The Sun.
London, England, 1841-03-04 00:00:00

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LONDON, TttURSDAY, MARCH 4, 1,41.

EAST INDIA HOUSE, MAtteir 3, 1641.
WHEREAS, in pursuance of the By-Law of
the EAST INDIA COMPANY, Chap. 7, Sec. 6,
it is ordered—
" That a List shall ba published Thirty Days before the
Annual Election of Directors, containing the Names of such
Proprietors qualifiPtl agreeably to Law, as shall signify in writ-
ing to the Secretary their desire of becoming Candidates for
the Directors Thirty-tv:o days b,-fore such Annual Election,"
The COURT of DIRECTORS of the said COMPANY
do hereby give Notice, in order that the Proprietors may con-
form to the said By-Law, that the ENSUING, ELECTION
of SIX DIREcToRs f the EAST INDIA COMPANY
for FOUR YEARS is appointed for WEnNEsnAy., the 14th
of April in xt, and that such List will be published Thirty Days
before the said Election, as the above-mentioned By-Law
directs. JAMES C. IIELVILL, Secretary.

CFIILIAN BONDS.

A rreXtig if the holders of Chilian Bonds was held
yeq-o.cloy, at tao o'clock, at the London Tavern, Bishops-
gate-stre, t. G. 11. Robinson, Esq., the Chairman of the
Committee of Spanish Amcr:c in bondholders in the chair.
The CIIAIRMAN informed the wetting that it was as-
sembled f the puroose of taking into consideration the
new proposition if the Chilian Government far the ar-
r ald ?. tient of the overdue interest on the debt. lie had
the ca i ,f...etion of thing, able to i;,form the meeting that
tie faiatiecai of the Chilian RepuLie v..cre improiing, and
he must do the Noble Lord st the head of the Foreign
Department the juXr e to say, that although at a former
pet i )cl he (the Chairman) had thouglt he had not exerted
hi.nself .+s he cukht to have done for the benefit if the
bondiold.rs, he I e:ieved he was now doiog all they could
c'esi!.e of him—(l-fear, hear)—and that i.e would enforce
pa), moat of the claims as soon as he was satisfied the Chi-
lino Government should be able to meet them.—( Hear. )
These were consolatory circumwancis, and to none more
so than to the Committ.re, who had so long laboured with
so little &eat. lie was in possession of a se..y volu-
minous correspondence as to the progress of the
negotiations thtween Mr. CAdeleugh and fie Chi-
llers Government, which, after various proposals and
coon!er-p-oposal,, and after going through the terns of
exiiendiaina which Mr. Caldeleugh was permitted to do,
ha: br, ken oil', and Mr. Ca'dcleugh had at last made
a proposl], nct author sel indeed by the Commiq,Y., but
rese:ving powers for the bandholde:s to give or withheld
t'ae'r sa ietion to it. H proposal was, to capitalize the
e:r3 if interest at thr:e per cent. interest. The
payment of whieli should commence al:et. a period of fire
years had el..psed. The proposal was decliaed, and the
Chiliao Gi,ve'nment, at the te.-minatien of these long ne-
gotiations, had suboitted to him, the proposition they
a ere th,ln assembled to take into consideration. Tile
propasi,i Al was 'as follow; :-
1. Tire intereit hereafter due on t!,e loan cf five mil-
lions of dollars will Le paid in the form established.
2. The iotireit du-, and not pail, at the da e of the
arra,g,ar e it, v ill be Nadel at the tat: of
1 per me. year') for the first ten years.
2 cent. f r the ten falluwiug years.

c,,tahlishel to, pay the 3 per cen% stuck. Ile thou2Lt
Mr. Ca'dcleugh should be instruct_•d to apply to the Clifle
Governme.►t to sanction ita est►blisbmcnt.

The CHAIRMAN sAI the subject I.llJuld be taken into
cormnuniccCon, and c,.mmunicatcd to Mr. CAlclough.
A BONDHOLDER asked if the Government of Chile
.litd not :ective I a considerable sum from the Government
of Peru at the close of the list tt a-, on account of the debt
e.u, to Ecglarui.

