The Express. — London, England, 1854-01-13 00:00:00

kr beiariged woad same forward koadeoubely. He leaded in hvt of the sot likely hewer to any out the object. lu addition to Hie 1941. 1k easouaced lost week, 4201. farther sobsaiptioss kid Wes received. The award raid *dotal the *Toning ores about 1101. Th e s isal vote of thank, to the chairman tensioato4 the procooliags. BOIVRINH AT MANCHESTER. Y.,sterday morning, an interesting and highly ottaratial meeting was held at Manchester, ia the Mayor'. parlour, to which the members of the Chamber of Cam wee and Commercial Asacieiatioe wen MUM& to be peis wet, along with the leading inenkaate sad manatee-tureen, M mtit Dr. Bowriag, previous' to his departure for China. asougie the Medial' palming pretest were :—Mr. Jas. Heywood. M.P. ; Mr. J. Kershaw. M.P. ; Mr. 0... Heide Mid, MN.; Mr. Ales. Henry ; Mr. Thos. Baxley, read Mr. J. A. Tosser. Bea). Nicholls, Esq , the Mayer, introduced Du Dowries, who hatriag eapremed the gratifliatioa h. klt at meeting so many gentlemen eminently seaweed with the industry of the country, delivered as ad grew, of which deciatal minus and our emanuo pal ulaticus with Chios were the more prosalseat Orgies. He believed the empire of China was deathbed to fulfil a ghat missies by this emigration which was now gotug ea from thine diming\ all the *asters nations. Such was the rpolatioa of Chico that thus was not • foot of it scarcely bat was cultivated. Such was the over population, in feet, that. aotwithatutHag the most violent iaterdiets ageism entirratim, its supine streams were overflowing the coun tries of the east. le the island of Java be found 23,000, in th e tetanal. of the ladies Archipelago he bedeved there were rot less than 70,000 Chines ; whilst in can Frontons then had been settled 25,000 situ, and great umbers were emigrating to Australia, and the i•lsods of Polya sia, or wh hero was • field of ;dour open to them. It appeared to be a law of Premh der.ce that the superior races of mankind should soppiest the inferior, and we saw in the primula of time the inhabi• mats of the West India islaade swept away—that the Aselo-Sazon population was invading and removing (he would lot say destroying) th , red Indian tribes of America. So the Chimes* rue was Demur aside the Malay is the same way that they (the Malays) \adenoid* the Dyaks. He ought also to have referred t.th.sinalland rowing i m partioce of the opening in Westin Armelhe i , la the great changes taking plies in Auteuil& and is IMO. whisk kad opened • trade with ludic equal M Sat Ws wens Great Britain and China. All IWO sub jects afforded topics for reflection and for ennumeensent, and be would say that he had ',coin Chisels& tetamplifica• um of its value, to which he 'night be arespil hr refer ring. When be first reached China *lfs smis thin from this country. which were an a abbe aim of England. Such wee the character of emit Met eh county, that when, two years ago the Amain.* Wm- , duced their mignifieent clippers, they could obtalh to am than two guineas, whilst the Americans obtoiud Ones Raines freights to load tea for &island. At tin On the viiitestied prevent knew what were the apprebeeriese of meichanta as to the results of free trade, if it were allowed to touch ita loot stronghold of monopoly—the shipping in terest. (Laughter.) It was introduced into shipping, however, and as ail were aware, there was no interest which had been so benefited. (Cheers.) And when he left China the ships built in England under this system were some of the finest that ever glided over the great waters, sad the freights which they were able to command were equal to the average of thou given to the flout clippers of I America. (Cheers.) Some alum had been expressed, he was told, that if we 'posed the tea trade more fully lout there should be an insufficient supply ; bat be could amore them there was no fear of that. The quantity used hers was but as • drop in • bucket to what the Chinese them selves used, and to what was anessarily therefore produced. Tea was drunk in China by three hundred to four hun dred millions of people as many SI three or roar times a day ; and there was not a cottage at which you could call where it could not be supplied. They did not use it as we did ; they did not fire up black tea to the td a elibus of ours, and they did not paint their green tea to the extent we required—(laughter)—but it was neverthe less an article of universal request. He bad no fear but China would be able to aupply any amount of in we might ever require ; and as to silks, be would only call attention to the progress is exportation which was already taking place to that article. l's value was more fully recognised he believed every day, and strange to say this country had almost a monopoly of its importation. When he was in France lie other day this was mentioned to him, and he believed the mason was the singular trait in the Filet h character which so coos discouraged them. Ho had been asked how it was there was not • single l merchant at Castes ? They had out orders to She for silk, but those orders had not been preceded by the arrangements which the Eaglish merchants had made *cure a supply. He was of opinion, however, that would have French merchants there ere long, sail we could hardly "suet to retain the whole trideld important beasek el Chinese exports. He admitted thla gnat mists and desks gad darkness overhang the Mese of the Chinese empire, bet at the came time believed that our own relations with that country would yet SWUM II more important mad beaelidal character. (Applause.) The meeting eemeladed with • vote of thanks to the chairman. 11111"OLTING MCRDER. DURHAM, WZDNISDAT.—A horrible murder ci • female child, aged sixteen meatlia, by its mother, took place in Holley Auckland warkheess, in this county, ee Friday lest. The modems is • wines mama Isabella Thompene, wife of a ebseseema, re adier/ is Hartlepool, free whom Is J use left else no away. and has nese sakalsited with a mesa armed John Wool. Os the 19A Demolisher, Wood with hie reloaded wile sad child, west se a ledgiarhewes la Bisbee Ass* laad. where they stayed aril the 2.4 tiesa, when Lavin been lift by Weed, who lad gees Is Creek M seek asid employ seat, she ebtalted= hale tbe warkbeese he her. sal sad child. Oa t sea heir member, the master et the workhouse observed that the ehdhi bed a bush eye, fir which, however, the mother meseated by terse that they had been esereg ha • tile•sasse, whore the child bad fallen. - Afterwards she tell the home norm that whilst walking ales* the reed she had taken a fit, and let the child tall out of her saw, sad to an Aber person she mid her husband had inhere Ike black eyes by a blow intended for heneU. On the sth lost. the child was unwell, sad was atteaded by the medieel odicer ; bet on Wise asked bow the shed was, Use mother replied that " it was nicely," amid seemed is Slew any see to sit up with it at night. about liellyest sera the Me lowbg seenrieg the nurse saw the melher end shad In bed, sad Wad how the skid wm, and the mean mad Ihmit it was mesh heeler. Aber •ht slimly hewever, the name eres bleuered that the child weeds* and preeseled to the weed when dm 'bile was slaying, and hued it gels dead. The Ruses kosediately sameleed Ilk ash hest the left aide of is head eel ales is femme arms mesh meth* and Wash. gad there was .she limed white eggesred to be fresh es he hair. The seer maatelpimes Ind the sides of the tie pin were *me whaled with bleed, re of the outs ea the smeateluine earrespadisi with a wood ea the shill's bead. The =Ow wai ath is tin room st the Use, having pas eat is Man AD seettheem, saying she did est wish * stay sad* the ail INN buried. While in the weeklies's, she had hers ma he them 0,4, eail., child in a r 1111 eit 11MNS warm ea te th e mid had