The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-06-15 00:00:00

ASCOT HEATH- RACES-TUESDAY.

The following return of the sport will show that, although
abundant and good, the field, owing to the number of horses,
lame or otherwise amiss, were small. .
The,Oatlands Stakes ,of 30 sovs. each, h. ft. and only 5, &c.,
with 100 added; second to save his stake. Fifteen subs, owe
of vs horn declared. Two miles and a half.

Lord Exetei's Velure, 4 yrs 7st. 10Ib. (Conollv) I
Mr, Dolphin's The Staker, 5 yrs. 7st. 51h. .. 2
Mr. Wickham- s Pincher, aged, Bst. .. • • • • • • 3
Mr. M. Stanley's Willesden, 5 yrs. 7st. 911). .. 4
Duke of Richmond's Bracelet, 3 yrs. sst. 10ib. .. 5
A Plate of 504 for maiden horses: three-years, 71b. 41b.; four,
Bst. 81b.; live and upwards, 9st. 21b. Mares and geldings
allowed 31b.. •
Capt. Williamson's Mervan, 4 yrs. .. (S. Man) 1
Capt. Garduor's c.. by Gaburlunzie, out of Cinderella, 3 yrs. 2
Mr. F. Craven's Brockhaintou, 3 yrs. .. 3
Duke of prafton's Unique, 3 yrs. .. • 4

A Gold Vase, value 200 sovs. given by her. Majesty, added to a
Handicap, of 25 soya. each, for three-year olds. SwinleY
Course. Eight subs.
Lord Exeter's Mecca, Bst. 71h. (Couelly)
Mr. Greville's Morella. 7st. 91b. .. • • • • 2

Lord G. Bent.inck's Seth, Bst. llb

Capt. Gardner's Bandboy, 6st. 71b. .. 4
Lord Suffield's c. by Dr. Eady, d by Reveller, 7st. 411)! . 5
Sweepstakes of 50 sous. each, h. ft. for two•year old•-colts, Bst,
71b.; and fillies; Bst. 31b. Last three-quarters of a mile.
Nine subs.
Mr. Wrefoid's b. c. by Camel, out of Margellina Day) 1
Mr. J. Dixon's b. c. by Camel, out of Maria .• • • .. 2
Lord Suffield's Alan .. .„ „ 3
Lord Alhemarle's Tyrius •.•
.• • • . 4
Her Majesty's Plate of 100 guineas.; three. vrs. 7st. 21b. ; four,
9st. 21b.; five, lOst; six and aged, lOst. Sib. From the New
Mile Post, once round and in.
Sir G. Heatbcote's Valentissituu,6 yrs. (Chapple) 1
Lord Chesterfield's Bretly, 3 yrs. .. .. • • • • .. 2
Capt. Pearson's Munchausen, 3. yrs, . : • • . 3
Mr. Garrard's Hibiscus,•4 yrs... . • ••_ • • • . 4

Mr. Knight's b. g. by Cetus, out of sis to Cobweb, 3 yrs. ~ 5
Capt. Wi!liainson's Nieman 4 yrs. .. • • • •-•
Sweepstakes of 100 soya_ each, h. ft. • for three-y r-old colts Sat.
71b. and tillies.Bst. 31b. Oce mile.

Lord Jersey's Pheenix . .. (Robinson) I
Mr. Vaosittart's c. by Ilotni,tiro,' Clinker, d. by Abjer 2
Amato was in this tace,'but ou •Monday information was re-
ceived at Ascot, from Sir G. Ileathcote,that,he would nofrun.
Her Majesty left the course immediately after the fifth race,
amidst loud cheers.'

.6./.11).' :
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CORRESPOATDEII'C'

SHARE-BROKING.

-

" I have heard tnuch Of the beauty of truth, but it is a beauty no
one likes to look Upon. To find it out; is only to find that you havO
been duped in every possible manner; and to hear it, is only to havo
a friend give way to his temper, and to say something disavieeable to
you." OLD CHRON.

MR. EDITOR,--I waited patiently to see who or bow many
would reply to my let'er. which appeared in your paper of the
Ist instant, and was almost content to allow the only two au-
swers which were attempted, to remain unnoticed,—inasinuch
as the one furnisnes a complete rejoinder to the other, and both
are to a great extent confirmatory, of all I asserted as to the
crooked dealing of certain share-brokers. -
1 could have wished and certainly did expect to see some-
powerful member of their body step forth, prupria persona, to
juitify if possible their proceedings and to plead their cause;
when lo! the only champion whom the whole association could
produce, appears to possess no higher title than the empty one
of " nothing ;"—and even he, being unable to enact the valor-
ous character which he assumed, simply becomes the uncon-
scionable Godfather of all their sins past, present, and to come ;
and, with a conscience as ample and accommodating as ocean.
itself, boldly asserts that not one tainted fish exists among the
whole tribe ! • • • •

