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Northern Star (1837-1852), 26th January 1850, Edition 2 of 3, Page 4

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    • On Saturday, JanuarViSfli^^U be PuMiih' ^ , in WeeUy ^ KmnlieK, price id., and MpntWj Parts, p rice 6a, So.
    • r., „., .,,® 9T €pr||^ifii?n^ ' ..^.;)-;.
  • Adverts (17)
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      Hat' Mk T T Cile For Which It; Jbonterid...

      . H ¦ A ¦¦ Ta ¦ ' ^ M ^ K Til 63 6 ¦ ¦ ¦ ¦ T ¦ v ^^ mMmpnmot : ,, ^ . , _ . , - ^^^^ p . ^ Jgv ( j | % JD ^ p . ' cM - ¦—¦^^¦^ h ^ ^ 4 .. _ ,, . . _ , , -...,,, .-... ¦ ,. _ ¦ ^ s ^ : ; : -- "• . ""' /• f ^ - ~* ¦ *' " *^ y ~ ~ -- ~ '• '•';''' / ,. ... . ., ' —•> -- ¦ - -- ' ¦• - " ¦ - ¦ » - ' - •¦ - * - ¦ -- ¦ - ' - ' " " "" r ¦ ¦ " ' ! " l 7 i ? TT

      On Saturday, Januarvisfli^^U Be Pumiih' ^ , In Weeuy ^ Kmnliek, Price Id., And Mpntwj Parts, P Rice 6a, So.

      On Saturday , JanuarViSfli ^^ U be PuMiih' ^ , in WeeUy ^ KmnlieK , price id ., and MpntWj Parts , p rice 6 a , So .

      Ad00407

      THE COMIC FAMILY / HERALD , An mu ^ tratea , origin ^ ^^ P \^ raUon ^ TOOi fast-rate engravings by first- ™* «* 2 l £ . * £ ! fS £ contribuhrasbytheftiiniest iaiofrs-w tended as a witty eommuion . andhuinourens ***> &** ; . to the / our mest p ^ r weekly periodic ^ -Tht ! lauul , Herald , the . ion . loTjtomnal , aud Reynolds ' sap dLlqy < esMiseellanies . ^ ong oUierfeatufes of comic aUxr . ction , in Xo . L wiU a ^ Rcfirstof ; . * . ^ « f eltzac * s ftom / ilrs . Kpp ' s ^ Om ^ corKckett-place , Strand : G . Berger , G . Tickers , Ty " ana TtWinii , nolywell-street , Cla j . tj Warwick-lane , and Stamge , Pa leraoster-roff .

      Ad00408

      SHE CHE & MST EMTION Ev / j ^ TBEUSBED , ; PnoelaC ^ Anewanaeiegaat « S 8 on , \» ifli Steel Plate of th 6 Asahor , of PAIHE'S jflUTlCAL W 03 KS . KewiBsKly , a Sew Edition of « B . Q ' GW ^ R ^ TOK OH SMALL FARMS Sold Iwa . "Watson . Quee-a ' a Head Passage , Paternoster row , tonStfii ; -A- Hej-wood , OWham-street , Manchester , an 4 Le . vc « nd € 9 , : 5 , Kelson-street , Glasgow . Assi In aU * 3 oofe 6 eUers to Town and Country .

      Ad00409

      EA 25 D AND COTTAGES . ( Tfeei fcoperty of a private gentleman . ) E mm * ACRES , / FUE MILES ^ ROM I TioridOB , « iav now be ltad at the rate of £ 4 per acre ; anaSoariAeresatClialfont , St Giles , near O'Connornlle , -jtt ^ peraere : Cottages may also be bad at from Al to " Slc ^^^ S ' reqvirea , but the first twelve months' rent aniutbeetijerpaidin advance ( for ivMch a discount vnli 3 > e allowed ) , or be deposited in responsiMe bands , to be jaidqaarterly , with the most rigorous punctuality during Tthe-firslvrear .. - . . . AwSy reersonally ( or by letters enclosing stamps ) , to : E . H . vTvB . Browne , JIetr <^ oIitan-buadinss , Albert-street , * picas > street , Brick-lane , ^ talfields , London .

      Ad00410

      A BOON TO THE AFFLICTED !! itTJPTURES EFFECTUALLY AND PERMA aiESTLT CURED WITHOUT A TRUSS !!

      Ad00411

      CHALLENGE FOR £ 100 . nhsr , that DK . JAMES GfiEEB , P . H . S ., { of the Scottish Hvgeian Institution ) , ; 11 , Hutchesox Street , mo 103 , Sooxn PoetOAxd Street , Glasgow , 3 Jas been the most successful iledical and Suraical Practitioner in Christendom , since 1 SU ; and has lectured more < m the r ^ hts of man—namely , on Theological , Physiological , Political , LegaL Social , MoraL ana Temperance Reform , than any other M . D . in Britain : also , that he understands tlie laws and means , which govern man ' s organisation to effect good health , and long life , better than

      Ad00412

      PAESS IS THE BACK , GFvAVEL , LUMBAGO , RHEUMATISM . STRICTURES , DEBILITY , & e . DE . DE RODS ' - COMPOUND RENAL PILLS are the osas cebtauj cube for the above distre » sing complaints , as also aU diseases of the kidneys and urinary organs generally , whether resulting from imprudence or otherwise , which , if neglected , so frequently end in stone in the bladder , and a lingering , agonising death I . t is an established met that most cases of gout and Rheumatism occurring in middle age , are combined with diseased urine , how necessary is it then , thatpersons so afflicted should at once attend to these important matters . By the salutary action of these pills , on acidity of the stomach , they correct bile and indigestion , purify and promote the renal secretions , thereby preventing the formation of calculi , and establishing for life a healthy performance of the functions of all these organs . They have never been Known to fail , and may be obtained through all Medicine Tenders . Price Is . lid ,, 2 s . 3 d ,, and 4 s . ( id . per box ., or-trill be sent free , with full instructions for use , on receipt of the price in postage stamps , by Dr . DE ROOS . A considerable saving effected by purchasing the larger boxes .

