The British Press; or, Morning Literary Advertiser. — London, England, 1826-01-07 00:00:00

LITERATURE. TIIE FATHER'S GUIDE IN THE SELECTION OF A SCHOOL FoR Ills SON. London : Wnittakers, IfIN. Price 3s. rid. This is a publication of small price and little pretension, but it fully accomplishes its purpose, and of the utility of that purpose there can he but one opinion. The grammar b ehools of this country have furnished almost all that there is of classical attainment in this land so famed for learning; sod their foundation might in a hand highly qualified make up most instructive portion, even of our national history. The work before us, however, has no such aim. Its limited object is well espressed by the author. It is to assist gentlemen of moth rare fortunes, desirous of educating their children in a respectable manner, to discos( r at what schools Hilt object may be attained with the greatest chance of success. We du nut pre eisely understand the ingenious author when he speaks or his production as " affording a panoramic view cf tb^ University advantages attached to every seminary in England," awl. were it not eaphonice Arratia, we conceive:the epithet might advantageously he omitted. The accurate and ample information, however, which the author has culleeteil, through impediments, which, we regret to percei nt! from his postscript, have been Apposed to his useful design, would atone for much more formidable dt limit:cue:es of style than are to be found in the volume before us. It may green :o partaken!' the marvellous, but it is never theless within our own knowledge, that parents have not seldom sent their sons 14 the University, and entered them at one Colleg.., while they were entitled, from the accident of birth or education, to advantages at another, of which these parents were utterly ignorant. Nay, further, we have heard of a cast. in which a Cambridge man discovered that at his otsn College he was entitled to an exhibition of 701. per annum,. hot it was to h im " discerning as in a glass, darkly," since he had just assumed the hood and Eonours of a senior optimist. The perusal of this small work must prevent the recurrence of such " a misery of human life." As a specimen of the core and intelligence exhibited throughout " The Father's Guide," we shall present to our readers the account of The Grammar Schoal at 14ridgenortli. BR IDGENORTIL The Free Grammar School at'''''' irenorth was founded In the ye.sr 1503, and lies subviiiiently received sundry ausrmentations to ta revenue.. Th, re arc Three :al.ibitioaa of the value of MI. per Tlniiin each, for schol.,r. Flom dila school to Chrkl Church, .4turd, Wooded by Edward Care.aell. A candidate for an exhi- bition must haec ban two years and a half at the school previous to election. The txtlibci,.. , 4 are tenable for sever years ; but if the exhibitiorer s not reside, hf , er taking his degree. he is only ailowed 211. per anntim for the remaining three years. The present muter is the Rev. J. %miry. ILA. The school is in the patruu. &is of the Curpomtion m.f t' c Burough. • SILK 7'1L41.)147. TO TIIC EDITOR OF THE BRITISH PRESS. SlR—May I heg Ir,re, through the medium of your Paper, to offer some explatiation of the fact stated by the Piesident of the ltuatii of Trade in his reply to our me• mortal of the I ttli ult. , and to the letter of the Mayor, which acconilsmied it ? The depressed state of the weavers an' silk dyers of Mace is admitted, but Mr. ilus kisson, in his letter. states that " in the judgment of this Board, the prt.sint depression of prices, and stagnation in the silk trade, arc mainly to be ascribed to other causes than the passing of the .li.t of the Simision before the last; and among these causes, in no small degree to the extra vagant speculations in the raw material, and to the very unusual exertions mule in many parts of the kingdom, hut more especially at Alacclestield, rapidly to increase the manufacturing establishments, and the number of hands engaged in them ; speculations entered into, and exertions made, since the passim , of the law for the admi ss i o n of foreign wrought ;Us, said when this change must have hen as much within the knowledge and contemplation of the parties as it is at this moment." Now 1 am free to simit that this does require explanation. It certainly does ae m very inconsistent on our part, that being aware that a law was passed to introduce wrought silks into Great Bri tain on the .;th July, I' s on payment of 30 per cent. du•y, that we should lay in a heavy stock of raw silk and enlarge our establishments, and nowcotnplain of the dread ful consequences to the trade of this legislative enactment, cilia h we knew would come into operation at the time staid. The charge is brought ktainst us with a great ap pearance of justice ; but a candid statement of the truth will show that it is one, in appearance, and not in reality, that we are to be blamed. When this law was passed, it was strongly maintained in Parlia.nent by those who brought it forward, that it would be extremely beneficial to the silk trade, and we ourselves, many of us, concurred in thirking that it would. The present Ministers we knew to be men of sitlightenttl views, and to have adopted more liberal principles of trade tl.an had ever before been acted upov. IVe had than made no inquiry into the state cf the 1 reign silk manufacture, nor into the price of labour in Fian:e , Switzerland, and elsewhere on the Continent; and so little was the superior excellence of their machinery, and the low wages of their workmen, known, or were sus pected, that, to my knowledge, eight silk manufacturers out of ten were of opinion that the tr a d e wou ld not suffer by ferign compeiith . in ; it was thought that though' is sortie 'vides we might be excelled, yet that