The Sun.
London, England, 1839-01-30 00:00:00

THE FEBRUARY NUMBER OF

THE UNITED SERVICE JOURNAL,
AND
NAVAL AND MILITARY MAGAZINE,
Will contain, amongo' other Papers:—
An Account of the Pitch or Naintive of the 'Discovery of the
Asphalte Lake, in the Island Island, including the. Naval
of f rinidasl, with Observations Force, of the Owhyisitsosians.
en its present and prospective Leaves from my Log-book.
Utility. By a Physician. Memoirs of Edward S. Costello.
On Nautical Inventions The Canadas. By an Old Mili-
A Sketch of Affairs in the East, tary Settler.
with reference to the present The present insufficient comple-
crisis. ment of our Ships of War—
The Southern Coast of Arabia; Manning the Navy—and Na-
and further Vindication of vigation Laws.
Abyssinian Bruce. By Lieut. Hostilities in India and Canada
J. R. Wellsted. Examinations at Addiscombe,

Decline of the Turkish Empire.
Civil Engineering in America.
By Captain Basil Hall.
.Henry Colburn, Publisher, l

&c.
With all the Naval and Military
Intelligence of the Month.
3, Great Itlarlborouga-street.

THE FIRMS OF TAYLOR, SON,
AND GIBSON, AND. BROWN AND POWELL.

A statement having.appeared In the Newspapers that the District
Bank have written off a loss of 375,0001, in consequence of the stop.
page of. two firms, Taylor, Son, and Gibson, and Brown and Powell, the
latter consider it a duty they owe to themselves to put their friends in
possession of the leading facts of the case, as affoc•ing them.

On the Sth October, 1836, the Bank required B. and P. to furnish
them In the course of the day with a statement of their affairs, and
which was prepared on the instant.
On that slay Brown and Powell were indebted to the Bank about
57,100/., and the Bank held securities on their freehold property, and
one hundred Bank Shares, valued by Brown and Powell at 51,8601., and
by the Bank at 40,0001.
The. Bank on that day resolved to pay off all the outstanding accept-
ances and engagements, and to take the entire control of the concern out
of the hands of B. and P., requiring them to devote the whole of their
time and abilities, in further carrying on the business, for a remunera-
tion of 250/. each per annum.

In February, 1837, in furtherance of the above arrangement, the firm
of Brown and Powell was, by the direction of the Bank, dropped, and
the new one of" The Grove Mills Co." substituted.

The Bank directed that a Stock Account should be taken on the 18th
August last, and it appears from it, that the amount due to the Bank
from the estate on that day was

Less by monies in the hands of the Bank, by payments
from the Spring Vale Printing Company 38,940 12 1

Total debt £9.49,443 16 2
Deficiency
111E-Nf.—The freehold securities and Bank shares which were
valued by B. and P. in 1836 at 51,8601., arc in the above ac-

count estimated by the Bank in August last at 22,516/ 4s.

On the 3d October last Brown and Powell were called before the
general Board of Directors in Manchester, (Mr. Crossfield being the
chairman;) and informed that the Bank had determined that their affairs
should be wound up and closed; and subsequently B. and P. applied for
their release, to which they were entitled by the conditions of the
Deed of Inspection.
On the 25th of October they were served with a notice that an at&
davit of debt 60,0001. had been made by the Bank Manager, and filed
in the Court of Bankruptcy; also embodying a demand of payment
within twenty-one days, as the foundation of an act of bankruptcy.
In order to prevent their being declared bankrupts, they petitioned
the Court of Chancery for an injunction.
• • -

Upon the 13th of November last an arrangement was made at
the Bank, in Manchester, by the solicitor for Brown and Powell,
and the solicitor for the Bank, and respectively signed by them,
to the effect, that the Bank should take possession of all that
Brown and Powell had in the world, and discharge all the trade as well
as the private debts, liabilities and engagements. Not Withstanding this,
on the 10th of December a fiat was issued and opened on the 15th De-
cember; but on application to the Court of Review, it was annulled,
on the ground that the agreement of the 13th of November was con-
clusive.
In pursuance of that agreement, on the 31st December last, Brown and
Powell assigned every thing they possessed in the world, and received
from the Bank the release, which is conditional that it is absolutely void
if Brown and Powell shall conceal and withhold any property to the
amount of 501.
Manchester, Jan. 211, 1839.

