The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1851-02-25 00:00:00

THE LIVERPOOL STANDARD.

ANNUAL MEETING OF THE LIVERPOOL
FEMALE ORPHAN ASYLUM.

The annual meeting of the Liverpool Female Orphan
erday, in the school-room of the
FAn._ took the chair;

fter a few eon?,

yatulatory observations, cane,

Harmood Banner, Esq., the treasurer, to read

THE REPORT,

which commenced by thanking Almighty God for his
watchfulness vouchsafed to the asylum ; and congratulated
the meeting that, the pressure of the times having been
removed, the flow of benevolence had again set intowards
the charitable institutions of the town, and enabled the
committees to meet the current expenditure, and some
of them to make favourable investments of the donations
entrusted to them. This society was in this fortunate
situation, having been able to invest donations to the
amount of £4OO. The committee of the Female Orphan
Asylum invited all who take an interest in the welfare of
orphans to pay a visit to the institution. They would
find that the children continued to be well-fed, well-
clothed, and well-taught. Miss Davies' excellent super-
intendence was, as usual, conspicuous ; and Miss Sanders,
in respect of the mental culture of her scholars, is also
entitled to renewed approbation. Fifteen girls had been
apprenticed out during the last twelve months; two had
died ; and one hundred and fifty-seven were now in the
asylum. The committee alluded with satisfaction to a
movement which had been got up, and was progressing
satisfactorily, for the establishment of an asylum for
orphan boys, a house for the purpose having been taken
at 21, Hope-street. Amongst 22 boys thus far admitted,
11 have sisters in the Female Orphan Asylum, and five
have brothers in the Blue Coat Hospital.
The disbursements for the year had been moderate and
were met by the annual subscriptions received. the
amount derived from church collections, and the money
earned by the needle work of the children. The number
of their subscribers had been diminished by death, by
which a loss had been caused of £5O, which the committee
hoped to replace by increased exertions next year.
Mr. BANNER stated that the £4OO which they bad pro-
posed to invest bad been increased to £5OO by a munifi-
cent donation of £lOO from the president, Mr. Edmund
Molyneux. Mr. Banner then proceeded to read the ac-
counts. The receipts during the past year bad been—
Subscriptions ... £ 905 19 0
Nett amount received for needle-work .. 60 18 3
Church Collections

Total receipts,

£1167 0 0

Mr. BANNER remarked that the amount received for
sewing this year was greater than last year; and that it
had enabled the children to pay for the whole of their own
clothing. The expenditure amounted to £lll6 lls. Bd.,
leaving a balance of upwards of £5l. The cost per head
of supporting the children had been £7 109., or 10s. less
than last year. This included the expenditure on repairs,
painting, whitewashing, salaries, &c.
The Rev. Archdeacon BROOKS moved the adoption of
the report, and stated that the reason why he asked how
the expenditure per head was so low was that he was con-
nected with some other establishments where the cost was
much larger. This, however, he was prepared to account
for on looking at the trifling expense of their staff. The
rev. rector paid a very high compliment to the president
of the asylum (Mr. Molyneux) for his munificent conduct,
which was usual with him, and to the teachers, Miss
Davies and Miss Sanders. After a few remarks upon the
formation of the asylum for boys, of which he approved,
in order to provide for the admission of orphans who
were excluded from the Blue Coat School by its rules,
Mr. WINCH seconded the resolution, which was passed

unanimously.
Mr. MocATTo moved a vote of thanks to the clergy
who had preached for the institution. _ _

Mr. LErcu seconded.—Carried unanimously.
The Rev. Mr. NORTH moved a vote of thanks to Mrs.
Winch, the lady patroness, and Mr. Molyneux, the

