The Sun. — London, England, 1849-01-23 00:00:00

GENERAL STATEMENT of the POSITION and PROSPECTS 'of the SOUTH-EASTERN RAILWAY COMPANY. The Directors proceed, after mature consideration, to present to the proprietors of the South-Eastern Railway a General Statement of ,the position and prospects of the Company. The directors nerd hardly point out that, In the course of the statement, it will be re quisite for them to base upon estimates the conclusions at which they arrive as to the amount that is yet required to be expended on ca pital account, whilst the return of revenue, which that outlay, com bined with the capital already expended, will produce, may, after the views of the directors have been stated, be calculated by each proprietor himself. And although the directors have delayed the publication of the statement, to ensure the g' eatest possible accuracy, and have availed themselves of theirlexperience of estimates of the cost of works, they still feel that, not any criticism, but the future alone, can test the correctness of their views. It will be the study of the directors, interested as they are, and re sponsible as they have been for the policy adopted in the management of the cempay's affairs in times of extraordinary difficulty and emer gency, to treat the whole subject with impartiality. Under their management it has been the good fortune of the com pany to escape the evil effects of competition, imprudent amalgama tions, and a reduction of tolls whieh would have made the attain ment of prosperity barely practicable. For this the company is indebted, net alone to that justice which Parliament has, at each successive costly contest, awarded it, or a series of happy accidents in the rejection and suspension of the Bills it had promoted, but also to the perseverance with which ag gression on the company's just rights has been resisted by the pro prietors. These rights were recognised in the preamble of the first Act of the Legislature incorporating the eompany, passed on the 21st of Julie, 1836, wherein it was stated that "this railway would be productive of great public advantage, by opening a certain and expect' dons com munication to Dover and other towns and districts on the south east coast, and also of facilitating the communication between Lon don and the Continent of Europe ;" and it is matter for deep regret that, to preserve the rights thus recognised as attaching to the owners of the capital embarked in an adventure admitted to be of great public advantage, so enormous an expenditure in Parlia mentary contests should have been necessary; although at the same time it must be acknowledged, taking every surrounding circum stance into consideration, that in the end these contests, of which the directors believe there is no likelihood of a repetition, have been attended with a not unfavourable result. The directors are satisfied that, with reasonable skill and eco nomy in the management of the Company's affairs, there is every ground for belief, that on the completion of the South-Eastern lines of Railway in progress of construction, and a fair development of their traffic, of the Continental traffic, and of that of the lines al ready in use, the company will possess sources of revenue adequate to secure to the proprietors, permanently, a satisfactory dividend. The length of the lines of railway and branches now used for traffic by the South-Eastern Railway Company is as follows: Miles ch. 87 25 The Main Line from London to Folkestone and Dover The Folkestone Harbour Branch .. .. • • The Bricklayers' Arms Branch • • • • • • • • 1 56 The Greenwich Line • • • • • • • • • • • • 3 60 The Maidstone Branch • • • • • • •• •• •• 9 77 .. The Tunbridge and Tunbridge Wells Branch 5 22 The Ashford, Canterbury, and Ramsgate Branch .. .. 30 10 The Ramsgate and Margate Branch . • .. 3 56 The Minster and Deal Branch .. 8 67 'The Canterbury and Whitstable Line .. • • .. .. 5 78 The Gravesend and Rochester Line .. _ .. 6 15 making 163 miles and 47 chains of railway. This includes the Greenwich Railway, and the Canterbury and Whitstable Railway, held on lease, and also 13 miles and 22 chains of the Brighton Rail. way, being a portion of the distance between London and Reigate, over which the South-Eastern Railway Company, by agreement with the London, Brighton, and South Coast :Railway Company, has a right to run toll free. • And it should be stated that the London, Brighton, and South Coast Railway Company has the right to run toll free over so much of the Greenwich Railway as forms part of the main line to Reigate, over the six miles of the South-Eastern Railway between Croydon and Reigate, and over the Bricklayers' Arms Branch. Before proceeding to treat of the prospects of the Company, it will be well to call to mind the relation of the different capitals to each other, and their rights to the earnings now in course of receipt. And, to do this, it must be stated that in accordance with the terms of the resolutions passed by the proprietors on the 11th of September, 1845, no dividend is payable in respect of any of the new shares then created, viz., the No. 3 Shares, until six m o nths after the day to which a divided has been declared on the then existing shares of the company, next following the opening for traffic of the latest in point of execution of the following lines of railway and works authorised by the several Acts passed during the preceding session of Parliament, viz.:— The Branch Railway from Tunbridge to Tunbridge Wells. The Branch Railway from Minster to Deal, and Extension of the Canterbury, Ramsgate, and Margate Railway. The Branch Railway from Ashford to Hastings, and The widening of the London and Greenwich Railway. And all profits accruing from any of the new lines wholly or par tiallY opened before such day, are divisible among the proprietors of tile then existing shares. And also that no dividend is payable in respect of any of the new Shares then also created, viz., the No. 4 Shares, until six months after the day to which a dividend has been declared on the then ex isting shares of the company, next following the opening for traffic of the latest in point of execution of the following new lines of rail- Way and works, viz.: — The railway from the London and Greenwich Railway to Graves end, _ . The railway from Tunbridge Wells to Hastings, The railway from the town of Rye to Rye Harbour, and The additional station at Ashford, to be constructed by means of the additional capital to be raised by the same No. 4 Shares; and that all profits accruing from any of the new lines, wholly or partially opened before such day, are divi sible among the proprietors entitled to share the profits of the other lines and works of the company. So that, according to the resolutions referred to, until all the Works now in progress are completed, the holders of the Shares then existing;viz , the original and the No. 1 and No. 2 Shares, reap advantages beyond those earned by the specific capitals upon which the dividend is payable. The branches which have been - opened for traffic and contributed their earnings to the advantage_ of the original and the No. 1 and 14 0. 2 Shares are: —The Tunbridge and Tunbridge Wells Branch, 5 !titles in length, which was opened on the 20th of September, 1845 ; the Minster and Deal Branch, 1 miles in length, which was opened on the let of July, 1847; and tae Gravesend and Rochester Line, miles in length, wilich was opened as a double line on the 23d of August, 1847. A regard to these facts, which have always been before the pro prietors, will sufficiently evince how far they have affected past di vidends. It was not contemplated that any benefit would be given to the holders of the No. 3 and No. 4 Shares until the lines of railway and works for which those capitals were created had been opened for traffic; those shares were issued at 30/. per paid-up share, to be eventually on a par with the original and the No. I and No. 2 Shares, on which the average payment will be 321. 19s. per share; but the exigencies of the money market, which defied all calculation, made it inctimbOnt on the directors, in order to insure the prompt payment of the calls on the No. 3 and No. 4 Shares, which was of vital im portance to the Company, to call upon the proprietors to empower them to pay interest at the rate of five per cent. per annum out of capital, until the holders of the No. 3 and No. 4 Shares should be come entitled to dividend. This power was granted by the proprle on the 18th of February, 1847. Whilst the directors confidently submit that this measure, so au thorised and sanctioned by the propriet rs, was dictated by • sound Policy to meet the unequalled difficulties of the times, it is obviously desirable for the company to terminate the payment of interest out of exPital;.which necessity alone justified, by proceeding vigorously to complete the works, and thereby to render the whole of the capital expended productive. It will be well, before proceeding further, to remind the proprie toll of the terms on which the Greenwich Railway, the Reading, Guildford, and Reigate Railway, and the Canterbury and Whitstable Railway are held by the South-Eastern Railway Company. 1.1,11.1.•• The Greenwich Railway is held on lease for 999 years, from the let of January, 1845. The rent payable this year is 40,0001 . , and it Will increase at the rate of 1,0301. per annum until the year 1854, When the maximum yearly rent of 45,0001. will be payable. The Reading, Guildford, ani Re!gate Railway is agreed to be leased in perpetuity from the time of the completion of the works, 'which is to take place in August next. The rent is to be payable at the rate of fi ve and a half per cent. per annum on the cost, which is limited to 600,0001. ; the rental will, therefore, be 33,0001. per annum. The Canterbury and Whitstable Railway is held on lease for the term. of 14 years, commencing from the 29th of September, 1844. The rent payable for the remainder of the term is 3,0001. per annum. In addition to interest on the mortgage debt, amounting to 44,221/ , and which is 2,2111. is. per annnm. The South-Eastern Railway Company has the option, before the 29th September, 1812, of par chasing this line on payment of 60,600/. as the purchase money, and on assuming the mortgage liability of 44,2211. The South-Eastern Railway Company have relaid this line with heavy rails since it was leased to them, and they have removed the stationary engines with which it was worked, in order to substitute locomotive power for the purposes of the traffic ; and as coke works have also been built by the company at Whitstable, and money has been expended by them ,in the improvement of the harbour, the directors think it will probably be for the interest of the company to exercise their option of purchase The length of the lines of railway and branches in course of con struction by, and to be leased to, the South-Eastern Railway Com- Pany, is 133 miles, viz.:— Miles. ch. The North Kent line from London to Woolwich, Dartford, and Gravesend • • • • • • 25 4 The North Kent, Greenwich, and Bricklayers' Arms Junc tion Railway • • • • • • • 60 The Ashford, P.ye, Hastings, and St. Leonard's Branch .. 