the rudeness and ill temper of the latter. Doctor addressed another letter to Mr. Lowe, which we do not insert, partly owing to its length, but mainly because, whilst indulging in scolding language, it leaves the case between them where it was. One assertion of the Doctor, viz., that he did not receive a copy of Mr. Lowe's second letter, affects ourselves. He states that he never received the Lioerpocl Standard, in which it was published, until the paper was handed to him by his friend, Mr. Flannedy. We beg to that, at Mr. Lowe's request, we to Doctor Cahill, which was deli 's Presbytery, St. Cahill has state, in rej directed a copy vered personally at St Mary' Paul's-square, and taken in by the servant or porter from our messenger. Another assertion of the Doctor's has been denied publicly by the gen- Mr. S. F. Gardiner—whose version of the interview had by him with Dr. Cahill that gentle man has repudiated We do not think tleman— potation to his er of his communications. The acrimony ch he displays was certainly not warranted by anything contained in Mr. Lowe's letters. xnann The correspondence will serve to open the eyes of Roman Catholics as to the reluctance of their champions to bring their statements to the test of truth ; and it will also redound considerably to the honour of the talented incumbent of St. Jude's. mr...imilmmrmessam•ommagoomm•••••• Wilie:N e are informed from ne to time that )%vi,er, in consideration of a sion, has returned ten or fifteen per cent. of their rents to his tenants, we are irresistibly led to sign that they have been fixed upon too le. An equitable scale would enable the farmer to balance the bad years with the good, without any serious inconvenience being felt. Cal culations could he made with more certainty if he knew that no abatement would he made. Habits of providence and a judicious econmnization of the conclu hulas .e would a ) he encouraged _se opinions, we read with pleasure last week a circular, addressed to his tenantry by Earl Fitz- William, announcing that he had made a re-valuation of his Wentworth property, and that a reduced rental would he received on this May-day. This is a step in the right direction, and an ac knowledgement of the undeniable fact that, with there must he a re-adjustment of rents t the kingdom. Bat his lordship has liberal as, we fear, he will he com mie of the Went- Free Trde, worth farms has per bt been based on a price of C for wheat The new -sad n future t quarte hole of the past yea owever, and thus far during the pre ave been below 40s. ; and this ,sent, prices Ist the ield of nt. We can grain has been notoriously deft ,ect of a ris to his lon ns to think f' consideration iven to the f t that a reduction has taken place I ^Q. used by the farmer and his family, we are will find the saving much too little to Neess of 6s. Bd. per bushel over the hich the earl asks to he allowed to 'ocket. His lordship is generally ~0 in the price of most afraid reputed to be a kind an and an excellent land- Free Trader and political but as a con economist t to allow a portion of the he of ved fi saving tier heaDn fanners nsteatl of t for exacting a rent beyond what t less to pay debate u es, to go into the it as a pretext ought in fair n the Papl Aggression Bill still long," impeded at every tions from the Irish these gentlemen ding themselves, and ise, of public sympathy that it is very pos sible we shall have a better measure than that first proposed as the result. Under the nightly in fliction, to which be is subjected, Lord John Russell himself is assuming a firmer and more Protestant tone ; the leaders of the protectionist ho might otherwise have been induced to art from the operation of the bill, t Ireland in eclare that under no circumstances will they lation to England on this ed to Ireland ; and the consent to apl ct, which is n London t the first to ask for the exemption of Irelar at the pros ,ect of Mr. AValp 1, hints pretty plainly amendment, . . veraing the concession made to that country, being carried through the house, and adopted by the government It is into ,at the legislative business of a great empire should he arrested, and the earnestly expressed demands of the maiority of that empire should be delay e d, b y the furious talk of a few noisy declaimers, wh ose so l e o bj ect is to delay time, unless indeed they have another object, viz" to render the British parli amen t contemptible in, thousands of foreign visitors now ~tiled in our metropolis. How interesting it st be to all who look with dhlike upon our con _Jon, and our recent policy to be told that for 9 0 years the whig govern tnent has been kept i n power by " the Irish Brigade !" how instructive it . ought to be to Ireland herself to be told that a policy that has ruined her farmers, beggared her gentry, and is ra pidly expatriating her labourers, has been carried out mainly by the instrumentality of a body of men who publicly glory in having sold themselves to a party whom they despise!! These inflated patriots stood calmly by whilst selfish philosophers and quacks were preparing for their country an abyss of misery no t t o b e f oun d i n an y Christian land ; they are silent now with the spectacle of thiB misery before their eyes ; and they have been and are silent because they are not representatives Qf the Irish aerable tl eyes of the stitut people, but the slaves of a priesthood and a system which only exist in their plenitude of power and arrogance where the masses, over which they rule, are sunk in ignorance, poverty, and degradation. Twenty years ago it would have been treated by our very liberal statesmen as ungenerous and unjust to insinuate that Roman Catholic members could use the privileges conceded to them for any other pur pose than to promote the interests of the entire community. With what storms of rhetoric he would have been overwhelmed, who had dared to assert that the priesthood, and not the constituencies, of Ireland would dictate the policy and the votes of her members. Yet for twenty years, we are assured by the very wise member for Dublin, we have had an "Irish brigade" sacrificing the industry and capi tal of their country to wring from a weak and truck ling faction concessions to Popery ; and we have now that brigade, at the same bidding, declaring their willingness to plunge Ireland into a scene of bloodshed and rebellion if the Imperial Parliament ventures to compel Popery to be loyal to the throne. This state of things must have an end. If we cannot legislate promptly to repel the insolence of the Pope and his creatures, there are other and more direct modes to get rid, at least, of their pre sence in the country they are insulting and dis- turbing WE are really at a loss to know how any journal, aspiring to be a director of public opinion, or even content to report actual facts, could have been led to promulgate such a statement as the following, which we find in the Manchester Guardian of Satur day, headed " from our Liverpool correspondent." The writer is speaking of last week's panic in the cotton market : " This panic, at all events, is entirely local in its cha racter ; and is produced by no course of adverse trade at home or abroad, but solely by raising cotton to an unnatural price, —and, consequently. it will soon pass over. In 1825, 1836, and 1847, there was vast over trading to India, China, and other places; now the con trary is the fact,— j/ anything, we are almost in the oilier extreme." "Entirely local !" Singular that the same wish to realize cotton, which, pushed to an extreme length last week, might have brought upon the commercial world so many calamities, has been felt not only in Liverpool, but in Manchester, in Lon don, in Glasgow, and even in the United States of America ! This panic has been " produced by no course of adverse trade, at home or abroad." Why, it is notorious that we have had the very state of circumstances during the last twelve months, which the writer says we have not had. With a full