The Express.
London, England, 1849-02-16 00:00:00

That honer
pruner:or heti abed him
exhrepored to mount the elbleG
w 83130101
issiewest issued by dna is Nowitaber keel itissi
the divided essald be rinisteissil at tee Ms of GR LM. per
uawn. Os kw se their *as was mews' pea
Neworainley had One sus as sawn is .liar it.
that the ultimate melt ef Mrs
2711 earl they bed skoluel. (Ham, bosern)ibkll3
essamy, be add (sly resew the amweasse
Whaled stem theg the fleensee woe islet mean to
esupll dllbss ia every hawed ef their eeteliiiieffaeat.
Ilses=atka of the lea. piseplabit who .used the
t was that of piefigelig. It by wig the ward
Zel:tradtheintzgreprfelof mint to IRO _that Ike
sad wasesfally egasuuros tke re.
emus et the warmly, to seek a sheep be Ohs 'hair-
s* sant gins • meet sou selined dad& (RN^ bur.)
Bat if the btu geageisier omen wise* that is fhb leen
1546, ISO, sod 1•11; She AMON embodied la esteseive
andlonekingis and sageged la very expusies
witerele••hay sad 'Minty admitted t jtelialirldsite of
hit elegurniews. In the latter ease, berwever, he
weal melte We sumer, that whet eniened at the
pubis asaticsed wee net exile app the di-
/seism They was serried eking by the
easelhisses el lbws. Not wily did they net pro-
mote usisailip referred to, they setsally re.
rusetrodai egoist *ea Deeply uhe regretted the
eft sts erase wane obis! tiny had bees compelled to pu-
ree, he believed filialroh• aisetioa of say other would have
been Cu linf•
Mr. NIGH OitSM roseenseaded the tame of the
esseadanat M withinarieva this widentandiag, that Mr.
Cron/mite sibuil, is Menu possible, be invited to occupy
• wet at the booed. (Cries et " No, ao.")
The CHAIRMAN begged to infers the outing, that
the diushas had repeatedly solicited Mr. Crentsweite to be-
ease addereser,_andithet he lag slwayeeefased the ievitatios.
Mr. CROOTHWAITH having intimated lb willingness
to Jeia the
The Cll=Ali gave • pledge that whenever a warm
aroee, he sheald be invited to ail it. Oa thb mi ik
the essendemat wee withdraws, sad the reportvnista=
Thy Weed to.
The three retiring directors—Lord Barriagtee, Mr. J.
Gibbs, sad Mr J. Jones, of Bristol, were re-elected.
Other fermi resolutions were agreed to in seendenee with
the repent, indrealeg • declaretiost of dividend at the rate of
3 per ewe. far the bell year.
• wee l
et hanks to the ehainssa sad the auditors tenni-
mated ttn ca

BOTITN-WESTERN RAILWAY.
Haliveirly Media, —Nine Elms, Feb. 16 —llr. Czar-
um, MP., in the chair. The minces of the kat meeting
having been read and confirmed, the hereetery reed the
follow*:
Baron?.
The directors had occasion, so recently as November last.
to lay before the proprietors a detailed financial statement,
in which Use bets affecting the position of the company, as
regards both its capital and revenue, were yery fully en-
tered into. To that document, therefore, the directors now
refer, as superset* the necessity of going at such
length into the leading points of the company's policy
and affairs, as would otherwise have been requisite.
The directors then expressed en opinion that the revenue for
the current half year would afford a dividend of Ave per
cent. The accounts now furnished show that this anticipa-
tion has been realised.
Ilw helm available kr dividend is Ararat 16 3
Delnelkg itteleme et 5 per mt. co 8,707,3384 112663 7
Immo • lam to meld star to the heat
Wryer
' The puffin, « sew line opened during the last half year
111119 Oh haw men llth July.
pane Mid se Dacia (14 mike) Opened 22wdoetizet.
Pam MOM= te ma5t...... let
The Weis *Meg the has bait year it all the raiiways in
the high= hes bees mesh and in; tidally affected by seve-
ral esseesmhin are set Warp be buds( in their operation.
=dam an the ralilisil coandsioes which have dir
dr seraisrat of Europe. This has especially affected
the Ens* trade of the peel of Southampton. The proof
is to be found in the very great falling off, since the
revulsion, in the trails of the railway hem Paris
to Havre, the pert on the opposite side of the dim-
eel. A ramp of 3,4001. hes, in earannenee, been throws.l
for the AM time. apes the rename of the half year, nosier
to Ism the interest on the eepital of the stoma:what sera
pany, whisk bes been granulised to them by
The general Amprerain of commerce, and the neele=ll4
nem of the sebum sessason wee explained in the ianesiel
metemeat, hove also been penile* injurious to that saber.
Mu Mlle, km erasing of the Datchet line, and the
envenom is Weteriesle ware calculated to develop.
In enemies with these risers lower, the low scale of
lane, adopted as ea experbasat is a date of prosperity, wee
found to be prendinal. As me, therefore, se circum-
stances permilted, the directors rated the fares to the present
seals. The comrarison of the traffic, which is rebjoinede
accordingly refers to the period sines October, when the
fares were rated ; but for the reasons stated, the Director'
believe that it affords no fair criterion of the value of the
lines opened in the year 1849.
Nov.. Dec., 1847, Nor., Dee., 1845.
and lea., 1848. sad Jan.. 1649.
et "glee epeatx Wattle 191 215
Grew earnings. C89,292 £105932 more by 19 per et.
No. of wilier= try trains— eu3,002 371,329 less by 8 peed.
