The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-09-21 00:00:00

THE RAILWAY INTERESTS OF LANCASHIRE

TO THE EDITOR OP THE LIVERPOOL STANDARD.

would avail myself of the medium of your respect-
able journal, always the enlightened supporter of the enter-
prize and advancement of our stirring and. wealthy commu-
nity, to address the holders of property of the above description,
at this interesting epoch in their interests. It is unquestionable
that the great bulk of the shares of the leading and promising
lines of railway are held by Liverpool and Manchester and
their vicinities; the remainder may, perhaps, be divided be-
twixt the resident holders on the different lines, the public
generally in scattered directions, and the London. Stock Ex-
change, in the proportion of two-thirds or more to the former
parties, and one-third to the latter. This supposition is
grounded on good data. Thus the London jobbers, giving
them all the London portion, barely command one-eighth of
these shares, and yet the whole working of the market has
been hitherto controlled to their advantage. And how has
this been effected? Simply by their operations being always
co-operations, by which means, like the Irish Tail usurping
the lead, closer in analogy still, accustomed to the most un-
principled manoeuvring, whenever these gentry covet the
scrips held by honest men, then the depositories of panic are
opened, and when it has fairly bitten into its intended vic-
tims, then it is followed by a series of forced and largely fic-
titious sales bearing down the prices. " How rumour's thous-
and tongues do horn." The movement upwards has generally,
since the first rage, been left to these markets, which from the
conviction (borne out by daily triumphant realization) of the
immense value of these undertakings in every light, have a
constant and buoyaut tendency to improve so soon as the
night-mare is removed. The vampires of the Metropolitan
Stock Exchange boast their use of von, as their sponge tilling
you with shares at high prices, and squeezing them back at
low. How long brother shareholders shall we be the vic-
timized? It is my put-pose, Mr. Editor, with your permis-
sion, to lay open the secrets ot the prison-house, which I have
extraordinary facilities for doing —and suggest defences
against these mammon-worshippers, whether they attend the
shrine as " hears" or " bulls." An important era has now
arrived which mint greatly modify these proceedings, if not
give them during the next few months a confirmed opposite
tendency. The result of the opening of the London and
Birmingham and Southampton lines will so establish the
solidity and character of these great works, and of the calcu-
lations for other lines, formed by the successful completion
of these—calculations, too, grounded now upon the fullest
practical experience—I say the public mind will henceforth
be so sec-are against attacks upon the system, that it is a ques-
tion whether "the rare and delicate spirits" before named, will
not give up their labours for depression, buy up all they can
find people silly enough to sell, at whatever price, drop the
rough coat ot Bruin, and permanently mount the horns.
This change lam desirous to prepare you for. Hard efforts
have been made to depress prices during the last few months,
and yet there have been large buyers in London, (with, 1
rejoice to sav, few sellers, bona fide sellers, there or here)
and finding the futility of these efforts, we may daily look
for new tactics. Such being the condition of affairs, 1 could
wish to open your eyes to the advantages of our position, if
we only use it wisely. Relying upon powers of the squeeze,
large sales have been made for delivery within the next few
months, and the sellers have not one-twentieth of the shares
to deliver—and on scrutinizing the list of buyers and sellers,
the former being chiefly Lancashire holders, are touch more
able to take their shares than are the sellers to deliver, who
having sold on the chance run, have missed the tide fOr buy-
ing—it, in fact, being too strong against them. These facts
are notorious. Look back upon the extraordinary firmness of
Grand Junctions here, in face of the £lO. call paid on Mon-
day on the new half-shares, produced by the purchase of a
wealthy family of some 100 shares or so, and from this judge
of the effect that must ensue, on the value of the London and
Southampton lines, if you keep yours out of the market, and
every one who has bought for delivery and who can do it,
claims the shares as the full due. This, too supported by the
large demand from the public, which will far more than ab-
sorb those that may be refused, the sales could not be met
under an enormous rise, and yet still far within the real value
of the property. It rests with you to what extent your pro-
perty shall be improved, securing to you the well-earned re-
ward of your spirit and enterprize, and it rests with you
subsequently whether this improvement be permanent, to
effect which I will, next week, suggest to the proprietors of
the lines who hold most extensively here a course of defen-
sive proceedings. It is entirely in your power to make this
succeed. In the mean time let no man who can hold them
sell a share in the two great lines opening now, for the next
three months, if satisfied as the time progresses of the sound-
ness of such advice. The impression produced on the Lon-
don capitalists on Monday, by the development of the capa-
bilities and promises of the -Birmingham line, the traffic of
which already exceeded the most sanguine expectations, and
the returns of which, as its vast resources come to bear, are
incalculable; the confirmation of this impression which the
Southampton 40 miles will afford, the returns of which will
treble the estimates, while the cost per mile is under £24,000.
excepting the Eastern counties, the cheapest line out of Lon-
don while it commands the largest passenger traffic—this
mpression communicated over the length and breadth of the
.and—wait and see the result—until next week.
I am, Sir, yours, &c.
VT.

