The Express. — London, England, 1850-08-16 00:00:00

I:obbery is Tery treqweet oa ;4 tn , 4u .-t.s. The Queen. and indeed st is,:ape the intense beet of r,sp: eli.:cg on the Sth, ere: n: a war steeple? with arta. Ard .inmuc:•.oo to Modeirs. the 'b. general practice, 61,21 I;sn'a rotes IMO 1121011 et of the Lisboa ne w . e vth nf•re 571,095,600 rds . The .b. !oats de Credits Pablico is ;• eluding fee dividends on the ; • ' '0,771 reis; foreign debt. Tie exportation from Oporto haeary t, the 30th Jana has Ism . nine sad %9 yips@ of 'y -t stenos hare eccasioned get= •:!.4 z procluers. Th. mart west into r r ;lit da' for the Duke of Cstateidge. e it: anxiety of maim' d an 1. -ow. who is not a strong mat= he has been sefferiag severely the r. fore goiag fora few daye t. the nrnaal waters of Caldu de &Ma. • ;Lt.t ce has taken the charge of his C:tr.t.P.or Sant Cates), bother to the a r . oblip.d to keep his bed; nom study, hes iajoved his Eve nage on Loudon, 611 per 11:ecc..t.t on Liebm Bank notes. 6 to 6 10• Y !.~ '‘ Zot Court • wat slats yestosisy to the Rows of :te N.s.es of pailiemest - with a appal frost • Wray sad Prima Albert, 'needed by , lobes, the Lady is Wallies, sad the ..( Amended hem the sate roam by the the garde* Ileifeliai at 20 missies balers ; • state prowls' rra then hosed is the camas asveyisg Colored MaPtera, dal Caplets du lion. hi ortimer ifsarn Ushers - 1s Waniay, sad Captain , m a..iag. • carriage cos agiag Cabals • :1• -mat. R.N., Gram is Waiting ; . M &Hiss to the Palace ; and Mesas. Got. Pazee of Rocca ia Wailes/. Lt t• ear G;seral Warps. Rotary fs •s • te. 1 Bravais, Repterry is Walther • and Las•asaat•Colosel numb Rash 6ay ,;s rt lee Reba. • carriage essveyiag Colossi is Waitiag ; Calomel Lamella, Field et ..;;:r4 ; sad the Right Hos. William ilebeight •cr-?...4.er a the Rsumbold. A carriage Ca . v..oolks of D magal, G.C.Ii., Captain of to.. • Majcety'r B o dy Guard ; Laird iiiplaa• . Lud is Wititmor ; Lard George Lasso:, I%,„riert to_tbe Yeiaee ; sad Lord Marais t: Pig r• • of :zit aruithoid. A carriage muesli's tho Lady in Weatill4 ; the Marquis of 1..4.! Seaward; the Marquis of ARO.- : C :I Souk in Walnut/; the Minute of • C; .(i•mis of the Stole to the Prism. The '4 - 1-estisH w spe - 7 autmpje foots, - `' . her Moietty's Body Guard. The B.ate nor her Majesty the Qeees, hie Royal High. mut AlSert, S.O. th e Duane el Sutimbued, .. :re EdN.s. sod tie Doke of Norfolk. K.G . k j :1•.• 11.414. Lct l PAward Fi:tahla Howard, Vice slr, ec.aseted the Queen to the ewe eerie. A I^, -stir of the Orrassi.r Guards was ow duty oft , * ors, and ttet:rect her Majesty with tie usual ' , tad the national anthem. A detach. !iv (lauds foamed the 'wort. Tie crown well . t, the Roses . of Lords by Sir William Martins. ,:tnadottl PAatlly and Gant Alphonse de Mess. cs: - erre remit is the Howe of Fens during the r • :. .3 c: patlument Her Mammy enci Prince Albert, V 'AA royal suite, nterned to Beekinghain Palmas a:: t =.•..n.es past three o'elte.k. :,.es of Gloncestervisited the Queen yeater - •• : . trr . -Advccate General had an audience of "tricksy, sr.d submitted to her Majesty the pro .• courts-mantel. . : .V.bert pr+eaded jesterday at the council for a.. tent of the duchy of Cornwall, at the Duchy . • tn<net Hoar. the royal highness use at:ended by the Hos. C. B. Pbippe. Albett pram ded yesterday afternoon at a ac! the IL , pal Osmatission fcr the Promouon of the L too of the Weeks of Industry of all Nations to be held .'*:. hal royal !If wee arrived at the New Pakten of • ;;;_metee about me o'clock, attended by Colonel L The crriareiraore present wort, Rail Gran r_ Overmone, Lard John Russell„ the Right Hon. try Ltboachere, Sir Richard Wm:mew, Mr. Cubits, • Lmt.ake. Mr. Pasty, if P., and Mr. John Shepherd, cu ?Mb of the Host India Conway. Mr. Salt Rassell, ▪ ry In the Royal Conmaimicm, woe is attendenee. - -t. Re'd, chairman of the Exectries Committee. was mess. Dr, Lean Playfair mad Colotel Lloyd attended. • tenting broke up at half-past six o'clock. I e Queen and Prime Albert honoured the Italian f ;era Hoare wick their pralaree lrt evening. Her liajesty ar: kin It al Hifhliee IMO accompanied by Count Al i:am da Dieeltetar Posnly, and were attended by the Va. :later Ceara,. Lout Eiptiostone, Gemeal Weenies and :signet Houverie. A dalir.iieonteil wan held yesterday morning at Foreles-ofilee. L-rd Joie Roney, the Lord Chancellor, `e Ma►ia, of Lansdowne, the Earl of Must*, thr George trey. Viscount Ps:nssrstsa, Earl Grey, Sir John Hobbes's', Wl:tabs Hon. H Lebouebese, aad the Marquis Caul. on. &abraded. The council ast ens hear a*l a half. rAptgia Haigh had an interview with Sir George C, ►t the H0M114411.10 yesterday. Mr. H G. W. Sp rilag .:33 an Interview patordey with the Meta HAL lame. O'Connell and a deputation had an inter ?... eat Llad John Baenll yoga:clay at Lie official rasa -6:3 I! . ‘ _ _ _ '.c jests r Hogg had an interview with Earl ye.teresy at tlis Coloaisl•offi .. i-t hee:eslastioal Commissioners for England had eri•rr'. wning yenning. :e cAcers to be attached to the Board of Trade as !It carrying out the provisions of the Menai:lie 1.... in Captain F. W. Bonney, R N., F.R.S., and Wsjier. bas resigned his appointment of 1: to Ow Board of Trade. TO. plain will not UNIVERSITY AND CLERICAL. . o. 15 —Tin ItorLt. Cosmuselos.—A es • .e prevalent hers to-day that the royal ecommis. • .rs into the susimoity of Orford, will nowise of : • Tait, Dean of Cele. late fallow of BaDial 1.41. 11. cry Getter Liddell, MA., Bead Master ra School, late Modest of Christ Chords, and . • Jetta', Master of Pembroke College. It is also • . .I.st is consequesee of letters received from his t C Ls: man?, a mostiag of the beads of horn aid rt • . Si held to-moreow (thie day) is the Delegate's . •tie subje Kof the royal commis.iiJn. A meeting •• • matt' Board will certainly take place to. mor .tow that tha leads of holm sad proctors have .zu - .l.ed to attead. W. Arm, to Humor* C., Mirka. it. W. Becht/4h, to Thernaby P.C., Porkikk•:: i pat Met bishop of Pork. S Louse, to Ozwiek sad Tittleekall C., Norfolk. L N Brae, toll itaLata Cbapetry, Hereford. Lrowae, to Nestidited C., Norfolk. r. , .urecu, It. of Wheathill, Salop, to be Chaplain E:rae. A. drAkbora, to Dleld V., Sawa ; value 1801., ; pat., M. De Laity, L Croat, to Kiernan H., Wereseterabize ; value .• • T. E Vernal, Etq. . H. Decks, to St. Jolts the Evangelist C., Was . ce Dreary, to Saleabitry P.C., Lambkin ; valise maims; pat., V. of Blackburn. F 4.e harm, Is Trinity C.. Tottenhamo, Middlesex. tr. Fraser, to at. Pewee C., Snowy. Middlesex. Guiticttt, to St. Stephen's C., Haansausaith. L. Leath, to the Chaplaincy (tithe Union, Pea learados, to the lloooad hthatership of the Lotto*, litratordithiro. Minsiiald, to tit. Mary It., Blandford, Dorset: 1 . it,th madam : heirs et Fir J. baronet. • . 1 Newby, to ef. Mary, All Sainte, and St. Mat , Lumbers, Norfolk. . 1 W. Pitman. to Trinity C., Bt. Cilia, Loam. " lit , .edio, to Cliallaugh R., Sao& : pat., Marnsio I. , Aards, to Hooke C., Middlesex. 3 1: 'mid to she of tile Grammar B .triebbstre, to Si. boom the Orem C., Bethnal lz. ' M St. Alpltege C., Greenwich, TL , Peor, to Al Sainte C. Hnlghtsteidge ' . 1. • Wyatt, to Hawley Amiga C., Hants. • Whim, to Radial' C., Norfolk. • co. and erthdio.York; val. 931. with reeidemcon ' Ceske, Req., W. A. Wilkinson prom. "'".v.. S. Andrew, Y.C .Lancegire, dio. Manehmta, lt• P 4 4., bean and Chapter of Manwhester, Roe. W. ; ned. t :; *:• . `• •• • mi • St. l'aal, P.C.. Doom, Lemenahlre, dio. Man fist, Rev. W. Mitten bt kirk, P.C., Wil i tr il li a o s . d. Oloncester and L; MN. with residence ; pm., BMW" of Olostaseter , ltes. J. Atinshsld prom. nntipaithip of National deeletra Training College, .1 ... 4 , a , !tee. J. Hunter prom. , . ' 4 4 el tin Grammar &hoed, Monsonthaidn with ropttation, testimoniels before Aug. 24. "44,-.44 I tr School, Bank, ArMs4.