The Economist 1853-05-07: Vol 11 Iss 506 - Wikimedia ...

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Bankers’ Gazette, and Railway Monitor;

A POLITICAL, LITERARY, AND GENERAL NEWSPAPER.

Vol. XT. SATURDAY, MAY 7, 1853. SO nner

CONTENT &.

THE ECONOMIST All Points of the Compass. —The Coun- ComRESPO®DENCE :— try a the Income Tax «+... 50! .

Undue and Iilicit Influences «.......0. 501 | Imperial Parllament.......0.++-ssecseeeeee 508 The Imperial Pamphieteer ...-.0000-+.... 502 | News or — Ween :— eg Tables a pee se goat ove reeeee: = e Registrar-General ccenes en cenecersessecss +++ eeneee OUT ProBper ity .0- -ce serene ras cenens sarceeeee 593 PLOVINCES -00 .00 ver egecenere eve cos coe sceene ees 512

The Seizure Of ATMS .ccrccserssesssesenceces 54 Treland...srsece a-00e 00s serene 512 Workmen and MASters..orescereseseerssere 504 and COMONIAL .... ... 00 seccenssenee 512

AGRICULTURE :— on Commercial and Miscellaneous ......... 512 Season. — Agricultural Prospects Lrreratore:—

a Moen Root oe conser csovee SOU The British seseee 513

_ eet eee ee cesoscosenes

PPREED cc cccccccccteoconcccccsconscocscedsceoecs 508 Books Received 200 cen cee cee coe ceesecoesees 514

THE BANKERS’ GAZETTE AND COMMERTIAL TIMES.

Bank Returns and Money Market .,. 514 | Lowpow Margets :— Bankers’ Price Current. .....s0..0000e0 516} State of Corn Trade for the Week 518 AMRD ..c .20000 cas <n conensensenguapensensesoeccent 516 & Markets 519

Weekly Corn essccnctossteserecece 516; Additional Notices... .<..cscees-recerseeee 549

Commercial 516 | Gazette 808 8 OOe OOF Oe ert OEE See 620

Imports and EXQOrts s.ccsscsscrsannce ew 521

OPE OFS OREEE OFe ORE TEE ORE FO* COE REO ERE ORE OOO 517 Price SOF FOR OO OOE FO OOF OOF SESE EREET OR 522 Cotton Markets of Manufacturing Districts ... 518 | Trade and Navigation cocoveres B24

THE RAILWAY MONITOR,

Railway and Mining Share Market ... 521 | Share List and Traffic Returns 4.0... 523

Che Political Economist.

ALL POINTS OF THE COMPASS.—THE COUNTRY PARTY AND THE INCOME TAX.

Nornre that was done by Lord Derby’s Government appeared so disinterested, especially when taken in relation to the party in Parliament and in the country whose interests they professed especially to re t, as their propusal in relation to the income tax. The mination in favour of trades and professions populariy contended for, was clearly a concession demanded by the Government from the owners of land and other real property. Mr Disraeli made, and his whole party accepted, a to charge land with sevenpence in the pound, and trades and prcfessions at three-fourths of that eae ee Sapees farthing; the mode of ch in every way remaining e 'y as before. For this proposal Mr Palmer, the member for Berkshire, and the other repre- sentatives of the country party all voted

ee ee ene tie Le tee eee, ae out of doors with him, that a discrimination was not only

SSF tay re cae wa ga erase w ve more ‘present e which bak boos oinel es After th the popular notion of discrimination by the country party, whose interest was directly against such a course, it | have was no doubt a bold step for Mr his stand in favour of the uniform rate as it bas hitherto been levied. And one of his chief ts in favour of such a course was, that already by the present law, though land pays nominally the same, yet really it pays a much higher rate, inasmuch as the tax is computed on the gross rental, and not on the net receipt of income which the landlord enjoys. In short, Mr Glad- stone showed that at present land pays equal to nénepence, while other net incomes pay sevenpence.

Well, but the country party was not disposed to permit so favourable a chance of opposition to the Government to pass un- improved. Accordingly, Sir Edward Bulwer Lytton, on behaif of the country party, proposed as an amendment to the income tax resolution, that “the continuance of the income tax for seven years, and its extension to classes wth r is ; th . ‘

Of ite asemment, are alike wut and ‘mpolitic.” ‘This amendment fairly raised before the House the two rival propositions :— Mr Disraeli's discriminating scale and Mr Gladstone's uniform

| 8cale—Mr Disraeli’s sevenpence on land and fivepence farthing

or trades and professions, and Mr Gladstone’s equal sevenpence all round. The House of Commons decided in favour of the latter by a majority of seventy-one on Monday night; but Mr a wan a for Berks, tn . ie nia is or sraeli’s sevenpence on land, and jfivepence farthing on trades and professions.

Well, we have heard of persons blowing hot and cold at the same time. Bat surely no one could have expected snch an ex- a of that operation as has been shown by Mr Palmer and his political friends between Monday and Thursday. For what has that gentleman done? After voting.on Monday night for seven-

on land oe gray, lie ga acon ions, he astens to the House on Thursday, and places a notice on the books, notin conformity with his vote of Monday placing land at a disadvantage—not in conformity with Mr Gladstone’s plan of placing all on an equal footing; but, reversing his position x Monday, he asks the House to a anaes oe essions at sevenpence, and to put wn to

farthing. Such is the effect Mr Palmer’s amendment, The words are that the income tax shall be charged on “ the annual value of any lands, tenements, or hereditaments, being the net annual value thereof, after due allowance for repairs, insurance, and management.” Oneof the co ve elements between the incomes from real property, and derived from trades and

rofessions, has always been, that whereas the former has m collected at the source according to the rent. paid

by the occupier, and therefore without deduction for repairs and management, and the latter has been returned as the net income of the tax-payer, a certain principle of self-adjustment has thus existed between the different sources of incomes. On this Mr Gladstone relied in some degree for maia- taining the present equal rate of tax. But Mr Disraeli and his friends evidently thought that not enough, for leaving that character of the tax exactly as it had been, they nevertheless voted that land should be sevenpence, and trade and professions fivepence farthing. Now, retaining trade and professions at sevenpence, they will vote virtually that land shal! be reduced to _jfive- ence ; So much for the consistency of the country party:—so much

for the sincerity of their professions in favour of casual and temporary incomes :—so much for the parts of Mr Disraeli’s Budget that we have always admitted wore so disinterested an aspect.

UNDUE AND ILLICIT INFLUENCES. Tue “ massacre of the innocents” continues. The Election Com- mittees are still

more than the senators themselves ; an amount of corrupt practices have been brought to light which fs sufficiently astounding and disgraceful ; and it is justly enough inferred that the amoant still shrouded in darkness is greater still. From what has been + ara neti _ may ae oe what is SS ate Few

upon the ejected mem as peculiarly guilty ; they have merely been the most unlucky of those mixed u with system ont of which scarcely any escape with clean hands; and they retire into private life, unfortunate indeed, but for the most part un- damaged in prospects or in ;

Simultaneously with the ordinary election disclosures, we have had the Derby, the Chatham, and the “ Stafford” cases—on the individual features of which we do not desire to make any comment here. All combined prove beyond a doubt the enormous amount of corrupt and undue influence which was brought to bear upon the last election—far ter and more eye we hope and believe, than for many previous years ;—

t still rather displaying the rule than forming the exception—

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" from amon illegi which prevail at elections, and which vitiate tae constitution of the House of Commons. We have assuredly no wish to say one word to extenuate the

ia force of this conclusion. We have more than once, in language by blamed, expressed our detestation both

se. of the buying and the selling of the conscience of a voter. We still eem the prevalence of such practices a grievous stain—though, we trust, rather a local than a national one. In this t we are far below our neighbours—ill as they understand and unsuccessfully as they have worked representative institutions. French electors even of the lowest class are, with rare exceptions, inaccessible to bribery. They are ignorant, they are excitable, they are gullible, but they are not corrupt. A specious and insinuating talker may cajole a French peasant into voting for a worthless rascal; a demagogue or a journalist may persuade him into supporting an enemy to society, to property, and to peace ; a priest may bully or preach him into casting down his liberty at the foot of some mere nominee of the altar or the throne ;—but no man dare insult him by offering him money to vote —. his conscience. He can be lead—and often lead astray—but he can not be bought. In these points their feelings are far more correct than ours.

Still we confess that we look with some uneasiness at the strength and determination with which public feeling seems to be setting against electoral corruption ;—and we should regard it with still more uneasiness were it not for the assurance that next session the whole subject of Parliamentary, reform—of which this

4 forms only one branch—is to be taken up in earnest. It is true a that in England we can never see more than one evil, or make

head against more than one enemy, at atime. It is true that, in order to get good things done or ill things crushed, we must be content to take them in succession,—and to take them when ublic sentiment has been accidentally turned in their direction. ut two points in the present matter require consideration—and

at least acautious pause. The firstis this :—Bribery is very bad, Fs —but it is only one of several bad influences which corrupt elec- 7 toral returns: it is in some measure an antagonist to others ; it is i. by no means certain that it is the lowest, the most fatal, or the i most corrupting; and if it be destroyed, and no other purifying { or protecting steps be taken, it is by no means certain that we shall

ia) have mended matters by our interference. We shall have removed the influenced of the purse, which—bad as it is—is some-

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times placed in good hands and wielded in a good cause,—and we shall have left rampant, triumphant, and unchecked, the influence of the landlord who can coerce by a threat of ejection from the farm,—the influence of the attorney who has a thousand ways (most formidable to the ignorant and poor) of compelling compliance with his wishes,—the influence of the employer who can menace the nnmangeable voter with loss of work and wages,— the influence of the demagogue who can corrupt a constituency wholesale by an appeal to their lowest passions and their meanest interests,—the influence of the local jobber who gains them by a

; promise to think, not of the well-being of the empire but, of the . prosperity of “‘ Sunderland” alone,—and the influence of the

customer, whether elector or non-elector, who bullies, and perhaps ruins, by the weapon of “ exclusive dealing.” A politician of the last generation used to say that “the cus-

“ tom of bri was among the greatest proofs and instances of “ our individual liberties—that having to purchase a man’s vote “ showed that you could not take it.” Now without going so far as this, and not wishing to settle questions of degree ot prece- dence between rival iniquities, we think it can scarcely be denied that more wrong is done, more damage inflicted, by intimidation than by bribery; that a man who allows himself to be bullied or coerced into voting against his conscience is lower in the scale of degradation than a man who does the same thing for an adequate “ consideration ;” and that a man who offers a poor elector a price ror his support which is agreed upon between them, shows at least

| a greater sense of justice and decency—imperfect and mutilated ‘ enough, God knows—than a man who compels him to yield his § support for nothing. The one bargains: the other robs. Nearly

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the same thing may be said of all the other corrupt and illicit influences : they are all degrading to the constituent who submits to them, and all sinful in the partisan who exercises them ; but the more they partake of the character of unjust, insolent, and cruel pressure, and the less they bear the character of contract, the more outrageous and wicked do they seem. These considerations should be duly weighed. The present indignation against bribery is true and righteous :—what we deprecate is exclusive in-

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uence. a The second tis this. We-cannot acquiesce in the justice

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of disfranchising or ee writs from places in which , bribery has been proved. This is military execution—not justice.

For, not to reiterate what we have urged above—that these are by no means alwaysnor uecessarily the chief of

502 THE ECONOMIST. {May 7, rather an indication of what takes in a milder and more sinners, ts i Sitorioes that the corsapiion is qaluraity coniesd modest form at évery general than a monstrous, un- | to a certain class of electors. A handred or a and fifty, exampled, and ebuilition. The result of all this eitaer old freemen, or vauriens of various are quite

sufficient to give a character of general constituency ; and the sound part of the community is punished for the sins of these men who are its reproach and its detestation. oores a —Je fe wen aes the ry a oe

ts clear duty, eftance of most urgent repea repre- an from the want of moral in its

in endowing with the em misuse it and prostitute it, as it was prophesied they w —the respectable inhabitants are not only discredited and scandalised, but are threatened with a withdrawal of their political privileges. In spite of their protestations they are saddled with associates, and then punished for having them. This will never do. We must adopt a more discriminating system. We must disfranchise, not corrupt boroughs—but corrupt electors. The strictest investigation should follow any suc- cessful petition ;—tribunals on the spot should inquire into each case, and every elector who can be convicted of having received a bribe should simply and for ever lose the vote he has abused. In this way only can corruption be first checked, and then rendered discreditable; in this way only can the innocent be spared and the guilty punished; in this way, and in this way only, can constituencies be purified, by the gradual and merited elimination of the corruptible element within them.

THE IMPERIAL PAMPHLETEER. A somewnart remarkable brochure has just issued from the French press. Its title is “ Du — de l’autorité.” It is stamped with the public seal, with the figure of Justice and the words “ Timbre national ;” it is sold in the principal shops, and is understood to be the production of the Emperor himself. It was given to us as such by a bookseller in Paris, and it bears, we think, many indications of genuineness. Its style is terse, dignified, and calm, and it is almost entirely free from the inflation, decla- mation, and violence which distinguish the writings of most party journalists and pamphleteers ia France.

It is remarkable in more than one point of view. It is singular to see a man in the position of the French Emperor—still more a man whohas achieved his position as Louis Napoleon has done— condescending to appeal to the reasonable judgment of his sub- jects, and to expound the ideas which govern his proceedings, and the considerations which he conceives to prove that his is the fittest and the only fit Government for France. It is remarkable as showing a certain serious bond@ fide fanaticism, and is written in a tone which impresses the reader with the conviction that, however selfish may be his conduct, and however regardless of the rights of others may have been the means by which he grasped his power, he is still in earnest in believing himself the one need and the one love of France. “‘ Cet homme ira loin (as some one said of Robespierre): he believes every word he says.”

The pamphlet is remarkable, too, for the tone of respect and dignified forbearance in which it speaks of both the fallen dy- nasties. Not only is there not a word of contempt or animosity towards either the House of Bourbon or the House of Orleans, but there is a studious air of calm and measured politeness and almost of deference. The writer begins by developing his main idea—— viz., that France requires above all things the assertion of the principle of legitimate authority, and the concentration of that authority in hands strong enough to wield it, and resolute enough to enforce it in all cases and at all hazards. He affirms that power is the best guarantee of freedom, and that there can be no security for the personal liberties of the citizen if he be too jealous of his rulers to allow them sufficient authority to compress the wild elements of society, and to curb and crush the bad ones. He then explains that the old régime and the Government of Louis Philippe fell because they were at once too weak to con- trol tarbulence, to resist innovation, or to enforce reform. Na- poleon, he says, fell not because Frarce hac deserted him, but because he would not make peace on terms which would have left unal- tered the frontiers of France—not because Europe was banded together to restore the Bourbons, but because she insisted on a guarantee against perpetual wars, and imagined that it could obtain that guarantee only by a restoration of the legitimate sovereigns. He then proceeds to assert that neither the elder nor the

younger branch of the ancient dynasty can give France what she needs, or can return to the throne without exciting the natural fears and antagonism of one or other important part of the nation. The elder branch is inadmissible, because on the one hand it has suffered too much from the revolutionary spirit of 1789, not to be too much on its guard against it, and too fearful of and hostile to even what was good in that great convulsion ; and because, on the other hand, all those parties, interests, and ideas in France, who look upon that era as the glorious one in their history, and who are sincerely attached to the reforms which were then inaugurated and the liberties which were then won, will always suspect the Bourbons of ulterior desigus and retrograde intentions ;—and to have a,suspected Prince upon the throne would be neither permanent, peaceful, nor safe. The younger: branch of the Royal house is disqualified by the fact

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“f Imperial dynasty alone remuins—the sole possibility for France. No one can suspect i of an alliance with the abuses or a disposition to return to the injustices of the ancien régime :—no one can accuse it of the culpable weakness towards popular demands and the deplorable irresolution in the face of popular violence which brought the House of Orleans to the ground. Rich in historical glo rich in the affections of the people, strong alike as the supporter of equal justice and the stern represser of turbulence and crime, it alone can make and ensure the happiness of France. “It represents the Revolution in all that it has of “* good, of prolific, of enduring ; and restrains and represses it in “ all that is evil, mischievous, and mistaken.”

Such is this simple production, which well deserves to be read by all who desire really to understand the character of this extraordinary and anomalous man. Its reasoning will not indeed convince the friends of freedom, but we can quite believe that it may have convinced himself.

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TRADE TABLES. Tue Board of Trade Returns for the third month of the year continue eminently satisfactory. The imports and the consumption of all the great articles in daily use, whether for food, for enjoy- ment, or for manufacture, and the exports of all the products of our ewes with slight exceptions, continue to increase in almost a wonderful mapner. We will place a few examples of our im- : ports and our exports before. our readers :—

MPORTS. In the month April 5. Inthe 3 months April 5.

Articles. 1852. —? 1853. 1852: — ness. GBD eansesose cee cercnsece Os 1,255 oe eee 1,556 oe 08 4,045 ceceee 4,169

BROOD 000.000 002 cc0cceses coe cesece 4,659 ecrce WO, 14D revece 19,940 scores 27,805 COCR sevsesererersereeeseelb6 135,907 sveree 263,525 serves 779,747 sree 851,840 COMO rerenrsereeneeserersevere 205,267 severe 2,398,806 sooner 2,193,088 eee 4,938,908 Wheat cosseceseoessssesseeGt8 TB7,059 ceviee 2HGA7T severe 429,587 evece 864.803 PUGS cccsecsesceseeseecesOWtS 3B4,793 severe 762,206 ceece 699,614 reccce 1,328,797 FIRK scoserscescorsencenengeccsa DENTS corre 44,116 seems 102,892 rece 174,838

Meeeoccengeemes' SENN oc . AEAED come VOTO cdes. vOGINS HIG seeseorsesenssesereeel 08 155.320 severe 634,997 severe 599,726 seven 957,418 PORAtOGS sevvvncee'sosen@Wt8 — 49,759 severe “LST:3S severe 138,514 seveee 436,276 QUICKSVET.cccsvccereeveelDG vee ——nsnsne GBBNIS see ce sve a SUK sersevsvseee essence see-osene 506,739 sense BO9NBE seve 1,995,918 cronee 2,691,298 Sugar, unrefined....CWtS 373,690 sue. 607,795 severe L145,517 soorse 1,264,962 TOR sevssesverscereserereseeIDS 4,945,941 serves 8,608,236 seovee 22,558,929 seveve 23,680,102 Tobacco, unmantfacie. o 778,306 seoree G5B,5B4 ..oaee 2,541,011 soos 3,318,091 — — Manafactared.c, 120.774 sess BUG658 eves 428,412 svevee 751,475

WimeeesssereeseevervesseeGQl® 271,095 serves 862,825 seevve 855.251 sevene 1,529,772 WOO], COLTON crceeccceeCWES 423,090 ..c.00 1,125,696 ..ee0e 1,457,28! 000 2,328,312 — sheep and lambs, Ibs 1,608,155 soe. 4,161,745 sovsee 6.784.452 seveve 10,449,63: ‘These are specimeus of the increase of our imports, and where-

ever the consumption of the article is known from its being subject to duty, it has kept pace fully with importation. There is one remarkable exception which deserves especial notice, because it shows how easily and how much commerce is and may be de- ranged by changes in fiscal regulations. There is an increase in the quantity of tea imported, both in the month and in the three months; bat because there was an expectation that the duty would be reduced, the quantity taken into consumption in the month is 1,605,720 lbs less, and in the three months 2,551,557

|| lbs less, than in the corresponding periods of lastyear. That is a <a illustration of the important truth, that Government never does meddle with commerce but to derange it, and that even in relieving it may injure trade.

The few articles of which the importation has declined—such as oats and beans, cochineal, madder, currants, orasges, guano, some species of provisions, and seeds—are of comparative unim- portance, and the decline is generally to be accounted for by the supply being short at the place of prodaction. All the raw materials of our manufactures—hides, cotton, wool, silk—and all the great articles of our consumption—wheat and flour, sugar and coffee, and wines—are greatly increased in quantity, and plainly inform us that, as long as we can make what other people want, we shall never want what they can make or can produce.

It is a part of our increasing transit trade that our exports of foreign and colonial merchandise—such as coffee, flour, glass, gloves, cotton, &c.—have also increased in the month and in the three months, though some articles—such as hides and wool— for which the home market is better than the foreign, have fallen off. But the increase in the exports of our manufactures and produce is remarkable. The following are specimens :—

ExPorts—Declared Value. In the month ending Apri! 5. Iathe 3 months ending April 5.

1852, 1853, 1852. 1853. Articles. 2 £ £

| Cottons entersd Oy the fard we S00ERS9 oe?.2t0'198 ic BABA ERG ce 68a | Lenco a patent ngtaeereenses 46019 ice” 96196 ceesvee 198,478 cove 144-109 | Wroughtleather, not plowes wv. 36,972 seve 100,261 soeseveee 83,747 soos 257,073 BAM AETY. crrcosococscsonssccoicsnscs 12,919 ccccce 23,845 ncccccore 84,707 scosce 63,210

326 | Linen, enered by yard sco BEB cnseve S6OjO14 voceeeeee 974,429 soevee 1,035,967 aise mvndotttnesactins -AARBIE occa: 1ORAIS ecceree no, S00SEE ce 281,805

Tritt, DATs h.0c0 coce-cevccescscosce 266,962 scoces’ 506,670 sco rce cee 568,655 scores 1,104,981 oe WORMS sccictuch cosets ecko DABID cows 925,654 cecccoves 302,842 ..0000 508,275 WAAR, BC, ecesececsesesecesses 2j3TB erecee 90,233 vevveesee 120,583 scoove 248,509 . TOWD) 22 100 + 88 a8 Cee res eee 1 90 ceveee 37, 9b ncoccccce 25,478 seneee 72,895

Colas, Vices ssc. wee B29B34 ccovee GOE,87B roo-nreee 1,319,523 s.os0o 1,551, '97 j | yeds liaibettiians 238,643 eeeeee 292,428 eee rer eee 677,867 eonere $05,180

“THE ECONOMIST. | 503 | These are specimens of the increase which extends over almost ‘|

every branch of ou: manufactures, giving the following ALS,

1852, 1853 ‘Te52. = £

DOtiscrcenasesraiecequeen 6.400,415 wone 7,981,933 ccoressee 16,575,748 sevsee 20,991,723 In the month, therefore, there is an increase of no less than

1 ,486,8182, and in the three months of no less than $,815,9752. A more rapid and a continued extension of trade is not on record, except it be found in the United States; and it cannot fail to. have a beneficial effect in stimulating all the nations of the world to cultivate the arts of peace and release industry from fetters.

It may be noticed of the shipping, that vessels which have been long abroad are beginning to find their way home, The entries inwards for the month amounts to 548,531 tons, against 406,784 tons in the ae moath of last year, and of this increase no less than 104,126 is British tonnage. There is a decrease in the month and iu the three months of tonnage cleared outwards, as against the tounage cleared outwards in the corresponding periods of last year; bat, taking the totals, the clearings inwards and outwards together amount in the three months to no less than 283,288 tons more than in the same period of 1852, which represents the greater quantity of goods carried in and out in the three months of 1853 than in the three months of 1852. The increased number of ships was 645, giving aa average of 440 tons to each. That statement implies that a large fleet has been added to the mercantile marine of the world, chiefly British ships, and employed by our trade since the beginning of 1853. And at all our shipbuilding ports, and at all the shipbuilding ports of our colonies, and of the United States, and of the North of Europe, men are going on to build more and more ships, heralding a time whenthe whole ocean shall be peopled, as it were, almost like the land.

THE REGISTRAR-GENERAL’S TESTIMONY TO OUR PROSPERITY.

Tue Quarterly Return of the Registrar-General informs us that the marriages in England and Wales, in the last quarter of 1852 and in the whole year, greatly exceeded in numbers those of any previous return. e number of marriages in the quarter was 47,208, being 1,740 more than in any previous last quarter of a year since the commencement of the retarns, and the next highest quarter was that of 1851,—the number at the beginning of the series being 11,107 less than the number at the end of the series. The number of marriages in the whole year 1852 is 4,699 in excess of those of 1851, which were again higher than the number in any preceding year.

94,416 persons (says the Registrar-G-nera)) were married in the last quarter of the year 1852, the three months after harvest, the Christmas quarter, in which, according to the customs of England, the greatest number of weddings are celebrated. This number however, exceeds the numbers in the corresponding quarter of any previous year; aud if the whole year is taken, it shows a proportional excess. There were 158,439 marriages in the year 1852, 153,740 in 1851, and, only ten years ago, 118,825 in the year 1842. The marriages in the five years 1838-42 were 605,219, in the five years 1948-52 they were 745,030, The marriages in Eoglaud from 1843 to 1852 were at such a rate that 1 in 60 people married annually; the proportion in 1852 was 1 in 57; while in the last quarter of the year 1852 it was 1 in 48. The increase is greatest in London, where 7,101 marriages took place in the last quarter of 1852.

The increase of families, says the Registrar-General, corfirm- ing other accounts, implies that the condition of the great body of the people is prosperous. Of course every marriage implies with the habits of our people some provision for a family, and, as the rule, is not contracted without some previous saving and accumulation of capital, however small. Every increase in the number of marriages implies an increase in the capital of the nation ; and the Registrar-General’s return, therefore, confirms the fact which has been repeatedly stated, that the saving of capital last year was throughout the community very great. In the long run it is quite impossible to disconnect prosperity with the increase of the people. If it were at any time true that as ‘“* wealth increases” ‘* men decay,” it is not so now; andit is from the continual increase of men that we have the best and most satisfactory proof of the increase of wealth. If the population declined, notwithstanding a temporary increase of marriages, the condition of society would be disastrous, and the number of marriages must soon decline; but the condition of our society is an increasing number of marriages, an increasing number of people, and an increase of wealth.

161,598 births (says the Registrar) were in the quarter ending March 31, 1853. The number is slightly less than the number registered ia the corresponding quarter of the year 1852, but in excess of the number registered in the winters of any previous years. The greatest number of births is registered generally in the spring, but in 1852 it happened exceptionally that the births in the winter exceeded the births in the spring quarter. The annual proportion of births since 1843 has beeu 1 in 30; in the winter quarter the average rate is 1 in 29; in the winter quarter of the present year it bas been 1 in 28. He adds, as the births registered in the winter quarter were 161,598, and the deaths 119,241, the national increase of which we have av account is 43,359.

That is the excess of births over deaths in the quarter ; but as the rate of mortality has been very high in the quarter, as the weekly bills have shown, the increase of population is not so great by 12,000 as in the corresponding quarter of 1852. Emigration, too, continues, and in the quarter 57,729 persons left the ports of the United Kingdom at which there are Government emigration |

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‘agents. What number of these were Irish is not known; but there is no reason, we presume, to suppose that the number of emigrants

ualled the excess of births over deaths. At the same time, the addition to the population S of infants, the bulk of the

ate, and be the means of rapidly pro-- and farther improvements.

mage aie santahadehaemges tame tes weey-temeaen that ges have n very influential. He says :—“ 118,241 deaths have been registered in the first “ three months of the present year, a number exceeding by 11,599 “ the deaths in the winter quarter of 1852, and by still more the “ deaths in any previous ter, except the winters of 1847 and “ 1848, when influenza and cholera ed. The annual mer- “ ¢ality in England has, within the 10 years, been at the rate “ of 2-252 cent. ; on an average of the 10 winter quarters the «wate has been 2°467 per cent. ; in the winter of the present year “2-620 per cent. The annual rate of mortality was raised in “ both the tewn and the country; in 117 districts, comprising “ the chief towns, from 2°759 to 2°888 per cent.; in 507 country “ and small town districts, from 2°246 to 2°397 per cent. The “ excess of mortality has been general, but it has been test “ in the South-Western Division (V.) in the Division (VL.) on the

La

THE SEIZURE OF ARMS. Tuoven the opinion still prevails in some quarters that in all probability there was some connection between the foreign refu- gees and the warlike stores which have been seized at Rotherhithe,

it does not seem likely that this connection can be made out any satisfactory or creditable evidence. Perhaps this result of affair is the mos: desirable that could have occurred. We

have shown to those exiles who have found shelter on our shores, that we are vigilant and resolute ; that we shall tolerate no attempt to make England « centre of warlike action or open con-

Fone against the peace of Europe; and that if they remain, y must remain inactive, and be satisfied with being in safety.

We are acting as their truest and best friends in doing this. e are saving them from efforts—from ruining their own cause—from damaging their eee ee alienatia those sympathies in w strength, an adie ten dae peeenh sonal Ha thels enit canecindion At the same time we have shown to our allies the sincerity

our and the watchfulness of our Government; we have proved signally and indisputably our resolution to be loyal te our to them, and faithful to our duties to our own order and external peace. ye should be sorry to go beyond this. We shall be glad if it shall prove that M. Kos- suth cannot be legally connected with the Rotherhithe manufactory. It would have been painful and revolting to every Englishman had we been compelled to make ourselves as it were the policemen and executioners of Austria, and to have punished a man whose cause at least is good if his conduct has been injudicious and indefen- sible, in compliance with the undeniable claims of an ally whose conduct has entirely struck her out from the pale of our regard, and for whose recent and actual proceedings no language of condemnation and loathing can be too severe. Whatever repressive eourse we may be compelled to hold towards the exiles and vic- mex Austria, whether Italian or Hungarian, should be charac-

by grave reluctance; so as to leave no doubt that we act in obedience only to our own sense of what is just and right, and g0 question as to the side on which our natural sympathies are

WORKMEN AND MASTERS. Tuwere has been much less legislation of late than formerly to regulate the relations between employers and wor or Sm measures connected with the subject occupied the mons on Wednesday. Halford moved the second reading of the Payment of Wages , which aims at enforcing the payment of to the -loom weavers in coin, without stocking any deduction for the hire of the frame borrow to work with. The other measure was one to define and ise combination on the part of the workmen, as other classes may combine or unite

n they kind of legislation was frequent and considered a

course, it was directed against the workmen. Its main was to keep them in subordination and keep them depend- ao circumstances, the law was in this respect emi-

nny succes an, ozording to the common complaints, the degradation of the working classes became complete. The

them and their employers was equally complete. between them was at anend. Noclasses have a closer

F

THE ECONOMIST.

