In the mania for new proj...
In the mania .fof new projects which exis ted in the year 1720, no less than 200 schemes of various kinds were set on foot, olf which no trace remains at the present day. iMlac- phersot, in his " history of ' Comnerce," enumerates a porlon of them, and gives a list of the sums paid on them, artd tlie hghest prices to which they ose. Among these, the welT-knon' South Sea babble was not the most re- markable. (On those shares 10ol. was paid, and they after- wards rose to 1,0001., being ten times the original capital ; but the shares in the York fiuildings Company, on wlich 101. was paid, rose to 3007., being 30 times the original cost; and in one scheme for " bringing fresh fish to Lon- don," the shares vere sold at 160L. belfore an) deposit had beeni tuade. The fate ofallthesesplendid undlertakingsaffords a salutary lesson to the speculators of the present period. DEM ERARtA.-(From the Glasgow Courier of Tfhursday last.)-At a late hour this forenoon, we were favoured with thie per. usal of letters from Demerara to the 15th ult., brought by the BE- tannia to Liverpool. These, we regret to state, inform us, that the militia had been again called out, in consequence of reports of an- other projected revolt intended to take place on the Easter holydays. One negro had been brought in from the west coast, who had been found with some muskets and bullets, but, upon investigation, it was ascertained that these had been given, him by his master to shoot deer. From the east coast the alarm was more sernous. A negro bad been brought in belonging to Resouvenir Estate, where Saiith the Mlissionary lived, and which slave had been concerned iri the late revolt. le was secared by the well-disposed negroes upon a neighbouring estate, whila in the act of making an attempt to in. duce them to nise on Easter AMonday, and emancipate themsselves, which, he said, they could now more readily effect than formerly. He is under examination, together with another man who is con- nected with him. The alarm had, however, in some degree subsided, upon its being ascertained that he was intoxicated when he made the declartion. lDrunken people,however, sometimnes let out important truths. The rnilitia were ealled out and placed on permanent duty, and wereexpected to remain so, till General D'Urban arrived. Strong instructions had conme out from Lord B3athurst, directing him upon his arrival to issue a proclamnation, watning the negroes of the dan- ger of listening to incendiaries, and directing him to put down every attempt at rebellion, in the most summary. manner. This had in some measure quieted the minds of the white inhabitants, but still ,the mindsofthe negtotswerebyno means-in a settled state. They :-lok upon the removal of Governor Murray as conveying on the q part of his Majestya mtakeddisapprobation of his condact.