The Express.
London, England, 1853-08-16 00:00:00

their publication, with 50 adds
to save his stake ; certain win'

Age. et. lb.
Harbinger
Young England., 6 9 3
Cardineffisemart 5 8 9
Ahdallah
Mr. .5) het 3 7 12
Tavistock
Tamerlane
Allington (h b)
Little Naughty
Dew Me 3 7 8
Golden Plover
Hybla 3 7 7

led ; if eight e•eept the second
)ners cum One mile.

Age. st. lb.
Sweetheart 6 7 7
l'oritau
No Chance 5 7 4
Hampton
11 .mbletonian
3 6 12
It mualdus
Northman 4 6 12
Lina
Apricot gelding
Anglesey

ROYAL YACHT SQUADRON REGATTA.

COWES, kfosaasr EVENING.
The Royal Yacht Squadron Regatta has ever
stood so pre-eminent above ell other clubs formed for kin-
dred objects, both from the fact of its beiug the oldest este.
blished club and from the superior quality of the vessels of
its members, that it would be superfluous to dilate upoa
them, unless it were merely to observe that the present
meeting gives every promise of maintaining its well-kuown
superiority and high reputation. The beautiful waters of
the Solent are now studded here and there with a numer-
ous fleet of trim-looking yachts, with their sails of almost
unapproachable whiteness, and tacir tiny barges distin-
guishing the various clubs to which they respectively be-
long. Amongst those represented at this great aquatic fes-
tival were the Eastern Yacht Club, the Royal Victoria, the
St. George's, the Royal Western, and last, not least, the
Yacht Club of New York.

Amongst the yachts now clustering around this station
are:—The Sybil, Viking, Kathlrea, Gossamer, Shark,
Wildfire, Ariel, Gipsey, Queen, Pauline, Intrepid, Resolu-
tion, Sapphire, Bestriz, Alarm, Capricorn, Zara, Elizabeth,
Amazon, lone, Osprey, Julia, Aurora, Miranda, Arrow,
Spider, Camilla, Gondola, Gloriann, bl-squito, Irene,
Plover Ripple, Titania, Swordfish, Frisk, Pandora, Mari-
tima, Plover,
Des toy, Gent, Turquoise, Intrepid, Sapphire,
and Beatriz.
The town is now tolerably full of company, and great
numbers are arriving by the steamboats from Southampton,
Portsmouth, &c., and everything wears a holiday appear-
ance.

The race on the card for this day was for his Royal
Highneas Prince Albert's cup, open to all cutters and
yachts of the Royal Yacht Squadron. Three to enter
and start, or no race. The following yachts were
entered :

Yachts. Tone. Owners. Flag.
Mosquito 50 Lord tondestiorotigh. White, with Maltese ems
Arrow ... 162 ThorossChatuerlayae, E.q. Blue Os: with arrow.
Aurora... 60 Le Wads .nt themes, Esq. White and red trues.
0, prey... 59 Colonel Huey. Blueandwhite,thequered
Julia .... 11l W. reareib, F.sq. Red.
At half-put 10 o'clock the stifling gun wee fired, the
course being from the station vesstl off Cowes Castle, to a
boat moored off Yarmouth, back to the Nab Lightship, and
returning to the starting host, being a course of about 60
miles. Ou coming down the roads the yachts came abreast
of West Cowes Castle in the following order:
h. m. a.
Mosquito
Arrow 2 34 0
Aurora 2 35 40
Julia
Osprey
They then proceeded oar the rest of the course towards
the Nab Light, which has to be rounded, and then return
to the starting-post, but as there is at the present time
nearly a dead calm, it may resolve itself into a mere drill-
ing match home. As the boat is starting for the last
London train the result and further particulars of the race
must be deterred until tomorrow.

The inquest on the three unfortunate men, whose boat
was run down by the Medina steamer, at the back of the
Isle of Wight, on Monday last, after two adjournments,
has ended in a •erdict of " Manslaughter" being returned
against Captain Corke, and the coroner made out his war-
rant for his committal to Winchester gaol, but bail has
been accepted fur his appearance to answer the charge at
the neat assizes.

AUSTRALIAN ROYAL MAIL STEAM NAVI-

GATION COMPANY.

Yesterday an extraordinary general meeting of
this company was held at the London Tavern, for the pur-
pose of receiving and considering the report of thei committee
appointed on the 23rd May last, to inquire into the condi-
tion end management of the company ; Mr. Mass (in the
absence of Mr. Frith) in the chair.
Mr. Henderson, the chairman of the committee of inves-
tigation, presented a report, which was read by Mr. Mar-
shall, the secretary. After detailing the nature of the in-
vestigations which had been made, the report concluded as
follows :—The committee, in conclusion, earnestly suggest to
the consideration of the shareholders that no general princi-
ples laid down for the management of their affairs will be
sufficie.:t to recover their property from its present de-
pressed condition, and secure efficient management for the
futute, unless the administration be confided to a board
conversant with mercantile and maritime affairs, waisted by
one or more persons highly qualified to conduct the busi-
ness of such a company, and who shall be required to de-
vote their whole time to the discharge of the duties of their
office; and with a view of enabling the shareholders from
their own body to make the best choice of directors on all
future occasions, the committee recommend that the quali-
fication for a seat in the direction shall be reduced from
one hundred to fifty shares,.

