The Express. — London, England, 1848-06-15 00:00:00

THE E\PRESS, THURSDAY EVENING, JUNE 15, 1848. Mr. CEMISTOPIIIIR Done, and the secretary is Mr. WITMER., all of these gentlemen being, we believe, employes of Mr. O'CONNOR—men joints of his tail. The auditors are Mr. WILLIAM CUFFAT and Mr. JAMES ENIOIIT, both journeyman tailors; the trustees are Mr. T. S. OUNCOMBE, M.P., Mr. JouN SY.WELL, and Mr. ERNEST JONES; Mr. ROBERTS, the solicitor, is also the registered treasurer, though we understand he has repudiated the office, and Mr. O'CON NOR holds the purse in his stead. On the lit of May, 1847, the names of 43,847 persons were registered as sub scribers. A draft of the deed of settlement intended for complete registration of the comp soy had been approved by the registrar, but no such registration has tiken place, the expense being alleged to be the chief obstacle. Amongst the provisions of the pro posed deed of settlement, which is generally in the form now familiarly known to all who have had to do with joint-stock companies, we find the following:— "The directors are empowered to undertake the entire management and control of the sulkies of the company, and to act in such manner as they may think advisable for the welfare of the company ; to appoint, remove, and fix the duties and aa;aries of the secretary, agents, and all necessary clerks, officers, and servants of the company ; to remove any treasurer, and to appoint any tenspoiary treasurer," and to do a vast number of other enumerated acts, which altogether give the directors the moat absolute control over the whole concern. Then a sum not exceeding IW. a week is to be divided between the directors. Again, all officers, agents, and servants of the company, except the directore, auditors, treasurer, and trueteee, shall be appointed and removed, and their salaries and duties, and the secu rities to be given by them, shall be determined by the director.. The method of shutting the land by hallo , or lottery is set forth in detail, and the directors are to be at liberty to sell or otherwise dispose of any land purchased, instead of allotting it. 'lite following are the provisions as to the allotment of find to the prize holders :—" Before any shareholder receives pos session of his allotment the directors shall cause to be erected thereon a cottage or dwelling, and to be ex pended in the fencing, cultivating, and putting in order of the land, and in the purchase of stock, implements, and furnittne, to be delivered to such shareholder as his own property or otherwise, for the benefit of such shareholder, the sum of 151. in respect of two shares, the sum of 22/. Ws. in respect of three shares, atd the sum of 301. in respect of four shares ; part of which amount, not exceeding ono-fourth part thereof, may, at the option of the directors, be delivered to the share holders in money. And " each allotment shall be conveyed to the shareholder entitled to it, in fee simple or for other the estate and interest which shall have been pur chased, charged with a rent-charge of like duration fur the benefit of the company, to be secured in such manner as the directors shall think fit. The am unt of such rent shall be determined by the total amount of money which shall h,ve been expended by the company in and about the ourehase of the land, and the improvement and culti vation thereof, and building thereon, so that there shall be payable a perpetual yearly rent-charge of or after the rate of W. for every 1001. which shall have been so expended, and in proportion for any gloater or less amount." Now it cannot fail to strike the reader, that even when this scheme shall be registered, the sole and entire control of the company will be in the hands of Mr. O'Cuseon. Ile and his agents are the directors; his accounts are to be audited by the two journeymen tailors; while the trustee!' are, of course, merely passive instruments', and must act according to the requirements of the "directors." Well may Mr. O'Coseoe designate the subscribers " his chil dren;" for ne'ver was a more uncontrolled power attempted to be given to one man over the members of a society. With democracy on his lips, Mr. O'Coe- Non has certainly established a most complete despot ism over " his children ;" whether it will be a "paternal" one remains to be seen. But at this moment there is not even the cheek upon Mr. O'Coemni of puppet directors or auditors. lie has received all the euhseriptions, and holds them in his own name. Ile has int( sted upwards of 40,00)11. in land in Hertfordshire, Worcestershire, Gloucestershire, and Oxfordshire, which has been conveyed to him. lie is now the uncontrolled and uncontrollable owner of the whole pr perry. The prizeholdtra who hure been located have no lease, nor a shadow of a legal title to the land they hold. Mr. O'CoNeott himself, should he be so minded, might, at any moment, turn them out of possession. Or his heir at law, or his devisee, should he die, might deal with the in in alike summary way; or his creditors might charge their debts upon the land now or after the death of the paternal autocrat. Nor would the ejected allotment holder, or any other member of the company, have any practi cable emedy. They could do nothing but fire a bill in Chancery against Mr. O'CoNeost, on behalf of themselves and the other shareholders of the com pany, to comp I him to perform the trusts of the deed they have signed ; and should the "national bailiff " think fit to detour to such a bill for want of equity, upon the ground that the company is not a legal one, the shareholders would assuredly be cast, and the bill dismissed with costa. The in dustrious men who are disposed to contribute to a land lottery which is under the irresponsible manage ment of a single individual should ponder these facts, and pause before they commit their hard-earned pence to the keeping up an enormous delusion. Let them note that there are nearly forty-four thousand persons who have already subscribed, while not more than two or three hundred prizes have been distri buted, and then let them calculate how remote must be the chance each person has of a prize allotment, and which we will show them hereafter is really no prize at all. As to a dividend from the preps of the company's transactions, we suppose there is no ot.e ianguine enough to expect that. became violently excited when the result of the de bate was known. Some of the more noted among the members whe voted in the minority were cheered by this crowd sa they left the Assembly. M. Von Arnim, Minister of Foreign Affairs, was surrounded as ho passed through the Chestnut-wood by the irri tated mob, who were proceeding to ill-use him, when he was rescued by a detachment of students from the hall of the university, where a meeting was in progress to deliberate on a projected festival at the Wartburg. [Luther's asylum alter the diet at Spires, a scene of a well-remembered meeting of liberals during the retrograde reign of the legitimate Diet.] M. Von Arnim was conducted into the ball, where ho addressed the assembled students in vindication of the course pursued by ministers with regard to the motion of M. Berends ; but though they had cordially exerted themsel-es to prevent an outrage by the mob, they testified little sympathy with the speaker. While the parties in the hall were thus engaged, another attack was made in the Chestnut wood on a ministerial deputy (M. Sydow, a clergy man) by the rabble, and again the students sallied forth to the rescue, and were successful. Other mi nisterialists were insulted, if not personally injured. On the 10th the magistrates and town council of Berlin voted an address to the assembly, begging pardon for the transactions