The Sun.
London, England, 1847-10-21 00:00:00

Tltik LOWD(II44, :11141./ RiSD FVENING, OCTOBER 61, }Pell.

MONEY-MARKET and CITY NEWS
CITY, WEDNESDAY EVENING.
TIMES.—The English funds have been much
more steady to-day, and have again closed at a slight
advance upon the opening prices. The first quota-
tion of Consols for money was *79i to but some
large sales soon forced them down to 79i. After
this, however, it became evident that the public were
buying largely, and a gradual and steady advance
took place in consequence until the price reached 80,
from which there was not wuch alteration up to the
close of business, when it was 791 to 80. For the
Account, the range of Consols in the morning was
from 80; down to 79*, after which they rallied to
130 i, leaving off at 80i to f.
We are glad to state that Messrs. John Shewell
and Co., the Stock-Exchange firm, who suspended on
the 30th ult., have to-day resumed business, after
Paying all their differences in full.
At the Bank there was a further arrival of gold
from Paris, to the amount of 30,000/.
Letters from Liverpool received this morning re-
mark, with reference to the stoppage of the Liverpool
Banking Company, " It will be a small affair, and
arises from the usual facilities being withdrawn by
the Bank of England. We understand that in their
a:mount with that institution 20,0001. ran out on
Vonday morning, but in consequence of the stoppage
'of the R,oyal Bank, the Branch Bank here refused to
discount`" It is added, "we do not hear of any
other disasters of moment, but the pressure for cash
is painful." H. Grazebrook and Son, connected with
the iron trade, are stated to have suspended, and also
`W. Jones and Co., wholesale tea dealers, the liabilities
of the latter firm being from 20,000/. to 40,0001. It
appears that Messrs. Curries and Co., the London
agents of the Liverpool Banking Company, will
escape entirely without loss.
It is understood that an application was made at
the Bank of England to-day for assistance on behalf
of one of the large Liverpool houses, whose affairs are
mixed up with those of the Royal Bank, and that the
decision will be made known to them after the Court

to-morrow.
The accounts received of the affairs of Knapp and
Co., the Abingdon bankers (against whom a fiat in
bankruptcy has been issued), appear to be as bad as
possible. Speculations in the funds are understood
to have been the final cause of the breakup, and it is
" feared there will be no assets at all," so that many
of the farmers in that part of the county, who are
large creditors will be nearly ruined. Mr. Luard,
who visited Abingdon with the view of ascertaining
if the concern admitted of being carried on, was
unable even to see Mr. Knapp, but; with the authority
of his directors, before leaving the town he opened a
branch of the London and County Bank.
A meeting of the creditors of Messrs. Perkins,
Schlusser, and Mullens, whose stoppage took place
on the 28th of September, was held to-day. Mr.
Joseph Tritton was in the chair ; when a statement
of their affairs was submitted for consideration. From
which it appears that a surplus was shown, after
deducting all estimated amounts of loss, of 8,7211. ;
and thus far, therefore, the expectations held out at
the date of suspension bid fair to be realised. At the
same time, the liabilities on bills receivable are very
large, and that much will consequently depend upon
the absence of any casualties that may bring the
holders of them as claimants on the estate. After
some discussion, from which it was evident that the
communications made to the meeting were consi-
dered, on the whole, to be very satisfactory, it was
resolved, that the estate should be wound up by the
firm, under inspection ; Mr. Joseph Tritton, Mr. W.
E. Few, and Mr. Edmund Brandt (of whom the two
latter represent foreign creditors) being the parties
named. _ _ _

