The Express.
London, England, 1848-05-02 00:00:00

COMMERCIAL 4 MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Two o'Clock.—We have a rather extraordinary
movement in the funds this morning, which cannot
be ascribed to any political intelligence of favourable
impact, since the accounts from Ireland, in the second
edition of the Doily News, are viewed as on the whole
of a disconreging character. We have, nevertheless,
had Consuls up to 83: buyers, or say full 1 per cent. in
advance of the quotations on Saturday, the last ba-
gginess day. We have now a slight reaction in them,
at 831- to 1 for money and account. The ex-
planation of the rise is, that the specu-
lators and dealers have oversold themselves,
and are buying in their accounts under alarm at
the continued steadiness of prices. Reduced
'fhrees are 81! to Three-and-a-Quarter per
Cents., 823 to 1. Exchequer Bills, 38s. to 425.
premium Bank Stock, 188 to 90.
We have a more active market and better prices
in foreign stocks also. Spanish Fives are now
called 13 to 1 ; the Threes, 23 to f ; Passive, 3 to
Portuguese are up to 18i to 191. Dutch Two-and-a-
Half per Cents. are higher, at 41 to 3 ; the Fours,
at 02 to 4 ; and come better also from Amsterdam.
Russian, 83 to 90 ' • but from Holland are advised as
being more offered there. Mexican are up to 16 to
f. Peruvian, 30 to 2. Buedikityres, 20 to b.
Brazilian, 66 to 70.
EX OLri
Bank Stork, 133 90
per Ct. Ited. Anne.,
I CL Com. Asa.. 839

FUN DS.
Irr Ct. Con. for Al., j
3 prN Cemts., 021
Itzebeenev tlJl., 30.. to 42e. prom
rtiNvs.
1 per Cunt. Orenvla DD., 12 1
Urenado Deferred M.., 2i4
/
per et Metiesn, 1744, 10
per Ct. Peruvian Hein, 30
Perio-tar. 131 191
h et. 35 90
Ditto Spantda 8d.., 13
3 per Ct. Spanish Dd.., /3
Spenisb Deferred D.P..
Ditto, Pamir. MP., 7.j 31
2 per Ct. V etterue:.. 13.1 , 18 7.3
I v.ersuela Deferral Ed... 9 7

►ORJEIJ:

6 121' Ct. Auetrlso
44 per Ct. Itelg. Monde, 60 6
11y per rcpt. ditto. 36 5
*per et. lbwUlan lids.. 66 TO
Pate New, 71 11
O per Ct Been. Ayre. 11.14., 20
Ditto Chi:l4n iiOA. a.
Ditto eohugib Pd. 134,,
CuluebbLats Leuld..r H P., 2
1 per Ct. 11/ut.411 H It, SO 33
Si per et. Lath Rda... 41 3
4 per CL Dutch Cert... 63 4

RAILWAYS.—The market in shares has evinced
much firmness, with to advance in almost all
shares. 'lucre is, however, no great amount of busi-
ness transacting, an indisposition existing to give the
increased price until the market shows itself more
settled. We quote all shares firm, at the increased
prices. Brightons are now marked at 32, being a rise
of 30s. a share.

ZA-Citztiv7rA.--*T. ED UP TO TWO TIM DAT IN LONDON

Midland, 991 101
Do. COWL Bristol & Birm., 6 per
cent., 119 IS
Norfolk. 61
North Briisti, 22 1/
Ito. Halves, 91
Do. Cu frters, 1; 3
Do. Thirds, 1
North Suitor&hire, 7 I
Geoid, Woe., & Woleer., 21 4
Reading, Guildford, nod Reigate,
61
Scottish Central, 20/
South Eastern, 23 4
DJ. No. 2, 7
lk Thirds, No. 1, 51
Routh Wake, 91 85
Wilts, Somerset, and Weymouth,
13 14 •
Turk, Newe., & Bcr., 301 1
Do. Orig. Newe, & Ber., 2411
Du. kitten. No. 1 (York aad
Newc.l, 161;
Do. Eaten., No. 2 (News. and
Ber.), 101 1
Do. G. N. F. Pin. or Pref., 91
York and North Slid., 01 7
Do. Pref., 13 1
Do. E. and W. It. Ex., 301 SI
Bounorne and Amiens, 61 1
N. of France, 1 21
Sambre and Mouse, 4 1

