The Express.
London, England, 1862-12-03 00:00:00

PIVMPEC.TUS.

The South African Irr!Pitonand-I-avestment Company is eeta-
bliehed with • view to aid in the furtherance of those public
undertakings In the :loath African Colonies, Melodies the Cape
of flood Hops, British Kaffraria, and Natal, by which their re-
sources may be more fully developed; the result being, to the
opinion of the Directors, certain to prove most satisfactory to
those who embark their capital.
The Company's operations will embrace three main objects :
let. That of • Land sad Irrigation Company ;
2nd. That of • Public Werke (more especially a Lighting,
Paving, and Water Company); and,
Ird. That of • Trust Loan and Investment Company.
It has seemed wise to the Directors to combine these objects to
one Company, since, while all are entirely compatible, and can
be very properly undertaken under one management, the heavy
expenses of offices, directions, and servants for separate com-
panies will be thereby avoided.
The South African Irrigation and Investment Company, while
meeting the wants moat keenly felt at the present time by the
South African Colonies, cannot fail to realise to its shareholders
ample returns upon the capital.
Al a Land and Irrigation Company it will enter upon a most
promiaing field of operations. Large tracts of fertile soil along
the rivers, and in the great karoos or plains of the country, are
to be purchased at very low prices, which, by Irrigation N mks,
indams, tanks, or water-imftigs from rivers, may be gginverted,
by no great outlay, into properties many times their original
value. The government returns for Delo, of the value of lauded
estates In these colonies, show that where by private enterprise
irrigation works have been constructed on farms, the enhance-
ment of value has been from five to ten fold, and as such re-
sults have been achieved by private enterprise, yet more satis-
factory results may be looked for where labour la more organised,
and scientific skill is brought to bear.
The Company will not only purchase lands with a view to re-
sale after the construction of Irrigation works, but will take con-
tracts for the construction of like works upon government and
private lands. It is known to be In contemplation In nest Beaton
of the colonial parliament to introduce a bill to facilitate the con-
struction of a series of government tanks, and to secure on the
capital employed in such works on government land, • govern-
ment guarantee of at least six per cent. per annum.
As a Public Works Company for the towns of South Africa,
the prospect Is equally inviting. There is scarcely a town of
magnitude which Ls not now prepared to offer most liberal and
remunerative terms to this Company, to become to It a consti-
tuted Water and Gas Conran y : and Port Elizabeth 'now the
commercial capital of all South &dem Africa; caused • Mil to
be introduced into last session of the colonial parliament, charg-
ing the whole property of the town for £90,000, to guarantee et
least 45,004 per annum on outlay for works for water supply. The
Directors feel that the present ia a most favourable opportunity
fur the establishment of a Company for Public Works, and they
confidently anticipate that they will be able to complete arrange-
ments with the authorities at Port Elisabeth to become its Light-
ing, Paving, and Water Company, so as to ensures most tenser-
able
commencement of business, sad facilitate future operations.
It may be mentioned thee la towns where, by authority of local '
mucletpaittbes, IVASON•AIICS have boos ....emceed, they bars
proved sources of very large molts on the capital tureeted, and
the only Gas Company in operation in South Africa pays mutual
dividends varying from 15 to 20 per cent.
As • Trust Company a very considerable and profitable Niel-
ness can he done. It will be in position to offer very ample secu-
rity to constituents, and the following statement of selling prices
of shares in existiag Trust Companies will show what may be
done under this head:
Name of Company. Paid-up. Selling Price.

MO the NERVOUS and DEBILITATED.—
A BOOK on this subject will be forwarded, gratis, to the
afflicted. All persons suffering from the ordinary ailments of
mankind should at once send • stamped directed envelope to
Mrs. C. H., 1, Edith-street, Hackney-road, London, when • copy
will be immediately returned.