The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1847-09-28 00:00:00

TO CORRESPONDENTS, The lines of " N." possess several good points, but on the whole are not sufficiently adapted for publication. The letter of "Agad" we cannot of course publish, although we may say, in mercantile phraseology, " we note its contents." We were unable to make room for the letter of " Scotus," or to make the necessary alterations in it. The " Sonnet to Ellen" was received too late. Eb ?Ltbrrpool Otaithart. Yearly ttelbseription: In Aldva,nee, 15s. On Credit, b. TUESDAY 21ORNING, SEPT. 28, 1847. THE Marquis of Londonderry has at length come up as a forlorn hope to back the Chancellor of the Exchequer in his chivalrous defence of the Currency Laws. His lordship is rich; and, like Sir Charles Wood and the Times, can discourse eloquently in reprobation of speculation in railways and other matters. Especially he is indignant at the audacity of certain "young" persons who have ventured to open collieries in his neighbourhood, in punishing whom the Bank of England, he seems to think, is doing great service to the State. He is himself just now in easy circumstances. He is one of those persons of good credit who, the Chan cellor tells us. finds no difficulty in procuring dis counts; and, being thus impregnable, he would no doubt be delighted to see the " young coal pro prietors" swept out of his way or buried in their own pits. We certainly can remember the time when his lordship was very generally believed to be by no means in such affluent circumstances and when his lordship's friends would have been delighted to hear that he " could utterly deny the existence of coal owners' distress." We presume, however, that of late the Coal Trade must have been a par ticularly good trade; and hence the soreness felt towards those parties who have been striving for a share in its advantages. Or perhaps his lordship has df late been a very prudent man; and hence his right to lecture people who may have gone a little . beyond their means. We rather imagine, however, that the public will not be disposed to view matters in quite the same light as his lordship does. The public will not say that energy and enterprise engaged in opening out fresh coalfields should be cramped and strangled, in order that noble proprietors should be secured in their mono polies; but would more probably be found disposed to cheer on all such efforts to add to the national stock of wealth, .and to the national comfort, althOugh some of them might be based upon some what too sanguine calculations. Of course,.however, we are not .to regard the Marquis's adventure into the world of polities and into print as solely prompted by his feelings as a coal owner, or his fear of being suspected of la bouring under the difficulties complained of by the Newcastle e deputation. The political influence of Wynyard is just now rather out at elbows. Dur ham will not own him or his nominees ; and the opportunity of breaking a lance in defence of the pet measure, which Sir Robert has left behind him to be the stumbling block of the unhappy relative of the house of Howick, was a chance of advancing his claim to remembrance which the marquis was not disposed to forego. Perhaps some league, offensive and defensive, is to be formed, by which Northumberland and Durham are to be divided, or a ribbon or a star is in the distance. His lord ship'S propensities are well known; and we trust that to whatever minister or party this letter is an appeal, it will not be endorsed, as was once a si milar document, by a statesman well acquainted with his nature—" this is too bad." THE British public are as yet unacquainted fully with the operation of free trade in depressing native .industry. We acknowledge that every interest and every class of the community are undergoing intense suffering; but when we set about an inquiry into the cause of that suffering, we are met by tem porary circumstances, which prevent a general con clusion being drawn. Thus we have the potatoe disease, the mass of capital directed to railway investments, the high price of cotton, and other similar causes of social and industrial derangement, to get rid of before we can form a conclusive judgment as to what will be our ordinary position under the present system. There is one class of British ,subjects, how ever,. who do not labour under this difficulty. We refer to our Wek India colonists. There is no accidental circumstance interposed be tween their suffering and its cause. Ruin has followed too closely the measures adopted towards them by the Imperial Legislature to leave any doubt, in the mind even of, the most bigotted worshipper of free trade, that those measures have been its direct cause. A long course of tyrannical interference had already brought them into strug gling circumstances. Dear labour and heavy taxa tion had brought them to the ledge of a precipice , which called for very wary walking. They were redeeming their position by the exercise of that indomitable energy which belongs to the character of British men in trying emergencies ; but the legislature of the country of their birth and their affections has consummated its unkindness and injustice by pushing them over the precipice. In a word, these noble and once prized possessions of Great Britain are irredeemably sacrificed. The following resolutions, recently passed by the Chamber of Commerce of Kingston, Jamaica, tell ! the melancholy tale of these colonists with sufficient , distinctness : That since the adoption of free-trade principles in England, and the admission of foreign slave-grown sugar into her markets for home consumption, the average price of colonial sugar has fallen 13s. per cwt., or £l3 per ton, being a reduction of fully 50 per cent. in thl short space of nine months in the value of the main staple of this island. - " That independent of this great fall in price, another and more alarming feature presents itself, in the fact that although the consumption of sugar in England has greatly increased, yet that this increased consumption is entirely supplied by slave-grown produce, whilst the consumption of British West India sugar has very considerably de creased ; and that unless this be checked by some vigo rous and permanent measures on the part of the govern ment, the British colonists will be inevitably and entirely driven out of the English market, and the cultivation of estates be rendered ruinous to all. " That this Chamber views with alarm the commerce of the country daily dwindling into insignificance. Confi dence is shaken to the centre, and it is but too plain to perceive that our most respectable citizens (foreseeing no doubt, worse evils to come, and no energy exerted to avert them), are leaving the country with the little they have saved from the wreck of their affairs. Estates are fast becoming abandoned, poverty stares us in the face wherever we go, the expenses of living are enormous, and taxation is unbearable. The resolutions conclude with an appeal to the inhabitants of the colony for aid in an endeavour to bring their condition before the British Parlia ment and the public. " British honour and integrity, they add, will see us righted yet. Our cause is England's cause. They cannot, and will not, wilfully risk the loss of Jamaica as a colonial dependency, or the allegiance of a loyal and faithful people." One would really imagine that such an appeal might have been received by Englishmen, what ever their political leanings, in a spirit of sympathy and respect. If the feelings of the British public, however, are to be considered as represented by the columns of the daily organ of the Government, the London Tinies, the announcement may at this mo ment be on its way to these unfortunate men, that their sufferings are only met with mockery—that we have cast away, as unworthy of preserving, their persons, their property, and their allegiance. We have, however, the satisfaction of assuring our colonial brethren that the infamous levity and in sult with which their case is treated by the Times, has excited very general disguSt in the minds of right-feeling men of every party. Nay, more :—it has satisfied many that where flippancy is resorted to, instead of arguments and facts, it is because the latter weapons are not at hand and available. The Times urges that "the plaint" of the West India colonists is unseasonable; that if they ai.e suffering, so is every other class and interest at home; that if planters are abandoning their pro perty, shareholders are abandoning their shares, and Irish