The Sun. — London, England, 1849-01-30 00:00:00

It • • • 1 - - 4111111 AOW „,/rOSX • 71/ -44 4 ; 1 41 , 0 ja r 's tv. . • ' , *'; " 0 , ' 4%- ilt ' •. ,• ,• kaki V ; l ilt 4 0 • ,',•*` • r 4-4 ~~~~ N ..-. /-7 //.. ) 'e - .1_ per G3NERAL STATEMENT of the POSITION and PROSPECTS of the SOUTH-EASTERN RAILWAY COMPA'N Y. The Directors proceed, after mature censideration, to present to the proprietors of the South-Eastern Railway a General Statement of ehe position and prospects of the Company. The directors need hardly point out that, in the course of the sta•ement. It will be re quisite for them to base upon estimates the concipsions at which they arrive as to the amotvit that is yet required to be expended on ca pital account, whilst the return of revenue, which that oatlay, corn bitted with the capital already expended, will produce, may, after the views of the directors have been stated, be calculated by each Pr oprietor himself. And although the directors have delayed the publication of the Statement, to ensure the g eatest possible accuracy, and have availed t hemselves 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 has been the good fortune of the corn- PanY to escape the evil effects of competition, imprudent amalgams tions, and a reduction of tolls which would have made the attain 'tent of prosperity barely practicable. For this the company is indebted, not alone to that justice which arliament has, at each successive costly contest, awarded it, or to a series of happy accidents in the rejection and suspension of the Bills it hail prometed, but also to the perseverance with which ag • greselian 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 eampany, passed on the 21st of Jane, 1 836, wherein it was stated that "this railway would be productive Of great public advantage, by opening a certain and expeditions com nlnoieation 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 Perlis- Men tarY contests should have been necessary; although at the seine time it must be acknowledged, taking every surrounding circum. stance into consideration, that in the end these conteste, of which the direotors 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 n°ln3" 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 'rattle by the South-Eastern Railway Company is as follows : . Miles ch. Tice Main Line from London to Folkestone and Dover .. 87 25 he Folkestone Harbour Branch .. • • .. GI 'et:he Bricklayers' Arms-B ranc h •• •• •• •• 156 The Greenwich Line .. 3 GO T he Maidstone Branch .. • „ .. • • • • 977 The Tunbridge and Tunbridge Wells Branch .. 5 22 The Ashford, Canterbury, and Ramsgate Branch • • .. 30 10 Ramsgate and Margate Branch •• .• • • 3 56 fine Minster and Deal Branch • • • • •• „. .. 867 The Canterbury and Whitstable Line • • •• •. 578 :4 ° Gravesend and Rochester Line .. • • .. 15 'leaking 163 miles and 47 chains of railway. This Includes the G reenwich 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 tight 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, ov er the si x m il es o f 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 e _ be well to call to mind the relation of the different capitals to 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 4n/is of the resolutions passed by the proprietors on the 11th of Pteniber, 1845, no dividend is payable in respect of any of the new shares then created, viz., the No. 3 Shares, until six months after the ul3' to which a dividend has been declared on the then existing stareshetes Of the company, next following the opening for traffic of the in point of execution of the following lines of railway and a Wore- t „ e _r authorised by the several Acts passed during the p recedin g eese. on of Parliament, viz. : Branch Railway from Tnnbridge to Tunbridge Wells. he Braech Railway from Minster to Deal, and Extension of the - fe!e • terb orY, Ramsgate, and Margate Railway. T he Branch Railway from Ashford to Hastings , a n d uThe widening of the London and Greenwich Railway. tia ttid all profits accruing from any of the new lines wholly or par te,7 oPened before such day, are divisible among the proprietors of e then existing shares. lso da t y hat no dividend is payable in respect of any c2f the new 1-7, 4 ree the►also created, viz., the No. 4 Shares, mull six months L 81 ; 11'1 1: to which a dividend has been declared on the then ex erleg shares of the company, next following the opening for traffic ee the latest in point of execution of the following new lines of rail ay 'works, viz.: -- ena, e railway tram the London and Greenwich Railway to Graves- The railway from Tunbridge Wells to Hastings, t o The railway f rom th e town of Rye to Rye Harbour, and additional station at Ashford, bee th e constructed by means of the additional capital to be raised by th hsame Na. 4 Shares ; and that all profits accruine from any of rible e n v ' lines, wholly or partially opened before such day, are divi lines 'fliong the proprieters entitled to share the profits of the other So and works of the company. v ee " t hat, according to the resolutions referred to, until all the 4 :h ae,n : ex n t o st er in n , progress are completed, the holders of the Shares viz., the original and the No. 1 and No. 2 Shares, reap the dividend beyond those earned by the specific capitals upon which The is payable. l e l n , ranches which have been opened for traffic and contributed i s een . _e..ernings to the advantage of the original and the No. 1 and 82. shares are : —The Tunbridge and Tunbridge Wells Branch, 5 0 , e_ t ies length, which was opened on the 20th of September, 1845 ; o ' s ee ulster and Deal Branch, lee miles in length, which was opened C es T e e s lat of July, 1847 ; and tee Gravesend and Rochester Line, o il ° in length, which was opened as a double line on the 23d ` lo gost, 1847. T to these facts, which have always been before the pro- Pneto egard ei dena rs s , will sufficiently evince how far they have affected past di bo,et Wa.s thee that any benefit would be given to the ri • des of No. 3 and No. 4 Shares until the lines of railway and tremB for which those capitals were created had been opened for even e; those shares were issued at 301. per paid up share, to be on 4 41 Y on a par with the original and the No. 1 and No. 2 Shares, e , zi " Leh the average payment will be 321. 19s. per share ; but the genei es of the money market, which defied all calculation, made et . ztleilMbent on the directors, in order to insure the prompt payment Do 2e calls on the No. 3 and No. 4 Shares, which was of vital im %eq....knee to the Company, to call upon the proprietors to empower e a „T,' to pay interest at the rate of five per cent. per annum out of petal, until the holders of the No. 3 and No. 4 Shares should be- Mite entitled to dividend. This power was granted by the proprie weelsgih of February, 1847. th ee eent the directors confidently submit that this measure, soundcieliier3ea.bettitrind sanctioned by the propriet re, was dictated by meet the unequalled difficulties of the times, it is obviously e or the company to terminate the payment of interest out of ce ee• e '" which necessity alone justified, by proceeding vigorously to exp e e inete the works, and thereby to render the whole of the capital torlt nd•d o. e eval t e well, before proceeding further, to remind the proprie 44;1.fthe terms on which the Greenwich Railway, the Reading, It e e,,,iti, and Reegate Railway, and te Canterbury and Th 'l.l are held by the South•Easternh Railway CompanWhitstabley. Ist °f G reenwich Railway is held on lease for 999 years, from the *ill lucre 411 '3' 1815. The rent parable this year is 40,000 e, and it * lien the maximum yearly rent of 45,000/. will be payable. whi te , Perpetuity Guildford, ani Relgate Railway is agreed to be whio, Perpetuity from the time of the completion of the works, et tl is to take place in August next. The rent is to be payable is II t r e a , eof five aid a halfper cent. ' per annum on the cost, hich tera 9e:he: ren t e' alitt e o rb 6oo,oool.; the rental will, therefore, be 33,000/. per Canterbury and Whitstable Railway is held , on lease for the hn Years, commencing from the 29th of eeptember, 1844. andrese itie PaYab'e for the remainder of the term is 3,000/. per annum. s eh ,e" e n e 0 interest on the mortgage debt, amounting to 44,2211 , esez ee een_ is 2,2111. Is. per annnm. The South-Eastern Railway ch e 4enee has the option, before the 29th September, 1812, of pur -011 e e l , 7sliree on payment of 60,e001. as the purchase money, and e The s o ti g the mortgage liability of 44,2211. 'Mae, rs , ° ,th - . Eastern Railway Company have relaid this line with !stati on :ea since it was leased to them, and they have removed the ;eore et a engines with which It was worked, in order to substitute % etre als e:e Power for the purposes of the traffic ; and as coke works neen " °earl built by the company at Whitstable, and money has dire e .„ - _Pe , tiled by them in the improvement of te harbour, the The s e eee-e their it will prohably be for the interest of the company to 0 i ee „„ option of purchase. rnetioe 1; . y ...1 of the lines of railway and branches in course of con vene-, . and to be leased to, the South-Eastern Railway Com '. id 3 miles, - Miles. ch. TlIZ" °1.11 1 Rent line from London to I c Gr avesend Railway Woolwich, Dartford, •• .