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

N°.18,689.] LONDON SATURDAY Eigr_
.14,13-
S ‘32
7 AUGUST 14, •1852.

ROYAL HOTEL, • LOWESTOFT.
The Proprietor of this Hotel has much pleasure in informing
his Friends and the Pu,lie Pm. during the winter he his provided
extensive suites of bedrooms, in addition to the wing constructed last
summer; this wil prevent a recurrence of those disappointments
which so 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 ci fines, Viands, Attendance, and Cleanliness, with
Moderate Charges.

The a übrity of Lowestoft, the excellent bathing, and beauty of
its neighbourhood, for riding and walking, are too well known to
require comment. S. HOWE CT has only, therefore, in conclusion,
to call attent on to the easiness of access and lowness of fares from
the places, a list of which is subjoined, and to express his hope that
he will continue to experience that liberal support with which lie
has already been favoured.

Every Wednesday and Saturday, until further notice, Passengers
may be booked as under

After- Fares to Lowestoft and back.
From noon -
at Ist Class. 2:1 Class.l3,l Class.
11. M. s. d. s. d. s. d.
London..
Cambridge ................ 345 12 0 9 0 6 0
St.lres.
Chatteris 2 33
14 0 10 0 7 0*
Peterborough
Wisbeach 3 15
March
Ely ..............

Ely

* Arriving at Lowestoft at 7 45.
Tickets will be available for the return journey by the trains leav-
ing Lowestoft at 3 P.M. on week days, or any train on Sandays,
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 14 before 7
A.M., arriving in Lonr!on at 11 o'clock ; 14 past 4 P.M., arriving in
London at 10. And from Bishopsgate Station at 5 P.M., arriving at
Lowestoft at 25 ruin. past 9.
Family Tickets are issued at the London Station by all trains to
Lowestoft, at about the charve of a single fare, available for the re-
turn journey any time within 23 days of issue.

BRITANNIA LIFE ASSURANCE
COMPANY.
1, Princes-street, Bank, London.
Established August 1,1837.
Empowered by Special Act of Parliament, 4 Viet., cap. 9.
CIIAIRMLN Colonel 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 oal., but which may be kept up, if ne eeiary, 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 or th 3 unpaid Half Premiums being deducted
from the sum assured when the racy becom,s a claim.
• SUM ASSURED PA.TABLE DURING LIFE.
The amount payable at the death of the ured, if he die before
attaining the ate 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 f affording to parents. arid others the
means of having children educated and started in life, by .ecuring
annuities, to commence at the parents' death, and to be paid until a
chili, if a son, shall attain his 21st year, or, it 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 profess on.

BRITANNIA MUTUAL LIFE ASSOCIATION.
1, Prlncei-street, Bank, London.
Empowered by tier 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 at endance daily at Two o'clock.
Age of the assured in every case admitted in the policy.
Medical attendants remunerated in all cases far their reports.

(PROPRIETARY.) (MUTUAL.)
Extra.t from the half Extract front Table with Participation
Credit Itat-s of in Profits, after Seven Yearly
Premium. Payments
Half Whole
premiuml(Annual) Half Quar •
u during premium Age. Annual Yearly terly
4 First for Re- premium Pre- Pre-
Seven mainder mium. mium.
Years. of Life.
d. £s. d.' Years. j Months Xs.d.£ s. d. s. d.
25 019 7 119 2 30 0 2 7 3 1 4 2 012 3
30 1 1 9 2 3 6 3 2 7 6 1 4 4 012 4
35 1 411 2 910 6 2 710 1 4 G 0 12 5
40 1 9 2 2 18 4 9 2 8 2 1 4 8 012 G
45 1 14 10 3 9 8 40 0 3 3 0 1 12 3 0 16 5
50 2 2 6 4 5 0 3 3 3 6 1 12 6 0 16 7
55 2 12 9 5 5 6 6 3 4 1 1 12 10 016 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.

ETTS'S PATENT BRANDY.
.;1111 The highest medical authority recommend Brandy and
Water as the best customary beverage, aml particularly as an
efficient preventitive of Diarrhceatic 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, &c.
Sold throughout the Kingdom, by respectable dealers, in glass
bottles, protected by the Patent Metallic Capsules, and at the
DISTILLERY, 7, S YEITIIFIELD-TIARS, in dozens, bottles and
cases included, at 18s. per gallon ; or in stone jars of two gallons
and upwards, at 16s per gallon, pale or coloured.

