The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1847-10-26 00:00:00

DISINTERESTEDNESS AND CONSISTENCY OF

OUR GREAT BULLIONISTS.

The Bankers' Circular, in a recent article upon the
currency question, gives the following striking sketch of
the rise of two colossal fortunes upon a paper-money
foundation and with paper-money materials, and the
subsequent conversion into gold of the structures thus
reared :

" The revolting part of the subject is, that which re-
lates to the personal position, in connexion with the ex-
isting money law, of the two men who mainly caused the
infliction of all the ruin and misery under which the peo-
ple are sinking.
" Sir R. Peel and Mr. S. J. Loyd are two persons of
enormous wealth produced by an excessive use of credit.
On starting in life their fathers were poor men of great
faculty, bold enterprise, and good conduct. They lived
to be ranked among the most conspicuous ' millionaires'
of their country by what their sons would now call the
unwholesome use of artificial credit. Sir R. Peel lived
and carried on his works at Bury, in Lancashire ; he
there issued £1 notes to pay the wages of his workmen.
He also established a warehouse in London for the sale
of his goods, and on that warehouse he drew what were
then known in Lancashire as ' pig upon bacon' bills, at
two and three months' date, to pay for the raw materials
of his manufacture. He forced this credit to such a de-
gree as for a time to deprive himself of the- means of
paying with punctuality the duties on his calicoes, and
the officer of Excise held possession of his premises in
Milk-street for six weeks for arrears of duties.

" When Messrs. Jones and Co., of Manchester, corn-
,menced the banking business there, they drew bills at two
and three months' date on some relatives of the same
name, who, we believe, carried on their affairs in Wat-
ling-street. When that house retired from business,
Jones and Co., of Manchester. opened an account with
Vere and Co., bankers, in Lombard-street; and the
amount of bills drawn from Manchester on this account
was so large and extraordinary as to alarm Vere and Co.,
who hastily resolved to refuse to accept them, and they
were dishonoured for non-acceptance, Vere and Co.le h . hold-
ing,si we believe, all the time ample security in
of Lancashire bills for all that had been drawn upon them.
In these circumstances Jones and Co., of Manchester,
being in a thriving condition, having a prosperous busi-
ness, and being necessary to the trade of the district, on
consulting their friends and customers who were called
to deliberate on the case, were at once advised to open
their own house in London, and be no longer dependent
on the caprice of the timid and cautious London bankers,
who know nothing of the great power and salutary uses
of mercantile credit. This advice was adopted, and such
is the firm of Jones Loyd and Co., which now stands at
the head of the banking interest of the city for wealth,
skilful management, and, we believe, yearly professional
income. What our dogmatical currency reformers, Mr.
Samuel Jones Loyd and Sir R. Peel, would now call
artificial credit forced to excess,' was the foundation of
this eminent banking firm ; and we should like to see a
return made to parliament of the amount of pig upon
bacon' bills drawn upon it from Lancashire in every year
from 1795 to 1847 inclusive."
It would be instructive if we could know how much
one of these worthies—Mr. Samuel Jones Loyd—realises
out of every successive money pressure, which their joint
plan of currency regulation creates. Of course it would
be illiberal to entertain the supposition that the right
hon. baronet ever trades at all. lie looks on at every
periodical turn of the screw which be has invented to
crush the national commerce and prostrate its industry—
which is closing our mills and our mines and our banks,
ruining our merchants and our manufacturers, and pau-
perising our labourers—with stoical indifference, so far
as regards pocket interests. But the millionaire banker.
as he sees the capital raised by other men pouring into
his own coffers,—as he gathers in lands, houses, railway
shares, and the varied produce of years of enterprise and
industry, caught by the golden bait which he has assisted
in setting,—cannot reasonably be considered so disinte-
rested a being. Sir Robert is only the philosophic doc-
tor, watching in the writhings of his unhappy patient the
operation of some newly-discovered nostrum. His coad-
jutor sees in every convulsive effort of the patient a fee
slipping into his hand.

