The Sun.
London, England, 1849-06-21 00:00:00

STATE OF TRADE.

The market may be concisely described as exhibiting,
on the whole, much steadiness in prices, along with a
very perceptible want of animation, and an amount of
business by no means large. We need not enter much
into particulars. It appears, however, that, although
the operations in various widths of shirting, in mado•
pollams, in printers, and in certain other light
and medium fabrics, are not extensive, this is
evidently owing quite as much to an indisposition
on the part of manufacturers to receive contracts, as of
merchants to give them. In executing what orders
they have, the latter find the former, not only with-
out stock, but under engagements for some weeks
forward ; and it is with difficulty they succeed in
supplying their present needs. Under these cir-
cumstances, prices do not indeed rise, but they
are decidedly firm. On the other hand, al-
though recent purchases have somewhat reduced the
stocks of stout domestics and T cloths, these articles
still hang heavily upon the market, and, if not lower,
are certainly stationary in value. Certain kinds of
T's and domestics are, however, scarce, and in fair
request. Yarns are not marked by the same degree
of firmness as goods. The continental houses are
doing very little; and the India and China mer-
chants are proceeding with much caution in their
transactions. Spinners for home manufacture are rather
indifferent about selling; while, at the same time, the
consumers show a backwardness to pay the advance
latterly demanded. On the whole, restricted as is the
extent of business, there is a good deal of stt adiness in
prices, and it is only in exceptional instances that any
concession is made.

ROCHDALE, MONDAY.—The improvement in the de-
mand fur fi innels last Monday has been fully maintained
to-day. The wool market remains dull, with little or no
change in prices.
HUDDERSFIELD, TUESDAY.—Not much business is
doing for the home trade, either in the warehouses or
Cloth Hall, which may probably be accounted for by it
being the near approach of the general season for stock-
taking by wholesale houses. Orders to some extent still
remain to be completed; and a fair business is doing in
goods adapted for the American and continental markets.
Several foreign buyers are in the town.
HALIFAX, SATURDAY.—There was rather more in-
quiry for some descriptions of goods in the Piece Hall
to-day; and there is, we understand, somewhat more
doing in the warehouses; but the trade is far from being
active, and !here is no improvement in prices. The
spinners continue to be well employed, and the quota-
tions for yarns are fully sustained. But little wool is
changing hands, and prices are still drooping.
LEEDS, ',TUESDAY.—AIthough the transactions at our
Cloth Halls these last few weeks have not ►.no..
note, we may nevertheless state that the general busi-
ness done to order, and at the warehouses, is of a
most satisfactory character. Stocks of low and
middle qualities of cloth have been much reduced
in the manufacturers' hands—many an order is still
In the course of execution, and it is gratifying to add
that some of these are for markets which have been
forbidden ground for us during the last six years,
owing to the prejudices entertained in favour of
continental cloth. These are encouraging signs
for our manufacturers; of whom it is but just to
say, that they strained every nerve to maintai❑ a
competition in neutral markets, and who, were it not for
the enormous advance in wool at the last German fairs,
would reap the advantage due to their efforts without
any difficulty ; but we apprehend a serious check to this
tendency may be expected from the high prices which
they will have to insist on, when the new and dearer
wools come into work.—Manchester Guardian.

LAW INTELLIGENCE.
'COURT OF QUEENS BENCH, June 20.
RCGERS V. RUSSELL.

This was an action on a guaranteed bond to recover
from the defendant, Mr. Frederick Russell, a leather
cutter, the sum of 1781. 16s. 9d. It appeared that the
defendant and a person now deceased, named Garrett,
were sureties for a Mr. Henry Edward Russell, who was
appointed a collector of paving rates for St. Margaret's
and St. John's parish, who became a defaulter to the
above amount, and who is now undergoing imprison-
ment in Westminster Bridewell, for embezzling money
from the 'Westminster Life Assurance Office, in which
he was a clerk. His father had held the office of col-
lector for some years before, and had unfortunately
been a defaulter in the amount of 2491. 10s. 2d.
The son, who was one of his father's sureties, stated
his willingness to the Commissioners to take upon him-
self the default of his father, provided they should ap-
point him to the situation which his father had resigned,
and which was not worth so much as 501. a year. They
agreed to appoint him on condition that the money was
paid, and it was accordingly paid by a Mr. llawsett,
who was one of the sureties of the elder Russell.
The father and son then covenanted to pay the amount
to Dawsett, and the place was given to him. Such are
the brief facts of the case.

Mr. Rogers, the clerk to the Commissioners, proved
the making of the bond in 1843. He would not swear
that the defendant Russell knew that the son had bound
himself to pay half the defalcation of his father. 301.
a year wns to be paid to him by H. E. Russell for Daw-
sett, and he did so out of the poundage to which he was
entitled out of the rates collected by him. The arrange•
ment was made, he believed, without the knowledge of
the Commissioners.

Mr. PETERSDORFF, in the absence of Mr. Sergeant
Wilkins, addressed the Court on behalf of the
defendant, who had pleaded that the guarantee bond
had been obtained through fraud and misrepresentation.
He contended that the defendant had been disingeniously
deceived by the Commissioners—that he was led into an
agreement without this important fact being communi-
cated to him—that if 301. a year was deducted from the
salary of Henry E. Russell, that it would be safe for
him to become his surety—that if he was bound
by pecuniary obligations which might not unlikely lead
him to appropriate the money of others for his own
purposes, he would most unquestionably have declined.
If a person drew another into a bond, it was not only a
proper, but a social obligation on his part to make no un-
derhand sinister deed like this, The Commissioners had,
therefore, deceived him in a way which was most discre-
ditable to them. They had broken their contract alto-
gether. For instance, Russell was bound to render
monthly accounts, and never to hold more than 501. ;
whereas nothing of the kind had taken place, and he had
been allowed to hold very large sums. He trusted the
jury would protect the defendant.
Mr. Edward Russell, who was then examined, swore
that his uncle, the defendant, did not know that
he had bound himself to pay 301. a year out of his
poundage. He goodnaturedly became security be-
cause another uncle at Greenwich had refused.
He was aware. of the defalcations of his father. The
if h
bound he whe
irme
seu appointed, t
o pay t 075
l.which
a year
Commissioners were perfectly aware that the money was
to be deducted from him; indeed, at one of the meetings
had
of the Commissioners, he was asked if he would pay 501.
replied m thatoney h
he had he
forthe
been compelled to raise to meet the defalcations of his
father, and that he could not; upon which the Commis-
sioners agreed to accept 301. a year.
Mr. WHATELY replied, and dwelt upon the improba-
bility of the defendant's ignorance of the terms of the
bond to pay the 301 a year. It was altogether impro-
bable that the Commissioners were aware of its existence,
and but for a technicality he should have called several
of the Commissioners to show that this was so, and that
no such conversation as that referred to by the witness
'tassell had taken place.
Mr. Justice ERLE held that tho Commissioners had
not been guilty of any fraud or misrepresentation. The
bond Is as not made with them or with th• it consent, but
with a private party for a private purpose.
The jury, after a short consultation, found a verdict
for the amount claimed.

Sympathy among men is beginning to be felt. The
extremes of society are approximating each other—the
zenith and the nadir of life are drawing together. The
great democratic principle of equal political rights is
compre.sing society to as near a level as nature will
justify. Remote nations shake hands with one another.
Conventional rights are giving place to natural rights,
and the government of force is giving way to the govern-
ment of popular will and sincere action.--Eliza Cook's
Journal.