Northern Times. — Liverpool, Merseyside, England, 1859-09-15 00:00:00

emmaritii THIS DAY This Day, the 15th Bro instant kft , a m t at Twelve o'clock re, 5,000 Bags Bombay LINSEEI 1,000 Bags Guzerat and other 271 Bags NIGERSEED. T. & MTTLEDALE & CO., Brokers Apply to This Day, the 15th insta Braker's Office RAPESEED. 2, Towef-bradings North, 60 Tons LEG . BONES, ex St. Yves, from Monte Video.—Apply to SAMUEL 'BECKWITH, Broke This Day, the 15th instant. at TN Brokers' Office, 16, - Exohanal Tuns SPERM 011 New York.--Apply to Messrs Per Mania- Brothers S This Dry 28 CaskB SPERM Oil 6, "Exelmnee-buildings• A TIEADINI&TT * ER 4 ' Dock.• itlitN ER & TO-AIORROW Baring Postponed from Tuesday, tne lout To-morrow, the 16th instant, at One o'clock, at the' Broke Office, 16, Exchange---buildinzs, 50 Tons Thin Western American LINSEED CARE, now landing ea Thornton, from-Tork.—Apply t o J. RATNER & CO• Brokers, To-morrow., the 16th instant., - mt 'PwelN Brokers' Ofnce,.l, . 190 Tons LOGWOOD, etc Cahn now landing James Graham in Georg To-morrow, the Broker's Offiee, I Co., merchants ; -or to JOHN BARON & SON, B: irn Exctian 116 Apply to Messrs the I For partii FLOUI Apply to H. K. GOLDING, Bra 500 - bmdles Coir'YAßlti .HORNEWILL kfBROOM, Brol NEXT WEEK NEXT MONTH On Th ex Princess Ro!val. from ealcutta.—Appl and John Brocklebank, M ssrs. Thomas robants ; or to IiOVIttIIEL BECKWITH, Broke en Snit. ON BAST apply to BIGLAND., -SONS, & JEF/ItEYS 20, FAelange-buildings„ REFINEI SALT Packed in Hermetically S he Außtr WORKS, RIGBY-STRREI MANGANESE. SULPIIU It 011 E; ARSENIC, VENETIAN RED, OULPIIATE COPI' GEOR{ 32, Daile-s' ON SALE, S WI 88 CIGARS OP MESSRS. 0RM07.4D AND CO., TRVEY, IN BULK, IN BOND, OR DUTY PAID, In any quantity not less tha H. W. BUCKNALL, Impc 4, Exchange- Apply to Ind Sole Agen TO EXPORTERS AND THE TRADE M. SALOMON, Importer of every description of L TOYS, LEATHER GOODS, MUSICAL INSTRUMENTS, FANCY MERCHANDISE and TOYS of Every Kind, Ni-hole sale and for Export, 73 and 75, DUKE-STREET. The above Oast's bg Auction. QICACCOUNT OF WHOM IT MAY CONCF,I7 On Saturday next, the 17th inst., at 11 o'clock, a )64, 4 ,. , rase'she may then m ad now On;the beAch between Immediately after, the Whole of I Anchors, Egremont - Also, a SAIL and a QUANTITY of ROPES a lying in Messrs. Nickel's Warehouse, _path-stree logues and further particulars, apply to c.aTe, Ld BLOCKS, The beautiful new Br. GRAMPUS; 226 tons builders' measurement, 132 t ons per psi &..1 register ; copper-fastened up to the wales, is of a - - beautiful model a n d b es t workmanship, rigged and fitted out ready for sea ; the framework of heart of the best Denbighshire oak, which is not subject to the dry rot; vessels built of it upwards of thirty years ago are stilt without the least indication of the disease. Lenth of keel, 80i feet ; breadth over all, 22i feet; depth, 12A feet; estimated burthen, 240 tons ; draft, 12 feet ; to class nine years A 1 at Lloyd's.— For further particulars apply to Mr. John TONGS & Roberts, the builder, CO. Bangor; or to 6slo Brokers for the Sale of Ships, 1, Rumford-street. BY PRIVATE TREATY, The splendid new Ship EGI _ . 144 .0 1,066 tons-- register, • and 1,082 tons • measurement. Length, 178 feet 5-10ths ; breadth, 36 feet 3-10ths ; depth, 22 feet 9-lOths. Built at Saint John, N. 8., this summer, by the builder of the well-known and favour ite ship Rowena, and classed seven years at Lloyd's. She is constructed of the best seasoned heclunatack and Savannah pitch pine ; her frame is diagonally strapped outside with iron, and iron kneed complete on the stocks; the lower knees are fastened with yellow metal bolts ; has pitch pine masts, top masts, &c., a beautifully finished cabin, and outfit of the best Liverpool manufacture, and of extra sizes. She is fitted with Cunningham's patent 'topsails, and all recent improvements. In addition to a very handsome model, combines great speed with carrying- capacity, altogether making her one of the finest ships ever built in the colonies.