The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-03-07 00:00:00

THE LIVERPOOL STANDARD.

sufficient reply to any objection which could have been
made to an adverse vote, as being prompted by factious
motives. Those classes could not for a moment be sus-
pected of entertaining the wish to leave even a Whig
Government without the means of satisfying the public
creditor, and maintaining, in all their efficiency and
activeness, the Institutions and Honor of the coun-
try. They asked only that the burthen of any measure
of direct taxation, which might be found necessary, should
be made to press more equally upon all classes.
The amendment of the honourable member for Cocker-
mouth—Mr. Horaman—would if carried, have fully met
all the difficulties of the case ; and from a gentleman so
fully conversant, as Mr. Cardwell undoubtedly is, not
only with the feelings entertained by our mercantile clas-
ses towards the imposition in its present shape, but as
well with its peculiar oppressiveness in the present condi-
tion of commercial affairs and of commercial men, a cor-
dial support to such amendment might have been
reasonably anticipated. Mr. Cardwell might have re
membered that as a Liverpool man. connected with
the commerce of the port, and in the confidence that
in him they would find an excellent commercial states-
man rather than a mere party man, the exponent of the
opinions of this or that statesman, it was that he received
a large portion of the support which placed him in his
present distinguished position. We must not now con-
ceal from him the fact that. by his course on Friday night,
he has forfeited the good opinions of a large majority of
the constituency which so honoured him. Already, we
hear of movements making, and in agitation, with the
object of conveying to him an assurance of this fact. which
must be as painful for himself to receive as it will for his
many personal friends and the admirers of his great talent
to feel themselves compelled to join in.

In the Jamaica papers which we received last night, we
find considerable discussion as to the necessity which
now exists for a proper representation of the colonies in
the British parliament. We have not space now to enter
into the subject, and the following extract from the
Jamaica Dispatch of the 7th February, must suffice for
to-day. The justice of the arguments cannot be denied.
" Colonies will always be treated like poor relations of
the empire, till they have a voice in her councils. _ _

"The wail of colonial oppression finds no sympathy in
the bosom of a colonial secretary, and it is a slow acid ex-
pensive process to rouse the active good will of the people
of England—always busy with their own affairs. But it
would be far otherwise if a colonial member could rise in
his place in parliament, and put a question to the minister
of the day.
" Colonies can never be viewed as integral parts of the
empire,' till they are permitted to have a share in the
government.
" Colonial complaints are doomed to pass through the
hands of governors to the colonial office, before they are
entitled to receive the attention of government ; hence a
prejudiced governor, or colonial secretary, can do much to
obstruct or stifle such complaints, without being called to
account.

" Now that political changes are afloat, a fair opportunity
presents itself for all British Colonists to urge their right
to '.)e represented in the imperial parliament, as a strong
means of correcting the abuses which exist in the colonial
office. Such a change is now rendered practicable by the
rapidity and certainty of steam navigation, and need not
be allowed to disturb the present colonial system, further
than that imperial representation must be accompanied by
imperial taxation on each colony, in proportion to the
amount of protection given to it.
. .

" The colonial legislatures or councils might remain as
they are, and send members to the House of Commons
as the stage legislatures of the United States send mem-
bers to congress. And if all the colonies together had
even as many members as Ireland, the rights of colonial
property would then—but not till th • • -he as much
respected as the rights of property i► the Briti ;h islands."

WEST DERBY AFFAIRS.—The annual meeting of the
Trustees and Commissioners of Waste Lands in West
Derby, was held at the office in Harper-street, Low-hill,
at ten o'clock yesterday. The business was confined
mainly to the receipt of applications for new enclosures,.
the granting of new leases, and the renewing of former
leases.--A subsequent meeting was held "at noon same
day, at the same place, for the purpose of adjusting the
accounts of the trustees of the Waste Lands in the town-
ship, and disposing of the proceeds. Nothing of general
importance transpired at either meeting.
THE Ex-BISHOP OF CHESTER—On Sunday morning
the Right Reverend Prelate who has been so worthily
selected for the Primacy, preached his last sermon in the
Cathedral of his late Diocese, from words so suited to his
Apostolic character—" The grace of our Lord Jesus
Christ, and the love of God, and the fellowship of the
Holy Ghost, be with you all." At the close of his dis-
course he made very feeling allusion to his approaching
removal. In the afternoon he held a Confirmation in the
Church of St. Paul, Boughton. We understand that he
leaves Chester on Thursday, for Lambeth Palace. We
believe there is now no doubt that Dr. Graham, Master of

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GENERAL TRADE REPORT.

