The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-11-21 00:00:00

Sameda
relict of Air. L. Remo

d 77, MARY REDMAYNE, of Clarence-street
le, master mariner.

On the 9th instant, in Upper Pitt-street, Mr. JOHN HAR
TELL, of the Liverpool Customs
Same day, aged 32, CATHARI
FORTH, of Hulse'', near Ormskirk
On the 10th instant, aged 35, GEORGE HENDERSON, eldest
son of the late Mr. John Kemp.

NE, wife of Mr. JAS. STOP'

Same day, at Dublin, N. al
of the Dublin Evening
On the 11th instant, aged 44, Mr. MACLEROY, surgeon,
Farnworth.
Some day,
'ehsbire

MANSFIELD, Esq., proprietor

Packet

Pentse, Llanrhaiadr, Mr. THOMAS MORRIS
The deceased was 65 years of age, and had mt

Idergone affliction many years
Same day, at D
of A. C. DUNLO
I Sar•-

arston, MARY SUSAN, daughts

4' consumption, aged 45, Mr. J. Bell, publican,
Lt London, aged 75, WILLIAM BARNARD, Es

`or many years

motion Of -th e Fine Art

Same day, at Exmouth, Devon, in her 81st year, Lady HOL-
ROYD, widow of the late Sir G. S. Holroyd, formerly one of
the judges of her Majesty's Court of Queen's Bench.
Same day, after a few illness, of searletina, aced 2

years and 4 r
ASHLEY.
Same day, in his
the late 11. Potts,
Poole, licensed victna

y son of Mr. THOMAS

Ist year, Mr. SAMUEL LEWIS, farmer to
' 9., of Chester, and father-in•law to Mr.
South John-street.