A meeting was also held of the creditors of Messrs.
Hastie and Hutchison, whose stoppage, arising out of
that of Denny and Co., of Glasgow, took place on the
10th of September, and a statement, prepared by
Messrs. Quilter and Co., the accountants, was ex-
hibited. The statement showed a deficiency of only
11,6551., and a consequent dividend of 15s. in the
pound. This amount Messrs. Hastie and Co. pro-
posed to pay by four instalments, viz., ss. down, is.
in four months, 2s. 6d. at nine months, and 2s. 6d. at
fifteen months, to which the meeting agreed. It
transpired that the firm had sustained bad debts, since
the commencement of the corn panic, to the extent
of 28,000/.
CHRONICLE.—There has been an improvement
in the general character of the Money Market this
afternoon. The public funds have assumed greater
steadiness, and securities of all descriptions have borne
an increased value towards the close of business at
the Stock Exchange. But the general impression in
the City and in the beat-informed circles is, that the
Government will be compelled to propose some miti-
gation of the existing law, to which the aggravation
of the present distress is ascribed.
The failure of large mercantile firms has been
susceptible of explanation, by reason of the trans-
actions in which they are engaged, and the gradual
decay to which most of those which have suspended
payment have been subject. But the difficulties
which threaten other houses, whose transactions are
conducted on sounder principles, and whose position
would, under ordinary circumstances, be considered
safe, have shaken the public confidence to a degree
almost unparalleled in the commercial history of
the country. Day after day the removal of notes
from circulation is going on, and men prefer to keep
accounts in bank-notes in their own strong boxes,
rather than leave themselves unprotected against the
chances which they know not how soon they may be
called on to meet. The feeling in London, as in
Liverpool, is decided on the subject. In spite of the
reply which the deputation received from Lord John
Russell and the Chancellor of the Exchequer vester-
day, it is firmly believed that the necessity of the
case will be made apparent, and that an issue of notes
will be authorised by the Government without fur-
ther delay. It is impossible that, with the means of
information at their command, they can be ignorant
of the state of affairs ; and it is incredible that, with
a knowledge of what must result from a prolongation
of the present crisis, any further hesitation on their
part can exist. The circumstances of the time present
bear down all the minor differences of currency systems.
Their discussion may be postponed to a period when
there is less of positive and imminent danger. But with
the mercantile interest at its last gasp, necessity de-
mands an immediate remedy to recall the fleeting
strength, rather than a philosophical discussion as to
the peculiar character of the disease under which it
labours. In the meantime the country awaits with
the keenest anxiety the decision of the ministry.
They will he judged by their acts, and have now an
opportunity of securing the support and confidence
of the whole mercantile community of the empire
The Liverpool Banking Company which we re-
ferred to yesterday as having been unable to con-
tinue their payments, have kept their doors open to-
day, but only to answer inquiries. They have made
no public announcement of their inability to meet
the demands upon them ; but there does not seem to
be any probability of their resuming payments. The
stoppage was officially intimated to their London
agents this morning. The bank was established
in 1836, about the same period as the Royal
Bank, which has failed with it; but it is in
every respect a much smaller establishment, and the
amount of deposits is insignificant compared with
those of the other bank. Its stoppage at this junc-
ture will however occasion much difficulty, and add
materially to the distress of the people of Liverpool.
The number of partners is about 150, and the shares
201. each, of which 101. only has been paid up.
It is stated that the shareholders are very respectable,
and it is probable that the affairs of the bank will be
satisfactorily adjusted, even more speedily than those
of the Royal Bank, notwithstanding the greater
wealth of that establishment.

Tnere has been no fresh disaster of importance
announced in Liverpool to-day, although two or
three houses of secondary importance have been
obliged to come to a stop. An extensive building
_.211:1, who banked with the Royal Bank, have given
naecte to their workmen and the public that in con-
i.ence of their funds being locked up in the Royal
Bank they will be obliged to suspend their works,
and discharge
_the greater part of their hands.
deputation met• Tfhe reception which the Liverpool
warmly discussedr?imn Ministers yesterday has been
conclusion generally the City circles to-day. The
strongly fortified a "e to is that Ministers are
opinion of influential against
interference by the
whom are numbered a- the City, amongst
Imtaileossviitny of the directors of
the Bank of England.
the same time, re-
ported, upon authority that entitles it it to credit, that
on the subject
Lord John Russell is more
great difficulty
than some of his colleagues, but that
is experienced even by him in comiantgi to any definite
attempt to
conclusion as to the modus operandi
afford relief. That there is great dive;lsiatn
on this part of the subject, even among of
opinion
the most extensive experience in monetary personsandmerof-
cantile affairs, must be admitted. Different forms of
administering relief are, in consequence, advocated in
every direction, but no scheme yet proposed appears
so likely to answer the purpose as to remove all re-
straint upon the issues of the Bank of England, and
leave the whole responsibility of extending accom-
modation on the directors of that establishment.
This was the course which was successful in
arresting the panic in .1825, and the extent
to which the extraordinary issue of the Bank
of England was carried on that occasion we
stated in the Herald of Monday last. This is a
course which the law now forbids, but which an
order in council could sanction ; and who dreams of
the refusal of an act of indemnity for such an order ?
One of the arguments used against all interference,
which has some plausibility, is, that no interference
should
be made either on the part of the Government
2111. the Bank that would have a tendency to prop up
isouesoh aselvcent
some_ erns. There are, however, very few
of any consequence whose real situation

has not been so much exposed that they will not be
able to maintain their position for any length of time,
and even if a few of them should escape, the evil is of
less consequence than the fall of numerous solvent
concerns. The best illustration of that fact will be 1
found on reference to the early months of 1826, for
although the panic was allayed in the beginning of
January, the bankruptcies and declarations of insol-
vencies were more numerous than before the Bank of
England extended her issues.
As an illustration of the different views taken on
the subject of relief, we annex the following letter to
Lord John Russell, by one of the largest capitalists in
the City, although we do not concur in the suggestion
made by him to the Premier, as the most eligible
method that can be adopted :
(Copy.)
" Old Swan Wharf, London Bridge,
Oct. 11, 1847.
"My Lord,—l venture most respectfully to sub-
mit, for the consideration of your Lordship and her
Majesty's Ministers, a plan which, in my judgment
(founded on a long mercantile experience), would ma-
terially relieve the present morh-tary pressure in the
commercial world, and restore confidence, the want of
which is prevailing and extending to such an alarming
degree in the community at large.
"My plan is simply to fund five, say five millions,
Exchequer-bills, and to allow Exchequer-bills to be
received in payment of excise and customs duties, the
same as bank notes.