Ce -

or enslaved, however, as men may be, they cannot be eprived of power. No art has yet been v to render

the master, however absolute, wholly independent of the slave. As long as they exist together, their fate is mutually interwoven. They are not and cannot be even independent of each other's good opinion. Of that general fact, the inevitable résult of society, the continued or even the ing influence of the hum- blest classes amongst ourselves isa part. Their power makes itself continually felt, and, latterly, the tendency of all legislation between employers and workmen has been to impose restrictions on the employers. It is concluded, apparently, that the way to correct the restrictive laws formerly made workmen is now to make some similar laws for the noes x the workmen, who felt, perhaps, every day of their lives fhe restrictions or the penalties of legislation for behoof of the employers, the suggestion naturally arose to ask protection from the power the heavy hand of which they felt. In other men the suggestion arises not so readily, nor does it appear wise to continue and extend, though in a different direction, the system which has contributed to perpetuate strife, where thereshould be only peace and concord. It is easier, however, to run ina track than make a new road; and so country gentlemen, peers, and others, who have felt the power of the ae multitude and sympathised with their sufferings, have la » by factories acts, and truck acts, and payment of wages acts, ‘and similar Acts, to redress the perverted political relations which slavery introduced, and which legislation has contributed to perpetuate between the head and

hand, the eyes and the feet, of combined industry. legislation ought not to interfere with industry, of which

can know very littl tinually shooting out in directions, .each new extraordinary

rently more beneficial than the preceding..ones—is now an axiom of statesmanship. But practice halts lamely after enlightened theory, and the fact that legislation has already interfered with industry, though admitted to be an error, is alleged as a justifica- tion for further interference. least attention to what is really going on in society—the ne which are continually called into existence requiring new s of workmen—the new wealth which is continually crea classes, altering all the —ought to convin ceptical of the truth of the axiom, aud the propriety of unswervingly obeying it. Never before, perhaps, were the relations between employers and workmen undergoing more rapid and more beneficial changes. The real source, it cannot be any longer doubted or denied, of |

the of one class to another is intelligence ; and at present the , contrary to the old practice of ising and accumulating it in one or two classes, is to diffuse it pretty equally over every class. A little extension of industrial freedom

on enlargi “ys ‘by da . ean opened : y , Ae. or ane leadto i

be a few years-ago was tetd to ee pp eed per Pree yee ms ey pa

demand ; wages of all kinds are rising; and there is now muc more reason to apprehend, in relation to the demands of

a scarcity than a redundancy of labour. Never, there fore, was there a time when should more cautious! abstain from interfering with when it should more carefully eschew placing restrictions on th capitalist about to be exposed to perfectly new and untried cir-

ces. Sir Harry Halford, however, Mr Packe, the Marquis of

Granby, Lord John Manners, and the gentlemen who attribute all the modern changes in the condition of society to legislation, instead of regarding the most t part of as |; forced on statesmen by the condition of society, imagine they can || do more effectual to improve the condition/of the stocking weavers of the midland counties than can be eff¢ted by e on raising up new markets, and by art

at a less cost. Overlooking all that is now portant in our social changes, they would make a law the capitalists of the midland counties cease from e

xposed ee. which at some time or other prevailed in them all,

more y im. CON pel

sting rent

asi Aap

a ’

? ® ;

' $

_ prejudices o past rather than to the present and the future, and parese more

f i :

true ; but it was the consequence of other circumstances, and has now ee or is passingaway. The causes of that distress were rightly explained. by Mr Biggs. We have lost, to a great degree, the foreigu market stockings, and Saxony has super-

fifteen years ago we knew of merchants buying Saxon stockings for exportation because they were cheaper than English stockings. To meet that competition, it became indispensable to manufactare cheaper. The price of food was kept up, and the cost of manufacturing stockings enhanced. Skill came to the aid of the manufacturer, and helped to avert, though it could not an- nibilate, the consequences of dear food, restricted markets, and unprofitable exchange. The improved frame, as Mr Biggs explained, was invented, by which a strong boy or girl could turn out as much work as six men with the old frame. The demand for the services of stocking weavers was lessened, though they did not readily themselves to the new circumstances. They fell into distress like the hand-loom weavers, and like every other class of men who suffer from such changes. Their condition would have been much. worse had not the abolition of the Corn Laws lowered the cost of food and extended the foreign market. It is clear, however, that no legislation, except that which may further reduce cost and extend the markets, can improve their condition or alter for their advantage the relation between the supply of and the demand for their services. — for the better isin progress ; and, had the bill —_ the evils it was supposed adapted to remedy, would have disappeared before it could have been brought into operation. The Com- mons, therefore, wisely rejected it.

It Sir H. Halford and his friends had consulted the Board of Trade returns, would have found that the quantity of stockings in , 1853, was nearly double the quantity ex. ported in 1852, while the value was more than double. Ia the three months of the present year, both the quantity and value of the stockings exported are more than double those of 1852. Including haberdashery, in the three months of the present year oo in the declared value is more than 530,000/, as

ws :— DECLARED VALUE OF Exports.—Three months.

—_ ; —_

Cotton stockings: .......00-.+6+ 44,906 ... 101,331 Haberdashery and millinery... 439,853 920,943

484,759 1,022,274

That is evidence of trade extending and of workmen finding increased employment. If Sir H. Halford’s measure had been passed, it is very probable that the rapid improvement now in progress would hereafter have been ascribed to the law to enforce jas ment of wages without deducting the rent for the use of t .

As to. the Combination Bill, a difference of opinion exists between the judges concerning the existing law. Baron Rolfe has decided one way and Mr Justice Erle another, and Mr Dram- mond proposed a declaratory act to settle the difference. But his caeunen to settle it by making combination legal.

It is the foundation of all society. neither as individuals, hallowed, Ee ae wa, aoe couine caaitiodem

ust, ve war, May commit crimes proper- tionably is greta murder by an individual. Combination may be

legal, @ natural right, you may bestow the sanction of

rns teeta se vie ait Ss men to , if t t wages they wi wil work, what clothes they will wear, and

i

THE BUDGET DIVISION, UESTION “ That it is the an of this Committee, that towards the supply granted to Her Majesty, there shall be raised annually during the term hereinafter limi the several rates and daties following (that is to say):—For and in respect of the pro-

rty, in any s, tenements, or hereditaments, in the United ingdom, and for and in respect of every annuity, pension, or sti- om by Her Majesty or out of the - ic revenue of the

ni ingdom; and for and in respect of all interest of money, annuities, dividendy and shares of annuities payable to any person or persons, bodies politic or corporate, companies or societies, whether corporate or not corporate; and for and in respect.of the annual profits or gains arising or accruing to any person or persons whatever, resident in the United Kingdom, from any kind of property whatever, whether situate in the United Kingdom or elsewhere, or from any anfiuities, allowances, or stipends, or from any profession, trade, or vocation, whether the same shall be respectively exercised in the United Kingdom or elsewhere; and for and in respect of the annual profits or gains arising or aoenieg to any person or persons not resident within the United Kingdom from any property whatever in the United Kingdom, or from any trade, profession, or vocation exercised in the United Kingdom; for every 20s of thea n- nual value or amount thereof:—For two years from April 5, 1853, 74; and for two years from April 5, 1855, 6d; and for three years from April 5, 1857, 5d; and that on April 5, 1860, except as to the collection of monies then due, the said rates and duties shall cease and determine. And for and in respect of the occ on of such lands, tenements, or hereditaments (other than a dwelling-house ocoupied by a tenant distinet from a farm of laads), for every 20s of the annual value thereof, one moiety of each of the said sums of 7d, 6d, and 5d, for the above-named times tively.” Amend- ment proposed, to leave out the words “towards raising the supply

to Her Majesty, there shall be raised annually during the terms hereinafter limited, the several rates and duties following,” in order to insert the words, ‘‘ the continuance of the income tax for seven years, and its extension to classes heretofore exempt from its opera: without any mitigation of the inequalities of its assessment, are alike unjust and impolitic,” instead thereof. Question put, ‘‘ That the words proposed to be left out stand part of the proposed resolution.” Tne Committee divided: Ayes 323, Noes 252,

ANALYSIS OP THE DIVISION. Moajority—Tellers: imciuded 2.4.0... .ccsceececceeseereeseeses 325 Minority—Tellers included ...,....cccceccoseerseneeeseres cee 254 TTI: es cattintadeninheirenmensaneusememinusdieinetiounehaceneas 26 ME EEE encertccgeee, sovsdal cndeduatpsovsseveccsindecee 13 Absent Conse OD vvcdccsccctedscsevddee cevseocccosecsende 17 Chairman (Mr Bowverie) .....0..4.406s..seceeesesensese toes) 1

lb 66 050660505 00600 094050008080 - 086000060 seececseoecese » » 38

658 (From the Morning Chronicle.)

The division of Monday night is so complete a key to the state of ies, that it is important to examine its statistics with some accuracy.

n order fairly to estimate the declining influence of the Derbyite leaders over the ee and patriotic members of the party which so long adhered to them, the proper comparison to institate is between the relative force which they commanded on Mr Disraeli’s Budget on December 16, 1852, and oa Mr Gladstone’s on May 2, 1853, Tne first remark we have to make is that the proportion of members present was, with relation to the whole number of the house, exactly the same on both occasions. The two divisions stand thus, including pairs :—

For Mr Disraeli’s Budget. ........ccccceecegssseeeseceesceesee 302 SRIIITUE ceapee concesnncscevccdpootntotnnggeauncoorecsocenecessie 321

Pe OND .. cocuccaiecdessmnagvtaincscsentees “Seses 19 ST ONE vc sccadecupebadnanegerebecese «ne 623

For’ Mr Gladstone’s Budget ..........cccecececccessceceeces 338 Ce eeeenerceccecrecseereessetersesssossorescoesesccoesosooess 267

TEE ONG occccocachommsegtelebsippaness osovsievecatientes 71 ee CONG. cicecicsccaptinsenniganctsticetdins 605

From which it appears that the balance in favour of Mr Gladstone, as compared with Mr Disraeli, is represented by 90 votes. It is true that in the first division there were 18 more members t than in the second, but it must be remembered that, exclusive of the four seats vacant last year, there have been exaetly 18 vacated since December.

Having thus reduced the whole numbers to an absolute equality, we find that, while the apparent force of Lord Derby’s followers has since that time diminished by 35, the numbers of the Government have increased by 17.

But this estimate would give a very insufficient idea of the change which has seaie eecurred in the heart of the Derbyite party, ow'ng to the high-minded and honourable determination of so mony of its members to prefer the interests of their country to those of faction, The uumber of those who have taken this wise and upright course i,

§

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CM ee ee ee ee ie 3 ym

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506 THE ECONOMIST. [May 7, much larger than appears in the arithmetical result. We subjoin a list of the members, including pairs, who voted with Mr Disraeli on December 16, 1852, and who did not participate in his factious tactics on May 2, 1853. It must be observed that this list is exclusive of members unseated on petition. Those who were absent without a specified cause are marked (a ):— Acland, Sir T. Ely», Lord Baring, Hon. F. Farrer, J. (a) Lopes, Sir Ralph Beckett, W. Ferguson, Sir R. Macgregor, James Benbow, J. Filmer, Sir E. (a) Masterman, John Berkeley, Sir G. (a) Fitzgerald, W. RB. (a) Miller, T. J. Bisndford, (a) Giipin, Colonel (ill) Murrough, J. P. Bramston, T. Gladstone, Owen, Sir J. Bremridge R. (a) Goold, W. Pennant, Col. Campbell, Sir Archd. (2) Gordon, Admiral Phillips, J. H. Cholmondeley,LordH.(a) Greenall, Gilbert Powlett, Lord W. Colvile, C. R. Hale, R. B. (a) Rolt, Peter Christy, S. Harcourt, Colonel Roseell, F .ancis W. Cocks, T. Heard, T. Sandars, G. Cubitt, Alderman Heneage, G. H. W. Smollett, Alexander (a) Deedes, W. (il!) Herries Rt.Hon. J.C.(ill) Stephenson, Robert Dering, Sir E. Hope, Sir T. (a) Stirling, W. Drummond, H. Hadson, G. Taylor, Hagh East, Sir J. Hughes, W Walsh, Sir J. (a) Egerton, Sir P. (a) Toglis, Sir R. Wellesley, Lord C.

Egerton, W. Tatton Kerrison, E. C. (a) West, F. R. Egerton, E. Lascelles, Hon. E.(a2) Willoughby, Sir H. (a) Evelyn, W. J.

From this list it appears thatfsixty-two members (excluding the sick) who voted with Lord Derby in December have ceased to support him in May. Of these sixteen stayed aa and forty-seven voted with the present Government and against the Derby-Disraeli Oppo- sition. We wonder whether at this moment Mr Disraeli realises the scene

which his vindictive imagination has painted in the “ Biography of Lord G. Bentinck.” He is describing the division on the Irish Arms Bill: —“ In almost all previous divisions where the fate of Governments had been depending, the vote of every member, with scarcely an exception, had been anticipated; that was not the case in the present instance, and the direction which members took as they left their seats was anxiously watched. Nearly eighty Protectionists followed Lord G. Bentinck. But it was not merely their numbers that attracted the anxious observation of Sir R. Peel,as the Protectionists passed in defile before the Minister into the hostile lobby. It was impossible that he could have remarked them without emotion—the flower of that

ty which he had been so proud to lead. They had stood by him in bis est hours,and had borne him fromthe depths of political despair to the proudest of living positions. Right or wrong, they were men of honour, breeding, and refinement, high and generous cha- racters, great weight and station in the country which they had placed at his disposal. And these country gentlemen—‘ these gentlemen of England,’ of whom but a few months ago the very same building was ringing with his pee of being their leader—they trooped on, all the men of metal and large-acred squires, whose spirit he had so often quickened, and whose counsel he had so often solicited in his fine Conservative speeches. When Prince Metternich was informed at Dresden, with great ostenstation, that the Emperor had arrived, ‘ Yes, but without his army,’ was his reply. ‘They say we are beaten by 73,’ whispered the most important member of the Cabinet in a tone of surprise to Sir R. Peel. Sir Robert did not reply, or even turn his head. He looked very grave, and extended his chin, as was his habit when he was annoyed, and cared not to speak. He began to compre- hend his position, and that the Emperor was without his army.” On this occasion, “ the Emperor,” finding that his army had ceased

to trust him, he has beat up for fresh recruits. Three months, it appears, has redueed the effective force of those who follow the lead of Lord Derby and Mr Disraeli from 302 to 240; but they have succeeded in swelling their numbers to 267 by the help ofa new alliance. Per-

some of Mr Forbes Mackenzie’s constituents will be a little surprised to find that the quarter in which they have sought assistance is no other than the extreme section of the Irish Ultramontanists. The

of Protestant Toryism is in Mr Lucas. We have given a list of those who have found it incompatible with their sense of public duty and obligation to follow Lord Derby’s standard any longer; we now give a list of the new adherents whom he has secured by a special compact. We call —_ attention of Messrs Newdegate and Spooner to the names of r new-found allies in the ranks of the Irish Brigade. The following members voted with Mr Disraeli on Monday night:—

Duffy, Ga Corbally, M. E. Keating (Waterford). Moore, G. H. Devereux, J. Kennedy, T. Lucas, Frederick Danne, M. M'Canp, J. Fagan, W. Esmonde, J. M‘Mahon, P. Blake, M. J Freneh, F. Magan, R. H. Bland, Loftus Greene, J. Maguire, J. F. Bowyer, George Greville, Colonel Meagher, T. Brady, J. Henchy, D. O'Connor O’Brien, —. Swift, R. O’Brien, Sir T. Sullivan, M. Power, N. Shee, . Ww.

pe that the Tory gentlemen who still place confidence in Lord Derby will be gratified at the negotiaion which he has effected, by which he has lost the 62 oe we have enumerated above, and

these gentlemen of tried Conservative and principles to assist Mr Disraeli in preventing “ a first-rate

kingdom from becoming a second-rate republic.” To these 29 we ma - tary list of new edvecions, which we do not pre.

Mantz, G. Vyvyan, Sir R. Tomline, G.

the former 29, make « total of 34 gained against 62 lost; and with this analysis of the situation of their party we leave the Derby Di to on the hopefulness of their prospects, and the sagacity of their leaders. We have only to add that the country

wei eee tne > een ee ane eee feelings, and the enlightened of pu supporters of the late ee ee ce and the cause of good government and practical to

and party objects of a few disappointed politicians.

—

* Aqriculture.

THE SEASON.—AGRICULTURAL PROSPECTS. Tuere has again occurred that excess of rain which has been the characteristic of the season since August last. Some fine days in April enabled the farmers on the light lands to get in their spring corn seed very well, though upon the heavy soils the seed has in most cases gone in but indifferently. During the past week we have had an immense fall of rain, it having commenced to rain heavily on Tuesday last and continued for twenty-four hours without any cessation. This has occurred with a comparatively high temperature. One consequence likely to ensue is that a very small breadth of mangold wurzel can lanted. We hear on all sides that the heavy land farmers have found it impossible to prepare their land for mangold, and that they have given up altogether attempts to grow it this year in any quantity. This again will be a great loss, for ou the strong soils mangold wurzel forms the mainstay of the stock. Even before the rains of the past week many low-land districts had again been flooded ; and if the same amount of rain as has fallen in the home counties has been general, we must expect to hear of serious injury from floods, both to pastures and to eee lands.

Prices of corn, which lately exhibited a tendency to advance, have this week somewhat fallen back ; but the range of prices is now within such narrow limits, that practically it does not materially affect the farmer. He may perhaps by watching the markets obtain one or two shillings per quarter extra for his wheat or barley, but on mere price he cannot found any important calcula- tion—quantity and quality must be the main objects of all his exertions,

The young wheats are generally looking healthy, and even the late sown wheats on the heavy lands are coming up with more vigour and promise than could have been anticipated. The spring an late sown has a great apparent advantage over the winter wheat sown at the same late period. What will be the case at harvest remains to be seen ; the majority of English farmers seem to prefer the winter wheat even for late sowing. The general estimate of the deficiency of wheat’sown is one-fourth, so that a large acreable produce must be required to yield an average return of wheat at the coming harvest. As we have before had occasion to remark, this is not a source of apprehension either to consumers or farmers, for foreign imports will supply any deficiency of bread corti, while farmers will find more than a compen- sation in the high prices and good returns they —— from their stock. Of course such observations apply chiefly to occu- piers who have the means to farm well and to avail themselves of existing opportunities, and are only partially applicable to those who, from insufficient capital, cannot keep a good stock, or may be unable to incur some temporary increase of outlay in growing

n crops. The following are a few notices of the state of the crops in

several rural districts :— In Surrey it is said— Till the 20th fine weather predominated, and several days were suony. Oa

that day our register enumerates fourteen of the previous daye without rain, by 5S. and W. to East, and then clouds formed, with much

now it must be ackno have been done, such as ploughing on a very fine staple, and sowing seeds on considerable breadths. Perhaps there is less autumnal wheat visible than is usual, but there are magnificent fields of great extent—that is, in places where the farmer is ekilful, and alive to his duty as to jgenerous treatment and eco nomy of time.

But spring corn was little advanced. From Berkshire we hear—

Field work went on merrily till the 21st, and a great deal of land was seeded in good order; but since then nothing has been done; and as much remains to be sown, fair weather is much to be desired. Most of the fallows are in a foul state, and but little has been cross-ploughed ; so that great energy and perseverance will be required in prepariag for the root crops, which must be backward in sowing. It is but too likely that little extent of land isin a fit state for mangold wurzel ; therefore we anticipate a short breadth only of that valuable root will be grown. The wheat plant is much improved: the spring-

and in many places are thin on the grousd. Those beans sowa in the spring, and the peas, are their appearance, and are considered backward, |

Store sheep are in great request, and very dear. ‘ The Leicestershire report states :— We seldom remember so large a breadth of land sown in 60 smal! a space of

time as in the last week of March, and under the most favourable circumstances as the land worked admirably. On the last day the wind changed to the south, and a lighter temperature was the consequence; and this, connected

interests, which have led so many |,

eee a

s

the than some put in during the rainy season, thoug

ii He i : Z ! ception of roote.

Outlying stock, from the wet winter, have not done well, and the sheep, especially the last year’s lambs, have suffered severely ; losses both of these and lambing ewes having been considerable. Fortunately there are few cases of pleuro-pneumonia amongst the cattle. Sheep are here, as elsewhere, selling higher than last

year.

In Derbyshire— The wheat plant on the best strong marly soils is looking well and has kept

undrained clays and light loamy soils have t plant begin to look patchy, One feature we have noticed in relation

SSeS wheat this year, and that is the application of lime and its on the plant. For the last twent ure of

quired a material in the soil of the former effect. It gradually, however, fell into comparative disuse.

The land has now recovered from over lime, and therefore bene fits by a fresh dose. The following remarks on restrictions imposed by landlords on growing potatoes for sale have a wider application :—

which will be planted will be something like the usual the high we which

peck of potatoes worth 1s 4d to hie or peck as consuming price, and losing 1s 1d by it, or selling it to his ready money neighbour for its full value.

extent force with penalties for selling a single peck, itmay. We think it a disgrace to some of our noble-

men to place a tenant in such a position. 2 point, which involves much of the existing anomalous

state of the relations of landlord and tenant, the following remarks by a Scotch farmer in England are pertinent. Our correspondent is acting temporarily on behalf of a friend, an East Lothian farmer, who has taken a farm in Herefordshire on a vearly holding. Re- ferring to the farming of this district he says:—“1I am more astoniehed at the inferiority of thecereal grains here than anything else. This arises from the land being so exhausted with white cropping. Wheat, wheat, is the only thing the farmers trust to. eveseseeel hope Mr N will get through with this undertaking the farm on a yearly ee but I already see difficulties that e appears not to havecalculated upon. The landlord was to put

the steading all to rights, the agent promised everything, { now see he will perform nothing. Part of the steading was burned down some years ago, and being insured they got the insurance money, and still the steading stands roofless and otherwise dilapidated. The late tenant expected this to be repaired ; wood was cut down and cut out for roofing, but after a time it was used for other purposes. The ageut, Mr ——, was to be here last weck to go over the farm to take a note of everything. Unfortunately Mr N—— called, pressing him to repair the steading, or at least the stable, and left him with the impression that he (the agent) will nevercome. The tevant-at-will system is one of the humbugs of agriculture. Of course the tenant must himself repair and trust to repayment, which he may or may not obtain. There is a host of parties interested in the estate.”

This is just what might have been expected by a tenant who has been imprudent enough to take and enter upon a farm without an express contract for the performance and erection of the necessary repairs and conveniences. When will farmers learn that the same arrangements and securities all men engaged in other business find ta heisesotansy and conducive to good understandings are equally necessary to contracts for letting and taking farms ?

vr

A HINT ON ROOT GROWING. Tuere can be no doubt that farmers may well take a lesson frora the market gardener, especially in reference to root and green crop growing. Thus, a correspondent of the Mark Lane Express says :—

Tacs tev chistes Bagley, of Falham, a market gardener of the first magnitude, within the last five years, has grown, and weighed publicly, when topped,

eens nee

THE ECONOMIST. 507 |

: : if +t iH { 3

HET ial rputtdits [ical hall fies it g20F Fe. iriefpees pies . He : i i i zips pyiegt es Lista dFfhies

The t extent of land occupied by the farmer usually inter- feres with such high cultivation as would give anything like such a weight of roots as that grown by Mr Bagley ; but still we believe that fully double or trebie the manure now applied to root crops would prove more profitable than the preseut method of growing roots.

SPIRIT OF THE TRADE CIRCULABS.

(From Messrs Trueman and Rouse’s Circular.) London, May 2, 1853.

Whilst the Government measures with regard to finance and taxation are under the consideration of Parliament, a degree of uncerteinty exists as to their being fully carried out, which serves as a check to commercial operations; bat being of a large and comprehensive character, and calculated greatly to promote the prosperity of the country, every step of their progress is watched with the During the past month there has been a general complaint of want of activity in the markets both for produce and manufactures, and in some instances a decline in value has taken place; but the soundness of trade is so manifest that great confidence is expressed as to an early revival, so soon as the propositions of the Chancellor of the Exchequer shall have become law. The money market has become decidedly easier, and good bills have again been discounted in Lombard street at 2} per cent.

(From Messrs Hughes and Ronald's Circular.) Liverpool, April 30, 1853.

There has been a continuous and active home demand for all descriptions of wool during the past. month, and, owing to the lightness of stocks, even the less current kinds have enjoyed more favour. in all cases higher prices may be quoted, but this is more particularly the case in English combing wools, which, from the brisk demand, have advanced considerably.

The great difficulty the trade have st present to contend with, is the the want of stocks, and never at any former period do we remember them reduced to so low a point. It is now quite evident that at our approaching English clip there will be considerable excitement, for, in addition to the urgent demand of the trade, large transactions usually take place at that period partly without reference to prices, buyers being accustomed to secure certain clips which they have bought for years, rather than let them pass into other hands, so that, if they lose at one time, they have a prospect that it may be in their favour the next; there seems, therefore, no reason to expect, notwithstanding the increased supplies which will then be available, that wool will be bought on more favourable terms, but, on the contrary, more firmness will be given to prices.

There is little change to notice in the value of fine colonial wools, and much uncertainty still prevails as regards future supplies. The accounts just received seem more favourable as to the probable re- ceipts, although it is generally admitted they will be subject to greatly enhanced cost, and that a large portion will come forward in the grease; but this will in all probability be more apparent in the later arrivals coming from less favourably situated districts, where the same care could not be bestowed on the flocks. Prices in the meantime may be considered to some extent almost nominal. Arrivals are coming in slowly, which may in a great measure be ascribed to the long prevalence of easterly winds, It is uncertain when the next public sales will take place in London, bat most likely towards the r end of May. The trade on the Continent, which for some time past has been very depressed, has improved during the last few weeks. At the Leipzic fair, which has just taken place, the demand for woollen goods was greater than for a long time, and nearly everything was cleared off at satisfactory prices. During the last year a large quantity of German wools was sent to this country, but the result was not attended with profit, and at present prices are much too high there to compete with colonial wools, and we rather look for a demand for this description from that quarter. Already large contracts have been entered into in Silesia (one of the most important wool-growing districts in Germany), on the sheep's back, and it is almost, an exception to meet with avy tlocks that have not been disposed of.

(From Messrs Du Fay and Co.'s Circular.)

( Manchester, April 30, 1853. At this time of the year we have generally known pretty accurately

the growth and probable supply of American cotton, and our friends will find on referring to former years, that the estimate we ventured to give at the beginning of May has, in nearly all points, been borne out

y facts. Notwithstanding the difficulties which active speculation in America has thrown in the way of forming correct estimates, we do not hesitate to say, that the yield of the crop will probably turn out to be 3,300,000 to 3,400,000 bales. Whatever uncertainty, however, may

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still prevail on this point, it is certain, that the stock both in the Eng- American ports is considerably larger one was

in hile the average weight of the bales is , present time, with the same

period of 1852, is—in the English ports, 419,250 ; and in the Ame- rican ports, 160,000 ; total excess, 579,250 bales. At the present moment finer numbers of yarns are produced, and the domestic makers work short time, which they did not last year; these two circumstances combined, more than counterbalance the increase of spindles at work at nt.

following statement shows the great reduction in the consumption of cotton, caused by a transfer to higher numbers of yarns on a given number of spindles :—840 spindles will ire from 1,260 Ibs to 1,340 lbs of cotton weekly to juce No. 20 mule twist; 840 spindles will require from 784 Ibs to 846 Ibs of cotton weekly to produce No. 30 mule twist; 840 spindles will require from 462 Ibs to 525 Ibs of cotton weekly to produce No. 40 miule twist; 840 spindles will require from 200 Ibs to 224 lbs of cotton weekly to produce No. 60 mule twist. Any transfer from coarser to finer numbers, however slight, exer-

cises therefore a marked effect on the consumption of cotton. The improved condition of the labouring and other classes has caused an increased demand for better and finer cotton goods, while woollen a now worn in place of the coarser cotton fabrics. Neither for the home or foreign markets are domestics and fustians so much in demand as they were in former years.

Our spinners and manufacturers are justly apprehensive of the apirit which is beginning to prevail amongst their workpeople, who are endeavouring to improve their condition, by insisting upon receiving higher wages, and working fewer hours than they have done. The

ing holidays will, it'is generally feared, be prolonged into weeks of i or ; and many of the manufacturers now taking orders, do so with the condition, that the time of the delivery be not interfered with by “turn-outs,” or otherwise. It seems from this, that the masters meet with the same difficulty now they formerly had to contend with in relation to their workpeople, only in quite a different manner. We already stated in our last report, that @ scarcity of hands, owing to the continued e of able-bodied men to Australia and other countries, and a belief on the part of the uneducated that the “ Golden Age” for all classes is at hand, are the chief causes of the present difficult position of the masters towards their workpeople.

The circumstances which tend to depress the value of the raw material will exert an ope effect upon that of the manufactured article, particularly under existing ¢ireumstances—stocks here being generally light, and manufacturers of favourite makes under contract or several weeks to come. a we a admit, enh. that prices generally are too hi e capacity of many of our i markets, we do not, from reasons stated, see any chance of ite cline; to this we may add that the raw material is proportionately too high in price, and that a giving way thereof would not naturally draw after it a fallin yarns or goods.

FE

Foreign Correspondence.

From our Paris Gorrespondent, Paris, May 5, 1853.

