The Sun.
London, England, 1849-04-17 00:00:00

GAS-LIGET AND COKE COMPANIES.
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
X. s. d. Z. d.
British ••••••• • • • • • • • 11. 40 0 0 18 0 0 14
Ditto Provincial.. 11. Bs. 20 0 0 19 0 0 18
Bristol ••..• • • • 161. per cent. 20 0 0
Brighton •• .• •• • • 6l. per cent. 20 0 0 16
City of London .. •• •• 101. 100 0 0 100 0 0 250
ContinentalConsolidat. 925. pr share 60 0 0 39 6 0 25
Equitable.... •• .•• • • 455. pr share 50 0 0 50 0 0 32
Imperial ....... ••• .• 61. per cent. 50 0 0 50 0 0 66
Independent ....... • • 61. per cent. 40 0 0 40 0 0 6234
London• • 5O 0 0 50 0 0 1234
50 0 0 50 •
Phcenix 51. per cent. 50 0 0 46 0 0 24
Ratcllff 5/. 100 0 0 90 0 0 7b
United General ...• • • 4361. pr cent. 50 0 0 50 0 0 124
Westminster chartered 31. 50 0 0 49
Ditto, New • 12s. 50 0 10 0 0 9%
CANALS.
• .
Names of E I Dividend Names of r, Dividend
Companies. per Companies. 0 A er ~.„„e.
.a it 2 nnp
um.
, Annum.
---- - -
£ LI
Ashtn & Oldh 97 71. - Macclesfield. 1001 21. 10s. -
B trnsley •. • • 160 121. 180 Neath •.• • • • 1001 18/. 340
lirknk&Abrg 150 5/. 85 Oxford.. •• • • 4001 201. 165
Birmingham 35 41. 81 Peak Forest. 78131. 18s. -
Coventry...• 100 25/. 2to Regent's • 33 1/. ss. 1834
Derby ••• • • 100 61. 63 Rochdale.. • • 85 41. 54
Ellsnire&Chs 133, 665. 40 Somrset Coal 450 71.105. 130
Erewash 1001 321. - Do.Lkl'dSt 12 61. p. c. -
Grand.l unctn 1001 51. 80 Stffrd &Wore 1401 28/. 310
ilrandSurrey 100, 21. 30 Shrewsbury.. 125 151. -
Grand Union 100 11. 10s. 24 StourbridgQ.. 145 201. 285
Grantham • • 150 - - Severn andl
Kennt fa ATII 39, 7s. 6d. 5% Wye Rail. j 26 V. 03. 25
Lee-is& Livrp 100 301. 320 Warwick&l
Leicester .... 140 61. 63% j 100 41. 50
Leicstr &Nth 83 41. 45 Warwick& 100 31. 41
Louzhhorogh 142 701. 620 Napton..
Monmouthsh 100 81. - Worcstr &I
Mntgomrysla 100 - - Binning. 78 21. 41
MeltnMwbry,loo - - Wilts & Brks - 11. 10
LEST OP SCOTTISH COMPANIES' PRICES
Dividend Amount
Name ef Company. per of Paid. Price.
Annum. Share.
-- -
£ s. d. X 5. d
Bank of Scotland
British Linen Company 81. par cent. 100 0 0 100 0 0 192
Caledonian Bank
City of Glasgow Bank . 61. per cent. 10 0 0 10 0 0 11
Clydesdale Bank • .• 634 per cent. 20 0 0 10 0 0 12%
Commercial Bank •• •• 71. per cent. 500 0 0 100 0 0 151%
Eastern Bank.. ••• . •• 61. per cent. 25 u 0 10 0 C 9/. 7.
Edlnblc Glasgow Bank 61. per cent. 5 0 0 5 0 0 534
Egehangeßnk of Scot 4/. per cent. 100 0 0 50 0 0 32
Isle of Man. Company 71. per cent. 10 0 0 7 0 0 -
National Bank 633 per cent. 50 0 0 10 0 0 13%
North of Scotland Bank 41. per cent. 20 0 0 5 0 0 31.17 c.