trade, our present stock of cotton, admitting an increase of imports to the extent of 100,000 bales, and an increased estimate of the crop in America of 50,000 bales, would have been little enough for onr consumption, and prices of the raw material would not have been found so very "unnatural." But we have not had a full trade. We have thrown away the chief dependence of the manufacturer—. the home market. And now, with respect to the assertion, that we have not been overtrading. Our exports of cotton goods up to April sth, to India, China, and several other leading markets, have been much more than in the corresponding period of last year. The two former markets, it is notorious, have been glutted with our fabrics ; and the returns of sales have been miserable. We have been doing a most un profitable trade with the United States of America. There is scarcely a single foreign market just now which offers a fair prospect of export opera tions. Under all these circumstances, is it a very great wonder that the public, and capitalists espe cially, with the question weekly presenting itself whether the Bank of England is to raise the rate of discounts, should be afraid of holding a raw material, the consumption of which they have a right to suspect has, for the present at least, reached its maximum ? Such apologies as these for a declining trade will not do. They merely serve to throw dust in the eyes of a few weak people, and to stave off the day when the sensible portion of the community will set about placing their affairs upon a more sound and legitimate footing. Mr. J. J. Lowndes, barrister-at-law, will preside at the county court during the present sitting. The Bishop of Chester will consecrate the new Church for the Blind on Sunday next, after which his lordship will preach. A special meeting of the Birkenhead Commissioners was held on Saturday evening. A report of what took place will be found in our advertising columns. The steam-ship Pacific would leave New York on the 10th, and will no doubt arrive early to-morrow. The splendid new screw steam-ship Lafayette would leave Philadelphia for this port on the same day. We understand that the Rev. Henry Carpenter will commence on Sunday evening next, a course of three lectures, on the Errors of the Church of Rome. with spe cial reference to the Bible and Tradition. The lectures will be continued each alternate Sunday evening. TIP- screw steam-ship City of Glasgow arrived out at Philadelphia on the 3d instant, after au excellent passage of only 161 days. She encountered very stormy weather and head-winds during the passage. This vessel was a Ivertised to leave that city on the 15th instant, and had a full compliment of passengers engaged. FREQUENT CommmAt.s.—Yesterday, at the Police court, a m=in, for picking pockets, wes committed to prison for three months, who had previously been simi larly punished no fewer than nine times.—A decently dressed woman, for shoplifting, was committed for three months, who had before endured alike punishment on ten different occasions, besides having been discharged about an equal number of times. We understand that the Mayor of Leeds, and other gentlemen from that town, will visit Liverpool to-morrow to inspect our Town-hall, in order to report to the council of Leeds as to its arrangements and general character. . poration of Leeds contemplate the erection of a erdid new 'Town-hall at a considerable outlay. We the deputation will be entertained at dinner by pitable chief magistrate on Thursday evening. .VATAI. RAILWAY ACCIDENT.—On Saturday afternoon The enr rain from Preston to :Mane , :,ter, on the Lancasbire and Yorkshire Railway, wr.s approaching the Pendleton station, (about a mile and a half from Manchester,) where there is a sharp curve, the engine ran off the line and turned completely over. The stoker was thrown from the engine and killed on the spot, by the engine falling upon him. The driver was dangerously hurt. Fortunately, the carriages remained upon the line. and none of the passengers sustained any injury. THE STIPENDIARY MAGISTItATE.—We wrillerstand that Mr. Mansfield, who formerly was attached to this circuit, has accepted the office, render vacant by the death of Mr. Rushton, at a salary of £lOOO per annum. The learned entleman has been warmly recommended by Barons nd Alderson, and several of the other judges, and we Lave no doubt the appointment will give the greatest satisfaction. It is the intention to have two courts, one of which will be presided over by the honorary magis. Z 031.0 GIC A GA IRDENS.—BA LLET COMPANY.—InacIdi )n to the spectacles and other amusements for the sea- son, which 'have been received with such enthusiastic applause, t he proprietor introduced last night the celebrated ballot company of Mons. Le Clerm. which appeared in a popular semi-scrio belief, cnti;led "Prenez Garde." The success of Ihe piece was unequivocal ; and we learn that the entertainments are in future to he diversified by simi lar performances and light vaudevilles, a license for the purpose having been duly obtained. . . TFIE CORNWALLIS-STREET BATAS.—We understand that on Saturday these baths were crowded by persons anxiou3 to avail themselves of the benefits presented by the institution. Upwards of £2O was taken during the day, and in the evening so choked was every corner of the building by the eager ap; licants that at half past eight it was deemed necessary to close the doors for the night as no more could possibly be accommodated. The rnostlu dicrous devices were resorted to, to procure towels for the bathers. The total receipts forthe week were £74. 9s. 101, and the number of baths were no fewer than 4976. COURT OF PASSAGE.—This court was opened yester day before Charles Crompton, Esq., the learned assessor. The cause list contains one demurrer, and sixty issues. In reference to this court, it appears a practice prevails which operates rather oppressively against gentlemen summoned as jurors. After the jury has been empanelled, those not required for that day, but who have attended their summonses, are detait.ed in courr, much to their annoyance. This practice is the more loudly com plained of, as a course more in accordance with considera tion for the time of tradesmen is observed in the criminal court. SUICIDE BY A SOLDlER.—Yesterday morning 8 private soldier belonging to the 28th regiment of foot, named Thomas Ryan, committed suicide in an eating-home, in Porter-street. A little before midnight, Mrs. Downey, wife of the proprietor of the eating-house, entered the bed room which had been occupied by Ryan on the pre ceding right, alarmed at his non-appearance, when the cause at once appeared by the horrid spectacle of his life less corps e ; which was suspending from one of the bed posts. The body was instantly cut down, and Mr. Stew art, surgeon, of Great Howard-street, called in, but his efforts were ineffectual, the vital spark was extinguished. An inquest will be held on Wednesday. CHORLEY WATER WORKS.—O❑ Tuesday the Liverpool Water Works Company appeared before a committee of the House of Commons, in opposition to the Chorley Water Works Money Bill, with an array of five counsel, witnesses, &c. After hearing objections, the committee stated that the Liverpool company had no locus standi fo r t heir opposition. The counsel on behalf of the Chor ley Water Works Company were not called upon to reply. One ground of objection alleged by the Liverpool com pany was the decrease of population in Chorley, as shown by the late census.-=Preston Chronicle.