The Express.
London, England, 1861-02-25 00:00:00

(STERN RAILWAY.

801711 5.4.

Ti* report .4 th.• directors, to be prem./A(4 at
lb. neat aw. t, q • f the prnrwt..,, to be held on the 24th
at the horde Tare re. store that the seamier for the ball year
~hag the 31.4 of •laneary, Iwil, exhibit an increase hi the
my..., .4 12,t01/. !1/4 114.. the gar receipts for that
I.ncal he, 'of hoen compared with
por t lio correapria ling penal of the precediag
The .I..terocuts .4 expenditure . note's, amount
that the ordinary workino carefree duetss the six
r„,e,th. trees 219,4ra1f. ; the rates, taxes,
,oiverninent duty 37. p . Is. 9d. and the
..les loon ors the steam.facket work* 16,751(. Is. Bd.,
,e a totil of 271,0701. lee rid. After providing
t! • hr.erl char,,rea for rents of breach lima le'
treat .41 I.IIIIS, aunuitiee, awakedla re imanraterd mock
.1..1 polenruce .hare., ,lc their rt tatins a net Imbrue *4
Is. available. for divehred us the onlinary rear
pole/stet stock of the company. A dividearl 14. per 30f.
4.. h. 44 at the rate of ti per rest. per annum. will absorb
a sari of 221..011t, bevies a balance to le carried forward to
the seat half-year of 2.l.lfklif. ts. tid., awl this diselsod thedi-
eerier rarresiereed to be peel oaThurrolso the 7th day of
seek next Tables are given which show that there has
hien aa incrsam of 183,703 in the camber of passengers
carried, sail of 3,8Ut11. in the gra.n receipts of the lialtycar
Nadia' the list January last. The principol iscnaae hes
h... througheoa4w.W trathe. which the .11/Va.'', ray
is probably stoributabk in some lIASOUtIi 44, the oper.ition
al the recent commercial treaty with Frairce. Ti.. short
or local tauter has seemierily been unfavouraldy &fleeted by
the very angsmial werther which prevailed donne the last sa-
tanic The statement of gm.. reerepts for merclantline ex.
labile a darer* of eat., which is explained by the almost
total failure of the last crop of hope. The soros has
proved m. ,t cal.doitous fur the grower.. a Tulare so reto-
ld, to b.r. w. pwarqrly been known during the last thirty
n. The ber iiierchandise tram,- from this rune alone
has am-inter! to I:4orkil. The outlay no dpi amount
during tiro holf.year hoe been 151,9•47. of which 81.1,0.
ban bees in respect of the works of the Clarity at.. Rail-
way now in program, and the remainder for the
.4 rolling stoek. and the premiere of artlitionars=
arorminoidatioa as duly authorised be the proprietois.
A I+'. toe of the above expenditure Ira also bras in.
cu rre4 is extending the company's pier at Folkestone.
The directots have m.ou notice of as interior] application
to parboniess for powers to ctestruct a short brune6 for the
purpose of Saracens( the counectioo of the main lee with
Yolk...tom. harbour, including a provision for the better
tocuoodatime of the camp at Shonicliffe, Hythe, and `end.
el,. The intended coastructioa of this branch was referred
• state special general meeting of the company held on the
roll October last, sad thes received the approval of the
proprietors. Application is also being wade by a separate
hill for powers to rare the capital for the other works speci-
fied in the circular to Ur proprietor, dattd 11th October
Iwo and which received their sanction at the same meeting.
The Cbaring•crom company have taken steps to oceed
with a bill us the persist smarm of parliament, for the
par-
pow of enobling theca to connect the Charing-mous &Al-
w.,y directly with the City. by means of a short breach ter-
smutting in Chnnosietreet. The South Eastern board,
having had the pleas under their 000sideration, and regard-
log thu immure as calculated to have a highly beaehcial in-
dileace on South Pastern interest., have saaetioned the per
lionentary splices published by the Charing-criest'omputy.
lu event of the bill being paused by the House of Commons
in iterareat form, • special meeting of the proprietors will
he ailed for the puma,* of earelering and &radios on its
provisions. It twill then also be for the proprietors to de-
cide on the relative position and mutual action of the two
companies.

