BUBBLE COMPANIES.

Daily Southern Cross, Volume XXII, Issue 2797, 13 July 1866, Page 3

BUBBLE COMPANIES.

We report elsewhere an instructive trial, held yesterday* before Mr. Beckham, in the Resident Magistrate's "Court. It proves two things, namely , : that " Young Auckland " is not wanting* in resources, or genias of a kind which need not b* specially characterised ; and that the "Old' Identity"" are 'not so- gullible as they were supposed to be. There have been , lately before the Auckland public several " schemes " for raising money, . ostensibly , to start -" independent organs ,o£ public, opinion'/-' which were to make up -for. all the deficiencies of the existing news* <paptfrs. '* ' - These projects severally proved abortiv*. One, whysh wag, duly advertised in our .columns, proposed td reform Auckland' .socie^a.t^the extremely low price, of one penny. It was^' genuine, although in, our opinion, a, .teryv sjlly project, which died "and' made n» !»ig1«l d&ut it was duly vouched for by the namei of the promoters. Then we, had, a second ! project, which-promised/ ever >so many things Iftflditiofoa), and which was to be called !«he" 'i-Star." The . price was- to be itwopence^ - double the price of the |** Adroßate," and twice as good. But | ( tb7e 's,Star'' r suffered a total eclipse. Its.proJ moteVs md not Tenturjß^lo^^end (any^nap^e ; to,

i the prospectus, MhicU was privately circulated ; and, of course, the public took no notice of the affair, beyond laughing at it. One penny and twopence having been tried, and baring failed, a third venture was made, and the promoters of the " Advertiser Company" assured the public that threepence was the only price for which the work they set before them could be done. The price was to be the same as the established papers, but there was to be one feature different., The present newspapers charged for advertisements ; the "Advocate" would give unusual facilities in the way of making " every man his own advertiser." Now, there are persons to whom it is a positive pleasure to blow their own trumpets ; but we do not know of many such who are willing topay for the privilege. That, however, was the hook which was so skilfully concealed by the eater prising young gentlemen ,who waited £5,000, neithe.r more nor less, in fifteen months, to establish a great and profitable puffing establishment in Auckland. The bellows were to be bought— only the bellows, for £5,000 : they . would find the wind for nothing. And accordingly the prospectus was drawn up, bearing the • signature of a young gentleman strange to the mysteries and new to the responsibilities of share-brbking.' That he had swallowed the bait, ' hook and' all, there can be no doubt! The thing is patent on the evidence. " But he soon found that it disagreed with, him. Gentlemen scruple to entrust private business to an agent who attempts to float a company vouched for by no respectable name, and in point •of fact being nothing at all but a South Sea venture in' miniature. " The big-wigs," or leading men, " are always difficult to Brag into an unknown speculation," writes the young gentleman who figures as defendant ; " you should try the second-class men just as they come." The agent acted on the suggestion of,the principal, but the tradesman was as shrewd as the merchant. " Somehow or another we shall get up the thing ; and the only way is, if one fails < to try another." The ways and means both failed, however; and the parties quarrelled over the stipulated payment of £10. For the recovery of this sum, and other expenses, the sharebroker sued his employer ;' and the result of .the litigation was 'the revelations made in the [Resident Magistrate's Court yesterday. We don't. care for going further into this matter than to express a , hope that the lesson which this wretched case .is calculated to teach may not lie;. lost on the parties concerned. Candour and straightforward dealing ate always the best and shortest ways to success. There are less risks, and fewer humiliations on this road. With regard to the newspaper projects to which we have alluded, we would just say in conclusion, that we would only be too glad to welcome in the field any well-conducted journal in Auckland. We do not express any opinion as to the want of another organ of public opinion; that had better be decided by the promoters ; but we do most certainly, raise our voice against attempts, such as we have seen dragged. before the public' in a court of justice, to cajole the public into subscribing money towards starting a newspaper on a basis which, on the showing of the promotex's, must end in a commercial failure. t '

