The Sun.
London, England, 1847-10-16 00:00:00

on a former occasion. His first duty was, to move
the adoption of the report.
Mr. BRENAN said it would be satisfactory to the
proprietors to be informed whether the 130,0001. would
be solely expended in colonisation or not. He wished
to know whether it would be devoted to completing
those districts already colonised, or whether it would
be expended in colonising other districts now lying
bare and waste. It appeared to him if they devoted
the money to the creation of new settlements, and left
those commenced in an incomplete and consequently
unsatisfactory state, that great injury and dissatis-
faction would be the result. Experience had shown
that such a sum as that borrowed would go but a
small way in creating new districts, whilst it would
go far if devoted to those already formed. Two years
ago 99,0001. and 100,0001. were devoted to the crea-
tion of new districts, but what benefit had the com-
pany derived from this expenditure ? Nothing. It
was true they had paid off many obligations which
they had contracted, but he hoped that there
was no necessity to expend this additional
sum in a similar manner. The settlers loudly de-
manded the improvement of their condition—such as
constructing roads and bridges, and sending out ca-
-1 pitalists to settle and employ their means to the
best advantage. If the company were to do this, and
the public were informed of it, he apprehended that
eligible persons would be induced to embark their
fortunes in the colony. Influential persons perceived
the importance of doing what he suggested : for in-
stance, Mr. Ward, a highly respectable gentleman,
had published several letters, calling upon the direc-
tors to fulfil their engagements and to improve the ori-
ginal settlements. It was incumbent upon the direc-
tors to fulfil all the engagementathey had made ; unless
they did so, the settlers would be dissatisfied, the
proprietors would not receive the return for their
capital to which they were entitled, and the company
would be nothing but a disappointment to all in-
terested in it, from beginning to end. Some of
the demands of the settlers were exceedingly
reasonable, and ought, therefore, to be complied
with. He would not presume to say what the
directors should do, but if they thought proper
to adopt the course he had pointed out, and to give
publicity to their intentions, much good would be ac-,
complished.!lNothing that had occurred for some time
was so gratifying to him as the appointment of Mr.
Cowell—if anything could give him confidence in the
undertaking that gentleman's appointment did so—he
was the mainstay of the vessel in which they were all
interestel.—(Hear, hear.)
The CHAIRMAN replied that it was never contem-
plated that the 130,000/. was to be devoted to im-
proving the old settlements. The Act of Parliament
prohibited such an expenditure of it. The
Act countenanced the old settlements con-
veyed by the Government to the com-
pany and expressly provided that the 130,0001.,
in addition to the 100,0001. formerly advanced, should
be devoted to the colonisation of a wide field, also
conveyed to the company, and the money was se-
cured on the lands of the company for a period of
three years, and was agreed to by the Government
for the purpose of extending emigration to the vast
territories in the middle island, from the southern
part of the northern island. It would, therefore, be
manifestly contrary to the Act if this money were
devoted to particular settlements, whether in the
northern or southern island, because the Go-
vernment never intended that it should be so
expended. The directors were most desirous
to fulfil every engagement into which they
had entered with the original settlers. They felt a
solemn obligation to do so. lie did not mean simply
those moral and equitable engagements which might
be enforced in a court of justice by the law of the
land, because they thought they were bound to fulfil
them by far higher obligations than those which could
be enforced by such a court.—(Hear, hear.) They
would endeavour, therefore, to fulfil all their engage-
ments. Their powers might be limited, but they
would leave nothing undone to promote the prosperity
of the settlement, and to give the settlers satisfaction.
Mr. BRENAN said the directors ought to make
some concession to the persons at Nelson, who ob-
jected to the position of the port.
The CHAIRMAN would not adopt the word " con-
cession ;" but he could assure the Hon. Proprietor
that everything in reason would be done. The sub-
ject was under consideration, and a gentleman had
been deputed to gather the sentiments of the inhabit-
ants, and to report the result. If that report were
before them they might adopt its recommendations,
but it had not yet arrived. The directors were per-
fectly alive to the importance of constructing roads
and bridges, and of carrying religious instruction
into the colony, and had suitably alluded to these
matters in the report. Captain Otway, of the
Royal Navy, who had just arrived from the colony,
was present. He had visited every part in the north
and south, and he had given the directors the most
glowing accounts of its progress. Its condition he
said was most satisfactory. In Wellington wharfs
and houses were being built, and a splendid road was
in course of construction from the town into the
agricultural districts, and under the excellent ma-
nagement of Governor Grey the natives had been
tranquillised, and were devoting their time to indus-
trial pursuits.
BRENAN inquired if the road and wharfs
spoken of were made by the company, and whether
they would derive profit from them ?
The CHAIRMAN said they were not made by
the company. The 130,0001. would go but a small
way if devoted to such works—it was advanced for
carrying on the operations of the colony on a large
scale, and for preparing land for sale, and the proceeds
of course came into the coffers of the company.
After the reduction of the debt the proceeds would be
applicable to the purposes of the company.
Mr. BRENAN asked whether the loan would date
from May, and when colonisation would be resumed ?
The CHAIRMAN said the directors were most
anxious to resume colonisation ; but that depended
entirely upon the public. At the end of three years
they might, perhaps, be called upon to say whether
they intended to go on or to stop ; but in the mean-
time they must colonise as much as they could.
Mr. 13aeNais considered that 10,0001. should be
devoted to loans to aid persons emigrating, and that
placards urging emigration should be.circulated. He
wished to see such times as 1839 and 1840—but now
New Zealand seemed to be forgotten.
The CHAIRMAN could not make any promise with
respect to the placards, but they had no power to
advance money for any such purpose. Nothing
could be more advantageous to the colony than ad
vancing money to persons wishing to colonise on the
land obtained by them, and if the Hon. Proprietor,
and those who agreed with him, would start such an
undertaking they would do vast good.
The CHAIRMAN said, to show that the colony was
not forgotten, two ships were about to start—one
from the Clyde and one from the Thames—and a body
of Scotch capitalists had obtained an Act to colonise
Tobiago. They had obtained 400,000 acres, but as
yet only forty persons had emigrated. This showed
that the colony and its dependencies were not retro-
groding. He felt bound to admit that circum-
stances had taken place with respect to New Zealand
that were calculated to retard its progress, but he
trusted that a new era had now broken in upon them,
and that the future would amply compensate for the
past. As a proof of the improved condition of New
Zealand, he might state that the amount of customs
for the quarter ending the 31st of March of the pre-
sent year were 3,9251.—(i1ear, hear.) As Captain
Otwav was present, he trusted he would state to the
meeting what was his opinion of the condition of New
Zealand when he was last there.

