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ENGLISH EXTRACTS.

The Sale op the Ducal Property at Stowe. — The unreserved sale of the effects of the Duke of Buckingham commenced on Tuesday, in the state dining-room of the palatial residence of Stowe. Up to the latest possible moment, prior to the ''actual commencement of the auction, a report was very generally current in the neighbourhood that the sale would not be permitted to take place — that the contemplated desecration would be stopped at the last moment. Those, however, who gave credence to the rumour had little knowledge of the extent of the liabilities incurred by the Duke of Buckingham, and the utter hopelessness of any means of liquidation short of the absolute and unreserved sale of nearly the whole' of the family property. The Stowe estate consist* of about 59,000 acres of land, divided into farms of convenient size. The title-deeds of this property are chiefly held by the Norwich Union Life Office, and that the whole will eventually be brought to the hammer there does not appear the slightest possible doubt. The out-lying farms have already been offered for sale by Messrs. Farebrother, and the sales have realised about £95,000. What is to become of Stowe ? is now the question asked on all hands. Every one feels that once robbed of its magnificent contents, there can be small hope indeed of finding any member of our aristocracy prepared to purchase and refurnish it. The park alone exceeds 1,500 acres in extent, and will necessarily require a very large income to support it. Two or three noblemen have been mentioned as anxious to possess the place, but beyond the desire expressed there is nothing calculated to confirm the probability of its sale. On Tuesday at one o'clock at noon all doubts as to the sale taking place were finally removed by Mr. Manson mounting the rostrum and announcing the sale. The Duke's debts are estimated at a million and a half sterling. The creditors for this enormous sum are said to be secured on mortgages, which extend over every acre of land on the family estate, with the single exception of the Chandos property, amounting to about £17,000 per annum, as well as on the mansion of Stowe itself. The mortgage on the valuable contents of the mansion alone, exclusive of books and MSS., amounts to between £60,000 and £70,000, and is wholly unconnected with the liens upon the land. However much it is to be deplored that a place so celebrated for its historical and literary associations should be invaded by the auctioneer, some consolation may be felt in the fact that the mortgagee of this portion of the property is no usurious money-lender, but a private gentleman of fortune, whose transactions with the Duke are said to have been marked by the strictest honor and probity. The Marquis of Chandos has secured to him £20,000 per annum in joining with bis noble parent to cut off the entail. — Observer, Aug. 21.

The Auckland Islands. — In the reports of the reply of Mr. Hawes, on Monday evening, to an enquiry respecting a communication from Mr. Euderby to Earl Grey, on the subject of Vancouver's Island, in connection with the Southern Whale Fisheries, a lease of the Falkland Islands is stated to have been granted to Mr. Enderby, fofc the 1 purpose of enabling him to carry out his project for re-establishing those fisheries; whereas it is. the Auckland Islands, situated in latitude 51' south, and longitude 166': east}-' of which he has obtained a lease from * the Government. We understand the purport of

Mr. Enderby's communication to Earl Grey to have been — that in order to insure the colonisation of Vancouver's Island, and at the same time to facilitate the realization (hitherto alone prevented by the disturbed state of monetary and commercial affairs) of hit views in regard to the fishery, tome common plan of action should be concerted between him and the Hudson's Bay Company, and that Vancouver's Island should be made a subsidiary or branch station to that at the Auckland (the South not North Pacific be* ing, for various reasons, which will be obvious, the proper seat for the chief establishment) Islands, at which whaling vessels from the latter, whilst fishing in the North Pacific, might at all times be able to refresh and refit. An advantage would thus be conferred on Vancouver's Island similar to that which the Sandwich Islands now derive from the visits of the numerous fleet of American whalers, which make them their place of rendezvous, and to which it is entirely owing that they have sprung into consideration and importance. — Morning Paper.

French Silks. — It is thought that the recent disturbances in France will lead to the removal of the fancy silk trade from Paris and Lyons to England. Many parties have arrived in Coventiy and Manchester from Paris and Lyons as pioneers, and from information thus obtained there is every reason to believe that several establishments will be removed to this country.

Republican Foresight. — The overthrow of some persons' fortunes, and the sudden rise of those of others, are worthy subjects of reflection. " Consequently," says a French observer, " I never give alms to a beggar without saying to him, ' Friend, think of me, if you hap]) en to become a minister, a director, or a deputy." — Le Follet.

What they sit for. — A Quaker, who was examined before a Court, not using any other language than " thee," " thou," and " friend," was asked by the presiding Judge, " Pray, Mr. — — , do you know what we sit here for?" "Yes, verily do I," said the Quaker — "three of you for two dollars each a day, and the fat one on the right for one thousand dollars a year."

Splendid Saddle Cloth. — A saddlecloth which the Turkish Sultan has presented to the Pope is embroidered with pearls and diamonds, and is estimated to be worth at least £15,000.

A Juror s Plea. — A pretty good joke was perpetrated upon Mr. Justice Hand at the present circuit in this country. A juror on asking to be discharged from serving, gave as a reason, that he had listened to the judges charge to the grand jury, and could not make sense of it.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZSCSG18490131.2.17

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Spectator and Cook's Strait Guardian, Volume V, Issue 365, 31 January 1849, Page 4

Word count
Tapeke kupu
1,039

ENGLISH EXTRACTS. New Zealand Spectator and Cook's Strait Guardian, Volume V, Issue 365, 31 January 1849, Page 4

ENGLISH EXTRACTS. New Zealand Spectator and Cook's Strait Guardian, Volume V, Issue 365, 31 January 1849, Page 4

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