of the preceding day, and promising more efficient protection to its members for the future. This day, however, was also destined to have its disturbance. Early in the day a barrel of powder was about to be carted away from the arsenal,when a journeyman baker directed attention to it, and the crowd which collected insisted upon its beingcare ied back to the arsenul. This was done; and for the rest of the day the building continued to be sur rounded by groups of spectators, in earnest conversa tion. About 1 p.m. of the same day, a number of persons collected under the windows of M. Arago, the French envoy, " to bring him a rime," as the phrase is it Germany—in plain English, to gi‘• him three cheers. lie returned thanks in French, regretting his inability to speak German, waiving the compli ment in so far as his own person was concerned, and accepting it in the name of his country. The same parties then proceeded to pay a similar compliment to the liberal members of dui Assembly—Jung, lie rends, and Jacobi. UNITED STATES- MEXICO. An outline of the following received by telegraph appeared in yesterday's Exiwess. The Caledonia, Capt. Leitch, arrived at Liverpool, yesterday, having left Boston on the 3ltit ult., and Ilali fax outfit, 2nd inst. She passed the Niaaara at about half adav's sail from Boston; but, in the meantime, the United States had been ti legraphed as being olf New Yoik. The Caledonia brings ulnae to the amount of 114,000/. The accounts from the States are of a cheering character. The country, despite the ferment preparatory t r the prisidential election, and a slight depression in shipping and commercial affairs, goes on, says a New York paper, "tranquilly, prosperously, and peacefully. Thu promise of the growing crops, of all sorts, is t xcellent. The weather is delightful ; and, save only fur the convulsions of the polit:cal elements in Europe, which so materially interfere with the pursuits of industry and the acti vity of commerce, and greatly curtail our foreign a ado —all would be must smiling." The news front Oregon and Yucatan is, unhappily, of a disastrous character. 'the democratic convention awn nibled at Baltimore have made their election of a candidate fur the presi dency ; but not without dissension among their aen party. The New York delegates did rot vote. The nominees are General Cass, el Michigan, fur president, and General W. 0. Butler, of Kentucky, as vice-pre sident. Of this nomination the New ru.k Courier soul ,Thiquin.r remarks : GI num] Cass has been Mil I, voluble, persevering', and po pular. He has mixed himself up • with many public ques tions, in themselves important and calculated to escite deep pubic feeling. And upon them all ho has taken the aide, mid aveurued the tone, hot adapted to win the support of the untliinkieg, impulsive, avid pothole waives. In a popular cow iss al this will till, nil that, too, wu have little doubt, with an effect fur which the whigs aro not prep md. Uesiles this, there are features in the coming contest which give increased strength to this selection. Oen. Casa it a northern man, arid this fact alone is destined X , have grc.4 weight. There is only one sout%ern man whom the *log. could run, with the slightest prospect of success, aitaittu• s northern loco-loco, and that one, we need scare ly old, is Gen. Taylor. Gen. Cam, moreover, is a western can dilate, and he has not yet committed himself against western interests en any important point. Ho has a mildaty odour about his name said his history, and this, now-ao.lu)s, is nut entirely worthless. Ho has alwa)s been a clamorous i..lr tate fur the a xiremist claims of this country against England and the world, even at the co-t of war; and that fact will give him more votes than it will take away. General Cass was ambassador to the court of Louis Philippe some years since. Ills nomination will not, it is thought, give eatis'action to the whole of the democratic party of the States. Indeed, that section of it pleasantly denominate d " barnburners" has already withdrawn front the Convention and threatened to start a candidate of their own. It was precisely this sort of disunion in the ranks of the Lore-foetal which elevated the till then unknown Mr. Polk to the pr sidency on the last occasion. The whigs were to hold their national convention last week at Philadelphia, to put their candidates in the field. Thenceforth. until November, the whole country will be kept alive with publications, speeches, and public meetings of the partisans of the respective candidates. General Taylor is spoken of as their most probable nominee. One newspaper goes so far as to predict his election to the chair by a majority of exactly 101 votes over Cass. This is carrying the prophetic propensity to a nicety far greater than that attained by the sporting prophets of the British turf. A systematic agitation in favour of cheap postage has been organised in New York. General Scott had been received in New York with extreme enthusiasm. Ile entered the city accompanied by a procession, and above 200,000 persons (we quote a New York piper) were . and at the windows. The present in the streets at General re% iewcd the troops, after which he lines which had kept the spectators back were broken ; there was an immense rush of the multitude to sur round and greet the (hneral, who was finally com pelled to corn. , forward on the balcony of the City Hall and show himself to the assembled throng, to whom ho made a short speech. The commercial intelligence notifies a slight depres sion. The news carried out by the Hibernia, says one of a decline of cotton in Liverpool somewhat ful treatment—he was a physician—of the dysentery under which a friendly tribe of Indians (the Cayuses) were labouring. So many died that the belief took possession of the survivors that the doctor was poison- . mg them in order to get possession of their horses and lands. In order to test the truth of the suspicion, it is said the Indians sent throe patients to the doctor to be treated, two labouring under the malady, the other entirely well. The doctor prescribed, and all three died, and therefore, confirmed in their suspicions, the survivors of the tribe burst in upon the settle ments, destroying all before them. The acting legis lature of Oregon had in consequence authorised the raising of a military force, which was already in the field, and had had SOWy successful encounters with the Indians. It had transmitted a memorial to the President of the United States, asking aid from the /government against the Indians. The memorial was referred to the committee on military affairs, and ordered to be printed. An arrival at Boston from Cape Hayticn, stales that on the 9th May, all the south poi don of the islands were in rebellion again et the government. This is a confirmation of the news to the same effect already published. It appears that the governor of the French portion of Hayti is a black and very ignorant man, and made himself odious by tyrannic acts. Soon after his adv. nt to office he dismissed the mulatto ministry, and abolished the consti : tutiun, and directed the soldiers to tire upon a deputation of the merchants of Port-act prince who waited up-,n him for the purpo , o of having the latter restored. &vend were shot down and delilierately murdered. This act was fol lowed by the arrest and execution of several citizens allt pected ul designs against the government; and again by a collision between his troops and the citizen!, in which nearly one hundred were killed. His administration wasintolerable, and revolt was the necessary consequence. He had pro ceeded south with a body of five thousand troops, to meet the innurrents, and the impression