The Sun.
London, England, 1846-03-25 00:00:00

MONEY MARKET and.CIT NE WS

CITY, SATI.TEDAY EVENING.
TIMES.—In the discount market everything like a pres-
sure has completely disappeared, and notwithstanding the
large sums that still lie in the Bank of England to the credit
of the Accountant. General, trade seems to be relieved from
all embarrassment, and the subject of railway deposits ceases
to be a prominent topic. The discount firms give their cus-
tomer?, considerably less for money than during last month.
The judicious conduct of the Bank of England, in affording
liberal accommodation to the commercial classes, has been
chiefly instrumental in producing this favourable condition
of affairs.
Correspondents complain in no measured terms of the irre-
gularity and absurdity of the Standing Orders Sub-commit-
tees, which are accused of want of uniformity in their deci.
alone. If a railway is projected through a district which does
not require the ascommodation, and no opposition company
petitions against it, the Bill passes die standing orders as a
matter ot. course. however flagrant may he the lyeache3
of
non-compliance; but if the district be an important one,
and two or three rival cony:atilies stem t for it, the meet trum-
pery cv.e.s are raked up, ang it not unfrequently occurs that
what is considered in one room as frivoioug and vexatious
proves in the rOjAning one fatal to the progress of the Bill.
This, it is said, can be the best illustrated by the case of the
West Union Railway, which, after an expenditure of
200,000!. and two years' lasi; of time, has been thrown out,
because the paper in the progress of lithography had con-
tracted, and so disagreed with the figure 3 set forth upon it.
7,Vtief.her these facts are accurately sated or not, we cannot
vouch, but we must confess to haying heard general corn-
phinti, of the system of enthrinz standing orders rigidly
when awe are several competing lines, as in that caS4
merits of :ceommodation, traffic., or route, may be imper-
fectly developed from the circumstance of the exclusion of
one or more of them be a frivolous point of non-compliance
with the forms of the House.
The promoters of several of the defunct schemes of railway
are perseveringly following un allottees for their proportion
of expensss, but it would seem with very little success, it we
may judge from the austere tone of some of the circulars
sent to the different parties. One transmitted by a corres-
pond'nt
states, that " the Committee have come to the de,
termination of enforcing from those allottees who really
possess the means to pay and refuse, and to post those who,
come under the denomination of stags." Net satisfied with
this kindly intimation, theattorney whosends a lithographed.
communication charges ss. for his letter, and states that un-
less the amount demanded and this fee are paid into his
hands within four days from the date specified, the Com-
mittee will at once proceed against defaulters- Law in this
shape becomes rather expensive, and a bill of costs would
soon swell under so speedy a process. We, however, hope
that neither the attorney nor the promoters will find many
persons respond to their call.
A correspondent states, that having to make a payment in
the country through the medium of one of the branches of
the Bank of England, he took a cheque to the bank counter (in
London) and desired it to be remitted. As it was three
o'clock, the clerk informed him that it was too late to advise
the branch on the same day. To make the case stronger, it
should be added, that the cheque was not drawn on any dis-
tant establishment, but on the Bank of England itself.
Surely a practice like this is hardly consistent with a regard
to public convenience.
The acting committee of the associated body of West India
planters and merchants have just printed their report, giving
the full particulars of the measures pursued as best calculated
to restore the cultivation and prosperity of the West India
colonies. It appears from this document that since the final
emancipation of the negroes the production of sugar has
gradually increased from the lowest return of 107,000 tons to
142,000 tons, but yet at the same time great loss has accrued
to the proprietors, and others interested in the cultivation of
the estates, in consequence of the increased expenditure for
labour, &c. The committee express their opinion on the
recent schemes of immigration, fled give other information,
which will no doubt prove acceptable to West India pro-
prietors and planters at large.

- ASTIToN.—ADVANCE OF WAGES.—The joiners, and
others connected with the building trades in this town, fol-
lowing the example of the trades in Manchester, have given
notice for an advance of 6d. per day, which they demand
from the 4th of April next.
COLLISION ON THE BIRMINGHAM RAILWAY.—On Sa•
turday evening the up mixed train, which left Birmingham
at 45 minutes past five, met with an accident of a formidable
neture, but which did not, fortunately, cause loss of life or
lime' to any one. Everything went on well until the train
had pissed the Cheddington•station, but on entering a deep
cutting about two miles from Tring, the train came in vio-
lent collision with three luggage waggons, which were most
unaccountai,ly left standing on the rails. Most of the pas-
sengers were Orown off their seats, and as soon as they re-
covered from the shock, many of them got out and scrambled
up the cutting, as there was great fear of the express. train
coming up and dashing the other train to pieces. The guards,
d°l"
however, immediately dispatched men both p and
fortunately
the line with sign:els to stop it, and in this they
succeeded. The fthree waggons were turned off the rails, the
first one complete ty, thrown over, and all of their.' much da-
maged,by the collision. They were in suchaaaptoesition that it.
, • e as Lheddington (three
was found impose ible to get them clear,. all f. r two hours-
delay the tram wi a taken hack as ta
miles), and after
transferred to the tst.in London
her line, and arrived'.
regular about a
of the
s:- he mail down train had safely passed, was
quarter past one, tbri. Iced by the;
.Cus,oms' authorities
A notice b been established at the entrance of the
3 hours after the time.
onfa a, revolvingbourot ~.,t .
jfioth,bnt
,ehten&tivit:::::l,. in? .
+of Puerto Ike°, and a copy
c,ions. at all the ports throe: out
same will h a posted, by their (lA.
,—for the lulorutet.4.l ef inelMtrs of USHIS eaa :Ail gther
the kin,-;40,,,
1415t:a4 et4slooo' .