The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1850-01-29 00:00:00

PRIVATE TUITION,

THE Rev. SAMUEL FENTON, M.A., of Christ
1. Church, Oxford, residing near Liverpool, in a most
healthy and pleasant village, within a short distance of two
stations of the London and North- tern Railway, receives
into his Family a limited num of PUPILS, to whose tem-
poral and spiritual interes e greatest attention will be paid.
Terms, according to (all under sixteen), .€4O, £BO, and
£BO per annum.

Foi• further,patfieulars apply, by letter, to the Rev. SAMUEL
FENTON', Wavertree, Liverpool.

THE SANTRY

TRAINING, COMMERCIAL, AND CLASSICAL SCHOOL,

DUBLIN.
fJIHIS Establishment is situated in an elevated and
J_ most healthy locality, three miles north of the City of
Dublin, and is furnished with every requiiite for securing the
health and comfort of the Pupils.
It is an endowed Establishment, and its great object is to
supply a thoroughly sound English, Commercial, Mathema-
tical, and Classical Education, on terms within the reach of
persons of moderate income. It is under the cantrol of the
Honourable Incorporated Society of Dublin for promoting
English Protestant Schools, and which Society appoint its
officers and defray a large portion of i penses, and exercise
a vigilant superintendence over • anagement.

The Institiltion is exFlus. Protestant, and has the advan-
tage of Weekly Visita and Catechetical Instruction by the
excellent Clergy of the Parish ; whilst it is made impera-
tive on the n of the Master to train the Children, at all
times, in t rinciples and habits of moral and religious duty.
In case of illness, which happily is of rare occurrence, Me-
dical Attendance and Medicine are provided without charge to
Parents; and all School requisites in the English Department,
with the exception of those required at entrance, are furnished
without charge. .

TERMS. Per Quarter.
English, including Science, with Board and Washing..e4 0 0
Classics, if required 1 0 0
Drawing; do. c OlO 0
French, do.
Parlour Boarders, with English and Science

Further inforniation mai, be had by applying to the Rev.
RICHARD ARDILL, Secretary, 55, Aungier-street, Dublin ; or
to Mr. JOHN DOCKERAYi Principal, Santry.

Just Published,

THE PASTOR'S ACCOUNT ; and the PASTOR'S
DUTY : Two SERMONS, being the last in St. Barnabas',
Liverpool, preached on Sunday, Nov. 18th, 1849; and the first
in St. John's, Bedford-row, Londo Sunday, Nov. 25th,
1849.

By TH NOLAN, A.M.,
Mini St. John's, Bedford-row.
London: SEELEYS, Fleet-street; Liverpool: DEIGHTON
LAUGHTON ; Dublin: J. M`GLAsHAN.

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Mr. NEWBY, of London, has just published

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WEST OF ENGLAND FIRE BRIGADE
TO MESSRS. MTIE AND SONS.

GENTLEMEN,
T HAVE been requested by the BRIGADE to
I return you their best than or the handsome present
you were good enough to ma • lem for the services they ren-
dered you in putting o e Fire in your Sugar-House, in
Temple-street.
I am, Gentlemen, your obedient servant,
W. WHITEHOUSE.

GREAT MEETING AT ORMSKIRK OF THE
AGRICULTURISTS or SOUTH LANCASHIRE.

[FROM OUR OWN REPORTER.]

