The Liverpool Standard and General Commercial Advertiser. — Liverpool, Merseyside, England, 1848-10-17 00:00:00

rr..•~ Since the arti sport, e overw well info the circu nn the st his obj tion b-eir. last, co ever could rr tion, on not producing the political object anticipated from it, however apparently binding upon the priesthood might be the securities and conditions which we might exact from them We refer to the letter itself, which appears in our columns this day ; and we ask our readers to peruse it carefully. After having done so they will, perhaps, read with no small amazement, and, per haps, a more decided feeling, the following remarks of the 2liail, in the same day's publication:— " We have considerable satisfaction in inviting attention to a letter which appears in another column from the Rev. Dr. M`Neile on the Endowment of the Irish Roman Catholic Clergy. It would appear that the reverend writer—perceiving clearly that a project which is regarded by the leading as a measure of State ne from fruitless tation against it and rather deems it the duty of a Christian patriot to co-operate in trying to make it a vehicle for conveying also legal rights to ecclesiastical for the Irish Laity,—if it be possible to render itrary ebullitions of them Independent of t' priestly domination." TO CORRESPONDENTS, which .appears in a pleased with the 1I) i.ibripool Otanbarb TUESDAY MORNING, y wetk a parag ssibr for Brea tions in concert with as a t and car 'ht have OCT. 17, 1848 neared in the thoritv of a lformed," . that tt candour to adm ion for - the Ro-man- " circles Med to the story a little of Doctor .tter had a On hi in question, Dr. of the to the edit his paper on S , oth Of n himse H and .. nd a clergyman r. He explained considered the tion to the measure in ques- leave t I wouli Ori of the All this wa! scents upon t ao plan I wa! the real our cont iyllable c claimed defiance I confi Aiments London, and in Dublin unfounded, if 'in some difficulty to )nduct in a pu e certainty of its nteresting aid have hor author he more a It is surprising how far the leaven of Tractarian ism can distort the plainest sentiments, and induce an honest mind to de erect misrepresentation of facts. Doctor M`Neile nowhere admits his perception that a project regarded by any descrip tion of statesmen as a measure of State necessity, must be inevitable ; and he grounds no part of his present course of action with respect to the measure upon such perception. The inference drawn must, of necessity, fall to the ground when the premiss He says distinctly, in his would do " if the endowment be here says anything which nd that is what the writer is a fabricated one letter. what 1. inevita ;hat he lisposed to refrain 5 he "rather deems Kristian to co-operate"—with its —in trying to make it a vain- but he now leaves it to be inferrec wants to be done-1 from a it the 1 ion aga] of a CI authors of course- able measure. On the contrary, he says precisely the revers , - Aft the above was written, our reporters re turned fx ,he mee ht, of the Jews' g verend gentleman Society, and we alluded to the subj himself ; and perhaps this is the most fi ucing thai portion s chairman of the ;ory speech, which le proceedings, he of his addr ting, an will be found in c said :-- I must, ho come among u this early opportunity to say übject ; s of this lly consented to tion from the Parent Society ; but that I wish to avail myself )rds publicly upon hat th 30 have assembly, love as in characterist of honest 'dealing and fair play, will excuse the digression. r.) The matter is personal, yet public. In one of .ed a paragraph last. Our Ideal ne here ar Saturc week: containing :int; that I had tr ;roes misrepresentation of ificd, and had been candid )n, of my opinions on the tep in national apostacy which is now very ger ;rstood to in contemplation went of to upon the lerted f subject with he national endow 'land. The para- that I in correspondence T INGLIS, who ie modification of 1 endowment on c talked of, and re-nrinte LI in other nawaiately their convictions and wishing to have If. I confirmed them. a consenting y )pinion, and st tam con ditio dered oc that the statement w those convictions confirmed by r _ I then wrote a letter exposing the misrepresentation, giv ing a full account of an unfinished conversation, in which I believed it to 1 origivat hich, however, there Lr Robert Inglis, de tever had taken place daring distinctly t in my spewing argurnenta ave approved would ly that able, owing to the cunning policy :heme as a national encouragemer try, in defiance cred command is letter to tl3( t of . Almighty God. _ (H paper in which the d. The letter will .ds to add, upon the H treatment b he conducto after an introc report of (Hear, hear.) of what I had disti tion, in a cool as and calculated to mislead ever 'raining, wisely ! refraining, patriot from fruitless agitation against the measure in question but rather that I deem it the duty of a Christ to co-operate in trying to make use of it, tains nothing of the kind—(hear, hear j y letter con- ;ement aothing to excuse the contrary, thus i endowment— anything suit- ournalist, without lad the writer ted he woul bile differing from uses `• considerable he prof ion to my letter, and then in :V! in callir ibing to its diates, and reiter expressly designed shimny which t I am spar of my own rds which I same paper unce himself who car able will never le is a p'ersOn whom every s intended as ly sever inst a brother journalist; butit betrays vise proverb about who live in glass a lam e ntable fo-nretfulnE : a proverb v to have had in ,ard may be sup rote his celebrated :ouplet— wer the co " fruitless agita .stianity enough left .ration on this subject cuing, sufficiently fruitful to defend our soved Sovereign's sole prerogative in these . of her dominions, and to hurl from their beats any betrayer of the integrity of that prerogative who would counsel the adoption of the fatal measure. (Great applause.) I trust the nation will detect and reject the flimsy sophism urged in the shape of argument,: that because we have been already betrayed into a sort of retail idolatry in our colonies and in May !moth, therefore we may as well, nay, better, go wilfully into it wholesale ; or, that because the priests, living on the contributions of the tenants, are already indirectly supported by the landlords, we may as well give them a direct national support, independent of both tenant and landlord. (Hear, hear, hear.) I can assure the writer of this article on my letter, that if it be wise, as he intimates, to refrain from agitation on this subject, I have not the slightest intention to be wise; deeply per suaded as I am that such wisdom is the wisdom of this world, which is, and always has been, and always must be, foolishness with God. (Immense apElause.) and cl is sound Ci to render the ag among us still, which is just be ;ramous ana and all other abused of that se, but it wrs inserted atchini the eye of oundinz comment. then read the extract from a have printec EAT INGLIS her Not a 1. the unfounded his honoure .en rashly a nam Lnd red TIII LIVERPOOL STANDARD. VMtgg= IT has been the practice of "the leading Journal naturally attends such an effort, if unsuccessful, of of Euiope," as it delights to be called, every two inflicting the punishment of the law upon the of or three years to give the note of preparation for fenders. In the meanwhile, what is the position of ome astounding change in its own views and in this people—so recently claiming to be an inde -- And we have frequently had pendent nation—openly treating our connexion ',Lie consummate craft with which the with them as an insult and an injustice, and repu opera here has been effected. The transition is not diating the idea of any