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

Ribtrpo-il "taltbarb.

9RNING, JUNE 6, 1848

Dock Estate by

Dock Trustees of Liverpool, have assumed an

'at aspect

from the rejection of th

Commissioner

of Woods

150,000 far the comple-

iously to this decision

there appeared little prospect of a decision of an 3
- - -
bondholder!

nd beir

leadine

hich the Dock Trustees could

t the r

ction of the bill,
s said, have become

he negotiations have been
.?.einent be-
vever, have

So many rumours, t

the precise In

upon which

Cre do not think it

to our ears with respect to
nceive to be good authority.

It may take place to-day, we

edition

THE case of t

men, wt

meeting on
reported in

Wednesd

incom

-iarto its expendi-

Ye are

Deans; and ever

dent man will admit

our first dut

', in such

s to economize—to overhaul our
ants, and to set about the reduc-

tion of our-e

slaving clone this,
perhaps the next best thing would be to ascertain
what has been the cause of our inability to meet
gagements ; and whether we cannot by
exertion, or by a change of system, increase our
incomings to their wonted amount. This, at all
events, would be the case in individual cases ; for
however proper it may be to take care that we do
not wantonly squander—and the time when we are
lAven to such thrift is generally when we find
t we can no longer afford to squander—it is

our en

y when we see that the
lessening of our earnings has precipitated the
difficulty upon us, to direct our attention earnestly

to this branch of the sub

With these views, we complain of the logic of
'ity of the speakers at the meeting in
They draw so closely together their
re of suffering and their remedy as to lead
J infer that the suffering has been caused by
,e 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
has been carried on at a loss; that cotton has de-
clined in price 40 per cent. within the last six
months, and that manufacturing operatives in
Manchester are almost at a stand-still. He might
have gone 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"
will not remove it, or preirent its recurrence. The
sources of our suffering lie deeper than this. They
lie beyond the last few months of revolutionary
movements upon the Continent ; for they were'
felt as acutely as now, commercial disaster was as
rife two years ago, before we had ever dreamed of
and whilst the crown of France
appeared as securely fixed upon the head of Louis
e crown of Great Britain upon that
y, Queen Victoria. Judicious re-
f our expenditure, we repeat, is a
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
it is to the dying lion to listen to the chattering of
the birds of carrion, assembled to prey upon his
lust not, in meditating an
-lfish perpetrators of this
zives to be led for a moment
eal and vital cause, which has
featherweight of the burthen no

revolutions, and w

Philippe as thf

onslaught upon tlu
__ .
11low ours

away from the
rendered this h.

ng, for the last few years, i