The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1845-10-28 00:00:00

A NOTE OF WARNING•

From the Record.
of the present generation, are those of 18247," eat.
The pan;cs, as they are called, most in the remenettned
those of 1834 and 37. The latter was in the, ei,leol the
whence it arose considerably different front tßa' ,irots•
former, but both issued in widely-spread pecuoiarY, the
tation and ruin. The objects which have called 0' ith
present preternatural ebullitions of cupidity, are, elfaio
this difference, multitudes find a security
very different from those of the former periods, a%po
proaching calamity, similar in intensity to those But,
wound up the history of those former evil (111.0' moo/
probably, this difference is deceptive, for tbe I),ll:r,fh-soch
which it is used. The grand distinction on squ'i the
persons rest their confidence is this ; that forme: liso
schemes which
led to pecuniary distress and coor, sts
were chiefly foreign. wiiile those of the present ull'entlf
fregoutio
nearly exclusively domestic. This, though
stated as a fact, is no fact. The fact is this, thet,!,:b tbe
the extreme as the pecuniary obligations under I'M" .501
entrPrirece,
multitude here come in relation to domestic
the enterprise as a whole is of such giant and loot
dented dimensions, that the amount of te„oe,
schemes entertained in this country at the prese'„iit
exceed, by about ten millions sterling, the sal°;thet!
foreign_ schemes in 1824-25 and in 1834-37 Put,
We shall proceed to prove what we have sato. or,
The following table we believe to be substantiO
sA
rect, and it will shew the relative extent of the Peclote
enterprises entered upon in the three periods
pert
mentioned : agaisst awnbich

Total
04*
Home Foreign Anioo
Schemes. Schemes. i 1
610
e .e 4.9 0 ,00
I n 1824-25 there were .. 156 778,630 .. 48,187,000 • • -,,,,149./ ,
1834-33 „ .. 139.073,701 .. 21,175,000 •• 1e",,514.L°6
18'44-45 •, .. 61:1,262,200 .. 79,250,000 • • ',,5 014,1710
In Ist period deposits were paid up to the amount Of.• ' '616,0'
0,
2d •• ,• ••
4940
3d „ there are, or are represented to be, •
79,4, ,
fie
deposits to the extent of .. .. 4T.. ti, 85
Such a table as the above, supposing it to
'ill, Pre.
believe it does, a reasonable approximation to On kiwi.
sents to our minds a picture of a most alartniBgA 101 l
The subsisting schemes are ridiculous in extent aitiTolitifr
absurd as it respects their impracticability. 168-,,efi 5 8e;
to sanity in the public mind—will d
ing, as we do, that the first serious reverse—we - a Yeti
turn
large proportion of them as snow melts before thent, g 0
issiPate stor
mer's sun, still there will remain, in our judg!l'e,,,,riseh,
amount of obligations, ou home and foreign en'e';ApilP
fully entered into by responsible persons which the
pressure of a disastrous ch:tracter.
of the country will not be competent to meet Ici' e sof
Nv e theroor 4.
go W °
again to our readers personally interested, T!
IN
-e G. the 1388/‘
The following table of the stock of bullion in o, be
of England at the different periods in question 83
n 411
most interesting and instructive : ,i,347,,,,p
la Feb., 1824
'4:113,81412,0".0° In Feb., 1834
In Jan., 1845 .414,801,521 In
Feb.,Feb. 11862367.............;11221'"

In June „
In
The fact of the harvest 4614,8.,5,0turnin out considerably fed ,A , woroe
g than was anticipated, and proving,
'
as we believe; cols'
considerably under an average crop, united to !lici to $
mitous disease in the potato, will necessarily le%tatics
large importation of furz-ign corn, which circutn'peca•
again is likely to exercise a hurtful influence on the
niary circumstances of the country.