—For further particulars apply to Messrs. Liston, Young, and Co., Merchants ; or to - aTICAB,D, WILSON, Si CO., Brokers. CURRY, KELLOCK, and CO., •4, BROKERS FOR THE SALE AND P UR C HASE OF SHIPS AND STEAMERS, SHIP VALUERS, ' Zo p Lft, AND APPOINTED 'BROKERS TO THE HIGH COURT OF ADMIRALTY Iltliner-buildings, "Water-street. MONETARY AND COMMERCIAL. WEEDNSDAY EVENING The Cotton Market to-day was quiet, with full For lower qualities prices were rather supplies irregular, but without quotable alteration on the The day's sales were 6,000 New Oonams and Oopaeks will follow shortly ; but no estimate can yet be formed as -to the extent or quality. Forty taels and. upwards are talked of as opening rates. No Ningchow Congbus, Oolongs, Souchongs, or Flowery gantine Pekoes are expected, SILK.-CANTON. - About 350 peculs of the second crop have been taken for England and America. We have to report a steady business for' the past two weeks. Congous of good up to fine kinds have main tained previous rates, being scarce ; fair to flavoury are sliglatly easier, and common to low 1 tad easier. We confirm the report we gave on the quality of the second crop, which proves, even worse than we anticipated. • LONDON STOCK EXCHANGE LONDON, Wednesday To-day, a decidededly improved feeling has been manifested on 'Change, and Funds are bet- The accounts from India are less unfavoura- ble than was feared, and the market sympathises with the firmer appearance of the Paris Bourse. Consols have accordingly risen per cent. The pur chase for account of the Savings Banks has consist ed of £lO,OOO Consols. In the other departments of the Stock Exchange a tendency to recover is also observable. The scrip of the New Indian Loan is in especial demand, and has been dealt in from 1009 to 1009. The present quotation is to 1, showing a rise of 1 per cent. since yesterday afternoon. Consols are officially marked 951 to 2 for money, and 951,- toy for the 11th ()etcher ; the present quotations are 951 for money, and 951 to f for the account. India Stock has been dealt in at 215 ; the Indian Four per Cent. Debentures of 1859, at 95.1, ; the scrip of the New Loan, at 1001 to -1 ; ditto stock, at 1001 to ; India Bonds, at 3s. dis, ; and Ex chequer Bills, at 255. prem. TIIE FUNDS.-CLOSING PRICES Consols, Money . 95- 4 4 , Account 95-1 Exchequer Bills 224- RAILWAY SHARES Bank Stock.... - Three per Cents (shut.) •CLOSINGF PRICES, general business bales, of which 1,000 were for export or taken on speculation In the Liverpool Share Market, business wat dull and without much animation, although there did not appear any indication of despondency The business done included sales of stock at the Lancas. & York.. 941 L. & N. Western 92A Amb. Not. &E. J. 6-1- Caledonians._. 841 5 annexedp rates, viz.: Caledonian, 84-1-; Dundee, er", and Aberdeen, 81 ; Lancashire and York shire, 94 1; London and North-Western, 93 ; Mid- Dutch ithemsill.. L. u .). ~... — 1 Man . S h ft' Northern.. &L i 435 ' Eastern Counties.e —....._ __--- Leeds _ .. 4,7 land, 104 ; Grand Trunk of Canada, 7 per cent., 1,872 cum int., 68 Midland Stock ..103, 4 ; do. do., second issue, 653 Fast Lancashire. The Produce Market presents no feature . of Great Northern 1011 — 6 . l i ;or s t t l a l o i r 'it d i s t i ; e .... 58 4 .. 9 particular interest. The news from China, al- Gt"Westerns..A. 1 3IS. E. & Dover .. 74* 5 I York, New. & Ber 871 8 though, at first, producti ve of some excitement, G.Wes.ofCanada 14 1 Gd. Trnk. of Can. 8X r , York &N. Mid,. 71* --- was looked on more quietly as the day wore on, Gt. S. and West. 1041 5* NORTHERN T) ALLY TMES. LIVERPOOL STOCK EXCHANGE.-SEr. 14., ter, at the close titaluat the opening of business. The Market for .Public Funds in London was Cll ,d es. & B'head C rather depressed xua :rec eption - of the news from E. doounnia,nes.,..: China, and the Funds were heavy all day, at a E. L. Stock G. N. Stock reduction of 4 per cent., Consols being 1 4 tol l and G reat AV; New Three per Cents..fullT Saturday's quotutions extremely dull,-and in synq the tendency to dower prices, Royal Bank- I_4llares realised the last price In the other 'bank shares no dealings occurred. Stern -shares display weakat For British and Irish a 11 was su Liverpool £5O fa .res, , which changed hands atthe - previous price 'ere sti. Afered per Cent Ditto for acrount, - Oct 13, 94 :CLOSING PRICES, 4 per cent. 122der Lan. and York 941 xd The Share Market -was Ln. & Nor. West. 92' ?athy with the Funds j 111 : S. and Lincoln _3st 5 IGt. Luxen. 