The Northern Daily Times.
Liverpool, Merseyside, England, 1856-07-08 00:00:00

MANUFACTURER.

APPALLING ACCIDENT ON THE RIVER.
THE Coroner and Jury who have to inquire
intc the fearful calamity which occurred on Sunday morn-

ing las

and whereby ten persons were killed and a great number

of others seriously injured, having considerately suggested that

• , .. , _
steps should be taken to relieve the Sufferers and the Wives and

Families of the Dead,

A PUBLIC SUBSCRIPTION
Has been entered into for this purpose, healed by the lthyor; and

I Contributions are earnestly solicited

MR. JAMES LIVINGSTONE, and I Will ad as Treasurers
MR. JOHN Y &TES, JUN,

ISubs•riptions will be rece:

ti at tile Exchange

Athenaeum, and

Lyceum Newsrooms; at the Borough Bank ; at all the Newspaper
Offices ; and by the Treasurers.

(Orbe 3qtailjtru

TUESDAY, JULY 8, 1856

T

intelligence received from the United

States, by the last mail, will convince all impartial
men that the PALMERSTON Cabinet meant war
with America, on the Nicaraguan question, at any
cost, and that we have been saved from that
calamity by the good sense of the people of both
countries. Whether this species of good fortune
will continue on our side it is impossible to say.
There was evidentit

a strong feeling in Congress

in favour of the abrogation of the CLAYTON-BULWER
treaty, at the risk of war, and this feeling
has no doubt grown rapidly out of doors,
since its discussion took place in the
American Senate. The whole danger and
confusion, however, is now confined to the

Respectable names will always command credit,
and all mercantile men desire is to be protected
against the worst consequences of misfortune.
When a man lends money to a trader, for three,
five, or ten years, and then withdraws it, if that
circumstance should lead to the insolvency of the
firm, is that any reason why the capitalist should

be made to refund the money he had lent for a

definite period of time, and lose all ?

And yet

this is what the Opposition contended for on

Friday night. If a trader, who borrows money
on a share of his business, fails within three
years after his partner has withdrawn his money,

they would make the latter refund all the profits
he had received during the three years' preceding
insolvency. This was Mr. SPOONER'S amendment,
but his arbitary notion was rejected, by a majority
of twenty. And as the bill now stands the worst
that can befall those who lend money to a trader is
the loss of all, which appears to be an inevitable
sequence, and the act will provide that no portion
of a loan made on profits shall be recoverable
until after all other creditors shall have been fully
satisfied ; a provision which will put a stop to a
system of " clearing out," which takes place now
by sleeping partners, armed with judgements and
executions for " money lent."
Few changes could be devised which will be
more acceptable to the trading public. The
present practice is one which may be described in
the language employed by Mr. MUNTZ in speaking
of the proposed alteration in the law of part-
nership. It is fraudulent, collusive—open
robbery, and so the tradesmen of Birmingham and
every other town in England have found it. The
defenders of the commonwealth of commerce
claim, however, the protection of publicity.
They would have every trader who borrows money
publish to the world the amount he borrows, and
all other particulars relating to his affairs. But
this is not necessary. The use of the word
"limited" where a partnership exists will be quite

sufficient as a notice to those with whom he may
have any dealings. Those who wish for more
minute information, can obtain it by applying to the
trader himself. The public have nothing what-
ever to say to the transactions between A. and B.
If either party wants information he knows where
to apply for it, and if he hears anything but the
truth he has his remedy. Yet this will not satisfy
the monopolist who seeks to keep traders within his
grasp. He must tack conditions to the possibility
of a poor or embarrassed tradesman's getting the
help of capital, which would render him as danger-
' ous as a hyena, and as much to be avoided as a
leper. And every enlightened and reasonable
being, who desires to see the industrial aryl com-
mercial resources of this country further developed,
will rejoice at the defeat monopoly experienced in
the Commons. The attack on the Partnership
Amendment Bill will, no doubt, be renewed in the
Lords ; but its opponents in the Upper House will
fare no better than Messrs. Mmirz and SPooNER,
as the measure is obviously both necessary and
just.

