The Cambrian News and Merionethshire Standard

THE INTERCHANGEABLENESS OF WEALTH. SIR, Y op. deny that "the power of producing wealth in any form is the power of producing subsistence" on the ground, apparently, that the wealth produced may not be exchangeable for subsistence; but just so far as it is not "exchangeable for subsistence" it is not wealth at all. Your illustration of the Great Eastern steamship is a case of miscalculation. Those who incurred the risk of building it expected that it would exchange at a i-ate more than equivalent to the whole labour expended on it You say the work was "of no value until created." But this is a mistake. Putting miscalculation aside, every stroke of work added to its value. The wages paid each week were paid in exchange for the value created during the week. Mr. George ought to have noticed that the amount of the wages was agreed upon before the week began, or, in other words, was esti- mated by the expected (and not the actual) produce of the labour. In this particular case the actual value fell below that which was expected. But on an average the miscalculations balance one another, and it there- fore remains true that the total wages obtained by the working classes is measured by the productiveness of -their labour, and not by the amount of capital. Rent, however is a first charge on the produce, and has to be deducted. Whether it is equitable that a portion of the value created by capital and labour should go to those who have done nothing towards creating it is, of course, the question Mr. George discnsses. The writer of your article has rightly felt that there is a limit to the doctrine that an increased population can create more that a proportional amount of wealth. But the practical question is, whether that limit has been reached, or nearly reached. Now, the wealth of England has trebled, while the population has doubled It follows that as & matter of fact the new "hands have on an average produced more. If the new mouths have not more to eat. the cause must be sought for in the manner in which wealth is distributed. Seeing that the happy owners of land in or near large towns are in many cases getting five or six times as much rent for the same land, we have not far to look for one at least of the causes of unjust distribution. Whether this is the sole cause is another question. Rut all who agree that there is an unearned increment" taken from what capital and labour produce should unite to reclaim the rights of the workers and savers -by increasing the land-tax for the benefit of the com- munity.-I am, sir, &c., J. E. S. BARMOUTH IMPROVEMENTS. 'SIR,-Attracted bv the various letters which have e appeared upon the above subject, and particularly by your able leader in last week's issue upon the forth- coming elections, I shall feel much obliged if you will kindly allow me space for a few remarks, which, although they may not appear so strikingly original as some of the Utopian suggestions with which we have lately been favoured, are at least sufficiently practical to deserve some attention at the hands of your readers. That the ratepayers are dissatisfied with their present representatives is perfectly clear, and the remedy is now to a certain extent in the hands of the electors. In the past the attitude of the public during these elections has been that of perfect indifference, and it is -.3 matter for general congratulation that the ratepayers are at last awaking to a sense of duty. In view of the forthcoming contest the great question of the hour is the question of possible candidates, and it behoves those who are really qualified to render valuable service to the town to stand forward at this Cnfud<nnc from the numerous theories which have at various times been urged for the improvement of Bar- mouth, there appears to be no lack of talent. The time has now arrived for your able correspondents and embryo legislators" Fitzdoodle," "Viking, De Tomkin," "Vivian Grey," and a "Ratepayer, to throw aside their noms-de-plume, and to appear in their true colours as champions of the oppressed of Barmouth. The remarkably critical propensities of the latter would ensure his success, and he would do well to proceed at once to solicit the suffrages of the Great Unwashed.—I am, Sir, yours truly, IXION.

THE GRAMMAR. SCHOOL V. THE TOWN, BALA. On Saturday a match, the second of the season, was played between these clubs, which resulted in a vic- tory for the Grammar School by one goal to nil. The following comprised the school team Goal, J. Hughes? full backs, T. B. Williams. W. Jones half backs, T. C. Jones, F. D. Thomas, J. O. Williams; forwards, E. A. Mills Roberts (captain) E. T. Owen, Mr Boul Prince.

