The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-10-05 00:00:00

CLERICAL INTELLIGENCE.

SODOR AND MAN. - Sodor is from Sundery, (or
Southern) Hebrides, the diocese having once 'included
them, together with the Isle of Man.
The Perthshire Advertiser says, " We understand that
it has been determined to erect in Perth, connected with
the Episcopal Church in Scotland, a Cathedral, on a grand
and magnificent scale."

On the 12th ult. ten, of the bishops ordained sixty-eight
deacons and seventy-four priests. Of these twenty-two
deacons and twenty-nine priests belonged to Cambridge,
and twenty-seven deacons and twenty-nine priests to Ox-
ford ; the rest were from Durham, St. Bees, &c.
THE CLERGY IN IRELAND.—" A Connaught Rector"
writes to the newspapers to call attention to the condi-
tion of the Irish clergy. He says :—" In illustration of
the present total confiscation of church property in some
parts of Ireland, I beg to state my own case. The gross
income of my benefice amounts to £658 per annum. The
net income which I derive from the living is £420, out of
which the poor-rates are to be paid ; 6s. in the pound
sterling, the present poor-rate, on the gross income, will
amount to £250, to be stopped from my half-year's net
income of £2lO, payable at November; and there can be
no doubt that, between the poor-rates and the charges for
the Labour-rate Act, there will be a similar deduction
femn my income in May next. Such is the reward which
the clergy are to receive, after having devoted themselves
in ' mind, body, and estate,' to the cause of the poor ne-
glected tenants of, for the most part, absentee landlords
during the last sixteen months of ' plague, pestilence, and
famine,' in this unhappy land."
CHURCH EXTENSION.—It is with sincere pleasure that
we announce the determination of a large proportion of
the bishops to appoint in their several dioceses a class of
Bible readers to assist the parochial clergy in the discharge
of their pastoral duties. The wise restrictions and regu-
lations under which the appointments are to be made, the
examination and license required of the candidates for this
honourable employment, the recommendation of the in-
cumbent in.the first instance. and his continued approval
throughout, both of the general proceedings of the reader,
and also of the tracts or books which he will be allowed to
distribute, are a sufficient guarantee for the maintenance
of that wholesome order, discipline, and subordination,
which our admirable parochial system is so well calculated
to ensure ; and will be found, we trust, an ample security
against those serious inconveniences which have been ap-
prehended or experienced in similar schemes, not so
deeply considered, nor so well digested, as this appears to
be. Yet, it is rather as an admission of the inadequacy of
the present resources of the church, than as an attempt to
supply them, that this concession is to be hailed with sa-
tisfaction. The measure, per se, will meet the exigencies
of the case just as little as the appointment of one addi-
tional Bishop of Manchester. But both are valuable.
WELSH AND ENGLISH.—It seems hard to say why
Parliament should make fish of St. Asaph and Bangor,
and flesh of Gloucester and Bristol. It has been dis-
covered that Sir Robert Peel's commission was, on one
side of the Severn, a lamentable fatuity ;—on the other,
its most signal exhibition of principle is perpetuated.
Why? Only because, in the latter case, the thing was
dene before the Commission was found out. If St. Asaph
and Bangor was a mistake, Gloucester and Bristol is a
lunacy. The union of St. Asaph with Bangor would have
given a total of 253 benefices in the united diocese. The
union of Gloucester with Bristol gives a total of 535. The
average number of benefices in the present English dio-
ceses is 418. Thus, the united diocese of Gloucester and
Bristol, if measured by the number of its benefices, ex-
ceeds the average by upwards of one fifth ; and is nearly
DOUBLE the united dioceses of Bangor and St. .Asaph,
And each of the two dioceses of Gloucester and Bristol,
ALONE, exceeds, if estimated in the same way, the two
Welsh dioceses put together. More than this ; the bene-
fices of the dioceses of Gloucester and Bristol are some-
thing larger than those of Wales. The cities of Gloucester
and Bristol have no counterpart in the-Welsh dioceses.
Even the towns of Stroud, Cheltenham, Cirencester,
Malmsbury, Hawkesbury, Wotton, and Dursley, to say
nothing of the mining population in the forest of Dean,
are far more than pendent to the two cities of St. Asaph
and Bangor. The 116 benefices of the dioceses of St.
Asaph, all put together, would hardly equal the 30 which
form the city of Bristol alone. If Bangor and St. Asaph
are two, then much more ought Gloucester and Bristol
not to be one. If Gloucester and Bristol are one, much
less ought Bangor and St. Asaph to be two.—Guardian.