On Thursday a meeting of the agriculturists of South
Lancashire, convened by the authorities, in pursuance of
a numerously signed and most influential requisition, was
held at the Town-hall, Ormskirk, for the purpose of ex-
pressing the feelings of alarm with which they regard the
operations of Free-trade, and to petition her Majesty to
dissolve the present Parliament, and appeal to the con-
stitutienally expressed wishes of her people on the sub-
ject. .At three o'clock, the' hour appointed for the com-
mencement of the proceedings, the large room in the
Town-hall was nearly filled by the leading gentry, clergy,
farmers, and tradesmen of the neighbourhood, with a
rather large number of artizans and labourers, when the
hour of meeting is considered. It was known that great
endeavours had been made to procure the attendance of
some of the leading spouters of the League party, with a
view to interrupt the proceedings, and to disappoint the
views of the requisitionists. Mr. Cobden, it is said, had
been applied to, but was otherwise engaged. W. Brown,
Esq., was in the same position, or probably thought that
the locality ought to supply some one capable of defend-
ing the policy of free trade. Mr. John Rosson, it was
hoped, might have distinguished himself on such an oc-
casion; and every effort was made, by placarding the
town and neighbourhood, to urge the working people to
attend the meeting, and to demand that they should not
be deprived of their " eight pounds of bread for a shil-
ling." From all these circumstances an opposition was
fully expected. It will be seen however that the party
could not muster a champion at all, or effect anything
more worthy of a row than a few interruptions, addressed
especially to one of the speakers, against whom some of
the mob seemed to have a little private pique. When
the importance of the district is considered, this is a fact
worthy of notice. South Lancashire, the locality of our
leading manufactures, the feeder of Liverpool on the
west, Manchester on the east, and Preston on the north,
with a host of other towns and villages of large popula-
tion, spread over its surface, might have expected, if any
county did, to sustain itself under the operation of free
trade measures. Yet the protest of this district, so pecu-
liarly situated, has been permitted to be added to that of
the agricultural interests of the entire county, against the
present ruinous policy of the Legislature.
Amongst the parties present, on the platform, and in
the body of the room, we observed Edward Boyer, Esq.,
Brooklands ; R. B. Smith, Esq., Pygon's-hill, Lydiate ;
Twining, Esq., Parbold-hall; T. F. Moore, Esq., La
Mancha; Robert Boyer, Esq., Cranes; James Culshaw,
Esq., Frenchfield ; Rev. R. Battersby, Cranes ; Goore
Balshaw, Esq., Altcar ; Rev. J. T. Wareing, Ormskirk ;
Laurence Wright, Esq., Ormskirk ; Robert Wareing,
Esq., Ormskirk ; Captain Armstrong, Burscough ; Rev.
R. Bickerstaff, Lydiate ; Richard Parr, Esq., Island
House, Aughton ; H. Underwood, Esq., Aughton ;
T. W. Boyer, Esq. ; E. W. Boyer, Esq. ; John Williams,
Esq., Aughton; and John Fazakerley, Esq., Lathom.
On the motion of Mr. A. B. Goss, seconded by Mr.
Mr. Moore, E. W. Boyer, Esq. was called to the chair.
The CHAIRMAN, in opening the proceedings of the
meeting, said—Gentlemen, allow me to express my sin-
cere sense of the honour you have conferred upon me in
calling upon me to preside over the present influential,
and I am glad to perceive numerously attended and im-
portant meeting. I repeat, important meeting, because,
whether I regard it as a demonstration of the sentiments
of those whose occupations are identified with only one
particular class of the inhabitants of this country, or whe-
ther I regard it as an• indication of those feelings which
the landowners, the tradesmen, the farmers, and the la-
bourers of South Lancashire are beginning to feel, or
whether I look to the causes which have led to this as-
semblage, I repeat that I consider this one of the most
important meetings which has been held for a number
of years past in this locality. (Cheers.) I believe that
you might have selected a man much fitter to discharge
the onerous duties which I am called upon to perform,
yet, gentlemen, I feel, and I proudly avow the sentiment,
that nowhere could you find one who feels more sincerely
the necessity for this great movement—one who more
deeply sympathises with the objects for which it is con-
vened—nor one who, as far as possible, is more willing to
assist in helping forward this movement for the welfare of
the country. (Cheers.) Having premised these few ob-
servations, I will read the requisition by which the meet-
ing has been convened. [The Chairman then read the
requisition, which stated that it was a meeting of the
agriculturists of the district who were favourable to pro-
tection for British industry and capital.] He then pro-
ceeded thus :—Such, then, gentlemen, I consider the ex-
plicitly-expressed object of the meeting; but before I
proceed further, I think it right to enquire whether there
be in this assembly any person opposed to the terms so