"At a period like the present, when credit is de-
stroyed and the whole commercial system convulsed,
it is, perhaps, unnecessary for me to offer any apology
for this intrusion on your Lordship's notice ; but I
trust, whether my suggestion be deemed worthy your
Lordship's consideration or not, that you will kindly
excuse the liberty I have taken in making it, and
" Remain, my Lord,

" Your Lordship's most obedient humble servant,
(Signed) " RICHARD THORNTON,
" To the Right Hon. Lord John Russell,
First Lord of the Treasury, &c."
(Copy.)
" Downing-street Oct. 12, 1847..

" Sir,—Lord John Russell has desired me to
acknowledge the receipt of your letter of the 11th
init., on the subject of the present monetary crisis.
" I am, Sir, your obedient servant,
(Signed) " GEORGE KEPPEL.
" Richard Thornton, Esq."
The Liverpool Banking Company apprised Currie
and Co., upon whom they drew in London, that
they had stopped payment this morning. This bank
was established in 1826, but it never had a very ex-
tensive business, although its affairs have been
al ways considered to have been well conducted by
the manager, Mr. Wilson. By the last returns to
the Stamp-office there were 150 shareholders, but
the amount of paid-up capital has not transpired.
Currie and Co. held a balance of 6,0001. in favour
of the bank, so that the stoppage is believed to be a
matter of prudence, to avoid making sacrifices. It
is, however, understood that the affairs will be
wound up.

THE MONEY PRESSURE.
(From the Liverpool Courier of yesterday.)
OFFICIAL CIRCULAR.

" The directors of the Royal Bank of Liverpool,
having waited the result of the town deputation,
regret that it has returned unsuccessful; there is still
another effort being made by the directors for assist-
ance, the result of which will be made known as
soon as ascertained.
" Royal Bank, 20th October, 1847."
BIRMINGHAM, WEDNESDAY.
The fol:nwing memorial to the First Lord of the
Treas...cy is to be submitted for the approval of a
public meeting in our town-hall on Friday evening
next. It is unnecessary to say that it will be car-
ried :
" The Memorial of the undersigned Inhabitants
of Birmingham—
" Showeth,—That your memorialists have wit-
nessed with grief and astonishment the unchecked
progress of ruin which will have made the last twelve
months fatally memorable in the history of this
country. Houses whose experience and wealth had
grown up with the growth, and were interwoven with
the existence, of English commerce, have been suddenly
destroyed ; and other houses, whose vast fortunes
had been shattered by former shocks of our monetary
system, have now been swept away by renewed cala •
mities. The place of these great agents of English
commerce, prosperity, and power, cannot be suddenly
filled up. The wealth and experience necessary to
create and sustain these great houses must grow up
together. Your memorialists lament the attempts
which have been made to conceal the ruin caused by
the Bill of 1844, by attacking the character of its
victims. These unfortunate and libelled men have
not fallen from any imprudence of their own; they
are found generally not to have extended their en-
terprise beyond the healthful requirements of trade,
or beyond that due proportion to the extent of their
property, which ordinary experience had justified, hut
they hive undeniably been destroyed by the fatal law
of 1844.
" When the high price of food caused by the bad
harvests of 1845 and 1846, the great railway con-
tracts sanctioned by the deliberate decision of Par-
liamentary committees, and confirmed by Parliamen
tary acts, as undertakings of importance to the
national welfare—when these and other circumstances
combined rendered an increase of monetary facilities
imperative, then the Bank of England, notwithstand-
ing the exportation of 10 millions of gold money for
the needful purchase of food, was compelled by the
law of 1844 further to contract its paper issues.
With an abundant gold circulation, the law of 1844
permitted the issue of thirty millions of paper money
by the Bank of England. The nation was tempted
into enterprises of great extent by this large basis for
its operations. The gold money had been reduced by
at least ten millions, and the law of 1844 has reduced
the issues of paper money to the Bank of England
to 21,961,5851., and the Bank of England, though
using its resources to a limit almost dangerous to
itself, has been compelled to reduce the actual circa-

latioa of legal tender paper to 18,639,8851. The
completion of undertakings and the payment of
obligations entered into when gold was plentiful and
paper money abundant are thus rendered impossible.
It is the madness of the law and the crime of the
Legislature, and not the speculative spirit of the
people, that has produced the ruin that now affects the
country.

