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

8 TNE LIVERPOOL STANDAR - 11. . • • •-..-----. .k --.4C.,...92sWEV , V , LtteirEirtAX l =elitt-Vr.. , 72.3...i.111EW TO CORRESPONDENTS. IT has been the practice of "the leading Journal naturally attends such an effort, if unsuccessful, of ' THE DEPRESSION OF THE Since the article on railway expenditure, which appears in of Europe," as it delights to be called, ev er y t w o inflicting the punishment of the law upon the of another column. was written, we have been pleased with the or three years to give the note of preparation for fenders. In the meanwhile, what is the position of IN all its branches the trade in c priisal of .. a letter . from the secretary of . the London and some astounding change in its own views and in this people—so recently claiming to be an inde leorth \Nrs,ern Railway, announcing the intended publics- very severe and trying ordeal ; for ; Lion of a full statement of the accounts of that company. those of statesmen. And we have frequently had pendent nation—openly treating our connexion the raw material just now is, the 1 The letter of J. \V. M. ii well written, and to the point, but we to admire the consummate craft with which the with them as an insult and an injustice, and repu cannot find room for it. the manufactured article was neve opera here has been effected. The transition is not dieting the idea of any benefit to themselves being small a scale. Fortunately for made per saltum, but by stages. T a k e for exam- derivable from such connexion ? It is the ordinary EIR ilibtrpoot "Manbarb. pie the question of Corn-law Repeal. First, the position in which Ireland has been placed at least prices of the raw material ar ~.-----_-.--_. - __ _ --, ----- - - Times merely indicated a willingness to hold the one winter out of every three during the past fifty manufacturer cannot run much, TUESDAY MORNING, OCT. 17, 13 45. clothes of the combatants, coming in to the rescue, years. She approaches us once more, unblushing ing his machinery in motion, ant occasionally, when Mr. C o bd e n, or an y other of and unabash e d by any sense of past ingratitude meat and subsistence to his numer ON Saturday welc a paragraph appeared in the his fellow-agitators, position of the importer is still was in difficulties; pelting the and irreclaimable habits of improvidence, as a men- Liverpool Mail stating, on the authority of aof the most prudent merchants hay ultra protectionists with vollies of sarcastic ridicule dicant, soliciting- to be clothed and fed out of the article which (at the rates current report, "in circles usually well informed," that the and hinting at the possibility of settling the con- proceeds of British industry. It is humiliating to months past) was considered "as s Rev. D. APNeile had " had the candour to admit troveray by a low fixed duty. Then came the ad- read the terms in which the demand is made, by no now find it arriving at an over the overwhelming necessity for greatly modifying mission that the League was " a great fact ;" and less influential a body than a meeting of the . Roman barrassed by a disturbed and unset his objections to state provision for the Roman tinent, and also at a time wl the climax was reached when the 'limes announced, Catholic bishops and archbishops, held in Dublin Catholic Clergy of Ireland." The same " circles I;ails that r the l coming i crop of co and supported, the adoption by Sir Robert Peel, as on the 11th instant. The meeting state in their well informed." had added to the story a little of the great feature of his administration, the total resolutions that, "They contemplate with grief, e\avni.t;alvoentwhett committing none the circumstantial, to the effect that the Rev. Doctor Ourselves tc withdrawal of all protection of the native agricul- anxiety, and alarm, the impending famine, and the we would throw out, for considera had been in communication with Sir Robert Inglis ttu•iet. miseries which another year or destitution must gestions. on the subject, and that the latter had also modified 1. The extent of crop has yet tl We strongly suspect that we are about to wit- necessarily entail on an alreadyimpoyerished people, his objections in concert with him. On his atten- ness another of those conversions, of which osr many of whom will inevitably perish of want during f r ostt l 1 A orinnfrost at all, and l this ness abundance or er tion being drawn to the statement in question, Dr. contemporary has so frequently been permitted to the approaching season, if some general and corn- fortuneately Novem b er,(forearly in col McNcile addressed a letter, to the editor of the be the herald. The moneyocracy of the country— prehensive measures for their relief be not adopted thing to abundance of food) have a Mail, which appeared in his paper on Saturday the men of Lombard-street and its neighbourhood, without delay." It of course never struck these freights which are now ruling at afa last, containing as strong a contradiction, both of