MOCATTO seconded.—Carried unanimousl

Rev. Mr. HIGGINS moved a vote of thanks to Mr.
Harmood Banner, for his able services as treasurer, which
he was entreated to continue. The institution owed a
very great debt of gratitude to Mr. Banner; for the
prosperity which it enjoyed was, in a great mea-
sure, owing to his untiring exertions; and the children
in the institution regarded him as their father and their
friend, almost their playfellow. After some very feeling
allusions to Mr. Banner's exertions to improve and to
render those children happy, the rev. gentleman con-
cluded by saying that he could not consent to treat this

as a motion of course.
Miss LOWE seconded

Mr. BANNER returned thanks, and explained that his
great motive in devoting himself to the carrying on of
this asylum, was his impression of the great good it was
calculated to effect. He was satisfied that it was snatch-
ing from danger a number of otherwise unprotected female
orphans, who, he believed, would leave its shelter so in-
doctrinated with good, that they would become, in their
station, ornaments to society. He had three in his own
house who were treasures to his family. Mr. Banner
concluded by moving a list of officers.
Mr. HESKETH seconded the resolution, which was car-

tied unanimously

SUPERIORITY OF THE BRITISH ROUTES FOR EMI-
GRANTS, SINCE THE CANADA CANALS HAVE BEEN
OPENED.

ROUTES AND DISTANCES BROM QUEBEC

From Quebec to Montreal by steamers every day at five
o'clock, through in 14 hours. To Three Rivers, 81 miles; to
Port St. Francis, 90; Sorel, 133; Montreal, 180.

From Montreal to Hamilton and Lewiston, by steamers
daily, through in 48 hours. To Lachine, 9 miles ; Beauharnois,
24; Cornwall, 78; Williamsburg, 104; Matilda, 112; Prescott
and Ogdensburg, 127; Brookville, 139; Gananoyae, 171; King-
ston, 169; Cobourg, 292 ; Port Hope, 298 ; Bond Head, 313 ;
Darlington, 317; Whitby, 337; Toronto, 367; Lewiston, 400;
Hamilton, 410.
From Montreal to Bytown and places on Rideau Canal, by
steamers, through to Bytown in 12 hours. To Canilton, 45
miles; Grenvi'le, 66 ; Longuil, 73 • Bytown, 129; Kemptville,
157 ; Monckville, 175 ; Smith's Falls, 190 ; Oliver's Ferry, 199 ;
Isthmus, 216; Jones's Falls, 226.
Steamers leave Toronto daily, for Niagara, Queenston, and
Lewiston. At Lewiston the rail cars leave twice a day for
Buffalo ; distance, 27 miles.
Distance from Quebec to Chicago, 1600 miles. Distance from
Quebec to Hamilton or Lewiston, say 590 miles: of this dis-
tance only 35 miles are through canals, the lake and river being
navigated for the remaining 555 miles.
Passengers can be and are conveyed by steamers from Que-
bec to all the lake ports, including Milwaukee and Chicago,
without transhipment.

UNITED STATES ROUTE

From Montreal to Boston and New York, twice daily, by the
Champlain and St. Lawrence Railroad Company. To St.
John's, by steamer and railroad, 25 miles; Burlington, 100;
Whitehall, 150; Troy and Albany, 230; Boston, via Burling-
ton, 320 ; New York, 390.
Lake Erie, from Buffalo to Chicago, by steamers, twice daily.
To Cleveland, 190 miles; Toledo, 300; 'Detroit, 336; Milwau-
kie, 931; Chicago, 1011.
Distance from Cleveland to Sandusky 70 miles.
9/1 Cleveland to Cincinnati 260 „
„ „ Buffalo to Cincinnati 450 ~
„ „ Buffalo to Sandusky 260

