The British Press; or, Morning Literary Advertiser.
London, England, 1826-04-19 00:00:00

The important subject of the Corn Laws.oTtpiett ifist
attention *of both Mese' of ParliaMent last night, ►or
more especially that of the Commons. In tl:e Lv;rd•,. •
sooversation arose on the presenting of a petition by 104
CALTHOItP/1 from Birmingham, praying for`thtir repeal
in doing which his Lordship said that lie believed his in:
tition embodied the sentiments of all the manufacturers at

the kingdom on the Tit stion, and be complained that one
of the gnat erfls of the Corn Laws was their tendency tls
produce discord between the manufacturing and agritifil
tura! classes. lie then accused . Ministers of placing the
landed interest in an invidious point of view, by not OM
forcing (causing to be enacted?) such measures as might -
be beneficial to all classes. The Earl of Livss POOL U.
pressed his surprise at such an attack upon Ministers, whey
he hail himself declared, in the last Session of Parliament/
that be whole system of the Corn Laws ought to be re-
' vise& Bat his Lordship thciught that this was not a
proper time for discussing the subject, considering the
many circumstances which ought to be well weighed Mote
so momentous a question ought to be brought before Par*.
liament. lie distinctly stated that he did not think that
the subject should be discussed during the present Session
but he, of entitle, admitted that it was competent for ani
Noble Lord to bring the question before the House in 14
shape of any specific motion. In the !louse of Continently
alto, Mr. W. Virairunas brought forward his motion*,
• CommitteattO revise the Corn Laws; on ishieh-itt.Holls
iiesov noise, as an amendment, the prcvious quessksag
'declaring, liihe Lord Lrvaaroot, that this was not the
proper time for enteritri into the disctission of such a iab.
jest. Afters long elebstle, the original motion was nem
tired, on a division of al to M. •

Three or the present Member{ for the City having sigk
nified their intention of withdrawing from public life, Ms
wAan, a Merchant and Bank Director, has been ituriteti
by t numerous body of merchants and others, conneateti
with' the shipping and trading Interests of the City at
London, to offer himself as a candidate to represent it
the approathing General Election. The adveitited list of
the names of those persons from whoM Mr. WARD la;
received this invitation, presents as strong and as honours
able a testimonial aa it ever yet fell to the It of any indis
vidual to receive on such an occasion ; anti he can hare ifti
better guarantee for his success. Wa this t.tquist!ion
alarmed the civic patriotism of the Times journalist, who
no socner read this list, than, forgetful of his recent abuse{
of everything connected with Commerce and the City, he
becomes on a Sudden. up M the ears in love vilifi Charters-
and Corporations, and can endure no freedom bit the free-
dom of the City. "It is observable," says he, " that the
great majority consists of men who ate not liverymen, why
have no connexion with the Corporation of London, whet
in fact, are not citizens in the proper sense of the word, se
they neither live in the City, nor perform any of those sir
ful and laborious offices, for the due execution of whielb
the City charter was granted, and for the neglect of whieb
the charter would certainly he forfeited." The Giants iii
Guildhall must no doubt feel themselves grievously Han+
dalited that any of the merchants of London should whit'
to have the interests of the Metropolis ably and faithfully
represented by those who have not
" Their heads with service silver'd o'er,"
in the dischavge of those laborious functions which Moult
gained, and, as we all know, alone perpetuated the City
Charter ! "It is fit and reasonable," says the writer,
" that those persona whose lives have been spent in labour.
ing for the servipo of their falow-liprytnen, Amid ma
such honours and rewards as the Lively have in their powet
to bestow."

Without knowing Who these very disinterested persons
may be that, with a generous disregard of their own con.
cerns, have spent their lives in labouring for the service of
their, fellow liverymen, we would fain ask who it is that
intercepts the reward of their heroic generosity ? Not Ms.
WA RD certainly, as, by offering himself as a Candidate, he
will rather stimulate than put a stop to the labour of those
devotees, whoever they are. • That very weighty poems
among the Liverymen consider their rights, sind the right*
of their fellow citizens, quite safe in hits hands, is manifest ;
and it is too much to assert that there can be no patriotism
out of that body. The party, whose cause the Tinges
would eagerly espouse, is obviously alarmed at the intro
auction of this new Candidate, anti finds its interests nos
a little menaced by the powerful support WI openly an..
flounced in his favour. As for Mr. WARD, his fitness for
the situation to which he aspires is well known ; his prind
ciples will stand the test ; and the popular choice, there is
no doubt, will at the ensuing election confirm the judgment
which his private friends have thus publicly paned *pot!
him.

CITY, TUESDAY EVENING.

With the exception of the gossip relative to the new',
Loan, the subscriptions for which, as we stated yesterday;
amounted to about nine millions, the City to-day has beet
free from reports. The funding is epoken of in tertn4
diametrically the reverse of each other by the different'
parties interested in the measure: the one rays that it hat
answered the full expectations of the Finance Minister;
and the other party, with equal confidence, asserts that
flit
was anticipated forty millions would be subscribed flit
and if that had been the case, there would have been IL
buoyancy about the new Scrip that it will now always be •
stranger to; because then it would have been in demo*
subscribers only receiving a third or a quarter of what tbef
wanted; but as is at present the case, each subscriber red
ceiving the amount of his application, a quantity of it mai
necessarily be in the market, for it is well known that •
larger sum is always written for in affairs of this naturi
than is required; the consequence is, the oserplus son
come into the market, and dcdress it. The price of the
new Stock to-day is par to pm.
There bas been but little doing in Consols to-day, bee
still the market was firmer at the close than at the cum.

mencement of business. The first price was 781, and the
last 794 1. Excheq►xr Bills were 6s. Ss. pm.; and Indite
Bonds 4s. ss. pm. The Old Four per Cents. are Hi
there is, in consequence, an apparent bonus of two per
cent. in favour of the holders of the New; yet, taking the
difference of the payment of the dividend, it amounts only
to one Per cent. It is quite evident that either the Ohl
must fall or the New must advance, as the holders of the
Old can immediately make an exchange and clear ono
per cent.

There was not so much fluctuation in the Foreign Mar.'
ket to-day as we hare recently witnessed. Mexican Six'
per Cents. were 611 611, Colombian Bonds 40, Peruvian.
ditto 251 6, Russian ditto 761 4, Greek 14k, and Spanish
Shares continue unsaleable.

The General Steam Navigation Company's packet, the
Earl of Liverpool, arrived from Ostend, with passengers,
&c. in fifteen hours. She made the passage out, on Satur-
day last, in the short time of thirteen hours and ten minutia.
Letters from Buenos Ayres, dated Jan. 2, mention a ris6.
pid rise in the price of colonial produce; sows articles had
risen as much as 160 per cent.