—[We believe that this decision will seriously interfere with the prospect of the supply of water which Liverpool will obtain from Rivingtosl, as the inhabitants of Chorley have now, we are informed, power to obtain an unlimited quantity be fore a drop can reach this town.] • .Atro_ 4 MR. DUNCAN'S LECTURE YESTERDAY. (CONTINUATION FROM PAGE 3.) to Liverpool there would be a panic here. But suppose, instead of a million ounces of coined sovereigns being ex ported, a million ounces of gold plate, equa in purity to sovereigns, were exported, it would not produce the slightest disturbance in any part of the country. Nay, if we were to pack up all the gold plate belonging to wealthy families in the kingdom, place the articles on board an American steamer for the express purpose of having them sunk on the broad Atlantic, not the slightest disturbance would take place in any of the greet marts of com merce. (Loud applause.) What, then, was the in ference? We were net inconvenienced because we sent away wealth in the shape of gold, but because we sent away our legal tender, we sent away our money. the instrument of exchange. And when we were told—as we were by the Times in 1847—that we were a poor nation, that was why we were suffering. Statisticians tell us that we have in this country six thoussnd millions of wealth, but so many sovereigns do not exist upon the face of the earth. We were told that we were a pauperised nation, and were driven to extremities, simply because we had got rid of a few thousand ounces of gold. This he took to be the most monstrous fallacy that ever was palmed upon an intelligent people ; and how, he might be asked, did he account for its existence ? Simply and solely because the merchants of Liverpool, for instance, and the merchants of all the other ports of the country had not permitted their minds to dwell long enough upon the subject. There was an excellent remark some time ago in the Liverpool Standard. Gentle men it was said were asking whether there would be a good crop of wheat, of cotton, or of sugar; but none of them think of asking whether there will he a good crop of money. (Laughter and applause.) Now, it was a re markable thing that although money was the good half of a bargain, his mercantile audience, who were very astute and shrewd, and who would be offended if they were told that they did not look at both sides of a question, yetlooked at only oneside of this question. There was one mode of illustrating the subject, which he thought must come home to the minds of the gentlemen whom he had the honour to address. lie had frequently corn pared our monied system to an inverted pyramid. When Lord Ripon, formerly Mr. Robinson, was Chancellor of the Exchequer, Mr. Neatham made a calculation, showing, that when the country is prosperous, there are 300 mil lions sterling of bills of exchange and promissory motes constantly floating. Now, this was the credit super structure. On what did it rest? It rested upon the basis of 30 millions of gold; consequently a million of gold sustains 10 millions of credit circulation. Knock away 10 millions of gold, and 100 millions of credit would fall; take away 20 millions, and 200 millions of credit fall ; but if they took away 30 millions of gold, (a misera ble sum, not more than one-half of our annual taxation,) the whole country would be reduced to a state of barter ; there was not a single instrument of exchange by which we could buy or sell.—(Applause.) Now Mr. Jones Loyd was a great authority on these subjects—(laughter), or considered to be so. Unfortunately he had had an influence most pernicious, in the opinion of the most competent merchants, on the determinations of the legis lature ; but in order that his audience might judge of the real merits of that gentleman as a reasoner, lie should just read to them a short extract of the evidence which he gave before the bank committeeinlS4o, and they could then decide for themselves, whether a banker coming to such conclusions was a fit guide to gentlemen extensively en gaged, asthey werein tr..de and commerce. If they said that the answer which he gave to the questions which were put were rational, then lie certainly must say, that the opinion which he entertained of Liverpool wisdom would be much changed. (Laughter.) 11e was asked by the committee:—" Do you think that the internal trade of the country should be regulated and maintained by as steady and equable prices as possible ?" And to this he answered : " The idea of regulating the trade of the country by equable prices, I might say so with proper deference to the committee, seems to me to be nonsense." Now he denies, they would see, that we ought to have equable prices; he thinks that we ought to be in a state of spasm, sometimes very high, sometimes very low; so that our merchants must indulge no hopes of steady busi ness, but become a race of gamblers and speculators. The next question was :7 " By the Committee.—Have you ever considered what would be the effect upon the minds of the industrious classes if their wages fluctuated with the exchanges ; or what would be the feeling of the internal trading community towards the sole bank of issue were their stocks to be subjected to sudden depressions by the sale of foreign stock, or the payment of the instalment of a foreign loan occasioning temporary depressions of exchanges ? Mr. Jones Loyd.—l must admit that I have never reflected upon such topics, because I am quite sure that if I was to make the attempt I should only lead my own intel lect into great confusion, and coins to no satisfactory or useful result either to myself or to the community." Now it was impossible that his intellect could be in greater confusion ; but one thing was certain as a practical result, that although panics had taken place from 1816 to 1819, the great panic of 1825, and the panic of 1837, 1839, and lastly, the panic of 1847,—although these panics, it was well known, had caused in their aggregate, a greater loss of property to the merchants of England, than would pay off the National Debt, yet it was equally certain that Mr. Jones Loyd had been no sufferer during these convulsions. (Hear, hear.) The system had been ex tremely advantageous to him, and when he said that there should be no equality of prices in the markets, it would have been a great advantage if he had told us thnt there should be no inequality in the rate of discounting bills ; (applause) for they had it in 1847, upon the evidence of Mr. William Brown, that the rate of interest not only rose to 9 per cent., but that there was' a commission of 12 and even 20 per cent. given. These were enormous sums, which, of course, no legitimate business could pos sibly stand. Now, what happened in this year of 1847 ? According to Mr. Home, a tolerably good calculator, not less than SCO millions of property was lost to this country. Why lost ? Because four millions of coined sovereigns went over to New York. But they came back imme diately, and it was simply the internal trade of the country which produced the calamity. (Hear, hear.) The lecturer further quoted from the evidence of the go vernor of the Bank of England to shew the scarcity of gold in the coffers at that time, and asked why should the Bank of England stop payment simply because it could not control the demand of gold for its notes ? It was compelled to contract its issues and take the chance of further demands not being made upon it. Yet such was the desperate condition of affairs that on the 25th Octo ber, afteravast number of West India and other houses had failed, the government began to relent. It did not relent till it had seen the sacrifice of some of the oldest and most experienced merchants in the country ; but so soon as the danger was imminent, so soon as the water was rising to the height of the Bank of England, then Lord John Russell and Sir Charles Wood stepped in and suspended the act of parliament which had caused the loss of millions and the ruin of thousands. It was only when the country was exposed to anarchy and revolution that the nefarious bill of Peel's, passed in 1844, was sus pended. The bill of 1844 had gone on smoothly enough until it was tried ;—like a new boiler which looked well, but, so soon as tried by steam, burst, spreading devasta tion around. This bill was looked upon by Peel, and those who followed him, as a grand measure of wisdom ; but in three years it was a failure, and what did government do