the Editor of the Sm,—After having run their course, and made the fortunes of many sharebrokers, Joint Stock Companies are again at a discount. This is not consistent with the rate of human progress elsewhere, and seems to imply some lack of energy on the part of the foreign settler, Wharf shares, candle bridge shares, et hoe genus one, be at present in a condition more sick, and sadly needing medica-change of air. Even hotel widely different as is their aspect in other respects, unite in this one main point, of being unsaleable, and of presenting few points of interest, monetary or mental, to the public at large. The present is apparently not a promising for the institution of new companies, yet in the interests of that deserving class the brokers, I would really like to see something done, nation There wre many pitfals for the unem-pi j and when we survey the dingy traps, deteriorating steeds, and downcast countenances of the fraternity, we may well exclaim—Fulton eros agen one dee Time was when, pauculis cruculis aureis, with the command of a few taels, one could rule the market for 8. 8. N.'s to the impending profit of the astute broker. Now, alas, tempora mutantur: each is more anxious to aall than the other to buy, and Othello, are sadly in' want of an occupation, Now recent discov: have convinced mo that there are yet many paths open without treading that wide one which leads to the loss of dollars. Vitam regit fortune, non sapientia, and perhaps it is as well, for Desipiant omnes aquo ae nos; I do not claim greater wisdom than my fellows. Bat Ante Agamemona fortes, or, as 1 may say, sapientes, probably & few of the race still At all events, in the absence of for Pootung Railways, and the impo bility of placing Celestial Navigation Co.'s on the market, a friend of mine has hit on which I recommend to the flagging energies of my friends the brokers. So convinced am I of the feasibility of the scheme, that I have no hesitation in recommending it; to the notice of all intending investors, and am willing to place my entire reputation, and balance in the Pro-dial Bank Limited—which, by-the-bye, is on the wrong side of zero—at the service of the company. In fact, like Curtiua Man-Tins, Lam willing to devote myself to the good of my fellows, and to become, at a remuneration to be fixed beforehand, the entire board of directors, chairman' and otary included. I was anxious fo ime to keep the scheme private a yood-looking broker to' place sent out private and confidential cireul: affect sp. Yes, Iam not ashamed to own the fact—Digito monstrar, et dicere, "Hic et." th Now we live in a cosmopolitan settlement, very epitome munch, as the poet has it But of all nations, our Scotch cousins carry the palm, Whether in arts, science, or divinity they shine ut luna inter minores ignes, but alas! they have but one post. It is customary on the festival of St. Andrew, when Plures erapula quam gladius,—the haggis more than the claymore prevails, for the chiefs of this ancient nation to air themselves in unaccustomed eloquence. We all know the liberality of the genuine son of St. Andrew on the occasion.
Magis ilia jusant, quae piuris emuntur,—Those verses are best which cost the most but unluckily the national choice is confined within narrow limits, Now the annals of the A.D.C, assure us, and they have had experience, that amongst their number a well favoured man is the gift of fortune, but to read and write comes by nature," I purpose, therefore, having made all the preliminary stipulations with the committee, and committed them to paper, duly signed, sealed; and delivered, and stamped with the arms of the Mixed Court, to establish a limited liability company for the camp of Scotch poetry, of a nature suitable for delivery on the annual festival, For further particulars, a Ihave no hesi referring, though to the Honorary own part, Lam willing, as Lhave stated, to have my name plsced at the head of the prospectus, provided my friends have sullicient judgment to make me handsome remuneration. Under such circumstances, can confidently re~ commend the scheme us likely to be profitable to myself, and a source of consol lation and honest employment to the dis-sod confraternity of brokers.
Text read from the printed page and cleaned; old type leaves the occasional error.