NORTH

)lIDON RAILWAY.

The report of the directors to the half-zsa
to meeting, be held at the company's offices,
station, on the %lb instant, shows the total receipts from
all sources, including balsam from lain half-year, to be
79,3771., and the apanditare 42,0.50/.. le.sins in favour of
the former 36,5271. ; deduct the interest on the debenture
debt, sad them is • balance available for dividend
at the rate of Avessels-half per cent., of VAR,- ; leaving
to be carried forward to current balf.year'. account, 580/.
The receipts from the passenger traffic have been fully main-
tained, notwithstanding` the unusual inclemency of the
weather during almost Omani= half-year. The coal traffic
receipts continue Mallow thapreltressive Improvement which
commenced at the time elm the company took the work-
ing of this branch of banison into their own hands. Very
heavy expanses have been incurred during the past air
months for repairs to the company's locomotive and car-
riage stock, and in relaying • comiderable portion of the
permanent way with sow rails and sleepers. These apex ,
tins. hare been secemary to keep the pleth and lime in that
state of thorough efficiency which is mental to the punc-
tual sod safe working of the trains ' • sad the whole of the 1
outlay has been charged against the revenue of the half.
year. Judgment has lately. been given on the loatflondite
appeals of the company &mutat the mosenenenta of the rail-
way is the parishes of St. Papaw aad Islingtoo. The pa.
Ashen are required to refund to the company about 2,r00f.
for rates overpaid, aad to pay in additioa the balk of the
costa The great disadvantages under which the Rae la-
bouts, in consequence of the setremely circuitous rout* by i
which It reaches the terminus in Fachurchareet, have
of late forced themselves with increasing weight
spa the consideration of the directors. Passenger. travelling
by the North London Railway from the Camden static; and
from the most populous points of the intervening district, to
the centre of business in the City, are carried, at great
loss of time, double the distance necemary. ln consquescie
the company suffers severely, not only from competitaos by
the ordinary roads, but • valuable traffic is left uode.
alined ; for it is amaifeet that if the means existed of
affording ananklad and speedy communication betweeo
the City, the scram suburb; and the country bevoed
than, a math Yager sad habitual resort to those localities
wosM be the attain resell ]kit if these hindrances and
drawback. to the lansalag prosperity of the line be felt at
t=thew an ahmelsat indica-tithe that at distant
ov sae likely to seems • still more serious aspect,
for it is inaproaßria to look at the actual sate of things, and
to axamise, at the seam time, the local maps, without feel-
ing caseload that ewes the existing traffic of this
company would be mast injuriottalv affected, by any line of
railway foemiag • direct route between the north side of
Diadem and the mon densely peopled part of the metro-
polio Avowal schema having this object in view have
already been projected, sad although they have not yet
ben earned into exeentiesa, the duo-tore apprehend that
that they have only bees postponed, not abandoned. After
the moot careful cossideration of this subject in all it. bear-
ings, the directors is the saturou of last veer instructed
their aegis* to mats surveys for a branch from • paat
feet the Kuiphood Satan to the neighbourhood of Old
Broad-street An anneal site for • terminus has been
found is Liverpool-Moot, sad the encloser has Leon able to
select • lion which will, for the most part, intorfete
only with property of an lofenor description. The
requisite parlianmatary sakes have accordingly bean
given, and a bill ha. bees Introduced for the construction of
the branch. The effect of this improveenent will be to
shorten the average distance, and the time occupied in the
jounny to the City by shout ono-half ; ea improvement
which cannot fail to offer greatly increased inducements to
met of business to reside in the dithriets which will then be
obairably served by the hoe. At the same time that the
onedderations above adverted to were engaging the Wen-
boa of the directed; the bard of the London and North-
Westeru Hallway, whose stake in this undertaking is well
known to the were deliberating bow to aware
for their goods which are sow carted from the
Chasten ,tailors) sari of rapid and certain deliveey aad
collection to sad from the City, in respect of which the
difference of an low is elan of the greatest imports*.
That board, ea being made acquainted with the
mews of the directors, ia regard to the absolute
seaway of taking decided steps to genre mi
improve their poseiniger trait; approved and slopted the
measure contemplated, se the best suited fur the purposes
required. Careful estimate' have been prepared of the eat
of the undertaking, and the ammo which it may Is ex-
pected to j old The total cost of a branch, with three lines
of rails, sad the necessary pmenger station, is estimated at
700,0001. The or ale depot, intimated to coat 300,0001., will
be castrated by and at the expense of the London and
North Winters Company. The director. ,detain • ors-
Ildastopisios that the imams in the pasempr Oak which
will assuredly follow the greatly improved accommodatiors
afforded to the public, together with the additional goods
traffic to be derived born the North Western Company (the
amount of which may be measured by the character of the
depot which that company proposes to erect), and the *big
which will remit therefrom, will be sufficient to yield en
adequate return for the proposed outlay of capital. la
pursuance of the same line of policy, the di-
reetun have also applied to parliament for powers
to wide, the existing railway from Canvialown
to Kingalead, in order to provide for the additional
traffic which must be thrown on that part of the line, In
oonsequenoo of the coostructiou of the Idol ...NI branch. A
opseal meet* of the proprietor. will be called at the pro-
per period to consider the movaloas of the bills above ad-
verted to. The director' recommend a dividend for the
half-year at the rate of 5l per cent. per annum.

