The Sun. — London, England, 1842-12-22 00:00:00

tbirD UOittOri THE FUNDS-(CI BRITISH USING PRICES.) FUNDS. Bank Stock 3 per Cent. Bed. .. ...... 94i Ditto Bonds ....... 44 pm 3 per Cent .. Be d. Ditto Old Annuities - 3. 1 1 per Cent. Red.........101a Ditto New Annuities New 3i per Cent......... Ex. Bills, 1,000/....24 51 Dm Nect 5 per Cen' — Ditto 500/ 51 pm Long Annuities to expire . Ditto Small 5l pm Jan. 1860 ......... 12a Bank Stock for Acct. Oct. 1859 Jan. 1860 — Consols for Opg. ...... 931 FOREIGN FUNDS. Austrian, 5 per cent Portuguese, 5 per cent. Belgian, 5 r cent — ;Ditto, New Ditto — Brazilian B onds... 69} ;Prussian, 5 per dent. ~ — Buenos Ayres 6 per cent. 24 Russian, 5 pei cent — Chilian, 6 per cent. — Ditto, Metallic ..... .. Colombian, fl per cent... Spanish, 5 per cent.. — , Ditto 1824 2li Ditto, Deferred.... . 10i Cuba Bonds , 6 per cent BOA French, 5 per cent. —f. —e. Danish, 3 per tent 34 Exchange Greek, 1825, 5 per cent. French, 3 per cent —f. —c. Mexican, 5 per cent..... 31i Dutch, 2} per cent. ...... 3 - 2; Ditto, 6 per cent. 1837 'Ditto, 5 per cent. .. ... 100} ?env/4141825,6 per ct. SHARES. Eastern Counties (23 paid) Ditto New (—paid) lO3. . - Edinburgh and Glasgow (50 paid) ... Great Western, (65 paid) Ditto New Shares (50 paid) 6-1 i London arid Birmingham (90) Ditto Thirds (32 paid) London and South Western (4116 s 10d pd) 61i Midland Counties Railway (100 paid) Northern and Eastern (45 paid) Ditto Scrip ( 5 paid) 9i South Eastern and Dover (50 paid)... - 21i Ditto Scrip (20 naid) York and North .Midland (50 paid) ....-- 93 ROLLS' COURT.-(THIS DAY.) IN RE LORD lIUNTINGTOWER. Mr. ROMILLI applied to the Court on behalf of the official assignees appointed under the fiat of bank ruptcy in this case, that they might be allowed a month longer to consider whether they should file a supplemental bill in the cause or not. On the 19th of November last an application had been made to the Court to have the bill dismissed without costs, unless the assignees should file a sup pleinen tal bill before a specified time. His Lordship had on that occasion allowed a month, which was now expired, and this being the first Seal day after the expiry of that time, and the assignees finding it necessary that they should have the evidence of certain persons mentioned in the pleadings before they should be able to determine on whether they should file the supplemental bill or not; they prayed the Court to allow them a month longer for the pur pose of obtaining that evidence. Mr. Bevon opposed the application, and in support of his view of the case relied on the order of the 19th of „November referred to, which directed that the assignees should file a new bill of revival within a month, or the bill should stand dismissed without costs. Lord LANGDALE said that it was a matter of very little importance in this case, as no pleadings had ever been put in except one demurrer, and that had never been argued. With respect to the time which had been allowed by the order of November 12th last, it was a month, and the suffering of that period to expire without any application being made by the assignees showed great neglect. If they were desirous of pro curing the indulgence sought for, they ought to have so given notice of motion as to enable them to move before the time specified had expired. It ought also to have been shown whether the evidence of the wit nesses referred to was material or not. Under all the circumstances his Lordship thought he must refuse the motion. QUEEN'S BENCH.—(THIS DAY.) (Continued from our Afternoon Edition.) LIBEL.—JUFF RAY V. COOPER AND OTHERS. This was an action brought by the plaintiff against the defendants, the Directors of the London and County Joint Stock Bank, for the publication of a libel, reflecting on the character of the plaintiff. Mr. Thesiger "and Mr. Martin. conducted the case for the plaintiff, and Mr. Jarvis and Mr. Hog-gins for the defendant. Mr. MARTIN having opened the pleadings, Mr. MESMER stated the case to the Jury. The plaintiff, Mr. Juffray, was a gentleman well known in the City, who had been at one time one of the managers of the London and County Joint Stock Bank. At the latter end of 1839, in consequence of his dis satisfaction with the course of management adopted, he resigned his situation. Shortly afterwards, Mr. Sturf, who had been the manager of the branch of the bank established at Gravesend, also resigned his situatir, and published several pamphlets reflecting on the Directors, and communicating to the world various matters with which he could only have become acquainted in consequei of, his employment in the bank. Mr. J4 i rAy . :. had' not been aware of Sturt's intention he was applild to by Sturt's publisher .. , ithe l 'oulaject, wheillte expressed his disapprobation of the p!an,, and endeavoured to persuade Mr. Effingham liiison to have nothing to do with it. The pamphlets. how ever, were published, and the Directors published a pamphlet in answer to Sturt's pamphlet, in which they accused Mr. Juffray of having acted in conjunc tion with Sturt in the publication of the pamphlet, and of having been actuated by a desire to injure the bank. In another part it was imputed that the object of theget ters up of the pamphlet could only be to extort money. Under these circumstances Mr. Juffray felt that he was bound to adopt some means for vindicating his character from these unfounded imputations, and he had accordingly brought this action, in order to give the defendants an opportunity of justifying what they had stated, if it were in their power to do so. They had not, however, thought proper to put any justifica tion "on "the record, and it was for the Jury to say to what damages Mr. Juffray was entitled for this attack upon his character. Lord DEX MAN—There is another question on which you have not touched. Mr. THESIGER—Are your inuendoes made out ? Mr. JERVIS—The last one is not, my Lord, cer tainly, and that is the only one containing anything that can be called libellous. A witness, who had been a shareholder in the bank, was called to prove the publication, and he was cross examined by Mr. Jervis, for the purpose of showing that the Directors had frequently offered to withdraw the imputations on Mr. Juffray. Lord l DENMAN—It i s no t too l ate to d o t h a t now. I r. Jervis —The Chairman was informed in the morning of the meeting of the Bank Proprietors that Mr. Juffray was connected with the publication of the pamphlets alluded to, and had so informed the meeting. He had afterwards ascertained that such was not the fact, and had always said that he was willing to state that Mr. Juffray had had nothing to do with the publication of the scandalous pamphlets. Notwithstanding, the failure of the making out the inuendo to which his Lordship had alluded, and he begged to state that a portion of the pamphlet had been written before the chairman had heard anything about Mr. Juffray's supposed connexion with the publications alluded to ; yet the defendants felt that Mr. Juffray had a right to this public explanation, and therefore they would consent to a verdict being recorded against them. Lord DENMAN—That ought to be perfectly satis factory. Mr. THENGEE—As this action has been brought solely for the vindication of character, this explana tion ought to he most satisfactory to Mr. Juffray, and I shall advise him at once to accept the offer. The Jury then returned a verdict for the plaintiff— Damages 40s. COMMON PLEAS.-(THIS DAY.) MARSHALL r. BOTCHINGLY. Tkits was an action upon a contract for the supply of coals. The case occupied the Court and Special Jury the greater part of the day, but contained no matter of interest but to the parties concerned. The Jury returned a verdict for the plaintiff—Damages, 1,860 L TV° other causes entirely destitute of interest to the 'public were also disposed of. SVIRIT of the PUBLIC JOURNALS. FROM THE EVENING PAPERS OF THIS DAY. GLOBB.