benefit to themselves being made per salturn, but by stages. Take for exam- derivable from such connexion ? It is the ordinary ple the question of Corn-law Repeal. First, the position in which Ireland has been placed at least Times merely indicated a willingness to hold the one winter out of every three during the past fifty clothes of the combatants, coming in to the rescue, years. She approaches us once more, unblushing occasionally, when Mr. Cobden, or any other of and unabashed by any sense of past ingratitude his fellow-agitators, was in difficulties; pelting the and irreclaimable habits of improvidence, as a men ultra pro* - ridicule dicant, soliciting to he clothed and fed out of the of gat( ctionists with vollies of sums+ hilitv of s proceeds of British industry. It is humiliating to read the terms in which the demand is made, by no less influential a body than a meeting of the Roman Catholic bishops and archbishops, held in Dublin ''— 11th instant. The meeting state in their • that, "They contemplate with grief, anxiety, and alarm, the impending famine, and the miseries which another year of destitution must nglv suspect that we are about to wit- necessarily entail on an already impoverished people, 'hose conversions, of which o.rr many of whom will inevitably perish of want during " - -nuently been permitted to the approaching season, if some general and corn -qcy of the country— prehensive measures for their relief be not adopted ! - - I %hourhood, without delay." It of course never struck these resolutionists to interfere to stop the wanton waste • • - - I —mictrations of rebellion, and of in the con- nission that the Lt the clima K was reached when the ature of I ad min if those conversio, 3as so frequently b contemn be the the men of I wes has been ever especi- s~:rFhn~:.+ ~.,~ . ~- ZgIMNP/iiir THE DEPRESSION OF THE COTTON TRADE IN all its branches the trade in cotton is undergoing a very severe and trying ordeal ; for, low and depressed as the raw material just now is, the margin between it and the manufactured article was never before reduced to so small a scale. Fortunately for the operative classes, prices of the raw material are so low that the manufacturer cannot run much, if any, risk in keep ing his machinery in motion, and thus giving employ ment and subsistence to his numerous dependents. The position of the importer is still less enviable; many of the most prudent merchants have gone largely into the article which (at the rates current in America for some months past) was considered "as safe as gold," and they now find it arriving at an overstocked market, em barrassed by a disturbed and unsettled state of the Con tinent, and also at a time when an opinion pre vails that the coming crop of cotton in America will be an overwhelming one. Without committing ourselves to any decided opinion, we would throw out, for consideration, one or two sug- gestions. 1. The extent of crop has yet to be settled by early frost, or no frost at all, and this cannot be known here till late in November; or early in December. If we should fortunately (for abundance of cotton is the next best thing to abundance of food) have an overwhelming crop, freights which are now ruling at a farthing to three-eighths per lb., may, and probably will, as in 1844, run up to three farthings and a penny per lb. ; and we should pro bably have to contend against an adverse exchange, so that cotton in America must be almost given away to leave any profit for disposal in our declining market. 2. The supply from India must be almost cut off, they cannot, it is well known, compete with America at the same price, lb. for lb. • 3. The cheapness of American Cotton is fast driving our long stapled Egyptian and Bengal Cotton out of use in this country; the fineness and silkiness of the Sea Island, if at all on a par in price, being infinitely preferred. 4. A large import of American will be required to keep up the plentiful supply, and it is entirely owing to this, and to the pressure to sell freely, that prices are so uneven and unsteady. LATEST INTELLIGENCE. (BY EXPRESS.) LATEST FROM PARIS PARIS, SUNDAY, 6.30 P.M The state of Paris to-day, and especially the faubourgs, is such as you may have anticipated from the contents of my despatches last night. The rumour everywhere cir culated is, that we are on the eve of a crisis. Tuesday is named by many to-day as the epoch at which it will break forth. Some, however, deny that matters are yet ripe. The immediate exciting causes are the news from Vienna and the change in the government here. The clubs are everywhere assembling, and the state of siege does not prevent innumerable private meetings. It is reported to-day that several of the clubs propose to declare themselves en permanence. Many of them have voted addresses of felicitation to the inhabitants of Vienna, in which they declare that it is impossible for France to remain behind Austria. LONDON MONEY MARKET YESTERDAY The funds have been heavy this morning, with free sellers. We have now, however, a slight improvement in Consols. which are quoted at 841 to 5, both for money and time, but with less business doing. Reduced Threes are 833 to 1. Three-and-a- Quarter per Cents., 844 to 1. Bank Stock, 183 to 6. Exchequer Bills, 345. to 375. premium. Foreign stocks are quoted rather lower, with a market very depressed. We have Spanish Fives at 101 to 114 ; the Threes, 211 to 24. Passive, 23 to 3i. Portu guese, 223 to 233. Russian are down to 97 to 9. Danish. 65 to 8. Dutch Two-and-a-half per Cents., 433 to 43 ; the Fours, 673 to 83. Mexican, 19 to 3. Peruvian, 31 to 3. Chilian, 82 to 4. Brazilian are lower, at 71 to 3. LONDON SHARE MARKET.-YESTERDAY The market for London and North Western shares this morning is 102; North Staffordshires have again been done at 8 dis.; Caledonian Preference, at 55.; Shropshire Unions, at 7s. 6d.; Shrewsbury and Birmingham (Class A), at ; Great Northern (A), at 2/1. The account is passing quietly over, but heavy differences are being paid. West Riding 'Unions, paid 7 dis. LONDON CORN MARKET YESTERDAY Our market was shortly supplied with English Wheat this morning, by land carriage samples from the near counties. The few parcels of tine Wheat realised about last Monday's prices ; but the general runs must be quoted 2s. lower. Foreign arrivals are again large, exceeding 45,000 qrs. up to Saturday night, since which about 15,000 quarters have come to hand. Fine qualities of Dantzic and Rostock Wheat could not be bought much cheaper, but to make any progress with other descriptions, a decline of 2s. per qr. upon last Monday's quo tations had to be submitted to. Flour a slow sale s without alteration in. town-made; but ship samples and• French sack were ls. to 2s. lower. Choice malting Barley maintains its value, being very scarce; other qualities were almost unsalea ble. Oats were a heavy trade, at a decline of 6d. to ls. Beans and grey and maple Peas, without alteration ; white Peas 2s. cheaiier SMITHFIELD CATTLE MARKET. .