The Express.
London, England, 1858-09-07 00:00:00

LIVIRPOOL CHAMBER OF COMMERCE.

11WENT COMMIIRCIAL AND BANKING
D ILLINQUANCIILL

At the half-yearly meeting of the chamber, held
.griopsy, the. C. Breams. lathe chair, a report, of which
dj'-- paining's • samarary, was submitted with respect to the
porstiom of the hali-year
e ;pa hUI on the subject of the bankruptcy law amend.
sec wag he tatiothree lust melon and as it wee found
w ferry wet the regulations of the tuning." egesgonce
ember, it h.d received the support of the CAINCii. The
Wroth hell she remised and petitioned is fevour of the
Met Berth Bsakire Companies But, praying, however, for
gews depth pablicationot neonate, eepecially with referems
whichever'', of ma int asurseam. The council had also .
imenres in favour .1 the Pertanalaip Restoration
shies, though withdrawn List lession would be tmin-
widow& Arrangements hal also be made to is-
• the Unto,: Wells Bill c,it
Ths lsw velethig to debtors residing in Assign
mortis bed sin received careful considevation,
am rotegreport on this reject pdatiee oat the
of certain parties to the United
=ggi Weerprinered sad Weed to members. The
smart she celled agitation to the circular which had been
weed in Tehrssry, explaining the Was of the law se re-
price prints ersingements with creditors, eed illustrating
the select 111 the recant decielou of " The Queen v.
weer, harlihi bilk of caching* ftendalretly obtained.
ni, nom pending is Canada end elsewhere es to pre-
bond awdraineets to crediton was seder in
ad. ion by
onggershil In committee. The nano] had been given
te minetsmit that a scheme for the establishment of
✓eseds of commerce wee in emporia/on by the legislature.
Ahmstra we drawn to the report of the rmaimlttee of the
thessalComenom on the Beak Charter Acre. The sti4ed
of gehritort of ladle had occupied the "Magic. of the
ugael, sad the eel lass" posed embraced, to a metals n-
ow, gam of the suggestioas which they had made. The
fern an the rossuhr metros bad been prepared and for-
guided to lir. Illordell. Th• pima of the Frisch govern-
omit, hr othelairg labouters from the meet of Africa foe
am West ladies and tenth Americas adonis", had
steihned to receive the etheitha of the
eremithe. The council exprt and their seUityios
d the reeorsairssietica of the committee of the
isms el Criesarse for the Pdadt-toll. In reply to the re-
sissisheiess of the anned wish hoed to the meat edict
of the Illecisen governesses impish, a tea ea espied, May
ohs wand that the Itrittsh tttdmtmw is Nei= wee h-
ewed ss orsiiame bh rhea apish the eget. • ghat
hes of inforsessioni boo WIN a ieNed by the oenndi es the
embed ef the earns duty o. the menedadase of pew, het
N. meat rreolutii.n of the He.. of Comm solids que-
ues hod tended greatly to ~have them of their Mears. A
dogmatise Irene the throbs, to the Treasury and the
herd if Zonis had been hat on the question of dill
hey apes ddleissiey d spirits in hear" sad they
woes wend het the 'abject would receive outdid oonaidera-
Ws. The Twenty bad also been memorialised oa the palm
pet d oitalaiag metheles ef the bemire, &liveries, sad
decks ol beaded goo* but se reply had se yet bees re-
ceived. The ornal hod em reemorietierf Ma goverameet,
tut without snow, Limit the Bahiat of as improved petal
remsnaiestioe mai the West Coast of Africa. The
Liverpool Improvensiat Bill bed pad, sad the town
weed The to treaty with goverment for the wee-
Ma of • ant pee-othe ooupgmeme to the public
ethos. The subject of the coseenti.
eicerioe with It. ',bred had also =lll attention.
With to the dig natal rates of swim* for good.
tenses Mearlester and Lints' and Masehawer and Liver-
pool, the council were lippy to report that ma alterations
hal been made a. would to some extent remove the griev-
ances to which Liverpool had hitherto Wen eebject. At the
✓ia of the Bond of Trade the coup it had obtained and for.
warded information as to the enrage rates of daily wages
paid to labourers in the die tact. In alludieg to the ;im-
pend Wet of the Notional Amocislion for the Promotion
of Social he lace, the council eupreesed their readiness
ID CO VOW% SO tar as possible, with the objects of the
menden."

