The Sun.
London, England, 1847-11-08 00:00:00

rHE SUN, LONDON, MONDAY EVENIN'rr, NOVEMBER B, 1847.

f Thompson in that suggestion, it had never been his
intention in that way to oppose any obstacle to the
eventual resuscitation of the bank.—(Hear.) Their
duty had been to take the best mode of raising funds,
with a view of returning to depositors their money;
their duty at the same time was to do all they could
to restore the bank ; but there could be no doubt
which object, if they were not identical, ought to
have been the primary one. On the whole, he did not
disapprove of what had beets done, and he felt the
greatest pleasure in supporting the recommendation
of the committee. There had certainly been hitherto
too much secrecy about the bank, and the share-
holders for the future would have a right to expect
the strictest investigation into the manner in which
their affairs were managed and their money disposed
of. It was now, indeed, quite palpable, and so far
their past management had been impeached, that their
assets, being in few hands, and shut up in a small
space, were in much greater danger than if they had
been scattered over a large surface.—(Cheers.)
The motion was then put, and the report was
unanimously adopted.
Mr. COOPER again presented himself, and moved a
second resolution, intimating the confidence which
the meeting reposed in those seven gentlemen who
had so ably attended to their interests, and requesting
them, in conjunction with the directors, to continue
their labours, with a view to the re-opening of the
bank at an early day.
Mr. EDWARD BURY seconded the motion.

Mr. Toga, moved as an amendment that Messrs.
J. Highfield, J. Booker, F. Shand, J. Bibby, and S.
Holme, form the committee.
Mr. GREY seconded the amendment.

After some further discussion, Mr. TORE, who
declared that his object had only been to facilitate
business, withdrew his amendment, and Mr. Cooper's
motion was carried, the name of Mr. Samuel Holme,
by general consent, being added. Eight gentlemen,
therefore, now form the committee.

A vote of thanks was then accorded to the chair,
and after a numerous list of those who, since the
commencement of the meeting, had put down their
names for preference shares had been read, the meet-
ing (at twelve o'clock) broke up.

SPIRIT of the PUBLIC JOUNALS.
FROM THE HORNING PAPERS OF THIS DAY,
TIMES.—The near approach of an extraordinary
session, and that the first meeting of a new House of
Commons, excites a curiosity which will hardly be
satisfied with general anticipations even of the most
rational and obvious character. The necessity of an
early legislative sanction for the late Ministerial in-
terference with the Banking Act does not fill up the
outlines of public expectation. Something more posi-
tive and remedial is surmised. That our imaginative
fellow-subjects across the Channel should take the
hint, or seize the occasion, is by no means wonderful.
Conciliation-hall has already laughed loud at our
announcement that Parliament had not been sum-
moned prematurely for another Irish relief measure.
We still, however, retain the belief that Government
will prefer to see the present measures in effective
operation, than to overlay them with a new one,
destined in its turn to be shelved before it has
had a fair trial. The report of the so-called
" Irish Council" offers some legislative sugges-
tions more worthy of notice than what usually
proceed from such irregular bodies ; but they are of
a gravity which requires long discussion. Notwith-
standing, therefore, the attempt which of course
will be made, from the mere love of mischief, to
divert the forthcoming session from its original
destination, we may confidently say that its first ob-
ject will be the Bill of indemnity promised in the re-
cent letter to the Governor of the Bank, and that
little or nothing else will be done, except what bears
directly upon the critical condition of commercial
affairs. But an indemnity for the breach of an Act,
or rather for permitting the possible breach of an Act
only three years old, is not a measure to end in itself.
When the existence of a rule is so brief, an exception
is a weighty affair. Ministers will come before Par-
liament with an acknowledgment that the Banking
Act is not fully equal to the occasion, or at least that
it is desirable to reserve somewhat more for the dis-
cretion of the Executive. They will also have to
encounter a garrulous clique, elated into enormous
self-consequence by their twofold triumph—our com-
mercial distress and the relaxation of the Banking Act.
Hence they will probably think it wise, or at least
decent, to grant an inquiry into the operation of
that Act. They will also have reasons for their
own. The Act has worked well as far as it has
gone. It could not prevent an immense inflation of
commercial credit, and a consequent creation of
fictitious and transitory wealth in shares ; still less
could it prevent the consequent collapse. It could not
prevent a deficiency in the crops of these islands to
the value of more than 20,000,0001., or other unto-
ward events. It has, however, saved the circulation
itself from being abused into the support of false
credit. It has preserved the currency sound. It has
kept the bank-note, whether national or private, with
some few exceptions, as good as the sovereign. But
the Act itself, in its own expressions, the known
opinions and the public avowals of its author and
early supporters, as well as its obvious tendency, in-
dicated that it was a cautious acid experimental step
to a further development. Whether the extraordi-
nary incidents of this year, and the presumed neces-
sity of interference with the provisions of the Act,
afford sufficient reason, for carrying out its principles
still more consistently, is a proper subject of Parlia-
mentary inquiry. An inquiry will doubtless be de-
manded, and to an inquiry there will, we should
think, be no valid objection. The Banking Act con-
tains provisions empowering the Bank of England,
with the consent of the Executive, to enlarge its se-
curities, and issue additional notes to two-thirds
the authorised amount of any private issue that
may happen to become extinct. This contin.
gency has now occurred so often as to make
the aggregate void in the circulation very
considerable, and to render the contemplated in-
crease in the issue of the Bank of England rather a
serious measure It is a rule of political arithmetic
that an accumulation of Ministerial responsibilities
amounts to a case for legislative enactment. The
extinct country issues now amount to 291,5151. The
Bank of England has not yet applied for a consequent
augmentation of its issue on securities. Such an ap-
plication, indeed, at the present moment, when it is
almost daily at the option of the directors to give or
to deny vital aid to country banks, would be rather an
odious proceeding. But it is evident that a case has
arisen for adjustment. With so great a tendency,' to
monopoly, however, and so great a scope for abuse, it
is not very likely hat Parliament will now interfere
with the special object of extending the inconvertible
issue of a bank the directors of which have private
ends to consult, and private shareholders to account to.
The previous question will be moved,—To whom shall
the responsibility of issuing paper money be con-
fided ? Other circumstances of the crisis constitute
an aggregate of difficulty requiring the interference
of the Legislature. The general suspension of rail-
way works is in every point of view a most serious
fact. Though unfortunately required by the pre-
sent state of commercial affairs, or, to speak more
distinctly, by the present available amount of
the national resources, it cannot be effected without
much inconvenience and some irregularity. How is
this to be done ? The country asks now with some
impatience that very question which we emphatically
obtruded on Sir Robert Peel in February, 1846, and
on Lord John Russell before the close of that session,
and again in January, 1847. What is wanted is evi-
dent enough. The only difficulty is that which re-
lates to the means. Whatever the vehemence or im-
patience with which particular works may be prose-
cuted, the whole country agrees in the demand for an
extension of time. What has been undertaken must
be spread over a much longer period. We think, too,
the general mass of shareholders will not be sorry that
the question of progress or stoppage should depend on
the positive and expressed approbation of a decided
majority. So much for existing acts. For those yet
to come it is not unlikely that painful experience has
impressed the lesson of assigning a more authoritative,
or rather initiative, course to the railway board in the
introduction of Bills. A Legislature compelled to be
wise after the event, and reduced to the indignity of
facilitating the postponement and total suspension of
worki which itself had authorised and armed with
powers of compulsion, will not immediately return to
its old errors. The railway Bills of next session must
undergo a stricter ordeal, and not be permitted to
enter either House unless they are recommended by
necessity as well as advantage.
CHRONICLE.—Those who entertained doubts
either as to the safety or as to the practical benefit of
the suspension of the Bank Charter Act, will probably
have some of them removed by the accounts of the
first week of operations after the Government inter-
ference. In that week, at all events, it is not possible
to detect any symptoms of evil. The Bank, we were
told, could not increase its discounts without a loss
of bullion equal to the increase. The discounts have
been increased, however, by nearly a million, but the
stock of bullion, instead of showing a diminution, is
greater than it was before. It is important to notice,
too, that this increase in the bullion took place in
spite of a continued home demand for gold for the
use of banks in Ireland and in the provinces. During
the week in question a considerable quantity of gold
dependmust h aovne
ee been paid
discountsp
aidootuhf the to
Bank parties
for omdeiadnsnooft
did not extend its discounts
obtaining it. Whether e Bank of England did or
who
vrr cost, have con-
t.,:
eis certain that the
branches,a
r -siosrafestga
rs
fforrfoomm Archer
Irish banks would, at whatever
bullion
btehietiro
itninuedtheitro svtraerliegutehen
any restric-
tion any sudden demand
small-note cireulation. Indeed,
checked in their efforts to ebtain gold by
tion on the part of the Bank of England., there can be
no doubt that if the Bank had been compelled by the
continuance of the Act of J 844, during the week
ending the 30th of October, to stop its discounts, and