`ew day

only son of IV

S THE LIVERPOOL STANDARD. N0v.21, 1848.
_ _ .___ _
_...
TO CORRESPONDENTS. using them, that he was not precisely in the posi- The water speedily found new channels to percolate • MEETING OF THE HEALTH COMMITTEE. MEETING OF SHAREHOLDERS LATEST FROM AMERICA.-ARRIVAL OF THE
tion of a hero of romance ; that he was not a Lochiel through ; and the water in the private wells - IN THE BIRKENHEAD, LANCASHIRE, AND EUROPA.
In a paragraph last week Mr. Mitchel was described as the Yesterday afternoon, a special meeting of the Health
butler, instead of the builder, of the Queen's Hotel. or a Charles Edward Stuart, seeking a temporary throughout the neighbourhood is at present in
Committee took place.. in the Council Chamber, for the CHESHIRE JUNCTION RAILWAY COMPANY,
The royal mail steam-ship Europa, Capt. Lott, which
THE CURRENCY QLTESTION.-We thank our correspondent, retreat after the disasters of a well-fought field ; such abundance that instances can be found of its purpose of considering a report of the Inspector of YESTERDAY.
tlie arrivedrem remarkably
bl
y yesterday
short p
emr
ioordn
Mr. Edmund Taunton, for his kind compliments to ourselves;left New York on the Bth instant and Halifax on the 11th,
and for his unwearied exertions in bringing his views on hat he had left no Culloden behind him, but only having to be pumped to waste, to prevent its flood- nuisances, a recommendation of the Sub-committeeeinfgiesasbtohnetn etwigehltveod'calyosckfr,oimn
the currency before the public. After quoting from our a handful of police ensconced in an ordinary "brick ing the cellars, or destroying the foundations of thereon, also a resolution passed by the latter-the whole A few days ago, a circular was issued to the shareholders.
paper the clause, "To foreign exchanges, the dlanerester re_ernng to nuisances. There were present, Messrs. of the above company, stating that at a special meeting the former
the d 11. W t. t o that, not- f i
and
slate house ;" that, in short, he and his friends, we trigs. e may men ion o port. She has brought fifty-seven passenger',
Guardian attaches too much importance," he says, " Drive -
Tinne, (in the chair.) the Mayor, Bennett, Harbord, of the company, to be held at the offices in Birkenhead, a list of whom we subjoin .-
this nail home, Mr. Standard! Drive. it home! Two bun- the leaders of the abortive rebellion, were showing withstanding the deep sinking of the Bootle well,
0 , miner, , b Parker, and on Saturdaynext, the 25th instant, the following pro- • ' • •
For HaVax.-Messrs. Ritchie, J. L. Hendebourck,
dred millions of Foreign Exchanges, yearly, to rule three no disposition to sink with the ship, but rather a the whole shore in that locality is flooded with Hod sn R. Hindle Neill, Horn y,
i'''
k d • Iwould be b •tt d • Henry Boggs, Donald, and Chas. Foster. For Liverpool.
hundred millions of Houle Exchanges yearly, is indeed a Fergguson ; also the 1 own-cler an the medical officer, pose s - mi e .-
r. Duncan. The first report read was to the effect that "That the existing 45,000 Cheshire Junction shares of .e3l -Mr. and Mrs. Beswick, child, and nurse, Mr. and Mrs.
wonderful, wonderful, surprising. incredible act of lunacy !" disposition to launch themselves on the nearest springs of beautiful water, which ooze out, or are m
The University of Durham has power to grant degrees in dive- hencoop. Another passage, however, in reply to a collected in wells, only a few yards above high water on the banks of the canal, Mr. Rose, the contractor for each should be forfeited. That in consideration of the £lO Hume, Capt. and Mrs. Walker, Lieut.-Col. and Mrs.
nity. as well as those of Oxford and Cambridge. The Londonthe removal of night soil, &c., from the houses and streets paid on the .t3l shares, and of the loss that may be sustained
further remonstance by the same rev. gentleman, mark at the spring tides.
by the Chester and Birkenhead shareholders, by reason of the Newton, Mr. and Mrs. Stevens, Mr. and Mrs. Burstall,
University confers degrees in arts, law, and medicine, but
of the town, had deposited an immense quantity• of ma-Mr. Wallerstein, Mr. Venecie, Mr. Joseph Evans, Dr.
not in divinity. King's College, London, was opened in 1831, that " the people would be better pleased to hearpostponement of the works, it shall be understood and agreed
nure the gases arising from which were detrimental topaid such share. That Domvill and
for the purpose of receiving pupils in law, medicine. general that he had got free of the Government," is still OUR last remarks, in reply to Mr. Webster,- hat 2"per share has been on one new Daniel Reynolds, Mr. James Moriow, ,
the ' • resolution ofthe 38*
science, laneuages, &c., and is patronised by the dignitaries public health. A
,
Of the church, because instruction in the Christian religion more magniloquent :- the was-to-have-been paid chairman of the Birken- also proposed that night-soil, &c., should be removed in
which .4"10 has been paid; that every holder of a £3l share Mr. Mews, Mr. Von Groping, Mr. A. T. Smith Mr.
and daily worship are added. We do notbelieye there is any " Perhaps so, ' Mr. Meagher continued, " but it would head Docks,-have elicited, so far, no reply from close or water-tight carts, so as to prevent droppage in the upon which .'lO has been paid, who may decline to accept such Mariam Martinez, Mr. Edwin Perevia Mr. Pat. Ander-
shch institutinn as that mentioned by Amiens. be for a time only. I see this, as clearly as I see that share, shall be paid in money 255. per share, and cease to son, Mr, J. B. Elkin, Mr. J. Moore, Mr. C. Ruinert, Mr.
{ -s----- - .._ - ----- - - stream there, that were Ito escape, men bidding for
that gentleman. We do not wonder at this, after street as much as possible, and it was also recommended l''
that the. soil or matter should be conveyed from the cess- havee:any further interest in the concern ; that the residue of
Cwvrell, Mr. John C. Meyer, Mr. Dyneaux, Mr. W. J.
it.' t.tbrrpoot tailoaro. popularity against our memory would hereafter say,- the gross blundering which we exposed. We have
• b •thrown into the such new shares not taken up by the holders of •'3l shares, _
pools into the tight carts without being
.---= - --- -- -- - ----- - ' those leaders incited the people to a certain point- now still less expectation of hearing from him street, and thence lifted into the carts,-a mode which Birkenhead shares of the nominal value of £27 10s. and .€22; Ramsay, Dr. J. W. Bradshaw, Mr. Taube and son, Mr.
TUESDAY MORNING, NOV. 21, 1848. disaster met them there-many of the poorer classes be- further. The statement (which we give elsewhere)
, left the street in a very dirty condition.-A long discus- that interest at the rate of five per cent. per annum be paid to Draper, Mr. D. P. Brown, Mr. Stonebridge, Mr. R. G.
Russell, Mr. G. H. Phipps, Mr. Howard, Mr. A. Duvault,
came involved-they were arrested, imprisoned, tried, in Mr. Brarnley-Moores recent letter, resigning sion ensued, in which various opinions were expressed. It the Chester an
.d Birkenpeagastharelpoldrs,
_litil the Cheshire
____
THE news by the mail steamer, Europa, which and punished, whilst the leaders, availing the
meatJnnuo
forn lineio w
eirs tooperenvelse the c
share r
also on
iloevme a doe tos !),Ltr 1 iitio-
Mr. A. Boeckeler, Mr. and Mrs. Roberts, Mr. Steenfaldt,
arrived yesterday morning in our river, contain lit- their superior facilities, made off, and left these poor
=elves of his Dock Chairmanship on his election to the appeared that the contractor had already had many
water-tight carts constructed at considerable expense, and limit the works from Warrington or Moore to Birkenhead and Mr. Grablie, Mr. VT. Atkinson, Mr. Westholme, and Mr.
tie of importance, beyond the announcement that fellows-their honest and devoted followers, to bear the office of Mayor of Liver 001, that the Estate-said
out of that they saved much of the slopping in the streets which Chester,-and to make such arrangements with other compa- Smith. From Halifax.-Commander Hall, R.N., Mr.
whole irunt.' So far as lam concerned, this shall not Webster to be
by Mr.
was almost red to a certainty. So far, in a the Government comes to wreak its vengeance on our expenditure of £35,000, after placing the interest the discussion ; and the last named expressed strong opi- traordinary propositions ; and the same has been the Bth instant, after a splendid run of eleven and a half days
national point of view, and as assuring us of the failure, the people shall still see we are at their head- on the entire bonded debt, including the new North nions on the insufficiency of. the present system. as af- opinion of the shareholders, as shewn at a meeting held from this port, including the usual detention at Halifax.
continuance of pacific relations between the two standing in the front rank-breaking the fire they would Docks and the Wapping purchases on the debtor fecting the public health. He proposed that carts resem- yesterday, called almost extempore, in South Castle-st. The'Hibernia, Capt. Shannon, hence and Halifax, arrived
countries they are satisfactory. General Taylor is otherwise receive-breaking it, by receiving it in our own •
stiling floats, but covered, should be provided, so. that the After the chair had been taken by Mr. WILLS, the meet- at Boston on the 3rd instant, in thirteen days. The
hearts." side of the account, ought to place Mr. Webster,
oil might be transferred from barrows, &c., into them, ing was addressed by Mr. GODI3ER, of Chester, who de- Washington arrived at New York on the sth, after a pas-
pledged to base his policy upon industrial progress „,
Ihe passage which we have marked in italics is and, by the by, Mr. Eyre Evans as well, corn- without intermediate deposits in the streets. tailed the result of several interviews. It was urged by sage of fifteen days from Southampton.
within his own country; General Cass would be
Just what the public were likely to say, and have pletely hors de combat, and, 'we are glad to hear, Mr. HODSON said the contractor had done all he could several speakers as reasonable enough, that in the first Almost the only feature of political interest by this ar-
for progress in the acquisition of territory. Corn- it has given entire satisfaction to the bondholders. do to keep the town clean, but there were obstacles. instance the 45,000 original shares should be forfeited, or rival is the confident belief that General Taylor has been
said, and have been fully justified in saying; for
mercially, however, theforiner is the advocate ofThe CHAIRMAN said that to carry out the recommends- rather cancelled, regard being had to a reconstruction of elected President. This intelligence gave confidence to
ever one of them, who could get away, did get The increase of tonnage from the 24th of June up
tion_ of the sub-committee-in having low carts, &c.- the total capital, upon a scale proportioned to the limit the mercantile community of New York. The sale::!
the maintenance protection bya restrictive tariff
awasY and Mr. Mea her and his friends, 'no doubt, to Mr. Brumley-Moore's letter, was 26,371 tons;
would t the town. X 15,000 of the reduced views of
.the company, and existing rote- stock on the. day of the steamer sailing were large,
_.d
-a policy adverse to the British manufacturer, but s'' •
were trying their best. As to rallying the country and this increase will he made more striking after Mr. HARBORD said the removal of the night soil cost rests being fairly recognised. But that the shareholders, generally at improving rates. Exchange on London &-
much less so in its permanent consequences, than
by skulking in disguises on the Keeper mountain, a few days more of the favourable winds for in- the town a vast sum, and about 15,000 tons were col- who have paid £lO per share already, should be asked to rect was ion to 109.
one which might lead to a collision between the
week to 40,000 tons.
hiding in coal-pits, and sleeping in ditches, the idea coming shipping; it will probably amount this lected in a depot in the outskirts, the effluvium from take a£7 share, of which only .£1 ss. was to be consi- Two trains came into collision on the Lynn and Marble-
two countries. The occurrence of the elections is preposterous. But we come to another portion which was productive of disease. dered as paid, or, in the event of their refusing such share, head railway on the 2nd inst., and six persons were killed
during the week previously to the sailing of the _
It was finally agraed that the contractor should receive that they should only receive £1 55., as the condition of and ten or twelve wounded.
of the narrative, which, indeed, was that which most ---- - --- -
packet had led to a dearth of market intelligence, • notice to remove the soil at the depot alluded to within their retiring from the undertaking, appeared to the meet- Buenos Ayres accounts to the 13th September, state
