The Sun.
London, England, 1847-10-01 00:00:00

CONSERVATIVES.

Allowed
Disallowed
OBJECTIONS.-LIBERALS.
Sustained.. l4
Failed .. . ....... . • l5
CONSERVATIVES.
Sustained ......

Failed ...

By both parties—
Sustained ..
Failed ..... • . 2
The Court will proceed this day (Friday) with the
lists for the ward of Bridge, Candlewick, and Wal-
brook.

WESTMINSTER.
(Before V. BAYLEY, Esq.)
Yesterday the Court revised the list for St. George's
parish, leaving the lists for the remaining parishes of
St. John and St. Margaret till to-day.
The COURT decided that Mr. Joseph Smith's claim
(previously noticed) was not admissible.
Mr. Steele's claim was disallowed on the same
ground.
Mr. Arthur Thellusson claimed to be placed on the
register for a house in Eaton-square.
It appeared that he had left the house of Sir John
Thorold, retaining for his own use, by special agree-
ment, a cellar and cupboard.
Mr. Arbour, the Tory agent, appeared to support
the claim, and contended that the real occupation of
the cellar and cupboard was sufficient, in the circum-
stances, to give him the legal occupation of the whole
flange.
Mr. Huggett, on the other hand, argued, that as
the Court had rejected Mr. Smith's claim, it was on
the same principle bound to disallow the present.
Claim disallowed.
The COURT decided that in Dr. Lankester's case
the claim was a good one. It was clear that a rate
could not be paid till it was made, and therefore the
objection was not a valid one.
The result of the day's revision was as follows :
Names expunged, 178 ; names retained and objections
withdrawn, 28.

LIVERPOOL, THURSDAY.—We find by the Ameri-
can papers brought by the Caledonia, that 100,000 five
franc pieces had been shipped for France by the French
mail steamer, and also a quantity of silver by the Havre
sailing packet. The Caledonia, which arrived here on
Tuesday night last, did not bring any specie, but the
Britannia, due on the 14th of next month, is expected to
bring a considerable amount.
CURRENCY REFORM.—BIRMINGHAM, THURSDAY.
—A meeting of merchants, manufacturers, and others
interested in a reform of the currency system, has been
called by circular, and will be held at Dee's Hotel, in
this town, on Monday next. Invitations have been for-
warded to several Members of Parliament who have
taken an interest in the question, as well as to other
persons ; and the meeting is likely to be of an important
nature. The Members for the northern division of this
county and for the borough have promised to be present.
TIIE CRICKET STEAMER.—Yesterday the wreck
of this ill-fated vessel was brought nearer in shore, and
the process of pulling her to pieces commenced, it having
been found she was too much shattered for any repair,
however extensive, to render her again fit for use.
Henry Haisraan, the engineer, against whom the co-
roner's jury returned a verdict of manslaughter, still
eludes Inspector Brydges, of the Thames police who
holds the warrant for his apprehension, and remains at
large. Many of the sufferers by the explosion hate
brought actions against the proprietors, and the amount
at which their united damages are laid reach to several
thousand pounds.
FAREWELL DINNER TO THE EARL OF DALIIOUSIE
BY HER MAJESTY'S BODY GUARD. On Monday even-
ing, about eighty of the members of the Royal, Company
of Archers (the Queen's Body Guard forScotland).en
tertained the Earl of Dalhousie one of
.their major-
generals, and vice-president of their
io cotuonc!l, to dinner
in their Hall, Buccleuch-street, previous
tp. India as Governor-General.p Thealli ht
Sir George Warrender of Lochend, Bart,
chair.-- Witnen. his departure
occupiedHonourable
the

