The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1848-06-27 00:00:00

TO CORRESPONDENTS. To a correspondent in Great Howard-street, we say "Yes," if the document be drawn up with any degree of propriety. The-official report of the yield of water from the wells of the }ate Harrington Company gives the quantity as 2,870,887 per diem. To this is to be added the Green Lane Works 1,406,531 gallons, and the Bootle, say 1,200,000 gal lans.making in the aggregate from our present resources 5,477,318 gallons daily. It is true that we are promised 16.000,000 gallons from Rivington, and are threatened with the formation of a company to construct the works, and take the matter up, if we neglect to do so; but a correspondent suggests that, in the event of such being the result, the Writer Committee should contract with the company for the supply of the quantity promised, and then the ratepayers of Liverpool need not fear. The question is, however, now fairly before the public, and it is well for our readers to be informed on the various points connected with it, as we have reason to believe they will be called on to pronounce their opinion respecting it at a town's meeitng shortly. Tie have forwarded the statement relative to the proceedings going on amongst the Liverpool repeal faction to the mayor. Etbtrpool &tanbarl3. TUESDAY MORNING, JUNE 27, 1848. THERE is a retributive tendency in our free trade which modern legislators do not seem to have sufficiently recognized. In dealing with Bri tibh and native interests throughout our vast colo nial empire—in inflicting upon colonial enterprise and industry heavy blows and great discourage znents—they have not adequately weighed the fact, that every such blow must inevitably recoil upon home industry; that every article of colonial growth and manufacture which we shut out from our markets, deprives us of customers to the amount of the produce so excluded. Countries which have nothing which they can profitably remit, must speedily cease to purchase. It is a universal rule ; and it is especially the case with those countries, such w as our East and West Indian possessions, whose populations can without difficulty fall back into the position which they occupied before the spread of civilization imparted to them new wants, new habits, new tastes for the consumption of ma nufactured articles, and new incentives to convert to advantage the resources of their soil and their climate, or the products which nature has placed within their reach. . We propose to show this fact as exemplified in the effect of our policy, for the last fourteen years, towards our East Indian empire. In 1836 we created a trade in sugar between Great Britain and the East Indies; other sources of wealth were in the course of rapid developement; and we beg the reader's attention to the progressive increase which has taken place in the imports of British manufac tures into the port of Calcutta, step by step with the increased exports of sugar and other produce from the same port to this country, as exhibited in the following table, which we have gathered from an official source : •-I CO CO CC CO ,X) CO 00 CO CO 00 CO (X) CO I ''' S .F• IA 4.. of. rP. 4. p... CA C. 4 CA CA CA CA CD 4 CI - o cl co .P. ca co .--. co to co -.4 on co .4. 4 1...4. .4. .4 .1,- ~- :0, ~- 4.,, 4,, 44 4, , 4 ,, P U' ..„. c- , , co .4,„ c..., ~..D p „ . c, 4, co -.., c,, co 5 cs' ,1, - . 4,- --- ..r- c.,, c,, c.,, --- . 5...,10 t.. to .- .-. g. 74 der IND 7- , 00 7;. 7 :010 .--1 o'. . :0 iND 0114 .I. C., 0, ~ 0 Co 0, ri 4 ' . :74 ° ....i. ICO CP Co 00 0 . N.. 0 0 ....1 ty., ~.... ~, 0- C.-' ...0 ' 0. - i - 0..0 . 40 10 -.11,0 • " 004.. 174 , 0 .....1 ND 0., .1. -. 0 4... Ca., 1.14..1,. F 1 0 0 p.:. to ~.., ~.o t. oi ,-.; .F. CO IND 0 .--, ...4 .-O l'i S . W. W. . .0 so co co ca .coco . . ia co oo to co ••or . ,-.., ~.. . cr, . -.1 tf, so u , o •-•, 7:ot - co lo " co • Col.-. • " e • • 4z:iv 0 a 8 e.. 40 CO CO C. 7. tso CA CA .-. CO 0 0 CA 00 0 0 0 C/D . C : . ' g . 5 7A i... .. , ..0 1 0 ...1 .. = 40 - .4 " oc , 414 co o, c, to .4. 4...., to •ococo oo a ,_,.. rz. tz e, >a co.. a) 0) ca c) so co • .....4 c ,,, co h g i CD ° " , • 0 ' ~., 0 ~.4. e-. 0 - ;A:co a, " c , Co ;.o iso " ao • ca - al c:. 7- , 5' s P. a. co co -.4 cl c: , - • ~-.. CZ CJ' C 4 OZ4 P o P. CO Cz t 0 CO ••••1 C . : ' ,.> ' GA OD ...-1 00 00 .-et = H 1 0 .... , 4' 0 0 ... PD tt ~.., B . K.. ND N, . . . ••••/ I- , 4. , g w 142 „ " • s: I,D •-40> • • • CO Ca 1 , D1.0 i g 2 FL 0000 cn cr) so co co so ot bo no to 0 ,-. 'V 0 C 0 -1 0. CA 0 0 1.-. CA , T . 1-3 to t\D -.44:-.114 010 - ooco 0..7- , • ..;.g g, 0 .- ...1 0 11.• CO COW .--, 0 ~.- CO CO C. ,-,.. CD-. <0 c 0 Cz .-. :0 ••••1 4. C 4 C. Cc Ca 4. U 2 .4 17: ) '3 . ~ .1 C. P, . e i: 5 4:.• V. g; 5 . 4rp I'' w ° r, o •-4 ~., 0> •••4 - C. 0 a ...... i-. 0 5 c CO 2 8 - .........- r- F ., -,, .:,. ,_, z Fco a .0> 0 ~- -, .6 -- m--, c 4 -co =-31 , ~....- 0 ,0 =CA 01 •-• C/1 'l 4. 9 ' ,D" l om =ll‘ ,o ,o 4 ...,, ca . , B ti o ci :!... o ~,, a - . 1 ? ., •,..6 o• • n 0 - ....,,p F . , .. -, - g " E 2 g zir :'. ; 7:' , 4. ",-`-. et, 0 IV P.. ` A ri ' :''- o /4 '1- ' ,t rro - rD ''' . 0 cs.. 0 0 e -, o 1:2 Es LI ', = :* C A D FL cc. .---• 4 ' • s' lZ 7q Si F.l 23 .. • 2 c r t -,a - --- = 21' Po coo ,-,. ?. 3 co 5 ..... to . •6 en re Q. 0. ..., ....1 c - . A. cr . 0 r 3 .1.. a e l. B• , . ' rj Et C 4 tt 4 c. , , 0 ig A .--. OV. yi ;.? C. r;- g P c 0 0 a -- ' w.-... ., 0 o2 - Arc° 2ri 5P l' ° = er 0. as (-) to • = co 0 •,::$ 0 : - .5,-1n2,-,.., ,:6 0 .0 _1:21 - o- = 4 0 o • •I t -, 0.. ri. 0 0 t e — 0 Z..• 0 "' 0 7 4 ,'-'• C . ) .-,' ge.' a. .41 Fr .g.... 52 .:,_ _ 2 ,- 7 ., ;:i , ,-.,.!, ~. 0 11, ' 'Fa' i'-' g - 2 71 * ''' ,-.• = , 1-1 1:: cm 0 it. 4 "..T. 7:4 tt,'. 7 `PP P r 5 . S S ' cl.. ....,1 0 ro .... ~. Thus, whereas in 1834-35 the imports and exports ust about balanced each other, and the former only reached £1,387,247, in 1846-47 the imports lad been more than trebled, whilst the sugar ex ported reached the amount of 61,910 tons. The im portance of this branch of the trade between the two countries will be best seen by dividing the imports and exports into their several items, thus:— C7rLtner2,C.ontin c... I''' , r.. , 0 -- -1 0 •-• 0 t... A " • ri. a , F r n• g' t 4 rOO 2. O S ' 0 tt 'I P 7 1-• o 1-6 g ~.4 ill ti .4 4.▪ .• F. • ~., 4 c. (7, co isi 02 •'• ri? ' .•• • • 6' .E 2,•. c c?, w 111 erg.- 2 4 . .-4 g :74 ,-„,., 0. g 0 0 kc - „.., 0 r : v ~._,.••• - • . o , -3 is . . • ,-.• 0 to '4 CA ....4 5., • = c 2.• -. = • c. • rot .. g ,_, 0.,. ... C> .•••• er C.... SI . ?N Tr H el 7 71,' P •••4 • F'c." 0 cs 9 c„,., ,_, 10 10 Z (1 so to 0-, cc co so 0, NI co .-. so t -1 o • • • . . . .4 • • • -0, • • • - 0 - b .‘ C • D 0 0D NI 0 ID. ~.• RD ** 0 4 v Ca it CO .F. ,_, co ic co .3 4:3 to .... to A- P. 0 ID - COO t , ., ••••• ...../ co ,A. D ...11 .4 NW CO : 0 (0 0 1 1 , g c. F 4 :IX ' .4 - 0 c 4 - -- - 1 . co co co co cp ••••1 cs, o • 0 ito cc co cc c - . •‘.. ,-• co co . cp g " Z •-, ,_, ,-, ,-. et ,-. ••• o -, oco cz ocA °co co • ... 0 0 -" c• ~_...., ..z. • 0 PZ - 7 .../ •-• CD tll <0 ....1 •- to <0 c.. 3 IP C. c... I C P a ' _ •-co••..hp c. CD 0 I 1- 3 o • - t 0 • • . . tO - c oc, ..„. so - oo 'k co tND •-• td 740 EI cr, to t 0 •74 1- , cc Tr; t 0 Y.r... CD l''3 ...t .- 4 163 .. 0 I P. • 5 - C. .4. -. CD 7 -. 2 .... - iq CD t... 3 ca 4. 0 4.4. CD .4 1..„ CI ......... ~D.. cz co cc, c. - 9 OD. ." If: - 0.74.10 Z:0 - C.A * 4) * ;44. BO iNt. 0. t.: ts: 0c... ~.., c o „.., ~...., ~...4 CD ~,, ~ ts 3 CO 0., C.. 0 , cc, ......, .... Z. c:, 0... ' 4 •-• cc e - t cooDcocco , mo.to cc , " .4. CD I CD , ~.. I C. CD . .. ... 4 .... - c to 0. O .4. , ND C... C. CD 10 00 ..-1 •-. • O.ICOOCO cn • 0 ~• th 0 0 9 . • ~.. 03 74. 10 0-• ;-• 7 . 0 . : - ot. - -4 Cl x co oc co co •••4 PD C - CD OC4 .../ 1.0 c.. 3 0 I-. ?I o .-• o ,-......., '../C. *V OND 0 0 ,-, 0 0 . ND h, 0 1* a; ..... I cnl.-. ... 0.: ••••., qtt 0' .1 o a.. n 9 0 F;,' = 1 : 4 N ----- t. 0,%,=.:W=0c41,72F-4-54 Z =a CD ' - cr ,-- 5 p,-- - ::•=0 - A2 f 5 F.,- 5 SCD . g . CD rt c .- 1 . .9 Pa .-,. ..0 • r. tit ..• 0 tit c,. • „, c•.• CD • . Z > r ' "1 • OPO F 3 • • tl . • CO ~.. c.. G. • c, til t•I •-•• el, . • - 0 r i ) 0 23 0 • .... 7 o . ;; H 0 0 • ! 4 44 :. 0 a: • • • % P . l - .D.• .... : • • LA - . ~ 9 •4 0 n - cz.... ?.... o r- =..,Q : 1 - c•-• sa.. o 0 - 0 um co• OcatooOw 0 4 94. CO 0 CD C.. 3 0 ....1 CO IND .4. n l g. P.. ad cz co ez co 1.0 .... CAD .4. 0 0 ..... t 4 , in - 0 IA ...I 03 IV CC .1.. COW CD .7„,: - m. , n ND .. t 0 .... CO l•-• OD Ci C. 4 N.D ►O. Go t.., ...-/ 0.1 OCD 0. 