The Sun.
London, England, 1845-02-10 00:00:00

elusion of the natives, appeared to me not less at variance
with the directions of the Marquis of Normanby to Cap-
tain Hobson, " to obtain by fair and equal contract with
the natives the cession to the Crown of such waste lands
as may be progressively required for the occupation of
settlers," and to apply the proceeds of the " re-sales of
the first purchases' to the provision of funds necessary
for future similar acquisitions. It must be remembered,
that these directions had not only been promulgated, but
acted upon in the colony at an early period after the
sovereignty had been assumed.
Lastly: it appears to me inconsistent with the practice
of these tribes, who, after cultivating, and, of course, ex-
hausting, a given/spot far a series of years, desert it for
another within the limits of the recognised property of
the tribe. _ _ _

appropriate funds specially for this purpose ; nor can I
hold out the expectation of a large increase to your mili-
tary force. On this subject we had full explanations
previous to your departure. There is no army in the
world which is called upon to perform such severe duties
as ours in time of peace ; every addition to the colonial
service renders necessary a corresponding increase
in the force at home, in order to maintain a sys-
tem of reliefs, which is absolutely necessary to
the comfort of the men and discipline of the ser-
vice ; and there is nothing which has so per-
nicious an effect upon that discipline, as the system ne-
cessarily resorted to in the colonies, of breaking up
the military force into small detachments stationed at
remote points for the protection of scattered settlements,
and affording scanty opportunities for supervision by
superior officers. I conceive that the character of the
settlements in New Zealand renders it peculiarly neces-
sary to guard against this evil, and the military force at
your disposal must not only continue limited in amount,
but must also be kept as much as possible concentrated,
and only applied in extreme emergencies.
If, indeed, it had been my duty to instruct you to act
upon the principle laid down by the majority of the
Committee, of considering all unoccupied lands as vested
in the Crown, and of confining the native tribes to such
portions as they are actually enjoying and occupying. I
should have felt that a very large increase of both mili-
tary and naval force was requisite, and should have
looked forward with apprehension to the results of the
alienation and hostility which such a measure would en-
gender between the two races; but I rejoice to see that
the Committee abstain from recommending that you
should act on the principle which they lay down, and,
for my own part, I cannot take on myself the responsi-
bility of preslribing to you a course which, I believe,
would be neither consistent with justice, good faith, hu-
manity, or policy.
I discussed with you personally the subject of the
establishment of a militia, adverted to in the 14th re
solution, or of an armed police force on the footing of
the Irish constabulary ; and directed your attention to
a short dispatch of Lord J. Russell in 1840, suggesting
this subject for the consideration of the local Legisla-
ture, and promising further instructions upon it. It
does not appear that such instructions were subse-
quently transmitted, nor have the Legislature, so far as
I am aware, directed their attention to the subject. It
was brought to your notice by my dispatch of the
11th of March, 1844, and Ido not doubt but that on
the receipt of that dispatch you will have acted on
the instructions conveyed in it, if you had not antici-
pated them.
I entirely concur in the wish expressed by the
Committee in their 16th resolution, that the natives
should, as far as possible, be employed in the civil
service of the Government, and I need not re-
mind you of your own avowed determination to en-
deavour to act upon this principle, and gradually to in-
corporate them into European society ; conferring
on their chiefs such petty marks of distinction, and such
degree of authority as they might be trusted to exercise,
and employing the natives generally in the duties of
messengers, police, and other subordinate situations, im-
plying, however, a certain amount of confidence. Whe-
ther it would be possible or safe to embody natives as a
military force, either mixed with the settlers, or as a
native corps, officered by Europeans, as suggested by
the Committee in their 15th resolution, is a question in-
volving very important considerations, and requiring
much more local knowledge than I am possessed of to
form a correct judgment.
The only remaining resolution of the Committee
upon which it appears to me necessary that I should ad-
dress you is the 17th, which recommends, " that efforts
should be made gradually to wean the natives from their
ancient customs, and to induce them to adopt those of
civilised life, upon the principle recommended by Cap
tain Grey in his report on the mode of introducing civi-
lisation amongst the natives of Australia."
Knowing, as I do, the deep interest which von take in
all that rt lates to the welfare of the natives of New Zea-
land, it would be, I feel, superfluous on my part to press
upon your attention the importance of the subject of this
resolution.

