The Sun. — London, England, 1841-11-25 00:00:00

EVENING SUN SECOND EDITION SOUTH EASTERN RAILWAY. (rms DAY.) The half-yearly general meeting of the Proprietors of this Company was held this day at the London Tavern, for the purpose of receiving the. Report of the Directors, together with that of Mr.. Cubitt, and a general state ment of the accounts from the Secretary. Mr. BAXENDALE took the Chair at one o'clock, and called on the Secretary to read the advertisement calling the meeting together. It was then moved that the common seal of the Com pany should be attached to the register of the Directors, which was agreed to. The Secretary then read the following Report of the Directors : " Since the Half-yearly Meeting in May last, the progress which has been made in those portions of the line between Tunbridge and the junction with the Brighton railway has been such as to confirm the opi nion then expressed by the Directors, that that district may be opened for traffic before the next Half-yearly Meeting of the Proprietors. " The contract for ballasting the line and laying . the permanent way between Redstone-hill and Tunbridge has been some time in operation, and there is reason to believe that the eastern portion, about eleven miles in length, will be completed before the end of the year, leaving about nine miles to complete, which the Con tractor is under an engagement to finish early in the spring of 1842. " Under the recommendation of the Engineer-in-Chief the Directors have adopted certain improvements in the form and description of sleepers, chairs, and fastenings ; they have also substituted, in lieu of iron pins, treenails of compressed oak ; and from the experiments which have been tried on that portion of the permanent way, which has been laid for more than two miles, over which the locomotive is daily passing, they have reason to ex press their perfect accordance in the principle, and their approbation of the result. " Eastward of Tunbridge, for a distance of thirty-four miles, the line has been contracted for, and the works are in progress. A large portion of the brickwork on that part of the line intended for the next opening has been finished, and the contractor is bound to complete and open the line to the Staplehurst Road, a distance of twelve miles east of Tunbridge, by the Ist of July, 1842. " That part of the line from the Staplehurst-road to !AshfOrd, a distance of fourteen miles, is let to a respon ' •stlite contractor, to be opened in the year 1842. At this'point the Dover traffic will come upon the line, being a distance of twenty miles from that place. "Beyond Ashford another contract has been let, ex tending over nearly seven miles, the earthworks of which requiring same time to co.nplete, it has been deemed ad visable to commence them at the present time, in order that their completion may be effected by the time the line is in a condition to be opened to Folkstone. " The works in the Dover district have continued to advance steadily and satisfactorily. The Warren and Fiilkstone contracts have been completed to formation level, and arrangements have been made for driving the ''lStiltWOod Tunnel and other works in that district. ' The Directors have the satisfaction to state that the Works have sustained no injury from the continued rains to which they have been subjected ; the embankments being nearly closed, the late wet weather has been of e)nsiderable Service in consolidating them ; they have, however, instructed Mr. Cubitt to prepare a Report on the subject of the works, which will be submitted to the meeting. "The whole of the land from Redstone-hill to Dover ha 4 been contracted for, awl in addition to the amount already paid under that head, as shown in the accounts, there remained on the Ist of October last a sum unpaid, amounting to 53,0911., a portion of which has since been paid. "Of the 400 shares forfeited at the last meeting, fifty were redeemed on the following day by payment of the calls then due, and nineteeone were sold at prices real izing More than was owing upon them. There are now 1,405 shares in the hands of the Company. "By Resolutions of the Board, dated Aug. 17 last, the Directors declared forfeited 7,372 shares, which were -I =then iirarrear ; since that date payment has been made on 2,513 share:;. Arrangements have been made for the payment of others, and, unless between this period and the day of meeting the remainder be redeemed by pay ment of the calls, a resolution for confirming the declara tions of forfeiture will be submitted to the meeting. " There are, however, other cases in which the Di rectors. have considered it more to the advantage of the Company not to forfeit the shares, but have adopted legal proceedings for the recovery of the arrears, and they have reason to believe that in these cases the whole will eventually be recovered. " The necessity of increasing the proposed accom modation at the London-bridge station has been such, that it became imperative on the Directors to co-operate with the Brighton and Croydon Companies in its enlarge ment, and they doubt not that the Proprietors will give credit fur the attention and assiduity of the managers in carrying `out the works. " Ou referring to the accounts of expenditure by the Directors, it will be seen that payments have been made to the extent of 18,304/. 3s. 4d., on account of the joint station at London-bridge. It is desirable that provision ehould be made to repay the amounts thus advanced from - - the funds of thie Company, and also to provide for the future payment of those which will be required fur that object, and as power has been granted to raise the sum of 120,0001. fir the express purpose of the station at Lon tion-!),.-idze, it is proposed to submit to this meeting a resolution authohsing the raising of that amount, or Shy pnifeaf it, agreeably - to the provisions :of the Act under which such poWer wns given. In concluding their Report, the Directors desire to express thcirunabated confidence in the soundness of their undertaking ; convinced, as they are; that, whether regarding the (nest of the line, or the expected traffic re sulting therefrom, it must sooner or later prove itself entitled to a better position:than it now holds in the rail way world. "The annexed:account of the receipts and expenditure of the Company shows a balance in hand of `26,3611.55. ld." London, 25th November, 1841. 5 ' : • The statements of the receipts and expenditure up to Bst October last were then reade showing receipts 788,852/..25, 94., and expenditure 762,490/. I7s. Bd., leaving a balance in the hands of the Company of 26,361/. ss. ld. The SECRETAitY then read the Report of Mr. Cubitt, from which we make the following extract. After stat ing his belief that the line might be opened to Tunbridge during the - rnenth of May next, - as stated in former Re ports, it continued thns rtiSi nee the last General Meeting in May, the wo r k s 1 Red Hill and Tunbridge have been un rem itti ng l y ` 1! " 1 el pus e forward ; and, but for unexampled wet weather during the whole of the last month, all the embankments ,upon, that 20 miles of line would have been joined and • completed up to formation level ; as it is, however, there due's not remain a month's work to complete all the em bankments ready for ballasting ; and, setting aside the delay, the works are in a much improved state, from the embankments having been well soaked and consolidated 'before being ballasted, thus ensuring a more perfect rail way in the tiret instance. " It is satisfactory to report that ample stores of bal listing,"of it:most excellent quality, have been found along the line, 'several miles of which, between Tunbridge and Etlenbridgea are already ballasted, and about three miles pii:inneent way laid, on which the locomotive engines of Messrs. Betts..(the contractors for ballasting and lay ing the permanent way) are at work night and day, with the intention 'of completing, if possible, a line of perma nent way from Tunbridge to Edenbridge—a distance of ten miles—by New Year's Day. The Tunnel at Bletchingley is completed. with the exception of its ends and entrances, and the whole will he completed and ready for the Rails 'by Christmas • by which time also, Or th e fi rst week in January, I expect ' the ballasting and laying the permanent way will be commenced at the juaction with the Brighton line, near Red Hill. "From the we have now• had of the per manent way, as regards the efficiency of the sleepers, chairs, and fastenings for the rails, I trust the Proprietors will have every reason to be satisfied with that important part of this railway, whether con s id ere d w i th regard to eif d ene y, first cost, or ultimat e ma i ntenance of way, wet storm's, of the storm, high tides,and weather prevalent during the last - month, various state meets were put forth in the public paper s re l at i ve to the c if ec ts of the rain a nd h i g h tides upon different p arts o '. the coast, and which were set forth in such a way as to o iesto. induce the reade rs to su p pose that in j ur y of some kind, or to some extent, had occurred to the work s rail way now in progres s between Dever and I , on fne the " Under theta circumstances, therefore, I d eemed it m y duty, previous to the gencral meeting, to g o t o D over examine into the state of the works there, and personally . as well as on the other portions ot the line. In accord ance with this feeling, ard accompanied by your Chair ' man, we devoted nearly the whole of the last week to th e objects of this inquiry; commencing at Dover and g o i ng over every portion of the line where works are in pro gress, from thence to Red hill at the junction with the Brighton line. " It is therefore with much satisfaction, I can most unequivocally state, that in no one instance have the . storms, hieh tides, or heavy rains , inj uriousl y affected the works - of this railway; but (setting aside the loss of time occasioned thereby) have in some instances been attended with advantage. At rove:, it is true, the extraordinary high tides have interfered with the general Coast Line both east and west of the town, but not to a greater extent than h :s occurrad at former periods ; and it is also true, that the late very heavy rains have acted upon the Chalk Cliffe so as be cause portions of them to fall, but this, as iega-ds the zihakqrare Cliff, where - the falls have prin- Ay occurred, hes no interference with the Railway Works, as the elialeereare Tunnel was driven through and at the back of that promontory for the very purpose of avoiding such casualties: - And' as regards the falls of chalk on the other parts of the Cliff connected with the wort. a, none have - occurred but where the same was in course of being removed in trimming down the Cliffs to a safs slope, or where it has all along firmed - pare of our plans to have it removed ; and inonecase, the point or promontory of chalk between the west entrance of the Shakspeare Tunnel and the commencement of the sea. wall, I have had plans, sections, 1 • prepared f or its removal for more than t anti e'ti mo m n a tl t i e s s , and nothing but the ersat cost (from 8,0001. to 10,000/0 combined wi t h the! and expectation that it would come down o f itself l in pe time, and the circumstance of wanting the Toeona , more in th e T un bridge divi s i on , deterred me from ha a- am happy, however, having it removed before this time. I • :i tteomiti „. dew to find that my expectations as to a fa even without help are likely to be rea ,"3;alfzed'Airieee the ensuin g winter, an d th us a large expe nse . anti the fz esa • . 7tLt h e perfee tly i bare. i Cliff at' that point rendered sgete•theour great wort;, the agratifying to me to be able to sea wall, which is in various s tates of pi-egress i n different parts has withstood all the storms and high tides, and without injury, and already forms a most perfect security to the foot of the Cliffs against which it is built; both by protecting them from the actiou of the sea in front, and perfectly draining them (by means of culverts built in for that purpose) from the land and spring waters at the back ; besides the important object for which it is being exe cuted, that of forming a railway, 12 yards wide, at its top and within a prrapet formed by the whole thickness of the wall." The CHAIRMAN said, before he moved that the Report be received, he thought it desirable that ho should make some comment upon the last paragraph but one, which spoke of unabated confidence in the soundness of the undertaking. Lest it should be supposed that those words were, like the Queen's Speech, a matter of course, he thought it desirable to state that the Direc tors continued to feel the greatest confidence in the undertaking. Having been for the last twelve or fourteen years been much connected with railways, he had .gene rally found that the cost per mile had greatly exceeded the estimates. When he first became a Proprietor of this railway a statement was put forth that they would require a capital of 1,400,0001., with a power of borrowing 450,0001., thus making a capital of 1,850,0001. Every thing which had been done at present satisfied the Board that the estimates would prove to have been correct, or at all events would not vary more than ten 10 or 15 per cent. In great works of this kind it was necessary to . allow such a margin. There were railways which after being estimated at two millions had cost two millions and a half. In looking at fifteen different lines of rail way, he found five had cost from 20,000/. to 30,000/. per mile ; two from 30.000/. to 40,000/. ; two from 40,0001. to 50,0001. ; and six from 50,0001. to 60,000/. He con fidently believed that the South Eastern and Dover line would come within list No. I.—(Hear.) In the course of the autumn he had met a very influential gentleman at Derby, who was a proprietor in the York and North Midland Railway, and in the North Midland. On this gentlemen asking him whether his confidenee in this railway continued, he referred to the fact that the shares in the former, which had cost about 26,000/. per mile were at a premium, whilst those in the latter. which had cost 36,000/., were at a discount.—(Hear, hear.) His contience, therefore, in this line continued to be un abated, and if it were not, he would candidly state it to the meeting. He would not trouble this meeting any further upon the subject, but would propose " that the Report of the Directors now read to the meeting be re• ceivesl and adopted, and that the same, together with the Report of Mr. Cubitt, be circulated among the proprietors." The question having heen put that the Report be adopted, Mr. TYRRELL said, that before the Report was adopted, he wished to make a few observations. The accounts were made out in a very plausible manner; but he was of opinion that they ought to have been laid be fore the Proprietors in a more satisfactory manner. He found that 38,702/. had been stated as the value of cer tain shares. Now, he did not think that the shares could be put down at that price ; and they might never receive that sum. They could come to no conclusion as to the amount of loss liable to be sustained upon the shares from the estimates then before them. Again, he found that there was a certain sum put down for the inspection of works. Might he ask who the inspectors were, and how the expenses had been incurred ? The CHAIRMAN could not state the details of those expenses, but he could assure the Hon. Gentleman that he had not received a farthing of the sum. The SECRETARY said that he would take an opportu tunity of replying to the whole statement of Mr. Tyrrell at the same time, rather than answer detached questions. Mr. SMITH thought that it would be better to answer the question at once, not that he felt that any particular courtesy was due to Mr. Tyrrell. The SECRETARY said that if it were the wish of the meeting he should at once state that the half-yearly ex penses for inspection amounted to 143/. These were the travelling expenses of the Directors along the whole line, in their examination of the progress of the works. Mr. TYRRELL called upon Mr. Smith to explain, or to withdraw certain expressions which he had used. Mr. SMITH said that he had stated that the meeting and the Company owed nothing to Mr. Tyrrell indi vidually, but at the same time, he felt that he should be treated with all due courtesy, and that his questions should be answered. Mr. TYRRELL wished to ask next, what was the salery paid to the Secretary? The CHAIRMAN would put it to the meeting, whether the question should be answered.—(No, no.) He thought it would be invidious to call upon the Directors to name the salary of the secretary individually. Mr. TYRRELL wished that the salary should be stated. —(Hisses.) The CHAIRMAN then put the question that the Di rectors should inform the meeting of the amount of salary paid to the Secretary. The motion almost una nimously rejected. Mr. TYRRELL said that as his questions were treated in that way he soould make no further observation. The SECRETARY said, with respect to the accounts that had been submitted to the meeting, an allegation had been made that the Company had taken credit for a sum of 38,0001. as assets in the hands of the Proprietors. All he had to say with respect to that was, that if the Hon. Proprietor, who had made that allegation, had looked to the debit side of the account, he would have found that the 38,000 shares, which constituted the whole shares of the Company, were placed on that side of the account.—(Hear, hear.) The Company were therefore entitled to an equal sum per share on the credit side of the account.—(hear.) Mr. PARSONS considered that it was unfair that the present Company should be censured for the course it had adopted in the management of its affairs, whereas it had, in that respect, set an example to other Com panies. —(Hear, hear.) As to the statement of the ac counts, he thought them most explicit.—(Hear, hear.) He felt obliged to Mr. Cubitt for his Report. " He had some questions he wished to put to the Directors, espe. chilly as to the London-bridge station. The CHAIRMAN said, that with respect to the London bridge station there had been a good deal of discussion. He believed the cost of that would amount to about 170,000/., 85,0001. of which would be borne by each Company. Mr. PARSONS hoped there would be no extraordinary decorations in the station. The CHAIRMAN said there was a feeling . among the persons who had the management of that department of the folly of decorations. Ile thought it was very likely the London-bridge station would altogether be a sepa rate matter from the other expenses of the Company. Mr. PARSONS wished to know whether any arrange ment had been made by the Directors to separate first and second class passengers as they were going to and from their seats?. The CHAIRMAN was not prepared to give any answer upon the subject. Mr. PARSONS understood that there was only about six miles of the work unlet. Mr. Cunrrr observed that the works might be said to be let all the way to Dover, with the exception of about five miles. The CHAIRMAN, in answer to a question from Mr. Parsons, with respecting to the permanent way, stated that the Directors were perfectly satisfied that the plan they had adopted with respect to it was the best they could pursue. He was glad to see a gentleman present who, he thought, would give a similar opinion, and whose judgment he had no doubt would have great weight with the proprietors. Mr. BETTS expressed his entire confidence in the mode adopted on the, railway, both with respect to the sleepers and chairs. They exceeded anything he ever saw. l'he road, which was finished, was three miles, and it has been worked over for the last two months, and he should say that nearly one hundred thousand tons had been conveyed over the rail, and this must have proved the quality of that road, especially considering the bad wea ther, and if there had been any tendency to give way this weather would have proved it. They had examined the sleepers to prove whether they had sunk from the effects of that bad weather, and they found they had not sunk at all.