SPORTING GENTLE MEN 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 expe iitiously and correctly execute their orders as
that of E. MOSES and SON; with speed and correctness, quality,
flt, comfort,
elegance and economy is associated. Variety of ma-
ter".-).ls, novelty in styles and peculiarity in cut, renders E. MOSES
and SON'S Sporting I>ress pre-eminently superior. Their newly 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 Dress in the World at E. MOSES and SON'S.
The most magnificent styles of Summer Dress at E. MOSES and
SON'S, and every dlegancy in attire for visits to the sea-side and
other places of fashionable resort.
EMIGRANTA. -You are about to take one of the most eventful
steps in your history of your affairs, and though a land of boun 'less
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 nave made the
most tradesmanlike provision for your requirements, and have
united the unspeakable advantages of their 11,1 IV ersal trade, unri-
valled transactions, and perfect e ..perience, tor the nurpose of sup-
plying you with the first and most requisite articles for your under •
takh.g, comprised in a suitable Outfit. This is a consideration of
the highest importance, and presents to you the mea s cf every com-
fort f..,r your voyAge and the country to which you are going. It is
a full relief from all solicitude to remember that e. cry article in E..
MOSES and SOWS Outfits is of unequalled quality, perfect
suitability, and at considerably lower pi-cc than others charge for
inferior Goods. For the convenience of Emigrants a separate de-
partment is kept in E. MOSES and SON'S .Magnificent Esta-
eishment.
Full Lots 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 oily part of the kingdom.

NO CONNEXION WITH ANY OTHER lIOUSE IN OR OUT OF LONDON,

except their own Establishments, as follows :

indon City Estatilistiment, 154, 155, 156, dna 157, A.inones 83
44, 85, and 86, Aldgato, opposite the Church, all communicating.
London West-end Branch, 506, 507, 508, New Oxford-street, 1, 2
,nd 3, Hart-street, all communicating.
Bradford (Yorkshire) Branch, 19, Bridge-etreas•
Slefrield Branch, 36, Fargato.
-- •

Merchant Tenors, Clothiers, Hatters, Hosiers, Furriers, Beet
and Shoemakers, and General Outfitters for Ladies and Gentlercer.
The Kitabilshments are closed from sunset Friday to tantst on
4aturdays, when basiness is resumed till Twelve o'clock.
•

A new Book, entitled " the Library of Elegance," containing a
,11 list of prices, and directions for self-measurement, can be had,
,ratis, on application, or forwarded, post-free, to any part of the
lingdom.

A handsome Almanac for the year ending 1852 can be had, gratis,
on application.

lei I'on pule Francais. I Qui si parla Italian°.
13isr smicht man Deutsch. Aqua so habla Espanol.

n. CULVERWELL'S NEW WORKS.
To be had of Sherwood, 23, Paternoster-row ; Carvalho,
47, Fleet-street; Mann, 39, Crnhill ; or direct from the author ;
price One Shilling each ; by post, Is. Sd.
ENJOYMENT OF LIFE.
"Health, Becreation, and Rational Use of Time."
Comrawrs :—Early Rising—Spring and Summer Mornings—Ez-
c
irsions about the Environs of London—The Parks, Lanes, Hills,
FJrests, Fields, high-roads, and other pleasant places—Country
Drips and itambles—The Sea—London at Night—Evenings at Home
—Music—The Drama—On Eating, Drinking, Sleeping, Bathing,
Rest, Ease, Occupation, &c.,
A VFISRIATGTMOENTRETS FLRAKOMEST7EIImouNTAINg. TWO Veil.
Vol. I.
V .
SKETCH
tit OF EDINBURGH, Bcc,
THE LAZES OF ; REMINISCENCES OF
DUBLIN, &c.

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 cure) of ner-
vously-debilitated health and enfeebled constitution, that harasses
the. young, besets the man of pleasure, business, or study, and em-
old with tables and rules for the diet and physical regu-
itters
ofd
v age
; ery-day life.