771 771 N.Stafford .4-!; la .84 xd 841 N. E. Bee. e: St,* 88 y 381 11k 11 3-16 York capital Stok, .71. 714 Leeds Stock 441 :.101 103 S.East. 22 C-16 xd&rr,22k . .1 .1 >ll.a.res46l-6-44-i New7hree per Cent. Stock, 94 93,3 Ireland, 23; British andlrish Steam,:3BA- lin and Lirerpool Steam -ship Building Dublin and Belfast Junction Rail Wax, 421 e 2, Gieat Southern and AVesfein;i7)4Z nd Great Western and Royal C nal, .53d Dundalk and nrmskiilen, Preference, for account 1P ex new Nfarket fer Foreirn Stocks as been stocks have improved per cent dhe Old Loan being now quoted :=824 - - to 831 and the New, 684 to 694, k. div. Mexican .fonds re- he New Russian Sales are.neord.ed. 93 G. T..Canaßa 11-10 G.W.Cangeda N. British St. 682 d & -.--- )n ?Si DV of which LIVERPOOL I ?RODUCE KARKET, •ket continne4 diet, and with ample ?ern - anit:4lco at 7 Dwer_grades. to §.4,-; 80 Maranhant, 8i ; 100 . Egyptian urat, 4t. to are reporteu o,vtp , 00 are on speculation and for export --SEPT. 14 ition has been evinced tc 100hhds. Jamaica -al Trinidad at ss. 6d. lc ti's Perhams tine-Paraiba, not reported Trinidad have'lieen' sc afined to _5O puneaons ;old at 48s. 6d 1 Lac - at .11 ry °rang( 5 seron's Gfurii G'edC ay Madder Roots, s MyTaBolaffis i tre, at 38s. 6d Lucia at an aver to arrive, 'of whic at 15s. petTewt. - 7bul without change. hac I)RYSALTI per cwt Gambier, at 165..( steady at 14s. 6d, Otts,,&c.—Pal twas Olive at s Rosin a Turpentine at 35s sell Ors asking Buyers a t abc ST. ..T( 2nd matters were not - worse, if shey were no 'bet- new S mew for `evil' Spirits 1 525. ca 1 2 1 0 10 „ 1 60 „ 6 0 8„ 1 00 „ 0 naiji steady. The scrip .ct Loau is marked dis per CE 1859 (scrip per Ce:its 831 ; ditto, for account, 82 Buenos Ayres referred Boas, 20 dis ; Spanish Three arkish Six per Cents., 1854 ; ditto Six per Ce 1858, 69_1 ditto Guaranteed Fur per ,Celts The meeting of the proprietors a the Ottoman Four per cent. of nett Bank was held to-day. profit was set aside for the reserve fund, and £3,357 ght per met. declared as a dividend The wi and mount to £7 )eing at irierease A 'Vire have the following from a correspondent at Bong unsatisfactory nature, the vouring , me obstructions in the leaning tfi Tielltsing, having been repulsed severe 'loss, as' will be seen from the public p The ambassadors have retutnect to Shankhaii an Rgations procec with despatches to their respective governments; , from mpted which it is inferred that nothing further will be att€ nature of which you will doubtless learn before thi reach here. In the meantime we are inclined to that business at all the ports will not .be affect hat has occurred,, indeed trade has been a resumed at Shang py Canton, with the provin so beset with r IMPORTS.—CANTON.—There being some uncer as to the dispersion of the rebels, alluded to in on days, when confidence wasin some measure rester sales have since been made to some extent _Here business has been principally confined to I there being no stocks in first hands of the ,goods any country Congous the settlements of the fort have been chiefly confined to Scented 0. Pekoe: Capers, the medium qualities of the former be shade lower, and the latter showing a decline o taels per pecul. Two ehops -of -last—season's 0 ey can think 330 hhds. and 4,000 1 the puncheons ess is con no sales to bans Bomt to - 16 s. 9d . ) bales 13 £44 10s.; ) for Mal t 4s. id. - 525. 6C mt 6d. HIN'S Le 1 6 1 2 ['he ma' 1. three month less. MARKET 1 3 I POI 0 0. I \Vc 3 ti I re 88, 4 6 I Aspa ~ 3 6 aw stead} and £5l JC E MARKET.-SEPT EMBER 14 . )üblic rket continues fl buyers, a of the quantity onereci tonna Of 2782 bags Bengal, about oao:third 2d. t 0.425. 6d. for low to . 1 - .,r00d yellow Public sales are rather. heavy, and demand T rates advance in thisirticle is maintained ; conl- LONDON StiGAI ,es very a reduction. sold from 41s. good at form TEA.--,T11( RICE.