FROM THE MORNING PAPERS OF THIS DAY.
TIMES.—The coffee-room of Anderton's llotel, a
highly respectable house on the north side of Fleet-
street, has been the scene of a momentous beginning.
On Wednesday night, the tables having been removed
and the chairs piled up in a corner, the boards became
the Runnymede of monetary freedom. On those
memorable planks a league of " inconvertibles"
attempted at least to draw up a great charter of paper
currency, to which the signature of a shifty and
pusillanimous Lord John will doubtless be speedily
extorted. To that portion of the metropolis which
was not present at this great demonstration it may be
necessary to observe, that notwithstanding the magni-
ficent area of the apartment, a good many were
excluded. The only conclusion in which the distin-
guished personages present could agree was to form
an Anti-Gold-law League. All felt that it would be
exceedingly desirable to buy what they wanted, and
pay all their debts without gold. In this instinct we
cannot help sympathising. The want of gold,
like the attraction of gravity, chains one's legs
to the ground. Could one but mount on wings
of paper ! Kite-flying has been found but
an imperfect and precarious method of ascent.
A new medium altogether is what we want. This
was the object of the meeting, and this is the
discovery which in process of time is to immortalize
Anderton's Hotel. On Wednesday night, however.
the ways and means were not yet attained. Mr.
Bennoch could only move some resolutions, which
remain to be disc ed. They seem as judicious as
any have seen on this subject, and
as likely to effectuate their purpose, so we presume
they will ultimately be carried. The first postulate
of the system is a legal-tender currency of paper
instead of sovereigns in gold. These are called " Ex-
chequer money notes," but whether they are to bear
interest at the rate of a farthing per week for each
20s. note we are left to conjecture. We should
think, however, this is not a part of the plan. Were
it so, a paper 11. would annually grow into a guinea,
but there appears no provision for any such develope-
ment. How to procure circulation for this conven-
tional wealth is the object that has next attracted the
attention of these Leaguers. This is a difficulty
which has not escaped the observation of less distin-
guished authorities. In fact, to procure a pecuniary
value and circulation for paper may be considered
one of the first and most common trials of
human ingenuity. Anybody may see for
himself how difficult a matter it is, by taking half
a sheet of note paper, writing on it a promise
to pay 1,0001. three months after date, and offering it
in exchange for Bank-notes in the city. The experi-
ment may be tried on a much smaller scale with
equal success. But the National Convention at An-
derton's Hotel proposes that Government shall issue
50,000,0001. of this money. The Legislature, being
only flesh and blood, is liable to the same infirmities
as individual men. So how is it to make a few wag-
gon loads of rags do the duty of 500 tons of gold ?
The legal-tender notes are to get into circulation by
being issued "in discharge of the current obligations
of the State." This is taking the bull by the horns
If Mr. Thcmson issues his sign manual in discharge
of his current obligations, viz., to his laundress, his
tailor, or his baker, they will severally turn up their
noses at the produce of his mint. the State, how-
ever, is secure from this contemptuous treatment. It
can force its own money down the throats of its cre-
ditors. Hobson's choice—either that or nothing.
When our great aunts and grandmothers go
for their dividends, when the judges send for
their quarter's pay, when existing contractors
present their bills, they will receive " legal-tender
currency, or money of the realm, consisting of
Exchequer-money notes of the value of 11. and
" upwards." On proceeding to pass those commodi-
ties the unfortunate fundholder will find that he pos-
sesses only a titular wealth—money, so to speak, in
partibus infidelium. His butcher and baker will look
sour at the documents. He has no standing army to
enforce the tender, so he is obliged to submit to a
terrible depreciation, measured not merely by gold,
but by bread and cheese. He will have to give
three, or perhaps four notevorhere he egrected tdj
give oviy two ; and his 4qc, conse_gaentiyin the
new cuntiNip.Oworfla otil hat. was in the
Au.
old. The butcher is obliged o late the money, and
will be glad to take it at the -mark* value, but no
law on earth—at least no law that would stand an
hour on British soil—can compel him to exchange a
round of beef for 11. if he chooses to have 21. So, of
course, there is scope for a depreciation to any ex-
tent. Sucb a depreciation would immediately ensue
from the unfortunate circumstance that the legal-
tender currency would be worthless beyond our
shores. The " Exchequer money notes" would be
tendered on the point of the bayonet. With foreign-
ers our state would find ifself reduced to the
position of a private individual. Whatever we
wanted from abroad we should still have to
pay for in gold, or gold's worth. So gold
would soon mount over paper. The next step of the
project therefore is to find some other customer on
whom the fundholder, the pensioner, or the contractor
may pass this unfortunate hunchback of a 11. The
State, with a most praiseworthy generosity, is to
offer itself for -this turn. The notes are to be re-
ceived at their full value by the tax-gatherer. This
is killing two birds with one stone. The expenditure
and the revenue of the State will be in the same
boat. These lively bits of paper will fly from the
Bank to the fundholder, and the fundholders to the
officials at Somerset-house ; from the Treasury to
the contractor, and from the contractor to the Cus-
tom-house; from the Horse Guards to the army
agent, from the army agent to the manufacturer,
and from the manufacturer to the excisemen. They
will be the perpetual homesick animals which
are said to yield so large a revenue to a certain
class of dog-sellers. After the lapse of a week you
will be sure to have them whining for re -admit-
tance at the Treasury, The notice over the doors
of that building—" Full value given for old cotton
rags," will not fail to attract a continual supply. The
paper current will go in a vicious circle, round and
round, like "perpetual motion" in the jimcrack of a
crazy mechanic. If the people of these islands did
nothing but pay taxes and receive them back in divi-
dends and pensions, all would go on well. But, un-
fortunately, the income of the State is little more
than a tithe of the aggregate income of the nation,
while the expenditure of the State is not a twentieth
or a thirtieth of the annual aggregate of pecuniary
transactions. The marketable value of the notes
would be regulated by the demand in the market ;
and as they would only be wanted for just one pur-
pose, they would experience a bathos of depreciation
which we fear to contemplate. Taxes, national debt,
army and navy, pensioners, and Majesty itself, would
accompany the notes in their downfall, and the dreams
of our most sanguine economizers would shortly be
realized.
HERALD.—It is certainly a matter worthy. of
some admiration—how uniformly the ideas and prin-
ciples of the late Miehael Sadler are found to re-
appoar, and, one by one. to fix themselves in the
public mind. The Ten Hour Bill, that noble object,
in the pursuit of which he sacrificed his health, and
some of the most precious years of his life :—poor-
laws for Ireland :—cottage allotments—each after
each becomes either the law of the land, or the prac-
tice of the people; and now -even his thoughts con-
cerning the currency are seen re-appearing; and the
world grows, almost without knowing it, thoroughly
Sadlerian. In " Mr. Sadler's Life," page 496, it is
suggested, on his authority, that the two great
objects, of a sufficient, and an equably supplied cur-
rency, " might be most entirely and securely attained
by a national bank, or a state-paper money, issued
by a distinct Government office ; only on_ the
security of funded property, and without variation
in amount, except within strictly-defined limits.
Could some such scheme be devised, and could any
Government summon up courage enough to propound
it, it is clear that two benefits would result. First,
an annual profit to the Government of about one
million minus the expense of the establishment; and
secondly, an equable state of trade, the establishment
and maintenance of which would, of itself, be one of
the greatest benefits that could be conferred on the
whole country." In the pamphlet entitled " Free
Trade and- a Fettered Currency," written by Mr.
Alison, an eminent Protectionist, about three months
since, the conclusion is this,:—" What would you do
to remedy the existing evil? We answer Extend
the currency: This may be done either by allowing
the Bank to issue one pound notes ad aum' under
the obligation of paying them in gold er silver at the
current market price of those metals ; or, by Govern-
ment issuing notes, embracing those for one
pound, to the extent of the sum annually ex-
pended in payment of all public creditors."
And, on Wednesday night, a meeting was held at
Anderton's Hotel, Fleet-street, a house of Liberal
resort—the chair being occupied by Mr. Bennoch, a
Free Trader and member of the Anti-corn-law
League, at which this resolution was received with
great applause :—" That the legal-tender currency or
money of the realm, ought to consist of Exchequer
notes of the value of one pound and upwards ; such
notes to be issued with the consent of. Parliament in.'
discharge of the current obligations of the Stateolo
an amount not exceeding in thecourst nfAke year
the annual taxation of the country ; the—fractional
parts of the'pound being represented as at present by

