The Sun.
London, England, 1855-12-24 00:00:00

ADVANTAGES OFFERED TO CUSTOMERS BY THE BANK

F a ilx aortr.—Receiving --
OeFd let°tielopf°h7t.erest on their balances, the
customers participate in the profits without incurring the risk of
partnership.
9sc
rßlTlr•—ik capital of 600,0001., of which 300,0601. is paid np sad
Btvosted.
This capital, or any portion thereof, cannot be withdrawn.
Further security is afforded by four hundred partners, whose lia-
bility is not limited to the amount of the capital or of thelprureussphe:
B YO shares.
PeaucerY.—The assets aad liabilities of the hank are b
monthly in the " Gazette."
Auditors to examine the acooants are appointed by the share-
holders.
A full account of the position of the Bank, attested by the Audi-
tors, must be publLsbed at least once in every year.
BEcutcy.—Whlle complete publicity al regards the position of tile
Bank is provided for, the pecuniary affairs of the customers art pro-
tected by declarations of secrecy executed by the Directors, Mana-
ger, and the officers of every grade.
(By order).
MATTHEW MARSIIALL, jun., Manager.
BENJAMIN SCOTT, Secretary,
ThreadstElle-etnet, Decimbor 6, abb.

btt Ls' PAPE
71
- • A -Af
tAA
. • ' • "1 rl • • 7 • • f - - -
salary was then to commence at 6001. a-year ;an it wait 1 /.71.7.ep
further arranged that ifhe' could save the company:wires* -304rh,4"
by his management exceeding 10,0001. a-year he should VP
ceive 5 per cent. on the amount of that excess. When hita
first became chairman he objected to the heavy percentage lTaLe ra.S
Mr. Godch presented for payment, and for several months
they were not paid; ultimately the matter was referred t L.
Mr. R. Stenhonson, a ho recommended the payment • :
Mr. Gooch's claim. use facts wero known to the corn
*ittee, but the, had entirely suppressed them. He (Me'
Waddington) had never approved that egreement ; th
moment the opportunity offered (in May last) le gave nel
tics for its termination. The question for the shareholders
to decide was whether they had gained by the experimet.t.
The working expenses had been 46 153. pert] ain mile when
he came into office, and they had been reduced to 28.87 d.
per train mile ; the locomotive expenses were 17.81 d., and
they had been reduced to 9.664:• and for the lest half-year
were 11.15 d. per train mile. Holed received 5 per cent. fit
about 50,0001. a-year. With regard to the committee's re-
port on the stores and the frauds and losses in that depart.-
ment Mr. Waddington states that they had been found out
not by the committee, but by himself. The Committee of
Investigation made no discovery with regard to this de-
partment. Everything to which their report refers was in-
vestigated and discovered long before they were appointed.
The plunderers here detected, tried at the Old Bailey,
and transported. It appears that the Stores Committee
had relied too confidingly on Mr. Williams, who had ne-
glected his duties, and was accordingly dismissed. Groat
blame was attached to the Stores Committee for neglect of
their duties. The Committee of Investigation had stated
that they did not know whether the loss by those frauds
had been 10,0001. or 40,0001. The auditors' report showed
the deficiency to be 4,338/., but Mr. S. Britten, the accoun-
tant to the stores, disputes the accuracy of that account,
and estimates the deficiency at only 1,2631. With regard to
the articles sold for old materials it appeared long before
the committee was appointed that some horsehair worth
130/. was improperly sold for 100'., and the storekeeper was
severely reprimanded. As to the increase of capital sines
the 30th of June, 1851, being 1,213,9321., the chairman
fully admits it; but states that when he became chairman
they were working 322 miles of railways ; they were now
working 518 miles, showing an increase of 226 miles.
Those new lines have cost in purchase and construction
51Q,000/., and fer rolling stock taken 200,003., total
750,000/. Since he became chairman the earnings had in-
creased by 450,0001. a year, being 373 per cent. on the out-
lay of 1,214,0001. He states that when he became their
chairman they were dividing nothing,: but during the sub-
sequent four years they had divided 6,c2,752/. During the
three half-years before he filled the chair they divided 2s.
per share, or 34,2091. ; but during the three half-years
afterwards they divided 15s. per share, or 218,7381. He
contended that every addition to ca atal had had a corres-
ponding effect upon their revenue, sa'ne' +l,vq, if the capital
were increased in Me next five year the same propora
tion and with the same results the Eastern Counties would
pay 5 per cent. Mr. Waddington disputes the whole of
'the items, amounting to 36,00 W., which the committee say
should be charged in reduction of the net revenue. He
explains the reason why they removed the banking acoonnt
to the Union Bank, the nature of their advances to the
Norfolk and Eastern Union Companies and to Mr. Wythes,
the contractor; also 8,0001. to the Corporation of Harwich,
on account of a purchase. He concludes with an energetic
appeal to the shareholders, asking them whether they will
consent to hand over the management of their property to
the East Anglian interest, or any of the members of the
Committee of Investigation. In conclusion he states :
"Errors and mistakes I may have committed in direct-
ing your vast, varied, and complicated affairs ; but this I
can honestly say, that for 5 years past I have placed at your
disposal all my time, the best of my faculties, and whatever
experience of railway affairs long and intimate acquaint-
ance with them has afforded me. To entire devotion to
your interests and unremitting labour in your affairs I have
added integrity of purpose and of conduct, which I will
allow no man to impeach.
I now leave my answer to the judgment of unprejudiced
minds. That it will satisfy rancour and malice I cannot
expect; but that it will exonerate me where truth and
justice prevail from foul imputation and false charges I am
certain; and in the conviction that I have throughout
acted as an honest and an honourable man."

