Star. — London, England, 1825-02-05 00:00:00

:I~`y I - - , below , . to the Society of Methodists. That body never inte: feted in any matters, nor was the money raised by them a c ti.Ee.l instance to a political pur, os:.. In be (Mr. llttlterwnrth) had re'von to knew that a consi.lerabiz number of note , ,tants had solreted in their 6renst.stances, and theiritsii:ess had {alien rrff, because they had 'rinsed to snbsct Vac. Gen tlemen mi::ht say what they plea ed about the nature of the Catholic Rent ; he knew that it had already crewed considerable alas m, and that individuals had been t'bl:ged to leave their dwellings in the country and to livc in the towns, for their own personal pro tection ; and he tit , tight that Ministers would be ex tremely negligent of their duty if they did not at once put an end to it. lie called upon the Don. Member for Kerry to prove, if c,tild, the fact he luid asierttd ; and on his part, be denied that tttr Society of tit' :11ethodists had any political tendency. :.:r. El TZGER ALD eaplained• Ile said that the' Catholic rent was l.y voluntary subscription ; and in this respect, at least, it was I:kc that of the Methodists, by the lion. Gentleman's own sin wing. Mr. It UTFEII wonTiT said, that tke Methodist fond was for the anpport of M;ni-tees and Religion only ; the other was,avowedly, to en: , ,age the support of new papeis and of individu.ds to compass c••ttain political end:. The reFort was then brought up and read. On the question that It be read a Prel): I ti me , MU. HUME said, he intended moving an Amend ment to the Address, which he was only deterred from dinng by the stwe of the llousc. Ile hthi never wit nessed any Membeis so humbled and so deg tailed as they wete by the MCASUICS they were about to adopt. The Catholics had been trample,' upon, because they had been too long qttier. Oppression might be borne to a eettain extent, but beyond that resistance must ensue; and they should recollect that they sat in that House by virtire of resi-lance to oppression on the part of their ancestors. He could not consent to aninctease in the army ; in 1792 it had been only 35,000 'flung. In 1821 he haJ himself moved that it should be reduced from eighty-six to 7G,(00 men, but, instead of reducing, he perceived they were aLout to iocrease it. Though he would not then propose his Amendment, yet, on every future occasion, he would oppose the Sperch—(A laugh)—if he did not like it, and take the sense of the House up.n it, even on the first ni g ht of the Sessiqn. Sir C. FORBES believed that Ministers were unac quainted with the dangets attendant upon a Burmese war; the marches which the troops had to encounter were as fatal as the swords of the enemy, and of the last force sent no less thanl.soowere sent to the hospitals. Ile had heard with satisfaction that the army was to be increas: d for the purpose of carrying on the war in ludia. Instead, however, of 15,000 men, they should send 40 or 50,000, for dot purpose of quickly effecting the termination of the war. Mr. C. W. WYNN rose to state, that pipers would shortly be laid before the House, to shew the origin and progress of the present war in India. When those •papers were produced, be was confident in being able to make out most clearly that the war seas unavoid able, .having been provoked by an act of aggression on the part of the Burmese Government, and by such ex travagant-pretensions as could only he met by war. He should then be fully prepared_ to go into Lord A :Mimes case, and to shew that no blame was to be attached to Li. conduct. Ile had the sativfaction to inform the lion. Idember and the House, that the Coverbrnent was in possession of recent accounts which represented the sickness smongst the troops to be much dimittishcd. Whether Rangoon had been attacked from the north or the south, the climate was the same, and that the climate was unhealthy could our be the fault of the Governor-General. Mr. Aide lam] II 1: was of opinion, that un less the Association was put down, the Go vernment of Ireland could not go on; and Ministers deserved the thanks of the country, for having taken the determination to do so. With regard to South I America, he believed that they had taken the earliest opportunity of recognizing the new States, consistently with that which was of far more consequence, namely, the preservation of the peace of Europe. It was gra tifying to know that a further dia inution of taxation was to be effected; and he hoped the remission would be confined to the Assessed axes. The country would experience far more relief from getting rid altogether of the tax-gatherer, than from the tedection of any in direct tax. If the country were left to choose, for in stance, between a reduction of the Wine Duties and the removal of the Window Tax for ever, he was confident that nineteen out of twenty throughout the kingdom would be favourable to the latter. The Address was then read a second time. Lord NUGENT presented a Petition from Samuel Wells, Esq. against the return for the Borough of Huntingdon.