28 24 The Branch from Rye to Rye Harbour • • • • • • 170 The Tunbridge Wells and Hastings Line, and Branch to wards Rye The Reading, Guilford, and Reigate Line • • Of the Re ading, Guilford, and Reigate Railway 6 miles 40 chains are to be made by the South-Western Railway Company ; and for the use of this part the South• Eastern Railway Company will have to pay a proportionate toll. The length, therefore, of the line of railway and branches which Will ultimately be used for traffic by the South-Eastern Railway Company will be 296 miles and 47 chains. It will be seen in the Statement A. that the capital already au thorised by the Company's Act of Parliament is 9,115,3751. The amount of capital expended by the company to the let of January, 1849. is 7,890,5321., as shown in Statement B. ; and it will be seen that of this amount 6,649,305/. has been paiii up by the pro prietors, and 1,201,2271 has been advanced to them on mortgage, and remained due at that date. The works in progress of construction are : The enlargement and division of the London-bridge station, and the widening of the Greenwich line. 31 14 45 68 The North Kent line, from London to Woolwich, Dartford, and Gravesend. The North Kent, Greenwich, and Bricklayers' Arms Junction line. The Ashford locomotive station and works. The Ashford, Rye, Rye Harbour, Hastings and St. Leonard's branch, and The Tunbridge Wells and Hastings line. The amount of capital that will have to be expended to complete these works, to pay fur the land not yet in the company's possession, for stations, permanent materials, and for the erection of the electric telegraph on the new lines is 1,132,7241. The estimates for these works are less by 465,0001. than the prices in the original estimates, and thissamount of saving of expenditure will be effected by the revision and alteration that has been made of the works, and the reduction, that has taken place In the price of labour and materials. It is estimated that a further sum of 108,9001. will eventually have to be expended to increase the locomotive engine and carrying stock, to meet the requirements of the traffic of the new lines when opened for traffic; so that the total amount of expenditure under these heads from the Ist instant, will be 1,241,6241. The North Kent line will, it is expected, be open for traffic by the Ist of July, although the works have not all been pushed forward as the directors considered they had aright to expect. The enlargement of the London-bridge station must be completed in time for the opening of the North Kent line ; and it is clearly of Importance to provide proper station accommodation for the traffic of this and of the other South-Eastern lines and branches. The North-Kent, Greenwich, and Bricklayers' Arms Junction line, which will connect the Bricklayers' Arms station and its popu lous neighbourhood with Greenwich and the North-Kent Railway, may be opened in three mouths; and will probably be the means of Producing a larger return of traffic to the company, compared with It s cost, than any other of the works, as it will connect important existing lines with each other. The completion of the Ashford locomotive station and works is deemed to be of great consequence to the welfare of the company, as !lerge portion of the Mare expenditure on revenue account will be Incurred there. The coustraction of the Sonth-Eastern Railway Company's Coast Lin from Ashford to Rye, Hastings and St. Leonard's, where it •.!;n I S the London, Brighton, and South-Coast Railway Company's ;last' line, ma ki ng the coast l i ne of commun i ca ti o n from Ramsgate, Cud-u Deal, Dover, F o lk es t one an d t h e o th er p o rts of Kent to Portsmouth a p l t i ne westward complete, is finished between Ashford and Rye ; e land is i n the company's possession, and the works will be rned with as speedily as possible. pl ete e f fnln . pany were pledged to Parliament and the public to cora cle. The unreasonable by the autumn of 1848 ; but this they were unable to othe r 4 arreasonable tenders made for executing the works, and ten e) .;;;al o lties, caused the delay; for of the sum of 465,0001., saved line ver the works in progress, 150,0001. will be saved on the The ov e , en.Ashford and St. Leonard's. r un adea,"„„ e rinlPortant work, of which the heaviest portions are in lintaind,;`, lave is the Tunbridge Wells and Hastings line. The the comp an e eeeled with as fast as the financial circumstances of The E f „,,Y Will permit. slate the" opening J . :llerly 0 ,7,.. 1 nigS traffic, which, it must be femembered, came for- South-Eastern Hallway at Staplehurst, has been lost to 27th of of the Brighton, Company's Hastings Pile on the age", a June, 1 846, but the larger proportion of this traffic will be eq ' ll red on the completion of the South-Eastern Company's gs line -oe ra te , tloual outi urees which aro at the disposal of the company to meet i! 3 ' required for the completion of the works, for the add'. win be locomotive engines and carrying stock, the interest that and th p e aY_able to the proprietors of the No. 3 and No. 4 Shares, Itssets, r .,.._wortgage debt, are set forth in the statem en t of Th ey '"` eo ufx . ed C. Itind ry cred e lnited, on the Ist instant, of—Cash in hand, 104,747/. lea ; ' 4llB to b e 411 3 , period Ite, 1 4,8121. 53. Id. ; calls In course of receipt, 125,160/. ; reort gage p nl o ado, 7 32,657/. ; unissued shares, 141,7601. ; unexercised wen, 231,3251. ; which latter sum can be capitalized at Of choseny the proprietors as can in like.manner the sum 1 2it.li - zer ; ‘* a.. 0 ' n. , 11 ,e porde ! ' of the present mortgage debt not yet ca ,'Y th e creat ,eYend these SUMS the company has power to raise, 'rhe sur *1 new shares, 340,000/. es thus 253 Ms le n d *. 01. and other property of the company is valued at h '"'ung the aggregate of assets 2,296,882/ 3s. Id. ,suy their • be en , •hown that the company are already ..115,3 7 -. Acts of Parliament empowered DI. for thy . to raise in the aggregate vsr lineof s e xecution of their works, and to make and open all " L uvray, excl usi ve of their line between Gravesend and e supply ition of rst-rate; e barely nit little S. & 31 34 31 3 ! 29 3 ' 24 27 , 27 3 ' 26 28 28 3 ' 2 22 2 ! 26 2° , 2s; red, ;an, 24 5 3 ; 303 to ocierate of oats; and the g rates. 6d per week's Peas _ s od _ s Od _ s od PPIY • of I down 8d VP. luarter. ) 25 6(.1 Fedor. 5s 0 4 3s 4 1 9s O. 2s od e price Oats , ht 41b; I s t 51b; Cheese , per lb' butter , ko 10d; y eggs or 10 2 41 ial qr. 0 , neW , --a to 15s ods ; Pen33per, ; ditto' to, old, to 140 six 0' , 22 5 t° 103 per is day's 6d PO boll)°, , .. . . . , . , ....,-,,,,,: 4 .,....., 4 > i ;, ,f AM /1 1 h. , - ve).*r• • . ' , , , ' = • ..( ..., -7,, -, d - . . :71 ,i ( k4re . V 4 k'l ,- rtit , l. • ;1:1', - :Tu! ' : eg r ik ' • J.,.. : ----- - .., - 4›- --) - - .„. • ~.„ 4 , ~ , . ,.,.,, i.-...,.. , .•• y' . r_..;' li l 1 1 'fit • i .r. ' . ‘',,,f l ::- ..- :.),__., • , , I. , ,e ,i . 1 / 4 - N „_ „ , . , , ... Y , ) , T •''' 1/ ;le .=''' . ..,e' • A K i ll '''' --.- d'i• %. ... 's*;i-, : ,, ,, X:c \ I\ .S-..?'-• - 4 , ) / i T ' ' f. _,-< " , .... 41/ .i, 1, , 1., . ' .' ' . -• •i? ' 5 .11:4.4 '0 -4 5 . • -.7. 1r1 - 1 2 '` ' ' ,. -.7 .. I\ --"--- -- 4:''''' '' 4 =t - ' l / 4 \ %. :::=' L' ' l..' " " . :•.,:.-' 15 ,:•.... -• . -""-- ( 3 i; ''''' 4 ) - •,, .. \: , 44 ) . t•-•• ~. 1 e ., ‘ vt . :•i‘ ;,, eh At!iii i * L e d ..r .•.) i.: % q.,...:•'' 11Ey 2 : ..:,. .7 .;-- -;'; ':',.,;,., ~.% ..;, ,-, ~,,-...- . -._...: .:•.,„ ..-, ',. - • ~,.. ..,.:.._ : ,...:1_ , .•: :: :: - ... ' , . : 1 k -- ' 15' ''',,,, ',' .....,,,,.,, , t,-; Irs,•,, „,..,,,,► „ v .\ ~,....„,„„) , 4.:_. .., : :::. , ,, ~ . ~,„ .....,-7-„,,, ~y „..,......____ ~..: 5, 1 37, ,-c-i l ,:1 ., . ...- .s k t- ..........-4,..de l, _.,.. \\vos ' :•- ti : 4N5.,, t, ~ ' ' •`ol' ' ; ' 1;/ \ -,,,,,,, ..! 4 , V, ,4 , 4. V iv . . i 44 ~. , : or i 1 ,- 7•, : ~...;,...,,,,*• I. ' ''' , . . .. .. —/ , / , ,i ) ;* l W -4 [PtucE sn. No. 17,575.] ,!.;4 2 , • LONDON TUESDAY al Rochester, and the result will show that the capital was adequate to the purpose. The line from Gravesend to Rochester is on a different footing; the company were authorised by their Act to purchase the railway and canal, and to fill up the eanal, and double the line ofrailway, so as to form a part of the South-Eastern North Kent line, but ne prevision was made by Parliament far the payment of the purchase money, nor any authority given to raise money for that purpose. Parliament had, however, previously recognised the principle and necessity of a grant of power to raise money for the purpose of exe cuting the works, by autinrising the Gravesend and Rochester Rail way and Canal Company to raise 85,0001. by the creation of shares, and 56,6661. by mortgage, and all the powers of the Gravesend and Rochester Railway and Canal Company were vested in the South- Eastern Railway Company by the Act of Parliament authorising them to purchase the railway and canal. The South-Eastern Railway Company purchasel the Gravesend and Rochester Railway an t Canal for the sum of 310,004 ; paying 31,0001. in cash, and giving bonds for 279,0001., payable, with inte rest at three and a half per cent. per annum, in the year 1851, and application will ronsequer.tly be made to Parliament to raise the sum of 358,9851., for payment of the purchase-money and interest. The filling up of the canal, and doubling of the line of railway, has b=eta executed by the South-Eastern Railway Company ; and the line was opened by them for traffic as a double line on the 23d of August, 1847. In addition, the proprietors authorised the payment of interest on the No. 3 and No. 4 Shares ; but they did not provide any specific fund for such payment. The amount paid up to the Ist instant is 159,1661. 175., and the further amount that will he payable under this head is dependent in some measare on the time of opening the new lines—it may be taken at 205,016/. 6s. 6d. Had this payment of interest on the No. 3 and No. 4 Shares not been made, it would have been out of the power of the company to maintain, as they are doing, full faith with Parliament in construct ing those lines, to the completion of which Parliament itself looks, and justly, with considerable interest.. The additional sum of 350,9851. will make the whole paid-up capital of the company 9,466,3601., which will represent 296 miles of railway open for traffic, and a locomotive and carrying stock of the value of upwards of 600,0001., free from mortgage and other debt, earning revenue, and subject only to the deduction of the working expenses, rates and taxes, and of the rents of the Greenwich, the Reading, Guildford, and Reigate, and the Canterbury and Whitstable Railways, and the proportionate toll over the 6 anises and 40 chains of the South-Western Railway. The revenue produced by the lines open during the last year, 162 miles and 66 chains in length, was 449,725/. 11s- Id., or 2,7631. per mile. The policy of the company for the last four years, that they should themselves be the carriers of goods on thnir own lines, has been adopted with entire success : the receipts from goods, which aver aged weekly 6081. in 1844, amounted to 1,8101. per week in 1848 ; or in the former year to 6/. 