The Sun.
London, England, 1847-10-12 00:00:00

THE SUN,

the hands by which these undertakings are to be car-
ried on, and renders the very causes which require an
augmentation of the currency, the certain means of
ruinously contracting it.'
" 5. That in so far as the existing monetary laws
neutralize the excellence of the banking system of
Scotland, this chamber has always viewed them as
directly subversive of the best interests of the coun-
try. Free competition in banking, a numerous pro-
prietary, unlimited responsibility, and a paper cur-
rency convertible into silver or gold on demand, has
been by long experience matured into a system better
suited to the wants and trade of the country, safer in
itself, more economical and convenient, more impli-
citly relied on by an entire people, than any system
ever devised by any state for the service of its sub-
jects ; a system which no state can give, and which
no state ought to be allowed to mulitate or take
away.
" 6. That in the opinion of this chamber no effec-
tual remedy for the evils existing in the monetary
affairs of this country can be pointed out short of the
repeal of the various Acts to which these evils can be
clearly traced."
A more crushing and unanswerable exposure of
the atrocious follies of the present system it is impos-
sible to conceive. And we should be glad to see the
Chancellor of the Exchequer compelled to give a ra-
tional reply to it. Meanwhile, however, the car of
our commercial Juggernaut rolls on, daily crushing its
victims ; and the multitude, awe-struck or terror-
struck, do nothing to arrest its course I The Govern-
ment journal of last evening quietly says, " The pro-
perty of many substantial, or at least solvent, houses
is being daily frittered away, however, by these sus-
pensions, and the chance of one or •two additional
failures increases with every preceding stoppage.
Some parties conceive that when all the corn paper
and the bills of the other largest insolvent houses
have arrived at maturity, the worst will be over;
but this is tantamount to saying what we apprehend
is too probable—viz., that unless some unexpected re-
lief is afforded, there will be firms drepping of weekly
until Christmas." This is much the same thing as
admitting, that by the time we reach 1848, half the
merchants and wholesale traders of London will be
in danger of bankruptcy. For, by that system of
mutual dependence which always grows up in a com-
mercial community, every man largely engaged
touches a dozen others; and, however safe his posi-
tion may have seemed, the fall of three or four of the
number almost inevitably shakes his footing. Such
is the present state of affairs in the metropolis of com-
merce I Is it necessitated by any bygone events ?
Surely not. But why, then, do the merchants of
London endure it, without imperatively demanding
the removal of the cause ?

WORCESTERSHIRE AGRICUL-
TURAL SOCIETY.

