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

BANKING Dl

Proprietors
capital— 14,553,000
Rest •• .••••• • • • • • 4,087,552
Public deposits (in-
eluding Exchequer,
Commissioners of
National Debt, Sav-
ings-banks, and Di-
vidend accounts) .. 9' 414 'l3
Other deposits ••• • • 7,713,696'
Seven day and ether
bills • .

863,487

436,632,64—Fs

Dated the 14th day of October,

GREAT NORTHERN AND AMBERGATE AND NOT•
TINGHAM RAILWAYS.—We understand that the amalga-
mation of the Ambergate and Nottingham with the Lon-
don and York Company was fully discussed at a meeting
of the directors of the former company at Nottingham on
Wednesday last, when it was unanimously resolved to
submit a copy of the terms of the proposed merger to
every shareholder, and soon after to summon an extra-
ordinary meeting f the proprietary, to finally dispose of
the question.
WomAN.—ln a trial at the Ayr Circuit Court of
a man who had cruelly maltreated his wife, for which he
is to be punished by banishment for seven years, Lord
Cockburn remarked incidentally, that it was a fact sa
disgraceful to the male sex as it was honourable to the
female, that during all his long experience he had never
once met with an instance of a wife who had been abused
and maltreated by her husband, even to the point of
death, who did not, when placed in the witness- b
her
injuries, him, greatly understate
her his treatment
and
from
injuries, in order to shield him,husband,
punishment.—Edinburgh Post.
ELOFEMENT AND ADVERTISEMENT —A .A western
editor, advertising his runaway wife in his own paper,
goes into more particulars than he probably would it he
was obliged to pay for his advertisement at so much a
line. • His wife, Dorothy, he indignantly advises the
public, has eloped with a bandy-legged, swivel-eyed,
crooked backed tailor. Theritu _
i an of
oesltootnla clothes
hhfasonottaypaken
his duck, and left a goose bu