Cdedonian, 33 1
Chester s Holyhead, 241
East Anglian, 3/. 1e5.,8 per Cent.
Pref., 3
F.astern Connties, 131 1
Ex„ 5 pet Cent.. No. 1, par
Do. Do. NO. 2,1 t d
Do. Northern & Fermin, 491 1
Lancashire New, 71
Falin.itudGbistow Halves, 10
Greet Nrirliern, 31 4
Great S. and W. (Ireland). 23
Great N. of Flatland, 228 9
Do. New 44..34
Gt. Western, 90
Do. Quarter., In a
Do. New 171., 8/
Hull and Selby, 96
Lancashire & Yorkshire, 701
Do. Halve., 37
Do. Sixteenihs, 51
lb. Third. Reg., 71 d
Do. West Riding Union, 4 d
Do. Preston and Were, 39
Leeds and Itradord. 119
Leeds and Thin*, 17
London and Nisckwatl, 51
Lon., Brighton, & S. Coot, 71 2
Ciao& Eighths, 20
Lon. & N. Western, 1281 30
Do. New, 4
t,ee. and S. Western, 45 4
Do. Thirds, 61
LIVERPOOL eALE&, May 1.
To-day was a holiday in the share mat ket, but neverthe
less there wuconsidersh'e business, at ',utter improved prica-
MANCHESTER SALES, MAY 1.
There wet rather more business than of late, anti priers
slightly idea. cud.
Birk., Lan., & Mesh. in., 7 d Great Northern, 21 d
Laneosban New, 71 d Lreds & 2.14
Do. Ors., 41 N. Sailf.ird.bire, 31 1.164
lan. S. York. (627. sh.). 8 1-16 d North Western, G 9.16 d
(.V. tt. U.), 43 Di 1.11 d a 1: & Dover, No. 4,3/ d
81it11131611331 SALreL Mar I.
The minket was 11. et : in prices no alteration.
LEEDS B%LES, MAT I.
The trans.letions in shares wern not very extensive, yet we
are glad to have to report an improvement in value.
E. Larrosliire New, 7/ d N Ilne-h Thirds 47r. d
Qrs., 11 d North staflordshire, 3 d
Leeds and 1111rsk, 231 1 d NeXT. & Beer. New, ss. p
Ws Northern, W. 16s. 3.1.1 d York. X. Neve. Prof., Is. ed
BRIsTOL BALLS, MAT 1.
Three was a somewhat larger amount of business done
to-day.
Great Western Qrs., 21 d I Best. It Ihrm., 118
- - -

~mth

, .
Great Northern, It. 3.'di3.111 lAi;F4l:".l4l4A;nin..en and per. (0. N. E
T,,rk, Nora., tz Ber. EL No. 2, Par.), b&
Da. Be. 9d.

PRODUCE.—MINCING-LANE, ITatipa at Two.— I
The salts have been large And various to.day, viz., 160 khds.
West India, 5,700 bags Mauritius, 4,1300 bags Bcncal, and
1.800 hags Penang Sugar; 130 casks J.:maica Cofße ; 300
bag. Bahia Cocoa; 2,500 bugs Saltpetre; 2,000 lug' Rice;
with two small parcels Pimento and Pvpper.— The Sugars
are progressing steadily, the dealers bu3ing with confi:cuce.
—Coif e dots not sh3w any alteration in prices; but there '
is evidently a want of spirit in the biddicgs.—
The Rice sold at &butt previous rates; middling white
Bengal, 10s. tkl. to 11L—There did not appear to be buyers
of Saltpetre, unless at considerably lowtr prices, and it was
all bought in —Spie,s did not show any alteration.—Tea has
become more firm, and a fsir amount of business done.—
Cotton has become rather mote firm.—ln other articles no
'iteration.

