The Express.
London, England, 1847-04-26 00:00:00

COURT OF QUEEN'S BENCH.

THE QUEEN E. SAUNDERB.—CRIYINAL INFORMATION.
—ln this case a rule nisi foe a criminal information against
the defendant, for refusing to admit to bail • man named
Griflitha, whom he had committed to take his trial for an
offence against the game laws, bad bees obtained on Thurs-
day lut by Mr. Pashley. Lord Denman, addressing that
learned gentleman, now said that the ;Lilo must not he
served, for as one assize had elapsed since the act complained
of, the application wae too late. Mr. Pashley observed that
there were several cases which showed that the rule adverted
to did not apply.—Lord Denman Hand in a list of them.
The rule will, in the mean time, be suspended.
THE QUEEN O. MILE-END OLD TOWN.—RATING WATER.
WORKS.—This was • special case for the opinion of the court
on the made of ascertaining the sum at which the East Lon-
don Waterworks Company ought to be amused to the relief
of the poor in Mile-end Old Town, in respect of the works
belonging to the company in that parish. The argument had
been partly heard on Wednesday last. Mr. Hill, Q.C., and
Mr. Clarkson, for the company, contended that it ought to
be rated on a sum that bore the like ratio to the fixed capital
of the company in the parish, +high the net profits of the
company bore to the whole fixed capital of the company.
Sir P. Q.C., Mr. Bodkin, and Mr. Hodges, on the
other side, insisted that the assessment ougltt to be on
a sum beat:ing, the like ratio to the rateable value of the
whole property of the company, which the length of piping
in the pariah bore to the whole length of piping in all the
parishes in which any mains and pipe* of the company were
situated.—The court took time to consider its decision.—The
court rose at half-past one o'clock to attend the meting of
all the judges in the crown cusp zsearted from circuit.

COURT OF EXCHEQUER.
1 Sittings In Banco.
w ORTLET v. CAMPLING AND ANOTHER.—GOODS SEIZED
cgDER A JUSTICE'S WARRANT AGAINST THE APPARENT
OWNER CANNOT RE RECOVERED HACH IN AN ACTION OP TRO-
-1 TERRY THE REAL PROPRIETOR.—This was an action of trover
against the defendants, constables of tho city of Norwich,
who, it was alleged, had illegally seized the plaintiff's goods.
At the trial before the Lord Chief Baron at the last asaises for
the county of Norfolk, it appeared that the plaintiff was
proprietor of a public-house at Norwich, ant being an attor-
ney he could not conduct the business himself, so he placed
it under the superintendence of one Charles Gating",
whose name appeared ever the door of the establishment, as
well as in the licences. In this state of things church
rates, in respect of the premises occupied by Gating',
became payable, and the amount was levied by the
defendants under a warrant granted by justice". It was
contended on behalf of the plaintiff that he should recover,
aS the goods seized were really his, not Gittings's, and that
the defendants were fully apprised of that fact before the
seizure. For the defendants, it was objected that the plain-
tiff was estvped from disputing the liability of the goods for
the payment of the rates .n question, as, in the eye of the
law, they were the property of Gifting', who was suffered
by the plaintiff to hold himself to the world as their real
owner. The learned judge was of this opinion, and non-
suited the plaintiff.
Mr. O'Malley, pursuant to leave reserved, moved on Sa-
turday for a rule to set aside that nonsuit,and enter a ',edict
for the plaintiff for SI. 18e. 6d., upon the ground that the
learned judge was wrong in point of law.—The court con-
firmed the Lord Chief Baron's ruling, and refused the
motion.

—ii;el. lordships, shortly after one o'clock, rote and joined
the other judges in the Court of Exchequer Chamber.