—Ordered to be taken law consideration on Thursday, the 24th instant. CATHOLIC ASSOCIATION. Mr. GOULBURN gave notice, that be should, on Thursday next, move fur leave to bring in a lull to ameu‘ the existing laws relating to illegal Associations. Mr. BROUGHAM hoped that, upon his humble representa tion, the Right lion. Gentleman would he induced to postpone the notice be had given for a week. lie intended to move for a Call of the House on the day when that motion should come on, in or der to slew whether or not the cry of " No Popery!" which had been raised was ;Nally countenanced by the constituents of lion. Members, and whether the people of England were on this occa sion opposed to the wishes of the people of Ireland. lie trusted the insinuation which had been made to this effect was an un founded one :,gains, the good people of England; but if it were otherwise, they ought to 11ZA..• an opportunity of openly expressing their opinions. Whatev,T the consequence of it might be, it seemed to him absolutely necessary that there should be a Call of the 11.buse on.a measure of so much importance. ;r. GOULBUR A. could really see ro reason for the postpone ment which the Hon. and Learned Gentleman requested. He had already informed the House, that it was intended the Bill should be discussed in every stage. To post:pone it, therefore, would he to throw it back to a period which would be highly inconvenient. The motion of which he had now given notice, was only for leave to bring in the Bill; its principle and its details might Le discussed whea it should be before the House. Air. BROUGH AM, in the hope of inducing the Right lion. Gentleman to accede to his reqte st, would offer a compromise. lie had well observed, that at present the Douse was not acquainted with the form in which the measure would he submitted to them. He (Mr. litotiLham) hoped that what hail passed last night would have the effect of moditying and reducing its shape. Perhaps, in the meantime, if delay were allowed, some other papers might be laid on the table.—L Mr. (ioeunnisr said, across the table, he had no intention of doing so.) —Then there was to be no information between the exposition of the measure and the debate on the prin ciple of the Bill. Pethaps he might find it expedient to delay the Cali of the House. if the measure were postpnned for a forta4ht. rdr. PEEL said the lion. and Learned Gentleman first asked for a week, and now he wished for a fie [night's delay. Alr. BROUGHAM es;tioed, iltat be meant a week beyond the day proposed by the lt.ght Hem Gentleman's notice, after which the time necessary for a Call o. the Itemise would bring it up to nearly a fottnight. Mr. PEEL proposed another compromise, that the. Call of the House should nut be Lodi' the second reading of the hill, which might be fixed for Tus--ti.y week. Mr. S. RICE gave notice, that on Wednesday next he would move for the prodeetion of the Minutes of the Committee which Sat last year on the affairs of Inland. - The Iluuse then adjourned, at a Qu a rter past Nine o'Clock. Vottlastourn, FEB. :3.—We have heen so little ac customed to receive any orders for sudden pteparations, that we seem all in a hustle, while a thousand rumours are alliat, in conse quence of his Illaj.