The Sun.
London, England, 1842-10-17 00:00:00

THE SUN, LONDON, MONDAY MORNING, OCTOBER 17, 1842.

cost me upwards df 32,000/. ; and that, upon the
whole, I shall be a loser of very nearly 40,0001. by
this concern.—(Sensation.)
We will also copy a part of what Mr. Wsr.
SMITH, a managing Director, said—l am sure I
should be quite deceiving you, if I were to hold out
the remotest hope that you will recover back any or
your capital. I do not myself think that you will.
I have given my best attention, of course, to the
suilject, and I have come to the best conclusion I
could ; and I think, although it is impossible, in such
large figures, to make anything like an accurate de-
cision ; and although, I confess, wherever there is a
question I give safety the benefit of it, and rather
over-estimate the loss than otherwise, because I felt
it would be equally unsatisfactory to you to be told
that .50,000/. is lost, as to be told that you have
lost it all. So I have, in my estimate, had refer-
ence to the ultimate winding up, and to the ex-
penses and delay necessarily incidental to it ; and I
do not think that you can expect to get any of
your capital back ; but I do think that, if the assets
turn out in any way, as I hope and believe they will,
you may reasonably expect a good portion of this call
to be re-paid you.—(Applause.) It is self-evident
that we cannot expect our creditors to wait the tardy
realisation of our assets; and when we show that,
under the best circumstances, we have not within
10,0001. of what will pay our debts, I think it is quite
necessary to make a call. The Directors have had
another object in doing so beyond their pressing ne-
cessities. They have desired to show, that however
unfortunate we may be, we are still determined to
look at the question as men of business, and to show
that we have that energy and strength within us to
enable us, promptly and satisfactorily to merit their
demands.—(Applause.)
A resolution was passed " That no transfer of
shares be permitted, on any account or pretence what-
ever, notwithstanding that notice of any such trans-
fer may have already been sent in for approval of the
Board of Directors." •

That will serve to continue the liability of all the
parties who are now Shareholders. On the whole
there was evinced a determination of the Proprietors
to take the loss on their own shoulders, and not al-
low the creditors of the bank to suffer.

* The Hurdle Stakes of 5 sows. each, with 20 'added
second saves his stake. Gent. rider's. Heats, once
round. (3 Subs.)
Mr. Hopwood's Birthday, aged, 12st 71b... • 1 1
Mr. Salvia's Infidel. 5 yrs, list ,71b
First heat, won easy ; second heat. walked over for.
BETTING AT NIANCHESTER--rawar.
11 to 1 agst A British Yeoman ; 20 to 1 agst- Cother-
stone ; 23 to 1 agst Philip ; 25 to 1 agst Napier; 50 to 1
agst Murat ; 33 to 1 agst Queen of Trumps colt ; 33 to 1
agst Black Drop :40to 1 agst Oxygen. • - • •
HUNTING APPOINTMENTS.
Major-General Wyndham's hds., Hambleton
Hurst ; Wed., I)unsford Common ; Fri.,• Lea- Farm ;-
Sat., Lowood Bridge.
Brighton harriers, - Mon.,. Thunders Barrow ; Wed.,
Patch= ; Fri., Dyke.
Brookside barriers, Mon., Newmarket mill ; Thurs.,
Telscombe Tye.
Mr. Tudway's hds., Tues., Charlton, Musgrave.
Torquay harriers, Mon., Shipley, Collaton ; Thurs.,
Stoke Common, 10.
Burton Hunt, Thurs., Carlton, 12 ; Sat., Stanfield
Hall, 11.
Mr. Bulteel's hds., Tues., at Goodamoor ; Fri., Ivy-
bridge, 10. •
Mr. Archer's hds., Mon., at Clapper Bridge ; Thurs.,
Trewear Lodge, 10.