-Zdeatereltip, Bee. TUE EXPRESS, PRIDAL AMINO, AUGUST 16, 1850. RAILWAY MEETINGS. with the No, 3 sod 4 dam wet rejected by a lap The ' y Weisel males wee thsa carded, sista* the Na 3 end Ns 4 situ* to peatilipete is the metal *rides& of lbe ldr 4:6lll . CakIIRTN raid, Mlle *Odes had onseakd to thr lid*Pallei at Mr. Swift, be geoid Nave eassidered sheet t be se lesser worthy et the ousidemee el the shereheiden. The eseepesy had to sesteed egmbse 14 MOW* ersersiee, ma be theeghtlie Shire Ulm AIWA se way rut mite I* the maser is they hod gelestled the ens mu earl jpeesseted helmets (Orreuttziewee.) - The pesseetts. ceselsard with vets et that* * the Odes* and directors for their amteporst et the euepeare stairs SOLITR-RASTREIN RAILWAY. A fluvial viand floggirbak et the tag mu held yesterday at the Bridge lame Eater Lr i don-bridge. The eitair was token at mes Vona by Mr. McGsgoon The mewing hiatus adegged a toll report, which had been circulated tamest dm The CHAIRMAN stated the the bill peemelail ia W ilm' by the Mummies to damaless the perseeme al la teral mita apisal alteellmathit ofigasinetemtheXia 3and 4 shsren wad t. agile *ma t o psettelpsoe is the panel dividead, was postheimai en She 0 3 , e . sin= of • prupintor etiy No. 4 ekum, dud Test ea to *ay that, the IA erketol, sad the ft... al the (MEAT WESTERN RAILWAY. ••Prtals Idled bY lam a lli tie No 3 and 4 shaft Wag en • The thirteenth half.pairly mediae at' this lassead. the dirallajvhad agedmselt lama as to th e 'Dempsey was bald yeseerdsy at the railway station at Brie. emirs* the eseapeap tbe iiIIIIMI , n II 410614 , kiILIIX ta. c. Brasau., UR., the chairmen of ire pyreue,_aad the melt woe they ew er th i e ses Nw hieur 3 sad 4 py shares ialeint bill set besis edlis lailisil% a in eiNw it- auf ievistmen isin7y t. sompeay, pro wiite.fluitoCimilliTtgAß Y katisg read the advertisement sem taberdsi:sersuM" .chid the egiallaMe afibe le t t a the m4 bay thappi al to psi. freissiti The Cli shootiar AlßMAlres a. asd said th at thews had bee* tack tki t oor in the towel dividend, becludeng th e half- y u l e current the Ant lielf sbor i e lk " is prnast illeir i. " at w ia rileh t"a ell year's &dared, without wallies fee the empletion of these their most impanel isassage nag beim es sinfully re lines for which Owe aphals wen snared. They ream- Mewed, earl se amply Hot ask report es b. wooled th at the swim* should be submitted to a general meat seasies was kappfly shaft' them usual, sad amain of papristore mae rially ravened for the purpose. be &aid eadasmar a sae the nine brill elmesiger to the heThe directors %mai ealturred la the views and ad- otwanstime it wadi be hie duty to adieus to them. Ia of cotiesel, and they were casident that AS proprietor' the sweet and is the matemeat of acigmas whisk bad been would pin their weellea to the stilliel% (Hear.) Tiu half- ithaellomod he hoped the propene:es maid have men that peaty sereingerould be held on the 19th of September next, the ann.. kit WSW 1/StrelW•ir union to arty out the at which time the respond= would be again submitted kw Mhos of the proprietors as expressed at the meetings to this coofinnatioro Hy the adoption of this measure they Irma he bad allow. Tb.y began= the espitel amount would piece the whole property of the eirempauy en a mai- a far a passible for Yam portions ef the line which bed fens sad periaaneat beefs, they would improve the is.. be.. eempleted, at rommameaded by the eseamittoe of eon- 1 piny 4 coedit, sad ealmass the to of their stock. Ile sultation. (Hear.) That eommittes calculat hat the 1 eencieried liy meowing a molutioe to the effect, that the 1 Amish= puts of th e lies up to December, 1849. would holders of the Na 3 and 4 shares be admitted to participate arms to 10,410.000 L-the unmet of liabilities still stand in the =mut dividemd sad in all ferns dividends of the ing oat applyicg to thou parts of th e lies was compaity, about 350,01)01. The ezpenditure en this part, Mr. KENNARD seconded the reeolfatios, of the line up to December, 1849, was 10.4071., Mr. SWIFT. se as amesilment, that the soles- and of th e 330,0601. they bad spe n t a b ou t 78,0001. as lion be set adopted, the mune w i Z wistd re pad to a broads of M paying ofi some of their liebilitleo, leaving a marlin In faith with this company, and therefore the shareholders can the um which woold, he cronfidestly lelieved, be sufficient se longer feel Des fi lance I. their prang chairman. The to meet every other Lability that could roughly arise. He =strut was entered into in 1847 with lb holders of the hoped they w..uld consider it as a proof that the No. 3 and 4 shares, that they were to reed= a dividend at a direeten were anxious to close Use capital account, that rate oro. exceedirot 5 per cent. until six meths after the they Mind= in the last half year 1,1001. which had °peeing of twain lion. Coesidering the litigation at pm been ap seded la cresting abode sad other productive works seat pending, it was eot clear to him whim they should have whisk on priMple =weld be charged to the capitol in the a dividend. He bald • very large interns in those shares, revenue account. (Hear.) The dinettes, however, did not and if the mutinies were carried, it would injure his amide: it desirable that for so small an .moat they should property, and would be very urjost towards other pro- disturb the capital account. (Hear ) The portions of the prietern Ile then entered into a statement of the proceed- line which they regarded as included in the Sniebed lines on I sip he had adored to oppose the bill In parliament, pro- whisk the capital was closed wen the lines to Bristol, meted by the directors, for the discastinuance of the Windsor, Newbury, Basingstoke, Oxford, (Beneath!, 1 papas' of intruut es the No. 3 and No. 4 thane. He and Cliellenkams. The espouse Warred in the unti -1 also wedeavourea to get a clean inserted in the mosey bill glib= or abandoned limes up to December, on which l kw the connotation of the payment of the b per cent. the capital mount ma unitised, were en account laterett on the No 3 and No. 4 sharer, which he domes of the line to From and Radatock, from Warminster to world meet the ease. From first to last he was deftediag hie the Collieries, and hoe Oxford to Birmingh am, tent i perusal Murat in tioe neater. He had told the sad Is, the mansion of the line to Sirsaingloun and Wal dbaum in April last that he would go en with the opposi- enfants= to the aorth. They bad aloe mended in the ties to the bil.s unless they cute ft Ina as agreement with general revenue account all the Hansel chargeable en the him as would place bias in the warm Milks in which he foUowing lines: on the Wilts Somerset, and Weymouth, would be if the bluedid not paw la this pressediag he South Devon, the Oxford, Worcester, and WolverOaniptoe, considered that he was &readiest kis own tamest. In the the Cheltenham and Ox&rd, the Cornwall lines, and the month of Jute his agent. Mr. Coates, ad the agent Plymouth Great Western Docks; and after including the al the empasy, Mr. Yeaablee, met several times whole of the interest chargeable on these =counts to the during ten Jays up to the 23rd of Jane on the mesas account, he tho•ght they did well to be able to subject of a compromise; but wires it was, as he seeintaie • 4 per cent. dividend on their capital, and at the ' thought, on the point of being settled, he received a name time arty forward a balance of between 24,0001. and letter from Mr. Freeman, the solicitor to the company, sat- 25,0001. from the worst to the most peoducUve half of the iag that it was aot creditable to prosecute such negotiate.. year. (Cheers.) The object to weigh the directors had I any further. He did not ti iak that it was possible to con. most aeximisly applied their attention was the develop/ant l duet the business of tbe tympany is that way. H. wished and improvement of the treffio (Hear.) That was, in fact, to avoid litgetion, and to come to an arrangement. The the great object to which all, railway companies most on oppositi went en ia the House of Lords with a view to now direct their aventioa. They would pencils obtain the continuance of the interest oa the No. 3 ad 4 from the report that there had been a small falling off during shares out of the new capital. At length it was agreed that the last as compared with the preen= half year la the the panes should meet Lard Redondo to discus the traffic returns. That circumstance would unquestionably be matter t Mr. Mimeses, Mr. Coates, Mr. Venable,, and calculated to make them doubt the principles of the steady Wessell were present, and It was understood by Lord Red's- Mum* of tra ffi c which he behoved to be the law, which must dale, Mr. Coat., , and himself, that Mr. Macgregor, a the ultimately prevail in this 'mercantile and numufacturitig part of the mummy, bad agreed to pay up On interest en country , if they were not able to assign temporary and spe the