., one, cutoutatmécsts.

- ——-—~———.—-‘—»—.——.‘ \\

§ N“ ’ ~ “a .., . Kr. ~ M , Lectures upon Literary or ‘ ' Mfliird y, Libraries. The Mechanics’ e9 ’ _ - ' lcostno one than £15,000, contains up- a ' ,i V’ ‘nanbers, 850 pupils in three day schools, 600 ily 'ld‘ev‘ening classes, has 50 teachers regularly nd f ' "salaries amount to £5000 a-year, a Library be ‘ and public lectures twice a week, at- as , "svaryingfrom600tol300.’ to, f ,, genomic to us, to bediligent and persever- bc . ' - r , . we cannot rival these English Institu- tu- . “imitate them,_and do all in our power to he ' ‘ _ which this Institute “'1” eventually c. ~' ' ’ ici‘nnmunity. . Irt ’gdohn—bthnt unfortunate city of flamingfires n. ‘ “it has done for its Mechanics’ Institute. a. \ bi febuilding which is an ornament to the City,

4?

, . , . in in the shape of an amphitheatre, . gt st 1000 persons, and having school rooms ' ' “he”, I am told, three or four masters are * ‘ ’ v . .. salaries. Let examples like these

’ drive to us to go on and prosper, and let us not m min the more to keep up and maintain . ‘_ which,«con‘lpnratively speaking, may be little . .. t-ayetto us it is as important as the Liver- : was, above described, is to its members and sup’ " II nota'sk of many of you, if not all of you, who the Loctures that have been delivered here‘duriug- as, whether you are not more intelligent than

r on do not all feel a self-evident im- Jroni'havmg attended the past courses? And m“ haindii‘strious? No! far from it; it stimulates and renders you more useful in performing life. Are not those who have steadily attended this Institute among the most useful, labori- ‘ .0. and punctual in the several classes and to which they belong? Are they not to be - i ' and as lateas their neighbours at their work— and stores ? Art? the families ofothers better r, or better behaved? The worst fee that the i r bad will not venture to reply in the aflirmative. ith truth cannot be said, may 1 not ask, if these - neglecting the stern and paramount obliga- they owe to their families and to society, have ir minds, cultivated their tastes, and mul- r. of rational pleasure and exhilarating, - ours ofleisure, which, thanks to Pro- ly and fertile isle—the granary of —-every occupation affords. If this ' . ‘ 'l assert, that while undeniably you .. 33¢ advantage, the town has, in the slightest‘ ' fifujnred by the operations of the Institute? Re- . truth and propriety of Bacon’s axiom, that

X" . « ‘is Power," and that this Institution is solely ‘WVV impart that Knowledge which gives to the Wit, the only Power that is stable and worth

I--.aura-iaeaiooat'ffloii‘aal.

v""'"-‘nf.?3:"<'

melaminyltrust that the Almighty Disposer of so all to meet regularly during the winter, " any ‘Juill enjoy in each‘ other’s presence the rich ’ no that your Committee have, during the ‘ and industriously prepared for you.” ; ‘1E.,JWII, Visiter of Schools, was then intro- ._ ”' idem, as lecturer for the evening, in . ‘ ', 7 public announcement, and that gentle- _ proceeded to deliver an extemporaneous - - .- ' upon the .ddvanlag‘es of .Mental Culture. ' inflected the highest honour upon the gentle- _‘ ' " d it, and afforded much pleasing,r gratifica- ,heard it. It contained occasional flightsof . of eloquence, which were : ’ 3 .the admiring audience—and . ill will always henceforth be m r before the Institute. Afier _ ‘7 ' ' tnrv observations upon its . - -His Excellency Sir H. V. Hunt - '-

"uni

V -‘ Governor Sir C. A. Fitz Roy, and an ' g a request to that effect, was submitted -' “gander-stand, isto be delivered to-dsy,

addell was announced as lecturer for th instant.)

\

In .lleld at lot Forty-pine, on Monday last, by 159 die property mortgaged by thnlate John

- he! ‘ Messrs. Iiaythorne and Writr L to meet ,‘i‘h , ‘ ‘their Counsel, the Honorable Charles '- Y understood would pass that way, on his Georgetown, Mr. Philip Lane was called to

Mr. Young then addressed the meeting at great v ., _' ,dated, that his late constituents would now he was sincere or not in his professions, difi'erent occasion he promised them to do

, 't‘to relieve the teiiaiitry from their oppressive

home, and deprived of their improvements, or ' it to the oppressive terms which the person its their landlord sought to impose. Mr. Young v , “into the facts, and explained the law of the ‘.“~ ' them to do nothing hastily, but wait with My he wnsof opinion, that Equity would afi'ord

