The Express. — London, England, 1849-07-14 00:00:00

Zite erpreoo. OrTOOl,lO SIAILS. no tuella foe T:en, r)pot to. Lieban, Makisa, Celle. sad Gib altar, Will be made up de lie Vtli otialp„ The Wee Imes Mint% ezehaling Bermuda. Havana. eiwam. Boaduree. Saw Odeon.. awl Maxice, eat ineltellse thee tor Weleire, 4t. / Jigal-d.ohlisarania, Now Grenade. Mill, and Peru. be Kiri. tip ws the 17Ik at Judy. eh,. at.ilr tot Gibraltar. Kane. 011160 e, the lonian le:ande, 'rer• sad Mina. We Souther owe. vu be male op on the evening of tbe Nth cid*. s 4 e • -relea :eorto &elegies and the 1711 W Stair will b. Ow& al re the Make of Cle 20th July. The trxle, r;ti Nominee, to the Mottiteereneln, Egypt, Perkin, ham, lio.e-Koint, &a., will be wale upon the evening or Ja:y 211 h. 7h: m,ile tor Madeira, the Brazils, end Buenos Ayres, will be made upon 441 of Amore. oloolf W %TM' AT 1.11 7 417077 I$llllWlll. T.,. rh, —Versta.. 17 .Yo. haw 7: Afinulow. 77 who. poi II TT idiom —110731 A,;. 3 AIL put I Atintasha. 37 sos. pass S. LONDON, SATURDAY, JULY 14. Loan JO= ItIiSiELL is evidently quali'ying to be a member of the new Holy Alliance. To throw ar his old liberal weight and ride a race of conseivatisru with Louts NAPOLEON himself, seems his object. Had we a NW/in commissioner in the galhoies of each house of parliament, and if miuisterial existence depended on the pleasing this comenishmer, end ape %king m harmony with absolutist and retrograde prnuciples st government, the ministerial speeches in both houses could sot be other than they are. As to Lord Par.mmurrox, he is evidently sesnendei, and the Furerign-offtee in examiseioa. Lied lone him self, at least the old Lor I lotto, seems in the same predicament. And Sir GEORGE GREY, forgetting that he is a Oast, leads the asetamorphoced whigs in the path of resisieeree. Urn principle evidently guides and domlnates the tory section of the whip, and that is 'eddy. "Finality JACK" mar disown the namo in words, but in deeds he is pinned by his more retrograde col lea ms. Tao'r sy moathies and determlnaion arc m toot stly not merely tory, but n'tra-tory —what they protean and axp -and are the ideas of Lords STANLEY and NEOT terns, with the great exception that they deem it ding. roes to tax the food of all Englishmen to keep up the rent of sore hundred large 1 indholders. It is not that all difference hue ken sia.rothed ktween the whigs and Sir Bonner Pert.; bat with the exception of the One great mea sure, we defy any one to distinguish between woig4 and pretectioaists. The backward movement of par liament and of public men in England cannot be better exereeed thin be saying they have retro gni eel from CANNING to CASTLEREAGH. In such • state of general defection on the part of all m mbers connected with the aristocratic cl trews, of what nee is making motions in parliament about ballot and triennial parliaments co matter how raVonal, how me:derive, hoe cail-d for the re form ? inert is but one Testi y that would get it takes irate consideration—there being a popular clamour behind it. lot the people be quiet, as in lent. Let the middle classes give in their Te signs tier—as ter s-cm to have done—end the relaxing of the coeds' will inevitably have the effect of milkier the whip fall back oa the reckon, and the Pee:- ills on the uha-tories. In this they show but their natural (*liege and colour. It was only the Jibe:ahem that wee artificial. And where there is but one oral or just melon, as that of Mr. IYEeneotorrtre, the people may learn from the division upon it th difference between their true representatives and the sham I.lerals. We discerned same days since by anticipation the question of the duration of parliaments and charge te ri-tei by antienration the only miniwerial objections to triennial parliaments. This is that it requires two or three years to oomph to a parliamentary educa tion, and that a I riennial parliament would thus ensure List a rapid suceeation of ignoramuses. It is certainly cool and characteristic the assumption, that the people would never re-elect a candidate after his par. liamintnry education was completed; this speaks pet y 'riskily what kind of an education Sir GEORGE GREY contemplated. But the truth is. that it is infinitely too late for any one entering p rrliament to commence his political oducat;oo. What with nightly debates and daily committees, a member exercising considerable the rm and assiduity, can scarcely keep himself net roarant with the business of the day. To know a few que-tions pretty well, and enough of others to avoid any very gross blunder, is the utmost a member of parliament can obtain, unless his political educitiou has been made previous to his election. After that sweat, he may hire to wend his way with ease through the Treasury corridors ; may have that "pull" at the miles which excited Mr. BER NAVA innorrent indignation—he may also become bat r acquainted with that &seioline of the whip pers-in which we lately exp dish d upon—but the question is, is it for the advantage and interest of the people of Erglsnd to give a seven years' lease of mfinc °ce to their ?epees. Metiers in order that they m ghe Require such experience as this? Admitting that duration is the great preventive of crime, we do.,lrt if such education be not the very road to Tao i•l4. Went the ministerial orator most deprecated in the measure of • parliamentary dissolution, was the incon venient inde,tenderce and liberalism of members dlonnic the list yeas of a part amt nt ; the prospect of • @overly appearanra betote their electors rendered them quite unmanageable, and in fact de stroyed all the g red effects of their boasted educe' mn. The ministerial policy, therefore, is revere to allow a last sessile of parliament, but to el! rer a last session to be passed by membsts in • hippy ignorance of their approaching dissolution. It is ie order to give room for this manceuere that gove meet insists on the Septennial Act ; first, that members may receive an "duration which makes them f eget their cone•i•tients; and, secondly, that their teener of palitical life b'euffi-iently uncertain that in conveuient sec elite i ms and fears of their constituents may rot corns to destroy all the good effects of that *daemon. A mere bare-faced juggle than this it would he d flicult to find, defended by more bare faced ere flimsy sophisms. MINISTEER are appireetly afraid of the forthcoming triplet by the c nomittee on ordnance estimates. Tbeir &operate struggle on Thursday evening to get the romaa a brought on before members could read the renort, the shallow pretexts advanced to pallia.e their iseecent haste, and their waspih and wanton impuetwas of " vexatious oppooition," all betray the txtremity of terror. It ie not easy to sward the palm of absurdity among so essay romp .titorte, so equal are ths claimant the ed ucates he f *ring on the consideration of the estimate a. Lord J. ItirSSELL declared that t. he had postponed the ordnance estimates for a considerable time in the lope that the re pet would be laid on the table of the home : it had beet d ine that day, and he did no th bk it an unreasonable prapnetion to proceed with the votes now." If Led JotiN thought it decent to wait fur the report, one ohould imagine that 'he propriety of waiting a few days till mem bers enuld reed it, wee equally obvious. The CHAN CELLOR or THE EXCHEHtAtIe hinted that "it they did ace proceed with the subject, they would protract the swim for a week which he did sot think would be ail. iseihle." Sir CHARLES thioks the wanton voting of m me r not required, in a state of at.er ignorance, is a r r i I pe-cedilla and may be committed to save himself and o her good easy Ines the bore of a whole week of pultament. Sir JAMES GRAHAM thought "it ...cold be advi-ablo to proceed at once with the estin.n •up to the s:h of April last, taking the pe riod of 'be recess fully to consider the voluminous re port of the committee." Sir Jnees is anxious to have one lolly extravagant vote before he tu•na economist. H:s sugg-inion rem mhlts lister some old sinner who, wheu vi.e.l to reed the Bible, proposes to have a jolly debauch that night, and to begin to study repentance next day. Good-r allured Mr. BROTHERTON weS for