A child named Sarah Ann Taylor, whose parents reside
in Southwell.street, Northumberland-street, died in the
southern hospital, yesterday morning, from the effects of
burns sustained on the sth January.
The Welsh Charity Ball will be held this evening under
, distinguished patronage. The useful charity for
which this festivity has been arranged are languishing for
want of funds.
The poor man Baker, whom we mentioned in our last,
as having been hurt through an accident at Lower Tran-
mere, expired on Saturday evening last, at the Birkenhead
Hospital, shortly after undergoing the operation of having
his leg taken off.
We understand that the Rev. W. C. Williams, Caled-
fryn, well known to his countrymen, as a native poet of
very high order, will perform service, at Salem Chapel,
Brownlow-Hill, on the next two Sundays. OnWednesday
the sth proximo, be will deliver a lecture in the Concert-
Hall, on Cymru, Cymry a Chymraeg.
FATAL OMNIBUS ACCIDENT.—OR Thursday last a man
named Richard Hunt, who resided in Dryden-street, was
knocked down opposite the Custom House, by one of
Yates and Bath's dock omnibuses, the wheels of which
passed over his body. He was carriel to one of the hos-
pitals, where he died on Sunday morning, from the ef-
fects of his injuries.
POPERY IN IRELAND.—We believe that the meeting
announced to take place at the Concert-hall, on Thursday
next, will be an unusually interesting one to the protes-
tants of Liverpool. Dr. Morgan is extremely popular at
Belfast, and his congregation is most numerous and
influential. His details as to the proceedings of Popery in
Ireland will develope facts of the utmost importance.
LITERARY AND PHILOSOPHICAL SOCIETY. The
usual fortnightly meeting of this society was held last
night, at the Royal Institution, J. B. Yates, Esq. in the
chair. The following were the papers read :—Ou the
" Light Literature of Spain," by Mr. Henry Behrend,
M.R.C.S. Some remarks on the Flora of Liverpool and
Wirral, by Joseph Dickinson, Esq., M.A., M.D., F.L.S.
F.B.S.E. _ .

PROTESTANT TEA-PARTY.—A Protestant tea-party was
held last night, in the Shipwrights-room, Bond-street,
under the patronage of the Loyal Orange Institution.
The chair was occupied by the Rev. D. James, who deli-
vered an able and lengthy address, and whose noble Pro-
testant sentiments were heartily responded to by the
company present. Several other clergymen and gentlemen
adaressed the numerous party assembled. The room was
conveniently fitted up and beautifully decorated for the
occasion. In the centre was a flag of " William crossing
the Boyne," and appropriately apart large silken banners
bearing paintings of " Charles mounting the oak." " The
Duke," &c., &c., while at the head of the room was an
emblazoned flag of William presenting the bill of rights.
About the hall were mottoes "No cardinals in Old Eng-
land,"." The open Bible and no surrender," " No Pusey-
ism. The Rev. Mr. James stated that the meeting
had arisen from the fact of his having been
applied to about three months since for the use
of his school-rooms for an Orange Society, and when he
wished to have a tea-party for the benefit of the schools,
it was but mooted when he met the support of the mem-

bers he saw around hiin. He lauded the Orange societies— '
no man of true religion, he said, need hesitate to be a
member ;—and he locked forward to the time when the
nobles of England would have to appeal to such societies
as their surest supporters. He would join the association
heart and soul. After a lengthy address he retired.
Mr. Bradley, the grand secretary, explained the true
principles of Orangeism, and their beneficial influence on
society. After numerous other addresses, the compak.y,
which contained a large sprinkling of kdies gifted with
the beauties of nature, and dressed in the gayest attire,
mixed in the festive dance, and " tripped the light, fan-
tastic toe" with a joyousness almost enviable. The
meeting broke up at a ten.perate hour. The members
were dressed in the regalia of their offices. The proceeds
of the tea party will be devoted to the support of St.
Mary's Schools, Kirkdale.

