The Sun. — London, England, 1846-05-05 00:00:00

. one-half of the net profits of the ferry Collections. The pi crvisions of this article have no reference to the ferries on that part of the river Sutlej which forms the boundary of Balwbapore and Lahore re ' speetively. Aarircu X. If the British Government should, at any time, desire to pass troops through the territories of his Highness the Maharaja for the protection of the British territories, or those of their allies, the British troops shall, on inch special occasion, due notice being given, be allowed to pass through the Lahore territories• In such case the officers of the Lahore state will afford facilities in providing supplies and boats fir the passage of rivers, and the British Government will pay the full price of ail such provisions and boats, and will make fair compensation for all private property that may be endamaged. The British Government will moreover observe all due consideration to the religions feelings of the inhabitants of those tracts through which the army may pass, Airric XI. The Maharaja engages never to take, or retain in his service, any British subject, nor the subject of any European or American state, Without the consent of the British Government. Aamcms XII. In consideration of the services rendered by Raja Ghoolab Singh, o, Jummoo, to the Lahore state, towards producing the restoration of the relations of amity between the Lahore and British Government& the Maharaja hereby agrees to recognise the independent sovereignty of Raja Ghoolab Singh in such territories and dis tricts, in the hills, as may be made over to the said Raja Ghoolab Singh by separate agreement between himself and the British Government with the dependencies thereof, which may have been in the Raja's possession since the time of the late Maharaja Kurruk Singh, and the British Government, in consideration of the good eon duct of Raja Ghoolab Singh also agrees to recognise his independence in such territories, and to admit him to the treaty with the British Government. pr i v il e ges of a separate ARTICLE XIII. In the event of any dispute or difference arising b e tween the Lahore state and Raja (Theolab Singh, the same shall be referred to the arbitration of the British Government, and by its deeision the Maharaja engages to abide. ARTlcr.s XIV. The liits of the Lahore territories shall not be, at any changed m without the concurrence of the British Government. time, ARTICLE XV. The British Government will not exercise any interference in the internal administration of the Lahore state, but in all cases or questions which may be referred to the British Government, the Go vernor-General will give the aid of his advice and good offices for the furtheranee of the interests of the Lahore Government. ART - max XVI. The subjects of either state shall, on visiting the territories of the other, be on the footing of the subjects of the most favoured nation. T his treaty, consisting of sixteen articles, ,has been this day settled by Frederick Currie, Esq., and Brevet-Major Henry Montgomery Lawrence, acting under the directions of the Right Honourable Sir Henry Hardinge, G.C.8., Governor-General, on the part of the British Government, and by Bbaee Barn Singh, Raja Lal Singh, Sirdar Tej Singh, Sirdar Chntter Singh Attareewalla, Sirdar Ennjoor Singh Majethia, Dewan Deena Nath, and Fuqueer Noorooddeen, on :he part of the Maharaja Dhuleep Singh, and the said treaty has been this day ratified by the Seal of the Right Hon. Sir Henry Hardinge, G.C.8., Governor-General, and by that of his Highness Maharaja Dhnleep Singh. Done at Lahore, this 9th day of March, in the year of stir Lord 1846, corresponding with 10th day of Rabbee-001-awul 1262, Iltiree, and ratified on the same data. (Sd.) MAHARAJA DIICLEEP SINGH BHAZE BAIT SINGH (L.S • ) RAJAH LAL SINGH (L.S.) STELAE Tar SINGH (L. S.) SHWAS C RUTTER SINGH. A TTAHEEW ALLA (I, S•) RUNJOOR MAJEETHIA (L.S.) DZWAN DEENA NATI/ (L.S.) (W.) H. liLuunntos (L.S.) T. Cassia. 11. M. LAWRENCE. Ft;ognmio. lconaoormEas (L• 10 By order of the Right Hon. the Governor-General of India, (Signed) F. CURRIE, Secretuary to the Government of India with the , Governor-General. MEMORA.NDITM OF A STATE VISIT PAID BY THE GOVER NOR• GENERAL TO THE MAHARAJA OF LAHORE IN HIS HIGHNESS'S PALACE, ON TELE 10TH MARCH, 1846. On the afternoon of the 10th March, the Governor-General, at tended by his Excellency the Commander-in-Chief, his Excellency the Governor of Sinde, and the British officers who were present at the ratification of the treaty on the 9th instant, paid a visit of con gratulation to. the Maharaja Dhuleep Singh, at the Palace in Lahore. On this occasion Dewan Deena Nath, by the direction of the Minister and assembled Chiefs, read from a written paper an address, Of which the following is a translation : "• It Is impossible for us adequately to express the gratitude which we feel to the Governor-General for his having determined to con tinue the ancient relations which existed with the late Maharaja Runjeet Singh, and for his generosity, kindness, and mercy in main -tattling this Government. " For the excellent advice which was given yesterday through kindness and friendship, to the assembled Sirdars exhorting them to unanimity, prudence, and good goveriunent4we are also most grate ful. We consider this good advice as having a direct tendency to effect, the re - establishment of the Government of the country. We have further to express our gratitude for arrangements having generously been made, in Compliance with our solicitations, for leaving a gar rjson in Lahore of British troops, with Major Lawrence and other trustworthy officers, for our protection and that of the city. " These troops will assuredly be honestly dismissed towards the Sutlej, upon a satisfactory settlement of affairs being effected, within the period prescribed for their stay, " The various acts of generosity shown by the Governor-General on the present occasion entirely satisfy us that his Excellency will ever maintain the same magnanimous and generous policy towards this state, and that taking compassion on the extreme youth of the Maharaja, his Excellency will maintain all those friendly relations which existed is the time of the late Maharaja Runjeet Singh." After the presentation by the Maharaja of the usual offerings, the Governor-General and suite returned to camp. (True memorandum and translation.) (Signed) F. CITRRIE, Secretary to the Government of India, with the Governor-General. :NOTE OF THE PROCEEDINGS OF A MEETING OF THE MINISTER AND CHIEFS OF THE LAHORE DURBAR AND THE BRITISH COMMISSIONERS, HELD AT THE TENT OF THE GOVERNOR-GENERAL'S AGENT, ON THE llvu OF MARCH, 1846. On the forenoon of the 11th instant the minister and Chiefs of the Durbar attended at the tent of the Governor-General's agent, when the following agreement was concluded, and subsequently confirmed by the Right Hon. the Governor General : ARTICLES OF AGREEMENT CONCLUDED BEWEEN THE BRITISH GOVERNMENT AND THE LAHORE DURBAR, ON THE 11TH MARCH, IM6. Whereas, the Lahore Government has solicited the Gover nor-General to leave a British force at Lahore, for the protection of the Maharaja's person and of the capital till the re-organisation of the Lahore army according to the provisions of Article VI. of the Treaty of Lahore, dated the 9th instant, and whereas the Governor- General has, on certain conditions, consented to the measure. and - treaty snoula De spe cifically determined, the following eight articles of agreement have this day been concluded between the afore-mentioned contracting Parties : ARTICLE I, The British Government shall leave at Lahore till the close of the current year, A.D. 1846, such force as shall seem to the Governor- General adequate for the purpose of protecting the person of the Maharaja and the inhabitants of the city of Lahore, during the re organisation of the Seikh army, in accordance with the provision of Article VI. of the Treaty of Lahore. That force to be withdrawn at any convenient time before the expiration of the year, if the object to be fulfilled shall, in the opinion of the durbar, have been attained, but the force shall not be detained at Lahore beyoLd the expiration of the current year. ARTICLE 11. The Lahore Government agrees that the force left at Lahore for the purpose specified in the foregoing article. shall be placed in full pos session of the fort and the city of Lahore, and that the Lahore troops shall be removed from within the city. The Lahore Government engages to furnish convenient quarters for the officers and men of the said force, and to pay to the British Government all the extra ex penses in regard to the said force, which may be incurred by the British Government in consequence of their troops being employed away from their own cantonments, and in a foreign territory. ARTICLE 111. The Lahore Government engages to apply itself immediately and earnestly to the re-organisation of its army according to the pre scribed condition, and to communicate fully with the British authori ties left at Lahore, as to the progress of such re-organisation, and as to the location of the troops. AirrisLE IV. If the Lahore Government fails in the performance of the con ditions of the foregoing article, the British Government shall be at liberty to withdraw the force from Lahore, at any time before the expiration of the period specified in article I. ARTICLE V. The British Government agrees to respect the bona fide rights of those Jagheerdars, within the territories cesded by Articles 111. and IV. of the Treaty of Lahore, dated 9th inst., who were at tached to the families of the late Maharaja Runjeet Singh, Kurruk Singh, and Shere Singh, and the British Government will maintain those Jagheerdars in their bona fide possessions, during their lives. ARTICLE VI. The 'Lahore Government shall receive the assistance of the Brit ish local authorities in recovering the arrears of revenue justly due to the Lahore Government from their Kardars and ma nagers in the territories ceded by the previsions of Articles 111. and IV. of the Treaty of Lahore, to the close of the Khureef harvest of the current year, viz., 1902 of the Sumbut Bikramajeet. ARTICLE VII. The Lahore Government shall be at libertyto removefrom the forts in the territories specified in the foregoing article, all treasure and state property, with the exception of guns. Should, however, the British Government desire to retain any part of the said property, they shall be at liberty to do so, paying for the same at a fair valuation, and the British officers shall give their assistance to the Lahore Government in disposing on the spot of such part of the aforesaid property as the Lahore Government may not wish to remove, and the British officers may not desire to retain. AATICLE Commissioners shall be immediately appointed by the two Go vernments to settle end lay down the boundary between the two states, as defined by Article IV. of the Treaty of Lahore, dated March 9, 1546. (Sd.) MAHARAJA DULLEEP SINGH (Sd.) 11. HARI/INGE (L.S.) (L . S . ) P. CURRIE. NHAEE RAM SINGH (L.s.) H. 31. LAWRZNCR. ILAJA LAIL SINGH (L.S.) STRDAZ TEJ SINGH (L.S.) SIRDAIL CLUTTER SINGH ASTAIIZBWALLAH (L.S.) SUMAS, HUNJOOII. SINGH MAJEZTHIA (LS.) DZWAN DILENA BATH (L.S.) FUQIIZER NOOROODDISEN (L S ) IV order of the Right H on . the Go vernor-General of India, (Styled) Secretary to the F. Rit Government CUrE Of India, with the Governer -General. TREATY BETWEEN THE BRITISH GOV ERNMEN T MAHARAJA OHOOLAB S AND CONCLUDED AT UMILISTED. ON 'TIM 16TH ex Treaty between the British Government on th a e 31" 1846 ' raja Ghoolab Singh, of Jummoo, on the other, ci c n e e nra t ed and Maaa of the British Government by Fred. Currie, E thage ., orders anuci - Breveto on t the Montgomery Lawrence, acting under Bitht Hon. Sir Henry Hardinge, G.C.8., one of herßritannie t i!r , Most Hon. Privy Council, Governor-General, appointed M aj esty's Most Hon. company to direct and control all their a ff airs in the - East Indies, and by Maharaja Ghoolab Singh in person. ARTICLE I. The British Government transfers and makes over for ever, in independent possession, to Maharaja Ghoolab Singh, and the heirs male of his body, all the hilly or mountainous country, with its de pendencies, situated to the eastward of the river Indus and west -ward of the river Raved, including Chumba and excluding Lahool, being part of the territory ceded to the British Government by the Lahore state, according to the provisions of Article 4 of the treaty of Lahore, dated oth March, 1846. ARTICLE IT. The eastern boundary of the tract transferred by the foregoing ar ticle to Maharaja Ghoolab Singh shall be laid down by Commissioners appointed by the British Government and Maharaja Ghoolab Singh respectively for that purpose, and shall be defined in a separate en gagement after survey. _ ARTICLE 111. In consideration of the transfer made to him and his heirs, by the provisions of the foregoing articles, Maharaja Ghoolab Singh will pay to the British Government the sum of seventy-five lacs of rupees (Nanackshshee), fifty lacs to be paid on ratification of this treaty, and twenty-five lacs on or before the Ist of October of the current year, A . .D . , 1846 ARTICLE IV. Lord, 1846, corresponding with the 17th day of Rubbee-001-awnl, 1262, liljree. (Sd) Goolab Singh (L.S.) (Sd) H. lILaDINGE, (L. S.) (Sd) F. Mum, (Sd) H. M. Lawsziscs. By order of the Eight Honourable the Governor-General of India. (Signed) F. Cultism, Sec. to the Govt. of India, with the Gov.