Less Shipped 1855-56 1
742,556 71,577
than in 1853-54
More than in 59,430
By the Overland Mail we have advices from
Adelaide, South Australia, to the 12th of April.
Large transactions are going on in flour at 231,
and the market was very stiff at that figure. Butter
and candles were quiet. Java brown sugar was
quoted at 381 to 3812 s 6d. Seasonable soft goods
were saleable, at about 35 per cent over cost price.
Dates from Melbourne of April 3, state that the
Royal Charter (s), from Liverpool, was very
anxiously looked for.
The Portuguese government have submitted to
the Chamber of Deputies a bill demanding a loan
of 1,500 contos of reals (about 340,0001. sterling),
for the purpose of constructing railways and other
public works, during the next session.
Accounts from the Vienna Bourse at the close of
the week report great firmness in the Austrian
Funds, with an animated market. The 5 per Cent.
Metallics rose 4 per cent on Saturday to 84, and
the 44 per Cents. the same to 74 Austrian Rail-
way Stock advanced to 252 ; and shares of the
New Bank of Credit to 382. Lombardo Venetian
Shares to 134 Exchange on London, 10-2.
Although the rates of Exchange are against the
transmission of gold to the Continent, nevertheless
small parcels continue to be sent off to Paris and
other cities; and it is anticipated by some parties
that this drain will affect the Bank returns of
bullion this week.
Tenders for loans have been invited by the
following Railway Companies :—Great Northern,
for three years, at 4 per cent per annum ; East
Lancashire, for three, five, or seven years, at 4.1 per
cent; Manchester, Sheffield, and Lincolnshire, three
or five years, at 4 per cent; and North Staffordshire,
for three years, at 44 per cent.
The closing quotations of Consols stood at o 5

to 951.
At the close of the day's business Railway Shares
were thus quoted :—Caledonian, 614 62. Eastern
Counties, 10 7-16 10 9-16. East Lancashire, 97 98.
Great Northern, 95 96. Ditto A, 78 791. Great
Western, 6214 63. Lancashire and Yorkshire, 981
London and North Western, 1081 100. ManchesteKt
Sheffield, and Lincolnshire, 341 351. Midlan'tt
Stock, 84 84+. North British, 38 39. South
Eastern and Dover, 741. York, Newcastle, and
Berwick, 87i 882. York and North Midland, 631
64k.

COLLEGE OF SURGEONS.—Mr. Silvester Grimes, of St
Helens, was admitted a member of the Royal College of
Surgeons, England, on Fr.day last.
MR. BRIDGES' LECTORES.—MT. Bridges, the Liverpool
phrenologist, is at present delivering at the Concert Hall a
course of lectures upon the character and life of William
Palmer, the murderer, as illustrating the science of
phrenolocy.
REV. HUGH STOWELL BROWN.--A lecture was delivered
by the Rev. Hugh Stowell Brown, in the Elm's Tem-
perance Institution, Toxteth Park, last night, on the
subject of " Russian Proverbs." The Rev. Mr. Harcus
occupied the chair. The lecture was one previously de-
livered by the lecturer on more than one occasion, and
reported at some length in this journal.
BIRKENHEAD POLICE COURT.—The business of this court
yesterday consisted chiefly in disposing of the drunk and
disorderly cases which had occurred since Saturday. A
very serious assault case, in which three persons attacked
one man, during a quarrel on Sunday night, was to have
come on for hearing, but was postponed in consequence of
the injured man n,t being able to be removed from the hos-
pital, from the blows and kicks he had received in the

struggle.
TESTIMONIAL TO MR. ARNATTD.—The testimonial offered
to Mr. Arnaud by the mercantile and trading public of
Liverpool, upon his retirement from the office of collector
of customs, was yesterday forwarded to the residence of
that gentleman. The testimonal was exhibited for a short
time previously in the Chamber of Commerce. It consisted
of a portrait in oil of Mr. Arnaud, by Mr. Robertson, of
Liverpool, a magnificent silver epesque, and an ebony
casket, inlaid with silver, containing the presentation
address. The epesque and casket were wrought by Mr.