DIOCESE OFRIPON.—In answer to the call now so ur-
gently made for an increase of the number of Bishops in
this country, it is often objected that it is not more
Bishops that we want, but an increase of parochial minis-
ters—the working Clergy, as they are specially called. It
is, perhaps, possible, that some of the hardest workers of
the whole clerical body are to be found amongst the
Bishops themselves ; and another thing is pretty certain,
" Give us more Bishops, and we shall soon have an in-
crease-of parochial Clergy also." We have a practical il-
lustration of this in the diocese of Ripon. The Bishop of
that diocese has just been delivering a Charge to his
Clergy, in which, after having commenced by stating, that
ten years had now elapsed since his appointment to the
Episcopal office ; he afterwards gives a brief statistical ac-
count of the progress which the Church has made in the
diocese of Ripon during that period. "In 1836, there ap-
pear to have been in this diocese 295 incumbents, 80 cu-
rates, 300 churches and chapels, and 180 glebe-houses,
with 47 of the clergy non-resident. In 1846, we find 370
churches and chapels, and 225 glebe-houses, 360 incum-
bents and 120 curates, and only 27 non-resident clergy,
showing an increase of 70 churches and chapels, besides 36
fresh school-rooms licensed for Divine Worship in remote
hamlets, containing accommodation for 6000 persons ;
100 additional clergy, with 45 new parsonage-houses built,
while there has been a decrease in the number of non-re-
sident clergy by about one-half. As regards the erection
of schools, the advance has been still more striking. For,
although the number of them does not exceed 76, yet, as
they afford accommodation for nearly 30,000 children, it is
clear that in this department we are gaining on the in-
crease of our population ; for this number will represent a
population of at least 240,000, an amount far exceeding
any addition which can have accrued during that period. '
—Colonial Church Chronicle.

A DIVIDED PARISH.-The parish of Leigh, in Essex,
is in a state of considerable agitation in consequence of
Lady Olivia Sparrow having withdrawn her schools at
Leigh from the pastoral care of the rector, the Rev.
Robert Eden. Lady Olivia, moreover, has published her
reasons. These are, she says, her "conviction of the
unscriptural character of Mr. Eden's religious views, now
further confirmed by the mode of conducting the cere-
mony of laying the first stone of his new schools. And
yet more, the tone of the addresses on that occasion, and
on the following Sunday, at church, wherein the
Church's voice was described as God's voice '—thus, in
reality, setting aside the authority of the word of God,
which, in the Articles of the Church of England, to
which Church Mr. Eden belongs, is held as supreme.
' And whatever is not read therein, nor may be proved
thereby, is not required of any man that it should be be-
lieved as an Article of the faith, or be thought requisite
or necessary to salvation.'—(Art. vi.) " Lady Olivia
fears, nay, on good authority believes, that Mr. Eden's
views are essentially the same with those which have led
so many from the Church of England to that of Rome.
" Truly thankful," adds her ladyship, " should she be,
were Mr. Eden to enable her, by a return to the genuine
principles of Protestantism, to replace her schools under
the superintendence of the pastor of the parish." To
this Mr. Eden replies, also in print. He says :—" If her
ladyship would kindly state to Mr. Eden what she means
by the genuine principles of Protestantism, a return to
which on Mr. Eden's part would enable her (as she is
good enough to say) to replace her schools under the
sunerintendence of the pastor of the parish, Mr. Eden
would weigh with the deepest respect and attention any
such statement from her ladyship. Will it not satisfy her
ladyship on this head, when Mr. Eden says that he re-
joices in the ' Reformation of the Church of England,'
and that he gives his full ' assent and consent to every-
thing contained in the Book of Common Prayer' as set
' forth by the Church of England ? As a member of that
Church, her ladyship can scarcely desire a stronger decla-
ration from one of its ministers. Or, if she wishes him
to express his abhorrence of the errors of the Church of
Rome,' she has her wish before it is expressed."

COURT AND FASHION.
-4-

The Court still remains in the Isle of Wight, but it is
expected that her Majesty will very shortly command a
removal to Windsor Castle. On Thursday, the Queen
Dowager, accompanied by the Duke of Saxe Meiningen,
The Duchess Ida, of Saxe Weimar, and Prince Gustavus
of Saxe Weimar, arrived at Osborne on a visit to the
Queen.

