The Sun.
London, England, 1847-10-19 00:00:00

iffum stiNe9 LoNDOI4, Triß rw_awnrBl)______..&._Ale VEINING, OCTOBEIt 111_19474

8 .SPENSION OF TIIE LIVERPOOL
• ROYAL BANK,
(From the Times.)
We have received the following important dis-
patch:—

LIVERPOOL, MONDAY.
We regret to announce to you the suspension El f
Payments by the Royal Bank of Liverpool this day.
A deputation of the directory is now in the me-
tropolis, with the view to obtain assistance, and if
happily it succeeds, the establishment will resume
°Perations.

The suspension results from the absence of notes
and specie with which to perform the ordinary busi-
ness of the bank ; an evil resulting in part from the
universal contraction of the currency, and specially
also from the excitement en ated by the recent forced
sales of the Bank Stock for cash, at a very low figure,
referred to in the public journals. A run upon the
resources of the bank followed the statement of the
fall in its stock.
The Royal Bank of Liverpool is a joint-stock es-
tablishment, and was first opened in January, 1839.
Prom the commercial article of the Albion of this
Morning we make the following extract with regard
to the state of commercial affairs in Liverpool :

SATURDAY EVENING.
We have witnessed this week the severest pressure
that has yet been felt during the present monetary
e"sis, the commercial markets and the Stock Ex-
change being simultaneously acted upon by pressing
nemands for money ; the former chiefly from the large
amount of kills falling due within the next two days,
and the latter from the settlement of a heavy " Bull"
account in Consols, and the repayment to the Bank of
"'arm upon stock. The immediate cause of the pres-
Qsure. is, therefore, passing away, the Consul account
"mg been settled, the loans repaid, and the bulk
the bills retired, so that should no further sus-
Pensions be reported within the next three days,
" the darkest hour that precedes the dawn" will,
ill all probability, be past, for every day re-
duces the amount of bills payable, which by de-
creasing the demands for cash, is tantamount to an
Increased circulation. We regret to state that several
failures have occurred in Liverpool during the week,
al though it is gratifying to add that the aggregate
amount of the liabilities is not heavy. The parties
are Matthew Steele and Son, soap manufacturers ;
Alocatta and Son, and Samuel and J. L. Mocatta,
West India merchants ; William Pearce, commission
agent ; Brown, Tod, and Co., provision dealers ; P.
Cornthwaite, wholesale grocer ; and A. Mitchell and
Co., American merchants, besides several share-
brokers and stockjobbers.
Since the publication of the above we have received
the following communication from our Liverpool
correspondents :

LIVERPOOL, MONDAY.
This morning we advised you of the suspension of
Payments by the Royal Bank of Liverpool ; and since
the dispatch of our letter we have witnessed the con-
sequences resulting from it upon public credit.
The announcement excites the most gloomy appre-
hensions in commercial circles, and among the
general public. Such an event was totally unex-
pected, and the consequence was, that on some of the
local banks a run set in shortly after the opening
_hours of business. Happily this has not, so far at
least, proceeded to any dangerous extent, and we are
assured that not only are several of the local estab-
lishments fully prepared to meet any demands
Which may be made upon them, but that, moreover,
With regard to the establishments not included in
this satisfactory affirmation, there is no reason to
doubt their capacity to hold on through this fright-
Ali storm. Nor is this the only statement of a
character calculated to relieve the apprehensions of
the public ; for we are also informed that not only
Were the mass of bills which fell due on Saturday
Provided for most satisfactorily, but also that such
likewise is the case with regard to those arriving at
maturity to-day.
In a state of affairs such as we now witness, the
'Change-square is covered with knots of commercial
men, anxiously discussing the causes which origi-
nated and the results which may follow this embar-
rassing suspension. Everything wears the gloomiest
aspect; and rumours of wide impending difficulties,
which needlessly add to the panic, are afloat. The
position of affairs, it is reported, was fully known to
the ex-Premier during his late visit to this town.
We annex the official circular issued by the bank
directors :

" OFFICIAL CIRCULAR.

"The directors of the Royal Bank of Liverpool
regret to have to announce, that owing to the extra-
ordinary pressure of the times, they conceive it to be
the interest of all concerned to suspend the opera-
tions
of the bank until the result of the proceedings
°L a deputation now in London has been ascertained,
Which will be immediately announced.
"Monday, 18th October, 1847."
We have also received the following from our
Liverpool correspondents :

MONDAY, P.M.
Mr. William Brown, M.P. for South Lancashire,
and Mr. Cardwell, M.P. for Liverpool, who were to
Proceed with a deputation from the American
teChamber of Commerce at that port to seek an in-
rview with Lord John Russell on the present money
pressure, were expected to leave Liverpool to-night,
the appointment with the Premier having been made
for
to-morrow. The American Chamber of Com-
merce sought the co-operation of the East India and
China Association. A special meeting of that body
Was called on Saturday, and, after much discussion,
adjourned till Monday. The importance of the sub-
ject, however, induced the committee to hold
on Saturday evening,t at which
other meeting
was decided that this board would not
associate themselves with the American Cham-
ber
al the present movement. This, we un-
derstand, arose not from any disinclination to
add the influence of the East India and China Asso-
ciation to that of the American Chamber, but from
a difference of opinion as to
,the probable effect of
the Measures of relief which the latter body chose to
request. Indeed, we are informed that the several
commercial associations of the town have had several
meetings in the course of the past week, and, though
it 15 probable that the individual members of all feel
the pinch of the times, though assuredly all are agreed
as to the absolute necessity for some relief, yet un-
fortunately they all differ respecting the mode in
Which it should be administered, and the consequence
has been much conference, much variety of opinion,
but no prospect of united action.

