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THE BAZARINZR.

187

“Notes being presented for payment, and the amount |

PUBLIC MEETING AT GEORGETOWN.

ID AREA RL LT ET a I RR RE 2

} Nanrow Escapr From Drownixe.—On Monday afternoon as two women were atiempting to cross the Hiilsborov

(which, be it observed, must be in Cash) required for this! {Since our last issue we have received no reliable in- River, and justas they were pane the end of Pownal wer

purpose, is the most important subject to be brought | telligence from Georgetown touching the circumstances the ice broke, and they plunge

under consideration. | I do not think the Bank Restriction Act will be a) guide entirely on this subject, but the probable extent!

which led to the calling ofa public meeting et that place, “to take into consideration measures for the protection of life and property,” but the opinion has been expressed to us by several intelligent persons, that the resolutions

into the water. At this ‘moment Mr. Artemas Davison and Mr. G. W. Milner of this |towm were amusing them selves on skates, and seeing the | unfortunate women, proceeded at once to their assistance, and

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with au iminense deal of difficulty succeeded in getting them |safe onthe ice again. One of the women was so near sinking.

to which our Notes will find circulation in the neigi-| passed at that public meeting are calculated to inflict that it was only by Mr. Davison grasping her by the bonnet more injury on society at Georgetown, than benefit, as! that she was ultimately rescued froma watery grave.

bouring Colonies, is an essential ingredient in this cal-| culation, seeing that if they do not bear there their full) nominal value, all persons remitting from hence will) present them for payment in cash at the Treasury, with- | out, therefore, making any alteration in the value of the’ gold and silver currency. The Notes to be issued ought) to represent British Pounds Sterling, and parts thereof, which would greatly facilitate their circulation out of}

the Island. Now, how much are we to borrow and what amount

of Notes are we to issue?

The simplest way seems to be to fund a sum equal to what may be found to be the amount of Warrants ac- tually afloat atthe time when the Government shall) cease to issue them; and, consequently, a loan! seems to be required large enough to effect this, and to’

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they represent the disturbances and.infractions of the peace, which called forth the expression of public opi- nion in a much stronger light than the facts awvill justify. We hope this may be the case; at all events, we think that all the circumstances which led to the meeting

ought to be fully explained, (and we have no doubt the!

Government will seek sucli explanation) to ascertain whether or no the Magistracy of Georgetown have been wanting inihe proper discharge of their duties. We print the Resolutions below :]

In compliance with a Requisition addressed to Hugh McDonald, Esquire, senior Magistrate in Georgetown, reqnesting him to call a Public Meeting to take into consideration measures for the protection of life and property, and for the promotion of peace and good order in the town, a Meeting advertized by the said senior Magistrate, was held in the School House on Saturday the Ist inst., which was very numerously and respect-

leave a surplus in the Treasury to meet the contingen-| #bly attended; when W. B. Aitken, Esq., having been

cies of cash being demanded for a certain amount of

convertible paper. And it will be advisable to issue

about 15,000/. of Notes payable on demand, instead of the 11,500/. of inconvertible ones.

If this plan were followed, there would be a standing debt created equal to the amount of Warrants called in or to be absorbed, and I think about 5,000/. more. In this case the chance of a run against the Treasury would

‘be very small, or its consequences provided for; and

‘thus we shall have redeemed ali the Treasury Warrants

-and created a public debt in the way of stocks or funds or saleable securities to the amount of (let us say) 35,-| 000. I think it would not be advisable to throw this stock on the market with the certainty of its being paid off at any given time, but there should be an accumulat- ing sinking fund of at least 1,500/. per annum vested in commissioners for its redemption as it comes into the market.

appointed Chairman, and Mr. Archibald McKinnon, Secretary, it was

Resolved, That it is the opinion of this Meeting that the riotous and disorderly proceedings which, for some time past have taken place in Georgetown, endanger both life and property.

2d.— Resolved, That it is the opinion of this Meeting, which it expresses with deep regret, that had the public authorities exerted themselves with becoming vigilance, the quiet and peace of the Town would have been pre- served, and life and property would have been much more secure.

3d.— Resolved, That Robert Cameron, Jolin Thomson,

DIED

At Georgetown Royalty, on the 12th inst., at the advanced age of 96 years, Mary, relict of the late Mr. Donald Morrison of that place. Mrs. Morrison wasa native of South Uist, in the Shire of Inverness, Scotland, and was the oldest inhabi- tant of the place where she Jately resided. She emigrated to this Island 56 years ago, and she ever enjoyed the respect of all who came within the circle of her acquaintance.

