The Express.
London, England, 1848-05-13 00:00:00

THE EXPRESS, SATURDAY EVENING, MAY 13, 1848•

COURT OF QUEEN'S BENCH.
Walnuts Bum
THE QVIEN ON THE PROSECUTION OE FILTROURI O.
OLIVER WATERLOO KINO. PRILIURT.—SENTENCE OF
run COVIIT.—This was an indictment for perjury. The
prosecutor and defendant resided at Fulham,
settlethe farmer
being a plumber and the latter en innkeeper there. Havitook
ng
had various transactions together a final ment
place on Jan. 8, 1816, their attorneys acting as arbitrators.
Various vouchers were then produced for goods supplied by
the detendant, fourteen of which, out of between three and
four hundred, the prosecutor scle,ted as being forgeries
and he stated on the trial that they were kept by the defend.
ant (having been given to him Wean he mfg
ht take an account
of them and refund the amount), ad surreptitiously heeded
to his wit to be destroyed. The defendant King subse-
quently brought an action against the prosecutorforgery for slan
which
der
in alleging that he had been guilty of ,
was not fettled until the 13th of February, when the de-
fendant said that if the prosecutor would givcostse himand stay
a hand-
some order for wine he would pay all the
proceedings. The prosecutor agreed to do this, and gave a
bill as three months for '271. for the wine. Shortly after
that the defendant claimed 61. 4s. for wine and bottles due
on a former account; and on the 16th of March tho prose-
cutor was arrested, the. defendant having sworn that he
owed him 4GL, and was about to leave the country:
a
subsequtly staed that he debt was for wine and law costs.
The prosecutor allegedt that the defendant had committed
perjury in making this affidavit, declaring that there was no
debt due from him to the defendant, and th at an I 0
the
U
produced on the trial, and purporting to be signed by
prosecutor, was not in his handwriting. A 'ranee' for then
defendant, however, declared that it was. It appea
the trial that when the prosecutor was arrested he did not
deny the debt, and said he could raise 301. towards the pay-
ment of it. Afterwards, he gave a letter to a person
called Newport addressed to the defendant,
he in
def which
ant he
offered to withdraw the charge of perjury if tend
would let him out of prison ; but King objects,: to h
do so, in.
siding that the amount was due, and saying he would bane
nothin to do with such a fellow. Defendant had visited
prosecutor in prison, and gie.n him some money and some-
thing to drink. Te prosecutor had been punished as a
fraudulent bankrupt, osec
and one of the witnesses on the trial
stated that poke uld not believe him en his oath. Several
witnesses spohighly of the defendant's character ; the
jury, however, found hint guilty.—Mr. Parry now moved
for a rule fora new trial, on the ground that the prosecutor
being a person of disreputable character, and having strong
motives for making the charge against the defendant, the
indictment not having been preferred until all attempt at
negotiation, with a view to the release of th
ere e prosecutor
from prison, had failed, the jury ought, thfore, to have
acquitted the defendant. He also moved, on the ground
of misdirection, Inasmuch as the learned judge (
the
r.
Justice Erle) should have told the jury that
oath of one person was not enough to convict
an
vi
etherohr
of perjury, if there was no material corroboration
statement of the prosecutor ; and he (Mr. Parry) contended
that there was not- The court having refused to grant a
rule, Mr. C. Clarke prayed judgment on the defendant, when
a number of affidavits were put in, speaking in the highest
terms of his character for veracity, Ildr. Parry said his was
not ins•ructed to apply for any mitigation of sentence beaus,
his client firmly denied his guilt.—Tho defendant brii fly ad-
dressed the court, urging with great earnestness that be was
perfect) innocent of the charge, and stating that Mr. Com-
aussioner Vane, who went fully,
into the cue (having been
occupied three days in investigating it), publicly di clared
that he believed him (defendant) quite innocent of the'
charge of perjury. Mr. Justice Pattuon, in pasting *entente,
said it appeared that the prosecutor was not a man of good
character, and that he had very much misconducted himself ;
but that was no reason why the defendant should
have committed the crime of perjury against
ofhim.
The most ample testimony had been given the
good character which the defendant had maintained
the
court were afraid he bad forgotten his crime in the feeling of
resentment which he seemed to have borne towards the pro-
secutor. Under all the circumstances, the sentence of the
court was, that the defendant should be confined in the
Queen's prison for eight calendar months.—The defendant
was then removed in custody.
Beste lon OP ILLS COT:wt.—Lord Denman Mid the court
would to-morrow (this day)preceed wilt' U.. 4:7: t!'..l NI.
and on Monday (the lest day of the sittings in Banco during
special term) take eight cues which had been selected from the
sp paper after which they would return to the new
trial paper. ------- _

