The Express.
London, England, 1849-01-11 00:00:00

lag meeting, with rekeenea to tbe troika' tees Mrs at railway ; and
m it is neatmary kw the interest ot the oompanyos well as tar their
tedividual credit, that their ed arm in the direttio.. should be put
in preemion at the rest beds of the auk Say drabs to orer the
!Mania; observations Mr the emedderation of the landau board
Its traria amine between Killeen, and Waterbed in the yea
ISM was as follows :
of =gem, about. MOM le nualter
46,710 dim nen pee annum
Private tentage'
Boren, Mahe, Mom and pigs MOM
Butter, sore, end, timber, Iran, he
ob ut
The Milo batmen New Rom sad

-707 n—y
we-e—siOta-t— 2,000 „
Beaks tWi abowa, there ere paresis sad bans, La the 'eetehlag
depalawat; lime, wan, warble, awl maw*, as tam weds dp rt.
mat; wadeb would aaloulateday epee arm the railway, aad 'mad
!sake alept• el railway walk war the loalawlwy beads, al a
doe Weeskalatetl as tawalag apes the railway.
SHIM
Persil, mile. private earflaps. awl banes 14610
Cattle, sheep, swipes 6,489
Ocracle aid soma' mareltasatio..

Ibtil £34439 pit Bantu._ .

" Of thin usenet the Mattered and Kilkenny Railway Company
redo at present, upon eleven only rout canal:tit of the
, and anahMe cif the goods trails ; and the remainder,
Per= usual railway inermo ma en, be am est by the com-
pletion at the rolling to Waterked."The director. .ill smarter the
same views as ars cestained is mar It of the 24th Moninba test,
and re denims ot carrying them so by the resiontion of their
meals; but la eassersense of • mornmisailose wbkb they lows also
received from the soireitore to the Public Werke Loan Commis-
that event most neersorily as delayed
_omit the directors are
mabbd to be releseel from the individual Mbilitles they have con-
tracted with the above-named easunimlue."
Mr. Rates, me of the 031.140M1P, made •mstOof eaneklerable
length, in whir be went Into sow • faults am.m dby the wrecturs
at the origin of Use company, but lather denten the means the aan-
mitres now recommered, of saran the Ur eventually roandate to
the shareboknes. He went btu some extrusive 0L1M14.10161. from
which he proved that u sums as Um line rowel be weer to Rock-
milkier (6 miles beyond Theories's, to whisk WO railway is mar),
they Meta only calculate en a dub noir of 717. Is. 7d. per nay,
or Ifin. weekly. lite working ea/eases he might melon st X. 31. per
week, in oddities to whim wee Use permanent was , at about Ir.&
week, making together 481., bat to allow a attl margin he
would reekcia the expenditure to be 601.we.y Tka mod be eon.
✓equest on their making the hoe to KneekwWam, for whir Merida
were 'Orient. alter the deduction thus would mode a !alum M-
oroni of 1601. per week for the unfurtunete skarenolden. MO Return
would ring about BOMA per sanno, .ad after poke the Wrest of
the government loan of 4.1001., leave a sum of 4,17 t/., to which m_ ht
be added the 1,3001. doe trim the Souta-Eats Company, taus to.
tether 5,4701. to be divided emery am Pot Use rarstioliters,
equinkst to about tree per cent. per annum on the reduced eottaL
Inn he coosidered a fair beginning alter alt, and would brag th m
into the direct line from Waterton:l to Drain. In this ealouLttion he
reckoned nothing wh.deeer of the MAO from the memo of toe
truth-Eastern Railway, and thought It was a mtirfectioa for them to
know that the governmeut inspector based his recommendeuro tor
the loan of 63.0004 upou the Musters to be erected from the
opening of the South-Eastern Railway. The speaker ounauded by
muving the Morro of the report of the committee.—Mr. Wan so-
omtlyd motion, when, after cousiderable discussion, it was agreed
th unanienotaly.—erveriti at the directors ere explenatems, ma, atter
some lurther discussion, the oh... Tertian of the directors in reply is
the report of the calamities were ordered te be circulated. T..e rem°.
lulion fur the adoption of the report of the directors presented
at the Let meeting was withdrawn lay the error, as lillibMat the
reeoluUon for the !Genitors of a number of shares. Mr. auderien,
one of the directors, said that he ard the other members ot the board
who bad agreed to resign, were willing to do so still, bat from the
letter they bed since reueived from the solleitor to the tuveruas. ut
lean ocenrnhaimers, it appeared out he wr unwilling to relieve them
from the !isolates they bed mom into with the WWI 0uM0110,14141.
After some further Memoir in rank Mr. I.sirvulho Mr. er.usikut,
Mr. Taunton, Mr. Hiedlow, rid ethers, took part, a vote of Junks was
pasted Is the ociam.ttee of investigation, sod the meeting then se.
- -