--ty's slap Wettsm.sr being ordered to be com pleted to 6t.0 n en, and to he at Spahr:id forthwith. The GANG CS alto is ordered into dock, u h 'nee, probably, ari,es the trhnrt, that alts is to accompany the Vi r kt,l.EhLEY. They are both gyro ship. Cout , t LOttloS. Altliass:ton . f oru the Couet of Mit. drid, lain:ed at 1)o er oi Tuesday vven!o7, under a i.ddte from the gum on the llriglas. His Excellency slept that Plight at Walcuis ittl;at.d arrived in town on Wenezda,.. . TI 1 te, 14. V II: N St: S'PA It. LON DON. SATURDAY, FEBRUARY 5, 1825. TIIF. ruxDs. STOCK F.XCIIANCK, TWELVE o•CI.00K. The decision of the LORD Cuter JUSTIC; in the Court of King's yesterday, in regard to Companies, has thrown the Foreign larket into a panic this morning, in AI kinds of Alining and other Shares. At present few sales can be made in the above Shares, and the Brokers and Public do not know how to act. Consols opened at 9.51 fur the Account, with little doing, and they remain steady at the above price. FOREIGN FUNDS. Current Prices: New Spanish —, OW 29%, Russian 97%, Mexican 814 82, Colombian New 91% 1, Chiiian 871 88, Frencb Scrip 141 15, Austrian 97, Cold Coast 11 pre. Gas 11 pre. Brazi lian Sirip 161 pre. New Brazilian 4j 1 pre. • £lOO • • 100 • • 100 • A:liance Assurance Brazilian ditto Colombian ditto PAS CO Peruvian ditto . Angle Chilian P:: ICR OF STOCKS AT ONE SYCLOCK. 13a:;k Stcck 3 rer t cut. Red. 91.%s 1 / 4 3 per Cent. Cons. 93 1 A Vs Fer Cent. 101 1 / 4 31 per Cent. Red. 101 4 I,er Cent. New 105 7 / 8 106 14;1;g Ann. 2314 3.l6—lndia Bonds 100 £l,OOO Etc! eq. Bill. (2d.) 63 ; (1 ihd.) 64 3 5 t)l4sis. for Acct. 93% .14 e /4 FOREIGN FUNDS, TWO O'CLOCK. "Austriat.Bonds 5 per Ct. 97 1 Mex. Bonds, 5 per Ct. 811 21 2 Ditto Ace. 971 Ditto Acc. 811 2 I / 2/ 21 BrJailian Bonds 881 3 Neapolitan Scrip Ditto Scrip, 5 per Ct. 161 pre. I'eruv. Bonds, 6 per Ct. 851 Ditto 1825. 41 11 pre. Ditto Acc. Buenos Ayres Ponds 911 21 Portuguese Bonds 891 Ditto Account 92 Ditto Chilian Bonds, 6 per Ct. 881 9 Prue. Bonds 1822, 5 p.Ct. Columbian Bends, 6 per Ct. 921 Iluss.Bunds, 1822,5 p. Ct. 971 Ditto for Ace. 921 Ditto Ace. 971 Ditto Bonds 1824, 911 21; 1 Spanish 5 p.Ct.Cons. 22 Ditto Acc. 911 2 114 Ditto for Acc. 211 Greek Bonds 571 8 71 Span. 5 p.Ct. Cons. 1823, Ditto Acc. 571 81 I French Renter, S p.Ct. BRITISH AND FJREIGN SHARES, TWO O'CLOCK. PAID. TRICE TO-PJAV. aelo 5 11 12 pre 5 16 17 44 5 pre. ASSURANCE COMPANIES. SHAUL PAID. PRICII NM SNAIL AU._ Brit. For. Fire & Life £lOO - £lO - Do. Marine - - 100 - 5 - 7# Protector Fire - - -20 - 2 - 11 2 MINES. MARL PAID. MICE PIM SNARL Anglo Mexican - • ,Elto £lO - isa. sts pm. - 95 90 Anglo Cbilian - - 100 - 5 - - 10 Di Brazilian - - 100 - 5 - 5 - 232124 211 Chihan - - 100 - 5 - - 13 11 Colombian - - 100 - 5 - S - 113 32 General Mining Association - - -12 111 pre. I'aseo Peruvian - 100 - 5 - -23 20 pre. Rio de la I'lata - 100 - 5 - - 20 United Mexican 40 -20 - 2 pm. - 95 40 Welch Iron & Coal - 25 - 5 - - gi Pre. In consequence of the length at which we gave the debates on the opening of Parliament, in the STAR of yesterday, we had little room for making those obser vations on his MAJESTY'S Speech which we were de sirous of offering. We, therefore, now recur to the sub ject, and with feelings of gratification isnd exultation. At no period of our history has the opening of the Ses sion of Parliament taken place under more propitious circumstances, nor do we recollect, in the whole course of our political existence, a Speech from the Throne containing so much, both of matter and information, nor any one expressed in such clear and elegant lan guage. Unlike the style adopted on some former occa- Pions, his MAJESTY s present Speech appears to us to be a manly statement of the affairs of the nation, the policy by which they have been directed, and the future course intended to be pursued, on some of the most im portant measures affecting our national interests. The universal prosperity of the Empire, which natu rally forms a prominent feature of the Speech, is, whether we view it with reference to the past or future state of the country, a subject on which we may indulge both exultation and hope. The wise and liberal principles which have been acted upon with such success, are happily still in operation, and will, we are convinced, under the blessings of PROVIDENCE, be the means of elevating Great Britain to a pinnacle of glary, wealth, and power, unexampled in the history cf nations. Next in interest to the internal prosperity of our own land are the relations which exist with those countries of America Which have so loag and successfully struggled for their independence. The feelings and interests of the Public ate so much in favour of the recognition of thole States, that the declaration made in his MAJESTY'S Speech, that measures have been taken for confirming, by Treaties, the commercial relations already subsisting between them and this Kingdom, cannot fail to be received