BAIL COURT.
Sittings In Banco, before Mr. Justice Coleridge. I
Ex PARTS BUItSICASTLI.—CEITIORARI.—In this IMO
On Tuesday last Mr. Bovill obtained a rule on behalf of Dr.
Burnout's, late assistanzsurgeon to the Croydon union, to
show cause why • certiorari should not issue to bring up •
coroner's inquisition, in order to quash it, held on • woman
named Elizabeth Hopkins, otherwise Howard .Th
ee learned
counsel also moved that his client might beowd o tra-
verge the inquisition. It appeared that at the t
inquest
Dr. Burncutle had applied to be examined himself, and also
other professional gentlemen, as to the
kins, otherwise
cause of the death,
as
which, however, w refused, and the jury found the follow-
ing verdict, " We find that Elizabeth Hop
Howard, died from exhaustion produced from a protracted
laur, and we think that Dr. Burneastle has shown the
greatest inhumanity in leaving her when in labour ; and we
consider him to be an unfit person to continue • mical
officer of the Croydon Union. Mr. Justice Coleridge, ,after
after
recapitulating the facts of the ease, said • certiorari could only
be moved for when there was some defect in the verdict of a
jury. It was necessary in this use to consider whether that
portion of the verdict complained of was a part of the actual
finding of the jury ; if it was not, no notice could be taken
of it. The case of •‘ Ex parte Scratch was directly in
point, and was similar to the present one. In "Ex parte
Scratch," the jury found that deceased had destroyed her.
self whilst sullering uuder the cruelty of Mr Scratch. There
the party was a clerg) man of the church of England, and it
being considered a serious charge which hi, verdict of the
jury bad brought against bim, he wss'euspended by his bishop.
An application was madeto Mr. JusticeWightman for a certio-
t ran by Mr. (now Baron) Platt, but the learned judge
I asked if there was any precedent for granting a certiorari
where a jury bad found a fact in a verdict not relevant to the
matter actu-dly before them ; and it being answered in the
as
negative, the rule w refused. Now,
that that
whicwas w
they hahat thd
e
jury had done in the present ease by h
thought fit to say of the conduct of Dr. Burncastle. Ile (the
as
learned judge) w, therefore, obliged to decide that the
would ap.
plication of Mr. Bovill could not be granted ; but he
not dismiss the rile without ezpressing regret at being com-
pelled to do so, because he thought great injustice had been
done to this gentleman
this 13urncastle). He (the learned
jidge) did not express opinion with respect to what Dr.
Burnt:aide's conduct had been in the matter, but because
the jury had taken upon themselves to dmost injurious to
o that which was
not thei Their r duty. verdict had been
Dr. Burncastle, inasmuch as he had been dicharged from
his employment. He (Mr. Justice Coleridge) thought not
only that the jury had no right to express their opinion about
the manner in which that gentleman had acted, but that the
coroner had on wrong in receiving such a , esci-
ally as he had refused to hear Dr. Burncastiverdict e or hiswit-
' moan. For the reason he hail given, he was obliged to re-
fuse the rule, although he must add with regret.—Rule
refused.

