The British Press; or, Morning Literary Advertiser. — London, England, 1826-10-05 00:00:00

NEW SOUTH WALES. We have received a regular file of the Sydne., Gazette, W May the 6th inclusive, froiu which the following are 40'101 : --- [From the Nsdney Gezale of May 6.1 As arrenerinente of a certain description have been made which gee strong r affect the vital intercom of this important Colony, we ea rnestly Cali the attention of our readers to the fact that the Act of Parlament, which regulates and prescribes the form by which Ibis menu , I„ now g overned, will expire in July next year. 'The sp. paeoingtherefore, it will be semi, is one that ought to be re. o no with no ordinary share of interest. On di la occasion pope tons ehould be made, wi•h the greatest promptitude to forward the views of the public t o the proper gunner, in orrice to counteract attempt . . if any are to be made, calculated to retard the advance ment of Australia. The elation has arrived when a eucce.sful re presentation may be made to his M o st Gr a cious Majesty. and to both Houses of Parliament, for a considerable, if not the full, ex tension of our privileges a. Englishmen, as we have ample reason to believe that. front the representations which have been already preferred in the proper quarter, it only requires the necessary me rmen. on the pert of the public, to obtain all that they mold rea sonably desire ; namely, Trial by Jury, and a House of Assembly. i The cordial a pprobation which these objects met with from fir ' Venues Mistime ought to cause a simultaneous motion for their attainment. The Colorists of Australia have already recommended themselves to the app robation of the p resent Administration, a° i 4 1 that they have nothing to apprehend in an upright. loyal, and du tiful representatioe to their wants. The last Meeting, which was held fin the consideration of these matter., was in every respect erediteble. The business was condom(' with the unused order and decorum. so much so that the Sheriff, who occupied the chair, eulogised the transactions of the day in the most handsome terms. Aitheugh it is not our present business to demonstrate the expe dience of a Howie of Assembly. haying advocated that measure, in Osman with every other the country needs, so repeatedly before, ye we ca nnot help remarking, that the menntr in whic h tha t Ueda's was conducted was a eufficieat proof of the entire mill i. Way of the people of Australia for so desirable an institution. The eloquence of the several %maker% on that memorable occasion, goir ewmpreheneive views and correct reasoning, was a faithful • / epitome of the talent which can, at tiny time, he brought into play ; sod we vie well satisfied that, •ith such aliiiities embodied in a ' BOW of Assembly, constituted by the ltepreeentatieee of the 'People, the happiest consequences might be expected, as well by ' fie Government as by the people. It remain., thetefore, for the • lathe to consider. whether they will relinquish the idea of the long ntitated House or Iteprewmativee, or, by set unaccountable and cri ' Waal indifference to their own interests, let the matter go to rest. Bet, for the honour of civil and religious liberty, we do not contem plate such infatuation as that an Institution of such vast import ) & nee, coupled with Trial by Jner—the pillar of the British ('onsti. tenon—Me best guarantee which it can Wrist for the liberty of the subject, and the safeguard even of the Throne—can be neglected by the active, loyal, and pitTilYie mind!, of our enlightened corn -- loony. It is their duty, then, not to let the moment slip in which they may effectually secure their own interests and those of the rising generation. Their application to the Sheriff* shottld be • immediate, to obtain his approval for convening a Mcctiog to take Intl censidetation the steps which should be adopted—a Committee should be formed of our moat able men—and an active Secretary chosen—otherwise no Petition will ever stand a chance of g etting, as a gentleman once observed , "to the foot of the Throne . ' Tile Colon.ets manor always ex ;met to be blessed with the vigilant and ronprehensive mind of his Excellently lieutenant-General Darling, to watch over, to secure, and to promote their hest interests, or they might, for aught we rated, sleep on with the most perfect in referee. IVe remind them, therefore, of the duties which they owe s the:melees and or posterity ; and, in doing so, we are well satis fied that we discharge our own. Advices reached town on Tuesday last of serious disturbances taking place in the neighbourhood of Argyle. which are said to have been originated by the aboriginal tribes in that quarter. Captain Bishop, of the II (Mae), with a detachment, set off at an early ' hour no Wolin...My morning. for the putpow of restoring man quality, and, if possible, to bring the offenders to justice. Mar 3. Yesterday, at noon, the Corporation for the Management of Chtoth and School Lands in this Colony was convened, pursuant to adjournment on a former day. The Patent was read ; a Corn. wii tee formed fee the despatch of public busmen; and a Secretary Ore believe Mr. Charles Cowper) appointed for the Institution. Thle is the first Corporation ever inetttuteli in this part of the wodd, and is another decided proof of our advancement in the scale of the most valuable colonies under the British Crown. Artist. 2fi. RANK OF AtaTRALIA.—We congratulate the public on the probability that this Institution will be in operation in three weeks at fertheet. A fleeting of the Proprietors was held at the Batik. Sodding', adjoining Mr. James Underwood** premises, on Thum. day evening. which hotted till midnight. Mr. 31aevitie, a very old Director and Proprietor in .ht* 01.1 Bank, is the Cashier. under the Orsigeation of 31anag;re Director, with • contemplated salary of Int. per annum. Theft Ho sing gentlemen constitute the Direction ; Votes. . Veto. Ellw. Wellstoneeraft - 283 George Brown - 278 Jolvn 31PArthur - - 282 W. J. Browne . . 