so cause further failures, further discredit, and still
greater panic, the Irish banks, including some of the
most powerful establishments in the kingdom, being
as they are exposed to peculiar danger, in times of
distrust, from the ignorance and proneness to suspi-
cion of the small note holders, must have increased
their stocks of bullion with redoubled energy and
dispatch, and thus must have aggravated the force of
the internal drain to which the Bank of England has
been subjected. Nor would it have been possible for
the Bank, with its liabilities to private depositors
to the extent of eight millions, to resist the ope-
ration. Happily, however, the necessity for re-
stricting credit, and aggravating panic, was
removed. The Bank, instead of discontinuing
its advances, was enabled by the act of the
Government to increase them, and the influx of
bullion into its coffers has more than filled up the
void left by the remittances made to Ireland and to
the provinces. There is every prospect that the current
of the metals will continue to flow into this country
steadily for some time, from the attraction which the
low value of English securities presents to the invest-
ment of foreign capital. A million of gold is already
on its way from Russia, and the speedy arrival of
considerable sums from the United States may be
considered a matter of certainty. Thus the Bank of
England will be in a position to meet the utmost
possible home demand for gold, if it should be further
prolonged, and yet to retain an ample supply in its
own coffers. Such being the condition of the Bank
with respect to its bullion, it is worthy of notice that
the very considerable advances made upon commercial
bills in the last week of October produced but a slight
alteration in the proportion between the reserve and
the gross liabilities. They were, for the
WEEK ENDING OCTOBER 23.
Liabilities £34,300,000
Bullion
WEEK ENDING OCTOBER 30.
Liabilities £35,370,000
Bullion ... 8,430,000
The proportion in the former case was as 1 to 4.13,
and in the latter as 1 to 4.19 ; and we do not see that
there need be the slightest hesitation on the part of
the Bank, in the present circumstances of the coun-
try, to extend its liabilities a good deal further, if
necessary, upon the basis of its present reserve. We
see no reason for doubting that additional loans might
be granted with perfect safety to the extent of three
or four millions, if parties should be found desirous
of obtaining them on good security, and at the pre-
sent high rate of interest. We do not anticipate any
such demand, but if it were made there would not be
a shadow of reason to refuse compliance with it. The
directors, however, are still either very timid, or they
are influenced by a fidgetty and foolish anxiety
to avoid a literal violation of the Act of 1844. We
cannot otherwise account for a very small and rather
ridiculous operation of which they were guilty during
the week already referred to. They appear to have
parted with 286,0001. of Government securities, that
they might obtain money, at the very time that they
were practically breaking the law, in order to make
money more accessible to others. This was mar-
vellously like undoing with one hand what they were
doing with the other. Why, we are obliged to ask,
did the Bank go into the market as a borrower pre-
cisely when it had been invested with extraordinary
powers to lend, and when the restoration of confidence
being the main point, the fact of the Bank appearing
either as a borrower or seller was calculated to coun-
teract the object of the Government intervention ?
Was it done to obtain gold ? No. The only as-
signable motive was, to reduce by a small amount its
own outstanding circulation, and thereby to avoid
the risk of overstepping the limits of the Act of 1844.
Thus the restoration of confidence was endangered
for the sake of an object in itself utterly unimportant.
Putting out of view the technical provisions of an
Act which is to all intents and purposes broken, it
cannot be a matter of the smallest possible conse-
quence whether the bank-note circulation is a quarter
of a million more or less. In point of fact, we do
not believe that the limits of the Act, however nearly
they may be approached, will be exceeded. The
payments into the Exchequer hare already com-
menced, and will go on as usual, at the rate of nearly
a million a week, during the two months of Novem-
ber and December. Hence those two months always
exhibit a large and steady decline in the circulation.
It is probable, therefore, that it has now touched its
highest point, and nothing but a discredit of country
bank-notes, or an increased prevalence of distrust,
can sustain it at that point ; but if, by any possibility,
an additional circulation of Bank of England notes is
found to be required, we think the directors would be
guilty of an unpardonable error in attempting to
check the movement by new restrictions. The in-
crease in the circulation during the last month ex-
ceeds by nearly a million and a half the increase which
usually takes place in October. Between the 25th of
September and the 30th of October the increase was
2,800,0001., whereas in the corresponding
period of last year it was only 1,500,0001.
The extra increase we presume to be the
result of distrust. Private hoarding has
absorbed a part of it, and the remainder has gone to
increase the cash reserves of country bankers. It is
perfectly obvious that all such bankers must hold at
present a larger stock of gold and Bank of England
notes than usual. It is possible, but we trust not at
all probable, that they may have still further to in-
crease their reserves. If this should happen, a further
increase in the Bank of England circulation will be
inevitable, and the only danger will be in attempting
to stop it. Such an increase would be purely tempo-
rary, and the surplus notes, after being retained for a
while in private hoards, and the strong-boxes of
bankers, would flow back with the restoration of con-
fidence, and would not in any case cause inconveni-
ence to the Bank. The sudden increase in the Bank
circulation at the end of 1825 is well known. In the
month of December, when distrust was at its height,
the issues were increased from 17,400,0001. to
25,700,0001., a difference of more than 8,000,0001.
Part of the increase was wanted for actual circula-
tion, to replace the notes of country banks, but
the greater part was used only for hoarding and to
strengthen bank reserves. In about six months the
excess, which proved to be about four millions, had
flowed back to the Bank. This vast increase of
issue, at a time when the bullion in hand was little
more than a million, was undoubtedly an empirical
and hazardous proceeding, though the success which
attended it was complete; but we refer to it only for
the purpose of showing how easily and naturally the
temporary excess of circulation disappeared. Com-
paring the half-yearly accounts of circulation and
bullion immediately after the expansion with those
which next followed, we find—
Circulation. Bullion.
1826- Feb. 28 £25,400,000 £2,400,000
Aug. 31 21,500,000 6,700,000
`B27—Feb. 28 21,800,000..... 10,100,000

