The High Master's salary is fixed not to exceed 600 pounds, with house-rent and taxes free. He is also allowed to take twenty boarders. He has the assistance of an Usher (salary 300 pounds, with house and fifteen boarders); an Assistant (salary 200 pounds, with house and twelve boarders); an Usher's Assistant (salary 150 pounds, with house and ten boarders). There are, in addition, a Master of the Lower School, a Writing, and a Mathematical Master, a teacher of English literature, and another of foreign languages; all, with the exception of the last, having houses, and their aggregate salaries amounting to 800 pounds. Four hundred scholars attended in 1850. MANCHESTER NEW COLLEGE is an institution belonging to the Unitarian body, on the plan of King's College, London, and was opened for the reception of students on the 5th October, 1840. The curriculum of instruction embraces every department of learning and polite literature. THE LANCASHIRE INDEPENDENT COLLEGE is one of the affiliated Colleges of the London University, and was established for the education of candidates for the Christian Ministry amongst Congregational dissenters. There are three resident Professors, the principal being the Rev. Dr. Vaughan, formerly Professor of History in the University of London. OWEN'S COLLEGE has recently been opened on the testamentary endowment of a Mr. Owen, for affording an education on the plan of University College, London. CHETHAM'S HOSPITAL, or, as it is more properly termed, "College," was founded by Charter in the year 1665, by Humphrey Chetham, a Manchester citizen and tradesman, who had, during his lifetime, brought up, fed, and educated fourteen boys of Manchester and Salford. He paid a heavy fine to Charles I. for persisting in his refusal of a baronetcy, and in 1634 was appointed Sheriff of his county. By his will Chetham directed that the number of boys he had previously provided for should be augmented by the addition of one from Droylsden, two from Crumpsall, four from Turton, and ten from Bolton; and left the sum of 7000 pounds to be devoted to their instruction and maintenance, from six to fourteen years of age, and for their apprenticeship afterwards to some trade. The funds having since increased, 80 boys are now received, in the following proportions, from the several places mentioned in the founder's will, viz.:--Manchester, 28; Salford, 12; Droylsden, 6; Crumpsall, 4; Bolton, 20; Turton, 10. They are clothed, fed, boarded, lodged, and instructed in reading, writing, grammar, and arithmetic. The boys are selected by the Feoffees in annual meeting at Easter, within six days before the Monday in which week an application must be sent in to the Governor, accompanied by a printed note of recommendation, signed by the overseers and churchwardens of the place in which the candidate resides.