12s. per mile per week, and to 121. per mile per week hi the latter. This policy the directors believe will be still more successful when applied to the traffic of the whole South-Eastern system of Railways, and will then produce more than a corresponding increase of receipts. The proprietors will take into consideration, in estimating the ad ditional revenue to be obtained when the whole 296 miles of railway are open, the anticipated improvement of the continental traffic in passengers and merchandise, the return to be derived from the North Kent line, the Bricklayers' Arms Junction, and the other railways in progress, as well as the general prospects of the country, and' the hope of' a greater development of the existing traffic of the South-Eastern district, and they will probably arrive at the conclu sion that the permanent dividend to be derived from their property is not likely to be less than 6 per cent. ' • and if the proprietors have not erred in the anticipations on which their original investment was made, still greater advantages are to be expected. The South-Eastern Railway Company holds, from its natural posi- lon, the key to the land traffic passing from Europe into Greatßri taim and cannot be dispossessed of it; and while it would be of no advantage to speculate on the results which must attend this situa- tion, yet it would be improper not to express the opinion of the di rectors, that this position must be of great importance and advan tage to the company, At the moment, however, when the railway from Boulogne to Paris was completed, the French revolution took place, and from that time to the pr@sen&there has not been as much Continental traffic as there was afore the opening of the French lines of railway. hedisrantion of the political relations of Europe, by which com merce generally has suffered, has naturally been visited on the South- Eastern Railway, as the great highway to the continent. In the last twelve months only 44,110 passengers crossed to and from Folkestone and Boulogne by the steam-ships, and in the pre ceding twelve months, when the French lines were not opened, the number of passengers was 49,514. The establishment of a settled Government in France, and the continuance of peace throughout Europe, may fairly be expected to be attended by a resumption of the ordinary extent of communica- Com with this country; and it will be a solitary exception in rail way experience, if the means now existing of reaching Faris daily in twelve hours from London, by the South• Eastern route, have not the effect of increasing greatly the number of travellers. The directors have always look , d to the extension of the railway system on the Continent and to the completion of the lines pointing to the Mediterranean with peculiar interest. To do justice to the Continental traffic, it is essential that the short sea passage from Folkestone and Dover to Boulogne and Calais should be performed at hours to suit passengers, and by the best class of steam-ships, and this, it is well known, has been admirably effected by the steam-ships of the South-Eastern and Continental Company, which have made 3,438 passages without a single accident -the time occupied in the voyage of 26 miles from Folkestone to Boulogne varying from one hour and three-quarters to two hours and a quarter. The revenue of the London. Folkestone, and Dover line, depend ing, to an important extent, on the facilities and certainty of quick passages to and from Boulogne and Caials, the directors are of opi nion that it is desirable that the South-Eastern and Continental Steam-ship Company should be merged in the South-Eastern Rail way Company, as the sea service requires to Le performed more with reference to its advantage to the railway than to that of the proprie tors of the steam-boats. It is requisite that greater facilities should/ be given for the con veyance of merchandize between Folkestone and Boulogne, by which . . . . . ie South-Eastern Railway Company has hitherto benefited but little, than the steam-boat proprietors as an isolated company can afford to provide; and, although the case might be met by a general guarantee from the railway company on all the passemers and mer chandize carried by it and the steam-ships, there would be greater simplicity, and more effective combination, were the two undertak ings united. It has been shown that the ultimate capital of the railway will be 9,466,3601., whilst 130,0001. hks been sufficie' it to provide eight splen did steam-ships for the daily service to France. With regard to the disPuted claims ox the company,.alluded to in a previous half-yearly report, and which are all 'referred to arb,tra tion, comprising the claims of the contractors, engineers, surveyors, and solicitors, amounting to 196,8001., the directors believe that they will be settled for the sum set apart to meet them, viz., 7'38,0401., which has been invested for that purpose in the stock of the South- Eastern Railway Company, as offers have been made to the directors to compromise the principal claims on a reduction of up wards of 60,0001. The directors consider that the science of working railways with economy is still in its infancy, and can be only attained by care and great experience ; and they have the most confident expecta . . Lion that great improvements will continue to be made under this head. _ _ _ The extortionate parochial assessments to which this company has been subjected, and to which it was compelled, for many rea sons, reluctantly to submit, during the pressure of Parliamentary contests, are now systematically resisted, arid will soon, so far as the existing law, which bears very hardly on railway companies permits, be, the irectors trust, equitably adjusted. The proprietors will not fail to observe that the difficulties at tendant on the commencement and completion of an undertaking like the South-Eastern Railway are apparent to every one; the prospective advantages which follow the full establishment and de velopment of a great commercial institution, are not so striking, but are properly to be considered, and taken into account in attempt ing to arrive at any fair estimate of its value. The directors trust that the unabated confidence which they en tertain in the South-Eastern Railway will be shared by the proprie tors ; and it will be the study of the directors to promote the inte rests of the company to the best of their ability. JAMES MACGIi: :GOR Chairman, A 34.—Capital authorized by the Acts 01 Parliament. C.—Statement of the Liabilities and Assets of the Company •n Capital Account, Ist of January, 1849 LIABILITIES. X s. d .. 1,132,724 0 0 Works, land, stations, permanent materials and Electric Telegraph • • • • • • • • • • Lo :omotive engines and carrying stock for new lines • • • • • Interest on No 3 and No. 4 Shares • • • • • • Mortgage debt falling due from the year 1849 to to the year 1856 .. • • • • •• Accounts in dispute of contrac tors, engineers, surveyors, and solicitors, and which are pre ferred to arbritation and to be 108,900 0 0 205,016 6 6 . 1,201,227 0 0 taxed .. •• 196,800 0 0 Amount invested in South-Eastern Railway shares to meet the above 133,054 0 OJ £2,647,867 6 6 £104,747 18 0 14,810 5 1 125,160 0 0 732,657 0 0 141,760 0 0 340,000 0 0 9 31,325 0 0 353,050 0 0 253,370 0 0 0 0 GO C 4 l 0 0 0 •-• C . 4 0 00 . CA .1. - •tr • • • o p o o • a ~~ N : i .0 74 , 43 • : N •r div , • Lo„ : ga 4 cm", CO V, —4 ...; id el 4 at aS id . • . • o 0000.4. • " • o 0 0 0 o C4l 0 CI 0 0 O co . 5 c 0 oga o— 7 h. v v co ..-- . . . . pd.., 1111• 11. ° 2, . 7- . 2 ',i t; ..... .5J ~,-.E2EMmf gwo • a .. 0 ... 0 . . .., ...41 Bv „ , 1 .. g• 1.-..gm,E.toV 4 g ii6cs66st4ttg. '''"XETAW A A 11) - AgA '6bBl '4[ •ifor ‘snaluilay o2ppq-uopuol ',Newlin tualsrea-tnitos E TR GEN O ER P A O L L LT I F COU NTIES SOCIETY, AND T E A A SSURANCE 27, REGENT STREET, WATERLOO-PLACE, LONDON. INCORPORATED PURSUANT TO ACT OF PARLIAMENT. TRUSTEES. Spencer H. Walpole, Esq., M.P. I Richard Spooner, Esq., M.P. Henry Peter Fuller, Esq. I Edward Vausittart Neale, Esq. DIRECTORS. • Samucl Driver, Esq., Whitehall. Henry Peter Fuller, Esq., Piccadilly. " John Palk Griffin, Esq., Ironmonger-lane, Cheapside. Capt. Hon. G. F. Hotham, RN., United Service Club, and Brighton. Edward Legh, Esq., the Limes, Lewisham, Kent. Edward Lomax, Esq., St. John's-wood-park. Samuel Miller, Esq., Lincoln's-inn. E. Vansittart Neale, Esq., South Audley-street. Sir Thomas Newby Reeve, Richmond, Surrey. William Studley, Esq., Brixton, Surrey. William A. S. Westoby, Esq., Hyde-park•place. The LIFE ASSURANCE DEPARTMENT of the Society em braces:— Assurances upon single or joint lives, contingent survivorship, or the survivor of two or more lives. Endowments of widows and children. Immediate, deferred, and survivorship annuities. The payment of fixed sums to the assured at any specific age, or to their re resentatives in case ofdeath before that age. Premiums may be paid yearly, half-yearly, or quarterly, or upon he half premium plan for the first five years. Loans granted on an entirely new principle. RAILWAY ASSURANCE DEPARTMENT. All persons, of whatever class, travelling by Railway in Great Britain and Ireland, assured in the event of loss of life by accident whilst so travelling, at the moderate premium of 10s. per cent., in one single payment, for the whole period of life. ExAnter.s.—A person may by one single payment of 5/. assure to his family er others the sum of 1,0001., to be paid in the event of his losing his life by railway travelling in Great Britain or Ireland. F. FERGUSON CAMEO UX, Manager. T HE LONDON INDISPUTABLE LIFE POLICY COMPANY. INCORPORATED BY ACT OF PARLIAMENT. Upon the Principle of Mutual Life Assurance, the Whole Profits belonging to the Assured. No. 31, LOMBARD-MEET, LONDON. TRUSTEES. J Campbell Renton, Esq., M.P. I Richard Spooner, Esq., M.P. Richard Malins, Esq. I James Fuller Madox, Esq. William Wilberforce, Esq. DIRECTORS. John Hamilton, Esq. James Fuller Madox, Esq. John Matthews, Esq. Charles 0. Parnell, Esq. STATE S'S ROYAL HOTEL. NEWCASTLE-ON-TYNE. CHARLES STATES solicits the patronage and support of Com mercial Gentlemen t the above Hotel, which is most centrally si tuated. The Commercial-iooln will be found one of the most com modious and suitable, and " en suite," the Hotel, in point of accom modation, second to none in the North. TURK'S HEAD •HOTEL, NEWCASTLE-U PON-T Y NE. JOHN BRODIE (late of the King's Head Inn, Darlington', re turns his most grateful thanks to the Nobility and Gentry, and to his numerous Commercial and other Friends for the extensive patronage bestowed u• on him during the las, fifteen years in Darlington,. and begs respeelfally to intimate that he has taken a lease of the aboi+e large and well-known Establishment, upon width he intends to enter on the 2d of February next, and trusts to be favoure-', in this new undertaking, with the patronage which will be his study to deserve. The Tnrk's Head will shortly undergo a completel internal re novation. Darlington, January 16, 1849. NOTICE IS HEREBY GIVEN, that by In denture of Assignment, dated the 25th day of November, 1848, Ell M 4. BOARD, of the City of Bristol, Widow, and Adminis tratrix of John Board, late of the same city, Licensed Victualler, de ceased, duly assigned all the estate and effects of the said John Board, deceased, then vested in her as such Administratrix as afore said; and also the effects of her. the said Emma Board, in her own right, unto Philip George, the younger, of the City, of Bristol, afore said, Porter Brewer, and Charles Tdvey, of the same city, Wine-me• chant, upon trust, for the benefit, of all the Creditors of the said John Board, deceased , and that the said Indenture of Assignment was executed by the said Emma Board, and al.° by the said Philip George, the younger, and Ch ar l es Tovey. on th e sa id 25th day of No vember, 1848, in the pre sence of, and atteste d by, H e nry Gillard, of the City of Bristol afore sa id , Solicitor. GILLARD and FLOOR, Solicitors, January 23, 1E49. It B. SANDERS, 1, New-inn, London, Agent for Messrs. Gillard and Flook. 