-YESTERDAY We have an extraordinary increase in the supply of Beasts ; the weather has also changed unfavourably ; lower prices are consequently submitted to, although the demand is consider able. It is likely almost everything will be cleared off. There are a few more Sheep, and the demand is limited ; trade is very slow, at rather less money than on Friday, but about the same as on Monday last. Although the number of Calves is not large, it exceeds the demand, and there is a reduction of fully 2d. per 81bs. on all kinds. Pigli'are not selling quite so well. THE LONDON AND NORTH-WESTERN RAIL- WAY AND THE PUBLIC We gave some particulars of the position bf this gigantic concern last week, as stated, .in an appendix to his pamph let, " the Bubble of the Age," by Mr. Arthur Smith , one of the most painstaking amongst the exponents of the railway system. By-the-bye, our compositors gave him the name of Albert Smith, of facetious, instead of statis tical, repute—a totally different sort of personage. The statements of Mr. Smith appeared to us of so startling a nature, and so calculated to unsettle the public mind, in the absence of intelligible data, upon which people could be enabled to form- a judgment for themselves, that we urged upon the company the extreme desirableness of their furnishing, forthwith, a full and intelligible explana tion of their position, their liabilities, and future pros pects, convinced, from our knowledge of the high character of the board of directors, that they could have nothing of an improper nature to conceal, and much to gain by frank ness. We are happy to find that the course we suggested has been determined upon ; and that such an explanatory statement is being prepared, and in a few days will be made public. Until the appearance of such document we had con cluded to advert no further to the question, and we are only induced to recur to it now to notice the extreme wildness of the estimates, which are being published. One of these—not of so extreme a character as the rest — appeared in one of the city articles of the Times last week, which contains, we are assured, many gross inaccu racies. The writer enters into a statement, purporting to shew that, in order to pay preferential charges—guaran teed interest on property of the company in certain lines, rent of the North-Union, and interest on loans to the amount borrowed of £12,000,000 at 42 per cent—X642,764 will be required. He sets down next, the capital of the London and North-Western stocks and shares, if all called up, at £21',047,675, an amount which we conceive must include the loans, or a large portion of them ; for we gave, in our last, the total capital of the North-estern. as openect for 349 k miles, at only £14,440,000, as per their half-yearly return for December, 1848. Their nett revenue for the same half year was £647,855, from which, unless the preferential interest is capitalised in the £21,047,675, the half of £642,764, or £321,382 would have to be deducted, leaving only £321,473 applicable for the six months dividend on £21,047,672, or X 12,360 per week. HOW TO RESTORE PUBLIC CONFIDENCE IN RAILWAYS.* A pamphlet, in which the above question is canvassed, has just been placed before us, from the pen of Mr. Wills, sharebroker, of this town ; a gentleman who has devoted a large amount of attention to the intrinsic merits of our various railway schemes, and whose pub lished and private opinions upon the subject, generally, have always been very highly valued. On this account, and because it is most important at the present disastrous crisis in railway property that right views should be arrived at, we propose to bring the contents of this pamphlet in our readers Mr. Wills sets out with a strong condemnation of the recklessness with which money was expended ,two years ago by the leading companies, in wanton aggressions against each other, by the projection of new lines and branch lines of their own, or by giving their support to new companies, through whom they imagined they might inflict injury upon their rivals, and add to their own influ ence. To the vast incumbrances which they brought thus upon themselves he attributes a portion of the alarm now operating upon the public mind. Another very material cause is the rapid rate at which calls have been all along made and pressed upon solvent shareholders, whilst others, in some instances a majority, were allowed to fall largely in arrear. The result is that the really good men are compelled to sell at whatever price they can get, or in many cases to transfer their shares to men of straw to pre vent being swamped along with the insolvent holders. As a remedy for this evil Mr. Wills says : "If a party is unable to pay a first call, it is clear that he can not pay a second, and a third, and a fourth ; therefore, it is the duty of directors to test the ability of all their shareholders, and to compel the payment of one call, by every individual who is able to pay, before a second is announced. And if, after the most strenuous efforts to collect the entire amount of one call, a large proportion still remains outstanding, the worthless cha racter of the resister—thereby made manifest—should at once convince the directors of the impolicy and impropriety of pro ceeding any further with the works, until they have laid the real facts of the case before a general meeting of the responsible shareholders." The practice, however, has been with cori.panies, when in this condition, to go into the market for money at a high rate of interest, by the creation of preferential shares at guaranteed dividends. This process operates not only to injure the character generally of the line which adopts it, but by the depression in prices which it at once creates, operates most unjustly upon the original shareholders who have performed their obligations, and are consequently guiltless in the case. The various devices which companies have hitherto had recourse to, as remedial of their depressed position, and to escape from their difficulties, have proved themselves, Mr. Mills contends, complete failures ; and he proceeds to lay down the policy which he would propose, and which is described as " economical, non-aggressive, and empha tically utilitarian." adoption by any particular company, would involve the reduction of all expenses to the lowest point, of which the sub stantial construction of the lines in progress,. and the efficient working of the lines in operation, will admit : the abandon ment, as far as practicable, of all territorial extension schemes beyond the limit of its own peculiar district, and indeed of all works of questionable utility, and whose satisfactory progress and completion, is rendered impossible by the financial position of the company." As an instance, he describes what be would do in the case of a line in car own neighbourhood—the Birkenhead, Lancashire, and Cheshire Junction Railway. We need not here go into the history of this line, its growth in extent and capital, its amalgamations and guarantees. All these movements of the company he considers origi nated in the spirit of aggression manifested in its projection as a competing project to the Liverpool and Manchester. Fortunately for the shareholders, he says, a large por tion of whom are heavily in arrear, no progress has been made on any portion of the line r except on the fourteen miles between Chesterand the London and North-Western Company's line at Keakwick. He would at once begin to reduce the extent of the concern r and thus relieve the unfortunate shareholders from a portion of their liabili ties, by abandoning the branch of nine miles from Hooton, on the Chester and Birkenhead line, to Helsby Marsh ; also that portion of the line which runs parallel with the London and North-Western line from Keakwick to War rington. The line from Warrington to Stockport (18 miles) he considers ought to be abandoned, and ought never to have been taken up by this company. According to the estimate of the entire line, a saving would be thus effected of £930,000, which would leave only £l. per share to be called up to finish the whole of the really necessary part of the undertaking—provided the arrears of calls and the sums due to the Birkenhead Dock Trustees and Commis sioners were recovered. As this is doubtful, he would fix the amount of each share at £l3 10s., leaving £3 10s. to be called upon the £lO already paid. The calls should be spread over some period, and in light sums. He would also insist in this as in all other cases, that the capital account should be promptly closed. Mr. Wills continues : " The immediate effect of such an arrangement would be to enhance the value of the shares, and to enable all who were unable to pay, to dispose of their shares at a price that would realise at least the amount of calls in arrears. When officially announced, and agreed to at a general meeting of proprietors, it would do more towards raising the funds required for the completion of the works, than a call of .e 5 per share in the present position of the company.