-Cien. [True Extracts.] (Signed) F. Cultism, Sec. to the Govt. of India, with the Golf: Gen. !!TIDE. The army which had quitted Sukkur in the beginning of February, and at the date of oar last had reached BahawulPore, has now been entirely broken up. General Hunter and two batteries of Artillery, H.M.'s 17th, and 12th NJ., marched for Sukkur on the morning of the 12th; the 2d troop of Horse Artillery, H. 2.1. s 86th, and the 18th N. 1., took their departure for the same place on the 14th. The Bengal troops hate all moved on in the direction of FerozePore. The following is the disposition of the troops in Sinde for the ensuing season :—Siikkur, Shikarpore, and the frontier; Ead.'s 17th, four re giments of N. 1., a battery, the camel corps, a regiment of cavalry, the sioge train, and pontoon bridge. The Bundelkund Legion marches at once on Bahawulpore. At Itydrabad : four native corps, a bat tery, a detachment of sappers and miners, and the Sinde horse. At Jerrack : the baggage corps. At Gharra : a regiment of native in fantry. At Kurrachee : three European corps, four ditto, a troop of horse artillery, three European batteries, and head quarters sappers and miners. A rumour has all at once sprang :up in vari ous parts of India, that Sinde is to be abandoned : that it is to be returned to the Ameers : that the portion of it north west of the Indus is to be exchanged, or finally that its Government in an in dependent form will be abdicated so soon as Sir C. Napier retires. These things have been hinted at at Calcutta, whispered a Delhi, and half affirmed at Serampore, and at Bombay it has been ad mitted that is some shape or other some credit is to be attached to them. Since the above was in type the following interesting letter has reached us : " BAHAWIJLPOOR, Dams 13, 1846. " Sir Charles Napier is reported to have been greatly pleased with his reception by the Governor-General, though he must have been not a little disappointed at arriving too late for all the fighting. Sir Henry took him up on a grand review day, and pre sented him to his old regiment the 50th, who received him with three cheers. He was expected to leave Lahore on his return to Sinde on the 18th ; and as he seldom allows the grass to grow under his feet, he will be here very shortly to re-assume the government of Sinde from General Simpson." " I forgot to mention that General Hunter returned with the Queen's 17th and 12th N. I. to re-assume, far the present, the com mand of Sukkur, and that the last of the Bengal troops are to march from this to-morrow towards Ferozepore." RAILWAY COMMITTEES. (YESTERDAY.) HOUSE OF LORDS. TUE xffrazstscs, ENNIS, AND ICILLAMOE 3"ITNCTION, THE GREAT MUNSTER, AND TIIN TErirpzzazoltz AND NENAGH. _ _ _ The Committee appointed by the House of Lords to investigate the merits of these recommitted Bills commenced its sittings_at twelve o'clock ; Lord Kenyon, chairman. It will be remembered that these Bills were at a former period brought before the same Committee, and there having been no op.. position, they were all three passed and reported as such by the Noble Chairman. Subsequently, however, they were ordered to be recommitted for the purpose of selecting such of the lines as were most calculated to benefit the district through which they proposed to run, the whole three partly competing. Mr. Austin, Mr. Talbot, Mr. Cockburn, and Mr. Murphy, appeared for the promoters of the Great Munster Railway. The Committee then decided to take the longest line as the first into their consideration, and accordingly the first case opened was the There has scarcely been a single occurrence of a local nature to report during the past fortnight. Sir George Arthur, we are happy to say, is fast recovering from the effects of kis late severe indis position, though as yet he is unable to attend to his public business with that zeal and perseverance whieh have characterished his rule in Bombay. A report has been in circulation that Sir George in tends shortly returning to England. MILITARY INTELLIGENCE. Casualties by death in the armies of India reported since the de parture of the last mail, 16th March— Boxisar.—Mr. T. liefferman, Acting Deputy Assistant Commissary of Ordnance, at Kurrachee, on 21st March. MADILAS.—Lieut. H. R. G. Dallas, 33d NJ., at Budoor, on the 28th Feb. ; Lieut. I. F. Erskine, 2d NJ., at Palmanalr, on the 10th March ; Lieut. M. W. Isaacke, 7th Cavalry, in the Madras Reads, oa the 15th Feb. Bnzosz.—Sargeon J.:Menzies, 4th CaTah7, at Raughapursuts, on be 19th Feb. COMMERCIAL INTELLIGENCE. THE BOMBAY MARKNT. (From the Chamber of Commerce Illeerland Price Current.) BOMBAY, APMI. I.—The completion of our political arrangements with the Punjanb appears to have produced some effect on the market for British imports, i n dications being apparent of a return of the state of things which was interrupted by the occurrence of hostilities. The improvement, however, has been as yet confined to an Increase in the demand for certain descriptions of goods—the little actual en hancement of prices having (save in a few instances) been obtained. Money is still scarce for commercial purposes, but the natural effect of the conclusion of the war has been to raise the value of the Go vernment securities, and inspire capitalists with a higher degree of confidence than they previously experienced. On the whole, the business of the past fortnight has been limited in extent, considering the season of the year. Metals—There has been a slight improvement in the value of Bri tish bar iron, but the stocks being small, and the prospects of the market good, holders have evinced no inclination to sell at the prices now offered. Swedish bar has also slightly advanced, but we hear of no sales. In nail rod and sheet we observe no change, but the latter is in Improved request. In hoop we hear of a sale of 310 cwts. at 7rs. per cwt.—an advance of of a rupee on our last quotation. Nails are also a shade higher, but we are informed of no transactions in them. The market for copper has exhibited little activity, and prices, with the exception of those of nails and South American, have all somewhat declined. In steel there has been nothing doing, and the article, in faggots, is somewhat lower than before ; in tubs it is without change. Pig lead is unaltered in value, but sheet is dull of sale, and has slightly given way. We have heard of no transactions in quicksilver, spelter, or tin plates ; we quote the first-named article, however, rather higher than on the departure of the last mail. Cotton Manufactures—There has been a fair inquiry since our last for middling qualities of gray jacconets and Madapollams of light fabric, as also for the finer qualities of gray shirtings, but the prices offered, though slightly improved, have not been such as holders have deemed it expedient generally to accept, and transactions have consequently been limited. Stout gray domestics, and fine bleached shirtings and jacconets, have been in good request at advanced prices, but stocks being small, but few sales have necessarily taken place. For blew hed Madapollams there has been but little demand, and prices exhibit no improvement. Lappets and mulls of fine qua lity have been in some request, but low fabrics are dull of sale. We observe no improvement in the market either for dyed or printed goods, and the sales which have taken place in them have been chiefly forced cnes, at low prices. Yarns—The transactions in yarns since our last have been incon siderable, and if any change can he said to have taken place in prices, they have exhibited a downward rather than an upward tendency. There has been little inquiry for any but superior qualities. The only sale in mule twist of which we have been apprised is one of 2,8001 b., No, 50, at 103 i annas per lb. ; and in water we hear of the following : No. 30, 4,5001 b. at anus 9 per lb. No. 40, 3,2001 b. at " 10% per lb. No. 40, B,ooolb. at " 11% per lb. In dyed yarns we hear of nothing doing, and prices are nominally as before. Woollens—There has as yet been no revival in the demand for these goods, and the market continues in a very depressed state. Marine Stores— Black paint and pitch have given way in price ; other articles remain as last quoted. Stocks are generally abundant, and the demand slack. Beer—The new brew not having yet begun to arrive, • transactions have continued to be confined entirely to retail sales. We quote All sopp's and Bass's nominally at 60 rs per hhd. Spirits—These are without demand, and the market Is overstocked, particularly with brandy. Red Lead Ls unchanged in value. White appears to have some what declined. Onnhine.l_A finial] importation has A rg, par ru. Saffron is dull of sale. and_aomewhat lower in value. We are in formed of a sale of 40 lb. at rs. per lb. The limits of the territories of Maharaja Ohoolab Singh shall not be, at any time, changed without the concurrence of the British Go vernment. ARTICLE V. Maharaja Ghoolab Singh will refer to the arbitration of the British Government any disputes or questions that may arise between him self and the Government of Lahore or any other neighbouring state, and will abide by the decision of the British Government. ARTICLE VI. Maharaja Ghoolab Singh engages for himself and heirs to join with the whol e of his military force the Br i t i sh troo p s when em ployed within the hills, or in the territories adjoining kis ARTICLE VII. possessions. Maharaja Gho o l a b Singh engages never to take, or retain, in his service, any British subject, nor the subject of any European or Ame rican State, without the consent of the British Government. ARTICLE VIII. Maharaja Goolab Singh engages to respect, in regard to the terri tory transferred to him, the provisions of articles V., VI., and VII., of the separate engagement between the British Government and the Lahore I)urbar, dated March 11th, 1846. ARTICLE IX. The British Government will give its aid to 'Maharaja Goolab Eingb in protecting his territories from LE e external en tni es. ARTICX. Maharaja Golab Singh acknowledges the supremacy Of th e tish Government, and will, in token of such supremacy, present an nually to the British Governmen t one horse, twel ve perfect shawl goats of approved breed (six male and six female), and th ree mr . of Cashmere shawls. This treaty, consisting of ten articles, has been this day setioa by Frederick Currie, Esq., and Brevet Major Henry Montgomery Lawrence, acting under the directions of the Right Honourable Slr Henry Ilardinge, G.G.8., Governor-General, on the part of the British Government. and by Maharaja Golab Singh in person, and the said treaty has been this day ratified by the seal of the Right BM _Sir Henry Mud/mg% G.C.8., Governor-General. Done at Vuutteor, thbi 16th day of March, la the year of Our TII E SUN, LONDON, TU'ESDAY_MORNING, MAY 5, 1846. way desired by the promoters if no considerable injury could be shown by the opponents. Mr. Sergeant BELLisis admitted thathe could not do so, as the line (as now altered) stopped short of hisclient's property. The Committee then decided that tin preamble of the Bill was proved, and the clauses were afterwardsa,greed to. SLAMANNAN (BATNO/3TE AND JAW cpaLta, szumenzs). This Bill was unopposed. The form alproofs having been given in,TthheeoCbojeet of the Bill was to g ive aulitional accommodation tommittee passed the preamble. the minerals of the district. The Jaweritg branch was already com pleted, and the Bathgate (four miles flirt furlongs) was proposed to be made at an estimated cost of 60,0001. . The clauses were passed with some vebal alterations. The Committee then adjourned. . because these ceased to be officers prior to the project coming before ' Parliament. The several solicitors and other parties engaged had been paid on the same principle. To Mr. HOPE, Mr. Noyes replied that he had received notice of Mr. Duncombe's resolutions on the Thursday, had attended a long board on Friday, the returns were all ready by Saturday night, and made to the Company on Monday morning. He then went through the whole routine of the facts, showing that he had made all the re turns of the present Company, whether financial or otherwise, but had omitted those matters which referred to the proceedings prior to the amalgamation, because he considered them to be non-exiatente, and not consequently required by the Committee. Mr. Rogers, called by Mr. Elora, one of the joint solicitors of the pre sent line, stated that he had been a solicitor for the Reading and Guild ford line. and that the original capital had been 600,0001. in 30,000 shares of 201. each. But it was originally contemplated to amalga mate this line with some other lines, and a certain number of shares had been reserved, in consequence of communication with the Great Western and the South Western Companies. They had issued 23,000 shares, of which 19,000 had been paid upon, the deposits paid which amounted to about 39,0001. The application for shares amounted to a request of 150,000 shares. He confirmed further, the evidence of Mr. Noyes respecting the amalgation, especially with respect to the balance of 21,0001., handed over from the Reading and Reigate Company to the Reading, Guildford, and Reigate Company, the present promoters. There was a deed of amalgamation prepared, but there was not time to sign it previously to the deposit of the documents. To Mr. HOPE, on re-examination, Mr. Rogers stated that the ac counts were made out with a view to winding up, the usual course being to leave the settlement of the engineers and solicitors' accounts until the rejection or passing of the Bill. After some conversation, Mr. HOPE proposed to call Mr. Burke, the Parliamentary agent, but that gentleman not being able to attend, the Learned Counsel proceeded to sum up the evidence to the committee, and said there appeared to have been three Companies, the London and Brighton Company having projected a line between Reigate and Dorking. This had also been done by the South-Eastern Company. Between this Company and the present promoters there had been an amalgamation. The two points relied upon by the opponents were, that in the first place the directors had, contrary to the usual plan, refrained from taking so large a share of the plunder as they were entitled to ; and, secondly, that the names of the several parties had not been put in, as required by Mr. Duncombe's resolutions and the Joint-stock Act. There had been but one Com pany from the first, and his only regret was that the full circumstances had not been stated to the Committee, in the first instance, for two days' examination might thus have been saved, and the Company would ha' e stood in a bet ter position than it did now. The Learned Gentleman then went through the facts alluded to in the several reports which have ap peared in The Sun. It appeared the almost invariable practice in the two companies to put clauses in their deeds, giving powers of amalgamation, which is most cases were acted upon. The points to be considered were, that the original capital should be 800,0001., with power to increase the amount to 1,200,0001., with authority to raise any inferior amount of capital. Thus they might fix the number of shares and raise the capi tal ; and then increase the cumber of the one, and raise the amount of the other. Then there was the power to enter into arrangements either with landowners or with parties engaged in other Companies, either temporarily or in perpetuity, and subject to such conditions as they thought fit. Under those powers he held the authority to be perfectly clear to amalgamate, and merge, and engage with other companies. This was the custom in all railway companies. They had again the right to admit other shareholders into their company, and under these powers they had entered into arrangements with , the Reading and Reigate Company, to admit the share holders and allottees into their body. This was the admission of the proprietors in a dissolving or dissolved company, Such was the case with the present promoters. Then with respect to the Reading and Reigate Company, these were, under clauses three and four, corresponding powers given to the provisional directors of that Company. Then under clause 24 power was given to the directors to enter into any arrangement with other Companies for the sale, lease, or amalgamation of the line. The powers were correspondent between the two companies, and these powers ap peared to have been made to meet the objections that might be raised on the amalgamation with 'other companies. Then there was power to vary or abandon the undertaking. Under clause 28 there was the power to pay the clerks, and all ottier subordinates, whether of their own company, or of any company with which they might amalgamate. He dwelt on this because his Learned Friend (Mr. Hill) had dwelt on this as being altogether a fictitious power; but he (Mr. Hope) must positively declare that there was every right between partnerships to unit; under the provisions of the several Acts. And if his Learned Friend denied this right, he must trouble him to cite the Act and the case on which he• relied. It should be observed that, after the amalgamation, there had been a general meeting of the share holders held, in which the terms were clearly and definitively ap proved. The whole of the affair had been managed so as to make it lite rally and legally correct. The question, therefore, was one whieh re spected either the strict law of the case, or the bone fides of the partes. Before the Standing Orders Committee the rule was one of strict law. In either view the promoters contended that they were correct and justified. Then as regarded the trusteeship, they had never any in tention of concealing from Parliament that the signatures of the directors were trust signatures. Had they been otherwise, there would have been an appearance of fraud, inasmuch as it would have seemed that the directors were signing for parties who had no right whatever to the scrip, and that therefore those directors had been acting simply upon selfish motives. Then as to the possession of a larger sum than was actually necessary to meet the exigencies of the case, he thought that this was one of the last objections which Mr. Duncombe himself would make. The next point was the question respecting the authority to act under the directors of the amalgamated company, and upon this point he might observe that the company appear in this matter to have anticipated the resolutions of the House respect ing the dissolution or the amalgamation of companies, and had ob tained the authority of both sides for the confirmation of their pro ceedings. It was unquestionable that the majority of the acting par ties were persons interested in the country through which the line was to pass, and of undoubted wealth and respectability. As to the difference between the large and the smaller scheme, it was one of name only. With no exact rules to shape the evidence before Mr. Duncombe's resolutions came out, it was impossible to tally the lists of the allottees and the shareholders. But this had, in fact, been done, and all the necessary officers had been specified. After reprobating the opposition as vexatious, unless a case of fraud had been alleged, or could be alleged, against his clients, the Learned Gentleman concluded his observations, and was followed by Ma. HILL, Q.C., who said that the real question was, whether the rules of the Standing Orders' Committe had been complied with. It was not for speculators to judge whether this or that fact should be adduced, but it - was their duty to comply with all their direc tions, and then it was for the judgment of Parliament to consider whether the Bill should pass. He would not retract what he had said with respect to Mr. Noyes on Friday, but notwithstanding the ingenuity of his Honourable .Friend, he still asserted that It would be impossible to discover from the returns on the table of the Committee that there was any such company as the Reading and Reigate Company in existence. The Learned Counsel then went through the different points of Mr. Hope's speech, especially dwellling upon the fact that the deed of amalgamation had not been completed, and the character of the trusteeship under which the Provisional directors had signed the deeds. The Learned Counsel then went at considerable length into these points, urging that the discrepancy between the returns and the evidence must in validate the claims of the promoters. He then read the clause of the Reading and Reigate deed to prove that the promoters were pre vented from amalgamating with other companies, except the Lon don and Croydon Company, and others also, and contended on that ground that the directors had no general power of amalgamation with other companies. the Speaker was at prayers, and the Committee adjourned till to morrow at twelve. GROUP XVIII. The following Bills are comprised in this group : Wilts, Somerset, and Weymouth. London, Newbury, and Bath. London and Salisbury and Yeovil Junction (two Bills). Exeter, Yeovil, and Dorchester. Exeter Great Western. London and South-Western (Basingstoke to Salisbury). Somersetshire Midland. The Committee to whom they had been referred met this after noon in Committee-room No. 35, present Mr. B. Dennison (in the chair), General Evans, Mr. Redhead Yorke, Mr. Hamilton, Hon. G. Fitzwilliam. . SOMERSETSIIIRE MIDLAND. The formal proofs were given with respect to this Bill, but the further hearing of it was adjourned until to-morrow. GROUP XXVII. This Committee re-assembled this morning at the usual hour; Bir Charles Lemon in the chair. EASTERN PRODUCE, Cotton—The market for this staple has been without animation, and in the absence of any active demand, prices have experienced a further decline. They may now be quoted as follows, the price of Comptah being less drawback on exportation to England Broach and Surat.. • • 78 rs. to 80 per candy. Dollera • • .. Oomrawuttee Barsee ••• • • • • •• • 74 to 77 Comptah, old ... • • . • • 65 .• Stocks, we understand, are increasing rapidly, and the quality of the broach cotton available Is growing inferior. . . Wool—We quote prices considerably lower owing to the indifferent quality of the wool at present at market. Few purchases have been made by European houses. _ . . .. Opium has fallen in value, and may now be quoted at 1,375 rs. to , 1,385 re. per chest for fait qualities; large quantities of inferior and ' adalteraled opium are still at market. Silk—There has been a general decline in the prices of this article, as will be seen from our quotations. In other articles we may notice a trifling reduction—in the price of Mocha coffee, and a falling off of 1 to 2 rs. in pepper ; a rise of about 5 rs. per cut in gum Anini, and 3 to 4 rs. per candy in Ghatee hemp, and a considerable advance also in the price of cardamums ; indigo, which was quoted in our last at 25 to 35 rs. per maund, is now set down at 28 to 30rs. ; and Cassia, which was formerly quoted at 96 rs. per lb., may at present be obtained at 88 rs. Freights—Shipping arrivals have been limited, and the rate of freight to Great Britain has had an upward tendency. We now quote it at 41. both to London and Liverpool. Freight to China is at 19 rs. per candy of cotton. There has been no vessel on the berth for the Clyde. Money Market—The cessation of hostilities with the Punjaub has had a favourable effect on the value of the Government Securities, the paper of the two most recent loans having Improved since our last, the Five per Cents. from 102 rs. at 102% to 107 rs., and the Four per Cents. from 94 rs. to 95 to 96 rs. The following are the rates now current : Five per Cent. loan of 1825-26 to 107 rs. to 110. Fout ditto ditto 1832-33 to 99 rs. to 100. Four ditto ditto 1835-36 to 94 re. Five ditto ditto 1841-42 to 107 rs. Four ditto ditto 1842-43 to 96 re. Exchange—On England rose shortly after the departure of the last mail, to Is. 11 5 4 d. to Is. 11 Xd. for six months, and Is. 11 lid. for 30 days' bills, and has continued to rule steadily at those rates with out subsequent variation. There has been a further sale of five lace _ . ...... __ _ ........ --- -.- ....... , of Government bills on Calcutta at 30_ days' sight, and the average rate realised was 99 1 ,E rs., but some of the same paper was after wards disposed of at a lower figure, and the present rate at 30 days is 98 re. On China at 60 days the rate is 209 rs. per 100 dollars. Banks—We subjoin the current rates of Bank Shares :—Bank of Bombay, at 42 rs. per cent. premium ; Oriental Bank, at 175 rs. to 185 premium per share. Price of Bullion—Sovereigns, each 11 re. ; Bank of England Notes, per X., 11 re. LEVANT MAIL. MALTA, APRIL 25.—The P. and 0. Comp. steamer Royal Tar ar rived here on Friday last, and transferred her passengers and mails to the Iberia, whieh vessel proceeded to Alexandria, and the Royal Tar to the Levant and Black Sea on the same day. The French steamers Telemaque and Louqsor, left port on Friday last ; the former for the Levant, and the latter for Alexandria and Beyrout. We hear that the French Government will shortly break up the line of steamers between this island and the Levant. The French steamer Leonidas, from the Levant, arrived here yesterday. The French steamer Lycurgue, from Beyrout and Alexandria, was ex pected on the 24th. She would proceed to Marseilles direct with little delay. The P. and 0. Comp. steamer Iberia, with the mails and passengers from India, may be expected to arrive here to-morrow. The P. and 0. Comp. steamer Tagus arrived here at mid night, and will carry forward the Mails and passengers from India, viii Gibraltar, to Southampton. She reports having seen her Majesty's steamer Virago in the sea of Marmora, with Vice-Admiral Sir William Parker on board. The Hibernia was at Galipoli. On Wednesday evening, at a quarter be fore nine o'clock, P.M., a slight shock of earthquake was felt by se veral inhabitants of the island. It was also severely felt at the same time in Sicily. bias-rruale itcrsLi.lcßEcß —The Brig Chariot, Captain Lash, from mar aenleo , bound t. Glrgenti • , in ballast, on the 17th instant, off Sardinia, experienced ver y caused considerable . h eavy weather, and shipped a sea, which for repairs. be the yea st ], w hi c h pu t i nto this port PIIO6BSSITS TO MLR MAJTATTe--.1. tatwate letter from Tunis of the 19th inst. says :—ln five or six days more, the Tunisian frigate. Hain's, will leave this pl ac e for Mat*. Seven bOtaltlfili horses, a lion, and other animals will be put on board, as s present from H. H. the Bey, to her Majesty Queen Victoria. General eildy limit Miralei, of his Highness's Cavalry, will embark as ambassador. We sup pose that a steamer will be seat to England from this island to con vey the Bey's munificent present to her Majesty. LlvErmoot, MAY 111 E 3 R . — I W C e A h N a v e NEWS.omr:e Ann, Captain Brown.rßostone ived tothe h accounts from Washington to the 4th ult, andby s o h n ip de l b la at r e, y we learn, still remained the Th p e ac o k r e e t g - , by Mr. and On the 3d ult. the war policy of the 54de undetermined. the passage of the notice, were advoc i alt . e 4 : On the 4th, Mr. APDuffie, in a powerful speech ) , rendered im portant service to the cause of peace, and declared himself in favour of a compromise upon the basis of the proposition ade by Mr. Gallatin, in 1826. On Monday, the 6th, Mr. Webster would address the Senate in vindication of the Ash burton treaty; and Mr. Benton, it was expected, would fol low in opposition to Messrs. Allen, Cass, ice. No date to the termination of the disscussion had been named, and it was believed that no vote would be taken until after the receipt of further advices from this country. It was believed the noti ce would pass the Senate with an express declaration in favour o f a compromise. The Washington Union explains, with regard to the sup• pressed estimates for an addition of 40 war steamers to the navy of the United States, that those estimates were not sanctioned by the President, and that his consent was given only to the note of the Secretaries. The journals contain no further news from Mexico, Canada, &c. The new Tariff Bill had not been produced. The proceedings of the House of Representatives are un interesting. SUICIDE OF ONE OF THE QUEEN'S MESSENGERS. — At three o'clock on Saturday Mr. Hader, one of the Queen's mes sengers, residing at No. 13, Princes-row, Pimlico, committed self destruction. The unfortunate man was found in the kitchen, kneel ing down and bleeding profusely from a wound in the throat. Medi cal assistance was immediately called in, but he survived only a few minutes. He has left a wife and three children. No cause has been assigned for the dreadful act. SUICIDE FROM HIINGEMPOAD-BRIDGE.