frequently head fault with the roes he m it too much food. A peat saarleas emothellea et was made, aid the name hosed it liselthy hat the was of the head and face were mot oaths the extending from the pairterier rat a the loOk a r be ite m ane the 'cheats wen We briled, sad time IMO blood nader the amlp, sad • woad ablest the do of a hall•erewe ea the naleids • glees of the eat about two inches la Leith cad is lea and a half wide On we deuelial Oa the malenithe el the litopleee was a osit yen shater le me et the amide ea the Okild'e bead. The wanes dialed kintai Yap& her elthl than way, and said the blew. hid Ismw. WINN In Ithiphal having thrown itself, whilst is a It. saelffiel • plale ii sheet iron at the heed of the bed es eamballets. bow ever, no seeks whatever were h e al there. A mem% inquest was held as Illoaday whoa Imalselle Thompson WO committed to Durham Owl fur Ida at the ms es to the charge of wilful mardsr. TIIE ACCIDENT AT SOUTEAMPTON DOCEL—The official report of Hr. Gila, the or to the Semlimasp toe Docks, respectisi the late es~ lien. was esbedlted to a beard samtieg die dock dileselles, st yesterday. Tke easeset the seeldeat Is allielheesil les seas ni the wall sear where the sheen steel. The sea% Mei Ken by the werkies d !if new sad the Mel. mid the modest. The selmaeues et the wall Is lisibresi see to be injured to the mtest It ems des surmised. Awk dam is to be formed about 200 het is kerb, sad the Will is to be rebuilt effectually os • mild fousdaties. Messrs am again to be erected where they formerly stood. It le expected that the damage will be repaired sad sew abeam erected ia mouths from the presses time, lad themes Is estimated at 10,0001. RAPID MANUMISSION OP THE Ism MAIL—In consequesce of the De•gel and Colombo, two ims esteem Ch ines. make esejeastisa with the Aga sad China sail this mesdi,islim jest ening is the frisked time ea semi. the West* seeds • _OEM Mooed pump, having pole die eus Ss Alsoweift WWI boys, • distance of UR new. else stipples se =Wier esi Welts. se. is expand et flestheople• es fl Ist neat, Ave dale Whey her enter* Ibee. 15 or «row of It • Mid eos^7usM 111 the Isdlewed Chias mail this tine, we ham seedeed so" 6181 Pei Ibut_is 44 dors hem oases. ft 0 s od how ...b..11 days. Thee see ter mil whets petted at Ilesthesaress sent eissisy, she. the Tel hes the Bomb; the Dods, from the Pesulasek ; the Iron /apt; the isisla. Amu the West labs& The United atata mai 111111111011 umentsase sumbe between Asersis esillegbei the Wee eat et this nes*. The wa'bkaiteabseseliew Tab dte iseibeEllesa ea the 27th instant. _ . At Vera= ud Mantis the Carnival b tam- Mama bnllkiely, .• 11 Tornmere baiag apasassiemed Walk ciao& Poidabid. sad MAD". WAD von W ati= mad Oiaglial, dad Deism al CITY CORPORATION ENQUIRY. Yesterday the eettr6irlmma met in the Privy Caused Clseenber, Mr. Idtbeigillogre is the chair. Mr. B. Seat said then nee eM poiat Is his midair* upon alai be tilt seam delealt, es to evil the fullest inliematies le the his es■r•repeter disy he ememuMested ble le Ae Oommittee, beemee Sidles MO be had eeddss emir el, be did set magi, himself at Map is staseAbaser without Oat siiimimisei; with its. He M the subject et • meet maim Md. Ns SOMA that there spas se MI al OM mime atiliaseele with the mepostienatat OM in einie MN* dimes et a eisiontil ainerybod lama to the mai, or peemetleg City intesells were mime d. =is Y Mt difficulty is nem miss doe leselaiss pia ll Wans that he was medliatially oppleyei r 'Wilke Ma NM he the remand of Smithfield ad l• pltilS i the MU for the Central *AM with ingseinmeath The Mutat Committee NOM& to lit the trest et drib. des millemilif eigendlines that missies he mien waleah h he Was asablestailly emenioied— nstislibellideepseety ss ehisf dials the ClemalesitinU as% bat m es ilividual in whim the Merit Commiesee =• maddential trust. TM re be ammelel Min son at 2,7 lie appeased la the seseeste of MN led UM, es le H e panne Wart dlietremimilammenstant at Moist Ismer mint Ommobbee. The ememlitee Miteuemil the e tram is re op peal= win the niniSnlier GM sad is favour of the Osatral Mesteas. The sememlieenser took the OSlSlnkri Mel be dele ~we asikee be rapeseed le di, inesselelaa, may dam weerenia wide ease la Se masa amense of the awake. Tbe only diffsemos bon the mod of of was thio—thas the osmium %mad of the ie Mae of equities to be laid team mass with remain his OIL absok athe expewilinne. Time whole amenat was 2,7111., and of ads ram 2,6601 am sap siell in merman. age miss, preemie, minim paisties. mai law stationery chugs*. Mr. hers ad, was was et Om time the semeeny of the Ostia Market laserlailas, mu sia• ployed by the remenimese ea that emir" *khans puma telly sempetist ast up ponies m ot the CRT. TM remaking 1 as sepnedei la pommel te gentlemana for literary sentries eminent an that aessoloa. The Claims —W bat el yes men W literary nervises. Mr. Suit—These gentismos bad gime to than the I ramie. reports of the sliest osmium of tho HOW at b e psi on the staWss4 tegesher wish the mime his Mem perliament, sad Wm Mud l 2 e ofibilles• his Ike = of drawing up pews sad midis the ranee generally in a literary way. Tio Cbs;rman—Do you mean that they wrote pamphlets se Midas in nt amen ? lii. Scott could not say that they wrote articles for but he dared to say that articles found their i t il m ili M e The newspapers. There was certainly no ar- PlellPmeat with the press with respect to them articles. The articles were written is a general Stang way. The waly point he did not feel at liberty to matins wee the wen of the individuals who rendered ddje eureka, which INlMiliesidered te Ms ma . dential. The lide moan& m seepsnded was unit The elpendltin this nosey was confidential, fails realm, that it was ninseully Nee eiders(' the impression of ate patio would Se men Paw. sinful it the agency wig MEd IMO moved ISlSlOnStihnown. This was the onamea praise is *pp.:Mies of Mb Mai, and their opponents do employed an imam Nest In the City and procured The Chairman— bre!reee year opponents / Mr. Scott—There wee a ammitte• se moiety far pm motion the removal of emithildla market, id they Mite soWeriptions for the pulps* et skandet a their olieL lie wee not speaking the gemsesuilmt, tof perm* who formed an association to promote the removal of Smith field, end the corporation, feeling that their property was attacked, and that it was sought to deprive them of the tolls without cominnsation, thought themselves justified in taking steps to oppose the puling of such en act of pulia. Sent. The Chairman—Whom these accounts cam. to be audited slid not the auditor take notice of the nut thus lumped together ? Mr. Scutt—lt was not lumped together. All that the auditors had to do was to see that the warrants were pro perly signed by seven members. When they entertained. this they were justified in pawing the accounts. It might be desirable that the auditors should have the pun of giving the fades , . information, and of embus the ssiMste clear and intelligible, provided they wertonst uneeered to control the expenditure of the Miner b* lIMMOS MISMIats they audited. lbs CUITIAIII—If thin add tit= an tam as this, and the sans of It would . V . Ml open a door to abuse ? Mr. Scott—lt did epos •on to abase, bat he did Mt think the power had bees sbeei Mr. Atrium Merewouldometston sink was tins 11111 X and gave the following ftsa--I have Wed Mop ed Own clerk for elates The ail, f Istra girt M to &mad to all W kaieMd thaeoPleiliell. Ile Mende as Lord Mayor re di were WO he nen 3vezrind it is lie delt, le lend el nosy • and Common MlldllMle Coup eMilmouts belonging to the MIIIIIIOIOIto In that the Minstro of the Court of Aldinnill MOMS ONO. MIS properly entered in the moportiryllosslnto rw WA lbws minutes are properly printed, 1011111164 sad anitsred in the joirsals ; to attend