The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1854-06-06 00:00:00

i2Elanteb.

rNATIONAL SCHOOLMASTERS. --
WANTED, at Midsummer, for All Saints' Church
School, an experienced MASTER. who has a Certificate, and
can give unexceptionable testimonials as to character, ability,
Ito. A convenient Residence is provided, and a moderate
Salary will be given.—Letters (prepaid) addressed to the Rev.
H. MARLEN, All Saints, Liverpool.

TTIVERPOOL DOCKS.-LOANS OF MONEY.
4 —The COMMITTEE of the LIVERPOOL DOCKS do
HEREBY GIVE NOTICE, that they are willing to receive
LOANS of MONEY, on the security of the Bonds of the
Trustees of the Liverpool Docks, at the rate of 15s. per
Centum per Annum Interest, for periods of either three. five,
or seven years, at the option of Lenders. Interest payable
Half-yearly.—All offers to be addressed to Ggo. V. TAICTON,
Esu.,Treasurer to the Liverpool Docks, Dock Office, Liverpool.
By order, DANIEL MASON, Secretary.
Dock Office, Liverpool, 4th May, 1854.

MONEY.—WANTED to BORROW, by a
highly-respectable Party. having a fixed income, the
SUM of .€l5O or £2OO, for which very gond interest will be
given. The principal will be repaid in half-yearly or yearly
instalments, extending over not less than four years, or will
he returned at the end of the time agreed upon, in one sum,
the interest being paid quarterly or half-yearly. The security,
though good, mignt not suit ordinary money lenders ; but
any private person having the above at command wi I find it
perfectly satisfactory, and a safe investment. (A Lady or
Gentleman, desirous of quiet but good society in the country,
and willing to make the advance, might be accommodated
with comfortable Board and Residence for a limited and rea-
sonable period.)— Addreike by letter, post paid, ALPHA,
Standard-office, Liverpool.

SJOSAPHAT and • CO., CONTINENTAL
• TELEGRAPH, 7, EXCHANGE-RUILDINGS, LIVER-
root. TELEGRAPHIC DESPATCHES respecting
I. THE QUOTATION OF FUNDS AND EXCHANGE AND
PRICES OF BULLION FROM
Amsterdam, Madrid.
Berlin, Paris,
Frankfort, Petersburg,
Hamburg, Vienna.
2. THE LATEST PRICES AND THE STATE OF XHE MAR.
NETS, OF CORN, METAL., COLONIAL PRODUCE, SILK, COT-
TON, TALLOW, POLITICAL NEWS, &C., FROM
Alexan Irin, Konigsberg,
Amsterdam, Leghorn,

. ,
Antwerp, Nem,
Bremen, Rin de Janeiro,
Breslau, Rntterdarn,
Calcutta, St. Petersburg,
,
Danzig, Stettin,
Genoa, and
Hamburg, Trieste,
Are received Daily at the above Offices, No. 7, EXCHANGE
BUILDINGS,Vhere every information is given.

