The Sun. — London, England, 1848-10-28 00:00:00

...........---... -_____ --- ......-- -. - — qv - . ~ • , ~.._ ,tr b tei y os nsu a arn e d lo o s .rseumico s iv e ci r ca v ai: : a : , o rim n pe o tiio, •eial de ...10111::::: t• 4 .; •,.,.,••••,---,,, • • , ~... - - • • ,„ .--- •'' - '': ) ' ~,,•:(, ...,,..1 --, •.??..• ~4 . 1 1 , 1 4 V-1. ... - .1,1-. .**l4.4‘ .. ~,...---- ----7 Ami h .... -- --,,, , ,. ,---. - ~, .5 . • ~, l' • - ..' .';'\ . - _____.-- ~..., . i , ..,-W - : 410P t ' ---, •-•" t:,f.: , • ' ': :;,i .'' .!._ r .., - M ''' ' .- . N ‘ a ' i reV. • •. k,,, nt, .: -‘..._ . ' ~••• ''''‘‘k s,(ll.,..:l.' * - ' ' '.7-1.-7 ;' 4 . " • /' . ~, 4 : . : 41r . ,- i_ .‘e „ ie 7.:..7.. : ~,,„ ? --, - --: --- - _, /- -.---- , t ' " • -„: ; - -,....,„ -- i - . .....,_-- ..; .... ' - . ..eg ,,, , , 7 -0,-; . , . - - -) , ,,. - a, , ., , ~,,, .:. * 2 ' ' ''' l' '... . ---- ~;- v - '' , ....„..t..#:,, A , - -',- a ti- .-- 4,4 ~.'_. .`-•t'io -Iv w ,-. ,s, , ..4111 , ...ty' - ~." '1 ...., , ! , 3. , /" . "Ii" Ifr the gir:,..„2 4 4 , 4' , .5-- ,-,.„ 4.1-F.I ~,, . .-, - ....,_ A- i - 4..-, --: .2'-%.3 , •Z: , f / ' i - ~: ' c - 7_ ~."-t , ,..k. , . _ •„. • 7 • i '..-,:•=w ef:-W4l -g, ---____ ~‘„„,,, ir, ,41; A. * ~? Acti r 7,-4- 1 -..., A ~,,,,,,,y- ____._` ._,_ , !.J,, * -i.r 3 / 4 1 _..- .....,,9 / ) . .1. 2. j ' - . ' . ~...;#,.!..: . ti,* - ',..-.. , ~ 1 3) • ' - -e-41'' 1* 16) 1 - -7 '‘.. ' ;r - I : k. l''' .- 1:;/ 7 ' '' ' II ''' ' '':' N '''. -- .'>. 4 -v: - - '-- - ----,t-,...s . nothino- less thi,n the sev ------ - •••.. .-. to,. . . ------.. ‘'''.l.-":'.. li7 N , - . No. 17,501.] RONDO ; N 9 OCTOBER 28, 1848. [PRICE SD. EJNIVERSITY OF EDINBURGH, Au g . 21, 1848.—The SESSION will be publicly OPENED on TUES DAY, October 31, at Two o'clock, p.m., when an ADDRESS to the STUDENTS will be delivered by the Very Rev. JOIIN LSE, D.D., Priseipal. The Classes for the different branches of Study will be opened as follows : he latter direction. A very considerable class if capitalists —men who might be thought competent co examine any scheme of accounts—confess themselves tut of their depth when they come to railways. If they amid see their way clearly, they would be only too •iappy to buy shares, as they can do now apparently, to pay Bor 10 per cent. for their money. Let every com pany put out such a scheme as shall remove all suspicion and defy all cavil. Let all the liabilities, debentures, u. preference shares be clearly stated, and let the whole 'peculation be exhibited in its complete and working orm. The public will then lee what chance there is of good, bona fide dividend three or four years hence." Was this the language of hostility, or of friendship? file North •Western Company at least justifies our ad vice, for it admits that it has hastened the publication of its statement in consequence of the panic; and, if we mistake not, it will find its shares rise in consequence. POST.—The statement of their accounts, which has 'or some time been expected from the London and North-Western Railway Company, will be found in our iolu mns of this day. It is opportune, important, and atisfactory, and will go far towards relieving the public mind from an anxiety injudiciously and to a great extent unjustly created with regard to the value of property in vested in those great undertakings which have so largely employed the capital and so materially promOted the commerce of the present age. We were t h e f i rst to dis courage the daring and desperate speculations which, under all possible and impossible pretences, were, some eighteen months or two years ago, palmed on the unwary or the credulous: Our anticipations were ve rified, and men, if not richer for our earnest warnings, became wiser by their own bitter experience. But caution may be overstrained, as Well as enterprise; and if the recklessness of 1846 was generally fatal, the fears of 1848 have been extensively injurious. Both were ex aggerations of truth, and in exact proportion to its error each has hurt the cause which it misrepresented. Whole some adventure in the one case, and judicious prudence r 1 the other, were overstrained, and " frightenud from their propriety." Both these evils arose from the' ab sence of sound information. The hopes of the public and its fears are easily excited by general statements of good or evil. The more vast and vague the promise or hreat, the deeper and more active is the sentiment pro duced. It is therefore with much wisdom, and, we doubt !mot, it will be with corresponding benefit to its affairs, that the London and North-Western Railway Company has addressed to its shareholders and the public a statement in detail of its engagements and liabilities. The depression of railway stock—a depression which has weighed most severely on the interests of whose suf. fering with any considerable reduction—h as b een . i t n h c a o t m la e r s g a e re an s d o important body b t o o dy br o i f n g th c e er c tit o i m n m an u d ni d ty eep created by the apprehension that the companies had en ;raged themselves in the formation of auxiliary and branch lines to an extent beyond their means, and tha consequently even the most remunerative of the esta. q blishea trunk communications were in danger of being swamped by the ruinous expense of such ancillary spe culations. As far as the London and North-Western line is concerned, the accounts no; before the public completely prove that such apprehensions are ground less. The capital actually expended on the main line and on branches producing revenue, including the plant for all branches, is 18,598,556 j This represents 438 miles of road formed and bearing traffic. Of branch lines in the course of formation, but not yet producing revenue, there are 62 miles for the works, for which, with their stations, &c., 1,481,3291. had been expended up to the 30th of June last, and a sum of 836,8962 is required for their completion. For subsidiary lines, in which the company is interested by subscription, contribution, and guarantee, extending to 641 miles of road, the amount paid is 3,098,4331., leaving yet to be advanced a sum of 1,846,7981., forming a total subscription of 4 ,945,2311., and the lines " to make which powers have been ob tained, but which will not be acted upon without further and full consideration," would cost 3 ,876,963/. The whole amount, therefore, actually expended up to the 30th of June last is 22,835,120/., while the entire sum which may be required to complete these undertakings is no more than 3,136, 626 L—a state of things which, considering was seven that p t e h re cent., last dividend, is tbev very r yr o declared ver se at of its doubtful.mini- Nor is the state of the accounts of capital and revenue less conclusive. The directors remark that— " From the summary it will be seen that the total ultimate expenditure is expected to be 25,862,012/. The account will therefore stand thus Dividend upon total share capital 0f...X21,047,747 at 7 p. cent. £1,473,342 Loans, 4,814,2651. at 4i per cent Less at 3i per cent on 4,945,2312, as sumed return on capital of subsi diary lines, as per Schedule 3 216,642 L-LITERATURN AND PM LOSOPHT. JUNIOR HUMANITY —Wednesday, November 1, at Twelve and Two o'clock—Professor Pi ',taxis. SENIOR HUMANITY--Wednesday,'Noveinber 1, at Nino and Half-past Eight o'Clock— Professor PILLANS. FIRST GREEK -Wednesday, November 1, at Ten and One o'elock— Professor DUNBAR. SECOND GREEK —Wednesday, November 1, at sloven e'clOck —Professor JOUNBLZ. THIRD GREEK —Monday, November 6, at Two o'clock—Pro fessor DUNBAR. FIRST MATHEMATICAL —Wednesday, November 1, at Twelve o'clock—Professor KELLAND. SECOND MATHEMATICAL—Wednesday, November 1, at Ten o'clock—Professor KELLAND. THIRD MAT HEMAT IC AL —Monday, November li, at Nine o'clock—Professor KELLAND. LOGIC awl META p HYSICS —Wednesday, November 1, at One o'clock—Sir WM. HAMILTON, Bart. MO RALP fl 111,040 OHY—Wodsesday, November 1, at Twelve o'clock—Professor WILSON. POLITICAL ECONOMY—Professer WiLson. NATURAL PHILOSOPHY—Wednesday, November 1, at Eleven o'clock—Prefesser FORBES. RHETORIC and BELLES LETTRES—Wedaesday, November 15, at Three o'clock—Professor Arroun. AGRICULTURE—Thursday, NOvember 4, at Fear o'clock—Pro f essOr Low. UNTVE RSA.L HlSTORY—Wednesday, November 22, at Two o'clock--Professor INNES. THEOVr OF MUSlC—Monday, 'November SO, at Twelve, Two, and Three o'clock—Professor DomALeson. lI.—THEOLOGY. , DIVINITY—Tuesday, November 7, at Eleven o'clock—triacipal LEE. DIVINITY AND CHURCH HlSTORY—Tuesday, November 7, At Twelve o'clock—Rev. Dr. ROBERTSON. HEBREW—Junior Class— November ,at —Advanced Class, November , at • o'clock. BIBLICAL CRITICISM AND BIBLICAL ANTIQUITIES — Tuesday, Novanalaer,7, at One o'clock—Bev. BT. o'clock. 1 - 11.-LAW. CIVIL LAW—Monday. November 13, at Three o'clock—Pro fessor ssoisrrom. • LiW OF SCOTLAND—Monday, November 13, at Three o'clock —Professor Moog. CO NVEYANC IN G—Monday, November 13, at Four o'clock— Professor Ilmmrs. IT.-IZEDICINE. DIETETICS, MATERIA MEDICA, AND PHARMACY—Wed. nesday, November 1, at Nine o'clock—Dr. Cuaispsort. CHEMISTRY —Wednesday, November 1, at Ten o'clock—Dr. GREGORY. SURGERY —Wednesday, November 1, at Ten o'clock—Professor MILLEa. MEDICAL JURISERUDENCR AND POLlCE—Wednesday, November 1, at Eleven o'clock—Dr. TRAM. INSTITUTES OF MEDICINE —Wednesday, November, 1, at Eleven o'clock—Dr. BENNETT. , GENERAL PATHOLOGY —Wednesday, November 1, at Elev . = o'clock—Dr. Hawnassow. - CLINICAL SURGERY (Monday nal Thursday) —Monday, No vember 6, at Twelve o'clock—Professor STIR. CLINICAL MEDICINE (Tuesday and Friday)—Tuesday, No vember 7, at Twelve o'clock—Drs. Armor( and CastsTisow.. ANATOMY —Wednesday, November 1, at One o'cloet—Professor 000512. MILITARY SURGERY —Wednesday, November 1, at Two o'clock —Sir GEORGE BALLINGALL. • NATURAL HISTORY —Monday, November 6, at Two o'clock— PrOfeeSOr JAMESON. MIDWIFERY and DISEASES of WOMEN and CIIILDREN— Wednesday, V . ovember 1, at Two o'c,lock—Dr. &sums. PRACTICE 'of PHYSIC _Wednesday, November 1, at Three o'clock—Dr. Amami. ROYAL INFIRMARY—It Noon, Daily. FRAC rIcAL ANATOMY (under the superintendence of Pro fessor Gooosin). rrucTlcAL CHEMISTRY (under the superintendence of Dr. GREGORY) . Daring the Summer Session Lectures will be given on th. following Branches of Education : BOTANY—By Dr. Batrotrx. MEDICAL JURISPRUDENCE —By Dr. 'Nati,. CLINICAL MEDICINE — CLINICAL SURGERY—Tty Professor SYMI. PRACTICAL CHEMISTRY and PHARMACY. PRACTICAL ANATOMY— MATarcrmaytox.—Every Student in the Faculties if Arts, Law, and Medicine, before entering with any Professor must produce a Matriculation Ticket for the ensuing Session. Tickets will be issued at the Matriculation Office, in the College, every lawful day, from Ten till Foer o'clock. Enrolment in the General Album is the only legal Record of attendance in the University, except in the case of Students of-Divinity, who are required to enrol at the Theological Library before applying for Tickets from Professors la the Faculty of Theology. , , LIBEARY.