The Sun.
London, England, 1852-08-14 00:00:00

. zs
AUGUST
N°.18,689.] LONDON) SATURDAY inala \II T
• i 14, 1852.
V Ellifir-A"F

ROYAL HOTEL, LOWESTOFT.
The Proprietor of this -Hotel has much pleasure in informing
his Friends and the Put,lic Cut: during the winter he his provided
e xtensive suites of bedrooms, in addition to the wing constructed last
summer; this wil prevent a recurrence of those disappointments
which co frequently took place from his Ina' ility to accommodate
his friends in the past year. It is his intention to persevere in that
course which has already given such general satisfaction, viz., to
combine the hest l 4 inns, Viands, Attendance, and Cleanliness, with
Moderate Charges.

The :a'uhrity of Lowestoft, the excellent bathing, and beauty of
its neighbourhood, f r riding and walking, are too well known to
require comment. S. HOWETT has only, therefore, in conclusion,
to call ettent on to the easiness of access and lowness of fares from
the pl Ices, a list of which in subjoined, and to express his hope that
-he will conduit° to exoeHence that liberal support with which he
has already been favoured.
Every Wednesday and iati
may bu booked •as under :

unlay, until further notice, Pv,

3seng,er3

Aft,r- Fares to Lowestoft and back.
From noon - -
at Ist Class. *ld Class.l3d Class
is. as. s. d. s. d. S. d.
L0nd0n......... ..... 2 0 • 20 0 15 0 10 6
Cambridge 3 45 12 0 9 0 6 0
St. Ives 2 5
Chatteris
14 0 10 0 7 0*
Peterborough 3 0
wisbeach .
March 3 40 12 0 9 0 6 0
Ely •• •• •• •• • • ....... 420 9 0 6 9 4 6

* Arriving at Lowestoft at 7 45,

Tickets will be available for the return journey by the trains leav-
ing Lowestoft at 3 r.m. on week days, or any train on Sundays,
within seven days of the date of Issue.

In addition to the ordinary established trains, fast Express Trains
will, on and after the Ist of August, leave Lowestoft at before 7
a.m., arriving in London. at 1 I o'clock ; past 4 P.M., arriving in
London at 10. And from Bishopsgate Station at 5 r.st., arriving at
Lowestoft at 25 min. past 9.
Family Tickets are issued at the London Station by all trains to
Lowestoft at about the charge of a single fare, available for the re,
tttrn joarnei any time within 28 days of issue.

BRITANNIA LIFE ASSURANCE
COMP ANY.
1, Princes-street, Bank, London.
Established August I, 1837.
Empowered by Special Act of Parliament, 4 Viet., cap. 9.
CHAIRMAN—CoIoneI ROBERT ALEXANDER, Blackheath Park.
ADVANTAGES OF THIS INSTITUTION.
INCREASING RATES OF PREMIUM.
A Table especially adapted to the securing of Loans or Debts, and
to all other cases where a Policy may be required for a temporary
purpose °sir, but which may be kept up, if ne essary, throughout
•
the whole term of life.
HALF-CREDIT RATES OF PREMIUM.
-Credit given for half the amount of the first seven Annual Pre-
miums, the amount of the unpaid Half-Premiums being deducted
from the sum assured when the Policy becomes a claim.
sum ASSURED PAYABLE DURING LIFE.
The amount'payable at the death of the a ured, if he die before
attaining the age of sixty, but to the assured himself, if he attains
that age, thus combining a provision for old age with an assurance
upon life.

ORPHAN'S ENDOWMENT BRANCH,

Established for the purpose of affording to parents and others the
means of having children educated and started in life, by securing
annuities, to commence at the parents' death, and to be paid until a
child, if a son, shall attain his 21st year, or, if a daughter, her 25th
year of age.
These annuities are at any time commutable for their full value, if
a ready money capital is required for a marriage portion, or on en-
tering into business or a profession.

BRITANNIA MENTAL LIFE ASSOCIATION.
1, Princes-street, Bank, London.
Empowered by her Majesty's Royal Letters Patent.
Annual division of profits—applied in reduction of the current
year's premium.
Policy holders entitled to participate in the profits after payment
of five or seven annual premiums according to the table of rates se-
lected.
Premiums charged for every three months' difference of age—not,
as is usually the case, for every whole year only.
Half credit policies granted on terms unusually favourable to the
assured, the amount of half premiums for which credit is given,
being liquidated out of the profits.
At the Annual General Meeting on the 27th April last, a reduction
of 30 per cent. was made in the present year's premium on all policies
of five or seven years' standing.
A Board of Directors in attendance daily at Two o'clock.
Age of the assured in every case admitted in the policy.
Medical attendants remunerated la all cases for their reports.

(rnoratETABY.)
(MUTUAL.)
Extract from the Half Extract from Table with Participation
Credit Kates of in Proilts, after Seven Yearly
Premium. Payments
-
Half Whole
premiuml(Annual)
Half Quar-
c.3 during }premium Age. Annual Yearly terly
..T? First for Re- premium Pre- Pre-
Seven ma'nder
mium
Years. of Life. . mium.
£ s Xs. d. Years. IMonths Xs.d.Xs.d. £ s. d.
25 019 71 119 2 30 J 0 2 7 3 1 420 12 3
30 1 1 9 2 3 6 3 2 7 6 1 4 4 012 4
35 1 4 111 2 910 6 2 710 1 4 6 012 5
40 1 9 21 218 4 9 2 8 2 1 4 8 012 6
45 114 101 3 9 8 40 0 3 8 0 112 3 016 5
50 2 2 61 4 5 0 3 3 3 6 1 12 6 016 7
55 212 9 5 5 6 6 3 4 1 1 12 10 0 16 9
60 3 6 8 6 13 4 9 3 4 7 1 13 1 0 16 10

E. R. FOSTER, Resident Director.
ANDREW FRANCIS, Secretary.

BETTS'S PATENT BRANDY.
The highest medical authority recommend Brandy and
Water as the best customary beverage, and particularly as an
efficient preventitire of Diarrhmatio. Complaints at this season.
They equally concur in preferring BETTS'S PATENT BRANDY
as the purest and most wholesome. It is unequalled for preserving;
Fruits, home-made Wines, Sec.
Sold throughout the Kingdom, by respectable dealers, in glass
bottles, protected by the Patent Metallic Capsules, and at the
DISTILLERY, 7, S MITIIFIELD-BA RS, in dozens, bottles and
cases included, at 18s. per gallo t ; or in stone jars of two gallons
and upwards, at 16s per gallon, pale or coloured.