then ? It did an act unparalleled in baseness. There never was in the history of the world such a usurious bargain between the First Lord of a Treasury and a bank establishment. They said to the Bank of England, " we hold you harm. less against violating the Act of Parliament, but dont lend any money unless you get eight per cent. ; and recol lect eight per cent. is an enormous profit ; we, the govern. ment, shall go shares in the transaction." It should be borne in mind that the Bank of England was simply a joint stock company, and there never was a more disgrace ful compact made. (Applause.) Mr. Duncan next treated of the " convertibility" of hank notes, showing that exchangeable would be a better term, for, if a currency would not exchange for goods, it ceased to be a currency. He and those who thought with him were not such blockheads as to say that they would advocate an inconvertible currency; it was a contradiction of terms ; but they said this, that the note should be converted into gold, not at an arbitrary fixed price, fixed by Act of Parliament.. in defiance of every principle of free trade, but that it should be ex changeable into gold at market price of gold on the day when the exchange took place. (Applause,) Mr. Duncan said he was sorry to detain the company, but he felt that it was not sufficient to point out the defect without shadowing forth a remedy. Ile should be happy if encouraged to go into the question some other day ; but. would now endeavour in a few words to show what he meant by a reformed currency. Our currency now was altogether based on a contradiction. In the first place, by the Act of 1844 the Bank of England was permitted to issue eleven millions of absolute inconvertible paper upon a debt due the Bank of England by the Government. and three millions more upon floating Exchequer bills, making altogether fourteen millions of notes, which might be issued upon the strength of a debt without any metallic basis whatever. Then the country banks were permitted to issue eight millions of inconvertible notes ; then six millions were in like manner granted to the Irish and three to the Scotch banks. These altogether made thirty-one millions of inconvertible paper, without any metallic basis whatever. Then if the Bank of Eng land had ten millions in its cellars, it was permitted to issue notes to that amount ; if it had nine millions, the issue must be contracted accordingly. Thus it would be seen that the major part of the issues are inconvertible, and not upon a metallic basis ; the minor part was ; and was the devoidrefore t em n was beauty in lywoitrsthplersosp,osritnicoensit. Now what did he, and those who though t with him, pro posey and instead of .this? They said the wealth of the country in round numbers was six thousand millions ; it might be seven or eight,—he would not quarrel about that. That was national property, and it was the basis for issuing the representative of value. Mr. Duncan then went on to show that, by a judicious system of paper money, the annual taxation of the country, amounting to fifty millions, could be most efficiently met. He pro posed that when government took a vote for money, they should merely take the privilege of issuing fifty million £1 notes; these would go into circulation, be returned in the shape of taxes, cancelled, and fresh ones sent out. Government, he showed, stood to the country both in the position of a debtor and a creditor. Now, did any one think there was any novelty in this 2 Not at all. They were in the habit of performing the same opera tion every day of their lives, but they were doing it on a minor scale. (Hear, hear.) :What was a postage stamp, but one of these instruments ? (Hear, and applause.) There was not any one who refused to give a sovereign of gold for 240 penny stamps, but they had not in themselves any value. What was the cense cjnenoe The Post=office revenue, which was two mil hoes, might be colieeted in postage stamps ; but if symbolic money of this kind. could raise two millions, why not five, eight, fifty millions. (Applause.) It had been we ll ob servedb y *gentleman whom he saw present in the audience, what s bungling optima it would be if they went by Mr. apolause.) He moved a vote of thanks to Mr. Duncan. Mr. FOSTER (Mann, Foster, and C 0.,) seconded the motion. which was carried by acclamation, and the meet ing broke up. COMMERCIAL AND MONETARY NEWS. Monday Night Our Sharemarket has been declining, with scarcely a rant', all week. London Stock has receded from 129 to 1241, Midlands from 64 to 531, and other stocks in pro portion. The fall:is attributed to cotton disasters, to the scarcity of money, and to sales made by the public from disappointment at the Exhibition traffics. To these causes the effect of several failures both in the London and provincial markets must be added. The prices of to-day are the lowest of the week. We think to-night that some slight indication of a cessation of the decline may he discerned, though no material rise is looked for for a few weeks. We annex this day's quotations : Caledonian, 13& 1; Chester and Holyhead, 211 ; Eastern Counties, 7 ; Old Leeds, 601 591 1; Do. Fifths, 7 1-16 d ; Leeds and Tbirsk, 161 ; London stock, 1241 -,!;; Do. new Quarters, 4 1- 341) ; M'chester Shef and L'ccln, 30 291; Midland, 59 19 8 ; Do. Halves, 15 1d ; North Stafford shire, 7d • North Union A, 241 ; Old Dovers, 26 51 • ; York and North Midland, 24 2 1 Gt. Southern and Western (Irish),.4ol. _ _ _ _ __ _ _ . _ ,• The anticipations which have been indulged in of a large increase of railway traffic, following the opening of the great Exhibition, have thus far not been realised, as will be seen from the following comparison of the returns of 18 of the principal lines likely to derive advantage from it : Return published May 3, „ May 10, „ Alay 17, £209,662 £216,558 £208,067 The middle statement contains only a portion of the week of the opening of the Exhibition ; the first gives a clear week before, and the last a clear week after, during which, on most of the lines, the admission had been reduced to ss. It is becoming an acknowledged fact that the article, flour, in this country is cheaper than the raw material, wheat, of which it is composed. In other words, we can import flour, ready prepared for consumption, at a lower price than we can manufacture it from foreign or home grown grain. We have this fact exemplified in the prices of the two commodities, as given in Mr. Burn's Monthly Colonial Circular for this month. The price of wheat in the last week of April, 1851, was 38s. 7d. per quarter, against 375. 10d. in the same week of 1850. The price of flour, however, in 1851, was 20s. per 19G lbs., against 225. 6d. in April, 1850. The fact is obvious that there is a bonus in favor of the importation of foreign-manu factured flour, and a serious discouragement offered by the present scale of duties to the industry of the British miller. We continue steadily increasing the balance of trade against this country. A return of the imports of grain and flour for the month ended May sth is now before us, of which we give the money value in round numbers, com puted in accordance with the present market prices : Wheat Barley Oats .. Ryc Pease Qrs. -if . 337,754.... 675.000 . 115.502.... 130,000 .100,250 95,000 . 1,899.... 2,300 . 6,324.... 8,000 . 171,120.... 245,000 . 119,755.... 175,000 4 . 1 000.... 1,000 Cwts. . 