—We owe a sort of apology to those of our readers who take interest in the Scottish Non- Intrusion question, for having deferred our notice of the last documents published by the Convocation of ministers at Edinburgh. We are glad to find in these documents the full and unequivocal recognition of the right of the State to dictate the terms on 'which it will patronise religious establishments ; and on the duty of the clergy to give, at least, passive obedience to the civil power. Passive obedience is that which must always be due from the members of religious societies to the Government ; for religion authorises no active resistance in its cause to " the powers that be," though it may authorise the withholdi ng o f ac ti ve bedience to the measures of that power. The mistake which is sometimes made with re gard to the nature of religious rights, is owing to the fact that Government have often, on religious pretexts, invaded civil rights. Such invasions the members of religious societies haven unquestionable right to re slst--:-but merely as citizens—not as members of so cieties claiming divin e origin. The truest test of that origin is non-resistance sion—a even to secular oppres fortiori, non-resistance tp,-:mere refusal of politico -religious pri eges, To lose sight of this diatinction w l . of ' spiritual tyrann to threaten the revival Y. For what is spiritual tyranpy ? It is spiritual power, wielding secular weapons. The moment a body of men, irr•• the name of Him whose ':kingdom is not of this world,, attempt to overbear the legislation, or law of this world, 'and call 4on the State to support them, or take their pout, or tolerate them in doing this—that moment,. they attempt to exer cise spiritual tyranny. They attempt to en force their interpretation of the will of God by the powers of men. Now Europe is agreed that men are not infallible enough, nor good enough judges of infallibility, to lend their powers legitimately to any such spiritual invocation of them; Admitting the superior authority of spiritual powers, in their own sphere, Governments cannot admit their right to co-ordinate authority with theirs, when they come in contact. In all such cases the State must pronounce, on the claims of the Church, in the last resort ; be cause the State only possesses any coercive power ; and coercive power is the only sort of power available for temporal objects. NORFOLK isLAND. (From the Hobart Town Paper.) A plan was laid by the boat's crew employed in unloading the Governor Philip to take the schooner Coquette, but this was defeated, and the parties- were imprisoned on board. • On the morning of the 21st June, at seven o'clock, the boat's crew were let out of the prison for the pur pose of stowing the cargo of the launch, which was hanging to the stern of the brig. On reaching the deck, and seeing only two soldiers and the 'sergeant there, the crew took advantage of the absence of the other ten, of which the guard consists, and rushed on the other two sentries and threw them overboard; the sergeant immediately shot one of them, named Kelly, when he was knocked down by the others and severely wounded.with a belaying pin. One of the soldiers was drowned, and the other saved by a prisoner" named Wolfe. - The seamen were then ordered into the launch, except two, who were told to remain on deck, and, one of them was placed at the wheel, with a pri soner of the name of Moss, to assume the command. The Captain, with his officers, happened to be below, and before they could proceed on deck the companion hatch was put on, the fore and main hatches were also battened down on the rest of the guard and crew, and the mutineers were thus in complete possession of the vessel, but without any arms, except the pistols and cutlasses taken from the two sentries. Shortly after they had taken the vessel, one of the party proposed to Captain Boyle to furnish them with provisions, water, arms, &c., on obtaining which they would give up the vessel to him and proceed to sea in the " island" launch ; but he refused to comply with their proposals, as he knew that the vessel must ulti mately fall into his hands again, the prisoners being without provisions and water, to obtain which they must necessarily expose themselves to the fire of the crew and military, who were well armed, and only waiting for an opportnnity to get, on deck. Cap tain Boyle then broke the cabin skylight, and watched an opportunity of shooting the man who was at the wheel ; and by a well directed shot he at length succeeded, and killed him on the spot. On the fall of the two master spirits; the others told the seamen who were on deck that the ship was theirs again. * The hatch was taken off, and the ship's crew and the military rushed on deck ' • the latter fired on the surviving mutineers, killed three, and wounded ' two mortally. The sergeant of the guard shot the corporal in the scuffle, mistaking him for one of the prisoners. The bodies of the killed presented a dreadful spectacle ; one man's head was covered with blood and brains, and, but for the interposition of Captain Boyle, the whole of the prisoners would have been killed. The guard and crew consisted of twenty-eight men, exclusive of officers ; and it certainly says little for their vigilance or prowess that such an attempt could have been made with any chance ofsuccess by a hand ful of unarmed men. The total number of. killed and wounded are- - - Military, one drowned,and two wounded ; seamen, one wounded; prisoners, five killed, and two -severely wounded. The seven remaining mutineers were fully committed to take their trial for murder and piracy. ERUPTIONS OF . ETNA. The awful and destructive eruptions of this cele brated mountain, which have occurred at various periods, both before and subsequent,to the time of our Saviour, are mentioned , by numerous writers, who have not neglected to register with care accounts of each visitation. As it appears not unlikely that the present disturbed state of the mountain may add another instance to those that have preceded, an enumeration of the more remarkable eruptions may not be out of season. There appear to have been nine eruptions u. c. The first on record dispossessed the whole tribe of the Sicani, and drove them to settle in more southern parts. The second and third eruptions are comme morated by the Atheuians in their marbles. It was at the last that two rich brothers, named . Amphinomus and Anapis, rushed into the torrents of red flames and carried off their aged parents on their backs. The fire spared the youths, it is said, while it consumed those on the same roads. Catania and her citizens dedicated a temple to this act of filial piety. Five eruptions intervened till the ninth, that happened in the reigp oti Caligula, which terrified that Emperor so far as to cause his precipitate flight from Messina. To recount all the eruptions which have occurred after Christ would form a long and only tedious list. The most important are those in 1160; 1169, 1329, 1536, 1537, 1669, 1693, 1763, 1787, 1792, 1802, 18090811, 1819. To the effects of these we shall briefly refer. Streams of fire in copious bodies ram down the declivity of the mountain during the two former years. In the third a new crater was opened, and the flaming matter that was disgorged from it overspread the adjacent fields, and destroyed the btilldings of the towns. The ashes spread as far as Malta, and many - died of terror. After the cessation of nearly a hundred years, the eruption of 1536 occurred, whichlasted for a consider able time, and was dreadful in its appearance and effects. A thick cloud, tincred with Ted, hovered over the top of the mountain ; chasms were opened in its sides, and vollies 'of ignited materials , rose to great heights in the air. For a whole year this continued without intermission ; the neighbouring castles, and more than 500 houses were destroyed. Carrera was witness of a dreadful conflagration in 1664, but the eruption of 1669 was the most formida ble and the most destructive. Eighteen days the sky blazed at first as with portents. A chasm, several miles in length, burst on 'the east side of the moun tain : new gulfs and other clefts continued to open, from which smoke, stones, ashes, and lava poured in cessantly. The English merchants who saw it state that it had overwhelmed in the upland 'country four teen towns and villages, some of whichcontained three or four thousand inhabitants ; and they add, " there is not now so much as any sign where these towns stood, except the church and steeple of one of them, which was situated on an eminence." In 1787, Etna was again in a state of eruption. After renewed shocks, and the appearance of a thick smoke, showers of fine, black, brilliant sand descended : flashes of fire, with scoriae and lava, next appeared, till gradually the top kindled, and the summit ap peared one burning mass. From the cone, as from a fountain, a jet of flaming volcanic matters - arose, which were thrown to the distance of six or seven miles. The destruction attendant upon this eruption was T disastro us to all the re g io n w ithi n it s com p ass . The explosi ons which preceeded the conflagrations of 1804 created a noise "as if a million of cannons had been fired off at once." A shower of fire . extended for three leagues round Etna, from the burning f mate rials thrown up ; and the lava skirte d og e of or N de a l p •s lo o s, granted by er t s he ; t K hbe i yeliae Bronte, the estate would appear that Etna are neither tremendousa with the title to Lord Nelson. From s oi i n ages, nor so siso exhaustingFr om frequenti at e a r s ietrisunpvtfoiool volcanic former re re new t t h h e e% 6 e t x h te o n f t w or ay eff , e l c B ts 3 . 