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

THE REGISTRATIONS.

CITY or LONDON.—At the sitting yesterday, Mr.
Wm. Willis, of the pariah of St. Ann, Blaekfrian, described
as residing at No. 10, Water-lane, was objected to on the
ground that he did not reside at " No. 10," but at " No. 11."
It appeared that the house was generally known as No. 10
and 11, but that the latter number had been omitted from
the list —The Revising Barrister said that as the party was
rated fen No. 10, the omission of the other number did not
constitute a sufficient reason for expunging the name. It
was accordingly retained. Under the head of " St.
Christopher Le Stock" it appeared that a general impression
had prevailed that the whole of the houses had been absorbed
by the erection of the Royal Exchange. It turned out,
however, that two or three small ones still remained, and for
these certain parties claimed to be registered. There being
no list prepared for the reception of names the Revising Bar-
rister said he had no apparent means of allowing the claims
if proved to be in themselves valid. The result of the day's
revision was aa follows:—liberal claims, allowed, 18, dis-
allowed 15; conservative, allowed 1, disallowed 13; liberal
objections sustained 41, failed 40 ; conservative sustained 46,
failed 28. Objections by both parties sustained 27, failed 3.
The court will proceed to-day with the wards of Cheap,
Cordwainer and Dowgate, and Cripplegate- within.
MIDDLESEX.—The barrister yesterday held his
court at the New Globe Tavern, Mile-end, and disposed of
the lists for the parishes of Bromley, Poplar, Limehouse,
Itatcliff, Shadwell, St. George's, Whiteehapel, Wapping,
hide-end Old sad New Towns, Tower, Trinity, Miseries,
St. Botolph Without, St. Peter ad Vincula, Stratford, and
Bow. In the St. George's list Kemal new claims were ob-
jected to by Mr. Payne. On the first being called on—that
of a Mr. Ashcroft, of York-street, Cevent-garden, whose al-
leged qualification was a share in certain freehold houses—
Mr. James questioned the validity of the notice of objection,
on the ground that the residence of the objector was insuffi-
ciently described. The address given was 9, Park-place.
Hackney-fields. There was no such place as Hackney-fields
now, but there were three Park-places in the neighbourhood
of Hackney, Haggerstone, and Shorediteh. He and others
had made diligent inquiry. and found that the objector really
resided in Park-plaoe, Shoreditch. In the case of " Woollat
and Davis" the court had held that " the Oaks" was not a
sealekst daseription of residence to entitle the banister to
take aphelia et the objection ; and in the present case, no
lode at imaiy Wig stated, the description was not suffi-
itglexplkit to enable the claimant to find the objector.—
ayne contended that the description was sufficient.
Letters by poet reached the objector in due course when ad-
dressed in accordance with the notice. Though Hackney-
fields were built over, they were still known as Hack-
ney.fields, in the same way as the parish of St. Giles,
though densely housed, was known as St. Giles in the Fields.
The barrister decided that the notice of objection was in-
valid, but on the ground that the county in which the ob-
jector resided, was not stated. This decision disposes of all
the objections put forward by the conservatives for the pre-
snit revision. The court will sit to-day at the Green Man,
Bethnal-green.

GENERAL PENSION SOCIETY.—A general meeting
of subscriben to this valuable charity was held yesterday at
the London Tavern, for the purpose of electing four pen-
sioners. The Right Hon. Viscount Lake in the chair. The
directors state that they hope to be able, before long, to an-
nounce that the paymenta to the pensioners are increased to
their maximum amount, namely, 11. lls. for man, and
11. 2a. for women. The following are the names of the
sucemsful candidates, with the numbers who polled for each
Henry Thomas, Andrew Waterston, Elisabeth H. Simpson,
Mary Hooper Arnold.

