The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-04-14 00:00:00

£291,000, being at the rate of £702 per share, including
the bonded debt of £21,000. This was thought very
liberal on the part of the Corporation. He (Mr. Tinne)
bought the meeting would agree with him that it was
liberal, when they recollected that within a few weeks
from that time the price of their sha es in the market was
only £652. (Hear, hear.) This off I. the company had
refused to accede to, on the ground that it was much be-
low the value of their property. (Hear.) He (Mr. Tinne)
was not aware of the exact value put upon the property of
the company, but he believed it was not much below what
Mr. Reay had stated, though it was proposed in the new
bill to appropriate new shares to their own proprietors
at £476 only. (Hear, hear.) On this question, he must
say that the Corporation had not been at all backward,
but had endeavoured to obtain possession of the works at
a fair price to both parties, and he thought the existing
companies were entitled to considerable credit for having
so long supplied the town with eater when the authorities
had neglected of refused to do so. (Cheers.) Without,
however, entering into the question, as to whether it
was right or wrong for the Corporation, in forseer
dais, to supply the town with water, he might be
permitted to say that the system upon which the existing
companies had proceeded was very bad ; and in conse-
quence of the engineering skill now available, he thought
great improvements might be made, and considerable
expense saved in procuring a necessary and constant sup.
ply. (Loud cheers.) He was also glad that allusion had
been made by the last speaker to the quality of the water,
for that was almost as important as the quantity. At
present they had most excellent water supplied out of the
earth, but it was of a most extraordinary hard description.
It was very pleasant to drink, but when it came to be
used for domestic or manufacturing purposes, the extra
quantity of soap and soda which was required added very
considerably to the expense of using it; and it was a well
ascertained engineering fact that the deposit of " fur" at
the bottom of boilers, which was so destructive of the
iron, and which was occasioned by the lime or chalk con-
tained in hard water, might be almost, if not entirely,
obviated by the use of a softer water. The objects to be
sought after, therefore, should be soft water, of a sufficient
quantity, and at as cheap a rate as possible. It was also
essential that they should not only seek for a supply for
the present day, but they must look ahead, for every
census showed an enormous increase in the population of
the town, and no one could well calculate what it would
be twenty years hence. It might, however, be safely
inferred, that it wonld not fall short of 600,000, anti
their resources ought to be such that without any great
additional expense in erecting new works, they would be
enabled to provide for centuries an ample supply of water
for the increasing population of the town, by a cheap
and comparatively small extension of their establishment.
Under these circumstances he trusted the attention of
the public would be directed to the subject ; that they
would not only watch narrowly the conduct of the present
companies, but also the conduct of the authorities, to see
that they got not only the required quantity, but that it
was of the very best quality, and at the lowest practi-
cable price. (Loud cheers.)
Mr. WALTHEW then proposed the adoption of a
petition to parliament on the subject, to be signed by the
mayor on behalf of the meeting.
The motion was seconded by Mr. TINNE, and carried
unanimously.
Mr. BRAMLEY MOORE then proposed the thanks of
tne meeting to the mayor, for his impartial conduct in
the chair, which was carried by acclamation.
His WORSHIP in acknowledging the compliment said,
he trusted they would be successful in accomplishing the
object they bad in view. (Loud cheers.)
The meeting then separated.

LOSS OF THE COLONIES OF ENGLAND.

(Continuation of Mr. Buchanan a Letter, from page 2.)

. _
Free trade in England in corn will not be the immense
practical advantage to the Western States that many sup-
pose -; but no commercial advantage whatever will induce
the Americans to adopt so suicidal a course as to hesitate
in their present excellent policy of becoming independent
of foreigners in staple manufactures, so that we should he
glad if the present amount of our exports to the United
States is kept up, without expecting any increase.
Any man who has been among the immensely extended
factories of New England, as I have been, must hold this
opinion.
Far tlfferent is the staple, greatly increasing, and per-
manent Colonial demand, of which I shall now give some
particulars.
And that I may not be accused of selecting unfair data
with respect to the Cotton trade, I may remark, that of the
total weight of yarn in manufactured cotton goods ex-
ported in 1845, viz.. 202,350,687 lbs., the two leading
staples—" plain calicoes," and " calicoes printed and
dyed"—referred to below, made up (according to the
estimate of Mr. Burn, in his Commercial Glance for the
past year, whose general correctness will not be doubted) is
194,080,490 lbs., leaving only 8,280,195 lbs., to be other-
wise accounted for, as entering into the production of the
finer and miscellaneous fabrics, of which, however, the
colonies take a fair and yearly-increasiog share. The
total value of manufactured cotton goods exported in
1845, not including cotton yarn and thread, is estimated
by the same authority at £l5 282.447. Of this amount,
the value of the and►rmeotioned stair& s makes up
£l3 576,2;9. The fallacy of quoting, in such an inquiry
as this, merely gross quantities, irrespective of the sort of
goods exported, is exemplified by the tact that, of the
other great branch of our cotton exports for 1845—the
trade in yarns—amounting in weight to 131.937,933
and in value to only £6,596,897—an article upon which
the least amount of industry is employed, and which is,
consequently, least profitable to us as a nation, nearly
two-thirds, or upwards of 90,000,000 lbs. went to those
corn-growing countries of the continent, whose almost
worthless commerce with us, we are thus, by our mea-
sures, preferring to the voluable trade of finished goods,
of which labour is the great emponent part provided by
our own colonies and the home trade. By a reference
then to Burn's Commercial Glance, for the past year, I
find the following to have been the exports of the two
leading articles of the cotton manufactures :—'' Plain Ca-
licoes, and " Printed and Deed Calicoes," in 1811 and
1845, respectively, to ttie undernoted colonial markets.
I should remark that I include China, although not strictly
a colonial market, partly trorn its intimate connexion Kith
our East India trade, and the influence which our East
possessions afford us in maintaining our relations with
that country ; but chiefly from the fact of the returns for
1841 including the exports to both markets.

