The Northern Daily Times. — Liverpool, Merseyside, England, 1853-10-27 00:00:00

THE STEAM-SHIP G D N A Gir;. E, tv -% FOR AUSTRALIA. - Is now ON \ VIEW •in the HUSKISSON DOCK; She is largest and most magnificently fitted steam shi in the world.—For Cards of Admission apply to MILLERS & 'THOMPSON, , 4, Drury-lane, Liverpool. HOUSE AGENTS HAVING PREMISES TO LET' OR -SELL SHOULD ADVER T I S E IN THE DAILY NORTHERN AT A CHARGE OF TIMES SIXPENCE. Offices-19, SOUTH JOHN STREET, LIVERPOOL ; 9, PRINCESS ' STREET, MANCHESTER. SERVANTS WANTING SITUATIONS PERSONS WANTING SERVANTS, should Advertise in the NORTHERN DAILY CRAIIGE TIMES, SIXPE N C E. Published every morning, at 19, South John-street, Liverpool, and 9. Princess-street, Manchester. NOTICE The Proprietors of the NORTHERN DAILY TIMES have now completed their arrangements for securing the delivery of the paper at the following places every morning, at, or before eight o'clock BIRKENHEAD WOODSIDE TRANMERE ROCK FERRY WATERLOO SEAFORTH 1 BOOTLE WALTON EVERTON FAIRFIELD AIGBURTH. TO CORRESPONDENTS Whatever is intended for insertion must be authenticated by the name and address of the writer ; not necessarily for publication, but as a guarantee of his good faith. We cannot undertake to return rejected communications. All communications, Books for Review, etc., to be for warded to the Editor must be addressed to the Publisher, CHARLES WILLMER, and those from London may be sent to the care of Messrs. Simpkin, Marshall, and Co. THURSDAY, OCTOBER 27, 1853 WE are perfectly tired of announcing telegraphic despatches with reference to the " Eastern ques tion ;" and the public, we are pretty sure, are just as tired of o reading them. However we cannot withhold any information that comes to hand, es- pecially at tthis particular stage of the Russo- Turkish embroilment Despatches have just been received from Con stantinople up to the 17th instant, from which we learn that the reply of Prince GORTSCHAKOFF to OMER PACHA'S communication had been received ; that the Anglo:French fleets were under weigh for Gallipoli ; and that a proclamation forbidding the exportation of corn had been made. The CZAR has not issued a second manifesto, as was reported, to the Two Weistem Powers. Count NESSELRODE, however, has forwarded a diplomatic note, the tenor of which is considered of a decidedly pacific tone. For ourselves we are not disposed to rely overmuch on anything emanating from the pen of such a double-distilled specimen of Jesuitry, necromantic diplomacy, and contemptible special- pleading. M. de la Cour, the French Ambassador at Con- stantinople is about to be recalled. The Foreign Correspondent to one of our Lon- don Contemporaries asserts that " positive hostili- ties have already commenced" on the Danube between the hostile Powers ; orders having been sent to OirEn PACHA to that effect. We must, how. ever, be wary in accrediting such statements ; and patiently await information from more reliable sources WE resume the subject treated of in our first leading article yesterday. It is a topic at all times important, but doubly so at this particular crisis, when the Burgesses of Liverpool are about to return representatives to sit in the Council Chamber, and conduct the Municipal affairs of this Borough. A very onerous position truly, and one which involves no slight accountability. Independently of our private responsibilities, we, as journalists, owe a duty to the public. From the obligations which this duty imposes we have no disposition whatever to shrink. As faithful sentinels we shall ever be found vigilantly at our posts ; and should we perceive the enemy's scouts advancing, no time shall be lost in raising the ne cessary alarm ; and, if needs be, engaging in the combat. " Trust in GOD, my boys, but keep your powder dry," was the advice OLIVER CROMWELL used to give his troops. And it is .one which we mean to follow, " through evil and through good report." We should regret much if this open and honest avowal on our part were calculated to bring down upon our heads the displeasure of Mr. BRIGHT, and his party of Peace advocates. But it must be borne in mind, that we simply mean to act on the defensive—not on the aggres sive ; and " human natur," as SAM SLICK would say, :is so constituted, that while it might refrain from the one, it is sometimes forced to adopt the other. In glancing over the list of Candidates for Muni cipal honours, we find that most of them have already been, and. are now de facto in office. A very natural question then arises. What have those gentlemen already done to warrant their putting themselves for ward as Candidates for the public favour ? What single act of theirshas met with such general appro val, as to induce the Burgesses of Liverpool to bestow upon them the favor of their votes ? Let us select one or two examples, out of many, which, had we time and inclination, we might adduce. First of all, there is the Candidate for Abercromby Ward, who, after a triennial lease of office, is about retiring to—go in again! How has this gentleman signalized himself? Good deeds fasten on one very speedily ; and the public heart is never slow to forget them. We repeat, How has this Candidate promoted the interests of the Borough during his long tenure of office ? Echo answers—" How 1" If the " do nothing" policy is really meritorious; and if those who adopt it are considered worthy of all munici pal and civic honours—not only elect as your Councillor, but give the highest dignity if you can, to the Candidate who now solicits your suffrages, ye Burgesses of Abercromby Ward ! One other example will suffice in illustration of an opposite policy. The Candidate who solicits the votes of the rate-payers of Pitt-street Ward is, unfortunately for himself, too well known in his official capacity. This gentleman, it will be re membered, before his election to office, made strong professions of his intention to promote retrench ment in the expenditure of the Corporate purse. Has he done so ? Have his promises been ful filled ; or rather, like pie -crusts, have they not been easily broken? In looking over the Corpo rate .aecounts we can find no trace whatever of his pruning-hook ? It is notorious that whenever an increase of expenditure happened to be proposed, he was invariably amongst the foremost to con cede it. Doubtless this gentleman ,4 *ce, upon hisas conseien and he tiously altered his opinion ; own showing, if he were elegible for office at the 1 last election of Council-men, owing to his avowal 1 of economical principles, he possesses no longer a claim upon public support ; and a delicate sense of propriety, one would think, should induce him to retire from the forthcoming contest. We know not if his constituents have forgotten the course he pursued with reference