•
explicitly set forth in this requisitiOn ? whether there are
any persons present opposed to the objects which it is the
design of the promoters of this meeting to effect ? I pause
for a reply ? (One Voice : "We want no protection."
Loud cries of " Protection to British industry.") I only

.
hear one voice against protection in this room—one dis-
sentient ; I therefore feel extremely happy that I am sur-
rounded by members of every class of the community—
for I know that many of you belong to the working class
—that class which unfortunately has been too long mcsled—
all of whom seem impressed with the responsibility which
compels them to come forward on this occasion to do that
which all true Englishmen should do—resolve by every
constitutional means in their power to effect the reversal of
that system of policy which is by degrees creating incal-
culable distress in every branch of British industry, and
surely, though to some it may appear slowly, effecting the
ruin of the English agriculturist. (Hear, hear, and ap-
plause.) Let me ask you if there is a landowner, a trades-
man, a manufacturer, or a labourer, who does not feel
that his means of sustenance are not greatly damaged by
the operation of what is falsely called free trade ? (Yes,
yes, and applause.) I tell you, gentlemen, that a crisis is
at hand—not a crisis as to men ; not whether we shall
retain in power one party or another,—but a crisis that
will strike at the root of our social institutions. (Hear,
hear, and cheers.) It is no wonder that this great move-
ment is now going forward. When we see almost every
class of the community sacrificed that onealone may be sup-
ported, it is no wonder that individuals whose occupations
are so different—(but whose interests, let me tell you, are
identical)—are uniting together to avert that ruin which
at present threatens all. (Hear, hear, and loud applause.)
We are not met here for the support of a party. I said so
before. (Hear, hear.) It is not a question of party we
are met to discuss. It is not on this man or on that that
we shall rely; but on those principles of truth and jus-
tice which should animate all good men. (Cheers, and
some confusion.) I know that I shall meet with that
support, and, let me add, cordial good feeling which will
enable me to govern this meeting, and preserve it from
becoming a discredit to the town—(hear, hear)—and in
order that there might be no mistake, I asked the ques-
tion, a little while ago, whether any indivinual was present
who objected to the meeting. I have :now only to say
that the promoters of this meeting shall be glad to see all
parties remain; but we cannot waste our time in useless
altercations or discussions. (Hear, hear, and applause.)
The object of our being assembled here to day is to enable
us to be placed in a position which will allow us to com-
pete with the foreign producer. We say to every interest
protect it ; but we say protect the British interest above
all othere, in order that the people of this country may
prosper. It is not improbable that the present parlia-
ment may be so pledged to free trade policy that
it cannot retrace its steps, and therefore I am of opinion
that it will require a dissolution of the body to enable us
to effect that which we desire.—(Cheers.) I trust that
we shall soon see that body dissolved, and when it is so,
then I hope that every man who has a vote will exercise
that constitutional privilege so as to enable another House
of Commons to deal fairly and justly with the interests of
the people of this great Empire.—(Applause.) It is not
my desire to speak on the general question. You will be
addressed by gentlemen who have who have kindly come
forward to move and second the various resolutions, and
who will tell you the truth, which is just what we want
you to hear.—(Hear, hear.) In conclusion, I implore you
to be firm, to be determined in your purpose, and I hope
and trust that you will always take as your watchword,
till your efforts are crowned with success—" Protection !"
—(Enthusiastic applause.) Take that word with you to
your studies, to your warehouses, to your counters, to
your labours ; take it with you, and let it be your motto
and watchword on all occasions.—(Applause.) Let every
man whose interests have been affected by these ruinous
laws, say to himself—" I shall be one who will endeavour,
by every constitutional means, to obtain that protection
for British industry which is so well calculated to benefit
our common country."—(Hear, hear, and applause.) Be
not diverted from your purpose ; be not led astray from
your chosen path, by the wily doctrines of those men who
would enrich a section of the community at the sacrifice
and on the ruins of every other:portion of our great Em-
pire,—(Enthusiastic applause, amidst which the chairman
resumed his seat.)
Mr. A. B. Goss, in moving the first resolution, which
will be found in our advertising columns, contrasted briefly
the suicidal policy of this country, with the fostering one
which had always been acted upon by the government of
the United States, which, he continued, could never be
induced to reciprocate with us. In proof of this position,
he read a portion of General Taylor's opening address, in
which he declared that it would be the policy of his ad-
ministration to maintain such a scale of import duties as
would support the revenue of the country, and at the same
time afford protection to its native industry.
The motion being briefly seconded by R. B. SMITH,
Esq., of Lydiate, on a shew of hands was declared by
the Chairman to be carried in the affirmative. A demand,
however, was made by a party in the room, composed
chiefly of working men, that the negative side should be
put, it was explained, however, by the chairman and other
gentlemen, that the meeting being one composed of the
friends of protection, called for a specific object, a discus-
sion would not be allowed. If the free-traders—should
there be any in the neighbourhood—wished to have a
meeting of their own, they (the protectionists) would not
interfere with them. After a little interruption, an in-
tended amendment was withdrawn, and the proceedings
went on.
Mr. JOSEPH STONER, of Ormskirk, in proposing the
next resolution, said, that taking into consideration
the amount of land cultivated in England, Scotland, Ire-
land, and Wales 176,000,000 acres), the amount of capital
required to work that land, the rates of rent paid, and the
amount realized from the produce, at present prices, that
an aggregate loss of £7,000,000 per annum was sustained
by the farmer. He then took an able review of the posi-
tion which the agriculturists of this country at present
occupy, as compared with that which the manufacturers
do, and shewed that, taking into account the capital in-
vested in tillage, rental, farming stock, implements of
husbandry, &c., that the farmer had an investment in
- this country o £503,000,000, whilst the manufacturers,
of which they had all heard so much, had only £45,000,000
invested in their entire trade, leaving £468,000,000 of a
balance in favour of the farmer over and above the entire
amount invested by manufacturers in their entire stock,
I mills, machinery, and other implements.--(Applause.)