HAY.—SXMIFIELD, 7krwu Cleck.—Meras. Cooper
and Davis report a o,nr• rueelv, with hear( trade.
—o .. to --e. Fuse.. 1:61. to 20.
neertc!... ell. • . #4. w

CORN.-Arrivala at the graaariee, by the Eastern
@moues Railway, for the week ending April 29 :
Malt
Wheat
Earley 15e „ Floor
21 w 5,9h5.
Oats
Baleartaeroat, April 29.-We had a moderate supply of
Wheat, which sold freely, at en advance of le. per 9r. Very
little Barley was offered, and the demand was limited, and
pr as were Is. per qr. lower. There was a good supply of
Oats, which sold readily at former rates. Nothing doing in
other articles. Wheat, 475. to 50s. Barley, 265. to 301. per
qr. Oats, 9d. to 91d. per st. Beans, 365. to 375. Peas, 32e.
to 34e. per qr.
CAMBRADODS, April 29.-We had a good supply of all
Coro, with but little alteration in value. Wheat, red, 445.
to 48s. ; white, 625. Barley, 30s, to 31s. Beans, 335. to
363. Pees, 325. to 365. Oats, 16s. to 241.
CialmeasTEß, May 1.-Our market to-day very thinly at-
tended. Wheat wee, however, held for more money, but
no advance could be established ; end the business done ex-
tremely limited. We have not 'such a brisk demand fir
Barley, and few sales effected. Oats are a middling sale.
Beene extremely dull. Wheat, 101. 15s. to 131. 15s. per load.
Barley, 335. to 38s. per qr. Oats, 20s. to 28.. Beans, 40s.
to 48..
Cotetteerrun, April 29.-The supply of Wheat was mode-
rate, yet sufficient, sa the buyers were not dispond to do
business at the prices asked. Only fine parcels made last
week's price. Barley sold readily at rather more money.
Averages, Wheat, 1,071 qrs. I hush., XL 9d. Barley. 601
qrs., 295. 7d. Oats, 64 qrs. 2 bush., 20s. 6d. Beans, 58 qrs.,
325. 3d.
Doreeeersa, April 29.-The market was freely supplied
with Wheat again; advanced rates were generally de-
manded, and 6.1. per three bushels obtained on all fine
qualities in the early part of the market, but towards the
cloy e the trade became heavy, and mod, rate qualities saleable
only at last week's rates. 'There is a very limited demand
for Oats and Beans ; dry qualities of the latter rather freer
sale, but no dearer. Some of the maltstei s having ceased
buying for the season, Barley is no clearer, and scarcely ob-
taiued last week's prices. Na heat, new, 17s. to 19e. ; fine,
20s. to 211.6 d.; old, 18s. to 195.; fine, 203. to 21e. 6d.
Blendcorn, 15s. to 171.; fine, 193. Rye, 13s. to 145.; flue, 15s.
Ile,:ns,:l3s. to 145.; flue, 15e. to 161.; old, 17s. to 18s. ;
l'eu, grey, 13s. to 11s.; white, 145., per three imp.
bushels. Oats, les. to 22...; fine, 245. to 215.; old, 19s. to
235.; fine. 255. to 265. Barley, 31s. to 335.; fine malting,
345. to 363. per qr.
Ilenextou, May 1.-Our attendance at market to-day
was not large, and the supply of grain in-Aerate, except
Wheats, which was equal to the wants of our millers; the
trade was dull, and lower. Barley and other spring growth
was in short supply, end late prices about sustained.
II rsinvonn, April 29.-We had a very moderate quantity
of Wheat, wh:ch realised Is. per qr. advance; good red, 48s.
to 505.; fine white, 523. Barley was in request for seed, at
an advance of full 2s. per qr. In Beans, Peas, and Oats, no
alteration.
HUNTINODON, April 29.-The supply of Wheat was good,
and the pores the same. Barley rather more inquired for,
and a little darer. Beans, Peas, and Oats commanded a
little mare attention, though not much money was merle.
LANCASTER, April 29.-We have had but a scanty supply
of grain exhibited. Farmers seemed in better ['traits ; and a
trifle advance over last week's prices was obtained.