On the other hand, I had no doubt that on your ar-
rival in New Zealand, you would find that there were
considerable tracts of country to which no tribe could
establish a bona fide title ; and still more extensive dis-
tricts to which, by personal communication with the
chiefs, you would obtain a title on easy terms and by
amicable arrangements. I had thus, in some measure,
anticipated the wish of the Committee, but I cannot go
with them in directing you " forthwith to establish the
title of the Crown to all unoccupied land," except, in-
deed, under the extensive qualification of the following
words of the report, " as soon as this can be safely ac-
complished."
On this fundamental point depends the whole of the ar-
rangement with the New Zealand Company, to which I
must now advert; and in reference to which I do not think
that the report of the Committee renders it necessary
that I should in any way modify the instructions which
you have already received. I do not think it would
answer any useful purpose to discuss the terms of the
original agreement with the Company. I retain my
fixed opinion, that that agreement was based upon the
assumption that the Company had obtained by purchase
from the natives a much larger tract of land, of which
they consented to receive a portion by grant from the
Crown. The Committee have recorded their opinion,
" That the New Zealand Company has a right to expect
to be put in possession, by the Government, with the
least possible delay, of the number of acres awarded to
it by Mr. Pennington • that the Company has this right
as against the estate Of the Crown, without reference to
the validity or otherwise of its supposed purchases from
the natives, all claims derived from which have been sur-
rendered ; adding, that the Company, in selecting the
land to be granted by the Crown within the defined
limits, cannot claim the grant of any land not vested in
the Crown."
On this subject I have only to advert to the letter
from my Under-Secretary to the Governor of the Com-
pany, of the 10th of January, 1843, in which I made
an offer, rejected by them on the 24th January, to in-
struct the Governor " to make to them a conditional
grant, subject to prior titles, to be established as by law
provided, not only of such portion of the Wellington
settlement as is in the actual occupation of settlers under
them, but also cif all parts not in the occupation or pos-
sessian of others ; the extent of such grant, of course,
not to exceed that to which they are entitled under Mr.
Pennington's award ;" awl to the subsequent letter from
Mr, Hope to Mr. Somes, of the Ist of February, 1843, and
to my instructions to yourself, which I had reason to
believe, when they were issued, were acceptable to the
Company. Those instructions authorised you, in sub-
stance, to make grants to the Company, and to their
settlers, of land to be selected by themselves, within the
districts specified in the arrangement with Lord John
Russell, so far as the Crown had power to make such
grants—that is, subject to the condition that such lands
were vested in the Crown, and that no other parties
could establish a valid claim to them.
Tnis direction was repeated in my dispatch to you of
the 26th of June, and appears to me practically to fulfil
the intentions of the Committee, as embodied in their
4th and sth resolutions ; for while they assert the right
of the Company as against the estate of the Crown, they
as distinctly negative the right to select any land not
vested in the Crown. The question then ultimately re-
solves itself into the inquiry, whether any particular
lanas be so vested ; and I see no mode of settling this
question but by the conditional grant, which you are
already instru ted to make, giving to the Company and
its settlers the benefit of a prima fire title ; but not de
barring other parties from substantiating by law a prior
title. You have already been instructed further to use
your influence in obtaining for actual settlers, on fair and
reasona,We terms, the possession of lands on which t hey may
have effected improvements, even though an adverse title
should be substantiated; and to these instructions I have
nothing to add, nor does the Committee, I thiLlc. suggest
any practical solution of the difficulty. lam not with-
out hopes that before the report of the Committee reaches
you, you may have been enabled, in pursuance of the in-
structions which you have already receive], to place this
question on a satisfactory footing.
You will carefully consider the suggestion thrown out
by the Committee in their seventh resolution, of rai.yit,g
a revenue, and at the same time of checking an inor-
dinate accumulation of waste land in the hands of indi-
viduals, by imposing a tax (subject to the conditi,ns
and exemptions there specified) of 2J. per acre, or aoy
other sum, upon all lands in the colony. You will
ob-
serve, that from this tax it is proposed, by the eighth
and ninth resolutions, to exempt the lands of the New
Zealand Company " so long as they shall continue to
sell not less than 1-25th of the land granted to them
annually, anti to expend a fixed proportion of the pro-
ceeds in emigration," and also lands actually occupied
and enjoyed by the natives, as " reserves set apart and
held for their benefit." It is, of course, intended that
the tax should apply to all lands claimed as the property
of native tribes, and not in actual cultivation; and I
presume it is contemplated that the non-payment of the
tax shall be followed by confiscation of a portion of the
lands equivalent to the amount of the tax unpaid. I
think it will be very difficult to apply the principle to
the remoter tribes, which are only partially subject to
our authority; and with respect to all, its application
would require the greatest caution. I wish, therefore,
to leave you an uneettered discretion on this point,
though, if it can be peaceably effected, it would appear
to suggest an easy mode of obtaining a large amount of
disposable land in commutation or redemption of. the
tax upon the remainder.
The Committee (page 11 of their report) lay great,
and, as it seems to me, very just stress upon the adop-
tion of a good system of native reserves. I agree with
them in opinion that the natives should be encouraged as
far as possible to settle upon land reserved for them, in-
terspersed with the lands of European settlers, rather than
in large and detached blocks, wholly isolated ; but this
is an object which can be only gradually accomplished,
and which you must induce the natives to adopt of their
own accord, and to which you cannot drive them by
force. I understand, indeed, that the local Government
has already acted upon this plan. and also anticipated
the suggestion of the Committee to lease to Europeans, if
they can be induced to take them, portions of' the land
reserved for the benefit of the aborigines, which they
may not require for their immediate occupation. With
regard to the reserves within the Company's territory,
the Committee express an opinion by their 10th reso
lution, " that these reserves ought not to be included in
calculating the amount of land due to the Company;"
but Ido not find this subject adverted to in the report,
nor any reason assigned for the conclusion at which the
Committee appear to have arrived.
You will perceive that the Committee, by their 11th
resolution, advert to the confusion and mischief which
has been stated by the witnesses to have arisen from the
non-settlement of the land claims, and recommend that
measures should be adopted for " granting legal titles
with the least possible delay to the actual occupants of
land, except under special circumstances of abuse."
It is probably not necessary that I should now recal
to your recollection the importance which, in our discus-
sions before you left this country, I attached to an early
settlement of land claims generally. I trust that before
this can reach you, the titles of all who may have been
able to substantiate their claims according to the provi-
sions of the Land Claims' Ordinance, will have been fully
confirmed, and the necessary title deeds been issued to
them. The resolution of the Committee, however, ap-
pears to point to cases of occupation by parties without
legal claims.
It is difficult, without fuller information than I possess
as to the number of persons so occupying, the history of
the means by which that occupation was acquired, and
the extent of it, to give you any precise instructions on
the subject. I can only, therefore, state generally my
wish that such persons should be dealt with in the spirit
recommended by the Committee, in as far as it is practi-
cable to do so consistently with the provisions of the Im
perial Land Sales Act, 5 and 6 Viet., c. 36.
You will not fail to observe an opinion strongly ex-
pressed by the Committee, " That the prohibition to all
private persons to purchase laud from the natives ought
to be strictly enforced, except that land which may have
been purchased by natives they should be at liberty to
sell again, provided the transaction be sanctioned by the
Protector." There can be no doubt of the necessity of
imposing such restrictions on the sale of land as should