upon the whole we had very little, if anything to fear from any ri valahip in our own market. Then again it must be recol lected that, in addition to this inducement to expend this addit'onal eapiial, as was done in Macclesfield, trade wu getting brisk in every department; money, which had been extrermly scam!, had got plentiful; and the silk trade, which, dealing in an article of luxury, hail for a long time been very slack, having felt the efects of she general depression, began at this time to revive; the demand for silks begame very active, and the supply required put the trade on the al rt. There was therefore, it will be seen, every encouragement for the manufacturers of Macclesfield to make the preparations they did. But when the mann tacturcrs bestirred themselves to make all those necessary inquiries as to the capacity of the French and Italian ma nufaelurers ta supply our market, and the price at which their silks could be brought in--an inquiry which till then had never I eon made, it was soon found that we had gone upon very !erroneous calculations; that instead of being able to compete ::ith them, as the majority of us had sup posed we could do, it was proved to demonstration that it MEI utterly impossible: and from that time, and in pro portion as this conviction gained ground, which it did very rigidly, the silk trade has stagnated. The mercers have . . . - ......... ...... declined to buy lest they id have l s lime an unsaleable stock i of British goods on hand. in consequence of the foreign importation ; the manufacturers have sopped giving out work to the weavers, and this state of things has produced all the distress which now prevails at Macclesfield, Con .. . ... vlcon, and throughout all the silk manufacturing districts in f:!tgland and Scotland ; but it is to the former place that 1 sore particularly apply flicse observations, which I hope 'lay find a place its your raper, I am, Sir, _ !NI acclemfield. A SILK ItIANUFACTURER. _ . We understand that Prince Sw•artsenburg, who has been in England a few months, left town on Thursday night Inc Vienna; be is the bearer of despatches to the Austrian Government. A letter from an American gentleman in Guayaquil, of August 4, states that nothing new had occurred there, but mentions as a novelty the arrival of a steam-vessel from England, which had created no small amazement among the natives, as they could not conceive how fire and water, by making steam, should propel a vessel faster than wind and nails. The writer remarks that the people, though poisessing good natural talents, are deficient in education ; but that they have so much shrewdness in trade that there it little chance for citizens from the United States. An event of a very melancholy nature is related in a ester received yesterday from Mexico, dated the voth of ieccoibtr. It states that a few days before, Mr. Ward, be lion. Mr. iValdegrave,.and Mr. Baring, had gone out a shooting excursion in the neighbourhood of Mexico, ..ma g which Mr. Baring's gun went off by accident, and Mr. Waldegrave on the spot.—Morainy Paper. woman of the department of Gent is accused of a Notr:ble crime, which the tniud can hardly conceive, rid 14 which the will be tried at the next assizes to 1 ).1.1 at Auch. Having kept up a criminal correspon 'l"e. notwithstanding she was married, she destroyed arsenic the infant which w as th e fruit of her illicit l'Ill 'Irs•--Puris Paper. ABSTRACT of the NET PRODUCE of the REVENUE January, NU, and the sth January, 11:28; aho' No. INCOME and CHARGE on the CONSOLIDATED FUN CATROLIC ASSOCIATION. Ills Grace the Duke of Norfolk has returned the follow ing answer to Mr. 011orman's letter, inviting him to take the Chair at the Meeting of the Roman Catholic Associa tion in Dublin, on the 10th insth.:— FORNHAN, DEC. 20, Ink. St a—l beg you will assure the Catholics of Ireland that I highly prize the honour they have conferred upon me. by inviting me to fill the Chair at the Meeting of the Catholic Association on the 10th of January- next. It is with unfei,red regret that I feel called upon to decline a station of such hi g h importance. Possess. ing no property, and being distinguished by no title, connecting me locally with Ireland, 1 should consider it a presumption to take a Chair which, in my opinion, would be more suitably filled by an Irish Catholic Nobleman of eminent private virtu and lorpried worth. The Irish Catholics will do me the justice to believe, that I take the most lively interest in their welfare, and appreciate as I ought to appreciate the value of the entire cordia/ity which subsists be tween them and the Fmglish Catholics, bound together as ice are by the same views, interests, and duties, by a common faith and common wrongs. The Irish Catholics will find me, in all seasons, the active prct. rooter of every measure calculated to relieve Ireland from the dia. gra-eful remnants ot' a partial code, which has so long oppressed and disligured that fair portion of the British empire, eamtleinned to sterility her fertile soil, and sunk in abject misery her active, hardy, and sagacious people. The injorious effects brought upon the whole community, by the unjust and impolitic coercion of a portion of it, are now clearly un. derstootl t. and I am fully convinced the day cannot be far distant when the Catholics of Ireland will enjoy the protection and happi. nest they deserve, under the mild administration of just and equal laws. To you, Sir, personally. and to Mr. Shell. I return my sincere thanks fur thethtteriog expression of your good opinion. I have the honour to be, Sir, Your faithful, obedient, and humble servant, NORFOLK. Nicholas Purcell O'Gorman, Es c% Secretary to the eatholics of Irelind. A report was circulated on Wedneaday morning in Paris, that larshal Suchet, Duke