The Express.
London, England, 1849-05-05 00:00:00

Ehe Orpreso.

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Trusaare—nmetimis oda Mg Aanness. VII

... . ,
LONDON . SATUJWAY, MAY'6.
• 'Tio IS hind of seape-grace fidelity about the
Ilualiskisd siestas who have adibeared Mr. Ettneox,
irsillsalling a seek of good is Wogs evil, that sties
them Ow Mid Ot half nape. Their attempt to
IdAlltilialice entirely is rather too broad to be w-
inged : the dove les lain among the pots and his
Mier sand a NUS begrimed. Bat theardare-davil
sibeseace le bins ba boil repute as in good repute is
islailel racer selptilehls (and that not in the gig
tho word) then the selfish and cantiog_outog
goremi aSs_vrbs alter fawning 'spoil the Railway Ring in
bishie hoar
stTbistriaimPbis now' morenall thasaan eversh*wooenthepletair wailer ;
for isit
will be sees by ear report of the meeting of the Trek,
Newcastle, and Berwick Railway Company, that he
has signed its choirmanship.
Recent eventahave after all thrown little new light
ea the thane* end candad. of Mr. HUDSON. 'No
as who bee watched-hiamovementa attentively:hem
a,iming could misoweivo him. A blug, for-
not oter-ocrupollas mat be never woes"
in the Mine light iis 'tiler ithibtahnir sods
Govics—thei men who, isivdotwr • 'walwayr iv
men who, by the application of sound mercantile
pinelplee, made it a profiteble undertaking. Mr.
Hutson declined takiog past in Ake vroMng of his
COMAS. Ero aeottealltheeett to 4' the plideal iset
&Sada dopeatekat :" la °that' Worth, he hadettook
to 9sWilfeilewr Pi4seitl
tarypellish landlords, to do
the oonunittoes, mid to
reisoi.tri ling His taftwaysestftuents had faith in
him beams they believed hiend. stick 'it Pejo(
role
wbatwis likely to' him into Saari,'
with the lawLmetthey angry with' bins
for net peening his sharp practise s.closively to the
paidie,ent al doors.
- - JireHallfion. bee all eke/hese hind of iirighbir
rail wey sid-sn called in by debilitate 4 or hypo-
ehembri railways. wines complaints, real or nos
Peery, were beyond the curative skill of .the regular
, peftenion. He was trusted in because be undertook
sem Whieh no sorted and jadiolossysetitionor wield
setae on—poems& ta care hopeWn consamptioas,
oak more *separate- still, to alleviate imaginary
eprighess. He pledged himself without bewares
se pay large dividend., Wigs his railways bad, at-
Ward the paying step. Ha wee alciadotfinastnas
is MB way, engaging to make funds forthcoming
when there was no visible soars
Linda
ilbsy wore to flow. He was a man otwilt
Wow, and demanded implicit faith. He wag in;
of business what the spendthrift who has get
into the bands of mares is in the world of •
Me siderteok to meet immediate exigencies Layeaelsr;
Gents of the mosses ; • to buoy op embarrassed tow
'Oerna by temporary
chaptera to keep his pate*
dive till Dates or the apt of accidents might
step in and do something for them. He was like a
man attesigaing to sem a swollen stream on floating
vises of iss trusting that as one soak beneath bki
het another capable of bearing his weight for a few
minutes would drift down to hint.
Bask a gates not only required oososalmsfs, bat
fps faeseptible with regular and angst bunk-
lesepag. The players at such a venturous pas qt
bawd are almost as much in the dark as the by-
standers when they persuade to venture their money
with them. The inspiratices—the shift of the moessii
meet meet dr saussat's exigency. No man of able
or essupiene esessisnos can have any chance in ply-
fag nob a game : the moment loss in overcoming
his reluctance to some Sharp pies of practice
mks bun min the opportunity and fhe game with
it. We have not one word to unsay of the judgment
Wo boys already pronounced on Mr. Hvoson's
~ but we can see how be was insensibly
into it. He appears never to have kept—and,
from all that is known of his abilities and previous
peewit*, was probably fampable of. keeping—gorier
soonats either of his public or private transacuons.
He sought to bold himself safe in his dealings with