preclude the possibility of the Government being outbid
in its negotiations with the natives by private settlers ;
but you appear to entertain an cpinion that a mode
might be devised by which parties might be allowed to
purchase directly from the natives, the purchaser paying
to the Government on each sale such an amount as
would be fully equivalent to the ordinary difference be-
tween the price paid to the natives and that at which
land is sold by Government. Until I shall have learnt
whether you have taken any and what steps in this di-
rection, I abstain from doing more than calling your at-
tention to the opinion of the Committee.
Before I quit this subject,l must add that with everydesire
to maintain for the natives all their just rights, I cannot
but think that some of those by wilt m they hare been
advised have formed, and encouraged them to form, ex.
aggerated notions of the value of land, and have sanc-
tioned claims for compensation which certainly appear
extravagant. I have not received accounts of any cir
utristances of this kind subsequent to your arrival in the
colony ; and I am sure that you would feel it your duty
to disc:,urage any exorbitant or unreasonable den-mils
upon the settlers, by whose presence and exertions it
must be remembered the present high value has been
given to the possession of land, which, before the arrival
of Europeans, bore a very inconsiderable morey value. It
would, I think, be easy to show, that while it is our
boicalen duty to protect the natives against aggression,
it would not tend to their real advantage to encourage
tshrr to expect inordinate payments for their land, while
uoii
a system muAt have the effect of, beckire•the spread
of European immigration, on which, if properly cot.-
trolled and regulated, the prosperity of New Zealand, as
a Britishith regard to poss,sssim mustl mainly dep, nd.
With
on by the 13th militaryresolution, and naval protecti, n, touched
already, as you are theau are, Board of Admiralty had
antlers my directions, sanc-
tioned the continued presence' ot.adverting to the calls which are matte for vessel of war; but,
in every direction, and to the enormous expense
x
ma;ntaining, them, I cannot hold out to you ethirnexpec-
tationof that her Majesty's Government will have it in
their power to recede to the rec )minentlation of the
Committee, that an arm, d steamer should be constantly
at your disposal, unless Parliament shall be willing to

The Committee, in referring to the report of Captain
Grey, evidently can do so only with reference to the
adoption of the general principle upon which he pro-
poses that his system should rest ; the details of his plan
are obviously unsuited to the character and habits of the
natives of New Zealand, differing as they do most
widely from those of the aborigines of the continent of
Australia.

names of qualified persons had been omitted from the
special jury book ; but it was possible that a bye '
explanation might have passed between his Lord-
ship an 1 the Learned Attorney-General for Ireland,
that had escaped us all. In the hope of finding such
explanation, we therefore turned to the authorised
report of the Noble and Learned Lord's argument pre.
pared by Mr. David Leahy, one of the counsel in the
case, and published by Mr. Butterworth, the eminent
law bookseller, on the 12th of October last—a consider-
able time after the judgment had been delivered. We
call this an authorised report, because Mr. Leahy states
in his preface that he was in communication with the
Lord Chief Justice upon the subject of his publica-
tion, and he was even favoured with the Noble and
Learned Lord's private notes upon the case, which he
prints at the end of the speech to the extent of no less
than 20 pages. Now, in the speech, and the annexed
private notes, we find the omitted names uniformly
enumerated at sixty, without any expression of doubt,
any explanation, or any correction of the number. "If
I am asked," says Lord Denman, in the concluding pa-
ragraph of his private notes (p. 67), " how many omis-
sions and interpolations will suffice to vitiate a return,
I might perhaps decline the question as irrelevant,
because the number actually omitted is at all
events so considerable, as
.to disturb the identity of the
return. But I would decline to answer it for another
reason, the impossibility of tracing the operation of the
faulty proceeding. The truth may be, that the whole jury
of twelve would have come out of the rejected sixty."
Here, then, we think,. there is conclusive evidence
that Lord Denman did not correct his error in the
course of his speech, for he would scarcely permit
what (upon the hypothesis that he did) he must
have known to be false, to be printed as with his au-
thority, a month after the speech was delivered.
That Lord Denman did correct, with his charac-
teristic candour, one very important error, we re-
member ; and we find the correction noticed in Mr.
Leahy's authorised report. " I understand," said the
Noble and Learned Lord, " that the whole list of
jurors for the county of the city of Dublin
consists of 717 ; it is also mentioned by Mr. Justice
Burton in his judgment. Now the special jury list out
of that must be a very small and inconsiderable propor-
tion of it (viz. of 717), and the omission of sixty names
out of such a proportion of the Sheriff's jury list
as remained for special juries is enough to affect
any panel. I am not sure whether I am
stating correctly the number of the whole book or
not." " The Attorney-General for Ireland—As
your Lordship has appealed to me, I would say that
the special jury list contained the names of seven hun-
dred and odd." " Lord Denman—l am much obliged
for the correction," &c.—(See Mr. Leahy's Report, page
17-18.) We cannot help thinking that this is the cor-
rection which our kind monitm c infounds with another
equally important correction, which the Noble and
Learned Lord ought t.,) have made, hut which, unfortu•
nately, he does not appear to have made.