SPORTING GENTLE NIEN who may have neg-
lected to order their Dress for the opening of the Moors on
Thursday neat, are respectfully reminded that no House In the
Kingdom can so expelitiously and correctly execute their orders as
that of E. MOSES and SON; with correctness,speedandreners E.
3o
quality,isEs
and SON'S
fit, comfort, elegance and economy is associated.
superr. TVhaeriirentyeNoyflym-
terial s,
Sportingin
s
and
pre-eminently
peculiarity in cut, d
superior.
in-
vented Shooting Coat is a combination of artistic excellencies; it
fits correctly, and gives perfect freedom to the arms when engaged
in sporting exercises. The largest, best, and cheapest stock of
ready made Sporting tlress in the World at E. MOSES and SON'S.
The most magnificent styles of Summer Dress at E. MOSES and
SON'S, and every elegancy in attire for visits to the sea-side and
other places of fashionable resort.
EMEGRANTS.—You are about to take one of the most eventful
steps in your history of your affairs, and though a land of bourrdess
wealth exists in the prospective, and you very reasonably expect a
just recompense for your toil and self-denial, yet an untold solicitude
rests on your mind, which may be immediately removed by applica-
tion to E. MOSES and SON for your Outfits. They have made the
most traclesmanlike provision for your requirements, and have
united the unspeakable advantages of their ugly ersal trade, unri-
valled transactions, and perfect expel ience, for the purpose of sup-
plying you with the first and most requisite articles for your under-
taking, comprised in a suitable Outfit. This is a consideration of
the highest importance, and presents to you the meals of every com-
fort for your voyage and the country to which you are going. It is
a lull relief from all solicitude to remember that e-,ery at title in E.
MOSES and SON'S Outfits is of unequalled quality, perfect
inferiorsuitabil i tGyo, andoatcro ntshied e
cr lvye
nl
ewnecre po
fr cEemt arna otherssecplai charge
dfoer.
partment is kept in E. MOSES and SON'S Magnificent Esta-
tishment. _ . . _

.....
Full Lists of Outfits and all requisite information relative to sail-
ing, of vessels, cost of passage, &c., may be had on application, or
post free, to any part of the kingdom.

WO CONNEXION WITH ANY OTHER HOUSE IN OR OUT OF LONDON,
except their own Establishments, as follows :

Llndon City Establishment, 154, 155, 156. and 157, siinoriets, 83,
84, 85, and 85, Aldgate. opposite the Church, all communicating.
London West-end Branch, 506, 507, 508, New Oxford-Street, I, 2,
and 3, Hart.street, all communicating.
Bradford (Yorkshire) Branch, 19, Bridge-0:ot.
S'ieffield Branch, 36, Fugate.

Merchant Tailors, Clothiers, flatters, Hosiers, Furriers, Boi.t
and Shoemakers, and General Outfitters for Ladies and Gentlemen.
The Bstablishments are closed from sunset Friday to sunset on
Saturdays, when business is resumed till Twelve o'clock.
A new Book, entitled " The Library of Elegance," containing a
131 list of prices, and directions for self-measurement, can be had,
4ratis, on application, or forwarded, post-free, to any Part of the
A handsome Almanac for the year ending 1852 can be had, gratis,
on application.
Ici l'on pane F rancais. I Qui si parla Italian.Hier 13DriCht man Deutsch. 1 Aqua se habla Espanol.
cais.

DE. CULVERWELL'S NEW WORKS.
To be had of Sherwood, 23, Paternoster-row ; Carvalho,
47, Fleet-street; Mann, 39, Cornhill ; or direct from the author ;
price One Shilling each ; by post, Is. 6d.
ENJOYMENT OF LIFE.
"Health, F.ecreation, and Rational Use of Time."
Corrrwrs :—Early Rising—Spring and Summer Morninga—Ea-
c irsiuns about the Environs of London—The Parks, Lanes, Hills,
Forests, Fields, High-roads, and other pleasant places—Country
trips and Rambles—The Sea—London at Night—Evenings at Home
—Music—The Drama—On Eating, Drinking, Sleeping, Bathing,
Rest, Ease, Occupation, &c., ezc.

II
FRAGMENTS FROM THE MOUNTAINS. Two Vols.

Vol. I.
A VISIT TO THE LAKES 4 SKETCH OF EDINBURGH, &c,

Vol. 11.
THE LAKES OF KILL I.RNEY ; REMINISCENCES OF
DUBLIN, &C.
111.
WHAT TO EAT, DRINK, AND AVOID.
" That three score years and ten our course may run."
A popular review of almost every form (cause and core) of ner-
vously-debilitated health and enfeebled constitution, that harasses
the young, besets the man of pleasure, business, or study, and em-
bitters old age ; with tables and rules for the diet and physical regu-
atlon:Of every-day life.

TER PASSIONS.
"What passions hurt the body—what improve,
Truths as refined as Athens ever heard."
SUBJECT :—Life's pilgrimage, from infancy to old age. The ad-
vent of the passions. Chastity and its infringements. The casual-
ies oflicentiousncss and dissipation, with illustrations graphic, oar.
ativa, and remodiative. Advocaycy. of early marriage,.

THE MARRIAGE STATE,
To be or not to be, that is the question:
aoc
7 PackiaAstlta :—Lows and obligations of nature, jet, and reli-
gion regarding marriage, to be observed by either sex. Time and
choice, on both sides, as to age, temperament, complexion, and
figure, to secure healthy offspring, with th.e. art a rearing themn
Physical defectiveness and its removal. Sterility and its conversion..
Cases, &c.
By R. J. CIIINERWELL, M.D. (1841), M.R.C.S. (1827), L.S.A.
1824). Twenty-five years Medical and Forensic Referee in these
natters. Reception hours daily till Five.a Evenings. Seven tin
Nine. 10. Artryll-olaoe, Regent-street

VtohCe A T
diocesero/q . —of
Yesterday morning a meeting o
's church, Cheetham Hill,
St. Luke
proctors to the convoca-
tion Manchester was held in
APPOINTMENT OF PROCTOf
two
for the purpose of appointing
After morning service,
about to he holden at York.
athse TcloergCy°oNf
Manchester, who was
chair was taken by the Lor(.l Bishop
of
H. Anson, and Mr.
which was read by the Venerable Archdeacon Rushton, the
attended by his chaplain the Rev. G.
urder," his Lordship's secretary.
nominated :
been opened, the following clergymen were
E. J.
The Rev. R. Darnford, Rector of Middleton. the Rev.
hes-
G. Hornby, Rector of Bury. Rev. Canon Stowell, Marc
was
ter, and the Rev. Canon blasters, of Burnley. A poll _ r
The proceeding having
demanded, and the votes were taken by Mr. Burde .
When the voting had concluded the Lord Bishop declared
the
d Re.v. R. Durnford and the Rev. E. J. G. Hornby duly
electe
that the Mormons have established a weekly newspaper at
THE M'am°N3.--A letter from Hamburgh states
that place, and have prepared a translation of their Bible.
They have missionaries actively employed, and seem to have
money. In Norway their doetrinea are apreading.