      Ad00413

      T-nj MAY BB CURED TET . " HOLLO WAY'S OINTMENT . Cure of Bkanna lism . and Rlieumatk Gout . 'Extract of a , I « tter from 'Mr . Thomas Brvmton , Landlord oi the Waterloo Tavern , Coatham , Yorkshire , late of the Life Guards , dated September 28 th , 1818 . Sib , —For a long time I was a martyr to Khemnatism and Shecmatic Gout , and for ten weeks previous to using your medicines I was so bad as not to be able to walk . I bad tried doctoring and medicines of every kind , but aD . to ' so avail , indeed I daily got n arse , and felt that I must shortly die . From seeing your remedies advertised in the paper I take in , I thought I would give them a trial . I did so . I rubbed the ointment in as directed , and kept cab-. Itage leaves to the parts thickly spread with it , and took the . Puis ni s ut and morains . In three wceksl was enabled -to walk about for an hour or two in the day with a stick , and in seven weeks I could go anywhere without one . lam

      Ad00414

      , .. , fgr THE , FEBRU 4 SY ltt » IBERr OF T THE "DEMOCRATIO'IffiVffiW" WILL COiSfTAIN ORIGWAL MD W : ERY ^ BdTORTANT LETTERSFROM FR ^ qEMi ; GERiLiSY . ; Will be ready for ~ tp fflia & on on Monday ttti ^ , , ' - -. ¦ - '" ; " ' ¦' " -So ^ iK ; -oF-: THE BEM ^ GHATIC REVIEW Of BRITISH and FOREIGN POLITICS , HISTORY ; . ; oi tmdiilTBRATDRB . ' ¦ ¦][ y Editod ^ bj « . JULIAS HAKNEYi - 'J- - : : costjkstb : ' ¦ ' ¦ ' - ¦ ¦ .. . .. ' . ' L The Editor ' s ' - 'Letter to the Working Clasfles . — TheTaeifonJKnoieledge . ; ¦ 2 . Taxation and Terrorism . . ¦ ' : ' : - 4 8 . The * Grave of a Tyrannicide . ^ 4 . A Glance at History . Partli 5 . Memoir ufiFourier . _ ., >

      Ad00415

      MR , G . W . M . REYNOLDS'S PUBLICATIONS ; All tbe following works are published . every . Saturday morning , at Sir . Reynolds ' s establishment in London ,. and may be obtained ot every cheap periodical vendor in town and country : — '

      Ad00416

      O'COXNORVILLE . TO BE LET , ON LEASE , THE TWOACRE ALLOTMENT now occupied by Thomas Martin Wheeler , with crops , & c ; the ground is of superior quality ; the outbuildings are good and convenient ; the crops are promising , and the whole property vastly improvfid . For particulars , apply to T . M . Wheeler , O'Connorville , near Etckmonsworth . Also , a first-rate FOUR-ACRE ALLOTMENT to be disposed ef . ¦¦' .. - ¦ : ¦ ¦ "'•' All applications must contain a postage stamp for reply .

      Ad00417

      NOTICE . A "WEST RIDINa DELEGATE MEETING tsfill be holden in the Democratic School-Room , Croft-street , Bradford , on Sunday , February Ord , for the purpose of tafeing into consideration the propriety of establishing a Vfest Biding Co-operative Manufactory ; and making out tliex [ uarterJy plan for the lecturers of the eaid Riding , and paying in a penny per member levy , to meet the expenses of iflie Riding . The following places ' are requested to send delegates : —Leeds , Bradford , Birstal , Halifax , HuddersSeld , Honley , Holnuirth , Wilsden , Keighi ley , Bingley , Littletown , Dewsbury , Ileckmondvricke , and . every other town in ihe Riding . Business to commence at tan o ' clock ia the mermng . ... By order of . Thomas WitcocK , West Riding Secretary .

      Ad00418

      RUPTURES EFFECTUALLY AND : PERMANENTLY CURED WITHOUT A TRUSS I ! T | S- :: DE ROOS' amazing v success * - * fe » the treatment of . every variety of RUPTURE is ample proof of the usfaUing . efficacy of ; his remedy . Thousands in all parts of the world are availing tiiemseivfis « f hU discovery , v * ictt must ere long entirely bamdi ^ acsaiplaint hitherto so pjcevaleht . All persons SO afflicted should , without delay , . write , or pay a visit to Dr . DE ROOg , who may be consulted daily from 10 till 1 ; and * till 8 . —( Sundaysexcepted . ) . .- ¦> . ft ;' : ... .. _ This remedy it perfectly painless , free from inconvenience or danger , applicable to male . and female , of any . age , and will be sept free , with full instructions , da ; ., ' & c „ Modeling failure impossible , on reeeiptafes : Cd . iacash ; 4 » by Post Office orders , payable at theBoiborn office , A great number of Trusses have been left behind b y-persons £ ared , as trophies of the immense ; success of this remedy ,: which will be readily , given , to any . one requiring themafter one trial of it , . Letters of inquiry should contain two postage stamps . in every ease a cure is guaranteed , '• - '¦ - " - ¦ - Address , Dr . Walter De Roos ,-1 , Ely-place ,-HolbornhDJ , London , - , - ' . > -

