The Express.
London, England, 1853-01-27 00:00:00

THE EXPRESS, THURSDAY

parent Of 60;800 dollar/ Would 'gain 'the mate of the're-
=third of the Chamber ;- auk os Fliesesies wa-
it was better to pay 80,000 dollars than risk the
payment of 200,000 dollars, be misstated, and the result
was, that the bendbokteirs got only the 140.000 instead of
the 200,000. No doubt this was bribery. but it was effectual,
sad neared the %woodiness and a halt dollars sheet the
80,000; and however they might modems the proceeding
oa the ground of morality, it was a question whether in
dealing with 1101:11 a government as that of Mexico, Mr.
Falconset had not acted for the best. (Hear, hear.) The
Insolation which be should have to propene upon this sub-
ject was—" That upon the explanation afforded regarding
the circumstances alluded to in No. 4 paragraph of the
committee's report, and having heard the declared views
of the Mexican chamber, respecting these duties, and being
of °pation that if they had once been levied and jawed into
the gulf of Mexican finance the amount would not have
been restored to the bondholders and assing that this
transaction did procure 140,000 dollars to them, and be-
lieeing that in the course ho took Mr. Falormaet acted to
the best of his judgment for the interest of the bondholders,
it is expedient to adopt this transaction, although this
meeting may strongly disapprove of the principle which
governed it."
A BONDROLDIR wished to know on what principle the
charge for Mr. Falconnet's mission and the expenses of the
committee were charged in the report to September next—
that was, why subsequently to the separation of the cer-
tificates from the bonds were those expenses charged on the
general fund ?
The Citarithas replied that the funds for the purposes
alluded to were voted and set apart before any separation
between the bonds and certificates took plus.
Mr. MORGAN proposed to add to the resolutions words
requiring detailed information as to the duties set apart by
the Mexican government for the payment of the debt,
whether they were received:in money or securities ; the
names of the agents; that the government of Mexico
should be informed as to their names ; that the good Aloes
of our own government should be enlisted on behalf of the
bondholder claims, and that Mr. Falconnet should be iv
structed to obtain the sanction of the Mexican government
to the division of whatever amount might be in the hands
of the agents on the 18th of January in every year, without,
waiting for the collection of the whole amount of the
dividend.
Mr. Ric/moon, a member of the committee, explained
that all that was involved in the resolution of the slightest
moment had already been provided for by the committee.
He objected to the resolution as being a sort of charge
against the committee of neglect of duty.
Mr. MOBOAJI wished merely to strengthen the hands of
the committee. He would not, however, prom his amend-
ment. (Hear, hear.)
The Cithianur believed that any division of the money
in the bands ache agents less than was sufficient for a divi-
dend would, in effect, prevent the dividend ever being
made up to its full amount.
After a fee words from Captain ROM, another member
of the committee, the resolutions were put and carried.
The Cluing/at then put his resolution, as to the pay-
sent of the 80,000 dollars by Mr. Falconnet, for procuring
the export of the indemnity money free of duty.
Mr. RicuseoND—who stited that he had been one of a
minority of the committee who objected to sanction this
transaction, which he characterised u disgraceful to the
members of the Mexican Congres,—euhmitted a series of
resolutions, by way of amendment, declaring that the bond-
holders had a right to have the remittances for the pay-
ment of their dividends exported free of duty, and that any
expenditure incurred is bribery, under the pretext of ob- '
tainiog that right, was not only to be deprecated on moral
grounds, but was opposed to sound policy and ex-
pediency, and tended to subvert good government, and en-
courage corruption on future occasions; and declaring
that the meeting would not allow the charge, but that they
required the committee to use their utmost exertions to
obtain the repayment of the money, and to solicit the aid of
the Foreign-office for that purpose if ithosesary.
This amendment was seconded by Capt. Roes, and after
• short discussion, was put to the vote, when only five
hands were held up in its favour, the original resolution as
proposed by the chairman being carried by an overwhelming
majority.
Mr. ritIIDALIA moved a resolution to limit the committee
to seven members, and that each should hold ten thousand
stock as a qualification, which was carried, and the follow-
ing gentlemen were appointed : Mr. Capel (chairman), Mr.
M. Gavel, Mr. Robertson, Capt. Roes, Mr. Richmond, Mr.
°medals, and Mr. C. Staaniforth.
A vote of thanks was then passed to the chairman, and
the meeting separated.

