The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-11-18 00:00:00

the "deposit system," which occasions the stagnation

many millions, (at least as regards the mercantile in.
terest) in order to secure a facility in negociatingpaper.
Whether such a fettered investment will readily be made,
and whether personal responsibility will be found an ade-
quate guarantee in such transactions, we do nut feel our-
selves called upon to determine. - But it does seem to us,
that beside the pecuniary security ulfured•under- the pre-
sent system to the bank proprietor, the 'deposits are also
a source, and a chief source, of their profits. A company.
of merchants thus united, who look for no gain from
banking, may, perhaps, by willing to dispense With these
profits. The project will, probably, soon be before the
public, and bankers will feel a deep interest in its issue.

After a short interval parliament will again be assem-
bled, and it will be well fur the country if its delibera-
tions, when assembled, be directed and confined to
questions of national import. For a eery considerable
time the public mind seems to have lust tight of those
great and paramount objects which are of positive inter-
est to its welfare, and to have entered, with almost
inexplicable zeal and fatal enthusiasm. into angry con-
tentions respecting po;uts of mere speculation, which,
however exciting in the pursuit, like most other game,
is Worthless in the acquisition. For some years the
country has rung to dissonance with the vague cry of
refor;in They who felt evil of any kind abandoned every
other hope of alleviation but that which vas to be af-
forded by reform. Was, a man embarrassed in trade,
reform was to supply custom and bring back prosperity;
—did the artisan find his labour of less value than for-
merly, or his employment less regular than heretofore,
it all arose from the want of reform ;—and the merchant,
who saw his vessels losing winds and titles without a
freight, or freights without profit—reform was the charm •
to add wings to commerce, and to restore all to activity
affain. In fine, reform was that wished-for panacea
which was expected to reinove every cause of complaint,
and to bring about a y.oliticai millenium. when nothing
could be refused that, was asked ; and hope could not
riot in expeeta:ions too extravagant for gratification.
qHr PferrrailLs.— %Vt. rivet to learnr that th..re is not the
,lightest prohttbiiily "f the dij(!reuers between the utanufactn- The sun of refitrui has risen upon us—has readied its
rers and their workpeople beim! ,omeridian--pasted CoCn the contrary, I the tropic .of effulgence, and seems
there exisi roost ()vermin, d spirit on I.nth sides; the one . .
will not N wet: -The turn-nut is now I likek, as long as it continues to shine, to shine with a
become almost genera , and nt;tlitirg but coniplete•lictory will
purer and milder equinoetial light. And what bene-
satisfy either the masters cii;their'itorkp'eopte. It is lamentable Lit%
oriange.: has it eft cted ? What exotic principle
rontemplate the privations that must euvue to thousands
thus directly or iudireetl7r deprived of the ordinary rn"r" ^f transplanted front the soil of revolutionary France has it
sohsistence, and at this season of the year most especially.—
caused to germinate, to grow, to huctify among us A
A10ca40414 Carrier: