The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-03-11 00:00:00

the ct

THE tIVERPOOL STANDARD.

with 22,020,994 quarters of wheat; and in 1916 a
revenue of £62,264,546 was paid with 15,863,578
quarters of wheat. In 1841 a revenue of £48,084,360
was paid with 14,948,505 quarters. In 1849 a
revenue of £52,951,749 required 23,932,993 quar-
ters ; and in 1850 a revenue about the same in
amount would require 26,230,000 quarters. The
rent of a farm of £3OO a-year which in 1841 re-
quired 93 bushels 2 quarters of wheat to pay it, in
1850, the sixth year of free trade, required 149
bushels and 3 quarters, an increase of 60 per cent.
All other outgoings, it is clear, must he similarly
enhanced as estimated in that produce, the price of
which chiefly determines the agriculturist's income.
It is all very well to threaten us with violence on
the part of our manufacturing towns as certain to
result from any attempt to restore a protective sys-
tem, however limited in its extent. The agricul-
tural communitj, however, will not be dragooned
or bullied into abject submission to the certain•
ruin which must ensue from the working of the
present system in a country situated as Great Bri-
tain is. Before we progress much further we shall.
have to determine how the debt is to be paid, and
the revenue of the country raised. We shall have
to determine also what is to be done with a pau-
perized agricultural class. We may have to deal
with insurrection and bloodshed spread over the
whole face of the land ; and then, perhaps, with a
home trade destroyed, with a revenue insufficient
to supply the national wants, with the country
shorn of its defences, and a starving people cla-
mouring at their doors, our millocracy and capi-
talists will be disposed to acknowledge that the
just rights of the majority of a nation cannot be
denied with impunity ; and that there is occasion-
ally such an occurrence in the world as an over-
clever architect bringing down his own house upon
his head.

The letters received from Rome since the first
promulgation of the measure devised for the re-
pression of the insult, directed by the Papacyagainit
this country have fully borne out our views as to the
feeling with which they were likely to be received
in that capital. The first announcement of that
measure by Lord John Russell was regarded as
puerile and ridiculous, so far as regards the prohi-
bition of Titles. Rouse was in ecstasies of laughter
at the idea that her designs could he thwarted
by a measure directed against mere names. Her
hierarchy she conceived to have become a great
fact ; and little it mattered to her whether Cardinal
Wiseman resided in Westminster or in Rome, or
whether, in public documents, the individual Irish-
man placed in authority over the faithful in Tuam,
styled himself simple John WHale, or John Arch-
bishop of that Diocese. But the papacy was sore
at those clauses of the measure which interfered
with the privileges of the priesthood and hierarchy
to grasp the possessions of death-bed penitents.
Popery possesses a tolerably correct notion of the
value of money, as not only great in itself, but
great also as a means to the ends which it has in

The correspondent of the London Times, writing
from Rome on the 28th ult., remarks :
" The Times of the 18th, containing Lord John Rus.
sell's bill, reached us yesterday, and was most eagerly
sought for, as the Galignani, which usually provides
copious extracts from the London papers, of the 19th did
not give this important document. So far as I can judge,
the bill disappoints the hopes and fears of all classes—the
Church of England adherents considering that it is nearly
initicient, and the Roman Catholics being relieved of the
terror inspired by ministerial threats. The only section
which comes up to the general expectation is the money
part, as the Roman Catholics see that where the pocket is
touched a serious injury is inflicted, and they deplore that
Mr. O'Con- ell is not alive to drive a coach and four
through the objectionable clauses. In short, the bill is

looked upon as an abortive measure."
If this was the impression, however, created at
Rome by the hill, as at first brought in, what will
be the mockery with which the propaganda will re-
gard the present emasculated measure—the 9d. in
the pound, instead of the 10s. compromise, a-, Sir
Robert Inglis very justly considers if ? Mr. O'Con-
nell's presence on this earthly scene is now no longer
required. The Government itself has driven a
coach and four through its own measure. Alas,
for Whiggery !
The same letter informs us further that :

"The sacred pontiff is personally much grieved by the
amount of the majority, as it destroys all the hopes he
entertained of a large conversion from Protestantism

thou in his usual mild manner, that he has been de-
ceived by his English advisers on the state of public opi-
nion with us, and that he considers the respective num-
bers on the first vote as full evidence on that point. It
was represented by those who urged, at an untimely mo-
ment, his consent to a project long since prepared in the
Propaganda, that the outcry with which it was received

COMMERCIAL AND MONETARY REPORT.