Thus the sudden increase of discounts and circulation
at the end of 1825 did not in the slightest degree
check the influx of bullion from abroad. It did not
prevent a continued fall of prices consequent on the
previous over-speculation, nor did it restore to life
any of the numerous projects of loans and companies
which had been crushed by the previous contraction
of credit. It produced a wholesome revival of con-
fidence. The legitimate business of the country
began to move in its natural channels, and the bank-
note circulation settled down in a few months to the
amount determined by the real wants of the country.
A similar expansion arose out of the commercial
crisis of July, 1810. Commercial failures to a large
extent, and a consequent destruction of private
credit, took place in that month, and the demand
upon the Bank for discounts became enormous.
This led to a very large increase in the Bank circu-
lation, which, like that of 1325, served a temporary
purpose, and then flowed back into the Bank of its own
accord. Mr. Manning, a Bank director, informed
the committee of 1812 that this temporary expansion
was mainly owing to the precautions of the country
bankers to insure themselves against a run upon
their firms, " but within six months the greater part
of three millions was returned to the Bank of Eng-
land without having been employed." The quota-
tion, as well as the leading facts connected with the
increase of Bank of England issues in 1810 and

1825, may be found in lir. Tooke's " History of
Prices." They involve, of course, many questions
of controversy, but the two instances show clearly
that an increase in the amount of Bank of England
notes is natural in a time of distrust, and that as
confidence revives the excess disappears without
any injurious result. It may be important at the
present time that the Bank directors should not be
terrified at this harmless phenomenon. We do not
expect, as we have already said, to see the circulation
go much, if at all, beyond its present point. We do
not anticipate, therefore, that the letter of the law will
be violated. But if the disposition of country bankers
to strengthen their reserves should continue to such
an extent as to raise the circulation above the legal
boundary, we think the directors of the Bank of Eng-
land would incur a grave responsibility if they hesi-
tated to use freely, as they have already used par.
tially, the discretion invested in them, or if they
should be tempted, by a superstitious regard to the
lifeless and worthless form of a condemned artificial
regulation, to employ measures which they would not
think necessary or wise from a consideration of their
own real resources and liabilities, and of the actual
wants of the country.