3 F. ° - .4. - co c END •••4 %.1. - .. , oc .-, 10 ..-. 1 1 -,-,- ° co Zo - cc OEt m. cp 4, c, cc .-• co )••••, •-- - t . ~,.. co ...., ..4 c,,, = 0 ..-• e i a. z * 0 , -.. t510.4C00t5. , . -•--1.4© H 4.7 5 * ' t 0 ~., ~.. 1-• • .-' crq 0 ;:s I.' ~. co 40 co cto An ,4. E i, . C ~.., .4. CC .4. . .0 1 P 1 ' , ..0 O.OOOOOOC>OC =P. w 0 ----- --2-- til crt •-, ..-, •-, I 0 1- 3 . o.t .-, t 0 0110 10 0 , - CD 0 ~....t. co td ,-.•.-• 4... 3,:..3 co o, c. , co co - a . G▪ C Co. I. C.. 7 .4 CD 10 CA CD ..t. C.. 2 ...4 ..-.03C00D00.04.... 1 1 0 • .... l'i ...• 0 , 01. ...-4 1....... C) •••• . EI, 0 IND ,-.1-. co ot •-• 0 - t 1 - irt r 0 i•-• to is:. C. 3 CD ../ .. 04..... c,-• ...., .. -4 .4. . .t...-7 4... . . P CO .D. CD CD ott CP C b ..- :..0 11071. 0.4 - 0 , 1714.. 4 i- , .- 4 S ..• CC .-* CO K.' ND 0D 03 0 .... CO C)- .1 0 c, .I- co .4 •••4 to ,-.4 , . co co CD 9 ocl 1 O: ~.,-.)-. ,-, .-.... .... ,-, to cm c, 1 0 cc t 0 rt. t..:. t 0 ND tsD ,I=. 4 4 . CD CI • • 0 C., CO ... 0 CCD 00000000000• 4 ci * 9 Ca -- z es .... 0 ...-'(0.•:TC„..40.4.4,.......-, 1.. 1.4....z,c -,...0 „, 0 ,••••4 ' , I CA Cr of. C.#3 Cr 1., I. OD 1. 5.,' ..... fi , 1V7:0 • C 7 7:1 " :.1.3.... '' = )7 , 1n a) c., e.,,,„„L1 li ) - .4 co -.. co co t 0 1 3 as ~.. lto<o.-310100.1. i ... zz. , ... --. ....,..,...m.tv , csi to P 7 4 .s ...t. 00,=.00000000F' ED eq. _ , I •assaiaaa Of the total amount of the imports, £4,241,072, will be seen that in 1846-47, £3,087,135 was imposed of cotton goods, employing the manu facturing population of Lancashire and Yorkshire, quantity in 1834-35 having only been £729,387 13. a. And of the amount of exports from Calcutta, £4,459,495, the article of sugar amounted in 1846-47 to £1,518,124 125., or one-third of the total ex ports, the amount of that article in 1834-33 having been only £131,995 4s. Every year the sugar cul tivation has been increasing in importance to the country, notwithstanding the suicidal legislation of the British Parliament ; yet it is this very cultiva tion, which represents, and forms a means of remit tance for, a million and a half sterling value of British manufactures, which we are now preparing to destroy altogether. The sugar cultivation of Bengal alone is estimated to employ from 400,000 to 600,000 of the population, and 300,000 acres of land, in which if, as is anticipated, it is reduced from its present quantity, 60,000 tons per annum, to 20,000 tons, something like 300,000 people must be deprived of employment, and 200,000 acres of land thrown into its primitive state of jal, gle, whilst a million sterling of exports must beinst to the British manufacturer. It must be borne in mind by the advocates of free trade, that the sugar cultivation once destroyed, India has nothing of importance to substitute for it ; for it will be seen that, out of a total increase of exports to Great Britain since 1834-35, of £2,932,946, the three articles of sugar, indigo and silk made up £2,575,678 18s.; and during the past year the production of one of these, indigo, has been a ruinous trade to the Indian farmer. Of course, we shall be told that, although we may lose the sugar trade of India and, with it, the sale of the manufactured goods taken in exchange for that commodity, the latter will be made up to us by the increased purchases from us of the foreign planter. We sheaved, however, in our last that no such result has followed our increased importations of slave-grown sugar during the past year; and the fact must be taken into consideration that, by encouraging the industry of India we are aiding the march of civilization, and spreading European tastes and wants amongst a population of a hundred millions of freemen, whilst, by encouraging slave production, we are distributing our favors amongst a class, who never have consumed, and never are likely to increase their consumption of, manufac tured articles of other than the very rudest de scription. Fr is rather too much the practice of our Free trade authorities to argue from premises and results denuded of the correlative circumstances by which those results have been influenced. An instance of this practice is contained in an article in the Manchester Guardian of Wednesday last. We quote it as follows : " Every advance in the price of sugar led to an increased competition for the services of labourers,—to a rise in the rate of wages,—and to such an increased cost of produc tion—as rendered it of no value to the planter. SUGAR CULTIVATION IN THE WEST INDIES IS SHOWN, BY CLEAR EVIDENCE, TO HAVE BEEN A RUINOUS PURSUIT—IN YEARS WHEN THE PRICE IN THE COUNTRY REACHED NO LESS THAN 48s. IN BOND, OR 725. DUTY PAID. This was in 1840. A high price is, therefore, most clearly not the road through which the planter can be saved." We are not at all certain that the fact relied upon by our contemporary, that sugar cultivation was so very ruinous a trade in 1840, is so well proved as he alleges. We find that, in Antigua, Mr. Tollemache made a profit on five estates of £12,843 in that year, whereas, in 1846, he suffered a loss of £269. Of course, in other colonies there might be varied results. We pass, however, over the question as to the correctness of the Guardian's facts to deal with his principle. A high price of sugar, he says, leads to a high rate of wages; and with high prices in 1840 the cultivation was ruinous. But was there nothing but the high price of sugar to give a sti mulus to the rate of wages? Of course there was. There was the direct interference of the British Government in 1839, by which the apprenticeship system was terminated ; and the negroes in our co lonies, released from every tie, unrestrained even by laws similar to those which bind employer and labourer together in this and other countries, were enabled to gratify their own indolent inclinations, to laugh at their former masters, and to steal off and squat or vagabondise in the canebrakes or in the bush. Doubtless under such circumstances, with their crops rotting in the ground, the planters bid tolerably high for labour; but that high bidding was a result, not a cause—the result of circum stances, which the Guardian disingenuously keeps in the back ground. Let us see how the termination of the period of apprenticeship—that breach of a direct compact with the planters—affected wages. We have before us a table, handed in to the committee on sugar planting by Thomas Naughten, Esq., a Demerara planter and West Indian merchant, giving the results of four years' cultivation of three sugar estates in British Guiana in four years of slavery, four years of apprenticeship, and six years of free labour. In the four years of slavery, viz., from 1825 to 1828, the estates in question yieldedBs,o7l cwts, nett of sugar, the annual average cost of pro duction being about 6s. per cwt., and the average annual nett revenue £20.523. In the four years of apprenticeship, terminating in 1838, they yielded 71,073 nett, the average annual cost of production being about Bs. 9d. per cwt., and the average an nual nett revenue £17,559. And now comes the reverse of the picture. Apprenticeship had been abolished, and the planter submitted to the caprice of the labourer, by a Government which threw every possible obstacle in the way of additional hands finding their way to the colonies to replace those who had permanently withdrawn themselves from the cultivation. In the six years, from 1840 to 1846, although in two of these estates there was a profit in 1840—the Guardian's ruinous year—of £8,500, there was only at the end of 1846 a nett gain of . £1.139 for the whole six years, in estates which returned annually £20,500 in the first period and £17,500 in the second. The nett produce for the six years was only 56.593 cwt., or less by 30.000 cwts. than in four years of slavery, and less by 25,000 cwts. than in four years of apprenticeship, whilst the average cost of production for the six years had risen to 295. sd. per cwt., or 20s. Bd. in the very year specified by the Guardian over the previous four years of apprenticeship, and 235. sd. over the cost in four years of slavery. It is not fair to lay down such a dogma as that of the Guardian, as applicable to the present posi tion of our sugar colonies. When we were totally dependent upon them for our supply, high prices would, no doubt, in an artificially restricted labour market, induce high wages; hut, with the competi tion to which we are now submitted, and with real and bona fide measures, for promoting the immigra tion of labourers, provided for our colonists, this result can never happen to any great extent. "THE IRISH FELON."