      Ad00419

      A CAUioiisiANyKSiDaE . -7-A Liverpool niGrchaut who purchased £ 5 , 000 worth of American flour , at 22 s . per barrel * sent the whole , out to : California , from this port , where it proved an , excellent venture . The barrels jold at BQ » , eacli , 8 fld ho cleared £ 10 , 000 by the tranBactwD ,

      R., „., .,,® 9t €Pr||^Ifii?N^ ' ..^.;)-;.

      r ., „ ., .,, ® 9 T € pr ||^ ifii ? n ^ ' .. ^ . ;) - ; .

      Ad00421

      fltftscovv - ^' urHnngananihentPk letter has been . received , - He ^ shalL-liave ah answer a » . the course of Wfewdays , ' In - the ) meantime inquiries have been addressed . to , the frieirfs Rt Alva . . J , < . .,-A .., ., ¦/ , y .,-, ; ,, ; , ; ¦ . i ' , , ^ V j , " TaADfi" Paisley . —Tfe regret we cannot affoid . ' room for ' * bur communication . > . .- ' ^; . ' . ¦ ¦ s , - ^ Asjva . — The first name of the deceased democrat M'Kenzie was Andrew , not Alexander , as given in the , announcement in ^ la ' stSaturday * slSTAB . ' "' . . "'" : '"' , ' " '" V . ¦'¦ Mr , Wnaof . 'IIenshaw TCendon ;^—^ Receivedi ' - ' '• . ;'; : . ! Mr . AoouTEiiU )> iBiiIanderaau , France . —Wo , received a , letter i from Prestonhohne , ' desiring us to discontinue Messrs . Forbes and Torrence ' s papers , as they were ex--pected in England . :: It is twelve months since we received a remittance on their account . ' " Mr . Luvdsat , Aberdeen . —We have not had ; . one of Mr . O'Connor's lwrtraits for some months pist . Write to Mr . S . Boonhamj'lit ; High Holborn . ''» Mr . 'White , Leicester . —You had better write for terms to Mr . Vickers , Holywell-street , Strand .. - '¦ - ; Mr . Leigh Gleave , Rochdale . —I have not heard anything otthe ls . you seut to IU ; - High Holborh , on the 8 th ult—W .-R .- ¦• -: , ¦ - ¦ - ; ' . ' * / ; Co-opebativeCobowainersofLosDps . T-Thesum acknowledged in last week ' s Star , lis received by Mr . Clark foi ' the Wives and Families of the Victims , ' was stated to be 5 s ., instead of 5 s . Id , Our friends wish it , ; and the Is . acknowledged this week in the . proper place , to be announced tiius : — "For the . Wives and Families of the ¦ Victims of one oi tiieihosV cruel and tyrannical govern-: ments that ever disgraced this or . any other , countrycommonly called 'Chartist Victims / . The . sum of 5 s . Id . being the surplus of forfeit . monies , and interest of the City of London Co-operative Cordwainers . "' '' ¦ ' * : ¦•¦" ¦ ' ¦ Tpctvich . _ Mi' . J . Cook begs to . acknowledge the receipt oi

      Ad00422

      ¦ ^ : NOTICE TO ^ A ^ NTs ! " ' - ^ ,-, ; It is well known to our Agents that our terms are ' a'fall settlement ' of their accbvmts at ; tlie end of every three months . We have repeatedly ' reminded them of 'this , yet ' ., little regard is paid thereto . Tlle excuse , of many , that they give longer credit : ta s ; SubsSHhers , and they find ' . a . difficulty . . in ; , collectirig the money is no fault . orpuysjjWeth ' e ^ plicitly inform- all . those who ] { thus ; defer , payment , that after this date , . we ; ' ; shall suspend all further supply , of the papeiV ; uples we , receive remittances infull .. - ¦ . ; u ; . . r :: ' . ..

      Ad00423

      TO THE ]\ IEMBERS OF THE ; LAND COMPANY ; Any friend in the Metropolis having a copy of the First published Rules of the Chartist Land Society , would confer a favour by a loan of the same to William Rider , J 6 , G / i'eat T 7 indmiil Street , . Baymarket ' . Three or four copies would be g ladl y purchased .

      Ad00424

      ' ' ' ¦ *» Mr ; W ; P . ; Roberts : intends to be at New- : castle-on-Tyne , on ; Sunday and'Monday , the 27 th and 28 th of January . On those days lie will be at the Cock Publi" House , Sidei and will be happy to see any one who may wish to communicate with him .

      Till Horthrmh Stai, Satukday, Jan17ak1? ...

      Till HORTHrMH STAI , SATUKDAY , JAN 17 AK 1 ? 2 tf , 1850 .,

      The Morality Of Profit--Mongers.' 1 ' ¦ ...