-:-Nothing - doing. Rum.,-:-Very little inquiry SALTPETRE quiet ; no sales 'Tun 3,000 bales at auction ; rates steady for fine. PEPPER.—At auction 13,000 bags Middling, black Singapore sold at 4d to .414, . LONDON TALLOW MARKET.—SEPTEMBER 14. Market steady; spot, 579, to 675. 3d. ; Skritember lone, 579. 3d. to o7s, 6d. ; October and December, NDON MINING MARKET -SEPTEMBER 14, Only a limited amount of business has been done this morning in the mining market, in most instances at about former prices. Shares In Treloweth, North Downs, Wheal Clifford, St Day United, .Wheal Trelawny, and Central Minera - mines haVe attracted chief attention. Foreign mining shares • are equally quiet, and ' are nominally unaltered in price. The shares of the General Mining Association (Nova Scotia). have been dealt in at 23. SALFORD CATTLE MARKET Beasts, 1,276; sheep and lambs, 10,987 Best beef, ,6d. to el.; middling, ad. to aid SEPTEMBtE, 14 cal VCs, cons, 4d to sd. ; best wethers, 7d. to 71d: ; ewes, Od lambs, 60. to lid.; calves, sd. to 7d. CORK CORN MARKET.—SEPTEMBER. 14. White wheat, 18s. to 23g. ; red, IBs. to 21i. 6d, barley, 14s. to 15s. 6d. ; oats, 9s. to 12s. 6d. GLASGOW IRON MARKET.—SEPTEMBER 14. Market drooping ;- all the month; 515. -- 61: td 51s: id GLASGOW CORN MARKET.—SEPTERBER 14. Bald's report says a more healthy tone pervaded the market ; Wheat realised an amendment of 3d. to 6d. per 240 lbs. Flour in moderate request, at last week's prices. Barley, malting descriptions on, the - spot 6d. dearer, but offered 6d. cheaper. Beans, prices against the seller ; of Old Scotch 6d.• dearer ; Irish, no change. Oatmeal recovered ls. td 2s. tr - om Towest point ; - new rather cheaper. . . . _ The following appeared in a part of our impression of yesterday THE MONEY MARKET. (From the Times City Article) . . . TIIEEWAY EVENING.—The Stock Market still bits singular strength, and any slight decline that takes place is merely temporary. Demand for Money moderate, minimums rate about 21. The amount of gold sent into the Bank to-day was £lBB,OOO, chiefly Australian. The suspension has been announced of the house of Mr. J. B. Kempe, at St. Petersburg, with liabilities e it is supposed, of a large amount. His recent speculations have been in tallow. The Tea Market has again been active and buoyant, and high prices have - been realised in several instances. Common congou has been disposed of at is 14d. The Railway Market was again flatter this morning, but rapidly recovered before the Close. (From the Daily News City Article.) • TUESDAY EVENING.—ConsoIs finally closed a trifle dearer, with a stronger appearance. An advance of l d per lb., since last Friday,- has been established in common congous. The public sales of coffee, to-day, went .off at a decline of 6d to is per cwt. At St. Petersburg h, yesterday, the price of tallow settlements was as high as 62 s. r. MANCHESTER . SHARE MARKET.—SEPT. 14. Leeds, 94a- 1; Midlands, 1031 ; Dovers, 22 15-.16 1 ; Sheffields, 35y. BOROUGH HOP MARKET, SEPT. 14 There is a slight improvement in the demand f or fine new Hops a t full quotations, but other qualities are a slow inquiry. TO CORIMSPONDENTS, Under no circumstances can we insert communications not publicatian, but as guarantee of good faith Sheet letters, are encouraged on matters of public interest. They should be legibly written on oneside of the paper only, apd colitain'(in confidence) the Writer's name and address. Ziy gtortlynt ants 771:U85T,41; SEP2RIIIBER 16, 1859 THE DAY'S NEWS We repeat in our paper to-day, the details'of the affair on the Peiho, which appeared in only a portion of our yestefday'& impression, the tele- pthufi' conveying them, riot having been received in time-for-our-early edition confirm the i;r 2 eviousq.eport, that the repulse had resulted in thgtsitak defeat of the. British and French forces by th&ehinese, with the loss of no less than five boats; and ahout one-third of the whole of the. forces engaged. Some idea may be formed of the deac ure .sive means to *hich the Chinese so treacherously and inhu- ilto'nther, )rts, mbunti .g fro: in ninety to a which poured out upon the p,quq.ccl, roll col3tin9.ous volleys of. shot they were, of Course ntend