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Commercial Slftairs.
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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of the newly constituted state ; and under the very shield of the law stand up as an advocate of the most advanced democratic views , of sheer republicanism if you wished , in the same manner as Peargus O'Connor or men of his temper are enabled to do in this country ? I epeak to you on my most sacred honour as an Italian . I do not care a pin for constitutions or republics . I have seen all kinds of governments , from Asiatic despotism to American , French , and Paris democracy . I am willing to discuss such
matters with as lively an interest as any man who is a lover of his kind ; all I contend is , such questions do not concern us . Italians have a very common but very pertinent expression ; we have " our hare to catch yet , ere we think of the best manner of cooking it . " It is high treason against Italy to broach such questions amongst us . The demon of discord could not prompt us with more dangerous , more suicidal logics of discussion . Let the French and the English , and
Americans" Fortunati , quorum jam mooniasurgunt , settle such matters among themselves , each in his own way . As to us , we are yet unable to make good our birthrights . It is as ludicrous as it is wicked on our part to squabble about " Royalty tnd Republicanism . " But you say—" Democracy with me is not an end , but a means ; it is not for the people , so much as by the people , that I hope to prevail . Reconciliation between princes and plebeians is a chimera . The upper ranks of society in Italy are hopelessly rotten . The People alone , the plebs , is by its nature ever sound . I also put my faith in physical strength .
My force is in the masses . What are the six or seven Italian princes , what the ten or twelve thousand nobles , what the half million or so of ecclesiastics , avocats , employes , &c . ( the real rabble of Italy ) , to the twenty and more millions of genuine , incorruptible , indestructible sons of the people ? That is Italy . To these we must speak a language even more intelligible than that of abstract nationalism . What do they know of Italy or foreign bondage ? Speak to them of their wants , of their grievances . Tell them that it is for them , as well as by them , that the ' Italy of the People' is to rise . Promise them , create for them , a r . ew era . Let the renovation of
society keep pace with the enfranchisement of the country . Italy is by her native genius a leader and ruler . Raise high the cry of ' Solidarity of Nations . ' Tell them of a * Young Italy' that is to take the precedence , to march in the van of ' Young Europe . Put all your faith in the people . Princes , priests , nobles , if there are any honest men amongst them , will be fain to join you as soon as the popular standard is unfurled ; all of them engerly enough v . hen that standard is triumphant . The day of their leadership has for ever expired ; henceforth they follow in the inarch of popular progress , or are trodden tlovvn by it . "
Such , I believe , are your ultimate views—but in their utmost abstraction and generalization . You never moved , you cannot move , one step , without abatement and modification of such sweeping theories . " Were you over so firm on your ground , there are facts even more stubborn to startle you . In a following letter I shall , perhaps , examine the soundness of your theories , and give you my candid opinion of your definition of " the People . " Your friend and brother , L . Makiotti .
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VON BECK AND DERKA . London , September 27 , lH . > l . Sm , —When studying the constitution of Great Britain in the university , I frequently met with the maxim that your laws hold every man to be innocent until he he convicted of crime . I reasoned , therefore , that a fortiori when your laws acquitted a man after trial , and declared that there wum do evidence against him , ha should be deemed guiltless beyond suspicion . I have ; not found your practice to correspond with your theory . I was charged at Birmingham with a conspiracy to obtain money under fal .--e pretences . TLe magistrates heard the charge , an
eminent advocate from London came down to enforce ! it , and , contrary to tin ; practice in my country at least , gave evidence at himself whilst pleading , and helped his instructions as an ndvocate with his own private correspondence . I stood at the bar without uny knowledge ; of the charge to be made against me till I heard it from the advocate , without a friend to assist me , without sullici ( nt skill in speaking the i'lnglish tongue to defend myHe If , and deprived of all my private papers by the persons who accused me ; notwithstanding this complete-, helplessness on my
part , and the array of power and authority against me , the magistrates declared that then ; whs no evidence to sustain the charge ; and upon being pressed by the advocate to make . sonic ; admission adverse to me , declared their decision Htill more ; emphatically that there was no evidence to mistuia the churge tSir , I nsk yen as a fiiend of justice , is it fair or honourable , utter so complete a rehabilitation , alter punning scatheless through the legal ordeal , that 1 Hliould be still pursued hv Mr . . 1 . Toulmin Smith , ino advocate of my accusers . lie follows up his pleadings nyaiimt mo in the court by fresh