NEW ZEALAND COMPANY.
A spacial General Court of the proprietors of this
company was held yesterday, at one o'clock, at the
offices of the company, Broad-street-buildings, for
the purpose of authorising the Court of Directors to
borrow and take up on loan, from the Lord High
Treasurer, dr the Lords Commissioners of her
Majesty's Treasury, any sum or sums of money, not
exceeding, in tk whole, the sum of 136,0001., to be
advanced to the said company from the Consolidated
Fund of the Unitecrningdom on the credit and security
of its property in New Zealand, in pursuance of the pro-
visions of an 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 of enabling the
Court of Directors to affix the common seal of the
company to any deed or deeds of assignment or
_ mortgage, or other instrument or instruments requi-
site ,or-expedient for such purpose ; and to do all
other acts which may be deemed necessary or expe •
dient for procuring the said loan, and carrying the
provisions of the said Act into effect.
The attendance of proprietors was not large.
Mr. AGLIONBY, M.P. occupied the chair, in the
absence of the Deputy-Governor, Mr. Baring. He
said the meeting, as they would perceive from the
advertisement, was called for a special purpose—
namely, to ratify the resolution passed at the former
meeting, for empowering the company to borrow
money fi om the Government, the law advisers of the
Crows having considered such a proceeding necessary.
He then called upon the Secretary to read' the
report. In doing so he said the Court of Directors
had prepared the report in order that the proprietors
might be put into possession of their views with
respect to the object for which the meeting had
been called, and to that object it was limited.
He begged leave to congratulate the proprietors
on the appointment of Mr. Cowell, as her
Majesty Commissioner for New Zealand.—(Hear.)
That gentleman was present—he had been present at
all the proceedings, whether in the committee-room
or in the courts, and his colleagues joined with him
in believing that his services would lead to the in-
terests of the company being better attended to than
they had ever been before.—(Hear, hear.)
The Secretary (Mr. Harrington) then read the
following report :
" On the 14th of May last, when you held your
annual meeting in this place, particulars were laid
before you of the arrangements which were then in
progress between your directors and her Majesty's
Government ; and, in anticipation of the necessary
sanction of Parliament, those arrangements received
your approval. The Act by which the required
sanction has been given, intituled An Act to pro-
mote Colonisation in New Zealand, and to authorise
a Loan to the New Zealand Company' (10 and 11
Victoria, chap. cxii.), is now upon the table; your
consent is requisite to empower your directors
to give effect to its provision, and resolutions
for this purpose will be proposed for your adoption.
By the arrangement with her Majesty's Govern-
ment, confirmed by Act of Parliament thus referred
to, a most important trust is confided to the New
Zealand Company. All the demesne lands of the
Crown in the whole of the Middle and of Stewart's
Island, and in the southern part of the Northern
Island of New Zealand, are absolutely vested in the
New Zealand Company, with power to administer, in
the manner stated in the Act, all the rights of her
Majesty in reference to the said demesne lands, in such
wise as shall seem to them best fitted to promote the
efficient colonisation of New Zealand. It becomes, in
consequence, the duty ofyour directors to lay before you
and the public the object with which they undertake this
great trust, and the advantages which, by means of
it, are offered to all ranks of society. The aim of
this company is not confined to mere emigration, but
is directed, as you have long been aware, to colonisa-
tion, in its ancient and systematic form. Its object
is, to transplant English society with its various
gradations in due proportions, carrying out our laws,
customs, associations, habits, manners, feelings—
everything of England, in short, but the soil. We
desire so now, to cast the foundations of the colony,
that in a few generations New Zealand shall offer
to the world a counterpart of our country, in all the
most cherished peculiarities of our own social system
and national character, as well as in wealth and
pucker'. Such is our aim in consenting to undertake this
trust. The New Zealand Islands seem to afford the
only field on the globe where it is any longer pos-
sible to attempt an enterprise of this interesting and
comprehensive character ; and in them many cir-
cumstances unite in a. remarkable manner to pro-
mise success, provided the proper means are prudently
and energetically combined. So much is now
generally known regarding the salubrity of the
climate of New Zealand (superior to all others in
respect of its freedom from drought ; from excessive
heat in summer ; from cold in winter ; and from
too much wet in any season)—regarding the great
fertility of its soil in many extensive districts—its
adaptation to agricultural and pastoral purposes—the
mineral productions, comprising coal, iron, sulphur,
copper, and several other useful kinds—the timber—
the excellence and number of the ports—and the ad-
vantageous position of the islands, which assures to
them ultimately the naval and commercial command
of the Pacific—that it is unnecessary at present to do
more than to allude to these points ; hut connected
with them, the moderate extent of the Islands is an
element cif great consequence. For a limitation of
_s..-the area In any field for colonising operations, where
neither slaves nor convicts can be employed,
is indispensably requisite for the retention of
.olonial society in the onward path of civili-
sation, and the prevention of the dispersion and
isolation of families so fatal to colonial prosperity.
Such is the country which Government now opens to
the enterprise and sagacity of the merchants, agricul-
turists, and gentlemen of England, and to the industry
4f its labourers and artisans, and on which her Ma-
jesty has graciously been pleased to confer rights and
institutions which offer the benefits of local and muni•
cipal self-government. But while the assemblage of
circumstances thus combining to promise that life in
New Zealand shall be agreeable, and property valuable,
displays itself in colours so attractive, care must be
taken that the attention is not for one moment
diverted from the great certainty, that social happi-
ness, and the growth of wealth in a new colony,
are results which may be entirely missed, unless the
methods which shall be employed respectively to I
achieve them embrace those elements which experi-
ence of the moral and material requirements of man-
kind demonstrates to be essential to their attainment.
No procedure—no organization—will prove of any
avail unless animated by such principles. Thus
religion and education are essential to the existence
and growth of social :happiness ; and although the
extent to which the colonists shall enjoy the
benefits of these blessings will ultimately depend
on themselves, yet the company will endeavour
to initiate the provisions for them in every one
of the settlements that shall be formed. In like
manner the growth of wealth (and with it all the
fruits of civilisation) depends entirely upon such a
combination between the capitalist and the labourer,
that each shall be reciprocally dependent on the
other. Capitalists without labourers would find
their capital paralysed; and labourers without capi-
talists, or independent of them, would uniformly pass
off into semi-barbarous cottiers, with no example of
any class of society better and higher than themselves,
and without any possible means of improvement.
Unless, therefore, the New Zealand Company can
secure combination between capital and labour, it
will fail of its great object. This combination is the
indispensable condition of colonial prosperity ; and all
the plans for new settlements, which your directors
will soon have to submit to the public, will be founded
on it. Their great desire is, and to the accomplish-
ment of it they will direct all their energies, that the
opportunity of gradually acquiring a good landed
estate shall be afforded to the gentleman and practi-
. cal farmer, and the certainty of good wages, good
living, and an ultimate independence to the industri-
ous labourer. In devising, and in steadily applying
the means for attaining these objects, consists the
main utility of the company ; and now that all
differences between
home and in it and the Government, both at
the colony, have entirely ceased—that
it is receiving 'possession of its long-withheld
lands, has been
ship which is now investedannounced,
with the great trustee
ship which is now armnounced, and that the natives,
reduced to order by the energetic and concilia-
tory policy of Governor Grey,
adopt-
ing the habits of civilised lifei are generally
the culture of the soil, both on theiret4ing themselves to own
directors
ournest
resume
as labourers to the settlers—your
a
their colonising operations under a confident hope that
they shall be enabled to carry to
result those principles which the experiencellpy
practical
of
co-
lonies, in all ages, has shown to be sound. Subject
all
to such modifications as altered circumstances render
necessary, they are prepared to go on with lan3 sals
and to resume their colonising operations in the,
existing settlements of Wellington, Nelson, New
Plymouth, and Otago ; and they will, ere long, make
known what new districts they offer for colonisation.
It only remains to state that John Welsford Cowell,
Esq., her Majesty's Commissioner, has entered upon
the execution of his duties. The directors anticipate
much advantage to the company, and to New Zea-
land, from the great experience and sound judgment
of this gentleman ; and they regard his appointment
with sincere satisfaction, for the evidence it practi-
cally atibrds of the disposition of her Majesty's Go-
vernment--effectually to co-operate in carrying out
the great
_public objects to which the efforts of the
company a?lg directed, and for the confidence which a
knowledge of that co-operation will impart to the
wiTON.I) \
-17fialtsaid the proprietors were no doubt
Use, Ace referred to in the report rendered
Alfe\proprietors should be called to-
lither they would confirm or not the
;1214 Government, adopted by them ,

