The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-27 00:00:00

THE BANK CHARTER AND THE CURRENCY.

The following is the substance of the petition
from the Association, presented by Mr. Ewart on
Monday evening :
" That your petitioners being deeply interested
in the prosperity of the trade, commerce, and
manufactures of this- country, regret to find that
the committee of your honourable House, ap-
pointed to inquire into the expediency of renew-
ing the Bank of England Charter, is mainly com-
posed of men pledged to the existing system, and
directly interested in its continuance.
" That the secrecy of the proceedings must
tend to impair public confidence in that com-
mittee, as tending to show the existence of a fore-
gone conclusion, on the part of her Majesty's Go-
verninent, 'in favour of the renewal of the Charter.

" That, without entering into any discussion of
currency theories, or suggesting any particular
remedies for grievances which all mercantile men
must feel, your petitioners think it highly essential
to the public welfare, as well as to the character of
Parliament and the Government, that the inquiry
into this important subject should be conducted by
impartial and able men, unpledged to any particu-
lar system ; and also that it should be an open
one, so that its proceedings may be reported whilst
in progress, and opportunities afforded for the cor-
rection of erroneous evidence, and misstatements,
if any such be made.

" Your petitioners therefore humbly pray,
" That your hon. House will be pleased to adopt
such measures as may be necessary to render the
inquiry into the Bank Act of 1844, and the Bank
of England Charter thoroughly searching, honest,
and impartial ; and also that your hon. House will
give additional efficiency and credit to the delibera-
tions of such committee by removing from it the
seal of secresy."
And your petitioners, &c.

LATE MEETING OF THE WARRINGTON
AND STOCKPORT RAILWAY COMPANY.

GILBERT GREENALL, EsQ , M,P., AND W. C
FOSBERY, ESQ.

At a meeting of the Warrington and Stockport,
Railway Company, held at Warrington on Tues-
day, 27th February last. Mr.W. C. Fosbery, being
in the chair, and Mr. Gilbert Greenall, M.P., (late
chairman,) not being present at such meeting, cer-
tain observations were made by Mr. Fosbery, which,
especially as reported in the Liverpool and Man-
chester newspapers, were calculated to convey
serious imputations against the character and
motives of Mr. Greenall, Mr. Charles Holland,
and other gentlemen who had been previously
connected in the management of the railway. By
these observations, especially as so reported, Mr.
Greenall felt, and had a right to feel himself,
aggrieved.

Satisfactory explanations having taken plac e
between Mr. Fosbery and the other gentlemen
concerned, Mr. GreenaU applied to Mr. Fosbery to
relieve him from the imputations thus publicly
expressed, but denying the accuracy of the most
offensive part of the reports referred to, Mr.
Fosbery did not feel himself at liberty to adopt, in
its fullest terms, the explanation suggested and
required by Mr. Greeuall.

Under these circumstances Messrs. Greenall
and Fosbery agreed to leave the matters in
difference between them unreservedly to the
arbitration of Joseph Pollock, Esq , Judge of the
Liverpool County Court, each of the gentlemen
binding himself to abide fully and implicitly by
Mr. Polleck's decision.

Mr. Pollock, having carefully inquired into the
matters so referred to him, has coal() to the con-
clusion that some of the observations made by Mr.
Fosbery, under considerable excitement, and still
more, others reported to have been made by Mr.
Fosbery, but denied by him, were calculated to
give pain to Mr. Greenall, and to convey, especially
with regard to the legal expenditure and the
pegotiations of the 'Warrington and Stockport with
the Manchester and Sheffield and Great Western
imputations on Mr. Green all's character
Companies)
and conduct, for which Mr. Pollock finds, and Mr.
Fosbery readily asserts, that there is no founda-
tion. _ _

Mr. Fosbety has therefore felt bound to tender
to Mr. Greenall, and Mr. Greenall has at once ac
cepted, Mr. F.'s expression of unqualified regret