The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-06-07 00:00:00

COMMERCIAL INTELLIGENCE.

MONEY MARKET, \EW "YORK, May 24.—There were
moderate sales at the Stock-board, with little or no varia-
tion in price. The money market is becoming somewhat
easier every day. Loans on call 6 per cent. Foreign ex-
change is firm, with a moderate business doing. London,
lon to no; Paris. 5.124 to 5.1 n; Amsterdam, 41 to
414 ; Frankfort, 404 to 41 ; Bremen, 79 to 791 ; Ham-
burg, 364 to 364; Antwerp, 5.15 to 5.104.
Corrox.—(From W. P. Wright's Circular, of May
24.)—Since my circular of the 18th inst., we have received
Liverpool dates to the 7th inst., per Africa. The cotton
market there was firmer, and, in some cases, 1-16 d. per
lb. higher than on the Atlantic's departure on the 4th
inst. This news was not equal to the expectations of
holders of cotton in this city, who had generally expected
an advance of id. to 4d., and as many had been holding
for some weeks past in anticipation of better prices, some
of them, under the disappointment, offered their stocks
rather freely on Friday and Saturday last, and submitted
to a reduction of 4c. to 4c. per lb. in middling and good
middling qualities, while on the lower grades a greater
decline must be taken in order to effect sales; this ap-
plies more particularly to upland cotton, as being in
greater abundance. Orleans and Mobile, of good staple
and clean, are scarce, and are not offered lower. Yester-
day the business was only to a moderate extent, and
without further change in price ; buyers do not show any
spirit, and holdersare desirous of lessening their stock some-
what. The excess in receipts now amounts to 249,000 bales.
The increase in exports to Great Britain is 67,000 ; France
7,000 ; other foreign ports, 2,000. Total increase in ex-
ports, 76,000 bales. The decline in the excess of receipts
this week is greater than was expected, and now stands at
249.000 bales. Next week some further slight reduction
may occur. The total last year at Charleston and Sa-
vannah was 11,500 bales, and it may not be reached
during the present week. The excess in export to Great
Britain is down to 67,000 bales, as compared with last
year. The number of vessels at present loading for Great
Britain is 70; last year, 81 ; year before, 90. To France
the export exceeds that of last year to date, 7,000 bales.
BREADSTUFFS.—The tone of the flour market latterly
has been much depressed, and there is a disposition on
the part of the trade to meet the foreign demand, without,
however, leading to any extensive transactions. Prices
are 64c. to 121 c. per barrel below the quotations of this
day week. Wheat, with the exception of prime Genesse,
which is wanted for milling, is rather easier to buy. In-
dian corn dull, at a small decline from last week's prices.
PROVISIONS.—Pork is dull. The market is well sup-
plied with beef, and prices are heavy. Lard sells freely,
at 91c. to 10c. for barrels.

FREIGHTS.—To Europe freights are dull. To Liver-
pool, for cotton, id. to 9-32 d. per lb. ; flour, Is. 9d. to
2s. per barrel; grain, in bulk, sd. to 51d. per bushel. To
London, flour, is. 91. to 2s. per barrel. To Havre,
cotton, ic. per lb. -

NEW ORLEANS, May 21.—The receipts for the week
are 13,500 bales. Excess at this port 239,000 bales;
excess at all the ports, by table of this date, 258,000
hales. Sales for the week 20,000 bales, closing firmly at
9/c. to 10c. for middling. Stock 169,000 bales. May 23.
There is a better feeling to-day, and middlings are selling
at 10c. to lne. per lb. The accounts per Africa are con-
strued as favourable.

MOBILE, May 20.—Sales for the week 7,000 bales.
Receipts for the week 1,000 bales. Exports 1,600 bales.
Stock 36,000 bales. Middling cotton closing at 9io.
Freight to Liverpool, 7-16 d per lb.

SAN FRANCISCO, April 29.—There has been moderate
activity in general business since our last weekly reference
to the market, but without much deviation from the
prices then ruling. The number of arrivals from sea
during the week has been twenty-eight, of which one was
from Boston, two from "Valparaiso, two from China, one
from Australia, one from Sandwich Islands, one from
Liverpool, three from other foreign ports, and seventeen
from Oregon and domestic coast ports. There has been
a fair jobbing business done for the local and interior
trades. The money market was very tight.

THE IRISH MEMBERS OF THE MINISTRY.

The following is a copy of the correspondence which
has taken place between Mr. Mouse'', on the part of
himself and his Romanist colleagues in the ministry, and
the Earl of Aberdeen, on the subject of Lord John Rus-
sell's speech on the motion for an Irish Church Revenue
Appropriation Bill :

MR. MONSELL TO LORD ABERDEEN

25, Chapel street, Grosvenor-square, Jnne 2.
Lord,—l was not present in the House of Commons
on Tuesday night, and only learned from the newspapers
what had passed in the debate.
It appears that in the course of a discussion upon the
ecclesiastical revenues of Ireland, Lord John Russell,
who is the organ of the Government in the House of
Commons, spoke of the Roman Catholic Church in a
manner which could not fail to be most offensive to the
members of that communion. His Lordebip described,
not individual members of the Roman Catholic Church,
but that church itself, " under the direction of its head,"
as hostile to free institutions and disloyal to civil govern-
ments, and, therefore, the qualification which his Lord-
ship added to his censure could not apply to any who,
like myself, are in deep and thorough unity of sentiment
and spirit with that church and its head.
No other Minister expressed dissent from the opinions
of his Lordship ; they have, therefore, gone forth as the
opinions of the Government, and of a Government pub-
licly professing such opinions I cannot with honour re-
main a member.

