The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-12-16 00:00:00

TO THE EDITOR OF THE LIVERPOOL STANDARD.

Sin,—Observing your leading article on the Currency,
permit me to inform you of one or two circumstances for your
consideration. The institutes of all joint stock banks give the
shareholders the advantage of credits to the extent of the se-
veral sums paid upon shares. The paid up capital being com-
monly invested in Government stock, it follows that all such
banks of issue have not only a return for the capital so invest-
ed, but the shareholders the use of a duplicate capital gratis,
except what is caused for office expenses. The richest landlord
in the kingdom cannot get the like privilege but by being a si-
milar associate in the original shares of a bank. To this and
to the mode in which they have allowed the corn trade to be
carried on, is imputable the growing difficulties of the landed
interest; and it is obvious that henceforth trade cannot be car-
ried on with general success so long as this inequality in the va-
lue of the paper currency remains unremedied. The associated
thus are the only gainers. No competition can withstand this
of thinits_either here t.
'plain and palpable, and every motive calls tor its speedy adop-
tion. The humble depositors in savings banks are relatively
losers to the extent of one million per annum on their capital a
sixteen millions. It holds out a bribe to pauperism, this ano-
malous state of currency ! The one party may be said to draw
dividends for a capital which has been abstracted. The savings
bank depositor, when he draws, ceases to receive any further
interest. Besides, he is perhaps paid in notes of his employer's
bank; and it is well known that power as well as credit is often
employed to suborn opposition of interests. This should not
be. £500,000 is lost thus to a pot tion of the humbler classes, by
the want of a principle of credit for savings banks, and £500,000
by the use of notes of antagonist interests. Hence you have a
clue to the increase of poverty among the lowly even in this
christiau age.
There is nothing to hinder any fraternity to institute a bank;
but what is to become of the fug end of society, or of those who
begin business, between the last and the next-to-be hank in
ilka place?
Let deposit banks he separated from (discount adventurers)
commercial banks—let Government institute deposit banks ge-
nerally—and, as money is merely the representative of pi oper-
ty, let a paper currency be issued corresponding to the said de-
posits, and let all ranks whatsoever have the optional rule, of
depositors becoming surety for advances to whom they pleased
upon lieu of their deposits.
You may depend upon it this must be the case, if an overrul-
ing Providence has decreed the emancipation of the nation, and
the extension of the kingdom of righteousness and peace on
earth.
This currency would prove in every nation a regent circula-
tion, perfect in every sense of the term..--I am; &c.
Limon News Rooms, CREDO.
36, George-street, Edinburgh,
Dec. 10, 1836.

AGENTS FOR EMIGRATION.—The Home Secretary has sanc-
tioned t)te appointment of the following officers to be govern- •
ment agents for emigration :—Liverpool, Lieut. Low, U.N.;
Bristol, Lieutenant Henry, R.N.; Dublin, Lieutenant Hod-
der, R.N.; Cork, Lieutenant Shuttleworth, R.N.; Belfast,
Lieutenant Lynch, R.N.; Limerick, Lieutenant Forest, R.N.;
Greenock, Lieutenant Hemans, R.N.; London Agent, General
Colonial-office, Mr. J. D. Pinnock. —Minister ial print.

GLIF.AT NORTH OF ENGLAND RAILWAY COMPANY.—This
company, has given notice of their intention to apply to parlia-
ment in the ensuing session for powers to extend their line
froM the river Tees, through Northallerton, Thirsk, and
Easiugwood, to the York and North Midland Railway, at Hob
Moor, near York—to construct a bridge across the river Ouse,
at York—to form a branch front a point in the present line to
the city of Durham, and for other important objects.
- -•

