PADSTOW.—About 8 o'clock on the morning of the 20th February, the schooner Jeune Prosper, bound from Swansea to Bordeaux, was seen running before a strong N.W. gale for Padstow Harbour. The Lifeboat Albert Edward was launched as speedily as possible, as it was anticipated that the vessel would not make good her entrance. Before the Life-boat had reached, however, the schooner struck on the Doom Bar, and then, falling off into deep •water, capsized. The crew were left floating about.

Two men perished; 2 were picked up by a pilot-vessel, and one was saved by the Life-boat.

Scarcely had the boat been secured in the house on the return from this cruise, when another vessel was seen running for the harbour, and this time the Life-boat, having arrived at the Point in time, was enabled by signals to pilot her past the dangers of the Bar and to a safe anchorage, thus saving the French lugger St. Clement, from Cardiff, bound to Nantes.

While employed on this service the coxswain observed the schooner Plymouth, of Plymouth, part from her anchors through the violence of the gale, and the Life-boat at once proceeded to render assistance.

She succeeded in rescuing 4 persons from this wreck, which stranded and sank.

The boat finally regained her station about noon,after having performed a highly creditable and arduous forenoon's work..