North British Bank • • 50 0 0 10 0 0 4. s.t;cl
Royal Bank of Scotland 5/. per cent. 100 0 0 100 0 0 116
union Bank of Scotland 81. per cent. 100 0 0 50 0 0 804
Western Bank •• • • 81. per cent. 50 0 0 50 0 0 73%
Aberdeen Fire and Life 7341. pr cent. 12 10 0 20 I 24
B. Accord. Life and Fire 20 0 0 011 0 9s 6d
British Guarantee Ins. 4'. per cent. 10 0 0 1 0 0 lis
Caledonian Fire Insur. 101. per cent. 100 0 0 10 0 0 21
Church of England Ins. 60 0 0 2 0 0 2
City of Glasgow Life 6l. per cent. 25 0 0 2 0 0 21. 11s
Edinburgh Life Insur. 61. per cent. 100 0 0 12 10 0 1736
East of Scotland Life lO 0 0 015 0 Bs.6d.
Eng. & Scot, Law Life 51. per cent. 50 0 0 217 6 '46s 6d
Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 12
['tsar. Co. of Scetlnd • • Si. per cent. 100 0 0 10 0 0 7
Life Assoc. of Scotland 51. per cent. 10 0 0 1 0 0 1/. 6.
Mercantile Life .. • • 10 0 0 010 0 3s. Od.
National Fire and Life 5/. per cent. 10 0 0 1 0 0 1203. 6d
North British Incur. 5341. pr cent. 200 0 0 20 0 0 1 224
North & West of Scot. 61. per cent. 10 0 0 1 0 0 1175.6 d.
Scottish Life and guar. 20 0 0 011 0 1 ss.
Scot. Dias. and Gen. Life 1 0 0 015 0 108.0 d
Scottish Union Insrnce. 641. pr cent. 20 0 0 1 0 0 11. 2s
Standard Life •• • • . 51. per cent. 50 0 0 5 0 94
United Dep. Assurance 51. per cent. 10 0 0 0 155.0 d
MISCELLANEOUS.
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
d. e. 4.
Australian Agricultnrl 100 0 0 30 0 0 -
Anglo-Mexican Mint ll. 4s. 10 0 0 10 0 0 -
Ditto, Half Shares 2 10 0 • -
Canada ... • • .... •• GI. per cent. 100 0 0 32 JO 0 31
Uppr Canada Bondi 51. per cent. - 88
City Navigation
Comp.Cppr Mergng 5l. percent. 100 0 0 70 0 0
Gen. Revers. & Invest sp. bs, 2/ 100 0 0 100 0 • 90
Equitable Reveralenry si. pr cent. 160 0 0 100 0 0 96
Gen. Steam Navigation 11. Bs. 15 0 0 14 0 I -
London Institution .• . 78 15 0 -
Russell Institution 26 6 0 3
Peninslr& Orient.Stm Bl. per cent. 50 0 0 50 0 0 68
Reversionary Int. Soc 4341. pr cent. 100 0 0 100 0 0 90
Royal Mail Steam 6l 18..4. p. c., 100 0 0 60 0 0 54
South Australian . 11. per share. 25 0 0 25 0 0 16
Tan Dieman's Land 100 0 0; 23 0 • -

IMPERIAL PARLIAMENT.
HOUSE OF COMMONS, April 16.
COLONIAL EXPENDITURE.
Mr. SCOTT (in continuation from our Third Edition)
said—The Colonial-office was responsible for all the evil
which had accrued through the misadventure of the
system which they had adopted, and he must say that
the actions of the Government did not all square with
their professions. The Colonial Gazette, of a recent
date, informed them that 2,000,000 had emigrated from
the United Kingdom to the colonies in twenty-four years.