• .. 25 4 ItYe, orth Kent Greenwich, and Bricklayers' Arms June- Ilastil;gs, an; St. Leonard's Branch To'eench from Rye to Rye Harbour •• •• •• tnnbridge Wells and Hastings Line, and Branch to 31 14 T he a l r ' cla it " • • • .. . 45 68 `each e • " „ ne, Guilford, and Reigate Line • • tir e . to 'n! Reading, Guilford, and Reigate . Railway 6 miles 40 chains the Made by the South-Western Railway Company; and for to pace of this part the South-Eastern Railway Company will have Til e ProPertherefore, ionate toll. Will l ength, tof the line of railway and branches which tont ' —eqr be used for traffic by the South-Eastern Railway ". 1.1 3 . will be 296 miles and 47 chains. lb ofu w e , d l l be seen in the Statement A. that the capital already an- The n3' the Company's Act of Parliament is 9,11 , 0, al. „ amount of caital exended by the company to the . Ist of De B ":_rY, 1849. is 7,890,5321., as shown in Statement B. ; and it will e netr il that of this amount 6,649,305/. has been paid up by the pro 14k1 re s, and 1 , 21 )1,227/ has been advanced to them on mortgage, Thremained due at that date. e works in progress of construction are : et," 'e enloreem ent and division of the Lon d on -b ri d ge s t a ti on, an d da m ng or the Greenwich line. otoy , ortli. Kent line, from London to Woolwich, Dartford, and "14 ' Xorth Kent, Greenwich, and Bricklayers' Arms Junction line. trlaaLiceehji,f4shnhfoferdtdl,ocryeo,tive station and works. Rye Harbour, Hastings and St. Leonard's The Tunb ridge Wells and Hastings line. thes e amount ar of capital that will have to be expended to complete for ee,,, o rka, to pay for the land not yet in the company's possession,. tei o permanent materials, and for the erection of the electric Aran on the new lines is 1,132,724/. 1 1 , the e stimates for these wor k s are less by 465,000 / . th an th e p r ices Xll.e original estimates, an d this amount of saving of expen di ture lgj4, effected by the revision and alteration that has been made of Wores, and the reduction that has taken place in the price of 7 4 t and materials. tollttie estimated th a t a f ur th er sum of 108,9001. will eventually have to ~,,s'xPended to increas e th e l ocomotive engine and carry i ng s t oc k, fe e - t ' r yLt the requirements of the traffic of the new lines when epened tre e , ,M i c; so that the total amount of expenditure under these heads Ist instant, will be 1,241,624/. le t of i ofer:eo;l:rhs Kent line will, it is expected, be open for traffic by the the dton the wor ks have not all been pushed forward as c . sidered they had aright to expect. 1 11 t i n, 4nlargenitnt of the London -bridge satio must be completed 14 'Por - t , f°r the openine ot the North Kent ( linen and it is clearly of of this-..atice to provide proper station accommodation for the traffic nee of the other South-Eastern lines and branches. 1111e,;North-Kent, Greenwich, and Bricklayers' Arms J u u s ti p e e t p io u n_ lo os rl w i. lett will connect the Bricklayers' Arms station and nifty b e n gli bnurhood with Greenwich and the North-Kentßailway, Ar n t P h e a n n ed in three mouths ; and will probably be the means of Its a larger return of traffic to the company, compared . with 41%. ed to be oafny g lines with each other, other of the works, as it will connect important dee m 7 enrnpletloa of the Ashford locomotive station and works is great consequence to the welfare of the company, as ia e „p Portion of the future expenditure on revenue account will be Tine Ilereel there. f. "M struction of the South-Eastern Railway Company's Coast itei4n) Ashford to Rye, Hastings and St. Leonard's, where it 9oe st .„_ e London, Brighton, and South-Coast Railway Company's 14em ,f 3t_Ie, making the coast line of communication from Ramsgate, aqd i he u ver, Folkestone and the other ports of Kent to Portsmouth all th , wnestwanl complete, is finished between Ashford and Rye ; Aro ce _ l a d is in the co npan's posyoessien, and the works will be Thevued with as speedily asble. Net, u c e n_mPanv were pledged t o P ar li ament and the public to com -00 13 line ny the autumn of 1848 ; but this they were unable to ot her The unreasonable tenders made for executing the works, and i.eer difficulties, caused the delay; for ofthe sum of 465,0001., saved ,000/. will be saved on the e se ne - ally over the works in progress, ml between Ashford and St. doren'as;dlsso ‘?The other important work, of which "the heaviest portions are in ad . vanced state, is the Tunbridge Wells and H astings line. :nlainder will average a comparatively small cost p er mile, and Tl the b e peeeeeeed with as fast a s the financial co mpany circu mstances of will permit. merly. 4a ..,e Hastings traffic, which, it must be remembe re d , came for mfor- -27110n the South-Eastern Railway at staplehurst, has been lost to h tice the opening of the Brighten Company's Hastings line on the alai 01 June, 1846, but the larger proportion of this traffic will be H astin g s acd on the completion of the South-Eastern Compeer. iit;„line ne r esoure . es which are at the disposal of the company to meet 11 0 ' eutlaY required for the completion of the works, for the addl. MNee?ili,l l ocomotive engines and carrying stock, the interest that el " e + , Payable to the proprietors of the No. 3 and No. 4 Shares, mortgage debt, are set forth in the statement of T,e. Marked C. Ineit,leY consisted, on the let instant, of—Cash to hand, 104,7471. les; ealiV-tY c redits, 14,8121. ss. Id. ; calls in course of . receipt, 125,160/. ; nleri,„, ° b e made, 732,657/. ; unissued shares, 141060/. ; unexercised lie,. ' a ge Dowers 231,325/. ; which latter sum can be capitalized at ofZeriel chosen by the proprietors, as can in like manner the sum patalihe poriion of the present mortgage debt not yet ca by the 4 ; and beyond these sums, the company has power to raise, of new shares, 340,0001. 153,3V;IrPlus land and other property of the company is valued at It `., making thaegate of assets 2,296,882/. b y th ,as thus been shown that the company are already empowered bls ,3 e t %several Acts of Parliament to raise in the aggregate Itiok u i l e t , 4 for the execution of their works, and to make and open all et railway, exclusive of their line between Grayeund and adian main 7, but •at':icr s. d ) 3 9 0 0 35 0 33 0 .31 0 ttend siness 23s to 50s to D 49; -Beef, lb; allow, peck; )t for a- EX either Arm, untrf pvvard 0, 445; s and jot. A No. 17,581.] LONDON, TUESDAY E E G 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 authorise t by their Act to purchase the railway and canal, and to fill up the canal, and double the line of railway, so as to form a part of the South-Eastern North Kent line, but no provision was made by Parliament far the payment of the purchase money, nor any anthority given to raise money for that purpose. Parliament had, however, previously recognised the principle and necessity e a grant of power to raise money for the purpose of exe cuting the works, by antis wising the Gravesend and Rochester Rail way and Canal Company to raise 85000/. by the creation of shares, and 56,616/. by mortgage, mad 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 purchased the Gravesend and Rochester Railway anl Canal for the sum of 310,003/. ; paying 31,000/. in cash, anal 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 consequently be made to Parliament to raise the sum of 359,934/., for payment of the purchase-money and interest. The filling up •of the canal, and doubling of the line of railway, has ty,en -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 15 159,1661. 175., and the.further amount that will he payable under this head is dependent in some measure on the time of opening the new lines—it may be . taken at 205,0161. 6s. 6d. Had this payment of interest on thb 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 330,935/. will make the whole paid-up capital of the company 9,466,36.01., 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,lntes 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 miies and 40 chains of the South-Western Railway. The ret:enue produced by the lines open daring the last year, 162 miles and 66 chains in length, was 449,7251. I Is. ld., or 2,7631. por tulle. • • The policy of the company for the last four years, that they should themselves be the carriers of goods, on their 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 61 . 12 s. per m i l e p er week, and to 121. per Lie Per week its the latter. This po'icy 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 corres;onding increase of receipts. The proprietors will take into consideration, in estimating the ad ditional revenue to be obtained when the whole 296 - niles of railway are open, the anticipated improvement ,f 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, arid 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 tion, the key to the land traffic passing from Europe into Great Bri tain, 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 present there has not been as much Conth ental traffic as there was before the opening of the French lines of railway. The disruption 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 tke steam-ships, and in the pre ceding twelve months, when the French lines were not opened, the number of passengers was 49,314. 