"The danger of this Bill was clearly pointed out
by the bankers of London at the time when it was
under discussion. Their opinion was embodied in
a memorial to the Right Hon. Sir Robert Peel,
submitting that some power should be reserved by
the Bill for extending the issues of the Bank of Eng-
land in cases of emergency, to be made apparent
to the First Lord of the Treasury, the Chancellor
of the Exchequer, and the Master of the Mint. This
opinion of men so familiar with monetary affairs
should have been absolutely decisive of the impracti-
cability of the Bill. In the opinion of the London
bankers the Act of 1844 could not be carried out
without a tampering clause. Your memorialists are
of opinion that the main principle of the Banking
Acts of 1819 and 1844 is altogether erroneous, and
that the Act of 1844, which was framed for the ex-
press purpose of carrying this principle into strict
operation, cannot be continued in its integrity with-
out producing consequences too terrible to be con-
templated. The principle to which your memorialists
refer is that which makes the foreign exchanges the
regulator of our internal circulation. This principle
they consider erroneous, because whenever, from any
cause, no matter what, gold is either drawn out or
sent out of the country, or hoarded from panic, the
home trade is deranged by the monetary value of all
commodities being reduced, not simply in proportion
to the gold withdrawn from active circulation, but in
many cases in a proportion exceeding ten times in
amount the gold withdrawn. An exact estimate of
the value of the national securities, calculated at pre-
sent prices, would show that there is no exaggeration
in this statement. The value of the national secu-
rities is now more than one hundred and fifty mil-
lions below par. Other securities have been reduced
in monetary value in a like ratio. The large falling
off in the income of the nation, as shown by the late
revenue returns, is an admonition which cannot
safely be disregarded. The same amount of taxes
cannot be paid out of the diminished profits of reduced
capital.'
" The struggle between the railway and the mer-
cantile interests for the monetary facilities of the
nation, your memorialists consider to be another proof
of the inadequacy of the present monetary system, as
your memorialists are of opinion that no impediment
should be allowed to stand in the way of employing
productively the whole of the labouring population, in-
asmuch as that it must be quite evident that it is better
that the labourer should be supported by his own
gains than that he should be supported as a pauper.
The present monetary system, by unduly limiting the
amount of the representation of property, in the opi-
nion of your memorialists, forbids that the credit of
the country should be used for this purpose, and
Were the monetary
hence the attempt of
soynseteimnteereusatltotostthreanwgalen't‘sheoofthtehre.
country, the whole of the population would be pro-
duic,tiyvenluyr emmpelrnoyneridaiaitstrsemwuirating wages.
would
wl warnd absolutely y (r
necessary
that energetic measuresataidreowun
')rinout to your
bviuVnhdoing so
to restore confidence,
Lordship the policy pursued in 18
they only point it out as a palliative
and to alleviate the present pressure,beingmcomany be
that nothing less than an entire abandonment of convinced
principle of the present monetary system will restore
general and permanent prosperity.
" Your memorialists would warn you that the
means of sustaining employment are rapidly giving
way, and that very soon will be added to the evil of
a falling revenue the dangerous discontents which
always arise out of a general condition of suffering,

and 114 difficulty of providing the means of existence
for the unemployed masses of the people.
" Your memorialists, while they thus warn your
Lordship of the necessity of immediate palliative
measures earnestly entreat your Lordship to take
into consideration the whole system of the currency,
with a view to such a reform of the monetary system
as will give to the nation an efficient, just, and secure
instrument of exchauge."

SUSPENSION of RAILWAY CALLS.
MANCHESTER, WEDNESDAY.—To-day the deputa-
tion appointed at a meeting of shareholders in the
Liverpool, Manchester, and Newcastle Junction Rail-
way, lately held here, waited on the directors of the
company by appointment, at the offices in Princess-
street.

The deputation consisted of Sir Ralph Pendlebury,
Mr. Rawson, Mr. Harpur, and other gentlemen.
They were received very courteously by Mr. Wilson
Ffrance, of Rawcliffe-hall, the chairman of the direc-
tors ; Mr. Thomas Broadbent, Mr. Wilson, the secre-
tary ; Mr. Hawkshaw, the company's engineer ; and
others.

The proceedings on the part of the shareholders'
deputation resolved themselves into three questions :
First, whether the directors were disposed in the pre-
sent state of the money market to abandon the under-
taking ; secondly, whether they were disposed to
return any portion of the 98,0001., now in hand, and
wait for more favourable times ; and, thirdly, if not
disposed to do either, what they really were disposed
to do?