—The Library will bo open for the purpose of giving out Books to Students, either on loan or for reference. in the Hall ap pointed for that purpose, every lawful day daring the winter Session, frern Ten o'clock ♦.m., till Four o'clock P.M., except on Saturdays, Is hen it will be shat at One o'clock precisely. Every student applying for Books mast present to the Librarian his Matriculation Ticket for the Session, with the Ticket of at least one Professor. Eery book tskea out must be returned within a fortnight un. injured. N.B.—lnformation relative to the Curricula of Study for Degrees, Examinations, &c., stay be obtained on application to the Secretary, at the College. A Table of Fees may be seen la theXatricalation-office, and In the Reading-room of the Library. By authority et the Patrons of the University, BLAIR WILSON, Secretary to the University. PROMOTER LIFE ASSURANCE AND ANNUITY COMPANY, 9, Chatham-place, Riackfriars, London.—Established in 11126. Subscribed Capital, 240,0001. DIRECTORS. The Right Hon. W. S. Ilayter, Robert Palk, Esq. M.F. John Louis Prevost, Isq. Charles Johnston, Esq. Samuel Smith, Esq. John Towgood Kemble, Esq. Le Marchant Thomas, Esq. John G. Shaw Lefevre, F.R.S. TRUSTEES. John Deacon, Esq., John G. Shaw Leferre, Esq., F.E.8., and Charles Johnston, Esq. This Society effects Assurances in every variety of form, and on most advantageous terms, both on the bonus and nen-bonus systems. The Premiums, without participation in the Profits, are lower than these of most other offices, whilst those on the participation scale hold oat the prospect of a handsome addition- being made every Five Tears, to the sum assured. The holders of Equitable Policies can secure their bonuses at the approaching division on the best terms with this office. Prospectuses, with tables of rates, and all farther particulars, may be obtained at the ifice. MICHAEL SIWARD, Secretary. UNITED KINGDOM LIFE ASSURANCE COMPAN7.---8, Watorloo-place, Pall-mall, London ; 97 aeorge-street, Edinburgh; 12, St. Vincent-place, Glasgow; 4, Col lege-green, Dahlia. DIRECTORS. JAMES STUART, Esq., Chairman. HANANEL DE CASTRO, Esq., Deputy Chairman. Samuel Anderson, Esq. D. Q. Henriques, Esq. Hamilton Blair Avarne, Esq. F. C. Maitland, Esq. E. Lennox Boyd, Esq., Resident. William Raton, Esq. Charles Downes, Esq. • John Ritchie, Esq. Charles Graham, Esq. • F. IL Thomson, Esq. SECOND SEPTENNIAL DITISION OF PROFITS: This Company, established by Act of Parliament in 1134, affords the most perfect security in a large paid•up Capital, and in the great success which has attended it since its commencement—lTS ANNUAL (ROOMS REIN° UPWARDS OF 94,0001. In 1841 the Company added a bonus of 21. per cent. per annum on the sum insured to all Policies of the participating class from the time they were effected, to the 31st of December, 1840, and from that data to 61st December, 1147, vv. per cent, per annum was added at the General Meeting on the 6th of July, 1141. Tho bonus thus added to policies from March, 1134, to the Slat of December, 1647, is as follows: gum, Assured X5OOO 6000 6000 • iOOO 6090 6000 $OOO _.Tim• Assured. F•um'added too Policy inlB4l ' 4633 •-6 8 300 0 . 0 300 0 0 100 0 , 0 • • Nam added to ;Sam payable Polley In Mal at Death. 13. years 10 mths 12 years IS years I years 0 years 4 yearg" • A years - £787 10 0 .0470 IS 787 If 0 6287 10 0 787 10. 0 '64387'10 0 757 10 0 5887 10 11 675 0 0 4675 0 0 ' 450 0 0' 4450' 0 0 223 0 0 2225 0 0 The Pr •nly one saranceis No Ent Every I Director, 'etniums, nevertheless, are on the most moderate scale, and -half need. be. paid for the first .five years where the In s for Life. :ranee Stoney or charge except the Policy; starnp. information will be afforded on application to the Resident No. II; Waterloo-place, Pail Eait, London. • PROVIDENT, .LIFE OFFICE, 50, REGENT-STREET,. end t, ROYAL. EXCHANGE ITILDINGS LONDON. Established tdo6. INVESTED CAPITAL, 1,230,0001. - Animal Income 1.40,0001. Bontises declared 743,000/. Claims paid since the Establishment of the Office, 1;678,0001. PRESIDENT. She Right llonourable EARL GRET. • nnticToni. The Hen. Arthur Kinnaird, Chairman. The Rev. Jamet Sherman, Deputy Chairman.- Rem,- R. Alexander, Esq. William Ostler, Esq. Henry Blencow• Churchill. Esq. George Round, Esq. George Deere, Esq. James . Sedgwict, Esq. Alexander Henderson, M.D. Frederick Squire, Esq. • William Judd, Esq. William Henry Stone, Esq. dir Richard D.Xinavßart. Capt. W. John Williams. JOHN A. ISEAUMONT, Esq., Managing Director. runletAx—John Maclean, M.D., F.S.S:, 29, Upper Montagu,. - street, Montague-square. The Rates of Premium are those adopted , by the principal Life Oakes, the rate without bonus is lower that that of moat eth er sniees. ' • The bonuses are added tithe Policies, or applied to the reduction of the Premiums. - • - Policies issued by this office are, purchased at their Mil value ; or Loans may be obtained upon then, after the,y,have•been in eXiStenclo (Cr flue years. If a party neglect to pay for the renewal of his Policy, he may repair the emissiOa anytime within twelve months, upon proof of 'geed health. The Profits (subject to a trifling deduction) are divided among the Insured. The plan upon which they are divided ;Ives to each party insured a share proportionate to the amount of the Premiums ho has contributed. In addition to the above advantages, the Director& have determined to adopt the penciple of allotting a prospective Bonus to' PoliCies lapsing between the Septennial periods of division, in order that all the Policyholders may participate equally in the Profits of the Society. The following Table shows the amount of Bonuses added to Policies existing at the present time. .. Total sum Date payable,' to " Policy „,. Sam Bonuses Increase on• original which futu re No. ! insured. added. . Policy Insurance. bonuses willbo added. - -- -- -- -------. £ X s. d. X s. d. 21 1101 660 415 10 2 83.10 percent. 813 10 If 421 1867 9041 982 12 1 1 09 . 17 ~ 1882 12 1 1174 MO 1200 : 1160 8 6 96.68 „ 2360 5 6 1395 1811 1600 1328 6 6 13.02 ~ 2928 8 8 3281 1220 2000 19 0 6 13 5 95.33 ~ 3906 13 5 3392 MO 6000 3558 17 8 71.17 ~ 8558 17 8 435$ 1622 8000 • 2541 8 6 84.7 ” 5541 3 6 Prospectuses and full particulars may be obtained upon applica tion to the agents •f the office in all the principal towns of the United Kingdom; and At the head •CHoe, No. 50, Regent-street. 173,083 . . son's letter to which -we may allinfe with a special gratification. We, refer .to what -he says of 1 the Weekly Stock Exchange. List. Our jenrnal, now five or "six weeks ago, was the first to direct attention to' the unspeakable mischief which ' this pubUcation, by its gross misstatements, was weekly working. ' We cha racterised the course it was pursuing in the strongest terms which it 'would have been prudent for ut to employ. *Norelid we spare the Stock Exchange Com mittee, under whose. sanction it was issued, any . niore than we did its conductors. It was idle for therm to cause an intimation to be put into it, that they were'not to be held responsible. for the opinions it expressed; er the statements it contained. It came out avowedly under their auspices and at the very mo men t th ey were disclaimi ng responsibility for what it contained, 'the conductors were neutralizing the value of the disclaimer by publishing in all the public journals that they had got the sanction of the Committee of the Stock -Exchange to the insertion of ed vertisementi in the List. This clearly showed that the publication was entirely under their control. So, at any rate, the public understood the matter. .And so understanding it, it - was no wonder if the price of railway shares tumbled down, day after day, when a publication, issued under the authority of the Stock Ex change COmmittee, boldly asserted that stock which was paying six and seven percent.' was not in a position to 'pay.more than three or four per cent. Mr. Hudson comes forward and indorses all we have said respecting this mischievous publication. , 1 " I wish, says 'that gentleman, " I could call the serious and grave attention 'of the Chairman of the London Stock Exchange to a publication, which is issued weekly, professing to be under the sanction of that body. lam aware that the statements which appear in that paper are stated not to be published under the authority of the Stock' xchange; tut I cannot close my eyes to the effect that they produce on the mind of the' public, who naturally consider that they have that sanc tion. If these statements were correct and true, no per son would - have a right to complain; but when they are almost in every in, Lance iiicorrect, and their general tendency is to depreciate 'railway property; it would be well that the StOck Exchange should disavow a publica tion which is calculated to do so much mischief.' Such pointed observations, coming from such a quarter, cannot be without their effect. The Stock Exchange Committee are now bound, in justice to their own character, as well as in justice to the holders of railway shares, to withdraw their sanction entirely 'from the publication. This they are bound to do at once, and 'in the most public manner, so that no one may hereafter'be misled by its erroneous representations. If this be done, the publication will cease to do mischief by ceasing to exist.—[Since the above was put into the hands of the printer, we have received the gratifying intelligence that this mischievous publication has been brought under the special consideration of the Committee of the Stock Ex change, and that they have come to the resolution of prohibiting the insertion of any more " statements" re garding railway accounts. The resolution is thus worded— " That Mr. Slaughter be required in future to limit the contents of the Weekly Share List to the usual tabular railway statistics, prices, •and official corre spondence." So, then, our object is accomplished. The sting has been extracted from the wasp. Henceforth the Weekly Exchange List will be as harmless as a dove. This is one essential service which has been rendered to the railway world.] CHRONICLE.