—(Hear, hear.) He had expressed his con viction that this was the best road which ever had been put down.—(Cries of "Hear, hear.") He was fully con •rinced that this road would not cost 30,000/. per mile, and that future railways would all adopt their plans. The materials were of the best quality he had ever seen. His conviction was, that the present sleepers would be undisturbed for 30 years, and he did not think that any other railway company in the kingdom could say the same. The CHAIRMAN said Mr. Betts was the successor to Mr. Mackintosh, and he was sure they could rely on his statement. After that statement, he (the Chairman) thought the anonymous letter, or letters, which appeared in the papers, would no longer be any subject for com ment, nor was it his intention to have done so, but that some Proprietors might have felt some dissatisfaction; and he thought he should not have been acting strictly correct towards them, had he not done so. He was exceedingly glad that Mr. Betts was present, as hehad expressed an accurate opinion on the subject. BETT S again expressed his firm conviction that the sleeping roa d was t h e b est t h at cou ld p oss ibly be adopted, and h e f e l t conv i nced that t h e pr i nc i p l e wou ld be ad o p ted on th railways throughout the kingdom. The CHAIRMANSout h E re said s it must be very satisfactory to find that th e Eastern and Dover Railway was not so much b e hi n d the the world. He w as a bout to put it to the Meeting thta Mr. LAYCOC K to t the Reports be adopted, when, ask whether or not the first was to b portion of the railway Company a e a joint p ro p er t y o f b ot h lines, or whetheir th e would purchase th e i r share from the Croydon Company,n and, if so, w h e th er the payment would be immediate or delayed, and bear interest said he co u ld h ar d ly answer the ques tion at present, but he thought the Compa ny would not purchase The no exaggerated statements h ELLetdhetlbia line. Mr. e Air.ELLtheIOTT of would go forth'to the public , as he was one of thos e who b e lieved that a great deal of mischief was dun e i n this way. But he believed irons the statements he had heard made, that exaggeration had not been resorted to. He begged to ask whether additional capital would be r e . quired ? The CHAIRMAN said it was not in his power to answer ,hat question. He hoped the statement that had been made would induce parties possessed of money to come forward, and he was sure they would, after this meeting, look at that line of railway in a different light to what they had hitherto done. Mr. CUBITT said that perhaps the Chairman would allow him to answer the questions of Mr. Elliott. The cost of the engineering department would be about 21,000/. per mile, and that department which did not belong to the engineer would amount to about 6,000/. or 7,0001. more ; therefore the Chairman was right when he said the expenses would not exceed 30,000/. per mile, including the whole of the losses. Indeed, he (Mr. Cubitt) thought the expenses would be considerably below 30,000/. The works which had been completed only averaged 22,000/. per mile, and that was more then two-thirds of the whole line. In reply to a question from a Proprietor, THE SUN, LONDON. THURSDAY, NOVEMBER 25 1841. The CHAIRMAN stated that the railway was 78 miles in length . Mr. CCBITT, in reply to a question from a Proprietor, stated that the sleepers were being Kyanised upon the high-pressure principle ; and expressed his belief that it would have a most beneficial effect in preventing decay from vegetable substances. The CHAIRMAN said before the question was put he wished to say a few words in reference to the loss of 184,0001. It must be recollected that great benefit had resulted from the slow way in which they had proceeded. He believed that had they gone on as railways generally had done, that both their present and future expenditure would have been much heavier than they were likely to be under present circumstances. A PROPRIETOR made some allusion to the manner of coastructing the stations. Having lately been abroad and seen the way in which such things were done in other countries, he hoped the stations would be such as Englishmen might be proud of. He would rather re ceive a less dividend than sacrifice such an object.—(A laugh.) The CHAIRMAN was in favour of erecting temporary stations for one or two years. They might then, if they found themselves in a position to do so, erect stations of a [more ornamental kind. The great evil in railways generally was, that expensive work had been constructed before they were opened, which might easily have been deferred to a subsequent period. The resolution for the adoption of the Report was then put to the meeting, and carried unanimously. Resolutions were then passed, declaring a great num ber of shares to be forfeited. The CHAIRMAN next put the following resolution : " That the Directors be, and are, hereby ordered and directed to dispose of the shares, the forfeiture of which had been confirmed at this meeting, in the manner di rected by the Act of Parliament, made and passed in the 6th William - IV., incorporating the Company." Mr. HILLYARD thought that the sale of so many shares was a matter of very great importance. Every one was aware that one of the principal causes of the depression of the affairs of the Company was the immense number of forfeited shares which were supposed to be hanging over the market. Now, in his opinion, the best mode of disposing of those shares would be to offer them, in the first instance, to the existing Proprietors, who had paid up the full amount of their calls. The SECRETARY said he believed such a step could not be taken. Mr. HILLYARD said t it seemed to him that if the Di rectors had the power of disposing of the shares by pri vate contract, they had a perfect right to enter into such a contract with their own Proprietors. That seemed . to him a very rational mode of getting rid of those shares; and he believed that if the shares were so offered, they would all be absorbed. There was an instance in point It appeared • that the Bristol and Exeter Company having also had a great number of forfeiture shares, it was proposed that they should be absorbed among the Proprietors, and he (Mr. Hillyard) understood that that course having been taken, the shares of the Company were in a very short time raised five per cent. in the market. He believed that a similar course, on the part of the Proprietors of the present Company, would be attended with similar success. Of course he would leave to the Proprietors to say at what price they should dis pose of the shares. He (Mr. Hillyard) would certainly be ready to take part of them for himself. The CHAIRMAN and several other gentlemen said that they should be ready to do so too. Mr. HILLYARD thought that the shares should be ab sorbed among all the Proprietors, according to the amount of their previous payments. The CHAIRMAN felt obliged to Mr. Hillyard for his suggestion, and he would take care that it should be attended to. Mr. SMITH said it was his opinion that the shares for feited should be distributed and got rid of. It was the number of shares that was supposed to hang over the market that kept down the prices of them. For himself he should be glad to take five shares. The CHAIRMAN said that himself and his colleagues had been anxious to get rid of the shares as fast as they could. Mr. HILLYARD wished to know whether there would be any objection to such a resolution as the following : —" That before the Directors disposed of the forfeited shares, they should offer them to the present Share holders at certain prices." The CHAIRMAN thought it would be better to leave the Directors unfettered, as he wjs sure what bad been stated by the Hon. Proprietor would have its weight with the Directors. Mr. HILLYARD was satisfied with the assurance of the the Chairman. He was sure what he had proposed was sound in principle, aad would be good in operation, The CHAIRMAN had no doubt if the proposition of the Hon. Proprietor was adopted, the forfeited shares would soon be disposed of ; but he would rather that they should be an open question. Mr. HILLYARD thought this was a matter where Pro prietors might interfere, without being thought they had any distrust in the Directors. The CHAIRMAN observed that supposing any difficulty arose, it would be satisfactory to him to have this ques tion set at rest; but supposing any difficulty arose might they not be shackled ? Mr. HILLYARD did not think any lawyer in West minster Hall could object to the proposition which he had made. He would draw up a resolution as to what he in tended, and submit it to the meeting. Mr. FIELD proposed a resolution to the effect—" That the present meeting, in consideration of the zealous and efficient co-operation of Mr. John Williams on the original formation of the Company, and heavy pecuniary sacrifices to which such exertions have exposed him, that 493 shares now forfeited be allotted to him withou,t the payment of any future calls ; that these shares be kept by the Company as security for the money lent to him ; and that the proceedings commenced by the Company should be stayed ; and that out of the proceeds of the shares the debt be paid." Mr. MARK seconded the proposition. Mr. SMITH thought they had not the power of pass ing so extraordinary a resolution. Mr. FIELD