"What passionsTrurt ithlvegb.Soid°,73;hat improve
Truths as refined as Athena ever heard."
sinjEcT: —Life's pilgrimage, fromwinittifanueuys
of early esaTrlAy
Tm.
tent of the passions. Chastity and its infringements.ttroatoioltinztige. The ad'
ftietisvo4lanicedntrieomusedincsastiTt!dmAisdAsivpßoaßetialociyiG,The casual-
graphic, nar-
To be or not to be.Vtli.at is the quosteirtgons"". raamE:—Laws and obligations of nature, .society,
T_imnde raenlid-
glen regarding marriage, to be observed by cith
choice, on both sides, as to age, temperament,
. complexion, and
dgure, to secure healthy offspring, with the art of rearing hem.
PhEyessleotale.defectiveness and its removal. Sterility and its conversion.
cituLvERViTELL, M.D.
„(11,84iiii, M.R.C.:N. t,ll,‘in(gl6B.27s)e,,LenS
till
By It. o• ,
NW. Twenty-live years Ailod,, leari_an_dyle'orn_svie Referee in ink es;
snizsio.RAergceowti
ji.onniaritrseg,tLregt,

gCTef OlthtSe
clergy of the diocese of
TO CONvOCATIoN.--
St. Luke's church, Cheetham Hill,
Yesterday
ylNninforEnNiaTg
aOrinePetra
Manchester was held in
York. After morning service,
tion about to be holden at
Archdeacon Rushton, the
for the purpose of appointing two proctors to the convoca-
which was read by the Venerable
y
chair was taken by the Lord Bishop of Manchester,
awnhdo wilier!
s
attended b his cha lain the Rev. G. H
Burder, his Lordshipp's secretary. The proceeding having
been opened, the following clergymen were nominated :
The Rev. R. Durnford, Rector of Middleton, the Rev. E. J.
G. IlornbY, Rector of BuryA poll was
, Rev. Canon Stowell, Mooches-
ter, and the Rev. Canon Masters, of Burnley. Mr.
Barden
demanded, and the votes were taken by
When the voting had concluded the Lord Bishop decla.are,_d
the Rev. R. Durnford and the Rev. E. J. G. Hornby u 'Y
elected.
thaTtffthze MMo°rltlnlionT.h74* letterestabl i s
that place, and have prepared a translation of their Bib •
They have missionaries actively employed, and seem to have
fhreodma wHeektnl;iirgh
money. In Norway their dcoctriaea are spreading. states
newspaper
Bible.

RAILWAY INTELLIGENCE.
LONDON AND NORTH-WESTERN.
Yesterthy the half•yearly meeting of the proprietors
of this company took place at Euston•square station;
the chairman of the company, Mr. Glyn, M P., pre-