20, Bridge-street, Bristol, TO CARRIERS AND OTHERS. TO be DISPOSED OF, with immediate pos session, and at a moderate outlay, the BUSINESS and STOCK IN TRADE of an old-established CARRIER, together with the convenient Dwelling-house, Office, and Premises, in the centre of the City of London, where the present Proprietor has for many years past carried on a successful business, and is now retiring from trade. Fog further particulars apply to Messrs. Watson, Broughton, and Son, solicitors, 5, Falcon-square. CALIFORNIA FREE PASSAGE vv EMIGRATION ASSOCIATION. 100,000 Members, paying 11. each. Members elected to be provided with free passage, an outfit, in cludinrmaintenance for one month after arrival out, and working implements. Every Member will eventually go out. Prospectuses, with full particulars, at the Office. Application by letter, to include postage stamp. Post-office Orders made payable to James Fleming, at the Post-office, London, and en closed to the Offices, 50, Leadenhall street. LONDON and NORTH-WES TERN Notice is hereby given, that the Fe bruary Half yearly General L ituLWAL Meeting of the Proprietors of the London and North-Western Rail way Company will be held at the Euston Hotel, Euston-place, Lon don, on FRIDAY, the 16th day of February next. The Chair to be taken at Twelve o'clock precisely. At which Meeting it is proposed ,to consolidate into Stock the 101. Shares A and B of the late Manchester and Birmingham Railway - ; and such of the 201. Shares of the late London and Birmingham Railway ; and 401. Shares of the late Grand Junction Railway as have been paid up in full. GEORGE CARR GLYNN, C. E. STEWART, 1 Chairman of the Bo ar d of D i rectors. CHARLES LAWRENCE, Depu ty-Chairman of the Bo ar d of D i rectors. H. BOOTH, Secretaries. Office, Euston Station, January 22. 1849. RAVESEND via BLACKWALL RAIL. WAY, and STAR and BLACKWALL PACKETS. Railway and Boat included in one Payment. Fares, to or from London. Fore Cabin and Second Class Railway, ONE SHILLING ; Saloon and First Class ditto, OgE SHILLING and SIXPENCE. To or from Blackwell or intermediate Piers, Saloon • . • • .. le, Fore Cabin...• •• •. 9d. No other Packets call at the Grays or Greenhlthe Piers. FROM TERRACE_P!PIC• GRAVESEND. * 11% f 2 and 5 Week Days, at 8,8% , • Sundays, at 8%, 11%, 1,2%, an. •'• FROM BRUNSWICK WHARF, BLACKWiLL. Week Days, at 9%, 11. 12, 1 % , 3, 4, and 5. Sundays, at 95¢, The TRAINS starting one quarter of an hour before each of these times. Passages marked * aro run di rect, the P ackets not being il, 1%, 3%, and 5 . per mitted to stop at Piers or for Boats. Omnibuses from Fenchurch-street Station to all parts of London every quarter of an hour. • BOAT TICKETS.—TweIve Months, 41. 4s. ; Six Months, 21. 15s. ; Three Months, 11. -15 s. ; to be had of the Collectors on board the packets ; Mr. Monk, Terrace Pier, Gravesend ; or of Mr. Saunders, Brunswick Wharf, Blackwell. Passengers' Luggage conveyed to and from the Packets and Rail way, at Use Brunswick-wharf, without any charge. The charge for Porterage at Fenehurch-street is Id. for small parcels, and 2d. for large parcels. November 7. 1848. • AMENDED CONDITIONS. D ONCASTER GRAND NATIONAL STEEPLE CHASES, &c. FRIDAY, MARCH 16. 1849, Two STEEPLE CHASES, One HURDLE RACE, and Two FLAT RACES, Open to all the World. The Grand National Steeple Chase Handicap of 20 Sovs. each, 10 ft., and 5 only if declared on or before the 20th of February, with 100 added. The second horse to save his stake, and the winner to pay 15 sovs. towards expenses. Winners from the time of declaring the weights, once 61bs., twice or more 101bs. extra. To be handicapped by Mr. E. W. Topham, Chester. About four miles. The line of country is only one mile from the town, and will be over grass land only. To close and name on the 27th of January,' to Edward Nicholson, Esq., at the Woolpack Hotel, Doncaster, or Mr. G. J. Birley, Clerk of the Course. For further particulars see " Bell's Life," or " Sunday Times," January 21st, 1849. Date Title of Act. of Royal Purpose. Shares. Loan. Assent. £ £ Main Line- 1,400,000 450,000 6 Will. IV. c, 75 21 June, 1836 London to Folkestone 5 Vic. c. 3 22,Apri1,1842 and Dover 800,006 266,600 c London- 7 3 & 4 Vic. c. 122 10 Aug. 1840 Ebridgestation j 90,000 30,000 Extension into Dover 6 & 7 Vic. c. 51 27 June, 1843 and Dover 200,000 66,600 Terminus c Maidstone 1 6 & 7 Vie. c. 52 27 June ,- 1843 1 Branch j 112,000 37,300 Bricklayers' 6 & 7 Vic. 62 4 July, 1843 1 A a n d rms St a t Branchion 133,333 44,444 Canterbury, Ramsgate, 7 Vic. c. 25 23 May, 1844 and Margate 400,000 133,000 Branch .. Folkestone 7 Vic. c. 69 4 July, 1844 / Branch, Har- 200,000 66,80 0 b0ur, &c. .. r Tunbridge 1 8 &9 Vic. c. 167 31 July, 1845 1. Wellsßranchi 180,000 60,000 IWidening 1 and Exten sion of the 85,000 56,666 8 & 9 Vic. c. 168 31 July, 1845 1 Gravesend I and Roches- I` ter Line • • 142,700 47,566 1 the Green'-Widening of i 8 & 9 Vic. c. 186 4 Aug. 1845 wichßallway 8 & 9 Vie. c. 197 8 A ug . 1 845 { i lin a rtr ra a n n e fi t 1 187,000 62,300 Ashford,Rye, ilaitings,and 8 & 9 Vic. c. 200 8 A ug. 1845 St. Leonard's 410,000 136,000 1 Branch .... Rye and Rye i . 9 Vic. c. 55 18 June,lB46 Harbour 20,000 6,600 Bra .. rA.shford, Lo-1 cometive 1 / at n a e ti r o a r l i r ur d . 9 VIC. C. 56 18 June, 1846 500,000 266,000 poses .. .. .. Tunbridge Wells and 9 Vic. c. 64 18 June, 1846 Hastings 640,000 213,300 Branch North Kent Line 1,000,000 833,000 9 &10Vic. e. 305 3 Aug. 1846 r Greenwich, - 1 North Kent, I 10&11V.c.104 2Jaly, 1847 and Brick- } 55,000 18,300 Arms I June. Line .. J London bridge Sta tion En • . 10& 11 V.c. 230 22..Ju1y, 1847 a l n a d r g i e u m r t e h n e t r 200,000 66,666 Widening of the Green wichßailway - 6,755,033 2,360,342 6,755,033 X 9,115,375 CLERICAL, MEDICAL, AND GENERAL LIFE ASSURANCE SOCIETY. INVALID LIS. In addition to the Assurance VZ of Healthy Lives, this So ciety, early in the year 1824, originated the plan of granting. Policies on the Lives of Persons more or less deviating from the standard of health. Having issued one-fourth of the whole number of Policies on Lives of that description, the Board have recently caused a careful investigation into this branch of the business to be made. The result of this investigation has proved highly sati.factory as to the past, and encouraging for the future. The data derived from long experience n this class of cases, and exclusively available by this Society, en able the Directors to state with confidence their conviction that the system now adopted by them for Assuring Invalid Lives is as safe and beneficial as that upon which the scale for Healthy Lives is con structed. BONUSES. The Two First Divisions averaged 221. per cent. on the Premiums Paid. The Third, 281. per cent. The FOURTH Bonus, declared January, 1847, averaged rather more than 361. per cent. ; and from the large amount of Profit reserved for future appropriation, and other causes, the Bonuses hereafter are expected to exceed that amount. The Balance Sheets of this Society (containing every item of Re ceipt and Expenditure) are at all times open for the inspection of any of the Assured. Tables of Rates and the last Report can be obtained of GEO. H. PINCKARDtree , Actuary, No. 99, Great Russell-st, Bloomsbury, London. Or of any of the Society's Agents. THE ATRAPILATORY, or LIQUID HAIR DYE ; the only dye that really answers for all colours, and does not require re-doing but as the hair grows, as it never fades or acquires that unnatural red or purple tint common to all other dyes. ROSS and SONS can, with the greatest confidence, recommend the above dye as infallible, and ladies or gentlemen requiring it are re quested, if convenient, to have it done the first time at their esta blishment; which will enable them to use it afterwards without the chance of failure. They think it necessary to add, that by attending strictly to the instructions given with the dye, numerous parties have succeeded equally well without coming to, them. --- Address, ROSS and SONS, 119 and 120, 131;17opsgate-street, London. B,—Statement showing the Amon] on the Main Line and Braache: cember, 1848. Name. Main line and Bricklayers' Arms Branch •..••••••• • • • • • • • • • North Kent, Greenwich Branch widening, and London Station division and enlargement .. • • Folkestone Branch, harbour, coke works, &e. • • ... • • • • • • • L oeo metive department and carrying stock • ..... • • .. Maidstone Branch •. • • • Canterbury, Ramsgate, and Mar gate, Whitstable, and Minster and Deal Branches .... • • • • • • Ashford Station, and Ashford and Hastings, St. Leonard's, and Rye Branch .... •• • • • • • • Tunbridge and Tunbridge Wells and Hastings Branch, and Branch towards Rye •• • • .. • • Expended io.llee. 31, 1848. 3,385,188 1,930,3271 174,6561 553,212 187,715 809,958 425,151 424,325 1X7,8 0,532 38,200, 457,0941 11,5001 108,900 1,500 7,8001 330,1301 236,500 1Z1,241,624 Less surplus land and property... . • • • • . To be ex pended to Total. complete. X 3,423,388 2,387,421 186,156 662,112 189,215 817,758 755,281 710,825 ,X 9,132,156 Interest to be paid to proprietors. • 205,106 Lost on issue of original shares.. •.• • • • .... 244,504 Amount invested to meet disputed accounts 138,054 £9,719,730 253,370 Ultimate capital ..... £9,4G6,360 at Expended and to be Expended 4 and ultimate Capital, 31st De- YEBROWS, MOUSTACHIOS, and WHIS KERS produced in a few weeks, and Baldness removed and prevented by the use of GRIMSTONE'S AROMATIC REGENE RATOR, an essential spirit, drawn from aromatic herbs and flowers, a few drops of which cure headache in a few minutes ; it is also a asset delightful, fragrant toilet perfume. Sold only in triangular bottles, protected by the Government stamp, at 4s. ; double the size, 75.; and double this size, lls. each ; enclosed in a Pamphlet, con taining testimonials of undoubted authority, entitled " Three Minutes' Advice on tke Growth and Preservation of the Human Hair, itc." 13y post, 4s. 6d., 7s. 8d„ and 125., for money orders only. Sold wholesale only at Grimstone's Iferbary, Highgate, near London ; and by Messrs. Barclay and Son, Farringdon-street ; Sanger, Oxford-street; Messrs. Bletler and oo.,Cheapside Fisher and Toiler, Conduit-street; Mr. Johnston, medicine warehouse, 68, Comhill • and by all Chemists, Perfumers, and others For Edinburgh, J. and R. Raimes, Leith-walk ;:for Manchester, eresshe and Son, Adver deer-office. TO THE LADIES. This lady had the following letter inserted in the "Times" news_ paper on Aug. 7,1546. Reader, remember, this letter was put Int the paper by the lady herself, as a testimony to me. " Mrs. Weekley, of No. 3. Swan-street, Borough, takes this 'ppm , - tunity of publicly thanking Mr. W. Grimstone, of the Herbary, High gate for the efficacy of his Aromatic Regenerator , in having com pletely restored the hair en her head, after using itabout four months, and the whole of her hair's much stronger And more luxuriant than I ever was before the baldness appeared. " Mrs. Weekley inserts this testimony to:the virtues of Mr. G.'s Etegenator, feeling assured that many ladies would gladly purchase an 11 s. bottle if they were as certain of its virtues as she is, from ex perience, not only in the restoration and production of hair in abund ince, but as a cure of nervous headache; as a toilet perfumeiti far beyond any to her taste. She will feel a pleasure in answering any lady of respectability to the above fact..