The Sun.
London, England, 1844-11-11 00:00:00

STATE OF TRADE.

Since our last article under this head appeared, we
have experienced very little change in the usual
channels of business. There has been a moderate
consumptive demand, and nothing more, for the
leading articles of commerce ; and the stocks in im-
porters' hands being more than sufficient for the
wants of dealers, prices have rather receded than
otherwise ; this will especially apply to sugar, coffee,
and cotton, and it is difficult to account for the pre-
sent position in which we find many of the most im-
portant articles of our trade.
Money matters are still easy, and facilities readily
obtainable; yet we find no disposition to speculate
in produce; indeed, the current of speculation flows
rather in the direction of railway schemes, which
are springing up in every quarter, and will, should
Parliament sanction their plans, find full employment
for all the spare capital of the kingdom for many
years. We are within the mark if we estimate the
expenditure on these newly-projected undertakings
at twenty millions per annum ; and when we take
a retrospective view of late years, and consider
bow short a time has elapsed since money was hardly
obtainable at six per cent., we think we find some
cause for alarm at the sudden and lavish expenditure
which these speculations suggest : yet we believe that
there are applicants for far more shares in every com-
pany than their prospectuses require, atilt no sooner
are the shares allotted than the lucky holders rush into
the market, and find purchasers for their prizes at
considerable premiums. There is too much reason to
fear that a spirit of wild and deeply ruinous specula-
tion is afloat; and Parliament must, and we believe
will, energetically refuse to sanction such a lavish
expenditure, and thus many of the schemes will fall
through, and commerce will be saved from the serious
influences of such vast speculations, which must always
att unfavourably on mercantile operations.
In the manufacturing districts a good and improv-
ing business is going on, every cotton mill fit for
work is actively employed, operatives are getting
better wages, provisions are low in price, and masters
are making money more easily and more rapidly
than at any time for the last seven years, for, whilst
the prices of manufactured goods have been improv-
ing, the spinners have bought their cotton at gradu-
ally receding rates, and thus all the advantage has
been on their side.

pertains—even the decorous and satisfactory distri-
bution of justice in the Central Criminal Court by the
judges appointed by the Corporation—these are trifles
compared with the privilege of faring sumptuously at
the City's charge. Though the intellect may be ob-
scured, and even the decorum of demeanour requisite
to maintain the dignity of the judgment-seat be
violated, through the indulgences of the table—the
evening sittings of the Court will be continued, unless
the Government do something more than " mom-
mend " their abolition.

