The Express.
London, England, 1847-09-02 00:00:00

THE EXPRESS, THURSDAY EVENING, SEPTEMBER 2, 1847.

numbers of "Punch," Rc.. had arrived on Monday evening.
—ln answer to questions from Aldermen Hughes, Mr. Event
said that for a long period they had found the numbers of
various works printed seriously short, and suspected some
°La was robbing them. It was the prisoner's business to
cold-press the works, and he had ample opportunity of mak-
ing away with them.—The female prisoner said her husband
brought them home, and she was not aware of how they
came into his possastion.—The male prisoner said he was
aware that he had no business with the works in his posses-
sion.—Alderman Hushes said the difficulty was with respect
to the woman. If she was married to the man, she
must be discharged, so she wss acting under the orders of
the husband. He should remand them both until Tuesday
aexi.

WORSHIP-STREET.— SAVAOI ASSAOLT.—.I. Burfon
and S. Di/loss were finally examined, charged with moult-
ing Mr. J. Dowling, a tradesman, and G. Dowling.—Mr.
Dowling, whose faoe was enveloped in bandages, said that
on the evening of Saturday last he saw the two prisoners
and several other fellows pursuing and tormenting • poor
woman, who was evidently in a state of imbecility, and
1111131 ff her beet efforts to escape from her persecutors. On
remonstrating with them has brother was assaulted by
Dillon, who struck him a violent blow is the face, and they
were hastening away, when the prisoner Burton dealt the
witness a blow under the ear which felled him to the ground.
While down the prisoner kicked him about the lace and
head. Witneea caught hold of his assailant and clung to his
legs until the cries of lug brother brought two policemen to
the spot, and the prisoners were both secured, and the wit-
ness taken to Vie hospital, where it was found that his nasal
bone was fractured. and be remained for some days in a
state of extreme suffering sad danger.—The complainant's
brother and the two oonstables gave corroborative evidence,
and a certificate was produced from Mr. Nash, the house-
surgeon of the hoapital, describing the injuries the first
witness bad sustained.—The prisoners said that the com-
plainants had assaulted them in the first instance, and that
they had used no more violence than they considered neces-
sary to defend themselves.—Mr. Hammill said that it was
only in deference to the wishes of the complainants that he
was induced to deal summarily with a case of such brutal
violence, and he should order the prisoner Burton to pay a
penalty of Si., or be committed (or two months to the }louse
of Correction, at the expiration of which period he must find
bail to be of good behaviour for the further term of six
months ; and the other prisoner must pay a penalty of 305.,
or 21 days' imprisonment.
TIIAMES.—Contove Cnattois or ROBBIIIT.—J. Wil-
son, C. Strafford, and W. Rowe, were (the two former) re-
examined, charged with robbery under somewhat singular
circumstances. At the former examination, reported in our,
paper of Monday, it appeared that Rowe had purchased the
remnant of the lease of a sugar-bakery is Wedelose-square
from a Mr. Gardiner. After paying an instalment of 151.,
Rowe took possession of the premises, and proceeded to
remove and dispose of the materials, Gardiner protesting
against his doing so until, in accordance with the agree-
ment entered into by both partite, the entire sum of 100/.
should have been paid. The two other prisoners were
apprehended for removing the materials.—Mr. Pelham, for
Wilson, elicited from • witness named Adams, that
though an usignraeat of the property had not been
actually made, it had been frequently asked for by Rowe,
who professed himself ready to pay the remainder of
the purchase money as soon as the assignment was
effected. This would show that the transaction was
a bond fide one; and, as to his client Wilson, he
was merely connected with the transaction under the
directions of Mr. Rowe, who, as he understood, had
obtained a legal title to the property.—Mr. Hodgson, on
thepart of Stratford, submitted a somewhat similar defence,
urging that, as a person merely employed to convey goods, it
was no business of his to inquire in whom the property was
vested.—On the other hand it was urged (and evidence tend-
ing to sustain the allega'ion was adduced), that the three
prisoners were acting in conjunction, and seen together upon
the premises giving directions as to the disposal of the pro-
perty. It was also argued that each appeared to be in about
the same position in lltviety, and that theffLre there etll4
be no reason to suppose that either Wilson os Stratford had
acted under any delusive representation made by the other
prisoner.—Mr. Ysrdley dismissed the as as regarded Strat-
ford, and committed Rowe and Wilson to trial : he would
order them to find bail, two sureties for each of 501., and
themselves in 1001. each.

MONEY MARKET.

WEDNESDAY Evixmo.