aam ply.ag wits the request of ministers: "he felt that though they voted the money government was sot ohlig-d to speed it r All t • e speakers from whom we have quoted were, like S;r Taw Belch, "in admirable fooling." But Mr. BROTHERTON might boast with Sir Andrew A wa . ; r eek, that if the others " did it with a better he dii it the more natural." In the niaieeries of r.ll the mit there is a lurking meaning and purpose ; the a' suriity of the epeeth is a cloak to a shrewd 8 , 1 . er inrr ntion. LernJOIIN wanted to says appear wace-; Sir CHARLES WOOD to frighten the grouse.' chute's ; Sir JAMES GRAHAM to mores the com- 1 me-tem-et of mi , i.torial economy till i e shall have IA woe Char:cello . of the Exchequer. But the worthy ' militia for Salford spoke nonsense for sheer lack of meaning. The fool's cap, the appropriate nward fcr distinction in *no', a contest be hie : Ha won ft will, and may be mar it long. A more disgraceful exhibition on the part cf mi nieces and their &abaci vie nt Commons than the r - pested majaritiis spinet the patontiewit ul the eminence estimates it would net be easy to imag A committee was appointed to inquire whet is due- ti ma cal be made in theta esitinwee ; the cc n-oile-a ton of the estimates is postpon d till t', r vat of the commi:6 e is ready ; &r.l as s ion as wail-ten know the nature of the report, they strein every nese to peel the eetitnatee throu:h the boost• before it is distributed to the members. It is in vain for ministers to plead ign. raece of the contents of the report; even thru,cli the. treat salet, Mr. Fox MAVLE, vowel that he had kept the pro ceedings of the committee a dead secret hum his col leagues. Will Mr, MAULS directly sea unequivocally, without " mental resersatirna," &di-re that his toi -1 levees did not learn from day to day every:Wiz that. I passed in committee ? The statement of Sir WILLIAM Ilineswearrir respecqug a speitt: retrenchment re commended by the committee filly explains the eagerness of Lord Join RUB-ELL to prose on the money votes before the report was priuted. lie had no leer that his J a nizaries would reuse to vie any money he asked, eves after they hail read the report, but he was willing to give alai of them as sit for popular cunNtitutn its an opportunity to pretend that they had von din igno rauce. The vropeell to We the estimates with an unread report on them lying on the table STAS in decent, was susp . eious; and yet a majority of tee Howe of Commons was sufficiently lost to anion to support it. fhe financial and parliamentary reform avocet tions will do well to elreulate rep-in's of the disew -51011 of Thurs lay en the motion to go into commi tee on the ordnance estiamt-s, with tee divireon lists ap pended. More :hen any debate of the s 'aim, it w.ll show the people how their money is voted away, and what shallow pretexts their repreeettatives are emit . to accept at the lands of goveremer.t in pathation of the gror•e s. violation of their duty. the report se the debate with the division lists, are wide a tun dred arguments in favour of parliamentary reform. Thi y show how utterly unworthy the House o f Com mune, as at present constituted, is to be intrusted with the strings of the tastiest"! purse. They show how short a way the purest intettion., and the cleareat knowledge of the national wants can go to woke a reliable representative, unless combined will that character of stern self-reliance which is inaccessible to the insidious contagion of bad c impiety. Mary who would make valuable members in a parliarner t with a majority of men who entertained their own views and ,entiments are too soft to assert thin iu the c ntp . any of such as do not sympathise with them. Only in a parliain-nt where men with popu ar s. M.Mlbl,ll ore the majority can we hope to keep the puulic virtu f ordinary tempers nnrelaxeri. 'llaisy are aeheineit tit their own austerity in the cimpany of politi lens of easy virtue. On. important lesson, too, the earnest practical re formers MST I aril from the perwe dioge Thuliaai evenieg. It is the power which a resolute, u-.e.rni promising minority ponces of checking and exposing the laxity and lack of principle of a sunuervient par liament. The minority on that evening never fell below 20 (tellers included) ; but it was the dogged re gelation with which Messrs. Hume, Glnsus, J. B. SMITH, BRIGHT, and COBDEN placed their backs ag4inst the wheel of the in is ithe machine that kept the greater part of this minority to their duty; and these gentlemen with thew three or four silent friends could have accomplished the task alone. They who are familiar with the older volumes of HANSARD know that, in the earlier part of his carter, Mr. Hume has =thieved important victories with even fewer supporters. We hope this levean will not be thrown a ray upon the finale:is'. reformers in parliament, with reference to the cease less guerilla war against the estimates which they will have to wage during this and it may be many future sessions. THE return showing the progress of cholera from the 11th of June to the 12th of July, which appeared in the Gazette of last night, is it etru-Live. In the metropolis cares of cholera occurred in 13 districts during the hat nineteen days of June, where none have been reported since; eases of cholera have occurred in 57 districts during the first twelve days of July where none had been rep nted previously. Throughout the rest of England cases of cholera were reported to have occurred at 16 places during the last nineteen days of June where none have appeared since; cases of cholera have be n reported during the first twelve days of July from twenty places preview-1y unvisited by the disease. Two places in Seotiaad affected during the last niae teen days of Juno appear to have been free from cholera since, and three new placer+ have been attacked during Vie first twelve days of July. Ia all, thirty three localities, the seat of cholera during the last nineteen days of June, have had no cases in July; eighty phloem free from cholera during the last nine teen days of June have been invaded by it during the first twelve days of July. The epidemic is slowly, but decidedly, widening the range of its visitation'. In Scotland and the English provinces the num'xr of attacks and deaths do not appear to have augmented with the increase in the number of places aff.cted. In England (Lon don excepted) 2,026 cases and 811 deaths were re norwd during the last nineteen days of June, 1,432 cases and 524 deaths during the first twelve days of July. In Scotland 82 eases and 35 deaths were re ported during the last nineteen days of June, 87 cases and 30 deaths during the first twelve days of July. But in London there has been a masked increase both in the number of cases and of deaths. The total number I of cases in the last nineteen days of June was 91, of fatal cases 61; during the first twelve days of July there have been 453 cases, of which 278 were fatal. I Throughout the rest of the island the disease ap pears to have spread over a greater extent of ground I in July than in June, but without increasing in fre quency or malignity ; but in the metropolis its ter itorial range has been exteidA, and its malignity augmented. We are authorised to state that no groups of cases have been visited, on the part of the Board of Health, in which the warnings issued so long ago as Novem ber last have not been neglected. Even independently of such information, the localities where the disease has been most frequent and deadly would suggest a similar conclusion. It has crept in a great m-a sure along the banks of the river ; in Old Brentrord, Lambeth, Shadwell, Hotherhithe, Deptford, Green wich,Lewitham Union, and Wools; ich, it has been more frequent and deadly than in any other metro politan districts, with the exception of three : Holborn Union, Whitechapel, and St. George's-in ' the-East. the THE EXPRISS, SATURDAY EVENING, JULY 14. 1849. DOWNING-STREET, JULY 13.