The Sun.
London, England, 1842-09-19 00:00:00

blow up, but either from the safety valves proving how
safe and efficacious they are, or from some other cause,
the anticipated event did not happen. Nothing is now
standing of the immense edifice but the ruins of a
portion of the walls. The damage is variously esti-
mated, but the most probable amount is about 13,0001.
The machinery and stock was insured at the amount
of 9,0001., and it is said the building is also insured,
but of this fact there is not sufficient authority for
stating it to be correct. Several fire-offices are also
mentioned as being losers) by the event, but such
statements are not ascertained to be correct. The
factory was at work, and has been for about a fort-
night past since the turn-out, with nearly the full
number of hands, and during the fire it was pleasing
to observe haw anxiously and earnestly they afforded
every assistance in their power.
There has been no fresh attempt to renew the dis-
turbances in this town, and the situation of affairs
with respect to the weavers remains the same. In
Stockport and Stalybridge the milk are at work
with few exceptions, but at Ashton-under-Line only
one is working. At Bolton this day the spinners
ceased work, the notices which they gave to the mas-
ters a fortnight ago having expired. Reports are rife
that another general turn-out of power-loom weavers
is to take place throughout the whole of the manufac-
turing districts next week, and that delegates from
the union have this day been despatched to the dif-
ferent towns to effect the object.
ASHTON-UNDER-LYNE, SATURDAY EVENING.-At
length we are justified in announcing that there is a
decided prospect of a speedy termination of the out-
break. This town has all along been regarded as the
nucleus of the agitation, and the vigorous steps taken
by the authorities here within the last day or two pro-
mise to be attended with the best effects. We allude
more particularly to the apprehension of a batch of six
or seven of the most active ringleaders, under whose
direction the whole of the riotous proceedings in this
district have been concocted and carried into effect.
At the head of these is Pilling, the leader of the
Chartists of Ashton, who accompanied the mob in
their circuit through the whole of the manufacturing
districts in Lancashire and Yorkshire, urged
them on in their most desperate attacks on the
various works, and publicly boasted on several occa-
sions that he had been the instrument of throwing out
of work at least two millions of hands. This daring
and unprincipled fellow was, thanks to the intrepidity
of Mr. Robert Newton, the chief-constable of this
borough, apprehended last night in the midst of a
Chartist meeting, held in the Chartist Association
Room, in Charlestown. Pilling was speaking when
Mr. Newton entered the room, and the mob imme-
diately broke into the most savage yells and threats,
crying " Knock him down," " Turn him back ;" but
Mr. Newton was not to be deterred from the dis-
charge of his duty, and he succeeded, with the assist-
ance of a small force of special constables, in securing
Pilling and five other well-known individuals. They
were immediately lodged in the gaol, and though the
town was in a very disturbed state in the evening, no
outbreak took place.
At eleven o'clock this day, the Magistrates sat in
large room of the Town-hall, to investigate the
charges against Richard Pilling, James Thorpe, Saml.
Fean, George Taylor, William Wild, and James
Nague. All of the prisoners are of mature age.
Taylor is apparently about 60 years of age.
A great deal of evidence having been taken,
The Rev. J. S. R. Evans, the chairman, addressed
the prisoners, and said they must be satisfied that the
case had received every requisite attention, and the
conclusion which the Magistrates had come to, after
giving their most careful consideration to the evidence,
was that the charge of conspiracy was distinctly
proved against the whole of them. It was their duty
to commit them all on that charge ; but two of them,
Pilling and Nague, stood prominently forward, and
the amount of bail required for their appearance
would be, in each case, themselves in 1001., and two
sureties in 501. each ; in the other four cases, the
principals in 501. each, and two sureties in 251. each,
with 48 hours' notice: of bail. Pilling will take his
trial in the county of Lancaster, the others in the
county of Chester.—The prisoners were then removed.