particularly attracted our attention. It is that in WE gave, a few weeks ago-as we remarked at two months, ing as a demand upon them which ought not to be sub- that Roses had taken offence at the conduct of the Sardi-
and mercantile activity generally. The news of
which we discover that Mr. Meagher, on the follow- the time, rather prematurely-Tract, No. 1, of the Mr. PARKER ridiculed the complaints made of intoler- mitted to. And this feeling was made stronger when it nian Charge d'Affaires, and ordered him to leave the
this description, however, which we have received, Mee day to that on which he had made the above Liverpool Currency Reform Association. • We do able smells over the town ;he considered this to be hum- was shown that these £7 shares would only rank as one- country within thirty days. They also state that after the
will be found under the usual head. The belief of bug to a great extent. Their forefathers, who had many fourth of a £27 10s. share in the Birkenhead and Chester capture of Colonic. the intrusive government and the fo-
rofessions, consented to entertain terms of sur.. not at all regret having done this, inasmuch as,
of them lived to a good old age, were not so sensitive in Company, with which the Cheshire Junction is amalga- reign armed rabble in Monte Video, appear to have be-
General Taylor's election had given great con-
P that 1 " dall the
fidenee to the mercantile community of New York. render, provided le an - thus.. far, not one position or principle of the asso-
laid down by the their nasal organs ; and he believed Mr. Harbord's sense mated, and whose shares at present market price are only come seriously alarmed lest President Oribe should storm
cerned in the movement were permitted to leave elation, however imperfectly of smell was so fine that he could scent a fox in any cover worth about £l3 10s• It was asked at the meeting what the town. They have accordingly applied to the French
The views of the American journalists, as to the has been satisfactorily, or at all, confuted by in England, at 100 yards distant. the country." In this transaction, we must ac- tract, had become of the £lO per share paid, and what portion for assistance, and Admiral Le Predour, complying with
effect of the disturbances in Europe upon the posi- knowledge, that both Mr. Meagher and his friends the advocates of bullionism.. On the contrary, the Mr. Rose was then called in, and his opinion solicited of the works had been proceeded with ; and the result of their request, has caused several of his vessels to take up
tion and stability of British institutions, are some- as to avoiding the nuisance of depositing soil in the streets, the information given was, that nothing had been ex- positions nearer shore, so as to be able to fire upon the
exhibited a nobilit of mind, which we should not association has more than held its ground against
what curious; and, as usual, incorrect in many He stated that it would be impossible to avoid much of pended except upon the works which were likely to be besiegers in the event of an attack ; and has, besides,
have expected fromY the previous absurdity of their every opponent. It was our intention, in the present
points, although conveying a few useful monitions. this in Liverpool, or. to place the soil in carts, as proposed, carried on, under the limited scheme, namely, the line to landed all his disposable marines in order to reinforce the
conduct. The proposition was made, and the fol- number, to :have published a controversy between without great additional cost. Several plans were sag- Kekewick,-and that there must be in hand a consider- lines. Notwithstanding these precautions, the alarm, at
We give a few of the views in question, contained the association and Mr. James Wilson, of the gested to him, of discharging it from covered barrows into able sum over what would pay £1 ss. per shat e. The the date of the last advices, had not subsided.
in lowing was the result :-
the commercial articles of the New York Morn- ~ On the Saturday morning of their arrest, a letter from Economist-a gentleman reputed to be one of, the the carts, by Mr. Bennett (who produced a plan) and company, however, wished to retain a further portion of A violent storm, accompanied with a rise of tide, oc-
jug Herald, the most cleverly written, if not the the Rev. Mr. -, enclosing one from Mr. Redington to great guns of the bullionist party-in which we others; but he said the bar to the idea was, that in this the line, never expected to be carried out, or to pay any curred at Bermuda on the 15th, proving a source of great
only valuable portion of that paper. Under date the reverend gentleman, was handed to Mr. Meagher, feel confident that ever reader upon the y impartial town, the night manure was so saturated with water, revenue, for what purpose the shareholders present seemed alarm to the inhabitants, and the cause of much damage
of Nov. 6th, our contemporary., after remarking who, with his companions, were at the time in a place of from the cess-pools being flooded from want of drainage, unable to comprehend. to property.
concealment, close to the Waterford and Limerick Rail- subject will admit that the Peel-Russell advocate that it could not be accomplished. He had done his It was argued that a much more fair arrangement might NEW YORK, Nov. 7-6 P.M.
upon the commercial pre-eminence of Great
way. Mr. Redington's letter mentioned that the under- has very, very much the worst of the argument. utmost to keep the town as clean as it could be kept be come to-something like that proposed in a pamphlet This being election day, Change was less crowded with
Britain, says :- secretary was authorized to state, that the Lord Lieutenant We are compelled, however, to withdraw the letters under the circumstances, and had exerted himself night by. Mr. Wills, by which, the capital being reduced, and a business men, and the market for produce was conse-
- "These things have passed away. The times have, would guarantee the life of Mr. Meagher, and those of which thus far have passed between the parties ; and day to see that his men did their duty in sweeping, portion of the line abandoned, ib would require only £3 quently inactive. Moderate sales of Flour were made at
within the past year, been thoroughly revolutionized, his three companions, on condition that they would sur- &c. the deposits in the streets. He should remove the per share, in addition to the £lO paid, to complete it. yesterday's prices. 'Wheat remained about the same. The
and England finds her supremacy on the decline.-Other render and plead guilty to high treason. A further con- and are only consoled in so doing by the hope that
- - ' hthe manure from the depot, but there must be still a con- This view of the subject was ably advocated by Mr. God- demand for Corn was steady, at about yesterday's prices,
nations are awaking from their lethargy, and in the United dition was required-that the arms of the insurgents in next week we shall be able to publish centre- siderable quantity left there, from daily accumulations, tier of Chester, who was willing even to submit to a rea- with the exception of common low mixed, of which sales
States she finds a rival difficult to cope with, even in its the south-the arms in all the disturbed districts, should versy as finished. which could not be taken away until it had been deposited sonable loss upon the £lO paid. After a desultory con- were made rather in favour of buyers. There was no
infancy. Great Britain never has had, until within the be delivered up without delay. The moment Mr. Meagher We give this day the " manifesto" of the asso- 24 hours, owing to its being in so liquid a state. It ap- versation from which it was elicited that on the arrang- change in Meal. Sales of Rye were pretty freely made at
past ten or fifteen years, a competitor in the same read this letter, he wrote to the Rev. Mr. -, who was ciation-a carefully digested document, upon which geared he was a loser by the contract, as the manure was ment proposed being carried out, the line was already, yesterday's rates. There was no change in Provisions.
branches of industry which have given her so much wealth still in Dublin-' that his proposal-viz., a surrender, on they not easily saleable. It was agreed that any nuisances with the Birkenhead and Chester line, under offer of sale There was some better feeling in molasses, with sales.
and power owed lands our ability to compete with her in the condition that permission were granted to him and all the prepared
are to stand-and beg to request the
that might hereafter arise should be reported to him. It to the London and North Western, the meeting came to Moderate sales of Cotton were made at previous rates.
markets of the world is daily becoming more apparent. . parties concerned,toleavethe country, having been re-
attention of every member of our mercantile com- was further agreed that 24 of the police should be ap- the unanimous determination that the scheme proposed to I ASHES.-Sales of 75 to 100 bbls. both sorts, were made
If we have thus far been able to draw away from England jected, he would make no other. The one he had made munity to the principles which it lays down. The pointed by the sub-committee to act under the Inspector the shareholders should be resisted. I at £6 25.
any of her customers, what must be our success when our was the only honourable one he could make. As to the question, we may add with some little pride, baying of Nuisances, and (in conjunction with the whole of the The following resolution, moved by Mr. HAYLOOK, I BREADSTDEFS.-Flour.-The sales about 5,000 to
capital and population, our industry and our facilities, government proposal, he rejected it without hesitation urged it upon public attention for some years, is at police force) to report upon all nuisances, or practices seconded by Mr. GODBER, of Chester, and carried i 6,000 bbls., including this State Western brands, Michi-
have reached a point which will compare more favourably and with the deepest scorn. In this his friends fully and lengthregardedthe question of the
as great - , gan, this State, Oswego, &c., at S's 25 to ere 374, with
straight and pure brands Genessee, at S's 371 to £'s 44.
an additional number of the handbills, containing pre- " That in the event of the details given by the Directors on
with those of Great Britain ? It has thus far been more proudly concurred."'
like a pigmy struggling with a giant for a prize.LIVERPOOL CURRENCY REFORM
We have already given Mr. Meagher and his cautions against cholera, should be printed and distributed Saturday next not being satisfactory, this meeting pledges itself There was no change in Ohio or in Southern. Wheat.-
't When we consider the relative resources of the two ASSOCIATION.
friends credit for their conduct in this matter, as amongst the inhabitants. The meeting then separated, to support a motion for the adjournment of the meeting, and Sales of 18,000 bushels Ohio were made at *1 11; and
countries-Great Britain and the United States-it is by apparently somewhat tired out by a subject not altogether the appointment of a committee consisting of an equal number 2,000 to 3,000 do. common Chicago, slightly under 41.
honourable, although we think it was a little obsti- " A Currency Lased-not on Gold, which is barter-but on pleasant.
no means strange that their relative positions should be of Chester and Birkenhead and Cheshire Junction shareholders,
undergoing such a rapid change. As a manufacturing nate and foolish. But what shall we say of the National Property." • to investigate the accounts and report as to the equity of the . . .
Corn.-Tle sales reached about 30,000 to 40,000 bushels,
including chiefly common mixed at 621 c. to 67c. The
nation we have advantages immeasurably superior to Eng- conduct of Government in thus treating with rebels proposed financial change."
latter figure was also paid for some lots high mixed.
"It is surprising that our mercantile men have not long since PROSPECTS OF OUR AMERICAN COMMERCE,
land, or any other country on the surface of the globe. in arms? This Rev. Mr. - was clearly indictable arrived at conclusions, respecting a system of currency, which AND EFFECT OF THE ARRIVAL OF THE _ Several lots round yellow were sold at 73c. Meal was
As an agricultural nation, our resources are unlimited,
HURRICANE IN THE CHINA SEAS. firm, at S 3 25. Rye.-Sales of 5,000 to 6,000 bushels
under the recent act for concealin the lof
g p ace can be recognized as correct by all parties, and which would EUROPA.
and we can produce enough to feed the population of thelead to the adoption of principles and practice, by means of were made at 661 c. in the slip, at 67c. delivered. There
