Northern Times. — Liverpool, Merseyside, England, 1857-10-23 00:00:00

SMITHSONIAN HO.T EL, BROJIMWAT, Corner of IioNSTON-ITEgirr, New You. N a med 1D honour of the Shl/11230NIAS INSTITUTION, Established at WAS INOTON, by the U. S. CoNGaess, With Fends bequesthed by JAVXS SILITII3ON, of ENGLAND. Sarin the Friendship of th 3 OFFICESi of the NuToNAL INSTLTUTLON Is conducted on the System of Hotels in ENGLAND. CHAS. H. SMITH. THE MUNICIPAL ELECTION. TO LIE. BURGESSES OF SCOMAND WARD. GENTLEMEN, —Having been waited upon by a large end influen'ial dep itatien of my Fellow Burgesses, many of whim are known to me and highly esteemed, requesting that I should aloe myself to be put in Nomina tion as a Candidate at the •e, theaming Eta etion, to represent your interest in the Town Council ; I feel that I should be wanting in a sense of public duty if I did not at once respond to their wishes, notw,thstanding my long-charishod preference for the reorement of private lire. I regdrd it as alto zctlier unne try to make any aluslen to my lsoliti.Al views, as my antecaden:s are before yon, and which, you are awo e, have always been for Frogre-s and Rof .rAn. Amoag the many gnestions of local interest, which demand the attent'on of your Itepre en'ative, toat of the supply of pure and wholesome Water. seams to me to be the moat pressing; and, as I am thoroughly corvine d of its being ;rdcticab e, my utmo3t endeavours shall re exerted for an unadulterate i supply of the Red Sandstone Water f d etetic purposes. In the application of the public money I trust you will always end me the adeo:ate of the mo•.t tgid ecuno ny cotisistent with efficiency. Shou d I be honoured by your choice, you will end me use my best efforts, by voce and vct3, to cot': y du and support el such other measures as may ten i to improve Cie mor ri condition, and promote the health and comfit of the Burgesses and Linablints generally. — I am, Gant emen, your obedient reevant, Burlington House, Waterloo, Oct. 22, 1857. IVIL.LIA.II LIVERSID3 E. Co tuurrci ;I 011).• ♦t twelve o'clock, 23 ba'es Cott 41.—Keishaw and Jardine. At twelv3 o'clocic, at the bro'er's office, 13, Tempest-hey, about 60.1 tons Guano.—John Rowlinson. At half-past oae o'clo ;Ic, at the b - oker's office, Corn Ex:halm-build ings, Brunswick-straet, a qaintiLy Woe ,t, H. Golding. if- For partieulara see' advertisement,. tIUSS'AE r N, PU,ILW &c. 114 PAY. TELL2Iin ROYAL —op3ratic ParLralances-7 p. SCT AL A SSraT r 1 EATIR E—o Per`oramcB3-7 p.m. 11INGLim'S CIRQUE VAILILTS, DAla-street —7 p.m. nal AiON'S HALL, Li ne-street-7 p.m. Liv=moor. ACADZAT'S EXHIBIT ON, Postoffice-place. .50P'S WACW3IVE EXIIIBITION —lO a.m. to 10 p.m. CZATZON HALL, Clayt. n-square—Gurion Cumming—S p.m. L2TAL COLOsssUx —General Entertain nest-6.30 p.m. C . "'" For particulars see advertisements. WANTED, COPIES of the " NOMIIERN DAILY Tams" of the followirg dates:—April 10th and lth.—Apply at tha 3Torthern tines o `ce, #7:iirtis6 (t,be ituttbki4 I 91, FRIDAY, OCTOBER 23, 1837. THE DAY'S NEWS. The Dock Committee held its regular weekly meeting yesterday. The business was merely of a routine character, excepting that several com plaints were received concer9ing the want of Dock accomtnolation. The Committee le solved that the matter should be looked into. The Chamber of Commerce are, it appears, also very dissatisfied with the Deek accommodation, and at their meet ing s esterdey, several resolutions were passed, showing the utter inadequacy of the present Dock accommodation at Liverpool. The health oZ Liverpool continues very far from satisfactory. Last week the deaths were 254, being l J more than the previous week, and 28 more than the correcte 1 average. The meeting of the Toxteth Board of Guardians was held yesterday, but no business of the least importance was transacted. The inquest on the body of the engineer of the corn mill,.Great Howard street, was held yes •er day. After hearing evidence, the jury were satis fied that the explosion was caused by the neglect of the engineer, who was killed on the occasion, and they returned a verdict to that effect. The Ward meeting held last night , wi l l be found e - ne Dike of Cam - bridge has been visiting Shef field, on the occastuu or ittylug tae tounatton stone of a monument in honour of those fellow townsmen who fell in the Russian war. The Duke and the General expressed their convictions con cerning the rebellicu in India, the latter being o! opinion that ne ole coul I have predicted that it would happen ; the former, that the turning point had come, and that justice must take € ffd ct. The Commander-in-Chief app 'aced to guard himself against the reproach of putting the rebels to death witleout trial and conviction, but where guilt was established, he held out no hope of mercy. Taking the speech altogether, it will be observed that the Commander in-chief declared that recruiting is progressing in a way which is " perfectly incredible." He also said that the Incran mu ineers should be brought before proper tribunals and duly punished ; tied that thee misfortunes should make us repair the Indillea errcrs we have committed. Sir Harry