No. 3 and 4 shone to the Slet of Joly, and to pay all dal useunistanees as the cause. He believed the falling off the expellees, amounting to about 130!. A long correspond- had resulted pertly from the great depression which had ens subsequent iv ensued, which showed that some mime- taken place is all agricultural districts-and they must dentaedieg exkied, sad ke was quite at a less to know from remember that theirs was a line which commeicated almost that earrespoodence what the chairman coamidars to be the entirely with agricultural districts. (Hear.) Their traffic egreement. He feared that this mode of proceeding would had fallen off also in consequence of the competition they have the effect of involving the company in eternal taiga- had had to enermoter with Isiglibouring lines at Wincloor, tion. (Hear, hew.) He contended that the meeting could at Reading, at Oxford, at Gloucester, and Cheltenham. not settle the matter by pa ei= the resolution; he would OP fair and mumble competitiou they did not complain. object to it, and he had no doubt it would lead to farther Every company which carried a line into a town war eon litigation. tied to expect a reasoneble proportion of its traffic. But Mr. SMITH hoped a committee of independent Aare- there was a kind of competition which he thought botO holders would be appointed to consider the matter. unwire, unreasonable, and unjust. He would Wilt- Mr. LEVY was auxins that every justice should be dome taste what be meant by a retinae' to what to the hooters et the No. 3 and 4 slime. If a promise was he coasidered an extreme cue, which had rc- held out that the dividend skald he paid up to :sly on these mealy oceured to themselves. The tares charged' ahem, let it be paid, and let the company keep he en- by the Great Wester* from London to Boating, a eagemmits. Parties might have bought the sham on the distance of 36 miles, were kr Ist class passengers, SA. ; err faith that the Munn mold have bets continued up to July 2nd disrobe. 68.; and for 3rd., 25. 11d. It was impossible last, to say that these were extreme or unnamable charges. Mr. LONUMORE did not consider the promoting a (Hear) Bat it se happened that the South Eastern line prr eye which was relined to by Mr. Swift ; it was one • line which prise fano they could hardly look upon as a which had for its object the protection of one shareholder at competitor or the Great Western, for it would be thought that the expense of the others. lie was surprised that such a a line proceeding Wroth. metropolis *.o the East to Dover negotiation should hive been entertained, _He thought it cad no right to compete with a Hoe proceeding west from vary desirable th at litigation sbould be avoieled,and suggested U.• metropolis to Eristol.-(hear, hear)-It so lisppened, that eons amicable come should be adopted to inmate the however, that that Use bad leased the Reigate toil finding general totems al the compony. (Hear.) It appeared to line, a nd by that muse they had obtained a line of &MOM hita surprioieg that with their lards neripts_l mile. ap- niceties between Beading and the metropolis of 68 miles in preaching in amount to those on the Great Wester Rail- =with. But the distance between the two points being 6S way, their shares should be only 131 or 141. each. He con- miles, and the distance by the Great Western line being 35, eluded by propane an amendment, that a committee of the they had undertaken to convey passengers for lower fares ' No. 3 and 4 shareholders be al pointed to confer with the than them charged by the Great Weston Company ; their directors as to the best mode of disposing of the question, and charge for first clam passenger being 7e. ' • foe second, 4.. 61.; that the trotting be =Marna toe certain day to be named. and for third, 35.-or at the rates of, fo r first, 1(d. ; tor se ' He hoped that Mr. Swift would withdraw his klialid. coed, id.; and for third, id. a mile. (Shame.) Such fares ' meat he was satisfied could not be continued bat at a loss, and the ' The CHAIRMAN explained that the object of the rem object could not have been to benefit the company whisk ludas was to cossolidate the interests of the No. 3 and 4 had adopted such a rate of charges, but to injure ethers. shareholders, representing capital to the mount of (Hear.) He could not belins that the South Enters Com -3,663,7001 , as well as of the Mu reds of the No. 1 and 2 pay would, on deliberation, thick it right to continue a shareholders, representieg capital to the amount of system so injurious to themselves, so unjust to others, and so 3,780,000! , toot-ther amounting to 7,433,700 L inconsistent with the interests of railways generally ; but if Mr. G. SMITH nil he thought it was very wrong to set they should it would become the duty of the Great Western es" set of shareholder' menet the other. They had all em- Company, at any lose or at any he sand, to counteract so en both= in mu undertaking, and he thought a oommittes lusts= sejurions an attack on their intereem.,(Loud cheers.) should be appointed to report generally upon the affairs of It was to ouch canoe, then, to this sort of competition (of the employ. He was quite certain this meths only fauna which he hoped they now knew the worst, for there were, be to pursue, tor if they went to a vote on the question before Waded, no other towns to which new lines would be them it would sot end there. Ile onsidereei that the cuss oyes= competing with the Great Western Commonly) party had had enough of litigation already. He thought -it was to this competition-to the return ticket that the holders of the No. 3 and 4 shares owed a debt of system which they were about calmly and carefully to re gratitude to Mr. Swift. courtier, end lastly, to the depression which generally pre- The CHAIRMAN ssii that Mr. Swift waa seta registered veiled in the agricultural districts, that the directors proprietor notil the half-yearly meeting in March last. The ascribed du falling off in the traffic. They hoped and be probable effect of Mr. Carlisle s iejenction would be to delay lined that as that depression passed away, and prosperity the payment of the dividend about one mouth. With reward returned in those districts, that traffic would improve ; and to the law proardinge of the Brighten Company, Mr. Bar. be luaus' them that every tarot of the directors should be low their engineer, had proved that there were no deviatiome directed to that object. By a new distribution of o ffi cers, in the works beyond those unlinked by parliament, and he tbey had placed the paseLeer traffic under one elan of could satisfy the railway comatimionen on that head. That, offices', and the p.de traffic under =ether. They had was no doubt the objects al the Bright= Company would he appointed Mr. Dryers, a gentleman who had bad much =- defeated, and the South-Eastern Company have a verdict Ia podium in the traffic of tho West of England, whose sir their favour. With regard to the want of confidence in him vices would be moot valuableOnot only from his local know expressed by Mr. Swift, he (the chairman) had only to say ledge of the towns he had referred to, but from the that he bad served the company faithfully for may you', energy and experience which be was known to pa and he was quite ready to give up hi, mat at the board as.. With regard to their relations with other rail whenever they required it. He did not ask the shareholders way companies, the altered position of the arrangements for sympathy of for sonfidesos is his management, because with the Oxford, Wooster, and Wolverhampton Company, they had so often expressed It at former meetings, bat he had comp ell e d theta to appear before a committee of the asked them for protection against that gentleman and those Howie Lords in the lest session of pediment. In the who acted with him. (Great applause.) That g en tleman report of the railway oommimion for 1849, some important had acted for kis own tole advantage in the . papers appeared, which had been pretended by that company Inge he had taken. He bad threatened a formidabre i =o- il to the commisaioners, and ifj the question were not now a shies in parliament to the bills promoted by the company, matter of °pullovers], between the two companies lie should sad mintitterfog the peat i e g oes e e w hi c h th a t gateman be gaits prepared to controvert many of the statements made I=l, Gad the consequences of gm* an