A party of gentlemen interested in the colonization of New

Zealand went on Saturday to Blackwall to inspect the barque Tory, a vessel of

400 tons, in which the new company's first exploring and surveying

expedition will go out, under the command of Colonel Wakefield. The Tory is equipped in the most perfect manner, and is provisioned for two years: she carries eight guns, with abundance of ammunition, and a nu- merous crew. There are to be no passengers except the persons in trusted with the conduct of the expedition, and some scientific gentle- men. Her cargo consists of articles fit for barter in New Zealand. It is intended that the vessel shall proceed in the first instance to Okianga, men. Her cargo consists of articles fit for barter in New Zealand. It is intended that the vessel shall proceed in the first instance to Okianga, on the Kiapara river ; but attention will also be directed to various other parts of the three islands. The company under whose auspices this new attempt at colonization will be made, have raised 20,000/, to begin with, and have (it is said) " purchased 600,000 acres of land from the native proprietors." After examining the Tory, lying in the West India Docks, the party proceeded to Lovegrove's Hotel, where luncheon was provided on a large scale. Mr. Hatt, one of the directors of the company, presided ; and Mr. G. F. Young was vice-chairman. Among the other gentlemen present, were the Earl of Durham, Lord Petre, Sir George Sinclair, the Lord Provost of Glasgow, Mr. Sheriff Wood, Captain Stockton of the United States Navy, and Nayti, the half- civilized New Zealander, who has resided in London nearly two years, and is now well known about town. Mr. Francis Baring visited the Tory, but was tumble to attend the luncheon. Many ladies also were present, and indeed formed the larger portion of the company.

The Queen's health was drunk with the usual honours. Then came " Lady Petrc and the Ladies," (her Ladyship being present,) and " the Earl of Durham." On proposing Lord Durhaurs health, Mr. Hutt entered into some explanation of the objects and prospects of the colonists— They must all deeply regret that a country situated as New Zealand was, and so formed by nature for the purposes of habitation and culture, should so lmig have been left without any successful effort having been made to pro- cure its establishment as a colony. It had hithsrto been abandoned by this country, with which it was in some irregular manner connected, to a race of men little calculated to extend the honour of the British name. Fitted by the natural resources of its soil, by the healthiness of its climate, and by the beauty of its inland scenerv, to become the place of abode for persons of indus- trious habits and oi• civilized feelings, it had been allowed to be made the resort of the pirate and the marauder, of runaway convicts from the adjoining penal colonies, and of the scarcely less lawless race of runaway seamen. Ex- peditions had been suggested for the purpose of forming a regular settlement at these most interesting and important islands, but they had never been carried Omit ; and he need mit describe the consequences. -Almost all those objects which the early navigators had remarked as the subjects of congratulation and delight were disappearing before the introduction of a European community; and it appeared as if', in ttct, " the land were like the Garden of Eden before them, but behind it was as a desolate wilderness." All, he was sure, would re- juice in seeing this scene of barren misery changed to one of prosperity ; and he was glad that the time aprared to be now approaching when this desirable end would he attained. The New Zealand Company had received the assur- ance of her Majesty's Government that a bill should be introduced into Parlia- ment immediately, and should be passed as soon as possilde, for the purpose of the better regulation of these islands ; and the company-, tamving,the inten. tions of the Govermnent with ito nnequal steps had fitted out an expedition, destined, it was to be hoped, to lay the futudation of an important colony. Attached to that expedition were gentlemen selected with the utmost care on account of their qualifications. Scientific men, draftsmen, naturalists, and surveyors had been employed ; Rua to them were intrusted the care and atten- tion necessary to be used in forming a. settlement which should one day be dis- tinguished among the nations of the world. 'Who, then, would not wish them success ? He need not say, however, that the company had not arrived at the interesting position in which they now stood without much labour, the greatest exertions, and many disappointments; and without the distinguished assistance which they had received from sevrral eminent individuals now present, it was probable that the prospect of eolonization in New Zealand would have been in no more forward state in 1.839 than it was in 1820.

It was one of the great charms of the cause in which they were en- gaged, that men of all political parties could unite in promoting its suc- cess; and he therefore felt that in proposing Lord Durham's health, he was not liable to the imputation of acting on political motives. Who was ignorant of the essential services rendered to time cause of coloni- zation by the Earl of Durham ?- lie said this not merely in reference to public doenments now in the hands of every one ivherein, in the language and with the authority of a statesman, the noble earl. had pointed out the resources Mitch might be laid open, not merely to his own country but to all mankind, by a proper system of coloniza- tion--.Lhe referred not merely to that important service, but to the fact, which was more germane to the object of their present assembling, that he was among the first of those who pointed mit the high importance to this country of the colonization of New Zealand. It was a fact wdl known to manv whom he addressed, that in l$25 the Earl of Durham suggested a plan for firming is British colons- in New Zealand, and that he calleethe attention of Mr. Hus- kisson to that measure, and received from him expressions of concurreace and approbation. They ought not then to lose this opportunity of expressina their acknowledgment to one who so well knew the true meaning of the good old Euglish cry of " ships, colonies, and commerce," and he called upon those pre- sent to take advantage of it. They should not now be obliged to call for the assistance and cooperation of those individuals who had coine forward in their behalf, because they had already obtained it ; but he begged to remind them that when the noble earl first came forward it was at a less propitious and a less encouraging moment. The cause which he had espoused was now on the high-road to a successful termination, and he called upon them to fill the wine cup to his name.