Mt. RobeiisOn's lids., Mon., at Ellingham ; Tees.,
Bugle ; Thurs., Swarland Park ; Fri., Howick, 10.
Sinnington hds., 'rues., at Cauckless ; Fri., Hambleton
Hotel.
Wynyard hds , Mon., at Newbiggen ; Thurs., Brad-
bury Bridge.
F.8.H., Mon.. at Half way-house, on the Helsten-road;
Wed., Roskeymer Bridge, 10.
Staley hds., Wed., Warden Mill; Sat, Berthey Wood, 9.
Whitecross harriers, Tues., Burton; Sat., Whittle, 10.
Cleveland hounds, Mon., Kitton Mill ; Thurs., Coat-
ham-10 f.
Mr. R. Cockburn's hounds, Tues., Royal Oak, Gibbet
Moor ; Thurs., Two Pot House, Bampton Down-10.

GRAND ROWING MATCH.
The long pending match, for 100 Sovs., between
Robert Coombs, of Vauxhall,
and Robert Newell,
of Battle-bridge S•&rs ;lame off on Saturday. These
men about six "weeks ago contested for the same sum,
when, owing to the roughness of the weather, an accident
occurred to Newell off Wandsworth, his boat get.
ting swamped, and himself narrowly escaping
by jumping into his cutter, when he was a
hundred yards a-head of Coombs, who was
awarded the money. A second contest was made to
row for fifty aside, and that it should be from West-
minster-bridge to Putney-bridge, with the tide, and
start from either place at the option of Coombs.
On Saturday morning, at ten, it was agreed that the
starting-point should be Westminster-bridge. At half-
past 10 they took their stations ; bets were in favour of
Newell, and the toss for stations was also in his favour.
Newell took the outside, and his opponent the Middle-
sex shore. They went off in good syle and continued
nearly equal, up to Millbank, when it became evident
that Coombs was gaining slightly a-head of his adver-
sary, who was, it appeared, losing his confidence, as
he appeared to row rather wildly. Coombs, how-
ever, still kept to his work, and succeeded in going
through Vauxhall Bridge about a boat's length a
head, and continued to gain gradually upon his ad-
versary. On arriving at Battersea-bridge, Coombs
was, at least, eight boats' length in front of Newell,
and ultimately came in first at Putney, being the win-
ning man by some minutes. Newell, upon his coming
in, seemed very distressed and to suffer much in his
right arm. The match, considering the time of the
year, was well attended.

STATE OF TRADE.
(From the Leeds Mercury of this day.)
FOREIGN WOOL TRADE, LEEDS, OCT. 14.—For
some descriptions of Foreign Wool there have been
more inquiries than for some weeks past, but on the
whole the trade continues in a very depressed state,
and generally very unremunerative to the dealer.
ENGLiSII WOOL MARKET, LEEDS, OCT. 14.—Our
report of this branch of the trade during the present
week does not vary materially from the previous one
In Combing Wools sales have been very limited. In
Clothing Wools the demand has been moderate, and
prices stationary.
TRADE oe LEEDS.—Business gets no better at our
Cloth Halls ; the markets for goods of a general de-
scription have been dull this week. Tweeds, fancy
cloakings, and good beavers are the principal articles
in demand, whilst cloth continues very difficult of
sale. Business is also dull in the warehouses for the
season ; the principal sales now making are to buyers
from the country, who buy in the most sparing man-
ner, and only for present need.
BRADFORD MARKET, THURSDAY.—In the Piece
Market we have had a full attendance of merchants,
and the demand for Merinos and low Orleans cloth
continues to be fully as good as for some weeks past,
and prices without alteration. Fancy
goods are hardly
so much inquired after; but ruinously low have
they hen sold, that a great many manufacturers have
been compelled to turn from them and recommence
plain goods. The demand for Yarn is tolerably
steady, but we regret to hear that many of the most
extensive houses continue to work short time, or day-
light only; this has the effect of preventinF,,accumu-
lation, and causing prices to be steady. Ihe trans-
actions in Wool are still of a limited character, the
spinners buying only for immediate consumption: and
what little is done is at prices that the staplers say
they cannot replace, and unless the growers will give
way, we may shortly expect our market to be less
abundantly supplied.
TRADE OF MANCHESTER, THURSDAY EVENING:
We have (as was anticipated would be the case)
now
arrived at as low a figure for all kinds of hand and
power-loom cloth as before the late transient advance;
indeed, some kinds of cloth are lower than was ever
known. This point being arrived at,
many are san-
guine enough to expect a steady business, as well as a
large one, whilst there are many others who have
already come to the conclusion that there is no remedy
but short time. The turn-outs ought to be well satis-
fied if they can only be employed at the present
wages ; but they must not reckon too certainly on
even that, for a reduction in time will be tantamount
to a real reduction in many
departments. The aspect
of things for the coming winter is gloomy in the ex-
treme. Twist is, if anything, the turn lower again.