THE MONEY PRESSURE.
THE BANKS AND THEIR DEPOSITORS.

[The following was published in a second edition of the
STANDARD of Tuesday last, and as the statements are
of abiding application, we repeat them here.]
We have no new disasters to record as having taken place
this day, if, however, we except the fact that the Liverpool
Banking Company have solicited from their depositors
their forbearance for a few days, until the severity of the
present pressure is overcome. We are not, however,
aware of any parties being refused payment when insist-
ed Upon. The feeling amongst merchants and other
classes continues in a very feverish state ; and rumour is
busy with her hundred tongues. Nothing definite has yet
been arranged with respect to the relief of the Royal Bank,
whose stoppaq we announced this morning, from its present
state of inactivity. Expectations, however, are still en-
tertained that some assistance will be rendered to it, but
on what terms, or in what shape, has not transpired.
We learn that very great exaggerations are abroad with
respect to the position of this concern. A local contem-
porary, after referring to a rumour that one house has
been accommodated to the extent of £400,000, and that
two other houses have had between them an 4111101111 t
which makes up in all nearly a million of the capital of
the bank, states, that whilst giving such great faci-
lities to these three houses, " no extreme liberality has

Oct. 26, 1847.

Characterised its proceedings among men in ordile,
business." We are assured, on good authority, brill:
first place, that the latter statement is greatly exaggerate.'
With respect to the charge of neglecting men of ordinal
business, we are authorised to state that the Royal P
has been ever ready to assist, as far as applied to, the why!:
mercantile community ; and in many instances it has Ow
extended its assistance to the constituents of some other
banking houses.
We regret to observe symptoms of a movement
place, which, if persevered in, must still further ina;ol,
the difficulties which surround commercial men.
refer to the demands which are being made upon cerr,
banks by depositors, who have taken alarm for the
of their deposits. It is most important that this fee'imr,
should be allayed • and we would earnestly impress taft
our readers and the well-informed portion of the Pn7,.
to do everything in their power to allay the appreb
sions of the few timid people who are making such Lair
chief.

These parties should be reminded that the banking in:
terest of the country is now in a very different position
that which it occupied in the disastrous crises of 1816
1825, in the latter of which years seventy banks failed, sul.
the average dividend paid did not exceed ss. in the powt"
The majority of our banks now are conducted on the jog"
stock principle, by which the whole property of every Pr;
prietor is liable in case of the bank not meeting 1
engagements. It is a fact to be set against the
coil ection of former losses by the failure of private bark*
issuing their own notes, that there has not been as get
instance of a joint-stock failing, in which every delof,;
tor was not paid in full, with interest. Moreover, 10
few cases of suspension, the depositors have been
first.
-With respect to the present position of the banks of 14
verpool, we are certain that the depositors need be novo
no apprehension. It is well known that our three priTIL
banks are full of money, having prepared themselves
forehand for the possibility of a contingency like thes?
sent. Our joint-stock banks have also for months
been restricting their operations, and providing them w,
with cash to meet any sudden demand upon them.
have authenticated information of one which, if necens°';
mom
prepared to pay back the whole of its depositors' 31:;$
to-day ; and we have little doubt that others are, if
a l toT
hg ee
eh eear ,
ea th
el ens set
dnee au
,jr Ity
ea;
twheel
fsaicttuattheadt.
the restr ti°
efforts which the Banks have had to make to ,lace
,4"'
selves in this position has seriously increased nreS9
on the public and the embarrasment of our coThmercei
Each Establishment has been placed under the necessity of
keeping a large mass of capital locked up and idle, instead of
iC
its being circulated in the ordinary channels of busineo
Only let those for the payment of whose claims thii
hoarding system has had to be practised—the depositolf
—throw away their absurd fears, and manifest more 0:111'
fience, and the money, at present withdrawn from tracte!
will be brought out, and the commercial energies of Or
country receive new life, and assume their usual healthY
action.