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 tion with this country; and it will be a solitary exception in r 11- way experience, if the means now existing of reaching Paris 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 Us% 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 I)over 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 3,433 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 Calais, 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 tote 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 the 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 passengers 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. has been sufficient 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 196,800/., the directors believe that they will be settled for the suns set apart to meet them, viz., 133,0401., 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 60,5001. 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 tion that great improvements will continue to be made under this head. The extortionate parochial assessments to which this com sany 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, and will soon, so far as the existing law, which bears very hardly on railway companies permits, be, the directors 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-Easte:n 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 MACGREGOR, Chairman. C.—Statement of the Liabilities and Assets Of the Company on Capital Account, Ist of January, 1849 LIABILITIES. Works, land, stations, permanent materials and Electric Telegraph . • • • • • • • • • 1,132,724 Lo :omotlye engines and carrying stock for new lines •• .. •. • • •• •• 108,900 Interest on No 3 and No. 4 Shares • • • • 205,016 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 taxed • • • • .. 196,800 0 0 Amount invested in South-Eastern Railway shares to meet the above 138,054 0 0.1 - 6 - 6 t cr e. t 8 g V P. •-• -4 cl "on lo a.. 0 OD OD CO 10 .41. Ido * P — • 'ls A. W ••••T • • 0 r CT 13 • •••••7 Ti%• I 00 01 G AO • I .41 O I C. 4 O 90 3. .4 tr, 129 I .. C 9 C 4 I 0 -4 0 0 0 0 6 6 8 n ‘ll Cm a 2, 5' g cr I 0 1 g '5 2 a . F ta 4. 1. 4 I $ W 1 . c., G., I ..--- I ..c. . c. ~ , 1 c. , i Pa Loath-Eastern Railway, London-bridge Terminus, Jan. 15, 1849. 131 ETROPOLITAN COUNTIES AND GENERAL LIFE ASSURANCE SOCIETY, 27, REGENT STREET, WATERLOO-PLACE, LONDON. INCORPORATED PURSUANT TO ACT OF PARLIAMENT. TRUSTEES. Spencer 11. Walpole, Esq., M.P. I Richard Spooner, Esq., M.P. Henry Peter Fuller, Esq. Edward Vausittart Neale, Esq. DIRECTORS. Samuel Driver, Esq., Whitehall. Henry Peter Fuller, Esq., Piccadilly. John Palk Griffin, Esq., Ironmonger-lane, Cheapside. Capt. Hon. G. F. Ilotham, RN., United Service Club, and Brighton. Edward Lech, Esq., the Limes, Lewisham, Rent. 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. Westohy, 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 of death 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 ne v 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 moderato premium of 103. per cent., in one single payment, for the whole period of life. ERAMPLE.—A person may by one single payment of 51. assure to his family or others the sum of 1,0001., to be paid in the event of his losing his life by ratlyrayt ravelingi n Great Britain or Ireland. .F. FERGUSON CAMEO UX, Manager. STATES'S ROYAL NEWCASTLE-ON-TYNE. HOTEL; CHARLES STATES solicits the patronage and support of Com mercial Gentlemen t i the above Hotel, which is most centrally si tuated. The Commercial-romn. will be found one of the most com modious and suitable, and " en suite," the Motel, in point of accom modation, second to none in the North. MR. LIONEL GOLDSMID will have the ho nour to appear at the MUSIC HALL, Store-street, Bedferd square, in a new and entirely original Entertainment, called AT H)ME AND. ABROAD, on MONDAY EVENING, February 5, 1849. For particulars, see Bills of the day. Tickets and Places to be secured at the Hall. Doors open at Half- Fast Seven, to commence at Eight precisely. Hall, 25.; Reserved Seats, 35.: Private Boxes, li. 10s. and 2/. 2s. LONDONDERRY an d COLERAINE • : RAILWAY COMPANY. ELEVENTH CALL, being 2/. 10s. upon each 121. 10s. Half Share, making, with the amount already paid, 51. called upon each Half Share. Notice is hereby given, that pursuant to a resolution of the Board of Directors, passed this day, Shareholders in this Company are re quired,to pay a CALL of 21. 10s. upon each 121. 10s.. Half Share by Two Instalments of 1/. bs. each, the first of such Instalments to be paid on FRIDAY, the 20th day of July next, and the second on SA- Tuaruv,:the 20th day of October next, to either of the undermen tioned bankqs : London—Messrs. Hanburys, Taylor, and Lloyd, Lombard-street. Dublin—The National Bank of Ireland. Londonderry—The Branch of the 'Ulster Banking Company. Interest at the rate of Five per Cent. per Annum will be charged on all Calls remaining, unpaid at the dates above mentioned. Interest .at the .rate of Five per Cent. per Annum will be allowed on a'l Calls paid in advance. ' By order of the Board of Directors, FREDERICK 11. HEMMING, Secretary. Offices, 5, ChUrch-passage, Guildhall, London, Jan. 29, 1849. GRAVESEND via ' BLACKWALL RAIL WAY, and STAR and BLACXWALL PICKETS. 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, ONE SHILLING and SIXPENCE. To or from Blackwell or intermediate Piers, Fore 9d.._ No ether Packets call at the Grays or Greenhithe Piers. FROM TERRACE PIER, GRAVESEND. • Week Days, at 8, 8 31 * , 931, 1131, 1, 231, and 5. Sundays, at 8%, 113¢, 1,2%, and 5. FROM BRUNSWICK WHARF, BLACKW ILL. Week Days, at 9%, 11, 12, 131, 3,4, and 5. Sundays, at 931, 11,131, 331, and 5. The TRAINS starting one quarter of as hour before each of these times. Passages marked * are run direct, the Packets not being 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, 4/. 43. ; Six Months, 21. 155.; Three Months, 11. 15s. ; 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 the Brunswick-wharf, without any charge. The charge for Porterage at Fenchurch-street is Id. for small parcels, and 2d. for large parcels. November 7. 1848. IN consequence of the great rush of Visitors to see BANVARD'S GRIND MOVING PAINTING of the MIS SISSIPPI and MISSOURI RIVERS, at the EGYP rIAN HILL, Piccadilly, the Proprietor respectfully announces Two Exhibitions every day during the holidays. This immense Painting is the Largest in the World, and exhibits more than 3,000 miles of Ameri can scenery.—The Day exhibition will commence every Afternoon, at Half-past Two, and the Evening at Half-past Seven o'clock; doors open half an hour before commencing. Admission, lower seats, 2s. ; gallery, Is. THE ROYAL POLYTECHNIC INSTITUTION, REGENT-STREET. A View in the Gold District of California is just aided to the New Series of Dissolving Views.—Lecture s on the Cultivation of the witha c l e,a v n ai d ie o t n y tolifesAonrgtso,foSnitTiguiensgd,aybyG. Thursday, Clifford, and Saturday, at a Esq., Illustrated Q arter to Taree 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. Wallis. Open daily from Eleven to Five ; and in the Evenings (including Saturday) from Seven till Half-past Ten. Admission, Is.—Schools, Half-price.—The New Catalogue, le. ÜBLIC NOTICE.-EIGHT NEW LIGHTS. P surpasses the Carcel Lamp of —The only good Lights in the world — they only seed knowing te be admired. The Diamond Lamp is the only Light that really c g o iv m es e.— sa T ti h s e fa v et e i r o t n ic , a i l ts pi e a ma n l disLuanmkenown ; its superior will never France in every respect.—The Pearl Candle Lamp with detached cup, &c., is worth a hundred other Candle Lamps.—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 Burners surpass all others beyond comparison. The Metropolitan Light Company her Majesty's domi nions with Light supply.—The Public will have none other. The whole of the New Lights are constantly burning at the Com pany's Establishment, 447, West Strand, RICHARD CLARK, Resi dent Manager. A 34.—Capital authorized by the Acts of Parliament. 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,Apri1,1812 and Dover 800,000 . 266,600 London- 1 3 & 4 Vic. c. 122 10 Aug. 1840 i f bridgestation j 90,000 30,000 SSExtension 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 / Branch j 112,000 37,300 Brick lay - ers' G & 7 Vic. 62 4 July, 1843 / Arms Branch 3 133,333 44,444 and Station 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, liar- 200,000 66,00 0 h0ur, &c. . S Tunbridge 1 180,000 60,000 8 & 9 Vic. c. 167 31 July, 1845 j Wells Branch 8 & 9 Vic. c. 168'31 July, 1845 f Widening 1 and Exten- 1 s a l O r n ave o s f e , t , h d e 85,000 56,666 I and Roches- L ter Line • • Widening of 8 & 9 Vic. c. 186 4 Aug. 1845 1 the Green- 142,700 47,566 wichltailway 8 & 9 Vic. 6.197 8 Aug. 1845 [ D 3l e in al st i ef ra a n n ch d / 187,000 62,300 Ashford,Ry•e, Haitings, and 8 & 9 Vic. c. 200 8 Aug. 1845 St. Leonard's 410,000 136,000 Branch .... C Harbour 20,000 Rye and Rye 9 Vic. c. 35 18 June, 1846 1 . 