Captain OTWAT would gladly give his opinion of
the present state of New Zealand to the Court. He
had been employed in her Majesty's service on the
coast of New Zealand for nearly two years. He was
in Cook's Straits in January and February last, and
he could not but observe the great improvement that
had taken place in the settlements of Nelson and
Wellington. He had also visited New Plymouth, and
his impression was, from the new buildings, the houses,
and the general appearance of that settlement that
the colony was improving very much, and the people
seemed to him to have no doubt that they were now
secure, both with respect to their lives and their
property.—(Hear, hear.) He had also been to Wie-
mar, and he was bound to confess that there were as
good roads in that neighbourhood as any that he
had ever seen in England.—(Cries of " Hear, hear.")
There was also a very fine road of fifteen miles open
from 'Wellington to Parivuria. The climate of the
county was excellent ; its capabilities for agriculture
extensive in the extreme, and altogether he looked upon
New Zealand as the finest climate in the world for

Englishmen.—(Hear, hear.) There was also a very
fine vein of coal in Massacre Bay ; those coals had
been used in one of her Majesty's steamers, and found

to answer extremely well. As yet the coals had been
Only got from the surface, and he had no doubt upon
further excavations, they would be found to be as
good as any in England. He had no doubt of the
great resources of the colony of New Zealand, and
that under its present management it would become
one of the most important of the British possessions.
The report was then unanimously agreed to.
The CHAIRMAN said, that the report having been
agreed to, he would propose the second resolution,
which was to the following effect :
" That the Court of Directors be, and they are
hereby, authorised and. empo,aered to borrow and
take up on loan from the Lord High Treasurer,
or the Lords Commissioners of her Ma-
jesty's
Treasury, any sum or sums of money
not exceeding in the whole the sum of 136,0007
to be advanced to the said company front and
out of the growing produce of Consolidated Fund of
the United Kingdom, on the credit and security of
the profits of the undertaking, and of the lands, tene-
ments, and hereditaments in New Zealand belonging
to the said company, or to the possession of

