The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1849-07-31 00:00:00

DECLARATIONS OF DIVIDENDS.

3. and W. Walker, Birkenhead, joiners—first aiv. of Is., on
Monday. the 30th instant, or any following Monday, at Mr.
Bird's, Liverpool.
S. Clegg, T. Mather, jun., and K. Pringle, West Derby, Lan-
cashire, ironfounders—fourth div. of 4id.' on Monday, the 6th
August, or any following Monday, at Mr. Bird's, Liverpool.
. . BANKRU PTS.
Maurice Powell, Newtown, Montgomeryshire, butcher, Aug.
13, Sept. 6, at 11 o'clock, at the Liverpool District Court of
Bankruptcy; solicitors, Messrs. Gregory and Co., Bedford-
row; and Mr. Jones, Newtown, Montgomeryshire; official
assignee, Mr. Cazenove, Liverpool.
Bernard Botienlieini, Machester, Merchant.
Richard Birreil, Blackburn, linendraper.
James Stott, flu:laden, Lancashire, cotton spinner.
Edward Heather, Crawford-street, Maryiebone, London,
straw-hat -maker.
John Colson, Milton, near Gravesend, London, publican.
Samuel Cox, senior, Cobham-row, Clerkenwell, London,
plumber.
George Teagle Winter, Brick-lane, Old-street, St. Luke's,
London, builder.
Thomas Morris, Abergavenny, corn merchant.
John Stevenson, recon, grocer.
Jose:-.11 Carey, hepton Mallet, printer.
James Dow le, Cheapstow, Monmouthshire, wine merchant.
James Carter, Bristol, victualler.
Charles States, Newcasptlle‘-ruponN-TDysn.e, innkeeper.

Aug. 24, J. S. Tonge, Liverpool, coal proprietor—Aug. 23, G.
T. Arnold, Liverpool, news agent.
CERTIFICATES

To be granted, unless cause be shown to the contrary on the
(1,4 of meeting.
Aug 16, W. H. Suter, Liverpool, ship broker—Aug. 21, J.
Rewcastle, Gateshead, Dorham, copperas-maker,

MEETINGS OF CREDITORS FOR LIVERPOOL.
August. .Hour.
1, Joseph Robinson Pim (proof) District Court 11
1, John Jones (Ist)
2, John Maddock (proof and div.) Ditto, 11
2, James Robertson (proof and div.)

TIDE TABLE.
DAYS. MoRN.IEVENO.IHouT. LIOLY DAYS, ETC•
July., h. m. m. I ft. in.
S 43 9 9 t 11 10 I
ins. Aug. L 932 g 54 12 10 ,Lammas Pay.
,retist, 11l 10 1A SI 11 Q

July.l h. m. h. m. i ft. in.
Tuesday.... 31: 8 43 9 9 i n 10
Wedus.Aug,. 1 932 954 12 10
Thursday .. 210 16 10 34 13 9
Friday .... 10 52 11 10 14 9
Saturday . 4 11 i 7 11 44 15 6
Sunday .... .50 2
Monday.... 6 11
0 17 0 35 16 10
Add 12 minutes to make Green.

'?t11 Sued. aft. Trinity.

wich time.

LATEST DATES AT LIVERPOOL, JULY 29.
Direct. Indirecti Direct. Indirect.
Australia .. .. March 3ILima
Media May :39 .. 11Iaranhana.. May 24. ..
Barbadoes .. June 271 Mauritius ..! .. May 24
Bombay.... .. 2;1,1 i obile July 7
B. Ayres .. .. 311%1:Atte Video' .. ',Tay 23
Calcutta .. .. 3lNew Orleans' .. July 12
C. G. Hope. .. May 121 New York : .. 17
Charleston . -.. July 1411'ernambuco. .. June 10
China May 26gtio Janeiro.. .. 3
Demerara .. .11; ne 16 Savannah .. .. July 13
Havana .. Jury 81St. Helena .. .. June 6
---Jamaica .. I 2 Valparaiso .. .. April 30
La Guayra .. June 28. Vera Cruz .. .. 'June 16

RAILWAY RECEI

The followins* are the receipts of railw
that is to say, up to the date to which I
are made:—

ys for the past week ;
Le respective returns

TUESDAY MORNING, JULY 31, 1849.