TM CNAIIIMILX, In moving the adoption of the report,
drew attnedwe to the depart of the Committee of the House
of Commas wow the Beak Cherter Acts, and to the omen-
Ma et which they had arrived that a system of exteneive
Midges mete, created by mesas ot accommodation bilk and
open credits, was the canoe of the panic of 1847 sad 1868.
He read extreme from the midterm adduced by Mr. Coleman
end Mr. dell, two maisent London accountants, which
&owed that the prtt-cipal came of the calamities of 1847 sad
1868 was overtrediag. Mown, Coleuses end Ball, how-
ever "Larked this difference between the two periods, that the
bowies which Isll in 1888 had, with ahw eamptione, never
pommeled adequate capital to conduct excessive traneamions.
Alluding seat to the law which now permitted joist Kook
hems to Wait their liability, the chairmen said it remained
to be seen whether the proprietors of present or future banks
would not =girt upon their being placed under
the operation of tide principle. One thing Mr. Bmbell
regarded ea quite certain ; that no joint stock bank
would IN rotate be witabliehol anywhere upon the unlimited
priacipie. (Boar, hear.) Attar quoting alao on
this subject trout the Porliaatonory Committee's Report, the
Cheinam, ellndieg to the nominal directors of banks bowleg
so real control over the state of their =Lire, hoped that the
decoy -duck system praltleed by the Liverpool Borough sad
other banks wool t be abolished. With regard to the Borough
Beak, he remarked that the hallowed meows of Rattans=
and Cropper aught never to hem been placed in the position
ef dbmtors. Thew guillemots were 'wily of nothing bat
the usdertaking ef duties which they knew it woe Impossible
for them to NM The information, too, which aloes would
haveambled them la astral the ramagentest of
the bank wee dried them Dwelling upon the question of
the governmemt el Win Mr. Modoell maintained that if that
ematry waa to program •it oorrenonding to it, Iro-
podium it coieM only do so upon • *Mem such work
somnn.2l based than say which could be derived from semi
program the mesh ef istelleotual advaamoset.
Mr. HOILS7ALI, ALP., eh* earoodeet the adoption of the
report, noticed with more minutrnme than that docassest
Well the action which had boss taken by the legislation
aye may ef Ime smkpesto to which the report referred.
While alive he the Imperlases ef the Christian
MOW' in INS, be eseeimded lie. IRMA the peat dig- 1
inky witch mehitin cerryteg eeithh sues* by • Mil. Mr.
poste the. particular Missiles le the Weals
tithe present mese raguletiose by which duties IMO Da-
iwa %FON spirits lest or deadest in t'.. id,, and =en-
dowed am or two mess Is which their operation wag not oily
lett ahead. It would be better (he said) to dis-
pense with the board of auto, altogether than that they
Amid teals epos duty seder sonic circumstance. In feet,
hie *pintos wee that the whole of the dudes of the lICISO
sight with gnat advantage to ooeseseree, sad as lauseneeme-
Mute she teastry. be trusehmed to the Beard ef CoNSONNL
Mr. Blows, hi l'., wMaagpy4 the reesestles, theeght
thet the Beak of Bogituid, by {eetieg M the swenee of the
bills theemelves, eci at to thelr 'adornments, aid gamileg
sputa racer of o intnercial speculation whisk weld taw
pace at interval. in • country like thie—m4ll4 ethirthate
eery aeweh to remedy commential disasters. The
et blare natality to beaks would, In him( Mr."g=
r:inrely treader the mile erishig teem evertredas frees
arehoWaes to the public.
Mr. DAMSON described the operstiono a the balliGyeer
whit rsi.esos et reforms In the &pertain' of the (imam-
dol law,
Mr. FOILWOOD expressed hie =Kasai= with the remit of
the ante
`gam eatered for a reeved= Ban NS. to ea.
pa tea
riage Mu hen lisacheeter la
aunt ragutith whith aoald set bailing@ the them trade,
bet road beset the' trzeummity mareny. With
respect to railways theseelmellr. Formed lame that the
matisual Margesom of eaalyl smogs, althea • ear-
raposchag restriction of he d, would hbg ahem* a Mo-
ms Mao la that case d paprty, ad UM a petrel ties
would take pieta is tea table is air to sake up for
the deb. melee In dividend.
Mr. C. E. itawttits, jam, dwelt apes the Injurious abet
which a revival of the slave trade, malt/ft ism the Peer&
ethane d thaigretlea, Waim* mimed epee the ea•
pate of pain di an este= tram the Rea Math el
Kr. C. ti..t.LILISD bathe the retheedbility a the 11=c4
Lglesd with eu red le the rem* eametaid lOW maid
lei be aver by She., vie themid the eerawreciel
tealtheasaae while the the eththible nee alas dinesere.
C paean& ageiset break seem being
mil fa she mosekiiihsessl ef the Dbeisties relighe is lab..
The report wee Um edepted„ Moeller with resohatione as
l• the appoisamet d two vice-mweidests, mil other Mace
amsra.

