The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-08-30 00:00:00

COMMERCIAL 4. MONETARY NEWS.

Saltpetre sold at 255. 6d. (91 per cent.) ; 120 bags
Sago Flour, at 21s. per cwt., with 30 tons to ar-
rive at the same price, and 35 tons St. Domingo
Logwood, at £5 7s. 6d. to £5 10s. per ton.
.

MONDAY NIGHT

ALTHOUGH the general impression prevails that
all apprehension as to the breaking out of hostili-
ties in the East is at an end, the delay in arriving

WooL.—A fair amount of business doing at
about previous rates ; a parcel of 500 ballots
washed Peruvian Sheep's, medium quality, found
a market at 13d. to 131 d. The present stock con-
sists of better sorts, which does not command so
much attention ; a sale of clean Scopia is reported
at 111 d. There is now very little of the better
description of Turkq offering, while inferior and
long coarse Bosnia is neglected for the moment.
There is still a good demand for Fleece Wools,
and for most kinds prices are slightly in favour of
the seller. D oskey Wool is in fair request at
104 d. per lb., and good White Egyptian sells freely
at 12?,:d. to 13d. per lb. Goats' Wool has been
operated in to a fair extent at 26d. to 27d. per lb.
Stocks on hand of nearly all descriptions are now
pretty large, and principally held for next public
sales, which are expected to come off the second
week in September. Imports, 2,041 bales, viz. :-
320 Mediterranean Ports, 620 Portugal, 158 Pe-
rmian, 298 Iceland, 12 Buenos Ayres, 553 Scotch,
47 Irish, 24 Coastwise, and 9 Sundries.
METALS.--The Iron trade has experienced un-
wonted activity, owing to the orders which had
been withheld pouring in faster than the manufac-
turers could supply them, A similar improvement
has not, however, taken place in pigs. Tin has
been scarce, and has, consequently, advanced in
value. In Copper there has been no change.

general

Ind the fluctuation

inaction in monetar

he cheerfully ac

the d,

ties h

been very

body, but

pith a slight tendency in favour of an

pram'
ad part

This u

to operate has been

ported 1

also influenced to a considerable degree by the
unsatisfactory state of the Foreign Exchanges, and
the continued drain upon the resources of the Bank
of England. It appears that, notwithstanding the
recent large purchases of Wheat on French ac-
count, the balance of trade with France is still
against this country, and large exports of bullion
are being made to other parts of the Continent,
in order to provide against the anticipated defi-
ciency in our supplies of food, of home growth ;
and this demand proving more than the large re-
ceipts of gold from Australia can supply, a very
uneasy feeling has been produced. The demand
for commercial purposes has not, however, been
to any inconvenient extent, and confidence in com-
mercial security has not, therefore, been disturbed,
a result attributable to the healthy nature of
almost all mercantile operations, and the absence
of any undue speculation.

of its pro
the provisions of that enactment by licensing a

Arc' of trac

A general inactivity seems to pervade commer-
cial transactions, owing to the uncertainty which
prevails both as to political and monetary affairs.
Holders are not willing to sacrifice in the face of a
probable rise in prices, and an easier money market
for discounts, while speculators are disinclined to
operate largely, with the possibility of a fall, owing
to the protracted settlement of the Eastern ques-
tion, and the continuance of the drain upon our
stock of specie.
The same inactivity prevails in our manufac-
turing districts, which are affected by similar
causes, with the exception of the trade in mil-
linery and light goods in Leicester and Notting-
ham, the demand for which is still brisk.

LIVERPOOL CHAMBER OF

CO.ZiIMER GE:

Tlir, half-yearly meeting of the Liverpool Chamber of
Commerce was held yesterday, in the Exchange-buildings.
The chair was occupied by F. Shand, Esq., president.
Among those present at the meeting, which was not a
numeous one; we observed W. Brown, Esq, M.P. ; T. B.
Horsfall, Esq., M.P.; Thomas Bouch, Esq. ; Francis
Boult, Esq. Charles Holland, Esq.; Edward Heath, Esq. ;
T. B. Forwood, Esq., &c.