416,495 245,000 £1,578,196 Pones Lloyd, stick with some sort of seal upon it a penny POPISH TOLERATION TO BRITISH piece into the post-office along with a letter. (Laugh- PROTESTANTISM. ter.) Then they came to the question of the money of commerce: - With the money of commerce the govern- 1 During the last week it has transpired that one of the ment had no right to interfere whatever. (Loud stipulations, exacted by Pope Pius the 9th, in his con applause.) Mr. Duncan lucidly enforced this position, cordat with Spain, is, that the exercise of worship, accord and said, that he and those who thought with him I ing to the forms and tenets of the Protestant religion, is wanted to make banks more secure than they had not to be tolerated in that country. We have now before ever been made by any bullionist. They proposed that lus another instance of the bigotry and persecuting spirit parties wishing to establish a hank should offer securities which animates the present occupant of the Papal See. to government, with a power of sale, and then be per- In Florence we have residing a considerable population of mitted to issue notes to one-half or two-thirds of the English families, resorting there in search of health, or to amount of the property so deposited. (Applause.) Was repair delapidated fortunes. As a concession to the reli not this much better than the present system ; for now gious opinions of this population, said now to amount to we clid not know whether a banking concern was solvent 12,000 persons in Florence, with an additional number in or not. In case of disaster through bad management, it Pisa and other towns of Tuscany, the government of that was clear that the holders of the notes of a bank so con- province, in IS3S, permitted the opening of a Protestant stituted would have 20s. in the pound available at the chapel. Since that year no hindrance has been offered Treasury. (Applause.) Mr. Duncan concluded by to the ministrations and services performed there ; but, showing, that if the question was to be decided on the 9th of January last, a letter was addressed by the by the authority of names, there were only two who Duke de Casigliano to the British Charge d'affaires, could be quoted in favour of the present state of stating that information had been received by the Tuscan things—that was Mr. Jones Lloyd and Sir Robert government, that they " had been informed that in the Peel ; while, on the other hand, he could quote Anglican chapel, in the Via del Maglio, all those who 150 names of eminent men in ancient and modern times chose to take part, in the service are freely admitted, and who had been in favour of a symbolic currency. He it is even known that the custom of praying and catechis quoted from several historians to show that the dissolu- ing, in the Italian language, has been introduced there. tion of the Roman empire was caused by metallic money. Many Catholics, Tuscan subjects, imbibe there pinciples and dependence upon foreigners for a supply of food, and and sentiments contrary to the dominant religion, and almost all the ancient as well as modern anthorities, inclu- publicly propagate the same !" ding Adam Smith, had condemned metallic money in the Suppose it were so. It would only show the weak hold strongest terms. which Rome has upon her dupes, when the mere f ac t o f _ _ _ The lecture was listened throughout with great atten- the doctrines of christianity being preached in a language tion, and portions of it, especially the references of the understood by the people excites her fears. That she lecturer to past monetary crises, were warmly applauded. does entertain such fears is plain from the declaration of The suggestion as to giving free liberty of import to the Duke de Casigliano, that the Tuscan government is articles of produce, not raised in this country, deeply sensible of the duty of not tolerating such an was also most favourably received. Considering, indeed, abuse (0 and of opposing a state of things which, corn the peculiar position of the market for our leading: raw bined with other efforts made, of the same character and materials, and the cares which it was calculated to excite with the same object, would infallibly lead to the weak in the minds of the frequenters of our Exchange, the I ening of the Catholic religion in Tuscany. . . attendance was much more numerous and influential than The - practices in question are denied. They are invented could have been anticipated. At the conclusion of the as mere pretexts for intolerance. And yet this is done at lecture, after Mr. Duncan had expressed his readiness, if a time when Rome is clamouring and whining alternately an opportunity offered, to go more into details as to his for an increased status in every Protestant country. The plans than time had allowed him, British residents in Florence and other beggarly Italian Mr. TORR, of the firm of Messrs. Littledale and Co., cities would do wisely to leave localities where they are rose to move a vote of thanks to Mr. Duncan. He said alternately fleeced and bullied ; and live in contented state he was sure they would agree with him that they had all in their own Protestant land, under the shelter of their been informed upon a subject on which they wanted in- own free institutions. formation ; and that they were greatly obliged to Mr. Duncan for giving them the lecture. AN, he thought, On Saturday at noon, the British and North American would agree that they had heard facts, and having done Royal Mail steam-ship Canada, Captain Harrison, left so, he trusted they would use their best exertions to rid i the Mersey for Halifax and Boston, with upwards of sixty themselves of the iron chain which now fettered passengers (considered a large number for this route), and and rendered hazardous commercial operations. (Loud a mod era t e cargo o f merchandise. DREADFUL FIRE AND Loss OF LIFE.—On Sunday morning, about two o'clock, a fire broke out in the Rose and Crown Tnn, Love-lane, Eastcheap, London, by which the premises were destroyed. Soon after the alarm was given several parties presented themselves at the front windows calling loudly for help, but ere assistance could be rendered a body of flames burst from the lower windows, and nothing further was seen or heard of the unfortunate creatures. When the fire was subdued the ruins were searched, and the bodies of four persons were discovered— three in the attics and one on the second floor, all shockingly disfigured. The parties deceased are the pro prietor of the house, his mother-in-law, the potman, and a lodger. The servant girl was seriously injured. JEWELS AT THE GREAT EXHIBITION.—The " Moun tain of Light" we have already noticed. In addition to this, we may observe that the East India Company have now the Durria-i-Noor, or " Sea of Light," a diamond set as an armlet, with ten smaller stones around it ; a necklace of 224 pearls, and a shorter one of 104 smaller pearls ; a necklace of four large rubies, a pair of emerald armlets, a carved emerald and diamond turban ornament, an eme rald and diamond bridle and martingale, a gold mounted saddle, set with diamonds, emeralds, and rubies ; a mag nificent brocaded robe, richly decorated with pearls; and an emerald girdle, the stones in which are of immense size, and most of these of very fine quality. THE NATIONAL SOCIETY'S MEETING.—A resolution favourable to the Committee of Council having been announced by Mr. Girdiestone, Mr. Denison has given notice of the following amendment upon it :—" That this meeting deeplyregret that her Majesty's Government con tinue to disallow the equitable claim of members of the Church of England—as set forth in the resolution of the annual meeting of this Society, June 6, 1849—that founders of Church Schools, who see fit " to place the management of their schools solely in the clergyman of the parish and the bishop of the diocese," should not, on that account, be excluded from state assistance towards the building of their schools. GAS FOR HEATING. —An interesting addition has been made to the curiosities of the Royal Polytechnic Institu tion, London, in the shape of an extensive apparatus for illustrating the applicability of gas to culinary and heating purposes. The apparatus has been supplied by the Gas fitters' Association, and the chamber in which it is con tained was opened to private inspection on Wednesday. One of the principal objects is to show that gas may easily be made the means of cooking a sumptuous banquet or the simplest bachelor's dinner. Baths, too, may be heated by gas both in the most expeditious and most