      THE MORALITY OF PROFIT--MONGERS . ' ' ¦ : / ' - Ought those who leiid money , to take into consideration the purposes it is to be used for ; or merely ' satisfy themselves as to the rate of interest and the security- ? : Such is , ' in effect , the question at issue between Mr . C obden and thgj Peace Society on the one side , v arid : the Times and the mbneyrnongers on , the other .

      According to thelatter , morality has nothing more to do with money-dealing than . with : any other branch of . commerce ; in / which it is-well known , that to buy in the cheapest and sell in the dearest market / is the governing principle ; Practically , in many cases ; this celebrated maxim resolves itself into downright robbery , and the grossest injustice' and oppression ' . It is essentially immoral . 'The only moral arid lust foundation on which commerce can'be based , is to give equal value for equal value ; as measured b y the labour bestowed upon the commodities respectively . ' exchanged . . The

      adoption of theopposite principle has . demoralised commerce to . Its very / core . / It is systematised . fraud- ^ qrganised , swindling jupon a large scale . In . order to / conduct cpmmeroial transactions with , any chance of success , a man must forget all the moral precepts instilled into his mind in boyhood—all the instinctive truthfulness and frankness which is constitutional in youth . Falsehood ; trick , deception , and equivoque are all' "fair in tradei" -Your " clever man of business ^' means that ;; in his particular occupation , he is undisturbed by any consciousness of abstract right and wrong ,

      His sole business—his "' whole duty of man - " . —commercially speaking , is to make as large a profit as he can ? >; Sd " lorig as He does not very glaringly violate the recognised conventional mercantile code indoing ^ thisr ' he is ' an " honourable man . ' . * . JStit he may be so / in " City ' - parlance , while he has inspirit . broken every ; article of the Decaldguej IThis- is the certain and the inevitable demoralising ' effect of our present commercial system ? It creates an . ar . Ufiwal conscience ' , and , conventional code of . morals , / opposed to , the / geriuine conscience of each individual ; and ! the , collective moral interests of mankind . ' Under-the influence of this perverted moral feeling ; ¦ men ' put evil for good , and : call black , ; whik . ; They are iii ' their

      own professions , and : / , ; particularP ' : vcicati 6 n , afflicted with moral strabismus ; theyiare ^ unable to look' straightforward , or to' see Objects in their real propqrtron ^ As / indi y Muals : they /^ m and jhabit ,. possessed , of many excellent natural aridacquired qualitiesr-kiud husbands , fathers and i relatives ; warm friendgj and generous supporters of public ( iharitiea- or measures * intended to prbmofe the pubhc good rniy : ejren have _ . ' £ very . cleai ^ perception of the wrong and the injustice which the . practical application of , the essential > principle of commerce produces , in cases outside Of . their own yfaXk j . while they are totally / unconscious ttiat their own . dealings are regulated and controlled by the self . ganie principle . ,

      . ' ¦ Mr . Cobdbn ^ and rhis friends do not look upon' commercei in thisi li ght ; Oh the contrary , they Regard it as the great / agent of ' exipariding civihsation—the prime element . / of ' social progress , and the . motive-power of all ' indus-

      The Morality Of Profit--Mongers.' 1 ' ¦ ...

      trial aMoatroa ^ l-improvement . /• /^ e ? unfbfr ; teredfunlwniM ^ the / y ^ 'y highesi « tege ^ They hold' ife ^ bctrin ^ jn ^ und ^ Political Eoonomists-r-tbat when every man jis doing the ; besthbxan forhimself ; he is necessarily engagedi in ; . dping ; the , beBt ; he can for socieTty also . yTh aVdpeto ^^ propounded by the same school—is a shallow sophism . The merest towh of Bound argument refutes it . The " every- " day experience of mankind demonstrates its ' practical'falsehood . But

      it has that showy , / specious aspect of truthfulness which characterises most of the generalisms emanating from the same quarter , and which haveso successfully / deluded those who assume the task of regulating national affairs . The opposition of these parties-to Austrian and to Russian Loans , proves , the i hollowness and defectiveness of their economical philosophy ^ If individual action ; and . uriregulated competition , in the buying and selling of all commodities , be , inve ' ry deed , the .. true , gospel on this important subject , why do they interfere with the money dealer ; whbmerely carries the

      commodit y in which lie deals to the bestriiarket 1 The Times , \ ve confess ' , has Mr . Cobden and his ¦ party on the horns of adilemma * from which , with their views , they : cannot escape . It asserts— -and in a mercantile sense , truly—i that' " uioney ' is as much a , roarketaWearticle as muskets , / 9 r / calicp 7 oivbroadclothe jlV . ahdit asks ,, ' M Why the . mohey / merchant should not take five per cent , when / he can get it , in one market , instead of-two and a half per cent ., or three , inanother' ? ,, - ' T ^ Tiat / iS ' . ' there : '; wprse in the / Lbmbard-street capitalist ' s "lending Austria or , Russia nine or ten . millions of

      money to put down constitutional freedom- m Hungary , than in the manufacturers o ' f Birmingham sending muskets arid swords to . arm f-the'Marichester and Yorkshire manufacturers calicoes , and woollens to ; clothe— : the soldiers engaged in doing / so ? ^ Are ¦ n ot the ; ono - as clearly ; accessory—as » decidedly aiders ?; and abettors of the oppression—the tyrannyj bloodshed , and misery , as ' - the ' other ? / -If . ypu- , interfere . with one , oh any / presumed gr ound , of public utility , where will you stop ? How- | is the line to be drawn , and by whom ? " ; ''; \