- -
DISPENSARY FOR CONSUMPTION AND DISEASES
Or THE Curar.—The first general meeting of the sup-
porters of this institution was held yesterday at the offices,
Margaret-street. Regent-street, to approve the plan for the
management of the institution, as prepared by the sub-cont-
=Ate', acid to authorise the necessary 'taps for carrying it
on. W. 8. Featherstone, Esq., presided. Mr. W. T. Hud-
son, the honorary secretary, read a report, from which it ap-
peared that the present institution had been projected in
consequence of the Hospital for Consumtion at Brompton
harm ( abandoned their branch in Great Marlborough-stmt.
It had been set on foot in February I'4, when subscriptions
were entered into and rules wore drawn up. In May the

house in Margaret-street was taken gam tted
dot the purposes of the dispensary. The amount
of subscriptions we. 1611. 12e. Mr. F. 0. P. Neuon
moved the adoption of the report. He expressed his be-
lief that the institution would prove a most valuable one,
Of the necessity for it no doubt could exist, as one-third of
the whole of the deaths in London, of persons between 60
and 60 years of age, were ascribable to consumption. Per
the treatment of this disease, a dispensary was more fitted
than a hospital, as in the prolonged preliminary stages of the
disease, the patients were seldom invalided. The present
institution would be a valuable boon to the working classes,
great numbers of whom were located in the immediate
neighbourhood. It was not intended as a rival to the hoe.
pitel at Brompton, but rather as as auxiliary and extension
of that institution.—Mr. Hey seconded the resolution, which
was unanimously agreed to.—Dr. Hastings and Dr. %veleta
were appointed physicians to the dispensary; Mr. Ferguson,
consulting surgeon; and Mr. Hudson, surgeon. A commit-
tee, consisting of 21 gentlemen, was then elected. Mr. A, R.
Johnson was appointed treasurer, and Mr. W. T. Hudson
re.accepted the office of honorary secretary. Mr. A. Howard
and Mr. W. Nelson were:appointed auditors. Thanks were
then voted to the general committee.—Mr. Hay, one of the
committee, in acknowledgment, said there was ample room
for two or three institutions such as this ; so that there could
be nothing like rivalry between this institution and the
hospital at Brompton. So far from that being the case, the
secretary of the last-named institution had offered to sub-
scribe to this, if it was found to answer well. The subserip.
tion list showed that this dispensary had made a good be-
ginning, and he hoped its success was beyond a doubt.
Should the subscriptions increase as it was hoped they would,
it might become a question whether they would admit in.
patients, as the demand on the Brompton hospital was ex-
treme.—A vote of thanks to the chairman terminated the
proceedings.
TILE SANITARLANS OF ST. ANDREW'S, ii01.1301tte,...
Yesterday • meeting of the inhabitants of the united parishes
of St. Andrew and Si. George-the-Martyr, Holborn, and who
wish to advocate the establishment of baths and wash-houses
in that denselv-populated district, took place at the private
residence of .fohn Robert Taylor, Esq., in Bed Lion-square.
—Mr. Stephen Pearson, the churchwarden of the district, on
taking the chair, observed that he was extremely gratified to
find that the reablution of establishing baths and wash-
houses in the parish had not fallen to the ground by the
minority which followed the poll demanded on the 10th of
August last ; indeed, that temporary defect had rather
stimulated the efforts of the supporters of the charitable
object so far as to lead to an unshaken conviction that, before
loeg, the benerolent work would be carried out to
the fullest extent, notwithstanding the ownition of a
party who were truly described in the Duily Nevi en
the 13th of August last in the following terms, is
allusion to the poll which had just terminated
Those who voted en this poll were, probable, persona of the middle
elms ; few among them likely to feel or suffer from the want which
the proposed baths and washhouses are intended to supply. As the
originnl expense mast come out of their packeta, or at least be risked
on ilium security, they ect the proposal. They do not think, for ■
moment, of the thousands of poor, neglected, netofuloisi inhabited,
of the district ; unclean for want of water, either wearing the tame
rags, week alter week, because they have no room or woven:cum fee
lambing them, or with their miserable rooms made yet More [him:-
robin by the steam of wet clothes, and encumbered with water.ressel
and washing-tub, when already too erowskd for dcoency or hcaal.
This elms is both actually and virtually unrepresented under our
present parochial system of government. The tmiy official aho comes
Into contact with them is the relieving officer, the workhouse master,
or the poor-law guard.. When the pear man comes on the parish,
the Rosh recognises his existence and his wants. Until then It
refugee to be troubled with him. It forgets, meanwhile, the mono.
mica) effect of is sordid and disgraceful neglect. Want of rducatim
and failure of health are the great morons from which the workhouse
is filled. The parish grumblingly pays its poor.ratts, when it might
cut off the drain by taking the stream lower down. St. Georgedha.
Martyr, and St. Andrew, Holborn-above-liars, are types of a class
too nUMerstil among the parishes of England. They are prune wigs
and pound foolish. They grudge the penny for a bath or • school,
and thereby do their beet to perpetuate the pound for a rate.