The Queen Dowager returned from visiting her Majesty
at Osborne on Friday.
On Monday, La Duquesa de la Victoria (the wife of
General Espartero, Duke of Victory), arrived at the
Queen's Hotel, Manchester, from the north. The
Duchess and party left Manchester for London by the
express train on Tuesday night.
The Marquis of Kildare, eldest son of the Duke and
Duchess of Leinster, led to the hymeneal altar at Trentham
New Church, on Thursday, the Lady Caroline Leveson
Gower, third daughter of the Duke and Duchess of Suth-
erland. The noble bridegroom elect is in his 27th year.
Lady Caroline is a few years his lordship's junior.
The Queen Dowager, according to present arrange-
ments, will leave for Portsmouth, to embark on board the
Howe, for Madeira, on Saturday next, the 9th instant.
Her Majesty will be accompanied by her Serene Highness
the Duchess Ida of Saxe Weimar, and Prince Edward and
the Princesses of Saxe Weimar, who will remain with her
Majesty during her residence abroad. The Queen
Dowager will be absent from England about six months.
The royal retinue will be limited to not more than twenty
persons.
On Friday, the marriage of Mr. George Granville Ver-
non Harcourt, M.P. eldest son of the Archbishop of York,
and the Countess (Dowager) Waldegrave, daughter of
Mr. Braham, the celebrated vocalist, took place, by spe-
cial license, at the village church, about a mile distant
from Belhus-house, the seat of Sir Thomas Lennard, near
Ockendon, Essex. It is the third matrimonial contract
the lady has entered into since 1839. The hon. bride-
groom is in his 63d year, and had been a widower during
the last nine years, his first wife being a daughter of the
late Earl of Lucan, by whom he had an only child, Lady
Norreys.
FESTIVITIES AT DRAYTON MANOR.-Sir Robert Peel
has been entertaining at Drayton Manor a select party of
gentlemen, interested in agricultural pursuits. Among
the visitors were Earl Talbot, Lords Hatherton and For-
ester, Sir Francis Lawley, the Dean of Westminster (Dr.
Buckland), Captain Dilke' Mr. Edmund Peel, Sir Henry
Delabeche, Dr. Lindley, Dr. Lyon Playfair, Professor
Wheatstone, Mr. George Stephenson, the Rev. Mr.
Huxtable, Mr Josiah Pashy, Mr. Mechi, and Mr. F.
Woodward. On Friday, the surrounding tenantry were
invited to meet them at dinner, when some admirable
speeches were delivered upon most important agricultural
subjects.

FINANCIAL AND COMMERCIAL SUMMARY.

The pressure upon the money market has increased
during the week; and the occurrence of failure after
failure has completely banished confidence from amongst
commercial men. Meanwhile, to add to our difficulties
and to profit by them seems to be the only object with
the directors of our national establishment, whose con-
duct is attracting a large share of public attention. The
'announcement last week of their determination to refuse
all advances upon Exchequer Bills, is regarded as equiva-
lent to a proclamation of its impotence for all useful pur-
poses, and is more calculated to do injury than any pre-
vious step of that incompetent body. The writer of the
City article of the Times, of Saturday, remarks, with
justice, of the harrassing course pursued by the Bank :
" The natural results of the measure adopted by the
Bank of England on the 2nd of September have taken
place to-day, and the city has witnessed another panic,
consequent on the proceedings of that institution. Four
weeks back, in the face of a steady decrease of their re-
serve of notes, notice was given that advances would be
made on stock, Exchequer-bills, and bills of exchange, at
5 per cent., being a reduction of full one-half per cent.,
upon the rate then current in the market. The inevitable
consequences of this plan of reducing the price of their
commodity in proportion as the demand for it was increas-
ing, was pointed out at the time in the same way as it
was pointed out previously to the Bank-made panic of
April last. In both cases, however, experience was neces-
nary to enlighten the directors, and in both cases also the
penalty arising out of this necessity has been paid by the
public. Instead of husbanding its resources at the time
when, owing to the absence of absolute alarm in the money-
market, a quiet opportunity is presented for it to do so,
with a view of securing the means of offering aid when a
time of emergency shall arise, and of thus checking the evil
of momentary fear, the Bank of England is always the
first in the field to add to the terrors of any existing
crisis. At periods when the slightest show of liberality,
even for four and twenty hours, would at once serve to
check the vague apprehensions which the occurrence of
two or three large failures is sure to create (and which
apprehensions in their effect are far more dangerous than
any real event that could possibly happen), the Bank is
always in embarrassment, and, so far from protecting
others, is seen to be engaged in sudden and desperate
efforts to protect itself; thti giving the tone to every
minor establishment, and causing universal timidity to
ensue when everything depends upon the boldness of
self-possession. Up to yesterday there was an all per-
vading cautiousness in the money-market, but there was
no panic. Toe Bank, however, have begun to act, and
now there is general contusion.

