The Express.
London, England, 1856-01-23 00:00:00

THE EXPRESS, WEDNESDAY EVENING, JANUARY 23, 1856.

RAILWAY REFORM.

[Oar report yesterday of the siestisse a Waal Of rail-
way reform held at the Loadon Tartars, eiseladed with the
Chairman's opeciog address. The following is as meows,
of the subsequest proosediegs] :
Mr. Laacm coocutred in the necessity of taking neeesuree
for the protection of railway property, bat thought the propo-
sal of the chairman and the last speakerwas wafted too much
to details ; they should go more to the principles upon which
railway property was managed. The misagessent of rail-
way property was generally left in the heads of a few
wane, honourable and talented, as a rule, he admitted,
but persons who bad businesses or occapatious of their own,
and who for the small renmeration allowed them as railway
diretton (about 1001. a year each) oould not be expected to
devote that time and attention to the managimeat of three
large undertakings which was emeatial to their sitcoms. He
'asserted that railways should bat entrusted to the manage
meat of smell usociatioas, who should work the line et
their own risk, paying a minimum guaranteed rate of
interest to the shareholder,.

Mr. Vexes spoke of the ruin which lsivl been brought
upon the proprietors of certain lines by the low tariffs
adopted under the pregame of the competition which
parliament had so Improperly sanctioned. Ae a rule, he
believed a low rate of puoseger tares was more rismanera•
tire than a high rate, but partisan rot bad no right to compel
the railways to coevey a certain quaatity of luggage with
each parings', or to lay down regulation as to speed.
HIRATATR, jell., attributed the low dividends paid
I by the railways in Eaglaad, sa compared with those of the
continent, to bad management, sad is no iseoesiderahle
degree le improvident enpenditare fa their original so.-
struction. He =cit.:mod • ease where a railway was esti-
mated at 30,0001. a mile, and was afterwards coustrueted
for 6,0001. a mile. If the capital amounts of the old com-
pleted base were closed the divideads would be more lbw
douhleil. H. admitted that the tolls for goods were too low
on most of the lines, but it say attempt were made to la-
mas* the passenger fares (szeapt as regarded ezeursies
trains) ha believed serious lose would result. The heavy
rate of espsaditure, as compared with receipts, was not wa-
mpum% upon low lanes, but upon the sonowesarily lugs
number of trains ems. He suggested that an account should
be kept and a noon made to the shareholders periodically
of the earaisp of sash train, in which ease that which was
now • toe frequeat practise, of numbs, impress sad ether
trains at a loss, would cease.

Mr. MATNLIP thought it slight be worth the sossidera-
tios of the association whether some basis sight sot b de-
vised for handing over the.whole of the railways to savers-
sent.

Mr. Bum.as, in referees* to the negation that the
managers shoal be paid sufficiently to make it worth their
while to devote thair whole time to the daty, remarked that
those lines where the plan of paying a high salary to the
charges& as manse., di.eeter was adopted were by no
means SAM tat the Mt assuaged lines, as, for isotopes, the
Beaters Counties and South Beaten.

Mr.Yaras ease opinion that thematic of the depreciation
of railway property wee the mistake* principle of legisla-
tion spas which parliament had proem ded is &alias with
these enterprises, and recommended that the induenee of
the proposed association s►otdd be directed to the abolition
of that priseiple. Parliamest had tithes are of t►e interests
of the palls ; bat they had dose nothing to protest the
shareholders. He eomplathed of the absence of any insilletimit
governmental check upon the proceedings of dinetors.
The Cruttamax thought, before they tallied at banding
over the raillesys to responsible associations, to manage
thus at their own risk, they should endeavour to increase
the Ta.w of their property, or they would obtain very in.
adequate terms. With regard to fins, be thought the,
rates u pablished in Brodithar were fair, but what he
objected to wu the rate* c►arged is special oases, and espe-
cially for excursion trains.

The resolution was pat and agreed .o.
Mr. WIRTZ t►en moved that the government of t►e aoso.
elation should be vested la a president and council If 12 gee-
tlemen, with power to add to their number, who should act
grataltously.
Mr. Hoeft' asked if It was Intended to promote the
establishment of breech aseociatiome In Liverpool, Measlier
ter, and other great towns? He anticipated eery valuable
aseiatamce, muleteer and otherwise, from those towns. He
also suggested a subeeription to deny ',spume, and moved
• 711001111AOS that 'membership of the meociation should be
seqeired by the annual payment of oats guinea, subject to
election by the council.
Dr. Me Cowar considered it better to leave the amount
of enbecriptions te the discretion of the subscribers t►em-
selves, instead of seedning It to a guinea. He reeerammaded
that a Meads should be mat to every railway shareholder
in the Maidens', acquainting him with the thjsets of the
asseelatimo, ON inviting etsoperatli a. He concurred in the
NM much of t►e evil was dee to unwise leek-
tre:ll modemned the extravagant outlay w►ich had
been incurred is legal and parliamentary expenses and la
the purchase of land at enormous priors. The question of
closing capital accounts and the proper separation of the
capital and revises molests would, he hoped, weepy the
serious •ttention of the eimecit.