Mayer, of Lord street
PRESENTATION TO CAPTAIN LOWBER, OF THE ECRISSON
—The passengers by this splendid vessel have been so pleased
with their voyage across the Atlantic, and the polite treat-
ment received from the captain, that, to testify their esteem,
they have presented him with a beautiful silver cake-
basket, &c., which is now on view at the establishment of
Mr. John G. Jacob, silversmith, 56, Church-street. It is
very handsomely chased, and bears the following inscrip-
tion :—" Presented to Captain A. Lowber, by his passengers,
as a token of their regard. Liverpool, July 7th, 1856."
Signed,—William M'Donald, Wm. Webster, George W.
Roberts, W. B. M‘Grath, Peter Miller, George Jacobson.
Cant. Blanchard, T. Lombellow, Theo. Horton, Urzi.
inque, A. Fortora, M. Engleman, Henry Shafer, John
White.
DISSOLUTIONS OF PARTNERSHIP.—W. Morris and A.
Morris, Sowerby, Yorkshire, worsted spinners; J. Mann,
D .Mann, and J. Mann, Northowram, Yorkshire, fire and
brick makers ; J. Kirk and W. H. Furniss, Liverpool,
merchants; T. Beveridge, J. Hedley, and J. W.
Chandler, Preston, Lancashire, ironfounders ; W. N.
Monies and J. Simpson, Manchester, commission agents;
J. Scott and J. Stevens, Manchester, commission agents;
D. Peckover, B. Ferrand, and J. Thompson, Bradford,
Yorkshire, wool merchants, so far as regards B. Ferrand
G. B. Brewer and John Walton, Liverpool, merchants :
J. H. Brancker and E. Brancker, Liverpool, stock and
share brokers; R. Watson and J. Crook, Preston, cotton
cloth manufacturers; J. Barber and W. Worthington,
Manchester, Chorlton-upon Medlock, and Salford, con-
tractors and stone merchants ; D. Neilson and J. B.
Neilson, Liverpool, stock and share brokers ; I. Levy,
I. Danziger, and M. Bernston, London-wall, City, and
Melbourne, Australia, merchants; J. Morison and R. C.
H. Skafte, Liverpool, ship chandlers ; B. Gill and .1
Waddington, Barnsley, Yorkshire, dyers ; R. H. Clegg
and W Imray, Liverpool, general brokers; T. Coulston,
John Coulston, and Joseph Coulston, Lancaster, bankers.
CORONER'S COURT.—Yesterday the coroner held an in-
quest on the body of Sarah Waddle, the wife of a man in the
employ of the Health Committee, and who lives at No. 7,
Oriel-street, who was found dead in her bed on Sunday
morning. The deceased, who was above 70 years of age,
had been very ill for some time past, and was perfectly un-
able to assist herself. Verdict, died from natural causes.—
Also, on the body of Ann Brown, aged 45, the keeper of a
swinging host, and who resi led in 26 Court, Back Portland
street. Toe boat by which the deceased was killed
belonged to Benjamin Shelton, and at the time of the
aecident contained about twenty young persons, and was in
rodswh ob
wasroke
the owner
wenaeUrs eodf
an
eas deceasedseidde
fd
deceased expired almost immediately..
There was a fracture in the iron rod, which, fr.om the weight
boatafud full
adjoining
i ntoi swingg fall when
boat.huep no
no
Then tehoe
of the parties inside, gave way. The jy, in returning a
verdict of accidental death, declared that the owners of the
boat in question had been guilty of a want of caution, but
not to such an extent as to bring their neglect within the
limits of manslaughter. they at the same time declared
that such amusements were most dangerous, end that they
should be put a stop to. The Coroner concurred in this
expression of opinion by the jury, and observed that he,
fur his part, would not cease in his efforts until such a dan-
gerous practice, strangely termed an amusement, was put an
end to in the town.