The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-10-17 00:00:00

THIS DAY,

Brilliant-toned Piccolo Cottage PIANO-FORTE, in elegant
Mottled Mahogany Case, best London make, having been
bought at Mr. Dreaper's, in Bold-street; a magnificent lofty
Set of Spanish Mahogany Four-post Bedsteads, nearly new;
also, a splendid Open Wardrobe of the same beautiful
Wood, suitable for a large Mansion or respectable Hotel,
both Gillow's make, and recently the property of a Noble-
man, deceased.

R. JENKIN will SELL by AUCTION,
Tills DAY, (Tuosday,) the 17th instant, at Two
o'clock precisely, at his Rooms, 13, Parker-street, the above
costly and valuable Effects, which have been removed for the
convenience of Sale.

On view This Morning,

PRELIMINARY NOTICE

Highly important SALE of the ENTIRE CONTENTS of the
ROYAL CHINESE JUNK, moored at the Royal Rock
Ferry, Cheshire.

. _
Alitlis jreEcel\iv'edluNnlimiitsr
icntsfeulitioannanfrooumnct g
respectedth at he
Proprietors. Messrs. Cat PPIN and FOSTER, to prepare Cata-
logue, and arrange for SALE, by PUBLIC AUCTION, about
the latter end of the present month, the Entire MUSEUNI
and valuable Contents of Chinese and Oriental Curiosities
contained within. The Royal Chinese Junk has been visited,
since its arrival in England, by her Majesty the Queen, her
Consort, the Royal Family, and Millions of her Majesty's
Subjects.
13, Parker-street, Liverpool, 16th Oct., 1854.

BY ORDER OP THE ASSIGNEES
By Mr. THOMAS WYLIE,
. .

On TUESDAY next, the 24th instant, at Six o'clock in the
Evening, at the Clarendon-rooms, South John-street,
Liverpool, subject to conditions,
Lot LA PIECE of LAND and DWELLING-
HOUSE, situate in Stanhope-terrace, No. 123, on
the north side of Upper Stanhope-street, in Toxteth-park,
containing in front thereto and in breadth at the back 15 feet
or thereabouts, and running in depth backwards on the east
side, including one-half of a common passage 3 feet wide, 77
feet or thereabouts, and on the west aide, including one-half
of the said passage, 76 feet 10 inches, or thereabouts. . _

The House has a small garden to the front, and is occupied
by Mr. Cusker.
Lot 2.—A1l that Piece of LAND and DWELLING-HOUSE,
situate on the 'north side of Mason-street, in Liverpool, and
containing in front thereto 13 feet 4 inches, or thereabouts,
and extending in depth backwards 54 feet 2 inches, or there-
abouts.
This House is in the occupation of Mrs. M`Leod.

Lot 3.—A1l that Piece of LAND, situate on the east side of
Boundary-street, in Liverpool, containing in front to Boun-
dary-street 130 feet, to Milford-street 135 feet 4 inches, to
Burton-street 127 feet, and to Townsend-street 121 feet
5 inches, and containing in the whole 1828 square yards, or
thereabouts, bounded on the north by Milford-street, on the
east by Burton-street, on the south by Townsend-street, and
on the west by Boundary-street.
This lot is admirably adapted for the erection of manufac-
tories, &c., haring four fronts, and being within 450 yards of
the Wellington and Sandon Docks.
4.--All that Piece of LAND, situate on the north side of a
road of 10 yards wide, in Litherland-park, Litherland, and
numbered 20 and 21 oo the plan of the Litherland Land Com-
pany, containing in front to the said road 31 yards, running
in depth on the west side 51 yards, on the east side 47 yards,
and in breadth at the back 49 yards, or thereabouts.

This building site commands extensive views of the entrance
to the River Mersey and the neighbourhood. It has been
partly walled and fenced round, and is planted with fruit and
other trees.
The Tenure of the whole is Freehold of Inheritance. _ _

For further particulars apply as to Lots i andi to Mr.
TouLsssN; and as to the whole to Messrs. RourNsox and
DUKE, Solicitors, Liverpool.