—The first number of this trea sonable paper (the successor of The United Irishman) made its appearance on Saturday. It does not, how ever, come up to its model in point of vigour, or open and advised writing of sedition. The leading article bears the signature of John Martin who is evidently displeased that the insurrection did not break out on the day that Mitchel was transported, as he conceives that the "abject submis sion of the Irish people, in that matter, might destroy the national cause for this generation." Much nearer "to the mark," and with far more vigour, comes out Mr. Devin Reilly, who addresses a letter "to the Englishman, calling himself Earl of Clarendon, her Majesty's chief legal murderer, and jury-packer-general of Ireland." He declares his intention to tell his Lordship all that goes on whilst his hand remains without a handcuff or a weapon, He commences each paragraph with the words " My Lord Assassin," and signs himself " My Lord Assassin, your enemy to the death." The following sentence is a fair sample of the whole letter, which is very long :—" An eminent diplomatist, like your Lordship, a mild and equa ble chief governor, who can walk from that den of conspi rators you call your Privy Council, with the blood of men marked out for slaughter clotted round your soul, into a philosophic re-union of bullock-feeders and men-starvers, and there talk blandly and glibly of the state of the country' you wilfully devastate—a man like you, who can plot in your chamber with that recreant bravo you call your Catholic Attorney-General,' and his sheriffs and jurors, to take away honest men's liberties and lives, and then ride out in gilded caparison, with the tailoring of a soldier on you, and look Heaven in the face, and man—a ' Lord Lieutenant,' I say, with a convenient conscience of that kind, might forget the truculent, base, and cowardly manner in which you have done, into the slavery of the hulks in a distant land, your mortal enemy and my im mortal friend. I will take care you shall not. Step by step, and week by week, free or chained, with pen in hand, by word of mouth, in prayer to God. I will repeat your infamy, and make others repeat it, till the Irish winds that whistle round you by day, and the serpent conscience which coils you round by night, scowling on you, shall alike hiss in your ears the one word—' Assassin ! " To wind up, it is to be observed that the Felon sneers d own t h e gran d " Irish League," laughs outright at simple Repeal, and will be content with nothing short of a wholesale revolu tion, and the establishment of an Irish Republic. Inde pendent of this new firebrand, the treason market is pretty well supplied. The Nation is highly peppered with allusions to the pike as the veritable "queen of weapons;" and the Tribune is scarcely a whit behind its more ancient teacher of the science of warfare. The former organ is filled with the weekly proceedings of the clubs. Lectures, inculcating the imperative necessity of procuring arms, are delivered almost nightly at these foci of sedition. Several of the " presidents" are young men of respectable birth and education. THE LIVERPOOL STANDARD, RUIN BY ACT OF PARLIAMENT. The coolness with which the theoretical legislators of the present day sport with the property of individuals in the effort to carry out their crude crotchets is truly as tounding. It is nothing to such gentlemen as Mr. James Wilson, the new ministerial guide and authority, that fortunes have been invested in particular pursuits on the faith of the legislature of Great Britain. A column or two in the Economist, and a few garbled returns from the Board of Trade or the Colonial Office, dispose at once of the guarantee; and a British minister, without a blush on his face, dooms the unfortunate dupes who have trusted in such a slippery guarantee to ruin. An instructive in stance of this nefarious conduct is to be found in the case of Messrs. Reid, Irving, and Co., as stated by Mr. Blyth, a co-inspector with Mr. Baring and Mr. McChlery of the affairs of that house. Messrs. Reid, Irving and Company possessed five es tates in the Mauritius, and were the consignees of 18 others. The crop of 1846-47 grown upon these estates was 8,800 tons, and the capital invested £815,000 ; the loss upon the years produce was £40,000. Taking only £lO of the fall of £l3 per ton, which took place iu sugar between Jan. 1847 and January 1848, as caused by the competition with slave labour sugar, under the act of 1846, their loss of profit and capital upon 8,800 tons may be set down at £BB,OOO. The estimate for the crop of 1847-48 is 8,500 tons, besides contract sugars to the amount of £1,200 tons—in all 9,700 tons; upon which a fall of £lO per ton amounts to £97,000. The average annual loss upon the two years is thus £92,500 ; and assuming their property previous to the act of 1846 to be worth ten years purchase, we have a depreciation of the property of this single firm, of £925,000 ! Thus, it would appear, that Messrs. Reid, Irving and Co., and the other parties connected with them in the original investment of £815,000 might, but for the depreciation of their property by an act of tha legislature, have been still the owners of valuable estates instead of being ruined. By the same mode of calculation and the same agency, the property of Messrs. Gower, Nephews and Company. in the Mauritius, was depreciated £411,000, and that of Messrs. Barclay and Brothers £soo,ooo—a loss by three firms alone of nearly two millions sterling ! Yet, the complaint of the British planter against the perfidy of parliament is an unreasonable one, and may be sneered and mocked at by such popinjays as Mr. Benjamin Hawes, soap-boiler, and Mr. James Wilson, editor of the Econo mist, and collator of distorted figures and facts for her Majesty's Whig government ! _ FREE TRADE THE CAUSE OF OUR SHORT SUPPLY OF COTTON. The manufacturing interest attribute a large amount of their sufferings to last year's short supply of cotton ; yet they entirely forget that one of the earliest results pre dicted to arise from the opening of our ports to the grain of America was the application of a large portion of the soil, previously devoted to the growth of Cotton, to the raising of grain crops. It appears, however, that not only has this change taken place, but that sugar as well as grain has been substituted for cotton by the American planters. The following evidence upon this point was given by Mr. S. B. Moody, a most intelligent witness before the Select Committee on Sugar and Coffee Plant ing. " I find from returns that, in 1844, there were 70 new estates put into sugar in Louisana; in several of the lower parts of Louisana the cotton cultivation has been converted into sugar. The receipts of the sugar, from the Ist of September, 1846, to the Ist September, 1847, were 80,000 tons, though that was a crop which suffered very much in that year by an early frost, against 90,000 in 1845-46, which was a good crop, and against a good crop of 50,000 tons in 1841-42; so shat it had very nearly doubled between 1841 and 1847. The crop received from the interior, from the Ist September, 1847, up to January, 19th, 1848, was 45,679 hogsheads, against 38,961 hogs. heads the previous year, being an increase of about 20 per cent. The receipt of cotton from the interior into Louisana fell off very much. In 1845-6 the receipt of cotton from the interior was altogether 453,000 bales ; and in 1846-47, 374,000 bales. A great deal of the short crop was also owing to the. uplands of Alabama and Tennesee being put into Indian corn. The receipts have fallen off, from the Ist September, 1847, to January, 1848, from 86,000 to 39,000 bales, which was attributed to the change in the cultivation of the upland districts into corn ; and in the lower districts the falling of was attri butable to the conversion of cotton into sugar. The price of growing the produce in Louisana is about three dollars, or about 12s. 6d. per cwt." This evidence is well worthy of the attention of the manufacturing free trader, as proving that, unless we adopt prompt measures for securing a supply of cotton from elsewhere, the American farmer will be enabled to make us pay tolerably dear for our cheap loaf and cheap sugar in the enhanced price we must put upan that im portant raw material, and the suffering entailed by that high price by our manufacturing population. New potatoes were sold at one shilling per score, at Manchester, on Saturday. Large arrivals of potatoes, cucumbers, carrots, &c., are now taking place at London from the continental states. A pension of £2OO per annum has been granted to Mr. James Sheridan Knowles ; and the same sum annually to Mr. J. C. Adams, the astronomer and discoverer of the planet. THE WALLASEY MIDSUMMER FESTIVAL.