-‘ bythe owner in fee, the laterJohn Cambridge, Esq, in ours. Haythorne and \Vriglit, have been settled by the said John Cambridge, who has been in quiet and . mmssion of the same from the date of the mortgage "In the last few months, and hold lenses flir 999 years, at , sterling per acre, per annuin: And whereas the said ' ive been living upon these leased lands, ome for we years, some for twenty years, and many for seven- ,and made great improvements thereon b their own I r : Resolved, that the said [country are all ready and _ [to camp! With the conditions oftheir said leases—pay arrearso rent that may be due—and pa regularly hereaf- sccrning rent, according to the terms of" their said leases sly: . Md whereastb‘e person claiming the said Estate seeks to winks void all the losses that have been granted by f the said John Cambridge since the date of the said ' set the tenantr' hplding under the said lenses, i It] comply with t e following conditions, namely— - for twenty-one years,“ the yearly rent of one aitpxpnce, per,uere,payable half- earl , with e cove- pa

and accept a Deed in fee ofthc said leased , ‘therofirr the sum of thirty shillings per acre—one

reor- sud the remaining half at the expiration .llutdos interest on the arrears of rent that may whereas the tenantry are wholly unable to comply « ,, 6W ofthe said agreement, even if the hind mmyi'which it is not, and which it would not tap.“ public auction and sold: Resolved, there- J‘q; ion in a Court of quity, and Will not

claiming the right and title to their lands. gtcnontry expect little indulgence from the halls, lodging as thjy do from his con-

,. tubscription list he opened to meet the ' D):~,, ‘ibil Chancery. ' . -. Resolutions lottetown, ‘ ' . had been unanimously adopted,

be published in

I v Mr. Young, for his kindness . duly acknowledged by him. , .v _ . , - - - calledtothe chair, the thanks - (My; ‘{ . 5 Wardedto Mr. Philip Lane for his ‘ ‘ A. _, ;the unfortunate tenantry, and for his ' .. chair.

some.“ run-Irma om

i We Patron of the Institute, in the room of

I constitutional manner—that the time had now a they required his humble services, and that ’=be exercised to the best of his ability in their _ i i » ut any fee, to have the question tried in a Court . whether the tenantry were to be turned out of

After some further observations, the following ,were submitted, and unanimously adopted :— tlie tenantry of that part of Lrit 49, which was

lined, that the Lessee slisl , at t is expiration of

. ’cqnnot consent to ive up their leases M

iuoul'snd oppressive agreement as that

Iced, there ore, that, in order

the meeting. The thanks of

To 1's: Emma or THE COLONIAL Hanan). Sin; After what lies been alread

_ I y advanced by me, in reference to the currency, it is scarcely necessary to notice,

in reply, 'I‘ai'i‘icstis’s last letter; but as this writer, after a profound slumber of some months, has again entered the field of controversy wttli dogged obstinacy, and'a repetition ofhis former flimsy arguments, and lest any one may be misled by him—Newspaper publications being soon for- gotten— have felt it my duty to remind your readers of what has been said on this interesting question. Super- ficial as. TRITICIUS may consider me, as a writer, I can assure him that I have been t'aught to reason a little beyond my nose; to examine theories well and carefully, s they bear upon facts, and draw my conclusions accordingl . The Currency question I have looked at in all its bearings, and am quite certain that a reduction in the nominal value of otir circulating medium, in the resent position of the Island, would be attended with isastrous consequences. The experiment has been repeatedly made, and the results, in every instance, have been equally injurious. I

' The case of Vickerson, which, it would appear, has sup- plied your financial correspondent with an exulting argu- ment, was certainly one ofgreut hardship; but, as such exactions are rare, and cannot possibly happen among men uninfluenced by the irritation ofexcited feelings, and who have a kindl disposition towards each other, nothing conclusive, in my opinion, can or ought to be deduced from such an occurrence. The abuse of any system ought never to be allowed to furnish arguments against its moderate and salutary use; for. iftlii's fififinittcd, no human or- rangeiiients would be found unexceptiouahle. Ifit is no- cessary to establish ateiitlcr by law, why not enact, that, at whatever rates moneys shall have been received and paid away by the Treasurer, at the time any pecuniary transac- tions may have taken place between parties afterwards be- coming litigant, all payments adjudged to be due by one to the other, shall be made iii moneys at the same precise rates—eunless it can be proved that coins atacertuin value were determined upon at the time the engagements were entered into. - r

lam aware that obgections. may be made to such a mea- sure; but it would be better to introduce a statute to this effect, than to ruin the country by a reduction of its present currency. Let us, however, Sir, examine the case OfVick- crson a little more minutely. '