Leteitaren, April 29.-Our Corn market ruled dull, espe-
cially for Wheat; and this article was Is. to 2s. per quarter
lower. Barley maintained prices. No alteration in Oats.
Beane were a little dearer. Wheat, from 48s. to Ms. Bar.
ley, 32.. to 375. Beans, 35a. to 445. ; old, 30.. Oats, 241. to
284. per qr. Flour, fine, 405.; seconds, 383. ; thirsts, 36e.,
per auk.
MALTON, April 29.-We bad a fair supply of all grain.
Wheat sad Barley each Is. per qr. dearer. Oats the turn
dearer. Wheat, white, 555. to 625. per 40 atone ; red, 535.
'to 58s. Barley, 295. to 345. per 32 stone. Oats, 91d. to 100.
' per stone.
NORTHAMPTON, April 29.-We have had a large show of
Wheat, and a dull sale, at former prices. Barley comes
slowly to band, and makes Is. per qr. more money. Oats
and Beans as last week.
PRESTON, April 29.-The coldness of the weather has
given a cheek to vegetation, but upon the whole the crops in
this district look tolerably well, and we see no cause fur
alarm, provided we have a more genial atmosphere for the
future. The imports this week are to a fair amount, includ-
ing a car,zo of Wheat from Restock. We confirm our ob-
servations of this day se'nnigbt as to the tone of the trade
generally ; each article continues to be held with unabated '
'firmness ; and upon Wheat our last quotations has been
' rather exceeded. The show of Engli,h Wheat at our Corn
Exchange this morning was very trifling, and • clearance
was easily effected at an advance of full Gd. per windle,
whilst a similar improvement on Irish checks the demand.
Flour, 6d. per pack higher. Beans a free sale, at an amend-
ment of fl. to le. per windle. Oats, attracting more erten.'
titan, realised Id. to 2d. per bushel over our last quotations.
Oatmeal, however, remains inactive, and we cannot note any
improvement in value. All other articles the turn dearer.
' The average price of Wheat this week is 49..110. per imp. qr.
PLYMOUTH, April 29.-The corn trade has assumed more
firmness, and Wheat is mostly held for come advance. The
appearance of this grain in some disnicts is not very favour-
able, and the spring tillage is unusually backwards. Wheat,
463. to 565. Barley, 28s. to 325. Oats, 20s. to 235. per qr.
RICHMOND, YORKSHIRE, April 29.-We had a fair sup.
ply of grain. Wheat sold from 6s. 30. to 7s. 62. Oats,
21.81. to 3s. 4d. Barley, 4s. 3d. to 4s. Shi. Beane, 4a. 6d.
to 5.. per bwieel.
SHREWSBURY, April 29.-Wheat and Oats sold slowly,
but for Burley there was an improved demand ; the market
eland as follows: - Wheat, 6s. Bd. to to. 10d. Barley,
Is. Bd. to ss. Id. Oats, 21. 41. to ss. per imp. bushel.
SWINDON May 1.-Supply was good, and in better con-
dition than SWINDON,
some weeks paat. Highest price of tine heavy I
Wheats, weighing 62itrs. per bushel, 5.51. per qr.; good red,
535. ; maderate, 505.; poor, 425. to 441. ; Flour and Bread
as last week. Barley in quantity exceeded the demand ;
price, therefore, declined 2s. per qr. Best, 355. ; eecond,
333. ; common, 30s. Malt sold slowly, at 583. to 603. per
quarter. Beans and Peas were scarce, and sold quite as
high as last week. Many purchasers of small seeds, yet
prices were no higher.
YARMOUTH, April 29.-We have a very small market ;
the trade dull, and late prices for the best parcels of Wheat
barely obtained ; other torts a very dull sale. Barley in very
short supply ; prices for this article may be called fully as
good. Beans and Peas are more firm. Oats remain as last
noted. Flour a slow ule. Wheat, white, 50s. to 525. ' • red,
40s. to 49.. Barley, 283. to 31s. Beans, 325. to 334. Peas,
It'. to 365. Oats, 225. to 265. per qr.

