The Express.
London, England, 1865-07-25 00:00:00

ALL IRON WORK.
The BT. PANCRAS IRON MILK COMPANY.
Old St. Pawns-road. Lcadon. N. W

MONEY.—£186,000 TRUST MONEY will be
ADVANCED by • Professional Gentleman upon Mort-
PP Of Prenbold, Leasehold, and approved Personal Meuritlas.
*MGM Messrs. GURNYY, meddleds and surveyors, in, Colo
manomiet, hank N.B. No anent, toreated with.

WHEN ARE SPECTACLES REQUIRED?
Thu query la worthy consideration by everyone ancients
he sateen the inestimable blessing—sight; for on correct know-
Idigs as to the proper time for using Spectacles will depend the
utulaty of preserving clear vision to the end ~t life. When its
deficiency is determined a nicety of discrimination must be used
en sloping lenses of the exact power that will snooty the lose, or
insurable Injury will rennet. Optical quacks,ll ke eneeicaleinacks,
de becalculable mischief by their ignorant pretension, as le
limed by the victims of country hawkers and unskilled
"mbes• Surely, It were wiser to ask advice hew some
'Peden of repute, and avoid risk to one's sight. The old firm
elThamas Harris and Son ;established 1780), opposite the British
esemagate, 1 ondon, having specially attended to the mann
mare of Spectacles, are competent to advise on all that per-
king to the remedying defective vision by the accurate adapts-
Besot tbe leases, mathematically ,of the requisite power,
'ad Lao by the Judicious selection of spectacle frame (which
la Unwise thiPartaa4 of the form moat becotoing the tam.

DR. SCOTT'S BILIOUS and LIVER PILLS,
, s Never failing remedy, prepared without an y mercurial
Fgleldent, hoot the recipe of Dr. Scott, will be found invaluable
1,11 l who suffer from bilious and liver complaints, indigestion.
Spume, giddiness, dizziness of the eyes, &c. For !mining
~„"tiTalmie, se a family aperient medicine, and as a purifter of
"s
K. they are truly excellent mild In their operation and
Metal to the stomach, they creste appetite,
pomote digestion.
sal Wrengthen the whole nervous system.—Sold by W. Lin-
-40014 S., King Williametreet, Charing-cross, and by most
''`lnstas___ la boxes, la. led. and °I. pd. Be sure to ask foe Dr.
ts &haw and Liver Pills. The genuine are in • equate green
I.'oo with '• William Lambert" engraved on the sump.

DROIRFORD'S FLUID MAGNESIA.—The
Pee la"kai. of for thirty Years have approved of this
siiek eV •S, the beet remedy for goat cad it.
am rants of every kind ; and as a mild aperient It le espe.
**Wed for ladies and ohlldrso. Prepared &i:l=y
sod Co., Chemists, te 172, Ile Do
.I.= 'ad sold throughout the world by all respectable
Uwetka—dele that " rilnadoed sad Co. le ea each
red label over the cork.

VITIJL—The LETTUCE contains an aative
it Um Latticing, which peewees all the goothhip
of Ina without its daagswa—Mr. 0. JOZRAU, hew!
o:tak__49. market, prepares • Syrup awl ri Pita of Witte
re""''''' • hirw_brecomineaded by the Medical Praisselow for
..., kik sati all chest affection% STrup. le. Od.;
-‘l4 44. awl la 34. Paw, by post.la. Sid. aad b. W.

THE IMPERIAL BANK (LIMITED) IS AUTHORISED TO
RECEIVE SUMICRIPTIONS POE TEE SHARES Or Till
MARSEILLES EXTENSION RAILWAY AND LAND 0014-
PA NY. ON THE TIRMS OP THE IFOLISJWLYO PEP
awns : •
MARSKILLEI3 IXTINSION RAILWAY and
LAND OOMPANY (Limited).
(Inaorporabed ender "TM Dampenles Act 11102.")
CiCC4OO,NO, 110,000 shares at Lid each, 7.00. of which
el ahead, bees subscribed far he Iliglaad sad Trance.
ROM will be mend for tiers as paid-ap shares.
Mend at Mie rate of Spar cent per MB= is guaranteed to be
paid by tee contractors on the capital celled up during the
senstruellea el the swim
Al per sham to be paid on application, and Lion allotment.
lota,, calls not to emceed Kb per share, nor to be made at
intemb aC le. than three meetka.

