BANKRUPTS,

FROM JUNE 24, 1834, TO JULY 18, 1834, INCLUSIVE.

COMMERCIAL AND MONEY-MARKET REPORT.

Ir is gratifying to be able to report the very decided improvement which has recently taken place in the Woollen manufactures; persons who have traversed Yorkshire in all directions state that the operatives are every where in full employment, and at fair wages: it is scarcely less satisfactory to learn that the Trades' Unions have ceased to exercise their baneful influence over the workmen. The Cotton and Silk works in Lancashire are also in steady employment.

Among the subjects of chief interest now in the commercial world is the announced intention of Government to seek the sanction of Parliament to a measure for extending the privilege of warehousing foreign goods in bond to inland towns. Notwithstanding the specious plea that such a measure would be in harmony with the system of freedom of trade, it does appear to be open to strong objec tions. In the first place, in considering this subject, it should be borne in mind that the permitting goods to be warehoused in bond at all was conceived, not with a view to granting a boon to this or that particular port, but for the purpose of effecting a great national object in the increase of our commerce and the encouragement of our commercial navy. The extension of our commerce was successfully promoted by relaxing the strict rule by which the duties on goods imported were levied immediately they came over the ship's side, unless the merchant could find sufficient persons to be security with him for the amount of them; the encouragement of our shipping was effected as well by the enlarged importations of the merchant, from whom no other guarantee was now to be required than the goods themselves, and still more by the facilities afforded under the warehousing system for rendering this country an entrepôt for goods in their transit from one foreign state to another. Subject to the regulations which the Government considered necessary for the protection of the revenue, and which added greatly to the expense of these establishments, vast piles of warehouses have been erected in London, Liverpool, and other principal ports, and Docks constructed at an outlay of several millions. It is now asserted that the confining this privilege to ports, to the exclusion of inland towns, is a monopoly grievously injurious to the latter, and which ought to be abolished; but this, if monopoly it can be called which is enjoyed by the whole circuit of the

island wherever ports and warehouses of adequate security exist, is one so clearly dependent on topographical position, that it might as well be alleged as an injury that they have a monopoly of the sea. In a national point of view (and in no other should the question be considered), no new advantages to commerce or to the shipping interests would be derived from the proposed extension; while the adoption of it, solely with the object of benefiting certain inland towns at the expense of the ports now possessing bonded warehouses, would be manifestly unjust towards the proprietors of these latter, who have expended large capitals upon the faith of Acts of Parliament. Add to this that the measure would be positively detrimental to the revenue, from the increased establishment of officers which would be required, and from the impossibility, with all the vigilance that could be exerted, of preventing fraud, when such articles as tea, spices, drugs, silk, wine, spirits, &c., were traversing the country in all directions in bond.

The first free-trader from Canton, the Sarah, has arrived in the St. Katharine's Docks, with a valuable cargo of silk; and the first cargo of tea brought into the port of London since the extinction of the East India Company's commercial character has gone into the London Docks; it consists of 1300 chests from Hamburg, and, of course, can only be entered for re-exportation.

The Market for Colonial produce has been firm of late, and the extent of business moderate; the arrivals of British Plantation Sugars have been large; but the importers hold with confidence, and the superior descriptions meet with an active demand. Among the recent sales, 150 hhds. of Barbadoes, middling to good coloury grocery, sold briskly at 55s. to 59s.; and 287 hhds. and 22 trs. of Barbadoes, Trinidad, St. Vincent, and Jamaica, brought for brown, 49s, to 51s., and for good yellow coloury, 53s. to 58s. 6d. For Mauritius there is a fair demand, particularly for yellow descriptions for the scale; the following prices have been obtained-for low brown, 43s. to 45s. 6d. ; brown, 498. to 51s.; yellow, 53s. to 56s.

In East India Sugars, 1700 bags of low middling Manillas brought 23s. 6d. Siams are scarce, and in demand; Bengals are taken off steadily by the grocers.

Foreign Sugars are in general dearer;

MONTHLY DIGEST.

GREAT BRITAIN.

In our last number we detailed certain changes which had taken place in his Majesty's Government, arising from the resignation of Mr. Stanley, Sir James Graham, the Duke of Richmond, and the Earl of Ripon. It now becomes our duty to record the resignation of Earl Grey, and the appointment of his successor, Viscount Melbourne, as First Lord of the Treasury. His Lordship has been succeeded by Lord Duncannon as Secretary of State for the Home Department; and the vacancy thus created has been filled up by the appointment of Sir John Cam Hobhouse.

The Revenue.-OUR readers will perceive, by the following account, that there has been a considerable increase in the revenue accounts for the quarter. The increase on the year ended 5th July, 1834, as compared with the year ended 5th July, 1833, is 390,2367.; but the increase on the quarter ended 5th July, 1834, as compared with the quarter ended 5th July, 1833, is 350,9521. The great increase in the quarter is in the Customs, being no less than 414,205l.