CATTLE, &c.—Total of Cattle received in London
by the Esttsrn Counties Railway, fc: "'ding
April 29: _ _ .

Beast/. Sheep. Pigs. Calvet.
At Lend, 73
.844 . 321

At Stratfonl station...

_351

As Tatenkam

Total 2152

COLCIIESTR; April 29.—The show of cock was good, and
m-ire than equal to the demand, although many extensive
purchase' were made in Sheepand fresh Beasts. Prices are
rather improving. Several lots of fat Beasts were taken at
good prima by the London butchers, and transmitted to
town per railway. Lean atcele do not improve in value.
Pigs sold readily, at last week's rates. Milch Cows were
in request.
MaLmcsettay FAIL—The number of fat and grazing
Beasts were very large; for the former, the trade was dull,
at lower rates; whilst for the latter prices were much the
same, with a fair trade doing. Of fat Sheep the supply
fully sustained the reputation of this old es!ablashed market
for a supply of rood mutton at a period of the year when
t,,er, is great difficulty in procuring it in other quarters i and
the number of eager buyers made it a good sale at higher
prices. A fair number of poor Pigs, which sold at higher
raga. There were a great many Heifers exhibited, and
dairymen were ready buyers at fully 11. per head more
money than they were worth at the March fair. Taken as
a whole, it was a cheerful fair, and fully proved that agri-
cultural matters, at any rate, are in a healthy state. Beef
from 91. 91. to 10. 3.1. per score. Mutton, out of wool, 71d.
to 71d. per lb. Fat Pigs, 10s. 3d. to 10s. 91. per score.
- -

Nor:wren, April 29.--Our market exhibited a good show
of store calle ; there were but few buyer., the trade dull,
and nearly half the Beasts remained unsold. Fat Beasts a
mall show ; trade firm, at '.7s. 6d. to 9s. per atone of 141135.
The pens were well filled ; Hoggets of all kinds from Is. to
21. per head lower, and many lots remained unsold ; fat
Sheep dull in sale, at from N. to 93. 61. per stone; naked
Sheep, se to Bs. 111. Giod store Piss from 30s. to 355. per
head ; Ist Pork, 6s. 9d. to 75. per stone of 141bs.
READING Fate, May 1.-Of Demons, Herefords, short-
horns, Welsh, and other store Oxen a great supply, and leas
money by at least 10s. per head had to be submitted to.
Some splendid large Devon' reached from 151. to 171. each;
second-rate, 131. to 141. ; Herefords and best short-horns
making nearly as much money. Selected Scots went as
hhele ai from 101 to 141. each ; compact North Wales, 81. to
10/. ; mane inferior so:4 at iron 31. to 61. A good show of
Ald. racy eruct other Caws and Heifers ; the b. et, with a Calf
by side, reached from 201. to' 21. each ; short-horn, 161. to
181. • et wkl-shaped liedere in Call were quickly sold,
at 171. to 181. ; others, at tram 121. to 151. A
moderate quantity of Down and half bred Sheep. Beet
Ter., here and Dorset Downs, fold at from 443. to 48s. per
head; seeonlrate, 365. to 40e. ; best Ewes, 403. to 425. each;
sold at top
, inferior, 365.; best half-bred couples, 46e. to 523. ; common,
403. to 4U. Some fine fat Down Wethers made but
Sc. per stoic of 81bs. Without wool, 43. 11. to 4s. Sri
First-rite hunters Hof w
Ho-- -.•-
pricer.; eeveral pair of well.:-.;;c'nea-i
Carr;AA.... - " • -•-. , .5r gentlemen?
awe loos. to Lew. se,o 'pair; next in size and
3)mmetry, at fcom 901. to 1001. Good gig Horses told at
from 301. to 351. each. Country-bred dray Horses for Lon-
don work, hist, made from 401. to 501. each • second-rate, for
railway contractor', at from 301. to 351. ; goOd useful farmers'
Cattle, at from 201. to 301.; aged strong went at from 14/.
to 181. ; inferior, 61. to 10/.
SwiNnoN, May 1.-A large market. Best fat Devon, and
Herefords declined Gd. to Is. per scare since last market, and
then not all disposed of; highest price, lle. per score ; mode-
rate, 103. to 10s. 6d. ; inferior, 9s. 6d. ; coarse, 95.; contract,
8.. to 81. 6d. Large fat Calves with difficulty made 10s. 60. ;
inferior, Go. 61. A better supply of fat Downs ; prices were
4d. per stone of Bibs. lower ; top figure, 53. to 53. 2d. per
stone; large half.breds, 4s. 10d.; shorn Sheep, 4.. Bd.; fat
Ewes, 4e. to 4s. 4d. Finest fat Lambs sold at 6s. Gd. per
stone ; moderate quality, 63. ; large Pig., 101. 6d. ; small,
10e. per score. Lean stock lower, and trade not very brisk.
GLitaoow, April 27.-The supply of Cattle at the market
was good. Beat Beef and Tallow brought from 93. 61. to
103. per tron stone. Sheep were scarce. White-faced sold
from 44i. M. down to 425., according to quality. Best black-
faced brought Us.

