The Sun.
London, England, 1852-05-12 00:00:00

VITHERL ANDS LAND ENCLOSURE
COMPANY.
11
SOCIETE ANONYME.
With liability limit to the amount subscribed, in accordance with
the law of Holland.
Capital 6,00),00( 11. (5( 0,0001.) in 50,000 shares of 12011. (107.) each.
Deposit 24 florins (2/0 per share.
CONIOSSAIRES.
Prince Joseph do Chimay, Member of the Chs.mbar of Itepresenta-

tives in Belgium,
James Ashwell, Esq., Managing Dire :tor or the Great Luxembourg
Company, Ilrosels.
Le. Chevalier Drouet, Belgian Legation, London.
M. A. Brishe, Engineer of Nines, Charleroi.
DIRECTORS.
John Harvey Asiell, Esq., 6, Vigo-street, Rcgent-street.
Thomas Cotterell, Esq., 50, Eaton-squive, Sheriff of London and

Middlesex. T
M. A.uoipee Deschamps, Member of the Chamber of Representatives
in Belgium, and late Minister of Public Works, and of. Foreign
Affairs.
John B. Illidge, Esq., Brixton-hill, Surrey.
X. Toe Liter, Amsterdam.
John alastennan, jun., Esq., Nicholas-lam, London.
Richard W. Pelly, Capt. R. 1.1%, Director of the Hudson's Bay Com-

pany.
If. Ferdinand Spitaels, Senator, Brussels and Charleroi.
M. Van der Lek de Clercq, Member for Zealand of the First Cham-
ber of the States General, Holiand.
Y. J. Fjanseu Van de Putt, Member of the Provincial States in Zea-
land, and Banker, Goes, Zealand.
MANAGING DIRECTOR.
It. Jean Va i Alste'r,lnspector•General of the Public Treasury at
Brussels.

BANKIRS.
Messrs. Alstorptius and Van Hemert, Amsterdam.
Messrs. Scheurker and Sons, the Hague.
Messrs. Tir erghien, Delloye, and Co., Brussels.
Messrs. Masterrnan, Peters, and Co., London.
Messrs. Donon, Aubry Gautier, and Co., Paris.
ENGINEER.
Sir Jolui Bennie, F.R.S., London.
BROKERS.
Messrs. Cannon and Pelly, 26, rokenhouse-yard.
SECRETARY (pito TER.)
Mr. Nicholls, 46, bloorgate-street, London.

