The Sun.
London, England, 1851-08-14 00:00:00

Colonel ROMILLY—You do not think it would be
possible fur local Commissioners to judge of the
general amount of the incomes of persons in the
neighbourhood ?—Perfectly impossible.
CHANCELLOR of the EXCHEQUER--Would there
not be a difficulty in the case of persons having
property in different parts of the kingdom which does
not exist in the case of a person carrying on busi-
ness at one particular place ?—Yes ; it would be in-
surmountable.
CHAIRMAN—CouId there be any more simple
mode of arriving at the point than going to the
source of each subject of income ?—I think not.r
This is the simplest and easiest course ?—). e
CHANCELLOR of the EXCHEQUER—Is not'' .4d
course which, in point of tact, is adopted ir. t case
i
where it is possible under the existing law —lt s in
every schedule except Schedule (D).
Lord H. VANE—Where it is impossible ?—Where
it is impossible.
Mr. J. WILSON—What, does foreign property come
under Schedule (D) ?—Yes.

SHIP NEWS.
NOTICE.
The following has been posted at Lloyd's :
" Lloyd's.
" I am directed by the Committee for Managing the
Affairs of Lloyd's to request your attention to the an-
nexed letter from the Secretary of the Chamber of Com-
omfetrrcaedeasthe
Bombay, on a subject which has been for some
time under the consideration of this committee.
"It is unnecessary to urge upon you the great import-
ance of being able to retain at the port of London, and
if possible to secure an increase, of so important a branch
T he importation
adoptiono of
f cotton
th? from
Liverpool
lwi
systemll
with reference to damaged cotton being essential for such
evi-
dently become.
purpose, I am directed to suggest for your consideration
whether, by mutual consent of the assured and under.
write;s, a practice might not be adopted of inserting a
clause in policies on cotton, agreeing, that in case of sea
damage the cotton shall, when practicable, be picked and
made merchantable. This arrangement has been adopted
already by some merchants, who thereby effect their in-
surances
on more favourable terms, and it is suggested
that this practice might be generally carried out with-
out prejudice to any interest.
"The committee have ascertained from the several
dock companies that instructions for such purpose must
originate with the importers, and in inviting the co-
operation
(im m itteeof
wouldt he
be mercantilehapp yto receive
community
observations which may tend to promote un object of
such great importance to the trade of London.
" am, your obedient servant,
G. A. HALSTEAD, Secretary.
(Copy.)
TO THE COMMITTEE OE MANAGEMENT TOR TUE AF-
FAIRS OF LLOYD'S, LONDON.
a any ofsuggestions this

" Bombay Chamber of Commerce.
" Gentlemen,—l am desired by the members of the
Chamber of Commerce at this port to bring under your
especial notice the fact that a system of business exists
in London which does not obtain at Liverpool, and
which has not only been found to be deeply injurious to
the interests of underwriters, but threatens at no distant
period to diminish the business of the port of London,
and to withdraw from it such trade as can be more ad-
vantageously transacted at the rival port adverted to.
• " I refer to the system practised in your docks of
making the smallest appearance of sea-water on pack-
ages first-class sea damaged,' and, save at special re-
quest, avoiding to do that which is rationally and fairly
done at the port of Liverpool, i. c., causing such pack-
ages as can without any diminution of the principle of
just dealing be made merchantable' to bo so prepared.
" I would call your attention to the staple of this
port in particular, viz., cotton, the slightest stain on
which is designated as before referred to, and causes id.
per lb., equal to 4s. 2d. per bale, to be deducted, as a
matter of cuurse, even at public sales, while from the
hard screwing of the article at this port the fair allow-
ance to the buyers would be inappreciable. The system
prevails all through dock transactions, and lam in-
structed to say that large profits have been made by the
buyers of so-called damages.' Ehe system, no doubt,
originated under the East India Company's and dock
companies' monopolies, and should with them be con-
sidered equally obsolete.
It is so clearly to the interest both of merchants
and insurers that a practice such as is herein complained
of should be protested against, and if possible be abro-
gated, that this Chamber rely with confidence on the
early and zealous exertions of your committee to put a
stop to customs which are alike unjustified by equity,
interest, and common sense.
"' I have the honour to be, Gentlemen,
" Your most obedient servant,
" JOHN CONNOR, Secretary.' "

NOTICES TO MARINERS.
BEACON ON RENNERY ISLAND, NEAR BOMBAY.
Information has been received at Lloyd's that a bea-
con of a conical shape, 38i feet diameter at the base, and
rising to the height of 50 feet, painted white and red is
alternate horizontal bands, has been erected on Kenner,
island, situated to the southward of the entrance to Bom-
bay harbour.
The beacon is surmounted by a staff with a ball at
the upper end, and on a clear day will be visible at a
distance of twenty miles.

ADEN SACK 'SAY HARBOUR FLOATING LIGHT.