RAILWAY INTELLIGENCE.
LONDON AND NORTH-WESTERN.

Yesterdly the half•ycarly meeting of the proprietors
of this company took place at Euston-square station;
the chairman of the company, Mr. Glyn, M. 1?,, pre-
siding.
Tho minutes of the fait mooting having boon con-
firmed,

The CHAIRMAN spoke in substance as follows:—He
did not feel that upon this occasion he could venture to
congratulate them upon the accounts which hid been
eireuletad among them. because since those accounts
were is:+ued a considerable alteration had taken place i
the value of all railway stock. If, however, they traced
the cause.of that alteration to the proper source, they
would find, though it happens to accord with the issue of
their accaunt9, it had nothing whatever to do with them.
The fact was, that the spirit of !speculation which had
lately prevailed had carried the value of railway pro-
perty to en undue height; added to which, the large
arrivals of the precious metals had had the effect of
giving them an unnaturalhao and
dhraail
which
h,he,
d.ahttaotdhTpciohsal
caused
atsilfeowadll
yaisoidaaepot
chrsloeei
nds price
theotht the r stateaipricelo' ff sharesst h
thee harvest,f
umustods
a still larger decline in transactions of a specula-
tiveeaaconednd character. He did not attribute the deprecia-
tion of railway shares to the statements which had been
put forth by the railway companies themselves, though
these statements were calculated to reduce railway pro-
perty to its proper and legitimate level.—(Hear, hear.)
In confirmation of this, he would refer to the aceonote
of the,London and North-Western Company, which had
been presented to the proprietors, and he affirmed with-
out heitation -that there was nothing in them to dis-
hearten them. Re had before stated that it would be
preposterous to-compare the receipts of 1852 with those
of 1851. The receipts of 1851-mutt be regarded as those
of an exceptional period; but if they compared the re-
ceipts of 1852 with those of 1850 (and that was a fair
comparison), and took the same periods of each year,
they, would find that they had increased by 26,0001.,
and that, too, in the face of the active and continued
opposition to which tho company had been sub-
jected.—(Applause.) So far, then, from there being
any cause for the depreciation of their stock beldw
its natural level, the company had every reason to
be satisfied with the security and soundness of their
property in a commercial point of view. Their ex-
penses had undoubtedly been greater than usual during
the last half-year, and it was not his intention to
held out an expectation of any great diminution under
that head, now that the capital account had been closed.
If they continued to keep up the efficiency of their esta-
blishment, as they had heretofore done, the expenses
could not be materially reduced. The increase -during
the last half year was the consequence of the whole of
the stock being over-worked daring the Great Exhibi-
tion, when it was impossible to get time to repair it and
keep it in its usual order.—(bear.) There was one
point in connexion with the accounts which he thought
they would agree with him in thinking of a very satis-
factory nature—he alluded to the debenture debt and to
the Parliamentary powers which had been obtained
to create a perpetual stock for its reduction. Out
of a debt of 9,700,0001. upwards of 8,000,0001. were
borrowed at interest varying from 5 per cent, to 3,1
per cent., and on which a great saving would in future
be made. There was another point in connexion
with the accounts of which he wished to refer, namely,
the reserve fund for the replacement of the permanent
way. They were aware that they laid aside a very
large sum every half-yeSr for this purpose. The system
pursued in this respect was similar to that adopted
by the life assurance offices, and he was happy to stet(
that experience showed that their calculations were
not only correct, but that the reserve fund was rather
larger than it was necessary it should be. Therefore
he indulged the hope that, like the assurance offices, the
company might; in some years to come, have the oppor-
tunity of receiving back a portion of what they had paid
in the nature of premiums. Ho would now direct their
attention to the events of the last session, which was one
of the most harrassing and vexatious ;ever experienced
by those connected with railway property. It would be
recollected that the company had not a great many Bills
to prosecute. ;They had one for a new line from Birken-
head to Chester, but it was withdrawn on the faith of an
agreement with the Birkenhead, Lancashire, and Che-
shire Junction Board, and he hoped it might be not be
necessary to renew it. The next Bill which the com-
pany promoted was one for making a connexion between
the Buckingham line and that of the Oxford, Worcester,
and Wolverhampton. This line was only to be two
miles and a quarter long, and it passed through the
Committee of the House of Commons without difficulty.
It was then proceeded with before the Committee of the
House of Lords, and finally rejected by that tribunal,
hut upon what grounds the dircotors were utterly at
loss to know. Why the Lords should have objected
to it was most singular, because, putting aside the
question that the Oxtord, Worcester, and Wolverhamp-
ton Company should have a communication with
London over the London and North-Western
line, there was a clear case made out for a
line to open a communication with the narrow gauge
ystem of the Oxford, Worcester and Wolverhampton
line, that company having proved its right to use the
narrow gauge. For some unknown reasons, however,