—The Queen has been rinsed tg eir in; Itlehart Blanatiard E q., to b. o.yernor .a. 4 Com nand• r-in-Cbief in 'yid titer tt.e Wan 1 of Van e.ver, r sod its deoen leneiee. Also to *pp tii.t James bleN.tb, El., to be It•ceir..r Gemini, Herh.rt Huntinron, IN.. to b. , Fit:lend:ll Seerittry fir the proidue , .4 Nor , ; sod further to appotht beet G teraway McHugh, Hi., to be Second Paine Judge of the Boyd Court of the Woad 61 it. Luck. RAILWAY MEETINGS. EASTERN COUNTIES. A special general maditg of the chars holders was held esterdsy et the L allot% Tavern, Bishopagatesstriet, for the purp as of electitg, or recommet sting for el.cti in, right pro oieson to be new directors of the , ornpany. Toe meting was censertect on the requisition of 15 proprietors. The chair was tak , n at 1 o'cloct, by Mr. ANDEttIiON, one of tne e.et srs Tee room wee 04 more than hatf full. Dr. RILEY, of Ware, u a large holler of Eastern Coon. ties emit, calmed the privilege of =akin; a few observe •Lns. He had been connteted with the line for mthy year., and he thera.s. • need not say how indignant he felt at the low state to which it had been redived by the base and evrar .gart conduct of the old directors— Ohters)— conduct which, as a Eacts' practitioner, he declared had twou-ht msny a nuts to the grave. (Lourthter and " Hear, hear.") To be promised 10 per cent., end not to obtain 4, was a must serit:us matter. (Ques , a.n.) Let them take care who they appointed as the new directors, Mr. WII.COXON then roar, amidst much confas'on, to pr,..p.sso a list of new directors. (A y.uce, "No speech.") kh ~•..ul,l propos.: the wets according to the m siseity 01 v.,* that each gentleman obtained upon the esmatittee of elntion. He would now move, " Thst this special meeting rs ummend that Mr. Broadbeet, of fessocheater, be .Iscel a new director of the E ”tere Counties C.mponv, and • rtiqwwit that all proper tr.etsurer be taken by the existing card to place the said Thomas Broadbe%t in office forth ret4s." Mr. CHRISTIE seconded the mottos. . Mr. BM/ALE:ENT hoist(' the meeting would agree to the prate sect list in as short a time as poseible. They could not take a better course on that ocomimi. If they wanted lurther improvement they neu,t wait for an annual meeting. The bEt..itE I ANY said there had been received in the data in clue limn, 869 proxy votes in favour of Mr. Braad hti.t, r. presen.inst 1,699,10u1. of et ek and 21,679 voter ; in Istria,. it Mr. 84 , 12110 Bet's 17 proxies, representing 11,3!71 .1 stock and 313 v tee; and Mr. Reed, as one of lb, gentlemen named in the proxies with Mr. Bette, had just handed dn him a paper in favour of Mr. Broaticent. It was eubsecamitly stated, as the several candidata were prop .a •d, that the proxies above unnamed had bean given in their favour. A SHAREHOLDER eliterved that as Mr. Bradbent Its., been pri..p.emd, the meeting ought to proceAto the Glen ' 1011. The SZCRETARY then rot the question, and The CHAIR 7,IAN declared thst Mr. Brosdhent had 'Alen electeu by show of hands. There were about six die. semi' ate. The ...salt war signals:Ll bye vociferous burst of cheering. Air. KENNARD put it to 'he meeting m exprus by show of hands whetli-r they would hear Mr. Witco:on or Mr. Box. Or ly two or three heads were held up in favaur of diving on audience to the latter gentleman, who, however, was net silenced without great ditfi miry. !Ir. WILCOXON then nominated Mr. Samuel Ellis am a director. Mr. CHRISTIE seconded the motion. Mr. Elvis was then chosen by a show of hands. There were two diesen.ients. Mr. WIL'.:OXON then proposed; Mr. Edward Ladd Batt.. A SHAREHOLDER inquired whether Mr. Betts was a ra:lway contractor Mr. CHRISTIE replied that Mr. Betts had never been cunreend with any contract un the Eastern Counties line ; .a.d, mere .v: r, he was desirous of bringing the while of his Lusinvs as a contractor to a close very soon. Mr. Betts had a very large stake is the company, and he was the first limn is this company who discovered that the accounts were not faithfully sod properly kept. He would work fey a year or two in the hope Oa*, by the ezniratim of that time, the line would pay a good dividend, and that he might then be allowed to wire. On a show of hands, the result was in favour of the candidate, there not bc.ng more than half a:dozen dissen tients. Messrs. J. A. F. Smythe and Joseph Glynn were then else ed on the motion of Mr. Wileozon, seconded by Mr. Christie. Agsiost the election of the litter gentleman nut score than one hand was hi Id up. Mr. Wit-ozon then propo.e I, or. 1 Mr. Christie seconded, Mr. T. J. Murgrays, oldie Crty Saw Malls, who was ciamen unanivennnl). On the proposed of the same mover and seconder, Mr Reed was also elected, the dissentients numbering on!y three or four. Ws gintlcusan nii, in reply to the foregoing question respecting Lord JUntsagle's bill, he did not know what she classes of the bill were, nor did he believe that they were known to say one present. (Hear, hear.) Mr. WILCOXON proposed Mr. James ream, of Mildea- _ _ Mr. HELPS trended the motion. The CLIAIRIAN then naked it any proprietor had any other eandi,:ate to provse. No reply having been given to this guest's" he sai-1 lie WWI rejoiced to find that there was no other candid ite. (Liter, heir.) He congratulated the meeting on the harmony which had prevailid ou that occa sion; and no one would rejoice more than he would to h.mir immeshes. of the prosperity of the Eastern Counties line. (Cheese.) A PROPRIETOR then proposed it vote of ibanke to the eh Armen ' r.ssarl his regret that he bad ever been associated with ',n al colleagues. The motion having been steonded, was pnt by Mr. HAN NA itii, and carried unanimously, with one exception. 1': ree cheer. were then given for the new directors, after whiah the meeting disiarved. YORK, NEWCASTLE, AND BERWICK. The report of the adjourned meeting of the share ho:ders rif this company, held on the 11th inst., and giv.n m the Express of the 12th inst., ommitted to state that Mr. Cnattor, a shareholder, gave notice that at the nest meet ing h• should move : "that it is expedient to complete the new board of direc tors, in order to terminate the uncertainty which has on long prevailed in the company. That the direct in be requebten to call a special meeting to elect new directors. That the names to be pr)posed shall he st nt by any shareholder to the secretary, who shall advertise them in the circular collieg tee waling, and nom them shall be chosen by ballot the regulate number to complete the board." MR. HUDSON AND THE YORK, NEWCAS'ILE, AND BERWICK RAILWAY. At the meeting of siiatelolders ixstpmed from yestetd;y, 'when is t, take place on Thursday next, Its ~ereoid report of the committee of invtFtigatton wiA be dittcu•sA. That top , rt, with the vo:uminotut minutrs of erideac.., upon which it is faindtcl, only reached us early this morning. The first section of the report relates to • IHE A PPLICAIIOIII OP Ilia VVIDS OP THIS COISPANT II TIM P CRON AIR OP 2.3,46 SIIAILES OF THE Slat DAY LAND DUCT CultrAWY..:l;tir — Cod atitt7e retcr former report as to the anti bi the shareholders of a rub . . seription by V•is company to tit Sund• rland Dock for 3,000 'haw, or 75.000 L That report also rutted that 2,345 additional Aires were purchased by Mr. Hudson in the Sunderland Dock nodal t kimg, principally in the year 1847 , end trans. tweed into the joirt aunts of himself and two other directors, sad that calls had been paid cut of the foods of this com pany, not only on account of the 3,000 shares originally agreed tJ be subscribed for, but also upon the additional 2,345 shares. I W:11 also stated in your committee's former report that 62,M71, 100 had been paid out of the funds of this company, up to the 31st December last, on account of the cl..ek trous.clions, and that the amount had been in- crossed at the rhde . of that report to 91,799/. 18s 114. There is now du. a funher sum t 5,8621. 