The Northern Daily Times.
Liverpool, Merseyside, England, 1856-02-18 00:00:00

he value of that metal in other count

ents its importation at a profit. We are not
from the high price of gold abroad, but

sufferit

m its 10

fixed and market value in this

The corn laws kept

grain out when we had a

certain quantity at home, and the low fixed value
placed upon gold now keeps that metal out, causes
the exchanges to be quoted against us, and leaves
us with a scarcity of the precious metals, to justify
rates of discount! We have
only the amount of circulation fixed according
the bullion in the coffers of the Bank of Eng.

usurious

land, but we have the import and purchasing price
of gold fixed by statue. To talk, therefore, of our
having Free Trade in money in England, is bare
faced imposition. None but a Whig who clings to
the traditional motto of his party—" usury rausury !'
—will attempt to gull the public by saying we have
Free Trade in money. Mr. MusTz has taken a
course by far too moderate,
considering the fiscal
and commercial exigencies of the times. A
committee to sit and consider this
make a report in 1857, which Parliament
may be called upon to consider in 1858 would
scarcely bring the country that timely relief it so
much needs, "To borrow on usury brinagmsosnugddthene
" beggary," was a favourite proverb
Romans, and in Cato's time, many patriotic
heard to declare
qutncunciall Now, if five in
the hundred were usury in ancient Rome
with its citizens' imperfect knowledge of the
wants of trade and industry, and was considered

Ir, to

senators

were
.s" abominable

oppressive, how much more so must it be in these
days, with the proof we have before us of the

,ration of rates of interest ranging
ten in the hundred ? We do not want a

baneful Or

„ trom

HERACLITIIS to weep over the wrongs of commerce,
but we do hope some man in Parliament will take
a bold stand against usury, no matter what his
compeers may think with respect to the right
principles of Banking restriction, and currency.

THE subject of Law Reform was brought before
the House of Commons, by Mr. NAPIER, on Tues
day night. The learned Member drew a dreary
and rather disgraceful outline of the way in which
our laws are made, which, when filled up with
details embracing the complaints of the public,
formed a very sad and painful picture. In
this work he . was ably seconded by Mr.
LOCKE KING, who said
"
justice perpetrated under
e tchoem p
el tte ne tusr
eo
ff
" law, and of the expen" had been made for
manys
e
oefar
" time that some measuresy elegal
and proceedings,
o diicveeeehniggsh,
asnhoulfd be taken for
et
oneohue
d laws
b e
wreemreedtyhien
gsuthbjoescetsevoilfs.comMplayinet
governing the
traced
seyosnt
ve me n
itehnatt
mw ao sd
ea t
of
tt
eo
be the
the
hmei lmi t aorsyt
time found
" people of this country, and the result of changes
" which had been made had been merely to
" substitute subtle and secret oppression
" for the savage barbarities and the open
" cruelties perpetrated in past ages." The
honourable gentleman then went on to reite-
rate that which is heard from almost every man's
lips out of doors—namely, that the law of England
was shunned, ridiculed, and dreaded, instead of
I being appealed to, respected, and loved; that no