BY ORDER OF THE TRUSTEES FOR SALE.
By Mr. THOMAS WYLIE,
On TUESDAY next, the 24th instant. at Six o'clock in the
Evening, at the Clarendon-rooms, Liverpool, valuable and
important SHOPS, DWELLING-HOUSES, and VILLAS,
in Liverpool and Everton, subject to conditions, and in
the following or such other Lots as may be agreed upon at

the time of 'Sale :
Lot I.A Piece of LAND, with the SHOP and
DWELLING-HOUSE thereon erected, No. 73,
situate on the north side of Brunswick-road, in the occu-
pation of Messrs. Quayle and Barlow, as tenants.
Lot 2.—A Piece of LAND, with the SHOP and DWELLING-
HOUSE thereon, No. 75, situate on the north side of Bruns-
wick-road, in the occupation of Mr. James Hammersley, as
tenant.
Lot 3.—A Piece of LAND, with the SHOP and DWELLING-
HOUSE thereon, No. 79, situate on the north side of Bruns-
wick-road, in the occupation of Mr. Wm. Kendall, as tenant.
Lot 4.—A Piece of LAND, with the SHOP and DWELLING-
HOUSE thereon, No. SI, situate on the north side of Bruns-
wick-road, in the occupation of Mr. Thos. Perks, as tenant.
Lot 5.—A Piece of LAND, with the SHOP and DWELLING-
HOUSE thereon, No. 93, situate on the north side of Bruns-
wick-road, in the occupation of Miss Jane Brown, as tenant.

Lot O.—A Piece of LAND, with the SHOP and DWI ELLI NG-
HOUSE thereon, No. 85, situate on the north side of Bruns-
wick-road, in the occupation of Mr. William Galley, as tenant.
Lot 7.—A Piece of LAND, with the SHOP and DWELLING-
HOUS E, thereon, No. 87, situate on the north side of 13runs-
wick-road, in the occupation of Mr. William Walters, as
tenant.

Lot B.—A Piece of LAND, with the SHOP and DWELLING-
HOUSE thereon, No. 89, situate on the north side of Bruns-
wick-road, in the occupation of Mr. George Holt, as tenant.

Lot 9.—A Piece of LAND, with the SHOP and OWE LLING-
HOUSE thereon, No. 91, situate on the north side of Bruns-
wick. road aforesaid, in the occupation of Mr. Thos. Sirncock,
as tenant.

Lot 10.—A Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 93, situate on the north side of
Brunswick-road, in the occupation of Mr. David Morgan, as
tenant.

Lot il.—A Piece of rAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 95, situate on the north side of
Brunswick-road, in the occupation of Mr. Francis, as tenant.

Lot I2.—A Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 97, situate on the north side of
Brunswick-road, in the occupation of Mr. A. Coulson, as
tenant.

Lot Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 99, situate on the north side of
Brunswick-road aforesaid, in the occupation of Mr. James
Lott, as tenant.

Lo't 14.—A Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 101, situate on the north side of
Brunswick-road aforesaid, in the occupation of Mrs. Maria
Tanner, as Tenant.
Lot 15.—A Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 103, situate on the north side of
Brunswick-road, in the occupation of Mr. Henry Conner, as
tenant.

Lot Piece of LAND, with the SHOP and DWEL-
LING-HOUSE thereon, No. 105, situate on the north side of
Brunswick-road aforesaid, in the occupation of Mr. Samuel
Cottrell, as tenant.
The above Lots are Freehold of Inheritance; each Lot con-
tains 102 square yards or thereabouts. The Shops will first
be offered for sale in One Lot, and if not sold will afterwards
be offered in the above or such other Lots as may be agreed
upon at the time of sale.
The Dwelling-houses and Shops are substantially built and
finished, and being in an important thoroughfare, form a de-
sirable investment.