siding.
The mintatcs of the last meeting having been con-
firmed,
The CHAIRMAN woke in substance as follows:—He
did not feel that upon this occasion he conld venture to
congratulate them upon the accounts which had been
circulated among' them, because since those accounts
were issued a considerable alteration had taken place in
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 accounts, it had nothing whatever to do with them.
The fact wac, that the spirit of speculation which had
lately prevailed had carried the value of railway pro-
perty to an undue height; added to which, the large
arrivals of the precious metals had had the effect of
giving them an unnatural value. The fall in the price
of railway shares must be traced to political causes and
lea
rogfer the
declinefun ds, an
athestparlicin
ia
transactions that t his always
ofw as
the state of the harvest, which had caused a decline ou
specula-
tive 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 accounts
of the London and North-Western Company, which had
been presented to the proprietors, and he affirmed with-
out hesitation, that there was nothing in them to dis-
'hearten them. He had before stated that it would be
preposterous to compare the receipts of 1852 with those
of 1851. The receipts of 1851 must 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), end 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 the company had been sub-
jected.—(Applause.) So far, then, from there being
any cause for the depreciation of their stock below
its natural level, the company had every reason to
be satisfied with the security and soundness of their
property in a cmmercial point of view. Their ex-
penses had undoubtedly been greater than usual during
she 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, rho 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 during the Great Exhibi-
tion, when it was impossible to apt time to repair it and
keep it in its usual order.—(Hear.) There was on,.
point in connexion with the acc.aints which be 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. wer,
borrowed at interest varying from 5 per cent. to 34
per cent, and on which a gr. at saving would in future
be made. There was . another point in connexion
with the accounts of which he wished to refer, namely,
'he reserve fund for the replacement of the permanen,
way. They were aware that they laid aside a very
large sum every halt-year for this purpose. The system
pursin d in this respect was similar to that adopted
by the lite assurance offices, and he was happy to state
that experience showed that their calculations were
not only cone ct, 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
comp lay 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. He 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-
st:it e 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,
but upon what grounds the directors were utterly at a
loss to know. Why the Lords should have objected
to it was most singular, because, putting aside the
question that the Oxford, 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
system 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 House 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 W 39 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 lino, and one which could be con-
structed at small cost; but, notwithstanding this, the
Committee rejected the Bill, supported as it was t.y
every interest in the country, approved by a Committee
of the House of Commons, sanctioned by the Members
tor 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
11th passed
1 to convert their debenture debt int,
stock. So much with respect to the company',
own measures, and now he would allude to those
which they opposed. The North Staffordshire Coat
pany endeavoured to pass two Bills hostile to the in-
terests of the London and • North-Western Company.
lle knew 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, hut because he did not think it be-
coming that those who occupied the chairs of great com-
panies should indulge ire vituperation, which could not
by any possibility end in good, but which might, on thi
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
bear), and it was accepted by the London and North-
Western, that the whole questions at issue should be left
to the decision of Mr. Rotert Stephenson and of Mr.
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 :Bir-
mingham and Shrewsbury and Chester and Great
Western Amalgamation Bills, for such, he believed,
they were called. These Bills contained clauses of a
moat 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 MU-
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. tan
should not have felt it necessary to notice this matter
at all were it not for the circumstance that the allege-
lions made on the subject ware brought for Ward in the
House of Lords by no less a personage than Lord Lyad:
hurst, whose name must command influence wherever
it was mentioned, and whose voice would always find
willing hearers. The Noble Lord had thought it worth
his while to make observations in the House of Lords
as the advocate of the Great Western Company—for his
Lordship admitted that he was the advocateh of the earn.
He lived upon their line, and said that the
pany.
kind to •
company had always been civil and him,. He
(Mr. Glyn) wished that his Lordship lived upon the
Loudon and North-Wes‘ern line—(Laughter)—in
order that this company might exhibit the kindness,
civility, and respect to which that eminent individual
was entitled.—(Rear, hear.) Acting, however, as the
advocate of the Great Western Railway Company, his
Lordship assfrted in his place in Parliament that the
London and North•ViTestern 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 male this
statement, founded doubtless on incorrect information,
the whole circumstances of the transaction—down to the
minutest particulars—were detailed on the oath oe an
The ufficer had told the Cam_
officer of this company.
mittee upon oath that he and other gentlemen holding
official situations in the London and North-Western
Company, had eubbed together to the extent of 10,0001.,
and invested that sum at their own risk in Shrewsbury
shares. It was not for to s him ' oy how far it was Wise
in ihein 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.
fished a h,n di a, though a feeble 0n,,, to the coar ,z, s
brought against the company —(Flear, hear.) The
same officer told the Committee on oath that
the transaction Was totally unknown to any di-
rector, or to any body h t themselves, and that the
h
funds used weze • - 3 t Kr own and not the funds of the
company .—(Hear, hear.) ' lle did not believe there was
a single director who knew of the transaction. He could
say for himself that he knew it not till the officer men-
[loud it tie him just before t
Ile stated these things his ox i 3
ox .
alma 1 f on in Committee.
to show that nothing could be so
grOanditsi us the charge that they tool; the Ste Pie 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.—(gear,) Theey had had dealings with these
companies, and had made arrangements with them of a
perfectly honourable character. By these arrangements
they stood; hut those companies must celery them
out,
hear.)
and they would leave them to do so.—(Heath He
trusted, therefore, after the solemn declaration on oath
of o'ne of their servants--a declaration which he now re-
peated with equal solemnity—that they would not again
hear it asserted that that company, or the executive
placed behind that bar, had employed the conipanY'6
