LATEST NEWS.

New Zealander, Volume 3, Issue 134, 11 September 1847, Page 3

LATEST NEWS.

The arrival of the Afguftfn, hat put us in postession of Sydney newspaper* to the 33rd August. Subjoined it a summary of their contents, in leferenct to domestic matters, Tbe Legislative Council was still occupied in discussing a variety of new bills, very few of wbich seemed liktly to be passed fiiial)y,—but fhe eMioi»t« were going on •unootblj r -a itrohg

proof of the confidence of the honor in Sir Charles Fitzroy. Among the bills passed by the Council, and which hare received the Governor's assent, was the Metallic Ores Act Perpetuation Bill, Union Bank of Australia amendment* Spirit* Duties, Electoral Districts, and Master and Servants Act Amendment Bills. That interim nable affair which bat been going on for the three sessions past,— .the Publican's Licensing Act Amendment Bill, has at last received its qnietus, being postponed indefinitely ; as also the Naturalization Bill. The Australian Agricultural Company's Coal Monopoly has ceased to exist, an arrangement having been come to between the Director! in England, and the Storetary of State for the Colonies, by which all previously existing privileges on the part of the Company and the Government, were to be given up, and that without entailing any charge on the colonial funds, The announcement to this effect by a message from the Governor to the House on the 17th ult., was greeted with long and repeated cheers. A Bill is before the New South Wales Council, tor removing doubts as to the validity of marriages solemnized by Ministers of the Free Church of Scotland, theactiof Ministers of the Presbyterian Church to that effect being already recognised by law. A general abstract of the sworn returns of the liabilities and assetts of the several Banks in New South Wales for the quarter ending 30th June last, exhibits the following results : Total amount of notes in circulation, (omitting odd shillings and pence), £241,037 j of bill*, £19,477 ; deposits, £1,299,092) coin in the bank coffers, £740,244; lauded property, £60,179; making the liabilities in round numbers, above a million and a half, and the assetts above two millions and a half 1 The paid up capital of the four banks, viz.— Bank of New South Wales, Commercial, Australasia, and Union Bank of Australia, is £1,950,027; and the reserved pro* fits of the payments of dividends, £205,923. The Bank of New South Wales shews a dividend of ten, and the other banks of three and six per cent, per annum. This vast amount of deposits speaks volumes as respects the state of the market for investments. It brings no interest whatever to the holders, and yet the deposit fund from quarter to quarter seems to be increasing 1 There is no likelihood that any considerable portion of this immense amount of unproductive capital will find its, way into circulation, until the Banks do what they have been threatening, which is to concur in charging an interest on deposits. Among the latest large insolvencies in New South Wales, is that of the estate of Mr. L. Duguid, late Managing Director of the Commercial Bank, whose debts are stated at above £28,000, and assetu above £22,000, leaving a balance deficiency of above £5000.

Murder itY the Blacks.— -It is our painful duty to record another diabolical murder committed by the natives in the neighbourhood of the Bojne River. We are informed that three of the blacks who were the ringleaders of the party that put to death Wyamba, the black boy, at Messrs, Feiriter and Übi's station, on Baiaraba Creek, a ihort time ago, proceeded to the station of Messrs. Humphreys and Heibetr, with the intention of taking, the life of the first white man they might find unprepared to resist their murderous attack-. It appeais thai a shep* herd named John Roger*, was found dead on the run, about three weeks since, with two dreadful wounds in the head, apparently inflicted by a tomahawk. It is conjectmed that while he whs tending his flock, the villains treacherously deprived him of life, as his gun was found loaded, not far from the spot where the body was discovered. We undei stand that no steps have yet been taken for the capture of the murderers. Of course no inquiry will be instituted, as the victim was only a white va&n.—Moreton Bap Courier,

England, Austria, Prussia and Russia, hare «II resolved to protest against the assumed sovereignty of the Bey of Tunis, whom the British gorernment refuse to recognise in any way but as the vassal of the Potte. A petition signed by 648 Catholic priests has been presented to the French Chambers, praying an immediate and total abolitiou of slavery in the French colonies. General Paiafox, the heroic defender of Saragossa, against the French, died suddenly at Madrid, on the )sth March last. Upwards of £0,000 persons are stated to be j inmates of the London workhouses, 60,000 re* I ceiving out door relief, and from 1400 to 2000 i nightly sheltered in refuges for the houseless, I The further progress of the Protestant church j lately in course of erection at Alexandria, has been stopped, we ate sorry to say, from want of funds. v The King of Bavaria is publishing a fourth volume of Poems ! A recent Treasury order, abolishes all postage on newspapers between England and Prussia, and reduces the rate on printed pamphlets to 6d. per half ounce. A similar order would not be amiss for New Zealand. Literary Honor.— The University of Olinda in the Brazils, the most ancient tin the American continent, liafc con ferred an honorary fellowship on {he Rev. Dr. Lang, who, ou the occasion of his recent visit to Pernambuco, was iuvited by the University tctake a part in the ceremony of conferring the Degree of Bachelor of Laws on a young Brazilian.— Atlat. A successful experiment was performed by the inhalation of ether at Grand River hospital ou the 23rd. Dr. Montgomery, assisted by other medical gentlemen, amputated the arm of a man •who was quite insensible to pain during the operation. The inhaler belonged to Dr. Bell of the steamer Pekin. ' . At Bourbon, the loss of H.M.F.S. Berceau was considered beyond doubt, and a funeral mass performed at the church of St. Denis, for the numerous victims of this dreadful disaster. The Cleopatre with Admiral Geciie on board had arrived at that island to relieve the Belle Poult, atout Jo return to France. ' A circus under the direction of Mr. Mongin, erected in the Champ-depart, bat for someday*

past been opened* This is a favorite amusement, and has been well attended.

Cork to Cavalry Horses— ln consequence of the extraordinary high price of oats, occasioned by the general scarcity of alt kind of grain, an order has been issued from the Hone Guards to the Colonels of all the cavalry regiments in Her Majesty's service, for a considerable reduction to be made in the supply of corn to the troop horses. The quantity to be reduced from 101b. to 71b. every daj .making a diminution in the consumption of nearly one-third. In a cavalry regiment of 800 horses, under the new arrangement, saving upwards of 50 bushels of oats will be the daily average, and nearly 18,000 busbela in the tw elrenioiuh.