and remedies of national embarrassment and distress,
without a word said of the potato failure and the
railways, indicates a truly extraordinary condition of
the perceptive and logical faculties. Gentlemen who
can account for a " crisis" without the smallest
help from natural causes, one of which is perfectly
unprecedented in kind, while both are without
example for the magnitude of their operation, are
certainly not undeserving of credit as bold and ori-
ginal thinkers. lit never seems to enter our Leaguers'
heads, that a whoselale destruction of the nation's
food, together with a wholesale expenditure of the
nation's capital on works which can yield no imme-
diate return, have any necessary connexion with na-
tional distress. Currency has done it all. The na-
tion was " on the high road to fortune;" only the
(sold-law, gracefully personified as a " fiend," gave us
" a foul stroke," and "laid us prostrate on the earth."
" Peel's money laws," and the " fixed price of gold,"
have dune it all; and " taxation paper to the amount
of sixty millions annually" would undo it all. The
great thingjwyd to bring us roundiisTimply for the
M
Vueen to "rdiabills, at twelve` si labs after date,
uifoh her subjects,'' and pay her and our debts in
~.__thals cheap 461 cosibenient currency. Nothing in
ie world is needed to snake us a prosperous people,
except to create a new sort of " pound,' very con-
siderably inferior in value and purchasing power to
the present pound sterling, and to use the new pounds
to pay off old debts. Very convenient and aLireeaole
this would be, no doubt, to the insolvent debtor class
of the community. To the solvent and honest classes
of a people subsisting by that commerce of which
creditis the life, the results of any financial operation
of this description would obviously l of a more
mixed character. Our Leaguers certainly exhibit
some tact in mixing up the Act of 1844 with their
igitation. It is, however, scarcely necessary to ob-
serve that Sir Robert Peers plain answer to the plain
question, " What is a pound?" is a perfectly distinct
matter from his complicated and artificial contrivance
for guarding a particular description of promises to
pay pounds sterling with special preliminary securi-
ties. The Act of 1844 does nothing whatever in the
way of' defining "what is a pound," or, as these gen-
tlemen persist in wording it, with a laughable mis-
nomer, "fixing the price of gold." The Act of 1844
is merely a series of expedients for giving extra and
special guarantees to one particular sort of contract
having pounds sterling for its subject-matter. It
would be altogether out of place here to repeat our
frequently-expressed opinion on the principles and
policy of a measure which has not the smallest con-
nexion with the question of the ethical validity of
pecuniary obligations.
POST.—The National Anti Gold Law League was
formed on Wednesday. The meeting was crowded.
Some opposition was offered towards the close of the
proceedings ; but only two hands were hell up in
opposition to the formation of the society. The
chair was filled by a commercial man ; and several
commercialists of eminence have, we understand,
since given in their adhesion to the principles pro-
pounded by the association. Subscriptions to a con-
siderable amount have, it is stated, been already re-
ceived. It is gratifying to find. that men engaged
in commercial pursuits begin to discover that the
money question is to them, a question of vital im-
portance. Peel's Money Laws have, in fact, crippled
the productive industry of Great Britain to an extent
that is scarcely calculable. No redress is to be hoped
for from the men who framed the Currency Law of
1819, or who profit by its operation. If the produc-
tive classes would secure fair play for their energies,
they must win fair play for themselves. Government
in this country is now (the sad truth receives fresh
illustration with the lapse of each day), regulated, not
by influences derived from justice, but by influences
derived from agitation. Agitation is, in fact,
rendered necessary to the productive classes by the
position which our rulers have assumed ; and since
our manufacturers, our merchants, our agriculturists
must " agitate," in order to escape' destruction, it is
gratifying to reflect that agitation never can have a
more useful object than the subversion of Peel's
Monetary policy.

