The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-02-08 00:00:00

`The season could not have opened under more unfa-
vourable auspices. The miserable result of the London

osition of our general
trade, have produced a general inaction in the market.
There appears no inclination either among English or
ice the operations of the season,
actions are for America."

October

and almost the a

—we feel ourselves fully warranted in laying aside
for a while to come any expectations which
might have entertained of early improvement or
enlargement of our Indian commerce, which can
materially benefit the manufacturer or the British
:ated system of credit, ex-
Intinent, and in whose sus-
of two hundred millions of
shattered at its base—
the temporary ex-

dst Ca

tentation the it

the h,

tTnctionof theefajcilitTes by which it was supported ;
and that system of credit, or something more solid
in its stead, must be re-erected before we can de-

pend upon our Indian fellow subjects resuming
thefr former large exchanges of their products for
those of British industry with this country. We
) enable us to effect this, first ourselves he-
afresh to consume our wonted amount

of Indian staple

of East India sugar, rice, indigo,

arid, we fear we mu

, opium for the Chinese

market.
We heard much a few weeks ago from the apo-
lo.gists for our present banking and monetary sys-
tem, of the over-trading and the kite-flying, of the
fictitious capital, in short, with which our unfortu-
nate East Indian merchants have been carrying on
their vast operations. We heard nothing of the
sort when the result of those vast operations seemed
to stimulate, amongst the native Indian population
and the people of China, the consumption of our
manufactures. W e heard of nothing then but the
illimitable extension of our commerce with these
countries, If it is the fact, however, that the
position of our great Indian houses has been one
based upon fictitious capital, it is equally so that
the dependence of our manufacturers and our
statesmen upon the extension of Indian demand
for their goods has been based upon like fictitious
grounds. Our past demand from the Indian em-
pire has been created by the very operations, on the
part of our merchants, which are now so severely
reprobated. A vast population, without the means
to carry on an extensive cultivation, without the

necessary implements and skill to perform the
various processes, by which the products of their
soil are prepared for the British and other markets,
have been aided and provided with those means by
the enterprise, the capital, and the skill of British
merchants; and have, in addition, been enabled to
become consumers of British products, and been

placed in a 1
life, the pos

~ition to acquire the habits of civilized
ssion of which form the surest gua-

rantee of their continuous value to us as fellow-
subjects or as allies. Those efforts of our merchants
been arrested. The millions devoted by them

Lion o:

the riches of ti

to ena

I now by in

NM 1 I M g'

Mr. LITT LED.

their views, to the same effec
Mr. L. remarked, that in the

uaintance with Liver

now suggested, its greatne
pidly than it had arisen
Lord J. RUSSELL

entire revenue of the kingdom. The evils of the existing
tea duties had been fully shewn in the report of the select
parliamentary committee last year, which had entered
into an inquiry into our commercial relations with China.
He pointed out that the Chinese had recently retaliated
upon our policy by heavy additional duties.on such of our
manufactures as were co

ued in the interior of that
ued, would eventually shut

.ountry would lose more by maintaining the present tea

duties, tban by reducing them ; for by the foriner system

ad enlarged upon the necessity, by a

remunerative field for our staple products.
Mr. BRODRIBB explained to his lordsh

3 the result of

E and Mr. CROSSLEY

21so enforced
at considerable length.
entire course of his ac-
he never vet knew the com-

would recede even more ra-

after attentively listening to the

several speakers, replied that he fully appreciated the
moral and social bearings of the question, but he was
obliged also to weigh all the financial bearings of the
question, and in doing so he was constrained to dissent
from one of the resolutions of the meeting represented
by the deputation—" That this meeting is of opinion that
no direct loss would accrue to the revenue from a consi-

