The Express.
London, England, 1847-05-10 00:00:00

At Chambers before Mr. Hamm Aklereme.

Dx14410.D711;ZY.--41111115ViEVeiS1SRVANTII IY ORDIN UT
All 111.111LPO ED PROM AR VlST.—This was a rule calling
on the plaintiff to show cause why the defendant, who was
arrested on the 23rd of October, 1946, by the Sheriff of Mid-
dlesex, under a writ issued by this court, should not be die
charged, on the ground that be was a servant in ordinary of
the Queen, laving held the office of Bornersi t Herald at
Arms since 1513, and that he was, therefore, privileged from
'nest. Mr. Bramwell aborted canoe against the rule, and
Mr. liogrine supported it on Thursday last, and the facts
appeared in this journal next morning. The learned judge
haring then taken time to consider, pronounced his judg-
ment at the sitting of the court on Saturday morning.—
The tole was made absolute for the defendant's climbs/gr.

INSOLVENT DEBTORS COURT.
benne the Chin Commissioner. _

---
AN LNSOLTENT'S CAREER.—IN Rs CHARLES TERWHITT.
--The history of this insolvent for Dearly 80 yeses may be read
in the muds of this sad Ma bankrupts/ assets notwith-
standing he has been is the sodsmsscicladisespesdent in-
come, for nearly the wilds admit dm. Ns ibllowed no
profession, execpt that which may palionss Indulge in, by
purchasing Ind aellieg of hones. Me int healltruptcy took
place in 1825, the second in 1832, sad the third is 1837, on
ail of which occasions he obtained his certificate. He wee
discharged by this court in 1839, awl again in 1841. He then
petitined the Court of Basikruptey In 1844, and obtained a
condi t iona 1 final order; in 1815, there was another petition, on
which little or nothing a as done, and in Dee. of Mat year he
was again discharged by this court. On the present occasion
his conddention debts were 2,8551., and his meta " nil."
He was opposed by Mr. King, a saddler, whose claim was
only 51. 17.. 6d., but which was increased to nearly 231. by
law costs. The insolvent said that the greater portion of his
delta were renewals of liabilities. His wire's income was
335/. a Tear, and his eon-in.law allowed him 3001. a year,
and his aster-in-law 1001. a year. He had kept three ser-
vants, and had had a carriage and homes. The Chief Com-
missioner asked the insolvent what explanation he had to
give for this, his ninth appearance, with the comfortable
income he poseeseed ? The insolvent pleaded renewed debts,
and added, " I have been 30 years in trouble."—Chief Com
missions?: " A fourth of that time should have taught you
caution." "It wu," he added, " a fit case for the full
exercise of the discretionary clause; and the judgment of
thecourt was, that be be discharged when he had been in
custody for six months from the vesting order."