278 Richard Jones - 282 I Hannibal M' Arthur 278 Thome, Seely - 2110 James Norton - 2711 1 John Oxley - - 2101, A. B. Spark - - 273 4 Thomas M'Vitie, Managing Director. We understand, from good authority, that it is in contemplation to form an Academy, or series of Schools, in Sydney. on the model re the High Schools or Amide nits for the general inetructien of youth In the principal towns in Scotland. The requisite buildings ate to he erected on the vacant ground extending from the Scots Church to the three unfinished foists belonging to Government, in CI eriette-place. Tim Claseinal department is to he conducted by i a Clergyman of the Scottish National Church. who has been for sone time Classical and Nlathenatical Tutor in a Theological In siltation of conademble note in the vicinity of London. and who had the honour of being introduced to his Excellency Lieutenant. lienend Darling. previous to leaving England. by the celebrated Mrs. Try, in the proeyect of hie settling in this Colony as an in. structor of youth. W e are also informed, that the Minister of the Suits Climb purposes to undertake the euperlntendence of the in. tended scralemy, until the arrival of properly qualified teachers. Raga or Nrw SOUTH WALES. —Yesterday morning. accord ine to appointment, a deputation of the Bank of New South Wales, down for that purpose at the last General Meeting of Proprietors, waited upon his Excellency Lieutenant-General Darling, the Go vernor-in-Chief, to solicit an extension of their Charter of Incorpo. ration (tom 300 to LIMO nniprietom. in consideration of the rapidly incoming preoperity of the town of Sydney, and from the present insufficiency of the Bark of New South Wales to Afford that degree of accommodation which the extensive commerce of the Colony so ummitly require. The Deputation consisted of the following gentlemen : John Piper, Dig. President; W. C. %Wentworth, Esq. and H. ('rattan Donglo.„ Esq., Direttors ; Samuel Terry, Esq., A. B. ietrlt, E.q., and 'l'. Horton James, Esq., Proprietors. Precisely at ten o'clock his Excellency entered the Audience ( camber. and the Detonation were introduced to his Excellency by t'se Aid-de-Camp in waiting, Lieutenant Condatnine, and were all • Ka-Moody received. • The Preaideet of thejlat k •lien opened the business of the De- [I iodation to his Excellency. and presented a copy of the present . Charter. granted by the Lite Gavermw Sir Thorwis Brisbane, torte:'. they with a written memorandum of that part of the deed in which it it specially pointed out, that It 'than be lawful for any succeed , 111:x1:over...or to enlarge the capital and inzrease the number of Proprietors of the Rank of New South Wales. at any time when t' , e circlimatances of the Colony require it, and apolication to that effect is Rade atb part of the flank. Ilia Excellency, who had eniently 4iven considarable attention to the subject, then asked the President if the competency of the Governor to grant a Chgrtet had ever arisen as a question to the parties concerted And that if, upon looking over the Charter, which lay on Cite table, no difficulty slispld occur. the Bank of New South Wales might depend upon rnellvinA ail the sawletanee is hti power, and a written answer ahould be returned an soon as fungible. The gprulemen of the Deputation then withdrew. This is much :thou the wigglier we anticipated ; and whilst it of. beds another illustration of his Exceli , nry's penetration, it also P:ows hie willingness to do the utmost to promote the best inter ns of :he Colony. APRIL 26. fierernment intends forthwith preparing the public roads am', Othipidated bridges in such a desirable and safe manner. as to ren- dee representations on this tubject unnecessary for years to come. The roads, 'tree s. and bridges, it is well known, have been al lotted to go for such a number of years unattended to , that it is het Merely an occasional road here, or a particular bridge there, that requires repair, but all the streets, roads, and bridges through but the Colony are in the same disastrous, anti we must say danger. surs, condition. The present Government, however, will not tuflir these things to continue so much longer ; only it should be bort e mind, that ever since the present Administration has been in 'L;elenee, we have experienced a succession of the most rainy and Loistemos weather. APRIL 8. Bills have lately been en scarce, in consequence of the British tubs,, money tent from England having rendered it unnecessary /or the Commissariat to draw on his Majesty's Treasury, that we nrkletatand a premium so high as 27 per cent. has lately been paid itti bins against Spanish dollars at Ls. each. The Briish silver victory, for which alone bills can be obtained, is in consequence in Mast request so much so, that a Spanish dollar. and an addition of per cent. premium, is currently given for da. 4d. in British silver money. Ills Excellency the finvernor, to meet in some degree the argent demand of the merchants for hills. has, we understand, with his accustomed consideration, ordered that the *Attics of the Civil ilepettments, for she last quarter, should he paid in Ilri•ish silver nireawr, ley which not only tile merchants will be entitled to obtain blliros the amount of at less , I.ooot. sterling, which they could rot otherwise have received, but the civil servants of the Colony sill obtain an advantage equal to from eight to nine per cent. on their salaries. The first *tree Ismp•pnst that we have ever had in Australia was last night lighted up in Marquarie-place. We hope dna in twelve months more the highly picturesque siturvion of the Au. siralian metropolis will be rendered mill more so by the pure and steady brilliancy of gas-lights. for supplying which our Co. lonial coal mines. and the circumjacent whale fisheries, will sup. to , y ample materials. We have received the Nteremborg Correspondent to the vath ult. Jt brings no news. GERMAN PAPERS. HAGUE, OCT. 1. A ecOrdilfg 10 a Decree of his Majesty, the pun of Cougar will be opened' on the ISt of January, 184, to the navigation ami com merce of all nations, without payment of import or export duties, and tonnage, the ships remaining only subject to such charges as the safety of the ship and cargo, and the excise or consummion. require. A Mt ettlIAN. OCT. 1. His Majeity set nut to-day for the Lou. We hope goon to be honoured with a visit from the Queen. lIAART.EDI. OCT. 2. Accounts from Batavia to the 17th of June infor m that the engagements with the rebels still continued. In the Jotirnal of the 7,h June it is said that the rebels, having manifested an intention of attaeking the position of our troops at Megiri. a atmog column, can?er Colonel Cnchius, was sent thither, on the 29th of May, front Djocjocarta, to oppose them, in conjunction with a column under the Pangerang Mangtm Negorn. Roth