TIDE TABLE FOR ABERYSTWYTH, PORT- MADOC, ABERDOVEY, AND BARMOUTH. New Quay, Days. Aberystwyth, Aberdovey. Barmouth. & Portmadoc. a.m. p.m. a.m. p.m. a.m. p.m. a.m. I p.m. a.m. p.m. a.m. p.m. Sat 3 1 15 1 28 1 44 1 57 1 25 1 38 ,Sun 4 2 6 2 50 2 35 3 19 2 16 3 0 Mon. 5 3 37 4 20 4 6 4 49 3 47 4 30 Tues. 6 4 56 5 28 5 2o 5 57 5 6 5 38 Wed. 71 5 58 6 24 6 27 6 53 6 8 6 34 Thus. 81 6 51 7 15 7 20 7 44 7 1 7 25 prj 9i 7 37 8 0 8 6 8 '29 7 47 8 10

imperial fteliament. f' HOUSE OF LORDS, THURSDAY. Lord Derby statec, in reply to Lord Brabourne, that he had looked carefully through the papers relating to Transvaal affairs, and could not find any mention of dynamite having been used in military operations against the natives but if it were right that military operations should be carried on he did not see that there was less humanity in the employment of dyna- mite than of gunpowder. Neither had be found any evidence of systematic persecution directed against the tribes or chiefs who had been friendly to the British Government. HOUSE OF COMMONS, THURSDAY. Mr Chamberlain informed Lord E. Cecil that, in accordance with the promise he made last session, the Government would shortly propose the appointment of a joint committee of the two Houses to inquire into and report whether it was expedient that Parliamentary sanction should be given to a submarine communica- tion between England and France and, if so, on what conditions. He thought it desirable, therefore, that the two Channel Tunnel Bills now before the House should be postponed until after the appointment of that Committee. The adjourned debate to Mr Gorst's amendment to the address in reply to the Queen's speech was resumed by Mr J. Lowther, who, speaking in support of the amendment, contended that the Ministerial policy of mingled concession and coercion 'in Ireland had been an utter failure, and maintained the assertion by citing a speech of the President of the Board of Trade on the 1st February. Mr Forster, commenting on the amendment, declared that it could oniy be intended to weaken the Govern- ment, and with regard to the difference between him- self and his late colleagues in the Ministry explained that it was confined to the single point on which he had resigned the Chief Secretaryship. In all other respects, he had throughout received a loyal support from them. Having commended the firmness and ability with which Lord Spencer and Mr Trevelyan had administered Irish affairs, Mr Forster proceeded to say that he had expected Mr Parnell would have risen and spoken in the course of this debate, especially after the recent disclosures in the Kilmainham Police- court, and the suspicions that the Land League organisations were associated with the transactions there revealed. In his opinion no mere disclaimer of a connection with outrage would be sufficient. The House had already heard such disclaimers; but he did not wish it to be supposed that he charged Mr Parnell with having planned those murders. There should be no mistake, however-and with this he did charge the hon. member—that he allowed himself to continue the leader and chief of an organisation which not merely advised the ruin of those who opposed them. but set on foot an agitation which organised or promoted outrage and incited to murder, and that the hon. member ought to have known that that would be the natural outcome. It was hard to understand how the IIOD. member did not know it, and did not separate himself from it altogether and denounce it. If he was ignorant how the funds of the League were raised and expended, then his ignorance must be a reckless ignorance. Mr Forster proceeded to say that he gave Mr Parnell the alternative that he either connived at outrage, or that when warned by facts he determined to remain in ignorance. At this stage of Mr Forster's speech he was assailed by repeated cries of "You lie," from Mr O'Kelly, member for Roscommon. Shouts of Name incon- tinently burst forth from all parts of the house, in obedience to which the Speaker rose, and ruled Mr 0'- Kelly as a second time disregarding the ruling of the chair. Lord Hartington thereugon moved that the member for Roscommon be suspended from the service of the house. The question was at once put, and the Irish party forcing a division, the resolution was affirmed by 305 to 20. The Speaker then called upon Mr O'Kelly to withdraw, but the hon. member had already disappeared. Mr Forster, in bringing his speech to a close, repeated the language he was using when interrupted by Mr O'Kelly, and added as part of the second alternative that Mr Parnell took no trouble to test whether the outrages had been committed or not. but was willing to gain the advantage of them. With regard to the present state of Ireland there were two grounds for encouragement. One was that the Irish Government had power to uphold the law and would use it; the other that Mr Parnell and his fellow-chiefs in this so- called agitation had been found out, and the cruelty and wickedness of the agitation unmasked and exposed. On Mr Forster sitting down there were loud cries of "Parnell," but the member for Cork persistently re- tained his seat, and soon after, accompanied by a few of his supporters, left the House. Mr Given condemned the amendment as intended to waste the time of the House, cast discredit^on the Government, and weaken the hands of Lord Spencer and the Chief Secretary. Mr T. O'Connor deprecated making the question an occasion for party recriminations. It was now twenty minutes to midnight, and no one on either side of the House showing an inclination to rise, the question was put from the chair, whereupon Lord Hartingtcn interposed, and observed that he had not risen to speak, as he understood that it was the intention of Mr Parnell to move the adjournment of the debate, and if the hon. member desired to reply to the grave charges made against him it was only due to him that he should have time to prepare his answer. But it now appeared that he did not intend to avail himself of the opportunity to make any reply to the charges against him. Mr Parnell intimated that it was still his intention to move the adjournment. Lord Hartington went on to say that he should have thought the observations addressed to the hon. member and his friends by Mr Gibson on a previous night, and by Mr Forster that evening, would have called forth