The British Press; or, Morning Literary Advertiser.
London, England, 1824-05-28 00:00:00

After a few words from Mr. ELLIS and Mr. WILIIIIAHASI,

TO4IIO.
the Alye.

IIii.;CAIII.ETT observed, that important as private Bills Might
be, they were not more so than public measures; and if 3lembers
were prevented liom voting on private Bills without attending
Committees, the public would expect that they who did not hear
the debate should be prohibited from voting on public questions.
lie threw this out merely an a suggestion.
Sir C. FORBES, as we understod, said, that this new pro-
posed chane would create a reform in the House.
Mr. ('.IS NI NG said, that he did not foresee the practical bene-
fits of this motion that were likely to be arrived at during the present
Session. He would recommend the Hon. Member, however, to
postpone the adoption of any measure on this subject in the present
Session, and to bring it forward early in the next; meanwhile, the
discussion that had just taken place would not be without its good
effects. It would awaken the House to a sense of their duty, and
create regenerated feelings, which, he was sure, would operate to
the public good. (Hear, hear.)
Mr. 11U31 ill thought 'Armitage would be derived from the ap-
pointment of the Committee at present. The very morning of the
question—two or three meetings--would prepare thz way for any
arrangements on which, in a future Session of l'arlianient, they
might resolve. lie would therefore press the motion fora Select
Committee of Inquiry, as to whether any and what regulations
were advisable to be introduced," for the better conducting Private
Hill* through th^ House: and to report the minutes of their pro-
ceedings, and their opinions thereupon, to the House."
Mr. CA NN INI front the strong opinion which had been ex-
pressed in favour of the motion, would withdraw the amend.
anent, and permit the amended resolution of the Hon. Member to
pass without opposition. (Hear.) He would only require that
the Committee be not required to report their minutes, but merely
be called on for their opinions.
31r. II assented to the omission of the clause objected to
'by the Right lion. Gentleman.
The motion then parsed. and the Committee appointed.
CUSTOMS 1(11.1a

......
The CHANCELLOR of the EXCHEQUER moved thethird
reading of the Customs Bill. in its amended form.
Mr. 1). BROWN moved, that before the Rill passed the
petition frem the County of Mayo, against the duties on linens.
Elm be read.

The petition was then read hem the inhabitants of the county of
Mayo, presented this Session, against the repeal of the Linen
Bounties.
Mr. 111•:\ IS BROWNE then moved that the Addresses of both
Houses of Parliament to King William, on the 10th of June, 1698,
be real.

. ,
The CHANCELLOR of the EXCHEQUER said, that the
addresses were not at hand, and it would take some time to procure
them, and asked Mx Right Hon. Friend if he could not go on with
his 'marks without having them read, by referring to the substance
of them

Mr. D. BROWNE did not wonder at his Right Hon. Friend
having a disinclination for the reading of these addresses; but it
the House would allow hint, he would read them front & private
book. The Right Hon. Gentleman then read the addresses, the ob-
ject of which was. praying his Majesty to encourage the woollen
' manufacture in England and the linen mantifactuve in Ireland ; and
to do all in his power to discourage the woollen manufacture in Ire-

land. Ills :Majesty replied, that he wculd do all in bit power
to
discourage the woollen 'manufacture in Ireland, and to eticourag?
the linen mannfacture there; and the IPth of William and Mn.,hy
chap. the Right lion. Gentleman inated. wu passed expressly
to discourage the woollen manufacture in Ireland.
Alderman WGOI/ hoped the repeal would extend to small
coals as well as large.

Mr. C. M. 11U "I'l'll INti()N objected to the repeal of the dutiee
on come linen.. No country hod flourished mute than I:ngland '
under protecting duties, and he was surprised at the Right Hon.
Gentleman wishing to repeal the duties on wane linens.
Lord M 11,Tt suggested to the Right lion. Gentleman. that
the persons most interested in this treasure were the landholders,
who would receive higher rents in consequence of It, and not the
linen manufacturtms. The measure, however, should hare his
support.
Mr. GRATTAN objected to the BilL

iiirN.i".7.lEll4.l;l' was against the Bill, tss it regarded the
duties of foals tarried en twine.

The !louse then divided on the third reading, when there ap.

Ayes, 93 ; Noes. 26-31witwity for the Dill, 67.
The Bill was then read a third time and passed. and aereral
clauses added by way of riders.

I R N.ERGY RESIDENCE BILL.