with satisfaction, from one end of the country to the other. These measures must be considered vie tually as a recognition of the South Ame rican Statel as linieliendent Governments; and if any doubt on this subject could exist from the words of the Speech, the question was distinctly set at rest by the language used by Mr. CANNING, in his eloquent reply to Mr. BROUGHAM'S observations. The Right Honour able Gentleman avowedly acknowledged the scope and effect of the measures in progress, and ably proved that both the mode and time taken by his Majesty's Govern ment to enter into treaties with the S:ates of Buenos Ayres, Colombia, and M4tico, bad been judiciously adopted. • It is impossiqe to calculate on the mutual advantages hick ate likely to result to out selves and these States, from the coOirriercial and friendly intercourse which will nuw be carried on with confidence and security. British capital, which has already, through private enterprise, contributed in so material a degree to raise these States to their present condition, stall now flow in secure streams through countries so 1 ichly abounding in chan nels for its employment, and v. bile new energy will thus be given to those States, the commerce of this country will be extended beyond the power of calcula-1 [don; and its capital, increased to an in!efinite extent. will return to adil new vigour to our own resources, and will again find a vent for employment in other ob: jests which will benefit the condition of mankind. Our present state and future prospects, therefore, are alike felicitous and encouraging. Letters arts reported to be in town from Bogota, of the 19th November, stating that BOLIVAR, had completely routed CANTILRAC, near Apurima. Where the battle was fought, whence the intelligence has been derived, or by whom received, we know not. We, however, have no fear of Peru being soon free of the Spanish troops. We may add, that we are not aware of any town of the name ofiApurima, in Peru ; there is a large river, called the Aputimac, which rises in the province of Abancay, and passing through Cuzco, enters the Maranon with a vastly augmented stream. It is stated that a Spani,h Ambassador, a M. Rios, has actually arrived in L'indon, in order to remon strate with his MAJEsTy's Guvernment against our recognition oldie South American Republics. Remon strance now comes too late ; for fourteen years has our mediation been asked, and granted to Spain, to effect a reconcilia tion with her Colonies; but no definite or intelligible proposition— no basis on which a negotiation with any prospect of success could be opened, was fixed on by Spain. Year after year, and mouth after month, Spain was invited to be the first to recognize the independence of States which she could not prevent ; our Go vernment wished Spain to have ail the credit and advantages of being the first to recognise her late Colonies, reminding her that the time was rapidly approaching when England would of necessity re gard it as a duty, both to her own subjects and to the world, to se• cure, by the accustomed forms of regular compact and of diploma tic intercourse, the maintenance of those relations, political as well as commercial, which it 14 the undoubted right of all Sovereign States to establish with each other. Spanish arrogance and folly would not hear the considerate pro posals ne the British Government. FERDINAND and his Ministers rejected the proposilon to treat South America as an independent Power, not only within the time allowed by Mr. Secretary CANNING, but at any given period, or under any definite circumstances. The British Government felt that it might wait until doomsday before Spain would exercise a policy equally dictated by justice and pru dence ; and three of the South American States baying established well-organized Governments, England conk! no longer delay enter ing into treaties with them. The following just observations on this subject, are from the Times of this morning : " Well was it said by the Mover of the Address in the House of Lords, that the Independence of the American States was un questionable; but not so was that of Spain herself—now a poor appendage of the French monarchy. What, then, is the business of this new Ambassador here? He comes, we are told, with some talc of a tub, that our recognition was unseasonable, because a nego ciation was at the time in progress between the Spanish Govern