-3, Swan-street, Borough." In eases of the hair becoming thin, weak, or turning grey, afe w drops on the crown of the head occasionally. every week, will pre vent the hair from coming away with the comb, mare it strong, and prevent it turning grey, rendering the hair luxuriant and curly. A %vr drops en your hairbrush before brushing the hair, will give the hair brilliancy, causing it to curl. The most delicate ladies may use this delightful product of the most aromatic herbs and flowers with confidence ; its refreshing odour removes headache and makes it a most necessary companion te the toilet. In cases et nevous headache, pour ten or twelve drops on the erown of the head; if very bad, repeat it every quarter of an hour. In most cases relief is certain in ten minutes. It produces hair ou ehildren's heads in a few appplications. If lased on infants' heads, ft has such a peculiar cooling influence on the brain as to pre vent convulsions, as well as promoting the growth of hair.—See , araphlet of testimonials. Allletters addressed to William Grinastene, Herbary, Highgate. to be admired. The Dia mond Lamp P UBLIC NOTICE.-EIGHT NEW LIGHTS. —The only good Li g ht s i n the wor ld —they only need knowing is the only Light that really gives satisfaction, its equal is unknown ; Its superior will never come.—The Vertical Diamond Lamp surpasses the Carcel Lamp of France in every respect.—Th e Pearl C a ndle Lamp with detached cup, &c., is worth a hundred o th er C an dle Lumps.—To sell the ordi nary Candle Lamps is now impossible.—The public have long enough been pestered with such rubbish.--The Star, the Golden, the Glass, the Ring and the Reflecting Gas B urne rs surpass all others beyond comparison. The Metropolitan Light Company her Majesty's dead nions with Light The whole of the New Li g ht s are cons t a ntly burning at the Com pany's Establishment, 447, West st ran d, RICHARD CLARK, Resi dent Manager. supply.—The rAVMS'S CANDLES, sd. and sid. per lb. ; Waxed-wick Moulds, 63¢ d. ; Composite, 8%d., 10d., and 10 %d; Wax Candles, Is. ; German W ax Is. 2d. ; Fine wax, 15. s d. ; Transparent Wax, Is. 9d. ; B est Was 2s. Id. ; Sperm Candles , Is. 6d. and Is. '7d. Metallic, Ncl. and Ne d.; Mottled Soap, 60s. and G4s. per 112Ibs. ; Yellow, 485., 545., and 60s. ; Windsor Soap, Is. 4d. per packet; Browa Windsor, Is. 9d.; Rose, 25.; Almond, 2s. 6d.; Sealing Wax, 4s. 6d.psr lb. ; Sperm 011, 7s. 6d. per galloe ; Solar 38.3d. ' Seal, 45 .; Argand, or Vegetable, 4s. ad. For Cash—At DA.VIES'S Old Established Warehouse. 63, St. Martin's-lane. 1 sport or Grocers' and 011-shop Goods at lower prices. 110! FOR "CAL IFORNIA! As thousands are off to the regions of gold, To dig up their fortunes —or so we are told, We cannot do better —we would not do less Than Than wish them sincerely triumphant success. But still there are others at home, and we trust They will meet speculations more safe than gold d us t. In London there's money profuse to be made, , If you study the shops now devoted t o t rade• You u i i m v a A y M s ' a S ve al h on al e f , y 3 o 6 u , rGgraolcde,chwiurtoh pha-sptrreoevt,c complete ; For his wonderful Clothing has gained such renown, 'Tis the cheapest and best you will find in the town ; Whilst for Mats and for Caps, Shirts, Collars, and Hose, The lowest in point of small profits he goes. " in style, East" He's the " West-end but the "in his price— Thus the wishes of all he can nobly suffice. LIST OF PRICES. READY MADE. £ s. d. Chesterfield Overcoats •• • • ••• • .. •.. ....from 0 10 0 Albert Cipes, new style • • .. • • „ ~......... 1 1 0 Parisian Sacs. •••••••""••• • • • " • • • • • • .... 1 5 0 Devon Driving Capes, waterproof.. „ „ .... 2 2 0 The Improved I'aletot, en extensive assortment 1 5 0 Palandran Walking Coats . • • .., ............ 0 17 0 The Reeistered Shooting.... •• .. ***** ••••• •• 0 16 0 Dress Coats...• ***** ''•••—••'•• • • • • • • • • • • • 0 19 0 Frock .. .. ——•••• •• ' • ***** •• •• ••••• • • •• 1 1 0 Thibet Vests •••••" • " ' ***** • • ****** ••• • • • 0 2 0 Black Satin.• .• • • ****** • ***** '•••••• • • • • • • • 0 6 6 White Marcella, for dress.. • • • • • . „.......... 0 5 6 Tweed Trousers.. •••••••••• '' •• • • • • • • • .... 0 6 6 Fancy Doe .... ******* '• •• '• '• •• •• •• .. •• .. 0 9 0 81ack.... •••• • • .• 0 10 0 Tunic and Hussar Suits • • • • • ............... 1 1 0 `Pinter Blouses . • 0 4 6 MADE TO MEASURE. Superior Paletots • • • • • • • • • • • • . • ~ .... .. from 1 10 0 Driving Coats... 2 2 II Double-milled superfine • Overcoats, of every style, beautifully made and trim Med........ 2 0 0 Dress Coats.• ••—•••••••••• ** • • • • • • • • • . fkom 1 10 0 Surtout.. • • • 112 0 Doeskin Trousers, any colour. „............. _ 15 0 Black Dress Do. .• •• •• • • • • , , .......... .. u 0 18 0 The most beautiful and newest design in Vests 0 9 6 Boys' Hussar Suits ••••• • .„ „ .............. 1 1 0 Tunic— ••""••• • •• •• • ***** •- ••••• • • • • ... I 5 0 An immense variety of Mourning, of every description, kept con stantly on hand. Hats, Caps, and Hosiery at proportionately low prices. A single trial will be sufficient to convince any individual of the benefit they will derive from patronising L . HyAhr, Proprietor of the Pantechnetheeft• 36, Gracechurch-street, London. No business transacted on Saturday until the Evening. ,_, rA ,;-Te carl JANUARY 23, 1849. PUBLICA TIONS. NEW NOVEL. • , . , . . Now ready, and to be had at all the Libraries, lu 3 vols. post SVO., T :n'E.:--V'E T• H L A N. A Cornish' Story. By WILLIAM DAVY WATSON, Esq., - - • Barrister-at-Law. " Nervoudy, compactly, and piet uresque ly Wr ltten,lnstinct with a certain gloomy natural power, which makes fiction read like truth Trevethlan is a novel whielkf n aselnates the reader; who will find in the narrative a strong, conuous, and well-sustained interest."— Morning Chronicle. ' -r: ^ : - • . • • • . . pik Also, JANE EYRE. By .CIAlktR BELL. Third Dlition . , 3 vols post Bvo. London: Striitli t lider, and Co., 65, (loran' • PRESTINifitinATE OF ITALY. Just ready, In 2 rills. post Bvo., price Oue Guinea, A GLANCE at kEVoLU'rIONIZED ITALY. By CHARLES MACFARLANE. London 7 Smith, Elder, and Co., 65, Cornhill. Who have just published, AUSTRIA. By EDWARD I'. THOMPSON, Esq. 1 vol. post Svo.. 12s. cloth. Just published, price 55., Bvo., in cloth, THE RATIONAL TREATMENT of STRIC TURES of the URETHRA, in all their varieties and compli cations. With practical observatiOns on the use and abuse of instnt• ments in the - treatment of urethral diseases, showing that the unne cessary employment of instruments is a, frequent exciting cause of stricture, and that a want of practical knowledge and manual dex terity in their use, when necessary, is the soiree of most of the se vere, long-protracted, and complicated cases of that disorder so fa tally prevalent. FIANWE LL • COLLEGIATE SCHOOL, Principal—Rev. J. A. RMERTON, D.D. Twelve Years Curate of Hanwell. • " We, the undersigned inhabitants of Hanwell, having heard with the utmost regret that the rectorship of this parish has not been con ferred oh you, feel imperatively called upon to offer you the expression of our deep sympathy and respect. We acutely feel the circumstance --we deplore it—we share the disappointment."—Address of the Pa rishiomers. Vacation closes the 23l instant. Prospectuses, with full parti .ulars, on application. T HE ROYAL POLYTECHNIC INSTITUTION, REGENT-STREET. A View in the Gold District of California is just aided to the New Series of Dissolving Views.—Lectures on the Cultivation of the Voice, and on the Art of Singing, by G. Clifford, Esq., Illustrated with a variety of Sop, on Tuesday, Thursday, and Saturday, at a Q :after to Tnree o'clock, and on the alternate Evenings, at Eight.— On the Electric Light, by Dr. Bachhoffner on Tuesday, Thursday, and Saturday Evenings.—On Chemistry, by Dr. Ryan, with brilliant Experiments, daily, and on the alternate Evenings.—Childe's Phan tasmagoria, with new effects, Monday, Wednesday, and Friday, at a Quarter to Three, and on the alternate Evenings.—New Chromatrope. —Microscope.—Diver and Diving-bell.—Working Models explained. —The Music is directed by Dr. Walls. Open daily from Eleven to Five ; and in the Evenings (including Saturday) from Seven till Half--past Ten. Admission, la.—Schools, Half-price.—The New Catalegne, is. KEATING'S COUGH LOZENGES. A certain remedy for disorders of the pulmonary organs—in difficulty of breathing—in redundency of phlegm-4n incipient con sumption (of which cough is the most positive indication) they are of unerring efficacy. In asthma, and in winter cough, they have never been known to fail. Prepared and sold in boxes, ls. 1%c1., and tins, 2s. 9d., 4s. 6d., and 10s. 64. each, by THOMAS KEATING, Chemist, &c., No. 79, St. Paul's churchyard, London. IMPORTANT TESTIMONIAL. Copy of a Letter from Colonel Hawker, the well-known Author on " Guns and Shooting." " Longparish House, near Whitchurch, Hants., October 21, 1846. " Sir,—l cannot resist informing you of the extraordinary effect that I have experienced by taking only a few of your lozenges. I had a cough for several weeks that defied all that had been pre scribed for me, and yet I got completely rid of it by taking about half a small box of your lozenges, which I find are the only ones that re lieve the cough without deranging the stomach or digestive organs. " I am, Sir, your humble servant, " P. HAWKER. " To Mr. Keating, 79, St. Paul's Churchyard." A A R 1 A G E. One half the wend are desolately single, and the other supposing them married, questionably contented. Diffidence, or a 3:nse of right determine the former, and miscalculated hopes em 4:tter the latter. The solitary one may shield himself under the plea of caution and worldly prudence, and the indissoluble, regret un oomprosing hurry ; but the truth lies deeper. Physical incapacity, and broken health, are the great hindrances to domestic happiness tnd social content. The dowry should net be the only marriage set dement. Honour and justice demand that health should form an item in the compact ; it alone dignifies the alliance. Blighted hopes er neglect wound more sorely than poverty er misfortune. Reader, if these surmises concern you, procure Dr. CULVERWRLL'S little MEMOIRS "On Single and Married Life," pub. in 2 vols., Is. each (by post, in stamps, Is. 6d. each). Let no imaginatively refined, or prudish feeling deter you, by their titles, nor be hindered ny mieinterpretation of their supposed contents, from obtaining Lbere. They are not intended certainly for mere idle curiosity, bat f..r the closet perusal of those mere deeply interested, to whom they are offered as antagonistic to the empyrical trash put forth en the above subjects, by unqualified authors, which alone or together, are a disgrace to the age. Furthermore. two other ittle publications claim your attention (same price Is. each, by post is. 6d.) called " What to Eat, Dri4, and &void," and " How to be Happy." They are not merely p ~ zriphlets, but equal in quantity a library volume, nor are they the mere ephemeral scribblings of the hour, but the study of the author's life, who owes his present existence, health, and position to this ob servance of the maxims he would inculcate—to do unto others as he would be done unto—to live atter nature's laws—and to keep always 311 the "sunny side of the way." The above works may be had of , herwood, 23, Paterncster-row ; Carvalho, 147, Fleet-street • Maim, 19, Cornhill ; Nelson, 457, West Strand ; or direct (by post or other wee) from the author (who may be conferred will personally, mornings and evenings), 10. Argyll-place Recent-street; aad all Illustrated by 26 Anatomical Coloured Engravings on Steel. ON PHYSICAL DISQUALICATIONS, GENEIt ATIVE INCAPA CITY, AND IMPEDIMENTS TO MARRIAGE. Sew 'Edition, enlarged to 196 pages. Just pablished, price 2s. 6d., or by post, direct from the Establishme n t, 3 5 . 