for whose welfare the Times has been ever especi- resolutionists to interfere to stop the wanton waste per lb., may, and probably will, £ the statement with respect to his own changed. ally interested—find themselves, in this October of of their time in demonstrations of rebellion, and of three f b art v l e in t gs anda penny per lb. n views, and the fact of any communication what- the second year of Free Trade, in no very easy p o .. money in pikes, muskets, and gunpowder, during that have ion contend/ erea againstmust be a t ever having taken place between himself and Sir sition ; and are looking forward with a little trepi- the previous part of the year; or to urge upon them leave any profit for disposal in our e Robert Inglis, as a gentleman and a clergyman dation to the approach of Christmas. There are, the adoption of improved modes of culture and the 2. The supply from India must could make. He went even further. He explained it is hinted, some securities in their strong boxes, necessity of more constant habits of industry. cannot, it is well known, compete distinctly, and carefully, how he considered thesame price, lb. for lb. and those of their friends, which are negociable They were permitted to huddle their wretched crop misconception might have arisen, and repeated, with difficulty and are daily decreasing in value. of potatoes into the ground, only half dug and 0 3. lo T o he t c a hLar i nss of American aneßer emphatically, his objection to the measure in ques- It was fun for these men, and their organ, two trenched, and wholly unmanured, and to devote in ur this g e - ou p ntry ; ? tri p e l fineness ant tion, on religious grounds, and the certainty of its years ago, to be sweeping out of the market bubble two or three days out of the seven to drunken re- island, if at all on a par in price, bei not producing the political object anticipated from projects—to see stags and provisional directors vellings at feasts and "pattherns," wakes and fairs, 4. A large import of American w it, however apparently binding upon the priesthood " up the plentiful supply, and it is hoist with their own petard," lighted by the fire whilst it was growing. The crop, which others might be the securities and conditions which we and to the pressure to sell freely, flat of leading and city articles. The fun, however, it warned them not to trust to, has failed; and we might exact from them. r, and unsteady. , would seem, has gone too far. The bubbles have are asked, for the thousandth time, to pay for all - We refer to the letter itself, which appears in effectually trodden down; but the wreck has ex- their improvidence and folly, in the first place, by our columns this day ; and we ask our readers toLATEST INTELI tended beyond the limits prescribed for it. It is affording employment, and in the next, "to use all peruse it carefully. After having clone so they will, not pleasant to see Midland Stock at £75; London our influence to erect such an equitable adjustment (BY EX P RESI perhaps, read with no small amazement, and, per- and North 'Western at £lO2 ; and Eastern Coun- of the relations between landlords and tenants as haps, a more decided feeling, the following remarks ties at £l2 : or to contemplate the ruinous decline Shall stimulate an outlay of capital, insure the em- LATEST FROM I of the Mail, in the same day's publication : in every species of produce. It is perplexing to ployment of the able bodied, and increase the agri- PARIS, i. "We have considerable satisfaction in inviting attention to find that, with all the improvement of their po- cultural products of the soil." The state of Paris to-day, and es; - to a letter which appears in another column from the Rev. Dr. M`Neile on the Endowment of the Irish Roman sition, manufacturers still continue their d ecrease d We beg to direct attention particularly to the is such as you may have anticipate Catholic Clergy. It would appear that the reverend production, and speculation the • most legitimate passage marked in Italics, as showing the kind of my despatches last night. The 11 culated is, that we are on the eve of writer—perceiving clearly that a project which is regarded flags; that mercantile enterpriee and energy are - councils, by which it seems deStined that the pea named b;many to-day as the epee]: by the leading statesmen of all parties as a measure of prostrate on every hand. Something, it is clear, sentry and farming classes of Ireland shall never be forth. Some, however, deny that State necessity , must be "inevitable " — wisely refrains must be done to arrest the downward tendency of permitted to learn the true causes of their periodi- The immediate exciting causes are from fruitless agitation against it, and rather deems it the affairs, and to allow Christmas balances to be cal suffering, and their constant degraded and and the change in the government duty of a Christian patriot to co-operate in trying to make it a vehicle for conveying also legal rights to ecclesiastical squared