EXPORTS OF COTTON GOODS TO THE COLONJEs.
Calicoes, Plain. Calicoes. Fruited
and Dyed.
1841.- - 5. 1841. 1841. 184
-1-- - -
Yards. Yaids. Yards. Yards.
BritishWestlndies 9,831.280 16 987,142 9.774.1943 20,729,641
British N.Americi 7.757,332 11,589,586 10,703,415 13,362,173
Cape of G. Hope . 2,0-.8,3521 3.394,241 1,9, 4,2391 3,520,3 2
lonia 1134P,664 166.'941'6°, 2', 540756 26n83134
China
110:,490,27. , 2,535,413
New Holland.... 985.8231 3,961,6A 997,092 3,850,591
--- -_
T0ta1...... 134,015,431 3 9.369,59 f 45.920.222 70,091,558
The totil exports of " Calicoes, plain," to ull countries,
in the two years. Mr. Burn sets down as follows:

The tot ii export,
in the two years,
Total " Calicoes PI
Countries

of " Calicoes, plain," to all
Mr. Burn sets clown as follow,
Lain" to all 1811. 1845
366,946,452 yds. 613,138,645 yds
134, 45,431 „ 3t9 360,506 „

To Colonies as above

Balance Exports to other
Countries

232,901,021 . "

3^37;8,13!) „

Thus, in 1841, our colonial trade, in this staple article
of the cotton manufacture, was to our trade with the rest
of the world as ]34 to 232 millions of yards, or a fraction
above one-half. In IEIS, however, the former was to the
latter as 309 to 303 millions, the colonies having thus
become greater consumers than the whole of our other
markets: _

_ .
In the article of died and printed calicoes, the propor-
tions stood thus : _

tal " Dyed and Printed Ca- 7811. 3845.
licoes" to all Couutries 278 748,275 yds. 310,8t.0.t:97 yds,
Dittu to Colonies . 45.920.222 „ 70,E 81,558

Balance Exports to other
Countries 21,0327.053 „
_ .

24,769,132 ~

Thus, in 1841, the proportion of the colonial consump-
tion of this most important class of manufactured fabrics,
to the consumption of the rest of the world, was as 45 to
232 mil:ions, or short of one-fi'th; whilst in 1845, the
proportion was as 70 to 240 millions, or upwards of two-
sevPnihs.

I now subjoin the following comparisons, my purpose
being to show-
-Ist, That the trade of our present colonies, through
the neglect of the Government and otherwise, is yet only
'n its infancy, and that it is therefore unfair to judge of it
by the PAST.
2d, That while such trades as that to the United States
are taking (and must necessarily from the increase of their
own manufacturing ability take), every year, fewer and
fewer staple goods, there is, in the face of every draw-
back, a MIGHTILY INCREASING DEMAND FROM THE
COLONIES.
COMPARATIVE VIEW OF EXPORTS TO UNITED STATES AND

BRITISH AMERICA

•' Plain Calicoes" to United states in lsal 11,917,053 yds.
Ditto LI British America 7.757,332 „

Balance in favour of United States in 1841.. 4.109.721 „

" Calicoes Printed and Dyed " to United Rats
in 1841
Ditto to British America

Balance in favour of United States ....

15 321,866 ~

" Plain Calicoes" to United States in 1845 12,412,981 „
Ditto to British America

Balance in favour of United States, only

832,395 ~

" Printed and Dyed Calicoes" to the United
States. in 1845
Ditto to British America 13,362,173 ~

Balance in favour of British America
In 184 , instead of 15,3z1,866 against in 1841.
COMPARATIVE VIEW OF EXPORTS TO TJNITED STATES AND
BRITISH WEST INDIES.
Plain Cal'coes" to United States in 1841 11,957.053 yds.
Ditto to British West Indics

Balance in favour of United States

" Plain Calicoes" to United States in 1845 12,412,961 ~
Ditto to British West Indies

Balance in favour of British West Indies in
1845.,
Instead cf 2,125,733 yards at.tainst in 1941.
" Calicoes Printed and Dyed" to Un ted states
1811
titto to British West Indies

26.025.281 „
9.774,724 n

Ba'ance in favour of United States in 1841.. 16,2.50,561 „

" CaPcnes Printed and Dyed" to United States
hi 1845
Ditto to British West Indies

Balance in favour of British West Indies in
1845....
Instead of 16,250,561 yards against in 1841 !