HAszAim's G.-\'l.E'I"l‘I:.‘, JANUARY 19.

,ure compatible in the character of a civilized people

THB THEEATENED ltESlG.‘lA'l'1ON or Loan PALMERSTON What passes at Cabinet Councils is presumed to be

kept a profound secret; and yet, somehow or other, things do ceze otit, and become the subject of conversation in favoured circles. Persons, who have friends in the cabi- tiet, speak plainly as to what they allege to have taken place at the Cabinet Council on Tuesday. It is stated thata majority of the members of Lord Palinerstons Administration were in favour of actually iutimatiug_ to Russia that the Western Powers were ready to receive proposals for putting an end to the war, and at the same time letting her understand that they were disposed to accept of such proposals as she need have no hesitation in oﬂbriiiq. It is added. that Lord Paliiierston decidedly refused iii accede to either of these propositions, and took care to leave no room for any one present to doubt that. rather than become a party to the suggested course of pl‘0i'.i.'dll1‘€. he would prefer resigning at once. We are further assured ——:ind have no reason’ to doubt the accu- racy of our ll1lDl‘ll1t1llt)l1——llltll. the Noble Lord is even prepared that l‘Illglill1(I should proceed alone with the war, assuiiiing what is so genrally said to he trueftlizit Louis Nzipolcoii is prepared to accept insecure and disho- rtourable proposals of peace. From the rcsistaiice offered. to his |.=irdship’s intended procedure by a 1l1a_]Ol'lly ol his (Jabinet, it is the opiuioii of his personal l‘t'l(‘.l1dS‘ that he might at once to resitgii. Before the (..‘liristmas holidays were over, he would be borne hack to the Preiiiiersliip on the shoulders of the people, and become the most pow- erful and popular Minister of modern times.

[From the Daily .N'eiiis.]

It is of importance that Russian statesmen should tlio- roughly know the real state of English feeling. There are enough ol those who would seek to persuade them, that England and France are tired of the war. It is well that they should be disabused of this delusion, and to understand that a sincere desire of peace, and a resolute determination to prosecute the war if compelled to do so,

There are not the same means of ascertaining the senti- merits of the French ; but the Emperor Napoleon has given sufficient guarantees to justify a beliel that his po- Iicy is no way changed. It is, however, quitr natural on his part to desire that the world should see his readiness to make peace. It has been a part of the policy of the reigning families of Europe to keep up the hatred of their subjects towards Nupoleonism, and to foster a belief that it was synonymous with design of conquest. The pre- sent Buonuparte naturally wishes to remove so injurious o stigms.

The public are naturally growing anxious to know when a result to all the rumors of no otiutions may be expected. They must be cautious not to indulge in premature hopes. They will be deceived by many false rumors, favorable and uufnvorublc, spread by those who live by trading on the {cars of the stock-holding rtion of man ind. A question ofths gravity that is now tin ergoing discussion cannot be dis-

of, even in the negative, without considerable delay- rnorc especially when the negotiations spread over so large n surface, and embrace so many ints.—Thc rapidity to which the telegraph has sccustomc us incupacitutcs us from understanding the slower movements of diplomacy. Persons who desire speedy results should begin by taking a map and calculating time and distunco. They will soc the amount of space to bc trnvcllod by envoys or state iucsscngers slonc poses su enormous obstacle, to say nothing of tho dflicul- tics and delays of discussion itself. If an answer of any kind, oﬁicially communicated, wcro rsccivcdbcrc much be- fore the meeting of parliament, it would be as much as we sousonsbly have any right to expect.

Meanwhile, neither in France nor England do the repa- atious for renewed and cncndod warfare rclsx, In t is re-

ct we set us if titers were no negotiations at all, and as if if: army and bolligcrcnts were only suspending their opera- tioix, at the rigorous command of winter. It is however, a ms or for congratulation that these rumors of peace nego- tiations should huvo taken such consistency at the present time, because it puts a stop to tho more during machinations. of faction in this country, and destroys tho hopes of the aisl- contcnts in France. All well-wishors to the cause of pro- gross will naturally desire that those negotiations may end in safe and honorable peace, and that we may enjoy the sa- Iisfsction of seeing the enemy acknowledging his error, while odcririg stoncmcnt. But should those friendly efforts fail to produce a settlement, they will have enabled us to vanquish a formidable enemy here at home; because, hcrcultcr, it will not be possible for the chiefs of certain factions to hold the . oxisting government up to odium as thirsting for war at any price, or by Parliamentary cubsls to induce national paraly- X.

Tits Swsnisii Ai.i.nitcs.—Thc Borreuliollc stats that the trusty just rstiliod at Stockholm concedcs to France and En- gland tho privilege of establishing depots and hospitals on Swedish territory. In return the Western Powers under- take to maintain the integrety of Sweden s ainst Russia,‘ should the latter trsst tho conduct of tho Sws so as a lirssch

‘ Companies have rsspsd a good

Charlottetown Mutual Fire Insurance Company,

Iondsy, January 14, 1850.