POLICE.—SATURDAY.
MANSION•HOUSE. CHARGE OP SWINDLING,.
Lone Elkin was charged with having obtained • large
quantity of roods under false pretences. Mr. William
Keyes., ware-houseman to Mean. Baker, Tucker, and
Co., of Trump-street, stated that on the 25th of
April the prisoner came to the warehouse and said he
wanted 80 pieces or silk handkerchiefs for a shipping order
for lisniburgh. He wished to have the articles on appro-
bation to show to another party for their approval ; they
were for shipping, and those which were not returned should
be debit d to him. The articles were sent to the prisoner's
warehouse in Bucklenbury. On the 28th of April the pri-
mmer celled again, but the witness did not me him. The
witness went on Saturday to the prisoner's warehouse,
which ho found closed. He, however, received a refer-
ence to a solicitor in George-street, Mansion-house, and
I upon bolding a conversation with that party, called
upon a Mr. Pattison, in Church-passage, Westminster,
where thesolicitor said the goods had been vent for approba-
tion. The value of the goods was 691. 166.—Mr. Tacker,
one of the partners in the firm, had gone to Mr. Paulson's,
bat was unable to procure the goods.—Mr. Arthur Fran-
combe, who is also in the service of Messrs. Baker, Tucker,
sad Co. stated that on the 28th of April the prisoner called
upon Win at the warehouse, seemed to be in a hurry, and
stated that he wanted ten pieces of pink, which were re-
quired to complete his complement, being sheet of that
colour. Witness having known of the transaction of the
26thof April, and supposing the order to be part of the former
one, sent the parcel.—lnspector Woodroffe produced two
duplicates, which were found in the prisoner's pecketebook,
one of which related to ten pieces of silk handkerchiefs,
pawned on the day tha last ten pieces were obtained at
Messrs. Bs kerand Tuelter's.-13. Smith, a city policeman, said I
the prisoner was given into his custody for obtaining ;roods
under false pretences from Mr. Pollen, in St. Paul's-church-
yard. Thum were in the prisoner's pocket-book the two
duplicates previously spokes of. The ten peas of silk hand
hemidelb were in pawn for 61.—The prisoner said he bad
resolved as order 6=a Mr. Pattison, who said he had a au.
Issear kosoventy pieces, and he applied to Mews. Baker
sal Oe., sad received the goods, as had been represented,
epos approbation. He told Mr. Pattison that ft be did not
at ones glee sash, the goods could not be left with him, so
they biged to another party, and had been ;goaded upon
appeal:ado.. Mr. Partisan said if he could procure the 70
pieces recurity should be given in property which woo lying
Pichford's ; and haring given an order upon Pick6rd for
the goods, the slik handkerchiefs were given up to him.
I never," said the received the property at
Pickford's, or Mr. Baker's silks since ; but I am wilting, as
I told my solicitor, to give every awietance to Messrs. Baker
and Tacker to get bask their property. All the information
is as/ posommicsa they alkali lave."—Mr. Pullen said he had
liewarteamiled by primer to the extent of 4001.—The
petseare desist all West to defraud, and was remanded.
Bow-sTazint—RIOHWAT ROBBRRY.—Ifenry Wil-
liams, of Birmingham, was charged with being concerned
with others, not In custody, in robbing Mr. Walter Kenyon,
a solicitor. The prosecutor was passing through Trafal &r-
-aptors at an early hour in the morning, and was accosted by
two women, one of whom continued close to his side, not.
withstanding his efforts to get rid of her. Soddenly a snatch
was made at his watch, and be was seized from behind by
four men, who hustled him ,• but haring extricated himself
he gent in pursuit of one of them (the prisoner), who ran
across the square, but was stopped by a policeman. The
prosecutor then found that his watch had not been removed,
but a silver pencil-case, which bad been extracted from his
other pocket, was found on the spot where the attack was
made upon him.—George Tandy, a constable from Birming-
ham, who happened to be in the court, identified the pri.
loner as having been in custody on a charge of robbery.
The prisoner hod also been tried at Warwick for murder,
but acquitted. He then went by the name of Lockett; and
for another offence had subsequently received sentence of seven
years' transportation at the Birmingham westons, but he was
liberated after a few months' imprisonment.—The prisoner,
who denied the charge, was committed for trial.
WANTON MISAIII.T.—RonaId Farrar, who described him.
self to be the son of a gentleman residing near Carlisle, was
charged with sseaultiog Codi Outback Benbi (who said he
was there d'affaires from the court of Morocco). He ems
oa board a steamer from London-bridge to Westminster,
when the defendant rat next to him, and having used °Bon-
i strnfidl,a"ishegi:unaogytbelLpniingek.heE:nganaslisdallGn:ennytte'dian jee, who had come
Pr. akedttaithettpoartld Wofmththe

