SCOTLAND.
The election of a Representative Peer for Scotland in the room of Lord Morton took place, with all due form and ceremony, on Tuesday, in the Picture Gallery of Holyrood Palace. Eleven Peers were present. There were two candidates, the Earl of Caithness and the Earl of Perth. On a division Lord Caithness received the votes of thirty-four Peers, seven of whom were present, while the rest voted by proxy. There were twenty-two votes for Lord Perth, of whom nineteen were proxies. The Whig vote carried the election of Lord Caithness.
At a meeting of the Edinburgh Town-Council on Monday, Dr. Lyon Playfair was elected Professor of Chemistry in the University of Edin- burgh. His chief opponent was Professor Anderson of Glasgow. On a division, the numbers were—Playfair, 25 ; Anderson, 9.
A sequestration, we regret to state, was taken out cn Saturday in the affairs of the firm of C. D. Young and Co., Edinburgh, very extensively en- gaged in the trade of wire-working and iron-founding, and also known in connexion with speculations in newspapers. The difficulties of the house have for some time been pretty notorious, and it was considered almost cer- tain that a crisis would be brought on by recent events in connexion with the Edinburgh and Glasgow Bank. A meeting of the creditors was held about a fortnight since, and adjourned for a week without coming to an" arrangement—the offer being, we believe, 4s. in the pound; and in the end of last week the attempt was abandoned. The largest creditor is the Edin- burgh and Glasgow Bank, to which the firm is indebted to the enormous amount of 108,0001. The firm gave employment to probably not far short of a thousand persons.—Scotsnian.
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