The Express.
London, England, 1855-12-12 00:00:00

THE EASTERN COUNTIES RAILWAY
EXPOSURE.

Tril MINNOW 171.1701.—MILANCHOLT COINCI- ;
amres.—lt may be ia the mesileedes of unsay of Ger
readers, %bat Om wife of Dr. Bleekerell, of Cresbnek,,
Ent. died is Lb* present year, • few mambo after making
• Ghia fee owe of tea Dummy Mabee tbst were promoted
is July lost by W. IL Alarwertb, E.q. Tbere seer t^ be ,
• Mato etteadief the dein, se the eoweeary to Me ear
imbue bag • ormsoosteetiee beer •Merromt, who
ir • melt regeerkM iadividoal, reeklime M Geresorieb,
Kest. es 4 lobe. lied bus vassal to Ms we
sad
OM bed festli* the mesh- withei-Ime Melt has Mr.
Massie* Is 1111 a. posited Is see* dwiike
biased( to=froeitar =Cot ealtioaf es ems
liters It se hews
Oreteselth, Doe. 7. I,llllL—lket 1 my peletal
ado le Wass es ot the &mem et fey helm elle ; the
elan ell be epee to whom Hew Ins Me the
Wrest Mews tee leas seems Kb* Ito • liessellst sew
erre is pewee. Wel, osa aleeteldee. Ilea dolma mend
Wisest July, Douse+ week here lea • Ail es.
mob bed she for your poem eteetesse miles •
se beim I se, a% I'. Ms"

