NEW SOUTH WALES.

Lyttelton Times, Volume VII, Issue 478, 3 June 1857, Page 5

NEW SOUTH WALES.

, We have Sydney papeis to May 7. I .he most important item of inteUigence to qiu tne repoit of a v«y large puM* meeting in the Lyceum Theatre of that town, on th* 29th of . April, to taU into connotation the proposals of M?. Champion Wetton, ioi the estabhshment ot steam ooimTumicdtion, vja Panama lhe sup-, port which w* gi^n to the scheme may be judged fiom the, following lesoluW, which "were cauied unanimously. That th'B meehng.bemg copvinced of the i^port^nce to this colony of tjie establj-lwieot of Steam Snuaicatio.i with England ,i» P«».f^, 1«J learned «i'h giatification that a iepre«ntative of he Jftoy-1 Msl Oom»»ny has armed in Sydney, empowerea.to, enter into a p^Jsion J contract for SUth Sar Vnf'oider that this contract .nay derive the utmost'advantaoe from the pVopo^d nen.ce f.om Panama- this meeting is of opinion tnal the GovernmenHf New South Wales «l,ould be the sole con ractor for the s.od sfiivfce, even at -he cost of the Si sum requited of €65,000 per annum meiv.ng the absolute right,to enter into sub contwrt, x»ith c neShbomihg colon.es, to the Wiota of any 'prhale -rrai^eirienrs between tl.en. and'the Ko>.il ''^TtXeW is firmly pervaded that tne ,dw« taoesto New South Wales fiotn suc!>, i-onnec don -Uh L We,le.» World ».H. jentuallj. mo,e 'thin lepay the contemplaltd outU>.

The following speeches aie reported by the ' Empne ' t~> ' > , Mr WbT*ON sind As the representative «f the company inttresteil 111 tlie .idopnon of U»P Panama route, lie Would m t^peak omthe merits o( the feoheme that had been the Subject of discussion tlu« eireniHg —(cheers,') —he would only buefly tu-nish the leadin,, facts connected with the Great W esterts route, leaving 1 the meenng to dtude as ti>, w> jaupeiionty over «ujy other (Cheeis ) liiere were nidiiy able and eloquent riien piesent, from whom an eulogy of tlfe line Would come with a bettei *grn'e tj).m trom himself 1 The West India Mail Compan), as the meeting wereawir^ had fo) m my jears xnn a line of steamships between England the Jsthmus of Panama, and it wab now propos.ee! to extend tliat hnfi from fins side of tht Isthmus to Australia-*-that is, from the city of Panama to Sjduej via Adcklandj and returning fiom Sydney via Wellington to Panama It Was also pioposed toTun a bianch hue fiotn Auckland to Wellington 'Ihis service the Iloyal Vfiiilqompam oiftred to peifoim oni-ein e,dch m6nth, 111 about fifty days. fioiu Southampton to Sydney, yi causideiatioa of a gioss total subsid} of !»m\ Kve thousand pounds (£bo,000) per annum. If on reference to tne Government of Victoria they dechnea to become a party to tl c com-ract, rteii the country would leqiure a subsidy of fifty thousand pounds (£SO 000) per annum far the seivic* between Pantroa, .New Zealand, aud

New>^South^Wales^.^Hev; (SMrVWettoaJ further ls&?ed;?*h*t'if it was decided to close-with the com r pony's offer, Sydney would be made tbe head quar;tefs"rif'(tbe: company's .fleet in the- Pacific, wjiich would!'secure >«n ofltlay in ithis- port alone of at -least' srme ninety: thousai'-d pounds per !annuin-t----■with1 Si-iiat .advantage-fro; .the,l'contractors; artizan.s, and "tradesmen; of * Sydney.;.ohe., wouldi leuve thje hieetiijgto judge. With!xe^ard!to the transit of,-tic ■T^hniiis oifi'.'PAria'riay jjrespactiiig which- there ; was ninch 'klartn' ami miscoticeptiou, he : assured* the tneeting'tlrat having' lately crossed by/that,route, 'heh'ad'seeh ie!ig-h passengers farrive froili ' JJ[ewr Yo"rk in a ','mbrtting,'Sand ■ all- sail away on' the •Pacific side forrSart- Francisco;the.same afternoon. 'Dufirt^ a-fortiiighVsf sojourn ion the^ •Istliimis,Ji« -Md hit seen orheard of * single case of isick'ness:; biit asit co itld'not be denied tiiat" there! were, sea-sb'ivs-du'niig which intermittent-fevers prevailed it waicontemplated by the Company to have:a depot on pneof^he beautiful and salubrious islandsin the Bay of Panama, on which passengers to and from Australia could rest in. ,cqmiprt and safety, should the eampanv's, ships',at 'any time fail to coimect "from aivy'of Wose causes to which all who naviga;* ': the: ocea.ii are OKcasimially sulyect.; Iri conclusion, he 'coiigraMiJated.the »ifceti»£,on the attendance of so large "and "innuential a" meeting, evrdenchig t,he great interest taken in this important -questioh. . (Great chef ring.)"- ■■ ; T%n—a n Xhe CHAißMAN.next.iiHrqd.uced ||r. Dillon UelJ, tlieT-preWentativeofJth^ |N.feW|Zeaja>Jd G6y^rnment ■*jn die present master, and "that geiftleiiian Was-fe-I ceived.withgve^t cheering. ' ; ' Mr. Bell said :As the representative of the Go-r:-verhmeht of New Zealand,^ it. afforded huh great v gratification to see, so .Urge and unanimous a, niefet•invt W» -that most iniportaut occasion, . (Chetrs.; He was quite certain the Government which' he had 'the- honour to^repre^nt would be.gratified at^he warm manner-in; which'the Offer of the Royal Mail Company had beeii responded to. (Great cheering.) r!Hheyi wareawvirejiu); dpubt, that; that this^uliject^f steam postal communicanqn, i>/» Panama, was of the^greatest importance to NewZeaiand-^irwas; in ; facets ■lifeV:'tCirebtvichwr^.);v:ltte/had no ■■ i Were'^mong^the: firstWgive their^anction > to.the ■: it.ropbs'al- ■: forithe.estabfehment qr v t iq Resent : lme^ ( Cheers) .With; respect 19 the.resolutipn in which it Was m-oposeo that the whole contract should be SlSf byE &MWO*; Wconld^ly :*pyffl.t 'Wicake-th'e; Govfernmeufr resolved Stefrtiori; .this .scheme.; mould .have the -effect Uew43Toiith s Wales to her.positHwyis^the Sdin-A^tralianoolony,,, Thepoatioa o ; the Go"v^mVentof New Zealand, hi ieierencfr W'thepre*;sSf scl^nYe,' would liii»t be in aiiy Way altered—it ■ Kild no'f have-tbe= eirectof altering.the.pmposit.on ■ WhSh he camethere.to maintain^ (Cheers.) .wS'be no jealousy on the part of Mw, Zealand at S,suufli4 out of the present transaction. ';?SeYs and laughter.) They would gladly joi f m c'S^n- V& .transaction out to a success^ issue. ■'(■Cteer?) -'-He was glad to see that.the quest.oa was •nk Snared solely, in the light of : a : commercial not cou^ur must be remembered Sra. l?&i?K{ Pleading step^^ofthen^ioi. :-ffi would .•Miow-.hem hereafter' (cheers -^nd "fi Sn^ssilre-thgm "the -Go« V ««»t ot Savanxement of the Anglo-Saxon race « this hemispliere; ' (Grt^^clieern^