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London, England, 1841-08-30 00:00:00

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LONDON, MONDAY, AUGUST 30, 1811.

PUBLICATIONS.

SPIRIT of the PUBLIC JOURNALS

ceived a letter stating' that they would be compelled to stop the
next day, which was the case. It therefole appeals that these
establishments have been in difficu!ties many years, and that
they carried on business as long as it was possible for the to
hold cut. No finaacial statement of the relative amount of
liabilities and assets 'Was exhibited, as the lankrupts were not
prepared with their balance sheets. On this occasion 72,694/.
was proved, making 'a total of 288,4941., including, the sum
proved at the first meeting. •

CECOP LEGACY to Sir 11. PEL,
Bart. ; or, an Inouiry with .respect to what the light
Honourable Baronet will now do with the llouse of Com-
mons, with Ireland, with the English Church and the Dis-
senters, with the swarms of Pensioners, &c. ; with the Crown
Lands and the Army, with the Currency and the Debt. In
Six Letiers.

FROM THE MORNING PAPERS OF THIS DAY.
CHRONICLE.—Out of evil cometh good. All men who,
like Mr. Roebuck, are rot very partial to the Whigs, but have
no disposition to desert their principles, will have their dis-
satisfaction satisfied by the turning out of the-IMinistry, and
their alarm roused by the coming in of the Tories. To these
Will be joined the Reformers who have been over-confident,
and the Reformers who have been asleep. • If an honest un-
der,tanding prevails in the ranks of the Liberals, the majority
of ninety-one•will form a powerful bond of union. An oppo-
sition will be formed—not an " unscrupulous opposition," as
that "forcible feeble" Air. Christmas, the present member for
Waterford, ventured to wheeze out ; but a national opposition,
animated by a hearty and sincere spirit, and determined, by all,
legitimate and constitutional means, either to drive Sir Robert
Peel onwards, or to drive bins out. Overwhelming, then, as is
the Tory majority in the House of Commons, the ground of
encouragement and of union for a national opposition is very
strong. Sir Robert Peel is himself perfectly sensible of this.
Ile feels keenly that his Government will be, what Mr. Hawes
described it, a Government of " coalition and compromise."
Lord Stanley and Sir James Graham did not dare to open
their mouths in last week's debate. If such was their position
before entering into office, what will it be when in it? They
present points of attack for every -opponent ; and scarcely a
speech can be made without damage and disaster to them, and
consequently to the Government of which they are to be mem-
bers. Not only will the future Government be one of coali-
tion and compromise ; it will also be one of disunion.
TlMES.—However reasonable it may appear, from the
division which took place between two and three o'clock on
Saturday morning, from the non-attendance of Ministers at the
debate of Saturday noon, and from the visit paid by Lord
Melbourne to her Majesty in the post-meridian of the same
eventful Saturday, that the Whigs have by this time expressly
surrendered their offices, we are unable to lay before our
readers any positive
a.f-enallnce that the fact has actually taken
place. In all probability, however, it will be announced this
afternoon by Lord Melbourne and Lord John Russell to their
respective Houses that they hold their situations only till their
successors shall be appointed. Whether they have expressly
resigned or not, can be material only in one point of view.
Virtually, they are defunct ; but until their formal resignation
shall hive been actually given in, there is still a danger of some
malversation in the shape of patronage—some jobbing to
make vacancies for friends—some new batch of Baronets,
or, it may be, of Peers. Beware of the spent ball.
A thousand speculations are afloat as to the formation
of the new Government. One thing only is clear, that
Sir Robert Peel, whether sent for in the first instance or not,
must be its actual practical head, and must decide upon the dis-
tribution of offices to be submitted to her Majesty. But of the
details of that distribution nothing is, and nothing can be,
known. The same deeorum and the same caution which have
restrained him from specifying his measures, will of course re-
strain him from specifying his men. He may contemplate the
offer of office to some who may decline it altogether, or who
may desire some different post from that propose.' to them, or
who, by possibility, may be unacceptable to her Majesty. He
may wish for the assistance of some to whom, nevertheless, lie
can propose the positions intended for them only in case cer-
tain other influential claimants can be otherwise satisfied. To
have disclosed his intentions beforehand would, therefore, have

fly WILLIAM COBBETT, M.P. for Oldham.
" NOW is the appointed time : NOW is the day of salva-
tion."