The Report on this Bill was brought up.
A conversation toot place between Sir Joust' NrwroaT. Mt.
0. PAWSOW. Mr. Got: I.nuttsr, and Mr. Ga•mmAw, when
Sir J. N1...8.1'1MT proposed a clause that no clergyman who
held a living of 40W. a year and upwards should be allowed to hold
a second living.

Mr. G(II*1;11CRX opposed the bringing up of the elanse.
Mr. PLUNKETT said, that he would not object to this rlanse
if brought forward at the proper period for considering ph: Hines.
Ile thought that any thing calculated to make the clergymen attend
to their duties was calculated to promote the interests of' the church.
But it was his opinion that the clause proposed by his lion. Friend
(Sir J. Newport) would give rise to innumerable difficulties. In case
of a demand for tithes, when a clergyman had taken a second hv.
ing it would be necessary to prove that the value of the living ass
not above a certain sum, and thus lead to litigation. He did not
object to the principle of the clause, trot to the manner of s,..eking
to bring it into the present Bill, and if brought forward urtict d!f
ferent circumstances it should have his support.
Mr. HUTCHINSON had heard with great satisfaction the ob.
servations of the Right lion. the Attorney-General for Ireland,
which he considered as the pledge of • future measure. He thought
it would be right to give the Harmsen what they were entitled to.
hut he could nut allow their holding livings in the north and livings
in the south, while they were only obliged to reside a short period
in either place.

Lord MILTON thought the lion. Gentleman (Mr. Hutchinson)
hasty in conceiving the observations of the Right Hoe. Gentleman
to contain a pledge.
After a few observations from Mr. Gnavvas: and Sir JOHN
NF.WPORT, in reply, the House diiided on the clause, and the
numberspp!aret:l _

Fo.r.the clause, 38—Against it, 75—/Ifsjority,
The Report as then agreed to, and the Bill ordered to be read
a third time to-tnorrow.

WAREHOVSED WHEAT BILL
The House went into a Committee on the Warehoused Wheat

Mr. ELLICE proposed a clause to allow the Canadian wheat
now warehoused in this country to be brought into the market fret
of duty.. _ _

The clause wss opposed by Mr. i.. FOLTZ'. Mr. Ir. HORTON.
Mr. WHITMORE, and Mr. CURTEIS.
The clause was supported by Mr. lirsurssoy mid Sir Jomr
NEWrOBT.

The House divided on the clause, and the numbers were—
Foe the clause, 4.s—Against it. 19--Majortry, 26.
After the passing of the clause, a derultorr debate took plate
between Mr. CERTEIS. Mr. iII:SEISSOY, Sir J. SE RR IGH
Mr. ELLICF., and Mr. L. FOSTER.

The Report was then brought up, read, and ordered to be taken
into further enn•ideration on Monday neat.

.LANCASTER COUNTY COURTS' BILL.

The Lancaster County Courts' Bill was read a second time. and
ordered to be committed on Tuesday next.
The other orders of the day were then disposed of, and the Hausa
adjourned at a Quarter before Two &Clock.

ORDERS OF THE DAY. (THIS DAY.)
Marine Insurance Bill—Seeoni Reading.
Register Office Bill--Second Reading
Land Tax Redemption Bill Reading.
Newfoundland Judicature Bill—Second Reeding.
Exchequer Court Fees Investment Bill_Cammittee.
Law Expenses (Ireland) Bill—Second Reading.
Roman Catholic Itirriages Bill--Commitiec.
Transportation of Offenders Bill—Second Reading.
Savings Banks Bill—Report.
Game laws Amendment Bill--Report.
Large Bridge Bill—Report.
Hibernian 31iniug EMnpany Bill—Report.
New ('l' inches Bill—Committee.
Paroehisl Stipends (Scotland) Bill—Cnaimittee.
Fleet-market Removal Bill—Report.
Tenants' Relief (Ireland) Bill—Report.
Impounding Distresses (Ireland) Bill—Report.