some explanatory reply. Still, if they preferred to take another course, it was competent for them to do so. No man was bound to criminate himself, and if they preferred to remain silent respecting the im- ► putations cast upon the Land League and its leaders they could take that course but, on the other hand, they must not be surprised if the House and the public drew their own conclusions. Their silence was at least an admission that there was a primd-facie case against them. On Lord Hartington resuming his seat, the debate was, on the motion of Mr Parnell. again adjourned. HOUSE OF LORDS, FRIDAY. Lord Waveney moved a resolution calling upon the Government to bring in a measure for making certain alterations in the Irish Land Act, and in particular settling the gale-day question and admitting lease- holders to the benefits of the Act. The motion was supported by Lord Leitrim, but opposed by Lord Carlingford as irregular, and on the further ground that the proposals would form a colossal Act of Parlia- ment, the consideration of which would occupy the greater part of a session. He admitted, however, that the opinions of the farmers of Ulster on the subject were worthy of respect in their Lordship's House.— Lord Salisbury remarked that if the proposals were thought to be serious the House would have pre- sented a very different appearance.—The motion was ultimately withdrawn. HOUSE OF COMMONS, FRIDAY. The greater part of the sitting was occupied with the adjourned debate on the amendment to the motion for an address in reply to the speech from the Throne, a large number of members being present to hear Mr Parnell's reply to the speech of Mr Forster on the previous evening. Later in the evening Sir S. North- cote expressed his approval of the amendment, and asked for an assurance that the Ministry had turned over a new leaf. Mr Chamberlain said the Govern- ment had not done so they had never swerved from the policy they had adopted. At a quarter to one o'clock the question was put and the division taken, which resulted in the amendment being defeated by 259 to 176. HOUSE OF LORDS, MONDAY. Lord Granville stated, in reply to Lord Stanley of Alderley, that, as a Joint Committee of both Houses was to be appointed to consider the Channel Tunnel scheme, it was undesirable that the two Bills now before Parliament should be proceeded with, or any communication made to the French Government on the subject. Lord Salisbury admitted that a Joint Committee of the two Houses would be as suitable an instrument for dealing with the matter as any other but the ques- tion was whether the projected junction of the two countries beneath the Channel did not belong to that class of political questions which the Government had always been held competent to decide on their own responsibility. There were, however, no doubt, present to the mind of the noble Earl and of the Cabinet considerations which were dependent on the knowledge of the Foreign Office regarding the inten- tions and policy of other States, but as to which it was impossible to adduce evidence, and which, there- fore, could never be placed before any committee. At any rate, it was a constitutional question of no little magnitude, and he could not allow this occasion to pass without saying what he had. Lord Redesdale expressed a hope that when the Joint Committee was proposed, the members of their Lordships' House would be named by the Govern- ment. Replying to Lord Mount Edgcumbe, Lord Sudeley stated that it was true that the keepers of the Eddystone Lighthouse had been confined to the rock for eight weeks owing to stress of weather, and the fact that the steamer which conveyed the usual reliefs was otherwise engaged on the only three occasions when her services might have been available. The reserve of two months' provisions was nearly exhausted, and the Trinity House authorities had decided that in future the reserve should be for a longer period. The men had, however, sufficient biscuit and flour, as well as plenty of water, and were in good health when re- lieved. The subject of establishing telegraphic com- munication between the Eddystone and the shore was to receive further consideration. HOUSE OF COMMONS, MONDAY. Notice was given by Dr Cameron that, on Sir S. Northcote proposing his motion for the appointment of a Select Committee to inquire into the circumstances attending the release from Kilmainham Prison of Mr Parnell and two other members of the House, he should move the "previous question." Notice was also given by Mr Labouchere a propos of the same motion, that he should submit as an amendment, that such au inquiry would involve a waste of time and money and an imputation upon the Prime Minister. Lord E. Fitzmaurice stated, in answer to Mr O'Don- nell, who called attention to correspondence in the Standard of the 23rd February, relating to the breaches of the convention under which the planters in the French island of Reunion were permitted to obtain coolie labour from India, that her Majesty's Government were doing all in their power, by repre- sentations to the French Government and through our Consul, to ameliorate the condition of the labourers. Sir S. Northcote, having asked whether it was in the power of the Government to give him facilities for bringing forward his motion for a Select Committee on the Kilmainham transaction, Lord Hartington replied that as that transaction had already been under dis- cussion for nearly a week, and as the amendment of Mr Gorst had been adopted and supported by the Opposition, the Government were not prepared to con- sent to the appointment of a Select Committee, which in their opinion, would have the effect of reviving and keeping open the controversy for an indefinite period, and be extremely embarrassing to the Government of Ireland, and prejudicial to the public interest. They had understood the motion of the member for Chatham to be somewhat distinctly aimed at the conduct of the Government; and it was so treated by the hon. and learned member, by the senior member for Dublin University, and other speakers, and to a certain extent by the Leader of the Opposition himself. It was like- wise so accepted by the Government and understood by the House, which pronounced its judgment upon it. Looking, then, at the protracted length of the debate on the address, and considering the urgent necessity