The Seventh Annual General Meeting of the Company. took place at the Toiuperrineo Hall, in Cliarlottetowii. on the above day, at 7 o'eliicIt, pursuant to notice, published in the [slander and llas:ard's Gazelle, newspapers.

The President, Williuin Hoard, Esq., liaving taken the chair. called on the Set-rotiiry to read the notice given con- vcuingy, the Meeting. as required by the Act of Incorpora- tion; and luiving usccrtiiiiied that the required number of iucuibcrs of the Couipainy were prescut.stiited to the nicot- ing that it was the Annual (it3.IIOI'l|I hleeting of the D0111-. puny, called lor the purpose of tnlorniiiig the Uotiiptiny 0l the state of its Funds, &e., at the close ut the present your. and also for the purpose of choosing it Board of Directors for the present your, ’c. _

The seventh Annual Report of the proceedings of the Company was then re-. :-—

ltl-2l’()R'I‘:

Youn Directors I|tt\le again the pleasure of welcoming the re- tiiru ofthi-‘ day, in coiinectioii with the cliooriiig iiitelligeiicc, that till our liisks lli|VI.' IIL‘t‘.I| pri.-served froin I"iro during the pair! yeti.’- For this we ilesiri-. to uekiioxili.-dgo, with gratitude, the kindness of ' Illlll ivliii ruli-tli tI\t.'I' till.‘ _

'l'hi.< coiiipleti-ii the sew-iitli yr,-zir of our existeiice. and iiﬂurds it fsiir criterion ofthv etliciciicy and ziilaptiitioii ul'ii Native I"irc Iti- surtiiieo Siicicly. on this .\Iutu:il ziysteiii. It has been ilh'I\EtI,‘II' those who itilrotluci-d tlii.-i svstt-iii to our noliin-, were Il0tI(!§l Iii reciiniiiieiidiiig it .'1< it safe IIli.'lIl0tI ofprotection.’ \\"cre their cal- i-ulations fouiided on eorri-i-t diitii \\Ill!ll they Iililltfd, that the Jlluliiul was it iiioiii-_v-saxiiig illltl coiisequciitly it prolitiible sys- tem ? 'l'lie.~*e questions, lmm-vi-r s.iti.~faictorily iitiitwi,-red at the time, by ilio.-'e viliu UlltIt‘l'.~It)I|tI its woiltiiig in other places, could not satisfy the pri-juiliizi-ii of itiniiy, who \t.‘tllUI‘I:lI to assert that ll required it l.irgi- stiiiidiiig eaipitail for .i eoiniiieiiceiiieiit, to insure pulilic coiilidi-ncu or success; iind who refused to join our rziiiks until our theory had ht-conic visible f.ict. \Vo believe that the time has now arrived for the inoiit sensitive, on the score of Ciipt- Iitl or security, to obtain stitisfnctory evidence of our success.

The business ofths past year has been conducted \\’_ith till the anxiety and care which your Directors could bestow on it. While they have earnestly endeavoured to extend ‘the business of the Company, they have also guarded against taking toolienvy a l‘I'lI( in one block; or. accepting an extreme hazardous risk, until the business ofths company obtains a wider cstont.

During the past your thirty-eight new Policies have been issued, thus increasing the Risks £8175 beyond that of a previous

ear. The Amount of Premiums received is £187 18 10d. In- terest on paid up capital £80 12 6d. Working expenses, com- prising Sccrctary’s sslarv, £9 7 11d. Olﬁcc Rout, £5. .I’I'Il|I- ing.&c., £1 10 6d—£2I 18 6d.. making the balance in the hands of the Treasurer on the 31st December last, £707 1 6d. The steady progress of our business may be seen from the follow- ing return:

Amount Insured in 1851 £10,720 do I852 19.495 do 1853 21.255 do 1854 31,080 do I855 39.375 The nature of our Risks for the past year is as follows:

0 Wooden Buildings £28,480 Stock in Trade 9.230 Household Furniture 1,435

Brick Buildings 100—£39o375

Since the close of last year's Accounts, our Risks have extended to iibove £42,000. The Premiums received for c present your added to the balance in hand on the 81st December last, will reach nearly £1000, making our present available Capital as fol- lows:

Amount in 'l‘rcusursr‘s hands, say £1000 of 5 per cent. Socuriiios 2100 'l‘otsl capital £8100

We would bog most earnestly to call your attention to the im- portance of iiiiikin more special and individual clforts. to gain the co-opsrstion o the whole community. Ihc duty cfdisssmi- nnting correct information res scting our system, should be rc- gairdod as the special work 0 every member of the Compiiny,snd not as tho exclusive privilege of your Dirslftors. It itetgc, we h oded be nd i t' ; at it must run in iiiiiid 'tll:i.our s-icons. ax: :Il':.Iia.s.b::n on it small scale. 'I‘lic sains miichino which unswcrs our purposes now, would be equally sﬁcicnt in tho sxtonsion of our work tort or twenty fold.