expressed a hope that the motion would not be passed over in silence. A PROPRIETOR said it seemed to him that this ques tion was quite an- anomaly. The mover wished to lay out 12,0001. for the sake of receiving back 6,0001., and if that was the case, he (the I'reprietor) did not see any advantage would arise to the Company—(A laugh)— and he therefore was quite prepared to hold up his hand against it, as self preservation was the first law of nature, and he thought they ought to take care of themselves. The CHAIRMAN said he was not able to speak to the subject, although he was a Proprietor at the time. Had he been able to havigiven any information on the sub ject, he should have been very glad. The Chairman was about to put the resolution, when Mr. FIELD said he shoull be glad to refer the question. The CHAIRMAN said he could not take upon himself that responsibility. The resolution was then put and lost. Mr. HILLYARD then proposed the following resolu tion :—" That if no legal objection exists to such a course the Directors be requested to offer the forfeited shares pro rata, such existing proprietors as have paid up their calls in full at the time such offer is made at such price as the Directors may determine." Mr. ROY seconded the motion. Mr. SMITH said he was so satisfied with the whole conduct of the Directors that he should be sorry to do anything which might have the appearance of dictating ; he thought they should be left perfectly free. Mr. HILLYARD thought he had obviated that difficulty by leaving it to the Directors to fix the price. A PROPRIETOR observed, that if the xesolution were carried, the Directors should be directed to offer the shares at a certain price, otherwise he thought they would be placed in a very awkward position. The SECRETARY said there was this practical objec tion, that by limiting purchases to the Proprietors they would limit the market; whereas, he thought the Pro prietor whose shares were forfeited, should have as wide a market as possible. • Mr. HILLYARD said the Proprietor who had forfeited their shares had no right to expect.;any such considera tion; if they were paid the sum above that in arrear that was all which they could expect. He could not admit the doctrine that they were to be controlled in the ma nagement of their own affairs, by deference to those who had brought them into embarrassment, by not per forming the undertaking which they had entered into. The CHAIRMAN said he was aware of that, but he for one wai quite prepared to bear the responsibility. Mr. FIELD doubted whether it would be advisable to press any resolution at present on the subject of the sale of the shares. The CHAIRMAN said that he cculd feel no objection to the sesolution proposed by Mr. Hillyard. He had no doubt but the Proprietors would purchase up the entire Of the forfeited shares. Mr. SMITH said that if the Directors had no objectioi] to the reiolution, he should of course withdraw his amend. went. Mr. HILLYIRD said he believed that the immediate effect of the resolution would 'be to raise the value of shares ; and, besides, they wanted to get immediate pos session, not merely of the shares, but of the money for which they would sell, for the purpose of carrying on the undertaking. If the proprietors did not take up the entire number of the shares they would still have the public market open to them. By passing the resolution they would show the public that they were themselves of opinion that the undertaking was likely to be a pro fitable one. _ _ The original Emotion put by the CHAIRMAN was then put and agreed to, as well as the resolution of Mr. Hill yard, the amendment of Mr. Smith having been with drawn M. PxasoNs wished to ask what the arrears were upon the shares not forfeited. The amount did not appear in the Report. The bECR‘ TARy said that there would be a supple mentary Report which would show that amount. The CHAIRMAN explained that it was possible the amount could then be stated, as many parties had paid 'tip their arrears on that very day. The CHAIRMAN then put the last resolution before him. The resolution was to the effect " That the Proprietors should be enabled to erect accommodation at the Greenwich and other termini " The motion was put and carried without any discussion. Mr. FIELD said he had another case to submit to the kindness and consideration of the meeting. It was known to many of the gentlemen present, that Mr. John Wil liams(of was now in a state of great distress, with nothing left hi m o f a very large fortune. He should move, there fore,; that the Company, vacate the jud gments now hanging overlaim. Mr. PARSONS second e d t h e amendment. • The CHAIRMAN said that for his part he had no 'objec tion to the motion. He believed that Mr. Williams was now in a state of embarrassment into which he had been led principally by his too kind and unsthpicious nature. He (the Chairman), had'also consulted the Solicitor to the Company, and be found there 'could be no legal *ob jection to their passing such a vote. A PnopitiEToit suggested that the question should be brought, in the first instance, before the Directors. The CHAIRMAN said that the Directors could not in terfere in the case without the sanction of the Pro prietors. The motion was then put and agreed to. Mr. FIELD thanked the Proprietors for, the kind reso lution they had come to. They might go home with the consciousness that they had relieved an excellent individual from a weight which pressed upon him very painfully.—(Hear, hear.) Mr. LEYCOGK wished to ask the Chairmon, before the meeting separated, wkether the Proprietors had heard anything of a determination on the part of the French Government to commence a line ofrailway between Ca lais and Paris. Such a'work, if completed, would mate rially improve the affairs of the Company. The CHAIRMAN:said, that the affair had been mooted by the French Government, and he was convinced that the project would ultimately be carried out. The question was, in his opinion, one merely of time ; but the project was not in a sufficiently forward state to have justified the Directors in bringing it before the meeting. He had lately happened to have met at Dover the Chairman of a Company in the North, and the ex-Chairman of the South-Western Company; and it was certainly no little sub ject of triumph to him to find such gentlemen on their way to Franco preferring the Dover line even though one of them was so largely interested in the prosperity of a different line. But no doubt these gentlemen thought that a voyage of two or three hours was less disagreeable than one of twelve or thirteen hours.—(Hear.) Mr. LEYCOCK wished to know whether the Directors had come to any determination to establish branch-lines to Canterbury, Margate, and other towns in the vicinity of the main line ? The CHAIRMAN said that no determination had yet been come to on the subject. But that also appeared to him to be a question of time; and the Proprietors might depend upon it that as soon as the Directors found they had the necessary funds they would carry out the project referred to. A vote of thanks Was then passed to the Chairman for his services to the Company, and the Chairman having returned thanks, the meeting separated. BRITISH IRON COMPANY. (THIS DAY.) A meeting of the Proprietors of this Company took place to-day at the Company's office, Broad-street, City, for the purpose of taking a ballot with respect to the re solutions proposed by Captain Richardson, at the meeting lately held at the London Tavern. Our reporter on ap plying for admission was told that the meeting was strictly private, and that no person from the press would, therefore, be allowed to attend. -- --- THE FUND S-(CLOSING PRICES.) BRITISH FUNDS. Rank Stock ••• India Stock ..... ....249 3 per Cent Red. BBk Ditto Bonds 3. per Cent Cons B9h Ditto Old Annuities ... - 3i For Cent Red.. 97i Ditte New Annuities... New 4 per Cent i 99 Ex. Bills, 1,000/....2id 10 pm New 5 per Cent ...i. 1 Ditto 5001.... 9 pre Long Annuities toexpire Ditto Small. ... 9pm Jan 1860 .. 12 7-16 Bank Stock for Acct... Oct 1859 l2* 'lndia Stock for Acct. ... __ Jan. 1860. — 'Consols for Acct 6 4 FOREIGN FUNDS. Lustrian, 5 per cent.... Portuguese, 5 per cent. 44 Belgian, 5 per cent — Ditto, N ew Ditto 33 Brazilian 80nd5.... sBi Prussian, 5 per cent. Buenos Ayres, 6 per cat ' Russian, 5 per cent Chilian, b per cent.... Ditto, Metallic Colombian, 6 per cent.. Spanish, 5 per cent 234 Ditto, 1824 Ditto, Deferred .. 12A Danish, 3 per cent — French, 5 per cent.ll6f. —c. Greek, 18:6, 5 per cent — Exchange —f. — c. Mexican, 5 per cent.... French, 3 per cent —f. —c Ditto, 6 per cent, 1825 Dutch, 4 per cent s2h Peruvian, 1825, 6 per et. Ditto, 5 per cent. SHARES Great Western Railway( 65 paid) ..... ...... ' Ditto New Shares (50 paid 57 London and Brighton (50 paid).. London and Birmingham (90) ......... ... .. 157 Ditto Quarter Shares ( S paid) . 2111 London and South Western * 57 South Eastern. and Dover (43 paid)......, l9 York and North Midland Railway (50 paid) 88 Ditto New Shares (15 paid) ......... 291 ROLLS' COURT.