COURT OF COMMON FLEAS.
lettings In demo.
A number of judgments were delivered yester : day. The
following were those of the greatest public interest
COCKS O. FURDAY.—AI4BIONMENT OF TH I COPYauthor of
RIGHT
OP A FoREION PRODUCTION.—fn this case the
certain copyrig
ht roductions (a foreigner residing abroad)
sold the copyrig to • foreign publisher, who assigned the
right of publishing them in this country to the plaintiff. The
question wax whether this was such a copyright as would en-
title the assignee to maintain an action against any one else
who published them in this country. The court was of
opinion that it was a good derivative title to the copyright,
sod that it was such a copyright as might be so assigned.—
Judgment for the plaintiff.
BliA/17 V. BAUNDZILS.—RIGHTS OF FACTORS TO DEAL
WITH THE GOODS OF THEIR FHINCIPALS.—The question in
good
was u whether a factor who had made advances on the
ods of his principal had a right to sell them at such prices
and at such times La he thought proper without the consent
of his principal. The court was of opinion that although, no
doubt, the factor had a lien on the goods, yet there was no
ca.. which showed that in law he had such • right to teal
with them.—Judgment for the plaintiff.
----

COURT OP EXCHRCIURR.
sittings in banco.
COSBETT v. SIR G. GREY AND JOHN HUDSON.—AC-
TION AGAINST THE 13011BECRETARY AND
or THE QUEEN'S Pamow.-- Sldr. Newton movedTHE for aKEEPER rule
to set aside an order to plead several plats or for leave to
sign judgment as for want of • plea. This was an action of
treapato, brought against the Home Secretary and the keeper
of the Queen's Prison, in which the plaintiff, an insolvent
and a prisoner within the Queen's Prison, complained that
under certain regulations, laud bp the former defendant

