The Express.
London, England, 1847-07-12 00:00:00

THE EXPRESS, MONDAY EVENING, JULY 12, 1847.

and said it had contained invoices of the goods, but
they were all destroyed in the tire.—Serjeant Chnnnell
pointed out to the jury that although there was a slight
appearance of fire on the outside, that in tli. inside, where
the invoices were represented to have been, there was not
the least appearance of anything having been burned.—
Crossrxamined : A man did lanng a paper, and gave it to
him# but he did not look at it. /dn. Ferguson, the plain-
tiff's motherinthiw, deposed that she had seen a great quan-
tity of valuable property in the plaintiff's shop.—M. Zito-
gonki, a commission agent, deposed that he saw some of the
plaintiff's stock, and it appeared to him to be valuable. He
remarked the hawking pieces that had been mentioned, and
said, that in his opinion, they were worth 31. each.—Baron
Parke : The plaintiff claimed twelve guineas for each of
these, did be not /--Serjeant Channell : Yes, my lord, as the
wholesale price. It appeared that the defendants had re-
(erred the matter to Mr. Toplis, the well known surveyor
and valuer, and agreed to abide by bis decision, and it was
upon his report that the claim wan resided. A deposition
taken vivo axe, by order of • learned judge, of
one Abraham Lazarus, a foreign Jew, who, it appeared,
had left the country, was then put in on behalf of the plain-
, tiff. It was to the effect that he was • general dealer, and
that he had come to England from Hamburg to purchase
goods and that he had purchased at Hull of two brothers
from Saxony velvet and embroidery to the amount of 5001.,
and that he sold embroidery to the amount of 3401. to the
plaintiff • short time before the fire. This was the
plaintiff's ease.—Serjeant Channel" for the defendant
said, the only evidence of the purchase of any pro-
perty by the plaintiff was the very extraordinary state-
ment of Mr. Lazarus as to the sale of the property he had pur.
chased of the Saxon brothers to the plaintiff. The fire did
not last altogether more than a quarter of an hour, and he
asked the jury whether twelve boxes closely pecked with
articles of this description could have been entirely cos-
sumed in that period. When the firemen went into the
shop they discovered a very small quantity of articles which
were partly consumed. The learned counsel then said he
should call their attention to a circumstance which appeared
to him to prove clearly the falsehood of the story told by the
plaintiff. He produced that precise portion of the
counter upon which the witnesses represented the
twelve boxes to have been plated, and pointed out
to the jury that although there appeared to have
been a great deal of heat and fire underneath it, that
the top, the precise spot where the boxes were said to have
been, was entirely uninjured; and there was this additional
singular circumstance, that when the gas pipe melted, it ap-
, peered that the metal had run down in two or three places
upon this particular part of the counter, and still remained
there, which, of course, could not have been the case if the
boxes had been upon it. The foreman of the jury, at the
close of the learaed counsel's speech, said they considered it
unnecessary to cell any witnesses ; they were prepared to
return their verdict.—Baron Parke said they had better
hear the evidence, and see if it supported the learned coun-
sel's statement.—The jury mid they were prepared to act
upon the evidence in support of the plaintiff's thee. They
were not satisfied that the fire was not wilful, and with re-
gard to the amount of the claim, they did not believe
that any such amount of property was in the shop at
the time of the fire. After some unimportant evidence,
the plaintiff was nonsuited.

