The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-12-05 00:00:00

depreciation

of the mystery

be poorer t
yesterday ;

for half .isrha
than before

is the pinching point of our difficulties,
so far as railways are concerned. A., having in-
vested a temporary surplus of, say £lOOO, in a
railmav rpriiiirPq it hark a cm; n fnr hie nr.rlinnro

and 11P

erful I business

n the meantime, however, we have hail
a monetary panic ; and as the result, his £lOOO is
only worth £5OO in the same conventional article,
money, and, to some extent, in commodities. Hence
A. cannot pay his Christmas bills so readily; and,
perhaps, may have to discharge a servant, or to
limit his business operations, which in the ordinary
nature of things would lead to the increase of a
neighbour's, who has been more fortunate.

But, what was the cause of the mom _
is the question. What is the nature of the myste-
rious operation by which half of A.'s £lOOO has

tary panic ?

peen lost vv e tout enaeavour to give an ex-
planation, which shall be intelligtble ; and, if in
doing so, it may appear to any of our readers that
we are stating matters which are well known to
them, we must remind them that we are appealing
to parties who are not so well informed. When A.,
then, invested his £lOOO in, say London and North-
at £2OO per share, and paying ten
dividends, the return which he could have
laced at call in his banker's
the discount market, was

western St

lad for that moneN

200 per share, his best investment.

PROPOSED INCREASE OF LANDING ACCOM-
MODATION FOR THE SEACOMBE, EGRE-
MOM, AND NEW BRIGHTON, AND THE
LARGE STEAMERS.

The want of a convenient landing for the large and
other steamers has long been a subject of complaint ; and
we pointed attention last week to the danger which results
from their coming to the steps and landing stage at present
used by the Seacombe and Egremont boats. Since we
wrote another accident has occurred, from the same cause
as those previously noticed, by which the life of a cler-
gyman was nearly sacrificed, the particulars of which will
be found in another column. We are happy to find, that
at length the attention of the public is being directed to
the want in question, and that it is about to be urged
upon our local authorities ; for, independent of the ad-
mitted fact, that our northern ferries, to the most delight-

us portion of -the hundreds of Wirral, are

ed tor,

here oug h

;o be some

deference paid to the claims of such companies as the
Dublin, the Glasgow, and the owners of other large Irish

We have been favoured during the week with a private
view of a model, constructed by Mr. John Grantham,
C.E., of a proposed new landing stage, to be laid down at
the Prince's Pier, by which the want referred to will
be supplied. The model in question is to be brought be-
fore a meeting of the Polytechnic Society, on Thursday

!s worship

has consen

present. In the meantime, a brief description of it may
not be uninteresting to our readers. It is proposed by
Mr. Grantham to lay down a stage four hundred feet in
length, and a little narrower than the large stage, and
built as a neatly flat bottomed ship, at the south end of
the Princ

er, one extremity of which will be placed
nearly opposite to the southern corner of the present
Egremont basin. The mooring propo'sed consists of
spring cables, or transverse chains from both ends crossing
each other within its own length, and thus not interfering
with the navigation of the river, except as preventing
vessels running between the stage and the pier. It will
be further kept off by iron booms. The ferry steamers
will be accommodated at the southern end ; and at the
north end, iron stauncheons, fourteen feet high, will be
placed for the accommodation of the large steamers.
The height of the deck will be the same as that of the
present small stage, which is found to be most convenient
for the ferry boats ; and for the large steamers moveable
gangways will be provided of the various heights required.
i The stare will be approached by a bridffe of a vpry

the Egrernent basin and the present Seacombe steps,
transversely to the centre of the stage, by which a greater
length of way will be secured, and a less incline than that
of the bridges at the George's landing stage. The ap-

VIIE LIVERPOOL STANDARD.