retreat of such rebels, of which he acknowledged At the period of the sailing of the Europa from New -
world. We raise the raw material for all manufacturing which the ruinous alternations, now constantly recurring,
. York, we learn from the. first sources that the general SERIOUS DISASTERS TO SHIPPING. was no change in Oats.
purposes; our mines of gold, silver, copper, iron, coal, himself to be cognizant. Why was not the same would be rendered impossible."
By the Overland Mail we have received advices from We have again to notice a decline in the prices of Cot-
andPorter's Progress of the Nataon, p. 426. feeling amongst commercial men was one of great confi-
lead, are inexhaustible ; our climates are suitable for measure of justice dealt out to him which was dealt dence in approaching prosperity throughout the country. China!to the 28th September, containing accounts of a ton, in the qualities from middling and upwards, whilst
____
the growth of all the luxuries and necessaries of life; our out to many poor Irishmen, who, probably from the MANIFESTO. The result of the elections, affirniing the return of a eace very severe typhoon which was experienced in the free the lower grades remain without any material variation
ports are numerous, and afford the safest ingress and
" " orts:on the 31st of Au
egress ; our magnificent rivers drain every portion of our ties of relationship, or the fear of the wild revenge The Committee of the Liverpool Currency Ref porm advocate (Gen. Taylor) for the Presidency, had contri- pgu st and Ist September, which from our last quotations of the 24th ult. Uplands, very
of the people, were induced to commit no worse an Association have been led, by their consideration of the bated greatly to this result. The dry-goods houses had had done serious damage to the shipping. Fortunately, ordinary to middling, sc. to sfc. per lb,; fair to good fair
territories, and are navigable for our splendid steamers
commercial phenomenon of periodical excitement and been doing an excellent trade ; and, as a proof, the orders the loss of life among the Europeans has, as far as yet as- and good, 64 c. to 61e., and 64c. Tennessees and Ala-
? Any one these, we have
thousands upon thousands of miles into the uninhabited offence . of said months
depression, to inquire whether this extreme oscillation, per the Europa for manufactured goods of all descriptions certained, been most trifling considering the strength of bamas, sc. to sfc. Mobiles, Louisiana, &c., ordinary to
and uncultivated portion of the country ; our people are ago, if they had attempted to open such a negoti- productive of so much evil, be the necessary consequence were on an extensive scale. This feeling in America, the gale, but amongst the Chinese the casualties and loss I middling, 51c. to 54c.; fair to good fair, 6fc. to 7 c.;
enterprising, industrious, well fed, well clothed, well ation with the Irish Government, and refused to of extensive commerce; and, if so, within what limit of together with the news generally by the Europa, has had of property have been extensive. i good and fine nominal. The exports from the United
housed, contented and happy, untaxed, untrammelled I betray the parties in whose behalf it was opened, productive enterprise ought a commercial people to be a vivifying effect upon our Cotton market, in which a At Hong Kong several vessels were dismasted, others States since Ist September, 1848, amounted to 164,767:
by any restrictions of the government, and in the enjoy-
large business has been done at dearer prices. With were driven on shore, and while the whole beach was : same time last year, /38,364 bales.
Pent of the largest liberty. What is, then, to arrest or I would have been rewarded with instantincarceration restrained ; for if the calamities that have been ex-
strewed with the wrecks of junks, numerous bodies Boated I The sales since the 24th ult. are estimated at 12,500
check the progress of such a country ?-what to prevent ' and, probably, as the sequel of his fate, expatriation' perienced by this nation within the last twenty years be a respect to Breadstuffs, a fair, but not an immoderate
necessary effect of extended trade, behovesthe Legis-
it
* its being the wealthiest and must powerful nation in i for life from his friends and country. lature immediately to impose restraining measures that should already have been here, but for the recent preys- less. The gale commenced at sunset on the 31st of Aug., 1 The rates of freight are, to Liverpool, for cotton in.
creation ?" ,
shall prevent such frightful ruin and devastation in our lence of adverse winds, which has delayed arrivals. With from N.N.W. : about ten o'clock, p.m., it shifted round ; square bales Id. per lb. ; flour, 2s. to 2s. 3d. per barrel ,
There is unquestionably much truth in these re- IN our last publication we asked of the Illanches- domestic trade, as well as relieve from so cruel a scourge the present winds, however, many of these are coming to N.N.E., and increased in violence till two, a.m., on grain in bulk 7d. to Bd. per bushel, for corn and wheat
marks, and as unquestionably much error. There ter Guardian to apply himself to the consideration the commerce of the whole world, which, from the magni- into port ; hut, having been previously advised, they the Ist, when it veered to S.E. From this time the storm respectively. To London, 2s. 6d. to 2s. 9d. per barrel for
tin flour, and other articles in proportion. To Havre, cotton
is no question as to the fact that America has been of the point, as to whether it would not he possible lade of our transactions, becomes involved in our mis- are not likely to produce any large depression in the mar- gradually abated, and
(!.itl dsatylet tihseasr:stheragairei se
I Id, per lb.
treading upon our heels as a manufacturing nation; Ito obtain a steady value for money by a definite fortunes. ket. We learn that the few samples of Indian Corn
.of .
dbeautifully fine.amongst
Britishmay b men-
I Erpertg and Receipts of Cotton at the ports ao far this ISM. ..
and as sidle question that she possesses many fact- 1 rate of interest ; and then inform us under what In pursuing their inquiry, they have carefully examined the new crop which have now come up are of superior bone thefollowingvessels :-The barque Hermes, from Liverpool, went on shore at son, and to the corresponding time in former seasons.
the evidence brought under the consideration of the corn- quality to those of last season, as is the new Bacon re-
lities which we do not. The same facts have been 1 circumstances-except in the case of a political Circular-buildings, but was got of with the loss of fore (In thousand bales.)
I mittees of both Houses of Parliament, appointed to in- ceived.
urged by ourselves frequently, as sheaving the commotion---" such currency could' vary in value." quire into "the cause of the present national distress." and main masts; the barque Helen Stewart, from London, 1
suicidal policy, recently adopted by us in our fiscal A fear that such variation would occur was pre- After the most deliberate consideration of the evidence A MISARRANGEMENT OF TOPICS. drove on shore at Green Island, and slight hopes were en- ' Great Britain. France. Other. Total. Recpts.
relations with America and other nations. We eisely the point, to which our contemporary himself therein stated, and the uniform agreement of all other A contemporary, in his report of the proceedings of tertained of saving her. The iron barque John Laird 1848.... 116 23 27 166 289
facts and information they have been able to collect, they the Dock Committee, informs us that drifted foul of the Eliza Stewart, and lost mizenrnast 1847.... 73 39 19 131 186
give up to America everything; and she gives us said that his objections were narrowed; and we22 18 13 53 155
back nothing. We give her all that she requires- fully expected that he would have responded to our are of opinion, that the cause of periodical exc • • itement and "A letter was next read from Mr. Cubitt, announcing that he and bulwarks; while the Eliza Stewart, which was loaded 1846....
had fully drawn out the plans for the permanent mooring of with sug.ar, was driven against the Hos Hermanos. and so 1845.... 84 27 14 125 265
our capital-and she taunts us with the above invitation, and favoured us with the ground of his depression is not necessarily involved in extensive COM-
merce, but that the sole cause of our commercial crises is theeavne, landing-stage, and certifying the correctness of a
h y bill submztted." much injured that she had to discharge her cargo. The 1844. •• •
barque Salopian drifted out beyond Green Island, totally 79 44 40 163 243
-
glance at the prospective consequences of our folly. fear. We were the more warranted in doing so, to be found in the absence of a steady measure of value The latter portion of Mr. Cubitt's communication was, dismasted but was afterwards towed into the harbour by
St-ilaagifi,. , 1848 1847 1846 1845 1844
But we doubt whether Great Britain is likely to inasmuch as we had already disposed of every and of an insufficient medium of exchange, or, in other we should think, like the postscript of a lady's letter, the Cainese hints. The schooner Island Queen's masts wcre
ersevere in her give-all and receive-nothing policy. argument which he had urged in behalf of his words, in the inefficiency of our prmturandoeneutaacry styostrsil most personally interesting to himself, and might with cutaway to save her going on shore; and the Daniel Watson j 211 186 143 182 165
an. inefficiency further proved by propriety have been the leading subject. We question,
We doubt, especially, whether "the giant," in his views, as to the probable variability of our proposed the(iY
tam a system of credit, so necessary to development However, whether the Dock Committee view it in the drifted out to the mouth of the Cum-sing-moon Passage At Augusta and
and lost topmasts. The barque Constant, for London, Hamburg on 30 20 20 13 29
struggle with " a pigmy," is likely to hug much basis. Two publications, however, have now ap- of the productive energies of this country. same light ; and, with respect to the " permanent moor- put back wit se cral feet water in her held, and a Ist November.
longer his present fetters. Give him fair play; un- eared without his having noticed us ; and we beg From the evidence above referred to, two all-important ing '' of the monster stage spoken of, we ourselves should
gtat:::inea7ersrrtuhpattedthaerpeiclainsgf,rothste ionceuCarrroelinncea
is
snrad
rather
roroginae
---
his arms ; lop away the " swaddling clothes," in the very best spirit, and acknowledging the facts are established beyond question :-First-that there iike to be assured upon the subject. considerable part of her cargo damaged. The ship Hin-
binddostan, which sailed for Shanghae on the 30th, was dis- 241 206 163 195. 194
Mtn
with which Samuel Jones Loyd once represented courteous tone in which the controversy with us was at one period a superabundance of the present medium
masted and driven down to St John's Island, sixty miles
him as fettered,-andalthoughthatastutegentleman has, thus far, been conducted by the Guardian, to of exchange, and.. at another not a for the
on the Ist instant ; but at so late a period and after so
ordinary necessities of trade. Secondly-t at the measure 1 ' . long hsufficiency A FEW NUTS FOR THE EULLIONISTS TO to the westward of Macao, and was subsequently towed
CRACK. into Hongkong by the steamer Corsair ; her cargo is
told us that those swaddling clothes were " protec- redirect his notice to the point which is between us. of value has, within the last three years, fluctuated from li
tion," none knew better than himself what they We repeat, what we previously stated, that we to 12 per cent. What is our present System of Currency ?-A contri- expected to be badly damaged, and she must discharge. of mere record than of any importance to the present crop.
were-and we fear not the American pigmy, or a care nothing, in this matter, for any triumph as Here we have under the gold standard, an enormous vance by which the capitalist and the foreigner are conti- The brig Calder, from Whampoa for London, was also __________
b inciting nosily enabled to appropriate the fruits of British labour towed back, after having cut away her masts, near Macao,
full-grown man of any other nation. controversialists. We disdain, on a question so alternation in the value of money, which, Y . MEETING OF THE TRADES -Last ni
• - night a numerous
and damaged about 400 chests of tea.
A,, rsl-1-, revs .....4-......1. 4........... 4.1..... ....-...... .! --- -1 _/1 Jl__ _ • __ k_ _l_ , _ is ceat th •
• e s - ~, sneculation at one time. and nrostratinr credit at another, their own price. ae.....1'...- -4' 4-1,,. 4.....1.-,,, ~-,-.. 1,,,1.1 ~e 1-I,n 0.,..__ .•• ii 1'......