In the leading article which he had just quoted the Daily
NC/01 had most nobly supported the establishment of baths
and wash-houses, and he believed that article had convinced
many of the parishioners of the absolute aecensity e their
adoption. Several hundred copies of the Doily News of
that date were distributed in the parish, and in addition the
leader was reprinted in a circular form, so that he believed
every inhabitant of that populous district had read it, and
many, he (Mr. Pearson) felt assured, had perceived the
truth of the observations contained therein. The worthy
chairman, after very eloquently dwehing upon the numerous
scenes of dirt and poverty which daily came under his notice
within the boundaries of the united parishes, and which, he
believed, might be greatly mitigated by the establishment of
baths and wash.houses,ooncluded by earnestly wishing every
success to the project, which had already met with the sup-
port of a very numerous portion of the inhabitants of the
extensive parishes with which it was connected.—Mr. Taylor
said he was most happy to observe such a spirit of unanimity
among those who could alone be looked up to fur support in
the carrying out of so necessary an object. His only wish
was to bring comfort and happiness to the poor man's home;
and, in advocating the 3reat principle of the erection of
baths and wash-houses, he felt, in common with many others,
that he was but performing a Christian duty. It was a fact
that nearly eighty summonses had already been issued
against resident individuals of the united parishes for suffer-
ing accumulations of filth, such as dust and dung heaps,
overcharged cesspools, &c., to poison the air of the surround-
ing neighbourhood. He (Mr. Taylor) was determined to go
on with his project, conscious as he was that all men who had
the welfare of their fellow-creatures at heart would cordiaPy
support him—The meeting having been addressed by several
other gentlemen, a resolution was passed for the immediate
calling of another meeting for the carrying out of the object
of establishing baths and wash-houses in the united parishes
of St. George the-Martyr and St. Andrew-above.llan,
Holborn.

CO-OPERATIVE LEAGUL—A tea-party and soiri",e to
promote the objects of this society, took place last evening at
the Central Hall, King's Arms-yard, Snow-bill, Mr. W.
Howitt in the chair. The room was tolerably well filled, a
large number of the company being females, and several
speeches were delivered in furtherance of the views of the
lecgue, which, in their own words, are to " supersede sel-
fishness by universality—undue restraint by full individue
liberty—antagonism by peace—competition by brotherly
love , and thus a state of existence may arise founded on the
principles of wisdom and goodness, yielding its fruit in the
happiness of every member of the human family." The fol-
lowing resolutions were adopted :
Moved by the Rev. A. Raynrt, seconded by Mr. Goodwyn Hamby :
Co-operation a human brotherhood. May the present disastrons
state of the commercial world, brought about by the competitive
modes of life, lead men to perceive that anarchy and confusion moot
be continually recurring where antagonism and individual intermix
are allowed to exist--Moved by Mr. Jameson, seconded by Mr.
Alexander Campbell Monetary reform. May the people
speedily exert themselves to devise and adopt a currency
that shall pewee the quality of being unchangeable in Its
value, and coextensive with the exchangeable wealth of the nation—
Moved by Mr. Walter Cooper, whoxided by Mr. Roberts : "Our co-
operative brethren in America and other parts of the world. May the
offers recently made by the friends of co-operation at Cincinnati be
the corturneneement of a eerie* of exchanges carried on in the spirit of
brotherhood between the different nations of the earth, burying ln
oblivion the batik spirit of rivalry which hoe hitherto existed, and
leaving men to recognise the beautiful privileges of universal lose
and goodwill."

NOVEL STREET CAB.—Yesterday several Talkies
named " fieptibus Victoria Cabs," made their appearance in
the thoroughfares of the metropolis. They ilek very mach
like an omnibus in miniature, the entrance being at the back,
with seats and windows at the side ; they run upon four
wheel', are drawn by one horse, six persons can ride inside
and one out ; they charge the same fare as the other descrip-
tion of cabs.