to the election of Head Constable. If they have, probably this passing allusion may serve to recall circumstances which in themselves are deserving of serious consider ation. It requires no small:degree of self-assurance for an individual to act thus, and yet try to bam boozle the public by thrusting himself forward to regain their favor. We trust that the Burgesses of Liverpool will be "up and doing;" that they will equip themselves like men; and honourably and conscientiously. discharge their duty on the forthcoming occasion. Let them not elect to the Municipal office those who do not know their own minds, and who are incapable of arriving at definite conclusions on matters of moment. "He that wavereth," we are told, "is like a wave of the sea ;" and Burgesses should look for, and expect in their Co . uncillors, at all events, stability of purpose and wisdom to direct; else their council and their works are likely to prove of no greater value than a " bottle of smoke ! " Let them select, and return men of tried public virtue ; who are interested in the welfare of the Borough, and who are likely to discharge their obligations creditably to them selves, and satisfactorily to their constituents — men who will do all in their power to promote essential improvements and curtail unnecessary expenses; and who will be unlike the " starved-out Commission of Sewers," whose doleful tale ever is, when any work of public utility is proposed, "we have no funds," and whose song, according to Punch, is to the old tune of " I've no money" : " I've no money ! so you see Nothing can be done by me ; I owe it to my sorrow : But if I were rich, you'd see Wonders would be done by me ; So call again to-morrow." THE New York Tribune, in announcing to the American public the fact of our existence, writes as follows :—" We have received by the Arabia the first number of the NORTHERN DAILY TIMES Hitherto, Liverpool, a city containing a population of over 400,000 people, has been without a daily organ ! ! !" We do not use notes of admiration ourselves, but when employed with sincerity, as in the present instance, they are highly gratifying and complimen tary. The fact alluded to by our respected cotem porary, is one which is looked on with quite as much astonishment at home as it is abroad. But what is the number of our population compared with the extraordinary diversity and magnitude of our com mercial, trading, and monetary interests, both domestic and foreign ? As one of the great centres of European and American intercourse, every paragraph of news, every word of commercial intelligence, and every comment and idea relating to trade, is of impor tance and actual value to some one individual or class of a community such as we have in Liver pool. The value and interest, however, of such information depend mainly on the promptitude with which it is given to the public ; and in the discharge of this important branch of newspaper management we have not been surpassed by any of the leading London papers; and, considering the sources of inforination we have at hand, we at once challenge universal competition. The spontaneous support we have already received, is sufficient to show that the want of a daily newspaper, in this im portant locality, was most severely felt by the leading commercial interests of our port. Nor has the high moral and national principles of the NORTHERN DAILY TIMES been less highly appre ciated by the public generally, if we may judge from the avidity with which our daily issues are sought after. Since the commencement of our publication, we have been called upon to advocate great national rights and interests—to oppose recognised princi ples to a variety of dangerous nostrums—to expose tyranny—denounce despotism—to hold up to pub lic ridicule and contempt flagrant.attempts at fraud —to suggest means whereby our trade and com merce might be greatly increased—and, lastly, to comment upon all the minor topics of a most remarkably eventful period; and in descanting on this extraorainary multiplicity of subjects, we have not given the remotest offence to any party or individual. • Thus far, then, we have laid a claim to public support, and feel assured that the people of Liverpool will co-operate with us for the general good, until they see the NORTHERN DAILY TIMES as powerful an exponent of the moral and national voice as any now to be found in the United Kingdom. For the marked encouragement and influential patronage we have already received, we feel most grateful. And as for the future, while we hold it to be our paramount duty, we conceive it to be no less our interest, to continue as we have com menced, uninfluenced by party views or party interests. The Foreign Intelligence, particularly that from the West, which has appeared in the NORTHERN DAILY TIMES, has been supplied considerably in advance of that given in the London papers ; while our Metropolitan cotemporaries are con tinually compelled to take from our columns a variety of local intelligence, which, in all proba bility, would never have found its way to the public, if it had not been for the extensive and extending arrangements we have made, to secure every particle of information which is likely to aid trade, inform the public, and assist legis lation. In the Statistical Department of our paper, we have made as rapid progress as time would admit, and ere long we shall have left on record all the facts and figures connected with leading events required to aid the political economist in his inquiries into the moving phenomena of the day. Thus, in addition to the Chat, Talk, Gossip, Fun, and Frolic of the panorama of daily life, we supply tho keys to the great temple of material existence. Sanguine in our hopes of the complete success of our present onerous undertaking, we only repeat the amazement of our cotemporary, the New York Tribune;—" Hitherto, Liverpool, a city, containing a population of over 400,000 people, has been without a daily organ ! !! " The Aztec Lilliputians will be exhibited in Belfast to-morrow and Saturday next. FATAL ACClDENT. — Elizabeth Jones was admitted last Thursday week, into the Royal Infirmary. Her right arm was broken, and the bone protruding. She was attended to by the surgeons, and the bone set in its place. She appeared to progress favour ably until last Friday, when mortification set in, and she died on Saturday. An inquest was held yesterday, and a verdict of accidental death was re turned. SUDDEN DEATHS.—George Showne, a carter, re siding at 36, Hotham-street, died suddenly on Sa turday, at his residence, of disease of the heart. Ann Davies, a child 12 weeks old, died suddenly of fits of convulsions on Monday morning, at her mother's residence, in Bostock-street. Inquests were held in both these cases yesterday, and ver-, diets of deaths from natural causes returned. THE NORTHERN DAILY TIMES. FROM OUR LONDON CORRESPONDENT. 