147.
()Hine'
in•ths
r-gcrated'
OrdinarY
-al Bank
he he whole
has even
ne other

t taking
i n creak
n. W.°
certain
safetl
feelia
-cs upon
(. public
)preliep-
ich

trictivo
then"'
ressure
t mercer
ssitY 401
;told
Isinest?
ns thle
)ositons
re Coo°
I trade.'
of thy
aealthY

lioug
doeu-
iterest
• more

lg the
lasses,
ig the
❑g is
use of

of.
Se~
Ten'
e the
crime

into
erallY
ion of
g, yo
that,
Lao-
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;O'er-
r big'
ignifr
cool'
went"
inter;
rers--
fewer

S no°
yids-
imong
Le ill'
)en(b-
rs and
imber
int of
ach—
m• was
rages.
tamed
Le per
.S rose
Ind JO.
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tween
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lin 1,
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72 per

ion
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could
could
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Jack

!et• 26, 1847.

total fleln9.

It is expected that the telegraph communication be-
tw.l. 'eh London and Liverpool will be completed before
e end of the rear.
121 r. George 'Holt has been brought forward by the
13,71ea1s for West Derby Ward. Mr. Josias Booker is
7,Ponservative candidate.
Ilfienry Dauson, Esq., has been elected a trustee of the
used Vi -Wailers' Institution, in the place of James
„.sq deceased.
an ain Dod, Esq., of this town, has lately purchased
if estate of 335 acres, called Snodhill Park, near Hay,
streeeret.
fordshire, from Mr. Wm. Williams, of Ranelagh-
Oo the 17th ult. John Bell, millwright, was engaged
C rbeimiring a small spout at the Rice Mills, of Messrs.
li Simpson and Co., Burlington-street, when the
' to the main shaft caught him and broke his arm.
He, 'lied of the injuries last week.
11.,„„ls RoyAL BANK.—The paid-up capital of this bank
'pait'u,ooo, in shares of £l,OOO each ; £5OO only being
eve 4P. A few days prior to its suspension the shares
be „, selling at £865 each, being £365 premium. It may
a/kr,eLntioned, that the number of shareholders is 250,
n 'lst it was established in the year 1836.
I,,lt's',ll Monday, the body of Hugh Donnelly, a labourer,
the found floating in George's 'Dock-gut. The wife of
ga deceased deposed that he had been missing since
t
evid_urdaY. He had a penny in one of his pockets. No
wrernoe was produced to show how he had got into the
4.°1 Monday, Terence M‘Cain, a boy fourteen years old,
4. under the
in the following circumstances :—Three weeks
ce he wasact of ascending the stage of a vessel
'let at the Brunswick Dock: when a splinter entered on
fthe toes of his left foot. It was poulticed, but he bee%tine worse.
,The prize medal awarded by the Council of the Veteri-
7rT Medical Association, London, to the pupil of the
.'41y8.1 Veterinary College, who dissected the " fore extre-
,lTlties of a horse, shewing the arteries, veins, nerves,
ligaments, and muscles—the foot being removed and
eParately prepared in the best manner—has been gained
;): Mr. B. Cartledge, veterinary surgeon, Bawtry, son of
Ir. Cartledge, Nottingham Arms.