Ms. Rainri, M.P., b ploptolag • ids if thous to 66
lIMI, ida es be Moodomra &away same Ins pepsin-
big is beseesidy so beM be upend.

Live IP OOL 11.A01•12,AVIS AND RICAN
Oise ULT. ealberei sewed Riebeed Mar, km.
siesia at the ddip remody wytwel deo dim
(Muss. dabwillay siesinessi dyads Ileesbisess. et that
*IN he was etesed dude, et dot dip Ikea
Ire Odom to Llvespeel. WNW et llw Odom ep-
bwiel art Widow wee weselled es • drop of wesekiss
• white hi, era bad is gsla TM* the saytaia paid. The
ids ewe MOW lastoshwaltee Ord thepi mobs wendd
wehlphil US dr eiptois ,Ow the
!Write to
rdsteleids the oesepideesti lobe wend hem bawl
Sam so a aim le didey the km inwesses. L
Ile esswee INlncleteelon, ten. We* Ned 11Liddesk etemeelle NNW
lbw de wooed was et owth sato% eh“, bed • date
temeataad it, wit • shies d.Or timid have lam levied de •
ttta Yes. Herb mid thee the hemmed received by the
=Cnitteeted • disuse, as web a easeley se the
ow The conduce of tie caplets wee nest par
ekedbed w
aved W Woman free' w, y, MI
IW., ne ellasisslag tie ere. be Mo.=
*INS emptaisest to be eentel ta Oft% lime "bin
Oa WNW la atlas be Weighty bad orestod bba weld be
Sweer at eabjesties bum to tie acct ersd mid betbereso
eeesc ...
User To Woutrzorts.—On Theredey lest the
York Oleo Compeey gave all that, write* and &sir
We% atavastleg to above 4* a stip to boultoteeb.
las woman tree Itighly tyytedabid by thew, NA dr day
Pawed of wet pisiewiely. They. we emeepeehd by ti.lvo bieds mewed wide tbe trealeolery, taboo Weems
law eabseeed the pleurae d lb. day. Tile to me the
lusasaird dwis r
andehle64o...taaopiey
dlaystrslikrilekeelle ctaddiredes.
m...41..t0the
eateable err
troy alike drip 111•1151 y. bees
Atra'vi rived, we multiplies it will sot be Me last /Orb