The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1850-02-26 00:00:00

rs, who is

,n evidence of

s attacked

financial state
ifIlln)

,ns, to £lOB 18s

was invested during the past year.
The Rev. W. lIEsKETH moved that the report be
adopted, and that the accounts be passed and printed. It
was scarcely necessary for him to add anything. to the re-
solution in the way of of
factory but

he wou

;raulate his fr

. •Ba
complishing that which he bad repeatedly expressed a de-
sire to achieve—namely, to see 150 children within the
walls of the asylum. They would all approve of that part of
the report which spoke of the exertion and ability of those
connected with the institution, for without efficient ma-
nagement all primary efforts must be unavailing. Mr.
Banner had succeeded in collecting together 150 children,
whom he might regard as his own children. If he were
an ordinary man he would be content ; but he was
anxious now to bring together as many boys, and then be
might truly lay claim to having a larger family than any
other man. Should he accomplish his benevolent de-
sign, he (the Rev. Mr. H.) trusted he would be rewarded
by the same obedience and affection that was apparent OR
the part of the children by whom they were surrounded
towards their benefactor.—Mrs. JONES seconded the re-
solution.—The next resolution conveyed the thanks of
the meeting to those clergymen who had contributed to
the fund by preaching in its behalf during the past year.
—Mrs, Moss seconded the resolution.—Tbe Rev. J.
NORTH moved a vote of thanks to Mrs. Nicol (the lady
president), the Rev. T. Bold
mittee, and the medical

The resolution

seconded by the Rev. R
Mr. BANNER. then _
committee dnring the pr

list of names for the
Mrs. Winc

the lady president, ant

I Molyneux, Esc

president

Mrs. RIPLEY seconded the motior
The Rev. F. D. PA

proposed a vote of thanks

reverend

gentleman pointed out Mr. Banner as the main cause,
under Providence, of the present prosperity of the insti-
tution. He could say much on this subject, but was
restrained from the consideration of Mr. Banner's pre-
sence.

Miss ALEXANDER SeCOl
followed by one to the ch.
From a printed circular

Aution, which

that the initiative ha
similar institution for
neighbouring nobil
and the Recto
be estab
which h

n of a

the Mayor
sylum will

.ed, and meet with the same share of success
s fallen to the one which has preceded it in point

of time, but who;e cl

About 150 of the m
have struck for wages

ployed in the

Mendip mines

The sale of the effects of the late Queen dowager real
ised nearly .C 20,000.
Captain L'Estrange, 30th Regiment, Moystow•
given his tenantry an abatement of 25 per
_cent., and in

Aloystown, has

some cases 30 per cent., commencing from May last.
The Dublin Press newspaper died on Friday, after a
hard struggle for existence on any terms the Free-traders
could afford.

THEATRE ROYAL.—Since the departure from amongst
us of the veteran Macready, Mr. Barry Sullivan and Mrs.
Warner have been appearing in a succession of classical
dramas, and have delighted the discriminating portion of
our play-going public. Opinion points strongly to this
gentleman and lady, as being destined to hold in future
the highest places in the public's regard.

FRATRICIDE.—On Tuesday Tuesday two brothers, named Egan,
residing at Ballyduff, King's County, who have had many
altercations, but who were otherwise well-behaved men,
had a quarrel whilst one of them was ditching, when one of
them must have killed the other with the spade, and then
absconded, for the bloody instrument, and the lifeless
body, sadly mutilated and bleeding, are all that is at
present left to tell the tale.

ARRIVAL OF LORD GOUGH AND MAJOR EDWARDES.
--On the arrival of the Steam-ship Indus on Sunday,
the Southampton docks were densely thronged bye great
crowd of the inhabitants of Southampton. Lord Gough
was received in the most enthusiastic manner, and re-
turned thanks from the paddlebox of the steamer. Major
Edwardes was likewise callad for, and was greeted with
tremendous cheering. A complete ovation in fact was
prepared, and the two gallant officers disembarked amidst
thunders of applause both from the ships in the dock and
from the shore, the band of the Indus playing appropriate
music.