was to .t he would he de feated. The hatred of him ent. rtained by Vie mulattoes is intern) , ; and as it has become a war of colour now, the cal tent will be fierce and unsparing. It was rumoured that he hod been driven hack to Pert-au.Prince, and al., that the bl ,eke had sent to France, asking the pronction of that nation. The New Orleans National gives the following from Guadeloupe: By an arrival this morning from the Isle of Guadeloupe we aro placed in possession of intelligence to the Pith Apia. We have accounts from Pointe-a Petre, which gate that everything thine is in the greatest egitation, na one knowing what is to happen next. It was known there that • st,sel had left France, having on board seven delegates from the Provisional Government, who, it was said, would proi Lam liberty mi their arrival. It ems feared there would he a general revolt in the colony on their arrival. Already many workmen have refused to work, at-ertiag that they are free, and that if they du 11010 stain liberty from France, they know how to obtain it by Jerre of army. It was reporten at Pointe a- Petre that there was aiready lighting in Martinique. Sere days previous to the sai.l g of the vessel wideh mirage the ' intelligence the black population forced the door of the Albers (?) with axes and clubs. AU the troops were imme diately out, and a rev It bad very nearly commenced. Al most every m g placards are seen ir. public pi .ceit, bear ing the word., " Diath to the whites !" and similar treats. In shat, everything seems to portend moat viol. at cons, quences. The accounts represent a great want of flour, oil, and other provieiens. Everything sells at an enormous price, and money is not to I.e Lad. We look with anxious interest fur the next advices.j COMMERCIAL INTELLIGENCE. New YOIIK, MAT 31 —Co - rros.—Tne delay of the malls from Bate south ha• scarcely left time to make up war regular tables ; but the hallowing wit be mound to ho nearly r correct summary tit the Ilatneal ids of cotton during the week elapsed, binge our publication of the 1111 Wit Itssivive I Exosrtei to Redaction of Stock V, o. at Poeta. Great Britain. in the Ills 31,001 11,000 ..... 16,1100 I Hai Yor the export of all other ports than Great Britain Is scarcely 1,00) INAn this week. An it might be supported trim. the advance reported in prices at !Lyre, that 'Mlle cotton would be put in motion fur that was,, it may be A 4 well to nay that SS nn house a l 9 undertake to draw on France, there is no probability of any shipments being nude thither for the peewit at least; unless France rends the coin or .n credit. far the 'mech.,. Opinions from the south differ as to the quire yui cotbm which planter. will hold roe until next season, but are very IlflarliDlUU, upon three points of much more import owe; •is., that the quantity al old cotton rein-Ming on pl.mtation never was a a large at this late period; that the breauth of land plaided in cotton is uthsually great; and that the gnats ing crop never looked 11101, pruitusing. BREAD lira ria.—For Hour there has been a good home and attaini,ita the re elpts have been lar,,c, yet prices have changed but little, the e easmnn brands of Ohm, Idiehigan, and Gene see, varying front 5 dot, Vic. to 5 d 371 e, ac.,ursimg to condition, and the tie tts r of i•cot wee 5 Job. 59c. to 6 duht. In bond in offered a: 5 dolt. Huuthern kinds sell freely at 6 doll. to Ii dub. with a light stuck. Itye flour is dub at 3 dads. 50c. to 3 dole. tikic. Corn rime. in fair • ern I dots. 5.e. our Jersey and Brandy a ins. lloldits of a heat are less trot, and at Is now off, rid at IMe. to 125 c. tor ohm, and 135 e. for Gete•oce. Intim corn Is wanted fore:joist, and the good samples of white and yellow Jersey bring 53e. to 46e. Southern white mad mixed alto. to 53e. Oats WV dull at Co. to 4 , c. fur northern. Rye is lowa's, with Bales at b9c. to Inc. per fb. Barley to out or moon, and held at tic. to 73e. The re. evict", 14 dour tin um Hudson and canals, since the opening of gatbn, amount to 211,105 bps. hideouts Aso ExPunes.—The importi are nreessarily falling of, as the exports are checked, an will appear from the an nexed table, stating( tin: value or inerelnitidue tinporiol into this dis trust, excepting that sent to the warehouse, and the amount of duties rewired during the week enciltig on the 26th inst. Ca each of throe years: 1816 1847 1818 Dolls. Dos. Free gby . Duti~llle go4s Totsd merchandise $ 1,009.313 1.638,64. 1,699,669 Specie (Soh receivel 203,131 374,701 238,223 Average rate of duty Toe duo., now paid in coin, as the only substitute for Treasury notes, are above par—do nut, however, lung remain in the ,trong bun—for the /traits of every week on the treasurer here rather over ran Lie receipts 01 the heck. MONEY MAWLET.—Our banks am in g o 1 position • and although the export of coin to Europe continues, their stack doia not ' ~immesh, tor numerous little streams, all tending iiltherward, keep the 'thicket well supplied w lth specie. The great ingress of emigrants 'Coln Europe iheihrhef a considerable amount in this way. More than 10,000 emigrants arrived no Saturday and Sunday I .et in thin port, mostly Germans, in good health, and many of thco, apparently, per. sons of some su'istance, and all bringing mute or,lees money. The prices of the U. S. stocks continue high. Treasury notes bring 1021, and U. S. Six per Cents. of 67, 1011. Money seems within a day or two somewhat more in demand, but still there no no general prewture on the hanks, mainly treause of the general stagnation in busmesa. [tills nn I ondon are sold at 1111 to 1 1 11, esteem • rates however. On the continent very little is doing. Sterling ear - ange nu been in good demand with a moderate supply of bins. The lohowing are the elating rates —London, 111 to 1111 ; Paris, 5.20; Amster , dam, 42; hamburg, 34 to 361, manna'. COLONIAL. BRITISH NORTH AMERICA. CANAI)A.—Our intelligence from this colony by the North American packet is unimportant. A slight shock of earthquake was felt in the island of Montreal, on Wed nesday, the 24th of May. M. Papineau's attempt to get up in a a itatian for a r^pt•al of the uuien between Upper and Lower Canada appears to make no way. The case of a Mr. Ferres, tile retut tang officer of the conaty of Shefford, who h..d het n dismissed 0.1 a charge of taking as undue part in the election for that district, was, in the absence of more im. p .runt muter, hotly discussed by the newspaper or.,ans 1): the dith rent parties. NOVA SCOTIA.—The following address has been received by the Hon William IC.ning, Speaker of the Nova Scotian Rouse of Assembly, from the capitll of Newfound land : We, the inhabitants of the district of St. John's, met for the pur- Mae of petitioning the queen and both Rouses of Perhanivir. for a constitutional form of government, could not separate without con gratulating the people of Nova Scotia on the enjoyment of the olsject far ahich we, stimulated h) their noble example, now ardently desire and diligently seek. We select you, sir, the first eomrnoner of Nova Scotia, and the speaker of the first reformed assembly of your pro vince, as the medium for the conveyance of our felicitations to your most excellent countrymen. We are charmed by the moderate • and practical manner in which party governmeat has illustrated itself hi Nova Scotia. You have effectuated moderate reform-mitt in doing so you hove given u fair consideration to the claims of throe whose ,rated rights were interferes! with. You hare emitted a de partmental government, combining in your system the whole,ome in. liocnoe of change neceroury in the hight-r others, with the continuity of service desirable in the subordinate situation—thereby refuting in pea lac the iartenious sophistries urged against yo.r party, when they ittivocatiNl the theory of executtve roman:do:ay.. You and your party have done more, sir, you have bound Nora Scotia sad its people to the parent count, y, by an indisroluble tie—the Le of common rights sail common interests. Accept then, sir, for the people of Nova Scotia, of whose rights and interests you are the constitutional repre sentative, our hearty congratulation.. NEW BRUNSWICK.