8 AUGUST 1829, Page 9

A RATIONAL SPECULATION.

LONDON supplies Brighton with fish, and Brighton, in return, furnishes London with its town news. The Brighton Gazette, a paper Particularly industrious in this department, informs us— "it is, we understand, quite true, that a theatre, larger than either Covent Garden or Drury Lane, is to be erected at the top of Gray's Inn Lane, for the representation of the legitimate drama. Whether the projectors will obtain a license, is another question." The wisdom of the project shines especially at this moment, when it is questionable whether one of the large theatres already existing will reopen, and the other, with the most extraordinary exertions, only maintains its ground against the pressure of difficulties. If a large Playilouse in the heart of the town cannot succeed, we see no sort of reason for supposing that a larger theatre,in one of the worst suburbs would be a more promising speculation. The size of the houses has long been an admitted objection, and it were strange if their disasters by corpulency were to invite to the still greater increase of dramatic vats.

It cannot be denied, however, that there are always people enough out of Bedlam, and in cash for any wild project.