noppnintkon, the is then rpm. It was not necessary, however. that he , as trustees, were bound to ojaados ott o s should do to. The Oxford, Wolverhampton, and Wo rc ester tutenitted to them from such a quarter. As a later be Company had, no doubt, stated their case u favourably was looked upon u 'O3IEIEO2 essay, but as s private hull- sr they could for themselves, and he war _quite Aiwa p r o mming him awn lateness be succeeded to interns - prepared to let the case stand on their statements. (Hear, lag the comingeiemers and other partite In hie favour, and boar.) In 1841 the Great Western entered into an agree. the sonseqsence was the bill was thrown out. With regard mint to lease the Oxford, Worcester, and Wolverhampton to the money bill Mr. Swift made a prevail to the alai hoe, which agreement was mortified by two subsequent that he would withdraw his opposition if paid a certain one am, enteredtnto respectively, I. September,lB44 mid ef newsy. (Great dhspprobe) He (the chairman) God A r t7sig . , 1846. The Great Western never thought of die m agreemonS,and until they were disputed in 11147 . tbe beard of sfirecters rejected the proposal ; they could sot Poring peinibly eatertaio it. The whole matter was detailed in the i eltre= • no ea any and len, they had id that attempt world be made ease between them and Mr. Swift, who bad Lord to counteract them on the part of the Oxford, Worcester, , es his side, and he (the chairman') bad Mr. Qua- had W o l ver h ampto n Company. It Wowed, however, by a l ter mod Mr. Freeman, te to what took plan at the eosin- Mort an ted by the directors of that company to the ~,,,,, a n e w to b y bk. Swift. With moo d to th s mowe d sharehoLl en s on the 18th of June, that in August, a a sont asst oo , he th oug ht th e y boa 'bea m 1846, only six months after the lastazrange dVlressaet mmililerstion of that question until the airst meat- sent had bees entered into that they _ came tee dog, ma the 19th el Sepleisher, when the resolution he had lowolotion that it was not exped ien t aft the agreem en t , proposed kw their adoptke would again be brought before should be made binding on WitM, and in October in the them for cooefirmatloo. It had been proved by 'Quitter same year of 1849 it appeared that this determination was before p ar li amen t that more than the plugs of the m ow of taken by the Molotov., is consort with the leading body of the No. 3 sal 4 shores had bees alreedy impended is the the proprietors, and In that ease report of Jane, 1849, the wec h e Jos wink they moo mated. saddens we. a o fund left w ffire s e e eoro wn siormialesderl t with the Gre t t e w sha est r e eh ru ol c de o r m s p n an ot y. to to pay Interest With the view of gide, tb• mass of those U co n afiva der thew e w es a dividend the p res e n t m ums was Form& Tie eiresmatences it could cot be wondered at that their own wo ody rece ipt s wou ld ena bl e th e di n et t e, to Ow th em a legal adviser' should Imes told them that there was no dividend at the rate of 3 per east per annum= all the sham, agreement between the two complain which could be en and the was every probability, from the astarelsad increase forced is _equity. The agreement with the Oxford, Worcester, of this traffic, th at at least that rate of dividend would be and Wolverhampton Company, therefore, was absolutely maintained in future. He then proceeded to put the amend. terminated-(hear)-and it had been brought to an end not' meat by Mr. Swift. by say default et the Great Western Company, but by the pl e. P w olg7g d osai td oto o t h a t te e p ro p os iti on o f th e di rec t or s d'liberate and ao_neocted amt of the Oxford, Won:ester, and was a fair and proper weer'.. (Haar.)_ H e did met think Wolverhampton toompany. The board had had subsequent t h at m e. g a m itos id . samood fa his th res t ene o oe g reitimo cominuniestioos with that company in the hope of dough& H e o bj ecte d i x tote to thoopotata t ost of a romatress, b e . soma modified agreement, but hitherto without success, He was. however, not without hope that when the more urgent awes that world give Mr. Swift an opportunity of getting tbo materials h e wai t e d, mad tb eee f ore h e h o p e d they t oosA Obligations of the tospeny were fulfilled, they _might be able ssasiesessly riled the amendment. to some to some anangemeet with the Oxford, Wassetter, Mr. KITH emen d e d th e assoa d at sat of Mr. Swift. &ad Wolverhumptoo, which would enable them to complete to y o u their lies. The nitersets of the Great Western hid always mose lits i m . Wa se ht g li w W w il i r cee dt ag N "Peesimi t e ce o h tb e is aszi at t ee t ee - o f a t h e been idemtified with that of the other company, and he was miderable Mums that they should continue so to the mid. (Hess, moiling to certain alleged iiieff mania% 'vim a - hear.) The proprietors however, might depend on this, spolime and cries of " Quad= ' esesed, which =du= Ida "Crekfeetksr, teat no agreement c ou ld be entered into aunt it bad s;r waded that th e com p an y h a d p ewit i n th o I s tr eoThL preeeated m r ar th:lll he , ar sof had o riv ot ed their ilb ma l t:: w a d mossy kill to pay interest out of the new kale woe further o b„ rea ti che sa d as o s asuoso, the the Oxford Worcester, and Wolverhanaptos Com ing by a pay UM, other subordinate arragements. It ganal.010.111.14•84 y Mr. Swift won put' ad - woe *nett thisireble to facilitate the push', of the ill gifiipifek soma d e d s p o ll w id e % h. artotassds Dm. 01101 d, Wonsester, and Welyerbemptos Act, _end _the ahead llir- Mad le withal/saw, Is 'of so eglanation from ming eau . Ado that the _ p: et _ _ C a ul time. 1„„m„,„ be purelissed ; MI it was Sowl by Oa Vapid, WOVOIM t that, lmr' s ., a _ o ,, o 7,:ieh omemom - ; -- m e l t 000 s uoo ssaass - ' " on arias 'militias being pertermed, therre s e n trit s 'estern 1 1 - 111 litilinwww ce-...- " wa ll .....geed wr:lases°B47:ll e. aesewhalmise lia." - - malaria id fart awl WoltfahamPtoll ComPlaY gager aa • m...,"", '",.... - .7,,,,t 0 „ ---- oo '- sea Company, 'as the parchmen of the Caked sad Birmingham '"*" "'-' " Fr- d e d Hue, should become the purchasers of the Bunked Canal. mita, be a eta of ukeis Tbe pe tw intripal sano me tiga ditics ia lbe wu n , iusi that o t f h , er ie sh thoes ould h ttain tworsm a par wAnikamenalle. smThillwkihoPreltssedigem by Mr . 1•0 0• WOWOUI Sid E d % to mkt wish Ike &value se lo the ass. The Great Wean Company did apply for the act of pat- Huang *kW three yens, and earnestly sad sensuously oradmemeed to abide IL ore long as they were is be the swam of the Oxford sad Bismingleam lla. , and the teethes Miles Odard, Worcester, and Wolnehamptea, it was ki dlike's& M them whether they held the morel fa the one or the otheeeepethy, bus when it lees made Mowed° them that they wen as keen to be the imams of the Oxford, Wonsan!, and Weinehempise Despeay, eau was altered. Timm thelf MS bard M sand ea their eights, (Heer)—eadmileatio Oiled sod Woolverbasepto• Company let melee eadmeremod 1s lateeduse a bill which would have safatasd walla* the Great Walton Company re sisethl_agear.) TM alinstlea was 'thread to a committee of 168 Mews el Ladle met by. ho Wined. aanneabsone diddle, the wacseat of OM awmadthe was We, Moths faun. dawdle if that bill. omit*. same egreenesset the team of the 01 =enester, sad Wolverhampton Cosmos, arose also • that win inserted in their act, enabling the railway ofeeseimieme_ SO call upon the Goa, Waster,com pany, ewe sews drteautasm, to complete the Oxford, Wauseo.end Welverbamptou line. Tbat obligation, how ever, wr i t= dependeat as the understanding that they should be the limns of the line, tor had there not been ea annsimat to this efest, nth a proposition cold not ban been resolved by the Great Western, or even made to them. (Hem.) The railway soisminionen, however thought it right to put a mare assiedeal coast:win on the clause in quasakm, sad sidled on the Greet %nem to esim plete the Gehl* Woreneee, and Wtheshamplaa line. The board took the best lege* awn an the IfesNem, and the m eal% wee thee they were salidisa the same Muse must attend three proceedings width bad attended the legal pro ceedings thicketed by the mmatheleasse to compel then to reduce their tsars; and that if I. should auto be held that as administrators e 4 the Oxford, Worcester, and Wolverhamp ton Direction, they might be compelled ministerially to com plete