10.4. for an unpaid call on three 2 . .45 shorts. Your committee will now Uri. Ili state the cirrutostanc.s proved before them, under which these 'Mitt' , ntl 2,345 shares were porchived, and their opinion thereon. At the Sunderland 1) ick Company's half-y.aly sneetind of share holders, hal at Sund.e.and on the 27th February, 1847, George Hudson, E'q. , M.P., in the chair, the chairman is thu• reported in ti.e iarksh , re Gazette of the 6th March, 1117. " The chairmen, in meting the aiop`ion of the mane, ex presso:: his continence n the undertaking p so eoofi4ent iß decd was ha in the success of thrs great work, and so satisfied was be that it wt.uld prays advantweenus, not only to this disttiet, but to t h e whole of civilised Europe, end centrally to the would at law, that he was prepared to take up ete shares of any gentleman at par, who might be disposed to sell them.' Your committee have referred to the minute books of the company, to ascertain whether any resonation bad been pre closely come to by It, board of directote, to increase the in ter:lst held by this company in the Sindrr:and Dock, but they "lo tot find either a resolution or any intimation what ever that such a step wet contemplated on the part of the company, and all the directors deny any knowledge of such a purine.. Your commi tee especially direct attention bi the evidence of Mr. Ilud-on, Mr. James Richardson, and Mr. Nicholas Woad upon this subject, from which it appears that the lien originated with Me. Hudson, and wan communi cated by him tor the first time to those two irntic men upon the Bands at Sunderland on the morning of the dock meeting abate referred to. Imm•dia , ely niter the Sand:Thula Deck Mertieg, sumer. cue ors , harm were es.de Mr. Hudson nt rar, in socord-cee with ifs declaration at the meeting. The Mode in which tttie offers were made, as well as the anise par ried in th. it acceptance, fully appear in the evidence, and your c”mmittee do not feel it necessary hers to do more than express the opinion which they have formed, that Mr. Hudson was acting on Lis own individual responsibility in tin purchase of there shares, and that this company is not called urn to adopt a purchase, ruination whch the shareholders have not up to this day been consulted. Tour committee direct the attention of the ahareholden to the feet, that althouth Mr. Hudson states that he made the purchase of those charts on behalf of this comp my, no mi nuto of his hosing done so appears in the books of the divetore, until more than two years afterwards; not, indeed, until the apenintment of a committee of investigation was known to be in contemplation ; and then in terms which .assume the puvious ignorance of the board The calls which became due from time to time, on the Dock shares, were paid out of the facds of the company, end entered lc their betas when made; but were kept !rem the knowledge of .he shareholders, by excluding the amount from all the half-) early accounts, until February last, when the sum of 62,6871. 10s. was entered; but no informa tion was even then given to the shareholders that any further interest had been taken in the Dock than the 3,000 shares origiaallysanctioned. It will be seen from the evidence that the tracsfers of the 2,345 shares were taken in the joint names of Mr. Hudson, Mr. Davies, and Mr. Withardson, but that these transfers have not yet been delivered to the Sun derland 1) ck Company for registration. Your committee have taken pains to ascertain whether the shareholders !newest at the half yearly wetting in Feb. last (when the company sanctioned the Bar Moor Branch Bill, in w hien was a clause authorising an eel irged subscript ion for the Sunderland Dock tothe extent of 150,0001 r, had any informe d on before them to justify the state neat that they approved of the subscription to that amount ; and your committee do not hesitate to express their opinion that no such information was afforded them, the clause never having been read, or its existence referred to in any way, at the meeting. They have, thtrefore, arrived at the conclusion, that what passed at that meeting ought not to preclude the char, holders from now determining the amount to be subscribed by this com pany to the Sunderland Dock undertaking. Your committee, however much they regret the individual consequences which may follow from the company refuting to adopt these 2,346 shares, are of opinion that they ought not to be adopted. and that steps aho'eld be taken to recover the amount which has been illegally paid. TILE ALLOTMENTS OP THE NIIWCABILI AND BERWICK SHAKEII.—The evidence upon this subject will put the share holders in possession of ail the facts attendant on the allot ment of these shares, and which are briefly as follow : The Newcastle and Berwick Railway was projected for the pur pose ef extending the line of railway communic ition to Berwick. Mr. Hudson, as chairman of the Newcastle and Darlington Railway, brought the subject before the proprie tore of that line on the bah February, 1844, and then eb tined authority from them for making the necessary surveys and ohms. At the next hallyearly meeting of the Nevicastl.. and Dulingr n proprietor", held on the 6th August, 1844, the director' of that company reported that they hail caused a survey to be made, and they proposed that a capital of 700,0001. should be raised for making • railway from New sank to Berwick, in shares of 261. each, to be offered to the Newcastle and Darlington proprietors, in the proportion of li share for each Newcastle and Darlington share. This proposition was "dented by the Newcastle and Darlington proprietors who resolved that the capital of 700,0001. be di , sided into 28,000 shares. The capital stock of tee New castle and Darlington Railway then coasisted of 20,e00 shares, so that to give one share and a quarter to the pro prietor of each share in that company, would absorb 25,000 out of the 28,000 shares thus agreed to be treated, and leave • surplus of 3,000 shares in their bands undisposed of. The shareholders of the Newcastle and Darlington Com pany, to whom these 25,000 shares were offered, pursuant to the foregoing resolution, accepted them, with the exception of 642 shales, thus leaving 3,642 shares of the 28,000 unap prepriated. The directors of the Newcastle and Darlington Company undertook the promotion of the Newcastle and Berwick line, which was in all respects an emanation from the Newcastle and Darlington Company, and was promoted by, and at the expense of, the proprietors of that company. Mr. Hudson ems then a holder of ,500 shares in the Newcastle and Dar lington Company, which would entitle him, upon the fore come resolution, to 625 shares in the Newcastle and Ber wick Company. During the autumn of 1844 opposition was raised to the scheme of the Newcastle and Berwick Railway, and a rival line was projected. This rendered • larger outlay necessary than the 700,0001, which had been first contemplated, and the estimate of the engineer was increased. The diretors of the Newcastle and Dar infants Company, than promoting the Newcastle and Berwick Bill, therefore increased the sub scription contract for the Newcastle and Berwick line to an amount equal to the increased estimate. Previous to the bill beirg introduced into parliament, Mr. Hudson executed the sub-cription contract deed for 8,000 shares; Mr. Breit., the deputy-chairman of the Newcastle and Darlington Com:any, executed it for 4,000 shares; and Mr. James Richardson. another director, also executed the deed for 2,000 shares ; but neither Mr. Hudson, Mr. Davies, nor Mr. Richardson executed it in respect of the shares to which they were severally entitled as holders of Newcastle and Darlington shares. Mr. Thomas Backhouse. Mr. George Dobsworth, and the late Mr. Richard Nichol son, who were all more or less connected with the Nescastle and Darlington, and York end North Midland Railways, which were at that time intimately associated in manage , runt, also executed the subscription contract for 2,000 shars• each; thus making an additional subscription for 20,000 shares in the names of the six parties mentioned. The r, aeon for this execution of the tuba:rip:ion contract has been fully expiaired to your committee by the solicitors to the company as having been merely for the purpose of meeting th 2 standing orders of parliament ; and it has been proved to your commit'', that no bona ple payment of deposits was male by the parties subscribing for the 20,000 shares. It sly cheques were given by the parties, which is very doubtful, the operation was a mere device, usual at that period with the directors of railway companies having to comply with the standing orders of parliament; and none of the six subscribers for these 20,000 shares professed, at the time, that they executed the deed on their individual account. The Newcastle end Berwick Railway Act was passed on the 31st July, 1845; and, at the first general meeting of the Newcastle and Datlirron Company, held on the 6th August, thereafter, the sharehold, rs were informed by the chairman that there would be a further issue to the holders of Neweasis and Berwick sharer, of one share for each two shares held by them. A similar statement was male by Mr. Hudson to the pro orie.ors at the first general meeting of the Newcastle and Berwick C mpany, held on the 30th August, 1845. The :Ointment of shares, as thus approved of by both meetings, would therefore stand as follovn Oeginal shares Aduitional allotment of out share for two 14,000 Or whiet it win be ob , erwed that 3,642 of the original snares, and halt that number, or .... 