DEATH BY DROWNING.—On Saturday, an inquest was
hold; before the borough coroner, on view of the body of
David Campbell, aged 27, a seaman on board the snip
'il'oassian, lying in the Salthouse Dock. Deceased was
regiaged taking a bolt out of the stern of the vessel, when
in irtllis i•i?°tiog and fell into the dock. A man jumped
did- fc ' a 'Am, and a plank was thrown out to him, but
almost immediately, and when got out was quite
Verdict, " Accidental death."
cT
ran AT KIRKDALE.—The inhabitants of Kirkdale
were both entertained and instructed by a highly useful
(14 Practical lecture, delivered by Mr. Sutton, of Lon-
-04, in the National School-room, on Monday evening,
4111% electricity, magnetism, &c., exhibiting the various
th:o
strrtant applications of that very interesting science to
'lsies of every-day
-da life. The lecture was illustrated
kin
g experiments, and gave great satisfaction to a
"no and respectable audience.
A.
COMPETENT MINISTRY.—The ()rain Chronicle
that •
%al the impression left on the minds of the Liver-
deputation,▪ : after the interview with Government,
lo that'Laat `` the Chancellor of the Exchequer had not up
of the
Period been thoroughly acquainted with the extent
711),e alarming pressure that existed." The Liverpool
tluT, another Whig paper, clenches this by adding, that
lt.lll,4llneipal ministerial speakers were Lord John Rus-
-1 Charles Wood, neither of whom possesses the
AL" ZZ: Practical knowledge of commerce or banking."
tok-"LY pair, then, to preside over the affairs of a great
bterolal country.
Okiketi, OF A FEMALE ON SHIP-BOARD.—A woman,
Maly Ross, who was a passenger on board. the
2r 'n ship Sheridan from New York, was taken ill on
firer ' While the vessel, after her arrival, was lying in the
tern j;ltid died on the same evening. One of the passen-
tea had said that she had a bottle of laudanum, which
oon board empty. An inquest was held before
ii,„l"let'Qett' Yesterday. Mr. Woods,. surgeon, however,..n
""4t deft_
_-lag a post mortem examination, was of opinion
a Verdi' -~4edd had died from congestion of the lungs, and
soye,°.f " natural dea_t.h" was accordingly returned.
ithFosi vigns were found in a belt round her middle.
-'119,,.,C -71 T HALL, LORD NELSON-STREET.—This place of
ltain -eat, so often with pleasure reverteto, will be
when
ottp loPened to-morrow evening, (Wednesday,)
IQYlnsroan Mr Henry, gives a grand c.oncertd; his
be Of fare • * t inviting, and the hall will nodoubt
reirwded to excess.lsmos In addition to the professionals,
tr/otteral amateurs, announced in his excellent pro-
exceire, we learn that Mr. Henry intends delivering an
taie,:en,t address on the " Encouragement of native
tjva most interesting subject, and one calculated to
z e the reproach of Liverpool being a less " musical
Ulan its neighbours. We hope to find Mr. Henry's
-",;alPations fully realized.
weirsirNerAL co MESSRS. PEERS AND YOup.—On
Edgeheill ajeffelniiinoT a public dinner took place
splendid service at the
Of stur the occasion of presenting a
Peers and Peter "i7ouPd, from the ratepayers to James
the honorary
the township of West Desrlr,.aa' a testimonial of their ap-
preciation for
of the services rendered by them to the town-
ship. The service of plate presented to Mr. Peers con-
sisted of a massive silver salver, tea and coffee pot, sugar
•
"10, cream ewer, &c. The plate presented to Mr. Youd
forksisted of a tea and coffee pot, sugar basin, cream ewer,
knife and fork, gravy spoon, and two dozen silver'
Gags. About About forty gentlemen sat down to dinner, James
t5„34111, Esq., being called to the chair, and Josias Booker,
104' to the vice-chair. The health of Mr. Cleaver, the
willktd assiduous law-clerk of the township was drunk
144sti,P1:11,enthusiesrn, us was that of Mr. Dolling, the
1-• 10A atilt assistant overseer.
Itc-L---On Monday the London Standard stated that
Causewrt Peel did not visit the Liverpool Exchange be-
°Ann' 7r• Rushton said it would not be safe. The fol-
k), ,l'lthe supposed substance of the advice :—" Neither
t(lb, Verymes nor the services of the police, are at all likely
necessarynlade by Sir Robert Peel's visit to the
Jibe r"ge, where, I think, he is quite secure against posi-
0441:Vt. But if I am asked my. opinion, whether he
ft to go there, I say do not go." On Wednesday the
air, D"ra published an apparently genuine letter from
e' "'Milton, denying that he had given the alleged ad-
g‘yilitllo. greatly laudatory of Sir Robert Peel. On Fri-
tll6 owever, the Mercury printed a bona fide letter from
alr irtilY stipendiary, repudiating that communication.
tn.iliton adds, that on one occasion Lord Lyndhurst
still b.i_l_tto a " Whig and something more," and that he
8.1.-45 no objection to be so denominated.
