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THE ARMY. A set of regulations was issued by the Secretary-at-War, last week, intended to elevate the tone of feeling among an important class in the Army, that of non-commissioned officers and privates who may merit distinction for good conduct. The warrant is dated from Windsor, on the 19th December, and is comprised in forty-four articles. By the first it is provided, that whenever her Majesty shall sanction the grant of a commission without purchase to a non-commissioned officer, selected and recommended for this distinction by the Commander-in-chief, there shall be granted to such officer, in aid of an outfit as a commissioned officer, a sum of £ 150 if appointed to a cavalry regiment, and of £ 100 if appointed to an infantry regiment. -11. Subsequent articles provide that a sum not exceeding £t,OOO per annum be distributed in annuities, of not above jE20 each, to sergeants who may be distinguished for meritorious conduct, on the recommendation of the Commander-in-chief; and that, with the view of reward- ing meritorious soldiers when discharged, and encouraging good conduct in others, gratuity in addition to ordinary pension may be granted upon discharge to men who shall have completed twenty-one years of actual service in the infantry, or twenty-four in the cavalry. Gratuity to ser- geants who shall have served ten years as such, £ 15; corporal, seven years as such, £ 10; privates, E5. The commanding officer of every regiment to recommend such individuals while serving as he shall consider best enti- tled to the gratuity provided the amount recommended in any one year does not exceed E30 for regiments of establishment of 700 rank and file and upwards, and jE20 for regiments of lower establishment than 700 rank and file. Under the denomination of good conduct pay" a progressive increase of one penny per day, up to sixpence, and certain honourable distinctions, :ire also appointed to be given, nnder specified regulations, to soldiers who shall have completed ten, fifteen, twenty, twenty-five, 01 thirty years of actual service. The remaining articles are occupied in detailing the regulations under which these gratuities, good conduct pay, &c., shaH be forfeited or restored or the period of service necessary to confer a title to them in certain de- grees abridged and the warrant concludes by declaring, that soldiers who were present at the battle of Water- too shall be allowed to reckon two years in addition to actual service; and thos-eenfisted before December J829 shall be allowed to reckon three years for two of actual service, after the age of 18, in East and West Indies (in other than West India regiments.)" The following are the terms referred to in article 23, 34, and 43 of the Army Warrant, by which soldiers are now able to obtain free discharges: — I Cavalry. Infantry. Under 5 years' actual service £ ;i0 £ '10 After 5 years' actual service, with one dis- tinguishing mirk 25 18 After 7 years' actual service, with one dis- tinguishing mark 15 10 After 10 actual service, with two distinguishing marks; or f 10 5 After 12 years' actual service, with on distinguishing mark 7 After 12 vears' actual service, with two distinguishing marks; or f 5 Free, After 1-1 years' service, with one dlstm, ( guishing mark J After 14 years' service, with two di-itin- Free, with the guishing marks or fright of registry After 10 years' service, with one distin- for deferred pen- guishing mark sion of 4d. a day. After 15 years' actual service, with three Free, with the distinguishing marks; or (right of regis- After 16 years' actual service, with tw.) try for deferred distinguishing marks, having possessed i pension of 6d. a the second at least li months day. PERSONS LIABLE TO BE DRAWN FOR THE MILITIA. —As it is now certain that a ballot, after the usual man- ner, will ere long be taken for persons to serve in the Militia, we will briefly state the leading circumstances which render persons liable and non-liable to be drawn. l. No person under the age of 18, or over the age of 45, is liable whether he has property or not. 2. Any party who has once been drawn cannot be drawn a second time. 3. Any person having two' children is exempt, provided he is not worth £ 100. 4. Any individual hav- ing £ 100, however large his family may be, is liable to be drawn. If disqualified by lameness, or otherwise, he m'lst find a substitute. 