pkWES OF FOREIGN STOCKS YESTERDAY.
Austrian Bonds Prussian Bonds 08/
Ditto Acct. 2.1/ 6 Ditto Ace. 981
Chilian hood. 79 Ditto Bonds (1822)
Cotomb. Bond. 881 Russian Bonds 95/ 1 a /
Ditto Acct. 83/ Ditto Acct. 951 i / 6
Ditto Scrip 1 i a pm Span. Coon. 20/ i i
Danish Bonds Ditto Aect. ft/
Ditto Marks Batten Ditto 810 Bonds 201 11
Greek Scrip 5/ 6 51 6/ 78 a Ditto 170 & 285 Bonds
ii dis Ditto 85 Bonds
Ditto Acet. 5/ 61 81 dii Ditto S per Cents. (1823)
Mexican Bonds 624 Ditto Bonds (1820)
Ditto Scrip 1 a a i A 9 ►`m Anglo-31exican Mines
Ditto Acct. .4 Acia 5 4) poi United Mexican alines
Neapolitan Bonds French Renter 104 f. 50c.
Peruvian Bonds Exchange 25f. 50c. 40c.
Ditto Scrip Ditto Scrip
Portuguese Bondy 931 Ditto Acct.
I►itto Acct. 931 21 3/ Exchange

MAILS.
DUE : I Lisbon, I Dottenbure.
ARRIVED: I Ilsunburgh, I Flanders, 1 French.

Efte Ortttolt alrefio.

THEATRE ROYAL, COVENT-GARDEN.
This Evening, FR I %V, Way 40. will he performed
CIIARLF.S TIIK SECOND: or, TUE MERRV MoNARCIL
King Charles the Sewood, Mr. C. Kembles Lord Rochester, Mr. Junes
Captain Copp, Mr. Fawcett t Mary. Mies M. Tree.
After which, FORTUNE'S FROLICS.
Robin Roophhead, Mr. Rayner.
To conclude with
CLARL

Auk. Vivaldi, Mr. Abbott; FaAeett ; Clart. Min
M. 'free: Vcapina. hi. Love.
.

r, Cherie; tie'''''''''''''''''''''''''''''' and the Hunter of

NEW SURREY THEATRE.
THIS EVENING, and TO-MORROW, the Mekb-Dounftelf
ZULUCA AND THE RIVAL WARRIORS; or. The TRIER HUNT.
Otter which,
THE ADVANTAGES OF LYING; or. 110 W TO GIVE A ROUT.

HATE; or. THE CATARACT OF TIIE MOUNTAIN.

The BRITIIR PRESS commenced pli!ilighing yestenlay morning
at half-past six o clock.

LONDON, FRIDAY, MAY 28, 1691.

Mr. Hume brought forward his motion last night on the
subject of Members attending on C'emmittees, and voting
on private hills, for the establishment of joint stock
companies and other measures before the House, in which
they possess a direct pecuniary interest ; and the Ho-
nourable Gentleman moved in substance—" That it be a
standing order of the House that no Member be allowed to
vote in any Committee up stairs, having any direct pecu-
niary interest in any joint stock companies, canals, or in
any bills, the object of which may be to obtain for any
such Member on a Committee a direct pecuniary advan.;
tape, or to provide against any loss, the practice to the con-
trary hitherto prevailing being contrary to precedent, ar.il
to the even administration of justice." The Honourable
Member cited parliamentary precedents from 1604 to the
present period, deciding that Members on Committees up
stairs, having a direct pecuniary interest in the Rill
before them, should not be permitted to vote. lie did
not, Mr. Hume added, censure the individuals so
much as the system which had so long and so impro-
perly continued. Mr. Canning rose to say, that he
(lid not dissent from the principle on which Mr. Ilume's
resolution was founded. That principle, the Right lion.
Secretary added, was, however, already in existence; for
he thought that Members possessing an interest in any
private Bills coming before the Committees in which they
sat, acted generally as they would on a Committee ap-
pointed to canvass the validity of an election, when they
looked, not to the political principles of tlho candidate, but
to the merits of his case. There was no difference of
opinion, Mr. Canning stated, as to the inconvenience of
Ow usage; but the Hon. Member (Mr. Hume) did not
point out the remedy for it. He {M'r. Canning) thought
the only effective remedy was in the feeling of Members
themselves as to the propriety of attending and hearing the