Hence his advocacy of their cause amounts to nothing, profits
them nothing, is worse than nothing; hence may be applied to
him the apposite description of nothing, as given by a witty
Irishman—that it is a " footless stocking without a leg"—and
to his arguments, the just remark that they have neither leg
nor foundation to rest upon; how, indeed, could it be otherwise
when we are all agreed as to the truth of the aphorism—"Er
nihilo nihilfit?'' •
But cypher or nothing though he be, , I have not yet quite
done with him; and first, I will tell him, iu plain terms, that
my object was, and is, and shall be to see every such nonentity,
nun-responsible, or valueless 0 extirpated from,our Stock-Ex.:
change; that we want to see it stocked with men possessed of
something—and that such alone ought to find a footing there.—
In the prospect of such an event, I would seriously advise him
to return to the school whence he came, and sedulously to teach
himself—what he is strangely deficient in--;the art of writing
his own language intelligibly. Never, indeed, was the school-,
master shewn to be so completely "abroad" as is this Pedant-
broker iu his language, his arguments, and even in his surmises.
With the latter—especially as to " alto the writer is"—! will
now assist him, so far as to tell him not exactly who I am,—
but what may equally answer his purpose—who I am not.
Well, then, I am no " Hebrew-principal smarting under the,
recoil of my own irregularity," &c.; 1 am not an "unsuccessful
candidate for admission into an association as honourable, as
intelligent, and embracing as much integrity as any in the
kingdom;" 1 am not and never have been a seller of shares,
''having a defect in their titter I sin no "Solon in commer-
cial ethics ;" lam no "libeller" how keenly soever the truth of
my accusation may have pricked the guilty •conscience; laoly;
and most assuredly, I am no broker, whether as a highly privi-
leged individual luxuriatino "within the pale" of the associa-
tion, or as a deeply disgraced " outsider writhing under the
defeat of rejection;" no, no, I am no broker, and, thank Pro-
vidence, I have az. present no occasion to become such ; but
should every other business and profession fail me—the same
kind Providence may peradventure direct me—in the altered
state of the poor-law and workhouse reliet;—to seek an asyllitn,
"within a pale," which is likely to become—if it is not already
—the last refuge and resource of the needy and the unfortunate.
It', on the other hand, fortune should continue to befriend me;
and to direct my steps to the share market, I shall attend to au
advice of this man-of-nothing, although it is by no means " fa-
cile of accomplishment"—l mean as to the selection of a broker,
" in whom confidence might and ought to be placed,"—to this
end, he must needs expect to see me some 'day at noon travers-
ing the precincts of the Exchange, armed, us was the philoso-
pher of old, with an auxiliary light in quest of the man.
May its benignant rays, aided by those of the sun, guide me,
safely past his door, and to that of the worthy " Share Broker"
who is the writer of the secohd letter in reply, and on whom I'
will bestow a little of my present attention, perhaps much of
my future patronage !
Unlike the, empty bubble—now well nigh broken, I opine—
Share Broker writes as a man of sense, a man of business, and a
gentleman ; admitting the justice of my complaints generally,
and deprecating the continuance of a system which he knows to
he bad iu itself and still worse in its too probable consequences:
To him, hoe ever. I would say, before employing him in the
transaction of my business, "you must not put off fur mouths
payment of such shares as yob sell fur me, simply on your plea
of (Toss transactions occurring between brokers;'" with this;
principals having nothing to do, and wilt, if I mistake not, have
still less to do iu future. I assure you, Sir, it will no longer be
tolerated; and if attempted with me, you will certainly meet
with a most disagreeable outbreak of that " petulant humour"
which vou have disceYered in me—the great reformer of your
abuses—but which, after all, is only a characteristic of reformers
generally.
With him I would say to the brethren, " occupy yourselves
during the present calm state of the market (which I verily bey
lieve my letter has produced,) in instituting fresh rules for the
government of the association, &c:; set your houses in order',
y appointing one or two settling days in each, week;, above all,
impose on each member of your society a certain test in the
shape of an ample security—on the •faith of which the public
may then, with mane degree of safety and propriety, look to a
broker as " responsible fur the return of either money or docu-
tnents,"—a responsibility which, in too many instances, it is
now idle to talk of or expect.
He says my remark as to the not unfrequent arrest of a broker
is a trespass upon truth and opposed to my statement of the
" general respectability" of the body. Now, hark ye! friend—
not one word is to be found in my letter as to their general re-
spectability—the whole of my remarks on that tender subject
amounting to this—that the few older ones generally, and some
of the younger ones particularly, are respectable, &c. but that
it was fur the public to say whether these constitute the majori-
ty or minority. As to the trespass upon truth, and before again
giving my remark even So gentle a negative, I would advise
him to "move for a return" of all those who were brokers some'
two years ago, but are such no longer—and on how many of
their doors have been, or may now be seen, the inscription—
" non est inventus" If he cannot, then let their godfather
" Nothing" answer where.
In conclusion, Mr. Editor, I •would, excite your risibility by
describing, as I myself laughed heartily in observing, the extra-
ordivary sensation caused among the:fraternity by the appear-
ance of my letter in your journal: It was evidently a bitter
pill to swallow; and I cannot present. to your imagination a
more correct or faithful picture of its effects than is to be found,'
most opportunely, in the last number of the famous. history of
the Nickleby family, as recorded by the glorious Boz. You
will find it in the eighth chapter, page 67, wherein the youthful
hero of the story is introduced to the school-room of Professor
Wackford Squeers, and made to behold the worthy spouse of
the pedagogue, administer to the hungry pupils a copious dose
01 brimstone and treacle. The wry and rueful faces thereby
produced (vide frontispiece illustration by Phiz) were nothing
distorted, as compared with those which were witnessed, to the
infinite amusement of all beholders—by the gentle exhibition
of the ponder done up in your paper! Let us hope that the
same chehp, economical, and salutary sort of medicine—which
mine certainly ens, will produce the same good effects, as did
the brimstone and treacle, cleansing and purifying and extend-
ing its healing influence to each and all the thin skinned, un-
sound members i.f the .component whole! That such way be the
happy result is the sincere wish of their friend and yours.,
A SHARE DEALER.