of making progress with Supply, Ministers could not offer any portion of the time over which they had control for the renewal of controversy on a subject already sufficiently debated, and on which the opinion of the House had been taken. Sir S. Northcote reminded the noble Marquess that the original suggestion that the proper way of dealing with the question was by a Select Committee came from the Premier but, under the circumstances of the time when the suggestion was made, it was impossible 11 to bring forward the motion without the assistance of the Government, and that assistance was declined. Subsequently the noble Marquess renewed the challenge, and he (Sir Stafford) accepted it, and he owned lie was surprised to find that those challenges were thrown down with the understanding that they were not to be taken up. In these circumstances he must take a short time to consider what course to pursue. The adjourned debate on the Address in reply to her Majesty's Speech was resumed bv Mr Parnell, who moved an addendum, to the effect that the Crimes Act had been administered in Ireland in a tyrranical and unjust manner, that Constitutional agitation was despotically impeded and persecuted, that justice was administered in a most partial and prejudiced spirit, that a system of jury packing had led to many iniquitous sentences and the execution of inno- cent persons, while it was practically im- possible to obtain justice or protection for the masses of the people from the present administra- tion of the law, and that unless the Irish Executive abandoned unconstitutional and tyrranical courses and depended upon the Constitutional adminis- tration of the ordinary law, the result might be pre- judicial in an extreme degree to the cause of peace and order. In submitting this proposal the hon. member observed that the Government had lost a great oppor- tunity immediately after the Phoenix Park assassina- tions of restoring peace and order by the only means through which it would ever be possible to do so- namely, by enlisting the sympathy and aid of the people in their work. They had preferred, however, to rely upon their Crimes Act; but how, he asked, would they get on when that had expired ? Did they think they would be able to command the sympathy and aid of the people; or would they propose a still more drastic measure ? By missing the opportunity to which he referred the Government were guilty of stupid blundering that amounted almost to a crime for never was there greater hostility to the English rule in Ireland, a greater disinclination to aid law and order, than now, and although there might be a reduc- tion in the number of agrarian offences, that was due to the fact that they were keeping the people down by brutal and terrible coercion. There was no such thing in Ireland as trial by jury. Trials there were, but they were conducted by packed juries and partisan judges. Everything was at the mercy of Lord Spencer, who was just as much an Autocrat as the Czar of Russia. He urged the House, while it was yet time, and while they were able to say that the country was orderly, even though the methods by which order was maintained were infamous, to show that they still desired to do justice to Ireland by redressing her grievances. The Attorney General for Ireland denounced the statement of the amendment reflecting on the admini- stration of justice as an atrocious charge, entirely unsupported by any evidence against those who, in times of great difficulty, and in some instances at personal risk, had had to govern the country. All the evidence the hon. member had produced simply showed that the accusations contained in the amendment amounted to nothing more than a grumble against the policy of the Crimes Act. With regard to Jury- packing, the only ground on which the Crown had exercised its right of challenge had been to prevent those who might be influenced by fear, favour, or affection from being put upon juries. The right hon. and learned gentleman also vindicated the character of the Judges from the aspersion cast upon their integrity, and in noticing Mr Parnell's inquiry, how Ireland was to be reconciled, said if he could suppose the question put seriously he should reply it was by the hon. mem- ber ceasing to abuse every person connected with authority and law, by ceasing from agitation and from encouracing, or at least not discouraging, a state of turmoil which must necessarily lead to crime, and by letting the good effects of the Land Act and other remedial measures have time to operate. In the course of the subsequent debate, Mr Plunket indignantly condemned the policy which had induced Mr Parnell to put his amendment on paper in the terms in which*it was couched, and the total failure of the hon. member to support it by argu- ments or facts. Nothing could be more calculated to rouse the Irish people to fresh struggles and fresh out- rages and if these should occur, the responsibility would rest upon the member for Cork. Mr Chaplin said that Mr Parnell had come there with brazen front and demeanour unabashed, in the character of an accuser, but it did not lie with the hon. member, who was himself the subject of the gravest accusations, to bring charges against other people. On a division, the House rejected Mr Parnell's amendment by 133 to 15. Mr M'Carthy moved the adjournment of the debate on the Address, to enable him to move the amendment of which he had given notice on Irish distress and the operation of the Arrears Act. Lord Hartington opposed it, and suggested that the hon. member should propose his amendment on the report, to which Mr M'Carthy declined to accede, but upon taking a division, his motion for the adjournment was negatived by 89 to 20. Ultimately the debate was adjourned until Tuesday. HOUSE OF LORDS, TUESDAY. Lord Mount-Temple gave notice of his intention to move the rejection of the Braithwaite and Buttermere Railway Bill and Lord Lansdowne postponed until Monday his notice of motion relating to certain clauses of the Irish Land Act. The remainder of the sitting was devoted to a discussion on Lord Galloway's Bill to amend the procedure at elections of Representative was devoted to a discussion on Lord Galloway's Bill to amend the procedure at elections of Representative Peers for Scotland, which was eventually read a first time. HOUSE OF COMMONS, TUESDAY. Some hours