The CILAIRMAS commenced by expressing' his regret
at the smallness of the meeting, more especially so, as it
had been the• fortune of his predecessors in office to
communicate an account of the difficulties encountered
by the chamber,- and the • efforts made to alleviate
them. In the report which the council had now
to present, would be seen the benefits which had
resulted from those labours which had been so often com-
mented on there; The- merit of having effected these
improvements, however,- was not due to him, but to Mr.
Bench, the vice-president, and the council ; and also to
the exertions of Mr. Brown, 3LP. for South Lancashire;
and of Mr. Horsfalt- M.P. for the borough. The latter
gentleman, he might be permitted to remark, was a very
early member of the chamber, and its first president, and
from his valuable aid the body had derived the greatest
possible assistance. The report,it would be found, alluded
m detail to certain redUctions of duties, some of which,
constituting a portion ofthe budget of the present Chan-

The recent alteration in the Customs' duties, by
which rates have been substituted for ad valorem
duties, has already led to some modifications.
Twilled handkerchiefs, known in the trade as China
silk handkerchiefs, have been ordered to be deemed
Pongees, and charged with duty accordingly. An
order has also been made, that in cases where
foreign goods are imported with the name of any
English firm upon them, the practice hitherto
pursued of stopping such goods shall be continued,
except where they are imported by the firm whose
names they bear..

We are still without any new feature in our
SHARE: MARKET ; the same languor, flatness, and
inactivity prevail. The amount of real business,
done each day is extremely small, and with the
exception of Eastern Counties Shares, which hate
advanced 10s. per share, the prices of all shares
continue to decline. London and North-Western
is heavy at 111, Midland at 71,. Leeds at 75, or
thereabouts, and in the present dulness, even at
these prices, it would be a matter of difficulty to
sell a large lot. The local stocks are very steady
and inclined to advance, especially Bank and
Insurance Shares. We add this day's prices :
Caledonians, 33-1- 8 - East. Lancashire,- 18 ; Lan-
cashire and Yorkshire, 751 ; West Riding
Union, 3d ; Liverpool, Crosby and. Southport, 171 ;
London Stock, 111 • Midland Stock, 71f 8 ; Dover
Stock, 21-k 1 ; Bank of Liverpool, 22 ; North
and South Wales, 51 ; Union, 1218.
The return from the Bank. of England for the
week ending the 20th of August gives the following
results, when compared with the previous week
Public deposits ... £4,063,046; Increase £747,654
Other deposits ... 11,623,583; Decrease 566,437
Rest ... 3,351,848; Increase. 7,622
On the other side of the account—
Government securities M 3,027,582,1, the same as before.
Other securities ... 13,876,950; Increase 265,229

cellor of the Exchequer, it was reasonable to believe that
representations from this chamber had been instrumental
in causing the adoption of. He would not, he said, longer
take up the time of the meeting, but concluded by milling
on the secretary to read the following report :
REPORT. _ _

The following is a concise enumeration of the principal
subjects upon which your Council have taken action during
the past half-year !

CUSTOM-HOUSE SYSTEM.
The Council have now the pleasure of reporting that the
bills; founded on the recommendation of the select committee
of the House of Commons, for the consolidation of all the
Customs' acts, have at length been introduced by the govern-
ment and been passed. They were examined in detail by the
special committee of this chamber; and it is gratifying to
your directors to say that, with but two or three exceptions,
all tlie requirements named in the resolutions, passed two
years ago. have been provided for. As a special report has
been presented to the Council, giving the particulars of the
changes-at length, it is thought unnecessary to recapitulate
them here, as that report is open to the members for reference.

COMMERCIAL LAW REFORM:•
Since the last report your C,ouncikacting on_tbe sugzestiop

of the special committee on this subject, decided upiin hold-
ing a conference of deputations from the principal commercial
towns in the kingdom, which took place in April last, when
petitions-to both Houses of Parliament were agreed to, and
subsequently presented ; that to e House of Lords by the
Earl of Harrowby, and that to the COmmous by Mr.

hey Smi

prayer,

ifOisfal, M.P.
The special .committee, in following, this matter up, will
seek to obtain the appointment of a committee of inquiry, or
that the petitions should be referred to one of the royal com-
missions lately issued, or about to issue, upon the commer-
cial laws of this country, when they will be prepared to sup-
port their case by evidence.
EXCISE DUTY ON SOAP. ; REDUCTION Or TITE.DUTY ON TEA ;

Notes unemployed ... 7,644,880; Decrease 218,345
The amount of notes in circulation is £23,002,810,
being a decrease of £97,205 and the stock of
bullion in both departments is £17,171,793, showing
a decrease of £137,781, when compared with the
preceding return.