There is unquestionably much truth in these re-
marks, and as unquestionably much error. There
is no question as to the fact that America has been
treading upon our heels as a manufacturing nation;
and as Attie question that she possesses many faci-
lities which we do not. The same facts have been
urged by ourselves frequently, as shewing the
suicidal policy, recently adopted by us in our fiscal
relations with America and other nations. We
give up to America everything; and she gives us
back nothing. We give her all that she requires—
our capital—and she taunts us with the above
glance at the prospective consequences of our folly.
But we doubt whether Great Britain is likely to
persevere in her give-all and receive-nothing policy.
We doubt, especially, whether "the giant," in his
struggle with " a pigmy," is likely to hug much
longer his present fetters. Give him fair play; un-
bind his arms; lop away the " swaddling clothes,"
with which Samuel Jones Loyd once represented
him as fettered,—and although that astute gentleman
told us that those swaddling clothes were " protec-
tion," none knew better than himself what they
were—and we fear not the American pigmy, or a
full-grown man of any other nation.
Another extract from the same journal, of the
7th inst., enlarges upon our dangerous position,
and points out its source. After remarking upon
our decreased exports to Europe, he says :
" In the event of a general war in Europe, there will
be a drain of specie from England, that will affect her
financial system more than an export of bullion in pay-
ment for bread-stuffs, or by any ordinary derangement
in commercial affairs. The scarcity of gold and silver
which would be experienced soon after the commencement
of a general war on the Continent, would tend very much,
not only to a further depreciation in prices for manu-
factures and products of all kinds, but to a further re-
duction in the demandfor consumption, and consequently
in the exports from Great Britain."
Such would undoubtedly be the case. We could
not ourselves better state our danger, in the event
of a European war, under our present monetary
system. Fortunately, however, for us, the very fit st
movement towards a general war in Europe, in
which we were likely to be involved, would release
us from the golden and silver fetters, in which we
have madly bound ourselves. We accept, however,
the testimony of our well-informed contemporary
that a drain of the commodities, gold and silver,
would tend very much "to a depreciation in prices
for manufactures and products of all kinds." Our
transatlantic friends have experience of the fact—
to us a bitter experience.

