The British Press; or, Morning Literary Advertiser. — London, England, 1826-05-05 00:00:00

wealth, in whatever hands it is placed, must eventually benefit all classes ; for it cannot be enjoyed without em ploying the labour of every class of the community. Wealth produces luxury, and luxury distributes that wealth among the poor, which would otherwise be accumulated in the hands of the rich. But the immediate consequences of the introduction of machinery will not, in the end, be confined to great capitalists. It is a general, but a false notion, that speculations or manufactures carried on upon a large scale, are more titan proportionably productive, be cause the great capitalist has it in his power to employ me thods, and construct machines, which the more contracted 'Waling, of inferior capitalists could neither admit in the first instance, nor render ultimately profitable. This rea soning is inaccurate, for there is no machine on a large MA which may not be constructed on a small, with a proportionate diminution of expense ; and, in all proba bility, the improvements in machinery—generally under stood, as they soon must be, in consequence of the diffusion of knowledge—win, in the end, become immediately bene ficial to the operative classes themselves, and be employed by them in producing larger quantities of manufactured goods, to be disposed of on their own account, to the whole sale dealers. This has already been the case with many machines which are now become common. The invention of the water and wind mill must, in the beginning, have thrown a great number of people, formerly engaged in grinding corn, out of employment for a season ; but its ultimate result, in the early stage of society in which it had its origin, must have been, in the first place, to raise the respectability of the miller; and in the next, by leaving hands disposable for the purpose! of agriculture, to augment the produce of the country, then but partially cultivated; and thus to increase the employment of the iniiler to such an extent as would again throw a number of buds into this branch, canal to those who had obtained their living by it before the improvements took place. The effect of machinery would be more obvious in a coun try like the United States, where the produce of the soil is exactly in proportion to the hands employed in its culti vation ; but we shall endeavour to shew, in the sequel, that the capabilitits of agricultural production, even in this cat:ntry, are still susceptible, by the application of addi tional skill and labour, of very considerable extension and improvement. For these reasons, we would point out the adoption of machines on a small scale as one of the best methods of snaking mechanical improvements immeel:ately bc'eficial to the operative classes. If such a system were in general practice—whether in consequence of the natural progress of knowledge among the working classes, or from any encouragement which the more opulent might afford, whether to enable them to procure such machines, or to f!rd a market for their goods when manufactured—it would have the effect, if not of allaying the prejudice against machinery, at least of diverting that prejudice from the present opulent, and, as they are called, overgrown masters, t- those of the workmen who might be enabled to use Inc smaller machinery before the rest of their fellow labourers could, from idleness or dissipation, find the mans of doing so. Still the profits of the masters would not be attend by such a measure, as they would have even then to find markets for the work of the operatives. Another mode in which the mechanical improvements in a country may be merle available to the small capitalist, is by uniting them in Companies. If mechanics continue to mike such advances in knowledge as they have lately done, mercantile associations may undoubtedly be formed by them, in order to partake in those profits which are tiow, as they think, monopolized by their employers. In the discussions on the law of primogeniture in France, it was mentioned, that many of the small properties in that country, which might have been divided by the French LAW of succession, often continued, by common consent, to remain undivided, when it was found injurious to parcel them out among the co-heirs. If such associations be fouod useful in that country, there is no reason why small farmers and °slier. should not form unions here of the same sort, at least in so far as to join their capitals. Such acsoci adons, if made betw.,en men of different employ would have a farther adviutage of securing to all of them a full occupation in supplying their different co partners with the produce of their various labours. In the present state of thipgv , some masters as well as workmen bastion much employment, others too little; but as all must live • by their labour, the general rate of profit is not *Actilated, on what the fully occupied could alEtrd to sell, Lit suoh as enablu those who are hut partially employed t) sperm themselves, with their families and establish in rats. 