The directors replied, that after mature considera-
tion they found that they could not do the first with-
out a new Act; that their legal advisers informed
them that to do the second would be illegal; and, as
regarded any reply to the third inquiry, they might
state that they were perfectly aware of the condition
of the money market, that they would do all they
ould to suspend works and curtail expenditure, that
they had let no contracts and had bought no land,
except conditionally, and that it was their intention
to suspend all operations, in so far as was consistent
with their engagements. The directors also drew the
attention of the deputation to a memorial which they
had submitted to the Railway Commissioners, expla-
natory of the difficult position in which the directors
felt themselves placed. The suggestions contained in
it were received as valuable by the Commissioners,
but those functionaries could not give any promise as
to what would be done in the matter, as they were
only prepared to receive the memorial in a suggestive
point of view. This document, a copy of which was
furnished to the deputation, represented that under
their Act of incorporation only two courses or alterna-
tives were open to the directors—in the one case, either
to proceed to make calls ; or, in the other, to let their
Act of incorporation expire. To do the latter would
involve the loss of all the outlay incurred in Parlia-
mentary expenses and surveys, besides, in all proba-
bility, the loss of the remaining deposits, inasmuch as
engagements had been entered into which the direc-
tors would be compelled to complete, such as those
with landowners, &c. The depution to the Commis-
sioners, however, had suggested that in order to meet
the difficulties in which they, and companies in their
position were placed, a general measure should be in-
troduced early in the next session entitling companies
to defer the prosecution of their works until a more
favourable period, with powers for an extension of
time in the purchase of lands, &c., not longer than
fifteen years.
The Liverpool, Manchester, and Newcastle Com-
pany is about the first that has publicly moved in this
matter, and its example is expected to form a prece-
dent that will be pretty generally followed, at least as
regards this district. The total deposits received
amounted to 179,0001., and the total expenditure to
about 80,0001., leaving a present balance of 98,5C01.
Nothing beyond the finishing of the surveys and plans
for the portion of the line from Kettlewell to Bolton
Castle, fifteen miles, which it was intended first to
commence out of a total of sixty, and which includes
a summit tunnel, has been done, and this only has
been staked out. The line is to a great extent in
alliance with the Lancashire and Yorkshire Railway.

former 'prices, The wool market continues heavy,
and sales limited. The manufacturers are as indiffe-
rent about buying, at the present time, as the dealers
are about selling.

HALIFAX, SATURDAY.—The trade in our piece hall
becomes more and more depressed. Neither plain
nor fancy goods can meet with purchasers, and the
manufacturers are refraining, as much as possible,
from adding to their stocks, which are already very
heavy. We have had one of the worst markets for
yarn we have yet experienced, arising from the
general mistrust brought about by the many distress-
ing failures. Production is continuing to be more
and more limited, but the price of wool prevents any
general reduction in the price of yarn, except in cases
of individual need. The purchases of long wool are
only made to supply daily wants, and rates continue
nearly the same, except for cash purchases, where
money is wanted. There is not much doing in short
wools, and prices remain unaltered.
HUDDERSFIELD, TUESDAY.—The market has been
very dull. We have a few foreigners in the town,
but they make no heavy purchases. There was never
known a period of greater anxiety, and want of con-
fidence is so felt that there is but little desire on the
part of manufacturers to do business.
LEEDS, TUESDAY.—We cannot say much about
this day's market, the transactions actually done
having been most insignificant. The causes of the
present stagnation of business are too well known to
reluire special mention. But, with all these adverse
circumstances, our commercial body of the district
may be considered sound; and even the busy tongue
of mischievous rumours does not reach it.—Man-
thester Guardian.

LAW INTELLIGENCE.

SECONDARIES' COURT, Oct 20.
(Before Mr. Secondary JAMES.)
THE QUEEN V. LEWIN AND WIFE.
This was an extent in aid of the Crown. The writ
directed the Sheriff of London to ascertain, through a
jury, what goods and chattels, lands and tenements,
&c., the defendants possessed within the bailiwick of
the said Sheriff.

The proceeding was instituted by the Post-office
authorities, the defendants having become defaulters
in the sum of 1661. 6s. id., for postage on letters,
stamps, and stamped envelopes, which they had re-
ceived by virtue of their office as district receivers, in
Little Ryder-street, Doctors'-commons.
Mr. Nathaniel Hildyard, the officer to the Sheriff
of London, proved having made a seizure on the
defendants' property in Little Ryder-street, and that
it consisted of furniture, fixtures, and a small quantity
of pickles and other goods, forming a portion of the
trade stock of an Italian warehouse.

Air. Charles Furber, a broker and valuer, proved
that the whole of the goods seized were worth 301.
The Learned SECONDARY inquired how it was that
the wi`e was sued with the husband, when in law the
property was the husband's ?

A professional gentleman, who appeared for the
Post-office, said that Mrs. Lewin was, in point of
fact, the person appointed by the Post-office autho-
rities, and that she had married subsequently to the
appointment.
The Learned SECONDARY then directed the jury
to find a verdict for the Crown in the sum at which
the goods were valued.—Verdict, 301.

REILY V. ROYER.
The parties in this action were brokers, in Old-
street, St. Luke's. The plaintiff sued the defendant
for the sum of 136/. 19s. Bd., to which the latter suf-
fered judgment to go by default, and therefore the
case came before the Court as a writ of inquiry.
In the year 1834 the defendant, Mr. William
Henry Royer was appointed collector of the paving
and lighting rate of the parish of St. Luke, and as
security for the money invested in his hands from
time to time, he was called upon to provide two sureties.
The plaintiff, Mr. Miles Reily, became one, and a
Mr. John Coats the second, and both those gentlemen
executed a bond as security for the defendant. In
1845 Mr. Royer became a defaulter to the parish in
the sum of '2691 15s. 33d., and shortly afterwards
the sureties were called upon to make good the defi-
ciency, according to the proviso of their bond. This
was not, however, immediately complied with, and the
consequence was the service of a writ on each surety.
The plaintiff thereupon paid the demand, his moiety
being 1341. 17s. Bd., with two guineas the cost of the
writ, and this sum he now sought to recover.
Evidence having been given in proof of the claim,
the jury were directed to return a verdict for plaintiff.
Verdict--Damages, 1361. 19s. Bd.