cr:! fs!:74:7;e: Markets por

IMPERIAL PARLIAMENT.
HOUSE OF OOMMONS.—MONDAY, MAT 1.
The Bnuaiz took the chair at 4 o'clock.

PRIVATE BUSINESS.

. .
REPORTS OONSIDERED.—Brighton Gam Light and Coke Com-
pany • hirkenhnd Dock Company; Derby dVatereorka;
THIRD REA DlNG.—Tadcamter and Halton Dial Tornrithe Road
(Divermion, &c., of the Rood to the Pariah of Tadcaster) Bill.
LORDS' AMENDMENTS CONBlDERED.—Letogster Oman"
MIL

PUBLIC ERSINEBS.

!il;.Gtaiioira,—...f;;• • ye rso! at thiritarn, oons.

=ailillreof the me;:atiori of
against ge.C.l.:ucr/rZ:;stuiirts ; alsoonstipetitionyu
—Mr. G. TnoarioN, from Polkestosr, against war ; also from Mop.
nay, against the Wes on land.—Mr. EWART, (rem Dumfries, against
Sunday travelling; also from a place in Dmsfries, against the sale of
beer on Sundays, and for sites for free churches. —Mr. DMA, LI, from
Jamaits, against the assimilation of Sugar Duties Act; also a petition
against the Poor Rentomil Act—we did not hems whenee.—Mr.
_ _

Blill/gAI, from Rochester, against the Health of Towns Bill.—Lord
4:scour, two, against the Sites fur Churches (Scotland) Bill,
—Air IL Nous,. from the clergy of Berko, against the Jewish Dirobib-
ties' ME -Mr. ilowriros, several from Ireland, against the national
',atom of education in that country.—Mr. Haisonsar, from Worces-
ter, against the Health of Towns Bill.—Mr. Hens, from Arbroath,
in favour of sites for free church/. in Scotland ; also from lneerneen,
agalast the rale of spirituous liquors on Sunday; also from Oloegow,
against the Entails (Scotland) Bill, as inrutfloient; also, from Mon-
trose, in favour of the bill; also from ochoilmasters in Machin, for
better remuneration to schoolmaeters in Scotland; Lord BISIINARD.
from Ohmauirs, in Cork, against political denunciations from the
altar.
SECOND RECDINGS.—RemovaI oicAliens ; Collectors of Cm,
Weinrich • Evicted Destitute Poor (Ireland); Bills.
REPORT.—lneolvent Debtors (Hillis) Bill.
THIRD REA DING —lndemnity Bill.
LORDS' AMEN DNIEND) CONSIDERED.—EIection Recognisanses
Bill.

30TICE8 OF MOTION.— Voce IBY Bitcor.—ttr. U. Banzinty,
on Thursday the Ith Oat, to move that the Totes for members to NiC
in parliament be taken by ballot.
A 1.11.01 Btu..—Lord 1). C. greater, in committee on thin bill to mole

lIARWICE ELECTION PETITION.
The SPEAKER informed the house that he had received
a communication from the agent for conducting the petition
easiest the return for this borough, intimating that It was
not his intention to proceed with the petition.
An HON. MEMOIR hero observed that there were not 40
members present.
The gsllery was cleared and the house counted, and more
than 40 members being present the gallery was reopened.

