The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-02-18 00:00:00

Lord Sefton ns b li Sankey
Mr. W. J. Hope Johnstone's ch h The Returned
Mr. Jas. Mason's Saari Weller.
Mr. Powell ns Seventy-four.
Capt. Price ns Peter Simple.
Mr. A. Moore's b g St. Lawrence.
Mr. Speed ns Tom Tug.
Mr. Stevenson's True Blue.
Mr. Elmore's Lottery.
Mr. Lamplugh's Birthday.
Mr. Theobald's Pauline.
Marquis of Waterford's b g Blueskin
Marquis of Waterford's Columbine.
Sir W. W. Wynne ns The Romp.
Mr. Ruthven's Daxon.
Mr. Ferguson's Banathlath.
Mr. Bond ns Whalebone.
Mr. Davey ns Gay Lad.
Hon. C. Forester's Lady Langford.
Mr. Ramsay's Bangalore.
Mr. Moore's b g Anonymous.
Mr. Murphy's The Wild Irish Girl.
Lord Maidstone's Satirist.
Lord Chesterfield's Nimrod.
Mr. R. Ekin's Luck's-all.
Lord Clanricard's Honesty.
Baron Rothschild's ch g Consul._

The following did not name:—The Marquis of Douglas—
Lord Cassilis—The Hon. F. Craven—Sir Richard Brooke,
Bart—Mr. J. Smith Bsrry—Mr. B. Bretherton—Mr. Smith
—Mr. A. M‘Donogh4Mr. A. Robertson—Mr. H. Wolesley
—Mr. Tilbury—Mr. J. Walker—Mr. Maddocks—Captain
Nugent—Mr. Vevers. _ _

The PRINCE OF WALES'S CUP, value 100 Guineas,
(given by the town of Liverpool,) added to a Sweepstakes of
20 sovs. each, hf. ft. For Maiden Horses of all denomina-
tions, carrying 12st. 71b. each. The second Horse to save
his Stake, and the winner to pay 5 soya. towards expenses.
To be ridden by Officers of the Army or Navy on full pay;
by Members, or Sons of Members, of the following Clubs—
White's, Brooke's, Boodles, both United Service Clubs, the
Carlton, the Reform, the University, the Jockey and Turf
Clubs, the Croxton Park, Heaton Park, Eglington Park, and
Bilbury. Over a line of country to be chosen by the Um-
pires of the Great National Steeple-Chase, and subject to
the same rules and conditions. Six subscribers or no race.
Marquis of Waterford's Columbine.
Mr. Tomlinson ns g g Jim-along-Josey.
Mr. Moore's b g The Game Chicken.
Mr. Ward's b m Forget-me-not.
Lord Chesterfield's Claude Duval.
Lord Clanricarde's ch m Pine, by Pioneer.
THE CHAMPION HURDLE RACE.

A. SWEEPSTAKES of 15 sovs. each, 10 soya. forfeit, /
with 50 sovs. added. The second horse to save his stakes.
Weights (as for the Billesdon Coplow, with ages from Ist
January) I yrs old, lOst 91b ; five, Ilst 71b ; six, 12st ; and
aged I2st 21b. The winner of one hurdle race to carry 51bs.
extra ; of two or more, 71bs extra. Half-bred horses allowed
'Abs. Bona fide Hunters, never having won an advertised
race, (Steeple-Chases excepted,) and producing a certificate
(signed by the Master) of having been regularly hunted du-
ring the present season with a pack of Fox-hounds, allowed
51bs. Two miles. The extra weights for winning, or allow-
ances for not winning, to be named by each Subscriber at
the time of Entry.
Marquis of Waterford's b h Usurper, 6 yrs.
Mr. Hunter's gr g Peter Swift, 6 yrs.
Mr. Peace's b g Defence, aged.
Mr. W. J. Hope Johnstone's The Returned, aged
Mr. Gordon's Bounceaway, 4 yrs.
Mr. Wadlow's b m Query, aged.
Mr. Atkinson ns b g Now-or-never, aged
Mr. Ekins's The Duenna, aged.
Mr. Elmore's Eottery, aged.
Mr. J. Mason's Sam Weller, aged

Mr. Erry will feel obliged if each Subscriber will signify
(in writing) to him, or Mr. LYNN, at the Waterloo Hotel,
before five o'clock on the day before running, the Colour of
the Jacket and Cap that his horse is intended to be ridden in.
Mr. WILLIAM LYNN, Secretary.
Mr. JOHN ETTY , Clerk of the Course.