off, without extensive bankruptcy and ruin pauperised condition, as compared with the people everywhere assembling, and the si privileges for the Irish Laity,—if it be possible to render being created. But what is that " something ?" of countries not half so gifted by nature as their prevent . innumerable private rneetin It is reported to-day that severs them independent of the more arbitrary ebullitions of We turn to an article in the Times of Saturday to own. These people obstinately adhere to a miser- to declare themselves en permane priestly domination." see if we cannot discover the direction in which it able system of cultivation of the soil, which corn- have voted addresses of felicitation. It is surprising how far the leaven of Tractarian- is to be sought. bines sloth, carelessness, and ignorance approaching Vienna, in which they deelhre ti ism can distort the plainest sentiments, and induce The text, upon which our contemporary has to fatuity. And when the natural results follow— France to remain behind Austria. an honest mind to deal in a direct misrepresentation c h osen to dilate, is a speech by M. Thiers, in reply when a crop fails or markets fall—they are taught LONDON MONEY MARKET of facts. Doctor M'Neile nowhere admits his t o a proposition of M. Ledru Rollin, to raise two •to cry out for "an equitable adjustment with their The tends have been heavy this= mot perception that a project regarded by any desc r ip_ m illi ar ds of assignats, on mortgage of land and na- landlords !" They are getting out of the land not We have-now, however, a slight improv r u e s i cLo s t s e g o a i n t g 8 .4 1 Redo cbeoat Threes o a n re e? tion of statesmen as a measure of State necessity, tional workshops—a socialist measur e , si m il ar t o more than a tithe of what it is capable of producing; t must be inevitable ; and he grounds no part of his that which so disastrously failed when attempt e d and the landlord is to suffer, in the shape of reduc- Quarter per Cents., 844 to f. Bank Ste present course of action with respect to the me asure by the anarchists of the French Revolution of 1793. tion of rent, for their obstinacy or laziness ! They Bills, 345. to 375. prem - um. Foreign , sl lower with a market very depressed. upon such perception. The inference drawn must, With this theme in hand our contemporary sets argue that capital ought to be stimulated fo employ at wit, 11i ; the Threes, 211 to 24. P. of necessity, fall to the ground when the p rem i ss ou t upon a discussion on the subject of currency able bodied labour and increase the agricultural guese, 22f to 234. Russian are down t 1 is a fabricated one. He says distinctly, in his generally. products of the soil; and imagine that the land- . rutcTwo-and-a-half per Cents., 4 Mexican, 19 to 2, Peruvian, 3] letter, what he would do "if the endowment be "M. Thiers," he says, ",,, 8 reminds one of the golden lord is to do all this. Yet the main cause why Brazilian are lower, at 71 to 3. days . when Peel was in his glory, propounding the great capital does not flow thither, as it flows -to. all other inevitable ;" but he nowhere says anything which question " What is a pound ?" His brilliant essay on leaves it to be inferred—and that is what the writer 9 the (react Foncier delivered last Tuesday 'H countries where it can be profitably employed, is LONDON SHARE MARKET. re- , wants to be done—that he is disposed to refrain main a text on the currency question. He pointed out, the continual turbulence of the people, the nightly m o T r h i-il n - m l ri lg ; f lLr l l n g o ta n fro a r i cis d hi N reV from agitation against it, or that he "rather deems with clearness and with wit, that it was in fact impossi- and daily shooting and burning, and the agitation 8 dis.; 'Caledonian Preference, at 55.; it the duty of a Christian to co-operate"—with its ble to add either to the property or the currency of a na- fomented by the priesthood themselves,- The pre- 7insoltdhernsia7 astien2ry a nd Th e ß a . c c m o i u n gt h I m p merely e i m t e u ci l t e i a p n l y t i i t n v g e t f he th s e ym . b ft ols t c . if H wealth. Pro- sent race of tenant farmers in Ireland , have no authors of course—in trying to make it a valet- tion t by heavy differences are being paid. W able measure. On the contrary, he says precisely P.' tne r w Y orks of man. Money is the token of its v posse a s n si d o n o f capital of their own, and no disposition to employ paid 7 dis. the reverse. The currency in whatever form, whether gold, silver, or it if it was in. their possession. Should the land- LONDON CORN MARKET.