The account states it mill be seen, tli'at although every .slint of the enemy's told, olirs did comparatively little damage to their mud walls. It appears to have hypu, Confidently expected that . apon the landing of the troops they )voulcl..earry the. day.: But just as the first boat touched the shore, the shells, - gin-gall-balls, and rockets, which mowed We already know the diqastrous result. Among the most .severely wounded. were Admiral Hope, and three other - British officers, and the Chaplain 9f the Royal Marines; whilst seven. British officers were It is gratifying to find that the small American naval force that was at the place gust the Bth, has brought several'interfsting items of intelligence from that -country It is nit *cry satisfactory to find that de*.'ire.to return to EngTand.was growing still .onger - , both in the military and civil services favour tending parties. From' — Australia, there are advices to the middle of July, which, whether as respects the supply Of -....-.,..--- In the first instance, no doubt the workmen, as the weaker side, naturally chal lenged the livelier share of our interest; but, on whatever side it may tell in the end, no per sonal feeling can be allowed to override the maxims of sound political economy, or social distributive justice. The extreme and prolonged obstinacy with which the strike is maintained on the one side, and the proffered terms of reconciliation resisted on the other, seems to indicate the presence of some great principle, the limits of which are in tate of trade, or 'the condition of the dispute, or the manner of whose equitable appli cation is not yet .ascertained. We are naturally inclined to ask, have the masters ventured on some novel mode of oppression, or has some gradually increasing evil grown to a head, and become no longer bearable ? Yet so much as this is scarcely alleged, The grounds on which the workmen themselves base their concerted ,Latour-market; arc very_ satisfactory movement are, in fact, very variable, and by no means consistent. Sometimes their object is stated to be to snatch a little more leisure from their daily toil, that they may devote it to those pursuits which the educational appliances of the day so abundantly offer them. Then they do not think the present rate of wages sufficiently remunerative, in proportion to the hours of la bour ; a disproportion, however, which they do not seek to have rectified in their own behalf, , ut in order to extend employment to many of their unemployed brethren Some of them even fire broke out at' last night shortly before eight.o'cleck in the work-shops and wood-yard of Messrs. Kilpin and Montgomery; contractors say, Shorten our hours of labour, and we are con- tent to let the question of wages take its chance. For, thus ignorant are they of their own mind, or of the motives which sway them, = except it be the one brroad and undefined desire of change,- that they do not perceive this giving up of the question of wages to -be a giving up of every thing in dispute. The man who will be content to receive one hour's smaller pay, may be well allowed to give an hour's shorter work. To let the question of wages take its chance, is to bow to that law - of supply and demand, to resist which, by forced combination, is the whole secret of the Strike. Now to oppose this principle of political economy, or we may say, this natural law of social inter- course, there is needed some eccentric and ex traneous medium of action. To supply this irre gular medium is the motive and the work of Trades' Unions. They are founded on the assumption and builders, in Lawton-street. The fire appear that labour is not competent to take its place - I - to — have - originated in — the - saw-mill of the esta in its bargainings with capital, or to rely alto- blislunent, or, at all events, it was first discovered ther on the adjustment of that law which rules there. :Froni ihe highly combustible nature of the materials with 'which the Yard andpremises and directs relations between conflicting interests. It is supposed that - labour needs some means of were filled, the flames spread_ with resistless