SECOND COLONY of NEW ZEALAND.
The DIRECTORS of the NEW ZEALAND COM-
PANY li reby give Notice, That the SALES of LAND in
the NELt-,ON SETTLEMENT are now proceeding. Per-
sons desit,ig Allotments, and especially intending Colonists
wishing to :enure Preliminary Orders for Town and Suburban
Sections, :re recommended to make early application, m one-
third of t1..3 Lands Advertised for Sale are already disposed of.
By order of the Court,
JOHN WARD, Secretary.
New Zealand House, Broad-street-buildings,
Tuesday, March 2. 1341.

CIIAIRMAW tail nothing bad been paid by Peru; if
it hal 6son so, it would have been athantageoui to thetr.
Mr. WILLtr. said he had doeuments %hie% pri-Ned that
th? GiverJrnet.t of Chilc bren frequently blamed for
the faults r f Ocir agenti,. They diseLi.ned buy i,tention
of cmtractirg for a I.CN loan.
The CHAIRMAN observed the last resolution did not at all
commit the bondholders with respect to the disputes be-
tween the Chile Gore-nment and Messrs.

Tie rcscl_tims were then put to tie mre seriatim,
and unal-imnusly adopted.
A v ):e t f thaLks was tiel pa,sed to the Chei•man and
Com-ni.t e, and the meeting separated.

LONDON AND WESTMINSTER

BANK.

WESTERN AUSTRALIANptNy
The DIRECTORg of the WESTERN AUSTRALIAN
COMPANY hereby give Notice that they are READY TO
DISPOSE OF LAND, consisting both of Town and Rural
Sections, in the New Settlement of Australind. Terms and
condition; may be fild, on application to the Secretary of the
Company either personally or by letter.
By ord, r of the Board,
C. IL SIMI f 13, Secretary.
Western Australian Company's Office,
33, Old Broad-stect, 27th February, 1841.

pmusH of ST. GEORGE, HANOVER-
SQUARE.
To BUTCHERS. MEALMEN, Cheesemongers, Corn-
chandlers, Grocers, Milkmen, Potatoe-dealers, Oil and Tallow-
chandlers, Wine and Spirit-merchants, Colourmen, and Coffin-
makers.
Such Persons as are willing to CONTRACT with the
GOVERNORS and DIRECTORS of the POOR of the
said PARISH, for SUPPLYING the WORKHOUSES
for Six Mcnths, from the 25th day of March, 18.11, to the
29th day of September, 1541, may deliver in their sealed
Proposals at the Board-room, in Mount-street, on or before
Nine o'Clock en WEDNESDAY, the 10th day of March
instant.
Persons Tendering are desired to be in attendance, and to
take notice that all offers must be made upon, aria strictly in
accordance with, the printed form of tender, whirls may be
obtained on application to the Master of the Workhouse, in
Mount-street, as well as any further particulars. By order,
T. B. CHAPPELL, Vestry Clerk.

3 per cent thkr:after,
pr,:v pled the sal c,pital be rcclgnised in* the internal
debt of Ciiile, when it will be paid td.
- - -

3. Tee ptimitive obligation relating to redemption is
ex i guiihed, and the G,v,.rionent shall .be flee to affect
it, to the eitetit and at the time when it may p!e ise ; it
being well understood that the redemption way be made
• i h rof the origi tat capital or of that of the interest
funded and tack:lova leeged in the internal debt.
4. The Government of Chile. shall have power to rai e
new !owls, in Europe, aai.hout being pm-vented by the
conditi ins stipulated in tie 6th artieLi of the contract.
5. All the interest faliag due aft. r tie date of the new
arra gem nt shall be pail in Santisga, allaaaing to the
lenders the costs of e.r;i,,ge, insurance, and the differ-
ence in the exchange, at present binding on the Govern-
ment.

