The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1838-10-02 00:00:00

dneriptions, while others showed a small advance. United
States Bank sold at 1221; Delaware and Hudson Canal
Conrpany closed at 79, being a decline of ; and Stoning-
tan Railroad Company fell off y per cent. Paterson Rail-
road Company advanced 1 per cent. having closed at 711.
The Firemen's Insurance Company have declared a semi-
annual diiidend of 10 per cent. payable on the 12th inst.
The receivers of the Fulton Insurance Company give no-
tice that they will pay a further dividend of 20 per cent. on
the irst of December next, unless restrained by legal mea-
sures.

Exchange at Nashville (Tennessee) on the east had
receded to 8 per cent. premium.

(From the New York Journal of Commerce of Sept. 6.)
THZ fd A RKlLT.—There is some more business iu cotton at
steady prices. •
Flour is higher by 121 to 25 per cents. Genesse of com-
mon brands is held at 8 dollars.

(rreni the New York Courier and Inquirer of Sept. 7.)
Philadelphia, 6, 5 p. m.
We are entirely without news of moment here.

MoNRY Marmot', &c. SEPT. 7.—We have no change o,
any moment to report in the appearance of the stock market
which continues heavy. Delaware and Hudson Canal Com-
pany further declined yesterday, as also Long Island Rail-
road Company, while American Trust Company, Haarlem
and Boston and Providence Railroads slightly improved.
2000 dollars in 6 per cent. Treasury notes sold at tbe board at
per cent. premium. The ship, Congress, arrived last night
from Mazatlan, brings upwards of 200,0(H) dollars in specie.
The amount of sterling bills in market continues limited, and
for. transmission by the Roscoe, sailing this morning for
Liverpool, have been very firm at 9 to 9-1- per cent. premium.
On France sf. 221 e. is obtained—our previous quotations, and
on other places also the rates remain unchanged.
The Commercial Bank of Vicksburg bas declared a dividend
of 5 per cent., payable to stockholders in New York at the
Pbcznix Bank.

(From the New York Etpress of Sept. 3.)
We learn from the Bangor Wlsiy that 100(1 stand of arms
arrived in that -city on Saturday last, from Portland, for the
purpose of arming forthwith the Lincoln Frontier Regiment.
This looks as if Governor Kent was in earnest.

(From the same of the 4th.)
NORTM-EASTERN IinUNDART.—It is understood, on what
we consider good authority, that an arrangement has been
made between the United States and the Governor General
of Cauada, with the consent of the Governor of New Brims-
wick, that if the Executive of the State of Maine shall proceed
to run the north-eastern boundary line pursuant to the law
of that State authorising the survey, he will not be opposed
by force by the British authorities; but the matter will be
left for adjustment between the two governments who have
the only legitimate right to settle the question.—Plortsbory
Republican.

(Front the Quebec Gazette of Aug. 31.)
Toronto, Aug. 22.
Tnn Fll, Ti•SAVEN RECTORIES.—We have been tivoured
with the
,perusal of a copy of the legal and united opinion of
the law officers of the crown in England on the erection and
endowment of 57 rectories in this province. It has been de-
cided that "the erection and endowment of the 57 rectories
by Sir John Colborne are valid and lawful acts;" and "that
the rectors of the parishes so erected and endowed have the
same ecclesiastical authority within I lieir respective limits as
are vested in the rector of a parish in England."

(From the Neu, York Daily Express of Sept. 7.)

By the ship Congress, arrived last evening from Valpa-
raiso, we have intelligence front that place to July 1.
The country was in a very unsettled state. The town was
besieged by land and blockaded by sea, by the forces of go-
vernment. The Boxer accompanied the Congress off the
coast, and was to return and sail in two or three days for
Callao, touching at San Bias and Panama. Capt. Nichol-
son bad been on the coast about Once months, and had ren-
dered very important services to his countrymen at that place,
by the protection the presence of the Boxer had given to a
large amount of American property. The French refused to
acknowledge the blockade of Callao, and were escorting
merchantmen into pert. The expedition for Peru was ex-
pected to sail in all July, its destination is said to be Callao.
The American squadron was at Callao.

(From the New 01leans Bllletin, August 28.)

IMPORTANT PROM NACOGDOCIIES.—A rumour was men-
tioned in ottr paper of Saturday, of the import, that Texas
had been invaded bye large body of Indians. The Courier
of yesterday publishes advices received in town from Nacog-
doches, under date of the 12th instant, which go to confirm
this account. The intelligence through the source is, that the
Mexicans in that part of Texas, said to be 300 in number,
bad risen in arms, and proceeded to join 151 X) Indians in that
ViCiftilT,' WIWI were commanded 1,2; three Mexican generals
from Matansoras. The Tex ions seemed to consider the rising
at little importance. General Houston, however, who was
in Nscaplochos at the time, issued a proclamation, calling
out 600 of the militia. On the 12th, General Ruch had al-
ready. assembled 400 men mounted, and 250 more wore on
their way to join him.

(From the New Orleans Commercial Bulletin.)

An officar of the steamboat Teche states, that before the
♦easel left Natchitoches, a report reached there and was ge-
nerally credited, that the Indians from the North had invaded
TeXas in a numerous and formidable body, and were driving
the white population before them in great consternation.
The town of Nacogdoches had been pillaged and burnt, and
all the inhibitants driven from their homes. This alarming

rumour has its origin probably in some inroad of a small war
' '`patty upon the white settlements, such as occur nearly every
year.

