NEW LONDON BRIDGE BILL.
Mr. Brogden brought up the report of a bill on the 6th of June, by which the sum of £150,000 was to be advanced by government toward the construction of New London Bridge. Mr. Hume objected against this advance in the shape of a gift, and Mr. Ricardo agreed with him. Mr. Alderman Wood, however, argued that the work was one of great national utility, and not intended exclusively for the benefit of the city of London; that the money was to be paid by instalments, extending over a time of seven years; and that the corporation were ready to give up nearly £200,000 that was in their hands, and to raise £400,000 more on mortgage. The report was received, and the resolution for the proposed advance carried.