the Committee of the douse of Lords rejected the Bill
The next Bill was that promoted by the Worcester and
Hereford Company. This Bill, after a protracted scru-
tiny, passed through the Committee of the House of
Commons unanimously, but was rejected by the Com-
mittee of the House of Lords. Strange enough to say.
the evidence given before the Committee of the House of
Lords proved the necessity for the line to be so strong.
that their Lordships stopped the company before they
came to the conclusion of the evidence with regard to
the traffic. The line was all along proposed by the pro-
moters as a cheap line, and one which could be con-
structed at small cost; but, notwithstanding this, the
Committee rejected the Bill, supported as it was Ey
every interest in the country, approved by a Committee
of the House of Commons, sanctioned by the Members
for the towns and. counties, and by all the local
interest. But, although the company failed with
respect to these Bills, they succeeded in getting the
Bill passed to convert their debenture debt into
stock. So much with respect to the company's
own measures, and now he would allude to those
which they opposed. The North Staffordshire Com-
pany endeavoured to pass two Bills hostile to the in-
terests of the London and North-Western Company,
knewlle it was matter of surprise to many that he had
never answered the remarks which had been made by
the chairman of the North Staffordshire Company. He,
had refrained from doing so, not from any difficulty in
replying to them, but because he did not think it be-
coming that those who occupied the chairs of great com-
panies should indulge is vituperation, which could not
by any possibility end in good, but which might, on the
other hand, have the effect of doing much evil.— (Hear.)
He had also an additional reason for silence, for when
those charges (if such he could call them) were being
made, a suggestion came from the North Staffordshire
board, and it was accepted by the Landon and North-
Western, that the whole questions at issue should be left
to the decision of Mr. Robert Stephenson and of Me
Hope; and as the North Staffordshire Company and this
company had consented to this arrangement, it would
have been unbecoming in him to continue a squabble
which could have led to no beneficial result.—(Hear,
hear.) The result of the reference to which he had
alluded was the withdrawal of the two hostile Bills.
The next Bills with which they had to deal were
those described as the Shrewsbury and :Sir-
wWiensgtherannl Amalgamation Shrewsbury
aßills
a fornd C
suchhes e rh
oand
believedre a t,
they were called. These Bills contained clauses of a
moot extraordinary character, called " running clauses,"
and the London and North-Western Company succeeded
in getting those which were most obnoxious struck out.
The Bills passed the Committee of the House of Com.
mons, but were stopped in the House of Lords in COM-
the wherevereotn .
sequence of steps taken by those interested in both
companies. A good deal had been said and insinuated
with reference to the part which the London and North-
Western Company took in these proceedings. He
should not have felt it necessary to notice this matter
at all were it not for the circumstance that the allega-
tions made on the subject ware brought forward in the
that the
House of Lords by no less a personage than Lord Lynd-
amndust whose commandvoice wouldinfluencecm a of
wf always find
ihtuwrsats, wmheonsteionneadm,e
te
willing hearers. The Noble Lord had thought it worth
his while to make observations in the House of Lords
Company—for his
Lordshipa s the advocate
sn eets,ht
aee rnandd Cvhooe
said
com-
pany.
and kind to him,
company had always been civil
(Mr. Glyn) wished that his Lordship lived upon the
He lived upon trhheeeaitrwWlai
London and North-Western line—(Laughter)-4,
order that this company might exhibit the kindness
civility, and respect to which that eminent individual
was entitled.—(Elear, hear.) Acting, however, as the
advocate of the Great Western Railway Company, his
Lordship asserted in his place in Parliament that the
London ,and North-Western Company had taken
measures with the Shrewsbury companies—that they
had employed the funds of the company in purchasing
shares in those companies for the purpose of influencing
meetings; yet at the very time his Lordship made this
statement, founded doubtless on incorrect information,
the whole circumstances of the transaction—down to the
minutest particulars—were detailed on the oath of an
officer of this company. The officer had told the Com-
mittee upon oath that he and other gentlemen holding
°finial situations in the London and North-Western
Company, had clubbed together to the extent of 10,0001.,
and invested that sum at their own risk in Shrewsbury
shares, It was not for him to soy how far it was wise
in them to do so.. They did it, as they stated, in their
zeal to promote the interests of the shareholders, but he
regretted the step they had taken, because it fur-
nished a handle, though a feeble one, to the charges
brought against the company.—(llear, hear.) The
same officer told the Committee on oath that
the transaction was to any totally unknown
di-
rector, or to any body but themselves, and that the
funds used wore their oWn, and not the funds of the
com pane% --( Hear, hear.) Ile did not believe there was
a single director who knew of the transaction. He could
say for himself that he know it not till the officer men-
tioned it to him j utOaefore h' • ' ' is examination inCommittee,
Ile stated these things to show that nothing could be so
grottudjoi ao the charge that they took the ateps alleged