0, I T o h e e n l s a e s .l t , , ei NN l craters were opened, and eight villages with their inhabitants destroyed. On the sides of Etna are seventy-seven cities, towns, and villages, containing about 115,000 inha bitants. The celebrated clxinut-tree, under which 100 horses may be . sheltered against the sun, and upon which account it is called dei cento atralli, still enjoys its leafy honours. The Inspector of Prison's transacted business this morning at the Home-o ffi ce. The Courts of Chancery adjourn to-morrow until the first day of • next Term (Jan. 11). The Marquis of Anglesea is to succeed the late Lord Hill in the Colonelcy of the Blues ; and Sir Edward Kerrison, from the 14th Light Dragoons, will succeed the Noble Marquis in the command of the 7th Hussars. SeLmort.—Last week, and for some days previously, when the river was low, great numbers of salmon were observed depositing their spawn in the bed of the Tay, from the north shore upwards as far as could be seen from the bridge. Many were attracted to that quarter by the unusual appearance of so many salmon at this season, and sometimes the river was all in commotion with their move ments. According to the generally received opinion the spawn of this year will come to life next spring, and pass down to the sea in the Course of the season, whence they return during the summer of the follow ing year as grilses. From the evidence given before the Court of Session in the " Stake Net" case, it ap pears that the spawn in going down the river keep ;war the banks until they reach the salt water a little below Newburgh, where they unite in the 'centre of the river from both sides, and keep that course till they reach the sea.—Perth Courier. BROBDIGNAGIAN TURNIPS.—An exceedingly large turnip, about twenty-two pounds weight,- grown in Ballycreally, in the parish of Moneyrea, has been left at this office. This fine specimen of agricultural pro duce, which is of the white globe species, was culti vated in a field belonging to M r . RobertAbernethy, from which a great number of other turnips, of the same description, weighing from fourteen to twenty pounds, have been taken, and where many, of a size equally large, still remain. —Belfa s t Whig, THE SUN, LONDON, THURSDAY EVENING, DECEMBER 2=2, 1842. ST. THOMAS'S DAY. ELECTION OF COMMON COUNCILMEN. Yesterday being St. Thomas's Day, wardmotes were held according to ancient custom in the different wards of the City, for electing members to serve in the Court of Common Council for the year ensuing. Great activity having been exercised by the Anti Corn-law Leaguers and the advocates for free trade to return members who Would support their particular opinions, a more than usual interest was excited. The following are the principal results : The names marked * ara those of new candidates. ALDERSGATE WARD. The wardmote for Aldersgate, for the election of eight members of the Common Council, was held yes terday afternoon, at the Dispensary, Aldersgate-street, Sir Peter Laurie, Alderman, in the Chair. There was no opposition to the gentlernen who have already represented the ward in the Common Coun cil, and no new candidate, and the following gentle men were therefore re-elected, after a short discussion, viz. :—Messrs LorkirW , Godson, Stacey, Norria; ood, De Jersey, Mottram, and Smith. Some business of theward having then been trans acted, Mr. W.tan rose to propose some resolutions. He disclaiined all intention to impute any impropriety of conduct or neglect of duty'to his friends the .newly elected Common Councilmen, and declared that his object was to test the opinion'Of the ward as to its views on those measures' of commercial policy .which had been under discussion in the Common Council Chamber On the Bth of December. _Resolutions had been agreed to at that meeting, to which he desired the assent of that wardmote; and when he had made known the proposition which he was about to bring forward, he thought' that they could have no hesita tion in declaring, their concurrence in his views. He had been accidentally present at the discussion to which he had alluded, and he regretted much that the ward of Aldersgate had, in his opinion, displayed the least alacrity of any of the wards of the City'of London on the great question which was brought forward. At that Council meeting, two of their representatives only supported the views which were - eventually adopted by the Chamber itself; three 'opposed those views, and three ' besides their Alderman, were absent. It was this fact which had induced him now to come forward, in order to ascertain what were the feelings of the ward upon this matter. He would not enter upon a fresh:discussion, upon all the' demerits of the Corn-laws, - or Upon- the numerous topics which the general ques tion presented for 'debate ; but feeling that the merits. of the measure which he advocated were embodied in the resolution of the Common Council, he would sub- Mit that resolution 'to them, and would pray their concurrence in it. He maintained; in reference to the last resolution, that the gentlemen whom they sent to. the. Common Connell were bound to represent the . opinions which they (the'electors) held. .-. • Sir P. LAURIE said that as he was referred to in one of the resolfitiona, he would say a pw . ivords in .explanation. He did not go to the Common - Council meeting, which was referred' to, because he' was.of opinion that that meeting was not convened for the Purposes of fair discussion, but rather with a view to St. Thomas's-day.--;--(Hear, hear.) . That reason had operated upon his 'mind, and he believed 'upon the minds of' many other persons. With regard to the Corn-lawa;•they involved a principle upon which he had not yet come to any conclusive opinion ; he could not help making one observation upon the reolutions now proposed, however, namely, that if the wardmote agreed in the sentiments 'expressed by Mr. Ward, and which amounted to a 'censure upon their representa tives, they had hardly done well in re-electing the same 'gentlemen 'who had been guilty of the' fault of which they complained. It seemed to him, that for the wardmote no to agree to the resolution proposed would be somewhat' anomalous.--(Hear, hear.) Mr. R. BESLEY rose to propose' an amendment to the following effect :—" That this wardtnote, after hay - ing examined 'the resolutions agreed to by the Com mon Council, cannot but regret that, while the Com mon Council is expressing so strongly its abhorrence of bad laws, it makes no effort' to reform some of the laws under its 'own control, Which - inflict - a much deeper injury On the population of this city than those which they seek to procure to be repealed ; and they recom mend to the Com Mon Council to apply themselves to the amendment of the laws which affect the commerce of the 'port of London, to the Corporation regulations, and to the reduction of those - monstrous legal and other expenses, which are now watched over only in a loose and unbusiness-like manner, but which require the application of the pruning knife of economy, and the adoption of some other check that that now pro vided." He declared that he entertained a strong feel ing upon the question of the Corn-laws, but he thought that a great subject ought not to be dealt with in a little way.—(Hear.) Mr. TUCK seconded the amendment. He declared that the Corporation, by the continuance of the existing port and market regulations, stood between the consumer and producer, and by the exaction of heavy lolls en hanced the price of every sort of food. He insisted that before they could, with any hope of success, de mand the total abrogation of the Corn-laws; they must remove all those abuses of which complaint was made ; in the resolution. Mr. lIERRING supported the amendment. He con tended that the Corporation, notwithstanding the vast means which it possessed, neglected the wants of the poor, as regarded cleanliness,-and all those minutiae so essential in the internal management of.a city, for the preservation of the public health. For his own part, he believed that the Common Council were not the political representatives of the wards for which they sat. They had representatives in Parliament, to whom, in poltical matters, they must look. With reference to the question of Corn-laws, he thought that the manufacturer could not in justice demand a free trade in corn unless he was also willing to grant a free trade in the commodities in which he dealt; but he had had shown his unwillingness to submit to this test of his sincerity, because for every species of manufacture a protecting duty was Tetained under the new tariff. _ After a few words from Mr. Gonsow, who depre cated the introduction of the question of-the Corn laws into this meeting, the amendment was carried, and was ordered to be published in the morning newspapers.. _ TKank3 having been voted to the chairman, the wardnnote terminated. ALDGATE WARD. The Lord. Mayor Presided in this (his Own) ward. A vacancy was occasioned by the retirement of Mr. Simpson and there were three candidates f o r th e honour of filling it, viz. Messrs. Burrell and Clifton, Conservativs, and Mr. Dodd, Liberal. The Lord Mayor declared the show of hands to be in favour of the following eight gentlemen (the number to be re turned)' viz. :—Mr. Green (Deputy), Mr. L a ke, M r . Fisher, Mr. Massey, Mr. Whitesides,"Mr. Salter, Mr. Jerram, *Mr. Clifton. A poll was demanded on be half of Messrs. Dodd and Burnell, but was subse quently withdrawn, and the above gentlemen were declared duly elected. tion in the vestry-room of St. Manlius Church, Lower Thames-street, Alderman Sir Chapman Marshall in the chair. There were two vacancies to be filled up, Messrs. Loch and Sharpe having - retired, for which there were four candidates, and a poll being de manded, it took place, from two till four, and at the latter hour, the numbers were declared to be as fol• low : Mr.Pewtress (Deputy) 43, Mr. Hill . 