The Express.
London, England, 1848-06-15 00:00:00

THE E\PRESS, THURSDAY EVENING, JUNE 15, 1848.

Mr. CEMISTOPIIIIR Done, and the secretary is Mr.
WITMER., all of these gentlemen being, we believe,
employes of Mr. O'CONNOR—men joints of his tail.
The auditors are Mr. WILLIAM CUFFAT and Mr.
JAMES ENIOIIT, both journeyman tailors; the trustees
are Mr. T. S. OUNCOMBE, M.P., Mr. JouN SY.WELL,
and Mr. ERNEST JONES; Mr. ROBERTS, the solicitor,
is also the registered treasurer, though we understand
he has repudiated the office, and Mr. O'CON NOR holds
the purse in his stead. On the lit of May, 1847,
the names of 43,847 persons were registered as sub-
scribers. A draft of the deed of settlement intended
for complete registration of the comp soy had been
approved by the registrar, but no such registration
has tiken place, the expense being alleged to be the
chief obstacle. Amongst the provisions of the pro-
posed deed of settlement, which is generally in the
form now familiarly known to all who have had to do
with joint-stock companies, we find the following:—
"The directors are empowered to undertake the
entire management and control of the sulkies of the
company, and to act in such manner as they may
think advisable for the welfare of the company ; to
appoint, remove, and fix the duties and aa;aries of
the secretary, agents, and all necessary clerks,
officers, and servants of the company ; to remove
any treasurer, and to appoint any tenspoiary
treasurer," and to do a vast number of other
enumerated acts, which altogether give the directors
the moat absolute control over the whole concern.
Then a sum not exceeding IW. a week is to be divided
between the directors. Again, all officers, agents,
and servants of the company, except the directore,
auditors, treasurer, and trueteee, shall be appointed and
removed, and their salaries and duties, and the secu-
rities to be given by them, shall be determined by the
director.. The method of shutting the land by hallo,
or lottery is set forth in detail, and the directors are
to be at liberty to sell or otherwise dispose of any land
purchased, instead of allotting it. 'lite following are
the provisions as to the allotment of find to the prize-
holders :—" Before any shareholder receives pos-
session of his allotment the directors shall cause to
be erected thereon a cottage or dwelling, and to be ex-
pended in the fencing, cultivating, and putting in order
of the land, and in the purchase of stock, implements,
and furnittne, to be delivered to such shareholder as
his own property or otherwise, for the benefit of such
shareholder, the sum of 151. in respect of two shares,
the sum of 22/. Ws. in respect of three shares, atd
the sum of 301. in respect of four shares ; part of which
amount, not exceeding ono-fourth part thereof, may,
at the option of the directors, be delivered to the share-
holders in money.
And " each allotment shall be conveyed to the
shareholder entitled to it, in fee simple or for other
the estate and interest which shall have been pur-
chased, charged with a rent-charge of like duration
fur the benefit of the company, to be secured in such
manner as the directors shall think fit. The
am unt of such rent shall be determined by the
total amount of money which shall h,ve been
expended by the company in and about the
ourehase of the land, and the improvement and culti-
vation thereof, and building thereon, so that there
shall be payable a perpetual yearly rent-charge of or
after the rate of W. for every 1001. which shall have
been so expended, and in proportion for any gloater
or less amount."
Now it cannot fail to strike the reader, that even
when this scheme shall be registered, the sole and
entire control of the company will be in the hands of
Mr. O'Cuseon. Ile and his agents are the
directors; his accounts are to be audited by the two
journeymen tailors; while the trustee!' are, of course,
merely passive instruments', and must act according
to the requirements of the "directors." Well may
Mr. O'Coseoe designate the subscribers " his chil-
dren;" for ne'ver was a more uncontrolled power
attempted to be given to one man over the members
of a society. With democracy on his lips, Mr. O'Coe-
Non has certainly established a most complete despot-
ism over " his children ;" whether it will be a
"paternal" one remains to be seen.
But at this moment there is not even the cheek
upon Mr. O'Coemni of puppet directors or auditors.
lie has received all the euhseriptions, and holds them
in his own name. Ile has int( sted upwards of
40,00)11. in land in Hertfordshire, Worcestershire,
Gloucestershire, and Oxfordshire, which has been
conveyed to him. lie is now the uncontrolled and
uncontrollable owner of the whole pr perry. The
prizeholdtra who hure been located have no lease,
nor a shadow of a legal title to the land they
hold. Mr. O'CoNeott himself, should he be so
minded, might, at any moment, turn them out
of possession. Or his heir at law, or his devisee,
should he die, might deal with the in in alike summary
way; or his creditors might charge their debts upon
the land now or after the death of the paternal
autocrat. Nor would the ejected allotment holder, or
any other member of the company, have any practi-
cable emedy. They could do nothing but fire a bill
in Chancery against Mr. O'CoNeost, on behalf of
themselves and the other shareholders of the com-
pany, to comp I him to perform the trusts of the deed
they have signed ; and should the "national bailiff "
think fit to detour to such a bill for want
of equity, upon the ground that the company
is not a legal one, the shareholders would assuredly
be cast, and the bill dismissed with costa. The in-
dustrious men who are disposed to contribute to a
land lottery which is under the irresponsible manage-
ment of a single individual should ponder these
facts, and pause before they commit their hard-earned
pence to the keeping up an enormous delusion. Let
them note that there are nearly forty-four thousand
persons who have already subscribed, while not more
than two or three hundred prizes have been distri-
buted, and then let them calculate how remote must
be the chance each person has of a prize allotment,
and which we will show them hereafter is really no
prize at all. As to a dividend from the preps of the
company's transactions, we suppose there is no ot.e
ianguine enough to expect that.