same rest, there being then several ladies between them. The
dsfendant confirmed to jeer at him, and, stretching his stick
over behind the other passengers, touched hi. turban with it
Several emcee, among whom was the eaptaia, remonstrated
with him, bat he seemed to glory is the expleit.—The defer -
dart admitted it was an impertinent trolls to have touched
the turban, but be never used the ex ' imputed to
him, and had offered to apologise.— r. Henry considered
there was not the slightest provocation for such a wanton
insult, which, in law, amounted to en assault, and the de.
fendant should be taught, by the infliction of a fine of U. or
two months' imprisonment, not to repeat such an offence.—
The fine was paid.
WESTMINSTFIL—Aw UNPROFITATLI PALINZISHIP.
—J. Clark, a labourer, was placed at the bar charged with
1 stealing 156 sovereigns, under circumstances of a rely peculiar
nature.—The prosecutrix, Sarah Truman, became ac-
quainted with the prisoner four or five years ego, and has
laved with him sine* that period as his wife. They went
into business as beershop-keepers, in Keppel-street, Chelsea,
with the prosecutrix's money, and of late having repeatedly
quarrelled, the prisoner threatened to leave her. On Friday
morning she dimovered that her box had been broken open,
and two begs of gold stoke. She questioned the prisoner,
who denied- all knowledge of it, but he wee seen twice during
that day by du ir potman with a bag of gold in his hand.
Upon inquiry, the prosecutris ascertained that the prisoner
bad, dunng her absence from home on Thursday afternoon,
driven away in a cab with two bundles, and had taken them
to Montpelier-row, linrnmenmith. On proceeding there
with a weldable, the bags, oontairang 156 sovereigns, were
found.—The accused, in answer to the charge, said that it
was so much his money as the prosecutrix's.—Mr. Burrell
said that the prisoner's connexion with the proseentsit did
not prevent her having money of her own.—The prisoner
was committed for trial.

MONEY MARKET.

SATURDAY BIIINIXO.

The effect of the Chancellor of the Exchequer's
Sueoesti explanation last evening has sot been favourable
upon funded values. The first quotations of Consols were
per cent, lower than the closing rates of yesterday. They do
mended afterwards 1 per cent. more, but left off 1 above the
lowest point of the day, at 865 to 1 for money, and 861 to / fee
time. Few transaction, of any consequence, however, wimp
entered upon to-day. Reduced Threes were &55 to I.
Three-and-a-Quarter per Cents., 871 to 5. Exchequer Bine
improved to Is. to ss. premium. Long Annuities, 8 15-16 to
9. Bank Stock, 188 to 190.
Some little business was done in foreien stocks, but at de-
pressed prices for the most part. Spanish Fives were down
to 221 to 5 ; the Threes, to 331 to 1; Passive, to 41 to 5. For.
tuguese, 34 to 5. Dutch Two-and-a-Half per Cents to 575 to
f ; the Fours, to 871 to 5. Mexican, 191 to 201. Brazilian,
82 to 4. Venezuela. 38 to 40.
The notification of the Chancellor of the Exchequer about
raising the rata of interest on Exchequer Bills to 3d. pee
diem, or say a fraction mere than 41 per cent. per annum,
has, it will be seen, only just sufficed so far to rescue them
from the discount under which they have laboured so long.
Such still remains the depression of the money
that no large amount of these securities
have been disposed of to-day at the ansilsit sate
of premium quoted, or without submitting to sdheant.
It is probable, however, that the rates were kept down by
several parcels being brought forward for sale upon the
better market created, which bad been pledged during the
'severe pressure against mosey on loan, the repayseeet
which would be required by the lenders at the prier pre-
viously agreed upon. It remains to be seen how the news of
the anluinced interest value of the bills will be understood
end acted upon by holders in the country. Should it be
viewed is the light of offering a convenient opportunity fee
tale, the Exchequer market might again be oppressed
and the rates driven to discount, so that the danger
before so threatening of considerable quantities being
marked for payment instead of renewal, when sent in
according to custom, would not be averted. But if the new
terms of interest should find favour, the bills may be sought
as an advantageous mode of investment which, as compared
with the returns yielded by the funds, they should certainly
seem to be.
But, on the other hand, the same cause which should
improve the value of Exchequer Bills must tend inve=
rather to depress the value of the funds, or prevent
improvement. Consols even so low as 86 would return is-
terest only at a fraction lees than 35 per cent., so that it
becomes a profitable operation to sell out of Mock, and buy
into Exchequer-bills rendering 41. Hs. 3d. per oust. The
depreciation of prices in the funds to-day, emerimmil
this proposed elevation of interest on Exchequer INN Will
thus be readily understood.
It appears from the Chancellor's statement that loans on '
Exchequer Bills to the extant of 170,0001. only, instead of
300,0001. as currently reported, bad been applied for at the
Bank yesterday, in pursuance of the notice that loans on
those securities would be made for the limited period of 14
days. The fact comes in confirmation so far of the opinion
expressed yesterday under this heed, that an extension of
circulation is not so muck required to meet present
exigencies, as that return of confidence which might be ex-
pected to follow upon the knowledge that the Bank was em-
powered to issue or accommodate according to the discretion
of its administrators. Money stores would be opened in
• -

