ENGLISH NEWS.

New Zealand Spectator and Cook's Strait Guardian, Volume II, Issue 56, 1 November 1845, Page 3

ENGLISH NEWS.

By the Scotia we have received files of Sydney papers to the 14th October, and also English papers and letters to the 31st May. Our readers will perceive, by the tone of the two leaders from the Times of the 29th and 30th May, the increasing interest New Zealand affairs are exciting in England, and we have no doubt the government will be compelled, at no distant date, to do justice to the settlers in Cook's Straits. We have published at length the report of the New Zealand Company to their shareholders, at their annual general meeting, which will be found to be most important. From this report it would appear, that a projposal was made to the government by Mr. Buller, at the suggestion of Sir James Gra-

ham, to erect the southern portion of , the northern island and the whole of the middle island into a new province, to be called the province of Victoria, to be governed by a new Company, (into which the present company shonld merge) with a capital of £1, 000,000* half of which was to be paid up by the date of the new charter. This plan, to which Lord Stanley at first had no insuperable objection, was afterwards rejected by him, and an offer was made by the government to buy up the Company's interests, which the Company declined to enter lain. Mr. Buller's motion for a committee of the whole House to take into consideration the petition of the New Zealand Company was fixed for the 1 7th June. We have been favoured with the following extract of a private letter from London, dated 31st May, 1845 :—: — " With regard to the future I am unwilling to say anything. Public opinion is decidedly in favor of the Company, and is daily gaining strength. But on the other side is Lord Stanley's temper, worked upon by the influences of Salisbury Square, infused thro' his back-stairs under Secretary; and Ireland compels Sir R. Peel to summon or retain all possible and available strength in the cabinet. The articles in the Times may indicate the probable course of the future current; and certainly the rejection of what was really to many a tempting offer, has placed the Company on higher ground than it has occupied, perhaps at any time since the reports of its first successes were made public. We are still in ignorance of the intended successor to Capt. Fitzßoy. Two names have been mentioned : Sir Gordon Bremer, I should think without foundation, and Capt. Grey, of South Australia, the probability of which i seems to be gaining credence. In three weeks time I suppose the debate will come on, and if, as is expected by many, it be decidedly favourable, everything will be easy." Next week we shall publish the remainder of the proceedings at the annual meeting of the New Zealand Company, including Dr. Evans's speech, and his correspondence with Lord Stanley, .and the correspondence between the New Zealand Company and Lord Stanley on the subject of the new province of Victoria, all of which will be found to possess the greatest interest.