The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1835-05-29 00:00:00

Such, we take it, will be the reasoning of Lord JOHN
RUSSELL on Monday night, if he 'act upon his avowed
principles. If parliament countenances robbery with
respect to one description of property, it must do. so in
every other. He would be an illiberal thief who should
confine his professional labours to the stealing of hats
and shoes. He would hardly deserve transportation
who should toil in so narrow a field. Why not rob a
bank ? Why not declare war against all kinds of pro-
.perty ? Why should hats and shoes be stolen, and gold
and-silver, linen and plate, .spared? What more ••right
has. Mr. THOMAS BOLTON, or Doctor COLLINS to deal
with torporation property in Liverpool than they have
to deal' with the .property of the Bank of England ? _ That
is as, much a corporation as ours in this. town: The
Bank, as a public building, and its deep cliii-nberS,.nobly
lined, belong as much to the people; to ten pound'house•.,
holders,- to the_ residents of a year, as the-Town-hall of
Liverpool. The worthy persons who claim a right to
our hall have as much- right to the larger ball in
Threadneedle-street.

Municipal- reform, therefore, as it is called, is an
attack upon 'property, and if it succeeds, it will be
made the precedent for attacking property in the mass
wherever found. If the attack could be confined to
Woburn Abbey or Covent-garden market, we should be
content. If the whig lay impropriators could be made
to disgorge the property which rightfully belongs to the
churcii; we should feel happy. But•seeing 'who the
parties are who lead the attack upon corporation pro-

perty, .ive have every reason to fear that the most un

deserving will be spared.

We therefore wait the resui

of Lord JOHN RUSSELL'S motion with some anxiety.
In the mean time the country is tolci, with all imagina
ble insolence, that the spoliation of the Irish church

and the spoliation of the corporations, are to be the only
measures of the, present session! The tithe composition
bill is to be thrown over board. The dissenters' marriage
bill is to be squabashed. The law reforms are to be aban

doned. O'CONNELL has taken upon himself the introduc.

tion of poor laws for Ireland. The meanining of this' is
transparent enough. He will take care that no poor.law is
passed for Ireland. He hates the-thing from the bottom
of his heart,
.simply because he would be called upon to
contribute his share to relieve the misery he creates. In
short, nothing is .to be attempted this session but two
measures of rapacity and plunder. The people, there-
fore, .must see what they have got in the place of Sir
ROBERT PEEL. They will see and feel the insults that

are offered them. Popery is all in all. Whatever is
calculated to degrade the protestants; and bring the truths
of pure christianity into bad odour, is to receive the:sup-
port of Lord JOHN ; and whatever may degrade England
abroad will receive the support of Lord PALMERSTON.

As for the King—as for the honour of England—but we

must not speak on these subjects.

In our report of the proceedings in the House of Corn-
nionS on Wednesday night, it will be seen that Mr. O'Con-
nell, Whilp speaking of the oath, administered -ta Catho-
lics du their-admission to Parliainent, said :

"For his own part there was one part of the oath which, he did
not like-4e referred to that part which called this a PROTEST.
lOST government. He could not understand what was meaut by
calling tnis-Government a protestant government, when in
fact, th.'re were.ouly three offices to which Catholics were nut

This we believe is the first time that the termprotestati t
.16v'ernment has been objected to, and we, are of Mr.
O'CONNELL'S opinion, taking into consideratiOn the
change Whickadmitted him to a seat iu parliament, that
the name_ of the thing is no 'longer descriptive of its
qualities or component parts. Mr.(Y.CoNNELL.dislikes
apart of the oath, dislikes the name given to the go-
vernment; it follows, therefore, that the one should be
altered and the other discontinued.

LONDON LATEST NEWS.

City, Wednesday Erening, Half-past Seren o'clock.

Colonel Fox, for his patriotic transfer of the constituency of
Stroud to Lord John Russell, is to be rewarded with the secre-
taryship of the ordnance, and Mr. Kennedy, who with equal
independent, patriotism has .retired from Andover to make room
for the premier of protocols, Lord Palmerston, is to be made
chief justice of Media's! !! After this, from the exposers of
bribery and corruption—the friends of purity of election—the
lovers of independence—what may we not expect ? Such un
blushing and abominable traffic of place against character never
disgraced :even a whig ministry before. How long the people
of,England, will be degraded by such men and such measures it
is easy to foresee, and in this metropolis the disgust is general
at.this barefaced display of political profligacy. •

