The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1836-12-16 00:00:00

TO THE EDITOR OF THE LIVERPOOL STAND 3RD.

Sta,—Observing your leading article on the Currency,
permit me to inform you of one or two circumstances for your
consideration. The institutes of all joint stock banks give the
shareholders the advantage of credits to the extent of the se-
veral sums paid upon shares. The paid up capital being com-
monly invested in Government stock, it follows that all such
banks of issue have not only a return fiir the capital so invest-
ed, but the shfreholders the use
:of a duplicate capital gratis,
except what is caused for office expenses. The richest landlord
in.the kingdom cannot gel the like privilege but by being a si-
milar associate in the original shares of a bank. T. this and
to.thelnode in which they have Allowed the corn trade to be
carried on, is imputable the growing difficulties of the landed
interest; and it is obvious that henceforth trade cannot be car-
ried on with general success so long as this inequality in the va-
lue of the paper currency remains unremedied. The associated
thus are the only gainers. Nu competition can withstand this
.mil Ikar or "
plain and palpable, and every mu ive cans for its speedy a op-
tbin. The humble depositors in savings banks are relatively
losers to the extent of one million per annum on their capitala
sixteen millions. It holds out a bribe to pauperisna,.this ano-
malous state of currency 1. The one party may be said to draw
dividends for a capital which has been abstracted. The savings
bank depositor, when he draws, ceases to receive any further
interest. Besides, he is perhaps paid in notes of his employer's
bank; and it is well known that power as well as credit is often
emploved to suborn opposition of interests. This should not
be. t 500,000 is lost thus to a pot tion of the humbler classes, by
the want of a principle of credit for savings banks, and £500,000
by the use of notes of antagonist interests. Hence you have a
clue to the increase of poverty among the lowly even in this
Christian age.
There is nothing to binder any fraternity to institute a bank;
but what is to become of the fag end or society; or of those who
begin business, between the last and the next-to-be .bank in
ilka place?
Let deposit banks be separated from (discount adventurers)
couiraercial banks—let Gevernutent itist itule_deposit i,atiks ge,
nerally,--aud, as money is merely the representative of ploper
ty, let a.naper currency be issued cerrespoilding r‘i the 0;14 de-
pesits, and let all ranks whatsoever have the optional of
depositors lieconting-surety for advalle4to whom they: pleased
"npou.lieuof their deposits.
'Vim may depend upon it this must be he case, if en everrul-
ing Providence has decreed the enrangi m tiilu otltt4? Vet and
the extension of the of righteoosneisli` and peace on
earth. • • '
Thisi currency would' proVe in,every nation a_regent circule-•
tiou,, perfect in every sense of the term.-1 •
Union Nett's ROPlng,` -! CREDO.
,•
36 George-4feet, Edinburgh,
Dec. 10, 1836. • •, • • . .

AGENTS F' olt E AT(ON.—The Horne Secretary has ?tape-
' , ,
tioneu tneulipointtnent of the following offi,ers to 6e govern-
s for emigration; —Liverpciol, Lieut. Low, li.N.;
113Witiii,.Lieutenaut Henry, ,K. N:; Dublin, Lieutenant Hod-
; Cork Lieutenant Shuttieworth, It.N.; 13eifsst,
Lieutenant Lynch, R.N.; Limerick, Lieutenant Forest, R.N.;
Greenock; Lieutenant Hem:tits, R.N.; LOndon Agent, General
Colonial-Ace, Mr. J. 1). ial print.

GRRAT NORTH OF ENGLAND RAILWAY COMPANY.—This
company has given notice of their, intention to appiv to parlia-
ment in the ensuing setsion fur powers to extend their line
from the river Tees, through Northallerton, Thirsk, and
Easingwood, to the York and North Midland Railway, at Hub
Moor, near York—to construct a bridge across the river Ouse,
at York—to form a branch front a poiut iu the present hue to
the city of -Durham, amid fur other important objects.
MIDI-MR.3RX REGISTRATION.—The annual meeting of the
Middlesex registration committee was held at its looms 00
Thursday last, December 8, Colonel Clitherow in the chair.
The report read by the secretary seas of the most gratifying de-
scription. It stated that of the objections taken iu the courts
of the revising barristers, during the sittings of the present
year, the couservatives had sustained 416 out of 742, of nearly
four-sevenths; while the radicals hod only supported 2-18 out
709, or about five fourteenths. Besides which, the objections
taken by the overseers were, in a majority of eases, beneficial
to the conservative interest, increasing the gain on objections
to at least 200 votes. Of the new claims admitted, the conin";-
tee could calculate 410 a ,considerable majority; as far as }'e't
ascertained, probably to the extent of front 150 to 200. 04ihe
whole, the advantage gained to the pmeseut year might be thus
summed Op:—At the end of the registration of 1835, the con-
servative majority, on the ascertained votes, was 1,514; at the,
present time that majority unmounted to 2.161. Still, theme re-
mained a considerable body of registered voters whose-
sinti-
la December, 18:15, acaleu-
lation, which supposed a very larinents Were not yet ascertained.
proportion of these to he of
ge
radical opinions, still left the conservatives a majority of 536.
A similar calculation, made at the present moment, would leave
the conservatives a majority of 1,179, even ,ttl'p",stlig all the
uukuowu voters to poll, and in a very groat proportion on the
radical side.—Times.