Dispatches were sent off on Saturday evening from
the Colonial-office, for the Governor of Gibraltar.
[ADVERTISEMENT.]--A BAD LEG OF THIRTY-FIVE
YEAR.' STANDING CURED BY HOLLOWAY'S OINTMENT AND PILLS.—
The particulars of this extraordinary case are as follows :—Mr. James
M'l)onald, a native of Ireland, now residing at 7, george-yard,
leg,Dublln, and other places
Whitechapel, was discharged from the navy, in 1813, in conse-
quence of his legs having then been bad for two years, and pro-
npeoruin.detinh hospitalaPdlyhinadoutthhe
advice
oo
Notwithstanding
ih
tehsmtincurable.aonsat
insk
skilful
trpht
ueu
surgeonsdr irnegadtfhuel fsiotrir ma
tLeeoronfdl otonhnge,
I and five-and-thirt .
helledl47 the ._
_y years of suffering, the limb is now soundly
by
an
dealers
1......".!f0110way's Ointment and Pills, which are sold
244,Aitripid. L;4lZeingt eihd itt the Proprietor's EStabllaxuent,

UNITED STATES AND MEXICO

The following is a translation of the last commu-
nication made by the Mexican Commissioners to Mr.
Trist previous to the renewal of hostilities. It has not
before been published in this country : •
" To HIS EXCELLENCY MR. NICOLAS P. TRIST, COM-
MISSIONER,WITH FULL POWERS FROM THE GOVERN-
MENT OF THE UNITED STATES TO THE GOVERNMENT
OF THE REPUBLIC OF MEXICO.
"
Chaplllt epeC, Sept.
thept .6,1847
.
" The undersigned,commissioned
Govern-
ment of the Republic of Mexico to concert with your
Excellency a treaty of peace, think it convenient at
the same time as they present you the counter project
which they have formed in accordance with the last
instructions of their Government, to accompany the
said project with the observations which are con-
tained in this communication, which will serve
to explain more clearly the pacific dispositions of
Mexico in the war which unfortunately divides both
countries. -
" The fourth article of the project which your Ex-
cellency was pleased to deliver over to us on the even-
ing of the 27th of August last, and which has been
the subject of our last interviews, imports the cession,
on the part of Mexico, first, of the state of Texas ;
second, of the territory situated out of the limits of
that state, which extends from the left bank of the
Bravo River to the southern frontier of New Mexico ;
third, of the whole of New Mexico ; fourth, of both
Californias.
" The war which now exists has been caused solely
on account of the territory of the state of Texas, over
which the republic of North America presents as a
title the act of said state by which it annexed itself to
the North American confederation, after having pro-
claimed its independence of Mexico.
"The republic of Mexico agreeing (as we previ-
ously informed your Excellency), with due indem-
nity, in the pretensions of the Cabinet of Washington
over the territory of Texas, the cause of the
war has thereby disappeared, and therefore the war
ought to cease, as there is no cause whatever to
continue it. Over the other territories contained in
the 4th article of your proposal no right has been
alleged as yet by the republic of North America, nor
do we think that it can allege any. It can only
therefore acquire them by the right of conquest, or
by that which may result from ,the cession and sale
which Mexico may make to it; but, as we are certain
that the republic of Washington will not only abso-
lutely repel, but will also abhor the first of these
rights, and as also it would be a new thing, contrary
to all ideas of justice, that war should be waged
against a country by reason only of its refusal to sell
the territory which one of its neighbours desires to
purchase from it, we hope, of the justice of the
Government and people of North America, that the
considerable modifications which we have to propose
to the cession of territory (out of the state of Texas)
which are demanded in the before-mentioned fourth
article, will not be a motive to continue a war which
the worthy General of the North American troops
has already qualified to be denaturalized.
"'" In our conferences we have informed your Ex-
cellency that Mexico cannot cede the zone which
exists between the left bank of the Bravo and the right
of the Nueces. The reason for it is not only the
complete certainty that such territory has never be-
longed to the state of Texas, nor because it is held in
much estimation, considered by itself alone ; it is be-
cause that zone with the Bravo at its back, forms the
natural frontier of Mexico, both in a military and
commercial point of view ; and it cannot be required
from any nation whatever, nor can any nation con-
sent, to abandon its frontier. But, in order to avoid
every motive of conflict for the future, the Govern-
ment of Mexico promises not to found any new towns
nor to establish any colonies, in the space of land
between the:two rivers ; so that, by preserving it in a
state of depopulation, as it is actually, it will afford
equal security to both republics. The conservation
of that territory is, according to our instructions, a
condition sine qua non of peace. Sentiments of ho-
nour and delicacy (which the noblb character of your
Excellency will worthily esteem), more than any con-
sideration of interest, forbid our Government to con-
sent to the dismemberment of New Mexico. On this
subject we think it superfluous to add anything to that
which we have already had the honour. to explain to
you in our conferences.
" The cession of Lower California (of little ad-
vantage to the republic of North America) presents
great embarrassment to Mexico, considering the
position of that peninsula, opposite the shore of So-
nora, from which it is only divided by the narrow
Gulf of Cortes. Your Excellency has given all its
value to our remarks on this point, and we have seen
you with satisfaction yield to them.
" The fact of Mexico preserving Lower California
would be sufficient to render it indispensable to keep
also a part of Upper California ; as otherwise that
peninsula would remain without any communication
by land with the rest of the republic—a thing which
is always of great enabarrassment, especially to a
power which is not maritime, like Mexico. The ces-
sion which our Government offers (with the due
compensation) of that part of Upper California north
of the 37th degree of latitude does not only afford to
the United States the acquisition of an excellent lit-
toral, of fertile lands, and perhaps of unworked
mines, but presents all the advantage of continuing by
it, without interruption, its possessions in Oregon.
The wisdom of the Government of Washington, and
the laudable application of the North American
people, will derive most abundant fruits from the im-
portant acquisition which we now offer.
" In the Bth article of the proposal of your Excel-
lency, the concession of a free passage through the
isthmus of Tehuantepec to the Pacific Ocean is re-
quired in favour of the North American citizens.
We have verbally
informed your Excellency that a
privilege on this matter was granted some years ago
by the Government. of the republic to a private per-
son, which privilege was afterwards transferred, with
the authorization of the same Government, to some
British subjects, of whose rights Mexico cannot dis-
pose. Your Excellency will not, therefore, be
astonished that we do not accede in this point to the
wishes of your Government.
" We have entered into this simple explanation of
the motives which the republic has for not transferring
to the United States all the territory which is de
manded by them out of the limits of the state of
Texas, because it is our desire that the North Ame-
rican Government and people be persuaded that our
partial refusal does not proceed from feelings of
aversion created by the antecedents of this war, or on
account of the loss suffered by Mexico in it, but be-
cause it rests one considerations dictated by reason
and justice which
.would militate at all times as re-
gards the most friendly power in the midst of the
relations of the most intimate friendship.
"The other alterations which your Excellency will
find in our
o project are of less importance,
and wer
counter
thatthere will not be against them any
mpa nht
in
n objection.
the
ection On the subject of the alteration
contained
12th article, it has already been
spoken of in your
ioimportant
Excellency's country ; and we
flatter ourselves that the loyalty of your Government
will not refuse to contract an engagement so in ac-
cordance with the probity and good understanding
which ought to exist between two neighbouring
nations.