46 Mr. Coke . 47 *Mr Low I • 40 Mr. Matthews....... 48 *Mr. Chadwick 42 Mr. Davison ........ 43 1 *Mr. Towse l6 Mr. Knott 4Bl*Mr. Witham l4 The two last candidates have retired, but the poll must still be kept open for three days. fectly clear that things could not go on in their pre sent state. Distress throughout the country had increased, and was still increasing; and nothing but the most determined and Unequivocal measures could save us. • The worthy elector went through a variety of statistical returns respecting the misery and pau perism which prevailed throughout the country. In Liverpool, he observed, there were at the present mo ment 8,000 cellars, holes under ground, containing 40,000 human beings, without money, without em ployment, without hope—(Hear, hear)—and the same was the case in Manchester, Leeds, and all our great manufacturing towns ; indeed, in nigh all our towns. Lord Yarborough, at a dinner to the agriculturists of the isle of Wight, only a day or two ago, stated that he had been on a visit of inspection to several of our manufacturing towns, and that the misery he saw was indescribable.—(Hear, hear.) The great, the only hope of the nation, was the exertion of the men who were fighting so bravely against' the Corn-laws, in the great Anti-Corn-law League—(Hear, hear) — and he trusted that this noble Association would meet with universal support; those who could not give 101.. to its funds, let them give 11.; those who could not give 11.,- let them give 10s. ; those who could not give 10s., let them give ss. ; and those who could not give 55., let them give 45.,. 35., 25., is., or 6d. ; but let everybody give something. It was an investment that would pay incalculable interest.—(Hear, hear.) Mr. PROCTER complained that several of their late representatives who were again candidates, among others Mr. R. Taylor, had, upon the occasion of the recent contest for the office of High Bailiff of South wark, supported the suspension of that standing order which precludes Common Councilmen from becoming candidates for civic office—a standing order which he (Mr. Procter) considered essential to the interests of the City to retain uninfringed upon. It was quite evident that the Tories were endeavouring gradually to introduce men of their own opinions into the repre .sentation of that ward; one had slipped in last year, another was now a candidate • but he felt confident that a ward which had boasted a Wilkei and a Waith man, would never suffer itself to be Tory-ridden. Dr. LYNCH said that the advocates of free trade had every reason to go on with their work hopefully. The worthy elector then proceeded to complain of the in adequate representation allotted to that ward, as most prejudicial to the ward itself, and to the cause Of mu nicipal and general reform. Thirty thousand persons there were represented by 16 Common Council- I men only, whereas it had been most justly de clared that the number of its representatives ought, on every fair principle, to be not feWer than forty. He also complained of . the docquet dues, and other fees and duties exacted by the Corporation, to the injury of. trade and commerce, and of the large salaries paid to civic, officers, , more especially referring to the 2,0001. a year received by Mr. Sergeant Merewether as town-clerk. London was the only city in England whose corporation was guilty of such abuses. He further complained, that whereas the corporation of Liverpool had advanced a large sum to bring the Birmingham and London Railway to that important town, the corporation of London had, on the contrary, resisted the attempt made to benefit the citizens by bringing the terminus of that railway among them. It should, therefore, be the aim of all electors to strengthen the hands of the men who already supported their true interests in the Court of Common Council, and for this end they should sedulously keep out all Tories. Mr. BUCKMA STER also complained of the inadequate representation of their ward. Mr. WELLS complained of the constant expenses to which the citizens were subjected for the repairs of Blackfriars •bridge, and of the large amount swallowed up by the salaries and allowances to the Lord Mayor and other functionaries, and gave notice of a motion which he intended to bring forward at the close of the present election, calling upon the corporation of Lon• don to appropriate a portion of its revenues to meet the expenses of sewerage in the City. Mr. STONE said that those who said no, when it was asserted that pauperism was on the increase, would find sad reason to admit that this unhappily was the case, were they to become guardians of the poor but for a month. Mr. SEELEY was cf opinion that the aspect of things was everywhere improving. The number of poor in the workhouse of their own parish was less by fifty than it was last year. The decrease of distress in the course of the last two years had been matter of general remark.—(oh, oh.) He did not consider that it would be benefiting the people of this country to take five millions a year out of the pockets of the agricultural labourers, in order to send the money abroad.—(oh, oh.) Mr. STONE said that, on the contrary, distress was sixty per cent. greater now than it was two years ago. Mr. SIDNEY then addresed the meeting. The meeting then proceeded to the election, and the show of hands having been taken in each case, the Alderman declared the choice to have fallen upon Messrs. Ramshaw, Charles, Anderton, Pierce, Burn, Obbard, Edkins,Bedford, Barnard, Walker, Gresham, Prendergast, Taylor, Williams, and Sidney. A poll being demanded on the part. of Messrs. Woollett, Harding ' Wells, and Stokes, the polling was ordered to take place that evening, from four to five; this day, from eleven to three ; and to-morrow, from ten to two, then finally to close. BA SSISIIAW WARD. The 6lection was held in the church of St. Michael, Bassishaw, and the fellowing gentlemen were re elected, Alderman Farncom be presiding :—Mr.Friseby (Deputy), Mr. Britton, Mr. W. Lester, Mr. W. B. James. BILLINGSGATE WARD. The election took place at the Fellowship Porters' Hall, St. Mary-at-Hill. Mr. Alderman Brown, the Alderman of the ward; presiding. There was one vacancy in this ward, caused by the retirement of Mr. Potter, for which there were two candidates, Mr. James Robert and Mr. Henry Hunt Piper. On a show of hands the Alderman declared the election to have fallen on the following gentlemen :—Mr. George Joseph Hossac, Mr. Treyhamhold, jun., *Mr. J. Ro berts (Liberal), Mr. Benjamin Bower, Mr. Henry Francis, M r . J o h n Hill , M r. John Johnson. After some discussion, the friends of Mr. Piper declined to disturb the quietude of the ward by demanding a poll. t. the T WARD. he I), '. rd Alderman. Schoolroom,o the The w ardm ill ote SH Z P in Peter-street, Sun-street. ward, W. T. Copeland; EsLn re-elected, presided. • After the officers of the ward had names were submitted which had een returned fourteenfor the five parishes or precincts of the ward, amongst whom were twelve of the fourteen . gentlemen who bad served last year. Messrs. Carr and Welch, w h o had been excluded from the list, were nominated by their friends, and Mr. Ashley, a new candidate, was also nominated. 