and enforced enforced by the latter, he had been illegally removed
from one pert of the prison end confined in another depute
meet, assigned to fraudulent characters. It may be review ,
hired that Mrs. Cobbett had, on behalf of her husband,
moved this court to discharge him on this ground, but tk.e 1,
court remanded the plaintiff to the custody of Mr. Hudson,
and doubted whether that officer was not justified by the
rules in removing the plaintiff under the carcumstanees of
his case to the objectionable part of the prison. They, how-
ever, gave no opinion on that point, sod left Mr. Cobbett to
raise the question by an station. This action was accordingly
commenced. end the defendants obtained on the 28th of
February a month's time to plead, during which interval the
Attorney•Oenerel introduced a bill to extend the powers of
the Boon Secretary as to the management of the Queen's
Prison, and that bill was referred to a committee on which
Sir George Grey sat. While the bill was in committee, es
the learned counsel stated, a new clause was introduced,
conferring indemnity on all parties for any acts done by I
them in carrying out the regulations issued by Sir O. Grey,
under the old statute; and the bill so altered received he
royal mint on the 28th of March, the
accord day
ingbefore
on the
the
defendant's time to plead expired. They ly
29th obtained a week's further time ; and tben, by
ined leave
iha Order
of Mr. Baron Parke, now complair.ed of, they obta
to plead: lat. The general issue by statute ; 2nd. A justifi-
cation under th old act and regulatinsuffions,
elent In in terms whiets it
was now submitted were bad and i law ; ani
3rd. An indemnity under the new act, which, as was
charged, lied been so smuggled through parliament for the
einxepgrealasep.uererposewoeffhiisapdoeweronnify.i:gderthtehellooldrnace St.ecrentare yofsinor
talffl
thought he bad good ground to object to the leave to
pl ad this third plea under these circumstances, and be prayed
that the order might be rescinded. It was also prayed, in the
alternative, that the court would give the plaintiff leans to
sign judgment, as for want of a plea; because the second pies
was not an tunable plea, being clearly had on the face of it,
for it did not in its terms bring the plaintiff within the regu
lations hatred by the Secretary of State under the old statute
—Sir F. Pollock was of opinion that no rule ought to issue
on either ground. The court bad nothing to do with the
manner inary whito
enter into the suggestions which bad been
thrown out by Mr. Newton on that score, for the court could
only take notice of the fact that the act bad passed, and that
it conferred a defence on the defendants which they had a
right to use. The order of Mr. Baron Parke was, therefore,
perfectly correct, as far as the third plea was concerned, and
as to the second plea the eourt could not be expected now to
say that it was bed and afforded no defence, while they had
formerly expressed a strop doubt doubt to the contrary. If the
plea was so bad as was alleged, the plaintiff might demur
to it or of his own accord sign judgment, without the leave
II of the court, and then its validity would be raised and de-
I sided formally. At present no rule could issue on that
I ground.—Mr. Baron Rolfe and Mr. Baron Platt agreed ir
Uric view of the case.—Rule refused accordingly.
This was the last day of Easter term, but there was no
great pressure of business.
---
SHERIFF'S COURT.
Defoe Mr. Under-sheriff nurchell.
ALI.CROFT O. 11OWLEA —LIABILITY or AUCTIONEIita.
The plaintiff, a musicaeller, sought to reCOVer from lit a.
an auctioneer, the sum of 171. 106.—1 t was proved
that at • sale by the defendant in June, 18hase for him 46, Mr. Allcrof a
t
instructed a person named Ben em to pas chase
pianoforte, and it was knocked down to him for 171. 104.,
tent st
seer
articles,
thh:fit
zuh,:t..
i:dhmestuerticei:h;pt:gehai, t
nb
etielp
spvtdi
ed::
i.
tr:rehid, .
.0:
0.11:
at
odutt
pti.
pbr
property
.yyhuwyha senttoh
ahui:i•ii:dflnzof
et edhail
dufideßergffe,w;t:dwlinhaerdraen.
defendant
hitictii
ai
defendant.
, u,r:
action oelimtrahmt
eie dheret .rhienr,pC.:
datutr
thßt
or
0. t
ovalthwearelu
eliict recover
ithhh,t
yadeepcaatofeicctanydtrhrt
boiu.edi.i.it
idnr:.
For the defence it was contended that the plaintiff's re•
nsedy was against Captain Gardner or .Nlr. Bennetts, and
not against the defendant in this cose, who could only be
considered an agent between the vendor of the article and
the purchaser.—The Undertheriff put it to the jury whe-
ther they considered that the defendant, after the ask was
complete, adopted the plaintiff as a purchaser ; if so, it was
the same in effect as if the article had been knoced dowa to
him in the first instance, and the defendant was table—The
jury found for the plaintiff, and leave was given for the de-
feoduit to move the court above for a new trial.

----
COURT OF BANKROPTCT.
Before Ir. Coinruiratoorr Dane.
It A PURLIIIII3III A TRADER?—CABs OT MR. RRT•
NOLOR —Mr. Davis, solicitor, attended before Mr. Commis-
sioner Fans, as the commissioner of the day, to open • fiat
against George William M'Arthur Reynold., who was de-
scribed as a publisheis Uonour expressed a doubt as to
whether the party came within the description of a trader,
ss required by the Bankrupt Act.—The witness who attended
to prove the trading stated that he knew Mr. Reynolds to be
a person who had bought paper for the purpose of printing
on it; he printed hi. own works thereon, and then sold them.
—Mr. Davie cited the case of Mr. Sherwood, who had been
made a bankrupt as a publisher.—The Commissioner could
not rely on a cue quoted from memory ; the solicitor must
search for an authority, and tind one in some regular text-
book, otherwise the application would not ho entertained.