landlords their estates. What amount o f conso lation is to be derived from this commu nity of suffering it is difficult to discover. It is equally difficult to find out how the fact, as to the position of affairs at home, bears upon the state of colonial industry, unless it may go to show that the policy which has depressed the latter has equally affected the former. The commodity pro duced by the Jamaica planter has been depreciated by the introduction of foreign slave-grown sugar fifty per cent. in the space of nine months ; and con temporaneously with that decline in colonial pro duce, the mills of Manchester are closed, and busi ness of every sort is at a stand. Where the suffer ing is common, it is not beyond the bounds of pro bability that the cause is a common one. There is one important lesson which the people of England may derive from a perusal of the article referred to, and from the tone generally in which the Times, and other journalists of his class, are in the habit of treating the complaints of suffering which are unhappily so rife on every side. The colOnist is kicked and derided ; and the time will undoubt edly come when the British agriculturist, the ma nufacturer, and the artizan, will receive the same treatment. The colonist cannot compete with the producer of slave-grown sugar; and the Tidles says that he must be abandoned to his fate. The artizan of Birmingham, the spinners and weavers and printers of Manchester, the cutlers of Sheffield, and the clothiers of Leeds, may, by and bye, have a similar complaint to make that they cannot com pete with the cheap labour of continental states ; and they will be told that they tdo must have cheap labour, unproved machinery, and diminished pro fits, or that they must retire from the struggle. One by one they will be told, in the language ad dressed to the colonists by the Times, that the people of England "are too much occupied with their own difficulties to feel very tender-hearted about the impending decay of an interest which is maintained at the expense of the public, and to which every one of them contributes." THE time is drawing near when the minds of members of the Council must be made up, with resnect to the gentleman to be nominated for the office of Mayor of Liverpool for the ensuing year. Thus far, we believe, little difference of opinion has existed upon the subject, though we observe that the usual Whig-Radical move is being made to create disunion and conflicting action amongst the majority of the Council. Of course there are many gentlemen in the Council, who have not yet passed the civic chair, but who possess claims on the score of character and general attainments inferior to none of their fellow-townsmen ; but we trust that every effort will be used to prevent the strength of the Conservative party in the Council being divided : an arrangement may, we are sure, be easily made which would prevent any possibility of disunion. THE question as to the extent to which expendi ture upon railways is answerable for the present financial derangement of the country, we regard as having been almost set at rest by Mr. Henry Houldsworth, in his remarks addressed to the shareholders of the Lancashire and Yorkshire (late Manchester and Leeds) Railway, at a recent meet ing. Mr. Houldsworth contended then that the absorption of capital by railways, and its diversion from the usual channels of employment, did not take place to the extent contemplated by the London Times and other anti-railway authorities ; and that the most material way in which railway formation operated upon our financial system was by the increased amount of money which it places within the reach of the labouring classes to expend upon foreign productions. In a letter which has just been addressed by the same gentleman to the editor of the Manchester Guardian, in reply to some objections urged, the views originally promulgated by him have received a strong confirmation. A portion of this we make no apology for transferring into our columns. Referring to the effect of the increased expenditure of the working classes, he says : " Concurrently with this burden we may have another to sustain. The Almighty in His wisdom, has withheld, in 1846, a portion of the annual gifts He dispenses to his creatures, and to that extent we had less to spend—in terrupted or restricted labour, want of raw materials to work upon, or want of capital to supply the implements of production and keep in active operation such as we have—all may produce a similar pressure. " If, in this state of things, consumption goes on at its previous rate, which.it always does for a considerable time after the accession of such evils,--if we consume all that Providence gives us, all that we produce or receive in exchange for the various articles of manufacture, and something more,—then, to the extent of this something more (which must soon show its amount by the export of the gold), we are crippling our means and diminishing the floating surplus capital of the country, to the inconve venience of all. " Now, during the last year, Providence withheld pro bably 30,000,000 or 40,000,000 in value of the usual gift annually bestowed upon us, and for six months of the year, until after the beginning of 1847, the consumption continued at or near the previous rate ; to these circum stances, coupled with the deficiency in the supply, of cot ton, and, perhaps, aggravated in the spring by the sudden shock given to commercial credit, under the operation of Sir Robert Peel's Bill (the general soundness of which, if it embraced a slight degree of elasticity under proper re strictions, I am by no means prepared to question), and again by the heavy losses in grain, and consequent failures, —I ascribe more of the present pressure than to railway expenditure, so far ; and, as the causes which brought about these evils have to a great extent disappeared, I look for an early improvement, proportioned to the in fluence which I conceive they have exercised." The concluding portion of the letter, in which Mr. Houldsworth expresses his opinion as to the course best to be taken by the country to obviate the evil which he admits to exist, whilst he ques tions its extent, we must also take the liberty of quoting, as. particularly valuable, on account of the known business talent and experience of the writer : " If we assume, as I did on the occasion to which you alluded, an annual expenditure of £50,000,000, and de duct about £12,000,000 as payments for the land, &c., which is a mere transfer of money, we have £38,000,000 as the probable amount to be paid in salaries, wages, con tractors' profits, &c., the greater part of which goes in consumption. This would represent 700,000 men, at an average of 21s. per week, including engineers, overlookers, labourers, brick-setters, masons, coal and iron stone min ers, and persons employed in making iron, mechanics, &c. ; but, if allowance be made for the keep and tear and wear of horses, and for contractors and trade profits, the num ber of men directly and indirectly employed is probably not more than 450,000, if so many. "If we further assume that these men earn on the average, one-third more wages than before, it gives £12,000,000 as the increased consumption of these men per annum ; and if we add about £5,000,000 more, as re presenting the improvement in the wages of the labourers generally, &c., consequent upon the demand for railways, we have £17,00,000 per annum as the estimated excess of consumption or measure of disturbance, supposing there is a sufficient supply of capital to maintain the pro gress of productive industry in other branches. " Now, if the surplus capital of the country is insuffi cient to meet the demand of this sort for two years and a half, which is about the duration up to the present time, without producing such effects as we at present suffer under, I am at a loss to account for the power we appear to have possessed of carrying forward improvements of all kinds, and of raising and expending capital unpro ductively during the war. With a population of 20,000,000 in 1813 and 1814 we raised, in taxesandloans, £106,000,000 per annum—the highest rate of interest paid by govern ment not exceeding, I believe, 51 per cent. " It is true that £106,000,000 of the currency of that day was only equivalent to about £80,000,000 of our money, but population having increased about 50 per cent., and wealth more so, I believe we could as easily raise £106,000,000 per annum now, if needed, as we then did. And how was the money then spent ? Much of it in