means to carry on proceedings which, he admitted, he
wes not inclined to approve of.--(Hear, hear.) There
was another remark of the Noble Lord to which, before
leaving this part of the subject, he felt himself
bound 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 the use of the Shrewsbury, Chester, and Bir-
mingham lines. By that he meant to say that the in-
tention of Parliament was to sanction the construction of
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.—(Hear, hear.) What was the origin
of the Shrewsbury and Birmingham line? The London
and Birmingham Company promoted one line, the Grand
Junction Company another; and in Parliament those
two lines were made one under the sanction of these two
companies. Farther than that, 'the Shrewsbury and
Birmingham Company were their partners in the Stour
Valley line, in the Wolverhampton station, and also in
part of the line to Shrewsbury. In p
lines were supported at the time by the. London and Bir-
mingham interest, and. oint of fact, all these
therefore, to say that the inten-
tions of Parliament werq thwarted in whet 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 develops 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-
tentions of Parliament, was, he might be allowed to say
,gain, speaking without a knowledge of the facts.—
(Hear, hear.) But he 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 hit; for, in the same speech
he made another accusation against us. Ho (Mr. Glyn)
was almost sorry to occupy their time with these things;
out he was not quite sure whether, in point of tact, thee
did not in some degree account for the way in which
their Bills were dealt with in the House of Lords last
.eession.—(tlear. hear.) The Noble Lord s lid, " The
London and North-Western Company also formed for its
purposes an alliance with a man of note, the head of the
great And-Corn-law League (Mr. George Wilson)
venerabile nomen."—(Laughter.) Now, he well knew the
audience ho was addressing, and that the Anti-Corn-
I'm League was not a popular cry with those who wero
-.opposed not to be its friends. He knew, in short,
wnat he was ahout.—(Hear.) With regard to the anti-
Corn•law League, all ho would say was, that ho wished
hey 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
,trife of any tort. They had a variety of opinions at
,hat board ; though he thought they were not likely to
find a Protectionist there. or, indeed, anywhere else.—(A
laugh.) He wisried, 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 most eventful, in a
railway sense, that he had ever remembered. Ho did not
see present either of those Hon. Proprietors, the Hon.
Baronet the Member for Evesham or Mr. Do Winton,
who took such an active part at the last meeting with
referent* to the settlement of their differences with the
Great Western Company. What took place then had not
passed away from their :minds. He told the proprietors
that he thought it was not then the
proper time tomove
in that matter—that they should delay doing so till after
the expiration of that session of Parliament. They would
see, from what he had detailed to them, that, in point of
tact, both sides of the question—both the Great Western
and themselves—had left off very much as they began,
with this difference, that they had incurred the expendi-
ture
m
of a large sum of money in Parliament.—(Het"',
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 be
done. He met a very influential party on the other side;
but as nothing resulted from their proceedings,
and as
they were entirely confidential, he was not at liberty to
allude more particularly to them. But in discussing this
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 .
defi-
nite proposition to the Great Western Company, which
' t
they did.—(Hear, hear.) He would not go into that
proposition, because the secretary would read to them
the correspondence which related to it, and it only re.
insitied for him to say that the Great Western Company
did not accept their offer, but had put before them ja.
proposition, which they had found it impossible tottsha2t
mit. Ho rejoiced exceedingly that they had made had
proposition to the Great Western, and though it
been re jetted, he was still in the hope that something inld
the nature of the proposal they had put to them
finally come about.—(ilear, hear.)
(Aeration which Mr. Ruesell had oases to :ass
conclusion by the circumstance that he found in the rs
laatilests,,psiteioue..
proprietors
the following "ery remarkable coincidence (4 opinion
with that expressed by the London and North-
Wesaede.
Board, in the communication which they had
Ilion
they had prep used simple and absolute amaigam
en given terms, and Mr. Russell, in his speech,
said—" If the Legislature could be induced to adopt
the views of the London and North Western Compnny,
and to think that it would be wise to allow the completetto
'amalgamation of these two great compojeatana
led voetaldiois.
care-
rely for the protection of the public interests t
literally
Fut restrictions and restraints (quoting
eur words), I far one should hail sucha
change in the public policy of the country as, ;`," Now,
vantageous both to the railways and the p
if his friend Mr. Russell entertained sticahbilsee.
he did not
—and he never expressed an opinion which ,
the hope
honestly entertain—he certainly would live
111 the Great
of seeing an arrangement brought about with even-
Wes that could
tern Company, and the only one e meant
tually terminate the differences between them—pac_pit—
the complete amalgamation of the two l'a
great alteration
(Hear, hear.) Ha believed there was a atiments
authority in
in Public opinion on this question. A greatat
railway matters, whose name he was not
as
mention, looked on all these attempted
agreementse mustbe an
unmistakable indications thateventually there a
view to
amalgamation, under proper restrictions, W
railways;
the public interest, of all the great leading
d be the case. He
and he was convinced that such would be in the
rejoiced they had made their communication_liberty to
ed there was no
terms they did, because he was con
other shape in which it would be
neial to the interests
any arrangement that would be bene c
Ile would not
of the two companies.--(Hear, hear.) as he felt
further occupy their attention in the meantime,t.ay
h should hear
it would be more convenient that had
taken place
read the correspondence which vpinsesible to work out
o The secretary
with the Great Western CoraPane'
would therefore proceed with the reading of the report.
k with reference to
He mast, however, make one remark with
to Mr, Rus-
sell, answer which had been sent yesterday
n case it should strike
sell. He thought it right to Y
most gladly have
have been omitted, that
he
whorl state of the two com•
any one that that letter conti:ian
avoided saying anything as to tf am them by the state-
panies, had it not been drawn re as to the relative
e'ellarter which should
ment of the Great Western Company
companies. But for that
value of the stock of the
to do so in two coa
single word that could
he would not have put forwardhey
gave a detail of their
create an angr feeli; but t
true position,felt
whatthawt it
stated
neces-
saryas in the
Western Company. _(Hear,
communication of the Great
hear.) The secretary would now proceed to read the
report.
then read:—
" The following report was .
ts just issued to the pro-
prietors The statement of accounts
it as
io because
answertbey t 0 _
exhibits the following resu s compared with
the eorrespondine period of last year:-7
' 1851. 1852. Increase Decrease
X. X. X. X.

