The Northern Daily Times.
Liverpool, Merseyside, England, 1856-07-19 00:00:00

THE NORTHERN TIMES.

he loses by dirorderly customers, as Parliament
will find by their blue books.

The rejection of Mr. OLIVEIRA'S motion by the
House of Commons must therefore have taken the
country by surprise. The honourable member
my asked his hearers to take the matter into
There was abundant evidence
show that in every case where the duty

leration

lad been in

ased t

.he consumption

drunkenness, and

e kept on increasing in a huge ratio

To illustrate thes

is Mr. Om

A stated, that

in .It3U

2 the population was 15,000,000, the con-

sumption of spirits was 15,000,000 gallons, and
the consumption of wine 7,000,000 gallons. In
1811 the population was 17,000,000, the consump-
tion of spirits 17,000,000 gallons, and the con-

sumption of wine 5,000,000 gallons. In 1825 the
population was 20,000,000, the consumption of

22,000,000 gallons, and that of wine

allons. In 1831 the population was

)0, the

consumption of spirits 26,000,000

and the consumption of wi

In 18

3 the y

population

ns, and that of wine to 6,000,000

:urea show what has been

under currents of national

and less in-

excluded to favour

hat foreigners drink more wine and

less spirits than we do, and that they are sober
people. The CHANCELLOR of the EXCHEQUER was
forced to admit, that " if the duty on wine be car-
" ried to so low a point as to make it cheaper to
" consume foreign wine than colonial, or foreign,
" or British spirits, or even beer, then undoubtedly
the consumption of weak wines would be greatly
" increased in this country." This is an avowal
which the advocates of temperance should never

lose sight of in debating the subject. But mark
how Sir CORNEWALL LEWIS argues his case. After
contending that, as our fiscal system is now based,
the duty on wine should have some reference to
the duty on spirits, on which so large a portion of
our revenue depends, he goes on to say that
" the duties upon those other classes of fermented
" beverages would in fact operate as a protective
" duty upon wine, and wine would be introduced
" into this country under cover of a dispropor-
" tionate duty upon spirits and beer. But so long
" as a due proportion is observed in the rate of
" duties upon those different classes of fermented

liquors, whether produced in this country or
" imported from abroad, I believe that it is vain
" to expect that any considerable quantity of the
" weaker wines of the Continent will be consumed

"in this country." Here it is quite clear that the
CHANCELLOR of the EXCHEQUER looks more to
revenue than to public morality.
Sir CORNE WALL LEWIS sees, in the 33,000,0001. he
says we pay annually in taxes on cur fermented
anti unfermented beverages, the sole m9ans of
meeting that terrible exigency of which the London

akes so much, before it has enquired from

lence it arises

But how comes it, tliat levying

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING

The same quiet feeling noticed in our report of
Friday last, has continued to prevail throughout
the past week, and owing to the market being freely
supplied, buyers have had a slight advantage in
the middling and lower classes of American
Cotton, though it does not amount to a quotation.
Surats being scarce, command full prices. Other
•.•

are withon

t change. The sales of the week

amount to 38,080 bales, 30,010 of which have been
taken by the trade, 2,570 on speculation, arid 5,500
for export. The sales to-day are estimated apt 8,000
bales, 1,500 being for speculation and export- The
committee's quotations to-day for fair cotton, are as
follows, viz. :—Bowed 6-ad, Mobile ad, and
Orleans 7d per lb.

The Liverpool Share Market opened with a firm
tone, which was maintained throughout the day,
and a moderate business was done at full prices.
The closing quotations were :—Aberdeen, 14a 14R.
Chester and Birkenhead, 161 17. Caledonian, 30;,
30N. Chester and Holyhead, 16 17. Eastern
Counties, 10 3.16 10 5-16. East Lancashire. 21121 k.
Great Northern, 23 24. Ditto A, 9,1 98. Great
Western, 61 611. Lancashire and Yorkshire Stock,

97Z- 98. Liverpool, Crosby, and Southport, 184
19. London and North Western Stock, 1071 107'4.
d, and Lincoln, 332 33a Ditto
13-16 15-16 n. Ditto Pref., 124
q.orth B

lanehester, Sh

Newt
I2a.

Berwick, 211 211, York and North Midland, 31 311.
Leeds Capital Stock, 18 181. Buffalo and Lake
Iluron. 1 1.16 1 3-16 p. Dutch Rhenish, 2 15-16 3p.
stern of Canada, 261 26g. Ditto New
5-16 31p. Great Luxembourg, 9i 90.
of 2s per cwt has
of PY C. having
ioq 6d to 53s per cwt, and N. and S. Ame-

Great W,

Shares

rqllow a further
several

been obtaine

)arcels

rican at 50s to 53s per cwt. The London market
has been very excited, chiefly owing to the very
reduced stock, which is now only 13,080 casks,
against 44,824 casks last year ; the closing value
yesterday was 52s 9d to 53s per cwt on the spot, for
the end of the year there was rather more disposi-
tion to sell at 51s per cwt. The half-week delivery
is 1,774 casks, against 647 casks last year.
Advices from Akyab to the 23rd May have been
received. We quote the following from the circu-
lar of Weinholt, Mohr & Co. :

Reports from here begin to contain little of interest, the
season must be considered as closed, and the time is draw-
ing near when the shipments become due at home.

The exports from Akyab during
the period from Ist Nov, 1854,
to 31st May, 1855, amount to .
In June, July, and August, '55,

Tons.
150,226

were reported

20,834

Giving a total export last season of .. .
The exports from Ist Nov, 1355, Tons.
to 22nd May, '56, amount t 0... 151,883
Of the ships in port, only the
Victor, Sitka, Gloucester, Da-
nubio, and Estrenella, receive
cargo of an aggregate tonnage of 2,500
And as we do not think that any
more Rice can be made avail-
able until Nov. and Dec., the
total of this season's shipment
will not reach beyond

Shows a falling off com'd with last year of about 16,667
Prices since last mail have ruled at from 83r. to 84r.
(9s. 6d. to 93 8d per cwt, f.0.b.), but within the last three
or four days all shippers but one completed their purchases,
and as there remained only the one barer in the market, he
had it in his power to reduce the market to 77r. or 78r., it
is said (Bs. 91 to Bs. 10,11. per cwt, f.o.b). Na quantity,
however, could be secured at these rates ; only three or four
boatloads, of 200 to 400 baskets each, coming to market
daily, and the slightest competition would immediately
cause another rise. We have had several heavy thunder-
storms already, and expect the rains to set in with the new
moon, about eight days' hence, Freights without any quo-
tations. Exchange drooping.

Last evening the third series of colonial wool
sales this year commenced ; and, judging from the
first auction, they are likely to proceed with much
heaviness. Already the prices realised are id to 12d
per lb lower than those current at the close of the
last sales, and the withdrawal of about 10 000
bales from the quantity advertised for dispose' has
been announced. The immense arrivals of the
article from Australia, and the dullness of the con-
tinental markets, have necessarily occasioned a
decline in prices, and many are of opinion that a
further reduction will take place before the close
of the present sales.