LONDON, CMATJAM, AND DOVER RAILWAY.

The directors' report states that the Western
Estensine Use was owed on the let of December last.
They had great difficulties to costeed with. is the first M-
eteor* (rum the state of the road arising from the unprece-
dentedly bad weather which prevailed for some weeks after
the opening, sad also from the went of rolling stork. The
learner di y has been now removed, the permanent way
Bering Veen brought into good order, but the company are
still suffering from the insufficiency of loci motive power.
This has mimic arises from pregame of work on the mese.
lecturers, has prevented them delivering a single
envie d lifty_which were ordered in June last. The has
t° L'OTer• will' the exception of the permanent ststies,
which it is sot inteoled to erect at once, is nearly completed.
Os the Metropolitan Extension the works are pro.
with unusual vigour, and every exertion will be
manias
complete it as sOOO as pomade, the board
iNe=conked:ell that the traffic cannot be properly d
without &City terminus. The board has coma to the cen-
duke that the time has arrived whets it is seeemary to
MWeleu. b..% • geeforl.4
its of their traffic. Great difficulty
aft with a pence is ell
suitable, but it as hoped that a satisfactory sowasgemowt
will be shortly effected. Owing to rime diffiwiltios
Thad love arisen is coschwthis the tile owe aim

THE E

time of the railway whisk an tined by the South Eastern
as well as by this eon the board have found it neces-
sary to intosluce into parliament a hill for the coustruction
of a short an. from Iteckenhaiti to iu only to mecum
to them for all time the due transmission of their tragic
hoe from interfereace by toe South Eastern company. The
directors have also introduced • bill into parliament to
obtain power to commute the portion of the prohts applica-
ble to the Western Extension for a lined rent to
be hereafter determined by the shareholders, awl
also for the purpose of leasing the Margate
line and the proposes' extension to Roo-kite, should the
proprietor. think that such se arrangement is desirable. It
is the intention of the Metropolitan Railway Company to
apple to parliament for power to extend its line from the
junction with this company's hoe at Farringdon.,treet to •
stathe at litalnry Pavenout. within about 401.1 yards of t!.e
Bank of Englauti The directors muskier that this extra-
-1141.41 will Le ..f great advantage, and would recommend the
abareholders to give it all the support in their poser. It is
also proposed to earbaak the Thames from Whitehall to
Bribe-street, Blackfrials, and to construct on the embauk.
meat a rood sod • railway. The latter would have stations
at What'll:ill. Charing cross, and Waterloo bridge, soil form
a junction wall this company's line adjoitoug its station in
Farriogdon.strcet. The directors are dimposied to entertain
• favourable opinion of this undertaking, which, if tarried
out, woull afford the company stations to collect its troth:
at all the hot important points in the south of the metro-
polis. as the intended connexion with the Metropolitan Rail-
way does with those in the north.