le JAMES'S SCHOOL BAZAAR.—Our readers will ob-
hat,,°Y an advertisement in another part of our paper,
to .'oe bazaar for raising money to enable the committee
,qitre increased accommodation to the Infants' and
rotL School in connection with St. James's Church.
Asa:4ll-park, will be opened in the Great George-street
14-kbly-rooms, this morning (Tuesday). Every possi-
iih,- „,kleans have been used to give publicity to the objects
41.--,lvu. at by the benevolent promoters of this bazaar;
t% t%l,- understznd that, through their exertions, the
LC display of articles of the most unique descrip-
-4°ll will be on view at the different stalls. As the object
eater for for which all our readers, we trust, are firm advo-
the
u to promote sound scriptural education among
of str en pf the poorer classes in the populous district
ees9• ,__,coymfeasirs.;;iil, the number number of visitors and purchasers at
hope, be such as to ensure its sue-
THE tivE
deputatian f Dcpoi,
rein this ATION TO THE PREMIER.—A
Brown, in
/4,t'wn, consisting of the Mayor, r.
Wylie, Mr. Hors"fall • *•-ehaPrnan'
4111•J•Triru_ Turner, had an Mr. Stuart, Mr. A. H.
.. Russell, in Downing.H. Homby, Mr. Nicol, and
Interview on Tuesday with Lord
street, in order to represent
,Zpla lordship the present distressed condition of the
17141fIlettlring and commercial interests of the country.
,101,PlY to the representations of the deputation, Lord
4,21 Russell is understood to have expressed thee_adseseei:
athY felt by the government for the numerous classel►hms
h Were at present suffering from the effects of the a •
raa„, and distrust so generally prevailing. The govern
he said, had anxiously weighed every. measure of
th,,' that had been proposed, and they did not preclude
Ill'-,t,nisseives from further considering any suggestions. that
feriL.4 be offered ; but hitherto every description of inter-
that had been proposed was likely, in their opi-
4°'' to bring on a recurrence of the present evil, in an
gloated shape, at a future time.
e,lbv
ts'itko 'NCE OF MONEY BY GOVERNMENT yoR. BlRKEN-
'sirk,s; The tide of fortune is again setting in towards
11Qt'llaead. The docks, and the important works coo-
vet ed therewith, which were almost spurned by the Li-
e(411:°01 Dock Committee, the other day, are about to be
tthealeted at government expense. Yesterday (Thurs-
torti,„. Proposal was received from government. The dock
kkilett,,i,ssioners were summoned at three hours' notice,
trrteen of them attended a meeting at three o'Flo_ck.
'ore tialt meeting the proposal of government was lsid.be-
tim, e'n• It is to this effect ;—The government is to
the Possession of the piece of made land on
"orth side of the entrance to the great float,
the-etoissioners of Woods and Forests, they engage to pay
!elv:Pense of completing the sea wall, reserving to them-
'arid the right of making any use they think fit of the
tetiai ood to make as many slips and sluices as they may
!Lie it is supposed that this stipulation is made with
4he 'ew of converting a portion of the land into an arsenal.
50and
guest'alerlready expended on the sea wall is £21,000,
mated that, to complete it, £44,000 more
tive necessary. This amount government offers to
4404111 the conditions above named, and, in addition, to
float e° 150,000 for the purpose of finishing the great
'2tiond embankments, so as to bring the dock into con-
business : not to do all that was planned by Mr.
ates,,r4. The government are to receive, in part, as col-
IL ig security, township bonds to the amount of £55,000.
eext `"`rt, her proposed to remodel the trust by an act of
„Will 1)7, lon. Instead of the present board, the dock trust
Placed under the direction of thirteen commission-
tlll.,;sl-1 to be elected by the ratepayers of Birkenhead,
401171. hY the ratepayers of Wallasey, three by the dock
%toVoids? e g vernment to have the right to
oatfc:„lle,_to onse,awnhotshall°be chairman of the board. We
itatraLand these proposals met with general concurrence,
4,,teissir,st a favourable answer, signed by ten of the oom-
'oe Zero, , was despatched to London on Thursday night.
slid ti,"P'Y of the government is expected in a few days,
11, •en the bargain may be said to be complete. This
oth,,llldeed, be glorious news for the landowners and
teut-14terested in property in the splendid, but at pre-
atet -mmost deserted, town of Birkenhead. We may ex-
We hilew to find the township every day Improving, and
Will be the day is far distant when any further check
eitPven to the increase of the trade and commerce
jt hot' side the Mersey.—Mercury.
that IP be seen by an advertisement in our first page
'l4‘oet ••w P.Lime Jones, perfumer, &c., has removed from Cases-
-street.

