The Sun.
London, England, 1826-08-02 00:00:00

BRANCH BANKS.

Of all the places feted en far the establishment of branches of
the Bank of England, the most active opposition is shown with
respect to Manchester ; and one of the pr►ncipa.l London banker*
connected with that town, has; it is said, had several interviews
with Ministers, and justified his hostility to the measure by some
very forcible arguments. lie undertakes to show that the inter-
ference of the Bank et Manchester, will not only do.no good, but
be productive of positive injury, unless the directors (what they at
present flatly refine) adopt the system of banking previously in
use there. Manchester, he contends, owes its prosperity entirely
to that system, and must declirie, consequently, if itis disturbed.
The essential part of that system is to make the capital of the rich
manufacturer assist the manufacturer who has goods and credit, but
no spare moniy. ' The first deposits his surplus with his banker,
and on the condition that he does not disturb his balance
for six weeki, or some fixed period, receives interest for
the use of it. Out of these balances the banker is
enabled to open credit accounts with the manufacturers of en in-
ferior class,. by whom he is paid a somewhat higher rate of interest
for the accommodation. This, with a commission for drawing
bills on London., constitutes the profit of the Manchester banker.
A branch bank will neither allow interest on deposits, nor credit
accounts. Their mode of business will exactly assimilate to that
in use in 'London ; they will receive deposits, and discount good
bills at short dates. But as the superior credit of the branch
bank, and the convenience of drawing out the deposits at any
time, tund without notice, will cause accounts to be opened by the
rich manufacturers, the private bankers will have no funds where-
with to Continue the accommodation to the inferior class, who will
be compelled to close their factories. The private bankers have
ample fund* for the discount of good bills ; the Bank of England,
in that respect, they contend, can do no good ; but the mere ex-
pectation of a branch bank compels them to circumscribe their
credit acconnte at once, lot the rival establishment should suddenly
deprive than of the funds' from whence they are supplied. This
is the principal argument of the Manchester bankers against branch
banks. What impression it has made on Ministers we are not
aware; but if they are of opinion, as is supposed, that the rapid
increase of the manufacturing system has produced great evils, and
that it requires 'to be checked, they cannot attach much import-
ance to it. Should that, however, be their conclusion, it is clear
that the. formation of a branch bank at Manchester will not lessen,
but may greatly aggravate, the distress already, felt there. Any
sudden change in the system of banking, by which the affairs of a
great manufacturing town are conducted, is, it must be owned, a
proceeding full of danger, ',specially at a crisis like the present.

ASSIZE INTELLIGENCE.

EXETER, MONDAY, JULY SI.
&OWL V. BRUTON.

This important cause has been made a remanet by eon-1
sent of both parties. The
„iuryman who was taken ill on I
Saturday did not improve in tha course of yesterday, and
it was evkdent would not be able to attend this
clay --
Under these circumstances, and the Cornwall assizes wait-
ing, it was thought better to let the case stand over than
go on with eleven jurymen. Another could not be ob-
tained instead of the sick one, inasmuch as all the re-
maining jurors had lion discharged, and had returned to
their homes. All the expellee must now be incurred
again. 6,000/. have been expended.

LEWES, TlizsDAT, AUGUST L

CIVIL. SlGZ.—vng two v. 1/02MAX .11arl/ six trontas.
This was an Excise prosecution against the defendants
for a riot at Hastings, and for assaulting. Ann Shaw and
others, on the 28th of December last.
It appeared in evidence, that on the 28th of December
last, a woman, named Shawford, had been brought over
from Battle to Hastings, for the purpose of giving evi-
dence in support of six or seven informations lodged with
the justices, for, offences against the Excise Laws. Some
of the humbler aisses of Hastings (which was designated
by the King's Sergeant as the most lawless place in the
county of Sussex}, felt considerably excited by the ap-
pearanee' of Mrs, hawford, and knowing the purpose for
which she was brought over, determined to molest her in
her way to the Town-hall. The women were most active
in the affair, some of whom proceeded to tear her clothes
from her back, and in a few moments she was almost de-
nuded. These acts were accompanied by gross invective,
and the officers had great difficulty in preserving her from
bodily injury., The widow Borharn was stated to have
been most conspicuous in the outrage. One of the officer,
bad his little finger slightly scratched; and another nar-
rowly escaped from a snow-ball, supposed to have been
charged w3th a piece of stone bottle.
Aileirind Judge summed up the case for the Jury,
who having retired for half an hour, acquitted all the de-
fendants except, Ae widow Borliam, against whom they
returned a verdict of Guilty.
JOHN DARIIX, ESQ. v. GOLIAXIM
This was a qui tam action, by a country gentleman, and
a Magistrate of this county, to recover a penalty of AZ.,
under, the statute of 6th Ami, c. 14, for keepi
ng a lurchnt
er
dog, the defendant not being qualified. Te defenda
pleaded the general issue, rid debet.
There was not the slightest evidence to show that the
defendant kept the lurcher for the purpose of destroying
game. The only evidence tending thatway was en admission
made br the defendant to the plaintiff's gamekeeper, after
the action war brought. The gamekeeper called upon the
defendant, and told him that he hail seen the dog hunting
A kart,. an a particular day, in a direction towards the
plaintiihouse. It bad been represented that the dolg
had bee,: in the habit of killing a great many hares. t
did not appear that the defendant had .used the dog, or
bad kept It tiff the purpose of' killing game. He had in-
deed inquired' Of the tax-collector what duty be should
have to pay for ketTit!g a sporting dog, and. what for a
dog not used for sport...ng.. sic wits told, and then de.
sired to be charged with dog w hich he did not mean to
use for the destruction of gem". Some loose expressiOns
were given in evidence to shoW that the defendant hit
boasted of the prowess of his dog, which he said could
destroy seven hares in an hour.
,Mr. Justice Holroyd chargelthe Jul, that in point of
law they could not find the defendant guilty, unless they
were satisfied that he had kept or used the dog for the
puke
of killing game
jury, deliberated a few minutes, and found- their
verdict fo.'" the defendant.
on the Grown Side ended on Saturday,
The busii:ess Lewes who tried se-
with the amiiiita:Tice oergeant ,
vend prisoners for Mr. :Baron
Graham.
The execution of Daniel Leant' for the murder of Ben-
espited till Thursday. Hannah
jamin Russell hes heel' ° • d.
Russell's execution has been respite( me ie.

............._........."..------.---
Upwards of 6000 persons are at present out of cm-
plyment in this town, and shoubl dhm distress now
a
eusting continue much longer,
_this number will be
fearfully inerpased..—Sockrort Advertiser,