—A new administration has l at last been formed. The New Brunswicker of 27th May says ; The new council meets on Monday next, and It is understood will be composed of eight members -Messrs. Wilmot, Kinnear, Partelow, Hazen, (*handler, Fisher, Rankin, and 11111-the resignations of Mesers. Wain Johnston, and Shore are understood to bore been ac cepted. The poet of provincial secretary will be filled by Mr. Partelow, it bring imperative that that office shindel be occupied by a member of Ur areembiy ; Mr. Saunders will reth e with the office of clerk of the circuits. The Fee lerickf on ',oar:Quarters thinks the new council will prove satisfactory to a large majority of the population of the province. The Nor Brunstrirl rr, on the contrary, cannot pace any confidence in the executive council as now arranged, but views it as an ex;iediency affair, calculated to till up an interval until the sense of the people can be expressed upon the new principles of constitutional government. The latter paper, commenting upon the retirement of Mr. commissioner art crown lands, from the executive council, properly remarks:--" If there be one office more than another in this pro. vince which should have a voice at the council board it is that of surveyor-general, and we trust that Inc brad of this department will not be excluded from deliberations in which matters connected with land constitute so large a proportion of the public business. Mr. Itaillie'a retirement from the executive council should diaqualify him from presiding over the Departmental Office. The liberals of New Brunswick may find, by-and-bve, that with a coalition council andffi the chi& departments of the country in the hands of the odd ocial party, upon the old tenure, the new system will never flourish. That experiment was tried is Nova boons, anti we know what fol lowed. Wnether the liberals or the conservatives are in a majority in the council is of far less consequence than that the public offices should be held upon a popular tenure. Lord John ,tee despatch concedes the privilege to the people-they she uld amen their rights." NEW SOUTH WALES.—Every new arrival from this colony brings a new protest against the unwarranta. hie determ nation of Earl Grey to revolutionise it/constitution, without having any reason to assign for the chance, without any person basiug asked him to make it. Earl Grey must have little to do in his office, since he can fin.' time to menu , facture a new constitution for New South Wales every four or six years. The colonists, hovever, are desirous of making shift with the old one • little longer. They do not see why all their institutions should be unsettled 'timely because a new theory of colonial government has taken resection of the noble earl's fancy. Above all, they are everse to having forced upon their sceepttnee a foe simile of a constitution of which they know nothing, eacept that parliament has rs. cently passed an act to reprieve New Zeeland, which had been condemned to undergo it. utmost delicacy. It is rendered more difficult than it would otherwise be by the circumstance that through out the far greater part of our colonial dominions we cannot begin de nor° ; the measures taken to pro- mote colonisation must in the greater part of our colonies be adapted to institutions and economical relationsalready existing. England's system of col°. siltation, if ever it have one, can at best only be the most efficient that the circumstances of our existing colonies will permit us to adopt. In tho British North American colonies a large proportion of the waste lands—far exceeding what the existing populations can profitably occupy—have been thriftlessly and mischievously alienated from the crown—the trustee which holds them for the advantage of the general community. The remainder have at different times been placed at the disposal of the local legislatures ; and respecting their allotment —respecting the manner in which emigrants are here after to be settled upon them—the imperial govern ment can in future exercise only an indirect and very feeble influence. In those districts of our South African Colonies which are situated to the east of the Great Kai, the waste lands are still vested in the crown : but in the western divi sion they have been granted away with even more improvidence than in North America ; and in the eastern the mode of settlement will be complicated by questions of native title, and compacts which the accredited agents of government have en tered into with the natives. At Natal, the relations which exist between government and the families of l)utch race, whose irregular settlement there has been the main cause of our annexing the territory, will proven fertile source of almost insuperable embarrass ments. lii great part of New Zealand the same difti• cultie a will be found to exist, and to a still more for midable extent than slonit the eastern frontier of the Cape colony. In Van Diemen 's Land the proportion of available soil already allotted places the colony almost in the same circumstances as British North America; and the atter-workings of the con vict transportation systi m have introduced a new element of disturbance. As to the Aus tralian continent, from Spencer's Gulf to con siderably north of Moreton Bay it will be found extremely difficult, if not impossible, to intro duce and enforce a satisfactory system of colonisation. Over the whole of that wide range of country, govern ment could scarcely assign a locality to a new band of settlers without it:teetering with some stockholder or stockholders who have already occupied its best parts. It is all very well for the gentlemen of pens and paper in Downing-street to say that these occu pants have no legal title—that they can at the utmost lay claim only to a lease of a limited tract. They are in possession ; they are at a great distance from this coun try; and, de f tete, it will be found impossible either to oust them or bring them to conform to any system of settlement the government of the mother country may prescribe that they may deem hostile to their interests. In Western Australia there is scarcely any geed land, within such a distance of the shipping ports as would render it eligible or available fur settlement in the present circumstances of the colony, that has not already its owner, or at least a claimant advancing a very termidable title. We have confined this retrospect to our extra tropical colonies, for of such only is there any use is talking with a view to the relief to the continually recurring local pressure of population upon the means of subsistence—or, more properly, upen the field of profitable investment for capital and labour. And it will be sufficiently apparent, even from this cursory glance, that, although in some of these colo nies there are extensive tracts of yet unbroken ground, where the task of settlement may bo begun de maw, and in a systematic manner, in fully one half of the yet explored portions of our dependencies any arrange melts that may be contemplated for the settle ment of considerable bodies of emigrants must be en dertake n with great caution and due deference to the interests and even to the opinions of organised com munities already established there. It will