The indecent haste with which the business of
legislation is conducted, and the practice of smug-
gling important bills through Parliament at the
latter end of the session, when the majority of both
Houses, wearied out, have returned to the country,
were never more signally shown than in the case
of the Pilotage Bill. This measure, which inter-
feres with long-established interests and rights in
every port of the empire, including the two im-
portant boards of the Cinque Ports and the Trinity
House, and which has also a most serious bearing
upon the future safety of the country itself, has
been barely a fortnight before the public, having
been introduced in the House of Commons on the
12th instant. It has already passed the Committee
of the House of Lords, and only waits a third
reading, which it very probably would receive yes-
terday. So rapid, indeed, was its course in the
Commons that, as we are informed by Lord Stanley,
a petition which was prepared at Hull, intended to
be presented against it in that House, by persons
connected with the port of Hull, only reached town
on the morning of the day when the bill stood for
a second reading in the House of Lords. A depu-
tation, with a memorial against it, from this port
was, we believe, similarly out-manoeuvred. The
parties whose interests it affects, throughout the
country, have not been allowed time even to examine
its provisions ; and we do not believe that one in
ten of the majority, by which it has been forced
through Parliament, understand the effect of its
provisions themselves. It is sufficient for the
hangers-on of the Government that it is a Minis-
terial bill; and, to secure the co-operation of the
Manchester school, that it strikes a blow at some-
body. _ _ _

We have little expectation that any thing which
can be said, or done, out of doors will have the
slightest effect in delaying the passing of the mea-
sure, should it even not have passed already. But
we must, nevertheless, take this last opportunity of
expressing again our conviction of its unjust and
mischievous nature ; and that its provisions can
never be carried out in this port. Nothing, indeed.
would be more ruinous to the whole of our mercan-
tile marine than its being brought extensively into
operation here. We shall endeavour to prove this.
by explaining the operation of our present most
effective system, and the mode in which it would
be interfered with. We have at present always
stationed outside our river, for the protection of
inward-bound vessels from its•dangerous banks and
shoals, six well-manned pilot-boats. Th 3 first and
second of these cruize off the point of Lynas to the
northward and eastward ; the third cruizes to the
eastward of Point Lynas, to board any vessels which
may pass the first and second. The fourth cruizes
in and to the northward of Beaumaris Bay, and
eastward until the church of St. Asaph and Rhyd-
land appear in the same line of bearing. The duty
of this boat is to give assistance to vessels which
may have missed two and three. The fifth, or first
Hoylake boat's station is to the westward, within
sight of the N.W. light ship. The sixth, or second
Hoylake station, is to assist all vessels which are
found eastward of a line drawn from the point of
Ayr, and N.W. light ship, as well as all vessels
northward, when the first boat is not in sight. By
a glance at any good chart of the approaches to
our port, it will be seen that these vessels occupy
every point, to which danger to an inward-bound
vessel can arise. They form, in fact, finger-posts,
by which, with the aid of the buoys, our coasters
and other vessels of light draught may, in ordinary
weather, enter the river with safety ; and, more than
this, they are finger-posts, which not only point out
the way to such vessels, but advise them how it is
to be reached. Nothing is more usual than for
our coasters though commanded in some cases by
men who have sailed once or twice a week in and out
of the port for many years, to hail them at night,
or in thick weather, to ascertain both their position
and their proper course; and it is creditable to the
pilots of Liverpool that in no instance has either
such information, or even active assistance, been
withheld when required.
Now, suppose that, as the effect of this bill, the
large coasters and steamers, which now pay half
pilotage, and any considerable number of oversea
vessels shohld be enabled to get licences for their
own masters or mates, and thus evade the pilot
dues, what must be the result ? There is no public
body or individual compelled, by this or any other
act of parliament, to supply boats to guard these
dangerous channels. The pilots' committee of the
port, it is true, can, under their existing bye-laws,
appoint the stations of the boats licensed for the
service ; and, so long as they are so licensed, en-
force attention to those bye-laws. But they cannot
compel any owner of a boat to retain it in the
service ; neither can they compel any pilot to
renew his annual licence or to remain in the trade,
•which will have ceased to he profitable in proportion
to its danger. The result will be that, when we
have cut down the remunerative character of the
service, we shall find that we have cut down, at the
same time, its efficiency. We may probably have
three or four boats to guard the channels, imper-
fectly, instead of our present perfect guard of six ;
and the casualties will be increased in a far greater
ratio than this decrease of the means for their pre-
vention. We shall also have continually that
portion of our inward-bound shipping, which has
not availed itself, or cannot avail itself, of the pro-
visions of this bill, compelled, in adverse weather,
to anchor outside the banks, at serious risk and
expense, for want of a sufficient supply of those
very men whom, in our rage for economy, and
through the ignorance of the legislature, we have
driven into other employments.
It has been one of the arguments urged in favor
of this bill that, since the introduction of the prac-
tice of towing by steam, the services of a pilot are
less required than formerly. We deny, in a great
measure, the tenability of this position, without,
however, impeaching the advantages of steam
towing. The tug-boat has now become a necessity,
in many cases, especially with adverse winds, and,
in most cases, desirable on the score of economy ;
and, for this reason, viz., that we have of late so
enormously increased the size and tonnage of our
seagoing ships. Vessels of 500 to 600 tons, such
as were our largest ten or twenty. years ago, were
perfectly manageable, even with ordinary ad-
verse winds, by a pilot alone in our narrowest
channels. But we have now vessels coming to our
port of 1500 to 2,000 tons, so enormously increased
in size, that any other than so direct a course in
our channels as that, which a steamer only can give
them, is impracticable. A pilot, however, is not at
all the less required for such vessels ; and we may
remark, by the bye, that having only had given
to them increased size, and not increased draught
of water, the pilotage of these large vessels is little
above that of the old and smaller class. The same, if
not more, nicety, is required at the wheel in the
case of a vessel of large burthen swinging by a
cable astern of a steamer, as in that of a vessel
sailing unassisted; and the same intricate know-
ledge of the banks and channels is required in both
cases. Besides, the question remains to be asked,
if we rely upon the assistance of our tug-boats,
can we have it when it is wanted ? These boats will
not cruise outside of our banks in stormy weather.
They could not, profitably, even if they were will-
ing, and otherwise capable. We have seen our Pilot
Boats put out to sea, when not a sea-going steamer
in port durst stir from its moorings. And we
have seen, too, these boats remain outside at their
stations, when any other less perfectly formed and
fearlessly manned craft, would have run for safety,
and left hundreds of our gallant seamen, with
valuable shipping and cargoes, to strew our banks
with wreck.