What were the taxes paid byagriculture? direct,he meant ?
£ls,ooo,ooo.—(Hear, hear.) What amount were paid by
manufactures ? £4,ooo,ooo.—(Applause,) They had no
doubt heard a great deal about the numbers of men,
women, and children who were employed at the factorie
How many people were employed in the manufactures of
this country ? Why, 9,356,196. How many in its agri-
culture? 17,449,896. (Applause.) Now they had been
told over and over again that free trade was to make the
manufacturing interest flourish. Had it done so ? He
contended that it had not done so, and quoted in support
of his view the fact of the enormous increase which had
taken place in the poor rates and paupers in many of the
principal towns which wore the seat of the manufactures
of this country. He also took =i review of the state of
crime, comparing the alarming increase which the late
returns exhibited with the small number of convictions
which occurred some years ago, and attributed the
increase to the destitution which prevailed consequent
upon the. Free Trade measures of Sir Robert Peel. From
this subject the speaker proceeded to take a glance at our
colonies, which afforded him full scope for an able review
of the past and present position of our once important
colonial possessions. He demonstrated that the ruin in
which our colonies are now involved was solely attributa-
ble to the desire which a class of legislators evinced to
benefit the foreigner, who, to a small extent, was a cus-
tomer at their own doors. He contended that it was im-
possible for the British artisan to work for the same wages
as the foreigner, and therefore when brought into competi-
tion with ill-fed, cheaply-clothed, untaxed foreigners it was
impossible for him to live. They might talk of pulling
down the landlord. Which of them would like to see the
inmates of Lathom House prevented from exercising that
kind-hearted philanthropy with which their names were
always associated ?—(Cries of " none of us.") Which of
them would desire to see the ancient families of the land
—men whose names were handed down in history familiar
as household words—reduced to the necessities of a com-