the ' sten of sieursaucy sad navigates, sad to preptnallsons , Those duds ssoopy the slide et hie MOO Oil so the whole time of the clerk,. TM town den dole sot do i amp private banes betide his day its entinitts. Us' is the ism of the appinismat. Thu id* of the eke whet 1 task it was %MK, Mt it stow sented the semint nen es one otossite. That elegy Is partly omit op Ma quarterly payee & be* the City's sash; the enialnder is wade up freer est** sllsusses. The Conan Council are of opens that tho laws desk should he paid wholly by salary. TM ostler Ms We When to • oessinittee and is now osier alinddoMlllid by Oen The ninon practising la the Lord Medea 08801 pomeased the right to do so. and as etentiss Us sires aratiend to Andes by alienation. The of 7the see wry Mien re-purchaaing the meshes At potent there ere only two who pans the of alissudos. One of these is the City isikatar. bit he diems very little profit from it. Os as tosenseedine se the Eissider, other amain lave bon rielesi sod ssi es the roll, but use of the athsealso robs has net cad is right has objected to their protheg i• the Lord Mayor's Court. The subject is nadir assalisratiam tad I have no doubt they will ultimately he shidesi. I de set stereos any eoperinteadance over the Mel barn of the City. My *plaits is frequently riled sel sir testes I ge m e j lt. on I ha* the custody of the chasten of the City. Ant 1130 is number. I have the pater mobs thoa bin. It was intended to have shwa amnia cad aaikted. dad that was dose with regard to the obuseit is to the Mgr of Edward 111. by Mr. Hedy. lin tithst Jinn of their cutti, but I with .course. le ; i t renneurs have vo sa r... el ** *l L:z of t dsein ite it sand ." Nan* Onensataries of the City Obaluo." the etiete he se the seal of th e oaf seslia& it Is. gazt.lhet, quite wrest and sienna It Is gait* W refore, to say that there is y dllissity in what the chadors atm City of are. I it sty duty St new sa iinsiles of the* draws a the cam of a asit losaltljrz a dr e T An =Vey thAt i rs t oe id wok ass hawses is di eZl ilks=lf then shorten or the saltsloate clans Is yabilibed. what sa W K as eta the aspastisa base la T solia l : s ajass ? r aspeoli hee ealm heat into a vial= of Paw sad possostlest• thee. deem woos_ spa es I se not aware that there is a saes ass if= ',Mb sty not give rise to legal doubts mad oretstowsty. lOM aware of what we. dose itt e r pa r saw sszt raises of ths baud= by Ow but I look spa Oat so tho ..ore—ysoosed leg that ent was adepts& The wear masa of Os chutes beat as tine of w ilds lbo Oloopieffer to the that Is is Idea There ors la Mr. Nodes% ELI *ale wdm ptioirel ease. I deal think It M say isjaty wham, 11 those amass won plated sad yublitbed to the world. I del Wok then is my arastel @barter whisk is se 'nine& Thin on sons OI shorten in the Tara sot Lawbra while is rebate . nay these charters been the oserdwies, by of the Court of Crew Onowsll. lly the landing order of that one is aspastlsa of the City "Mein is forbidden to say may amp by their pumia an and authority. ' Mr. Lewis—Does it En sees debt and reasserble that also • one* diets is Moded epsa ehabg the miss ea whoa thimbles is sob. shoohl have the liberty r=sting the dosawatt ea whisk re elan is sold to be 1111 Mar—I MOM or a lawyer, I. tonna a vane* whisk is now peat bolas the en* Than is et charter for re guleng tat osalitatisa of tho That is lift es sograirell by ths swam g id e = Thin is • thereat enraging tat worpwalba Is as& sash impreamtatto as way - lio he the geed of Ho ass and the public." The dram soda na geassibageogo.that they are opals ffamtiaa. The orstiadia of Os Brarise is steeadve d M odasass of say salsa la the cur of Lembo tbe lobos peas piq from as largoalsa tit desonsaa. to meads via the Guam is He ha ea wily to =salmis the has. bat aide of *sat a Oat of law. It Is • very *Ewa sad aso paha to how far • salasoosat saran sag lad= wbbia impala pier ea*. It vay nub dyads ea the dorse disk the last amber he bees Maps& flow is as diSsulty In obtsfisiag mar So Ils shalom A y r lbs of obtalohot Wasirasa se tho ossasamlaisitt orailows of the Gan bat ohms is • Woad Steals. to daub, bipeds& of that. with a *wit to pastas who sand Wray appal to tbs W s aware of dm oda the imams sad MAU aas ale swift Val el Tbarre. sad that etas wows soaosilo. the eight a the bed of the aver. I deal *lab lbw oar sowaska charter astayst the City °balm The Iwo Meyer, AWNS"' mg Casa* regalia the asassawat of the istiposilloa ft = Ilea the bosaissie of the Cley_boya somisld mamma tram Oa osollaa tion. It it Matt_ w whoa the sas. utopia sasadsi loyal the elty boaalidoL Ns eight the (111, sod Leaks wore esossaalosas is mint Haw. I masse a Oa y it st tad wee so iso Ist the 'o dos of dic pool , or ff en the mamas Ira Samba Demi Ma The smosiep sf the (Hy of L t ast ades will IMlnossk is to sa samobas NOS, sa t offetatitry is *Mt, beasts sabot d r aw leas thole oast papetite Vas. THE EXPRESS, FRIDAY EVENING, JANUARY 13, 1854. It is not gaits .II diet the borough of Southwark legally within tbse_f r d is =. Os one esmake the City of Leedom Me *kaiaks of the sheriff of Beim I . IZ7Je berorio of Southwark. My ewe isdivideal k thee on hassavealease would be felt is the City of Louis. if Southwark wore completely amend boon it. It is impeedlis that the coopoestion of Leedom gas do anything in the matter without the inter hems at the legielmare. The rights of menermasy, plessrage, and Mese weed far_ boyead the beesdaries of the City. The only mmielpS bay to the nesteopelle k the City. I have new heard it segipMed that the City represents any body beyond Ms City losmanke. They la =nke*. palls ream far purposes et ehooky, bored ew bsemedadoe ; bat I dm% think MO soestitnies =eke • migeassestien el Me other mew of the esead They orig pins theie in Moir glirss re 'spooky *Moir own dietriet. fl a ti wk—la Me statement mode yesterday the Lord =k described as the flat of the fleet city world. Mess met that ion ply that he represents the 4= l Sesemeet was drawn up la a hurry= I dem% WWI a the dmedgelso—far hem 'The Mitios of the Led Mops eiesipy the whole of Ms line: mod I tem Awe* assm the Lard Mom sink modal the dudes of hie acts dim oilserwim. Tho Lad Mayor's @Semmes k emerged es idiom : ()Vim for the , ablidas of coal merge, 5001. ; Lord allowance from the City cash. 5,9971. Ile. 4d. ; hem of Constr. Tam 11001. ; Salim sad luespin Waiter% MIL ; income tax paid by the ourlonellosi. 1211 7s. Gd.; lows, 181.; coact dues, LOOM; ken Me Bridge Run.. ; Old Bailey and other fen, 1201 k .--tetel. lea. 2d. La misisat times the Laud Mein arm vammened to Ma AM Privy Council held Ma the join el %beams, es the Ant slicer la the land, and ne M. betruneemtef treassaitting the crown. Be is still anamaal ea tidemarks. On the birth of a child of the severely. or Me death of a member of the royal family a eemommisellion k sbo made he the Lord Mayer. With regard to the bespitelity I has one remark to make, except to say, that beepkelity of the kind met , deed by the Lord Mayor is sot tesneul Ia Ragland. The avenge samosa of the Lord Moses pessaries ia ?001. On Ms essielem of Me omemise this beeptkilty, I don't Ida the Lod Mo=peolones the whde Metropolis. Theps** Leei a i o ponseme peudier with a ci e r stat er wi imVntenekomit. a in the render estate of Me Inds of sad Mink it k &skalds that it should be nweewd. t Brie lel, Liverpsol. and, I believe, Mr. Lewis—lf thk power be good is Pliebstreet, would it not be good in the Strand ? I think It would. Me I. Patteeen—lf sea is stealbed for a debt of 1,0001., ▪ teA rni t the garnishes lad bell it Me 1,0001. t That is as. Bat my opinion is favourable to adiseme el dm power Mattschiamt. With regard to :sees won sleeted for life, except than was Mom for their removal. fits removal I could be Tomato, or by order of the Com , ass. Olitollerthisre is a use record. The ma gistorial of the ahlormus are nodded on a very an flint Mader. The shisrmos peelhou their magisterial duties with great sadefootim, and the citizens feel most strongly on the subject of retaining the appoistment of their own magistrates in their own hands. When they are appointing an alderman I think they do consider the fitness of the individual to discharge magisterial duties. The aldermen judge for themselves of the feels that me before them ; but they do yield to the advice of their user son iu points of law. )lr. Lewis—Then they receive the same kind of assist ance that a petty jury receives from a judge. Witness—Yes. The Court of Aldermen sit about twice • month, and they have many end important duties to perform. The witness having described the nature of the duties of the Courts of Aldermen and Common Council, expressed his opinion the; nothing could work better than these two courts, the functions of which were kept quite distinct. Both courts had the power of drawing upon the City cash, but the Court of Aldermen only for purposes belonging to their own jurisdiction. Thep may be differ lilies of opinion and strength of expression in the Court of Common Council 'pastimes, but the practical coachoion to which they come is generally sound, and characterised by good sense and propriety. 'The Court of Aldermen do not control or revise the proceedings of the Court of Cow man Council. The latter body is the casual representative body of the citizen,. I think the division of jurisdiction between the two bodies is something fixed bylaw. The Court of Common Council could not pass • resolution tak ing away the superinteudenos of the prisons from the Court of Aldermen and vesting it in themselves. I don't think I could suggest inytlliag that would work so well as the present system. I have esweidsood the subject, and asked myself where is the ma, sled I amid sot detect. I don't see that any good would be ellbeted by reducing the pre sent number of Common Comellmu. Though all may not take a part in the business thug may act as *cheek on those who do. The business of the esmnsittess of the Common Council is performed in a remarkably satisfactory manner. I eanuot well pietism anythilogessitisketory, and it is ise melba to speak too highly ado mode in which the bea ms's conducted. The Commission then ediestineed to this day. .4NOLO-PBRUVIAN BONDS. Yesterday a general meeting of holders of thew; bonds wu held at the London 'ravens, for the purpose of adopting measures for the effectual protection of their interests, Mr.. RICHARD THOMSON was appointed to take the chair, and after eaplalaing that the meeting had been called to protect the holders of the original Peruvian bonds I against the consequesees of the late conveision, made with oat their commit, whereby their ccurity was diminished, and the market price had been knocked down from 25 to 26 per cent. Mr.Thoe. Thornton said, that the gentlemen who had taken the initiative is the present movement, had embodied their views In a series of resolutions which would be rabmittad. A statement bad also been prepared de tailing the whole facts of the cue, which would be now I read by his nephew. Mr. Taos. Tmarrox then read the followiog state room: " Is amosquage a the prejudisial shames which have be.. mode k AnglaPentrisn Beads has the past year, Me naleatoeled late el the holism end the late stamp; to loentime Maio of the bawd at hem debt es this IMAM Mile mad* hoe he.. Masi*persons who are largely fatesmaed, be the wpm of emitt i ng to your consideration the temessabos of Mae we have a right to oomplan, gal the easedird samara whisk it is wished to recommed be your adoption. The situation in which you haws pistols, noble it my duty to lay before you the maisoloraisto Mink lave attracted amiss; and the first w ease to we beg to Sall your attention is the conversion of the kis balm Bones 'raper Cents. and with respect to it we have to say Mat Ms prindoolosaillitios of the arrange. meat of 1849 ast Mea tabled, as we had every POEM to mesa it i =ll% the Me Mahar had no right ft tom Ills mama= ems as- at bast, not with est sin neenths' modes ism lst Apill, 1863. It lale seedless, too, Mr the application of limedsurds of Ike hell nrplue premeds of guns. Veal& en limb ill befo g mew kept Mem per, would have MOM II Ilailllik Ilk" wield saw* ben fallen Inutelhevensd in Isubiane *Om& should or &Nil net be Ask pee fuhlie men eme of the reams alleged for th senuelh ion) geoid have thus settled itself. We received 11111.. M. be •41 "er mat. stock at 86L for 1001. of 6 per mei, id timely sessilled 13s. 6d. per cent. per ands is kliesoll, ~.. we obtaised 1 pa mat. &diked ad reatk Misr* a ea the sew sash: Ira sae weeks hem cempeenefilsg us few bre Is Ile we of Meese. Ad this dram we bed to salmit te fa seedesiemils id Me wishes of capus, for we have a espy of theist of that body, under which the Late was eating, sad find it to sty dearly and ex ;oily, that is any arrangement "the rights of the median shall always be respected." Unsatisfactory to us as this conversion was, it cannot bat be to to the people 'a Peru, for at a saving in Murat of about 8,6001. per imam, the capital of the debt has bees harmed neer 100,0001., and a contrary to the spirit of the set under the authority of which it was done. We would here re mind you that by the arrangement of 1849 we sacrificed 33 per cent. of arrears of interest, for which there was no seeessity whatever. We next acne to the bonus of the interest on the Deferred Bonds, from 1 per sent. to their maximum of 3 per seat. per lianas. We do not think that this measure has bees properly understood by the bond holders. It seems to be a great concession on the pert of Peruvian government, bat in reality it is sot so, for we gave up the quarter of the half surplus of guano, Which was pledged for the fa dempion of this stock mill April, 1886. A calculation we have made, on the supposition that 200,110 tons will be sold annually, shows that Peru will actually get by this operation about 240,0001. We believe that she gets another advantage, for one reeding of the old bend implies that, after April, 1863, the entire surplus of the half proceeds of guano shall be applied to the extinction of this Deferred Stock. We also gave up the right of converting this stock into the home debt, which hatred per cent. interest ; but we are not likely to regret the loos of this right. Oaths 30th June lest Mesm. Marietta and Co. received from Messrs. A. Hibbs and SJUS the sum of 20%0001., being the half of the net proceeds of guano for the hal f-year ending that date, and exclusive of the 62,5001. they had already received for the payment of the April dividends. We have already mentiontd that by the armament of 1849, three-fourths of this surplus was to be applied to the rushers of the Active, and onafourth to that of the Deferred Beads; sad we hold it to be inoontestible that as rani of this sorplos as may result from the sales of guano up to the lit ed Ape. 1863 must be applied, in the above proportion'. to Ike per Masi of the present Four-and-a-Half sad Three per Often. the money does not belong to the Peruvian We are unable . • c certainty what gam ty err ilat. was sold up to A lest, but as upwards of 119, tom were sold fr 3om snare 1 to .1 use 30, aid as Y and March are the best maths ter the ° sr% it, we thick we are ender 'rather than over the mark, in miasmas the sales from Jesuitry 1 to April 1 at 60,000 tons, and producing upwards of 120,0001. for our half, applicable (as we have before said) to the purchase of bonds. We have not heard that any such purchases have been made, although more than six maths have elapsed. We now come to the issue of 1,800,0021. in Four-and-a-Half per Cent. Sterling Bards to Uriberren