COURT OF BANKRUPTCY, Oct. 20.
(Before Mr. Commissioner Eva.Ns.)
IN RE RICHARD HOUSE.
This insolvent, who was a coal-dealer in Bethnal-
green-road, applied for his interim order, and was
opposed by a creditor in person.
In cases of insolvency there is a blank left in one
part of the petition for the insolvents to fill up, by
stating whether or not they have any assets, and when
they have not, the practice of this Court requires
that it should be filled up by the word " Nothing,"
but in the present case the insolvent had substituted
" 0. 0. 0."
The creditor (whom it was stated by the insolvent
was the latter's landlord, with whom he resided four
years, and only now owed a balance of 31.), having
made a statement in opposition,
His HONOUR said that he did not know what the
creditor meant. He should like to know.
The creditor then said (handing in the petition),
"Look at these. Here are oughts."
His Hosoua said that the objection was fatal, and
that the petition must be dismissed.
Dismissed accordingly.
IN RE BARLOW AND GILL.
These bankrupts, who were hop-merchants, carry-
ing on business in Southwark, now applied for their
certificates, having passed their last examination a
short time since upon the balance .sheet, of which the
following is a copy
From the 14th Sept., 1840, to Ist April, 1847.
Dr. s. d.
To Creditors .
To Liabilities .. ..

£23,098 0 6
To Capital, 14th Sept., 1840 .
To Profits and Commission received, as
per Account Book ...

Total £47,214 9 11
Cr. £. s. d.
By Debtors, good.
By doubtful and bad
By property taken under the fiat..
By liabilities 6,184 13 5
By W. R. White, balance of 2,5001.
given him on dissolution of partner-
ship, 1840
Drawn out by John Barlow
Drawn out by James Gill
Expenses in trade.
Losses

Total ...... £47,214 9 11
Mr. Lawrence appeared in support of the bank-
rupts, and they were unopposed.
His HONOUR observed that the expenses were very
large ; but yet they did not come within his general
rule, and therefore Messrs. Barlow and Gill must have
their certificates forthwith.
Granted accordingly.

POLICE INTELLIGENCE.
MANSION-HOUSE.
The LORD MAYOR said it would appear as if the
swindlers about town expected to derive advantage
from the existing commercial embarrassments, for he
found they were sending their circulars, headed
" Commercial information and temporary assistance
to merchants, manufacturers, tradesmen, and private
gentlemen of respectability," and offering pecuniary
accommodation to any extent upon goods or good
bills, &c. He had just received the following letter,
enclosing long printed circulars of the kind alluded to
addressed from the Old Kent-road, and subscribed,
" Yours, very respectfully, John Evans, Brothers,
and Co., factors and commission brokers."
"My Lord,—l have this morning received the en-
closed circular (for which I have been taxed with
postage) ; and as it appears to me that they are an
emanation of scoundrelism, I venture to transmit
them to your Lordship, that the designs on the un-
wary in this season of commercial embarrassment of
the parties calling themselves 'John Evans, Brothers,
and Co., factors and commission brokers,' may be ex-
posed as your Lordship may best judge. I have
marked a paragraph in one of the circulars with red
ink. " I remain, &c."
The paragraph is as follows :—" It is particularly
requested if this circular is of no immediate service,
it may not be shown unless to a confidential and re-
spectable friend, whose object it is likely to serve, or
you might wish to avail yourself of this assistance on
some future occasion, as it is not multiplicity of busi.
ness we want, but respectability, and in the safe, quiet
mercantile manner which our friends have now for so
many years approved of."
The Lord Mayor observed that exact copies of the
circulars enclosed had been for several years sent
round, the swindlers who used them having adopted
a great variety of names. The perseverance in the
practice of addressing them to merchants and traders,
whose names and addresses were obtained from the
Directory, was sufficient evidence of success, if there
were not the positive and melancholy testimony of the
victims who had from time to time addressed the
Chief Magistrate to supplicate attention to the cruel
plunder to which they had been subjected. He
hoped that, at such a time as the present, those who
suffered from a temporary emergency would not make
themselves liable to more severe and bitter injury by
believing one word of the contents of these circulars.
If those who joined in such a vile conspiracy hap-
pened to be within his jurisdiction, he should cer-
tainly proceed to very summary operations. The
mischief accomplished by the fellows who thus audaci-
otkly kept up a system of deception, notwithstanding
the repeated exposures in the press, was, he was given
to understand, incalculable. The only mode, he re-
gretted to say, which he had of counteracting the
future operations of the gangs of rascals with whom
the metropolis abounded, was by steadily and reso-
lutely denouncing them in the justice-room, and thus
recommending them to the wholesome castigation of
the press, to which the public were so vastly indebted
for its information and admonitions upon the subject.
Sir PETER LAURIE waited upon the Lord Mayor
to inform him that Joseph Ady had, for the purpose
of pushing his business with the public, introduced
in his circular to those whom he professed to be able
to inform of something to their advantage, the names
of the Lord Chancellor, the Judges, the Bishop of
Winchester, Sir Fitzroy Kelly, Sir E. Sugden, &c.,
each of which individuals would be entitled to 1001.
and upwards upon sending to him 20s. for his cost
and trouble, by order on Whitechapel Post-office,
and paying the postage both ways.
The LORD MAYOR said he had himself received a
few days ago a letter from Ady in precisely similar
terms, and containing the high names adverted to,
no doubt to catch the eye of the inexperienced, who
might calculate that no man in his senses would use
such names without authority. He had had the
honour of a communication from the Marquis of
Downshire, enclosing an invitation from Ady to
transmit to Whitechapel Post-office 20s. for upwards
of 1001. The Lord Mayor hoped that Mr. Ady, who
appeared to be more confident of success than ever,
was not at this unfortunate commercial crisis deriving
profit from his indefatigable spirit of humbug.
LAMBETH.
_ _ _