1 Although there are further despatches from Con stantinople to-day, they do not contain any further news than that already known. They are, however, somewhat more definite, for it appears that the reply of Count Gortschakoff to Omar Pacha was known to the Porte, namely, that he was neither authorised to make war, nor to conclude peace, nor to evacuate the Principalities. The allied fleets it appears are to be stationed at Gallipoli, which is some distance from Constantinople. There is great difficulty in unravelling the mean ing of those movements ; but I apprehend they amount just to this, that the. Western powers will only interfere in the event of Turkey not being able herself to prevent the advance of the aggressor. This construction indeed is the only one which harmonizes the perplexing accounts which reach us every day. The war feeling, or rather the hope of maintain ing peace, in Paris has again become nil. THE PRESTON STRIKE PRESTON, WEDNESDAY. This morning, there was a large meeting of weavers in the Orchard, Mr. Tonge, of Stockport, presiding. The CHAIRMAN announced thai the 'committee had that morning received from a gentleman in London, a cheque for £5OO. (Loud cheers.) After a few remarks on the progress the movement was making, he introduced Mr. WALTON, of Blackburn, who, after stating that he had that morning morning received a letter from the Arch bishop of Dublin, expressing his approval of the conduct of the unemployed operatives of Preston ; he remarked that the receipt of the cheque mentioned by the chairman, was a piece of bad news for the manufacturers of this town. But they might rest assured, that would not be the only con tribution towards the support: of the operatives of Preston. Blackburn itself had determined to support them rather than they should give in. Some of the hands in Blackburn de clared that by and by they would devote the entire proceeds of one loom each to Preston, if it was necessary. (Cheers.) Let them resolve to be paid for their labour as they were elsewhere, or that the mills of Preston should stand. Every day their their cause was becoming stronger, and they had every encouragement to be firm. Alluding to the approach ing contest for municipal honours, Mr. Walton urged his hearers to avail themselves of the opportunity to sweep out of office some of the despots of the town. In conclusion, he advised them again and again not to give way to the ty ranny of the masters of Preston, warning them to consider what would be the consequence if they allowed themselves to be defeated. (Cheers.) . . . Mr. WADDINGTON, of Preston, said he had a letter from Aberdeen, requesting the particulars of this move ment, prior to the- formation of an association in that place, from which they might expect pecuniary assist ance towards the end of the week. (Cheers.) Mr. Cowell and others had gone to Crewe, St. Helens, &c., and a letter full of encouragement had been received from them. (Cheers.) _ _ Mr. Itimmts had understood it had been resolved on 'Change in Manchester that if they could not defeat the Preston hands by closing one-third of the mills in the country they would resort to a general lock-up. He, however, thought that the employers at large would not venture upon such an extraordinary measure as that, considering the advanced prices offered for Preston goods in the Manchester market. It was his opinion that the manufacturers would be glad to re-open their mills and give the advance of 10 per cent. Money was the God of the manufacturers of this country. They hugged their gold, exclaiming, in the language of Wesley— _ _ " Thou art the God we adore, Our faithful, unchangeable friend:" Thanks having been voted to the Chairman, the pro ceedings closed with " three cheers for the 10 per cent., and no surrender." TFRST DERBY GUARDIANS. The weekly meeting of the board was held yesterday, at, the Workhouse, Mill-lane, Everton. Mr. Joseph Harri son in the chair. The other members present were, the Rev. W. Badnall, and Messrs. Alpass, Hayes ' Miller, Smith, Carter, Roskell, Lunt, Craig, Medcaff, Horsfall, Jeffries, McGee, Kirkus, Hyde, Gilbert Harrison, Knowles, Birch, Tattersall, and Shaw. The applications for relief having been disposed of, the Governor submitted his weekly account, by which it ap peared that the number at present in the house was 677. Checques on account of out-door relief were given to the various relieving officers, viz., to Mr. Allen, £63 ; Mr. Olney, £25 ; Mr. Potts, £B2 ; Mr. Lythgoe, £lB. A letter was read from the Poor Law Board, dated the 10th instant, sanctioning the appointment of Mr. Barnabas Barrett, as medical officer for the Toxteth Park district, at a salary of £lOO per annum. THE ALTERATIONS AT THE HOSPITAL, Mr. Robert Martin, builder, appeared before the board, and requested as a favour, that in consequence of a mistake made in his tender, which was accepted last week by the board, for the additions and alteration at the hospital, he might be relieved from the contract into which he had entered; as he should lose from £6O to £BO by it. On Mr. Martin retiring considerable discussion took place on the matter, in the course of which, Mr. Kirkus and some other members of the board were opposed to Mr. Martin being released from . the contract. On a division, however, there were nine in favour of his being released, and eight against it. Mr. ALPASS then moved] that Mr. Jones, whose tender on the former occasion was next t 9 Mr. Martin's, be now written to to know if he would undertake the contract on the terms of that tender. The REV. W. BADNALL seconded the resolution. Mr. lintnns moved as an amendment, that advertisements for a new tender be issued. _ The amendment having been seconded, a lengthened dis cussion followed, in which several members of the board took part. Ultimately, Mr. Kirkus's amendment was carried by a majority of 12 to 6, and the clerk was instructed to issue the necessary advertisement. NUISANCES IN CHAPEL-PLACE AND BELGRAVE-STREET, A letter was read from Mr. M'Gowan, the law clerk of the Health Committee of Liverpool, in reference to the nuisances in Chapel Place and Belgrave-street, which were last week brought before the board. The letter stated that with regard to Belgrave-street, a person had applied for, and obtained particulars of the levels, preparatory to his exe cuting the requisite flagging, and that, as to Chapel Place, the Health Committee had given directions for the paving to be proceeded with by the borough engineer without delay. The communication was received with much satisfaction by the board. APPOINTMENT OP ASSISTANT-MASTER TO THE WORKHOUSE, The board then proceeded to the appointment of a new as