PASSENGERS.

In the ice Boat on Saturday evening last, Messrs, J Moinagh and Maicolm Murchison. g , sts, James

SHIP NEWS.

The Barque ‘ Margaret Walker,’ cast ashore on the North- eastern part of Panmure Island, on the night of the 24th or 25th ult., and which wes condemned and advertised to be @)d fer the benefit of the Underwriters—was saved by Mr. John Them- sou of Georgetown, and thirteon other persons, on the night of the 8th instant, and brought into Georgetown Harbour. ‘The vessel was stript of every thing except the bare masts, when Mr. Thomson and his crew took her in hands, and the exertions which they used to save so valuable a property must have been

very great, andentitle them toa handsome reward from the in- surers.

The Schooner Catherine, McAdam, hence for P. E. Islard, has been cast away at Goose island, near Country Harbour. Crew and cargo saved. Vessel! total loss.

We learn from the New Brunswicker of the 29th ult., that the Brig Falconer, (of Beliast) Capt. Roberson, from Sydney, C.B., 8th inst., for Boston, was wrecked on Ipswich Beach, about two miles S. i. of the Light House, in the gale of Friday night, and that the Captain, his wife and two children, fifteen of the passengers, and some of the crew perished before help arrived

Charles McLaren, Ezra Wickwire, and Samuel Wid- gery, jun., be a Committee to procure the publication of; the following Resolutions in the Colonial Papers.

for his kind attendance and attention to the business} transacted, | (Signed) ARCHIBALD McKINNON, Sec’y.| Georgetown, 3d Jan. 1848,

But to look a little further: it will be seen by the re-| port to which we have referred, that out of 14,6311. 19s.

diately for the public expenditure. Now whether the issue of 4,500/. more of Treasury Notes than at present circulate and which [ have proposed, will suffice to meet the exigencies of the Government, must depend on the} periods when bonds fall in, on comparison of these| times and circumstances will in part depend the suffici-| ency or insufficiency of the number of Notes, or whether | ‘there be occasion for any increase at all. These are| data with which the Government and Legislatures can| easily be supplied.

It will be very essential to the success of obtaining a loan, that the public creditor shail have some security. | To provide this, there must be a permanent Land Tax mortgaged for this purpose.

Thus, Sir, though I by no means set up for a financier and entirely feeling myself inadequate to the subject, I have endeavoured, though my letter may be full of in-

The Colonial Mails arrived last night. Although we have dates from all the British American Colonies, No-

vascotia, New Brunswick, Canada, Newfoundland, Ber-| 34d. in the hands of the Treasurer or Attorney General, | onda, &c., beside the United States

11,3161. 9s. 104d., consisting of bonds and money set) news in the prpers worthy of quotation.

apart to pay Warrants called in, are not available imme-| Judge Wilkins, of Windsor, Novascotia, has died,| and the Tories of that Province are straining every! nerve to “snatch” the vacant Seat for Mr. Dodd—known)

Mr. John Ings, of the isiander Office, purporting to open a Reading Room in Charlottetown, on the same princi- ple as regulates such establishments elsewhere. There can be no doubt that such a thing, if properly conducted, would be a source of amusement and benefit to the town; and, we care not who is at the head of it, we should like to see it prosper.

' j

, We diseover no} {

in Lord Falkland’s time, as “ Doddy the pliant.” !

} Reapine Room.—A Prospectus has been issued by!

(G"We shall give, as eoon as we have space for its,

‘insertion, the Report read at the late annual meeting of

the Royal Agricultural Society. |

Tue Currency.—We have received a long and | valuable Letter from the Hon. Charles Hensley on this |

accuracies, and even absurdities, to turn the thoughts of subject, for which, we regret to say, we cannot find |

our Legislators to the nature of the enquiries they will| room in our present Paper—every column being cram-

have to make, and if I succeed in that object only, my ‘med by other matters requiring insertion. We shal], |

end will be obtained.