'f hut the labour which many are capable of ex con% ii.not ?tally, called into action , and is at the same tispAßsid,for by the consumer in the shape of an increased ' rgla oar, profits. This is one of those unseen causes of dis tress and high ptices which operate far more extensively than the Corn Laws, or any legislative enactments what ever. Nine-tenths of the traders and shopkeepers of Lon don have less than half the business which they could manage with their present establiehments, if they could procure it. If none were employed in a business but those who are fully occupied, it is obvious that goods esuld be sold at half the present profits. . The next point to which we proposal to call the atten tion of our readers was the late change in our commercial polity ; but as we have formerly detailed our sentiments on this subject, we shall not now enlarge; are shall simply restate the substance of ore opinion—which was, that freedom of trade, as a general principle, was not only a right of the subject, but a principle of sound policy in the Government; though we also maintained that this freedom was as compatible with certain regulations, as eerit liberty is with penal laws ; and we laid it down as a principle, that trade ought to be free in all CMS, when the use of this freedom would not produce consequences in jurious to the public interest. On the Banking System, with regard to which, as well as the Corn Laws, Government is accused of acting on principles directly the reverse of those which are so ob nolious to the " operative" weavers anti others, so much hes lately been said, that it is scarcely necessary at present to add any oliservations on the subject. If the general in town require the prohibition 4 small notes, the interests of one clan: or portion of the empire must not be allowed to stand in competition with the general conveni , nec. The mole enlightened opponents of GovvroTnent have divertCd their attention from mechanism, free trade, and ca sh payments, which they are famed to acknowledge to be untenable ground, and have taken their stand on the Cora Laws, on which they have come to a tacit agreement to Aix the whnie odium of those unavoidable, awl even summary evils, wl ich are in fact in igreat degree the con setiebres of MeasUTelk which they have themselves si permed. We shall now endeavour to show that the repeal of. the Corn Laws is at least a measure on which Govern ment ought , to pause, and that there are grave subjects of consideration to induce it to continue the restrictions on iatipOrtition; at least for a certain period, air under eireutti aseuperof extreme distress, such as those which unhappily argot the manufacturing districts at present. Tile most ipta muse of alarm,as to the rep al of the Corn L aw% would be the fear of becoming dependent'on foreign ooun- --. u - -ft,,.. tries far the means of subsistence, and the consequent em barrassment in which our politics must be involved. It is always beneficial for a country to have as much of its soil ' employed in the raising of neeesqaries as possible, as that must undoubtedly diminish the probability of any great distress among the lower orders. In the most prosperous state of the Roman empire, Italy, instead of being filled with corn fields, was but one succession of cities, camps, gardens, and pleasure-grounds. Its corn was brought from Sicily, or from Egypt, and its immense population was consequently dependent on that country for its very existence. Hence the advice of Aco uterus to his successor to take care of Egypt, because its possessor always had the means of commanding Italy. We have seen in Norway, after the peace, an instance of a caunt►y in our own times, in which the population was obliged to submit to a Go vernment which it disliked, in consequence of the difficulty of importing provisions. It is obvious that the necessity of raising corn for our home Supply must induce the farmers to exert themselves to the utmost. It must bring ground into cultivation, and produce improvements, which would not otherwise be thought of. Instating this, we do not by any means lose sight of the arguments on the other side; we admit the disadvantages of a monopoly in preventing those exertions which are pro duccd by competition ; we allow, prima fade, that it is unfair to destroy, in favour of the agriculturist, the mo nopoly enjoyed by the manufacturer, without destroying at the same time, in favour of the manufacturer, the monopoly which is claimed by the agriculturist; and we are in hope, from some late measures, that Government will soon find means to reconcile these two conflicting interests; but, at the same time, we consider the arguments which we have just mentioned as sufficient to make us pause before re pealing these laws, and wait at least till we can discover the means of removing such objections. Nor is this re moval in any way to be despaired of. The extent of coun try which still remains uncultivated, as well as the im provements of which agriculture is susceptible, render it extremely probable, at some future period, that we may be able, not only to supply our own market at a cheap rate, but to export a considerable surplus to foreign countries. We have already exceeded the space which we generally devote to an article of this kind, and therefore must reserve for another occasion our remarks on the alleged over-pro duction of manufactured gcods. CITY, THURSDAY EYRNIXO. The English Stock Market was in an uninteresting state, and very few bargains done in it until a late hour this morning, when a report was circulated that warlike news had arrived from Russia, and that a declaration of hostilities against the Turks had issued from the Cabinet of St. Petersburgh. This news had an instan taneous effect on Consols, which opened at 78 to;. After this an. nouneement they declined to 77t, and closed at I, rather buyers. Exchequer . Bills were 9s. 10s. rm. and the new Scrip to dis. All the letters that we have seen from the manufacturing districts speak confidently of returning tranquillity; but just before the Stock Markets closed, an Idle rumour was put forth that bad ac counts had arrived from Manchester, and that probably might have assisted, with the warlike news from Russia, to depress the Funds at the close of the day. South American Securities are attracting some attention, and they are consequently improving in 'price. Colombian Bonds reached 41i, Chilian ditto 40, Peruvian ditto 30, and Mexican 6 per Cents. 