In the River Scheldt, between the towns of Bergen op Zoom and
Antwerp, there exist on both aides of the river large tracts of land to
the extent of several miles, which at high water are covered by the
sea, and at low Water present a varying surface of several feet in
depth of the richest alluvial soil, which is rapidly increasing by the
daily action of the tides..
. To reelaint and dispose of this valuable land Is the object of this
CouiPanY•
The necessary powers for this purpose have been granted by aeon-
. cession frorn•the King of the Netherlands for the term of 99 years,
commencing from August, 1851. The concession provides that in a
space between two given lines the Company may recover and enclOSe
• land to tho extent of about 35,000 acres.
The extreme importance of this undertaking attracted the atten-
- lion of the Emperor Napoleon, and a barrier nearly identical in situ-
ation and purpose with that intended by the present Company was
—. planned by him, but the decline of the empire prevented the execu-
tion of-the project.
• The adequacy of the proposed- Works to the contemplated result
- has been investiga ed by Sir john Rennie, the Engineer, Of the Corn-
pithy. whosereport will be found annexed,
'The xi atter has likewise been examined by Mr. A. Greve, the
• - engineer of the Wateretrast in Rolland, under the authority of she
tat* ht the Interior ;by ffir. Joseph Locke apd Mr. G. 'Be.
Retinies,oClAndea ;:and lione..Thenurten, of Zealaril; at the re-
quest of the „Tom sters of the Company : and reports have been
Made by each of these gentlenien of a highly favon, a' le character.
Iheee i eports may be seen t the Oleo of the C.,inpany.
Contracts have been entered into with respon.ible English con-
tractors for he exe.stion of the works at such prices as will secure
the relamation of tae land at about 201 per acre.
• The works will be commencer at once, and it is conflthntly ex-
- WI ed that 4,000 acres vi ill be ready for sale Er cultivation during
the present year ; in 1853 a further extent of about 5,00 e acres on
• the gorgau'op Zoom side of tie riser will be similarly enclosed; at
/ter Periods, successive portions of about 2,500 acres will be an-
=ally enclosed, until the reclamation of the entire 35,000 acres shall
, . have been completed.
• In no part of Holland are -the alluvial deposits found to be of so
2'lol and so raluble a quality as in this:province of Zealand; and it:is
,• aftlrrited with certainty that such lands will bear crops for 20 years
bieneeession, without the application of manure.
In the immediate neighbourhood of the intended reclamation, and
Close to the small town of Bath, a considerable amount of land has
Ise() acquired by a similar process, and cannot now be purchased at
101. per acre.
• Alluvial land of precisely the same description as that conceded to
the CoMpany, situated at Saeftingen, on the borders of the Western •
Scheldt, was lately sold by auction in Zealand by order of the Dutch
Government, and realised about 50/. per acre, subject to the addi-
tional charge of constructing the necessary banks or dykes (estimated
at 10/. per acre), making the price in reality at least 601. per acre ;
• sal-ions proprietors of lands on the borders of the Western Scheldt,
• Whotie lands are worked-- by themselves, are now receiving a net
reventte of 81. per acre.
The elpenditure uo to the pe iod, and inclusive of the first reels-
Thatioa of 7,500 acres, will not exceed 150,000/., and it is expected
• that an amount of property wilt b ther4by acquired sufficient to
indemnify the shareholders for the capital then advanced, and leave
a large, balance for the prosecution f the remaining works.
The subsequent reclamation of 'the remaining 27,500 acres, ex-
leading over a period of ten or twelve years, will furnish the means
of division of a large bonus from time to time among the share-
bol erg.
lint of the net profits of the Company a dividend at the rate of 5
Pei cent. per annum will be paid to the shareho'ders en the capital
expended and the residue will be applied to th redemption of the
eaPital, and to a division in - the sh!pe of bonus in the following
. Manner, viz.: 4-6 to the shareholders, st-6 to the pro-
snOteri, and to the concessionaire, who has ceded his rights to the
• 5 resent Compa y.
• Initellihg the lands provision has been made for the convenience
Of shareholders who may desire to become purchasers, that their
shares may be taken in payment of the purchase money at par, or
atThe Price of the day.
The required caution money has been .paid to the Dutch Govern-
, • Went. •
Aeonsiderable portion of the capital has been subscribed for on
-the continent.
After the payment of the deposit, no further call will be made of
a 4
,ser amount than I() per cent., or at shorter intervals than three
Months.
4p-tie:Wong for the remaining shares may be addressed to the
`Lstiees of the Company, 46, Moorgate-street, and to Messrs. Cannon
• • """ Petty, stockbrokers, 26, Tokenhouse-yard.
----
-., ' REPORT OF SIR JOHN RENNIE, F.R.S.
London, 14th April, 1852.
land,
your request I have examined the district of
'tuo, conceded by the Dutch Government to Mr. Dirk Dronkers, of
Middleburg, comprising an extent of about 35,000 acres now co-
vered at spring tides.
The feasibility of reclaiming this valuable district attracted the no-
tice of the Emperor Napoleon, and a company was proposed to be
formed for that purpose. In 1846 Mr. Rennie saw it, and the idea
equally struck him, and be reported accordingly_ Mr. Locke, also,
has made a repert to a similar effect, in fact the perfect practicabi-
lity of the measure cannot be doubted, and the only questions to be
considered are-
-Ist. The cost of reclamation.
2d. The value of the land when reclaimed.
With regard to the first- The expense of reclaiming the land may
be divided into two parts, viz , the works of the canal and barrier,
and the additional sum required to gain the land.
I consider the expense of reclaiming the land, including the canal
and barrier, will amount to about 201. per acre. And if the land be
sold as recovered, and the proceeds applied to further reclamation,
Probably only one-half of the proposed capital of 50',0001. will ever
be called up.
With regard to the second. It appears from the report of com-
petent authorities, that the land when recite med will be extremely
valuable, and may be cultivated so as produce a profit of up-
wards of 6/. per acre English per a' num ; in order, however, to
estimate its real value, it will be better to take the selling price of
the day ; from this it appears that on the 16th March last, at a pub-
lic side at Hulst, in Zealand, by order of the Dutch Government.
some unreclaimed lands similar to those conceded to the Company
were sold for 50/. per acre, and if to this be added the cost of em-
bankment the price would be c.O/. per acre.
*naming, therefore, the value of the lands of the Company, when
reclaimed, viz 35,000 acres, at 601: per acre, the whole would be
wbrtte2,loo,ooo/. Now it appears that there are 7,500 acres fit for
immediate reclamation, which may. e commenced and carried on
Simultaneously with the canal. -4,000 acres of this quantity may be
gained this season at a cost of 150,0001.,1including the works of the
can it to that period. The 4,000 acres taken at 601. per acre would be
240.0001.; and if more land can be reclaimed this season, which is not
, Linprobab:e., the amount will be proportionably -Increased. Next sea-
son a similar amount of land may be obtained with a like result ; and
at;ttaelt succeeding year an additional quantity of land would be
reclaimed,.,_ until the- whole quantity eoneede I has been completed.
"ottnPosing, however, the land not to be sold, but to be cultivated for
the benefffof the Company, then, taking the net profit of 6/. per acre
aceording to the Flemish valuation, there would be a revenue of
210,0001. per annum ; and, unlike many other enterprises, the return
would commence when only one-third of the capital has been
expenided. Making every allowance, therefore, for contingencies, it
appears that:there-1s just ground for expecting a profitable return on
-the c.apital.