Lot 17.—A Piece of BUILDING LAND, immediately behind
the above Shops, situate on the south side of Halford-street,
and east side of Duckworth-street, containing 987 square
yards or thereabouts.
Lot 18.—A Piece of BUILDING LAND, situate on the north
side of Halford-street, south side of Alfred-street, and west
side of Gregson-street, containing in the whole 1,956 square
yards or thereabouts.
Lot 19.—A Piece of BUILDING LAND, situate on the north
side of Alfred-street, and east side of Duckworth-street, con-
taining in the whole 969 square yards or thereabouts.
Lots 17, 18. and 19 are Freehold of Inheritance.
Lot 20.—A1l those Four Pieces of LAND, with the Twenty-
nine MESSUAGES or DWELLING-HOUSES, and a DWEL-
LING-HOUSE and SHOP, thereon, situate on the south side
of Breck -road, and east and west sides of Glenvale-street, in
Everton. Copyhold, under the Manor of West Derby, con-
taining 3,023 square yards or thereabouts.
Eight of the Dwelling-houses and the Shop and Dwelling-
house front to Breck-road. _ _

Twenty-one of the Dwelling-houses form the east and west
sides of Glenvale-street.
__

The ib;ve Premises are well and substantially built, and all
occupied.
Lot 21.—A1l that Piece of LAND, with the Two Freehold
DWELLING-HOUSES or VILLAS thereon, in the occupa-
tion of Messrs. Jackson and Perks, situate on the east side of
Richmond terrace, Breck-road, containing in front 30 yards,
and running in depth 26 yards or thereabouts.
For further particulars apply to Messrs. ROBINSON and
DUKE, Solicitors, Liverpool.

WITHOUT RESERVE

Unreserved Sale of the extensive Stock JHORSES,Clarences,
Cars, Hansom Cabs, &c., part of the Stock of Mr. Jonathan
Bell, who is giving up ie Stables at the bottom of Bold-
street. By Messrs. LUCAS and CO.,
On THURSDAY, the 2nd of November next, at Twelve o'clock,

at their Rerinsitorv, Great Charlotte-st'reet, Liverpool,
THIRTY-FIVE HORSES. This well-known
Stock, equal to anything in the town of Liverpool, con-
sists of powerful, quick, and active Post and Car Horses;
Colours—grays, hays, browns, blacks, and chestnuts. •
Fourteen CARRIAGES, consisting of Clarences, Cars,
Broughams, Phaetons, two Hansom Cabs, &c.
Also, a great vhriety of HARNESS.

,
The whole on view'the Day prior and on the Morning of
Sale.

VALUABLE PROPERTY IN THE CENTRE OF

LIVERPOOL,

TO-MORROW (Wednesday), the 18th instant, at Twelve o'clock,
at the Clarendon-rooms, South John-street, Liverpool,
unless previously disposed of by Private Treaty, of which
due notice will be given,

ALL those WAREHOUSES, YARDS, and
SHEDS, situate on the East side of Williamson-street,
near Church-street, in Liverpool aforesaid, apd now in the
occupation of Messrs. Benson-and Co., spice merchants.
The above forms a choice and compact block of Property,
and contains an area of about 500 yards.

Tenure Leasehold, under the Corporation of Liverpool, for
75 years from the 23rd January, 1845.

For further particulars apply to Mr. WILSON, Solicitor,
30. Castle-street.

POLICE COURT.-YESTERDAY.

(Before J. H. Turner, Esq.)

Michael Malley, remanded from last Monday, charged
with being a suspected character, and the accomplice of
dissolute women, was brought up to-day ; but no further
evidence having been obtained, to prove that he had dis-
honestly come by the gold rings he had pledged, and the
duplicates for which were found in his possession, he was
discharged.

STEAmNa FROM A PAWNSHOP.—AIice Gilmour, charged
with stealing three dresses from the pawnshop of Mr.
Healing, in Scotland-road, on Saturday evening ; and,
also, with stealing a shawl from the shop of Mrs. Wilson,
147, Scotland-road. Both cases were proved, and the pri-
soner, who was known as an old offender, was sentenced
to be imprisoned for three months.

STREET ROBBERY.--Michael Newman and Margaret
Jones were charged with having knocked down a man
in Wilbraham-street, on Tuesday night, and robbing him
of his watch. The parties were taken into custody on
Sunday night. The property had not been found, and the
prisoners were remanded.