The session of the Legislative Body will be closed on the 13th instant, and the deputies have daily sittings, in order to dispatch all the bills submitted to them. But the public cares but little for oer Eek reads none of the —— minutes on the debates. The eputies are y discontented at the insignificant part which the

are obliged to play. Many have already taken leave of Guan without waiting till the end of the session, and they are resolved to give in their resignations, and not to return to the next sitting. When the Government is obliged to proceed to new elections, it will not find it so easy a task, as on the first time, to impose its own candidates. Discontent has already made much progress in the middle clase, and chiefly among tradesmen. As e is now ¥ dull, they no longer forgive Louis Napoleon for the manner in whi he bas behaved towards the bourgeoisie ever since 1851. They murmur about the gambling in the stocks, which seems countenanced by the Government, and attracts the greatest pait of the disposable money. Our tradesmen, instead of using their money in their busi- nese, go to the Bourse and invest it in railway shares, and they often lose it entirely by time Many of the most influential persopages are accused of having a hand in the new societies, and of receiving large pot-de-vins, in order to obtain the required concessions. The Geneva and Lyons Railway, with a branch to Bourg and Macon,

of which I spoke last week, has been already granted and officially published in the Moniteur. The Government ts the company, which is represented by M. Barthelemy, M Blount and Co.,

General Dufour, &c., a guarantee of 3 per cent. interest, and a sub- vention of 15,000,000. This company is scarcely formed, yet eu

es.

news from Constan e. The question seems hushed. The last letters say that France has be malian aa ne a about the Holy Places,

and Prince has abandcned his mysterious behaviour. The armaments have been totally discontinued on both sides, and it is even reported that the official news is so highly favourable, that the French Cabinet has determined upon recalling the fleet to ‘Toulon, to

ee to keep at peace with

agreed

THE ECONOMIST.

is goingon among the Sovereigns. We have no news of interest in our home politics, except the

accident which befel the res She was se the stair- case of the Tuileries, when is Napoleon, who was walked upon her gown. The Empress tottered and fell into hys- | terics. As she was in an interesting she was ordered to remain for several days in bed, and on Friday last her hope of giving soon an hc ir to the Emperor was lost. She is, ever, as well as pos- . sible after such an.accident. But it is already supposed that Seeeeee will renounce for this year the journey he intended to

in the northern and western d ents of France, as he would fear for his Imperial wife a similar accident,

:

The following are the variations of our securities from April | 28th to May 4th :—

fe fe fe The 3 per Cents improved from ss ..-000008 8060 to 81.40 and left of at 81 30 The 4§ per Cents .-ccccsccssssererarsecesererreee 103 20 — 103 60 _ 103 50 Bank Shares declined from ...s00-+-00 cess 2720 0 — 2686 0 The Northern Shares improved from ...... 920 0 — 925 0 a 922 50 Strasburg O08 O08 OP OOTERS COO FES ORE EOS FO8 SOe EF Bee Fee 890 0 soamae | 915 0 - 916 o

Lyons O00 008 ne one O58 008 bes weE SES eee Oe Bs eee serese ees 957 50 — $73 75 —_ O71 25

OTIC occ reerceesscecresccenccrssccsecesersecesess 1060 0 — 1921 25 os 142125 ROUCN secscesescreserccerseencscseosccnsescersceserene 1100 0 — 1193 50 _ leo 0 Havre 208 004 CRORE oe 88 Coe SEESES SODEEE ees eEeees cesses 540 0 = 557 50 -_ 567 50

WSterD seoreracrcenerererccncsserscssscsacencseereee 787 50 —= 812 50 = 810 6 Cherburg OOF OFF OOF COEFF OR OOS OL EES POR SOE EEL OEE EES 640 vu - 647 60 -_ 647 56

= ern

Correspondence.

THE PARISH OF CHOLESBURY. To the Editor of the Economist.

Sir,—In the report from the Commissioners appointed by Govern- ment for inquiring into the administration and practical operation of the Poor Laws, published by authority in 1834, the following passages occur, (page 64) :— We are happy to say that not many caees of the actual dereliction of

estates have been stated to us. Some, however, have occurred; and we have given in the extracts from our evidence the detaile of one, the parish of Cholesbury, in the county of Bucks. It appears that in this parish, the popu... lation of which has been almost stationary since 180i1—in which, memory of persons now living, the rates were only 10/ Ils a year, and ope person received relief—the sum taised for the relief of the poor rose 991 48 a year in 1816, to 1507 5s in 1831 ; and in 1882, when it was ing at the rate of 367/ a year, suddenly ceased in consequence of the bility to continue ite collection; the landlords having given up the farmers their tenancies, and the clergyman his glebe and his clergyman, Mr Teston, states that in October, 1882, the up their books, and the poor assembled in a body before bis door, while in bed, asking for advice and food. Partly from his own small means, from the charity of neighbours, and partly by rates in neighbouring parishes, they were for some time supported ; and the benevolent rector recommends that the whole of the Jand should be divided among the able-bodied pauperr, and adds that he has reason to think that at the expira-

tion of two years, the parish in the interval securing the assistance of rates in aid, the whole of the poor would be able and willing to support the aged and impotent of course excepted.

In Cholesbury, therefore (saye the Commissioners), the expense of maintaining the poor has not merely swallowed up the whole value of the requires even the assistance for two years of rates in aid from other parishes. to enable the after the land has teen given up to them, to support themselves ; aud the aged and impotent must even then remain a burthen on the neighbouring parishes. ’ Now in the amended Poor Laws introduced about that time,

abuses, which it was supposed had led to such a state of matters as at Cholesbury, were no doubt attempted to be provided against, and I want to knuw what was the result, and how that ish stood as re-

ed its poor ten yeurs afterwards, say in 1841, and again at the t accounts you have from them.—I am, sir, your’s respectfully, London, May 5, 1853. R. M. G.

[In reply we can only state, for the information of our correspondent, the former and the present condition of the parish as they are recorded in the Poor Law returns:—

i FE reollitt i!

f F

Parish population in 1831 .........sccccecececeeee 124 DDD sdsnnadeesstbesiesosdeientitndectitnbvedsbind acres 176

Expended for the relief of tue poor in the year ended Lady-day, 1832 £192 om on =» _ 1883 165 om _ ‘on -—_ 1834 162

Population in 1851 ..........scccccesseceeees Cboutés 113 Expended for the relief of the poor in the year ended Lady-day 1850 —

_ — = — 1661

- _- — _ 1852 33 The number of relieved in the half-

year ended Lady-day, 1852..........ssseseee 5 Our correspondent will, therefore, see the expense of the poor is now one-fifth of the sum expended on them in 1882.—Ep. Econ. }

kmperial VBarliament.

PRINCIPAL BUSINESS OF THE WEEK. House or Lorps.—Friday : Jew Bill tived on second reading, Monday; Com»

versation on India. Tuesday : Charitable Trusts Bill read a second time. South Ses Annuities Bill

to neering t Adjourned debate on the income tam, Monday: {

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1853.} » Amendment on the ineome tax negatived. Tuesday: Leave for tee ire Bin

Pranchise refased. Wednesday: Payment of Wages B e : Con the war-rocket seizure. ia

Lawiess’s Amendment on the income-tax resolution debated.

HOUSE OF LORDS. Friday, April 29.

Cromwell sought to relieve the Jews from a civil disabilities, but failed. Exactly one hundred years ago a bill removing their disabilities passed both houses and received the Royal assent, but so powerfal a clamour was raised against it out of doors that it was repealed the same year. It was

prejadice and not argument which had excluded the Jews then, and it was still prejudice that tried to keep them out of the House of Commons. The Earl of Darnley opposed the bill on religious grounds. The Archbishop of Dublin supported the bill, which, if passed, would not be

& triumph over Christianity, but prove a triumph of Christianity, inasmuch as the retaining of these disabilities was contrary to the spirit of our religion. The Bishop of Salisbury felt constrained to say that he could not, as a mem-

ber of that house, and still less as a bishop in the church of Christ, pursue any Other course than that of opposition to the bill. The Bishop of St David’s supported, and the Earl of Harrowby opposed, the

bill; and after some further discussion, in which the Duke of Argyll, Lord Winchilsea, Lord Brougham, and Lord Colchester took part, their lordships i a 7 2&

it. i Ay : [F : 5 z z 5 i ‘

motion of Lord Aberdeen, the house concurred in an address, pre- the Commons for a commissign to inquire into the corrupt practices a

ey i i ! | : | i i ! f i: i

trusts. Cleveland and the Earl of Chichester thanked the noble lord this measure, and, after some further discussion, the bill was

time, and ordered to be referred to a select committee, atics’ Care and Treatment Bill was brought up and received.

Sea Annuities Bill was read a third time and passed on the mo- Lord Granville, after some remonstrance from Lords Derby and Mont-

Ties hetintge shen adjourned, Friday, May 6.

The Lord Chancellor rose to move the third reading of the Registration As- eurances Bill, the principal features of which he again glanced at, and the advantages of which in simplifying the law of real property he specified to their

Lord St, Leonards expressed his fears that the bill would not work efficiently. (L&FT SPEAKING,]

Eaglls Al

HOUSE OF COMMONS. Friday, April 29.

(CONTINUED FROM OUR LasT }

Mr Moore, in continuation, said that the Budget assumed either that Ireland was not sufficiently taxed, or that she would not be more taxed under the Budget than at present ; and neither had been or could be established. Mr J. M'Gregor defended the main features of the Budget, which was, he

to the house, and lamented to see

Colonel Harcourt regretted that he could not, with his party, support the amendment, and, comparing the present Budget with that of the late Govern- ment, he gave bis to the measure now proposed.

Mr H. Herbert likewise instituted a comp»ri-on between the two Budgets, with a result highly disadvantageous to that of the late Administration. Ag representing an agricultural constituency, he regarded the surrender of the Consolidated Annuities as a great boon to the tenant: farmers of Ireland. Mr ©. R. Morgan opposed the Budget, in which the interests of the agrieul-

to Ireland, which, by the present Badget, he said, was unjustly encumbered with an increased taxation of 750,000/ a year.

THE ECONOMIST. ed co mente ctiected to the continmenes of the Income tax for v0 ee ee ee See raeneney te rae a

of liament to reconsider at a shorter period, when its prolongation might be an. necessary. He had always maintained that Ireland ought to bear ber share of tamecien 5 bus It. en aepeed to tax her 460,0007 a year eq Mr Cardwell observed that the reason assigned by Lord Jocelyn for resist-

ing the continuance of the income tax for seven years—namely, that the re- productive process of the remissions of taxation would be more repid-—only showed that the prospects of the Badget were better than prudently assumed. As to the extension of the income tax cousistent with an object which ought to be dear to all classes in the United aeaeeaes of uniting all its population in one common bond of common

Mr Henley observed that the real issue was, whether the income tax should be granted for severa! years without any attempt to mitigate its inequalitice, Mr Henley then subjected the general scheme of the Budget to a minute cri- tical examination, observing that it did not hold out any particalar charm for the landed interest, and that the continuance of the income tex for seven years would, in effect, exempt our whole taxation from the constitutional controul

Mr Cairns supported the amendment upon grounds which concerned England as well as Ireland, namely, the unfairness and inequality of the income tax, that the committee had not before it the data upon which the amount of the duty upon successions had been calculated—a novel, untried tax, which woald operate upon a vast amount of property, including settlements of persousl as well as of real property. The most skilful and competent judges said it was perfectly idle to suppose that the amount would be limited to 2,000,0003; that it would produce at least 4,000,000/. With reference to Ireland, if the income tax was really to be temporary, was it worth while to create a machinery for such a tax, which had never yet been introduced into that country, and which it would be unfair to introduce there?

On the motion of Sir W. Civy, the Chairman was ordered ne pret ee and the debate was again adjourned, with the understanding that it eh close on Monilay.

z

SEs

The other orders and motions having been gone through, the house adjourned at a quarter past 1 o'clock until Monday.

Monday, May 2. In Committee of Ways and Meane, the adjourned debate upon the con-

tinuance and extension of the income tax was resumed by Sir W. Clay, who, referring to the Budget as a whole, described it as wise

and prodent as well as bold and comprehensive—s combination of immediate relief with prospective advantage. The most importent part of the scheme— by which the Government was to stand or fall—was the income tax, and the moet important feature of the income tax was its extension to Ireland. Re viewing the objections made to that extension, he came to the conchavion that while Eagland had to anewer for wrongs against the civil and religious liberties of Ireland, financial wrongs did not form a part of her tranegressions. He defended the income tax generally as a means of relief to the workiog classee, at the same time that he was in favour of ite reduction, and an opporta- nity being given for ite repeal in 1860. He gave his cordial support to the par- ticular resolution, and the Budget as a whole, Sir F, Kelly opposed the resolutions on the ground that they were part of a scheme of taxation which was preguant with new, and enlarged, and intolerable burdens on the already oppressed landed interest; because they sought to extend the inceme tax to Ireland, without any jastitication, without polities! necessity, or necessity at all; becauee, without any ground, it was proposed to continue the income tax, unmitigated and unchanged, for the unexampled period of seven years; but mainly and principally because they sought to perpetuate, for seven years at any those unjast and inourabdte inequalities which had foreed diseredit upon the ature, and under which ¢o many Classes of the people had for so long suffered. He addressed himeeif in turn fi odjections. Ireland could not pay the tax, and England showld

itself was unjust and unequal, and must either be corrected or altogether. Sir Fitzroy concluded a lengthened and careful ad-

announcing his intention to oppose the resolutions by every means in

stigmatised the speech of Sir Fitzroy, who had dwelt upon the distinction between certain and precarious in-

@ sermon upon the vanity of human wishes and the fleeting human treasures. He reminded the hon. gentleman that

an amendment before the house, and that he had done anything support it. With regard to the real merits of the case, he admitted

tax was unjust. So was every tax in itself, and it wae only in its re- other taxee, and ite general with the entire system, that it

could be rendered otherwiee. But the present tax could not be made just in the manner desired by Sir Fitzroy: no adjustment, no graduation could make it 80; and the exemption of Ireland from its operation was equally impossible as a matter of justice, the exemption of one person being always an undue burden upon somebody else. The Irish preferred retainiog the Consolidated An- nuities and escaping the income tax, beeause they did not intend to pay the one, and would be compelled to pay the other. He maintained that equal legislation was necessary, and that the financial mezsure of the Government

ip

Heid a

manent justice. - Mr I. Butt, whose rising was the signal for a general clearing of the Treasury

bench, from which Mr Lowe had addressed the house, and where Mr Wilson only remained, gave a decided opposition to the income tex as an imperial! measure, and a determined resistance to it on Irish grounds. With regard to the Budget generally he maintained that its effect would be to oppress the poorer classes in both ki while the prineipal benefits whieh it proposed were the belief of those who rode in their own carriages, and an increase in the number of Returning to the subject of Ireland (for the third or fourth time), he suggested a select committee to inquire into the capacity of that country to pay the tax with which it was to burden her. He conciuded by opposing the motion, whether considered as relating simply to

income tex, or tothe Budget as a whole. Serjeant Murphy could not see why—as an income tex must inevitably, later, be extended to Ireland—he should now assist in turning oat

« Ministry whom he had contributed to bring into power. It was the duty of to consider questions in their relation to imperial interest, acd not

sapuvento Go gaytessir Pesaliiie and the present was essentially an im- ¢ denied that Ireland had gained nothing by free trade

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nd had any right to claim exemption on that ground, and instanced the com- pensstory benefits offered by the Budget as an additional reason why she should submit vo the tax. The remission of the Consolidated Annuities had been admitted to be a great boon, and so was the reduction in the tea duties, for 20 popular wae that beverage becoming in Ireland, that in some cases it was substituted for whisky.

There was a general rising on the opposition side when Mr Serjeant Murphy eat down, but Mr Conolly was the succeseful competitor. He made a long epeech in opposition to the resolution.

Mr E. B. Roche supported the Budget, because he believed it to be a Budget for the working classes, for the farmers, for the artisans, and for the people of Ireland.

Mr Disraeli wae tound to agree with the general principles of the Budget, for the reason that they were identical with those upon which he had founded his own. In proposing that Budget, he had asserted that it was necessary to ascimilate our financial policy to our new commercial system, and he rejoiced to find Lord John Russell a convert to that opinion. Mr Lowe had advocated a similar policy in an earlier part of the evening, and had also changed his opinions since December last. He reminded Mr Gladstone and other members of the Government of the alarm with which they received his proposal to allow a deficiency, and then to make it up witha new tax; and now this was the very couree that they propos:d themselves, They had also protested against his anticipating the finances of the country beyond the period of the financial year, particularly Mr Lowe, avd now they proposed a Budget for seven years, accompanied with a financial operation extending over nearly half a century. The great political feature of the Budget, according to the Economist, was that its operation was permanent; but he had always believed that one of our most valuable safeguards was that the expenditure of the country was controlled by an annual vote of the House of Commons; and Lord John Russell himself had advocated that rrinciple. The next point was with regard to the income tax. The principle upon which he had founded his Budget was the relief of the land from undue burdens by a general revision of texation, and for this purpore an income tax was necessary. But the income tex which he proposed wae placed upon a basis different from that of the present Government, which taxed the classes that they professed to represent twice as much as the landed intercst, a concession towards the opinions that he had advocated and they had opposed, which he had not expected. The income tex of the late Government was an income tax, with that difference in the assesement which was demanded by the people. That of the present Government was established on the old basis, and for seven yearr, and with very little chance of ever being repealed

H at all, to judge by the temper of the times, and the whole scope | of Mr Gladstone’s financial policy. Under those circumetances, were they

authorised in extending it to new classes and another country, without removing its odious inequalities? He considered that the true policy would be to renew it for a very limited time and with great modifications; and that was what Sir Edward Lytton’s amendment ia reality proposed. With regard to the extension of the tax to the land of Ireland, he had, while in cflice, con- demped such a proceeding, and his opinion was still unchanged; and in reference to the Annuities, be had himself intended a measure on the subject. Viewing the Budget as a whole, it was conceived in a spirit of injustice to the land. Without objecting to the reduction of the tea duties, he could not forget that it was likely to bring that article into increased competition with articles grown by the British farmer; and he warned them against the consequences of removing the tax from such productions, while it was still continued on malt. But, however bad the effects of the Budget might be upon indirect taxation, they were not the less injurious to direct taxation. The income tax pressed most severely upon the cultivators of the soil, and the extension of the legacy duties would be equally detrimental to the interests of the population, The latter, indeed, which he believed to be utterly un- sound in principle, was in realitya new tax upon land; and he repeated that the entire Budget was conceived in a spirit of injustice to the land. The income tax was originally imposed in order to obtain compensatory relief; but he maintained that that principle hed been departed from, and that both Eng- land and Ireland, under a Ministry of “ all the talents,” had to endure an accumulation of miseries. Referring to the mode in which the Government proposed to deal with licenses, as being more than a set-off against the unpopular house tex proposed by himeelf, he alluded sarcastically to the alteration in the scale which he now understood was intended, and took occasion to condemn generally al) inequalities in taxation, observing that a privileged noble was not more Gangerous than a privileged tobaccunist. He concluded an effectize speech, which was attentively listened to by a very crowded house, by urging the importance of the landed interest, and its influence upon the greatness of the country, and the danger of legislating for an illusory progress, which would have the effect of changing a first-rate kingdom into a second-rate republic.

Lord John Russell rose, at one o’ , toreply. He confined himself to a brief summary of the advantages proposed by the Budget, and addressing himeelf then to the objections, pointed out the inconsistency of the tone of opposition with the amendment which it professed to support. In the one case the

Budget was opposed because it was considered hostile to the land; in the other it was proposed not to take off any of ite burdens, but to tax trades and manufactures at a lower rate. The rea) difficulty in making any alteration in the assessment of the tex was, that an alteration having been once admitted, it was impossible to stop, and the tax must fail altogether. And he maintained that the tax could not be made effective except by avoiding al! distinctions whatever. The principle of extending the tax to lower incomes Mr Disraeli had himself adopted. With regard to the extension of the tax to Ireland he calculated that the effect of the measure, coupled with the :emission of the Consolidated Annuities, would be to have a balance of remissions, after 1860, of 412,0001 a year. But that fact was not so important ae the effect of the meaeure upon the general prosperity of the country. Defending bis own consistency with regard to the imposition of such a tax, either in England or Ireland, he reminded the house that when he opposed that measure the corn laws were not repealed, nor had other changes occurred which induced him at the present time to alter his views. After defending the legacy duties as proposed to be dealt with, he cautioned them egainet the amendment, and condemned Mr Disraeli’s policy of opposing the

as futile and dangerous, and concluded by a general recommendation of the Budget, an eulogy of the Chancellor of the Exchequer as entitled to

223 to 252.

A eecond amendment, by Mr Lawless, was postponed, and the remaining business having gone through, the house adjourned.

————————————————————————————————————————————————————————————————————————————— ee ss—“—t—Z

510 THE ECONOMIST. [May 7; far as his knowledge extended, no letter addressed to the individual to whom the question obviously referred had been opened, or any letter addressed to any foreign refugee in Euzland, since the present Government had been in office.

Mr Locke King moved for leave to bring in @ bill to assimilate the franchise in counties and boroughs in England and Wales, by extending it to all ocou- piers of tenements of the annual value of 101, The question, he . been 80 often discussed, and had been supported in that house by such large numbers, that he aseumed that the measure must shortly become law, in order to remove one of the greatest anomalies of our representative eyetem.

Lord J. Russell said, he did not mean to enter intoa discussion of the question, which, it was clear, was intimately connected with the whole subject of our representation. Whether it was wise or not to make this change, it was one of great importance; and, this being the case, it was impossible to allow a bill to be introduced upon{the subject without discussing the whole question, and thereby postponing other important matters before the house. He should only say that the present Government were not indisposed to consider the whole question, and they hoped to introduce itat a time andin a manner to occupy the serious consideration of the house. He °must, therefore, resist the present motion,

Sir De Lacy Evans, Mr Hume, and Mr Hadfield suggested that, under these circumstances, the motion should not be pressed, and, accordingly,

Mr King withdrew it. Sir J. Shelley, referring to a resolation of the house pledging it to proceed

with the utmost severity against all persons wilfully concerned in the return or attempted return of a member by bribery or any other corrupt practices, and to a resolution of the Chatham Election Committee, that an elector of that borough had been bribed by a situation in the Post-office, obtained for his son by Sir J. M. F. Smith, moved that the Attorney-General be directed to prose cute Sir J. M. F. Smith for such bribery. He supported the motion upon the ground of precedents, and the peculiar merits of the case, without any personal feeling towards Sir F. Smith, but solely as a matter of public duty.

Sir F. Thesiger observed, there had been no instance of such a prosecution unless in such a case of flagrant and gross corruption as called imperatively upon the house to interfere, and to follow out a recommendation of the election committee, and he thought the house should be extremely cautious in directing such a prosecution, where it might be attributed to strong party feeling, and where there was not a fair and reasonable prospect of a conviction. He entered minutely into the circumstances of the case as detailed in the evidence, and without meaning, he said, to cast the slightest imputation upon the committee, be declared that he could not have arrived at the conclusion they did, believing that, in point of law, no case of bribery had been proved against Sir F, Smith, But, supposing the committee to have been right, it was clear that they did not intend that there should be any ulterior proceeding against Sir F. Smith ; and, if so, should the bouse undertake the office of prosecutor? He earnestly im- plored the houze not to proceed hastily in what would cast a stigma upon, and be a condemnation of, Sir F. Smith, unless there were other circumstances than those which appeared in the evidence.

Mr W. Williams thought this case one of a very light character compared with others.

Mr Bramston, Chairman of the Chatlfam Committee, said the decision they had come to rested not upon one case, but upoa the whole evidence. It had been proved, however, that it was quite impossible for any candidate to stand for Chatham without making promises; and the question was whether the house, in not taking steps to correct this evil in dockyard boroughs, did not lay a snare for candidater.

Mr Newdegate, Mr Pigott, Mr W. M. Smith,Mr W. J. Fox, Mr T. Dan- combe, and Mr Heywood having spoken against the motion, and Mr Pellatt and Mr Stanley in ite favour, Lord John Russell said, the Government had consulted the law officers of

the Crown, whose opinion was, that there was ground for a prosecution, though they would mot answer for its success. But there was another question, as to what was the meaning of the report of the committee, which was somewhat ambiguous ; it would appear that they were of opinion that Sir F. Smith had been guilty of inducing an elector to vote for him by procuring a situation for his son in the Post office, though it admitted of another interprtation—namely, that he had done no more than obtain a situation in the Pust-office, without reference to the election. He could not but think that the committee should have stated either that Sir F. Smith bad been guilty of bribery or not; but he left the house to decide upon this motion—a decision it was not for the Govern- ment to influence.

After some farther observations fom Mr 8. Wortley and the Solicitor-Gene- ral, and a speech full of mirth and satire by Mr Drummond, which called forth animated remonstrances from Mr Hume and Mr Rich, the motion was negatived upon a division by 188 against 78.

Sir J. Fitzgerald moved for leave to bring in a bill to extend the act which regulates the presence of soldiers at elections to Ireland, avd was referring to the transactions at Sixmile-bridge as the ground of the motion, when the house was counted out, at half-past 8 v’clock.

Wednesday, May 4. Mr Hadfield moved the second reading of the Probates of Wills end Grants

of Administration Bill, intimating, however, that he would have no objection to postpone going into committee until after the holidays, in order to enable the ee to bring forward his more comprebenrive measure on the

subject. The Solicitor-General said that his own measure was ready to be introduced,

but that the question of testamentary jurisdiction was before the Law Commis- sioners, whose sanction he was now awaiting. In the meantime, however, he was ready to give his assent to the present measure as an instalment of the proposed reform. A conversation ensued upon the snbject, in the course of which some objec-

tions were made, which resulted in the bill being read a second time pro Sir H. Halford moved the second reading of the Payment of Wages Bill, ex-

plaining the object of the measure, which was to remedy certain evasions of the law which prohibits the payment of wages otherwise than in coin of the realm. The bill was intended especially to apply to the system at present existing in the midland counties, of lending weaving machines to frame-work knitters, and charging for them exorbitant sums of money, which were deducted from the wages. It proposed to subject the hiring of frames to free competition in an open market.

Mr Biggs opposed the bill, as tending to the ruin of the whole trade. Mr Packe supported the bill, as calculated to put an end to a system of

tyranny and slavery. Mr Strutt opposed the bill, as generally injurious to the working classes. Mr Hume, believing that the bill would put an end to freedom of trade, and

between master and man, moved that it be read a second time that day six monthe.

The Marquis of Granby supported the bill. Sir J. Walmsley took the same side, maintaining that the bill wou!d not inter-

fere with the legitimate operation of demand and supply. « Mr T. Egerton thought that the bill should be made merely local.

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Whalley, Mr Cheetham, Colonel Blair, Mr Martz, Mr Heyworth, and Sir H. Halford, who said he should be ready to send the bill toa select committee, if the house would agree to the second reading. ‘ On a division, the second reading was lost by 125 to 186. get OO Pe Ae 0 eed contin. Se of Workmen

The Solicitor-General moved, as an amendment, that the bill be read a

A division took place on this motion, which waa lost by 102 to 121. Six o’clock, however, having by this time arrived, the house was unable to

adjourned accordingly. proceed further, and

Thursday, May 5. The Chancellor of the Exchequer stated, in reply to a question from Mr

Maasey, that it was the intention of Government to introduce a bill for im- a banks, and giving additional security to

depositors. The order of the day having been read for resuming the adjourned debate on

the issue of the writ to Berwick, Mr Phinn moved as an amendment to the original motion (for the immediate

issue of the writ) that the issue of the writ be postponed to Thursday the 20d June. He advocated the necessity of further inquiry, the corruption of the

Mr Ker Seymer opposed the ameadment, for which he contended that the honourable member had laid no grounds beyond newspaper articles. The evidence had not been prin and whatever suspicion of compromise might exist, the unanimous opinion of the committee was, that the writ should issue.

feated candidates, showing that he had been no party to any corrupt compromise relative to the election. It would be unjust tothe constituency to sus- pend the issue of the writ, though it might be desirable to appoint a select committee to inquire into the circumstances of the charges brought against a gen After a few words from Mr Whiteside, the amendment was rejected, on a

division, by 218 to 66, and the writ was ordered to issue. wens Tee of the Gay was thee reed Se going into Committee of Ways and

eans. Mr T. Duncombe asked the Secretary of State for the Home Department

whether, in consequence of two infurmations of a political character having been laid against William Hate, inventor and manufacturer of the patent war rocket, and the first of such informations having terminated in the said

g

proceed with the second information, laid under the provisions of a law passed during the reign of Wm. III., 1697, intituled, “ An Act to prevent the throwing or firing of squibs, serpents, and other fireworks?’ He argued'that Mr Hale had no further violated the law in making rockets at Berm than any manufacturer of fireworks for Cremorne or Vauxhall, and that there was no pretence for instituting a political prosecution against him. The act of Wil- liam III. was an old statute, which had slept undisturbed for 120 years. Such proceedings were calculated to fill the people of this country with unmitigated disgust, which would be increased by the statements of foreign newspapers = a that they were instigated by the despotic Governments of, the

nent, Viscount Palmerston said he had been informed on inquiry that the proceed-

ings of Mr Hale were contrary

M. Kossuth had turned out to be baseless calumnies; and, in reference to the taunt of a contemporary, that Guildhall was not far from the Old Bailey, he reminded it that Printing house square was stil) nearer. Mr Bright thought it clear, from the noble lord’s own account, that he had

been engaged in hunting up a mare’s-nest. The case, us regarded Mr Hale, was pitiful and shabby, and still worse as regarded M. Kossuth. The noble lord had not said a single word to clear that distinguished man from the imputations brought against him, though he might and ought to have done so. An important organ of the English press was now pursuing a course of reckless slander and false accusation, such as had brought down public vengeance on that of France. It Senate ea to single out for such

it was true that some policemen or other spies were stationed to watch Kossuth’s house, and if so, whether the expenses were defrayed by the British or by any foreign Government ? After a few words from Mr Otway, Viscount Palmerston said he had given no special directions to have M. Kossuth’s house watched, but it was the duty of the police, in all cases where they had good reason to believe that any breach of the law was being medi- tated, to ascertain what the real circumstances were.