therefore be necessary, with a view to ascertain satisfactorily what can and ought to he done by government and the people of this country at large to relieve its dis tress by pr.moting eidgention and colonisation on an extensive scale, to censider separately the in part already settled territories beyond seas belonging to this country, and those which arc to all practical inter. sty and cur ova yet unoccupied To each of these topics w e will devote one article; and as in the ease of the.partially settled regions the main object will be to ssc stain the modifications to which the general principles of colonisation must be subj. Med, the best meth d of settling the yet un occupied regions will :laterally be the theme of the first article. Before concluding these preliminary remarks, it is necessary to observe that the question of systematic colonisation necessarily involves an inquiry as to how far pur Culonial Department, as it is at present organised, and as it stands related to the Board of 'Dade cn the one hand, and to the Board of Colonial Land and Emigration Commissioners on the other, is comp tent to the tusk of superintending and promoting the settlement of our colonial waste lands by British emigrants in an efficient manner. But seeing that we can only judge of its competency after we have formed a distinct conception of the tan:, this important subsidiary inquiry must of course be post , poned till we have discussed the two topics already annourced—th : most eligible methods of colonising in new and in partially-settled countries. WHAT 16 Mr) body's business is nobody's, has 110(11 SO often illustrated of late j ears in the proceedings of joint stock companies, that it has been found neces sary to subject such companies to the regulations of an act of parliament, and the superintendence of a public office. To that end two statutes have been cnac'ed, 7 & R Vic., c. 110, and 10 & 11 Vic., c. 78, which contain many defined conditions, to which all joint stock companies, not regulated by special arts of -e required to conform, and so conform Parliament, are rt (Duren to tog, such companies have conferred upon them certain benefits and ficilitier, which would not belong to them as mere paitntrship combinations. We believe it ie the unanimous opinion of ell persons conversant with these acts that then is still too much latitude for the registra'ion of ecliemes of doubtful utility and of more than questionable propriety in methods of manage ment. But there is one undoubted advantage which the public derives from the Joint Stock Companies' Re- GERMANY. By last night's mail we have no papers from Frankfort, Berlin, or Vicnr,a. From the subjoined ahatrict of the latest Berlin intelligence in the alatme Gazette, it will be seen that some unpleasant MOVI molts had occurred in the Prue'ian capital on the 9th and 10th of June ; not, however, of sufficient consequence in themselves to warrant any serious apprehension, but for the coincidence of the non appearance of the Berlin journals. The non-arrival gistration Acts, namely, the necessity imposed upon of the Frankfort journals is also unpleasantly asso- paper, - • the convectors—prom rters they are politely calker in ciated with rumours of anticipated disturbances in disa pp ointed bu y era and calculation", for, al hough the acts—of these schemes, of appointing certain ape- that city on Whit Sunday, which had previously been it was known that large supplies had gone forward, cified officers, de fining the powers of their governing received. From Vienna there is no reason to appro. there was some confidence that, once having started, bodies, reed the objects and modes of scion of each hend any disagreeable intelligence. The only news the prices would be sustained and even advanced particular scheme; and in the virtual publicity af- relating to the Austrian states in the Aligetneine by restored demand for the manufactured article. forded by means of the returns required to be nee'e Zei , ere/ not previously received, is the postponement But the apprehension of war on the continent still to the registration-effiee. There any one may inspect lof the meeting of the Provincial Diet of Bohemia. keeping down mercantile speculation and enter all these Matteis 14 a shilling. This is attributed to some scheme for weakening the prise, having, together with the large import, reacted Within the last few years not a few bubble comps- authority of the meeting of the States General in upon the I.'verouol market, the rise in that of vies have burs' whsle undergoing, or because they Vienna, by snaking the opening of the two assemblies Havre, to which the supplies had been so compara could not undergo, the positive but not very stringent take place on the same day. There appears, how- tively small, afforded little compensation for the fall regulations of these statutes ; and one of the latest, if ever, to be something of excessive suspicion in this in tendenc Liverpoo in l. riThefo general result and for here is a dstuffs ; the declining not the least, of such experiments on popu l a r cred u- co n j ecture. y prices n brea lity, seems likely to share the same fate. PRUSSIA.—BERLIN, JUNE 11.—The state ot this latter must go still lower. We have in ire than once referred to Mr. O'Coe- city has been very unsatisfactory both yesterday and The steamboat Halifax burst her boiler on the Nou's scheme for a land lottery, which he designates on the preceding day. A debate commenced on the 23rd while passing through the locks at Augusta, the '• National Lat.(' Company," and which is now Bth in the Constituent Assembly on the motion of M. (Me.), and three persons were killed, and some were undergoing the ordeal of an inquiry into its merits by Berends, " that the assembly, in acknowledgment missing or injured. The accident was attributed to a select committee of the House of Commons. of the revolution, resolves to enter on its minutes a racing. Goaded by the murmurs of his subscribers, and declaration that the citizens who took up arms on the The dates from the city of Mexico are to the Bth of the openly-expressed suspicions of hie opponents 18th and 19.1 of March have deserved well of their May—from Queretaro to the day preceding. Congress amongst the working classes, Mr. O'Coseoe, after country." The debate was adjourned, and on the oth was organised—a quorum having been formed—and =eh delay, sought to place his scheme under the pro- the order of the day was carried as an amendment on actually engaged m business. The commissioners tection of the law. First he tried the Friendly So- the motion by a majority of 196 to 177. Both in the from the United States were still in Mexico, but it had cieties Act ; but Mr. MEDD PRATT, the certifying provinces and in the assembly the motion was gene- been arranged with the government at Queretaro barrister, found the scheme open to objections which rally regarded as highly objectionable. The revolu- that, as soon as their presence was required in that excluded it from the purview of those statutes. Then tion was actually accomplished before the 18th of city, they should proceed thither with an escort of 60 Ix our comment last week upon Lord ASHLEY'S Mr. O'CoNeon tried the Joint-Stock Companies March, and the barricades of that date are dragoons as a guard of honour. proposal to grant a limited number of free passages registry-office, where his project has been provi- generally believed to hate been called into exist - General Scott is said to have expressed his convic ts) the colonies annually to some of the most pro- eionally registered. Whether it can ever be com- ence by an unlucky mistake. At least the severest tion that the treaty of peace will be ratified. A