maintaining armies abroad ; subsidizing ; in providing powder and shot, muskets and cannon, and rearing men and horses for the consumption of war ; all unproductive expenditure—dead waste. Now, railway expenditure is unproductive only for a time, differing in nothing from the ordinary application of capital to mills, dwellings, &c., except that in the former case the period of non-production is from two to four or five years, whereas in the latter it varies from one to two years. Then, as to the extent of railway reproduction, it is not to be measured by the net return only to those who embark the capital, but by the saving to the public in the reduced charge of transit. " As to the extent of this saving, I have reason to be lieve it not less at this time than £8,000,000 to 9,000,000 per annum upon the railway capital in operation, without reckoning the economy in the use of capital arising from the economy of time - and if thisbe true, it goes farto lessen the burden of the £18,000,00 of estimated pressure upon the surplus income of the country, arising from the ex penditure in progress. " I would conclude by saying, that, although I think the railway expenditure has undoubtedly aggravated the ' present difficulties, it is not as yet the primary cause. At the same time, as the pressure for capital bears only on part of the community, the expenditure, if continued at the rate of interest above 5 per cent., is sufficiently pregnant with evil to point out the importance of spread ing the outlay over a longer period. If the high rate of interest - continue, we shall see the Government securities sink far below their present value, mortgages foreclosed to the ruin of thousands, and an immense amount of misery created, quite within the power of Parliament; but not so much within the power of Railway Boards themselves to mitigate. " Let Government declare that they will introduce a measure at the commencement of the session to facilitate the postponement of railway works, and much of the appreliensibn and difficulty would cease." Favourable winds brought into Plymouth, in a couple of days, last week, at least 150 ships laden with grain, waiting for orders. A great number were sent to the con tinent. _ _ On Thursday, Mr. J. C. Haverty, of this town, passed his examination in the science of surgery, and received from Apothecaries' Hall a certificate to practice. The St. Jude's Evening Schools are now reopened, and we have no doubt that they will be well attended, as the neighbourhood has already derived much b enefit from them. SUDDEN DEATH. —An inquest was held, yesterday, be fore Mr. Statham, deputy-coroner, on view of the body Markey, wife of Thomas MarkeY, labourer, of Mary Maguire-street, and 40 years of age. On Tuesday night, she complained of a 'Pain in her right leg. A surgeon was ca ll e d, who ordered mustard plasters, but she died on Thursday night. Death arose from congestion of tho lungs, the result of natural causes, TII r. LITTAPOn STANDARD. MEETING OF THE TOWN COUNCIL. Yesterday a special meeting of the Town Council was held, for the purpose of determining upon the report of the Health Committee, on the claim for compensation by Mr. William Shaw, by reason of his not having been re appointed to office in the township of Everton, under the Sanatory Act. In the absence of the Mayor, Mr. Ald. D. HODGSON was called to the chair. Mr. DRIFFIELD read the report, of the Health Commit tee, which stated that, at a meeting held on the 13th instant, it was agreed to recommend the Council to give Mr. W. Shaw an annuity of £l5O, being the amount of his claim for compensation, and two-thirds of his salary, as surveyor of Everton, and that the said annuity be charged upon the general rates for the township of Everton. _ _ _ Mr. AMBROSE LACE proposed the confirmation of the report. The Committee, taking into consideration the great services of Mr. Shaw, had unanimously agreed to recommend the amount of compensation named in the report. He might observe that the annuity would not be paid out of the general borough fond, but out of the Everton rates. Mr. Alderman TURNER seconded the motion. Mr. EYRE EVANS should be glad to hear the Town clerks' opinion on the legality of the proposed compensa tion. It seemed to him a very large amount of compen sation for scarcely any services whatever. Mr. Shaw had certainly been a very active politician, and he (Mr. Evans) supposed that to be one reason why the annuity was pro posed to be granted. He (Mr. Evans) had heard nothing of the meeting of the Health Committee, which recom mended the annuity, for he was indisposed at the time, but had he been there he certainly would not have sanc tioned it. The TOWN-CLERK stated that Mr. Shaw's claim came under the provision of the sanatory act, by which it was enacted that any clerk or other servant who should not be retained under the operation of the act, was to be entitled to an annuity, regard being paid to the amount of loss sustained. In dealing with other cases of a similar de scription the custom had been to award two-thirds of the salary as compensation. under the general provisions of the municipal act. Counsel's opinion had been taken as to the mode in which the compensation should be awarded. Mr. EVANS—The question then was still open to dis cussion in the Council, and he would move that the amount of compensation be £5O per annum instead of £l5O. Looking at Mr. Shaw's age and his incapability to render further service, the compensation should be upon that scale, because ifMr. Shaw hadbecome altogether incapable he would ask on what ground could they grant him even any compensation at all. He was " done up," and were they to grant him compensation after his ineffi ciency. The proposition amounted uo absolute nonsense, and it was carrying their power over the public funds too far. The amount at the most should not be more than £5O, and indeed, he did not think it should be anything whatever, but he (Mr. E.) suppo.ed that they must grant him something in compliance with the act, which was in troduced at Mr. Shaw s instigation, to suit his own pur poses. According to Mr. Shaw's account, he was entirely wound up." Mr. SHAND contended that it was nothing more than a legal compensation for the loss of services and salary. He denied Mr. Evans's statement, that Mr. Shaw was incompetent. He had always been a zealous officer, and was ready to go on with the duties of his office, had he not been deprived of them by the new act. The Council should take into consideration the loss he sustained of £250 a year, and vote him the compensation. Mr. EvANs.—Yes. for an equivalent in labour. The CHAIRMAN must call Mr. Evans to order. Mr. PARKER remarked that it was not fair that an in dividual's character should be attacked in the manner which Mr. Evans had attacked Mr. Shaw, and all because he had realised a little property during the term he had been in office, which was highly creditable to him. It was too bad to brand and attack a gentleman , who had for many years discharged the duties of his office with so much zeal. After a little further discussion, the original motion for the allowance of the annuity of £l5O was agreed to, and the Council adjourned. EXHIBITION OF THE. LIVERPOOL ACADEMY. (THIRD NOTICE.) No. 28. " The West Front of Antwerp Cathedral." D. Roberts, R.A.—We consider this one of the finest pictures in the exhibition, and most creditable to the artist. There is an immense quantity of elaborate paint ing, in the cathedral itself, and in the buildings by which it is surrounded. The hazy kind of atmosphere in which it is seen, is given with great truth. One feature of the picture, which strikes the observer, is the decided lean of some of the houses in the foreground. We believe, how ever, that this is in strict keeping with nature and reality. The same deviation from the perpendicular may be seen in Chester, and many other old towns. No. 30. "At Large." A. Corbould.—This painting contains a bay horse and a brown pony, both of which are very excellently painted. The bay is quite a Land seer animal, beautifully painted ; and we could manufac ture out of the brown pony a most splendid cob. Indeed we do most decidedly think, that had Landseer painted the body of the animal in question, he would have made him a cob. We should ourselves have certainly done so with a horse of the same build. The painting is altoge ther most meritorious. No. 34. " Cockle Gatherers on the Llanstriddian Sands, South Wales." E. Duncan.