RETIREMENT OF THE RUSSELL MINISTRY

PROGRESS MADE IN THE FORMATION OF A NEW

GOVERNMENT

The announcement on Saturday morning of a proceed-
ing, on the part of the Premier, in the House of Com-
mons, on the preceding evening, and which was generally
received as the all but authoritative report of the break
up of the ministry, came upon us as a surprise, nothing
having occurred, as it was conceived, to render any such
step compulsory. The defeat on Mr. Locke King's mo-
tion was very generally regarded as one of those instances

of over-confidence, which had, on several previous occa,
sions, placed them in a humiliating position. The debate
on the budget, ridiculous and paltry as that budget was,
did not indicate any serious intention, on the part of the
opposition, to drive matters to an extremity. In our own
town there had been little expectation of any very states-
manlike measure from the Chancellor of the Exchequer;
and the effect produced by his bungling proposition was
little more than a smile of compassion, or an expression of
wonder that the financial affairs of a great commercial
country like our own, could be committed to such incapable
hands. A few discerning people, however, noted as signi-
ficant the veering round of the London Times, botlfupon
the subject of the budget and the renewal of the income
tax. For a fortnight previously our contemporary had
been boxing the political compass, and been scarcely two
days together pointing to the same quarter. The fre-
quency and. the long sittings of the cabinet councils, which
have been held during the last two months, gave rise to
impressions that there was a screw loose somewhere ; that
the atmosphere of the cabinet was not that of Arcadia ;
that the tempers and opinions of the members of the ad-
ministration were not altogether in harmony with each
other; and the announcement consequently came upon
such reflecting parties in our community a little before it
was anticipated, but not altogether as a thunder clap.
Premising thus much, we shall proceed to lay before our
readers as succinct an account as we can arrive at, of the
proceedings relative to the event which has occurred, and
the movements which have taken place in the endeavour
to construct a new administration.

The precise reasons which prevailed with Lord John
Russell in inducing him to withdraw from the helm of
affairs, are not, at the hour in which we write, very clear.
Upon this subject the Times of yesterday remarks :

" It will be for Lord John Russell to inform parliament and
the country this evening of the powerful motives for his con-
duct, which he has doubtless already submitted to his colleagues
and to his Sovereign. But it may here be remarked that what-
ever those motives were they did not mainly consist in appre-
hensions of the effect of the Protectionist opposition to the
financial scheme of the government. If the First Lord of the
Treasury thought that scheme worth anything, and if he hoped
to stand fairly. with the country on those important questions
of taxation which come home to the universal interests of the
community, the budget was at least worth a night's debate
and the chances of an adverse vote, which he realised by antici-
pation. But in point of fact, at the moment when this sacrifice
was consummated no such apprehension forced itself upon his
convictions. The tone of the Protectionist meeting held on
Friday at Lord Stanley's house bad been extremely moderate.

The tactics, if not the forbearance, of the Tory leaders taught
them that a successful attack on the chief financial resources
of the Exchequer would prove a most dangerous approach to
office ; and it was known by the government itself, before the
House of Commons met that day, that Mr. Herries' amend-

ment on the income tax would not assume a very formidable
shape. That specific motion, therefore, can have had no more
than an indirect effect on Lord John Russell's resolution,
though it may not unreasonably be concluded that a budget
which every one condemned. and an anti-Papal measure which
no-body approved, were matters to give additional impetus to
the slight shock on Mr. Locke King's motion, and that but for
the general embarrassments of Ministers that untoward incident
would not have proved fatal to their stability."
The Economist whose proprietor, Mr. Wilson of the
Board of Control, is of course in the secret, stated on Sa-
turday, that " the course pursued by Lord John Russell
had no relation whatever, as has been said, to the step
which the protectionists had determined to take upon this
occasion"—viz.: to propose a modification of the income
tax. Other speculations are hazarded, varying according
to the bias, and the means of information, of the authors.
Our own impression is that, badgered on every side with-
in his own cabinet, with an incapable Chancellor of the
Exchequer, a contentious colonial secretary, and elements
of discord of every sort besetting and thwarting him ;
with difficulties, too, of no common order presenting
themselves out of doors; with Ireland again for the hun-
dredth time as his difficulty, and the royal will demanding
its just claim to' be recognised at all hazards, Lord John
met the cabinet council on Friday afternoon, only to
insist upon his being liberated from the incumbrances
that clogged his freedom of action—the presence in his
cabinet of the Grey and Wood clique—and these inert
bodies refusing to give way, or to retire, he determined
upon the only manly course left open to him—viz.: a
resignation of his functions as prime minister.
The movements which had taken place in London up
to Sunday night we give from the London Times of yes-
terday morning :
The Marquis of Lansdowne arrived at Buckingham
Palace from Bowood on Saturday moning, and had an
interview with Her Majesty. Lord John Russell arrived
at the Palace shortly after the Marquis of Lansdowne, and
had also an interview with Her Majesty. _ _ _