—The annual club meeting of the Wallasey Benefit Society, of which the members are very numerous, together with all the usual festivities of the anniversary occasion, took place yesterday, and afforded much entertainment to the work ing classes, young and old, male and female, as well as no little gratification to their wealthier friends and neigh bours. The members of the club met at Seacombe at nine o'clock, and shortly afterwards proceeded in impos ing array through Liscard to Wallasey village, with flags flying and bands playing. They were all very respectably attired, wearing red favours, and made a fine display. The village was all on the qui vine, and flags were dis played fiom the venerable church, the inns, and many of the houses. The club and their friends attended Divine service, and heard an excellent and appropriate sermon delivered by the Rev. Dr. Byrth, the rector. The usual procession took place through the village, and all was gaiety. The school children formed an interesting part of the train. In the afternoon the club and many of their friends, including a number of the most respectable gen tlemen of Wallasey, Seacombe, &c., sat down to an excel lent dinner in their marquee, protided by Mr. Meadows, of Poulton-cum-Seacombe. Toasts and speeches followed, and all was harmony and good humour. The south end of the village presented the appearance of a fair, with all the usual rustic amusements. The inns, throughout the day, were crowded to excess. The rain in the afternoon was certainly a damper; but the whole went off with much eclat. The lasses of the village, the children, and all around and about, appeared in their best attire, and in the evening dancing, singing, &c., wound up the festi vities. _ _ FOREIGN AID SOCIETY.—On Tuesday evening, the annual meeting of the Liverpool Auxiliary of the Foreign Aid Society was held at the Concert-hall, Lord Nelson street. The chair was occupied by the Rev. Dr. M'Neile. The deputation consisted of the Rev. R. Burgess, Rector of Upper Chelsea, and hon. secretary of the society, Ma jor S. Thorpe, secretary, and the Rev. Professor De La including grs theon the a e r p p l e e , t f f e r r o m m a G e d e n i n e va. the body There ef w t e h r e e h s e e v e e e r e a , l Rev. Thomas Nolan, the Rev. Mr. Hughes, the Rev. Mr. Birrell (Baptist minister), &c. 'The proceedings were opened with prayer by the Rev. Thomas Nolan. The Chairman, in opening the proceedings, explained the ob jects of the society, which were to give assistance to the evangelical societies on the continent, but not to send out missionaries. With the exception of an occasional visit, by way of courtesy, from the honorary secretary, who was a sort of itinerant bishop, they did not send missionaries to the continent at all. Professor De La Harpe may go to Geneva and tell his friends and the Parisians en pas sant what England responds to. On the continent, where these protestant churches are at worK ' there are many enemies to contend against, and our old inveterate enemy the chief—l mean the Papacy. There is no weapon which can successfully combat against such enemies but the Gospel of Jesus Christ. Nothing else, And he therefore urged the expediency and duty of giving all possible aid to the continental Protestants. After an address from Major Thorpe, Professor De La Harpe spoke at length of the field in which the society was called on to labour. There was, he said, now full liberty in France, and this he maintained was consequently the fit time for exertion against the Roman Catholic priests. The Rev. R. Bur gess and the Rev. T. Nolan also delivered addresses. • THE SPLENDID NEW YORK PACKE U-SHIP "DE Wirr CLINTON.'—On Sunday morning last, a beautiful new packet-ship of this name arrived at this port, from New York, between which and this port she is to run as one of the new Black Star Lines, (for there are two,) con signed to Mr. John Taylor Crook. She made the pas sage, though with adverse winds, and calms at the begin ning and end, in 21 days—frequently running 111 knots. She was built by Messrs. Perine, Patterson, and Stack, of New York, and launched on the Bth of April. The following are her dimensions :—Length on deck, 165 feet ; length of keel 157 feet ; breadth of beam 38i feet ; depth of hold 221 feet, and measurement rath er above 1000 tons. The writer of this had an opportunity of cursorily inspect ing her yesterday afternoon, and has no hesitation in pro nouncing her to be a noble, strong, and highly-finished specimen of naval architecture. She is faithfully built of the best materials—live oak, locust, and cedar, and, as a proof of her strength, it need but be stated that she is thickly kneed and bolted, and that her hull is two feet in thickness. Her bow is ornamented by a full-length figure of De Witt Clinton, who was formerly a highly popular governor of New York. Her stern is richly and beautifully carved, with appropriate emblems. The accommodations for passengers are at once roomy and elegant. The large cabin is lined with beautiful polished veneered woods, in panels, including fine-feathered ma ple, zebrawood, and rosewood, the panels divided by pilasters delicately touched with gold, with white gilded capitals supporting a neat cornice, also gilded. There are six stained glass stern windows, and a large deck-light. The sleeping-rooms are large and fitted up with every con venience. The whole of these rooms are under a lofty poop. There is a fire-proof cooking-house for steerage passengers, entirely covered in, 15 feet by 5 feet, and 6 feet high, with two long cooking ranges on an entirely novel plan. The accommodations between decks for steerage passengers are quite equal to any we have yet seen, the height being 8 feet 9 inches and the berths all moveable. The vessel is commanded by Captain Funk, who formerly sailed the fine ship Enterprise, belonging to the same line, and is much esteemed as a skilful transat lantic navigator, as well as a generous and hearty com panion. THE LIVERPOOL WAREHOUSING COMPANY It has always, and justly, been urged that the property of the warehouse-owners of Liverpool, large as it is in the aggregate, comprising about four millions sterling, is not in a condition to protect itself from the competition of a public body, such as the Dock Trust. Much of it is owned by non-resident parties. Some of it affords the sole dependence of widows and orphans, annuitants, and others, from their position unable either to dispose of or manage their property to the best advantage, or to work it themselves with the requisite machinery and upon the best system. With these views as to the position of the warehOuse-owners as a body, we were disposed from the first to regard favourably the project of a Warehousing Company, by whom their property would be advantaged' by a central and economical management, and by the in creased enterprise and efficiency which such management, in judicious hands, ensures. The more we have learnt of the views and regulations of the Company, the more we are confirmed in our own first impressions. A brief detailed statement of these will perhaps bring the merits of the scheme more forcibly home to our readers than the statements in the original prospectus, the more especially as, since it was issued, the advantage has been afforded of more matnre conside ration of the details. The plan is simply this—that such warehouse-owners of the port as choose to embrace the opportunities offered by the Company, shall in the first instance hand over their property into its management. A valuation is then made by the Company's surveyor, upon the amount of which the owner derives his interest of five per cent. on the property, and, at the end of three or five years, his share in whatever extra profit may have accrued from the entire property in the hands of the Company. Thus, if A consigns to them a warehouse valued at £5OO a-year ; B, another valued at £4OO a-year, and so on ; A and B receive their pro-rata shares on the whole amount under the Company's management, whether or not the property owned by them may have been let or employed by the company. It is not proposed that all the warehouses should necessarily be worked by them. . Where good and substantial tenants can be found they