—We publish this day the exposé, officially promulgated by the North-Western Railway Company, of their financial position and prospects. It presents a detailed and elaborate picture of the past ex penditure, and the existing liabilities of the company, arranged under four distinct heads, with a summary, forming a fifth schedule, of the total capital which re mains to be provided for each class of liabilities. The result of this statement, which is plain and distinct enough even for persons little practised in accounts to ' comprehend, must tend, we think, to dissipate the wild rumours which have been ignorantly or designedly circulated within the last few weeks respecting the situation of some of the leading companies, and to disabuse the minds of shareholders of those panic terrors which have led them at once to sacrifice their own interests and that of the commercial commu nity'upon whom this new mania of apprehension has, in various ways, operated most injuriously. The classifica tion adopted in the tables before us appears to be an ac curate and a convenient one. The first head exhibits the expenditure and liabilities upon the main line and branches now producing revenue. The extent of rail way included under this division is 438 miles. The total amount authorised to be created in shares, was 1,047,7471. —the sum at present received upon shares is 14,044.5741.; upon debentures 9,186,672 L ; making together 23,231,2461. The expenditure incurred, down to Ist July last, was 18,145,624/., the aggregate estimated outlay being 18,598,5561. So that the sum remaining to be expended on account of the whole of the main line and branches, at present yielding revenue, is little more than 450,0001. The second schedule shows the branch lines in course of construction, and not yet productive. These are nine in number, but the extent is only sixty-two miles. Among ( the most considerable of these works are the enlarge ment of stations at Liverpool, Manchester, Crewe, Bir mingham, &e. The total estimated outlay is 2,318,225/. Of this sum 1,481,3294 has been incurred ; 836,8961. is yet to be expended. Schedule 3 is that to which the public and the shareholders will probably look with most solicitude. It specifies the subsidiary lines in which the company are interested by subscription, con tribution, or guarantee. There are nineteen lines in cluded in this category. To fifteen out of this number the company had, up to the 30th of June last, subscribed to the amount of 3,098,433. They are still under engagement to subseribe:;l,B46,79Bl. The sum is undoubtedly large, and, at present prices, the subscriptions to the Caledonian, the' Chester and Holyhead, the Bucking hamshire, and some other concerns' may not appear to have been very advantageous investments ; but then it should be recollected that these were not mere specula tive adventures. The concerns embarked in are all naturally connected with the company's main line ; they are calculated to further the development of its traffic ; and the influence which a participation in the property of them affords, is of essential importance to the North-Western directors. Adverting next to the gua rantees, we mast acknowledge that, 'whatever may have been the sins of other companies, we find here little to support the imputation of improvident bargains against the London and North-Western. Some of the higher guarantees, such as the N ort h U n i on and the Scottish Central, have been undertaken jointly with other companies, and, even if the arrangements should not prove remunerative, the amount of these liabilities is compara tively inconsiderable. In other cases, the rate cannot be deemed immoderate; nor, according to the test of the Share Market, has it at any time been so viewed by the people. The engagement to the Buckinghamshire line is 4 per cent., to the Coventry and Nuneaton 5, to the Huddersfield, Manchester, Leeds, and Dewsdury 7-10ths of the North- Western dividend for the time being, to the Stour Valley 2-3ds of the same, to the Shropshire Union one half. The return which these lines will yield must, of course, be at present problematical; but upon what ever data they may be computed, there appears to be little ground for charging the directors with having sa crificed the interests of the proprietors by any very ex travagant bargains, or outrageous concessions. In the majority of cases, the - amounts which the com pany has undertaken to pay are not more than a reasonable indemnity to the under takers for their enterprise ; and, taking _ one lino with another, •we believe that the anticipation, that in a few years they may be expected to yield a margin of profit to the North-Western Company, is by no means over sanguine. Schedule 4 comprises a class of under takings which, if not actually abandoned for good and all, may, we trust, be considered as' indefinitely postponed. The outlay which they would absorb is set down at 3,876,963/. The expenditure as yet incurred is stated to be nil. The Parliamentary expenses which must have been incurred 'hi obtaining the Acts, we presume, are charged elsewhere. Bat the lines themselves not having been commenced, there can,. be little question, under the present circumstances of the company, and of the times, that there will be no disposition, either on the part of directors or proprietary, to add 'these four millions to their capital ' account. Several years w ill probably elapse before the fifteen -branches and extensions enumerated in this schedule will be called for, to'- satisfy the demands of the' public, or will excite the c u pidi ty of the sharehold er s. 'The sum mary of the several classes above specified (the last be ing excluditd), ShOws that the total ultimate amount of capital to be expended upon the works ande r n t r e ge e ru nt etits I of the Comp any will -be 25,862,012/.. entire ameunt,of authorized litook and share capital should be fully called Up, winch is contemplated as likely to occur in 1852, it will reduce the . stina raised upon debentures to 4,814,2650 The great question then arises, as to the amount of profits which it, will be practicable to divide upon this capital. Upon this point, the estimates formed by the Directors in their_.present manifesto are a fair subject for scrutiny and Criticism, to which they will no doubt be rigidly subjected. • The public must judge whether, or no it isayeasnnablo anticipation t o assume that, i n four years from ' _this time, the average receipts upon the main line, increased, as it will then be, . by the branches specified in Sche-,!ule 2, and ,by that development 'of traffic from the completion of the works of . the Subsidiary Com . panies, may b e expected to increase to the extent of . ,6,424/. per week over the average of the year ju.t ex pired. They must judge, too,' whether the estimate of a return of 3i per cent.: upon the lines guaranteed and subscribed to, which are enumerated in schedule 3, be a modest :or' an over-sanguine estimate. That 40 per cent. upon the gross income is likely to form, at the period in . qoestion, a sufficient deduction for workin g expensei; will not, perhaps, be much questioned. These then, are tbedata upon which the directors build th e i r calculation of a minimum dividend of 7 per cent. upon the entire capital in 1852. This, of 'course, is not pro pounded as the measure.of their hopes, or even of their expectations, but onlyas a, sale. And cautious estimate of their ultimate position. . For ourselves, we must avow that the impression we have formed, upon the review . of their affairs now taken, is, that the share holders in this peat undertaking may repose a well founded confidence in the issue of their investment. The opinion which we have always expressed, as to the ultimate remunerativeness of railway property, is rather confirmed than shaken degree to which commer their returns. Let thisp: mania of reckless specula, be checked (and perhaps suffering of the recent crisis could have ensured this), the progression of railway traffic must attend, as it sill also promote, the extension of wealth, population, - eptcommerce. If these views are realised, the share holders of the North-Western Company will, in all probakility, not • reap the least valuable feuita .of- the. system. Errors in management there may have .been, false steps which cannot be retraces, Urge outlays of capital which tEe wisdom of present ex perience must reprobate and regret; but the statement which is now exhibited to the public, to the good fatal' of which we __may consider the character of the di rectors to be pl e d ge d , appears tousto h have e e e s n t a b u l v is d h e e r d . this point; at l east, t h at nothing which taken or engaged in has, in any degree, compromised the stability of the corcern—whatever temporary diffi culties may be encountered, the basis is sound. We may. add,lhat if any cour se ' cou l d, more than another, re-- eilitillsh its credit, it is the fulness and franknessot t t h h e e present disclosures. The public now • k now the worst. We think they may be well ju s tified i n hoping for best. We will only add our earnest recommendation to the other companies which haie been similarly a ssa il ed, that they should go and.do likewise. • HERALD.—At , the conclusion of these observations we give .the official statement,of the London and .North- Western - Conipany's financial position, the prasparation and publication of which have been renderedenccessary by the erroneous details recently issued in a sort of semi official shape in the Weekly Share List, and which, with some leading and mischievous remarks thereon, found a prominent place in the columns of our contemporary the Times. The statement originally published iu the Weekly Share List is' one which bears, upon the face of it, an air of great candour, and the observations of the Times wear also the semblance of sincerity and condo lence, but a slight investigation of the one and but a Jae consideration of the other will show that the apparently semi-official statement is most• injuriously incomplete, and the cominents of the journalist hasty, crude; and groundlessly mischievous. What are the facts? The Tintes, in some introductory remarks, by which it pre faces, in its City article, its quotation of the financial statement from the Weekly Share List, " of the engage inents of the London and North. Western Railway Com pany, together with an estimate of the traffic receipts that would be required, Supposing these engagements all -carried -out, to maintain - the present dividend - Of 7 per cent.," informs- its readers that " the statement hypears' to' have been made with great care, 411, on the most favourable assumption," scud it then says. " We add also a table of comparative I•esults, which will tend to open the eyes of the publin. to-the extent and pressure or the. schemes to which Parliamentary sanction have been granted in individual cases, and alas as to the ad ditional amount of railroad travelling that must take place throughout the country to realise the dividends that have been promised." . The language is, in fact, merely an echo of what the writereef the statement in the Weekly Share List himself observes. His estimate is to be depended upon " provided- all the share capital of the London and North-Western should be called up, and the whole of the leased and amalgamated lines be brought into operation." Every person at all acquainted with the general character of .the new lines - which the old companies felt it necessary to go to Parliament for in 1845 and 1846, knows very well that they were mostly of a protective character, and that the applications for them were in most'cases . matters not of choice, but of compulsion. The chief point, therefore, on which the compiler of such an estimate as the one we are dealing with should be clear, is manifestly the extent to which such lines are likely to be carried out. Without a correct knOveledge of this portion of the expenditure of a companb-an estimate of the probable amount of share capital, 39j of the probable amount of receipts, is worse than uselss—it is calculated to lead to most erroneous, and perhas--tnd indeed such has been the operation of it in tail-etisse—most mis chievous conclusions. It is true that the Writ* bf the statement in the Weekly Share List