Now, he would ask where were they gone to? Why, the
population of the whole of the colonies did not amount
to 2,000,000; they had gene to the United States, the
emigration to which, in the last twenty-four years, was
from 40 to 60 per cent. from the United Kingdom, and
the emigration to these States in one year, equalled the
whole of their population in the Australian settle
ment ; 188,000 persons, out of 248,000, emigrated
in the last year to the United States. The govern-
ment of the colonies was a government less of
affection than of force.—(l.lear, hear.) The import..
ance of the colonies to the British Crown could not be
too highly rated ; it was the empire of the sea that
gave them their colonies, and it was the possession
of their colonies that secured to them the empire of the
sea. He could not but refer to their garrisoned colonies
as of great importance, and as much neglected. He
would take Malta, for instance. Now, as well might
they select the Lord Mayor of London to fill the office
of Commander-in-Chief at the Horse Guards, as Mr.
More OTerrall to fill that of Governor of Malta, with
5,0001. a year. No doubt the Hon. Gentleman could
sleep very well, but to make him Governor of a great
military post like that of Malta was, he apprehended,
not very judicious. They had lost the best colonies
which they possessed by the impolicy and bad adminis-
tration of the Colonial-office, and those colonies which
they had Maned from other powers, they had you by

cm:pest, and nit by any acts of the Colonial Govern'
went, which could not claim any credit for the acsitiisi-
tit nof those colonies. It was but a little time sines
they gave up Vancouver's Island to a company whose
course of policy was rather to depopulate than populate.
That island was enriched with iron, coals, &c.. and yet
the Government gave it up to such a company as he had
described. If they looked at the policy of the coeinis'
department, in relation to the colony of Jamaica, the/
found its fruits in the bankruptcy, disgust, and bad Reis
ing which that policy engendered, all arising from the
bad faith which had been kept with the colonists. There,
then, the t ffects of the colonial policy were most loath'
some.—(Hear, hear.) He feared, if the House did n°l
lend its assistance to cement the colonies of this great
empire with the mother country, that it would take such
a course as would lead to the dismemberment of its
integrity.—(hear, hear.)
Mr. HAWES said that he felt it to be his duty t°
oppose this motion, as being unprecedented and as
being adverse to the interests of the colonies is
general. He, therefore, wished to take a glance st
the colonial system as it at present existed, Ana
place it before the House as it really was. He would
first allude to the Executive Ceuacil of Goverment
in Cervida, New Brunswick, Nova Scotia, and Prince
Edward's Island, and felt it his duty to state, that
the Colonial-office rarely interfered with those Govern'
meats except in cases of trade; but in cases of trade and
matters belonging to the Crown, he believed that it
would be generally admitted by the House that the Crown
had a right to exercise its veto. Again; he should sal
that there were other representative Governments in
which a totally responsible authority did not exist, .he
alluded to the West Indies. Yet Jamaica had full sod
uncontrolled power over its own taxation and expereb'
cure; but with regard to Trinidad, it was well known t°
the House, that when that colony represented that their
revenue was less than there expenditure, that the 10r
perial Government agreed according to their suggestions
to reduce the officers in that colony. He would snake no
further allusion to Guiana than to state that Lord Grel
informed that Government, that he would reduce th:
salaries when these matters were properly beetle'
under his consideration. He should also say that the
representative bodies in Guiana and Trinidad were 0°:
popular assemblages, for they consist for the most part
of merchants and absentees, who have the privilege 1'
voting by proxy, and therefore that the Crown had
right to exercise a controul and to act as an arbiter he:
tweeze the two parties, the aristocracy and the emetic°
paced natives; and with regard to the latter class be coo'
aidered it right that the Crown should exercise a al
and salutary control and protection over
them, tresilif
they advanced more is intelligence, and information. 'es
the forty-three colonies, twenty-seren had representati'l
institutions, and there were nineteen which had act
repro sentative Governments. British Guiana might e'
classed under this head, as having an actual Govers:,
ment, though as yet very imperfect; but which he hoped
would be ere long very much improved; and tb,el