I am, gentlemen, your humble servant„
JOHN RENNIE
To the Directors of the Netherlands _Land Enclosure Company.

FMIGRATION STATISTICS.
Every city, town, village, and hamlet in the kingdom now
participates in an enterprising spirit of Colonial Emigration. The
accounts from Australia and other places continue to buoy up the
ardent hokat of industrious advaiturers : rich soil, healthy climates,
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'rho !keret:lll3le amount of Busilless E. DIOSES & SON have
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OUTFITS can be forwarded to any part of the Kingdom on re-
ceipt of a remittance. E. MOSES and SON supply them for 3/. 155.,
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E. MOSES and SON gratuitouily furnish every information re-
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E. MOSES AND SON.

Lendon City Establishment, 154, 165, 156, and 157
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54. 55, and se, Aldgate, opposite the Church, ee
ford-street, 1, a,
all u,lleating.
—"6B- 83,
London West-end Branch, 506, 507, 508, New Ox
and 3, Hart-street, all communicating.
Bradford (Yorkshire) Branch, 19, Bridge-street,
Sheffield Branch, 36, Fargate.
Merchant Tailors, Clothiers, flatters, Hosiers, Farriers,
and Shoemakers, and General Outfitters for Ladies and Gentlemen:
The Establishments are closed from sunset Friday to sunset ot,
Saturdays, when business is resumed till Twelve o'clock.
A new Book, entitled "'The Library of Elegance," containing A
full list of prices, and directions for self-moasurement, can be had,
gratis, on application, er forwarded, po
st-free, to any part of the
kingdom.
A handsome Almanac for the year ending 1852 can be had, gratis,
application.
Ici l'on parle Francais. Qui si parla Italia o.
Bier spricht man Deutsch. I Aqua se habla Espanol.

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