Edward Pearse was charged before Mr. Elliott
with having some pot metal in his possession, of which
he was unable to give a satisfactory account.
Police-constable George Quinnier, 201 P, deposed
that on Tuesday evening he met the prisoner in the
Walworth-road, and perceiving something bulky in
his coat pocket, and knowing him before, he stopped
him and asked him what he had got in his pocket ?
The prisoner replied that that was no affair of his,
upon which he (witness) said he must accompany him
to the station-house. The prisoner did so, but on the
way drew from his pocket a piece of calico, in which
were some pieces of metal, evidently portions of a
publican's pint pot.
The prisoner, in reply to the charge, said he was
driven to the offence by sheer want and destitution.
Some days ago every article he possessed was seized
for a week's rent, and both himself and his wife turned
into the street. They had applied to be received into
the workhouse, but were refused, and his wife was at
that moment lying in a state of illness almost on the
bare boards. In the room which he occupied there
was a pint pot, and being in want of necessaries, he
broke it up, and was going to sell it, when he was
met by the constable as he had stated.
Mr. Games, who had been referred to by the pri-
soner, said his statement with respect to his goods
being seized was perfectly true, and his case he (Mr.
Games) believed to be of such extreme hardship that
he had undertaken on his behalf to appear against a
broker who, for ss., one week's rent, had swept away
every article that he possessed in the world. In that
case a summons had been granted against the broker,
and a day was appointed for the hearing.
Mr. ELLIOTT inquired the former character of the
prisoner, and was informed by Quinnier that he had
formerly been the associate of a gang of desperate
characters ; but latterly his sight was very bad, and
he was not so much with his former associates.

Mr. ELLIOTT committed him to prison for 14 days
for the illegal possession.
THAMES.

FELONY BY A CHIEF OFFICER.—T. Gill, late
chief officer of the barque Cumberland, lying in the
West India Import Dock, was brought up for re-
examination, charged with stealing six bags of rice
from the cargo, at Port Louis, Mauritius.
The particulars of the case appeared in The Sun of
yesterday, It will be remembered that on Tuesday
the captain stated that whilst lying off Port. Louis, on
the 12th of March, 1847, whilst the cargo of rice they
had taken in at Calcutta was being discharged, the
prisoner employed the crew to cut open the bags, and
he abstracted the quantity mentioned. He sold it
to a Custom-house officer of the place, and it was
only discovered owing to that officer attempting
to smuggle some rum ashore at the same time with
the rice.

Yesterday Mr. Pelham called Jacob Jackson, the
second mate of the Cumberland, who corroborated the
evidenoe of the captain.
The prisoner was fully committed to Newgate to
take his trial for the felony.
WESTMINSTER.

George Walker, baker, Union-road, Wandsworth-
road, was charged with abusing and violently assault-
ing Mrs. Charlotte Law, a lady residing at 12, Addis-
son-street, King's-road, Chelsea.
It appeared from the evidence of the complainant
and two witnesses, that she was crossing from Ebury-
street, Pimlico, to the Victoria-road, with a female