Could we depend upon, or would underwriters
depend upon, the efficiency as pilots of the par-
ties urged to be appointed as such, after undergoing
an examination, under this bili ? We have already,
in a previous publication, referred to the qualifica-
tions, training, and experience required for a Liver-
pool pilot, previous to his receiving his license.
Let us see what more is necessary. In the first
place, the bye-laws of the Pilots' Committee insist
that "every pilot boat in the service shall once in
each year make an accurate examination and survey
of the following ports and places, viz. :—Lancaster,
Pile of Foudre, River Wyre, and all ports in the
Isle of Man, Beaumaris, and Chester." Again :
"The master shall keep an exact and accurate
journal of their proceedings, which shall con-
tain all such remarks and information as he

shall make or obtain relative to the lighthouses
buoys, perches, and other sea-marks, as well as all
rocks, sand banks, and other dangers, and the
depth of water within the limits of the survey."
This is to he done by the boats in turn, so that any
change which may have taken place is known
monthly to the whole body. Now, can any
seagoing master or mate, who may have been
licensed as a pilot, he in possession of the informa-
tion thus acquired, and acknowiedged by the com-
mittee's bye-law to be necessary ? Obviously not ;
neither can it be the interest of such parties to
devote annnally, as we presume they will be re-
quired to do, the necessary time and expense for
its acquirement. Besides, in nine cases out of ten,
the knowledge necessary to enable such parties to
pass an examination will be acquired from a study
of their charts, and not from such practical, daily
familiarity with landmarks, buoys, and bearings as
that in the possession of the regular pilot. What
man, for instance, without such experience could tell
with anything like certainty the depth of water at
the bar outside, at particular periods of the tide and
certain weather, when we know that even Liverpool
pilots often feel this a difficulty?
We know not any portion of our shipping interest
by whom this measure can be conceived to have
been demanded, with the exception of the owners
of our coasting steamers, upon whom certainly the
bureen of pilotage for services, of which they sel-
dom avail themselves, does seem to bear hard. But
even these parties would regret to see the efficiency
of the Liverpool body of pilots decreased, and the
opportunity of insisting upon the aid of a pilot in
season of difficulty denied them. A compromise
with them could easily have been effected, without
this most-uncalled for measure, which we feel con-
fident will prove a botch, most damaging to the
interests of a most usefui and not overpaid body of
men, and injurious also to the whole commercial
mrrine of the country.