Monday Night

Our commercial markets are at a stand, there-being
little if any demand for any article of produce, with the
exception of tea, which seems to be attracting the atten-
tion of speculators. There is no doubt that the uncer-
tain position of the government is one of the main causes
of this absence of energy with commercial men. The
general impression is that the present government cannot
continne to wield the destinies of this mighty empire, and
that a dissolution of parliament is inevitable. Such be-
ing the case, matters instead of mending will get worse,
There is yet time to get the election over before the Ist
of May, but whether or not, the commerce of this country
should not be paralyzed for any such bauble. What we
want is a strong government, and the country is looking
to Lord Stanley to form one. He is only waiting till the
pear is ripe, which can't be very long now, perhaps a few
weeks.

The steam-ship Africa arrived on Sunday, with Ameri-
can advices to the 26th ult. It appears that the receipts
of Cotton at the American ports exceed those of last year
by 1:03.000 bales, and that in the quantity exported to
Great Britain there is an excess of 60,00 hales ; but on
comparison with those of 1849, we find a deficiency in the
numner of bales exported of 166.000, and in the receipts
at ports of 134,000. The accounts from this side had
caused a panic amongst the speculators in America, and
prices had declined id. to li. per lb. The following
steamer would not improve their prospects, so that we
cannot look for any amendment for the present. We
gather from the general tone of the letters by this mail,
that nothing new has transpired regarding the crop ; that
the prices were generally high ; that planters were send-
ing their cotton forward quicker than uaoal ; and that the
increased receipts at the ports, with the disappointment
occasioned by the English advices, had caused the depres
sion. Great complaints were being made regarding the
poorness of the quality of the cotton.
On Saturday the Cotton market was dull hut no change
in prices could be noticed. The sales were 4,000 bales, all
to the trade. To-day, upon receipt of the advices per
Africa, showing a continued increase in the receipts at the
ports, with larger estimates of the croo, eur market be-
came unsettled, and sales were efiected at per lb.
decline from the quotations of Friday. The transactions
of the day amount to 4,500 bales, of which 500 bales Surat
are for export end speculation. Import since Friday:—
Uplands 712. Orleans and Mobile 6,453. Egyptian 83, and
West India 45 bales. Total, 7.293 bales.

Since the publication of the brokers' circular, on Friday,
the transactions in foreign and colonial produce have been
to a moderate extent. Sugar has improved in demand,
and we note the following sales :-256 bags Benares, at
41s. 6d. to 435. ; 2.400 bags Pernams, at 19s. 6d. from the
quay ; and 3,500 afloat at the same rate; 40 brls. Vene-
zuela, nt 425. 6d • 1,200 bags low dates, 296. 6d ; and
1.600 Madras, at 31s. 6d. to 38s. We also report sales of
250 lihds. Demerara, at 355. 91 up to 445. ; of Rice, 1,950
bags ; and pocksts have found buyers at 7s. to Bs. for low
broken, and 9s. 3d. per cwt. tor middling. 300 bags of
Saltpetre sold at 100 at 28s. to 294., and 200 at 255. 6d. ;
400 hales Jute, at £9 15s. for very low, but chi. fly at
£lO 15s. to £lO 10s. Some 80 bags black Pepper have
changed hands at 31d. per lb.
On Saturday. the tone of the debates in the House of
Commons, coupled with the unsatisfactory nature of all
the intelligence from the Continent regarding the German
question, caused considerable flatnessin the English funds.
The latest prices will be found, as usual, among our tele-
graphic ad vici,s.
There has been again a very iarge amount of business
done in the Share Market. Neither the Ministerial diffi-
culties, high contangoes, nor Kaffir wars appear to damp
the ardour of speculators. It is quite evident that the
advance in share-property is-only commencing; we hear
the infection of buying spreading in all directions. The
meetings just over have been, almost without exception,
satisfactory: more economic management, and the gradual
developement of traffic promise. in all cases, better divi-
dends. We annex the prices of the business of this day :
Birkenhead L. and Chesh. 7-Ad ; £22-shares, 4d ; Caledo-
nian, 13 3-16 5-16 a A ; Do. preference, 61 A; East Lan-
cashire, 171; Glasgow. P. and Greenock, 11k; Old Leeds,
601 1 ; Do. Fifths, 61 13.16 id ; Lancaster and Preston,
46p ; Leeds and hirsk, 171; Do. £2-paid pref. Fifths,
kr) ; L'pool Crosby and S'port. sp ; London stock, 1301 ;
New Quarters, 51 It 110 ; M'chester Shef and Lincoln,
351-e 4 ; Do. preference, 111 ; Midland. 641; Do. Halves,
131 Ad ; North Staffordshire, 61,1 •, North Western, 101 d;
S'bury and Birm A, 81; Do. B, 6 1-161; Old Dovers,
271 ; York and North Midland. 261 271; Gt. Southern
and Western (Ireland), 442; Waterford and Limerick,
161; Bank of Liverpool, 191 1; Borough Bank new £lO-
- Ap ; North and South Wales, 31.