MONETARY CRIBIB.—A SUGGESTION.—Sire—WiII
you allow me, through the mediudt of your widely circulated
paper, to suggeet in a few lines the sketch of • bold and im-
mediate applicable remedy for the present crisis, when trade
and commerce are nearly at a stand, or must soon come to
one, if this fearful monetary stringency continues ? Some-
thing must be done, and what is it to be ? If merchants,
and factors, and manufacturers are to stop, millions to whom
they give employment either directly or indirectly will
have no earnings, and misery and confusion will spread and
increase. What, then, can be done to meet the evil? The
only remedy appears to be at present • free circulation if
money, and that immediately. We have no time to wait
till parliament assembles, to discuss, amend, or repeal the
Bank Act of 1844, or until the anti-gold-league succeeds in
its plans. We want immediate resources—how can they be
achieved ? When the tradesman cannot get his trade bills
discounted his trade must cease ; when respectable middle-
class merchants cannot sell their bills on 'change the com-
merce of the country is at an end. Go to the banks. They
will and can discount first-class bills only. They do not
doubt the ultimate security of • middle-class bill, with
drawer and acceptor, and one or more endorsers, but they
cannot give you money for it. The discounters have no
money for that class of bills, and the consequence is ruinous
to trade and commerce. Let me suggest, therefore, that the
people—the middle classes--help themselves in this dilemma,
and unite for mutual assistance in opening immediately a
universal commercial association. Let every one pay dowel
11., for which certificates shall be given, which certificates
may be used as securities, or where even as • medium of
circulation, by which the capital will be doubled. Let these
certificates bear 5 per cent. interest (or in coupons of 6d. for
eta months), the capital so brought together to assist iu mem-
bers only, and not to interfere with any existing establishment.
The capita/ to be used in discounting bond fide trade bills,
and making temporary loans on good, safe, and available se-
entities, dock warrants, staple commodities, &c. Suck an
association can be formed and be in work in a few days after
this suggestion finds favour with the public. One pound
paid down, with no calla and no liabilities, may bring a
capital together large enough to assist, to some extent, the
bona fide trade and commerce ; and, with a prudent
ment, may in • little while increase and work benefit:ll7C
even the higher mercantile undertakings. I have been de-
sired ,to give this proposal some publicity. Your readers
may consider the propriety of such an association, and whe-
ther they will more or less participate in its formation, and
assist either with one pound or one hundred pounds, as the
may feel inclined. Whether this proposal be considered
practicable, and whether it may be adopted or rejected, it
may lead to some other proposal, better adapted to the wants
of the great commercial body of this country, who labour
under daily difficulties, which, I believe, can soon be reme-
died by such a union of strength through small means as
an association of this kind would effect. I throw out this
suggestion in the hope that it may call attention to some
mode of relieving the present severe preemie, and enabling
tradesmen and others to get their regular business trans-
acted.—A. B. 6, Walhrook, Oct. 4.
' SINGULAR CAUSE OF SIIIPWRECK.—Yeaterday in-
telligence reached Lloyd's that the schooner Msric An-
toinette, Vincent Latribourt, master, bound from the Isle
du Nord to Neath, had been wrecked on the Cornel Seed,
near Pimbury, in Carmarthen Bey ; the vessel was boarded
by a pilot, but he could not speak 1. tench, and the muter of
the Marie Antoinette was totally unacquainted with English
hence they were unable to communicate, and the French
skipper shaped a course for Golden Island with the above
result.

I

N.