FOREIGN POLICY.
Mr. URQUHART gave notice of his intention to-morrow
(this day) to ask the noble lord the Secretary for Foreign
Affairs a question relative to the correspondence which bad
appeared in the public papers between Mr. Bulwer and
the Duke of Sototnayor ; also with respect to the position
in which Great Britain stood towards Denmark and Prussia.

---
SUPPLY.
The house then went into committee of supply.

ISLAND OF TOBAGO.
The CHANCELLOR of the EXCHEQUER said it was
known to the house, by the papers which had bees laid on
the table, that the island of Tobago had been desolated by a
severe hurricane. It was also known that when such cala-
mities had occurred on former occasions the house had inva-
riably stepped in to the relief of the sufferers. The govern-
ment, acting upon this precedent, had authorised the grant
of 3,0001. to be immediately distributed amongst those who
had been deprived of their all by the hurricane, undertaking
at the proper time to obtain the sanction of the parliament to
this advance. He had, therefore, two votes to propose to the
committee ; the first of which was, that a sum not exceeding
5,0001. be granted to her Majesty, to defray the advances
made to relieve destitute perso:s in the island of Tobago.
The vote being put from the chair,
Mr. HUME asked if this sum was to be given or only
lent ?
The CHANCELLOR of the EXCHEQUER said that it
had been already expended in the relief of the actual destitu-
tion caused by the hurricane.
Mr. HUME—Then if the money has been actually ad-
vanced and spent there is very little use in asking this house
to sanction in expenditure.
The CHANCELLOR of the EXCHEQUER said that
the course pursued was the only regular one.
The vote was then agreed to.
The next vote was for a sum not exceeding 50,0001., to be
advanced out of the consolidated fund, or by the issue of
exchequer.bills on loan, in order to enable the planters in
the island of Tobago to restore their properties to their
former state.
Mr. HUME asked what security was to be given for the
repayment of this loan 1 Also, whether any portion of the
sum now proposed to be voted had been yet advanced?
The CHANCELLOR of the EXCHEQUER said that
no part of the amount proposed had teen yet advanced. The
security which was to be given would be such as was
satisfactory.
Mr. HUDSON asked if former loans of this description
had been repaid by the West Indian colonists ?
The CHANCELLOR of the EXCHEQUER said that
in most cues they had. There was no reason to complain
on this score.
Mr. DARKLY thanked the government for having come
to the aszistance of the island of Tobago under the recent
visitation. He believed the advance would be quite safe.
The vote was then agreed tsp.
COOLIES.—TRINIDAD—GUIANA.

The CHANCELLOR of the EXCHEQUER next
brought forward the subject of the immigration of labourers
into Trinidad and Guiana, which had been first sanctioned
by Lord Stanley in the year 1844, and continued under his
successors in the Colonial-office. The present vote which he
was about to submit was to defray the cost of transporting
10 000 coolies from Calcatta and Madras to the island of
Trinidad and to the colony of Guiana. Those colonies had
endeavoured to raise loans on the securities sanctioned by
their respective legislatures to defray these expenses, but had
not been able to succeed. The government, therefore,
thought it advisable to do so for them, more especially as the
immigration of coolies which had occasioned the necessity
for a loan had been sanctioned by preceding colonial secre-
taries. The vote which he had to propose was, " That a
sum not exceeding 200,0001. be granted to her Majesty to
defray the expense of the transport of labourers from the
But Indies into the colonies of Trinidad and Guiana."
The vote having been put from the chair,
Mr. BARKLY said that the West Indian colonists would
feel bitterly disappointed when they found that the pre-
mises of relief and asaLtance held out to them at the be-
ginning of the session by the right hon. gentleman had
dwindled down into the vote before the house, which was a
mere repayment of expenaes which were known to have
been incurred at the very time when promises of further
assistance were made to them.