evidence on Bills on which they were called to vote. Great Ilart:. fortunes; atid it is evident that the ordinary balance
abuses, the Riglittlion. S,cretary added, existed in Mein- of profit and loss cannot be more advantageous in this than
ben voting without knowing the subject on which they in any other commercial speculation, in which capital is
voted ; but notwithstanding the sentiments he always en- I embarked. Adam Smith, in treating on joint-stock corn-
tertaincd on the subject of reform, he would sincerely wish i panics, instituted without any especial privilege, and ca-
to see the practice of the House reformed in this particular I pable of carrying on trade successfully, places fire and
departnient of its practice. After some further discussion, sea insurance among the number. " The value of the
Mr. Canning, with great frankness, conseutcd to the appoint- risk (he says) either from fire, or from loss by sea, or by
mot. of a Committee to report the most effectual regula- i capture, though it cannot, perhaps, he calculated very
;ions to be introduced for the purpose of remedying the I exactly, admits, however, of such a gross estimation, as
oils that at prsent prevail in conducting private Bills I renders it, in some degree, reducible to strict rule and me-
through Committees. Ministers, on this, as on every other Ilthod. The trade of insurance, therefore (he adds). may
occasion throughout the Session, have shown a perfect be carried on successfully by a joint-stock company, with-
readiness to make any concession favourable to the conduct out any exclusive privilege. But the great political camp-
of public business, and attended with any benefit to the mist goes on subsequently to say, " That to establish a
community at large. Mr. !tunic's motion on this occasion joint-stock company for any undertaking, merely because
ants equally well conceived and necessary ; and he found such a company might be capable of managing it success-
consequence the fullest and readiest acquiescence on the fully, or to exempt a particular set of dealers from some
rt of the leading Minister in the Lower House. of the general laws which take place, with regard to all
their neighbours, merely because they might be capable
of thriving if they had such an exemption, would cer-
tainly not be reasonable. To render such an establishment
perfectly reasonable, with the circumstance of being re-
ducible to strict rule and method, two other circumstances
ought to concur. First, it ought to appear, with the
clearest evidence, that the undertaking is of greater and
more general utility than the greater part of common
trades ; and secondly, that it requires a greater capital
than can easily be collected into a private co-partnership.
If a moderate capital (Doctor Smith adds) were sufficient,
the great utility of the undertaking would not be a suffi-
cient reason for establishing a joint-stock company ; be-
cause, in this case, the demand for what it was to
produce would readily and easily be supplied by
private adventurers." The entire of this reasoning
is strictly applicable to the establishment at Lloyd's,
as at present existing, and the proposed Companies
to he placed in opposition to it. If, as is asserted,
and we believe truly, insurances are now effected at
Lloyd's with perfect facility, and to any amount, by indi-
vidual subscription, and at moderate premiums, we see no
necessity for any change, or any reason why large Com-
panies, with any peculiar privileges, should be established
by the sanction of the Legislature, who may ultimately
make a monopoly of Marine Insurance on their own terms,
raising the premiums far above their present rate, and de-
stroying all competition by individual underwriters, by the
force of inflnence, and numbers joined with large capital,
which may be largely risked for a while, to answer their
ultimate purposes of monopoly and aggrai.disement.

•
Lord Lauderdale 'a BM to repeal the Acts of the late
reign, relating to the wages of persons employed in the
manufacture of silk, and of silk mixed with other mate-
rials, has been printed, after passing the ordeal of the Upper
House, awl is now before Ls. We can discover nothing in'
this Bill to create the alarm betrayed by the body of jour-
neymen silk-weavers who attended the discussion with so
much anxiety. The Acts which interfered with the silk
trade, and compelled a certain rate of wages, were equally
impolitic and unjnat. " Laissezjirire" is the best rule on
these occasions. The produce of labour constitutes the
natural recorapence or wages of labour, and will almost
generally ensu. e an adequate return. It is true the com-
mon wages of labour depend everywhere upon the contrast
usually made between two parties, whose interests are by
no means the same. The workmen generally desire to get
as much—the masters to give as little as possible. The
former are disposed to combine to raise—the latter to
lower the wages of labour. The latter, however, under
the past system of the Combination Laws, must on tnost
occasions have had a decided advantage, and been able to
force the workmen into a compliance with their wishes.
The masters, being fewer in number and more wealthy,
could combine with greater ease and effect, and the law did
not prohibit their combinations, while it denounced those of
the workmen. There have been no Acts of Parliament against
ecmbining to lower the price of work, while many have
been passed against combinations to raise it. In all dis-
putes of this sort, too, the masters can held out much
longer; the master-manufacturer may tint' other work-
men, or even if his trade auntie still he could generally
live for a long time on the property he had already ac-
quired. Many artisans could not subsist a week, and few
for many months, without employment. The workman
in the long run may be as necessary to his master as the
master is to him ; but the necessity of the last is not so
pressing or immediate, though, in disputes with their
workmen, masters must generally hare the advantage.
There is, however, a certain rate, below which it se-ins
impossible to reduce for any time the ordinary wages of
even the lowest specks of labour. An artisan must
always live by his work, and his wages must at least be
sufficient to maintain him. They must even amount to
something more, otherwise it would be impossible for him
to maintain and bring up his family ; when, in any
country, as in England at present, every year furnishes
increased employment for a greater number of artisans
than had been employed the year before. The workmen
have nothing to fear on the score of wages. The want of
hands occasioirs a competition among the masters, who
bid against each other to obtain workmen, and thus in-
voluntarily break through the understood combina-
tion against raising the rate of wages. The demand
for those who live by labour and its produce, ne-
cessarily increases with the revenue and stock of every
country, and cannot possibly increase without it. The in-
crease of revenue and stock is that of national wealth;
the demand for thole who live by wages therefore rises
with the addition of national wealth, and cannot go on
without it. The liberal reward of labour, as it is the n, -'
ccssary effect, so is it the natural symptom, of increasing
national wealth. Servants, labourers, and workmen t f
different kinds, make up the far greater part of every great
political society, and no society can be flourishing or
happy where a number of its members are poor and des.
titue. The liberal reward of labour increases the in-
dustry of the Rrtisan ; industry, like every other human
quality, improves in proportion to the encouragement it
rece:vcs. Where wages are high, we always find the work-
men more diligent, active, and expeditious, than where
the rate is low. It frequently happens, that while high
wages are given to workmen in one manufacture, those in
another are obliged to be content with a bare subsistence.
The one is in an advancing state, and has therefore a con-
tinual demand for new moult ; the other is perhaps in a