MIDDLESEX REGISTRATION.—The annual meeting of the
Middlesex registration committee was held at its looms on
Thursday last, December 8, Colonel Clitherow in the chair.
The report read by the secretary was of the most gratifying de-
scription. It stated that of the objections taken in the courts
of the revising barristers, during the sittings of the present
year, the conservatives had sustained 416 out of 742, or nearly
four-sevenths; while the radicals had only supported 248 out of
709, or about five fourteenths. Besides which, the objections
taken by the overseers were, in a majority of cases, beneficial
to the conservative interest, increasing the gain on objections
to at least 200 votes. Of the new claims admitted, the commit-
tee could calculate on a considerable majority; as far as yet
ascertained, probably to the extent of from 150 to 200. On the
whole, the advantage gained to the present year might be thus
summed up :—At the end of the registration of 1835, the con-
servative majority, on the ascertained votes, was 1,544; at the
present time that majority amounted to 2,161. Still, there re-
mained a considerable body of registered voters whose senti-
ments were not yet ascertained. In December, 1835, a calcu-
lation, which supposed a very large proportion of these to be.of
radical opinions, still left the conservatives a majority of 536.
A similar calculation, made at the present moment, would leave
the conservatives a majority of 1,179, even supposing all the
unknown voters to poll, and in a very great proportion on the
radical side.— Times.
DISTRESSING AND REVOLTING CIRCUMSTANCE.—The parish
Church of Logie, in the county of Ross, has again income
vacant, and under circumstances of the most painful and awful
description. On the sth of November last Miss K., sister of
the minister of the pariah, who resided in the manse and super-
intended the domestic establishment, was suddenly taken ill
while playing the pianoforte. Her brother was absent, assisting
to dispense the sacrament in another place, but aid was imme-
diately procured. The young lady's illness • continued to in-
crease, and at length (to the grief and astonishment of those
present, who never once suspected her condition,) she was de-
livered of a child. She made no preparatiotifor;t he event, and
she
refused to give any information as to the paternity of the
infant. About ten days passed over, when the minister disap-
peared, leaving his church and flock. No person knew whither
he had gone, but in a short time the Moderator of the Presby-
tery received a letter from him, written from Aberdeen, acknow-
ledging an incestuous connexion, and 'resigning his living. The
effect of such intelligence on the virtuous and religious inhabi-
tants of that district we shall not attempt to describe. The un-
fortunate female who had participated in the unnatural guilt of
her brother was pursued to the west coast, whither she had fled,
was apprehended, and brought last week to Dingwall. Fruits
the latter place she was conveyed in a chaise, accompanied by
an officer and female attendant, to Tain ; but while the tmin
left the vehicle for a few moments to wait upon the sherd with
an account of her apprehension, or receive fresh instructions,
the offender and her attendant alighted from the chaise and es 7
caped. We know not whether they have been closely pars
but we sincerely trust that they will elude detection, and oedthus
prevent a trial which would he fraught hbn uch sorrow!
nemver to cnired
shame, and disgrace. A similar case, perhawitps,
before in the annals of-the Church of Scotland, so long and so
justly famed for its purity and vigilance, and we can only trust
ourselves to repeat the words of the., apostle, " Let him that
staudeth take heed lest he fall."—lnverness Courier. •

MELANCHOLY SHIPWRECK.
SEVENTY-SIX PER AnsiS DizovrNitD.