(From the Manchester Gtardian of Saturday.)
The only new feature in the state of the working
population of this district is to be found in the com-
plete break up of the turn-out qt Stockport, where
the workpeople are all rapidly returning to their work,
on the same terms as before the turn-out; and, from
what we hear of their feelings, we believe there can
be little doubt that they will continue steadily at their
work. In Ashton, there is not, as yet, the slightest
appearanc; of any general resumption of employment ;
and the hands of Messrs. Whittaker and Sons, who
returned to work on Monday, as mentioned in the
Guardian of Wednesday last, are again at a stand,
having evidently been so far intimidated by the at-
tempt made to turn them out on Tuesday, that they
have not ventured to resume their employment. At
Stalybridge, although most of the factories were at
work yesterday, the hands are evidently in a very un-
settled state, and at present it seems somewhat doubtful
whether they will continue at their labour. At
Bolton, the spinners have all given notices to their
"employers, which terminate this day ; but we believe
nothing is yet known as to their real intentions. In
this town, the weavers are gradually returning to
their employment at the old prices, and every day
witnesses a considerable augmentation in the numbers
of those at work, as well as an increase in the exas-
peration of those who remain out. Several efforts
have been made during the last two days to turn out
those who have returned to their labour; but, with
one trifling exception, they have all been unsuccess-
ful • and, on one or two occasions, the assailants have
ffe sured rather severely. In one case, we regret to
say, one of them received a blow which has termi-
nated fatally; being the first instance of loss of life
that has occurred in this town since the commence-
ment of these extensive and protracted disturbances.

MONEY MARKET and CITY NEWS.
CITY, SATURDAY EVENING.

FROM THE MORNING PAPERS OF THIS DAY.
TIMES.—If the symptom of a rise in stocks is to
be regarded as favourable to a revived action in trade,
the reason why that has not taken place at the present
moment can be easily explained by a fact which has
before been adduced to illustrate the temporary dull
appearance of business. It seems to be generally
considered, and indeed it is admitted by many of the
influential dealers in the Stock Exchange, that the
purchases by the jobbers have, to a considerable ex-
cess, been in advance of the ordinary demand of the
public, and hence that the free delivery of stock,
when a call appears, checks for the while any mate-
rial advance in value. On the other hand, there is
also stated to be a gradual increase in the employ-
ment of capital, which, although it does not to an
inconvenient degree raise the rate of accommodation
for short periods, nevertheless has the effect of re-
straining those facilities of business afforded at a
period of unrestricted abundance. These circum-
stances combined will in a great measure account for
the present stationary position of matters at the Steck
Exchange, but they can hardly with fairness be ac-
cepted as causes originating the complaints daily
made of the slackness of mercantile operations, which
yet seem to call for some vigorous action to put them
in a train to relieve the many cries heard of the hard
state of the times. After all it may possibly occur
that the working out of capital from the funded se-
curities is for the more profitable disposal of it else-
where ; and should this prove the case, before the year
closes signs of increased activity may yet become
visible in most departments of trade, which would at
once impart that unity of purpose which could not fail
to make the stimulus general, and produce a salutary
effect.

The new scale of corn duties is extending its effects
to the continental speculators. Many failures in the
north of Europe, we are given to understand, have
occurred, from the extensive fluctuations noted in the
value of wheat in our market, but none have occa-
sioned so much regret as the stoppage of Messrs. Lu-
bienski and Co., at Dantzic, announced in the letters
received thence yesterday. It has been before
rumoured that they would be obliged to arrange with
their creditors, but from their high connexions in
Poland, it was not for a moment apprehended that
they would be reduced to the painful necessity of
closing their doors. From what has transpired on
this subject in the City, it does not seem that their
whole burden of misfortune has been created by
the operation of the new scale of duties, though
there can be no doubt of its having hastened the
catastrophe, for, it is universally believed, that the
firm had sustained damage in connexion with failures
which have taken place here and in Ireland. The
continental houses are expected to be the greatest suf-
ferers by this event. It is yet hoped that their family
connexions will come to their assistance. Their debts
and liabilities are stated to spread over 100,0001. to
150,0001., and their assets are reckoned at not more
than a tenth of that amount.

It is understood in the City that the Chancellor of
the Exchequer has proposed to allow Portuguese
wines to be bottled in the merchants' private vaults
for home consumption, under the lock and survey of
the Excise, and under proper regulations for the pre-
vention of abuse. The wines would be thus stored
till the reduction of the duties by the Act of Parlia-
ment, and would then be removed, the difference of
duty having been allowed upon them. The effect of
such a proposal would be to prevent the trade from
losing the present bottling system.
POST.--The American journals seem
to give pro-
mise of a more favourable state of affairs
in the Union
for the coming year than has for some time existed,
independently of the cheek to commerce anticipated in
the operation of the new tariff. In dwelling upon the
advantages derivable from the exportation of the great,
staples of the country, it is remarked that there are
already indications of a movement in the article of
cotton, the season for which commences in. (kt°
The transactions in this staple, as well 45 In tegc - '
to-
bacco, and sugar, Will be carried on in a specie cur-