The Express.
London, England, 1848-10-14 00:00:00

THE EXPRESS, SATURDAY EVENING, OCTOBER 14, 1848.

property with interest difficult seas at 12 par eat/ Then
as to no doubt that his owe intimate would be Pre-
cisely @Lair to tir t of the public, under which all property
has &UM in so appalling a degree.
The malt of this depreeistion is a proportionate loss of
capital to every one holding such property ; and what will
yet be the conecq males to the country of this state of things
remains still to be seen. But this is not the only effect.
The dillculty of ob•ainlog money for long periods during
the contractioe of the available quantity of currency, sad the
subsequeut alarm of the owners of mammy at parting with it
far imp periods, bars ametedtheuesial proemial buildings,
the railway works, and thewoutlays of capita which afford
employment to artisans and labourers on a far wider scale
than would result to the manufaettiring operatives from any
ordinary irisl moment of the foreign trade, a branch of do-
mestic industry to which, though even more important
than the foreign trado, the Bcommi,t seas to attach no
importance whatever, although it is matter of indisputable
fact that when the creation and improvement of fixed p.oyerty ,
is the moq actin, the demand for all commodities td pro-
duce and manufactures is necessarily the greatest, in sense-
queue of the increased employment an income of the point- I
latices.

On the causes of the cninnercial and general il:stresa, we
perhaps cannot do better then comm. od to the writer in
the Ec monist an ui.prtjudiced pausal of a really pn ticil
and intelligent work on the subject. lately published by
Longman and Co., entitled, The National Distress; Its
Financial Origin and Remedy ;" where, if we 'mistake not,
asaumg other corrections of fatal economical errors, will be
found a complete refutation of that writer's imposing theory
of capital, in a section devoted to the enasideration of The
Trimmer of Floathsg Capital to Fixed Capital."

her Majesty's prerogative of inerey may be exercised by
your excellency la favour of Mr. O'Brieu.
The report which had gained a'rength during the
forecooo, that the sentence of the law would be
immediately executed on Mr. O'Brien, was set at
re',t by the deputation to the Lord Lieutenant.
His excellency, the Lord Mayor stated on his
return to the meeting, was happy to my" no
warrant had issued, and he added emphatically
that he was (gully happy to my there was co truth
in other stones of the same nature circulated by
malicious busy-bodies. His excellency referred doubt-
less, amongst other tales, to one which accused him
of harshly refusing to give audience to the aged
mother of the unhappy prisoner. Lord Clarendon
has assured the deputation that he has not even had
official knowledge of the conviction, and that in what-
ever be determines neither policy nor humanity will
be forgotten.
The following is the official announcement made to
the meeting of yesterday of the interview with Lord
Clarendon :