On Wednesday night, soon after ten o'clock, his Majesty
arrived at his palace in Pall-mall, from iVindsor.
Yesterday afternoon, about four o'clock, his Majesty
left town in his travelling carriage and four, on his return
to Windsor.
The Duke of York and the Duchess of Gloucester paid
visits to the King yesterday.
Yesterday the I)uchess of Kent, the Duchess of Glou-
cester, and the Princess Feodore, visited the Duchess of
Clarence.
Prince Leopold arrtvcd in town yesterday evening from
Carernont.
Yesterday afternoon, at two o'clock, a Cabinet Council
was held at the Foreign Office, Downing-street, which was
attended by the Lord Chancellor, the Duke of Wellington,
the Earls of Harrowby, Liverpool, Westmorland, and
Bathurst, Mr. Peel, Mr. ('anning, the Chancellor of the
Exchequer, Viscounts Melville and Sidmouth, Lord Bex-
ley, and Mr. Iluskisson. The Cabinet sat iu deliberation
till about four o'clock.
The venerable Bishop of Durham on Wednesday cow.
pleted the 90th year of his age. His Lordship not only
enjoys good health and eye-sight (not using spectacles),
but, agreeably to his uniform practice, is most actively em-
ployed in various acts of benevolence.
In consequence of the death of Henry Peirse, Esq. a can-
vas has taken place for the borough of Notthallerton,
in favour of M. Iteciford, Esq., a relative of Admiral
Sir John Bere•ford, who married Miss Peirse.—Hall
Packet.
In our City article it is mentioned that an Express has
arrived from Paris with the account of the King of Por-
tugal having gon.t on board the Windsor Caul.% \Ye
know not what truth there may be in this report, but we
can positively state that no advice. to that effect have been
`received at the Fot e en Office.—Courier.
On Saturday the French Chamber of Deputies was oc-
cupied with the continuation of the discussion on the ad-
missibility of Mr. B. Constant, who was himself heard at
the close. Ile terminated his speech by an appeal to the
Chamber. The result was favourable. The scrutiny was
secret. The number of voters was 352 ; white halls for
the admission, 211; black balls, 169. The President then
proclaimed M. Coustant a Member of the Chamber.
The following extract of a letter from the Agents to
Lloyd's, at Genoa, dated the 15th instant, is calculated to
allay the uneasiness which the recent intelligence from
Alexandria excited in the commercial world :—" Informa-
tion has arrived at Malta, stating that the Admiral, pre-
vious to his sailing for Algiers, bail received intelligence of
the are ival of a squadron of men of war at Alexandria, and
hail sent off one of his cruis?rs to reconnoitre them."
SCILNCE OF ILDICINIC IN GFUMANY.—The last de-
livery, completing the first volume of The Bulletin des
Sciences Medicates for 1921, add which appeared the end
of April, contains, among other curious articles, a notice
by the Learned Doctor Koreff, on the use of bellationy, as
a preventive of the scarlet fever. 1)octor I lanneman, anc-
titer German physician, having ohs:vied, that the venom-
ous effects of belladony produced the same symptoms as
those of the scarlet fever, concluded, according to a (loco ine
peculiar to himself' in theory, that la helladune, taken in
small doses, should be a remedy against that species of
fever. 1)octor Koreff, although he does not admit into
medicine absolute doctrines and exclusive theories, remem-
bered the observation of his learned countryman, during an
epidemic scarlet fever (or measles) which he was called
upon to treat some years ago, proved front experience, that
although the bellatlony was not a certain cure, it was a
preventive, if administered in a certain form and dose, in-
somuch that the closest contact with the person affected
with the contagion was absolutely without danger, if the
precaution was taken in time ; and even if taken too late
to prevent the disorder, it would not fail to moderate, in a
singular manner, the violence of its attack. This experi-
ment is particularly valuable for the north of Europe,
where this malady frequently rages, and it may be hoped
the small-pox will not be the only infection mitigated by
this discovery.—Paris Puler.
NEWS FOR Tlla BEM' NIONDE.—A private gentleman
, is at:this moment actively engaged in preparing a novelty to
!entertain the fashionablea next season, intending to open
Ihis house with Sunday evening assemblies. IVe under-
stand that it is exclusively for the haul tun, who are to be
entertained with sacred music, and that to gain access to
these parties will be far more difficult than it now is to be-
come entitled to the entre at Almack's. The expenses
(which will be very great) are to be defrayed by subscrip-
tion tickets for the season, not generally transferable, and
limitel to two hundred or two hundred and fifty only
in number. When we bear that none but those of the
greatest eminence in the musical profession are to be intro-
duced, and that those enchanting warblers, Miss Stephens,
Madame Ronzi de Beguis, Madame Vestris, &e., with
Mr. Ruben), Mr. Sapio. Signors do Begnis, Garcia, &c.
are already engaged, and are to appear every evening,
aided by other vocal stars ; and also that Sir George
Smart has undertaken to ditcct the instrumental depart-
ment, assisted by those who are esteemed as professors
only, we certainly may look forward with confidence for
a mat delightful as well as moral and innocent entertain-
ment, to close that day set apart for religious exercises. It
is stated that oratorios, and other sacred music, as yet
totally unknown in this country, will be produced. A
programme of each evening's selection is %o be arranged by
Sir George Smart, Mr. Braham, and Signor de Begnis,
which will be submitted for approbation to a Committee of
five Noblemen and Gentlemen distinguished for their taste
and judgment in enUsic.