BRITISH INDIA SUGAR COMPANY.
Capital 250,0001., iu 25,000 Shares of 10/. each.
Deposit 11. per Share.
Notice is hereby given, that, in consequence of the measure
introduced by Government for the equalization of the duties on
East and West India rums, which will greatly add to the profits
now realized by the growth and manufacture of sugar by free
labour in British India, and the necessity of going through the
different stages of the Bill for empowering this Company within
a limited period, that the 10.4 day for the application of the re-
maining shares will be the 13th inst.
It will be observed that this Company is the only one for the
growth and manufacture of sugar in India which can obtain an
Act of Parliament tlos Ses-ion, as it alone has complied stith
the Standi,g Orders.
Applications for the remaining shares must be made to
Messrs. Wilkinson and Page, Guildhall-yard, Edwd. M. El-
derton' Esq., 40, Queen-square, Bloomsbury, joint solicitors
to the Company ; or to
W. S. NORTIIIIOUSE, Parliamentary Agent,
4,,Parliament-street, or 72, King William-street, City.

A me, ting of the Sin:itch riders of the above Bank was
held yesterday at their premises is Throgrnorson-street.
P. M. Sesevart, Esq., the Chairman, and the Directors,
entered ti.e Coust-room at one o'clock.
The CHAIRNIAN sail that was their seventh anuiverslay,
and the Direct try had great pleasure in meeting the Pre-
r:ct sr), on that occasion. Indeed the oftener the Proprie-
tary of a prosperous iasitte-den like theirs met, the less
they wool ! have to say to each other, except through the
erelium of the Report and the balance-sheet, which they
wn re preitared to lay before the Prop ietors. However, on
the present occasion the -e were one or two points to which
he felt it his duty t t call their attention, It was exactly
on the 10th of February,- i i 1834, chit the London and
Westminster Bank was first founded, then leading tke way
in London as the parent institution of Joint-ecek Bankieg.
It ha lal Ns, been us, ful fur them to brig to their re-
c dire i the obstacles and hired antics whirls La I ben
Virawn i,s their way as a banking establishment. The Le-
gisl :lure encouraged them to go on, conesiv;ng that the
principle upon which they asked tr be established was
safe aid sound. But the hallo with which Vreir Bill was
necessarily hen isd through Parliament, they found to their
co,t, had otteasione I the Leaving alive some snakes in the
grata which they had to contend wi:h. He was happy to
::ay, that although thee had attacked their c aule,
and tatty had not succceiel in altogether strangling
tl esn, they had scotched them and rendered th.trn harm-
le a 3.—( Chi C ) Ile would mention three of the greatest
obstacles which had come in their path, and most ftrmi-
da'^l
opposition they had given. When the narrow
lenits of banking scenes broken up, when they were told
th it they were to have no limits ta the numbers of their
propriet os, they had no idea of the hindrances which they
had thrown in their way. The Legislature said they
might do basiaess as bankers, and they pursued the ir busi-
ness as such in a rational manner. When they applited to
Parliament for the powers necessary to do so, for the power
of suiting a:d being sued, they could net obt .in in The
House of Commons granted the privnege, but those con-
e emed fc r the Bank soon found that it would be a per-
fectly useleis expense to carry it further, for th-y
would have met with obstacles that would
have prcve i insurmount able. The next privilege t ey
exercised as bankers was that necessary one of accee:ing
bills-. Now, did any one ever suppose that they caul! ex-
ercise ileir calling c f bankers without the power of ac-
cepting the bills of their custemers? They bad exercised that
privilege, but at last an old statute was 4ound out
which was agai tat them, and they were prohibited from
deiag so any larger. Upon that the common seese of the
country came to the ir aid, and though it was a hindrance
of some account, it was not such a great one as was to le
expected. The next hindrance to their business was
tie it exelusisn from the cleiringahouse. At every nice:-
ng that point hal been mooted. They had done their
best—they hal excited the utmost perseverance, yet with
the utmost peacefulness. They had tried by their con-
duct to prove that it was not only prudent, but that it was
just, that they should be admitted to the privilt ges of that
House. Ile belies el that there was some difference of
opinion among the body on that point. Still they were
excluded from all the benefits of the clearance. It was
a most ueexpected hindrance, and the more so because it
showed a littleness of spirit that could not have been anti.
c'pated by any one. That house was established for the
private advantage of banking, and was, if anything, rather
ag inat the interest of the public—it was a sort of
breathine house fur bankers ; a place by the means rf
which they were enabled to transact the immense amount
of their aggregate business with a compara'ively small
capital. That being the case, any Lank in London con-
ducted on a respectable footing, and doing business in a
fair manner, ought to be admitted to all the privileges of
that house ; yet that pridlege had been denied them.
These were the princi[al points of disadvantage they had
laboured under, and he had thought it right to menti wi
them at the time when the whole state of the banking busi-
ness was under consideration. With respect t r the other
disadvantage under which they had teee labouring-, viz.
the extreme pressure in the money market—that pres-
sure had t eon very hard during the last year, and indeed
almost ever since they had been established—the Proprie-
tors would be pleased to hear that they bad been able to
steer their way pretty clear. At that period, it was
needless for him to say much in favour of the pa inei-