MODIFICATION OF THE STAMPHUT3ES.
The Budget of the Chancellor of the Exchequer has provided
for the above subjects, which your Council have advocated,
and which have been referred to in previous reports.

DECIMAL CURRENCY.
The Council have to report that the plan suggested by them
for carrying out this system has been adopted by the special
committee of the House of Commons.
SHIPS' MORTGAGES.
The late decision of the Attorney-General, ordering that
Mortgages on Sbips should be carried forward on to the new
registers, was referred to at the last general meeting of the
Chamber, and a special committee appointed thereon. No
steps have been taken as yet, in the hope that bills are about
to be introduced by Government which will provide for this
question. EAST INDIA AVVAllittl.
A special committee was appointed on this subject, and a
member of the Council accompanied a depution to the Pre-
sident of the Board of Control, relative to certain points in
reference to the new Charter of the East India Company ; but
your Council regret to say, that but few of the points urged
upon Sir Charles Wood have found places In•the Government
of
PILOTAZE BILL, AND MERCHANT SHIVPING BILL.
These were referred to a special committee ; but, owing to
the shortness of time, only a general opinion-could be expressed
upon them. RUSSIA COMPANY AND soma:, Dugs.
The Council have repeated their efforts by representations
to the Board of Trade and the Foreign-office, to procure the
abolition of these taxes on commerce, and they are assured
that they will receive the best attention of the Government.
SIAM AND THE EASTERN ARCHIPELAGO.
A memorial has been forwarded to the Earl of Clarendon,
asking the countenance of the Government for the extension
and improvement of our commercial relations with Siam and
of Peruvian guano has been a subject of
the countries of the Eastern Archipelago._
PERUVIAN GUANO..
a special committee, who are still engaged
upon it. POSTAL ARRANGEMEaTs.
The Postal Committee still continue to direct their atten-
tion to matters within their functions. They have made re-
presentations to Government on the subject of the irregular
manner in which the West India mail service was conducted;
also as to the importance of a regular. and speedy postal com-
munication with Australia, recommending the route via Suez
And theythe dhealvi
veetroy reefpol
letters
thatera b
et htbere morningth the
eI
smeaei
of
SURVEY CERTIFICATES.
hiseurendeetrhcaointspideesrtarthiorneebpyanth.e,
and Ceylon or Sinngeawporreee :etvthedis
subject was made at the last annual
Admiralty.
Underwriters' Association, new order
gwiivtehn by that body, requiring the surveyors to
meeting ; and your Council have now to report that, eter
suitable books, all particulars regarding the state
her dunnage and stowage, which must constitute
hcrooeeefanytheferetifs,eiltneiningp
the basis of their certificate of stowage ; and that such certi-
ficate shall express the surveyor's opinion as to the party
liable for any d_alnage-

COMBINATION OE OPERATIVE PORTERS.
The late strike among the dock and cotton porters was
subject which received the anxious attention of your Council;
and although they had many difficulties to contend with, they
are happy to say that the inconveniences occasioned by the
strike were only of a temporary character, and that the
porters were induced to return to their work upon the former
terms. It is believed; however, bat the association which
originated the strike, is still in existence.
A bill was introduced into and passed the House of Com-
mons, having for its object the legalizing of such combina-
tions among workmen; and which, if carried, would have had
a serious effect upon employers. But your Council com-
municated with Lord Harrowby on the subject, anti they are
glad 'to say that the measure was thrown out in the House of
Lords.
ASSOCIATION OF THE MEMBERS OF THE CORN TRADE.
Your Council are happy to perceive the• formation of this
body, which is a point referred to in a previous report, and is
in conformity with the recommendation of a special commit-
tee of the chamber, appointed to consider the subject.
Your directors have now only tO repeat that they continue
to receive most valuable assistance from the Earl of Harrow by
and the members of parliament for the southern division of
the county and the borough in all matters connected with the
chamber ; and they cannot close their report without placing
on record their high' sense of the very important services ren-
dered by those gentlemen.

