The Express.
London, England, 1868-05-18 00:00:00

l•-••it upon *harem LI per share, with liberty to pay np the
1' • E 9 or a less amount In advance of calls.
J. upon Mock £lO per cent. upon application. and the
g• oouder within three month. of the allotment.
r. 4 at Five per cent. wl I be paid upon all deposits from
tte July neat, and upon all payments in advance of calls
‘e.iu, 7,9 silent of stock, Ulnae before that day, from the same
bens and from the day of payment, if made after that time.
le the allotment of shares and stock. a preference will be
o to those who shall have paid in full, or In advance of calls.

I. met or and Officers the same as set forth in" the Orissa"
e:u4•rtaing advertisement.

ABRTMED PR(*PECIrS.

112•• gnat value-
and promising nature of "The Behar Cm
dert..tiog,- secured by contract to this Company, have, dur-
ing the lost eight or ten )ears, been so well and favourably
le.eussed in England and throughout India, first by the
6.,Vertuntlit and then by the Company's officers, and are now
so g .nendly known that any statement which the Directors
might add upon the aulqect would be superfluous; they, there-
fore, limit themselves to an assurance that they are satisfied It
=ts a safe, sound. and profitable investment : and unhesi-
ly solicit subscriptions towards the requisite capital; at
the same time they quote, as coofirmatory of their own Judg-
ment. the following:
Final,. An extract from a despatch to the Secretary of State
is council. dated 10th March, IMI2, recommending that the
None Canal Project should be given to a private company,which
despatch was signed by the late Lord Canning as Governor-
ihncral. mot by Sir Henry Bartle Preys (since Gorernor of BONI-
N, owl now a Member of the Council of India In England, Sir
• , .11 headon •afterwaris Lieutenant Governor of Bengal), date-
r,l hohert Napier :now commanding the forces in Abrishdal,
••1 Laing. Seq., M.P. (then the Finance Member of Council
and the lion. W. Ella's—being the whole of the
.••• • 1111 l lental Council. viz.:

it o, Honour the lieutenant-Governor considers that
,„,. conal Project holds nut better preepec than the Otiw
out that It would he good for Dot 6 the Kest India
instead
and for the country If the Company were to
,s instead of the other , but the projectors prefer that
-elected by them.
long regarded this scheme as one of aU others, In
I ..bich pdvatr capital should be Invited.
this advantage in Government taking the Initiative
< the great works of the country, that they are so
' or the pubic that they can be discussed In the light
ledge and experience. The only drawback to doing
rt,k of misleading capitalists and raising mistruet of
. writ Instance no such risk need he apprehended,
ideal throughout Colonel Dikkens Report a moat

• ..• ;J toreii

-I.lly. Two paragraphs from • minute recorded by Sir
two litutenunt.Govemor of Bengal, viz. •
• rh.- o.c..eincent province of Behar, which would biadralrably
captain Dickens' projected canal from the goane.
.re would certainly he very much less ;than at Cuttack',
t.... t. torus ma y reasonably be expected to be math more
re. •r. , .ruse we lino", a fact, the value of irrigation In
het.,, I lic is better. and the natural rainfall is lees by half
' and mu, 11 It's certain in Bella than in Cuttack.
,• • duable gimps ore not the rain crops In Behar, and for
%doable crops there it Is found by experience that el-
l: •.,e *Ol irrigation pays, which las not been proved by expe-
o. -• t the general use In I whin.
s• Lt.', to recommend this enterprising Corepanl. in whose
"• ' person connected wth India must feel deep inte.
Captain Dickensi scheme of irrigaUon from the
whieh complete plans and estimates are available, and
r. tho, e• wanted hat The money."
• ootract With the Government the Company are en-
Im r^ give retain all profits from the sale of water for
.0. until The dividends paid to shareholders shall exceed
I.l* coat upon the total expenditure ;Dade, after which
ouch profits is to be divide...quay between the
e, r,..!"""t and the company. The returns from all other
to belong to the Company exchulvely.
e of works to be executed has now been th,roughly
'4'4'4 M
sod nathfully re.pithsted on behalf ot the Company,
aw"l
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