brfttriSTS, YISTERDAT.-DEATH PROM IMPURE
nefore Mr. Baker, at the Grundy Arms, Grundy-
...a, Poplar, on view of the body of Ilene Hogg, six
.ems' and nine months old, who died from the effects of
eir arising from an open undrained ditch. The de-
ret:i liyad m prospect-place, Grundy-street, with her
paw, seer which was an open ditch, which hail not been
aimed for years, and from which was constantly emitted a
wet nauseous effluvium, in consequence of which cases of fever I
were frequently oecurrina. Deceased had been occasionally '
operant(' front en Intermittent fever for eight months. Last
Thereday while playing by the side of the ditch, she was
widdenly seized with a fit, from which she never recovered.
nba was attended by Mr. Ellison, a surgeon, who was of
pinion that her recovery from the fever was prevented by
°the impure state of the atmosphere, the effect of the want of
drainage. and that her death was probably promoted by it.
Verdict, " Natural death." The jury observed that some
wprevetatMn ought to be made to the parish authorities, in
pace/nee to the state of the ditch, when the coroner said he
world write to the board of guardians of the Poplar Union. i
_—Tun EXPLORION or FIREWORKE.—Loss or Two'
elves. —Before Mr. W. Payne, at Guy's Hospital, touching
the ropertive deaths of R. Mordey, aged 14, and E. yin-
cent, ned 12, who lost their lives at the late explosion in
Blackfriers, road.—Amelia Hammond. of No. 64, Little
sony.street, Blackfrian-road, deposed—that the deceased
'woes were in the employ of Mr. G. Mordey, who occupied
the beck room on the ground-floor. When he took the
aoe he slid he was a cabinet-maker, and worked in the
%Vestminster.road. Witness was not aware that they were
making fireworks until a few days ago, when she gave them
warning to leave. Witness had heard the boys playing with
small fireworks, and ordered them to desist. On Friday
evening, about half-put five o'clock, witness was alarmed by
hearing a loud explosion, and upon reaching the passage she
saw the boy Morley running into the street enveloped in a
body of fire. The other boy had made his escape at the
rear of the house. The man Mordey had likewise reached
the front of the house. Witness and other persons after-
wards examined the apartment, and found the window and
partition blown to pieces and very much burnt.—T. Ham-
mond. the husband of the last witness, stated that, on
Tuesday last, be found they were making squib cases.
A great quantity. of paper was lying about. After
the explosion, witness searched the place, and found
some squibs and crackers in the table-drawer, and a
portion of guepowder weighing three quarters of a pound
which had been placed under a quartem loaf on the aide-
board.—J. Wheeler, a lodger, said he had often seen them
engaged in making up something with paper, but never knew
what the same was for. Witness had never spoken to the
landlord, as he did not apprehend any danger.—T. Gray,
another Ildger, stated that he was in the house at the time
of the explosion, and directly afterwards was compelled to
leap out of the window with his child in his arms, followed
by his wife. Witness and his wife made their escape by the
waver, where he saw the injured persons running about in
the front of the house in great pain. Witness bad seen Mr.
Mordey often discharge fireworks in the yard. Oa Thurs-
day afternoon last, Mr. Mordey let off two Inrge 'guiles and
some gunpowder from the window-sill. Witness had told
Mr. Manley he ought to be ashamed of himself to let the
fireworks off in such a place. Witness's wife was lying in a
dangerous state from the injuries received by jumping from
the window.—By a juror Witness had never made any
compleiut to the landlord, although he thought there was
considerable danger.—Another lodger deposed that he
had seen the man Mordey and the two boys em-
ployed for the last six weeks in making fireworks and
bad seen them discharge fireworks on several occasion.—W.
Murder, of No. 30. Joiner-street, Westminster road, the
tether George Morley, said he saw his eon, who occupied
the said room, eooa after the accident at the hospital, and
when he asked George how the occurrence took place, he
replied, "Oh, father, it is my fault, and no other person is to
Ware." He subsequently added, "I was drying some of
them on the hob of the grate, when they exploded."—Other
witnesses having been examined at great length corrobora-
tive of the above taco, Mr. Roper, the house surgeon,
stated that the boy Mordey expired on Saturday from the
immediate effects of the burns, and the other at four o'clock
yesterday morning from a similar cause, which appeared to
have teen occasioned by an explosion of gunpowder.—
The Coroner gummed up, at great length, lied the jury
unanimously returned a verdict of " Manslaughter " against
George Murder, who at present remains aa inmate of the
hospital from the injuries he sustained.