WORCESTER, SATURDAY.—The annual meeting of
the Worcestershire Agricultural Association was held
here yesterday, and considering the decline which has
been noticed in many of the provincial agricultural
associations, this meeting was a very successful one—
in some points it exceeded all former meetings of the
society.
The proceedings of the day consisted of ploughing
matches, digging matches, exhibition of stock, roots,
corn, fruit, and agricultural implements, closing with
a dinner in the evening.
The ploughing matches were not well contended,
and in the show-yard there was observed a falling off
in the number and quality of sheep and pigs exhi-
bited. The agricultural implements, however, were
first rate, and were the largest collection ever got
together here or at any other neighbouring meetings.
The chief premium for the best collection was divided
between Messrs. Proctor and Ryland, of Birming-
ham; and Messrs. Webb, of Worcester. Lord Ha-
therton, Sir Thomas Winnington, late M.P. for
Be wdley ; Sir John Pakington, M.P.; Mr. Foley,
M.P. ; General the Hon. H. B. Lygon, M.P., and
many eminent agriculturists, attended the cattle and
implement exhibition. Among the bulls shown was
one which took a prize at the Royal Agricultural So-
ciety's meeting at Southampton.
About 2401. was distributed in prizes for cattle,
corn, roots, fruit, implements, and in rewards to agri-
cultural labourers for long and faithful servitude.
The dinner took place in the evening, at the Crown
Hotel. About one hundred and fifty gentlemen sat
down at half-past four o'clock, Mr. C. E. Hornyold,
of Blackmore Park (president for the year), in the
chair. Among the company were Mr. Foley, M.P.,
Sir Thomas Winnington, Mr. James Taylor, Hon.
General H. B. Lygon, M.P., Mr. H. Lechmere, Hon.
and Rev. W. W. C. Talbot.
Mr. P. V. Onslow occupied the vice chair.
After the usual toasts had been given from the
chair,
The Hon. WILLIAM COVENTRY gave the health of
the chairman, to which that gentleman responded in
a brief speech. The " Members for the County"
(replied to by General Lygon and Mr. Foley), the
" Members for the City," and other local and appro-
priate toasts, were afterwards given and responded to,
hut nothing of interest transpired until—
Mr. T. G. CIIRTLER rose to give "The Health of
the Members of neighbouring Agricultural Societies."
In the course of his remarks introducing this toast,
Mr. Curtlet urged the necessity of increased exertions
being made by the farmers, in thesebaNeted timer,
to increase the produce of their:farrns., It behoved
landlords, also, he said, to. aid, their tenaufs.—(Hear,
hear.) They were now thrown upon their own re-
sources, and the time was arriving when the landlords
must go without their rents, unless the produce of
both corn and stock could be considerably increased
beyond what it now was in that county, for it was
impossible that they could go on as they now were.
—(Hear, hear.) It was, however, impossible that
any considerable incrase in the produce of the land
could be obtained unless the landlords took mea-
sures for assisting and encouraging their tenantry.—
(Hear.) Unless this was done when the effect of the
present position of the agricultural interest should be-
come to be fully felt, in the course of three or four
yeare' time, the land must of necessity to a consider-
able extent, and especially the heavy land, go out of
cultivation.—(Hear, hear.) He cordially concurred
in the remarks made the other day by Lord Lyttleton
at the Stewpony meeting, on the subject of the ridi-
cule which had been attempted to be passed by a
certain portion of the press on the rewards to agri-
cultual labourers, and contended that much might be
accomplished through the instrumentality of these
associations to advance the condition of the agricul-
tural labourer, and especially if the Legislature would
assist in that worthy object. The lot of the honest
labourer was very deplorable, for after all their long
and faithful service they were left in their old age to
share the common lot of the most despicable of their
class in the common workhouse. He thought that if
the parish had the voluntary power of erecting a num-
ber of cottages by degrees throughout the country—
a certain number of cottages to a certain extent of
land—and spreading the cost over a number of years,
they might by these means rescue the honest la-
bourer by degrees from that fate which awaited him
in his old age, the common fate of paupers.
Mr. FOLEY, M.P., in replying to this toast, said he
concurred in Mr. Curtler's remarks.
Mr. F. WOODWARD (one of the guests at Drayton
Manor a fortnight ago), also replied to this toast.
After some remarks on the application of chemistry
to agriculture, Mr. Woodward addressed himself to
the question of tenant-right. Generally speaking,
he agreed with the system of leases, but there were
exceptions to it, and, therefore, he was for the
adoption of the principle of remunerating an offgoing
tenant for the improvements he had effected, and

the money he had laid out on his farm. Under the
present system he might take a farm, and in the first
two or three years lay out as many thousand pounds
in improvement, but his landlord might at that time,
if he chose, turn him out without a farthing of corn-
pensation.—(Hear, hear.) He hoped, therefore, that
this question would be taken up by the farmers, and
pressed upon the attention of the Legislature in the
ensuing session.—(Cheers.)
The Cuantman then gave "The tenantry of Wor-
cestershire, and may they ever meet with a corres-
ponding liberality on the part of the landlords."
Several other toasts were given, but nothing fur-
ther of general interest transpired in the course of
the evening. Mr. Foley, M.P., offered a premium
of 51. for the best crop of Sweep turnips of not less
than six acres.

BELYAST.—DINNER TO Ds: R. Ross, EsQ.—On
Thursday evening last a numerous and respectable party
of the personal friends and supporters of the late repre-
sentative of Belfast, D. R. Ross, Esq., entertained that
gen
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gentle men were present.
MELANCHOLY AND FATAL ACCIDENT.—WO an-
nounce with much regret the death of Mr. Whiteway,
hanker, of Newton Abbot. He was out shooting at
Kingsteignton on Thursday afternoon, and while in
the act of reloading one of the barrels of his fowling-
Piece, the other exploded, and the charge passing
through his head, he was killed on the spot.—Western
Times.
THE WEATHER. —We have been visited during the
week with weather unusually wet for the present month;
and the show-board in the Exchange News-room has
been decked nearly every day with the stereotype tele-
graphic announcement, "no communication for fo "
There have, indeed, been occasional glimpses of saga.-
shine, but only sufficient to make its absence the more
felt. At the time of our going to press the wind was
southerly, and there were no indications of the weather
clearing up.—Liverpool Albion.
LIVERPOOL, MONDAY.—The steamer Antelope has
arrived off the port, from Brazil.

THE LATE MADAME ALBERTAZZI.—The Queen-
Dowager, with her usual liberality and benevolence, has
sent a donation of 101. to Mr. Frederick Beale, 201,
Re;ent•street, for the benefit of the children of the late
favourite vocalist, Madame Albertazzi.