At half-past 2 o'clock, almost immediately after the
departure of the Marquis of Lansdown and Lord John
Russell, Her Majesty wrote a letter to Lord Stanley, com-
manding his immediate attendance at the Palace. The
letter was forwarded by a special messenger to the resi-
dence of the noble Lord, in St. James'-square.
Lord Stanley arrived at Buckingham Palace at three
o'clock, and was immediately admitted to an audience with
her Majesty, with whom his lordship remained in close
conference for more than an hour. After Lord Stanley
had left the palace, her Majesty wrote a second letter to
the noble lord, who had not reached home when the
royal missive reached St. James's-square.

Lord John Russell returned to his official residence in
Downing-street, at three o'clock. During the afternoon
his lordship had interviews with Viscount Palmerston and
other members of the Cabinet.
At five o'clock a letter was addressed to the Earl of

Aberdeen by his Royal Highness Prince Albert, request-
ing his lordship's immediate attendance at the palace.
Lord Aberdeen was not at home when the letter reached
Argyll- house, his lordship having left town for Blackheath
at two o'clock. The noble earl returned to town at six
o'clock, and immediately replied to the note of the Prince
Consort. _ _ _ _ _ . .

At half-past five o'clock a '• private and immediate"
communication was forwarded to all the members of the
retiring ministers by Lord John Russell.
At 6 o'clock Lord John Russell proceeded to Bucking-
ham Palace to have a second interview with her Majesty,
with whom his Lordship remained in conference nearly
two hours.
Immediately after the departure of Lord John Russell,
a dispatch arrived at Buckingham Palace from Lord Stan-
ley in reply to Her Majesty's second communication to
that noble Lord.

At half-past nine o'clock, the Earl of Aberdeen arrived
at the Palace. The noble earl had an interview with her
Majesty and the Prince Consort, and remained at the Pa-
lace until nearly midnight.
On Saturday afternoon, a communication was received
at the residence of the Right Hon. W. E. Gladstone, in
Carlton-gardens. from Lord Stanley. In the evening, a
special courier left town with despatches for the right
hon. gentleman, who was to have arrived at Paris on Fri-
day last. Mr. Gladstone is expected in town this morning.
A ministerial despatch was forwarded to the Earl of
Clarendon, at the Viceregal-lodge, on Friday night.
A meeting of about 80 of the Protectionist members of
the lower house took place at the residence of Lord Stan-
ley, in St. James's-square, on Friday afternoon. At this
meeting the ministerial crisis was not even anticipated.
Yesterday morning the Marquis of Lansdowne received
visits from Lord John Russell and the Earl of Carlisle,
at Lansdowne-house.
Sir James Graham paid a visit to the Earl of Aberdeen
at an early hour yesterday morning, at Argyll-house.
The Earl of Aberdeen visited Lord John Russell on
Sunday morning. The noble earl was accompanied by
Sir James Graham.
At a later period of the day the Earl of Aberdeen visited
Lord Stanley, at his residence, in St. James's-square.
At five o'clock on Sunday evening a letter was addressed
to the Earl of Aberdeen by his Royal Highness Prince
Albert, requesting the noble earl's presence at Bucking-
ham Palace. Lord Aberdeen arrived at the Palace by
appointment, at nine o'clock on Sunday evening, and had
an audience with her Majesty and the Prince Consort.
The Times of yesterday gives a more detailed account of
the resignations, which may be regarded as of the greatest
importance :