DESTRUCTIVE FIRE AT HOXTON. Yesterday
Morning, between the hours of six and seven, a very
alarming fire broke out upon the extensive premises be
longing to Messrs. W. Lawrence and Sons, carpenters
and builders, carrying on business in Pitfield-street,
Roxton Old Town. The flames originated in a two-
floored building, termed the glazier's workshop, at which
time the place was filled with sashes and other mate-
rials. Such was the progress of the flames that before
the workmen on the premises could be summoned
together the entire building was in a blaze. In spite of
the exertions of the firemen the flames could not be ex-
tinguished until the workshops in which they originated
Were totally destroyed. The fire, it is understood, was
occasioned by au escape of gas. Fortunately the im-
mense piles of timber in the yard, and the other manu-
facturing premises, escaped from receiving any damage.
The loss, which is considerable, will be covered by an
insurance in the West of England office.
CORONER'S INQUEST—SUSPICIOUS DEATIL.---YeS-
terday an inquest, adjourned from Thursday last, was
resumed before Mr. Baker, at the Cape of Good Hope,
Limehouse, on view of the body of Mrs. Louisa Brown,
married woman, who died during a premature ac •
couchement. It appeared that the deceased, with her
ihusband, who was formerly in the medical profession,
but who now practised as an accountant, lived opposite
Litnehouse Church, where they removed about five
months ago from Walworth. Last Tuesday Mr. Cum-
ming, surgeon, was called upon by Mr. Brown, who
stated to him that the deceased had recently died. Mr.
Cumming, on being informed of the symptoms connected
With her death, was of opinion that it was from inflam-
mation, but he wished to have a post mortem examination.
The Coroner, on being applied to, issued his order for
the examination ; upon which Mr. Cumming discovered
.?.?es of inflammation and ulceration of the stomach,
7stich exhibited such appearances that, at the previous
Inquest, he asked for an adjournment, in order that the
„?)titents of the stomach might be analysed. Yesterday
.14•Letheby, the chemical lecturer, said that he had dis-
covered traces of the existence of arsenic, but he had not
iolpleted the analysis, and he wished for further time,
1 order to submit the contents to stronger test. De
Ceased, it was stated, had two pills given her previous
Ithuer death, she being five months enciente, after which
„ate_ was seized with a severe sickness. The inquiry
3 adjourned till Wednesdily next.
att_ RACOONS AT DOLGELLEY.—A few days since three
th_qnge looking animals were seen in the meadows below
veillage of Llanelltyd, near this town. One of them
mca_nautght.by Mr. Evan Williams, Hafod-y-marfa, and
o Sir R. W. Vaughan's, Hengwrit, where on in-
Akers
tw and examination it proved to be a racoon. The
itd:thers have not since been seen, nor can it be sur-
'4
sto_mi Where I
wreck . h tey came from. It is supposed they landed
Carnarvon Herald;

LTROPECT OF IMPORTANT
EVENTS IN THE LAST TWO YEARS.

FROM A CORRESPONDENT.)
The following table shows the great difference in
prices in the period of two years :-
1845. 1847.

Railroad Shares. Price, Paid. Price.
Paid 80/. Great Western 232 85 Oct. 5, 97
1001. London and Bir-
mingham
2/. Vale of Neath .... 5 4
4
Per Cent. Consols,
1001.
Exchequer-bills .... prem. Oct. 5, 30 dis.
Bank Stock

Here we may remark a diminution in the value of
established railway shares exceeding 30 per cent.,
which, with the diminution in the value of other pro-
perty, must have materially lessened the revenue in
stamps for conveyances, legacy duty, &c.
Within the same period the bullion in the Bank
has been lessened from 18 millions to 7 millions, of
which the greater part has been exported for corn.
In 1846, the bullion in the Bank was 18 millions ;
in May, 1847, it was 9 millions ; in August, 1847,
7 millions.
In May, 1847, Liverpool, Newport, Cardiff, and
many other towns, were inundated with Irish beg-
gars, and 1,500 starving Irish beggars were landed
in London by two steam-packets in one day.
The export of such a large amount of bullion was
a diminution to that amount of the trading capital of
the kingdom.
Credit, Bank-notes, and bills of exchange, have
been diminished, and interest has been raised accord-
ingly. In May, 1847, some of the most respectable
London merchants were obliged to pay 10 and 12 per
cent. for discounting their bills ; others were refused
altogether; and to stem the torrent, in October, 1847,
the Bank of England refused to make advances on
Government Exchequer-bills.
In 1844, the Bank-note circulation in England
alone was 48,000,0001. In 1847, the Bank-note cir-
culation of the whole of Great Britain and Ireland
only amounted to about 36 millions.
We may assume, as a moderate calculation, that the
bullion of this country has been diminished to the
extent of five millions by the importations of corn,
which has reduced Bank-notes to the extent of five
millions, bills of exchange to the extent of five mil-
lions, and credit to the extent of ten millions, making
a total of not less than 20 millions in the trading
currency.
Assuming that this kind of floating currency makes
only two turns in a year, the above diminution has
lessened the productions of industry by about 40 mil-
lions per annum.
Mr. Bennock, at the Anti-Gold Law-league meeting,
Oct. 6, 1847, states—" The funded property has been
reduced in value eighty millions, and, taking other I
property into account, there has been a depreciation
to the extent of two hundred millions. That in order
to obtain 20,000,0001. of food, we had to send five
millions of gold out of the country."
Let us now look back on Sir Robert Peel's last Act
for amending and repealing the corn-laws. Was
there not a great latent defect in it, which defect is
now obvious to every person ? Did it not permit
imprudent corn merchants and reckless speculators to
export an immense amount of bullion for imprudent
importations of corn ? Did it not permit imprudent
corn merchants to lessen the wealth, the capital, and
trading currency of the kingdom ? Did it not thereby
permit the imprudent corn merchants to lessen the
productions of industry to the extent of about forty
millions per annum ? Have they not brought dis-
tress to Manchester and the manufacturing districts ?
Have they not lessened the value of a great
portion of the property of the kingdom by about two
hundred millions—in many instances from thirty to
sixty per cent. ? Have they not diminished the re-
venue ? Have they not retarded the construction of
railroads ? Did they not in the spring aggravate the
wretchedness of the Irish poor? Have they not
brought failures on several wealthy and solvent mer-
chants, and brought distress on numerous individuals
who are pining and struggling in secret? All these
consequences were foreseen and foretold in 1845.
I have been informed, on undoubted authority,
that between October, 1845, and February, 1846,
letters were written to Sir Robert Peel, Lord John
Russell, and several others, pointing out the defect
and foretelling the consequences of their Corn-law
Bill, and also suggesting an important amendment of
it. But those eminent statesmen thought there was
nothing like their own Bill • they were totally re-
gardless of all warnings ; demonstrations as clear as
those in Euclid's Elements were thrown aside or put
in the fire. Sir Robert Peel's corn-law and Lord
John Russell's suspension were inflicted on the coun-
try, and their want of skill in legislation, fully estab-
lished by our Government paper money falling from
a premium to 30s. discount, by the productions of in-
dustry being lessened to the extent of forty millions
per annum, by the value of property being diminished
from thirty to sixty per cent., by a diminution in the
revenue from the Customs at Liverpool, in the July
quarter, by 159,0001.,* and by the several recent
failures of some of the most eminent English mer-
chants and bill-brokers, and by the failure of the firm
in which the Governor of the Bank of England was a
partner.
It has been attempted, I think unjustly, to take the
onus or odium of these reverses from off the Govern-
ment and their Corn-law Bills, and to throw it on the
Bank of England.
It has been said in Parlaiment that the Bank ought
to have diminished the currency, curtailed accom-
modation, and raised the discounts sooner than it did.
To prevent the export of bullion, and the imprudent
importations of corn, the Bank might have put on the
screw the moment a suspension of the corn-law was
proposed. This would have brought the Bank into
direct collision with the Government for counteract-
ing their plans. What would be the consequences of
that ? I apprehend rather serious. I should not like
to see such a collision.
I have read histories of the Government paper
money of almost all countries who have issued it. The
Bank of England appears to have managed its affairs
better than any government in any country ; and I
think it, therefore, manifestly unfair to throw any
onus or odium on the Bank, when their notes are at
par, their Bank stock at 93 premium, and when our
Government Exchequer-bills have lately been at 30s.
discount, evidently from an obvious defect in the Go-
vernment Corn-law Bill.
Lord John Russell's Act for postponing the con-
struction of railroads last session is something like
the act of the groom who locked the stable door after
the steed was stolen.
If he and Sir Robert Peel had amended their
Corn-law Bill in 1846, as suggested to them at the
time, the merchants would have been importing corn
and exporting manufactures, from August, 1846, to
March, 1847, instead of waiting all that time for the
Corn-law suspension. The corn would have been
imported ; the bullion would have remained in the
country ; the discounts would not have been raised to
sl2 per cent.; the Corn-law suspension would not have
been .wanted ; the Railroad suspension would not
have encumbered our statutes ; and Lord John Rus-
sell would have escaped the compliment of having
passed an Act as preposterous as one to prevent the
construction of a bridge from England to Halifax.
From the retrospect of the past we form our
opinions of the future. It seems clear, that unless
some persons of greater foresight and skill are brought
into the Administration, the construction of railroads
must be retarded and commerce crippled for the
next few years : and we may also feel certain that all
the evils which the nation has suffered from a dimi-
nution of the bullion-currency and credit must
come again with the next deficient harvest, or exces-
sive importation of corn, although by discreet legis-
lation those evils may be greatly mitigated, if not
altogether averted.