eon mising pupils of the ragged schools, we adverted to . pletely registered is a matter which yet remains in reformers believe it better to take for granted firmation of this was hourly looked for in New York the advantages this country might derive from sys- I doubt. But in the meantime Mr. O'CoNson has pre- this view of the case, and not perpetuate embitter- when the Caledonia left. tematic colonisation. rented a bill to parliament for the express purpose of ment and distrust by further inquiry. They prefer From Yucatan it is stated that the temporary truce The establishment of a good system of colonisation legalising his scheme, and it is that measure the se- basing their constitutional rights upon a contract concluded between the leaders of the Indian hordes will be no less difficult than it is important and lest committee we have mentioned is now limes- gracefully entered into, to attributing them to a civil and the Yucatan chief, lasted but a little time, and the urgently needed. The use of the term systematic .igating. We have no doubt that the report of the broil, however brief and local in its sphere of action. warfare or rather massacre anddevastation on the part implies superintendence and direction -of course on committee, anci the evidence taken before it, will be The minority of 177 ismd to include many who of the Indians, almost unresisted by the whites, were the part of the government. Yet in colonisation, sufficiently strikirg and instructive. entertain this view; who voted against the of the with all their horrors. The accounts from quite as mach as in any other industrial exertion, it In the meantime, it may not be amiss to order of the day because they wished an explicit Sisal are to the 10th inst., and represent the condi is indispensable that a large latitude of free play place before the public a brief statement of negative ; others who wished the allusion to tion of the whole peninsula of Yucatan as helpless and should be given to the enterprise and inventive talents the objects, the regulations and present state the barricades expunged ; but more desirous deplorable, and only one vessel of war, a Spanish of :host private individuals who engage in it. In of the scheme. Having been provisionally re- of avoiding, a vague vote that could expose to sue- brig, is spoken of as off the coast. what manner, and how far government can gistcred by the name first, of the " Chartist Co- picion the sincerity of their attachment to the In Oregon Indian massacres have been perpe take part in the enterprise without incurring operative Land Company," then as the " Na- revolution. It is not, however, the vote of the As- treed, and the mission settlement in the Walla the reek of diverting the efforts of the colonists into tional Co-operative Land Company," it finally as- tremble, but the scene which ensued out of doom that Wallah valley rendered desolate. The chief of the other than na'urnl channels, e inseiring them with an awned. in D:c• mber, 1846, the title of the "National effords ground for alarm and regret. The doors of mission, Dr. Whitman, his wife, and some I'2 other unhealthy dispositim to trust more to external aid Land Company." The directors of the company arc the building in which the Assembly meets had been white American settlers had been massacred, The than their own iu-born ruourcee, is a question of the Mr. MOYNOR himself, Mr. THOMAS CLARIiE, and at. 'whiled at an early hoar by a dense crowd, which cause of this tragedy is laid to the doctor's 1113BUCCCS8 - . ghe eppreoo. MAILS. The marls foe British North Monica, and the United States, will be made up es am Mall" of the led June. The West India Malts, exelndlog Bermuda, Nieman, Havana, Honduras, New Orlecus, Vera Cruz, Tansies, and Porto Nisi, and Whaling those for Ala - tetra, Jsomel, Garthagew, Santa M. elm. Mame, Panama, West Coast of South America, and St. Juanwk- Nicarepun, will he mad, up on the rimming of the 17th and June Gibraltar The malls for Vigo, Oporto, Lisbon , Madei ra, Cadiz, will be made uy on the morning of the 17th June. The oterlud malls to Gibreltar, Malta, Greece, the lonian lolanda, Egypt, Aden, Ceylon, India, Ilona -Kong, and China, ria Coothstilw ton. will be wide up on the morning of the 90th Jude. The overland eloqd h ectlc rue Murmilles, to the Moliteerdnean, Egypt, Aden, Geyloit, In Ito, Hong-Kong, az., will be made tr, on the evenlog of the 94th June. The melte for New South Waite. Van Neese. TAM. and New Zealand will be made up on the evening of the :leth June. The nulls for the Wass ',snot of Africa and Maletm wIl: be made up nu the evening of the 30th June. The mails for the Ursie, the River Plat. Menlo Video, Pcen.tim. bona Bahia, Maleire, and Buena Ayres, wilt ee made the evening of the Ith July. NOTICE TO ADVERTISERS. The number of STAMPS issued by the authoritie. of the Stamp-office, during 1847, to the DAILY NEWS was 3.447.009 This, we believe, it within eight per cent. cm the number issued to the Morrow Herald, Morning Chronicle, anti Morning Post, ALL rur rooerulo , In addition to the above, issued to the DAILY NEWS, Monti* Asper, there were issued for the Roman? edition, THE EXPRESS 778,714 Which was more, we believe, than were issued ether to the Globe or Standard, Evening Papers. HIGH WATER &T LONDON REIMS. T o 1.1•11—slorsiso. ...IPA I. Ltooooono. oolc To soonow—Uorotoo. 2 Nn. poo 1: An•rieftlf. V too. r n :. LONDON. THURSDAY. JUNE 15. A r %TT SI. consequence of filet Mee that has elapeed between the inquiries which were to be the founna lion of sanitary improvement, and the consideration . of the suhject by the legislature is, that some of the most serious evils formerly exposed have become less appall ing to the pet Idle mind from its increased familiarity with them. In 1842 the crowded state of towns, as indi cated by the density of population in canfined arras, was viewed with the most just alarm, and the atten tion of architects and engineers was directed to the prevention of an evil which retarded not only all sani tary, but even all moral improvement. The expen siveness of builaing sites, the increase of po pulation, in a greater ratio than that of dwelliegs fur their reception, the avarice of small capitalists who invested their mono; in tene ments for the labouring classes, all combined in pio ducing an unnatural crowding of the pore r classes into low and unhealthy localities. Parents, with their adult male and female children, and nut 'infrequently lodge's sleep indiscriminately in the same apartment In several districts in the manufacturing towns , . there arc not more than two square yards of surface for each inhabitant to res;de on, and from four to eight square yards is a common average in the narrow streets of the poorer parts of towns. It has bee n fully wove d over and over again, that the amount of fever and of consumption in a population is in exact ratio to its density. In some densely-crowded courts nearly one halt of their inhabitants are annually afflicted with 'ever, and they are thought compara tively healthy if only one-tenth receive the malady. Narrow and confined streets are little b tter than courts in their liability to this RJurge, from one-tenth to one-twentieth of their popularise being attacked with fever when the districts in which they are situated are unhealthy. The moral scourge of a thickly peopled locality is even greater than that produced by epidemic.. The indiscriminate mingling of the sexes in the same apartment necessarily levels those harriers of modesty which are so essential for the inneervation of virtue. Statistics have proved beyond ail doubt that both moral and physical diseases extend themselves widely in dense populations. These are no new