and Co., of Paris, and of 400.0001. also Four-and-a-Half per Cent. Sterling Bond,, to Mr. Joseph Megan, both being a conversion of 11,000,00 dollen from the internal or home debt. The night sad dreamer of this debt, sod the mature of the opermiss, Ma Mon se flary eaplelsed la • later eddied In the Timm of the 17th ult., end whin we prams' meet, if not all, et yen ban read, thee we deem it sanessesery to take up the Gm el the suede( by segratiag them. That letter was writtea by one of our ismber, who is grimed to swain the general seaway of the state mats manned in it. flai l ! bee ben stated that makeesces for the had net tw o o l4t pesre allowed them for the of bred to an wad ament lees w Prinks lesmomy; we have the Uma Adel _rpm sestakieg the sestreek and we sera ild, lip the kit ankle eat by the preeldwat's ro amer& Mat SIP embeesese were to motive the staling bleeds is Lanka, en giving smartly for their amount, and OM the term of two yeses wee fixed for the delivery of the bone emir into the Fauvist' meentre. On this 2,200,0001. we have to observe, that it presents the Magner sum* 6 l ' the *Matinee of beads repiesesting ei deal& be seat—v is., thoee in Bump sad the imlp k Pmt. We, say, probably, because it is likely seem* dime as Ipeallse esmersed may have ben& and delivered a Ire elf the ardroadiag intend eerie. On she 400 boned lel dr. liseso, we have peehrly to remark If have bees arreetly ialismei. by some lamas se beads have bees made to ben a plait; on the pad pee- I seeds over our owls." Mr. Bicaxom attributed the unfavoulable position be *deb the ?MASK bead dm now deed to the of die Comaskee, of lead& Adds= Deafildiass...t t t samakies bed bees embed twenty-Idr year. ege with prose le aid to their ambers, ma dbey had gun cm ever lien Nag up remade as they warred without ever erisibcto a pal& meetteg to obtain an isfeelen at sow lised,7assa Odissaii. the shainere, ad seas six or seem edge toes of Imam ßgebe dm upon the evessidiss, he bad to be and ammeese r liat a 1 Ain ems vele peamalsi Ildral, ad, doss by Ile Ilk team at whisk they maid hem th Looks. hem Wastitting adds te fob ids% and as the ocadulka of Ms sem slum Ail set make le iteetwary that Ms deabees ahead be easel kakis of ell the several dress of lode they IMO et VIM le peter, it meld that la dr bus erammeks of tbe Aegle-Psravka beads le hisusah of the hikes bed Ida lie walk modes led hem WM, sad the ma d = born sibmed without that, whisk be eery sake_ ease bed bees aimed emassial, the enema of tie beakablem. the o w oldie Mg ssissa ssamesiss, the ememitlee Inv the sew beak ad darns keestaced esslitices trameing to the held= slghb equal to these they madly bid, sad the mar seam wadi have bees rhea In resod to She Proviso bends bed the 'seder' pad tie mord to the Wenn will disk they dm askrisi. Time weld love bees se suss fry der team assedstisms, it the sommiskere led kre by the Pernik imesememe wen invested will fell 'demo bell se M the admit of the Issa whisk it wee peeped, k 'dm Se' Oddgo the skid premises that ilfflielliked to ail be the di Maki debt, mad the askeisas area whhh the bids shied be veaversd. Tl 6 eared of the isms& isle wheel by this new operation le was peeped le maven km fa= dohs sad mills mos ibe • sessetty upon the beads of the Blida Wks rested, via., • ritiif the pekes of the game des, de shoat 00410 of Mir% drew Ile kb Presided Ides he de eSes bed slated ire the data isms& &bid Pees wet =kis beds= hue and ire mikes aim If the essen k 0,0011,111111 spa C li Ter il ledlif lONS t a i the =cat s Midas% they skis balm eid milk 111110411•9 apes It. The miss dile basield ale bees skid by aspen's rat Ile geed Idioms, Weida. esker Ma o bat event replete awed keg the apply el suss is the finis ems MIS that mildest le mettle dried IbeliaMiliseefibe Narks peesemmesst those these eme. MOM wee seem vary kr the leadhalime was to bestir themselme mei to take meanies le emiWbe Perarsa emended to be h ad m Ha had se ink ., suatiderisig tie demplisa that l be preellsel wpm and the isweedild khee of rim k ear era imemathiro lra eads. wall te Welds kids, dew beadledime, if the ars wsse eusgmly represeatedte la emelaike be read the fading redder, sad awed M " LTt alea tils maskit, views with mired the measures wield W the pessemsat of Pare, mad in erste, kr As taresedia de peressof Ike him debt of that walk kW studio beak ad ems it sattssary dries *inky histkuld kW ell the iseaskisess asseseed ilk the mead's and dermese 'mem of thee ask. ad Me the le pal them Issas es le di' mshetB eke s Ike an be mei, liel megsall the dale of Ike sodas kris asdig hem Meads dre es ad up le the Ist dime. . di se bee Ile kW mamma Ida the Lie menu el daskimades bids, la wise OM Om mese dada messuses Mermalle be dyed Air Ile Mort, pesiesdea, sad severity of lialm. a 1 That to carry lite der die dome mama thisommitisedliossfidlibusibikeste yaw die dad pewee red mks* _ls proussio wok [ssiliav~se. and to is sash elks moisuis as it wag be asheikat sad dbsesal i f e r meme rpmes,thee, sad if ernalidei Vie MA 4 the kink " I sad 4 emir to the order ef the esamlllee ad the el the Asl e That redis k atha be side to the emidttee of lima Add. baaksidus for a sea vadat to LAMBETH BATHS AND WASHHOUSES. Yesterday a Mehl. d the lintrehOldere of the association r wan _lb, arm stints was held at the Baths. Wittiseewea to am two directors and two anditor eel es the gore antler. of the em ploy. W. Williams, Isq., the bens& member, was mesa The Cantinnit (IL Taylor. Esq.). is opening the mut hoeaaid the demons were not able to espetulate them to the easel shelled lisped, ewe( to eimestesses over erflees had so essioei. Wheel the esseste woe la they ruched astineers ken eneea bah. is Lades, the lowest of ad* wee Mr. Cobb's, his Wing wake 49100 1 , while the Ohms wets abost 7,MOL red he woe simMEHIT legrinted swastasur. Notwithatmeding the WAS peorpoNoi they awe meth to tees this anal July, eel thee mit* owimmillhoila Ind tbef wen left is seek di =hies the Nerzemeg, who was sable to hill kis usteset, was wow • =to After see time shw of the pine beat IPSOS ; bat the dirseeme, iseldei a lLhe mama Isles. the peels; *Fed, as& the west of remiss! epos shoeing them op, sad by ark* se they mead mew this 121. per week. This. was sow every peeped by the last week of Mira to be able to epee the iamb of the baths, and they irlilike do se by ewe public demonstratise to hreped se the Imes asimishea they had two of the Isegest ameing Mae he Imam, sad in the Int mesh they epos& they passed MIL It wee now per pease to beesew VOL ; sad be (the Chairman) had ao ask that heir immileed, hr. Pete, would lead them that ens, to be psio book is In yam As he had before Amid, Mr. Cobb was • beskeigt, bat as he had sot - illed his seseset, they did set =pest to be called a M pen by the 'agleam to pay say of the miry ewes to him. (Hear.) The isezinkay this read the report mid statement of Tempts, whist awed the receipts hi be 6761. las. 7d., mod ensadiesse eau 2s. lid.; leaves a balance of MK Ifs. 6141. n• report was thee adopted sad the adieu sad dins. tees elected. Mr. Basatiux did net thick that ossoceey hod bum obeheit. If they were sot as useentical u possible they amid set upset to ream a divided. (Hear, hear.) The Castilians implaisa the mature of the various charges, and in saner to a eta el mid that the sum reqred would pay all experts ad leave • Delano" cm band. Mr. MAUDGLAT dinette), is sear M enether share. holder, mid that the webs wee Mesa hem the Lambeth as works, swimthey laiLlaid la= g i irm= as the large ming Ina ghee of water. The meeting then fonts* itself late as esemarlarry general meeting to aside the best way of berrowieg the 2,6001. The Csmaccut eakl thee... about 1,6001. mesa 09 emplace the baths, briar what they wee rag to be.... They could never realm moo them les per _seat., bet if after dividing the to per sea there mamba • amiss, they wasld proceed to the ereetios of he wadhossa W. Wn.u•ws, Esq., M.P., made a few ebernetioos to borrowing the money of Mr. Pele. After which the directors wen mipmeired le borrow the and the usual vote of thanks lowweilled the THE " MEE * AND ITB MESSAGES. TO TNT isms OT Tl 3 DAILY NNWII. lit —The Times publishes the Mewing ten. MPhil 111 . 