The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-05-15 00:00:00

OFFICERS

Xll.—There shall be a Lady Superintendent, to take charge
of the domestic arrangements, and to contribute to the com-
fort and happiness of the residents. There shall also be an
Assistant Secretary, a domestic Porter, and Female Attendants.
Also, a Treasurer, Two Auditors, an Honorary Secretary, and
an Honorary Physician and Surgeon.

This Company, since the commencement of its Life business
in May, 1843, has issued upwards of 900 Policies, amounting to
considerably more than HALF A MILLION Sterling.
Policies effected on the MUTUAL or PARTICIPATION
SYSTEM obtain important and peculiar advantages, while the
rates are more moderate than those of most other Offices, and.
no Entrance Money is charged. THE WHOLE PROFITS on
such Policies (excepting one-flfth only, reserved for expenses
of management, &c.) belong to and will be annually divided
among the Assured; and the Bonuses may be applied in re-
duction of Premiums or commuted into a Cask Payment. A
portion of the Premiums can be retained on Loan without
Security.

Policies for fixed sums without additions granted for a term
of years or for Life at very low rates, by which, as compared
with those of other Companies, an important saving is effected
for the Assured.
Liberal and advantageous arrangements made for the benefit
of parties unable to continue their p ,yments.
Reversionary Interests purchased and Life Assurance Busi-
ness in all its branches transacted on the most favourable
terms.

Copies of the Prospectus, with Forms of Proposal, and every
information and assistance to be had, free, at the Offices of the
Company, or from any of the Agents.
HOLSIES IVORY, Manager.
JOHN M. APCANDLISH ' Secretary.
AGENTS IN LIVERPOOL FOR LIFE ASSURANCE BUSINESS
CARSON and KILGOUR,Brokers,

Lancaster-buildings.
BENJAMIN FERGUSON OLIVER, Merchant,
11, North John-street.
WM. JAMES PATON, Stock and Share Broker,
20, Castle-street.
RD. FORMBY, M.D., 13, Pilgrim-street

Medical Referee—

Vrortebino fit par!Minna.

HOUSE OF LORDS.-MONDAY

Their lordships met at five o'clock. The strangers'
gallery was exceedingly crowned, and the side galleries
were graced by the presence of a large number of ladies.
Many of the members of the House of Commons were also
present. _

The Duke of RICHMOND presented a very large number
of petitions from parishes in Sussex, against the repeal of
the Navigation Laws.

Similai: petitions ware presented by the Marquis of
Londonderry, the Earl of Harrowby, and Lord Wharn-
cliffe.

Lord STANLEY presented a petition from the merchants,
bankers, &c., of London, to the same effect, containing
31,777 signatures : another petition, signed by 3109 of the
electors of London; also petitions from Glasgow, Carlow,
Dumfries, St. Ives, Rye, Hastings, Brighton, Halifax,
Teignmouth, Colchester, Dundee, Dover, and Wapping.
The petitions together contained upwards of 60,000 Big-
matures (hear, hear.)

PetitiOns of a similar nature were presented by the
Marquis of Downshire, the Duke of Beaufort, and several
other peers. _ _

The Marquis of LANSDOWNE presented a petition from
Manchester, in favour of the repeal of the Navigation
Laws.

Lord STANLEY inquired the number of signatures ?
The Marquis of LANSDOWNE had not counted the

.signatures

understood the number to be 448

Lord STANL
(laughter.)
The Marquis of LANsuowNE presented a petition from
Dundee, in favour of the repeal of the Navigation Laws.
The noble marquis then moved the second reading of the
bill for the repeal, or rather for the amendment, of the
Navigation Laws. In so doing he went at considerable
length into a history of the laws the alteration of which
their lordships were now called upon to consider.
Lord BROUGHAM said that he was solely influenced in
opposing the second reading of this bill by his regard for
the highest interests of the country. He had recently
been taunted with inconsistency in refusing to place the
crowning capital on the pillar of free trade; but he was
prepared to contend that the Navigation Laws had no-
thing to do with free trade. The noble and learned lord
then proceeded to condemn the statistical returns prepared
by the directions of the Board of Trade, as having been
cooked up for the purposes of the advocates of free trade,
the figures being, in some instances, one hundred and
fifty times more than the true ones. The great object of
the policy of the Navigation Laws was the formation of a
mercantile navy, as the only sure foundation of a military
navy, and believing that their repeal would be prejudicial
to that policy, as well as to our colonial, commercial, and
shipbuilding interests, he would oppose the further pro-
gress of the bill. A sort of threat of consequences had
been held out by the noble marquis, and such a threat
could not be without its weight in matters of minor im-
portance, but in a matter of such paramount interest, it
should not deter their lordships from performing their
duty, or induce them to take a step ruinous to the vital
interests of the country, and which they never could re-
trace. For himself he felt compelled, as an Englishman,
as a peer of Parliament, and as an honest man, to vote for
the rejection of the measure.

