The Express.
London, England, 1848-06-07 00:00:00

THE E t PRESS, WEDNESDAY EVENING, JUNE 7, 1848.

already stated; but adding, " that the minute Wain,
the select wary shall be considered at an end does not
mean that it is absolutely sholished at this moment, but that
the whole is provisional ;•hat is, that when the agreement ie
complete the select minty shall be at an rod." It was stated
in the affidavit upon which the present rule was obtained
that these words web added without tha consent of the
defendants, and, apparently, were not in the order as origi-
r ally drawn up. The judge's order was made on the 29th
of f 'ebruary, d on the defendants on the 24th March,
and made a rule of court the following day. The present
:rule, for setting aside molt order and rule of court founded
thereon, was granted on three grounds—That it was contrary
to the intention of the parties that any order should be drawn
up at all ; that at all events the arrangement wes subject to '
a condition which ought to have been introduced into the or-
der—namely, " that it should only be binding on the respect-
ive partiss if the consent of the parishioners to the payment
of coats should be obtained ;" and thirdly, that the inser-
tion of a new minute after V...., order was Mad. vitiated the
order altogether.—Mr. Cowling (with whom was Mr. Ball)
now showed cause. Al to the minute added to the order, yolain-
tiffs were willing to abandon that portion of it, and had
Reeved a notice accordingly. The minute was meant only am
an intimation, and not with the view of altering the terms.
Then, as there was a mute pending betweta the parties,
plaintiff had a pi rfect right, according to the usual practice,
to embody the terms of an agreement come to for a stay of
proceedings into a judge's order, and to convert the same
into a rule of court. With respect to any alleged condition
not Inserted in the order, this was denied in the affidavits
filed on behalf of the plaintiff..—Mr. Atkinson was heard in
support of the rule, and relied on the grounds insisted on in
moving it. But the court were of opinion the rule ought
to be discharged. With morel to the effect of the judge's
order, in putting an end to the litigation which had gone
on so long, it was not for the court now to consider that
question. Whether in the result it might turn out to be in.
operative it was premature for them HOW to considir. It
might be that in undertaking to pay the legal expenses from
the parish funds both parties haul undertaken to do what
!Hittite wee competent to iffect. However that might he, no
sufficient grounds for the present rule had been shown. If
something had been added to the order not originally there,
that portion of it had been already given up. From the facts
disclosed the court had reason to doubt either that it was
contrary to tho intention of the parties to procure a
judge's order, or that the arrangement was subject to a con-
dition not inserted therein.—Rule discharged.

EXCHEQUER CHAMBER.
RILHOR MOM TIIN Curer or QUERN'S Bingell:Tile
CARS Or THY. BAllo,l lilt I.IOI,B.—JUDGMENT.—Sir T.
Wilde delivered the judgment of the court in this cue,
which snare on en application by the Astern. ',General to I
quash the writ of error from the Court of Queen's Bench,
on the double ground that the plaintiff in error being the
executor of the party could not have his writ of error, and
also tort the wnt of error did not lie to this court on • peti-
ti.m of right to the crown, but to the House of Lards. The
tint of these p Ants was not much pressed, but the second
was scrinu ly urged, and arose on the ratute constituting
tide court, the gencral words of which, it war
argued, could net atlsct the crown. The cases in
the books, however, were opposed to dirt position,
and in " The King e. Wright" ci Ad. and El hit had been
I expressly held that the act applied to the crown in criminal
' and otlit r proceedings, its object bring the more etrectuul
administration of justice. Their general words might not
perhaps have deprived the crown of it. right to try the ques-
tion in any special tribunal ; but none such existed, and the
crown and its subjects ought therefore to he placed on an
equal tooting, as regarded a writ of error to this court. The
rule must therefore be discharged.— Mr. Webby, on the
part of the email, • riyed for time to join in error.—Mr.
Hill said that the object of tho crown wo' delay, and that
had been accomplished; but the crown ought to juin in error
in the usual course.—Mr. Baron Alderson : The obligation
is to join forthwith, which means di hour,. I should think
half-an-hour quite enough--Sir Thos. Wilde We will
make on order.—Judgment accordingly.