Mr. BROWN, M.P., after stating that he had always
taken a deep interest in the commercial affairs of Liver-
pool, proceeded to say, that the exertions of the Chamber
of Commerce, led on by the judgment of Mr. Bouch,
whose services could not be over-estimated, had been
greatly instrumental in forwarding commercial improve-
ments. The London merchants, he said, although desi-
rous of effecting various improvements, yet not being
fully aware of the peculiarity of position occupied by the
merchants of Liverpool, were hardly prepared to co-operate
fully in their views. The Chamber, however, had been
able to satisfy them, and conjointly they had effected se-
veral improvements, all of which were alluded to in the
report. In reference to a decimal coinage, he stated, that
he, along with others, members of the Chamber, had,
as a deputation, waited on the Chancellor of the
Exchequer, who expressed himself in general terms
favourable to the proposal, and a select committee
had been appointed to consider of the subject ; Mr. Glad-
stone
had, however, objected, that it would be pushing for
too much at once if they urged the decimal notation as to
weights and measures, and the deputation considered it
right not to press the point. From an article which he
had seen in the Economist, he was inclined to think
that government was inclined to give way on the subject,
and as there was good reason to believe, they might be
operated on by a pressure from without he might take
the liberty of suggesting and of expressing his hope that
the public Press would take up the subject, and urge it
seriously and strongly on the consideration• of the govern-
meat. Lord Canning, with whom he-had had an inter-
view on the subject of a reduced uniform rate of Colonial
postage, had signified his general approbation of such
a measure ; some progress had, therefore, it might be as-
sumed, been made, but still he feared the penny rate was
a remote contingency, although he believed Government
was disposed to try a uniform sixpenny. rate, so soon as
the difficulties by which its adoption is beset should have
been removed. The value of opinions expressed by this
Chamber were now, he said, beginning to be widely felt,
• and it was difficult to suppose that the mercantile influence
of such a body could be exerted in vain. Through the ex-
ercise of that influence so much good had been effected
during the last session as to call fora vigilant exercise of
it still further. Much, no doubt, had been done, and the
way had been cleared to a great extent, still much remained
to be done. In conclusion, he moved that the report be

which the governmc
years. He might be somewhat t
endeavour to be explicit, being ri
the philosopher—" Thy plainnel
eloquence." He wished them to

and, mark—" I speak as
say." The principle tl
Ireland had laid down

adopted.
Mr. HOBSPALL, M.P., said he felt much pleasure in
seconding the motion of his honourable friend, Mr. Brown ;
and, in doing so, he congratulated the chamber on the
advancement of the.principles advocated by its members.
There were three subjects on which, he said, the improve-
ments had been peculiarly gratifying. The first was the
customs' reform ; second, the abatement of the duty on
tea ; and, third, the abolitibn of the soap duties. These
important questions had all been considered or settled in
a satisfactory manner. When he called to memory the
customs' reform, he could not avoid thinking of the way
in which they were met by a late chnirnan4 of the euk

word
no, hid

Of educ,atio:

Having

THE LIVERPOOL STANDARD, AND GENERAL COMMERCIAL ADVERTISER.

toms' board. Then the proposal was met by obstacles
and impediments ; now the chairman and the deputy-
chairman, and the members of her Majesty's government,
had done all in their power to meet the views of the cham-
ber. He begged to correct one misstatement as to his
views. It had been stated that he (Mr. Horsfall) cordially
supported the views expressed by the shipowners' associa-
tion as those were represented by Mr. Palmer. This he
did not do, but, as member for the borough of Liverpool,
that

if it had passed, a large portion of the shipowners
would have been disfranchised. The customs reform, so
far as he could see, was efficient and satisfactory. He
could not say the same for the merchant seaman's bill and
the pilotage bill. In reference to the latter bill, he took
the liberty of suggesting a clause for altering its provi-
sions. Failing in being able to effect that, he had sug-
gested the necessity of postponing the bill, and he wished
Mr. Cardwell had acceded to that postponement. The'
bill bud been introduced in April, and after numerroUs
postponements it was hurried through the house at the
close of the session, when there was no time•to consider

should follow out

lots the

captains of foreign-going vessels from this port, con-
sidering the nature of the channel and the shifting
banks, much loss of property must ensue. As to
the ipping bill, he had endeavoured to effect the
introduction of a clause for preventing the
~officers