—EarIy on Saturday morning last, another suicide took place from Hungerford er Charing Cross Suspension-bridge. It appears that soon after twelve o'clock on Saturday morning, a young man, about twenty threegentleymekrens wofereage, and dressed in a shooting jacket of dark colour, Pe ma id ny toll with others, on the Middlesex side, but had not proceeded assist ance, wyhaernds,pewnohenns puthe threw oin himself over Into the water. Two Passing in that direction, and called out for amist- SidAte_tortuy clam n. boats, but the deceased had not been was of Ur comphsPon, 11 ST. tvet IMO Ulm brit6t GREAT MI7NSTER. Mr. TALBOT said he would open the case for his cllenta by calling witnesses. _ _ .. Mr. D. Leahy, civil engineer, was called and examined. The wit ness, who stated that he was engineer for the Great Munster Rail way, was examined at some length, and the whole bearing of his evidence was that this line of railway was one which would be of the greatest benefit to the districts proposed to be accommodated. The witness was cross-examined at great length by Mr. Wool.- RIDGE, on behalf of the promoters of the Nenagh line, but his evi dence in chief was not shaken. Mr. Pierce Maheny was examined by Mr. MURPHY—Is a solicitor of extensive practice ; is also a large landed proprietor, and had been trustee to the late Lord Portarlington. The Great Munster line of railway was one of the best lines proposed for the county requiring railway accommodation, Was of opinion that the Nenagh line was one of the worst which could be devised, inasmuch as it served nd public interest, accommodated no population of importance, and would never pay the outlay. Ile was in no manner connected with the Great Munster Company. Was certain that this was a line of railway which would be made at some time or theother, even if it were abandoned now through anything like a panic in the money market. Was so certain of the inutility of the Nenagh line, that if it could be constructed for 1,0001., he would not supply the capital. The Great Munster line was one that must pay, for it supplied a most important line of country, and would open up a com munication from Dublin to Nenagh and Limerick, and other im portant towns and sea-ports, which must be the means of giving a great paying traffic. The witness was cross-examined at some length. Mr. Powell, M.P. for Limerick, was next called. In his examina tion he stated that he knew all the principal towns through which the proposed line would pass, and he thought that both the goods and passengers traffic would be benefited by the construction of the line In question. Cross-examined—l do not know the Nenagh and Templemore Re. examined—There is a general feeling in Limerick in favour of this railway. Mr. James then gave evidence as to the traffic returns. The pro bable amount received from passengers' traffic by land and water was 26,.5001. 4s. Bd. ; the income from traffic, including merchandise, minerals, agricultural produce, conveyance of mails, Sec., would be 51,6771. 19s. sd. The charges of working the proposed line would be 18,0871. 15s. 9d., leaving a balance in favour of the Company of 32,5901. 13s. 5d., which would-give about 53i per cent. to the share- solders. Mr. Armstrong gave general evidence in favour of the line. The formal proofs having been disposed of, Their Lordships announced that they would take the case of the Templemore and Nena,h line before they came to any decision on the merits of the railway then before them. THE TEMPLED/ORE AND NENAGH. Mr. Woonainne, in the absence of Mr. Hope, opened the pro ceedings in this case, and called Mr. Langley, the engineer to the line, who stated that the gradients were of a favourable nature, and that the line was one which would open up a large universal traffic, The Committee then adjourned, at four o'clock, till twelve o'clock to-morrow. HOUSE OF COMMONS. GROUP IV. The Select Committee appointed to consider the merits of the Bills comprised in this group re-assembled at the usual hour this morning, Mr. W. C. Hope in the chair. THE GREAT NORTH OP SCOTLAND. The cross-examination of Mr. Gibbs was continued, but nothing of importance was elicited which has not already been published. The next witness called was Mr. Cubitt, who corroborated the tes timony of Mr. Gibbs in nearly every respect. He said he had mi nutely examined the country through which the proposed line would run, and he was fully convinced, after giving the subject his most attentive consideration, that it was the best line which could be ob tained for accommodating both the local and the through traffic. It followed the nataral channels of the traffic, and passed through a rich and fertile country, thickly populated, and capable of still greater improvement. He had gone generally into Mr. Gibbs's estimate, and was of opinion that it was more than amply sufficient for the works. The prices were large, and he had no doubt whatever there would be plenty of contractors ready to under take the works for the estimates. The witness was cross• examined at some length by the different counsel who appeared for the promoters of the Aberdeen. Banff, and Elgin and Aberdeen and Inverness line. The cross-examination took the same course as the cross-examination of Mr. Gibbs, namely, to point out deficiencies in the estimates. • The CHAIRMAN said the Committee were satisfied that there was sufficient traffic to justify the construction of a railway in this dis trict, and they were therefore anxious to know what course counsel intended to puritie now. Mr. TALBOT, who appeared for the promoters of the Great North of Scotland Bill, replied, that the Com mittee, being satisfied that there was sufficient traffic to justify their sanctioning one of the schemes, he proposed to call witnesses with the view of showing that the great bulk of the traffic passed along the route of the Great North line ; but perhaps it was the intention to decide simply upon the engineering evidence. If so, would it not be better that his Learned Friends who appeared on the otheraide, should put in their engineering evidence at once ? Mr. Sergeant Witationext objected to this course in Coto. It was unusual, and his Learned Friend ought to finish his own case before he called for their witnesses. Mr. TALBOT said, then, he would call the witnesses he had just mentioned to the Committee. These witnesses were Col. Gordon, Lord Lieutenant of the county of Banff; Mr. Bromley, a gentleman in a large way of business in many parts of the district; and Mr. Griffiths, a factor. They all three gave decided opinions in favour of the Great North of Scot land line, declaring that it was the best line, both for through and local traffic. Before the Committee rose the question of going into the engineer ing evidence of the other side was again mooted, Mr. TALBOT wished to resume all further evidence relating to traffic till after the engineers of the compettag lines had been called. Mr. Sergeant WIANOBAM, however, still objeeted to this, and it was ultimately arranged that the Great North of Scotland promoters I ~ " sail to a close. before that r , " The Committee adjourned shortly after four o'clock. GROUP V. This Committee met to-day for the first time, Colonel Fox in the chair. The Bills referred to this group are the Caledonian and Dumbar tonshire Junction, Scottish Grand Junction, Caledonian Northern Direct, Dumblane, Donne, and Callendar. The first Bill proceeded with was the CALEDONIAN AND 111721IBARTONSIIIRE JUNCTION, A line from the Caledonian Railway, through Dumbartonshire, to the margin of Loch Lomond. Mr. TlLnox opened the case on behalf of the scheme, which IS opposed by the Forth and Clyde Navigation. Mr. Gibson Nott, of Ballocit Castle, Dumbartonshire, was first called, and deposed, at some length, as to the advantages the line would confer on the district. The leading proprietors of the county were in its favour, as were also the leading manufacturers and bleachers in the valley of the Leven. Ng Several other witnesses were examined as to the eligibility of the line, and to the fact of there being no engineering difficulties, when, after a short consultation, The COMMITTEE declared the preamble of the Bill to be proved. The Committee then adjourned till to-morrow, when tie clauses of the Bill will be proceeded with. GROUP VII. The Members assembled at twelve o'clock in Room No. 24 (New Houses of Parllament)—present, Mr. Palmer (chairman), and the same Hon. Members as on Friday. They proceeded to hear evidence in favour of the EDINBURGH AND NORTHERN (DUN.. PERIVIMINE BRANCH). Mr. Drysdale, a yarn and flax merchant of Dunfermline, Mr. Burrel, a magistrate at the same place, and Mr. Wilson, also a resident there, gave evidence which went to show that there was no regular conveyance either for goods or passengers from Dundee to Dunfermline, although it was very much wanted. If there were a regular conveyance there would be a great traffic. The flax trade was very much deteriorated by the absence of any efficient com munication. A vast number of the people of Dunfermline and its neighbourhood were engaged in flax-spinning. There was a general feeling in favour of the line throughout that neighbourhood. Mr. WALKER, who appeared for several petitioners against the Bill, cross-examined the witnesse., with a view to show that the reason no conveyance had been established between Dunfermline and Dundee was, that the traffic was insufficient to support even a carrier or stage coach. On the conclusion of the evidence as to the necessity for a line similar to the one proposed, the probable traffic, and the general reeling in favour of this line. Mr. Grainger, the engineer to the line, was examined, and gave the usual formal evidence on engineering points. The length of the line was 14 miles 7 furlongs, and for 10 miles of its length it passed through an extensive coalfield. There was no tunnelling. There were no serious engineering difficulties, the gradients being all mo— derate, and the works light. The estimated cost is 187,0001. Mr. WALKER cross-examined the witness as to certain arches, which were stated on the plans to be of six feet span, whereas it was admitted that they must be made with a span, in each case, of twenty-eight feet, for which span Mr. Grainger stated the estimate to have been made. Mr. CLaiax objected to this point being raised, on the ground that it was a standing order objection, and ought to have been raised be fore the Sub-Committee on the Standing Orders. Mr. WAiska replied that the standing orders only required that the height and span of each arch should be marked, and if the span were marked 3 feet 6 inches, that would be a perfect compliance with the standing orders ; but in this case the objection was completely one on the merits, and could be taken before the Committee, as it was- -not as to whether the height and span were marked, but whether the height and span marked were sufficient, The Committee were of opinion that they ought to entertain the objection, and Mr. Walker was about to proceed with the cross examination of Mr. Grainger, when The Speaker being announced to be at prayers, the Committee adjourned. GROUP VIII. The Committee assembled this morning at the usual hour ; Mr. Hawes, chairman. NORTH BRITISH RAILWAY. The ,everal clauses in this Bill were read over, and the report to the House agreed to. EDXNBURGN AND ;MITE ATMOSP NEPIC. On this Bill being called, it appeared that the competing Bill, the Edinburgh, Leith, and Granton, had not received the permission of the House to be heard to-day. The Committee determined to pro ceed with the consideration of the Atmospheric Line, in the hope that leave would be obtained to-night. Mr. Arrowie raised an objection with respect to the resolutions of Mr. Duncombe not being complied with ; the Committee, therefore, could not proceed with the consideration of this Bill until both parties were in a position to furnish the same. This objection, however, the Committee overruled, and at once proceeded to hear the merits of this Bill. Mr. Forbes was examined in conformity with those resolutions. Mr. Sergeant BELLASIS opened the case on behalf of the promoters of this scheme. He pointed out the advantages which would accrue by the proposed line, uniting as it did, two of the largest and most po pulous towns in Scotland, and affording the means of a quick and rapid communication. The population of these two places amounted to not less than 200,000 inhabitants. The estimated cost of carrying out this scheme was 160,0001., 42,0001. of which would be expended for land, houses, and compensation. Mr. Blythe, civil engineer, was then called and examined, who spoke to the engineering character of the line as being the best adapted for the purpose that could be selected between these two places. It being now four o'clock, the Committee adjourned until twelve o'clock to-morrow (Tuesday). This to-dayCi ‘ o i m em m b letrtesemetpresent, t a b l e at i twelve on. l' Mr. o'clock,c,. G ley it ; m V i ls il ie so n Lu e n iz Y t Mr. e n h o Tha r, ir a i. nd Lord Alford. vrisHAvir AND COLTNESSSta(n ' in respect to the arrangement I s l w at i ltAN d th i rz n Ea t s h iit e . P B r E °C LL eed AS e l d S This.mr Sergeantll ill was on Friday last respecting the withdrawal -ngementpro posed