T. W. HENDERSON, AMBROSE MOOSE,
F. DAVIS, CHARLES DOWNES, SIDNEY GURNEY.
Mr. HErrnmasole moved that the report be received end
entered upon the minutes; Colonel COFFIN seconded the
resolution.
Mr. HENDERSON moved that the report be approved.

Mr. A. Moons seconded the motion.

Mr. kfria said that the directors felt to deeply the
want of success which had attended their endeavours to
manage the affairs of the company to think it necessary to
make any recriminatory remarks in reference to the report
which bad been presented. But be might truly observe
that there had been no want of integriv on their part, no
want of attention to the important duties entrusted to them.
Mr. RICHARD WALTON, I merchant, objected to the em-
ployment of clipper-built ships with auxiliary steam power,
because he was fully convinced that they would never be
able to carry freights at a profitable rate unless they
carried out the true principles of steam navigation.
Mr. HENDERSON said this wee • subject to which the
committee had devoted much attention, and, in order to ar-
rive at a sound conclusion, they had obtained the opinion of
shipbuilders, engineers, and merchante, who told them
that they had no alternative but to recommend the adoption
of steam as an auxiliary to canvas.
After some further discussion, an amendment was pro-
posed by Mr. YATES, and seconded by Mr. FORD, that in•
asmuch as the report contained much unnecessary censure
%von Mr. Scott Russell, it be adopted this day six months.
This amendment was rejected, and the original resolution
was carried, Mr. Henderson disclaiming on the part of the
committee any desire or intention to cast any imputation
upon Mr. Scott Russell.
Mr. Mink said that, the report having been adopted, the
directors would complete as soon possible such arrangements
as might be necessary to enable them to hand over to their
successors the management of the company ; and he could
assure them that they should feel it their last remaining
duty to carry out the recommendations in the report, and
to assist those who might succeed them in arriving at the
most practicable and satisfactory manner of managing the
undertaking. The beet coarse they could sow adopt
would be to entrust either to the committee of investigation,
or any other committee they might appoint, the duty of
selecting from amongst the shareholders • body of gentle-
men for directors who might in their judgment be best able
to challenge their confidence. (Hear, hear.)
Mr. Limos then proposed • resolution, which after some
conversation and practical amendmerts, was expressed as
follows :—" That the committee of investigation be reap-
pointed, and that they be requested to prepare a list of suit-
able candidates for the future direction of this company ;
that they should submit such list for the approbation of the
shareholders at a special meeting to be held for that purpose
within one month from the present date, and that they be
empowered to make any further report they might think
fit." _ _

Mr. BLACLETT seconded the motion, which was carried,
and the meeting separated with a vote of thanks to the
committee of investigation and to the chairman of the day.

ASTURIAN MINING COMPANY.

Yesterday, a special general meeting of this com-
pany was he'd at the London Tavern, to receive a report to
be submitted by the trustee., end for other purposes. Mr.
AMONT in the chair. The tonal preliminaries having been
gone through,
Mr. GthLAN. one of the trustees, read the report, which
stated that the trustees had been unable, since the last
mering in April, 1851, to meet the shareholders, partly in
consequence of some legal difficulties which had arisen in
Spain, a suit having been instituted against them by some
of the Spanish proprietary. The property in dispute was
of little value, yet it involved a considerable principle, and
until the question wu settled it would be impossible for
them to carry out the project for which they (the trustees)
were appointed. But the greatest difficulty had arisen from
the conduct of some dissentient shareholders, who had en-
' gaged Mr. Lambley to become their agent, and who subse-
quently,although discharged by them, had collected and used
some of the company's asset, in Spain. It was the inten-
tion of the company on Mr. Lambley's arrival in England,
to have instituted criminal proceedings against him, but
before this could be done he bad obtained an appointment
in Mexico. A. friend of his offered to compromise the cow-
pony's claims upon him for 3501., and seeing the difficulty
of making a man like him pay, they bad consented to ac-
cept 4001. Mr. Manby 'a claim for former services had been re-
ferred to arbitration, and the company had, pursuant to the
decision of the reference, paid him 7001. and costs. The
shares in the new company would he divided thus : 8,000 out
of the 16,000 of the 101. paid up shares would be dts-
otrfibulstedi.
each; , pro
'225 of
amtohnegnst—eqaullivatlehnot
tsoher2eh2ooldiv_ra
in addition to 1,0001, bail been retained by the new
company as a compensation for the loss they had sustained
owing to the works not being delivered up by
the specified time. The number of English hares would
thus be reduced to 7,775, which would be subject to a fur-
ther deduction, viz., 1,028, to be appropriated in payment
of the V. shares by way of old loan, and 450 to corer loans