The Sun.
London, England, 1849-05-22 00:00:00

BEER AND ANOTHER V. MOORE.

This was an action which was tried before the Chief
Baron at the last sittings after term, at Guildhall, and in
which a verdict was found for the defendant.
Mr. GREENWOOD now applied for a rule to show
cause why a new trial should not be granted, on
the ground of misdirection, and the improper exclusion
of evidence. The action was brought by the plaintiffs,
who are attornies, to recover the sum of 261. from the
defendant, being the costs incurred in a case of Moore v.
Brooking. The defendant denied that he had given any
authority to the plaintiffs to institute the proceedings,
and the plaintiffs tendered certain letters which had
passed between the defendant and his agent, and which
they contended was a sufficient authority for them to
proceed. On the trial the Lord Chief Baron refused to
admit these letters, and on that ground application was
made for a new trial.
The Court took time to consider.

COMMON PLEAS.—(THIS DAY.)
The Judges in this court were Lord Chief Justice
Wilde, Mr. Justice Coltman, Mr. Justice Cresswell, and
Mr. Justice Williams.

No ease of sufficient importance to justify a report
came on during the morning.

MONEY and COMMERCIAL. NEWS
CITY, QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were esti-
mated at from 7,000 to 8,000 bales, including 6,000
American; 800 Pernam and Maranhams, 44d. to 511;
200 Bahia, 4-id. to 5d.; 500 Surat, 3d. to W.; and
Levant, 9,1. to l lid. per lb. The market cicsed firmly.
In Railway Shares only a limited business was done.
The fluctuating state of the weather proves rather in-
jurious to our home trade, although understood to be
not unfavourable to the growing crops.
The steamer Cambria is telegraphed as having arrived,
and some particulars which we have in town are interest-
ing. The money market was in a comparatively
favourable position, and although the cotton failure is
still insisted upon, it appears to be admitted that there
is time to put in fresh plants.
Tbe riots in Canada having been suppressed, there is
no question of more immediate interest in the colony
than that of the great trunk railway. In the official re-
port it is stated:—
.‘ The mails, troops, munitions of war, commissariat
supplies, and all public stores would naturally pass by it,
as the safest, speediest, and cheapest means of convey-
ance. If a straight line be drawn from Cape Clear, in
eedlatbtyerthisr,etehedraeyfosreneoanrtlyhe,
idniresctetarmouetres:
and as the sea voyage across the At
Ireland, to New York, it will cut through or pass close
'lantic to New York
sx.horTtehn
mtoaHyableita
it is not improbable that on that account,
when the branch railroad to St. John is
completed, and other lines to connect on with those in
the United States, the whole or the greater portion of
the passenger traffic between the Old and New World
would pass through Halifax, and over a great section of
the proposed railway. But the great object for the
railway to attain, and which, if it should be able to ac-
complish, its capability to pay the interest of the capital
expended would be undoubted, is to supersede the long and
dangerous passage to Quebec by the Gulf of St. Lawrence.
To make two voyages in a season, vessels are obliged to
leave England earlier, and encounter the dangers of the
ice in the Gulf much sooner than it is sate or prudent for
them to do. The loss of life and property which has oc-
curred from this cause, and returning late in the autumn,
has been enormous. It cannot be ascertained, but pro-
bably it would have more than paid for the rail-
way. An opinion may, however, be formed of it from
the rates of insurance, which in the spring and
autumn are as high as 10 per cent. A much
higher rate than to any other part of the world. The
navigation of the St. Lawrence is closed for about six
months of every year. During the whole of this periad
all the produce of the country is locked up, and neces-
sarily lies unproductive on the hands of the holders.
" The surplus agricultural produce of the year cannot
be got ready to be shipped in the season it is produced.
In the winter of 1846-7, it has been stated on good
authority, that 500,000 barrels of flour were detained in
Montreal at the time when famine was raging
its Ireland. As soon as the season opened, there was
such a demand for shipping to carry provisions, that the
ordinary course of the timber trade was deranged by it.
" All this would have been prevented had the railway
been then in existence.
" Fur six months in the year then the St. Lawrence
would cease to be a competitor with the railway, and
large quantities of produce would be certain to be for-
warded by it.
" For the other six months of the year it would
have also the following strong claims to preference:—
Rapidity of transport, the saving of heavy insurance,
cheaper rate of freight from Halifax, vessels engaged in
ine Canadian trade could make three voyages to Halifax
for two
to Quebec. The trade which is now crowded
I into mouths, to the great inconvenience of every one
concerned, necessary
rendering large stocks
on band, would be diffused equally over the whole
Year. It is most probable that these advantages
will be found so great that only the bulky
and weighty articles of commerce, such as the
very heavy timber, and a few other goods,
will continue to be sent round by the Gulf of St. Law.
rence. If such should prove to be the case, then the
proposed railway would have as much or perhaps more
traffic than a single track could accommodate. The
cost of transportation, it is calculated, will not
be too high on this line to admit of the
above results being. realised, and in that case more
"spe-cially if the capital can be raised at a moderate rate
of interest, it is considered highly probable that it will
even in a commercial point of view, be a profitable un-
dertaking."
The continental advices are again of a complex cha-
racter; and this affecis Public Securities, although, con-
sidering the further great fall in the French renter, the
steadiness of Consols is a strong proof that no
uneasiness is felt here as to our becoming
`embroiled, and the abundance of money, it is concluded,
will rather be increased the more uncertainty prevails
abroad. The arrivals of specie by private ships are
constant, and must in the aggregate make up a large
amount. Consols have been 11011 to 91 for Transfer and
Account. Bank Stock has varied from 1931 to 195. The
New Three-and-a-Quarter per Cents. have been 90 to
90i. Exchequer-bills are 4fis. to 475. premium.
Foreign Stocks are quite neglected. Spanish Three
Per Cents. realise 32i and Portuguese Four per
Cents. have been 274. Brazilian are 77i. Mexican ex
Coupons have touched 284 and 29. Dutch Two-and-a-
-$& per Cents. have been 47 to 41.
In Railway Shares there is not much doing, and the
prices of the English lines have varied but little, though
ralhor in favour of buy era. The French ►,ihares are