Extracts.

New Zealander, Volume I, Issue 3, 21 June 1845, Page 1

Extracts.

South Australian W,iiiAT t ,iN jtdon.*-^^ The a$W& yiws/raZkft^iblilk%aceOun£-salei :^ of Adelaide wheat, shipped ~Francii~ Spaight and East London.., -Prices" -ranged, •from 5/£s. to 58s. per quarter. „ 'The high~es|^ -price appears* to have been Jgot in London, biif*. the greatest net returns an Jiiverppol.^ J^hfer t net, proceeds of one jparcel in London, which was sold at 58s. -per .quarter, are 3s. -5H jjei* bushel, bags returned ,very little the worse ; the net proceed of & parcel sold in Liverpool, amounted to 4s. 6d. per bushel, allowing for loss on bags sold in Liverpool. The price at which it sold was 565. per quarter, the freight Is. 3d. per '(bushel, and the duty 4s. per quarter. Letters have been received guaranteeing a profit on wheat shipped at 245. per quarter, and paities there have been authorised to draw for 25 per quarter on any shipment. At the same time the average price of wheat in England was litt^eMnore . than 455., and the highest price 's'sst^sj)^,that South Australian wheat tops the J Britislx market.

Sale of Cattle and Sheep. — At Port Phillip several lots of cattle and sheep have ,been disposed of, and realized the following prices,: Fat cattle, from 50s. to 565. 6ctf each, or 'at the rate of 10s. pei 100 lbs. Some weighing 9501b5. sold at from 70s. to 84s. each. One' lot of wethers, 600 head, weighing about 56ibs, each, at from 7s. 6d. to 75.9 d. per head. Another lot of 300 head, for shipment to Van Dieman's Land, sold by Messrs. Mickle and Liburne, realised 7s« 3d. each, weighing 52lbs. Labour — a Consoler. — There is a perennial "nobleness, and even sacredness, in work. Weie r ho ever so benighted, forgetful of his high calling, there is always hope in a man that actually and earnestly works ; in idleness alone there is perpetual despair* „.#

Imprisonment tor Debt. — By the ancient common law of England, no person could be imprisoned for debt. This constitutional principle was first violated by the great feudal barons, who passed a law to protect themselves against the malversation of their own stewards*, which law gave 'tljpsm the power of incarcera- ; ting such agents,' land to this extent only it I originally operated. Subsequently, rich merchants obtained a similar privelege against their '^debtors ; and from these, beginnings, the law of imprisonment for debtbecame general, being deemed essential to the stability of credit, and the best guarantee against the risks of mercantile speculation.— -Sentinel. Of persons who borrowed books, but did not return them, Lord Eldon said, " though backward\ in accounting they seemed to be prac tiscd in book-keeping."