eco nomical manner. As an instance, 45 gallons of water can he heated in about six minutes at the trifling cost for gas of IW. In fact there is no process requiring artificial heat to which gas has not been made applicable. A FEW GEMS AT TnnExu IDITION—The works in chased silver are of great variety. We may instance one or two pieces, the subjects of which are from the story of " Paul and Virginia," and there are others on subjects martial and equestrian. There are two " Goodwood Cups" exhibited, which attract great attention, the one representing the Con test for the Banner; theother, Old English Equestrianism. There are also two Elizabethan pieces, representing the Queen mounted on horseback, with all the profusely de corated trappings, and rich parade of that period ; and a piece having for its subject a Mexican throwing a " lasso" over a wild horse. Here also we have the more delicate department of jewellery and works in hair. These bring us to the fittings and furniture of a bedstead, composed entirely of needlework. The tester has for its subject the " Night " of Thorswalsden. It is worked in light colours, and accompanied with decorations in which are combined the forms and hues of no less than 51 different flowers ; and visitors are informed that it comprises 1,600,000 separate stitches. The valances and other por tions of the furniture are worked in a similar style. ANCIENT ARMOUR.—A private view was on Saturday afforded to a number of persons interested in such things of a very splendid and extensive collection of ancient armour and warlike weapons of the middle ages, in the front of the gallery of Saville-house, Leicester-square, London. The armour, which consists of three suits of horse armour and upwards of 100 suits of tilting and in fantry armour, together with rapiers, daggers, partisans, halberds, axes, &c., contains very rare specimens of hel mets, and some weapons of a very peculiar construction. The greatest portion of the suits is of German manufacture, of the Isth and 16th centuries, and is exceedingly rich. Some specimens are much earlier. Many of the swords are real Toledos, and some of the helmets Italian and Venetian. They are arranged with skill and taste, clay figures being employed. The collection was formerly in the armoury of the Emperor Maximilian, whose tilting suit is remark ably fine. There is also a curious suit worn by the dwarf of the Emperor. This collection illustrates the history of the warlike days; of two or:three centuries ago, and is well worth the visits of the antiquary and the man of historical research. FOREIGN VISITORS TO THE EXHIBITION.—On Friday, Mr. Mason, a Spanish merchant of the City, appeared before the sitting magistrate, at Guildhall, London, in company with several Spanish gentlemen, to ask his advice and assistance in enforcing a contract which the complainants had made with a company in Madrid to bring them to London to see the Great Exhibition, pro viding them with board, lodging, and other necessaries, a carriage, and defraying the expenses of their various visits, and,after staying ten days in London, to take diem back to Madrid by way of Paris, remaining there eight days, and treating them to all the entertainments in London. ''he charge was £5O per head. The contract stated that the accommodation should be of the best description, and that a box at the Opera should be engaged for their use. They complained that the contract was being broken in various ways—chiefly by putting them into the gallery of the Opera, instead of the boxes • not providing the carriage until 12 o'clock at noon, when the day was half gone. They had no complaint on the score of board and lodging, being comfortably provided for in a boarding house in Woburn-place; but they were afraid the Spanish Company with whom they had contracted were about to abandon their contract altogether.—Alderman Salomons said, that as it was a foreign contract, he had no juris diction over the case.—Mr. Mason then retired. THE PRESENT " PROSPEROUS" STATE OF LONDON UNDER FREE TRADE.—The most remarkable and unex pected result of the Great Exhibition has been in the very limited number of visitors to the metropolis since its opening. So far from any difficulty being experienced in providing accommodation for the shoals of strangers who were to have poured into London this month by land and sea, the hotel and lodging-house keepers complain that the establishments were never so empty at this pe riod of the year. In the West-end and the streets run ning off the Strand the lodging bills in the windows of every house are so many evidences of their vacant state. Hundreds of persons, who have laid out large sums of money in fitting up and furnishing houses for the recep tion of lodgers, find now that their speculation is likely to prove the reverse of profitable. A person who, we un derstand, opened a boarding and lodging-house, capable of accommodating upwards of 100 guests, had one solitary inmate during the first week of the Exhibition. But these accounts of the stagnation of business are not con fined to the hotel and lodging-houses ; there has been a serious diminution in the passenger traffic on the rail roads, and every branch of trade in the metropolis has suf fered an extraordinary depression. The tradespeople and shopkeepers at the West-end complain loudly of business being at a complete standstill ; the places of public amuse mentthey l e i a r v e e e v b e e n e n worsene nearly l off, y d f e o s r e r t w e i d t h f o v r e r s y mn few e w e e x e c k e s p t p i o a n s t s The Crystal Palace will be the sole attraction, and, like a huge Maelstrom, it will swallow up the time, money, and attention, not only of all strangers, but of the great mass of inhabitants of the metropolis for months to come. From £2,000 to £3,000 have been daily taken at its doors during the past week, yet we do not exaggerate when we say that millions of the middle and lower classes at home and abroad, have deferred visiting the exhibition until the price of admission be reduced to ls. Cheap trains will bring up thousands and thousands of industrious opera tives from every part of England, but these are not the people who can afford to spend money freely ; their ex penses will necessarily be regulated upon the most econo mical scale, and their outgoings will scarcely compensate for the loss which the departure of the wealthy and fa shionable visitors will occasion. On the whole, therefore, we cannot but lament the severe loss which London must sustain fram an event which it was calculated would direct an increased stream of wealth into the usual chan nels of Made and industry.—Slinday that Doctor Cahill has added either the matter or the THE LIVERPOOL STANDARD. Beans Maize Buck Wheat Beer or Bigg Wheat Meal or Flour Barley Meal Oatmeal Pea Meal Indian Meal A million and a-half in a month ! Will any'of our po litical economists tell us how this large import is to be paid for ? A million and a-half of imports of grain and flour in a month ! and this with prices more than 109. per quarter below what free traders assured us would be the ruling price ! We firmly believe that not one of these very wise people have the slightest notion as to what is the lowest price at which we shall be supplied with grain from the superfluity of other nations. In the meantime we would remind them that such supplies are being paid for in gold money, or Bank of England notes. which are the same thing ultimately. A necessity is being created for from ten to fifteen millions of additional exports; and where these are to be sent to, with the slightest hope of a profitable return, it would puzzle most people to tell. In the absence of an increased export demand for our goods. we shall be driven upon a monetary crisis, for which let all sensible and prudent men prepare themselves ! By private advices from New York, by the last packet, we are led to anticipate a further reduction in the price of breadstuffs in this country as the result of large coming shipments of flour from Canada and the United States. For some months past our supplies from these countries have been on a reduced scale. The large stocks, however, now pressing down to the ports are far in excess of any demand which can arise for them, except from Europe; and as the result, the price of flour in Arrerica is expected, in a very short time, to be -84 per barrel, if it is not even tower. There is still an evident absence of that confidence which is so essential to the carrying on of commerce, — and we have to report another quiet week. Whether this arises from the want of a strong government, or the grow ing convictions of the untenable position of our present free-trade policy, it is difficult to say ; but we feel very sure that we shall have little improvement to record till such time as both these momentous subjects are adjusted. On Saturday, there were 100 hhds. Barbados sugar sold at 37e. to 425. Gd., and 1000 bags Bengal at full rates. To day, a further quantity of 140 hhds. Barbados have been disposed of, at rather lower rates, —ruling from 355. 