61. in postage stamps, THE SILENT FRIEND, a Medical Work on the infirmities and decay of the generative system, from ex ,e,sive indulgence, infection, and the inordinate use of mercury, with remarks on Marriage, and the means of obviating certain dis lualifications. Illustrated by 26 Coloured Engravings. By R. and L. PERRY and CO., Consulting Surgeons, 19, Berners-street, Ox ford-street, London. Published by the Authors : seld by Strange, 21, Paternoster-row Hannay, 63, and Sanger, 150, OxfOrd-street ; Starie,23, Titchborne-street, Haymarket; and Gordon, 146, Leaden hall-street. PART I. treats of the anatomy and physiology of the re-productive organs, and is illustrated by Six Coloured Engravings. PART 11. treats of the consequences resulting from excessivoindul gence, and their lamentable effects on the system, producing mental and bodily weakness, nervous excitement, and generative incapacity. Illustrated by Three Explanatory Engravings. l'aier 111. treats of the diseases resulting from infection, either in the primary or secondary form, and contains explicit directions for their treatment. This section is illustrated by Seventeen Coloured Engravings. 11.11.1. IV. contains a Prescription for the Prevention of Disease by a simple application, by which the danger of infection is ob viate& This important part of the Work should not escape the eader's notice. PAW,: V. is devoted to the consideration of marriage, and its duties. The canoes of unproductive union are also considered, and the whole subject critically and philosophically inquired into. TIIECORDIAL BALM OF SYRIACTIM is exclusively employed in treat ing nervous and sexual debility, impotence, &c., Its. and 335. per bottle. The Concentrated Detersive Essence, as anti-syphilitic remedy, for purifying the blood in cases of infectiou, secondary symp toms, eruptions, and the abuse of mercury, I Is. and 335, per bottle. Perry'v Purifying Specific Pills, 2s. 9d., 4s. fid., and I Is. per box, a eertaiu remedy for gonorrhea, sleet, stricture, and chronic intlarnma ton of the bladder. Consultation fee, if by letter, 1/. A minute retail of the case is required : age, habits, and position is society. Cs. Packets, with advice, to be had at the Establishment only, by which the fee, , 1., is saved. Messrs. Perry, Surgeons, are in atten dance daily at 19, Ttertters-street, Oxford-street, London, from vir- VQII till Two, and Five to Eight ; on Sundays from Eleven to One. REMOVED TO 37, BEDFORD-SQUARE. DR. LAIIERT ON THE SECRET INFIRMITIES OF YOUTH AND MATURITY.-WITII 40 COLOURED ENGRAVINGS ON STEEL. Just published, and may be had in French or English, in a Sealed Envelope, 2s. ild„ or post-free, from the author, lor forty-two Stamps, SELF - PRESERVATION; a Medical Treatise on the Physiology of Marriage, Infelicitous and Unproductive Unions, and the Secret Infirmities and Disorders of Youth and Ma turity, usually acquired at an early period of life, which enervate the physical and mental powers, diminish and enfeeble the natural feelings, and exhaust the vital energies of Manhood ; with Practical Observations on the Treatment of Nervous Debilii7 and Indigestion, whether arising from these causes, close study, or the influence of tropical climates: Local and Constitutional Weakness, Syphilis, Stricture, and all Diseases and Derangements resulting irons Ind's cretiox. With Forty coloured Engravings, illustrating the Anatomy, Physiology, and Diseases of the Reproductive Organs, explaining their stractui es, uses, and functions, and the various injuries that are produced in them by solitary habits, excesses, and infection. BY SAMUEL LA'MERT, M.D., 37, BEDFORD-SQUARE, LONDON. Doctor of Medicine. Matriculated Member of the University of Edin burgh, Licentiate of Apothecaries' Hall, London, Honorary Member of the London Hospital Medical Society, &c. Marriage requires the fulfilment of several conditions, in order that It may be really the cause of mutual happiness. Could the veil, which covers the origin of domestic wretchedness, he raised, and its true source in every instance disclosed, in how many could it be traced to physical disqualifications and their attendant disap pointments. Excesses are always injurious ; the gift, which when used in moderation is fraught with advantage, becomes, when abused, the prolific source of mischief and of greater or less Injury to the constitutional and vital powers. The particular excesses, on the nature and consequence of which this Treatise professes to dilate, a re productive of greeter severity of misery to the human frame, than any other to which it is subject. This work contains an accurate and complete account of the A na tomy and Physiology of the Reproductive Organs, and of their relative conditions in health and disease. It deservedly requires the closest attention and study, for what subject can b e of more importance than the preservation of the health and of the physical capabilities of which every man should be possessed. It unfortunately happens that the unhappy victim of excessive indulgence and vicious habits, whether acquired i n early life or from the follies of advanced age, while suffering troin their invariable consequences, unwisely entertains a fear of ap plying to a qualified physician for relief. Shame and the dread so frequently, but erroneously entertained that these complaints are beyond tho reach of art, alike restrict him and prevent his seeking (or assistance where alone it can be procured. In acting thus, he forgets that accurate discrimination in ascertaining the causes of disease, sympathy with the sufferer, and, above all, secrecy, inva riably characterise the intelligent and practical physician, and to the medical man who can show by his posse,sion of the requisite legal qualifications that he is entitled to esteem and respect in his profes sional pursuits, the utmost confidence should be extended. 1)r. LA'MERT has obtained the highest medical honours, as his diplomas c:ertity, and the great extent of his practice for many years is a ~u arantee for his professional experience, which has reference almost solely to the treatment of these diseases. Published by the Author, and may be had of Kent and Richards, SZ, Paternoster-row; Hannay, 63, Oxford-street; Starie, Tich borne street, Haymarket; Mansell, 115, Fleet•street ; Gordon, 146, Leadenhall-street, London ; or, free by post for forty-two stamps, from the Author, who may be consulted on these disorders personally or by letter, daily, from Tee till Two, and from Five till Eight, 'it his reslderce, 37. Bedford-square, London. THE RUSSELL-COURT GRAvEYARD. --Notwith standing the efforts made by the inhabitants of Russell court, Cross-court, and places adjacent, to obtain the suppression of the above grave-yard, the interments continue as frequent as ever. It was stated a week since, that the Bishop of London, yielding to the uent remonstrances made to him, had promised to issu rg e his monition for the closing of the ground. This promise, however, has not been fulfilled, iu consequence of repre sentations made to him by the persons interested in the nuisance, to the effect that the stench arises not from the dead bodies but from the offal and dirt thrown into the place by persons residing around. This statement is denied most strongly by the neighbours, and it is to be hoped that the truth will be discovered before any more injurious effects shall have been produced. THE UNITED STATES. ARRIVAL OF THE EUROPA. [A summary of the following appeared in a Third Edition of The Sun of yesterday :—] LIVERPOOL, MONDAY. The British and North American royal mail stea, ship Europa, Captain Lott, w ith th e usual. mails from the United States, Canada, &c. &c., and about fifty cabin passengers, arrived here this morning, after a rapid voyage of 114 days from New York, whence she took her departure on the 10th inst., and from Halifax on the 13th. The Europa had a good voyage out, of 15 days, from Liverpool to New York. The steam-ship America, Captain Leitch, hence for Boston, arrived at Halifax on the 10th. The merican steamer Herman, which left Southampton on the 12th ult., arrived at New York on the 7th inst. During the passage she ran out of provisions and fuel, and had to put into Boston on the 4th, to obtain the neressary supplies. The Washington arrived at New York on the Btb, from Southampton, after .a nineteen days' run. The political accounts are not important. Congress has as yet done no business of general in terest, its discussions having been confined to inci dental and merely formal matters. A resolution has been adopted by the House of Representatives, in structing the proper committee to report a Bill abo lishing the slave trade in the district of Columbia. It contained a preamble denouncing, in very strong terms, the general principle involved in slavery, and, of course, created very considerable ex c it emen t. The Southern members of Congress, under the lead of Mr. Calhoun, have held a consultation over this meditated invasion of their rights, and have ap pointed a committ ee to prepare a suitab lel address to the people of the Southern—States. It is understood that Mr. Calhoun is engaged in writing this docu ment, and that he will put forth his utmost strength in an attempt to convince the South it has nothing to hope from the justice or forbearance of the North, and that its safety lies in being prepared and ready to maintain a separate and independent existence. He will not, in this appeal, however, be seconded by a majority of his own Committee, nor can he make any impression upon the people of the south. The movement creates no anxiety, and is rather a topic of ridicule than of serious apprehension. The steamer Europa, which arrived on the 31st ult., brought a copy of the Postal Treaty as concluded by the British authorities and the American Minister in London. It was sent in to the Senate at once, and was immediately ratified by that body. The Europa,' therefore, takes back the treaty, ratified by the Senate, having the full force of law. A Bill has been for some days under discussion in the United States Senate, of which the object is to establish reciprocal free-trade between the United States and Canada. No action has yet been had upon it. It meets with considerable opposition, especially , from the agricultural sections, and is warmly sup ported in other quarters. A similar Bill, intended to effect the same general object has been introduced into the Canadian Provincial Parliament. The Secretary of the Treasury has issued an elabo rate circular in regard to the appraisal of imported goods under the present system of ad valorem duties. Its purpose is to guard against fraudulent valuations. The excitement in regard to the discovery of gold in California continues undiminished. All the ac counts received, official or otherwise, confirm the statements originally made concerning the extent and purity of the deposits, and so far as observed, no counter statements have been received from any quarter. Great numbers have already embarked, orare preparing to do so, for the favoured regions, and among them are very many of the most energetic, intelligent, and respectable of the citizens. The Government, meantime, has taken no steps in the matter. The cholera has entirely disappeared from New York, but has broken out in New Orleans, where it has raged and still rages with intensity. The number of deaths there has reached a hundred per day. Many persons are leaving the city in fear, and business is greatly retarded. The message