Oct. 14, 1847.
* LIVERPOOL CUSTOMS IN THE JULY QUARTER, 1846-7
1846—X944.498

1847- 785,175

£ls9,323—Diminution herein one•sixth of the

gross revenue.

BISHOPRIC OF MANCHESTER. The Rev. James
Prince Lee, M.A., head master of King Edward's Free
School, Birmingham, has just been appointed bishop of
the recently created see of Manchester. The reverend
gentleman was formerly second master of Rugby School,
at the time when the late Dr. Arnold was principal, and
suc.eeded to the head mastership of King Edward's
School, in Birmingham, on the appointment of his pre-
decessor, Dr. Jeune (now master of Pembroke College,
Oxford) to the Deanery of Jersey.
ORIENTATION OF CHURCHES.—In your journal of
the 2d inst. I notice an article in which the writer
endeavours to prove that it is not necessary, in the erec
tion of new churches, to adhere to the invariable practice
of the English branch of the holy Catholic church, and
place the building east and west. To strengthen his po-
sition, numerous foreign examples arc cited, and recourse
is had to several writings on the subject, the most im-
portant of all, however, being singularly overlooked.
" The priest, standing at the north side of the table,
shall say the Lord's prayer." Our Book of Common
Prayer settles the matter; if the priest is to comply with
the rubric, our churches must be placed east and west.—
Correspondent of the Builder.
THE LAW OF NEWSPAPER SUBSCRIPTION. —A
gentleman in Peterhead, who received and read this
(John o' Groat Journal) paper for three years, on the
account being presented to him refused to pay, on the
plea that he did not order the journal; that a friend had
ordered the paper to be sent to him; that owing to some
private understandi:egbseettwtilexdt themselves he considered
the the paper to have been
no way responsible for the amount. In consequence
bringeneeo
Peterhead, of
his refusal to pay, we were reluctantly obliged t
an action in the Small Debt Court at and a
receivedplathee:_foilAo
tienrg a note
strong from oemn n
tour
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gavewith de
agent in daysin sCourt'ce at that
yourreetdseghatc;nrstanhtilml:isena gtehnet.wienbilC.aosueretr,tatilniee:hperrini
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cwihpleet,htehraotrdthereereader e
to fbyahpiampeorr is bound to pay for it,

LTAMBUTtGII MAIL.

SILESIA.—Lette from Bremen inform us that on
the previtius night there had been ice. Our reports
from the Silesian mountains give the same informa-
ticn, and state that in the beginning of October the
mountain was covered with snow for the second time.
In the Hampeltoude the thermometer on the 2d of
October was 3 deg. Raumer, and the snow lay a foot
deep. In the plaint the seed has been in part de-
stroyed by the inundations : in the mountain vallies
a considerable portion of the harvest has not yet been
carried home, and on the heights the stores of fodder
are lying under snow.

VIENNA, OCT. 10.—The death of the Archduke
Frederick has excited the greatest consternation, and
the public long clung to the hope that the accounts
had been exaggerated. Immediately on the receipt
of the intelligence of the dangerous illness of his
brother the Archduke Frederick, Charles hurried to
Venice,' but he must have arrived there too late. The
royal corpse is to be brought hither, and will probably
be interred with great honours on the 15th, in the
royal Capuchins vault.

We are sorry to be obliged to report that the
cholera has found its first victim in this city. On
the 7th a man in the hospital died of an attack of un-
doubted Asiatic cholera. Precautionary measures
have been taken to prevent the spread of the disorder.
MURDER OF MAJOR WALDSTETTEN.—The three
murderers who strangled Major Waldstetten, with
the connivance of his own valet, have been taken.
They have confessed their crime, which they com-
mitted for the purpose of obtaining possession of the
large quantity of cash which the Major had in his
possession. The three men are brothers.
PENDING DIVORCE BETWEEN PRINCE ALBERT OF
PRUSSIA AND THE PRINCESS MARIANNE Or THE
HAGUE.—The Princess Albert of Prussia has
left her
children at Berlin, and will remain herself at the
Hague till the Prussian tribunals shall have pro-
nounced their decision on the subject of the divorce
demanded by her Royal Highness. The Court of
Prussia has evinced great displeasure at this step of
the Princess.