became violently excited when the result of the de-
bate was known. Some of the more noted among the
members whe voted in the minority were cheered by
this crowd sa they left the Assembly. M. Von Arnim,
Minister of Foreign Affairs, was surrounded
as ho passed through the Chestnut-wood by the irri-
tated mob, who were proceeding to ill-use him,
when he was rescued by a detachment of students
from the hall of the university, where a meeting was
in progress to deliberate on a projected festival at the
Wartburg. [Luther's asylum alter the diet at Spires,
a scene of a well-remembered meeting of liberals
during the retrograde reign of the legitimate Diet.]
M. Von Arnim was conducted into the ball, where ho
addressed the assembled students in vindication of
the course pursued by ministers with regard to the
motion of M. Berends ; but though they had cordially
exerted themsel-es to prevent an outrage by the
mob, they testified little sympathy with the speaker.
While the parties in the hall were thus
engaged, another attack was made in the Chestnut-
wood on a ministerial deputy (M. Sydow, a clergy-
man) by the rabble, and again the students sallied
forth to the rescue, and were successful. Other mi-
nisterialists were insulted, if not personally injured.
On the 10th the magistrates and town council of
Berlin voted an address to the assembly, begging
pardon for the transactions of the preceding day, and
promising more efficient protection to its members for
the future. This day, however, was also destined to
have its disturbance. Early in the day a barrel of
powder was about to be carted away from the
arsenal,when a journeyman baker directed attention
to it, and the crowd which collected insisted upon its
beingcare ied back to the arsenul. This was done; and for
the rest of the day the building continued to be sur-
rounded by groups of spectators, in earnest conversa-
tion. About 1 p.m. of the same day, a number of
persons collected under the windows of M. Arago, the
French envoy, " to bring him a rime," as the phrase
is it Germany—in plain English, to gi‘• him three
cheers. lie returned thanks in French, regretting
his inability to speak German, waiving the compli-
ment in so far as his own person was concerned, and
accepting it in the name of his country. The same
parties then proceeded to pay a similar compliment
to the liberal members of dui Assembly—Jung, lie-
rends, and Jacobi.

UNITED STATES- MEXICO.