We proceed with our analysis of the evidence
printed by the Committee of Investigation.
The farther evidence of Mr. Brace (a director), on
the 25th of September, refers to the removal, through
the representations of Mr. Waddington, of the own-
pears banking account from Messrs. Dennison,
Haywood, and Co., to the Union Bank. Mr. Wad-
dityboa charged with having on several onellialli
tad the terms offered by the Union Bank.
)Kr. ace that the Board, in their financial ope-
rations, noted under the impression that the Bank
allowed tee terms stated by Mr. Waddington. They
have frequently taken from the bank large sass, in
ens instaaos 100,00 W., some weeks before they re-
quired the mosey, under the imprention that they
would only lose * per cent. per annum by so doing,
VISA they actually lost 2b per cent. pm
allinien, as they afterwards dissevered. Who.
the isms committee learnt *het the Isaggei
Wine is reality so different, Mr. PaMesee; thel
deputy shelesms of the committee,
partiesisely charge of the manors!
=sr extreme surprise, and iss=led"a the
(Mr. Waddington) on what meads he bed
led the Board to understand that a different arm .
meet had been made with the bank. The Cliainems
stated that the bank had met a letter to that Abet,
hat this letter weld not be foetid. The Bask wee
OW applied IN and, as already
hums totally different from those reprliiihy.g.
Waddington. Mr. Brave sesstiene gee oceptc
One, in replying to a sisaavbeider at the
ellestisg, who Assisi to the large balance kept at
.the bask, Mr. Waseca alisesed him by stating
that the eampany were allowed interest at the rate
ofdmeamtless than*, Witham rate of the bank
On the filth of September Mr. Waddy, book-keeper
to the company, reported that he had examined the
stores ledger, as requested by the Committee. He
found it in a state of the greatest confusion ." This is
the book by which the amount of the stores on hand
at the en of each half-year should be ascertained,
but this it has been impossible to do, from the uo-
finished state of the books. In almost every instance
**totals of the various articles in the stock ledger
byre not been cast up and balanced. Mr. Waddy
Ned not find that a proper balance had bees street
hem July, 1861, to June, 1865, yet the amount set
dews as the balance of stores os hand at the end of
each of the intervening half-years cannot be correct
without such comparison. Mr. Waddy declares that
no reliesce can be placed upon the truthfulness of
these balance sheets, which were presented to the
sherebolders, as regards that portion relating to the
stores. Respeothig the mods is which the company
obtains the amount for "old alms" sold, Mr. Waddy
explains that they are taken credit foe by the stores
t is their balance dime at the end of each
department
In the years 181111 and 1864, the "old
store' produced 8,8891. The amounts of the sales of
Ithess skesswere not laid berme the shareholders at all.
Mr. Gieskiedepattesest, it afpars, has been credited
Iwith *moment arising teem the sale of that portion
of the ey doss esergehiaglisses, timber, and tree
tat all esellb oissmiAlog to mere than two-thirds of
the WINK
assidessa as regards the number of the visits of
MOWN,. Quitter, Ball, sad Co., the professional ana-
-1 lees, Mr. Waddy says they attend only at the end
At sash bell-year, w the balammeheets are sub•
omitted by the directors to the auditors, unless they
aee spWally summoned in the course of the half-
year by the auditors. Last balf-year Messrs. Quitter
and Co. attended once, and at the balance. The sum
paid to this firm is 200 seas ayear. Their agree-
ment comprises the vedseatioa of the accounts and
the superintendence of the half-yearly statement.
Mr. Waddy's eisalteetiset eseidades as follows :
Q. Is what way we assegais wailed —A. They sell
for my heels, eiM 1f they bare say dealt sheet say hems
they Ire isle Ms mem*
Q. Is It UMW to the /—At. Tee.
Q. If their day had been mere 'acing*lr
wield set the mon we have detailed bass me
IL It they bed lavestigated the sesewate the Way
whisk the esweelMes are sew deism they guild.
Mr. Owes, the seseetezy, was mixt examistizad
e.
tree*teleled the abeemstanose under widish
W~oe, Awksoes. Paterson. and Lei} A•
Paget, as remands, the Eastern Counties bard
allotted to themeless 1,091 Tilbury extension share;
(with the essandes of 50 given to the secretary). The
market vales el these shares at the time was about
21.5 e. per aloe pentium. Mr. Owen is "not aware"
that there her nontleeme made any communisation tol
the general beard that they had received these shares
se ssesebere of the committee representing the Easton
timed= board. The amount of Eastern Corinth*
doe which was held by these gentlemen at that
time was an fellows :—D. Waddington, 25 shares
Lad A. Paget, 100 ; B. Aadersoo, 100; R. Paterson,
emie.
Oa the 27th of September, Mr. F. Ransoms, coal
merchant, of Ipswich, appeared before the Com
mitts, to complain of the rates charged for the car-
ds. of coal, and of the unfair preference given to
the Naha and Eastern Counties Coal Company
(is which Mr. Gooch was a partner). Mr. Ramose
asses thenin oonseqesese. the seal importations for
the fleas six months of 1855, as shown is the Ipswich
de* Weise, exhibit a deficiency of 21,737 toes, or
oboe 419 pee eat,. eampared with the corresponding
peeled of 11153, Mt. li.ueme also rotative@ that
May of the seallemesealem es the line acted as
snots for the esal wasystre, mileiting orders, taking
sem and receiving eoussississe thereupon.
At this period, the Committee, having learnt that
the "Distant Unioo Company are still sudeavnring
Si let Ile line from 'peened% to Woodbridge,*o sent
the ildirwhig resolution to the board of directors :
use—chat the beard et Mimeses et the leetare
Colonise Itatierey be stresily reetenmembed see es amealee
Si say way the lassies el the lisle tom Ipsrese es Wes.
nEcall that this sesimmey de net at meow laser any
is mesa of et eel eine may,dgy.
On the 28th =her the goods
intansger was with mim bee
eos to the
upon Lowestoft, Harbser. Hr thinks that Tanen&
would afford all the asennenededes necesiery tokeep
the fish trate hitherto corded cm via Lowestoft, in
the hands of the Imam Counties Railway Company.
The cattle imported at Lowestoft in the last six
months of 1864 realised in carriage 2,6721. If charged
at the ordinary rates of carriage, as charged by the
railway company to the Norfolk rushes, this sees
would have Wu raised to 6.9561. Is answer Si do
Committee'squeetioes Mr. Moseley states that seek
and poke are brought from Peterborough to Stratford
and other places ea the lies for the use of the loco-
motive department of the company and other pur-
poses, bat that so charge has hitherto been made for
this carriage, although the sum in the course of the
last twelve months would amount to several thoesaad
pounds. The evidence proceeds thus:
Q. It the varies* el tide seal sad ate had lees &tried
weeld it set have inersesed the ezmese in the lesseetive
tt—A. Tea. Indolleilr.
Q. Le there est a eseditsalls seesal detetieratien is the
Wee et the omens wed ter them rupees —A. Tee.
Q. Is theft say Owls made to the imensetive Awar►
meet he this No; widow far mileage ran me fee

isteiter.tion.
At the company's workshops at Stratford some
very complete insehinery km lately bun introdeoed,
diminishing the necessity of manual labour, and
thereby reducing the working expenses of the, lees-
motive (Mr. Gooch's) department. Mr. Marley
next handed in a long list of station-masters who sot
se agents to the Norfolk sad Easters Coastise Coal
Company, and MOAVO sousuissione. Ms. Mosley
opals .asset bet think that ethos servants st the
sonspeay ere interested in the side of this stiesod, sod
thereto. assntbsoselvse of opportuni to give,
sesistasse when required. The number of the or
pots Ingres last to ths Norfolk end Easton