The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-11-29 00:00:00

THE COTTON MARKET.

Throughout the week before last the Cotton Market had a
downward tendency, and opened on Monday with a sluggish
feeling. On Tuesday morning a " change came over the
scene," the news of peace with China, and all the important
features in its train gave a new aspect to it : in the place of all
being willing sellers, few would even spew their stocks; and

it was not till men's minds were a little sobered down that
business fairly commenced, when it set set off at a canter, and
from Tuesday last to yesterday evening, increased in speed,
getting through 8, 10, and even 12,000 bales a-day. Specu-
lators are doing a little, but the best feature is, that the trade
are buying freely, and do not grumble at the advance of to
/ per lb., which is now established in all descriptions of
American and Surat, whilst Brazil, &c., are only per lb.,
and not so much sought after.

The permanency of this advance seems not to be questioned,
as all the manufacturing districts have participated in the
improved tone and feeling ; and though we cannot possibly
have the same extent of business done, yet it is generally
acknowledged that the stock of the raw material (as well as
the manufactured) in the interior is yet very inconsiderable
to provide for a healthy trade. It is reported that most of
the idle mills have been, or are about being, put into motion.
The following is a comparison of the stock on hand at pre-
sent and at the corresponding period of last year:—

November 23, 1842 .
Same period in 1841 .

438,400
448.600

REDUCTION OF DUTY ON AMERICAN PORK
CONVEYED THROUGH CANADA.

By a Treasury Order, dated 31st October, which we give
at foot, it will be seen that permission is given for the impor-
tation into Great Britain of hams, made from salted pork,
the produce of the United Slates, smoked and dried in Ca-
nada, at the reduced duty of 365. per hundred weight. By
this concession to our Canadian fellow-subjects, a large trade
will, no doubt, be carried on in this article over the American
Frontier, which may possibly afford to the Government of
the United States a further convincing reason of the good
policy of revising their present highly restrictive tariff. The
salted pork of that country will afford to our Canadian bor-
derers a convenient article of barter, in return for the cottons
and woollens of Great Britain smuggled over their Frontier.
" Office of Committee of Privy Council of Trade.
" The Lords of the Committee of Privy Council of Trade
have had under their consideration the Report of the Com-
missioners of Customs, dated 29th ult., relative to the duty
on hams smoked and dried in Canada, from salted pork im-
ported from the United States—and I am directed to acquaint
you, for the information of the Commissioners of the Cus-
toms, that upon considering the whole of the circumstances
before them in this case, my lords are of opinion that the
hams in question ought to be admitted at the duty of 3s. 6d
per cwt.
(Signed)
" Whitehall, Oct. 31, 1842."

• " J. MACGREGOR.

LOCAL NEWS.

COLLEGIATE INSTITUTION.—The Rev. J. W. Conybeare,
the newly appointed Principal of the Collegiate Institution,
arrived in Liverpool last week, and has since been engaged
in preparing for the opening of the college, which takes place
immediately after the Christmas vacation.
Mr. Thom, whose name is appended, as translator, to se-
veral of the Chinese documents published in the London Ga-
zette Extraordinary, is brother of the Rev. David Thom, of
this town.

We understand that Mr. Bertinchamp, the well-known
professor of 'foreign languages, long resident among us, is a
candidate for the situation of French tutor in the Collegiate
Institution. His recommendations are of the highest cha-
racter, comprising many of the most eminent men in Ire-
land, and his general qualifications are too well known to
require eulogy.
THE " GREAT ANTI-CORN LAW LEAGUE FUND."—
Yesterday a meeting was held in the large room of East-
wood's Royal Hotel, Moorfields, " to elect a committee and
transact other business relative to the great anti-corn law
league fund." Betweeriforty and fifty individuals, princi-
pally members of the anti-monopoly association were pre-
sent. Mr. Charles Holland was called to the chair, and on
the motion of Mr. William Rathbone, seconded by Mr.
Lawrence Heyworth, a committee was appointed to take
subscriptions. The chairman said the subscriptions amounted
to £450; of which Mr. Lawrence Heyworth, it appeared,
had given £lOO. The proceedings, which lasted little more
than half an hour, went off very tamely.
CONVERTS FROM ROMANISM.—OR Sunday last another
convert was received into the Holy Catholic Church, at St.
Simon's Church, Gloucester-street, from the apostacy.
This is the sixth person who has publicly renounced Popery
in St. Simon's Church this year. There are many inquirers
in connexion with the congregation, some are now willing to
come forward, but the minister (Mr. Connor) does not wish
to receive any who have not duly deliberated on the impor-
tant step ; others have been prevented coming forward by
intimidation ; and many having learned the truths of the
Gospel have gone to earn their bread in other lands, all more
or less alive to the soul destroying errors of the Bishop of
Rome's religion. If the Scripture readers of the Liverpool
Protestant Association were at work, we have no doubt but
that with God's blessing, hundreds of benighted Romauists
would be emancipated from the spiritual bondage of modern
Babylon.

VERACITY OF AN ANTI-CORN-LAW LEAGUER.—We are
quite willing to allow a reasonable margin to the distempered
gentlemen of the league in their descriptions of passing events
bearing upon their favourite agitation. The following para-
graph, however, of a recent speech of Mr. Bright, of Roch-
dale, is not to be passed over so leniently :—" On the 18th,"
remarked this gentleman, " a very large meeting was held in
Liverpool, about the largest which ever has been held there,
certainly by far the largest which ever has been held on this
subject. (Applause.) * * * The large amphitheatre was
crowded, most inconveniently crowded, in every part. (Ap-
plause.) The committee were so besieged for tickets, though
it was known that Daniel O'Connell was not to be there, and
therefore the people did not go because there were lions to be
seen (hear, hear), that they imprudently sold 200 after they
had issued as many as the place would conveniently hold ;
and I believe they could have sold several hundreds more if
there had been room for them." Now, with respect to the
magnitude of the amphitbeatrical meeting, we make no ob-
jection to the description of it by the Anti-Corn-Law Quaker.
But that a great portion of the meeting were not attracted by
" the lions," who were so widely placarded as being expected
to attend, we must take leave flatly to deny. It was not pub-
licly known " that Daniel O'Connell was not to be there."
On the contrary, during the whole of Friday morning the re-
port was current that he had arrived in Liverpool; and the
truth of the matter was only announcedlat about five minutes
to two o'clock in the afternoon, by a small placard posted on
the window of the Mercury-office. A few copies of this were
subsequently placed upon the walls of the town, upon the
verge of dusk; and we are confident were not seen by one out
of six who attended the meeting! In fact, the wording of
the placard itself, which intimated that parties who had taken
tickets, in expectation of seeing O'Connell, might have their
money refunded, was a very significant proof of the import-
ance attached to the use made of his name ; and if few per-
sons did return their tickets, that circumstance may readily
be accounted for—first, by the fact that they did not know of
the opportunity in time, if at all; and next, that the mere
knowledge that there was to be a large assemblage would have
been a sufficient inducement to one half of such a description
of audience to have attended, had the exhibition been a
Punch and Judy show, or any other similar performance, in-
stead of an exhibition of the persons of Messrs. Silk Buck-
ingham, John Bright, junior, and Richard Cobden, M.P., or
as our facetious friend over the water might term him Richard
Cobden, M.T.