the compeades for cabby which be acted by. a rough me-
thod of somossimuon— setting elf a considerable
pissed liability risked for a company spinet the
appropriation of a lion's share of its profits. Than be
really bad to expend moneys for overcoming obstacles
to the to
of his plans in ways that did not
admit of being entered is decorous mercantile
ledgers. The public cannot, and ought not, to tolerate
a manner of carrying on private bodoeis so closely
copied from the pablio Ihmacial system of lost eantury, ,
when Weiser:Ss the suppress of thew
proposed loans gratis assignments of trip,
and Wan unable to resist • the ,
temptation to put a „ little of it into their
own pookets ; bat the parties Who cootrected
alliance with or employed Mi. Hunsox, kenos this/
knew this was his way of doing _ businees, bas
no right to give tongue against , because, in
bim
'baring the spoil, he happens to have helped him-
self first, and most liberally. • Knowing what
kind of customer they bad to deal with, they might
to bavq watched him ' more narrowly ; they can ex-
pect no sympathy from the public seer employing ,
Hr.
_HODSON WAX* ilia, it now torus out, he has
treated. themselves.
Mr. HODSON is, perhaps, the most magnificent
specimen -of his class in oar railway history ; but he
is unfortunately not the only one. 'Menem taloa
Of setaspies hat tan too mach tinted with the Ws-
Filar modes of conducting bagasse to which he has
had recourse. It is- an economical law that all new
limas of speculative enterprise based upon just minute-
Gine should return extremely high poets ss they
become common aid fanaer, dig droP down to the
average rates. The highretusW assure many to engage
in these novel speculatiew who are utterly igoorant o
the busbies And the disappointed hopes and amber-
-I:Cameate eta crowd of such rash adventurers are the
astoral field of quacks • ooneoious and uncoeseione.
Resent revelations is other railway concerns, be-
sides those of the HUDSON dynasty are
opening men's eyes to the peril and dis-
credit of this mode of soduating becam', and in a
short tilos railway enterprise will be Wilherted to the
mime strict rules of acting and accounting as other
ssercantile undertakings. The railway system is
righting itself—its capability to odd to the national
powers of prandial' is how far the est time to be
tely and usecniiViimlly dliplay'ecL This is the
peadequaat lessen tauglitby thseranisilamoag bar a political
sad financial" railway per. Let outraged
plans opinion .k its ski booty of thede men ;
this is the naberal Sidled pediment that will deter
others from attempting to tread in their footsteps.
Hat let the most sapsalnicam public, while giving
fall vent to its spleen and daisies, beware of forget-
Otto poet by their warning example.
crier that the sauce shy reap the fall benefit
if the late sad the yet ispat ezposort a, the legis-
lates must abstain from interftemg. The talk is the
Mrs of Lords a few sights ago about a government
izliamentary board of audit for railway coat-
is of bad wigs We bays no 'Doh board
oast jokt stook • estorprises—banka inuarince
wad and the Mae. What is *ire in joinvatock
aompanies *ruled to construct and work railways
that seam soder an exceptional surveillance neemery
bribe: f • Vas . interests' and common sense of the'
abarabsidera will assure the judicious maliagement of
spew sempenies, new:that the hour of extravagant
.2. and beexperiloced bungling has past. A
t 4". - .bdard el eareinteadesee and ocatrel sae
am, 1
and=wak baiii and Infegyi. ty. So Rl' tie thee
hors applied by, the ithateWle We -hi each eow
prorsal
gbomb es. misiesd hes that
d lateens. with the en:
.10 et low epee owl Utile It*t
aeleetekte dim** the dot/. . rya= d
Gabe to sights Irf, Mb/4db* *PIP *the
of govarassat bowl, h 4 loom to Wm
isost a
DT that .to be rev] ow by
bun
,b6Zti to a had of priest* Mewl'
y '
Aunt them. A c=tsboard ,
of sat !sr rawe "tad la" from '
Übe aged, um r 7 after the tame fillhim that °ls