of Albufets, had died at Marseilles. A letter from Coethen states that the chain bridge of Nieuberg, which was lately broken in so unfortunare a manher during a rejoicing, was not constructed in the English mode, but after a plan and particular process, which left among other innovations a power of opening in the middle a trap for the passage of the masts of vessels. They say that there were upon the part which fell about 300 persons, 5‘2 of whom were killed, and a great number so much wounded that most of them have since died. On the Gth the Duke of Anhalt-Coethen, on his return from Paris, passed the bridge with the Princess his wife, which interrupted the works that were going on for the consolida tion of the structure; it having been previously discovered that it was a little weakened. The unfortunate architect, Berghauer, is guarded by two soldiers, and a judicial in quiry is going on with respect to this event.—Efoi le. The meeting at Sleaford on Monday last, to form an Association far the protection of British Agri. nit ire, was most respectably attended. The County M m lets, Sir William Ingilby and Mr. Chaplin. took part in the busi ness of the day, and were deservedly thanked for their de votion to the agricultural interest.—Lincoln Mercury. An interesting occurenee has just taken place at Saint Ives, in Cornwall. A French slave ship has been driven in by distress. She was fitted up with all the apparatus for the horrid traffic; chains, thumb-screws, &c. and had on board five slaves, youths who were kept, out of a cargo lately landed in the West Indies, to assist in the naviga tion of the vessel. The ship has been fitting up in France for another voyage to Africa, and was taking back these five slaves, who would probably have been sold with the next cargo. The arrival of the vessel under such circum stances excited considerable interest in the neighbourhood of Sr. Ives; anti route person sent information to Mr. Wil berforce and Mr. Stephen. Through them the Chief Jus tice Best has been applied to, and has issued a writ of habeas corpus, for bringing up the slaves to London. Some person expressed a wish to the French Captain to have one of the youths, but he said he-would not sell him under forty pounds! The vessel, too, it is understood, will be forfeltvd.—fr're , riig Paper. ear ended Quarters eaded Y y ear endcd .1; n 5, it Jan. 3, 1824. :1 Lth April, sth July, 10th Oct. 6th Jan. 1826. 1825. 1825. 11125. 1826. .1 X. C . X. X. C. 10.239.739 ' 1.277,215 3.935.641 5.278.453 3.709,943 15,194.254 25.113.283 • 1 5.575.448 4.249.11.45 5.154.850 4,544.470 19.524 621 6,753,096 .1 1,714,819 1,629,646 1,1123,519 1,636,249 8 , 99 7,233 4,922.1170' 477,396 2,035.463 474,423 2,062,846 4.990.138 1,444,1)00 387,000 369.000 379.000 382,000 1,517,000 340,571 1 1 1 80,669 20.926 76.379 112,581 350 . 573 48,812 759 ! '10,512,567 12,493,521 13,196,644 12,381,089 48,573,821 1.733,333 50,546.092 .16 512, 56 7 12,493,621 13,186.1 0 4 12,381, 069 148,573.821 47,525,260 ' 1 40,404,673 11,498,988 11.634,958 12,030,204 45,558,823 3,020,232 107,894 1,004,523 1,551 68 1 1 336,885 3. 014.998 50 .54 6 ,0991110.619,567 12.493,521 13,186,644112,381,069 48,873,821 No. 11. of GREAT BRITA wing the Increase and 'N, In the Years sad /mean an sash Head !tution ended the 6tl Iteseot: YEARS ENIICD JAI?. 5. ! Incrase. Decrease. QIARTERS "D•jAN. 6. Inereue. Demease. 1823. 11126 . 1825. 1826. • X X .0 .0 X .1; X X Coo4ome - . .. 10,231).739 15,191,234 4,954,515 I 2.814.841 3,702.943 808,102 Zsciss - - - 25.113.2113 19,4 . 2 1.1i21 -- - 3,5118.662 ; 6,840,503 4,544,470 -- - 2,096,093 Stamps - . - 6.753,096 6,487,23.3 244.137 1.636.032 1,836,249 217 Post 0 ffice .. . 1,444.000 1,517.900 73,000 366.000 38'2,000 16,000 Taxes - - - . 4.922.070 4,9!01,238 68,068 1,9811.048 2,002,846 14,798 Miscellaneous - - 310,571 330,373 10,002 i 125,371 119,581 . - - 12.990 -- 48,1112,732 48,573,819 5,349.722 5,388,662 ! 13,571,035 12,301,0119 919.117 2 , 1 010,003 — -- Deduct Increase - - - - 5,349,722 Deduct Increase - . . . 919.117 Decrease nn the Year - { L 238 940 Deere's , ' on the Quarter - . - 1,1112,266 _ ._ ______ I), in the Quarters ended the 6th of January, 1823`and 1828. Quarts. ended Jan. 5. I 1 Quarts. ended .an. 5. - • INCO3IS. 1825. 1826. I CHARGE. 1825. 1826. ___ l ....__ , .C_ .4; £ Customs - - - • Excise - . - - .. i 2 L. , 64 81 0 4 : 800 ,..63 3 4 _,.3. 44 52 4 _ : 0 4 . 7 38 0 I ,OE. eueht ever Aeuicies : - . 3.679 3,152 h S ea C ompany - 97,704 97.762 - S amps - - - - - 1,836,032 1.6;16.249 1 Rank on their Capital . - • 09,125 89.125 Post-Office - . - 366.000 382 . 1 " Dividends Taxes - - - - - 1,91111,048 2,0112,LW; . . . - 8,506,194 1 8,487,581 National Debt - - 1,211,800 ,232,000 31 iscidlaneous . - . . 125,571 112,:k81 - - Trustees for the Payment of Naval and . . . 13,571,014 ;12,030.204 C Military Pensions - - ivil List 212,500 212,600 Tontine Money, Ike. .. . 12,100 I 1:3,333 pensi on Chary* - - - 265,206 185.671 - - 89,549 92,369 s . - - - Cult to he brought to this Account from . the Ways and Means to replace the hke Other -- - sum issued out of the growing Produce 400 of the Consolidated Fund in Ireland, for 10,474.757 10, • - 080 ,900 for public Services, in the Quartet end- Surplus - - - 5.517,440 2,,81W ing 10th October - . . 408,683 439.321 13,992,197 12,480,1180 113,292,197 .12,480,880 Exchequer Bills issued for the Cone°. lidated Fund, at 10th Oct. 1835, and paid off out of the growing Produce of that Fund in the Quarter ended 6th Jan. 1826 . . - - - - 4,023,531 Surplus Sth .pan. 11126 - . - 2,000,880 Issued out of the Consolidated Fund, on account of the Supplies granted for the service of the year 1826 - - . 