STANDARD.—The cause of federalism proceeds
as slowly as Mr. O'Connell can desire, and almost as
slowly as he expected it would proceed. Mr. Duffy,
of the Nation, on his own behalf and that of his
friends, denounces it as a cheat, and for once in his
life appears to have stumbled on a fact. Mr. Smith
O'Brien professes the deepest attachment to the ori-
ginal watchword; but is kindly " disposed to make
some concession of opinion, and try a federal constitu-
tion by way of experiment." One would think that
this pompous but empty declaimer had intended to be
merry at the expense of his repeal associates, when
he enunciated the aphorism that the panacea
for every evil under which Ireland is labour-
ing at the present moment is self-government This
is the great secret all the world over. No man is so
happy and free from disquiet of all kinds, as he who
possesses the important qualification of being able to
restrain a wild and erratic disposition. The axiom is
as old as the hills, and can never be too often
repeated. It is one, moreover, the value of which
has been appreciated in all ages. There are,
however, no class of men in existence less qualified
to practice this humanising virtue than Irish
repealers ; it being the very last lesson that
their instructors ever dream of teaching them.
When such .men as Mr. O'Connell and Mr. Smith
O'Brien have learned the art of self-government
in their own persons, they will be better qualified
to recommend it to their countrymen. At pre-
sent they are but types of the mischief that would
ensue from permitting the national self-government
for which they clamour. The reason why self-
government, as a moral principle, is not more fre-
quently displayed, appears to us to be that every
man wishes to frame a system adapted to his
own wishes and circumstances. Thus, what
one man deems self-government, another considers
the wildest moral wilfulness; until parties are
even more at issue as to its meaning than Mr.
O'Connell, Mr. Duffy, and Mr. Smith O'Brien. Mr.
O'Connell being unable to put any rein upon his
avarice, and finding the repeal rent in a progress of
rapid decline, would fain start a new hare. Mr.
Duffy, of the Nation, who is well aware that the
comparative prosperity of his seditious newspaper
depends upon the amount of agitation that is kept
afloat, dsmands self-government in the amplest
sense of the term. We wonder he does not super-
add a proposal to revive the Irish monarchy. Mr.
Smith O'Brien's definition of the phrase varies from
Mr. Duffy's, inasmuch as he seems to consider it
somewhat squeezable. He asks high-minded men
how he can serve Ireland ; how he can rescue its po-
pulation from the unnumbered evils they suffer; how
he can " uplift and uphold the honour of his country."
He answers his own inquiry by the simple and ex-
pressive phrase of self-government. His notion is, a
return to the " international arrangement of 1782 be-
tween Great Britain and Ireland, and the reconstruc-
tion of the Irish Parlianient upon a reformed prin-
ciple ;" in other words, the total and unconditional
repeal of the union. Unlike Mr. Duffy, however,
he will be content with any instalment of the
"debt" he can obtain, and professes to be "disposed
to make some concession to public opinion (we
thought the eight millions were all but unani-
mous on the subject), and to try a federal constitu-
tion by way of experiment." To accomplish his great
object, or, indeed, any portion of it, he is kind
enough to assure us that all will be considered as
fish that come to net ;" albeit, the convert should
bear " the ill-omened designation of Orangeman !"
" Let him (he adds) adopt the new and undefined de-
signation of federalism ; and if he labours to promote
the welfare of Ireland —if he cherishes its glory
as his own personal honour"—he will be eligible
for admission into the federal ranks ! But Mr.
`rnith O'Brien seems to forget that it has been
pronounced by an an authority mere potent and in-
fluential than his own, that Orangemen possess none
of these qualifications. It would be idle to repeat
the character which the arch mendicant apostle of
repeal has assigned to them, and almost as unneces-
sary to express our belief that those Protestants who
promote his present mercenary speculation by joining
the ranks of either repeal or federalism, will be con-
sidered to have earned individually the character he
has given of their body.

Owing to adverse winds, our imports have been
light for some weeks, but so soon as a change takes
place we shall have ample supplies and full employ-
ment for out of door labourers. We may, too, ex-
pect the first indication of the extent of the new
trade in guano, the imports of which will begin to
be very extensive, and must insure the farmers a
large supply at very reasonable prices. Ships in
great numbers continue sailing to Ichabne, and
there is every reason to believe that Great Britain will
receive a supply of 200,000 tons before the Ist June next,
besides which there will be large imports from the
South American coast. Thus we see a trade, as it were
only of yesterday's creation, surpassing in extent every
other branch of business; and whilst yielding lucrative
employment to shipping, it affords to agriculturists
n cheap arid highly valuable manure for land. At
the present moment there is very little demand for
the article, and purchases fur delivery in all this
month, might be made at 51. 10s. per ton, which, con-
sidering that the freight alone is often 41. per ton, and
in some cases more, yields but a small profit to the
importer, after paying the necesz-ary expenses of load-
ing and landing.—Liverpool Mercury.
(From the Leeds Mercztry.)
FOREIGN WOOL TRADE, LEEDS, Nov. B.—There
have been rather more inquiries for Foreign Wools
:ithis week, and about an average quantity has changed
hands, at recent rates.
ENGLISH WOOL TRADE, LEEDS, Nov. B—Tile
manufacturers still buy very sparingly, and only for
iinfnediate use. We do not quote any alteration from
Lst week's prices.
WAKEFIELD WOOL MARKET, NOV. B.—There is
?,o relief to the dull state of the wool market reported
t;n- several past weeks, and that this long abstinence
Yrora huyitag on the part of the consumers has net
Nro, 1 need a greater effect on prices, can only be ae-
. 'milted for by the light stock in growers' hends, and
he firmness with which it is held.
LEEDS.—We have this week had two of the dullest
markets at both our Cloth halls that we have had
•iuring the year; there appears to he a little doing to
older, but a total absence of speculation in goods of
ray description; prices however keep steady, as the
: nanufacturers are curtailing the supply in preference
t a submitting to any material reduction in price.
Business has also been dull in the warehouses during
he week ; there have been eery few buyers in the
sown, and foreign houses continue very still.
BRADFORD MARKET, THURSDAY.— The demand for
combing wools has undergone no change during the
week ; the supply in the market is fully adequate,
a.ri every description, to the requirements of the
rode. Although not more than half the usual bu-
einess has been transacted by the staplers generally,
• hiring the last two months, prices have not receded
much ; indeed so little is the decline, that the spin-
ners are quite indifferent about prosecuting their
sivocrefon. There is an evident flatness in the yarn
business, and the contracts entered into for November
are at lower rates. We scarcely ever knew such
general complaining amongst the spinners as at pre-
mint. Yarns are not more than ten per cent. higher
now than they were at this time last year, while
wool is fully twenty-five per cent. dearer, and higher
avages paid for labour. These very great dispropor-
tions at once account for the vast curtailment in the
production which is now adopted by almost every
establishment both in this town and the surrounding
neighbourhood. The piece trade continues in as un-
ftatisfactory a state as can well be imagined. Not-
;withstanding the remarkable decrease in the pro-
..tction, goods are dull of sale, and prices less than
the cost of making.
MANCHESTER, THURSDAY Evert-tem.—There is
no new feature in our cloth market this week,
bough we have had accounts both from India and
a ;hina. The prices for all kinds of cloth are steady ;
t hough many had, no doubt anticipated that the ad-
vance in wages would have enabled the manufac-
ture* to have realised a corresponding advance. The •
home trade is most satisfactory, so far as regards de-
kland. In yarns there is an immense business
4 thing, and, under such circumstances, it is quite sur-
prising that an advance has not taken place, especi-
zdly on export numbers.