quotes a passage from a letter written by Mr. Creed on the Ist of July last, in which that gentleman says the -expenditure of capital for branch and subsidiary lines had been contracted to a great extent, and that several of itch lines; for the construction of which the company have powers, would not be made. But we must remark that these as surances weigh very little against, and are forgotten by the London and North-Western shareholder, in the con templation of an array of figures, from which he learns that , the liabilities of his company amount to about 36,000,0004 and that while 44,0004 per week is requi site to pay 7 per cent. on the present capital, no less a sum than 70,000 L per week will be required to pay the same dividend, "provided all the share capital should be called up," &c. Having quoted from the Weekly Share List the statement in question, the Times, in a leading article on the same day, declares that—" The sooner all the railways of this country are referred to a Parlia mentary commission—we will not say of bankruptcy-- the better for the country and for the shareholders. Such a process involves no stigma—let misfortune be the plea." And having indulged in some general remarks, our contemporary says—" Let every company put out such a scheme as shall remove all suspicion and defy all cavil. Let all the liabilities, debentures, or preference shares be clearly stated, and let the speculation be exhibited in its complete and working form. The public will then sets what chance there is of a good bona fide dividend thred or four years hence." Here we have an apparently semi-official journal, the Weekly Share List, proving to us, in a statement which the Times tells us " appears to have been made with great care and on the most favourable assumptions," that the London and North-Western Company must, contingent on certain events, about which nothing of a guiding character is given to the reader, take an additional 24,000/. per week to pay 7 per cent upon its capital, and then in another column we have the Times its e lf suggesting the ref erence of railways to a Parliamentary C.:minission—" it will not say of baukruptey"—and throwing out something like an insinuation that railway shareholders stand but a poor chance of having " a good bona fide dividend three or four years hence." We repeat that the operation which such a statement and such observations were calculated to have upon the public was clear and manifest—vise to depreciate the value of London and North-Western property. To us the principle on which such a publica - tion should be conducted seems obvious enough. None of its statements of the financial position of railway companies should be imperfect or open to the charge of a panic tendency. In the absence of official information, the better plan would be the omission altogether of any. such statements. It will be seen from the official state ment, which appears to be a very candid one, that the total ultimate expenditure of the company is expected to be 25,862,0121., and that to pay the present 7 per cent, dividend, the working expenses being put down as 40 per cent. on the gross income, a weekly take of 48,6181. _ is required. The gross income for the year ending June, 1848, was 2,194,0931., giving an average weekly result of 42,194 L, so that an additional 6,624/. per week will have to be realised to give the 7 per cent, upon the ex pected total ultimate outlay. The official statement, while it incidentally justifies the company in the course it pur sued in reference to the lines obtained by it in 1845 and 1846, goes briefly, but lucidly and, as it appears to us, very fairly, through all its guarantees, its subscriptions to other lines, and its branches, stating the value and object of' them, and specifying the present or probable value of them respectively. We refer the reader to this very satisfactory portion of the statement. The esti• mate which the company have made of the results of their engagements under these three heads appears to be extremely moderate, and a careful attention, both to the figures and the remarks appended thereto, will show, that the monetary engagements of the London and North-Western Company have, considering the cir cumstances under which the majority of them were carried out, been entered into with a degree of prudence which their opponents have not given them the credit of possessing. The plea that the construction of lines and guarantees has been forced upon directors by way of protection, is, however, not very acceptable to the share holders in times like the present. But the London and North-Western shareholder may with considerable confidence feel somewhat indifferent upon this point.- - The official statement appears in itself a guarantee that the future dividend will not fall below 7 per cent., while there is good reason for believing that with the improvements whicitis.rae bjeuind made in the constr uct i on o f permanent way, )) cious re -arrangement of trains and a revision of the lo comotive management, the working expenses of the line may. be considerably reduced. The official statement in forms us that " the directors do not overlook the fact that a certain amount of traffic will be abstracted by com peting lines. It will be much less. than is usually sup posed, and the general traffic is secure to the concern." We have always considered that the amount of traffic likely to be abstracted from the London and North estern system of railways by competing lines, has been considerably overrated, and that the annual increase of the traffic over the old main lines, in addition to the development of the through traffic from Ireland via the Chester and Holyhead line, and of the traffic of the branch lines, would more than balance any such abstraction. - Large as the goods traffic upon the London and Nortti-Western line is, it is yet very far from its full development. Our opinion is that the additional 6,424/. per week required to make up a receipt that will yield a 7 per cent. dividend upon the expected ultimate expenditure of the company wilt be produced from the goods traffic alone in the year 1852, " when," as the directors tell us, " all the capital will be called up, and the subsidiary lines in operation." We may here opportunely offer a few ob• servations on the apparently uncomfortable increase which will have taken place in the capital of the Corn pany by the year 1852. The share capital paid up on the 30th June, 1848, was 13,845,615/. Supposing all the capital to be called up by 31st December, 1852, the capital account would exhibit a sum of 21 ,047,6971. ; that is,. an increase of 7,202,682/. of capital in four years. But of this 7,202 682/., the sum of 4,366.5254 woUld go its diminution of loans, and of this 3,704,360/. ,will bear int erest up to December, 1852, at 4 per cent. .only —a rate more favourable than that at which deben tures could be renewed. As far as we can understand the - financial statement of the London and Ncrth .Wrstern Company,. as given in the Weekly Share List, the compiler has added this 4,366,5251., or some such sum, to the 21,047,6971. We cannot otherwise under- Stand bow he has made out his 36,000,000 L or 4 - ),000,000/. of capital. Connected with the operation of financial misstate meats and panic-tendency leading articles upOn th e va l ue o f ra il way shares, we must not forget the fictitious sales of shares that take• place in the. market. It will scarcely be credited by those who do not understand_ the "dodges" of the share market, that the - "bcina ,fide transfers of London and North- Western shares have been numerically fewer during the last six months than they were during the correspond ing period of last 3 ear. Such, however, we are assured is the fact. For the last two months the transfers were fewer by 300 than they were for the corresponding period of last year, and for the previous periods of two Working expenses 40 per cent. on gross in come 1,516,90 1,011,266 Total £2,528,167 Average per week, to pay 7 per cent... 448,618. " The gross revenue of the year ending 30th June, 1848, was - 2,194,0931, or on an average of 42,1941. per week. "It therefore remains for the shareholders to decide whether the preceding calculations are sound and moderate, and if so, whether th e r e i s a reasona bl e pro bability f the gross revenue of the company from the main line and branches to be opened increasing to an extent of 6,4241. per week by the year 1852, when all the capital will be called up, and the subsidiary lines be in operation. " To produce such an increase, there is the additional revenue to be derived from all the lines enumerated in Schedules 2 and 3; and that steady annual increase, which, with the exception of periods of severe depression, has taken place since the lines were opened —to which should be added, that economy of management which, increased experience will enable the directors to introduce. " On . the other hand, the directors do not overlook the fact that a certain amount of traffic will be abstracted by competing lines. It will be much less than is usually supposed, and the general traffic is secure to the concern." We congratulate the company both on the resolution to publish its accounts and on the accounts which it has published. It is right that, in matters interesting society so deeply and so extensively, there should be neither secrecy nor mystification. And we feel assured that the safety of the public and the prosperity of enterprise will be promoted and secured by a course of proceeding cal culated better than the most eloquent arguments to dispel the clouds which have recently gathered over prospects so important to the whole community, and so vital to the numerous classes more immediately concerned. ADVERTISER.