their Use with their owe feeds, and at their owe risk ; they were still amend by the wit compete authority that not only wee there no obligation, but that no power had been given to enable the Great We tern to um pets that line at their seat and at their risk. Having first adverted in paining to the ineeedings which were instituted by the railway commielonen to compel the reduction of the tells on the Great Wester., he doubted La wh t eth hat e s r u a bi laos eictlea fit"g the pr °P ett lani t. I T 'lm W° p uj r d op ar ri ill eton for l z ial r f i rtm ig time to time seen notices of that proceedieg in the news. papers, but be thought It right _to slats the fate to them in • collected ions, ad he shou ld do so very briefly. They might remember that alum April wain, 184% a immortal was seat from their neighbours in the town of Bath, insti gated, as he had strung reason to believe, by sting oppo- Lents of the Great Western Company, praying that the commissioners would call on them to reduce' their tares under the as by which they were to become possessors of the Oxford and Birmingham line. The 400•761/4011STS de terratheml, act, however, upon the grounds suggested in the Rat 'aerial, bat ulna other grounds which bad been detected, as the memorialire supposed, by the legal eyes of the rata nathioaers, but the comae...eaten did all upset the Great Western denten to reduce their tolls. They (the direc tors) were much Reprised at each • demand, and took the beet , :egul advice in their power, and having dose sou they cemmusmated to the railway ocinuniodeaers, remonstrat ing against their procuslinep,aad infonalug them also not only of the opiates they bad received, but also of the case which was submitted to counsel, and on which that opinion was given. Thee commissimen, however, determined to waxed, and it was officially announced in the House of Lords that the directors were contravening the law by levying larger tolls than they were entitled to. They felt satisfied of the justice of their case, however, and were determined to await the decision, on the appeal to the tribunals of the country. After a year's delay, a day—the 14th of Much, he believed —was fixed for the hearing of the case; and on the 13th, the veryday before that for which the hearing had been 1 0 K:coined, the directors were informed that some error in ' the prosodiese had beta committed by the law of:Been of the mown, and that the origins' information mast be token off the file, and a new information filed. The directors remenetrated with the railway oommlwioeiers an the extreme hardship of subjecting them to a second suit gad double Merges for the action—(eries of '• Slime")—because they must understand that this beteg a suit instituted by the crown, whatever the result, the company must psi their , own ems. The railway commissioners still determined to Proceed, and, after the lapse of another year. is June last, the ewe having been seat down from the Equity Court to the Coon of Exchequer, the Chief Baron, in the most emphatic teems, declared that the directors of the Greet Western had in no degree exceeded the I law in the fares they had exacted. (Hear, hear.) With regard to their relations with other companies, the meeting would skein by the report that the South Wales line was opened on the 19th June, in which line the Great Western had a considerable stake. Consider ing that that line was an insulated line, and that there wen 30 miles of it sill unfinished between Gloucester and Cheer stow, argil which could not be opened till the spring of Lent year, coal:miss also that they had as yet no goods tunic on the lino, and that they bad received no remuneration for earryiqg the mails, he thought he might euotidt r their weekly troupe, amounting to nearly 1,0001, very satisfutorv. When they last met Legotiations were pending between the directors of the South Wales Company, with the view of endeavourieg to arrange a modified agreement between the two computes. He was wary to say that those negotiations had led to no satisfactory reent ; and as the directors of the South Wales line bed intimated that they considered those negotiations to be quite at an end, it would be proper that be should explain the leading features of the propositions which bed been mantle* ly made hy the two companies. The propene= made by the South Wales line was, that i the line should terminate at Swansea, and that for the first year of openicg the Great Western should guarantee to them 45,0001. Now, that 45.0001. must have come out of the pockets of the shareholder of the Great Western, without the slightest chance of • their ever being remunerated, for no one could suppose . that the South Wales line could do more than pay its working expenses for the first year—(hoar)— end they proposed that by progression that amount should • annually extended until it reached a guarantee of 120,00 47 . a year. Now, consider whet would be the apers tion such an arrangement ? The shares of the South Wales Company were at present worth 2W. or 221 in the attrket. Many of the present proprietors had purchased at that rate, and anybody who now ern to go into the market might purchase at that rate. The proposition, then, few a guarantee of 120,0001. a year amounted to • dossed of 101. per cent, on the actual value of the South Wales line. He wee sure the mooting would think such a proposition was too unreasonable for the directors of the Great 'Western to enter tain, and they absolutely and peremptorily declined it. The proposition made by the Great Western board was that the Great Western Company should give the South Wales Company the advantage of the Great Western unit in the way of a guarantee sufficient to enable them to ran whatever sum might be riectomy to ocmplete the line to Swansea—that they (the Great Western) should work the line when completed, without any prefie—and this was no inconsiderable advantage to the South Wales, inasmuch as it was in effect the ON of so much capital when capital was not easy to be need (and for this porpoise providing stock to on the line, a considerable credi. it would be observed, was asked in the report of that day) It was also proposed that the South Wales Company should retain the entire profits of their line until they reached 120,0001. a year, and he was satisfied no one who took a reasonable view of the question would consider that the line would realise much more than that for many years to come. (Hear, hear.) That proposition gave them whatever profit. might result mom their line, seed what more could they fairly expect ; and it the Great Western granted more where was it to come from but out of the pockets of to. propri-tors ? He hoped the South Wales Company would yet take a more calm view of the question ; not that he complained of their panning their twit interests accord ing to their own view of that interest, but he did oomplain that they did net think it right that others should act upon the sews principle. The South Wales Company could not and did not assert that the Great Western had departed from a single point in their 'apartments to them ; indeed the chairman had exonerated them from a thugs of that kind at a public meeting of the proprietors. The vituperative language in which the South Wales Company had indulged against the Grist Western was because it would not enter' into an arrangement with them which was not in accordance with the views which the directors of the Gnat Western took of the interests of their own proprietors. He regretted that they should have indulged in such language, or taken a coarse calculated to divide those whose salmon in terest should unite. (Hear, Merl He now came to the subject of parochial burdens. When they ap plied to perlisment for a remedy for this evil, all the satM faction they (veld get was a reference to Lord Portmen's committee, which was Steele at that time on the general question of parochial messements. They (the railway into. rest) stated that the only e ff ect of that would be to tide the question over to another eeesloa, and that had been the result. One advantage, however, had been derived from this inveatigation—they bad nen enabled by it to place their case in a full and fair manner before the hobo 'stun and the public, and he bad strong hope* that the evi dence thus broeght out would form the basis of legislation in a future erasion. The last question he would refer to was the Audit Bill. The Audit Bill of the present ',Mon bad shared the fate of the previous audit Mils and been aban doned. (Hear.) They were much indeb ted to the share holders' committee for the labour they had bestowed and the discretion they had exercised in relation to this subject. 