which the said company is entitled, upon the
terms, within the periods, and in accordance

with, and pursuance of, the provisions contained
in a certain Act, made and passed in the last session
of Parliament, intituled An Act to Promote Colo-
nisation in New Zealand, and to authorise a Loan to
the New Zealand Company;' and that for such
purpose the Court of Directors be, and they are
hereby, authorised and empowered to affix the
common seal of the company to any deed or deeds
of assignment and mortgage, or other instrument
or instruments, and to do all such other acts and deeds
in that behalf as may, in the opinion of the said direc-
tors, be requisite or expedient."

Mr. WATEMAN wished to know whether the com-
pany bad an absolute grant from the Crown of the
lands they proposed to mortgage ?
The CHAIRMAN said that the mortgage decd which
was to be granted to the Government as security- only
contemplated that part called the Company's Posses-
sions. The company had a grant of nearly all
the land to which they had made a claim. One
million of acres would be mortgaged to the
Crown for the money which it was about
to lend to the company. Every portion of
land which had been sold or alienated of the com-
pany would not come under the provisions of the
mortgage to the Government, and a good title would
be given to those who had purchased it from the
company free from any of the burdens or debts of the
company.
Mr. BRENAN wished to know whether any part of
the money to be received from the Government
would be appropriated to carry on steam navigation
between the settlements ?

The CHAIRMAN said that part of it would. 25,000/.
would be specially devoted and held in trust for pro-
viding the benefits and blessings of religion and edu-
cation, and also to carry on steam navigation.
The following resolutions were also unanimously
agreed to :
" That Aglionby Aglionby, Esq., and George
Lyall, jun., Esq., ;two of the said directors, be, and
they are hereby, authorised and empowered to receive,
for and on behalf of the said company, all such sum
or sums of money as have been or shall be paid by the
Lord High Treasurer, or Lords Commissioners of her
Majesty's Treasury, on account of the said intended
loan, at or before the execution of the said deed or
deeds, and that the execution of the receipts for the
same shall be valid and binding on:the said company."
" That any two of the Court of Directors, for the
time being, who may be nominated for that purpose
by the Court of Directors, shall be, and they are
hereby authorised to receive, for and on account of
the company, all such further sum and sums,
not exceeding in the whole, together with the
sum paid, or to be paid, at or before the execution
of the said deed or deeds, the said sum of 136,0001.,
as the Lord High Treasurer, or the Lords Commis-
sioners of her Majesty's Treasury, may hereafter
think fit and agree to lend and advance to the said
company, in pursuance of the powers and provisions
of the said Act; and that the receipt or receipts of
such two directors for the same shall be valid and
binding on the said company."
Thanks were then moved, and unanimously carried,
to the Chairman and directors, to Captain Otway, and
to Mr. Cowell, her Majesty's Commissioner, and the
court broke up.

FROM THE LONDON GAZETTE OF
FRIDAY.
DOWNING-STREET, OCT. 15, 1847.
The Queen his been pleased to appoint Francis Brady,
Esq., to be Chief Justice for the Island of Newfoundland.
WHITEHALL, OCT. 15.
_ _

The Queen has been pleased to present the Rev. Peter
Grant to the church and parish of Small Isles, in the
presbytery of Skye and county of Inverness, vacant by
the transportation of the Rev. Henry Beatson, late
Minister thereof, to the church and parish of Barra.
VAR OFFICE, Ocr. 15.

