The Express.
London, England, 1864-10-27 00:00:00

PROVINOILL MARE HAMM.

Lummox. Oct 26.-Gnat Eastern, de-Ditto new account,
M-Great Western, 74; -Ditto new account, 74-London end
Narita Western, 114 132 11!-Ditto new account, 114-Man-
chester, Sheffield,. and 11noolnahlre. new acconot, 661-Midland,
1119-Dittogiew account, 124-South Eastern, new account,
Mg -Great Luxembourg shares, new account, ,201.0. a d.-
Spanish Passives, new account. COI 1116 1 I-Ditto Certiiimtes.
new account, 13 13-16-Alliance Bank of London and Liverpool
(Limttedl, Ditto new account, 4 p.-Eastern /animate
Bank (Limited), 7.16 0.-Mercantile and Exchange Bank ,Li-
mited). I If 41.- Ditto newaecount. t 0.-National Bank of
verr,ool (Limited , /4 el.-British mid Foreign Marine Limited),
2 6-16 p. - Maritime InsaranoeiLliatted`. f 0.-Queen Insurance.
1 p.-Ditto new soma* I 1646 1 p.-Calcut Marine Limited„
p,-Mersey Steel and from ifAinited), p.-National Steam
Navigation Company, 9 d.-Dlihr new account, 4 d.

BCTING Lk-CD OF Tlig )ogle.—lt is A mistake
to suppose that the Maoris set small store by their lands.
This opinion originated from the readiness with which they
made overlarge tracts of land to Europeans for the most
trifling articles ; some forty years ago the missionaries
bought 300 acres of land for twelve axes, and • certain
Baron Hippolytus de Tbierry, in the county of Somerset,
England, and of Queen's Collage, Cambridge, made a still
better investment. In 1822 be bought 40,000 acres on the
Hakim's river for thirty-six area. Poor Thierry's head
seems to have been turned by this piece of good fortune ;
he proclaimed himself sovereign of New Zealand, and took
formal possession of his new kingdom. The tares of
royalty, however, were so little to his taste that he threw
aside his mown in disgust, and is now a flax-cleaver in
Auckland. Altogether many millions of acres ware sold to
Europeans, sad we regret to add that the principal par-
chasers were missionaries. The process of conveyance was
little understood by the New Zealanders ; they sever ima-
gined that they ware parting for ever with their lands ;
they readily received the axes, not as purchase money, but
as a »ward for their politeness in attaching their crosses
rd eignetttree to within document% They yielded the we
of the Lad to the Europesoa, but they never renounced
their sovereignty over it. Such • custom wee unknown
amongst them. Tribes ocimaionally exchanged tracts of
land, but the original owners were still invested with snoh
rights that it could not he sold to • third party without
their cement. It was only at • subsequent period, when
they found that the Ettropeame claimed the lead as abso-
lutely their own, that they originated the land league, in
virtue of which so native can sill his lead without the wee.
sent of his whole tribe ; • strictly legal restraint, socordieg
to their ideas, as she heed is the
i moped) not of the indivi-
dual, but of the whole tribe. The landl s file a common in
England ; all have an equal interest in it ; no one Dan sell it
without the runesat of the whole tribe. The local govern-
ment mimed to recognise these rights of poverty ; ifa
member of a tribe sold them • glees of kind, they held that
the sale was valid, and tried to take pomemiee of it by
foam Hence the presort wer.—Proser's Magazine for
, Osiefeet.