POLICE INTELLIGENCE.

(SATURDAY.)

MAN SION-HO L/ SE.

Mr. Driver, wholesale stationer, of No. 28, King.
street, Cheapside, and another respectable and extern
sive tradesman, applied to Sir Peter Laurie, in _ con•

sequence of the active exertions of a gang of depre-
dators, one of whom was named John Simonds' who
represented himself as a dealer in East and West
lUdia produce, and whose office was at 13, Great St.
Thomas Apostle.
Mr. Driver, it was stated, had been victimised to

the amount of 181. Mr. Simonds, who is a person
of respectable appearance, called in the absence of Mr.
Driver, and gave an order to his son for two reams of
paper, and for the engraving of two plates, with 1,000
copies of each. The order was executed upon the
understanding that ready money was to be paid;
but, unfortunately, Mr. Driver's servant was pre-
vailed upon to leave the goods without receiving the
cash; and, as might be expected, all applications were
fruitless. There was the appearance of real business
in the purchasing counting-house, for there were
several real hams about the place.
Sir PETER LAURIE—Are you sure they were real
hams ? For these fellows have so much ingenuity
that they elm stock their premises with all sorts of
imaginary goods.—(Laughter.)--The witness said
there was, he believed, no doubt as to the reality of
the hog's flesh. There were, however, several
packages on the shelves very neatly arranged, which
corresponded with Sir Peter Laurie's description of
some of the London swindlers.

Mr. Boyd, a very intelligent station clerk, stated
that upon hearing the representation of the gentle-
man relative to Simonds, he went to the counting-
house in St. Thomas Apostle, and saw there a num-
ber of packages, which upon examining proved to be
filled with chaff and sawdust. The owner of that
property, however, had absconded, and the female
who had let the counting-house to him was in great
alarm. There were several persons, no doubt, in the
firm, which had been traced to Thames-street, where