mon lodging-house ? (None, none.) And yet free track
would just result in that state of things. (Hear, hear.)
For what boon to the country were they called upon to
make such a sacrifice ? Forsooth, to please Cobden and
a few of the cotton lords of Manchester ! In conclusion,
he advised the people of England to establish a British
and Colonial League, on the principle of the German
Zollverein, the object of which would be to protect Bri-
tish interests from foreign influence. Let this league be
reciprocal, and, where due and firm advantages were ceded
to Britain, let her relax her tariff in favour of that parti-
cular nation. He should like to see a party formed in
the country who would unite principle with policy, but
who would not bend to sacrifice the rights of the great
body of Englishmen to promote the welfare of an insigni-
ficant fraction of the community. (Loud and enthusiastic
applause.)
Mr. LAWRENCE WRIGHT, in seconding the r
tion, said that they were all aware that in this—
indeed, it was the case in every country—no class of the
community could be ruined without the whole body
politic suffering from the effects of such ruin. This nation
might be likened to the fable of the " bundle of sticks."
Taken collectively, they were invincible ; but, if one in-
terest after another was to be sacrificed, the whole might
ultimately be destroyed. Free trade, as at present car-
ried out, was no more than a farce and a fallacy. Was
England to receive duty free allthe commodities of the world,
and were suchnations as France, Belgium, Germany, and
America to be allowed to charge their 10, 20, or 40 per
cent. duty upon our exports to them ? The thing was
ridiculous; not that he did not admit that free-trade, as
laid down in theory, might be a very good thing. But
there unfortunately was this drawback—it was imprac-
ticable ;—(hear, hear)—and that system which was im-
practicable never could be good. (Hear, hear.) He for
one should like to see the present Parliament dissolved,
and good men—men who had some stake in the country
—men who had the interests of the country at heart,

'esolu-

elected in their stead. If that were done then the ques-
tion might be fairly tried, and the sense of the country
taken upon a question so vital to its import : but till that

(Applause.) He had great
adoption of the resolution.

pleasure in seconding the

Tile CHAIRMAN then put the motion, which was car-
ried in the affirmative.

Mr. FAIR!! intsr moved the next resolution. He said
that he had no desire to see trade depressed. He would
be glad to see all the working men of England well em-
ployed, and trades, manufactures, and commerce of every
kind flourishing. Nothing could be further from his

desire than to oppress the a'rtizan, as some of his friends
had accused him of doing. He wished as much as any
man present to have a cheap loaf, but at the same time
he was desirous that the cheap loaf should be the pro-
duce of England. If not, then he would ask how were
the farmers of England to live ? How were the taxes of