Passengers, Parcels,
uearnetatills
466678:477979
13:i59 53,063
Ise, &c 453,e .. .

elusive 1,177,580 1,136,276 13,759 75,063
Working
betwe),u the traffic and exim'nses
--...---- ---- _____
" Tr'e Pt'rc,ntage of disbursements to receipts is, cx.
of the corresponding
of rates ta4x1e53'4.037.24523a,3g0a4in5t 37,1'.89891ia 1851.
" The circumstances of the year 1851 are so excep-
tional as to ren&r inapplicable the usual comparison
period. . . _

The increase in tho 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
will())4 they were subjected daripg thi' period of the E.

hibition, and tgogtehnesgreater
rTi ah
ge
esse, second, ,Nva upon the
causes may be regarded
charges for passengers'
continue
to
oimmediately
m ake
which,
ierleflsuaulting from the reduction in the
,comp,
ftleatlislotiaemmpaoyrabreye,
aarnrdiedlimointe, limited to
willthe
enand goods. The first of these
mileage
wde n, g
itsi nTel
ls
capitale, e 1
3a car-
riages,
l- l
haicuhthorising.thtoer:c.rirynitiitOhne
peptahrent in the expenditure of
dependentuponuxrhei
sttoi
tochkne..
dee,,rAce
Pill, authorising
"F'tevceleoreyunicstos'ilmepdainnyassubstitution of the existing bond debt of
also for the enlargement of stations at
tlChielbernpaanndy,Wolverton,khebsf pist:ssehdasinteolo
Buckinghamshire line
tv:
no
iotnh9,tauthorise
t failed
Oxford,itl heed j
in junction otcth
Worcester,
oHn
and th( eo
Wolverhampton Rail-
mmittee of the Com-
mons, nineabroOthxifioordu,sePeasistedwaseiat
House ofvr eLords. The same was
had been fu,
intimated
dtebry athned
Chairman
the case with the Bishllactfxottreh
nethsieon onyt e
anaßrriow gauge, is
emCfoatmthi
oemn i
project,Committee
fully
regarded the public
'lltwheilllbnedin-
troduced in the next session supported b
ofth ethit established;h and, as
of great importance to this company,
propritors and local parties acting in uniyson witha thised
and other narrow gauge interest •and
s, your directors
rely upon the co-operation of their proprietors in • •
such individual support to the project as may, atiletihttyeer
in giving
addi-
tion to the support of this and other •
be required to ensure its complete success.
"Your directors have encouraged the formation, by
independent 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,
in 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 developtnent of the traffic of this company.
" The Bill promoted by the company for a line from
Chester to Birken ht
was withdrawn, on the faith of
an agreement sought by, and entered into with, the Bir-
kenhead, Lancashire, 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
Ist of December, 1851, and that the Lords of the Privy
Council for Trade prohibited the opening on the ground
of danger to the public, owing to the proceedings of the
Shrewsbury and Birmingham Company. The further
facts may bo briefly recorded as follows:
"On the 6th of December, 1851, application was made
by this company to the Board of Trade to settle
ters in difference under the powers of the sth land 6th
Victoria, chap. 55. On the 26th of January, at a meet-
ing before the then President of the Board of Trade, it
was mutually agreed to refer the disputes to arbitration,
the Shrewsbury and Birmingham .Company suggesting
Sir William Cabitt as sole referee, and this company
selection; and, -accordingly, concurring in the 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 Cabitt was ac-
cordingly formally appointed to act as umpire; and on
the 6:h 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 Cabitt; 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 lino 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.
"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 Com-
pany, of the Manchester, Buxton, Matlock, and Midland
Junction Railway and Canal.
"Your directors have to report that the questions in
difference
between this comp aa) and
•the North Stafford-
shire have been referred,underthe common seals of
Mr. Robert
both companies, to M
Stephenson,
M.P., and
Mr. James Robert Mope, Q C. so as to effect a complete
union of the interests ofthe '
undertakings. The matter
is still under the consideration
of the arbitrators, whose
award, when given, •
for confirmation.
"Adverting to the expression of opinion on the part
of numerous influential proprietors at former general
meetings, as to the desirablenessof ending, if possible,
on equitable terms, the existing
Great injurious state of rivalry
between this and the Western Company, your
directors availed themselves the first favourable op-
portunity which presented itself,eafter the close of the
Parliamentary session, to enter
upon negotiations with
the directors of the Great Western Company; and on
the nth instant the
chairman, by unanimous resolution
of the board, tran •
smitted to the chairman of the Great
Western Company a proposal, having for it object the
on
union of the two undertakings'
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 substaurial 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 X 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 la9t account.. 182,475 15 8