COURT OF EXCI6IL—TIIVIIIIDAT.
DISCOVANT Or AN ILLICIT STILL BY lIIANA VIP A Honsc.
—James Fletcher was charged with removing spirits with-
out revisit, with intent to defraud her Majesty of the duty,
Mr. F. rargeter said he bad received information that
illicit spirits were frequently conveyed is &cart over London-
bridge, and was on the look out for it. He, how
ever,e fou
nd
nd
one of a suspicious appearance going down efollowed in pursuit don Bread-street-bill. The cart was
stopped, and on removing two Racks and a great coat he
found two large cans filled with illicit spirits 54 over proof.
lie accordingly took the man into custody, and seised the
spirits. Witness caked the man when he brought the
spirits from, and he replied from Loadon-bridge, by the
orders of a man be pointed to, who immediately walked
away. The man having been secured witness took the
horse on to London-bridge, and, allowing him to go where
' he pleased, hi priegoi cm!' bridge, the liorough, turning up Suf-
folk-street, and from thence to Chapel-place, where became to
a stand opposite a pair of gates. The officer had takes a key
teem the prisoner which be applied to the lock of the gates,
but it would not open it. He then tried it to the next door,
and it immediately opened the lock. Ile went in, could
find no communication with the adjoining premises. but
On his
return to the street a man hastily left the gateway, closing
the gates after him, and was shortly followed by a woman,
upon which the officer entered, and in. the back premises dis-
covered a still at lull work, with illicit spirits of a similar de-
scription to that just seized in the cart, lie arrested the
man and woman and conveyed the still to the excite ware
houses.--The many. dhe knew nothing of the goods be
Was required to carr—The court condemned the bores and
cart, and also the still and wassails.

POLICE.—YEsTERDLL
WORSHIP-STREET. —SAv a a a Ass T
aahomas
Minor, was finally examined charged with haying niulted
a lad named John Middlemore, by kicking him in
earl the face-
e,
whereby tbe sight of one of his eyes had been n y d
stroyed.—The prosecutor stated that while through
Nicholl's-row, Bethnal-green, in company outingt lad,
named Davy, in the afternoon of Sunday se'nnight. the pri-
soner advanced towards him in a state of i, and
without the slightest provocation commencedntoxication an attack upon
his companion, and kicked him several times. The prisoner
then turned round and struck the witness a violent in
the face, which knocked him down, and as he wasblow rising
from the ground dealt him a terrible kick under the eye,
inflicting a severe cut, which bled profusely and deprived
him of sight. The prisoner was immediately secured by the
police and carried off to the station, and the witness was con-
veyed to the London Hospital, where his injuries were
dressed, and nearly a week elapsed before he was sufficiently
recovered to leave the institutton.—The boy Davy entirety
said
confirmed the evidence of the preceding Davy en
that not the slightest provocation had been offered by either
of them to justify the outrage.—Mr. Minimal committedtheba
prisoner fur trial, but bad no objection to take good il for
his appearance at the sessions.
L A MBET II .—W KOLESALE SWINDLINO. —To-day , as
well u yesterday, the chief clerk has been
engag Mary
ed in
taking the evidence in the numerous cases against Mrs.
Rowley and her two sons, W. If . Rawson and J. Rawson,
of swindling and obtaining goods under false pretences. All
the prisoners were committed to take their trial at the Cen-
tral Criminal Court.
THAMES.—Tne Towea-xu.t. NuISANCE.—A number
of depraved and desperate women have for a considerable
time past infested the Tower-hill, and notwithstanding
the
all
the efforts of the police scarcely a night passes without
re-
commission of some daring robbery. From
ted eunset no
spectable person can pass without being subjec to outrage.
Margaret Farrell, who is well known as one of the gang,
was charged with robbing Mr. C. Wrakin, who stated that
as be was proceeding over the hill towards his residence in
the parade, at the Tower, the prisoner took him by the arm
three several times. Ile shook her off as frequently, and at
last, to get rid of her importunities, he gave her twopence.
Jut then he felt a jerk at his watch-guard, and she ran
away. Ile pursued her, and she was immediately after
arrested by policeman O'Connor, after a very fierce resist-
ance. Mr. Wrakin found be
ui had l
the oot his watch
stab le , an
told him
d as it
was not in the prisoner's poseeon con
to retrace his steps, and see if be could find it in the way.
He did so, end ultimately found his watch inside the rail-
ings of the Tower garden, the usual temporary place of de-
posit with this class of marauders.—The prisoner was com-
-"tted for trial.
--s----=-----------