3,631,983 Total at sth Jan. 1826, to be provided for by art issue of Exchequer Bills -- charged on the growing Produce of the Consolidated Fund for the Quarter end ing 6th April, 182 d - . . . - 5,574,654 TRADE OF LIVERPOOL. The number of Vessels reported at the Liverpool Cuttonthouse for the last six months is live Thousand and Forty, to which add Two Hundred and Eighty that h ave gone o p to the Port of Rug. torn, via.— From FonJim Parts 1954 Ireland . 12.2 Tonnage 696,13.10 Sons. Coastwise . ..... 5040 To Runcorn Total ..... 0320 713,040 In 1824 3260 636,641 'acreage— GO Vessels. 7d,4311 COTTON. TOTAL IMPORT 4NI) RTOCR OF COTTON IN GREAT BRITAIN. TOTAL. IMPORT-1818. 686.000; 1819, 646.3115; 1820, 671,070; 1821, 491,376; 1822, 663,637 ; 1823, 670 , 408 ; 1 82 4, 539,059 bag*. STOCK-1817. 477.900; 1810. 29.9.616; 1819. 351.0001 1820; 406,209 ; Rl2l, 364,714 ; 1822, 286,376 ; 1023, 303.1130 bar. Liverpool . . . London . . . . Clyde, dm • . . IO2:. 705.357 bagi. 82,940 32,000 Total fm port 820,197 Stock, 31st Dec. 182 E . 233,3.50 EXPORTED. 1,0:4,817 From Lont!on . . 38.2g0 Liverpool - - 31 ,511 I Clyde - 1;30 --"-- 74,391 PRESENT STOCK. 9C1,156 London . - 97.020 Liverpool . 311.114)0 Clyde . 7,039 1 S,SW Leaving . . 668,11,7 bags for home consumption, equal about 10,870 bags weekly. LIVERPOOL, JAN. s.—Our Cotton market is steady; about 1,500 bags sold, principally to the trade, at similar prices to yesterday. Fitts AT Devoweorrr.—Saturday evening the neigh bourhood of Catherir.e.street. Devonport, was thrown into a state of the utmost alarm Py a fire, which broke out M that densely populated part of the town known by the name of the " Cribe." and which at the outset assumed a very serious aspect. The flames were first perceived bursting through the roof of one of the houses, which, with the roofs and tipper stories of the two ad. joining dwellings, were speedily in a blaze. The inhabitants of this district, who are almost exclusively of the lower order of society, were seen hurryinglo and fro, anxiously endeavouring to rescue their little property. One old man, a cripple, was obliged to be let down front the window of his chamber by the assistance of • rope and a ladder, his bodily infirmities not allowing him to seek safety himself. The town engine soon arrived. and being plentifully supplied with water. and aided by the activity of the firemen, with their hooks, the flames were got under without any loss of life baying occurred. A guard of 24 soldiers belonging to the 32d (or Cornwall Regiment) was in httendance, to prevent depredation. Great credit is due to the Commanding Officer of the 32d for allowing the instant attendance of the guard, and to the men themselves for their steady exertions to preserve good order. The cause of the fire has not transpires!....Plymounk Journal. The News of Literature and Fashion, Science, and Act, No. 113. being the First Number for the present year, or the first of the Fourth Volume of this Weekly Journal (which is just publish. .ed by Mr. E. I). Pouchee, INn. 7, Brydges-street, Covent.garden, and sold by all Booksellers and Newsmen), contains, among many other interesting articles :—I. Address to the Readers-2. The New Year —3. Political Reflections-4. Public Character of hard Hex. ley-5. Scottish Manners, by a celebrated Novelist-6. Art of Em balming discovered-7. New Patent Christmas Piece-8. Operas and Opera Singers-9. Poetry-10. The Townley Marbles, No. 411, with a Drawing-11. General Observations on Dress-12. The Art of Female Drew and the Influence of Fashion-13, at etropo . litan Architecture, No. 7, New Church at Brixton-14. News of the Drama-15. News of the Fine Arta-18. News of Literature__ 17. News of the Sciences-18. News of Professions and Arts.—le. Reviews of New Books. Unstatoped Edition or " The News of Literature and Fashion," for town circulation and transmission to the country in parcels, price lid. Stamped Edition, for transminion b poet, Out Is. THE BRITISH PRESS FVENUE. T. of OBI:AT BRITAIN, in the Years ended bth Jan, ingunliing the Quieten. 1823, and DIE It ABSTRACT of the NET PRODUCE of the REVENUF bth Jan. 1826, dis! Quarters ended 'irth April, Sth July, 111th Oct. hth Jan. 1821. 1824. 1 11124. 1825 i:. 1.187,451; 1.91 1 7.070 5.396.34i3 - 1061338 1 ,6 6 4,7116 1,691,34:8 3,240,2 n 7,113.10 1,759,1300 2.1114,841 6.640.563 1,636,032 613.382 1,918,672 481.968 1. 1.9118,048 354;,4100 347,1100 375,000 366.1100 64,4176 71,813 73,113 124.871 11,203,171 !11,989,480 13,010,050113,141,066 .i_ 1,733,333 j 11,93 6 ,507 :11,989,480 '13,049,030 !13,71.055 11,735,070 111,017,485 1 11,201,892 13,571,013 981 AR7 o7t MA 1 1117 !lAA /9 201,437 j 971.905 1,847.338 111.938,507 111,989.48 U ,13,019,050 113.571,055 Customs . . Excise . . . Stamps . Taxes, includ ing Arrears of Property Tax Post Office - - Miscellaneous Total Ordinary Revenue Repayment by Austria Total Revenue Applied asCon aohdated Fund To pay off Ex chequer Bills. and as part of the Ways and Means of the ]'ear . Total . . .1 AIIIGNA IRON AND COAL COMPANY. Yesterday a Meeting of the Shareholders in the Company who signed the last Requisitiuw. and of other Shareholders in the Com pany, took place at the King's Head Tavern, in the Poultry, in consequence of the folks:king notice : " AIDONA IRON AND COAL, COMPANY. CoPthall-coort, Throgmorton-street. " Sir—You arevequestsd to attend a :Resting of the Gentlemen who signed the last Requisition, and other Shareholders of this Company. at the King's Head Tavern, in the Poultry, London, on Friday the 6th of January, It one o'chlck, when a statement of the proceedings taken by the Requisitionists, tor the sum of 13.0001., and the opinions of Counsel on that and other matters relating to the interests of the Cnitlpsny, will be laid before the Meeting, and to consult as to arlopting further measures on those subjects, and on other special affairs. I am, Sir, your obedient Servant. " CHARLES