The Express.
London, England, 1858-10-22 00:00:00

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LONDON. 'FRIDAY. OCT. 72.

SPORTING

4 SPECIAL EDITION of the "EXPRESS;
containing the waits of the day's Rana ia pob-
lishad ivory wooing daring the Sporting Suwon, at
sia o'clock.

THZT manage these things better in France--very
much better—there can't be a doubt about it. Moe,
for Instance, is the French Association which, under
the style of the " London Omnibus Company," has
for the last year or two been attempting to obtain a
monopoly of the cheap passeoger transit in all the
thoroughfares of the British metropolis. They have
to report to their shareholders that the endeavour to
establish a monopoly has failed—that their receipts
on the half-year have fallen off—their working en-
pewee largely iiioressed—and their net profits, in
consequence, been very materially reduced. In
order to account foe those discouraging results,
they entertain their proprietary with a very
philosophical disquieition on the constitutional

peculiarities of the British nos—and on the unfor-
tunate influence brought to bear by recent political
excitement on the prospects of their enterprise.
They have, it seems, been regarded with odium by
the citizens of " perfidious Albion" as a " foreign
" monopoly," a term of reproach which, we are told,
eorresponds in effect with the two most energetic
" sentiments which do honour to the English na-
" Lion, and which are, so to speak, the kinadatiom
" of its political otiestittition, and the sentiment of
" each individual citizen." If by this superfine
phraseology the permits of this French Company
merely mesa to convey to their Parisian share-
holders the information that Englishmen don't like
monopolies in any case, and are not the room likely
to be impressed in their favour because they're intro-
duced and worked by foreigners ; there an be ao doubt
that their representation is substantially correct.
We are very much accustomed here to do things far
ourselves ; we are unphilmophical enough to enter-
tain the conviction that the public is never so well
Nerved by monopoly se by ocuepetition—by exclusive
trade as by free trade. The surprise experienced by
the managers of the French Association at the efikiels
of unrestricted omnibus competition in the British
metropolis is communicated to their shareholders on
the other side of the Chancel with considerable
named. They felt sure, the Report informs os, in
embarking on their enterprise, that any serious oppo-
sition to the sew Company was an impossibility. They
had bought up all the best linos. The existing ember
of omnibuses is the London streets wee already so
peat that there esemed physically and literally no
room *mem. Fame had apparently bee& reduced be
the lowest limit compatible with prodt " Thome
" was besides," es they significantly Intimate to their
shareholder., "in the large imam at the command
" of a company like yours, good reason for believing
" that ao me would engage in opposition to it."
All them micalstions have, it seems, been faleided
by the results. The British Omnibus proprietor was
not to be so quietly suppressed. The large profits
earned by the Company in the first year of its exist-
ence tempted, strange to say, other capitalises into
the field. There are, unfortunately, no restrictive
laws at force in this uncivilised land to interfere
with the free employment of capital in any
enterprise not inconsistent with public interest
or public morality. A rival Company was
started ; competition was audaciously and reek-
imily set en foot by independent reptile-
tors ; wont of all, an ungrateful British
public, forgetful of all the improvements which
the Freak Company had been the means of in-
troducing, had the bad taste and the bed feeling,
from the mere wantonness of nationality, and in
obedience to those two energetic sentiments of
which mention has already been shads, to petronies
the rival lines, in spite of their far inferior meow
modation. The malt of this blind partiality on the
part of the British public has been a very material
reduction in the profits of the Association. Cos
paring the lest six months with the cormsposidiag
half-year of 1867, the receipts have been, la round
numbers, 16,6001. less, and the working expenses
6,6001. more. The total net profit on the half-year
is but • little over 9,0001. Under these cir-
cumetanses the Directors have taken their resolution.
The Company will still be a monopoly (as far as
it can), but it will no longer be a French mere poly.
Its management and the place of its meetings will
be transferred from Paris to London. Instead of
being a ?mesh Recite! en commeadite, it will be,
after the 31st of next December, an English Com-
pany with limited liability. Bach is the plan re-
sorted to by the managers of the Association, for
aratralliag the effect of those two energetic senti-
ments which do such signal honour to the British
nation, he., he.

Now then can be no doubt that, am fir MI it goes, I
this transfer of the management of the Company to
an English directorate, and of its principal place of
basins". from Paris to London, will be an improve-
ment. Then was a manifest want of ion
ambit in attempting to tarry on in a far sign
capital,
tal and by a foreign =sawmills*, an
enterprise which as intimately concerned the
efflirry-day comfort and convenience of the residents
in the British =atropine. The London public, for
whose service this Company was profoundly ".tab-,
liahod, the people who reeticaUy a:perinea& its de-
ficiencies and shortcomings, were virtually powerless
and unrepresented at the periodical meetings of
tary. Bat the manager' of this Association an

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