,

(From the'New York Daily Exprest, November 235) ,fs
We mentioned, iu the express of yesterday, the shipwreck
the ship Bristol, Captain Mlioun, from Liverpool, 'on Far
Rockaway. We have new to state, that this has been the 'nose
appalling disaster that has occurred en our ,eoaat.since the
shipwreck of the British sloop of war at Sumba:ninon,. Lonst
Island, during the war, Ave believe in 1813, when WS persons
perished. The loss of the Bristol is Most neart-tending.. ' The
ship is off Sandy Hoek, at 9 p.m. on Sunday night, with her
lanterns out as a signaller a pilot, at which time the.gale had
just commenced. No pilots, however, were out, and the ship
had to stand off; at *a' quarter before four, a.m. on Monday
morning, the ship struck on Far Rockaway, and, distressing to
relate, at day-light, although-within half a mile of the share, no
relief could he afforded to the distressed passengers and crew
who were clinging to the shrouds. All day they remained in
this situation, the surf being so high that none- could approach
her. At about eleven o'clOck, p.m. the sea abated and boats
went to her relief, and succeeded in taking off the captain and
a portion off the crew, and some of the caoin and steerage pas-
sengers. We are, however, distressed to state, that two sea-
men, the cook and steward, with a Mr. Donnelly, two Meisrs:
Carltons, cabin passengers, tend about sixty steerage passen-
gers perished. All were rescued that remained on the wreck
when the boats reached her ; but during thii day the ship went
to pieces, and yesterday morning the stern-posi only was left.
In connexion with this loss of life, the American calls public
attention to the fact, that it was occasioned by the negligence of
the pilots, who, on account of the Monopoly they enjoy, are 'not
attentive to the performance of their duties. " here was, (sayi
the American,) a ship within five miles of her port, and makiug
every exertion to procure a pilot, and yet. no pilot was to be
had, and the gale coining on, caught her so much in shore that
it watt impossible to claw off, and the result was, her destruction,
and that of many human lives, we fear:"
(From the Daily!Exprers of Noe. 24.)
We are at length enabled to state, with some degree of cer-
tainty, the number of lives lost and saved on' board the Bristol.
So far as we can learn, forty persons only are saved and more
than sixty lost. Several bodies came on shore, and were
buried yesterday and during the night previous. The spars and
upper decks are entirely gone, and the beach is strewed with
fragments.
The heavy part of the cargo keeps the buttons of the ship
stationary on the outer bar: efforts will be made to recover part
df the iron, copper, &c. A few packages of dry goods and
crates, and 20 puncheons of whiskey had washed ashore, and
would be sent round to the city.
The American, of last evening, gives'us the following particu-
lars of the disaster. The pirates alluded to upon the shores of
Rockaway deserve a worse fate than that which hiss befallen
the unfortunate beings who have lost their lives and their all:
" Among the passengers lust was Mr. Donnelly, the son-in;
law of the late Michael Hogan, of this city, and he (lied a victim
to his own philanthropy. Mrs. Hogan and, two daughters, her
nurse and children, were saved, and, with other women and
children, landed by the first boat. Twice the heats returned to
the wreck, acid twice Mr. Donnelly yielded his place to others.
In the third attempt to go off, the boats were swamped, and the
crew became discouraged, and would not go back. Meantime
the storm increased, and Mr. Donnelly, with the two Mr. Carl-.
tons took to the foremast, where the crew and many of the
steerage passengers had sought temporary sarc•:y. Unhappily
this mast seen went by the board, and, of about 20 persons on
it, one only, Mr. Briscoe a cabin passenger, was saved, and be
catching a{ the bowsprit rigging, from whenee he was taken by the
boats. The captain and other cabin and steerage passengers
were on the mizenmast, and when that fell, he and others lashed
themselves to the taffrail, where fur four hours the sea bro's:e
over them.
" Some twenty of the steerage passengers, principally women
and children, perished almost immediately atter the ship struck-
Even before they could leave their berths the ship bilged, filled;
and all below were drowned. Not a groan was heard to denote
the catastrophe, so awfully sudden was it.
" And to those dhow the waves and the mercy of God had'
spared, what was the conduct of their brother man? Their
persons, their trunks, were searched and robbed by the fiends
that gathered around the wreck. One hapless being, thrown'
senseless hut yet alive, on the shore, and haying about him his
all (ten soveteigns) was plundered of them !
" Among other things, Mrs Donnelly was robbed of a value:
able case of jewellery, some of which were publicly paraded, as
we are told, by an individual who can be traced."
ONE OF THE SUFFERERS.—Yesterday afternoon, one of the
unfortunate passengers of the ship Biistol was picked up on
Long Island, almost in a state of nudity. He was taken to the
Alms-house, where it was found be was both deaf and dumb.'
He hid four sovereigns and some English silver coin in his
possession.