Naval and Military Intelligence.

The Pylades, 21, screw corvette, Capt. D'Eyncourt,
arrived at Spithead on Saturday from the Baltic. Ou
Saturday afternoon the Transit naval steam-transport,
Commander C. R. Johnson, embarked the 2d Light In-
fantry Regiment of the British German Legion, consisting
of two battalions of 500 each, at the dockyard, for Scutari.
These levies present the appearance of remarkably fine
men, intelligent looking, and of mature soldierly bearing.
They were supplied with every probable necessary, and the
Transit went out of harbour with them fur their desti-
nation yesterday morning under very favourable aspects
of wind and moderated weather, after a most tempes-
tuous night. The steam-transport Imperador went
alongside Portsmouth dockyard on Saturday to prepare
for the embarkation this day of the 3d Light Infantry
Regiment of this Legion for the same destination. By
the spring four regiments of the British German Le-
gion, 1,000 strong each, will be assembled at Scutari,
in fine sirviceable condition and efficiency. The steam-
sloop Pt ly phemus, 5, Commander Warren, left Spithead
on Saturday for foreign service, calling at Plymouth.
The screw-sloop Ariel, 9, Commander Maxse, left
Spithead on Saturday. The Vixen and Rhadainanthus
steam-transports left Portsmouth on Saturday (after un•
loading machinery f,r steam-ships fitting out at that
dockyar,i) for Woolwich. All officers selected to com-
mand gun-boats for the ensuing campaign are to be sub-
jected to a preliminary examination and training in prac-
tical gunnery on board her Majesty's ship Excellent, at
Portsmouth, commencing on the Ist Jan. next. Vice-
Admiral Sir T. Cochrane', commaud•in-chief of Psrts-
mouth expires on the 27th inst. ; be will be succeeded
on the 31st by Vice-Admiral Sir G. Seymour, K.C.8.,
who has selected fur his staff, Captain (flag) A. S. Ila=
mond ; Flag-Lieutenant, M. R. Pechell ; and Secretary,
Mr. J. W. M. Ashby (Paymaster R.N., 1852). Captain
Gordon, of the Victory, will remain flag captain for a
few weeks longer until relieved by Capt. Hammond,
The steam-transports Sir J. Eastbope, No. 152, and
Northumberland, No. 51, arrived at Spithead yesterday
from the East, to he paid out of the transport service.
Her Majesty's ship Albion, 90, Captain Drummond,
has arrived at Plymouth.