against them in order to promote, their influence in the
Shrewsbury Company. These were not the ways in
which they meant to carry on their transactions in that
company.—(Hear.) They had had dealings with these
companies, and had made arrangements with them of a
perfectly honourable character.. By these arrangements
they stood; but those companies must carry them nu',
and they would leave them to do so.—(Hear, hear.) He
trusted, therefore, after the solemn declaration on oath
of one of their servants—a declaration which he now re.
peated with c
q5ll "I°2'6'Y—that they would not agaie
In-ar it asserted that that cempeny, or the executiv;
placed behind that bar, had employed the comesnY '
means to carry on proceedings vihich, he admitted, be
was not inclined to approve
of.—(Hear, hear.) There
was another remark of the Noble Lord to which, before
leaving this part or the subject, he felt himsel'
hound to advert. Lord Lyndhurst told the House of
Lords that the London and North-Western Company
were trying to prevent the intentions of Parliament with
regard to te use of the Shrewsbury, Chester, and Bir-
mingham lines. By that he reeint to say that the in-
tention of Parliament was to sanction the constriction 01
these lines as a competing scheme to the London and
North-Western. Now he was speaking in the presence
of gentlemen who knew everything
connected with the
formation of these lines; and he begged them to remark,
from their very origin, how totally devoid of foundation
that assertion was.—(Bear, hear.) What was the origin
of the Shrewsbury and Birmingham line? The London
and Birmingham Company promoted'one line the
these
the Grand
Junction Company another; and in Parlia
two lines,were made one under the sanction of these two
companies. Further than that, the Shrewsbury and
Birmingham Company -were thelepartners irrthe -Stour
Valley line, in the Wolverhampton station, and also in
part of the line to Shrewsbury. In point of fact, all these
lines were supported at the time try the London and Bir-
mingham interest, and, therefore, to say that the inter
tions of Parliament were thwarted in what they had done,
was to speak without a knowledge of the facts of the
case.—(Hear.) The same thing might be said as re-
garded the Shrewsbury and Chester line. This railway
was nothing more than a prolongation of a line that ex-
isted before, called the North Wales Mineral line, and
which was formed to develop° the traffic of the district.
They never opposed that line, and never had a thought
of doing so; and its promoters never told them or Par-
liament that it was to be a competing line to the London
and North-Western. Therefore to say that, with regard
to this line, they were interfering with the original in-
:entions of Parliament, was, he might be allowed to say
again, speaking without a knowledge of the facts.—
(Hear, hear.) But ho sincerely wished they had Lord
Lyndhurst as their advocate, for he was, no doubt, one
of the most talented men in this country. The Noble
Lord evidently could not help thinking he had found an
excellent opportunity, considering the audience he was
addressing, to give us a hard bit; for, in the same speech
he made another accusation against us. He (Mr. Glyn)
was almost sorry to occupy their time with these things;
but he was not quite sure whether, in point of fact, they
did not in some degree account for the way in which
their Bills were dealt with in the House of Lords last
session.—(hear, hear.) The Noble Lord said, " The
s'nneyte, the head of the
'also formed for its
purposes
naannd
alliance
- Wvy
ietsht ear i iniCa onmopt
great Anti-Corn-law League (Mr. George Wilson)
venerabile nomen."—(Laughter.) Now, he well knew the
audience he was addressing, and that the Anti-Corn-
law League was not a popular cry with those who were
supposed not to be its friends. He knew, in short,
what he was about.—(Hear.) With regard to the anti-
Corn-law League, all he would say was, that he wished
they had their assistance, for they were in the habit of
carrying everything they undertook.—(A. laugh.) But,
in fact, a railway board had nothing to do with political
strife of any sort. They had a variety of opinions at
that board ; though he thought they were not likely to
find a Protectionist there. or, indeed, anywhere else.—(A
laugh) He wished, however, that they had Mr. G.
Wilson in their board, because they could not have a
more able man. But though they had no connexion
with Mr. Wilson, he had no doubt that the assertion
had its influence, for they lost their Bill.—(Hear.)
There was another Bill promoted by the Shrewsbury
and Birmingham Company, by which it was proposed
that that company should make use of part of their
station. That measure was carried through the House' of Lords, although it was proved to demonstration that
it would be injurious to them, and that nothing could
be more dangerous to the public service. The Lords
carried the Bill against them, but a clause was inserted
which prevented it coming into operation until certain
certain ,legal questions were settled ; and, though it
was passed, it would not be very hurtful to their
interests.---(Hear, hear.) These were the Bills that
had occupied their attention during a session which.
though short, was one of the molt erentfUl, in a
railway sense, that ho had ever remembered. He did not
see present either of those Hon. Proprietors, the Hon.
Baronet the Member for Eveaham or Mr. Do Winton,
who took such an active part at the last meeting with
reference to the sattlenaent of their differences with the
hadt htflet detailed toy
Great Western Company. What took place then had not
gassed away from their ;minds. He told the proprietors
that he thought it was not then the proper time to move
in,e
e, thatfro
from
w matter—thathath
e Y shouldi
led
the expiration of that session of Parliament. They would
point of
tact, both sides of the qiestion—both the Great Western
and themselves—had left off very much as they began,
with this difference, that they had incurred the expendi-
ture
de l a
them, doing
that,
in ° till after
of a largo sum of money in Parliament.—(Hear,
hear.) Not unmindful of what passed at the last meeting,
he did not lose one day after the session was over to
take the opportunity, through a very influential con-
nexion with that company, to see if anything could b
done. He met a very influential party on the other side;as
but as nothing resulted from their proceeding& and
to
they were entirely confidential, he was not at liberty
allude more particularly to them. But in dismissingthis
hat
question with his colleagues, they had determined that
they would be best acting up to the views of the pro-
prietors if they went one step further and made a
which
defi-
nite proposition to the Great Western Company, w
into that
they did.—(Hear, hear.) He would not go -- fiem
proposition, because the secretary would read to t
the correspondence which related to it, and it onlyre-
mained for him to say that the Great Western Company
did not accept their offer, but had put before then'!
proposition, which they had' found it impossible
that
p
roposition He rejoiced exceedingly that they had
, sils3had-e had
proposition to the Great Western, and though it
in
been rejected, he was still in the hope that something
the nature of the proposal they had put to them would
finally come about.—(Hear, hear.) de-
lie was ledto
this
conclusion by the circumstance that he found in the
claration which Mr. Russell had made to his proprietors
the following very remarkable coincidence of opinion
stern
with that expressed by the London and North-,w made.
Board, in the communication which they bad
amalgamation
They had prep esed Simple and absolute amal"m
on given terms, and Mr. Russell, in his speech,adoet
said If the Legislature could be induced to h
the views of the London and North Western Company,
and to think that it would be wise to allow the completend to
amalgamation of these two great companies, and
care-
rely for the protection of the public interests on
tat restrictions and restraints (quoting
aim°
uspicious
our words), I for one should hail such an
auspicious
our words) I fir one should hail such
as most ad-
change in the public policy of the country
bilee" Now,
vantegeous both to the railways and the pu-
sentiments
if his friend Mr. Russell entertained such
ho did not
—and he never expressed an opinion which .
n the hope
honestly entertain—he certainly would live. 1
the Great
of seeing an arrangement brought about with ~
Wes that could
Western Company, and the only one
.....he meant
even-
tually terminate the differences between theneo
companies,—
(Hear,
complete amalgamation of the two En
e alteration
(Hear, hear.) He believed there was a greatauthority in
in Public opinion on this question. A greatrailway matters, whose name he was not at liberty to
as
mention, looked on all these attempted agreementshore must be an
unmistakable indications thateventuallY t
with a view to
arealganaation, under proper restrictioos,
railways;
the public interest, of all the great leading
,be the case. He
and he was convinced that such would
aa nication in the
rejoiced they had made their com n
there was no
terms they did, because ho was convincedossible to work out
other shape in which it would be Ps
fi ial to the interests
any arrangement that would be belle c. Ile would not
of the two companies.—(Hear, hear.) $e
as he felt
further occupy their attention in the meantime,
they should hear
it would be more convenient that
itln
h id taken place
read the correspondence which I
with the Great Western Company. The secretary
should it strike
would therefore proceed with the reading of the report.
He must, however, make one
remark reference to
with
yesterday to Mr, Rue-
the answer which had been sent
Rus-
sell. Ho thought it right to say, in me
should
any one that that letter contained matter which
he wgladly have
have been omitted, that would Most
rn •
avoided saying anything as to the state of the two co
from them by the state-
ment had it not been drawn to the relative
went of the Great Western Company r But
for that
he of the stock of the two companies.
word
he would not have put forward a single that could
they gave(' detail of their
create an angry feeling; but
~ that, it was neces- true position, because they felt
sary to do so in answer to what was stated in the
communication of the Great Western CemPanY.—(Hear,
hear.) Tho secretary would now proched to read the
report.
The following report was then read:r—
-" The statement of accounts just issued to the pro-
prietors exhibits the following results as compared with
the correspouding period of last year:-.f
1851. 1852. ncrease Decrease
X. X. X. £.
Passengers, Parcels, ~,, i
and Mails
Merchandise, &c 453,718 467,477 13,759 ,
•••