621. Russian Bonds were a good deal depressed, from the report of the warlike proceedings of NtcIIOLA9 . B Cabinet; and the anxiety of holders to sell them at one time was very great. The price was 70i. Greek Bonds were held more lightly, and the quotation of them 13i. A courier arrived in Paris on Monday morning, with the ac counts of the disturbances in Lancashire. The decline in the French Funds did not exceed a half per tent. All descriptions of Securities were lower In Amsterdam, in conse quence of the stagnation of trade in this country, and the accounts received t►ere of the liotows proceedings in Lancashire and Cheshire. The accounts by the French mail this morning announce the arrival of the Nancy, merchant vessel, at Bourdeaux from Calcutta. She sailed on the 13th January, but as she was immediately placed under quarantine, no papers or letters were this morning received. Yesterday afternoon, at two o'clock, a Cabinet Council was held at the Foreign Office in Downing-street, sum monses for the assembling of which were issued at a late hour on Wednesday night. The Council was attended by the Lord Chancellor, the Earls of Liverpool, Harrowby, Westmorland, and Bathurst, Mr. Secretary Peel, Mr. cretary Canning, the Chancellor of the Exchequer, Mr. ilueltisson, Viscount Melville, Mr. Wynn, Lord Bex ley, &c. The Council remained in close deliberation till half-past four o'clock. The Adjutant-General, the Quarter-Master-General, and Sir Robert Taylor, the Military Secretary to the Duke of York, were closely engaged with hi s Royal Highness, at ; hir House in South Audley-street, making arrangements for the disposal of the troops, &c. THE 63D REGIMENT.—A paragraph which appeared in our paper on Tuesday, has been (e regret to learn) con strued into a reflection on that gallant portion of the Bri-; tish army. Nothing of the kind could be in our contem plation, nor do we think that the expression, though un doubtedly a little obscure, could have fairly conveyed to any mans mind the slightest censure on the corps in question. We have, however, the satisfaction of being able to state, on the most accurate as well as indisputable authority, that the real facts are these:—Orders were re ceived for the ead to march to London, and from thence to proceed to Manchester; but, on the march, the final des tination of the regiment was altered from Manchester to Windsor, owing probably to the numerical weakness of it-420, while 800 of the Guards were considered necessary Extract of a letter from Alexat dria, dated Mess i 10, 1826:—" It is ordered by a firman ut Dts highness, that the dollar shall be given and r e c e i ve d a t not more than 15 piastres, anti' in case that any Mussultuan or Rajah shall transgress such order, he will be subject to the punishment of the Turkish taws ; and if any European whatever shortid transgress also the said order, he may he arrested by the Turkish guard, which will give advice to the Con ; striate to which he appertains to the end that he m a y b e attothpaelcd urea** by Wl4 its officers, ter be judged there, and in case that the Consulate should snake any re fusal, he shall be forwarded to Cairo, in the custody of the Ottoman guard. The punishment of the Turkish law is, the forfeiture of the nose." SUSPENSION BRIDGE IN RussrA.—lt is stated, in the Annales des Mines, that it is in contemplation to build an iron suspension bridge across the Ncva, at St. PctersburgL. The proposed span of the arch is 1942 feet, the suspension chains to have a total section of 400 square incites. The road for carriages is to occupy the centre, and be 41 feet stile, bordered by one on each side for carts, of the breadth of nine feet each, and two pathways for f oo t-p assengers , five feet wide ea ch. O'Keefe, in his kxolleelions, gives the following cha racteristic anecdote of Tom Carter, the eccentric composer of the celebrated air " 0 !Jennie." Carter, it seems, pressed him to take him to one of the rehearsals of The Castle of Anialusia, which he refused, till he promised to keep in the dark behind the scen.•s. "In the middle of the arsal," says O'Keefe, " I felt a slight tap on the shoulder; I turned round, and there stood Carter, in full sight in the stage-box, do e behind me. Before I could express my surprise, he whispered, " O'Keefe, introduce mo to Harris;" at the same time throwing his leg over the box, he jumped upon the stage, and began to direct the banal, applauding, grimacing, shutting his ears, and run ning bickwards and forwards along the whole front of the orchestra, it bring a rehearsal full Land, crying " that horn too sharp—very well oboe—that passage again —piano Mr. tenor—bravo crescendo, &c." I was mortified and con founded, and soon after missed Dr. Arnold, who had pre vious to this been, as usual, diligently attending his duty with tho band. All alarm, I crossed to where Mr. Harris stood, in the opposite stage-box, anal remarked, " Why Dr. Arnold Is gone." "To be sure," returned he coolly. " when you bring in Mr. Carter to direct his music." This gave we a lemon lICVCT to bring in Tom Carta:, or any other acquaintance, behind the scenes. '•T `~ THE BRITISH PRESS. ALMACK'S. Tee elegant rooms, on Wednesday evening, were most brilliantly at tended : there were present upwards of :NU of the taut tun, among whom were— Duke of Wellington. Duchess of Wellington. hfarqukies—Londonderry, Salisbury, Clanricarde, St. Martian, and Gra ham. Marchionesmsi—Londonderry, Emily Londonderry, Huntly, Win• cheater, Clanritarde, Lothian. and Corl" , ^ 1110 . Rarla—WeNtraorland, Talbvt, Romney, Rounlyn, Clunmell, Hardwood, Albemarle, and Darnley. Counteseea--Mansltdd, Jenny, Srftun, Cowper, Dartmouth, Antrim, Cork, Beauchamp, and