ment and the South Americans, for adjusting their differences by treaty—that the Colonists were to be declared independent by Spain, but to submit to 5e governed by Spanish Viceroys !' And to whom was the offer made ? How has it been received? And by whom? And how are the South American Governments parties to it ? Of all these particulars, so essential to the thing called ' negotiation,' we shall hear, no doubt, an edifying history from his Excellency M. Rios. But the farce is too gross, and Mr. CANJUSe is fully com petent to treat it as it deserves." On referring to the proceedings in the Court of King's Bench yesterday, it will be seen that the LORD CHIEF JUSTICE considers the Act of Gm J. called "the Bubble Act," to be still in force, and that the transactions of the embryo Com panies come within the scope of that tenthly penal stattite. His Lordship further states, that though to associate fur the pur pose of procuring an Act of Parliament may not be illegal, " yet to go further, and before persons are so authorised, to create transferable shares, and require their atdaseribers to submit them selves to the orders of a Committee," is doing that WHICH sus Law wri.r. NOT WARRANT; and the Judges of the King's Bench, are unanimously of opinion, that all contracts made for the transfer j suck shares ♦aa VOID ! Nay, further, the LORD Cunt Justice is strongly inclined to think, that " this buying and selling of shares is illegal at common law, as wagering about an Act of Parliament to be wiled for in future." We hope that this question wtll be settled by some new enact meat, and that an obsolete Act of Parliament, the penalties of which are so severe as probably to have led to its disuse, will not be revived. THE ARMY. A detachment of men belonging to British Regiments in India, is ordered to proceed from Albany Barracks, on the 7th instant, to Chatham, for the purpose of embarking on board the Hereford shire East Indiamau, for Madras. The 51st Foot has been removed from Corfu to Cephalonia. The 97th and 99th Foot are now stationed at Gosport. The Recruiting Parties are going on very actively in Ireland : not less than 4,000 men have already been raised in the centre district, NAVAL IATI:LLIGENGE. The Lord Kinsale, from Tralee, was driven on shore at South Uist, the 18th ult. dismasted and abandoned. The Mary, Goon, from Hull, is totally wrecked near Whit stable—erew saved. The Good Intent, Twoarsors, from St. John's, New Brunswick to Aberdeen, was totally wrecked on the 14th ult. at South Gist— crew saved. Poorsmoum, W.N. W. blowing hard all the dig. —Arrived the Brothers, Aiorrtev, from Batavia—sailed the 25th September, and from St. Helena, Ilth December. Dem., Fre. 4.—Wind W.N.W.—Arrived front the River, and remain, the llyndman, SERJEANT for Demerara. Put back. the Earl Talbot, Evait.tun for the lades. Doyen, Fes. 4.—We had a higher tide last night than has been known for many years. DRURY-LANE THEATRE. Mr. KEA3I appeared last night as Macbeth, and obtained a hearing. Placards were abundantly distributed throughout the house, ex honing the friends of t►e actor to abstain from resenting the efforts of his enemies. But the exhortation had not its full effect, as the individuals forcibly expelled from different parts of the house could testify. This turn-ont system bad the desired effect, and as the play went on, the interruption was cleared off, and left the per formers in full possession of the attention of the house, which, how ever, was by no means filled till the period of half price. There was a call for KkAN to come forward, at the termination of the Play, and as it was renewed at the commencement of the After piece, Mr. Youxoz appeared, and stated that Mr. KLAN had stepped into his carriage immediately after the termination of the Play, and not being in the house, could not comply with their desise.— The Farce then proceeded. The Doke of YORK, the Duke of CIA RENCK, and the Princess Soruza, •isited his 111a.snry yesterday. Yesterday, the Mat qui) of ARGLESEA and the Earl of WILSTMORLAND had audiences of the KING. The Cabinet Ministers had a meeting yesterday after noon, at two o'clock, at the Foreign Office. A Cabinet Council was summoned to meet this day, at three o'clock, at the Foreign Office, Dowaing-streti. The Dean of CANTEiIiSURY is, we ate happy to learn, mock better. _ It is not true that Mr. ItontscutLD is forming a List for the Mexican Loan. _ Upwards id thirty persnns,men and women, were last week upsrt in a large boat, crossing a small river in the county of Fermanagh, the whole of whom unfortunately perished. I.NGLISII AND BRISrOLCIIAPiNEL S CANAL The more this great and truly national object is canvassed; the more does its value and importance to the commercial interests of s, this country appear. 