      : : We . repeat , these arguments aridqiieries are perfectly valid , / a ^ addressed / id ,- , ^ e ;' adyocates of our present cbrnmercial / systerii . of ; iin-r limited competition , on the principle , that ' all commodities mustbe sold in the dearest market ^ and bought the / cheapest ; linger ^ the general regulating influence '' of the law of supply and demand . ^ Theyplace Mr . Cobden and his friends in a : difficulty from which they do ; not extricate themselves : successfully , because they dare not ,-unreservedly and fully , adopt the only principle upon whichbp ' pbsition to such loans'eat i ^ bemamtam ^ to creep out ; of the / difficult money , ; is a-, different / commodity ; from other

      commodities ; . and that ; if < -the dealers in it do not lend / it to despotic ^ arid'brutal- 'Gdvernmentsj they / will not be ' able / to ; buymuskets . arid , swords ^ clothing and p ^ . armies : employed to do ^^ their . butchery . ; ,- > ¦ That isitrue ; but it ; does / not / meet the commercial argument . ' It shifts ^ the' question : bh to , the moral'ground V ljut onl y does so by , irnp li ' catibn . / It / begs the very point at , tissue .,. / Ought the / mohey dealer , as a money dealer , to know or care anything whatever about the purposes to which his money is to be applied ? As amere merchant in money , ''' and actingupon ' ebnimer ; cial principles , are not the ! amount . of interest offered , and the security for its payriient , all he has to consider in the matter ?

      . No , no ; in dealing with this / very important question ; it is necessary ; to meet it frankly and fairly , and that cannot be . done without first giving up the principle " which : the : Tithes says it has learned at the feet of . the Gamaliel of Free Trade . It must at the very , outset , be laid : down ; as a cardinal positioii ;> ithat mere money profit must in all cases be subordinate , to the moral and social'well-being of the community . ' Otherwise , indeed , ' , we , have a world without a soul of goodness , or a conscience iu - it . Nations , noj longer held together by the conviction of a supreme moral law ;

      will become ; a mere aggregation of . selfish arid hostile atoms , in which present pi ^> fit arid | good cash paymentj irrespective of general cprise / quences would be the sole rule . Already wehavc too much of this—men holding high positions in society , " who go to church duly , and consider themselves very ' . good Christians ) hardened and perverted by the denioriiacal logic of the markets , and exchange ,, / see no harm whatever- in supplying the means for tperpetrating the most wicked outrages against the laws ot Grod and man . It needs but an Imperial hand stretched out : for their money , with a promise

      of five percent ., to induce them to place in it the means of paying the perpetrators of the bloodiest butcheries- ^ -the actors in the most infamous of treasons . Professing / to be proiid of trie liberties which our own ancestors have won arid ^ bequeathed to . us , . they are ready to supply two Royal tyrants with money for the special purpose of maintaining the . deadliest and cruellest of despotisrii ? What is Hungary to them , or they to Hungary , ' that they should feel for her ? Are not / the law and the . Gospel—duty to God and love to manall comprised in five per cent ? -. '' .

      'But Mr . Cobdex and the ' Peace Society do riot unreservedly take the high ground to which we have alluded ; They glance at it , and they ; appeal to the passions ; but they leave the judgment unsatisfied , so far as the abstract question is concerned . While we say this , however , we are ready to admit that we believe they are preparing / the / way for , the recognition of higher moral principles in the government of the world . . . ;

      • For the second time , the justice and policy of lendiri g'British money to foreign despots , for the ; direct and special purpose of / enabling theni to crush their subjects into the lowest depths of political and mental slavery , has been publicly arraigned in the very heart of the world ' s metropolis . In the first instance , the denunciation of the iniquity succeeded to a great extent . The Austrian LoanVwaswithdrawn from this country—the small capitalists , ; who ultimately invest on such securities , got frightened , and would not touch it . Mr . CdBDEN asserts that , for once ) . the / great loan contractors have been " bitten . ' It has been

      tnainly left . iu their own hands , and , up to this time , they , have suffered a loss upon it to the extent of 145 , 000 / . —the precursor of many losses to come . ¦ ¦] : /' This is doing a good work for the present time , and laying the foundation for better in future . : Its effects , indeed , are perceptible in the fact , that ; the Empekor of Russia- was compelled to coin a lie , in . order to give a colourable excuse'to the money-lenders ' in this couiitry , to let him have the five millions and a . half he . asked for . He / did not want the

      money to pay ; the cost of his . execrable and infamous interference In Hungary . Not he . ;; It was- to' complete ; the - Railway from Petersburgh to Moscow . ! Miv C 0 bden deriiolished that . fiinisy falsehood so / effectually that even the Tims with its unparalleled audacity of assertion ; has never had ' the hardihood to repeat it . ' Neither has it dared to question the noyr proved pecuniary weakness' of / the Autocrat . / Mr . Cobden has destroyed the delusion on . that point for ever . Not all ; the efforts of all . the scribes employed by Nicholas , can eyer restore the belief that forriierly existed as to the greatness of his riches 1 and / his ¦

      power . ., , - ' ; Six riiouths ago / he was denpiiriced in the London Tavern as a bankrupt ; who , so far from being able . to lend hiibrother Em ? ebok two millions—the Pope half a million , or the GrttANfi Dukb of Tuscany another half ' million—as he boasted he would—was not able to pay-his own current expenses . He has now demonstrated the , truth / of , ;^ th at statement . Instead of lending to others , he / coines . aborrowing himself , and comes , too , with a lie

      The Morality Of Profit--Mongers.' 1 ' ¦ ...

