The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1835-06-12 00:00:00

delivered OVer to the adrnibistrationlof the catholic and

the socinian,

Let it, however, be remembered, that with the rights
and possessions vested in corporations may have been
conferred the power to ALIENATE them. Now, let us ap-
ply thii principle more particularly to the corporation of
Liverpool.

The debt of the corporation is nearly a million ;—that
of the docks, of which the corporation are ex officio trus-
tees, nearly a million and a half,—the united debt exceed-
ing in amount that of all other corporations in England
and Wales affected by the .proposed bill. We ktave al-
ready pointed out the change which will take place in the
parties who are to be responsible for these vast sums.
Our opinion, we have reason to know, is far from being
Singular The bondholders have already taken the hint,
and require to know the intentions of the corporation re-
garding them. As respects these important considera-
tions much depends upon the- vigour and promptitude of
the existing municipal authorities. Let them,-as we have
before'said; call together the bondholders. Let the bond-
holders select a:conimittee for their own protection out
of their own body, .and require substantial security for
their- loans-while such security can be given, or failing this,
the payment Ojtheirt. Let a board be appointed to,regu-
latethe estate; Which may be vested' in trustees for their
benefit and security. Let such board appoint their re-
ceivers and 06e.r'officers, and let each bondholder have
voteS'in the 'Management of the trust estate in the' ratio
of titer -amount of debt; as is the case in the India Board.
We-throw this out to the corporation as a popular mea-
sure, and as'-an act of justice to their creditots. To the
creditors themselves we need not say more than wet have
‘already done. .The depreciation in their securities will
he their best-monitor,- while the portion of the widow and
-the orphan,.more- peculiarly our care, will, we trust, by
prompt and. vigorous, measures -for the general security,
:be thus restored to its original value. With regard to
the dock-estate V4,6', different cbuise suggests itself. It
is clear that the proposed enactment can never be ren-
dered practicable for the purposes of municipal govern-
ment in this town, and that a separate act will have to be
passed for Liverpool. The proposed netv act of Lord
Jorrx, for instance, vests in the future municipal gover-
nors orate. town all the powers exerciied by the existing
eouncil,—among-st these is the right of veto upon the re-
solutions of the present dock committee. Can it be sup-
' posed-for 'd moment that the:merchants of Liverpool will
submit to the control of the tinkers and tailors of the
town in council assembled ? Not they. The merchants
'of-Liverpool wili take the dock estate under their own
, .
—immediate superintendence, and secede from the filthy
coalition in store forthem. They will and must have a
• separate act.

The frauds to which the conductors of newspapers are
exposed are. of so serious a . nature, that in the present
state of the law they have no other defence than in ex-
posing them. Any scoundrel may for a few shillings in-
jure the character and reputation of an honourable man
through the medium of the press. We are as careful as
it is possible to be under such circumstances, but when
a person of respectable appearance presents an advertise-
ment for which he pays, it is impossible for publishers
or clerks to have any suspicion of the fraud which he in-
tends to commit.

As an Instance of this, relative to ourselves, and to a.
fraud and a forgery committed upon the LIVERPOOL
STANDARD, we beg leave to submit -the following let
ter to our readers :

TO THE EDITOR OF THE LIVERPOOL STANDARD.
SI tt,—ln your paper of Tuesday last you inserted an adver-
tisement that I had oil sale 50, 20, and 10 shares of 1:10 each
in the New Cot k Steam Packet Company, on which a deposit of
1:1 per share had been paid, and that they would be sold at a dis-
count. This was published upon a forged signatuie, and with-
cut my privity or consent, .1 therefore repiest you will insert
this notice in your publication to-morrow.—Yours, &c.,
JOSEPH ING.
16, Exchanye-buytiings, May 11th. Stock and SharKe
Broker.
•

We exceedingly regret that the'advertisement alluded
to by Mr. KING should have been imposed upon us. All
we have to say is this, that a well-dressed person called
at our office, on Monday last, and tendered the following,
advertisement, for which he paid, as in due course of bu-
siness.

Fifty Sharer; Twenty Sharer,- and Ten Shures,'of £lO each, in
The new CORK STEAM PACKET COMPANY,
On which a Deposit of £1 per share has been paid: these will
Le sold at a Discount.—Apply to
JOSEPH KING, Share Broker, Exchange-buildings,
Liverpool. •
Upon-inquiry we have ascertained that the above is
an infamoui forgery, and that Mr. JOSEPH KING'S name,
who ts.a most respectable nm, his been used by some
fraudulent person in order to do him a serious injury.,
Mr. KING never authOrised such in advertisement, and
is, of course, exceedingly aggrieved by its publication.
We, ;.fief the purpose of suppressing such frauds or ma-
liciouS representations, and to protect the press against
the, practices of the low -scoundrels-who impose upon it,
hereby otil'er 4. re iiard of • • • •

ONE. • HUND RED POUNDS
to any person or persons who will discover and prove to
.conVictioithe author of the. above fraudulent advertise-
ment. Any person who can give a clue to the discovery
of the,autbor will be ensured the reward by applying
to Mr. CARSON, solicitor, Castle-street, Liverpool.
The foTged advertisement will be exhibited at the
STANDARD OFFICE, .in order that all merchants, brokers,
attorneys, .and others, may. have ,an opportunity of
identifying the band-writing.