pie c,f k iet-stock bankieg. In 1834 they had
b.-gun, and since that pet iAI there had been e:glit stop-
pages of banks founded upon that principle, from only two
of which were the public likely to sustain any loss ; that
was a proof that the London and Westminster Bank was
founded upon fair principles. In 1834 there were in the
c nintry 32 joint-stack banks, now there were nearly 100.
In London, in 1834, there were two joint-stock banks, row
there were sixteen, including tke trenches. There had
been re, disaster in London fom joint-stock banks; it was
his painful duty to allude to two instances which Ea I oc-
curred during the past year which showed the false,
hollow, and deceptive system of private banking. It was
but fair that he should allude to those instances—(than
hear)--for it proved the soundness of their own principle.
In one instanc-, from the system of secrecy pursued with
regard to the proprietorship, in place of six men being en-
gaged with their respective capitals lodged in the bank, it
turned out that there was only ono solitary individual in the
Company, and he without any capital all.—( Hear.)
In the otter instance, the principle on which they were
established was fully proved. That failure had arisen
from private partners being allowed to use the funds of
the bank in various speculations. Joint-stock banks could
do nothing but bank.—( Cheers.) He mentioned those
facts, because the time was now at hand when the hin-
drances ender which they laboured were to be remedied ;
therefore he was anxious to show that there could be no
denial of the soundness of the principle upon which they
acted. There was now a Committee sitting fur the pur-
pose "of taking the evidence of witnesses respecting
banking, and there would be Committees sitting now
until ten great questions were settled, viz., the settle-
ment of the Bank of Ireland charter, and the renewal
of the charter of the Bank of England. With
regard to the evidence given last Session, he
could only say that it filled a large, a long, and a
very blue book —it contained nothing of the
slightest value. He had looked it through most carefully,
and he could find in it nothing but the philosophy and, be
woul.ladd, all the folly of the present system of banking.—
( Hear, hear.) Ha could find in it no practical evidence
whatever. He admired the theory- of the cvi :once, but he
would scout its practical bearing. He allut:ed to these
matters because it would now become their duty to off, r
witnesses to give evidence before the Committee, and now
was the time for them to effect the removal of the hind-
rances to which be had alluded. Notwithstanding all
those hindrances they had gene on their way in a quiet
and peaceful spirit; latterly they had met with more cour-
tesy, but that courtesy had led to no practical results.
However, notwithstanding all these things, the Directors
had been doing all in their power to maintain the in-
terests of the Proprietors, and to prov,, that position he
would come to a consideration of the Report which was
laid before the Proprietors. .It was well known that a
great deal of the pressure of 1839 existed in the money
market in 1840, and although money was what was called
tight," the interest of money was not Froportiortably
high; they had, therefore, to husband their resources, and
he hoped the result which would be shown in the
Report would justify all the Directors had done
in the eyes of the Proprietors. In the year 1835
the first meeting took place at which he had the
honour of appearing before' them as one of their
Directors. It the year 1835 the profits of the concern
were 8,400/. ; in 1836 they were 15,000/. ; in 1837 they
were 32,000/. ; in 1838 they were 35,000/. ; in 1839 they
were 46.000/. ; in 1840 they were 48,0001 ; and in the
present year they were 48,9001., or 49,000/.—(Cheers)--
and during the last two years the 2,000/. a year allowed
to the Directors might be added to the profits of those
two years, which would make the profits upwards of
51,0001. Then with respect to their dividends, up to 1839,
they had paid 5 per cent., and now they paid 6 per cent.
1n1835 the reserved fund was 12,0001., in the present year
it was 46,000/.—(Cheers.) All these results had been
obtained from the pure banking principls.—( Cheers.)
There were two points in the Report to which be wished
to call the attention of the Proprietors, and to obtain their
sanction. The Directors now having plenty of good busi-
ness, had come to the resolution of issuing 10,000 more
shares, for the purpose of raising the capital of the Com-
pany from 597,0091. to 800,0001., and those shares
were to be given to the Proprietors at par, in
proportion of one share to each three now held
by the Proprietors.—(Cheers.) He thought be was
justified in saying that if this additional capital was raised
they would be enabled to de a proportionate quantity of,
good sound business, and that the Directors would be en-
abled to render to the Proprietors as goad an account as
they had done at the present moment.—(Cheery.) In
1836, their profits varied from 15,0001. to 32,0001; by the
power that had been given to the Directors, the capital
which up to 1836 was 245,000/., was raised in April of
that year to 400,000/., and, by the additional shares, that
capital was further raised to 597,0001, the result cf which
was, that their profits, which were before that period
15,0001., bad advanced to 32,000/. in 1837, and from that
period they bad increased gradually. He was, therefore.
justified in saying, that with the prospects they
them, if the capital was raised to 800,000/. they would b
enabled to give a most excellent account to the Proprie:
tors, and they would be enabled soon to give an inc_re.ausnedd,
dividend.—(Cheers.) With regard to the reserve
d
on had taken
he knew that in a sister institution a discuss*
place with respect to its principle; and if any question
bad before