'The secret and silly attempt to oppose it, by some dozen self important personages, who met in a private rob at Axminster, meets with the ridicule it deserved; a..d the land owners in the West of England are becoming duly aware of ihe advantages the Canal offers. We learn by the Dorchester Journal of yesterday, that a fleeting took place at Colyton, Ikvon, on the .1,1 inst. which was attended by upwards of 100 landowners, of the first respectal.ility ; when, aftt si an interesting discussion, which we regret not diving room for to_ day, it was unanimously resolved, that the proposed Ship Canal would be " one of the most grand and noble schemes that has ever occupied the public mind—tending most materially to bent fit and improve the immediate neighbourhood, and of the utmost na. tional importance." The following Resolutions and Petition were then agreed t.? At a Public .lieeting of the Landowners and nous. bidders of Colyton, Devon, and ils vicinity, held at the I)olphin, Inn, Co:y. ton, pursuant to public notice, TILYOK STILL, of Lkrey.bouse, Es 9. in the Chair ; It was unanimously resolved, Ist, That :Ws Meeting views•with great satisfaction the plan in contemplation for the formation of a Ship Canal from Stolford to liter, the benefits and advantages of which are clear and apparent, particularly at the latter place, by re moving the incitement to the illicit practices which have beets long carried on there from an urgent and pressing necessity. 2d. That it appears to he Inc of the most grand and n , ,ble schemes that has ever occupied the public mind, tending most terially to benefit and improve the immediate neighbourhood, and of the utnnua national importance, 3d. That this Meeting has the highest confidence in the scienet, experience, and judgment of Mr. Telford and Captein Nicholls, whose consummate abilitiss are tendered most conspicuous w the laborious and able reports which they have made, theso:rectiseis of which may, in the opinion of thi; Meetin; ; , In: fully relied having proceeded from the best sesearch and MCA well founded information. 4th. That this Meeting, deeply impremied with the great bene6s4 which must result from the execution of this important design, ai well as a consideration of the evils which will he avoided, do peti tion both Houses of Parliament in favour of a Bill to give eiract to this national and grand undertaking. .Sth. That two parts of the Petition nose read, Le ingrossed, and, when duly signed, that Mr. Kingdon be requested to transmit the same, one part to the Right Min. Lord I{•alle ; to be presented to the house of Peers, and the other part to the Representatives of this County, to present to the Honourable House of Common, earnestly entreating their support of the prayers of the said Petition. 6th. That these Resolutions be published in the Sherburne Jail Tautiton Journal, and Woolmer's Exeter Gazette. Major Still having left the Chair, it was unanimously Resolved 7th. That the thanks of this Meeting are clue, and lolreby given, to Tryon Still, E-q. for his very able, judicious, and impartial cols duct in the Chair. Petition to the Honourable the House of Commons in' Parlia ment assembled.—We, the Landowners and I louselicAders of the Town of Colyton, and its vicinity, in the county of Devote, humbly presume to express to your Honourable House, our full, entire, and unqualified assent and concurrence to the Bill now intro duced to your Honourable House, fur permission to make a Ship Canal, for the purpose of uniting the English with the Bristol Chan nels, and to Wrest your llonourable Muse to acqiiiesce in 0:e samv. —lnur Petitioners contemplate the measure not only as another splendid instance of the wealth, prosperity, and entetpri.e of the British People, but highly characteristic of the dignity of the Em pire, tending, in the most peculiar manner, to promote and extend the commerce of the United Kingdom, presenting to the merchant a more direct, safe, and expeditious intercourse, with the several parts of the British Islands, and at the sometime furnishing a