- After the above was written, our reporters re- paper, is an instrument of spontaneous growth which lords drain, fence, and manure for them, the Our market was shortly supplied w turned from the meeting last night, of the Jews' adapts itself to the uses of society, and rises an d f a ll s ch anc e s are that,. with the present habits of the bulk morning, by land carriage samples fi in amount . accordion to the level i t o fi f the national wants. of the small tenantry, at all events, they would find Society, and we find that the reverend gentleman , e l e i t o s t frothing n x g ee t within the s r t eg e lis g e i alluded to the subject himself •; and perhaps this is There tbe is nothing their liberality unappreciated, and their land, in a arrivals P are again large, exceeding 45,4 immediateeaeh of arbitrary legis a l n at ' ive enactments , few years' time,. reduced to its pristine disorder, night, since which about 15,000 quart the most fitting place for introducing that portion mere form of the institution. Property and currency P are Fine qualities of Dantzic and Rostoc of his address. Dr. M`Neile was chairman of the matters of fact, as much so as the breadth and quality of with the old worthless system inveterately persisted bought much clasper, but to make m meeting, and after an introductory speech, which the soil, the climate, the number and character of the in, and probably covered with a race .of squatting descriptions, a decline of 2s. per qr. u .. .• • .._ —_____ After the above was written, our reporters rt turned from + 1 --4 - ing last night, of the Jews' reverend gentlen ; and perhaps this ,or introducing that portio, Dr. M`Neile was chairman of the meeting, and after an introductory speech, which will be found in our report of the proceedings, he : " I must, however, leave the details of th:- otne among u I here I Cvould concliid of this earl and kindr s interesting y consented to lion from the Parent Society; but that I wish to avail myself say a few words publicly upon .e that ihi of honest 'dealing and fair play, will excuse the digression. (Hear.) The matter is personal, yet public. In one of our local newspapers there appeared a paragraph last Saturday week, containing a gross misrepresentation of me ; alleging that I had modified, and had been candid xtion, of my opinions on the p in national apostacy which bject of that crowr is now very Ma] ect u - pOn the was a consenter dered ved lett, nigh pr rther t party to t 111 thi3 in contemplation the nat. The para. in correspondence ERT I LIB, who ndowment on ce is to be re-printed in other ad in Dublin. Immediately that the statement was unfounded, and - wishing to have those convictions confirmed by myself. I confirmed them. I then wrote a letter exposing the misrepresentation, giv ing a full account of an unfinished conversation, in•which I believed it to have originated, in which, however, there no mention of, or allusio hat no chat laring di in my sentim€ tively t be usel of Rome, and fine national'encourag Sir RObert In hatever had tal .pts itself to the uses of society, and rises and falls in amount according to the level of the national ',- There is nothing arbitrary and artificial, nothing within the immediate reach of legislative enactments, except the mere form of the institution. Property and currency arc 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 hallucinatinna • tivating topic. An indefinite multiplication of tokens, a mortgage on everything moveable or immoveable, a 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 r which is, not " property." but only " the token of its . possession." 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- iNo man of common sense ever fancied that "an indefinite multiplication of tokens" was an, indefinite multiplication of wealth ; although it might he its result if we are to consider that money is the token of the posses sion of wealth repeat, however, that our contemporary is only here figlAlng a shadow of his own creation. Proceed then to the conclusion of the article " The peculiar value of M. 'Fillers' 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. Under 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 corn lut experience, which has so far borne witness to 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 aid to sehool in habits of industry the classes dependex t. 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 injuriously subdivided, or handed over to ext. or tionating middlemen and bloodsucking usurers, whose exactions have driven the peasantry to a state of frenzy. But the bishops and priesthood of Ireland—men sprungfrom 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 thooe 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 be 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 he 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 Romish 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 wining 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 endanysr catholicity in this count." 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 theta in their condition below the level of any Christian nation. We trust, however, that no con sideration of this sort will influer SMITHFIELD' CATTLE MARKET. railway system the name of oe Government to permit so obvious a violation of c>ur 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 c -to rely _ IVE otip 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 flocks they refuse to teach to live as men, earning their food by the sweat of their brows. 