'Mr. Deputy Stevens, and the rest of the candidates, severally addressed the meeting, all, with the exception of Mr. Welch, declaring them selves Liberals, andin favour of a repeal of the Corn laws. The worthy Alderman having put to the meeting the names, the show' of hands was declared to be in favour of only thirteen of the gentlemen who served last year i - Mr. AShleY having been returned in lieu of Mr. Welch. Mr. Welch having previously declared he would not stand a contest, declined de manding a poll, but this was eventually done by his friends:. At the clo'se of the poll, at three o'clock, yesterday, the numberswere as follow :—. ' - ' Pea - enelc Mr. Pi!chef Mr. Stevens " Mr. Wilkinson Mr. Tagg Mr. Jones Mr. Patten Mr. Johnson Mr. Tozer Mr. Carr... l6 *Mr. Ashley Mr. Hall. Mr: Welch ~. . . . Mr. Bennett Mr. Thomas BREAD-STREET WARD. The Lord Mayor presided " for Bread-street ward for Mr. Alderman Lainson (absent from ill-health), at CordWainer's Hall. The old members of the Com mon Council were re4leeted, viz. SoUthby, Mr. Bridge (Deputy), Mr. W. Lawrence, Mr. Main, Mr. Poland, Mr. J. I.4awrene, Mr.. llawtrey; Kipling, and . Mr. Davidson. • BRIDGE WAR D. The citizens of the ward of Bridge held their elec- BROAD-STREET WARD. The wardmote was held at two o'clock at the Crown and Cushion Tavern, London-wall. Alderman Musgrove, who was recently elected in the room of the late Sir J. Cowan, Bart., presided. The ward officers and members of. the inquest were elected, and 'the following were appointed Members of the Com mon Council without opposition :—Mr. Corney (Deputy), Mr. Heppel, Mr. Gadsden, Mr. Jupp, Mr. White, Mr. Cumming, Mr. Warton, and Mr. Moon. A discussion on the conduct of the assessors under the Income-tax occupied about two hours. Several charges were brought against the assessors, which they replied to. The worthy Alderman suggested that no specific resolution should be come to on the sub ject of their conduct, as such might be brought before his notice in another form. The conversation ended in a resolution being proposed by Mr. Gadsden ex pressing the indignation which the wardmote felt at the unjust assessments made in addition to their re turns made upon solemn declaration. This resolu tion was seconded by Mr. White, another Member of the Common Council, and carried unanimously. Mr. Deputy Corney returned thanks on behalf of himself and colleagues for their re-election. Mr. Jupp also returned thanks for his re .election for the 30th time, stating thdt he had moved a vote for the repeal of the former Income-tax, and hoped do so with regard to the present. CANDLEWICK WARD. The - warcli - note was held before Sir G. Carroll, in the board-room of the City of . London - Union, Cannon street. Letters having been read announcing the resignation. of Mr. Deput y Downs and Mr. Oswick, thus creating a vacancy, four gentlemen were put in nomination. A. poll having been demanded, a long discussion ensued as to who should pay the expenses, which was set at rest by the ward-clerk saying that they would be - paid . out of the poors-rates. At the close of the poll, at four o'clock, the following numbers had - been polled:— •- • Evans . . 29 *Saunders 2l Bond '• 29 *Blades . 20 Baldwin • *Dakin The polling will be resumed this day, and will finish, to-morrow: CITE tf..P WARD. The election took place in the vestry-room of the Church of St. Lawrence Jury, Cateaton-street, the Right Hon. the Lord Mayor presiding, in the absence from town of Mr. Alderman Thompson, M.P. The whole of the late Common Councilmen were re-elected without opposition, as follows :—Mr. R. Brooke (Der puty), Mr. Penning, Mr. Ganthoney, Mr. Watson Mr Parker, Mr. May, Mr, Oliver, and Mr. Hickman . COLEMAN-STREET WARD. The wardmote was held at the Ward-rooms, in London-wall. Sir W. Heygate, Bart., the Alderman of, the ward, presided.. After the ward officers had been re-elected, Messrs. Allen, Hunter, Hale, Hall, Davis, and Johnson were re-elected members of the Common Council, and Messrs. Breacla and Phillips *ere elected in the room of J. Griffiths, Esq., and Mr. Cousens, who had resigned. Considerable dis cussion took place as to the propriety of urging that immediate steps be taken to forward the project of forming an embankment in the river Thames from Chelsea to Blackwell, and even Gravesend; and Mr. Phillips having suggested that this and other public improvements ought to be adopted by corporate and . public bodies in order to give employment to the poor, it was intimated that the subject had been referred to the City Navigation Committee, and would probably be speedily carried into effect. , .Several of the inha bitants complained•that Moorgate-street was not paved with wood, when the Deputy declared that the petition on that subject to the Commissioners of Sewers would taten in turn. There were already before them twenty-five petitions on the subject, and it had already been decided to pave several principal streets with wood, at a cost of 8,5401. • CORDWAINERS' WARD. The.wardmote of Cordwainers' Ward was held in the vestry-room of Bow Church, Cheapside. Alder man Thomas Wood in the Chair. After the ward officers had been elected, Alderman T. Wood put the names of the late Common Councilmen. Mr. Smith _ _ proposed Mr'. Taylor as a fit and proper person to fill the office of Common Councilman. The Chairman put the names of six late members, and also that of Mr. Taylor, and declared that the election had fallen upon the former members. A poll was demanded on behalf of Mr. Taylor, and at the close yesterday the numbers were , ---" • • Mr. Lott Mr. Modell (Deputy) 29 Mr. Williams Mr. Crowder Mr. Joyce .:.. .. 28 CRIPPLEGATE WITHIN. The wardmote was held at the ward school rooms, in Philip-lane, LondoA-wall, The Right Hon. the Lord Mayor presided in the place of Sir• Matthew Wood; Bart., Alderman of the ward. Mr. Packwood would propose as a thorough anti-monopolist, and fit to be returned as a member, the name of Mr. David Dewar. Mr. Beaton, one of the old members, ex pressed his strong feeling against an opposition being entered into against the return of the old members at the last moment. He had all along expressed his in tention to resign, which he would now willingly do. —(Cries of "No, no.") Mr. Beaton still persisting in his resolution to resign, this: was overruled by the Wardmote, and a poll was demanded on behalf of the old methbers, as well as the new candidate. Mr. Frost brought forward a motion on the necessity of Cor poration Reform - in the City, which, after some dis • cussion, was, on the recommendation of the Lord Mayor, adjourned till Friday. The numbers at the close•of the poll were : Mr. R. L. Wilson 4 Mr. W. Cash Mr. William Brass .. 4 Mr. B. E. Brown Mr. J. P. Beaton 2 Mr. H. Smith 2 Mr. John Last 2 Mr. J. bole .. 2 * Mr. David Dewar DOWGATE WARD. The wardmote took place at the church of All Hallows, Thames-street, Alderman J. Johnson in the chair. *The following gentlemen were all re-elected : —Mr. John Brown (Deputy), Mr. H. H. Mortimer, Mr. Thomas Gandell, Mr. dames Powell, Mr. Jona than Charles Prior, Mr. Thonias White. FARRINGDON WARD WITHIN. Alderman Kelly in the chair. The meetings have heretofore been held at Physicians' Hall, in War wick-lane, but in consequence of the many com plaints application was made to the Governors of Christ's Hospital, who freely gave the use of their noble hall for the occasion. The names of the candi dates for Common Councilmen were then read by the ward beadle as follows. The ward returns fourteen : Mr. Deputy Westwood, Mr. Deputy Pritchard, Mr._ Hayward, Mr. Wheelton, Mr. Holton, Mr. Redley, Mr. Eagleton, Mr. Hartley, Mr. Bonser, Mr. Ashurst, Mr. Taylor, Mr. Virtue, *Mr. Morris, *Mr. Ina-. nellan, *Mr. Fisher, Mr/ Rutter. Mr. Steele, of Paternoster-row, having addressed the. Court at con siderable length, as to the disposal of the City funds among- the necessitous of the several wards, the show of hands was taken, and the Alderman' declared it to be in favour of those proposed, except Mr. Eagleton and Mr: Rutter. A poll was demanded. Half an hour's polling was allowed. At its close the numbers were as follow Mr. Westwood, Dep.. 15 Mr. Fisher Mr. Pritchard, Dep... 15 Mr. Taylor Mr. Hartley, ...... •12 Mr. Morris ... lO Mr. Ridley : Ridley: . . l2 Mr. Eagleton. . 5 Mr. Virtue ... ... 12 Mr. M`Lanellan 6 Mr. Ashurst.. Mr. H01t......: 11 Mr. Hayward . 2 . Mr. Bonser , The .11 Mr. Rutter 2 poll finally closes on Friday. WARD OF FA.RRINGDON-WITHOUT. The Wardmote for the election of Common Coun cilmen to serve for this ward was held yesterday, in the New Court ; Old Bailey, Sir James Duke, Alder man of the ward, presiding.' • The usual preliminaries having been gone through, and the. Mimes of the candidates - having been an nounced, to th e number of twenty, four of them being new 'candidat es Mr.' WOOD rose and said he would read to the meet ing a resolution which it was his intention to put at the usual period, at the close ; namely, ofthe election. It was , a resol ut i on wh i c h t h e necessities of the time acclaimed' by the peop le of this absolutely' call e d for, an d t h e p r i nc iple of which ought to be univer sa ll y coun try. The resolution ran thus :-- "ReSolvedi , That " all import 'and other duties, ex cept for public revenue,- are injurious to the commer cial prosperity of the empire, hazardous to the mer- - chants and capitalists, detrimental to the best interests of theinanuf acturers, an d un j u st, cruel, and oppres sive to 'worki ng ' p ort i ons o f the population.