The Earl of CARLISLE moved the adjournment of the
debate, which was at once agreed to, and their lordships
soon after adjourned.

HOUSE OF COMMONS.-

•MONDAY

Lord J. RUSSELL moved the second reading of the
Parliamentary Oaths Bill.

Sir R. INums opposed the measure upon the same
grounds as heretofore advanced against it, and moved that
the bill be read a second time that day six months.
Mr. PEEL made his maiden speech in support of the
bill under cover of which the last remnant of religious
disabilities were to be removed.

The debate was continued by Mr. Wur.rAms, Mr.
TRELAWNY, Mr. ROBARTES, Lord ARUNDEL and SUR-
REY, and Mr. Sorgeant TALFOURD, in support of the
measure ; and by Mr. A. HOPE, Mr. NEWDEGATE, Mr.
SPOONER, and Lord MAHON, against it.

• ..
The Marquis of GRANBY said it was absurd for any one
to taunt the legislature with persecuting the Jews, when
they were allowed to participate in all the benefits of the
constitution, although they were necessarily by their reli-
gion excluded from a parliament essentially Christian in
its character.

The second reading of the bill was carried by a majority
of 278 to 185.

HOUSE OF LORDS.-

TUESDAY

The Earl of CARLISLE resumed the adjourned debate
on the Navigation Laws. He considered the present
measure calculated to promote the general good, and to
preserve the immemorial glory of the country. He be-
lieved that the tendency of this measure was to give in-
crease and activity to the commerce of this country, and
that commerce is the best nurse and support of a mercan-
tile marine, which is the best guarantee of our naval
supremacy. The question for their consideration was,
whether the wealth which was likely to result from this
measure was not the due reward of the pursuits of honest
industry, and the peaceful intercourse of nations. Ho
did not look at our Navigation Law with that implicit
deference and reverential awe with which it was regarded
by some parties. At the very first it was productive of
disasters, and had led to disastrous wars. It had been
followed by restrictions on Ireland and on our colonies.
The question for their lordships was, whether in the pre-
sent circumstances of the country it was our inter.st to
maintain those restrictions. In order to solve this ques-
tion it.was necessary to inquire whether it was in our
power to maintain the Navigation Law upon its present
footing. There was now a general resistance to a mono-
poly of privileges by any single power, and this had led
to the treaties of reciprocity. The noble earl then ad-
verted to our relations with Russia, Austria, and other
countries with which commercial treaties exist.
The Earl of HAREOWBY admitted that the principles
of free-trade and protection were not two abstract prin-
ciples of right and wrong, but principles to be adopted,
modified or abrogated, according to national exigencies.
On this principle the Navigation Laws had been altered
repeatedly, but care had been always taken to maintain a
sufficient degree of protection for our mercantile and
naval interests. The question was, whether this measure
would leave such a degree of protection; and he com-
plained strongly of the partial information which, by an
abuse of their official duties that could not be too strongly
reprehended, the officers of the Government had supplied
in their returns on this subject. The noble earl then
entered at large upon the commercial bearings of the
question, of which he evinced great practical knowledge,
and concluded by stating that it was impossible for him,
after thoroughly considering them, to support the raea-
snrz2 of the Government.