FROM THE GALICIAN FRONTIER: The report
which has been circulated that the cholera has broken
out in Silesia, Galicia, and Moravia, is, we are happy
to say, without foundation; that the typhus fever and
a malignant distemper has carried off many victims
in the circles of Galicia and in part of Silesia,
but the cold and , the frost which have already
set in will greatly mitigate them. It is
true that in regard to the tillage the cold
has come too soon. The mountains are already
covered with snow, and the fruit of cur orchards, our
oats, and our potatoes, are not yet housed. However,
we still look for some sunny days to drive away our
untimely guest, and our oats and cabbages will not
he damaged by the frost. The military exercises
among the regiments in Galicia are now over, and
numerous transports of soldiers forming the German
regiments in Galicia are daily returning home. The
energetic measures of Count
i Stadion are highly ap-
proved, and the confidence n this humane man is
daily increasing. We have this day received letters
from Constantinople of Sept. 29. The compulsory
measures against Greek subjects begin to be carried
out with rigour. The feasts in honour of the circum-
cision of the Princes continue. The city was still
free from the cholera, but it had spread on both the
shores of the Black Sea. In Odessa it has prevailed
for some time ;in Samson it has also. broken out. In
Trebisonde it had carried off, from the 9th to the
18th Sept., 103 victims out of 300 eases.
ARRIVAL OF THE EMPEROR OF RUSSIA AT WARSAW.
—WARSAW, OCT. 9.—Last night his Majesty the
Emperor Nicholas arrived here by way of Lublin,
and took up his residence at the Palace Lazinke.
At the same time with his Majesty, at twelve o'clock
at night his Imperial Highness the Heir-apparent,
also arrived at one o'clock. His Imperial Highness
the Grand Duke Constantine, attended by General
Orloff, arrived. Field-Marshal Prince Paskewich
returned from his journey to Warsaw at two o'clock.
WARSAW, OCT. 12.—0 n the day before yesterday
his Majesty the' Emperor and the Grand Duke,
attended Divine service in the church of St. Alex-
ander Newski. The monarch afterwards received the
generals who are present here. In the evening the
Heir-apparent and the Grand Duke Constantine were
at the theatre. Yesterday the imperial party attended
Divine service in the cathedral of the Holy Trinity,
where they were solemnly received by the bishop
and clergy.
VIENNA, OCT. 9.--ACCIDENT TO THE ARCHDUKE
STEPHEN.—An express has just arrived from Koman
in Hungary, from his Imperial Highness the Arch-
duke Stephen, who is the messenger for evil tidings.
As the Archduke, on his journey from hence to Offen,
was going from Koman to Raab, and about to cross
the flying bridge over the Danube, an immense
number of people rushed towards the vessel, being
anxious to get over, as the town of Raab was bril-
liantly nominated, and grand preparations had been
made for the reception of the Stadtholder. The tra-
velling carriage of the Archduke just succeeded in
reaching the vessel, but the bridge immediately gave
way, the second and third carriages and an immense
number of persons were precipitated into the river.
The most fearful confusion ensued. When the ex-
press left about 80 persons were missing, among
whom were many cavaliers from the suite of the
Archduke, but it is hoped that many of them may
have been saved. The Archduke Stephen remained
zt Koman, and sent off an express to his illustrious
mother• in-law, while his younger brother, the Arch-
duke Joseph, who is just fourteen, hastened to Offen
for the purpose of preventing all erroneous reports.
A later account states that not the bridge itself, but
the balustrade, gave way ; that a number of persons
were thrown into the water, and many drowned.
The accounts are extremely different, and vary from
9 to 46 as to the number who perished.
From the 10th to the 15th of October, 1847, 21
vessels laden either wholly or in part with grain
entered the port of Antwerp. The importations
were—

Wheat •'• 3,532,540 kil.
Rye ▪
423,650 ~
Flour •
137,590 ~
Rice .. ▪
524,300 to
OCT. 17.—The Moniteur of the day contains the
official report of the Minister of Finance and the
tables of the commerce of Belgium with foreign
countries, according to the official returns of Customs,
including 1846. From this it appears that during
the past year the importations were 14,013 head of
of sheep and pigs were 21,375,
cattle, at 1,422,850 f. The exportations were 12,930
head of cattle, at the value of 2,209,380 f. The im-
portationsof 551,735 f. The exportations of sheep and pigs
were 65,771, at the value of 1,384,897 f.
The importation of hay, 2,800,000 kil., to the value
a3t,13863,,072268f,.7_00Hf.arnRby:,8,37:3a,7n9d4 ,00kil., at
of 187,500 f.; the exportation of hay, 5,091,000, at
at the value
304,962 f. The importation of wheat, 127,827,000,
Potatoes, 330,800 hectolitres, at the value of
Brussels papers.
10,175,568 f.

AIGUILLETTES AND MousTAcnEs.—lt is said that
amongst the minor subjectsw .recently discussed by high
military authorities
moustaches for (-'re
aiguillettes for cavalry and
for the sentiments infantry,of the
but
L on their being submitted
Grace decidedly set his tne
martial appearance
Chief, his
grounds we have not heard, face against the latter ; on what
ably improve the Moustaches unquestion-
they are of reasonable thicknessappearance of a soldier, if
but as these requisites cannot and a decided colour ;
cannot. always be attained, even
by the appropriation
to the purchase of bear's portion of a soldier's pittance
grease and patent dyes, they
are better out of the
way,a Uniformity of appearance
and personal cleanliness
in-
fantry, and to neither of these
use of the moustache at all contribute.
objects would the general
contribute. Whether any
objection has been advanced
not transpired. To heavy cavalryagainst the aiguillette has
of great utility, as it would leave
we think it would be
it
ere the sword arm more
free and unshackled than
Possibly be under the
box epaulette. Every officer inn
marching order must
find it almost impossible to perforrn
the sword exercise
with ease and freedom. But if theai guillette is to be
introduced we trust it will be univer for to confine it
entirely to the Household Dragoons
would only create
fresh jealousies.—United Service Gazette,
GLASGOW PIG IRON MARKET.—.S•
our last, the
iron market has been in a most feverish state, arising
from the me-
from the state of the money market, and
lancholy accounts daily received
London, ecc.
part of the week,
During the few days in the earlie(ralaal
east for large
comparatively free from failures
the gloomy
amounts), iron rose to 61s. and 625., and one sale was re-
ported at 635. 6d., cash in a month,l but
state of affairs in London at present
has
transactions forced
has been have
prices
down to 595. to 605., at which a few
market
taken place. During the week the
very quiet—purchasers buying for immediate consump-
tion only.—National Advertiser.
Listen,"
A MORAL FOR YOUNG LADIES..-_,c
said
I, "listen and attend, and you shall have
window
an example. When the wasp newiinl
kind
the
en-
tered the room, you flew at it with
nof violence.ow.in
I wonder it didn't sting every one of
you.isbout,
a muscle—don't
little
future, let a wasp when it comes have
and make its little noise. Don't stir on,t t
move a lip—but be as quiet its the statue of Venus or
Diana, or anybody of that sort, until the wasp seems
the feather end fashl
inclined—as at this moment—to settle. Then o
do now. Whereupon, dipping
pen in the cruet of salad oil, I approached the of
e
and in the softest and tenderest manner possible juspq"
oiled it upon the body—the black and yellow likeupon
grooms' waistcoats—when down it fell,
" There, girls,'Lsalids
back, and was dead in a minute.
I, " see what kindness and a little oil does.- Now,
here's my moral and example. When a husband comes
home in an ill humour, don't cry out and fly at him;
but try a little oil—in fact, treat your husband like a
wasp?'
PRODUCTIVE POTATO.—Th.
—There was raised on Tues-
day last, from one shave growing in the garden of Mr.
William Turnbull, joiner, Appletree-hall, 61b. weight of
potatoes, and ono of them
weighed no less than 21b. 6oz.
We may mention that the potatoe s in this neighbourhood
generally are of the very best quality ; indeed they
I have not been so good for many years past.—Kelso
Chronicle,