—(THIS DAY.) (Continued from our Afternoon Edition.) WILSON U. TINDALL. Mr. PEMBERTON (with whom was Mr. Roche and Mr. Hubbock) moved for an injunction to restrain the defen dant from the infringement of a patent belonging to the plaintiffs. In the year 1829, a gentleman, named Soames, discovered a method of employing cocoa-nut oil in the manufacture of candles, by subjecting it in packages of linen and sail cloth s at certain temperatures to hydraulic pressure, whereby a substance was produced called stea rule, and a liquid called oleine, the former of which, after being melted and purified in a copper vessel, was manufac tured into candles; and the latter, after also going through acertain process, employed for burning in lamps and other purposes. For this invention Mr. Soames obtained a patent on the 9th of September, 1829, and enrolled a speci fication of it on the 9th March, 1830. On the 20th March Mr. Soames sold his patent to the defendants, Mr. Wilson, and a gentleman named Lancashire, who were Russia brokers, by whom it was again sold in 1834 to gentlemen engaged by Mr. Wilson in the ma nufacture of cocoa-nut candles, and now carrying it on at Belmont, Vauxhall, and in the Island of Ceylon, under the firm of Edward Price and Company. The oil employed in this manufacture was produced from a substance called copperah, which consists of the dried kernel of the cocoa-nut. At the period of the discovery a duty of 30 per cent. was imposed on the exportation of copperah at the Island of Ceylon, but which a short time ago was reduced to two-and-a-half per cent. On this reduction of the duty, Mr. Tindall, the defendant, determined to avail himself of it, and established a manufactory at Hackney, for the purpose of making cocoa-nut oil from copperah. Shortly afterwards several workmen of the plaintiffs entered his service, and communications taking place between the workmen of the two establishments, it was, in October last, communicated by defendant's workmen to those of the plaintiff, that defendant in tended to make an alteration in his business, and net only, to manufacture cocoa-nut oil from copperah, but also candles from cocoa-nut oil. Upon being informed of this, plaintiff wrote to the defendant on the second day of November last, informing him of their patent and specification, and that if he in fringed it, legal proceedings would be commenced against him, to which defendant, on the same day, replied, that the process he used was not the same as that described in the specification, but founded on a principle to be found in scientific works published many years before the patent was obtained. The plaintiffs, believing that if the defendant made cocoa -nut candles from cocoa-nut oil subjected to pressure, he was violating their property, although there might be some variation in the mode in which the pressure was applied, filed a bill for an injunc tion to restrain him from so doing on the 17th November, and it being thought better, instead of obtaining the in junction upon an ex parte 'application, to give notice of it the matter now came on for discussion with all the information that could, be afforded by the evidence of both parties. Under these circumstances, it was sub mitted that the plaintiff's had brought themselves most distinctly within the rules of law which protect patents, and that since time discovery of a chemical principle could not be the subject of a patent., but only the appli cation of it to the production of a new material, the invention of Mr. Soames was of this description, and therefore the plaintiffs, as the assignees of that invention were entitled to the injunction ; and, moreover, if this were not the case, that as they had been in the uninter rupted enjoyment of the patent for a number of years, and had expended a capital of 35,0001. in working it, the Court would continue them in the uninterrupted enjoy ment of it, by granting an absolute and positive in junction. Mr. TURNER with whom was Mr. LOFTUS WIGRAM, cited tne " Repertorlum of Arts," and Dr. Thompson's " System of Chemistry," to prove that the fact that Stearine and Oleine might be produced from oily animal and vegetable substances, was known many years ago, and also cited Brunton v. Hawkes, 4 Barn. and Adolp. 541, to prove that if there were a known principle appli cable to certain purposes, a patent could not be obtained for the application of . that principle to precisely similar purposes, and the learned gentleman contended that the patent in question, was to apply the same pressure to a substance called cocoa nut oil, to produce the same result, and that, in point of law, the patent was therefore bad. Moreover the process now used by the plaintiffs was not the same as that used by them when the patent was obtained, there being a difference of eight degrees in the temperature at which the pressure is ap plied. T plaintiffs having, therefore, departed from the use of the patent, it was contended that if they could Make out a case of infringement they would not be enti tled to an injunction ; but it was submitted on the part of the defendant, ;hat no infringement of the patent was proved. Mr. PEMBERTON was about to reply, when The MASTER of the ROLLS adjourned the further hear ing of the case till to-morrow. VICE CHANCERY.-(THIS DAY.) (Continued from our. Afternoon Edition.) (Before Vice• Chancellor BRUCE.) HAIGH V. DIXON. This was a part-heald demurrer, and engaged the Court the greater portion of the morning. It was totally devoid interest. A few motions of course, not entered on the paper, were disposed of by. his Honour in the course of the day, PRENDERGAST V. TURTON. The arguments in this cause were brought to a close to-day. His HONOUR in giving judgment said that with re spect to the question raised by the defendant's counsel as to the making of certain individuals parties to the suit, he had thought it the best course to reserve it till the case had been fully heard, either on the part of the plaintiffs or of the plaintiffs and defendants. The cause had been now fully heard, and it was not his Honour's opinion that the plaintiff's had made out a case by which the Court would be justified in giving them re lief. It would therefore be hard and useless to enter into an investigation of - the question of parties, and ac cordingly he would: not give an opinion on the points There was another part of the case upon which he did not think it necessary to decide. He wished to be understood as not in any way deciding that the course pursued by the Directors of the Com pany with regard to the forfeiture of the plaintiff's shares, was one which ought to have been pur sued, or capable of being maintained, if questioned in due time. The opinion at .which he had arrived as to that point was, that the judgment which he found it his duty to pronounce was entirely consistent with the supposition that all they did with reference -to thiat partictilar proceeding was uuauthorized, and capable of being successfully impeached, if impeached in dui time. Now, with respect to the plaintiffs and their discussions with the Directors, those discussions were brought to a close in 1828, and from that period till the time the present claim was made, they (the plaintiffs) never resided out of the Queen's dominions, living occasionally in the island of Jersey and occasionally in England. They might, therefore, have made themselves acquainted with what was going forward. In the interval the mine being in difficulties, and the plaintiffs refusing to contribute the necessary money beyond the nominal amount of the original shares, some of the parties interested in the speculation were found willing to struggle with the difficulties, and make a hazard in working the mine, which they ac• cordingly did during the years intervening between 1830 and 1836, when the speculation became some what profitable, and the Company became entirely remodelled, and then, and not till then, the plaintiffs, who had apparently retired from the concern when they had found it necessary to ad vance money which they were not willing to give, put forward their claim. In that state of things, his Honour found it impossible to say that the plaintiffs should be assisted. It was impossible according to established principles, as he viewed them, to give relief to the plain tiffs. With regard to the question of costs, he would hear defendant's Counsel on it. Mr. SWANSTON, on the part of defendant, stated that his clients did not seek to have the costs allowed them. No other cause of interest came before the Court during the day. Bis Honour rose at three o'clock. During the few days that shall elapse, before the Sittings after Term commence, the great mass of business to be disposed of in Chancery be fore the beginning of 'Mary Term, shall be so distri buted as to guard against the confusion in the general list of causes which was unavoidably consequent on the late arrangements in the Equity Courts of the establish ments of the new Vice-Chancery Courts. BAIL COURT..—(THIS DAY.) (Continued from our Afternoon Edition.) BUSINESS OF THE COURT. On the SOLICITOR-GENERAL rising to support a rule which he had obtained the other day in this Court, in the case of Duke v. Watchorn, to set aside an execution under a warrant of attorney, Mr. Justice PATTESON said that, before proceed ing any further, they had better come to some understanding as to the business of the Court. He thought that everything moved in this Court ought to have the preference, at all events. It would not be fair that they should be flooded with the business of the other Court. He should, therefore, dispose of the causes moved in this Court first, and after that, if there should be any time left, he should be happy to hear the causes from the other Court, so long as the Term lasted (i. e. until midnight.) The SOLICITOR-GENERAL then proceeded with his argument. The case was one interesting only to the parties concerned. SPIRIT of the PUBLIC JOURNALS. FROM THE EVENING PAPERS OF THIS DAY. GLOBE.