Lilian Islands had also a representative Govern:On"
founded on the treaty of Vienna, with a free pre'
and other auxiliaries. Then there were 16 colonies'
such as St. Helena, Ceylon, the Mauritius, and othe°
which, from the small number and character of tbl,
population, were not as yet fitted to be entrusted eri;d
the management of their internal affairs; for ho west
ask, was Ceylon, with 1,500,003 Asiatics and 4,000 Pr'
ropeans, fitted to govern itselt? Thus, on the 1006
there are 27 colonies enjoying representative gover:i
ments and a free press. He contended that the imper',o
policy of this country must be carried out according
the resolve of that House, and that, therefore, it
most unjust to attribute to the Colonial Office a e',.;;
content at home and in the colonies for which Pt;
House, which was the organ for the abolition of sr;
very, was solely responsible, be it for good or be it ',,°;
rn
evil. Who, he would ask, supported and carried out t"
abolition of slavery ? It was the House of Cotolitl,"
Then why attack the Colonial department for carrell
out the resolve of the House of Commons? When tits
House resolved, after many debates, that s,
policy of free trade should become the policy of the
country, he would ask, did tot that policy affect to
trade and condition of the colonies ? and were net Iva
very persons who then advocated most strongly
th
measure of free-trade, the most prominent in attaclo":
the Noble Lard (Lord Grey) at the head of the Col°
nial Department? Such attacks he considered to
most unfair and unjust, and particularly coming ir°
Hon. Members who bad been in some degree the OW,"
of those complaints. With respect to local self.goves
went, he felt confident that Lord Grey was as mueb„s
favour of that principle as any other person, and
the only obstacle that presented itself to him was !e
unfitness of some of those colonies. He would ask ;It
House would Ceylon, the Mauritius, and Guiana, w/b0
a coloured population of 2,600,000, and 8,100 whites,
considered to have the necessary elements for selfsg°,l
vernment. He thought he might venture to say, for
,
if the French Government had taken the policy P",„
sued by England as their guide, at the first reYo';";
tion, when they lost a most important
colon'
in the West Indies, such an event would not have
curred; or had it been a dependency of England,6
would have remained to that moment annexed to /0.
British Crown. There was another limitation to scot
government in their colonies, and that was. where gee
naval and military establishments existed the Crown reo
tamed its power and pre-eminence in regard to the 0
and every control necessary for those ettablishree,
must be vested in the Sovereign at home. With the";
restrictions he was for granting to all their colonies, if
far as it was practicable, or circumstances would sefe
permit, free government and representative asselnb,4l
04
to manage their own concerns. Haying thus ventured
to show their colonial system as distinct from cul°°lo
policy, he was justified in saying, that free iustitutile
were at all times conferred whenever the colonies 1,/,,ebi
in a state to uso them wisely and moderately. e
Hon. Gentleman next proposed to inquire into
financial relations between England and her coionr,,
but he thought that would be a task of great diffien'is
For example, grants had been made from time sof
time to assist the colonies. Eight hundred thous
pounds was given to the Mauritius some time sieoe
and a million to Ceylon; but these sums were °se
withdrawn, and the colonies required to assist theta
lves. The time was no doubt coming, when prcb,ool
all assistance would be withdraws, particularly thrsir
their West Indian colonies, where the salaries of the
governors were paid out of? the imperial funds; but the
could not be done at present, however desirable it mad
be, in consequence of existing distress. With reg7,o,
to naval and military establishments in the colo°',:s.
and the propriety of the colonies themselves trtir°"oo
ing an armed force for their own protection, thattdo
doubt, was a subject of great importance, and was ,he
dcr the consideration of his Right Hon. Friend sos
Secretary at War. Everything would be done thet
possible, but a Committee of inquiry would do nog td
in the furtherance of such a step. It was next /lie
that the patronage of the Colonial-office was veste"des
the aristocracy, but what was the fact? Except sir
office of Governors, every situation throughout tilifel
colonies aas conferred on the colonists thealiee
and persons appointed, not by the Colonials° fes
but the Governors of each of the colonies. ea
(Mr. Hawes) believed firmly that the opposition offt'el
to the Colonial-office in latter times arose in agi ep.
measure from persons who were disappointed in not grcl.