Price ls. 6d., bound in leather.
To be bad at 11, Bolt•court, Fleet-street, where all Mr.
Cobbett's publications arc constantly on sale.

rrAirs EDINBURGH MAGAZINE,
_D... for SEPTEMBER, Price One Shilling, will eottain :
Viola Hamilton, or the Talented Family ; Chap. XXII.,
..XXlll—Oxonian Ethics, Sewell's Christian Morals—Feast
of the Pce!s for 1841-,-Are Wages regulated by the Price of
Corn ?—The Baby—Miss Scdgwick's Letters from Abroad to
Kindred at Home—Musings in the Wm ; Politics of the Parks
—Literary Register, Bethune's l'oems, Sixteen Years in Chili
and I'eru, Buckingham on Elections, &c.—Political Regis-
ter ' • Sir R. Peel ; Tory Fallacies, &c.
W. Tait, Edinburgh ; Simpkin, Marshall, and Co., London.

FRASER'S MAGAZINE for SEPTEM-
BER, Price 2s. 6d., contains,
The End of the Beginning—The Journal of an Autumn in
the Country. In Three Parts. Part I.—A Chapter on Tai-
lors—Budget of a Blue Jacket of the Belle Pou'e Frigate ; or,
Journal of the Journey from Toulon to St. Helena, and thence
to the lnvalides at Paris—Autumn Leaves--The Three Great
Epochs. Book I. 1830. Chip. XVll.—Parental Solicitude.
Chap. XVlll.—Things will take their own course—The His-
tory of Samuel Titmarsh and the Great Hoggarty Diamond.
Edited and illustrated by Sam's cousin, Michael Angelc—
Rustic Controversies. No. VIII. The Water Kelpie—Noleo
on the North What-d'ye-call-em Election— The Limerick
Shrift—The Dissenting Convention at Manchester.
James Fraser, 215, Regent-street, London.

IiSfIITR THE ESPECIAL PATRONAGE OF H.R.H.
PRINCE ALBERT.
lIIIE SPORTING REVIEW,
Edited by " Craven." The Septemb?r Number, em-
bellished with "Luxury," one of the Royal Hounds, by R. B.
Davis ; " Illustrations of the Equestrian Orders," by Landells ;
and a Map of the Duke of Beaufort's Country; contains Chap.
VIII. of Hyde Marston; or, Recollections of a Sportsman's
Life. By the Editor.
" Tales of the Horse," by Sir John Dean Paul, Bart.
The Hon. Grantley F. Berke- Racing in Belgium.
ley, M.P., on Game Pre- The Approaching Doncaster
serving. Meeting.
Curiosities of Sporting Litera- Last Day at Goodwood.
ture. Observations on Gunpowder,
Sporting Intelligence from the Shot, &c., by Wm. Greener,
Disputed Territory, by M. Author of " The Gun." &c.
H. Perley, Esq. Nominations for the Derby and
Gleanings from my Travelling Oaks, 1843.
Journals. By Lord W. Yachting, Memorabilia, &c.
Lennox.
Vol. V., bound in cloth brit.
Mitchell, 33, Old Bond-s

rds, lettered, is now ready.
itreet, and all Booksellers.

