The Sun.
London, England, 1848-01-17 00:00:00

.
THE SUfit, LONDON

turned. II?, therefore, had simply to renew his ap-
plication.
The COURT granted a rule to shoes cause.

COMMON PLEAS.-(THIS DAY.)

RUSSELL V. BRYANT.

This action was tried before Chief Justice Wilde,
at Guildhall, on the 10th of December last, when a
verdict was found for the plaintiff.
Mr. LUSE( moved for a rule nisi to set aside that
veriict. The action was brought by Mr. Henry Rus•
sell, the proprietor of the copyright of two muN ical
compositions called the " Ship on Fire" and the
" Gambler's Wife," against the defendant, who is the
landlord of the Horns Tavern, Kennington, for allow •
ing tho,e two pieces to be pert armed at the assembly
rooms attached to the tavern on the 13th of March
last. The main question to be decided was whether
the assembly rooms was a place of dramatic entertain-
ment within the meaning of the Act. The evidence upon
that point at the trial was that county meetings were
held in it, that there had been previously vocal enter-
tainments, and that upon one occasion an entertainment
v, as given by the Indians, but it was not shown that it
was used as a place for dramatic performances. He
apprehended that what was meant by a place of dra-
matic entertainment was a place where tragedy,
comedies, farces, and other plays were performed.
Mr. Smith was dressed in his private clothes on the
occasion, and did nothing more than sing the piece
as he played upon the piano, and he submitted there•
fore that it was a vocal and not a dramatic entertain-
ment. He also contended that the defendant was not
liable for the acts of Mr. Smith, as he simply let the
room to him, the arrangements being entirely made
by persons in Mr. Smith's employ, and thus entirely
unacquainted with the songs included in the pro-
gramme.
The Court granted a rule.

THAMES.—(THIS DAY.)
James Finch, who has been upwards of a twelve-
month a watchman in the employ of the St. Katha-
rine Dock Company, was charged by John Passmore
Mumford, superintendent of the company's police,
with having stolen some sherry, the property of the
company.
Mr. Mumford stated that at half-past six o'clock
on Saturday evening he observed the prisoner on the
south quay stooping down and doing something to a
cask. He was much intoxicated. Mr. Mumford
proceeded to examine the cask, which contained
sherry. He found the " chive "or wooden bung of
the cask had been forced out, and there was
fresh spilled wine round the aperture. On the
prisoner being searched, there was found on his per-
son two knives, with the blades of each broken ; also
a straw, which had evidently been recently used, as
it was strongly impregnated with sherry. It was
the wish of the company that the matter should be
dealt with summarily.
Mr. YARDLEY said, if this had not been the case,
he should have committed the prisoner to take his
trial for a felony of a very aggravated nature. Rob-
bing an employer was a serious matter, and he (Mr.
Yardley) should mark his sense of it by inflicting
the highest punishment the Act of Parliament al-
lowed him.—He was sentenced to be imprisoned in
the House of Correction for a month.

T E UNITED STATES

AN[) MEXICO.

ARRIVAL OF THE HIBERNIA.
LIVERPOOL, SUNDAY.

By the steam-ship Hibernia, Captain Ryrie, which
entered the river this afternoon, we have received ad-
vices from New York to the Ist inst. inclusive. This
vessel was detained until eight o'clock in the morning
of Sunday, the 2d inst., in consequence of a dense fog
and snow storm, which prevented her proceeding to
sea. She left Halifax on the sth, and taking this con-
siderable deviation from her direct course into ac-
count, the passage from New York is a short one of
14 days.
The outward steamer, Caledonia, was at Halifax on
the 3d inst. The llibernia has 90,0001. in specie.
We have later news from Mexico, which will be
found under its appropriate head. The Congress was
in sitting at Queretaro, but except being occupied with
the army regulations, their proceedings have not been
of external interest. A design is said to be in con-
templation of dispatching a Commissioner to Washing-
ton to obtain the appointment of American Commis-
eioners fur the purpose of meeting, at Havaenah, others
named by the Mexican Government to negotiate a
treaty of peace. No reliable authority is put forward
to support this announcement.
The outward advices conveyed by the Hibernia,
which comprised the reduction in the Bank of Eng-
land rate to 6 per cent., and also took lower prices for
the staples of grain, flour, and cotton, did not, on
their receipt, produce any very marked action.
Corn fell 5 cents the bushel, and flour about 12
cents the barrel. Cotton, notwithstanding reduced
quotations from here, was still enabled to command
full former rates, consequent on the good demand
maintained by native manufacturers.
The Stock Market is gradually becoming more and
more sensitive to the continued flow of specie from
the banks and the country, produce shipments being
extremely limited. Exchange maintains full previous
quotations, Bank bills selling for 1101 to 1101, and
private ones from 1091 to 1101, according to the
credit they sustain.
The apprehension of this drain on the State banks
being of continued duration, consequent on the
Mexican war causing remittances from that country
to England to be shipped as now from the United
States, instead of coming direct, has worked up a
small panic in Wall-street, just previous to the
steamer leaving. Four banks in New York State
have suspended specie payments, and though said to
hold securities sufficient for ultimate liquidation, the
most deplorable want of proper management is
evidenced in the fact that with an aggregate circula-
lation of 493,000 dollars, the amount of specie held
amounts to only 700 dollars t of which one establish-
ment holds SOO. These banks—the Atlas, Franklin,
James's, and Merchants' banks—are aptly denomi-
nated " shinplaster" banks in the following expose of
the New York Herald:—

" Wall- street has been in a perfect fever of excite-
ment all day, in consequence of the rush of bill-
holders to find their redeemers. Many failed in so
doing, and the greatest excitement existed. The
brokers redeemed until their funds were exhausted ;
and then they refused everything offered, good, bad,
and indifferent. The rates for redeeming all New
York State money rapidly advanced, until five per
cent. was the lowest rate. The panic became so great
that the amount offered exceeded the ability of the
brokers to redeem, and hundreds of billholders were
turned away, without making an exchange of their
bills. We should judge, from what we saw and
heard, that between one and two millions of dollars
had been redeemed up to two o'clock. In the midst
of the panic, it was announced that the James's
Bank, the Franklin Bank of Chautauqua County, and
the Merchants' Bank of Chautauque County, had
suspended, and the bills of these banks were taken in
some cases at fifty per cent. discount, but only a small
amount could be sold at any price.
" We annex a statement, showing the condition of
the suspended banks on the Ist of November :

SUSPENDED DANES, STATE OP NEW TORE.

Loans. Specie. Cireln. Deposits.
Atlas Bank — 100 178,205
Frankrnl3kChataqu'eco. 100 50,000
James Bank 19,252 69,166
Alerßk.Chautauquecoy. 500 201,000