The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1844-04-30 00:00:00

of the :lock oo hand. The next reduction was an import-
ant one—on marine assurance. "The present rate of
duty," said the hon. gentleman, "is as follows:—For
every Lion, there the premium does .tot exceed 15s. per
cent., the they levied amounts to Is. 3d. per cent : where
the premium exceeds 155., but does not exceed 305., the
d ety is 2s. 6d. per cent.; and where it exceeds 305., the
d uty amou-ts to ss. per cent. This presses unduly upon
small insurances. I therefore propose to reduce the duty
and to very the rates according to the following scale.
For every £lOO insurance, in which the premium does not
exceed 10s., .1 propose to levy a duty of 3d. instead of
of ls.. 3d. ; where the premium does exceed Ms••
but does not exceed 205., a duty of 6d. instead of
3,1. ; and in some cases 2s. 6d., as at present ;
where the premium exceeds 20s, but does not exceed 303.
a duty of is. ; win re it exceeds 30s. but does not exceed
40s. a duty of 2s. ; a here it exceeds 40s. but does not
exceed 50s. a duty of 3s ; where it exceeds 50s. but does
not exceed 60s. a duty of 4s. ; and where it is above 60s•
a duty of ss. I calculate that during the course of the
present year the diminution of revenue consequent upon
this reduction will amount to £lOO,OOO. But I calculate.
that during the course of the following two years after the
change shall have been effected, there will be a sensible
increase in the disposition of foreigners to come to this
country to effect their insurances, and that the country
will reap the advantage even if no advantage should 1),1
derived by the revenue in consequence of this reduction.
He proposed the reduction of the duty on currants froth
225. to 155., in consequence of the great consumption of
the article by the lower orders. The duty on foreign
coffee he proposed to reduce from Bd. to 6d., and he in-
tended to increase the duty on chicory root, which had
been mixed with coffee to a great extent. The last article
in which he intended to propose any alteration was Woolf
and he proposed to take 'off this tax altogether. That
duty produced last year about £lOO,OOO. The total
proposed reductiOns would amount, in round numbers,
to £400,000. The hon. gentleman then said he was de
sirous of placieg before the public the determination of
government with respect to the article of sugar. (Hear.
hear.) He said that the treaty which enabled Brasil
to bring slave grown sugar into this country won't',
expire in November next, and he intended, in root"
ving the sugar duties, to recommend to the Isoneee
that from and after November next the duty upon sugar
produced in those countries which are exempt from the'
taint of the slave-trade—that do not raise sugar by means
of slave labour—shall be reduced from their preset t
amount. By this means we shall throw open, under cert,in
r,gulations, to countries eastward of the Cape of Good
1-I,pe, a valuable trade, and shall most especially encour-
age the growing commerce with China, with which country,
hitherto, our relations have been extremely confined.
In thus speaking of countries eastward of the Cape. of.
Good Hope, I must impress upon the house that I.
refer only to such with which we have relations, an&
wherein the sugar is not raised by means of slavery. Sir,
the differential duty which I shall propose to this house to
be imposed on sugars from countries free from the tarnish
of slavery will be 10s per cwt.—that whereas British co-
lonial sugars pay a duty of 24s per cwt., the sugar fromi
the countries I refer to shall pay 34s per cwt. lam quite
aware it may he said that although the treaty with
Brazil is brought to a conclusion there is a treaty
with America, which contains a similar clause to the
other, entitles AmeriCa to, the rights extended by us to
the most favoured nation. Nothing can be further from
my intention than to infringe the letter of any enactment-.
existing with that or any other country, but I think that
when we take the diseussion on the sugar duties I shall,
be able to show that the sugar produced in the southern
states of North America is not calculated to be brougq.
into competition with the sugar,. the produce of free Pk'.
bonr, I have now been speaking of. It would hale- bees
desirable to place the reduction of the duty on colonialstl'
gar cn a solid and permanent foundation but it is obvious
that till November next it will be utterly impossible to act uP;
on any principle of that description, for the doing so woulU
paralyses!l the trade hi the interior, I think that the better
course will be to admit foreign sugar at a discriminating
duty, and continue it till that period shall arrive when the
sugar duties come again under consideration. In doini
this, far be it from me to entertain any ill feeling tower,'
those countries whose sugar willremain excluded. 1 thin"
the reduction we have made in the coffee of those cowl'
tries proves sufficiently that no such feeling animates t!1
Goverunient. The hon. gentleman, at the close of n's,
luminous address, was-loudly cheered ; and was anagrattx-.
lated even by Mr. Hume,. on his clear and satistaetorr:
statement.

THIRD EDITION.

Standard-office, Three o'clock.

LIVERPOOL CORN EXCHANGE, Tais DAY.'

•
(From Messrs. R. Makin & Sons' Circular.) d
The supplies of Grain, Flour, and Oatmeal, receive
into this port, Coastwise and from Ireland, during the
week, are collectively rather limited, and of the last-
named article smaller than usual ; beyond a cargo or two
of "Wheat and Beans from Egypt, with 1928 barrels of
United States Flour, we have also little in from abroad.
This day's market being tolerably well attended by,
town and country millers, and several further sa!es hav-
ing been made for shipment to Ireland, the trade for
Wheat exhibited a firmer appearance than for some weeli
past, and the demand being readily met by the holders, a
fair - e,wtent of business was transacted, chiefly in good
descriptions, and all sorts of English, Irish, and foreign
realised the full currency of last week.
Flour also experienced an improved demand, and was
the turn dearer.