6,600 Branch .. , Ashford, Lo-1 I• comotive I 9 Vic. c. 56 18 June, 1846 / a n a e t i r o a n l p a an d r _ t 500,000 266 , 000 Iposes • • • - • • J Tunbridge Wells and 9 Vic. c. 64 18 June, 1846 Hastings 640,060! 213,300 Branch ',Corti' Kent Line 1,030,000 $33,000 9 &10Vic. 6. 305 3 Aug. 1846 Greenwich, -1 I North Kent, I UM 11V. c. 104 2July, 1847 i and Brick. } 55,000 18,300 layers' Arms 1 June. Line • • J London bridge Sta tion En. 10 & 11 V. 6.230 22 July, 1847 largement 200,000 66,666 and further Widening of the Green wichltailway 6,755,033 2,360,342 6,755,033 £ 9,115,375 • ANOTHER SURPRISING CURE OF ASTHMA BY DR. LOCOCK'S PULMONIC WAFERS. From Mr. William Bowen, Cartlett, Haverfordwest, dated Feb. 4, 1847: . __ • " Sir, --Laving been afflicted for many years with a vlolont cough and asthma, and having tried all other medicines la vain, I was re commended to try Dr. Locock's Waters. I sent for a box, and, to my great astonishment, I found relief in the very first night, and have continued to get better ever since. Their effects are really wonderful. My appetite is now good, whereas formerly I could scarcely keep my food on my stomach. • (Signed) " WILLIAM BOWEN." Price ls. IY,d., 28. 9d., and lie. per box. Agents, Da Silva and Co., 1, Bride-lane, Fleet-strect,London. Sold by all medicine vendors LA 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 most delightful, fragrant toilet perfume. Sold only in triangular bottles, protected by the Government stamp, at 4s. ; double the size, 7s. ; and double this size, I Is. each ; enclosed in a Pamphlet, con 'riffling testimonials of undoubted authority, entitled " Three Minutes' kdvice on the Growth and, Preservation of the Human Hair, &c." By post, 4s. Gd., 7s. lid,; and 12g., foemoney orders only. Sold wholesale only at Gemstone's Iferbary, Highgate, near London ; and by Messrs. Barclay and Son, Farringdon-street ; Sanger, Oxford-street; Messrs. Butler and Co.,Cheapside Fisher and Toiler, C'ondult-street ; Mr. Johnston, medicine warehouse, 68, Cornhill • and by all Chemists, Perfumers, and othors For Edinburgh, J. and R. Raimes, Leith-walk ;:for Manchester, eresshe and Son, Adver riser-office. TO TUC Limes. This lady had the following letter inserted in the "Times" news. paper on Aug. 7, 1646. 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 oppor tunity of publicly thanking Mr. W. Grimstome, of the Herbary, High gate for the efficacy of his Aromatic Regenerator, in having com pletely restored the hair on her head, after using it about four months, and the whole of her hair is much stronger and more luxuriant than lever was before the baldness appeared. "Mrs. Weekley inserts this testimony to7the virtues of Mr. G.'s Regenator, feeling assured that many ladies would gladly purchase an lls. bottle It they were as certain of its virtues as she is, from ex perience, not only in the restoration and production of hair in abund ance, but as a cure of nervous headache; as a toilet perfume iti far beyond any to her taste. She will feel a pleasure in answering any ady of respectability to the abovefact .-3, Swan-street, Borough." In cases of the hair becoming thin, weak, or turning grey, afe w drops en the crown of the head occasionally, every weak, will pre vent the hair from coming away with the comb, mate it strong, aid Prevent it turning grey, rendering the hair luxuriant and curly. A few drops on your hairbrush before brushing the hair, will give the hair brilliancy, causing it to curl. The most delicate ladies may use this delightful product et the most aromatic herbs and flowers with confidence ; its refreshing odour removes headache and makes it a most necessary companion to the toilet. In cases of nevous headache, pour tea or twelve drops on the grown 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 on children's heads in a few appplications. If used on infante heads, it has such a peculiar cooling influence on the brain as to pre vent convulsions, as well as promoting the growth of hair.—See ,anaphlet of testimonials. All letters addressed to William °Millstone, Herbary, Highgate. B,—Statement showing the Amount Expended and to be Expended on the Main Line and Branches, and ultimate Capital, 31st De cember, 1848. Expended To be ex- Name. to: Dec. 31, pended to Total. 1848. complete. --------• - Main line and Bricklayers ' Arms £ £ £ . ..... .... 3,385,188 38,200 3,423,388 No ß rt r i a i n widening, and London Station 1 930 327 457,094 2,387,421 'Tent, .G " rec . n . Greenwich Branch division and enlargement .. • • , , Folkestone Branch, harbour, 174,656 11,500 186,156 coke works, &e. • • • • • • • • • • • • Locomotive department and carrying stock .. .. .. • • ...... 553,212 108,900 662,112 Maidstone Branch ... ••••• • • • • 187,715 1 , 500 189 , 215 Canterbury, Ramsgate, and Mar gate, Whitstable, and Minster and Deal Branches ........ • • 809, 958 Tunbrid ge 7,800 817,758 As hford Station, and Ashford and Hastings, St. L eo nard' s , and Rye Branch .... •• . ..... 425,151 330,130 755,281 and Tunbridge Wells a nd Hastings B ranch, and B ranch towards Ry e • • .., • • ,J I ,• • 424,325 236 'OO l "10 825 I 5.£7,8 0,532 £1,241,621,£9,132,156 Interest to be paid to proprietors •.••• • • • 205,106 Lost on issue of original 5hare5.........• • • 244,504 Amount Invested to meet disputed accounts 138,054 Less surplus land and property. • • • • • " "-` £,719,730 253,370 Ultimate capit4 „ „ ..... X 9,466,360 TIC DOLOREUX CURABLE.—TOOTHACHE. JAMES' CELEBRATED ASTILIAN TINC TURE 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 admixistered 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, I. Sanger, Dietrichsen and Hannay, London ; Southall Brothers, Birmingham ; I. and R. 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, Piccadilly; Woolridge, Bath-place, New road ; Fisher, Crawford •street ; Holmes, Spring-street, Sussex gardens; Emery, Notting-hill; or any reEpectable Patent Medicine Vendor throughout the kingdom. Fricy 24, Ng 44 ! 6c1 , , La Family Bottlee, lig. each, Illustrated by 26 Anatomical Coloured Engravings on Steel. ON PHYSICAL DISQUALICATIONS, GENERATIVE INCAPA- ClTY, generative system, from ex- AND IMPEDIMENTS TO MARRIAGE. New Edition, enlarged to 196 pages. Just published, price 2s. 6d., or by post, direct from the Establishment, 35.6 d. in postage stamps, THE SILENT FRIEND, a Medical Work on the infirmities and decay of the .s ll tre y et Ox ford-street, cessive indulgence, infection, and the inordinate use of mercury, Oxford-street with remarks on Marriage, and the means of obviating an d physiology of the re-productive quu.aupteaußtiyousan. and CO., a c ted ons b u y lti 2 n 6 g Colouredsurgeons Surgeons , 19, Engravings. ford-street, London. Published by the Authors : said by Strange, 21, Paternoster-row ; Hannay, 63, and Sanger, 150, Starle t 23, Titchborno-street, Haymarket ; and Gordon, 146, Leaden halll:AsstrTeelt.treats of the anatomy organs, and is illustrated by Six Coloured Engravings. PART 11. treats of the cons eq uences resulting from exce ss i ve indul gence, and their lamentable effects on the system, producing mental and bodily weakness, nervous excitement, and g e nerative' ncapacity. Illustrated by Three Explanatory Engravings. PART 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. PART IV. contains a Prescription for the Prevention of Disease by a simple application, by which the danger of infection is ob viated. This important part of the Work should not escape the eader's notice. PART Y. is devoted to the consideration of Marriage, and its duties. The causes of unproductive union are also considered, and the whole subject critically and philosophically inquired into. THECounAL BALM OT SrinAcUm is exclusively employed in treat ,ng nervous and sexual debility, impotence, ste., i t s. -, and 335. per bottle. The Concentrated Detersive Essence, an anti-syphilitic remedy, for - purifyin-• the blood in cases of infection, secondary symp toms, eruptions, and the abuse of mercury, I Is. and 335. per bottle. Perry's Purifying Specific Pills, 2s. 941., 45. 6 d., and I Is, per box, a certain remedy for gonorrhoea, gleet, stricture, and chronic inflamma tion of the bladder. Consultation fee, if by letter, 1/. A minute retail of the case is required : age, habits, and position in society. si. Packets', with advice, to be had at the Establishment only, by which the fee,ll., is saved. Messrs. Perry, Surgeons, are in atten dance daily at 19, Bereers-street, Oxford-street, London, from Ele ven till TWO D filld Five to Eight j 011 Baclay4 from =oven to One. ASSETS. Cash at bankers Sundry credits Calls in course of receipt Calls to be made .. Shares unallotted •.. Share capital not raised Mortgage powers not exercised • • Mortgage debt not capitalized • • Surplus land and property • • • • •• Amount to be raised by authority of Parliament for payment of the purchase-money of the Gravesend and Rochester Railway, and interest thereon .• 350,985 3 5 £2,647,867 6 6 _cp,.ww.4zk 2 F e rZ74.-g4VA W p(.:422g5 g • • • • ;• ' .2.2. • " 4rJ; :• : 1 4 .9. OD 00 ac~go. ...,..00 . MMMMM M .