CottEnronn." Mr. EASTIJOPE Will unanimously called to the Chair. Mr. HITCH] Ns briefly stated the object of the Meeting. It had, he said, been admitted at the last Meeting, when such extraordinary facts were stated, that the sum of 15,000/. the property of the Share holders, had been divided amongst the Directors. It was known that a ballot had been demanded of Sir W. ('ongreve upon the occasion, ■nti refused; and upon those two points it had been deemed necessary to take the opinion of Counsel. Proceedings had been instituted in Chancery for the recocery of the money : and so far as those proceedinga had gone they were extremely satis factory. One of the Directors had, he was happy to say, offered to pay back the sum of 1.047/. the share allotted to him, of the mil_ applied 15,090/. and lie believed that two others were disposed to act in a similar manner. It would be necessary to consider what steps were proper to he taken to effect the removal of certain of the Directors, who persevered in detaining the shares allotted so improperly to them, and who were proceeding to justify their con duct upon the occasion. _ . Mr. Comemeourt stated that, convinced as he was of the illegal termination of the Meeting alluded to, be hail written to Sir AVnit Conform, who had acted as Chairman, stating his opinion, and requesting that he woold grant a ballot. The reply was, that it was the opinion of Counsel that a ballot could not take plate: but the protest which was made upon the occasion had been wholly omitted. The next thing that occurred to him (Mr. Comerford) was, whether the 141,0001. which had been divided amongst the Di. recurs, - should be let) in their hands, or whether an attempt should be made to get it back ; and he accordingly took Counsel's opinion upon that question. Mr. Hart, of the Chancery Bar, in his opi nion, stated that the conduct of those who had acted as had been stated fa the case submitted to him, was grossly fraudulent, and that the Shareholders could compel the restitution of the 16,0001. in a Court of Equity. In consequence of this opinion, a bill had been prepared and put on the fife. This bill was. he thought it necessary to say, a specific one, and had no relation to the mike or its affairs, so that the apprehension that the Comonny was getting into Chancery was quite fallacious. Since the bill had been filed, he had, had a communication with General M'lean, who said, that immediately after the meeting he had resigned hie seat as a Director, and thnt he was willing to pay back the 1.0471. which he had received, if it were considered by the Share holders that he ought to do so. and if his name were not included amongst the defendants in the suit. Mr. Brogden and Mr. Bent were, he believed, disposed to act in a sandlot manner. Indeed, there existed no doubt of the intention of those Gentlemen to return the money they bad received, But from Sir Wm, Con. greve, or from any other of the Directors, he had received no cum. munication as to the repayment of the shares they had received of the property of the subscribers. He (Mr. Comerford) also took Counsel's opinion as to whether the abstraction of the 14,0061. was punishable as an offence, to which proposition it was distinctly stated that the original intention appeared, from all the eircom. stances, to be that of defrauding the Company of 15,00f1., and that certain of those named in the case might be Indicted fur a conspi racy. With respect to the application for a ballot, Counsel were of opinion that the refusal to grant it was a ',tailor the illegal termi nation of the meeting; that it was now imp. acticable to have one, and that application to the King's Bench for a ;mandamus upon the subject would be of no avail. The object of the present meeting was to determine whether another Special General Meeting , Should be called for the purpose of taking measures with respect to certain of the Directors and the Auditor, who had asserted that he consi dered the conduct of the Directors highly honourable throughout. The CIIAIII3IAN approved of the course of not naming any in dividuals, in speaking of the proceedings which it had been found necessary to adopt. He rejoiced that some of the Directors had evinced the jealousy so likely to be fek by a British General and Members of Parliament, with respect to their characters. It was, he admitted, unsatisfactory to know that others of the Directors had not pursued the course which had been adopted With aspect to those alluded to, but it was the duty of the Company to investigate . the matter fairly, preparatory to laying it before th 6 trib una l, i n which effectual justice would be rendered. At this moment Mr. Brogden (a Director of the Company, and Chairman of the Ways and Means of the Holies of Commons) en. tered the room. He declared that by some accident he had not re ceived notice before that moment, and he had hastened to attend it. Mr. Costeiteonn then briefly stated what had taken place in the room in his absence. Mr. Baceinex, who appeared to be extremely anxious upon the subject, said the question had been discussed between Alr. Bent. and him most fully, and it was their decided opinion, that they had not received one farthing of the 13,0001. which had been so impro. perry applied. Being Directors, and having receive' money from, in their opinion, a very different wince, and certainly for a very different purpose, they thought it would indeed look like guilt if they were to offer to make restitution. " Guilt (said Mr. Brogden) of which, so help me God, I am not in the most distant degree conscious." He had refused to sell his Shares at 20 per cent. when the premium was at that rate, and afterwards his Shares had been sold wholly without his concurrence, at a lower rata lie knew that blame attached somewhere, but