The Sun.
London, England, 1857-11-16 00:00:00

BOROUGH flop.

Very fine hops are in moderate request, and last week's
prices are supported. Otherwise the demand is heavy,
and the quotations have a downward tendency. Last
week's imports were 3'il bales frora Hambro'.
New Mid and East Kent pockets, GN to 121 s ; Weald of
Kent ditto, COs to 81s; Sussex ditto, 522 to 72s per cwt.

SPORTING NOTES.

G.iOD FOR, SHREWST

Lit s eek

as remarkable in m

Remarkable for it quantity and remarkalle for its
quality. Mr. Topbam, despite the most discouraging
dlficulties succeeded in giving his patrons even more
than they bargained for, and got up a meeting which for
the interest which it excited has never had a superior at
Aintree. The style in which Special License galloped
away from his opponents, for the Cup, showed that his
party had made no idle boast, when they stated that he
could give Mcejtissima 6lbs. and a beating. William
Day had somehow over-estimated the "form" of St.
Giles, who certainlydid not run up to his Spring perform
antes. "Isaac," however, as usual, made no very great
mistake with Cotswold, and it was not until Special
License came with such force into the betting that his
confidence was shaken. The number of 2-yr-olds which
were brought out at Liverpool formed not one of the
least important " features" of the meeting.
The last scene of all, which ends the strange eventful
history of the racing season, 1857, will be played out at
Shrewsbury; for the Ludlow "epilogue" will not attract
much attention. With Mr. Frail for the manager, and
a hest of well-known performers, there is little doubt
of the curtain's going down with eclat. lam really
puzzled how to deal with the probabilities, and
have the less hesitation in making this confes-
sion, because the leading sporting journal also
expresses its disinclination to calcalate the Shrews-
lury chances. Rumours of horses intended, and
horses not intended, are plentiful enough, and as at this
period of the year everybody is bent on putting money
in his purse, people must exercise some little caution in
their speculations. How Mr. Frail manages to compile
so formidable a programme as that which he annually
iB3lltll, astonishes the uninitiated, and how he
succeeds in commanding large fields is a matter of sur-
prise, even to those persons who are pretty well ac-
quainted with the working of racing affairs. The two
top weights, Pole Star and Leamington, have been
struck out of the Shrewsbury Handicap. Hobgoblin
and Rosati are not unfavourably weighted, and with
"Somerset to help me" I shall stand them against the
field.

Cotswold,Laverna, and Special License have incurred
penalties which must more or less spoil their chances for
their respective engagements at Shrewsbury. I shall
therefore place them "out " of the Corporation Plate,
and select Mabel and Badsworth. M. Dobler and the
Plush colt are seemingly as well in as anything for the
Column Plate.

For the Steeplechase I shall be inclined to trust Knigh
of the Shire and Minor.

A discussion of Thursday's racing must be postponed
until Wednesday afternoon, when I shall at least have a
knowledge of the horses arrived to guide me.

A FRESII MAN.

IRELAND.

DUBLIN, SATURDAY MORNING.

THE MONETARY CRISIS.

The step just taken by the Government towards
the casement of the money pressure does not appear
to have given general satisfaction this side of the
water. The _Evening Mail unreservedly condemns
the Ministerial panacea, observing :
" Baseless speculative trading in Glasgow and the
grossest banking mismanagement caused a number
of commercial failures in that city, and ultimately
the stoppage of two banks largely used by the class
of small depositors. A run upo❑ other Glasgow
banks was the result, and such a popular commo-
tion as was sufficient to frighten Lord Palmerston
from his propriety. Not knowing what else to do,
he determined, at all events, not to be beaten by
Lord John Russell, and from that determination
sprang the letter which it appears was neither sug-
gested nor approved by the Bank. The best result
we can hop• for is that no serious harm may be
done ; but it is greatly to be regretted that sufficient
firmness did not remain in the Treasury counsels
to wait a few hours for the turning point towards
which the natural process of cure was fast advanc-
ing."

The Evening Post, on the other hand, contends
that some relaxation had become absolutely neces-
sary, not to uphold concerns that ought to suffer
for improvidence, but to provide for the require-
ments of legitimate trade. The remedy adopted
in 1847, the Post maintains, was the obvious one
to be applied in the present crisis, and adds :
" In Ireland, as we have often already stated,
and as events have proved, there has been none of
that system of reckless over-trading which has
caused so much calamity in England and Scotland.
Here trade generally is sound, payments are punc-
tual, and mercantile credit was never higher.
We use the term credit' as a conventional phrase ;
for capital is most abundant for all legitimate
purposes in Dublin, and there really is less of
a credit system than, perhaps, at any former
period. Irish capitalists are availing them-
selves of the high rates of interest for loans on
Government security in England, and investments
are so largely made that Government Stock to a
consideraile amount has been transferred to Ire-
land even during the last two months. Neverthe-
less, we rejoice at the symptoms of improvement
that have been manifested in England and Scot-
land since the announcement of the letter of Lord
Palmerston, allowing the Bask of England to in-
crease its issues. The panic, now at an end, has
been 'short, sharp, and decisive'—not more than a
fortnight iu duration in Great Britain, but here we
had the opportunity of contemplating its effects at
a safe distance from the scene of disaster. This is
the first time in our history, perhaps, that Ireland
has thus been distinguished at once for prudence
and prosperity. Already we have reaped the re-
ward, and hereafter we shall find the advantages
of the reputation we have acquired for that sound
mercantile credit and prudent conduct of our bank-
ing business which have so effectually protected us
during the severe commercial crisis of 1857."