The herald., 1837-04-06
|. 3l.43a.OOO
I. l.34,627,OOO

LONDON March l0.-There were symptoms appa
rent today of some revival of the uncasness which
was SO prevalent during the whole Of last week, on
the subject OF commercial credit and particularly
latve TO the large amount of bills from America,
which will fall due in the middle of the month, but
we are inclined TO believe that the provision made IN
lhe beginning OF the month for engagements cf this
description, quite sufficient to cover all, and that
the apprehension referred TO does not rest upon any
substantial grounds.
This senstiveness of the trading community arises;
without doubt from the knowledge generally
dffused of the nature of the crisis through which
have Just safely passed
This was assigned at the stock exchange
cause OF the fatness which existed there but il would
De attributed perhaps more correctly TO the defeat OF
the French ministry communicated by the extra
ordinary express of this morning, independently OF
which the tone of the Paris letters generally is far
from cheering and there IS vague feeling of some
changes about occur there calculated 10 disturb
public confidence In the stability OF European politics.
Consols receded from 80. 10 9OA, which was the
closing price; and for the account 904 tos. Exche-
quer bills remain at 2Ss. to 3Os premium. India
bonds advanced 10 26s. to 2Ss premium Bank stock
2e7a to8l.
STATE OF TRADE At PEEsToN.-The factories have
been actively and fully at work during the week.
The turnout is now only matter OF history, except
indeed its traces stl practically visible IN the al
tered and impoverished condition of those who have
been the victims of it, The masters are complaining
and trade is generally dull.-Dianehester Times.
PARIS, March 9.-Five per cents, lO7f l5c lOc. Sc.
~.
90c.; Four and half per cents, l00f 75c Four per
cents 99f Soc; Three per cents, 79f 25c 20c. bank
actions, ,420.
March !, Half past o'clock, p. Mast PnrcEs.
Five per cents, l0It &c.; Three per cents, 79 35c.
bank actions, 2,420f
The bill for the Abolition Of church rates had been
introduced by Lord Melbourne, in the House ofLords
Itproydes
Bishops deans and chapters, &c. shall be managed
by a board of ii commissioners, including the two
Archbishops, and the Bishop of London. The Arch
bishop of Canterbury, for HIMSELF his brother of York,
and the Bishop of London, protested against the
sure on the 9th of March, and declared most empha
tcally that nothing short OF an act of Parliament
should compel them 10 accept the office OF commls
sioner. The Bishop of London opposed the bill also
with exceeding warmth and bitterness.
2. Leases 10 be granted for 81 years, rack-ren
g. I'ne income 10 u general fund, for the pay
ment of the allowance 10 the church dignitaries,
&c.
a. Church rates TO be abolished.
g. Visitation fees abolished.
6. Dssenters 10 be exempted from acting church
wardens.
T. Pews to be rented, and the rents applied to the
service Of the charch
These are the principal provisions There
many others, which we have not time 10 notice this
evening.
Vast numbers Of petitions were constantly pouring
in, both for and against the abolition OF the church
rates.
The Times declares with great confidence that the
bill had received It's quieus
In the House of Commoaso on the 9Th, petition was
presented from Mr.. Weaver, who complained that
in the subscription list of the Westminster bridge and
Greenwich railway, number oinaAes had been sign
ed by persons who had no interest IN the undertaking.
whose nominal subscriptions amounted to more than
$4,000 pounds, and who were all actually paupers.-
ThIswas complained of fraud upon the House and
the pubic and DIR. Hume, whe presented the petition
declared that The subject ought 10 be investigated
Petitions presented for the repeal OF the du
a. sIa V,~.h hu
able merchants and manufacturers of Manchester.
Mr. Hume moved that IN bills for the enclosure OF
commons, &c, provision shsuld be made for leaving
open space, sufficient for the purpose OF exercise
and recreation for the inhabitants. Sir Robert Peel
supported the melton, and II was made one ef the
standing orders.
Mr.. Buckingham moved for leave TO bring forward
bill for the better regulation of the mercantile marine
with view 10 the prevention OF shpwrecks lie sta
ted that the loss by shpwreck of British vessels,
one year was three millions stering accompanied by
the greater loss of thousand lives. The committee
ID investigation which had been appointed on this
subject ascrbed the dreadful extent OF loss l. L. the
defective construction and strength of British ships,
compared with those OF other nations 2 want OF
skill IN captains and mates; and s. dehciency OF TACK
le. A more powerful remote cause, he thought, was
the system oflnsurnnces which tended 10 make own
ers OF ship and cargo Indifferent TO the safety Of ei.
ther, and tempted them TO prefer cheap ships TO good
ones.
He preoosed that marine board should be formed,
OF seven members, fOur having Hau cAPcIcHcs az
commanders, either in the naval or mercantile ser
vice, one master ship-buder, one professor OF as
ironomy and photography and enc person OF legal
knowledge. The motion gave rise 10 debate of con-
siderable length and great interest," which we arc com
PEELED TO leave untouched today, and leave was gwen
to bring in the bill
Mr.. Hoy again introduced the subject ofTexas, by
moving for copies Of all correspondence between the
governments OF Mexico and Great Britain and be-
tween those of Great Britain and the United States,
from the 1t Of March 1886 having reference thereto.
We give snort extract from his speech, to show its
general tenor.
with references to that province subject Of too
great importance TO be overlooked by the British
House of Commons. He believed the American
Union 10 be actuatd by desire of encreachng upon
the domnions ofadloinng powers IN southern drec-
ton The interest of the British colonies situated in
the Caribbean Sea- might become seriously affected in
the event of these encroachments beng made and
he for one never could consent to the United States
extending their boundary so as 20 occupy Texas and
ultimately perhaps, TO gain POSSESSION oil mexco-
Under circumstances could he give MS sanction TO
this occuption
The Americans had said that Cuba was so import
ant an island that no European nation, except spain,
should be permitted TO take possession of u. lie (Mr
II. HoyO would say, the other hand that the
province of Texas was province important by Its
position TO the commerce and naval power OF this
country, as well as TO the independence Of Mexico,
that upon condition whatever should he allow 1t TO
come into the possession Of any American power