SPORTING INTELLIGENCE.
- TATTERSALL'S.—YErrERDAY.
The Cambridgeshire betting was brisk enough on the
leading favourites, but did not involve a very heavy out-
lay; and, apart from them, was alike flat and unim-
portant. It will be sufficient to state that after the
favoured few," Newcourt, Wanota, and Deriades were
most in favour; the first was backed at 25 to 1, Wanota
at 35 to 1 (40 to 1 afterwards offered), and Deriades at
1,000 to 10, just double the odds that were offered to be
taken at the close. The prices returned are the final
averages:—

CAMBRrDGESHIRE STAKES.
Bto 1 agst Mr. Greville's Geraldine, 4 yrs, 6st—t
11 to 1 agst Mr. Nunn's Prior of St. Margaret's,
4 yrs, Bst—taken
12 to 1 agst Lord Exeter's Hydrangea, 4 yrs,
6st 10lb—taken
13 to 1 agst Mr. Parr's Giselle, 4 yrs, 7st—taken
13 to 1 agst Mr. Rolt's Collingwood, 4 yrs, 7st 121 b
—taken
13 to 1 agst Mr. Worley's Patriot, 6 yrs, Bst llb—t
16 to 1 agst Mr. Pedley's Foreclosure, 3 yrs, 7st 31b
—taken
20 to 1 agst Mr. Mostyn's Queen Mary, 3 yrs,6st6lb
20 to 1 agst Mr. Taylor's George Hudson, 3 yrs, Est
25 to 1 agst Captain Pettat's Newcourt, aged, Bst
21b —taken
25 to 1 agst Mr. Rolt's The Cur, 5 yrs, Bst 21b
30 to 1 agst Lord E. Russell's Dulcet, 5 yrs, Bst 51b
30 to 1 agst Duke of Bedford's Bridle, 3 yrs, 7st 51b
40 to 1 agst Lord E. Russell's Reminiscence, 3 yrs.
7st 21b

40 to I agst Lord Caledon's Wanota, 3 yrs, Gst 101 b
40 to 1 agst Mr. Wigram's Deriades, 3 yrs, sst 10lb
3,000 to 30 agst Mr. A. Johastone's Rough and Ready,
.5 yrs, GA 101 b—taken.
CRITERION STAKES.

6 to 4 was laid on Mr. Green's two (Assault and Flat-
catcher) and 5 to 2 agst Loadstone.

DERBY.

16 to 1 agst Mr. Payne's Glendower
25 to 1 agst Mr. B. Green's Flatcatcher—taken
30 to 1 agst Mr. Mostyn's Loadstone—taken.
PERTH RACES.—FRIDAY.

Plate of 501; for three yrs old, 7st 71b;-four, Bst 71b;
five, 9st lib ; six and aged, 9st 61b; mares, &c., al-
lowed 21b. Heats. Once round.
Mr. Binnie's Titus Oates, 4 yrs (Halloway) 4 0 1 1
Mr. Merry's br fby Lanercost—Abigail... 1 0 2 fell
Mr. Robertson's Saladin, aged ... 3 3 3
Mr. Meiklam's Susanna, 3 yrs ... 2dr
A fine race.

The Challenge Cup of 75/., given by the Ladies of Perth,
added to a Sweepstakes of 5 sovs. each; for hunters,
12st 71b each, &e. Heats. Once round and a distance.
Mr. Merry's Pilot, 5 yrs ... (Mr. Nicol) 1 1
Duke of Athol's Lycurgus, 5 yrs... ... ... 2 dr
Won easily.
The Hurdle Stakes of 5 sous. each, and 20 added, 12st
7113 each. Gentlemen riders. Once round and a dis.
Duke of Athol's Hotspur, aged . . (Mr. Rait) 1
Mr. Robertson's Devil on Four Legs, 5 yrs (fell) ... 2

_ .•
LORD ASHLEY AND THE EDIN.
BURGH INDUSTRIAL SCHOOLS.
_ _ .