The Free Traders are discovering some rather
singular arguments in defence of their Free Trade
policy. The first of these to which we shall draw
attention arises out of the unanswerable position
of Mr. Herries, that a small duty for revenue would
be paid by the foreign grower of grain, and is put
forth by the London Times. In the course of his
speech, Mr, Herries made the following striking
remarks :

" Upon the best computation he (Mr. Herries) could
make, the cost of corn imported into this country in 1848
had been about £12,000,000; and in the first five months
of the present year the value of corn imported had
amounted to about the same sum. He had made the best
calculation in his power, but he believed this was below
the real amount, because much of the grain lately im-
ported bad been of very fine quality, and had consequently
obtained high prices. If, then, it were true that the foreign
importer realised a profit of 25 per cent. upon corn brought
into this country, they had been paying last year £3,000,000
of English money, and in the first five months of the pre-
sent year about the same sum, as profit to the foreign
grower or importer."

The Times, in a great measure, admits the fact
that we are thus overpaying the foreigner; and,
strange to say, defends such over-payment as most
desirable, and even necessary to the national safety.
Taking the case of the United States, he says that
we derive one-fourth of our supply from them ;
and that their share of the enhancement of the
price of grain, caused by our withdrawal of protec-
tion from tl.e British grower, will be about £750,000
per annum. But, he argues, there are three grounds
on which we must make up our minds to pay this
subsidy. We will give our contemporary's views in
his own language :

" As it is a question of investment—that is, of recipro.
cal benefits—we will ask at once what are the chief wants
of this country ? We have three very good wants. We
want a regular supply of food for the increasing population
of Great Britain. We want an increasing demand for our
manufactures. We want an easy and a comfortable re-
fuge for the myriads starved out of these islands. Here
are three wants of incalculable importance and overwhelm-
ing difficulty. We could not possibly get on without some
means of providing for them. Leave any one of them
unsatisfied, and in a few years we should have myriads
starving in England as well as Ireland, and, what some
people will think worse, cannon in the streets of London
and Manchester. They are objects as imperious as the
defence of our soil from invasion, for any failure to supply
them would entail greater losses than defeat the greater
disgrace than capitulation."