On Friday, Mr. J. G. Morris. of this town, was ad.
mitred a member of the Royal College of Surgeons.
Mr. W. H. Higgins has been appointed chairman of
the Birkenhead Protestant Association it. the place of Mr.
Dove, who is leaving Birkenhead fora short time. _

On Saturday, Thomas Curran died of consumption in
the Borough Gaol, to which place he had been committed
for twenty-one days on the 25th ult.
• Mr. WGibbon has made a pair of elegant military
Hussar boots for the Exhibition, which it will be seen, he
will have on view to day and to-morrow.

Mr. Grantham has consented to give a course of lectures
at the Collegiate institution, gratuitously, on the steam
engine and its practical applications, to commence on

Friday next

The Rev. Dr. NCNeile is announced to speak to-mor-
row at. the annual meeting of the Irish Islands and Coast
Society, in the Hanover-square Room., London. The
Duke of Manchester will occupy the chair.
The University of Dublin has conferred the degree of
D.C.L. on Dr. Hume, of this town. Lord Gough has
also had the same distinction awarded to him by that
college.
We understand that Mr. Beam, jun., who was last
Monday brought before Mr. Rushton, relative to the pos-
session of some watches, was liberated next day on the
arrival of his father in Liverpool, .

. .
FATAL ACCIDENT.—Rosanna Good, an old woman, died
on Saturday in Northern hospital, from the effects of
an accident which happened to her on the previous Mon-
day. Deceased was picking cotton from the street about
Brancker's warehou,e, when the projecting bale from a
passing lorry jammed her against the wall, injuring her
face very much, and eventually resulting in her death.
CURIOUS CAUSE ON DEATII.—On Friday evening, a
young roan named William Irwin, in the employment of
Mr. Smith, a provision-dealer, in Hill-street, purchased
some oysters at a stall in the street ; he ate a dozen of
the oysters; shortly afterwards he was taken ill and died

on the following morning. A boy who had eaten one o
these oysters at the same time, also suffered from the
effects of even so moderate an indulgence.
DREADFULLY SUDDEN DEATH.—On Sunday afternoon
Mi. Thos. Holland, landlord of the Punch Bowl, Fleet-
street, expired ,chile walking along Great George-street,
from the bursting of a blood vessel. About a week ago
Mr. Holland was attacked by a violent cough, which had
weakened his constitution considerably. O'i Sunday
afternoon he left his home for the purpose of walking

down to the docks, in order to obtain some intelligence
by the Africa. Ile bad scarcely left the house ten mi-
nutes before he was brought in a corpse. Fortunately,

Mr. Davis, of teet-street, nuppeueu Lu uu lit Luc DLICUIL
when the dreadful occurrence happened, and thus no time