STEALING IN BILIDEWELL.—WiIIiam Hughes, a young
man who had been charged with stealing some carpenters'
tools on Thursday last, and lodged in bridewell on Satur-
day, was now charged with that theft, and also with
having robbed a tall raw-boned Scotchman named Cooley,
in Bridewell, he having been found drunk in the streets,
and locked up for safety. From the statement of Camp-
bell the bridewell-keeper, it appeared that Cooley was
searched on his being put in, but nothing of consequence
was found on him. The prisoner Hughes was put into
the same cell, and a scuffle ensuing Campbell looked
through a slide wicket in the door and saw Hughes
take a parcel out of the drunken man's pocket. He im-
mediately opened the door, and on searching Hughes
found in his pocket a parcel containing 19 sovereigns and
two half-sovereigns; while 13s. 6d. in silver were found in
his other pocket. Hughes' pockets were, he said, care-
fully emptied when he was locked up. Cooley said he had
recently come from America, and was on his way to join
his wife and family in Edinburgh. He identified the par-
cel containing the sovereigns as his, and also claimed the
silver money. Hughes was sentenced to be imprisoned
for two months.

IxISII FACTION FIGIIT.—John, Hugh, and Patrick
Daly, three brothers, were charged before Mr. Mansfield
and Mr. Smith with a violent assault on John Lovell, a
dock porter. All the parties live in Frederick-street. On
the night of Monday, the 9th instant, the prosecutor, who
admitted he was in liquor at the time, sat down on the
door steps of his own house when he was assaulted by the
three prisoners, who dragged him off the steps, threw
him on the ground, trod on him, and kicked him in the
face in such a manner as to knock several of his teeth out.
It appeared that Lovell and his wife belong to the Orange
party, the prisoners being Ribbonmen. The assault and
the unprovoked as well as savage nature of it were proved
by the prosecutor, his wife, and a neighbour ; while for
the prisoners several witnesses were adduced who dis-
tinctly swore that they were not the guilty party, which
was perpetrated, they said, by persons whom they did not
know. They likewise averred that the prosecutor and
his wife were the assailants, and insinuated that they
were bad characters. They differed, however, considerably
from each other on minute points, and after a painstaking
m, which occupied a long time, Mr. Mansfield

hives tip
said the

assault had evidently arisen out of one of those
party riots which so greatly disgrace the Irish population
in their own country, and which habits they carry with
them into other places. He said, notwithstanding the
bold conflict in the testimony of the two sets of witnesses,
his brother magistrate and himself had no doubt as to
the prisoners being the assaulting parties, and he sen-
tenced each of them to pay a fine of £5 and costs, or be
imprisoned for two months.

A NOVELTY TOE LADIES.—A Parisian modiste has
suggested a chapeau, which obviates the inconvenience of
wearing bonnets, at dOetiners, and other occasions,
within doors, by converting them into caps. This is done
by removing a portion of bonnet, as easily as a gentle-
man can take off his hat ; when there remains on the head
a coiffure of the most tasteful description.

THE ARCTIC EXPEDITION.—Her Majesty's ships Tal-
bot and North Star (lately returned from the Arctic
regions,) with the crews of the abandoned ships, are still in
the basin at Sheerness, completely dismantled. The Lords
of the Admiralty have ordered a series of investigations to
take place into the manner in which Sir Edward Belcher
has failed to carry out the instructions under which he
proceeded to the Arctic Seas. The Court-martial about to
be held upon Commander Osborne, Pioneer ; Captain
Kellett, Resolute; Commander M'Clintock, Intrepid;
Captain Sir Edward Belcher, Assistance; Captain M'Clure,
Investigator, &c., was to have been held on Saturday, but it
is said to have been postponed till this day, (Tuesday.)

A WIIISPER TO A WlFE.—Study your husband's tem-
per and character, and be it your pride and pleasure to
conform to his wishes. Check at once the first advance to
contradiction, even of the most trivial nature. Beware of
the first dispute. Whatever might have been concealed
as a defect from the lover, must with greater diligence be
concealed from the husband. The most friendly and inti-
mate familiarity cannot surely be supposed to exclude
decorum. Let your husband be dearer and of more con-
sequence to you than any other human being; and have
no hesitation in confessing those feelings to him.