Net Produce of the Revenue of Great Britain in the

Repayments

10,801,277 11,095,934 456,383 161,816 || 43,002,192 | 43,249,494 | 506,803 | 259,501

of Advances

for Public Works.....

46,465 102,760 56,295

279,476 422,410 142,934

Total, 10.847,742 11,198,694 512,768 161,816 || 43,281,668 43,671,904 649,737 259,501

IMPERIAL PARLIAMENT.-HOUSE OF LOrds.

June 23.-The Marquess of Westminster moved the second reading of the Bill for removing the civil disabilities under which the Jews labour, and contended at some length for the justice and policy of the measure.— The Earl of Malmesbury moved, as an amendment, that the Bill be read a second time that day six months.-The Earl of Winchelsea supported the amendment, and denounced the measure as an insult to the Almighty; he denied that the Jews labour under any disadvantages which call for Parliamentary interference.-The Archbishop of Canterbury regretted that the subject should be pressed so soon again, after its rejection last year, and contended that as Christians, their Lordships were bound to reject the measure.-The Earl of Radnor maintained that upon Christian principles the Bill ought to pass. The conduct of the good Samaritan, and the principle of doing as we would be done by, were in favour of it.--Lord Bexley also supported the Bill.-The Marquess of Westmeath supported the amendment.-Their Lordships divided-Contents, present, 24; proxies, 14;

total for the bill, 38. Non-contents, present, 80; proxies, 50; total against the bill, 130-Majority, 92.-The Bill was consequently rejected.

June 24.-The Bishop of Llandaff presented two petitions against the admission of Dissenters to the Universities, and made some remarks in support of them.

June 25.-On the motion of the Lord Chancellor, it was ordered that an address be presented to his Majesty for a copy of the first report of the Commissioners appointed to inquire into the means of forming a digest of the Criminal Law.-In answer to the Duke of Cumberland, the Lord Chancellor said he was anxious that the bill relative to the non-residence of the clergy should pass during the present session.

June 28.-Mr. Payne, the publisher of the " Morning Post," was brought to the bar of the House to answer for a breach of privilege in arraigning the conduct of the Lord Chancellor. Mr. Payne stated that the control of the paper rested not with him, but with Mr. Bittleston, the editor; Mr. Payne was accordingly dismissed, and Mr. Bittleston ordered to appear.

June 30.-The proceedings in the case of the breach of privilege complained of by the Lord Chancellor were resumed, and terminated in the committal of Mr. Bittleston.

July 1.-Lord Wynford presented a petition from Mr. T. Bittleston, the editor of the "Morning Post," declaring that he was sincerely sorry for his offence, and praying their Lordships' pardon for the error he had committed. -Earl Grey, referring to the last case before their Lordships' House, observed that the printer was not discharged until the day after his petition was presented. He saw no reason for making any distinction in the present case. The petition was then ordered to be taken into consideration on the following day.-Earl Grey presented a Bill to renew, until the 1st of August, 1835, the Irish Coercion Act, which is to undergo no alteration, except the omission of the court-martial clause.

July 2.-Mr. Bittleston was brought to the bar, and reprimanded by the Lord Chancellor; after which he was discharged on payment of the fees.— The Poor Laws Amendment Bill was brought up from the Commons, and after some discussion was read a first time.

July 4.-Earl Grey then moved the second reading of the Irish Distur bances Suppression Bill.-The Earl of Durham objected to the Bill as at present framed, but observed that if the clause which gave the Government a power over political meetings were withdrawn, he would give the measure his support. Earl Grey replied to the observations of his noble relative, whose motives he honoured and whose love of liberty he approved. But having done so he declared, with deep pain, his total and absolute dissent from the view which his noble relative had taken on this occasion—a dissent so total and absolute, that he declared if he could not propose the Bill with the clause that respected public meetings he would not propose it at all. Having enumerated the circumstances which, in his opinion, made out a case of necessity sufficiently urgent to justify the introduction of the Bill, the noble Lord concluded by assuring their Lordships that he proposed this measure with the greatest reluctance, but from a sense of duty, which he should be the most unworthy man in existence if he neglected.-The Bill was read a second time.

July 7.-The Earl of Wicklow presented a petition against the Irish Church Commission, and made some observations on the difference of opinion in the Cabinet respecting it.-Earl Grey said no Member of the Cabinet could disclose what passed in the deliberations of Ministers without a breach of duty.-The Duke of Richmond said his Majesty had given him permission to state what he thought necessary to explain his late resignation of office.-The Irish Coercion Bill went through a Committee without