in her Majesty's service from taking seamen out of a mer-
chant ship while at sea, who had engaged for the whole
voyage. In this, however, he had been defeated. The
working of this enactment he might illustrate .by a letter
just put into his hand, in which the captain of a vessel
bound from Bahia, says :—" Her Majesty's ship Express
has taken two of my men, in spite of my protesting against
the proceeding ; " and that at a time when sickness pre-
vailed in the ship referred to. He next proceeded to state
in detail several important services Mr. Brown had been
mainly instrumental in rendering, but which he said that
gentleman's modesty had prevented him from mentioning.
He concluded by seconding the resolution.
Mr. Borcnt, in a lengthened address, gave minute expla-
nations, and entered into the details of most of the matters
alluded to in the report, after which the motion was put
from the chair, and unanimously carried.

Mr. HOLLAND, in reference to the progress made in
prosecuting the subject of commercial law reform, con-
gratulated the Chamber on the fact that public attention
was now thoroughly aroused to its value and importance.
No doubt difficulties had arisen in the attempts made to
carry out that desirable object, but he considered these
to be mere matters of detail which might be obviated in
the progress of the discussions to which consideration of
the subject would necessarily lead.
Mr BOULT directed attention to the subject of the Sound
Dues,which he said was a species of plunder to which British
shipping was subjected without receiving the slightest
benefit in return. The amount thus exacted, he stated,
reached the large sum of £300,000 per annum, and it was
still on the increase in an arbitrary manner.

Mr. HEATH explained that ft had been intended to
submit a report on the subject of ship survey certificates,
the Committe had not, however, been able to mature the
proposition. It must, therefore, stand over.
Mr. Boucz wished it to be understood that the opinion
of the Chamber was not favourable to the. present system
of survey certificates. •
The CHAIRMAN moved the thanks of the meeting to
the hon. member for South Lancashire, and also to the
hon, member for the borough of Liverpool, for their very
efficient services.

The motion was seconded by Mr. Bouch, and carried
iy acclamation.
3fr. Baowx and Mr. HonsrAux severally returned
;hanks:

Mr. Bnowx, seconded by Mr. HonsrALL, moved the
hanks of the meeting to the Chairman ; which having
)een_ carried and duly acknowledged, the meeting broke

CHURCH EDUCATION SOCIETY FOR
IRELAND.

THE annual meeting of this society was held last night
in the Collegiate Institution, Thomas Berry Horsfall, Esq.,
M.P., in the- chair. A considerable number of the local
clergy were present on the platform, including Dr. M`Neile
and several others. The Right Hon. Joseph Napier,
M.P. for the University of Dublin ; the Yen. the Arch-

deacon of "Waterford, the Rev
and the Rev: James Smith, rector of Strabane, attended
as a deputation. The meeting having beemopeued with