derable reduction of the duty on tea ; but that if even a
temporary deficiency were to arise, the considerations of a
social and moral character inseparably connected with this
great question are of paramount importance to those of a
mere fiscal nature." The argument here used had been
applied in the instance of the reduction of the rate of
postage, and the result in that instance hardly justified a
repetition of a like experiment. That reduction was made
by the Government on moral and social views, at a time
when the country could afford it; and, though great ad-
vantages had accrued to the community from the mea-
sure, the revenue had yet failed to realize the expectations
held forth from that branch. The reduction of the tea
duties might be found to produce a similar result, for the
two questions were parallel, and both supported by similar
arguments. The consumption of tea would certainly in-
crease with a reduction of the duty, but he did not acqui-
esce in the extent of that consumption assumed by the
members of that and the late deputation. However, it
was in its financial aspect merely that the subject would
have to be considered by her Majesty' first minister and
the Chancellor of the Exchequer, and it would be for
them, being responsible for the revenue of the country, to
see if any means could be hit upon whereby the question
could be safely dealt with.
Mr. R. GLADSTONE was about to indicate wherein the
analogy between the reduction in the duties on tea and in
the rate of postage did not apply ; but Lord J. Russell
declined further discussion on that point as inopportune.
The deputation then withdrew, much gratified by the
courtesy with which they bad been received by the noble
Premier.

THE MAGNILOQUENCE OF THE
MANCHESTRIANS.

Our neighbours of the cotton spinning metropolis are
getting quite tiresome with their eternal iteration of their
new honours. We cannot take up one of their papers
without being puzzled with constant references to " this
city," " our Cathedral," " our See," " our Bishop," or
" the arms of the See of Manchester." It is painful thus
to be made to forget, in such magnificent titles, the plain
homespun locality of tall chimnies, smoke, and ill-fed
weavers. People are actually puzzled to find the "Cathe-
dral," well enough as they have long known " th' ould
Chnrch ;" and when they are told of the "see" of Man-
chester, they are naturally led to conclude that Neptune
has at length been won to consent to gratify the aspiring
of the Manchestrians to become the owners of a " port"
by bringing the veritable green sea up to their Bonding
Warehouses, to take the place of the Duke's Canal and
the muddy Irk and Irwell. All that seems wanting' to
crown their aspirings appears to be the possession of a
"Lord" Mayor. A simple "Mayor" is derogatory to so
great a people. Lord Elkanah Armitage, or Lord Wat-
kins, or Lord Bake, ("that is to be,") would be much
better; although, as those best public instructors of our
happy neighbours—the Manchester Guardian and the
Courier,—cannot as yet agree whether their Bishop should
be addressed as " your Lordship," or " your Grace,"
there might be some danger of less erudite authorities
claiming for their chief magistrate the title of " Royal
Highness."

Loral p.ttus.

Mr. Cardwell, M.P., has given ten guineas to the Col-
legiate Institution, and is therefore a life member.

-Robert Theakstone, Esq., of Bootle, has been appointed
a magistrate for this county.

The Archbishop of Dublin has made a large and valu-
able donation of books to the Roscoe Club.

The Old Roan (Liverpool) Steeple Chases (two), will
take place on Thursday, the 17th inst., weather permitting.
The Antelope steamer, from Liverpool, arrived at Rio
on the 4th of December, and was to sail for the River
Plate on the 16th.
THE ALBERT Docx.—On Tuesday, the Earl and
Countess of Sefton, accompanied by another noble lord
and lady, visited the Albert Dock and warehouses.
The Corporation have resolved to erect six additional
baths and warehouses, two in Toxteth-park, two in Liver-
pool, one in West Derby, and one in Everton.
A handsome silver salver has been presented to Captain
Charlewood, late secretary of the Cheshire Junction Rail-
way, by his brother officers engaged on the line.
A few of the members of the new Hebrew Congrega-
tion, Liverpool, have recently presented the Rev. Dr.
Raphall, of Birmingham, with a silver cup and salver.
The Rev. W. Hughes, Incumbent of St. David's, Liver-
pool, has been appointed a Surrogate for the Diocese of
Chester. _

On Tuesday night a splash was heard at the Salthouse
Dock, as of some one having fallen in. and in about an
hour afterwards the body of a man unknown was dragged
out.