friend, named Thomas, residing in Ranelagh-grove,
Pimlico, at about nine o'clock on Tuesday evening,
when defendant pushed against her. She requested
him to desist, and, with her friend, walked on, in
order to avoid him, but defendant followed and
abused them, and after proceeding a few yards, threw
a loaf of bread, which he had in his hand, at them.
The loaf, after bending Mrs. Thompson's bonnet,
struck Mrs. Law in the face with such violence as to
make her nose bleed very much, and leave a slight
mark under her right eye. She was unable to speak
for two or three minutes, but followed defendant, and
subsequently gave him into custody.
Defendant said he certainly came in contact with
the complainant, and was going on, when she slapped
his face. Had she not done this he should not have
thrown the bread at her, which he admitted he had
done. He added that he was a respectable man, with
a family, and should be sorry to hurt any lady.
The lady most positively denied the defendant's
assertion that she had slapped his face.
Mr. BRODERIP observed that he should send the
case before a jury. If he were to impose the penalty of
51., the highest he had the power to inflict, on a man
in defendant's condition of life, he might go away,
after paying that sum, with the idea that for the price
of Si. he might assault any female he happened to
meet with in the street. It had been distinctly proved
that he had abused the complainant, and had followed
that abuse up by a most unprovoked assault. If those
who bad given evidence before him were the wit-
nesses of truth, the penalty he had the power to
inflict was inadequate to the offence of which the
defendant had been guilty. He should therefore call
upon the defendant to find good bail for his appearance
at the Sessions.

The witnesses were then bound over to prosecute,
and bail was shortly afterwards put in by the de
fendant.

MARYLEBONE.
Mr. Richard Parker, carrier, in New Inn-yard,
Old Bailey, attended before Mr. Broughton, on a
summons obtained against him at the instance of the
Great Western Railway Company, charged under
168th sec. of sth and 6th William IV., cap. 107, with
having, on Tuesday, sth instant, unlawfully sent, or
caused to be sent, by the said railway, goods of a
dangerous quality, viz., a wooden case, containing
8 cwt. of lucifer matches, and did not distinctly mark
or state the nature of such goods on the outside of
the package containing the same, or otherwise give
notice in writing to the bookkeeper, or other servants ,

of the company, with whom the same were left at the
railway station at Paddington, for which neglect be
had rendered himself, according to the said Ad,
amenablf, to a penalty of not less than 101.
A case of an almost similar description, in which
Mr. Parker was also the defendant, was decided et
this court on the 13th instant, and, after a con-
siderable deal of discussion, the complaint was die'
missed.

In support of the present proceeding Mr. Clarkson,
the barrister, and Mr. Justins, from the office of
Messrs. Maples, Stevens, and Co., Old Jewry, at-
tended. Mr. arker, as before, conducted his own
defence.

The receipt of the wooden case at the station
proved by one of the company's porters, to whom it
was delivered, at the station, and who ascertained 199
the smell what it contuined ; it was addressed to MC;
A. Brown, Bridge street, Bristol; the word "OW
was also marked upon it.
The answer to the charge was, that when the case
was delivered at defendant's office for transmission 11
rail, it was stated to contain hardware, and no sus*
picion whatever was entertained with regard to then?
being lucifers in it; in fact the question was put at
the time of its being received at the defendant's office,
and a reply was given in the negative.
Mr. Clarkson argued the case at some length, ut'd,
contended that the defendant by his servants had c°'
exercised that care and diligence which it was k's
bounden duty to have done, and that therefore the
magistrate could not do otherwise than convict.
Mr. BROUGHTON went through the evidence pro
and con. with great minuteness, considering the
matter to be of considerable importance to the public,
and ultimately came to the conclusion, that in the pre-
sent instance no gross neglect, or guilty knowledge
on the part of defendant, had been proved.
The summons was therefore dismissed.
A man, who gave his name Thomas Collings, Wasi
charged with having been concerned in a daring rob;
bery of watches, &c., on the 21st ult., at the shop
Mr. Morris, 7, Margaret-terrace, Harrow-road.
Some particulars of what took place on a former oc,
casion have already appeared, relative to the appreheui
sion and committal of Charles Silvester, the actll,t
perpetrator of the robbery. who, on the afternoon of the
day in question, was found in Mr. Morris's parlour:
He was collared and asked what his business was there,
upon which he struck him (Mr. H.), and effected
his escape by the front door. A small cart
near at hand, towards which he (Silvester) ran,
threw away, close to it, a handful of watches.
was pursued, and the person in the vehicle jumped
down, saying that he would do all be could to secure
the thief. Three watches and a gold case were picked
up close to the cart, and Silvester was ultimately caPe
tured at a marine-store shop, at the very moaners
when he had thrust three silver watches and a a:0,
the property of prosecutor, into a basket which I"'
upon the counter.
Evidence was now adduced which clearly went t°
show that the prisoner Collings was the man who w 0
in the cart at the time when some of the watches Wets
thrown away by Silvester, of whom he volunteered
to go in pursuit; he was taken into custody It
Tuesday night, by Garforth, 151 L, who, from 141,:
description he had of him, apprehended him in
Waterloo-road, as he was coming out of a pub'''.
house.
A solicitor for the prisoner, cross-examined gl
various witnesses for the prosecution, but did not elle'
anything favourable to his client.
The prisoner, as an accomplice of Silvester in the
robbery, was committed for trial.