--That Toryism, the inveterate op ponent of popular rights, the very essence of which is tyranny, and the means by which it has ever sought to strengthen its position and per petuate tts rule, exclusion, restriction —mono poly, in all the forms in which it can be made to operate in the arrangements of the social system—that Toryism should fraternize withChar tism, the avowed object of which is to change the very form of our national institutions, break down the barriers which the Constitution has erected for their protection, and thus let in the mass of the population, irrespective of property, t o di r e ct and control ue legislative and administrative functions of Government—that such extremes could be induced to act together in a political struggle, was no less disgraceful to the contract ing parties, than it was dangerous to the peace and safety of the nation in which it took place. It would either be quietly dissolved by the con trariety of its component parts, or be destroyed by an explosion, in which the country would be convulsed by the concussion. The alliance is, it seems, at an end. The Chartists are no longer to be cajoled. The repeal of the Corn lasts—that monster-evil,which at once diminishes wages by depriving the working classes of employ ment,and raises the price of food by excluding that of foreign growthfrom our markets—is discovered to be of more essential worth to the working classes than the • Charter's " Five Points." Though still disposed to obtrude their dogmas, and still fond of manifesting their importance by upsetting the proceedings of meetings called for purposesaltogether wide of theirpeculiarobjects— they have diseovered, to the sore annoyance of the Times, that the Tories are neither theoretically nor practically the friends of the working classes; and that in proportion as Toryism strengthens its hold upon the institutions of the country, there will be an invasion of popular rights, and an, increase of national suffering. Hence the recent interruption and dispersion of public meetings called in different places for objects in which the Tories, as a party, are known to be particularly interested. Instead of interrupting, at the instigation of Tory landlords, lecturers on the injurious operation of the Corn-laws on the springs of national industry, the Chartists now attend public meetings to insist that the distress of the working classes, produced by the operation of those laws, shall be re cognized as an integral part of the pro ceedings of the meeting. Abstaining from the tumuituous noises by which they inter rupted the meetings of the Liberals, and to which they were chiefly incited by the Tories, who instigated them to conduct so disgraceful, the Chartists pertinaciously insist upon being heard; and, in proportion as they conduct themselves with deeorum, and urge their claims with respect to the rules which must govern public meetings, they in general succeed in ob taining a hearing. But just in proportion as the 'Chartists become rational, they are obnoxious to the Tories, and the objects of denunciation by the Times. "To muster their forces ;" and " nunattar how alien soever the declared object of such meet ing might be from any political aim," to " persist by dint of a preconcerted rendezvous, in obtruding Chartistamendrnents where partydiff encescannot be legitimately intruced,i and thus rudely thwart ing the proper business of the occasion," is, evi dently, very censurable when perpetrated against Tory assemblies; but equally commendable when arrayed under Tory marshals and directed by Tory fugiemen, to enable them to act the more effectually against the Whigs. STANDARD.—We shall not assist Mr. O'Connell in tracing the reason ofthe system un happily necessary to be pursued towards Ireland, because we remember that " male tractatur pax repetitis causis dissidii ;" but we challenge any imputation upon the conduct of England towards any of her other dependencies; and it is by her general conduct a nation is to be judged, as it is by his general conduct we jud ge o f the characer of an inividual. Must we add, that it is by such general conduct we are, in the absence of other proof, to judge of the individual who is found an exception. If we find a man of sound judg merit, upright in his dealings, pure in his morals, generous in his sentiments, and kind to all his children but one, mte are apt to conclude that there must be something in the character of the excepted one to justify a distinction. This conclusion would not be much shaken if the excepted one should place himself under the guidance of a domestic O'Con nell, teaching the pupil to wish for the ruin of his father and his family to supply an occasion of a scramble profitable to himself: The spirit of li berty, as we have said, is libelled and misrepre sented in company with England. " History af fords no confirmation of the fact that in the degree in which freedom is possessed by a nation is its injustice towards dependent inations." History attests the very opposite. While Greece was free the Greek colonies enjoyed the same freedom with the parent states, and protection into the bar gain. The Morning,Chronicle is mistaken in speak ing of Sparta as a free state, and of the Helots as a dependent State. Sparta was governed by a grinding oligarchy with monarchical forms; and the Helots, who were prkedial slaves, had no State. Rome, during the period of her freedom, gave the same freedom to all her depen dencies—they were either incorporated into her own State, or protected in the enjoyment of all their own institutions, like that of Tuscan Caere. Of England we have already spoken. The reason of the opinion propounded by the Morning Chronicle ever having received a moment's coun tenance from rational men will occur upon a very little reflection. Under an absolute Govern ment all are equally slaves, and the dependent State feels nothing to mark a condition of inferiority. Under a free Government the de pendent state must be always one degree less. free than the metropolitan state, or it would not be dependent. Wise men submit cheer fully to this slight inferiority as the price of a cheap protection, but the perverse and silly see in it a constant occasion of discontent—a never failing topic of seditious excitement. Hence the dependencies of a free State are, like all other tree States, more prone to rebellion than the de pendencies of a despotism; but rebellion must be guarded against by rigorous laws and punished with seventy—and such rigourous laws and such severity pass for injustice with the unthinking. It may be observed, however, of all free States, and of oar own country in particular, that the State always punishes its own rebels more se verely than this rebels of its dependent States. If the Bristol and Nottingham incendiaries had been Irishmen they would not have been hanged. Mr. O'COnnell went at large while Messrs. Feargus O'Connor and Bronterre O'Brien occupied felons' dungeons; for though Ireland is not a dependent state, but an inseparable part of the great metropolitan state, Ireland is allowed to enjoy all the advantages free from the disadvantages of dependence. LIGHTING OF THE METROPOLIS TURNPIKE ROADS. PARISH OF TOTTENHAM. A meeting of the ratepayers within 400 yards on each side of the turnpike road leading from Stamford-hill to Edmonton was held in the Grammar-school at the High cross in this parish last evening. Mr. G. E. Shuttle worth was unanimously called to the Chair. The CHAIRMAN briefly described the object for which they had assembled, and read the requisition, which had been prepared by Counsel, thelsubstance of which he had put in the form of a resolution. On a division the numbers were-100 for the lighting, and 17 against it. Messrs. Fowler, Fox, Dean, Boon, W. B. flunnings, and Thomas Ashwell were then elected inspectors for the'year. The CHAIRMAN having produced an estimate of the probable cost of lighting the 59 lamps heretofore lighted by the Commissioners of the Turnpike Roads for one year, and having also stated the probable amount of the rate for the district in question, It was moved, seconded, and carried, " That the amount to be raised should be 3601., which would be produced by a rate of 4d. in the pound upon houses, and lid. in the pound upon land." The CHAIRMAN stated that about 94 small tenements assessed below 101., and producing at the above rate about 171. per annum, would be met, he had every reason to believe, by voluntary payments from gentlemen residing beyond the limits of the district in question, and which he had no doubt the inspectors would apply in discharge of those rates. Hence, he observed, that the only ob jection raised to the adoption of the 3d and 4th William IV., c. 90, would be obviated in a way equally gratifying to all parties. Thanks were then unanimously voted to the Chairman for the very able manner in which he had conducted the business of the evening. This was perhaps the largest meeting of influential persons ever known in this parish. As the Act of Par liament requires the inspectors to do certain acts, some days must elapse before the lighting can take place. STATE OF TRADE. (From the Manchester Guardian). MA.NCIIESTER.