various directions by such a manifestatien of 'banking 1
capacity, so that in reality the active issues of the
Bank might he little augmented, as credit thus rein-
forced would draw forth from private quarters all those
supplies, and afford those appliances, so indispensable
for the oorrection of a crisis, and the avoidance of the confla-
tion and depression of all values. The simple feet of the
discovery of some bundles of one and two pound notes in the
Bank of England in 1828, the remenet and old shopkeepers
of some one or two millions of former times, saved the Bank
from bankruptcy, and the country from an irremediable and
chaotic (*avulsion, wheal, on the avowal of Mr. Huskimon,
the Bank was within twenty-four hours of barter.
Writing from memory, and without the reports at hand,
our impression is that not one million of those notes were
called for. The country gained confidence from the Use
simply because the Bank showed confidence in its own re-
sources from adventuring upon en Issue in breach of its own
regulations. The peril of the moment was immense—the
courage of the Bank rose in proportion to confront it. The
same recourse of small notes would scarcely be available now,
for they have become too much a story of tradition, and
except with the school of inconvertible issuers are
little remembered, and would perhaps be less acceptable.
Salvation must be worked out by other means, if
possible, for property and industrial interests an ill afford to
be mode the .abject, as hitherto, of experimental theories
every half dosen years.
The Chancellor comfort, the marble with rather sanguine
assurances of a 'nisi' past, and a turn in the adverse tide of
affairs. Would it could be added that faith followed upon
his words. But the premises upon which alone be seemed
apparently to rely are but slender supports fur such a con-
clusion. An accession of 409,0001. in gold to the Bank
coffers, and the increase of banking wroammortation to the
extent, are but mites of present comfort to be set against the
prospective inevitable drain of millions of gold, and the eon-
traction of credit which must follow. Even as it is, the timid
apprehension betrayed by the Bank itself in restricting the
accommodation so sparingly offered to the brief period of 14
days, is much more likely to stimulate alarm than to quiet
it. We mut tell the Chancellor, as an organ of convictions
entertained in high mercantile and moneyed circles, that
bis emmeraging anticipations aro by no means shared In.
Thenalieentuy lull cam ill disguise the still gathering, thick-
=sestorsa Amid. The truth must be outspoken ; the food
site ell financial and human calculation at defiance.
The dealing of the Chancellor with the Liverpool deputa-
tion meets with cordial adhesion in all quarters of the City.
His advice to speculators, seeking money accommodative
to enable them to hold stocks, and oppress industry
with exorbitant prices for raw materials, warboth
pithy and pungent. "Sell your cotton if you want
the cash," was the sensible homely rejoinder to the in-
terested supplications for aid of some great capitalist
dealers with warehouses groaning under boarded at:camels-
dons of stock, whilst Lancashire spinning-mills were stop-
ping all around them from abort supplies of raw material,