—A glance at the map will show that the really useful portion of the line is that between Chester and Keakwick, and that this, as an extension of the old Cheater and Birkenhead line, in connexion with the London and North Western, would form a sufficiently direct communi cation between Birkenhead, Chester, and the manufacturing districts.—Thus curtailed and reduced within its proper limits, the Birkenhead, Lancashire, and Cheshire Junction, when completed, would prove one of the most remunerative lines- in the kingdom. All the Irish traffic, viii Holyhead, to Liverpool, Manchester, and the North of England, and all the Welsh traffic, viu Shrewsbury and Oswestry, must of necessity pass over it. Already the partial opening of the Chester and holy head, and the North Wales Mineral lines, is daily increasing the traffic between Chester and Birkenhead. What the traffic would be, were all these in full operation, and the Cheshire Junction completed as we have suggested, we leave others to calculate." Shareholders, generally, he contends, in forcible lan guage, for which we refer our readers to the pamphlet, ought to adopt the pressure from without to procure such measures being at once resorted to. * Railway Reform, or How to Restore Public Confidence in Railway Property. By John Wills. Liverpool: G. Arnold and Co., 1848. GENERAL TRADE REPORT. Monday Night We cannot congratulate our readers upon any improve ment in commercial- matters since our last. Any ten dency to an increase in our export trade which may have manifested itself here and in the manufacturing districts has been checked by the insurrectionary proceedings in Vienna, and Consols were driven back on Saturday to 84k, and closed at 84i for money and 84-1 to 85 for the account. Manufacturers are evidently acting very cautiously at the present time, working almost exclusively for orders, and thus keeping their-stocks low ; meanwhile their purchases of the raw material.are little more than sufficient to keep them going ; so that a favourable reaction, whenever it comes, must produce an almost instantaneous resumption of activity in the trade generally. SHARES continue (to use an expression of the Times) in a state of " unmitigated heaviness," with prices rece ding daily. London stock has this day been done at par, and Midland at 271 dis. The Sugar market continues to have a very gloomy ap pearance, and, to effect sales, former rates cannot be ob tained. Since Thursday last the grocers have taken 2,000 Bengal at 395. 3d. for grainy yellow, 38s. 6d. to 395. for good white, and 325. 6d. for low brown—no enquiry for West India. 70 hhds. foreign have been sold' at 375. 6d. Nothing doing in,Rum. The demand for Molasses is very limited : 16s. was bid for a parcel of Trinidads, but the owners would not take less than 16s. 6d. Not much en quiry for Rice 1000 bags good barrelled to fine white realised lls. 9d. to 12s. 6d., and 200 bags small broken 9s. 6d. per cwt. The London market is now ls. to ls.6d. cheaper for the low kinds of Rice. Coffee is more sought after, but previous low rates cannot be improved upon : 70 tees. Jamaica by auction fetched_ 20s. to 38s. 6d. per cwt. ; 200 bags Colony Ira Guayra, 375..; 200 bags low I Rios, 235. ficl. ; 100 bags Trinidad Cocoa, 38s. The busy season for FOREIGN Faurr may be said to have now fairly commenced. The price asked for fine new Patras Currants is 435. per cwt., which is 3s. to 4s. below last year's opening price. It is too early vet for the display. of much activity in the demand for Raisins, and new Malaga Muscatels, for which (fair fruit) 445. were demanded for Bunch, and 525. 6d. for Layers, at the commencement, are now quoted at 375. for ordinary Bunch,, and 455. for ordinary Layers really fine fruit, however, commands 425. @ 455. for iunch, and 50s. @ 655. for Layers. New Turkey Fios of fine quality realise 655. @ 755., and inferior, 455. @ 565. Prunes are offered at 235. @ 245. per barrel, and are expected to enter largely into consumption at this low figure. Almonds sell freely at £7 @ £7 10s. per cwt. No Oranges yet. Malaga Lemons realize 30s. the half-chest. Lisbon Grapes fetch good prices : Black, per half-box , 14s. @ 18s. • Green, 10s. @ 12s. Malaga Ditto, Ns. @2os. per barrel. Nuts are not much inquired for : Barcelona, 445. per bag ; Si cily, 355. ; Turkey, 255. American Apples are neglected by dealers, the imports continuing small and green, Ios. to 17s. being the general range of prices. Fine fruit-would meet a ready market, in proof of which one little parcel superior quality realised 355. 6d. per barrel. Our own crop of Onions this year being l a rge, foreign imports do not sell well; those from Oporto can be had now at Bs. 6d. per box. There has been a better demand this week for COTTON for export ; but the trade continuing to hold back, business has been only moderate. In somo instances a declination has taken place in the value of the middle and better classes of American of id. per lb., and generally prices are a shade lower. There was only a moderate demand for Cotton on Saturday. The sales were 3,000 bales, 600 of which were taken for export, and prices were without change. The sales TO-DAY are estimated at 4,500 bales, including 500 for export. There has been a fair enquiry, but the market is very heavy. There was perhaps never less doing in the WOOL mar ket than there is at present. but as holders are not press ing sales, prices have not suffered any change of moment. Tsiu PIG IRON market continues without animation,, and prices are a shade lower; mixed Nos. at Glasgow 43s to 445. Notwithstanding the shock which the money market experienced during the week, a manifest firmness has been maintained in mining shares. The CORN market here has produced no novelty since Friday. The chief imports subsequently comprise 1000 qrs. Wheat from Europe, 1956 qrs. Oats and 1180 sacks Flour from Ireland, and 3237 qrs. Indian Corn and 6108 barrels Flour from the United States ; and a number of grain-laden vessels from the Baltic are up to arrive to morrow (Tuesday). The markets throughout the country show a decline in the value of most articles of the trade. The POTATOES are better spoken of again generally. A letter from Belfast says-" The disease does not seem to progress, and our farmers are not raising or consuming them so recklessly as formerly." From 'Waterford " the accounts respecting the disease are more hopeful than of late; and we are inclined to expect that liQund ones wilt This obviously is a preposterously incorrect calculation: and its incorrectness is increased by his adding to it £6,250,000 in round numbers for other lines, all of which are yet incomplete, and yielding no revenue. The result which he thus establishes is, that it will require a gross traffic of £70,000 per week to pay 7 per cent. dividend, the present weekly traffic being only £44,400 per. week. Our contemporary, the Albion, assuming the Times calcula tion to be correct, shows that the actual receipts weekly are £2002 short of what is required to pay a 4 per cent. dividend, which he conceives is very fairy looking at the prices of consols ; and this increase he says will be made up, as it is understood that the Company will not go on with all the lines in• which they are engaged—a fact of which we are assured. Whilst such statements as these are put forth in credi table quarters, as the result of accurate calculation, it is incumbent, we think, in every holder of these shares to pause before parting with them at such prices as are now induced by the panic which they occasion in timid or unenquiring minds. We say to all such parties—" hold on until you have the accurate, statement of your direc tors, which we feel confident will be both honest and reassuring." At a meeting last night of the electors of Everton Ward Mr. Langsdale advocated the rating of the public property of the town, and it was resolved to support him. WEST DERBY WA-RD.