LORD ABINGER and MR. COBDEN.
(From the Times.)
ANCIIESTER, FRIDAY MORNING.—Last evening
a crowded meeting of the Anti-Corn-law League as-
sembled at their new rooms in Newhall's-buildings.

Mr. G. WiLsoN, Chairman of the Council presided.
Mr. R. COBDEN, M.P., who was received with very
great cheering, said—Ladies and Gentlemen, it was
not my intention to have trespassed on your attention
this evening, for we have good friends present from a
distance whom you will be anxious to listen to.—
(" No, no, go on")—but I am anxious to say a few
words with a view of calling the attention of the
meeting to certain observations reported to have fallen
from a Learned Judge at Liverpool during the pre-
sent Special Commission.—(Hear, and applause) In
doing so I should he sorry for a moment to be
thought to be wanting in that respect which is due to
the office—which is due to the distinguished office
which that Noble and Learned Lord fills. If there is
anything which as an Englishman I feel that I can
be proud ot; and that I have a right to be proud of, it
is the dignity, the learning, and the unsullied purity
that have adorned the English bench.—(Applause.)
But it is reported that in delivering his charge at Liver-
pool Lord Abinger said—" But it is certain, from the
information to which I have referred, that the disaf-
fection of the labouring classes does not seem to origi-
nate in any voluntary feeling (if I may so express
myself) of their own respecting their privations or the
high price of provisions. They all seemed to be sen-
sible that the rate of wages must depend on the price
of provisions, and I think it is evident that they saw
that those who promised them an increase of wages
by a diminution of the price of corn were not persons
to be trusted." Now, referring to the first part of
the passage I have read, which says that the disaffec-
tion of the working classes does not arise from any
feeling respecting their privations or the high price
of provisions, I should like to have the opportunity of
appealing to the Noble and Learned Lord, whether,
during the last session of Parliament, there were not
nearly 2,000,000 petitioners for the repeal of the Corn-
laws—(Hear, hear) —and all expressing the privation
to which they were subject, and their suffering for
want of bread ?—(Applause.) And I would also put
it to the Noble and learned Lord whether there were
not upwards of. 3,000,000 petitioners praying for the
Charter, in whose petitions there were the strongest
allegations of extreme privation, want of employment,
and the consequent absence of the means of subsist-
ence ?—(Hear, hear.) Now, these are facts which the
Noble Lord knew, or which as a public man he ought
to been acquainted with; and if he knew these
facts, he ought not to have alleged that the working
classes have not complained to the Legislature of their
suffering.—(Hear, hear.) But in the second part of
this quotation from the observations of the Noble and
Learned Lord, he has thought proper to cast an im-
putation upon this body. I take it for granted that
this body—the Anti-Corn-law League—as a body, is
legally and constitutionally established. This is a
body he has gone out of his way to attack, and of
whom he has stated that we are not " persons to he
trusted."—(Laughter.) We have promised to the
working men, that, by the repeal of the Corn-laws,
they would get their wages raised and their employ-
ment increased.—(Applause.) I know of no other.
means—l know of no other human means—by which
both an increase of employment .and an increase of
food can be obtained for the people of this country,
but by a repeal of the Corn-laws.—(Renewed ap-
plause.) The Noble and Learned Lord asserts, ac-
cording to the reports, that the rate of wages rises
and falls with the price of bread. Now, there was not
a poor unhappy man stood atthe bar before that Noble
and Learned Lord that could not have told him,
from his own experience, that not only was he
not stating the fact, but that he was stating the
very opposite of what his own experience had
proved to be the fact.—(Loud applause.) Any
man accustomed to the trade of this district will bear
me out that both wages and employment have in-
variably diminished with an increase in the price of
food, and risen again with the low price of food.—
(Hear.) It is deeply to be deplored that the Noble