England to be raised ? How were the tradesmen and
artizans of England to be employed ? How in short were
all classes to be fed ? How was the government to be
supported ? Would the foreigner do thes • things ? Cer-
fainly not ; and they might rest assured that the day they
became dependant upon the foreigner for the support of
their people, that day would see the decline of England's
glory. It was, in his opinion, the produce of this country
alone which should be cheap. If they reverted to their
old and sound system of policy, then he had no fear for
future welfare of this country : then trade would flourish,
men would be well paid, the rustic population happy and
contented, and the designs of those who would degrade
this kingdom, in the eyes of the world crushed, for ever.
(Hear, hear, and loud applause.)
JAMES CULSHAW, Esq., in seconding the resolution,
said that he was an advocate for protection to British
industry beeause his experience led him to believe that
such a system of policy was not only sound in itself, but
that it was eminently conducive to the interests of the
poor. (Hear, hear.) He had, he could assure them,
the welfare of the poor at heart. He had no pleasure in
eating his own bread when he thought the poor were ill
fed. (Applause.) He was of opinion that a great mistake
had been made about free-trade; they had begun, as their
recent legislators had always done, at the wrong end.
There might be soma truth in a few of the principles laid
down by the present policy ; but then there was more than
a counterbalancing amount of wrong in it. Had they
commenced right they would have taken off the duties on
corn before they repealed those on provisions—before
they meddled with that portion of the tariff which they de-
stroyed in '42. The farmer does not depend on corn
alone for remuneration. He depends as much, if not
more, upon his live stock and provisions ; but then,
what did these sapient legislators do ? Why, to
appease a party they first gave up the kernel, and
then threw the husks after it. (Hear, and loud applause.)
In '42 the farmer was placed in a disadvantageous position.
in '46 his ruin was completed. He contended that
if these free traders, instead of repealing the duties upon
provisions at all, had repealed the duty on corn when they
altered the tariff in '42, the people would not now be suf-
fering from that distress which they all felt. It was said
that they must have cheap tea, cheap corn, cheap coffee.
He said more. He said they must have cheap money.
(Hear, hear.) If they were to have unrestricted trade
then Peel should give them an unrestricted currency to
enable them to live under his stringent laws. He firmly
believed that the consequence of free trade would be
that it would throw so much of their own land out of cul-
tivation, that when a few bad harvests would come we
should have to import a greater quantity of corn and ex-
port a greater quantity of money than would far more
than counterbalance all the professed cheapness of the
policy, and that we should have corn in such an emergency
much dearer than under the sound policy of protection ;
and that, as a consequence, the artizan class instead of
being well fed would be subjected to greater distress than
they had ever known. They would be at the mercy of
the foreigner. (Hear, hear, and cheers.) They had
been told over and over again that the English far-
mer should be able to compete with the foreign grower.
They might be able, and he had no doubt would be able
to do so, if they were placed on an equal footing with the
foreigner, who could take advantage of slave labour,cheap
wages, and many other immunities • but could they ask
for such helps to aid the farmer ? !Would the people of
England become slaves for his benefit ? [A Voice—" We
are slaves already."] All that was against the foreigner
when coming here to compete with our own farmers, was
to be found in freights and shipping costs; but then the
heavy taxation to which the farmer was subjected far more
than outweighed that triflng impost. (Hear, hear.)
[A Voice—" Join Cobden for a reduction of taxation."]
As he had no faith in the present Parliameni, nor in the
present advisers of her gracions Majesty, he thought it
was the bounden duty of every loyal subject to petition
her Majesty to dismiss both from her councils, and he
hoped she would see the propriety of granting the prayer
of their petition. He regarded these measures as the
precursor of a species of slavery in Great Britain, more
baneful than the slavery of America—he meant the grind-
ing slavery of the factory ; but Britains he hoped—at
least so long as he lived—never would be slaves. (Tre-
mendous applause. He would cordially second the reso-
lution—which was put and affirmed.
An address to her Majesty, praying her to dissolve the
present parliament and dismiss her present ministers, was
then adopted by the meeting; after which, on the motion
of Mr. MOORE, supported by Mr. STONER, it was re-
solved that the resolutions be advertsed in the Liverpool
Standard newspaper.
The thanks of the meeting were then given to the
Chairman ; three cheers for Lord Stanley, three for B.
Disraeli were given and heartily responded to, and the
meeting separated.

COMMERCIAL AND MONETARY REPORT.

Monday Night

Business in the share market during the past week has
been less active than during the week previous, and from
the incessant efforts of the bears, prices have been lowered
a little. Yet very extensive purchases have been made of
London stock and quarters, for the whole of which names
and money are ready. We are told that about 9000 quar-
ter shares have to be taken in this market, and large quan-
tities in London and Manchester, to supply which the
real sales have been in no way commensurate with the
purchases. There is a great demand for our local stocks,
the Insurance shares of both companies are much sought
after, and are almost daily advancing in price. Exchange
Building and the Bank shares command a ready sale.
Corn Exchange, however, are very heavy, and cannot be
sold at a decline of £5O in the week. Sales to-day :
Leeds Fifths, 7/d; London stock, 113; New Quarters, lip,
33/9, lip; C Quarters, 28/9 p ; Midland, 443 c 44 4c; Halves,
23g, 8/9, id, 8/9d ; Dover No. 4's, 6 11/3 3; Whitehaven and
Furness, 14/d. ; Dutch Rhenish, 6 sitl ; Royal Assurance, Ip.
As in most cases, after a period of some excitement,
a pause has been made in our produce market, and the
sales since Friday have been so unimportant as to be alto-
gether unworthy of enumeration. Our usual report up
to that date will be found under its proper head in our
seventh page.
Cotton, like everything else, has found a quiet market
since Friday ;, but the advance noted up to that date has
been steadily maintained. In fact, the still further re-
duced estimates which continue to be received must send
prices up, in spite of the waiting business which mini.
RUCS to be transacted by spinners; and sboula the neat

advises be confirmatory of the lower range of estimates,
the consequence upon the market, with the present large
consumption, will be more important than some people
are probably aware of. We have frequently mentioned
the necessity of furthering the growth of the Cotton
plant in the East Indies ; and as Manchester is at present
urging the same matter upon the attention of the govern-
ment and the East India Company, we cannot but think
it would be well if they threw their own influence into the
scale, and prepared, in the day of plenty, for the emer-
gency of probable scarcity. The following remarks,
which appeared in the Albion this morning, so completely
accord with our own opinions on the subject, that we
cannot resist the temptation of quoting them :