      <»! his ^ nguej unitm | -fols « h ^ cMieyl ^ afteV thea ^ p rovod- fa shion of the regular strept / heggar .. -:: : ;/ , ' ¦ ¦ , / ,:, / ..,, ; ,: ^ yj- ;¦ , v ^; . / ..-, >;• ;« :. Bu < rthe ; , b ait , / ii ' appears ; ^ as / too strong in this' instance / to be resisted . r ' NicHOiAS had provided an excuse for them ; and ; offered . five percent ^ at-a ^^ time when two and a halt or three was ^ the utmost ; that could be got at Horiie ^ // The rapneymr tigersi there ^ re , ; eagerly wished . toitakd ^ up / t he lp ^ Cobden ' s meeting , the Times -boasted that it wasall disposed of . TheTimes , that so powerfully , and so long , denounced the withdrawing of money from current purposes for railways 'itf ^ nr owriicouritiTi' where everf pound went to set ' somebody atwbrkyih theagricul-- r—P-r ,..,...,. » Hrr ^ m » r »^ . ); : ' .

      tural ' and manufacturing . distiicts—was quite delighted at the Abstraction ' of five and a half millioiis ; . Sensibly 'M a ' Russian railroad Why ? Because it is the organ of the moneymongers , and anything that will bring grist to their milI / wiH ' always : hafe its support . If we were at war with Eussia ^ ahd it is ^ almost the only great ' power from whom war is to be expected—tho moneymongers : ahd the ^ Times would rather aid Russia than our . own Government , if Russia ' offered the largest interest . Say that Sir Chaiu , es Wood , offered five per cent . ; and Nicholas five and ' one-eighth , the bhe-eigb ' th extra would secure him ihe money , though the moneymongers knew that it was tobeemploye d .-in ' Shooting . Englishmen , and battering English ' men-of-war . to pieces . ¦

      - All war : loaris areiunjust and immoral in themselves . -They ; lay heavy burdens upon present'generations , and / upon posterity , for which there is no compensation whatever . They spread bloodshed , sorrow , and destruction , while- actuall y employed , and they leave to the future ' a heritage / of . revenge and discontent ; ' We hope > that / those / who have subscribed to-. the Russian loan for puttirig down Hungarian . independence , will reap the consequences by the loss of / both , interest and principal . ;;; : \ h ; .-. ;¦' . ; - . c ¦ : h . " . ' . ' . ' ¦ They have been : : fairly warned . of the great iniquity they were abetting- —and , - as Byiion says : — - -- . ' ' . '• •¦ : ;^ -v : ^ u ¦;; : •¦ : . ¦<' . ' " - ; ¦;'¦;• - ¦ ¦ !/ Methinks I hear a little bird who sings , ;

      ¦ ; ..: ; The people bye-and-bye will be thei stronger . When they become so- ^ -they will not be bound toi observe contracts ' , the / very essence of which was fraud , spoliation , cruelty and Pppression ;

      -Pamjamentary 'Prospects, J , Next Thurs...

      -PAMjAMENTARY 'PROSPECTS , j , Next Thursdiay will commence what promises to be a stirring and important Session of Parliament . . The : Protectionists intend to move amendments in both Houses on the first nighty in order'tb test the strength of parties on that . question ; ^ Mmisters meet the Oppo sition in an ' . uncbVpromiBing ' spirit , by putting Mr .- Charles , ' ViLLiERS-i'the . earliest Parliamentary Champion of' Corn Law Repeal—as the Mover of the Address in the Commons ; and they carry with them by . implication , the commercial arid monied classes , by . haying Sir JAME ^ i DvKE-rthe late Mayor of tKo city , of London—to second it . ; :

      , 'In the Lower House , there is no doubt that tKey'Vnll haveVa clear and decided majority on the question ; but the division twill serve to indicate . to the leaders of . the Protectionists their-real strength at the very commencement of . 'the Session , a very iihportant point in party tactics . ' In the'House of Peers , ' where the Opposition will ] be headed by ,. tKe . impetuous Stanley—the result . is more doubtful .. Its members . are exclusively . ofine landlord class ; and it' willbe remembered ^ that' the Navigatibh Laws last Ssssioh narrowly escaped rejection ,, solely . ' through , the ' . exercise of the , Duke , ; bf Wellington ' s powerful influence ,- and the use of the proxies at his convmand . ^ ;;

      It 'isj however , possible that the increased experience they" hare since ; had of the working of Free Trade ^ as regards their own class , and the undisguised attacks upon rents which the Free Traders liave now made , may have worked a change in the relative state of parties in the Lords . ' Many of those who have hitherto been , content : to p lace their votes at the disposal of " the Duke , " way feel inclined to try the last chance of a Dissolution , and an appeal to thb ; existing Constituencies . That would bo the . efiect ,. were they to succeed in cai'rying an amendment ; and if they did fail id the attempt ; they would at least be no worse off than they are now . '