—wwwn2 Cn 00seaw. ;qBFti P 71.4 ER:: :•••• • • • • :- 5.,, , F : 1,...,-...1 : : .-.. ... N ••••• ... ..... . C.J. 6 An IT , 0 0 Ji.. . w K ,-, C 2 11 22 • 4 OD •4 V Jan kft ,10. 3.3 0 0 c, 0 3. . •-• 03 0 0 3.2 •-• . O. 0 C 3 0 Cl 2 tr .4 , • 28 24 I 70 THE LONDON INDISPUTABLE LIFE POLICY COMPANY. INCORPORATED BY ACT OF PARLIAMENT. Upon the Principle of Mutual Life Assurance, the Whole Profits belonging to the As , ured. No. 31, LOMBARD-S MEET, LONDON. TREJSTEES. J. Campbell Renton, Esq., M.P. I Richard Spooner, Esq., M.F. Richard Malins, Esq. James Fuller Madox, Esq. William Wilberforce, Esq. DIRECTORS. William Adams, Esq. John Hamilton, Esq. John Atkins, Esq. James Fuller Madox, Esq. John I )angertkld, Esq. John Matthews, Esq. Robert Henry Forman, Esq. Charles 0. Parnell, 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 a4th 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 NIIUM 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 POLICIES are granted, whereby ajoint assarance 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 be recovered from outstanding debts. There is no extra charge for residence beyond 33 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, app approved by withtli hi e t ßo s a c rd o , n w w h a o ny ex . tend the business of Life Assurance in connexion George Cumming, Esq. James Turner, Esq. CLERICAL, MEDICAL, AND GENERAL LIFE ASSURANCE SOCIETY. INVALID LIVES. In addition to the ordinary Assurance 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 satisfactory 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. 11. PINCKARD, Actuary, No. 99, Groat Russell-street, Bloomsbury, London, Or of any of the Society's Agents. X s. d .. 1,201,227 0 0 £2,617,567 6 6 .. £104,747 18 11,812 5 .. 125,160 0 732,657. 0 .. 111,760 0 .. 340,000 0 .. 231,325 0 .. 353,050 0 .. 253,370 0 S N 7 JANUARY 30, 1849. PUBLICATIONS. This day is published, BL A OK W 0 OD'S,tt-iM AGA Z INE, .0. CCCC., for PEBRUY. Pries 25. id. CONTEITn; I. Caucasus and the Cossacks.—ll. The Caxtons. Part 10. Statistical Accounts of Scotland.—lV. The Poetry of Sacred and Le. gendary Art.—V. American Thoughts on European Revolutiona.— VI. Dalmatia and Montenegro.— VII. Modern Biography. Beattle's Life of Campbell. The English Universities and their Reforms. —IX. The Covenanters' Night Bymn. By Delta.-;-X. The Carlists in Catalonia. . William Blackwood and Sons, 45, George-street, Edinburgh; and 37, Paternoster-row, London. This day Is published, I. The Second Part, price 12s. Gd., of the Ne w Edition of rHE BOOK OF . THE FARM. By HENRY STEPHENS, F.R.S.E. This Part completes the First Volume. 71. In royal 8,0., handsomely bound in cloth, price 275., The FIRST VOLUME of the above WORK. Containing— Initiation—Practice in Winter—Practice in Spring. With Eight Illustrations on Steel, by Thomas Landseer and others, and 238 En gravings on Wood, by Branston. To be completed in Two Volumes. William Blackwood and Sons, Edinburgh and London. Sold by all Booksellers. AIN SWOR T H'S MAGAZINE. CONTENTS FOR FEBRUARY. NQ. LIMN% I. Crichton. By W. Harrison Ainsworth, Esq.—ll. The High lands and Islands of the Adriatic.—lll. Gaspard the Mason. A Sketch from Life.—lV. Frithiof and Ingeborg. By Caroline de Crespigny.—V. The Homesteads of Lower Brittany. By W. Hughes, Esq.—Vl. The Countess de Rudolstadt. By Miss Hays.—Vll. Angela; or, the Wife. A Tale of Milan.—Vlll. Marra, the Slave Girl. lily W. H. G. Kingston, Esq.—lX. The Inquisition of Saltz burg, By Thomas Roscoe, Esq.—X. 1849 to 1848 in Passing.—Xl, Jacob Van der Niess. A Romance. By Madame Paalzow. Illustrated by ILABLOT K. BROWNE. Chapman and Hall, 186, Strand. COLBTJRNS- NEW 'MONTHLY MAGAZINE. • Edited by W. HARRISON AINSWORTH, Esq. Contents for FEBRUARY. No. CCCXXXVIII. I. Soapey Sponge's Sporting Tour. :Chapters 4,5, and 6.—11. Men and Things in the New World of Australia.— 111. Mr. Grab's Adventures in Search of Gold Dust in California. — IV. Stanzas. By Mrs. Ponsonby. —V. Supernatural Beings.—Vl. Youth, Manhood, Age.—Vll. The Perils of the Poor ; or, the Lost Snuff-box. By James Willyams Grylls, Esq.—VIII. The Brass bound 'ox. A Cornish Legend. By Father Poodles, P.P.—IX. Home through the Valley of Hell. By Dudley Costello.—X. Auto biography of a Pair of Top-boots.—Xl. Beattie's Life of Campbell.— •—XII. Layard's Assyrian Researches.—Xlll. The Gold Washings of California.—XlT. The Habitue's Note Book. By Charles Her vey.—XV. Mitchell Redevivus.—XVl. The Theatres.—XTl. Litera ture. Chapman and Hall, 186, Strand. In royal 12m0., price 7s. 6d. bound, GRADUS AD PARNASSUM. A New Edi tion, very carefully revised and corrected, with the Addition of many New Words, and with the English Meanings introduced. Landon i Published by the Company of Stationers, at their hall, Stationers'-court. Now ready, price 7s. cloth, THE LONDON and PROVINCIAL MEDICAL DIRECTORY, 1849, containing the Name, Ad dress, Qualifications, Medical Appointments, and Literary Publica tions of every known qualified Medical Practitioner In England and Wales, Street List, County List, Army and Navy, Medical List, Sup plemental List, Obituary, Hospitals and Dispensaries with their Me dical Staffs, Medical Schools, Societies, &c.; with a vast amount of information in reference to the medical community. extending to more than 600 pages. John Churchill, Princes •street, Soho, and all Booksellers. Just published, price 55., Bvo., in cloth, r fiFIE RATIONAL TREATMENT of STRIC JL TURES of the URETHRA, in all their varieties and compli cations. With practical observations on the use and abuse of instru 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 source of most of the se vere, long-protracted, and complicated cases of that disorder so fa tally prevalent. By F. B. 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."—Liston's Operative Surgery. Published by 11. Bailliere, 219, Regent-street ; and may be had of all booksellers in town or country. DAVIES'S CANDLES, sd. and sid. per lb. ; Waxed-wick Moulds, 63¢c1.; Composite, 814 d., 10d., and 1036 d; Wax Candles, 15. ; German Wax, Is. 2d. ; Fine Wax, Is. sd. ; Transparent Wax, Is. 9d. ; Best Wax, 2s. Id. ; Sperm Candles, is. 6d. and is. 7d. Metallic, 73¢d. and 8% et. ; Mottled Soap, 60s. and 643. per 1121bs. ; Yellow, 485., 545., and 60s. ; Windsor Soap, Is. 4d. per packet ; Brown Windsor, Is. 9d. ; Rose, 2s. ; Almond, 2s. 6d. ; Sealing Wax, 4s. 6d. per lb. ; Sperm 011, 7s. 6d. per gallon; Solar 35.3 d., Seal, 4s. ; Argand, or Vegetable, 4s. 6d. For Cash—At AWES'S Old Established Warehouse, 63, St. Martin's-lane. ort or Grocers' and 011-shop Goods at lower prices. 10pLAIR'S GOUT and RHEUMATIC PILLS _41.4, Copy of a letter from Mr. J. J. Wilson, Chemist, Mink ear, York, " To Mr. Thomas Prout, " 14th Jane, 1847. " Six.—Haying suffered most dreadfully for the last six years from repeated attacks of the gout, and receiving no benefit frets the best medical advice I could obtain, I was induced about six weeks ago to try a box of Blair's Gout and Rheumatic Tills. When I commenced taking them, which was In the afternoon, my feet and elbows were very much swollen and inflamed : I was suffering the most intense agony. I had that night sound and refreshing sleep, and awoke In the morning comparatively free from pain ; and before I had finished the box, I never was better in my life : they have not only entirely removed the gout, but have also very much improved my general health, I have since recommended them to fur individuals, who have suffered much from gout and rheumatism • and they all speak highly of the benefit they have received from them. If you think my case worthy of insertion among the many cures effected by your weuderful medicine, you are at perfect liberty to publish it. " I am, Sir, yours respectfully, " J. J. WILSON." . _ _ The above testimonial exhibits the never-failing effects this valuable medicine, which affords to the afflicted with gout, rheuma tism, lumbago, sciatica, and all analogous complaints, speedy and certain relief. They require neither confinement nor attention •f any kind, and invariably prevent the disease attacking the stomach, brain, or other vital part. Sold by Thomas ?rout, 229, Strand, London ; and by his appoint ment by all respectable Medicine Vendors throughout the United Kingdom. Price 2s. 9d. per box. Ask for BLAIR'S GOUT and RHEUMATIC ?ILLS, and observe the name and address of " Thomas Trout, 229, Strand, London," im pressed upon the Government stamp affixed to each box of the Genuine Medicine. A It K I A G E. One half the world are desolately single, and the other ,opposing them married, questionably contented. Diffidence, or a sense of right determine the former, and miscalculated hopes em sitter the latter. The solitary one may shield himself under the plea of caution and worldly prudence, and the indissoluble, regret un comprosing hurry ; but the truth lies deeper. Physical incapacity, and broken health, are the great hindrances to domestic happiness and social content. The dowry should not be the only marriage set tlement. Honour and justice demand that health should form an item in the compact; it alone dignifies the alliance. Blighted hopes or neglect wound more sorely than poverty