The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1841-04-30 00:00:00

Nothing definite can be inferred from these circumstances.
Mr. Tyler's whole public life has been devoted to an opposi-
tion to the banking system—to a national bank—to a na-
tional debt—to a protective tariff—and to a distribution of
the public lands. Is it likely he will abandon them now ?
He has pledged himself only to a single term in office—to a
pure and economical government—and to all removal for
opinion's sake.
Arguing from these facts, is it not highly probable, that,
sooner or later, a reconstruction of the cabinet will take place
—and a new developement of the policy of the government
be made ? . .

On the subject of our foreign affairs—and particularly in
our relations with England—we have no doubt the new Pre-
sident will pursue the same policy that General Harrison had
marked out for himself—but in financial matters, there is
little probability he will sanction a national bank or a na-
tional debt. The recent startling developements of the
United States Bank in Philadelphia will only strengthen Mr.
Tyler in his original views on this point. In fact the moral
character of the country is utterly disgraced by the practices
of bankers, and the management of the system.
The greatest excitement in Philadelphia had been occa-
sioned by the report of the committee of Investigation into
the affairs of the United States bank. The document shows
very conclusively that the bank has been not only sadly mis-
managed, but that the public and the shareholders have been
largely robbed by many very thinly glossed over transactions
Of its officers. Enormous loans have been drawn out of the
bank by Mr. Biddle and his friends, which are characterised
in the broadest terms as robberies. As an instance of what
has been practised, it is stated that Mr. Jaudon's agency for
the bank abroad cost about four hundred thousand dollars.
It is set forth in the report that in connexion with the great
sotton speculations of the bank with well-known firms of
the town up to July, 1837, the amount advanced for the
purchase of cotton, was 2,188,000 dollars, and that the whole
of the cotton transactions were 8,900,000 dollars. Some
profit was realised by former speculations of this kind, but
by the last. shipment 900,000 were lost. No less than
31,000,000 dollars of stock have been taken from different
people in settlement of accounts. It was confidently alleged,
that the new President would not sanction either a national
bank or a national debt. A very large meeting of the share-
holders was held in Philadelphia on the Bth instant, at which
ten resolutions of the committee, appointed to examine the
condition of the bank, were presented. The fifth resolution
had reference to the long talked of arrangements with the
other city banks. The committee advise that all agencies be
discontinued, and that the bank be devoted henceforth to the
interests of the mercantile community. The stock of the
bank had at first deteriorated, but subsequently it advanced
two per cent,, and encouragement was ensuing from the
feeling that the worst was known, and that the concern was
likely to be better managed.

The money market was apparently in a more healthy state
than it had been for some time. On the evening of the 9th,
the transaction closed with a fair demand at the following

London bills, city endorse-

1074 a 107-1 4d.76c. a 4d.77c.

Southern, without endorse-

ment
Bills on Paris

107 a 107+ 7d.75c. a 4d.76d
5f.281c. a 5f.30c
39+c. a 391 c
35'c. a 351 c
76c

" Amsterdam,
" Hamburg,

" Bremen,

The cotton market presented no material change. Al-
though the season was so far advanced, the question of the
extent of the crop was still a matter of debate. The follow-
ing is a table of receipts, exports and stocks :
RECEIPTS, EXPORTS. AND STOCK OF corroN._.

Receipts. Exports to G.B. Total Export. Stock.
1839 1,046,913 328,569 501,500 416,573
1844 1,496,030 557,285 900,446 529,053
1841 1,208,488 389,107 568,656 476,679
From Canada there is nothing of interest. M`Leod still
remains in gaol, and no further action would be taken in his
case for some time to come.

Intelligence had been received from the Brazils to the 26th
Feb. There were at Rio the'following United States ships :
the Constellation, Captain Kearney, for China, in ten days ;
Potomac, Capt. Ridgeley ; Decatur, Capt. Ogden ; Concord,
Captain Boerum ; Marion, Captain-Belt, and Enterprise,
Lieut. Goldsboro, destination unknown.

We give in another column an abstract of the log, list of
passengers, and a very gratifying testimonial to Captain
Franklin.