—This is a very clever painting. There is nothing elaborate about it : on the contrary, it is rather sketchy. The mist, however, which characterises the picture, is splendidly painted ; and the whole makes a very first-rate picture. No. 40. "Fete Champetre." H. Andrews.—One of the most singular and most talented pictures in the exhi bition.. As a whole, it is not effective ; but it is most ela brate in detail. The figures and faces given are perfect miniatures, most splendidly painted. It is full of merit of a very high order. No. 59. " A Green Lane—a Scene in North Wales." H. .1. Boddington.—This is one of the favourite subjects of the artist, and is a delightful picture. We shall have to speak of his other pictures as they present themselves to us. No. 87. " A Shady Brook, with Figures." F. R. Lee, R.A.—The artist is one well known as inimitable in land scape painting. We are perfectly certain, however, that we never saw a more splendid painting from his easel than this. The foliage throughout is finely painted ; and in particular the bridge on the right of the picture, with the beautiful lights introduced, is excellent. Whoever may be the fortunate purchaser of this picture will gain a treasure. No. 129. " Portrait of a Lady." R. B. Falkner.—We are not at all aware whether this picture is, or is not what it purports to be—a portrait. That it is a splendid paint ing, however, is certain. It has none of the hardness of outline of some of the portraits of the exhibition • and is in every respect a picture of great merit. Had it Atached to it the name of Sir Thomas Lawrence, few people would doubt its being the production of that artist. No. 182. " Portrait of a Lady," R. B. Falkner, is an effort of the same artist, even more in the style of Sir Thomas Lawrence, and very clever. The lady, we can fancy, is depicted in the bower scene in Romeo and Juliet. The style is flowing and easy; and, unlike many portraits, the portrait is a picture. We consider this as one of the most splendid efforts in the exhibition certainly the first in rank amongst the portraits. No. 191. " The Floating Harbour, Bristol." J. B. Pyne.—This artist has some peculiarities and affectations which we regret to say we cannot appreciate. The picture before us is on the whole a good one, beautifully treated ; but the yellow colouring is affected and bad. There may be in nature such an atmosphere as that in which the floating harbour it seen ; but we never remember witnes sing it. The picture, however, has very great merit. No. 22. " The Sands at Little Hampton , Sussex." by the same artist, is a pleasing sketchy piece, but has the de merit of the artist's affected manlier of colouring. No. 228. " Portrait of a Lady." W. Huggins.—We have already referred to this painting; bht we have not done it justice. It is one of the best portraits in the ex hibition—we beg pardon—one of the best picture; for the lady we never saw. We know, however, that Mr. Huggins seldom misses a life-like likeness ; and the finish of the body, and other accessories of this portrait, are very fine. No. 229. " Boat passing a Lock in the Erewash Canal, Derbyshire." H. .Dawson.—A beautiful landscape. We have heard it remarked, by no mean authority, that the picture is injuriously divided by the horse track of the canal. The best answer to this objection is, that it is natural. The whole scene is beautifully painted. The approaching storm is seen in the foliage of the trees on the right of the picture, and in the lights given in the general treatment of the landscape. No. 201. " An Autumn Morning.". E. Williams, Sen. A pleasing picture. A grand concert, we perceive, will be given on Monday, at the Concert-Hall, when Mrs. Sunderland, Mr. John Parry, and Mr. R. B. Blagrove (of the nobility's concerts, London,) will be present. The latter gentleman is the celebrated•performer on the concertina, and will play two of his most admired solos on that fashionable instrument. CURIOUS AFFAIR.-It will be in the recollection of our readers that a reward was offered for the discovery of a cash-box, alleged to have been stolen from the shop of George Smith, grocer, St. James's-street. Through the perseverance of r. John Ashton and Mr. Roberts, ac countant, the contents (X 552) have been found near Roch dale ; and on reference to our advertising columns, it will be observed that the creditors can have a dividend imme diately on furnishing their accounts to Mr. Roberts. Tux. CORPORATION BAT ns.--We are extremely glad to find that these establishments are rising still further in the estimation of the public. As a specimen of the sub. , stantial benefits which they are conferring on the poor, we may, state that at St. Paul's baths during the past month no fewer than 7917 persons bathed, and 7572 dozens of clothes were washed, &c. The receipts for baths amounted to X6l 9s. 6d., and for washings £l5 155..6d.. Some of our readers may not be aware that for one penny a person can wash for six hours as many clothes as •she can get through in that time, during which some parties wash from twelve to fourteen dozen ; and, moreover, without any extra charge the articles may be dried and mangled at the establishment. Twelie dozen of clothes, washed; dried, and mangled for a penny ! Is it possible to carry economy farther ? It would almost seem practicable, for we learn that, on striking a balance of the accounts for the last twelve months, there is a considerable sum in favour of the institution, after defraying all expenses, and the amount has been paid into the hands of the Corporation treasurer. The establishments are, therefore, " self-supporting," to all intents and purposes ; and, for this reason, as well as because they are amongst the very greatest helps towards the sanatory improvement of the town, we hope to see Mr. Parker's benevolent purpose soon carried out—viz., to have them at work in every ward in the town. The funds of the Corporation cannot be devoted to a better object, THE ELECTRIC TELEGRAPH IN LIVERPOOL. This important addition to the Railway facilities, pos sessed by the town of Liverpool, was first brought into working order yesterday afternoon, in a temporary room, fitted up over the carriage depository at the Lime-stre e station. At present it is only capable of being worked in communication with Manchester, and there is no connexion along the London and Birmingham line beyond Rugby. The workmen, however, are actively employed in laying the wires for the remaining distance, which will no doubt be completed by the time that the Company get into possession of their permanent station in Tithebarn-street, opposite the end of Exchange-street, East. By the politeness of the clerks in attendance at the station, we were enabled to witness the facility with which messages are sent and answers received. As an example of the almost instantaneous travelling of the electric fluid, we may state that from the moving of the handle of the telegraph to the corresponding movement of the needle, not a quarter of a seconds interval is perceptible : yet to move the needle in Liver pool, the fluid has to travel to Manchester and back—a distance of over sixty miles. The under standing between communicants at each end is most accurate; indeed mistakes appear so thoroughly guarded against as to be almost impossible. Whilst at the station the arrival of a vessel (the Mary Amelia, Capt. Long,) from New York, was transmitted to Manchester in a space of time not exceeding one minute, and in another it would he recorded upon the slate in the Manchester Exchange. A private conversation was also held by a gentleman connected with the Liverpool press, with one of the editors of the Manchester Guardian, who was summoned per telegraph from his office for the purpose. As soon as the arrangements are completed, the informa tion received from the various telegraph stations, the London markets, and any other commercial, or other intelligence, worthy of being transmitted, will be written up in the room, which will be open to subscribers paying two guineas per annum. OPENING OF THE ROSCOE CLUB HOUSE. This establishment, No. 82, Bold-street, the fitting up of which is nearly completed, will be apened to the mem bers on Friday next, the .Ist October. We have had an opportunity of going through the building, and, from the accommodation provided, we have no doubt of its becom ing a very popular resort for our fellow-townsmen, and a great convenience, especially to that portion of them who are inclined to improve their minds, and to devote their leisure hours to rational and instructive pursuits. The ground floor, lately a shop, is appropriated for a coffee room, and is being