      A general election at tho present T time wpuld , ' . howo ^ er , bo , one of the most fierce party : contests which lias been witnessed in this . country for the last twenty : years . / The riotous " violence ; arid actual battles which have ; characterised some of the recent provincial meetings , prove that a deep and rooted feeling of antagonism exists , which the licence and excitement of a general election would spread . over the . whole country , and probably lead to riots more dangerous , and contests more fatal , than those which iriarked the imposition in 1815 of tlie law tlie landlords wish to

      restore . Considerations " of this kind may , therefore , on the otlier hand ; deter many from voting with the Protectionist party , who would otherwise have joined it . ; Of all classes in the community , their Lordships have the least to ;; , gain by disturbance j and , once begun , there is no knowing , in these revolutionary times , how far it might spread ; 01 ; what new arid grave quesUonsmiglit spring up in the turmoil , demanding immediate and satisfactory settlement .. On the whole , " we are

      inclined to believe that the latter opinions will predominate ; and that though Lord Stanley will be backed b y a powerful phalanx of votes , he will judiciously stop short of a majority , and content himself with ' a harassing guerilla warfare during the Session . As to Mr . Disraeli ' s scheme of local taxation , it is niere moonshine ., li may serve as a peg to hang talk upon for a night or two , but that is all . His own frequent alterations in the plan , prove that he himself has no faith in it ; arid , at this time of day , it implies no sriiall ambu ' rit of

      assiiraiicc to . propose that so many million ' s annually should be , taken from the shoulders of farmers and landlords , and laid on the backs of the other classes of society . If any portion of our fellow-countrymen 'have taken care . to evade .. heayy , taxatipn , it . is , that very portion whomMr . Disraeli Avould make us believe are > bo' badly used , and so heavily oppressed . They , , like some parties of yore , have laid grievous burdens ' ,. oh other men ' s shoulders / which they theinselyes did not' touch with their , little finger /; , ' Landlord legislation has been exceedingly kind to . landlords , and it will require more than' Disraeli ' s ingenuity and sophistry to i , prove the '" contrary . ' - '" ¦¦ '

      Two . ptlier questions stand prominently but : HheFraucluse , aud !; the ; , Colomes .. - It . is now generally understood that Ministers really are prepared with a measure affecting the former , by which they hbpeto pacif y the growing demand for Parliameritary Sefofm , All other political questions for the time being sink into insignificance , beside this . Until , we have a thorough and consistent- revision of our representative system , it is impossible either to procure goqd government , or to secure its

      contmuauce , if , it was obtained . In the advanced stage of public opinion on the subject , it is not likely that any mere stop-gap will be satisfactory , though ,: as wo have on former occasions observed ; the Whigs , with their usual temporising policy , riiay attempt some such mode : of dealin g with it . ; Wheni we see their measure we shall know how . to -treat it ; in the meantime we ^ prdiiiise tb ; expose and ^ to bpposeiall 8 HTns . and'delusions , come'from what quarter they may ;' -, ' ,, ' ¦;; / :...:: . y ^ v ' , ) .,:. ; > v , ¦ ., - ,..,., ^ : „;

      . Tlw Colonial question ' is , lioworer , in ; a Parliameritaiy ; sense , the great rock ahead of the SVhig Administrationi On that point they . will have ; to . enebunteryan . ' .. brgariised opposition , rcomposed . ' . of leading ' members of alf sections within the House , unless they anticipate that opposition by conceding the priri

      -Pamjamentary 'Prospects, J , Next Thurs...

      ciple for which it ; JBonterids . It is now confi . dently announced . that , it j s intended to do this , aridthat the ^ Rbyal ^ Speech will contain an-official declaration . to tthe Colonies—that any proposal they may make ' for the mana gement / of ' their wn ;/ affairs ; ar id the prbyiding for ' their own admiriistrative and . ' inilitai * y requirements , . will-not i meet with refusal or resistance from the Mother Country . This is an immense step in advance , and must have cost ' soniel hard fighting in the Cabinet .. If ., the , rumours about the Clubs have any foundation in fact , it would seem but very recently to have threatened its - T fo which -iK c ^ ritettds . ' // Itisnowcr ,,

      existence .- The , Grey , party will by . nom eans relish this total surrender of the power of governing the , Cplonies . frpm Dpwning-strcet ; and , indeed , it , w ^ ill effect : such a radical and widel y ramified change in the whole of our Colonial system , that we yet entertain considerable doubts whether a principle so rational , so comprehensive in its operation ; and likely to be so beneficial in practice , can reall y have been adopted by a Whig Administration . A few days will show whether they have or not . If so ,, we shallput it beside the " surplus , " as another extraordinary novelty in their official career . ¦ ¦ ' ¦

      Financial Reform will of course occupy its usual position in the category of sessional debates . On that point we can only repeat . our former statement . . Until Parliament is [ radically re-constructed , and the power ; of the purse-string is really held by the people ;/ there can neither , be effective retrenchment nor continuous economy . While it is well , therefore , to lose no opportunity 1 of enforcing prudent and thrifty management , or of opposing extravagance" and- / waste ; m- whateyer public department : it may . pccur ,: it should , . at the sanie tinie , , be always remembered , that these are merely consequences of the faulty and unjust : structure of our representative ; system ; and > as it is better to deal with causes than

      effects , all popular strength and opinion ought to be concentrated upon the source of the ' evil . In this spirit we shaH-watch and cphinient upon the proceedings ' of the Session .