'lke whole case was referred to a committee of the House of Lords, when the intersits of the railway componies wars ably and energetically taken up by Lord Stanley. In that committee it was determined that two modes of audit should be emoted—the one a government audit, to consist chiefly of government office's; the other a shareholders' audir, to be composed of auditors to be elected by the shareholders; the shareholders to chose whether they would submit their accounts to the government audit or to an audit of their owe copartner.. This appeared to be &just and reasonable needs of settling thequestioa but that bill was abandoned, and a new bill wasi ntroduce d, Ice which a government aka was beet:putted into the shareholders' audit, thereby making loth sudita government MHO. Of anise the meet determined teetotalism was offered to that proposition, and the emenones was that the second bill shared the fate of the first—it wag &beamed. (Hear, bear.) It was meet satishabory that at sash summeive meatier they approached nearer to the time whoa all the works would be completed and the amounts would be aloud. He would now call upon the seorstary to read the report of the director.. Mr. SAUNDERS, the secretary, thea read she report, a follows : Ia compering the 111M1110 amount for the hot halt year with that of the corresponding period is 1849, there is one remarkable feature in it *pm which the directors consider it Chair duty to submit some observations to t h e proprietors. After making &nominee for the Menlo of the wl end Riater Railway during the first four months of 1949, as 0091priaed in the statement of that period, it appears that this toopoor kayo reunited is MO, ken passegoto, 8,6001. lees, although they have °snooped 13.000 more persons ; and le Ile manner have resolved 2,6091.1ds for mardandise, although they have carried as ensue of 8.600 tons of goods over the railwsv. The pond Wade, on the other hand, has droduced 1,0001. men in incesem leaving an &gadget' eficiency of about 10,0001. from th ose e esureesof traffic, not withstanding that the quantity of deeded proves to have Isere red la every department. The only addition to the Rao fa the interval has been the Windsor branch (about three miles), which was opened in October last. With respect to the underative receipts from pseeengen, the defieheney is mainly accounted for by the feet that the return ticket system weak abeyane during the four months M the our 1849, end the resumption of it has had the ffect et lowa* the average rate of fares. The principal tailing of has been in the linfeeleas pamengers, where the derease dumber' has not requited the thifuence of charge. to order to increase the receipt. ,of the sperm trains, the directors approximated the fares of the secoaddlass to that 'plebe amoebas in the beginning of April; and the result bag been that, whereas the proportion of first elms had pm- Timely been 125 to 267, they an now 180 to 246 ; and the avenge mum formerly paid by each express pamenpr, 12e. 10t, has become 15e. 3d. since the alteration of the fare. Them results thus aseerMined, will enable the directed egad todevots their very metal attention to the whole subject of panned fares, with a view to determine whether any and what revision of system can be resorted to for the advantage of thsatormlYe without detriment to the public service and se commodatioa. The difference in the sum received for the conveyance of goods,appeare to have been owing to two causes the one being the more extended use by the public of the mileage system of rates, which is especially applicable to the heavy loading and lose valuable goods; the outer being an altered classifiestiose deeded articled, rendered needful by the increasing competition in other modes of conveyance. Hader all circumstances, it i.e. beim thought desirable engage the 'styled of &gentleman in the capacity of a goods manager, who bad had long experience in the carrying trade of tbeWeet of Ragland, and the directors believe, in selecting Mr. Drew. for that office, the eompeny will derive benefit from his intimate knowledge of the traele, as well as from the devotion of his time and energy exclusively to that de scription of business. This appointment has been made by deans of en altered distribution in the duties to be performed by some of the superintendents, without any aug mentation to the general expense for the salaries of officers. The promised retrenchments in the expenditure of the company have already far more than unnaterbelanced that difference in truffle receipts, which bas been the subject of the preceding remarks, and the directors still contemplate a further saving in some items of charge. Referring to that of Compensation for Accident+, &e., it is proper to remind the proprietors, that it includes a fixed luayearly sum of 2,5001. placed against revenue, which has already nearly extinguished the claims arising feed the Sorivenbam ace dant, and will hereafter provide • fund to meet (shun con tisigissold leader Lord Campelre Act, that course, having hen sectioned at a former meeting of the company. It is very satisfactory to be able to state, that no accidents have furred during the last two years to constitute any mewed= upon deem thus appropriated out of the e output' 'a income. The only other item in the astound which bas not yet been diminished is that of " parochiel rates." In order to obtain some relief from that charge several appeals have been latelv dentate et. against asiessments on portions of tee line, and the directors trust that an equitable decision on each cues may tend in some degree to diminish the oppressive weight of local taxation upon the property of the company. Every effort has been hitherto made, but in vain, to obtain redreis inn ths legislature, although the anomaly and the injustice cf the present system has been again and again admitted The published statements of account aid &how that, after charging every expense incidental to the traffic Sunup the half-year, a net sum of 241,1371. Ile. BJ. remains to bt added to the former balsam of 39.7031. Os. lid. Deducting therefrom the ezponses of new works, the interest on loans. end the annuaies payable to shareholders in the Wild, Somerset, and Weymouth, and the Berko and Hants Ex tension Railway Compuiler, there ii a diep dads amount of 165,f 031. 18a. 85., which will admit of tne pay asst of the same dividend as before—vin. 4 pie cent. pet &anus, and will leave a balance of 24,3531. 18s. Bd. to be carried over to the present halflear. Alt the shard, fully eared up, having been converted into stock on the Ist July, Reordered at the last half-yearly meeting, the directors re commend that • resolution should be plated to make that dividend payable in the usual manner on the let of Septem ber, oa the said consclidated stock, and on the amount cared up on the 171. and Windsor sheds of 201. the directors have adopted the elan, recommended by the Committee of Consultation, of closing the capital account, and they have therefore represented on the present occasion under one Fun the total cost of all the lines belengieg to this company, whether opened, suspended, or abandoned, consisting of the amount which had been paid up to the 31st of December last, as well as of all liabilities then existing in respect of those undertakines, of which liabilities a porti.n only has been sinew paid, as explained in the accounts. COURVI lent u,- on die arrangement, the directors have c.urged to revenue dur ing the halt-year all the expenditure for new works and cr for additions to works ; the only payments placed to the capital account being those incurred distinctly for constsucting unfinished railways. It becomes neciptary now in respect of thou new undertakings, but principally for the use of the South Wales Railway, to order an addi tional stock of goods engines and waggons, which must be provided, in anticipation of the traffic of such lines. This requirement was referred to in the directors' report of April lase, and, in fulfilment of the intention then expressed, au estimate has been obtained of the pr. !utile cud of