1111 ge : st Weiblaft•_ " All Rona shiprof-war la the Vi llainei hwe wen to rents ee Ilsbanapel." The Nine* Obiewle rads thus : " Vilma. ireiseelay. " Odom, Dee. I.—All Pnedis it e.etwar have been aneni to aseenble at BebeelegeL" In these two TIONOINOTT Owe Is he min than a verbal Wimps". The Tire mile the Odra eadl the due t paw Wen sheik* Sm." mil gins the yeah "sews to' prig et" iambi, at." The setursinianses hen the 1 et the ewe la net it is ssieloseptel wise ass St. essii= a issmettillip esassz=i=rl Mies rate s ism lrest i =te essesi. we see: tueleemiA that dossier Ile gt s d. emoblie. eg Wye et RAMIS anineelien ash Wen fro ably ho le ewe llnelvenowneat. Is wea Wine UM there le an nen hel ply es pan el yen tinware* entswinney—la hat eine se l , it : t art . he ewes web Intlj k szne we.n Thin g Ter7Jas. lt Tax EinuararEMllli of Pale ben jolt ban apaiii w. ose &aim aapimil of her babes. leek WEE bee dam balm iamb boildles three sEd alb far eseline. Gan swam 1: 1 2 1 r 181 111- pool of pipomeom se s =p u rip; bail of MON Oa MN puma ibe Masa TM maim ow an y a =lag se.. bp i Iwo boa wades lbe nark lbeir vela at dr up. The boolsionie lave bees tapneelable alba es an +be me Ese puma es nide Aeop Y lei It his bets essliewile at Mims lo amble list peaumgen to al.. defray the expenses of the special committee, from the funds in its bends derived from the 9,000/. and upwards received in Peruvian Refund Bonds in 1849; sad failing this re soiree, the meeting pledges itself to contribute a sum not exceeding one penny in the pound from their respective dividends for the purpose. "6. That this meeting fully appreciates the wise &tete- Moe exercised by the committee of the Stock Exchange, in not recognising the negotiation of the domestic debt of soy foreign state in the minket, and confidently trust that it will steadily adhere to that principle." Mr. Ouncialosi seconded the resolution, and thanked the chairman for his exertions in endeavouring to repair the eonsequenees of the neglect of the Spanish American nom mittee, and to protect the interests of the shareholders. The demands by which the domestic debt had been increased arose, es he had been informed, from corruption and the elaints of court favourites, many of them females, and had been purchased up in Lima, Paris, and London at from 40 to 70 per cent. Re believed in this way the home debt of Peru had been increased from four or five millions of dollars to something like four times ti:st sum. Mr. WARD—It has been increased by the means referred to and by the claimed the Cbilian government for the ex penses of the loan to between 28,000,000 and 24,000,000 dollars. RAZLIWOOD, as a member of the Spanish Amer-- eta bondholders' committee, said the reason that committee had net moved in the matter was that no application had been made to them for that purpose. Mr. RICHMOND considered it was Mr. Halewood's duty to have called the attention of the committee to the subject. Mr. B. RAZLEWOOD had done so, but had been told by the chairman that the committee could not take any step unless they were formally applied to by the bondholders. lair. Lzwis BAZLIWOOD said it was not the fact that Mr. Hegan's bonds would have priority over those of the mi. ginal Anglo-Peruvian bonds. There was no fear but that they, the holders, would receive every farthing both of principal and interest. The security was ample, and there was no intention on the put of the Peruvian government to break faith. They had wet, under the old arrange meat, more than one-half of the guano proceeds as a secs lrity, but now they had avdmightbs ; sad if the debt were double the amount proposed, that would be more than sufli ! Mont to secure it. The produce of the guano this year would be more than seven hundred thousand pounds, end neat year it would probably exceed a mil li on, while all that was required for the whole of the debt including the new bonds as well as the old, was about 220,4001. a year. He should be happy to join with the proposed committee in endeavouring to improve their posi tion if visible, but he deprecated any step that might create needless alarm in the public mind, and thus run down a stack than which there was none more secure. A RONDKOLDIR warned the meeting against what he conaiderai an attempt on the part of the last speaker to mix up the new debt with the old. Another RONDHOLDZR, in reference to Mr. E. Earle- wood's observations, said he had called at the office of the committee of Spanish•Anxerican bondholders to complain of the proposed arrangement, but had been told by Mr. Powles, the secretary, that it would be useless to interfere. Captain Rom thought the proposition for appointing a committee of the bondholders highly necessary. They were originally entitled to one-half the guano sold as a security, but by the new arrangement this was taken from them, and they were only to hate 2 per cect. as a sinking (and. L. Ifsaniwoort said by the original arrang.ment they were only entitled after March, 1813, to 1 per cent. of the guano sales as a sinking fund, whereas now they would be entitled to 2 per cent. Thine who objected to the con version might, if they had chosen, been paid off at par. The resolutions were then put and carried unantmousiy. The following names were proposed as the committee : Messrs. Richard Thornton, Thomas Thornton, Horatio Ward, A. H. Richmond (these beiug the gentlemen who had called the meeting), and Col. John Harvey, Mr. A. Hodgson, and Mr. D. Gowan. A BONDHOLDER suggested that Mr. L. Harlowood, who could give very valuable information, should be a member of the committee, and Mr. L. RAZLIWOOD proposed that Mr. Hinnaird and Mr. Leaver, both bankers of London, should be upon the committee ; but it was objected that all the three were ineligible, as being interested In the new bonds. After a conversation the original list was adopted, and thanks having been voted to the chairman and to the Press" for the aid it afforded in exposing improper proceedings connected with all classes of securities, the business was brought to a close. ARUNDELL COPPER MINES IN ASHBURTON. Yesterday a general meeting of the shareholdek of this mine was bold at do adzes, New Bridge-street. Mr. J. Iltratusa Intim Oho& The Banantadt read the statement of accounts, which showed a bares in web of 6311. 