A special meeting of the members of the City Board was held yesterday afternoon, to consider the standing orders of the Board. Mr. It. Ridings presided. The standing orders and rules were considered seriatim, and alterations were made in three of them. They were adopted and ordered to be printed. We publish the' standing orders elsewhere, for the information of members and the public, as they refer to the course to be taken with reference to petitions, &c, presented to the Board for consideration. A new national mart is to be .erected for the Messrs. Vaile, on the site of, the present building, at the foot of Wyndhani-street. Tenders for the performance of the work are requested in our advertising columns. In. compliance with the terms of the Building Act/ the establishment will consist of scoria and brick, instead of its .present material j and will jtorra another imposing, addition to the street architecture of the city. The present establishment has long been too confined , for the large and increasing busiuess of the National^fart ; and in order to keep pace with the growing requirements of the. times, the proprietors are about to replace it with, handsomo and commodious buildings, fille,d with every convenience, which modern skill suggests. The , new premises will have an imposing elevation, and be found quite in keepingVith the handsome blocks of buildings which 'have recently been built in this part of the city. Tke^prineipal frontage will be to Wyndham-street, extending as far as Qittos's buildings. The premises are to be three-storied, the upper part of the building being set apart for showrooms, and reached by a handsome staircase, rising from the centre of the mart. The show-room on, the second floor will extend over the whole area of the building^ and have a spacious promenade for, visitors. The interior fittings in erery department of the business, will be r of the m«st perfect character, no expense being spared in .the erection. ' The mart will be erected from plans drawn by Mr. Keals, and will, no doubt reflect every credit upon the architect. The,time for the reception of tenders for the works* 1 is extended until the 4th proximo. A case was tried in the Resident Magistrate's Court yesterday having reference to the rights and obligations of landlords of hotels.' A ■ gentleman named Melton had gone into the Army and Navy Hotel, between^ the landlord of wbi^hj Mr. Hayles, and. himself a. coolness existed. Mr. Milton iirsb went into a.roqm behind. the bar, which Mr. Hayles told him he roust leave, as it wasa private ronn. He then went into two other room?, and wanted to sit down' to dinner,, but 'Mr /Hayles itfused to allovi* himi saying' that he wculd serve him iv the commercial rooiQi .On Mr. Melton refusing to leave the room, a policeman was sent for, who took him out.He now sued for £20 as the dainagesfor the assault. In giving judgment — nonsuiting the plaintiff — his Worship stated, „■ that although a traveller was entitled; to reasonable- accommodation at an inn, and • the ( landlord "had:: no option to receive or reject guests] still the guest was not. entitled to select a particular apartment. ,:,•,;■ *, A't'the last fdrttlightiy 1 meeting of the City Board an application was made by letter from the Secretary of Auckland '"Vdhrateer 1 Fire Brigade with reference to the' damaged" state of the'Hbse, and revesting the BoaVd-to contribute to "the exjfens6 of stvpplyirig' prop6rhdse, also to subscribe £ sum for employing a person to ldok after thel'hose. The application' was referred to the Streets' Committee. who me^oh Wednesday. A rather animated discussion took place 'respjectingj the matter ; ! and much warmth of feeling was displayed by" some- members in favour 1 of the application and those who opposed it 1 The committee refused 1 to recommend the 1 application to the Board. ' ' * About sixty -five, licenses have ,been taken out by carters for the year commencing Ist July,' 1866. Those carters who have^no£ pad the £1 license money are liable to .a. penalty for plying without having done So after the Ist instant. „ , The '•Wanganui C7iro?iide says :— " The Wesleyan tea meeting which t was advei,ti&d to take" place on' the'eVeniYig'df'rTbes'day, 1 the Ist instant, was'postponed to a" future date, owing*, we 'regret 'to say, to the . ill health of tire' Rev.'Mr. Fitchett, and to the prevalence 'of 'colds %hA influenza" among many families in the 'town." ' ' '• l ' A Coroner's inquisition will take- place to-,day,a"t one o'clock,, , at Mr. . Spry's Hotel,, Karangahape Road, relative to the recent destructive fire in, Hopetoun,-street, ,^ew^on, ; at- the instance of the \ Royal Insurance Company. This , inquiry would hayje been held sPooner"; t but Mr. Buchanan, agent of the company! was .waiting until Mr. Thomas Fink, the,, owner, ojE the,. J hpus£s )rl dWtrpye'd, should' xe£urn from Wangarei, not^ being, 1 dea.irous 'to have, the myestigation^^jW^s.ft^^W" > i ' John Murphy,'^ ihe'inari who -has been in custody for two days on : the charge of' committing rape, was brought ( u p at^the-Police Coutt 1 y«Btei»day and dig'charged/ no information having been laid against hiuo. Samuel Johnson, ' wBo had been given into< euitoily oh the previous evening' on the charge >of ■ stealing a table,^*as abo dis&harge-iiatihe'reqiiestof' the Commissioner of Pb : ioe, who stuted that he wai •atisliedthat there 1 wa« iio' case again -t him. > -"-'>{ 1 The second half-yearly general, meeting of ,the ( members of Auckland Ijand Society, Nd. li 7, wilrbe held this] evening^ at lialf -past seven, o'clock,' at the" Secfetary's om<^esj' Queen-street,' -when" the halfyearly statement of accounts will be submitted, and • officers elected lo^tli'e 1 ensuing Vekr. "\ "'" l