—(Hear.) "'That •tliis Wardmote do,-therefore, most earnestly request th e ir ' represen t a ti ve s, both Parliamentary and municip a l , to support the ,repeal of all protective laws and reg u ! at i ons, a s th e o nly means of restoring the prosperit y o f t hi s grea t . m anufacturing nation. " That the-above resolution be officially forwarded by our hi and to eae :of the . City and" County. Representati ves. ", • tt/Ay-esteemed Alderman , S ir J a m es Duke, This was the resolution, and he hoped it would meet with the general sanction of the ward. It was per- . LANGBOURNE WARD. Alderman Sir John Key, at two o'clock, presided, and the precept having been read, Sir John said the following nine gentlemen had been returned from the various precinct meetings, although eight only were eligible to be elected :—Mr. B. Stubbin (Deputy), Mr. John Dixon, Mr. Samuel Unwin, Mr. Thomas Snelling, Mr. James Frodsham, Mr. Thomas Collin son, Mr. Wm. Howard, and Mr. R. Tulley. A show of hands being taken, and no poll being demanded on behalf of Mr. Tulley, the first eight gentlemen, all old members of the Common Council, were declared to he elected. Mr. Gude, in a long speech, then moved a resolution to the effect--" That the inquisitorial Property and Income-tax having• been imposed for the express purpose of raising. money to enable her Majesty's Government to carryon' the war in the East Indies and China, now happily terminated, it was the opinion of the wardmote that every endeavour should be especially used by the citizens of London to obtain the repeal of so odious and inquisitorial an impost." Mr. Common Councilman Unwin seconded the motion. Mr. Smith moved, as an amendment, "That, seeing the people of this country, particularly the working people, are greatly benefited by the late •reductions in the customs' duties on articles of consumption, it appears to this meeting that other taxes require reduction, more than the abolition of the Property or Income-tax." Mr. Brook seconded the amendment. The question was then put, and the original motion, with reference to that part stating that the Income-tax was levied to defray the war ex penses in India and China, having been modified, was carried by a large majority. Mr. Gude then moved, " That the wardmote could not separate without ex pressing its diaapprobation of. the conduct of the sur veyor of taxes in the shameful attempts to surcharge the inhabitants upon the rents of their respective houses, conduct most oppressive, after the recent survey to increase the window duty, and ten per cent. on assessed taxes, the house property in the ward having then been assessed to the full value." This motion was,carried unanimously ; and the ward officers having been chosen, thanks were passed to Sir John Key, and the meeting separated. LIME-STREET WARD. The householders of the Lime-street ward assem bled at the school-rooms, St. Mary Axe, Alderman Fairbrother in the chair. The old members were re elected without opposition, viz., Mr. Price:(Deputy), Mr. Thomas Mitchell, Mr. Robert Corser, and Mr. Daniel Cork. PORTSOIEN WARD. The election for this ward took place before Alder man Thomas Johnson, in the Parochial Committee room, Cock . and Hoop-yard, Hounsditch. The old Common Councilmen were re-elected, viz., Messrs. Wright (Deputy),Barker, Danford, Hayward, M'Ken zie, Christie, and Jutsum. QUEENWTHE WARD. The wardmote took place in St. Michael's Church, Upper Thames-street, Mr. Alderman Hooper pre siding. Mr. Deputy Goss, Mr. Curtis, Mr. Haycocks, Mr. Tyler, and Mr. Smith, had been returned from the precincts, and a vacancy having occurred by the retirement of Mr. Howell, Mr. E. Upton was nomi nated by the Conservatives to fill up the vacancy. Mr. Simmons proposed, in opposition, Mr. Sykes, a Liberal, and on a show of hands, the numbers were declared to be equal. A poll having been demanded, it was appointed by the Alderman to take place at the Church, for one hour that day, and two hours (from 12 to 2 each day) on Thursday and Friday, when it will finally close. TOWER WARD. The wardmote for the Tower-ward, in order to accommodate, the Lord Mayor, who presided for Mr. Alderman Lucas, did not take place until four o'clock yesterday afternoon, when the whole of the late Common Councilmen having been re-elected without opposition, Mr. Barclay called the attention of the meeting to the course which had been pursued in the City with regard to the Income and Property tax. He believed, however, that no ward had had its inhabitants so much surcharged, with reference to the , Income-tax, as that. The Committee ap pointed at a recent meeting► had waited on the Com missioners, and the fault was found to rest with the assessors. He thought .that they were unworthy of confidence, and concluded by moving a resolu tion expressive of the opinion of the ward mote to that effect.- On the suggestion of the Lord Mayor, Mr. Barclay withdrew his resolution. Mr. Sellsom, a Common Councilman, then moved " That it was the opinion of that wardmote that the Income tax was a war-tax, and should only exist as a war tax. That it was odious, inquisitorial, and vexatious, repugnant to the feelings, and derogatory to the in dependence of Englishmen, and should, under present circumstances of peace with India and 'Chine, be forthwith repealed." Mr. Barclay secondedthe:motion. The Lord Mayor put the question, and the motion was carried by a large majority. VIN TRY WARD. The Lord Mayor presided for Alderman Magnay, at the School-rooms in Bell-alley, Thames-street, when the following gentlemen were re-elected without opposition—viz., Messrs. Elmes (Deputy), Marsden, King, White, Green, and Spray. . WA LBROOK WARD: The wardmote was held before Mr. Alderman Gibbs, in the School-room, Walbrook. The old members were re-elected, as follows :—Messrs. Watkins (de puty), D. W. Wire, E. Condor, T. Rowley, Danson, and Ford Hale. BANKING IN INDIA. The effects of the banking system of this country and America have excited much alarm in India, which is threatened with a plethora of joint-stock institutions. This alarm is forcibly represented by a well-written letter to the Shareholders in the Bank of Western India, under the signature of " Aristides," published originally at Bombay, and lately reprinted in London. Doubtful of the expediency of, the joint stock system generally, the author disbelieves above all its fitness for Bombay, where there is a population which has become in mercantile affairs one of the most speculative and gambling in the world, and where everything like a disposition to over-advance, is a beginning ,of mischief. The progress of trade from a sound condition to phrenetic love of specula tiion, in consequence of over-accommodation, has often been traced, but the concise description of it by " Aristides," is well worth extracting, presenting, as it does, a long chain of events in a very few words : " The general course of these destructive hurricanes may be thus described. We shall suppose the panic to be over ; that the failures of merchants and bankers having cleared away, it is supposed, the greater part, if not the whole, of what had been rotten and unsound in trade and banking ; that to all appearance a general character of prudence and sobriety prevails in most, branches of trade, without any apparent resort to an undue extension of credit; that caution has been taught and enforced among the commercial classes by the reverses and losses which had been recently sus tained, and due attention paid to the most obvious elements of mercantile calculation. Everything seems going on quietly, and although large fortunes are not being made, yet the cautious and prudent merchant is slowly but surely augmenting his real capital. At this juncture something or other, either real or ima ginary, always occurs (for no two panics are to bO ascribed to precisely the same causes) to disturb this state of things. An impression perhaps gains ground that some kinds of goods are much wanted abroad, — some shipments of commodities purchased at low prices (for prices are generally low after a re-action) had answered in the foreigu markets ; the profits thence arising naturally. encouraged others—" the servile herd of imitators —to follow the example of the earlier and successful adventurers ; the markets assume a decided upward tendency ; the example of successful early purchase attracts general