Smith, however, declared that the Bengal army had no cause for the conduct it had hebn guilty of. Another profession of belief wor'h reproducing has been made at a meeting in Scotland, by a Mr. Colquhoun. This gentleman boldly avows the opinion that all our annexations in India t . were forced upon us ;" and that Lord Dalhousie is the greatest statesman of the age. A tunnel between Englenl and France would be a miracle as well as a novelty, but the Emperor of the French is reported to be convinced that the thing is possible. One M. Theme de Gamond, says the Siecle, has made the matter plain to his Imperial Majesty, and the Minister of Public Works and the Minister of Marine named a special commission to consider de Gemond's proposal], who have come to the conclusion that the man is not mad. Wiser than ourselves, the Siecle adds that the British Government has also named a a,mmission to co operate with the French engineers respecting the submarine tunnel. _ _ _ The domestic news this morning is not of the least moment Mr. Bright, of the firm of Taylor and Bright, corn merchants, Hull, has been arrested for forgery. There are two charges, one an endorsement of a bill of exchange, and another the transfer of railway stock. Mr. Bright was the late chairman of the Hull Flax and Cotton Mills He was remanded, bail being refused. A communication dated Bristol, sa) a, information bas been received in that city, on what is con aiderel to be most reliable authority, that John William Beale, who is now a prisoner in Taunton Gail, charged with the murder of Charlotte Pug,sley, has made a confession of his guilt to the .governor, Mr. W. Oakley. The precise nature of the confession has not transpired. ) Of the three remaining persona who were buried in the debris of the colliery explosion at Oswaldthis::le on Thursday the 18th instant, two are in a fair way towards recovery, and the other, a boy, will, it is hoped, get better. Application is being made to have the unde:- looker, William Oldham, bailed, he having been committed to Kirkdaie gaol to take his trial fur causing the deaths of the two persons who died from the burns received in the explosion. We have not heard whether the application has been suc cessful. At the London Bankruptcy Court, the other day, the case of Sadgrave and Ragg, cabinet-makers , Finsbury, came before Mr. Holyrod. The bank rupts commenced business in 1851., with a capital of about £l,OOO each. Since then they had dealt in accommodation bills to the amount of £39,000. They were opposed on the ground of trafficking in these bi'ls ; and in examination. Ragg admitted that their young clerks used to accept bills for them One poor man, belonging to Torquay had Accepted twenty bills at once for them. One of the acceptors was a Mrs Hirons, an upbolstress, working for 83 or Os a week. The question of their Cotificate was adjourned. Ot Foreign news this morning we have not much to chronicle. A telegraphic despatch from Vienna announcing the almost unanimous resolution of THE NORTHERN TIMES. LIVERPOOL, FRIDAY, OCTOBER 23, 1857. the Moldavian Divan in favour of a united Roumania under a Western Power, is confirmed to-day by a more detailed dispatch from Jassy The resolution affirms the principle of the autono my of the Principalities, conformable to treaties with the Porte, the rights of which are admitted; the union of the provinces under a prince of a western dynasty ; a representative form of Govern ment, and neutrality of the new State. It is expected that the Wallachian Divan will pass a similar resolution with the same unanimity. M. Mon left Paris on Tuesday evening, and arrived at Bayonne on Wednesley afternoon. He can scarcely be in Madrid More Saturday, and therefore the constitution of the Arrnero ministry, supposing it to be accomplished at all (of which doubts are entertained), will not probably be announced before the middle of next week. There is a very general impression that his ministry, if formed, will not last many days after the meeting of the Cortes. The majority of the Madrid Press is, however, disposed to advocate a fair trial for them, and M. Mon, though not by any means a liberal in a political sense, is a free trader, and intends, it is said, to conciliate and interest public opinion by large commercial reforms. The Divan, now sitting at Jassy, is reported to have resolved in favour of the union of the Prin cipalities, and in favour of a King taken from one of the royal stock of western kingdoms. The Prussian Government have published tha text of a private letter on this sulj.wt, which was sent to their foreign representatives. In this corninunica tion Prussia commits herself to nothing but. the strict and faithful execution of that Treaty of Paris which it had so very little hand in manufacturing. The principal foreign news of the day, however, is that brought by telegraph, that the Wallaehian Divan has almost unanimously affirmed the prin ciple of the union of the Principalities under a prince belonging to the western dynasty. There is something ambiguous in this. During the Crimean war, the " Western Powers" signified only France, England, and Sardinia