- The -CnairataN, who was received with applause, com-
menced by remarking, that the object of their present
meeting was, to assist, through the medium of the Church
Education Society, in giving a sound scriptural, education
to the people of Ireland—an education in accordance with
the doctrines, and, as far as possible, with the discipline
of our National Church, and it had always appeared to
him as the most striking test of the Scriptural character
of the United Church of England and Ireland, that she
had ever been ready to place in the hands of those whom
she undertook: to educate the entire, unmutilated word
of God, leaving it to those whose doctrines would no
stand the test of Scripture to withhold it. (Cheers.t
They were sometimes, in the words of an old proverb)
not to help.. those who would not hell) them-,
selves ; but, with reference to the society whose claims
they were now met to consider, he might observe, that
the proverb was not applicable to her ; for he found that
her funds during the last year amounted to 2,0,000.
Perhaps many might be disposed to believe, that the larger
portion of these funds was subscribed in this country, but
the fact was, that £35,000 had been subscribed in Ireland,and
only £5,000 in England; and he thought their friends
came before them with a good grace, and that the meeting
was now 'called upon not to help those who-would not
help themselves, but rather to help those who had helped
themselves (hear, hear). The next thing he would refer
to, was the number of children in the schools in con-
nection with, the society. The number of children
attending there • during last year was 105,000, 61,000 of
of whom were members of the Protestant church, 15,000
were the children of dissenters, and 28,000 were Roman
Catholics, a very satisfactory answer, he thought, to those
who said that the Roman Catholic laity of Ireland ob-
jected to sending their children to schools in which
the Scriptures were read (hear, hear). Now, turning
from this part of the subject, he would refer to the
report which had just been published by the Government
Education Society. He found, according to that report,
that the number of Protestant children who had attended
their schools during the past year was 24,684 ; Roman
Catholics,. 424,717; Presbyterians, 40,618; and yet we
were told, that grants were made in aid of the government
system of education because it was a mixed system, under
which. the children of all denominations were taught in
the same school. Now, if the report was the test, the
grant was in favour of the Church Education Schools
rather than in that of the government.. If, however, they
spoke of a mixed education as a mixed education of
truth and error, why then the grant was in favour of
the government system. Now, this government report
also named the relative number of teachers who were
trained under the government system, and from it he
found that 302 teachers were trained in the government
schools during the past year.. Well, the population of
Ireland was estimated at about 6;000,000, and he believed
he did not overstate the fact when he said that of this
number 2,000,000 were Protestants ; consequently, ac-
cording to the government system, the proportionate
number of these teachers should be 200 Roman Catholics
and 100 Protestants. But what was the fact ? The
report stated that, of the 302 teachers trained during
the year, seventeen were members of the Established
church, 43 were Presbyterians, 240 were Roman Catholics,,
and two were Dissenters; thus sheaving that, in addition
to educating 600 Roman Catholic priests in Maynooth, we
were annually educating 240 Roman Catholic teachers in
government schools. He merely named these facts because
he thought the meeting ought to be made aware of them.
He knew itwas saidthatthere was great difficulty in deciding
on a system of education for Ireland; but he was one of those
who thought there was no difficulty at all about it Those
who acted upon the principle of expediency, or the princi-
ple of policy as it was called, might find this difficulty,
but he could not see that the man who took his stand on
this, that the Word of God was to be the basis of all educa-
tion, could find any difficulty at all. (Hear, hear.) It
was not for him to take up their time by offering any
further remarks, but rather to listen to those gentlemen
who had been invited to attend and address the meeting ;
but he would say one word in favour of a bible education,
and he would appeal to those who wished to see the laws
of God and man respected in Ireland—to those he would
say, "If you do not make the bible the basis of our na-
tional education, how can you expect the ,bible to be the
basis of their national conduct ?" He would now call
upon the Right Hon. Joseph Napier, one of the members
of the University of Dublin, to address the meeting.
The Right Hon. JOBEPII NAPIER, M.P., in coming for-
ward to address the meeting, was received with loud cheer-
ing. He said he had some apology to offer for obtruding
himself on their attention that night, but it had been the
habit of his colleague and himself, every year, one of them
in Ireland, and the other in England, alternately, at the
annual meetings of the Church Education Society, to
attend and take part in the proceedings. It so occurred
this year that neither of them could attend in
either England or Ireland, and, consequently, he (Mr.
Napier) was asked, in London, whether he would do the
society the favour of attending a meeting in Liverpool,
and as they had time after time made an appeal to Govern-
ment and to Parliament without success, their last appeal
was now to public opinion in England, and therefore he
was desirous of setting their case fully before the people
of this country, because his experience of England told
him that the people of England were a just people—that
they loved fair play, and that, so far as they were con-
cerned, the Church Education Society for Ireland should
have fair play. His advocacy of the Church Education
Society was not a question of money. He did not come
before them asking their support for any local object.
Those present were, as Protestants, as much interested in
the question as he was, except in so far as he was bound
up with the most vital interests of his native country.
(Hear, hear, and cheers.) But the destinies of Ireland
were mixed up, under the providence of God, with the

de;tinies of niiland. All he wished was to have an oppor-
tunity of making,the meeting understand their case. They
desired it, because they had fought this battle for twenty
years. The right hon. gentleman then proceeded to
explain the position in which the education of the people
of Ireland was now placed, _ consequent upon the system

desome, but he would

'eminded of 'the remark of

nent system wa

It was provided th
read God's Word.
part of the question, the
luded to the introduction of the present goy.,
tern of education in Ireland, by which the Bible wa
pressed in the schools, and a compromise made on the
question of a Scriptural education, between th 9 govern-