rapidity ;- and, nowithstandin,g every effort made by the fire-brigade and the salvage men, very assistance out of the ordinary course, to compen sate the intrinsic preponderating influence of capital, strong in the power of money little of - the valuable property' contained in the workshops, and accumulated in_ the_ yard, could be saved. The loss of • seasoned wood, partly prepared, and entirely finished work, together with the valuable :machinerY, "all of'Which was destroyed, amounts to a sum which 'has been. - variouSly estimated at from £20,000 to can, we deny some sort of necessity for a counter weight of this sort. No law works without occasional variations and break-downs. We know things must come to their level in the long run. The wages of industry, as a general interest, must on the whole, or in the end, keep or regain their due proportion. Capital can never succeed permanently, or on a large area, in evading or depredating the just claims of labour. But par ticular evils may occur. Capital here and there, as represented by its holders, may shirk its re sponsibilities, and try how much it can " wring from the hard hands of toil." It is therefore allowable, and even salutary, that the latter should adopt exceptional means of provision against such exigencies, and repair their own weakness by artificial modes of resistance. But a movement which has assumed such proportions as the pre sent Strike, which strives to spread itself to other towns, and is canvassing for support all over the country, involves` the question, whether labour is to be put upon a wholly different footing from other interests, or to be subject to the same law of supply and demand. It would be all very well, and a very pleasant subject of contempla tion to the philanthropist, if capitalists and pro prietors would remunerate their labourers and dependants according to the accidental abundance of their own pecuniary means, and not according to the market value of the labour supplied. But it is impossible, and indeed inexpedient, to en £30,000. From the first the fire presented a • most alarming aspect ; and the most lively fears were entertained for the safety of the property adjoining, particularly the Howard Arcade, and, by proximity With it, of the north side of Bold street. Several shops in the Arcade, indeed, were I at one time on fire ; and it required the utmost exertion to prevent the fire from spreading to Bold-street. In alluding to this, it is.difficult to refrain from an ,expression of indignant remon strance against the conduct of some parties, appa rently servants, or _ other employees in Bold streek, who persisted in •looking at the conflagra tion, whirl_ was raging, through opened back • windows of the premises in which they happened for : the. time to be ,domiciled. Such a practice was obviously a courting of danger, and cannot be too earnestly reprehended. A general and wt4l-foUnded iegr& was expressed by all present 'at:lhe inevitable, if not !ruinous, loss which must `fall_ upon the numerous workmen employed in the works * , by the temporary loss of occupation, and still : more by the destruction of their valu-, able stock of working tools. It would be impos- sible to bestow too high encomiums on the judi cious exertions Made_ by the firemen, under the able superintendence of the local authorities, to suppresg the fire, and - also to prevent its spread to the adjoining properties. ' The Lucknow heroes who arrived a fortnight ago at Dover, were there entertained, on Tuesday afternoon, at a banquet, intended—and successfu l in the intention—to represent the high apprecia tion of the - British - people, of the fortitude and enduring h6toism exhibited , by these gallant soldiers, in the capture of ;Lucknow. The ban force considerations of generosity or self-sacrifice upon classes. Charity refuses the alliance of any but the willing efforts of the individual ; and commerce per se refuses any obligations but those of po Weal economy. If, therefore, as the work men allege, the article of labour be plentiful, the result should be a proportionate fall in the price which is paid for it. The same principle rules