Wi h i eqseet to the. first proposition, it was his duty to
mention teat he thought there was some vagueness in its
expression. It might be interpreted as he (the Chairman)
interprited it, t. mean that the interest due on the original
1, a': wou!ti be paid in the form eat iblished by the bond—
that was, 6 per cent., in Lender!. It ha I, li )(Nese., baen
niterpre- ed by sonic to comprise the whole int -rest on the
0: igir al lean and arrears. The second proposal varied
creel that of Mr. Cald(leu,gh, inasmuch as he proposed
that these bonds should remain without interest for five
tea s, while the Chiliin Government proposed ten years.
With respect to the third article, it proposed a most im-
por ant change in the security ti.ey had on the old bond,
heirg no less than that the primitive. obligation relating
to redem; fen should be extinguisliel, and that the Go-
vernment should be free to effect it to the extcro, and at the
time when it might please, which he (the Chairman) con-
sidered to mean, not at all.—( blear.) The fourth proposal
spoke fer iLelf, and exhib ted a desire to set aside an
original contract ; and 'it was for the bondholders
to consider whether they would sanction it. The fifth
propos(' teas an important one, and he begged to vial
their attention to i'. Such were the proposals received
from the Chilian Government through Mr. Caldeleugle
and having received their, the Committee had deliberated
on them, and bai come to cart tin resolutions, which they
would presently submit to the meeting, but which he would
beg leave to preface with a few observations. First, it
was satisfactory as regarded the original debt to find the
resources of the country had been in a state of progressive
ire ease from the year 1833 to 1839. After paying all
the expenses incurred in the war with B eivia, there was
an excess between these years of 616,192 dollars, and he
believed-the Chilian Government was it, a condition to pay 6
per cent. on the original debt, and 3 per cent. on the ar-
rears capi•alized, and to commence payment immediately.
—( Hear, hear.) The receipts at the Custom-house of
Valparaiso for the first ton months of 1840 had exceeded
the I eecipts of all the Custorr.-houses of the Republic
for the preceding yerr. —( ilcar, hear.) It was,
hoe ewer, enough to state that the ability of the Chilian
Govern': e -t fir the future must remain, as he feared, the
subject of cure cation. 'I hey would remember Mr. Cald-
cleugh proposed th At the arrears of interest sit uld be
(-aped zed. and that he had made that proposal without
;I e authorny i f the Committ e. It . kas not his (the
Cli irma es) duty to offer then any opinion on the subject,
but havi. g thought it his duty to pay tviry attention to
the itibieet, he hoped to he excuse I fur offering a few tug-
:ce iaes.—( Hear, hear.) The first thing to which he
would c.. 1! a teetion was the delay that had attended these
m g eiaeions from the west of authority on the t art of their
agent t ere. From this reason eighteen months bad now
elapsed without anything being done, and Colonel Wal-
pole said if they did not mind they would 1 )se a like pe-
riod again. He knew there were many gentlemen who
overleain'd cal difficulties in the way, and said they would
hay-, the bond, the whole bond, and nothing short of it.
This he should be glad to get, being himself a I:tr4o bond-
holder, but he thought they should eensider now what was
pract:cable rasher than what was right, and that if
they could not get all th •y claimed they should
get,b,,oeitui ertr, a‘apeelrcsal:o.;
htton:hierftseeactcyrnn.tie)tic,:olkeiu.,:fll. With respect to the arrears of
etdt
ht:tcwele:
aiusolmidabi
tgeteea;riket:
therefore
.rojcos
wouldstnhis , rsbtdhi
yoebwocenti growingdntto:olli:nelicganhiejivtoralto,hrtelihos r re-
sour. regu-
lar..
to
Steil 1 paid
Theatittthoirstlmlees:tiin'igbocnadanfis:in.eri telti.ri—_(Heir,
u(sghiiiioteualsrdia that tnloan.—
( the.
Ca'dcicugh to renew his offer of taking 3 per cent. et
the end of five: years on the tvre. ra of interest consoli-
dsted.—( Herr, Bear.) And he was the more disposed to
eo this, se( ing that this propositi in had the entire concur-
rence of her Majesty's Envoy, who was of opinion that the
Chilian Government would be able to do this, and that
asking more militt occasion interminable delay. These,
however, were questions for the meeting ti determine,
and therefore, thanking them for the attention they had
paid him, he would submit to them the resolutions.— i
(Hear, hear.) The Chairman then read to the meeting
lesolutions to the tellowing ( ff. et :-
Ist. That this meeting having taken into consideration the
proposal made by the Got e -nment of the Republic of Chile,
in a letter dated sth September, 1840, addressed to Colonel
Wa'polc, Ler Majesty's Consul-General for Chile, for the
liquidation of the arrears of interest on the Ceilian Lean,
contracted in May, 1822, decline acceding to such
proposals. •
2'. 'rhat this meeting having taken into con-
sideration the proposal made by Alexander Calsl-
- Esq., to the Government of Chile, on be-
half of the bondholders, do approve of the same,
and secordingly do hereby authori,e the Committee t, con-
clude arrangements with the Government of Chile fir the
a r• ars of interest on the said loan, becoming due on the
30th of March, 1840, on the filowing basis :—That
bonds shall be issued for the said arrears, being 81 per
cent., at pas, and bearing interest at three per cent., the
