The Express.
London, England, 1859-08-11 00:00:00

THE EXPRESS, THURSDAY EVENING, AUGUST 11, 1859.

THE ATLANTIC TZLEORIPIL

A meeting of serehan re and others was held
yesterday et the Iherhasa-horthr, Liverpool, to amides the
'seems ofteNrejolde totessualcatiom with Amerce; the
Meroa (Mr. w. rewas)irded, but early to the pre-
=zee pier le Me. . Brown, who ported out she
r will r potiticel importsar at en aerie
rem ed wereserstion Wore lloeltad sod Anners, sad

Showed bay yanaliarly it w the iii"erest of LiverpooTraer-
okra an/ heeler,, to "remote each en uudertakag.
The Might Haa. J. OTUAIT WOWftlY next akiliaMill
the meste=lstiqh with regard to the position sash
se the ph Compsay of which hole the
chairamen. He ex cad that it had bean /tiled
to aim the mow espial required to cony ant dr
audarlaklar in smell sums, ea es to bring it within theta&
of Mai el eery alms in the ealannaity, sad thus freed the
intend Y the work oar a larger space, sad among greater
sunburn Hating sauna lo the fact that while the previous
tuba was actually in operation a total number of 366 mes-
sage% containing 3,942 wads, and 20,219 letters, peened
between the two countries, Mr. Wortley stated that were
the communication re-moahlithed, taking but two words per
mama for each day, with 300 days for the year, after deduct-
ing ell expensee, tone would be a return of 10 1.4 e cent. epos
a million of ',mewl', whereas they only asked for
300,0001. at promo'. lie explained that the liabi-
lity would be a rictly limited to the aura sub-
united her, and that the total issue oestanpleted
woe 400,0001., is shares of 61. each; that there won! i be •
guavas*" of 8 per oast per mown from the British govern-
meat. to oommatioe an the opening of the cable to the public;
and that after the 8 percent waa paid on the rodent:los share",
and 4 per cent, on the old capital, the prof. niece shares were
to divide the beleam cf profit pro rat, with the origiaul
Ghana. Other natures al the maw rebates which Mr. Wortley
onaseasted were the subsidy of 20,0001. per annum tem
the British govenionat end the subsidy of 70,000 dole. per
son= front the government of the United States; ma •
Rammer upon advantageous terms with the New Yost,
Newfottedlited, sod London Telegraph Compeny ; and a
return at deposits to 'sheathers, less any Malt ex-
penses Weaned, should the capital sultatalimmi he
laaufliclaut. Mr. Wortley ex; Lained that with re-
gard to the cable itself a misapprehea.ton lad alms es to
the orioles' of Mr. Sammie, mairman of the Ikea& Tele-
ttrapb Mr. Stevens:a did say that the cables
heretofore employed were of a perishable character, sad ex.
psadve t., malatein ; but he bobsled the time would mom
when they would be se beamed a. to overcome all the
difia-
calties yet expert. need. (Hear, beer.) Having dilated up=
the politiral and commercial advantages of the undertaking,
Mr. 'Wortley mad that though he did nit put forth the in-
vestment is a safe one, be did recommend it as • hopeful one;
and even if they did nut succeed, their exertion in such a
men id ke creditable to them.

Mr. neutrino woad, and Mr. bloom monnded, • resrla-
lion to the following effect .—.• That this meting, b..mg
heard the statement of the Right Hos. imam Stuart Wort-
chstrut.n of the Atlantic Islagrarh Cosapeny, as to the
pretest p skew and future prcaprow of this importent nu-
dwelling, is unanimously of ogartiou that this great inter-
nations' project is worthy of the most gamma sad makus
graMeresolution ma pet sad carried Nees con.
Mr. J As. SMITH, of Liverpool, said that the undertaking
would stairs the confileno• of the mercantile pubic far
more readily if government would subecrde one-half tbe re-
quired capital. He feared that lb. intvevat of the share-
holder* would he impaired by eoinpvtiug companies, which,
profiting by the mpartsace and looms thrir predectware,
would, for half the expense incurred by the latter, rushes
Tilts a• large rrtUrlia.
Mr. Woartny explained that the guarantee of 8 per cod.
would meet Ibis difficulty if it really turned out to be one.
Mr. J. A,►tv tuorrA. and Mr. MACIN TAM seconded, a
vote of thanks to Mr. Worthy for hi* watamient, Mr. Atkin
obeervleg that he felt so convinced of the importance mad
practicability of the undertaking that be should at once take
$ amber el sham, Ned recnumendiag others present to do
ths same.

The raenlatioa was *stria unanimously, and a vote of
thanks to the dolmas olasad the Fauaradiaga.

-A

FATAL GAS EXPLOSION AT MA'
wry diamesing ocoarronoe took pl.,* as Monday eight, at
the bary-bate Cotton and Satter Mdl, bet, to Meters.
Ohl, which reented In the death of Mr Rkbatd
the reineet perisw. That madman sad his famtly(M
reamed es Plarisy afternoon loom Buxton, sod Mr. IL
Oil wee nsaypnefid et not !Whig that the oat amanitas
wet Is such • elate that his residesce, width sip Ma the
WM, _send he aleademed by it that aiming. The ems
W left of wok at tk• men boa, but be enammed meant
who rata sem, mil item were labs le provide • amply
et go. Atm ewe What bed hew Itheberged hie the
p•milic, It wee head thee them wee • leak. It was pia
peen, therefere, that • ism alteaM go lets the interior cd
she Beessneter, far the at aaceetalaiag when the
diem wm. The MY- at the top of the geetmeier wee
mised, tied planks were intrulson for the palpate of faith.
Istame the mei. proceethege. Mr. It. Gill Need as the
by of for paates•sr, isperlatieding the opirelime, end,
Maw as it may allow', be thelelNl • iman essa
light m moth el the ers-halia. That
the gas boom at bars allithily. bat area tbial=r2
Saw boo to lama. and the awes or *hi mom who
wee earittai berm stermail, sad left the peomaila.
Mr. R. GUI, wbgiq, eamal to treat the net et 41=
Ida ever May, Mt ettll he demot it peeks.*
and wee Is dr am of moons elf
10 thea lap of the peamefter.
wire the yids boly of pe 4.d. mg the
wamilliesairialsit it, as wal ea Mr. R. OA wee INviebßin
sr 1111 mita Into the gr. Mr. Gill ei.a Med ups • heap d
brim brit* awl it le reprised that the prissigal bow ia
lib bib lam beads. TOO ezposeioa took piami at SO
linear pat $ eeleck, sad the nellertnnee aeetlr•aa filed
ems rim ten seakek. Two of the sea who stood as a than
Mama were IMsred by beim meek with memo of tones
inasseas. The'promerst was teat is a few plane*, but set
mmiloole dinev.red. Bay-lot Mal !. the sum whisk
matie agalirmi by Eire, pupped to be
tits issisiNensio lieeasioNa sebi.r, who soon after-
wards died • salmons death la site Leiih Lack-up. nib
on has ma a deep gloom over the soithbowr-
agheseettr=ants„ when dr Maim. OW, who are ketrety
itimmismd with Q. M&I•611NRIt and Lana LW% iseploysi
may Mede.

Citd•ertiOPMELlALFrei (1110iiagorATale
•fRo 13110.1 -Th• =WNW pr.peratkom mai W Ws.1.11•1
Omen et Int psi /b.j• 11...1 b., sod At. primp. IMO pasha
YEW "Janina left Assreolki• OMNI. &WAY:

gab) inulligsna.