—An adjourned meeting of the electors of this ward took place last night. Mr. Plant oc cupied the chair, and asked if there were present any friends of Mr. Thos Smith who wished to propose that gentleman as a candidate far the Ward. No one answer ing, Mr. Hardy, in order that it might not be said that Mr- Smith had not had a clear stage, proposed him as a candidate ; but the motion was not seconded. It was then resolved to support Mr. Beckwith at the forthcoming con test. FATAL ACCIDENT.—On Saturday evening, bet ween six and seven o'clock, James Gresham, residing in Mill-lane, Shaw's-brow, whose father keeps a shop in St. John's Fishmarket ; whilst looking out for the arrival of boats, accidentally fell from the north end of George's Pier. The tide was out at the time, and he fell head foremost on the stones in the water-course below. His skull was seriously fractured and he soon expired. The deceased has left a wife and family to lament his loss. CHARGE OF STEALING MONEY FROM AN EMPLOYER.— Yesterday, at the Police-court, a respectably clad young man, named John Joaes, was charged with abstracting money from the shop of his employer, Mr. Goodacre, tea dealer, corner of Manchester -street. Mr. Goodacre said he had missed sums of money from time to time, from a small cash-box, and also (as we understood him) from the till, and his suspicions being roused he had marked some half-crowns, &c. The prisoner was apprehended, and a number of half-crowns were found upon him, including one of the marked ones, which was distinctly sworn to, The prisoner was committed for trial at the sessions. Oct. 17, Mt. be found farther into the new year than many others do. A large crop (for _these years) has undou'itedly been raised - . and we . incline to 'thinli that the proportion dis eased has been measured more by the crop of the past year than the present one." THE IRISH AND A .OvISIO~ TRADES The recent supplies of Irish Beef are coming into com petition with the American article, and although nothing is at present offered below 955. per tierce, which is the highest price of U. S. " Prime Mess," there is a probabi lity that curers will effect further reductions. New Ame rican is still taken at full prices. The only alteration in the value of American Pork is in the inferior qualities of " Prime Mes.," which, in con sequence of the continued arrivals, has receded from 385. • to 365. per barrel of 200th. as the minimum price. Both Irish and American Bacon give limited returns of sales. The latter is low in stock, and the former i 3 still held at too high rates to find favour in the market, al though a superior article is now offering at 565. @ 58s. free on board, for delivery during the next six months. In the absence of supply, there has been scarcely any movement in Cheese; the arrivals, however, are consi derable, and a large quantity will be offered by auction this day. Theie havebeen few sales of AmericanLardthisweek,and in those qualities from good to fine a reduction of 2s. per cwt. was submitted to, the present prices being—fine, 425. @ 435. ; good, 40s. @ 41s. This is doubtless owing to the low figure at which the inferior kinds of Butter are brought into the market, superseding to a great extent the use of Lard for culinary purposes. Irish Butter has arrived this week in large quantities, amounting to 12,109 firkins, 1299 crocks. Holders being disposed to sell middling qualities at a reduction of 2s. @ 3s. per cwt., (70s. being about the figure,) a fair business has been done at that abatement ; better kinds, however, maintain about their previous value. Canada Butter sells at 60s. @ 665., and Grease ditto at 425. a 465. RICAN PRODUCE There has been an improved demand during the week for Montreal Pot Ashes, and the stock being much reduced, an advance of ls. per cwt. is now generally required. Quercitron Bark is neglected, and to effect sales lower prices would have to be submitted to. For Tallow there has been very little enquiry, and prices are with difficulty maintained. Small sales of Common Rosin have been made at 3s. 6d. to 3s. 9d., but very fine, being scarce, has realised 10s. to 12s. 6d. Tar continues in request, and 800 barrels on the spot, and to arrive, have been sold at 14s. 6d. Linseed Oil Cakes sell readily, on arrival, at steady prices. Rice is difficult to sell, and ls. to 2s. per cwt. lower. By the last returns from the Bank of England, the amount of notes in circulation is £17,475,475, be ing a decrease of £73,545 ; and the stock of bullion is both departments is £13,417,241, showing a decrease of £261,252, when compared with the preceding return. The Court House at Clonmel now is very scantily at tended. The Rev. Dr. Cooke has resigned his presbytery ill Belfast. The Cork Constitution of Saturday says that Mr. O'Brien has become much dejected, and deeply bemoans the misery and wretchedness he has brought down upon his innocent family. The trial of Mr. Donoghue being closed at 5 o'clock on Saturday, Mr. Justice Moore proceeded to sum up the evidence, and concluded at 7. The jury then retired, but had not delivered their verdict when our despatch left. The Duke of Wellington arrived at Apsley House, on Saturday afternoon, from Walmer Castle, and shortly afterwards left for Windsor Castle, on a visit to' her Majesty. THE IRISH POLITICAL CONVICTS.—The Dragon r 6, steam-frigate, Captain W. H. Hall, has proceeded from Waterford to Cork, and there awaits orders to receive on board the Irish political convicts for transportation to any place " beyond the seas."— United Service Gazette. The widow of Thomas Moses died at Trough Lane Foot, in the township of Lynesack and Softley, on Friday, Sep tember 26, aged 96 years. Another old woman, in the same township, died a few weeks ago, aged 91 years; and' there are still living three women in the same township' whose united ages are 285 years—averaging 95 years each. COLLEGE OF ' CHEMISTRY.—This institution is now open every day, and every description of information on practical chemistry is imparted to the students. We believe that Dr. Muspratt has not established the college for any personal remuneration, but that he wishes to take one step to make Liverpool as celebrated for science as she is justly for commerce. ASSUMPTIONS or POPERY.—The Sydney Chronicle Romish paper says, "As the bull of his Holiness Pope Pius IX., appointing Dr. Goold to the episcopal bench, bears date prior to the letters patent under which Dr. Perry holds office as the Anglican Bishop of Melbourne, Dr. Goold will be entitled to the precedence." What nest! SPOT ON THE SuN.—The large spot on the sun, which attracted attention about a fortnight since, is again brought into view by the rotation of the sun on its axis, and was observed on the 13th instant as a fine dark line upon the extreme edge of the sun's disk, towards the south-east. The spot is likely to be visible till about the 26th of this month, and will probably appear again so large as to be visible without a telescope, about the 17th, for several days. THE LORD MAYOR OF LONDON IN PARIS.