sistant-master to the workhouse, which had again become vacant in consequence of the person who was recently ap pointed having resigned. Mr. Au'A.ss said as there were a considerable number of applicants, he would move the appointment of a committee who should now retire for the purpose of selecting three names from the list of applicants, and submitting them to the board. The motion, having been seconded, was carried, and the committee, consisting of Messrs. Alpass, Badnall, and Wens ley, retired, for the purpose of making a selection. On their return into the board-room, Mr. ALPASS said that the committee had made their selection from amongst the applicants, viz., Mr. Robert son, from the Glasgow prison, who was a candidate on the former occasion, and who now sent the same testimonials ; Sergeant Kelly, of the county constabulary force, who was well spokenof by several gentlemen residing in West Derby ; and the third was Mr. Bancroft, who had for some time been in the employment of the Town Council of Stockport, and who came highly recommended from the mayor and town council of that borough. These were the three names which the committee had selected, but they especially recommended. Mr. Robertson, and he (Mr. Alpass) therefore moved that Mr. Robertson be appointed. Mr. KIRKUS seconded the motion, and Mr. Robertson was unanimously elected to the vacant office. After some discussion it was agreed that Mr. Robertspn should find sureties to the amount of £5O, for the due per formance of the duties of the office. It was also agreed that the matron of the- hospital find s3curity in the sum of £l5O, for the faithful performance of her duties ; likewise Mr. Capes, the book-keeper at the hospital, in the sum of £5O. . MEDICAL OFFICER'S SALARY The Rev. W. BADNALL, on being called upon, said he begged to withdraw his motion that Dx. Nevins's salary be increased from £lOO to £l5O per year. (Applause.) CONTRACTS The tender of Messrs. White and Simpson, of Lower Bank View, Bootle, for the sewerage and drainage of the house, was accepted, after some discussion. The tender of Messrs Jones and Smith was the lowest, but it was refused in consequence of an explanation by the clerk of an irregularity on Mr. Jones's part in connexion with a former contract at Bootle. The CHAIRMAN must do Mr. Jones the justice of saying, that he had had extensive contracts with the corporation of Liverpool, and had given every satisfaction. The tender of Mr. Little, for supplying the Union with wines and spirits, was accepted; as also the tender of Mr. Evans Marks, of Mill-lane, Hindley, for the supply of clogs. This terminated the business, and the board adjourned. ACCIDENT.—Thomas Wood, a labouring man, 50 years of age, residing in School-lane, while working yester day for Newton, and Co., King-street, fell off a ladder, on the back of bis head, thereby producing severe concussion of the brain. MONETARY AND COMMERCIAL LIVERPOOL, WEDNESDAY EVENING - By the arrival of the Baltic this_morning we are in possession of private advices in addition to the comprehensive summary of American news published in the SECOND SUPPLEMENT of the NOR THERN DAILY TIMES of this morning. From New York our dates come down to the 15th inst., being four days later than those received on Saturday night by the America. The Baltic brings no less than 1,000,000 dols. on freight, and by her advices it appears. that the New York Money M ar k e t i s in precisely the same anomalous position as our own, and is absolutely enduring all the tortures of a "money famine" and suspension of trade credit in the face of an accumulated amount of bullion never before known, Conflicting railway interests are one of the causes assigned for the existing state of things, while the line of operations followed by the banks in their clearanCes is directed to keep up the rates of interest for money, and at the same time to curtail the dividends on banking stocks so as effectually to check the increase of banks, and the extension of monetary accommodation. All these efforts, however, are as futile as they are' impolitic. When banks can monopolize or forbid the production of gold, then will the efficacy of such measures tend to promote the selfish views of existing banks; but as long as gold comes pour ing forth as it does at present, all such efforts will be found unavailing, and their failure will bring destruction on their own heads as surely as they have helped to swell the amount of public em barrassment. On the subject of sudden contractions of the Currency, the New York Economist makes these apposite remarks :—" The stock panic is very similar to that in August, 1851, and began by the same cause, viz., bank contractions. In June, 1851, the bank loans were $71,953,514; in Septem ber following, $64,872,666 ; decline, $7,080,848. After the June return, the banks continued to lend until July, when prices were high, and Eric, as an example, stood at 84. The bank contraction commenced, and, August 6, Erie sold at 69, and continued through August between that and 74, when the banks recovered from their panic, and it began to rise to 90, December 1. Other stocks sympathised with Erie. During this time, money was very dear, and many failures occurred among the merchants, and money was two per cent. per month. The same thing has now occurred : Erie, as a type, has fallen from 84 (September 23) to 69 (October . 14). The identical figures touched before, and other circumstances, are the same in character and equally as causeless. and will re sult in a greater abundance of money than ever." The facts here adduced, ought to serve as a salutary illustration tt this country, of the losses entailed on capital invested in any kind of public stock as well as in ourtrade, by a sudden contraction of the Currency. As we have repeatedly directed attention to this subject, we feel no small satisfac tion in finding ourselves so fully borne out, even from so distant a quarter. The American government continues to purchase stock. In August, the Treasury offered to redeem 3,000,000 dols. worth of the stocks of 1867-8 before Dec. 1, at 21 per cent. premium, also 2,000,000 dols. worth of those 1856 and 1862. Under this offer, considerable redemption had been made, and under date of Oct. 8, the Secretary renewed the proposal, which is equivalent to increasing the amounts that he will redeem by about 3,000,000. The Exchanges were active, and closed at 1098 to 110. The exports of bullion for the week pre: vious to our dates were-1,325,844 dols. The ar rivals during the week were—by the Illinois; 1,281,811 dols., and 816,000 dols. by the Star of the West, making 2,034,861. The Mint had disgorged a portion of the 1,000,000 brought last week by the Crescent City, and the Sub-Treasury had disbursed 1,000,300 dole. in ten days