fitted up in very neat style. It is ca pable of accommodating at one time from 80 to 100 per sons to dine or drink tea. The windows in front will be fitted up with wire blinds, which, whilst allowing ample light to enter the room, will prevent observation from without. Immediately at the back of the coffee-room is the steward's bar, from which refreshments will be fur nished, and through which the dinners, &c., will be trans mitted from the kitchen. The latter necessary apartment is being fitted up with one of Mr. Bennett's excellent kitchen ranges, and will contain all the requisite conve niences. As an adjunct connected with this department of the establishment, there is a front cellar, in which the preliminary portions of the cuisine, the making of pastry, &c., are to be conducted, with a store cellar at the back for wines, spirits, malt liquors, &c. Should the coffee room prove to be insufficient for the accommodation of the members, it is contemplated to extend the first and second stories of the building over the yard, by which a considerable quantity of extra room will be provided. The reading room is in the front, on the second story ; and is. a pleasant apartment, well lighted with three win dows, and appropriately fitted up. It will be suitably provided with the papers of the day, and the leading periodicals. Immediately behind this is the secretary and librarian's room, in which also there will be a table for periodicals, &c.. Further back is a smoking room ; and behitid this conveniences for washing, &c. Above stairs are servants' sleeping rooms, board room, class rooms, &c. The whole are being thoroughly painted and deco rated : and the furniture is in the best taste and quality. One of the leading attractions of the club will be the cheapness of the viands furnished to subscribers. A plate of meat and vegetables is to be given for 7d. ; a small chop for 4d„ or the member can dine off a joint, vegetables, &c. included, for 14d. A cup of coffee will be charged 2d. Refreshments will be sold at prices barely to cover cost. Indeed it is not intended that anything more than the first cost of the articles supplied, with with wages of servants, waiters,. &c. should be realised from this source. The library at starting will probably not be large. Already, however, about one hundred volumes have been presented to the club, by gentlemen interested in its welfare ; amongst which we observe several from its president, Mr. Samuel R. Sandbach, including copies of the poems of his talented lady. Mr. Richard Rathbone also has presented to the club a splendid large map of England, reduced from the ordnance trigonometrical survey, which is hung in the reading room. Altogether, it is gratifying to be able to say, that the club will open under most favourable circumstances ; and we trust that the efforts of its indefatigable committee and secretaries will be duly appreciated. SERIOUS ROBBERY.—On Sunday evening, whilst a gentleman was listening, amongst a crowd, to a lecturer on teetotalism, in the neighbourhood of the Custom house, his pocket was picked of a small brown leather bocket-book, containing five bills of exchange, for large amounts; ti.e particulars of which are given elsewhere. The police should be instructed to put a stop to these lecturers, who generally gain a crowd of persons whose object, in too many instances, is• to pilfer from the unwary. DINNER IN HONOUR OF THE PURCHASE OF SHAKS PEARE'S HOUSE.—A dinner in honour of the purchase of the birthplace and residence of the immortal bard will, we hear, be given on Thursday evening next, at the Brunswick Hotel, Hanover-street. In order to give all an opportunity of testifying their approval of the course the committee have pursued, the price, which will, we learn, include wine, is fixed at an extremely low figure ; but the name of the caterer, Whiteman, is sufficient to guarantee that the fare shall be such as will ensure satis faction. THE POLICE COURT.—The usual business at this court yesterday was but of slender importance, and a brief summary will suffice :—Ellen Collins, charged with stealing a watch in a night or beer-cellar, in Bannister-street, and James Jennings, for stealing a jar, containing tobacco, from the shop of Mr. Braithwaite, Park-lane, were com mitted for trial at the sessions.—James M`Fadan, for having 141bs. of foreign tobacco , brought by the ship Columbia, in the Waterloo Dock, in a box with secret partitions, and William M`Carthy and Daniel Monaghan, found with a bale of foreign manufactured tobacco on board of the ship Forfarshire, in the Brunswick Dock, divided into two, ready for being carried on shore, were remanded until jt be ascertained from head quarters how they are to be proceeded against. INDISCREET CONDUCT OF POLICE-OFFICERS.--Yester day, at the police-court, a man and his wife were brought up on a charge (as we understood it) of interfering with some police- officers. A gentleman, who is a druggist in Great Homer-street, gave the case a very different com plexion. It appeared that the accused parties were quietly walking when they were interrupted and pushed against by a drunken man. Officer 405 came up, and afterwards 366. They somehow or other allowed the drunken man to escape, and took the accused to the station. The gen tleman followed to hear the charge that would be made against them, and was treated with coarseness by the keeper and officers, and ordered out of the station-house. He had voluntarily left his business almost unprotected, to state the facts. Mr. Rushton severely reprimanded the officers, and ordered officer No. 405 (whose conduct had been the most improper) to be suspended. The prisoners were discharged, as it appeared there was no good cause for their being taken into custody at all. MANSLAUGHTER CASE.—Yesterday, an inquest was held before Mr. Statham, on view of the body of Ann Owens, aged three years, the daughter of a joiner residing out of Burlington-street. It appeared that about five o'clock on Saturday evening, deceased and several, other little children were crossing the street from Bevington Bush to Burlington-street, when a large and heavy spring cart, with a spirited horse, came up at a sharp trot towards them. The driver, Thomas Hale, was called to loudly by two of the witnesses, one of them a respectable car owner, to stop, as they saw the danger in which the children were placed, but he did not slacken his speed, which was so great qt the turn of the street that he could not well have done so, to avert the catastrophe. Both witnesses also stated that he was in liquor at the time, and that after the accident he did not attempt to pull up, and that it was only stopped by themselves and others seizing the reins some yards further on. The deceased was knocked down by the cart and the near wheel passed over her body. She was carried to a druggist's shop, but died in three hours afterwards, from rupture of the lungs and pleura, and fracture of ribs on both sides. The jury re turned a verdict of manslaughter, and Hale, (who was in custody,) was committed for trial at the Assizes. THE LAZARETTOES. — We rejoice to say that the fever which had raged so violently in the town for many menths, is now on the wane ; but having learned that it is in con templation by the parish anthorities to dispense with the Lazarettoes, lent for patients by the government, we re spectfully suggest that such a step would, as yet, be pre mature and impolitic, for reasons which we shall briefly adduce :—Four hulks were procured in the first instance, and the cost of fitting them up for the reception of patients was, if we are correctly informed, about £2,500. Two of the vessels were sent back, and there are now only so pa tients in the two that remain. On this plea it is thought of dispensing with these two also. But it should be borne in mind that during the four months whilst the vessels have been in use, there has been expended in addition to the equipment :dated, somewhere about £650 for wages of attendants, &c. ; £l7O for surgeons; £159 for drugs; £350 for provisions; and £l9O for hire of steamers, — making in all, for the reception and care of 1000 patients, an aggregate expenditure' of about £4OOO. It will require, moreover, it is said, nearly £5OO to unfit and replace the vessels as before, which the government will require. Now, though the fever is "scotched," it is not yet killed. It has reached those in the higher ranks of life, where, we are credibly informed it is spreading, and it may yet (though we pray it may not) relapse upon the public health. Considering, therefore, the