THE CITY TERMINUS.

Yesterday, a meeting of the shareholders in the 1
company which had been formed to carry out the plan of
fir. Charles Pearson, the City Solicitor, was held at their
°Sees, New Bridge-street, Blackfriars, to receive a report
from the Board of Directors.
- -

On the motion of Mr. PILLISON, the chair was taken by
Mr. Amos A:wrote, who, after apologising for the
absence of the secretary, from a dogteeth" affliction, pro.
°redid to read the fullowingreport:
consequence of the very short time which elapsed
between the first announcement of this project and the
meeting of parliament, the directors were led to entertain
doubts whether it would have been possible to comply with
the standing orders, which required a subscription contract
to be sigaed, and • deposit to be made for three-fourths
of the sapital, whilst the public were scarcely
informed of the recite nature of the undertaking: but
most responsible contractors having been anxious to avail
themselves of the opportunity offered by the resolution
pared at the last meeting, the directors were enabled to
maks a very satisfactory arrangement, by which, without
may eaeriffee el capital, the subscription contract was cos
=sad the deposit of 46,0001. made in due time. The
haw Male allotted shares to persons auxiods to
=the Ilimpany ; and with the exception of those
re epseledly reserved until after the set is obtained,
so most mass segodedess, 'sly 2,600 shares remain at
*Mr dlepeset. owl he- whist Oily lave remind an &police-
d's, but hays Buttress& complying with it until the
disiebeldere WU hid es opportunity of expressing
their wham es the subject. A numerous and re-
spectable body el ahmeholdses being, however, cue-
stinted, the dleeelme feel oiled upon to ;edam
the Sage etstabsd Y the preeperlaw. that a certain awn-
bar of their body meld miss their Mess to afford the
shareholders as oppostasity ei Wadies whatever change
is the direction they might Odle. The directors
slam acquired a larger stake in the asomay, hoe detelad
,sseh time and motion to Hs Alit, sad bomb mere
easiassam with the merits of the tooderteldegg sed having
new embarked important segedadum to ludo its ob-
jests, they suggest to dm ehereriallsle that it would 'be
to
tbst the migurallittg st be the project to
as• turby amid be isisisled these Oth whose it origi-
sated the asasemsetlesed palliest who /stirs by lot,
therefore oar thisedires lee rodsodse—Mr. Burchell,
Mr. Dais, Mr. Hayes, Mr. Laren." Mr. Virtue, Mr.
White. The directors are informal by tie solicitors of the
company, that the oaten of the Beams of Parlia-
ment have bees with be elkrairros, and the
boa wary nos* that the lin erill pen through
pediment this asst***."
The lloputo Mae addressed the meeting at consider.
obis hog* la favour etas project, sad concluded by mov-
ing the adoptlea of the mom, which was accordinglyagreed
to usolomely.
Kr. MMUS Pions said that having resigned his
seat se as hemerary member of the board, he felt it his ditty
to attend the meld!' alas abersholders to express his deep
ogres OM biollflaineldes as solicitor to the Corpora-
tive of Lemke rendered Ilia retbiemat soosanry, in come.
, gasses of their being ONO a fisiml Mew from the
compeny'a bill. He hal Oilman, _poupoal this project
when a member of the Osmases Coadl. He had promoted
the measure in confooder with the express resolutions of
the Coosa COPIA pressessed swipe to its favour, aft*,
as WINO of sew yam, by diet body. The MUM' had
received the divest Inedieeny of eggoshation it the press and
the gable, eel is was sot, he to as unworthy feeling
of repot le felt when he lobed down upon the pro-
mised lead fablibli as it wore at his feet, and
food be WAS set Is be omitted to bad his fellow-
labourers he. gregiados. (Hear, Oar.) He, how-
ever, would set dwell apse the subject *opt to
egoist two ishogoalosisse which appeared to es:Olio
the sable*. Isihe MO plass, Mr. Deputy Lott had by a
letter in the weeper= abarged hien with having soil thet
the oorpoesties werolearbig the ground in Vistevistbeet
for the reespeles of the unread, whoa they were clearing
ft flea tolly allbeent pairpeo Mr. Lou ought to have
from the smears of the peeves flea which he
drew this sasesset that. se fist Do bi made such a
declaratearion,bi he hid 1111risolg delMetalthat warporation
wore dthe Osumi set hr. the WOO but for the
new street. The &Ye mbeggeshonaket of a member of the
Cosmos Osumi as that he bad erigisally proposed that
the organ shell maid into Fantesdimmtresit, whereas
he bed row iddidestes that =Ls. that it
should be BONI Is die meth of Obey. •
Os the modes of Mr. Ins, the MSS, Moto were
retdested.
J. Aassootto. in • essolimeatary speech,
mo ,
ved
" That this siesling sisserely mob the retirement of
Mr. Charles Pewees frees he ilberdes, and hopes that
• drimaisteaces will speedily noble him to rejoin it.
(Chews.)
Mr. Deputy Porous essesdell the neolution.
Some oomplimeatary voles oeseleded the proceedings.