fees: they are already familiar to the public, and it is their very famtliarity which has divested them of their grave importance. Tha framers of the Sanitary Bill did not forget thtsc evils, and they included', in it provisions to prevent in future this mischievous crowding of populations. Streets were to have a minimum wiehli, and houses were to have a maximum height. The smallest breadth of a front street destined for traffic was to be thirty•fire feet, and that of a back street twenty feet ; ancl houses were in no case to be higher than the width of the street in which they were placed. These were mast moderate and salutary restrictions. It had been found that local acts proved in- 1 efficient where the width of the street only had been specified, for the cupidity of the owners of property bad found vent in an increase of height M the houses, and thus was frustrated the benevolent in tention of the legislature in providing proper ventila tion for narrow and confined streets. The Sanitary Bill provided against this interfeience with the intention of local acts. by proposing to limit the height of houses to the brea dth of the street. This provision for a minimum width of streets and maximum height of houses was one of the most im portant clauses iu the whole of the bill, as it was in tact the only means of combating the growing evil of an excessive population planting itself in a con fiirel area. 'Me restrictions imposed were, at the same time, so extremely moderate and so well con ceived, that we supposed they would have passed by acclamation. It wee this conviction alone that pre vented us urging their attention upon the legislature. The amenc ad bill, however, no Niger contains these salutary clauses, the committee having struck them out in an evil hour. Had we ever doubted that the real opponents of the bill were, as a body, the interested class of cot tage owners, the truth would have forced itself upon us. Under no other influence could such excellent restrictions to cupidity have been withdrawn. Public health and public morals have both been sacrificed on this unholy shrine, and the act, when it does conic into operation, will be wanting in one of the most desirable of its proposed powers. It is important that the government should again pro pose the adoption of these important clauses, which onalit never to have been withdrawe. Unless they are again introdeci a into the bill, the same evils which pat experience his shown to be so injuri ins end so costly, will still prevail. Narrow, unventilated streets, will continue to rise, and, when the injury to the town becomes insufferable, will have to be pulled down at that enormous expense, which we exposed in a relent article, and which is generally 'massed under the captivating title of improvement. It is the old story that vast sums are expended for cure, when a mere fraction of their amount would have sufficed for pre vention. The legislature even now perceives that they are perpetrating a grievous evil, for in another part of the proposed act, powers of too dargernue and arl..trary a nature are given to enable local boards to pull down and widen these narrow and confined streets, which, notwithstanding this admitted injure to public health, the s-cry same act permits to ba built with all their pernicious coneequecces. No private emolument, however great, can justify the erec tion of houses in such manner as to form the Ari of disease from which contagious dis orders ultimately spread over a whole town. That this is the effect produced by a densely crowded t no one deniee, !or not only is the fact verified by individual instances, but is ehewn to be invariably the case, taking towns as a whole, and comparing these fever canes with the ratio of their population to the builded area. The prevention of so great an evil ought therefore to have been a primary object of the Sanitary Bill, and it can only be from an igno rance of the extreme importance of the restrictive provision, that government consented to its with drawal. 16 trbt Court. The Queen and Prince Albert, accompanied by the Prince of Wake, Prince Alfred, the Princess Royal, the Princess Alice, the Prince's Helena, and tilt Princess Louisa, and &leaded by the C mates, of Diann, Hon Miss M ae. &meld, Major-G.O. Bowles, Col. the lion. C. B. Phipps, C.I. Buckley, and Col. B nicerie, lelt her Maj...•y'. manna residence, Osborne, Isle of Wight, id ten minutia past two o'clock yesterday sittertio in, cross• din her M ilesty's steam. yacht Fairy to Gosport, and tray. 1144 to town by a special train on the London and South Western Rinks: y. On at , riving at the terminus at Nine elms the august party pro. ceeded in several of the royal earrings* and tour, escorted by a party of light dragoons, to Buckingham Prince, where they arn►ed at five minutes past sin o'clock. Lady John Russell gave a &dr& yesterday evening, at we official residence a L•rd John Russell, in Downing. a net. The member. of the diplomatic corps end.* imps. roue party of the nobility and gentry were present. The Marquis of Lansdowi.e, Lor President of the Council, arrived in town yesterday, from his seat, Bowood p vk, Wilts. Earl Grey arrived in town yesterday evening from his •eat, llowlck-hall, flirthumberland. The Cbanccllor of the Exchequer arrived in town last evening, from his seat, Hickleton Rs I, Doncaster. DEPARTURE OF TILE SPANISH —Hit excellency the Spanish minister, M. Laurier, Lmdon last evening for Madrid. The Count de Alirwul. after making overtures through this Spuds minister, did not gain any recognition from Viscount Palmerston or the government, and after several inetiectu el a Iva,ces on behalf of his go vernment, the count left London last Friday evening for Spain We underateni that M. Teem, who has for some years acted as prineipal secretary of the Spanish Legation, the Chevalier Mar, snt M. Urbis'on4, urs the only persons left attazteed to the l.•gn•i n. Preparations are made for their d , •psrture within the present week. His Excellency M. Isturith left the leption at 8 o'clock last evening, and proceeded toy the South Eastern /Whiny to Folk , none, en route to Madlid. M. Isturi*.z, up to the lid hour of the notice of his own reception, , xperieneed the mot courteous an repectful attNation from VitoOULU Palmerston and from every member of kr r Maj.st)'s government; but the recent acts of the Spanish government had afforded so many opportunities of disagreement, that M. Itturitz eon . ceived it a duty to retire as early as p cajole after the inti mation given by the ltritish government. PANIC AT OiISORN E. A correspondent, who writes under date, Cowes, June 13, nays, "This day, at noon, the steam.packet from Suuttnuoptun brought a Jorge i.umber of pauengers, the orijority of wham consisted o f well dressed men, evidently straegers, who, on landing, inquired the way to Osborne. Tni.y of course experienced no difficulty in obtaining a guide, awl away they marched to the ferry and pr • ceeded to But Cowes. On reaching the lodge at Osborne, opposite the Victoria-gates, they re quested permission to view the grounds, but this the gate-keeper told them could nut be greeted, where- I upon some of the party cent-sad their diseetislacti.n in audible term., and stated that they were as will entitled to parade the grounds as the Queen. These angry grumbling' of • disappointed man appear to have been interpreted to mean much more than intended. liteice was sent off to Parkhurst Barracks, and detachments of soldiers were in stantly marched tweed. Osborne, acme proceeding to the point of action by the West and others by the East Cowes road. Colonel Custaoce, the command-at at Parkhurst, was present. Happily, however, the interteren a of the military was unnecessary, the obnoxious party having with drawn from the siege of Osborne Lodge, and dispersed them selves in small !ections throughout he town, a• t- kine, like the valorous Daigetty. forpraeone On inquiry ot one of the party we found that they were merely "0,1111 , ...d0w5," who, having been to Southampton to assist at a grand odd monstration, and that affair being complete d, thought, befure they re turned home, they would pay a visit to the island, and look at Osborne. This is their own a -mount, which I believe to be correct. Some portion of the tranpe, by direction of the colonel, arc gone to their barracks; the rest will he quartered at But Cowes fir the present. In conclusion, I would brig fly remark that her id ejesty has kl.) more lei:foul subjects than her island men ; and if twenty times the number pre sent at the ledge to day were to dare effer viol?eca to aught bel 'nine to h. r, there are sufficient boys in Cowes to does them off the field." THE EAST INDIA COMPANY.