cost of the two Ves sels left, and that that cost will not require to be increased, would it not be advisable to retain them for two or three months longer, and to remove to them the patients now in the fever sheds, both for their own sakes and that of the public. The sheds, from the locality in populous neighbourhoods, not only excite feelings of alarm (which the lazarettoes are calculated to allay), and tend to dete riorate the value of property around them, but it is also impossible to conceive that any system of ventilation can render them so effective in the restoration of poor invalids afflicted with the epidemic, as vessels at anchor in the ' tideway, and pervious to tine purifying and invigorating sea-breeze: ' ' LATEST FOREIGN AND COLONIAL. THE RIVER PLATE. Her Majesty's packet Seagull arrived at Falmouth on Saturday with the Braiilian mails, having sailed from Rio de Janeiro on the Sth, Bahia on the 17th, and Pernambuco on the 24th ult. On freights in gold, &c., about X 20,000. Exchange at Rio, 271 to 271 ; Government 6 per Cent. Stock firm at Mi. - The only occurrence worthy of note at Rio was the arrival there, in the Eagle frigate, on the evening of the sth of August, of Lord Howden from the River Plate, to assume his functions of British Minister to the Brazilian Court. It would appear l►e had not been able to accomplish all the necessary points for effecting a peace between the belligerent states, but had raised the blockade of Buenos Ayres as far as regarded British vessels. The_ French Minister still persisted in maintaining it nominally, owing to some lapse of proper etiquette or formality on the part of the Argentine Executive. An armistice for six months had been entered into, which would probably yet result in an accommodation of differences upon a permanent basis. The day before the Seagull sailed from Pernam buco (23d August) the steamer came in from Rio Janeiro, and communicated the arrival in that city of Count Walewski, the French Minister, who would depart again in two days for Toulon in the French steamer-of-war Cassiner- A disturbance was anticipated at Pernambuco from some of the natives in the interior, who threatened to attack the town in consequence of some unpopular mea sures of the Government. A quantity of arms had been seized on the estates in the neighbourhood, but all was quiet at the sailing of the packet on the 24th of August. The only British ships of war left at Rio were the Eagle and Crescent, and the Kestrel packet, lately arrived from the Plate. Tonnage had come in abundantly at Rio, and the demand for coffee having increased, prices advanced. Considerable sales took place at 2,950 reis to 3,000 reis for superior, 2,750 reis to 2,850 reis for good firsts, and 2,500 reis for good seconds, Sugars were dull—white, - 2,700 reis; and brown, 1,800 reis to 2,000 reis. Freights, 70s. per ton for England, and 80s. for the continent. Government was a taker of about £20,000 by the packet, and about £300,000 had been done in the month pre ceding the Seagull's departure. Lord Minto has arrived at Berne, en route to Rome. It is rumoured that Mdlle. Deluzy, the governess to the Praslin family has, since the unfortunate affair with which her name is mixed up, had two offers of marriage, and that the head of a lady's boarding-school at London, has made to her several propositions with a view of en gaging her services as partner in the business. . Mr. Monckton Milnes, the poet and member for Pon tefract, has arrived at Lisbon, and been presented at court, and received with great distinction. He proceeds by the next packet, in company with Mr. Lockhart, the distin guished author of Ancient Spanish Ballads, and editor of the Quarterly Review, on an Andalusian tour, and thence to Madrid. SWITZERLAND.—Letters from Berne, of the 22nd inst., state that military preparations were proceeding with con siderable activity on the part of the Federal Government and the Sonderbund, and that a collision was deemed imminent. The canton of Zurich had demanded the speedy dissolution of the league, and, in imitation of Berne, had granted a considerable sum for the organiza tion of the militia on a respectable footing. Those two cantons, the most populous and wealthy in Switzerland, can alone bring into the field 40,000 men, perfectly drilled, armed, and equipped, and maintain them during two months without any detriment to their finances. ITALY.—The Pope is still determined to resist in case of any attack upon the independence of his states. It was reported that his Holiness had assented to a propo sition that Louis Philippe should become arbitrator be tween the Holy See and Austria. Pius IX. added, how ever, a condition which Prince Metternich would not subscribe to, namely, that the Austrian, troops should withdraw from the town and the citadel of Ferrara. The proposition cf the King of the French fell therefore to the ground, muc'a to the satisfaction, it was said, of all in Rome who had learned anything of the matter. Austrian intervention in Lucca and Modena was hourly expected, and it was said that the Grand Duke of Tuscany was wavering. _ _ THE BORNEO PIRATES.—THE NEMESIS IRON STEAM snn'.—The Overland Mail from China brings accounts of a brilliant engagement between the Hon. East India Company's steamer Nemesis and a number of piratical prahus, on the 30th of May. The news is published in the Singapore Free Press of the 21st of June, and the following are the heads :—The Nemesis, (which it will be remembered was built at North Birkenhead, by Mr. John Laird, and has done great service in the East,) left the town of Brune on the 30th of May, to cross over to the new British port of Labuan. She had on board Mr. Brooke and Captain Grey, and soon descried, near the is land of Moarra, a fleet of Balanini and Sule pirates, in fill chase of a trading prahu. The pirates; on seeing her, attempted to escape, and finally ran in shore and an chored. The Nemesis reached them at 1 p.m. Thirty of them (all well manned) opened fire upon her, and she re turning it, the battle was kept up hotly for two hours, when the enemy was silenced, and pulled away in a crip pled state. The Nemisis pursued them ; drove six of them on shore. The boats and other small vessels ac companying the Nemesis were put in requisition, and the flower of the pirate fleet was captured or destroyed. The force of the pirates were computed at 500 men, ex clusive of 100 captives. Forty or fifty of them, who had deserted their vessels, were found dead on the beach, ten were found killed in the captured prahus, and many must have 'died in the jungle--in all 80 to 100 killed. The loss to the British was three men killed and seven wounded. Ten brass guns, varying in size from nine-pounders, and five iron guns were captured. Five of the largest prahus were taken, and none would have escaped, had the British nad a sufficient number of boats to send after them. At the close of the engagement the beach was covered by captives flying from their captors, and by pirates aban doned in a hostile count-J. The night closing, pre vented measures being taken in favour of the liberated captives. Several of them, however, got into the British boats, and represented the extensive , depreda tions committed by the pirates on the southern coast of Borneo, the Straits of Banks, and other places. Great praise is due to the officers, crews, and all engaged in the action, which it was hoped, with ulterior measures in preparation,. would remove the, curse of§piracy from those shores. The Nemesis was coaling, would call at Sarawack with Mr. Brooke, and was expected in a few days at Singapore. The treaty with the Sultan had been con cluded. A CURIOUS QUESTION.--A correspondent of the Rail way Times, in discussing the propriety of suspending rail way works, makes the following remarks:—"We have had thirty-two years of peace, and hardly twenty years of railway-making. Comparatively speaking, very little has been spent as yet on railways. Where, then, has all the accumulation of these years of peace gone to? To mention but one way. Immense sums have been spent in embel lishing, and uselessly decorating, houses and shops, at enormous cost. This is how the greater part has been sunk ! Query : If the sums laid out in fitting up linen drapers', tailor's shops, &c., or gin palaces, in the last twenty years, had been expended on railways, how many miles of railway would those sums have made ?