1,821 Total 5,463 shares would remain unepprommted and rev be accounted for by t -e da , ctlrs of the N wrestle and Darlington Company, wbo were also the dircc . .ore of the Newcastle and Beawick Com pan,, Year committee now And that, instead of the register of shereoldcr- carreatin ,rl;ng with the statement of the chair anus m. 40 at th^ meetings referred to. the number of regis ter* I share-, hae bees increased to 56,000, being more by 14,00 1 ) shares than the numaer which the chairman' . at etom.at would jusify. The meatus which have u en a *.arti for e..-rying on and Concealing from the shareholders the oper.stsm, while ii woo being performed, gbe Court. oiIIORNE, FRIDAY—Thin was no addition to the royal dtaltar party yestarday. Their Royal Highnesses the Duke and Duchess of ' CambriJge, and the Hereditary Grand Duchess of Meek'. n. ham titrelits, attended by Let,Augusta Carleton and Berne Knesebecir, honoured the Duke and Doetess of Norfolk with their rinipagy at dinner yesterday, at their residence, in St. Janses's.rquare. A deputation on the subject of steam communica tion with Australia, consisting of Earl Talbot, E irl Relent, Lord Lyttolton, Hon. F. Scott, M.P., Mr Duncan, M.P., Hon. W. Wrottesley, Mr. Logan, Mr. De &lie, Mr. Lennos Boyd, Mr. Jackson, and Mr. Nash, had an interview with Esti Grey yesterday, at the Colonial-efflee. A deputation, consisting of the Rev. Dr. Miley, Rev. Dr. King, Dr. Grey, Mr. G. O'Flaherty, Mr. Monte, Mr. Poulin Serspe, M.P. , Mr. Bright, M.P., Mr. M'Cul high, M.P , Mr. John O'Connell, M.P., Mr. Fagan, M.P , and Mt. O'Fiaherty, M P., had an interview with Lord 1. Russell yesterdAy, at his official residence in Downing meet. A dPptestion, (*misting of the Hon. H. Berkeley, ; Mr P Miles. M.P. ; Mr. J. K. Habtfield, m o pe o f Bristol ; Mr. J. B. Shaw, Governor of the Corparatiou of t h e Poor o f Bristol ; Mr. J. W. Buckoall. President of the Commiraioners of Sewers and Paving. Bristol , and Mr. Harris, Clerk to the Commissions/2,11yd en interview yen taday with the General Board of Health, Lqrd Ashley in they chair, to sustain an app:ication for softie! powers fur the improvement of the sanitary condition of Bristol. A deputation rel.tive to the railway from Halifax to Quebec' hal an interview yesterday with Berl Grey at the Colonial-office. The deputation consisted of idta.r.. w oe ,. ley, Thonme Birmingham , J. ha Wrigh t, J . W. B. Ke rr , Alexander Campbell, and Dunces Campbell. (From lest al{►t9 Gmette.) BUCHINGRAY PALACE, JUNE 29.—The Queen was this day plessvt to colder the honour of Keiehthoud up ma Celiessader William Winniett, of the Royal Nayy, Ciovenior of the Cold Coast. RENEWAL OF TILE TEN HOURS' AGITATION. On Thursday evening a crowded meeting was held in the Free trade Halt, Manchester, to renew she agi tation en the Ten Hours' Aet. The 114 v. W. IIt . NTING Dos took the chair, and after briefly opening the proceedings, :ailed upoe the mover of the first resolution. Mr. G. JOHNSON, of Ashton, moved a reso'ution ex pressing the approval ot the inhabitants of Maschester of the Ten Hours Act. Mr. P. HARDHEAVES seconded the motion. C HINDLEY, Esq., M P.: 1 am at the present mo on= in • very great p redicament, because I refused my support to this resolution when I was ask‘d for it in the I committee room. before the meeting. If you wish to know whether or not I am a supporter of the Ten Hours Bill, I tell you candidly that I am. (Cheers. But if you want to know whether, in the words of this resolution, lam an eremy to any arrangement between masters and men. I tell you frankly end honestly that lam not. (Ap plause.) I tell you that I think there is a disposition on the part of the masters fo meet the men; and I can tell you you I may bring forward bile, and acts of parliament as long as yea please, but until you egret to romething that will meet the sews of both sides, your endeavours will be mama. (Cries of " Ten hours, ' "No compromise.") I am a tea house man. (Loud ann.) But I will not be a parrot— (Lsagh ter) ; and merely say.' Stick to the Ten Hours Bill" when these is no Ten Hann Bill to stick to. You may either continuo to senate and have, as I under eland you intend to have, your 14 meetings in Lancashire, lead as many in Yorkshire, and endeavour to attain your oh- Jen in that way; or you may apply to parliament to have tee bill site red, end the shift and relay system put down. Yost may coke the opinion of Mr. Bretherton, or you moy adopt the advice of Lord Ashley. I tell you candidly I am a ten-hours' man ; but 1 should wish you to take the advice of Lord Ashley. as your most determined and most devoted friend in parliament—a man capable of judging, end who, I am sure, would not swerve from your interest for one mo ment. My advice is that ; but, at the same time, I eay with equal fervour and determination, as long as you stick to the Ten Hours Act I will stick to it. (Loud cheers.) 6. FIELD6N, Es 1. (son of the late Mr. John Flelden) was received wen prolonged chmrina, and said—Mr. Hind ley has given you four propositions, which yen have the option of taking: the first is to agitate. He recornmsr.ds you to do that, and I recommend you to do it ; and a few such meetings as the present 'mould soon put an aid to the necessity for agitation. The flex: course was to apply to parliament; but I have so little confidence in those who were our leaders in the House of Commons, that I s`.otild be very chary of trusting our cause. in that house. Mr. Ilindlc)'s tnird prorsition is that of Mr. lirotherton's, and, as he nye, that gentleman is very cantinualit what he says, for I could tot make out at all what hetneant:by his lett. r. (Laughter.) The fourth course is that recommended by Lord Ashl y. Tb-re seems to be s..rne difficulty in getting to kn what is Lord Ashley's opsni exactly ; therefore I tried to prevai upon Mr. Iliadic% ea come nick and state Lard Ashley's sentiments mere hlie, and to hear my answer to them. Mr. Hindley t ld me that le:rd Agony was willing to take, es a settlement of the question, 61 hours a week. Now, I recom mend you not to take 61 hours a we. k (" Nn, nu," and loud cheers.) I bare been asked fur my views, anteli state them feateessly. M. PAXTON, a workingmen, moved " that this meet ing, in the most s Irma and decided terms, express its disap urobation of the conduct of those millowners who are molat ing the law, and contemplate with alarm the affect which the conduct o' cerisin mstestntes m i t hese norm the pub , c mind, who openly emotion such breaches ot the low, in open deflates of the npininns of the law•rearistr 'les and the Qausn's Attorney-Gt sera] and Solicitor. General." PHILIP KNIGHT seconded the motion, which wet carried. A memorial to ter Majesty was adopted, conveying the spirit of the r salutlnne. Several votes nt •Itrlks were also agreed to before the pro endings tenninatsti. are such as cell for the strongest reprobation. If the moist r of shar. holders had bees mods up as it cw o ht to have mom, at the first inowdog of the NeweseOle aod 1 1, roick Colotenr. in Amulet, 1845, such an tame moil nit h.ve rah , re Isl-ce without at once exciting attehtlow But the register vas rot /4 made up, although the sematary had honed an oi veto tisement requiemg ail scrip to be sent in pei - o to that we. t mg, and ahutueolug that in the case of writs not Hut it., ate shares would be registered