18 AUGUST 1838, Page 8

Cly Rittropaii4.

In the Court of Common Council, on Monday, the scarcity and high price of corn was the subject of discussion. Deputy Peacock moved a resolution-

" That in consequenee of the rapid rise in the price of wheat, the latenessof the harvest, and the unusually small supply of English wheat now on hand, it is absolutely necessary, that, to prevent that serious and alarming distress which thereby threatens the labouring and manufacturing classes, bonded wheat be ifiowed forthwith to be brought into the market free of duty."

Mr. Edward Wilson seconded the resolution. Sir Peter Laurie and other members opposed the motion ; and maintained that there was no real ground of alarm,—althoagh it suited speculators in wheat to give out that there was a deficient harvest. The resolution was nagatived by a large majority, without a division.