Geographically speaking, however, Belgium, Holland, Spain, and even several little German states are comprehended under the designation. Now th:•t the vote of the Divan has been given, there seems a dispositio❑ to diminish its importance. Few people think that the political union of the Principalities is likely to be aceorn plished in the face of the decided opposition of Turkey, Austria, and England. The Prussian Circular, also juat published, is not at all of a character to give the Unionis.s any great hopes of tha support of that power in the face of a determined resiatanee. The Porte, it is said, intends to send Fuad Pectin as a special commissioner to the Congress of Paris (whenever it may need), to support its views and assist Djamil-Bey. Iu that ease the other Great Powers will probably send special envoys alsa, and the second meeting of the Congress will not consisf, as was at first arranged, of the see' nd plenipotentiaries only. The mails and passengers from India have arrived at Marseilles. Amongstthe passengers are Mrs. and Miss Brooks and Miss Clete, who escaped from Mhow by riding hundreds of miles. They were confined for a long time in a fort, when they had to feed with the horses with which they escaped. Mrs. Graham was also on hoard. That lady escaped from Sealcote. Her 'ausb Ind was shot by her side in a carriage in which they were escaping She drove on, and thus saved her own life. The steamer which brought down to Suez the Bombay mail, conveyed to Aden abut 50 of the disarmed troops in the Bombay Presidency. They threatened to be mutinous on board the mail steamer • from Bombay to Aden, but became very sea-sick, and quiet in cansequence. The passengers by the ' Ripon met English troops passing through Egypt. EIGHT per cent. is the minimum figure at which the Directors of the Bank of England will grant monetary accommodatation to the mercan tile and trading classes. And even at this high rate there is an unwillingness to deal in paper. Besides this, the accounts from the United States are discouraging and gloomy in the extreme. Canada, too, is beginning to feel the r‘nrte ,a .1. _ A - ' . 1.- • 1 1 . Tian advices are not quite so satisfactory. The war in India still continues; and, disguise it as they may, the East India Directors are in tad want of the " sinews of war." In fact, they have been obliged to ask help, and contract a loan. In such a state of things we ask—how is it possible for the wheels of commerce to keep moving ? We have already had several failures in this country. The fact that the American panic has not ceased, and the advance of the rate of discount on Monday, cannot fail to lead to fresh embarrassment. We only hope, for the sake of the country, and the porer classes of its people, that such will not be the case. It may be said that we are raising a needless alarm; that the wealth of England is by no means exhausted, and the trade of the country is in a satisfactory and healthy condition. With regard to the wealth of England being unexhausted, we admit that that is so. But it must be remem bered that a vast portion of her wealth is locked up in railways and other national undertakings. The securities held for these investments cannot be converted into actual capital at the present moment, unless the holders desire to make an unreasonable and a most unusual sacrifice of their property. The Fund., notwithstanding all the subterfuges adopted in order to maintain their respective values, are tumbling down, and railway stocks and shares never fail to follow in the wake. Hence it is that everything connected with our monetary system is in a most precarious and shakey condition. But are the commercial classes in a better position ? We answer, "No." The produce markets, both here and in London, have presented a dull and drooping appearance of late, and a general reduction in prices has followed. Merchants cannot see their way to carry on business, and be obliged to pay from S to 10 per cent. for discounting their business paper. Speculators, ton, have been driven from the markets. Again, matters are not in any better condition at the great seats of industry throughout the manufacturing districts at Manchester. We are told that the depression in that market continues to prevail, and business may at present be said to be altogether at a stand still. Birmingham letters tell us that the trade of that town is dull, and it is the confident opinion of well-informed parties there that should the rate of discount remain as high as it is, it is quite certain that in somebranches of the foreign trade the merchants will be compelled to suspend their orders. The Woollen trade of Leeds , Bradford, Huddersfield, and Halifax a.e said to be very languid, and at Nottingham, we know, an equally unsatisfactory state of things exists. In fact, the foreign demand has completely fallen off. As yet there is a moderate enquiry for manufactures for home consumption, but this also must eventually become limited. In several parts of the manufacturing districts the owners of mills have had recourse to short time, so as to enable them to keep their stocks within a mode- rate