" The peace between the two countries will be more
firmly established, if a friendly Power (England)
who has so nobly offered her good offices to both
Mexico and the United States in the present war,
would lend herself to give her guarantee for the faith-
ful observance of the treaty which may be concluded.
The Government of Mexico thinks that it would be

very convenient to solicit that guarantee.
" Our Government has ordered us to recommend
to your Excellency to communicate to us your reso-
lution on the counter project, which we have the
honour to present to you, in the space of three days.
" The good and salutary work of peace cannot, in
our judgment, be brought to a happy conclusions
unless each of the contending parties resolved to
abandon some of its original pretensions. This has
always happened, and every nation has not hesitated,
in similar cases, to make great sacrifices to appease the
desolating flame of war. Mexico and the United States
have particular reasons to act thus. It is not without
shame that we are obliged to confess that we are
giving to the world the scandal of two Christian
nations, of two republics, in the sight of all the
monarchies, who are mutually doing to each other all
the evil in their power for disputes on limits, when
we have more land than is necessary to populate and
cultivate in the beautiful hemisphere in which Pro-
vidence first made us see the light. We venture to
recommend these considerations to your Excellency
before you take a definitive resolution on our pro-
posals. _

" We have the honour to offer on this occasion to
your Excellency the considerations of our attention
and respect.
" JOSE I. DE HERRERA.
" BERNARDO COUTO.
" IGNACIO DE MORA Y VILLAMIL.
" MIGUEL ATRISTAIN."

STAG HUNTING: ..The Hon: Newton Fellowes has
signified his intention to discontinue the management of
the Devon and Somerset staghounds after the present
season. It is intended to hold a meeting at Dulverton
on Thursday next, for the purpose of concerting
measures to keep up the hunt, and to place the manage.
merit on a permanent basis. The advanced age of Mr.
Fellowes is the reason for his retirement.— West Briton.
SOUTH `VALES RAILWAY.—A rumour having been
circulated that several thousand men are about to be
withdrawn from the works in this line, we beg to con-
tradict the report, and can state upon good authority
that it is only on a portion of the line, where the con-
tractors have been unable to obtain sufficient land to
commence operations upon, that men have been shifted
to other contracts. With the exception of contract. 16
no orders have been received to slacken the works, but
of necessity the contracts will not proceed with so much
rapidity during the winter months,—.Welshman.

LAW INTELLIGENCE.
BAIL COURT, Nov 6.

STANGE PROCEEDINGS AGAINST AN' INSOLVENT.-

PARKER V. BAILEY.