evidence, that no arrangement h of Sir Thomas Coch- Mr. Christie, of the Calder ironworks, had been come to. ex amined as to the advantages the propos d in b Lincolnshire, was then district. Not only the works at Cahier, batranch would confer en the works in the neighbourhood would b the other mineral and had examined the district along with Mr. Wright, benefited. Be imager of the Duke of Buccleuch, and they concludedt, the mineral ma would be of great advantage in conveying lime-stone the branch the upper part of Lanarkshire to the iron -works in tnhee and ceal from Mr. Wright WAS examined and gave exactly similar evidence. oer part. Mr. M`lienzie, C.E., said that the proposed line had no engineering difficulties of any importance. There was only one tunnel, 700 Y long. The gradi ents were good, the worst being 1 in 70, and the th r u ling gradients being l in 100. The estimated construction was 75,000/. Mr, Sergeant BELLAsis entered an objection to the passing of this preamble, on the grou nd that the line on which evidence was given was not the same with that represented as to be submitted for the consideration of the Committee, because it so happened that the ori ginal scheme was curtailed of its fair proportions to the extent of at least seven miles ; and surely out of a line of only nine miles originally the Committee would not thick of sanctioning such a meagre traction. The room was then cleared, and en the public being re admitted, The Quanta anzotuiced that the Lim might in altered iu the GROUP XII), This Committee met for the first Um' to-day in room 35 in the new Houses of Parliament. The following are the Members of thii Committee :—Sir W. Clay (chairman), Earl Jermyn, Mr. P. Mnswnth, Mr. Curteis, and Lord Shelburne. The following Bills have been seferredto this group :—Caledonian Railway Extension, Glasgow, Dumfries, and Carlisle, North British (Carlisle Extension), Caledenian (Dumties Branch), Ayrshire and Galloway, Glasgow and Belfast Union, Scottish Southern, North British (Gretna Branch), Caledonian (Lengholm Branch). The list of Bills was read over by thi clerk, with the petitions against the Bills and the agents and comisel that appeared respec tively for each. The Scottish Southern is off, it havingbeen petitioned against by the majority of the scripholders, in I:gm:merit with the provisions of the resolutions recently agreed to by Parliament. At this moment the pressure became to great that the Committee agreed to adjourn to a larger room, in order to accommodate the par ties present. The Committee re-assembled in Roan 32. THE GLASGOW, aumruzzs, AND CAR LISLE SULU:9;AT. This was the first Bill taken tip. Counsel for the Bill, Mr. Talbot, Mr. Austin, Mr. Andrews, Br. Martin, and Sir Thomas Phillips. The principal opposition to the Bill Is the Caledonian Railway, which has several competing branches to this in the group, and were represented by .Mr. Sergeant Wrangbam, Mr. Hope, Mr. Pickering, and Mr. Richards. Evidence was then briefly taken as b the conformity with Mr. T. Duncombe's resolutions and tables on the several points required, put in and received. Mr. Sergeant Arrnanws then proceeded to open the case on behalf of the Bill. The line for which powers were sought was proposed to be constructed from the Glasgow, Kilmarnock and Ayr Railway, near to Old Cumnock, to a point on the Caledonian Railway near to the crossing of the river Sark. This was called the Glasgow, Dumfries and Carlisle Railway with branches. One of these branches was from Sanquhar to a point on the Caledonian Railway, and the other branch was frees a point near to the York to a place called Canonbie. There was also a little branch from the main line to Annan. The latter, however, was not very material, but the other two branches were. Having stated the line and branches proposed to be constructed, he would call attention, in the first place, to the main line, which was the most important. lie appeared before the Committee an the necessity of such a line being formed to connect the northern part of Ayrshire and Ren frewshire with the north of England and England generally. He would not trouble the Committee with evidence from Lanarkshire or Glas gow, as he was persuaded be could show that the traffic of the other, parts Imperatively demanded such a line . of railway. The present railway accommodation towards the south from Ayrshire, stopped at Cumnock, and that from England towards that quarter of Scot land stopped short at Carlisle, so that there was a complete gap to fill up. As the Bills at present sanctioned stood, goods for the south sent from Ayrshire would have to go round by Glasgow, for the south. The promoters of the present Bill sought to fill up this gap. In dealing with the subject he would take Kilmarnock as the centre of the district that wanted the accommodation most urgently, and when he spoke of Kilmarnock, the Committee would understand that he meant the district of Kilmarnock—a district, the worth and Importance of which he could not exaggerate. At present, with the lines made, and those for which bills were obtained, Kilmar nock would be connected in the most direct manner with Glasgow and Paisley, as well as with the principal towns in the county of Ayr Ardrossan, Irvine, Ayr, Kilwining. Kilburnie, and Strathaven. The grti the d rea fur aa traffic ainincrease—the thispopulation i o s f tt o 000 h development , w a and d w a was rapidly aol lfththeir mineral t n t increasing. attention n a g tr fta T he o e. town of Kilmarnock was the trading centre of this district, which e o ws t u h m r 7 1 : progressive increase of the goods' traffic on the Glasgow and Ayr Railway. To 1840, the year in which the line opened, he would not refer, but he would take the following years. From July 1, 1840, to June 30, 1841, the receipts for goods were 4,4301. In 1841-2, 14,000/. ; 1642-3, 18,0001. ; 1843-4, 24,000/. ; and on the 31st July, 1845, the receipts were 34,0001. From present appearances the traffic fully justified that the estimate for the present year would be 50,431/. In 1845, the tonnage of goods was 50,431 tons ; in 1844, 104,000 tons ; and in the year 1845, 180,000 tons. Kilmarnock had a population of 22,000, and had doubled itself within thirty years. The goods manufactured here annually was about half a million sterling, and it had a connexion with the principal manufacturing districts of England:art. Scotland. To• show the im portance of Ayrshire, he need only state that it had eleven iron furnaces in blast, fourteen constructing, and nine proposed; the whole of which, when in operation, could make 176,800 tons of iron yearly. The Duke of Portland alone exported annually 100,000 tons of coal. The Hon. Gentleman then proceeded to follow the route of the line, showing that it would accommodate, independently the large mineral and manufacturing traffic of Ayrshire, the large lead mines at Lead-hills, the coal and lime-stone beds of Closebum and the important ports of Dumfries and Annan, both rising towns. The main line was sixty-four miles long, and the capital was 120,000/. There were no engineering difficulties, and it could easly be made within the estimates. The sanquhar branch was sixteen miles in length. The Southern branch from Gretna to Ca nonbie was seven miles in length, and would accommodate large coal fields there belonging to the Duke of Buccleuch and Sir J. Graham. Having stated so much about the nature and objects of this scheme, he would now refer to the opponents of the Bill. The Caledonian Company. That Company had a branch from the North to Dum fries almost parallel to the southern portion of the scheme for which he appeared. They had also a branch north from Lockerbie, and one from Lockholm, which was almost identical with one of the branches of the Glasgow, Dumfries, ;and Carlisle —they had likewise what was called the Caledonian Extension which was to connect Peebles with Ayr . Now he was prepared to show that the Caledonian Company only partially stipplied that accommodation which his clients did completely. He would also show that what they proposed to do was not so effective as the Glasgow, Dumfries, and Carlisle, and, there fore, that the latter should be allowed to make the whole. The scheme for which he appeared would alone connect, in an efficient manner, the whole of Ayrshire with the south. His opponents were seeking to do in a roundabout and im perfect manner that which his sc heme should do in the fullest and most direct way. He had no doubt he would show, from the evidence he would adduce, that his scheme was infinitely preferable to the rival projects. Under the Caledonian plan, a person going from Kilmarnock to Dumfries would have to travel 82 miles, 6 fur longs, whereas by the Dumfries line the distance would be only 59 miles 6 furlongs ; showing a difference in his favour of 23 miles But the difference was not alone in distance. The gradients on the Caledonian line were much worse than on the Dumfries line, the gradients being lin 75, lin 82, and lin 100 respectively. Besides passengers travelling, independent of the great loss of time, would have to change three or four times. Again, taking Kilmarnock and Carlisle by, the Caledonian the distance was 100 miles, 51 chains ; nuneries line 91 miles 12 chains ; giving a difference in fa favourable gradients. 'Araefatts as- tnese great differences, the Caledonian scheme only gave accommodation be tween Carlisle and Dumfries, leaving out altogether the gap between Dumfries and Old Cumnoek. Seeing, therefore, that this was left out of consideration, he considered he could prove a case for not only granting his clients the Cumnock and Dumfries portion, but also that between Dumfries and Carlisle. In conclusion, he would say that while the line would confer the greatest benefit on the district, all the landowners along the line were favourable to it; as were also the inhabitants generally. He would now proceed to call the witnesses on behalf of his scheme. Mr. W. Cranford was the first w itness examined. He lived near Kilmarnock, and was a justice of the peace for the county of Ayr. The trade of Kilmarnock was very l arge ly on th e i ncrea se. There were eight print - w orks in Kil marnock, employing 2 , 00 0 hands, goodspsegueed 60,000/. in wag es annu ally. The annual value of the was 437,0001. There were carpet f acto ri es, employ apin ing 800 workmen, and p roducin g an nually goods worth 120,0001. Nearly the whole were s ent to En g l and. The manufacture of iron was greatly on the increase in the neighbou r h oo d o f Kil marnoc k, principally on the Duke of Portland's estates. There were also large coal works on that nobleman's estate. The Duke of Portland ex ported about 100,000 tons of coal, and Mr. Fennie about the same quantity. The general trade of the whole county was fast advancing. The staple manufactures of Kilmarnock are carpets, shawls, gown printing, leather tanning, &c., grass and other seeds are grown in the neighbourhood. Imme nse quantities of goods of all descriptions are sent to the south of England. The Committee then adjourned till to-morrow at twelve o'clock. GROUP XIV. NORTH LENT DISTRICT, SOUTH-EASTERN - _ saNE: The Committee on the railways projected through this district met to-day at twelve o'clock. Present, Mr. Protheroe (chairman), Lord Emlyn, Mr. .T. O'Connell, and Mr. Grogan. Mr. Ausofsr, on the part of the South-Eastern Company, pro ceeded to address the Committee. He stated that he was happy to say, that without doing injustice to his client, ho would be able to address the Committee at much less length than he originally intended, but still he must entreat their patience, as his address must necessa rily be very long. He would not so much trouble the Committee with any detailed remarks on the enormous mass of engineering evi dence that had been adduced, but should direct his attention to the comparative public utility of the lines, and to the accommodation they would give to the districts through which they passed. He should at first address the Committee on the evidence in support of parts of the line, and afterwards he should speak to the whole of the line ; and he should take the course of the two lines from London to Dover, and compare them with each other in their more important features and points. Mr. Vignoles had laid some tress on the fact that his line was of an integral cha - sracter, and in doing so had decidedly been in error, for his prin• cipal station at Union-street by no means deserved that definition. miles In the City of London and through the thseedbeocarobuagnhkomfeSnot outlft 2 Southwark would be an exceedingly incon venient erection, and would assuredly prevent any efficient commu nication between so much of the Borough and City as was on one side of the embankment and so much as was on the other. The sta tion was 4 acres tn extent, was 30 feet above the level of the street, and it would require a raised approach of 300 yards. That approach would sccupy 1 acres of their ground, leaving 21/ acres for the purposes of their station, and it had been heard in evidence that, from some defect in the ground or plan, one quarter of an acre would be lost—thus leaving only two acres for their station. The metropolitan stations of other lines occupied a considerably larger space, and some of them were even then incon veniently small. The Union-street station was to accommodate 100 trains per diem—those trains, including all the West-end traffic as well as the City trellis. The estimate for the station and the em bankment, as calculated by the North Kent, was 696,0001., but Mr. Bidder had proved that the cost of the line would be 1,100,0001., and, for a reason which he would afterwards give, the cost would be likely to arrive at the sum of 1,200,0001. The value of the land alone was 550,0001., and consequently a very in adequate sum would be left for the formation of the station and em