The National Register.
London, England, 1819-07-05 00:00:00

796e1TRIS ROYAL, 11111,71 Y-LASE..

On Situnlae. at two rieloelt.,a Meeting of the Proprie-
tor: look place in the Grand Se 10.11: it was- expected to
have born the last upon the sobject. but
Mr. CALCRAFIr

lusting been -culled to the Chair, read the Report of the
Select C.tinmittee, which slated—
That when the Select Committee gave directions to ad-
vertise the present Meeting they had no anticipation be
y nod ,s .I.s,lialge of their rimy, by rendering up to their
constdoeiris the power with which they had invested
them. and of declaring then failure iii their etrorts to place
the Theater nure tome on a ground which might justify
hope ; irons a meeting of the New Retiters,.however, which
took place on Friday. brighter prover:ter had arisen.—
those Gentlemen, had not ois;s consented unani ttttttt sly, to
give up their arrear of claim, amounting to £16,000, bust
lied added the relinquishment of all claims for tour.yeata
to come, which to. turd the same sum, making together a
sacrifice on the part of the New Renters of !+:2,000;
the only boon they a•ked in return fur such liberality was
a power to take their Rents alter the expiration of these
four years, by levying distress in case of a further defal-
cation of payment. After 'toying a tribute to this gene-
rosity on the purl of the New Renters, the Report itated
that tile arrangements wills the Bond Hold. us had out
been concluded, but that their at:C. 551015 T 4 the propoq-
lion Width thud been made to them of merit to 101 l of
their demands at distant periods, had nut yet tern re-
ceived, bust was expected : that the Tradesmen of the
Theatre haul professed their readiness to join in airy
measure for its benefit, and that if the proposed arrange-
ments could he matured, the concern would at once have
the demands upon it reduced from .1.90,922 to .i1e,500.:
that in four )calS the New Renters would be its toll re-
ceipt of their Annuities, and that in 10yea,s a dividend to
the Proprietors might be confidently expecteo after (hav-
ing paid off al the Bond-Holders. After reading the Re-
polio he Chairman briefly pointed out to hie meeting, that
the benefit arising fi um toe redemption of the 'flivatre
tiom its present difficulties ought not to be con,islered by
the Proprietors as delayed fur ten years, because :bey
would receive no dividend during that time, for loom the
meat the arrangements were completed and the 'flies
tie let, the shares which were now .of only nominal value
would become of initinsic worth, and he doubted not
they might progressively reach their ostensible price.—
After comp( the runcificence of the Mince Re.
gent's subset iption, the Chairman sat down, when
Roans rose and said. the object of the Misting
had been slated by the Chairman with so much precision
and perspicuity as to have little to be added by any one
else; there were, however, two or tin en points which ap-
peared to have escaped the Chairman, w hash he should
trespass on their time to enfotee. ( Hear, hear.) la the
first place, it hail been treated that a new Act of Partin.
went might be necessary before any thing comb be legally
achieved: the Select Committee had taken an opinion,
and were assured that such was not the case, though, sou-
sequentiv, additional enactments nsight be desirable.—
Mr. Robins, then, with much delicacy cad feeling, touched
upon the ribd ttttt s of those employed in the Theatie,:
which, lie Una, were to such an extent that he would not
excite the feelings-of the Meeting by going into the parti-
culars of.. These palsies were wholly guiltless of the
present poverty. of the Concern, for to the Committees,
and to then only, were altsibutable all the difficulties,
poverty, and disgraces which hail been heaped impost it
eve r since thr it unfoi filtrate, arid, he believed, bow ge-
nerally irgietted appuindnent, " Now," said Mr. R.
" e.aetitri Ilion their domination, tinder a Legitimate Ina-
nageno lit of the Proprietors, Drury-lane may once mote
',tooth, hold tip he r head, nor be forced to shrink !torn
comparison with her brilliant rival : but to dirndls all most
aid—it trea.e, to become a evocation of ebutee;it locum('
one of necessity, and is neither more nor less as proposed
to each Proprietor than whether he wdl possess apiece of
waste paper ore good positive vendible ps opts ty." lie
wished I. remind die Me ...flog that these subsea iptiuns
were tun donations, but inertly wed secured loans, and be
looked confidently to the tilling the list of Subscribers to
the required amount in the next fourteen days, to which
time it was intended to exteiid the labours of the Select
Committee. Much must be done before dist Theatre
could open—nut only decorations were nulling, but h
was writ-oiled to snake great afire ntions, and lin time was
to be lust, as it ought to open or tier lOth of Septendier,
to avoid giving an advantage to Covent Garden. Mr.
Rubins sat flown solid peal. of applause, alter which
. .

Mr, P.AIR Y Addressed the Clsgarsisrri, bat was entirely

A resolntion was then moved, seconded, and azrecil to
nneninteasly, 11141 the rowers of the Select Committee be
cor.liiisteil to the 1 7111 Inetant, on which day, at '2 o'clock,
onoilart tiettesel Meeting of Proprietors be tit the
Theatre.

Thanks were then moved lo the Chairman. tt lin retained
Ws adman Irdgmento, and the Met tie% broke sap.
Belore we left the nuns, the total of the subscription
was •C10,22n.

JULY lb.

We sincerely hope that the future prosperity of the
Theatre may be firmly established by the fillinttup the
Loan-subscription list, and howeve♦ violently we may
have opposed the procradings of the Sitirerminitters
throughout, those who know us will credit our assertion,
Gila it was ail opposition to the idiocy of their plans,
and not oue of milignitv towards au establishment, the
Stleetilll of which must lie a matter of anxiety.to ever"
one Oi LtSit.