Mr. CHARNOCK applied to the Court for a rule to
show cause why the defendant, who had been arrested
on a writ of capia3 ad satisfaciendem, should not be
discharged out of custody on the ground of irregula-
rity. In June, 1844, the defendant was taken into
custody on this writ, and he immediately filed alpetiti on
in accordance with the sth and Gth and 7th and Bth
Vict., chapters 116 and 78 and 96, in order that he
might obtain his discharge from custody and protec-
tion. The Commissioner discharged him, granted
him his interim order, and appointed the IGth of
October for him to come up to receive his final order;
he was consequently discharged on the 9th of Sep-
tember in the same year, after having been in con-
finement from June until that day. Prior to the
16th an agreement was entered into by the defendant
with his creditors, by which they were to receive 20s.
in the pound, he agreeing to pay Si. per month for
the first six months of the ensuing year, and
101. subsequently into the hands of the fficial
assignee, until all their claims were dis-
charged. This was explained to the Commissioner
when he came up, and as all the creditors, save one,
assented to his proposition, the Court seeing that he
was at large, and that his creditors were satisfied, dis-
missed his petition. However, from some cause, he
was not able to complete this arrangement ; and on
the 28th of September last the plaintiff issued a fresh
writ on the same judgment, and the defendant was
taken into custody. His first objection to the pro-
ceeding was that the proceedings with respect to the
first writ ought to have been fulfilled. Then there
was no return made to the first writ that he had been
arrested upon it, and this was a fresh writ without
any statement that the process was a fresh one. He
eontended, therefore, that the scire facias was wrong,
inasmuch as it ought to have contained a recital of
the former proceeding. Then the Court held that a
man could not be taken twice on the same judgment;
even it had been held that a man who had been
arrested, and liberated, on his making an arrange•
ment with his creditors, or in default to consent to be
again arrested, could not thereby be bound; and
surely a similar rule would apply to this case.—Rule
granted.

COURT OF EXCHEQUER, Nov. 6.
(Sittings at Nisi Prius before Mr. Baron PLATT and

Common Juries.)
EESSENMEYER V. ADCOCK.
This case, which has occupied the attention of the
Court during the last two days, and which was an
action brought to recover the amount of a solicitor's
bill of costs, for professional services alleged to be
rendered to the plaintiff, was again resumed to-day.
The evidence, which was of a very voluminous na-
ture, having been concluded,
Mr. CROWDER and Mr. MARTIN were heard in reply.
The Learned JUDGE, having summed up,
The jury retired to consider their verdict, and after
an absence of upwards of an hour, returned a verdict
for the plaintiff for the sum of 11. 11s., the jury being
of opinion that there was no evidence to show that
the plaintiff,was employed upon any other business
by the defendant than that for which charges were
made, amounting to the sum given in the verdict.
(Sittings in Banco.)
STAGG v. LORD MILTOWN.
_ _

In this case the Lord Chief Baron stated at the
sitting of the Court, that the Court had had an op-
portunity of consulting with Mr. Justice Coleridge,
and they were of opinion that the rule applied for
yesterday ought to be granfed.—Rule granted.

PREROGATIVE COURT, Nov. 6.
IN THE GOODS OF SARAH GLOVER, DECEASED.
The deceased, a married woman, in executing her
will under a power reserved to her by her marriage
settlement, signed it not with the name of " Glover,"
her then husband, to whom she had been married 10
years, but with that of "Reed," the name of her first
husband, deceased. The question was whether this
was a good execution.

Sir H. J. FUST held that, as the deceased had signed
the will in the presence of two witnesses, the execu-
tion was sufficient to satisfy the law, which did
not require that the name signed should be the
party's legal name : a mark had been held to be
sufficient, although the party could write ; and a will
signed by a person "A. 8.," with his own name, by
desire of a testator C. D., had been admitted to probate
as the will of C. D.

TAPSTER, AGAINST HOLTZTAITL.
This was a suit of an amicable kind respecting the
will of Mr. Charles Holtztapfl, of Charing-cross and
Long-acre, engine manufacturer, by a legatee against
the children of the deceased, appearing by their
guardian, the widow declining to propound the will,
in order that she might not become a party, and that
her evidence might thereby be admitted under Lord
Denman's Act, though she had a large interest in esta-
blishing the will.-
The COURT having suggested a doubt, at the out-
set, how far the evidence of the widow, for whose
individual interest the will was really propounded,
could be received in this case to establish an instru-
ment which gave her nearly the whole property,
Dr. HARDING, in support of the will, contended
for her competency, arguing that the statute was an
enabling statute, the declared object of which was to
remove obstructions to the discovery of truth ; that
she was not included in the exceptions mentioned in
the Act, not being a person " named on the record"
(this court was not a court of record), nor a person
"in whose immediate or individual behalf any action
may be brought or defended." If the widow's evi-
dence was excluded because she had an interest in the
result of the suit, the policy of the statute would be
contravened.

After hearing Dr. JENNER, contra,
Sir H. J. FUST was of opinion that the evidence
n, support of the will was sufficient to establish it

without having recourse to that of the widow, aWci he
declined deciding the question raised, which, he
observed, he should be sorry to decide in such a case
as this, where all was clearly bona fide, and thereby
sanction the admission of such evidence in cases of
a very different kind. lie was satisfied that this was
the will of the deceased, and he therefore pronounced
for it.

INSOLVENT DEBTORS' COURT, Nov. 6.
(Before the CIIIEF COMMISSIONER.)
IN RE JAMES OSBORNE.
This insolvent, a traveller in the employment of a
tea company, applied for a protecting order.
Mr. Dowse opposed, and Mr. Nichols supported.
The insolvent, upon being examined, said his debts
amounted to 2,5201., of which 2,3211. were without
consideration, arising from accommodation accept-
ances and liabilities in favour of a Mr. Kemp, lately
a grocer at Uxbridge, but now bankrupt. The in-
solvent admitted that he was to receive 1501. a year
from Kemp for the use of his name, with a prospective
partnership.
The CHIEI' COMMISSIONER said this was too mon-
strous a case to receive the slightest favour from the
Court. Such a dangerous and dishonest mode o
trading could not be sanctioned, and he should there.
fore refuse to name any day for the final order.
Protection was asked for, but refused.
IN RE HENRY HUTCHINS.
This insolvent's petition was dismissed on account
of an omission in the description.
(Before Mr. Commissioner LAW.)
IN RE JOHN EVANS.
This insolvent was opposed by Mr. Maskell, a
solicitor, who complained that the present proceedings
had been adopted for the sole purpose of getting rid
of his debt of 91. 18s., a bill of costs for taking the
insolvent through the court on a former occasion.
Mr. Commissioner LAW said that a case of this
kind, where the costs of the petition exceeded the
amount of the opposing creditor's debt, which was
almost the only real one in the schedule, was not very
worthy of consideration. He looked upon the present
proceeding as a device to avoid payment of Mr.
Maskell's debt, and upon his present impression he
should feel disposed to dismiss the petition, but would
give the insolvent the option of filing an amended
balance-sheet, or an instant dismissal.
Mr. DORCUM, the insolvent's counsel, chose the
latter course, and the petition was accordingly dis
missed.