bankment. Independently of these points, it would be impossible for Mr. Vignoles to form his junction with the South Western under circumstances as favourable as those proposed by him; for that junction could not be formed without a deviation in the course of the line, and in its levels, much beyond that which the Act of Parliament would permit of. The junction with the Croydon line, as proposed by Mr. Vignolles, the was to be made under circumsta nces which Mr. Ste p henson had properly described as unparall e led in engineering. Ile was to join the famous, or rather infamous C ro y don gradient of 1 in 100, and his own line was to joiu at a gra dient of lin 74. There was a clay cutting of 44 feet deep at the poin t of junction, and the junction in volved the severance of the a tmospheric pipe within 35 yards of the atmospheric station. Mr. St e p henson had told them that in a length there would not be sufficient Power obtained to enable the train to cross the break in the pipe, or sufficient impetus on its re-enteri n g the p i p e to start up an incline Of in 10 0. Under these difficu lties in the engineering features of the line, and th e ser i ous d ou bts —the almost certainty —of the in sufficiency of the estimates, he submitted that Mr. Vi g noles had no available metropolitan station at all. He would then proceed with h metropolitanof3syards of pipe portion of the So uth Eastern line as contrasted with the very peculiar circumstances of the North Kent line. The South-Eastern Company had the advantage of havin g alread y a sta tionp at London-bridge. That station was devoted to the Brighton Company but were tenants-at-will, and was only for the eastern traffic of the Company. The western traffic would be accommodated by a very convenient junction with the South-Western line, with a terminus at Ilungerford or Waterloo -bridge. Mr. Vignoles would have his traffic involved in a troublesome manner amongst the quarter-of-an-hour trains on the Greenwich Railway, while the South- Eastern traffic would have the accommodation of being divided between two lines. The South-Eastern Company availed themselves as much as possible of existing lines and of capital already expended. It would be o n l y th e passenger trains which would have to use th o Greenwich termi nus , for the goods traffic would be taken to the Bricklayers' Arms station. Their junction with the South-W es t ern li ne wa s so contrived as to save half a mile of house property, f or w hi le M r . Vignoles's line went two and a half miles through South war k an d its neighbourhood, the South - Eas tern would have only one a n d a quarter mile. He could sum up the Metropolitan stations by saying that Mr. -Vignoles's Union - street station ought not to be perm itted, because it was not sufficient for the traffic, or for the purposes of a station. Neither ought he to be allowed to bring his traffic to the London -bridge station by the in convenient route of the Greenwich Railway. His interference with property would greatly exceed that of the South-Eastern, which had also the advantage of having two lines for the separation of their traffic, and had at one of their stations, the Bricklayers' Arms, ample accommodation for the stowage of goods, The Learned Counsel here requested the indulgence of the Committee for a few minutes, being rather fatigued. On again rising he proceeded to detail the other points of comparison between the two lines, but as most of them have been elicited in evidence, a repetition is unneces sary. The Committee adjourned at four o'clock. [Considerable inconvenience was caused in this room by the knock ing of the workmen over head, and also by the continued buzz of conversation, caused by s t ra ngers at the other end of t he room. The latter annoyance was so serious that the Chairman, after repeated attempts to obtain silence, was compelled to threaten to clear the room.] Mr. Noyes GROUP XVI. RE ADING, GUILDFORD, AND REIGILTS _ The Committee resumed the inquiry this morning ; present, Sir C. Douglas (chairman), Mr. Blewitt, the Hon. 0. Duncombe, and Mr. three companies, Lockhart. order to ascertain whether ' the terms of Mr. Duncombe's resolutions was recalled, and cross-examined by Mr. HILL, Q.C., in had been complied with. It appeared that there had been originally which had afterwards been atnalgamated. In crder to comply with these resolutions, the names of the several 4119"41 11 " been given to the register, but hut the NORTH STILTFORDSHIR.E (THREE LINES The several clauses of this Bill were then gone into seriatim. Mr. WABIIIEN,OII the part of the trustees of the Burslem and New castle Turnpike Road, opposed the clause by which it was proposed that the railway should cross that road on the level. After hearing evidence on the point, the Committee decided that a clause should be introduced, compelling the Company to erect a foot bridge over the railway. The remainder of the day was occupied in going through the other clauses of the Bill, which, with some alterations and amendments, were eventually agreed to. The Committee then adjourned. GROUP XXX. This Committee assembled at the usual hour ; present, Lord C. Wellesley (chairman) and the other Members. CAMBRIDGE AND OXFORD It was stated by Counsel that the opposition to this Bill was with drawn on the part of Trinity College, Cambridge, and that the only opposition now remaining was on the part of the Duke of Backing ham and the competing line. Mr. Denton, surveyor, was cross-examined by Mr. Wins, on the part of the Aylesbury and Thame Railway—Did not know the depth of soil for the spoil. Made an estimate for the spoil of 1001. per acre. No oee assisted him ill laying out the line, except Mr. Locke. Did not make any agreement with landowners on behalf of the Company in any case for more than 2501. an acre. Did not know that any parties were holding out up to last Friday for 5001. an acre. Mr. J. Washford examined —Valued the land along the line from Oxford to Luton. The line did not inflict any injury on property in the neighbourhood. Cross-examined by Mr. CALCRAFT —The average he made of the property was 2001. an acre. Had nothing to do with the spoil. A rather lengthened discussion ensued between the Counsel, as to whether witnesses to traffic should be produced and cross-examined, which ended in the room being cleared. The Cilanimax (on our re-admission) said, the Committee finding that they had full discretionary powers given them by Parliament in this matter, had come to the determination of hearing the examina tion, cross-examination, and re-examination of Mr. Filcher on this question. They would then consider whether they should take fur ther evidence with reference to this point. The Committee having heard the evidence of Mr. Beard, steward to the Duke of Buckingham, who stated that the proposed railway would be injurious to that nobleman's property, adjourned till to morrow to give time for the production of the necessary witnesses as to traffic who were not hi attendance. GROUP XXXIV. The Committee to whom the Bills in this group are referred met this morning, at twelve o'clock. The members composing this Committee were, the Honourable Mr. Cowper, Lord Duncan, Montague Gore, Esq., D. Davies, Esq., S. Walpole, Esq. The Citaiastax announced, at the commencement of the business that the Committee were of opinion that the preamble of the Great, Grimsby and Sheffield Extension Railway was proved, and further stated that it was their intention to hear evidence as to the Hull and Lincoln line proposing to cross the Humber at Market Raisin, as the Committee considered it advisable to grant two lines for the accommodation of the district in question. This suggestion having been agreed to, witnesses were called to give evidence upon this point. - Mr. Pryme, fate M.P. for Cambridge, was the first witness called, who had been in the habit of staying for a period of three or four weeks in the year at Hull, and said this line was one of great im portance, and was supported by some of the most wealthy and influen tial inhabitants of Hull. HULL AND LINCOLN DIRECT. Several other witnesses were called, who all agreed that the line of railway would open up a portion of the country rich in mineral and other produee. The Committee adjourned at 4 o'clock to 12 o'clock to-morrow. GROUP XXXVII. The Committee met this day at twelve o'clock, in Room 21 ; pre sent, Lord Seymour (chairman), Mr. F. French, Lord Edwin Hill, Sir J. Lopez, and Lord Ebrington. - _ They resumed the considerAion of the SHEFFIELD, ROTHERHAM, BARNSLEY, WAKEFIELD, HUDDERSFIELD, AND GOOLE. Captain Lawes, who was examined on Friday in favour of the Bill, was now cross-examined by Mr. Picueamo, on the part of the opponents. Mr. Leman, the solicitor to the Company, was examined at con siderable length, by Mr. TALBOT, in relation to an agreement en tered into by this Company with the South Yorkshire Company, for the construction of the line south of Barnsley, that is to say, from the latter town to Sheffield. In cross-examination, by Mr. PICIEBRING, the witness said that the Duke of Norfolk, Earl Fitzwilliam, Lord Wharncliffe, Lord Effing ham, Mr. Bennet Martin, and other landed proprietors in the southern half of the district had petitioned Parliament against the Bill. But the agreement with the South Yorkshire Company was the conse quence of that petition. The only landed proprietors on that part of the line who continued in opposition to the Bill, were the Duke of Norfolk and Mr. Bennet Martin, the latter, as a director of the South Yorkshire line, being in part bound by the agreement to support this Bill in every stage. The agreement bears date of this day, May 4, 1846, Some further general evidence as to the benefits which would be derived from the proposed line by the people of the vicinity was en tered into, and Mr. Ilawkshaw was called to give the usual engineering evidence, which occupied the Committee up to four o'clock, at which hour they adjourned. GROUP XL. This Committee re-assembled this morning ; present, Mr. Angus. tus Stafford O'Brien (in the chair), Mr. Boyd, Lord isTorreys, Mr. W. Dugdale, and Mr. H. J. Vivian. The evidence in the partly-heard case of the YORK AND NORTH MIDLAND (LEEDS EXTENSION) was resumed. Mr. Birkenshaw, the engineer of the line, whose evidence was given on Friday last, was this morning cross-examined by Mr. Ser geant WiLxixs, on behalf of the Leeds, York, and Midland Junction. The worst gradient on the line under the consideration of the Com mittee is 1 in 133. The estimate per mile is 21,0001., and the por tion of the line nearest to Leeds, consisted of an embankment, the greatest height of which is 33 feet, and the length of the embank ment 0110 tulle aiad a half. The cost of the bridle ever the Ayr will be 12,0001., Laid of that over the wharf 6,0001. Although the pro moters of this Bill had stated that the line would not inflict any resi dential injury en any party, the line was proposed to pass in front of the mansion of the Rev. Mr. Armitage, at a distance of seven chains, and on At embankment of 33 feet. It had been arranged, however, to pass over that estate by means of a viaduct, which would cost 18,0001. This line would also pass in front of Mr. Maude's hous6, at a distance of about a quarter of a mile, and en an embankment. Both these gentlemen were, however, assenting parties to the construction of this line. This line had not a summit about twelve feet lower than the Leeds, York, and Midland Junction. There would be a point of detention to the trains passing the halm-lane station. Ile did not think that it would be safe for any train leaving Leeds to move at full speed until it was two miles distant from that town. There would be a gradient of 1 in 187 between York and Tadcaster for a mile and a half, whilst the Midland Junction line would be practically horizontal. This line would travel round Tad caster at a radius of seventeen chains. The Leeds, York, and Mid land Junction line would pass much nearer to the town. The plan exhibited on the wall of the Committee-room, however, represented the contrary to be the fact. Witness's assistants had made the plan. This line ran nearer to liazlewood (Sir E. Vavaseur's property) than the Midland Junction line; it would also pass over it on a high embankment. The plan exhibited to the Committee by the promoters of this line was also similarly erroneous in this respect. After that they got into a 40 feet cutting. The gradients of the Leeds, York, and Midland Junction line, between Tadcaster and York, were decidedly easier than those of the line under the consideration of the Committee. The survey of this portion of the line was begun in August last, but the bulk of it was done in the months of October and November. Examined by Mr. KrzowLas (who appeared for certain land owners)—Sir Edward Vavasour had given preference to this line, although it would pass over his estate. This line would be no injury to Lord Hancks's property. The gradients of this line were, on the whole, not very difficult. The difference of the gradients between this line and the Leeds, York, and Midland Junction, would be amply com pensated by the advantages which this possessed over that lined This lin3 would go sufficiently near to Tadcaster to afford ample accom modation to the inhabitants, and the station there would be the same as that of the Churchfenton line, which would be a great advantage. The gradients of the Leeds, York, and Midland Junction line, near Leeds, would be 1 in 511. Mr. Sergeant Wuauss—That portion of the line is only for goods. Examination continued—Such a gradient is a very dangerous one. There would also be a very sharp curve on that line near Leeds. The proposed junction of this line with other companies' lines, had the assent of those companies. Mr. Maude was an assenting party to the construction of this line. Mr. Sergeant Waimea—He has been settled with like the other as senting landowners. The CHatanfarf—lt seems to the Committee that sufficient engi neering evidence has been given. Mr. HILDTARD—I will call Mr. Frederick Swanwick, if the Com mittee please, as I think he will state two important facts. Mr. Frederick Swanwick, engineer, was accordingly called, and stated that be had carefully surveyed .the district over which this line would pass some years ago. Finding the difficulties which the country presented, he was certainly of opinion, that an indepen dent company could not receive sufficient remuneration from a line passing over that district ; such a line should be constructed by some railway company who were already the owners of a line in that district. This line would certainly be a better one than its two rivals. There would also be a unity of management in favour of this line. Cross-examined by Mr. Sergeant WILKINs.