METROPOLITAN BOARD OF WORKS.

The usual weekly meeting of the Metropolitan
flour,' of Works was held oo Friday in the Council Chem.
bor. ; Mr. J. THWAITL% in the ahem.
The ituaticul statement was presented, which showed the
following c,o,h haleness in the hands of the treasurer on
the 16th of February :—Corrent accounts, 36,9871.10..11d.;
deposit accounts, 00,0001. ; total, 116,941. 10s. Ild. ;
government securities, New Three per Cent. Annuities,
; cheques ordered, but sot presented : issued,
2.t.'971. Os. ; not Issued, 13,931 Y. 16a. lld.—total,
P.,...r.t2/. IT.. fid. The sum to be set aside this year for re-
payment of mortgage debts amounts, up to the pre•eut
time, to 2,510/. Hie. 2d.

TILE IRW GAB ACT.

The following joint opinion of the Solicitor-General and
standing counsel of the board se to the payment of the ex-
penses of the Gas Act was presented:
" We Sr. of opinion that the expenses in question must
be defrayed by the Metropolitan Board of Works out of the
funds which they are required to levy upon the whole of
the vestries and district boards of the metropolis, and that
there is no exception in favour of those vestnes and district
boards having jurisdiction within the limits of the act
referred to in the sth section of the Metropolis Gas Act.
But we think that the liability to contribute to those ex-
penses is limited by the language of the act to these bodies
which strictly fall within the description of a " vestry " or
" district board," and that as that description is not applica-
ble to the corporation of London, no part of those expenses
can be levied upon the City. This view of the case is borne
out by the general tower of the Metropolis Management
Act, which throughout its provisions carefully observes
distinction between the City of London and the other
portions of the metropolis. We also think that the local
boardot health of Woolwich, constituted under the Public
Health Act, and subjected to the Metropolitan Board •io
lien of the vestry of the said is not a vestry or dis-
trict board within the rateatvg of the enactmeat in ques-
tion. and that that pro shame be made liable for any
portion el the =loom famed to.
Calissd) " W. ATFIZITON,
E. H. WOOLITat."
TIIT WiTIOPOIMI MCAT. MAXACJiIIiNT ACT.

Mr. ifooThiicg.iirs aissultig counsel,-prsess----ted two hills
for the amendmmatuf tie Metropolis Local Management Act,
one embracing the chose re-apportioning the Rock Lam
on thedilferent piglisea, and the other omitting that dune,
leaving the bill silt paused the committee of the House of
Commons last sensiou.

Mr. Csament Roved that both bills be approved, which
was seconded by Mr. Dou:rov.
. .

Alter some discussion the question nee put and carried.
TIC YUAN= ZIESAVICIIENT BILL

A report was brought up from the Main Drainage COM-
mate*. recommending Met • tine againet the Thames
Embedment Bill be prspandand presented to parliament,
that it be referred bock to aka committee to prepare such
petition, and that a deputation from the beard I)eappointed
to communicate with her Majesty's government, with the
view of ascertaining their intentions with respect to the
rid

Mr. POLLAID, the clerk, said the reaml reading of the
bill had been postponed until the 21st March.
The CaAtammr said that with regard to the present peen-
liar position of this question, it might not then, perhaps, be
desirable to confirm the report of the committee, as • change
of circumstances might arias. At the present moment be
thought it would be well that the oussideration of the
re
should be stponed. r
Deputy HARpoIUMOIII said that some of the provisions of
this bill were so monstrous to this laerd, that he was sur-
prised that they could ever have been inserted in any bill.
The further consideration of the subject was adjourned to
the
ma el March.

Is am iinr to ;question from Mr. &heat,
Tbo Ca Ualtall mid the bowl would occupy the new
alines in Spring-psalm as Friday next
Some routine Minium was that disposed of, and the board
adjourned.