Ling those appointments to which they looked forel be
But then, why should not members of the aristocracy"
employed? And for his own part he hoped the day r.pie
never arrive when they would not be found taking
st'ille
fair share of those appointments at the disposal or 'le
Crown. Lord Elgin bad shown himself an able Ole,
nor and statesman in his administration of executive
partments in their colonies. Lord Harris had bee`
equally distinguished, and notwithstanding all that Wip
said, when 11,.n. Members read the dispatches on 'OO
subject, they would find that Lord Torrington WO e
able Governor, and showed himself as such in his 1,39
nagement of Ceylon.—(Cheers, and cries of " Oh,SPlde
That was his opinion from all he had seen of the P° Ip
Lord's administration ; and he had no hesitation to
avowing it. But then, except these three appointwePees
the governorships of their colonies were not es."o.
ferred generally on the aristocracy. The office of Goa
vernor of New South Wales was given to Sir Ober'o.
Grey, who, with Sir H. Young, and many other distills
guished persons, could not be said to have offices c°o.
ferred on them because they were of the aristocracy,
He contended that the most successful system of eTiss
gration ever carried on was by the emigration conlog
stoners to New South Wales. The mortality
the voyages was next to nothing. A sum of 919,100
was realised by the sale of land, the whole of which 'ill
appropriated exclusively to the colony. Half of it :10
devoted to colonial improvements, such as making ro
bridges, &c., and the other half in carrying on the $0
tern of emigration. A sum of 100,0001. was due tef,
ed
colony, and that was paid off. Another 100,000/, was ralbist
also, and that too was paid, and now a third sum t°
amount was about being raised, which would be clef°
to the purposes of emigration. b/•
Mr. SCOTT asked if these sums were to be Pala
the produce of land? the
Mr. HAWES replied that they were raised 00
the
security of lands hereafter to be disposed of ssod
colony. In 1846 the debt of 100,000/., to which be
_d
already alluded, was due, and Lord Grey, instes,l;ebt
stopping emigration at that time until the 'sae
and the consequeid.
was paid, encouraged it the more,
was as he had stated, that the money was now rerun
so
—(Hear, hear.) Another sum of a similar amount Who
also raised and expended, and a third now about t° ap
raised. He opposed the motion of the Hon. Gentled
because he deemed it unnecessary; because he ber' se st,
it would not attain the objects he had in view.
so
while he did this, he attached the greatest importaneeloo
the discussion raised on it, because it drew the Otero
of the House to the situation of their colonies, and in
manner in which they were conducted. He would Item
repeat, that the Colonial-office had to carry out too
policy of that House, and none other. The WO' go
• d ought to be met fairly, whether they wore determtned if
maintain in its integrity their colonial empire; s°olo.
they were they should pay for it. He believed the coot
nial empire had conferred great benefits on the nv,,),,bsy
country. They were their brothers in blood. •.'s,
ee
possessed all the tights of free-born subjects, and tecl
trusted the day would never come when England w°isle
deem it necessary to sever the connexion so long e$ •
ing between them.
Mr. GLADSTONE agreed with the Hon. Gent
who had just addressed the House, that no go°°
arise from granting a commission of inquiry into Co.
jects so complicated, because be believed such a "'soar
mittee would find its hands so overloaded with o,satest
plexity of subjects as to render it a matter of the grw'otild
difficulty to arrive at any satisfactory result. He osei
not, however, say that a Parliamentary Committee to she
not do some good, as for example, with regard be'
disposal of Crown lands in New South Wales. hi' et de'
hosed much might be said for such a motion; b_°, the
siring as he did that the attention of Parliament 1.170,5 e.
country should be brought to colonial subjects, °eau of
still unwilling to give his assent to a descriensostbss
inquiry which would not lead to anY, spa
factory result, Ile bad further the Indui"'