Mr Cobden maintained that the only shadow of foundation for the charge against Kossuth was the fact of two or three Hungarians having been employed as workmen in Mr Hale’s mavufactory. He wished that all exiles should be placed on an equal footing, and again demanded if Government had taken special measures to have M. Kossuth’s house watched.

Lord J. Russell described the policy of England towards all forsign re- fagees, whatever their rank in the social scale or their opinions, as one of just and equal hospitality, whilet there were correlative obligations on their part to an upright and observance of our laws. M. Kossuth was bound by

protracted discussion ensued on the propriety of doing this, the Chairman stating his opinion that the language used was disorderly. Mr Daffy offered some explanation of the terms he had used, but said he was

determined not to unsay anything he had said. Lord John Russell challenged the honourable member either to bring forward

distinct and specific charges in pursuance of his allegation, or to retract and regret.

Mr Duffy remaining ailent, The Chairman put the question that the words be taken down and reported

to the house, which was agreed to immediately. The Chairmen then quitted the chair, and the house resumed. The Chair

man reported progress, and reported the words used to the Speaker. The Speaker called upon the honourable member either to explain the words

or to retract them. Mr Duffy said, if the house granted a committee he would lay before them the

facts which had influenced his mind in coming to the conclusion he had ex- . The honourable member then withdrew.

Mr S. Wortley moved that the hon. member’s words be taken into consideration at four o’clock on Friday.

Mr Sergeant Shee contended that the words used were not meant in the offensive sense in which they had been taken by many members, and might be ascribed to vexation at the schism which bad taken place in the Irish

After some further discussion, the motion was put and agreed to, and an order was made for the attendance of the hon. ber in his place. The other orders of the day were then disposed of, and the house ad-

ourned. Y May 6. ?

Lord J. Russell gave wait eats would oppose the issue of a writ for Chatham, and would move for leave to bring in a bill to prevent persons employed in the Government dockyards from voting at elections. The matter of Mr Daffy’s allegation agaiost the Irish members was then

brought on, when Mr Duffy having more clearly explained his meaning the matter dropped. The house then resolved itself into a Committee of Waysand Means.

(LEFT SITTING.)

PARLIAMENTARY PAPERS. 336 —— a a Senay ee lll :

addersfi — Report from Comm: a8 Bardens on Lend (1044)—Appendiz, Nos 9, 10,11, and 12 to Lords’ Minutes of

Evidence. 227 (1) Tavistock Election—Index to Minutes of Evidence. 243 (1) Norwich Election Petitions Withdrawal—Index to Minutes of Evidence. 321 Athlone Election—Report from Committee. 353 Cirencester Election—Ditto Ditto. 403 Dockyard Regulations—Copy of Cireular Order. 406 Consolidated Arouities (Ireland)—Return. 405 Bills—Aggravated Assaults (as amended in Committee, and on Consideration of

Bill, as amended). 2d).

402 National Vaccine Lccattishascot—Repott. 191 Local Acts—Reports of the Admiralty. 354 Southampton Electiun—Report from the Committee. 357 Cockermouth Election—Ditto, 368 Ramsgate Harbour—Account. 376 Barnstaple Election—Report from the Commitiee. 386 Capital Convictions—Return. 400 Schools ([reland)— Return.

of Minutes.

372 Mayo Election—Report from the Committee. 382 Barnstaple E!ection— Minutes of Evidence. 387 Poor Relief (Ireland)—Summaries of Returos. 494 Bills—Whittlebury Forest, 41 — Sales, dc. of Lands (Ireland), 17 — erpeneem A 418 — Sales a 423 — Leasing Powers (Ireland) (as amended by the Select Committee).

Lt

Welns of the Oteck.

COURT AND ARISTOCRACY. On Satuapay, Her Malesty, Prince Albert, and the Royal family, arrived

t Osborne, at ten minutes before six o’clock. inte . that the Court will return to London on the 27th of May. ’

METROPOLIS.

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to be highly deserving ali the support that the Government sad Parlia- ment could fairly give it. HEALTH oF LowpoN DURING THE WetK.—The official report — “It

ee > 7 wo — =

RepResertaTios oF TAUNTON.— This election has rerulted in the return of the Liberal candidate by a amall majority. The numbers at four o'clock were— Sir J. W. Rameden (Liberal), 328 ; Mr H. Badeock (Conservative), 366; ma-

Tae Lasour Marxer.—The stonemasons of Nottingham struck on Mon- Gay lest for.an edvence of wager. The masters offered them 3d a day, or le 6d. a week, additional; this war, however, refused. In most departments of

advance here. The carpenters last week succeeded in effecting a rise of le a week. i ; E tmaouth, echeme, which is promoted by Mr W. Bryant, a merchant and a

| member of the Society of Friender, is likely to prove not only a great conveni- for whose benefit it has been the

foot, but also remunerative to ite promoters. The site selected is one 0,

higher wages. Hligher up the country | the aes tailors of Aberystwith have followed the movement. The masons and labourers employed by the Cardiff New Dock Company, in preparing and quarrying stone, also left off their employment, the former demand-

an sdvance of 6d per day, and the labourers a rise from 28 6d to 36 per Fst dete Sapudeen helf-way, and offered to the former

e latter 2d per vance, which was accepted by the mojorit: who returned to their work. , . -

LLL

IRELAND.

Tse Exuisrrion.—The preparati.ne for the Great Industrial Exhibition

building presents an animated and bury e ony ey ae one scene, W bition of striking interest and variety. . a!

THE Exopus.—The Galway papers, one and all, continue to report the increased “ flight of the population.” Batehes of emigrante, often amounting to over 100, leave daily by railway for the Labour is rapidly becoming scarce, and the paucity of the people is atr exemplified in the diminished numbers who atter d the Saturday's eee inclosing remittances from America, are pouring into the country, so that it would be idle to ex- Tikety co leat, oat eee Cemmnnte eystem now in progress, and which seeme

to jast until the Celtic race shall bave wholly passed away from the mother country. Vast numbers, too, are going to England, where, it is sup- Posed, in contequence of the « migration to Australia, they will readily obtain

THE ECONOMIST. This evil will,in some measure, be removed by the stipulation of the new Zollverein’s treaties, raising the excise on beet-root sugar to 9s, to which the Second Chamber has given its assent, recom- mending at the same time that the drawback on refined * which now amounts to a bounty, be reduced to a mere repayment of duty aetually paid. Hereby a new breach is made in of the strongholds of continental protectionism ; and so, in tiw vieious system must fall, though slowly, and not under the force of political economists’ reasonings, but because it too much money.

§

— STATES. [ Advices are to the 13th. The United States Senate adjourned on the Jith inst. Previous

to adjourning, the nomination of Mr Buchanan as Minister to Eng- land was confirmed. We have advices from the city of Mexico to the 6th, and from

Vera Cruz to the 12th inst. General Santa Anna arrived at Vera Cruz on the Ist in the steamer Avon :—“ He was received with the

t enthusiasm, firing of salutes and other demonstrations of joy. The authorities of the city and those recently arrived from the eapital went on board and him to Vera Cruz with great so- lemuity.” aaa ree dye ee podbean wee day wadbagor sey had

again crossed Fiver taken possession wa of Reynosa, A rumour was current that the town of Edinburgh had been de-

stroyed, from some c.use growing out of a new Filibuster movement.

the rapid of the province. It appears that duties in the tariff have been reduced to the extent of 70,000? for the year, and that a surplus revenue will still exist of 200,000/, of which 75,000? is to be appropriated to the sinking fund,

AUSTRALIA. The commercial accounts by the lest arrival are satisfactory, The

yield of gold from the diggings continued. The 1 was high. The provision market was falling y, especially as regarded flour, and the price of labour was rather lower.

From the Eureka digg the reports are not so favourable as formerly, but those who work steadily make a living. . From Bendigo also the report is not the miners having

left for other places in thousands. : Fryer’s and Forest Creek are improving, and some new spots have

turned out well, On the Coliban, near the new township of Malmesbury, gold is found in quantities sufficient te remunerate dig- gers,of whom abou 200 are now st work. — The yield of the Ovens diggings rapidly increases.

eee BIRTHS.

On the 28th ult., at Stafford house, St James’s, Lady Constance Grosvenor, of a son- ie the wife of the Right Hon. Edward Strutt, M.P. a ter. On the Ist inst., at 66 Westbourne terrace, Hyde park, Lady Walker, of a son.

MARRIAGES. On the 234 ult., at the British Legation, Fiorence, by the Rev. Robert G. Swayne,

incumbent of Bussage, Glocestershire Theodore Howard, eldest son of J. Howard Gal- ton, Esq., of Hadzor, Woreestershire, to Frances Amelia, fourth daughter of the Right Hon, Sir George Arthur, Bart.

On the 3d inst.,at St Andrew’s. church, Plymouth, y the Rev. Edward Pickard Cambridge, M.A., rector of Warmwel!, and of the bride, Thomas

Cc. Charlotte, second daughter of Captain George ,Foot, Royal » of Tor

DEATHS. On the 2d inst., at Clifton, Captain George Hood, late of the 43d Regiment Light In

Paymaster of the Bristo! district. On ihe 30th ult., ceistroved on@ Juliana Lucy Sarah, the wife of deeply lamented,

Esq., Royal Scots Greys, and youngest danghter of the Right Hon. Lord Joho On the 24th ult.. at Paris, in the 73d year ofher age, Sophia, widow of the Right Hon.

George Evans, M.P., of Portrane, county of Dublin.

CUMMERCIAL AND MISCELLANEOUS NEWS.

The shipping returns of the Board of Trade for the month ending the 5th April show a considerable increase in the arrivals, while in the clearances there is still a falling off, owing to the scarcity of vessels, caused by previous detentions in Australia. This state of affairs, however, is now likely to terminate, the entries from Sydney and Port Philip during the past few weeks having been numerous, and there being ee last accounts, shat on abchene ideation Us getting come Wen ne ees ms Seacsape ane ie ee le

whic just been passed must be contemplated with a deep sence of tha Gat dus to thane Saeneles item

Seenenine Ga eee weg ae b

United States vessels ... 67,826 ceveseomere 41,204 cecccsecere 77,550

§17,2*1 406,784 548,531 The clearances outwards were :—

1851 1852 1853

; In relatiqnte eansting wesnsde, the nuiesins, seantineintiiing tha. com.

ay ms

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1853.) petition of railways, show a increase of traffic, consequent upon the unprecedented of business

the of manufacturers. It appears that the entered in- nee 1,050,276 tons in the month the 5th of April, 1851 ;

set ae tations ment ages Tk 1 . in ""Tepldly'se Liverpool and ih other ports have increased, Belfast

carries e Be

goin, Raving vinne, with gemien omar other commercial town in the United Kingdom. 1817 cine one in tons, 73,950 ; and in 1850, 624,113; in 1852, 684,156; increase in 36 years, 925 per cent. Since 1817 Liverpool has only increased 558 percent. This fact is of great im and affords conclusive evidence against the injustice of her as a second-rate The importance of the ion of Belfast to the im revenue may be indicated from the fact, that the value of her imports for the past year was about seven millions sterling, and her exports, eight millions ; in which latter we may include about four millions tor

en eee Une 35 seer iran oes t about equa importance, as regards tonnage entering her

port, to what Belfast now is, and there te food reason for looking for.

has already advanced to a point of extension and points to a less rapid progress for the future, whilst the latter is, as yet, but in its infancy, having ouly commenced its onward course within the last few years. The people of Belfast waa them- ‘selves fully alive'to their position, which is ee a the most favourable of any in this empire. bey is one of the safest in the world. Their harbour, by their own exertions, has now been rendered one of the most convenient, affording every facility and protection to the loading and unloading of goods of every class. They have # canal communication capable of great improvement, with one of the inland seas in branching out rivers through

portions of the They bave railways extending on all sides, and spreading their extremities to ‘other more distant lines. They have easy intercourse with all parts of the West of Britain, and tiey have'an ente and industrious body of inhabitants; but, above all, their town is the capital of a province equally po; with the entire ki of Scotland, and in numbers considerably exceeding two millions, who have no other great

int of — it, then, too to imagine that Beltast destined to me one ot the largest cities in the empire, the more

particularly as the tendency is to collect within its walls a body of people, perhaps.as great as are now scattered in Svotiand through

er great cities and towns. The Manchester Commercial Association have addressed a memo-

to the Chancellor of the Exchequer in favour of immediate steps ing taken for establishing a decimal currency. They point out that

the present period of peace and commercial activity, and the nature of our intercourse with the United States and France, where the decimal system already —— demand that the s should no longer be delayed, while the movement‘in monetary caused by the gold discoveries also predisposes the public to give it their at. tention.

The Greek Government has concluded a postal convention with the Glasgow and Liverpool Shipping Company, which to establish & communication three times, or at least twice, a month between Liverpool, Gibraltar, Malte, Syra, — and Constantinople. The conventien is made for five — approbation of the Hellenic Chambers is still requisite. ratifications on either side are to be exchanged within four months, or sooner if possible.

ee

mpleted in two years promulgation of thelaw. At that time the line

will be prolonged by the shore of the Mediterranean in Africa as far cee point to reach India and Australia.

The necessity for improvement in the electric telegraph system of this country, and of Europe generally, is illustrated by a fact mentioned in the Jast American advices ot a message of 105 words having been conveyed from New Work to New Orleans, a distance of 2,200 miles, in asingle hour. The price charged is not stated, but it was probably less than would have to be paid for the most ordinary communication between two towns in this country. '

The laying down of the submarine cable, for tle electric telegraph between Dover und Ostend, was successfully accomplished on Tnurs- day. Several steamers had been lying in the Channel-sinee Monday, ‘with the cable on board ; but the weather had been unfavourable. '

Literature.

‘Tae Bartisu Quarterty Review. No. XXXIV. May 1, 1858, Jackson and Walford, St Paul's churchyard.

‘Tae number of quarterly reviews now in existence—all of them of a ‘sober, en note a good proof of the healthy ‘condition of the nal intellect. It is seriously inquiring into al,

rc

which deserves the notice of the are scientific, literary, and political, and treat jects:—“ The Study of Natural History,” “ **Mortmain Law and Charitable Bequests,” “French Memoirs from © 1700,” “ India and its Government,” “ Effects of the New Discoveries of Gold,” “ America from the Cosmopolitical Point of View.” From the article on the “ Study of Natural Bistory ” we shall quotes: descriptive of the progress by which matter Cissiins spiritualised to the man of science and thethinker, and must —uniless first impressions are to be considered as ultimate truths, the discoveries of the intellect and of time discarded as delusions—become spiritualised to the vulgar :—

: THE SPIRITUALITY OF MATTER. + It is a curious sort of light which breake forth at that point in the series of

the sciences where mind first makes its appearance, We begin with mathe- matics and astronomy, which concern themselves with matter alone, and give us nO rea+on to suspect anything behind the seene, as senses and yet influencing the matter before us. W

some genie, or, at least, of some affections ‘concealed in the matter itself, and talk of chemical affinities, Farther on we reach electricity, and tere -

the phenomena we witness among the material purticies are sostrange that at last we cannot help supposing a presence, though invisible to our senses, and we call it electricity. We might not inaptly regard it as the mind of inorganised

advanced matter. The farther we have Hitherto, the more compl x have our studies become. Matter, which is alone accessible to «ur senses, has fallen more snd more in importance. Quce it was everything, now it is only the face of the clock, and all the wheels and eprings behind it are hidden to ur. How- ever, we Can still wind our clock up and makedt do good service for ur. We advance again, and find ourselves in the field of vegetation, a region not very different from that we have just passed , bat we call the new genie, not electricity, but vitality, and we begin to rympathise with it as being part of ourselves, When 2 flower droops or dies, we fee! sorrowful, aud when it shoote up in ail

=| | |

the vigour of youth we are pleased. Que step more, and we ere‘in the euinral world ; and bere'at lust we seem to recognise the genie es an aequatutance. We are bo longer restricted to what is visibie to our senses alone ; the fernis and positions of matier are mere signs which the genie exhibits. Our business wow does not consist, as in chemistry, in the @iffieult endeavour to connect one of theee signs with another by repexted observation of them, and nothing but them. When we now see a sign, we gv atvonce to the feeling which it indicates, and infer what the next sign will be from our knowledge of that feeling. We do not laboriously endeavour to understand the clock by attentively studying the hands on its fuce. We sce its interior mactinery, avd thence speculate on what will baeppen. Thus what seems the matural order of the seiences— namely, from the more simple to the more complex—is at a certain point of the series reversed ; for in recognising, ae we ascend the animal scale, a something immaterial (sensations, &c, whieh are analogous to those of map), we apply « new method to our investigations, derived from our study of man; a being more complex, it is true, but open to our investigations, because we happen to be one of the specirs it-elf.

The article on “ Mortmain” contains much matter which would be worth extracting had we room, showing the enormous influence and wealth still continually gained by the Romish priesthood by i on the hopes and fears of the sickly and moribund as to the life after death. Against-such an evil no law can. guard; it lies in the general belief, and-its-correction must be mental, not material. The article on the “ Gold Discoveries” impresses on the public the necessity of being cautious in eur conclusions as to effects of the gold discoveries, and sets forth some reasons to believe that the ' metals are now very much wanted, and the present supplies are as likely to be insufficient as redundant.

Tae Oneonicies or Huxay or Huntmepon, &c.: also, Taz Acts or Sterses, &e. Translated and Edited by Tuomas Forester, A.M., Author of “Norway in 1848 and 1849,” &e, &o. A Volume of “ Bohn’s Antiquarian Library.” H.G. Bobn, York street, Covent garden.

Mr Boun’s publication of the old chronicles in a cheap and accessible form is a real service to literature, such us Governments have claimed and received honour for performing. The present is a carefully- prepared edition of Henry of Huntingdon's Chronicles, with explane- tory notes, so as to make it a very readable and instructive book. Some mooted points of history are brought under notice and cleared up, or left in their original obscurity, with an intimation that they are doubtful points which our present information does not allow us to clear up. So edited, cur national chronicles, as published by Mr Bohn, may soon vie in utility with the royal productions of other countries, while in point of cheapness they will be far superior.

Mazzint supGED BY HimseLr anp BY nts CountrYmEy. By JuLes pe Brevan. Contemporary French Literature. Vizetelly and Co., Fleet street.

Tus “authorised translation,” we presume, is expected to soquire notice, if not popularity, from the mame of Mazzini. It has nothing else to recommend it. It consists of extracts from his own writings, and from the writings of his contemporaries, all chosen with a view to depreciate him. No onepiece, letter, or proclamation is given entire—

no narrative of his career is supplied; Lut from his works and the works of his countrymen are culled passages to implicate bim. This is not fair. Mazzini may be the most vainglorious, e pty, mischievous demagogue that ever stirred up strife, but to convince us that he is

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we require better evidence than this book affords. No sensible person will suffer his judgment to be guided or even influenced by such a work, and the author has completely overshot his mark If such literature be the result of the present thraldom of the French press—and the book would seem to spring from the police—the sooner the press is the better will it be for the reputation of France. With such an opinion of the book, we have only to add that to translate it was quite an unnecessary work. Low as French literature may be sunk under its heavy constraints, it must have some works more worthy of

ing translated than M. De Bréval’s “Mazzini judged by Himself and his Countrymen.”

BOOKS RECEIVED. The Banker’s Magazine for May. Lawsoo’s Merchant’s Magezine for May. The Eclectic Review for ° The British Journal for May. The Home y- The History ani ematetase 38 Bocte ond Cates. Ry J. 8. Hall. Day Chambers’s Repository of Iostructive and Amusing Tracts. Chambers’s Pocket Miscellany. Vol. XVII. Cyc Maof Useful Arts. Part XXXL The Part Il. and Co.

Part XVII. Orr and Co.

Che Bankers’ Gasette..

BANK RETURNS AND MONEY MARKET.

BANK OF ENGLAND. (From the Gazette.) :

Ax Account ,pursuenttothe Act 7thand&th Victoria,cap. 82, for the weekending om Saturday the 80th day of April, 1853 :— ]

ISSUE DEPARTMENT. L. z

Hotes (este ... seccrsseseee vee ees ene 31,808,965 Government ded tree .cocoscseseeese 11,015,100

Gold coin and bullion ose....02. 17,789,811 Silverbullion......... ooe pee eee coc eee 19,154

31,808,965 31,808,965

BANKING DEPARTMENT, L.

Capital noe rcececsveeee 14,553,000 | GovernmentSecurities ,includ- sesccesessessscssesesccesecesecerem 8,120,987 | ing Dead Weight Annuity ... 13,221,382

Pablic Deposits( including Ex- Other Securitios.......ccccrcessseee 13,506,745 chequer,Savings Banks, Com socceecscor, 8,684,410 missioners of National Debt, and Dividend Accounts) ...... 3,934,322

Other «~ 12,922,620 Seven Day and other Bills...... 1,427,737

35,958,666 35,958,666 Dated the 5th May, 1853. M. MARSHALL, Chief Cashier.

TRE OLD .

The above Bank accounts would, if made out in the old form present the following result :—

Assets. t. Liabilities. Qn . Circulation inc. Bank post bilis 24,552,292 | Securities rere ero 26,176,127

Other or private Deposits ...... 12,922,620

OLEB cecese res coscessesese

Gold and SilverCein 00 cee ces cee 546,129

Sastetenes' { assets adov neath ba 44,530,221 of assets above . ' gale

under the head Rest. being 3,120,987), ase in the above account

The preceding accounts, compared with icin-06 dank ape m Wi ose 0 ast wee

exbibit— : of Circulation of ervseesscesececessecces £268,517

one % A ae oneal” 000 cee nee eos cee pee coe seveeeses ees 221,333 ¢ OF wrens cee vee ves cnnees ces seseccoceses 284,

decrease of Secursties of 1... ccrccorecsesccrsecccesverseresesee 125,753 Of Bullion Of er ceererocervener seneenreeressvecerers emece «= 99,087

4n increase of Reserve of 200 O88 000 008 088 vee 08 eee ces eee 84,688

The present returns show a decrease of circulation, 268,5171 ; an increase of ic deposits, 221,3337; a decrease of private — 284,308/ ; a decrease of securities, 125,752l, the decrease being of private securities; a decrease of bullion, 199,087/ ; an encrease of rest, 6,648! ; and an increase of reserve, 84,6881.

There is a brisk demand for money, and has been for some s. The terms are accordingiy higher than last week—2} for , and 2% $ discount for the best bills, with an opinion that the

terms are more likely to rise than to fall. The exchanges continue very steady, though they are likely to

be slightly affected by the value of silver, the market for which is flat, and a decline in its price is anticipated, though none has

The East India Company has announced’a reduction of $d on

There was a considerable demand for money on the Stock Exchange to-day, and for the two or three oe days and to-

et was rather heavy. Exchequer bills were at one time in the course of the day at 2 discount, but the

market closed at 3 premium. There was not much business The following is our usual list of the highest of Consols every a J of the week, and the

closing price last Friday and this day of the principal stocks :— Consoxs,

gE

i i a= ome — _ ccommere BO0E cree 1005 By advicesfrom Hamburg the price of gold is about 427 per mark, which

Tueeday ......... ae esa. a Oe at the English mint priceof 3/ 178 1044 perounceforstandardgold,givesan

Thareday rl ia ae => oot Sim being 13 mit toll ve thet. olan eae deomer. ue eoceovess eoeeee ees oscces 1 eereee * , ° a a =) - ie ollows that gold is per cent. in Hamburg than

SSeS

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514 THE ECONOMIST. Closing pr.ces Closing prices last Friday. This day.j

8 per cent consols, account... i pesvnpece 1008 §

Si percents covguccsecocesesccococce |= 08 ececcecce 103% $

3 percen oe do. par socccesee §=6par d

Exchequerbilis,large March 2s 78 sccm, par 3pm _ — —exereTMMO ave ecrsesese par 3 Pm

East [ndiastOck coos scccsssseess 260 2 esos Sen O Bpanish3 percents.er..0eeeee 479 8S entciinn GG

— 8 percents new def. 4 $04 eecesesee yn Portuguese 4 percents... 396 eer pesee Mexican 3 per cents cerssreseee 265 7 coreeeoce a7 t

-_ 5 per COTES cc cvvvcesee cee Gercceeee = eee

Dutch 2} percemts.c oe coe reeere ott qenesbess =f SPOT CONES 20. crrceeesenee 95% § ccccrsess 96

Russian, 4} stock eee cee cos see cee 104 @ eeecee cee 1044 5

Bardinian stock scccccoresseeeeee 974 8 ccrovcce 98 §

Peruy seeeeeseeeceee seseeeensees = ee woceeecee

weocecccocesccccce SBS § evecceese g + t

° New Peruvian Scrip we. 3% 4 Vere ruel t.ce ccc cevcsescesescoscesses 385 9 eee recere

Spanish Certif.ccoccssreseseveree see ove erecerece Tarkish Scrip O00 ete eeeereeeesene = eee ss pee eeeses

There has been a steady business in the railway market in the week, with firm prices, bat to-day the prices tended downwards. The following is our account of the closing prices last Friday and. this day of the principal shares :-—

i i i

ieee eee

RaILways. Cc Closing prices as Ye “ant day.

Eastern Counties ccresscesseses 13g 13€ evcvsesee 134 138

Groat Western o.. uscscereseeese 92 926 ecocveeee OLE OB Lancashireand Yorkshire .. 79 7% esocsrsee 796 80 London and Blackwalls ...... 9¢ 9F ervcceece | OF ' Londen, Brighton, & 8. Coast 105 106 cvveseees 104 1053

London and South Western... 90 91 evcceecse 906 91

North Britioh..cccccccrcscrssssee 35 36 evcccecee | 95 “~ North Staffordshire ......00-8 4§ 4§ dis evvcceree 46, 4§ die

Oxford, Worcester, & Wolver. 52 53 ecccesece SY 53

Bonuth Easterticcccccccevessceseeeee 759 763 essesseee 675 76

York, Newcastle, & Berwick 69 70 erocvrcee 90 Fi York and North Midland...... 594 60% everereee G16 62,

FRENCH SHARES.

Do. 2013 w ct. Bds (former! Boulogne & Amiens shares) 14} 14§ ecovesese 143 143

Paris and ROUCD....coccsseroreeee 454 460 sesseveee 468 476 Paris aad Strasbourg... 354 35 sccssceee 37 376 Rowen and Havre ssessscsssseeee 214 21 eeocccces 23 225

Paris and Lyons .- .0+.00000 eooose 183 185 pm soccvsene 16% 194 pm Lyonsand Mediterranean.eccce serecenee one

Dijon and Besancon sevsccsssses 4 pm scccssese 3§ 4 pm Madras seoccccsescnssssrerseesssesecee 24 26 PM evccseeee 29 24 DM Paris, Caen, and Cherbourg... 5} 5§ pm ec cee eee 6 pm Paris and Orleans ....eccccrereee £2 43 cesceee 44h 450

India Peninsular.......ccccsseseoe 2: 23 pm woecceree 24 2g pm

Grand Junction of France... 2 3 pm eccoverre 26 25 pm of 2¢ 2§ pm Central S008 S08 S00 SER Cee oe eee cceces

The arrivals from Australia in the week have been numerous, though the quantities of gold they have brought are not so large as were brought on former occasions. Five vessels have arrived, and the estimated value of the gold they bring is 402,800. The Admiral brings 22,000 ounces, the Hero 13,934 ounces, the States- man 10,339 ounces, the Kate 28,977 ounces, and the Derwent with 25,000 ounces. The Kate is from Sydney, the Derwent from Hobart Town, the other three from Port Philip. These sums, with the arrivals of specie from New York, Panama, and other uarters in the week, will give a total of upwards of ],000,0002.

intelligence from the diggings continues favourable, pro- mising larger rather than diminished —— The exportation of the precious metals, however, also continues, and the trade of im g and exporting gold and silver is of growing importance.

e proposal to establish a Mercantile and time College in London, which we have already mentioned, finds favour and support, we understand, amongst the leading merchants and ship- owners. To promote this important object a public meeting will be held, we believe in the course of the week, when an effort may probably be made to infuse new life into Gresham College, and make it worthy of the City and of the aeons of its fouader.

The Paris papers inform us that the Chamber of Commerce of Paris has been, after due inquiry and deliberation, authorised to establish a public office for conditioning silk in that capital. From Lyons we learn that the quantity of silk conditioned in that town ~ the months of March and April, 1852 and 1858, was as fol- ows :—

April, 1853... 2,550 bales, weighing about 486,800 Ibs 1852.. 2,340 eee 460,980

March, 1853... 3,165 a w» 575,800 “== 1852... 2,392 eee ore 432,900

COMPARATIVE EXCHANGES The quotation of gold at Paris is about par (according to the last tariff),

which, at the English mint price of 81 178 104d per ounce for standard gold, gives an exchange of 25°17 ; and the exchange at Paris on London at short being 25-05, it follows that gold is about 0-48 per cent. dearer in Paris than in London.

1853.) - THE BANKERS’ PRICE CURRENT.