declining state, and the superabundance of hands is there-
fore continually increasing. But all lezislation regulat-
ing wages in particular trades and places is impolitic and
id-conceived. Thus ore particular Statute, the sth of
Geo. 111., prohibited, nutter heavy penalties, all master

tailors in London, and five miles round it, from

giving, and their workmen from accepting, more than
two shillings and nevenpence halfpenny a day, ex-
cipt in the case of a general mourning. In ancient
times, it was -astral to attempt to regulate the profits of
merchants and other dialers, by fixing the prices of both
provisions and goods. All interference of this sort by sta-
tutory enactments is arbitrary and impolitic. The silk
trade in this country will, in a few years, we have no doubt,
b: come one of the most prosperous branches of our manu-
facture, and the demand will regulate the rate of wages of
the workmen, by a mutual understanding between the ma-
nufacturer and the weaver. Lord Lauderdale's Bill re-
p.uls all the Acts of the last reign, including the 13th,
32d, and 51st of Gco. 111. empowering Magistrates to
settle and regulate the wages of persons employ( d in the silk
institiCicture within their respective jurisdictions; and
also repeals the 19th and 20th Geo. I I 36th, toth,
and soth of th^ same reign, passed in Ireland for the better
regulation of the silk manufacture. The marker manufac-
turers and weavers will, we are convinced, very soon ac-
-I:nowlvdge the wisdom of this repeal, and the latter will

speedily see bow groundless was the alarm excited among
them by a prudent and well-considered measure of this
description.

We refer to an article on Marine Insurance in our co-
lumns this morning, in which the question of a change in
the present system, by which sea risks are insured against,
is very ably, arid, we think, very convincingly argued. It
states the present rate of premiums to be lower by one
third than was ever known before, in this or any other
country. To make insurance either from fire or sea
risk a trade at all, the common premium must be
sufficient to compensate the common losses, to pay the
expanses of management, and to afford such a profit
as might be drawn from an equal capital employed
in say other pursuit. Though some individuals have
made money by insurance, very few have accumulated