or misfortune. Reader, if chose surmises concern you, procure Dr. CULVERWELL'S little MEMOIRS "On Single and Married Life, " pub. in 2 vols., le. each (by post, in stamps, Is. 6d. each). Let no imaginatively relined, or prudish feeling deter you, by their titles, nor be hindered oy misinterpretation of their supposed contents, from obtaining Wem. They are not intended certainly for mere idle cariosity, but , or the closet perusal of those more deeply interested, to whom they are offered as antagonistic to the empyrical trash put forth on the above subjects, by unqualified authors, which alone or together, are a disgrace to the ago. Furthermore, two other ittlo publications claim your attention (same price Is. each, by post Is. 6d.) called " What to Eat, Drink, and Avoid," and " How to be Happy." They are not merely pamphlets, but equal in quantity a library volume, nor are they the mere ephemeral scribblings of the hour, but the study of the author's fife, 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 after nature's laws—and to keep always on the " sunny side of the way." The above works may be had of S'herwood, 23, Paterncsrer-row ; Carvalho, 147, Fleet-street • Mann, 39, Cornhilli Nalson, 457, West Strand ; or direct (by post or other wise) from - the author (who may be conferred with personally, mornings and evenings), 10, Argyll-place Regent-street; and all ooksetlers. REMOVED TO 37, BEDFORD-SQUARE. DR. LA'MERT ON THE SECRET INFIRMITIES OF YOUTH AND MATURITY.-WITH 40 COLOURED ENGRAVINGS ON STEEL. Just published, and may be had in French or English, in a Sealed Envelope, 2s. 6d„ or post-free, from the Luther, for forty-two Stamps, SELF-PRESERVATION; a Medical Treatise on the Physiology el 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 Debility 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 from Indis cretion. With Forty colonred Engravings, illustrating the Anatomy, Physiology, and Diseases of the Reproductive Organs, explaining their structut 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. be 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, are productive of greater severity of rniiery to the human frame, than any other to which it is subject. This work contains an accurate and complete account of the Anatomy and Physiology of the Reproductive Organs, aid of their relative conditions in health and disease. It deservedly requires the closest attention and study, for what subject can bo 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 in early life or from the follies of advanced age, while suffering from 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 the 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 lisease, 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 hi., 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. Dr. LA'afERT has obtained the highest medical honours, as his diplomas certify, and the great extent of his practice for many years is a guarantee 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, bo 52, Paternoster-row; Hannay, 63, Oxford-street; s t ung ; e, rn street, Haymarket ; Mansell, 115, Flee Gordon, 146, Leadenhall-street, London ; or, free by Post fo-rai from 'he Author, who may!), consulted these sor e or 'iv 'otter, dailv.om 'rev !ill Tam, an on d from Five till Eight, at hi. Pr residence, 37. Bedford-square. London. The General Steam Navigation Company's mail steam-ship Countess of Lonsdalo arrived in the river yesterday with the Hamburgh mail, being the firbt arrival from that port since the frost. The Countess reached Hamburgh on her outward voyage on the 26th, when the Elbe was entirely and left the same evening , free from ice. [PRICE SD. SIR WILLIAM NAPIER AND THE FINANCIAL REFORM ASSOCIATION. TO TELE EDITOR OF THE TIMES. Sir,-It appears that Sir William. Napier is not satisfied with having been answered by the Financial Reform Association, nor with having answered and refuted himself. He must still write, and still de mand to be replied to. He charged the association, by a garbled quotation from Tract No. 4, with pub lishing what was untrue. The association quoted the whole passage in reply, and gave their authority for the facts—the Parliamentary estimates. The tract stated that the money voted by Parliament for the " clothing" the a rm y did no t prov id e th e soldiers with all their clothes, but only with a part of them, and that they were furnished with the remainder through the quartermasters of regiments, in payment of which their daily pay was put under stoppages. Whereupon he and a colour-sergeant proceeded to. tell how coffee and sugar for the soldiers' mess were bought at shops, and how a corporal marched the cooks or their deputies out of barracks to buy those articles ; and next he went at great length into the regulations relating to district courts-martial ! The association stated that the quartermaster and his chief, the clothing colonel, had the clothing and equipment of the soldier between them. So they have. They may not be joined in business, nor divide the profits ; but the soldier is divided between them. By showing that the soldiers go to the town grocers for coffee and sugar, it is sought to be inferred, if the statement have any meaning, that soldiers may provide them selves with " regimental necessaries" at whatever market they please. Articles for " messing" are not regimental necessaries, though they be the necessaries of life. The soldier in all his "necessaries" must be regimental. He must take them from the regimental store; a penny iron spoon at twopence; a sixpenny knife and fork at tenpence, or a shilling, and so forth. And these are the facts which any private soldier will testify to. So with changes in the kind and fashion of the " necessaries ;" the unworn, or halfworn article, when a change of fashion occurs, must be replaced at the expense of the soldier's daily pay. It was stated that the clothing-colonels of regi ments derived a profit from the clothes furnished (their pay being about 86,7001., and their profits about 75,0001.) to the regiments. Whereupon Sir William Napier proceeds to tell of the "checks" that are placed upon those clothing colonels to prevent the issue of bad or inferior clothing to the soldiers, and ends by stating that three regiments, and, he believes, " two others are in the same predicament," have been served with bad clothing (query, low-priced ?) by their clothing colonels, notwithstanding those checks of " inspectors," and "a board of general officers." And because the Financial Reform Association have not thought fit to keep up a controversy with a con troversialist thus refuting himself, he again writes, and demands to be replied to. His demand for a reply shall be met, but not by following him into questions relating to the internal discipline of regiments, which have no connexion with the financial questions at issue. The letters re ceived almost every day from soldiers, since this dis cussion arose, amply prove how deeply they are aggrieved by the system which Sir W. Napier ap proves so highly for the " protection of the soldier." But instead of quoting them, the association prefers to quote the evidence of the clothing-colonels and army contractors examined by the Select Committee of Parliament in 1833. Sir T. M. Brisbane, at page 292, is thus reported : " I am fully aware that by Government contract ing for the whole cloth required for the army, in place of these contracts being made by individuals, a great saving would be effected for the public, and a more uniform and at the same time a better quality of cloth might be the result, as, from my experience in inspecting regiments, I have perceived great va rieties in the quality of the cloth, as a'so in the. colour, from not having been so well dyed in some as in others." In page 293 of the same Parliamentary document, Lieutenant-General Sir R. H. Vivian says, of the clothing system as then and now in operation : " According to the present system, the interest and the duty of the colonel are at variance. his in terest is, that the least possible expenditure should take place ; his duty, that his regiment should in every respect be efficiently clothed and appointed. It would be idle to deny that instances have occurred in which the latter has been sacrificed to the former." This ofl'icer, • however, like all the other clothing•co• lonels examined in 1833, did not see how the system could be changed to afford a " saving to the public," and for this reason,— " As respects the colonel I see not how his in terest is to be protected. Upon what principle can the allowance be determined which he is to receive in lieu of his off reckonings? If on the average of the present reduced establishment, it is obvious it will be unfair upon him, for it is well known that in a war a regiment is worth double as much as in peace." And again he says, " The difficulty arising out of the interest of the colonels, and the much greater advantage derived from regiments in war than in peace" (by the men being killed off,) " appears hard to meet." But there are also the saddlery and other " appoint ments " in cavalry, out of which profits are made. Lieutenant-General