HERR HALLE AND HERR ERNST'S CONCERTS.—The
selection of music given by these celebrated instrumen-
talists at the Royal Assembly Rooms, on Friday night,
was one of the greatest treats ever provided for a Liver-
pool audience ; yet we grieve to say that the attendance
was limited indeed. The fine harmonies of Mendelsohn,
and other classical composers, inimitably performed,
were literally played to empty benches. We trust to
have to record a more satisfactory result of remaining
concerts advertised. The musical portion of our fellow_
townsmen will not congratulate themselves if they find
that, in neglecting to attend, they have missed hearing in
Herr Halle a pianist who is amongst the first of his day ;
and in Herr Ernst a violinist whose tone and chaste exe-
cution we never remember to have heard surpassed.
A GRATIFYING RFMINISCENCE.—In the course of his
speech on Thursday night, Sir James Graham remarked,
as one season for withholding a present reduction of tax-
ation, that " we ought not to forget that the income tax
eepires !n 1851, and that we ought not to ruce in and
sweep away the revenue now waiting discussion ;" and he
proceeds to state, " if it should be deemed expejigut to
reimpose that tag, I will certainly put in a stronglildiaidn
behalf of the landed interest for an alteration of tliklienint
on which they are assessed to that tax." Even the email,
crumb of consolation to be derived from this wuranen
must be gratifying to the farmer ; but the publktstt- large
would have been better pleased with the thougitt44t the
tax is to cease altogether in another year. Its ttriio.Bi4ea-
was a fraud in the first instance ; and its unequaliptessure
is becoming day by day more unbearable.

ANNUAL DINNER OF THE LIVERPOOL

GUARDIAN

SOCIETY

The Annual Dinner of the members of this useful and
increasing Society took place on Monday evening, at the
Wellington Hotel, in Dale-stre3t, and was very
rously attended. Previously to ti

and other r
the twenty-

in February, 1

document
The Committee cc

tinned s

•eceived the Annual

names of

The folloriing arc the I

attempted fraud

,blished

Is of the

venting them from making bad d(
mutual communication on this si

s on the con-

imes durinig
ininz the

cieties all over th
nious fraud have t

S of inv.

criminal proceei

the committee

act

sent of

T. Wil

The to

appropriated
.nd decorated

inner seats, and

y that t

le, surpa:

awn. '

lber at

. .
also to
s were

(solicitor to the
t), Mr. W. Rox-

arty of excel.

11 into recit

ands, wines, and
l and delicacy, the

usual loyal
n, Duchess

hn Pembertor
God save thi

The President
Albert,

gave "

loyal Highnes

Royal Family," fol-

then gave, the

to members for the

as a pleasing
iety he set out

) our county and borough
er of a deputation, waited

ni them the most

leo us r

)n. On a r

ton to meet the

was quite sure

smilink

AY returned th

.id if there was one

Societ

WANT OF A CURRENCY FOR OUR COLONIES

The manifesto of the annexation party in Canada con-
tains a passage in which a comparison is drawn between
the activity and enterprise apparent on the American side
of the border, and the torpid state of thine

:5 in their own

country. The United States have their railways, their
canals, their flourishing towns and cities, a growing com-
merce, a vast mercantile marine, and a powerful navy ;
whilst the immense territory subject to the British crown
is devoid of all these, and in the march to greatness and
prosperity lags behind its republican neighbour most
lamentably. The conclusion drawn by weak minds is that
the source of the evil is in the institutions of the country.
The present government can see no further than this, and
are about to give to Canada an enlarged representative
system. What Canada wants, however, and the absence
of which is the direct cause of her comparatively stationary
position, is a circulating medium to enable her population
to exchange the products of their industry, and to emerge
from a state which is little removed from that of barter.
Take a glance at the position of the Canadian people,
especially those of the upper province, at the present mo-
ment. Look at it, too, as a country to which we are driv-
ing—by our free-trade policy—the blood and sinew of our
own land. The bulk of the population of Upper Canada
have embarked their all in the fee simple and cultivation
of the soil. Thsy are willing, if allowed, to produce for
us inexhaustible supplies of the food which that soil is
capable of yielding. But they have no money to pay for
labour, or to regulate the ordinary exchanges of com-
merce. A few stray sovereigns brought out by emigrants,
or local bank notes doled out on usurious terms, consti-
tute all the circulating medium which they possess. A
freeholder with a thou Sand pounds invested in land can-
•

event of a

ure of his

expected amount of crop, command an accommodation of

a. unsay bairn/Igs. vccastonaily the issues of money are
suspended altogether, and nothing left for the farmer ex-
cept to barter his produce at the stores of the importer at
whatever prices he chooses to fix. Having committed
the mistake of investing the total amount of his capital in
the tangible property of the soil, the settler cannot raise
upon its security in an emergency above a tenth of its
value; and then only by procuring endorsers to a three
or four months' bill, which he cannot be assured of being
in a position to meet at its maturity. Hundreds of such
settlers are thus driven into a corner by the want of a
little temporary monetary aid, and their property forfeited
to their more fortunate possessors of a portion of the cir-
culating medium.

