The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-03-27 00:00:00

THE LIVERPOOL itiNhAitt.

public men allow themselves, that, in private life, would
brand those who practised it with degradation and contempt.
The London Times, which has of late become the servile
hack of the very men, whom it has denounced for years
as feeble, venal, and factious, we observe, not without
some shame for our order, has lent his columns to ward
off from the ministry the odium of their Canadian pro-
ceedings. He says, on Friday, referring to the indig-
nation excited in that colony by the Compensation Bill,
that " No act has been passed ; there is not even a bill
before the colonial Parliament." Yet Sir George Grey's
speech, in the extract quoted above, contained in that very
day's publication, states that Lord Elgin's private letter
admits that such bill " has been read a second time, and
is going into committee !" Proh pudor !
THE UNIVE,.SAL PEACE YSSTEM.

The millenium is shortly at hand, in the opinion at
least of the Bright and Cobden section of the community ;
and, contrary to our previously conceived notions upon
the subject, it is to be brought about by the omnipotence
of the British parliament, which is to insist upon foreign
nations settling their disputes with each other by arbitra-
tion. We should be as happy as the most sanguine of the
Society of Friends to see such a mode of settlement
adopted; but, in common with some other people, are
rather doubtful as to its practicability. We are willing,
however, to be convinced ; and there is unfortunately just
now a wide field for the experiment being made. Let
Mr. Bright, and a few coadjutors amongst the Peace
Society, try their persuasive eloquence in settling the dis-
putes between the Sikhs and the East India Company, or
Mr. Cobden use his influence in the settlement of the
complicated affairs of Austria, Italy, and Sicily. Mr.
John O'Connell might take in hand the restoration of the
unfortunate Pope Pius, and Mr. Brotherton effect an
amicable arrangement between Russia and the Porte.
If successful, of course we should be able to dispense with
both army and navy, to the great delight of our Financial
Reformers.

Many people, however, consider that attempting arbi-
tration in international affairs is beginning at the wrong
end • and that we might with advantage endeavour to
settle our individual differences by this mode, and thus
save largely in the cost of lawyers and police. Thus we
might decide whether John Nokes, who picks pockets for
a living is better entitled to the watches and other valua•
bles which he takes a fancy to than other parties who have
bought and paid for them, or whether Thos. Stiles has as
much right to punch his neighbour's bead as to run his
own against a wall. A happy world this would be to live
in if we could regulate it after this fashion ; but the num-
ber of arbitrators required to keep us all straight would be
rather a large one.

SECOND EDITION.

Standard Office, Two o'clock, p.m.

LIVERPOOL CORN

MARKET.-THIS DAY

- -
The arrivals coastwise and from Ireland, since this day week,
comprise little more than a moderate quantity of Oatmeal, and
a finr sannly of 11S.1r. . .

Luau.; (nose rrom America containing merely
1,579 qrs. of Indian Corn, against 9,784 exported during the
same period to Ireland: the north and south of Europe,
however, furnish a goad supply of Wheat, a moderate import
of Oats and Flour, with a few parcels of Beans thence and
Egypt.
At the opening of our Corn Exchange this morning, the
holders of Wheat were more firm, and required a small ad-
vance for very prime samples, which not being complied with,
a tolerably fair amount of business was transacted in the gene-
ral qualities of this Grain, on the terms of Tuesday last.
American Flour met enquiry, but being held at 235. 3d. to
235. 6d., and wholesale buyers refusing to pay more than 235.,
at which some quantity would have been taken, the business
upon the whole was rather limited in amount.
Barley and Malt, upon a moderate sale, remained at late
prices.

In Beans there was no alteration, except Egyptians, wh
were held more firmly, and 245. required for best parcels.
Pease no variation.

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