Fane, clothier, saddler, &c., to a cavalry regiment, gives (page 279) a reason why the saddlery should be furnished by the colonel rather than the Government—why the profit should belong to the colonel rather than " the public ;" a reason which expresses an opinion of the honour and good sense of regimental officers such as " the public " would not have expressed of them. He says : " Under present circumstances the officers of a re giment feel an interest for their colonel, which leads to much care for his property ; I think the same amount of care would not be extended if the articles belonged to the public." Whatever military men in the pay of the public may think of such reasoning, the public, who bear their burden, will not fail to understand it. As every clothing and saddler colonel of tliose ex amined by the Select Committee in 1833 admitted a possibility of a change in the system, only on condi•. tion of their being fully compensated for their loss of profits on " off-reckonings," and that not on the scale of peace profits, but in anticipation of war profits in a time of peace, there remained no reason to seek a change. The Lieutenant-General just quoted says,— " There is no doubt that a change may be made without any detriment to the colonel, supposing his compensation be made fully equivalent to what, on an average of peace and war, he receives." But the reasoning of the Duke of Wellington was more effective than the reasons of all else in prevent ing a change. Ilis eminent military services and high position obtain for him, and entitle him to, much consideration. He occupies from page 273 to 278 inclusive in contending for the continuance of the emoluments of clothing to such general officers as are selected for those rewards, and for the continuance of the sinecure governorships of garrisons, such as Hull and Scarborough, on the ground that a change of system would require an application to Parliament for money to reward the services of those officers. "It is needless," he concludes, "to point out the evil consequences which would attend this novel mode of proceeding," (the novelty of applying to Parliament for money to reward officers !) " as well to the army as to the King, to his servants, and to the constitution of the country." The argument of the " constitution of the coun try" settled the matter; the system of clothing and tailoring continued, and the country was saved, not from the expense, but from the destruction ! General Maitland gave a reason, page 281, why the system should be altered. He said— " No saving can be made without subtracting from the colonel. No saving can be made by any sub traction from the soldier; therefore, no saving lo c t a_ can b() clothiers made other than by saving the profits the c have gained." And he to the regiments to be made up by so badly clothes are This he proposes to effect by sendtihnegmtehne. material 3 alludes to the fact that the of getting them up sewed, through the cheap e n u a t l t i t n o and(to afford a large profit to .. b n o el t s h ), offi th c a e t rs th a e n y d i h s a a ve se to ns b ib e le re s s u e bar eintig_oant theth their r regiments hands n ; this mannerthge that l 0 men have so much !pare g v ; d st o i n on a , r t r s i l e r v i e: ob tainra ek , andand seeing rationalng that 1 officer is to "obtain trbeecrehaiatiboenstsoddeisffiti when he becomes According to S' \ i nt' a re giment,"mes a ma' jor ir tarn Na pier, n b e i r t a ion aaonnfddt, seeing, ea tailoring,aeneet regimental that the clothing colonels are imposed on by the manufacturers, and do not know bad cloth from good, the sooner regimental officers get into practice the better. The bad sewing of the army clothing is no small grievance to the soldier. It is now done by women, who have to find the thread they use, and who, „earning their miserable pay, have as much reason to be dolorous with the " Song of a Soldier's Coat," as with the " Song of the Shirt," the less pay to them the more profit to the tailor-colonels. (And the more safety to the "constitutiun of the country.") Mr. John Pearse, one of the contractors, who gets up the clothing for the colonels, says, page 70, " It is impossible to say how many people are em ployed. I should suppose, as to the common work ing people, many thousands. We have no means of knMing the number, because persons take from ils • the materials for a given number of garments, upon an estimate which we regulate. They get the gar. v ments made up in St. Giles's and the lowest parts of London, at a rate so cheap it would surprise persons. I should believe that as many as 8,000 persons were employed in that way." A statement which appeared in the Times not long ago, showing the wretched earnings of th e women who make up the army clothing, 6d. for a pair of trousers and a shilling for a coat, will bear witness whether, when the poor semstress has to find thread out of that sum, the garments are likely to be w e n sewed. But, says Sir William Napier, " the colonels have no interest in sending inferior clothing to their regiments." If not, who makes the contracts which afford them a large profit, and the semstress 6d. for a pair of trousers and ls. for a coat, leaving her to find. thread ? Sir Hussey Vivian said, the interest of the clothing colonel is one thing, and his duty is another. " But there are checks," says Sir William Napier; " there are the Inspectors of Army Clothing,' and the Board of General Officers:" To this the Financial Reform Association replied in their previous letter in the Times, that 11 out of the 19 officers forming the board were themselves clothing colonels, and the remainder were major generals, looking forward to be so; persons all into rested less or more in getting the clothing done up cheaply. But Sir William Napier returns to the " checks which protects the soldier." Inspectors of army clothing have no interest in the emoluments; look at them, he says—well, let us look at them. Let us see them as those see them who know them best— the contractors who supply the clothing which they inspect. Mr. llebbert, a contractor, extensively concerned in supplying the clothing-colonels, says, pages 7,5 and 76 " I consider the whole system of inspection very defective." And again— " I consider, firstly, that the inspectors of the supplies furnished by contract are men not to be sufficiently depended upon, and that they are open to influence ; and the experience which I hare had warrants nee in saying that their decision has in many instances not been correct, and that they have taken articles which ought not to have been accepted. . . . My remark applies both to the Government and the East India Company. I have had articles rejected partially. I never had any rejected So as to prevent the completion of my contract, but I have had great trouble sometimes in getting my suppliea to be accepted. _ " Q. To what caws do you ascribe the trouble you have experienced in the performance of your contracts for the inspectors ? " A. To the loftiness of my own conduct towards the inspectors, as I never cared to ingratiate myself with them. Indeed, I have never personally had anything to do with them, as I considered them open to influence, and have, therefore, invariably set then' at defiance. " Q. Then you ascribe the occasional rejection of part of your supplies to your neglect of the means to which you suppose others have had recourse ? " A. That is the impression that has prevailed upon me. Mr. Hebbert then proceeds to give instances, its detail, too long to be quoted here. Sir William Napier, in his last letter, is at some pains to show that colonels are not horse dealers, and quotes the regulation price and age of the horses. The " regulations" as to age prove nothing. The observation referred to cases in which the regulation is departed frum, and younger horses are purchased at inferior prices as a matter of profit. He says, the horses are purchased by the lieutenant• colonel, or for him, and not for the tailor-colonel. It is said that this is not so in all cases. But if it were it is only a quibble, so far as the financial question, and the tax payers are concerned. I believe, although the association is unable to ad duce official evidence in support of their statement, as in the case of the army clothing, that the matter stands substantially thus—A fixed sum is paid by the public to provide horses, and part of this sum is pocketed by somebody, it being well known in ca valry regiments that horses younger than the regula tion age are introduced, and equally well known to those who breed and sell the horses to the cavalry regiments, that prices very considerably lower than the " regulation' prices are paid. It matters nothing to the tax payer whether the tailor-colonel or lieutenant-colonel pockets the difference, and incur the reproach of horse dealing;with the public money. The burden on the taxes is more than necessary if the horses be as good as required. If not so good as required, then, as Sir Hussey Vivian said of the saddlery, and other cavalry appointments, " Interest being at variance with duty, the former is sometimes preferred to the latter." If the assertion relative to