The British Press; or, Morning Literary Advertiser.
London, England, 1824-12-20 00:00:00

KENTISH RAILWAY (11MPANY.—CAPITAL,
USE MILLION, is Ten nengand Shares of NU each.
LONDON Dtslecsoni.
Sir JAMES C9cunrivtirart. thairnmn.

PAS:TEL Bitch, L.q. ALeinuin ift ester), Deputy-Chairman.
8. It. M. Barrett, Esq. M.P. 111.1mms, Esq.
Captain F. T. Buller. Wlll 1 Newman, Esq.
Samuel Baker, Esq. Alderman, SIT Charles Price, Bart.
Rodiester. *mond Page, E
James sqiut
Sir Cockburn, Bart. Mentlswe Russel, ' . M.P.
J. Campbell, Esq. Has Col. 0. A. C. Stopylson.
A. Crumble, LLD. :lir John Sewell, lint. LL.D.
James Paden, Esq. It. iltrtith. Esq
Jahn tiray, E•q. Llestanant.Colonel R. Torrent!,
Pinar Moore, Esq. M.P. R.M. F.R.S.
Anhurons—Ebenewr Femde • Eag. s Richard Beale, Esq.
Charles Molts, Esq.
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Taxastrasaa-31e-,rs. sal, Prior. Mirryat, and Colotuan
Mews. Coetbasso and Co.
Excniset—Tharam• Telford, Esq.
lwaractost or.Woaas—Jauns Paden, Esq.
13T AN DI VI CO tritstx,—inillata Harrison, Esq.
SOLICITORS—M*IR Wilk% and Verbeke.
:4 ECU ET•ir-11/. George Varlo.
AccouNTAxT--Mr.nenry T. Hyde.

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The application °fawn to loae4eitive and stationary machines,
for the conveyance of passeogers . awl goods, will give s new and
extraordinary impulse to the it of this country. Reducing
the met of transperting and ex commodities, hap an effect
upon agriculture and notantacto precisely analogous to that
which would be produced by Miming the quality of the sail, or
increasing the skill and energy or neekinen.
In no part of the country will •• e • - its resulting from the un-
proved mode of ineveya. . „ • „:, :11INCOCUS tom in Seat: al-
though to loco-motive , • • - • .y trill not confine its
Velorinits, 41t will. in •• ' A ' ' Make 414 of the assistance
of horses. Upon th • greater put to the proposed line s etraffic is
already immense. Along the great Kent Road, the farm produce
of a fertile and highly-cultivated county, especially in hops, is am.
veyed to the London market, and alt the various commodities re-
quired for the consumption of the county, are returned in exchange.
By the same Una, immense quantities of hire and of bricks are
brought to the metropolis; site communicatioce with the great na-
val and snilitaty depots are kelt, up ; and the intercourse between
England and the Continent of Eurone carnal on.
The quantity of goods, including navaland military stores for the
great government depots of Deptford, Woolwich, and Chatham,
which pass upon the liar which it is proposed that the Railway
shall take up, cannot be ascertained with sufficient precision to form
the basis of an accurate maculation. But upon this line there are
minor and incidental sources of advantage, which, being suscep-
tible of caleulatioo, may be compared with the expense of construct-
ing the Railway, so as to give a &bake idea of one portion of the
profits of the undertaking.
According to the estimate of experienced engineers, the expense
of a Railway ought to be A,OOO/. pt r mile ; but let it be entwined
that it may require 10,0001. per mile to lay down a Railway be.
tween London and Woolwich, and that the first portion of capital
advances! will be 100,0001. The number of short coaches running
upon this line in 150 par diem. Admitting that on the average these
coaches ere only half tilled, their receipts for passengers alone will
be 26,0001. per annum. As lueo-motive machines, moving with
twice the velocity, and with greater safety, must in a very great de-
gree, supersede the coaches, the Company will rrobably obtain
from passengers alone, independently of the luggage, an income of
20,0001. or 201. per cent. upon the capital of 10000001. requisite to
carry the Railway to Woolwich.
Between Woolwich, Greenwich, Deptford, and hoodoo, 100
waggons and carts pass daily, stems of them three or four times per
day. From Greenwich, passage and luggage-boats go every half-
hour : from Woolwich, luggage vessels, of considerahle heathen,
go daily. The loco-motive machines, running in half the time, and
and at leis expense, and not subject to delays and dangas front the
state of the weather, will necessarily supersetlealmost all these modes
of
conveyance, and in the best sense of the term, monopolize the
whole carrying trade, including the transport of naval and military
stores between London, Deptford, Greenwich, and Wonlwieh.
At the very lowest calculation, the profits seising from ail these
sources will be equal to that arising from the passengers, who now
go by the coaches, and will raise the return upon the capital of
100.0001. required in laying down the Railway as tier as 'Woolwich,
to 40 per cent, Thus, even were the undertaking to terminate at
Iroolwich, it would prove a most beneficial investment.
From Woolwich to Gravesend, along the level under Belvedere,
there are no huildiugs to intettere, and the expense of the Railway
could not exceed 4,000/. per mile. The distance being thirteen
miles, the capital required for this section of the undertaking will
be about 65,0011. It would be superfluous to go into calculations
to prove, that in consequence of greater expedition and cheapness,
the carriage of the passengers sad goods now conveyed between
Gravesend and London by omelets, waggons, steam-vessels, and
hoya, would he transferred to the Railway, and would yield upon
this portion of the capital • large return. Though the ordinary
commercial intercourse between these places would yield the Com-
pany an ample profit, yet ibis milt ',mean as nothing, when eon).
pared with that milk% from a. lattice. faith the ltailway +roan:
isselfacate. . .