—Had not generally been employed by Mr. Hudson, to give evidence in favour of his Schemes. It did not occur to him, that he had given evidence in favour of any ether line than the Wakefield, Pontefract, and Goole. Mr. Fox, laud-agent, said, that it would take 38,3001. to purchase the land necessary for the construction of this line. There would be two acres allotted for stations. This completed the case for the York and North Midland (Leeds Extension.) LEEDS aND YORK. - Mr. BAINES, Q.C., then proceeded to open the case for this, one of the rival lines. The Learned Counsel went at some length into the history and accommodation of railways in the district between Leeds and York, and said that no one could deny that it was absolutely necessary to improve the railway accommodation between York and Leeds, but it would be better for the public to put up with the pre sent state of things than be compelled to take the accommodation proposed by Mr. Hudson, whose line would be full of dangerous junc tions, and Mr. Stephenson whom they had talked of calling, would have no doubt, on cross-examination, admitted that the risks at junctions to life and property were absolutely dreadful to contem plate. Mr. Hudson's line 'involved the necessity of seven junctions and would be composed of bits of old and new lines, whereas the Leeds and York would be an entirely new line. Parliament had over and over again given its direct preference to such lines as that which he had the honour of representing, over such as Mr. Hudson's. They had lately done so in the case of the line between Leeds and Manchester. A few weeks after the promulgation of this line, that represented by his Learned Friend, Mr. Sergeant Wilkins, sprung into existence, and subsequently to that came out the scheme of Mr. Hudson. If this line were sanctioned, the public would have a direct communication from Liverpool to Manchester, Huddersfield, Dewsbury, Leeds, and then, without a single break, to the city of York ; no such accommoda tion was afforded by either of the other two rival lines. The advantage of such a communication between Liverpool and York was, to bite the very expression of Mr. Hudson himself, " incalcu lable " The Learned Counsel then proceeded to describe very mi nutely the route of this line, contrasting it favourably with the routes of the other lines. Mr. R. Baker was then examined by Mr, HARDY, after which the Committee adjourned till to-morrow. STANDING ORDERS' COMMITTEES. HOUSE OF LORDS. Their Lordships met this day at the usual hour, but owing to the non-attendance of agents and witnesses, a considerable time elapsed before any business was transacted. Their Lordships present were, the Earl of Shaftesbury, in the chair; the Duke of Richmond, Lords Hawarden and Hchester. EXETER ANL) EXMOUTH RAILWAY. This case came before the Committee on second reference, in order to prove the compliance with Lo d Wharncliffe's order — the deposit of 10 per cent. upon the capital required by the Act of Parliament and the proper signatures to the Bill. The agents to the Bill intimated to the Chairman that it was their desire that the case should stand over till Thursday next. The Committee agreed to the adjournment. Parliamentary agents, Messrs. Dor rington and Co. WATERFORD, WEXFORD, WICKLOW, AND DUBLIN RAILWAY. This case came also before the Committee on second reference. The deposit of 10 per cent. upon the capital having to be proved, as well as the proper notices in the Gazette, at the instance of Mr. Burke, who appeared on the part of the agents, the further hearing of the case was adjourned until Monday next. Parliamentary agents, Messrs. Bark, Pritt, and Co. NEWRY, WARRENPOINT, AND ROSTREVOR RAILWAY. This case, which has been adjourned two or three times already, was further adjourned until this day (Monday) fortnight. It was un derstood that there are some parties anxious to wind up the concern, and these repeated adjournments are for the purpose of giving time to have sense of the shareholders expressed by public meetings or otherwise. Parliamentary agents, Brydeu and Co. DUBLIN AND SANDYMOUNT ATMOSPHERIC RAILWAY. This case also came before the Committee on second reference. The necessary proofs having been given of the payment of the ten per cent. upon the capital, and the certificate of the Accountant-Ge neral of the Court of Chancery having been proved, Lord SHAFTESBUZY intimated that the Bill had passed the standing Ar igh I 71.111CL1 Lary agent, mr . 5, Attu,. Their Lordships rose at five o'clock. RAILWAY SHARE MARKETS MANCRESTER, Mar 2. Sroes EXMANaz.—The sales are—Ambergate, Nottingham, Bos ton, &c., % dis.—Birkenhead, Lancashire, and Cheshire, 1% c. p.— Clitheroe Junction, % dis.—Derby and Crewe, 414 p.—Direct Nor thern, I Is. 6d.—Eastern Counties, Perpetual (No. 2), 7.—Ditto, York Extension, 1% c. p.—East Lancashire (No. 2), 3% p.—East Lincolnshire, 14 p.— Glasgow and Dtunfries, % Ms.—Great Grimsby and Dock Extension, 1 dis.—Huddersfleld, Halifax, and Bradford, 2 p.—Huddersfield and Manchester Railway and Canal, 1 p.—Lan cashire, North York, % dis.—Leeds and Thirsk, 2% dis.—Liverpool and Bury, New Shares, 14 p. c.—Liverpool, Ormskirk, and Preston, 1 5-16 c. p.—Liverpool, Preston, Manchester, and Southport, dia. —London and Manchester (Rem.'s), 138 dis.—London and York, par.—Manchester, Buxton, and Matlock, 21s. 6d. p.—Manchester and Birmingham, 81—Ditto, Quarters (B), 9 p.—Ditto, ditto (C), 8 c. p.—Manchester and Leeds, Fifths, 10 p.—Ditto, Extension, 2% p. Manchester and Southampton, par.—North Eastern, 1 dis.— North Staffordshire, 4% p.—Oldham District, % p.—Oldham, Bir kenhead, &c., dis.—Preston and Wyre, Halves (B), n P.—Shet field and Lincolnshire Junction, I Is. Gd. p.—Sheffield and Manches ter, Quarters (No. 3), 1% p.—Shropshire Union Railway and Canal, % dis.—South Midland, % p.—South Eastern and Dover, Halves (No. 4), 14 p.—Trent Valley and Midland Grand Junction, % p West Riding Union, 2% p. LEEDS, MAT 2. STOCK EXCHINGE.—The improvement manifested in shares during the week has been most decided, and highly enhanced prices have been realised for all old Stocks. Many of the better class of scrips have also advanced materially. The effect of this altered state of things has been to bring heavy sellers forward, and prices to-day have not been quite so fully maintained ; but in the absence of intel ligence from London and Liverpool, at neither of which markets was any business done yesterday, we do not feel justified in saying more than that buyers will do well not to act with too much precipitation in purchasing for the eusning account. The appearances in Leeds certainly indicate some decline in prices just now, but that the decline will be permanent we do not by any means anticipate. The all but certainty of a continuance of our peaceful relations with America— the prospect of a speedy settlement of the tariff question, and the confidence resulting from Sir Robert Peel's "railway propositions," all tend to the continuance of high prices and the stability of the trade, which is not a little supported by the relieved state of financial affairs, and the consequent cheapness of money. The sales are— Eastern Counties, York Extension, 28s. p. — Manchester and Leeds, Quarter Shares, 9 p.—Dltto, Fifth Shares, 10 p.—Ditto, Nottensions, V. 18s. p.—Manchester and Birmingham, Quarter Shares (A), 9% p.—Sheffield and Manchester, Quarter Shares, No. 3,1% p. • East Lancashire, No. 1,3% p. —Great Grimsby and Sheffield Docks, IN die.— Ditto, Extensions, 16s. dis.—lluddersfield and Manchester, % p.—Ditto, Extensions, 9s, dis.—lluddersfield and Sheffield, 5% p.—Leeds and Bradford, 25 p.—Leeds and Dewsbury, 3% p.—Leeds and Thirsk, New, 1 3 ,4 dis.— North British, New Carlisle Branch, p.—Ambergate, Nottingham, and Boston, 16s. dis.—Clitheroe Junction, 13s. 6d. dis..—East Lincolnshire, % p.—Essex and Suffolk, 16s. dis.—Glasgow and Dumfries, 10s. dis.—Lancashire, Yorkshire, and North Eastern, 255. dis.—Leeds and York, 225. 6d. dis.— Leeds, Wakefield, and Midland, 4s. dis.—Leicester and Bedford, 12s. 6d. dis.—Liverpool, Manchester, and Newcastle Junction, 7s. 6d. dis.—Liverpool, Ormskirk, and Preston, 245. p.—London and York, 7s. die. c.—London and Manchester (ltast.), 30$. dis.—Manches ter, Buxton, Matlock, and Midland, 10s. p. — Northumberland and Lancashire Junction, 185. dis.—North Staffordshire, 4/. 3s. 6d. p.— North Western, 2s. p.—South Midlands, 275. 6d. p. —Welsh Midlands, 235. dis.—West .Riding Union, 4% — Yorkshire and Glasgow Union, 255. die. HULL, MAY 2. STOCK ExcnsamE.—The sales arc—North British, Carlisle. 21. I Is. 3d.—Chelmsford and Bury, 1 lg.—East Lincolnshire, 255. 6d.— Grand Union, 15s.—Hull and Barnsley Junction, 255. 6d.—London and Manchester (Rem.), I—North Western, 25s —North Stafford- shire, 61. 2s.—South Midland, 31. 10s. 3d.—Trent Valley Con tinuation, 365. 6d.—West Riding Union, 41A —Yorkshire and Glasgow Union, 245. 6d. NEWCASTLE-UPON-TYNE, MAY 2. STOCK EXCHANGE.—The sales aro—Lancashire and North York. shire, 16s. 6d. dis.—Liverpool, Ormskirk, and Preston, 245. 6d. p.— London and York, par—Manchester, Buxton, and Matlock, 198. p.— Shropshire Union, I Is. 6d. dis. SHEFFIELD, MAY 2. _ _ STock Excuarma.—The sales are—Grimsby and Sheffield, Quar- ter Shares, 2s. 6d. dis.—Leeds, Wakefield, and Midland, par—Maa cliester, and Lincoln Union and Canal, 12s. 6d. dis.—Sheffield and Lincolnshire Extension, 15s. dis.—Sheffield, Buxton, Leek, Potteries. and Crewe, 14s. 6d. dis.—South Midland, 335. p.—South Yorkshire Coal Railway, 8s _ _ • YORK, MAT 2. 28.- and Drittield Jun , -London and York, 21. 6s -Maltonnd Midland, 3 1 / 4 Newcastle and Manchester, Buxton, Matlock, n a rung ton Extensions, STOCK EXCLIANGE.-The sales are-Leicester and Bedford, 9s. 6d. Berwick, 21-Newcastle and 1) ii N u o d r d t e h r s fi W e i e d s Western, 11. 84.-Sheffield, Rotherham, Wakefield, 13s Barnsley, 6d. Midland, New (East and West york and No Goole, 3 A- North British, Carlisle Extenslon,2l. Rid ing), 1 0 34• EDINBURGH, MAT 1. The sales are-Aberdeen, 31. 155.--Aberdeen, STOCK EXCLIANGE. - r t h , Banff, and Half Shares, 151. 10s.-Armagh and or rus Forfar, 271.-Ditto, Elgin, I/. N.-Airdrie and Bathgate, 21. 28.-Arbroath and Down, 21.-British and Irish Union, 21. 25.-Caledonian, ex new. 2/. 25.-Banffshire, 11--Belfast and County 55.-Ditto, New, It. 12s. 6,1.-Ayr and Galloway, 11. 1 ls.-Ayrshire and Bridge of Weir, *an and Dumbarton, 35.-Caledonian Extension, 11. Ils. 6d.--Caledonian 6d -Chelmsford and Bury, I desdale and West Linton, it. 2s. . It. 6a. 6d.--Caledonian and Northern Direct, 1/ 17s. 155.-Clydesdale Junction, 12/. 10s.-Comwall and Devon Central, 11 . 12 s. 6d.-Deeside Railway, 41.-Direct Northern, 21. 3s. 6d.-Dublin and Enniskill en, -D It. 10s.-Dundee and Arbroath, 301 . - Ditto, New, 21 1.-Dundee and Forfar Junction, 1/ • 168 •undee and Perth, 1.5/. I le.-Ditt o, Ki nross V.-Eastern Counties Extension, 21. 55.-E as t Indian 9d.-East of Fife, 11. 1 ls.-East Lothi an C entral and n Ex ai t i e w n a s y ir 1 , Tyne Valley Junction, I/. 75.-Edinburgh and Bathgat e , 21 . Os. 6d. -Edinburgh and Glasgow, 731. 108.-Ditto, Half Shares, 171. 10s.- Ditto, Quarters, 181. 10s.-Ditto, ditto, New, 171. 10s.-Edinburgh, Glasgow, and Dumbarton, 19s. 3d. -Edinburgh and Leith Atmosphe ric, It. 45.-Edinburgh, Leith, and Granton, 161.-Ditto, Preference, 18/.-Edinburgh and Northern, 61. 10s.-Ditto, Newport, 17s. 6d.- Ditto, Lochgelly, 11. 4 5.-Edinburgh and Peebles, it. Bs. W.-Edin burgh and Perth, 2/. N. - Edinburgh, Portobello, and Musselburgh, 1/. 125.-Forth and Clyde Junction, 1/. 15 5.-Glasgow and Ayrshire, 721.-Ditto, New Stock, 301.-Ditto, Quarter Shares, 18/.-Glasgow Belfast Union, 11. 17s. 6d.-Glasgow, Dumfries, and Carlisle, 21. 35.- Glasgow and Dundee Junction, 11. 135.-Glasgow and Garnkirk, 401. 10s.-Glasgow General Tenninus, 9/.-Glasgow and Greenock, 171.- Ditto, New Stock, 8/. 15 5.-Ditto, Preference, 11. 155.-Glasgow Har bour Grand Junction, 11. IN.-Glasgow Harbour Mineral, 11. 158.- Glasgow, Kilmarnock, and Ardrossan, 1/. N.-Glasgow, Strath. riven, and Lesmahagow, 2/. Is. Gd. - Granton Junction, 1 0s.-Great County Down, 1/. 1 0s.-Great North of Scotland, 11. 10s.-Great North and South Wales, I Is. - Inverness and Elgin, 1/. Os. 64.- Lanark and Lothians, 21. 2s. 6d.-Larne, Belfast, and Ballymena, 12s. - London and Hounslow, 155.- London and Manchester (Rust.), 3/. 5s - London and Manchester (Remington's), 11.-London and York, 2/. 55.-Ditto Half Shares, 11. 12s. W.-Midland and East ern Counties, It. 18s.-Morayshire, 1 /. - Newcastle and Berwick, 211. -Newry and Londonderry, 1/. 75.-North British, 281. 108.-Ditto, Halves, 9/.-Ditto, Extension to Carlisle, V. 19s.- Ditto, Extension to Dalkeith, 61. 12s. 6d.-North Wales Mineral, 131. N.-Ditto, New, Si. N.-Perth and Crieff Direct, 1/. 12s. 3d.--Perth and Inver ness, 1/. 1 ls. W.-Scottish Central, 151.-Ditto, New, R.-Scottish Central and Caledonian Junction, it. 6s -Scottish Grand Junction, 15 5.-Scottish Midland, 71.-Scottish Southern, 11. 13s. 6d.