arrived in due time, and put the enemy to flight, who then took a strong position in Mere, where it was not thought advisable to attack them that day, be cause the Pangerang had expended his ammunition, and the en. lumn from Djocjocarta had made a long march. About the same time, another column, under Lieutenant-Colonel Gey, in conjunc tion with the Pangerang, attacked and dispersed the rebels, who had assembled in great numbers in the Kassa of liambang.Arong. The enemy had several killed, tome of whom appear by their dress to have been Chiefs. The next day. Lieutenant-Colonel (icy occu pied the Desna of Jarinnes, where lie was attacked by a hand of 4 or 500 rebels, who advanced regularly to the combat, in the (Images of priests, but were di.per•ed by the cavalry, leaving behind several killed, and the remainder flying in disorder. This column returned on the :10th of May to Djocjocarta, by way of Tempel. The greater part of the Residency of socracsrta was tranquil, and the sultan had sent another colts tnn of his troops to Kadin". which marched on the 213th of May from Magellan to Mionreli, which district was still quiet, Isotwahstanding the presence of the rebel,' on the fron. thee. Soon after., the Regent of Janata and 'turban arrived at Magellan, with 2,00 armed men and Coolies. These auxiliaries were expected to he very useful. We Learn from Groningen that the number of deaths, from the 21st to the 213th, was only 162, being thirteen fewer than in the week preceding. The number of sick, however, had not decreased, because the convalescent recover slowly, and easily experience re. lapses, even :hone who want lor n•tthing. It seems that medical assistance is now to be hail when required. GHENT, OCT. 1. The Mercury, a Journal published here, gives a particular ac count of the disasters at Ostend. The manner in which the Editor co eludes the article is remarkable. We copy it literally. " There are still three powder magazines at Ostend, and it is reported that people are at work every night in carrying this powder to Port Wellington, situated out of the town. In the infirmary thcrc are seven soldiers, whose lives are nearly despaired of. The last Journal of Ostend says, that one of these is dead. There are also fifteen others dreadfully burnt, whose lives will be saved, but who will probably reonein cripples. Shall we now sneak of the reports circulating in I /stead, of the little care taken in the powder magazines there, and the supposed causes of the explosion ? No. iVhat people any is incredible; yet—but let us rather wait for the result of the investigation trade on the spot. the King's attar. I ney and the Jugs' d' Instruction in the tribunal at Bruges haying I again been at Ostend for two days."— 011101 Papers, :14 t )ct. - - FROM THE MAINE, SEPT. 21. We learn that her Majesty the Ilnießger Qieen of IVorienitiorg, and her niter the reigning 14 , 41gravile of flew Homburg. have remitted eo.,siderahle aut o ' to Kneland for the relief of the *offering ihanufacturers.—Otrik Pipers. Sept. 28. FRANKFORT PAPERS. Frankfort Papers to the 28th ult. arrived yesterday. Under the date of R••rliu, Sep•ember 21, we find the Autumnal Reviews in that capital have attracted many strangers to witness diem. The " intellectual advance" made by the Prussian army, since the time of Frederick the Great, is rather ludicrously celebrated, and, at the same time, we are told that it has not retrograded in" what may be called mechanical excellence." From Elberfeld, September 23, it is stated that hereto fore strangers could not land in Mexico without permission from the capital, or a passport from one of the Mexican Consuls. To obviate the delay sometimes complained of, the Sub-director of the Rhenish West India Company announces that he is authorized to furnish passports to those who have occasion fur them. _ _ We extract from these papers the following article, which gives some interesting particulars of the rnjoicings on the birth-day of Prince George, the Duke of Cumberland's son, with an entertaining anecdote of royalty : lIILBURGIIAUSEN, SEPT. 23. A Tferditre eri (111th of Sept.>, when the birth-day of the non of the Duke of Cumberland, Prince George, was announced by the salutes of artillery, it was von evident that the ancient love of the citizens to their rineestt not to be dispelled by every report or gloomy apprehension.* IM i/he public market-place there were great rejoicings. AilifiNg thesPepsd was a travelling Bat arian mer. chant, who te!t himself inteteeled on the occasion, on account of his Queen, a Princess of Pliliarehausen. Observing a grntleman, who seemed to be peculiarly happy. he went up to him with two bumpers of wine, and. presenting one of them to him, said, ' To my Que-n." The stranger, smiling, took the glass and drank the meat with great pleasure. Soon after a servant in the Duke's livery brought to the merchant a basket, with some bottles of Champagne, tsYing. My master's compliments, arid, having before drank with you the health of your Queen. reveats you to drink in return the health of his daughter.' It was the Duke, father of the Queen of Bavaria." • This alludes to the reported political changes, in consequence of the partitions of the dominions of the late Duke of Saxe Gotha; respecting which, however, nothing official has been published. PASCO PERUVIAN MINING COMPANY. Yesterday a Meeting of the Directors and Shareholders took place at the City of London Tavern. Sir A LEXAN DER CREIGHTON in the Chair. The CHAIRMAN stated, that the Directors had deemed it their duty to account for the capital that was entrusted to their hands; the whole affairs of the Company were so fully stated in the Report that he deemed it superfluous to make any further remark, and re quested the Secretary to read the Report. The Secretary then read the Report, which stated that— The present Meeting has been called by the Directors for the purpose of acquaints: g the Proprietors with the steps which had been pursued, since Ole last Report, in conducting the affairs of the Company, and also to submit to their consideration the pre sent state and prospects of the concern. The Directors regret that they are yet without any reports from Mr. Heath, their Com missioner, relative to the progress of the Company's affairs in Peru, of a lair date than the 27tli of January, although they have re ceived other letters from Lima. dated as late as the 17th of