eight locomotive geode engines and 150 trucke, which are neces sary, and • resolution to authorise en expenditure not ex ceeding 40,6001. for that stock will be proposed to the meeting. In like manner an estimate for the construc tion of cottages, recommended to be built at the level crossings of the line, and an alteration of cue of thou crossings, to save the wages of policemen, together with the cost of some improvements and additional secommodations at statious, amounting in the whole to 4,0001. is sub mitted for appeovel. The period having arrived when the directors cocci ter it important to comrades the works of the colliery branch between From* and Rad stock, as estimate for it has been also relented by the engineer (which is mentioned in tie report) for the pas-pose of triaging that question ruder consideration at the present nesting of proprietors. The specific objects and advantages of the outlay for that branch hare been so re peatedly brought by the board under the notice of the ena, pany, and more especially in their report of April last, that it seems superflucus now to renew the same arguments in favour of it. Tree report of the engineer explains to the rroprieters the general state of which has been making in the few lines of railway ' in course of construc tion. The South Wales Railway was opened for public traffic on 75 miles between Chepstow and Swansea on the 19th June. The stock for working it hes been entirely sup plied by this company, in the mauler provided be the pre vious agreement between the two companies. No credit has been yet tided fcr the use of such stock, as it had been curly employed (or • few days before the end of June, but this company will be entitled to remu neration for it, and the amount will consequently tome into the next beityear's statement of income. It will be a satisfaction to the proprietors to know that the two informations which had been filed in the Court d Chancery against the company by order of the railway com missioned, to enforce a reduction of rates end tolls in conse quence, as was represented, of the requirements of certala acts of parliament, hays both failed ; toe loner suit having been taken for argument into the Court of Exchequer, where the judges decided unanimously, and in strong node against the legal construction contended for by the roe way commissioners. The directors have reason to apprehend that, however right they have proved to 'be, the comp:key may midi r obtain redress nor recover the heavy expenses incurred in them suits, inasmuch an they hay* been insti tuted in the name of the crown. A similar course ia now again adopted, for the third time, under the order of the railway commie loners, who have filed an it.forenttion in the Court of Queen's Bench to eompil this company to ectnplete the Oxford. Worcester, and Wolverhampton Railway, although they were previously made aware that there are no funds available for such as expenditure. It appears that thispromediug, also in the acme of the crown, is undertaken atthe instil/acid of a few influential landowners, and not as was originally affirmed at the request of the Oxford, Worcester, and Wolverhampton Company. The directors are advised that this must prove as unsuccessful as the two former informations. The accounts of this company have now undergone a system of audit, conducted continuously throughout the half-year under the constant supervision of a public accountant, employed by the auditors—who has verified every entry—and tested the accuracy and faithful noes of the accounts by an inspection of every voucher or document in support of them. The directors cannot but remark that this scrutinising audit menu to them so effectual for every pumas of checking and controlling the accounts, without impeding the business of the company, as to render it very undesirable that any public deportment should be permitted to interfere in the matter, especially as it has been admitted in a government report made to the House of Lords that the information so acquired by them may be used for purposes which can only be considered as directly adverse to the interests of railway proprietors. It is to be regretted that the other engagement of Mr. Cubitt, who had undertaken to examine and report upon the condition of the per way, have hitherto prevented his carrying that intention into stint. The directors have to mention that Mr. May has already made considerable regress with the investigation of the solicitor's accounts, which were pieced in his hand'. Since the general meeting in Infamy last, Captain Bulkeley, of Queer Lixtefe, the chairman of the Windsor Railway, and Dr. R. Prichard Smith, residing at Mortimer, near Reading, have been elected directors in the place of Mr. Wardell and Mr.Crosth wait*, whose retirement the board have to meshy to the pro. Fitters with much regret." The standee report, describing the state of the works, was also read. The revenue for the half-year showed as income, arising from traffic of 395,3811. 17s. 10d. ; from interest, rent, and other Items, 11.6881. Se. 7d. ; together, 406,9101. 3s. Expenses, 165,7621. Ile. 91.; bases*, 241,1871. Ils. SI. ; and dispoaable balsam er payment of interest end guaran teed liabilities, 184,8031. ISt. Bd.; from which a dividend of 2 per cent. on the gross capital of 8,072,5001..--181,4(001, would leave a balance of 24,3531. 18e. 81. to be carried to the cesdit of nest half-Jeer's amount. The CHAIRMAN having moved that the meet of the directors be received, read, adopted, and that it be printed and deceived, A SHAREHOLDER inquired whether the 360,0001. in cluded the claims of Mr. Macintosh ? The CHAIRMAN replied , that the directors were ad vised that Mr. Macintosh had no claim, or at least for • very small sue, on the company, and se the question formed the subject el • suit is Cheioery, nothing on account of that claim was included. Ma* A'COURT inquired whether the Interest on the NOW advanced to Ste South Wales Company had been H ' ? The CRAM/lAN ; We bold omelets entitled to the in- tereit from the South Wales Company, payment of which has been niegeended, and it will be charged to them. (Hear, hear.) Major A'COTIST then, amid some interruption, moved, as an amendment: " That the capital of the company for the future should he represented in the half-yearly statements, under the following leads-Ist, Fixed capital ; ' 2nd, ' Mittens capital; 3rd, ' Transitory capital ; ' 4th, Profit and loss account ; and 6th, Butneziptions to other lines, the interest of which is paid by the compeatee.' " Mr DULLETB seconded the amendment, stating that something anslegoos to it wee to be foetid in the manner in which the North Western Company presented their accounts. Mr. AVERT thought all the information required by Major A'Court's amendment was to be had trom the accounts as they now appeared, and objected to making any alteration nelson acme obvious advantage were shown as likely to result from it. He thought it was matter el birth congratulation that under all the circumstances, looking at the anima expended on lines which could not be produc tive for many years to come, that they were now about to divide four per neat., and at the seas time heading over 24.0001. to tt • next year. The CHAIRMAN said the secretary was quite ready to give every laSeronetion on the subject of the actuante. The amendment we. then put and negatived. A PROPRIETOR inquired the distance between Bath and Redstart, that portion of the line which remained to be cut in order to enable them to get the Redneck coal. Mr. BRllNELobserved that the line was from Froze to Redden*. Thy iIIOPIUBTOR. from personal knowledge of the Badatock coal, could say that if they could get it at Bath and throughout the line, it would supersede all other. The directors had congratulated the proprietors on haring the iron necessary to complete the line, but it wu no matter of congratulation, for if they had to bu y it row, they would get it for ft. a tom instead of 10L, which they had paid for it. The Rev. Mr. NICHOLSON Ins,tdred if the agreements with the Nnrth Western Company u to permitting the Osford and Wolverhampton turtle running over the Moue Valisy line, werestill in progress. He also wished to know the rate of tho negotiations u to the South Wales agre • n.ent. The CHAIRMAN declined to give ar.y reply u to the agreements will the South Wales Company, but stated that the agreeinents