The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-06-06 00:00:00

t we can no longer affo:

lessening

of our e

D direc

to this

anch of

subiect

, we complain of the logic of
e speakers at the meeting in
so closely together their
and their remedy as to lead

joritv of

us to infer that the- suffering has bee-n caused by
the absence of the treatment proposed to be re-
sorted to. For example, Mr. John Taylor reminds
us that for the last two years the trade of Liverpool
Las been carried on at a loss ; that cotton has de-
lined in price 40 per cent. within the last six
manufacturing operatives in
t a stand-still. He might

months, and that

Manchester are alr

further and told us that the prices of
all commodities have declined, and that every
industrial interest in the country has been pros-
trated. But over-taxation has not been the cause
of this; and even a " large efficient retrenchment"

have gone

ill not remove it, or prevent its recurrence. The
sources of our suffering lie deeper than this. They
lie beyond the last few months of revolutionary
ipon the Continent ; for they were
r as now, commercial disaster was as
ago, before we had ever dreamed of
revolutions, and whool

felt as acutely

appeared
Philippe

the crown of France
rely fixed upon the head of Louis
sown of Great Britain upon that

f her M

lueen Victoria

Judicious re-

trenchmeni of our expenditure, we repeat, is a
good thing. It is galling, at a time when the
commercial and industrial body of the nation is
enduring the throes of mortal disease, to watch the
complacency with which a set of conceited inca-
pables lavish its heart's blood in rewards amongst
themselves and their useless followers—galling, as
a dying lion to listen to the chattering of
of carrion, assembled to prey upon his
—hut we must not, in meditating an
selfish perpetrators of this
Ives to be led for a moment
and vital cause, which has
last featherweight of the burthen no

is to t

the birds

carcase

,nslaught upon the

pilfering, allow ou

longer endurable

We have

been payin

for the last few years,

two, three, or even we may admit ten millions per
annum more for the maintenance of the machinery
of the state than is required. But how much more
1 in another shape, and from other
idred millions pay for the
taken place within the last
of the national and other
luce, mills, mines, land, houses,
every man's property, from the
whose only estate is his labour,
' Will the most sweeping re-
Downina-street, the most wholesale cutting

have we

down of places and salaries, army and navy, diphi:
matic and other expenses, restore the fortunes
which have Melted away in the hands of our ruined
merchants, or bring back a single stick of the fur-
niture, or a rag of the clothing, which has been
matched from the working man's cottage ? The
use of this wholesale ruin is the first and great
blem, to solve which the intelligence of this
y should be directed. What
which, in a moment, prostrates
hick robs us of the results of
lcss nights ; against which
guard, and the day of
asst amongst us cannot fore-
aund in a fake system of legis-
, as pointed out by Mr. Church-
, at the meeting on Wednesday,
nd cruel currency law. It is this
-wises us to the height of
"„,eadlong to all the
—lon, and then dashes us
ing in one common abyss the
-dent, the man of capital and
renders unavailing the
;ng, of industry, and of
mad a premium upon

Iportant communit

Is this ur

the most

Lt cann

lose coming tt
e? It will be

in an erroneou

us on

ravaganc

:e of sr

down again, inv(

prudent.

nd the IA

the man of straw;' whici

!ers inst