trunk, and also the key adapted to the lock of rhea arpet bag
in which the property was oontained.—Remand
BO W-STREET.—CIIARGE or Esenez z Lex eve —James
Bell, a tntvellir in the service of Mr. Hutley, c'eeesemonger,
High-street, St. Gibe: e, was charged with embezzling ye-
rums sums of money received by him on accouat of hit em-
ployer. Mr. Mask, cheesemonger, of York-street, Borough,
stated that he had various transactions with the prisoner
for his employer, and in the month of May last he paid him
31.18.. 4&., for *hi& he got the receipt produced. The
prosecutor proved that the prisoner was in his service about
six menthe, and he never accounted to him for the sum in
question. Oa Friday evening, basing ascertained that the
money had been received, he waited on the witness, and
since that time he discovered that he could at a future day
bring forward other charges relating to larger amounts
against him. The prisoner declined saying anything in his
defenoe.—Remanded.
MARYLEBONE.—THE MISTAXIIB or A NV:MT.—Jane
Saintree charged William Ledger with having disturbed her
out of her sleep on the previous night, by demanding admis-
sion into her bed-room at 11 o'clock. Imagining it to be her
husband, she opeaed the door, when, to her amazement, Mr.
Ledger appeared. In the meanwhile language of anything
but an amicable nature was heard in another part of the
house. On inquiry it was found that this colloquial differ-
ence had taken place between Mrs. Ledger and Mr. Saintree,
Mr. Saintree having made a mistake similar to that made by
his fellow-lodger, and insisted upon entering Mrs. Ledger's
apartment. Mrs. Saintree called loudly for her husband,
and Mrs. Ledger with equal vehemence for her's. At length
a servant girl with a candle brought all the parties to light.
Mrs. Saint ree, suspecting the visit was premeditated, insisted
upon magisterial interference to prevent a repetition of such
conduct.—Mr. Long bound all the parties over to keep the
peace for lie mouths.
THAMES.—Ostelees LAW.—John Green, the conduc-
tor of a Blackwell omnibus, was charged with misconduct to
Mrs. Albinia Richardson.—Mrs. Richardson said she got
into the omnibus on the evening of Friday the 2nd inst. ; she
asked Green if he would take her and her luggage to Canton-
place for a shilling, and he said he would. She had not the
luggage with her, and asked him to take it up at the corner
of the street. He did so. On reaching Canton place she
gave the conductor a shilling, which he refused, asking fid.
mote, and on her refusal he commenced ahuaing her, and
made a great disturbance at a friend's house, and to get rid
of him she put a half-crown into his hand, and told him to
take two shillings out of that, but instead of giving her the
change he went away with the halficrown.—Mr. Ballantine
said the words of the statute were, that no more than the
customary fare should be charged; not a word was said
about luggage, and be was not aware that the owners of
public carriages were bound to carry luggage at all. If they
did they were nut to charge an eaorbitant sum. The lady
agreed to give the conductor an extra 6d. for the luggage,
and he was entitled to no more. The case had been clearly
made out, and the public were much indebted to Mrs.
Richardson for bringing it forward.—He fined the defendant
10e. and costs.
HAMMERSMITH.—ILL-TREATING A POLICEMAN.—
George Taylor, a miller, James Pierce, a labourer, and
John Sininas, a waterman, were charged with brutally ill-
treating policeman Hoad, T 148. Hoed had apprehended a
young man named John Dysch, for non payment of arrears
on an order of bastardy ; and, while taking the prisoner to
the station-house, he was knocked down, and llyseh rescued
by Pierce and others, who kicked complainant in the back
and over his body, and ultimately succeeded iii throwing him
into the river. The police commissioners left the case in the
hands of the magistrates, and Mr. Deaden committed the
prisoners to gaol for one month.

MONEY MARKET.

SATURDAY EVENING.

A report was got up to-day that next week corn
prices were to make a decisive move upwards, from
which the inference drawn was that supplies would
not be equal to carry the country over the harvest.
As Console at the same time were declining in
price, this report, loose and unreasoned as it was,
served as an explanation of the cause. There should,
however, be no necessity to seek further for a solution
of the depression in funded values than an overhang-
ing French loan of fourteen millions sterling, falling
exchanges, and the wreck of the late currency
convulsion yet to be recovered, or its results upon
credit to be more fully and finally developed. The
fact more immediately acting upon the market was,
however, the heavy and continuous sales of Consols,
more especially by one respectable broker firm, sup-
poeed to be acting for parties of consideration out of
doors. Some large parcels were sold as low as 881,
and eventually the price settled at that rate, but
buyers. The -disordered state of money, stock and
share values in Paris, may be supposed to have led to
these operations, which, as the bargains were for time,
would seem to be purely of a speculative character.
They show, however, the present tendency of opinion
on the stock exchange, where little confidence ap-
pears to be entertained in the prospect of any pre-
sently forthcoming improvement of stock values.
Reduced Three per Cents. were 881 to Z. Three-
and-a-Quarter per Cents., 901 to 1. Long An-
nuities, 9 to 1-18. Exchequer Bills are coming
into demand as usual on the payment of divi-
dends, and were done as high as 15s. premium, the
buying and selling quotations being Ils. to 15s. prem.
The small bills obtained 20t. prem.
In the foreign market some isolated transactions
were marked, which left the quotations nearly as be-
fore. Dutch Two-and-a-Half per Cents., 571 to 1;
the Fours, 891 to 90. Spanish Fives, 201 to 1 ;
the Three:, 321 to 31. Portuguese, 301 to 14. Bra-
zilian, 83 to 5. Chilian, 92 to 3. Ecuador, 3to 1.
Mexican, 19 to 1.
Some of the most cautions writers on monetary af-
fairs in the United States express an apprehension
lest the largo inflow of specie from Europe in the
presentyear, a statement of the amount of which im-
ported into the two ports of New York and Boston
alone was given under this head yesterday, should
lead to such a plethora of credit that the banks might
be tempted to increase their accommodation and en-
large their issues in all directions to an inconvenient,
if not a perilous, extent. In proof that such appre-
hensions were not without foundation, the official re-
turns of the condition of the New York banks on the
Ist of May are appealed to. The aggregate amount
of specie then held was 11,312,000 dollars, and the
amount of loans 70,218,000 dollars, showing an addi-
tion of specie of 2,100,000 dollars, and of loans
6,600,000 dollars since the accounts made up to the
Ist of February. Within the same period the circu-
lation had increased by 2,600,000 dollars. The favour-
able state of money and commercial affairs, moreover,
and the tempting rates of profit divided by the banks,
had provoked the formation of eight or ten new
banks, some of which bad been opened, and others
were about to commence operatioss.
So far as these returns are in question there would
not seem, however, to be any just cause of uneasiness.
The first element of banking business is to put out its
own means, and the means furnished by depositors,
to good usance. If there be an accession to those
means, there should also be a proportionate anxiety
to employ them safely and advantageously, which
can only le done when a demand for further accom-
modation exists founded on the legitimate require-
meats of industry. The United States are in the posi-
tion of a country having acquired the possession and
command of capital greater by man, millions within
the space of two years than prebably the accumula-
tions of any previous half dezen years had reached. It
would be preposterous to conceive that this excess
should remain locked up in the vaults of banks without
usufruct, or that with such an additional girder of the
monetary structure, credit, in the shape of loans, dis-
counts, and circulation, should not proportionately
expand into more powerful engines of reproduction
and compound accumulation. Whatever the rouse
of accumulation, and however vast, the absurd legis-
lation of Europe indeed steps in to forbid any expan-
sion of banking credit, however legitimately grounded
upon it, beyond an appointed limit. Thu the line of
credit for the Bank of England is rigidly restricted
to fourteen millions, under whatever circumstances.