—Answer : Very nearly the whole of the railway mileage made ' or authorised to be made, up to the end of last session! We can decorate, then, at immense cost, our gin shops, &c., but cannot make our railways." There is some truth in the fact of an enormous amount having been thus thrown away but we scarcely fancy that it would have sufficed to make all the railways completed up to this time. STATE OF THE IRISH PROVINCES.-After a period of unexampled tranquillity the old system of agrarian crime is again spreading through the southern provinces. The Limerick, Clare, and Tipperary outrages on person and property are becoming events of daily occurrence, and as complaints are general of the cessation of all employment, by reason of the termination of harvest labour, it is apprehended that this, in conjunction with many other circumstances, will lead to a season of more than average disquiet. Here is a wretched sample of Rockite legisla tion, having its origin, as usual, in a dispute about land, furnished by the Limerick Reporter :—' On Wednesday night last the house of a man named Kelly, who lives at Knocksentry, in this county, was attacked by an armed party, who knocked at the door and demanded admittance. Kelly, who was sitting at the fire eating his supper, rose with one of his children in his arms for the purpose of opening the door, when the parties outside fired, and shot' him dead. The child's legs are broken, as well from the effect of thg shot as from- the father falling on it. The murderers made their escape through the bog and have not since been taken. The cause of the murder is said to be something about land." OF EXCHANGE FROM INDIA.—At a special meeting of the Liverpool East India and China Associa tion, held on the 22nd of September, Mr. Charles Turner in the chair, it was unanimously resolved,—" That in the opinion of this association the term of ten months' date, at which bills of exchange are usually drawn from. Cal cutta upon England, is unnecessarily long for the legiti mate purposes of commerce, and gives encouragement to undue speculation and accommodation ; that a bill drawn from Calcutta upon England at six months' sight, would, in the opinion of this association, afford ample facilities to the merchants Connected with India for carrying on their business ; that whilst this association would not wish to throw any difficulties in the way of such fair accommoda tion as may be necessary to the carrying on a distant trade like that of India, they are of opinion that ten months' credit upon a bill of exchange is not requisite for this purpose ; that it is attended with very great risk by giving an undue extension to credit." The resolution went on to ,advise the members of the propriety of dis couraging the negociation of ten months' bills, and of en deavouring to establish a uniform usage of six mouths' bills. THE CORN. TRADE.—We learn from the monthly offi cial customs return that, during the month ending the sth September instant, there were imported into the United Kingdom, from foreign countries, 1,515,701 cwt. of corn, grain, meal and- flour, and • from British possessions 378,660 cwt., making a total of 1,894,361 cwt. There were admitted during the same month to home consump tion 1,891,794 cwt. ; and on the sth September there were remaining in warehouse 23,920 cwt. of which 21,802 were from foreign countries, and 2118 from British possessions. We have thus imported in one short month from foreign countries above a million and a half quarters of grain, meal, flour, &c. Considering that this heavy import must have been made without trenching upon the new crops, and may he regarded as the • sweepings of the Trans atlantic and the EaroPean granaries, after the harvest of 1846, it is clear that there must have been, somewhere or other, a stock on hand much too large to warrant any fears of impending famine and consequent- high prices. One million two hundred thousand quarters of grain, and one million: eight hundred thousand hundred weights of flour and meal per mantel would, if continued for a year or so, rather astonish our agricultural free traders. We might very Somi dispense altogether with the 13ritish plough. , Sept. 2S, 1847. LATEST INTELLIGENCE. (BY EXPRESS.) LONDON CORN MARKET.—YESTERDAY. • Our market this morning was well supplied with English Wheat, and most country markets held during the past week appear also to have been plentifully furnished by farmers, and prices gave way 3s. to 4s. per quarter ; a like decline had to be submitted to before the Essex and Kentish factors could make any progress in sales, but at that abatement a tolerable clear ance was effected. In Foreign Wheat the transactions were much more restricted than of late, at a reduction of 3s. Per quarter upon toe quotations of last Monday. Barrel Flour must be quoted 2s. to 3s. per barrel, and coun try Flour is. to 2s. lower. Barley met a steady sale at previous rates. The quantity of really fine horse corn that appears at market is so trifling that factors were enabled to obtain an advance of 6d. to Is. per quarter upon Oats answering this description; all secondary and inferior qualities were not dearer. White Peas, from their scarcity, brought 2s. more money. Beans were unaltered in value. SMITHFIELD CATTLE MARKET.—YESTERDAY. We have again a very great supply of Beasts, but a large - pro portion are of very inferior quality; these latter meet with very slow demand, and late prices are with difficulty supported. The best descriptions, being scarce, are sold quite as dear some choice Scots have made 4s. Sd. The number of Sheep is also large, including a great man) , that were left over from Friday last. Prime Downs, not being very plentiful, nearly reached late currencies ; but heavy, coarse-woolled Sheep were with difficulty disposed of at rather less money. There were about 6,020 from Holland and Ger many, several of which remained unsold. Trade is very dull for Calves; prices remain about the same. We have about 117 from abroad. Pigs are still dear. MONEY MARKET—YESTERDAY. Business began this morning at about the latest and lowest quotation of Saturday, namely, at 84 to 6 for the account. The advices from Cuina are certainly looked upon as much better than the public mind had been prepared for by prelimi nary announcements on the subject. The present rates marked for Consols are 85i to d for money, and 86 (exactly) for account. Exchequer Bills, 4s. to 7s. premium. SAFE INVESTMENT FOR SPARE CAPITAL. TO THE EDITOR OF THE LIVERPOOL STANDARD. SlR,—Charity begins at home • but the Times, forget ting the old maxim, with on e full stride has outstepped fair England altogether, and landed on poor Ireland's profligate landlords, with its powerful leading thunder bolts, which they richly deserve. But it is too bad to take no notice of the negligent landowners of England and Scotland in the leading journal of Europe. In fact, their keen eye must soon perceive that the capital of the kingdom is getting into wrong channels at railway speed? and the sooner the tide is turned before John Bull get s upon his last locomotive leg the better for all intereslS• The sooner the draining of the soil, the rooting out of old fences with their accompanying weeds, at present distri buting their seeds with such a lavishness over the country, with the removal of sitfast boulders, and the use of the subsoil plough when required, is commenced with all con venient speed, the better for our favoured islands, which could beat the world, were only a portion of British skill and capital brought to bear with effect on its dormant agriculture, so long and falsely entrenched behind the bulwarks of old and long prevailing custom. It is pitiable, at agricultural and other meetings, to hear great landown ers complimenting each other on the understanding sub sisting between them and their tenants, who generally have only a lease of one year, entirely at the caprice of the owner. How can agriculture improve under such dependent system ? where the interest in the soil is so very limited ; and how can the tenantry rise in respecta bility and attain influence, which their position as culti vators of the soil say they ought to occupy ; as farming the soil with effect requires a knowledge far greater than any other branch of employment in the kingdom, and it is only man's abuse, in not returning to the soil all the refuse, both solid and liquid, after the soil has been freed of its superfluous moisture, that causes any deterioration, as the atmosphere supplies very nearly all the rest. I am, sir, our obedint servant, Estrageath, Perthshire. y . WILLIAM EWING. O _n Friday, Michael' Ryan and Thomas Ryan were executed at Clonmel f or th e murder of sub_constable Crowdey. Neither of them made any- declaration as to their guilt or innocence. CURRENCY CONGRESS. —We understand that several gentlemen who take a deep interest in the currency ques tion are to meet this week in the metropolis from all parts of the country, for the purpose of holding a currency congress. The congress is expected to sit for several days, and will probably commence its labours on Thursday next. We are also informed that several of the gentle men who are to be present, and take part in the proceed.