MONEY MARK
FIL ET.
IDLT EVIWING.
We had some agitation in the stock market this
morning, with various reports in circulation to ac-
count for the continued fall in the fonds. The more
prominent of these reports was the formidable an-
nouncement that orders had been issued from Paris to
put the whole French coast in a state of defen
one
ce.
From the equivocal wording of the paragrap h in
of the papers which made the announcement such a
construction was placed upon the news. From
itself sub-
sequent explanation the great affair resolved
into the arming of some detached forts at the entrance
of the harbour of Boulogne. War with Eogland is
not, therefore, so near at hand as the extra edition
would have led to believe. The fall in Console
commenced yesterday, and, or .--no thc.n observed,
must have originated in CRUSEb %lite irrespective of
political circumstances. The previous rise upon no
other foundation the-She state of business in the

Stock Exchange, hasbeen naturally succeeded by a
reaction front counteracting dues in the same quar-
ter. No political event of any. importance has oc-
curred to influence prices either in the one case er the
other. Consols opened at 841 for money, and 841
for account, and descended to 831 money and 831
for
time, leaving off finally with a partial recovery, at,
831 to 1 money, and 831 for time. Such, iu short, is I
the story of the day's business and fluctuations.
Reduced Threes, 82 to 1. Three-and-a-Quarter per
Cents., 83; to I. Long Annuities, 81 to 9.16. Ex-
chequer Bills, for June next, 38s. to 415.• for March
next, 41s. to 445. premium. Bank St'ock, 189 to
191. India Stock, 229 to 231. India Bonds, 235. to
275. premium.
The depression in home stocks was followed by. •
collapse in the prices of foreign tecurities, in which,
however, the Lions were but light. Dutch
Two-and-a-/Islf per Cents. were lower, at 42 to 3 ;
the Fury, 62 to 3. Spanish Fives were quoted in
decline at 12 to 1; the Threes at 21 to 1 ; Passive,
21 to 31. Portuguese, 17 to 18. Mexican, 151 to
16. Peruvian, 38 to 40. Brazilian, 67 to 70.
Foreign exchange transactions exhibited little
variation, and were limited, as for some time past, to
the actual necessities of trade, to the absence of
customary dealings in estimation of profit from pro-
bble rise or fall in rates, upon arbitrated calculationat
s.
11Negotiations on Amsterdam were reported
12.4 ; on Rotterdam' at 12.41 ; on ' Antwerp at
25.55 ; on Hamburg at 13.141 to 15 ; on Frank-
fort, 122 ; on St. Petersburg at 34Paris (at
short), 25.35 to 45; on Vienna, 11.30 to 12; on
Leghorn, 30.80 to 31 •
1-01 but ' on Naples, 361 to 7 ,• on
Madrid, 41Paris at three months date.
On Lisbon, at sixty days, 511 to 52.
The following list of thimbletig drawing of Spanish
Deferred Bonds (being a twelfth part of the
to AngllB34)
o-
Cortes Loans srrear of intinterest,from 1823
into a pretended active stock, is extracted from
a El
lleraidn, Spanish paper, of the sth inst. The Herldo
describes the hocus-pocus as" Ejemeada con la mayor
solemnided t" Thus a close converted stock should
bear interest, but does not, and remains of no more
real value, therefore, than before :
A 4210
1163
C 170
11 255
E 510
1' 10 20
The flank of England averages, for the week
of the end-
, ing the 6th inst., give, as compared with those
week preceding, the following results:
Circulation tame £20,170.255
Ci0:re1neurna.1et3;44Z,...upneace5...e..u.......,11181,..:2113,:i9.13:3 .
, lDecrawncrease
312:709125
Publie
its
Other deposits ..... ,
'1 Other securities
Coln and bullion
net and other Mils 121,117267,3101i31 .....
iDter*cresNesee 313,325140
The net
The efflux of coin and bullion, as anticipated last
week, was moderated and reduced to an inconside-
rable amount on balance, partly, however, owing to .
imports of specie L rim the United States and Russia.