15e. 4d., from which the 'December costoebeet befog deducted, left a balance of 2001. The CRAIIIIA. mid the Wei object of the meeting was Ito consider what man *mild be made. He had a very favourable 'pinks& edam undertaking, and every exertion was now being made lly the erection of a steam engine, dtc. in order thin it ailikt be properly opened. In addition to tie saran alba emnria• as • mapper mine, the gold gaselier seise eumeden yto Its intemt and imports ore ; sod be was melds Mat when they got lower down than thss were at promod, they would cut something good. The BsCaITART On read several reports of Car. Drew, the agent at the mime, as to the operations during the last two months, Mating die preterit aspect and condition of the mine. The miners had been unable to proceed with their work, owing to the inclement weather and the late heavy falls of MOM. Capt. Daiew then, at the request of the meeting stated that he expected the engine would be emoted in a few weeks, when they could recommence the sinking of the cl a shaft. The had now reached 23 fathoms, and he to rink further down to 30 or 34 fathoms, end then make a esoes-cnt to the great lode. lie also re osaamended the matting of what appeared at present to be a eastater lode bearing a large quantity of gossan, and makielthe fourth lode or branch discovered during the Mi lks C t ialitMAX said the gamin was a very favourable indication, and he had ao doubt there was • regular lade. He advised them to am nosy ellort to open on the great lode from the engine shit, which he thought should be continued to 26 or 30 idler's, and he thought that under neath the mass Cl preat i :y esi eexpert to had copper. Is reglg to Mr. Wearier, Dnew stated that his =ter e. mine was favourable, and he be dry would seem have a meat protitable mine. There was no question about the groat lode being 30 feet I wide. Mr. RirDa considered the course taken by the directors fke the development of the property • correct one. and sug gerftd that experiments should be continued on the pro ducts of the mine.' Mr. CASIT otioldered that as the mine was divided into I 10,0001. shares, a sell of 2e. ed. per share, would be ample for the next two months. They would pay for the steam I engine, and probably enable the captain to complete 1 the shaft to the required depth for the aces-cut to the lode. Mr. BIM= WOOLYIBIL said he represented 5,000 stases, • half el the mine, and would prefer a call of 55., witieh would at ewe pledgee 2,6001. further capital. Mr. Wail= *greed with Mr. Woolmer. Be thought ears ea a large _role druid be made, and if the company would met liorialte it ke would himself purchase one of Bertlaiels mailman mid allow the coompeny one-twentieth et ihe prairie, if they allowed him the rest. Ong*. Cleruwall, said he had lately visited the mine, bat he bad a very high opinion of it, it meld see be Is advantage until devekped by the aloma-eogfek He orggested that a large quantity of theram druid he brought to were, and by testing a foie averts Jur geld the real mineral products of it would be The lama seed letters of Mr. Drew were then proved end 0604 mid a Gall of 24. Bd. per she agreed upon. The amodelne of management were then re-elected for two months with the addition of Main. Brookes and Turner, and the owl MN of thanks terminated the proceedings. SPORTING. TATTERSALL'B.-11tu86DAy. A scanty ato;itia7mTwaad iiaainsa;;ary slack: Only the following is ware laid: GREAT METROPOLITAN STAKES. 26 to 1 art Mr. Howani's Virago (to 1001.) CHESTER CUP. 30 to 1 apt gr. Howard's Virago (to a poay) 40 to 1 Mr. Parker's Aldford (to ditto) 40 to 1 Mr. A. Niels°ll's Newrainster (to ditto) 1000 to 15 Kr. J. Osborne's Browa Broady (laid 7 times) 1000 to 16 Mr. J. Osborse's Bridesmaid (do. do.) 1000 to 16 Coaat de Prado's Aquila (laid twice) 1000 to 16 Mr. Pares Trifle (t) 1200 to 100 Virago, Aldford, and Newminster (t) Raw intellteence. EQUITY COUItiS.—YEsTeaDAT. MORA VICk-Ct(71 , 1.1.0111[111:11111 , 1.}T. RICE V. RICE.-JUDGMCNT. The Vice-Chancillor delivered judgment in this ease. His Honour said the question for decision was whether the equitable interest of the plaintiff in respect of a vendor'. lien (or unpaid purchase-money was to be pn Peered to the interest of the defendant as equitable mortgagee. The fame of the case were these : the plaintiffs were owners of cer tain real estate. Iu October, 1852, they sold and conveyed the estate to the defendant, Mr. Rice ; but, although a con veyance to him was executed, a portion of the purchase money remstutil unpaid. On the day after the execution of the conveyance, lir. Rice deposited it, &hi the other title deeds relating to the property, with the defen dant Eade, to secure a sum of money due tram Rice to Eade. The contention was between the vendor in rtispect of his unpaid purchase motley and the equitable mortgagee, each claiming to have a first charge upon the property. There was no doubt but that the vendor had a claim upon the estate in respect of the sum due to him, and that the equitable mortgagee also had a claim; the only question was es to priority. The rule of equity in respect to parties in this position was sometimes expressed by the phrase, " qui prior est tempure, potior est jure." This, however, wu an incorrect statement of the rule, or at least a statement by no means uni versally true. The more correct statement would be that where, in all other things, the equities of the parties were equal the priority of time would confer the better rigl.t. But in the case now under consi deration, the equities of the patties could cot be said to be equal. The defendant, Eade, hod obtained pOsseuion of the title deeds, and in many cases decided by Lord Eldon, • the possession of title-deeds bad been held to give the party baring them a priority of claim. In addition to this, the plaintiff had acted in such a way as to preclude him from claiming ageinst Eade. He had executed to the pur chaser an absolute conveyance, and had signed a receipt upon that deed for the amount of the purchase money. Eade was therefore perfectly justified in thiukang that be r might wifely rely upon security of the deposit of the deeds, and the judgment of the wart was therefore in his favour. DEBBY. 8i to 1 sgst BeroniTtgeltild's King Tom(to 1001) 40 to 1 Mr. Howard's Scythian (to a pony) 1300 to 200 would have been taken about Autocrat. At the Club on Wednesday 426 to SO was taken about King Toe, 876 to 26 about Scythian, and 3000 to GO Bro that to chaudoises. . 4to 1 yet Lard D;rby's — Mobiora (to 500 Tea 'rzawraa.—This hots, holosgs to Mr. ragas, wad Is iapookaray's stable at Brom Ho was bought whey a NAVAL. - ADMIRALTY, JAN. 12.—AFroimucwrii.—Lieu taunts 0. F. F. bargbay (1614 e the Trafalgar, 120, ea the Mediae/wawa badge ;• T. yawns to the Hogue, 60, ..w Num isesfaillpb 41131awee plower, at Devosport ; C. Liana OM) la Ow 1111.116b6; mad C. I'. Desch asap se the Dffimern i el, ensue Nem frigate of M ime power, ea the ant Armies aad Wan India Hatt ia Clierre,ll. 11. _L. P. (1846) to the Oarvlae, 2, iraa Owes Dat of 360- Thor kese Hea the IllettOwasalea OWN' ; aad C. W. a M the Anti*" 3, Ins paille-wheel stem vestal, of ass power, oa the Ilediteerameaa station. SAID= AND MEDAN RAILWAL—Traftio reoeipt4 hies woe mew Jas. 7, 1864 :—.8661. 94. li. Cone. Mlwee Ws year, $B6l. 9.. 2d. Kilo' epee ia 1664 S, in. COURT OF QUEEN'S BENCH.-YESTERDAY. LORD CLAIMISIL, 411 D It STICH COLD. 1 arrnsos n, RMS. £$D 111 U. MAC LAE AND OTHERS V. SUTHERLAND AND OTHERS.- LIT OF SEAM U.-JUDGMENT. IN JOINT ISTOCt CO*- This was en action against some of the directors and shareholders of a registered joint stink company, called the Royal Bank of Australia, to recover the amount of certain promissory notes signed by the directors on behalf of she company. The defence was that the directors were not autho need to bind the shareholders to the extent to which these notes would render them liable. The facts had come be fore the court in the form of a special case which was argued in the course of the last term, when their lordships took time to consider their judgment. Lord Campbell delivered judgment, saying that the question the court had to determine was whether the share holders of the company were jointly liable as makers of the promissory notes set out in the case, or as borrowers of the money sought to be recovered. Two of the defendants were directors of the company ; one of the Iwo had actually signed the notes, but the other four deferdants were only shareholders. The court were clearly of opinion that the shareholders were liable, both as makers of the notes and as borrowers of the money for which the notes were intended to be a security. Several preliminary objections had been taken oa behalf of the defendants, which the court would first dispose of. It had been contended that supposing the directors were authorised to bind the shareholders by these promissory