inainuiitions and animadversions in the newspapers . He does all that he can do to ruin my character irretrievably . He has vacated the forum , and persecutes me in his private capacity . I know not , Sir , how such things are managed in this country ; but in my own , for like conduct , his forensic toga would be stripped off , and his brevet d ' advocat cancelled . But after all he is but the . agent of a more wily individual . I mean M . Pulszky , whose friend he professes to be , and whose measures he strives to effectuate . Between them I find myself assailed on all side ? , for my expressed determination to vindicate the character of the Baroness von Beck , who died under their
hands at Birmingham . I should despair of justice in free England if I had not confidence in its independent , enlightened press . To that press , then , I appeal for protection , and to yourself as one of its leading members . Do not , Sir , allow an innocent man to be crushed by the secret intrigues of M . Pulszky . I do not recognize him as the representative of Hungary . He ran away from that country , and denied it when there was danger in acknowledging it . He now endeavours to appear as its reprcsenta ' ive , when he thinks it may bring him some honour . He supposes that the arrival of Kossuth . will prevent him from sinking into the dust of his native insignificance , and for a while sustain the appearance
of importance which he has so long unworthily borne . For my part , I love my country well , and would prefer dying to seeing him stand for a single moment by the side of Kossuth . It would be a scandal to Hungary , and a mockery of our national truth in the eyes of the world . My relatives in Vienna may not be' proud of me , as the Viennese Correspondent of the Times states . It is not often that Ultra-Conseivatives are proud of their connection with men of progress . 1 have , however , the comfort of living on terms of the most entire confidence and friendship with those of ray relatives who think with me , and in the best affections of my own immediate family . I have the honour to be , Sir , your most obedient servant , Constant Deiuia . de Moroda .
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THE NATIONAL LAND COMPANY . [ Mr . John Shaw brings us a reply which he had written to a letter by Mr . M'Grath . in the columns of a contemporary journal ; being unable to obtain its insertion in that journal . At our request , Mr . Shaw has modified the original manuscript , which he showed to us ; in its present form , therefore , it diflers from that which was excluded by our contemporary . ] 24 , Gloucester-street , Commercial-road , East , Sept . 24 , IHol . Sir , —Mr . M'Grath appeared in your colums of Saturday , the 13 th ultimo , as the defender of those who conducted Mr . Ainojcr ' s case before the Master in the Court of Chancery , and to the shareholders of the said company , in reply to my advertisement of the 5 th ultimo I cannot but regret that an } ' " paltry productions " of mine should hnve given Mr . M'Grath so much uneasiness .
" Notwithstanding the assumption of purity in this inflated effusion , despite of iiH plentiful supply of exciting words , I very much doubt whether it has found many admirers amongst us ; the indiscretion which prompted its production is , in my opinion , only equalled by its folly . For instance , what does the writer mean by saying ' that the signatures to Mr . Ainger ' s proposal are only apparently written by the same hand ' ? and are , therefore , in fact , genuine ; and yet ' that he feels warranted in saying that they were elone by the secretaries , with the authority and consent of the shareholders whose names are so inserted . ' His zeal had evidently destroyed his judgment . " I made no allegation which could imply " a general forgery of the names of shaieholders , " much less that Kuch u ciimo hail been committed by the branch
secretaries . I merely stated facts admitted to be true by all who know anything of the matter . Such an insinuation might have the effect of obtaining fresh hel p for his tottering candidate , if the writer could persuade the bra'ich heeretaricH that they had been ill used and calumniated by me in consequence of the jiart they had taken under the guidance of the Directors and Co ., as that would cause them to exert thcinselvea to repair the mischief of which they appear to he the authors . In this , however , he has most signally -f ailed ; for surely if anything was previousl y wanting to indicate the reckless course Messrs . Roberts , M'Gnith , and others have entered upon , this letter has Hupiilied the deficiency . Can anything more indecent be for a moment conceived in men stumiing as it were upon Ilieir trial us they do , than this attempt , to foist , upon the Master and the shareholders a portion of their own nomination , and who mny hereafter have to nit in judgment upon their acts ?