—We congratulate the public, as well as the shareholders, on the indications of improvement in the market value of railway property which have ap peared within the last few days. We pause not now to show in what way the public are interested in the pros , perity of railways. That we did some days ago. We recur to the subject, for the purpose of calling attention to the confirmation which is thus early given of the soundness of the advice we tendered to the shareholders, when we told them that there was no real cause for the depreciation which had taken place, and counselled them not to sacrifice their property, if they were in circum stances to keep it. That advice we now repeat. There may be some•slight occasional fluctuations in the market value of shares, but they will, ere long, not only ac quire their proper position in the prices of the day, but retain it when they have acquired it. The severe storm by which they have been assailed will, now that it is about to subside, be succeeded by a long-continued period of tranquillity, in which railway prices will be remarkable for their steadiness. :Mr. Hudson, in his letter to certain s h are h o ld ers o f t h e Midland Rail way, concurs in this opinion —one, wo may here re mark, which wn do not now express for the first time. It is'nO small satisfaction to us to find that Mr. Hudson coincides with us in several important matters, which we were the first to bring before the public. Some weeks ago,, when cautioning .bona fide shareholders against disposing of their property, we adverted at great length to the fact that the quotations which had ap peared day after day in the Stock Exchange lists, of prices , which were constantly declining, were not the , quotations of actual sales, but of fictitious transactions, in which the " Bears " had been systematically engaged. We appealed, in proof of this, to the records of the trans fer offices of any of theleading companies. Mr. Hudson comes forward and .proves the accuracy of our statement. He diitinctly 'affirms that, during the recent panic, the 'number of transfers of shares which have taken place has been less than usual. And , this, not as re gards one or two of his lines, but as respects all the rail ' ways with which he is connected. We are in a condi tion to affirm, that the same thing may be predicated of the stock of the London and North-Western, the Great Western, the London and South-Western, and, indeed, of all "the leading companies. Tho depreciation in the value Of railway property which has caused so much alarm, and led to such disastrous results to many of the most respectable families in the country, has been pro d uced'by thisSe unprincipled practices which we formerly exposed as being resorted to by the " Bears," and which Mr. Hudson characterises by the mild term of " a ems bination to depress shares." And, here we beg to make one or two observations on the subject of these fictitious sales those nominal transactions which have for some months past figured on the Stock Exchange lists, and misled, to their ruin, thousands of simple people who are un acquainted with the mystery of iniquity which i s in unceasing operation among the speculators in Capel court. It is much to be regretted, that the companies to which we have referred, did not, when they saw the pro perty of their shareholders daily diminishing i n "' up, and principally through the quotation of fictitious sales, give an official intimation in the public journals, that these transactiions were nominal not reaL In confirma tion of this, they might have published weekly the num ber of transfers which had actually taken place ; and when it had been seen that the number of real transac tions bore no proportion to the number of fictitious sales, the minds of shareholders would have been disabused. All apprehensions would have died away ; confidence would soon have been restored, and the " Bears " would have been completely caught in the trap which they had ' set for the public. There is one other point iu Mr. Llud- MIDLAND RAILWAY Newby Park, Oct. 24, 1848. • Nit,-On. behalf of the Directors of the 31idland Railway Coin pany, I am requested to acknowledge the receipt of an Address from a nuinber of Shareholders resident in Liverpool and the neighbour hood which you have transmitted to them. The Directors would ;have been content merely to acknowledge the receipt of the Address, had it not contained an imputation upon them, which they cannot pass over In-silence. - The _Shareholders commence their address by ascribing the depression of their pro perty to " the want of public confidence in the , integrity of the ma nagement." The Directors, therefore, desire that you will immedi ately furnish them with a list of the specific charges involved in this statement, in order that they may convene a Special Meeting of the Company, and have the opportunity of' refuting the accusation thus brought against the integrity of a body of gentlemen who feel, that they stand as high in the estimation of the public at large as the in dividuals who have appended their names to this calumnious docu ment, which comes with a peculiarly bad grace from a body of Share holders who, prior to the appointment of the present Directors, were only receiving a two-and-a-half per cent. dividend. Since that time "the dividends have been" increased to six and seven per cent. In the meantime I may be allowed to offer to you, as one of the Shareholders who have signed the address, a few remarks upon the Several suggestions contained in it. 1. You call upon the . Directors to close the capital account. No person is more fully aware than yourself that the shareholders have had the power of passing a vote to that effect at any half-yearly Meeting. But supposing the development of a new traffic, producing a revenue of 20,00 E. or 30,0001. per annum, should require an out lay of 60,0001., how absurd it would be to say that such outlay ought to be taken oat of income. 2. Teti call upon the Directors to examine and pay all outstanding accounts of,the solicitors. These accounts are now undergoing a strict examination, and as soon as the solicitors are satisfied to accept the amount the Directors think due to them, their bills will be paid. But surely this is a matter which must be left to the discretion of the Directors ; had they given way to the pressure of the Pro prietors When. they were urged to settle the demands of the contrac tors, they might have sacrificed a very large sum for the sake of an Immediate settlement. They succeeded in making great reductions, • and so much was saved to the Company. The claims of the con tractors amounted to 89,5771., and were finally liquidated for 17,7231. lbs. 7d. Your objection to any further Parliamentary ex penses being incurredorithout the sanction of the Shareholders, is ; it is clear that no Parliamentary expenses of any importance can be incurred withoet_such sanction. 3. You call for a reduction of the salaries of our engineers. We have only ono-engineer employed upon the lines, and, considering the abilities of that gentleman, the Directors do not think him ever paid. -- 4. You require that stations shall not be enlarged. Should traffic increase, how is it to be conducted without Increased accommoda tion ? If the Shareholders think the Directors incompetent to decide apon matters of this kind, they ha 1 much better remove them, and appoint others ht whom they have greater confidence. 5. The Directors are called upon to enter into no Ibrther contracts. It roust have escaped your recollection that at the lest halt-yearly -meeting I gave an assurance that the Directors did not intend to engage in any further contracts. 6. You allude to traffic which you do not consider remunerative to the Company. The Directors are, entitled to ask you to be more 'explicit, and to state sice - cifically what traffic is meant. 7. Ton think the number of trains ought to be reduced. This is a -question which must be left Le the judgment of the Directors for nothing can be mere difficult than to determine, from time to time, _ what trains ought to be ran. I consider It would be an unwise and impolitic measure to take off fhe express train, which you suggest _ should be done. ‘• 8. The alteration yon propose in the mode of appointing Directors Would require a new Act of Parliament. -- 9. Ton ask the Directors to purchase all stores by public contract. l'have po.dpubt you are aware that this is generally done. but it nbt -nnfrequeutly,happens that the Directors can purchase articles in the • inarkeintich below the coiitfact price; and *heir they ban do So they often avail themselves of the opportunity. I hare now answered or commented upon every point of the ad dress, except-that which relates to the depreciation of the value of shares, with which the Directors feel that they have little or nothing 10 do. Their duty is to obtain all the traffic they can, and to pay the Shareholders good dividends. The address you have sent is signed by seventy Shareholders, this is a small proportion of the en' ire number. which - exceeds 8,000. You are a holder of capital stock in the company to the amount of • 31141., and you describe-yourself in the address as a broker. From your experience in that business, I have no doubt you are well sole to inform the public how the old railway stock of this company has become so much depreciated. In my position as Chairman of several railway companies, I have received numerous complaining letters, all, I am bound to say, crouched in a courteous and respectful manner; and I have answered -them by assuring the-parties of the soundness and stability of the concerns over which I preside. The acknowledgments I have re ceived in reply have been generally satisfactory; many of the parties stating that they were holders of steel( in a variety of foreign and other new lines, and that they were compelled to sell the stock of old lines to pay for the new. When the supply exceeds the demand, - and when a regular combination exists to depress railway property, -I believe Any course which Directors may pursue will be of little avail. Yet, after all, the amount of stock transferred in the com panies over which I preside has been less than usual, which shows that many of the quotations of sales are merely nominal. I have no fear of not seeing railway property again placed in a better - position in the market; -- though not at the extravagant price it has heretofore arrived at, and then its proper and true value will be maintained -in a manner that will be more setts - factory . to all parties. Consols have been at 47, they are now at 84%, and have been at 100. If you or your friends can, by any effort, advance them to 92 or 93, I have no doubt you will see, a great advance in railwly property. The Bank Stock has paid 10 - per cent., and is now only paying seven, and the price has fallen con siderably ; but no one ever doubted the integrity of the management of the Bank. The surprise to me is, that in the excitements and commotions which have prevailed, railway traffic has been so well supported. Even the present amount of traffic justifies the anticipa tion that the rate of dividends will not undergo any material dimi nution ; and this remark applies to all the lines over which I have the honour to preside. I wish I could call the serious and grave attention of the chairman of the London Stock Exchange to a pub lication which is issued weekly, professing to be under the sanction Of that body. lam aware that the statements which appear in that paper are stated not to be published under the authority of the Stock Exchange ; but I cannot close my eyes to the effect that they pro duce on the mind of the public, who naturally consider that they have that sanction. If these statements were correct and true, no person would have a right to complain —but when they are almost in every instance incorrect, and their general ten dency is to depreciate railway property, it would be well that the Stock Exchange should disavow a publication Which is • calculated to do so much mischief. I must, in con clusions, request that you will call the Requisitionists together, sad that there may be no delay in sending a list of the charges Ira pugning the integrity of the Directors, who are anxious to meet and repel the calumnious imputations that have been made against them. Nothing but a sense of duty to the large body of Share holders who have hitherto given their confidence induces the Di rectors