compass. Now, from all these facts, it is clear that, unless we have reached the worst point of the threatened crisis, the trade and commerce of the country has not been in a more discouraging cindition for at least ten or eleven years. And, taking all the circumstances and facts connected with our presen tposition into account, we fear there is just cause for apprehension as to the ultimate re sults of the m3netary and commercial disasters which stare us in the face. At a time, then, like the present. it behoves our rulers to be on the alert. " In the multitude of Councillor ; there is safety." It will require all the financial ability which the present Parliament possesses to stem the torrent of commercial embarrassments which seen quite at hand. It would be impassible, in even mlly articles, to trace out all the causes which have contri • buted to bring about the present state of things. Among them, however, we feel no hesitation in placing the laws which regulate our monetary system. That system is of a m)st diversified character, from the numerous enactments by which it is regulated and carried on, The Bank of England is hedged round with a monetary monopoly, which makes it the " Banker of all the London Banks." The primary object of the Act of 1844 was to extinguish the local circulation of country Banks; and this, we believe, has been for the most part effected. Still, we should very much deplore the extinction of the issues of these Banks, and the substitution of the notes of the Bank of England. We have, over and over again, in these columns, urged the expedient and imperative necessity for a reformed currency. The arguments by which we sup• ported the doctrine are being verified every day, and a better proof of the soundness of the princi ples we advocated could not be found than the steps which the Bank of England has been obliged to adopt, in order to fulfil the letter and spirit of that anamolous enactment—the Bank Charter Act of 1844 ; for, according to the evidence given by Mr. CHAPNIA.N, of the banking house of OVEREND and GURNEY, before the Select Committee on the Bank Acts of 1844 and 1845, the Act is defective in its want of protection against panics, against any uncontrollable with drawal of the circulating medium, arising from bad harvests, or against war. This same gentle man, too, most unanswerably showed that, according to our Banking laws, it is quite in the power of a few speculators to withdraw the circu lating medium from the active operations of business. Although such speculators care nothing n11"131- v+11.3, 1 11, sp. s h"1,1 .-sr • • Z • T 1 1_ 1 , and, through that, the value of every thing else in the Kingdom. Enough has been written to show that our Banking laws are the main causes of the present state of our monetary position. THE Liberal canvass of the Borough progresses most favourably. In St. Peter's Ward, Mr. BOWRING'S friends look forward to a signal vic tory. We rejoice at this, not because we have any personal dislike to Mr. HARMOOD BANNER. We respect that gentleman's character quite as much as those who are constantly sounding his praise. That be has strong claims on a conside rable number of his firmer constituents we readily admit ; but we contend that the day has gone by for rewarding the excellence of pri7ate character at the expense of the public service We want men in the Council Chamber of this great commercial town who have influence, and whose words are listened to with some attention. Mr. BANNER has failed to secure these strong recommendations. He has no weight in the Corporation. On the Pike question, his votes were given on the rational side ; but the Rate payers had a right to expect a great deal more than a silent vote from Mr. BANNER on this most important subject. Mr. BANNER was Chairman of the Harrington Water Company before the Corporation took the supply into thei: own hands, and must, therefore, have been better informed on the subject than any other man in the Council, yet Mr. BANNER was silent. He neither attempted to frighten the crows, or " talk the wee birds off the bushes ;" and if our Corporate representatives do not lend us their assistance when they can do so, what have we to expect in other important cases ? The business which must come before the Council within the next twelve months is of the most unprecedented magnitude and importance. All Manchester is laughing at the antics of our Dock Magnates in Parliament, in the last Session ; and although our Corporate wiseacres have successfully turned the laugh against the Manchester tricksters, they could only accomplish their design by doing the greatest amount of injury to the commerce of the port of Liver pool. The Town Daes were abandoned for a consideration of 1,500,0001., to be paid off in severi e years, out of the revenue of the Dock estate. A further sum of 1,337,000/. is to be paid to the Birkenhead Dock bondholders by the Corporation, from the same source. Another 1,500,000/. is to be borrowed to finish the Birkenhead Docks. This also is to fall on the Dock estate, and when all these items are added to the existing dock debt, 6,990,0001., the