liars, 0. Cowling, 11. Ilißosati, and 17 other prisoners,
who were remanded from the previous day, chewer,' with
having taken an active part in the disgraccul disturbances
on Sunday by pelting stones at the police, and committing
other outrage', wire severally brought up for judgment.—
Mr. Hayward, from the Mace of Mr. !Haute, solicitor to the
treasury, attended for the prosecution.—The depositions of
the several witnesses were read over seriatim by Mr. Vine,
the chief clerk, and Mr. Hammitt ordered the whole of the
prisoners, to their evident imprint and consternation, to be
fully committed to Newgate to take their trial for haring
assaulted the police, and unlawfully and riotously assembled
to disturb the public peace.—lt was a gratifying fact to ob•
serve, that on the arrival of the police van for the removal of
the prisoners, the feeling of di fiance and animosity displayed
on the previous day by the crowd assembled to witness their
departure had considerably abated, and they were carried
off with scarcely • murmur of disapprobation.
Stoner ROMIKUY.—T. Richards, a well.known auda-
cious thief, and one of a gang who infest the esst end of the
metropolis, was charged with robbing a lady, named Susan-
nah Cowling, of No. 60, Sun street, of lour half-crowns and
three shillings end sixpence.— Mrs. Cowling raid she MIN
passing through Shoreditch, at abut ton o'clock on Satur-
day night, when she felt a sudden tug et her packet, and en
turning round distinctly saw the prisoner withdraw his hand
therefrom. Ile lostantly nn off, followed, however, lip her,
with the cry of " atop thief," and he win caught hold of by
a gentleman, who handed him over to the police.-11e was
fully committed fur trial.
CLERK ENWELL.—Pawrino me POLICY..—E. Can-
ton, apprentice to Mr. Fisher, boot-maker, of Clerksnwell-
green, was charged by Mr. hints Child, high constable of
Finsbury, with having endeavoured to incite the populace to
violence against the police, and pelting them with stones.—
It appeared front the evidence that on Monday night last a
great crowd of chartists sale rnbled on Clerkenwell-green,
and were preparing to harangue the public, when a large
body of police, headed by their inspectors, made their appear-
'ince, and commenced dispersing them ; whilst so doing a
cry WAS raised of '• Down with the police; give it them;"
and they were hooted and pelted with atones. The prisoner
was observed by Mr. Child to pick up atones several times
and throw them at the officers, end after doing so he ran
away, returned, and pelted them again, whilst ho called on
the mob to pelt them, and exclaim 'I, " Uive it them." Mr.
Child sought his opportunity, and just &shelled fling another
atone he (Mr. Child) iiounced upon him, and held him until the
arrival of stv:ral alines, who took him into cu•tody. They
were followed I.y an immense number of persons, who corn-
menced hooting and pelting at them. The officers were struck
and injured by the atones.—Mr. Child said they were at the
corner of Red Lion-street, Clerkenwell, when 400 persons
and upwards attacked the police. '1 hey were tumultuous in
their conduct, and calculated to alarm the publi,, many of
whom hail complained of the rioters to the pelice.—Oreen.
hard, 153 (J, mid that there were upward of 400 omens on
the Ureen. The police were called upon to disperse them,
sad they were alenat twenty minutes doing so. They were
hooted arid pelted. Witness was injured from a blow of a
stone.—Mr. T trwhitt asked the prisoner if he wished to my
anjthieg in hi. def.-ore, as he intended to commit him for
trial at the Central Criminal Court.—The prism( r deeded
the client., saying he had jest left cif his work, and was
going to ttrbitechapel fur his master. He had not been on
Clerkerivrell•green two minutes when he was taken into
custody.—The depceitions haying been taken, the prisons r
was fully committed to tako his trial.
An order has been received from the Secretary of State by
the metropolitan polite magistrates that in future, in all
attacks of this sort upon the police, the parties are to ho fully
committed fur trial.
MARLBOROUOII.STREET.—PoterterAne AND Tim
rod) one and J. Campbell wire charged with
being drunk and riotous in Park-street, Grosvenor-square
Cummins, C 200, mid lie was on duty last night in Park -
ssrect, when the prisoners tame up to him, and the former
said, " Campbell, mark 250 C ; we will nab him on the
day." Witness requested them to go at and not interfere
with him. Campbell then mid, if witness eland to meddle
with them, they would " pitch into him." Cochrane then
laid hold of his collar, and tried tothrow him ; witness, heroi-
c ver, closed with him, and eventually took them to the eta-
tion.—ln defence, the pi isoners said they were returning
peaceably from Paddington, where they had been to a
chartist meeting, when the coon tabula met them,and called
them chartists. This elf tided them; but they denied using
the )east abusive language to him in return.—Mr. 1-ladwick
floe., them 30s. each, or ten days to the House of Correction.
SOUTH WAILK.—A STOCST PRIACHEIL.—T.Jones was
charged with collecting • mob of persona in the Weterlon-
road, and obstructing the thoroughfare.—A policeman said
that his attention was celled to a large assimblege of persons,
end he observed the defendant haranguing the mob, which
consisted of between 300 and 400 ',moons. The thoroughfare
wee completely blocked up and rendered imps/waffle for
those who were proceediog to their business ; and the 41,-
4501Lnc having ri hoed to move on, the policeman took hint
to the statioietiouso.—Tee defendant said that he was no
chartist, I.ut had comets expound the Scriptures to those
who were either too lazy or unwilling to visit • place
of worship.—Mr. Costisigham said that the defend.
ant, however good his purpose might he, broke
the law by causing an assemolage of persons to hear
him hold forth in a public thoroughfare, and that if he
wanted to become a preacher he ought to procure • license
from the sessions. Ile, the magistrate, however, had no
wish to punish him now, if he promised not to collect any
more crowds on the highways.—The defendant seemed very
unwilling to make a pretties of the kind.—Mr. Cottingham
said if he did not mike the promise of not collecting crowds
in the streets or public roads of the metropolis he should be
under the necessity of compelling him to find bail, or com-
mit him to prison.—TMs defendant exhibited • very strung
disinclination to make the required promise, and be was
therefore ordered to be !ocked up, but had not been long in
the cell when he requested to he taken in before the magis-
trate, and he then expressed his readiness to comply with
the terms proposed to him, and was discharged.