will be let off, the company being merely receivers and guarantees. Where they cannot be let altogether, they will be worked under the central regulations and management. Thus there can be no risk to individuals of their property producing nothing, as frequently occurs at present • and, on the hand, other there can be none of its being let at such rates as to injure property more favourably situated. Yet, still each 'Warehouse being valued according to its locality and condition, there is no unfair advantage afforded to one description of property over another. Since we last referred to the subject, we are glad to learn that the company has been formed, and that already it has under its management property which exceeds in value that now belonging to the Dock Trust, and that ac cessions to its strength are being daily made, from most influential parties. It is fully expected that the manage ment, whilst more efficient, will be less than half the cost of that of individual owners, whilst the security to the public using its warehouses will be greatly increased. The arrangements are now being matured ; and we re peat our firm conviction that both by warehouse owners and the mercantile body of the port, a large amount of advantage will be reaped. THE ROSCOE CLUB CONCERT LAST NIGHT. Whatever might have proved the amount of success of thisafirst effort of the club to cater for the musical taste of their members and the public, it cannot be denied that the spirit with which it was made deserved the utmost public encouragement, and that it was admirably arranged throughout. In addition to such stars in the musical hemisphere as Mr. Sims Reeves, who, by the bye, may be said to have gathered his first laurels in Liverpool, and Miss Birch, one of the chastest in style amongst our English female vocalists, the committee did not overlook native talent in the person of that universal favorite, Miss Whit nall, or the claims of Signor Paltoni, who may almost be called of Liverpool, being settled amongst us. In addition the programme contained the names of M. Henri Lawson, pupil of the celebrated German violinist, Moligne. Mons. Z. Herrmann conducted, and Mr. G. Eyton presided at the piano-forte. Notwithstanding a very unpropitious evening, we were glad to see an excellent house, and many very happy faces, chiefly those, no doubt, of the members of the club and their families, with some of our usual musical amateurs. On the whole it may be said that the concert was emi nently successful, and we trust that it will encourage the club, in this time of dearth of enterprise, to repeat the experiment. We have little space, at the time at which we write, to enter into much detail with respect to the performances. The object of praise was the orchestra, than which a more efficient one never played before a Liverpool audience.— Its conductor, we have said, was Mr. Hermann ; the leader was Mr. John Goodall, and placed in this capacity, for the first time, before a Liverpool audience, with the exception of his leading at the Roscoe Ball. he proved himself equal to the highest confidence in this difficult line of his pro fession. Amongst the band, we noticed, also, some of the best instrumentalists of our town. The first overture, from Weber, was most splendidly played, as was Auber's Massaniello, in the second part. The vocalization was commenced with Mozart's duet " Curdel Perche," by Miss Whitnall and Signor Paltoni, which was very excellently given ; followed by Sir Henry Bishop's song " Tell me my Heart," magnificently sung by Miss Birch, and encored enthusiastically. Mr. Sims , Reeves sung a Romanza from Donizetti, Se tanto in ira," which was, also, encored. In our own opinion, however, the piece in which he most distinguished himself, in the first part, was the duet with Miss Birch, "Da quil di," in which his splendid voice told with wonderful effect, Miss Whitnall and Signor Paltoni were also very suc cessful. Of Mr. H. Lawson we cannot, from only hear ing his first solo, say much. His style is very ornate, and he is artistically clever ; but we think he wants tone, and occasionally stopped out of tune. We did not, however, hear his second solo. In the second part, we only had time to hear a scena by Miss Birch, and Mr. Sims Reeves' "All is lost now," both magnificently sung. Mr. Creed, the secretary of the North-Western Rail way, has contradicted the foolish rumour that " the state of the works on that line requires immediately a large sum for repairs." The works are now in the best possible condition, and the company have neither the intention nor occasion to create new stock. BANKRUPTCY COURT—RE ROBERT HlSCOCK.—Yes terday this bankrupt came up before Mr. Commissioner Perry for his certificate, and was opposed. In delivering his judgment, his Honor said that the alleged misrepre sentations to his partner, as to his assets and liabilities, he did not think had been fully sustained against the bank rupt ; but the endorsement of bills in the name of the firm, the proceeds being for his own private purposes, was an objection which should be marked by some punish ment. After some further observations, his Honor sus pended the bankrupt's certificate for two months. THE CROPS, &c.—We rejoice to state that the crops, generally, never gave, at this season of the year, greater promise of abundance, the weather having lately been highly propitious—fine refreshing showers, and succeeding ardent sunshine—sometimes for days together. The wheats in this neighbourhood look well; and the slight blight or black ear, which we here and there noticed, is beginning to disappear. Oats and barley look first-rate. Turnips and mangels, so far, never looked better. Hay grass will be much heavier than was anticipated a few weeks ago.— A good deal has been cut, and some hay secured ; but what lies in the field may be somewhat injured by the frequent showers, and a heavy rain yesterday afternoon. Luckily a great portion of this crop is still on its legs ; and, as the glass now (Monday evening) is under but slight depression. we may hope for dry, sunny weather, which will redeem all. Mr. Littledale, of Liscard, has just cut some beauti ful Italian rye-grass—and second crop this year. In the early potatoes, a touch of the rot has appeared, but it does not amount to much ; and we must hope for the best as regards the late crops of this useful vegetable. All pro ductions of the garden are luxuriant, and there is a good show for fruit. We have seen some " monster" goose berries and strawberries, grown at Wallasey. Though the weather has, during the last seven days, been fair for the country, the temperature has been variable. Thursday was a scorching day, with a clear sun, and scarcely a breath of wind. The following day was comparatively cold. Sun day was fine throughout, as was yesterday, up to about four in the afternoon, when the rain alluded to fell. CHARGE OF EMBEZZLEMENT.—Yesterday, at the Po lice-court, before Mr. T. Booth, (in the absence of Mr. Rushton,) a man, named Thomas Lyndham, a clerk, was charged by his former employer, Mr. John Collins, vinegar manufacturer, Richmond-row, with having received va rious sums from his customers, which in place of paying over and accounting for, he h adi appropriated to himself. Mr. Davenport appeared for the complainant, and Mr. Yates for the prisoner. Mr. Collins said he had engaged the prisoner in September last, and had employed him as bookkeeper and Collecting clerk until the 24th of January, when he di.charged him for neglect and another fault. Since and before he was discharged, he (prisoner) had called upon several of his (complainant's) customers, and obtained money due from them, which he had not paid over. Prisoner's duty was to pay the money over every night, to receive a receipt for it, and to enter the amount in a cash-book--produced. The witness also showed a list of the debts, (about £20,) which he alleged the pri soner had thus collected, amounting in all to £l6 15s. 6d. A printed receipt or cheek - book was produced, and believed complainant the prisoner n t e h r a h t a a dm similare a o w n a e y was withmissing,it.He added, and l ie that to some of the receipts given to some of his cus tomers, prisoner had written, or forged, his (complain ant's) name, which he had no authority from him to do. The prisoner, by himself and counsel, stated that the charge against him was merely trumped up on account of his going into the employ of another person in the same line of business, who had formerly been in partnership with the complainant, and which firm he had served faithfully for five years. He also produced some receipts for money from the complainrnt, of which there was no entry in the cash-book produced. A larger amount was, however, charged against the prisoner, and complainant said that if the sums were not entered it was prisoner's duty to have done so. These receipts would not make up, he said, anything like the deficiency. Three cases were then taken (for one indictment) against the prisoner. In one, he had, it appeared, received from a Mrs. Law 18s. Bd. ; in another, from a Mrs. Martin 235. 