The notes constituting the reserve in the banking
department, were at 7,551,4551., less in
the rimy amount by
104,2951. than by the last account. From i
notion of government securities in the 'same depart- i
ment, it may be inferred that the bank was Ain
lessening its stock of Exchequer bills. i
Advices from Hamburg of the 9th inst. report that ..
money was easy there on good paper, which was,
however, becoming scarce. Foreign bills were in i
good demand, and direct on England 1 per cent. I
higher. Notwithstanding arrivals of gold and silver i
from St. Petersburg, 70,000 half imperials of the
former, and 700,000 or 1500,000 mares of the latter, t
with Dime expected from Riga on the day following, ,
few good bills were to be had. A quantity of gold I
was sent to Hull by the steamer, the mail packet re- 11
fusing to take any cargo. Bills on Amsterdam were !,
in demand. St. Petersburg were offered at 311.
Funds and shares materially higher. The siemension
of Mr. G. A. Droege, partner of the firm of Wonsan 6
and I)roege, of Havana, was declared, in consequence 1
of the disappointment of remittances. It is a Bri•men i
house, considered to be cautious and respectable in
their dealings. si
ti
A great bank, the greatest perhaps in existence 91
except the Bank of England, if measured by the ex- f:
tent and variety of its operations, as well as by its 14
vast capital possessed and acccssorily enlarged, is now
declared to be involved in difficulties, and compelled I 4:,
to rely upon the state for assistance to struggle out of a;
them if possible, although strictly speaking, it is no i'
offshoot of, has no intimate connexion with, there- s
fore has no absolute or indefeasible claim upon, the i;
state. The Societe Generale of Belgium is that bank, 4
and affords one other example of the perilous results
1
of any attempt to combine the hazards of commercial
and industrial adventure, holding out seductlve I
temptations of large returns of profit as they may, ,
with the more sober pursuits of traders in money, i
charged with the care and the distribution of capital,
not alone of their own but as custades of that of 1
clients and the community, and putting out accumu-
lated funds to usance so as but to dispense accommo-
canton and suppott credit, upon undeniable and
convertible guarantees, and at such moderate rates of
remuneration, as must necessarily be obtainable only
when the instruments of guarantee present all the
possible conditions of perfect security. By the
attempted conjunction, no less injudicious than im-
practicable with regard to safety of banking business
and commercial speculation, was felled at length the
mighty bank of the United States with its capital of
35 millions of dollars. The bank of the Societe Ge-
nerale has been brought into imminent peril of
mitering the same fate by the same courses, unless it
lam be averted, not presently and provisionally only,
but permanently, by the strong arm and intervention
of the government. It could scarcely however, under
any circumstances, become so complete a wreck as the
trans-Atlantic establishment, but loaded as it is with
illegitimate obligations of no realisable value, and
bound up with industrial enterprises of
all
lender kinds in
which it is a leading partner, as wellof
money, even government aid may serve only to
enable it to struggle on for a time to founder at last.
HANK Or EN (ILAN D.—Accin sr for the week coding Mei 6.
liens D ....... PT.
Noun Wald ..........06,176,255 corer en Debt,— £II.=LOS
Oold Coln andllullion r•15e.:.4•21
biker Bunion ..• ••• .. 1,.:,..5.Nn
X 6,176,255

£B6_l :6.955

Proprtetore Capt:al
Publto 000ltattoclud.
Excheq.,BW. Maio,
entesnlm. of Wallowa
t" am& Inv. Accts.) 2.436.781
Der
Uovollts ... 101414972
dovouoloyand °thee Bills 1,077,111
i. 31,753,900
May 110848.