A glance at thcrvslue of Igppcrty in this qllwllgle pvery hour to the ravages of in, is so item to rovc.cit t at urge sums of money must be exported from this sluiid overy your for Ins_ur- iincc, or else that u grout number _of persons are daily exposing their property to be dcstro sd, without roparation, while our Iri- stiiution exists in their mi st, ready and willing to accept their rirslihfor s mhsi|'_c lI0lIllllI'lh:l:m; uni: uht the sap: timo stay the ﬂight o ‘t cir on root car as, w c occur r

The Roots! of tho Dwelling Housos in this City, according to tho Returns of the Pump and Well Assessment. is about £20,000. Suppose the Rsninl to represent 10 percent. of the value of house- hold propcrt . thou two have for this itcin £200 .000 '!ho vsluo of Houschol Furniture is at least one-tliird,smouiitin to £06,000. For the Stock in Trade take one yosr’s importation or Charlotte- town—-so far as Dst is psid thoroon_—vis: £880,000. making a total of £602,000. wo-thirds of this amount Insurcd at our present reduced premiums, would realize £2000 yearly; and if we on providsntlully protected. as we hiivc boon. it would rc- qiiirs only four years to ncciimuliits a cash capital of £10,000.

Your Directors are aware that in all Cities built wliii|ly_. or in grant part. of wood. as this Is, tho risk of iestcnsivo hres is very considerable; yet at the some time thoy believe. that from the

out width ofcur strools. the am In dimensions of our usro

locks. which prevents the clustering of hssv_y piles of buildings, sud ntfords can access to both sides of the building iri cuss cfllrs; ospcciiilly liorn the well know roudinoss with which sll hands turn out when the alarm is given. and chssrfull lsbour until the dsvourin element is subdusd—our risk cannot compared with that ofot or Cities which are built of o ssmo material. We can slso deduce a fair criterion from tho piist. During thslsst ton years our whole losses in Chsrlottctown from Firs cannot have on 250 s ysiir; u sulIic'i|s.nt proof that Foreign Insurance

rvost.

From these Ind other considerations, your Directors are assur- cd ofour ultimate success,nlthough the period may be dolsycd by it th on the part of members, or by oppollllon l'f0|‘|| W|ll|°|ll- vii: t srstors press this point upon the consideration of the Corn- nny, and trust that no clI'ort will be spared on the part of every individual member, to extend at all times. and on over Iisnd. tho corroct knowledge of, and participation in, tho bsno is resulting

9' I so

of neutrality, and declare war.

from this Institution.

During the past our your Directors thought it advisable to ex- tend the lienclits cl: the Company to the whole Island; to carry out this object it was found necessary. in order to guard against iiiiposturc and loss. to appoint Agents in all sections of the Island, in whose judgment and conﬁdence we could rely. The following gentlemen have kindly consented to act for the following places:

James C. Pope. Esq., Sunimerside; Stephen Wright, Hsq.,

Upper Bedequa; Richard Iludson, I'Irq., 'l‘ryon River; John llaiszard, Esq, St. Elciiiiiir’s; l\lr. George Wiggin- ton, (Irapiiud; Jereiiiiaili Simpson. I:lsq., Cavendish; Jiirneu Pidgeoii. Esq., New London; James lleuristo, I“.sq.. Pr. 'I‘ovrn Royalty; John Sutlicrlaiid, Esq.. St. Peter's; W.S. Milttgowull. I‘Isq., S.--x-i-; Jiiines Dingwel|,Eiiq., Bay Fortune; W.B. Aiii.-en. I‘}sq., Georgoiown; Edwin Parker, I‘Isq., Lot I9. Although there luis not been much linsitiess transacted in this depiirtineiit since the above appoiiitiiientii were made, we feel its- sured that with care and close attention on the part of your Olli- cers. it very large and profitable business reinains to be done in the country p.irts oftlie Isliind. Your Directors hayo also seen the iiecessity ofdatiiig in future, lllc Yo-:irl_v expiriilinii of every Risk, from the Iinie when the risk is tiilu-ii, thus in all cases securing it full Year's l'roiiiiuiii,iiistetid of it fruetioii of ll year.

Your Dii'ei:tors, iii ri-sigiiii.-g ilieirtru.-it, cannot but look back with pli-iisnre on the li.iriiioiiv itIllI |IllilIll.IIIly \\l1lcII hit.-i climac- ti-rizeil all the iuectiiig.-i oftliv lloard, in their efforts to carry out the objects oftliis Society.

lly Order oftlic Board.