he had determined to wait until he should have an opportunity of laying the matter before the Board, He SW convinced that not a farthing of the money he had received was taken from the 15,000/. of being deprived of which the Company had complained. But he was, notwithstand ing that conviction (and Mr. Bent had the same intention) willing to pay back the 10471. which be had received. (Cheery.) A Su AREHOLDER stated that he understood that an order had been sent to put the furnace out of blast. Mr. BROODEN begged to be allowed to give a history of his connexion with the Company. He had been very strongly urged by Sir William Congreve to belong to the Arigna Iron and Coal Company, and had frequently refused. Having, however, had, after the most pressing solicitations from Sir. William, a conver , laden with Mr. Cox, for whose opinion he had the highest pos. Bible respect, and who said, that "in the universal world he did not believe there was such a place as Arizona for iron," he was induced to retract his former determination. Mr. Cox had declared that it 1 wu actually a mountain of iron, that there was a quantity of the I firmest coke there, and that if he hod the management of it, he could make a return of 50,0001. to the Company before Christmas. After he (Mr. Brogden) had consented to be a Director, be heard that there were disputes between some of the Directors, but Sir W. Coagreve wrote word to him that those disputes would be soon arranged. lie afterwards was invited to attend a meeting, and he was told that he might have more shares if he pleased, and was persuaded to write to Mr. Clarke for 200 additional shares. To thin application he had received an answer, that he certainly could have 100 shares. lie therefore considered himself master of 200 shares on the whole. The shares rose to 20 per cent. premium. lie was asked to sell, but lie refused, as he considered the concern too promising to part with any. Mr. Bent afterwards told him that lan extraordinary thing had taken place; this was no other than that Mr. Clarke came round, and put 1,0474 before each Director. Ile expressed his surprise at this circumstance, but upon being as. sured that it was his property he put the money handed to hin, into his pocket. A Director then said, let its throw down the odd 471. a-piece into a hat, to purchase a piece of plate for Mr. Clarke. (A laugh.) Ile put down hii47l. rand he believed that it arose from the auk of shares. He considered that the shares of the Directors had been put together and sold for their benefit. " No;" said Mr. Bent, " the fact is, they have diddled us; they have sold our shares." This was a matter of great vexation to him (Mr. Bree den); and 3lr. Bent being determined (as we understood Mr. Brogilen) to have his shares back, repurchased them at 14/. pre mium. They agreed that such a transaction should be laid before the Board ; but they would not act precipitately. He (Mr. Bree den) then came into the city, called on Mr. Clarke, and said he believed he had 200 shares in the Company. " No," replied Mr. Clarke, " objections have been made to the conduct of Directors in other Companies, as to the sale of shares; but this is no managed that no blame cen attach."—" Very well," said he (Mr. Brogden), " I'll take the loool..and I'll lenve the 471. ;" thinking, sit help me Heaven ! that I was taking the profit to which I was entitled upon the sale of my shares," Some time afierwards. however, Mr. Bent met him in the House of Commons, and told him that the business was a bad one, that Mr. Clarke had only paid 10,0001. for the mine, and had divided the remaining Ie.ONI. amongst the Direc tors, and that it was said they (Sir. Brogden and Mr. Bent) had received a part. They resolved to have an inquiry into the trans action and endeavou'ed to assemble a General Meeting in vein. He h oped he was absolved from all participation in this transaction, for, as tore as there was a Cod in !leaven, he was not in the slighest degree implicated In it. (Loud cheers.) Mr. HITCNINS expressed himself fully satisfied at the enplane tion given by Mr. Brogden. He trusted that that gentleman, Sir. Bent, and Mr. Morgan, would be continued in the Direction, and he declared that ifs shade of suspicion had at all attached to any one of those Gentlemen, it was altogether removed. (Cheers.) He should not., he thought it necessary to say, were it not for Mr. Brogden and Mr. Bent, have been in possession of the information upon which he had founded his complaint and he believed that with the assistance of those gentlemen the concern would be made a highly profitable one. Mr. Bkoones said, he really believed that Sir Wm. Cengreve had been kept in the clerk with respect to the transaction of the 14,0001. _ A StuasEuotnen said, It ought to be left to the good sense of Slr William Congreve, whether he ought not to give up his share of the 13,000/. and to resign, as he appeared to be unfit, front ig norance, to superintend the affairs of the Company. He had ren dered himself a party by refusing the ballot. It was finally resolved that proceedings should be instituted in Chancery for the recovery of the 13,04A/L. the property of the Com pany ; and that a requisnion should be signed, to call a meeting for the purpose of removing certain of the Directors. A Committee was then appointed. with full power to exclude one of the names of those proposed to be removed, if it should seem Bt. _ _ The meeting then adjourned, It is eon6dently expected that the whole of W 615.000/. will be returned to the Company, without proceeding to any cutaway. KENTISH RAILWAY COMPANY. A special general meeting of the proprietors in this Complier sena held yertrniay, at the Albion Totem, Alderricate.rtreet, pue saint to public requisition, for porpore of receiving the teso::: Ma ballot tse e n on Sa , oriay. the 14th Detember. agreeably to resolution passed at a previous general m e eti n g. t h e o bje ct of which was to assertain the wise of the shreeltnitlent on the expediency o. empowering the Directors to entry a Dill into Parliament, for the farther prosecution of the immure originally con templatdd. Sir JAMES COCESE am, dart. one of thebitectota. ern called to the Chair. -..