With respect to the first plea—" we want a regu-
lar supply of food for the increasing population of
Great Britain,"—we certainly cannot think that, in
order to ensure that, it is necessary to give a pre-
mium of 25 per cent. to the American cultivator.
One would imagine that the best plan would be to
foster, as much as in our power, cultivation in our
own country, and in our fertile colonial dependen-
cies. Systematically raising the foreign market
against us, and enabling the foreigner to exact from
our necessities whatever terms he pleases to impose
upon us, is a curious mode of insuring for this
country the benefit of a cheap and regular supply !
As for the " cannon in the streets of Manchester
and London," we can only conceive the existence
of such a state of things on some occasion when a
disruption of our pacific relations with some of our
principal foreign markets of supply shall occur,
after we have become—by the discouragement
offered to native agriculturists—as dependent upon
them for our daily bread, as a parish pauper upon
the overseer for his daily or weekly dole.
" We want an increasing demand for our manu-
factures," and, according to our contemporary's
logic, we must give to the grower of the United
States more money for his produce than it is worth,
to enable him to buy from us. The Times, no
doubt, if we believe his own absurd doctrine, pays
fivepence extra for every pair of boots he buys, to
enable his bootmaker to buy a paper !
We want, too, a country which will receive and
employ our emigrating population ; and America,
our contemporary asserts, will not receive and em-
ploy them unless we give her a bonus upon her
produce in our markets. He remarks—
" We say, then, that without this free trade, which Mr.
Herries has represented, in a mythical form, as a gift of
£750,000 to the citizens of the United States, they neither
would nor could receive, year by year, a quarter of a mil-
lion fugitives from this country. Whether as a question
of temper, or as a question of resources, it is equally im-
probable that they would do what they are doing, but for
free trade. For these thirty years the annual influx of a
tithe of that crowd has provoked the bitterest feelings in
the whole seaboard of the Union. The working classes
have combined under the name of " native " Americans,
for the discouragement and even the exclusion of strangers,
who were supposed to import the degradation of our lower
classes, and by consequence the tyranny of the higher.
Statesmen have been compelled to recognise this feeling,
while philosophers have clothed it with the forms of en-
lightened patriotism and public necessity. What has ag-
gravated the evil, and given it local intensity, is the fact
that for many years there has not been sufficient induce-
ment to transfer capital, in whose wake population ever
follows, into the interior. Boston, New York, Philadel-
phia, and the other great maritime cities, have been
crowded with immigrants who could not move off fast
enough to leave room for new corners. Such was the case
when the annual arrivals might be 30,000 or 40,000. Can
we imagine, for a moment, that these jealous citizens,
ever ready for protective organization, and taught from
their birth to hate the name of England, would allow
nearly ten times that number to arrive every season but
for this annual " gratuity"—but for the knowledge that
England, under the pressure of a terrible calamity, was
making every possible sacrifice, was doing this in spite of
her aristocracy ? Without the least hesitation, and with-
out intending the least reproof to those jealous but gene-
rous citizens, we will answer for them that they would not
have received those £250,000 diseased and destitute
wretches year by year. They would have told our go-
vernment to feed them at home, and not to create an arti-
ficial famine by excluding foreign supplies."
A more astounding piece of fatuity than this we
never remember being uttered. We are first to
create a necessity for: the emigration of our agri-
cultural and industrial population, and then to pay
by a bonus for their being kept in another country!
We are asked to make cultivation in America more
profitable than cultivation at home ; to throw the
farming land of Great Britain and Ireland into
jungle, in order that American citizens may have
" sufficient inducement to transfer capital into the
interior." This is, from our contemporary's own
showing, what we are actually doing. He says of
American agriculture that—
" It can only prosper in the . market of the world by re-
ceiving encourcgement, that custom, in that market.
The opening of our ports has given it just that encourage-
ment ; it has driven capital westward, through a thou-
sand channels. to clear forests, to till the virgin soil, to
snake roads, bridges, railways, and cities. It is planting
Lincolnshires and Norfolks on the banks of the Missouri
and the shores of the Michigan. To these vast operations
the daily thousands that arrive at New York flow in a
continuous stream. It is the repeal of our corn laws,—
this gratuity of £750,000 per annum,—that has given that
mighty impulse to agricultural enterprise, and supplied
work for the exiles of famine."
Of course. We are " planting Lincolnshires and
Norfolks on the banks of the Missouri, and the
shores of the Michigan ;" but by the same
process we are destroying Lincolnshires and Nor-
folks at home. We thank our contemporary for
disclosing to us the nature of this very profitable
operation.
But, our contemporary insists that the result of