to retain their seat at the Board; and as soon as that con- Ildence is withdrawn they will most readily and gladly resign their trust into ether hands by- whom the affairs of the Company may be More ably conducted, I perhaps might observe, before' I conclude my letter, without pledging myself to the statement, but merely giving it as my own individual opinion, that - I believe another 51. call upon the 501. Shares, with the arrears of calls now owing, will complete all the works in course if construction, and the remaining 251, per Share will remain applicable to the liquidation of the debt. The liabilities of the Company are under the consideration of the Directors, in order to enable them to lay a statement before the Proprietors, Which it is anticipated will be done within a very early period. • I am, Sir, your obedient servant, GEORGE HUDSON. To I. Houghton Braucher. Esq., Liverpool. GRE AT WESTERN RAILWAY. OPENING of LINE to BASINGSTOKE, ALTERATION for WINTER TRAINS, and DISCONTINUANCE of RETURN TICKETS. —Noy. 1, 1548. The Berks and Rants Railway, between Reading and Basingstoke, will be OPENED for the conveyance of Passengers, Goods, Parcels, Carriages; Horses, and Cattle, on and flora WEDNEiDAT next, the let of November. On the same day several alterations will be made in the times of Great Western Trains, and some Trains will be discontinued during the Winter. For particulars of all these changes, and for the times of Trains to and from Basingstoke, reference must be bad to new Train Rills, which will be ready for delivery on and after Monday the 30th inst. The Directors regret to notify, 'also, that they are compelled, in consequence of the existing severe pressure on railway property, and the increased assessments for parochial rates, to relinquish the sys• tens of return, or day tickets, which will be entirely discontinued from and after the Ist of November, 1848 _ _ _ . By order of the Directors, "• CHARLRS 1. SA.U).i DABS, Secretary. Paddington Station, October 26, 1848. ROYAL SEA - BATHING INFIRMARY. The FIFTY-THIRD ANNIVERSARY DINNER will take place at the London Coffee-house, Ludgate-hill, on TI7ESDAY, Oc toiler 31, 1848, The Right Honourable the LORD MAYOR in the Chair; Supported by THOMAS QUESTED FINSTiS, Esci; A1d.,1 Sheriffs of London JACOB EMANUEL 'GOODHART, Esq., 5 and 'Middlesex. STEWARDS. • The Very Rev. the Doan of Pe• Thomas Bless Pugh, Esq. :terborough. . Robert Pugh, Esq. Pir_ Richard Plumtre Glyn, Bart. ;Samuel Ridley, Esq. Zdward Candor, Esq. Samuel William Rowsell, Esq. Rev. Charles Day, LL.B. - I Charles John Rowscll, Esq. Thomas Henry Fenton, Esq. 'John Thomas Rowsell, Esq. Robert Hanbury, Esq. Thomas Thornton, Esq. Samuel Jones Loyd. Esq. - 'Richard Tress, Esq. John Labouchere, Esq. Thomas Watkins, Esq. William Phelps, Esq. ,Robert Westwood, Esq. Samuel Poyndei, Esq. Robert R. Wood, Esq. Dinner on Table at Half-past Five o'clock precisely. ..Tickets, 16s. each, may be had of the Stewards; at the Bar of the Tavern ; and of John Paul, Secretary, 35, Cannon-street. D ISPENSARY for CONSUMPTION and DISEASES of the CHEST. 26, Margaret-street, Re;ent-street. -The next Quarterly Court of Governors of this Dispensary will be held on MONDAY, October 30. By order. W: ,T. HUDSON, Hon. Secretary. The Chair taken at One o'clock precisely. ON NERVOIft'IitISILITT AND GENERATITE DISEASES. Just published, the Thirty-sixth Thousand, an improved edition, re vised and corrected, 120 pages, price 2s. 1* a sealed envelope, or ibrwarled•by tkaA,uthors, post paid, to any address, secure from observation,. for, 2s. 6cl, in. postage stamps, illustrated with xi merous ..t.natpoicalgolaured Engravings. MANHOOD: the - CAUSES of its PREMA TURE DECLINE, with Plain Directions for its PERFECT RESTORATION. .-,A Medical Essay on those Diseases of the Generative Organs, emanating from Solitary and Sedentary Habits, *indiscriminate Ex cesses, the Effects of Climate and Infection, dec., addressed to the sufferer la Youth, Manhood, and Old Age ; with Practical Remarks en Marriage, the Treatment and-Cure of Nervous and Mental De bility, "Inapetencetaiyphilia and. ether , Urine-genital Diseases, by oritksh-evet,the most shattered_cetatititutien may be reistored, and reach the fell period of life allotted to Mau. The whole illustrated with numerous Anatomical Engravings on Steel, in colour, explain ing the various functions, secretions, and structures et the repro ductive Organs is health and disease; with instructions for private Correspondence, cases, • By J. L. CURTIS iktul_qp., Consulting Surgeons, 7 Frith-street,"Soquare, London. " Manhood.' A Medical Work.--To the gay and thoughtless we trust this little work Will serve As a beacos to warn them of the danger attendant upon'the teli rash' indulgence of their passions, whilst to some it may serve as a monitor in the hour of tempta tion, ark to the ,Affileted ars.tinre guide to health."—Chronicle. " Manhood.' By J. L. Curtis, and Co.—Their long exptrlence and reputation is the -treatment of these painful diseases is the patient's guarantee, and well deserves for the work its immense cir olflatioh."—Era. ••• .. • • • • Curtis on Manhood' should be In the hands of youth and old age. It is a medical pfiblicatichr, ably•written, and developes the treatmentof a doss of painfal maladies which has too long been the prey of the illiterate and the - deslgnlng."-- Halted Service 4azette. - • The rarent, who beholds hfi . belovetfchild Wing away, and fast gbproaching tea premature grave, in consequence of some disease, Which„fgr want of careful investigation of its real cause, has been set down to the score of consumption, will, on perusing - this work, be astonished to find, thatin_ Mao-tenths of the cases of young per sons of ,botti sexes, who periah of what is called pulmonary eon xunaption;heart disease, tabes, dec., the sole and exclusive origin has been thelndulgence in certain destructive habits practised by youth much more freqsently•than itis at all suspected. - _ N.B. Hours of consultation from Eleven till Two, and Six to Right fn the Evening. " "IfsA • 13. - B I A • G E. One half the wend *are desolately single, and the other ePPPozing them married, questionably contented. Diffidence, or a sense of right determine the former, and miscalculated hopes em bitter the latter. The solitary one may shield himself under the plea of caution and 'worldly prudence, and the indissoluble, regret un eemProsing harry ; but the truth lies deeper. Physical incapacity, e4ll broken health, are the great hindrances to domestic happiness and social content. - The dowry should not be the only marriage set t anent., Honour and justicadetnand that health should form an item . thecorepact; it alone dignifies the 'alliance. Blighted hopes sr neglect weand more sorely than poverty or misfortune. Reader, if masse surmises concern you, prOcure Dr. CULVERWELL'S little MEMOIRS "Oa Single and 3farried Life, " pub. in 2 vols., Is. each (by ;met, ii stamps, le.. 6d. each). Let no imaginatively r e,._ ll ned, or prudish feelincdeter you, by their titles, nor be hindered Th u Be y or thei certainly contents, from obtaining !UPI. They are not intended for mere idle cariosity, but Ler the closet perusal c those mere deeply interested, to whom leAtY.are offered as antagonistic to the empyricsd trash put forth on e above subjects, by unqualified authors, which alone or together, are a disgrace to the age. Furthermore, two other little Publications claim your attention (same price Is. each, b y. A Post Is. 6d.) called " What to Eat, Drink, and ..". 7 e l d," and " How to be Happy." They are not merely YealPhlets, but equal in quantity a library volume, nor are they the lucre ephemeral scribblings of the kour, but the study of the author's e, who owes his present existence, health, and position to this ob lerVanee of the maxims he would inculcate—to do ante others as he Would be done unto—to live after nature's laws—and to keep always On the " Bunny side of the way," The above works may be had of , °e 'ref eed. 23, Paternoster-row ; Carvalho, 147, Fleet•street • Mann, ° rralill I Ralson, 457, West Strand ; or direct (by post or other ', mons the author (who may be conferred wills personally, 0, 4 0 4 .14nd STlningS), 10, Argyll-place Regent:street; and all , SATURDAY E I NG PUBLICATIONS. - F RASER'S MAGAZINE for NOVEMBER, Price 2s. 6d., or by post, 35., contains : 1. Views of Edinburgh. . 8. The Present Condition of the 2. Keats and his School. British Navy. 3. The Inundation of Pest. IL t. General Cavaignac 'and his 4. The Aristocracy of England. Father. 5. Thoughts in Rhyme. I2y the 10. The Fairfax Correspondence. late John Sterling, No. H. 11. The Universities. 6. Yeast. No. V. 12. Current History. 7. Lines to H—. • London : Johp W. 'arker, West Strand. UNITED SERVICE -M A GAZINE, And NAI L and MILITARY JOURNAL, .NOVEMBER, HMS, coNTouss : The Sack of Rome. By Prince Louis Napoleon.—Mllltary Ca reer of General Cavalgnac. Concluded.—Requiem upon Duelling What's a Board ? alts Dioclides Visit to the United Service In stitution.—A Few Thoughts upon'the Revolution of MS In Yucatan. By Major O'Connor. —The Smuggler's League.—The Naval Articles of War and the Marine Mutiny Act. By Tristram.—Jou-ney Into the Andes.—A Visit to Santona. —The Military System and Re sources of Sardlnia.—On the East India Company's European Troops. By Major Bennett—The Royal Horse Artillery.—Stations of the Army and Navy—Promotions and Appointments—With all the Pro fessional News of the Month. • 11. Hurst, Publzsher, - King William-street, Strand. CHOLERA.-MORISON'S PILLS . • The 89th Ntiniber of TILE lITGEIST, for November, is now ready, and contains most important communications as regards the iiolera. • • • Also, an Answer to the Doctor Correspondent of the " Dispatch." Case of Cholera cured by a dOctor with Arscusio II I Oh, Ohd Bear it poople of England. Arsenic in Cholera !I I Office, 368, Strand. Priee Id., or 2d. per post. rr 11 E R 0 YAL - P OLYTECHNIC INSTITUTION, REGENT-STREET. JL A Lecture on Sanitary Measures connected with the Progress of Cholera and ether Epidemics, by. Dr. Ryan, daily; at Half-past Three, and on Monday, Wednesday, And Friday Evenings, at Nine o'clock.—Also on the Manufacture of Gatta Perchs, by Dr. Bach hoffner, Mornings and alternate Evenings.—An entirely new Phan tasmagoria, by Childe, every -Evening at Eight o'clock, with ap propriate Music—The Dissolving Views, with historical descriptions. —The Chromatrepe, with New Effects.—The Microscope at Otte o'clock daily.—Divet and Dising4tell.—Working Models explained. Open daily front Eleven to Fite , and in the Evenings (including iaturdaY) item Seven till Half-past Tea. Admission, —Schools,. Malf-price.—The New Catena°, Is., Illustrated by 26 Anatomies! Coloured Engravings on Steel. ON PHYSICAL DISQUALICATIONS, GENERATIVE INCAPA CITY, AND IMPEDIMENTS TO MARRIAGE. 'few Edition, enlarged to 196 pages. Just published, price 25. 6d., or by post, direct from the Establishm en t, 3 s . 