The difficulties with which the governors of the other
Australian colonies have to contend in inducing the na-
ives to adopt a settled life, to resort to cultivation of
the soil, and to engage in the occupation of Europeans,
do not exist with you ; and the rewards which he holds
out to settlers for the permanent employment of natives
in th&r service, and other leading features of his scheme,
are obviously wholly inapplicable to New Zealand.
The principle upon which Captain Grey proceeds, viz.
that of bringing, as speedily as possibly, the aboriginal
inhabitants of the country under similar laws with the
Queen's native-born subjects, and into habits of civilised
life, is one to which, as you are well aware, I fully
assent, and which no one has more warmly at heart than
yourself.
I am quite sensible that, in endeavouring to eff,•ct
these objects, it may be necessary to temper the strict
application of the penalties of British law with much
discretion and forbearance. Under certain circum-
stances, indeed, I am afraid it may be inevitable to con-
sider, before interfering with native customs, which are
in themselves objectionable, how far the means of coer-
cion at your disposal may render it prudent for you to
take steps for that purpose, which, in case no resistance
was to be apprehended, you would not hesitate to adopt.
Difficult, however, as the task may be, I trust that your
endeavours to effect it will be unremitting ; and I cannot
but hope that., by firm and judicious conduct, by inspiring
a respect for the rights which are guaranteed, and a
dread of committing the offences which are prohibited
by British law, at the same time you convince their
minds of its justice, by making them feel that in their
persons and properties they enjoy full protection, you
may gradually wean the native tribes from their savage
habits, render them submissive to British law, and in-
corporate them in the community of British subjects.—
I have, &c., STANLEY.
In a second dispatch Lord Stanley inclosed to Gover-
nor Fitzroy copies of correspondence with the Admiralty
respecting the furnishing a steam-vessel for the New
Zealand service. The average cost of such a steamer as
that required, of the class of the Volcano, is stated to be
about 5,0001. a year; the expense of the Volcano being,
in the year 1841, 9,0011. ; in 1842, 5,1571.; and in 1843,
4,5871. In the first of these years:the vessel was completely
refitted.