"The first effect of the dissolution of the Cabinet was to in-
duce her Majesty, by the advice of Lord John Russell or of
other counsellors, to send for Lord Stanley with a view to the
formation of the new government. That nobleman proceeded
to obey the Queen's commands in conjunction with Mr.
Disraeli; but before many hours had elapsed the protectionist
leaders were understood to have renounced their undertaking,
either from the invincible difficulty and peril of the task, or
because the power of dissolving parliament was not unreser-
vedly conceded to them by the highest authority in the realm.
" At a later hour on Saturday evening Sir James Graham
anti Lord Abe-deen were summoned to attend her Majesty,
and it was generally believed that those statesmen would take
a part in the formation of the new administration. It was,
however, desired that the communications at this stage of the
negotiation should be made in the presence of Lord John Rus-
sell himself; and in the course of yesterday a protracted, and
we hope a satisfactory, interview between these eminent per-
sons took place at the residence of the late premier. Loid
Aberdeen was again summoned to the palace last evening, but
has not, we believe, hitherto consented to accept office."
The Times goes on to remark that any attempt to
restore to office the Russell ministry would stamp the
whole affair with the character of " a despicable intrigue,"
and that a junction of a portion of the members of that
government, and of the liberal party with " those
eminent men who most nearly represent the opinions and
the policy of the late Sir Robert Peel, affords the only
prospect of a strong, efficient, and progressive govern-
ment." He adds, very justly, that " the late ministry
bad too much of the spirit and narrowness of a coterie
to conduct the people of England in their progress."

Lord Huntingtower appeared in the Court of Bank-
ruptcy, on Monday, before Mr. Commissioner Eon-
blanque. The fiat was issued in September, 1842, and
the bankrupt's debts were, at the time of his failure,
£40,000, and bills of exchange fraudulently obtained
from him by " bill riggers," under pretence of getting
them discounted, amounted to £300,000. The bankrupt
is entitled to the reversionary interest in considerable
landed property in Kent, Northamptonshire, and several
other English counties, upon the death of his father,
Earl Dysart. The whole property is estimated to the
value of £30,000, but nothing has been received under
the estate. The assignee had died since, and hence the
necessity of the present meeting.
On Saturday, a lady of prepossessing appearance and
good address, who described herself as Lady Huntingtower,
appeared at Lambeth Police-office, accompanied by the
Rev. Mr. Cuff, to represent her abject condition, in con-
sequence of her husband not affording her any relief. She
stated that she and her children were starving. The
magistrate gave her £2, and recommended her to make
another appeal to her husband and his friends.

LATEST INTELLIGENCE.

BY ELECTRIC TELEGRAPH.

MINISTERIAL CRISIS

(FROM THE FOURTH EDITION OF THE HERALD.)
" We can positively state that Lord Stanley has not
faield in procuring the adhesion of such persons as
would form a strong administration should he be called
upon to perform the duty entrusted to him on Saturday.
This, however, may not be demanded of him to-day, in
consequence of circumstances which have occurred since
the interview which his Lordshiu had with her Majesty
on Saturday, and over which he had no conizol. At the
present hour Lord J. Russell is busily occupied in the en-
deavour to construct a new Cabinet. Should Lord John
Russell fail to make a Government according to the new
scheme of administration, Lord Stanley, we have reason
to believe, is ready to fulfil any commands which the So-
vereign may convey to him; and we may state, in addi-
tion, that Mr. Gladstone is expected in London to-night.'"
_ _

A fifth edition of the Herald states that Lord John
Russell had been again sent for to Buckingham Palace,
but was determined not to resume office, and that Sir F.
Baring would not resume the duties of First Lord of the
Admiralty. Sir James Graham, it was stated, was master
of the office, and associated with him the Duke of New-
castle, Mr. S. Herbert, Earl of Clarendon, Hon. F.
Maule, and others of the Russell government.
The London evening papers contain nothing but sur-
mises as to the proceedings in parliament to-night, and
are not worth printing. Of course their anticipations
are rendered unnecessary since the sitting of the parlia-
ment is closed for the evening. We shall announce in
an early second edition anything further which transpires,

Peb. 25, 1851.