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.-011 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 hiving a member of the profession qualified to take his seat upon the bench. The services of such a gentleman were inva luable to a town like Liverpool, and none knew this better than those who were entrusted with the management of the corporate estate and local affairs. tical, repute— c of are X 2002 br , etfulr a proverb which our 0, that sorr To see ourseNes as oti 'cassuring - ;SIGN OF THE COTTON TRADE 110 W TO RESTORE PUBLIC CONFIDENCE IN all its branches the trade in cotton is undergoing a IN RAILWAYS.* , 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 whit' A pamphlet a (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 in which the above question is canvassed, d before us, from the pen of Mr. Wills, sharebroker, of this town ; a gentle Man 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 substance before our readers. just been plac 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 ent,- 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 commitiinz ourselves to any decided opinion, we would throw out, for consideration, one or two sug- 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 liking 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 individuhl 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 register—thereby made manifest—should at once convince the directors of the impohcy 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." 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.) &TEST 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 innnmerable private meetings. It is reported to-day that several of the clubs propose to declare themselves en pevinanence. 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 A • YESTERDAY The - kinds have been heavy this morning, with free sellers. We havenow, however, a slight improvement in Consols, which are quoted at 842 to 5, both for money and time, but with less business doing. Reduced Threes are 83* to 2. Three-and-a- Quarter per Cents., 844 to 2. 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 102 to lli; the Threes, 212 to 24. Passive, 2* to 3*. Portu guese, 22 to 23*. Russian are down to 97 to 9. Danish, 65 to 8. Dutch-Two-and-a-half per Cents., 43* to 41; the Fours, 67* to B*. Mexican, 19 to r. Peruvian, 31 to 3. Chilian, 82 to 4. Brazilian are lower, at 71 to 3. The practice, however, has been with companies, 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 l►ne which adopts it, but by the depression in prices whichit 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." YESTERDAY The marlfet for London and North Western shares this morning is 102; North Staffordshires have - again been done at 8 dis. ; Caledonian Preference, at ss. ; Shropshire Unions, at 7s. 6d.; Shrewsbury and Birmingham (C}ass•A), at ; Great Northern (A); at 2a. The account is passing quietly over, but heavy differences are being paid. West Riding Unions, £7 paid 7 dis. 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 thegeneral runs must be quoted 2s; lower. Foreign arrivals are again large, exceeding 45,000 rim 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 elleaper, but to make any progress with other '.scriptions. - f 2s. per -pon last Monday's quo- tations had , to he submitted to. Flour a slowsale, alteration in town-maile•, but ship samples and French sack were Is. to 2s. lawer. 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. " Its 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 thfrefficient 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 he would do in the case of a line in our 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, 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, 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 Stookport (hinnies) he considers ought to be abandoned, and ought never to have been taken up by.this company. According to the estimate ofthe entire line, a saving would be thus effected of £930,000, which would leave only XI 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 YESTERDAY realise at least the amount of calls in arrears. wnea officially announced, and igreed to at a general meeting of pros>rietors, it would do more towards raising the funds required for 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 Chester and Birkenhead line, in connexion with the London -1 North Western. would form a sufficiently direct coP-- We have an extraordinary increase in the supply of Beasts consequently submitted to - , although the aeinand 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 lesszinoney 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. Pigs are not selling quite so well. a.._ 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. Alk the Irish traffic, via Holyhead, to Liverpool, Manchester, and the North of England, and