HOLLAND PARK PATHWAY.—Yesterday a meeting
was had at the Kensington Institution, to consider the
propriety of pi titioning Parliament against the proposed
alteration of a public highway by Lord Holland. Mr.
J. R. Cornwall presided. He urgedthe preserving to
the public of all salubrious walks, particularly those in
the vicinity of London ; the benefits derived by the in-
habitants of crowded leealities from healthy exercise
among the gre en fields, and It:e necessity of opposing
all invasion of toe highways by landed proprietors for
the advancement of private accommodation. He called
on the ratepayers of Kensington to save from destruc•
tion one of the most delightful promenades near Lon-
don. Mr. Miley dwelt on the loss that the inhalitants
would sustain by the substitution of the proposed for the
present path, and trusted that the press would aid them
opposing so shameful an attack on publlc riahts.—
(Cheers,) Messrs. Murray, White, and Berkel..y sup-
ported the presentation of a petition to Parliament
against the proposed enclosure. Messrs. Clarke,
Stavely, and Watson opposed a petition, contending that
the parish would benefit by the alteration. On a divi-
sion 157 voted for presenting a petition against the alto.
ration, while 28 voted in its favour.

CHARING-CROSS SUSPENSION BRlDGE.—Yesterday,
the directors of the Charing-cross Suspension Bridge
opened a wicket at the north turret, giving a direct
access to the steam-boat pier to persons crossing the
bridge from Lambeth, who have hitherto been com-
pelled to pass entirely over the bridge to Hungerford-
market, and return again to the north turret, a consi-
derable distance. before they could descend the steps
leading to the floating pier.
TRANSFER OF THE HACKNEY CARRIAGE DEPART..
MENT OF THE STAMPS AND TAXES TO THE EXCISE.
OFFICE.—On and after the 4th inst. (Monday next), by
the provisions of the 10th and 11th Vic., c. 24, the
business relative to the duties on .hackney carriages will
be transacted at the Excise office, in Broad-street, where
duties must be paid, property found in public vehicles
deposited, and applications tor licenses, made from stage
proprietors,„ the ditties. on railway passengers are
transferred after the above date by this Act to the col-
ioeti,iti of the Excise. _ _

~!5 -The John Bull arrived last night from liumburgh.
We kern from the Hantburgh Borsenhalle of the 25th,
that Mr. Cobden bad left St. Petirsburgh on the 25th, ,
by the Lubec steamer, and is expected to arrive in Lubec
on Wednesday night or Thursday morning, whence he
is to proceed muuediately t. 9 lialuburgh.