PROPERT Y AND INCOME-TAX.
3n Friday next the Premier will propose, the continu-
ance of the property and income tax, as he is pleased to
intimate thus early, "fora further limited period." What
that limitation is to be, whether two years or seven, or
the term of our natural lives, he leaves us still to con-
jecture. What taxes he may at the same time propose
to remit, is a matter for the
present equally inscrutable
to human eye. A week longer is left for toe respective
patrons of cotton, and corn, and tea, and sugar, and
paper, and windows, to weary Heaven and Sir Robert
Peel with their cries of deliverance for their several
articles. For a week longer the tariff will be mt lted
down to the consistency of siy.culative or contingent
matter in the secret chambers of Whitehall. Once
recast, once chrystallized into a financial exposition,
vain will be prayer, deprecation. and argument. It will
then receive the adamantine obduracy of its maker ; and
no consolation will be left for those who happen to be
then disappointed but the reflection that all thing; pass
away and so must ultimately Sir Robert Peel.
As we have not given ourselves in a very headstrong
way to any one application of this nature, and can bear
swuirtshe• equanimity
eniPmrietmy Premier's absolute
He l
a re
fusali we can afford to
lives by his
income-
tax. It is the Club of the Conservattve Hercules.
Others have a thousand resources, many of them rather
indifferent; he has one, and that fairly effectual for the
nonce at least. Others insinuate a tax here and a tax
there, wherever an opening offers; Sir Robert does his
work with one knock-down blow. " A strong pull,"
and, we fear, " a long pull," is his motto. Unless he is
blessed with some unforeseen opportunity of ehanging
his line, he must pass for a man of one idea, viz , id. in
the pound. He will be computed as an additional
pressure of 3 per cent. on human industry. As he de-
serves a better fate, and a more honourable name, so
we heartily- desire he may repent of the tax before his
official exit. For his own sake we should be sorry that
he shonld go down to posterity with that rough append-
age. Nothing is so intolerable as any approach to a per-
sonal impost. Vespasian procured for himself thereby
an unseemly association of ideas. A poll tax and Wat
Tyler cleave to the memory of Richard the Secona's
advisers. Peter's penny helped to put out the Pope.
Ship money and benevolences contributed much to the
ruin of Charles I. The duty on hair-powder revolution-
ised the dress, the manners, the mind, and almost the
Constitution of England, and is an everlasting type of
Mr. Pitt's necessities. We could almost predict an equal
perpetuity of fame to Sir Robert Peel's income-tax.
How many xamples in practice will he furnish to future
Cookers and Walkingbames : How often will the Les
Pelil perplex the student in British antiquities I how
many thousand times will the schoolboy confound an in-
come its the Three per Cents., and three per cent. on the
income 1 His confusion will be worse confounded when
deo this
m
Whigf or
em metal,
r on
regime,
th
e
puzzled s o i
nth
estkali,naflnindtthPeeedlimti
wantonly
inu,,n
he further
ohtlfhouatertet
rdhweeiN
with
ehhnreteuhaeepduesanottdpthrleiaertti
will arrive at some strange conclusions to the pre-
judice of Peel or of the Whigs, as the case may happen
to be. Sir Robert, who yields to no man in hise3"ppe
eye for
future contingencies, has doubtless foreseen all this; and
is not a little anxious to set himself quite right with pos-
terity. To do this, he must SORTI or late resign the in-
come-tax. It is one horn of his dilemma. -
The other is how to do without it. The extent of this
difficulty may be perceived by casting of eve over the
return of the public income and expenditure just laid
before Parliament. In that imporaTit summary the in-
come-tax is expressed by the very respectable figure of
5.191,596/. With it, there is an excess of income over
expenditure of 3,356,1051. Without it', a deficiency of
nn
pe of this tax was, that
1,835,4911.; in round numbers two millions. which i.
such
j
verych
n.
Now,improvement
The priprinciple on
l the good old days of
Lord
under its temporary shelter, a thriving young plantation
of smaller taxes was to grow up to such vigour end di-
mensions as to dispense with their unsightly protector.
They are two millions a year off yet. Such is the exist-
ing embarrassment which the public importunity has
aggravated, and threatens to aggravate still more. On all
sides arises a clamour for reduction ; commerce, manu-
facture, enjoyment, and life itself, demand fgosh ease-
ment. Yet every thousand surrendered, is another thou.
sand added to that two millions which the still laggard
revenue must pull up before it overtakes the runaway
expenditure. Gladly would we see the cotton-tax or
the window-tax removed, but the former reduction alone
would make the deficiency in our permanent arrange-
ments nearer three millions than two. If we once begin
with lopping off the lesser taxes, on the strength of that,
temporary and fictitious excess presented by the pro-
perty and income-tax, we may as well give up all
thought of its entire abandonment, and resolve it into
its temporary and its constant part, its mortal and im-
mortal nature. Tax wealth, and frank industry—lay
your permanent burden on permanent property, but
deal lightly with the precarious labours of trades and
professions, and the Minister will have no need to meet
Parliament every year with apologies for national con-
fiscation.
Meanwhile a document has been ushered into the
world, with a degree of coyness and backwardness
quite inexplicable, which seems to throw some light on
the Premier's intentions. Unless he has put it out
merely in defence of what he has already done, or in
a certain exuberance of arithmetical production,
merely because it is his nature to develop in tabular
forms, it means a further modification of the tariff. In
a blue book of considerable bulk we have a comparison
of imports and duties before and after the establishment
of the new tariff.—The genius of minuteness and subdi-
vision never showed to better advantage. Eight sche-
dules give this comparison on articles now producing
respectively less than 100/. a-year each, from 100/. to
500 L, and so on till we come to two schedules containing
the more important items of revenue from 50,000/. to
100,0001. each, and 100,000 L upwards. The commo-
dities under each schedule are further divided into
raw materials of manufacture, partially manufactured,
wholly manufactured, articles of food, and miscellaneous.
To this is prefixed a summary of the produce to the
revenue, which our readers will find entire in another
column. The first subdivision shows the amount of the
direct relief which manufacture has received from the
new tariff by the reduced duty on its raw materials, viz.,
about 800,0004 a year, the amount of the materials them-
selves having considerably increased. The second has
much the same aspect, showing about 400,300!., repre-
senting more than that amount of annual aid to those
processes which work up and finish partially manufac-
tured articles. The third shows that, under reduced
duties, the import of wholly manufactured articles has
so increased as to return the same amount of revenue.
The fourth exhibits this still more strikingly in the case
of articles of food, comforts, and luxuries. Notwithstand
ing the- serious, and we suppose it must be added alarm
ing, reduction of duties on these items, the revenue upon
them has increased more than 1,400.000/. a-y, an The
total !Isla's the revenue a gainer by the new tariff, and
the kingdom consequently 8 (seiner by the vastly in-
creased importation. It is evident that a comparison of
the produce to the re.. entie is the (lily possible method
within the reach of Government fer itelicating the cum-
perative quantities imported, money being 0:e only
common treasure of the twelve or fifteen hundr d
various articles specified in this return. In a day or two
we may perhaps gather resolution to plunge into this
vast and most miscellaneous store At present we car
only sirgle oat one giant less or sacrifice, as pr ople may
(house to take it. By the reduction of the duties on
timber the revenue has lost about 800,000/. a year ;
when it is evident that through the generel improvement,
of trade we should have had an immense increase under
that head, bat for this sweeping reduction.— Times.

-----
GREENLAND.—The Greenlanders, who are not very
tender with regard to the weather, have this year bad
to endure a winter much mole rigorous than ordinary,
the cord I aving often been 58 degrees below the freez-
ing point. The inhabitants of these desolate countries
have besides been so tormented by famine, that they
have been reduced to eat their old gam( rit;, ff-rmed of
skins of beasts. To heighten their dit-treEs, a contagious
malady has broken out among them, which has carried
off many persons.—Commerce.

THE SUN, LONDON, MONDAY EVENING, FEBRUARY 10 1845.

LATEST PRICES OF SHARES
N RAILWAYS, BANKS, ASSURANCE, AND
OTHER COMPANIES' STOCK.
From the Official List,

PUBLISHED EVERY TUESDAY AND FRIDAY EVENING

LONDON, FRIDAY, FEBRUARY 7.

RAILWAYS.