TO THE RATEPAYERS OF BIRKENHEAD,

LADIES AND GENTLEMEK,
An opportunity now presents itself to you at the ensuing
ELECTION to Return to the BOARD OF COMMISSIONERS
for Birkenhead men who will not only attend to the duties of
the office, but who will, at the same time, use every energy to
see the affairs of this Township placed on a proper and satis-
factory footing.
You are aware that an attempt has recently been made to
burden you with an additional Kate of One Shilling in the
Pound upon House Property, and this for the purpose of pay-
ing the Bondholders. Now, however feasible this may at the
first moment appear, a plain statement of facts will at once
disabuse your mind of any prejudice in the matter.
Those Gentlemen who are so anxious to saddle you with an
additional Taxation have no real interest or stake in the
Township, either by Property or Business.
They are perfectly willing to make you Pay ! Pay I ! but
they are not willing to do anything towarls decreasing the
expenses incurred in the present Management of the Town-
' ship affairs.
That magnificent Property, the Ferry, ought to yield a very
considerble Profit. You have been'told at one time, and
-that by no mean authority, that the Ferry was capable of
yielding a Revenue sufficient to do away with any Local Taxa-
tion. But, for reasons which everyman may read for himself,
an opposite course has been pursued.
The Balance-sheet of the last yea- shows a gross income of
Twenty-five Thousand Four Hundred and Ten Pounds. being
an increase on *the preceding year of Three Thuusand Three
Hundred and Eighty-eight Pounds. Out of these large
receipts the sum of Fifteen Hundred Pounds only has been
placed to the credit of the Township.
RATEPAYERS !—You are respectfully solicited to attend
early at the POLL THIS Mottraxo (Tuesday), the Gth inst.,
at the TOWN ,HALL, and record your votes in favour of the
following Gentlemen, who are fully prepared to oppose all
attempts to increase the Local Rates:—
Mr: CHARLES COOK, Mr. HENRY HILLIAR,
Mr. HENRY %VATSON, Mr. JOHN DIXON HORE,
Mr. HENRY FOX, Mr. JAS. M‘WHIKTER,
(Merchant, Claughton), Mr. JAMES HIGHTON.
Mr. THOS. B. GOLBORNE,
E. G. WILLOUGHBY, Chairman.
Committee-room, Gough's Hotel, Birkenhead,
June 3, 1854.
N.B,—Liverpool Owners of House Property in Birkenhead
will see the necessity of supporting a List of Gentlemen
pledged to prevent any fluther increase of Local Taxation in
the Chapelry of Birkenhead.

ELECTION OF BIRKENHEAD COMMIS-
SIONERS, at the Town-haII,THIS DAY (Tuesday), the
6th instant.—The COMMITTEE for conducting the ensuing
ELECTION respectfully announce their regret that Mr.
LA AIONT has declined to come forward as a Candidate on the
present occasion.
The Committee earnestly recommend the Name of
Mr. HENRY FOX, Merchant, Claughton,
to be inserted in the Voting-papers in lien of that of Mr.
Lamont.-

THE ONLY GENUINE LIST IS THE FOLLOWING ONE :
Mr. CHARLES COOK, Mr. HENRY HILMAR,
Mr. HENRY WATSON, Mr. JAMES M'WHIRTER,
Mr. HENRY FOX. Mr. JOHN DIXON HORE,
Mr. THOS. B. GOLBORNE. Mr. JAMES NIG lITON.
E. G. WILLOUGHBY, Chairman.
Committee-room, Gough's Hotel, June 5, 1854.

TO THE RATEPAYERS OF BIRKENHEAD.

LADIES AND GENTLEMEN,
The time has arrived when the Township should no longer
be prevented by party strife from obtaining the services of
Gentlemen as Commissioners whose character and experience
render them eminently fitted for the office.
Entertaining this opinion, the amalgamated Red and Blue
Committee beg to solicit your Votes at the ensuing Election,
on behalf of the subjoined list of Candidates. The Gentle-
men composing it, belonging, as you will see, to both parties,
have pledged themselves, if elected, to sink all party con-
siderations, and cordially to unite for the purpose of pro-
moting and carrying out those local improvements on which
the progress of the Town depends. They are also determined
to support the orderly and quiet transaction, at the Baird, of
the business for the conduct of which they are returned by
their fellow-townsmen. The high character and standing in
the town of these Gentlemen, afford a sufficient assurance
that they will redeem the pledge they have now given.
The amalgamated RED and BLUE COMMITTEE therefore
beg to solicit your Votes in favour of the subjoined list of
Candidates, and request you to record your Votes as early as
tonvenient THIS DAY (Tuesday), the 6th instant.
H. CURRY, Chairman, lOf the Amalgamated
H. WATSON, Hon. Sec. I Committee.

CANDIDATES.
H. K. ASPINALL, GEO. HARRISON,
CHARLES COO;? • WILLIAM HIND,
M. GRAHAM, W. T. KEIGHTLEY,
PEW( WATSON.
T. B. GOLBORNE,
Birleubead, June 3,1854.