were occupied with the discussion of Sir J. Mowbray's motion to amend the Standing Order, No. 98, by providing that the Committee of Selection should consist of seven instead of five members. Lord Hartington, having moved that the other business on the paper should be postponed until after the order for resuming the debate on the address; Mr Yorke commented on the refusal of the noble Marquess to give facilities to Sir S. Northcote for moving for a Select Committee to inquire into the circumstances connected with the release of Messrs Parnell, Dillon. and O'Kelly from Kilmainham, not- withstanding that the noble Marquess had challenged the Opposition to censure the Government on the subject/ The hon. member observed that he did not think the action of the noble Marquess would be endorsed by the Premier when he returned. Mean- while, he appealed to the Government, in the interest of decency and fair play, to show that they had not yet emancipated themselves from all the honourable traditions of Parliamentary life. Lord Hartington thought it a pity that the honourable gentleman should have taken up the time of the House if he believed that the decision of I the Government would not be confirmed by the Prime Minister, especially as the leader of the Opposition had ] given notice that on Monday he would put a question i to his right hon. friend so that if a mistake had been committed it would soon be rectified. But as to the allegation of the hon. member that he (Lord Harting- ton) had challenged the Opposition to enter into further discussion of the transaction it was an entire misapprehension, and nothing could have been further from his intention, because the House had been dis- cussing from Tuesday last the allegations made against the Government since May, and the House had pro- nounced its decision upon the subject. After some conversation the motion of Lord Harting- ton was agreed- to, and the adjourned debate on the Address was resumed by Mr A. O'Connor, who moved the additional para- graph which had been standing in the name of Mr M'Carthy, but which the latter was precluded from submitting upon a point of order. It set out the state of distress existing in many parts of Ireland, the inade- quate machinery of the Land Act and its partial and imperfect character, the unsatisfactory operation of the Arrears Act, the state of the Parliamentary and Municipal Franchise in Ireland, and the condition of local government in that country, as questions which demanded the urgent attention of the legislature and the Government. Mr Trevelyan, after observing that a handful of meal was better than a bushel of chaff, enumerated in proof that the Government were not indifferent to the legis- lative wants of Ireland, the measures for which they had already drafted and contemplated bringing in. These included bills to extend the rating of electoral divisions to unions, for the care of lunatics, for electing boards of guardians by ballot, a Sunday Closing Bill, a Sea and Coast Fisheries Bill, a Bill for the better registration of Parliamentary voters, and a Bill for giving Ireland the same advantage as "Was now enjoyed by England and Scotland in respect of assistance for the training of elementary teachers As to the distress which existed in Ireland,-it was chiefly to be found in over-crowded districts, and it was the opinion of the Government that it would be a laef cruel kindness to go on pouring out public money upon a system of relief which was for the advantage neither of the Exchequer nor of Ireland. They thought they would do better by reverting to the machinery of the Poor Law as applied between the years 1849 and 1879, by encouraging self-reliance at home, and by giving assistance without exercising compulsion to those who wished to get a home elsewhere. That might seem to be a cruel policy, but it was the only wise one. On the motion of Mr Molloy, the debate was again adjourned.

RAILWAY REPORTS. CAMBr.IA-N.-Tlie report of the directors, sub- mitted to the thirty-eighth half-yearly general meeting held at Oswestry, on the 28th February, gives the total receipts for the past half-year at £101,706, a net decrease of E2,841 as compared with the coi res- ponding period of 1881; the expenditure being £ 59,647, a net decrease of E14. The report adds—The receipts from passengers, parcels, and live stock traffic show an increase, but the merchandise and especially the mineral receipts have fallen off to a large extent, the decrease being due mainly to depression in the slate trade, and to growing competition by the great com- panies in the Festiniog district. The expenditure includes an increased outlay upon the rolling stock, principally in the waggon department, upwards of sixty old waggons having during the half-year been replaced by new waggons of a superior type. The charge for compensation is exceptionally high on account of claims paid for injuries to cattle in an accident which happened to a goods train at Abermule, in July. The working expenses for the half-year are at the rate of 58'65 per cent. The net revenue amounts to 942,059, being a decrease of £2,827 as compared with the corresponding period last year. The balance due to the holders of coast debenture stock No. 2 for the year ending 31st December last, after deducting the payment made to the holders of debenture stock No. 3, is, as shown in account No. 10, equal to a dividend of 92 Is lid per cent., which will be paid on the 1st March. Payment will at the same time be made of the arrears of 91 2s id in respect of the previous year, as shown in the accounts for the half- year ending 31st December, 1881, making a total distribution to the holders of this stock of £ 3 4s per cent., which now completes all payment due to them to 31st December, 1882. In accordance with the pro- posals relating to renewal of the permanent way, sub- mitted to and approved by the proprietors at the general meeting in August last, twenty-five miles of line were re-laid with steel rails in 1882 at a cost of £ 15,690 7s 7d, of which 98,000 is charged to revenue in the present accounts. As anticipated, these renewals have resulted in a large saving in ordinary maintenance, and enabled the company to meet the increased expenditure on other heads without adding to the total amount of working expenses. Ninety-one miles of line have now been re-laid with steel. It has been deemed advisable to introduce into Parliament a bill conferring upon the company various additional powers in relation to the undertaking; and in pursuance of notice a special general meeting will be held immediately after the termination of the business of the ordinary meeting, for the purpose of considering, and, if thought fit, approving the bill. The original intention of con- solidating the stocks of the company was not persevered with on account of practical difficulties. THE BALA AND FESTINIOG RAILWAY.