our persisting in a protective policy would have
been to tempt America to close her seaboard alike
against our emigrant population and our manu-
factures. Fortunately, however, the former evil
would not have been of a very formidable nature.
We have " Western wilds" and " Virgin soil" in
Canada. We have sites for planting Lmcolnshires
and Norfolks on the banks of the St. Lawrence,
and on the shores of our Canadian lakes, quite
as advantageous as those on the banks of the Mis-
souri and the shores of Michigan. We have
fellow-subjects in the former localities, and in the
latter only a people, whom our contempyrary says
" are taught to hate the very name of England."
Strange doctrine that we are to reject the affections
of our own fellow-countrymen to appease the
hatred of American citizens ! With respect to the
United States government refusing to receive our
manufactures, she will do no such thing, for the
very reason mentioned by the Times himself, that
" manufactured articles, whether textile or hard-
ware, she can procure cheaper from this country."
The second instance which we have to adduce of
the shifts to which the free traders have to resort
to reconcile the community to their favourite system
is contained in an article in the last number of the
Edinburgh Review. The writer has entered upon
the rather difficult task of convincing the farmer
himself that he is benefited by a decreased remu-
neration of his industry. It is contended, in the
first place, that low prices are advantageous to the
farmer, because the farm produce consumed by his
own family will he acquired at a low price. A
single moment's consideration will serve to show
the absurdity of such a position. A farmer's pro-
duce, supplied to his own family, costs him simply
a certain portion of labour, rent, seed, manure, &c.
It absorbs the same quantity of these ingredients,
whether wheat is at ss. a bushel or at 20s. It is a
less money amount abstracted from the yield of
his farm, in the former case, than in the latter ; but
it is a greater proportionate amount when prioes
are low. Take an example. A farmer occupies a
farm, for which he pays £lOO a year rent, which,
with wheat at 40s. per quarter, gives a gross pro-
duce of £4OO per annum, or, deducting rent, which
is an unvarying sum, £3OO nett : of this he requires
25 quarters, or £5O worth, per annum for his family's
use. This £5O will thus hear a relation to the nett
produce of one-sixth. With grain at 80s. per
quarter, his produce, deducting rent, will be £700;
anal as he will still require 25 quarters for his family,
which is now raised to the value of £lOO, this sup-
ply will be one-seventh only of the nett:yield of his
arm.

The second position of the reviewer is equally
fallacious. He contends that the farmer must be
greatly benefited by the prosperity which free trade
is to confer upon all around him. He completely
forgets, however, that the very object of free trade
is to enable all around him to carry their custom
to the foreigner. It is no benefit to us that our
neighbours are getting rich, if we find them spend-
ing the whole of their increased incomes with the
foreigner.
Such instances of fatuitous reasoning show indis-
putably that our philosophers feel themselves in a
corner. They impose upon nobody.

THE APBPOACHING FETE IN THE PRINCE'S

PARK.

The arrangements for this grand fete are now nearly
concluded; and a 3 will be seen from the advertised pro-
gramme in our first page, will present gratifications of the
highest order, and calculated to suit the fancy of all tastes.
All that is now to be desired is propitious weather. to
render the result of the philanthropic efforts of the vari-
ous committees an epoch in Liverpool's annals. In the
maritime contributions of every description are pouring
in with a lavishness which makes it quite impossible for
us to detail them. The following donations in money
have not yet been announced. Mr. John Bent, £5 ; Mr.
James Bent, £5 ; Mr. R. H. Frank, £2 2s. ; Mrs. R.
H. Frank, £1 ls. ; Mr. John Eden, £5 : Mr. Allan Pot-
ter, £5 ; Mrs. Garston, High Pastures, £5 ; Mrs. Rector
Campbell, £lO ; Major Oxford, £5.
The attractive character of the Fete is, we learn, being
recognised beyond our own town and neighbourhood ;
and we may expect to have present during the week a
large amount of the rank and fashion of the surrounding
districts. In addition to such visitors, we shall be visited
by a large number of the middle classes, from the neigh-
bouring manufacturing towns, cheap trips being put on
for their accommodation by tae various railway compa-
nies.

We have been favoured with a view of one of the
medals struck to commemorate the occasion. It is beau-
tifully executed work of art, very appropriate in its
design, and will be worthy of preservation.

THE COTTON TRADE.

EXCHANGE NEWS-ROOM.