The King of STArdinia, has sent, through the Marquis
d'Azeglio, the Sardinian Minister, the following presents
to officers of the Royal navy at Portsmouth, in com-
memoration of his isit to that port :—To Capt. the Hon.
J. Denman, commanding her Majesty's yachts, a gold
watch of novel manufacture ; to Lieut. Newcomen, first
lieutenant of her Majesty's ship Victory, who had charge
of the Royal yacht Osborne, fitted out for the accommo-
ition of the King, a set of diamond shirt studs ; and to
Mr. Paul, commanding the steam-tender Fire Queen,
one of the squadron of honour to the King, aset of gold
*est buttons and sleevelings.
The following appointments were made. on Saturday at
the Admiralty :—Commander lll'Leod B. Cockraft to the
Agamemnon ; Lieutenant H. D. Grant to the Pearl •
Lieut. E. F. Weld to the Seahorse; Lieut. R. Reid
to the Brunswick ; Lieut. A. Hamilton to the Conway;
Lieut. S. E. Lomax: to the Devastation ; Lieut. C. Fair-
hohne to the Pearl ; Lieut. R. M. Gillson to the Vul-
ture ; Lieut. T. B. Hollin worth to the Brunswick ; Lieut.
J. P. Cheyne to the Seahorse; Lord Mon tg,omerie, naval
cadet., to the Conqueror ; H. R. Gawler, master, to the
Devastation ; W. J. Olive, master, to the Brunswick ;
J. W. 11. Howey, master, to the Seahorse ; Duncan J.
Louttid, matter, to the Pearl ; C. W. Eeles, paymaster,
to the Brunswick ; J. C. Payne, paymaster, to the Arro-
gant ; J. Singleton, master, to the Royal William ; A.
A. Speed, paymaster to the Pearl ; C. W. Soirgese, pay-
master, to the Devastation ; R. G. Browne, paymas-
ter, to the Seahorse ; J. Hill, paymaster, to the Forth ;
W. S. Crealoch, paymaster, to the Fisgard ; G. Shield,
assistant-clerk, to the Brunswick ; Owen Joynson, tem-
porary &elk, to the Brunswick.
The paddle-wheel steamer Dee, Master-Commander
Pullen, sailed on Saturday morning from Woolwich, with
machinery an 1 boilers for Port-eneuth. Her Majesty's
steam-sloop Inflexible, Maeter-CominanderW. B. Madge,
left Woolwich at the same time, with a similar cargo,
for Devonport. The surveying-ship Merlin, Captain Sul-
livan, was on Saturday morning admitted from the outer
to the inner basin, to undergo some further repairs
which are considered, necessary in her hull.
for some
The experiments which have been carried n.
ents were special!
on Saturday.
weeks past in the Arsenal marshes at Woolwich termi-
nated2etrhiemdurability of a co
y
designed with a
mixture of metals Various trialsof cum-
mixture
for gun purposes. an
d novel nature were made with guns cast
interesting an view These
ese
testing ?x
of materials,
these mixed proportions which, with-
outfr exception, stood the repeated test well. However, at
the conclusion of the experiments three 24-pounders of
the same species of mixed metal, 9,i feet in length, were
fired with the ordinary proof charge, when each burst in
succession at the first round.
The remnant of the 21st company of Royal Sappers
and Miners from Bermuda, by the brig James, having
been wind-bound for some days at Portsmouth, arrived
on Saturday morning at Woolwich, and, having been
medically inspected, were admitted into head-quarters.
The 21st embarked from Spithead on the 11th of Novem-
ber, 1851, and arrived on the 17th of the followine-
month, a full company, composed of 3 officers and 10‘...:
non-commissioned officers and privates. During the
period of their station there 25 men died from yellow
fever, so that the company has been reduced by that and
other casualties to half its allotted strength. Col. Phill-
, potts and Lieut. Greatorex fell victims to the disease
shortly after the company's arrival at Woolwich, and
within the same week. The entire strength of the com-
pany now arrived in England is 2 officers and 51 men.
The whole of the Royal Sappers' and Miners, front
Woolwich, are to occupy the huts at Chatham by the
let of January, when Captain Fitzroy Somerset, it is
reported, will be the Major of Brigade, Adjutant Geo.
Lempriere, from Woolwich, continuing the same duty
at Brompton.

The Queen has forwarded to Private Thos. Walker,
95. .
95th Regiment, a present of 10/ On her Majesty's last
visit to Fort Pitt she was struck with a carpet brough t
to her notice as the work of Walker, and desired that i t
might be forwarded to her Majesty, which has reoently
been done through Colonel C. B. Phipps.
At a board of examination at Chatham, Surgeon Ro..
bert Battersby president, assisted by Captain Bunbury
and Mr. George Pratt, 73 young . men of the Medical
Staff Corps were passed as proficient in their duty as
hospital orderlies.