On Friday Lord Ashley visited the different in-
dustrial schools established in Edinburgh, after which
he addressed a large number of ladies and gentlemen
who had assembled to meet his Lordship in the school
in Ramsay-lane. Among those present we observed
' Sheriff Spiers, Sheriff Jameson, Dr. M‘Laggan, Rev.
Mr. Drummond, Rev. Mr. Millar, Dr. Beilby, Mr.
Meldrum, S.S.C. Professor Balfour, Mr. Stewart,
W.S., Dr. Greville, Mr. Blackadder, Professor Miller,
Mr. W. Johnstone, Rev. Mr. Guthrie, Mr. Crawfurd,
Advocate, Professor Allison, &c.
On the motion of the Rev. Mr. GUTHRIE, Sheriff
Spiers was called to the chair.
The CHAIRMAN having introduced Lord Ashley to
the meeting in a few appropriate remarks,
His LORDSHIP rose, and addressed the meeting at
considerable length. He felt, in addressing a meet-
ing at Edinburgh, that he spoke to an audience
who were perfectly conversant with the important
subject that had brought them together. He felt
that there was in this city a body of ladies and gen-
tlemen who were fully alive to the improvement of
that peculiar class of the community who had hitherto
escaped notice ; and it was a discreditable fact in
the history of the government of this great empire,
that for so long a period this peculiar class should
have passed without the slightest care or attention.
Many individuals believed that the majority of this
miserable class were only isolated individuals of the
great mass of corruption, and not a wholly distinct
class, spawned in the very mire of immorality
and profligacy, and completely separated by man-
ners and locality, from all the genial influences
which exist among the rest of mankind. He felt
that in London and in Edinburgh they were asso-
ciated together for the accomplishment of a glorious
enterprise ; for he could not conceive anything more
becoming their position as Englishmen and their high
calling as Christians, than that they should be banded
together for the purpose of rescuing from vice and
misery a large portion of the human race. He had
some reason to believe that an attempt would ere long
be made in London and elsewhere for introducing a
system of things that would go far to destroy all the
benefits that would result from it. This system was
known in Scotland by the name of the hospital
system. In London, be understood, a plan was
in contemplation to send out parties to scour
all the various localities, and to send away
the children to an hospital some ten or fif-
teen miles from the metropolis, where they
would be brought up in a state of com-
plete separation from the rest of the community. He
could conceive nothing more prejudicial than such a
plan. It was, in the first place, objectionable on ac-
count of its expense - and, in the next place, it would
take away one of the chief advantages at present de-
rived from the industrial-school system—that of in-
fluencing the minds of the patents through the
medium of the children. It was the opinion of the
ministers of the various denominations, borne out
by the experience of the different City mis-
sionaries, that more good was effected on
parents through the reformation of the children,
than ever had been effected on the children
through the reformation of the parents. He was de-
cidedly of opinion that they would never successfully
deal with the vast mass of vice and immorality which
prevailed among our adult population, unless through
the medium of the children. He could quote nume-
rous cases in proof of this. The establishment of the
hospital system would therefore entirely take away
this instrumentality. He had another objection to
this system, and it was this, that it would bring up
these children in a way in which their lives would not
be afterwards led. However faulty the domestic
system might be at home, yet, with all its faults,
it was the system which had been instituted by
God; and he must say that he looked upon the per-
formance of the little duties which took place between
brothers and sisters, and the thousand other inci-
dents connected with domestic life, as worth all
the teaching which the children ever could re-
ceive under the hospital system. There were
no doubt excepted cases ; such as where children had
lost both their parents, or where the parents were so
corrupt and degraded that it became a matter of ne-
cessity that the offspring should be withdrawn
from the parental roof. Lord Ashley then went
on to show that it was of the utmost consequence to
keep the industrial schools at their due level. The
tendency of the present time was towards parade
and show ; and the consequence was, that the
clever children were always selected as the objects
of peculiar care, whilst those who required
the most vigilant attention were neglected. This
should not be ; for as long as the present popu-
lation lasted, they must make their schools to
correspond with it. Their business was in tke
mire and the gutter, and the moment they got out
of these, they were in a position which did not
belong to them. He hoped, therefore, that they
would carefully consider the matter before they
adopted the hospital system which was about to be
set on foot in London. He was glad that, with re-
gard to the schools in Edinburgh, it had been decided
to make them all industrial. To the children whc
attended these schools they must give completely new
ideas. They must implant in their minds the notion
that it is not only pleasant but profitable to be em-
ployed, and that there is another way to get their live-
lihood than that to which they have been hitherto ac-
customed of either begging or stealing. He urged this
because he had known children that had come to these
schools absolutely ignorant of the rights of property ;
who conceived that to obtain a livelihood, they were
quite justified in doing anything that came within the
compass of possibility. They must also be put to
that kind of work which they understood to be:pro-
fitable, and not merely for the purpose of keeping
them out of harm's way. Hence in London they had
put them to the making of shoes and clothes, and he was
glad to see that here they were put to the making of
nets and the teasing of hair. His Lordship then re
ferred to the good that had been effected in London
by causing the children to make their own clothes and
shoes ; one class of the boys making the former, and
another class making the latter. This plan, besides
exciting to habits of industry, implanted the desire of
appearing decent, and taught the children, besides,
the value of depending upon each other. His Lord-
ship then related some anecdotes illustrative of the
advantages that had accrued from these schools in
some of the worst districts in London ; after which he
intimated his concurrence with the opinion expressed
by Dr. Chalmers, that it was only by an aggressive
policy that they could do any good whatever in the
large and metropolitan cities. He believed that all the
reformatory systems at present in operation in out
various prisons and penitentiaries, necessary as they
might be, were useless as compared with the good
that would be effected by an aggressive policy car-
ried on through the medium of the children. lie
was of opinion that education, however necessary
and indispensable, was not the only thing.
Reading and writing were merely the avenues
by which intelligence could be communi-
cated to a child ; and therefore moral train-
ing must go hand in hand with all their teaching.
Reading and writing, however, were on the whole an
advantage, for he found from a return given by the
metropolitan police, that out of 62,841 persons appre-
hended in 1846, 22,223 could neither read nor write ;
35,467 could read and write a little; 4,222 could read
and write well ; and 509 had received a superior edu-
cation. His Lordship then expressed his conviction
that if we had gone on tor twenty-five years
longer as we had been doing for the last two
centuries in this country, we would have been
quite unable to have checked the gigantic mass
of vice and mischief. He did hope, in whatever
was done by Government or private individuals,
that they would never depart from the great principle
of making revealed religion the beginning, the middle,
and the end of all. From the Queen on the throne
to the poorest beggar, it was the one thing needful ;
and much more so to the latter, whose hope was
not in this world, but in a better state of existence.
What was the Bible? Was it not the palladium of
our liberties, and the strength and glory of our
institutions ? It gave him, therefore, the greatest de-
light to know the manly resistance which they had
lately made to a proposition to exclude the Word of God
from these schools. Was it not, he would ask, their
glory to look out for the most miserable and forgotten
of these children, and to put the Bible into their
hands, and tell them that that was their charter and
title-deeds, which no man could take from them, to an -
other and a better world ! He would impress those
who differed from these views with the fact that they
might make good citizens without making good
Christians, but they could not make good Christians
without making good citizens. Lord Ashley con-
cluded by saying that it was only by making our-
selves the acceptable people of God that this empire
could successfully withstand the shock of such lower-
ing times as the present.
The Rev. Mr. GUTHRIE, in moving the thanks of
the meeting to Lord Ashley, said if he had his will
he would turn every hospital in Edinburgh into a 1
ragged school, because he was convinced that the one
does a vast deal more good than the other. lie felt
confident that the instrumentality of the ragged
schools would tell mightily upon our large towns;
and he held that, amidst all our monuments, exhibi-
tions of pictures, universities, and
other beauties, the
Ragged School was the real lion of Edinburgh.
The Rev. Mr. MILLAR seconded the vote of thanks
to Lord Ashley.
The motion was carried amidst acclamation, and
Sheriff SPEIRS formally conveyed the acknow-
ledgments of the meeting to his Lordship. He did
not know whether or not it had been ascertained that
his Lordship had any priority of claim in the inven-
tion of the system of ragged or industrial schools;
but this did not matter much, as it was not so much
the person who made a discovery that benefited the
human race as he who took advantage of it, and made
it to work for the benefit of the human race. In this re-
i spect no person had a higher claim upon them than Lord

Ashley, who 10 the exertions which lie had made. oa
behalf of industrial schools, was actuated by the
principle that he recognised in the poor children for
whom they were designed, " bone of our hone,
and flesh of our flesh." As to the question about
the introduction of the hospital system
in connexion with these schools, he was
sure they would all respond to the remark
that had been made by Mr. Guthrie, In fact, what
his Lordship had stated against the hospital
system could not have been uttered in a place
where its truth could have been more easily
proved than in Edinburgh. They had numbers of
them here—far too many ; and although established
on a principle far more favourable than the proposed
ones could ever expect to be placed, yet they were
the very last places where, generally speaking, we
would like to see our children brought up. Sheriff
Speirs concluded by expressing the delight with
which all of them had listened to his Lordship's
stirring and eloquent address, which could net fail to
be of great benefit to the cause of industrial schools
in this city.
Lord ASHLEY shortly acKnowledged the compli-
ment, after which the Meeting broke up.--.S'eotsman.

