The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1848-11-21 00:00:00

A FEW NUTS FOR THE BULLIONISTS TO
CRACK.

What is our present System of Currency ?—A contri-
vance by which the capitalist and the foreigner are conti-
nually enabled to appropriate the fruits of British labour
at their own price.
Another Picture AFTER Samuel Jones Loyd.—A con-
trivance to regulate commerce and industry, by which we
have, first, a year of slow reaction (after a crisis) ; next a
year of cautious and steady trade; then a year of good
trade ; next a year of great prosperity ; after that a year
of wild speculation ; finally, a year of panic and crisis,
accompanied by bankruptcy of the merchant and manu-
facturer, and suffering to the labourer, in the midst of
which the foreigner and the holders of bullion step in, and
grasp the accumulations of the years preceding.
What is a Pound piece of gold, said to be of the
value of twenty shillings, which goes abroad, and has to
be bought back with thirty or forty shillings.—A " mea-
sure of value", which occasionally compels us to give the
foreigner a yard and a half of our cloth for a yard of his.
—A " uniform standard," resembling, however, a bushel,
which sometimes hold five pecks when we sell with it,
and only three when we buy with it.
Anomalies for Solution.—No. 1. A cotton manufac-
turer working short time, and half his operatives and
neighbours without shirts.
No. 2.—A tailor with a piece of cloth, a shoemaker
with a piece of leather, and a baker with a supply of
bread, enough for all three ; yet the tailor shoeless,
hungry, and idle ; the shoemaker coatless, hungry, and
idle ; and the baker with his loaves getting mouldy, and
himself in want of a hat.

No. 3. America, with an abundant supply of bread
stuffs, wanting English cottons and hardware ; England,
with an abundance of manufactures and produce of all
sorts, owl wanting corn and flour; and the latter selling
her mand a,. r, to Russia, at fifty per cent. deprecia-
tion, to get gui,l ; " correct her currency ;" i.e. to re-
place the sovereigns i❑ the bank coffers, which will be
abstracted until the natural interchange of commodities
with America is completed.
No. 4. Every branch of commerce and industry thrown
prostrate, the Gazette filled with lists of bankrupts, and
the jails and workhouses with felons and paupers, until
the above round-about operation is effected, by the in-
genuity, and much to the profit, of the dealers in ex-
change and the bullionists.
No. 5. Silver, a precious metal, only worth half its
usual relative value to gold.—Twenty shillings legally
worth a golden pound ; but a hundred times twenty
shillings only saleable as a commodity, probably for fifty
golden pounds.
No. 6. A nation, which has sustained a loss of
£30,000,000, by the failure of a harvest, submitting to a
law, which increases the loss tenfold, by the depreciation
of all property, resulting from the legal necessity of
getting Jack a few millions of gold, and compels its
people to sit idle, instead of working harder to create
capital, to replace that which has been lost.

DEATH OF A CHILD BY BURNING.—About a fortnight
ago, a female child, daughter of Mr. Aspinall, Ullet-lane,
was accidentally so much burnt, that notwithstanding
great medical attention, she died on Friday evening.
LECTURES BY THE REV. H. H. Hicoms.—Owing to
some unintentional inadvertance we did not receive a
ticket to attend the lecture last Thursday. We are glad
to find, however, that it was well and fashionably at-
tended, and afforded great satisfaction. The next lecture
will be on Thursday next, the subject being "The Desert."
FATAL ACCIDENT.-011 the 14th instant, a woman,
named Bridget Sullivan who had intended to emigrate by
the ship " Speed," went on board, and by some accident,
fell from between decks, down into the main hold, upon
some water casks below. She was so much injured that
she died on Friday night.
THE POLICE-COURT.—The business was not marked
by any feature of general interest, the cases though (as
always on Mondays) numerous, involving little import-
ance or novelty, with the exception of one noticed in an-
other paragraph. The following is a summary of the
felonies, &c. :—John Johnson and William Parry, for
stealing a copper kettle from Elizabeth Brown,—three
months imprisonment.—Wm. Walsh, for stealing meal
from Clarence Dock, three months. Joseph Holland, for
stealing a 281 b. weight, two months.—William Williams,
for stealing beef in Richmond-row, one month. Mary
Kelly, and Mary Williams, for stealing mutton in St.
John's market, three months. Thos. Jones, an old
offender, found at untimely hours, and with no good in-
tent, in Brunswick-street, on Saturday night, three
months.—Winifred Jenkins, for illegally pledging, 10s.
and 405., and, in default of payment, one month.—Ellen
Clare, for robbing William Oakley, in Parker-street, of
half-a-crown, one month.