attention, and induces extensive imitation. Here is the critical point. The impulse to prices having been thus given, and every succeeding purchaser having realised, or appearing to have the power of realising, a profit, a fresh inducement appears, at every step of the advance, to bring forward new speculative buyers. The ex ample of early successful speculation becomes infec tious. At this particular juncture everything appears to be prosperous ; the banks are pressed by their cus tomers, who, tempted by favourable mercantile as pects, become more urgent for cash, in the shape of advances and discounts '•• instead of arresting the spe culative furor by withholding the means, they apply the match to this train of private credit, which quickly expands into irresistible power. Commerce degene rates into unprincipled adventures, not founded on the demands of trade, but solely on the command. of un stinted resources." It is the discount of bills at long dates, and the purchase of bills not payable in India, which are as sumed to be the object of the Bank of Western India; and that both of these must inevitably lead to over trading, with the ruin that immediately follows the hollow prosperity, "Aristides" is quite right in sur mising. Borrowing the expressions of another local writer, he says,, that the first impulses of a commer cial movement always come from low prices and a tendency to higher;.. but the banks soon step in, dis counts become . more liberal, and what was at first little more than a "_healthy breeze" rises into a hurricane, sweeping along with it, not only the vic tims of inordinate speculation, but also those who aided them with resources. Rather unfortunately for their cause, the friends of joint-stock banking in Bombay had held up as a model the Union Bank of Calcutta, which gives " Aristides" an opportunity of showing one of the effects of that institution in the failure of Messrs. Ferguson, 'Brothers, and Co. ' to whom it had ad vanced 350,0001 . The shorthistory of this important failure furnishes an instructive lesson : " In order to convey to your minds a clearer idea of the evils of advancing upon produce, which every- body knows perfectly well the tend enc y o f th e B an k' s operations will be to perpetuate, and of discounting and making advances of a longer date than three months,' I shall quote, as a practical illustration, a case with which the greater number of you must be familiar—l allude to the bankruptcy of Messrs. Fergu son, Turner, and Co., of Bombay. The failure of that firm is to be ascribed to precisely the same causes which brought about the panic in 1825, viz., the extreme fa cility with which discounts and advances were procured upon bills at long dates,' both of which branches of business are to be taken up by the Bank of Western India. The facilities thus afforded to that firm by their bankers furnished them with the means of enter ing into speculations which eventually resulted in their ruin, and but for the great wealth of their bankers, and the assistance rendered them by their friends to prevent their landed property from being forced suddenly into the, market and sold at a sacrifice, would probably have brought them down also. One adventure into which the command of money fur nished by their bankers tempted them to embark was a speculative purchase of iron; in fact, the whole stock at that time in Bombay, in the ex expectation that the price would advance. Prices, which these speculative purchases in themselves con tributed to enhance, did accordingly rise, so long as they continued to purchase, and when they ceased, the utmost quantity that was sold at a profit was, I believe, a few candies by retail. Prices were nominally high, but there were no pur chasers ; indeed, considerable quantities of the metal were re-imported into Bombay from various subordi nate ports in G-uzerat and the Concan ; fresh importa tions also took place in the usual course from Eng land; and prices from having been forced up to an unnatural height, speedily fell, leaving the adventure to be wound up with an enormous loss. This was .one of the causes of the downfal of the house. " If Messrs. Ferguson, Turner, and Co., had been obliged to pay the money they borrowed from their bankers to purchase this iron at a short date, the spe culation would have been prevented, and the house most probably would have been still in existence. Yet bills (that is your money to be lent) at a long date is a branch of business to be undertaken by the Bank of Western India! " The more immediate cause of their downfal was overtrading in cotton ; and here again they were sup plied with ' advances' by their bankers—that is, with money by which they were enabled to enter the mar ket, and purchase the cotton. These inordinate spe culations resulted in their downfal. Do I. allude to this in reproach ?—No • I do it with sorr ow , i n order to illustrate the evils o f a system which all the world (and you also, shareholders, by this time) must be perfectly aware will be encouraged and aggravated by the new bank." The trade of Bombay will not, according to " Aristides," bear the interference of an advance system. The price of interchangeable commodities must be regulated by the legitimate process of con sumption and demand, and any departure from this process by means of a system of inordinate credit will engender a host of speculators, whose name will be " Legion." The slight sketch that the writer gives of the par ties interested in joint-stock projects is neat and not without humour. First, he says, comes the attorney, a Parliamentary agent, who reaps a harvest by an enormous bill of costs ; having pocketed the amount of which he sells off his shares at the best price he can, and takes no more interest in the concern, unless, indeed, when its credit is diminished, he can make a speculation by buying up some of the obligations at a low figure, and then selecting some rich share holder as his defendant. Another party is he whose credit is desperate, and who hopes to gain something by influencing the Manager or a Director ; and a third is he, who merely wishes to purchase shares that he may back out when they are at a remunerating premium. The word "Bank," says "Aristides," is a favourite bait with many who take tinsel for gold, and. do not find they have been deceived till it is too late to repair the damage. Whether as applicable to the adaptation of banking for India, or as an eloquent dissertation on the system generally, the pamphlet is likely to prove of consider able interest.—Times. SIR CHARLES BAooT.—(Extract of a letter from Kingston, dated Nov. 25.)—Sir Charles Bagot is really very ill. To judge from the manner of persons about him, to whom his is a precious life, he must be in great danger. The doctors disagree, and none of them can tell specifically what the complaint is. Asthma,:severe dyspepsia, water on the chest, and dis ease of the heart, are all mentioned ; but nothing ap pears certain, except that the patient has been gra dually sinking for sometime, is reduced to a state of extreme weakness, and gets no sleep without opiates. The common opinionis that a fatal termination of the ' 1 malady cannot be far off.—Colonial Gazette. POLICE INTELLIGENCE. CLERKEIVWELL. In the course of yesterday Mr. Greenwood receive( 10/., being the annual donation of the Goldsmiths Company to the poor-box of this Court. • , It will be remembered that on Tuesday the 13t1 inst., Mr. Osborne King, a surgeon, residing in Ber. ners' street, Brunswick-square; was charged by a con. stable of the E division with being drunk on the pre• vious night, and . ,obstructing the complainant in the execution of his duty, between 11 and 12 o'clock. The constable on that occasion swore that Mr. King without any provocation, addressed him in the mos insulting language, and continued the same conduc all round the square. The complainant advised Ms King to go home, observing that he had take n to much wine, but this only p r oduced a renewal of the provoking language, upon which he took him U. answer to a question from Mr. Greenw ood as t 4 whether the defendant had done a nything more, thi constable, after some hesitation, said that Mr. more, e; had flourished his fist at him ; and, being furth questioned why that was not entered in the charge. sheet, the constable replied . that he b ad forgotten it Mr. King, in answer .to the charg e, denied teo' solemnly having been drunk, and complained of havio been treated with great cruelty, and being locked ill all night, though bail had been offered. The card the gentleman who offered bail having been auppressec by the constable, the defendant was unable to procun his attendance. when the charge was beard. Yesterday, Mr. -Clarkson, the barrister, before Mr. Greenwood to request