as follows : October 8 " 10 " 12 Recd. - Payment. On hand Oct. 8 Dols. Dols. Dols. 827,319 1,154,325 9,399,394 141,096 194,696 9,345,292 76,665 266,802 9,155,65 e 70,000 502,000 8,723,137 13 26,801 8,861,44 With this operation the banks should show an increase of specie. They require, however, an im portant accession to their reserves in order to make the clearance work smoothly. The fifty-six banks cleared under the management of Mr. George D. Lynan, as follow : _ _ _ Sum of Balance for Accounts. Adjustment. Dols. Dols. Tuesday, Ist day, 22,000,000 1,200,000 Wednesday, 2nd day, Thursday, 3rd day, The demand for money in the interior had not subsided, and the balance of the banks were said to be " well drawn down." The large sales of pro duce now going on will soon turn the scale. *New York has twenty-six ships on the berth, loading grain and flour, the imports of which will be very large from the whole of the northern ports of the United States. The rest of the commercial intelligence has already been pubished in our SECOND SUPPLEMENT of to-day, at such length as to render any further notice of them unnecessary. The Liverpool Cotton market was slightly influ• enced by the news brought by the Baltic. Prices however, remained about the same as those quoted yesterday. The sales amounted to about 600 C bales to the Trade. The supply of Cotton that may be looked for, from this time to the end of the year, is a very important feature. The vessels loading at Cotton ports, at latest dates, being exceedingly few. New Orleans being only four ships, viz., California, Chasca, Courier, and Grenada. Mobile and Apalachicola none. Savannah, one —Noemie. Charleston, two—Switzerland and Irvine. In addition to the Cotton-laden ships announced as on their passage, in the NORTHERN DAILY TIMES of Tuesday, 'we now report the clearance of the following homeward•bound vessels with Cotton freights:— NEW YORK, October 12 C. Jerome, ... 752 " 13 Enterprize, ... 408 NEW ORLEANS, " 6 Olympus, ...2460 " 6 Guiding Star 2120 Total ... 5730 bales. The Susan, from Charlestown arrived to day witl 2560 bales. The Liverpool Share Market was very firm all day, and closed at a considerable advance. This we have repeatedly predicted within the last fort night as an event which was sure to occur. The London' Stock Market continues to improve. The public are buyers once more, under the im pression ;that peace will be preserved, notwith standing the war rumours so industriously circu lated by means of the foreign telegraphs. Consols advanced per cent, and closed firmly at 921 to 928 for money and time. Reduced, 914 to 911; New 3i per Cents, 931 93i. Bank Stock, 212. South Sea Old Annuities, 99. India Bonds 3 prem. Exchequer Bills, 1 dis. to 3 preen. 'ln the Foreign House it was reported that the Austrian Government have commenced the issue of a new species of inconvertible paper, in the shape of 5 per cent. mortgage bonds, to an amoum equal to 4 millions sterling. What next? It was also stated that an Envoy Extraordinary had been despatched from Constantinople on the 17th inst., to France and London, to negociate a loan of four millions sterling for the Turkish goverment. Thee reports, however, made no impression on the mar . ket, which continued quiet through the day Buenos Ayres Bonds, 56; Chilian 6 per cents., 991; Mexican, 242. 25; Peruvian 3 per cents., 491: Portuguese 4 per cents., 40 41 ; Spanish Threes, Railway Shares have all been actively dealt in, the rise in prices to-day being in several instances 1 per cent. Great Westerns, 80i ; Great Noitherr, 76 ; North Westerns, 1021 ; South Westerns, 73 74; Midlands have advanced to 598; Berwick; and York and North Midlands are each £1 higher. French Shares were a shade better. Gold Mine Shares were heavy, and Australian Bank Shares also flat. South Australian Land Shares, 34, anl Crystal Palace Shares / prem. The Lady Elgin is reported from Melbourne, whence she sailed on the 14th of June. The ex ports of silver to China (chiefly Spanish and Mexi can dollars) still continue large, and are said to b 3 profitable. Both of these coins are of the Kum intrinsic value, yet the Chinese fix a premium of Spanish dollars, sometimes ranging as high as 20 per cent. The Carolus coinage is fast decreas ing, and a large supply cannot be obtained. SHIP WRIGHTS' MEETING, At half-past one o'clock yesterday, the operative ship wrights of Liverpool held a public meeting in the Concert hall, Lord Nelson-street, for " the purpose of rebutting cer tain statements made by the ship-builders' association at a meeting held at the Graving-dock. Regulation-office, on Wednesday evening, the 28th inst 9 and to adopt such re solutions as may appear to them advisable." The hall was crowded to excess, and several members of; the masters' association were present. Some confusion oc curred on the entrance of Mr. Fitzpatrick, but it shortly after subsided and business commenced. On the motion of Mr. Thomas Shimners, Mr. EDWARD GRATTAN was called to the chair, amidst enthusiastic applause. The CHAIRMAN in opening the business of the meet ing referred to the unusual occurrence of the trade calling a meeting in this hall, and much more so, calling it in the day time, and continued to say : —There must be some cause for it. There was a cause. The uninitiated in their trade would say, what was the reason for this ; why were they calling a meeting at this hour of the day ? If there was any person there not connected with the trade, he (the Chairman hoped he would go away satisfied that there was a cause, and that cau se h e ex p ec t e d wou ld b e fully explained to them and answered in the course of the afternoon. (Hear, hear.) The meeting now assembled had been provoked by a succession of meetings on the part of their employers, the last of all being held on last Wed nesday, of all other days, in the Graving Dock Regulation Office. The masters held a meeting, and contrary to all usage, they employed a reporter, and thus had been sent into the public press what they had said about the ship wrights of Liverpool; they had vilified them and called them worse than probably they deserved ; but he hoped they would shoW to the public of Liverpool, they deserved better treatment from the hands of men who had sprung from their own ranks, a great many of them. (Applause.) Let them remember too, that this was an age of progress, and an age of science, of education and intelligence. (Year, hear.) The masters could not now say to a man, " you must take so much and no more," and when they said it the man was compelled to take it. (Hear, hear.) The working classes now knew the value of their capital as well as any capitalist knew the value of his capital. (Hear, hear.) The masters could not now tell them to take this and that, and they took it. They