16th Light Dragoons—Lieutenant Daniel Henry
Mackinnon to be Captain, by purchase, vice Webster,
who retires ; Lieutenant Richard Heaviside, from the
Rifle Brigade, to be Lieutenant, by purchase vice Mac-
kinnon, Oct. 15.
17th Light Dragoons—Lieutenant Thomas Lyon to
be Captain, by purchase, vice Crawshay, who retires;
Cornet William Wyndham Codrington to be Lieute-
nant, by purchase, vice Lyon; Robert White, Gent., to
be Cornet, by purchase, vice Codrington, Oct. 15.
sth Foot—To be Lieutenants—Lieut. William Hill
Forster, from half-pay 9th Foot, vice A. E. C. Forster,
appointed to 28th Foot; Lieut. George Harrington
Hawes, from 9th Foot, vice Potter, appointed Paymas-
ter, Oct. 15.
10th Foot—Lieut. John Edward Hussey Taylor, from
sth Foot, to be Lieutenant, vice Lindam, appointed Pay-
master, Rifle Brigade, Oct. 15.
16th Foot—Lieutenant Thomas C. Higginson, from
half. pay 62d Foot, to be Lieutenant, vice Bolton, pro•
moted, Oct. 15.
17th Foot—Captain the Honourable Ernest Fitz Roy
Neville Fine, from the Rifle Brigade, to be Captain,
vice Wetherall, who exchangeS, Oct. 15.
22d Foot—Lieutenant William Hunt, from C3d Foot,
to be Lieutenant, vice Ratcliff, appointed Paymaster,
Oct. 15.
23,1 Foot—Lieutenant Jules Isham Routh to be Cap-
tain, by purchase, vice Torrens, who retires ; Second
Lieutenant Cornelius Graham Sutton to be First Lieu-
tenant, by purchase, vice Routh ; Francis Marmaduke
Hall Dare, Gent., to be Second Lieutenant, by purchase,
vice Sutton, Oct. 15.
2Gth Foot—James Brown Young, Gent., to be En-
sign, by purchaO, rice Stuart, who retires, Oct. 15.
37th Foot—Lieutenant Robert Gorden Cumming,
from 9th Foot, to be Lieutenant, vice Trevor Hawley,
who retires on half-pay 9th Foot, Oct. 15.
38th Foot—Charles William Watkins, Gent., to be
Ensign, by purchase, vice Crooke, who retires, Oct. 15.
41st Foot—Captain William Carden Seton to be
Major, by purchase, vice Donaldson, who retires ;
Lieutenant George Montagu hicks to be Captain, by
purchase, vice Seton ; Ensign George Skipwith to be
Lieutenant by purchase, vice Hicks ; Thomas Acres
Peirce, Gent., to be Ensign, by purchase, vice Skipwith,
Oct. 15.
45th Foot—Colour Sergeant Luke Fitzgibbon to be
Quartermaster, Oct. 15.
54th Foot—Lieutenant John M. M. Hewett, from
half-pay 62d Foot, to be Lieutenant, vice Taylor, ap-
pointed to the 10th Foot, Oct. 15.
55th Foot—Lieutenant 'John Hanham, from half•pay
62d Foot, to be Lieutenant, vice Hamilton, promoted,
Oct 15.
58th Foot—Sergeant Major William Moir to be Quar-
termaster, vice Kirby, appointed Ensign in 2d West In-
dia Regiment, Oat. 15.
67th Foot—Lieut. John M'Kay M'Kenzie, from half-
pay 62d Foot, to be Lieutenant, vice Breedon, appointed
to 25th Foot, Oct. 15.
72d Foot—George Don Anderson, Gent., to be Ensign,
by purchase, vice Norman, promoted, October 15.
76th Foot—Ensign Charles Frederick Brockman to
be Lieutenant, by purchase, vice Beresford, who retires ;
John Holmes Houston Gemmel!, Gent., to be Ensign, by
purchase, vice Brockman, Oct. 15.
77th Foot—Lieutenant Henry Jobling Wallack, from
halt-pay 9th Foot, to be Lieutenant, vice Lewis, pro-
moted, Oct. 15.
78th Foot—Lieutenant Robert Douglas, from half-
pay 62d Foot, to be Lieutenant, vice Hewson, appointed
Paymaster of 94th Foot, Oct. 15.
86th Foot—Lieutenant John Spier, from 63d Foot, to
be Lieutenant, vice William Carpendale Baird, who re-
tires on half• pay of 63d Foot, Oct. 15.
Rifle Brigade—Captain Frederick Augustus We-
therall, from 17th Foot, to be Captain, vice Fane, who
exchanges; Second Lieutenant the lion. James Stuart
to be First Lieutenant, by purchase, vice Heaviside, ap-
pointed to 16th Light Dragoons; Charles Edward Bott,
Gent., to be Second Lieutenant, by purchase, vice Stuart,
Oct. 15.
lINATTACHED.—Lieutenant Aylmer Lambert Bourke,
from 3d Dragoon Guards, to be Captain, without pur-
chase, Oct. 15.
• MF:3IOIIANDIT3I.—The Christian names of Ensign
Kinalian, of 54th Foot, are George Daniel.