1,177,580 1, i 36,276 13,759
35,063
Working expenses,. 415,4 tO 423,301 7,88 t
" The perctlntage of disbursements to receipts is, ex-
clusive of rates and taxe3, 37.25 against 31.99 in 1851.
" The circumstances of the year 1851 Are so excep-
tional as to reridc,r inapplicable the usual comparison
between the traffic and expenses of tho corresponding
period.

" The increase in the working charges is attributable
to two causes, viz , the unusually heavy amount of re-
pairs to the locomotive and carriage stock falling upon
the past half-year, consequent upon the wear and tear to
which they Were subjected (WILT the period 9f the 4x-

:iibit ion, and to the rester mileage run by engines, car-
riages, and waggonseC,rresu resulting from the reduction in the
causes may be regagrdesdf
The second, upon the contrary, oowing
aalslnd temporary, goods. Tahned l
imfirsti
limited
e do f t
o thesethe
le tee to which competition
charges for passengers
is dependent upon the
continue to make itself
,•very company which, like this,
may be carried on, and will
has
se Greatclosed Exhibition.it,.ti
authorising atphpeoactrreenatt :of: theo debenture
n sr
too c
ko f,
ialf-year immediate!
atoe3;:ellAilstas.uileld in substi.ution
-he company, as also for the enthlttereeexmisetaintgofb(s'utadstidcoeanb; atoaf
one
iktvoienr 11,43hawar:m shi r e line
ptTontienßaiill-1
same was
the
Bill for the
Kilburn and Wolverton,
t with
authorisethi
Oxford,
Worcester,cti
passedo
d Committeeby the of f the
Chairmano m -
ord a . The
the case
I,nsbeeua near
withfailedO x ft ohreidnß,
Worcester and Hereford
line; in both Houses it was • •
oinytehset; 'shed; and, as
,f tee Committee that the e
lies regardedbi. the public
utility of the project, had been fu'
the formation of this extension,
if great importance to this company, aaßrriollwwgilerbe ge, is
in-
troduced in the next session supported by the landed
propritors and local parties acting in unison with this
and other narrow gauge interests;
andyour directors
rely upon the co-operation of their proprietorsin • •
such individual support to the project
as may, in addi-
tion to the support of this and other companies interested,
be required to ensure its complete success.
"Your directors have encouraged the formation, by
indeeendeet parties, of a line from Warwick to Strat-
ford-upon-Avon. Highly influential landowners and
others .interested in Central Wales having proposed a
line of railway between Shrewsbury and Aberystwith,
which may be constructed at a very small expense per
mile, your directors did not hesitate to indicate their
hearty approval of the project by requesting some of
their colleagues to assist in carrying out the undertaking;
and they have now under consideration the promotion,
111 their corporate capacity, of a line from Crewe to
Shrewsbury—the extension of the railway system in
Wales rendering this line necessary alike for the promo-
tion and development of the traffic of this company.
" The Bill promoted by the company for a line from
Chester to Birkenhead was withdrawn, on the faith of
an agreement sought by, and entered into with, the Bir-
kenhead, Leneashire, and Cheshire Junction directors.
That company having failed to ratify the acts of its ex-
ecutive, it will be necessary to resume the application to
Parliament in the next session.
" It will be in the recollection of the proprietors that,
as stated in the last half-yearly report, the Stour-valley
line was completed and advertised to be opened on the
lst of December, 1851, and that the Lords of the Privy
Council for Trade prohibited the opening on the ground
of danger tea
nd he owing to the proceedings of the
Shrewsbury Birmingham Company. The further
facts may be briefly recorded as follows:
"On the 6th of December, 1861, application was made
by this company to the Board of Trade to settle the mat-
ters in differentia under the powers of the sth and 6th
Victoria, chap. On
55. the 26th of January, at a meet-
ing President of
before the then the Board of Trade, it
was mutually agreed to refer the disputes to arbitration,
the Shrewsbury and Birmingham Company suggesting
Sir William Cubitt as sole referee, and this company
concurring •'a the selection; and, accordingly, the fol.-
lowing agreement was drawn up and signed by the agents
of the respective companies, in the presence of the
officers of the Board of Trade
'" We, the undersigned, request that the Lords of
the Committee of Privy Council for Trade will appoint
an umpire to decide all differences of opinion which may
arise in the joint committee, in conformity with the
terms of the agreement, a copy of which is hereunto
annexed; each company engaging to be bound by the
decisions of such umpire with, respect to such differences
of opinion so referred to him. . .
"On the 3d of February Sir William Cubitt was ac-
cordingly formally appointed to act as umpire; and on
the 6th of April, he made to the Board of Trade a pre-
liminary report, indicating the outline of the principles
on which he proposed to act in framing his award.
Your directors expressed perfect willingness to abide
by the decision of Sir William Cubitt; the Shrewsbury
and Birmingham, on the contrary, refused to confer,
and recorded a formal protest against the course which
the arbitrator, selected by themselves, thought equitable
between the parties, and which appeared, in the opinion
of the Board of Trade, if fully carried into effect,
' sufficient to secure the safety of the public, as well as
their convenience: Under these circumstances their
Lordships, on the sth of June, intimated that they were
prepared to act under the powers of the sth and 6th of
Victoria, cap. 55, and, accordingly, the application made
by this company on the 6th of December, was repeated;
and, on the Ist of July, the Stour Valley line and sta-
tion, at Wolverhampton, were opened for public traffic,
under by-laws and regulations settled by the officers of
the Board of Trade; and your directors have the satis-
faction to state that the traffic promises to equal their
expectations. 1

"A resolution will be submitted to the proprietors, at
the special general meeting to be held this day, to ap-
prove a lease, jointly with the Midland Railway Co-
m of the Manchester, Buxton, Matlock, and Midland
Junction Railway and Canal.
",3
rYoureneebetween directors havethis
e to.)m reportcompany a nthat d
tbe
theN Mirth
questions i
ff
Stafford-
shire have been referred, under the common seals of
both companies, to Mr. Robert Stephenson, M.P., and
Mr. James Robert Hope, Q C., so as to effact a complete
union of the interests of the undertakings. The matter
is still under the consideration of the arbitrators, whose
award, when given, will be submitted to the proprietors
for confirmation.
"Adverting to the expression of opinion on the part
of numerous influential proprietors at former general
meetings, as to the desirableness of ending, if possible,
on equitable terms, the existing injurious state of rivalry
between this and the Great Western Company, your
directors availed themselves of the first favourable op-
portunity which presented itself, after the close of the
Parliamentary session, to enter upon negotiations with
the directors of the Great Western Company; and on
the 4th instant the chairman, by unanimous resolution
of the board, transmitted to the chairman of the Great
Western Company a proposal, having for its object the
union of the two undertakings on terms which your
directors believe would have proved mutually advanta-
geous to the proprietors, and which would, at the same
time, have secured to the public more substantial bene-
fits than can possibly result from a continuance of the
existing state of strife.

•' This offer has, your directors regret to state, been
rejected by the Great Western board.
The correspondence accompanying this report will
fully explain the views of your directors on this impor-
tant question.