4. Personal disqualifications on the part of individuals not worth £100, will render them non-liable, if certified to by a suigeon. A number of persons in various towns are taking the wise precaution of enrolling themselves in clubs for the purpose of mutual assistance in the providing of substitutes. The total number of Militia Regiments in the United Kingdom is 127 of which 61 belong to England, l-l to Wales, 14 to Scotl.ind, and 3H to Ireland. In Middlesex there are six regiments; in the county of York five in Devonshire, Lancashire, and Hants, three each and in Gloucester, Cornwall, Lincoln, Somerset, Suffolk, Essex, Kent, Norfolk, and Surrey, two each. In Ireland, there are for the city of Cork one, and two for the northern and southern divisions of the county two for the county of Down one for the city and two for the county of Dublin one for the city and one for the county of Lim- erick and two for the county of Mayo. All the fourteen Welsh regiments bear the prefix of Royal, as do fifteen English, three Scotch, and four Irish. THE NEW BARRACKS AT PRESTON.—We are given to understand that the first troops that take possession of the very commodious new barracks near this town, one portion of which is now very nearly completed, will be the Lancashire militia, which are to be ballotted for in the spring of this yetr.-Preston Pilot. REGIMENTAL LIBRARIES.—The War-office has issued a circular, granting "an allowance of 20s. a year for the use of each library, and for the purpose of enabling the librarian to cover such books as may require it, and to execute small repairs, such as pasting loose sheets into books, &c., by which means it is hoped that the further preservation of the books may be seeured." THE TOWER.-Greal activity is daily manifested in the proving and fittiug up of muskets for the use of the militia they are to be on the percussion principle, and several extra armourers and labourers are employed. SERVING NOTICE FOR THE MiUTiA.—On Friday morning the parochial authorities of St. Marylebone, St. Paucras, and St. George's Hanover-square, commenced serving notices to be filled up at the inhabitants' houses for the intended ballotting for the militia. .140- THE IRON TRADE. THE IRON MASTERS' MEETINGS.—On Wednesday week, pursuant to notice, the ironmasters met at Wol- verhampton, but many of the merchants and factors who consider themselves entitled to an extension of time, did not attend, and there was comparatively little business done. Oil Saturday the masters assembled at the Town- hall, Birmingham, and although the principal houses in the trade were represented, the attendance was not so numerous as on former occasions. The meeting was nevertheless numerous and important, and indicated a buoyancy and firmness which could hardly have been expected after the varied and rather cheerless events of the last quarter. Everything betokened renewed confi- dence. There was an abundance of orders in the market, every house being in possession of more than their works can conveniently execute. In this state of demand, it is needless to say, there was no reduction, but a full confir- mation of the last quarter's prices-namely, £ 10 a ton for bar iron, and all other iron of that description in proportion. There was an advance of 10s. per ton upon Shropshire pig iron, and it now stands at £5 10s. There was no advance upon Staffordshire pig iron, and the price may be quoted at from jE.) to £5 5s. per tou. Although the advance was confined to Shropshire pig iron, there was evidently a tendency to advance 011 other articles, inasmuch as some respectable houses would not take a single order for sheets or plates at the present prices. This healthy state of the trade ii attributable to the impetus it has received from railway consumption, and the still greater demand expected from the same source. GLASGOW PIG IRON TRADE.—Firmness among holders has been very general within these few days past, and we do not hear of any iron offering under 80s., although we are not aware of any transactions at these figures Glas- gow Argus. PRODUCE OF IRON IN GREAT BRITAIN.—Of the quan- tity of iron, South Wales produces 279j thousand tons, Staffordshite 219-L, Shropshire 8q. Scotland 37|, York- shire 33, Derbyshire 22j, and North Wales si5. The quantity has increased 100,0J0 tons per annum.-Salt's Statistics. IRON.—To show how cheaply the metal is obtained, and how the mechanical skill and labour expended upon it totally overshadow the original price of the metal, we take a quantity of cast iron, worth £ 1 sterling, and attach its money value when converted into finished articles: Bar iron worth Lt sterling, is worth when worked into Horseshoes £ 2 10 0 | Pcn-knifc blades £ 657 0 0 Knives (table) 36 0 0 J Polished buttons and Needles 71 0 0 buckles 89700 j Balance springs of | watches 50000 0 0 Cast iron worth ft sterling, is worth when converted into- Ordinary machinery £ 4 0 0 Neck chains,See. £ 1386 0 0 Larger ornamental Shirt buttons 5896 0 0 work 45 0 0 ( Britith Quarterly Review. Buckles aed Berlin work fiO') 00

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