—The half- yearly general meeting of the proprietors of this company was held on Wednesday, at Paddington Terminus, London, under the presidency of Sir Daniel Gooch, Bart.. M.P., chairman of the company. The report stated that the directors had the pleasure to announce that the line between Bala and Festiniog was opened for traffic on the 1st of November last. The gross receipts and rebates for the two months ended the 31st December were as follows :—From passengers, f426 4s. Id.; parcels, horses, carriages, &c., f-26 14s. 9d.; merchandise, live stock, and minerals, JE262 2s. 9d.; rents, 12s.; rebates, £ 142 9s. Id.; making a total of £ 85S 2s. 8d. Having regard to the period of the year and the undeveloped state of the traffic, the directors did not consider the result of the first two months' working to be unsatis- factory. The receipts were also adversely affected through the line being blocked by snow for a few days in the early part of December. The proportion of the gross receipts to which the company was entitled, with the rebates, amounted to £ 464 10s. 2d.. and that sum had been applied towards payment of the debenture interest, amounting to £ 588 5s. Id., which accrued from the 1st of November to the end of the half-year, and general charges amounting to £ 32 16s. The directors regretted that a delay had taken place in completing the work of widening the Festiniog and Blaenau Railway, owing to difficulties which had arisen with the lessees and occupiers of the land required by tne company for Blaenau station. Those difficulties were, however, in a fair way of settlement, and the directors hoped that in a short time they would be so far removed as to enable the company to proceed with the works of the station. In pursuance of the resolution of the shareholders passed at the half-yearly general meeting held on the llth of August last, the whole of the share capital of the company had been converted into stock, on and from the 1st September, 1882. The engineer's report stated that the railway, after having been passed by the Government inspector was opened for traffic on the 1st November last, and since then the works had stood the test of the heavy floods and severe winter without the slightest failure of any kind. The extension from Festiniog to Blaenau had now the 4 feet Si inch gauge laid to Blaenau station, and had it not been for the difficulty in settling with the lessees, portions of whose land and premises were required for the station purposes that length would now have been ready for opening When those property questions were settled, about a couple of months would complete the works. The receipts and expenditure on capital account showed that the amount expended to June 30th, 1882, on lines opened for traffic, was X-271,066 Ss. Sd., and the amount for the half-year ending December 31st 930,486 13s. Id.. making a total of £ 301,553 Is. 9d. The amount received to June 30th, 1882, from shares and stock, amounted to £ 231,300, and for the last half- year £700, total £ 232,000 from loans to June 30th, 1882, E-43,500, and for the half-year E30,000 total, £ 73,500, leaving a sum to balance of L3,946 18s. 3d.— The Chairman formally moved the adoption of the report and statement of accounts, which was seconded and carried nem. con. David Maclver, Esq.. M.P., J. J. Bibby, Esq., C. G. Mott, Esq., the retiring directors, were unanimously re-elected. The retiring auditor, Mr J. H. Matthews, was a1 so unanimously re-elected, and the proceedings concluded with a hearty vote of thanks to the chair- man.

FAIRS IN WALES—THE ENSUING WEEK. March 5th—Aberystwyth, Llanybyther, Penrhyndeu- draeth, Welshpool. 6th-Lianbadarn-fawr, Llangollen, Shrewsbury, (cattle, sheep, pigs, and horses). 7th—Carmarthen, (great market), Mold, Festiniog, Machynlleth Oswestry, Shrewsbury, (great horse fair). Sth-Llanrwst. 9th-Kniglitoii. ]Oth-Llandovery. Cei-rig y Driiitlion, Llan- digla, Maenclochog.

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THE SOCIETY OF CYMMRODORION. A meeting of the Honourable Society of Cymmro- dorian for the encouragement of literature, science, and art in Wales was held at the Freemasons' Tavern, London, on Friday evening, when an address inaugural to the lecture session of ISS3 was delivered by Mr B. T. Williams, Q.C. Mr W. Cornwallis West, lord- lieutenant of the county of Denbigh, presided. The CHAIRMAN, after explaining the steps by which this society, originally founded in 1751, had been revived in 1873. said there were now nearly 450 members in it, and the secretary (Mr C. W. Jones) had good hopes that in a very short time there would be 500 members on the books. When this number was obtained, he hoped an effort would be made to get the Prince of Wales to become the patron. (Cheers). The'Chairman proceeded to extol Welsh literature, which, he said, there was no doubt was the oldest .1 the world, and to urge the importance of adding dignity to the national eisteddfod. He thought the society might very well devote some effort to the reformation of the eisteddfod. He suggested that a large moveable building might be devised which could be shifted about year by year to the towns where this great national gathering takes place. Mr B. T. WILLIAMS congratulated the society on the success it had achieved, which he largely attributed to the energetic efforts of the secretary. He was glad to hear that it was intended to secure a permanent habit- ation for the society in London, where Welshmen could have meetings frequently, and where they could at all times have an opportunity of seeing the news- papers and periodicals published in the Principality. (Applause). In addition to the literary and antiquarian efforts of this society, it had in view the promotion amongst the Welsh people of every good cause. The Cymmrodorion Society wished to exert an influence amongst the Welsh