The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-07-10 00:00:00

THE LAW OF PARTNERSHIP.

On the motion that the house go into committee' on the
Partnership Amendment Bill,
Mr. ARCHIEA.LD HAEITIE moved an amendment that the
house go into committee that day three months. The hon. mem-
ber contended that the system of limited liability which it was
now proposed to introduce would not be attended with any
benefit to the public, and that the existing system had worked
well. 116 read a number of long extracts from a pamphlet on
the subject, which were listened to with some impatience,
when at length,

Mr. E. BALL rose, and spake to order. Submitting that no
hon. member was justified in reading a whole pamphlet.
Mr. HASTIE contended that he was strictly in order, inas-
much, as he was only following the example of the right hon.
gentleman who introduced the bill.

Several hon. members exclaimed he read only extracts.
Mr. HA-HIE replied that he was reading only extracts. (A
laugh.) He proceeded to read two other long passages, and
was commencing a third, when
Mr. JOHN MACGREGOR rose to order. The hon. member
for Paisley might almost as well read to the house the whole
of the works of Adam Smith, or, at least, he might just as
well introduce all:the arguments, pro. and con., of Adam Smith.
Why did not the hon member make a speech of his own ?
(Great laughter.)

The SplAKEß'said, the hon. member was quite in order in
quoting extracts, but, at the same time, the practice was one
of degree. (A laugh.) It certainly was not regular to quote
a whole book. (Renewed laughter.)
t Mr. HAsTIE /then proceeded with his speech, quoting no
more, and in a few minutes he had concluded his observations
in support of the motion.
Mr. MrcRELL seconded the motion, contending that no case
had been made out for altering the law, and that it was not
demanded by the mercantile community.
Mr. JOHN MACGREGOR defended the system of limited
liability and said that, though the bill was not the best that
could have been constructed, he should give it his best sup-
port ;it was only opposed by capitalists. Lord Overstone
opposed it; but would his father have done so when he
was travelling through Wales as an Unitarian minister?
pp3r
oirt. m Mr. MACGREGOR, Mr.
ed bill.
W. BROWN, and one or two other members, the motion was
negatived without a division, and the house- went into com-
mittee.
AfterMr W
speechesil s ° from os um
After disposing of two clauses, the CHAIRMAN, on the
motion of Mr. HORSFALL, reported progress, and obtained
leave to sit again on Thursday.
Lord Raglan's Annuity Bill was read a second time.
The Bills of Exchange Bill was read a third time ; and on
the question that it do pass
Mr. VA.NCE moved that 'the period after which execution
should issue be extended from 12 to 16 days.
Mr. HUTCHINS Opposed the motion.
The house divided—For the motion, 24; against it, 43:
majority against, 19.
The bill passed.
The house then proceeded to consider the Coal Mines Inspec-
tion Bill as amended ; and on the 9th clause, Mr. CAYLEY
moved that the words "serious personal injury" be inserted.
Sir G. GREY opposed the insertion.
The house divided—For the motion, 68 ; against it, 74 :
majority against, 6.
The bill was ordered to be read the third time to-clay
(Tuesday).
The house adjourned at 1.45 a.m.

BETTING AT TATTERSALL'S—TaIe DAY.
LIvERPooz CUP.-3 to 1 agst Shoreham '•4 to 1 agst Cock
Pheasant ; 4 to 1 agst Bianca ; 6 to 1 agst Goorkah ; 5 to 4
agst Shoreham and Cock Pheasant, coupled ;
Pheasant and Bianca, coupled. 6to agst Cock
4
GOODWOOD CUP.-6 to 4 agst Oulston, tk; 9to 2 agst
Baroncini, tk ; 10 to 1 agst Surgeon-General, tk ; 11 to 1
agst Quince, tk; 15 to 1 agst Epaminondas, tk; 16 to 1 agst
Supplicant, tk ; 100 to 6 agst Goorkah, tk ; 30 to 1 agst
Venison, tk ; 25 to 1 agst Venison and Newbold, coupled.
DERBY.-20 to 1 agst Dramatist, tk ;20to 1 agst Yellow
Jack, tk ; 22 to 1 agst Artillery ; 40 to 1 agst Wild Irish-
man, tk.