end thousands of bonen bard-working operatives were
dorm out of enlelfand upon the parish. Freedom of
*months is do* and the life of commerce, hat the
risk et least sbonli borne by those who would reap all the
pude It is no pall et governmental or kinking functions
4Qesto /deft lied mean rattai It can be no legiti-
mised's sift to enact laws for the
liCrbemi alone they will regulate
tie 60nary; bees be mentioned that a Linea-
' shire /llllbowaer, and member of parileMent, wise
, was isatly premed to amosopany the. Liverpool
depaonftlo the Transary, and jean in their topmeesetations,
met tbageopert with a decided refusal. "For," said he, "oar
' interest, gee net Misdeal, but the revere. Toe want plea.
' awry 110.1111111111611.i0 leo intsta if not to raise mites &beady
too higb, whit 11/ neighbours in the counts/ are eking
their Milk and discharging their weektmeple teem the dome
impossibility of paying cotton so Web Whom min la.cbas.
selves, seeing that the prime coat of the Angie* freat Mill
costly material cannot nearly be realised." It may be added
I that, although the Lost year's cotton crop ran undoubtedly
short in the United States, so as to justify • liberal advance
in prices, yet from short-time working, and less production
of fabrics consequent, there wpm no reason to doubt that
the supply of cotton here and la America is fully eq,,al to
ray possible consumption to the end of the year, leavieff a
prebeetion of stock in remainder, 'lmposing that all the nulls 1
WWII set in motion at the rate of ten hours a day.
The Liverpool people have also their railway thane Is
hit back upon, of which masses are held in few ken& As
they have been accustomed to meta their Bowes and Mee
premium upon these securities in 00110 kvemilie lire.
they should better afford now, if mend Ar MIMMes In
them to market even at the rates of dleereet
relies. The public heretofore have been semmiled to pay
high if not exaggerated rates of premium kr Ina time of
*me ones precious, and still hereafter to be sees.
rides as was doled out to them. Upon equitaCrrdldess-
time the public are clearly entitled now, therefore, Mien
heir bargains, if not the best of the bargain. That, an
bard truths to say and worse to swallow ; but in this metro-
polis they are at least understood and acted ne. First-elan
neeratiants and produce-holders submit to 10 and 1.5 per
cast Is. upon goods, or discount upon bills, to meet their
semements said sustain their credit.
Morning Post, in the course of some otherwise well-
dilated remake in in "money market" article to-day,
states, man item of news or novelty, that the Manchester
beaks, indeed of drawing bills upon their London banking
agents es issue for their customers, have begun to pay out
" preatimeous" paper to them, that is paper they had pre-
viously received as d discounted for other parties, the advan-
tage being that the bill stamp Is thus saved to the client, who
would otherwise be charged with it if the banks were re-
quired to draw. The fact n, however, that this n no new
practice with the bauks. We can assert upon the very best
authority that the usage has obtained in the banks of that
locality tor thirty years et least. For many years past the
bill transactioes of Manchester, as compared with former

