The Express.
London, England, 1847-01-22 00:00:00

POLICE. v
-.FSTFIDAT.

MARYLEBONE.—TfIa POOR-Mix.—The sitting magis-
trate, Mr. Long, received from " %V. 8." 21. for the poor-box.
SOUT WARK.—Rseev e.—Denis Stelliran,John Mor-
ris, Joseph Callaghan, Philip Cossud, and Robert Scully
were brought up un remand before Mr. Seeker, charged with
committing violent assaults and wounding several policemen,
in effecting ttlb rescue of a prisoner, since transported for
felony. The prisoners formed part of a gang of men who
attacked and maltreated several policemen in their at'empt
to take a man named Witty into custody. It appesred that
Witty had entered the shop of a widow in Gravel-lane, and
plundered her of a quantity of cigars. Policeman 134 M,
having been informed of the robbery, went to the Tailors'
Arms, in Gravel-lane, accom?anied by the widow, and she
pointed out the thief from amongst the prisoners and several
other men, who were sitting drinking in the taproom. The
policeman accordingly desired Witty to come to the stations
house with bim, hut he refused, awl the prisoners stood up
and expressed their determination not to allow him to be
taken into custody. Policeman 134 M finding it was useless
for him to attempt single-handed to secure the man he
wanted, left the house for further assistance, and soon re-
turned with • pollcesserjeant and policeman Weharda, 34
M, and they re-entered the room, and with difficulty
dragged Witty out of the house. The moment, how-
ever, they got him into the strec', they were attacked
by the prisoners, who, for the purpose of efficting his
rescue, commenced a most violent onslaught on the police,
attacking them with pewter pots awl brickbats. Policeman
34 M, who held Witty by the collar, was compelled to let go
his hold in consequence of being struck on the forehead with
a brick, which inflicted a serious wound, and rendered him
insensible, in which state he was obliged to be conveyed to
the hospital. The other policemen were also attacked in the
most furious manner, and compelled to suffer their prisoner
to make his esape at the tim The four men at the bar
were now identified as the ringleaders in the outrage, but
escaped at the time ; being, however, will known to the
police, they were subsequently taken into custody on the
present charge.—The prisoners were committed for trial.
WORSIIIP CAA. or Frames DIMINO reported
yesterday, has elicited a letter from Me. William 'Thomas Spencer,
surgeon, of 23, Net race, Stoke Newington, in which he desires
as to inform our readers that he is mit the John Spencer, surgeon,
also of Nelson-terrace, Stoke Newington, who was the delinquent

MONEY MARKET.

THURSDAY Erzwuto .

The stock market was somewhat reassured this
morning by the quiet tone for the most part of the pro-
ceedings in parliament yesterday and the day before. Con-
sole began with a firm appearance at 911 to 2, and were done
at 92. But the report spread subsequently of the intention
at the Bank to increase the rate of interest, which was fol-
lowed by a decline of prices to 911. After various fluctuations
Consols closed at 911 to 1 for money, and for time 911 to 1.
Reduced Threes left off at 9.T. Three-and-a-Quarter per
Cents., 931 to 1. The government broker took 10,0001.
Reduced Threes for the national debt, and4,oool 31 percents.
for the savings hanks. Exchequer bills ss. to Bs. pm. ; Long
Annuities, 9 11-16:h to I. India Bonds, Bs. to 12a. pm.
Bank Stock, 205 to 208. India Stock, 2501 to 21,
At two o'clock the following notice was posted at the
Bank:
. . . . .

" The minimum rate of interest on bills discounted at the
Bank of England, not having more than 95 days to run, is 4
per cent.—January 21, 1817."
There appears something like precipitancy in this coons of
proceeding. Last week only the rate of interest was ad-
vanced, and now without any allowance of breathing time
we have a second advance. It is quite clear that the
whole rise TM determined upon at the board
meeting last week, and no substantial or even
plausible reason presents itself why the rate of in-
crease should be fractionally divided into instalments of I per
cent. each. The more direct and satisfactory course should
have been, as in the case of the Bank of France, to have
raised the rate 1 per cent at once. The public were quite
prepared for a 4 per cent. rate, and under this head it was
stated explicitly last week cs the expression of public opi-
nion, that the rate could not remain long at 34 per cent.
But it could not have been anticipated that a grave body,
such as should compose the Bank direction, would morsel
out its decision upon a serious contingency by weekly halves.
The more wholesome way would have been to speak
and act the truth boldly and at once. We are not
among those who discern national ruin in a 4
per cent. rate of Interest ; nor will the fate of the nation be
compromised by very possible higher rates still. It is ab-
surdly assumed in some quarters that by the banking and
currency measures of Sir Robert Peel a divorce has been
effected between the Bank and the government. There is
no such divorce; the connexion between the two remains as
close as ever; closer even, if the subordinate but auxiliary
regulations for the government of all other banking cur-
rency are taken into account. We are fast coming to the
test of the efficacious working of those measures, when the
policy of legislating upon credit and currency with the view
of affecting and regulating the prices of commodities will
receive its development. But under whatever circumstances,
the fortunes of Bank and government are indissolubly con-
nected, so far as public credit is concerned.
In foreign securities we have literally had scarcely any
transaction.. Prices are all lower, but in the absence of
business can be called nominal only. Brazilian were quoted
84 to 6. Mexican, 211 to 2f. Spanish Fives, 24 to j ; the
Threes, 341 to I. Dutch Two-and-a-Half per Cents., nt
to I ; the Fours, 911 to I. Some parcels of French Three
per Cent. 'votes were brought to market, and done at 78f.
Me., at the exehange of 26f. 30c. It is very rarely French
stocks are dealt in.
INGLI/114 TIMM.
Beat Meet, to I lora Meek, 214 2
per Ct. I loan 1.., weer t I pus,
a per Ct. Coon. Ass, 111 111411 Muth Ms Beer Intontko, 504
New al per Ca Aar. IS 1 Oemeth ter amt., et la s II 4 I
Lose Anna., asp. Mk J. , teeO. ItariterserßllY, 40.4, 1.., II II
11.1.1 Do. Use $
De. le Trent esp. 1041, Oct aline, 9i Do. M.ll, •
W. 35 year, sap. Jan. soma, ss
roastou PLUMS.
a rev Cs. Brannan Dem% U 4 per Cs. Panorama Dot, Ac., ail
I per Ct. Kellam Aces, J.. le, II 1 per Ct. Mir.. Damea, ea. LC NI
a per Ct. apornt Met, Jea. 25, 244 23 per Ca last. Itaelmose, If OWL.
3 iCit. Mar. Mot., Jaa. IS,
pm Cs. Ms. Rearm, 7W. 10e.. 4 perr, Ct. Dot. nll

lor Accwat.