with the North Western Company were still an , but the UMW for bringing them to a conclusion had net yet &wired. The Rev. PROPRIETOR then complained of rations minor items of expenditure as to the lights at stations, chime to:uncle, fences, Ac., and suggested that the directors should turn their attention to thew manors. Mr. BERNAL explained that there wu no more expense for lighting and fencing than we, absolutely necessary for safety. A PROPRIETOR caned attention to an item in the ac counts of 1,7461. fur expenses of consultation committees and of spedal general meetings. The SECREIARY stated that this item wu composed of the travelling expenses of the committee who received nothing for their services, for law, stationer's charges, and other extrauedirary expenses consequent upon the inquiry and the special meetings. Mr. DALLOWAY suggested that no proxies should bo hued at the expense of the company, but that the 2s. 6d. stamp should be paid by the proprietor applying for the proxy and submitted a resolution to that effect. The CHAIRMAN hoped etch a resolution would not be pat without more notice, as it would in effect deprive those eharehelden who could not attend the general meetings from ezprosiog their opinions on any qUePti:ll of importance. The resolution was, however, sub ported by several proprie tors, and was put. Mr. AVERY opposed the motion, contending that such • rule would in effect disfranchise 9-10ths of the proprietcn. The motion was put after st.me aiscomion by way of amen num to the nrig.nal resolution, and lost on a division by 66 eats against 35. Mr. GORE it quired whether it was to be understood that the 1,4001., or 1,50 C/. per mile per annum they were called upon to pay for working expenditure covered the raisin] of working stock when required, as well as current expenses. He also wished so know whether there was a fixed rate for working the &arts Wales line? Mr. SAUNDERS raid the agreement less to work the Satoh Wa!es line and 'kir deducting all 'spaniel to pay over the net proc e eds ' to ttat company, the accounts between the two companies to be kept by a sworn accountant, there was no fixed rate. _ _ Mr. BRUNI.LL operred that the item of working ex penses included everything the traffic actually eost, but that it did not include a sum to he est aside for renewal. It was, however, to be remembered that renewal of the working stock and rails was constantly going on. In reply to another question, Tide said that the times of the Sunday traits were to fixed as to sive the opportunity for all the company's serysi.ts, as far as posoible, to attend divine worship. 'Pee original resolution was then put sr d carried, as was another authorising the payment or the dividend at the rate of 1 per cent., to be payable on and after the let of Septem ber neat. A resolution authorising the making of the line from Froma to Itsdstock and providing stock t..r the working of the line was nes . . put atd passcd without opposition. The CHAIIi.NIAN then propored a vote of thanks to the auditor', J. Dick( E , q , and E. A•kitson, Esq., for their va.uable service', whim was a-reed t.-, as was a v3te of thanks to the chairman and d•reclore, which, having been acknowledged by the chairman, the business terminated. STOCKTON AND DARLDIGToN RAILWAY. The half-yearly general meeting of the shsrehoiderie is this company was held at the Compsry•a Offices in Dar lington. on Wente•day, tbe 14sh day el August instant. T. METNELL, jun., Esq., occupied the chair. The r. c-sr • for the half-year, ending Jane 30, were shown 'o be 52,42.31., ant tae e:pendituc, including inte• rest, 69,2551. ; leaving a balance of 13,1401. A dividend at the rate of 4pa tent. per annum was declared. A call of 51 per ohms was nude, to be payable on the Ist of October aut. NAVAL. Aomman.—Arronnuorra, Auoror 12.—T0 Hod. ings L:nds. Challis V. Covostry, J. H. Graves. Ti Phamix: Surgeon A. J. Little. To Canntkss: Choplaia and Naval: Instructor S. Black. barn. To For: Mee A. J. Broadhead. To I:etrisution Midshirmen Gerald B. D. Callaghan, George H. Broadhead, Nod C Smith. To Dragon Midshipman C. 11. Wilkinson. 4 4164cn: Midshipmax H. M. Sandford. To 'fp aja :gar : Midshipman Thomas T. Dullfck. Strlantander : Midshipman W. H. Bingham. To lisgard : Naval Cadet H. A. Burrower. To Dragon: Navel Cadet H. J. Codiagton. MOVEMENTS OF HER 3i AJESTI•S 61111'6:J=111 at Ma. Latta on the dtti. The squodron under Commodore Martin wra absent.. it is said, at Madeira. They are expected back about the '2sth inst. H.M.S. ship ll,rcults at Gibraltar on the Ith, from Malta, in quarantine. /qILITARY. Tits VscaNT COLON ELCIEP.--As it was stated would be the case in last Wedneaday's Ezpress, the colonelcy of the Coldstream Guards, held by the late Duke of Cambridge, has been bestowed on General the Right Hoe. the Earl of Set...trot:l, G.C.8..0.C.H., who has rtaigned the colcnelcy of the 20:h Rent., which has been conferred on Licut.-Ceneral Lord Downes, K.C.B , who hue resigned the colonelcy of the 54th. The colonelcy of the 54th R:gt. of Fcot has been conferred en Major• General Wilelam Gcrdon, C.B. The coimelcy of the 7th 11.-gt of Fcot, vacant by the e:ecease of Maj:r.G.neral Ale xander Cameron, K.C.8., has been con- Arra on Major-General Alexander Thomson, C.B. THE QUFEII'S VISIT.—EDINIXRGIL—An official communication was received yesterday, stating that it was not the intention of her Majesty to accompany Prime Albert at the ceremony of laying the fonndaticu-stone of the Na tional Gallery on the Mound, on Friday, the 30th instant. This will be a great disappointment to the citizens, though it is still expected that the Prince of Wales and the other royal children von be present at the ceremony. The Queen, as now determined, will, on her arrival on Thursday after noon, by the North British railway from Berwick, alight at a temporary station which is to be erected at St. Margaret's and, entering her private carriage, drive direct through Rolyrood-park to the palace The Scotsman. LONDON SOCIETY FOR TIIE PROTECTION * Ol Vona° FEVALLlB.—Yestarday, the annual meeting of this society took place at the Asylum, Tottenham. At half-past 10 o'clock the house was thrown open fur the inspection of visitors, and at 12 o'clock the company assembled in the school, the Earl of Mountcashell presiding, to witness the educational examination of the children, who passed through this ordeal with great credit. A poem, entitled " Be Kind," written by the Secretary, recited by one of the children. elicited the warmest approbation. At the close of the ex amination she rublie meeting was held in the Board-mom. The report stated that, uwing to a vane ty of cassis, the income had fallen off during 'hr year; that 1.711 t. sr. 51. bad been received, and 1,5521. 13s. 61. expended, leaving a balance against the society of 1111 os. Eleven improper houses had been suppressed; during the year 17 young females had been admitted into the Asylum, 10 test to Mr' vice, sod 13 restored to their friends, leaving el on the foundation. ltesolutions in support oldie society were then passed, and the company separated at 6 o'clock. FATAL Lz.tr FOR BOTH HORSE AND RIDER.—As Mr. W. Minhinnett, Ender, and Mr. Georg* Merrifield, both of Tavistoek, were Warning from Whitchur:lt Down race. cones., after peeing Has king Shop turnpike-gate they rod* very fast towards Vign Bridge, at the eastern part of the town. Ily some cause ilinhinnatee horse struck its shouldet against the parapet wall of the bridge and tell. Merritield's horse, which was close behind, shied at the fallen horse and leaped over the parapet wall (lee bridge with its rider, and both were precipited to the bottom, a diatribes of about 30 feet. The horse was killed on the spot. Mr. /derrifield'e skull was dreadfully frastur.d, with an arm, shoulder, and thigh broken. He lirgered until the noon of the following day, when death terminated his suffering, leaving a wile end three children to deplore his loss. It was afterwards 1 / 4 discovered that Minhienett's horse had broken its shoulder; it hte eines died. An ienuest was held on the body of Mer." 7 ritield, and a verdict et " Amitleatal death" retittilel Eater Ilyaw Post. • , • • 1 . i i AEnni • 4 ' _ 4 IFt . I. t% . li v, 1 ..- I r a i • , i 4 i . . . 1 ' ,' 1 k Ii I, 1 ' 1 1 1 ~ 1 " )1 I I i . hi s r ' . :15...,‘ v. ~ . k v.. ) , . . is. 2 ... r ~... . r ...,,,:! . 1. - i f ; it .. r ' I, ~ , -,