An outline of the following received by telegraph

appeared in yesterday's Exiwess.
The Caledonia, Capt. Leitch, arrived at Liverpool,
yesterday, having left Boston on the 3ltit ult., and Ilali-
fax outfit, 2nd inst. She passed the Niaaara at about
half adav's sail from Boston; but, in the meantime, the
United States had been ti legraphed as being olf New
Yoik. The Caledonia brings ulnae to the amount of
114,000/. The accounts from the States are
of a cheering character. The country, despite the
ferment preparatory t r the prisidential election, and
a slight depression in shipping and commercial affairs,
goes on, says a New York paper, "tranquilly,
prosperously, and peacefully. Thu promise of the
growing crops, of all sorts, is t xcellent. The weather
is delightful ; and, save only fur the convulsions of
the polit:cal elements in Europe, which so materially
interfere with the pursuits of industry and the acti-
vity of commerce, and greatly curtail our foreign a ado
—all would be must smiling." The news front
Oregon and Yucatan is, unhappily, of a disastrous
character.
'the democratic convention awn nibled at Baltimore
have made their election of a candidate fur the presi-
dency ; but not without dissension among their aen
party. The New York delegates did rot vote. The
nominees are General Cass, el Michigan, fur president,
and General W. 0. Butler, of Kentucky, as vice-pre-
sident. Of this nomination the New ru.k Courier
soul ,Thiquin.r remarks :
GI num] Cass has been Mil I, voluble, persevering', and po-
pular. He has mixed himself up • with many public ques-
tions, in themselves important and calculated to escite deep
pubic feeling. And upon them all ho has taken the aide,
mid aveurued the tone, hot adapted to win the support of the
untliinkieg, impulsive, avid pothole waives. In a popular
cow iss al this will till, nil that, too, wu have little
doubt, with an effect fur which the whigs aro not prep md.
Uesiles this, there are features in the coming contest
which give increased strength to this selection. Oen. Casa
it a northern man, arid this fact alone is destined X, have
grc.4 weight. There is only one sout%ern man whom the
*log. could run, with the slightest prospect of success,
aitaittu• s northern loco-loco, and that one, we need scare ly
old, is Gen. Taylor. Gen. Cam, moreover, is a western can-
dilate, and he has not yet committed himself against western
interests en any important point. Ho has a mildaty odour
about his name said his history, and this, now-ao.lu)s, is nut
entirely worthless. Ho has alwa)s been a clamorous
i..lr tate fur the a xiremist claims of this country against
England and the world, even at the co-t of war; and that
fact will give him more votes than it will take away.
General Cass was ambassador to the court of Louis
Philippe some years since. Ills nomination will not,
it is thought, give eatis'action to the whole of the
democratic party of the States. Indeed, that section
of it pleasantly denominate d " barnburners" has
already withdrawn front the Convention and
threatened to start a candidate of their own.
It was precisely this sort of disunion in the ranks of
the Lore-foetal which elevated the till then unknown
Mr. Polk to the pr sidency on the last occasion.
The whigs were to hold their national convention
last week at Philadelphia, to put their candidates in
the field. Thenceforth. until November, the whole
country will be kept alive with publications,
speeches, and public meetings of the partisans of the
respective candidates. General Taylor is spoken of as
their most probable nominee. One newspaper goes
so far as to predict his election to the chair by a
majority of exactly 101 votes over Cass. This is
carrying the prophetic propensity to a nicety far
greater than that attained by the sporting prophets of
the British turf.
A systematic agitation in favour of cheap postage
has been organised in New York.
General Scott had been received in New York
with extreme enthusiasm. Ile entered the city
accompanied by a procession, and above 200,000
persons (we quote a New York piper) were
. and at the windows. The

present in the streets at
General re% iewcd the troops, after which he lines
which had kept the spectators back were broken ;
there was an immense rush of the multitude to sur-
round and greet the (hneral, who was finally com-
pelled to corn., forward on the balcony of the City
Hall and show himself to the assembled throng, to
whom ho made a short speech.
The commercial intelligence notifies a slight depres-
sion. The news carried out by the Hibernia, says one
of a decline of cotton in Liverpool somewhat