horse-dealing, made in the Tract N o. 4, be incorrect, the association are quite prepared to withdraw it when better proof is adduced than the army regulations; but they have stated it as a matter generally understood, and they give Sir W. Napier the benefit of his denial of it. As the association have no personal object to serve, and have come before the public rather in the capacity of financial, than of army reformers, they will not permit themselves to be diverted from the pursuit of their main object by any controversy which rather deals with details of a branch of the service than pro ceed on the broad ground of retrenchment, by expos ing abuses and mismanagement in the system itself. I must therefore decline all further notice of Sir W. Napier's wrathful letters, leaving the decision on the merits of the case to an impartial public, who doubt less will be slow to believe that a man who loses his temper has the best of the argument on his side. I am, Sir, your obedient servant, Liverpool, Jan. 29. ROBERTSON GLADSTOICB. n taking down, a tew years ago, in France, soma portion of the ancient chateau of the Roque d'Ondres it was found that the extremities of the oak girders, lodged in the walls, were perft ctly preserved, although these timbers were supposed to have been in their places for upwards of six hundred years. The whole of these extremities buried in the walls were completely wrapped round with plates of cork. When demolishing an an cient Benedictine church at Bayonne, it was found that the whole of the fir girders were entirely worm-eaten and rotten, with the exception, however, of the bearings, which, as in the case above mentioned, were also com pletely wrapped round with plates of cork. The fixings were completed by a layer of greasy-feeling elly, inter posed between the cork and the masonry, and the parts of the walls opposite the ends of the timbers were of brick. It would be very difficult to believe that these extraordinary instances of the preservation of timber were not to be entirely attributed to the cork plates, the impermeability of which is well known, since the sub stance is not only used to contain different kinds of liquids, but also to close bottles containing spirituous liquors. With experience saying so much in favour of a process so simple and inexpensive, it must be acknow ledged that it deserves to be tried, more particularly for buildings of which we are more than usually anxious to preserve the timbers.—Artisan. _ HARBOURS OF THE SOUTH AND WEST.—The pro ceedings of the Cork Harbour Board, at their meeting on Wednesday last, should be a topic of congratulation to many of our friends. The petition drawn up by Major Beamish, and adopted at the meeting, should re ceive universal support. Nothing can be of more im portance to our seaports than the obtaining of a General Harbour Act, and we trust no exertion will be spared to obtain it, The suggestion relative to the Coast Guard establishment likewise deserves every man's attention, if it were only on the ground of common bueasnity. --. Province of Monster, POSTPONEMENT or MR. MACAULAY'S INATioltir: TIoN AS LORD REcToa.—The inaugura 1, c' n'versity is, Macaulay as Lord Rector of the Glasgow chilefly to the we learn, postponed for the present, prevalence:of cholera, and to the prolong the the classes. It has also been . reso led ofParliament at Eas ter, until after the r s is o in g f several eminent friends ter, in obedience to the wishethe occasion. cotoseTutgeont thinness of placesugu who desire to be present on expected to take about rthaetiou n i m le a le y, o Bad Legs of Fourteen Years' [ADVERTISEIN , LS illiollow ay's Ointment and Pills.-- Duration Cared bY of Pentney, near L therefore,fApril. be Mrs. Priscilla Waters, Lynn had been sufferer for upwards of four` a dreadful of the faculty h iten years with bad legs, which seve ral had ' a‘. tried to cure, d' • igesti but without success; h e r on via , much i m p a i re d , and at tim es she was quite incapable of attend' to h ing er household affairs. As the medicines which she had been taking afforded her no relief, sh e was r ecommen d e d to try Holloway's Pills a n d 0 t in ment, by the use of which she was completely cured, twelve months past s h e h and for more than has b domestic duties, and cou ld een able to attend to her mile; with eas e , —S o l d , if necessary, walk 10 or 20 Holloway's b y all Drug g i s t s , and at Professor Establishment, 244, Strand, London. [ADYERn sEatENT.]—CARRIAGE FREE.--Families and economists residing in the country will derive con siderable advantages by purchasing their Teas and Coffees at the wholesale warehouse of Mansell and Co., 2, Bucklershury, Cheapside, an establishment expressly devoted to the interests of large consumers, who are supplied at the lowest wholesale prices. Six pounds and upwards delivered free of expense to any part of Eng land. Lists of prices and samples forwarded free on application. Where parties are unknown to the firm, a rel (Tyne° expected. [ADVERTISEMENFJ —DEA/NESS AND DEFECTIVE VI. SION.— 39, Albemarle-street, Piccadilly.—Ncwly.invented Spectacles, Invisible and all kinds of Acoustic Instruments for relief of the most extreme deafuess.—Opera and Race Glasses and Telotcopes- - Pao onized by Field Marshals ; it George Nugent and T. Gros venor, Generals Sir Edward I'aget, Sir Evan Lloyd, Sir John Keatings, Maiston, Frederick Goodfellow, Clayton, f(i_r . - rison, Dyot Robertson, Mackenzie, Galway Biggs, She o d de, and Sir P. Maitland, Woolf, Murray, Walker, Fox, Price, Lindsay, and Thackray, Major-Generals Sir John Rose, Sir James Cockburn, Sir James Russell, and T. 11. Blair, Auchmuty, Baltine P. Fyers, D. Mackleod, Hamilton, Turner, Wemyss, and Cook; Lieutenant- Generals i Sir Henry Bouverie, Sir J. Macdonald,. S Sir T. Dallas, Sir Wm. Eustance, Sir Ed w ard Eamon, and Buller; Admirals Lord John Hay, Sir G. Cockburn, Sir George Mutiday Sir George Martin, Sir James 11. IS faitshea, D . Sir Gold, Sir Edward Codrington, Ross, Alexander, Curzons, Torapkins o , Hollis, and Price ; V ice- Admiral Sir F. Austen ; Rear Admirals Brown and Ribouleau, the lion. J. Percy, ice. Also power fld Achromatic ;Telescopes, Opera Glasses, and Microscopes.-- Caution—Messrs. S. and B Solonaons, opticians, are net Sr. any way connected with a person putting up the same name in their immediate neighbourhood. To prevent mistakes, be cautious, and , observe—To be had At 39 r 411/0 "" t " t h r"illyi QPP" i te 4 Tea ki9tel. T° G 0 L D-s EEKER S. If we only believe half the tales that arc told, The people have struck on a region of gold. California's destined to prove a great spot, Unless some mistake does its prospects now blot. The Newspapers certainly teem with accounts Of gold that is found in prodigious amounts. We hope lhat the masses now bound to the port, Will find in gold-digging most lucrative sport; But we think it far better to save money here, Than seek it so wildly in a barbarous sphere. Now, if you wish for gold, lIYAAI saves you immense, In buying his clothes there's but little expense; His profits are trifling, his commerce so vast, That others opposing, In darkness are cast ; They cannot compete with L. IIYAM in dress, And hence the great secret of all his success. His stock is unrivalled—his prices are low A visit to him is refreshing just now. For years he's wrought wonders, unheard•of before, But now they're eclipsed at his wonderful store. LIST OF PRICES. READY MADE. X s. d. Chesterfield Overcoats— .......from 0 10 0 Albert Capes, new style 1 1 0 Parisian Sacs• • .... ••••• • • • • • ..... . Devon Driving Capes, waterproof 2 2 0 The Improved I'aletot, an extensive assortment 1 5 0 Palandran Walking Coats 17 0 The Registered 5h00ting........ Dress Coats.... •••••• .. • • • • .. Thihet Vests .. Black Satin... ..• White Marcella, for dress .. ....... ... Tweed Trousers 0 6 6 Fancy Doe ..... ............... ••..•• • • •• 0 9 0 Black .. •••• .. • ....... .• ...... • 0 10 0 Tunic and Hussar Suits ......... ......... 1 1 0 Winter Blouses •••••• • • .• MADE TO MEASURE. Superior Paletots ...... • • .............. from 1 10 0 Driving Coats. .. ........... •• •• • ••• • • • 2 2 Double-milled superfine Overcoats, of every style, beautifully made and trimmed 2 0 0 Dress Coats....., .. • • .... • • ............ from 1 10 0 Doeskin Trousers, any c010ur.... •••••• • • • • • • 0 15 0 Black Dress Do. .. •• •• ...... • • ••••• • • • • • 018 0 The most beautiful and newest design in Vests 0 9 6 Boys' Hussar Suits ••.. • • ..... ••"••••• • • •• 1 1 0 Tunic ............ ..... .•••••••••• • • • • • • • . 1 5 0 An immense variety of Mourning, of every description, kept con stantly on hand. Hats, Caps, and Hosiery at proportionately low pri ces . A single trial will be sufficient to convince any individual of the benefit they will derive from patronising L. lIYAM, Proprietor of the Pantechnetheca, 36, Gracechurch - street , London. No business transacted on Saturday until the Evening. 34 0 31 0 27 0 31 0 58 • 0 50 0 37 0 38 0 27 0 27 0 26 0 24 0 23 0 401 b, s per ..o° .° _- J;. ri• 4., of outh' Of id. rron - flea• eau ° ober , " 3ges" rt ri ld U ; P ,jn ../' Zell' e All nt, , to irr les ollg 9