-The Paris correspondent of the Spectator states that the Common Council of Paris and the Etat Major of the National Guard intend to give a great entertainment to the National Guards who came to the rescue of Paris during the battle of June. It is reported that the Lord Mayor and Alder men of London are to receive an invitation, as a mark of gratitude for the reception given to the French National Guards who have lately visited London.. The application for a divorce in the Philadelphia courts, by Mr. Pierce Butler, against his wife, Fanny Kemble Butler, is on the ground that she has deserted him for two years, having been abroad for that time in Europe. Mrs. Butler resists the application, and as a large fortune is depending on the question, whether the wife shall have her legal portion or be cut off by a divorce, the case will be one of interest. Mrs. Fanny Kemble Butler is among the visitors at the Revere House, Boston. She will soon re-appear, it is said, on the boards of the Park Theatre, New York.—Montreal Pilot. STRANGE CONDUCT.—More than ordinary indignation has been evinced at Perth towards the officials at the Scottish Central Railway, in consequence of the conduct they displayed in declining to convey the Duchess of Su therland along their line on Sunday last, on the occasion of her being summoned to the bedside of her dying pa rent, the Earl of Carlisle, at Castle Toward, in York shire. The Duchess hired a steamer, and crossed the ferry to Edinburgh, but did. not arrive in time to see her father alive. Her Grace only received-the summons on Friday night, at Dunrobin Castle, and travelling as quickly as possible, reached Perth on Sunday morning.-- Glasgow Reformer. THE SCHOOLMASTER AT FAULT,—There is a remark able instance of " dulness" existing at this time, in a boy, a native of Haughton-le-Skerne, in this county. All pains have been taken to instruct, and to impress upon his memory the first rudiments of a scholastic education, without the slightest apparent effect. In other respects he is a good natured, amiable, and lively boy ; but, so far as the alphabet goes, he exceeds the usual bounds of slow development—having been already three and a half years at school without acquiring the knowledge of the first let ter A! His father, thinking that the boy was not pro perly taken care of, tried to instruct him, but after several months' labour, has failed in advancing him further. — Durham A4ivertiser. SHIPPING INT. ELLIGENCE MONDAY, OCTOBER 16.—Wind N.E., fresh. ARRlVED.—Evfirgreen, Brown, from Quebec—Zephyrus, Ward, St. Petersburg—Mary Campbell, Cilchrist, Konigsberg —Pomerania, Krause, Dai.zic—Wanderer, Beck, Brake. SAIT Ba.—Beccles, Taylor, Africa—Bertha, Mitchell, Con stantinople—Elizabeth, Beverley, Rotterdam—Delhi, Wheeler, Sincapore—Lucritia, Gillman, Vera Cruz—Eliza Ernest, Cher bourg—Grasmere, Vale, Alexandria, E.—Leda, Absolom, Bei rout—Hoop en Verwochting, Pyles, Rotterdam. Bell, Walsh, from Prince Edward's Island, at Kingstown Ocoan Queen, l'iinitigharn, from Danzic, at Pembroke. FALMOUTH, i4th Oct =The barque Regina, of London, sugar laden, was fallen in with 27th Sept., in lat. 41, long. 54, with loss.of main and mizen masts, and abandoned, by the Augoste and Bertha.—Mem. The Regina, Freeman, arrived at Antigua 28th Aug., from Dominica, to fill up, and sailed thence on the sth Sept. for London. METEOROLOGICAL REGISTER, SIR. C. H. CHADBURN, 71, LORD-STREET ATMOSPHR'RIC Temperature in Humidity at Fan of Pressure at shadebyself- Noon. Wind of registering Diff erence of at thermometer oimmeitne. bulb.r Wet and Dry Rain. Noan. Na.imne. tion In. In. D( 2910 , 5' 11j 30'03 30'03 I 56 12:3 0. 07 30'13 54 13; 30.25 30.30, 14; 30'28 3016 1 53 1 48 54 I 45 ' - I E.N.E o'o4 N.H. THE WEATUER.-10th: brilliant; squalls.-11th: bri: —l2th: bright ; night, clouded.-13th: ditto.-14th : night, light rains.-15th; clouded, rain.-16th clouded. LIVERPOOL CATTLE MARKET-YESTERDAY The supply of Cattle and Sheep was smaller than last week, and prices of each were id. per lb. higher. Best Beef, sd. to 52d. ; Mutton, 53d. to 61. per lb. LIVERPOOL : TUESDAY, OCT. 17, 1848. PRINTED AND PUBLISHED EVERY TUESDAY MORNING, By JOSHUA FLETCHER LACE, •f 53_, Grove street, and; LEONARD ADDISON, of 14, drest Orford-street, At No. 4. ST. GEORGE'S CRESCENT. LIVERPOOL. Orders for Advertisements received by Messrs. Newton awl Co., Warwick-square; Barker and White, Fleet-street; Deacon, Walbrook ; Reynell,Chancery-lane ; Charle,s Barker. Birchin-lane; Joseph Thomas, 1, Finch-lane, Cornhill ; Men den Hammond, 27, Lombard-street; Mitchell, 8, Red Lion court, Fleet-street; Lewis and Lowe, 3, Castle-court, Corn' hill; at the London Commercial Coffee-house, Mincing-lane; at the Jerusalem Coffee-house, Conihill; Chapter Coffee house, Paternoster-row ; North and South American Coffee house, Threadneedle-street ; Parsons, 9, Ave-Maria-lan e, London; Johnston and Co., Eden Quay, Dublin; Wheeler , Exchange-street, and C. H. Lewis, Market-street, Manches ter; Haddock, and J. and W. Booth, Booksellers, Warrill ton ; Clarke, Pilot-office, Preston; and Wright and Dlo!' Herald-office, Birmingham ; Harthill and Salmond No. Is Prince's-square, Buchanan-street, Glasgow. BIRKENHEAD ; TODHUNTER, Chester-street •, LAW Ag PINKNEY, Argyle-street; OSBORNE, Chester-street; Om"- GRIFFITH, Hamilton-street. ANNUAL SUBSCRIPTION. IN ADVANCE., lBB. j ON CREDIT ' , l isle, Is Then came the ad- gre 4- 7 es announced, ail protection of the native agricul- e total I resolution The moneyoc nl-mrd-RtrPpt for whose welfare the rade, in no very easy po- money in pikes, muskets, and gunpowder, during sition ; and - are looking forward with a little trepi- the previous part of the year; or to urge upon them dation to the approach of Christmas. There are, the adoption of improved modes of culture and the it is hinted, some securities in their strong boxes, necessity of more constant habits of industry. and those of their friends, which are negociable They were permitted to huddle their wretched crop with difficulty and are -daily decreasing in value. of potatoes into the ground, only half dug and It was fun for these men, and their organ, two trenched, and wholly unmanured, and to devote years ago, to be sweeping out of the market bubble two or three days out of the seven to drunken re projects—to see stags and provisional directors vellings at feasts and "pattherns," wakes and fairs, " hoist with their own petard," lighted by the fire whilst it was growing. The crop, which others of leading and city articles. The fun, however, it warned them not to trust to, has failed; and we would seem, has gone too far. The bubbles have are asked, for the thousandth time, to pay for all effectually trodden down; but the wreck has ex- their improvidence and folly, in the first place, by tended beyond the limits prescribed for it. It is affording employment, and in the next, "to use all not pleasant to see Midland Stock at £75; London our influence to erect such an equitable adjustment and North Western at £102; and Eastern Coun- of the relations between landlords and tenants as ties at £l2 : or to contemplate the ruinous decline shall stimulate an outlay of capital, insure the em in every species of produce. It is perplexing to ployment of the able bodied, and increase the agri to find that, with all the improvement of their po- cultural products of the soil." sition, manufacturers still continue their decreased We beg to direct attention particularly to the production, and speculation the most legitimate passage marked in Italics, as showing the kind of flags; that mercantile enterprize and energy are councils, by which it seems destined that the pea prostrate on every hand. Something, it is clear, santry and farming classes of Ireland shall never be must be done to arrest the downward .tendency of permitted to learn the true causes