The Express.
London, England, 1850-03-02 00:00:00

52,588 5 10e

£445,635 910+

POWER TO 1113 IMPORT IN PARLIAMENT NEXT MINION.
Old share powers to be renewed in a

_ new form form £77,16815 0
Renewal of loans capitalised 288,375 0 0
Proposed borrowing power on 268,3;51. 96.125 0 0

£161,66615 0
THE RENEWAL OP PERMANENT WAT.—We are of opi-
nion that if the repairs are well kept up, and all defective
rails and sleepers are removed and renewed from time to
time as occasion may require, that an entire renewal of the
line will not be required for a great number of years. We
would, however, adopt the principle suggested in the
Auditors' Report, and recommend that a small per
cenrsge, say 21 per cent. per annum on traffic, be laid by to
be increased annually at the rate of one quarter per cent. till
it reaches 5 per cent. As the traffic becomes developed, the
amount would also increase upon which such per reams
would be charged. By this course we should relieve the early
shareholder+, who have to bear the heaviest burdens, and
pay for the use of the line to the extent of depreciation
caused by traffic.
ROLLING STOCK.—We are of opinion that if repairs be
' well kept up out of revenue that the value will remain
nearly constant, and that nothing should be laid aside for this
Pt 12040
e are also of opinion, that whatever fund is laid aside
out of revenue should be invested in available securities, say
in preference stock, or bonds of the company, in the names of
three trustees, not directors, selected from the largest share-
holders, and the chairman of the company to be a fourth
trustee ex•offscio. The interest accruing thereon to be regu-
larly added each balf-year ; and this fund not to be touched
except for the specific purposes for which it is laid aside, nor
without the express sanction of the shareholders. That our
present reserve fund of 21,2521. 6s. 3d., laid aside in June
and December, 1849, shall be reserved to meet any extraer-
dinary contingency.
Tits report is signed by Thomas Geese, Septimus Har-
rison, C. B. Courtney, William Leaf, Edward Binyon.—
William T. Blacklock, and William Bates, es officio. It
is dated Manchester, March 1, 1850.
Mr. THOMAS Gant° moved, and Mr. BLacxtocx se-
conded the report, in which the Chairman said the directors
fully concurred.
A long and desultory conversation followed the reading of
the report, the main point of which was a discussion as to
the mode in which the accounts should be audited. Captain
Harrison and other shareholders contended that the auditors
should have full power to examine all the papers of the
company, and even the minute book of the directors. The
Chairman and several members of the board said they would
not submit to any such system ; they would feel it to be a
reflection upon themselves, and should the auditors be em-
powered to examine into the minutes they would cease to
hold of as directors.
The discussion upon this question was much protracted,
and had not terminated when our report left.
•

STATISTICS 01' THE OTTOMAN EMPIRE.—The po-
pulation of the Ottoman empire amounts to 36,211,090 souls,
viz. —Turkey in Europe, 15,511,000; Turkey in Asia,
20,700,000. The population of Turkey is Europe is sub-
divided as follows : Roumilla and Thessalia, 2,000,000;
Moldavia, 1,400,006 ; Wallachia, 2,000,000 ; Beryls,
1,011,000; Bosnia and Ilerzegowisa, 1,600,000; Albania,
2,200,000; Bulgaria, 2,000,000; Than, 1,000,000; Isle of
Crete, 220.000; Isle of Cyprus, 90,000; the other islands,
390,000. In Asiatic Turkey thn are 3,000,000 Christians.
—Constantinople Almanac*.
SERIOUS CHARGE AGAINST A DISSRNTING
TEll.—Oa Saturday last the Rev. H. L. Adams, independent
minister, at Newark, was brought before the sitting magi-
trate, in answer to a summons charging him with having,
on the 29th of January lest, violently assaulted Augusta
Elizabeth, wife of Mr. .1. 0. Raney, of Middle-gate,
Newark, grocer. It appeared from the statement of the
complainant that she was married to her present linsband
in October last by the reverend defendant, and became a
member of his congregatiln. In • month or 64 weeks
after her marriage, the defendant, who was in the habit of
visiting her at her husband's busintsa store, made a decla-
ration of love to her, which be repeated on subse-
quent occasions, and finally committed the ilasault for
which he was summoned before the magistrates. She
further stated that she had mentioned to her husband the
particulars of the various advances made to her by the rev.
defendant, but he did net interfere or place any restrictions
upon her interoourse with Mr. Adams until he wan guilty of
the impropriety which had given rise to the present charge.
After • short deliberation by the justices, the wart delivered
its judgment as follows : " That the magistrates were of
opinion that the cenduet of Mr. Harvey had been through-
out very imprudent, but that they were compelled to con-
' vic; the dereadant," and they hued hl* lOs. and ;lite.