The Express.
London, England, 1847-10-28 00:00:00

4.

1 AUT I 0 N.—A. ROWLAND and SON, 20
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orecedleE that of the Ort., ritA shier rtin.uore at
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-----It'lliaDiN 19 AND NIKTHDAY PRESENTa. -
sOMMER L Y'S ART-MANUFACTURES,
ocetcned by eminent English artiste.
hus Warr 19..,,Aa0. v. 5., Ana home. COILDIRN !Caper
„knat—,Matuctudof Doe.? a ea, V St—Of PO ILITY.Or UNA AND
„Witri. 13 h.
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AVOID ;
with Diet Tablet for all Complaint..
By R.I. Cro.vinertm, M.D. M.R.C.S.r, L.A.C., he.
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a Oriel beppineru and read. la health the MD period of
wryedbad of Sherw to nue.
.11. mood, 23. Patermeteretcor; Cemajho. 141. ins.l.
i„,,; Mae, 39, Combill ; Mahon, 431. West Strand ; or dime roa,
nmethrr.l9.Antel-Plafe. Ementelmet.

TEST INTELLIGENCE.

THIS DAY, Four o'

We are happy to find that in Liverpool banking
lairs are assuming an improved aspect. The
directors of the North and South Wales Bank con-
tinue in anxious deliberation, and there is reason to
hope that arrangements will be made for an early
resumption of payments. The directors of the Royal
Bank are also anxious to resume business, and only
await the acceptance by their constituents of the
propositions contained in the annexed circular:
Royal Bank of Liverpool, Oct. 26, 1847.
Sir,—With a view to relieve you from the inconventence
seising from the present position of the Royal Bank, the
6.,,ti0 beg m submit dik• -feuwist preinattion, in the
hope that by general concurrence In it the bank may be re-
opened, yin., a payment of one-fourth part of your deposit,
with interest, in cash, on an early do ;
in promissory notes of
One-fourth at three months after the bank, bearing ia-
f
Oce.fourth at Os months after tereat at 5 per cent.,
One-fourth at nine months after until the day of pay.
l.mett.
Should you wish your deposit to remain, irrespective of
the above proposition, you will please to communicate the
same, and the period that may elapse before it will be re-
quired.
As a meeting of the proprietors is fixed for Saturday, it
O requested that your answer may be transmitted so as to
be received before that day.
I am, your most obedient servant,
J. CHAFFERS, Manager.
We are sorry to find, by the following letter, that
the Directors of the North and South Wales Bank at-
tribute the stoppage of their company in some degree
to a statement which appeared in this paper on the
evening of Friday, the 22nd inst. From the com-
mencement of the present monetary crisis, we have
been most sedulous to abstain from giving. currency
to rumours in any degree affecting commercial credit;
and to no statement has publicity been given till, by
diligent inquiries, we had, as far as possible, assured
ourselves of its truth. In this instance it appears
that, notwithstanding our usual precautions, we were
misled, which would not have been the case if the
London agents of the bank had given the statements
which were in current circulation the prompt contra-
diction which Mr. Rae assumes. We nevertheless
regret that any repot should have found a place
in the Express likely to prejudice the interests of any
party. Our apology is simply this, that the stop-
page of the North and South Wales Bank, a
report of which is acknowledged in the letter
of Mr. Rite, the secretary, to have been cur-
rent in the principality for some days, was
matter of common conversation in the City on the
morning of Friday the 22nd., and that an announce-
ment of it was posted in the public sale-rooms
in Mincing-lane early on that day. The gentle-
man who furnished us with the intelligence, anxious
as always to be assured of the truth of such
statements, called upon a banking firm, and was
there informed that the report had been heard and was
credited. The currency of the report, the publicity
given to it in Mincing-lane, and the confirma-
tion received upon further inquiry, seemed
to leave no doubt upon the subject. We I
may add, that no formal contradiction of the
report, which had been in circulation throughout the
day reached us till after 5 o'clock, when we were
waited upon by a gentleman from the London and
Westminster Bank, previous to which, however, we
bad stopped the press, having received such infor-
mation from other sources as induced as to withdraw
a statement which we cannot but regret should have
found a place in any portion of our issue.
North and S,iuth Wales Bank, Liverpool Oat. 26.
Sir,—Early last week, the stoppage of the Royal Bank in
this town, followed by that of the Liverpool Banking Com-
pany, occasioned an uneasy feeling with respect to this
amongst other establishments; and the immediate conse-
quence was a run upon our deposits at the head office, which,
however, exhausted itself in a few days. Thefeeling, however,
spread into Wales, and was heightened by various malicious
reports to our prejudice. and occasioned a steady drain upon
the deposits at several of our branches. Arrangements were
immediately set on foot to place the hank in a position to
meet any probable continuance of the drain.
Whilst these arrangements were in progress, a paragraph
appeared in the Express of Friday last, flatly announcing
oar stoppage.
It was in vein that our London agents, looking at our
account, promptly contradicted the report, and that the
report itself was utterly untre. The Express circulates
largely amongst that class who are our chief depositors in the
principality, and hundreds saw the report who did not see
its contradiction. The effect was not merely a run upon us.
The report exploded amongst our branches like a 'hell, and
literally blew the bank up. Traversing a large aggregate of
liabilities in a few hours, and at twenty different points
without notice—without an instant of time allowed us to
tura in-4 rolled back upon the head office a volume of
demands for yesterday morning which it was impossible for
is to meet. . .