-THE SUGAR DUTIES. Yesterday a special general court of the Eist India Company was held in their he use, Leadenball-street, is compliance with the desire of nine proprietors of India stock, as c spressed in a letter of requisition addressed to the chairman and directors of the Company. At the usual Lour (12 o'clock) chi chairman (Sir J. L. Lurhington) and the majority of the duet of directors retard the court, and the Mutineer of the day was opened by the reading the requisedoe upon which the special court had been convened. Mr. J. A. AIIECIHNOT said that as one of the parties to the requisition under which the propri tiny leafy had been .rembled, it had devolved upon him to submit fur the adop tion of his fellow-proprietors the resolution which we; em bodied in the requisition. He was aw ite that many around him were better able to dotal) the principles upon which the resolution was based, and his . test course would be to detain the court as shortly as potable. It was superfluous for him to remind the court that during the last nine months the number of failures of commercial houses in India had arisen from the great depreciation in the home market of sugar the nroduce of the East Indian pas seesions of the crown. In fact they were all aware that the prices realised in the home market were considerably below the cost of production. Hence they must be cinsinctd that unless some means were adopttd to restoto- c Furey tad exer tion in the East there could be no Itpae- for'e.cee connected with the commerce of India. (Hear, hear.) lie believed that %wed not offer any argument to convince those who had heard of the present depressed state of the sugar trade of the Indies, and he now came to the next point embraced in the resolution, namely, the fact proved before the 'elect corn mittee of the House of Commons that the near planters of India were unrble to compete in their home market with the slave-growing sugar colonies. The evi dence adduced before the committee showed that the cost of the cultivation of sugar in the East Indies wee not less than twenty-two per cwt., while Cuba could produce sugar at a cest of cultivation of 83. per cwt. ; l'orto Rico at Bs. 64., and the Brazils at 103. Oa this point many !ninnies bad been examined, with a view to elucidate this portion of the question, and toe most rational and general explanation given by thee& witnesses was that the negroes in the slave growing coleni s had far more strength tied were more powerful than were the free labourers of India. Another re - eon why the lave-growing c 4onies could succenfully defeat the exertio , .s of the East Indian planters was the uncontrolled power given to the owners of slaves—a power enabling them to work them for eighteen consecutive hours per diem, and. on Sundays b: Bides, and thin, with the authority to apiey tho lash at their diseretimt, presented a at te 0: things wholly incompatible with the exercise of the labour of a free country. (Hear, bear.) This was a natural explanation, which might be seven to thus state of things, and which showed that free labour c roll not possibly com pete with countries in which sliver_ was prrnitted to exist. India c olon Becore the 'lave eni inetrlo of the West India colonies, sugar could be produce h i nt about 63. 6d. per cwt , but since emancipation the eon of production had risen to 195. per cwt., and vet on the face of this the United States of Amelia, some of whom maintained and upheld the system of slavery, had in 1845 established their protective duties, because they found they were not able to compete with the slave-growers of Cuba and the Brazils. (Hear.) But if evidence was wanted it wan 'furnished in the ODlllGlUllief tion addressed to Lord John Russell by the East LAM Asso ciation. These statements showed that on the faith of the assurances of the government in tell, capital had been in vcsted end machinery sent out to India, relying on the pro mises which the parliamentary proceedines of that year afforded. Oa this feeling there had been exported, in 1811, from Madras 1,700 tons of sugar; while in 1816—five years aft retards—the quantity of exports had increased to upwards re 8,000 tone. A similar increase ii the exports from Bengal had occurred, and with respect to them he (Mr. Arbuthnot) leg further explanation in the hands of the court of directors and other proprietors, who were more worthy than himself to address the court. He now came to another part of the question, and he would beg to ask the Manchester manufacturer what he would do with regard to the export of his g , }0.:11 et Delia if he received nothing in return. Let him look at the results : the exports of British manufactured goods to India amounted in 1841 to 1,085,9581., while in 1847 they were reduced to 627,3201., being a deficiency of about 408,0001. So that the free traders of the north ought to look with some anxiety to the bearings of this question upon their pursuits and avocations. There remained, however, another evil, and that appeared in the fact that if India could not make her remittances in her produce, she would be comp .lied to do so in the precious metals—the bullion. (Hear, hear.) The hen. pro prietor, who was most indistinctly heard, concluded by moving the resolution, and expressing a hope that the court of directors would use all the Influence in their power with the government and the legislature, to induce both to sur render the feeling of party to the conviction of truth. Mr. lIANYET seconded the resolution, and in doin,so animadverted upon the encou ra gement given to the slave trade by the course of policy now pursued. The CHAIRIILN said he hoped the court would excuse his taking the very earliest opportunity of stating that the directors entirely approved of the resolution proposed, and that they would be willing advocates in favour of the peti tion to be presented to the legislature. Much had been said of late with reference to the sustentation and develop ment of the resources of India, and yet they had seen of late years the resources of that portion of the realms of the crown crippled andetruck down by the legislation which had taken place. (near, hear.) On the faith of the pro mises of the government the cultivation of sugar had been proceeded with, at an immense outlay of capital in improved machinery, and maks-. protceticn te tins proeucc wm given the remittances from India home mast be in bullion. On the whole question the court of directors entirely acquiesced in the terms of the rey.lution, and would to the fullest ex tent endeavour to carry it out. Mr. MARRIOTT and Mr. WEEDING, in brief terms, both expressed their cordial acquiescence in the spirit and. tenor of the resolution. f