Dividend Amount
Name of Company. per of Paid. Price.
Annum. Slare.
•
X s. d. A; s. d.
Aberdeen •••• • • • •• • • - - 2 0 0 2%
Birmingham & Gloster 31. 55. perch. 100 0 0 100 0 0 130%
Ditto, New, iss .71 dis. 15s. 25 0 0 17 10 0 323
Brighton,Lews,&Hast. - 50 0 0 50 0 7%
Bristol and Exeter •• • • 2/.165. per sh.. 100 0 0 70 0 0 79
Ditto and Gloucester - 50 0 d 30 0 0 55
Caledonian •••.• • • • • • - 50 0 0 5 0 0 7%
Cambridge and Lincohi • - 25 0 0 110 0 3%
Chatham & Prtsmouth - 20 0 0 1 0 0
Chester and Holyhead % - 50 0 0 50 0 7%
Chichester & Brighton - - 50 0 5
Churnet Valley .• ••• • • - 20 e 0 2 0 0 8
Cornwall •••••• • • • • - - - 3 0 0 5%
Direct Northern.. •• • • - 50 0 0 210 0 2%
Direct Norwich ... •• • - 20 0 0 1 0 0 1%
Dias, Beccles, & Yrmth - 25 0 0 110 0 134
Dublin & Belfast June. - 50 0 0 210 0 5%
Ditto and Galway • • - - 2 10 0 2%
Eastern Counties ... • • 6s. per sh. 25 0 0 25 0 0 Si%
Do., Perpetual, No.l 51. per ct. 613 4 313 4 1 pm.
Ditto, ditto, No. 2. • • - - 0134 %l pm.
Eastern Union - 50 0 0 10 0 0
Edinburgh & Glasgow 21. Is. p. sh. 50 0 0 50 0 0 643%
Ditto, Quarter Shares I Is. 3d. p. sh. 12 10 0 12 10 0 16%
Ely and Bedford .•• • • - 25 0 0 10 0 234
Grand Connection •• • • - 50 0 0 210 0
Grand Junction -•• • • 10/. per ct. 100 0 0 100 0 0 2243(
Ditto, Half Shares lOl. per ct. 50 0 0 50 0 0 112%
Ditto, Quarter Shares 101. per ct. 25 0 0 25 0 0
Gt. Southern &Western - 50 0 0 5 0 0 11%
Great North of England 31.55. 100 0 0 100 0 0 168
Ditto, New.• •••• • • • - 40 0 0 5 0 0 33
Great Western
Ditto, Half Shares • • 71. per cent. 50 0 0 50 0 0 10030
Ditto, Fifths.. -•• • • 71. percent. 20 0 0 20 0 0 4034
Guilford Junction. •• • • - 50 0 0 35 0 0
Harwich .. • • ..... .• • • - 20 0 0 1 0 0 2
Hull and Selby .••• • • • 5/. ss. pr ct. 50 0 0 50 0 0 74
Ditto, Quarter Shares - 12 10 0 12 10 0 17%
Kendal & Windermere - - 25 0 0 1 10 0
:.ancaster and Carlisle - 50 0 0 15 0 0 29
Leeds and Bradford. - 50 0 0 5 0 0 18%
Liverpool & Manchestr 10/. per et. 100 0 0 100 0 0
Ditto, Half Shares • . 10/. per ct. 50 0 0 50 0 0
Ditto, Quarter Shares 101. per ct. 25 0 0 25 0 0
London & Birmingham 101. per ct. - Stock. 239
Ditto, New Thirds lOl. per ct. 32 0 0 2 0 0 44%
Ditto, New % Shares 101. per cc. lf, 0 0 2 0 0 30
_ondon and Blackwall - 16 13 4 - 8
London and Brighton.. 1/. ss. per sh. 50 0 0 50 0 0 55%
DI:to, Loan Notes .• 5/. per cent. 10 0 0 10 0 0 13%
Londm. nnd Greenwich - 12 15 4 - 11%
Ditto, Pref. or Priv . • 5/. percent. is 7 2 - 243
London a. dS. Western .1.55. per sit. 41 610 - 883'4
Do., New Cons. sths - 40 0 0 6 0 0 2634
Ditto, New . . - 50 0 0 2 10 0 12%
:ondon and Croydon 10s. per sh. 13 15 9 - 1836
Ditto, Guarntd. sp. c. - 9 0 0 4 0 0 4%
London and Y0rk..... - 50 0 0 2 10 0 6%
Lynn and Ely - 25 0 0 1 5 0 4%
Manchester and Leeds 41.75, (4. p. s. 100 0 0 70 0 0 140
Ditto, Half Shares
Dit o, Quarter Shares 4s. 25 0 0 2 0 0 14%
Ditto, Sixteenths .• . - 6 5 0 1 5 0 5%
Manchestr & Birming. 2/. per share 40 0 0 40 0 64
Ditto, Quarter Shares - 10 0 0 2 0 0 11
Midland ....... ••• • • • 4/. 4s. per sh, - ' Stock. 139
Ditto, Fifths .•• • • - - - 2 0 0 33%
Ditto, Bi-rn. & Derby 2/.135. per sh, - Stock. 943{2
Newcastle & Berwick - 25 0 0 1 10 0 16
New cstic & Dar!. J unc. Cs. 25 0 0 24 0 0 74
North British .••• • • • • - - 7 10 0 13%
NNE,
:Do,
rrrtit:sht.
:floe:,
hiQii
iat,aniht,
Quarter
rdDißeEi
rrraeasesnhtt
de:
or.rnne.
5... 21. 5s . “) 0 0 45 0 0 62
Ditto, Scrip, iss. 5/. d. 15s. 50 0 0 25 0 0 46
- 12 10 0 12 10 0 17
North Kent ... • - - 2 15 0 3%
- 20 0 0 8 0 0 15%
Ditto, New - 10 0 0 1 0 0 4
- 50 0 0 2 10 0 2
Preston and Wyre - - - 50 0 0 50 0 0
Itichnind &W. E June. - 20 0 0 1 0 0 3%
Rugby . - - 1 0 4!8
Ditto, 2d Pref., 1842 - 25 0 0 25 0 0
Sheffield and Lincoln . • - 25 0 0 1 5 0 1%
Sheffield & Manchestr 51. per cent. 100 0 0 82 10 0
Ditto, Quarter Shares - 25 0 0 8 0 0 13
Shrws.,Wolv.,Dud.,Bir - 50 0 0 210 0 53i
'outh Devon ... ••• • • • - 20 0 0 10 0 0 16!4
South-Eastern & 1)ovr 11. Is. 33 2 4 - 48%
Ditto, New iss.lB/.dis - 50 0 0 4 0 0 22
South Wales .... . - - 2 10 0 8%
Stevenson's Prtsmouth - - 2 10 0 2%
Thames and Medway.. - 19 5 8 -9%
Trent Valley ••••• • • • . - 20 0 0 2 0 0 13%
Yarmouth & Norwich - 20 0 0 20 0 0 29
Ditto, New - 20 0 0 8 0 0 16%
York & North Midland 101. per ct. 50 0 0 50 0 0 106
Ditto, Half Shares • • 101. per ct. 25 0 0 25 0 0 54
Do., Scarbro' Branch - - 20 0 0 44%
Ditto, Selby Scrip - - - 20 0 0 70%
Ditto, Extension .... - 125 0 0 15 0 13
Boulogne and Amiens. - (20 0 0 2 0 0,5%
Gt. Northern of France - 120 0 0 40 0 5F,,,
Orleans and Vierzon ..
0
0
0
Orleans & Bourdeaux ____
Paris and Lyons...-. Ly0n5...... - 1
222000
000
000 2
022 00
000 11%
Orleans
Paris and Strasbourg.. - i2O 0 0 20 0 3
Paris and Orleans..... - 20 0 0 20 0 0 44%
Paris and Rouen ...... 2/. 20 0 0 20 0 0 43
It nen and Havre .... - 20 0 01 12 0 0 303