- - - - -
CAMERON's COALBROON STEAM COAL, AND SWANalth
AithLoveuos Courant% —lrstraordoiory General Mee*. —Lontlou,
Jan. 10.—ltdr. N. P. Cameros in the anakr.—Tula meting was caked
to engender a letter wench hod been addressed L. the tharenoi men by
W. x. J. P. Camerun, in welch that gentleman had proposed that a
mac:lent sum be rais.d to effect the Great Wolin g ..red a junction
with the Llanelly Railway. IMO irs commence and to continue minims
from present mom's& during the programa of the Orem Winning, du
soon as such junction is effected teat binmell be showed to auperiu-
tend the cumpletiuo of the te maim and the nutwry, as well sie tiro
working of we co 'lay, subject tie the approval of the consulting engi-
neer end under his direct or,' to which ease be is willing to turego
all dividends on his owe shares until ell the utter sharehokierti .call
have received 5 per rent. on theirs. Cu. a need period of ernes years,
by which Uwe the sum to ts, ts,rrowetl could ear been pare uhf, tie
well as all presdng liabilities and current annual espouses, mak alter
the dret seven years, to pay toe shareboders 10 per cent. wen their
subscribed capital has been refunded, and, when refunded, the mo-
perty to revert to him.
A letter wee read from GA. Cameron, prop:wing to be present at
the meetiag. His presence having been assented to, he attended
accordingly.
Mr. burl Jun., handed in a protest from Meats Green, Hart, main
Boris, shareholders, against the meeting, as wholly illegal sod of no
effect in itself, or as to any renown no that mimic be passed at it,
setting forte the' Col. Catherun and utber nusalnal directors set e Lot
qualified to vote or take part is any of its proweesitogs, rr nut baring
paid up their calks, and further, that the wooly mane was a frauuu
lent bubble.
Mr. B,ritam moved a resolution adopting the proposal made by Col.
Guneron.—Mr. Fr-her secentled the nsuluuon.
The Chairman said that the boiled id directors had accepted the pro.
merely provisionally turd it should be adapted rrieetea
Cr titirsharekoWers at the preset medium—Mr. Teeerthani said that
the whole of the board of directors had not antenna to the proposal.

Mr. burls having renewed his proton against the log lily of lice
meeting. the whole of we proceedings M which be ocrossiteree wholly
nugatory, proceeded to warn the suaretnieure against sementura to
the proposal of Colonel (Amerue, and eatemd tutu a Meg detail of •
alleged Illiallanagement inn mieezpenditnre on We part ta those who
had hoe the manegement of the company's affairs He aloe im-
planted of the mariner to which tan e of the sharebothers, Marrs.
Lund, Teverehant, and Hart, had been induced to lend money to We
company, in the persons ul its directors, on the faith ut a aresuranoe
hum Mr. E derton, the solicitor to the company, that they alight
legally do so, Whereas, on the case created be ore toe Court of Chan-
cery, it we at gum declared that under the Join Stock Coin rairics
Act the an of mosey ureter ouch eircum truce wee quite illegal.
Mr. Hart. one of the parties moo alien, de)ounied the manner In
whim Mr. Mertes, the ounce r.—bating induced persons •co lend
many to the company on usie stoeturot of tile promestetial aps-
ninn—had, m maw to debar 'aim Wow regaininglawir moray,
steamed ounneel upon a • atenteut of prolnal nal opinion wholly
appO•ale to that whim! he treat, in tar cost Merinos, green up in hie
professional reputation. (Hear. hear.) Tue meeting would weigh
how ter they could safely savauce A AUL more to Mr. Cameron
upon Mr. Eldertan's opinion. (bleat) As to the letter before thi m
he had rest language suolimently strong whereon to ripener his con-
tempt of S.
Mr. Elderton mid that Mears Watt, Land, and Termehata had
only rimmed 1,9004 upon security mounting in all tomes than
34We. ands) late ea Hue. hot, upon the chrecturs p miler a minutes. to
the entrain& incouvenlenee "...tithed by the omens, from the noo-
fulfilment by Mews. Mat, Lund, sad Teveshaen, those gestlemen
bad a r"olately declined Or make any further mimeses; the retire
=neat hen due to them Ming under 6001.—the difference having been
met by the trensierence to them of the soma of osLo received. they
bolding the sempany's la& all the while foe Ita,gool., the entire sum
they had undertaken to adv.eree.
Mr. Winthrop said he maid not meat to the propwal el Col.
Cameron, dm* because he regarded the property se of such met
value as to be salculead to produce to every i•Orweluider the fallen
I return for their outlay, ter tem*, the amount mailed in the pro-
•prenn. fie should propose, inetesd of Cul. Cameron's plan. that a
lam of money be mined, that the board of directors be changed to
the ealeet which might be deemed regulate, and that the new W-
I ministration should proceed vigorously to develop the enormous
wealth of the mine. . . .