" For these evils, however, the public have only to thank
themselves. The Gazette returns are published once a
week, and in these there is no deception. At the time
when the Bank volunteered to cheapen its advances, the
returns in question gave a warning which the public were
not bound to disregard merely because it was lost upon
the Bank directors. Week by week since that time the
sarnewarning has been repeated, and withgrowing urgency,
and, had these been attended to, the steps to which the
Bank has been driven to-day would have been regarded
only as the wholesome result of an attempt to regulate
business in total defiance of its commonest principle.
When the Bank returns in the Gazette shall be taken at
their true value, and be adopted as the guides of all com-
mercial men, and when the shifting measures of the Bank
Court shall also be taken at their true value, and be
utterly disregarded, the money-market will then be wholly
freed from the danger of violent convulsions. Each
weekly change will be noticed, and a gradual course will
be foreseen ; there may be pressure of the severest kind,
but it will never be coupled with: the fatal, and, to a
people priding themselves upon their mercantile sobriety,
humiliating exhibition of helpless fright."
Under these circumstances it was to be anticipated that
a serious reduction in the prices of public securities would
be experienced ; and accordingly, on Friday, consols were
down at 841 sellers. In other descriptions of property,
however, the depreciation is still greater, if indeed it can
be said that such a thing as a fixed price exists. Shares
are almost unsaleable; and in every branch of commerce
transactions are altogether of a retail character, the most
substantial houses hesitating to incur liabilities. It is re-
marked, in justification of this caution, and as evidence
that there is something rotten in our monetary system,
that the majority of the houses which have been driven to
suspend payments ought never to have been under such a
necessity, being perfectly solvent, and previously un-
tainted in credit.

The return from the Bank of England for the week
ending the 25th of September, gives the following results
when compared with the previons week :
Public Deposits £9,447,851 Increase .. £698,673
Other Deposits .. 7,484,042 Increase .. 298,969
Rest
On the other side of the account
Government securities£ll,636,343 thesameasbefore.
Other securities 20,007,232 1ncrea5e1,266,747

Notes unemployed .. 4,112,290 Decrease 16050
The amount of notes in circulation is £18,078,585, being
an increase of £146,120; and the stock of bullion in both
departments is £8,782,703, showing a decrease of £97,787
when compared with the preceding return.

The movement to arrest the reckless course which is
being pursued by the railway companies, has been greatly
advanced by a most influential meeting held in Manches-
ter on Thursday, at which a very judicious media via was
suggested. The stoppage, by legislative interference or
otherwise, of all railway construction, is felt to be impos-
sible, as calculated to plunge a large portion of our work-
ing classes into difficulty. But works not as yet com-
menced with, and for which calls are making, may be
postponed without any difficulty, and their various boards
of direction, engineers, lawyers, and secretaries, furnished
with a year's otium cum dignitate, with or without their
pay, as the subscribers may determine. That some such
course should be taken, is clear from the astounding fact
that in the:face of the present unprecedented pressure upon
the money market, and of the total inability of share-
holders to transfer their property to parties capable of
meeting them without enormous sacrifices, the calls an-
nounced in the present month amount to the enormous
sum of X 3,493,717.
Our cotton market is operated upon by the pressure
for money and the decreasing consumption ; and not-
withstanding the rather unfavourable account of the state
of the crop. brought by the Caledonia, we have to notice
a further decline of one farthing per lb. on all descrip-
tions. The sales for the week were 21,160 bales, of
which 800 were on speculation, and 2,024 for exportation.
The imports for the week were 12,705 bales. The stock
is now 399,690 bales, against 653,190 last year, showing a
decrease of 253,800. This is, however, a more favoura-
ble statement than was shown a few weeks ago. The
total crop of the United States for the past year is now
made up at 1,778,651 bales, which, with the stocks on
hand, at the ports at the commencement of the year,
107,122 bales, makes an available supply of 1,885,773
bales. Of this quantity the American consumption was
427,967 bales, having nearly doubled itself within the last
ten years. _ _ _ _ _ _