The toast having been received with much applause, Lord Durbem rose to eeknowledge the compliment. He said that Mr. Hutt had e.m-ecify stated the part he took in the attempt to colo- nize New Zealand in 1825, in conjunction with Mr. Littleton, now Lord Hatherton, Mr. Palmer, M.P. for Essex, Mr. Ellice, and other gentle- men of great wealth and influence. They spent from 25,000/. to 30,000/. ; for which they never received sixpence in return, and, though promised assistance by the Government, never obtained it, and their vessels returned from a fruitless expeditiou-

For many years the whole affair %vas lost ; and it was only on his return from his embassy at Rnseia that he heard of this scheme; and its projectors came to him, and propesed that he should j,:in the new undertaking, which to certain extent was nil doubt in rivalry with that to which he belonged. Ile (lid not, however, con-der it in thse held, because he conceived that even the second, third, or fout:. schemes of colonization ivould not tend to injure the company to ivhich Ii belonged, but, on the (smilers, would be likely to pro- cure its success; and he NV1LS therefore reitly to embark in this scheme, and give it all the assistance in his power. Dariag 1t absence in North America, the sort of indirect sanction %.11icli was t , hy the Covermnent appears to have been withdrawn ; and the result Ca • present un ,, dertakia„, which

was set on foot by individuals solely on their meo responsibility. On -behalf of the company to which he belonged, he ought to state with candour that they were still in communication with the Government, and they were to have a meeting on alonday ; and it was to be hoped that a charter would be granted to them according to the original promise el le I luskisson. Re had seen a gentleman eonneeted with the t•ompany that morning, and had suggested to hint the propriety of makilc...; the what:cages which. the old company obtained availahle for the success of tle2 new tuelertaking. Lord Durham then 1.a-sed to the general blildtxt of colonization. He certainly was an ads-se-lee not of the old, but of the new mode of colo- nization, by which colonies :night be made liiehly advantageous to the moth Cr illStCad bohlg a drog epoilI --

‘vealth was, besides, to be ibriv.d fL u shipping, he coula not hylp ex- pressirg h k belief, that the existence nml pi...spent v.1f this cminfry depended

on its commercial marine. Ile hail. the means of judging 1, hen he %Vas there, between an artificial marire and one emanating from the habif-s and feelim:s of the people. In It ussia he had seen a splendid fleet, and 15,000 men marched as soon as the ice sVaS broken up to man it ; but he never found the IlI, ti ...ling of inter..st among them n iti exisad in the hearts of British sailors, and which should weigh un the minds of persons lyitose yhole prosperity dependA on the existence of the warin... They were marched down with ey.ry appearance of hying in slavery, clic did not mean to Inc the term

ly,) and of hying forced into a ttterelee tlIklgreeal le to their feelings: they ine:ented an appearance entirely difrerent feom that exbi:Ated by our sailors, who were not only y.iiiing but anxious to enter into the service dtheir country. Ile was almosl ashamed for having been led to detail more to the fleeting thm he should have donc on an occasion of this ikseription, sA.ing that the majority of tluFe pre•mt were ladies, who were not used to statistical or political deeds ; Ina he Ms: wiOnd to state his opinions upon the subjects ivluch had been touched upon in the 1,e.eell of the honourable chairman. Du ly,) and of hying forced into a ttterelee tlIklgreeal le to their feelings: they ine:ented an appearance entirely difrerent feom that exbi:Ated by our sailors, who were not only y.iiiing but anxious to enter into the service dtheir country. Ile was almosl ashamed for having been led to detail more to the fleeting thm he should have donc on an occasion of this ikseription, sA.ing that the majority of tluFe pre•mt were ladies, who were not used to statistical or political deeds ; Ina he Ms: wiOnd to state his opinions upon the subjects ivluch had been touched upon in the 1,e.eell of the honourable chairman. Du thought, besides, that upon t ea...1071 Of ;id, ii hull a new principle War; about to be cidied into uperatioe —he trust,1 mei fur the ad‘au-

tage (if colonizatioa and Mail h:;...1 iota, v;a:i juAiLd in stating the

genetel ipieions ehish he elitei •I ; I • hoped that it might be per-

mitted to a person who leld It s •- in different stznaon; of Mi.., to say. that Ii was souvincisl that ii 11,, wi■ L col:Ne of CNIACI:Ue be had newer heard of any undertakim: more liHdy to be atlendod with u,e1b1 results, and to he e011dItelee to the 10.0.1, ,rit■ of the eiopire, than that which NYZIS 110W set on foot. Entertaining tht•ei opiiiiiins, therelore, and having 110 feelings of rivalry, although he was connect...I with another compauy, he took leave to offer to the dir,cturs of this association his best %vishes ihr the success of their wide' tatiAng; hoping siinceryly that it nognt be favoured with the best results that its iiiest ardent and enthasia-t ic might desire.