grand total will amount to about 11,327,0001. To his is to be added a very generally antici- pated loss of 100,000!. per annum on the working of the Birkenhead Docks, and 4,000,000/. for the North Shore dock extention job ! These are the embargoes our Corporate representatives are heaping on the commerce of Liverpool. Every sixpence the Corruptionists could lay their hands on to squander, is to be thrown on the trade of the Mersey, and this is what the Manchester Corporation call " abolishing dues and other charges unjustly levied on the trade of the ma nufacturing districts." The hoax may be swallowed by their dupes. But it is for the Burgesses of Liverpool, and more especially the dock Ratepayers,,to see that where the commerce of the port is so deeply involved, none but keen and fore-sighted men of business are sent into the Council. As for the politics of a Corpo ration, what are they ? A mere sham, by which jobbing factions are kept alive. We hope, then, to hear no more of politics in these Municipal contests. A Corporation has but two sides—Corruptionists, who seek power to advance their own individual ends; and straight forward, upright men, who look to the economic management of the public money, and general welfare of their constituents. The latter are the men we now stand more in need of than ever; men who will not assume to have a prejudice which throws their weight on the side of jobbery, and who would scorn to encourage a passion as a cloak to cover the perpetration of a great public wrong. Accident can rarely, if ever, place a really upright man on the wrong side of a divided house. If any man can be found with sufficient hardihood to say that there is no cor ruption, no jobbing, no toadyism in the Liverpool Corporation, then, indeed, gentlemen might take whichever side of the Chamber pleased them best ; but, until this is established, no one can take his place on the side from which all jobbery dates, without f)rfe,iting that" confidence as a public servant which he enjoys in private life. If in saying this we give expression to the sen timents of the Municipal electors, it is to be hoped they will not allow their votes to be swayed by any considerations which relate only to matters of a private character. The Borough wants good, upright, and efficient men, to con duct its publie business. The dock, water, and gas questions at present involve a sum of some 15,000,000/. Certain little jobs now in embryo will swell this gigantic budget to some thing like 18,000,0001. Here, we think, we show sufficient cause for vigilance on the part of the Ratepayers. The D. Ratepayers appear to be quite unaware of their stake in the coming election. The new Conservancy Commission will, however, bring them to their senses, and when the present dock rates are advanced 50 per cent. " for th..! benefit of commerce," what will our Manchester friends say ? It will then be found that the elecion of rui (lie CU' p.irtnicni was not -•••,,,.-1 „I 4- _ •• the Burgesses Burgesses were without a warning voice. We have devoted labour and space enough, in all conscience, to the exposure of the Council's doings, and the avalanche which is impending over the Borough. Oar efforts to meet the difficulties before U 3 have not been wholly unsuccessful, it is true; still, much remains for the electors to do at the coming election. Wherever a Liberal candidate offers himself for a seat in the C)uncil, a determined stand should be made to return him at the head of the poll. Some such demonstration of the moral opinion of the great bulk of the Burgesses is required, in order to show the self-created and self-su.staing majority in the C.nporation that their management of our municipal affairs is n )t as irreproachable as they seem to think it. New blood is wanted in the Council, and while St. Peter's Ward is making becoming efforts to supply this want in the person of Mr. BOWRING, a shipowner, merchant, and dock ratepayer, the same laudable spirit should be shown in every other 'Ward where a Liberal and inteliigent business man has been put in nomination. SUNDRY engineers, chemists, and aspirants to philosophical fame, are amusing themselves, and, at the same time, filling their pockets at the cost of the ratepayers, by attempts to discover a something more mysterious than the elixir of life, or the philosopher's stone of the ancient alchymists—namely, a method of transmuting bog-wash, by some miraclous system of chemical filtration, into pure, limpid spring water. Such a discovery will—if ever made—not only im mortalise its author, but it will prove to them, their heirs, and successors, an el dorado. But, in the meantime, while these subtle and incompre hensible operations are being carried on, are we, the ratepayers, to be compelled to use a com pound decoction of wash, miscalled water, in order that we may more fully appreciate the blessings of the doctored beverage, when we get it pure and undefiled ? We hope not ; and if the public submit longer to the jugglery, the blame be with them, not with us. We look upon the proposition of the Water Committee, to continue the mixed supply until some indefinite