Ise / Ihr ANIIIIM.
PATiii, MAT 1
Parlosail 0219000 .. 12$1 71 i INS N /227 00 1231 ZS 1133
Pane NA Nora . .. 9/0 1116 1117 60 937 00 937 N
1 ANN 00.1 Nam .. „ NO IN NI 667 00 067 30
AOlO 300108030•2 76$ 700 770 743 76 762 73
Stramboaft et MOM .. 192 73 101 50
0100.3142900)... .. 9121 25 6;3 71 al 25 119.1 SS
110019011% . up a 01110
110000.. .... , 003 II 007 00 slo I ON si 84 SJ
Tar..., An, c 30.-/'Re Nartbavy, IN . 010e0119, 1116 . •9009N,711100,
Ns , uirt,...• Hi. 0..8,1N; 11119010. 06 ; 00 092/0, NI.

RAILWAY BILLS IN PARLIAMENT.
COMMITrEEB 01 THE COMMONS ON THE mum (San-i.
par).--Ga
preamble oer 49. EOM D.-01iNONNY (Wlslaw mad Wawa
tell:
CrAIMITTeE OP MIOMMONS ON STANDING ORDERS
( bles Etaromme).—Mambeatar and Southamptim Railway staudlag
' am Pat complied vitt.
CONNITIZIS ON RAILWAY DILLS •PIOINTID NT TIM CON-

Omer No. 4.—xisaMaTiatit sr ow. Wick.
toad, whimaat Ilamtams, Mr. Mae* NW. Ralmm—JlMMlalww them:
SOL Limbs sad lbakerall (Imgovemmat mei Ilmilk.). 29.
Sept's Oiad sial Illimebealaillallmq). 22a.
Ilialera7lk dW Imam aad UMW Sual,n).
Ommitlao la tralla ' V, at M.
Gam. No. 16.—Mt.11. Lard IL Ileasa, Mr. P.
Mamas, Ur. Ardwiras. Tara A. —Bab /dhow them ..
47. XVlClAl.ll.l66ll(Dailmalsa at Ilaawa, ha). NI. last Llamas.
ahiroZath to Ihada). ft lilassbaosir, Illbs==in...
.birg /atirezdaroaradeecitsat litalislate )'
NA Pladamt). ISL (keit
Nordin Mni= fig rid 11•014 mid
Amami Ameba lailerareaark et Met.
tlagam and Link iamb at aim). Goma Marthera
(Mimi to Marassath sad at Reaglittl. am LlaatAa). Ilmaisise to
met es lisailw, Nay I?, sit L
lbws Km M1..--Mr. Itoshask,aladrima n i, Ltd /. Itaart, Hr. Male,
lar. AVM, Mr. OWL—Bias We thaw Lain gag North
Wasters *away Oman, miss. sr Ms MEI at Itimesett's
Merest la Oa MiaalsaMsr, OM It Jostais, sod AltMaskaat). Ns
Ltiespol, Cam*, sad asatimatt lialway and likaath. le. Man.
&ease sal Itswillmwt Laws sag Instba. In Loam sad
MIR Woraera Onadirk lad Malalbed 1177,..Zi VS. lad
IsmamMr• Rama ead Pemba Mdeasita SOL M.
Miss Railway (llairlaglaa sad Rnmaltan
Ma). % 475. Lamsagemand Nada Waists (Lbso.street, Limps* Sta-
dia, Re.). Oimiaktee to most ea Mendip May 11, at
J.
Omar No 37.—Mr W. Clay, Claingia, 'ftldea.. J. LIMA Mr.
E. Lockhart, Pisa. O. ml99.bk 4.--Billie Ware
3....
them : 219. Lads emirs la (adom at Mak as. la
Va=l.). 21231.6.= sad ThlegrilmlitMalwcmibial ruii,
lIS. Leeds sad Molt Vans* *ma Mdmarby to Pes•allastsa, Is. .
E... Tarim Nadi MIMI (atereasio Inaaklll=rznatd.
latalidua). all. Tart mai IWO
pt. Ikea* Eateashea, sad Tatmdame). Oammlllas le mast ma
Teaday, May IS, at II).
01.011. No 45.—Sir 11. Lelbrebank chairman, Majse Dareslord,
for. O. Eltawllliam, Mr. Matt, Mr. Boyd.— hills War dew : 271
Edlnharati and Noakes (tmalaslad Iler, Ferry, Paatiale. tc.).
297. Fast of Ms (Daelsaleas). OK Edinhtugh ma /lath Railway
and Branchca. 4211. MII~ awl lit:ethos (IL Askow's and
Newtmewh Braasbea). OR Eathdama and Swan
laziLtrjd
Improvement). Edialierek NM Kaaba= Omsk him
to tronkrattlim Bram* be.) (No. 2). Ommallas• to mast ea Tues-
day, May la, at 1.
tlaour No. 41.—Mr. Solharom chairman, Mr. , Mr.
Ilencage, Mr. Arkwright. Mr. J. Eleathroat.—DMlstacr , ta E.
l.e. : 109.
I North 11ritialt (No. 1). US. Mitaburatt. Leith. sad Cirneton (Leith
Ettmalem). 2.59. Mahwah, WM, and Mentes (Union Canal and
cak.k.i., tawny .Innertl99). W. Pam Lothian Central. 237.
EL4nbur6b, Leath, and Oradea (Leith and Onottoa Junction). 400.