in the names of the *Kemal al ot•em. The cesium& rased at the meeting that the di rectors boa not hers oole to complete th ravager of shares, sad the shareholders wore thus inducted to permit the seed ing of the floater to ba deferred mod the memitig ing, in Motility, 18th. The secretary, when asked why the rug stet was not made up at the me , tiro in August, 184.3, stasis that he Woes the reason WS/ trust the whole of the shares +ere not then "moor am,l—a reason which your committee fully believe, for it now am pears that in the interval between that rueetit g sod the :cod lowing hallyearly meeting in lett...toy, 1046, porta,. had been pieced upon the rez ster as thereholiore who bed no title to shares, by r. aeon it holding pay bloatell in the New castle aid Dar:imams or Newcastle and Berwick C inspany. These additions were made ao an extent, sod invoking an amount of more, which your committee hope and believe to be without a parallel in the history of public 011Mptall1 and, according to the evideree, it wee done ewioly by the chairmen aed secretary, uhkoown to the other ditehoors, as stated by them, and certainly ai.heut easy minute, er all atry A ary description, in the saute-Woke the c oniony. The miheuce before your committee estahlishee ile ‘ e oct that Mr. Buds hi hos taken Or his own use nom the New caole and Berwick Company the extreordinsty conifer co 10 891 shares—while the number to which the resoluiletis tf the company ever which tie presided entitled him oats 937' only. Of them 10 , h91 marts, 2 906 wars obt theft he before the meeting of August, 1845, while the shares we re as yet strip, and when, as will be a.eu by the midi see, tau y were soling at vI y large po cilium.. When the north of Auguet al rood, Mr. Hudson had disp-sed lit all this 'trip— it must be assumed at these large premium.—for acemollng to the ocr. t.ey's evidence, all the milli come in for ri lion in the names of other ramie., ,end out in the nom* at Mr. Hudson. Your committee ea not i haracterise via ap propriation of rcrip by Mr. Ho Mon, on hit own authority and for his own to., other th es a moss H o e rata abuse et the confide:ice reposed in him by the ohareholo,rs. The mode in which Mr. liudfon aopropriated to hirroolf the other 7,9'29 sh.res is equally reprehensible. The rt go. ter of shares had not been sealed ..t the me, tiog In Atoust, 1°45. Mr. Ruction, however, (uolcueern to hie hr,a,r director,) as stated by them, recite!:i d tl e aeretaey to urtr r upon the register of the company toe nano s of req. a as thareholoers whom he well knew could have no right to be there. His own name was ins reed for cliff, reht boo amounting in the whole to 5,181 sh air. The name. 01 It' s licitore to tee company were plat , d en the regieter to holders et 1,%46 Amm o when they were no: so in tact. Ti..- sem o was dot.. to the extent of 816 et are 4 in the flame of Me, Iludoin's London broke • 85 its the name of the B:•cret er) of the company ;80 in t he name of the then 1112,11setT cal th , bank of wt ich Mr. Hudson was (+Litman; and 420 in the name of the late Mr. Richard fiecholstio The committee have it in evidence from the secretary, as well from the sold citon, that these entries of shares in their names were read, by Mr. Hudson's sole authority for his own prt tic ; and i appears that ss Mr. Hudson effected oaks, he mot sir wrote t the secretary to prepare certificates, which were made cu• concurrently with the trai.efer of than ato the muchssers, end the proceeds wire appropriated to his own use. The committee have obtaito d evidence of the value of shares in the market at the respective) periods when Mr. Hudson was thus secretly carryirg on them operations, ono they refer the shareholders to the qweatioos. It 'appears front this evidence that the profits retailed by him oa thew tronsactiohs must hate amour•td to 146,7011., if the sates were effected at market prices. Your committee have called upon Mr. Hudsn to explain these trarsections, and the shorehelders will fern' their ewe judgment upon the answers which his mi.:Rome presents. Your committee can have no hesitatien in expr.soing their opininn that the loilanstione, so far as he has rendered any upon this subject, form as joss t hcatiou whatever for the worse which he pun., d Thh sutiscrapuon contract was executed by Mr. limism tor 8 000 shares under circumstances which leave no doubt of the reason for its execution by him fir so large a bomber, and show meat incontrovertibly th .t he must have awed we a tru.tee for his brother stiareholdets. It cannot I. etappootti that if the Newcastle cod Berwick DOI hao, loan loot, a• d the expenses thrown up os the parties to the subecription contract, Air. Hudson would have coomme d to beer the proportion of Hants exothen which the holding of 8,000 shares would have cast upon him ; and, if such sons his in cantina, why did he out make a I,cata fide pw.ment of 12,0001. as the dep sit on tt.e 8,000 eoliths bele-crated tor i On the question of respousibility, which i: is said was incurred by Mr. Helms in the execution of the subscription cataract, this committee have to observe that he di I ho: consider at the time that he incurred -toy ; for in one of his speethes tc the shereholJere in the New• castle and Darlitigton Company, he oprealy stated that it the bill were lust he shou'd recootrueno that the exoetises he iletroa eel ary the Newcastle and Darlington Coninany. It Mr. Hudson, huwevir, was entitled t. tithe 8,000 shares, and as it is also urg,el the further hem of half a eltorc in re• 'met of each of the 8,000 shares, matte g in ill 12,00 d shares, it wuuld fallow that Mr. Devito, the ...petty chairman, was entitled to take 6,000 shares, and Mr. Richardson, Mr. Bath -11 use, Mr. Diseiswortb, and the late Mr. Nicheleon, each 1,000 ahar.e, making a total of 30,C00 shores, and thus leav ing for the b de of proprietors who were to have 37,600 shares, only 26,000 to divide amongst them. Mr. Dwies and the other parties, however, who signed the deed on the rime day, under precisely the same circumstances es Mr. Hudson, have never pretended to any right a to. g out of such execution of the deed by them, If Mr. H .dam OM. tinkled to the shares, he ought to have taken the 8,000 shares for which he mooted the dee', and the 4,000 chariot Hawing from them, openly end without any nectesity for his wing the a islets of other parties to ea incest the room and extent of his transactions. Beside., it the mot. executi. nof the deed is to confer the tight up in Mr. 11 ad-oa to these shares for hie own use, why has be not tuktii 24,275 share hooted of 10,b94; for it will he observed that after the pois ing of the act, and to . noble the solicitors to eutorce some of iis provision., Mr. Hudson executed the deed for 16,27 , i shares in addition to the 8,000 on which he now claims; and it appears to your committee that he might with equel son have token the whole. The committee direct attention to the mid. rce of the other directors respecting them large allotments of ehsr,'s. While it is clear that Mr. Hudson bas done whatever he has ,houvht proper in managing ant controlling the effairs of the company, your committee cannot too strongly demo cote the utter want of attention to the company's inter: set, which is indicated by the disclaimer of the direntors of all know ledge of these important matters. Your committee would have tip , ttet to find the director• holy acquainted with all allotments of shares, and that each alliement would hnve Monett the sul jot, of a distinct ho . od minute. The other directors have received, in addition to the ordinary remu neration of 2,5001. per annum divided betwixt them awl Mr. Hudson for the management of the compahy's attain, an allotment of 100 elates cacti, a number which your committee. without approving of the practice, believe the sharehoidert would not hove cowidered t» large, a though these iii.rrs re.cche4 high premiums, if there had h-en even ordi tary attention on their part to the company's affairs, but y committee cannot close this portion of their report wiolout recording their opinion that there has been, on the pert of the directors, the most culpable n. elect, otherwise Mr. Hudson never could have acted as he has done. Your committee recomputed that Mr. 111;4mo be required to account ti the company, without delay, for the profit he has deriv ,, d on the appropriation of chars to which he was not entitled, and that the company take such measures as they may be advised, to compel a restitution of these ma nest. Mr. Hudson has stated, but without offering any evidence of the tact, that some of these shares were pi emoted by him to other parties having valid claims on the core piny for services rendered. In so far as this can be estah'islied, there can be no difficulty in giving effect to such cases, if Mr. Hudson mutest° refund the profits on the other therm As to the allotment, of the York and Newcastle extension shares, No. I.