of their periodi affairs, and to allow Christmas balances to be cal suffering, and their constant degraded and squared off, without extensive bankruptcy and ruin pauperised condition, as compared with the people being created. But what is that " something ?" of countries not half so gifted by nature as their We turn to an article in the Times of Saturday to own. These people obstinately adhere to a miser see if we cannot discover the direction in which it able system of cultivation of the soil, which corn is to be sought. pines sloth, carelessness, and ignorance approaching year o to fatuity. And when the natural results follow — when a crop fails or markets fall—they are taught to cry out for "an equitable adjustment with their landlords !" They are getting out of the land not more than a tithe of what it is capable of producing; and the landlord is to suffer, in the shape of reduc tion of rent, for their obstinacy or laziness ! They argue that capital ought to be stimulated to employ able bodied labour and increase the agricultural products of the soil ; and imagine that the land lord is to do all this. Yet the main cause why capital does not flow thither, as it flows to all other countries where it can be profitably employed, is the continual turbulence of the people, the nightly and daily shooting and burning, and the agitation fomented by the priesthood themselves. The pre sent race of tenant farmers in Ireland have no capital of their own, and no disposition to employ it if it was in their possession. Should the land lords drain, fence, and manure for them, the chances are that, with the present habits of the bulk of the small tenantry, at all events, they would find their liberality unappreciated, and their land, in a few years' time, reduced to its pristine disorder, with the old worthless system inveterately persisted in, and probably covered with a race of squatting under-tenants and conacre men, defying alike the collector of rent and poor rates. We regret that we cannot altogether absolve the landlords of Ireland from blame on account of this lamentable condition of the unhappy people. They have failed in setting them an example of enterprise and prudence, and in the duty, incum bent upon the gentry in every country, of endea vouring to instruct in the useful arts and to school in habits of industry the classes dependent upon them. Some of them have looked only to the gratification of the wants and necessities of the moment ; and permitted their properties to be injuriousy subdivided, or handed over to extor tionating middlemen and bloodsucking usurers, whose exactions have driven the peasantry to a state of frenzy. But the bishops and priesthood of Ireland—men sprung from the people, and mingling with them day by day, acquainted intimately with their unthrifty habits, and general ignorance and obstinacy, are not the less betraying their trust and misleading those whom they ought to direct aright, when they teach them that their wretched ness and pauperism can be best removed by equitable adjustment, which is synonomous with landlord robbery. The Irish farmer must he raised to the level of his English and Scottish brother, in know ledge of his business, in industry, in perseverance under difficulty, and in conduct, before he can succeed in raising his position in the world ; and no legislative effort can effect this for him. Give him to-morrow the equitable adjustment with his landlord, which is demanded for him, by which we presume is meant a reduction of rent and something amounting to a permanent claim upon the land ho tills ; and will he (with his present habits unim proved) be in any more prosperous condition in five years hence ? On the contrary, we should look to see a large portion of the present race of tenant farmers, when thus advanced in position, running into a coarse imitation of the vices of too many of the present landlord class. The gist, however, of the mendicant resolutions of their reverences, the Roinish bishops and arch bishops, is contained in a succeeding resolution deprecatory of any national support being given to their priesthood. " Having shared in the prosperity of their faithful flocks," they say, "the clergy of Ireland are willing to share in their privations, and are determined to resist a measure calculated to create vast discontent, to sever the people from their pastors, and ultimately to endanger catholicity in this country." Certainly if this was all that was to be apprehended from such a measure the peo ple of Ireland would have little to regret the result, seeing what catholicity has done for them, temporally at least, by degrading them in their condition below the level of any Christian nation. We trust, however, that no con sideration of this sort will influence Government to permit so obvious a violation of our Protestant con stitution. These men know themselves that, the real security for the maintenance of Catholicity in Ireland is the same lamentable ignorance and per verseness which is continually reducing them to the condition of a nation of paupers. Teach Irishmen to become self dependent,—to cease to rely for sup port upon spoliation of their landlords, or to stand ever agape for the bounty of England ; put down agitation, whether priestly or lay; above all things, vindicate the law, and give security to life and pro perty in Ireland ; and then only will the dreaded "danger to Catholicity" have been incurred. These men, we repeat, are well aware of the fact, and hence their protest against a state provision for their clergy is prefaced with the whine of mendi cancy, and a demand for alms for the flock refuse to teach to live as men, earning their food -by the sweat of their brows The text, upon which our contemporary has chosen to dilate, is a speech by M. Thiers, in reply to a proposition of M. Ledru Rollin, to raise two milliards of assignats, on mortgage of land and na tional workshops—a socialist measure, similar to that which so disastrously failed when attempted by the anarchists of the French Revolution of 1793. With this theme in hand our contemporary sets out upon a discussion on the subject of currency generally. "M. Thiers," he says, " reminds one of the golden days when Peel was in his glory, propounding the great question, " What is a pound ?" His brilliant essay on the tirMit Fancier delivered last Tuesday will ever re main a text on the currency question. He pointed out, with clearness and with wit, that it was in fact impossi ble to add either to the property or the currency of a na tion by merely multiplying the symbols of wealth. Pro perty is a definite quantity of the gifts of Heaven, and of the works of man. Money is the token of its possession. The currency in whatever form, whether gold, silver, or Paper, is an instrument of spontaneous growth which 'eself to the uses of society, and rises and falls vel of the national wants. artificial, nothing within ive enactments, except the .ice farm of the institutian. Property and currency are matters of fact, as much so as the breadth and quality of the soil, the climate, the number and character of the population, and the national resources. It would indeed be quite as possible to double the population of a country by a circulation of counters standing for men, as to double its wealth by a circulation of pecuniary counters. If the counters be convertible they will be presented for pay ment; if not they will be thrown into the fire. But poverty, and that cupidity which is still more hungry than want, inspire all sorts of hallucinations on this cap tivating topic. An indefinite multiplication of tokens, a mortgage on everything moveable or immoveable, ti loan borrowed from the future to be re-paid five years hence, or at the Greek Kalends, are only some of the