first payment to be rude on the sth of September, 1845 ;
the interest to be paid half-yearly in London. The
bonelholde sto have the option cf merging the same in
the internal debt of Chile, in which case an adeitim of 10
per cent. shall be paid to the capital of such bonds, and
interest thenceforward payable only to the Republic of'
Chi's.
3d. That this meeting, having taken into consideration
the great improvement in the condition of the fiances of
the Chillier Republic, feel persuaded that it must be ap-
parent t, the Government of Chile that they cannot sanc-
tion any deviation from the basis laid down.
4th. That this meeting expressly declines any deviation
from the article of the contract on the loan of May, 1822,
except the arrears of the interest le art a:iged in the man-
ner herein provided.
sth. That this meeting returns its best thanks to Col.
the bondholders be given to
SEWELL AND CROSS'S EXTENSIVE ALTE- Walpole for the able assistance he has rendered to the
RATIONS.—.Messrs. Sewell and Cross beg most respect-
fully to announce to the Nobility, Gentry, and the Public, bondholders in consequence of the instructions ef the
that in consequence of the great improvements they are
about mucking in their present Establishment, 44 and 45, Old his strenuousand •
Compton street, Soho, they have commenced Selling Off Lord Palmerston for .
their lan a and valuable Stock of Silk Nlereery, Linen Drapery, for the protection of their rights, and that the same be
Haberdashery, Hosiery, Lace, Gloves, Carpets, Damasks, Alo- communicated te him by the Chairman.
Mi6ntihst.erTfhoratFtohreciethnanAhtlsaior i.
reels', Frnted Furniture, Silk Tabarets, India Damasks, French
ot but be sensible cf the
7th. That in consitieration of the services of Alexander
and English embroidery. The Silk Department presents
an unu: ual display of rich brocade and chine silks, large Caldcleugb, Esq., a coremiesion of 2i per cent. be allowed
to him 1 the bonds to be issued, the said commission
out 0
lots of rich figured silks and satins, at 4s. 6d., which
cost tl.c manufacturer eight francs ; with several hun-
dred dresses of rich figured silks, of last year's patterns
(a little stained on the edges) in rose, celeste, mats, and honourable conduct
pursued by Messrs. Hullett, Brothers,
ate thoughtgfa
ibrori
thatd s
bonds. He
theyt
ili
ei ought
ludgpiheitrn,cnoeo:ti
wish
iosthhi
they
yo-
other light colours for evening dresses, at t2s. lid. and and Ce., the contractors ep:froptinhoertiolonanto, itnhesruesttuairnninogr the
e
3s. 6d., which cost sto 6 francs in Paris ; plain satins at rights of the bondhollers, and bringing the same under
equally low prices, coloured and black Genoa velvets, the notice of the Government of Chile,
rb.heecaaapri.pd)lei
ieedßu
gut
lot)
velours epingle, satinetts. chine, and velvet shawls, cachmere
and satin mantillas, gypsy and other cloaks. Irish poplins,
and French rnerinoes. The drapery department comprises
Irish linens, of the best fabric, every description of sheeting, c
flAii
eB
Governmente Nr li oe eit Saidto
but fair
Hamburgh and Scotch table linen, French cambric handker- thought
creasei in their demands in
chiefs, several thousandonousseline de laine dresses, at haef
price; many hundred pieces of French printed cambrics, lord. stiVtd tlie
per yard, for ladies' morning dresses ; furs of every descriptron, make it a condition, but still
otohrer republics cf South at nearly half price. S. and C. will continue selling off until should be instructed on the
the alterations arc fully completed. The doors wit be opened
every morning at nine o'clock-44 and 45, Old Compton- Te3Olurr. c eßs. of C.
policy they ought W mere said no Parallel existed between the
Ame-
street, Soleesquare. N. B. There are several lots of rem- rica. Ho meterthouCgiliiitleasanadthe to support
rants (dress length.) of rich French silks, at 29. Ice else 2s. their sg„t. who had done his duty in a hold and indepen-
2d. per yard. dent manner. It appea ed to him the Chile Government
STEAM NAVIGATION TO THE WEST INDIES. could have no objection to the bondholders requiring 1 per
—On Thursday last, the first of the splendid line of steam eels'. i s addition, which they stated they were able to pay.
pack: ts, intended to carry the mails betwixt this country The opinions that hal been expressed by the Chairman
and the West Indies, was launched horn the building-yard were borne out by the a ithmetical calculation; that would
of Messrs. Duncan and Company, at Greenock. This not admit of contradiction. The average increase of the
vessel, which is sixteen hundred tons burthen, has been revenue during the last seven years was 102,000 dollars,
named " The Clyde," arid is described as having a most and there was a surplus revenue of 438,000 dollars. There
perfect model. Her engines, made by Messrs. Caird and could, therefore, be no doubt of the ability of the Chile
put in Without delay. Government; but, as a matter of exi:ediency, he thought
they ought to support the proposition of Mr. Caltlcleugh.
building Oft the Clyde; four at sreenie,k
CToheraerseriellarteapdrienseesns; asiiixdofwtihilisbleiee of packets, all cf t".le
same tonnage,
." , Me YOUNG thought some time ought to be limited for
one at Port. Gli,gow. and one at Durnharton, and there is the acceptance of their proposition.
also one at Li i:h.—Glasgow Argus. i A BONDHOLDER inquired if any sinking fund bad been