-... , • The CU 412)1AN, on opening the bbsiness of the meetirsit, re. gretted that Captain Barlow, the Secreuoy, was unavoidably de tained by enure riming busineas, in Maidstone ; however, with the approbation of the proprietors, 31r. Verveke, ode of the so licitors, would perforin the duties of Secretary. The chief cause of calling this meeting was, to submit the result of a ballot previously agreed upon, and he now begged here to state, tliat teat *l2ll shareholders who had voted, there appeared to be 113 in favour of taking the Bill before Parliament, and 108 against It. Now, though this was but a small majority, yet It was fair to infer that it gave a proportionate estime!e of the feeling entertained by the proprietary as to the prohi.hle success of the under. taking. From the favourable light in which railwar had latterly been viewed by Parliament, there was very little doubt that the Bill would pass. and that sanction haring once been obtained, it was certain that the shares, notwithstanding the depression of the money market, wou ld i ncrease i n value. He wall glad to mention that the vacant auditorship had been filled up by' the name of 3lr. Clarke, who had formerly held an opinion adverse so the measure, but who, front • strict investigation of the Cfitr;pany's affairs, Was now pleased to express his unqualified iiennbatiou of the hoe of conduct pursued by the Directors. The depressed value of the shares was attributable rather to remote than immediate causes; but, however. those of the Kentish Beltway Company were not at that deplorable ebb which some perilous heel imagined. Ile knew of one gentleman, who last week sold no lesX than sixty shares- A SHAREHOLDER—AI what price. Sir, may I ask P The CHAIRMAN replied, at the price which was asked for them. SII•REHOLDEN—That must have been very low Indeed. The CHAIRMAN said that it was • proof, nevertheless, that they , were worth something; but whatever some gentlemen might feel on the subject, he for one entertained tin doubt, when the thick, dense cloud which bad so long overshadowed the money-market had passed away, which he was glad to find was slimily to be ex pected, there would be no difficulty in obtaining sufficient funds to carry this measure into full effect. If, the .proprietors were of that opinion, be conceived the proper course to be adopted would be to enter into a resolution, by which the Directors w o uld be bound not . to proceed fur ther than merely calterig the Bill ' through Parliament, without the consent of the shareholders having been previously obtained. It was stated by.the solicitor*. at ttik last meeting, that the motley now in the baniter's hOpels would by sufficient fur that purpose; therefore no further all vroald be made until the Bill had passed. and • suggestion having been made by 31r. Clarke, that it would be well to pet timer gentlemen to guarantee that pledge by their siOnstures, • letter had both written to them by Mr. C. which they had since signed. Mr:CLARKE wished to explain that the reason why he had altered his opinion as to the expediency of going on with the company was tbat hawing attended th e ballet to which he weabifori adverse, and helps perfectly satisfied with the honourable nsannee in which it was conducted, together with the general of the accounts he had certainly thought himself bound to withdraw that opposition. finder this impression aloe. had be been LB dueed to accept the °trice of auditor, but he had math rather tile the gentleman who had been put in for it with hire, Mr. Henry Blain, had been elected. As the proprietors were pleased to confer that honinnable mark of their confidence upon him, the only re turn he could make was, In a sedulous and unremitting devotion to their interests. A Su/teen orn n —lf the proprietors at largo are net bound tit go beyond their present degrentif responsibility, whet" II Maims. , sty of requiring any pl e d ge f rom the solicitors ? The CRAIRAIAN replied, that. there certainly wean') uteal 1111- creaky. but it was making " assurance doubly sure." SnaaEnoselta-,Theri I am to understand that no proprietor is to lose more than the single Poland already advanced on she sharcs--11 that the fact ? The CHAIRMAN replied, certainly nothing beyond that; until the Bill be paced no further ca/Lie to be made. • Another SHARRHOLDKR observed, that although there was nothing more honourable than the manner in which the transfer of shares in this Company bad been conducted, still lie could not avoid saying, that he entertained strong doubts as to its ultimate success. It was the duty of every man who had a family, to ascer tain the extent to which he was going in a speculative conceit like this. Ile knew so much of these transactions—he had seen es InattY lamentable clam in the Tunnel and other Companies. th a t he had almost resolved to abandon every unticitaking of the kind. He would merely put one question 3 " Supposlog the Bill be passed, will the ahareholdera then be compelled to pay up on their shares, beyond the present deposit of IL ?" The CHAIRMAN replied, that after the Bill had gone through Parliament, the Directors would have no pewee to melte a furthet tall without the concurrence of the Proprkurs I suck HIS the in tention of the resolution tp which lie alluded Wore, A ditsaenostea—Will those who affix their mate to the petition incur any greater liability by doing