A DROP OF OIL.— Every man who lives in a house,
especially if the house be his own, should oil all the various
parts of it once in two or three months. The house will
last much longer, and will be much more quiet to live in.
Oil the locks, bolts, and hinges of the street door, and it
will shut gently, with luxurious ease, and with the use of
a small amount of force. A neglected lock requires great
violence to cause it to shut, and with so much violence that
the whole house, its doors, its windows, its very floors and
joists, are much shaken, and in time they get out of repair
in all sorts of ways, to say nothing of the dust that is dis-
lodged every time the place is so shaken. The incessant
banging of doors, scrooping of locks, creakingc, and scream-
ing of hinges, is a great discomfort. Even the bell-wire
cranks should sometimes be oiled, and they will act more
certainly and with such gentle force that there will be
little danger of breaking any of them. The castors of
tables and chairs should be sometimes oiled, and they will
move with such gentle impulse and so quietly that a
sleeping child or old man is not awakened. A well-oiled
door-lock opens and shuts with hardly h whisper. Three
pennyworth of oil used in a large house once a year will

save many shillings in locks and other material, and in
the end will save many pounds in even the substantial
repairs of a house ; and an old wife living and sleeping in
quiet repose will enjoy many more years of even temper
and active usefulness. Housekeepers, pray do not forget
the oil. A stitch in time saves nine, and a drop in time
saves pounds.—The Builder.

CERI! LABOUR IN POLAND.—In every village is an
overseer, whose duty it is to call in the evening at each
hut, and notify the inmates as to the part of the planta-
tion where they are to meet the following morning and be
ready to start for work. Men, women, and children are
included in this order, of course ; they assemble as directed,
and are then driven like so many oxen to their labour.
Of whatever kind the work may be, the women are com-
pelled to toil as the men; the children are assigned light
tasks, as picking stones, &c. Over each division is placed
an overseer, having in his hand a whip of braided straps
of leather, and should any one presume to stop even for a
moment, the lash is unmercifully applied—children are
not exempt from this infliction, and whoever may be the
object of punishment, he, or she, is obliged to kiss the
baud and foot of the inflictor. Should any one refuse to
do so, as is sometimes the case, the poor creature is laid
upon the ground, and receives forty additional stripes, then
with blood trickling from his back, returns again to work.
In some instances (the overseer being in an unusual rage),
children, perhaps a son and daughter, are required to hold
down a parent, whilst another member of the same family
is made to administer the lash with his utmost strength.
These things seem heart-sickening to relate, nevertheless
they are true, and not a day passes withoUt many indi-
viduals being subjected to such treatment. When they
leave their miserable homes in the morning each peasant
carries upon his back a coarse cloth sack, containing the
dinner of its bearer ; this consists of a loaf of brown bread,
having the appearance of baked sawdust ; and if the bearer
has been so fortunate as to have recently killed a pig, he
takes with his bread a piece of raw pork. Before com-
mencing work, these sacks are deposited. heaps upon
the ground, and at noon, when the signal is given, they
rush with the speed of half-starved animals, every one for
his bag, and then commences a devouring of bread and
salt in the most ravenous manner. Each gang is allowed
a mug for water, and this is passed from one to another
until all have been served. Such is the manner in which
these poor creatures toil on through their period of ex-
istence, without a ray of hope to cheer or a single solace
to alleviate their woes.—Allen's Autocracy in Poland
and Runk:.

INTERIOR VIEW

OF ST. GEORGE'S HALL,
ELABORATELY EXECUTED IN TINTED LITHOGRAPHY,
And showing in detail the gorgeous decorations.

EXTERIOR VIEW
of this magnificent building, showing the Eastern facade
and the portico of the South end, executed in the first
style of TINTED LITHOGRAPHY.
May be had at the office of the " LlTzurooL
STANDARD," 4, St. George's Crescent. •
PRICE SIXPENCE EACH.

TO CORRESPONDENTS

VINCENTITYS next week

COLLEGIATE INSTITUTION.—UPPER SCHOOL.—A paragraph
has been circulating during the past week in the pages of
several of our contemporaries, describing Mr. Ellis (who
has just been elected Fellow of Trinity College, Cam-
bridge) as late Classical Master at this Institution. We
are requested to point out the mistake, and state that
Mr. Ellis is now the senior Classical Master in the Upper
• School. as well as to hope that those journalists who
have fallen into the error will supply the necessary cor-
rection.