TRITICEUS informs us—uiid, apparently, with rapturous delight—that the Court very properly'dccreed that the judg- ment should be paid in Halt/211:, and not in Prince Edward Island, currency-that is to say, in dollars at five Shillings, and not at six, although the latter mode ofpayment had mu- tually been agreed upon by the parties in litigation before the action was brought. Veil, Sir, according to this de- cree, the defendant, Vickerson, might have paid the plaintiff in British shillings, .at one shilling and thrccpeiice, and which being considered the fi'nctional parts Ofthe dollar, uniyersally pass , in Nova Scotizi at this rate, and have be- come part of the currency of that Province. Allow me now to ask you, Sir, is one shilling and Hire nee, in a strict sense ofthc thing, the real value ofthe steifiiieigshilling, ac- cording to the established mode of calculating Halifax cur- rency? or is it a. nominal value, placed upon the coin-for' purposes of general utility ?'The latter unquestionably. The sterling shilling, by adding a ninth—the le al difference of exchange—should pass in Nova Scotia at t irleen pence far- thing and three ninths, which would be properly Halifax currency; but the good people of the Province have deemed it expedient, inaddition to this, to put a further nominal value of one ny half penny and six ninlha‘onthis coin, whether by aw or/ custoui, I care not, thus raising it to one and lhreepence, and'consideringzit the fourth part of the Spanish dollar. Allow me again to ask, are we to have the nominal value of coins in Nova Scotia crammed down our throats, as legal tenders in this country? or havec'we not us good a right to extend the worth ofour money as the Hali- gonians have of increasing the value oftheir own, whenever iLis conventionally thought advantageous to‘adopt such a measure? Independent ‘ofthe British shilling at fifteen pence, is the doubloon at four pounds, the sovereign and guinea at twenty five chilling _and the dollar at five shiiilings‘ and three pencei‘fiohifiwrcuimion in Nova Scot' ’ at these rates, the real currency value of these coin >And yet, forsooth, Tiu'ricnus glories iii the unfortunate defendant being compelled to pay in this boast— ed currency; aiid, what makes the thing more remarkable, in open defiance ofaii antecedent agreement between the contending parties. '

But—to return to the subject—I have asserted, and again repeat, that a. reduction ofour currency, in the present pos- ture of our trade, would produce the greatest distress, and that distress would pervade all classes of the community. The farmer—that valuable member ol'society—diom scarcity of money, would frequently be driVeii to the necessity of sacrificing the produce of his labour, or, in the event of not finding a cash market, to barter it away for articles he could well do without. He would be unable to pay his ser- vants, improve his property, and make the necessary pur- chases which the numerical extension of his family might possibly require. The merchant would have great difficulty in dispOSing of his commodities, paying his debts, and punctuully meeting his pecuniary liabilities; and thus a decide check would be given to all commercial purSuits. Persons who derive their incomes from other countries would be unable to Obtain cash fbr their bills, without sub- mitting to a ruinous discount, and, consequently, would be induced to quit' the Island in disgust. I well remember when English bills, from scarcity ofmoney, were at a dis- count of twenty-five per cent. in Charlottetown; and those times would revisit us with tenfold inconvenience, as there would be more hills in the market, and, of course, more sufferers to participate in the general embarrassment. Your Treasury would be empty, your roads and bridges remain unrepaired, and the general improvement of the country would be thus wretchedly retarded. It is unnecessary to dwell on the train of calamities that would inevitably follow upon the” reduction of our metallic currency, and its conse- quent abstraction from circulation. - lts pernicious ef- fects, in former times, have been experimentally felt, and the difficulties that then prevailed must be vividly recollect- ct! by every one. You have only to afford our commercial peo ile facilities in making their remittances in substantial gol and silver—always preferable to the bulky articles of agricultural produce—and in afew months the Island will be placed in astute of pecuniary _destittition. It is said, however, that although our money might disappear in some directions, it would be replaced through other chart- nels, and thus, like the ebbing and flowing of our rivers, a monetary equilibrium would be preserved. I am aware that cash returns annually, to a certain amount, are, made from NewaUndland and Miramichi, on sales of our agricm. tumi produce, and that a few pounds are thrown into the circulation occasionail by strangers who Visit the Island; but, on comparison, the ingress to the egress would be found to bear a‘ me man proportion, and thus fully to establish the poii'its have been endeaVOurmg to prove.