exposed him to all sorts of difficulties, would have wounded
the self-love of some candidates, would have given to others a
clue for counteracting his arrangements, and, above all, would
have had an air of assumption with reference to the Queen's
choice which his enemies would have been sure to represent as
disrespectful.
HERALD.—To the general views on the subject of the
Corn-laws, expressed by Sir Robert Peel in his most impres-
sive address on Friday night, we subscribe ; and for this simple
reason, they are based on the principle of adequate protection
being given to that section of the community which excels all
others in the magnitude of the population and property belong-
ing to it. All that we demand is a Corn-law which will fully
convey such protection; whilst it removes every unreasonable
obstacle to the easy importation of that amount of foreign corn
which the deficiency of the harvest and the badness of
seasons, may render absolutely necessary. We shall,
however, continue to offer a most uncompromising op
position to any amendment of the present law which shall
realize the ends sought either by the manufacturers,
or Earl Spencer,—the lowering of wages at home,
or the raising of wages abroad. With Sir Robert Peel we ad-
vocate a graduated scale of duties in preference to a fixed
tax ; because either the amount of the latter must be so low as
not to convey protection to British agriculture, or so high as
to be intolerable when importations of foreign grain are indis-
pensable. Besides, we repudiate the making a prime neces-
sary of life a permanent source of revenue, as leading to
greater irritation and exacerbation of public feeling, and to
more flagrant misrepresentations than even now exist. as to
causes of distress and industrial suffering. A fixed duty would
be perfectly unbearable in years of scarcity, and its imposition
is therefore only a long stride to a perfectly free trade 111 coin,
and a complete dependence for fond on foreign countries. It is
impossible to name a fixed duty which is not obnoxious to one
of these insuperable objections.
AD VERTISER.—So long as the people only suffered from
the defective and corrupt consitution of the representative body,
so long have the Whigs pertinaciously adhered to the positions,
—that the Reform Act should be regarded as a final measure,
and that organic change should be deprecated as something
equivalent to, if not worse than, revolution. Now, however,
that the Whigs themselves have been expelled from office by
the same perversion of the representation which had long kept
the people excluded from their just rights, the late sticklers for
finality may vic.sy from the opposition side of the House the
Reform Act and organic change in a light far different from
what they did when seated on the Treasury Benches. In ex-
pressing their hostility to a further Reform of the House of
Commons, and.delatying to bring forward measures for.extcnd-
ing and protecting the Itanchise, the Whigs—as we at the
time warned them, in frank but friendly terms—became acces-
sories to an act of political suicide, which the recent decisions
of the Houses of Parliament have completed, and upon
which the inquest of public opinion can pronounce
no other verdict than that of felo de se. That they foresaw
the consequence in which their anti -progressive policy most.
have resulted, was evidenced by their fitful indications of a more
liberal course of action ; but these virtuous intentions—the
evidence of a suicide pausing in the act of self-destruction--
always failed, from the absence of that moral courage neces-
sary to subdue their aristocratic predilections, to brave the
reproaches of their class, and voluntarily and boldly to take
th it position to which they are now driven, by the decision of
profligate, corrupt, and desFolic majorities in both Houses of
Parliament. By a just retribution, Ministers have fallen by
the same hands which they refused to deprive of the power of
mischief whilst employed only in the spoliation of the people.
It is true it was not the same House of Commons, but it was
a Ilouse of Commons electedunder auspices similarly and more
excessively corrupt, that rejected almost all measures even ap-
liroaching to practical and efficient reform, and declared their
Want of confidence in the Cabinet now in articulo mortis.
POST.—The speech delivered on behalf of his party by
Lord John Russell on Friday night, will naturally be read with
great interest throughout the country. We are happy to be
able to afford it the ;pi wise of being more temperate, more
business-like, and less disingenuous, than the speeches of the
Noble Lord generally are. In every respect it was much more
worthy of a leading Statesman than was the 'written Address
from Minto. We do not mean to say anything peculiarly
harsh or offensive to the Noble Lord, when we say that his
speech was less disingenuous than usual. We do not believe
that the Noble Lord is a man indifferent to truth, but it seems
to us that he has (perhaps unconsciously) adopted the habit
ever since he became a leading Minister, of resorting to disin-
genuousness in his speeches, as if that were a part of the legi-
timate artifice of Ministerial and Parliamentary leadership. If
we did not feel fully convinced of this, and think that it was our
duty to point out such a fault in a public man, we should cer-
tainly not advert to it merely for the sake of casting dis-
credit upon the Noble Lord, or of giving him annoyance. The
Noble Lord has complained that the Conservative Opposition
gave no sufficient tcason for the rote of want of ccnfidence
which it proposed to the House. But presently afterwards the
Noble Lord admitted that reasons had been given, first by the
mover and seconder of the amendment, and then by Sir
Robert Peel at the close of the discussion. Was not this
enough ? The Noble Lord says, however, that there was a
great dfference and discrepancy between the reasons given by
Mr. Wortley, the mover of the amendment, andshose given
by Sir Robert Peel. Undoubtedly. there was a difference, for,
as the Noble Lord himself took notice, the reasons advanced by
Mr. Wortley applied to the general conduct of the Govern-
ment. as the successors of the Government of Lord Grey;
while the reasons advanced by Sir R. Peel applied to the pro-
positions of the late Budget. But there was no discrepincy in
these rea,ons—no disagreement or contrariety. They were
merely different reasons gathered from different portions of time.