JOINT—STOCK BANKS.
Dividend Amount
Name of Company. per of Paid. Price
Annum. Share.
£ s. d. X s. d.
Australasia .....• Si. per cent. 40 0 0 40 0 0 453(
Britsh North American 61. per cent. 50 0 0 50 0 0 45
Commercial of London Si. per cent. 100 0 0 20 0 0
Colonial .• • • ..... 5/. per cent. 100 0 0 25 0 0
Londn and Westminstr 61. per cent. 100 0 0 20 0 0 27X
London Joint-Stock ... 61. per cent. 50 0 0 10 0 0 141,!
Metropolitan
Provincial of Ireland.. Si. per cent. 100 0 0 25 0 0 44%
Ditto, New.. Si. per cent. 10 0 0 10 0 0
National of Ireland .. 1 Si. per cent. 50 0 0 17 10 0 16
Nat. Provncial of Eng. 5/. per cent. 100 0 0 35 0 0 37
Ditto, New.-- 5/. per cent. 20 0 0 10 0 0
Union of Australia.... 25 0 0 25 0 0 27
Union of London.. 5/. per cent. 50 0 0 10 0 0 12%

INSURANCE COMPANIES.
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
£ s. d. £ s. d.
Albion • ..... 31. 10s. 500 0 0 50 0 0 74
Alliance Brit. and For. 6 per cent. 100 0 0 11 0 0 19%
Ditto Marine. 6/. per cent, 100 0 0 5 0 0 63%
Atlas . 13s. 6d. pr sh. 50 0 0 5 0 0 10%
British Commercial .. 7s. per share 50 0 0 5 0 0 7
Clericl, Med. & G en. Life ,l. per cent. 100 0 0 210 1 6%
County ••• • • • 3/. 100 0 0 10 0 0
Crown ............ .. /6 9s. and
1. ss. bs. 40 0 0 5 0 0 10
Eagle ...... ...... •• • . Gs. 50 0 0 5 0 0 5%
Economic Life . ..... • • ElVors.ebts" 1000 0 0 250 0 0
Eng.& Scot. Law Lite- 5/. per cent. 50 0 0 2 0 0 2b
European Life ••••• • • • 5% per cent. 20 0 0 All paid. 21;
Freemasons' ..• •••• • •• hl. per cent. 20 0 0 3 0 0
Globe 6/. per cent. Stock. 142
Guardian
Imperial Fire ...... • • 12/. per cent. 500 0 0 50 0 0 195
Imperial Life ••• • • • 12s. 100 0 0 10 0 0 16
Indemnity Marine •• • • 1/. sh. & be. 100 0 0 513 1 30
Law Life • •
Legal and General Life 50 0 0 2 0 0 5%
London Fire .••.• • • • . 10s. 25 0 0 12 10 0 16
Loudon Ship • •••••• 10s. 25 0 0 12 10 0 16
Marine ••••••• • • • • • • • /.percent. 100 0 0 15 0 0
Med. Invlid & Gen. Life 50 0 0 2 0 0 3
National Loan Fund • 5/. per cent. 20 0 0 210 0 2%
National Life.
Palladium Life... •- . •
Phcenix 3/. p. ct. & be.
Protector Life.... -• • 5/. per cent. 20 0 0 1 0 0
Provident Life ... •.• • . 1/. ss. 100 0 0 10 0 0 24
Rock Life......
Royal %
Exchange 5/. per cent. Stock. 192
Sun Fire .
Ditto Life ..... ..... 1/. Os.
Universal Life ..... • . 10% /. pr cut. 100 0 0 6 5 0 16