It appears from this statement that, while the traffic has
increased 1,2821. per week, or 19 per cent. during the winter
seasea, the mileage of trains k 8 per cent. less than for the
=ding peeled 44 lest year. The effect of this great
of train mileage is, therefore, sati.fact ; the
straw of sash train. per mile, now c msiderably exceeding
these of bat year.
The expense of running trains, during the last half year,
lies been 2s. 10d. per mile—a result which, it is believed, will
bear satisfactory compare n with other railways; and to this
the directors would refer as a better teat of economy than the
proportionate per tentage of working exposers te receipts,
which may indicate the comparative tremens of the charge.,
rather than the economy of working a railway. By the terms
under which the Third Shares of 1847 were created, the
amount of capital entitled to dividend this half year exceeds
by 1,172,275, or 443 per cent., the amount on which dividend
was paid lest half year. Under the same terms the whole
amount which may be paid up on the capital of the company
will be entitled to dividend out of revenue during the current
half year. A greatly increased capital has, therefore, in
future, to be provided for; and every effort in developing the
mourns of this railway, as well as a rigid etionomy in °pa-
linode( its affairs, will be neemary, in order to realise a fair
numeration to the shareholders. These efforts the directors
ue prepared to make, and this economy they are de-
tersdned to pursue. The turmoil and detraction of
=notary contests, which were forted upon the
by thecin Instances of the times having now ceased,
as unity is :nee& for attending to the details on
whit *e secarmical working of the line depends, which
tt:Zere may be assured shall not be lost. For the
el the.. who may be influenced by the appreben-
miss sew se emunonly entertained, that expenditure which
eagbe to be berme by is thrown upon capital, it is
ben to state, that the accounts of this company have
a rigid and lengthened investigation in this as in
lOW ticirecte, hi the auditors who were appointsd by the
=at the last gamedmeeting, and the directors arc
rate these gestlerma he several suggestions, which
dial be meek essallwaL
Oa Ileea „et lam lir whir* porilameallay pewees
ban bees ~mi. lei dish are either aim emememeed,er
way peed* seeillnelel. the ihesties hem merely to re-
mat thessehimmielleamatimeila theZlisi statement,
hal M selaimme le nib NM the k to luiep the
p ane Meek se thee arm Sig be with in future
as may be best ler dm Morale ef the proprtors.
On this paint the direalme will wily repeat,ie that
so further steps beyond those mentioned In the
ilameial statement will be takes without tke previews ma-
mat et the shareholders. Every =mks will be made he
the early opening of these line ((about 90 min In 1=
whisk are sew is mores The Hampton Court
wee email ea the Ist of February. The Orators are blip,
ammueek that the Windsor, Sulam, and loath Weeisga
)Tdtwep Omipeay have made a highly scale say anesisie•
meet elk lbe Grown for extending the duo an Wisher.
• hill harateeed into parliament by the Wilber, itettea
mei Sea* Western Railway Company ter this
be sahmittaill le the meeting. It Is prepeesi, CrAuciamm
of the pewees 'Mahal by the eat of het smelters, that a hese
he inarlsea mats be now metabad ee ibis mailway. et Ihe
mash and property of the Okada Walesa ahem Waage.
ilea Osmeiloy, ea soak terms as will legally mere the pre.
Fishes therein the dividend of. 6 psi cent., as will as the
earialmeace of their property. both of whielt are alto*
gaimeateed mho et tabs peeyskitary • a masbades le tem
olime mos~7 be eabmillei le tie meilleg.
As some illbreoes ephha his mina am tie palsy of
the metaudea Massa puha ampeales whit railway cow
penile, tho ilkeetora fed It le may ainsteuy to remind the
progidebeee that ea se km Ilea Maeootriena daring the last
soma realm Men et their
of msellega. 11:=
1101•OlOS emlethe eisp Oman he die
of steam eiammaketiss in MOSlPsiss Ida the nil way, end
the bee pediameat ler this purpose ;
end 1, the Allan/ Warms powers (which ham
beta se hag t. rail whieClls net of last year at length
f=thteems were hid eat le the publie, ender the
' semen lastraatiom hem the proprietors ea the
fhb of which a sham packet mammy (Me South 'Valera
Man Navigation Company) was ailed he. miasma% Obi
the ism commi•mies so aseeliel le Oa halls of
ilatteiway. was sstaMbitek The._tiff_'_l the pressed
• k Omahas set the aleptlea et way sew milie.i.att
manly die hretal meigdllea et 'epsomite
Meng he. with Osemetisaof lbe yesprhowe:rtN
wan sal hit Ilidebsitelk. ail me mob 'badinage" mew eat
wit IL The &WIWI lam hatellabsi Mr. Wyndham Hard-
ing tow Mile et eatiMmytta eimplay. In plate of Mr.
P. L. Oiehpba l. tile o at m gripisisber lam. In coransioa
with this eie=hindelfeent Ile sense they eaterlsis the
endability mil ad energy with whisk
bate misses were pleferiaed es keg se
1014 dolleeMsee winkikg a malaise to the
Mai belem the ekes et the siam. The amebas are glei
to ISM% **Om emillmelka et a iamb midway into Paine.
memb, eel the edit medlem espeolltam likely to
We idea Sea bine lima ovoidal
by ea 10111
aid :atm Oempay.A._l=lll6lll=
etim he et tbe teem* le velem. Vadat this er-
ase midi" Mikeeme of tbe ems Mate
norm • ampoity peg 1111,Illithe tisk belt slum et
Mrs fies dim le- Pediffiliteek, triad it to be told
%derma Ibe •The joint the and
sham it e,by &MIN fa wbitt bilk mat-
pada me A railaust :ye be cab-
shad Oil mei asetpaey to
ddb adiiegtatta4 1111* he lb resit-
tbl se Air eidma
be Os Natmellas patio. The bessicia et the