DISTRESSING AND REVoLTING CIRCUMSTANCE.—The parish
Church of Logie, in the county or Russ, has again 'become
vacant, and under circumstances of the most painful and awful
description. On the sth of November last Miss K., sister of
the minister of the parish, who resided in the manse and super-
intended the domestic establishment, was suddenly taken ill
while playbig the pianoforte. Her brothel was absent, assisting
to dispense the sacrament in another place, but aid was imme-
diately piocured. The young lady's illness continued to in-
crease, and at length (to the grief and astonishment of those
present, who never once suspected her condition,) she was de-
livered of a child. She made no preparation for the event, and
she refused to give any information as to the paternity of the
infant. About ten days passed over, when the minister disap-
peared, leaving.his church and flock.. No person knew whither
he had gone, but in a short time the Moderator of the Pteshy-
tery received a letter front him, written from Aberdeen, acknow-
ledging an incestuous connexion, and resigning his living. The
effect of such intelligence on the virtuous and religious inhabi-
tants of that district we shall not attempt to describe. The un-
fortunate female who had participated in the unnatural eiiiit of
her brother was pursued to the west coast, whither she had fled,
was apprehended, and brought last week to Dingwall. Flom
the latter place she was conveyed in a chaise, accompanied by
lii 1)f icer and female attendant, to Tain ; but while the man
left the vehicle for a few moments to wait upon the sheriff with
an account of her apprehension, or receive fresh instructions,
the offender and her attendant alighted from the chaise and es-
caped. We know not whether they have been closely pursued
but we sincerely trust that they will elude detection, and thus
prevent a trial which would be fraught with so much sorrow,
shame, and disgrace. A similar case, perhaps. never occurred
before in the annals of the Church of Scotland, so long and se
justly famed for its purity and vigilance, and we can only trust
ourselves to repeat the words of the apostle, " Let him that
stancleth take heed lest be fall."—fueerness Courier.

SECOND ED I' lON.

Standard Office, Three o'Clock

LIVERPOOL MARKETS.

CORN EXCHANGE.—FRIDAY, Dm 16, 1836.
lu a:ldition to the scanty arrivals up to Tuesday's market,
we have had very few vessels in with any descriptiou ; and
those of Flour since then are only moderate, but of Oatmeal
liberal.

-The Corn trade generally since our last report has been very
inanimate, and at our Exchange this morning continued to ex-
hibit a similar appearance; the best kinds of English Wheats
notwithstanding were held with some degree of firmness at pre-
vious quotations, but, the buyers remaining very inactive, little
business was done, and the middling and inferior descriptions
were decidedly cheaper.

Select parcels alone of prime sound Flour are saleable, at
late prices, having no demand whatever for imperfect qualities.
i"ine English Barley is wanted, and would bring the rates last
noted; and grinding samples maintain their former value.
Malt and Beans ruled much the same as bel,,re.

In Bonded Grain and Flour, the transactions during the week
have been very unimportant, buyers refusing to give the prices
required.

Oats continuing to move off slowly, barely supported our last
currency ; and Oatmeal, with an extremely •dull sale, was 61
per sack lower. .

AV ERAG

cir 70 !ts. s (1 s
Irish dried red 8 6 qr 8 9
Do. dried'white 9 1 9 8
Doom/tried new 8 2 • b G
Englieh
Can'tda ..... • . 0 0 0 0
OATS, ar ms
Irish
BAIiLI?.Y, 471' 60 lbs _
Irish grinding 5 0 5 3

AVERAGE PlllO

s n s nr
Banbridge .lOO 0 QlO2 0
rtterforcL •new..loo 0 _lO4 0
Colerain
C.zirlow,
L.meriek.
B,ifast lO4 0 _lO i 0
Dorry lO7 0 . 108 0
Cork, 2,15, 0
Newry
Mind — 0
Sligo — 0 0

ARRIVALS
From the 13th to the 15:1►

COAST-
WISE.