MONEY MARKET.
TUEbDA.T ETININO.
The funds improved rather considerably to-day,
which, in the absence of any apparently favourable
change of circumstances of external or internal im-
port, was a matter somewhat of surprise out of the
Stock Exchange. The fact may be explained, how-
ever, by the near approach of the settlement, now
due within three da.ys, and the reading over of their
books among the Jobbers, from which the general
complexion of the account to be liquidated is usually
ascertained beforehand. It would seem in the pre-
sent instance that the sales of Consols fur
time have been sufficiently extensive. to raise doubts
about readily finding stock for delivery, unless holders
or parties who had purchased for the rise should be
tempted to elfin' the requisite supply, or oth. rwise
to balance, by higher rates of price. Consols, money
stock, therefore, was in demand, and both for present
transfer and fur account was done as high as 814, say
~' above yesterday's quotations. The prices ranged
during the greater part of the day from 81) to but
at the close of business were 4 lower, at 84,) to I, pro-
bably because the speculators fur the fall had to some
extent satisfied their necessities. Reduced Threes
left off 824 to 4. Three-and-a-Quarter per Cents.,
83: to 4. long Annuities, 8.) to 9-16. Exchequer
Bills, 345. to 38s. premium. Bank Stock, 191 to 3.
Foreign stocks were Lull, and some of them in
decline. Dutch Two-and-a-llalf per Cents. were
lower, at 41) to 21 ; the Fours, at 614 l to 2).
Belgian, 56 to 62. Russian, 86 to 9. Spanish Fires
were in decline at 111 to 121 ; ;the Threes, 22 to 3.
Portuguese, 16 to 17. Mexican were 141 to 151.
Peruvian fell to 32 to 4. Chiliaa Bonds were 79 to
82. New Granada, 11 to 124. Venezuela were
quoted worse at 17 to 19.
The near approach of the payment of dividends,
which will take place early in July, may serve mate-
rielly to support the pet sent prices of the funds, it not
to improve them. And ti is belief is one material
cause of the steadiness of prices and of their present
upward tendency, in the presence of many discourag-
ing circumstances. For, with the payment of the
dividends, a canselemble additional amount of money,
or capital, will come into the market, seeking perma-
nent or temporary investment. From the still pre-
sailing
distrust in respect of commercial credit—from
the general discouraging state of commerce also—it'
is not probable that any particular amount of
this extra supply of capital will be carried
into the regular discount and banking market, where
indeed money is already snfficiently abundant, and
the returns scarcely m ire than tenet can be ruttier:el
in Consols, to say nothing of the greater risk in the
one case than the other. It seems more than pro-
bable. therefore, that a considerable proportion of the
dividends, such as is usually left over for reinvest-
ment, will find its way into the funds, as the readiest
and least insecure mode of obtaining interest, however
below the rate at which such capital could be other-
wise employed. Without some extraordinary con-
vulsion externally affecting British interests, or in-
ternally of a nature to create uneasiness, the funds,
representing public credit, may be said to be there-
fore in a staid secure position.
It is wonderful that, in the present depreciation of
money, as measured by, the rates of interest it yields
in public and as in private or commercial securities,
comparatively, eo little attention is paid to the
superior advantages of investment in sound railway
stocks, shares, and loans, returning so much greater
an amount of interest. The cause, and the ;fact why
such is the case, need not be concealed. Con-
fidence in the directors of those undertakings
has been 'and is very much shaken, from
the prodigality of their expenditure ; from the,
in many cases, well founded suspicions that they
have been paying large dividends out of priucpal ;
from the never ceasing purchases, or undertakings, of
new lines and branches entailing an enormous addition
to capital, and, pro tante, of expenditure, with a de-
crease of dividends ; and, to crown all, with the un-
certainty where and when all this prodigality and
recklessness of enterpriaLia to end. In the cpinion of
all sober calculating menthe appropriation of capital