THE REAL CAUSE OF MANUFACTURING
DISTRESS.

(From Mr. Ferrand's speech.)

The anti-corn-law advocates asserted that the great num-
ber of the manufacturers in the country were insolvent, and
that the corn-laws were the cause of that insolvency. He
(Mr. F.) had inquired into that assertion, and he was sorry
to say it was true as far as the insolvency went. The reason
was this—they never were solvent in their lives. (Laughter.)
He would endeavour to describe to the house the manufac-
turers in the North of England at the present day. They
were but a remnant of the high-minded and honourable class
of men who had raised the trade and commerce of the coun-
try to the highest pitch of respectability—they were the
remnant of those men who walked about the streets with ho-
nesty depicted in their countenances. But there were few of
these men left now. There were a few, he admitted, who
tried to tread in their steps, but the remainder were men who
knew no bounds to their insatiable thirst after wealth, and
were gamblers in trade. They were a set of men who bad
been set up in trade by the joint-stock banks, and many of
these banks were little better than stores for the protection
of swindling. They got their names entered on the joint-
stock bank books, they then went to a woolstapler, and
offered to buy a quantity of wool of him—they referred him
to the joint-stock bank. The answer was, " Oh, they are
highly respectable—they have their names on our books."
They purchased the wool at three months' credit, they turned
it by their power mills into goods, and by the following week
they had it in the market and sold it for ready money. The
consequence was, they had to sacrifice a large amount to
the merchant who bought, as well as to the manufacturer.
They did not pay for it at the end of three months—they
had two months further credit, and they had to pay five
months' interest to the woolstapler. The consequence was,
that these men could go on very prosperously as long as
there was a call for the goods in the market ; but when there
came the slightest stagnation in trade, they immediately
broke : and what a scene there was in the Court of Bank-
ruptcy. Honest manufacturers and tradespeople, who for
years had been amassing their small amount of capital, found
themselves ruined by the artful villany and swindling of these
men. Nay, it was no unusual thing to find them spend
the money which some confiding labourer had left in their
hands for the benefit of his family. This was no unusual
thing, it was constantly the case, and constantly brought
to light in the manufacturing districts. These men had
scarcely crossed the threshold of the Bankruptcy Court be-
fore they started again in trade. They had previously been
working the capital of their labourers. They had now some
friend to appear as petitioning creditor. One of these men
came as the largest creditor, took the 2s. 6d. in the pound
and turned the money over. Now came out what the de-
signs of the Anti-Corn League were three years ago ; they at-
tempted at first only to try for an alteration in the corn laws.
They soon found they had very few supporters in the country.
They then held out in favour of the enemies of the
church, that if they would join them, as soon as they had
carried the repeal of the corn laws, then the established
church should be attacked, and after this offer had been
made to the country the hon. and learned member for Cork
was invited over to take his seat at their dinner. He then
declared in the presence of these manufacturers that they
were possessed of sufficient wealth in Manchester to buy up
all the landed estates of the nobility of England. He then
asserted that " the landlords' venison was mixed with the
widow's tear, and that their claret was died with the orphan's
blood"—a rather cool assertion for the hon. member for
Cork, when it was remembered that he had existed for many
years out of the pence extracted from the poor. But he
would ask what had the farmers of England to expect from
these cotton lords who were able to purchase up the landed
interest ? It was their principle, when they purchased an
estate, immediately to have it revalued. They carried the
principle of the ledger into their rent-roll—the rents were
doubled ; and he had known many families in his part of the
country ruined by the oppression of these men. He remem-
bered an instance which took place many years ago, where a
poor farmer had his rent doubled. He struggled on for a
few years to try to meet it, when he could not bear to leave
the spot. He had even to, pay a few hundreds which he teed
saved as increased rental to his landlord, and when the time
came that his cattle were seized for rent, he died of a broken
heart. His wife was not long before she followed him.—
Their eldest son, just bursting into manhood, endeavoured
still to keep the family together; but the last which he (Mr.
F.) had heard of him was, that reason had lost her empire
over his brain, and that be had become the inhabitant of an
asylum.