POLICE INTELLIGENCE.
GUILDHALL.
Samuel Jordan, a carman and horse-jobber, attended
before Mr. Alderman Moon, to answer the complaint
of the sergeant of the Smithfield police, for bringing
into the market, for the purpose of sale, a glandered
horse.

Sergeant White stated that his attention was drawn
o the horse by one of the policemen. He found two
horses tied to a rail, not in the part of the market ap-
propriated to the sale of horses, but in the sheep-
market. One of the horses was labouring under a
profuse discharge from the nose, and a little boy was
standing close to the horse's head. Its head projected
over the rail and partly on the backs of the sheep in
the pen. The sheep had been sold to a butcher, and
were afterwards fetched away to be killed. He untied
the horse, and while he was leading it across Smith-
field the prisoner came up and claimedit, stating that
he had sold it to Cross, a horse-slaughterer, and he
required it should be delivered to. him. Cross was
there, but said nothing. Complainant persisted in
taking care of the horse, and led it to Atchelor's, a
horse-boiler, in Sharp's-alley, Cow-cross. The de-
fendant denied his right to take any notice of it, as he
did not bring it into the part where the horses are
exposed for sale. He was a frequenter of the market,
and he and others had a notion that they had a right
to bring their diseased horsesinto the sheep-market
for sale, and have the benefit of the little competition
in the knackers' bidding, instead of sending for the
knacker to fetch the horse, or taking the horse direct
to the knacker, in the old way.
Wallsgrove, a policeman, proved that he saw the

!horse in the sergeant's care, and showed it to the
veterinary surgeon, who is appointed inspector of the
horse market.
Mr. Nice, the surgeon, deposed that the disease was
contagious, and communicable to man. It was a de-
cided case of glanders of long standing.
Hodges, a policeman, proved that the horse had
been standing tied up to the rail twenty minutes before
it was removed.
The defendant said he only intended to sell it for
killing. He sent for Atchelor, but he did not come
for it, and he then sent for Cross, another knacker.
He kept it quite away from the other horses.
Mr. Alderman MOON said he had no right to bring
horses affected with a virulent contagious disease into
any part of a public cattle-market. It was impossible
to say what mischief might ensue from the act he had
committed. If he meant to sell the horse to Atchelor
or Cross, he might have led it to their premises in-
stead of into Smithfield. He would endeavour to
stop this dangerous practice, by requiring the de-
fendant to find bail to answer for the misdemeanour
at the sessions, and direct the City Solicitor to prose-
cute him.
In default of sureties the defendant was committed.
CITY POLICE COMMITTEE.
Mr. ll3nry Greenall, the landlord of the Britannia
public-house, Britannia-place, Bishopsgate, was
summoned before Aldermen Wilson and Johnson,
under the 9th of George IV., cap. 61, for unlawfully
permitting and suffering disorderly conduct in his
house, contrary to the tenour of his license.
Mr. Duncombe attended for the defendant.
Jarvis, City police-constable, deposed that at ten in
the forenoon, on Sunday, the 24th ult., he was placed
to watch the defendant's house. Saw some men enter.
At his sergeant's direction he left for a short time.
Returned at half-past twelve o'clock, and at the usual
opening hour, one o'clock, the landlord opened the
door, and two or three minutes afterwards nine men
came out. They were quarrelsome.
Mr. Duncombe—Why didn't you go in at twelve
o'clock ? Witness--Because I understood an officer
in private clothes had been in previously.
Mr. Dancombe Now can you swear that the
men you saw leave the house after one were the same
as were in at twelve? Witness—No, I cannot.
John Fleury, a City officer, deposed that, in pri-
vate clothes, he went into defendant's house at five
minutes past one on the day in question. Four men
were in front of the bar.
By Mr. Duncombe—The man I saw in the house
might have gone in between one and five minutes
past one.

- Mr. Alderman WlLsorr, after consulting Mr.
Alderman Johnson, said they were of opinion that
the information must be dismissed. With his brother
Alderman, he thought the police had not acted with
that judment in the matter which they might have
done. Why had they not brought the officer who was
in tke house before twelve, as they had stated ?
CLERKENWELL.
_ _ _

Mr. Horry, the barrister, attended at this Court
before Mr. Tyrwhitt, with Henry Martin Flanigan,
in reference to a charge which was preferred against
the latter person, the particulars of which were re-
ported on Saturday last.
The substance of Mr. Horry's statement was to the
effect that he was free from any imputation. He was
paofessionally engaged at another Court, and on his
arrival at the Sessions House, Clerkenwell-green, he
was applied to to defend the son of Mrs. Denny, who
charged Flanigan. He (Mr. Horry) never received
on her account anything in the shape of a fee, and he
received no instructions or brief to enable him to ad-
vocate her son.
Mr. TYRWHITT said that when Flanigan was
charged before him his (Mr. Horry's) name was
mentioned, but nothing was said to prejudice him.
He (Mr. Tyrwhitt) made some strong remarks as to
practices pursued at the Old Bailey and other Courts
in the metropolis, and regretted that they should
exist.
Flanigan was about to address the Bench, but he
was checked, when Mr. Horry left the Court, fol-
lowed by Flanigan.