notes, the notes could not be binding because of ' the insertion of the words "acid severally" having been in troduced into them. It was clear that every shareholder of the company might have successfully denied his separate [ liability, but it did sot follow that the tharehulders were not I jointly liable if they could be bound by a joint note. The instrument might be void as a separate, hut valid as • joint security. To vitiate a joint security be cause it purported to be a separate security, would be unjust, and contrary to legal maxims. It had been next objected that the notes were not binding on the shareholders, because they bad not been given in the name of the partnership firm. Now it the directors had power to draw the notes, and expressed their intentera of binding the company,the court thought the notes were suf ficient, as it could not be necessary that the names of all the shareholders should be enumerated. " Expiate Buck" (14 M. and W.), " Hall v. Smith" (l Barn. and Cres well), and other eases, decided that the signature of a di rector or of an agent appointed for the purpose, was suffi cient to bind the whole of a firm ore joint.stock company. It had been further objected that the notes were payable at the animal period of five yeses after date, and thut interest was to be paid half-yearly. Now, in answer to this objec tion, it was sufficient to say that the validity of the notes must depend on the authority possessed by the directors to melee them. He now arrived at the real merits of the case, and the court had to consider whether, under the circumstances, the di rectors of this company bad authority to make thees notes, which had been signed by three directors, and issued by order of the boxed of directors. The court did not think that the plaintiffs could entirely rely on an implied authority of the directors to issue notes at the ordinary banking rates of interest. Where a juincatock company was established, the directors must be considered as the agents of the shareholders, to borrow money in the ordi nary way of business, and to give securities in the ordinary form. But the transactions out of which the notes give& in the present case arose could not be considered as ordinary banking transactions. The money borrowed was to be used as capital, and the securities were not such as were gene rally given by a banking company. It lay on the plaintiff's to show that, from:some extraordinary course of business authorised by the deed of settlement, or from extraordi nary powers conferred on the directors, they could bind the company beyond the ordinary extent. They must first apply themselves to the deed of settlement. The scope of the business of the company was described in section 6, by which directors had full authority confined on them to carry on business in London or in Australia, is New Zealand, in the territories of the Bast India C'ompany '' and in any of the territories to which her Majesty's sub jects might trade beyond the Cape of Good Hope and the Straits of Magellan. They were authorised to establish banks in almost any part of the habitable world. They must therefore have been vetted with much more exten sive powers than if they bad been empowered only to carry oa business in one particular locality. Ity section 9 the company could make or issue bills or notes upon the security of any kind of property whatever. By section 10 full powers for carrying on the business of the company were vested in the directors, except as hereafter excepted. With such enormous powers of carrying oat such stupendous objects, could it be said that the 'veers of the directors for raising capital were confined to selling shares, what ever might be the state of the market at the time? Did not section 10 mean that money might be borrowed ea promissory notes or debenture' in this country and seat to Australia, where branch banks being established, it might be lent at high interest upon the security of any kind of property ? The bone fide holders of the promissory notes could not, therefore, be prejudiced by the misapplication et the wary se borrowed ; but in truth here the money had ant beam misapplied, because 300,0001. had actut lly bus seat to Australia, and advanced upon property them. illeindents contended that this was a mere transaction aporobsoo and sale ; but the use of these words in the ao oossato did not alter the nature of the transaction, whisk redly resolved itself into • loan of money for a given time at five per cent. The court had eamidered the parts of the dead relied on by the defendants (ee1:m.14,16,23,24, and 30). and thought that none of them by way of exception or otherwise invalidated the securities beet sued upon. But even if there lad been any irregularity in the original transaction which would *exempt the shareholders from liability, they bad rendered themselves liable by subsequent ratification. For five years the shareholders were kept in ignorance of the manner in which business had been done, and during that long period they left everything to the discretion of the directors, in whom they placed unbounded confidence, receiving in the mean time • handsome yearly dividend. At length, eta general meeting of the proprietors, on the 30th of July, 1845, a statement of the affairs of the com pany was laid before them. That statement was sufficiently clear to communicate to persons of ordinary understanding and acquaintance with commercial affairs, that beyond the paid up capital on 11,000 and odd shares, there had been between 200,0001. and 800,0001. borrowed by the di rectors and transmitted to Australia. There were similse reports made at the yearly meetings of 1846 and 1847, which reports were approved of. The court might ems mherate the situation of the shareholders, when in 1849, the company having become insolvent, an order was mute by the Court of Chancery for winding.up its affairs, and they were called upon as contributories; but the acts of the directors, which they now sought to repudiate, bad been originally authorised and subsequently ratified by them. They might have been ill-used by the directors. although the directors as well as themselves might have acted under delusive hopes of the enormous gains which would scenes to the company out of the transactions in Australia; bat whether the directors bad misconducted themselves or not. the loss could not be thrown on the bona fide creditors of the company. In this case the court were of opinion, on the evidence which had been submitted to them, that the plaintiffs were bona fide holders of them notes and lenders of the sums purported to be secured thereby, and therefore that they were entitled to recover. Judgment must there fore be entered for the plaintiffs for principal and interest. Judgment entered accordingly. COUNT OF COMMON PLEAS.-YESTERDAT. =TIMM Is 1111000. — BIWOLZ MIST 31/NTICII /Taws, NIL JUSTIOI ,••••••• - - - NA171.1. O. MN= CIANWILL. AND ML Me net WILLI-UAL TAILOR IV DIST &ND P&IYILEOES OV This was as action brought against several defendants, one of whom was M. Dread, secretary to the Belgian embassy in this country, and it was sought to recover 2601. in respect of some shares in a wining company jgßolgsuns. and of which company M. Moist was •thoged to, Wa • disiater. Mr. Willes new appeared on behalf if M. Omit, and moved for a rule for the plaintiff, and Mao the dedsadscla other than M. Drouet, to show mass why all prommtlippp the action should not be set aside or stamrd,xt ls (mad that this court had no re jurfedicg t Dad, he being a public minister of the • Mal 341- glans, soeusdited by that sovereign, , and.; POdloodsa its minister at this court. It was . 04MMI. *at was a pod defeum to the schism Mt Mat bat M. Drouet had been adviser tip it.4o to his diplomatic character. and to lbw. ' tie ~- ~ I: i