4d. ; and the third, 235. 4d. from Mr. Redfern, of Kent-street. The other cases were not entered into. Mr. Critchley, the former partner of Mr. Collins, and till now the employer of the prisoner, gave the prisoner a good character for honesty as far as he knew. The prisoner was committed for trial. and on his applying to be admitted to bail, as he could offer respectable men then in court, the magistrate said a day must be taken to consider it. The complainant admitted that he knew nothing of bookkeeping. LATEST INTELLIGENCE. (BY EXPRESS.) IMPORTANT TO BIRKENHEAD. BIRKENHEAD DOCKS COMPLETION BILLS. PROCEEDINGS YESTERDAY.- DECISION OF THE COMMITTEE. The Bill for Transferring the Powers of the Commis sioners to other parties, pursuant to adjournment went again before the Select Committee of the House of Com mons on Monday (yesterday). The selected members present were—Lord C. Wellesley, (chairman), Admiral Bowles, Mr. Duncan, Mr. Forster, and Sir George Strickland. The local members present were—Sir Thos. Birch, Mr. Cardwell and Mr. Tollemache. The counsel present were—Mr. Hope and Mr. Goldsmidt for the pro moters, and Mr. Johnson for some of the frontagers. The Chairman and Solicitor of the Liverpool Dock Trus tees were also in attendance. Mr. GOLDSMIDT said he was now in a condition to state to the Committee the nature of the Bill as it had been agreed to by all parties, the Commissioners, the Landowners, and the Crown, which had withdrawn all objection to tht measure. The arrangement with the Crown for the advance of a certain sum of money to com plete the works, having been negatived by the Committee it was no longer proposed, by the Crown, to have any power with regard to the nomination of trustees. When the Committee last met, it would be recollected that the Crown desired to retain some power in this respect; but they had since waived their proposal. It was now pro posed therefore that the new Trust should be thus constituted —to be elected by the Landholders 6, by the Birkenhead Commissioners 4, and by the Wallasey Commissioners 3, making thirteen in the whole. It was further proposed that not more than four directors of the Dock Company, and of the Railway Com pany, in order to avoid any preponderating influence upon their part, should be capable of being elected trustees at one time. It was also proposed that the meetings 5h0u1...: be held at Birkenhead, unless specially called elsewhere, and then they might be held in London. As the bond holders, and probably the parties nominated by them, were not likely to be resident at Birkenhead or Wallasey, it was further proposed that the trustees should be at liberty to vote by proxy ; but the chairman and deputy chairman were always to be resident at Birkenhead, or Wallasey. Then, as the Commissioners consented to these arrangements, and gave up, so far, the power which they had hitherto had, it was proposed to introduce a clause indemnifying them from the liabilities they might have incurred by advancing monies in the wav of loans to the Improvement Commissioners of Birkenhead and the Dock Commissioners. The trustees named in the bill were to remain in office until August, 1851, and then the bondholders, the inhabitants of Birkenhead, and the in habitants of Wallasey would each elect their set of trustees. It was also proposed, and it had been assented to at the last meeting of the committee, that, as the arrangement with the crown had been negatived, and as there were not sufficient funds to carry on the works, preferential bonds should be issued, with the consent of a meeting of the bondholders, to be called for that purpose to the extent of £50,000. The scale of voting by the bondholders at the meeting for the election of trustees and other purposes was to be the same as that adopted by railway companies generally under the Companies Clauses Consolidation Act. These were the main features of the bill as now altered. There was, however, another matter which it would be important to mention, as it bad often been re ferred to in the course of the investigation. It was pro posed that the level in the Pool should be kept up to thirteen feet, unless where otherwise directed by the con servators of the River Mersey. This being the present state of the bill, he had the satisfaction of informing the committee that there had been a meeting of the bond holders at which these several arrangements had been approved of, and the bill not being objected to by any party, awl being assented to by the crown, he trusted it would now receive the final assent of the committee. The CHAIRMAN requested that the Committee might be furnished with copies of the bill in its present shape. This having been done, Mr. GOLDSMIDT said the noble lord would remember that at the last meeting two alterations in the preamble had been objected to on the part of the crown. One was to the omission of the recital that it was of great public importance, that the sea wall and other outer works should be completed without delay. This was retained, and the preamble now stood, in this respect, as originally proposed. The other alteration referred to, was the withdrawal of the controlKof the crown, in consequence of the money ar rangements with the crown having failed. This was as sented to. vv The CHAIRMAN.—The Crown, then, has no ob jection to those alterations ? Mr. GoLnsmirm—No, my lord. Mr. PEMBERTON.— may be some verbal altera tions on matters of detail to be made in some of the clauses. Mr. GOLDSMIDT.—Just so ; but to the preamble there is no objection, and I trust the committee will now de clare it proved. After a short consultation, the Committee declared the preamble proved. The clauses were then proceeded with. Several of them occasithiek some dissension, but eventually they were all passed; and the bill was ordered to be reported to the house. MONEY M A RKET—"yEsTERDATL The greatest excitement is caused in the city by the extraor dinary intelligence from Paris, The effect on the Stock Ex chauge was to depress the funds. Consols declined to 82i to 3, and it is matter of general surprise that the fall was not more considerable. They have now recovered to 834 to for the opening. Reduced Threes are 83/ to I. Three-and-a-Quarter per Cents., 84i to f. Exchequer Bills, 38s. to 41s. premium. Bank Stock, 189 to 191. We have had some brisk sellers of Consols this morning on speculation. LONDON CORN MARKET.-YESTERDAY, Our market was tolerably well supplied with English Wheat this morning by land carriage samples from the near counties, and the supply was, for the most part, cleared off at an early hour, at prices fully equal to those of last Monday. Fresh par cels of Foreign Wheat also realised quite as much money, but the inferior qualities were neglected. So little English Barley appears at market, that quotations must be considered quite no minal. Of Foreign, the arrivals have been large, but at a reduc tion of Is. to 2s. per qr. upon last Monday's rates. There was an extensive sale this morning. The receipts foreign oats have again been considerable, viz., 40,000 qrs. For really fine horse corn, previous quotations were about maintained, but for inferior and ill-conditioned samples a further reduction of Is. per quarter had to be submitted to, at which there was a tole rably free sale. Peas without alteration, and beans the turn cheaper. SMITHFIELD CATTLE MARKET.