St. Antonin. Counts—Schoenfeld, Lottum, 1)e Schafaatch, Do Lannoy, Flavigny, and Baron Cato. Lottl4—Vallltort,!Cord, Beauchamp, Dorchester, Melville, Striae: Lennox, Barnard, Ellenbortigh, Palmerston, Morpeth, Elphlnston, Antkver, Milton, E. Somerset, Sherborne, Tulbutton., Mark Kerr, Fal mouth, Mahon, Wrutteiley, Bunten, Stafford, Pelham, and Ravenswortb. I.aille*Gwydyr, two Molyneux, Rose, Codrington, E. and C. Monta gue, E. and C. Murray, C. Legge, A. and C. Paulen, Wruttesley, Kerri aon, C. Haitians, G. Cathcart, Morley, Me!vire, A'Court, Ridley, A. Pau. lett, S. Greeley, L. and I. Benuclerk, Barnard, Wilton, Duncannon, G. C. and M. Grey, C. Talbot, A. Vane, E. Etlgcumbe, G. Seymour, Ellen borough, S. Shushan', C. Crofton, J. St. Clair, A. Milbank, Farquhar, L. Vaughan, E. Palk, C. Inancombc, J. Houston, Julia Howard, Musgrave, H. and L: Scott: E. Lowther, P. Lascelles, F. Kerr, C. Beauclerk, C. Pundits, M. Itint.telerk, King, A. Vernon, F. Hatton, C. Graham, M. Ross, pundits, Al. Keppel, Sherborne, Pringle, Ravensworth, G. Stinky, F. Osborne, A. Holroyd, Shelßeld, Stafford, .1. Petre, Hervey, M. Kerr, G. Neville, H. Mitchell, three lJeskeleya. Dude, Fitzroy, Inge, and C. Pontett. _ Sire—E. Retrial°, M. W. Ridley, R• Gresley, R. Anstsuther, J. Wil loughby, R. Yergosson, P. Musgrave, C. I.:reline, and C. Cute. PARTIES. Sir Wat Lin and Lady Harriet Williams Wynn entertained. distinguished party at dinner oft Wednesday, at their house in St. James's-square ; among whom were,l-the Duke and Duchess of Montrose and Lady C. Graham, the Earl of Brecknuek, Lord Hill, Lords C. and R. Manners, Lord Hervey, Lady Luc/ Clare, Lady C. Stuart, Lady G. Pratt, Mr. Jen kloson, Mr. atewart. The Duke of Leeds had a select party at dinner yesterday, at his house In Renton-Atreet. Rerkeleyequare, The Duke of St. Alban's has Issued cards of invitation for a grand dinner party on the I2th Inst. at his house In St. Jame.S-squrtre. The Countess of Essex has 'sorted cards of invitation for au assembly oa Monday next, at her house in Hill-street. The Earl of Mansfield entertained a distinguished party at dinner yes terday, at his house in Hanover.square. The following Noblemen and Gentlemen had dinner parties yesterday : —Lord Bexley, Dreat George-street, Westminster; Earl of Sefton, Arling ton.street ; sir George Chetwynd, Bart. Great George-street, West- Minster John Esq. M.P. Itichmond.terrace ; Lord King, Dover amt. lI9VEMENTS. Admiral Douglas arrived yesterday at bb house in Chapel-street, Gros enor-square, from his scat In Berko. Captain Bridgman, R.N. arrived yesterday at B'arne's Hotel, Con ail-street, from Shrewsbury. H. J. Conyers, Esq. arrived yesterday at his house In Dover-street, from is seat, Copthall, Essex. Major Bridgensaa arrived yesterday In Great Ryder-street, from Lau- R. F. Shaw, Esq. left town yesterday, for Scotland. The Duke of Norfolk left town yesterday, fur lala seat, Fornham, Suffolk. Colonel Sutherland len Could's Hotel, Jerrnmstreet, yesterday, for Manchester. The Rev. Mr. Irving arrived yesterday at Gordon's Hotel, Albemarle street: General Ord left ditto fur his seat In Hants. Sir John and Lady dbucaburgh and Hiss Ponder arrived yesterday at the London hotel, Albemarle-street, from a tour. Arrivals at ',tattoos's Hotel — , Oxford-street —The Lord Bishop of Raphoc, from Monmouthshire; Hon. Mr. Wynne, from Essex; Mr. and Mrs. Ruiners, from a tour ; Mr. and Mrs. Hawkins, from Surrey; Captain Thornton, from • tour; Mr. and Mrs. Wilson, and Mrs. Shepherd, from ditto ; Gardiner, Esq. ditto; Colonel Danniells, ditto; Tuffnell, Esq. and Tyrrell, Esq. ditto; Bell Lloyd, Esq. from Wales; Major Sparrow, from a tour- Rev. Mr. Hall, ditto ; Count Strout, from the Con tinent Graham Esq. from a tour; Rev. F. Lewis, from Oxon. De partures ; Mr. and Mrs. Parker, on a tour; J. Wards, Esq. ditto ; Mrs. 'Ticket!, ditto; Mr. , Mrs., and Miss Tborald, ditto; Admiral and Mrs. Lawford, for Kent ;.1. Markham, Esq. for Sussex; C. Sutherland, Esq. on a tour. Arrivals at Bates family hotel, Dover.strect :—Captain Beard, Lady Beard, and family, from Scotland ; Mrs. Browne and family, from Norfolk; G. Thalue, F.q. from Lover; Mr. and Mrs. Dunlop, from Scotland; Mrs. Dame,' and family, from Bath. Departures —Lord and Lady Anson and family, for Stadordshire ; Major and Lady Cathcart ; Sir Thomas and Lady AVMs/son and family, for Manchester-square; Right Honour able General Sir Robert O'Callaghan, for Scodaidr Mrs. Queues and family, for Half Moon-street. Arrivals at the Burlington Hotel, Old Burliagton and Cork-streets T. B. Esteourt. Esq. M.P., Mrs. Estcourt and *sally, from Hastings. f - is"; f • ,—r —s 4. INI•ELE,Lcs. _ _ - ST. JOHN'S CHURCH. The foundation stone of a New Church for the Pariah of Isling ton was yesterday laid by his Grace the Archbishop of Canterbury. The Church will stand close to the Highgate road, in Upper Hol. !way, opposite the third mile -stone, and is intended for the accom. modatioo of the families in that neighbourhood, which is of daily increasing population. Notwithstanding the unfavourable appearance of the morning, Islington, especially about the Church, was crowded with persona of the most respectable appearance, and many splendid equipages were seen driving to the site of the intended building. The pro. cession assembled at St. Mary's Church, front which it set out about one o'clock, and arrived at its destination in a little more than an hour, in the following order : One of the City Har•.ale on horseback. A man bearing the Banner of the United Kingdoms. Street-keeper. Four Supervisors of the Watch. Girls of the Parochial School, four abreast, and Schoolmistress, Boys of the Parochial School, four abreast, and