Beyond that mysteriously-imagined amount it may
not emit a note without gold in hand to correspond.
The bank. of New York will do well to eschew
the arbitrary rule of Europe. The present pros-
perous condition, and the prospects not of less pro-
mise, of the Union, invite whilst they justify the utmost
legitimate expansion of credit. The fortuitous com-
binations of seasons have transmuted immense masses
of agricultural products, before thrown to waste, into
pyramids of golden treasure, by a movement as prompt
and magical as the touch of Aladdin's lamp. That
which was accidental of origin, not to refer it
higher, and therefore of transient promise only,
has been converted by human—European—legis-
lation, partly at least, into a permanent source
of wealth and progress. New and illimitable
fields of consumption have been opened to the agri-
culture of the United States. Europe requires, or
will require, all of corn, cattle, or their products, with
cotton, &c., which they can grow. New regions in
the far west will have gradually, to be cleared, opened
out, to meet the demand. Banking credit and capital,
in such economical conditions of- a country cannot
be placed to better usufruct than in facilitating,
within its own proper sphere of action, the extension
of agricultural enterprise. Tho credit accorded to the
dealer and merchant is so much paned by him to the
cultivation. There is mall roma to is that the
banks will transgress the lino embalms. They have
profited by past experience hitherto, and will
scarcely lose sight of it hereafter ; for years past it

has been observed that their management has been
distinguished by (qua' skill and caution, expanding
with circulation and accommodation in seasons of safe
credit and healthy business, and contracting as ques-
tionable speculation and excitement seemed to be run-
ning ahead.
The interchanges of specie will come to be of small
account between England and the United States in
some two or three years, when production and com-
merce shall have adjusted themselves to the quasi re-
volutions which the repeal of corn laws and the reform
of tariffs have superinduced in their commercial re-
lations.

2 per CI. Rod. Alm, Illi 1,..."......113Z0b. tor Acct. Illei i i i
3 per Ct. Consols Ann., 864 111. R.* P.M.• C1P00.16..14 16 II
3 per Ct. AWN., 17:11.611 Ditto EMU. 1312 16
New It per CI. Aus..2oi 1 I Ditto. 11•2611, 66 13
14 Anc,exp. J. 6. 1110.61-16
---, -

6 pet Ct. Drag Ulna 013,61
Ditto Ramat 136
6 re Ct Chilean Bd.. 33
96 per Cent. Beitutd4r Hoods, 3
3 Ter Ct. Fewtoitteo• 845.,116
NICHANGIN AND

/DKr*.
4 per Ct. POTIUMett SSA. 31P
3 per Cr Spawah Acct., July 11,20 a
I per Ct.Ppanisal Hda , 311
21 per Cs. DWelt Of
4 per Q. Data Certificate., le
aTOCIUI ABROAD.