-YESTERDAY, We have not quite so large a supply of Beasts to-day ; some of the choicest qualities are therefore sold dearer than on Fri day. There is an increased supply of Sheep and Lambs. The weather being good, the demand is rather larger for the former, although it is difficult to obtain any advance in price; for the latter trade is exceedingly dull, and a great many of middling quality remain unsold. There is rather more inquiry for good Calves ; prices are, however, very little better. Trade is more brisk for Pigs. LATEST FROM PARIS. During the whole of Sunday no one was permitted to pass through the streets of Paris. No windows are allowed to be opened, and no person is allowed to stand at them. A report is current that the insurgents are in possession of the Halle aux Vins, and have poisoned the wines, in order to destroy the troops and the guards. PARIS, SUNDAY, 5 P.M. The delay allowed the insurgents in the Faubou: g St. Antoine to surrender having expired witho t any reply, the operations immediately commenced. The first barricade was vigorously attacked and carried, but not without considerable slaughter on the side of the assailants. Colonel Baynaud, of the 48th re giment of the line, and several other officers, were killed. Ge neral Boquet, of the Engineers, arrived at the Place de la Bas tille at twelve, with the firemen and sappers. Some houses were blown up, and several barricades thus turned were captured without loss. On some points the insurgents had dug trenches, against which the artillery was unavailable. They fired from within, and, on the approach of the troops, escaped through passages opened in the cellars of the houses. A large body sal lied from the suburb towards noon, entered St. Louis, and formed a barricade of the Pont des Tournelle, which was being repaired. They were there kept in check by troops stationed in the wine stores on the opposite side, and were actually placed within two fires. The enclosure of St. Lazare was re-occupied in the morning by the insurgents, who carried away ten small pieces of artillery belonging to the Chateau Rouge, which they loaded with atones and pieces of broken bottles. On the Quay de la Megisserie some ruffians fired from a window on a batta lion of troops of the line, and escaped by a back door in the street. Others were, at the same time, erecting a barricade close by, in the Rue de Bethizy ; 'but a patrol of National Guards dispersed them, and they fled, throwing their arms in the streets. A battery of artillery had been placed on the hill of Montmarte, and measures were adopted to prevent the in surgents from gaining possession of that important position. On the south side of the river the insurrection was completely The insurrection loses ground on the north side. M. Flocon announced that Paris is abundantly supplied with provisions. At two o'clock it was announced that a resolution had been taken by General Cavaignac to bombard Montmartre. Several places in the Clos St. Lazare and its environs were set on fire by the insurgents. At one o'clock firing was taking place in the Rue St. Denis; at the passage du Grand Corf shots were fired from the windows of the houses. _ _ . . . The President of the National Assembly, at its sitting to-day, announced that the left bank of the Seine was completely in the hands of the military, but it was afterwards stated the island of St. Louis was in the hands of the insurgents. It is said to have been ascertained that the number already killed is up wards of 6,000 persons. M. Lagrange attempted to go to the insurgents, for the pur pose, as he said, of inducing them to lay down their arms, but the National Guards refused to allow him to pass. The office of the Minister of Commerce has been searched by the authori ties. and 30,000 francs in gold removed. h firing is going on without intermission, and they are un dermining the Clos St. Lazerre, with the intention of blowing it up. The sitting of the Asssembly was resumed at half-past three, when, a member ascending the tribune to give an account of fresh successes on the part of the National Guard, M. Duclerc rose to condemn the too congratulatory expressions of the speaker, saying that on both sides the fighting had been carried on with but too much obstinacy and courage. An explosion of cries of " Order " and " Vive la Garde Nationale." _ _ M. Duclerc then said he only meant to express his deep re gret for the effusion of blood. M. de Larochejacquelin supplicated the members to give an open denial to the words attributed to them,—"MaMeur aux vaincus." These words were followed by a scene of extra ordinary tumult in the Chamber, and M. de Larochejacquelin was obliged to leave the tribune. M' Ducoux said that he was the bearer of most satisfactory news. A great number of insurgents had acknowledged their error, and laid down their arms. It was no longer possible for them to hold the barricades, for the engineers had now cut a way from house to house, so that the barricades fell into their hands with facility. Several barricades had accordingly fallen, and there could be no doubt that the affair vitts rapidly ap proaching an end. Some sharp words ensued in the passages, M. Luneau ad dressing' reproaches to M. Louis Blanc. M. Raynal, who was one of the foremost in reproving the words of M. de Laroche jacquelin, was about to come to blows with one of his col leagues, when the would-be combatants were quickly separa ted, and the sitting was adjourned, de facto, until five o'clock. At that hour it was again resume& Jane 27, 181 g. M. Senard read a letter from M. Marrast, announcing the recapture of the mairie of the 2nd arrondissement and the streets surrounding it. The insurrectionists had mane a com plete citadel of the quarter, established communications, and put mattresses behind the windows. The troops and Gurrde Mobile had to lay siege to every house between the Hotel de Villeand Rue St. Antoine. Their losses were immense. Columns were then marching towards the Place des Vosges, to re-capture the municipality of the eighth arrondissement. The great bar ricade which had stopped the troops since noon had been cap tured, and the troops were in possession of the bridge of Da mietta. The Fabourg du Temple and the Marais were then the only places in the power of the insurgents. It is positively asserted, that Count de Narbonne, former aide-de-camp of Charles X., and his servant, arrested behind a barricade in the act of distribnling money to the revolters, had both been shot in the gardens of the Luxembourg, by the country National Guards. Forty-four other prisoners were said to have been put to death on the Palace de Greue. The old Municipal Guards have been called to Paris. A great number of them were assemblethround the Assembly, anxious to join in the fight. Bills due between the 23rd and the 28th are prorogued for five days. BOULOGNE, MONDAY, 4 30 A.M. The train has just arrived. The struggle was still going on in Paris at seven last night, and the roar of cannon continued in those quarters to which the insurgents were confined. Troops are in full march from all the departments. The Calais National Guard have left for the capital. • GENERAL TRADE REPORT. Monday Night. The serious results of the French revolution, although long delayed, are at length overwhelmin g its concocters with confusion ; the terrible cry for bread or death, which the patriotism of starving thousands has withheld for a time, has resounded through the streets of Paris. The downfal of the organism of monarchy has not realized the golden dreams of communist philosophy ; it has not fed the people : in fact, as we augured some time back, the bubble has burst ; and after an immense sacrifice of human life, Paris at this moment presents an aspect which those only who have seen a Parisian mob rampant in its fury can imagine. Our various public securities have receded in consequence, and Consols closed on Saturday at 83. Trade however, has generally gone on much as usual. The SHARE Market was each day quoting lower prices, when the news from Paris on Saturday produced quite a panic, and prices were quoted lower on that day than at any time since the wild days of 1844. It has, however, somewhat rallied to-day, but is still very depressed.. Lon don stock was, on Saturday, 115, from a rumour that the line wanted repairs to cost a million; but this having been contradicted by Mr. Creed, it has to-day been done at 118, and closes buyers at this. The destruction of the mob at Paris is considered rather a favourable event (for prices in this market) than otherwise. The depressing influence now is the certainty of the movement of the terrible army of Russia southward. Since the Brokers' Circular was published there has been a good demand for sugar, and better prices have been obtained. The sales are 2,500 bags Bengal, and 150 hhds. Demerara. Rum and molasses very quiet. A fair business has been done in Bengal rice; 3,000 bags fetched Bs. 6d. for small broken, to 9s. 6d. for middle. White coffee continues very flat ; 300 bags native Ceylon reached 30s. per cwt., and 60 tic rtes Jamaica sold at irregular prices. —The following summary of the past week's transactions in the London colonial markets we give on the authority of The Times:— " In the colonial markets this week attention has been entirely absorbed by the Ministerial proposition for the West Indies. At the commencement, until Lord John Russell's intentions were made "known ' the impor ters of all descriptions felt little inclination t o enter into negotiations, but at the same time the buyers were equally indisposed to increase their stocks during the prevailing uncertainty. Hence the business of the week has been small, and principally confined to the last day or two. The effect of the contemplated alteration on the market has been to raise the price of British about ls. per cwt. ; while a few parcels of foreign have been realized by the importers, who complain bitterly of the measure, at a similar decline. The British plantation market has closed with considerable firmness." The average price of Brown or Muscovado Sugar, ac cording to the last returns, exclusive of duty, was — from the British possessions in America, 255. Bid. per cwt. ; from the Mauritius, 265. 