Schoolmaster, Parish Clerk and Organist. Two Men bearing Flags. Band of Music. The Collectors of the several Rates. The Contractors for the New Church. Messrs. Ward (the Masons) bearing a Silver Trowel on a Cushion. Charles Barry, Esq. the Architect, with the Plans. The Inhabitants of the Parish, three abreast. Past Churchwarden' and Overseers. The Trustees of the Parish, three abreast. The Committee of the Trustees, bearing the Vase and Inscription Plate, on Crimson Velvet Cushions. The Vestry Clerk and the Secretary of rite Parochial Schools. The Bankers (acting as Treasurers) bearing the Coins to be depo sited, and the Treasurer of the Parochial Schools. B. Harrison, Hag. Treasurer, and other Members of the Corpora tion of the Sons of the Clergy. The Beadles, with their Staves of Office. Two Alen bearing Flag.. The Church waidens,with theirlVands of Office, ant. the Sidesmen. The Clergy, in their Robes. The Members for the County. The Sheriflir of London and Alitidiesez. The Right Honourable the Lord Mayor. The Lord Bishop of Chester. The Lord Bishop of London. His Crime the Archbishop of Canterbury, with Attendants. Constables, with their Staves. On arriving at the ground, the Hui.dredth Psalm was sung, after which the glass case containing the coins was presented to the Archbishop, which his Grace deposited within a cavity formed in the stone, covered with a metal plate, bearings suitable inscription. A prayer was thee read, after which the stone was lowered towards its intended station ; and the Archbishop, receiving a silver trowel from Mr. lkirry, the Architect, proceeded to lay it. After it was properly adjusted, prayers were read, and three verses of the 95th Psalm sung. His Grace the Archbishop then invoked a blessing on the work, and the ceremony concluded. ,- ,FL,M ARTS. FLEAILSH AND DUTCH PICTURES. The real lovers of art. have thronged the rooms of Mr. CHUMS, during each day that the small but highly valuable cabinet of choice pictures, of the Flemish and Dutch schools, has been submitted to public inspection, preciously to their sale, which takes place to-tnorrow. They comprise choice specimens of about twenty of the principal masters, and form of themselves a select and beautiful collection. We observe, among them, the Abrest uoir, by WouvErtmsNa, which, if we mistake not, was formerly in the possession of the late President IVEsv, and was considered by him as among the very finest productions of that great master. A View in the Interior n/' the City of Cologne, by V. nta HEYDE, is, both in execution and effect, perfectly magical. Nature was never more perfeetly brought upon the canvas than in this exttaordinary picture. Although miuisitely finished, it has nothing of dry or hard pencilling in any part : the sky. the atmo sphere, the distance, are all worked out with a transparency that products a complete illusion. The Geographer pur suing his Studies by Candle•light, b 7 GERARD Douw, and the specimens of M IERI9 , B OTH , C ARL DE MOOR, MAAS, and TsNisas, are works of first-rate attraction, and will, no doubt, give rise to a strong competition among the leading collectors. ATMOSPHERICAL PRESSURE.—From a essnparison of the various meteorological journals througbantthe country, it appears that the can height elf the besaiestar in the year 1825 wai greater than the ineiftaf the pineal!' eleven years. INDLAR Gore-HaaaeLs.—.-gree the l'reientiona of the Society of Ans, we find the tpliOwtrela gab at Itombay, in imitation eUtleose of Dammam so seeekialned by the Orientals for tit• beauty of deate Meer agallPeoldee, lured front ken beeps, obtained bans iirepteir INN, mostly LIVERPOOL, Nl.ty 3. This morning our town's p aper, the Courier, announced the notice in the Houses of Parliament of the bonded grain to be admitted for home use • and it produced a most lively sensation through all ran ks, but more particularly in the corn trade. No price for wheat in bond can be as certained, and we have not learned of a single transaction in it. _ _ _ The Cotton Market has experienced a better demand, and this day upwards of %WO bags have been sold, at what may be called rather improving prices. The previous part of the week this trade had been very dull, as indeed every other sort of produce bad been. By a gentleman who left Manchester, this morning, that place was very quiet. Nothing from Blackburn, this morning; we therefore conclude the people were quiet there. EQUITABLE LOAN BANK COMPANY. Tuesday, a meeting of those members of the Equitable Loan Bank Scheme, who had signed the Deed, was held at the City of London Tavern. The other Shareholders who had not signed were rigorously excluded, and they met in an adjoining room. Dr. LUSIIINGTOX, as one of the Vice-Presidents, took the Chair. It was, he said, the duty of every man who lent his name to a concern like the present, when it unfortunately failed, not to absent himself, especially when anything like difficulty or distress occurred. (Cheers.) He was ready, to the utmost of his information, as Vice-President, to answer every question that might be put to him. Mr. Wuxi, stn. reed the Report, which recapitulated the dr cumstancts under which the Company originated. It denied that it could be truly imputed that it was instituted for the benefit of any solicitor, secretary, or other individual. When all demands were paid, the Directors anticipated that, from the mere sale of the College of Physicians,asum of eight thousand five hundred pounds would remalneo be divided amongst the proprietors. This, If it were divided amongst each whohad paid a deposit, would produce about eight shillinp per sbare ; and. if the affairs should be wound up as favourably as was expected, and the division was confined to those who