Barley was neglected, and Malt in slow request at late
prices. Beans and Pease, upon a limited inquiry, were
unaltered in value.
Oats, being in short supply and more saleable. ob-
tained id. to a ld. per Xilbs over the turms of last week.
Oatmeal, the consumption of which was latterly dimi-
nished in the manufacturing districts, by the m°re
neral substitution of Irjour, appeared to move off racier
more freely to-day, and recovered the rates of thi3 day

se'onight. •
In the bonded market nothing doing.

Anal V&I,S OF CORN.
From the 23d to
,the 29th April, 1844, inclusire.

! IRE- ,COAET• PO-
LAND. j Wis.. CANADA REIGN

3230
715
177 g.
2552

Wheat .. ... Qrs. i 427
Barley .. Qrs. 34
Malt Qis. 51 '
Oats Qrs. 169)
Rye Qrs.
Beans Qrs.
Pease Qrs.
Shelled Barley Cal s.
Indian Corn. Qrs.i
Rapeseed Qrs. :
0151,
Oatmeal .. Loads 2131 5 I .
Flour. ....Sacks 1956 50 1 ' s 1928 l'"
me
; tOCr
Ditto Brls. '
,
In' o Runcorn, !viand and Coastwise, Wheat, 262 col.; Oa,
meal, loads . Flour, sacks.

14(,3

2400
640

172$
241

EXPORTS.—Foreign. Wheat, qrs.; Malt, nrs ; 0a tip
45 ors. ; Pease, qrs.; Indian Coy,. ors.; Oataleailiar.
loads ; Flour, 50 b,•1:,.--Ireland qrs.:l,;7
ley, 9 qrs ; Ovts, qrs ; Rye, UM qrs.; Indian Con..
rs. ; Oatmeal, 0 loads; Flour, 94 sacks, —brls.--Coa,twtse,
Wheat, 161 qrs. ; Barley. 122 qrs.; Malt, qrs.; Oats'
qrs. ; Beans, qrs.; Pease, 35 qrs.; Oatmeal, 253105d5 ;
Flour, 481 sacks II; brls.

Average prices of Grain, for the week ending' AcT.,-; 1,, 3 202 1814
s 3d.
Wheat 555. id. Barley 325. 10. I Oats ..20s. 2•
Beans.. 315. 9d. I Pease.. 31s. 3d.

Aggregate average of the six weeks.
Wheat 5551 d I Barley 32s lid Oats 29s nd. Rye 335 3d•
_ .

beans:. 31-6. 2d. j Peaze.. 31s. 2d.

Duty on Foreign Grain, Sze. this week.
as 6,
Wheatris od I Barley 6s Od I Oatsßye.• 2i°
Beans lOs 6a I Pease Os 6d I Ind. Corn Os od Flour
Ditto from B,'itish Colonies out of Europe

Wheat.. Is. Od. I Parley.. Os. M. I Oats .. 2s. od. ttye.. 71d
Beans 2s. td I Pease 2s. td. I Ind. Corn Os. Od. I Flour • • Os

Liverpool Averages, week ending 23rd April, 18!4. og.
Wheat, 656 qrs., price, 525. d.; Barley. 52 qrs., pricer,"
ud.; Oats, 938 qrs., price 18s. 3d.; Beans, 8 qrs., 3:,s eu•

CUSTOMS' DUTIES.—An account of the gross en in-
gatonet
receipts of the Customs' duties collected at each en-, the
house of the United Kingdom during the year enellni•.tS
sth of January, 1844, as compared with similar Mae!
erof
during the previous year, has been printed iu the siltber
a parliamentary paper, on the motion of the hon. ffle:rose
for Montrose. We find that the total amount of the Ti 343,
rereipts collected in the port of London was, io 'The
£11,354,702, against £11,422,251, collected in 1842. in
total amount of the net receipts of the same port
`", 'TAP*
1843 £10,781,959, and iu the preceding year £10,0"' the
No grand total is given of the receipts througion'escb
kingdom, but only the total amount collected e,
port; and hence it would require several long soul It
some additions in order to arrive at a general re,ll:3l.•sin6
is known, however, that the gross total receipts ,00t1
from our customs' duties amount to between £22,"; con-
and £23,000,000 annually; of which London el°
tributes a proportion of 50 per cent.
Ihe 014 C.
IMPORTANT IMPROVEMENT IN WOOLLEN t
ore-
FACTURE.—There is now in full operation, upon Goltifi,;
wises of Messrs. Kinghorn and Gill, engineerteb
l
hiels, a new wauk mill or lulling machine, villonisel
eventually supersede those now in use. The or' alio'.
' is simple and complete, consisting of a revolvilling le
der, upon which move three rollers with c0t0Pr,"0,313
tb
vers attached to them. The web passes routia_en, the
cylinder, and if felted by being compressed old
rollrrs and it ; being at the same time colifinee'ng_
with shifting sides, which expands or contracitl?...94achin°
as the piece or web may be heavy or light. Tr,; place!
- has been examined by all the manufacturers OI
jainrpi
rtohveeywaeroet
.unaintismaoduvsanintagperionancthinagt
it
nlid
about one-third of the power required by h
tethe .otory--;
stocks—that it can be placed in any pdrt 0000, which t
or ill,
that it does not occupy one-half of the to five
sj;
present ones do—that one mail can atten,f n, the and
bweebdsoinweeeditnhows:efdiodrningt,ir
ideitha,ht
it 11602,2'1;m' oirej.t.
aSit can be
in one-halt of the time now required. 0"` "