Tilt LIVERPOOL STAND.4II,I), AND GENETIAL CO

in bank-notes and gold, and yet every transaction
was as complete as though the legal currency had
j been used. We have no intention to defend the
wisdom or the policy of the Bank Restriction Act
of 1844, but its evil tendencies have been consi-
derably overrated, inasmuch as for all practicable
purposes it has been inoperative. We are, how-
ever, of opinion that, had it not imposed the neces-
sity of weekly publication of the Barik accounts, it
would have been still less objectionable. The
public at large had little to do with the Bank
business, and the chief effect of making it public
has been to give rise to erroneous ideas, and to
create unnecessary panics, which are far more
mischievous than real difficulties. There is a class
of writers who insist strongly on the folly of
adhering to a metallic currency, and argue strongly
in favour of an unlimited issue of paper money.
Such a measure should only be resorted to in a
pressing emergency, which is hardly likely to arise
during the present plethora of gold ; and then the
only means of accomplishing it would be, not so
much by repealing the act of 1844, but by legalis-
ing the issue of one-pound notes. The evil, how-
ever, would be, that small notes, by superseding
sovereigns,would send the latter out of the country
when, perhaps, they were most wanted, though
for all practical purposes of home trade very little
difference would be created. Money, in whatever
form it may be made, is not the representative of
wealth, but merely the small change with which
the minor transactions of business are rendered
more convenient ; and, therefore, however fondly
many may indulge in dreams of prosperity, but
for legal restrictions, the whole is a mere delusion,
based upon misconception. If, all banks had un-
limited power of issue, it would be found that in
few instances would their dmlllation exceed the
present amount, for after the requirements for
ordinary transactions have been satisfied, the sur-
plus would be sure to return upon the banks which
issued them.
While upon this subject, we may call attention
to the mischievous practice pursued by the banks

in Liverpool of charging a per-eentage as commis-
sion upon the payment of their custoners' cheques
1 and acceptances. It has the effect of compelling
more payments in cash than would otherwise be
made, to the detriment of both parties, from the
additional risk, and in consequence causing the
amount of the balances in the bankers' hands to
be considerably less than they otherwise would be.
Many large payments are now made in notes and
gold that would otherwise be made by a banker's
cheque, were it not for the commission charged,
and many persons in business keep no banking
account for the same reason.' The payment of
cheques may impose some little trouble upon a
banking establishment, but it would be more than
repaid by the larger amount of cash at the dispdsal
of the banks, which would be rendered still more
available for commercial purposes by establishing
a mutual interchange of cheques, after the plan of
the London clearing-house. It would be, indeed,
far better to discontinue the allowance of interest
on balances than adhere to the present mode, which

is so manifestly injurious. In London, the private
banking firms allow no interest ; but a far better
plan is that pursued by the London banking com-

pahies, who allow a small interest, about half the
current rate for discounts on the minimum balance,

and charge nothing whatever for any payments.
It is a subject well worthy consideration.

A NATIONAL POLICE.

THERE is something far more practical in the
character of Lord PALMERSTON than any of his
colleagues in the ministry can claim credit for.
While every cabinet measure has been withdrawn
or defeated, the Roam BncnnTAny, on the last day
before the present recess, introduced two bills with
*the view of improving crilnimil jurisdiction. -Before
their details are made public, it is, of course, im-
possible to judge of them, but the one is briefly
stated to be a bill to render more effectual the
police in counties and boroughs, ai:d the other to
establish reformatory institutions for criminals.
In his explanation Lord PALMERSTON stated that,
while he attached great importance to the prin-
ciple of local self-government, he thought it de-
sirable that there should be an inspection of the
police, to secure uniformity and efficiency. He,
therefore, proposed that the boards should consist
of magistrates, to be selected especially for the pur-
pose; and with regard to boroughs, that the smaller
ones should be so far amalgamated with the coun-
ties, that the borough magistrates should be mem-
bers of the county boards. Larger towns he pro-
posed to leave as at present with their own bodies
of police. One of the evils of the present system
has been that divided jurisdiction which has ma-
terially impaired the efficiency of local police ; and
it has often been the case that in small towns the
small body at the disposal of the magistrates has
been totally inadequate for the suppression of any
serious disturbance. An alteration, therefore, by-
which an efficient force could be concentrated on
any emergency when it is most wanted, would he
a manifest improvement, and from the long expe-
rience afforded by the establishment of the metro-
politan police, it would be less of an experiment than