THE CRYSTAL PALACE COMPANT.—The standing
orders have been declared otimplisil with in the cam of this
company's bill. It appeared from the proteediup before the
examiners that the sum of 400,000 i. had been subscribed for
the purchase of the estate at flydenbsm of 350 acres, on
which was being re-erected the Great Exhibition building
of 1851, with parka eseservateries, and museums for illus-
tration of the arts, sciences, manufactures, and recreation
of the pimple. The present roads were inconvenient, the
estate being intersected by one a biidle-way, called
Thicket'islane, in bad repair and little used, the other
being part of a public carriage way called Penge-road,
leading from Pease to Dulwich, steep and inconvenient,
and both roads interfering materially with the designs for
the pleasure grounds and gardens. The company propose
at their own expense to substitute better and more commo-
dious roads, to widen the Norwood and Sydenhant-read,
and purchase Dulwich Wood with the consent of the
" Master, Wardens, Fellows, Brethren, Sisters and Scholars
of the College of God's Gift in Dulwich." The eat of
diverting Thicket's-lane and Pengerroad, and widening the
Norwood and Sydenham-road, ineluding parchaes of pro-
perty sod catchments', is 17,5201.

IG. JANTJARY 27, 1853.

it..ATL)VAY

INO ORfIER&

Yeeterdey before the examiners the standing or-
ders were &eland complied with in the ease of
Baer Giture'elsee ILAILWAY.—For • railway ffoes'Eut
admitted
tote Three Bridget station of the London,
Brighton, end Beetle Curt Hallway. Mesas. Dyson, Hall,
Pukes. and Coate", the parliamentary agents, appeared for
the bill, and stated that the estimated cost of the line was
47,0001,, that the subscription list wu signed to the extent
of 40,0001., with 4,0001. paid up.
LLANIDLOES AND NEWTOWN RAILWAY.—Tbe standing
orders were declared not complied with in this case on a
technical allegation, to the effect that a cutting near a road
crossed was not shown on the section referred to the
select committee on standing orders. Mr. Wyatt, parlia-
mentary agent, stated that the proposed capital and eat of
the line would be 60,0001., and that the subscription con-
tract was signed for 46,2001.
LONDONDZEILY, COLIDAINI, AND BELFAST RAILWAY.
—The standing orders reported y day as complied with
in this ease were " not ' complied with, but on technical
grounds only.