ful treatment—he was a physician—of the dysentery
under which a friendly tribe of Indians (the Cayuses)
were labouring. So many died that the belief took
possession of the survivors that the doctor was poison- .
mg them in order to get possession of their horses and
lands. In order to test the truth of the suspicion,
it is said the Indians sent throe patients to the doctor
to be treated, two labouring under the malady, the
other entirely well. The doctor prescribed, and all
three died, and therefore, confirmed in their suspicions,
the survivors of the tribe burst in upon the settle-
ments, destroying all before them. The acting legis-
lature of Oregon had in consequence authorised the
raising of a military force, which was already in the
field, and had had SOWy successful encounters with
the Indians. It had transmitted a memorial to the
President of the United States, asking aid from the
/government against the Indians. The memorial was
referred to the committee on military affairs, and
ordered to be printed.
An arrival at Boston from Cape Hayticn, stales
that on the 9th May, all the south poi don of the
islands were in rebellion again et the government.
This is a confirmation of the news to the same effect
already published.
It appears that the governor of the French portion of
Hayti is a black and very ignorant man, and made himself
odious by tyrannic acts. Soon after his adv. nt to office
he dismissed the mulatto ministry, and abolished the consti-
: tutiun, and directed the soldiers to tire upon a deputation of
the merchants of Port-act prince who waited up-,n him for
the purpo,o of having the latter restored. &vend were
shot down and delilierately murdered. This act was fol-
lowed by the arrest and execution of several citizens allt-
pected ul designs against the government; and again by a
collision between his troops and the citizen!, in which nearly
one hundred were killed. His administration wasintolerable,
and revolt was the necessary consequence. He had pro-
ceeded south with a body of five thousand troops, to meet
the innurrents, and the impression was to .t he would he de-
feated. The hatred of him ent. rtained by Vie mulattoes is
intern),; and as it has become a war of colour now, the cal-
tent will be fierce and unsparing. It was rumoured that he
hod been driven hack to Pert-au.Prince, and al., that the
bl ,eke had sent to France, asking the pronction of that
nation.

The New Orleans National gives the following
from Guadeloupe:

By an arrival this morning from the Isle of Guadeloupe
we aro placed in possession of intelligence to the Pith Apia.
We have accounts from Pointe-a Petre, which gate that
everything thine is in the greatest egitation, na one knowing
what is to happen next. It was known there that • st,sel
had left France, having on board seven delegates from the
Provisional Government, who, it was said, would proi Lam
liberty mi their arrival. It ems feared there would he a
general revolt in the colony on their arrival. Already many
workmen have refused to work, at-ertiag that they are free,
and that if they du 11010 stain liberty from France, they know
how to obtain it by Jerre of army. It was reporten at Pointe a-
Petre that there was aiready lighting in Martinique. Sere
days previous to the sai.l g of the vessel wideh mirage the '
intelligence the black population forced the door of the
Albers (?) with axes and clubs. AU the troops were imme-
diately out, and a rev It bad very nearly commenced. Al-
most every m g placards are seen ir. public pi .ceit, bear-
ing the word., " Diath to the whites !" and similar treats.
In shat, everything seems to portend moat viol. at cons,
quences. The accounts represent a great want of flour, oil,
and other provieiens. Everything sells at an enormous price,
and money is not to I.e Lad. We look with anxious interest
fur the next advices.j