IRISH patriotism is certainly one of the most
incomprehensible things in the universe ; and Mr.
Meagher, one of the convicted of the Young Ireland
rebellion, is certainly one of its brightest embodi-
ments. The world at large—out of England—no
doubt imagined that this young hero of "the shining
sword" was very much in earnest in his denuncia-
tions of the hated Saxon, and his vows to found a
Republic in " the first gem of the sea." We all
remember, however, how all the world was disap-
pointed—how the bright sword was sheathed after
the encounter with a few police at the Widow
M'Cormack's house, and its owner betook himself
to that very appropriately named refuge for gentle-
men, whose valour is all in their tongue—the
"keeper" mountain. A narrative of the adventures
of him and some of his companions there—of their
sufferings "by flood and field,"—their "sleeping
in haylofts and bundles of straw," "in miserable
cabins," and " once or twice by the ditch side,"—
has just appeared in some of the Irish papers, and
contains some of the richest specimens of rhodo-
montade and shameless braggadocio we ever re-
member meeting with. One or two extracts are
most characteristic of the species to which the gen-
tleman belongs. After describing the adventures
referred to, the narrative proceeds :

" Late in the evening, the Rev. Mr. having
heard that Mr. Meagher and his friends were in the
neighbourhood, came over and visited them. His words
and manner, upon meeting them, were most affectionate.
Ile begged and entreated of them to think no longer of
rallying the country : that it was a wild and giddy dream.
The country was too poor, too weak, too hungry, to do
anything. Mr. Meagher replied that he would never
leave the country—that he felt bound in honour to remain
and see the matter out, to the last act, whatever that
might be.' The Rev. Mr. argued with him upon
the folly of thinking that his honour would be compro-
mised by flight, now that everything looked so hopeless.
What do you gain ?" I may gain nothing'— Mr.
Meagher replied—' gain nothing for myself or for the
cause ; but I shall save myself from suspicion—from any
and every accusation of treachery. of desertion, of fear;
thus I may still serve the country, by proving that the
leaders were faithful to it, even to its fall—that when the
ship struck, and the sea was rushing in, they stood to it,
and preferred to sink with it, rather than abandon it.' "
Fine words these ! Most beautifully melodra-
matic and sentimentally patriotic! It is singular,
however, that Mr. Meagher never reflected, whilst

IN our last publication we asked of the Manches-
ter Guardian to apply himself to the consideration
of the point, as to whether it would not be possible
to obtain a steady value for money by a definite
rate of interest ; and then inform us under what
circumstances—except in the case of a political
commotion—" such currency could vary in value."
A fear that such variation would occur was pre-
cisely the point, to which our contemporary himself
said that his objections were narrowed; and we
fully expected that he would have responded to our
invitation, and favoured us with the ground of his
fear. We were the more warranted in doing so,
inasmuch as we had already disposed of every
argument which he had urged in behalf of his
views, as to the probable variability of our proposed
basis. Two publications, however, have now ap-
peared without his having noticed us ; and we beg
in the very best spirit, and acknowledging the
courteous tone in which the controversy with us
has, thus far, been conducted by the Guardian, to
redirect his notice to the point which is between us.
We repeat, what we previously stated, that we
care nothing, in this matter, for any triumph as
controversialists. We disdain, on a question so
important, the use of any " cunning of fence." To
elicit the truth is our first and only object; and we
feel assured that, by guaging accurately the pro-
gress of public opinion, the Guardian will find that
the views of the Liverpool Currency Association
have already taken a great hold upon the minds of
the reflecting portion of the community. If our
contemporary can shew us that we are wrong, he
will do good service by protecting that community
from running into error.

IT is at length an understood fact that a full
enquiry is to be instituted, by the newly appointed
Water Committee, into the correctness of the state-
ments made, with respect to the existence of a suf-
ficient supply of water in the sandstone foundation
under our town; and, incidentally, into the mode
in which previous enquiries have been conducted.
The step comes rather late, after the large expendi-
ture which has been already incurred in prosecuting
what may be discovered to be an unnecessary pro-
ject ; and we learn that there are some amongst
the members of the committee who entertain the
idea that, whatever be the result of such enquiry,
we are on account of the expense in question, and
of our further liabilities, too much committed to
allow of our receding from the Pike. Perhaps we
are not so committed.

There is one consideration, bearing upon the en-
quiry, which it will be most important for the gen-
tlemen conducting it to bestow their particular at-
tention upon, in estimating their prospects of
revenue in the event of deciding upon the Riving-
ton scheme. We refer to the possibility—nay the
great probability of the ratepayers, and especially
the great water consumers, resorting themselves to
the supply to be found upon the spot. Already
this has been done to a considerable extent, even
although the private wells have to be sunk deeper
than they would require to be, were the supply in
the upper strata not diminished by the pumping in
the Corporation wells. In some neighbourhoods
in the town we have information of water having
been found by the owners of private houses, at very
moderate depths, which can be economically dis-
tributed, for the purpose of supplying baths, &c.,
by an ordinary force pump. Let the Water Com-
mittee ask themselves whether the providing of
their own wells will not be the rule, rather than the
exception, with owners of property when, by the
abandonment, or partial working of the deep wells
Of the Corporation, the whole area, upon which the
town stands, shall have become, as inevitably it
will, full of water, procurable by sinking five or ten
yards below the surface. What dwelling-house of
£2O or £3O rent, or what row of half a dozen cot-
tages of £lO a-year, will in that event be without
its separate pump and an abundant supply of pure,
naturally filtered, spring water?
We are satisfied that by sinking deeper the ex-
isting wells, and adding to their number, an inex-
haustible supply may be secured; and we may
refer to the recent instance of the well at Gorton,
near Manchester, in proof of our assertion. But
it has been urged against deeper borings that they
tend to drain existing and less deep sources of sup-
ply. In reply, we beg to direct the attention of
the Water Committee—and the members of the
late Board of Highway Commissioners will remem-
ber the circumstance—that such a thing actually
did occur during the sinking of the Green-lane
well. It was said that the bulk of the private wells
in the neighbourhood of the new suburbs of Fair-
field and Stanley were either dried, or ceased to
produce their usual supply. Existing facts, how.
ever, prove that this was only a temporary result.

In pursuing their inquiry, they have carefully examined
the evidence brought under the consideration of the com-
mittees of both Houses of Parliament, appointed to in-
quire into "the cause of the present national distress."
After the most deliberate consideration of the evidence
therein stated, and the uniform agreement of all other
facts and information they have been able to collect, they
are of opinion, that the cause of periodical excitement and
depression is not necessarily involved in extensive com-
merce, but that the sole cause of our commercial crises is
to be found in the absence of a steady measure of value
and of an insufficient medium of exchange, or, in other
words, in the inefficiency of our present monetary system,
an inefficiency further proved by its inadequacy to sus-
tain a system of credit, so necessary to the development
of the productive energies of this country.
From the evidence above referred to, two all-important
facts are established beyond question :—First—that there
was at one period a superabundance of the present medium
of exchange, and at another not a sufficiency for the
ordinary necessities of trade. Secondly—that the measure
of value has, within the last three years, fluctuated from 14
to 12 per cent.
Here we have under the gold standard, an enormous
alternation in the value of money, which, by inciting
speculation at one time, and prostrating credit at another,
causes extreme changes in the prices of commodities, and
disturbs the relation between debtor and creditor.
THE OBJECTS REQUIRED IN A MONETARY
SYSTEM ARE A STEADY MEASURE OF VALUE,
AND A SUFFICIENT MEDIUM OF EXCHANGE.