PRICES OF ENGLISH STOCKS

Mon ——

Bank Stock ,7 per cent ce 8 per Cent uced Anns, 10 ou Spe 2CentConsolsAnns, | 00g 2 $ Cent Anas.,1726

af per Cent Anns, we a = 1084 f

Long Anns. Jan. 5, 1860 a Pteen oe, 1859

Jan. 5, 1860 Dit Jan. 5, 1880

India Steck, 10} perCent .. 2604 2 Do. Bonds, 3 per Cent 1000, 28s 5s Ditto under 500! ....288 58

South Sea Stock, 34 perCert...| a

f

a g 035

ove

P P 238 98 p

i153 Ditto Old Anas., 8 per Cent 995 Ditto New Anns.,3 per Cent

8 per Cent Anns,.175}-« see

Bank Stock for acct, May12... 3 p Cent Cons. for aces, May, 12) i India Stock for acct May Excheq. Bil)s ,10002.. oe a ‘4s P

ze ton ,| = | 3

PST EM TE ess

PEGEERL ELLE EERE PTET EEE Ditto

FRENCH FONDS.

Parie amos | May 2 (May 4

Smonths' 24 87) eS

COURSE OF EXCHANGE. —————

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PRICES OF FOREIGN STOCKS.

i aa | Brazilian, > wreeee cont = eo

Ditto New.5 Ditto New,5 pores 18: Ditto New, 1

Buenos Ayres, 6 per cent Cuba, 6percent ww Chilian, 6 percent

Ditto3 percent — a. » 8 per cent,1825

Ditto 5 percent Dutch 34 percent. Exchange 12 oe Equador vee 63

and

Peruvian 4¢ per cent... Ditto Serip sn. 0

Semen 5 per yg Ditto 5 per aekeaeiel 1841... Dittod percent Ditto 3 per cent,1848

Russian, 1822,5

SEREP ERE IL:

estan! 261 24 ‘961 9sp Sis p (328p

THE ECONOMIST. LATEST PRICES OF AMERICAN STOCKS.

Dividends i iff

dmntiiiilies. and say ise

ie =| A194

4,250,000

7,000,000 Feb. and Aug. 3,006,000 Jan. and July! 8,000,200) April and Oct.’ 5,000,000 ~ and July|

2,000,000 May and Nov.

5,000,000 war. and Sept.| 13,124,270| Quarterly 93 xd 19,000,000 Jan. and July) 41,000,000 Feb, and Aug.) 8,000,000) Jan, end July 1005 3,000,000 | 7,001,000

35, 2,000,

New York City. } | 9,600,000 Quarterly New Orleans City 5 1863 1,500,000 Jan, and July

_ Canal and 4 Banking oe = Planters’ Bank of Tennessee... eee eee

Pennsylvarta oo South Carolina os

New York Life Trust ... — eee eee a

Exchange at New York 109f ¢

INSURANCE COMPANIES,

No. of | ] Price shares. Dividend | Names, | Shares. | Paid, pr. share

sr ba

2,000|3/ 10s Albion ~ 50,000|7/146d &bs Alliance British oe a

-

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od ~

coceooeoocseesose

10,000|l5spen M o- 10,000)44/ p cent Mesa, Invaild, and G

wewnnseswtese eSaunsoeser®

Sit Fost S808

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PESERRELEELLBELELR Oa aT aaa reettit penEEQuueeeegeaveeeggggegggea 3

or woe ere

JOINT STOCK BANKS,

No, of | Dividends ’ shares. \per annum) Names. | Shares | Paid

22,500 | 6i perct | Australasia _ 20,000 | 6é perct British North American one |

31 per ct > Colonial ose \ Chrtd. BnkIndiaAustral.,f&China

} Commercial of Londons. 8 perct | London and Count ove 6ipe&bs' London Joint Stoc ove 6ipe&bs Londonand Westminster 6 perct National Provincial of Eng 5é per ct | Ditto New ws 4 per ct } National of ireland 10 pe & be Si per ct | 8 per ct

eee ct)

ite HES

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:

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bs ~~

ececeocoseceoooesosocY

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td. | caranden! | Shares | Paii.

618,400 4p cont 2,065 ,668| 64 p cent 3,638 310 Bp coms 1,352,752 4 p cent

. 7,000) 1§ p cent 400,000 - |

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THE ECONOMISTS. | (May 7, POREIGN RATES OF EXCHANGE ON LONDON AT THE

LATEST DATES. Latest Rate of Exchange Date. ov London.

£.28 Te esos 3 days’ sight Baris cc cecessecese May © scocee 24 90 eeecee a. aate

anes ome tal £25 5 we BGays’sight 7. s { 460i 774 ou ‘sight Amsterdam .... — wore li 70 peace 2 months’ date

. mis 5 ore) ays’ sight Hamburg wom — 3 meh 13 3} saa Simonthe” date Madrid aaron — 29 roese 61 10-100d coe. 8 -

Gibraltar ecm 26 .coces 5iZa eecece 8 =

Meow York cccssosss — 20 sco 99 t09§ percent pm ...,.. 60 days’sight 2 percent pM = wr. 30 -

we

= ce anhsotephdahh 60 _

Buenos Ayres .. — 60

Singapore secre — 15 wvveee { sooore 60 days’ sight 4s Taa eosee 6 months’ sight

4 percent. dis. — sever

2s 084 to 28034 ne a...

4744 to 479d svcose 60 days’ sight 48°9)4to 4s 10d = ace» 6 months’ sight

3 tod} percent. dis. ...... 90 days’ sight

BIparMisO wees Mar. 15 sssoee 49d to 49$d severe 60 10.90 days’ sight

“BAA w Aw

PRICES OF BULLION. £s4 tandard) Foreign goldin bars, (s esccccscecovessesscesperounce 317 9

Silver io bars ( eccssccccce © & AF

—— $$

Che Commercial Times. Mails Arrived. LATEST DATES. :

America, per Buropa steamer, via Liverpool—Montreal, April 18; 9; New York, 20. Havana, April 14, via United States. Vena Cavz, April 12, via United States. Mxxico, April 6, via United States AUSTRALIA, per Admiral, via Portsmouth—Adelaide, Jan. 12; Mel-

Avogianp (M Z.), Dec. 18. Cars or Goop Hors, March 8, per Hotspur, via Plymouth. , inpia and Cuina, per Bengal screw steamer, via Southampton—

as received 28th ult., via Marseilles 4th May, Weer Inpresanc Paciric, per ae aan —Tampico, April 3 ; Vera Cruz,6; Havana, 12; Greytown, 2; Chagres,@; Nas- sau, 7; 11 ; Santa Martha, March 28; Berbice, April 8; Demerara, 2 ; Trinidad, 10; Jamaica, 11; Barbadoes, 11; Antigua, 12; Martinique, 13; St Thomas, 16; Valparaiso, March 15 ; Cobija, 19 ; Callao, 26.

On 4th May, Pewinsutan, per Madrid steamer,via Southampton—Gibraltar, April 25; Cadiz, 26; Lisbon, 29; Oporto 30; Vigo, 30.

Mails wil be Despatched jie wane. SABDOE. ~

On 9th (morning). ORTUGAL, MaDEIRA, CarE DE VERDE IsLanns, Braz ee FPaLktanp IsLanbs, per Tay steamer, via Southam ory

On 9th May (erenten). for the Mepirersanzan, Eoxrr, Inpia, Cuina, and A ve :

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Ss 882 Sese 8 SEEseEeE REEREEE ;

USTRALIA, On ith Mary (morning), for Unrrep Srares,*baitish Norte AMERICA, *CALIFOR-

wta, avd *Havana, pet Franklin steamer, via On 18th May (evening), for Unirep States, British Nomra America, Bexuupa,

*CaLiIPoRnis, and *Havana, per Europa steamer, via Liverpool On 14th May (evening), for Care pz VERDE IsLanDs,

Sr Henena, Mavritws, +Certon, tMapras, and tCaLewrra, per Calcutta, screw steamer, vic Piymouth.

On 17th May (morning), for the West Inpres (Havana and Nassav excepted), Honpurnas, VENEZUELA, Cakivornnia, CHIL), Perv, &c., per steamer,

pool. Carz or Goop Hors,

via On 7th May omen) for Vico, Oroaro, Lisson, Capiz, and GipRacran, per

steamer, . ® If addressed ‘Via United States.” + Lf addressed via Cape of Good Hope.

Mails Due. Manca 30.—. Australia. APRIL 26.—Cape of Good Hope and Mauritius. May 9.—West Coast of Africa. May 11.—America. Max 16.—»pain, Portugal, and Gibraltar. as ee River Plate. Eey tne

¥ 16.—Malta, Greece, lonian Islands, Syria, pt, and India, May 16.—China, Singapore, and Straits. Mar 16.—West Indies.

WEEKLY CORN RETURNS. From the Gazette of last night.

Wheat. Barley Oats. | Rye. Beans.; Peas.

sa Weekly average,Apri! 50...... eS

_ 33 7 _ 32 10 — 32 5 _ 32 6

| Bixzweek 8’ A VEER E C0 ores one 32 9

Samet 29 66 imelastyear .s

GRAIN IMPORTED. An account of the total quantitiesof each kind of corn ,tistinguishing foreign and

colonia),importedintothe principal ports of Great Britain, viz: —London,Livere pool, Hull, Newcastle, Bristol, »?lymouth, Leith ,Glasgew, Dundee and Perth,

In the week ending April 27, 1853.

Wheat | Barley | Indian | Buek and and Oatenad Rye and Peasand Ban ean- corn cndlwheat @ wheat | barley-| coatmoal ryemeal meai | ndten-/buckwhet {) four | meal i | meal | meal

qrs qrs qrs | ars | -qrs ars qrs ars Foreign ...| 99,804 | 30,238 | 21,306 | 2,631 7,135; 4, 10,250 44

Colonial... 8 | eee ane } oo eee ove wee eve \ oo

Total ... |, 99,312 | 30,238 | 21,306 2.631 2195 | 4,995 10,250 44 Imports ot week OOF COL ESE FOS CEREEE HOSE EROS OOF COE EEE COC CE 70,145 ure.

COMMERCIAL EPITOME. FRIDAY EVENING,

The arrivals of corn from abroad this week have been liberal, and the prices generally are 1s lower than last Friday, both for grain and flour. At that reduction a large retail business has been done.

All the corn markets, too, of the neighbouring continent continue dull. Nevertheless, there is an opinion abroad that the price of corn is likely to rise. Thus, Messrs St ‘say, in their circular of the 5th inst., “the consumption of bread must be large, as the _ of potatoes is far beyond that of wheat, while the quality of the former is generally very indifferent. Notwith- standing present appearances, we ‘should ‘not be surprised to see some advance in wheat, as it is low compared with.other agricultural produce, especially meat: our farmers, therefore, relue- tantly submit to the present prices.” Writing from Rostock on April 22, Mr Thomas Carr says, “‘ it must be in mind that the stocks or crops ef 1851 are used up all over, and that, as the winter proved mild, a vast deal of stuff was got off, which, under ordinary circumstances, only finds its way abroad in spring: less supplies must be expected this ‘season.” Hitherto our supplies have been abundant from abroad, but the abundance is not likel to continue. Much, however, will depend on the weather, whic has been in general unfavourable throughout Europe. The supply of vegetable food for the season is very short; the prosperity of the multitude is generally leadiog to great consumption of bread, and, according to present appearances, prices are more likely to go higker than lower. Messrs Sturge explain the reduction in the prices of cargoes on the coast to the extent of 4s to 58 per ’ quarter, by saying that “ mary of the recent arrivals have proved much Worse in condition than represented in the reports from Gork and Falmouth, but, when discharged, have contained materially less than the quantity, by the shipping documents. These,” they add, “ are ‘now selling at so serious loss to the importers, that we think it will have a material effect in lessening arrivals, except.so far as engagements have already actually been made.”

The market for sugar, which was better last week, has continued to es and prices have advanced generally 6d per cwt more. e sales of British West India have not been large in the week, but the market closed firmly. A considerable demand has arisen for the Continent, and fifteen cargoes afloat have been sold in the course of the week. Refined sugar shares in the improvement, and considerable quantities have been sold at an advance of 6d per cwt.

In coffee there is no activity, and prices are rather worse. The price of tea bas advanced, though the ed debates

on the Badget, delaying the time for bringing into operation the prspenee reduction of the duties on tea, rather check operations.

‘he quantity on which duty was paid in London in the week ~ aoe ult., was 217,444 lbs only, against 634,427 in the same

ast year. The silk trade is improving. Mr H. W. Eatonsays:— I have much pleasure in being able to report a decidedly improved demand

for silk, during April, as compared with that in March. China silk still forms the leading feature in consumption, at least 3,500 bales having been sold at fully previous rate:, the trade generally evincing a disposition to

She cumid ahh afte’ -eumutting 909 $enah-eeb'thentpenee oenemnian as

vanced. The effect of the eee combined with the fear internal disturbances in Chiua may affect trade, seems to be an firmness in this market. The exchange, both in India and China, more favourable to shippers, The deliveries are still very large, more 60 than could have been expected. considering those of months. In Italians there has been-ra.her more doing in throwns, at easier rates.

The transactions in the Liverpool cotton market during the week amount to 55,000 bales. Of these spinners are repo to have a 46,000 bales, exporters have bought 5,000 bales, and 4,000 bales have been taken for resale. The tone of the market has improved day by day, and both buyers and sellers have evinced more confidence; quotations, however, as yet have not acquired any decided change beyond the difference that is always apparent between a languid and a strong market. discrepancy between the actual and the estimated stock at Liver-

1 was ascertained on the 30th ult.to amount to 65,000 bales. large a deficiency, though easily explained, was quite un-

expected, and is moe! Sete as it proves the correctness hairman of the Manchester

ble Z

5

of the dictum of the Commerce, who spoke of 40,000 bales as the present weekly consumption. Referring to the still prevailing uncertainty as

1 ‘

PE ae

“men ES Rial eed MRD Tak a gt Le” 5

1853. ]

the extent of the American crop, attention is pointed to excess of the stock of cotton, which in English and

m ports is stated to be 579,250 bales; but it has been to be shown that the quantity afloat from the United a siieneaeden ,000 bales less than at

year, respective res being, on arrival of the American mail, about 170,000 versus 370,000 bales. Happily

interested in the sabject, the stock ef cotton is now the low ebb it exhibited in A 1852, and those who re-

immense interests involved in the cotton trade, on changes that have marked its and on the

ualties to which the growing crop is always subject, will not be deluded into a false security that a permanence of the present comparatively moderate prices is secured by the stock now accidentally appearing larger than it was twelve months ago, whilst it is well known that in a few weeks hence, the present apparent surplus will have The sales at Liverpool to-day are reported as 6,000 to 8,000 bales at firm prices. In London the business of the week has been about 4,200 bales, consisting of 1,500 bales Surat, 1,900 bales Madras, and 800 bales Bengal, for which full prices have been realised. The ensuing colonial wool sales are fixed ; they will commence

on the 19th inst. The quantity of colonial wool at present on hand consists of 29,340 bales; but as ships are now arriving every week, itis expected that the quantity may amount to 40,000 bales before the sales begin. They will wool market is generally very bare, the demand active, and the prices high.

ae i ie rr

MONTHLY COTTON STATEMENT.

On the Ist of January 100 eemens enenes oes teneseres ene

Importation from Jan. 1 to April 38 .r..cssesse,

1,113,079 Export from Jam. to April 30 cccssscsree) 38,500

1,094,579 Total stock in the three ports, April 4 614,060

{

Deliveries forhome consumption .......s.c0-«. 475,512

Or, per REE cccccocanccestans sep cesccoeseces 27,434

Prices on April 30 :— Ib a cteeneteesemeenaiee eae 544 to 74

ssssesesnssveseve! Bd to 59d | Bed to 4gd GIT, cccnascopsencencocasenssneseee

re

INDIGO. In the month of April there were imported into London 1,274 chests, against 112 chests in the corresponding month of last year,—deli, vered for home consumption 876 chests, for export 1,759 chests- total 2,635 chests, against 3,031 chests in April, 1852. The total importation for the first four months of this year amounts to 4,745 chests, consisting of 1,024 chests Bengal, &c., 3,699 chests Madras and Kar and 22 chests Manilla, &c. On the 7th instant there remained on hand here 24,573 chests, consisting of 17,608 chests Bengal, &c., 6,774 chesta Madras and Kurpah, and 191 chests Manilla, &c. The stock of Bengal and similar descriptions ia Londou on the Ist May, 1852, was 17,157 chests; in 1851, 21,602 chests; in 1850, 21,077 chests; and in 1849, 20,134 chests.

Of Spanish indigo the landings during the first four months of this year amount to 1,226 serons, against 1,557 serons in 1852 ; the deliveries for home and export to 1,224 serons, against 866 serons in 1852; stock on the Ist inst., 1,359 serons, against 1,094 serons on the Istof May, 1852.

Tanuz of the total of Iw: 10 delivered from the London warehouses in first four months of the last five years,

Hore Consumption. Export. Total. chests, chests.

2880 cnsecscnnes SNE damccmemenenne:- GOD census SHSEB 1851 $08 CO@T eR SSC Cee 2,429 O08 SF OO8 188 FOF Hee eee 4,189 COR ee Cee eee see 6,618

1852 eeeres covers ces 4,001 ome enc ene ces see reccee 7,635 seeeeereecescos 11,636

1853 ede cerececes eee 3,459 O00 oe eee eer eeeeee cee 5,984 wee ces eee cesece 9,443

These figures show only for the year 1851 a considerable falling off in the outgoings of indigo from London ; it will be recollected that in that year various circumstances combined to exercise a de- = influence’upon all braaches of manufacture. In the other

r years specified above, 1849, ’50,’52, and ‘53, the quantities have not varied much, being for every one of the corresponding — about 10,000 chests. the seven winter months, from Ist October to 30th April, the deliveries hence have been for the last five years as follows :—

chests. chests. 1 er eee eesoee 16,702 1851-52 OO 108 COD OSE OE HSE SEO SEE SOS 20,649

1849-50 serves meveresssvecerecsese 19,053 csenseccsesoresesscssessees 16,737 1850-51 cccscesersce soseesee ses owe §10,818 TaBLs showing the Exportation from London during the first four months of

the last five years, 1849 1856 1851 1852 1853

chests. chests. chests. chests. chests. enters ceveovenenne sevesnacssovanssessescrsere 14279 awe wane

SOD TSS COs Cem See CER EES SORERE FES ere

181 SOO COR ORs FOS bee one cee COR eee 195 one

THE ECONOMIST. 517. The exports from London, as will be observed, have been less

this year than they were in 1852. To Russia the shipments have commenced on a larger scale thie week.

Taste showing the supply and distribution of crops. oe e Ss.

Total stock in London of indigo in chests, Ist May, 1853..0c.0.0-cessesersesserevere 24,606 From which must be subtracted that portion of the crop of 1852 which ar-

Tived here before May lst, 1853 ......-c.-ecsecserssevenreesarseesseseesessessessecsveree G00 y out of the crop of (851, and what had previously arrived from ———-

Calcutta, Madras, &c., there is here ......... qupsntreccepasncenunsaanannat sccceceseccs | 24,000

has produced, of British and native plantations, about .v.cs.seev0e From the crop of 1851, there were left over at Calcutta®......s00.000008 oo

—_————

Or, at 3§ maunds per chest............ socesceessesessssesecee eothests «6.26, TU0 Which, probably, will be distribute as follows :— chests To ane (POR FOF FOS OOF © © OOF HOE FOE OOS OOF OHS OF HET HOE EED ES OOS ERE COT about re 15,200

SOR FOS COREE EEE COS FES OS + © FFF EOS CORRES FOS COS SESSES ED 808 OOe OOS FOR 7,700

Persia, BR aincemiinetees Oe ORS OOS ERE ED HET ESE TEE SETS HEE FOE EES CHR ORE OOS 2,100

United States OO COO OOe OE OOS PORES HEE CESSES FOS FOE COR FOR OEE ® eeeee errors 1, 109

150— 26,700 course of the en-

niin wae

AOC S08 10S OF ome O08 ORG HOF HOF He He EEE Hee OER OEE Genoa, .

From Madras, Bombay, &c., there are expected here in suing twelvemonth about

Consequently the total of supply to, and stock in London, for the year from the Ist May, 1853, to the 30th April, 1864, would amount tO @b0UE wr. 49,200

® It is supposed nothing.

From this statement it appears that for the ensuing twelvemonth we may look forward to an te supply to our markets of very nearly 50,000 chests, being tthe same quantity as the estimate made a year ago for the twelvemonth just brought to a close.

The declarations for the approaching quarterly sales—10th instant —terminated last Tuesday, being in catalogue A 12,162 chests, in catalogue B 2,954 chests, altogether 15,116 chests; these consist of about 10,000 chests Beogal and similar descriptions, about 700 chests Oude, about 3,900 chests Madras and Kurpah, and about 400 chests low qualities, Manilla, figs, &c. It is supposed that a considerable portion of the sale will be withdrawn.

208 808 008 108 008 OR OES SE ERS TESTES ee ee

C OTT O.N.

LIVERPOOL MARKET, May 6.

PRICES CURRENT. | 1852—Same perio pee eee

Ord. | Fair.; Pine.

per Ib per Ib/per ib per !b\pe Upiand penn re one cos cee cee 54d 549¢ 644 |

oH { 7 Wt eo | 7% | 7] 8 64

sos ene see ceeees 6+

New Orleans seoveeeseoee 54 55

Egyptian 5 7 9 Suratand Madras...... | 3t +t “4 43 45 || oe

7 644 8 44 | Se} 678

Pernambuco ...cse-csese | 64 6%

Imports, Consumption, Exports, &c.

Whole iL Conaumption, | Exports, Compated stock, Jan. ito May 6. | Jan. toMay 6. | Jan. 1 to May 6. ) May 6. ee

1853 1852 1853 bales bales | bales bales | bales | bales | bales 922,896 ) 814,45¢) 632,530 | 684,510) 69,620 | 64,680 748,500

yes2 / 18638 ice | tale, | ts bales 510,580

A steady quiet business has been transacted ia the cottoa market this week. Tn the early part, owing to the large deficiency in the stock, as compared with previous estimates, some animation was apparent, and holders obtained an advance of 1-16d per Ib — previous rates. The market has been more tame during the last few days, and the above advance is only partially retained. The better

of American are firmly held, whilst the inferior are very t to sell. There has been a fair demand for kinds

at previous rates. East India are slightly dearer than last weelr. The sales to-day are 6,000 bales. The reported export amounts to 4,120 bales, consisting of 2,520 American, 380 Brazil, and 1,220 East India.

EXPORTS FROM THE PORT OF HULL. From January | to April 27, 1853, and the corresponding period in i#'2

( Batracted from the Customs Billiof Batry.)

' Other Cotton Worsted | Fou | “Fare” | Tame s | Gute

Ps anteniadiil cen ror }

| 1852, 1853 | 1852 1853 1652 1853 1852 1853 1352 1853 1852 | 1853 To— —X—X—s_aX—sXas_loa_-:?..._?._X} @_}]]].}_—ea_=_—_—_""" —_— -——

coo | aew| wow | 9B) axe | coe | con | M676] 1196 1493 2986 2349 4234 4744 2302 2280

8 2

Woollen | aoe panes

| 18040) 15900 % 67] 79 «80 «(12 «(12 6408 ..

214 358 507) 170 295 267) 522) 9300) 14968 | §15| 538 703 719) 2162 2196 891 867) 6390 3524

25 138) 89 lvOt 1090, 302 273, 128 So mm au em Me hh 6hECUlUCE Ulm ll

oo oe oo ooo - | ooo eve | aoe | oe

ae 2 14 8 21 9 363 322 3 343, 68 285 152 20) 125 1634) 825

13 83) 16,5 | Gk} OE we | we | OH wee |e

—_—-—_— -—_ — —_————

————EE—E

pS egleel

cS

‘oe

a

518 THE ECONOMIST. [May 7, | MS

MARKETS OF THE MANUFACTURING DISTRICTs, MANCHESTER, Tuoxspay Evenine, May 5, 1853.

CompasaTive STATEMENT OF THE CoTTON Trapr. - ee

' i j

| Price | Price| Price| Price Price! Price May 5 | May | Ma May | May May

| 1852. ie 1850. | 1849. 1848, —_s Ss

Raw Cotrron:— |e &@ ile dis dis dia adisa Upland laitcvsesscernserseerseeeeeperib | 0 GE} 0 540 54,0 6f)0 4§) 0 43

Pernambucofair sesenecee ensess sec sny cesses eee | 0 6 © 64:0 7,07 |@ 5/0 53

Ditto g09d {HiT ccorcoccesscccsccoeee O 76 |} 0 Th O 79,0 72) 0 53/0 6 No. 40 Mure Yarn, fair, 2nd quale | 010 | 0 99 0 94/0 16f 0 8) 0 7 No.30 Water do do eves | O 98) 0 98 0 9$ 0 99/0 73/0 78 26-in., 66 reed, Printer, 29yds, 4Ibs20z | 4103/4 6) 4 1655 014 4/3 9 27-in.,72reed, do, do, 5Sibs2oz | 5 ld |S 725 3/6 9/5 3|4 7 89-in., 60 reed, Gold End Shirtings, 374 |

YA8, BIDE 40S srnceseceseerensseseeeveerene 8 § |8 3/8 19,8 9/7 9/7 1h 40-in., 66 reed, do, do, do, Bibs 1202 | 9 6 |9 14 8 1039 7] 8 3/7 6 40-in., 72 reed, do, do, do, 9ibséoz... 10 9 |10 3 10 0 10 4a 8 9/8 3 89-in., 48 reed, Red End Long Cloth \

05 PER Cit ncticcceme eammenee ‘3 6 17 4 7 91F SIS CLE CG

TWIST PRICE CURKENT. (Prom Messrs Merck and Co.'s Circular of May 3.)

'

Best. Good First. First. ExtraSecond. Moe CO

isd@~sa sd9sa sdea sdesda No.4to12 | 1 Ltol 2 1 Otol 1 0 92t01 0 0 84toO Il —- ©, 12 18 sis. 3 8 0 16h 1 1 0 ol ¢ = 30 | 1 44 0 0 1 33 0 6 1 400 ol0 1 hk — w)i4ats |i soo | it 2 | on om _ 50 | 1 8 00 1 6g i 7 1 4815 1 3 0 0 - 60 | 1108 Tl 1 ¥ 110 Ay. 8® 1s 16 oo 7 | 25 0 0 24 00 | 1118 0 0 | 1 & OO _ 890,360 @0 210 0 0 es ee Se Ss — 91/37 00 35 00 21¢ 38 i 26 00 — W143 00 49 600 38 00 86 32 — 120/51 00 410 00 42 00 #4000 Warten.

No. 4 to 12 ino on 09 0 0 0 8 0 8 ~ 20 one ino 016 0106 | 0 9 © 9 _ 30 ans ose 10 00 010$ O11 — 4) on is 6000 00 0 0

|

" | Best Second. | Very good 2nd. | Good md. (Ord. to best ord ULE. — —_—_-_eoor o> ——— ———————

}sase sa4s84/s4s4ifsd4e4 No.4to12 | 0 8ito0 8t | 0 es 7E | © 65toO 7§ | O SE O 6 - 20 | O 8% 0 9 0 82 0 sg 0 7% 0 8 © 74 0 7 _ 30 | © 9% 0 0 0 930 9 | 0 9 0 9 0 82 0 0 _ 40 | 0108 ©0108 | O lek © 0 0 9% 010 0 9.6 0 _ so 1 1g 0 0 O11 0 0 O11 0 0 O1lg 0 0 _ co; 13 13h} 1d 0 © 1 0} 0 0 1 0 0 0 _ 70 | 1 70 0 1 3 0 0 13 00 1 % 0 0 _ eypin se 17 00 1 53 0 6 1 44 0 0 - 9 |} 22 00 110 0 0 eo 00 00 — wo!28 00 2200 00 0 0 ove — 40; 36 38 oo 00 on ine Water, | No.4tol2 0 723 08 0 Th 0 7% 07 O 7 0 64 0 6f i 20 | oO 8§ O O O BF O 8E sake 0 8 O 8 — 30 | 010 0103 | 010 0105 | O 9§ O10 0 9 oO OF ae 40 12 00 60 00 00 00 -

Our market this week shows a slight improvement upon the dull state o thinge we have had to report for some weeks back, more especially in yarn which may be quoted all round 4d per Ib higher, and nothing in stock of an description, everything apparently going off as produced. In cloth a f &mount of business is going on for our eastern markets and South America ; the home trade is also taking off more, and likely before long to increase the &Mount considerably. So far there is no quotable change in prices, but the Prices asked are more easily obtained. Domestics, longcloths, and T cloths are = neglected, and are the most unprofitable articles of our cotton manu- actures.

an

May 5.—There are but few lots of wool offering, and equally indisposed ere the buyers to purchase at the rates now songht, consequently there is more quietness in the operations of the buyers than has been observed for some months past, and we incline to think that the epinners will see the necessity of acting with caution in their future purchases, as it is impossible to be re- imbureed at present prices. The cost at which yarns are now made, suggests the propriety of narrowing down the consumption of wool to the closest point possible, as the consumers say it is impossible to pay present prices for yarns— especialiy for Lancashire, where some . hundreds of looms are nearly weekly tarned from worsted tocotton. The high prices of worsted totally preclude the general use of mixed goods with the printers, and consequently a lees supply is required in the busy districts of the mousseline de laine manufacture. For bome and shipping there is no change, either in demand or prices. There is a fair amount of business doing in piece goods suitable for the approaching season, and the stocks of goodsin the manufacturers’ hands continue limited, and prices firm.