the labour market, and every other market. If capital be plentiful, a smaller remuneration is granted for its use. If any article increases in supply, a less price is paid for its acquisition. If a service is easier to hire, it demands a smaller quet was numerously attended, and all present appeared enthusiastic in reference to the occasion recompense. It is, therefore, simply "kicking against the " pricks," to attempt the liberation of the labour ing interest from the rigid principles of political economy. These principles may sometimes seem ,to inflict hardship upon poverty,—so unfitted to bear up against the unyielding maxims of science; but such temporary hardships take their place in that run of misfortunes to which some portions of the community are more exposed than others, and must be repaired when they occur by the - The sot' dissant Liberal press has been making a great fuss with respect to the Earl of Derby having.given directions to remove from his estate of Doon, in Ireland, all the tenants except the immediate relatives of Mr. Crowe, who recently was ruthlessly murdered in that neighbourhood. The partizans of the political opponents to his lordship represent this as an act of arbitrary tyranny and oppression. From an article which we publish in another column, it* will be seen • LONDON. CORN MARKET.—SEpTsmB7. 14. that two, at least, of the most respectable journals extraordinary efforts of the wealthier classes, anct Supplies of all grain moderate. English Wheat: opposed to the late Ministry, accord. to Lord not by the subversion of the fixed bonds of corn- - Nnthityrfrogh - tip. No ichange. Foreign dry out : not cheaptt. 7 - ; Fronting cargoes : _Pried sti4r. Flour : No Derby high praise for his disinterested judicious mercial intercourse. proceedings, adopted with a view to show that If the Trades' Unions have assumed this aspect py : . alteration. Indian Corn rather deressed. BarleA miidefite consumptive deMarid.' Rye would sell for the -Olithignt,_ Peas and beans unchanged. Oats no tho'se who persistently screen murderers from the of opposition to the law of supply and demand', !ach of justice arc unworthy of confidence or we can scarcely wonder at their rousing all the' It is in this feature' jealousy of the masters. __ t As it happens in the case of most disputes in that the movement has become important to th e which the spectator has no personal or imme- general interests of the community. classes are proverbially ignorant of the principles diate interest, so it is in th e case of the present of political economy. It is for them we fear unhappy Strike : the general public can scarcely more than for the capitalist or the employer" accord their full sympathies to either of the con lest this ignorance should make them a prey t c " the designing and unscrupulous arts of Paid agents, and the tyranny of factious and pernicious combinations The working As for the principles of economic science, it is impossible to anticipate any reed" sion in them. In a civilised community they are removed from the influence of temporary move— ments, however violent. Things must find their level sooner or later. It is the workmen them' selves who suffer the most signally, and the most fruitlessly, from the interruption and derange' ment of which they are the authors MR. BRIGHT, at Huddersfield, took into the field of view of his political telescope a vast and varied range of subjects. Of course, many, °f the professed grievances he presented. to his au dience were plausibly enough put ; and, while We combat them, it is not because we apprehend all danger from Mr. BRIGHT'S personal influence, or the probable adoption of his principles by the people of this country; but simply to show their utter fallacy, and his own want of solid infornia" tion as to the questions he touches upon. Among such questions there is not one on which he 11(15 wade more fallacious and incorrect reflections than the law of primogeniture, as it of this country. Doubtless, it would well suit his purpose to bring into odium this " feudal lay as he calls it, of the mediaeval age, since it 15 that which has raised up and