It is necessary, for the facility of commerce, to adopt
some description of property, of admitted value, which shall
be used as the standard by which to measure the value of
all other property, and it is imperative that the property
so used be of a description least liable to variation. The
Association therefore propose—
THAT THE NATIONAL FUNDS BE TAKEN
FOR THIS PURPOSE, AND THAT GOVERN-
MENT BE EMPOWERED TO ISSUE MONEY
ON CONSOLS,
which represent a bona fide amount of capital to the ex-
tent of eight hundred millions, guaranteed by the property
of the British nation, whilst the national revenue is
pledged to the payment of the interest thereon, so that
both the capital and interest are perfectly secured. What
better or safer basis, therefore, can there be, whereon to
found a national currency ?
Thus, by adopting the funded property, we obtain two
essentials—a sufficient medium of exchange, and a steady
measure of value for the pound in account ' - so that the
relation between debtor and creditor will be definitely
fixed, that the former may not, at the expiration of his
credit, have to refund a greater or a less value than was
implied in the pound in account at the time of the con-
tract.
These facts were so forcibly brought before the public
by the Memorial of the Merchants of this Town, addressed
in October, 1847, to the First Lord of the Treasury, that
this Association feel emboldened to offer, for considera-
tion, a monetary system which they believe will prevent
the recurrence of such evils.

The plan by which the Association propose to carry
their system into political operation is as follows :
THE ESTABLISHMENT BY ACT OF PARLIAMENT, OF A
NATIONAL BANK, AUTHORIZED TO ISSUE BANK
NOTES ON THE RECEIPT OF CONSOLS, such notes

varying from one to a thousand pounds; to suit the

What is our present System of Currency ?—A contri-
vance by which the capitalist and the foreigner are conti-
nually enabled to appropriate the fruits of British labour
at their own price.

convenience of the receiver.
THESE NOTES TO BE THE ONLY LEGAL TENDER
throughout the United Kingdom, and to be convertible
into value ; that is to say, into Consols, on demand, at
the National Bank.
THE CONSOLS TO DEAR A FIXED RATE OF INTEREST,
which will, of course, cease during tLe time they are
in the Bank.,

Another Picture AFTER Samuel Jones Loyd.—A con-
trivance to regulate commerce and industry, by which we
have, first, a year of slow reaction (after a crisis) ; next a
year of cautious and steady trade; then a year of good
trade; next a year of great prosperity ; after that a year
of wild speculation • finally, a year of panic and crisis,
accompanied by bankruptcy of the merchant and manu-
facturer, and suffering to the labourer, in the midst of
which the foreigner and the holders of bullion step in, and
grasp the accumulations of the years preceding.
What is a Pound I—A piece of gold, said to be of the
value of twenty shillings, which goes abroad, and has to
be bought back with thirty or forty shillings.—A " mea-
sure of value", which occasionally compels us to give the
'foreigner a yard and a half of our cloth for a yard of his.
—A uniform standard," resembling, however, a bushel,
which sometimes hold five pecks when we sell with it,
and only three when we buy with it.
Anomalies for Solution.—No. 1. A cotton manufac-
turer working short time, and half his operatives and
neighbours without shirts.

No. 2.—A tailor with a piece of cloth, a shoemaker
with a piece of leather, and a baker with a supply of
bread, enough for all three ; yet the tailor shoeless,
hungry, and idle ; the shoemaker coatless, hungry, and
idle ; and the baker with his loaves getting mouldy, and
himself in want of a bat.

No. 3. America, with an abundant supply of bread
stuffs, wanting English cottons and hardware ; England,
with an abundance of manufactures and produce of all
sorts, aryl wanting corn and flour; and the latter selling
her man a lt.t ti r to Russia, at fifty per cent. deprecia-
tion, to get guL., t• correct her currency;" i.e. to re-
place the sovereig t.s in the bank coffers, which will be
abstracted until the natural interchange of commodities
with America is completed.
No. 4. Every branch of commerce and industry thrown
prostrate, the Gazette filled with lists of bankrupts, and
the jails and workhouses with felons and paupers, until
the above round-about operation is effected, by the in-
genuity, and much to the profit, of the dealers in ex-
change and the bullionists.
No. 5. Silver, a precious metal, only worth half its
usual relative value to gold.—Twenty shillings legally
worth a golden pound ; but a hundred times twenty
shillings only saleable as a commodity, probably for fifty
golden pounds.
No. 6. A nation, which has sustained a loss of
£30,000,000, by the failure of a harvest, submitting to a
law, which increases the loss tenfold, by the depreciation
of all property, resulting from the legal necessity of
getting sack a few millions of gold, and compels its
people to sit idle, instead of working harder to create
capital, to replace that which has been lost.

By this plan, when money became scarce and exceeded
the fixed rate of interest, the consols certificates would
flow into the National Bank, and the currency be ex-
tended to the relief of our commerce ; while in periods of
prosperity, when money is abundant, they would be with-
drawn, and the circulation proportionately contracted;
thus securing a principle of self-adjustment, which would
preclude the possibility of any great fluctuation in the
value of money, leaving the price of commodities subject
to the natural law of supply and demand.
It may be objected that, under this system, the whole
amount of the national funds might be converted into
money, and the country be oversupplied. The Associa-
tion has no such. fears, feeling convinced that, as the de-
mand for money is necessarily limited by the ability of
employing it profitably, the supply of it may be left to
adjust itself to the requirements of trade.
In conclusion, the advantages offered by the proposed
system of currency are these—
A SECURE BASIS that cannot be disturbed.
A READY CONVERTIBILITY of the legal tender note
into value.
AN EQUABLE SUPPLY OF MONEY.
To which may be added a NATIONAL SAVING of in-
terest on the Consols while in deposit.
In bringing forward this very important subject, the
Association would earnestly invite the active support of
every individual who may be friendly to their views,
whilst they hope to elicit from those who may differ from
them a candid expression of their objections to the pro-
posed system, as they are only wishful for the establish.
ment of a self-acting principle that will give steadiness to
the value of money.
JAMES HARVEY, HON. SEC.
Brown's Coffee-house, Clayton-square,
Liverpool, 20th Nov., 1848.

At Macao the loss of junks was very great, and 100
Chinese were drowned in and about the harbour, including
one containing five young men embarked for pleasure,
one of whom was Mr. James Macmurray, and another
Mr. Edward Rees. The barque Clio, bound to Penang,
was the only British vessel that suffered. She was
wrecked in the Typa, and the captain with the greater
part of the crew drowned. Sixty houses were destroyed.
The governor had a narrow escape, being at the time on a
pleasure trip to the Nine Islands.
At Cum-sing-moon the storm commenced at ten, p.m.,
and was at its height at daylight. The receiving-ship
Isabella Robertson drove under the bows of the Eagle,
carrying away her bowsprit and foremast, and the latter
parted from her chains and ran on the beach, on the way
coming in contact with the Norfolk and Sylph, and losing
her mainmast and bulwarks . The Sylph shared the fate
of the Eagle; and both were got off the next morning,
and the former brought into Hongkong. The Eagle
was condemned. After her collision with the Eagle, the
Isabella Robertson gradually sunk; and at daylight the
survivors, the gunner and four Lascars were rescued
while clinging to the top of the mainmast by the
boats of the American frigate Plymouth. Captain
Kelly went down with the vessel, which had on
board a cargo worth half a million of dollars, in-
cluding 700 chests of opium. Not more than two-thirds
were insured ; but the divers recovered 250 chests. The
Norfolk and Sydney were entirely dismasted, and the
British brig Arrow, with 560 chests Patna, went on shore.
Her cargo and crew were saved. The British barque
Emily got on shore, but her cargo, being cotton, received
little injury. Eight or nine junks sank, with most of
their crews, as did also a smuggling boat with 100 men.
Valuable assistance was rendered by the boats of the
American ship-of-war named, her crew having risked a
tremendous sea.