HUDDERSFIELD, Tuesday, Mey 3.—Business continues good for the advanced state of the season, but we believe that orders on hand are mostly for the home trade. Makers continue to be well employed. Checks and unions are mostly im request, and fancy woollens generally ; indeed, the fancy trade at present is extremely busy. There is a falling off in the demand for low quality goods, =— may, perhaps, be accounted for by the shipping houses being generally

| RocnDALe, Monday, May 2.—The piece market to-day has been more in-

active, fewer buyers bave attended, and a more limited amount of business bas been transacted than on the previous Monday. For what has been sold the manufacturers have obtained good prices. English woole are ecarce, and the dealers continue to demand asmali advance. Ha irax, Saturday, April 30.—Very little business has been done to-day in

our piece hall, either in plain or fancy goods; and there is no noticeable change im yarns or wool-, The high prices tend greatly to check transactions in every depertment of the worsted trade, from the raw material up to the finished

parcels, which were on the average about 1s per qr cheaper: damp samples were offered at a decline, but these were not required by the town millers, and some quantity was left unsold for fature markets. There was only a limited business transacted in foreign wheat, as the buyers required a greater abatement in price than the factore would'submit to ; the sales made were about ls per qr under previous rates. The imports consisted of 120 qrs from Amsterdam, 1,150 qrs from Barletta, 276 qrs from the Danish Isles, 590 ars from Dantzic, 450 qre from Dormerseil, 5 qrs from Dunkirk, 180 qrs from Emden, 220 qrs from Frederickehaven, 827 qre from Gothenburg, 776 qre from Hamburg, 84 qrs from Harlingen, 510 qre from Heiligenhafen, 1,400 qre from Ismail, 270 qre from Kiel, 1,500 qre from Konigeberg, 2,660 qrs from Leghorn, 600 qrs from Lubeck, 140 qrs from Malta, 630 qrs from N York, 2,526 qrs from Rostock, 87 qrs from Rotterdam, 720 qrts frota Stettin, 540 qrs from Stralsund, 8 qrs from Struer, 2,000 qrs from Taganrog, 4,610 qre from Trieste, 1,700 qrs from Wismar, and 2,680 grs from Wolgast, making total of 28,219 rs. The arrivals of flour coastwise were 981 sacks, by the Eastern[Counties Railway 5,723 sacks, from foreign ports 1,461 sacks and 8,795 barrels: the trade for this article was dull, fresh suppl one being wanted, and these brought nearly previous prices ; but doubtful brands were offering cheaper and taken to a very limited extent, from a fear of warm weather setting in and the condition thereby much affected. The higher state of temperature induced our maltsters to take very little barley, and prices of all sorts were in favour of the buyers, in most cases a decline of 18 per qr was accepted: there were 1,192 qrs from our own Coast, 821 qrs from Scotland, and 16,352 qra from foreign ports, about half from the North and half from the South of Europe. The arrivals of English oats were only 169 q's, from Scotland 1,204 qr, from Ireland 4,276 qre, and from for.‘~n ports 34,505 yrs. This liberal supply caused the trade to move slowly, and an abatement of 6d per qr was generally taken, the large dealers waiting for a greater decline. The aspect of the market prevented much business being transacted in cargoes afloat, but the holders would scarcely give way in price; the qualities of the wheat from the North’ of Europe throw those from the Binck Sea into the shade, and the former command now most attention.

The imports at Liverpool on Tuesday were moderate, but, the attendance of buyers being short, trade was very dull, and prices of wheat were 1d to 2d lower than the previous week, and flour receded 3d to 6d per bri.

There were fair arrivals of foreign grain at Hull, and the quality of ;wheat and barley being good, no decline was submitted to, but rather lower prices were accepted for English wheat, the millers paying 468 to 478 per qr for samples of red, 63 Ibs per bushel. r

The arrivals of wheat at Leeds were short, and there was a very_limited demand at !ower rates: average, 46s 10d on 1,796 qrs. .

The delivery of wheat was limited at Ipswich, and an abatement of 1s per qt was accepted: average, 44s 2d on 849 qre.

There were short arrivals of English grain at Mark lane on Wednesday, but a moderate import of foreign. Monday’s prices were maintained for wheat and oats, with a better sale, particularly for the latter article.

The Scotch markets have been lifeless and depressed during this week. At Edinburgh there was a full supply of wheat from the farmers, for which the demand was slow, at a decline of fully 1s per qr: average, 47s 5d om 629 qrs. The imports at Leith were 8,481 qre wheat, 8,678 qre barley; holders of the former article would have accepted readily 1s and 2s per qr leas money, but the dealers and consumers held back and few sales were effected. Not much change occurred in the value of barley; a pretty large quantity of Danish has been sold to the distillers and millers at prices varying from 268 to 27¢ for fine qualities, weighing fully 53 Ibs imperial, but weighed up 54, and the market closed somewhat firmer for the article. The imports at Glasgow, both up the Clyde and at Grangemouth, were on a moderate scale, and prices of wheat were 1s to 2s lower, with a decline on barley to about the same extent.

There was a short supply of wheat at Birmingham on Thursday, which met a slow sale at former prices for English: average, 47¢ 1d on 1,413 qre.

Bristol market was fairly supplied with wheat, and the millers took it off slowly at_1s per gr decline on English, and 28 on foreign: average, 438 8d on 238 qre.

At Newbury there was a large delivery of wheat, with a limited demand at 1s to 2e per qr under previous rates: average, 42s 11d on 1,324 qre.

The delivery of wheat at Uxbridge was fair, and trade was very dull at fully 1s per qr reduction in price : average, 443 5d on 569 qra.

The weekly averages were: 44s 4d on 74,904 qrs wheat, 31s 6d on 23,681 qrs barley, 18s 8d on 21,523 qre oats, 30s om 113 qra rye, 353 3d on 4,108 gre barley, and 338 3d on 545 qrs peas. .

At Mark lane on Friday there was a moderste arrival of English grain, with liberal imports of foreign during this week. Dry samples of English wheat were in fair request at Monday’s prices, and there was rather more business transacted in the fine Baltic qualities, at fully as much money. Good brands of American flour were teken off steadily at quite as high rates. Barley was not eo ready of sale: a few very large cargoes have arrived from the South of Europe, and grinding parcels could be bought rather cheaper. The abundance of oats on sale this week brought forward buyers more freely, and some quantity has been taken by the large dealers at full prices.

The Loudon averages announced this day were-—

WACK 00.000 000 000 oe cecces c00 c00 coccoscscesosen coe ses cee cneen ees ove 3,963 at4s

Barley...... Po oer ror rr for 542 35

UBB cc ccccce cos ccccceces cop ececee 00 250 200 coe 000 200 008 906 000008 808 000 6,798 19

Rye ee ee rr or ry 45 29

Beans SOR SER FOS © & OOF SOS OOF SED FOF EEE HOE HET FOS OOS FOS FOS EOE EES SES COE COR 338 33

06 Gacoccoveesas covcevene cscesecrocccccssvcccogocosoeseoes een ese ene 00 70 34

Arrivals this Week. Barley, Malt, Oats. Flour.

rs. Qrs. Qrs. Qrs. English... +0 2,830 eeeeee 1,220 eeeree 4,010 woeeee 20 scons 1,260 sacks

TxEeRccccccsscce one necece oe «seeeee tee eeeene ee oe eee

FOrehgDevveese 17,140 snesee 15,830 soooee soe snseee 17/820 sosee } ce oe

~wOo~ Rom

. Wheat,

PRICES CURRENT OF CORN, &c. BRITISH AND [BISH, Per quarter,

s 68

Do. eereceres 49 56

Do. eeeresees 47 50

Do. svesverss 47 50

Wheat...Essex, Kent, and Suffolk, red, DEW ssssssssene 43 47 Do do WRICE covcsicce covccocss 47 53

Norfolk andLincolnshire, red sossscccesescoeese 42 48 Northumberland & Scotch O@concce cocvescevccvece 39

Es

<a

46 Rye woe cer O ld rosececsesereseesesesece 28: 30s N eoceeteee 28 30 Brank .0e 000 ‘7 28

goods. Barley Grinding ssvcssscoes- 25, 28 Distilling 28 30 8=—- Malting 32 37 Malt......Brown dcccccccocccscoesn 48 56 Paleship owe 55 58 Ware eeeeee 60 62

LONDON MARKETS. Beans sar eames “ppv = = panes a = = — ose S =

STATE OF THE CORN TRADE FOR THE WEEK. Peas ....Grey eiesintinipesianies 32 33 Maple. leaks 34 «35 Bins detels 45 665 Marx Lang, Farpay Mornine. Set eitionad = ~ - OTB crouse 38 40 Demin 48 =

Oats ......Linco’ orks.feed li i9 2 land 4 Tome as 2 moderately Sete vepply of Raglish wheat at Mack lave on Mow BCOteh:AMEUsermneineenemeersennere Al 94 BOtatOwer 23. 38 or ro more genial state e weather, the trade was langui Irish,Cork, Waterford, and Youghal, black .. Now sso 18 12

the sales effected were principally confined to the best-conditioned Do, Galway 17s 18s, Dublin & Wexfordfeed 18 Potato... 26 21 I

——oo——E————E—EeeeeEeEEeeeaeeeeeeeeeeaSsSooooeeeeeeeeeEeEEET———e—eeeeeeeEe—eeeeeeeeeeeoeEeEeEeEee——e———

at prices generally 6d above those ourrent last Friday.

————————

1853.] FOREIGN.

De ae mixed SICIIUEE -couteticienaaeddedtaidienmenicensenned. dite tae Pomeranian, Macklonburg, Marks ,£ed ....0c.ssseseeresseseereecseceeseecee 48 5° Silesian, red 48s SCs, White... ....sccccacersserseneeessssoversoveoyeesee cssecven) SL 52

Do do do, red Polish Odessa OOS FOS FOF OE FET HEF EOE OOO OFF OER HOF OF OS EEES EE EEE +48 O88 588 O88 OE OEE EES FOR 42 45

Repatbam MOTE cceccccenese cosccescecseseccsscse ceosneene dls 42s

French, TOd sco ccorcscccccnseccsessocosccsccssoocccene 45 48 Rhine, red POCO Oe SOOO OFF OFF OOS OEE EES OOS Oe O88 £08 884 ORE Aas 49

Canadian £64 ....rccccccovccssocesscecccetecesscessenee 46 48 Atalianand Tuscan, do sssccsvessereccscvessceerceere 47 48

jan eoeceececcesccecscccossccsscosensn ST 39 Malse 20c YOQLIOW cc cccccscccccveccccccoscsecccscccescoeccesscscccse 30 3S

Barley - Grinding SON Fe HOF OSE HOF FOF FOS OO Oe OEE FOE EES TOR HHe OR Cee 25 27

Beans ... sereeceneengeacesessesossoses cesscecsccsnesescossecses 92 St Peas......White 35s 34s, fine ceccccoscccosooccs SF 40 Maple... 32 3¢

Oats ......Dutch Drew ANAtHICK ...ceccsocccccseversecerseessccesrscceesssceessesesceresssesees 19 2

WASAN [00D .corcereecocccsccerse ccvcnaree senses seseseres cee veccsooseseocceceecseceesee 19 20 Danish, Mecklenburg, and Frieslandfeed Ganccccccocsconccocescccccccecccccsn 618 ai

Filonr...... Danzig, per barrel —s—s6, AMROTICER cco ceosnscsscsne ecccceciencceccvestavewee 681) 95

Tares......Large Gore 328 42s, O14 325 863, DEW see sseovseers, ssecnerseceeseneseseseseess 36 40

SEEDS. Linseed.........Perqr crashing, Baltic 4¢3 ¢83,Odessa 463 488 Rapeseed ......Per last doforeign 24/ 254, English... 24 204 Hempseed......Per qr LALO ccocscccsreescosserscccessorscece 40 4t

Canaryseed... Per qr new 383438 Carraway percwt 44 47 Mustardseed...Per bushel, DROW ccc ccecccccesee ses soo ccvese 8 it

eooeePercwt English white, [email protected] 48 66 —- F do. do. OOS Ree eee eR eee 46 61

Trefoil eee Foreign O08 100 08e OO Fee eee Fee eee eee eee 22 23 Choice... 25

Linseed cake, foreign ... Perton 8 Osto 9! os, English, perton8/ 53 to 8/ 10s Rape do 40 seu. — 53 Os to 5/ 5s, Do — 53 Osto Sé Ss

==

COLONIAL AND FOREIGN PRODUCE MARKETS, TRANSACTIONS OF THE WEEK.

(For Report of This Day's Markets see “ Postscript.")

Mincine LANs, Faipay Mornine. Sucar.—A large business has been done, the market closing with a ten-

dency to further improvement, and strong refining colonial sugars are quite 1s, grocery 6d to 1s dearer than a fortnight since. Low qualities meet with more attention, and in foreign the sales are of unusual magnitude. About 1,200 hhds and tierces West India were disposed of to yesterday (Thursday),

179 bhds and tierces 30 bris Barbadoes, by auction, sold from 34s to 378 6d for low to good; grainy, 41s to 4is6d. 396 hhds 32 brie Demerara brought 838 to 39s 6d for crys- tallised; usual quality, 388 to 34s for brown and low grey. The stock of sugar last week showed some decrease, being 55,000 tons, against 63,800 tons at same time in 1852. Deliveries are steady, being in excess of the former year’s, but will probably be larger, uniess the fruit season is very inauspicious. ©

Mauritius,—13,451 bage offered in the early part of the week nearly a found buyers at the extreme rates of last Friday to 6d advance for strong refining kinds, which sold from 34s 6d to 878 6d; grocery, 353 to 373; brown, 316 to 348; dark, 253 to 308; grainy, 348 to 408 6d. The deliveries last week were 1,273 tons, or 405 tons above the corresponding one of 1852.

Bengal.—On Tuesday 3,527 bags sold at 6d advance for Bensres: low to fine, 368 6d to 39a; good yellow, 35s 6d to36e, No grainy sugars were submitted. A fair amount of business has been done by private contract. Madras,— 1,824 bags soft brown and yellow realised 238 to 31s, being extreme

rates, and low sugars meet with more inquiry. Foreign.— The sales have been upon a more extensive ecale than usual, and

prices do not show any material change. Seven Havana have sold during the week, chiefly for export, at 208 9d to 218 6d for Nos. 94 to 114; No. 14}, 248. Three cargoes brown Bahia have brought 19s to 198 3d for bags, and in chests 208; andtwo of Pernambuco, comprising 6,500 bags, at 188 6d to 198. Numerous parcels have also sold upon the spot, including about 300 tons Manilla at 31s 9d for unclayed, and 3,500 boxes Havana at 379 6d to 39s 6d; florettes, 42¢.

Refined.—The home market is firmer this week, a steady business having been done in brown goods, which are rather higher than last quoted in consequence of the moderate supply ; 468 is now the lowest quotation. Other descriptions are without change. Wet lumps and pieces have been in steady demand. Bonded sugars are quiet as for time past, yet prices do not show any further alteration this week: 10 Ib loaves, 358 to 36s 94; English crushed, 31s 6d to 328. Duteh is rather quiet.

MoLasses.— No sales of importance have been effected this week. Corree.—During the week this market has continued in the same dull state

as for some time past, the sales being very limited, and holders generally evince much firmness, 8o that prices are without change. 100 casks, 40 bags, &c., plantation Ceylon sold at {the full value, from 538 6d to 56s 6d for fine fine ordinary to low middling. Native has been almost neglected, yet few parcels are offering, and good ordinary quality cannot be bought under 47*. The deliveries for consumption from let January are 65,119 cwts, against 58,900 cwts last year. The present stock of 182,092 owts shows an increase of 26,700 cwts. Mocha and other kinds are quiet. Nothing bas transpired in foreign beyond a cargo of Bahia afloat at 44s. CocoA.—The market has been quiet, and no further public sales of West

India have teken place. Deliveries for home use show an increase of nearly 1,700 bris and bags over last season’s, but the stock continues very large. TeEA.—A better feeling has pervaded the market, yet business is still restricted

by the high rates demanded, and the trade do not appear desirous to make any great addition to their stocks until the reduced duty is received. Common congou has sold at 11d for fair, but 109d is the quotation for usual quality : medium to good grades are held for rather higher rates. The transactions in green are generally unimportant.

PIMENTo is in steady demand. Yesterday 610 bags sold at previous rates, from 6d to 64d. The stock of 5,025 bags is about the same as last year’s at same time.

Perrer.—Business has been done in black by private treaty at full rates : Sumatra, 33d to 4d. No public sales have taken place. O1meR SPICES.—Cassia is still scarce. Common cloves are in steady de-

mand at the late improvement. No further public sales of nutmegs or mace have taken place, but business has been done privately at rather higher rates.

Rice.—There is no speculative inquiry for East Indie, and the market remains flat. 2,919 bags Bengal were bought in at 118 for good white. 2,150 bags pinky Madras, chiefly found buyers at easy rates, from 8s 6d to 9s, with a few lots 9s 6d; broken, 7# 6d. 199 tre Carolins, imported from the Continent, were sold at 21s 6d to 238 6d for low to good.

Rum —A large business has been done in Jamaica and Demerara this week, the latter bringing 4s to 4s 2d for fine. Proof Leewards have sold at ls 10d per gallon. BRANDY.—The market is firmer with a steady demand.

Sowing... 56 58 Fine new 24: 27/ Small... 36 38 Trefoil¥ct 24 26 White..... 7 10 Red wcsconee 36 56 D0 scoscocee 42 48

THE ECONOMIST.

are however firm, no public sales having taken place. Iports and DELIVERIES in the past four months, with Stocks at the close :—~

1853. 1852. 1851. 1850. serons serons serons serous

4,605 ccocoe 3,297 convene 5,075 crores 2,488

Lac Dr£.—462 chests submitted this week were bought in at full rates, as there did not appear to be any demand: good to fine marks, 1s 5d to 96 1d; ordinary to middling, 9d to 1s 3d; low, 4id per Ib.

OrHER Goops.—A speculative demand for Cutch has led to a farther advance in price, 35s being paid, and there are now few sellers under 408. Gambier is firm at 30s to 31s, but not much business done. Galls were held for rather higher rates yesterday, and chiefly taken in at 5/ 108 to 6. Turmeric is steady.

Stocns oy Darsattery Goons. 1852, 1853, 1853.

Catch ..-..cosorcorsereetO0$ 728 oe 1,350] Safflower -eesesssbales 2,862 .. 2,264 GAMDbICT.....rcccrsereerceree 378 see 407 | Turmeric .oe...00..dags 1,158 .. 784 Lac dye ............ chests 10,270 ... 7,108} Cream tartar.....casks 412 .. 393

DruGs.—There was not much animation in the demand at the usual fort- nightly public sales yesterday, yet prices showed scarcely any alteration, and & moderate proportion of the goods brought forward met with buyers. Castor oil sold rather easier: good pale, 43d; other kinds—yellow to good seconds 34d to 44d. A large parcel of ordinary and wormy China rhubarb, imported from the Continent, was chiefly bought in, as 320 chests just landed are declared for the ensuing sales. Opium is firmer. Peruvian bark brought extreme rates for good qualities of Carthagena. Oj] cassia sold at 9s 9d; ani- seed at 53 6d per Ib for a few lots. The stock of castor oil keeps very large, far exceeding any former yexr’s; and the deliveries, though steady, show some falling off. Deliveries of camphor in April were 150 chests, and the stock is 4,716 chests, Deliveries of neariy all kinds of East India gums are pro- gressing steadily. Olibanum ia still scarce.

Inpia RuBBEeR.—249 packages East India were bought in at 74d. Gutra PerRcHa was taken in at 1s 2d for good. Linskep.—The market remains inactive. Black Sea commands 46s to 46: 6d

on the spot; 45s per quarter for summer and autumn shipments. MeTAcs-—The only feature in the markets this week is an improved demand

for Scotch pig iron, which has advanced 24 to 3s, 51s to 52s being paid for mixed numbers. Railway bars and other kinds of iron are without change. Spelter remains exceedingly dull. Scarcely a transaction reported in East India tin, yet holders appear unwilling to press sales, and are almost nominal: Banca 1083 to 1108. No further alteration has been made in British. Tin plates are very dall. Copper is firmer, and the recent arrivals of foreiga have been sold. Hemp.—The market is quiet. Clean Petersburg continues inactive. Jate

shows no further change in the absence of public sales. O11s.—A limited business has been done in common fish. Pale seal sold at

331, which is rather lower. Sperm remeias the same as last quoted. Linseed has been steady at 28) 53 to 28/ 10a, with a moderate inquiry, or 58 to 10s higher than on Friday last. Rape has advanced quite 1/ from the lowest point: foreiga refined, 361. Olive is firm, but quiet. Palm has met a ready sale at last week's rates. Cocoa-nut without farther change to report.

Sprinirs TugPenrine are dull and lower. English sold at 46s to 468 6d; American now quoted 483 to 49s. TALLOW.—At commencement of the week a good demand prevailed at our

last quotations, but the market since assumed a quiet appearance, and some sales have been made at lower rates. Yesterday 1st sort Petersburg Y.C. on the spot was sold at 47s to 478 3d. The stock shows a further decrease.

Particutars ov TaALLOw—Monday, May 2. 1851 1852 1858

casks casks Stock this day...cccccorcoree 34,479 seereeree 42,996 ceoccerevere 25,108 Delivered last week ...... 693 ccoccecce 930 cercoccscse 3,256 Do, since Ist June secrsceee 87,750 sevceseee 98,730 seoreoresree 98,081 Arrived last Week ..+.<000s GLO | ceccccee 1,083 acccccccccce 1,498 Do, since 'st Fume coceesee GG,TLL seecvecee 105,192 coesedeceres 82,561 Price of YC on the spot. 38/6 39/0 ....e0.008 3% esererscesse 478 6d Do. Town last Friday ... 395 6d sccrcoees 385 —cavseesesere 495 30

POSTSCRIPT, Fripay Evenine. SuGar.—The market was firm to-day, yet closed without further altera-

tion in prices, good refining sugars meeting with ready buyers at the advance previously quoted. Nearly 1,600 bhds and tre West India sold for the week, including 156 to-day. Mauritius—9,906 bags were chiefly disposed of at Tueeday’s rates: fine strong yellow went as high as 378 6d. Bengal—5,828 bags were nearly all realised as follows: white Benares, 36s to 398 6d; grainy yellow, 378 to40s 6d; white, 4is to 4286d. Foreign—A large business was again done to-day, which is included in our summary of the week’s transactions.

Corrget.—1,008 bags good ordinary native Ceylon sold at 46s to 46s 6d, being 6d to 1s under the late nominal value. «ree bage Trinidad partly sold at easier rates: grey to mid red 3is

35e.

CocHINEAL.—55 bags Mexican sold at 3s 11d to 4s for good ordinary silvers, being lower rates by id. TALLow.—309 casks Australian about half sold at lower rates: beef, of = the bulk consisted, brought 458 to 458 3d. 98 casks palm oii were

en in.

ADDITIONAL NOTICES. Rerinep SuGar-—The home market is rather firmer for the better descrip-

tions, and are 6d higher for the lower qualities. Treacle not quite so muoh in demand. The bonded continues firm without any alteration in prices. Datch loaves were held for 6d advance. Crushed is firmer and in demand, with a tendency upwards. Several sales have been made at 27s f.0.b. in Holland for the middling qualities.

Dry Faurrs.—The only article in which extensive business has been done is Chesme raisins, which are still speculated in at 44s. Further news from

Turkey is anxiously looked for, as also from Greece. A little demand for currants has come on, bat holders are too firm to lead to much bu-inese.

SEEDS.—At the quotations of last week, the trade ruled steady for ail seeds.

ENGLISH WooL.—The demands continues to the full extent, and prices are

again a trifle higher. "COLONIAL AND FOREIGN Woot.—The prices of all kinds of wool remain

equally firm as for some time past, and are likely to be maintained. The

public sales of colonial woo! will commence on Thursday, 19th inst.

eee

- - ee ghaes” as we

pate TG 8 aps ane NEE II tg APIO rt ARIES LEY Sor

RE RS

EEE ———

ne

ae nee

520 THE ECONOMIST. (May 7, HOP MARKETS.

Borovuca, Monday, May 2.—There is only a moderate inquiry for nope ot all de~ scriptions ; but as the supply is trifling, quotations are well maintained. and East Kents, 1203 to 160s; Weald of Kents, 115s to 126s; Sussex, 112s to 120s per cwt.

Fripar, May 6.—Notwithstanding that the show of samples of all kinds of hops is very limited, the demand is in a sluggish state, on the following terms:—Mid and East Kent pockets, 120s to 160s; Weald of Kent, 115s to 1268; and Sassex, 112s to 126s per cwt.

FLAx.— Very quiet ; it would be difficult to effect sales except at some re-

apparently quiet, a good business has been transacted at last week's prices. Sales of cotton wool from the 29th ult, to the 5th inst, inclusive :—1,500 bales Surat, froth 33d to 964 for ordinary to good fair; 1,900 bales Madras, at 3$4 to 39d for fair to

Northern; and 3j4 to 4$d for middling to good Tinnevelly ; 800 bales Bengal, at 844 to 3$d for middling to fair.

Topacoo.—There has been more business during the last few days, and extreme quotations firmly ed. LEATHER AND Hrpes.—The transactions during the past week, although

not equal in extent to the preceding week, have been to a full average amount, and the prices have scarcely varied in any article. In River Plate hides little is doing, as the stock of them being much diminished, high prices are demanded.

i HAY MARKETS.—Tuorspay.

96s ; inferior ditto, 80s to 888; wheat straw, 3s to 35s per load of

to 75s: superior clover, 105s to 107s; inferior ditto, 703 to 80s; straw, 26s to 34s per load of 36 trusses. WHITECHAPEL.—At this market to-day there was a fair supply, with rather a brisk

trade, at the following prices :—Good hay, 84s to 9%8; inferior ditto, 508 to 80s ; good clover, 105s to 112s; second ent ditto, 84s to 100s; inferior ditto, 50s to 75s ; straw, 28s to 34s per load.

Meta still continue inactive. Copper remains quiet, owing to the uucer- at of the trade on the 10th imst.

orders being held back until over thatday. Tin but little inquired for, and prices for foreign are nominal. Spelter and lead

current prices. Scotch pigs have recovered from their late fall in price, and

COAL MARKET. Mowpay, May 2.—Car:’s Hartley 15s 6d—Holywell 16s— West

1bs 6d—New Tanfield 15s 64—Townley 14s 64—Wylam 15s 64. ‘all’s-eod :—Beil and Brown 16s 6d—Gosforth 16s 64—Harton Ifs 64—Hebburn |6s—-Hedley 16s 34— Riddell 16s 34a—Eden Main 17s 34—Hettons Lyons Main 17s 3d—-Lambton’s Primrose 17s 34—Braddyll 17s 6d—Hetton 18s—Lambton 17s 9d —Russeli’s Hetton 17s 64—~

the market on the whole looks more healthy. Stewart's '8s—Heugh Hall 17s 34—Kelloe 17s 94—Richardson’s Tees 16s—Bees 18e— Sidney's Hartley 15s 6d. Ships at market, 63; seld, 49; unsold, 14.

PROVISIONS Wepwespay, May 4.—Bate’s West Hartley 16s—Hastings’ bacon market active; fresh arrivals making 64s landed, and the same price on | '#s—Longridge’s West Hartley 16s—New Tanfield 16s—Townley 14s 6d. Waill’s-end t

—Harvey Wylam unscreened 12s 94—Hebburn 15s 94—Lawson 16s—Eden Main 17s $d—Lambton’s Primrose 71s 6d—Bell 16s 94~—Hetton 18s 3d—Stewart’s 18s 3d—Cas- sop 17s 64—Heugh Hall 17s 34—South Kelloe 17s 34d—Whitworth 15s—Richardson’s

omparative Statement of Stocis and Letiveries Tees 16s—St Helen's Tees 16s—Tees 18s 34—Woodhouse Close 16s 9d—Fothergih’s r a. 7 . Aberdare Steum, 23364. Ships at mirket, 38; sold, 30; unsold, 8. Stock. Te'ivery. Stock; Deliveries,* SEE

OE cents <E cdittias JEON iaterti E., eeees aE LIVERPOOL MARKETS,

METALS, FRI DAY. (From our own Correspondent.)

There is little or no change te reportthis week. In manufactured iron the market is inactive, and generally only a moderate demand. Scotch pig iron has somewhat recovered from its late depressed condition, and prices are from 2s to 2s 6d per ton better.. Most other metals are dull of sale and rather declining ia price.

FUREIGN MARKETS,

8ST PETERSBURG, April 23.

POF ORE S06 OME FEST HS OODSSS* OES OOS CHEESE ESE SER OSE SOE SSE OOS

Bale Bacon OOF OO Hoe COT CORSET OSS CESS L oe EST eESeS Fee

NEWGATE AND LEADENUALL. Moenpay, May’2.—Netwithstanding that the supplies of each kind of meat on sale in

these markets continue seasonably good, and of full average quality, a large business is

Furpay, May 6.—The genera] demand was in a sluggish state, as follows :— At per stone by the carcase.

4 sana ee an ae 95 ro, cash on delivery, offered the Brothers +~— Nothing dene: 5 > ro, on de! were

Ditto middling.......0.10000 3 0 2 —- m corms 310 4 2 Hemp.—A mixed parcel of about 6,000 poods old and inferior clean, on the spot, was Prime large weccccnrcorseee 3 2 3 4 - soesrermmeee 4 4 4 6 taken at 853 ro. Something has been done in clean, on contract, at 85 and 86 ro, cash CCEA oe mneenem 8 . ; os onernrney S . rw but business has been limited, and it may be had at lower quotations, —any 66,48, xt

76 ro, cash ; and 89, 85, and 79 ro, 10 down. LinsEED—Quite neg'ected. TatLow.—The purchases of the week are upwards of 7,000 casks, at advancing rates,

up to 130 ro, cash, and 135, 10§ ro down, for August; aud 132 ro, cash, and 136, 10) ro

Lambs, 4s 10d to Ge 24.