and Learned Lord should so far forget the proper
functions of his office.—(Hear.) I say it is deeply
to be deplored that the Noble and Learned Lord
should so far forget the proper functions of his office
as to be attempting to lay down the law which go-
verns wages, when his only duty, as I understand it,
is to lay down the law of the land.—(Hear.) At all
events, if he undertake, this supererogatory duty, he
should make himself a little better acquainted with
the laws of political economy before he meddles with
the science.—(Laughter and applause.) Ido not
know whether it is proper here to allude to another
extraordinary passage in one of the charges of that
Noble and Learned Lord since he has entered upon
the Special Commission, but I see it is stated very
broadly, that the parties who are engaged in seeking
the Extension of the Suffrage—who are endeavouring
to obtain tl:e rights of citizenship—l see he has alleged
broadly that tlTey aim at the destruction of the aristo-
cracy, the overthrow of monarchy, and that they medi-
tate the violation orproperty. gow these are very bold
assertions to be male from the British bench.—(Hear,
hear.) To charge the great body of the working
classes of this country with felonious and treasonable
designs, when they seek constitutionally and legally
to obtain the right of the suffrage' is a novel doctrine
to be laid down in these days by a Noble and Learned
Lord presiding over a Court of Justice. Why, there
is another Lord, in the annals of our country, has
laid it down that it is the right of every man paying
taxes to the State to have a vote in the representation
of the country. —(Hear, hear.) Blackstone has laid
it down that it is the constitutional and fundamental
law of the country that every man paying taxes has a
right to be represented when they are levied, and
that unless he be represented, you cannot legally call
upon him to pay, even if the taxes be for the defence
of the State itself.—(Hear.) Well, I am trespassing
upon your time probably more than I
ought—(" No no ") ;—for my object is not
so much to lay down to you, who understand
thin matter as well as I do, my opinion upon this
subject, as to show, should these few humble remarks
reach his Lordship through the press, that he has
undertaken and done what is not only not in strictly
good taste, but what is not constitutional law.—
(Hear, hear.) I ask, do not the great body of the
people pay taxes ? Why, what do we read in the
newspapers ? There is a great falling off in the re.
venue. And how is it accounted for ? The news-
papers tell us it is that a very large portion of the
industrious classes had ceased to labour, and that
in consequence they had ceased to contribute taxes.
This statement may be exaggerated, but it goes to
show that it is understood that the working classes do
pay a portion, and a very considerable portion, of the
taxes. I think that the language of the Noble and
Learned Lord is indefensible in good taste, in sound
judgment, as well as upon constitutional principles.—
(Hear.) I confess the charge of the Noble and Learned
Lord, in which he implicates the great body of the
working classes in these felonious and treasonable
desgns—l confess that I think that charge has been
so calculated to prejudice the cause of those who have
been tried at these Special Commissions, that if a
mot!on was made in the House of Commons for an
Address to her Majesty, to remit the sentences of
those men convicted, pursuant to the charge of the
Noble and Learned Lord—l say if the reports be true
—if the ivords of the Learned Judge be correctly re-
ported, as at present advised—l should vote in favour
of such a motion.—(Loud cheers.) Now, Gentlemen,
I'll tell you what, in my opinion, is the proper duty
of a Judge upon circuit. His duty is simply and
solely to administer and expound the law of the land
—(Hear, hear)—and the first requisite a Judge ought
to possess, to retain to himself that influence and
moral weight I should always wish to pertain to the
British Judge, is a due control over his own passions,
prejudices, and predilections.—(Cheers.) As the re-
presentative of the Crown, in its executive capacity,
the Judge, whilst administering justice, ought to know
nothing of politics.
Several other speakers afterwards addressed the
meeting, and were rewarded by a vote of thanke; after
acknowledging which the party brok
• e up,