CURRENCY REFORM.
BIRMINGHAM, MONDAY EVENING.—This eyenir,
&meeting, convened by the Currency Association' lately
established in the town, was held at Dee's Royal Hotel, for
the purpose of considering the best course to be pursued to
secure the early and effectual attention of the new House of
Commois tothe engrossing question of the currency. Mr.
R. Martineau, the mayor, took the chair. There has long
existed in Birmingham a hostility to the Currency Bill of
1819, but on no occasion has it exhibited itself in • combined
tons, or by a union of parties, irrespective of political
feeling.
At six o'clock, the hour for which the meeting was sum.
mooed, there were comparatively few present; but the
snemblage up to eight o'clock, the hour at which we write,
war very numerous.
There were present Mr. Munn, M.P.. and Mr. &hole-
tleld, M.P., members for the borough; Messrs. Newdegate
and Spooner, members for the northern division of the
county, and others, who spoke to the following resolutions
That the existing depression of trade and commerce, an evidenced
by the numerous fallen", of house. of undoubted solvency, Is attribut-
able to the restrictive and unsound monetary system established by
the acts of 1819 and 1814, which Injlorioualy Interfere with all roe,
ruble engagements, rendering the same souse of action which to at
me time prudent and secure, at another time entirely ruinous. That
a single deficient barer would not have affected materially the great
Interests of the nor ma, bad not the evil of mareity of food bre
aggravated by r ark/el scarcity of money, producing •
breed and unreatori derealation In the values of arra-
ries and ors , rd • sodden and extreme increase in the
rate of interest. mat to Mo withdrawal of the mod
tacilincs from parties capes estate estate Important bronelserfa=
and commerce, at dm Ilannegnegg rmitetion in the dammed for
lakoar. That • resnatery mem =deb nermiugy brake down
ender the egeeta of a hulled ispeirmen of geed for the asedful
sopply of food, reductor kom web sem a par= desimmeat of
trade and carmeree, and am arms= degeoleti= in the Mein of
property and eammoditin, tbr firmly • surcor oder-
woe like that of • bad barest, la rime In prinetple and dernetive
to it. operate to the well-being of the community.
That the engemies now being ned to mislead the public es to the
Mete if the impenttlten of wan= in railway works and other ander-
trap of • nermid deseerm eel to withdraw tbe attention of the
tommelle and trading stem as the NM evils under which they
art wow, or ohm sore elkolort, a=m only be taken as an
endow thit, he Se geseekpeddis ef Se country, the monetary
edam are re armed Ss prellerm avaployMent and mainta-
in= eft. pesiellem =term glee MI. =its bis meeting, justified
b 1 is stir
NMI/ of re Bora essikey, thee country, so long
ea is eineensge end bribe ere sit Emit. by unmoor
wry wassituy reseteleennl ehie ft bear en expenditure equal
term nig*. he I. dreg works, inasmuch ea
an lel= bcem =OM efs
_illemneinmed, a much larger ex.
elgrgillgell • arritol war,- rd brother purport not
alblaime repeermetem =et the assiory expenditure for
Se M.G. metlesed, ider meth deliberation, by
putiamm, Ine led to the et a imit mount of labour to
various parse el Se United eel te • smemeent demand
for provider sod manotatired Mirka; add dot ere ecooplainta of
the pryers el =Nay cells win men Me the sine= business of
the nation wee soddenly wet rmMeeM Me
by Ihe re.trictive
accretions of the Bank of Work mimed arms. by the pron-
oun of the acts of 1819 sod 1144. ll= Me =me reelsisilre mem►
ry policy has been attended wigs the more drmenes acemoneet
a former years, when no expenditure kr 1 german wee pm
ending ; and that, althouph to earbilo rasa tits swimming of brie
maw of nom forporueular MEM My teed tostwe W. 1.127
twiewelisem the eft under which the eeenby le at pmeet ender.
Ihr, be idellseed le ealy • rely UM= =Uwe ene to&
=ellirminael= dillZlrmeg= hem saM a= =pert-
..

net ttle the thlllmeas 'haft Gehl wesegsgtMt theimouttve
ismouft MB hem a mime wftessithily =hem they at awe
Mime eft miry Ye elbst ems Iftionsy messom aftoleted to
mem the mmelsry meet aft the emilt et he lift of&
▪ daha, mil lift to Mew* the emofteeht eft dims.
Mier aft alleftwo heft Ism elisamt k haws prods of
extreme Wisest denser and dishy i SM that them lea been no
mewed duns, the last fifty yews adman la mil/ win more trope-
Mftely required than It is at WY efts. net the dommil for labour
a rapidly dloainisidave to the emmlefteleg Ohba ; and that it
• be euremely denser Swam es sesta* them emsmilessew
mach have Imo aimody odium& to fteohnee el the gevemmeft.
with the view of them to gainne the Wl= Lea the
**no eats Mild' we.O Yew the gioseel seupeolles of eft
That Nosiest.
whil• as ssions et rim we e 5 dm n-
om tire m &hew Midi thermaktim
low oadmissmod mo
awl to met Ma ewe eadom eiressftes
left beg hinseeemd, Is Issereft tisk Ihe
tithe oosatewslasald sediese a Kr aft ownlift =7.l=
marineee Mahe Dome et Otessms. The hvesiiiseaWft hyhis
o the& ter aediately ft the aft=t="ste
irwmid
Caru2 *get war 'wk.
That such as abeiftly Mesa ew that the
Waelpie of efteelion to meths iftseley homeheadoesdood sew
the demo Mime Oft the isesteta of all em
the Maw sad 'roller it eft day he pommeled, scored by the
seablebssit etemmt ifthemy mean. se in ft maration et
relalsig sal islorlig the mash& eft ftelbs tresoottoss ot
he eft% eft etheihol to premit IMMO oft diftpwous
isloathea... Medi see the agora eft isislialth resift et the mist-
eossithe of the filming's= Currency Rehm AMC.
*ft be remand to sisiftoicate the krewoing re.lutlass to her
ttetißialdan, and le lbew.urd copies of the Mar to the mem-
lboth Mew et paellomft.
The late hear at mid& the meeting was held renders it
istposible to tarnish a report of the speeches to-day.