The herring fishing is still continuing in Lochfine,
and to all appearance bids fair to last the whole year round.
The alteration in the construction of the nets used in the
herring fishing in Lochfine now, as compared with those
exclusively used a few years ago, is almost as great as the
travelling by railroads is over the French diligence system of
turnpike road travelling. The nets used now are draw-nets,
having a large bag in the centre, and wherever the herrings
make their appearance the fisherman shoots his net, and con-
fines the fish till the tide recedes, and the fish arc taken with
very little trouble. The nets are called poaching-nets, and
have attracted the attention of some of the fishery officers, who
consider it a system of fishing that will prove destructive to
the herring fishery. In the mean time, the fishing is prose-
cuted with 'great advantage by a few individuals, who have
made several hundred pounds to the good since the regular
fishing was finished.—Glasyow Chronicle.
AN ISLE OF WIGHT CHEESE IN ANIERICA.—
Sile CKING ACCIDENT, TWO MEN KILLED !!—Captain White,
of the ship Potomac, on his arrival out from England, pre-
sented a valuable Isle of Wight Cheese to his old friend
Mr. John Adams, of Vermont, who found that though it was
small, it was desperately hard, for it appears that these wary
Islanders secure its valuable contents from the rats with which
their Island is very much troubled, by a thick coating or
rind, which honest John found proof against his attempts at
cutting in the common way, he therefore placed it edge-
ways on his breast, and taking a sti ong Bowy knife, on put-
ting his right hand on the handle and his left on the back
near the point, he pulled with all his might, the knife slipped
from the flinty surface of the cheese, cut John in halves,
and also his son. a lad of eighteen, who from fear got be-
hind his father ! !! Vermont U. S. Gazette.

A PROOF OF INSANITY.—A young man was
on Monday brought before the magistrates at the Kensington
Petty Sessions to be paned to Hanwell as a pauper lunatic.
llk answers to questions put to him appeared rational enough,
arid among others he said he disliked going to the asylum
because restraint did not agree with him, and he wished for
his liberty. Sir John Scott Lillie remarked upon this (ac-
cording to a report), that the young man's distaste to the place
in question was a great proof that he was insane. Ultimately
the poor fellow was sent thither.
STEAM.—If the wild tribes of Lake Huron were
even at this moment to be told that the white man's recipe for
conquering the waves of the great lake before them was to
take up a very small portion of it and boil it—if, sixty years
ago, Dr. Johnson had been told (as, exhausted by a hard
day's literary labour, he sat ruminating at his fire-side, waiting
for his favourite beverage) that the tiny volume of white
smoke he was listlessly gazing at, as it issued from the spout
of his iron tea-kettle, was a power competent to rebuke the
waves, and to set oven the hurricane at defiance—the red
children of nature would listen to the intelligence with no
greater astonishment than our venerable lexicographer would
have received it On salt water as well as on
fresh—reeking and fuming under the line, as well as freezing
in Canada—on crowded rivers, as well as on those whose
shores are desolate—on large streams as well as on small
ones—in bays, harbours, friths, estuaries, and channels—on
the small lakes of Ireland, Scotland, and Switzerland—on the
large ones in America—on the Red Sea—on the Black Sea
—on the Mediterranean—on the Baltic—in fair weather, in
foul weather—in a calm as well as in a hurricane—with the
current, or against it—this power, when tested, has most
successfully answered the great purpose for which it was be-
neficently created ; and it is impossible to reflect on the thou-
sands of human beings who at this moment are being transported
by it; it is impossible to summon before the imagination the
various steamers, large and small, which, in all directions,
in spite of wind and weather, are going straight as arrows
to their targets, without feeling most deeply that after all
there is nothing new in the discovery that " the spirit of
God moves upon the face of the waters."— Quarterly Review.
Yesterday morning, soon after seven o'clock, a little
girl, six years old, named Jane Edwards, whose parents live
in Compton street, Soho, set fire to her clothes whilst blow-
ing the tire during her mother's absence, and before the
flames could be extinguished the girl was so severely injured
that she died shortly afterwards.