—The announcement of the failure of an extensive house in the print trade, in this town, and the accounts of a continued pressure for money in London, caused a very gloomy market yesterday. The demand for yarn wa3 extremely limited, and the little business done was at lower prices for several descriptions. For goods, the market was still worse; there was literally no demand, and prices were altogether nominal. ROCHDALE FLANNEL MARKET, NOT. 22. —The market to-day has been very similar to those of the three or four preceding weeks. The demand for goods continues brisk, and the prices remain stationary. The wool market is quite as dull as that of the preceding Monday, and prices have a tendency downwards. HUDDERSFIELD, NOV. 23. —As a market•day, this was one of the worst that has occurred for many weeks. and, were it not that some good and tolerably extensive sales have been made to order, the condition of the manufacturers would be deplorable. Happily, however, there is an inquiry for the American market for light fancies of various descriptions; but the general demand is very limited. Prices are very low, but firm; and a hope still exists that the long depression will shortly terminate from the mere force of circumstances. Busi ness in the warehouses is perhaps no worse, but by no means animated. FUNERAL OF LIEUT. O'GRADY. The funeral took place on Saturday. The melancholy cortege left Burnley barracks at three. Notwithstanding the extreme wetness of the day, a vast concourse of people assembled in front of the barracks as early as twelve o'clock, and amongst whom were a number of the principal inhabitants of Burnley and its vicinity. At a quarter to three the detachment paraded in front of the officers' quarters, and being arranged according to regu lations, the corpse was brought out, and the sad pro cession moved off in the following order :—A firing de tachment, consisting of a sergeant and forty rank and file, with arms reversed, under the command of Lieutenant Suthby, the band of the regiment, which came from 80l ton for the occasion, playing "The Dead March ;" the two clergymen, the Rev. J. G. James (chaplain), and the Rev. Mr. Mitchell, in full robes ; the coffin on a bier, sup ported by twelve rank and fi ; chief mourners, Captain O'Grady (brother of the deceased), and a cousin, from Dublin ; Lieutenant Colonel Walter Trevelyan, and the officers of the regiment from Bolton, Wigan, Black burn, Liverpool, and Colne, and the officers of the Queen's Bays ; gentlemen, friends of the deceased, and others from the town and neighbourhood ; the detach ment, which was reinforced on the occasion by two ser geants and twenty rank and file from the company sta tioned at Colne. The procession was closed by two troops of the Queen's Bays, stationed at Burnley. On arriving at Haversham-eves parish church, commonly called the New Church, the coffin was carried into the aisle, which was crowded to excess, while thousands were standing outside. To keep back, and in order, the im mense multitude assembled, required the utmost exertion of the police, of whom there was a large body in attend ance. The solemn service was read by the Rev. J. G. James ; after which the corpse was brought out and deposited in the vault, over which the firing party dis charged three rounds as the last tribute of military respect to the memory of a brave officer. The band (contrary to custom) did not play on their return. At half-past seven o'clock the remains of Lieut. O'Grady were taken up again, and delivered to his friends to be conveyed to Ireland. COMMISSION OF LUNACY ON RICHARD WEEKS, THE GREENWICH PEN- SIONER. A Commission of Lunacy was yesterday morning held at the Gray's Inn Coffee-house, before Commissioners Blount, Murray, and West, to inquire into the state of mind of Richard Weeks, the Greenwich pensioner, who had recently bequeathed to him by a deceased aunt, the enormous sum of 120,0001. Mr. RUSSELL, who appeared in support of the Com mission, said that the alleged lunatic was in attendance, and that when asked if he was desirous of having any legal assistance, replied that he did not require any, adding that he was as good a lawyer as any of them himself, and would plead his own cause. The Learned Counsel said that Mr. Weeks was fifty-four years of age. At an early time he entered the Navy as a midshipman, where he remained for a considerable period. He mar ried in 1820 his present wife, who was possessed of a very small income, and they struggled on together for a series of years, hen he at certain periods exhibited symptoms of the malady under which he now laboured. The character of the disease showed itself in the most unequivocal manner, he fancying himself possessed of the most unbounded wealth, and nearly allied to the Royal Family. The Learned Counsel added, that Miss Weeks had recently died, having bequeathed to Mr. Weeks a fortune of 120,0001. Sir Richard Dobson, physician, of Greenwich Hos pital, deposed that he attended on Mr. Weeks, and that in the year 1840, in a conversation with him, he said that he was come into the possession of a million of money, owing to the death of a near relative, and that he was going to be married to the Queen. He invited witness to dine with him, and expressed his intention to give every Greenwich pensioner livepence each. He be came so violent in his conduct soon afterwards that wit ness recommended his removal to 1)r. Warburton's esta blishment. In the course of that morning he told wit ness that he was going to dine at Buckingham Palace, and talked in his usual incoherent manner, telling wit ness that he intended to give him fifty millions ; that he (witness) should get married to four Princesses. In fact, fact added the witness, I consider Mr. Weeks is in that condition of mind that he is quite incapable of managing his affairs. Thomas Rowed, a Greenwich pensioner, in the course of his examination, said that in the month of September last he was in the same ward with Weeks, and that that person told him that he was going to have Dr. Dobson's carriage—that he was going to give a grand dinner, and should present all the company with five guineas each ; he also said that he had given three diamonds of great value to be placed in the Crown. He talked of having boundless wealth, and when contradicted used to got into a violent pasSion—particularly if told that it was all nonsense about his having any Chance of getting married to the Queen. The witness then gave other instances of the condition of the mind of Weeks, and added that he had no hesitation in saying that he was of unsound mind, and incapable of taking care of himself or his pro perty. - After hearing other witnesses, the Jury found that R. Weeks had been of unsound mind since Sept., 1841: STATE OF TRADE, COMMERCE, AND NA. VlGATlON.—Business of all descriptions becomes duller every week as winter approaches. Cotton, which has been declining in price all through the year, is now as low, within a mere trifle, as it has ever been. The woollen trade continues to exhibit the same unequivocal symptoms of distress and decay which it has shown for the last three years. The iron-masters of England and Wales, in the hope of relieving that immense branch of the national industry, have determined to diminish the production of iron twenty-five per cent. for six months. Whole forests of colonial timber may be seen at the pre sent time, piled around the Brunswick Dock, at this port, quite unsaleable, except at the most ruinous prices; and the value of shipping continues to decline rapidly under the two-fold influence of the fall in the price of timber and of ruinously low freights to all parts of the world. Painful as it is to see and to state these things, it is absolutely necessary that they should be not only mentioned but freely discussed, for, unless that is done, and, unless the discussion is followed by the adoption of appropriate remedies, there is nothing before the whole community but distress and ruin. The pressure on the mercantile and manufacturing interests is now extending to retail traders of every description, having long since reached the labouring classes, and threatens to involve the shopkeepers in embarrassment and poverty, along with all the classes who used to be their customers for the luxuries, conveniences, and necessaries of life.— Liverpool Times. SIR JAMES GRAHAM AND SIR ROBERT never heard Sir James and Sir -Robert but ante. It was when Sir Robert Peel was in office and Sir James Graham was in opposition. George IV. was dead—but not buried. Sir James Graham chose that particular period to charge the Government, of which Sir Robert Peel formed a part, with fraudulently pilfer ing, for their own uses, some 80,000/. from the revenue connected with the West Indies. I shall never forget the indignation of Sir Robert at the charge, and " at the unmanliness of making it when the King laid dead in his palace." "It is too bad," three times reiterated the in sulted Baronet; and then he floored his accuser. I thought -he had made an end pf him. flow little, did I then expect that those tw o B aronets would ever meet at the same Council-Board Oastier's Fleet tapers. _EVENING SUN LLOYDS' SHIPPING. T 1 VESSELS SPOKEN WlTH.—Lady Cockburn, -..v e -,-/tre. pool to Savannah, out 16 days, lat, —, lon. 23, hyi to Visitor, arrived at Dartmouth. Jersey Tar, LiverPe ° . Syra, 19th inst., lat. 44, lon. 9, by the Cha rlotte, arrial:t. at Falmouth. Planter, Syra to London , 17th . 41, lon. 11; Scipio, Newcastle to Marseilles, 20th iAl!)!tt.. r , lat. 46, lon. 8, by the Eleanor, arrived at ditto. }Le jesty's ship Gr ec i a n, 20th September, off Simon's Da); a large ship from London for Bombay, 17 E.; the number made was first 1). P. over 3, 695 ' Fergus, Bombay to Liverpool, 25th, lat. 30, lon. 12, Scotia, 16th ult., lat. 1 N., lon. 21 W ; American bq Cadet, 16th ult.; Ship . India, 19th, lat. 7 N., lon. 2 2 _ , school; Cliebar, China to London, 22d, lat. 9, lon. Hero, 20th inst., lat. 47, lon. 13, by the Sealeby Cas t arrived off the Wight. lat. 34 S., lea• NOTICE TO MARINERS. The following has been received at Lloyd's " Admiralt, N0v.23 1841 " With reference to m commun ication of the TO l n• in. stant, relative to a wreck off Aldborough, lam ~C , 0 4 1 manded by the Lords Commissioners of the 00'1%, to transmit to you herewith, for the information of Committee for managing the affairs at Lloyd's, a Is)s• of a letter from Commander Washington, of h rec e r , i n jesty's ship Shearwater, reporting that the w. question has been driven ashore near Southwold. " I am, Sir, your most obedient humbl e servant: ~. (Signed) " SYDNEY lIERI3OI " To W. Dobson, Secretary, Lloyd's." ter, " Her Majesty's ship S hearisl Harwich, Nov. 20, 18 41 • tw in' " Sin—ln reply to your letter of yesterday, e °l2 of ing their Lordship's directions to proceed in scar c , to the wreck reported by me off Aldburough, haYeve acquaint you that the same post brought me intellet,or, near Southwold. I have, therefore, of the wreck having been driven on shore at F 'c o ar mander of her Majesty's ship Driver, at Hal l ' g, c ate him this information, and leaving him free to e l he ir any ulterior orders he may have received from Lordships.