21 DECEMBER 1839, Page 8

We are glad to see by the Morning Post of

this day, that the Mercers Company have subscribed fifty pounds in aid of the funds of the "South Australian Church Society," and concur with the Fog in the wish that other wealthy corporations may follow the example of the Mercers Company. As a proof that the South Australians deserVe encouragement, we copy from the Colonial Gazette a notice of their efforts to establish a'college, where, three years ago, there was a wildernesti. "Nearly four thouand pounds have been subscribed in South Australia for the establishment of a proprietary College in Adelaide ; Governor Gatvler heading the list of contributors with the handsome sum of 1001.; while several' of the wealthier settlers, and agents for large proprietors resident in England, have put down 500/. each. The intention is to found a seminary for polite letters, to which not only the South Australians, but Englishmen in India, may send their children, for first-rate education,' to quote the words of the advertisement. This is realizing an elevated and far-stretching view in the original scheme of the colony, which has not been lost sight of in the ardour of profitable speculation and the care for creature comforts. Last week, when noticing the liberal zeal with which chinches, chapels, and other public works were projected and executed in the colony, we were not aware of the pro- gress this college subscription had made: we now record it as a remarkible fact in the history of a town not in existence three years ago."