period, when it shall suit the convenience or please the caprice of the Water Engineer to report the result of his Quixotical experiments, as a cool and deliberate insult to the common sense of the entire population of Liverpool. What is meant to be conveyed by the resolution of the Water Committee ? That as much of the well water as possible should be pumped intothe mains, and that the deficiency (?) should be made up of Pike water. Simply, they desire to perpe. tuate the fraud and deception (whether knowingly or not we do not care), which has been so long practised on the people of Liverpool in regard to the well supply. We tell the Committee, and we make the asser tion on no light grounds, that the wells are, even now, capable of yielding much more water than the people of Liverpool can legitimately use. Then, why should we be afflicted, accursed is the proper term, with any admixture of the abominable Pike wash. The Water Com mittee have in their employment men of intelligence and integrity, conversant with all the details, who would, if they dared, disclose the truth, but their lips are hermetically sealed—a system of the most brutal intimidation has long been in operation in connection with these works, which is a reproach to all concerned. The veriest course of deception has been openly and unblushingly practised, and yet no one cognisant of the same dared to denounce it. But we tell the Committee of the present day, or whoever may be their successors, that this system can no longer be continued with im punity. The whole management, ever since the works passed into the hands of the Corporation, has been one system of jugglery and decait. The antipathies of the Water Committee, or at least of a majority of them, were rendered sub servient to the interests of deep designing schemers, who, for their own selfish ends, em braced every opportunity of traducing the home supply, and exalting that of the Pike, regardless of truth or the welfare of the inhabitants. We have already counselled the ratepayers as to the course they ought to pursue, seeing that the Water Committee have tried so many experiments for their own satisfaction, and for the pecuniary advantage of persons who have been so long bask ing in the sunshine of their favour. It is full time that they should now respond to the wishes of their constituents, and make a fair and honest trial of the capabilities of the wells to afford the supply necessary for the wants of the town. The Water Committee can have no just or legitimate excuse for not making such an ex periment. We believe they yet have some few honest men in their employment, who, if per mitted, would very soon practically demonstrate that there existed no necessity for any admixture of Pike water to make up an alleged deficiency of the well supply, but, on the contrary, that the latter, with honest management, is ample for every purpose, and that it would prove so for years to come. But, then, let the manage ment be an honest one—not such as has charac terised that of the last ten years. If the Water Committee are honourable men (as we never doubted they were) they will accept the challenge, and boldly declare their readiness to put the matter to the proof. Tois is a concession which, in justice to themselves, they ought at IL will 111VOlvo ialerruption to any experiments or operations which the agents or the employees of the Water Committee may have in hand. We believe the modus operandi of the test, we propose, can very soon be arranged. Certain members of the Council endeavour, as usual, to hold up that exploded hobgoblin " fire," in order to frighten the old women, or big children of the Council, into a belief that in the event of a fire breaking out, and from some (it might be unavoidable cause) there was not an adequate supply of water available for its extinction, the Council would be held responsible for all damage, however great. How long shall we be calle 1 upon to combat such ridiculous phantoms. The bare notion is something more than prepostrous. So long as the Council use their utmost endeavours to supply good and pure water for the use of the inhabitants, and as far as practicable maintain their mains charged,, nothing more can be required of them, or any other body entrusted with water supply. A. hundred contingencies might arise where, even with four Pikes, the supply to Liver pool might prove inadequate. A drought might occur, not for one year merely, but for a succes sion of years, as has been the case often, when the whole of the sources of this supply would be dried up. Some convulsion of nature might take place, causing an overthrow of the enormous Pike embankments, and a consequent deluge of Pike water. It is within the range of possibility, and even probability, that there are, even now, small, and undiscovered leakages underneath some of these embankments, through which a little dribblet of water may be escaping unnoticed or unknown, but which may by degrees be under mining the embankment, and may burst out at a great distance in this treacherous ground, and empty the reservoirs without the slightest warning ; or subsidies may occur