—l am, Sir, your obedient servant, „Ty, (Signed) " JOHN WASHINGTO6O, NOTICE TO MARINERS BOUND TO LEGT e ens Extract of a letter received at Lloyd's from th e h i r fsth at Leghorn, dated 15th November •—" 13 , a T f" i e rlit c if proximo, an alteration is to be made in trie this port. It is to be a double revolving light ? EAST INDIA SHIPPING. Arrivals—Scaleby Castle,' Johnstone, front o jer off the Wight, sailed from Macao June 2 0, v ier, written to the icing August 7,. St. Helena October 7; Duke of la le f r oo l Hargreaves, from China, off Portsmouth, sailed Macao June 4, St. Helena Sept. 23. Arrivals at St. Helena—The Francis Smith, IT,eoner. from China, and sailed for London ; Cheha t ' fr i~ite from China, and sailed for London; French, ro t he Urania; her Majesty's ship Fantome, Oct. 5, t j r° ,chic h Coast, with a prize having 500 slaves on ho3l.l,oisa, she had captured Oct. 3 ; her illajecty's ship 010,4! Oct. 5, from the Coast; Ocean Queen, Eva li '''calc°`, - Peacock, and 'William Ha: ris, Terry all fro' j i- e llocP' Sandersons, Bushby, from China; - Chin from Bombay; George Armstrong, Jones, ,f ,B . .lis 1 ow and sailed the 7th for Liverpool; Mary fro Arr m3 i l v o a u l l a m t e Fn in e ,a a n n d g— sa T ile h d e th G e en 7 e th rai to pi:)acilrrjec;o3,' 5 , 0°- 4, Madras. Mk Arrival at Anjer—The Providence, Jae kso-11' rum Singapore to London: CORN AVERA GV- 4. ~ c ottv , p , ot , T is , . Ac tur ad GENERAL AVERAGE PRICES OF BR. „, the, ,t n't - For the Week ended Nov. W, 1841, made up fro m , Pn'' the Inspectors in the different Cities and Taw"' 4 0 , . Wales, per Imperial Quarter, a ro ......... Ip. Wheat l ,ss. 11d. I Qats .„ ... Barley 33s. 4d. I Rya .... ..... 40s. WA Teo' . ,40' i • r% _,.... AVERAGES OF THE LAST SiX W.- - iIgASS. .....--- 6 W.et ending WHEAT. BARLEY. OATS. EVE' 1.„ - ,/< 5 5 7 -....--....." 4 , 4 u lea 3 al 6 21 7 :is 3IP 1 1 1 1 j 63 6 31 5 21 t+ 35 0 0 4 0 4 40 s , 64 5 31 7 22 9 39 ~, 4 f, 4 41 s 5 65 5 32 8 22 0 31 1 4 0 li 40 12 Ito 65 11 33 4 - .2 6 40 ci % 'i% IMPERIAL AGGREGATE AVERAGES or VIP ...... s''' jOi Wheat 6ls. Bd. Oats ......... 225. 1(1.1 Bans ... ~•kg s I Karla,. 32s. 4d. Rye Wheat ...... ... 225. Barley Ds d n . r. o aat ioll FOREIGN CO3-' llang... ............. 4 13s. 10d. I Rye Oct. 15 1 22 29 Nov. THE M. COAL N Ships arrived since d.' Adair's Bell, Hobson & Co. Hartley 17 () huddle's West Hartley l9 0 Charlette Main Lioly wet' Main lB 6 New Tantield Moor It West Hartley Wylam Walls End Clark and Co. 17 t Walls End Clennell it) 0 Walls lend Delaval Walls End Killmgworth 19 t W. E. BraddylPsHetton ... 21 9 Walls End Hetton 2l 9 kRKETS. [ARKET. last market day, ; Walls End Larribt °n ilettr on 0 Walls End Ru55e11'!........ 0 0 f Walls End Stew art ! South Pelton ••••••••' q>< Walls End CassoP•ol,.,„, W a lls End tiartlepoc: . ,„ is a Tenna nt's HartlePe,°;.; * fees Walls End Harringi ° .... is Walls End Bowburnoettso i s 0 Walls End Clarenc%d ...... 0 . Walls End Even"crees.o gi ; Walls End SeYin" .. o Wal s End Tees ........... Howard's Neth erton • , :____-( o r COUNTRY CORN MARKE TS ' r ~, non'. ...-- Wheat. Barley. 1 Oats. ....,„„.........' .. te ll ........... --........—.........- ~ to L. 39 40 Per Quarter. a. to a. a. to a. a . to ,t, 35 _..r'' 35 ,1 Boston itraintr fi,ighton ee 65 75 31 39 23 .27 . SS 1: . Cambridge — o 5 31 SI •-", 4r4 : 3 Chichester 62 70 30 2$ 24 26 4 7 43 Dunmow - i; Grantham ..". Grimsby 56 74 29 33 IS •21 36 i ••• Daiisham 66 72 33 35 22 23 33 35 , 4 ~ g Hitchin 5O 73 2i 34 22 30 34 4 , pi r Ipswich 6./ 67 28 :=2 21 26 33 5 1 59 5 6 Lewes 6O 70 34 37 21 22 34 59 , 0 "„ Lynn 5B 66 26 34 IDI 2G 40 4 n u .., 1" Maidstone 59 76 36 39 26 32 38 4 N 14 : Norwich l'etworth 4"4 Romford 6O 74 28 36 21 32 30 3 As Ai Sandwich 62 71 30 34 .16 30 35 co t 54 Tnetliird Wisbech 4:2 i" 34/ Witham 62 72 24 35 24 31 ..„. 40 , Yarmouth 6O 74 10 32 24 30 0 ' ---- so v, IP , IRISH MARKETS. e on% ' Av er DUBLIN MARKET NOTE for the Wed' ,p, "i 79 7 ' •. 0 IY a Frog', :N; 6 I s " 525 Wheat,per banal %a. stone... 23 ',,-) I ‘, 1 2 9 218 Bere ,.... ...... ... 16 5t01e.... 15 . t . :(' 0 ' I 0 317 Barley .... 16 stone.... 16 ' 1 IS 0 ; 3 1 470 Oats '4 stone.... 10 6 6 0 Flour, per cwt... 6 at0ne...,.. 0 1 4 „.., 2 6 1 312 Oatmeal— It stoue.„... ig 0 Sold to Bakers only. o 5 0 f b. o i In II :''' nrt . ''.. .A 5 _i 11 I'll 1,..• r'....... 474 Oats ' '4 5t0ne...... 0 Flour, per cwt. .. estotte...... 312 Oatmeal- 6 stone.... I Sold to Bakers only. 1 f. , 3 o ;c1 ,.. 04 9,110 Cwt. F10ur.... m . ........ r 10 U , 1 0 d le i ' 0) •25 , 0 ,0 p A ts v o er f agepric l e;J: 37 Wheat a n d Flour sus 2 , cit. to os . 0 Firm. ..... ... Qua . tra t : o l:s : (XI to 15 1 1 . , Receipts Sales of Do. 10,8!3 Flour, ' iSeccal is frova , t ,.. 041. Quartern Loat ....I:id.' Hail A I Pitlell or "MEAN _ ~,, 20 A 4.10.,4 • Thirds ...L . ::: front 1"- CORK M A lIKETS..-rw' • 0.'71 3 °' Wheat (per 204)16s 01. to 355. 6..s.tJate (per 14st• ''' 15 Oatmeal (per cwt.)...........a. Oct Barley (per Hist.)l2 0 16 0 jFlo"r (per Oct ) 1 . ; Od 0 to 1,4 j to w. Beef, 6.1. to 7d.—Mutton, sd. to 6 41,--Ve lgii er 00 Pork, 4/d. to 5d.--Fresh Rutter, 11d• to own PRICE op BuTTER. pthe 0 To the Merchant!. ...,...* .. /8 • e irst Quality... ........ .......... 92 , -...... ...... •1 0 ....• .. ..1 Second .. 01 ......•••••••'' ......- (1 Third ••.. ........ ••• . ...... .... SO ..-- ....... ''''',...- ...% Fourth ........... .......... ..... .. 74 .......", ... .' .4 ' Filth ...levee 1.6 ..».»....».."......... ~ Sixth .....• .. ► 4' , CLONSIFLL MAIIKETSow. I4°v• e. o (1. , I 0 Yes Cwt. s. tc ',. u 4,) 0 s. d. . ~.' C .." 82 U klidcE(raw , •• ••• .41 I 12 6 Baconl':gs ............ 0 1 0 6 42 0 41 0 , IFlour,Ttade....- ".20 P 0 I --.-- RI'S t tip..". 52 0 deeds.. ...... .... ... '2 Per Eat. < 6 1., , Per Barrel. 11 Rapeseed i Here lO 0 I Caale .........., ... 20 0 0 Barley ......«, .... ~.. o Wheat.perbarrel)2Bs. Od.to 3.55.041. Gee( r,/sor It'. ." ' 0 Barry 1 . 2 KILKENNY }IAItKETS. 0..„ 0.1. 0 15 .0 hiuttro .... ..... ••• 0 4 [rats ........• ~ 14 0 15 0 l'ork ..........- 0 6 Flour (t,cr Cag) 20 0 bEI 0 Vetif.....,.......- 4 ' 0 0 Butter(percivt.) 90 0 lO n 0 iresh Butter ••••• 0 6 Bacon Pigs 36 0 42 6 Salt Ditto ... ..... 0 A C oa ls 1 U 1 2 Potatous;per IL' s. d. Aew Butter .........84 oto Oatmeal 0 Renderea Lard 0 flour, Second -- 0 —Household 0 rd ; 01 1 o ofo 0 OJo 1 0 -- ---- = ------. 1, “....."-AC-L 9 0 SILVER. TEA SERVICES.—A. P-1,.. e tt; bill . itil and Sons, Manufacturing Silversmith, No. 14, '" - r ices 11, don, opposite the Bank of England, submit t1i0,105.,0) following SILVER TEA and COFFEE SER ' 0%00 Cottage Pattern is plain, standing on shell fet , os 'r i g@ coffee-pots with a flower ornament on the lids. Pattern is richly embossed with flowers and scrolls' rlis of either is new and elegant : _, 0 sl o‘. 4 . COITAGE rATTERN. I xtsGs 01' .1 1 1 0 Z S. Strong Silver Tea-p0t..... 12 0 Strong Silver Tell ° 601 s' . i 1 0 Ditto Sugar Basin 616 Ditto 5,.,,..":0V e ° Ditto Milk Ewer. 410 Ditto '-'i.e.e t ':„...-/, 1 Ditto Co ff ee-pot. 15 0 Ditto C o t' 40 - ~i. ~.... • es 0. Complete £3B 6 c oni plete.••• se oic rtie le A variety of upwards of fifty Tea a nd Coft e4 a e verY tblet s be seen in tho Show-rooms, where may be sele v- r4inrrsug of Silver requisite for the sideboard or plate -cbest•_ticies. i1 ... A. of prices, illustrated with sketches of the various 3 , ! rig a,... 0 , 0 and forwarded postage free to any part of ths ki d e o, dr B. SAVORY and SONS, No. 9, Cornhill, Lon the Bank of England. ---=--'------- Oh IRTHS. c arle l On the 22d inst., at B ri ghton -h ghton, the wife of Esq., of a daughter. 2: 2• Gd 2d ß .i r nlv i i a n st t s .. o t n.xi' D ii i ' lr North t t ßh h t el the ve2 ' x b11 94' o r o f s oot O d h nn,ne,, of the a w so i n fe . of Mr. W. ~. _ * of a daughter. • ..,,t. at ' On the 23d inst., at Po°l4l daughter. inst., s a am t t yFLtyehfiiceeksiteßricttoheryl,andeyarof O.J. Jl tlig a:tatisoji. nder's-en , Clark, of a son. --.. Jennings,lifi/Pilig.D. J. r fi l ii : On the 20th inst., at SL Mark's, Kennington, „of J' Esq., of Brixton. liams, Esq., of Enfield, t Kenning o f to Emma, youngest dear 100.. id.. pit , Est te r On the 23d inst., at Withyam C. Freeth , iti n t '; dad" l‘i r. ofW e .f l . beek-street, Cavendish-squire, to Anna Elizabet , 0, Tuiner, Esq., of Withyam, Sussex. v ick , Itb On the 22d inst, at High-street Chapel, N' t r ` T bter O P ' A. Parker, of Birmingham, to Caroline, second daog - Rev. W. Field, of Learn. S• B 31eff of i' ' On the 23d inst., at St. John's, Haekraty, - • :,,bter E' , l- , of Austinfriars, to Esther Reed, second dame Hovel 1, Esq., of Clapton. -------- el of . 1. Williams,Onth 20th inst., in Albion-street, Lucy , t he ill Esq., Barrister -at -law. Catherine, ff' i f e o On the 20th inst., at Streatham, Catherine, tl' e ". Foss, Esq. , If i s I.l 3 f 6 s i's. On the 21st inst., at Queen -street, Cheapside, --2 0.- I. On the 21st inst., at Sydenham, f the Paul's Churchyard, aged b 2. late ° On the 21st inst ' Piccadilly, J. Buck, Esq.' ig EA ~ in War•offi - ce, aged 68. te '' J. Rivington, ''''''' On the 2ht inst., Martha, the tsife of F. Viroodga ' of Ferea Hall, Tonbridge, ent. bes, Usk" 0. Diroirige to .ohf wid O o n w t o h f e th l9 e t i h at i o n E st . . , H a u t gChoebsl:alm:cq, .S._uorfreTey,:diraise...lßpicaceee, On the 20th inst., at Great - Yarmouth, Louisa ., d four' - Lieutenant Colonel Dickens, of the Royal Engint,erst, si;rehel° daughter of the late Thomas Smyth, Esq., of '"' in On ne thesam e2uctohunintyst.., Mashers Gilbert, Esq. at Portland-place, Harnroerosith, Jodi' f London Printed VOI/C'' . Printed and Published by UMW° , ^trait ; tNhoe.Clolu2n,tyStorfai\lididdiatoeTz/s:Oftiee, No- 111 12:1 14 ' . Thursday, Novoriber c"'