Information has also boon received at Lloyd's that s
floating light is placed off Ras Marbat, at the entrance
of Back-Bay Harbour of Adea, bearing, by compass,
from the western extremity of Ras Taratane, N. by E.,
distance three-quarters of a mile from Jezaret Sulliel,
S.W. hW. distance 4i miles. It is a fixed natural light,
and will be visible is a N.E. direction, from N. by E.
round to N.E. E.
It is elevated 35 feet above the level of the sea, and
will be seen 10 miles from an ordinary ship's deck.
The light-vessel will fire a gun and burn a blue light
on the approach of a ship into the bay. She is painted
red, with u red ball on the mast, and flies a red flag a$
the masthead on a ship passing in or out.

GRAVESEND, AUG. 13.—Wind S.E., light, fine.
Arrived—Sophia Dorothea, from Sanguenay; Norma,
from Porsgrnnd; Leander and Martin, from Quebec;
Seedovia, from Cephalonia; Deo Data, from Dram;
Victoria, from Finland; Preciosa, from Dantzic; Elizeo,
from Archangel; Langen, from Christiana; City of Lon-
don, from Dunkirk; Batavier, from Rotterdam; Albion,
from Boulogne; Rhine, from Ostend.
Sailed—Konigsberg, Napoleon, and Elizabeth, for the
Baltic; Carlotta, for Cadiz; Triton, for Ostend; Stadt
Dordt, for Dort; Ocean and Apollo, for Rotterdam;
Seine, for Boulogne; Princess Royal, for Hamburgh;
Lion, for Harlingen; City of Rotterdam, for Dunkirk;
Baron of Bramber, for Gibraltar; Druid, for Cardiff;
William, for Leer; Countess of Durham, for Valparaiso;
Rival, for Boston; Catherine, for Conetantinoplei
Lavinia, for Guernsey.
VESSELS SPOKEN WITH.

Souvenir, from Tralee, for New York, July 20, ill
long. 45.
Randolph, July 6, in lat. 18 N., long. 40 W.
Athens, outward-bound, Aug. 9, in lat. 51 N., long. 9 W.
Jessica, from Mobile for Liverpool, July 18, in lat. 32 N.,
long. 79 W.
Lady Milton, bound W., Aug. 9, in lat. 51 N., long. 12 W.
Ritson, July 3, in lat. 16 N., long. 33 W.
Holywood, from London, for Matanzas, July 14, in lat.
30 N., long. 37 W.
William Edward, of Aberdeen, for Rio Janeiro, Aug. 1,
in lat. 42 N., long. 13 W.
Dawn brig, from Belfast, Aug. 8, in lat 46 N., long. 11 W.
Sarah, American barque, steering south, July 13, in lat.
1 27 N., long. 37 W.

NEW ZEALAND COMPANY.
Yesterday . afternoon a general meeting of the
shareholders in this company was held at their houso.
Broad-street-buildings, for the purpose of taking into
consideration the present state of their affairs, and the
best means of releasing themselves from the difficul-
ties in which they are placed. Mr. A. Currie pre-
sided. At the meeting which was held on Wednes-
day,that the
the 30th ult., it was announced that the deben-
tures for which the company bad become responsible,
and which had been given in order to raise capital to
the Can.
enable the Canterbury Association to carry out their
hpermoptoosedrabisye
100,0001.
colonizing operations, had become due, and
company had no means of ni. feting them, unless the
Gteorbveurrnymceonnitmaiststeenertdo teonaab.Bleilti
The Government refused its assent to that
measure,
and various means were discussed for inducing _
the Go-
vernment to withdraw its opposition, in consideration
of certain sacrifices of capital
which the New Zealand
shareholders were willing to make. Palling in this,
the only alternative was to call
upon the new share-
holders, which, in the present position of the com-
pany's affairs, would act most prejudicially to their
interests. The amount required to meet
the deben-
tures was about 26,0001.,
a considerable portion of
which, however, would be provided for, leaving in
the end a deficit f
0 about 10,0001. The chairman, in
answer to several questions, remarked that since the
last m • eetmg letters had been addressed to her Ma-
jesty's Government, and to the directors of the Can-
terbury Association, relative to the pecuniary condi-
tion of the company, but from neither of them, up to
the present time, had answers been received. If any
Money could be collected, the directors would not
make a call upon the shareholders ; but if they failed
in their negotiations, a call would be inevitable. Mr.
Harrington, the secretary, stated that there had been
some land sold, for which the company would have
to receive money, but at present he could not inform
the shareholders with any degree of accuracy what
would be the amount. In consequence of them na"-
tisfactory state of the company's negotiations, WAS
deemed unadvisable to prosecute the inquiry further,
and it was agreed that on a future day the subject should
be more fully gone into. It was stated that, in the
event of a call being determined upon, the share.
holders would be requested to append their names tO
a paper expressing their willingness to meet it. The
proceedings then thrminated.

William Harper, Esq., of Bury, had an interview with
the Goneral Board of health yesterday, Qt their office,
Whitehall.