TAYLOR'S PATENT WOOD-CUrfING
COMPANY.
Capital 50,000!. in 1,000 Shares of 50/. per share.
Deposit 11. per Share.
WORKS—Square Shot Tower, East of Waterloo Br'dge.
Notice is hereby given, that the few Shares upon which the
Deposits have not been paid will be alloted to other Applicants,
on or before the 13th inst.
The Shareholders are respectfully informed that the Select
Committee en Standing Orders have permitted a Bill to be
brought in fur the assignment to them of the Scotch and Irish
Patrols, in addition to the Patent for England and the Colo-
nies, on condition of giving the customary notices is the Edin-
burgh and Dublin Gazettes, in addition to the notices already
given in the London Gazette.
Prospectuses, containing a description of the Machinery
and Process of Steaming and Cutting Staves for Cs be, &c.,
may be had by applying to Edward M. Elderton, Esq., Solici-
tor, 40, Queen-square, Bloomsbury ; or to me, at either of
my Offices,
W. S. NORTHIIOUSE, Parliamentary Agent,
4, Parliament-street, and 72, King William-street, City.

OAKWOOD and ARGUED COAL and
IRON COMPANY, Glamorganshire.
A certain interest in these highly valuable Coal and Iron
Mines having been thrown upon the market by a recent un-
happy event, the other Shareholders ar,-, disposed, without di-
minishing their own interests, to allow a limited number of
capitalists to unite with them in carrying out and making
available the mineral riches of this district.
It is also wished th it Three Additional Furnaces to those
already at work should be erected for the iron, and to meet
the increased and increasing demand 100,000 tons of coal
should be obtained, which Mr. Robert Stephenson reports can
be had from six to seven alone of the most productive levels.
The recent completion of the Harbour, and opening of Port
Talbot, have added largely to the demand from Bristol, Corn-
wall, Devonshire, and Ireland, where these coals have the pre-
ference.

