The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1852-03-16 00:00:00

as " ruined by the

He does,

£3OO w asthe

subscription of a personal friend of his (Mr. ROEBUCK'S)
own, who, it seems, had the curious taste to send it
through the hands of the Whig factotum. He would not,
however, he says, allow COPPOCK to interfere "as he did
at St. Albans." Mr. ROEBUCK only allows of COPPOCK'S
interference at elections "in a Pickwickian sense." In
the meantime, the place in Cleveland-row is getting busy
once more ; and if the English people cannot suit them-
selves et the next election, they deserve to have a week
of the French system of legislation ; for there is scarcely
a constituency that has not offers of all classes and cuts
of political opinion-dealers, from the most mediaeval
Young Englandism to the points of the charter.
The cause of the sudden departure of the Mar-
quis of NORMANBY from Paris turns out not to be
his " intrigues on behalf of the House of ORLEANS," but
intrigues of a totally different character—another illus-
tration of the well-known phrase of Oxenstiern, "with how ,
little wisdom the world is governed !" Indeed Prince
President BONAPARTE is an excellent type of the dissi-
pated democracy of the present time, professing a violent
love for the people and popular institutions—speaking and
exciting socialism till he gets the power to act it—then
exciting military despotism, and establishing regal luxury.
How many " mute inglorious" democratic humbugs are
trying to deceive the mob, who, if instead of a mere seat in
=filament, they obtained by popular suffrage like Louis
Napoleon a despot's throne, would make the quarrels of
their bona robas grave matters of state, and dismiss an
ambassador without notice, as they now kick out a valet
without wages, for being impertinent to the possessor of
matronships by brevet rank.
The same intemperance of attack on the Church of
England, and the same injudicious attempts at pomp and
triumph, which brought down upon Dr. NEWMAN the
reproof of the Roman Court, as being " inexpedient,"
goes on bravely. It is most wholesome and advisable,
and ought by no means to be discouraged. The silly per-
sons who are in the habit of going over to the Romish
Church for the mere purpose of becoming notorious, do
not see that when they actually join the mob the atten-
tion paid them while they are wavering immediately ceases.
The system of " posture and imposture" is, alas, a sys-
tem of obscurity for all but the commissioned
actors ; but obscurity does not suit the SCOTT
3IURRAYS and the Cuisnoem ANSTEYS. Another im-
pertinence has been recently committed by the presenta-
tion to the Queen, " in full canonicals, with a green cap,"
of Mr. SEARLE,—the secretary to Cardinal WISEMAN.
This. was the exploit of Mr. SWIFT, the shoemaker, who
lugs about with him an Irish priest, wherever the display
allowed by his very useless office will allow him. It is
very remarkable that the old folly that ruined Popery in
England so suddenly in the time of JAMES H. should thus
be revived in exactly the same manner. Then, as now,
the streets began to be thronged with grotesque " scare-
crows, (or, as JAMES I. would have said, " pease-
"
bogles,'') with mock humble countenances, (the eye
always betraying the furtive double purpose,) and funereal
dress—and then as now the slightest appearance of
advance was enough to upset the prudence of the
hangers-on of Popery. The plan of Mr. SCOTT MURRAY
to bring a Romish priest " with all his trumpery" is the
carriage with the LORD CHIEF JUSTICE was perhaps not
badly thought of, had it succeeded,—as the money cannot
be so easily drawn either on the continent or in America,
without the show of work being done. Though the prin-
ciple of the subscribers to the Propaganda is not exactly
"no cureno pay," it is not far from it. Mr. MunnAr's ruse,
however, was unfortunate, inasmuch as it brought down
Lord CAMPBELL'S rebuke. The nature of the Whig
ATTORNEY-GENERAL probably wrought strongly in his
lordship to hold his tongue, but the principle of the Pres-
byterian minister's son finally overcame it, and Mr. SCOTT
?lUnRAY did his last-adopted church a questionable service
in provoking the early protestant feeling of the noble son
of the minister of St. Andrew's. By thewav, a very laugh-
able incident occurred at the trial at Mayo assizes, where
a popish friar, called Shanaghan (anglicised, by the Tab-
let, into " St. John ! ! !)", was convicted of burning the
Bible, and most foolishly and culpably only held to bail
—a course that will strike the peasantry of the neighbour.
hood with the idea that the judges are afraid. Mr.
Kzoon, the M.P. for Athlone, and leader of the brass
band, though a papist, who was counsel for SHANAGIIAN,
did not know that the New Testament was not in the
Douay translation till Mr. TOWNSEND, the rector, whom
he was examining, informed him. This is a specimen of
the most enlightened clue of lay Rorcanig§,