PARIS ACADEMY OF SCIENCES.
SITTING OF OCTOBER 11.
M. Val: read a paper attributing the same origin
to two new comets discovered last year, one by M.
Vico, the other by M. Brorsen. These comets, says
M. Valz, present so great a similarity of orbit that
it is reasonable to suppose they were originally one
which divided into two, as happened with the last
re-appearance of the comet of 6;4 years. In the first
observations made by Valz of the comet of Brorsen,
he was struck at finding it pursue nearly the same
route as that of M. Vieo, preceding it by 11 degrees,
which is equal to seven days of interval, and conti-
nuing in such a way that on the 26th of February
and the sth of March the declinations were the same,
and the right ascensions differed by only two degrees.
On the 15th and 20th of March the declinations were
identical, and the right ascensions presented only a
slight difference.
M. Arago gave an account of the observations made
on the eclipse of the 9th inst. by .MM. Mauvais and
Goujon, who had gone, at his request, from Paris to
Orleans, and by M. Lausier, who had also gone to
Clermont, in the Oise. At this latter place the atmes-
-I,here was even in a more unfavourable state for obser-
vations than in Paris, but at Orleans MM. Mauvais
and Goujon were able to perceive the eclipse at about
49 min. after six. The sun was at that time eclipsed to
the extent of about the fourth of its diameter. They
began to perceive the occultations of the spots, but the
great undulations of the atmosphere, which gave to
the edges of the sun and moon a dentilated appear-
ance, did not permit them to determine exactly the
periods of the immersion. At half-past seven, the air
being more calm they prepared for the observation of
the formation of the ring, which M. Mauvais de-
scribes as follows :—" The extremities of the horns of
the sun were at this time exceedingly sharp, but with-
out apparent deformations, the undulations of the air,
however, gave them a serpentine aspect. When the
horns had embraced the three-fourths of the circum-
ference of the moon they began to advance more
rapidly one before the other, and their movement of
progression was very sensible to the eve. From this
moment I remarked several times that this movement
of progression was not uniform, but by starts—it was
not continuous, for sometimes a luminous detached
trace of light was seen in front of the horn. The ob-
scure interval which remained between two was
at first about ten seconds. It filled gradually
with light, and the detached parts blended into
each other insensibly. These detached points ap-
peared at first weak, and less resplendent than the
rest of the sun; but by degrees they acquired
more brilliancy, without change of colour. When
the extremities of the two horns of the sun were only
about 25 deg. from each other there was suddenly
formed a suite of luminous points, to the number of
ten or twelve, separated from each other. They
bore a great analogy to the tops of the mountains of
the moon, which are perceived in the first quarter,
in the obscure part and near the lighted position.
The rupture of the ring was observed at 7h. 36m. 225.-7.
But the difficulty of choosing the instant at which the
ring might be considered to be perfectly formed ren-
dered very uncertain the determiLation of these two
phases of the eclipse. I did not perceive the long
black stripes said to have been seen in other eclipses,
nor the chaplets of round beads, nor the dentilated
asperities." M. Mauvais examined attentively the
obscure surface of the moon with a Savart polariscope.
He saw no trace of polarisation. He attempted
several times to perceive outside the sun the obscure
portion of the moon which he had seen in the preced-
ing eclipse at l'erpignan, but saw nothing similar.
Ile termination of the eclipse took place at
Bh. 57m. 48s.
M. C. Sedilot gave an account of a case of farcy
communicated to a man. The person affected had
been in the habit of riding and grooming a horse that
had the farcy. lie was suddenly attacked with all
the symptoms of the disease, and after much suffering
lied. On the pc,•st mortem examination there remained
no doubt as to his having had the same disease as the
horse, but it is not known exactly how the pus by
which he was inoculated was communicated.

A FIGHT WITH KNIVES IN A

SPANISH CITY.

Suddenly the muleteer's eyeballs glared like a wild
cat's, and he gnashed his teeth together—you might
have heard them rasp—as, with a fierce cry, he sprung
from his seat, upsetting the little table, bottle, glasses,
and all, and with one bound he was alongside the
charcoal burner, and, laying his hand on his shoulder,
twirled him round with a quick violent movement,
and they were face to face. Pepe shook his fist in
he charcoal-burner's face ; but, choked with passion,
he could not speak ; the gleam of his eyes showed
what he meant. Manolo, for it was that worthy, had
evidently been drinking, and was without his hat, and
he started back at first at the startling and sudden
appearance of the muleteer. But, quickly recovering
himself, he drew forth his long knife and rushed at
Pepe ; but his arm was seized by the soldiers, and he
was held back, struggling violently, and cursing hor-
ribly. " Let us have it all fair. A ring ! a ring !"
cried they. " Not in here, not in here !" called out
the alarmed host; " not in here, gentlemen, if you
please ; go out in the street." "In the street,
in the street ! the moon is up, and there is
light enough," cried the soldiers, as they
dragged the struggling charcoal burner into the
open air. They had heard nothing of the cause
of this deadly quart., 1 ; but some backed the muleteer,
others the charcoal-burner. The waning moon shed
a faint, dubious hght down the open street upon the
strange scene ; but the atmosphere, so pure and
serene, interrupted not her rays until they fell on the
forms of the wild and now excited soldiers. Pepe,
drawing his knife, followed the charcoal burner into
the street. They were apparently well matched; each
about the same size and stature, and each armed with
a long sharp-pointed knife. But Pepe, though mad
with rage, and struck dumb with intense horror at
the sight of his dear master's murderer, had not been
drinking; and, moreover, he had his hat, and much
to avenge. The lower orders of Spaniards practice
from their infancy the use of the deadly navaja ; it
is their inseparable companion, and they can use it
with a dexterity almost incredible. I have often seen
in the towns and villages of Andalusia little boys
playing at knives with pieces of wood, and showing
great skill and readiness in handling their mimic wea-
pons. The Englishman has his fist, the Irishman his
shillelah, the negro his head, and the Spaniard his
knife, which he uses as promptly and readily as the
others; but the effect, as may be supposed, is widely
different. "Now, then, my gamecocks, at it I
,a.dollar on
the first stroke !" shouted one of the arriero s backers.

