NEWS OF THE WEEK.
THE event of the week, though one about which comparatively little has been said at the time of its consummation, is the first Municipal election under the new Irish Corporation-law, in Dublin. In spite of the threatened obstructions by the Tories—in spite of the difficulties which they chuckled over, of entangled and incor- rect poor-rate lists—the day has arrived, the law has had its course; the New Corporation is constituted, with a liberal ma- jority of eighty per cent, and the Old Corporation has only sur- vived to pay its expiring homage to a Lord-Lieutenant in which it might have rejoiced. DANIEL O'CoNNELL dignified the occasion by standing for the Aldermanship in two wards ; and he was returned for both. What is more, Alderman O'CoNNELL is to be made Lord Mayor, next Monday. The Tories are consoling them- selves with anticipating some catastrophe in etiquette, when the Repeal Lord Mayor shall be introduced to the Conservative Lord- Lieutenant : but, with all his indiscretions, DANIEL O'CoNssix is not so wanting in tact, nor can Lord DR GREY be so wanting in address, as to make a scandal for the amusement of the gossips. The Reformed Corporation steps into a valuable inheritance of corporate property, estimated at 22,000/. a year, or at 40,0001. under a better management ; and it is loudly called upon to make the most of those resources, without exercising its privilege to levy a borough-rate. The rate-payers seem to think, that, now they are represented in the Council, it follows of course that they must be taxed; and they are hardly reconciled to that bargain, after all their efforts to gain it. The new taxing-machine, the Council, will probably steer clear of the dreaded borough-rate at present, if it were only to avoid bringing odium upon the Repeal Town- Council and LordMayor 0 CONNELL.