people in favour of education, industry, and good conduct; political the society was not. They numbered amongst themselves members of all creeds and parties that were reputable, at all events in England. They were united in the common cause of doing what good was in their power for the people of Wales. They were united to ameliorate their condition, and to remedy any grievance of which they had to complain. It was right that every boy and girl should be taught the English language. Hut when Welsh alone was spoken by any individval, the fact that he could not speak English ought not to be the cause of any personal disadvantage where it could be avoided. He had seen Welsh litigants and witnesses placed at some disadvantages in the law courts in Wales. There ought to be appointed throughout Wales efficient interpreters, who would take care that justice was done to the testimony of Welsh witnesses, many of whom could at this moment speak nothing but Welsh. A new feature of the Cymmrodorion Society for the coming year would be that there would be lectures on the twelve counties of the Principality. (Applause). There was a halo of historical glory and romance about every Welsh county. Every Welsh- man loved the home of his birth, and he thought they might rest assured that those who had undertaken to deliver those lectures would do their best to do justice to the counties of their nativity. (Hear, hear). The Cymmrodorion Society-and he was inspired to make a reference to this by the presence of their distinguished friend Mr John Thomas-had always felt desirious of encouraging the musical capacities of the Welsh people. From a very early date, Wales had furnished some of the most eminent names in the musical world. He had been lately going about in WTales meeting with the hard working colliers, and he had been much charmed by the great attention they paid to music, and the great skill they acquired, especially in choral singing. It was to many the chief enjoyment and luxury of their lives. (Applause). In all the efforts which the Cymmrodorion Society was making in reference to Wales, it was deserving of sympathy and support. Mr Williams thought that at this moment the farmers of Wales were in need of The sympathy and support of their landlords, and he believed they would receive that sympathy and support, because the Welsh landlords were on the whole good and generous. He next directed attention to the enthusiasm which had been created of late years in Wales in the cause of education. They were now discussing the offer of the Government to provide them with collegiate education, and they were awaiting with some anxiety the proposals which Mr Mundella was now considering with reference to intermediate education. All that was necessary to secure the success of the scheme was the appointment of a Welsh Charity Commissioners—a man of character and enthusiasm, who had lie confidence of the Welsh people. With reference to higher education, wherever the South Wales College was established—whether in Swansea or Caldiff-he believed it would become the leading institution in Wales but he trusted the North Wales question would not be lost sight of, and that arrangements would be made for carrying on the college at Aberystwyth, which had been founded with such hard labour, and was now working so satisfactorily. (Hear, hear). In closing, Mr Williams said they were not as a society advocating in any way the isolation of themselves from the people of England. The Welsh people were proud of their past history, their traditions, and their mountain home; but they were also proud to be sharers in the great destiny of England, and they were second to none in their loyalty to their Queen and Constitution. (Cheers). A short discussion followed on the topics referred to by Mr Williams, general agreement being expressed with his views. In the course of it, Mr John Thomas, harpist to the Queen, mentioned that the musical scholarship for Welsh students which he was organising was all but completely-realised. On the motion of Dr Isambard Owen, seconded by Mr Stephen Evans, a cordial vote of thanks was passed to Mr Williams for his address. A vote of thanks to the chairman closed the proceedings.

THE NORTH WALES COLLEGE.. The committee appointed by the Chester Conference to consider the question of a site for the North Wales College met at half-past ten on Friday morning, at the Westminster Palace Hotel, London. The committee consisted of the lord lieutenants of the counties of North Wales, the members of Parliament for North Wales constituencies, the chairmen of quarter sessions, and the bishops of North Wales, the heads of colleges, and one representative from each of the eight com- peting towns. The following representatives were present, namely:—Anglesey, Mr Richard Davies, M.P., Mr Morgan Lloyd, NI. P;, and Captain Verney, R.N.; Carnarvon, Lord Penrhyn, the Bishop of Bangor, Mr Rathbone, M.P., the Rev D. Rowlands, Rev E. Heber Evans, and Mr John Roberts Denbigh, Mr Cornwallis West, the Bishop of St. Asaph, Sir Watkin W. Wynn, Bart., M.P., the Right Hon. Osborne Morgan, M.P., Sir R. A. Cunliffe, Bart., M.P., Messrs Boscawen, Gee, Roberts, and Hucrhes Flint, Lord R. Grosvenor, M.P., Mr John Roberts, M.P., and Mr Mostyn Williams: Merioneth, Mr Holland, M.P., Dr Edwards, and Mr Robertson, M.P.; Montgomery, Earl of Powis, the Hon. Hanbury Tracy, M.P., and Mr Parker. Mr Marchant Williams, B. A., was present as the convener of the meeting, and read letters of apology from various gentlemen who were unable to attend.—On the proposition of Mr Osborne Morgan, the Earl of Powis was unanimously elected to preside. Mr Marchant Williams having read a letter from Llan- gollen protesting against the exclusion of its representa- tive from the Site Committee, Mr Cornwallis West moved- That, in order to secure a perfectly impartial decision and subsequent unity of action, it is desirable that the selection of the site of the North Wales College be referred to the President, Vice-President, and Committee of Council on Education. At the suggestion of Lord Richard Grosvenor, Mr West added the following words" And that, in the event of their declining to act as arbitrators, they be requested to appoint three gentlemen, who may be prepared to do so. "-TI)e Bishop of St. Asaph main- tained that the committee had the power to decide upon the site, and they ought to exercise it.