May. They are swore that Mr. heath had suffered many weeks severe indispoaition during his voyage to Liina, and that his health in Peru has not allowel him to fulfil thine duties at the mine' which the Directors particularly contemplated when they engaged him ; but although this circumstance does net appear sufficient to account for his silence, the Directors hope that it will be satisfac torily explained by his letters when they are received from Lima. _Up on the arrival of the Company's establishment in Peru, it w a found necessary to hire a house, with warehowito,in Lima,to receive! tha stores and property of the Company, which were placed under the care of a storekeeper, and were to be conveyed to Pasco as they ahouh , be required there. The house is also used as the office in which ern principal business of the Company is conducted by their own immediate agents. As soon after the arrival of the' Tarty et Lima as mules could be procured. the men and part of the stores were forwarded to Pasco, and at a later period 'hey were followed by the Commissionei and the Assayers.- I'h.r. ir in a scarcity of mules at Lima when our party arrived there: but between 40 and 50 haO been subsequently imported from Chile, and had been employed in the conveyance of stores to the Cerro ; and the regular annual impertation of a considerable number was expected at Lima in June or July, which would pro vide the means of transporting such further .a pplies to the mines as might be required. Mr. Quirm, very sorffi after his arrival at Lima. p - oceeded to Pasco, and in his zeal for the welfare of the Cam an 7, and in the contemplation of the employment of a much larger p •rtion of its capital than in the present state of its finances lan be supplied, entered into several mining engagements. The Repo t rid n styes, that it had been thought necessary to drop some of the to nos. and that the propriety of adopting these engagements at a future time has been referred by the Directors to the Company'. agents on the spot ; but instructions have been sent out not to pro. cad with any of them at present, further than is absolutely neces sary to the protection of the rights and interests of the Company. The statemet,t of a valuation having been made, unaccompanied by the expression of any doubt relative to the identity of the pro perty that had been sallied, induced the Directors to conclude that the mines had been all discovered and fennel to agree with the or!. gittal inventory, and that the whole would, therefore, be delivered over to the Company. The arrangement, however, which the Directors thus contemplated, has been anticipated by a new con tract entered into by Mr. Wrote, Mr. Fletcher, and Mr. Hollond (the +attorney and representative of Mr. Cochran), on behalf of the Company. for a lease of fifteen years certain, at an annual rent of '45,000 dollars. and with an advance of 21)0,000 dollars, on account of this rent. The condition to advance 250,000 dollars is in direct violation of inetructiona sent out last year, not to advance more in the whole than 10,000 on purchases of miner or leases ; and even this PIM) was not to be laid out, unless it should become abeolstely necessary to the acquiAtion of one or more mines for the purpose el connecting or extending the works of the Company is poethodar directions. Under there circumstances the Directors hays, lay the advice of their Solicitor, declined to accept the bills drawn foe the 2.10.000 dollars, and have transmitted to Lima their protest against all the conneptenees of this unauthorized act of the parties to the new contract; and have directed that no further engagement of any kind shall be made for the Vivaa property on behalf of the Company, until further instructions shall be sent out by the Direetosif; which instructions must depend upon the ex. tent of the future disposable capital of the Company. They nevertheless instructed Mr. Heath, in order to avoid future disputes with the neighbouring misers, to have all the mines, as they might be delivered over, registered on a plan to be made of THE BRITISH PRESS. the ground ; and they also instruettd hits to require a perfectly Itgal title to accompany every part of the property. Before any answer could be received front Mr. heath to these instructions Mr. Cochran had arrived in London, and from him the Directors had received a ropy of a new inventory alit valuation of the pro perty, made in the month of September, 1825, by Commissioners specially atinnimell for that purpose by she Dovernment. This inventory differed materially from the engine! one, both in the number and situation of the mines, and in their valitation, which amounted only to about 442.000dollars,inetead of 1,01K1,0011, which had been represented as the tninlmttm value of the property, but iricorrectly, as it now appears, in conacirtence of Sir. Cochran hav ing beep misinformed on the sultject. Captain Hacking made the following communication In the ltirectorsl—" Plenty at the Cerro, and may be substituted for iron, for many of the purposes of melt ing ; the twee are thc black and grey varieties, and may be collected upon the surface of the ground in considelable quantities." Mr. Quires, in a letter dated the 2th If April, 1826, says, " I received communications yesterday from Rano, in which they state the progress of the actin. These, according to my regulations, re lative to the working, will advance admirably, without so much expense as that whit. t had been incurred up to the day on which I undertook their superintendence That of Condoreayan, in Colqui. gilts, is proceeding rapidly, and f hope in a short time to see the produce, of which I shall thrward you specimens." The Directors consider themselves Justified, by the preceding statements, in the favourable opinion they have expressed relative to the Rank and Adit concern. On the general affairs of the Company: Mr. Quires writes thus, under date of the 16th of May. 1016 t—" All the mining specula. none have, I understand, turned out untsvourably ; and so may that of Pasco. if there be not regularity and order among the Agents, Commissioners, do.; but in itself the spe c ulation . is the most certain and splendid of any in South America.. The Director., have lung since sent out instructions to reduce the expenditure of the Company to the lowest scale that a due protec. thin of its interests would allow; and they have repeated these in structions in several subsequent letterk in terms of increased urgency. lie shed read the balance sheet, by *hick it appeared that the sum received .on 10.000 shares artmantad to 113,8371. 