had at present signed the Deed, a dividend of twelve or fifteen shillings in the pound would be made. The Report there. fore recomni_aded, that the Company should be dissolved, and that, after all demands were paid, they should divide the residue amongst those who were legally entitled. After cm.siderable discussion upon the details of the account, which a Shareholder expressed his hopes (as they were most extra ordinary) would be thoroughly investigated, the Resolution for the dissolution of the concern was carried. MEXICAN COMPANY. Yesterday the Proprietors of this Company held their first annual Meeting, at the City of London Tavern, Biahopsgate-street, to receive the Report of the Directors ; Joust PETTY MUSPRATT, Esq.. in the Chair. The CHAIRMAN, in opening the business of the Meeting, ob served, that by the Deed of Settlement the Chairman of the Board• of Directors should preside at all annual assemblies. but, as that gentleman was unfortunately absent from indisposition, the duty lad devolved upon himself. and he trusted that the kindness of the Proprietary would excuse his inability. (Hear, hear, hear.) Many unkind things had been said out of doors, respecting the line of conduct they had pursued, hilt they disdained before this period to reply to attacks of this sort. The Directors, in presenting the Report which would be read to the Meeting, were content to stand on that ground alone. (Hear, hear, bear.) Before proceeding to the establishment of the Company, by the purchase of mines, the Directors thought it prudent to wait until his Majesty's Ministers had formally acknowledged the independence of Mexico ; and in order that every one should stand on the same footing, no premium was charged on the Shares, though they were at one time in very great request. The Directors hail been represented to have allotted a considerable portion of Shares to their own uses. This was not the fact ; for out of the 2,813, who had executed the deed of settle. merit, only two transfers had taken place, and not a single Share I had been sold in the market: at this moment the Directors held one-fourth of the whole concern. Some gentlemen, who refused to execute the deed, insinuated that it was because they dis- , approved of the terms. The Directors did not profess to be I lawyers, though they were practical men of business; and he could only say, that the deed was not offered for signatures, until it had received the sanction of the great ma jority of the Proprietors. This Company had followed pretty closely the track of the Brazilian, which Lord Lowther was at the head of; and though it was originally designed 'or the general ols-, jests of Mexican trade, yet, as it subsequently appeared that there would be much risk in attempting to act on general principles, the Directors thought it advisable to apply the capital entrusted to them solely to the working of the mines, and from which they now augured the very best results, with a reduced expenditure, and in finitely less risk. It was possible that a large quantity of AIM had been bought up by some gentlemen, 'merely from a reliance on the honour of the Directors. In the fourteen months that had, elapsed they attended at eight - seven general beards, beside several Committee Meetings; and their services had been entirely gva tuitous, not one penny of expense having occurred to the Company. (Hear, hear.) At the present time, the intrinsic value of shares ' was quite as great, if not greater, than ever. (Hear, hear.) Out of 9,000 Shareholders only 8,500 had signed the deed of settlement; of course there remained 500 who did not sign ; and there were 1,688 whip did not pay the original instalment of si. In the event of going to a ballot, he should conceive that they . stood on the same footing with those Proprietors who had signed the deed, and paid up their deposits. (Hear, hear.) Mr. MAUDE, the Secretary, read the Report. The following balance-sheet was then read:— The Mexican Company, to the 31st December, 1921. Dr. To capital for deposits of 101. per share on 8,693 shares Z 86,950 0 0 Shares paid on - 8,693 Shares not p.sid on by the parties to whom appropriated . 305 Applied io London - . 9,00/ Reserved for distribution in Mexico, agreeable to the prospectus - 1,000 Cr. 10,000 £06,060 0 0 --- By cost of quicksilver - - - 426,256 810 Specie transmitted to Mexico . . 6,950 0 I Goods shipped to Mexico . - - 3,464 811 Bills drawn from Mexico, on account of contracts for mines - .. - - 15.362 13 6 Insurance on consignment to Commissioners at Mexico . . -. 150 1 0 - General expenses to this date - . 3,582 8 2 Balance of Exchequer bill account - 28,395 11 11 (28.0001. remaining on hand) Balance of cash in the hands of the Bankers . 2,788 1 7 £86,950 0 0 Mr. Buttes declared he had never heard a report more satisfac tory in all Its details • he should therefore move that it be a d o p te d, and printed for distribution amongst the Proprietors. A SHAREHOLDER., before the question being put, wished to know whether any estimate had been made of the annual expenses of the Company The Cu AI a MAX thought that the question was ill.tinied and out of course. He should therefore decline answeringa. Mr. GREGORY s ished to ask Mr. Monroy, one of the Commie sioners to Mexico, if he knew the character of the mines, whether they were old or new ? AIL Mon twit said that they had mostly all been worked, but not over. bey were. generally prodaatisw y ! end contained great abundance of ne ore. Mr. W. CLARKE rose to offer some observations on the Report when, The CHAIRMAN said, that as the gentleman was one of those who had not executed the deed, he was permitted to be present only through courtesy, and of course had no right to speak on the question. A very warm discussion arose on this point, which concluded by Mr. Knight informing the diaaentients that they had disqualified themselves from voting. Another SHAREHOLDER observed, that in order tenet these gentlemen see there WAS no undue advantage intended to be taken of them, he should move that they be allowed one month to quality themselves as proprietors. This motion was carried unanimously. The CHAIRMAN trusted that this vote would be an answer to every objection. Thanks were then voted to the Directors, Auditors, Secretary, and Chairman of the day, and the Meeting broke up. r. Graham, of Netherby, it is said, offers himself for Carlisle at the next election. CLASSICAL LIT ERATURE.