mean* highly conducive to the security of the valuable hves of our seamen, by opening to the shipping Ns exposed and quicker communication than the usual protracted, precarious, and dauger.:us course around the Land's End. Your Petitioners, in thos approrcliing your Honourable House, would not presume to dictate any conditions which might obs'ruct or impede the execution of a project which so mucb deserves their united support, firmly and confidently relying on the wisdo:n and justice of your Honourable House, to devise such measures as will best guard and protect your Petitioners' interests—introduce suds provisions in the 13111 asshall secure to your Petitionets a fa r, liberal, and ample equivalent or compensation fur the injuries and losses which otherwise cannot tail to accrue to the proprietors of valuable lands and other property in the line of the Cac.al—and compel the Company, their heirs and assigns, to carry on and execute this work to its final completion, after it has once commenced, as it will appear to your Honourable [louse to be an undertaking of superior magnitude to any other in the United Kingdom. COURT OF CHANCERY-TH.IS D.4Y. IMPORTANT TO CLIANCERY SUITORS. Mr. Pauta, on the Lord Chancellor taking his seat this day, rose for the purpose of praying an order, in a case of Lunacy. The LORD CHANCELLOR, with strong feeling, observed, that a practice bad for some time prevailed, of making motions, in the absence of the Secretary fur lomat petirkins, ty which very considerable expense was incurred to the partiel; without any beneficial effect whatever, and he was determined that a stop should be put to it. His Lordship therefore desired Mr. Wetheralt toproceed in a part heard motion. COURT OF KING'S BENCH, FEBRUARY 4. JOSBPIIS V. PROBER. This was an action tried befo:e the Lot d Chief Justice, ' at theOuildhall, London, to recover the amount of certain losses sustained by the plaintiff, in consequence of the defendant having declined to accept certain shares in !the Equitable Loan Stock, which had been purchased for him by the plaintiff', at his own special instance and request. The plaintiff was a stock-broker ' ai.d having bought certain shares in - the Equitable Loan Stock fur the defendant, who afterwards refused to take them, the broker experienced a loss by the prices having subse quently fallen upon the shales, and the action was brought to recover the difference. An objection was taken at the ttial on the part c,f the defendant, against the legality °ldle parties dealing in shares, which cart led interest above five per cent. where the shares were created by a Society which had tut been incorpora:ed by Act of Parliament. His LORDSHIP did not uonsnit the plaintiff, hut di rected a verdict to be given to him, subject to the opi nion of the Court upon this objection. Mr. SCA KLETT and MI. /UNMET]. AWE day argued in support of the verdict and against the objection. Dlr. GURNEY WAS stopped by the Court fr•ln proceeding on the other side , _in f.vour of the objection. and against the verti;et. Th L e oup trr JUSTICE said he st as cleat ly opi nion that the dealing in transferable shares in this Stock without Chatter or Act of Parliament was illegal, antler the 6th of Geo. I. In giving this opinion the Conn would not shut their eyes, and ought not to be ignot ant of what was going on in the world. They knew that more Stock Companies and transferable shales were dealt in at this time than at any period since the time of passing the 6th of Gco. I. Such dealing led to gaming and s eculation. Such gaming and speculation pro duced the most ruinous consecp.ences. The gain oi one was the loss of another, while in fair c annot:ice and ti ale the buyer and seller were both benefitted. Before an Act of Parliament or a Charter incorporated this Company . , dealing in transferable shares was illegal.— It was not necessary to say more respecting the Company. Justices Balmer, Iloutoro, and UTMDR LT -we their opinions st length, coinciding witb the Lord Chief Justic.u. Ma LORDSHIP then took the o.lportunity of saying. that although the point was now helote the Court, )et be was of opinion that the transaction in question was illegal, at common law, because it was betting and bar gaining upon the getting of an Act of Pailiament.-- Rule made absolute for a nonsuit. Lame : Prattled end Published by J. F. KZALY. to the Siva Orricf, • Nu. 1, Pteicett-Prace s Temjtic•Der.