^ " Mr . ltoberts was the pr < . fc *« ion ;» l adviser of the Land Company fiomitn commencement , and was in every miiHc bound to pilot it clear , of the » hoain of illegality . Did he do so ? Rumour ha . s long up ,, ken loudl y upon the subject and 1 am quile certain that . 1 a . » d my fellow nhaich . ddorH will have to defray the heavy bill of costs of m veral thoiiyaiiilH of pounds brought in against u * for ncrviccH lendered , which must , of neee ^ uy undergo a ri-id examination . It is , therefore , clear that he would o ? . lv derive advan . age from the appointment of u favourable rcHcntm in th « upgrogato un immense » iun
all of which will have to be thoroughly gone into . Now , have they obtained credit for their Ws throughout their tenure of office , and so as to make it a matter of no moment to them who is appointed manager ? Let public opinion reply . However , let what will be the result of the investigation which must take place , is it not contrary to all received nations of right , that men so placed , or who by even a remote possibility may be subject to charges of the nature which I have pointed , out , should insultingly stand forth as the nominators and professed supporters of a candidate for an office , the main part of the duties of which will consist in pursuing a searching investigation into their conduct , and the truth of any charges brought against them ? But , in addition to this , we tind that the proposed papers in favour of that candidate , procured by the means and through the instiumentality of Mr . Roberts and the directors , are presented to the
Master of the Court of Chancery , as containing genuine signatures of upwards of 2000 shareholders , accompanied , too , by an affidavit by Mr . Chinery , the agent and late clerk of Mr . Roberts , wherein he stated that the whole of such signatures are genuine ; and then , just as the Master was about to enter upon the consideration of Mr . Ainger ' s proposal , it is discovered that the majority of such signatures are not genuine , but written in the same handwriting , and no explanation is offered of the circumstance , Mr . Ohinery stating ( as he did ) that he hud not examined them . I candidly appeal to all who detest decep ion , whether the language of my letter might not have been , wiih strict justice , of a more decided character , and more stringent in its remarks ? Let all those who peruse the report of the proceedings on Tuesday , judge for themselves , whether Mr . M'Grath , his brother director ? , or Mr . Roberts , did , in accordance with the bombasiic flourish of Mr . M'Grath ' s letter
' triumphantly exonerate themselves ' from the sus picions fairly raised against them . " It should be borne in mind that Mr . M'Grath was present when the former discover } ' took place , and did not attempt to clear up the matter ; although by his letter lie evidently wishes it to appear that he was possessed of information which would have enabled him to do so . " I am positive that the Master will appoint an upright and efficient man ; and I am equally sure of this fact , viz ., that Mr . M'Grath and his coadjutors , struggle as they will , and have recourse to what expedients they niay , to lessen its severity , cannot now avoid a full and perfect disclosure ; and that the day of reckoning is not far distant . —I am , sir , yours , &c , John Shaw . "
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MONEY MARKET AND CITY INTELLIGENCE . Saturday . There have been some variations in the price nf Consols this week . Consols closed on Monday at 9 C > jj , } ; on Tuesday they varied between 9 G . J 97 , and closed at 96 :, £ ; on Wednesday they receded to 9 G | i , at which they remained on Thursday . The closing prices yesterday were : — Consols , 9 GJ- J . The fluctuations of the week have been : —Consols , from 96 § to 97 ; Exchequer Bills , from 4 ^ s . to 4 Gs . premium . In Foreign Stocks the usual dulnoss has prevailed . Yesterday the baigains comprised : — Mexican , for the account , 2 74 " an < l ^ > Peruvian Five per Cents ., 88 ; J ex div . ; Russian Five per Cents ., 111 . 1 ; the Four-unda-IIalf per Cents ., 101 . J ; Sardinian , H 2 { ; Spanish Five , per Cents ., for account , 20 ^ an el g ; l * a . -, sive , f >\ auel jj ; Spanish Three per Cents , ^ 75 , J , and . 1 ; Dutch Tweanel-a-llalf per Cents ., 59 ami o 9 . J ; ami the Four per Cent . Certificates , 130 / and I ex div .