—Mr Osborne Morgan suggested that as they could not decide at once, they ought to refer it to arbitration.— Captain Verney questioned whether the committee could refer it.—The Chairman saw no reason why the committee should not transfer its power to another committee, and, therefore, could not see any technical objection.—Mr Morgan Lloyd deprecated the delega- tion of the question to an independent tribunal now, and wished it deferred. In the meantime, subscrip- tions should be collected. As it was, he believed Aber- ystwyth would receive the grant for another year.- Sir R. A. Cunliffe agreed with Mr Lloyd as to the necessity of collecting subscriptions.—Lord Penrhyn expressed his hope that before any decision was arrived at. it should clearly be understood that all subscrip- tions received should be free from conditions as to site. (Loud applause.)—Mr Rathbone thought the first appeal to the country should be in aid of objects upon which there existed agreement of opinion, and after- wards the country might be appealed to on other matters. Mr Rathbone then read his draft memoran- dum. which was to the effect that the Site Committee felt the difficulties and responsibilities of their posi- tion. They desired to secure perfect harmony, and to arrive at a just and sound decision, but they failed to find evidence to justify their making a decision that day. He proposed, therefore, that meetings should be held throughout North Wales, that local committees should be formed, and that promises of subscriptions should be obtained, such promises to be free from any restriction as to site. At these meetings, which might with advantage be attended by some of the members of the committee, a plan of canvassing for subscriptions should be decided upon, and afterwards systematically carried out.—Mr West then withdrew his own resolu- tion, and moved that Mr Rathbone's memorandum be received, and referred to a sub-committee.—This was seconded by Mr Osborne Morgan, and carried unani- mous^.— Before proceeding to appoint the sub-cow- mittee, Mr Gee objected to some sentences in the memorandum as tending to indicate a preference for certain localities.—The Chairman suggested the memor- andum should be accepted as a general basis for amend- ment at the hands of the sub-committee.—This sugges- tion was adopted by the meeting, and Sir R. A. Cun- liffe proposed that the sub-committee should consist of the lord lieutenants and the members of Parliament of North Wales, with two representatives from each county.—Mr Mostyn Williams suggested to trive the committee the popular character which it was now said to lack by placing upon it one representative to every 10,000 of the population of North Wales.—The Chair- man feared that might cause delay.—Lord Richard Grosvenor seconded Sir Robert Cunlifie's motion, and a long discussion took place.—Eventually, Sir Robert withdrew the motion, and substituted, That the sub- committee shall consist of the present committee, five to form a quorum."—It was also resolved that the Earl of Powis be president, and Mr Osborne Morgan vice-president of the committee.—Sir Robert Cunliffe. Mr Rathbone, Mr J. R. Davies, Treborth, and Mr Marchant Williams were appointed hon. secretaries. It was decided to request Captain Verney, R.N., and Mr Hudson Jones to act as treasurers, and that accounts should be opened at the North and South Wales Bank. and at the National Provincial Bank of England. The meeting resolved into a meeting of the sub-ccmmittee, and Mr Rathbone's memorandum was discussed and revised. After a few verbal alterations it was adopted, and it was passed that it should be printed.—The proceedings terminated with votes of thanks to the Earl of Powis for presiding, and to Mr Marchant Williams for acting as convener.

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THE ABERYSTWYTH CHALLENGE CUP. ARDWYN SCHOOL V. CAMBRIAN ROVERS. The first tie in connection with the Aberystwyth challenge cup was played on Saturday between the Ardwyn School team and the Cambrian Rovers on the New Lawn Tennis Ground in Smithfield-road. The cup was won last year by the Mechanics, who have again offered it for competition. Neither of the umpires were provided with whistles, and as several disputes took place, the referee was very often referred to. The Ardwyn team won the toss, and play was commenced about ten minutes past three. Several good runs were made by both sides, and when the ball was in the Rovers' part of the ground, a cry of "bands" was raised, and several of the players stopped. The Ardwyn forward, who had possession of "the ball, however, did not stop, and succeeded in scor- ing the first and only goal for the Ardwyn team. The Rovers disputed this goal, as they had stopped playing -on hearing the cry of "hands," but the referee, on being appealed to, decided that it was a fair goa Play warresumed, and the Royers assumed the °^ei}' sive, and although a much lighter team than their opponents, they pressed them hard, and before sides were changed, they had succeeded in scoring two goals. During the second half of the play, most of the Rovers appeared to be knocked up, and had their work cut out for them in trying to prevent their opponents from scoring, but the Ardwyn team, which was a very strong one, several of the players being from the College team, seemed only beginning to warm to the work and made several determinal efforts to score, but without success, and some of the college men who are more used to the Rugby than the Association game could not resist the temptation of pushing with their hands. No further advantage was gained by either side, and the Rovers won by two goals to one. The following were the -players :-Cambrian Rovers: Goal, J. T. Hughes; full backs, William Lewis, Ellis Watkin Jones three quarter back, J. Salmon half backs, T. Parry, T. Thomas forwards right wing, David Richards. John L. James; left wing. Evan Humphreys, Walter Rogers centre, H. Dodd umpire, W. W arrington. Ardwyn School team Goal, F. W. Ruddle; full backs, D. R. Price, L. C. Thomas half backs, B. D; Williams, A. C. Da vies quarter back, D. Jenkins forwards left wing, W. Watkins, B. Watkms (captain) right wing, J. R. Macpherson, J. R. Jones centre, J. Bryan umpire, J. T. R. Miller. Mr R. Peak was the referee.

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