on the line of pipeage, or intermediate reservoirs, whi2h might be the means of depriving Liverpool of any supply for weeks together. But these are only a few of the mischances which might arise from the Pike supply—none such exist with regard to the wells. Here the supply is on the spot ; no artificial embank ments, or other works necessary to retain it in its place ; nor is it influenced by the seasons, whether wet or dry. Even an earthquake, suppos ing such a thing to occur, by further dislocating the sandstone rock, in place of causing any injury, would be positively beneficial, as we would then find the wells filled to overflowing by a natural operation. So much for the fanciful objections which sundry pro-Pikeists have in dulged in regarding the well supply. The Cor poration have nothing to fear by re turnig ole ta , this, if they elp so with an honest VII.P Acts of Parliament notwithstanding. 4. r t• le, i ° Tax ACCOMMODATION SY STF M. The CitY yesterday's Times, contains the following in case l whiciz has come before the London paplit„u„Peer Court:—" Another touch of enlightenment on the 0- da y tnodation bill system, was given to the public YeSter A OP in the BaakrupteY Court. Messrs. Sedgrove a" upholsterers of Finsbury, came up for their certioel3o Their transactions had been extensive, amounting ° he ir than or. three years to little short of £200,000, reference to iginal capital having been below £2,00 0, the ; bele supplied their wants by the wholesale creation n i h ' for which they obtained discount from soroe,tohfogra-epi quiet gentlemen in the Metropolie wha , hist ostensible occupation, employ their mean s illeelogg g encouragement to traders of this description* lj was the financier of the concern, and from th e s , - e l ef him displayed, the public may hope' t o he' 3l l 0 ari n se again whenever a neer speculative manise-b lie evidently belongs to the class- froas weisty m shareholders of great companies delight to sele e Ai . o • o 4 th an t agers, and would probably, if his talents all rivals appropriate sphere, have distiteguished ilitnseP rivals in the speed with which he would hs trd t he usual the property of his constituents, and ga" - se skill t stimeniafor vote of thanks for his elevotion• in manufacturing that which some of the Bir ° l or eC r lif T: ot currency writers woul call money la attempts unhsitating, and, although there Was scar°e' to conceal the character of his PaP er d ' i of influence was such even on the suspicious entre and capitalists that two of the fraternity—a Mr; Je""iiro ts aMr. Stephens—had been accustomed for years bills te negotiate his draughts without question as gPlne_, at a discount of 10 per cent. In fact, his eV i i P o s ee transactions with More since 1847 are alleged' T o thol reached .4'2)0,000 or £300,000. but it is d° bet personage to state that, although in his sin3Pliei`Jestellt iastfo found himself a creditor n tr d i e o r re th h e i esta is t t e a t k o e t b il ; ;0;1 of X 2,700, he endeavoured to r u e a c preferential assignment of security .s m an act °l.s , h e re ter i ' s n i • r ss defeated only by the vigilance of other er` -1 ele Mr. Ragg seems to have kept a staff' of accePt°hrts. 11 0 admitsaccustomed that a Mr. Smith, of the Isle of W i g7 - I ' § P er ustomed to assume that position at the rate "600 bill, signing them in bundles, as if they na d , b e ee te u A fr Northern) dividend warrants, without e%ar al°- ° fi ° o l. p s oo Nir rman living in London, named Woodm an, Ails ta d a . Woodman, of To • • a ceeP - e o, !quay, had likew ise , e re f it° ,,f hills—in fact, as many as were wanted. te t of Stratford-terrace, was another agent , gave his acceptances in any amounts and at but who also authorized the nephew of Mr. Sog,affBoes: senior partner, to sign in his name—a rivilege 11' gentleman t seems to have appreciated. P elle O r l 'i l ll cr. k forwo youths in the service of the firm were ill s .0° s a t e .k the same distinguished employnocat• ' t p e ic O ge ' Georgeto accept Jones, aged le, with wages of 63 per w i e ,.; accept in the name of Mr. Gutteridge, f :oorale!je. who, he was told, was a gentleman of means, bat afflicted with paral sis• 14°1 ,1 11' sig : 16, in the receipt of £2O y a year, us e-- 1 0 ° Ire ° name of Bradley ; and a Mrs. Mary AO%OO who worked for them at 83 per week, rat e sYi s° Mr. Hirous, of 5, Middleton terrace, NI at i° : her place in the money market under that doosles- the as a h s ea re d s s p o o f nsible for £2,000. These are merely s ° ot f [ r the disclosures. They were draws ° to et' e solicitor to the assignees to induce the Oi iirt fl efer' some fitting and severe punishment. Jadeene rit ' t -° h o was deferred. It seems to have been hinted tha t t b on position to the bankrupts is conducted Ps i l l 'e S t• instance of More, the discounter, and the sa lie i ° at " - a attended on behalf of Ragg pointed to this Pe lop most culpable. But, whatever may be the oPi ii ',. o- e 0 respect, it is not because the most culpable ""cp escape his deserts the other should escaPe 6 Alfred Sadgrove. the nephew, who accepted i):041°; eriminately in the name