THE RUN ON THE BANKS.—The following remarks of
the Liverpool Standard, in reference to its own town and
the country at large, are so sound and correct and so ap-
plicable to the present crisis, that we commend them to
perusal.. [Our contemporary here gives the article which
we published last week in a second edition, and which we
reprint to-day.] These remarks are peculiarly applicable
to our own city and county, where there has been a re-
markable absence of speculation. In' Bristol and its vici-
nity we are only suflering partially, and that from the in-
direct influence of other commercial towns less favourably
situated. Confidence, however, is the basis of credit, and
the withdrawal of any portion of that confidence propor-
tionally aggravates the severity of a monetary crisis like
the present. From the absence of speculation above
alluded to, and the stability and prudent management of
our banks and leading mercantile firms, the inhabitants _
of this city and neighbourhood have every reason to con-
gratulate themselves; and here we may escape the pres-
sure and its consequences, if they will only continue to
act on the sound advice of our Liverpool contemporary.
If the public individually withdraw and hoard their money
from groundless alarm, they lose the advantage which it
would yield to them and to others at a time when money
is in general demand. As soon as the receivers and dis-
tributors of capital perceive this disposition on the part
of the public, they necessarily begin to act on the defen-
sive, and refuse the usual accommodation. What a pic-
ture does the Liverpool Standard give, when it states—
" We have authenticated information of one of our banks,
which, if necessary, is prepared to pay back the whole of
its depositors' money to-day ; and we have little doubt
that others are, if not altogether, at least nearly as well
situated." No wonder, then, that the trade of Liverpool
is stagnant fcr want of pecuniary accommodation.—Bris-
tol Mirror.