in railways should be the most secure and gainful of
all investmen s, because subject to little variation
from political influences abroad or at home
like the public funds; as it is, the mea-
sureless extension of enterprise, with the profuse-
ness of expeodi•are in the general manage-
ment, doter prudent and moneyed men from can, ing
their funds into railway channels. It is said that,
in the one instance of the Great Western line alone,
the engineer in chief, and no doubt all the other func-
tionaries in proportion, receives yet just as much—
thousands per annum probably—as when the trunk
line was being made, and the great work to be done.

icroLioq
Rank Mock. 1921 1
3 per CI. Ital. *ow.. 831
3 per Ct. Cousaio, Anus., Li 41
3 Ct. •3131. g.. G 99, 811
Long Anux, cxy. Jut. 6. MO,
th 9 II

FUNDS.
New 31 per CL. Ann,.. 1171
3 par et. An..., 1751, 414
Consuls for Anal.. lt4 t
E.ehoquct 11414, £1,.100.
103tZ,41:44p,.,
4HW:: Small, 3$ pm.
FIT /4 ItA.
pa Ct. //leaks.% 1844: 144
Unto. Amt., Junta 16, 1_4839.
9.40.
per Ct. tlpanl4ll 11,14., I
Mr. fr,m, Nor., 1440, II
Mtn, lily. for M4Y. 104141/4.,
4} per Ct. 1k4gnm114.4 .141. •.!C_
A 4
1 74 per Ct. Initcli En.. 13 (lull., 47
Y.

TORSION
11 per Ct. ChUlan Bomb, MI
1 pc, It. Urois.s.l" Itoetth, lIZ 14
1)11441, Deferrod.
5 per Ct. Portuguome
6 per M. lipasilsh ItoeiriA, 1)1v.
/mak Nor., 1449. 14
In,to AN L. JllllO 14, 14

Y.201046E8 ANI; Elii)Cll4
Via/.Pa, Mai 3 ).—A.trlan Plye per Ceuta. CO: IAIAo. Four per
ComtA., N; Ult4r, Throu per Canto., 42; Ditto, Tlpram.lAllall VC/
Couto., 311. how. DIA. Ott: Ditto, ISM. 62. Bank glutei. NO.
1111 A nu, Jt'T■ 6.—lblean Fund,— loan, MOO, 4d; bib,. 1842,
662; Ditto, 1844, 611 ; UltW, 18Y1,65 ; lUllb. lo3t, 44 Ditto, (Att.
11443, 641. Bank 14 lielglion, 631. E &change a n 1...n00:L26.60.
Auras+. Ji N :....Ellehang.unLondon.2: 57.