(Private Correspondence of the Horning Chronicle.)
PHILA ont.ent.t. SEPT. I.—A great sensation has been exi-
eited in New York, and, in fact, throughout the Union, in

consequence of two Frenchmen being illegally smuggled out
of the country on hoard of the Milan, a French 74, which
left the harbour shout nine days since. It appears that the
two Men in question were apprehended in New York last
week on a charge of piracy on board the ship Alexandre, and
also of desertion from that vessel. They had a large sum of
money iu obi with them at the time, and their captors were
two pulice-officers of New York, who acted at the request of
the French Vice-Consul, who had obtained a warrant from
the mayor. The sparamtn of the charge against the French
authorities is, that they caused the men to be taken on board
the Diduu without their being examined by any tribunal of
this country; and that too, after the mayor had signified his
disapprobation of some of the allegations on which the war-
rant was obtained! The French Vice-Consul and •the two
police-officers are strongly censured, and the people generally
are indignant at eo gross a violation and contempt of their
laws by foreigners. An investigation of the subject is going
on, and I presume a correspondence with France will be the
result.
The returns of the Western elections, as tar as known,

meem to preponderate against the government, especially in

--- • •
Mimic
• A vessel arrhed at this port on Monday last, bringing
im-
peitait intelligence from Rio Grande. The young Emperor's
'44sherals have sustained a sigull defeat. Their army of 1800
men has been so terribly cut up by the Republican generals
Bent, Manuel, and Nettu, that only 30 men, including the
three Royalist commanders, Barrett°, Cunha, and Calderon,
-escaped the slaughter. The treasnre taken by the insurgents
was immense., and it is here believed the Royalist cause has
received a death-blow in that province. Barretto and Cunha
are ordered to Rio Janeiro fur trial.
A gratifying instance is recorded of the triumph of steam.
Gonda from Bristol, England, reached Cleve:and, a town of
Ohio en tke shores of Lake Erie, in only 30 days! They
were brought across the Atlantic in the Great Western.
The rumour that the Governor of Maine intended to call
out the militia to rna the north-cast boundary line, is totally
untrue.

Tu SCHOOL QUESTION.—It was recently boasted
by Mr. Walrusley, that " the school question was set
at rest for ever." With what truth the sapient coun-
cillor made this declaration, will appear from the ad-
mirable "Exposure" recently published by the Rev.
Yielding Ould, the respected minister of Christ Church.
We recommend this admirable pamphlet to the atten-
tive perusal of all who feel an interest in the discussion
of this important question. The circumstances which
led to its publication are fully detailed in the introduc-
tion, which we subjoin
is with unfeigned concern for the reputation of
an old friend, and only under a constraining sense of
. public duty, that the following (-retails are now sub-
mitted to the consideration of the public.
"In the month of Apt it last, being then in Ireland,
a conversation took place, in the drawing-room of a
mutual friend, between the writer and the individual
referred to, upon the subject of the actual failure or
•• success of the Education System recently imported
from Ireland into the Corporation Schools of Liver-
pia]. The conversation thus engaged in with an old
acquaintance, whose name, out of respect for his ex-
. eellent father, is here suppressed, was naturally free
and unrestrained; and was pursued rather with a view
to. correct erroneous principles and reprove lati
tudinarian sentiments in one who, it was well
known, had been very differently brought up, than
to sustain any allegations or make out any case
against the Irish Board or the Liverpool Schools. At
the close of it, the young man, who seemed conscious
that he had rather the worst of the argument, an-
nounced his determination to write forthwith to his
friend the Mayor of Liverpool, for authentic informa-
tion upon the then present state of the Reformed
Schools, with a view to ascertain exactly whether, in
his worship's opinion, the experiment had failed or
succeeded; whether the doctrines of Popery were
really taught by authority, as alleged, in the schools,
and whether, in short, the charges usually advanced
against the system, and then repeated, had any foun-
dation in fact or not. Perfectly convinced' that no-
thing had been stated that was incapable of easy
proof, and anxious that the son of an esteemed friend
mighvbe brought, through the means of such an in-
- quiry, to a sounder way of thinking, permission was
readily given for his immediate communication with
the worthy chief magistrate, and liberty freely granted
• to mention the name of the accuser. In about ten
days after, the writer, having returned to Liverpool,
• received a packet, franked from Dublin Castle, enclos-
ing copies of the letters marked I and 2, together with
the short one marked 3, addressed to him by the young
gentleman himself, evidently written under the im-
pression, so flattering to the vanity of youthful ambi-
tion, that he had completely overthrown the accusa-
tions of the adversary, and was entitled to demand a
submissive retractation of the aspersions of the past,
and an unwhispering silence for the time to come.
When the Writer had a little recovered from the effects
of this sturdy blow, he despatched the letter marked
4,'Merely to apprize his friend that his case was not
altogether so hopeless as had been hastily conjectured ;
but that, as writing long letters upon a nauseous sub-
ject, in the midst of numerous and engrossing avoca-
tions, was not the most agreeable work, it would be
R'`. _desirable for his correspondent, if he were really anxi-
,.:„:':ctffto.4.steett4in the truth, to make an early visit to