SYDNEY. [From the Sydney Morning Herald, May 5,J

New Zealand Spectator and Cook's Strait Guardian, Volume III, Issue 193, 5 June 1847, Page 3

SYDNEY. [From the Sydney Morning Herald, May 5,J

Tiie western boundary line of the province of Port Phillip is being laid down by Mr. Wade, five miles beyond the mouth of the Glenelg. The celebrate.! horse Patchwork, imported into Port Phillip by A. Goldsmith, Esq., of Bunningyong, who purchased him for the sum of £1200, had die 1 . The population of Melbourne is estimated at about 11,000, and the number of licensed public-houses is nearly 100. The two aboriginal natives convicted of the murder of Mr. Beveridge would be hanged at Melbourne on the 291h April. It lias been discovered that a quantity of stones and dirt has been shipped at Adelaide, and advances been obtained on it as lead ore ; the names of the guilty parties have not yet beeu made public. Mr. B. Boyd has lately landed at Boyd Town, in New South Wales, sixty-five natives of the New Heorides, aged fro.Ti 14 to 25 years, to be employed as shepherds and labourers.

The Legislative Council of New South Wales assembled on the 4th May, when the following speech was read by Sir Charles Fitzroy : — Mr. Speaker and Gentlemen o* the Legislative Council, — I have called you together at rather an earlier period of the year than usual, conceiving that in doing so I best consult the convenience of members, especially of such as reside in the country districts. I am happy in being able again to congratulate you on the general coudition of the colony. The great abundance, remarkable cheapness, and excellent quality of all the necessaries of life, which now prevail, are not, I believe, surpassed in any other country. For these great blessings our gratitude is especially due to Divine Providence. I have the satisfaction also of being able to state that the Revenue is in a flourishing condition ; the slight deficiency in the amount collected in 1846 as compared with the Revenue of the previous year, has chiefly arisen from the discontinuance of the assessment levied on stock beyond the boundaries for police purposes, and the reduction in the duties on spirits. In other respects there has been an mc ease which is satisfactory, as indicative of the thriving condition of the people. 1 have much gratification in informing you that the amount already at the credit of the Crown Revenue, will enable the Government to pay off, in the course of the present year, the whole of the outstanding debentures, amounting to nearly £100,000, which were issued to meet the expenses of Immigration in former years. As this will leave the Territorial Revenue wholly unencumbered, and consequently available as an adequate security for any fresh debentures, which it may be thought desirable to issue for a similar purpose, I have, on the urgent solicitation of a numerous and highly respectable body of persons, who have represented to me the pressing demand which exists for a further supply of j labour, strongly recommended to her Majesty's Government the immediate resumption of Immigration to the amount of 5000 statute adults ; and I am not without hopes that the first emigrant ship may, in compliance with this requisition, reach the colony by the close of the present' year. The experience which I have already acquired in the colony has strongly impressed me with the persuasion that a regular and copious supply of labour, carefully adjusted to the demand, is necessary, not only to promote but to maintain in a satisfactory state the chief objects of colonial industry. I will cause immediately to be laid before you the accounts of revenue and expenditure for the past year. The estimates for the ensuing year are in course of preparation, and will also be presented to you without delay. Some expiring laws will require your early attention. Amongst the more important of

these, are the Acts relating to the constitution of Juries, the Distillation of Spirits, and the Duties on imported and home distilled spirits. I am desirous of bringing under your consideration the expediency of devising some efficient means of putting into a proper state of repair the great lines of thoroughfare throughout the colony. 1 shall be happy to concur with you in the expenditure of any sum for this purpose, which can be justly spared from other no less important objects. A portion at least of the amount to be thus expended may it is conceived be made good to the Treasury by the imposition of tolls, wherever the state of the roads has been so impro- - ved as to justify such a measure. The recent melancholy shipwreck at Moreton Bay, has suggested the necessity of placing steam vessels employed in the conveyance of passengers, under some efficient system of supervision ; and I propose to lay before you a Bill to effect this object. I have much satisfaction in announcing to the Council the determination of her Majesty's Government to surrender to the Legislature of the Colony the right of appropriating the casual revenue of the Crown collected therein. In the despatch from Earl Grey, which communicates to me this important concession, and of which 1 will cause a copy to be immediately laid before you, his Lordship observes that, " the sum set apart for a civil list is as large a part of the revenue of the colony (other than the Land Revenue) as Parliament designed to withdraw, or as it is desirable to withdraw, from the control of the local legislature. On the part of her Majesty's Government his Lordship entirely disclaims any wish to augment that deduction." Under this decision, therefore, it will be my duty in future to place at your disposal the appropriation of the casual revenue, or droits of the Crown, as part of the ways and means of the annual financial arrangements ; the territorial or land revenue being as heretofore subject to be appropriated under the direction of her Majesty's Government. There are also other despatches from her Majesty's Secretary of State for the Colonies, 1 which I shall have to place before youj and' such other measures as 1 may deem necessary, I shall submit for your consideration, in the usual manner, by message.