WESTMINSTER.

LATE ROBBERY AND MURDER IN WESTMINSTER.
-The Court was, as en the former occasions, densely
crowded with persons anxious to hear the proceed-
ings, the circumstances connected with the atrocious
deed having created the greatest sensation. It will
be remembered that Mr. Bellehambers was waylaid
on his way home, at about twenty minutes to six on
the morning of the 11th ult., wounded in the
most desperate manner, and robbed. He was found
weltering in his blood in an insensible state, in which
coudition he remained until his death.
On the prisoners, George M'Koy and Thomas
Doyle, being placed in the dock, and their professional
advisers, Mr. Binns, of Essex-street, Strand, and Mr.
Sydney, of Hatton-garden, taking their places at the
*counsel table,
Mr. Etuniiima. said, I understand this case is in the
same state as it was on the former examination.
There are reasons still why a further remand should
take place without going into the case. I consider I
am fully justified in that course. I have some evi-
dence already taken sufficient to fix strong suspicion
on the prisoners. I have it also upon oath that there
will be further evidence given, which will render it
necessary to commit the prisoners eventually for trial,
and there are important reasons why that evidence
should not be given at present. The next sessions
of the Central Criminal Court do not commence till
the 22d inst., and therefore if the prisoners are to be
committed for trial, it becomes merely a question now
as to which prison they are to be committed to. I
therefore remand the prisoners till Thursday week.
Mr. Binns (for Doyle) said—lt is my anxious wish
that everything should be done to further the ends of
justice, and confiding in the innocence of Doyle, I
make no objection to the remand.
The prisoners were then remanded.
Just before the closing of the Court two powerful
fellows, named Driscol and Abbot, were charged with
the following outrageous and unprovoked assault :
A poor sweep, named Milton, was quietly walking
up Holywell-street, Regent-street, Westminster,
on Friday morning, between eleven and twelve
o'clock, with his brush and machine on his shoulder,
when Abbot, who
_was a perfect stranger to him,
suddenly came up, and without saying a word, or re-
ceiving the least provocation, knocked him down with
a violent blow in the face. The poor sweep inquired
why he ill-treated him, but the fellow made no reply,
and Driscol having said " give it the Abbot
repeated the blow. The sweep got up and endeavoured
to escape, after entreating them not to murder him,
but they followed, knocked him down again, and
kicked him in a brutal manner. It was proved by
witness that Abbot knocked him down repeatedly,
and that Driscol, just before the arrival of the police'
lifted the poor man from the ground for the other to
hit him, but the bystanders interfered and ipre-
vented it.
The accused said the sweep attacked them first.
Mr. BURRELL said their conduct was most out-
rageous, and fined them :31. each, or six weeks' im-
prisonment.
Mr. Watson, of the White Hart, Millbank-row,
then preferred a charge against them. They went
into his house, tried to rob a companion, and on his
very properly interfering, they abused him grossly.
Driscol collared and shook him, and Abbot pushed
him about, and also assaulted the potman.
Mr. BURRELL imposed the further fine of 3/. on
each. In default, another six weeks.
MARYLEBONE.
William Florence and George Watson were placed
at the bar upon the following charge :
It appeared from the evidence that on the same
morning, at two o'clock, as Bewley, 155 D, was on
duty near Portman-square, he saw the prisoners
loitering about in a most suspicious manner, when
knowing them I.A I,e. _ 1 a h
_nraoter4, ho asked them
what they were doing; they seemed greatly dis-
pleased at being thus questioned, and alleged that
they were two respectable tailors going to their
homes from the Victoria Theatre ; the officer, who
has the credit of being a good thieftaker, captured
the prisoners who had made an attempt to effect their
escape, and conveyed them to the station-house,
where they were seareksl, esti in their possession
were found a " jemmy,' called by Florence his
" toothpick," a lantern, a large knife, and a quantity
of lucifer matches ; they had the impudence to affirm
when before the inspector, that if the constable had
not pounced upon them at the time he did, they
should have "cracked a crib."

The prisoners, who had no defence to make, were
sent to the House of Correction, the former for three
and the latter for two months.
SOUTHWARK.
William Williams, a costermenger, was charged
with exceeding cruelty to a cat, by tying fireworks
to its body and throwing it into the shop of Mr. Peek-
stock, chemist, of Bond-street, Bermondsey.
The latter gentleman said that on the previous
avening, while he was standing in his back shop, he was
much alarmed by hearing loud reports of fireworks
in the front shop, which was instantly filled with
smoke. Believing that the place was on fire, he ran
into the shop and perceived something running about
with fireworks exploding from all parts of its body,
which he eventually perceived to be a cat. After
some difficulty he extinguished the fireworks, when
he found the animal in a dreadful state, the whole of
the hair being completely burnt off the body. The
danger was extremely great, for had he not been in
the shop at the time, the contents must have caught
fire from the combustible matter of which the drugs
were composed.
Mr. SECKER—Did you see the prisoner throw the
cat into the shop? Witness—l did not; but 1 heard
him exclaim, " Give me the cat and I'll chuck it in,"
and in a moment afterwards the cat was thrown into
the shop all on fire. I had been warned on the pre-
vious day that the prisoner intended to " throw the
devil" into my shop, consequently I was on the
look out. I have no doubt that the prisoner was the #
person.