must not imagine we are living in the land of Austria or Russia. No, they were living in England. (Cheers.) The masters had held a meeting, they had called in. the aid of reporters, had dragged them (the operatives) before the public through the press, and they had now got the same privilege for themselves, and thankful they were for it. (H e a r , h ear .) Th ey had got that privilege, and they claimed it as British subjects. (Cheers.) He told the masters, each and every one of them, that this was not the age to say to men " We shall give you a certain amount of wages," and the men must submit, or must lie in such hovels as the masters might choose to select for them, in any part of the town. (Hear, hear,) A man naturally suited his own convenience, and if it suited his convenience to live in the south end of the town near his work, why should it be said they ought to live at the other end of the town, to suit the convenience of the masters. (A voice : Mr. Grayson said that.) The operative shipwrights of Liverpool, had as much right to select the locality of their residence as the masters had. Capitalists in whatever trade they were, suited their own convenience, and the shipwrights had an equal right to do the same. They suited their own convenience, and on that account they were blamed. They had been tantalized and taxed in different ways, and last of all )hey had been belied in another way, whilst they (the shipwrights) had been looking to the grand object of the employers; they had been belied in another way, which was reported in the Mercury, and which had been almost lost sight of. It was under the head "County Courtproceedings," and he was proud to sayhe was in a position, so far as Mr. Major's men went, to offer it a flat contradiction. It was a case in the County Court, between Mr. Major, and one of his blacksmiths. He would state the facts as nearly as he could. There were black smiths employed by Mr. Major, a little time ago, who were not members of the shipsmith's society. That was nothing to him (the chairman,) and it was nothing to the ship wright's association. If a man in another branch of business connected with shipbuilding did not choose to enrol himself in the society belonging to that branch, they did no t inter fere. It was enough for their society to manage its own affairs. This man went and represented in Court that if Mr. Major had not turned those men away, the shipwrights would have struck against them. He (the Chairman) gave that assertion a flat denial, Being at present in the employ of Mr. Major, he should know the sentiments and opinions of the fifty men whom he employed, and they never knew anything about those men, or who or what they were ; nor did they know there was a misunderstanding between Mr. Major and the smiths, until they saw the blacksmith's shop shut, and then they heard it, but heard no more about it until they saw the paper. He merely stated this that it might be as publicly denied as it was publicly stated. (Ap plause.) Mr. Nom, Secretary of the Shipwright's Association, next came forward to address the meeting. He said they had been represented by a certain portion of the press, as exacting an extraordinary rate of payment from their masters, and he wished to enquire whether that statement was caused by them or by their employers.—(Some inter ruption here took place in the body of the hall, caused by a drunken man, who it was stated was not a shipwright, but a publican named Stokes. Order was secured by his re moval.) lie would commence by taking a review of the trade within the last twenty months. A great chancre had come • over the trade in consequence of the great demand for shipping caused by the emigration to Australia. This, in a great measure, had made their trade more prosperous than it had been known for a considerable number of years. In the month of January, 1852, not two years ago, he made it his business then, on a particular day, to make enquiries as to the number of men he could ascertain was employed in the whole of the building yards and ships in the port of Liver pool. If his calculations served him rightly, he believed the number of men employed in January, 1852, on one particu: lar day, was 110, out of a majority bordering nearly on 1,600, and he might say 1,400 (leaving out 100 who might be sick or at sea) were out of employment. He foUnd also, amongst other things, the tonnage of the shipping en tering the graving docks was considerably greater than it had been in former years, and yet there was no greater em ployment given to the men, although the tonnage had become double or treble what it was. At the commence ment of 1852, the amount of employment was not probably greater than it was in 1846, and yet a person looking at the tonnage inwards and outwards, would say the " shipwrights of Liverpool must be in a very flourishing condition, for here we find, by the returns of the dock committee, the tonnage ' was so much in 1846, and in 1852 it is three times as much, and they must have prospered in proportion to the trade." Such was not the fact. Trade progressed, but we remained stationary—Why ? Because the masters had ' got entangled in such a system of slopping ships (Cheers, and cries of " order.") Where one man was re quired to do a certain amount of work, which he could do well in 1846, in 1862 he was compelled to keep pace with the times and do four times that quantity, and consequently they could not not do it so well. (Hear, hear.) A remedy must be provided for that—the elections came on, and amongst other things a statement was issued that trade was progressive, . and that the shipwrights must go along with the, trade. Ile (Mr. Neal) and others thought something was wrong, and that some remedy ought to be provided. What remedy ought they to provide ? It was this. They could do what they had done previously in a good and work manlike manner. They could get up work at least in good condition ; but then it was done very different, and in some cases it was don 6 in a very shameful and scandalous manner. The consequence was the trade took a sudden change. 