10s. and 4911/. 184. 6tl. intere.t ; and that the expenditure amounted to 110.9111. :fa. 31.; leaving a balance in hand of 3.3341. 10a. 3d. The Report further stated. that a prevision for the payment of 22.7101. must be immediately made. And for this purpose, it will be necessary to call for a further instalment of 5/. per share, unless the whole of the third instalment should be immediately paid up, and then a c ill of 21. 104. p er s h are wou ld b e sufficient. t appears from the preceding account that the payments already made here, on account of money remitted to and advanced in Peru, amounts to ' . - £50,130 And among the present claims upon the Company there is a further sum, on the same account, of - 19,"10 Together - 69.340 To this may he added the 5,0001. advanced to 31r. Ro. bertson, on accounted the Vivas Contract, for which the Directors have given an order upon Mr. Robertson, payable in Lima . 5,000 Which will make the whole amount of the cash advanced in Peru . . . . £74,110 A sum which must have afforded the meting of making a con. siderable progress ia the operations there—and it may be added. as an important circumstance in relation to those un. devotion" that the Government duties have, as the Directors 4-e informed by Mr. Cochran, been lowered from ha to 0 per cent. since the date of the Government Lease of the Vitas property. The deficiency occasioned by the forfeited and other unpaid Shares amounts to . £ 3 5 ,297 10 0 .----- being the 2d instalment on 2216 forfeited Shares £11.076 0 0 3d 2216 - - 11.076 0 0 31 . 24291 unpaid - 12,147 10 0 .1:34.297 10 0 Notwithstanding. however, the forfeiture of 2,215 shares, the Directors are still of opinion that if the third instalment be paid on the remaining 7,785 shares, a further amount of 1 1. per share on that number, in addition to the three calls already ma Le. will, under the comparatively reduced scale of experditure which the Direciors have adopted in Peru, and under the view which Captain Hocking has taken of the cost of driving the adlts, be sufficient to carry for ward the undertakings of the Company to a very beneficial result. Before the Directors proceeded to declare the 2,215 shares forfeited on which the second instalment was sot paid, to which thee were repeatedly and strongly urged by several of the largest Share. hoiden', they submitted a case to 31r.Shadwell and Mr. Stephen, as to their power of pursuing that course ; and the opinion of those gentlemen, after a perusal of, and consultation upon, the deed of settlement, wan, that the Directors might either compel the pay. ment of the calls made upon the proprietors, or might declare their shares forfeited ; neither of which measures will, they trust, again become necessary. In consequence of the disinclination of many of them to supply their proportions of the requisite capital when called for, the Direvors have declin to take upon themselves any Ponalssi Ileawrieve liehakies. Vie es enema to pay the' salaries to the persons sent out to Peru 1 and it is from the instal ments that the means are tots sapplted for carrying the undertaking forward, for securing the property already embarked, and for ensuring those advantages which were contemplated at the forma tion of the Company, and may n le be considered to depend almost entirely on the Shareholders themselves. But if these instalments should be wit'Theld the undertaking must eventually rail; and even in this case the Shareholders might still be suhket to a further call, to satisfy the existing liabilities for salaries and other inci dental charges. The ihrectora do not hesitate, therefore, to ex press their firm and unanimous recommendation to the Proprietors to prosecute with activity an enterprise which is so far advanced, and which holds out so fair a prospect of affording an ample remu nerrion for the use of the capital invested, and an adequate security for its ultimate re-payment. A SHAREHOLDER moved that the Report should be read, re ceived. approved, printed, and distributed amongst the Shareholders. Carded. A StIAREIIOLDEn asked, whether any letters received from the Agents stated the reasons why Mr. Heath did not write? It was of importance to know all respecting that gentleman, who had not been heard of since January. The SECRETARY stated, that according to the Report he was seriously ill at Pima,. A SIIAREHOLDER said, that Mrs. Heath bad heard from him on the dth of May, and despatches were expected immediately from him. His Mince could not be accounted for. He was certainly a man of business. The SECRETARY said. that Mr. Heath's letters might have miscarried. Upon one occasion a letter of his did not reach until seven or eight months Ether it had been sent. Some conersation took place on the subject of the positive ne ce,sity of further advances of money before the working of the mines could be proceeded with; and k was declared, that unless • new call were made, or the former calls paid up, the project must be abandoned. . . ...... A. SualEutoLDEß—What will the sum required to go on with the mines be likely to be ? Ths payment of any more money may depend in a great measure on the answer to that question. The SCCRETARY said the sum required would be 77,850 f., and we understood him to add that nu more than that sum would ever be required. The motion was agreed to. Mr. Cu tater y observed that there was every probability of early success. Bars of precious metal iere expected in six months. (A slight laugh.) He moved " That this Meeting do fully concur with the Directors in the views they have taken relative to the con cerns of the Company, and do unanimously recommend their co.Proptietors to enable the Director*. by the most efficient sup port; to prosecute with vigour the undertakings in which they have engaged." The following Resolution was likewise adopted :—" That this Meeting do recommend to the Director to allow the defaulters 14 days' further time for paying the third instalment, and at the ex piration of that period to sue than or to forfeit their Share', art the Directors may deem expedient ; but it „is aloe the recommendation air this Meeting, that the Directal shoulttallow such additional time aa they may consider proper/114ft Proprietors who are de sirous