In the early part of the past week our Cotton market
was much excited, the accounts by the steamer from
America continuing highly favourable to holders, arising
frome disease amongst the negroes and every appearance
of a late and short crop. As we stated in our last publica-
tion, spinners had secured an accession to their stocks of
a fortnight's consumption, and the accounts subsequently
received from India not being quite so favourable, though
of a temporary nature, arising from the lowness of the
rivers preventing the natives from bringing their produce
to market, and exchanging them for manufactured goods,
caused a slight lull in the Manchester market. Manufac-
turers availed themselves of this temporary check and
kept out of this market, hoping that their doing so would
frighten speculators, but yesterday and to-day there has
been a better feeling, and prices close at the currency of
this day se'nnight. Should the trade persist in this line
of action, and starve themselves of an ample supply of the
raw material, they will commit an act of suicide to their
own interests which they will most assuredly rue. The
accounts from the Continent are daily more assuring of
our having. at all events, a few months of peace and in-
dustry. The blockade of the Elbe will be raised in a few
days, and the differences between Austria and Sardinia are
in a likely train of being amicably settled, if not already
accomplished. The import of cotton will decrease weekly,
and, with the unparalleled consumption, not only in this
country, but in other consuming countries of this article,
a considerable diminution in the stocks must inevitably
take place, and nothing but a very considerable falling off
in
,the consumption, which is highly improbable, from
present appearances, can check an advance in prices. The
late rain, though heavy in some localities, has done no
harm to the prospects of an abundant harvest ; but, on
the contrary, has been highly beneficial. The money
market continues easy, with every prospect of its remain-
ing so, and there is every prospect of our having a good
autumn trade. The steamer Canada, from America, has
arrived, after an unprecedented short run, and brings a
week later accounts. The receipts had again declined,
and the crop will most undoubtedly be under our estimate
of 2,700,000 bales. Prices had advanced another half-cent,
and the general impression was, that under the most
favourable circumstances the coming crop must be a
moderate one. The stock of cotton in the States was
much reduced, being only 173,000 bales, against 239,000,
not taking into account the balance of the crop in the
interior, probably some 20,000 bales, and the shipments
to England were very small, being only 9000 bales for the
week, so that the season may be considered closed for
some months to come, and the question of a supply from
America set at rest. The shipments were comparatively
large to the continent, being 5000 bales, and it is a re-
markable fact that exporters took out of this market last
week 7000, thus showing the great requirements for the
manufactories of Europe, notwithstanding the trouble-
some times. Further, this is the cheapest market for
American Cotton. Fair Boweds are worth 5d., and fair
Orleans 51d., whilst by the present advices from America
they will stand 51d. and 51d. lb. On the Continent
prices are advancing weekly, and rule above our quotations.
P.S.—The overland mail is just telegraphed, and the
accounts, as we anticipated, for our manufactures, are
decidedly more encouraging, both from Bombay and
Calcutta.

APPROACHING CELEBRATION OF THE OPEN-
ING OF THE NEW CONCERT HALL.

The arrangements for the opening of this fine building
are now complete;, and include a list of the most splendid
classical works of our best musicians, to be produced by
the most distinguished vocal and Instrumental artistes of
of the present day. Amongst the vocalists we number
Mesdames Grisi, Alboni, Catherine Hayes, Jetty de
Treffz, A. Williams, M. Williams, and Viardot Garcia;
Signori Mario, Lablache, Bartolini, Tagliafico, and Polo-
nini ; Messrs. Sims Reeves, Lockey, Benson, Whitworth,
and Herr Carl Formes; and, amongst the instrumen-
talists,—Piano, Messrs. Halle and Benedict :
Herr Ernst : Violincello,—Si gnor Piatti : Double Bass,
—Signor Bollesini : and French Horn,—Mons. Vivier.
The band has been selected from the opera house of
Covent-garden and her Majesty's Theatre, and will num-
ber, with local talent, 90 performers. The chorus will
number 220 performers. Messrs. Benedict and J. L.
Herrman will conduct, and Mr. W. J. Best preside at the
organ. The week's entertainment will conclude on Friday
evening with a grand fancy ball.
The pieces selected for each day are—on Monday even-
ing, a grand miscellaneous concert, introduciug the whole
of the leading artistes. On Tuesday morning, Mendelsohn's
Elijah, and in the evening a grand miscellaneous concert.
On Wednesday evening a grand miscellaneous concert, in
which will be introduced some of the music of the new
opera "Le Prophete." On Tuesday morning, the
Messiah; and on Friday mornings, Rossini's Stabat
Mater, Mendelsohn's Land of Sion, and selections from
Israel in Egypt, Solomon, &c. A more splendid selection
of music and of talent was never before offered to the
Liverpool public.

THE CHOLERA.—M. Majendie, the distinguished phy-
siologist and president of the Academy of Medicine in
Paris, has just arrived in this country on a mission of en-
quiry from the French Government as to the progress and
treatment of cholera in England. M. Majendie has had
interviews with the General Board of Health on the sub.
ject of his enquiry.