DECREE OF THE EMPEROR OF RUSSIA,
For investing 4,600,0001. in the English and French
hands, thus causing this amount of bullion to be sent from
Bassin to England and France, and affording immediate
relief to monetary difficulties which existed, but enabling the
Emperor of Russia to renew those difficulties, by selling the
Rock thus purchased, and drawing the 4,600,0001. of gold
lad laser back to Russia.
The following is the ukase of his Imperial Majesty
the Autocrat of All the Rassita, regarding the finances
of that country: "By command of his imperial majesty,
the directing senate heard the report of the Minister
of Finance of the let of April, under: o. 2,035, in which he
Memo for due pnblicatien a minute confirmed by his
penal Majesty of the 31st of March last, containing the
of the Council of the Empire to the following effect
sus Council of the Empire, in the department of economy
sod in general assembly, having examined the statement
of the Minister of Finance, relative to the laying aside.
Olt of the bullion capital of the department of ' credit
billets,' of a sum of 30,000,000 of silver rubles, or 4,600,0001.
for the purchase of public securities, and acknowledging for
*own part the utility of this step, because it appears a con-
venient and promising means of extracting out of the ins-
maim bullion fund (more thaii 114,000,000 of silver
rubles, or nearly 20,000,000!. sterling), hitherto dormant,
important advantages fur the empire, foresees no obstacle to
thee:loom of it, on the sole condition that the said advan-
Inist be applied exclusively to the extinction of the mi-
sts rhhts of the empire. From this point of view the mew
flue offers the following results :

" 1. That the bullion capital, in its flied amount, Lin no
respect diminished, but only a portion of the coin in it re-
placed by securities equslly solid and valuable, and which,
moreover, bring in a constant income, end enjoy univoreel
credit through Europe.
"2. The quantity of 00i11 of our bullion capital, after
setting aside the part appropriated to the purchase of securi.
ties, is still so enormous, that, judging by our experience
and that of ' foreign banks,' it cannot but be deemed ala-
i:ant for the uninterrupted conversion of the billets de
credit r but even should a necessity arise for the increase of
the gitentliy of coir. al the ' bullion market,' then the aline- ,
said securities offer thereto every convenience, bi find)
sale of the same for cub.
"3. The use of the advantages which may accrue from
such an operation being exclusively applicable to the ex-
tinction of the debts of the empire,' promises to the govern-
ment nets means for the satisfaction of its engagements, and,
consequently, a corresponding alleviation of the national
burdens."

Considering these things, the council of the empire has
given its opinion as follows :
" From the separate capital fixed by the 7th and 17th
paragraphs of the' imperial manifesto' of the Ist of June,
1343, for the conversion of the ' billet, de credit' into cash,
• sum should be set apart to the extent of 30,000,000 of
silver rubles, or 4,600,0001., for the gradual purchase of
public securities, Russian and foreign, here and abroad.
" 2. These securities, as they are bought, are to be
reckoned as belonging to the said capital, at the value paid
for them, and are to be preserved together with the ready
money.
" 3. The interest or ` rentes' of these funds, accruing
from these securities, and, in fine, all the profits of the opera-
tion, should be devoted to the extinction of the foreign and
interminable debts of the empire; but in the event of the
purchased securities falling two or three per cent. below the
price at which they were purchased, a portion of the said
dividends, or ' rentes,' is to be reckoned to the account of
the bullion capital, till it equals the money laid out, using
for the extinction of the debts of the empire only the residue.
"4. lf, for the conversion of the ' billets de credit,' a ne-
cessity should be foreseen for the increase of the quantity of
coin, then the purchased securities are to be immediately con-
verted into cash, by sales of the purchased funds on the ex-
changes of Europe.
"5. But if, at the sale of any part of these securities, or
the redemption of them by drawing out, a smaller sum
should be realised than that at which Ith,7 were estimated,
then the deficiency is to be made good from the accruing
dividends ; and, if these be insufficient, out of the Imperial
Treasury.
" (Signed) for the President of the Council,
" COUNT SOWABCHOFF.