--HERCULANLUM MSS.—We understand the unrolling, deciphering, and printing of the Ilerculaneum MSS. is proceeding with more diligence than heretofore, and that the following are in the press, and nearly ready for publication :-1 wo Treatises on Rhetoric, and one on Ethics, by Philodenaus ; two on Nature, by Epicurus ; one by Chrysippus, on Providence. These will be succeeded by one of Camiscus; one of Polistratus ; and one of Epicurus. It is not a little temarkable that the celebrated Treatise on Politics, always attributed to Aris totle, is ascribed by Philodemus to Theophrastus. We understand that the wines sold yesterday, in Austin Friars, the late property of Mr. Sykes, the banter, brought very high prices.. Some sherry, a hundred years old, was knocked down at 8L per dozen. A_ besiotiful specimen frees the chisel of Chantrev has been lately put up in St. John's Chapel, St. John's Wood, maritebonw—a monument to Miss Sarah Capel, who died in the tith year of her age: it is a full-length figure of the young lady, and said to be a great likeness. LAW NOTICES. COURT OF CHANCERY. 11FO1■ Tlll LOAD CRS/SCISSOR TSIS DAT A • T TIT Motions only. VICE-CHANCELLOR'S COURT. AT TORII TSB TICI.4.SANCi44OI, TRI DOT, AT HALT-PAST ht . Motion, only. ROLLS COURT. • C , Further Directions, and Petitions, to be heard, by roams , fore the 3fa.ter of the R o ll s , to.morrow morning, at nine. Couse,..i Pelitloas must besot down before two o'clock to the afterdoon U.ls di. _ _ - PREROGATIVE COURT. naeoss Sin jIiPIN NICHOL, AT TIM Fourth and Last Session In Easter Term. COURT OP KING'S BENCH. TIM DAT, AT NALV-PAIIT MINS, Undefended Causes only will be tried In Middlesex, this day . in etl. must bare been given, at the Marshal's Odice,of such Causes a. 6 .7 defended, or the Records would not be sent to We.tmlnster for tel Undefended Causes only will be tried In London, to•mmrocwa .de ided, stout, mu.t be elven at the Marshal's °Mee, of such Causes as are or the Records will not be sent t o G u ildh a ll f ur trial. COURT OF EXCESS:QUER. TO-1110111110M, AT TAX. Before the whole Court. l Fawcett T. Hutchinson, esceola ts Palmer r. Palmer, exceptions COURT OP KING'S BENCH. Appointed Sittings after Term. Middlesex, Tuesday, May u. Last night far entering Causes for the Sitting after Term, Tuesday , • and fur marking Special . Juries, Wednesday, 10 t h . London. Wednesday, May 17. The last day for entering Causes, for the Sitting atler Tenn. Monday, Itrth, and fort making Special Juries, May 16, at half ••„, liat nta each day. COURT OP COMMON PLEAS. ♦T TIN. Middle's; Tuesday, May 9. London, Wednesday, Way in. THE ARMY. The Ist battalion of the Cod Regiment of Goias taarditi es Wednesday from Finsbury Quarters, tb Knightsbridge Barracks. The 24 battalion of the 3d Foot Guards proceeded on Wedneadar occupy the quarters vacated by the lat battali on of the Colostrum RV. went of Guards. mentailnu 77th establi ;East MiddLeven) Regiment of Infa n t r y h as completed him w . on shment. A detachment belonging to the Veteran Companies embarked on aim Inst. on board the Orpheus convict ship, at Chatham, for New *me • Westminste detachment for blanchesta. rof the 60th little Corps marched on Wednesday bon , A detachment of the Mb Foot searched on Wednesday from West Waster, fur Radford. SHIPPING INTELLIGENCE. LIVERPOOL. Wanly AAAAA Marl. Arrived this evening, Eliza Barker, Rawson, from catacomb. Sailed the ROlllllO, for New York ; John Cullen, for Hio de Janeiro The Warren, Brown Cornet, Barns; and P anmure, Tart, from Livw. pool, have arrived at Bahia. The Lord Blaney,ateast vowel, on her arrival at It Ines town, hut metre with a cargo of merchandise, waa immediately iespatched (withort load. log the goode) back to this place, with a detachment of 1110 Stith &tam of Foot. FA LMOVTR, MAT 2.—Arrived the Anna, Long, from Suoderiani Variable light winds. COIVill, MAT 3.—Arrived the Margaratta, Simpson, from Slam:l l 4 130 days. POATIII/OCTIT. MAY 3.—Arrived the Harmonic, Potter, from Socks land; the Majestic, Thorn, and the Economy, Sutton, from Venni, Sailed the Barbara, Brown, and the Camelia, Robson, for Stuaderlast Wind E. Dem., MAY 3.—Passed through the Honourable Company's illy Orwell, for china. A transp or t ship, from the westward. in anchored un der the South Sand Head. The Fort William, Nark, fan Bengal, sailed for the river this morning. —Wind ICC GRAVISSND, MAY 3.—Arrived the Ann, Proems, from Legkon ; Agenoria, Baker, from Montserrat; Borneo, Ross, from Slogspon; Rio riet, Goddard, from Jamaica ; IC - Worth, Clark, from Memel • Frit* Cornfortb, from Gottenburgh ; Mercurius, Erenson, from Gotieabargi. Victory, Rice, from Harlingen Lively, Finch, from Harlingen' Angina Frederick, from Wismar ; ; Friendship, Tippan e , from Worms. Sailed the Orphetta, Duff, for Van Dieman's Laud; Earl of Liverpool, Ward, fur ditto ; Golden Spring, Spencer, for Jamaica; Radom, —, for the Cape of Good Hope; Brighton, &her, for New York. MARwtcs, MAT 3.—The Melly sailed to-day, after outman, a thorough repair. The Nancy sailed for he r destlnatior, after attains; km le Moen LLLLL MAT 3.