EXCHEQUER CHAMBER.
Before the fifteen Jodie*.
WIOHT V. THI (INNEN, IN EHROR.—IS THE INDORSE-
MENT OP • B/LL ET PROCURATION, WITHOUT AUTHORITY,
FORGERY ?—The court met on Saturday afternoon for the
first time this term, to hear crown causes brought up on '
writ of error from the assizes. This, the only case heard at
the sitting, involves • point of considerable legal interest and
importance as to the limit to which the crime of forgery ex-
tends—nemely, whether the indorsement of a bill by • ser-
vant for his master, by procuration, as stated on the face of
the instrument, but without the authority of the master,
amounts to a forgery, Wight, the plaintiff in error, was tried
and convicted at the Nottingham spring arises on a charge:ef
this description, having indorsed a bill by procuration for his
master, Thomas Tomlinson, who proved on the trial that
Wight, although he had frequently been sent with cheques
to Hut's bank in Nottingham, had never been authorised
to indorse or sign bills, or to make use of his master's name
is any such transactions. It appeared, ran the record, that
Wight in the indorsement of the bill had written tits
words " per procuration Thomas Tomlinson," and then sipped
his own name. It was contended for the plaintiff, by Mr.
Wellmore, that the offence did not amount to a forgery.
Notwithstanding the special enactments of the recent
statute of I William IV., no alteration wee made in the
definition of the crime of forgery itself, which, from the
earliest period when the crime first became known and un-
provided for by law, according to Flea, required the counter-
feit of a seal in the first instance. and afterwards, when writing
came more into use, that the signature or instrument should
be counterfeited. The plaintiff had, no doubt, made an un-
true statement in the transaction, and was therefore guilty
of a false pretence ; but, even though the false pretence wee
written down, that would not amount to forgery. To con-
stitute forgery, it was necessary that one man should put
forward as own the writing of another. Here, then, was
no such attempt at imitation; and, therefore, the offence
boll amodoted to a false pretence. Mr. Dennison, having
replied on behalf of the crown, Lord Denman said time would
be taken to consider the ease.

POLICE.— SATURDAY.
BOWAFREET —Rosetta, it LIVIIRPOOL.—Robert
a youth, was charged with having stolen the sum of
-1),i7r.,, the gLoperty of Messrs. Demsey, Frost, and Co., his
employers, ipth which he absconded. The primmer wu
traced to the Bridge Hotel, Southwark, where he had
booked himself for Dort. The whole of the money, minus
his travelling expenses up to town, was found upon him,
and he was ordered to be conveyed back to Liverpool by the
officer who apprehended him.
A QUESTION POE THE POOR-LAW Conatssionsark—A
few weeks back a female pauper, of St. Giles's, was sent
with others to the King's College Hospital, in Portage/-
street, Lincoln's-inn-fields, where she died on Saturday
week, upon which Mr, Lyons, the secretary, communicated
the circumstance to the parish authorities of St. Giles's, re-
questing that the body should be removed by them for in-
terment. She was refused by the parish authorities, oa the
ground that as the hospital was in a different parish, they
could not be called upon to bear any portion of the expense.
ogesequent on the removal or interment of the deceased.
The question led to a lengthened investigation before the
magistrates, when it was arranged that the matter should
be brought before the St. °ilea's board, and in the mean
time the body was removed by the parish authorities from
the hospital for interment. Yesterday a letter was received
from the chairman of St. ODes's parish, informing the
magistrate that the matter would be entertained on the next
board day, with a view to submit the question to the con-
sideration of the poor•law commissioners.
WORSHIP-STREET. Tas POOR-LAW REMOVAL
ACT.—An old man, 89 years of age, was brought up to show
cause why he refused to enter the workhouse, He had been
five year. receiving an allowance from flhoreditch parish
(3e. a week), but living during that period in Bethnal-
green, and the Shoreditch parish now refused to allow him
anything further, on the ground that the recent act of par-
liament, with respect to the removal and settlement of the
poor, bad the effect of transferring his claims to the pariah of
Bethnal-green in consequence of his five years' residence
there. The Bethnal-green parish officers, however, would
only consent to take him into their workhouse, instead of
allowing him any out-door relief. Mr. Broughton asked the
old applicant why he objected to enter the workhouse /—The
old man said he had been married fifty-six years to his wife
(who is 80), and they would feel it as a cruelty to separate
them until it should please God to take them. Mr. Brough •
ton asked if it was a matter of necessity to separate such an
Od couple in the workhouse ?—Mr. Christie said It was ;
the law was imperative in that respect. In this particulaS
case he would do all he could for a favourable consideration
by the board.
SOUTHWARK.—SHAY Snunousas.—Arther Harpist,
was examined, charged with stealing a watch beta Thome.
Purther. The complainant had arrived hem Hull akw
days since, and in passing over London-bridge weer alneled
by the prisoner, who indord him to enter a Meg la one of
the courts leading out dr Toddy-street, W leek at setae
cigars. He was taken up stairs to a nem where then
were some silks and a shawl for sale. Hs dedined parchislati
any and was about to quit the place when he bed the dies
&maned, and before he procured his liberation the Finn',
palled the watch out of his fob, and in lieu Of it threat a
shawl into his hat, saying that it was a Cesticarrs, and worth
treble the value of the watch. The complainant rushed
down stairs, and when be returned to his lodgings he men-
tioned the tirourestance, and the prisoner was subsequently
taken inn custody at a beer-shop in Tooley-street —The
prisoner was committed.