LIVERPOOL EXCHANGE, YESTERDAY

Whatever may be the result of the present political
dissensions on the continent of Europe, there seems to be
a pretty general feeling against any interference on our
part in the quarrels of other nations ; and, although the
revolutionary principles acted upon by the Provisional
Government in Paris must be far from consonant with
the constitutional feelings of the British people, the desire
evinced on their part to restore, as speedily as possible,
the peaceful institutions of their country, combined with
the friendly feelings already ex pressed towards this nation,
warrant us in entertaining a confident belief that the world
may yet be saved from another reign of terror. Clusols,
which reached their lowest point of 791 on Monday last,
have fluctuated during the week at a marked improve-
ment, and closed yesterday at 84 to 82 for money, and
821 to 821 for the account; and, although but little dispo-
sition to speculate has been displayed in the different
branches of commercial enterprise, we may fairly hope
that the imminence of the danger is past. Yesterday, the
SHARE MARKET opened steadily ; a limited business was
transacted during the day, but prices were firm at the close.
As allusion has been made by a contemporary to Mr.
John Ridgway's commercial affairs, we may state that his
present difficulties arise, as much from the embarrassment
of others as from his own engagem Nits. It is tilt true
that two-thirds of his assets are in New Zealand ; there
being only about one-third there, and the surplus on the
statement submitted instead of being £4OOO is upwards of
£lO,OOO.

A quiet, firm, steady market for Co•r•rox ve,terday,
plenty of cotton offering, and holflers willing sellers, at
last week's prices. We may remark that holden; do not
press sales, or force the market in any way. 5.000 bales
were sold at full prices. The following important infor-
mation relative to the import stock, and prices of Cotton,
we copy from Messrs. T. and H. Littledale and Co.'s cir-
cular, published on Saturday :
"The import, so far this year, has been 160.040 azainst
187.000 bales in 1847. The trade has taken 216.010 against
148,000, speculators 12,000 =dust 92,001, and the giock, which
has increased 20,000 bales from the hiwest point this year, is
now 301,000 bales against 467,000 bates A considerable im-
provement took place during the find two weeks of .ast month,
and prices advanced id. per lb. in the ordinary and midding
qualities of American and Surat, and id. in the better descrip-
tions.

"The accounts from India and China ny tne last mail were
not satisfactory, and at the same time ►he tutvices from Ame-
rica were looked upon as more in favour of larger slipp!y at
moderate prices, and the new landed Cotton paying a fair pro-
fit, was very freely offered; prices, under these circumstances,
gradually declined, and the advance above r noted was tome
than lost in the two succeeding weeis. Last week the Hales
only amounted to 19,000 bales, and MOOS bales have been sold
this week. Public attention Las been fixed upon the extraor-
dinary political events of the last ten days. Trade in Nlanches-
ter has been nearly at a stand, but the stocks of Goods and
Yarns are represented as being light, and prices are more
steady than cou'd have been expected. The sales in the five
weeks to this date, of which 65,000 were sold in the first two
weeks, amount to 125,000 ba es—specu'ation 10.31,0, export
4400, leaving an average of 22.000 per week for the trade.
"The following is the Table of Receipts and Exports from

the States to the 9th February

N. of Pthe

Ship'd to v. .ytner Total. Rcpts IStcks
Gt.Britaini'rnce F. F Prtsl O:
ii Fce
1848 222680,143306 41471 7837 477282, 9104031-161384 90 ..
1847 248274'1'4970 21247 12930 417156 10027701501668 68
1846 376006109050