The most interesting literary gossip is about the SHEL•
LEY, BYRON, and KEATS forgeries. It seems that they
have passed an inspection of unusual severity during the
last three years, and are only now discovered. The source,
however, from which they were derived was rather sus-
picious, being no other than from the soi-disant " son"
of Lord BYRON—" GEORGE GORDON BYRON." We are,
however, promised the whole history of the affair in the
course of the week.

Amongst the announcements of the week in literature
is one by Mr. Newby, of a very original and fearless book
from the pen, it is said, of a nobleman who has taken a
great interest in both the physical and moral progress of
society—" The Bible in Downing-street." The subjects
are chosen from the most flagrant indifferentisms of
modern legislation, and no class is spared, but delin-
quincies legislatorial, social, professional, and popular,
brought to the test of Revelation.
Of quite a different tendency is an appeal from the
churchwardens of St. Paul's, Cogent-garden, for funds to
put up a monument to Doctor WALCOT—the infamous
PETER PINDAR 1 The modest churchwardens do not ap-
pend their names, and they are right. They join, to be
sure, SAMUEL BUTLER'S name with that of the degraded
parson. Poor BUTLER !—he had surely disappointment
enough in life from those profligate times,

When Dryden in immortal strain
Had raised the table round again,
But that a ribald Kine and Court

Bade him toil on to make them sport,
without being placed now with PETER PINDAN 1 The
Churchwardens of St. Paul's have in their care the dust
of Sir PETER LELY arid GRINLING GIBBONS, but they
prefer to commemorate in these democratic times the
libeller used, as WILLIAM GIFFORD said of him, to

Blow from his mildewed lips an intense blow,
And blast the brightness he could never know.

ills of this night's debate are looked for, of
course, as the first point of interest.

The res

COMMERCIAL AND MONETARY NEWS.

MONDAY NIGHT,

THE bullion in the Bank of England has been again aug-
mented, and from the present rate of foreign exchanges
_.i shortly expect to learn that the enormous
,mount of twenty millions sterling lie unemployed in the
vaults at Threadneedle-street. Although the augmenta-
tion of gold and silver is unexampled, there is not much
increase in the loan and discount business. It is rumoured
in monetary circles V-

we may ye

.ssertion

at a measure is in contemplation to
clditional amount of gold from the Bank, for
of withdrawing a portion of the X. 5 notes in
n. We, however, question the accuracy of

The return from the Bank of England for the week
ig the 6th of March gives the following results
.ompared with the previous week :

when c,
Public
Other
Rest .

£6,902

!0 ; Increase .. .'179,823
12,124,056 ; Increase ....465,6'.A
3,616,523 ; Increase .... 12,342

it securities. 13

Other securities

Increase
InerPnsn

Increase

451,170

The amount of notes in circulation is 420,237,320,
being a decrease of -4286,150; and the stock of bullion in
both departments is 410,410,070, showing an increase of
4171,146, when compared with the preceding return.
The public funds have been well supported during
the week, aided, no doubt, by further purchases for mo-
ney on private account, as well as on behalf of the Corn-
lissioners for the reduction of the National Debt. The
of the speculative monthly account has been

settlement

arranged more easily than was anticipated, rnd the bulls
bad the advantage, the rise having been almost conti-
nuous, though very gradual, and not important, even
taking the extreme quotations since February 10, when
Consols were 96-1 to 96-1. From the 18th to the 21st of
that month, a reaction occurred, but subsequently the
improvement has not been interrupted, and the fluctuation
on no day being more than Z, arid mostly to 1, it may

)e inferred that speculation— has been dormant

closing price, when we last wrote, was 971. On Saturday,
being favourably affected by the intelligence from the
Cape of Good Hope, they left off at 97 to 98, and we
learn by Electric Telegraph that the last marked prices
this evening were-97 to 98, although some sales were
made as high as 98k.
Most '

descriptions of foreign securities have been
ly dealt in, and in some instances better prices
,nid