BANKRUPTS.

Ann Leman, shipowner, Commercial-wharf, Upper
Thames-street, to surrender Oct. 28, at half-past one, and
Nov. 26, at half-past twelve, at the Court of Bank-
ruptcy. Graham, official assignee, Coleman-street,
City; Browne. Walbrook.

Frederick Leake, leather-manufacturer, Regent-street,
Oct. 25, at two, and Nov. 26, at one, at the Court of
Bankruptcy. Turquand, official assignee, Old Jewry-
chambers ' - Parkinson, Argyll-street.
Edward Lloyd James, stationer, Queen-street, Cheap-
side, Oct. 28, at one, arid Nov. 26, at half-past one, at
the Court of Bankruptcy. Graham, official assignee,
Coleman-street, City ; Plucknett and Co., Lincoln's
Inn-fields.

Francis Clark, jun., innkeeper, Bury St. Edmund's
Oct. 25 and Nov. 26, at half-past eleven, at the Court

of Bankruptcy. Graham, official assignee, Coleman-
street, City ; Stevens and Gosling, Gray's Inn-square.
William Francis Merrett, draper, Greenwich, Oct. 25,
at one, and Nov. 26. at twelve, at the Court of Bank-
ruptcy. Graham, official assignee, Coleman-street;
Reed, Langford, and Marsden, Friday-street, Cheapside.
Edward John Allen and Frederick William Allen,
riding masters, Seymour-place, Bryanstone-square, Oct.
29, at half-past two, and Dec. 2, at one, at the Court of
Bankruptcy. Bell, official assignee, Coleman street-
buildings; Robinson, Orchard-street, Portman-square.
James Johnson, leather seller, Langley-place, Com-
mercial-road East, Oct. 27, and Dec. 2, at eleven, at the
Court of Bankruptcy. Bell, official assignee, Coleman •
street-buildings; Ruder, South-square, Gray's Inn.
John Calmrn Barr, hatter, Old Bailey, Oct. 29, at
eleven, and Dec. 2, at two, at the Court of Bankruptcy.
Johnson, official assignee, Basinghall• street; Hillary,
Fe nehurch street.

Charles Howe, draper, Plymouth, Oct. 27, at eleven,
and Nov. 18, at one, at the Exeter District Court.
Hernamau, assignee, Exeter; Sale, Worthington,
and Shi;-..m2n, Manchester; Reed, Langford, and Mars-
den, London; Stogdon, Exeter.
Richard Linell, grocer, Shrewsbury, Oat. 26, and Nov.
20, at eleven, at the Birmingham District Court. Valpy,
official assignee, Birmingham; llotteram and Knowles,
Birmingham; Smith and Co., Bedford-row, London.
Giles Davies, miller, Maesbury, Shropshire, Oct. 23
and Nov. 20, at eleven, at the Birmingham District
Court. Whitmore, official assignee, Birmingham; Salter
and Co., Shropshire; Hodgson, Birmingham.
Samuel Kimberley and Bryant Organ, soda-water-
mttwaenluvera,catnudreisirso,vW.
le3l,tbartoeinlewviecnh;aSttatff.hen.Bdsihrmirein,
gOhcatm. 2D3,ias-t
rict Court. Valpy, official assignee, Birmingham ;
Collis, Stourbridge.
John Partington, cattle dealer, Wyre Piddle, Wor-
cestershire, Oct. 26 and Nov. 20, at eleven at the Bir-