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 them 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. Anothes 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
Dieraian'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 expected that this
depression will long endure, and we hope future accounts
will describe the labourer's lot to be rapidly advancing to
that state which the industrious, when they are leaving home,
reasonably expect to find on their arrival."

The .Gazette 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
favour of his son.

THE LATE EARL OF MUNSTER.—Tbis 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
Hindostanee languages and literature, and he has, for some
years past, been engaged in a very extensive work, illustrative
of the military history of the IVlaliornedan 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
mit.y
Eofgyitan works, and his last publication was a list, in Arabic,
and historical works, which, with accompanying
letters, lithographed in English and Latin, he disseminated
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
and Sindh war, was home
the
des
return despatches of the Mahratta
one of the first in that direction, and
undertaken at a time when
he travelled through Egypt, the
celebrated Pyramids of
the route was very perilous and
hazardous. In his
interesting account
country he visited, and. of which
i le gave an
his in the description of his over-
land journey,chief literary production. In every object
connected with discovery and enterprise in that country his
lordship took considerable interest, r with other members '
traveleride t te anrds
for Oriental Clubsprosecuting
formed an association
d
oo
ff tEllyTp
triaavne 1
means of natives, and by whom
anexpedition
through the
which is now in progress, up, the White
=ilted presiders presided, far the last time, •t
the Royal Lsiatic Society about a month sines
imwe as undertaken,
The late la-
oanrnheting of
from the continent, when he congratulated the members on
the great advances made by it in pronaoting our knowledge oonf
the moral, political, and intellectual condition of India. geHe
was also an active member pf the goyal
,Geographical Society,
and with the members of both he was associated in terms of
friendly intercourse, his house and s,aluable library always
being open to them. Although he had penetrated far into
Delhi and other parts of the north of India, he did not con-
tribute anything relative to thegeography of those interesting
countries.—Globe.