fo' We shall be happy, at all times, to receive communica-
tions on subjects of local or general interest.
Letters addressed to the Editor should be accompanied by the
real name and address of the writer, not for publication,
but as a guarantee of good faith ; this is indispensably re-
quisite in any statement of facts. The Editor wishes it to
be understood that he does not hold himself responsible
for the opinions or statements of his correspondents.
BOOKS, &C., FOR REVIEW, may be left at Mr. C. Mitchell's,
Red Lion-court, Fleet-street London, addressed "to the
Editor of the LIVERPOOL STANDARD," when they will
be forwarded and receive attention.
The ANNUAL SUBSCRIPTION to the LIVERPOOL STANDARD
is 20s. in advance—or 225. on credit.

titimpoot tattbarb+

TUESDAY MORNING, OCT. 17, 1851

THE NATIONAL REVENUE.

THE return of the National Revenue, an abstract
of which we have given in another column, though
showing a very small increase on the year, and
something more than half-a-million on the quarter,
affords anything but a satisfactory proof of the finan-
cial skill of the CHANCELLOR of the EXCHEQUER,
or of that elasticity in the national resources so con-
fidently vaunted by Ministerial organs. It will be
observed that on the year's account the increase is
only £16,580, but an examination of the items shows
that the additional Property Tax received is no
less than £1,351,241, and the Post-office £299,000,
while there is a falling-off in Customs, the most
important item in the revenue, of no less than
£839,255, attributable in some degree to the
improvident reductions of duties at the very time
when the Government ought to have known, as
proved by the subsequently published documents,
that a costly war, if not inevitable, vvas very pro-
bable. The return for the quarter presents a more
favourable appearance, there being an increase of
£550,188 ; but, here again, it is all owing to the
additional Property Tax, the increase of which is
£569,686. There is also an addition of £lOB,OOO
from the Post-office; and the Excise—which is often
taken as a test of the popular capability for con-
sumption—shows an improvement of no less than
£354,912. In the Customs, however, there is a
falling off, but only of £150,107, so that it is to be
hoped this branch of the Revenue is improving.
It will be seen, however, that, had it not been for
the increased Property Tax, there would have been
a serious deficiency in the Revenue without any
reference to the additional expenditure for the war,
which has still to be provided for.
The Government claim great credit for having
published the financial accounts in what they are
pleased to term a more correct and intelligible
form. It will be difficult for the ordinary reader
to entertain any clear comprehension of them,
except that he is told the returns from Ireland are
included, which was not the case in former accounts.
The Irish receipts are not, however, distinguished ;
and those who study them the most deeply will
come to the conclusion that the CHANCELLOR of
the EXCHEQUER, in his new scheme to show the
public finances clearer, has only succeeded in mak-
ing them more complicated.
The Lords of the Treasury have certified to the
Commissioners for the Reduction of the National
Debt, that the surplus revenue for the year, ended
sth July last, is £1,058,678 lls. 10d., of which
%le fourth 0r2264,669 12s. 11d. with £2,729 lls.ld.
interest on Donations and Bequests, making a total
of £267,399 45., will be applied to the reduction of the
National Debt. It must not be supposed, however,
that there was any actual surplus, as this sum arises
from the balance of a previous period, one-fourth
only being appropriated, and the remainder carried
forward to meet a deficiency, as in the present case.

OUR EXPORT TRADE-MONETARY
AFFAIRS-THE BANK CHARTER.

Tan monthly returns of the Board of Trade,
which we published last week, showed a falling off
of nearly half a million in the value of exports,
during August, as compared with the correspond-
ing month of last year. There is, however, an
excess of nearly a million and a half on the eight
months of the year, which, taking into account the
very large amount of business done in 1853, shows
that the export trade of this country is still being
greatly extended. This of itself would furnish
ample grounds for congratulation to those who
look upon the commerce of Great Britain as the
great source of national wealth ; but a somewhat
different view of the subject appears to have been
taken by Messrs. T. and H. LITTLEDALE and Co.,
an extract from whose circular we gave last week.
They are of opinion that our exports must result
in heavy losses rather than in profit to the senders,
and they say :—" We are glad to see a decrease of
the missions of September to the extent of nearly
half a million." We may admit that some disad-
vantages have attended commercial transactions,
and that these may have been enhanced by a
restricted currency, but we cannot coincide with
the opinion that our export trade has been promi-
nently affected, or that there is any cause for con-
gratulation in the falling off alluded to. It seems
to have been forgotten that commercial derange-
ments have been mainly, if not solely, caused by
the great excess of importations which has kept
the balance of trade against this country, and that
while this state of affairs has been induced by the
united operations of a restricted currency and a
nominal system of free trade, which practically
gives the greatest advantage to the foreigner, it
is only the increase of exports which has served to
counteract its ill effects. In order to restore a
healthy state, our Exports must be still further
increased, in order to exceed, or at any rate to keep
pace with the excessive importations, and then we
anticipate that the arrivals of gold from Australia
will remain to swell the stock of bullion in the
bank coffers, to be followed by a reduction in the
rate of (liseount and a corresponding easiness in
the money market. It is with special reference to
the reduction of Imports that the late abundant