Just published, for the Benefit of the Widows and Children of
the Killed in the Allied Fleet during the Syrian Expedition,
ri'll-IREE spirited PRINTS, representing the
—IL TAKING of SIDON, and the BOMBARDMENT
and CAPTURE of St. JEAN D'ACRE, by the Allied
Fleets, :26th of September, and 3d of November, 1840; exe-
cuted in Aquatinta, by It. G. REEVE, from Drawings made
on the spot by Lieutenant J. F. Warre, of her Majesty's ship
Princess Charlotte.

Subscribers' names received by Messrs. Colnaghi and
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Co., army agent:, Craig's-court, Charing-cross, London ; and
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Lloyd's ; George Philips, bookseller, &c., John Hodgson,
bookseller, &c. Chatham : Mr. James Burrill, bookseller,
&e., High-street.. Cowes : Messrs. George Spain and Son,
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for Lloyd's ; 'Mr. William Batchelor, bookseller, &c. Devon-
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Denniston, Esq., W. S., 53, Cathcart-street • Mr. Andrew
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Price of each Print, to Subscribers, ss. ; Proofs, 10s. 6d. ;
coloured impressions, imitating the original drawings, 21s.
The subscription lists will remain open till 15th September
next, after which date the prices will be raised to--Prints,
is. 6d. ; proofs, 15s. ; coloured impressions, 30s.

MONEY MARKET and CITY NEWS.
FROM THE MORNING PAPERS OF THIS DAY.
CHRONICLE.—Foreign corn is now subject to a duty of
I3s. 6d. the average of the six weeks being 695. 6d. The
object of speculators is to maintain the present price, and
to do so they will sell nothing but the best wheat, and keep
back inferior qualities. This operation will continue until
they get the general averages up to 725., when the duty will
be only Is. Fd. The probability is, that the whole foreign
corn in bond, equal to about 1,000,0'.0 of quarters, will then be
entered for home consumption. That object once accomplished,
the plan of operations will immediately_ change, and then the
inferior samples only will be exposed in the markets to bring
down the averages and raise the duty. The corn now in bond is
chiefly, if not entirely, of last year's crop. The cargoes from
the Continent of the yield of the present year have yet to come,
and chiefly to be paid for. After the stork now in bond is li-
berated, it will be the policy of the holders to prevent new sup-
plies from abroad being brought into competition with them in
the home market. Hence we see how precarious the position
of the future importers must be who ate not in the secrets of
the trade, for by the time their cargoes are delivered in ware-
houses the averges may have been so managed as to raise the
duties again to a comparatively high price. Every person
must admit that this trade is nothing mote or less than a
downright gambling, alike injurious to the revenue, as well as
to the home-growers ard the coniumers.

rosT.—The transactions in Mark-lane during the ensuing
week are looked forward to with much interest. Speculators
mutt have greatly overdone themselves by their purchases in
June and July, and a general break-down among them is
thought to be inevitable. The only question is with reference
to the extent of the mischief to be apprehended, and the precise
period at which it will occur. A tall of a very decided cha-
racter in the value of wheat is expected, and it is to be hoped,
for the sake of the consumer, who is obliged to pay so need-
les.ly high a price for his bread, that this expectation will riot
be disappointed. The enormous rates established by the factors
are notoriously founded more on a speculative opinion, with
regard to the sufficiency of the home crops, than upon an actual
deficiency in the supply.
TIDIES.—The accounts from Manchester state that another
meeting of the creditors of the banking firm of Messrs. Dein-
try, style, and Co., took place on Tuesday last, at which
transpired some particulars connected with the stoppage. Ac-
cording to the statement of Mr. 1131 e, the party who was ex-
amined concerning the affairs of the establishment, it appears
he had been desirous of bringing them into a state of liquida-
tion even as far back as the yt ar 1836, and would thin have taken
the rsccessary steps, had not the mismanagement of one of the
other partners intervened and prevented it; and he says that
in the year 1839 he waited upon Messrs. Whitmore and Co. in
London, with the view of then arranging the affa:rs of the
hank, and, although they wished fur a reduction of the
large balince that was then due to them, they did nut
enter into the business with him in such a manner
as led him to believe that they would assist him
in carrying rut the plan by which he provised
to wind up. And now comes the sequel. As late as the 20th
of June last he again waited upon them, and stated that lie
thou;zlit the debts of the batik were brought within such a
compass, that if they wculd assist they migl:t even now settle
affairs. They stated that if he could do it by himself, they
could have no objection, but they were not in a position to ad-
vance anything to effect it. lie returned home, and then re.