At Whampoa the storm does not seem to have damaged
the shipping; but a great many China boats were de-
stroyed.
At Canton the gale commenced at the same time as at
Cum-sing-moon, and was at its height about six in the
morning following. In the crowded river there was a
fearful loss of life and property • some accounts stating the
numbers who perished at hundreds, and others at thou-
sands. The scene on the Ist September was dreadful, the
whole river being covered over with frail • Vo c r- moats
and small craft, numbers of which w«e cru,ked by large
junks, as driven from their moorings, they swept away
with the wind and tide. Several China houses were
blown down ; and of the beautiful private cutters on the
river, not one escaped serious damage.
At Hongkong, a vessel started on the morning of the
storm day, having on board a number of convalescent
police, with the view of seeking health. Having sought
shelter in a bay to the westward, a Chinese junk drove
against their vessel, and ultimately six only escaped to the
shore, while twenty-three perished, including Mr.
Smithers, formerly of the London police, and his nephew.
At all the ports, in addition to these disasters, many
foreign vessels, Dutch, American, Spanish, Portuguese,
French, and Bremen, were lost or severely damaged ; one
Dutch vessel, the Kien Heean, having been lost, with her
whole crew. _ _

DEATH OF A CHILD BY BURNING.—About a fortnight
ago, a female child, daughter of Mr. Aspinall, Ullet-lane,
was accidentally so much burnt, that notwithstanding
great medical attention, she died on Friday evening.
LECTURES BY THE REV. H. H. HIGGINS.-oWirig tO
some unintentional inadvertance we did not receive a
ticket to attend the lecture last Thursday. We are glad
to find, however, that it was well and fashionably at-
tended, and afforded great satisfaction. The next lecture
will be on Thursday next, the subject being "The Desert."
FATAL ACCIDENT.-011 the 14th instant, a woman,
named Bridget Sullivan who had intended 0 emigrate by
the ship "Speed," went on board, and by some accident,
fell from between decks, down into the main hold, upon
some water casks below. She was so much injured that
she died on Friday night.
THE POLICE-COURT.—The business was not marked
by any feature of general interest, the cases though (as
always on Mondays) numerous, involving little import-
ance or novelty, with the exception of one noticed in an-
other paragraph. The following is a summary of the
felonies, &c. :—John Johnson and William Parry, for
stealing a copper kettle from Elizabeth Brown,—three
month's imprisonment.—Wm. Walsh, for stealing meal
from Clarence Dock, three months. Joseph Holland, for
stealing a 281 b. weight, two months.--William
for stealing beef in Richmond-row, one month. Mary
Kelly, and Mary Williams, for stealing mutton in St.
John's market, three months. Thos. Jones, an old
offender, found at untimely hours, and with no good in.
tent, in Brunswick-street, on Saturday night, three
months.—Winifred Jenkins, for illegally pledging, 10s.
and 405., and, in default of payment, one month.—Ellen
Clare, for robbing William Oakley, in Parker-street: of
half-a-crown, one month.

The number of houses destroyed is stated to be-25
Chinese brick houses, 30 Chinese mat and wooden houses,
and 12 Chinese dwellings on the river. The gardens
have suffered greatly.

MEETING OF THE TRADES.—Last night a numerous
meeting of the trades was held at the Concert Hall, for
She purpose of taking into consideration the best means of
securing a fair trial to the twenty-five unionists now in
custody in London, some under sentence of transporta-
tion, but in behalf of whom writs of error have been
entered, and the others yet awaiting their trials. The
chair was occupied by Mr. Harnett, the secretary of the
Trades' Union, who introduced to the meeting Mr.
Hawksworth, who entered into details of the treatment of
working men in Sheffield, London, &c. It appeared that
out of 20 convictions in Sheffield, for conspiracy, &c.,
seventeen were quashed upon appeal, and that in one
instance several men sentenced to be transported for a long
term of years had had their punishment commuted by her
Majesty, to three year's imprisonment. The speaker, who
was most energetic in his address, moved a resolution to
the effect that the meeting was of opinion that the four
razor-grinders now under sentence of transportation, were
illegally convicted ; that the twenty-one stone masons, of
London, who are indicted for conspiracy, and now waiting
their trials at the Old Bailey Sessions, are unjustly accused;
and pledges itself to use all legal efforts to secure for
them a fair trial. This was unanimously carried. The
second resolution was to the effect that the prosecution
of these parties was an attempt to crush the working
man's best institution—the Trades' Unions—and pledged
the meeting to keep up the agitation until the rights and
privileges of the working classes were conceded. A third
resolution sought a subscription for this purpose.
A MAN WITH THREE WIVES.—A well-dressed young-
ish man, named Crawley, stated to be captain of a vessel,
and whose case (one of bigamy) was before the public
about a fortnight ago, was yesterday again brought before
Mr. Rushton—evidence having been wanting on the for-
mer occasion, and which was now supplied. Mr. John
Mitchell, a respectable-looking elderly gentleman, wear-
ing the buttons of the navy, deposed that the prisoner
had married his daughter, Mary Ann Mitchell, in Ireland,
some years ago ; and he produced a marriage certificate,
properly authenticated of the fact. He stated thathe
had, before coming from Ireland on this occasion, seen
his daughter and her four children on Thursday morning
last, at Rothmullen—as we understood him.—The second
wife, a good-looking young woman, stated that she had
first met the prisoner at Milford-Haven, in July, 1844,
and had gone with him to Bristol, where they were mar-
ried, as she supposed, in the same year. A few weeks
afterwards she learned that he had before been married,
and finding the form of the former marriage (as she had
learned) not correct, she herself provided the necessary
funds, and they were married in due form. She remained
with him for some time, but he at length turned her out,
and she went to the parish.—The third wife next appeared,
also a lady-like woman, and said she had been married to
him in this town, on the Bth of July last. The prisoner,
who seemed nothing daunted, put some irrelevant ques-
tions to the second wife, as to the precise time of her
first acquaintance with him, which she repeated. Mr.
Rushton properly arrested his questions as not being
relevant, and ordered the remaining depositions to be
taken, preparatory to the prisoner being committed to
stand his trial at the assizes.

LIVERPOOL :
TUESDAY, NOV. 21, 1148.

TILE MAYOR AT ST. BARNABAS' CHURCH . —On
Sunday morning last the annual sermon, in aid of the
Southern and Toxteth Hospital, was preached in this
church by the Rev. T. Nolan. The Mayor attended in
state, and amongst the gentlemen who accompanied him
we noticed the following : viz., the Town Clerk, Clerk of
the Peace, Aldermen Molyneux, J. Lawrence, Chilton,
Cooper ; Councillors Tinne, R. L. m
HoJlone, J. m
Jones,
,Wagstaff,iioie
J.
R B.
ogerLs,lo Mann,
annT,hoGm immer, Messrs. Yates,.
J. Moss, C.W. Lawrence, T. Moss, Platt, Royden, Kendall,
Griffith, B. Platt, Ingram, S. Martin, Bland, J. Hough-
ton, Dowie, A. Browne, Brownell, D. Clarke, B. Chaf-
fers, Dr. Cameron, T. Ilolderness, C. Grayson. Z wilchen-
hart, J. Job, &c., &c. The church was crowded in every
part The rev. gentleman took his text from the 65th
chapter of Isaiah, and part of the Bth verse—" Destroy it
not for a blessing is in it"— from which he made a most
earnest and eloquent appeal; and we are happy to say the
response was one worthy of the cause,, am° unting ti? the
handsome sum of £lO9.

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The Earl of Clarendon is to have the vacant garter.
A new edition of the Babes in the Wood has just been
published, illustrated by the Marchioness of Waterford.

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