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Oct . 4 , 1851 . ] H £ f * e & ** & £ *? 951
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O () UN K XC 11 A N ( i K . Mmii ; i . anh , October-I .-- Arrivals this week li . ivebeen very modenite . The ; Wheat ' trade- all over the- cenmtry Iiuk bee-n firmer , and in many instances an adv . meie : e > t 1 « . per quarter hits been paid . liarley li . n likewise well support ! el iiH vulue- for grinding purposes ; but . malt ing anel distilliii / r qualiiie's aie- doiii Is . to 1 > 4 . cheaper . Itiaim auel new O . els are ; ali . o Is . lower . Old () iln remain ah beforei . IVas an- in shorter supply thane )! Lite , and Is . dearer . HuMer * e > l ileiatinjj ; cargeien of Wlu-ut siHk more money , which has checked busincHH this week . Smnc Hulea of Indian Corn have been made ut Uat lutca .
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bums 11 FUNDS KOlt TI 1 K l'A . S 1 ' WKKK . ( Cleiaing 1 ' iie-eiH . ) Stilitr . I Monti . Tars . H ' rtln . ' 1 liars . /•»•/ . Hunk Stock - i I - 3 pe-r Ct . Keel .. j 3 p . u . coh . aiih . » ti . i % ;; ' . »(; . { \ % , ' Mi ; ' . » o ; i 3 p . C . An . 17 'J (» . — - ¦ ¦ - ¦ ; sp . ct . coil . Ac . 'M \ k ' . )(¦ )[ in ;; <»(;;; ¦ yr .: > m , , : i { i > . Cent . An . i New 5 p »; r Cam . - — i ¦ l . «[ i ( , ' Aus ., lK (; 0 . 7 ' , 7 J , —¦ - Inel . St . 104 |> . e : t . ¦ ¦ Ml ) Dittei Iteuiels .. 17 p -17 \ t 17 |> f >() |> ¦ Kx . Hills , 1000 / . 4 <; |» K ! \> Ui |> < lii |» -1 , 1 p l > ilte > , r >; iL .. 4 < J \> l : i p 43 p Hi p | U p Ditto , Suit ! Hi |> 43 p | 1 3 p W . p 1 ( 1 p 17 p i ori : k ; n funds . ( I . iint OHiriul <| uo ' . iUon eluiin ; r tlieWe-c !; enilin ^ 1 ' iid . iy Kveniujf . ) Austrian . ) per Cintft . — Mexican . > jie-i ( 't .. Ace . L' 7 liel ; : iuu Melx ., <] j |> . <; t . 1 ^ Small .. .. L'l ; . , P . ruziliau , > per ( Yiita . < Jl . l . N « ' !\ pe > lil : m . > per ( Je-nl . s . — ltue-neiH Ayie-H ( 1 p . ( Us . 4 H Perm ian 1 \ p . r < Y .. t h . — Chilian 6 per Outs . .. 1 () | rortin ; eie ^ e . > pel ( rent . — Danish . > |><> rCViit . M . .. 10-. >; . ' , - _ ' — 4 per Ct . » . ' . i ' J'l Dutch 'J l pe ; r Ceinti ... . V . )| _ -- An : iuil . ie-u — 4 p « r Outs . .. < . !() , ( KiiKHian , IK-J ;! , 1 ' , p Cl > K > l ) Keitador Uomta .. ;; l Span . Ae : tive-h , . / p . Cl * . - ' <' . { l'ie : u < : h . > |> . C . Au . ntl ' ari .- < 01 . « 0 — I ' . - ih iv < - .. •'// « l ) . t : tM ., July 1 1 , ;> , ) . 70 _ Deh ri . d .. —
Commercial Slftairs.
Commercial Slftairs .
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Citation
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Leader (1850-1860), Oct. 4, 1851, page 951, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/vm2-ncseproduct1903/page/19/
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