The Liverpool Standard and General Commercial Advertiser. — 1842-03-18 (Liverpool, Merseyside, England)

ARES FORFEITED. and the remain  do' at Go per cent discount ! " With respect to tl  difficulty alleged her  great extent, i  existence ; and the  rnlpativ may tl  the tmre  ting efforts of the partisans of the Leed  s and Manches  ter compar  'or that circurnstancc  With respect  however, to the " gigantic works  in question, they exist only in the imagination of the worthy gentlemen who have put forward this statement. There is no doubt now of their perfect facility of execution. It is not true either that the capital of the company is " exhausted," for on the authority of a counter statement put forward by the . secretary of the Sheffield and Manchester Railway, we find that £l7 10s. per share remains yet to be called up, besides considerable arrears which are now in course of payment, and a sum of £233,000 authorised by the act to be borrowed ; and so far from its being true that " more than half their shares are forfeited," the number so forfeited does not exceed 900 shares, out of a total number of 7,000, or not one-seventh !  The hotheaded and arbitrary tone, however, adopted at the meeting on Wednesday, by that very indiscreet gentleman; Mr. Gill, in opposition to the very reasonable propostion of the Liverpool directors, to refer the question in dispute to the decision of the members for the county, the Chancellor of the Duchy, or the Board of Trade, must convince any impartial men that the Leeds Company dare not meet the question fairly upon its merits, or that, 'at all events, they would prefer to trust to the effect of the delusions which they may be enabled, by pamphleteering and other similar means, to raise in the mind of the public, or of parliament. On this head, however, we have no fear. The perverted statements of interested men may for a moment mislead public opinion (as, in this case, the statements of the Leeds and Manchester gentlemen did at one time create a feeling prejudicial to the character for honour and straightforward dealing of the Liverpool and Manchester Board) ; but the truth will ultimately ever prevail, and we appeal confidently to the report and to the proceedings of the meeting on Wednesday, for the most complete vindication of the propriety of the course pursued upon this question by our fellow-townsmen, and of the perfect integrity and attention to the interests of their shareholders and the public, by which they have been actuated throughout. Our last publication contained a report of the committal, upon a charge of murder, of two men accused of having caused the death of a boy, in a place of amusement frequented by the juvenile classes of our fellow-townsmen. With respect to the unhappy individuals themselves, we have not a word to say. Their crime will be dealt with by a jury of their country. But with respect to those resorts of the young, which, under the character of penny and twopenny theatres, have sprung up recently in almost every quat•ter of the town, we must be permitted to address a few words of remonstrance to the authorities, who, we presume, possess the power. of taking measures for their suppression. There can, we think, be no question with respect to the injurious effects upon public morality of the places in question. The facts, indeed, which transpired in the hearing, before the sitting magistrate, of the case to which we allude, prove sufficiently the character of the assemblages by which they are frequented. There is scarcely a district in the town in which some place of a similar description is not now open; and we really cannot but think that it is the duty of the police to watch them with a jealous eye, if they even do not at once interfere to put them down. We are not aware that they possess this power. -We are certain, however, that they ought to possess it; and that it ought, for the sake of the public order and morals, to be rigidly enforced.  LOCAL NEWS  Tara SALFORD HUNDRED CIVIL Business AT TAE Assizes.—lt what we have heard be true, it would seem, that, after all, there is to be no removal of the assize business of the Salford Hundred to Manchester. It is now said that the arrangement most likely to be made as to the Salford Hundred business is, either that it shall be fixed to commence at Liverpool on a certain (lay, or that it shall be invariably taken first.—Manchester Guardian. ST.