9d. 395. 9d. 250 casl's of West India molasses have also been taken, at 16s. 3d. for Barbados, and 16s. Gd. for Antigua, ex ship. The desire to sell in the early part of last week on the part of holders of cotton was very general, and prices declined Id. per lb. On Wednesday, however, the trade made their appearance, and bought freely, which relieved the market, and it closed on Friday noon at a decline of d. per r lb. on i n t g b e u p p re previous Friday's On prices ,Fridayt e sales Booo of ew ee only mksu m bales were sold, but on Saturday there were few buyers, and the sales only reached 3000 bales, at a decline of ; Id. per lb. The Asia, steamer, arrived late on Saturday night, from New York. By her advices the receipts had again increased some 15,000 bales, but they report bad weither and frost in the south, and prices had rallied some little. This news was expected to cause a rally in this market, and this morning it opened with very great firmness, many parties withdrawing their cotton, and sales, in some instances, were effected at rather higher prices, but the improved tone was soon lost, parties gene rally being hard of belief. The Pacific is looked for to-morrow, and till her arrival there will be little done. The present crop is now generally settled at 2,300,000 bales. The following are the movements of the present and two preceding cotton crops, as made up in New York 7th May, being the thirty-third week of each season :- 18 51--Receipts, 2,061,870 bales ; exported to Great Bri tain, 958,282 bales ; stocks, 483,185 bales ; loading for Great Britain, 75 vessels. 1850—Receipts, 1,832,528 hales; exported to Great Britain. 692,994 bales; stocks, 504,401 bales ; loading for Great Britain, 75 vessels. 184 9—Receipts, 2,437,768 bales ; exported to Great Bri tain, 1.164,410 hales: stocks, 537,749 bales; loading for Great Britain, 115 vessels. NEW CONVENT AND AIASS HOUSES.—A new " Con vent of the Infant Jesus" is about to be established at Northampton, and two new mass houses have been " con secrated" by Dr. Wiseman, " with great pomp and ceremony," at Islington and Clapham. Loan STANLEY'S DINNER PARTY.—On Saturday evening Lord Stanley entertained a select party at dinner, at his mansion, St. James's-square. The guests were Lord March, Lord Chesttrfield, Lord Besborough, Lord Witten, Lord blasgow, Lord Airlie, Lord Clifden, Lord George Manners, Colonel Anson, Colonel Peel , Sir David Baird, &c. Nay 20, ISSi; LITERARY AND PHILOSOPHICAL SOCIETY. The fourteenth and l a st or di n ary meeting e v es, of the bets of this society was h e ld a t th e usual place la st J. B. Yates, Esq., in the chair. Re' Before the business of the meeting commence d the 0 Dr. HumE entered into a very extended explanatioatilie refutation of the observations made by Dr. Inman at lost preceding meeting relati ve t o th e a lleged charges ft ; / 411 the officers of the society contained in a peinPhl et re ( c i pamphlet published by the form er gen tl eman . He rep sheo his object in writing the pamphlet referred to wog ° b olsi that the society suffe re d f rom th e narro wness of its 10 and indicated some similar societies in other te „b e it whose high standing was in part to be traced to ;l o b peculiar organisation, one important feature of w o u c ii, was the equal bal ance o f th e mem bers of e °ll who were chosen to act in sectional departments. „a contended that Dr. Inman's assertion that th is 1:10 been done in their society was incorrect; li t e : .• 0 11 denied that the number of papers on natural uld e d as stated to have been read was correct, and p re ttori to place nearly the whole of those papers in any ca — od rather than that which had been assiffned to tbec;. - s e then as for the members of council constituting te; (0 0 called department of natural history, heagaindissen te "„s td Dr. Inman, on the ground that they had no pretel s l."o l the important positions assigned to them—none , uti 'ing. occupying the position of professors or teachers na y ' ile right to act asre presentative: of any particular sci s oy directed attention to th e o b nox i ous paragra ph in his fats phlet, as quoted by Dr. Inman, to shew that hisaccuser t both mistaken in his (Dr. H.'s) meaning, and inc °r i , re a e f ill his interpretation. H e com pl a i ne d o f th e attack " a nd been made on him during his absene, e ',„ concluded by challenging his opponents to rereZct. portion of what he h a d g i ven u tt erance t o on the eg"iPA Dr. INMAN b r i e fly rep li e d . H e sa id h e should le he ' his character in th e h an d s o f t h e soc i ety, to w hoei t: thought he was pretty w e ll k nown w i t h reference to . charge of want of courtesy on hi s par t, i n net apprised Dr. Hume of his intention to ice Pu g -d observations made in his p am phl e t. He retort ° t is bringing a similar charge against his oPPen i ell i a led theto r rebut e t r h s e o charge h t a h r e g having printed the objectionable remarks , `" - e deff to, without having apprised the society. fie p r°6l- t. bf been distinctly made. With respect to wliet,„ p re be considered to be natural history, there trig"' that, s e o o c f ie twyr whicho f attentioncharg charge h e t to o theirnte ntdreuasilliti a difference of opinion, but he contende d the element of natural history was much gre ete u r ilo. their society than the element of either literature or Pi o , sophy. These remarks formed the substance of M A ' 1 3 10 man's justification ; a ft er w hi c h , D r. B e h re nd re paper, which formed the business of the evening. The Duke of Portland has made a return of 35 Per to his numerous tenantry in Northumberland. g CO IV It is now confidently stated that the Pope "a demned the Queen's College in Ireland. o of On Thursday a sple n did fi rs t- c l ass E as t indfs,n l 7,4 o o 'g. 1200 tons, called the Cly mene , was l aunc h e d a t Vi er- pdt ton. She is the largest vessel ever built in Cumbe ria and will sail from this Dort about the middle of J u nit' A toasting fork maker i n h um bl e c i rcums t a nces, c ost mingham, is the fortunate holder of a picture whi c `;r e rea him little more th an £5. H e h as a l rea d y b e en e' £lOOO for it, but its value is estimated at £l5OO. vrOt A series of resolutions against the Papal Aggressiondig, bc c u a y r os r as i in e om d nFt: i rj n iobdre t ait l ty i wy e leoa S esrn y t2 n aD7 o n d tro. , i na3qt.B Cooke,el Belfast, s a t n , d oneafter a o very w o s t o ra l . e ag b e r s, West Kent, on view of a ue b s o t d , i s tol l ,' y wa w s h d pr a o t ve i d i High t a l i da t o o r : Mr. Todd, a barrister, who was accidentally drown e the Easter Sunday, whilst cruising with some -friends in Thames, below Gravesend. I'o 4 ' Capt. Somerset, w h o i s now i n th e H ouse o f C O OO , tion for assaulting a poli ceman , i s v i s it e d d a ily blr 110 bers of the nobility and members of parliameni'„a so wears the prison dress, s u b s i s t s on t h e pr i son diet,?" fares in that respect as any other inmate of the gse l ' e es C On Saturday a splendid d emons t ra ti on t oo k P lB 6. F. Cambridge, on the occasion of the presentation to, to for Young, Esq., of a r equ i s iti on t o b ecome a ca ndid: the representation of th a t coun t y , a t th e a pPre,"; o general election. G rea t en th us i asm prevailed, anuichife evening a grand banquet was served up at the LiThe on Hotel. lessees of the Caledonian and Dumbartotiliseliviel Rail:vay have applied to the shareholders to be r i e ,, ren t from their contract, offering £BOO in addition to t a ni - pt of up to the 15th instant, and to hand over to the e 0 al W ig the extra plant, valued at about £240. The prePl' o ps been accepted, the lessees stating that their re%i n g up asking for the concession originated in their ea:lnaction with the West 1 - Fghland trade. qua rter TITHE REDEMPTION TRUST.