of retaining their imamate in lam saneern, alul who will, within 14 days, give bills, or WNW securities, for the amount of their respective instalments." The Meeting then adjourned. twtsewsw•valtstmewswiew The following letter has hewn addressed to the Editor of the Consfitutionne/, by the Es•Kios of Sweden : " Worms, Sept. 24. " Sir—Three months ago I foswarled to the Editor of the Etolk the work of which mention is made in the following article: and not having received any notice Ur inform me that the work had been published, I think it my duty to state that I have fulfilled the engagement which I had entered Into t you will do me the favour by inserting, as soon as possible, this article, and sending the the number of your paper in which It appears. " Etoik of the 119th of April states, that after hav ing read tit. t Biography of COMempOrairins.' or Dictionary, his t Meal and rai tonne, nail those men who, since the French Hero lotion, have acquired celebrlty ‘ je., 1 proposed to write notesjor the purpose of correcting the faiths, errors, and calumnies with which the biography of Gustavus Adolphus IV. abounds, and I intended to publish them. 1 consequently sent, in the beginning of June, to the post-offiee of Yhttertour, in Switzerland, the said work, in manuscript, addressed to the office of the node journal, having the following for its title Parallel, in the form of Notes, critical and raitonne allowing the unpardonable Faults, the Errors of every kind, an d dm Calumnies with which the Bio graphy of Gustavus Adolphus IV. is composed, I know not the motives which have prevented the publication of this work, but I think that, if the liberty of the raw permits calumny, it will not be despotic enough to shut the mouth of truth. " COcortit. GurrAVVION." MITITT.ESEX HOSPITAL, OCT. 3, 1826.—Monthly Re . turn of Patients, 11roill the lot 10 the 30th September:— ln-pstients, admitted by laws • - 120 Ditto, accidents - 26 146 Out-patients, admitted by letters Ditto, accidents - • • • Dl -- 7e 220 - .. 376 VW - . In-patients discharged a . ge Rewaining in the Hospital - 177 • ST. PATRICK'S INSURANCE COMPANY. The adjourned Meeting of the Proprietors of this Coni pail, which was held on 3aturday last in Dublin, has been further adjourns d to Sattinley next, October the Ith, in consequence of the opinions submitted to Counsel not being ready. From this statement it should seem that the Share holders have still some hoped of getting out of the scrape, at least as to future and individual liabilities. Ooe thing is morally certain, that Counsel's opinion will not assist the thing an iota, for every body knows—and indeed it has been very lately gravely so asserted from the highest seat of law in this country—that legal opinions may be had favourable to any cause, inasmuch as that Opinion can only be given on the case as submitted by the parties interested in the re sult they seek. Perhaps, if' each party Were content to take the opinion obtained on their opponent's case, the matter would become a little nearer the truth. These unfortunate Shareholders may, however, take what opinions they please ; it is impossible they can shake off the responsibility with which they have clothed themselves under their. Act of Parliament, They may consult that fine animal, Daniel O'Connell, or any other of the lights of the law of the Four Courts: hut the law, as to be laid flown by the Judge—and the fact, to be decided by the Jury—wil . soon put the matter beyond dispute. How the Director§ may be able to satisfy the Shareholders as to the management of the business of this Company is a question of indeed serious import. The available means of the Company, according to the last showing, did not amount to above 11,0001., which sum is subject to 1000,000/. of risks, besides various averages and other outstanding known claims. Now mark the sequel! On the books of Lloyd's this very day, is the following letter from their (Lloyds) agent at Dontathadee : —" 30th September, 1826—Sir,—I beg to inform you that the ship on shore on the Copeland Island is the George, of London. John Duparcq, master, from An tigua to Belfast : part of her cargo will be saved if the weather becomes moderate, but the vessel, I fear, will be a total wreck." Now the Directors of the St. Patrick's Insurance Company have underwritten several thousand pounds upon this very ship and cargo, a soon at once nearly sufficient, if the weather did not moderate, to absorb nearly the whole of their balance in hand, leaving the losses that may occur upon the 1,000,000/. of risks, the averages, and other outstanding known claims, to be paid by those Shareholders whose individual funds.may prove of sufficient magnitude for the purpose. The unfortunate persons composing this Company have indeed a melancholy prospect before them; and this loss coming at the present juncture, will at leasthave theeffect ofopeningtheir eyes as to the management of their concerns, while its influence cannot be lost upon the public at large, at least upon that part of it which is interested in the prosperity of commerce, as in volved in the great question of Marine Insurance. If the George ha:l been insured at Lloyd's, the distribution of ' the loss among a variety of individuals would not have been felt; whereas, in falling upon a Company doing business greatly beyond its capital—as all Marine Insur ance Compa&ts have been doing—is of itself sufficient, if no other cause existed, nearly to effect its ruin. What proof can be more striking of the necessity that exists for Marine Insurance being intrusted to individual capitalists? One fact, offering so decided an example as this, is worth a thousand supposititious cases. One word further in sup port of this opinion :—A merchant insures his ship or cargo with individuals: in the event of a loss or average, he may perhaps accidentally meet with one or two captious names upon his policy who are disposed for litigation, while from all the rest he gets his money immediately. In the case of insuring with a Company, one such objection has the effect of staying the whole amount of his insurance until it is removed. Z. ORIGIN OF THE BUBBLE MANIA. TO THE EDITOR OF THE BRITISH PRESS. Sin,—" People who have glass windows should not throw stones,' says the old proverb. The Editor of the Times should have thought of this before he charged Mr. Barber Beaumont with being connected with " the