DISTRESSING ACCIDENT.—We regret to state that on the
evening of Saturday last, an accident by which four persons
(two of them belonging to Glasgow) lost their lives, occurred
betwixt Greenock and Helensburgb. The following are the
particulars i-rTbe new brig Caroni was lying off the Tail of
the Bank, on the eve-of sailing, on her first trip to Trinidad.
In the course of the afternoon, Mr. John Wilson of this city
the owner, accompanied by Mr. Wigton, of Messrs. Wigton,
Gray, & Co., and several other gentlemen, proceeded in a
small boat aboard the vessel. At seven o'clock they all left,
in two boats, to catch the half-past seven train to Glasgow.
Mr. Wilson, Mr. Wigton, and Captain Gray, with the ne-
cessary number of seamen, left in one boat, and the other
party of gentlemen in another. The night was very dark and
tempestuous, the wind being strong ahead ; and the second
boat, which contained Dr. Anderson of Carfin, Capt. Coots,
Mr. Gibson, and Mr. Win. Cameron, was compelled by the
storm to put in for Helensburg. In this they were foiled,
and were at last driven on kpoint near Ardmore, called Clud-
dach, where. by springing knee-deep into the water, they all
got safe ashore. The other boat, however, containing Mr.
Wilson and his friends, had a very different fate; it sunk, and
Mr Wilson, Mr. Wigton, and two of the seamen, perished.
One 9f the seamen belonged to Greenock, and the other was
a hand on board the Caroni, but their names we have not.
heard. Captain Gray was saved as if by a miracle. The
bodies were, after a search, found ; and on Sabbath the re-
mains of Mr. Wilson and Mr. Wigton were brought to town
and delivered to their friends. The sad event has caused a
great sensation in Glasgow.—Scottish Guardian.

FREE TRADE CONSTELLATIONS.—He had heard to-night
a great deal said about the principles of free trade, and that
they were to save the country. It happened that, during the
recess, the two noble lords—the member for the city of Lon-
don, and the member for Tiverton—were like the poor in the
parish of Bingley, wandering through the country in search
of employment. (Hear, hear, and laughter.) He had heard
of some humane and kind persons at Birmingham who drew
them up an address of condolence. He had not the copy of the
one presented to the member for the city of London, or his
reply. lie well remembered lie had asserted that the prin-
ciples of tree trade were sound, and that the right hon.
baronet had a very easy task. He supposed the noble lord
had been trying to prove it within these last few days. But
he had the address of the member for Tiverton. It said,
~ We confidently hope that the period will speedily arrive
•when it will please her Majesty to restore your colleagues to
power, "—(a laugh,)—who
attempted to apply to commerce
those principles of free trade which mankind have acknow-
ledged as " the only sure foundation for permanent pro-
sperity." Ricardo, 'Malthus, M'Culloch, and all of
that
admitted that the subject was one involved in the
greatest obscurity, and no doubt it was left for the honour-
able
member for Wolverhampton to dispel these clouds—it
PerictY Class,
was left for the honourable member for Bolton, and the
to become bright constel-
lations.honourable member for Stockport,left for
(renewed laughter)—
It was or.
—the hon. member for
Dumfries to becomnoblee
.
and it was left for the two
)the evening star ;—(renewed
laughter.)-111r. Ferranti Speech.
moon, in this expansive well-defined social system. (Great