The Sun.
London, England, 1863-09-29 00:00:00

OTTOMAN (3MYRNA TO AIDIN).

yes-
terday at the London Tavern; Sir M. Stephenson in the
The half-yearly meeting of this company Was held
chair.
stati
Mr. S. J. Cooke, the secretary, hating read the notice
convening the meeting, the report was taken as read.
tthoeccpausriponose. The Ottoman
The CHAIRMAN, in moving the adoption of the report,
stated that the arrangements approved at the recent special
meetings
too f
et
ohme company for obtaining the increased capital
to Aidie,
Would
beyond be
ng suffi-
ciently fresh in their reccllection to render any remarks from
Government had met the question in a just and liberal spirit
as soon as it was explained to thembyMr. Crampton, whose
plemte the railway
had socuredthefurther concession under which
thhimat uthnenyecweosusalrdybeon suiffihecicpn rtesfeonr
perseverance
the new capital would bt guaranteed. A telegram received
on Friday announced the despatch from Constantinople to
the ambassador in Londm of the official documents, duly
signed and sealed, nowever much they must all lament
the unavoidable length of time still required to complete the
line, they had yet much to le satisfied With. The canal com-
petition was diminished, tle revenue was increasing (the
last week showing £761), the financial state of the whole
country was improving
under the able Ministers Fuad and
Ali Pasha, gas was just introduced into Smyrna, cotton
machinery was becoming generally employed, and the cul-
tivation of cotton was extencing• Travellers could now see
the ruins of Ephesus, and it a brief tour of a few weeks visit
the classical and histcrical sht,,, i
n the district ; the ancient
Tralles or Aidin, the Meander, the Seven Churches of Asia,
the plain of Troy, Patni°s) end Athens on the route home-
He referred to those faoilitiee not in an xsthetic spirit, but
because the inducements would weigh with travellers and
augment the traffic receipts )1 the line. The route to India
would assuredly be by a lire through Constantinople, and
the work was nearer at hard than was generally believed.
This would place Turkey it a pre-eminent position financi-
ally and politically, and hethought that only good results
could attend it. With thenew concession, the certainty of
obtaining all the capital reluired, an efficient staff, an active
contractor, and, he might edd, an indulgent and reasonable
proprietary, they need hale no fear of a successful issue to
their common labours. (hear.)
Mr. W. DENT sowndedthe motion for the adoption of
the report and statement of accounts.
Mr. BROWNE thought the accounts did not show the
exact position of the cows, ,
v y s affairs, and that some items
in them should be more expicit and stated differently.
The CHAIRMAN said there were running (accounts, and
until they were settled the result could not appear in the
general statement. They wild only insert the money re-
ceived, but not that in prospective. The suggestions of Mr.
Browne should have the attention of the directors and au-
ditors, and he hoped by the text meeting an improvement
would be made.
The report and statement if accounts were then unani-
mously adopted, and the proceedings concluded with a vote
of thanks to the chairman and directors.