I The annual meeting of the parishioueis of St. ! Matthew's | arioh was lielil latt evening in the sclioolliouse adjoining »Sb. Matthew's Church. la the absence of the Hcv. N. Bree, the chair waa taken by the Rev. Robert Kidd. Mr. Cadman, one of the ' retiring churchwardens, submitted a statement of I accounts for the past ye.tr, which was adopted. A letter was read from the incumbent nominating Air. James Milling churchwarden for the ensuing year, and Mr. Jerome Oadman. wa« unanimouHly re-elected parishioners' chinch warden; after which ten vestrymen were elected. After the usual votes of thanks the ineuting separated. An extended report of the proceediuga will be found elsewhere. A curious atmospheric effect was produced in Lyttelton a few mornings ago. Owing to a mirage, the western range of hills was apparently brought into close proximity, aud the clefts and ravines could be plainly discerned. The snow, upon which the rays of the sun were reflected, gave the whole scene & strange and m"St picturesque appearance. Albert Klaprodi, "the Count," was yesterday taken from on board the 'Lord Ashley by the police «s a stowaway, and brought to the guard- room, where a summons had beeu' issued against him for debt. Klaprodi confessed judgment for £4 ss. It will be remembered that Klaprooi i* under his own "recognizance to ajpear as prosecutor *t the next criminal sessions of the Supreme Court. Messrs. C. Arthur and Son will offer for sale by public auction, to-day, at 11 o'clock, at their mart, the library of a minister, comprising about 600 vols. iv theology and general literature, and 150 vols. travels, novels, &c. Messrs. Ridings and Perston announce that they have received instructions from the .Registrar of the Supreme Court to sell by auction, to-day, at 12 o'clock, seventeen acres land at Wangarei, and lease and allotment at Hobson's Park, Parnell. Messrs. Jones and Co. will offer for, sale by public auction, to-day, at 11 o'clock, to close sundry consignments, galvanized iron, ironmongery goods, leather, hops, boots, corks, China ware, &c. Messrs. McCaul and Bigg will sell by public auction, to-day, at 11 o'clock,, the law library of a solicitor, and a handsome and commodious bookcase with, chiffoniere ; also at 12 o'clock, on the Custom-house-street Wharf, 6,445 feet of boards and scantling. '