RAILWAY IRON.—A vessel, arrived at the port of Li-
verpool from New York, has brought, in addition to a
general cargo of American provisions, 63 tons weight of
railway iron, consigned to order.

On Thursday, alttle boy named John George Greaves,
whose parents live in Mill-lane, Everton, fell into a stone
delph in which there was some water, near his father's
house, and was drowned.
On Wednesday morning, a child four years old, named
Perry, living in Newsham-street, was sitting by the fire
when a piece of wood dropped from the grate and set fire
to its clothes from which it was so much injured that- it
died the same night.

The secretary of the Early Closing Association declined
to accept the invitation to the Roscoe soiree. Mr. Flower,
the president of the former institution, has resigned his
office in consequence of deeming the refusal uncourteous
and most impolitic.

LIVERPOOL ACADEMY.—At the annual meeting, in the
Exhibition Rooms, on Monday, Mr. Barber was re-elected
president, and Mr. Walcott was appointed treasurer. Mr.
Buchanan was elected secretary in the place of Mr. Herd-
man.

BETTER TlMES.—Messrs. Lownsborough and. Harding,
the estate agents, confirm the statement made in the
Journal of Saturday last, by Mr. Williams, as a favour-
able sign of the times ; that during the last month, Janu-
ary, they had themselves more applications and enquiries
for property, of various kinds, than at any previous period
since their commencement.

TRANMERE FERRY.—On Monday, the Court of Ex-
chequer gave judgment against Mr. Chamberlain, the
owner of this ferry, in his action against the Birkenhead
Railway Company. The Court decided that the branch
railway to Monks Ferry was not an evasion of the clause
in the act of parliament, which prohibited the company
from making an extension line to Woodside Ferry, until
they had made one to that of the plaintiff.
CAUTION TO MoTnEßs.—On Friday an inquest was
held upon the body of an infant, aged about three months,
the child of some parties named Lloyd, who died of con-
vulsions produced, no doubt, by having had a mixture
containing syrup of poppies administered to it by its
mother. The mother having misunderstood what the
druggist said, gave the child nearly double the proper
quantity.
INQUEST.—On Saturday, before Mr. Curry, on view of
the body of Patrick Welsh, aged 30. Deceased, it ap-
peared, had been seized about Christmas with swelling
of the body and lower limbs, and had got better, but on
Thursday had a relapse, which carried him off. Mr.
Graham, surgeon, who made a post mortem examination,
pronounced death to have been caused by pulmonary
apoplexy, the result of natural causes.
A splendid service of silver plate has been presented to
Mr. James Ward, of the York Hotel, late champion
pugilist in England, by a nu/111 er of the leading mer-
chants, bankers, &c. of Liverpool, as a token of their
appreciation of his manly honesty and worth. Mr. Ward
has lately come out strongly as an amateur artist in oil
paintings, and his only daughter has made a very success-,
ful debut as a pianist.
FERRY BOAT SEIZED.—It will be remembered that the
Wirral, Woodside ferry boat, lately came into collision
with the Flambeau steamer, when the vessel sunk. The
case has been before the Court of Admiralty, and in con-
sequence of the Wirral failing to enter into the required
arrangements, that boat was seized. on Wednesday. last,
and will, we believe, remain in custody of an admiralty
bailiff until bail be obtained for her.
BRITISH ANTI NORTH AMERICAN ROYAL MAIL
STEAMERS.—After the 25th March, the sailing day from
America of the above steamers, from Boston and New
York will be changed from Saturday to Wednesday, com-
mencing on Wednesday, the sth April, instead of Satur-
day, the Bth. No alteration in the sailing day from Li-
verpool, which will continue to be Saturday. The weekly
I sail/rigs will commence from Liverpool on the Bth April,
and from America on the 3rd May.