harvest will prove beneficial, and, therefore, 111;
withstanding the recent failures and the Press ti,
arising from monetary restrictions, we feel jus

fled in looking hopefully to the future.
The question of currency is not without its rect
portance, particularly with reference to its ",,it
bearing on mercantile affairs, but unfortanate_l to
is so often mixed up with crude theories P"'Ao
weaken its influence on the public ruili.tatioo
attempt is now being made to create an an opti
against the renewal of the Bank of the to
Charter, and as appeals for support are
Liverpool, as a community most largely °ere to'
it would be but prudent to come to a e6rectolli
derstanding on the point at issue. If it be etc
desirable, after so long an experience of a rue
still
currency, to revert to. a paper system, it 73111Y3
be doubted whether the right of issue sh° tba
transferred from the Bank of England !omper
Government, in whose hands the creation 0' lilt.
money might be made an engine for Politica; IPs4)
poses. It is not, however, the measure 0; isig,
which has operated injuriously, but that oe ore
and if this point be conceded, of which titerod
grave doubts, the only resource is to reve'f'.,,,ier
more to one pound notes, to unrestricted,i-oper
and, consequently, to the substitution u".,,ch
money for the present gold currency. Fold be
an object the repeal of the act of 1844 ..floweti
useless ; for, with one exception, which Was - never
far more weight than it deserved, it ils,:cl f°,
been in practical operation, and it is 57 01
contend that a nominal restraint on theL'os eats
notes is really a restriction, when the reclu' of
of trade, as evidenced by the weekly retilel
notes in reserve, are far within the Pre ":1110
margin. We must, however, look to other re fell
flowing from our currency system, whielj,c
are t
deserving attention. The compulsory PuY,-,eDy
to
gold by the Bank of England has a tenuer-eilit9
stimulate import trade, owingto the '3Ol
afforded to foreigners to be paid in gold at 3 e9t131
price ;so that, unless our export trade has s
stimulus, the adverse balance of trade crea h
constant drain for the precious metals, whic',;(ol3
it not been for the Australian supplies' Pt
have produced very serious money disasters' e'
if, on the other hand, our own circulatiou.:: rev
paper, and no corresponding stock of Wine set
dered compulsory, a large surplus w°lll'ertaoce
free, so as to render its possession of less hull'arer'
in commercial transactions. It will be seen,ll°, Othat the question is beset with consideralter 111
culties ; but these will be rendered still gtAlsil
a removal of the privileges of the Bank .91.*`-'
into the hands of the Government. 104°
There is one point in connexion 01' Ale°.
in Liverpool which is entitled to serious 1010
tion, because it operates to increase the cli'Y
experienced. None of the bankers in„
charge a commission on the payment or'i,eit °P
and the Joint Stock Banks, who allow iate'ote
deposits, confine that allowance to a 10W perlS'
the minimum balance during a particui'lL't
Were this the custom in Liverpool, nonev-e.reso
small transactions would be paid in cash ; Serotds;
3; number of persons would keep banking cle t)
and the majority of payments being 'o
cheque, a far less amount of specie sc 'to tl5'i
required in business transactions. But'otor„
were added the establishment of a clearing.; by t
a measure which would be amply justige „ teot'
number of banks in Liverpool—about
of the money now employed would be at t'):olo,,,tr
mand of the bankers for the purposes 01. °Ca
dation, their business would be extended, °old l"
greater amount of monetary transactions 5vc:11364,
conducted with a less quantity of the cite
medium. Such an alteration would 1311,trjer,
remove many of the evils attributed to a re`
currency ; while, so far from the bankers _d
less
profits from not charging commissi° tY
ments, they would increase their ell' fr°lll
additional business in discounts.