A wise government, instead of beginning to tinker con-
stitutions, and to give to these colonies extended fran-
•

cruses, would set themselves seriously to the work of giv-
ing them a steady and sufficient supply of money. Capi-
tal is there; value is there. They require only their re-
presentatives for the purpose of distribution and exchange.
A few years ago an effort was made in Upper Canada to
supply this want by the formation of a banking company,
issuing notes payable in gold, or money of equal value,
twelve months after date, an agreement having first been
signed by upwards of five hundred freeholders and respect-
able traders in the province.
From a letter before us, addressed by the gentlemen
who originated and had the management of the Banking
Company in question—Mr. William Banks, now of this
town—to the lords of the treasury, we learn that this
money circulated as readily as Bank of England money
itself. Although nominally twelve months paper, they
were redeemed by fresh issues, and became virtually cash ;
and we have from Mr. Banks himself a representation of
the surprisingly beneficial results which followed the adop-
tion of the system. The settler, who had paid a thousand
pounds for his land, procured money accommodation to
the extent of half that sum on its security. Every one
pound note was thus based upon the best of all possible
values ; and cultivation went on per *diem, instead of at
tha snail's pace which is alone practicable in a country
where there is no money. The operations of the country
are attended with no loss. The system—only a make-
shift one we admit, but sufficient for a colony—shewed
abundant fruits ; but the states legislature, incited no
doubt by the lovers of usury, who in our own country are
rewarded with peerages for devising the means of enrich-
ing themselves, instituted a bill to put it down, which,
however, was defeated. The bank, nevertheless, with the
prospect of a different result hanging over their heads,
suspended its operations ; and Upper Canada is, in con-
sequence, at this moment enjoying a state of barter, or
something worse in the state of a circulation of irredeem-
able paper.
If her majesty's government would direct their atten-
tion to the erection of a monetary system suitable for our
colonies, they would do ten thousand times more to bind
them to the mother country than by the proposed plan
of tinkering their institutions. Colonies want little more
than facilities for the exercise of the industry and enter-
prise of their own population. A man goes to Canada or
Australia to get rid of the turmoil of politics and party.
not to have it foisted upon him. What d,;es the settler
in Upper Canada want beyond the means of producing,
and a market for his produce ? Both these requirements
we are at present denying him

FOREIGN.

The mercantile advices from Vienna mention that it was
reported from St. Petersburgh that the recent loan would
not be sufficient for the completion of the Moscow Rail-
way, and that an additional 30,000,000 roubles would be
required.

The want of surgeons in the Austrian army is so greatly
felt, that in order to induce civil surgeons to go into the
army the military authorities have decreed that the usual
fee for diplomas shall be remitted, and a present to be
given of 100 to 150 florins.

The celebrated composer, M. Louis Spohr, while walk-
ing on the 15th near Paris on the ice, had the misfortune
to fall backwards, and received a hurt on his head. M.
Spohr was immediately conveyed to his home, where
every care and attention were shown him, but the pro-
fessional attendants despair of saving his life.
Letters from Rome of the 13th describe that city as
being in a most deplorable state. In the space of twenty-
eight hours 500 Romans belonging to the first families
were arrested. There is scarcely a family which has not
one of its families under arrest. Females have not been
excepted.
That which nothing else has been able to effect, the
eruption of Vesuvius has effected, the flight, or rather the
removal of the Pope. It is only, however, to the palace
on Capo di Monte, where he can enjoy the magnificent
scenes now being exhibited on Vesuvius without trembling
at the dreadful roaring of the mountain, and without fear
of being overwhelmed.

LADIES' COMMITTEE FOR THE EXHIBITION OF INDUS-
TRY OF ALL NATIONS.—A most interesting meeting took
place on Saturday evening at the residence of the Duchess
of Sutherland, in order to form a committee of ladies to
co-operate with his Royal Highness Prince Albert in car-
rying out the design of the Exhibition of the Industry of
all Nations in 1851. Resolutions were agreed to by the
following ladies who were present :—viz., the Marchio-
nesses -of Aylesbury, Westminster, Londonderry, and
Clanricarde ; Viscountesses Jocelyn, Waldegrave, Pal-
merston, and Clanwilliam ; and Ladies Stanley, Mary
Stanley, Grey, Dover, Peel, Foley, Caroline Lascelles,
Shelburne, Ashburton, Granville, Flahault, &c. ; and
Lords E. Howard and Dufferen were elected secretaries to
the committee.