of the Governor of Pennsylvania was sent in to the Legislature of that state on Monday last. The Postmaster• General had issued an official notice to the public of the ratification of the postal treaty between the United States and Great Britain. It is as follows : THE POSTAL CONVENTION OR TREATY. Convention between her Majesty and the United States of America for the improvement of the communion. tions by post between their respective territories. Signed in London, December 15,1848. RATIFICATIONS EXCHANGED IN LONDON. Her Majesty the Queen of the United Kingdom of Great Britain and Ireland and the United States of America, being desirous to promote the friendly rela tions existing between their respective subjects and ci tizens, by placing the communication by po s t b e t wee n the territories other Britannic Majesty and those of the United States on a more liberal and advantageous foot ing, having resolved to conclude a convention for this purpose, and have named as their plenipotentiaries, that is to say— Her Majesty the Queen of the United Kingdom of Great Britain and Ireland, the Right Hon. Henry John Viscount Palmerston, Baron Temple, a Peer of Ireland, a member of her Britannic Majesty's Most Honourable Privy Council, a Member of Parliament, Knight Grand Cross of the Most Honourable Order of the Bath, and her Britannic Majesty's Principal Secretary of State for Foreign Affairs; And the President of the United States, by and with the advice and consent of the Senate thereof; George Bancroft, a citizen of the United States, their Envoy Extraordinary and Minister Plenipotentiary to her Britanale Majesty; Who, after having communicated to each other their respective full powers found in good and due form, have agreed upon and concluded the following articles : " Art. 1. There shall be charged upon letters not ex ceeding half an ounce in weight, conveye d e i t h er by British" or United States packets, between a port in the United States, a uniform sea-rate df eig h tpence, or six teen cents; and such postage shall belong to the country by which the packet conveying the letters is famished. " Art. 2. There shall be charged by the Post-office of the United Kingdom upon all letters not exceeding halt an ounce in weight, posted in the United Kingdom, and forwarded to the United States, or brought from the United States, and delivered in the United Kingdom, whether such letters shall be conveyed by British or by United States packets, an inland postage-rate of one penny halfpenny. There shall be charged by the Post otlice in the United States upon all letters not exceeding half an ounce in weight, posted in the United States and forwarded to the United Kingdom, or brought from the United Kingdom and delivered in the United States, whether such letters shall ,be conveyed by United States or by British packets, an inland postage•rate of five cents. " Art. 3. Upon all letters posted in one country and delivered in the other, these rates of postage, bosh sea and inland, shall be combined into one,rate, of which payment in advance shall be optional in either country. It shall, however, not be permitted to pay less than the whole combined rate. " Art. 4. With respect to letters above the weight of halt an ounce each country shall be at liberty to em ploy, as regards the collection of the whole combined rate, the scale of progression in operation in its territory for charging inland rate postage. " Art. 5. The United States engage to grant to the United Kingdom the transit, in closed mails, through the territory of the United States, of the correspond ence and newspapers from the United Kingdom to the British North American provinces, and from those pro vinces to the United Kingdom, at the rate of inland postage to be charged under this convention for letters and newspapers between the United Kingdom and the Unitei States. A British officer shall be permitted to accompany the closed mails during their transit. " Art. 6. Ott the other hand, her Britannic Majesty n engages to grant to the United States the transit . i ., closed mails, through the British American propvetnrcteel of the correspondence and newspapers from or to e the rates of inland postage now chargedaccord the territory of the United States, at rates noot7xbc-eehdeirtteg. after charged in the North American provinces,,_ o fficer of the the North American provinces. acc ompany the in; to the distance such mails may A be n conve)ec i closed mails during their transit. further engage towithin grant United States shall be permitted to " Art. 7. The United Stat e es or through any countries transit in closed mails, U t n h i e te d u nited kingdom States,th from o 7 g any other British colony t t o hro t u h g e h iuu iy, and from any the United Kingdom, its t w r f e t i er e e r mthaenpagosetreceoem, emfutnhiecautinointsedmsat)a•tebse,uenfdelie•tttherescaoinla . or f i it C t • ash ! cloy or possession, its colonies or possessions. Art.iga n n ' t 1 country r m u 80. United t i B e t a d r ni Statesn i c t Majestyh e engages, possession to the coloniesnewspapers or p:o r b :s t w e e s a s r a i d o i :U y d s , transitln colonsehdermpaairltsi U n ited fore to grant u f nic the a ti United "ni t h rou gh the United Kingd om, or through any country where s ayi‘., Kingdom, ( u h n m i d , e r 0 t t h con trolloater er t management o and newspapers forwarded from the United States, their colonies or possessions, to any other colony posses sion of the United States, er to foreignor al; from any foreign country, or froainnya in country,essesel sion of the United States, to the United States, colony r es p their colonies or possessions. te " " Art. 9. When letters shall be forwarded in closed mails under the stipulations of Articles 5,6, 7, or 8 of the present Convention, the payment to be made to the Post-office of the United Kingdom or of the United States, as the case may be, shall be made by the ounce, 1 according to the net weight of the letters, at two rates to the ounce, with the addition of 25 fur cent. on 'the amount of postage, to compensate the I.ss that would otherwise be sustained by the mode of computation. " Art. 10. The country which sends or receives closed mails through the other, is to render an account of the letters and newspapers sent or received in such closed mails, and to account to such country for the postage due thereon. "Art. 11. Letters posted in the United States, ad dressed to foreign countries, and intended to pass in transit through the United Kingdom, shall be delivered to the British Post-office free of all United States postage, whether packet or inland, and letters from foreign countries, addressed to the United States, passing in transit through the United kingdom, shall be de livered to the United States Post-office free of all Bri tish postage, whether packet or inland. In the case of those countries to a hich letters cannot be forwarded unless the British postage be paid in advance, such British postage shall be collected in the United States (in addition to the United States rates of postage), and accounted for to the British Post-nffice. In the case of those countries to which letters cannot be forwarded unless the United States postage be paid in advance, such United States postage shall be collected in the United Kingdom, in addition to the British postage, and ac counted fir to the United States Post-office. " Art. 12. The rate of ostage to he taken by tho British Post-office upon letters arriving in the United Kingdom from the United States, either by British or United States packets, and to he forwarded through the United Kingdom to colonies or possessions of the United Kingdom or of the United States, or to foreign coun tries, and vice versa, shall be the same as the rate which is now, or may hereafter be, taken by the British Post office upon letters to or from such colonies or posses sions, or foreign countries respectively, when posted at the port of arrival, or delivered at the port of departure of the packets conveying the mails between the United Kingdom and the United States. The above postage is irrespective of and beyond the inland rate to be taken in the United States upon such letters, if posted or delivered therein, according to the stipulations of Art. 1 of the convention; and also irrespective of and beyond the sea rate upon such letters, payable according to the stipula tions of Art. 1. The rate of postage to be taken by the United States Post-office upon letters arriving in the United States either by British or United States packets from the United Kingdom, and to be forwarded through the United States to the colonies or possessions of the United States or of the United Kingdom, or to those territories which according to the laws of the United States are beyond the limits of their established routes, or to foreign coun tries, and vice versa, shall be the same as the rate which is now or which may hereafter be taken by the United States Post-office upon letters conveyed, whether by sea or land, to or from such colonies, pos sessions, territories, or foreign countries respectively, when posted at the port of arrival or delivered at the port of departure of the packets conveying the mails between the United States and the United Kingdom. The above postage is irrespective of and beyond the in land rate to ba taken in the United Kingdom upon such letters it posted or delivered therein, according to the stipulations of Article 2 of this convention, and also ir respective and beyond the sea rate upon such letters payable according to the stipulations of Article 1. There shall be excepted from the above stipulations letters and newspapers passing through the United Kingdom to and from France as to which certain rates are fixed by the pastel convention existing betwee❑ that country and the United Kingdom. But the two contracting parties agree to invite France to enter into communication with them without loss of time, in order to effect such arrange ments for the conveyance of letters and newspapers and closed mails through the territories of the United King dom, of the United States, and of France, respectively, as may be most conducive to the interests of the three countries. " Art. 13. Letters posted in the United States, ad dressed to the British North American provinces, and vice versa, when not conveyed by sea, shall be charged according to the rates of postage which are now, or which shall hereafter be. in operatio❑ in the United States, and in the British North American provinces for inland letters. " Art. 14. Upon all letters posted in the United States and addressed to the British North American provinces, and vice versa, the rates of postage fixed by the preced ing article shall be combined into one rate, of which p,iyment in advance shall be optional, both in the United States and in the British North American provinces. It shall, however, not be permitted to be less than the whole rate. " Art. 15. The rates to be taken on newspapers pub lished in the United Kingdom, when conveyed between the United Kingdom and the United States, either by British or United States packets, shall be one penny for each newspaper in the United Kingdom, and two cents in the United States. Conversely no higher charges than those above stated shall be made by the British or by the United States Post-office, on newspapers pub lished in the United States, either when dispatched from the country or when delivered in the United Kingdom. There shall be no accounts between the two offices for the transmission of newspapers. Each office shall retain the p,,stage it shall have charged, according to the pre ceding stipulations. " Art. 16. The rate of postage to be charged in the United Kingdom upon newspapers to and from the United States, passing in transit through the United Kingdom, shall be one penny fer each newspaper, ex cept %here a lower rate is provided by any treaty be tween the United Kingdom and a foreign country, and the rate of postage to be charged in the United States on newspapers to and from the United Kingdom, passing in transit through the United States, shall be two cents for each newspaper. " Art. 17... Periodical works, not of daily publications, posted in the United Kingdom or in the United States, may be forwarded from one country to another, either by British or by United States packets, by means of the two offices, under the following conditions, viz.:— st. There shall be no accounts between the two offices for tho transmission of such works; each office shall retain the postage it shall have charged. 