THE WAR

RA" I,
THE war in the Crimea is still the ev P„
,e
topic of conversation amongst all c 135:: ;lectfifi,
since the deception practised through ti*-ii3
telegraph, the public have lost confidenceibete
munications of doubtful origin, and are' ,;e off lt,
compelled to wait from day to day for t' cre'„
despatches, which alone are entitled t?ned cle:e
The London Gazette, of Tuesday, ca 011,,,
patches from the Commander-in-Chiet;w,hinverst,i'''of ,
given in another column, descriptive oftne:ight'4e
from the defeat of the Russians on tithe
Alma until the immediate preparations for er
of Sebastopol. It appears that, by a ciel'ageoli
ment, which was skilfully planned and CO
executed, the Russian general, Prince oglet'el
KOFF, has not only been beaten, but ct3ss pl°c:ot
out-manceuvred, and the important furircibe t°'l,j‘
at the mercy of the allied forces, uode,riie clitl4
advantageous circumstances, reducing L'votait
ties of the siege, and, consequentlY, ei.ca°oB,c°,,reAl
the sacrifice of human life. Leaving t''
coll
19
to the north of Sebastopol, which, being trea.ol
the object of attack, had been west the
defended by outworks and fortificatiaos'D, 17011
forces, by an extraordinary flank 01.c04;00
between the Russian army, under Frio°
KOFF, and the fortress, and, seizing t''''ooed
town of Balaklava, which thus became pteBeijo
point for the landing of reinforcenients,;ol, 'f.teol°
themselves at the south side of Sehast°l-been
being unexpected, no preparations 11.31` evieo i3ercl
to oppose them. In executing this inec,est,`fpoi
troops had to pass through a do f
ss I°l4ioo;i,eff
all military formation was out of the Wieeli
manfully the soldiers struggled tilvseot,
impediment,—Guards, Riflemen, ffisigir.3eacl/ii rig
other infantry being mixed togetlle;', stic"peell
doing the best for himself, though tlue;
wool
advantages that the consequences vi'°u
serious had the Russians availed 601° ill°
5'
01
t
opportunity. It appears, however, ti-.3f J\ll3l eta
which had been struck on the heights f° theso completely paralysed the courage co
e80,,411
d of
as to deter them from any attack ; butt,ibe h°9,
ing from the forest, Lord RAGLAS) 9 three 'lO Of,
lew of the Scots Greys, and two or 016°,0. of
found himself close on the flank 0f 11 411t1'
a (1"`
15,000 Russians, who were escorting bastoP
ammunition and provisions from Se ,as-00,"
Baktchi Sarai. The Russians had everl 0.14 oy
of numbers and situation, but Lora he gank
them no time for consideration ;
all boagfetlt
charged them at the head of his era.,nber, 5° riti°
notwithstanding the disparity of ofdnay ooo'
was the terror inspired by the bravetev flelo
th
troops, that the Russians preciPita
coovola
half in each direction, leaving their orstleeoci:
British forces, who, after re-forming'
march with no further interruptiol..„4„, air"
AD
el(e°;
troops followed the march of the
0105
with no obstruction.
established 0/1°
,he
oJ cf.
The allied forces, having
tohne theheavy high
ggur
nousnfdosrn
theear Bs ai
el a: acv,f3
s' se'epTes fiber,°r
fi;
effected on the 28th and 29th or As that o•t,
towsr" oris, tB.
the march was then commenced rep coo,'
sale"' •1 3e
tress. Judging from sub h ofooo j, ast,
anticipated being able to riblis ioote
alb, be"
Britishfwhicbwas
by
yevthe late
of Sebastopol having actually Ale to
ar. 0t
tt
oh the termoenntdhio us sfoprotNrveesrs
however' ciog
impregnable. It appears, cot °fA 011°A,
intelligence, that the curanlencelikth at" ..,fitc"e
had been postponed until the , JOY'
ten days for the transmission of the