SMITHFIELD CATTLE MARKET. Morpar. 2.—During last week the imports of foreign stock into London were | #0, for May end June delivery. There are very few money sellers.

gumlt aah the toca! supply having amounted to 3,55@head. Inthe same period | W£4THER—Warmer, fine and bright; but the ice continues strong. 1852 in we received 1,944; im 145], 1,647; in 1650, 1,360; in 1849, 1,211; in 1848,

1,090 ; and in 1847, 1,241 head. The imports into Loudon last week were— Beasts, 908 ; Che Gasette.

of which was good ; yet a clearance was easily effected, . * There was a falling off in the arrivals from our grazing districts, but the weight and Fi , April 29. conditionfof all breeds was unusually prime. The attendance of beth town PARTNERSHIPS DISSOLVED. buyers being large, the beef trade ruled steady, at prices fully equal to those obtained Jardine, Matheson, and Co,, China, merchants; as far as regards A. Matheson—J. on Monday se’anight. The general top figure for beef was 4s 2d; but several prime Cogswell and Co., or J. Cogswell and Son, Trowbridge, Wiltshire, manufacturers of

woollen cloths—Ducker, Minshull, and Edwards, Chester, booksellers—Rushforth : B | we received 2,100 Scots and short- Hargreaves, Bradford, Yorkshire, ironfoanders—Davidson and Anderson, Pendleton, horns ; Lancashire, joiners—Jenkins and Woodhouse, Glocester, and elsewhere, wine mer- land, 436 horned and polled Scots. chants—Mainwaring and Woods, Liverpool, corn dealers—J, and E. CopeJand, Cheims- The number of sheep was materially on the increase, hence the demand for that de- | ford, attorneys—Osmund and Andrese, Grea! St Helen's, Bishopsgate street, merchants

scription of stock was jess active than of late. Im the quotations, however, we have | —Herrmann and Verhuven, New Broad street, merchants—Barsham and Co., King~ no change tonotice. The primest old Downs, in the wool, were worth 5s 4d; out of | ston-upon-Thames, cocoa fibre manufacturers—Verity and Richards, Cardiff, the wool, 4s @d to. 4s 6d 8 tbs. ganshire, sailmakers — Dowling and Borthwick, Oid Broad street, Lambs—the supply of which was moderately extensive—moved off steadily at full | Broux, Frenkel, and Co., Bury court, St Mary-axe, general agents; ae far as regards

prices, viz., 58 to 6s per 8 Ibs. W. E. Frenkel—Shaw and Newstead, Ely piace, Holborn, attorneys—Laffin and Wil- We had a good demand for calves, at extreme rates—the best veal having realised | son, Princes street, Hanover square, tailors—Thrower and Harvey, Birmingham,

4s 84 per® Ibs. echoolmasters—Rickards and Ettwell, Salisbury, livery-stablekeepers—C. and A. Hardy The pork trade was tolerably active, and the currencies were well supported. drapers—Jones, Boon, and Co., Coventry, contractors—

and Motherell, Liverpool, surgeons—Rood and Co., Baltonsborough, Somersetshire, SUPPLIES. May 5, 1851. May 3, 1852. May 2, 1853. skin manufacturers,

3 DECLARATIONS OF DIVIDENDS. BOWStS. cc cevcceceeceeceeseeree see 3,976 ven eee secces 8,974 eeseeeresece 4,30

BEEP «000+ 00 cor cvevenececerere erececcccess 23,990 ceoccccseess 24,300 A. Frazer, Neweastle-u -Tyne, corn merchant—first div of on Saturday, ey ececonessiee 28 | 7, or Sa , at Mr Wakley’s, Newcastle-upon-' .

eeveccccsese (96D coscreccias S10 . Petrie, th, confectioner—first div of 4s, on any Tuesday or Friday, at Mr Farivar, May 6.—To-day’s market was supplied with beasts as to number, but | Herosman’s, e

their genera! was very inferior. For all breeds the demand heavy, ia . Cornwall, draper—first div of 6s 6d, on any Tuesday or Fri-

We had ake ie tears cxeone Sma a oven Barns Se aeemie a SIS div of 4s 6d, Monday or Tuesday, an at extreme ra ° >» 10r it div on or ranged from Ss to 68; but a few wary supertee Down qualities sealed 6064 per 8 Ibe. | ot Mr Hope's, Leeds, ~

readily, figures were FP. C. Matthews, of Driffield, Yorkshire, chymist—second and final div of 6d, on any ny - sink the offais. is ‘ ay sex heat ial 4 ——- Leeds. are 7 + ® « \ tow, eweller—first and final div on Monday or Tuesda

Second O sso 3 2 3 4/| Second 8 worn 4 $ 4 8 . Keron, Altrincham, Cheshire, builder— da $8 on T Sano tage on dbeerre 3 6 3 8/Prime Gomnweuha do4i10 5 0 Pott’s, Manchester. atv qn aug Reanting, ab Mts ——— eavcceces cee : 10 42 ere creme 525 4 B. eae — street, and Worsley, Pametahion, glass manufac- Large coarsecalves....... 3 & 4 4)! Ditto out Wool w.. 09 0 0 0 urer—first div of Is 6d, on est. on aD ursda: Christie’

grime onal dy wma 10 Langage orencnwe S$ S$ | Bima cs munatetaer-anama dot ha any Prantay ecveceece 0 cercsccteccns 2 G4 4 ° Tr, mill manufacturer—second div of Is 11 LaMDS....crccees-cvereessrseeses 55 0 6 ©) Quarter old Pigs............19 0 24 0 at Mr Whitmore’s Birmingham. pena ¥.

940; sheep and lambs, 8,400; calves, 304; pigs, 300. BANKRUPTCY ANNULLED. Foreign supply—Beasts, 362; sheep, 800; calves, 240; pigs, 20. William Ward Andrews, Wolverhampton, iron "

estes SCOTCH SEQUESTRATION.

POTATO MARKETS. See ' limited ; still crade is quite as dullas the previous week, owing to quantities Tuesday, May 3. py ey te nl ey ted ag Sy been submitted to. following PARTNERSHIPS DISSOLVED. are :—York Regents, 100s to 140s; Lincolnshire ditto, 90s to 110s ; W. and J. Baker, Wells-vext-the-8ea, Norfolk, rope makers—Jackson and Scotch ditto, 1¢0s to 120s; Scotch Reds, 80s to 90s; French Whites, 80s to 90s; Manchester, wholesale millinere—B:ookes and Biack, Lough ae. Rhenish ditto, 80s to 90s ton. qué: Cooper, Nidigunen, end Battin, esuuueers--Wedhereas became tecsaaee Sourmwanx, Mey 5.—The supply of home produce at this market to-day was tole- street, and Millwall, Poplar, irow roof builders—Mallinson and Son, » York-—

rably good, but the arrivals from are still short, at the following prices :—York | shire, grocers—Senior and Butserworth, Batley, Yorkshire, tenes | ee ee elo Kent and ditto, 110s te 186s: Kent and Essex shaws, | Hudden, ie le Ciapten, dyers—Fricker and King, Trafalgar street,

100 to 110s; ditto middiings, 80s to 908; Scotch regents, 120s to 130s; Scotch cups, | Walworth road, and Hammond, Wolverhampton, oil refiners—

eS i tanaanek tame May 2.—The arrivals of potatoes from Sessewaniniatanione ta Sean, Snimiheonh ens, mina abroed last week were seasonably good, viz. 218 tons from Rouen, 383 tons from Rot- ahia, merchants an sane ' Andrew—Harriss aseeun Besa | terdam, and 149 tons from Dunkirk. Several parcels have come to hand per railway. t Fag ~ ono | | i : =

i : | | i | i | | | lf rf | fi if i {

Portman.—Old meadow hay, 86s to 94s ; inferior ditto, 75s eo old clover, 90s to fF

SMITHFIELD.—Fine upland meadow and rye grass hay, 92s to 94s; inferior ditto, 708 |

ae

|

(4

ilips, Jewin street, Cri Helen’s, street, and Melbourne, Australia,

AW. Wr Senile: Great St Helen Sa, and Seale and Co, commission agents '—R. E. andJ. Puleston, Wrexham, woollen drapers—W. ani J, Barningham, Pandle-

DECLAR amoee we DIVIDENDS. leet street, tailore—fitst div of 5s, on any

D, Mercer, Chureh passage, Spa aro, Bishopsgate street noes, silk mer ores Basinghal! street.

aiv of 64, on any Tuesday, at Mr

, Graper—second div of 1$d, ou any Tuesday, at Mr

ie fal i

‘ ? a , on 7 10, oF any cuneate , at

div of 2s 33d, on Tuesday, May uent Tuesday, at Mr Pennell's, Guildhall chambers, Basinghall

Se ee eT on any day after May 5, at Mr Young's, Leeds.

BANKRUPTS. John Henderson and Christopher Nanson, Windsor terrace, Vauxhal! road, Pimlico,

cabinet makers.

arwickshire, maltster. ee Woodyat, Witton, near Northwich, and Marston, Cheshire, joiner.

ar Hee GCOTOH SEQUESTRATION, %. Burt, Old Monklands, Lanarkshire, grocer.

Gazette of Lact Night. James William Havers, Judd street, Brunswick square, draper. — Went, Gasmendehginnn Lautiens eande tapewatel,

John Honour Croucher, Fonthill place, Clapham rise , boarding house keeper. Jones Woodhead and Joseph Woodhead, Bradford, Ble and file iron manufacturers. Augustus Rapp, C ae eee: Benjamin Calle, Sue ine, iy, and of Bridge howe, Hendon, dealer in mining and

Mersin, Hertford Elvetham, Southam » smith and ironmonger. Gaon

» porkman,

William Martin Thomas Gledhill, Halifax, Y Michael Cox, Liverpool, grocer and provision dealer.

Che Ratlwap Monitor. CALLS FOR MaY,.

_Babjoined aro the railway calls for the mee ty as they have yet been ee ne Se against 260,396/ in the corresponding morth of

year; and the total called during the first five months of 1853 is 3,394,274/, against 2,1€5,3134 in the like period of 1852 :—

Amount per Share. 4 Date —_-—_—_~—_——~ Number

i) Railways. when Already of " ’ due. paid. Called. Shares. Totai. bi; £ada £sd £ 2 Great North of Scotland, : OTIginal 103 coccocsccssere 2 co 4 0 O woo 1 O O veo 27,686 oe 27,686

Ditto, first p sence DB ve 1 BO nce FO 0% uc. S000” oo 8000 Great Southern and Wes-

CeNt. preference sreecerece 21 oe 1 0 O we 1 0 O we 56,250 eee 56,250

Killarney Jumctionsc.tee. 2 we 7 O 8 we 1 O O wee 15,000 .. 15,000 *Lake Constance Basle (208 O00 COC EOE OO* ORE CORSES lat oe 2 0 0 oor 3 0 0 oon 24,000 oon 72,000

Carlisle; 44 per cent. 122 BOs... 1 nce 1010 0 we 2 0 O oe unknown ,.. unknown N shares 14 .0 4 0 O we 2 © O we 50,670 ... 101,340 *West Fianders, 54 per Cent. Preference eveverere 1G wee 8 C O axe 2 0 O veo 20,000 see. 40,000

otal 000 O88 OOF 0e O08 tO HES OO Oe FER OEE OS: O00 ane ene eee eee aes

* nah proprietors are not by th frei compan is 12,0002, but the holdings of

Postponed fe om the 10th of April.

RAILWAY AND MINING SHARE MARKET. LONDON.

Tuxspay, May 3.—The railway market opened with firmness and business in some cases was transacted at an advance. The Irish lines were chiefly influenced in conse-

uence of the approaching opening of the Exhihition. Royal Danish were last quoted i tos ma; South-Roctern of Pranee, j to 2 pra; Conteal of France, 24 to 3 pm; and

Trook of Canada, 1 pm. The operations in the shares of the Australian land, , and mining companies were more ext: nsive, bat a rise which occurred in the

morning was not supported up to the close ofthe day. Australian ultural left off 82 to 84; Peel Ree, te pm; Van Diemen’s d, 20 to 21; Australian Land, 48 to 50; North British Australian, 1} to ¢ pm; Scottish Australian, 2 to } pm; Nova Sco:ia Mining, } discount to par; Australasian Coal, ¢ discount to

ustralia, 774 to 784; Bank of Australasia, §6 to 87; London tonben Pieeeanl or Australia, 2] to 3):pm ; Scottish, and Australian, |g to¢ pm; Bank of India, China, and Australia, $ to t pm; Great Nugget Vein, 2} to pm; Oriental Bank, 50

American Land, 75 to 80; Colonial Gold, 2} to 4 pm; Port 4pm netmapr aeeg Berg b wat Poy ay fable = By EST

ere Port Royal Mining, 24 to § pm; Crystal Palace, 14 to River Copper, 2 to 4 pm; and Jamaica Copper, 5§ to { pm.

May 4.—The railway market was better at the epening of business, cases advanced, but they were not fully maintained up — > oe shares were — higher, owing to improved q

te ii i ES -

itis pills a ; a

g FF 1

i

— i Een comenad to otaiectandiomen ving taken place, which produced a greater effect from the

_ fact of their being coincident with the arrival of the West India mail. In the ater hours there was, however, some recovery, Metcalfe, Port Royal, and Jamaica showing increased firmness. Agriculwral left off at 82 to 84; Peel River, to 45 pm ; Van Diemen’s Land, 19) to 20%; South Australian Land, 47 to 49; North pate, , 1g to § pm; Scottish Australian, 1j to2; pm; Nova Scotia, Mining, 4 dis.

HURSDAY, May 5.—The railway market was stead totam, and French shares in stances we al Danish were quoted 23 to

uth-Eastern of beg » itogpm. In

a se 3

E

business, pm; Van Diemen’s Land, 19} to ; South

Australian Land, 47 to 49; Australasian Coal, } discount to par ; Union Ban’ ‘ft hes Bank of Australasia, 36 to 87 ; London Chartered of Australia, 3 to Scottish, and Australian, ig to pm ; Great Nugget Vein, 2 to} pm;

: z i

stonemasons; as faras regards W. ¥. Tiwrenes, Baty and Widcobe verges and by Greco aoe Warwick | Of comparatn Seren - .

R. and.

521 Stat) Sew

Umperrs, allowing articles trem dan.1 to Aptil30, s0%-03, oh ing the Stock on band on April 30 fa each year. FOR THE POR F LONDON +" Olthosearticles 4 ‘ sbotalieaaaen forexportationareinciuded under head Home oo

Eastand ean Produce, &e.

British Planiation,

Mauritius O06 200 098 #00 one #08 bee eeeee

Pereign Sugar Oheritcn,Siam,& Manilla . Havana O08 698 206 SEE HOE HOE Hee Hee Coe eRe

PRICE OF SUGARS.—Thesverage prices of Brown or ee Sagar ,exelu siveof the duties: —

Fromthe British Possessionsin A merica ... ...... v0» 23 $ oer oot —_ MBUritius seovee sooo

East Indies ........ 28 9 — The average Price Of the threeis s+. ++... 24 0 _

MOLASSES. ee | Duty paid | Stock Weesth diac. corcsscssercersesseeese | 842 3,208 f 1,555 {2,483 | 419 idick i. dite oe

| Imported Exported _ Semecenup.

- | 1853 1852 | 1853 1853 1852 1853 [ 199 = fr) al | gal gal gal gal gal

Ww. India.) a 030 492,300 302,805 402,750) 402,480, a = 1,190,790 E. India. 76,500 45,540| 108,495. 50,4 41,985 io] ai sean iseare Foreign... | _ Sree) 17,730 11,385) 13,860 _ 2520) 78,840

___|_ 553,320 555,570" 570° 425,685 467,1 “460,985. 426,825 | 377,585 1,354,925

As -—Cwts.

2 907 | 877 | 11,452 | 15,94) | 16,073 4,ul 1,911 | 1,088 1,707 | 7,487 at 4,785

a eee 1,875 | 2,718 9,958 | ) 13,159 122,668 | 20,8568 ees —Crts.

Br. Plant...| 8,47 5 8,475

ee 134 ~—SO«Lo7d | 1,084) 3,264) 8800) 6554 7,008 Ceylon 6 24,725 | 24,823 4407 | wears nd 61,486 maser rem ema

TotalBP.| 24,859 | 25,897 | 15,165 | 14,029

2,863 | 12,981 531 |

58,076

Mochs wa... 84 | 6,316 | 10,188 22,968 Foreign El.| 2,443 2,21@] 1,893 2,723 | 2,091 | 11,751) 11,068 Malabar we) me | ow i 156 | 681 432, ‘966 StDomingo.| .. 3,361 21 3| 1022} 2,842 4,796 Hav.&P Ric) w+ | we 853 171 | 1,089 | 3,907) 6,898 Brasil so. ( 13,704! 14,085 } 12,657 13,114 | 26,324 | 40,810) 39,083 African oes eee 14 | 80 one ase 328 647 2383

Total For...| 19,024 32,723 et 9,082

Grand tot.| 43,883 58,620! 30,521 | 23,061

"92,251 | 32,661, 80,327 | 97,641 ' 290,079 274,569

Bick. | 1, ee | Tons =e Tons | Tons | Tons Tons | Tons; Tons

British El... = 4,465 },328 = } 6,584 | 21,809) 12,137 Foreign El.’ 38 | at 291 *#\ 346 959} 1,621

“Potala 3051 | 5,334) 4,756) 1,506 a3 6,027 | 12,268 | 13,758 PEPPER |. tons | tons ms} tons | tons tons tons | tons | tons White seme 45 | 104] an 5) | 89

jot} 508] 334

~~") Pkgs | Pkgs , Pkgs | Pkgs | Pkes | Pkgs y Pkgs | Pres NUTMEGS ‘hao 540 13 413 | 237 ds 1,39! Do. Wild. one eee 3 29 | 7 555 560

CAs. LIG. 920 226 1,358 898 456 484 711 553 Crimwamon.| 2,705 1,743 1,403 1,474 221 213 | 4,227 3,650

——

bags 8,840) 7,002 |

bags bags 8,583 ‘ } 1,395,

Raw Materials, Dye Stuffs, &c. | Serons | Serene Serons | Serons | Serons ; Serons Serons| Serons

3,355

bags | bags

4,798 | 5,025 bags bags

PiMENTO 5,785 __ 1,627 '

Coomimeal.| 3,322 , 2,025 eco o- 4,545 | 8,966 | 10,228

chests | chests | chests | chests | chests | chests | chests| chests LAC DYE. 048 | 2,5!1 eos ove 1,308 1,919 | 7,065 | 10,280

tons tons tons tons tons tons tons tors Loewoon...| 1,364 631 one o- 1510 962 | 1,076 74

FUSTIC a 204 436 eee oo 295 1,402 | 1,384 455

INDIGO.

chests y chests, chest® 9,670 | 20,203 | 24,179

hests | cheste| chests | chests | chests East India.| 1,716 4,725 one exe 11,1838

serons | serons eat ear serons | serons | serons, serons

Bpanish......} 1,513} 3,126 848 1,202 | 1,227) 1,845 j

EE REAR RTT

Nitrate of tons tons tons tons tons tons tons | tons Potass ..| 1,841 | 3,672 oe = 3,020 | 4,309 | 1,407} 3,044

Nitrate of ir F Soda ....../ 1,000 495 ote n 1,262 4511 100) 166

COTTON. — ot b bags bags | bags | bags, bags s | bags

Americar... ea | “e5aT ooo _— “hs “« Tse! 918 Brasil ...... 40! ane ons on 40) 82 44 East India.) 3,783) 37,042] 1. a 14,697, 21,467] 39,345; 61,023 es

kinas...... | Senne 888,679 | Seats 59,990] 631,170, 636,930] 414,270 769,570

Total ..... "678,681 ~ 69470

22 THE ECONOMIST.

ooo So

[ May 7, REF. cont.pdb 0 —Vac Cow, perhs 4 «s @ Seeds ‘a a , SUGAR—

COMMERCIAL TIMES (™@%unamvia.dry 0s 0 8 Caraway, for.olé,pewt 0 0 0 0 EE oe * 225% Weekly Price Ourrent. Do. & a rs. st eee ere ee ores ae See No. 2and3....27 0 0

208 Gee O9e Se eFe Coe 5 eee cee ee O08 OOF 2 he pricesin the following listare “es comme 0 4h 0 6F Clover,red mae Per ewl 4S 0 45 6 ees bs ° ° : revised every Wee arene O 4 5 WHIGC soccrssrsevree 52 0 60 0 on oe ems + om eminen thousein * | BAO ry meceesewneeceree 9 5 © 7 | Coriander vveseereree 12 0 16 0 Aran maadnnrimameemnrat cE Voy Fe 4 Lime & Valparaiso, ary © 5) 0 Gt) Linseed, foreign... pergr 45 © 50 0) jodierrtenensmemmenm 17 G8 8 LONDON, Farpat Ever ine. Cape, sal cnesevenee © Sh 0 8 English evssseeereceeee 56 9 58 0 al 00 200 900 coe ove ces 200 444 Fiveper cent o duties, 0 ¢ * New oath Wales. wm © 3 © 44] Mustard,br, .-..p bush . o 12 O15 1oF 1, Por.\s 6d p ewt timber. o 10 oO y ° or tallow, sugar, nutmegs, New York secccccccsosvsvee 0 0 Q 0 mbit one 008 ove oon ces one N. Amer. melted, p cwr 00 06 hes duty free | Bast India... 0 4 0 9 er lastof 10 greene 0£25 0) & Petersburgh, iss YC 47 0 47 3 , were vee te Kips, Russia,dry......- 010 © 11 sin ota free ide iso a © 8. Wakee nc ccn sand. 7 °

ONtTOR ! ecewcse crscee 8 Horse, hide 6 0 9 6 Surda ene conees cee = 1s 9 3 0 First sort Pearl, U.S... 28 © 28 6 | i ne a Cossimbuser wu. 12 0 15 6 5 0 18 & Montreal......-«ce++ 28 o 3% 6 | digo duty free y Gonatea e000 ons eee eee OOF l2 6 = Tea duty 201d per ib

Coon duty B.P. 14 p 1d. For 24. Bengal ---rresewee POT BR 6 19 7 5 | Comercolly wnemrm 12 0 10 0 | “Coreoucomtobutmiddd 0 198 0 1 estindia .... perewt 29 0 42 0 semper enmence 5 9 8 S| | Benteeh, Be. wmww | 6 ip 6| te etende me 6 te 3) s Guayaquil sorsereseernee 34 0 35 0 Maras ee see ces seeseeeseeeeore 2 0 5 3 | China, Tsatlee sx---sree - 6 30 0 fine and Pekoe kinds 1 44 2 © Brazil --00g 00 coeces ove coe sas 0 2 0 Kut pab ceecessscseeeeee 3 0 6 8 | Raws—White Noview 23 0 25 ¢| Souchong,butmidtofine 0 10g 2 9 Coffee duty 3dp tb BMaailla ao cccccoccccscsen cose © § @ @ FossOmbrone ove eve 20+ +* 90 0 22 0 | Pekoe, flowery swum 1 4 4 0 Jematcs, good middling Spanish eccccccseccsscsssscee 3S O 5 41 Bologna cre-ene one ene con ene 23 6 OTAN ZC sev cee cvs covace see 0 0 o 0 to fine..bond, pewt 60 © 90 0 | Carscc® onc--ocssscacee 7 6 8 © Fritli se. scocerseeseeersee 18 0 a SCONE cercrcererrerree 1 9 3 8 fine ord to mid covcee 50 0 53 6 ather, pe ri Bezel a wownssnnsnmmn $8 : 23 ; OOlONg on ver.ceeeeene0e0 vee 20" 0 ll 1 9 Berbiceand Demerara... 6 0 © 0 rop Hidse a 80t045BR 010 1 3 © SUpeTlOr-rsereormwe Oe 0 25 6 | Hysom Skin sem move os ito@

a eovene seeesooee 9 E sh Butte 16 2 1 15 BD sen cor eon sonene ove one Hyson, COMMON oe... 00 Ceylon, native,ordtogd 45 6 47 0 nas 28 36 #1 1 i410 | Oncanzines 29 iniddling to good... 1 8 I plantation, Foreign do ..16 25 101% 8 Piedmont, 22-24 +0 28 6 6 BO ctaivabicumenmidenty Git>tanae en ae ee 28 86 1315 Do 24-28 we. 27 0 28 0 Teene liyeon; Canton ol 1¢6 fine ord. to middling.....50 © 60 9 Calf Skins ose 20 85 1 8 1 6 Milan & Bergam, 18-22 28 0 29 0 fresh and H a8 88 Cheribon & Batavia, yel. 49 0 52 96 do tee) 28. .3 0, aim 24-26 26 6 : : Gunpowder, — ol 14 pale and mixed «00. 44 0 48 @ ao ase'@D 200 28115 De 28-32 26 0 76 fresh and Hyson kinds 1 6 3 6 Sunsire and Padang ~~ 41 @ $4 0 | pesssing Hidesecscccccc. 1 | { 3 | Trame—Milan, 22-24.. 26 6 2 smgeetecccntioeeen a Madrasand o- 44 0 60 0 Shaved do ooccese cose 1 2 1 6 Do 24-28 ..- 24 6 25 & Timbe a eae

ees eee & . Se. Horse Hides, Eng «- © 8 031%) Brurias—Short ree! .. 14 : ? 2 Dear ignte 64, B.P. Is per load, tg es ish, per hide 9 0 12 © | | Long G0 svswesemseen 13 3| Dantsic and Memel Gr 70 ¢ to 80 9

sienank oat maid 46 ° ~ burgh,perfs 1 1 1 6! Persians sence 13 3 Sent eaiilietnte 10 Om 75 9 a 46 60 x ° Kipe,Peterbar on @ 101 6 8s s, in bo 3 04 Swedish 0c+0ec0ereee00 — 64 O— 70 0 Hevene and Guba, mid. ° “* © |mgetals—CoPpPEi Purren, eiaber-prib 0 24 0 43) Crest eanine mn — 0 Om oe ¢

a fi . 5a OO } Sheathing, bolts. &c. i 2 0 0 Eastern ..ccceseencess a 36 1 2 oe geliow pine,large 70 o— 85 0 f ” aon daneaken 0 65 @ BOttOms we.recsccsesseoeee 1 2 © 0 Siiamiinveeianan 0: Now Guaieatdl Gente 85 O— 95 @ ; ae a ans at 0:1 45 Eiadmdoeenen 3: 004-04 Pemmeadey ta Ole ° 6 do. small 60 0— 65 ¢ a seeece 4 0 Touch eake,...p tonZ117 0 00 and ¢ occvameccece leadte Geiaidisindinteie 100 O— 110 @ \ i i - 0 6 0 Tile bated anaes 7 0 00 CinNAMON duty B. P. 3d p tb, For. 64 Baltic — 00 pee ene ces cee cee 70 © — 100 0 *4 - Cotton are perlb © e@ 42: TRON perton 2 , Ceylon, 1, 2, 8.0 se0e0- 54 1 g African — duty free 0 160 0-— 200 @ & * R a A adeneeee e 43) Bars &e.British..w 9 0 06 9 Malabar & Tellicherry 9 9 Indian teake duty free... 240 0—260 9 ty 2: Biahthensee dbo o . ° i Nail rods seccscceseesees 10 0 e 0 Cas. LigwEa, duty B. P. Wainscot logs, 18ft. each 75 6 — 105 0 as ‘ae ; Madras cccccs cove cove ° 3+ 0 NS iat aap 120 606 ldpis, For8d..pewtlis 0125 0 Deals, duty foreign 10s, B.P. 22 per lord, ; ; 4 Pernam eoeetereecesce ° 0 ee BOER isiestiiens ecneks ine 13 0 oe CLovsEs, duty 6d Norway per 120 Of L2ft. 00000 £19 to g4 at Bowed Georgia --v-r. © 5h 8 68) Deerel Wales oie 8 $ | Amboyes and Ben- Swedish — Lf sme 1994 New Orleans ere eeee ce 0 0 0 0 ° , = COOIED. .ceecees pir 0 72 1 1 Petersbur, standard 14 = - @©e0e¢ Bars, &c. ecccsccccee 8190 0 0 j 9 63 @ 7 Russian, 8 18 St Dominge wveseseeee © @ 0 0 | Ple,No.1,Clyde.. 215 0 0 o cened See? oe 3, | - Cenate st pte wneeremeee 38 HF 4 Egyptian cccccccoceee 9 'O © : = tyardinaie emer : 7 : : eee Ot = : = ; — spruce, per 120 12ft .. 164—184

+ Smyrna eee coeet “sees 0 0 e sh heet on ee . 0 0 6 AENUE ospocaageneore Dantzic deck, each exo cgbyes ese 178 to 945

