The Express.
London, England, 1852-08-31 00:00:00

X/59 15 1 COG 0 0 l 55 IS 1

Leennintiro7'n;l;vg 214wn- Croatia.
Power ens owl tenenee ta, nt
end Ripll,ll Grne- of ay Duty
of Rolling ins and and
Steck. Charges. Bta•. man. Rea a. Trtal.
Half-year end- t e. d. d. Ya. d. E s. d.
Inn 30th
June, 1h52 . 1,042 9 1 1,025 1 1 631 17 3 133 11 11 1,475 19
11.1f-yeer end-
ing 10th
June, 1951 . 1.511 1 1 1,9010 6 319 11 2 111 911 3,115 IS $

Sans 130 £4O 75:36 91 Lid 9 0 5.:1:6 16 4
Taking the increase or receipts and decrease of expenditure
together, there is a cliff...tepee of 9221. 1 is. 60. in favour of
the last halt-year's traffic account. The chief saving has
been in the coin of coke, arising mainly from the traffic
I being now carried on with smaller engines, but also partly
from the company obtaining a limited local supply at a
much learn price. No arrangements will be neglected where-
by a further reduction of expenditure may be effected ; but
when it is mentioned that the whole cost of train per mile
run, including locomotive power, repairs of rolling stock,
and coaching and general charges, dues not exceed 110., it
is evident that the future success of the railway will depend
more upon an increase of traffic than a reduction of working
expenses. Such increase may be looked fur upon the open-
ing of the tunnel, whereby a junction will he effected with
the railways to the north ; and a much more material in-
crease may be expected to follow when the coast line iacom-
pleted from Ulverston to Lancuste., by • hich the route
from Wbitehaven and the greater part of West Cumberland
southward will then be by this company's line, and be
shortened nearly 40 miles. Sufficient progress, however,
has not yet been made with the works of the Ulverston and
Lancaster railway to enable a precise ',idea to be formed
of the time when they will be finished. The following
directors, via , the Earl of Lansdale, James Clay, Esq.,
Stephen Phillips, Esq., and Peter Fisher, Ext., retire from
office at the present meeting, but, being eligible, they offer
themselves fur re-election. S. J. Waley, Eq., also retires
from the office of auditor, but, being eligible, ffers himself
for re-election."

[A number of accounts were appende 1 to the report,
but their general results are embodied in the document
itself.)
After a short conversation, the report was uhanimonaly
received, and the retiring officers reelected. A vote of
thanks was then given to his lordship, and the meeting
broke up.

BORDEAUX AND CETTE RAILWAY.
Yesterday persons interested in the caution-money
of the late Bordeaux and Cette Railway Company met at
the London Tavern, for the purpose of receiving a commu-
nication from Mr. Alderman Sslomons on the subject.
Mr. SALOXONS, on taking the chair, said that at the time
he had called the present meeting, he thought it would
have been in his power to have communicated some terms of
settlement, for which they were all so anxious, and which,
though they might not have met the wishes of everybody,
might yet have been deemed not unsatisfactory. But he
was sorry to say that on Wednesday last he received a com-
munication from Paris from which it appeared that *one
difiiculties occurred by which the final settlement of the
question was likely to be delayed. He had, notwithstand-
lag, thought it to lse his duty to convene the meeting for
the purpose of advising with them as to the proper steps to
be taken for a final, and he trusted a satisfactory, settlement
of the question with regard to the caution money. He did
what he thought best for their interests, and he did not
wish to shirk the smallest amount of the responsibility that
beloneed to him as a principal party in conducting the ne-
gotiations. Me might, if he thought it for their interests,
give many details which probably might be disputed, and
which in the end would only tend to throw disunion
amongst them, and delay still further a final settlement of
the questis n. He would, therefore, abstain from doing so;
but he might give them this amount of eons -lotion that the
Minister of Public Works in France, finding it impossible
to reconails the differenees which Prevailed on the subject,
took upon himself to deduct five millions of francs from the
subvention given to the new company which, he presumed,
he held in reserve for the future settlement of the claims of
this company when they agreed as to what they were in-
clined to take. The chief difficulty in arranging the ques-
tion anise from the legal position of a gentleman in France
with regard to the winding-up of companies that an
official assignee did in this country. That gentleman
differed about the terms. He thought he was the only
legal party to consent to compromise the claims, because it
was intended to settle then, by • compromise. It was in-
tended that the new company should have, by way of
compensation, 4,000,000 francs from the state, and they
were to satisfy the claims of the old company, the Minister
s-f l'ublic Works deducting 6,000,000 franca from that
amount for this purpose. This was a broad outline of the
case. He would advise them not to enter at the present
Imating into any discussion of the past, but to consider
what was best to be done for the future, and with this
view he should suggest that two, four, or five men, of
known character and large interest in the matter, should
be appointed, to whom they would confide the teak, trust,
and responiibility of bringing the question to an early and
he hoped a satisfactory COtICILLSiOLI. The chairman then
proposed that a committee, armed with full powers, be
appointed for this purpose.
Mr. LINDO seconded the resolution.

After some coon nation,
Mr. GOIDALL• proposed that Mr. Kennard, Mr. Field,
Mr. Oliveira, M.P., and Mr. William., in conjunction with
the chairman, be appointed as a committee to conduct the
negotiations with the French government with a view to •
Large and early return of the caution money, which was
agreed to.
A vote of thanks to the chairman terminated the pro.
esed
mn.LOMONS said that, the meeting having terminated,
he had no objection to state that his interest in the new
company wee lees than in the old one. (hear, hear.)
- - -
THAMES HAVEN RAILWAY AND DOCK.
The ordinary meeting of this company was held
yesterday at the °Swain Balingliall-street.
Mr. LOWDIPI took the chair.
The Samsun! read the report, true which it appeared