is intended that the Capital of the Company skould be in-
creased to 150,0001. in Shares of 2501. each, payable by instal-
ments of 501. each, and it can be shown that such capital will
annually return from 30,0001. to 40,0001.
Further Particulars and the Reports of Mr. Robert Stephen-
son, C. E., Mr. aiv:d Muslet, of Coleford, Mr. Middle, cf
Newcastle-upon-Tyne, Messrs. Brongh and Son, of Neath,
and Mr. Dari.i Smith, of the Maesteg Iron Works, may be
had at the Oakwood and Argoed office, Union-court, New
Broad-street ; cf the Solicitors, Messrs. Walmsley, Keightley,
and Parkin, 43, Chancery-lane ;or at either of my offices,
W. S. NORTIIIIOUSE, Parliamentary Agent,
72, King William-street, and 4, Parliament-street.
VALUABLE

YORKSHIRE COAL
FIELD.
A valuable COAL FIELD, held at half the usual royally,
and yielding the best and highest priced coal to the extent of
100,000 tons per annum, situate near to a port, and admirably
fitted f,r the London market, may be had upon very advanta-
geous terns by an individual firm or public company.
For further information apply at either of my offices,
W. S. NORTHIIOUSE,

72, King William-street, or 4, Parliament-street.

TO BUILDERS AND CARPENTERS.
gilt) BE SOLD BY PRIVATE CON-
TRACT, the LEASE and STOCK in TRADE of
the Old Established BUSINESS in the above mentioned line,
of H. 'W. W. HERNAGE, of No. 17, Red Cro-s-street,
in
the Borough of Southwark, lately deceased. he Premises,
which have been very much improved, are he!d under a Lease
for a term of 49 years, from the 115th of March, 1839, at a low
yearly rent of 40., and are conveniently situated for carrying
on an extensive business.
For further particulars, apply to Park Nelson, Esq., No. 11,
Essex-street, Strand : or to Adam Murray and Sons, Sur-
veyors and Land Agents, 47, Parliament-street.

1 INFIRMARY for the CURE of STRIC-
TURES of the URETHRA, SYPHILIS, GONOR-
RVICEA, GLEETS, and all DISEASES of the GENERA-
TIVE and URINARY ORGANS.
Notwithstanding the above Institution is closed, Patients way
continue to receive the GRATUITOUS ADVICE of the Sur-
geon (I%:r. Courtenay, 42, Great Marlborough-street,) by ap-
p:ying at his own hcaso instead of the Charity.
Hours of Attendance, from Eight to Ten in the Mornings
and from Seven to Nine in the Evenings. On Sundays in the
Morning, hut not in the Evening.

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