31178;tailbutrellily coma, red in the belief that the mine conbdised
enormous wealth, wheat only reepuresi to be developed ander effe.tive
nweasement. Ile pat it to the eines re whether, independent of tw.y
plans of the Meows. Cameron, they bad any plan fur misting the
Coal Brosh Mine as productive as it bad been annenneed is be.
The Clubman ado that the nweetors bad a d commit be the shape
of a report, that monied teerived from Mr. &demi Deisieleh, which
showed of whet the sine was atitabe.
The deeretary then r, ad the nye t, which declared that the mine
leteld prudes', for the neat 10i years, 133,000 tuns of sold awl per
WHIM.

7t6otall r. bone said he doubted whether ell the megniteent antici-
pations could be carried tut, but, certainly, they cool not be full
realised for the neat SO years. Still, there wax uu doubt that with
prop r manna. ment the twins would yield very probtabm 'morns. He
read a crept trot. Mr. W. sedan forth that the tutor could
be put into thorowehly et Ci-14 mavition —realising a winning of MO
tone ado, Hr 14,0001., or e presenu- g • profit of .40001. per annum to
the company, and with • titer openitioue, pr.icticable for • further outlay
•of 7,0t008., an entire profit. of 11,0000. lie urged an amicable re-
. arraogiment of the emayany wits a view to the development of
Mr. Willimas's views.
Mr. Chaloiers mend, es an amendment, that the proposal of Mr.
W. B. Cameros be peremptorily reketed.—Mr. lien seconded the

iILaKLMIZI 1.
Mir. W IL Cameron declared himself ready to carry out all he had
prfessed.
Mr. Winthrop moved an amendment upon Mr. Chaloteras amend-
ment, which was seconded by Mr. Hainan, the mover of the original
'volution, but the meeting emu/aid avocet Mi. proceeding, which
Mr. burly denounced as a mete quiubi,, for the purpose of enabling
Mr. Cameron to get something, it be couldn't get all. There was a
con-iderab e uproar, in COM queue, of the chairman's persisting in
putting the sealed amendment before the Met amendment had bees
divined uf. Another long coofumun arose from the chairman's re.
tuba to take • di damn bj snow .4 bands, contrary to former practice,
and upon Mr. Chalmers pointing out that the directors in crested in
the proposal were dimmaiheo Irma 'KAI
Col. balmy moved the adj naume.4 I the meeting for a week.—
Mr. burls objec.ed to the pnipiratian. -the adj.iurnotent wan, how-
ever, carried by • majority at 1,342 to 25u totes, and the meeting then
adj unted ti I that day wet k. duds pointed out that, deducting
the rot ant Mr. W. Camino hidinelf, the Toll.* in favour of non-
adjourunitnt would hare been in the maj gay.

MONEY MARKET.

WZDPISSUAT BVINING.

Anticipations ran rather strongly in banking
quartets to-day of some ii.tendee. muvi.ment at the
Bank board to morrow for the reduction of the pre-
sent minimum rate of iuterest. Such a movement I
would appear, however, to be more than doubtlul,
seeing that money is sufficiently easy fur all purposes,
and that little would be gained by cheapening
iurther at present an already cheap market. The
Bank, moreover, has beau latterly finding some
increase of ern plot meat for its surplus funds,
whilst the pa) went of dividends, now only in
commencement, n.ust absorb a large proportion of the
deposits upon which it is accustomed to trade and
calculate to a given extent. Concurrently also
the circulation must become expanded by the
paying out of au much money to the annui-
tants, so that it would seem scarcely consister t that
t .e Batik should seek to provoke a greater demand fe.r
aceommdation, b) a diminished charge for it, which
pro Canto must is. mach enlarge the circulation a t a
time when, according to banking rules, it stir iuld
ratoet be held in check, until it coals. be
ascertained what proportion of the out-paid diVidends
would re-enter the Bark, and b come available , under
the head of other or private deposits. It is smretly
to be expected, th Mule, under the circe,mstanota
that, war. at least the r. pe)ment of its limp a on stock
and long bill" a large amount of which will probably
fall due a week or so henoe, the Lank should,
even entertain the question of reducing its
lower standard rate of interest•i very pro-
bably not even then. For the impreeemeat
of trade and industry generally now in progre-a,
by creating a gloater demand for: accommodation,
'Mould have the patient tendency rather of enhancing
than diumishing the value at missAy.
Oa the Matt exchange suet was so easy to-day