We have had file's of papers from Van Dieman's Land to-day
to a late dale, The accounts of the crops from the country
Were very:satisfactory, 'and 'wheat, it,was expected, would be
low at the •cbrnmencement of the sales after harvest. One con.-
tract fOi10,9(11 hushels, deliverable between March and'Octo-
ber, had been made at4s. 6d. per bushel, and other large con—
tracts had beed•entered into. The last party of the 'natives in
• the bush_ili-aa given themvlVes up to the colonists who had been
rent in,pursuit of them, and it was believed there werg no more
of the, aborigenes at • large. A petition was getting up‘at•Ho-
bart ToWn fokil .legislAve assembly for Van Dieman's' Land,
and it. hail already received 1,300 signatures. A't!ort of e.ndi,
mica' fever.of a severe Character, chiefly attacking childr'en, bad'
been ptevnlent at Elnbart'Town anil,its vicinity, and‘the measles
had alto jigin president. Fine flour had fallen at all the mills
to £1 per 100 lbs. .
By accoutts froM Genoa to the 17th instant,. it is .stated that

vessels Awn Martiguee to Lasceota inclusiye would be subject
to a quarantine ofobservation of ten days, without disembarking
the mereltandish into the lazarette. Those from the , South of
Prance; nicludmgCorsica, would only be subject to five days.
By,intelligeucelrom Leipsic we find that an important altera-
tion in the route of merchandise for the Levant trade would; in
fut Ore, be made. Heretofore the transport was by land in
Wallachia and Moldavia, and to Odessa by Silesia and Galicia.
Another route is, by Vienna and Trieste, and the rest of the
transport by water. It was intended, in future, to send the
goods to Vienna and to Presburg, and along the Danube to
Galetz. ,The charge to Vienna would be 60 flor. 30-kr. per kil.;
from Galetz the journey to Constantinople would be made in
eleven days. Galetz was rapidly advancing in importance, con-
laining.at the present time ten thousand inhabitants. ' This is
the last port of Moldavia on the Danube. From Presburg to
Galetz 'travellers would pay 77 and 48 florins. Greeks, Arme-
nians, and Bulgarians had-began to visit Leipsic on commercial
affairs. _ The establishment of a new route had immediately de-
termined Russia to moderate the customs' duties, and to modify
the political regulations of the Levant trade. Odessa would
loose much by the new route, for hitherto this port has gained
more by the Greeks and Thebians than by the Russians.
It is impossible tp convey any adequate idea of the confusion
prevailing in the money market to-day, nor do the annals of the
stock exchange furnish any similar example. The panic we
noticed in our last has been far exceeded, and, to add to the
Confusion, it was settling day in consols. At one period con-
sols fell to 904-, but they rallied, closing at 91h for money, and
912 for the account for "July. Exchequer bills and India bonds
have both given way, the former being 19 prem. and the latter,
after falling to par, closing at 2 prem.
It was in tbe .foreign market, however, that the alarm and
confusion raged most. During the early part of the day it teas
impossible to obtain any actual price, and at this period the
jobbers absolutely shut their books, refusing-to do any business,
which was actually suspended during two hours. In this di-
lemma the committee of the stock exchange held a meeting to
resolve on what was to be done. After much consultation it
was agreed that a deputation should wait.upon•Mr. Rothschild,
to whose operations the panic was. in a great measure ascribed,
to see what could be arranged with him, According to the best
accounts the result of this was his acquiescence to retain the
stock he had sold for delivery on the 29th at about 70 upon re-
ceiving the difference between that price and-55, instead of de-
livering this stock on the settling day, which could not fail to
almost entirely prostrate. the market. The committee- further
fixed the " making up" price at 93 for the Portuguese, and 51
for the Spanish. The market closed most heavily at 84 for
Brazilian. 491 fOr,Chitian, 371 for Columbian, 92; 93 for Pop.
tuguesei 191 for Spanish 6 discountfrow the scrip, sad 9I 109
for Dutch 5 per cents.

pect,!k- If the rights Of corporations are to be violated
by the commons of Great Britain, what security will
there: be for trust property :Or joint stock property of
any kind in these realms-? Let us look,ior instance, to
the property supposed to. belong to the shareholders of
the Liverpool and Manchester railway. The preamb!e
°Nile- bill which enabled The company to execute that
splendid undertaking sets forth that it would conduce to
the public benefit. The charters granted to corporations
do not profess anything more. The parties receiving
the trust are recognised as having, the public welfare in'
view. Why, then, if the trust of the corporation of
Liverpool is to be open to every person renting a ten-
pound houSe in the borough, who has resided twelve.
months' in the same—why, then, we ask, should, not the
trust of the railway be open to the public on the same
terms ? The directors are supposed to act fl r the public
good—but they act solely for the benefit of the share-
holders. The corporation of Liverpool charge a certain
sum for the renewal.of a .lease—the corporation of the
railroad charge a certain sum for a swing from one end to
the other end of the rails. All‘this may be for the bene-
fit of the public ; but it can hardly be presumed to be
for their benefit, seeing that the public are not permitted •
to regtilate the lease charge in one instance, or the swing
charge in the other. •