Perhaps the results of this paragraph to no may teach
contributors to the press to exercise caution and forbearance,
particularly at a time when the commercial atmosphere is so
charged with discredit that a single word is sufficient to
muse explosion. I am, sir, your obedient servant,
GEORGE Raw, General Manager.
To the Editor of the Liverpool Courier.

Her Majesty will hold a Privy Council at Windsor
Castle on Saterday next, at one o'clock, at which an
order will be agreed upon for further proroguing par.
'dement, from the 11th of November to a future day,
when the legislature will meet for the dispatch of
business.

APPALLING SUICIDE IN ST. PAUL'S
CATHEDRAL.
. _

This afternoon, about a quarter-paat one o'clock, the
heighbourhood of St. Paul's was thrown into the greatest
Mate of alarm, in consequence of the following most
appalling act of suicide, committed by a gentleman at present
mknown. It appears that the deceased bad gone into
the Cathedral for the purpose of inspecting the various
departments, and having reached the whispering-gallery,
ha was observed to turn and look around him in a wild
maner, and in another moment he piecipitated himself
therefrom, a distance of nearly 140 feet. It is, of course,
needless to add that death was instantaneous. The body
. .

wss conveyed to Bartholomew's-hospital. Upon thi
Person of the deceased wee found a purse containing six
sovereigns and some loose silver. Every attention was
paid at the hospital, and Mr. Lloyd, one of the house
surgeons, opened a vein in the neck, in the hope of
metering animation, but without effect.
The deceased was attired in a pair of grey trousers and
black dress-coat sod black waistcoat.

IMPORTANT POST-OFFICE NOTICE.
The following notice was issued yesterday from the
General Post-office:
" General Post.office, October, 1847.
"The Postmaster-General of the United States having
given a notice for determining the agreement under which
the correspondence between Great Britain and Canada has
been conveyed, in closed mails, through the territories of the
United States, a well as all other agreements subsisting
between the Post-offices of the two countries, the mails to
and hoin Canada will henceforth be landed and embarked
at Halifax. Nova Scotia, instead of Boston, as heretofore.
" All lettere and newspapers, therefore, addressed to Ca-
nada, will in future be forwarded by the way of Halifax,
N.S., unless specially directed to be sent by some ether
route ; and as the arrangement., under which United States
postage has hitherto been collected in Canada is also sus.
' gentled by the notice alluded to, all letters for Canada,
Iwhich the writers desire to have forwarded by the way of
i the United States, should be addressed to the care of par-
ties in the United States, or they will otherwise be detained
Lfor the postage due for their transit through the American
" 'tl%Tpostage on letters, to and from Canada, forwarded
rid Halifax, N.S., will be le. 2d. the half-ounce, as at pry/-
lest. but nn charge will be made on newspapers either in
the United Kingdom or in Canada.
" By command of the Postmaster-General."
These regulations will take effect on and after the 3rd of
November next.
POST-orriea.---Nzw REOI7LATION9.-011 and after the
eth of November, letters exceeding four ounces in weight,
Vneted
tbe pre-paid in money, or in stamps. With this re-
*ction, any weight may be sent by poet, but the packet
it not exceed two feet in length, and nothing should be
which will not bear the crush is the letter bags.