CHARGE WI INFANTICIDE.—An inquest WaS held on
Saturday before Mr. Currie, on view of the body of a
new-born male child. Mary Ann Walmsley, a widow,
residing at 84, Upper Pitt-street, said that about seven
weeks ago a young woman, named Charnock, came to
live with her as servant. In about a fortnight afterwards,
witness observed an alteration in her person, and told her
that if she (Jane) were a married woman, she should say
she was in the family way. The reply was, that it was
the want of a pair of stays at she looked such a figure,
and that she was not so stout when she left home. She
went out the same evening, and bought a pair of stays.
On Thursday afternoon last, she complained of being ill,
and was told to go to bed, which she did. She remained
in bed that day and night. On the following morning,
witness took her up some tea, and she then said she was
much better. That forenoon she came down to the
kitchen. - Witness went up to her room, and was surprised
to find the bed made. Witness, surprised at this, and on
turning down -the clothes, missed the sheets. Witness
then called her, and told her she suspected something
wrong. She also asked her what she had done with the
sheets. She said she had marked them, and taken them
off the bed, and put them into a cradle in the room. Wit-
ness then asked her if she had had a child, and she made
no reply. She next asked if she had murdered it, and
she replied that she had hot. Witness went up stairs,
and found the sheets, soiled, in the cradle. Mr. Moore,
surgeon, was sent for. He examined the young woman,
and said she had been delivered. He questioned her, but
she was seized with a fit and could not reply. The sur-
geon and witness then made a search in the room, and at
the back of the bed found the body of ,a male child, tied
up in a pair of old stays. A police-officer was sent for,
and took her into custody. The daughter of the witness
said she had also suspected the prisoner of being in the
family way, and accused her of it, but she denied it. She
corroborated, as did another witness, the principal facts
stated.—The prisoner was not in court, being yet too
poorly to be removed.—Mr. Moore, surgeon, who had
been called in, said he was present when body of the
child was first found. It was a male child of about eight
months old. He had since made a post mortem examina-
tion. The umbilical cord had been cut but not tied. At
the external root of the neck he found a dark green spot
of about 11 inch in diameter, with an abrasion of the
skin—presenting a slough y appearance. On dividing the
skin he found eccymosis (or great extravasation of the
blood) under the skin. From the appearance of the heart,
lungs, and connecting vessels, he had no doubt but that
the child had been born alive, and that the cause of death
was pressure upon the windpipe, producing suffocation.
He was also of opinion, from the appearance of the spot
on the neck, that the pressure was effected by the fingers,
or some blunt instrument. The pressure might possibly
have been occasioned during parturition, but not by the
act of parturition.—The coroner addressed the jury, stat-
ing the law of the case, and they immediately returned a
verdict of " wilful murder" against the mother, who will
be committed to Kirkdale as soon as she can be removed,
previous to being tried at the next assizes.
SHIPWRECK OF A LIVERPOOL VESSEL.—The barque
Lord Wenlock, Captain Charles Caine, 656 tons register,
belonging to Mr. Reuben Hemmingway, of Liverpool,
left Bonny, on the coast of Africa, on the 14th of July,
bound to Liverpool, with a cargo of 700 tons of neat palm
oil, worth about £25,000. She had a crew of 31 hands,
and one passenger, Mr. Alexander M`Millan, of Scotland.
The Lord Wenlock touched at Fernando Po on the 18th
of July, and nothing remarkable occurred on the passage
home until the night of the Ist of October, when the ship
was overtaken by a tremendous storm from the westward,
veering round to the north-east and east, which, about
two o'clock in the morning of the 2d instant, in lat. 48 5
N., long. 18 25 W., off the south coast of Ireland, carried
away the ship's foremast and maintopgallantmast, and
damaged the head of the mainmast. At seven o'clock the
mainmast went by the board, carrying the mizenmast with
it, and disabling the weather pump. The ship was now
leaky, completely dismasted, and became entirely unma-
nageable. Every effort was ineffectually made to keep
her head to the wind. She rolled incessantly, and the sea
washed over her like a half-tide rock. Her loose spars
very flying about the decks, and the casks of oil in the
hold broke adrift and got started. All her bOitts were, one
after the other, washed away, and the water casks stove
in. In this unfortunate condition, the pumps constantly
going, with no fresh water, and their only provisions some
biscuit and a small cask of wine, the weakened crew con-
tinued until Sunday, when, from among several ships
observed, one vessel, a brig, of about 200 tons, though
sufficiently near to see them, did not or would not do so.
and the crew of the forlorn barque became heartstricken,
and it was with great difficulty Captain Caine could induce
them to continue their work at the pump on their poor
allowance of three glasses of wine each daily. Providen-
tially, on Tuesday, the sth, the barque Volant, Captain
M‘Murchy, five days from Liverpool, belonging to, and
bound for, St. Andrew's, in British North America, bore
down, about nine o'clock in the morning, towards the
famishing men, and at great risk sent a boat to their
rescue. The sea was on so strong that the boat durst not
come near, for fear of being stove; and the crew of the
Lord Wenlock were thus, to save their lives, compelled
to leap from the wreck and swim, or be hauled by ropes
to the boat. At the time the Volant hove in sight there
were 3A- feet of water in the hold, and at twelve o'clock,
when they finally abandoned the wreck, the water in her
had increased to 5 feet. In all probability she went to
pieces the same night, when it blew a heavy gale. Besides
their lives they could only save the chronometers, ship's
papers, and a portmanteau. Captain M`Murchy treated
the hapless crew of the Lord Wenlock with every conside-
ration. On Sunday, the 10th, they fell in with the Dutch
ship Zeeman's Hoop, bound from Batavia to Amsterdam.
Her commander supplied the Volant with provisions for
the increase to her crew, and received Captain Caine, his
mate, passenger, and six hands on board the Zeeman's
Hoop. These nine, after receiving the kindest treatment
from the hospitable Dutchman, were put into a pilot boat
in the English Channel on the morning of the 19th, and
the same day safely landed at Plymouth, whence those
requiring such aid will be sent to their homes by the local
branch of the Shipwrecked Mariners' Society established
there.