" The encouragement for an extension of its cultivation does
not rest, however, with the East India Company, but with
Manchester herself. Whea a large crop is produced in Ame-
rica, the spinet r 3 will not look at Indian Cotton, and the
holders of Surats cannot then effect sales at any reasonable re-
duction in price. An extended import from India under such
circumstances is not a benefit, but an evil, being simply a dead
weight on the market. True, Manchester may desire such
(lead weight to help her in her bargains for American Cotton ;
but that is the offspring of selfishness, opposed alike to the
principles of sound commerce and of political economy. If
Manchester really desires from high motives an extended cul-
ture of the plant in India, let her subscribe a portion of her
wealth for the formation of a trunk railway from the heart of

Let her spinners

the cotton-growing district to Bombay, and
likewise enter into a contract with some of our Bombay mer-
chants to take from them a certain number of bales per month,
either at a fixed price, or at a price for Surats proportionate to
that of boweds, quality for quality, making the basis the differ-
ence in price of the same quality of each kind at the time of
entering upon the contract."
The improvement in the value of the raw material bas
produced a corresponding enhancement in the price of
manufactured goods ; and although, doubtless, prices
must ultimately give in to any reasonable and pro-
portionate demand of this nature, it has caused a tem-
porary retardation of business.
The sales on Saturday reached about 6,000 bales (2,000

, and to-day, about 5,000 bales have
^- 1,000 on speculation), the market

being on speculation)
been sold (including
closing very firm.

Nothing of novelty has developed itself in the Corn
markets of the United Kingdom since our last. The in-
clination downwards still continues, and, generally speak-

ing,
a further slight depreciation has taken place in the
value of both native and foreign produce. The question
as to whether Wheat can be produced at ss: per bushel,
and allow a profit to the growers, may, indeed, soon b
come obsolete, if the steady, though slow
still lower prices cannot be arrested

.ogression to

Our local trade requires little description. There is
next to nothing doing, and, consequently, no alteration
in prices since Friday. We always make a special clause
for Indian Corn ; this article is rather easier to purchase ;
some of the recent arrivals are offering at 3d per quarter
less money from the ship.

On Friday and Saturday we had large supplies of some
articles ; we subjoin a summary :—Wheat, 756 qrs. ; Bar-
ley, 34 qrs. ; Malt, 428 qrs. ; Oats, 3,578 qrs.; Beans,
1,243 qrs ; Indian Corn, 17,942 qrs. ; Oatmeal, 8,938
loads ; Flour, 2,583 sacks, and 14,169 barrels.
On the 23rd instant there was a public sale of East
India Wool : the attendance was very good, and prices
were fully id. per lb. above the sales in December. Our
imports continue ",'exceedingly light, consequently our
market is still very bare. Imports for the week ending
28th instant :-135 Foreign, 21 Irish, and 81 Scotch.
Our market for Scotch Pig Iron has improved in price
since our last report. Mixed numbers have been sold at
495. to 495. 6d. ; 50s. is the quotation to-day. 51s.
No. 1 Gartsherrie f. o. b. at Glasgow, and there is every
appearance of higher prices. Bar Iron at £5 2s. 6d. to
£5 55., at which prices some business has been done.

Proportionately, as we yet into our new importations
of American provisions, so does the market become more

deserving

Lttentior

and we offer no excuse for giving

`rem the cir-

ter and

" Here, a good inquiry has existed for old bacon, and several
parcels have been taken at full rates; new has been sold more
freely, at 345. to 355., at which rates importers are now unwill-