The British Press; or, Morning Literary Advertiser.
London, England, 1826-05-23 00:00:00

HIBERNIAN MINING COMPANY.

yesterday • Meeting of the Shareholders cf this Contpsny was
belt at listeriti's, Mr. 31oxon In the chair.
The (Ite m nate paid, the nhject of the Meeting seemed to be
to lntk into the Cornpary's affairs, to consider the prop' iety of sus.
Feeding she opera-Mon of she Company, and see whether it was
port expedient to dissolve it or to pay the call now mete by .he
tweeters. The cnndurt of the Directors was rasher if they
persevered In their intention of declaring fortilted all those shires
upon whiet arrears are doe. lle was of opinion, thnt after 4/. and
AI 1.141 been paid as deposits on shares, it would not be fair to de.
ewe them ferfeited, without obtaining some explanation as to lb.
Company's 'Weirs.
Mr W. CLARK mes of opinion, that a Committee of Share.
earn should be appointed to wait on the Directors. and require
(tool diem the newest.. v information previoun in the B.h of June,
the lay of the General 31retirg; but a. Ale. lodise was the means
of calling this fleeting, he thought that gebtletuan would be able
to rubmit WOW proposition.
31r. I.onoa said that the meetirg was called the; the Share.
holders might express their nekton on the conduct of the Di-
rectors. There were 130 der/in:wry, to the immune of 7001/.; there
was • weekly expenditure of between 4001. and LOW. and it was
due to the Shareholder' to give unrne explanation about such a
gw:at expenditure; anti there would be eimeiderabis difficulty in
gone on If men a t expenditure wan to continue without any
probable return. Some gentlemen had paid 10 and others only 4/.
Undrr such circumstances there ought to be a suspension of the
work* until the arrears had been paid up, as such an expenditure
as MON. • month, ineurrttl, as he understood, in eii,king • dam
to drain the mine, was rather too much, without any reasonable
respect. There hail been already expended 6.600/. on the works,
and Portly the Directors could not think of making another call
without some explanation.
A Shareholder inquired if there were not n steam-engine pur-
chimed, end if it was included in the Meal/ ?
Mr..Conoa said it was ; be at the mine time was of opinion
that the works should he suspended until the stream were paid up.
A Shareholder observed that suspending the works was putting
en erlierret:e4er on the Company.
Mr. 31eir0xe., the Solicitor of the Company. said, he felt it his
duty to the lrislu Proprietary to gusrd their interers; and he con-
ceived that breaking up the Company would oust materially in-
jure the Interests of tell. He was at the works in April,
and they were then proceeding most rapidly with the dam ;
and he could assure the 311-etie.g, that if the water was once
drained out, it we, likely to turn out a most profitable
cencern ; he remembered the Mine from his infancy, and he was
well acquainted with the description of me which it produces; it is
ot the best kind, and he maws a Comp working it, and his
(Mr. 31altony's) father givingileo/. for a )share. (Hear, hear.)
lithe water was out the Company wadd have a very valuable in-
terest in it. The opinion of the most eminent ei.gineers. Messrs.
Nimmo, Griffith, and Weaver, was, that the present dam should be
completed before any attempt could be made to work the mine.
He was instructed by the Directors to say that they were most
willing to give every explanation in their power. (Hear, hear.)
They were anxious that investigation should take place, and had
AO doubt but on the Bth of June they would make a highly yetis-
fatter,' report. But he felt the mesmerist conviction that if the
works were suspended it would totally ruin the Company; indeed
they could not suspend them; if they did so, their contracts could
be violated. Mr. 31ahony concluded by raying, the Shareholders
mild appoint a Committee to meet the Directors, who would be
happy to afford every information.
This statement seemed to give general satisfaction.
Mr. CLARK said, the statement of Mr. Alahony was meet fair
and candid, and if the Directors would act u lie stated, it would
be whet was to be expected from them.
A Shareholder Merited the extent of the mine?
.Mr. 31All 0 X Y said, several acres.
Anotler Shareholder asked, was not the mine in an island ?
Mr. 3latioxY replied, it was more • peninsula than an island.
A Shareholder inquired what was the cause that the former Corn-
luny did not succeed ?
Mr. Matiose said that It was in consequence of • falling out
among the Director.
A nharelicader said, the failure of the present concern might be
oaring to that cause. (A laugh.)
. .

BIZ 1.01:101 inquired haw 'many mines the Company were
working! _ . _

Mr. MARONT ned, only twn.
Mr. Lonna understood that the Company had ninemlnes, seven
of which they abandoned, after expending the following sums of
morey on them :
Castlemaine Mine
Xenmare Mines

Zeee 17
en 15 b

___ ... .........__ _
Mary_ 51inea . . . BM2 ii 5
bunging Colliery - • 1432 II 0
Valentin Quarry . . . 1603 13 8
ICllften 3larble Quarry . . 810 11 3
Leitrim Coal and lrnn - - 779 14 11
And further said, that .perhaps they would be obliged to abandon
this, atter all the expendi.ure. _ _ .