'Where there was one man employed on a ship in consequence of the determination on the part of their trade, to do justice to the shipping interest of the port, double the quantity of men was put on, and he had no hesitation in saying that the masters who had entered into contracts pre vious to the limitation system, as it was termed, being adopted by the shipwrights' association, offered as much as £56 to foiego their - contracts—why so ?, Because they took them under the express condition Of slopping the work, and when they knew the men would do the work properly, they knew they would be out of pocket, and they preferred to throw the contracts overrboard. (Loud cheers.) Well, this was dangerous ground for the masters to attack them npon. They said, or probably they might have thought, if they attacked the men for doing work properly, they would not have public opinion with them ' • they could not force the men ; but they must undermine them, and endeavour to get up fresh rules, and cause a dispute by some means, on some cause or other rather than the real one at issue. (Neer, hear.) They turned to and produced a fresh lot of rules in 1862, in which their darling principle was to be perpetrated t to get out as many apprentices as they could. A two-handed job was to be done by a single man and a single lad working together, and this would in slack times be turned to a very serious ac count against them ; for every job that could be put off from having four hands, would be turned into a two handed job, and the consequence was the masters would have three-fourths of the benefit, and the men the fourth only. They insisted that the rules'time out of mind had been 'one appr i entice to every three men employed in out door work ; to this regu lation the men belonging to the trade were bound to adhere. There were certain other conditions put in, but it was well known to the trade, that the only thing the masters wanted to abolish was the limitation, and they cared little for anything else. The shipwrights were determined to do a fair day's work, so far as caulking was concerned, because, of all descriptions of shipwrights' work, it did not show whether it was slopped or not. (Hear, hear.) If one piece of timber was to be fitted in to another it spoke for itself, and any man could see whether it was properly done; but caulking was covered over with sheathing, and it did not tell for itself. It was like a man with a good coat and a dirty shirt inside it ; it could not be seen, and no person could tell whether it was dirty or not. (Hear, hear, and laughter.) They threatened all sorts of annoyance ; they said we would stop the trade of the port, and that Liverpool was to be ruined. (No ; not yet.) However, it was finally agreed, that on a certain day in August, the new' regulations adopted by the masters, were to come in force on the 13th of August. Well, on the 12th of August, the night previous to those celebrated rules coming into force, the masters re-considered the steps taken, and they sent him word, if there was no probability of the men agreeing to the proposed rules, they had better refer them to arbitration. This was agreed to. They referred tk them to four gentlemen, extensive shipowners , „ iOl Liverpool, and they agreed to abide by the tahet', to ; and he had the c ommo n honesty, when•• :ince! strangers came before th e ar bitrators, he d! . they would not arbitrate at all on that' not care whether they had it or not, and 6) 0 40 they were justified in not admitting it am code of rules. Some three months wereis from the time the a r bit ra t ors sa t till they sent in des but amongst other things they struck at they wanted two apprentices to every journe7the were satisfied if the arbitr a t ors wer e. Wh° wer cipal persons who empl o y e d th e s hip w rights. Ty satisfied to go on slopping if the owners were. od wrights considered they had done their duty; talked of the sy s t em , th e f au lt l ay w ith the ship°, not with the shipwrights. The rate of wages "0 time was ss. per day, and Is. per hour over-time' 0 ,, trators agreed that for working overtime from eight o'clock in th e even i ng , or from four o'e (r h i, e o'clock in the morning, the men should be paid at 9d. per hour, and for all other hours beyond eigh' ° , night, andbefore four o'clock in the morning) paid at therate of Is. 3d. per hour, and they eild e ue make itappear that shipwrights would be greatly I ?es, this change. All the while this negociation was g °l l was unusually busy ; every one knew that COn' e shipping. And now he came to a period whe n ask who were the parties who first violated OIL. ment ? He should say in the month of Januar). the men had agreed to abide by this arrangenl o s called the Queen was in the Queen's Graving , was unusually busy, and at the time when me n see to work from six to six, a certain master then the position of chairman to the Shipbuilders A.ssner ia that rule, by the agency of his foreman, and the he perfectly Justified in going where they could 'et t d s amount for their labour. (Hear, hear.) Thia t , ; c ol ciple they stuck to all the time, and he hoped " 0 ciple to which the operatives would stick as log lived. (Applause.) What was the consequen ee „, The master who had other ships, and who by the rules laid down, and supposed to be art' all the trade, said, if his neighbour gave 9d. 311 work, when it , was known they could not work hour, as a matter of course he must could not get men at 9d. he would give ls. , quence was that one bid against the other, and operatives) took every opportunity of selling theirs the highest market, and that was the cause al any fixed price being paid to journeymen whole of this busy time. In' course of tiole',) ear timed article appeared in the Live;pool Ch d e it stated in consequence of th e ex t raor di nar y ~e ; wages on the part of the s hi pw rights, could not enter into cont r act s , an d that the p i were driving shipbuilding from the port 0 ' He would leave it to the meeting, to say wheth er so or not. (Cries of no, no.) H e (Mr. Neal) hr a reply, upon which the editor of the Chronicle mented, and he should have replied to that, 13 2 absent in Ireland. He (Mr. Neal) had called the g of the shipbuilders' association to this article, 311 if up to them, and Mr. Green promised to:make a r e P; the Chronicle, or in any,other pape r h e m i g ht choe' it, and that the article did not meet with then 0 the shipbuilders' association, whom it was intended, He (Mr. Neal) had not seen that reply, but he he from Mr. Green, and he would let them know W P article which had evidently been written to 'i t masters, had done so or not. He then read the letter : Shipbuilders' Association, 8, Strand-street, 13th October, o 'l, To the President and Officers of the Liverpool Shipwrights' Club. Sirs,—A passage in a leading article of the Chronicle of last week, referring to the opera o , wrights of this port, having been read at a mee t 13 6 Shipbuilders' Associatio n —th a t b o d y d oes no t 0, the statement therein, or the feeling such 0 1 calculated to create. Signed on behalf of the ass' JOHN WILSON GREENE, Chairman, Shipbuilders' iii The . shipbuilders association did no t c oner o article. They (the operatives) denied it, 5!1, the shipbuilder's association had been forced to u` 0 (Applause.) He wanted t o k now w h at was tile rs tion of this shipbuilders associatio n ? T o the l' : 01 knowledge ten persons had no employment, 0 1 ' lie put down as clerks ; the r e were f our retired 51 / 10 0 one millwright, one ironmonger, two blockmakers , 0 1 and, if his informati on were correct , one ta ilor I , c i the lot. (Cheers and laughter.) The only Frio netted with s hippi ng on this self-styled shipbt - ation was one sawyer , and twenty-two ship wrigi%-t month of February, w h en the crisis had arrived 4 10 1 a Ith, important point that the masters did not know per. for hands he met them several times, and on all c !