Liverpool, Sept. 19, 1838.

THE NEW SPIRIT lACENSES,

TO THE EDITOR OF THE LIVERPOOL STANDARD.
Sin,—l expected to have seen in your paper some remarks
On the manner new spirit licenses were granted a few days
ago. That oracle of truth, the Albion, says "The magistrates
only granted about forty licenses, and those in parts of the
town where they were much wanted." This is a most palpa-
ble falsehood of the Albion, for thirty at least have been
granted in streets where they were not a, all wanted; for
instance, Tithebarn-street, Scotland-road, Ainsdell-street,
Norfolk-street, King's Dock, &c., and, above all, at the east
side of the Salthouse Dock, where every other house is
licensed; in fact it is completely glutted with publicans;
and that is where a new license was granted, because, as the
Albion says, it was very much wanted. Within a stone's
throw of the warehouse where this license has been granted
to, there are not less than forty licensed victuallers. Surely,
Mr. Editor, this is not fair play. The Mayormust assuredly
know that there were no lack of publicans at the Salthouse
Dock, for he has been in the habit of passing by them three
or four times a-day for many years About the King's Dock
is also swarming with publicans, yet one has been added to
their. number. Bostock-street, top of New Scotland-road,

(a very densely populated street) vi-here there is not a spirit
license in the street, several applications were made, but all
denied. It is high time for the licensed victuallers to look
about them, and I hope and trust at the next municipal elec-
tion they will give their votes to gentlemen who would sup-
port their rights, and protect them from being robbed with
impunity. Perhaps, Mr. Editor, you would take the trouble
to enquire the manner these licenses have been granted, and
I think you would make such remarks as would put the old
licensed victuallers on their guard at the next election.
I am, sir, your's, &c.
A SUBSCRIBER.
Oldhall-street, Liverpool, `2oth Sept., 18.38.
[l'he subject of the above letter has not escaped our no-
tice. We shall not fail to remind the licensed victuallers of
the scurvy treatment which they have experienced at the
hands of the " liberals."—E. L. S.l

ZooLoGtcAr. GARDENS.—The last gala of the season at
his very fashionable place of popular resort, will take place
. .

on Monday evening next, wh'eus additional inducements to
claim public attention will be put forth. Mr. D'Ernst, the
celebrated pyrotechnist, is engaged to exhibit some novelties
in his fiery art; while in the illumination department consi-
derable additions will be made. To complete all, Vesuvius
will " labour, and with thunderings groan." We have no
doubt a very numerous company will be congregated.
LUNAR Bets.—This exceedingly rare phenomenon was
witnessed on Sunday evening between eight and nine o'clock
at Charleston, in Kent, bearing N.W. by W., stretching
across the horizon towards the nadir, obliquely bisecting the
milky way at an angle of 45 degrees.
We are sorry to learn, on application to-day, that the most
unfavourable accounts of the state of Lord Deerhurst were
received yesterday. His lordship was alive when the intel-
ligence left, but was trot expected to survive long, sinless an
immediate change intervened, which was improbable.—

Worcester Herald.
A young couple at Bar-le-Duc. who are always quarre'
ling in consequence, it must be admitted, of the drunkei
ness of the husband, recently fought a regular duel wit
sabres. The husband having been wounded in the swore
. .

arm by his better half, honour was satisfied, and a reconcili
ation ensued, but whether it will be durable, time must show

Buts Tor., SEPT. 17.—Betweeu 80 and 90 cases have been
called to-day, most of which were radical objections; the re-
sult was, that they only succeeded in expunging four, three of
whom were dead, and the fourth had received parochial re-
lief, while the settlement of two questions of law, respecting

freemen, in favour of the conseivatives, secures to them up
wards of 200 voles.