650,196 13 0
" Less—Farther allow.
ance for renewal of
rails (Abstract 11) £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. 101 to be carried for-
ward CO the next half-yearly account."
The Secretary also road 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:—

"London and North-Western Railway, Secretary's
Office, Euston-station, London, Aug. 12.
"My dear Sir,—l have to-day laid before my col-
leagues your letter of the 10th, received yesterday, and
they concur with me in regretting that our proposal of
the 4th has not been accepted.
"We should certainly not have made the proposition
at all, if we had not thought that you agreed with us in
considering it the best, if not the only, way of effecting
the public and private objects which both boards pro-
fess to have in view, or if we had doubted of the approval
of it on the part of either body of shareholders, or of
o f
p
their carrying it out with perfect good faith, or, finally,
of its receiving Parliamentary sanction. And as to the
money terms named by me, I have only to observe, in
reply to your remarks, first, that those terms were very
reluctantly
boaerd, and only for the
sake had
neither over-
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
e peat©; and,
, t o
nest,
that m y w
the chance of abstraction of present traffic from others
of your lines; nor the fact that you have between
3,000,0001. or 4,000,0001. 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 160,0004 per annum,
in addition to the interest on the 3,000,0001.
or 4,000,000/, to which I have just
alluded,
and this at the moment when you will, in conformity
with your Act of Parliament, have
to reduce your pas
senger fares over the whale of your lines 20 or 25 13n"!_ir
cent., that is to say, to the fares which a:l6 Landon
Norte- have charged for several years' 11 uponever,
ever, as you observe, it is superfluous to
the pur-
these topics; and we merely advert to them
forev,g
pose of aiding that we believe we did your, u
refer
rn3igarna.
mousy justice, in naming the ouey tercaso: to as
tion, which we are surprised that you 0
unsatisfactory. Heated as are the
"It is still our conviction that, aornP _
e
1 E amalgama-
abso u
relations of the two .cotnpanies,
mcans of giving to the
tion' is the best, if not the o
°I
-Y
Laderived from both the
public the fullest advantage
_713
ng
i for our respective
undertakings, and of mair'ts return on their capital.
shareholders a fair and moderatoparliament would have come to
We believe also that
~ you concurred with us in
the same couclusio, b"

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 out 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 as well as mine; and certainly, if arnalganea-
lion was desirable in 1849, it is not the leas 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,
as you are aware, we entirely dispute the accuracy of
facts on which those arguments are based,—as to the
Shrewsbury lines in particular,—and it can answer no
good purpose to enter here upon these discussions."
The CHAIRMAN then moved that the report end the
half-yearly statement of accounts be printed and circu-
lated among the proprietors.
Mr. TITS availed himself of this opportunity of ox-
pre3sing 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 more convenient course.
The CHAIRMAN 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
to in compliance with the opinions of the shareholders,
strongly expressed both in that room and elsewhere, and
they would be reluctant to alter it unless instructed to
do so by the proprietors. With respect to the Hon.
Proprietor's proposition, it would be more regular to
move it after the motion before the meeting should be
disposed of.
Mr. MOZELEY was understood to express his coinci-
dence with the view of the subject taken by Mr. Tite.
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 u
to a certain point and then withdrawn, and also P
criti-
cised the manner in which some portions of the
accehcotuo hnres;
were stated. He thought the report of the di
should always be furnished at the same time
wirt
accounts, instead of being kept back till the dayt 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 coarse, the Bill of the London and
North-Western Company was withdrawn 8180.—(Hear,)
The 11.. n. 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 Iluesa replied that if all the items expended
under thrs head were published, the accounts would be
render4extremely elaborate. Besides, it would be un-
WilfeifiNtlem. 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 so, 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 tor 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. MozELEv 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 one-tenth of
the balance at the debit of such account, 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. CROSSFIELD declared his preference for the
amendment.