COMMERCIAL AND MONETARY REPORT'

►Monday Night. .
Our commercial markets continue exceedingly inactive,
and the present ministerial crisis does not improve mat-
ters, though it is satisfactory to see no pressing of produce,
the impression on all men's minds being that any change
out of the hands of the Greys and the Woods must be for
the better. The family party have enjoyed the loaves and
the fishes long enough, and they must now make way for
business men. The introduction of the budget caused
slight advance in' the value of foreign coffee, and a small
decline in colonial, but since the poor chancellor has been
sent right about, prices have gone back to their previottS
position. 2,000 bags of Bengal sugar have been sold since
Friday at easier rates, and also a brand of old Barbadoes
at an average of 41s. 6d. per cwt.
On Saturday the Cotton market was firm ; and had it
not been for the report of the resignation of ministers,
a large business would have been done. Through this,
little animation existed, the sales barely reaching 4,000
bales, all to the trade. To-day, the advices per steamer
Canada, confirming previous accounts from the States,
has had the effect of causing 8,000 bales to change hands,
at an advance upon our quotations of Friday of 1-16 d. per
lb„ and id. upon those of Saturday. 2,000 bales have
been taken on speculation. Import since Friday—New
Orleans and Mobile, 8,167 ; Maranham, 2,093 ; total,
10,260.