6d. ; from the East Indies, 225. 101 d.—By the last accounts from Havannah, prices, free on board, were 13s. 4d. per cwt. Our CORN market is extremely inactive and feeble in every branch of the trade, and prices generally are rather lower. In fact, the weather lately has been almost un precedently propitious, and we may attribute every change in the market for some time to come to atmospheric van ations. With respect to the Irish and provincial markets, however, although all kinds of spring corn are somewhat depressed, and the turn lower, Wheat and Flour generally are a little on the advance. Some few arrivals of Indian Corn and Meal have got into Cork and Limerick this week, which, notwithstanding there is still a fair demand far these articles, has a tendency rather to reduce their value than otherwise, and the market is a little lower. During the latter part of last week, and even up to noon of to-day, we had a decidedly improving COTTON market ; but the Parisian intelligence coming down so very alarm ing in its features, caused a general gloom and depression, and some sales were made under pressure at low prices. The arrivals are coming in freely, so that holders are willing sellers, and fully 6,000 bales have been sold to-day. The attendance of buyers at our Wool, sales last week was very numerous, but in consequence of the / 1 "" d ?- 11 sales commencing the day after ours had closed (at whi.cla, it is expected 15,000 bales colonial will be offered,} together with the distressed state of trade, the colonials sold heavily at a reduction of fully ld. per lb. on the last May sales in London. A great portion of the East India was withdrawn in consequence of the buyers not coming up to the limit ; those that were sold were at prices rather lower than former sales. The other low wools being descriptions not in request, were almost all withdrawn. Imports for the week :—Foreign, from Oporto, 17, West Coast, 4,906, Bombay 707, previously, 34,919, Scotch, 226; previously 5,147. There is still a fair demand for SILK by the trade, but the supply of both Raw and Thrown Silk from France and Italy has a tendency to depress the market, and former prices are with difficulty supported. In China Silk Piece Goods we have no alteration to make in prices, thoug h the demand is very limited. The Scotch Pig 'mix market has been rather firmer during the week, holders not being disposed to accept present rates. Prices may be quoted at 435. 6d. f r ee on board at Glasgow for mixed numbers, and 445. 6d. for No -1 Gartsherrie. The quantity of AMERICAN Beef on the market, owing to the paucity of arrivals, may be brought into a very narrow .compass ; there is but little offering u n de r 87s. 64. ; and owing to the scarcity, anything of a higher quantity is held in considerable requisition. The demand for pork continues languid, and the trade are buyers only to the extent of present exigencies ; our quotations will shoW that our stock is very various in quality ; really fine, however, is held- high in estimation, sales having been made at 70s. a favourite brand. The sale of bacon has declined. Hams, in dry salt, are still in good request ; and shoulders have sold at an improvement, a large par cel having been disposed of by auction at 275. Lard meets a languid sale, at reduced prices ; and although little was brought forward on Tuesday, it was more than purchasers were willing to clear off. A small parcel of cheese se ceived since our last, of ordinary quality was sold by auction last Tuesday at 395. to 40s. The TRISH ,Butter Market cannot recover from the depressed position which we have reported for some weeks past, and on Saturday holders generally were panic-struck , having vainly offered a reduction of from ss. to 6s. Per cwt. from the rates of this day week. Bacon still sells slowly, on account of the quantity of American thrown on the market at low rates. Hams slightly in request , and lard dull. The arrivals for the week ending this day , are :—Butter, 6681 firkins, 1905 crocks ; Bacon, 12 4 bales ; Hams, 9 hhds. ; Lard, 50 firkins, 20 kegs. • Letters from Hamburgh state that the suspension of of W. G. Arnamann and Son, of Altona ; is to the amount of £140,000, and that this event has brought down the banking firm of M. Robinow and Sons, at Hamburgil• Money still continued abundant at from 2 to a per cent. MR. ROBERTSON GLADSTONE'S PLAN FOR REGULA TING THE SUGAR DUTIES.—The plan propounded by Mr. Robertson Gladstone, for the regulation of the sugar duties, which many persons consider likely to work well for the West Indian interest, without imposing any burden upon the British consumer, is a liberal modifica tion of a suggestion made to the Colonial-office by Sir Charles Grey, the Governor of Jamaica, in his dispatch dated the 21st February last, and received in London on the 27th March. The suggestion of the Governor is not even alluded to in any of the subsequent dispatches sent from the Colonial-office ; it may, therefOre, be reasonably inferred from this circumstance that the more liberal sug gestion of Mr. Gladstone is not likely to be viewed with any much greater amount of attention. Sir Charles Grey': suggestion, in his own words, is, "that the duties on British British muscovado should be brought towards the. limit of Id. per pound, and those on foreign to 2d. ; liable to special relaxations in favour of such foreign states as should bind themselves by treaty to give a similar mear, sure of justice to their labourers as we give to ours. Mr. Gladstone's plan is, "to impose a duty of Id. Per, pound on all free-labour sugar, and ad. per pound on a !' slave-grown sugar; and in twelve months or two years`.. as may be deemed necessary, subject to an official not in .. cation to the Government of this country that any sla ve r _ growing country had emancipated their labour ers and forbidden, by legal enactment, the importation „ I. _ slaves, the produce of such country shall be c"„ mitted at the reduced rates." It will thus be seSr r that, substantially, the only difference between duty to Grey and Mr. Gladstone is as to the neV, to be imposed upon slave-grown sugar, the Gn ve nor recommending 2d., whilst the merchant ree? rn, mends lad. ; Mr. Gladstone's plan being, to that ex' en ___ at least, the more favourable to the British c onsumel;: fr . Albion.—[We believe that the plan suggested by ' 3.1 5 Gladstone was shown to several of our l ea ding merchali' three or four months since.] SHIPPING INTELLIGENCE. MONDAY, JUNE S.S.W., light. ARRlVED.—Aberdeen, M`Gratli, from Savannah. Chronometer, and Texian, hence at Vera Cruz. Peru, hence off the Kroo Coast. The Pakenham, that arrived here yesterday, frornfd ° e r r t e ° Rico, boarded the brigantine Declaration, of Boston, :5 0 the lict, 27th May, in lat. 35, long. 53, and set her on fire. ren 30th May, in lat. 36, long. 47, experienced a severe the N.B. for 24 hours, and while lying to, was struck harrie d mendous sea, which threw the vessel on her beam en ds,,u; ar ics, away house, wheel, binnacle, skylight, companion , 3rd and stanchions, and washed the carpenter overboard. Y'4.s June, in lat. 39. long. 43, experienced a second galee fro LIVERPOOL: TUESDAY, JUNE 27, 1848. PRINTED AND PUBLISHED T N 0. EVERY TUESDAY MORN •a — so gi By JOSHUA FLETCHER LACE, of 53 Grove street, LEONARD ADDISON, of 14, Great Orford-street, At No. 4, ST. 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