a re -hearing of Mr King's case... He was prepared, he said,, with number of witnessess of the first respectability, Wh° notwithstanding the swearing of the police, could es' fact l ei tablish, beyond the shadow of a doubt, the hi Mr. Kin was perfectly sober on the evening when appearet was.taken into custody. Mr. King gave as a rea ms' for the harsh conduct of the police towards hihim,t, he had complained of some of them in consequence °! - an intimacy of an improper nature .wit h his maid servants. He . (Mr.. Clarkson) would not then enter into that accusation, however just. All 11 ' wished was that Mr. King's characte r should be re. lieved from the unjust stigma which had been owl upon it by the conviction of the Court. Mr. GREENWOOD said that, he could not enter upohanviintgapiairnead( the case, coup - he hear any accusation against the police unless the) were legally charged before.him.. e , Mr. Clarkson said, the gentlemen who were pr sent had attended-with some inconvenience to them.: nyordecideic, •selves i and he would wish, at all events, that their 0 1 dence should be heard in exculpation of his client. s . Mr. GREENWOOD said that if the gen tl e men w? o tl o to make any statement they were at libert y to a but he could not allow them to be sworn- 11 • Mr. Burt, of the firm of• Denys and Co., Tower-11, stated that -Mr. King dined with him on Monday,,tl'..! 12th, inst., at his residence, Savage-gardens, T‘or hill, and. left at a quarter:before ten o'clock with -`-"V_ Bleamire. Both gentlemen were quite sober, havire taken but a. very small , portion of wine. Major Bleamire stated that he went part of the No) home with Mr. King, whom he left perfectly sober. Mri James , Cobb, a land-agent and surveyor, r :„` Ol ing in Lincoln's Inn-fields,' .stated that, sliOrtlY eleven o'clock on the night of Monday, 'ous he saw Mr.-King, . with whom he had no previ at the quaintance, in the custody of a police.constahle, ,r, corner of Great Ormond-street. • Mr. King was per' the constable to let him go. st the Mr. GREENWOOD—There is no charge -agn, in an y the 12th enrol. constable before itie, 'and I cannot now go into misconduct on his part. Mr. Cobb ,proceeded to state, that his attention Nab attracted by Mr. King's' situation, as well ' it . r s , bY s h respectable appearance and, demeanour• He a I what was the matter, to which Mr. King re l o t 111 am requesting the' constable to allow me toe all residence and see my wife before I go to the Cobb)statia' house, but he will permit me.' B e g,l considered this very hard, and he also remarked that the constable was very , ill tempered. • whether, GREENWOOD —The quesn D OW IS, Mr. G aw" • t' al in your judgment, Mr. King was sober or arches, the time ? I cannot at present entertain against the.police. Mr. Clarkson—l am very Sorry for it. 111.---'is ten, calle d tleman left.his. card at the station - ho use, to upon as a witness, but the police suppressed it._ er I Mr. Cobb—The gentleman was perfectly sob at first accompanied them to the station-house, and r ' wpAirre. GREENWOOD—NOW, fused admittance. • been for si r, as you hav e - 0 0 some time in London you must know that if wished to serve your fr ' iend you should have at in the Court next morning. - stran ger t° Mr Cobb--7-Why, the gentleman was a "eti ,o me, and ,I think I sufficiently showed my. an,'" leay serve him and to further. the e nds of job° I ".Y . the ing my card at the station-house, and desirinf bad acting inspector to send for me next morning. I not the remotest idea he would suppress ray ell : 11 , 5 to even told Sergeant Dodd that I was moSt anx,'°;sta be.present. tendered. myself as evidence at the rota, tion-house that the entleman was not drunk, Sergeant Zodd said, .'This gentleman is dru n id set you see ? Take him off to cell No. 4." I t he geant Dodd that would be bail for him,. L' 4 " no w sergeant replied again, " Don't you see he locked up ?" . • • _• Mr. Clarkson—About Dodd's conduct at the stat i l, house, however rude or improper, I say at n'',"tr. but I directly charge him with suppressing Cobb's card.- . t Mr. GREENWOOD—With respect to that you 1 .r 11 :0 apply to the Commissioners of ,Police to institute inquiry into his conduct. • Mr. Cobb (to Mr. Clarkson) --1 never said 3111 : t thing from which ,it could be in ferred that the . rd n tleman .was not perfectly sober , a nd I distinctly. es:ift, Mr. King request, to be be Permitted to see to before,going to the station 'house. Mr. King—Yes, I was ,fearful lest she shoul d be alarmed. at my absence.. er' Mr.. eiarkson—Well, really, V the pOlice r i ere !flitted to. tyrannize in this way, I know n°' vv the they will st op. lam satisfied that after evidence now adduced no man can have a r° e dit the doubt that, Mr. King. r. was perfectly sober on for in question. Was it not a monstrous thieg ee his bearietgioost . sober man first to be refused permission to sthe own wife, so as to apprise her of his situation-7i re' to have respectable bail tendered for him fuseisubsequently to be cast into a cold cell I_ o , common felon, and locked up ther e until the blneude, ing; and finally, when brought int o Court, .° bier prived of the only means be had of exculpatie,obbs self front the charge by the suppression of Mr. e u b t he card ? Regarding the charge of as wE'll',.oraier constable had tagged to his charge on tL,it. hearing, there was net the slightest ground fo r Mr. Gnenewoon said he was sorry these ge.i.,„ thei r were not present enthe,previous occasion to give Jr evidence. Be would not say how he should ide cided ; but if Mr. King had stated that he earn t ,' been re' adduced such evidence, the case should have did u e mended .for their attendance. • Mr. King said he was so excited at the tin° , h e e r, felt not know what he was doing. He now, howe% _ d he satisfied, as , his character bad been cleared; 811 the hoped the same publicity . would be dto fforde e explanation which had been given to the eharg Ale 0 1 ° 4 1 7 AIRS. BALPOUR'S LECTURES.---ThiS hi b ,•-, • Ins; lacljr delivered her last lecture at the Literaricooday tution, Edward-street, Portman-square, on iJer evening, to a crowded and delighted audienee'., pre', present course consisted of. three lectures--1"0 of judice, Credulity, and the Female Soveretir Europe. It is difficult to describe the Pe e ° b ell terest with which she invested her subjects-- pet. intellectual, yet popular in their shared spicueus in style, clear in arrangement, and b i e 0 3 °.' with a sweetness of diction, and an admirtt ta0(11, desty, that evidently delighted the intelliget!oie to fot tories to whom they were addressed. W e r - ei hed add that Mrs. Balfour is as much distingals , lot her moral excellencies and Christian principlespi titoi her intellectual capabilities ; and Ave a re , I° 6oo l l l that her lectures cannot fail to exer t an elev a indee d ' improving influence on her own sex, whys may be truly proud of such an instructress. --- - - =-- 4 g• .11 Ili Tli S. . lady of " • 1 On the 15th inst., at Caher, Tipperary, 'the '- Greene, Esq., 7th Dragoon Guards, of a son. ~., o f ilie I" On the 19th inst., at Stated Rectory, the `"Y - the Bishop of Tasmania, of a sou. tit er. e Plik' On the 20th inst., at. Southwick-crescent, Y a, lady of John Challice, Esq., surgeon, of a dattll, o f W' On the 20th inst., in Oxford-terrace , the ". 0 (0 Chapman, Fsq., of two dauhters. F oolu On the 20th inst., at G reenwich, Mrs. •Te h° d'aughter. ssi.ooen, theth E O f °r°l Nesbit t, surgeon,e 2 2 1 1 s s t t ins t ., on n fs s a : . ~ daughter.t a h t e T w o i t f t e Tott en ham , am, the lady of Wioios , v of Mr. Henry to f Ar , Inn-place, of a dauiliter . .1 Mn' • On the 21st inst., at Norbury, near Croy. oo, si Kett Barclay, of a daughter. A Of Sialli On the 21st inst., at Leyton, Essex, the Is-Y James Capper, Esq., of a son. MARRIE. eAraeu(inh. Devon, tteholf9k!ho John i e n r s t t ;ci b ih y l er t . .:hoe Esq.th ß e e r EArthurtAt h j c u r l Esq., 0 the On the 10th inst., at the Cathedral, Canterburi, ,_,po Frederick R. A. Glov.er, M.A. , Rector.of Charlton ' pp to Anne, youngest daughter of the late Thomas St ar • the Precincts, Canterbury. wO O o r d . h E e s(t. 2o , t o h f Wil"br ins : Lint youngest daughter of Robinscn Wordsworth , Egli ' j°l'an%Glinlini,ngtohaEmli'sapbe°trhsettorCtblia;rl6erda°4 e l ' ' )31E D• hi ll ,W l ' A s On the'l6th inst., at Ascot Lodge, Sunning-. relict of T. Hort, Esq., aged - 74. fop? ' . OP — On the 18th inst., at Queen's -buildings , Br°rnr (P OI,' Kay On B i tl oo t the.2oth sq inst., in Nest Strand, Elisabeth, w .. tr e • late Mr, Edward Walbancke, of Sohn-street, Oxford - . • _ London Printed and Publi s hed by 111UDO.: strsl No. 112; Strand, at The Sun Office, O. 1"121 the County of Al ddlesex, Thursday, Deeenlbe ,) r