2d. They must be sent in bands or covers, open at the sides or end, so that they may be easily exa mined. 3d. They shall be in every respect subject to the conditions prescribed by the laws and regulations of both countries. The rates to be levied in Great Britain. as well on the above-mentioned works addressed to the United States, as well as on those from the United States addressed to Great Britain, shall be as follows: Ist. For every work not exceeding two ounces in weight, one penny. 2d. For every work above two ounces in weight, and not exceeding three ounces, sixpence. 3d. For every work above three ounces in weight, and not exceeding four ounces, eightpence. 4th. And for every ounce above four, up to sixteen ounces (the limits im posed on the transmission of such articles by the British office), twopence additional; every fraction of an ounce being reckoned a full ounce. The rates to be levied by the Post-office of the United States on similar works, addressed to or coming from th e U n i te d S tates , s h a ll not exceed the rates charged in the United Kingdom. " Art. 18. Printed pamphlets, not exceeding the weight of eight ounces, posted in the United Kingdom, in the United States, may be forwarded from oa cou; try to the other, either by British or United States packets, by means of the two offices, at the same rates end under the same conditions as those fixed fur periodi cal w, rli, by Art. 17. " Art. 19. In cons,deration of two cents United States currency not being precisely equivalent to one penny ateriing, the British Post-office shall account to the United States post-office at the rate of four hundred and eighty-four cents to the pound sterling; and the United States Post-office shall account to the British Post-office at the rate of four hundred and eighty cents to the pound sterling. " Art. 20. In case of war between the two nations, the mail packets of the two offices shall continue their navi gation without impediment or molestation, until six weeks after a notification shall have been made on the part of either of the two Governments, and delivered to the other, that the service is to be discontinued, in which case they shall be permitted to return freely, and under especial protection, to their respective ports. " Art. 21. The forms in which the accounts between the respective post-offices, for the transmission and con veyance of letters, are to be made out, the time and mode in which payment shall be made by either Post--office to the other, together with all other measures of detail shall aris ing out of the stipulations of the present conve nt i on be settled between the British Post-office a n office of the United States, as soon as poss i ble a fter the exchange of the ratification of the imentioned mepresen t convention. in the It is agreed that the measures of det ai present article, may' by be modified th e two Post offices, c onsent, whenever, by mutual those o fficess hall be d the Post de- cided that such modificationtwo countries. Post-office service of the present convention is concluded for an would be beneficial to the " Art. 22. The I tca nnot be annulled by either of e xcept after the expiration of a Governments, other Government. year's node© given resen t convention shall be ratified by A r t, 23, The p . and by ,sty, 'tannic — 9 .lt h e President of the her Britannic an d with the advice and i t i t i i d e e t fi w n o i t e period. United States, by consent of and the 'fi • rati cation shall be ex- London within three c h ang ed at . months of the date f shall come into opera ' heree- ban f non as soon as possible after the exc o the ratifications. In witness whereof the respective P lenipotent' • have • dthe same, signed same , and have affixed thereto Done at London the 15th day of Dece • the Senate thereof, December, in the year of our Lord 1848. [L.S.] [L.S.] " PALMERSTON, " GEORGE BANCROFT." "Received 3dePanit.,II,IEB4S9P.OaNNDo.EINOBC.E. " American Legation, London, Dec. 15, 1848. Hon. James Buchanan, Secretary of State. es sent this day by the Eurepa, for ratification, nit Postal d K C i nog' do n tn t , i c e h t eh just h s t e b U e e n n i t e s g S n e t a d t e b s y a m n d y s t e h l f e , and, in the absence of the Postmaster-General, by Lord Palmerston alone. " In negotiating this treaty, I have aimed at a just and fair reciprocity ; the reduction of the sea rates —the abrogation of all discriminating charges what ever ; respect for the existing laws regulating inland postage, and a due regard for facilitating the daily course of manual business in the Post-offices of both countries. " This convention, in its progress, has encountered much opposition in some quarters here. I trust it may meet general approbation at home. " The British Postmaster-General reluctantly con sented to accept the varying inland rates now levied by the laws of the United States within their territory, and to concede the English rates fixed by law. The principle was thus settled. Its application was difficult ; for it gave, for example on a letter from Boston, and conversely one rate, it sent directly from port to port ; another rate if sent by New York to Liverpool, and still another if sent by New York and Southampton. To keep just accounts under so varying rates, would have been difficult. I agreed, therefore, to make an aver ASSETS. Cash at bankers Sundry credits Calls in course of receipt Cal:s to be made • Shares unallotted Share capital not raised Mortgage powers not exercised Mortgage debt not capitalized Surplus laud and property • • • Amount to be raised by authority of Parliament for payment of the put chase-money of the Gravesend and Rochester Railway, and interest thereon • • 3.50,985 3 5 £2,647,867 6 6 sr).,:cai I I'M r in 1.0 ri C I W', r 2 01 I ... 1 . • 0 I rM Ci 0 • 0 or 0, • 2 0 00 ct . t "ii ...i ci U „ I L . : OD C) 0 0o ,I- OD too I ' t Csi 0 1.7 . 1~ 0 . • .1. 4a 0, •-. .6 • • N , 0, . .14 .• .. er ...• ... es • .... „, acs , n o E ti U E e, CI CO CO 0 0 . CO ucr t•I • • • • , 6 «; 1' i ai A, ..c . -- i 0. 4, ,o f, .1 . ; -', - A -1.1. lt, q ' 17 .' • . :2 - Z William Adams, Esq. John Atkins, Esq. John liangerfl€ld, Esq. Robert Henry Forman, Esq. AUDITORS. I Samuel Field, Esq. William Ghrimes Kell, Esq. MEDICAL ADVISER. Benjamin Phillips, Esq., F.R.S. BANKERS. Messrs. Spooner, Attwood, and CO. MANAGER. Alexander Robertson, Esq. The 'POLICIES are INDEFEASIBLE and INDISPUTABLE, the Company being prohibited, by the 84th clause of their Deed of Constitution, which is duly registered in terms of the Act, from dis puting a Policy upon any ground whatever. The Rates of Premium are calculated upon Carlisle mortality, and are as low as a due regard to complete security will justify. HALF PRE MIUM SYSTEM. —By this plan only one-half of the premiums, with interest of the retained halves, is required to be paid for the first five years—the retained halves, being payable at the convenience of the assured, or allowed to continue, to form a deduction from the claim on the Policy ; and as the As surance may be relinquished at any time without payment of the retained premiums, this scheme enables a party to assure for the first five years at little more than half the usual rate, and to discontinue a Policy at about one-half the usual sacrifice. WHOLE WORLD POLICIES are granted, whereby the security of a creditor, holder of a Policy, continues unimpaired, although the assured life should go beyond the prescribed limits. Sums are assured payable to the parties themselves on attaining a specified age, or at their death, whichever shall first occur. PARTNER HIP POLICIES are granted, whereby a joint assurance effected by partners, at the charge of the firm, secures the capital in vested, On the death of either, the survivor is benefited by retain ing the whole capital, and the representatives of the deceased obtain their share without having to wait until it can Ise recovered from outstanding debts. There is no extra charge for residence beyond 35 degrees of the equator. No Admission or Entrance Fees are required, nor is any charge made for the Policy beyond the amount of the Stamp. Claims are payable within three months after proof of the death o the assured life The usual Commission allowed to Solicitors, and also to persons, approved by the Board, who extend the business of Life Assurance in connexion with this Company. George Cumming, Esq. James Turner, Esq. TIC DOLOREUX CURABLE.—TOOTHACHE. JAMES' CELEBRATED ASTILIAN TINC tI FOR THE TIC DOLOREUX, will prove an invaluable medicine to those suffering from this most excruciating and hitherto-considered incurable complaint. A know ledge of its surprising efficacy has induced the proprietors to bring it more extensively before the Public than has hitherto been done, and thus confer a blessing upon thousands now labouring under that distressing malady; the first application not only easing the patient of all pain, but effecting in almost every case, a lasting cure. As a remedy for Toothache, the proprietors can confidently recom mend it as one that cannot be surpassed. This medicine is also a certain specific for Spasms, however violent, especially in the stomach or bowels, and from its perfect freedom from anything of a deleterious character, may be administered under any circumstances with entire safety. Prepared by CARSON and Co., Liverpool, sole Proprietors, and sold wholesale, for them by Barclay and Sons, Edwards, Sutton, and Co., Butler and Harding, T. Sanger, Dietrichsen and Hannay, London; Southall Brothers, Birmingham; I. and It. Raimes and Co., Edinburgh; Bolton, Blanshard, and Co., York; Clay and Har vey, and E. S. Rogers, Liverpool ; and retail by the following Chemists :—Collins, 54, Piccadil ly; -Woolridge, Bath-place, New road; Fisher, Crawford -street ; Holmes, Spring street, Sussex gardens; Emery, Notting-hill; or any respectable Patent Medicine Vendor throughout the kingdom. Price 2s. 9d., 4s. 6d., and in Family Bottles, 1 le. each; By F.. 13. COURTENAY, " The operation of introducing a catheter through an impermeable stricture is, without doubt, the most difficult In the whole range of surgical operations, and demands all the prudence, science, and skill of a master.. The art can only be acquired, and that gradually, by frequent practice."—Listoies Operative Surgery. Published by H. Bailliere, 219, Regent-street ; and may be had of all booksellers in town or country. 9 1,0!! %-(11'. Dir; ;co. Quay . -Cal e a ' rof - Leeuo .s (C ) ' w, 11 ,i oriels" q uota: . h IT ``', lB Sot," 171) G4 .oce° th e ' f 0 .1. ri