" From the statement of the half year's £ s. d.
accounts it will be seen that the
net proceeds are ... ... ... 467,720 17 4
" To which must be added the balance

carried forward from laat account.. 182,475 15 8

650,196 13 0
" Less—Farther allow.
ante for renewal of
rails (Abstract H) £14,296 3 0
" For addition to works
and stock (Ab-
stract J) ... ... 20,693 13 8

34,989 16 8

" Showing a disposable balance of 615.206 16 4
" The directors recommend a dividend of 21. 15s. per
cent. for the six months, amounting to 546,9031. 13s. 6d.,
leaving a balance of 68,3031. 2s. 10d. to be carried for-
ward to the next half-yearly account."
The Secretary also read the correspondence between
the directors of the London and North-Western and
Great Western Companies, which was published in
yesterday's Sun, with the addition of the following
letter:

oeidtrehrefisr, 0
v e r -
" London and North-Western Railway, Secretary's
Office, Euston-station London, Aug. 12.
" My dear Sir,—l have to-day laid before my
they concur with me in regretting that our proposal of
col-
leagues your letter of the 10th, received yesterday, and
finally,
of the 4th has not been accepted.
" We should certainly not have madeAttohnedopbrasoseprovsei,tioinn
were very
consideringat all, if we
it had
th
the
best,otth thought gnhott tthhaetoynolya, awgaryeeodf with
ertetucots,itnihnge
the public and private objects which both hoards pro-
fesstohfeiitrtoecnah
the part
pni nag
rvititeoowfu,
out with
eitheriift
hw perfect
ehr
bodyaf
edotd
ofogu obot esdhhdafadaroieftnhnto,hel approval
reply
ef
moneypilt
ys rt eotceyeriomvui or of
terms
reluctantly acceded to by my board, and only for the
i Parliamentary
stea4r
Iyt
uhsoaatnv cot thiooonnsle.y
looked the fact (which you properly mention), that you
have additional traffic to expect upon some of your lines,
nor, on the other hand, the fact that you are open to
sake of peace; and, next, that we
your remarks, receiving
aPinamed
erdl
the chance of abstraction of present traffic from others
of your lines; nor the fact that you have between
3,000,000/. or 4,000,000/. of capital yet to bring to the
debit of your revenue account, whereas, our capital ac-
count is virtually closed; besides that, if you fulfil the
engagements with third parties, to which you demand
our assent (I allude to the Shrewsbury Companies and
the Birkenhead), they will involve a further charge
against your revenue of at least 160,000/, per annum:
in addition to the interest on the 3,000,0dv4
or 4,000,000/, to which I have jest ntifi„irainity
and this at the moment when you will, "")- paa-
with your Act of Parliament, havo to rede" yr` 25 per
senger fares over the whole of your lines 20_
L:ndon and
cent., that is to say, to the fares which the,
4irs., How_
North-Western have charged for 50,101'1
t)oe dwell upon
ever, as you observe, it is snperfluootuisiem
for the pur-
these topics; and we merely adverntdtid
S
undertaking
pose of adding that we believe w
.ruis of maigma.
full justice, in naming the raoneY;ou now refer to as
tine, which we are surprised that
unsatisfactory. hat, complicated as are the
" It is still our conviction t
.. ' absolute
am..."amalgams.relations of the two coniP
n, means of giving to the
tion' is the best, if not the:
tobe derived from both the
public the fullest advantag
staining
for our respective
and of moderate
undertakings,
d return on their ea • Nal.
shareholders a fair an
would
We believe also that Parliament have come to
the same conclusion, had you concurred with us iu

laying before them the actual facts of the case; for I
think I may say that experience has shown, to the
satisfaction of almost all men, whether in or cut of Par-
liament, that what is called competition' between rail-
way companies, is, in truth, merely a step towards ulti-
mate combination, and attended, of necessity, with, very
considerable inconvenience to the public in the meantime.
We feel the more confidence in recording our opinion to
this effect, because it has had the deliberate sanction of
your board us well as inine; and certainly, if atnalgatna-
iion was desirable in 1849, it is not the less so now,
when the capital of each company has been still further
and largely extended for the public accommodation.
" I purposely refrain from alluding to the arguments
with which you now support the opposite view, because,
entiydispute the accuracy off
facts you
on n which
aware,ich argumentsthus© are based,—es to the
talr w e
particular,—and it can answer no
Shrewsbury lines in
good purpose to enter hero upon these discussions."
The CHAIRMAN then moved that the report and the
half-yearly statcaatnt of accounts be printed and circu-
lated among the proprietors.
Ur: TiTE availed himself of this opportunity of ex-
greasing his concurrence in the opinion expressed by the
auditors, that it was deserving the serious consideration
of the board whether some modification ought not to be
made in the principle of the arrangement, by which the
cost of additions to works and stock is to be liquidated,
by deduction from profits, in the space of five years.
He felt so strongly upon this point that it was his inten-
tion to submit a motion on the subject, which he would
do either as an addition to the motion of the chairman,
or, subsequently, as an independent proposition, if that
should, be deemed the wore convenient-course.
The CRAIRitteN said that the directors were anxious
only to carry into effect the wishes of the proprietors.
They had adopted the course which the auditors objected
stronglyt o
expressed withbo t theh
in opinions
that
roo of
and elsewhere,
the
and
they would be reluctant to alter.
_it
u
Proao sp,o
ibeyt
°Erb,:e
proposition,proprietors it
urWoluthidinrbeensplemescsotrietnosrtertughcuetleaHdrottnoo.
move it after the motion before the meeting should be
dismpor.sed
MozELEYf. was understood to express his coinci-
dence with the view of the subject tan by Mr. Tice.
He, also, had prepared a resolution on the subject.
Mr. HADLEY complained of the
expenditure incurred
in the case of the Birkenhead Bill, which was carried pto a certain point and then withdrawn, and also
criti-
cisedu- the manner in which some portions of the
account
were stated. He thought the report of the .directors
should always be furnished at the same time ;with the
accounts, instead of being kept back till the day of
meeting.
The CHAIRMAN said the Birkenhead Company with-
drew the Bill which they had introduced to Parliament
for amalgamation with the Great Western Company,
and, as a matter of course, the Bill of the London and
North-Western Company was withdrawn also.—(Hear.)
The Hon. Proprietor did not seem to understand the
case. It was impossible, without great inconvenience, to
publish the report along with the accounts.
Mr. MARRIOTT recommended that in the accounts the
preference capital should always be stated separately.
He wished to know if there was any objection to pub-
lishing the details of the charge for collecting and de-
livering the merchandise traffic, which amounted to the
large sum of 186,0001. per annum.
Captain lima replied that if all the items expended
under this head were published, the accounts would be
rendered extremely elaborate. Besides, it would be un-
wise in them. competing as they did with so many com-
panies, to make them acquainted with what they were
doing at every point.—(Hear, hear.)
The motion, that the report be received and adopted,
was then carried.

