The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-03-29 00:00:00

NEW SOUTH WALES

By way of New Zealand we have received Sydney papers
of the 23d of October. The commercial affairs of Sydney
continued in a most deranged state. Several commercial
houses had failed, and among theta the firm of Gore and
Co., for £165,000. An impression prevailed that the worst
was still to come. Goods had been sold by auction at the
ruinous loss of 50 per cent. upon the cost price ; and yet
then the demand was inconsiderable, as purchasers were
waiting for still greater sacrifices. To add to the melancholy
prospects of the colony, the crops were burnt up for want of
rain, and there was no grass for the sheep. A New Zealand
journal says, that some years of prosperity must pass over
before New South Wales can fully recover from the distressed
condition into which a variety of causes have 'forced her.
We quote the following from one of these papers :—" We
have seen letters from Sydney, by the Matilda, stating, that
labouring men were being engaged at 10d. a-day, and rations.
This is £l2 per annum, and the cost of the rations is about
£26; together £3B per annum. Another letter stated, that
one employer had engaged ten men for £l7O per annum, or
£l7 a-year, and rations at £26, making £l3 per annum.
Wages are stated to be nearly as low in Port Philip, Van
Dieman's Land, and South Australia. And even at this
wretched reward for industry, it is stated to be difficult to get
employment in those colonies at the present moment. We
believe these rates are the lowest ever known in that part of
the world, and is the strongest proof of the unhinged state
of affairs in those colonies. It cannot be ex!)ected that this
depression will long endure, and we hope 'future accounts
will dezeribe the labourer's lot to be rapidly advancing to
that state which the industrious, when they are leavin

borne,

'easouably expect to find on their arrival,

The Gazelle of Upper Germany states from Frankfort
that a rumour is current in the diplomatic circles of that
place of the intention of the King of Hanover to abdicate in

avour of his son

THE LATE EARL OF MUNSTER.—This late lamented
nobleman, who was for eighteen years vice-president of the
Royal Asiatic Society, and in the last year was elected its
president, in the room of the Right Hon. C. W. Wynn, took
a great interest in its proceedings and frequently presided at
its public meetings. On the 21st of February, 1835, in this
capacity, it devolved upon him to present the honorary dip-
loma to the late lamented Sir Alexander (then Lieutenant)
Burnes, which he did in a very effective manner, whilst to
the last he was on terms of affectionate intercourse with this
distinguished and enterprising officer, whose melancholy fate
seemed latterly to operate strongly on his mind. During his
residence in India, which was only three years, he attained a
very considerable knowledge of the Arabic, Sanscrit, and
Hiudostanee languages and literature, and he has, for some
years past, been engaged in a very extensive work, illustrative
of the military history of the Alahoinetlan nations, from the
rise of their founder to the present time, and the prosecution
of which continued to occupy his attention until the last
moment of his melancholy end. For this purpose he had
collected a very large and valuable library Of Asiatic and
Egyptian works, and his last publication was. a list, in Arabic,
of military and historical
letters, lithographed iEnwbolirskhs'anwd"L'ha,tin.l,t.hhea.cdi.sos'enmplytincti
amongst the various learned societies and individuals, not
only in Europe, but throughout the East. His overland
journey from India to Europe, across the isthmus of Suez, in
1818. when he brought home the despatches of the Mahratta
and Sindh wtar, was Tie of the first in that direction, and
undertal

.aen at a time when the route ZisTery perilous and
chealzeabrrdaotuds.pylrnamliidiss
oreftwnahhceo.otroatvreyllheed:ilsiirtoet:ig,lai
lEidgoyfpt,t„htiohhe
he gave an intieiriessettg account in the description of his over-
landt. literary production. In every object
and
interest, entbt.Pisnr
journey,
lordshipcotnee te dt
took
ok with
considerablediscoverydis6wiirtihthoatitiecroumnetzbeliss
11
enids Oriental eri tal
prosecutingCl formed an association
oo
ff tEhgeyTravellers'otiao tral e
(iliscovery through the
the NVPhiteltil°c:ilwe.as Tulhideelrattaekelan:
tpOr themlaosotthtiTien, at a meeting of
means of natives, and by whom an ex
progress,
presided,
the Royal Asiatic Society about a
i whicheilt di spnr presider clienn
since, on his return
from the continent, when he congratulated
knowledge
on
die great advances made by it in promoting our
the moral, political, and intellectual condition of tiowledge of
was also an active member of the Royal GeographicnalliaSociety,
He
and with the members of both he was associated •
in terms of
friendly intercourse, his house and valuable library mown,; s
l
being open to them. Although he had penetrated far •n--
Delhi and other parts of the north of India, he did not con_
.
,i-
-tribute anything relative to the geography of those interesting
countries.—Globe. .
•