6d . i n postage stamps, rHE SILENT FRIEND, a Medical W or k on the inarmities and decay of the generative system, from ex aessive indulgence, infection, and the inordinate use of mercury, with remarks on Marriage, end the means of obviating certain dis qualifications. Illustrated by 26 Coloured Engravings. By R. and L. PERRY and CO., 19, Benters-stroet, Oxford-street, London. Published by the Authors : sold by Strange, 21, Paternoster-row ; Hannay, 63, and Sanger, 150, Oxford-street ; Starie, 23, Titehborne street, Haymarket ; and Gordon, •146, Leadenhall-street. PAHT I. treats of the anatomy and physiology of the re-productive organs, and is illustrated by Six Coloured Engravings. PANT IL treats of the consequences resulting from excessiveindul gence, and their lamentable effection the system, producing mental and bodily weakness, nervous excitement, and generative incapacity. It is illustrated by Three Explanatory Engravings. Pear 111. treats of the diseases resulting from infection, either in the primary or secondary form, and contains explicit directions for their treatment. The consequences of early neglect and of the abuse of mercury, are also clearly pointed out. This section is illustrated 'ay Seventeen Coloured Engravings... . PAST IV. treats of the Prevention of Disease by a simple ap plication, by which the danger of infection is obviated. Its action is simple but sare. , It acts with the virus chemically, and destroys its power on the system. This important part of the Work should be read by every. Young Man-entering into life. P.m Y. is devoted to the consideration of marriage, and its luties. The causes of unproductive union are also considered, and :he whole subject critically and philosophically inquired into. TuzCOEDIAL BALM or Szeracum is exclusively employed in treat ng nervous and sexual debility, impotence, Sec., 11$ .and 335. per bottle. The Concentrated Detersive Essence, an anti-syphilitic remedy, for purifying the blood in eases of infection, secondary symp ems, eruptions, and the abuse of mercury, lls. and 335. per bottle. trry'v Purifying :Specific Pills, 2s. id., 4s. 6d., and 1 Is. per box. a certain emedy in gonorrhea, gleet, strictures, and chronic inflamma 'ion of the bladder. Consultation fee, if by letter, 11. Cl. Packet s with advice to be had at the Establish ment only, by which the fee, 'l., is saved. Attendance daily at 19. Bernem-street, from Eleven til Two, and Five to Eight on Sundays from Eleven to One. SPIRIT of the PUBLIC JOURNALS FROM THE MORNING PAPERS OF THIS D.U. TIMES.—It will be seen by reference to an advertise ment elsewhere that the directors of the London and North-Western Railway Company hare responded to at urgent and general call, by a detailed statement of their affairs. On the brief inspection which is all we haw been able to give to this document, we beg to congratu late the public on possessing at last a full, distinct, ant intelligible account of the greatest railway company it the world. We will add, that as far as we are able to judge, the directors are likely to effect their object which, we presume, is to assure the useful generation o' monied men that the North-Western Railway is a safe and improving investment. The cautious gentry vvhe " have money i n their pockets against a rainy day," and who, when the rainy day dues come at last, are too apt to hold their pockets somewhat too tight, look at an undertaking in several points of view before they sinl their capital in it. Is it free from mystification, and therefore secure from foul play, or considerable errors of judgment in its conductors 1 Is it sufficiently insures from a serious depreciation? Are its resources so elastic and so founded on the national prosperity as to gross with the growth of the State? But perhaps the question to which the money-market attaches the most practical value is the general competency of the undertakers to their work —a matter which in itself admits only of s conjectural estimate, but which depends much on th( weight and frequency of the calls to be made on their purses. The most profitable scheme in the world may ruin its shareholders, if the majority of them are men of straw, unable to m eet t h e d emands of even an econom i ca l expenditure. Unless we mistake, the first point to which all men of business will direct their attention in this statement is the amount of the calls still likely to be made, and of work likely to be done. On this point they will receive unexpected satisfaction. The tabular statement begins with the original trunk, and proceeds thence to the fiuished, unfinished, guaranteed, and con templated lines. But when we pass to the explanations below, it will be seen that the directors hasten to allay the public impatience by inverting the order, and knock ing off in a lump all the lines, not yet commenced, in the fourth table. Fifteen branches, for which Acts have been passed authorising the directors to raise, in stock, in shares, and by loans. 3 ,876,963/., are shelved at once, and evidently wil. not be attempted without due warning, and without also much better times. Now, shareholders are occa sionally told not to fret themselves on account of a branch till it is really begun, as they will have an op portunity of voting against it at a general meeting. But notwithstanding this assurance, these branches have constituted an incubus on the mind of the public. Be sides that the mass of the shareholders are not the best informed and the cleverest people in the world, and do not always know whether a branch has been commenced or not, there has been a general impression that the directors could do just as they pleased, and that general meetings were very much matters of course. There was hardly a conjecture as to what branches would be made, and what postponed ; and as late as last July, the able and excellent secretary of this very company could give no more explicit information than that several, for which the company had powers, would not be made. Now, it is true there is no express under taking in the terms of the present statement, nor, indeed, can there be, as the directors cannot answer for their own continuance in office; but the world at large, led as they are by appearances, will be very glad to see these fifteen branches put under one category, as lines which it is not intended to proceed with at present. Proceed ing, or rather going back through the tabular statement, the directors come to No. 3, which exhibits the subsi diary lines, in which the company are interested by sub scription, contribution, or guarantee. This looks, at first sight, rather a heavy list, including lines amount ing to 641 miles. The total, however, remaining to be paid is not more than 1,846,798/. The value of the nine teen undertakings in this table, or rather of the com pany's interest in them, depends upon detailed consider ations, which constitute the principal matter of the remarks appended to the statement. The directors wish to show either that the risk is little, or that it is shared with another company, or that its payments will depend on its own profits. The exposé certainly does seem likely to alleviate apprehension. Responsi bility is a formidable word, and never more so than when it assumes new and strange forms. In the column stating the nature of the guarantee will be found eight different arrangements made with the shareholders of the subsidiary lines. The mere sight of No. 3, which is a synopsis of nineteen important agreements, shows how large a field there was for the solicitude of those who had to pay calls, and knew little of partnerships, except that they often comprehend a knave and a fool. In this case it was generally believed that the North-Western had too often suffered the Me zentian process of union with a dead and unprofitable undertaking. Even if it were true to some extent, there can bo no doubt there was great exaggeration. At any rate the danger is now no longer obscure and indefinite. People can see for themselves how far they are compro mised. On the branch lines and other works in course of formation it is estimated that there only remains to be paid 836,896 L Tho total expenditure to which the company is committed, under all heads, is little more than three millions, or a million a year, looking to the probable termination of the works—a very consider able drain under ordinary circumstances, and only likely to be severe in conjunction with many other similar de mands, and in times of pressure and distress. The di rectors certainly seem to make out their case. Their weekly revenue on the average of the year ending with last June was 42,1941. They estimate that when all their branches and subsidiary lines are completed, and when also the prosperity of the country shall have somewhat revived, they will have a weekly average ;of 48,618/ , which will pay 7 per cent. Au increase of 6,424/. does not seem too much to expect from several hundred lines of now railway profitable in themselves, and bringing traffic to the original line. Drawbacks and contingencies there un doubtedly are, but they are taken into account by the directors, who seem to have made a safe estimate, and to be anxious to understate, rather than exaggerate, their probable resources. There can be no mistake in as suming a certain regular increase of traffic from the in creasing rate of population and trade; and though in half-a-doyen years there will be some serious competi tion in the field, the will d o much tocfiulilar territory of the North- WesternP e r up the gap. And now a word for our own part in this muter for we have been misrepresented. We have been Called enemie s a of the rail wa y interest, we know not what b es id es . How stands th e fact? In again at the In 1845 and 1846, an d beginning of last year, we did our very best to limit railway speculation and railway Acts within _practicable bounds. We con tinually urged o n the Legislature the duty of counting the cost, and providing a rough but sufficient estimate of how much the country could bear. We predicted that the Bills actually such passed would be found t o excee d the capital free for purposes—especially if war, famine, or other disaster should result ? The g reatest andintervene. What is the strongest in the world is obli ge d to throwyerailway r for the present,compr branches to the amount of 3,876,963/. how much money has been lost in obtaining the Acts and driving rivals from the field ? Looking to all the re sults, we have little doubt the North-Western would gladly give 'half a million that our ad vice had been taken in time—at the beginning of the session in 1846. But for the last twelvemonth or more we have scarcely said a word about railways. It was no longer of use. The Bills were passed, and the lines were in progress, or at least at the mercy of di rectors. During the long decline of railway prices we have let that simple fact tell its own tale, and have not said a word that could add to the ruin or the bitterness of the unfortunates who had invested their property in this slippery material. About a fortnight since, in this month of October, as proverbial for its commercial bleakness as November for its physical gloom, shares had been depreciated to a preposterous and absurd extent. We were well aware that the