EMIGRATION TO AUSTRAL .—Several vessels have sailed
within the last three weeks for our settlements in the southern
hemisphere, with full cargoes of goods and a large number
of passengers. Several vessels are now loading for the same
quarter, and many of their berths are engaged. The South
Australian packet-ship Orleans, which is advertised to sail
to-morrow, will carry out nearly 250 passengers. Many of
the emigrants are capitalists, and some to a considerable ex-
tent.—Standard.

An absurd report having been industriously circulated tha
our valuable and much respected representative for the
Northern Division of Warwickshire, W. S. Dugdale, Esq.,
was about to retire from parliament on account of the deli-
cate state of his health, we are certain that our readers, ind
all true Conservatives, will be glad to learn that this report
is entirely unfounded, and that this stanch supporter of their
cause never, for one moment, entertained such an intention,
and is just returned from a tour in Scotland in excellent
health and spirits.—Coventry Standard.
OBJECTIONS TO BEGISTRATION.—It is said that Mr. Ro-
bert Frederick Lock, of Chelsea, is about to commence ac-
tions against the overseers of the Liberty of the Rolls, Chan-
cery-lane, and the parish of South Minories, for the recovery
of penalties of .£5OO, for their having neglected to affix to the
church doors the objections he had transmitted to them
against the insertion of the names of certain gentlemen on
the register, who had claimed to have their names registered
by the revising barristers as voters at the election of members
to serve in parliament for the county of Middlesex.
VAUXHALL GARDENS.—The Nassau balloon made another
ascent on Tuesday from these gardens, which were well at-
tended on the occasion. The coldness of the afternoon, how-
ever, prevented two or three gentlemen from taking their
seats in the car as they had intended, and the only passen-
gers, therefore, were Messrs. Webb, Richard and William
Hughes, and Green. The balloon rose from the earth about
six o'clock, and went away at a rapid pace, under the influ-
ence of a wind blowing strongly from the south east. The
balloon, after a pleasant trip, descended in perfect safety in
a field between Bedfont and Hounslow.
THE 'CUTEST TRICK YET —The following trick to raise a
good bottle of wine free gratis for nothing, is the "cap chief"
of all the pieces of impudence we have heard of lately. In
the present instance. a genteel-looking loafer entered a store
in this city, where he knew they had a splendid article in the
shape of wine, and at a time when be knew the master had
gone to dinner, and nobody but a small boy left in attend-
ance. Entering with all-the importance of a wholesale
dealer, our loafercommenced with— • Is Mr. —in ?" "No,
sir; he's just stepped out; gone to dinner, sir." " What
time do you expect bins back, boy ?" " Not short of an
hour, sir; it generally takes him about an hour to eat his
dinner." " Not under an hour ! Well, I'm told Mr.
has a flue specimen of old Madeira. He told me to call and
taste it ; but as he isn't in, and I am in something of a hurry,
I wish you would bring out a bottle as a sample, and I'll see
what it is." "Yes, sir," said the boy, who immediately
brought forth a bottle of ie pure old stuff itself. The loafer
took the wine, held it up to see its quality and colour, drew
the cork, took a small sip, smacked his lips, and inquired—
" Boy, have you any ice?" "Nb, sir. we never keep any."
" Never mind, it's about cool enough. Any thing in the
shape of crackers and cheese about ? They help to get a
correct idea of the wine." "Nothing of the kind, sir."
"All the same thing—l believe I have some in my pocket.
I always carry them with me when I am out purchasing ;"
at the same time taking out a paper of the above-mentioned
articles, and commencing munching and drinking. "This
is a delicious article, what does your master ask for it ?" " I
don't know, sir." " Don't know, eh ! Got much of it!"
"Considerable." " Well," said the new sample of the
Diddler tribe, as he finishedVlC crackers and cheese, and the
last of the old Madeira, "Well, I should like the lot. Just
inform Mr. that a gentleman called and examined his
wine, and has a very favourable opinion of what little he has
seen of it. Good afternoon." " Stay, hadn't you better
wait until Mr. comes in? He'll be along shortly."
"No, I'm in something of a hurry now, but will call again."
So saying the loafer departed; it is needless to say he has
not been seen since.—New Orleans Picayune.