—The Bon Foam, Jansen, from Centric for Dublin, got on the Hasbro' Sand yesiseday, and sow lies tall of water, Arrived off Beachy Head, the Drama, Green, from HUMUS. EAST INDIA SHIPPING. The Margaret, Shantou, from Batavia (for Antwerp), UColres; idled the 20th Dec. iteS, and did not touch at the Caps or St. Heleoa. The Mareo Botsaria, Kinsey, from at Cowes; sailed the Is Dec. 1825, and St. Helena, 21.1 Feb. The Nancy, Commute, from Bengal (eight month' mad foe: days, ad and home) has arrived at Bourdeeux ; sailed 14th! The Lonach, Driscoll, for Bombay; and the Norfolk, Greig, for Nacho aad Bengal, were to Dan from New South Wales, through the BRIM Straits, tkie 6th of October. The tiovertior of New Sonth Wales (Sir James Brisbane) bad Wan 6 111 pumas In the Mary, Hope, fur the Clyde. Passengers by the Helen Christiana, arrived at Helftlek from Maiatias' Mr. Bruce, lady, and three children; Mr. Nash, lady, andtvio &Wm Mrs. Ampt (widow' ; Mr. Sondersau, Dr. Wrede, Mt. Croanaelin, 31st, Doubts (widow) and three servants. SPORTING INTELLIGENCE. NEWMARKET HOUGHTON MEETING, 1020. Mull DAT. Sweepstakes of 100 each, b. ft. ; colts that. Hb.; fillies sit. 41b.; T.T.C.; warranted not le have hod a sweat before the day of nossiert, Aprlilik 1826. Mr. Hunter's ch. c. by Gustavus, dam by Scud Mr. H. Scott's ch. f. by Gustavus—Ranters dant Mr. Greville's br. c. by Waterloo—Aaron's dam Mr. Vt'llson's b. c. by Filbo—Gonsalet's deco Mr. Dilly's bl. c. by Blacklock—Scanestaldf FIRST SPRING /METING, ISM Duke of Grattan'* f. by Sella—Pope Joao, agat Jar. Gesenta's f Whalebone--Yreennes, Sst. Sib. each. T.Y.C. 20U, h. ft. CRAVEN INEETING, 1829. 110SDAY. _ Match, WS, h.ft..15.11. Bet. 71b. each. Duke of AutlansPi c. by Tirades, oat at Lora, apt Duke of Draftee's c. by Wolul—Miltonla. Metal, Mil, tot. Sib. each. D.M. Duke of Graftorea c. by Centaur—Aiwa, Jun. apt Mr. Grpldsfe 4. VI Waal—Aaron's dam. 1111 DAT. Sweepstakes of 200 each, b. ft. Ab.N. Duke of Grafton's c. by Woful—Postbusus, Sat. 71b. Sir J. Sheller's f. by Centaur, dam by Sorcerer. Sao Mb. Mr. Vansittart's f. by Whisker—Slight, Sat. 31b. Slate!), 200, b. ft. R.M. fists 71b. each. Duke of Grafton's c. by Monaco, oat of Moan, apt Duke of Portlute c. by Atuer—Pledge. FIRST SPRING MEETING, 1 829. MONDAY. Duke of Portland's c. by Ttrestas—Ambtrulty, art Doke of Grafttll c. by Wolul—Postituma, ast. 71b. each. P.M.. 2*. TATTERSALL'S, Tau AAAAA . Mir 4. The betting was today chiefly on the principal favourites for the Dertv, many of whom were backed to a eonsiderable amount. The int thro— ne General, Panic, and The Moslem -s-were speculated on largely. sad It would be hard to say which of t►e lot was Bret. We are inclined how ever, to give The General the call. The Moslem has been rising ulna Monday, and to-day 18 to I was taken, at which odds he left oft Trail (Mr. 0. Powlett's c. by Catton) bids fair to become a (anomie/ be it down at Epsom, and Is said to be a horse of good promise. Than Us not much said on the Oaks and St. Leger. The betting on Use lade Stakes will be materially affected by the York Spring Meeting, which commences on Monday week, and will be very important. Dilly. 3 to lilt The General 16 to 1 agst Adore* e to apt The Moslem N so I apt Sastooto4Yolll (t) S to 'Nye Poole 22 to 1 apt Pretest 10 to agst Denise (taken) 26 to 1 yet Dorian IS to apt Monarch 23 to 1 apt Truth IS to apt Carthago 60 to 1 apt apelles !taken) - - OARS. 6 to 4 apt Problem 14 to 1 apt Elisabeth 7 to 1 apt Paraplute 16 to 1 apt Bo. Peep 8 to 1 agst Mignionette ;taken) IS to 1 apt Butterfly 11 to 1 agst Tears 20 to I opt Morel 12 to 1 agst Rachael 20 to 1 agst °Amelia :token/ 12 to 1 apt Panic and Problem (taken;. ST. 11011. 7 to 1 agat Bed!emit° 18 to I apt Penny 10 to 1 apt Crasader 20 to 1 apt Barataria 15 to 1 agst Belzoni 71 to 1 apt Pirate IC to I agst The Dragon 2.. to 1 apt The °tweed John Wavle, Esq. of Squerries, In Rent, retires from the Wel world, In consequence of ill health. H e h as to ld his celebrated peck 4 fox.6ounflq to Yr. Horlock, of GloucestershlrE, for 2000 Stinelk has taken the Craven country, and will hunt It regularly four days In iv. week. Such 14 the sport expected, that needy alt the lodgings toes W M. in Hungerford are engaged for the next season. droPPed At the Hamblirdon Hunt Races, last week, Yr. Aylward's poll down dead after the Cut heat , and two ladles and a gentleman we , e thrown from a gig by the horse having taken fright al the besting of a drum by a recruiting party. BIRTHS. — On the let last. at Upper Sunbury, Mr.. Arthur Drury, of a SOU. On the 2d Inst. at Serbiton House, near Kingston, Surrey, the MO.` Alderman Garrett, of • son. MARRIED. On Tuesday last, at New Church, In the Ink et Wight. by the Mr. Sneyd, Major J. T. Murtxeet, Stith Regiment, to Esvlly V• 114 daughter of John Vous, Req. of Ryde. On the 2d Inst. Captain William Amstnek, of the 65th Regirseet. 10 Caroline, third daughter of the late James Foy, of Twlckenhern, Ewl• Yesterday, at St. Margar e t' s , Westminster, by the Rev. Thome, m, Prebendary of Salisbury, Alexander, eldest son of Alexander Cootru• Esq. of Gunmenbury Peek, Middlesex, to Marla Crude, yooneest dsuitalgr of the late Geo. Garland, E.g. of Stows, Whabenie, Dorset, and slur ui B. L. Lester, Esq. M.P. for Foote., DIED. M.O. of Ho st Moan Blake. Esq. oily sou at' tie la Brfo• Sk + ker Si. Wlltlany Thereat's. Yesterday. aged nine yews. Elba Lents, eldest &melt= of A 1614 Wigan. EN. Clare Mane. East Marna., Eent. HIGH WATER. THIS DAY AT LONDON BRIDGE. 3 1 6, D1A5• •• • •• • • . 43 after LI 1 Afternoon , aleLl,, Prlated at THE BRITISH PRESS Oleo, by J. W. CARLTON, No . lel, Strand. and pat:alibied by R. CANNON, saw OM.