—Thcs, shares were created by a rotolution cf the ohm holders ' at their halfeyemy meeting, , head as the 16 th of January, 1846, at which it was resolved, that scrip should be issued for an 10;ii , i capital of 1,600,000/., in shares of 251. each ; ' 500 of such shares to be allotted rateably to the proprietors cute Olt the regi-try of this company, and the remsicder left at the disposal of the directors." Oat of this ism. of shares it will be observed from the evi dence that Mr. Hudson, after having taken the promotion to which he was entitled in respect of his holding Newootte and Darlington and Brandling Junction shares, also wok 590 additional soars a in his own name and ti e name • of other per sons. One of the parties, Mr. B. T. Wilkinson, in whose name 200 of such shares were issued, was the then manager of the Union Bank end another, Mr. Richard Pearson, in whose name 50 of such shares were issued, was a clerk in the same hank. The aftraegate premium of these 690 additional there, would amount, at the time they were taken, to about 4,0001. Your committtee consider that Mr. Hudson had no right to make any such appropriation of shares to himself, looter only authority given by the resolution of the share holders, and that he ought now to amount to the company for the value of tt e shares at the time when he took them. While reporting upon this issue of shares, your committee must also call attention to the fact, that altonogh the 200 certificates were issued in the name of Mr. Wilkinson. as long ago as February, 1847, and were sold by Mr. Hudson. in April of 1847, neither the deposit nor calls mom •hem seams, had been paid by him, until after the investigation of your committee had commenced, And even then he paid no interest on 300 out of the 590 shares, although the purchasers of them had been in the meantime receiving disidends wery half year out of the funds of the company, as if the deposit aid c ills had been regularly paid wh-n they become due. B-sirs the 590 %harm taken by Mr. Hudson, your eons• mittee find that each of the other directors took 100 of thee., eversmon >hues beyond what they were entitled to, sr 0 1 which at the time of the anotmett were of the value of 0 , ' rye premium to each director. Your committee consider that he other directors had no right to make Ode adpropr alien of shares to themselves, under an y authotity given 'ay the resolution of the shoreholders ; but although D e e coot . mittee strongly disapprove of all such indirect mote% of paying directors for their services, since the transsetions have taken place, and do not im Av e a feces amount of less to the company, they do not site*, eny pro- c.odioge to be taken, hut that Mr. Hudson tooiso' o l he pot on a f setting of equality with the other dime'," by being al lowed toe benefit of an allotment of 100 o we ,. root committee find that 9,692 ' . „l this clan of shirrs, re main to this day unoppropriated. If they had been sold for the behelit of the company , 'they would have produmei a profit of 'bolt 100,0001., hP,:c although extensive sales have h..r.„made from time to * :eine by the chairman, for his own minute no such Wes .aye ever been made for the beneht of , the shwehoiders. gee committee eassosiss that the Melo- leavieg these steeples shares to the disposal of the di rect,rs, utivie it their du.y to dispose of then for the benefit the compary, sad not to take icy of then foe their writ. As TO Tee ALLOTMENT Or Tun BRANDLING JUNCTION Sn eults.—Tae lirouchieg Juiection Railway was purchased hy Mr. Hudson on the 13 la August, 1844. Oa the 16th of the Fame month, at a meeting of the Waterton of the New eerie and D.ltlingtoet Company, at which were present Mr. - r il h: dlun purCb li sse r. t D o av t ieC he jli N i e . w ilic esstl nat e di r. solved that' in ceneid.retion of Mr. Hudson transe.releg a:d, sad imai Mr.g . to Onzle Junction , it was It eilaey Company, on the same terms on which he pur ceased the ssil reilwry, the dat:eters of this company agree :o rive hie; 500 stares of the Lew there, rrop .sed to be issued by this company, to pay , the amount of parcbase." At a m , etieg of tne Nevecaseee end Darlington Company, heist 4th February, 1815, the purchase wes coefird, aud 22,000 stares in that company were creased at the meeting, en. payment of the Breedling Junction It (Away. These 22,000 shares were appropriated amen; the proprietors of the Neweaetle aid Ds-en 'tun Cempeny, in the proportion of one new share to cacti holder of Net cacle sod D 4ar metes rock —aed this disoesed of 20,000 of the t 2,000 B ran dl' lag Juretion shoe s. 1' wes then resolved "that the serplos be !faced at the d , eporal of the &recurs." At •he came meeting two proprietors spoke in highly iuloaistie terms of the services which had biers rendered to the cempory by Mr. Hudson, aol @agitated that the surplus shares be t reeental to him. Although roactualresolution NM :hen pa-rid or propel, d fur eiriteg such surplus thereat° Mr. Ho t ',l for his own percent! us., the it wi,taper report, of tee me -eine iieliciecre that the suggestions was received by th . w.ee•ing with tuu , h favour; and roue committee are intermed tea' a genera imprr , sloop. veiled at the time that the meeting wis . c.l Mr. Hudson to receive the surplus there.. No hitimasion, hue/ Ter, was made to the share holiiers at such m. eting of the arrangement for 500 shams contain( din tic ho •rd minute of the 10 te /tug., 1844, and it a i bvieus that the r •cuaths mede respecting the York and Newcastle Extensions No, I will apply, in a great me .sure, to this transaction also. The terms of the resolu tion parsed by the mewing, male it the duty of the e 'rectors t., dispose of these surplus shares for the benefit of the whole preprimary; end even if a el renal evolution in favour of giving these ehares to Mr. Hudson bed been petard at the meeting, emit a reschrion could not have bound the much larger teacher of shareholOgre who were shen. This con sideration acquires additional force when It is remembered 'list to torsions notion of any intention to move such a rem ! lethal h ci h• en given to Cue sharehohlere. On the du: March following the hoed of abettors ' at ei mee,ing at which were present Mr. nucleon, Mr. Daviee, Mr. Riehardan, and Mr. l'iews, placed the 2,000 shares at tio , retie' , dial)°, lot the chairmen. The 2,0e0 beares thus tie' a to Mr. Hudson were worth 21/. pr. mium at the time of the epproprietien be him, being .ouirelent toe hero. of 42 0001. ; but it is stated to your commitee by Mr. Close, that Mr. Hudson gave shares oat is" the 2,000 to the Milos ing parties : Mr. Device (director), 100; Mr. James Richardson (director), 100 ; Mr. Close Cseenttary), 50 ; Mr. Harrigan (eneinee. I, 25; Mr. u u b ur t Stephseson (engineer), 25 ; Mr. Wood (director), 20. 'lice euramitue hare tette brought sailer the nutice of the sherchold, re the leading tuts attending this transaction. As TO TIIR ALLOTMENT OP OaaAT NORTH OF ENG LAND l'unCKAbe NOAKES. —As to the allotment of Or.sit North of Euglend purchase slimes, your com mittee refer to the evidence which tea been taken upon this allotment, from which it will appear that 0,060 of these shares were not /soul d. As your com e:thee purpose., in th.ir final report, to ant r at large into • t e moister of the Greet North of England purcheae, they defer, for the pretest, any opinion on this subject. As to the purchase of iron rails for the Newcastle sod Bee wlck Railway, your committee refer the shareholders to the ...rids., end cII resprin once upon VAR ett,iiet, from which ft appears that on the 11th January, 1845, and immediately . '. t. re toe b II for making the Newcastle and Berwick Rail ', way, was submitted to prrlisment, Mr. Hutson cos:eluded a enc tree. which bed been petal: mace in the previous wieuth of Getober, with Messrs. Thompson, Forman, and Co. iron nasnefeeturen, et London, For the purchase of 10,400 toes ul bon TA. at 61. 