The announcement of the resignation of the ministry
caused the English funds to open on Saturday at a fur-
ther decline, but they slightly recovered before the close
of business. Consols for money, which left off on Friday
at 964, opened at 954 to 96. The last quotations, how-
ever, were 96 to 4- for money, and 96k to 4- for the 11th of
March. Although so complete and sudden a determina-
tion on the part of Lord John Russell was unexpected,
the feeling in the city that some modification of She cabi-
net must soon take place had been sufficiently strong
~to
prevent the excitement and fluctuation it would otherwise
have occasioned. Bank Stock closed 2144 to 2153 ; Re
duced, 964 to s ; Three-and-a-quarter per Cents., 984 ;
Long Annuities, 7 11-16; India Stock, 265 ; India Bonds,
565. to 605.; and Exchequer-bills, 465. to 495. premium.
The increase in the bullion of the Bank, caused by the
gold recently brought by the West India packet front
California, tended to give stability. to the market.
The share market has been steady all week, with a large
business. The announcement of the resignation of minis-
ters on Saturday temporarily lowered prices, but did not
cause the panic which might have been expected, buyers
being ready to take the stock at the prices of the decline.
This may be accounted for from the satisfaction the seve-
ral reports have given the public. During the week the
London and North-western, the Midland and the York
and North Midland, with several of the minor Com-
panies, have issued their statements, all of which are
very favourable. In our Stock Exchange to-day,. busi-
ness has been more active, and the tone indicates
another general advance. We annex the quotations :--
Aberdeen, 134 a 4; Birkenhead L. and Chesh. 94d; Ca-
ledoni an, 114 ; Do. preference, 54 ; Chester and Ho-
lyhead, 204 ; East Lancashire, 144 ; Qld Leeds, 58 ; Do.
Fifths, 7 3-16 d; Do. do. (West R n) 54d; Lancaster
and Carlisle Thirds, 84p ; L'pool Crosby and S'port, fp;
London stock, 133 4- 4; new Quarters, 64p; Do. Fifths,
6 p ; Manchester Sheffield and Lincoln, 34 ; Do. prefer
rence, 114 15-16 ; Matlock and Midland, 34d ; Midland,
614 62.14 2 ; Do. Halves, 14 4 4 4 15 1-16 d ' • North Staf--
fordshire, 7d; S'bury and Birmingham B, 53; Shrews-
bury and Chester preference, 144 ' • Old Dovers, 254 26 4;
York and North Midland, 243 4e; Dublin and Belfast
Junction, 214 d ; Dutch Rhenish, 44d; Bank of Liver-
pool, 184 4; Gas B, 189 ; Do.. Quarters, 474.
The following remarks from the Landon Price Current
of Saturday, on the tinkering applied by the Chancellor
of the Exchequer to the Coffee duties and to Chicory,
will be read with gratification by ourcommercial readers :
" The budget of the Chancellor of the Exchequer, so far as
the coffee quest-ion is concerned, has not disappointed us. We
expected an extremely absurd measure, and he has produced
it. He is profoundly ignorant of the subject himself, and he
has applied for information, and has got it, from parties whose
in crest it is to confirm him in his ignorance, viz, the mixers
of coffee with chicory—and who sell the compound as genuine
coffee, under the attractive names of genuine old Mocha, finest
Turkey coffee, beautiful Jamaica coffee, &c.,-&c. Sir Charles
Wood completely misunderstands and misstates the question,
when he puts it, as if the grower of coffee and the honest trades-
man who vends genuine coffee object to the sale of chicory for
the purpose of cheapening and increasing the consumption for
the benefit of the working classes. So far from this being the
case, we do not believe there is one human being in the whole
kingdom who objects to the sale of chicory, and fully admits
that if the working classes are irclined to drink their coffee
mixed with chicory, or to substitute chicory for coffee altoge-
ther, they have a perfect right to do so. But what the grower
of coffee, the honest tradesman and the whole community be-
sides, with the exception of Sir Charles Wood and the adul-
terators of coffee, do object to is, that an article composed- of a
small quantity of coffee, the other mixtures being- chicory,
roasted beans, peas, &c., should be sold (as it is done} as
genuine coffee, and at the price of genuine coffee. Let
chicory be sold to the consumer as chicory, and at the
price of chicory; roasted beans and peas as roasted' beans
and peas, and at the price of roasted beans and peas;
and if the working classes are inclined to mix all' these
substances together, and drink them as coffee, they surely
ought to have the advantage of mixing them themselves, and
in the proportions that suit their resnective tastes. This would
soon put an end to the vast amount of fraud that is perpetrated
upon the public. As the law stands at present the vendors of
coffee are prohibited, under heavy penalties, from mixing-cof-
fee with any other substance except with chicory; and yet not
one prosecution has been commenced against the infringers•iff
this law, while its vengeance has been directed against the in-
finitely less culpable adulterators of tobacco and pepper-. What
Sir Charles Wood's motive can be for this grossly partial ad-
ministration of the law eo human being can divine. It is no
justification for him to say that the public have a remedy is
their own hands—that they need not buy the coffee in its
adulterated state, unless they are so inclined—that they can
buy coffee beans and grind them themselves—and then they
will know that they have genuine coffee. But does Sir mules
not know that in many poor districts-of the country thereare
no coffee beans to be had—,./11 that is for sate is the viciouS
compound of a little coffee, much cbicory,and damaged beans;
sold, however, under the name of genuine coffee, and at the
price of genuine coffee. To give him a notion to what extent
the public, and especially the working classes, are defrauded,
for whose interests he professes to have so great a regard, we
here-add the value of a pound weight of coffee, which is soldito
them as genuine at the price of Is. 2d per lb.—thus
3-lb. damaged beans, at Id. per lb OW.
4-lb. chicory, at 4d. per lb ld.
4-lb. coffee, at Is. per lb. 3d.

In all
For such gross fraud there ought surely to be some remedy
and if he wants information as to the extent of the frauds) ne
should< apply to such houses as Messrs. Baring Brothers, or
any of the leading merchants or brokers in Mincing,-Inne; and
not to.the mixers and adulterators of coffee, as he actcnowledges•
he hasdone."