thottaasmi-and-liftioth Mining Association." The. Editor never made a worse hit. Mr. Barber Beaumont has not only proved that he never had any connexion with any Mining Association, but that he had not trafficked in the shares of any of the modern Companies. He rated that he was well aware of the pernicious objects and conse quences of most of them, and had opposed and exposed them as well as he was able. But he did more : by a sim ple reference to facts and dates, without comment, he de veloped the primly: mobile of all the late delusions. By these it appears clearly that the Editorial paragraphs of the 7'imrs for the Alliance Insurance Company were the first exciting cause. The Editor in this day's Times says, " We have merely to say that every one of the three charges which he prefers is utterly without foundation," and then he sets forth three charges which nobody did prefer. Nobody said that Mr. Carden conducted the Times, but that he was the principal proprietor. It was not asserted that the Burying-ground Company graced the columns of the Times; nor was it said that the price of the Alliance Shares was inserted in the 7'imes in a way different from the notification of all other stocks, &c., but that the price was incorporated with those of the public stocks in a way that had never been done for any insurance-office before or since. (See the report in the Times.) The Editor may call the " imputations grossly, and, we must think, wilfully incorrect," but a reference to the Public Stock Lists for 1425 will show who is incorrect better than the free use of epithets. I may say the same thing by the Editorial ar ticles in question : he says, they contained a " mere naked description of public and notorious proceedings." Are such lines as the following mere naked description, or are they powerful excitements?—" This new Company will extend its operations gradually over the whole of Europe." " Tenders of capital to an almost unlimited amount were received." These were the avant-couriers of this Belle Alliance. In a fortnight after was announced the actual presence of " the new Insurance Company," of which he says, " The shares are already at a premium of 101., and numerous orders have been received from the Continent, particularly from Germany." Think of that " already !" What must they be before the numerous orders from the Continent could he satisfied ? But the grand excitement was produced on March IS. Then it was declared, " The magnitude of the undertaking separates it widely from any similar one which has before existed, and gives to the project a certain degree of public importance ;" that the Directors " are selected from the principal mercantile and banking Arras ju the city ;". that Is will be " extended over the whole of Europe ;" and then how cheap . ! only " a deposit of 101. a share," and " in all probability no other demand will be made." Now comes the master-stroke. " Five per cent. on the profits is " to be laid out in the pur chase or redemption of shares, provided they can be purchased or redeemed at or below a premium of 901. a share !!!" that is, below a premium of out. on 101. paid—a question of doubt therefore whether they could be re-purchased at so low a price ! Here was an enchanting prospect. They bore 101. pre mium the day the subscription was opened. In a week or two this premium was raised to 201. happy was the man who could buy these shares at only 201. premium, and thrice happy he who had subscribed in time to receive them without premium at all. Both parties were pleased. The man who had put down his name for 100 shares was pleased to find that the 1000/. he hail undertaken to pay produced him 3,0001. in cash, without any actual advance on his part ; and the man who had paid 3,0001. hugged himself on getting possession of a stock which was to be redeemed at 100/. for la, and therefore would give him 10,0001. for 3,0001. The only sorrowful were those who neglected the golden opportunity of subscribing or bu y ing in time—a negligence which they repaired by their avidity in subscribing to the numerous schemes which were ra pidly constructed to gratify their desire. The excitement was electric. It is an undoubted fact that it began with the Alliance Company; and his evident that the manner in which it was brought out in the Times, and the im plied return of 100/. for 101., and the daily exhibit of the premium on these shares in the price-lists of the public funds produced it. " The Shareholding public" have the facts be4'ore them, and they will judge to whom they are indebted for their losses; they will also consider whether the Times had not better have " shown up" some of their ftiends, who have made princely fortunes by the bubble mania, than have misrepresented a Gentleman who has kept aloof from such unholy sins.—l am, &c. , Oct. 4,1816. FILMS ACHATES. NE,FMARERT FIRST OCTOBER MEETING; Newm.tasev, Ti:Esnst NtoaliT. The Course Wei Well attended by the nobility, but of general company there was little; indeed the weather was se excessively hot (particularly yesterday), votwithstautt• ing the Heath is so extensive and airy, that many reftalussi I from attending on that account. We noticed The [Puke of Grafton, Mike of Portland, Al.arrOis of berry, Marques or Bader. Marquis of Titchfield, ga.tatio si rt Earl or Chesterfield, Earl of Jersey, Viscount L , then, Viscroune Anson, Viscount ainwich, Lard I. Futuor, Loyd G. Bentinek t Sir John Shelley, Hon. Colonel Anion, Hoe. T. Dunedmbe, Ga. neral Grosvenor. Sir J. Byng: Colonels Uth f, ..nd Synge; Mew, Oreallle, Scott, Hamsbottoni, Mills, Thornhill, Batson, Wyndham, ikc. Pheasant shooting commenced yesterday, to which we attribute the tron-littendanCe of many of our regular vizi tt.rs. The Jockey Club dinner was well attended, there being, present about twenty members, including his Grace she Duke of Portland, Earl of Jersey, Marquis of QueensbeM, Lard Lowther, Lord John Fitzroy, &c. Mr. Canvas had a dinner party, consisting of the Duke of Grafton, NZ John Shelley, and a select few. Lord Anson had also a dinner party. Very little has been done upon the !bakes of next year, several of the influential betting gentlemen declining to begin their books till after the present or the next Meeting. when the accotiritS for the Doncaster St. Leger will be brought to a dose. Nothing unpleasant has transphed. respecting them. A match is made for Thursday between Mr. Petfit's Vivian Grey (carrying fist. /Ib.) and Mt. Orevitle's f. by Whalebone (carrying Bst. 41b.), for GO sows. each, to rata the T.Y.C. The following is the conclusion of to-day's sport, Wbiabl was rather indifferent : Match, 100. T. V. C. Bst. 41b. each. Mr. Wyndham's f. by Whalebone. dam by Teddy Col. Synge's c. Number Nip, by Whalebone Betting, 5 to 4 (MI Mr. ii'yndham's. This match claimed but little notice, end nn bets of etewelluteete were made upon it. The winner took the lead, made her owe Pere ning, anti woo easy by half a length. She was rode by Asaidle and Number Nip by Conolly. Sweepstakes of 100 vies. each. h. ft.; colts Bst. 71b,; fillies lst. 41k. 