The market for manufactured goods is almost at a
stand-still, and further reduction of working is going on.
We take the following description from the circular of
Messrs. Mc. Nair, Greenough, and Co.. dated Septem-
ber 30 :
" The gloomy and unfavourable condition of business
matters, as indicated in our last circular, bseomes com-
paratively unimportant, when viewed in reference to the
actual position of affairs during this month,—a period
which, for its intense severity, will be long remembered.
We may endeavour, but it is utterly impossible, to make
parties at a distance intelligibly acquainted with the influ-
ence which a series of disastrous tidings has had upon
this locality. Failures, we believe, exceeding £5,000,000,
and many of them bearing directly or indirectly upon the
cotton trade, could not be expected to happen without
aggravating very materially the state of the money market,
and consequently rendering discount facilities more dif-
ficult of attainment. But for a perceptible improvement
in our home trade, and the existence of a very good de-
mand consequent upon that improvement, during the last
three weeks, we should have had to report something
approaching very near to a suspension of operations in
cloth. As it is, the business done is of a limited extent.
Some descriptions of yarns have, however, experienced a
fair demand. Stocks of both cloth and yarns are gene-
rally heavier than they were a month ago, though to no
material extent. Prices of both must, in many cases, be
considered perfectly nominal, and be determinable only
.by the situation of the producer, and the character and
extent of the operation submitted to him. Though cot-
ton has declined about lid. per pound, from the highest
point, the position of spinners and manufacturers is not
essentially improved by it. Yarns and goods having also
given way, with a certainty of a further downward ten-
dency. The accounts by the overland mail, though far
from favourable, are considered to be as good as might
have been expected. We believe that we were amongst
the first to predict that bad consequences would result
from the immense and indiscriminate shipments which
were being made to India and China. No regard appears
to have been paid to the legitimate wants of these impor-
Aant markets ; on the contrary, supplies have been sent
forward as if consumption were boundless, and the sources
of payment in return inexhaustibly valuable. The last
intelligence is painfully confirmatory of our views. We
may notice in conclusion, that the last American steamer,
which arrived in Liverpool yesterday, has brought a fair
amount of orders, and with them the agreeable intelli-
gence that the matters in dispute between the United
States and Mexico may now reasonably be expected to be
soon adjusted. Such, we hope, will be the case ; if so, a
valuable market will again be open to us.
The Corn Markets continue to exhibit a downward
progress in prices, Liverpool exhibiting the greatest
amount of firmness, which is accounted for by the fact of
no heavy importations being announced as on the way to
this country. With respect to the prospect for the coming
year' we quote the following remarks from the circular of
Mr. Robert Proctor, of Liverpool :
" Assuming the year to terminate, as regards the Corn
trade, with the month of September, the following tabular
statements of the imports and exports of grain, &c., into
and from this port may not be without interest;—

Average Yearly Import of Grain, Sze., into Liverpoo
Years, ending—

f, for 12

WHEAT.

FLOUR.

Coast-
wise &
Ireland Col. For. Brit. For. Col
Qrs. Qrs. Qrs. Sacks. Qrs. Qrs.
1841292054 23400 170442 192087 175019 36022
1842172365 24384 653637, 65947 180505 221939
1843125847 8934 768521155507 10931 79680
1844223502 22083 2402271259556 155200 226833
1845295179 3413 65972 416903 41886 136086
1146194501 49038 287451 264983 877659 246276
1847130761 55006 519159 79948 1979491 410806,
Exports for 1

I.
,CORN

Aug. 31,
Sep. 30,
do.

37918
192026
11171608

1 Months, ending 301 h Sept. 1845, 1846, and 1847.
Wheat. Flour. I Indian Corn.
Cat. & Irel. For. Coast & Irel. For. Irel. & Coast
Ending 30th1 Qrs. Qrs. Sacks. Bris. Brls. Qrs.
Sept. 1845., 15627 8367 17508 30510 45636 16102
Ditto, 1846.1 30510 .. 16603 159712 11671 144106
Ditto, 1847.; 33115 4901,43887 641278 47611 539667