It may be fairly expected that holders of Warrants,

for the sake of interest will fund a considerable amount, but I think it wi!! be found not so much as half the sum they represent. A share of that species of security

however, give it insertion in next Saturday’s paper. | MEXICO. |

Later advices from Mexico state that Gen. Anaya,

has been sought after rather for temporary than perma- was elected President of Mexico on the 11th inst. He’ nent investinent. It will be necessary, too. that 2 great has once before been Provisional President. His pre- part of the money borrowed shall be in cash: and Mt sent term of office extends only to the 8th of January ought to be (though my calculations above made are iN next. Island currency) in British Sterling, and then the price) The whole administration is in favour of Peace; and |

of 1001., stock may be easily understood all over the a Commission composed of Couto, Aristian, Cuevas and| world, and [ see no reason why (the precautions I have Rincon had been sent to the Capital to re-open negotia-|

euggesied, or some other tantamount ones being adopted) tions with Mr. Trist. The powers ofthe latter gentle-|

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from town. The brig is dismasted and lying aground on the beach. Many citizens repaired to the wreck, with clothing, &c. to wrap up the dead bodies, and the bodies of those whe wero

\in a suffering condition, in the cold for want of garments. At The thanks of the Meeting were given to Mr. Aitken |the time of writing, on Saturday, the dead bodies had been

brought to town and were lying in the ‘Town Hall, and the re- mainder were to be conveyed as soon as possible. These are all the particulars we have yet received. We hear from ano- ther source that eighteen bodies had been brought up to town on Saturday evening, and more were expected.

ARRIVAS FROM HENCE.

Cork, Dec. Ist, Williem.—Plymouth, 3d, Elizabeth — Liver- pool, 6th, Prudence.—-Liverpool 14th, George.—Gravesend Ith, Protector, Faterprise —J4th, Prince Edward. Off Dover 12th, Wanderer. '

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Treasurer's Office, Jan. 10, 1848. W ARRANTS to Number One Hundred and

Seventy-two (172), of the date of the Ist May, 1845, will be paid at the ‘Treasury on demand, together with the Interest due thereon.

J. SPENCER SMITH, Treasurer.

Treasurer’s Office, Jan. 10,1848. NOTICE is hereby given, that all Treasury

Notes now afioat or in circulation, which have from time to time been issued from the Treasury of this Island, under and by virtue of the several Acts or Laws of this Colony, authoris- ing the issue of Treasury Notes, are called in; and all per- sons holding the same, are required to present them at m Office for the purpose of having them exchanged for Notes of new and improved design, in the terms of the Act, 10 Vic. Cap. 12.

By Command, J. SPENCER SMITH, Treasurer.

Days for Exchange, Mondays and Thursdays during Office hours.

Extensive Sale of Valuable Household Furniture.

(GLASS, DINNER, DESART and BREAK- FAST SERVICE, aes &c. &e. LSO,

Farm Steck, Farming Utensils, Crep, &e.

STANHOPE GIG, SLEIGH trimmed with Bear Skins, HAR- NESS, &c: &c:, at SpRinc Park. Saleto commence at ll o’clock on TUESDAY the 18th inst.

Terms made known at time of Sale.

January 7, 1843.

FOR SALE.

HE Scsscrizer wishes to dispose of his

interest in that most desirable Property, situate at the corner of Prince and Sydney Streets, adjoining Mr. Pidwell’s elegant building—on which is erected a good substantial

Frame of a House

1001. of our stock should not be far preferable to a thou-\ man had been revoked before their arrival; and it is| T'wo stories high, Roughboarded, &c.,—there is an excellent

sand wild schemes with which the Stock Exchange has been inundated ever since the Emancipation of the Spanish American Republics. I am, Sir, your obedient Servant, AGRICOLA.

N. B.—The cup of 35,0001. added to 1,500!., pro- posed asa sinking fund, will be 36,5001., leaving to ex- pend out of a revenue of 20,000/., 16,500/., and be it observed, the pudlic buildings are nearly finished, and the expenditure last year, thanks to those who watched

ayer it, was 14,9711. 13s. 44d.

‘presumed they were referred to the Government at /Washington.

| We learn further that Gen. Santa Anna had issued |another pronunciamento, or proclamation, against the Provincial Government, which he denounced in strong

‘terms. Hehad also called for an orgamzed force of

5,000 men, to resume the war. He is said to be still headstrong and determined.

| His force consisted of 1,600 men, with which he was \threatening Congress, then in session at Queretaro, the majority of whom were inclined to peace.

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walled Cellar, and neatly built Chimney thereon. Its situation |is well adapted for the residence either of a private family or® merchant.

If the above Property is not dispesed of by private sale before ithe 10th day of February next, it will aa _ disposed of by

Public Auction.

For particulars as to the Titl ly to thé‘Hon. Charles Young, Barrister at Law; and for seed of Sale, apply to James N. Harris, Commission Agept and Auctioneer, or te

the proprietor, Cherlottetown, Jan. 15, 1848.

SR NaN RRR —

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