COMMERCIAL INTELLIGENCE.
New YOIIK, MAT 31 —Co-rros.—Tne delay of the malls
from Bate south ha• scarcely left time to make up war regular tables ;
but the hallowing wit be mound to ho nearly r correct summary tit the
Ilatneal ids of cotton during the week elapsed, binge our publication
of the 1111 Wit
Itssivive I Exosrtei to Redaction of Stock
V, o. at Poeta. Great Britain. in the
Ills 31,001
11,000 ..... 16,1100
I Hai
Yor the export of all other ports than Great Britain Is scarcely 1,00)
INAn this week. An it might be supported trim. the advance reported
in prices at !Lyre, that 'Mlle cotton would be put in motion fur that
was,, it may be A 4 well to nay that SS nn house a l 9 undertake to draw
on France, there is no probability of any shipments being nude
thither for the peewit at least; unless France rends the coin or
.n credit. far the 'mech.,. Opinions from the south differ as to
the quire yui cotbm which planter. will hold roe until next season,
but are very IlflarliDlUU, upon three points of much more import owe;
•is., that the quantity al old cotton rein-Ming on pl.mtation never
was a a large at this late period; that the breauth of land plaided in
cotton is uthsually great; and that the gnats ing crop never looked
11101, pruitusing.
BREAD lira ria.—For Hour there has been a good home
and attaini,ita the re elpts have been lar,,c, yet prices have
changed but little, the e easmnn brands of Ohm, Idiehigan, and Gene-
see, varying front 5 dot, Vic. to 5 d 371 e, ac.,ursimg to condition,
and the tie tts r of i•cot wee 5 Job. 59c. to 6 duht.
In bond in offered a: 5 dolt. Huuthern kinds sell freely at 6 doll. to
Ii dub. with a light stuck. Itye flour is dub at 3 dads. 50c. to
3 dole. tikic. Corn rime. in fair • ern I dots. 5.e. our Jersey and
Brandy a ins. lloldits of a heat are less trot, and at Is now off, rid at
IMe. to 125 c. tor ohm, and 135 e. for Gete•oce. Intim corn Is
wanted fore:joist, and the good samples of white and yellow Jersey
bring 53e. to 46e. Southern white mad mixed alto. to 53e. Oats WV
dull at Co. to 4,c. fur northern. Rye is lowa's, with Bales at b9c. to
Inc. per fb. Barley to out or moon, and held at tic. to 73e. The re.
evict", 14 dour tin um Hudson and canals, since the opening of
gatbn, amount to 211,105 bps.
hideouts Aso ExPunes.—The importi are nreessarily
falling of, as the exports are checked, an will appear from the an-
nexed table, stating( tin: value or inerelnitidue tinporiol into this dis-
trust, excepting that sent to the warehouse, and the amount of duties
rewired during the week enciltig on the 26th inst. Ca each of
throe years:

1816 1847 1818
Dolls. Dos.
Free gby .
Duti~llle go4s

Totsd merchandise $ 1,009.313 1.638,64. 1,699,669

Specie
(Soh receivel 203,131 374,701 238,223
Average rate of duty
Toe duo., now paid in coin, as the only substitute for Treasury
notes, are above par—do nut, however, lung remain in the ,trong
bun—for the /traits of every week on the treasurer here rather over-
ran Lie receipts 01 the heck.
MONEY MAWLET.—Our banks am in g o 1 position • and
although the export of coin to Europe continues, their stack doia not '
~immesh, tor numerous little streams, all tending iiltherward, keep
the 'thicket well supplied w lth specie. The great ingress of emigrants
'Coln Europe iheihrhef a considerable amount in this way. More than
10,000 emigrants arrived no Saturday and Sunday I .et in thin port,
mostly Germans, in good health, and many of thco, apparently, per.
sons of some su'istance, and all bringing mute or,lees money. The
prices of the U. S. stocks continue high. Treasury notes bring
1021, and U. S. Six per Cents. of 67, 1011. Money seems within a day
or two somewhat more in demand, but still there no no general
prewture on the hanks, mainly treause of the general stagnation in
busmesa. [tills nn I ondon are sold at 1111 to 1 1 11, esteem • rates
however. On the continent very little is doing. Sterling ear- ange nu
been in good demand with a moderate supply of bins. The lohowing
are the elating rates —London, 111 to 1111 ; Paris, 5.20; Amster-
, dam, 42; hamburg, 34 to 361, manna'.

COLONIAL.
BRITISH NORTH AMERICA.