A thought has this moment, Sir, flashed upon my mind; .and without hesitation, I will venture to embody it in this communication. 'I‘si-riczns, for aught I know, may possi- bly be seine cormorsnt Attbrney—and' such there are to be found, I am sor . to say, in a profession I highly respect —if‘ so, be naturarily would be anxious to lnthduce the currency reduction system, as he and his counterparts are the only folk that would be likely to fatten on the distress of the country. Where there is one action now, there would be fifty then ," and the following conversatioq. Wigwh one? took place in a, certain part of Her Millefly 5 dom" nions, but where I cannot, at present, ‘pl‘eClSe‘Y {ecouecfi might occasionally be repeated in the metropolis of this Island :—

Scsss—fl Lawyer's Oflice. , _ DRAIATII Preseason—Bamboozle, thfflttomey,‘ with a law student sealed at a table, and a dejected, care-worn looking man standing before them. _ - -

“Did you receive my letter?"——“I did, Sir,_and that has brou ht me here."—,—“Are you reparedJo pay the amount of

—“ Well, then, I am instructed to proceed against you immedi- ately.":—T“I hope not, Sir (tremblingly)."—“ My instructions are postlive (stornly)."—“Icannot, at present, raise the money, Sir ’—“ Nonsense ! you fund shall find it."—“ Can't you give me a little longer time, if?"—“ You have had time enou h —the money, I ‘tell on, must he paid instanter."—“ Ifiny litfie property is sacrifice , Sir, my wife and ten small children will be reduced to certain iniser ."—“ I can’t help it—tbtii's no affair ofmine; I’m not to be bumbug ed by such representations; we have lots of this sprl. of whini g stufl‘ every day (student grin- ning)."-—“ For God sake, Sir, give me a month or two longer, and I'd! try, if possible, to borrow the money.”—“ You say you have do money—Well, here then sign this paper, to prevent fiirther expeiise.”—“ What is it, Sir?”—“A Warrant of At- lorney."—“ And will that give me more time, Sir (sub- missively) ?"—“ We’ll see about that by and bye (significantly).” -— Cctcra dcsunl. ,

l have now done with the subject, and shall leave Titi- 'I‘ICEUS to wind up his case before your intelligent readers and the public, who have been inpannelled as jurors on the trial, and, who, by a judicious verdict, will no doubt pro- perly decide the matter at issue.

E PSILON.

To THE EDITOR. 0! THE COLONIAL HERALD.

Sir; As the Mail Steamboat has ceased to ply for the season, and the winter couriers are likely preparing to llll- dcrgo their laborious anddierilous undertaking, I have no doubt that any suggestio‘t‘f‘which may lead to the accom— modntion either of the public or the ill requitcd contractors, in the conveyance of ~the Winter Mails, would not be unacceptable. :

Lust \Viiitei', Iobserved that the Mail seldom arrived in Town until late .at, night—often at midnight—and conse- quently letters could not be dolivcrcd until the following morning. It reaches Cape Traverse generally about Four' o’clOck, p. in.; but with merely one horse to perform the jour- ney, it is almost impossible for it to be brought to Charlotte- town ut an earlier hour. I should therefore think, that were there to be found, either-in the Legislature or among private individuals, sufl‘icieiit spirit qfenlerprise and enough capital to enable the courier to ,provide himself, as all other couriers are, with a change ofhorses, at about half the journey be- tweeu here and Cape Traverse, the inconvenience I alludc’to would be effectually remedied, and consequently letters, 83c. might be delivered ten or twelve hours earlier, which, before the return of an English Mail, might prove of the utmost consequence. The paltry sum of Ten Pounds, I am con- fident, would suffice for the purpose.

I am, yours &c. f>osr HAS'I‘E. Charlottetown, 3d Dec. 1841.

TO THE Eni'ron or THE COLONIAL HERALD.

Sir; Allow me to call the attention of the proper quarter to the following iiicts. You are aware that the Legislature, in its last Session, passed an Act, intituled ‘Aii Act for the ‘appoiiitmciit Of' Fish Inspectors, and to continue and ex~ ‘ tend the provisions of the Act now in force, regulating,r the ‘ size and quality of Fish Barrels and Tierces, and the ‘ weight Of Fish made up therein,’—a measure loudly called for, in order, for the promotion of the health of the coni- munity, to prevent, among other things, the sale and con- suniption of tainted Fish. In this Act the Lieutenant GO- veriior, or other Administrator Of the Governii'ient, is eii‘i- powered to appoint Fish hspectors in “the different Towns, Ports, Harbours and Settlements in this Island.” Now, Sir, whether it is through a total disrespect to the law of the Island, or a wilful disregard t the health and security ofits inhabitants, I am not prepare to say ; but there is not, to my certain knowledge, one Fish Inspector appointed at the harbours of Saint Peter’s, Souris or Rollo Bay, in King’s County, where, to our disgrace, there have been cargoes from Newfoundland and Magdalen Islands, of tainted and putrid Fish, exposed for sale every day this Fall. Allow me also to add, for the credit ofa certain department, that there are no persons appointed to put down Buoys in the Harbours of Souris and Rollo Bay, although the means for that Object have been provided for in the appropriation of last Session, which is a serious. inconvgiieuce to tite'pchipping interest iii that quarter and elsewher . ‘

Yours, 8w. OBSERVER. Observation IIili, ' King’s County, Nov. 26, 1841.

TO THE Enrron or THE COLONIAL HERALD.