101. per ton. Thu nest meet ing etc which any recuid appeals of the provisional come/lutes of the Neweastle and Berwick It eilway was on the 30:h hoe try, 1645, at which were present Mr. Madmen, Mr. Dm its, an. Mr. James Richareson, when it wee resolved to ether tee for tenter. for the supply of 20,000 tons of iron r. ia, and 'en advertisement accordingly appeared in the Railway Times of the Ist February, 1815, signed by Mr. fled...in. as chairmen, requiring tend re to he sent in. On tt.e sth March the same parties, with the addition of Mr. Flews, sew nit led, and teetiers were received from verieue ',preens. Messrs. Thompsan and Furman then tent in a send r, which was accepted for 14,000 tone, to he eup plied at 121. per ton. Veer other parties were permitted to eye, e 1,009 WWI each. It appeal that by arrangement we.h Thompson and Farman, Mr. Hudson was inter mil in • hi. eontract to the Olt' IA M 7,000 'MIN that qttenti_ty hexing been supplied out of the 10,000 tons purchased by Mr. nud ism at 1:1. 10s per tun. The prt.fit en the supply of these 7,00 d tons would annunt to 38,5001., and Mr. Hudson must have known that he tens r.cting illegally in being interested in soy such contract with a company of which he was chair men. PATNRISTS POE LAND, AND To CONTRACTORS ON THE Nl.Wek , •LB AND BEIM ICK RAILWAY.—Your committee, beget g referred so fully t i the No inside and Berwick abate 1 allutu.ents, would now direct attention to the mode in which the yen, eel heel. of that company wete dealt with at the concurrent period. Tee neat erenunt preseeted to the shareholders of the N e n castle and 13e/wick Company, was for the half year ending 314 Deceo.ber, 1814. 'that a , s omit, which will lee four , : in the evidence, e , ntrined the following item among the Ist of payments: " Land-37,350V sad is signed es "Audited and allowed January, 184 G. .. TWO!' Sc-• I:SUSTOW, Auditors - " HENRY IL11:11 A RIMIN, ) ' •• Your committee find that the actual payments for land at the period referred to amounted to 6,3r.0.11. only, sed that 31,001. of the abovementioned 37,3501. was not in fact paid, but had been lidera by Mr. Hudson out of the company's funds, and applied by him to his own purport. The rand, in which this was done shows the very loire manner in which the guile - ire tested the accounts, inasmuch cc, if they had called ter proper vouchers, none sueh c odd have been produced. It appears that, on the 30th De cember, 1945, Mr. Hudson took two of the c. nipany's cheques to the amount of 14,0001., signed by himself and Mr. Dories, one of which ch. wars wet m ,de peyahle to the Duke of Northumberland for 10,07101., and the other to the Earl of Tankerville for 4,0001. • and it further appears that on the following day Mr. Hudson took four other of the csmp my's cheques, signed by himself and Mr. James Rich ardson, and which were ?wide psychic to the following par . j.... e 's. ; —Earl (trey, 5,0001. ; Ltd y Mat y Sta..lev, 2,0001.; Sir M. W. Ridley, 3,0001.; Earl of C arlisle, 7,oool.—Total, 17,0001. None of these cheques were handed by Mr. Hudson to the parties in whore favour they are purports d to be drawn. These therines formed the only dnennients which were pre s• need, as vouchers, to the seekers, and it will be at once obeerve el that such a mode of audit presents en security wheteeer to the ehercholdere. In the case of this its mof " land," the accounts have, by this system, continued over charged in each half ye• r, down to that which is now current; fee the evides:CP Aloes that, until the appoint ment of this e enraltee, Mr Hudson ha I retained by far the greeter portion of this corn of 31,0001. in hie own hands, but on the day after your committee were appointed, he re stored to the company the !several sumo of 3,0001 , 2,0001., and 4,0001., which he had previously taken as on account of Sir Matthew White Ridley, Lady Mary S aeley, and Lord Tinkered's. The evidence further ows th on th 12th May, Mr. Heide= restored to the company at 7,0001.. e which he bad tokes as on account of the Earl of Carlisle; and that on the 14th May be fur t h er restored 10,0001 which : he but taken a' on account of the Duke of Ncrthuntherland. The whole of there SUM( were to refunded Ly Mr. Hudson, with interest fee ahnve thr • years, during which he had im properly hill the money, hut the shareholders will observe, that such Vise been the inattention to the real stale of the company's account., on the part of both directors and audi tors, that the solicitors have been sulesequtnily allowed, in some of the inetaaces referred to, to draw cheques for pay ment of the game land, and to the same parties for whom Mr. Rudest bad so obtained cheques in December, 1845, end the monies so drawn by the solicitors must have formed the sub ject of audit by the same two gentlemen who had passed the account containing the previous. payments. In the construction account of the Newcastle end Berwick Railway . your committee also find that me the 31st December, 1847, Mr. II udson drew out of the funds of the company the sum of 40,0001. un d e r circumstances which are fully de tailed in the evidence, and which establish that the accounts of the half-year ending on that day were °Teethe] , ed by that amount, under the head' of " Workg," inasmuch as the cheques which ennetituted this amount, viz , to Messrs. Rush and Lawton, 30,0001. ; to Meter,. II ittereley and Nowel, 3,0001.; and to Meters. Wits, and CO., 60001. RPM all taken by Mr. Iludsen on the day they were drawn and paid to his own private credit at his bankers. ha this. instance, too, the viAlance of the auditors appears to have been evaded by the mere production of the else game, without any evidence of the sums devisor reached the Perlin to whom they purported to be papilla, while, if that vigihosco had been rightly exercised, the a. d.tors mast have discovered the error , inasuatten as your committee have it in *videos , . f ,Olll 't.e clink who kept the leoeks, that the ..rdinery courage ot hur• s iness was departed from, and that no entries were made. of th SS sums, to the debit of the individuals in whose favour the cheques were drawn, but that by epccal Mot ruceioni from the secretary the clerk petted such payments to a distinct aeg eaunt, entitled " Works." committee was appointed, this sum of 40, 0 0 01 . 'Jai. your co w as etiendisit as • payment to the debit of this c om p an y. and 'the construction see. unt was to that extent ow rehired. Mr. Hodson, on the 15th Msy last, restored the whole amount... wilt 2,479/. 13e. 7d. for interest thereon. Your committee hying these matters ur der the attention by the s hareholth-re, ae in,tsoees of the imperfect mode in which the comany hi accou nts have been kr pt, and of the f and s and hook . of t he company having been so entirely and rr the conwed of its chairmen, as to enable him to aptly thus e f un d s to his own or the company's purposes, as hi. einem) fence re qQred. All the secun'y to shareholders, which the. a pp o int. ment of a ecely of direct/eve and auditors, and the rendering ' of a poriodical statement of see:matte are expected t o a ff or d, have, in this instance, become altogether nugah el. Your committee haver eh ,d ttyou Mr. lit .son to offer his own explanation of these matters. Ter', explaneti in is stated at length in the evidence. Your c ,mmittee will only observe upon it, that it besfailed to veneietee thereof any rielit I in Me. Hudson to have so &Mt with this company's Rinds, I end to have falsified its a...counts in the winner which the I evidence proves his to hove done, and they have it to the i shareholders to draw their own non elusions upon the fasts 1 when the evidence has e utabliehert.. T I " bil laaass Oa the foorarnikl 'oeiug to a gr eat extent an- Ks