Of the votes given upon the question before the House
I do not complain ; but sentiments so thoroughly hostile
to the civil equality of the communion to which I belong
I cannot pass by.
Acknowledging, therefore, as I am on many accounts
bound to do, the great and consistent liberality of your
Lordship, and of many members of your Government,
and the great personal kindness which I have received at
your hands and theirs, I beg respectfully to tender my
resignation of the office which your Lordship has hitherto
thought me worthy to fill.
I am, my Lord, your obliged and faithful servant,
WILLIAM NIONSELL.
To the Earl of Aberdeen.

LORD ABERDEEN TO MR. MONSELL.

Downing.sreet, June 3,.1853

My Dear Sir,—lt is with great concern that I have re-
ceived your letter, in which you tender your resignation,
in consequence of the proceedings which took place in
the House of Commons on Tuesday last.
I have to inform you that while the vote on that occasion
had the sanction of the Government, the reasons for that
vote given by Lord John Russell, and the sentiments of
which you complain are not shared by me nor by any of my
colleagues. I wish this to be distinctly understood, as I might
be justly charged with a departure from those feelings
which, both in and out of office. I have held, and still
hold, with regard to the Roman Catholic body, and the
open avowal of which had appeared to several Roman
Catholic gentlemen to justify them in accepting office
under the Government.

Words spoken in the heat of debate are liable to be
misapprehended, and Lord John Russell desires me state
that he did not want to impute want of loyalty to the
Roman Catholics, and that he expressly said that political
and social equality ought to be maintained.
I have made a similar communication to Mr. Kecgh
and Mr. Sadleir ; and, after the explanation, I confidently
trust that you will not persevere in an intention which
would be to me the cause of sincere regret.—l have the
honour to be, my dear Sir, very truly yours,
W. Monbell, Esq. ABERDEEN.

MR. MONSELL TO LORD ABERDEEN.

25, Chapel-street, Grosvenor-square, June 4.
My Lord,—l beg to to acknowledge, with many thanks,
the receipt of your Lordship's letter.
That letter puts it beyond doubt that the basis upon
which I accepted office remains unshaken, and that the
sentiments of which I complained are not those of your
Lordship's Government.
It is, indeed, deeply to be lamented that a circumstance
should have occurred which required so imperatively the
reassertion by your Lordship of the principles which you
have so long professed ; and I cannot conceal from myself
that even the frank and generous consistency with which
your Lordship has met the occasion may prove insufficient
in some quarters to allay apprehensions which have been
excited. '

With me, however, it is otherwise. I have trusted, and
I do trust, that your Lordship, as a highminded states-
man, resolved to deal justly and liberally with a religious
communion which has long suffered from opposite treat-
ment; and henceforth, unless I shall learn from your own
lips, or from formal acts, that the policy of the Govern-
ment is changed, I shall accept every fresh difficulty
which attends its course as a fresh reason for offering to
your Lordship a continuance of the services, humble as
they are, which I am capable of rendering.
Under these circumstances, I can have no hesitation in
acceding to your Lordship's wishes, by withdrawing my
resignation.—l am, my Lord, your faithful and obliged
servant,
To the Earl of Aberdeen. W. MONS ELL.

Strand,
CLOoIIZInS PHILLIPS, while crossing the
roc): Tuesday,Eß
cab,
FEARFUL but fortunately
EXPLOSIONs sustained a iAnNeoDdc
occurred
rnienidjout rnsy.
:AchcotuDEN.TnS.G-0n
Wednesday, an explosion
Queen-street, Westminster, which was attesendled Great
serious, if not. fatal, injuries, to one of the Coldstreamwt
guards and his wife. The house was let out in lodgings,
and Eliza Dye, the wife of one of the Coldstream guards
was engaged to cloan the place. For the last day or twoti
strong smell of gas has been experienced by the inmates,
but no one could tell whence it came, especially as no
gas was laid on in the building. On Wednesday after-
noon, Robert Dye, the husband of the woman, called to
see her, preparatory to his return to the barracks at
Kensington. Whilst there, the soldier and his wife went
into the coal cellar in front of the kitchen, and under the
pavement, when an explosion took place, which blew
the stone flags up in the street, set fire to both man and
woman, and forced them a considerable distance. Their
screams brou.:ht assistance, and several persons rushed
down stairs and rescued them, and having extinguished
the flames about their apparel, they were found to be so
fearfully injured that they were at once removed to West-
minster Hospital. It is at present impossible to tell
whether they can recover. An escape of gas from the
mains in the street having accumulated in the cellar has
been found to have been the cause of the disaster.