DOCKS.
Dividend Amount
Name of Company. per of I Paid. Price.
Annum. Share.
X s. d. :X o. d.
Commercial ......... 3/. per cent. Stock.
East and West India —.15% /. pr cent. Stock. 142
East Country ....... 1/. per sh. 100 0 0 21
London ...... ..... .. .4 ytl. pr cent. Stock. 117%
St. Katharine ........ i 5 per cent. Stock. 118
Southampton •••• • • • • 4/. per cent. 50 0 0 50 0 0

WATER-WORKS.
Dividend Amount
Name of Company. per of I Paid. Price.
Annum. Share.
s, d.
East L0nd0n.......... SI. 100 0 0 230
Grand Junction ...... 3/. 46 13 4 I 90
Kent .. ...... 2/. 10s. 100 0 0 65
Vauxhall ............5i. per cent. 100 0 0 60
West Middlesex ...... 4/. 16s. pr ct. 63 12 9 126

LIST OF SCOTTISH COMPANIES' PRICES •
Dividend Amount
Name of Company. per of Paid. Price.
Annum. Share.
X s. d. £ s. d.
Bank of Scotland ..... 61. per cent. 100 0 0 172%
Royal Bank of Scotland 61. per cent. 100 0 0 168%
British Linen Company 8/* per cent. 100 0 0 226
Commercial Bank .. • • 61. per cent. 100 0 0 1673
National 8ank...... 6/. per cent. 10 0 0 15%
Union Bank of Scotland 7%1. pr cent. 50 0 0 97
Western Bank • ... 61. per cent. 50 0 0 76
North of Scotland Bank 61. per cent. 5 0 0 7
Clydesdale Bank. ..... 6/. per cent. 10 0 0 14%
Eastern Bank •••• • • • • 3/. per cent. 15 0 0 11%
Caledonian Bank ••. • • 61. per cent. 210 0 3Y
Edinb.& Glasgow Bank 51. per cent. 50 0 7%29
City of Glasgow Bank . 5/. per cent. 815 0 13%
Scottish Union Ins. Co. 51. per cent. 20 0 0 1 0 0 1
Hercules Insurance Co. 71. per cent. 100 0 0 10 0 0 14%
Insur. Co. of Scotlnd.. 5/. per cent 10 0 0 All paid. 10
North British Insur. • • 9/. per cent. 200 0 0 10 0 0 24%
Caledonian Fire Insur. 10/. per cent. 100 0 0 10 0 0 25
Edinburgh Life Insur. 6/. per cent. 100 0 0 10 0 0 18%
Edin. & Glasg. Railway 41/9/. percent. 50 0 0 50 0 0 65%
Ditto, 14 Shares .• • • 41./2/. percent. 12 10 0 All paid. 16v
A
Edin., Leith, & Grantn 20 0 0 20 0 0 15
Glasgw & AyTshir Rail. 4%1. per cent. 50 0 0 All paid. 66
Glasgw & Greenck Rail. 2/. per cent. 25 0 0 All paid. 121,i
Glsgw & Garnkirk Rail. 5/. per cent. if, 0 0 All paid. 28
Dundee & Arbroth Rail. 5/. per cent. 25 0 0 All paid. I 32

CANALS.
1 ,;
.i Dividend!
Names of 1 ce, Dividend p . , Names of ~..
.. per I Price.
Companies. 5 per Price. Companies. 5 . ,
7. ' Annum. 7 <I . imurn. '
X • X
Aslitn & 014111 97 5/.55. p c 72 Monmoutlishilo . 81. 160
Ashby-d-la-Z 113 4/. 70 Mingoinrysh 1100 `l. ',B
Darnsle,y •• .. 160 121. ; 180 Macclesfield. 100 - 15
liasingstoke..!loo - h Neath .. .• • • 100 211. 26
13fs.nk&Abrg,130 M. $. Nottingham . 150 12/. 260
Cronnbrd .... !1013 P./. 164 Peak Forest. 78 31. 40
Dudley .•• . • • 1100 4/. 80 Regent's .. . • 33 1/. 25
Derby ...... 1,100 8/. 103 Rochdale ... •8, 4/. 5
F:llsinre&Chs 133, 4/. 02 Shropshire • • 125 8/. 120
Erewash ... 1100, 321. 410 Somrset Coal' 150 71.105. 123
Forth & Clytt 100, 4/. los Do. Lk Fd St 12 6/. p. c. 11
GrandJunctu 100 'U. 157 Stffrd &Wore 140 28/. 480
Grand Unioro.oo. 11.:0s. 24 Shrewsbury.. 12. 15/. 230
Glamorgnsli .:172 1 t%l. 210 Stourbridge .. 145 201. 360
Glstr&l3rkly 00, - 8 Strtird on Av 19 1/. 10s. 30
Grantham . • 150; 121. 185 'Severn and
Huddersfield. 57' - 20 Wye Rail. 26 11. Bs. 30
Kennt & Arai 39' 7s. Gd. 10. Trnt & 311
50 30/. 465
Lancaster...
{ 47; 1/. 10. 40 sey, y, sh. Leeds& Livrp, . PO; 34/. G 23 Thams &Med 19 - 10
Leicester .... 140; 10/. 139 Worcstr &}
78 41. 50
Leicstr & 'Still 8:3 4/. 70 Binning.
Loughborogh 142, 70/. 1050 Wilts & larks 67 11. 4s.