all the Welsh traffic, via Shrewsbury and Oswestry, must of necessity pass over it. Already the partial opening of the Chester and Poly head, and the North_ Wales Mineral lines, is daily - the traffic between Chester and Birkenhead. What the t THE LONDON AND NORTH-WESTERN RAIL WAY. AND THE PUBLIC. We gave some particulars of the position of this gigantic concern last week, as stated, in an appendix tahis pamph let, " the Bubble-of the Age," by Mr. Arthur Smith, one of the most painstaking amongst the exponents of the 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 p: such measures being at once resorted to By-the-bye, our compositors gave him tStnith, of facetious, instead of statis- —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 cam-pany 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 questiony. 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 show 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 41 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 £21,041,675, an amount which we conceive must include the loans, or a large portion of them ; for we gave, in ourrlast, the total capital of the North-Western, as opened for 3491 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 £12,360 per week. This obviously is a preposterously incorrect calculation: and its incorrectness is increased by his adding to it £6,2501000 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 * Railway Reform Railway Pioperty. and Co., 1848. .or How to Restore Public Confidence in By John Wills. Liverpool :G. Arnold e.. 40,000 per week to pay 7 per cent. dividend, the present weekly traffic being only £44,400 per week. Our contemporary, the A lbion,assumingthe Times calcula - to he correct, shows that the actual receipts weekly short of what is required to pay a 4 per cent. dend, which he conceives is very fair, looking at the o. will ha moils 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 At a meeting last night of the electors of Evertan Ward Mr. Langsdale advocated the rating of the public property of the town, and it was resolved to support him. WEST DERBY WARD.--An adjourned meeting of the electors of this ward took place last night. Mr. Plant oc cupied the chair, a nd asked if there were present any friends of Mr. Thos ! Smith who wished to propose that gentleman as a candidate for 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 hi m as a candidate; but the motion was not seconded. It was then resolved to support Mr. Beckwith at the forthcoming con test GENERAL FATAL ACCIDENT.-011 Saturday evening, b e t ween s i x and seven o'clock, James Gresham, residing in Mill-lane, Shaw's-brow, whose father k&*ps 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 FR OM AN EMPLOYER.— Yesterday, at the Police-court, a respectably clad young man, named John Jones, *as 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, TRADE REPORT. Monday Nig 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 841 for money and 84-i to 85 for the account. Manufactbrers 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 materiatare 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 trad ,ewing argumenta- proved would ad impracticable, owing to the cunning r vhole schetne - as - a lolatry, in defiance of the sacred commandment of . Almighty God. (Hear.) I sent this letter to the editor of the paper in which the injurious paragraph had first appeared. The letter will speak for itself. But I have a few words to add, upon the subject of its treatment by the conductors of that paper. it was inserted as a matter of course, but it wrs inserted in the inner fold of the double sheet, while prominently in the outer fold, and in larger type, catching the eye of the reader at once. appeared this astounding comment. iThe Reverend Gentleman then read the extract from mporary which we have printed above.] d about SIR ROBERT INGLIS here. Not a )logv for the unfounded our cont ion of, or ar and unwarrar mowed name, shly and reck- ies . sfy given. And repetition of what ! Here is a wilful and indignantly dis- had distinctly claimed. ( Hear, hear.) defiance of my letter, and calculated to mislead every reader, that lam not only refraining, wisely refraining, from fruitless agitation against the measure in question, but rather that I deem it the duty of a Christian patriot to co-operate in trying to make use of it. My letter con the kind—(hear, hear)—nothing to excuse ich a statement. On the contrary, thus 00l assertion, in s nothing o 11;atE or even 1 endowment— 4teous retribution for the light of His , and idolatry nationally encouraged 3 Withd ince of His sacred commandment, - Ile merciful restraints which humanise our low the men of this land, as of other ,pr with the savage fury of wild beasts. should sink to others." (Chee I confess mys( ulty to Lnything suit- in a public journalist, without g something unbecoming in myself. Had the writer .er, as I fully expected be would ie to complain of: had he honestly and arguments as what he and of calling