of Brown,--en indiv ii oft; existences altogether questioned,—and W ll3l , :Oct have been present while the lad Jones wa s : 1 : 1 9 the name of Mr. Gutteridge, will, as la. td, t con cern: 1 : 1 0 ; 0 powers _of the Bankruptcy Court are of age," "elY L"'"'Y tt;nd pleads that he was only a serran • _ o io have lost, lila place it heel ,iU acted as his tn 91016 have directed. The Court will doubtless see in th i di od j a m nothe e r d, feature that gives the case el tracW t t° thepor ante. It is not alone from the eir 0 0;1 01 ° fll ° manufacture of accommodation bills is ° , 119 500 4 0 11 t,. most a base offences now extending througho° opic the a l e o , n fostered by a set of money lenders w ho i d l o i re 3 ,4 ° ; run, fatten upon its proceeds, that peculia g r attention. Its worst pointthat ' el li s f the extent to which nurseries of crime is al be pt dPet t - e 1 3 1 : through the villany of employers. In the ra ce d e a ' la of the Customs' robberies at Belfast,. it wa o s ti ti n 7 c hi ls o . rie t: the offender seemed to have train . complicity with his rascality. The young men 0 3 e ° s , o e d t P 1 , 1 ; 1 were employ considered that they excuse would his servants, and bound to °bee f t he ll.- carry them through an thin e l :, ° e r° t way Mr. Ragg appears, in addition t° tort' of fictitous paper, to have kept future candidates for the 13th-54°111 u rli of deceptions and forger ies , :r e , t° it ir adopted p at of the dictation of a master is altn °9- tn o 13 .4 1 be r turned to personal account in later life. ° t e tt - 1 111 s li Tt ° ' '' the system of adulteration and advancing al5 o „lier frauds, such as hive lately been exposed' ; est Pit merits assert that a number of our treat see lt. :elf of are merely schools of corruption for t ; to ° l a, young persons employed in therne an d e tb i :e w oa es ;Pl i t the place of every member of an existing " tepee half a dozen pupils are graduating who wil l , P e r „ e- lf r e e a ° next generation. The state of the law re il°6 . l o ol 7, to crush the evil, but we can seize such are w lh o presented,andgioomy. op pete ro if we neglect to :do so O r P ion Pr t° Of - ore 0 00 NECESSITY FOR: DUCK E7CTENSION.-- - ”' t he aol op .n goo 1 authority, that at the !fleeting O f or e ig the Chamber of Commerce, held yoiterdaYlludisto unusually large attendance of members, in e g at r e po l o , deputies from other associations, and e n , t r ittref l oe tli f, demand for dock extensioa, that no less tn, e , doe% n i b motions, all based upon a stron g deman d dation, were.brought forward before the tin` .- . ; ed )11 th tlit ultimately adopted the- resolution conta ine d o f . 0 e . endings, noted in another column. 9hs' tbet> ~tll Nuw SCHOOLS AT Bansmaxam—Th e -°4loit new schools at Birkenhead, in connectiani„ja Y t io leyan Church, tlrunswiek-street, ()i(/' afternoon s in Beckwith-street, in the' ttv" rtl° - 1 A. was a large assemb'age of the r espeetab le s l ;ot h , i hoviii ad t u ah:s s ise l d l e a m l bpbry c ol o ye r x.es e ceremonies commanity prezent oa the interesting ee pee, - t ot t he hn F l e e ,, s r r ue n s 7 tui were a o rla r ce , sion was formed and proceeded to the P o et of s i a v n m er i ,i t d , h s .k o t e t s . ll ,:w g e err4e o t . ° , ° .a ff e a r red : G : Dee „ r v ar o ad•vanced. o ditot 101 0 te o hpd h i.. served, and the 0 ' 1 ,0 06 4 to Th son of Mr. Alderman Green, ST. ",,fe it td prietor of the Wexford Independent, new s ( e fo re e ar s appointed !o the chair of the Archaologine V i a % I t College of Ushaw, Durham, a distinction ne s oeie it 0 1 `;f0 to so young a man as Mr, Greene is, onlY b y Oo r 0 of sr, and Ir.s gained his proud position ii„eotol_4,oo A brother of this young genticman, 0 1 Y ec iels Ve l th of age, recently carried riff ceveral gold f° Da bl,i o ' prizes at examine:ions at Trinity College, av , P o d' 00, the last ten days another young Wexford n 3 essfal tbaobie unaided, except by his talent, was the su cc o d 36 0 0 at a comaeLative examination in li.tiodol l l s a ppa l of ear of great interest and opp)sition, he .11 4 . 3 $ s sialbd engilee/7 of the Great Indi in RailwaY , , a "f lop ° til er r ° a yea;. Well may the model county' O f a ri bly NAVIGATION THE! DANUBE . ---B r eP rO ti ve b of tar I you T r l g o sons. ort ro te 's 10 1 s unsatisfactory character, says a letter f ° ro otli ke , AO have been received by the Itu,slan reP e potino l .7o; European commission on the off Air of 0 3 ._ oste o ,ol,o l Offenberg particularly complains of tu:f the the pbt a Anstria throws in the way of the labour s "„ o bere Daa of the river which are in the p She has gone so far as to refuse to tbe 03 ` e f tile 3'01; lesession A re , Steam N • b tbeY '0 Navigation Company, alt o ut , 1 ,. 1 sable. On the other band, a lette r I . r o pedi ris that Austria has no intention to throw/or tbe cot oP o l l e way of maki n g th e n a vigation free, ae o b e redy. o l o navigable, although, as it will be r epl e e ps ted aS in the Paris; Conference, at first P r°- arrangement. T th h e / th e Peel' At th %kit t kbo l Iter 4 * the • kDo ep t , bti 13 41 hOt eoB Ore