brood of tinsel knaveries ever rising to this earth from the Limbo of Fools." The admissions made in the commencement of this extract are valuable, as showing the tendency of the writer's views, as to the nature of money, which is, not " property," but only "the token of zssion." We like much the sneer at "the golden days when Peel was in his glory, propound ing the great question 'What is a pound ?'The latter portion is only a quixotic assault upon an imaginary windmill, and is introduced with a pur pose. No man of common sense ever fancied that "an indefinite multiplication of tokens" was an indefinite multiplication of wealth ; although it might be its result if we are to consider that money is the token of the possession of wealth. We repeat, however, that our contemporary is only here figtting a shadow of his own creation. Proceed then to the conclusion of the article : " The peculiar value of M. Thiers' arguments is their bearing upon the general question of agricultural banks, or any paper issue on the security of estates. Experience has established the possibility of such banks under certain very limited conditions. They answer as the pecuniary instrument of regular agricultural operations. In a purely agricultural and thinly peopled country there is great re gularity and security in the produce and sale of cattle and corn, in the parties between whom the sales take plaee, in the times of the fairs and the departures of the droves, in the savings for rent, and all the other payments. these circumstances banks of long-established character, in having little opportunity of deviating into new and doubtful speculations, and running no risk beyond an oc casional advance before rent-day or a fair, have certainly much less need of gold or silver in their coffers than the banks in the speculative regions of manufacture and com merce. But experience, which has so far borne witness to the safety of a paper currency under certain circumstances, also testifies with equal plainness to the fact that such banks suffer the common fate as soon as they attempt to enlarge their sphere of operations, and to create wealth instead of representing and negotiating it. It is the fallacy of schemes like that proposed by the Committee of Agriculture to the Assembly to exaggerate into infinity the power of a very finite instrument." Here again we have to thank the Times for an admission of no slight importance. Paper money, medium of the exchange of commodities, or of temporary accommodation, may be safely based upon land or property generally—nothing said about the necessity of basing it upon gold at a price arbitrarily fixed by law—nothing about its quantity being limited by. the quantity of gold in the country for its redemption. "An occasional advance before a rent-day or a fair" may be safely made, without any great need of the banks "having gold or silver in their coffers." But we must guard against their "creating wealth instead of represent ing and negociating it ?" Of course, every well devised system of currency should be restricted to represent wealth or property. The objection may well enough he urged against the visionary projects of M. Ledru Rollin and his confreres of the French Committee of Agriculture,, but not against a pru dent reform of the currency of the country. We cannot but think, from the peculiar tender ness with which be discusses the subject, that the limes is beginning to feel where the shoe pinches us. His very attempts to guard himself against the suspicion are full of inconsistencies. In the first quotation which he ,has given, we find him stating that "the currency in whatever form, whether gold, silver, or paper, is an instrument of spontaneous growth which adapts itself to the uses of society, and rises and falls in amount according to the level of the national wants." How does this square with the working of our present system, under which money is in abundance, when it is not needed, and, during a period of great national want, when the country requires an increased supply of food or any other commodity, is suddenly decreased in quantity, and beyond our reach, except by sub mitting to _ruinous sacrifices ? What we want is precisely the sort of currency described by the Times—one which will expand with the expansion of our commercial manufactures generally, not one which is regulated and contracted by the diminished possession by us of one commodity—gold—and we expect to see the Times heralding us at no distant period to the adopticii of the former. to the 1 lig arbitrary an the immediate reach of le-gis its poss Under or an We understand that the Rev. J. H. Stewart, who is at present in Liverpool, as one of the deputation for the Society for Promoting Christianity among the Jews, will prolong his stay over next Sunday, and preach in the morning at St. Bride's. SERMONS BY A COLOURED CLERGYMAN.—On Sunday, three sermons were preached by the Rev. Elie W. Stokes, a clergyman of colour, ( in connexion with the Episcopal Church in the United States,) in St. Michael's Church, Pitt-street. The sermons in the morning and evening were on behalf the South Church of England Schools ; and the funds gathered in the afternoon were for the benefit of the dusky gentleman's own church, in Providence, Rhode Island. MR. STEWART AS A COUNCILLOR.—At a dinner given by Mr. Hay, the architect, on Tuesday, to the workmen employed in erecting the new church at the south end of the town, he proposed the health of John Stewart, Esq., the Councillor for St. Peter's Ward, and in doing so said, that he felt proud in saying that no man was of easier ac cess, none more ready and able to give his opinion and assistance in anything connected with their profession. He (Mr. Hay) was prepared With a phalanx of evidence in the case that day before Mr. Rushton, [reported else where] but that the magistrate was assisted materially by Mr. Stewart, who gave his opinion on points of architecture with great clearness. They were highly honoured in having a member of the profession qualified to take his seat upon the bench. The services of suoh a gentleman were inva luable to a town like Liverpool, and none knew this better than those who were entrusted with the ras,uagement of the corporate estate and local affairs. WE cannot imagine a spectacle so anomalous as that which Ireland presents at the present moment. We have recently been called upon to put down, at a vast expense of money, and of the exertions of our soldiery, although at no expenditure of blood, a rebellion in that country, the object of which was to separate her from Great Britain, and to place her in the position of an independent and self-support ing power, We are still engaged in the duty which Re-enga T H" star Ben( Beatrice. 70-M( HAMLE TRUE FRIDI MENTS, their LaS. Skful Mr. an their Fir Prices Pit, Is. 6 Doors will corn: THE UNI SECO/s WHEN T togeth The B Three in Worth, E S d T w] 01 •Body, : 2 6. 6d. Tickets The A' uest, th LECTUI will give plain th( Body, 11 mence a The NELSON (Sunday and We Newspal Price. OL] THE of 1.---- P E ,4 s A ,4g GoRG which tt effect, al and CrOVVds' c Atno n , Which 8(1 THE f This u affords a taste in is comp Ilot less , TN blazine; Extra( this gra. Vi4itor The In duction ORIG The Eve Admissi "The of this homme( the reali hitherto Variegai li ght of to the ihade9u experiei The s of the Chinese Inanufal At th I spendin with a duced a scene t Within t FEAS' tnony tt lantern: The Prc liners w Court (1 The it lighted ero wde ' ( te r of t , the ray; Chineac produc ( tattnero that cot e lnDire Noth: the enicries t eDreg until nc atm e xu ••• T 1 02 *----- nounch as hith( •S'eacc .in, es j oo Dle t be ttUccess J. 6 . d t X 775 )7C th e pn, TR] CLAYT Stf Payable "e„rnbc rro Club NB to be r r ir the 1 .IT R, I\ p , 10,