After speeches from Lord WHARNCLIFFE, the Marquis
of LONDONDERRY, and Earl GREY,
Lord STANLEY said the question to be decided was,
whether, under all domestic circumstances, it was right to
throw down and totally abolish a system which had been
so long in existence, rather than endeavour so to modify
that system as to render it applicable to the altered rela-
tions of the country. The latter course he would not
attem ?t to oppose ; but to root up the whole foundation
of an ancient code of laws, connected with the most im-
portant interests of the empire, was a proceeding, in his
opinion, pregnant with danger, and likely to prove fatal
to the very interests it professed to be intended to promote.
In the shipping of this country there was a capital
embarked of nearly sixty millions of money, giving em-
ployment to a large number of persons, and earning an
average freight of £28,600,000 per annum. This of itself
was an interest of the greatest magnitude, but when it
vias recollected that upon this commercial marine depen-
ded also the efficiency of our naval force, he was, he must
confess, astounded at the ease with which a Minister of
the Crown called upon their lordships to peril both the
one and the other. (Cheers.) The course pursued by
the government was, he contended, unwise, impolitic,
and oppressive ; as a proof of which he cited the fact, that
while every shpping town in the kingdom had petitioned
in its favour. (Cheers.) The noble earl had treated those
petitions very lightiy, calling upon the House to assume
that the shipowners must necessarily be the worst possi-
ble judges of their own affairs, and that it was lucky for
them that they had others to legislate in their behalf, and
save them from themselves. This was a new doctrine as
applicable to the first merchants and shipowners in the
whole empire, all of whom denied that the Navigation
Laws operated in any way to their prejudice or inconve-
nience. With respect to Canada, he admitted at once
that Canada had, in the circumstances in which she was
placed, a right to ask for, and to obtain, a relaxation in
the Navigation Laws ; but it should be remembered that
the petitions from Canada, every one of them, commen-
ced by complaining of the withdrawal of protection in the
shape of differential duties, and concluded by stating that
the repeal of the Navigation Laws would be but an inade-
quate measure of compensation, unless accompanied by the
re-enactment of some portion of the differential duties
which had been withdrawn. The noble lord read a letter
from Canada, from merchants there upon whose testi-
mony Earl Grey relied as regarded that colony and its
loyalty to the mother country ; which letter to their
correspondents in this country intimated that the reten-
tion of that colony was inconsistent with free trade,
and that nine-tenths of the people of Canada were
in favour of annexation with America, if the
change could be effected without a struggle. The
writers of this epistle were the loyal advisers of the Go-
vernment, upon whom the noble earl relied, and of whose
loyalty he had vaunted. It was impossible to transfer the
tide of traffic from New York to the St. Lawrence with-
out giving protecting duties in favour of the latter. The
noble earl then proceeded to contend that the present
measure would confer no benefit on our West Indian co-
lonies, and subsequently contended that, by the circular
issued with a view to obtain reciprocity in free trade with
foreign countries, the Government had actually called the
attention of every country to the protecting duties whick
prevailed in this country, and which might have other-
wise gone on for years to come without question.
He- next referred to the evidence of Mr. Enderby,
before the Committee, when he stated that if this Bill
passed he would carry out his project for reviving the
South Sea fishery by means of Norwegian vessels, which
could be cheaply bought and victualled, and navigated by
means of Norwegian and New Zealand seamen, who,
when sailing under a foreign flag would not be invited to
abandon him by the first British man-of-war which might
range alongside him, when his whole hopes of success
might be destroyed by the desertion of a few of his men.
Thus this great project would confer no benefit on any
thing British, beyond the profit which might accrue to
Mr. Eoderdy from his capital. The Noble Lord, in' con-

elusion
that ou

that ti

he hill

), who had seen

to
NV4
glory and lieilet

was calculated to destroy. The noble lord concluded a
most able and dot:mint speech amidst continued cheering.
The Marquis of LANSDOWNE replied, after which the
House divided.

THE DIVISION.
For the Second Reading—
Contents—Present .... 305
Proxies 68-173
Non-Contents—Present .... 119
Proxies .. 44-163
Majority for the Second Reading —lO
The house adjourned at a quarter before fiveo' clock, a.m.
HOUSE OF COMMONS.—TUESDAY.
_ _

Nrr. HEADLAI4 moved for leave to bring in a bill to le-
galise incorporated joint-stock banks, based upon the
principle of a limited liability of the shareholders.

Mr: EWART seconded the motion, although he should
have preferred a motion for a committee of inquiry.
The CHANCELLOR of the EXCHEQUER was opposed to
the principle of limited liability, which, in his opinion, did
not tend so effectually as unlimited responsibility to the
ultimate solvency and the good management of a bank—
in other words, to the security of the public.
Mr. CARDWELL opposed the motion. If there was any
business in which unlimited responsibility should be more
strictly enforced than another, it was that of banking.
After some further discussion, Mr. HEADLAM withdrew
his motion.

Major BLACKALL then rose to move a resolution, to the
effect that the peculiar circumstances of Ireland required
the immediate adoption of measures to assist individual
exertion and promote industry. He was proceeding with
his motion, when notice was taken that forty members
were not present.