L')NDON.

Wither!' Les, Esq., ]LP., inteatii.of the London and County
Bank.
Jaws Childs, Req.. Roothampton. Director of the East London
Railway Company.
Charles ft Revamp, Req.. Director of the General Into*Hon
Cannily of hues.
The Honourable A. C. Hobart. Berkeley.square, Director of the
limselan Irenweetra Company.
Hugh H. L Aetley, Bag., Nicholealane, Director of the (t 7
011 ices Company.
J. Pennington Ugh, Req., Brighton. and Knuteford, Cheshire.
Qarence A. Collier, Esq., Norfolk-street, Park-lme.
Falkirk
Y Jules Talbot, Boulevard des Italians.
M. Lo Comte Clary, Rue cl:Aumale.
. . . .

, - ----
101220 as -Year. Nowa," limn, and Co., Nicholas-lane,
incabardAptrast

nantaii—The 'mama Dank lothbsriir
itsaam—mours. tobins, Barber. WDailey. min eedle-
Newt
_ _ _ _ _ _

L 101111111,—Perry Berkley, fury, U. Great Georg*4treet,
Westaduaimr.
sicartunr (pro tem (—H. P. Hamill. Bea.
Temporary Otioes—ea. Aldercamia.walk, New Broad- treet.

PROSPBCTU&

The *Oda of the Company an—first. to construct a taway
about nine miles in length from the Old Port" of Marseilles
to Podeetat, to afford increased facilities for the commerce sad
manufactures of the town and port ; secondly, to acquire land
en both aides of the line throughout its length, for building an
other purpassee, to which great value will be given by the con•
she'll= of the renew.
Tee reputation of Marseilles as the first maritime idly of
Prance is well known, mom! oily to Paris to population and
wealth; its position and capabilities glee It the command of
French commerce in the tdediterranean.

Within the hut ten years Marseilles has been pieced in direct
railway communication with Paris and all parts of Prance :
magnificent docks and warehouses have been coestructed, bet
great and mind as those new works have been, they are still
far behind the requirements of Ina ever-increasing trade.
The old quarters et the town an being demolished to make
room for handsome eireets and public buildings. The population
thus displaced are driven to the suburbs, moreespec• Ile[ towards
the south, when the lands of the Company are situated, and
when $ tloskyalley stretehm from the town to the Mediterranean.
with a view of the see, and open to the refreshing breezes, which
during the summer afford the only relief from the intense beat
d tie clip.
The ewnmoos value of ground In the town may be intimated
by the fact, that for sayertenslen, rocks CO feet high have to be
cleared away to give sites for building: it will be readily under-
stood that such a locality is no longer suited for the erection of
ordinary dwellings, or factories sad chemical works, which
leiter, for sanitary reasons, will soon be driven from study.
The proposed railway, after leaving the port sad town of
3000,00 inhabitants, wi I pus through the southern suburb,
which contains a population of 00,000, and follow the valley to
the sea, at the " bladragois de Montredon," from thence It will be
continued for three miles Moog the coast to Podestat, affording
sites tor the erection of factories, with scow to the sea, and
direct railway communicatioa with the town and poet, and with
the Pans. Lyons, and Ilediterreneaa lines, by a junction with
the proposed new branch id the latter to the -Place Cauellane."
There are at the present time 4.0 factories In the town,
em-
ploying neatly 10,000 workmen. and the number of faciories
' would NOM, increase, were it not for the heavy ensign to
which they are SU bjected from the increasing value if the ground
occupied, end the want of direct railwaay connedoe with the
port, mid with the Paris, Lyons, and Meditenianeen lines Ihe
proprietors of these edahlishments will gladly avail themselves
of the opportunity of disposing of their present sties to great
advantage, and removing to • locality combining the facilities
of s•• sad railway communication, with perfect freedom from
all the diMcadiee of their present position, end where land ran
be obtained from the Company at a teeth part of the pro* now
paid for building ground is the town.
In order to form an opinion of the pecuniary results of the
proposed operations of the Compaey. It will be desirable to con-
sider separately the leonine to be derived from the railway, and
the profit to be realised by the sale of the land of fhe Company
NUM, with reference to the railway it murt be observed. that
I the eddies lines are connected with 'he new port "Joliette"
and the Docks. but that the ohs port, which is 67 acres In extent.
Is entirely without railway corsowthication or docka, notwith-
standing which the official statistics of the governmen• show.
that dur.ng the last year for which they are published, DM, the
returns for the "Old Port" were as logos':