      Similar Means To Those Employed By His B...

      ther Actuary ) the late Jir / HAWORTH of Rochdale . - It would' appear , ° also ; that he has kept , his . duplicate set of books , like Mr . Hawortii , for twenty years , without being detected !; What an exalted idea this gives of the vigilance , and honesty of the trustees and managers of the St : Helens Savings Bank t The second case is that of the Secretary and Actuary to the Scarborough . Savings Bank , Mr . Smurthwaitb , a wine and spirit merchant . The fraud in this ' case commenced so far back as 1838 , and has only ; now come to light . It

      similar means to those employed by his bro-, MORE : SAVINGS I-BANK DEFALCATIONS . ; ,:: . Our recent remarks as to the insecurity of these Banks , have received additional support by the subsequent discovery of three fresh cases of defalcation . . The most serious in ; amount has occurred at St . Helens , near Liverpool , where at least 10 , 000 / . appears to have been embezzled by Mr . . Johnson , the Actuaiy , by similar means to those emnloved bv his

      broamounts to several thousands ., The third case is that of a clerk in thd Aylesbury Sayings Bank , who has absconded with a large smu of money . In all these , cases , it is said that there is property enough to cover the defalcations , arid that , ' ultimately , the depositors will lose nothing . But whether this be so or riot , it is no answer to the now demon- * strated fact , that the poor people , who invest their small savings in' these Banks , have uo satisfactory security against fraud and loss . Numerous cases . of extrcihe hardship are stated in . the instance of the S t . Helens Bank ; aged persons , who have all their lives been stinting

      both back and . stontjfch , in order to lay by a scanty provision for the time when health and strength- failed them , now find that their narnes do riot occur in the set of books kept for the inspection of the managers , and that , consequently , they have no claim whatever on the Bank , even if the trustees were legally responsible ; : But the great fact that comes out i , n aUtHese cases is , that either from the absolute irripossibility of providing ah efficient check against fraudulent misappropriation , or

      the supinenessand apathy of the trustees and managers ; it is possible for actuaries to carry on a systernatic arid extensive robbery for a long series of years , without being discovered . The Irish Banks last year were supposed to be exceptional cases . That of Rochdale , thi & year , accidentally discovered by the sudden death of the Actuary ,, was in like manner treated as an exception ; but the rapidly succeeding discoveries of St : ' . Helens , Scarborough , and Aylesbury , appear as though the system . was rotten throughout .

      If it is to continue at all , the Government , in return for the use of the large sums of money they derive from the Savings Banks , riiust give some more valid and satisfactory security to the depositors . At present there is , practically , no legal security whatever , after all the showy legislation " we have had upon the subject . ' At the commencemeut of Savings

      Banksearly in the present century—the persons who originated them , and undertook their management , gave their joint persorial security to the depositors . The immense aggregate sum speedily lodged in those Banks ^ however , soon showed the necessity for some solid and tangible foundation ; and thence ori g inated the main provisions of all Savings Bank Acts , that trustees are bound to invest the monies of

      depositors on Government security , and on that alone . Since 1817—the period-of the first legislative act referring to these Banks—there have been a series of Acts passcd ;' alteririg the interest payable on deposits ,, and prescribing various regulations for their . management , such as the rendering it incumbent-on paid officers to provide good and sufficient ¦ sureties for th © proper discharge of their duties ^ euabling tho trustees to sue defaulters in . the . name of the general body of depositors , and preventing any small body of the trustees from withdrawing tho furidsof theBankfromthe handsof the

      Government , except with the consent of the whole , or a competent parf of them ., ' The last Act passed on the . subject , contains an important provision ^ : which goes far to render nugatory all the precautions so ' laboriously compiled , and ostentatiously paraded , for the purpose of securing public confiderice . TheGth Section of the 7 th and 8 fch Yictoria , cap . 83 ( August , 18 i 4 ) , limits . the responsibilit y of trustees and managers as follows :- — ' 'That no tioistce or manager , of any Savings Bank , sluOI be liable to make good any rleficicricy which mnv hereafter nrisem the funds of such Savings Bank , iinksf '' sueli persoua'SUall have respectively declared bv writing under tlur . v

      hanOs , and deposited with the Commissioners for the reduction -. of the National Debt , that they are willing so to be answerable " ; and it shall be lawful for each of such persons ; or for ' such persons collectively to limit his or their res ponsibility to suchsnm as shall be specified in any such instrument , provided always that the trustee and manager shall be , and is lierebj- declared to he , responsible for all the monies actually received by him on account , or for the use of such . institution , and not paid over or disposed of in the mariner directed by the , rules of such institution and an abstract ot the above provisions shall be enrolled as one of tlie rules of tlie institution . " '

      ' From this it is guite clear , the Iflgal responsibility : of the trustees and managers of . these Banks is expressly limited to the amount they may personally , receive on account of tho Bank . We presume few of them lodge the specified declai'ation , with' the Commissioners for the Reduction > 'f the National Debt , stating their willingness to be respoiiBible for more j when j therefore , prudent hard-working people 1 list of ble

      see along ' « nolords , " « hbn / gen + Jemen , ^ . and ^ rev . clergymen" paraded on thff tace ot . ihe rules of such institutions , as being security for their investments , let them remember , that all this amounts to no security whatever . The said " noble , " << honourable " and " reverend " : individuals aie not , in the yfipty of iastances , likely to undergo the dmdgery , of receiving thehard-earnedsavings Of the poor . That dut y i 8 demitted to the .

  • Citation
    • Northern Star (1837-1852), Jan. 26, 1850, page 4, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/ns/issues/ns2_26011850/page/4/