" A dollar on black face r cried another, patting the
charcoal burner on his back. Pepe and Manolo
glared fiercely at one another as each now wd
o stooddoes
before pre-
pared
to spring, crouching as a panther
his leap, their knives firmly grasped in their right
hands, with the thumb on the blade, and held about
level with the knee. The soldiers formed a ring
round them, and stood in silence ; for now it was not
fair to speak. " Toma !" shouted the charcoal-
burner, as, with a rapid movement he jumped at the
arriero with a deadly intention, but uncertain feet.
As Manolo was in the air, Pepe, with his left hand,
dashed his broad-leafed hat into his face, and baffled
his aim. The impetus of the spring, aided by the
aguardiente he had drank, carried the charcoal-
burner staggering forwards ; and, as he passed, the
muleteer, jumping quickly on one side, drove his long
knife up to the haft in the side of him who had slain
his best friend, and with a shout of triumph he cried,
" Take that for Lope !" It was all over in a minute.
The wounded charcoal-burner fell forwards on his
face, with the red blood spurting from the gash in his
TVayside Cross.

MADDISON AND CLASPER.—NeweII has arrived in
the Tyne, with the boat in which he rowed Coombes,
for the purpose of training Maddison. A. good deal of
excitement exists here, Maddison being the favourite, at
short odds. He is a strong, promising young fellow,
and must improve greatly under the tuition of Newell.
EMIGRATION TO SOUTH AUSTRALlA.—Yesterday
her Majesty's Commissioners for Emigration, appointed
a vessel to leave Deptford, for Port Adelaide, Sonth
Australia, with 130 married emigrants, on the 22d of
November next.

Mr. Campbell, postmaster, Stranraer, has been com-
mitted to prison, charged with having abstracted from a
letter in the Post-office twenty pounds in Bank of Eng-
land notes in August last. The money was a remittancv
from Liverpool to Mr. Milrick, farmer, Clenry, parish of
Inch.—Dumfries Herald.
RAPID INCREASE OF POPULATION IN THE FAB
`VEST.—The population of Ohio, Indiana, Michigan,
Illinois, and Wisconsin, in 1787, just sixty years since,
was 4,000 souls—and the population of the tame states
in 1847 is 4,175,000 souls One half of this increase
has taken place within the last sixteen years.

WATER—WORKS.
Dividend I Amount
Name of Company. per of Paid. Prim
Annum. Share.
.E s. d.
East London..• ••••• •• 81. 100 0 0 195
Grand. Junction .••• •• 31. 10s. 41 13 4 90
31. 100 0 0
Vauxhall .. •••••• •• •• 100 0 0
West Middlesex . . . 51.15s.prent. 63 12 9 ' 118

COURSE O}' EXCH
Amsterdam ...... •• • - 12 12
Ditto, at sight ...... 12 8
Rotterdam .....• .. • • 12 12
Antwerp .............. 26 40
flainburgh .... • • 11.8. 14 8
Paris, 3 days' sight .. • •

26 -

Ditto, 2* 30
Marseilles • • .. • 25 40
tourdeaux ......... 25 40
Frankfort on Maine.... 125

Petersburgh, 3 Us .. .. • .

Berlin .. ...........

Vienna, effec.flo•- •• ••
Trieste; ditt0.....• .• ••

Cadiz .. ..

IN GE.-(THIS DAY.)
Gibraltar.. .... .. •• • •
Leghorn .. .. .. .. .... .. 31 39
Genoa .. .... .. •• .. 29 49
Naples .. .. .. .. .. 39
Palermo, per oz.. ..... . 119
Lisbon.. .. • • . • • . • • • • . • 5114
Oporto.. .. .. .. .. .. .. 4134
Rio Janeiro
Bahia .. .. .. ..
Buenos Ayres .. .... • •
New York, 21 days' sight
Philadelphia .. .. .... ..

8i1ba0......

?HICKS Of BULLION, PIZ OZ,
Foreign Gold in bars.. £3 17 9

Barcelona .....

Saville ........ . ... ..

New Dollars • . 0 4 9ti
Portugal Gold Coin .. • 0 0
Spanish Doubloons .. 0 0 •
Silver lu bars ...... •• • 4 11

EXTENSIVE DAMAGE BY FIRE.
(THIS DAY.)
About four o'clock this afternoon a dense volume
of smoke was seen to issue from the wine stores
under the pit entrance of the St. James's Theatre,
King-street, St. James's.
As might be supposed the greatest alarm prevailed
in the neighbourhood, and it was thought necessary
to send for the engines without delay. Fortunately
those from the County, King-street, Chandos-street,
Crown• street, West of England, and several of the
City engines arrived, when, be it spoken to the
credit of the water company, a most excellent supply
was procured.
As the theatre itself was supposed to be on fire, the
alarm of course increased to the utmost extent ; but
on the arrival of the firemen, they poured forth tor-
rents of water into the cellar from whence the smoke
proceeded, whilst others tendered their services to
the theatre; fortunately, it was ascertained that
although situated so near the entrance to the house,
not the least damage was likely to accrue to that
establishment.

The above account was obtained from the firemen
of the house, and is truly authentic, so that reports to
the contrary are unfounded.

DANGEROUS COLLISION OF THE
VANGUARD AND MINERVA STEAMERS.
(By a Passenger on board the Vanguard.)
The Vanguard left Greenock about half-past four
on Friday afternoon, having on board about 20 cabin
Passengers- The weather was exceedingly calm and
clear. When off Corsewall Point, about 11 o'clock,
the Passengers being mostly in bed, a frightful crash
was heard, and the writer, on reaching the deck,
found that the vessel had come in collison with the
steamer Minerva, f
scene at this time was Dublin to Glasgow. The
terrific. The captain and
" crew, not being aware eef the extent of the danger,
of
could not allay the fears the passengers, who
were rushing half-dressed on deck ; and a portion
of both crew and passengers were clinging with
a short time,
eager grasp to the boats.
were some
what the fears of the passengers
what calmed, by the assurance :fgtehre captaine
that,
although at the time of the collision they
in a very perilous position, yet, from yanvltreipection
made of the damage, he was quite satisfied at there
was no danger, but that he, nevertheless, considered it
prudent to put back to Greenock.
I would not take it upon myself to say who, in
this case, was to blame. No doubt this will be made
the sub;ect of judicial investigation. It must not be
forgotten that you had, very recently, to report a
somewhat similar accident, when a smack was cut in
pieces by the Vanguard, and a young man lost his
life. Certainly such accidents seem to demand mi-
nute investigation a 3 to the efficiency of the crews of
our channel steamers, so that the lives of so many
human beings may not be so often put in jeopardy.
(FROM OUR GREENOCK CORRESPONDENT.)
On Friday night, between eleven and twelve
o'clock, off Corsewall, as we are informed, the Van-
guard, on her trip from the Clyde to Dublin, and the
Minerva, from Dublin to the Clyde, came into col-
lision, when both vessels, it is said, were going almost
at full speed. The Vanguard was dreadfully shat-
tered in the starboard-bows, the iron plates of the hull
and the timber work of the gunwale being stove in as
they had been sheets of pasteboard, and great part
of the fore deck being carried away. The Minerva,