1:-.1PIRIT of the PUBLIC JOURNALS.
27.0711 THE EVENING PAPERS OF SATURDAY.
GLOBE.—The evening sittings of the Central
Criminal Court have by no means tended to raise
the character of the Civic Judges. They are gene-
rally the scenes of indecorum, such as are witnessed
in no other court—nor in this, except after dinner.
The unseemly altercations between the counsel en-
paged for the prosecution and the prisoner, tks
yassttges of wit between the Bench and the Bar
ith occasional ebullitions of excited feelings front
the same quarters, have been often alluded to
k nd remarked upon by the press. They showed, but
plainrf, that the bottle had been freely circulated
an the festive _board in the adjacent dining-room ;
vnd that the effects were unfavourable to the suit-
rthle pelormance of the duties in which they were
*.agaged. We need only mention the subject
to those who have witnessed the post-prandial
" sayings and doings" of the two Courts,
in the evening sittings, to recal attention to
scenes which fully sustain our remarks. It
as therefore with some satisfaction tnat we
noticed a proposition made by Alderman Wood at a
Court of Aldermen held last week, the object of
hich was to abolish the evening sittings of the
Central Criminal Court, and to establish an addi-
tional Court, so as to dispatch the whole of the
btisiness before dinner. We had hoped that a desire
in the Court of Aldermen to prevent the recurrence
e. unseemly exhibitions in a court of justice, would
II eve prevailed over even aldermanic attachment
tf the delicacies of the cuisine. The hope was de-
'wive. The proposition was scouted as one which
it would be derogatory from the dignity of the
Court of Aldermen to entertain. It did not even meet
'ith a seconder; but fell, still-born, to the ground.
One member of the Court—an ever-garrulous knight
—treated the suggestion with marked contumely. An-
ogler (Ald. Copeland) considered it as little less than
DU:minable ; and declared that, if carried, he would re-
sign his gown—the most expressive mode of showing his
alhorrence of the innovation upon the vested rights and
ivileges of Aldermen. The proposal was thus all
la.tt hooted out of Court by the indignant gastro-
.* meg. At the close of the discussion Alderman Wood
of served that, if the Court of Aldermen did not set
ab.n)t reforming the evil, they perhaps would receive a
NV' at on the subject from a higher quarter. The worthy
AVierman did not imagine that his prediction would
be so speedily realised. Great commotion was caused
tir,:on'T the civic functionaries who were assembled on
tant'd,sv last at the Old Bailey, for the purpose of
m+ting: Ole Judges to fix the days for commencing
Ott. sittings f the Court in the ensuing mayoralty.
A letter from Sir James Graham, recommending the
Court of AhlernAen to take the abolition of the evening
sittings of the Court into its seriou consideration, was
produced. Thelettei•of the Right Hon. Home Secretary
wt s alluded to yenta day at. the Court of Aldermen,
art wns treated rather cavalierly by the worshipful
• embly. " Alderman Wood wished that the letter
itten by Sir J. Graham to the Lord Mayor, on the
six lect of doing away with the evening sitt nvi at the
Ce-ttral Criminal Court, should be en
teredv on the
ra',nutes of the Court. lie submitted a motion on the
sv ject, and Alderman Ilumphery seconded tile trio- i
6,7, Lord Mayor most decidedly objected to
proposition, which at once fell to the ground." 1
er e influence Of public opinion, enforced by the
c.-?mrnendation of the Government, communi,2ated
atire,,cuali the medium of the Minister to is hose tie-
rn
• .t ent the duty of superintending the adniinistva-
.. ,te th criminal justice of the country specially

they had taken in all they could.
Sir PETER LAURIE declared that he would feel the
greatest satisfaction in coming in contact with every
individual of the firm. He, however, would have
the satisfaction of meeting Mr. Simonds out of the
City by means of the press, the exposure of such
cases rendering infinitely more service to the public
than the diluted trials at the Old Bailey.
Mr. Boyd stated that every exertion should be
made to secure the person of the accused.

THE SUN, LONDON, MONDAY EVENING, NOVEMBER 11, 1844.

used the expressions attributed to him, all the de-
fendant had to do was to say he was only the servant,
and not accountable for anything presumed to be
wrong or objectionable. He could not see what
right the defendant had to step forward and assault
the complainant in such a violent manner.
The defendant said he certainly struck the com-
plainant ; the complainant made some infamous re-
marks with reference to Mrs. Parkes.

Mr. HARDWICK said the complainant had not
seen his way clearly in his venture ; the parties had
put their own value on the prints, and this had dis-
appointed the complainant's expectations. The com-
plainant had used some strong language previous to
the blow, and this circumstance would go in mitiga-
tion of the punishment.
The Magistrate then inflicted the fine of forty
shillings and costs.