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Poverty Bay Standard, Volume III, Issue 426, 8 November 1876, Page 2

Professor Blackie, in a recent speech at Inverness, stated that he had succeeded in raising £B5OO out of the £lO,OOO required for the endowment of the Celtic Chair in Edinburgh University. A London correspondent writes: — “The oppressive stagnation in business, and the generally overtraded and underpaid feeling that incites so much hearty growling just now in this country, seems to have become the order of the day everywhere. At present the whole civilised world may be said to be ‘ hard up.’ The last number of the English Court Journal says of the flattest ‘ season London has seen for forty years ; ‘ The season is coming to an end, the migratory worldis on the wing, and London is emptying itself some weeks earlier than has been its custom of late years. One long bitter wail issues from that portion of town that repines over the extreme hardness of the existing state of things. House agents, coachbuilders, livery men and lodging-house keepers inform the world that English society is bankrupt, and ruin stares every one in the face. Without any exaggeration there is no doubt that thousands of people need to retrench, and the amount of pleasureseeking this autumn will be limited in quantity and economical in quality. It is curious to test the form of selfdenial adopted by the so-called impoverished members of the fashionable world. Apart from the reduction of household servitors, which in itself alone must be an unlimitted blessing, the ordinary autumn tour abroad must be sacrificed.”