The (‘oinpitny seeincil much pleased and satisfied with the report. and ivitli the steady prtigrtrss of the Institution; incchiinies and others now see that they can keep their ll-)tl:li‘slll.~'il1l‘L‘i.I at am. Imf/' tho preiiiiuui they had been in tlie llitlllli of paying. and several \\‘liu have lately joined the L‘ouip:in_v. regretted very iiiueli they had not done so years HllIt‘t', and those who had joined the eoiiipaiiy for upwards ol' four years past, now plniiily perceive, that even ifa loss to the amount of Fiflem /imidrul pounds, or more. should uul'oi-tuntitely occur, the small per ccutago necessary to make up that amount, would not amount to the premium they would have piiid, had they been insure-l in it Foreign Oﬂice. during that len th of time. .\Ir. Peter McGowan stated that liiinselfitn Mr. lugs had been appointed Audi- tors of the llooks and Accounts of the Company, for the past year, and that they had carefully examined all the policies issued, with the Books of Accounts iind Premiums received. itnd lind much pleasure in stating they found all perfectly correct, and that the larger portion of the Com- pany's Funds are invested in Real Estate, and the remain- der loaned on good personal security. available at short notice. That the Interest now received. overpaid the whole expense of the working of the Company. and should no unforseen accident occur, the Funds now being at com- pound Interest, would rapidly increase.

_ Moved by W. K. Watson, Esq.. Seconded by John Mor-

ris. .—

That the Report be adopted.

Benjamin Davies. I-}sq.. moved that before the question was put, he would like to hear how the Company a proved of Risks being taken in the countr : that so for as c was concerned, he did not approve of risks being taken out of the own.

Ilou. Mr. Colos at first fclt inclined to agree with what had been stated by Mr. Davies. and suggested whether it would not be as well to confine our Risks to the Town. as he considered the Risks in Georgetown, for instance. much greater than the Risks in Charlottetown, until the latter place was rovided with Fire Engines, Jae.

After it ong discussion on the subject, in which John Lcngworth. Geo. r, and Nicholas Brown. Esqrs., and some others took part, it was agreed to continue the mods already adopted. strongly recommending the new Board of Directors to be appointed to use the greatest caution with respect to the Risks accepted in the bountr . The report was then adopted. and ordered to be printed.

The President stated the next thing to be done, was to ﬁ|";)‘ceed to the election of Five Directors out of the present

rd. and then to the election of ci ht more from tho Compan . On the first bullot—W. card. (Ioorgo Beer, Henry ssusrd and Peter McGowan, Esquirss. and Mr. John Rider. were elsctod front the present Board, and on the second ballot-—John Lougworth, John Ings, James Duncan. and John Trsnamnu. Esqrs., and Messrs. Mark Butcher. Bcrtriim Moore, W. C. Trowsn and William Mc- Kay. were duly elected. The President having been requested to vacate tho choir, sinss 1). Hassnrd, Ii}sq., was called thereto. when the thanks of the company were given to the President, Di- rectors. and Secretary, and other oﬁcers for their exertions and services for the past ysiir.the chairman rcuiarkiu that he considered much praise was duo the Secretary, w 0 he considered had much the greater part of tho labour to r- form. in the working ol the Corn y. for s more ncin nsl recompense. The President and tsry returned thanks for the honour. The company then adjourned, leaving tho Board of Directors to transact soms business. - ———-no-1-—

Pitssinsm-'s MIlSAGI.—Up to tho hour when last sdviccl loft Washington. the House of Representatives had made no choice of Speaker. The President got tired of w iiting, and caused his mess to be laid before the Senate. The House by a large majority decided not to discuss the Mos- ssgs until they had chosen their Sposkcr. We have as yet seen only an abstract of the message. It is ticulsrly bitter sgslnst Grout Britain for sending what t cslls) ro- cruiting nts to the United States, for declaring the Mosquito ndisns under her protection, which the Presi- dent considers n breach of the Clayton Bulwcr Treaty. We shall parobubly give a synopsis of the message in our next. —N. . Paper, Jan. 9.

I-‘lltl.—-On the morning of Sunday last, the 18th iiist., at about 4 o'ciocli, the house of Iticliard Dawson. E-ii-. Tryon River. wu dil- eovcrcil to be on fire, and in less tliaii half an hour was coiisu to its ,—thc inmates barely having time to escape with their lives, and before they reaclicil the nearest dwelling. which is no mor- than 200 yards distant. Mrs. Dawson, Miss Dsivson and another fcc mule hail Il1l'II' feet badly frosen. In addition to the total loss of House, I-‘iirnitiire, and all usua contrnts, were Merchandise to tho amount of £1

We have not

yot lsurusd liow tho ﬁr! orlginstod.—Ads.