Mr. MAIMNY hoped that it would be found that such would
not be the case, as the moment the water was drained off the
stestmengine would go down. It was already packed up for that
pur,sor.
A shareholder asked how many shares there were ?
11r. Lotion said, it was intended that the Company should consist
of 10 MO Shares, all of which, with :he exception of 190, had been
issued, and upon which 453.97101. cueht to have been received as
deposits; 51,006/. was actually received. and 7.:t001. was due by de.
/nutters, besides the deposits on certain Shares allotted to some
Noblemen in Ireland, woo did not take them.
A Shareholder inquired whether the Directors intended to oblige
those Noblemen to take their Shares

Mr. Mafiosi( said, certainly, if it should be the wish of the
Proprietors.
A Shareholder was of opinion that the Noblemen were the first
who ought to be sued. (A laugh.)
Another Shareholder observed, it was a very ignoble act of them
not to take their Shares. (Laughter.)
The Chairman observed that he thought the conduct of the
Directors moat unfair. lie was one of certain Shareholders who
waited on them for information as to the affairs of the Company ;
and at that interview there was an express understanding that the
Directors should make no further call until after the meetiog of
the Bth of June ; instead of which they made a call of If. a Share,
payable on the 12th, so that if there was a ballot demanded on the
Bth. no Shareholder could vote on the ballot who had not paid the
deposit.
Mr. MattosT said, he was confident that the Directors would
not hare rec.mrsc to such a quibble. If they did so, he would
feel or. hesitation in saying that their conduct would be most
shamccul. (Cheers )
Roolution was then passed, appointing a Committee of five
htntleuicn to confer with the Directors, and to have a fair Report
prepare,: to submit to the Proprietary on the Bth of June.
Thanks were then voted to the Chairman, and the Meeting
broke up.

A public meeting has been held at Darlington, to Mice
into consideration the stale of the unemployed poor in that town,
and to provide funds for their relief. From the statement which
was prot.uced by the gentlemen who had previously visited the
Louses of the poor, it appeared, that in that town a cnnsidctable
number of operative manufacturers are either but partially em.
ployed, or destitute of work ; and to alleviate their distress a sub-
scription was Immediately entered upon, arid a sum nearly antotint.
tog to 300/. has already been obtained. It is but just to the work.
ing classes of that town to acknowledge, that, curing their great
privations, they have evinced an orderly and exemplary conduct.
The price of agricultural produce is declining very much
about Montrose. The butter-market opened at Is. 3d., declined to
lad.; eggs, Gd.. declined to 4d.; and large chickens in pairs,
which brought Is. 4d. in the morning. fell to 10d. A similar de-
ferential took place in Breehin on Tuesday. Butter, 9d. ; eggs,
3id.; top price for barley, 19s.
It is a practice, it scents, for the salesmen of bay, in
Whitechapel hay-market, to give a bonus to any one who brings a
good order. On Thursday, a knowing dog took advantage of this
practice, to trick a number of ealcsmen out or a crown a piece. It
is unnecessary to say.thai the diaap poin imen t and chagrin of the m-
enu and their masers were not small, on driving home the hay,
agreeably to direction, to find that ••• no Monsieur Tonsnn lodged
Acre." The same trick, with similar success, way played off on
Friday, at the Borough hay.market.

Extraordinary falls of rain took place in various parts of
Perthshire on Sunday last. About Irogtealmontl, and eastward, it
was particularly heavy. At Cargill the rain fell in torrents, while
a little to the southward, between Craigmakerran and Scone, there
was not so much as to lay the dust oa the TIM% and ploughed
fields. At Lngierait the fall of rain was Itcnvier than any in the
recollection of the oldest inhabitant ; it commenced at eleven
o'clock, as the people were on their way to church, anti contimied
without internitssion till three in the afternoon, when the village
twat inundated, and the adjoining haugh had all the appearance of
a loch. There had not a drop fallen at Ballechin, two miles to the
westward.—Scotch Paper.

•
Paisley contains about 50,000 inhabitants. Of these by
far the greatkr number are employed in silk and cotton manufac-
tures, or in trades dependent on them. There are in the town
about 6,000 looms, which employ, in addition to the weavers, a
multitude of hands, as stayers, wilders, starehers, beamera, draw-
boys, the makers of the requisite implements, besides those em-
ployed in tambouring and fine needle-work. The number of capi-
talists bears no proportion to the number of operative', and we
believe the town can number hot two cotton spinners. The cause
of all this is its proximity to Glaagow. lit consequence, generally
*peaking, the workin, g d.i'-ea and their distresses belong to Pais-
ley—the manufacturers and their capital to Maggot,. While we
write, there are about WO Individuals depending on our funds for
the means of support. In Paisley, upwards of ZOO looms lie un-
occupied ; and in the adjacent villages more than 800. This has
occurred, too, after a long period of low wages, when the workmen,
provident or improvident, could not save a shilling. We hear that
the ladies of Edinburgh have takan an interest in the melancholy
situation of our operatives, anal we will only say, that if conduct
the most exemplary gives them any claim upon the kind fee'irga
of the gentler sex, they assuredly possess it.—. talky Advertier.
DRSADFUL ACClDENT.—Wednestlay night, about nine
o'clock, a young man, in a druggist's shop in Prince`a.aireet, Edin-
burgh, met his death In the following awful and unprecedented
manner. it'hile employed in arranging the apparatus for making
bola water, it suddenly burst, with a dreadful explosion, and killed
the young man on the spot. His head and arms were dreadfully
mangled, and the premises considerably injured by the concussion.