On the coals landed below GrawLsmd, the London port duties
are not paid. As sem as the Railway reaches this point, the
several towns upon the Railway, and sly the surrounding neighbour.
hood, will he supplied with coals by land-carriage. The saving to
the public will be moat Important, and the advantage to the Com-
pany immense.
From Gravesend to Stroud, a distance of eight or nine miles, the
ground b...contes less favourable; and the Railway might require
11,000:. per mile, or a capital of 70.090 i. There the Railway would •
communicate with the populous towns of Rochester and Chatham,
and, by a branch, with 3laidstone and the interior of the county, to
Tunbridge, and the Ilrealds of Kent.
. . . . .

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This branch, indeed, is of the tint importance. since coals, which
now cost 30s. at Rochester, are sold in t e interior of the county at
double that sum; but if the proposed Railway be carried into
effect, the same article would be sold at a price not exceeding from
40s. to les. The cenveyance to and trout these places, of coals un-
burthened with the London duties, of farm produce, especially of
hops, of manufactured colonial and foreign goods, cannot fail to
yield on this Portion of the Company's capital, a very high return.
Ilut to this section of the Railway there is an incidental advantage,
which, as it is capable of being demonstrated by figures, will serve
to give a more precise idea of the vast importance of the present
undertaking.
Between London and Rochester twelve coaches pass daily, which,
supposing that on the 'average they are half filled, preduce, by
passengers only, /LIMO/. per annum. Thus the present coach pas.
*trig vs alone, supposing luggage and parcels to pay the expenses of
the loco-motive machine, would yield a profit of 40 per cent. on the
capital of 70.0004 required to carry the Rail from Gravesend toS cloud.
The Railway mewing through Faversham to Canterbury, and on
to Dover and to Sandwich, should the Harbour be opened, will give
to the city of Canterbury the advantages of a double port; while it
will render Faversham and Sandwich, and particularly Dover, the
depots of a most valuable fereign trade. To Faversham the measure
will also be of great value, since the harbour is excellent ; and
daring the coining session a Bill, of which notice has already been
given, to improve that port, wiil probably be passed through Par-
liament. Branches of the Railway to Illargate and Rainsgste In
addition to the profit arising from the carriage of all kinds of geode,
will secure a considerable incidental advantage, by conveying more
rapidly, more securely, more punctually, and more economically
than the Steam Vessels, the various dames of visitors who frequent
these places for amusement or health.
The cheap and rapid coinmeuication shout to be established,
will give an incalculable impulse to the property of Kent, and con-
fer the !Wit important advantages on all Its Inhabitants every
article which they do not produce, they will be enabled to buy
cheaper ; and every article which they do produce, they will be able
to sell more advantageously. Its home trade with London, and its
foreign trade with France, especially in fruit, fish, and game, and
all perishable articles requiring rapid and certain conveyance, will
be simultaneously increased.
Hitherto the boats and small craft of the French coast have been
excluded from the Thames by the port duties, and have been pre-
vented from landing their various French produce in the ports of
Kent, by the difficul and expense of conveying it to London
these impediments winnow be removed; the Railway branching
through the county to every town upon the coast, and from the
coast to the interior of the county, will make Kent the centre of our
trade with France, and will render Canterbury and Dover com-
mercial towns of the firs: importance.
It is therefore confidently believed, that of all the plans for re-
dwing the expense of carriage, which have been contemplated, the
Kent Railway will be the most profitable to the Shareholder-, and
the most beneficial to the county and to the public at large. It
possesses great and peculiar advantages. The returns will not be
delayed, as is usual in similar undertakings, until the whole line
of communication is complete, but will commence as soon as the
Railway reaches 'Woolwich, and will become very great indeed
when it extends thirteen miles further to Gravesend. Interfering
with no vested interests, the Kentish Railway will probably meet
with no obstruction in Parliament, and may be expected to receive
the countenance and support of Government, in consequence of at- ,
fording a cheaper and more rapid communication with the great
naval and military depots.
This Company will be governed by Eighteen London Directors,
who are empowered to add to their number, twelve Gentlemen
selected from the county of Kent, whose names will appear in a
short time; and who will have the right of attending, wine con-
venient, at the meetings of the Directors in London, and of voting
thereat. The Capitol of the Company is One :Billion, consisting
of Ten Thousand Shares, of 19.0. each, on which a deposit of It.
has been paid. As early an aphilicetion to Parliament will be made
fur an Art to carry these objects ituo effect, as the number and inh.
portance of the prior arrangements will relent. Nu loather call will
certainly be made until June teat ; nor even at that time, unless
the Act of Parliament for cstebit.hing the Company shall have
been obtained. No future calls wall exceed W. in amount at soy
one time; and every facility will be girchh to the Shareholders, in
the transfer of their Shares, and in paying the Instahnents which
will be required.
Any further infinenation can be obtnined at the Offices of the
Contraly, No. '29, Poultry, where all communications are in
future to be addressed. Ily °obr of the Direct re,
London, 20, Poultry, Ike. 18. G EORGE VAAL°, Sec.