We hive had a fair amount of business in shares during
the week, and prices until Saturday, almost without re-
action, continued steadily to advance. On Saturday a
marked rise took place, which has been fully maintained,
and in most instances continued to progress to-day. The
stock of the Lancashire and Yorkshire Railway, Cale-
donians, and Midlands, have been eagerly bought at an
advance of two per cent. The highly gratifying nature of
the report issued by the Caledonian Company has brought
in considerable bowl fide orders for these shares. The
general tone of the market is exceedingly good, and stock
The traffic returns have again fully satisfied
ectations of the shareholders, justifying the gene-.
~..;„;nl-1 that n r,radnal addition to those

very scarce
the e

retu-ns will continue to take place. French shares also
are very strong ; the reduction of the rate of interest upon
the Rentes having produced a sudden and decided rise.
Gold shares have been quieter, but prices are well main-
tained, and, in some instances, have advanced. Colonel
Fremont, the original proprietor of the Agna Fria and
other mines, is expected to arrive by the next packet.
"Ve close this evening at the best of the week, after a
lusiness done during the day, at the following quo-
:—Lancashire and Yorkshire, xdiv 701 't 1 ;lc lc 1 ;
fifths, 62c id 4 7-16 d ; pref. 6 per cent, 13 15-16 c; fifths
W. R. U., 4d ; Sheffield stock, 31.1 c 2 ; £6 new
pref., 11-16 p ; Midland stock, 59-k ; ditto Bristol and
Birmingham, 134; East Lancashire, 17; Caledonians,
x div 18. ; preference, x div 8,1 ; Dover stock,
_ .

tations

x div 201 41 ; Liverpool and Southport, 181 Oswestry and
Chester prof., 16; Eastern Counties, 8 7 15.16 15-16;
Paris and Strasburg, 221; Northern of France, 51p ;
Orleans and Bordeaux, id ; Dutch Rhenish, 4d.
A. healthy tone generally pervades commercial circles,

weakened by old losses, end by a connection
with the East and West Indies, succumb from time to
time. Since our last remarks, the house of Mr. A. A.
Lackersteen, in the Calcutta trade, has suspended ; and
the inability of Messrs. Richie Brothers to meet their
liabilities has been announced. Their business was chiefly
in connection with the West Indies, and disappointment
with respect to remittances from that quarter was the
immediate cause of their stoppage. The amount of their

but firms,

ties Las not been stated; but it is expected that they
will range between £50,000 and £lOO,OOO. Two or three
small firms in Glasgow have stopped, but the debts will
prove inconsiderable.