& Dyes duty/ree |: Saupe ee cee 2610 0 9 | Mace, duly Ib 27 8 9 | Staves duty free : EAL | white do 10 00 land? + eeat 20 840 Baltic per See

ee TT it | jenn... 6 8's pirite—hum duty B:P 822d p pais, | Quebec anne ie tite | oe Spanish pig,in bond 2310 0 6 ’ Tobacco eperib a ‘ ‘ ‘i ; Mexican sliver so... 3 8 312 P pig, n For. b, bond... © s 7 Gea Sros ¢ $415 | aBBRapeAa haces fo GEaMom on |. ataetapetinee 2 8 3 F jaa — 0. 9.4.| SPRLTER: tor per iense lo @ 9 0 t0 G5 wccmnene 30 8 8 |p me Eten © Oh v4 ft Gimporecccce 120 11 | TIN duty BLP. ep ows, Forse Qnomarts nnn 4 8g 9 [RMMURY lethcmmnmnn 0 2 8 hy ; Tenwiaic English blocks, p ton is - . Demersra ,10t0 20 O P 2 2 2 4 INegrohend scscsrseseemmen 0 6 I] = Bengal . ......pewt ll 6 is 6 Beet poeccoarspes BO 60 40 coerce cee carves vee ; 6 28 Columbian leaf secscsssrsvreee OL 6 Java and Madras. 9 9 12 6 | Banca, in bond, nom. — 0 c | Leewardl.,PtoSOP — 230 111 lgyane cecsrcsrerserermer 10 6 @ t sisindin cho sititajbten @ 0 ¢' om PLATES verbex East India, proofs. 1 9 110 |dayana ar 7046 ‘a RP 2 Tanna Jaronics ce Geet. to Od Os 04) Brandy duty 15s 0 gai Tuxp ntine duty For. Spirits be 4 > a Cute ... cece cceccssersce 6 $ °° —— ic ee e0ce 27 0 9 o” f 1847. Pp 7 6 ha7 » Roug ecve POr cwt a@plo 6 ll 0 y i SAMBIEF .....-000000 : "B.D. 2004 Vintageot | '848--- 7 4 7 6 | Eng. Spirits,withouteks 47 09 47° 6 ee 1 - Dyewoods éuigire $0 £8 plasqes éuty B.P. 329d, For.bs34 let brands 41849 7 2 7 4 | Poreign do., with casks 49 9 0 ’ =| Batt Woon....n.pton 0 @ © @ fon ap mpewt 0 . : e IR5Oewwe 7 0 7 2 | gego]—Enotise.—Per pack of 240 Ib : CAM WOOD sce seereesereseserere 18 0 28 15 BP — i ° i LBB5lewwe 610 7 @ Fleeces, So. Down hogs 19: 6s 20; & . BPUSTIC, CUdB wmeeeree 910 10 0 Olis—-Fish BAIR veseeveee 0 e Geneva, COMMON www 2 1 2 2 Half-bred hogs w+... 18 0 19 : FAtaetee wremevensen 919 f S|” Seal pale, p20 gel dp oe bo os 18 tomes Ff 8 8 | Kent feeces momen 16:10 17 39 Gavanilla ........0. 510 6 0 Yellrw »pro2zg Pr 52 9 | Cormapirits, duty paid. 910 0 0 &.DownewesXwethers 17 © 17 10 ; St Domingo.......... 5 @ 0 0 Sperm ne oie ay Oo | Maltapirits, ditto. 11 0 129 6 Leicester do sss 1519 16 10 «Si ZANLO cv cecevescerereee 7 0 9 0 a ato ; 93 0 |\Sugax duty B. P. 10s or ils8dpewt, Gorts—Clothing,picklock19 0 20 9 Loewoop, Campeachy 7 5 7 10 peepee sume 22 OSS © For, 138, 148, of 15s 2d Prime and picklock 18 0 18 10 HODGUr Aas wvesssseee 510 & 15 eee meee 3515 36 0 | British plantation, yellow 25 6 29 0 CHOICE oevververeereeveee 47 0 17 10 JAMAIER wneveorsonnvwee § 5 $10 | reel sell.cpertus € © 69 10 DIOWD sesssvesesessseserveeee 21 6 25 0 BUPer secsrvsecsveeeee 16 0 16 10 Bt Domingo sncvcenee 315 & 0 5 Sh abe Shaite 65 © 66 o©| Mauritius, yellow... 24 0 27 6 Combing--Wethermat.26 10 2) 9 Nicarnaeva Woop a Le os 20 37 0 DOWN covers see cerersecreee 16 0 24 O PicklOck seccceccesoeere 18 20 19 20

Lima ee 000 ben cee ees see eee 16 te W 5 a. ote 39 41 e Bengal,cr .. , good yellow COMMON seveccoverevece 1619 17 0

BOLid vreeroerrwareneerere Ly 8 15 0 | SOCOR TUE ween es 36 0 and White wsresene 27 6 $1 6 Hog matching s+. 9810 24 10 small and middling... 8 9 12 = chee sent = 5 28 10 Benares, grey end white 25 6 3¢ 0 Picklock matching 16 10 19 10 RED SAUNDERS «..ccneee 5 5 5 4 Bias emennan 46c64 460 6¢ Date, FOUloWeesensssereeses 21 9 26 0 Super dO woes 1610 17 19 baran ee ee 12 0 M oe Pelorohe ferkess ss es ord to fine brown......... 16 6 20 6 Ponsiox—duty free.—Per lb

Fruit—Almon 3 8 | Do onke(English)prtn 7 I5¢ 8! Os Penang, grey and white... 24 0 26 6 Spanish :— aee Seana uty Shop owt, 8 8 ° do Foreign 615 9 0 brown and yellow... 19 0 23 6) aie een, R's, F's,&8 1 5 16 a once eet ecee : 0 : 0 Rape, do BB crcrccsem 5 23 e0 Meteecaupay yryw ane 94 0 30 of Begovia eee 000 cee 800 ose I : ; 4 ‘ e ee $08 one O00 one see » ee ee WILE cee vee nee nes ove ver eve | OB cee eee eve eee cee 4 3

Barbary sweet, is'bond 210 % 8 Provisions—4// articles duty pola. brown andsoft yellow... 17 0 23 6) a es 2 ee , DItCOF w.-nom. 0 0 o Sutter—Waterford..... 66s o 94 0 | Siamand China, white... 22 6 25 Bevillescccnrercsvee 1 0 1 g 4 Currants duty 15s per ewt 0 ron oe 0 00 brown and yellow .....17 0 21 0 German, (istand 2d Elect3 3 4 § Zante & Cophai.new = ¢ 2: | Fenn ie oS oS 6 Mpsilia, yellow endigmy 30 © 31 8 / sare, Prime mnmee 2 6 5 8 OLD ser cee rer ene ver one puasoeemverconnane TOWN see cee eee nes orenne one - BOCUNR 60+ sereee 2¢

Patras, old wwemem 210 3 8 atin Sis oo $108 : Java, grey and white... 25 0 26 6 lesan COFti® serversree 1 8 La). "'Ferteg nw ove i es —— oletein, fine aaa peeen eet Perwee eoeece : ° = oe ated ee 3666 urkey,new, p cwtd p eee Havana, white ...ccccsecee 27 , TIMMS succes 2 Q

med 208 ews ee ee Brazil, grey LOaes eee tertia .... 1 9 Pinte daly om ona eo 0 : a ene wm © © 0 0 eon and yellow... 16 6 20 0| Hungarian | ramb’s.... 2 a z : Imperial cartoon,new 0 0 .s ae ~~, @ 74 @ | Porto Rico, muscoy. ord. | Australianand V DL

Raisins duty 15s per ews 112 Firkin and keg Irish... 60 0 64 9 | REFINED duty Br. 13s 44, LAMDS covsensevervsereevee 1 02 9 4h Ei Denia, new,pewtdp 1 9 7 cocan ad ~~ 26 8 0 | For. 20s 84 Locks and Pieces... © 8 1 g . Valentia, new 00. 114 116 Cask do - pe 60 0 0 0 Bounty ind. ship, perewt, refined 12:€d, | GTeASe sereeeserereroe O 7 | Q 4 ‘ Smyrna, black www 1 15 2 8 | Pork—Amer.&Can. pb. 0 6 0 o | dastarde 208 Skin and Slipe «0... © & 1 9 4 4 red and Eleme..... 2 : 0 © | Beef—Amer.& Can. o teiss 0 140 0 | Dolonves,8 to 10Ibsree 50s 04 sts 0d! 8, Australian & Swan River j SF Sultens,new, som. 2 © © 10 Inferior vito © 0 6 | Equaltostand,l2toi4ib4s 6 49 © | CombingandClothing 1 3 1 9 ’ i Muscate!, new, 3 £8 Cheese—Béam .....,.... 48 © 54 © | Titlers, equal to stand 47 0 48 0 | LAMD6 eens sereeeerrveree 1 2g , 4 Clax duty fe £ ° 6 Gouda seen 46 0 52 0 | Ordinary lumps,45 1b... 46 0 46 6 | Rocka ssh Sisee sins o7 15 oF ,PTR....perton 42 ° . nnn aneten oe 08 Wet lumps ncccciscocecene 41 6 43 0 TORVC oor vescssecvsesenceee O 8 1 24 | rere 2s 8 6 Bee nn eS ge! 0 omen 86 8 at 9 | _Gkin end Slips cams 010 1 © j 4 rs 6 duty B.P. 6d pcwt, For. ls Bastards weno 37 § 35 0 | Cape—Average Plocks.. 0 8 1 9 4 Friesland Ee e SP nepal ana te @ 34 0 | Treacle cccvsssaneeee 17 0 19 0 bing and Clothing 010 1 31 N Romp <i _ Bengal, yellow & white 8 6 11 6 |Jnbd, Turkey lvs,lto04 lb 43 0 45 0 LaMDbsevvnserevererem O1L 2 8 4 cera *o vo 10 © C | Javeand Manilla 0 & 6 13 0 | 1010 dO cemscp 35 6 0 0 GTCRSC 000+ wevceyvorerrne 9 6 iat e 08 © duty 64 per ewl. VATD dO cevcee vee sce nee a ae : o . et ie ie 2 “ s

—, wees os $ eg a 3 3 é on "4010 48 1Deveccme 31 ¢ 2 ° Clare anno ° “a8

Rea we re

eee ———————————————————EeEeeeEeoe——eEe———EeE—————e

————0—“‘w0w—E—”

1853.) THE ECONOMIST. 523 Che Sconomist’s Punmaron and as Share hist.

highest prices ofthe day are

Lon doo. | s genni erocks AND London:

London: | wi Name of Company, her 3 t. Fe |? fl == Mame of Gompany,

re —_-_--_ onenkaae

100 |ADCTACON ee ove vee corse sreseeeee’ 80 | 30 (Stock 160° 100 York, Newcastle, & Berwick 703, 71 | 341 jl Ambergate, Not. 1 Not., Boston, & a ‘0h ‘109621 95 2, on 5 a 38 ‘| iaee0 >

AGIOS mse) | ‘ge ta, — G.N. E. Purchase ......

pion am | Stork 100 and North Midland ... e a | ton, and Stour Valley LOB see nee me vor NES LEASED AT I 8

ANd Exeter ..- 000 c0es00 nes (es | FIXED , te ik Stock 10 100 <a

Chester and iciyiondnaea 3 | 24 r al without »guaranton mm = Dublin and Belfast Junction 50)| 5% 30} |Birmingham, Wolverhamp- i East Anglian (25/ L. & E. and L. and D.) sesceseesseene eaiess anebnees 1 eo Stock 190 {100

\Clydesdale Junction.. ... +00. 56 o* ) st 8

East Lincolnshire, guar. spe te “am \ } Gloucester & Dean Forest ... 17500 19 Hal] & Se@ldy cee 10+ 000 200 000 miata 134

Fete i Hit pees

g

sshsesesess §

— co $ ee - HA1V 08.0. 202 vee ces eveees cov see, a 8 _ = EB oes one son sos on sovece| 28) Fy ! eee

soney London and Greenwich on | 11136! | 20 | — ees —— P evnsee | asm a EP

aig ae ak ae laos came | 10 forks. Mid., H.&S, purch. — 6 per cent M 82500: si 54) hester ,Buxta,bitiock | nt wel | “- . | Stoek 100 100 Midland cpersndre= FOREIGN RAILWAYS. | 16862 50 50 Northern and Hasara, 6 pet 7 26000 90 20 ‘Charleroi & Erquelines ...... smeees

168 esl — | 14620) 25 25 | Preston and Wyre cvceen enone) ono senees = 50000 30 ° \Bast I Indian 2. see serssesenens| 26 Stock! 100 100 | Wera0 12g) LNB — Halves (A) coe sever eee nevece|serees|mm || 100000 5 6 |Great Indian Peninsular...) 7%) 7

| Stock 100 | 100 oven Witehens. severe, 5 ae of 201 4 °° 19 — (Ball way joes ow we re wr asnore 4

l40u0, 25 | I { '° Roth,, and Goole, 1735 33b 274 Maria ARDTODIB 00 000000 cee 000 09+) on ecn)to0*r*

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OPFIOIAL RAILWAY TRAFFIC KETURNS.

Capital | ee | | eae 233| wits a ta Amneene | Yr annum secpseseeliatiaintiamdslindiapateiiiti aah entities

= | onpaid-avcapital. Mame of Rellway. Weeks lp ‘Me: chandise Bame| ae © en ia a ending | Passengers, |. inerals, Total | Week | 3 { 1849 | 1850 1851 1852 | | Parcels, be. cattle, &e. | TeCetpte. | i959 | & esa | 1

£ “e|a\se|4| at ea Boe OCR al ee é 332 = | o- ~ ane oe «= ow April 23) 750 010 | 900 0 @ | igse @ o| 1545 22 | 72 | 78

613,333 1 1 2 Belfast & Ballymena. = 30, 424.53 2 31319 1] g3g32 40] 674 20 | 378°| 372 3,150,000 | 1,980,892 | 60,0297 | 5 | 3} 1 re Birkenhead,Lancash.,&Ches=. May 1) 948 16 3| 846 4 6/1795 0 9 | 1879 54 | 3) 4,297,600 | 3,069,257 | 35,805 as) C8 4 4s ‘Bristol and Exeter «= «- April 24 3185 11 6; 2253 3 0 | 4435 14 6 50 | 855!) 86 8,859,400 | 7,745,469 | 40,981 | w= | o | 58| 18 C&ledon w=; 17) 8860 @ 0 | 5764 4 0) 9236 @ O | 760 49 | 1894 | 18 4,339,339 | 4,144,980 | 4 en Chester and Holy iyhead... oe 24 2497 @ 0 | 1010 © 0/3507 @ 0 | 208 37 | 949) 94 1,270,666 | 983,970 | 18,497°)) 1 ig) “2 | “24 Dubling Drogheda = =| 30 859 9 Of 244 5 8 | 110314 84) loll, 20 | 53 | 58 670,000 | 451,250 | 75,208 4 | #7 7 | 10 (Dublin d& Kingstown — o May 3 sscvovssessrsonsee|ssesie vonessmrem| 1544 3 2 1606 257 | 6 6 5, 257,995 15,4¢4 eee oo one ee |Dundee and Arbroath. «| : 244 . 7} £32 4 71 47617 2/| 443 29 | 268) 169

866 549,499 | 17,725 1g | ow | oe | om |Dundee, Perth, & Aberdeen... 9) 496 5 4] 762 6 1/| 760 4 | SL) BI 1,381,200 | 1,334,072 |- 19,618 | os [ oe | oe -- |East Anglian oo April 7 353 15 3; 43115 ©] 839510 3 729 12 | 65 | 68 3,591,691 | 3,233,224 ' 2 |Edinburgh & Glasgow Ticsdgpomceclsesthiote 4138 10 0 | 3803 46 | 89%) 89% 8,333,612 3,113,210 | 39,912 | we | om | oe | os (Edinburgh, Perth, & Dundee May 1 nsescsssssere| sosmessenssrerner| 2366 18 10 2206 30 | 18 78 17,439,632 |12,887,000 | 40,022 | 14 1 | 2% |Gastern Counties and Norfolk 1) #237 8 7 | 7871 2 7 [16108 11 2 24825 80 | 823 | 322 4,169,833 | 3,756,927 | 46,382 1 1 24 | 24 East Lancashire oo aes 1} 2082 15 9 2505 11 8/4588 7 5 4102 56 | 814 | 19 2,746,666 | 2,266,806 | 23,86) we | om | oe | oe (Eastern Union to 1 998 15 8 1325 17 5 | 2324 13 1; 2157 24 | 95 7,320,500 | 4,093,306 298 13 py | 2 2t |Giasgow, South Western eee APT li 23 ...ecceressenseoes sonsessnessecseres| 4574 12 3 | 4010 27 | 1718 lin

10,804,466 | 9,368,938 | 32,873 | ww» | 2 2} \GreatNorthern&EastLincolns. 17 6766 0 9 | $469 @ 0 135295 @ © 1168t §4 | 2854 | 241 4,922,910 | 3,719,679 19,786 ooo 34 | 69s 44 Great Southern & Western (I.) 30: 4081 17 4 | 1350 2 10/6432 6 2 4451’ 29 | 188

21,975,666 16,076,535 50,239 4 4 44 4 |Great Western ow May Soapmemenens sonccscevessessees/18819 9 5 18141, 59 | SID | 264 14,202/045 (1182821 | asaae | 3)| 2 | 3¢| & (Lancashire & Yorkshire —| 1 sassmene sen ee vve|snseseansennseseee|38022 18 0 15790 69 | 260 | 260 2,312,000 | 1,990,559 ' 22,117 4a 5] 74 |Lancaster & Carlisle ... « April 17) 3377 4 o | 8247 @ 0) 46% ¢ 0 > 42% si | 90 90

37,354,620 | 034 53,541 6 53 | 5¢ London & North ee sees 16 3 (23196 1 8 (49451 17 1k 46336 «89 | 5534 | 5394 1,970,933 | 1,408,270 | 256,950 | 98 | Ilis, 35¢8 35$s London & Blackwali eco} 1) 1156 14 4} 4410 0) 1201 4 4) 974 231 | 5g) ‘ 7a ),930 | 7,821,640 | 42,328 i 44| 963 | 64s |London, Brighton, & 3. Coast April 4 6952 4 8 | 2938 111 | 9890 6 7) 8843, 57 | 1758 | 17 eS 8,670,685 34,269 2 84 4 a |\London & South Western ...! 4 7651 9 0 | 330i O © |!0082 © 0 | 11045 43 | 9534 2443 309,532 | a sneare | 44,944 on ~ on Man., Sheffid., & Lincolnshire May * 3013 6 11 | 4630 1 1 1643 8 0 6143 45 | 1679 | 157

754,669 | ‘Sv, isi49 | 43) 3h| 34] 4 |Monklands ... S bet One ees 6°38 |. ae ee | | a 1,770,000 | 1,776,898 | 9,615 6 6 | 4 4 Neweastle and Carlisle...’ 16 712 « 011922 @ 0/ 2634 © o | 2322 34 608

4,640,666 | 4,45 29,998 Bh | cco | coo | ce |Merthy Britig® cco co ov 24 1782 @ 6 | 2032 @ 0/3814 0 0 | 3518 26 | 149 | 146 6,820,000 | 4,97 21,404 one 1 | 3tgs | 3438 North Staffordshire .. oan’ adlmecalananmel cinnitiins dete a | GR 1 1,939,333 | 1,651,629 | 36,703 7 5 | @4s| 3 Scottish Central ao = ao i tila 135 | 988 4 6 | 2102 18 1 2012) 49 | 60 | 80 800,000 | 645, 20,209 | ow | w | 158] 2 Scottish Midiand Junction “lapel 30 27119 2| 39919 2; 66718 4, 653 21 | 32 | 33

1,628,000 | 3,402,670 | 29,842 2) we oo «. (Sarewsbury & Chester = May 1 62712 1/1178 8 7) 3806 0 8 1773 37, 48 | 49 12,000,000 12,:2+,850 | 42,100 8 3§ | 6I¥s| G!§sSouth Easterns. ws April 23 9401 0 0 | 3250 @ © 19451 6 © 12549 44 , S88) 2!

2,583,166 | 2,061,361 | 35,641 | om | om | | | 228 (South Devon ws se cov 24 1680 1:19 | 350 0 0) 198011 10 «1999 37 0 68 | 58 4,564,489 | 3,221,758 | 24,590 ove ove 15s 2 |South Wales ... ee! MSY 8 'cencsescocercenees|oereesceocenccnine| S960 9 O; 1473' 29 | 33) | 1008 2,000,000 | 1,720,998 | 21,409 6 3 34 | 4 Sth. Yorkshire, Don., & Goole April 16 seceesssecercsecee|sorcsveneeeceeee, BBL @ @, i276, 24 | 77 | 17 1 134,600 | 1,130,642 | 23,666 | 6 ot 7%) 7k | tee We oy oe a sevesscrersasceree| 1964 18 8) 2500 74 40 | 40

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wine im: orted into this country.—Sole consignees, W. T. BELLINGHAM and CO., 4 Beaufort buildings, London.

KAYE’, WORSDELL’S PILLS. most astonishing Cures are daily effected by

these Pills. ow Cee > cure the cases of Indigestion, F fluenza. Mrs W., of Ewelme, Wa . lieve Kaye's Fil's saved my life last summer, when I was attacked = ae os Hundreds accompany Sold everywhere, at Is 14d, 3s 94, and sad, and at the Wholesale Depot, 80 Fleet street,

ANTAGONISTIC 7. TO SOPHISTRY, PREJUDICE eq

147 N SINGH ,ls each, by post Is 6d.

N'SINGLE AN AND MARRIED 1 ) LIFE. By R. J. CULVERWELL. 3 M.D. :D. Gaal), WC R.C.S.( 1827),

LA.C, (1824) ; 25 years Medical and Referee in these matters.

Associations—Duties and Casualties of Single Life—Mar- riage and its Happy and itful Alli- ances, mode of them—Infelicitous and Infertile ones, their obviation and removal. Sherwood, 23 Paternoster rae See

Carvalho, 147 Fleet street; and all booksellers; or by post, from M. R. Culverwell, MD., tog py den gent street, who may be consulted daily, 18 til: §; evening,

BEA AUTIFUL » HAIR, WHISKERS, COUPELLE’S

CRINUTRIAR? is a m : ann fe be relied upon for the eee en epee gm Jee ache

young man has now a good pair of whiskers.”— Mr Yates, hairdresser, Malton, ** eet is the only preparation I can recommend,”—Dr Ure, Professor of Chemistry.

DEANES TWO-F TWO-HOLE f BLACK PENS

THE ECONOMIST. THE CELEBRATED WORCESTERSHIRE SAUCE

a A} ND DIGESTION DMPRO

L BobesrAes PERRIN S' sad al

WORCESTERSHIRE

and merchants, London ; can and Son, New York ; and by the principal dealers in

N.B.—The daily use of this senenite aud delicious Sauce is the best safeguard to heal

a aaah

RUPTURES.—BY ROYAL LETTERS PATENT.

TH — MOC-MAIN LEVER _ TRUSS is allowed by upwards of 200 Medical Gentlemen to

be the most effective invention in the curacive treatment of HERNIA. The ase of a steel spring, so often hurtful in its effects, is here avoided ; a a oe round the body, while the ite resisting pow

by the MOC-MAI PAD and PATENT LEVER fitting with so much ease and closeness that it cannot be detected, and may be worn during sleep. A descriptive circular may be had, and the Truss (which cannot fail te fit) forwarded by post, on the circumference

Piccadilly, ELASTIC STOCKINGS for Varicose Veins, and in

all cases of Weakness and. Swelling of the Legs, Sprains, &c. They are porous, ight in texture, and inexpensive, and are drawn on like an ordinary stocking. Price from 7s 6d to 16s.

ACTORY+228 Piccapmiy, Lonpon.

WHITSUNTIDE The time when Spring and Summer “ comes cut’

in good earnest. trips, excursions. promenades, and business enliven every circle in society. Every one purchases New Dress, and is anxious to secure the Newest Fabrics, associated with the most fashionable and comfortable Styles Every youth in the empire expects a new suit of attire, nor are they indifferent about the appearance their Dress will impart.

The advant»ges desired by families are, superior quality, neatness, fashion, and economy. All these are combined in the resplendent. Stock of Clothing, Hats, Caps, Hosiery. &c., &c., prepared by E. Moses and Son, for Whitsuntide. Specification of of the principal features of their Spring and Summer Clothing is impossible ; in- spection will convey an impression of the novelty, elegance, and cheapness of the goods; and experience will prove the superior quality of the materials and workman- ship. The position E. Mosgs and Son have maintained for many years renders assertions unneces~- sary, and it is only requisite to observe that for Whitsun- tide they are magnificently prepared with the and the best Clothing of every fashionable description.

Juvenile A'tire offered by F. Moses and Son is more for elegance, style, fashion, ease, novelty,

and cheapness, than any which others can present; it manifests the perfection of their skill in the selection of:

materials, and the triumph of talent in the cut and make of every garment,

Spring and Sammer Coats, Vests, Trousers, Paletots, &e., dec. ; various New styles, which can only be obtained at the ments of FE. Mosrs and Son. Every article is far better and much cheaper than those obtained elsewhere.

150,( 000.2 Ft Be Nemaune cabin in sn ant panren ht as will Ir need. of of the t best quality and the most suitable kind, fer less money and in less time than at any other house inthe World. These are the advantages offered to all Emigrants by E. Moszs and Son.

The largest Wholesale Clothing Establishment in the universe is available for large or small investments. E. Moses and Son's goods being we appreciated in Aus- tralia and all other colonies, are the most convenient and lucrative investments Emigrants cau make.

Ship-sailing information, and full lists of Outfits for Ladies and Benwrmneny may be had on application, or post-free to any part ot the kingdom.

Cavtion.—E. Moszs and Sow regret having to guard the public against having learned that the untradesmanlike of “ being connected with their establishment,” or “it is the same concern,” has been

and for obvious reasons.

London Establishment.—154, 155, 156, and 157 eS SN ee Spee ae

or ondon West End Branch.—506, 507, and 508 New Capek eee, aS 2, and 3 Hart street, all communicating. Bradford, Yorkshire, Branch.— 19 and 20 Bridge street, Sheffield Branch.—36 Fargate.

Merchant Tailors, > Hatters, Hosiers, Furriers, Boot and Shoe Makers, and General Outfitters for Ladies and Gentlemen.

Important.—Should any article not give satisfaction, it will be exchanged if desired, or, if ns the none will be returned without hesitation. All goods marked in plain —- the lowest price, from which no abatement can be made.

The Establishments are closed from sunset on Fridays till sunset on Saturdays, when business is resumed till 12 o’clock A New Book, “the Herald of the Seasons,” contain-

ing full lists of prices, So of self-measurement, facts relative to Australia, advice to emigrants, &c., may be had oa application, or post free to any part of the kingdom. badgras on sppcaton. ean

ileeeun tice Qui si Italiano, Hier spricht man Deutsch. | Font baa Espagn

Chocvlat Pastilies, lat de Voyage, and FRY and SONS’ other Bonbons are delicious and nutritious condi- ments. They confidently recommend these Choso! as combining the results of the most refined foreign taste, that richness and delicacy of flavor, with that peculiar softness on the palate which is rarely to be met with Sold by tea dealers. grocers, of whom FRY'S Cuarchman’s. and other cake Chocolates, their —, soluble, homeopathic, and other Cocoas may be

ined. Theirelegant French Chocolates are particularly adapted

for poe. See their pamphlet “ ene fall direc. tions

E

preparing these articles for Svea, O8 cnneut

So chaienee om Guan fod es &c., od ” to be obtained

Sic is une ne basa ho THE, FARIS | CHOCQLATE

MPANY.—Distin tronage of Her Majesty the Queen, = a the Seeoan award of both “ Council” and ‘* Prize’ medals at the Great Exhi- bition of 1851.—-BREAKFAST CHOCOLATES in} and 4 lb Tablets, plain, from 1s 44 to 3s per lb: with from 3s to 6s per Ib. A Chocolatiere, man after the most approved Parisian model, will be presented toevery purchaser of a 14 1b box of Tablets; and consumers of smaller quantities may obtain the same at cost price, 28¢d. HONEY CHOCOLATES, a combination the purest heather hon with the mildest Freach cocoa, in pots, ls 36. CHOCOLATE BONBONS, ronounced an unrivalled dessert. gp te ay ATES, in medallions, railway pasti

statuettes, cigars, dc. CHOCOL TI 4sTE a POWDER. lane ie and in packet, 1s per lb and upwards.

am in bottles, from 1s 24 to 2s 6d each, oo choicest fruits, and, when mixed with cold

ter, forms an anti-aleoholic drink not to be sarpassed ; peculiar a oe and juvenile parties, and extensively wu t pesengs. for oe jellies, creams, &&. CHOCOLATE BONBONS, in fancy boxes, 1s, 1s 3d, 28, and 2s 6d each. FRENCH CONSERVES, in fancy boxes, 6d each. Travellers by sea and land, who need a portable and beverage. wil) find the above

preparation, and

We-t-end aout Mr John Hatfield, 221 Regent street. Post office orders and applications for agencies to be addressed to Samuel Sancers, Wapesi depot.

oN NERVOUS AND GENERATIVE ae New Edition, Miustratedwith 45 Coloured Engravings

containing the Newly Discovered Preventive ieee Just published, the 70th Thousand, price 2s 64 in a

sealed envelope, o1 sent by the Author, post paid for 40 postage stamps,

2

A MEDICAL TREATISE ON THE Causes of Premature Decline in Man, with plain

directions for perfect Restoration. A Medical Review of every form, cause, and cure of nervous debility, im- potency, loss of mental and physical capacity, whether resulting from youthful abuse, the a ene the effects of climate or infection, &c.. to the sufferer in youth, manhood, and old ages with “an thor’s observations on its duties, and disquali- fications ; the prevention cure of eres and other tal

Nota Vetaon Pare: ‘by J Cun Susgose 0 y 15 Al street, Piccadilly,

ee ee At home for daily from 10 till 3, and

6 to & REVIEWS OF THE WORK. “ We agree with the author that, so far from works of

this class being objectionable in the hands of youth, or difficulties being opposed, every facility should be given to their cirvulation ; and Tesseretling our opinion we need but refer to the recent events at our military and scholastic academies at Carshalton and Wool-

”—NAVAL aND:MiitaRY Ghadeo Ist Feb., 1851. “ We feel no hesitation in saying, that there is no mem-

ber of society by whom the book will not be found useful; a et hae

, or a clergyman.”—. vening ** Fortunate fot eeountry woall It be did its youth pat

into practice the philanthrepic and scientific maxims here laid down. . One cause of matrimonial misery might they be banished trom ourland, and the race of the enervate be succeeded by a renewal of the hardy, vigorous spirits of the olden time.”’—CSRONICLE.

Published Sy the author: sold also by Sherwood, Piper, and Co,, 23 Paternoster row ; Hannay, 63 Ox- ford

treet, aud Co,, 159 Great Britain ®treet, Dublin ; and by all booksellers and chemists in

Aingdom. { ee United

The Economist 1853-05-07: Vol 11 Iss 506 - Wikimedia ...

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