with the demands of commerce. Our correspondent favours us with some
figures, illustrative of his views, from November, 1841, to the present
month, taken from the _Gazette_ returns, and observing that there has
been a serious fall in the value of merchandise equal to one-fifth or
one-sixth, with some exceptions during the last year and a half, he
accounts by the juxtaposition of his figures, denoting the amount of
paper in circulation, and this assumed fall in the price of merchandise
for the present anomalous condition of the Money Market, and for the
apparent worthlessness of capital. We cannot agree, however, with our
correspondent to the full extent, because the very low prices of
commodities, with a _minimum_ rate of interest for money, proves that
there is no fictitious or inflated excess of paper money. The anomalous
state of the Money Market proceeds, we believe, from a redundancy, not
of mere paper, but of capital which cannot find investment, superinduced
by stagnation of trade, and the want of commercial enterprise,
occasioned by the restrictive nature of our duties on imports.--_Morning
Chronicle._
The accounts from the United States mention that the greatest activity
prevails among the manufacturers in their purchases of the raw material
for the year's consumption.
POLICE.
EXTRAORDINARY CHARGE.--_Captain, William Tune_, the Commander of a steam
packet called the _City of Boulogne_, the property of the New Commercial
Steam-Packet Company, on Monday appeared at the Mansion House to answer
the complaint of the directors of that company, by whom he was charged
with being privy to the abstraction of four packages, each containing
gold, checks on bankers, bank-notes, and bills of exchange, which had
been previously booked at the company's office in Boulogne, and paid for
according to the rates agreed upon by the company, and which, with
others, had been entrusted to his care. After evidence had been adduced,
Mr Wire requested that Captain Tune should be remanded for a week, and
stated that the directors being anxious that he should receive as much
accommodation as might be consistent with the respectability of his
character and the nature of the difficulty in which he was at present
involved, were desirous that bail should be taken for his appearance on
the next day of investigation.--Alderman Gibbs: I shall require two
respectable securities for 500_l._ each, and Captain Tune to be bound
himself in
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