CITY POLICE COMMITTEE.—Air ALDERMAN
TINED.-Mr. Alderman Hooper, attended by one of Isis
carmen, J. Meek, appeared to answer summons taken out
by one of the City police, for leaving a hone and cart in an
unprotected state, and causing obstlnction on ase.foot pave-
ment in Coleman-street.-dome wine was being deliv:rell at
a house in Coleman-street fnim the alderman's cart, and a
pipe of wine was left on the foot pavement. The officer rea-
eo.ed with the driver as to its unfit position, and even-
tually it was altered. The horse and cart were afterwards
left unprotected fer five minutes, and if anything had startled
the horse something serious might have happened.—Mr.
Alderman Hooper assured his brother magistrates that the
tiTite mentioned must have been required in lowering the
wine into the house—Mr. Alderman Johnson said the horse
and cart should not have been left unprotected; as much
mischief might be done in five minutes as in five hours.—Mr.
Alderman Hooper said there was a dog in the art—it would
have protected the property.—Mr. Alderman Johnson said
it could not have restrained the horse if it had takes fright.
He should impose a penalty of ss. and costs. In every we
of the kind he would inflict fines.—Alderman Hooper :
Then I am afraid you must understand the ways of business
better.—Alderman Johnson : I know the ways of business
perfectly well, and, what is more, I wish to keep them
strictly for the security of the public. The fine nitre. must
be enforced.—The fine was paid.—Sir J. Pirie, the other
presiding magistrate, was silent during the proceeding'.

MONEY MARKET.

SkTURDAT EVENING.

Without operations of any particular importance
to.dav, the stock-market has been heavy, and in decline.
The think returns were read in a very unfavourable sense,
and as usual perhaps with some exaggerated apprehension
of effects. The depression of prices to-day, however, was
not of much consideration. Consols opened at 86 to
money, and 861 to 4 for time. The' left off 851 to j money,
and 86 to 1 for time. Reduced Threes, 841 to 5; Three-
and a-Quarter per Cents.. 861 to j ; Long Annuities, 8 15-16
to 9; Exchequer Bills, 3s. discount to par; Consols Scrip,
31 to 1 discount.
A few quotations only served to record the existence of a
market for foreign stocks. Brazilian were done at 83 for the
small bonds, the quotations for the larger being 82 to 4.
New Grenada, 191 to Mexican, 201 to j ; Portuguese,
331 to 41; Spanish Fives. 241 to I ; the Theca., 354 to I.
the Bank returns, as analysed in the Daily News this
morning, could hardly fail to make a profound impression
on the public mind. In all quarters they have been dis-
cussed to-day with more or less of earnestness and anxiety.
It is perceived that so far the stringent action of the Bank
had not succeeded to any noticeable extent in drawing in
active circulation, and really strengthening the reserve. The
laver, which stood in notes on the 10th instant, the date of
the previous return, at 2,832,9151., and in coin at 630,7131,
was diminished to 2,5-58,3151. notes, and 628,7411. coin,
together 3,087,0.564., or 376,5721. less than the returns of the
week before. The Bank policy, notwithstanding these re-
sults was, we observed, pursued with a rigour that could
not but content the most zealous partizan of Peel's banking
laws. The sliding scale operated with mechanical regu-
larity. As the Bank was drained of 43.5,240 sovereigns, the
sliding scale annihilated just u much et credit values. The
Bank was crippled of so much coin—the country fined and
shorn of so much credit. Industry is taxed in the enormous
penalty of double, treble, rates of interest because the Bank
has parted with six or seven out of sixteen millions of metal-
lic signs. Credit was a drug at 1/ and 2 per cent. discount
when coin and bullion chewed at the maximum. It is paid
for now variously from 6 to 10 per cent. It is known that
10 per cent has been charged upon 10 months bills drawn
upon the first India capitalist houses of this city. Never
before, excepting perhaps in 1825-6, was such havoc made in ,
industrial interests within the same period by currency sys-
tems, as remarked by an old and respected member of the
mercantile aristo:raey. And, truth to say, the Times repre-
senting, er appearing to represent, the parties claiming the
authership of Peel's bill, is not singular in the opinion that
we are now only at the beginning of the end.
It will be seen that the Bank action is not necessarily
absolute; like all other agencies physical or of human circa-
lion it is controlled ley counteracting and uncalculated
' influences. It was supposed the Bank had only to get
rid of its securities, and circulation would naturally return
pro lane, of millions to its cash portfolio. In faithful accord-
ance therefore with the new lights of currency, and in so
far with the obvious requirements of its position, the Bank
wrote off in the oneweek stated above one million of its bill
and loan securities, and nearly two millions of its government
securities. As, however, more than one million and a-half
of the latter had been added to its stock the week
before, the balance really disposed of and to be carried
to account on that head was less than 400,000/. But
whilst these operations were in progress, the bankers, die-
count houses, and merchants, whose lines of discount screen-
modation were cut down, began to chetjue upon their funds
lying in the bank in deposit They withdrew bank notes
for 1 f millions. Thus the circulation on balance between
bill and loan securities diminished, and deposits withdrawn,
instead of being curtailed was actually increased by nearly
one quarter of a million. The government too, which in a
time of such pressure, should, if it could not come in aid,
abstain, if possible, which it could not, from requiring
amistance, or drawing upon its funds, came upon the bank
in this urgency and took nearly two millions of notes mere
out of the public deposits. Such are the Bank of England
notabilities for the week ending April 17.
It is calculated that private deposits of the class liable to
be drawn upon still may be about five out of the ten millions
stock then remaining in bank, the other five it is believed
may consist of chancery, trust, and corporate monies not
likely to be muck disturbed in amount on average. It is
'probable, therefore, that the returns of the week now ended,
I may show on publication more satisfactory results of the
persevering action of the bank, with reference to its own po-
sition, in the further diminution of securities, unaccompanied,
se in the returns udder notice, with any corresponding ab-
straction of deposits. In such case the reserve may come to
exhibit a more healthy aspect.
Meantime, the pressure for money in the general market
begins to be severely felt. Second-class paper it is extremely
difficult to find acceptance for in any quarter. Long dated
Epteoruiotf
inany cla
arty :fienadres litctil:riteorx favour. The
and Tnitectraatetsall
discretion of the lenders.