The CHAIRMAN repeated that the directors were de-
sirous of acting in this matter in accordance with the
wishes of the shareholders, and they had been guided by
this feeling in the course they had taken.
Is-_r. MOZELEY then withdrew his amendment.
The CRAIRDIAN understood, from what had passed,

that it was the wish of the proprietors that alterations
should be made in the arrangement recently established,
leaving the directors to decide upon the best mode of
effecting it.—(Bear, hear.)
The motion was then agreed to.
The CHAIRMAN moved that the dividend for six
months be 21. 15s.—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. Eeeas replied in the affirmative.
The eukIRMA.N 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
n. It as
w
sur-
rounded was by an sot of simple amalg a
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 offar they had made to the
Great Western Company. The arrangements into
which both companies had entered with the Shrews-
bury companies were ono of the chief difficulties to be
encountered; but the London and North-Western Com-
pany had suggested a plan by which that difficult),
might be obviated. The suggestion was, that the en-
gagements with the Shrewsbury companies should be
embodied in a Bill to proceed pare passu 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 that case
would be :the lawyers, for being deprived of the''r
gains for twelve months.—(Hear, hear, and laughter.)
Amalgamation must take place, and it Would not end
with the Great Western.—(Hear, hear.)
thing that could happen for the country The best
ana for rail-
ways, too, was to have all these undertakings
amal•
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 th® proprietors
was, to take the question into their own hands, to pass
by the executive officers of both companies, and to say,
" Wo will not have our propertyfrittered away by you.
You may marshal the trains
and issue the dividend
warrants; but the policy of the
dic-
tated by us—the shareholders."—(Cheers.)
c?inpanies shall b©
proprietors would use that language —(Cheers.) If the
bring the question to an end.they would soon
Mr. BASSETT said, the last sentence uttered by the
chairman was the most
had delivered on this important and effective that he
. ,is question.—(Hear, hear.) He was'
of opinion that if gentlemen of high character anu
talent largely interested in both companies
up this matter, leaving out the executive of the
two co • There
companies, something might be done.
would be a cleanslate to -b i would take
n with, and a
probability of some good
to Mr, ome good arising.—
After reading the letter cf their cheat:cte
ortance of
sell everybody must be struck with the iraP
to gr. 'tee-
the proposal which he had made. it contained a. pro-
tile whole railway
Position most interesting to them and • .
reprehensive, and he
world. It was concise, and yet the Soar,
Western Corn-
must say that the answer of
all.
i (Sear, hoar.)
the proposal made to
pang to it was no answer_aet.
_pon
by the directors as one
A SHAREHOLDER 100 k a u
the Great Western ComPsnY
to be carried out.No doubt it
;
that ought, if possible,was better
involved some sacrifice on their part, but it
over again those scenes which had
yessars past, byHwi
sh which tb e funds of both
to do so than w
occurred for somiten
ere seuaendered.chief fear was that
COMPInieS w-- would not sanction the arrangement.
Parliament Wou
sir.
itAnspEN was_ afraid there were interests at
work diffe„nt trom the interests of the proprietors ou
hear.) There was a fearful amount
either side.—(ReF,
involved in the existence of these two railways—in the
London and North-Western not less than 30,000,000/ ,
and in the Great Western from 15,000,0001. tO
20,000,000/.; and it was not to be tolerated that such
great interests should be mamaged by others than by the
proprietors, or dealt with as matters withwh
had nothing to
do.—(Clear, hear.) They
whether it was not possible to put an end to
pu, tes between the two companies, instead of continuing
dis-
putes
the present system of squabbling and squanderinginning
their
by a unßioen
feltof itinteesresotsf
profits for th. benefit of others.—(Load oughti
tehh t-
ot
they
" Hear, hear.") It was only
indebted
that they conl.l hope to have peace.
to the chairman for the observations lie had
and unequivocal
them, and for having stated in so open made to
a manner what the duty of the, proprietors was to the
company.—(Hear, hear.)
Dr. WATERFIELD adverted to the facts
chairman that the great impediment in the way of
their obtaining. the legislative
lay in the House of Lords, and
i should be used to count
in a erttet stated by the
measures
they required
suggested that means
legitimate way that
1 itifittesee.