CANAI)A.—Our intelligence from this colony by
the North American packet is unimportant. A slight shock
of earthquake was felt in the island of Montreal, on Wed-
nesday, the 24th of May. M. Papineau's attempt to get up
in aaitatian for a r^pt•al of the uuien between Upper and
Lower Canada appears to make no way. The case of a Mr.
Ferres, tile retut tang officer of the conaty of Shefford, who
h..d het n dismissed 0.1 a charge of taking as undue part in
the election for that district, was, in the absence of more im.
p .runt muter, hotly discussed by the newspaper or.,ans 1):
the dith rent parties.
NOVA SCOTIA.—The following address has been
received by the Hon William IC.ning, Speaker of the Nova
Scotian Rouse of Assembly, from the capitll of Newfound
land :
We, the inhabitants of the district of St. John's, met for the pur-
Mae of petitioning the queen and both Rouses of Perhanivir. for a
constitutional form of government, could not separate without con-
gratulating the people of Nova Scotia on the enjoyment of the olsject
far ahich we, stimulated h) their noble example, now ardently desire
and diligently seek. We select you, sir, the first eomrnoner of Nova
Scotia, and the speaker of the first reformed assembly of your pro-
vince, as the medium for the conveyance of our felicitations to your
most excellent countrymen. We are charmed by the moderate
• and practical manner in which party governmeat has illustrated
itself hi Nova Scotia. You have effectuated moderate reform-mitt
in doing so you hove given u fair consideration to the claims of throe
whose ,rated rights were interferes! with. You hare emitted a de-
partmental government, combining in your system the whole,ome in.
liocnoe of change neceroury in the hight-r others, with the continuity
of service desirable in the subordinate situation—thereby refuting in
pea lac the iartenious sophistries urged against yo.r party, when
they ittivocatiNl the theory of executtve roman:do:ay.. You and your
party have done more, sir, you have bound Nora Scotia sad its people
to the parent count, y, by an indisroluble tie—the Le of common
rights sail common interests. Accept then, sir, for the people of Nova
Scotia, of whose rights and interests you are the constitutional repre-
sentative, our hearty congratulation..
NEW BRUNSWICK.—A new administration has
lat last been formed. The New Brunswicker of 27th May

says ;
The new council meets on Monday next, and It is understood will
be composed of eight members -Messrs. Wilmot, Kinnear, Partelow,
Hazen, (*handler, Fisher, Rankin, and 11111-the resignations of
Mesers. Wain Johnston, and Shore are understood to bore been ac-
cepted. The poet of provincial secretary will be filled by Mr. Partelow,
it bring imperative that that office shindel be occupied by a member
of Ur areembiy ; Mr. Saunders will reth e with the office of clerk of the
circuits. The Fee lerickf on ',oar:Quarters thinks the new council will
prove satisfactory to a large majority of the population of the province.
The Nor Brunstrirl rr, on the contrary, cannot pace any confidence in
the executive council as now arranged, but views it as an ex;iediency
affair, calculated to till up an interval until the sense of the people can
be expressed upon the new principles of constitutional government.
The latter paper, commenting upon the retirement of Mr.
commissioner art crown lands, from the executive council, properly
remarks:--" If there be one office more than another in this pro.
vince which should have a voice at the council board it is that
of surveyor-general, and we trust that Inc brad of this department
will not be excluded from deliberations in which matters connected
with land constitute so large a proportion of the public business.
Mr. Itaillie'a retirement from the executive council should diaqualify
him from presiding over the Departmental Office. The liberals of
New Brunswick may find, by-and-bve, that with a coalition council
andffi the chi& departments of the country in the hands of the odd
ocial party, upon the old tenure, the new system will never flourish.
That experiment was tried is Nova boons, anti we know what fol-
lowed. Wnether the liberals or the conservatives are in a majority
in the council is of far less consequence than that the public offices
should be held upon a popular tenure. Lord John
,tee
despatch
concedes the privilege to the people-they she uld amen their rights."

NEW SOUTH WALES.—Every new arrival
from this colony brings a new protest against the unwarranta.
hie determ nation of Earl Grey to revolutionise it/constitution,
without having any reason to assign for the chance, without
any person basiug asked him to make it. Earl Grey must
have little to do in his office, since he can fin.' time to menu-
, facture a new constitution for New South Wales every four
or six years. The colonists, hovever, are desirous of making

shift with the old one • little longer. They do not see why
all their institutions should be unsettled 'timely because a
new theory of colonial government has taken resection of
the noble earl's fancy. Above all, they are everse to having
forced upon their sceepttnee a foe simile of a constitution
of which they know nothing, eacept that parliament has rs.
cently passed an act to reprieve New Zeeland, which had
been condemned to undergo it.