7;;;;;;is;;;;;;toia deputation of Scotch bankers hay-
ing been here, their mission being to request leave of the
Chancellor of the Exchequer to dispense with the law re-
stricting their issues beyond the fixed amount unless based
upon coin in hand to the extent. The proposition is under-
stood to be that they shall be allowed to extend their issues
pro rata of public securities lodged for the amount, instead
of coin, the call for which might in present circumstances
be inconvenient to the Bank of England. The proposition
Is stated to have been met with a negative.
It is not clear why the Scotch banks, or any of them,
should be under the necessity of preferring such a request,
assuming they have conformed themselves to the proper li-
mitations of their banking statutes. According to the last
returns, ending with March 27, they were in possession of
specie to the amount on average of 1,048,34.5!. more than
'covered their hinnies. Although an expansion of issue usually
commence■ in the month of May, em required from trading
and industrial causes, yet the occasions appear to have been
rare when such increase of issue has been requisite to the
extent of a million. The expansion seems generally to have
ranged between half and three-quarters of a million in such

ICIOLISH
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owners more than once, indeed three or four times, and in
many instances. The consequences of such reiterated sb-
&traction of capital from other pursuits must be more
severely injurious when aggravated by the difficulties under
which credit is labouring at the present time, with little
prospect of relief for a considerable time to come. The
working of the exchange banks and other associations is
Scotland established on almost the sole basis of loaning upon
railway securities, will now be watched with interest, and
the soundness of such a Tanking innovation brought to the
test. If it shall be found to work well anti securely for the
banks themselves, it may be doubted whether it will not be
attended with no small slaughter of railway interests.
The railway concerns of France do not appear to be in a
much more prosperous condition than here. Tho Minister
of Finance has coolly told the Lyons Company, that as pru-
dent people they ought to increase their capital to
200,000,000 f., after having been led by the:blundering under
estimates of the government surveyors themselves, upon
which their own calculations were necessarily and com-
pulsorily founded, to conceive that little more than one-half
would be required. 200,000,000 f., however, it is now found
would not ho sufficient, supposing it possible, in actual cir-
cumstances, to raise the social capital to that amount. Not
less than 300,000,000 f. would be required, it is said, to meet all
contingencies. The Strasburg railway appears to be making
progress, but the shares are not in good *dour with a lON
upon them of 80(. per share. Upon 32,000,000 f. of receipts
there remained only 17,000,000 f. to pay the expenses of the
present half-year. For the next half-year, 18,750,000 f. will
be required, for which a call is to be made between the 15th
of May and the lit of June. English capitalists are under-
stood to be largely connected with the line.

SHAHB LIST.7LortuoN, APRIL 24.

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