" The original signed by his Imperial lbJaty.
" St. Petersburg, March 31, 1847."
NOTE.—By the foregoing agreement and decree it will be
seen that the Emperor of Russia has relieved for a time the
pressure for money, by sending gold and silver to the
amount altogether of about 6,600,000 of pounds
sterling—that is to say two millions in the first
instance, then 4,600,000!. to purchase stock. ;When-
ever the Emperor of Russia may require this money,
or may choose to demand it, he may at any time
sell the 6,600,0001. of stock, and thus obe.un and take back
to Russia the 6,600,0001. of gold and silver which gave re-
lief; and it will be noticed the decree expressly contemplates
this recall of the gold and silver. It will be seen that the
whole commercial community is thus exposed to be at any
time subjected to the calamities which the withdrawal of
this amount of bullion must necessarily occasion, if, indeed,
that amount could be supplied without a general convuLion
and crisis. Providential it will indeed be if these extra.
ordinary occurrences should lead us, as they ought to do, to
see in the clearest possible manner the folly and fallacy of •
system which makes not only the prosperity, but almost
the very existence, of our commercial operations dependent
on a currency subject to such contingencies. Consider what
has passed within the last few years. In 1839 the Bank of
England was compelled to borrow two millions of bullion
from the Bank of France, in order to restore its treasons,
which had become low, and endangered the mainte-
nance of the system of cash payments. In 1846 the Bank
of France in its turn became in danger, and applied to the
Bank of England to return its former kindness by a like
loan of bullion. But the situation of the Bank of England
itself, notwithstanding the gratitude which was duo
to the Bank of France for the former favour,
could not_afford the accommodation required, and the

Bank of France at last obtained • loan from Messrs.
Baring, which was repaid by the Bank of France with
the money procured from the Emperor of Russia. The
Beak of France then being in the most urgent want of
bullion, the Bank of England, front the system under which
it is compelled to act, was unable, as above shown, to help
the Bank of France; and the Bank of France sought, and
obtained, that aid from private individuals which our system
prevented the Bank of England, though possessing more
than ten millions of bullion, from affording. What a con-
dition is this to contemplate, and what ideas is it calculated
to inspire of the foundation upon whizh the whole system
of the circulation has been placed, and the interests
and property of the people, made dependent by modern
legislation ! Once more look at this strange state of things.
The Bank of England requiring aid from the Bank of France
in 1839, the Bank of France craving assistance front the
Bank of England in 1846, the Bank of England unable to
give assistance, and in 1847 obliged to limit its own circula-
tion to such an eatent as to cause and threaten the most seri-
ous danger ; and the Emperor of Russia interposing to afford
that succour, without which it is difficult to say what the re-
sult would have been either in France or England. And
the amount which gave relief may be withdrawn whenever
it may please the Emperor of Russia, on whom the whole
credit and power of the country are thus made dependent.
Can a system subject to such hazardous, it may be said to
such disgraceful, contingencies, be tolerated any longer ?
Suppose the inclination or the interest of the Emperor of
Russia should lead him to desire to increase rather than to
relieve the difficulties that menace us. Are not the credit
and the commercial interests of the whole empire at his
mercy? Be it remembered that the amount which the Em•
peror of Russia has invested in the French and English
funds, and may withdraw whenever he shall think fit, is
shown by the above documents to be no less than 6,600,0001.
sterling. And this system, which has not only rendered the
credit and commerce of the country liable to be affected in
the most severe manner by the ordinary vicissitudes of human
affairs, but further plated them at the mercy of a foreign
power, has not even accomplished that which was said to be
the most important object—namely, the convertibility of our
paper circulation into gold.—From the Bankers' Credit.