Mr. TITE then rose to propose his motion on the sub-
ject of the cost of additions to work and stock, when
Mr. MOZELEY claimed the privilege of doing iso, and
objected to the matter being taken out of his hands.
The CHAIRMAN suggested that one gentleman might
move, and the other might second a proposition on the
subject.—(A laugh.)
After some good-humoured altercation on the subject,
Mr. TITE was allowed to proceed, and moved the fol-
lowing resolution:—

" That the suggestion contained in the report of the
auditors, in respect to the present mode of dealing with
the account for providing for the increase of the perma-
nent works and stock, be referred to the special conside-
ration of the board of directors to report thereon' at the
next meeting, but with powers to act in the meantime as
seems to them expedient." _

Mr. MOZELEY then moved, as an amendment,
" That the expenditure incurred for additions to stock,
works, and estate be in futute liquidated by charging the
current revenue of the year at the rate of ouo-tenth of
the balance at the debit of such acc3unt, unless the board
of directors shall see reason to submit some other modi-
fication for the consideration of the proprietors at their
next meeting."

Mr. CnoSsFiELD declared his preference for the
amendment.

The CHAIRMAN repeated that the directors were de-
sirous of acting in this matter in tecordance with the
wishes of the shareholders, and they had been guided by
this feeling in the course they had taken.
Tar. MozELEir then withdrew his amendment.
The CHAIRMAN understood, from what had passed,
that it was the wish of the proprietors that alterations
should be made in the arrangement recently establish, d,
having the directors to decide upon the best mode of
effecting it.—(Hear, hear.)
The motion was then agreed to.
The CHAIRMAN moved that the dividend for six
months be 2/. 155.—Agreed to.
A PROPRIETOR begged to ask the chairman of the
Midland Company, whom he saw present, whether it was
the intention of that company to erect a new refreshment
and waiting-room at Rugby?
Mr. &las replied in the affirmative.
The CHAIRMAN then moved a resolution sanctioning
the conversion of shares on which all calls had been paid
into consolidated stock of the company.
Mr. MOZELEY adverted to the suggested amalgama-
tion of the Great Western and London and North-
Western Companies, which he thought most desirable,
and attributed the failure,of the negotiation for effecting
that object to an individual connected with the Great
Western.
The CHAIRMAN deprecated attacks on individuals. It
appeared to him that the only mode of surmounting the
numerous difficulties with which the question was sur-
rounded was by an act of simple amalgamation. It was
desirable an impression should not go forth—as might
happen in consequence of some remarks made elsewhere
—that the London and North-Western Company were
not perfectly sincere in the offer they had made to the
Great Western Company. The arrangements into
which both companies had entered with the Shrews-
bury companies were one of the chief difficulties to be
encountered; but the London and North-Western Com-
pany had suggested a plan by which that difficulty
might be obviated. The suggestion was, that the en-
gagements with the Shrewsbury companies should be
embodied in a Bill to proceed pari passe with the amal-
gamation Bill. It was urged that great hardship would
ensue if the Legislature should refuse to sanction the
project. It appeared to him that the only persons
who would have any reason to complain
in
would be tthe lawyers, for being deprived that case
gains for twelve mon t h B. (il ear, hear,and
dit would not end
and
laughter.)
of their.
Amalgamation must take place,
with the Great Western.--(Heare,eaa.
) The beat
amal
thing that could happen for the out
rail-
ways, too, was to have all these undertakingsntrYnel for
a gamated and placed under proper regulations. He hoped
that the directors of the Great Western would alter their
views; if not, the only alternative open to the proprietors
was, to take the question P
into their own hands, to pass
both
by the executive officers of
companies,aw and
by y
t o say,ee .
" We will not have our property frittered
You may marshal the trains and issue the dividend
warrants; but the policy
the sha of h
tated by u 5...... the companies shall be di:-
re
." t e
proprietors would use thatolders language(Cbeers .)
they would soon
bring the question to an end.
Mr.
1-A _ASSETT said, the last sentence uttered by the
chairman was the most importantt and effect_iv „theiws haso
had delivered on (Hear, heius) ."
o f opinion that if gentlemen high
talent largely interested in both companies would
up this matter, leaving out the ecative of the
character
takeand
z es ex
done. There
two companies, something might
•w with, and a
would be a clean slate to begin
Hear,
t a ear, hear.)
probability of some good ariesbn;iesaan to Mr. Rus-
After reading the letter of theiirth
the importance of
sell everybody must be strack.
ads. It contained a pro-
the proposal which he had ta :e
them and the whole railway
position most interesting to et comprehensive; and he
world. It was concise, a° Y
the Great Western Com-
must say that the answeros
at alL—(Hear, hear.)
e of
$
pant' to it was no Lt.
looked upon the proposal made to
A Simian° toe company by the directors as one
the Great
peossaihle, to be carried out. No doubt it
that ought, ir
sacrifice on their part, but it was better
involved 80010
e scenes which had
to do so than witness over again those
occurred for some years past, by which the funds of both
„flier' were squandered. His chief fear was that
aoa3P— would not sanction the arrangement.
Parliament
Mr. RAHSDEN was afraid there were interests at
work different from the interests of the proprietors on
either side.—(Hesr, hear.) There was a tearful amount
involved in the existence of these two railways—in the
London and North-Western not less than 30,000,0001,,
and in the Great Western from 15,000,000/ I
20,000,0001; and it was not to be tolerated that °
great intt rests should be managed by others than b such
proprietors, or dealt with as matters with which
had u e.by the
ot allg to do.—(Hear, hear.) They ought theyput an et:d to thetosee
whether it was cot possible to
dis-
putes between the two companies, instead of -
screnodsring their
the present system of squabbling and continuing
profits for the benefit of others.—
" Hear, hear.") It aas only by a union of cries of
others.—(Loud
interests
that they could hope to have peace,
felt indebted
to the chairman for the observations hee
them, and for having stated in had made to
so open and unequivocal
a manner what the duty of the proprietora was to the
company.—(Hear, hear.)
Dr. WATERFIELD adverted to the facts stated by the
chairman that the great impediment in the way. of
their obtaining the legislative
measures they required
lay in the House of Lords, and suggested that means
01should be used to counteract in a legitimate way that
faunae,