on a former occasion. His first duty was, to move
the adoption of the report.
Mr. BaENAN said it would be satisfactory to the
proprietors to be informed whether the 130,000/. 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-
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 engagements,they 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-
complishediNothing 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—be
was the mainstay of the vessel in which they were all
in teres te (H ear, hear.)
The CHAIRMAN replied that it was never contem-
plated that the 130,0001. 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. He 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.
tilr. 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. BRENAN 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.—(Hear, hear.) As Captain
Otway 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 °TWAT 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
IVellington. 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
thatT huendreeproirtts
v.p.raessteiniet,ani
managementn it would become
one of the most important of the British possessions.
Ir eeffetheocurts be
sl:ia,greed to.
The CHAIRMAN saidu m
h,i‘cilh was S
theto the
e Court
following oof .itbh, at the report having been
agreed to, he would
wpropose the second resolution,
w
and they are
hereby, authorised and em
of
fer
Lord High
to borrow and
take up on loan from the
o Treasurer,
or the Lords Commissioners
jesty's Treasury, any sum or sums
not exceeding in the whole the sum of 136 money,
to be advanced to the said .company from i'
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 wislied to know whether the com-
pany had an absolute grant from the Crown of the
lands they proposed to mortgage ?
The CHAIRMAN said that the mortgage deed 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. 25,0001.
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 toreceive,
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 conipany, all sla, 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 Treasure'', or the Lords Commis-
sioners of her Majesty's Treasury, may hereafter
think fit and agree to 'lend livid advance to the said
company, in pursuanee':oriWiiowers and provisions
of the said Act; and thattbO.receipt or receipts of
such two directors for.:the:wae shall be valid and
binding on the said company:',';
Thanks were then moved,4Lnd unanimously carried,
to the Chairman am:Wide-tors; -to Captain Otway, and
to Mr. Cowall, her.Westy's Commissioner, and the
court breke‘ir. 3 r-

FROM THE—LONDON GAZETTE OF
y.RIDAY.
DOWNING-STREET, OCT. 15, 1847.
The Queen has 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, end county of Inverness, vacant by
the transportation r of. the Rev. Henry Beatson, late
Minister thereof, to the church and parish of Barra.

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