Mr. (Sharman Crawford havieg retaken the chair, stated
the result of their interview wit.. his Esoelleocy. lie said :
We were detained a coonsiderahle time in ccusequeece of
the Lord Lieutenant being oat ; but as Irma as he re-
turned, we soot up the memorial which was adopted
here to day, end he immediately reeeived us. I ex-
plained to him the mason why we c .me so prompt)y—
that our apparent urtmey arose from a report which had
been stated at the meting to the effect that a war-
rant had been issued for the execution of Mr.
O'Brien—that for that reason the deputation which then
waited upon his Excellency was appointed ftr the purpose of
Inquiring—first, whether there wee any truth in that report ;
sad secondly, whether his Excellency would be pleased to
receive a deputation at a future day ti present that =sectorial
after it had received mere exteir i e aiculturs ? Ills Brea-
lency, in reply, said, first, he had n.) hesitation in ...sting
that the report of any warrant having been mat down to
Clonmel was utterly false and unfounded ; sad, secondly, that
he should be reedy to rec.dve a deputation to present the
memorial, when he was informed that it had obtained algal,
tures to the extent which the promoters of it desired.
The following is the official programme of the pm-
ceedings of the Scrod of the Roman catholic bishops,
upon the topics of which I shall take occasion in my
nest letter to say a few w,.rde:
At a meetiLd of the catholic archbishops and bishops of
Ireland, held at the Presbytery, 31arlberough•street, Dub-
lin, Oct. 11, 1848, the following resolutions were unaui-
meusly adopted :
Moved by the Most Rev. Dr. Slattery, Alchtdshop of
C.shel, and seconded by the Right It.v. Dr. Form,
of Waterford:
Resolved—That on contempt ate with grief, anxiety. end
alarm, the ltnisndinr lamina, and the noacries which at:other
year of deetitut on must meowoily entail on our already
Impoveridsed people, many of whom will Inevitably perish of
want during the approaching Kasen, if SAW general and
comprehensive measure fur their relief be not adopted with-
out elt lov. 2—That whilst we tenderly sympathise with our flocks In
their afflictions, ant exhort thorn to patience and emPinatiou under
the Mary calamities which Providence permits to befal them, we
deem uorselves bound, as Chrietin t ltieltope, to raise oar voloto ten be-
half of the poor of Christ, and te Impress earnestly, but teepee tally,
the perforrnanw of what the highest authority in Ude land has already
d. chard to be "the meted and paretthant dutyof government, the
preservation of human life." 3—That the poor of Ireland burin
ben again deprived, by the failure of the rotate crop, of the food
which alone they amid reserve fur their support, and an
amount of dough:ion h omit thus been created to meet
which experience has proved that all exleting bird end ad.
mitastrativo means of relief are Inadequate, we implore
the govemmesit to take tell eueh other steps a- the gaming
coral lion of the country domande ; to employ, teethe 1 mediate re.
bet of the pear, all the resources at Its disposal, and to use all Its Wm-
one to eget each an equitable mite-Mout of the relation, between
IAP•11 ed. and tt nines as shad atlfoute, an outlay of capital, ensure
the envelopment of the ehle-balled, end Increase the agricultural mo-
dem sable rats 1. that having obmved that a notice has been
gieen of a patliamatreary motion regarding a state prate-a for the
catholic eicerty of Ireland, can d.epervate such a procerllng. That
having shared lathe properity et their tallith' flocks, the dergy of
Irelend sac wilting to share in their privadon% and are determined
to resist a wasters caltalated to create vast discootent—to weer the
people Iron their pastors, and uldinatgly to endanger cothellelty in
this COWILTY.
. . . - .

Moved by the Right Rev. Dr. Browne, Bishop of Kilmore ;
,n 1 wooded by the Must Rev. Dr. Crvaly, Archbishop of
Arrasoh :
5. It...And-71W we and our clergy will continue to promote the
pear., the placard. and the brownout of our country, by the prr-
Firmanee of the social and Christ/ au duties winch our military Im-
poses on us. . _

Moved by the Right Rev. Dr. Cantwtll, Bishop of Meath;
and seconded by the ILieht Rev. Dr. Brown?, Bishop 01
Flo,' in :
0. Resolved—That we deeply regret the many difilcultlis
with which oar Doty Father Pope Pius IX. has had to con-
teed; that we Unmet the amenerou. attempt of evil-minied
persona to interfere with the due exercise of that mover, 100 uuthoritv
which his holiness, with equal wisdoms and goodness 11.14 "'tax his
elevation to the pontifical throne, uniformly directed to promote the
wvifare nod happinese of Ins people ; that we enter our solemn pro-
t of this u.dust lavasion of his right. ; Hilt we moiler to his
holiness the esprervion of our warmer sympathy; that we recom-
mend our faithful peopleto unite their prayers with ours In his be-
half, and wet •We three that Inoue respective dim ism the col-
lect Ikea Omnlom Fidelitun " fur the Pope be addid in the ream
to the thee orations of the day.
Id D. MURRAY, Chairman.
JOHN DERRY, liishop of Ciontert, Secretary.