HOUSE OF COMINIONS.—WEDNESDAY.
Mr. P. SCROPE moved the second reading of the Em-
ployment of Labour (Ireland) Bill, the object of which
was to find labour for the able-bodied poor who applied
for relief. '

The motion having been carried without a division, or
discussion,

Sir W. SOMERVILLE rose to oppose the bill, and moved
that it be committed that day six months.
Mr. P. SCROPE moved to refer the bill to the Poor-law
Commissioners.

A long discussion ensued, which terminated in a divi-
sion, when the amendment was rejected by a majority of
166 to 41.

The Bribery at Elections Bill went into committee,
and clauses 1 to 5 were agreed to.

HOUSE OF LORDS—THURSDAY.
The Marquis of LANSDOWNE gave notice that he would
propose to go into committee on the Navigation Laws on
Monday week, and would take the third reading as soon
as possible afterwards. He asked if any amendments
were to be proposed in committee.
Lord STANLEY would undertake to assure the noble
marquis that several most important amendments would
be proposed in committee, and the sense of their lord-
ships would be taken upon them. As a matter of course,
due notice would be given of such amendments, and he
begged the Lord President would state whether, after the
nature of the division on the second reading of the bill,
the Government themselves intended to propose any
amendments in committee, or were they determined to
adhere to the bill in its present form ?
The Marquis of LANSDOWNE declared that he would
adhere to the bill in its present shape, though of course he
would not preclude himself from agreeing to any amend-
ment that should meet his approval.

HOUSE OF COMMONS.—THURSDAY.
Mr. ANSTEY moved two resolutions, to the effect that
the house regretted the increased consumption of chicory
in the adulteration of coffee, contrary to law.
After some discussion, in which the Chancellor of the
Exchequer, Sir John Tyrell, Mr. Urquhart, Mr. Macgre-
gor, and Captain Bennett took part.
The house divided, and Mr. Anstey's resolutions were
negatived by a majority of 62 o 11.
Mr. H. DRUMMOND then moved that the house should
resolve itself into a committee to consider the public
expenditure and the existing system of taxation, and how
far both might be revised with a view to relieve the pres-
sure upon the industry of the country.
Mr. URQU HART seconded the motion.
The CHANCELLOR of the EXCHEQUER contended that
the proposition of the hon. gentleman was virtually
impracticable, and called on the house to reject the mo-
tion.
After a discussion, in which Mr. Spooner, Sir. J.
Tyrell, Mr. M. Gibson. Mr. Plumptre. Mr. B. Cochrane,
Mr. Muntz, Colonel Sibthorp, and Messrs. Heyworth.
Henley, O'Connell, Drummond, Labouchere, and Cobden
took part, the previous question was carried by a majority
of 151 to 100.
Mr. CHARTERIS moved for a select committee to inquire
into and report upon the expenditure of certain sums
which appear as unaccounted for, under the head of par-
liamentary expenses, in the report which was recently
published by a committee appointed to inquire into the
management of the affairs of the Eastern Counties Rail-

way Company
After some observations from Colonel Sibthorp, Mr
Roebuck, and Sir R. Inglis, the motion was agreed to.
Mr. HINDLEY moved for, and after some opposition
obtained, leave to bring in a bill to prevent unnecessary
trading on the Sabbath in the metropolis.

HOUSE OF LORDS.—FRIDAY. •
The Earl of CARLISLE, in an able address, moved the
second reading of the Rate-in-Aid Bill, on which the
Earl of RODEN moved, as an amendment, that the Bill
be read a second time that day six months. After a long
debate the second reading was carried by a majority of
one, the numbers being, contents 48, non-contents 47.

HOUSE OF COMMONS.--FRIDAY.
The Land Improvement and Drainage (Ireland) Bill
was read a second time.—The Encumbered Estates (Ire-
land) Bill was read a second time, several Irish members
expressing warm approval of its principles.—The Defects
in Leases Bill and the Estates Leasing (Ireland) Bill was
read a second time.—The Accounts of Turnpike Trusts
(Scotland) Bill, the St. John's Newfoundland Rebuilding
Bill, and the Grants of Land (New South Wales) Bill
passed through committee.—On the consideration of the
Attachments Courts of Record (Ireland) Bill, as amended,
Mr. GROGAN moved its re-committal, in order to add a
clause securing to officers of the courts of record com-
pensation for losses under its operation, which was strenu-
ously opposed by Mr. REYNOLDS, and as strenuously
supported by Mr. KEOGH. In the sequel the matter was
deferred for a fortnight,