—At the last efr nor te. meeting of the Tithe Redemption Trust, it was re p sing that 25 cases of alienation of parochial tithes were Pr d for consideration, and several fresh applications 1 1, ru st i 5 received. By a statement recently issued by the c oy appears that, according to the return of the Titll tit heo missioners, in May, 1848, the a n nua l amount e,'„,, g od; then commuted in the hands oflaymen was X73 1,5° ' gs eeSi belonging to c le r i ca l cor p ora tions and their le hog, £650,216 Bs. 4d. ; to schools, colleges, and ~id.; pitals, and to their lessees, £187,519 s s . * - tii ° total, £1,569 271 3s. 71d. Attention is called to t ot recommendation of Lord Harrowby's commission , ,,,o9 the leases of the tith es b e l ong i ng t o c l er i ca l corp orso;of should be suffered to expire, so as to bring the 60,10 capitular bodies within the operation of th e 3d and gad Vic., c. 113, by which due provision is required te s t ae, by the Ecclesiastical Co mm i ss i oners, out o f su ch - for the spiritual wants of the parish. Court BREACH OF ua PROMISE OF MARRIAGE.—In the - o ser Queen's Bench, on Wednesday, a breach of prom s 0 " Cutting V. Le Blan c ," was h ear d. The plaint',3,o year young woman, the daughter of a f arm er, who inliffoo 1839 was residing at T oo ti ng ; a t th a t ti me the plem., or 17 years of age, and the d e f en d an t, w h o is a large practice, then became acquainted with her, if eep err duced her to come and lire w ith hi m as his houSe" i d saying that at that time, f or f am il y reason s, he c°u live d marry her, but that he wo u ld d o so ultimately. slue with him until the rear 1847, when he succeeded i n A te)°, ing her, and in 1848 she was delivered of a child. 4,0 0 " time the plaintiff had many letters, in which the de'dsar had promised to marry her ; but the defendant %L eta' ceeded in obtaining possession of them, destrol e 'doo r* and in 1850 turned the plaintiff and her child out ol . , 0 0! 1 : without a pen n y i n th e wor ld, i n th e mos t h e artleP th tril; ner. After th e case h a d p rocee d e d a cer t a in lel . 0 defendant's counsel consented t o a ver di c t for £P sic' the Humphrey accepted this sum. L or d C a mpbell i s ooll defendant should have done so l ong ago, an never have allowed the case to come into court. j„,tl t P; FALL OF A NEW BUILDING, DREADFUL LOSS C" . 1 c 0% —On Saturday mornin g , a bo u t a quar t er b e fore 1 10 0 J the inhabitants of Gracechurch-street, London , 5 ,09; vicinity were dreadfully alarmed by a most sudd e ? ro oo os g similar to a peal of thunder, accompanied by se r it ° cloud of dust. As soon as the atmospheie got clearoeti, ascertained. from the cries and groans of the w ib ° r 0 0 .; that the iron roof of a new building intended , o detr g mercial chambers had fallen in, burying beneath f", 0 pr e ' to b ell a number of workmen who were employed °_, n bs ire mises. The premises were very extensive, anuTbere gel' in course of erection for about nine months. iron to be about 140 apartments. It is supposed a some 1",11 der, crossing one of the staircases, broke &M l tbrOlit perceptible defect, and by its falling weight broke. bul l th wall towards the court' 0 0 t e ot flhaaonto as stbeer itnn l al ,n the dp riwirzohendi which o v i e n r t asuocfc consequentlyw ss h i eehi drew r ee b aw e c T i o g yl tO s ti bo i of with it a part of the e xternal nre s number of persons killed was six, 50 far as e e" long,ascertained. a one T o w r o t w o o tl m i e r o s re a , re i t n i s o t fe e a x r p e e d c , te are d t s o t i s l u l r ti v a i v d r 11:, rui t s lNCE ALBERT'S MODEL HOUSE FOR FOUR. hai iv : le AT HYDE - PARK.—In its general arrangement, the b t he ing is adapted for the occupation of four families ° o ff manufacturing and mechanical operatives, svh°,l°s the reside in towns or their immediate vicinity; ans. 1 "L" value of land, which leads to the economising of sPa oot , r f° the placing of more than one family under the en o in some cases, renders the addition of a third, and ev och. fi t s fourth, story desirable, the plan has been suited to s q uisl t arrangement without any other alteration than the r e to ille f e i j increase in the strength of the walls. The most prootectoe peculiarity of the design is that of the receding and Pr oribbtet central open staircase, with the connecting gs"!' r i c es,'" o o first floor, formed of slate, and sheltered from t h e sein e by the continuation of the main roof, which 0 0 0 0 7 r , the entrance to the dwellings. The four tenelcli tof arranged on precisely the same plan—two on `a l ell'be As the peculiarities of the building aro the exchl;tii4 the hollow bricks for the walls and partitions (exc e ,r 50'6 foundations, which are of ordinary brick worl ( t,/ 001, ,01 entire absence of timber in the floors and r00G.1. 0 4 formed with flat arches of hollow brickwork, 1. 1 v 9. 1 . / - ro u l l i , 4 s° eight to nine inches, set in cement, and tied bieP t to, iron rods, connected with cast iron springers , " 0 0 ' 4 11 0° on the external walls, and bind the whole s n ot, " d c' together; the building is thus rendered fireP r- n otr,lo, much less liable to decay than those of ordinary co ve tion. The roof arching, which is levelled with, "" s ecSi. and covered with patent metallic lava, effectual l y the upper rooms from the liability to changes 13 ' 0 0 10 ature to which apartments next the roof are 4 of f and t u o a ft b l era ) , percolationsubject, effectually moisture so common throUg! ti transmission of sound as we' 0 01 1 ;0 floors, floors.—Builder. , Cs 04, MARRIED. -011 Sunday last, at St. John's II o i i m t peded by the hollow 1 1c: tcP liC Chapel, Latham, Mr. Frederick Morton Jones,fc st i tor, Huddersfield, to Elizabeth, daughter of 3 " . r. Sharrock, of Scarisbrick. LIVERPOOL: TUESDAY, MAY 20, 1 01 ' olts PRINTED AND PUBLISHED EVERY 'WEST/A - t al r eez , $0 1 By JOSHUA FLETCHER LACE, of 53, Grov es „ r eet , ' 4 LEONARD ADDISON, of 14, Great Orford-6' ot ,, oo li g No. 4. ST. GEORGE'S CRESCENT. LIVOgP . Ne t •I4. Orders for Advertisements received by lUessra• ins et 10 4 , Co., Warwick-square ; Barker and White' es P"pltl i ? Deacon, Walbrook ; Reynel I,Ch ancery-lane ; Birchin-lane ; Joseph Thomas, 1, Finch-lane ,Co d ft Ca ei den Hammond, 27, Lombard-street; court, Fleet-street; Lewis and Lowe, 3, Castle4ciOqviff, hill; at the London Commercial Coffee-house, lkn t er re N at the Jerusalem Coffee-house_, Cornhill; ChWaS. g .lre, house, Paternoster-row; North and South ArnegsViosio. house, Threadneedle-street Parsons, 99,A;;iip ‘0 ,00, 0 f London ; Johnston and Co., Eden Quay, '-'u bee Exchange-street, and C. H. Lewis, Market-aqers 1) ter; Haddock, and J. and W. Booth, Bookse,l ' A n rro• ton; Clarke, Pilot-office, Preston; and and Herald-office, Birmingham ; Harthill rum 01_5 Prince's-square, Buchanaa-street, Glasgovv• t; BIRKENHEAD: TonnuNTEit, Chester-stree.o.pt PINKNEY, Argyle-street; Osaororz, Chea t° GRIFFITH, Hamilton-street. 0/4. ANNUAL SUBSCRIPTI-- ADVANCE• tat a t 203, lON