Vessels. Tone of Merchandise.
4,381 of various nations entered, carrying 950.110
4.3011 „ „ lett, „ 696.542

8,016 Total of VENOMS 1,3400 M Tows.
Dewing the SLOW period the returns for the new port Jottette
wore—
Vessels. Tons of Merchandise.
2,009 of ration, nation! entered, carrying 364 ISt
2,400 „ ~ left, „ 330X/6

6.00 t Total of vessels. 694.0n7 Toas.
Bat In addition to this the oew port "Joliette" recesred mod sent
id 1,158,024 tons of mer.:haudise in 1883 by 5,3;3 &tamers, on
amount of the facilities afforded by the r Ilways and docks.

It to evident Faos Ts 11ieSerciliini.tiat a ;all;;;,yiiitire old port
mast secure a vary large amount of goods traffic, and from the
population of the suburban district through which the line will
pass, and the uumber of factories. etc., already ea ablished la
that locality, It is calculated that the railway will produce an
imam (late profit revenue equal to 15 per cent on the outlay,
which incense will be rapidly increased by the erection of houses
and factories a!ring the doe. There will be seven intermedi.te
stations between Marseilles and rodestat, one of which will be
for the race course" and the "public gardens,' and "Milts=
Borelly:" , .

The 'Company have contract 11 fee the emotion of the w' the
of the railway from the "Nam Oaatellthe ' W "Pialeetat; at the
price of Glif,„o O.
Second,y, with reference to the profit to be realise Iby the
tale of the land of the Company, it may be ,gated that all pre-
vious speculation, In land at "datrallies have been successful.

The Company have contracted for the purchase of about
11'00,000 square metres of land (about WO linglish acres),
situated on both aides of the proposed railway. between Vie
town and the Madregue de Montraloo ." 110.000 metres of
which will be required for the construction of the line sod sta-
tions, le iving 1,u00.600 metres to be sold for the erection of
first-clam reel iencea

It has been estimated by competent judges of the value of
building dies lu the neighbourhood of Slansillea, that on the
completion of the iallway the whole of this land will be readily
sold at the price of at least 20 francs per metre, at which rate it
will produce 21,200,000 francs, or £848,000.
The Company have also contracted for the port-hese of a very
large tract of ground beyond the'• lesdregue de Montredon.'
through which the railway will per to Podestat ; 1, 00,000
metres (about 375 &creel of this lend, adjoining both sea and rail-
way, well be at once available as sites for factories and works of
. .

Zstiomting the belling price of this land at 10 francs per metre,
• sum guillemot', low to Induce the manufacturer% to estaolish
their works rapidly to the locality, it will produce • sum of
15;00,000 francs, or £OOO 000.
The average cash cost to the Company of the land above re.
feared to la only 64 franca per metre, including the houses already
built thereon, and loclu.liug also upwards of 10,000,00 . metres
of land 'about 2,600 acres) on the coa.t. Hoe for three miles be-
yond the proposed terminus at Podestak which will thus be
acquired by the Company free of cost, and which will be made
available at some future Urns by an extension of the railway and
the tonna. ion of coeds. . . .

An ample wpply of water, which is indispensable at Marseilles,
bath fur houses sad land, can be obtained front the existing
works, which hare cost the municipality more than 60,000,000
of . .

The additional retinal 'equired for the payment of land w 11
he raised In debentures to be repaid out of the produce of the
bat! saes.

The practical bearing of the Ilion qoestlon b as follows :
easasolug the male of the land at the low prices named, the
vents arising therefrom will not only repay the whole cost of
the railway, but In addition there will remain • very large
surplus for division. an bonus amongst the shareholder&
The railway concession from the French governmeat Is for the
tend of
.109 lean._ . .

—TherlinalVthe Company will be freeholds in perpetuity,
swept the small portion occupied by the railway. which mibt
netimarily be surrendered with .he line at the expiration of the
concession.

6,003 of the shares have been subscribed ter In Fiance, and will
be issuue 1 with £0 per share paid up thereon
3,C00 shares will be reserved for issue as tuns paid-up shares :
leaving
12,000 ordinary shares for issue to the public.