---
Mr. HUME would not deny the truth of the hon. mem-
ber's olyervations, but he rose to oppose the grant on the
ground that the money required hid been spent without first
having been sanctioned by the house. The outlay now sought
to be reeovtred bad been going on since the year 1941, and,
).use ought not upon principle, to aan".;:za, ,p„
secretary taking upon himself to incur an expenditure ',Athea
first applying to parliament. He should take the sense of
the committee on the vote. To expect the colonies to repay'
the amount was a delusion: their credit was destroyed. They
could not pay their own executive officers, much less such a
loan as the present. The whale colonial system required to
be changed. He begged to move as an amendmc sit that the
vote be postponed until the committee of inquiry into the
West India colonies had made its report.
Mr. GLADSTONE agreed with the hon. member that
repayment of the loan now before the committee was not
probable. He must observe, however, that neither himself
nor Lord Stanley could be considered responsible for the
debt incurred by the immigration of coolies from the East
Indies into Trinidad and Guiana. All that his noble friend
and himself had done, was to authorise the transport of free
lapourers from Calcutta and Madras into the West Indies. But
they incurred na respmsibility for the loans which were
raised to defray the expenses of that immigration. There
was nothing to prevent the colonists in 1846 from raisins
the &motet required on their own credit.
The CHANCELLOR of the EXCHEQUER admitted,
that the late government had not actually sanctioned the
loans made for derraying the cost of immigration, but they
had sanctioned the act which had rendered those loans in-
evitably necessary, and therefore they were responsible for
the results. With respect to the observations of the hon.
member for Leominster, he did not consider he was open
to his reproaches, for he had distinctly mated,
on the occasion referred to by him, that part of
the relief to be afforded the West Indian colonies
would consist in enabling them to defray the expenses
of past immigration of vacates.
Sir R. INGLIS attributed the ruin of the West Indies to
the admission of slave sugar into competition with freo la-
bour produce.
Mr. ROBINSON objected to the importation of fresh po-
pulation into the West Indies without due preparation. If
circumstances should so change as to require their re.trans-
mission to their own country there would be a fresh call for
money, and fresh expense to the mother country.
Mr. WILSON objected to any delay in passing the vote
on the score of the report. They did not know how long the
report might be delayed.
Mr. HERRIES said that although 34,0001. was a small
MA, yet in this vset it Involved a greet principle, that of
giving the guoran'ee of the imperial credit to a future colo-
nial account. If the Chancellor of the Exchequer would at-
eept a vote for the 166,0001. already spent, leaving the
84,0001. over until the receipt of the report, he (Mr. Harries)
sbbuld feel inclined to support it.

Tho CHANCELLOR of the EXCHEQUER had no in-

tenticn of pledging the house to future schemes of immigra-
tion. Er could not, however, tell what was the exact sum
which had been expended under the act, and therefore could
not assent to the limitation proposed her the right hon. gen
&man. I TIOWRING,
After a few words from Mr. MiItKLY and Ds. ..
Mr. RAWESsaiI that both Lord Stanley and the riehte
hon. member for Oxford University had acquiesced in rlaut
for the immigration of coolies, and bad authorised the cobs.
nista to raise loans for the purpose. In consequence, how-
ever, of the state of the money market and the Bolan rate of
interest offered, the money could not be raised in London, so
that if the present government had not interfered, immigra-
tion mast have been stopped altogether. Re could not tell
the exact amount required, but in no case should it exceed
200,0001.,tbe refusal of which by the house would deprive the
colonies of all hope of a further supply of labour.
Mr. CARDWELL thought that if now for the first time
it was proposed to give the imperial guarantee to colonial
acts, the house bid a fair right to question that proposaL
The West India committee bad sent in six reports, and were
now deliberating on their final report. Until
was received he should 'longest a vote albgelfir •
alrealy expended, leaving the balance a estettoet rte
consideration.
Mr. T. BARING considered that the espenwe already
undertaken under government guarantee would require the j
entire vote.
Mr. lIILDTARD took a similar view of the q region.
Lord J. RUSSELL arid that and. whim Cel•mi
I tzry, refused his -a