preserves a landed' a powerful, as well as hereditary aristocracy, the presence of which is a barrier against gr BRIGHT'S republican and revolutionising vie'.s's and aims This very law which he deprecates la one chief means by whioh, we truly believe, tb nation has risen to its present prosperous ow dition and undisputed supremacy. It is by the law of successio n th a t th e serr i e d and phalanx, which he points at as opposite to binl in the House of Commons, has been formed' and which angrily. he designates as " Tories, —the impediment to his democratic rag e ' the straitwaistcoat of his madness, and the shield' which preserves the time-honoured institutions of our country, and the glorious Constitution °C the Unitedliingdom, from the desolation of b is unsparing and violent hands. The hon. member must be conscious that so long as that fortress shows its front towards him, like the Cele- brated quadilateral of the Mincio, there is n °ll° ,.. Pe for him to effect his unpatriotic purposes, a L nd u 5 Cromwellite predilections. He complains tha there is no party in the House of Commons : hoc is it then that he directs the attention of his stip' posed spectator in the Strangers' Gallery to those hateful and hated " Tories," who do not pay, t ' s he says, their due proportion of the taxes, direc ti l or indirectly ; but, on the contrary, consume ill. salaries and appointments ten times as m uch 95 ' " Why, then," he continues, " am 1 tn. be asked to go to their stolid phalanx of t° " received and tax expended, and to beg and t. ; plore them to be more moderate in the use o ftl ' o . " public money ? Every addition of a million " our taxes and to the State'revenue is add i l " another stake to the patrimony of the privileg n ,,4 , " classes of England ; and until you come to tw- they pay. " point that you look them in the face and " Parliament shall not be the instrument of 0 , " House of Lords or of the great territorial P f . t prietors, but shall f a irly r epresent the g rea " body of the people of England,' there no remedy for the grievances of W a ' you complain." This would be all we enough, if it were true ; but his conclusion s erroneous, because his premises are false. 'r ibr aristocracy and the territorial proprietors, eq' with the rest of the people, are not exempt fro i lj ao paying their due proportion, if not more , of taxes of the State ; neither do they e xercis e lie Unbecoming or undue influence, their stake i tt t s , country considered, over the House of Como° We recommend to JOHN BRIGHT'S con Si der t tion, some reasons which plainly indicate th e h the law of primogeniture is preferable t ° t e a Corsican or French law of succession, introcincol to establish that restless revolutionary spirit has proved so disastrous and ruinous to Fralleenw forthwhich produced anarchy and bloodshed , and and again Strewed the seeds which bring eo , such poisonous fruit, as in our own day an d g tue eration has been seen. The interference 0f vv . Wil l ' . legislature with the disposal of property la be. forcibly argues Mr. J. R. M'CuLLOc ll 9 t he " adverse to the increase of opulence , and to f; Sg ali "best interests of society." Dr. ADA-31 were and MONTESQUIEU'S objections against it 9 dee d, without any Solid . fo - f.ndation,—the first , in orde r maintained that it is a custom which ' of the "to enrich one, beggars all the r est " children " C'est ifi° And the latter observingt.va-yoreeps. BRIGHT and "esprit de vanite qui a etabli chez les "rityaste droit d'ainesse." B u t, Mr. Nl` Cvl i T : cil' his disciples, being, as he is , a u Sta n ;ii c a... who ought to be no mean authority lr — ,,, 311. 11. ble testimonies his own opinions, advocate for free-trade opposes to these " But, notwithstanding the apparent reason " ableness of this opinion, and the authority]; " which it is supported, we do not think It _...., " any really good foundation. On the contra? 0 "we are well convinced that much of ti l f modern " industry, freedom, and civilisation ° f of of this' " Europe may be ascribed to the influence es ter ; " custom in determining the succession to as follows : 0_ SEPTEMBER 15, 1P59