[ADVERTISEMBNLJ—HoIIaway's Pills an extraordinar v
remedy for the Cure of Bile and Liver Complaints.—
Copy of a letter from Mr. William Baldwin, of New
BrOMptoD, Kent, dated August 25, 1855 —" To Pro-
fessor Holloway.
eare
from
adispaorederreSr'
diFivilinera,vangd finding
aid of no avail, I was induced to try your invaluabi e
pills ; and, after taking them for a short tine I have the
greatest pleasure to intorm you that they have been the
means of restoring me to perfect health. Signed W
Baldwin."—Sold by all medicine vendors throughout th e
world ; at Professor Holloway's establishments, 244,
Strand, London, and 80, Maiden•lane, New Terk ; by
A. Stampa, Constantinople ; A, GuidicY7
Ja, Hob Dialta.
_ Smyrna; and

EASTERN COUNTIES RAILWAY.
LOWESTOFT SHIP-YARD.
The Dirtctors of the Eastern Counties Railway Company are pre-
pared to RECEIVE TENDERS from panics who may be willing to
RENT the SHIP-YARD at LOWESTOFT far a period of 21 years.
The terms, and conditions upon which the above ship-yard will be
let may be obtained on and after the 29th instant upon application
to the undersigned, or to the station-masters at either of the follow-
ing statioits—viz., Lowestoft, Yarmositla, Ipswich, and Harwich.
Tenders must be lodged at the Secretary's Office, Bishopsgate Sta-
tion, not later than 11 o'clock a.m. on Tuesday, the Bth of January
neat. The Directors do not bind themselves to accept the highest
or any tender.
Bishopegati Station, Dec. 22, 1855.
2)

By order.

J. B. OWEN, Secretary.

MADAMS JENNY GOLDSCIIMIDT-LIND.
EXETER-HALL. —On THURSDAY EVENING next,
December 27, 1555, Haydn's Oratorio of THE CREATION will be
repeated. principal Singers—Madame Goldschotidt, Mr. Lockey,
and Mr. Lawler.

—Handers Oratorio of THE MESSIAH will be produced en MON-
DAY Evening, Doe. 31, in which Madame Goldschaildt will slag the
-incipal ,oprano part.
The Chorus and Orehestra will consist of more than 600 performers.
onductor, M. Benedict.
Prices of admission. Stalls (Numbered and Reserved), One
Guinea; Uunreserved Seats (Body of the Hall), 10s. 6d. ; West Gal-
lery, lOs. id.; Area (under West Gallery), 7s.
Doors open at Seven, to commence at Eight o'clock precisely.
Correct Books of the Oratorios aro given with the Tickets.
Application for Tickets to be made at Mr. Mitchell's Royal Library,
33, Old Bond-street. •
Due no•ice will be given of the first Miscellaneous Concert.

R. W. S. WOODIN'S OLIO of ODDITIES,
illustrated by :0 instantaneous Metamorphoses of Voice,
Character, and Costume, and a moving Panorama of the beautiful
Lakes of Westmoreland and Cumberland, every evening, at 8. A
representation of the celebrated tragedienne, Mlle. Rachel, as Camille
is Les boraces, with other new featares, have been added to the
above entertainment. During the Christmas Holidays Mr. W. E.
Woodin will give two morning performances only—Saturday, Dec.
29, and daturday, Jan. s.—Polygraphic-hall, King William•street,
Charing-cross.

TI/EATRE ROYAL, HAYMARKET.
Under the Management of Mr. Bucketone.
On WEDNESDAY IrEXT w'll be performed
THE LA' OF LYON'S.

Claude Molnotte, Mr. Howe ; Colonel Dames, Mr. Chippendale;
Beausent, Mr. W. Ferree; Pauline Desehappelles, Miss Reynolds.

After /which aNew Comic Christmas Pantomime, entitled
TIIE BUTTERFLY'S BALL AND THE GRASSHOPPER'S

FE AST ; "j 1 the Genius of the Spring.

/LOYAL PRINCESS'S THEATRE, OXFORD-STREET.
Under the Management of Mr. Cnims fats.
On WEDNESDAY NEXT will be presented
THE HEIR-AT-LAW.
After which will be produced a New Grand Christmas Pante•
mime, entitled.
HARLEQUIN AND THE MAID AND THE MAGPIE ; or, the
Fairy Paradisa and Hanky Panky, tke Enchanter.
Ilarlegnin, Mr. Cormack ; Clown, Mr. Milne ; Paitaloon, Mr
Paulo; and Columbine, Miss Phcebe Beale.

RIYAL OLY ‘IPIC THEATRE.
Lessee and Afanaaer, Mr. Alfred Wigan.
On WEDNESDAY NEXT will be performed
THE JEALOUS WIFE.

Characters by Messrs. A. Wigan, G. Vining, Emery, Leslie, Dan-
vers, Mrs. Stirling, and Miss Marston.
After which will be produced a New and deubly-moral, though
excessively old, Melodramatic Fairy Extravaganza, entitled
TIIE DISCREET PRINCESS; or, the Three Glass Distaffs.
In which Messrs. Emery, F. Robson, 11. Cooper, Miss Marston,
and Miss Maskell will appear.