ultra. Protestant, I sincerity, while differing from 11 he professes `• considerable Atention to my letter, and then in -spresents it., ascribing to its inetly repudiates, and reiter- able upon foUttir fault with - my lett denounced it hi 4. school are would have 1 him in opinion atisfactiOn" in calling sly mss as expressly designed en -- I am spared the this sentence in words of my own words which I columri of tl. same paper himself a tended as ex- t betrays the wise proverb about those who live in glass ottish bard may be sup. en he wrote his celebrated the nex author what that at sting the to refute pain of finisi devising find in coat, is a person wtion: sight of." !beers anC ireinely sere a lamentabl throwing stor posed to have 1 Couplet (Continued laughter and cheers.) As to " fruitless agita tiOn," I trust there is sound Christianity enough left among us still, to render the agitation on this subject which is just. beginning, sufficiently fruitful to defend our gracious and beloved Sovereign's sole prerogative in these and all other of her dominions, and to hurl from their abused seats 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 nooth, therefore we may as well, nay, better, go wilfully into in wholesale ; or, that because the priests, living on the eontributions 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 lette r , 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 wisdqm of this world, which is, and always has been, and always must be, foolishness with God. (Immense applause.) merce currency under certain circumstances, the safety of a p also testifies with equal 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, or any 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 negotiating it?" Of cot devised system of currency should be restricted to represent wealth or property. The objection may well enough be 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 he discusses the subject, that the 7imes 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 adoption of the former. every well 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 het in the position of an independent and self-support ing power. We are still engaged in the duty which 4enerally SHARES continue (Co 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 27:1 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 393. 3d. for grainy yellow, 383. 6d. to 393. 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 : IGs. 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 Rs. 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, b►at previous low rates cannot be improved upon : 70 tees. Jamaica by auction fetched 20s. to 38s. 6d. per cwt. ; 200 bags Colony La Guayra, 375. ; - _2OO bags low Rios; II The busy season for FOREIGN FRUIT 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 yet for the of much activity in the demand for Raisins, and new Malaga Muscatels, for which (fair fruit) 445. were demanded for Bunch, and 525. 6d. far Layers, atthe commencement, ara now quoted at, 375. for ordinary Bunch, and 455. for ordinary Layers - . really fine fruit, however, commands 425. @ 455. for B ' unch, and 50s. @ 655. for Layers. New Turkey Figs of tine quality realise 655. @ 755., and inferior, 455. g 565. Prunes are offered into consumption at this low figure. Almonds sell freeli 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, 10s. @ 20s. 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, 10s. ' would .nt , e V,/ Alt Zs LICIUS LLIG SGIIVI al aa..bc va //I •••`, " 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 large, 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 some 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 erquiry, 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. THE 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 B,elfast 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 sound ones will Oct. 17, Is-IS. be found farther into the new year than many others do. A large crop (for _these years) has undeOtedly been raised, and We incline to think that the proportion dis eased has been measured more by the crop of the past year than t} . 111 ie present one, THE IRISH AND AMERICAN PROVISION TRADES The recent supplies of Irish BetfareC;mingijocom• petition with the American article, and although nothing is at present offered below 955. per fierce, 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 Mesa'' which, in con sequence of the continued arrivals, has receded from 38s to 365. per barrel of 2001 b. as the minimum price. Both Irish and American Bacon give limited returns of sales. The latter is low in stock, and the former is still held at too high rates to find favour in the market, al though a superior article is now offering at 565. @ 585. 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 h aye been few sales ofAmericanLardthis week,and in those qualities from good to fine a reduction of 2s. per cwt. was submitted to, the present prices being—fine, 4 . 