: AAAAAA NT.
Government Securities
Onclud. loved Welstit
Annuity) . ...... £11.713.ras
Other Socuritka ..•
7A.A.C)5
Note. • • • ......
Gold and Sliver tAVASS.3

ENOI
Bank Bed.l 90
3 per nus , 82113
3 per Ct. Console. Ana , 841 4 1
aiiii
New 3t per Ct. Anta.B3l I
AnoultloLesp. 64h Jan., 1800,
81 9.16
Ditto 30 years. esp. 6th Jan., 1860.
8 13-16
FORBID?
per Ct. Basilian Benda, 70
Ditto lima% 'di
5 ig.relttli.l2iitgcan. 1846. ACC4"
6 per Ct. serusan Boodn, 39
4 pur Pt. Portinewa Acct.
18 174

EXCHANGER Ali

131,7AW0

M. MAItSTIALL.CiIIot (Wk .
Yll3lOB,
India Stock, 230 14
India Bonds, under £l,OOO, 27 P.
South Sea Stock, Old Anna., 80
Consols for Acct., 841 31 i
Ey= 111,1314, £l,OOO, 2$ and
Ditto NBA, 414
01110 Small, March, 44

I FUNDS.
6 Ifropi r floods. WI. from
Ditto Acct.. Nay 15, 371 2 12
5 per CylpentshiSelkv,urnll6, 3
3 Iran C 4
gt? n
22 r_ t. kaela.. 12 gall.
4 2 2

STOCKS ABROAD.

----------i;---t 11
.1. _ .9. ----___..---_
taus. list Al. . 11,00 .. -----. ,
1 .-4---te--7-11 60-1.1e."'4b". U-'49177
19.1&114.01 'I ih - i iii lii
Do. . ..... 1.
6 .
44 Ds. ...... 6s 1 „ "
I" I "
Masbanse on Langan : No tram:teflon.
Rideau 6.1840.... cdt Money' Napier Itgett•.. \ 73 UOT.ei.
Do. 6.1641..• . 091 . Kogan bona .. tdi ..
Do. lj ...... . • .. .. Trltialty Bonds 29
Do. 11., .... , .. Nutt finsre. .. 1430 ~
MADILIIII, MAT 6. —.Three per Cents., 221 paper ; Fire per Cont..,
14 cash; Passivett, 54 raper; Coupon', 89 lower ; Rank of St. F. r..
Minna, ex die., 90 eMh, 96 paper. Exchange on Loudon at 90 days,
41 paper.
- ----------'l.-------•

RAILWAY NEWS.
Our share market was not so good yesterday,
though without any material decline of prices, owing
to the remarkable depression in the Consul market,
which should rather, however, direct the attention of
parties proposing the investment of money for interest
returns to good railway lines, in which the fluctua-
tions of valise are not now so frequent and strong es
in the funds.
RAILWAY BILLS IN PARLIAMENT.
GROUP 2. Room 34.—end le;Bl, in the chair
you Doncaster,
and Lincolnshire; MancheMer, South-lunation, and Altrinclum ;
ISO 12. Pm/rubles proved and agreed W.
GROUP 4. NOOII 3L—Sir Edmund Hayes in the chair.
—Vale of Kea : Oxford. Worcester, and Wolverhampton. Pre-
ambls proved and clutews agreed Ps—MLitt, Worcester, and Wol-
verhampton aoroki—lncrease of medal. Preamble proved, classes
postponed.— Worcester, and Wolverhampton (No. 2)—Devia-
dons, and to empower the Ohrewsbury and ituvaingltam, and Ilse
Birmingham, Weleezhampton, sag Dudley Beltway Companies, to