Dir. Liao* recommended that the emetics of mintier.
ship should hi left open until after the adjourned meeting.
He would sot exclude as, shareholder, whether be paid
hie guises or sot; bat if the gantlet of anbseriptione were
left apse, ho was 'antidote liberal °attributions wound
some is voluntarily.
The Czietensir onthered in the suggestion, wad nand
that he had ...de himself responsible for the preliminary
exp. tan up to the prose., time, and wee prepared to we
etW further, though they must be aware that those imposees
were conidershie, depilating span the shareholders pm.
rally to some forward sad bear their shares. (Hear, heir.)
With regard to bratah association, it the preening, he
thought it better to leave it is the railway proprietors in
the great tonne* originate a nowinett among thensielest
After some farther remarks from other gentlemen pro.
sent, the motion was withdraws, sad, is lien of it, a reviles
tits was pawed for opening a voluntary subscription lin,
and appointing the Loadoa and Wastatitster Bath the
beakers of the amweinism.

Mr. MESE? moved a vote of thanks to the pule, whose
able utilise os railway snaustemeat bad bees the means of
public anemias to the subject.
88.11d.altru.sz seeseded the audios, sad suggested that
the *sake of the monies should be gives spatially so the
oilier or Us Dour Moss, for the very able articles shish
had appeared from time to Um epos the subjwit la that
jonnsl (Hear, hear.)
A Paoratsroa cossidesea that Myopia's Awned
ought also to be mistimed.
The Ducts/us thought it better not to single oat any
tom paper is He fully admitted the greet abl•
thy with which the subject bad beam treated by the Daily
Mrs, mid bad referred in Me opening with to the very
powerful article obis\ bad appeared la that joined of the
previous day. (Hear.)
The resolution was ilea pat sad carried by acclamation.
It was seat agreed that the sootiog should adjourn to
Thursday, the Est lost., at the sum. place.
Ia a sort of dielarsive cosureaties whiah followed mural
patlemas expressed their eiteationee Ia the beseat which
would result from the proposed amseiaties, is Fostoria'
railway property to Its fair valet, one of them (Mr.
Hodgson) declaring his entrietion that the fact of its esta•
Mamma would go far to plees eillefent sod basset aft
spun the several railway hoards. la WM inn he mad
saastioa, the directors appeared I. he actin la direst ewe•
allies sot °sly to the interests but the upraised wishes of
the shareholders, which would scarcely Gear were there
roma such sentrolling body a. that abut tabs formed.
The fellowlog endows were then womitiated IN II IMF
WON to marry es the batistes of the ....slab..:—Mews.
Leech, Rum, tirialey, Leos, Tegg, Reboots, Mitchell,
Deetaia Tucked, mid Dr. Coosa.
A rota of cheeks reseed in favour of the chairs:lms, sad •
similar compliment to the patlemea by whom be had been
assisted in the prelimbiary proseediap, closed the benison

FATAL CAiIIACIS ACClDlNT.—Testerday, as Miss
Paesen. the daughter of Mr. Hugh Parnell, solleitor, of
Upper Maples, sad New Bread-eneet, City, was proms&
lag is km lather's menage ales, Baker.street, at the bask
et the Royal Free Hospital, Gray's Ins road, the whole of
the gmashmee's seat, earths, with the footboard, soddenly
gave way, sod fell forward is the lumottime of the bones.
George lambs, the amelmeas, and a footman, were es the
box, sad falling therewith, were usable to extricate them-
selves. The berme beaming fright's* started forward at
a wild gallop lute the Bagnigge- wells road,antil they arrived
ekes to the House of Cerrgettos, when, turning off on to the
pavement, the animals dashed heedloes Into a shoemaker's
shop. Iftortanately, the campsat ef the shop lad time to
amps by a bask doer et the lastest, or his death mut
have bees 'wettable. The bones end anis,* wore la.
neatly enthused, Miss Parana wee dimwit forward with
greet Nolan, her heed going through the frost window el
the essnagg, the glise cutting her Ism is a fearful mew&
The 111,1111111• Ga earl footman were astaggled beseeth the
vehicle and heroes. The latter becosilag des* fitness
at the isapedismat they bed met with, piessed Is •
frightful mason, sad the safortssate ma kg several
minutes lay directly beseech the aslatels' heeds Reskaases
banal arrived, the suff were quickly sateimasd, wad
the bones set at liberty. Miss Parson, who wee bisedbg
from various wens wetted@ shout km bail gad
Le 6,8.1•7 remend to her lather's midgets at Upper Clip.
too. The essehmas was meet dreadfully Wend ; h. was
visored to the Royal Free Hospital, when be "spired
oleo afterwards. The footman vs. Wits. beverely Waged.
The alennalter's shop is a low small domicile, both is as
ell fashion.d style, sentel fest below the pavement.
COMPLAINTS have been made against certain rail-
way rwripagies that their permaseat way is set likely to
lest, but we are sony to lad on inquiry, that many of the.
are grog ea la the old way, whisk Is a voey bed way, and
Y likely le be 'sly tee persaaest —Pow*