` o 4/' p l ." 1 told them the men would always accept the 11 ,,', /1 (:' . .i for their labour which th e y could get. He ''gr' k l a " into a detail of the ci r cu ms t ances un d er which "ot ' l li when the Marco Polo was in the graving dock, he r ,Ll'h through . the rule, and took away hands from °,,',," tY, •;,: observing that he had it from Thomas Howarr a i I . V, man, that in this case Mr. Major knew well than ni( were to have 6s. a day. and ls. an hour over tiny p , . tb, of 9d. Things went on in this way during the sjt Pa l men got the most they could, as 'the had a P , * , the but as the dais decreased, it was said 'they the s, ,t f e of remuneration in the shape of hours would 1 6 4 ‘' b,' The masters sent to know to what arrangement `b; ° come, and he would read Mr. Green's matter. The Chairman said they were asvar e held on the 24th September. a resolution w as , effect 1 had been sent to the operatives' club, to the e er . b ut,_ per day should be the rate of wages, and le. ,2 v I;'' ( overtime, provided the hour was worked; and the. A.', a l' aware that on the 10th of October (that be } l l '' period for commencing) it was resolved that the ~e at dinner should cease. It was considered, 11 1 V h `ya circumstances, that it was not practicable to we' T 0 t t ° and consequently, and therefore, that resolutioa., it., adopted. At the same time they considerad eon f ;,:) 1 stathatitopetS {otri4l be only courteous on the part of the association ' 'p 1 v 4 1 .( men notice that during the winter the hour 0 ' a t e of except on extraordinary occasions. Injoic t 1 ,..' of these proceedings a meeting was held on lua stl'„'' t, ' Mr. Neal attended on the part of the club, an P r o d hi e 1 their behalf that they could not accede to that v and, further, that the members of the club demand lt tl day. After considerable discussion, it was app ,4 • CV , Bs. per day should be given, subject to certain de That was the case he wanted to enter into. ,- 0 t o i from the Shipwrights' Association met the master*At . t, were asked if they had thought of the resolution; ,• tb 4 the masters to the effect that they were to hareZa . 4 11 ,, The deputation told the masters they had just:l l ' 4 ' o Y l a ,' wrights, had insulted them in the press and hl ie, ) . R o d to look as low as possible before the P l '';',.lo;:i 4; charged with having always made demands I °, 01,, b., wages, when in point of fact they had never mad e f 0 q 4 1 at all. (Hear, hear.) If they were to be hlan i ( 1 9 , (0} it was time to make a demand ; and they did so, 0 00' mand was the first made since the alteration had . illt in the current wages of the port. They told the v. „ a day was little enough. After some discussionsloil lta't was offered, with over time in cases of emergeneY' e ) tually Bs. was acceeded to, subject to certain e Ai )vb i such as not allowing buss fare, &c. The sP ce „ to t ceeded at some length to justify buss allow 3 f, ' ti ol he said was originated by Mr. Royden, who had an active part in the association. He next re'' 1 %.1 strange manner in which Mr. Royden Wa s JO 1 ,1 with the pitch pot masters, whom he detested, fil". . 4 . 1 1 I made an oracle of him by fetching him to the P',.4 It), Wednesday last. The first thing Mr. R o yden t i e 0 , 1 . 01 ; . do, was to upset the club. (H ear , h ear ). ,P . 0).. 1 t l ; well try to upset the custom hou se . (G rea t apPl° dr, Z masters themselves had a club, b u t it was comp OP °,;it.l, "t a variety of interests he did no t k now w h a t to .?' I N might call it what they pleased, but it certainly I x ;‘) Liverpool shipbuilders' association. They pro&V N a man £5, if he gave ls. per hour to men to 1 113.1 . 4 , I N out of dock, and he asked was not this monstrcnti 'lad hear). Their friend Mr. Royle (laughter) said 85 i , 141 (1 regular robbery. (Groans). That was as nln • ` l oe the shipwrights' association were regular robbers d tot and disapprobation). Well, he confessed if t!iberi 'lle 1 their trade, and those of other trades were 1 3 ' t oi t t l lai public, he wondered wh e th er th e s ti gma wo uld ,1er .t Ilei masters or on the men, (Hear, hear). He Ll lft 's ' t 4 :l in his hand a note which had:been directed to ..-"f' i 1 , e , secretary of the self-styled shipbuilders' .4ed, ii 'lt( 5.00, which he had lost out of his pocket, and was P l y oef, 4 1 1 one of the workmen. The note, which was tor 3 ll Ps 1 , 5 11 1 lated, ran as follows :—" I have received your 1 , )i o 6 t Nose, but have not laid it before the comralt ° lss.i 'k( labour bill seems so enormous high, say, £BO iiae %I money will be all right. B u t y ou mus t glue a ohs in reply * * The ca r p en t er ' s wages excee d M Y o r tt . j t ,, i but lam aware there was a good deal of good rl her." He (Mr. Neal) had made a ca lculation , k, was less less than £5O w or th o f wor k d one to tl i le w ho Iv a yet there was a charge of £B6. N o w, he asked tY o h right to be charged with ro bb er y, th e ma sters 0 o ei , i ; (Hear, hear.) Ile would refer to one passage t o' t it t , " Tha t be I of Mr. Clayton ; it was as follows : o f bei rate of wages here was taking away the trade () It o eti for he had seen in the report of the last meeting hecoli committee, that a pilot boat, which should WA, i l!' at Liverpool, had been taken to Ipswich, in co ia v oi :) " the high charges here." It had been state" i ",,irlis ; fo committee, that in building a pilot boat at IP' to c t „,', htt, ing had been made in labour alone of £s l9° 4 6.3.,,tr; if with the price of labour in Liverpool. Ire be n 0 1 /1 1 IIY ta t tradict this ; for the whole amount of labour °- r 0 , 1 1), in Liverpool would not exceed £205, and er e t oy 11 11 would be made out of it at £3OO, and there I li , iil) hfl b the platform ready to contract to find„. 1 0 . t.% k, build such a pilot boat for £3OO. He (i'"" l'' eio l'ti direct attention to an old friend of theirs , 31t r 've " /I , O AF.I'' 1 11 1 : . uproar), who urged on the masters to 41 1,04'1 , 41 Great uproar, and cries of turn him out.) i.O deo) ~ itzpatrick was one of the foremost 1 11 , 04 0 ,. lic'l!f l i ',/,' t „ I could, in 1827, against the masters. Cu e — O' "4 his position was reversed, and he did g o had co ,j power against the men. (Hear, hear.) - L' a ON through the facts of the we; they had hee Po o l