The stock market has been Trealed to-day with
rumours of warlike complications growing out of the
disturbed state of affairs in Italy, in which it was
conceived this country might come to be involved.
Under such impressions really prevailing, or exagge-
rated perhaps for a temporary puqoae, consols de-
clined about 1 per cent. They rallied partially, how-
ever, before the close of business, and left off at
871 to ti for money, and 871 to 8 for time. The
difference lower from yesterday was reduced
therefore to about k per cent. Reduced Threes
were 874 to .4. Three-and-a-Quarter per Cents., 89
to k. Exchequer Bills, 2e. to 3s. premium. India
Bonds, ss. discount to par. Bank Stock, 196 k to -I.
India Stock, 240 to 2.
Business in foreign stocks was of the usual unim-
portant nature, with a transaction here and there for
small amounts. The market was, however, heavy,
and prices depressed, or, when stationary, inclining
I to depression, and, therefore, nominally only quoted
as before. Dutch Two-and-a-Half per Cents. were
called lower, at 551 to 6; the Fours, 884 to 9. Bel-
gian Four-and-a-Half per Cents. were done at 921,
quoted 92 to 4. Spanish Fives were 191 to 291 ; the
Threes, 291 to 301. Portuguese, 24 to 6. Mexican,
181 to 191. Brazilian New Bonds, 82 to 4.
The elevation of Mr. Morris, the deputy governor of
the Bank of England, to the higher post of governor,
was a matter of course and of routine, about which
there could be no question, and which never was in
question from the first. The appointment of the de-
puty governor in replacement of Mr. Morris is, how-
ever, another affair. The director next on the list
should take the pest according to the established, but
often infringed, rule. It is understood, however, that
the gentleman next in rotation declined, from legiti-
mate reasons of health or business, to undertake so
important and responsible a position without the no-
tice and preparation absolutely requisite in most cases,
and calculated upon beforehand doubtless by those
who are elected into, and accept, the direction. It is
understood that for the same, or causes similar, other
members of the board next in order have also excused
themselves. Within the last few days, Mr. Prescott,
a relative of the banker of the same name, has been
commonly spoken of as having consented to take the
post. To-day this report has been discredited, and
Mr. Grenfell is now said to be the new deputy go-
vernor elec., so far as the board is concerned. So
reluctant are the directors to accept the charge, more I
than usually onerous and responsible under actual
circumstances, that members have been applied to
who, having passed the chair years ago, and are there-
fore low down on the list, should stand fairly
exonerated for refusing to accept a heavy burden of
the kind at a moment's notice. It is said that Alder-
man Thompson was thus applied to, whose name is'
nearly at the bottom of the list of those who have
passed the chair, and are therefore non-liable. The'
alderman, it is stated, lies ill at his seat in West-
moreland, and could notof course answer the summons.

The present difficult circumstances of the money
market and money affairs will naturally account
for much of the repugnance thus manifested by
the members of a board of management, col-
lectively but not individually responsible, to
undertake a positioa in which the patty would
stand individualised and directly responsible
to opinion, for the course of events, or of manage-
ment. It is known also that two opinions divide
the Bank board. There are the advocates and partly
originators of the Peelanti currency and banking bill;
and the opponents of the principle on which that
legislation was founded. The latter are naturally dis-
inclined to take upon themselves the direction of
business, and the risk of disaster consequent, under a
system to which they are opposed on principle. The
former, with the consequences of that bastard system
already staring them in the face, and with more
threatening evidences still to look forward to,
shrink with something like recreant misgivings from
acknowledging their own progeny of evils. They
hold back from fathering their own ill-begotten off-
spring, and leave to others the task and the risk of
working it somehow or anyhow, through the crisis of
its fate. Should the fates be adverse, in such case,
they have only to say with Mr. Jones Lloyd and Col.
Torrens, that the golden poundage rule by which
credit is bound down has been infringed—that the
Bank should have put on the screw sooner, &c.—and
hence all derangements. And this in face of I
their own self-acting system, of immutable prin-
ciple, which was independent of men and of I
management, and never could by possibility err
or be thrown out of gearing. As Messrs. Horsley
Palmer and George Warde Norman, are com-
monly understood to be the fathers, so far as the I
Bank, of the new golden poundage system, it might
have been expected that they should have been the
first to rush forward, not to wait to be called upon, to
rescue the system from the perils which beset it;
to repair the disasters of which it has been the cause
being of course beyond their or all human power.
Messrs. Palmer and Norman are however, it is under-
stood, among those of the directors who are the least
willing to undertake the hazards of the crisis, and the
system. When it shall be past perhaps they may
enlighten the world upon consequences which escaped
their sagacity, and causes about which they were no-
toriously at fault. It is a singular, but, there is good