NEWLY-INVENTED TRAVELLING CARRIAGE, REQUIR-
ING NEITHER STEAM NOR HORSE POWER.—There is
now exhibiting at the Music-hall, in Bold-street, a
newly-invented carriage, constructed to travel on common
roads at the rate of ten miles an hour, the propelling of
which is entirely effected by machinery within the body of
the carriage itself, neither horse nor steam power being
requisite. It is the invention of Mr. Parries, of Preston,
for which he has recently obtained a patent. The vehicle,
which has an exceedingly neat appearance, is of the size
of an ordinary carriage. The machinery is situated in the
front part of the carriage, but being enclosed, is not at all
seen when the carriage is in motion, the vehicle moving
along as if from no apparent cause. The propelling poorer
is obtained by the working of a cylinder traddle-wheel,
which acts in connexion with a number of bevel cog-
wheels, producing both power and speed at the driver's
pleasure. The mode of working the cylinder wheel resem-
bles that of the tread-mill, but the general construction
of the machinery renders this part of the labour very light
and simple ; so much so, indeed, that we learn one person
may conduct the propelling of the carriage for a distance
of thirty or forty miles. without incurring fatigue. There I
are also a number of breaks by which the carriage may be
easily stopped, or the pace slackened at pleasure. In the
upper part of the machinery there is a kind of rudder, by
means of which the carriage is steered or thrown to either
side of the road which may be requisite, and any other
vehicle may be passed or met with the same ease and
facility as with an ordinary carriage drawn by horses.
This is effected by what we have described as the rudder
being connected by iron rods with the fore-wheels and
axles, by means of which they are turned to the right or
left, as required, the carriage at once following in the same
direction. The ease with which the carriage is worked
may be imagined when we state that the same person who
works the cylindrical wheel can, without any difficulty,
also attend to the steerage department.i The driver is
placed so as to have a full view before him ; and the front
of the carriage being open for that purpose, he has a clear
sight of any approaching vehicles. The axles and wheels
are made upon an entirely new principle, the sole inven-
tion also of the patentee. In the construction of the
machinery the inventor has had regard to the difficulty of
so arranging the propelling power as to meet the obstacles
of steep ascents. From the manner in which the carriage
works, this point seems to be successfully accomplished.
We have minutely inspected the exhibition, and whilst we
were present, the carriage ascended an incline of three
inches in a yard with apparent ease. There is, however,
greater difficulty in ascending an incline than in travel-
ling on a level, and the speed is consequently not so
great in the former as in the latter case. This singular
invention, which we learn, has engaged the attention of
the patentee for many years, is one of great curiosity,
and seems to render it exceedingly probable that, at no
distant day, it will be available for practical purposes.
Indeed, we cannot see any reason why it should not be
so, more especially for cab or omnibus purposes. The
model carriage, now exhibiting, will carry twelve persons,
and we understand that the machinery is adapted for the
construction of different descriptions of vehicles, of either
a larger or less size. It has been visited by great num-
bers of spectators, and will, doubtless, for some time, be
an object of great attraction to the curious. We recom-
mend our readers to. hare a peep at this interesting aid to
locomotion.

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