depre ciation was not' justified by the state of the undertakings themselves. The sellers, however, had it against them. It was notorious at the same t i me that there were capitalists enough looking about for in vestments, and finding none to theta. mind. There was no waut.of money, nor is there at this moment. It was evident—and every we ll • informed person in London will foasl several v enr not tlu manytr com panies, bear us out in the beli ef—that the wan t of good railway information aggravated the crisis, and discouraged capitalists from. a field in. which hi d c i h ree t t h o e r y s oc their own judgments. particularly the N orth-West ern, had p rom i sed information. .Nevertheless, none acillearedi; but the Weekly Share List, published by the authority of the Stock Exchange, vo l un teered some s t atements, which showed at least industry , and some deg ree of care. As a matter of news they were inserted in ou r City intelligence. We took the opportunity of callin g the attenti on o f the railway companies to the my ster y whi ch had contrib ute d a tion of the shares, and their con- so much to the depreci sequent difficulties ; and at the same time invoked the good sense of capitalists to discover rho real worth o f t h e property which they s eemed so afraid of touching. S o far from adopting the statements of the Weekly Share List, we expressed our distrust of them, We said," We will not mention names, nor will we commit ourselves to the statements of anxious and possibly suspicious scru tineers. But in declining this responsibility we only mark our sense of the unfairness practised or permitted against the public. That unfairness consists in the continuance of a mystery and entanglement where there need be none, and where there should bo noonday pub licity." Further on wo lamented the ruinous effects of a needless panic—" Any extensive depreciation of private property is sure to prove an universal disaster; and even an exaggeration of its value will lead to mischievous results. It is the former evil under which * we are now suffering." " But what can the public do in the matter, and how can they mitigate an evil by which the whole nation is more or less affected? We reply that the public may inter fere to demand the utmost possible information on the subject. If railway shares rose and fell in the market simply according to the prospects of railway traffic, the abundance of money, or other palpable considerations, there might be no call for public interference. But con fessedly there is an almost inscrutable mystery upon the financial state of our great railway companies. That mystery excites alternately the wildest hopes and the most frantic fears. At present it works in _. L OVE is the leading feeling of the human breast. More exalted than mere passion, it sears high above every other impulse of nature, and is not only stronger than avarice, but more engrossing even than ambition. No man is exempt from its influence, er can avoid its sway; and business, pleasure, philo sophy, and divinity itself become neglected under the enthralling power of LOVE, which, unlike most things, increases in intensity with time, until it receives the sacred consummation of marriage. When union does not take place, however, this passion, this fervour, this gulden tide of the manliest feelings becomes a deadly poison in the heart, which now darkens, as it before bright ened, all things upon earth. How is it that 'men, of most un changeable habits, will change at the very altar, and after a life time spent in the fulfilment of every engagement, snap the very con tract asunder which should be most binding to an honourable mind? It Is the effect of conscience. The Lover, by enervation of early habits, er the results of secret disease, knows himself to be disqualified, and dares not enter a state which has been instituted by Divine Law for the fulfilment of important ends. The wretched condition of such a being must subsequently be beysid measure deplorable) Loving` and beloved, he entails the most miserable disappointments on the object of his choice, and upon himself a desolation the most horrible, when the simple possession of natural attributes would change the scene, and yield to both a life of anal:eyed happiness. The subject is interesting, and deserves the attention of all. These desirous of investigating it will find the dullest and most satisfactory information in the little work entitled SELF-PRESERVAT'IO N. illastratei by forty coloured engravings on the anatomy, physiology, and diseases of the reproductive organs ; with practical observa tions ea the secret infirmities of youth and maturity, resulting treat solitary habits, excesses, or infection. By SAMUEL LA'MEnT, Doctor of Medicine, Matriculated Member of the University of Edinburgh, Licentiate of Apothecaries' Wall, London, Honorary Member of the London Hospital Medical Society, &e. This treatise is the result of .a long course of study in a peculiar and muck neglected branch of medical practice, and the author haying ob tained the highest medical honours, is a guarantee for his profes sioaal experience, which has reference almost solely to the treat:. [Rent of these diseases. EITIEW OF TIM WOES. La'Mert en the Infirmities of Touth and Maturity.—" There are scenes is the drama of life which are acted with no spectator but Conscience ; and of these the result is ever disastrous. Happy the mortal whe meets with a timely mentor to snatch him from the gulf into which such scenes must plunge him 1 In the book before us such a monitor is to be found, calculated to warn and instruct the erring, without impairing ens idea that can vitiate a mind not al, ready tutored by the vices of which it treats. It is written in a style of masterly precision and lucidity, blending the profoundest truths of philosophy and physics with the loftiest precepts of morality. It is a production calculated to confer a vital benefit, physically and morally, upon all who are tempted from the rigid path of abstemiousness and propriety. ♦ father may trust it in the hands of his boy. By un taught innocence the book is not, of course, needed ; but wherever laxity has prevailed, the tender yet awful voice breathing in these pages is likely to prove as strikingly beneficial as the admonitions of a homily blended with the practical advice of a writer on medicine." —DnitedKingdom Magazine. The work may be had price 25. 6d., of Kent and Richards, 521 Paternoster-row; Hannay, 63, Oxford-street; Starle, Tichbonie4 street, Haymarket; Gerdes, 146, Leadenhall-street ; Mansell, 115, Fleet-street; er, free by pest, for forty-two stamps, from the author's residence, whe Neu be consulted oh these disorders personally, or by letter, daily, from Ten to Two, or from Five to Eight. XL BEDFORD-SQUARE. LONDON. SINGULAR DISEASIS OF TIM Era.—A singular case occurred last week at the Glasgow Eye Infirmary. A girl, of 16 years of age, having applied on account ot. loss of sight of her left eye, the cause wasascertained to be the presence of a living worm or hydatid (the eeysti cercus of scientific naturalists) in the eye, close before the pupil which it completely obstructed. This species of animal consists of a round bag about the size ot a small pea, from which on one side springs its body, which is a filament, consisting of numerous rings, and capable of being elongated and retracted at the creature's will. The body ends in a neck and head, and the latter is supplied with four, lateral suckers. All this was plain to the naked eye in this instance, but appeared still more so when viewed through a microscope. As the existence of such a creature in the interior of the eye not only prevents vision, but ultimately destroys the whole tea turn of the organ, it was resolved to remove it by opera tion. This was successfully effected on Saturday last. The patient behaved with perfect steadiness, and found her vision immediately restored. The hydatid continued cvAii visitors, t d 6 o n r i similar dy c ,ro a a s z e s di c a tt r i e. was 7 . .o nGe examined dc t i h br e yo n w i c o I r e m . e numerousx to live for more than half as hour after being extracted. ü b rco C h. u t hr [AlivEimaEmENT.]—The Cholera—How: to Pre vent—by Holloway's Pills.—Thousands of lives may be spared by adopting the following precautionary means To esChevi the use of fruit, vegetables, pastry, s eggs, the fat of Meat, sauces, Wine;. beer, and spirits, god to avoid committing any kind of excess. To cleanse well the stomach, liver, and-bowels and purify the blood of all impurities, which will be effected by taking five or six pills night and morning for fifteen days, and afterwards to take two or. threedoses a week. , Thus. the highest state of health will ba.obtained, and Cholera in every_ case prevented. The same precautions should be taken in cases of diarrhea and ordinary bowel complaints.— Sold by all druggists f and at:Trofessor Holloway's esta blishment, 244; Straa. -L " - • n • TWO ME N KILLS]) ON TUE NORTH BRITISH RAIL WAY. Yesterday forvActou. a : melancholy accident oc curred at the station of the:North British Railway Com pany here. It appears that two men , named David Graham' and Jain Brown, w ere ' in the act of crossing the line from the coal depot , 'near _the site of the Old . Trinity C o ll eg e ChUreh , When' an engine with some trucks were in course of being removed from a siding near the spot; and the engine not being perceiVed by them, came down iipOn them Soisuddedity that they were both overtaken by it,. and ti.siihed -beneath its ponder 'otts weight. Grohitm was so severely mangled that he survived the accident only a -few minutes. One of Brown's legs was completely dissevered from his body, and he was otherwise- so much injured that he died last night in the infirmary, to which he had. been carried. The deceased individuals were employed, to look after and repair.the trucks about the station; and they were conversing, with their tools in their hands,. in crossing from the north to the south side 9f the, line, when the accident occurred.--Seotssems. tr . . _ • • - • . TITH FIRST CHERRIt TN THE Mitramus. —.The first cherry ever grown- on Atli:. island appears to have given rise to- some extraordinary proceedings.- A tree had been introduced and tended with great - care by a planter, who watched over -it with trembling anxiety during the flowering season ; all the fruit, however, failed except one cherry, which gradually ripened and came to perfection. A festival' was given in celebration of the event by the delighted planter, and the Governor, Sir R. Farquhar, invited to gather the uniqUe and in- ' teresting specimen. ...Ile-arrived punctual at the hour, and at the head of the assembled company approached the tree. The cherry was gone; a young negro, unable to resist the -temptation of the red and juicy fruit, had swallowed 'it. The Governor. appeased the planter's vexation with the good-hunioured remark that the will would suffice for the deed, and the company consoled themselves for the disappointment by-adjourning to the breakfast table.-- Chumbers's Edinburgh Journal. 43,559 - 1 + ''~lf I~ !I