Lord Pet re's health was the next. Upon which that nobleman said that though he did. not possess the same power and influence which the Earl of Durham could bring to aid the cause, he could. still lay claim to steadiness in support of the present undertaking--

He was much interested in the colony, fur 11101..) rea,011S; the first of which was, that he had a large t'atoily 0 hie:, must be provhkd fn.; and, notwith- standing the apprehelishths that Ile ,ee it expressed, that 1.11 those proceeding with this expedition mei., to he e aie II Up by the natives, one of lila SOW; (therm present,) mho did •t pos,,ssrim thantL,rmhiimmimy slcu.e or -patriotism, and, consequently, no more tlitm a ordeery asire to suffer denmlition ia so un- pleasant a manner, NYOS r, Aced to try his luck mm si to ptecel'd to the colony. (Chr,rs and IrmOter.) Ile most sincerely declared, that it tio. success of the expedition were desired by anv one man more than by another he was that one.

The Earl of Devon had been unexpectedly prevented from being present, but his health was drunk as that of a firm friend to the cause.

Sir George Sinclair's health followed. In proposing it, Mr. Hutt referred to the powerful assistnnee the company had received from Sir George ; whose eldest son was about to proceed to the colony.

Sir George Sinclair replied—

Be could not say that he had not been in th., habit of bearing speeches, but he could at least declare that Ile was not nrc.11 accustomed to tusk' them; and he rejoiced now in addreesing an assemblies, which was in one respect different from the Legi4ative Assembly of the country, in its hieing graced. by the attendance of ladies, whose presence was enthsely forbidden in one House of Parliament—eni onlv connived at in the other. Front the, first moment at which this subject was meutuoted to hUn, lie had taken the liveliest interest in the tslICee.tS Of the ehmciimc ; believim ug a, he did, flu. t it would tend to the pro-

mulgation of true religion in a di,tant r .11, and that it would promote the best intcresfs of mankind, in acquaiiitin:_; the natives of the country to which the expedition was proceeding, with the a.'.vantag,s which Providence had be- stowed upon them, and by transferring to the shores of that country those in- dividuals who in their native land might not he Mile to tied a mart for them- selves or a sphere for their exertions. The object is hich they had in view wits far (heel-um num tine which bud induced the establishment of colonies in early times. We Is,re sending forth the blessed truths of the gospel ; and our ob- ject S S to instroet and tint to en-lave—to protect, and not to exterminate. le eculd not ilive a stron.ym proof of the interest which he took in time pro- ceedieg, and of the confidence a hicim Ii ihterh,hied of its success, than by sending, nut indeeml withom a pang or oreetiooat, anxiety fiur his welfare, his eldest son to join the first settlers in this new colony.

The health of Mr. G. Young, Chairman of the Shipowners

Society, of the Lord Provost of Glasgow, of Dr. Evans, and of Mr. Sheriff Wood, were then drunk. Nayti, the New Zealand "interpreter" to the expedition, received a similar honour ; and returned thanks, in language which, the Morning Chronicle reporter remarks, seemed per- fectly intelligible to those accustomed to his conversation, though the reporter himself could not understand it.

Lieutenant Macdonnell gave, from personal experience, a favour- able account of the New Zealanders and their country—

They were a docile, tractable, but a warlike race; and he was confident that they were most anxious that a body of respectable English settlers should go amongst them. The land on winidi he had resided was immediately adjoining to that which belonged to Lord Durham's company; and the fertility of the

soil of that and the surrounding districts, and the vast natural resources of the country, gave hint every reason to believe that the present scheme would be successful.

Mr. Hutt, whose health was proposed. by Lord. Durham and received with much applause, read an extract from the instructions of the com- pany to their officer, Colonel Wakefield-- " You will consider," said the Directors, " any get of aggression or affront from any of the company's servants towards any native of New Zealand as a sufficient reason for immediate dismissal from the company's service, and in

the most public manner. Drunkenness, though in this case the same publi- city may not be necessary, should be invariably visited with a similar penalty," " Captain Stockton, and prosperity to the United States Navy," was given by Lord Durham ; who, referring to a remark of Mr. G. le 1 ouug, said—

The honourable gentleman who filled the vice-chair Imd a short time since expressed a fear that the sun of Britain's glory was about to set in the West, mid his pleasure at being able to anticipate its rising ot the South. Lord Durham

believed that it would not set in the West, whatever might be the negligence_ the culpable neglect of the Government, whether it were Tory or Weiss (C/ews.) Ile repeated, that he did not believe that it would set iu tin Wyse; mid he, tin. one, would rather sever his right arm from his body than see the British dependencies 1mm Canada severed from their parent state. (Cheers.)

'Elie last toast was " Admiral Young and the British Navy ;" and the party broke up.