25. @ 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 46e. OTHER AMERICAN PRODUCE There has been an improved denTaild - Cliring 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. gd., but very fine, being scarce r has realised 10s. to 12s. 6d. Tar continues in request, and SOO 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. iag a decrease of £73,545 r and the stock of bullion in 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 at tended. The Rev. Dr. Cooke has res Belfast scantily righed his presbytery in The Cork Constitution of Saturday says that Ms. O'Brien has become much dejected, and deeply bemoans the misery and wretchedness he has brought down uP OII 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, 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 an3r place " beyond the seas."—United Serziee Gazette. The widow of Thomas Moses died at Trough Lane Foot► in the township of Lynesack and Softie3r, on Friday, Sep tember 26, aged 96 years. Another old woman, in the same township, died a few weeks ago, aged 91 years ;- there are still living three women in the• same township whose united ages are 285 years—averaging 95 years each. COELEGE CHEMISTRY.—This lnstltution is now open every day, and every description of information ore 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 neat! SPOT ON 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 lath 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 gives 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. MIT- Butler resists the application, and as a large fortune 15 depending on the cuestion, 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 Howard, 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,reaclied 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 Adz Pertiser SHIPPING INTELLIGENCE MONDAY, OCTOBER 16.—Wind N.E., fresh, ARRlVED.—Evergreen, Brown, from Quebec—Zepbyrus, Ward, St. Petersburg—Mary Campbell, Cilchrist, Konigsberg —Pomerania, Krause, Daiaie—Wanderer, Beck, Brake. ED.—lseocies, laver, Africa—Bertha, Mitchell, con stantinople—EliXabeth, Beverley, Rotterdam—Delhi, Wheeler, Sincapore—Lucretia,Gillman, Vera Cruz—Eliza Ernest, Cher . - bourgGrastnere, Vale, Alexandria, E.—Leda, Absalom, Bel ) en Verwochting, Pyles, Rotterdam. rout—Hoo Bell. Walsh, from Prince Edward's Island, at Kingstown. Ocean Queen, Penningham, from Danzic, at Pembroke. FALMOUTH, 1401 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 Auguste 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, iiR. C. H. CHXDBURN, 71, LORD-STREET. Pressure at shade by self- Noon. in Humidity at , Wind registering Difference of- o ' at Nine Si x thermometer W et an d Dry Rain. Noon. a.m. p.m. Max. 1 Min. bulb. I Fall of 004 IN.w 56 i 49 54 I 48 56 46 55 46 54 43 E.N.E 53 1 4 4 0.04 N.E. 53; 3 49 45 - N.B. - THE WEATHER.-10th: brilliant; Squalls.-11th —l2th: bright; night, clouded.-13th: ditto.-14th night, light rains.-15th; clouded, rain.-16th: clouded ---- brilliant. ditto; STERDAY LIVERPOOL CATTLE „ MA R KET-Y The supply of Cattle and Sheep was smaller than last week, and prices of each were id. per lb. higher. Best Beef, sd. to 5/d. ; Mutton, 50. to 62d. per lb. LIVERPOOL: TUESDAY, OCT. 17, 1848. 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Booth, Booksellers, Warring" ton; Clarke, Pilot-office, Preston; and Wright and DO': Herald-office, Birmingham; Harthill and Sahnond " Prince's-square, Buchanan-street, Glasgow. BIRKENHEAD ; TODHUNTER, Chester-street; LAW 4 %1. PINKNEY, Argyle-street; OSBORNE, Cheater-Urea; and GRIFFITH, Hamilton-street. ANNUAL SUBSCRIPTION. IN ADVANCE Ns. lON cIieV4VIC ~ „„ „'Co. 'PHEA.I 'fie-en~aoe n HIS / stant, Benedl( Deatrice... TO.ITOR H AMLET. THURSE FRIDAY, RENTS fo t heir Last A SA,TU RD Mr an d II their First Prices of I PA, Is. 6d• Doors to 1 will comnie Sole Le p, LINDE SECOND W REN Tlni tozether v The Box-i nree in the Worth, Box CONcE S A! u ON SA' VOCALIS' Body, 3d. 28. 6d. To Tickets issiii The ARTI next, the IV LECTURE Will give cor Vain the nel B ody, Inende at Ei; k r The ART 4.111.80 N - 3T (Sundays ex a nd 'Weekly PCTiZPaPera OLD p T " A of LIV Child re P EAS TIIIS V s A '" 111 V TIJ ft pA E y ) i GORGEO/ h ich the I' Loi ere ct, all oth, nd go popuh 'crowds durin Al nong the * Web so will be founde- Rt ret, . rI.I E GRA] This univer — 'ords an opt 44 te in the cc Computed hot les s than blazing at the xtrardin; ..11 •1 grand N Visitor with a duet h iane brill on of nu gAIGINAI PULL SA The Evening' 4dalission, a 13VNEF11 0 ' I Liz 'l‘:.°BUili t :.telB:etL:,llTuS: OClng a R eacombe,l r PPEA, c o nseqi want of ac e :chs, an ren d tl %,tlch an ui t at ' 2 ,1 1 back, gi Thi I ,, factio n ' • 11 0 4"Pev is fop fo : (j 7e : biles off t there GAT hus arca , 1111 )1 , rt , there a 441.1% in th e liot i3 h e acco Mn Ine e ss giren tc f t ,', o : beg co p is tbenistl th:, B •Pietto t w q Pinerildi 1 I r l ti E cot ~k,,,itnonne Bu, ( ?N Ro l l'aYab i :cßlPl 1,, adr " ANNu„ If Paid • rnb o nation ia~ re ative to 1 0 h e Th e 0 by 90, ),, ,4SFEi °4l ' o ,lNce, D