'l'. Y. C. General Grosvenor's ch. f. Spite, by Tiresiat 1 Duke of Gratton's be. c. Danon. by Amwlls Sir J. Shelley's I Scornful. by Wuful pa Mr. Howell's 1. by Grey Walton P 4 Betting, 3 to 1 on Spite. This race excited considerable interest, both homes being known as detennined rogues, particularly Spite; the good opinion, how.. ever, entertained of Sam Day's jockeyship, induced a great many to back her largely at the above-quoted odds. They started well together, but no sooner were they gone than they began to sides and Pgere in ; in this w a y they trent the ground, t ill neat= cords, when Spite made ',strong attempt to bolt out of the Course., by which she lost ground considerably, and had it not been for the intrepidity of Sam Day, and the severe punishment he admiuis. tered at the moment, the race would have been irretrievably lost to him ; his promptitude and skill, howevei, brou g ht h er u p, sa d getting well laid in, he won the race in a surprisingly clever man. ner by two lengths. Buckle rode Daemon. Match, 200, h. ft. D. M. Duke of Rutland's Adeliza. Bu. !alb. Lore Anson's Noureddin, 7st. llb. Betting, 2 to 1 on Adeliza. Lord Anson'a made the first running, and kept it to the cords, when Adeliza came out, passed him, and won the match easy by a length and a half; rode by Robinson, Noureddin by yaw l ; Buckle. Fifty Gainey', free for any horse, &c. ; 4 yrs carrying ist. lib. $ b yrs, fiat. 510.; 6 yrs, tist. 111 b.; and aged, list. B. C.l four intim Mr. Wyndham's b. e. Chateaux Margstrx—Addy, 4 yes - 1 Duke of Portland's be. c. Mortgage, 4 yrs Mr. Petigrave's ch. g. Quiz, 6 yrs er. Mr. Pevtit's be. f. RigMarole, 4 yrs Betting-7 to 4on Mortgage. This was the only good race of the day. Mortgage came off Lad made steady running to the bushes, when Chateaux Margaux got up to him, and round the land* it was 10 to I that Chateaux Ilar. gnu* would win in a canter; but at the Duke's Stand the appear awe of the contest changed a little; Mortgage kept straggling Mad, and, gaining ground, got up within two lengths of Chateaux Mar gaux, keeping so until they we e e . within about twenty yawl/ at 'Mime, viten brlet loose iihdYnaga gland push for the Plata, bus could not bead his opponent, who beat him the four miles by a neelt only—the winner rode by young Buckle, and :Mortgage by Conolly. THE APPOINTMENTS FOR TO-MORROW. Sweepstake* of 15 was. each, for 3yr ads. T. Y. G. Duke of firatton'se. by Woful—Nectrir General Orosvenor's Palfrey Mr. Ramsbot:om's 'Waterman Mr. Greville's Fawn Mr. Rogers's Pasta Mr. Batson's f. by Whalebone Mr. Dilly's Wamba Mr. Thornhill's Morel filly The St. Leger Stakes, of 25 sort. each. D. I. Mr. Mills's Panic Lord Jersey's b. e. by Phantom—Blunder's dam Duke of Portland's e. by Octavius Duke of Grafton's b. c. Bolivar, by Comus b. c. Saracen, by Selim ch. c. Norman, by Abjer ch. 1. Problem, by Merlin - Goshawk --- Paul Jones Lrod Tavistock's Leeway, by Aladdin Mr. Rogers's Monarch, by Comos br. c. Jocko, by Ftlho Lord Stradbrooke's br. c. Tollord-Trouble -Mr. Pettit's b. c. The Baron (late Baron 51unchauses) Lord O. Cavendi.di's b. e. by Allegro—Pagoda Mr. Rush's Carthago, by Pioneer Mr. Wilson's b. c. by Filho, d. by Camillus Mr. Wyndham's b. f. Sister to Pinwire. WEDNESDAY AFTERNOON. The weather since our last has changed from excessive heat to the other extreme, and those who have once en countered a cold or windy day on Newmarket-heath will not easily forget it. The atmosphere hi gloomy, and ap. pears to promise rain. Lord Clinton has arrived, as also have several foreigners of distinction. The betting before the Rooms this morning has been rather brisk en some of the Derby Horses, Tattler going back, and one of Mr. Wyndham s, as might have beets expected, has taken his place. We can only quote the ful• lowing:— Die REY. 29 to 1 agst Mr. Wyndham's Brother to Elfrid 25 to I *gat Cressida (taken) • 25 to 1 apt Tattler (taken) OARS. 10 to 1 °lathe Field. IT. 1.140214 . alteratico. The ilav's running came off thus:-- Sweepstake - a of lb rev. each, for 3 yr-olds, ast. 71b. and Mlles Sat. 41b. T.Y.C. The winner to be sold for NO. Ike. Mr. Greville's Fawn - I Mr. Botson's 1. by Whalebone - 2 Mr. Rogers's Pasta - 3 Duke of Grafton'. c. by Woful General Grosvenor 's Palfrey . Mr. Ram.bottom's Waterman Mr. Dilly's Wamha Mr. Thornhill's f. by Merlin—Morel Won by a length easy. The St. Leger States of 215 sort!. each foe 3 yr-olds colts, Bat. 71b. fillies fist. 41b. D. I. Mr. Rogers's Monarch . • Lord Tavistock's Leeway - - . • Duke of Graflon's Goshawk 3 Duke of Grafton's Problem . . a 51r. Rush's Carthago - Mr. Wyndham's Sister to Pinwire . - • After six false starts the race was beautifully contested, and aided a dead best between Monarch and Leeway. Lord Tavistock and Mr. Rogers then compromised, and Monarch walked over, as • matter of form. . i . o I TIIE PADDINGTON STAGFII.—On Tuesday a hies'. mg of the Proprietors of the Paddington Stages was held at the Yorkshire Stingo, for the purpose of making some arrangement to prevent furious driving, &c. The Meeting was numerously attended. Several Resolutions were adopted, the substance of which was, that the coach:acts should be forbidden to drive their horses at a furious rate ; that the coaches should proceed to and from the City with. out stopping or turning round ; and that some officers should be appointed, and stationed on the road, to informs against those coachmen who disobeyed the rules and Terla istions, and who should give information when the ends misconducted themselves. The plan was submitted to lb* Magistrates of the Mary-le-bone (lice, who approved alp .* The officers who are now placed on the road were ateestia • in, and presented with staves and hata,dailstte mi a o wed with a cockade and gold lace. -11111;4;