Pot lamrst.
10. , O.
PAIL". 1". ' now. I ,t. illglost. i Lower. , Clot*/
Fi !--77 40 I it oo 7-7 10 177 43
116 30 1 111 40 111 N 116 dO 1111 00
- . -
llzektuge oo fades 0 Od./0, 20 33 Off: frd•
Wow/.
Berl. 3, 1640. . . 10e ' Naples Itmatmo . . 1 103 TS
Do. 0.160 . . . 1 ,I Idoosaa lona . . . 100
Do. 4i . . . , 77.0.0,7 howls . . 51
Do. 11 . . 1 Doak alarm . . 3/16
M..... 1"" 1.-9hfof Off CO•fo.. 3741; Foor per d7eote., 17/ ; Fire per
C. 0..: ri : root. 00• of I t Coopow, 13. Bank of 13. Ferdlnand, 136
bask of Mt. habotla, 111. Exeluatie ea Loodoe, 4013-100.
A ..... mos. Jet./ I.—Duch Act. Debt, Two oad.a-Holf per Ceats.. 672
ar,ory, 351 011ie; Three per Cemta, 70 gooney, 704 MU, Four par C.rats., 106
ormoy. la/ bans; MUM /pod, Throe oad.o•Ralt per Contra A 62 1110•Py,
601 01113 . Oman. Comp., Faut.sed.a. Half per Coma., 1742 mosey, 171/
0114. Ezebonite on Laois., 11.07 ; two nomad. 11 17 , aa 11.1.16.1 f.
33.04; two n 0.0423.23; so Puts. 30.07; two oAoths. 6/37.
%,,.,o. Jr:, 2 —Awntiaa Flee per Coots.. 1001; Four per Ceuta.
Hi ; Three per /A.A. 611; Twreamol.a.gmlf per Crate., Hi ; Loam, 1031.
1311. De. 101.1214 ; 14aok mum. 1.181.
BILOONLO, Jett 6.—Ll4a, 1340, 002 , Do. 1041. 1110; Do. 1544. 66 ;
Do 1180. OM , Do- of 01411 MT. 1131, 554; Do. 1633, 1.6 i , Haut of Be/
glom, Hi. Nichatme on Loodoa.u.en.
ApTlValr.r. 4 001 o..—Errhameo - UNA.. 21.614.

3 per C 3313. .
4, Do. .

EDINBORO/1 Mtn Phan( Special Mean,.
EIMMVIUM, July 7.—Sir Charles Mom in the chair. The cba%
niaa reed a report by the tarrisional oommittee to the Mae:
holders, in which they hr alludal to the contest befvre the town.
mitten of the House of Customs, and the rejection of the company s
bill be • majority of one. Notwithstanding the unfavourable revolt
of theireaertions hitherto, the eirectora, looking to the merits alb%
line, especially to the short ferry across the Forth, had no dont% that
ultimately, parliament would sanction the line, and, the rehire, they'',
posed to bring the undertaking again before it next session. The
rtruggie with the kalinburgh and Northern and the Scottish C,o
hod necessarily involved large capcnsee, but es the greater part of
claims against the company hod not yet been received,
directors were not in a pralUan to report on the gad
oi the financial affairs of the company, The chairman next zombi
the adoption of • resolution expressing apprioral of the report of tha
provisional committee, and authorising them to take all ueoreav
measures for bringing the reheme again before praliansent, with kit
power to make ouch alterations on the branches and other wake as
they should deem expedient, and to make such calls on the duffs.
beklers as might be necessary, and to take all such stem is the
accomplishment of the object as circumstances might maim. Xv.
W. bionic moved, as an amendment, that, before adopting any toes,
sures of a definitive character, either in regard to pememprint the
undertaking or winding it up, the report read to-day be aad
circulated, snd that a committee be appointed to examine the se.
counts of expenditure Incurred, the state of accounts between the
company, and any otter undertaking, and of the liabilities of the
company generally, and that as soon an the committee are prepared
with their report, another general meeting of the shan holders,*
called to determine as to further prsneedings. The amendment was,
idter some ellamiseion, negatived without a division. its supporta%
being allowed to enter their dissent from the resolution, which Inn
declared to be carried.

FI4NCITICL/LWILY TBAYNIC, for the weckt eadiog re.
speetirely, July 2 to 7 : Mee Comveathoe
Worked. creek, 1646.
Peristoilmea !S? . £6,571

Ronen to !Earn!

lhris to Oi sn

3,40 :::

!,H3

Orleans to Hanka= (.s. 1).- 1,924
Northern - - - ... 11,464 ... e,574

Amino to Boulair Ova 1)...

s-... 608 ...