- • ings, are members of respectable banking firms in the provinces, and that others are partners in mercantile houses of high standing. There are, we are told, some differences of opinion among them as to the precise foot ing on which the currency of the country ought to be placed, but all are agreed in the propriety of an immediate and entire repeal of the Bank Restriction Oct of 1844- The great majority, we may further state, are for a re currence to a paper currency, and the re-issue of £1 notes. — Observer. RECOVERY OF THE BILLS STOLEN FROM ROGERS AND Co.'s BANK.---It transpired in London, on Saturday, that the notes stolen from the bank of Messrs. Rogers and CO have at length been recovered by that firm. The robber): took place, it will be recollected, in November 1844, and the amount of bank-notes was £43,000, and of gold £120 0 ; There were also many bills of exchange. The notes an bills are stated to have been returned on Friday t h e s' through the Parcels Delivery Company, just in the s_fl ng in which they were originally deposited in the :r h o room of the banking-house; but the gold, of . ccu r i use been made aw ~L, shape ay with. For the past year o of the amount has been granted to the firm in L" of an advance from the Bank of England on the deposit of security. The particulars of the recovery which has' now taken place, have not, So Ihr as we are aware . Tie publicly communicated, but a precis e ex pl ana ti on o f the circumstances is due to the merca n til e wor ld, au dit is to be presumed that it will be given. ANOTHER HEAVY FAILURE.—We have to-clay to nounce another serious failure, the apprehension of which has for the past few weeks been hanging over the money market. The old-established East India-house of Cock erell and Co. has suspended payment, and although their liabilities are understood to be below what the public would have anticipated, they are still extremely large, the total being £600,000, of which £500,000 consists of ac ceptances. The stoppage is to be attributed to the simul taneous pressure for money in this country and India, ag gravated by the discredit which in times of difficulty i 0 ways thrown upon houses which, like that of Cockerell and Co., instead of drawing upon a separate and independen t firm, carry on their correspondence with a duplicate establishment. Of the £500,000 acceptance of the Lon don house, it is, however, satisfactory to learn that onlY £300,000 consists of the draughts of the Calcutta house , - the remainder being drawn by other parties, whose en gagements may possibly be protected. We have at the same time to add (notwithstanding the right which the public from past experience have to distrust all statement s of a probable surplus on the part of a suspended firm)r that it is said by those who have investigated the ac counts, and whose opinion is in every respect entitled to weight, that there is in the present instance not only rea son to hope fora surplus, but also for a very considerable one. If such shall be the case, it will afford the most sin cere gratification to all parties, since there are few firms whose partners are individually more esteemed, Sit George Larpent, the recent candidate for the city, .was one o its most active members. Mr. John Cockerell, it will be remembered, was formerly in the Bank direction, but he resigned the office about ten years back, when it appeared to him that the extent of his own business might interfere with the fulfilment of its duties.—Times of Yes terday. ROYAL LIVER THEATRE.—The performances at this favourite establishment continue of a high order. During the vplca series of " poses plastiques" have been give 3' consisting of groups to illustrate George Cruicksh6 ol ‘ . striking engravings of the Bottle, or the fruits of inteT, perance. A very pretty young vocalist, Miss Hay, daug,q ter of the manager, has made a decided hit with the suer ence. During the week her singing of the beautiful bay lad, " On the Banks of Allan Water," has been received with rounds of applause. She possesses a fine organ, we, cultivated ; and promises to be a first-rate artist. L?`, night, she was well received in the ballad, " Conlin through the rye." THEATRE ROYAL, WILLIAMSON-SQUARE.--COW MENCEMENT OF THE WINTER SEASON.—This establish' ment opened last night for the winter season, under the permanent management. Mr. H. Coleman, with a power ful and efficient company. The theatre has been tho roughly cleansed, and the whole of the proscenium and fronts of the boxes repainted and decorated. The per; formances commenced with the " Flowers of the Forest, a three act drama by Mr. Buckst6n.e, which was played in London, last season upwards of a hundred nights. Tile cast was very effective, comprising Mr. Buckstone self, in his, original character as Cheap John, Mrs. Fitz william, and Miss K. Fitzwilliam, Mrs. Norman, Mrsi• Walton, Mr. Chute, Mr. J. Browne, Mr. Fitzroy, and other favourites. It is a stirring, bustling piece ; and w l 5 received throughout with great applause. Buckstone 5 Cheap John was irresistibly droll, as wasßrowne's Kinehin• Mrs. Fitzwilliam, and Miss Fitzwilliam, the former a 5 Starlight Bess and the latter as Jermuel, a gipsey boy? made the most of characters expressly suited to their powers. Mrs. Norman's Zingara was also a most credit able performance. A new drama, "The Jacobite," fol. lowed, and the whole concluded with the farce of " Th ° Devil to Pay." The house was an excellent one. SHIPPING INTELLIGENCE. - - MONDAY, 27th SEPTEMBER.—Wind S. ARRIVED.—AmeIia Mary, —, from New York. SAlLED.—Briton's Prid e , S cott, Constantinople—Ocean, O C Bahia—Gilbert Jamieson, Watson, Malta, &c.—Adelaide, Malta—Spruce, Clarke, Riga—Alicia, Doonbos, and Thomv Baring, Goth, Rotterdam—Watson, Frost, St. Petersbur g Carroll, Rae, Narva—Eady Bassitt, Neil, Nrwfoundland—u o a' tharine, Thompson, Bahia—Jane Blain, Killin, Cape of Goo_., Hope, &c.—Cairo, Child, New Orleans—Republic, Blevin, re York—Aurora, Donnenberg, Stetttin—Alliance, Robinson, a!'„ Conqueror, :Vl'Auley, Charleston—Phoenix, Knudsen, Chris tiana—Cicero, tiana—Cicero, Richardson, Cuba—Maria, Pilch, Dordt—Aje', ina, Gomilly, Halifax, N.S.—Aeroe, Goldsmau, Iceland-1 1 1', monie, Fethers, Leghorn—Giulia, Staparick, Malta, &c. publican, Appleton, Modenblik—Delaware, Patten, New t" leans—Annezma Elsica, Kouper, Rotterdam. Henry Winch, sailed from Calcutta for this port Gth May Caroline, sailed from Monte Video for this port 17th Jul!• Bell, Wells, hence at Rio Janeiro. Antelope, (steamer,) ditto at ditto, in 30 days. Esther Ann, Hunter, hence at Pernambuco. Osprey = Brown, from Callao at Cove. Confucrus, Scott, hence at Woosung Ist July. Milicete, Hunter, hence for Quebec, off Bic 25th Aug. 4t ii Effingham, Wilson, hence for Quebec, off Point de Mont August. Hannah Salkeld, Robinson, hence at Calcutta 7tn Aug. William Prowse, —, hence at Anjer. LIVERPOOL : TUESDAY, SEPT. 28, 1847. PRINTED AND PUBLISHED EVERY TUESDAY MORNIN G " By JOSHUA kLETCHER, LACE, of 53, G r o v e street, an d LEONARD ADDISON, of 14, Great O r f or d- s treet,. At No, 4, ST. QIWRGE'S CRESCANT, LIVERYO{A. 4 7- t_ /~: [tor MR Hall, or have tl •-•Ornp oc brated Last Ni leas exC pauper' time cc Lifebo a Scenas, Wife," and Gil Coloure Body, inence CO] th will be Admi Seats 3 s Concert ri i"E AI Old Pos Caralor, Price. Three S Rondo; GROV N" 50, The c' their ap render i appeal i express approhn Gentry and tru Week w Morr and 1 q %; Cl E Veni Nine 1) a) an TO-3f( Ticke can be] t ie ____ PAC -s APpii I' HF titled tc f pe r r ed. the L TZed ndr Wis e. contai n APPI , er to ai United A ot Tins Th e vir, The I Esq., T other in The C The a a portio Office ST. O N LAND , the E ve bent of ter to E i ng• T 1 oclock Brooks, Marlen, Addiso r Frances Abbott, Priem Dent, IN Frien Groves, All Fi • 1 :ion of CLO In Brio EIIONY Lon sT , N j 3 i P. L. 411 Porta l'eatest 13 Y thee ulateria' Dower tc and ern Plain an DriPrca LP • . F a grente &LAlt u Stand Ft I) CLII ( k Comp] A reat 41ourf 4:11 ext choieei t . 4 2 . 4 aPte c j „ra t i fin. an d 1.1-1 ,____