so ? The CH•IRMAN said, u he was not a lawyer, he was not pre ' eared to give any specific answer on that point. Every holder of Scrip would, of course, have the privilege of signing. Sailreftnlnen—l am thainfiful for the intormetion, but I shall not avail myself of the permission. Another SHAREHOLDER—Nor I, I am sure. The CHAIRMAN said it .was of course optional with Staff gentleman to do so or not. The Directors, however, were hostel to call on them to do so ; but though they " call spirits fret!. the vasty deeti,'" yet will they Come? At the same time he begged to be understood, thsit although some might not sign, yet it was rot intended to debar them on that account from any advantage which might hereafter occur on the establishment of the Company (hear, hear, and applause), provided the filtUre calls, as might be , agreed on by the proprietors, were paid up. ' Mr. CLanxe then moved the fallowing Resolution :—" The'. after the Act for establishing the C.ynpany shall have been obtained, the Directors shall not be authorised to take any further proceed- Mr in execution of the measure without the settee of the Pro. pnetors having been taken thereon, cat a General Meeting to be called for that purpose." Mr. lVsnite, of Leadenhall-street, said, that before the Reso lution was put he begged to ask one or two questions. First-- What number of shares had been paid on ? CID( ailt•le—l think about 11.000, or perhaps 7,100. Mr. Warms—Have all the deposits been paid up ? CHAIRMAN—Yen, on the whole, except by one gentleman, Mr. Russell, and of his I cannot speak with certainty. Mr. OliAT—Mr.Russell's shares are paid on. Mr. Wanxe—l would wish to know whether the list hung up in the office of the CoMpany are all shareholders, and have paid tip their deposits ?. €IIA/RMAN—Yes. - Ale. Wattxx—flow long previous to the last meeting did the notice appear In the newspapers ? CEI•IIIXA27—A fortnight at least. A gentleman objected to this discussion, as bring irrelevant to the business Sir which the meeting had been convered. The Cnai await said that although it might be a little out of course, yet, as the proprietors were met, the directors were anxious to give every information in their power. (gear, hear.) Mr. Traatic then contended that as there was as very large a minority as U)8 out of 221 persons who had voted at the ballot, he thought that the Directors shouM have been ashamed to go on, when the tense of the Proprietary was so manifestly against the measure. The Chairman said the money in hands would enable the Directors !a take the Bill' into Parliament—he, for one, would much rather get it beck, and declared that whenever she drat sale was made, he would tile a bill against the blrettou. He had heard of the correctness of accounts, and the fairness of proceed ings, but he hid never been able to tee these accounts, though be had gone to the office at least fifty time/. IT 7,800 shirts had been paid on. what was become of the money ?' In what way was it expended ? He did not mean tb impugn taste rfirectms the did not mean to say that they had misapplied these ftmds, but thin there ought to be some accoutit of them laid before the Company. If there was but one shilllng now remaining out of the tweity, he should like to get it back rather than incur the risk of losing many more. He should, therefore, move as an amendMent, that the pre. vious question do not be pat. The ( . 11AIRMA:f said, that if the amendment was iteentded he should certainly put it to the vote; but at the same titre ns bentsia reaveto observe, that the Obvious effect of it would b* twgive the Directors a letter of license, either to go on with or to asish the. Company, as they thought proper, whilst the previous resolntio:_ would tie up their hands from acting without the cum:tame:A of the Shareholders at large. Mr. WaxtrE sac d, that was the very retools why he had moored) the amendment. He was anxious that the Directors shohld btr unfettered b' any tie, and that all that they did should be s.'net o•• their sole relionsibility ; the small majority they had obtaln:d fat a clear proaf that the public feeling was against the measure. Tne CHAIN MAN entertained a contrary opinion, and' felt tacit. tied that. if the votes of the whole had been taken, the malority would have increased in a much greater p'roportion.• llad those five voices been on the other side, vrotati the Directors be Aisle& in using anch an argument ? Sir Jolts SEWELL thought that the abject of • the reeohnion. wits mistaken ; if was Intended au checiron the•Direeteri—:it as! intended to prevent their going on without the concurrence of the amendment would hem n directly cooteaty effect. Mr. CLARNT regretted that (Mr. Aram* had not been present at the last meeting, as he would not have to complain 01 any want of information. However, as it vat then agreed to t.i a ballot, he thought it was Dow toe late serf:truer theirsteps. 'Bad the majority, though it were but one, been against the me{sure, then the Directors would be bound to abandon it ; u the voice, went the other way. they were bound to go on. Mr. WARN t said it dist not follow at matter of COWS., that because these persons who voted for the mensure thought proper thereby to expose themselves to loss, that he should put h:e Mask in his pocket to Lrovids them with funds beyond abet 1* lad& already paid. Ile vauld now gladly give up , fifty shares if the Directors would give Mtn 21i/. Sir Joint StwElit.w.lf I understand the matter rightly, no oeo will be bound beyond lie deposit airtsti paid. unless they plum A Bu.szEisoLnits---Certatoly got; aril I liet, tO observ e t ha t • this ballot is only an Xdditional confinhation of the lira voci, %s -alon of the last Meeting. Lieuterinnt.Colonel TuditEXl said that the giatlsaaan seeml4 tr! i e ,~~ 1 4 1' 1