-Shrews bury and Hereford, 53.- Shrewsbury, Oswestry, and Chester, 3/. 25. 6d.-South Midland, 4/. 55.-Stirling and Dunfermline, 11. 158.- Stirling and Midland, 21.-Strathearn Junction, It. 10s.-Surrey Grand Junction, 10s.-Tean and Dove Valley, 155.-Wishaw and Coltness, 471. 78. Gd. GLASGOW, MAT 2. STOOK EICLIANQZ,-The 601,100 are—Aberdeen, 434—Aberdeen, Banff, and Elgin, 295.-Airdrie and Bathgate, 485.-Ayr and a, loway, 325.-British and Irish Union, 425. 6d.-Caledonian, New, Ms.-Caledonian Extension, 335.-Carnwath and West Linton, 225. --Clydesdale Junction, 141.-Cornwall and Devon Central, 325.- Direct Northern, 425. 6d.-Dunblane, Donne, and Callender, 303.- East Indian Railway, 14s. 3d.-Edinburgh and Glasgow, 76/.-Ditto. New, 1914-Edinburgh, Glasgow, and Dumbarton, 19s. 6d.-Edin urgh and Peebles, 285.-Glasgow General Terminus, 10%-Glas gow and Belfast Union, 38s. 6d.-Glasgow, Kilmarnock, and Ayr, 76 1 /-Ditto, New, 34% -Glasgow, Dumfries, and Carlisle, 475. 6d. -Glasgow, Kilmarnock, and Ardrossan, 468.-Glasgow and Dundee Junction, 345. -Inverness and Elgin, 21s. 6d.-Kilmarnock and Ayr Direct, 365. 6&-Lesmahagow, 41s. 6d.-Pertb andlnverness, 335.- Perth and Crieff, 325. 6d.-Bcottish Central, 16,4-Scottish Sou*- , ern, 365.-South Midland, 845.-Stirling and Dunfermline, 355. IMPERIAL PARLIAMENT. HOUSE OF LORDS, May 4. Their Lordships assembled at the usual hour. GLASGOW, KILMARNOCK, AND ARDROSSAN RAILWAY. The Earl of EGLINTON presented several petitions from parties residing in Kilmarnock, in favour of the above railway. SUNDAY SPIRIT TRADING. The Bishop of CHESTER presented a petition in favour of closing public-houses on Sundays. The Bishop of DURHAM presented similar petitions. EXCLUSIVE TRADING IN SMALL BOROUGHS IN SCOTLAND. The Duke of BUCCLEUCH presented a petition from a Freemen Association of Edinburgh in favour of the Bill lately introduced to abolish exclusive trading in small bodies in Scotland. The Earl of CHARLEVILLE brought up the report of the Select Committee on Railways, of which he is chairman ; after which he presented a petition from the borough of Bridge water, in the county of Devon. He begged leave to call the attention of the House to the prayer of this petition, which was, that their Lordships would be graciously pleased to appoint a select committee to inquire how far the Aet of 10. Geo. IV., entitled, the Catholic Relief Bill, and the tenets pro fessed by Roman Catholics were consistent with the British constitution. Several Bills were brought from the House of Commons. EXCLUSIVE DEALING. Lord CAMPBELL presented a petition from the inhabitants of Glasgow, praying for some measure by which to prevent exclusive dealing in that city. PUBLIC WORKS IN IRELAND. Earl of WICKLOW presented a petition from the in habitants of Cork, praying that the recommendation of the Committee of Public Works, who sat in 1835, might be carried out in that city. The Bishop of ST. DAVID'S presented a petition from the Society for Promoting Christianity among' the Jews against the Charitable Trusts Bill. The Bishop of LONDON presented several petitions to the same effect. The Bishop of EXETER presented a petition from the inha bitants of Retford in favour of the Charitable Trusts Bill ; also a petition from the Arcbdeaconry of Exeter against the union of the sees of St. Asaph and Banger. RELIGIOUS OPINIONS RELIEF BILL. The Bishop of EXETER gave notice that he would move to-morrow that this Bill be submitted to the judges, with the view of having their opinion oa the propriety of passing it into law. CHARITABLE TRUSTS BILL. Lord NORMANBY presented a petition from Kingston. upon-Hull against this Bill, signed by the Chairman of the Charitable Trusts of the borough, RELIGIOUS OPINIONS RELIEF BILL. The Bishop of EXETER said, at the request of his Noble and Learned Friend (the Lord Chancellor), he wished to alter the motion of which he bad given notice with respect to this Bill. He should postpone it until Friday next, in order that the questions might be printed and placed in the hands of their Lordships before that day. ST. ASAPH AND BANGOR. The Bishop ef OXFORD presented a petition from the Deanery of Newbury against the division of these sees. REGISTRATION OF DEEDS' BILL. Lord STANLEY presented a petition from Liverpool aping his Bill. CHARITABLE TRUSTS BILL. THE NOBLE LOEB said he had another petition to present, to which he begged to call the attention of their Lordships, and the Noble and Learned Lord on the Woolsack, praying exemptions from the provisions of this Bill. It was a petition from the Preston Auxiliary Religious Tract Society. He was ready to support the Bill, because he thought it very de sirable for the more effectual government of trusts, and espe cially the auditing of their funds. But those from whom the petition emanated were the representatives of a charity sup ported by voluntary contributions, who expended their own money as they thought fit, and in the management of which charity they received no assistance from the State. They con sidered the publication of their accounts to be unnecessary and uncalled for. They went further, and gave expression to an apprehension which appeared to him to be well- founded, namely, that the public ordeal with which they were threat ened would have the effect of materially diminishing the amount of subscriptions.—(Hear, hear.) The funds were at present administered gratuitously by persons who were sub scribers to the society, who took a great interest in its pros perity. They made very great exertions for the purpose of increasing its funds. They, therefore, en reasonable grounds, prayed their Lordships to be freed from the operations of this Act.—( Hear.) The LORD CHANCELLOR said he had been repeatedly applied to by societies similar to that from which the Noble Lord had presented the petition, and he had uniformly stated that he would take into consideration the representations which they had made to him. When he should move the second reading of this Bill he would state to their Lordships the course which he meant to pursue with respect to societies of this de scription, and ,with respect to other societies, concerning which similar representations had been made. In justification of the course he had pursued, he begged leave to remind their Lordships that when this Bill was laid on the table of the House, during the last session of Parliament, it was referred to a Committee of their Lordships, who sat in deliberation, and the result was that their Lordships had recommended the Bill to be laid on the table in its present shape. Lord COTTENHAM entirely concurred in the observa tions of the Noble Lord. He had himself presented several petitions from similar societies, who stated that they were actual trustees, and often under liabilities to the amount of 40,0001., and they considered it a very great grievance if they would be compelled to publish their accounts. He hoped, therefore, that their Lordships would take their case into con sideration.—( Hear, hear. ) The LORD CHANCELLOR remarked that the Bill re ferred to two subjects. The one the administratio n of charitable funds, and the other the inspection of their accounts. The question of the Hon. and Learned Lord referred to the latter point. Lord BROUGHAM said that so far from this interference being anything new, it had been proposed by the Commissions that were issued in past years to inquire into the subject—in 1818, and in 1819, and again after he became a Member of that House in 1831. Every Commission that had been issued had been instructed to inquire into all charities with certain exceptions. In the course of these investigations 40,000 charities had been inquired into. He admitted that voluntary funds raised by parties were not fit subjects for their inquiry, for if people chose to allow themselves to be deceived it was their own affair. It was different where the funds were invested in trustees, for there the savings became public charity, and came within the scope of the present Bill. After a few words from Lord COTTENHAM, RAILWAY DISSOLUTIONS BILL. The Earl of DALHOUSIE brought up the report of the Committee on this Bill with two amendments, which, in agree ment with the suggestions of several .Noble Lords, he intended to submit. The first, recommended by the Noble Lord oppo site, referred to the right of pre-emption in the property of a company, in the event of a m a j or ity agree i ng to dissolve it. To that he had no objection, though he did not apprehend it would be of much use, as the parties who might want to get up the company again, could easily get the particulars they wanted at the Parliamentary or Private Bill offices. The Noble Lord then read the clause he intended to propose, which was to the effect that the minority of a company should have the right to purchase the plans, sections, and other property of the dissolved company, at a fair valuation. The Bishop of L ONDON said there were exceptions in cer tain cases, such as all charitable societies supported by veins tary contributions alone. The Earl of ELDON presented a petition from the iron mongers of the city of London against the Bill. Lord BROUGHAM presented a petition from Lord Meadowbank, as the representative of the property of a gallant officer, now in the service of his country in China, against a railroad which was proposed to run through a part of that pro perty, which would destroy some of the most beautiful parts of it. RAILWAY BILLS. Lord BROUGHAM said that he was now about to lay be fore their Lordships a series of resolutions with regard to rail way Bills, and finding that a large measure was at present proposed with regard to thia subject he felt it to be his duty to take the earliest opportunity of bringing the subject under consideration. The Noble and Learned Lord then read the resolutions which he proposed to submit to the House, and which were extremely voluminous. They were to the effect that, in order to legislate property in private, but especially railway Bills, it was expedient to form a Court, apart and in dependent of the High Court of Parliament, except as regarded the removal of its members, whom he proposed to remove, if necessary, by the Crown, or the address of both Houses of Parliament. This court or board should consist of five members, who should be appointed by the Crown; and so paid for their services that the most respectable members of the legal profession might be obtained to constitute such board. That until it could be seen how far that number of Commis missioners i t was e xpedient, in the first instance, ei suffice, of Bankruptcy, or Mast ers in h re t o a p would pin t C s Chancery, g t the Houses of Parliament , on recei v ing a Bill, should, before e to fill the offices, but without additional pay. That a first time, refer it to this tribunal, whi c h s h ou ld reading have the power of swearing and summoning wit nesses, power of deciding on all questions, always, however, subject to the opinion of one of the four courts of Westminster Hall, by moving that the resolutions (twenty-three i if rendered necessary. The Noble and Learned Lord con cludednanndoothe. The On t motion he ra ot ( la s unanimously L o Lord d C A agreed mp B EL t L o ber) be printed. DEATH BY R A A I C L C w I ACCIDENTS D T E S Bill 7, Thi s was Bill, brought o n theup and motionagreed o f to. DEPOSITS BILL. BILL. report The Earl of DOCKS EWILLTypENRPpOreOseLnted through Committee. L ord MON th T e E o , n of t :: several BILL. petitions, numer ously signed, ag ainst th is Bill, from different parties, including one from Chester, another from New Brighton, ano th e r fro the inhabit ants of Liverpool , pool, and another from the Chester an d Birkenhead Railway Company. If the effect of this clause would be to give parties power to reconstruct a line, still be would be inclined to press its insertion. Another point urn which he would wish to say a few words. A clause had bees suggested by which to compel parties to give an affirmation , when voting, that they had been the bond fide possessors of scrip upon the 31st of March, He had given that subject great deal of consideration, and had consulted others upon it , when he had come to the conclusion that it would not be ex pedient to insert such a clause, inasmuch as that the affirma tion would not affect the object, while it would operate unjustii to others. It wou ld b e carr i e d t o s o great an extent, befor e it could affect the object, that it would be scarcely possible toi do it, at l eas t t o d o i t i n suc h a way as t o a ff ec t a rea lly go l undertaki ng to any extent. For these reasons, he subinit te '' that the plans proposed to meet the difficulty, would not hav e the effect contemplated. Earl GREY said the statement of the Noble Earl confirm e d _ him in th e b e li e f th a t th e Bill wou ld work very great injust i ce indeed to many persons who were highly deserving the c o , ssideration of the House, namely, persons of influence an capital, in order to meet the wishes of persons who had over_ speculated, and now wished to withdraw from the undertaking:: with which they had connected themselves. Let their Loro ships consider the position in which some of these pa rties would be placed if the Bill became law. Many had taken sha r e s in companies whose demands they were unable to comply vi but if the Bill were passed, many bond fide projects, whin would afford communication to districts now suffering from tb ° inefficient means of transit, would be abandoned—not becaus e they were bad in themselves, but because a majority of these who were vested with the power of rejection had not the mea tns of meeting their calls,:and, therefore, they desired an early sacri fice. But then the prudent men, who had joined carefully . I _ l _ l . a project, and who were willing fully to carry it out, would f: sacrificed. But when the companies were projected, no ill"