- Little change has taken place in the colonial produce
markets. The dealings have not been extensive, but prices
in general have been supported. Sugar has been flat,
without experiencing any depreciation in price. Coffee is
rather firmer, the market being sparingly supplied. Ten,
although in less active request, brings former prices. In
articles used for manufacturing purposes, the demand is
not large, but no decline has taken place.
A correspondent most extensively engaged in foreign
and colonial produce sends us the following remarks :
" There has been very little doing the last few days, poli-
tics quite taking the place of the usual routine of business ;
and as a general election is inevitable, the wish is, that
it should come off with the least possible delay. Sugar
is rather lower since Friday's circular, but Tea and Cof-
fee support former rates. The Cotton market has been
very flat, and prices are maintained with difficulty."
Holders of Cotton have been obliged to accept lower
prices in the course of the present week, as the demand
was less brisk, owing to the trade being pretty well sup-
plied just now, and the late accounts reporting in-
creased receipts at the shipping ports, with every proba-
bility of a further augmentation. At the brokers' weekly
meeting, on Friday, the authorised quotations were de-
clared to be 50. for fair Orleans, 541. for Mobile and
Uplands. On Saturday and to-day the market, although
steady, has been quiet, both buyers and sellers awaiting
further advices from the United States. The latter are
well stocked, and, from the large number of Cotton-laden
ships on their way to this country, if they purchase spar-
ingly, can for a time prevent prices from advancing much,
if anything, beyond present quotations.
The Grain trade is dull. There is a total absence of
speculation, and "town and country dealers" only operate
to satisfy pressing wants, influenced as they are by the
opinion that prices will further recede. We learn from
the Berlin correspondent of the Times that the scarcity in
Germany, from which so much assistance was expected in
the Grain market, is fabulous ; that the produce is there,
but is held for speculative purposes, to thwart which, and
not from any fear of deficiency, the Prussian ports have
been opened for its importation.
The reports of trade in the manufacturing districts of
the United Kingdom do not contain any new feature of
moment. At Manchester a moderate extent of business
has been transacted. Business at Bradford continues dull,
both as regards Wool and piece goods. At Nottingham
there is not much business going forward in lace goods,
and the Hosiery trade is rather dull, as the trade have, in
most cases, completed their spring purchases, and the
orders from the United States are not yet to band.
According to our advices from Birmingham, several of
the trades are at the present time comparatively in a state
of languor, while, according to the representations of
some of the principal manufacturers and factors, others
are unusually active. A few of the papier rnachg and
japanning establishments are, for instance, extremely
busy, while the majority are suffering from a want of
orders. Complaints with regard to other businesses are
far from general. The dispute between the master gun-
makers and the operative stockers and finishers, although
unsettled, is expected to be soon arranged. The iron
trade is reported to be rather better than it was some few
weeks ago.
Our business advices from the Continent continue
uninteresting. From Amsterdam it is mentioned that
the government contemplate the issue of treasury notes
for a sum equal to about £B®ie.ooo, which they would in-
vest in national securities. There was also a proposition
to impose a tax upon all incomes from the funds, but it
was thought unlikely to pass. From St. Petersburgh the
advices to the 3rd of March speak of no change in the
maakets, except an advance in tallow. The Odessa dates
are to the Ist, and report a revival in the demand for wheat,
and large transactions during the preceding week.
LATEST STATE OF THE LIVERPOOL MARKETS.
COTTON.—The demand, since the publication of the
weekly report, has been moderate, but without effecting
any change of moment in prices. The market closed this
afternoon with a tame but steady feeling. Compared
with Friday's quotations, prices of all kinds are unchanged.
Indeed, all the solid kind of American is bad to buy in
all qualities, The sales of Saturday and to-day are about
12,000 bales, of which speculators And exporters took

2,500. Among both days' transactions were 7,600 Ame-
rican, at 4d. to 54d. ; 1,940 Pernam and Maranham, at
51d. to ad ; 800 Surats, at 31d. to 41d. ; 560 Bahia, at
51d. to 61d ; 450 Egyptian, at 51d. to Sid. ; and 150 Sea
Island, at 1731 d. to 18d.

WooL.—Business continues very dull both here and on
the continent ; and, if anything, prices are a shade lower.
Scotch is almost neglected : prices almost nominal.
SUGAR.—The demand has fallen off, and to effect sales
to any extent, lower prices would be submitted to. The
only transactions reported since the publication of Friday's
circular, arel3oo hhds. Demerara at 293. to 295. 9d. for
refinine qualities up to 383. for Vacuum Pan, and -200
boxes Yellow Havana for export at 193. 9d. per cwt.
MoLAssßs.—Very little business doing in this article,
we note sales of 50 puns. Clayed Cuba at 12s. 6d. per cwt.
Runs.-4 few puns. Jamaica, and 20 puns. Demerara
have been disposed of at about previous rates.
COFFEE.—The market is exceedingly quiet, but prices
are supported. Recently, 100 bags Native Ceylon went
at 40s. per cwt.

DYEWOODG, &c.—Twenty tons St. Domingo logwood
have changed hands at £3 10s. Cutch is in good demand
and improving in price. 15 tons Lima wood are reported
at £l4 10s. per ton.

JUTE.—The demand for this article continues lgrge,
1000 bales changed hands at £8 15s. for common, up to
£l2 7s. per ton for good.
RlCE.—Sales are small, but prices are not lower. -A
small parcel of Bengal has found buyers, at 103 3d per cwt.
SUN DRIES.-100 bags Saltpetre realized 293 6d per cwt.
for 5 per cent. refraction, and a small parcel Cassia
Lignea 120 s. per cwt.