The Sun.
London, England, 1852-09-08 00:00:00

SUBMARINE TELEGRAPFI COMPANY DAVID DUNDA3 by Sutherlandshire, although both
BETWEEN FRANCE AND ENGLAND,
At an extraordinary general meeting of the Submarine Telegraph were
.. Liberal and although both were gifted with
Company, between France and England, held on Monday, the 6th abilities capable of proving serviceable to even the
of September instant, at the Seat of the Society, No. 10, Place de la
Bourse, Prim, most exacting constituencies. With equal incon-
EDGAR AIME, Esq., in the Chair,
sistency and ingratitude have other groups of electors
theT hfoalltowthineg
Report now
were unanimously adopted :
now read, together with the accounts, be discarded the " sound common sense" of Alderman
received and adopted.
of 5/ H RY the splendid oratorical powers of Mr.
That a dividend at the rate . per cent. per annum, for the UMPHE
ending the 30th of June last, be new declared on the p
six months
Fox, the patriotic self-devotion of Sir WILL/Am
- of the Society, and that the same be payable on and after
Capitqlthe 13th day of September instant, at the offices of the SOMERVILLE, the energetic perseverance of Lord
3sriedatyy
in Pails London.
the provisional. agreement, dated the 19th day of August MARCUS HILL, the historical information of Lord
That
last, and enterel into by the Managers and Concessionaries of the
said Society, and the " Submarine Telegraph Company, between MAHON, the legal knowledge of Sir JOHN ROMILLY,
Great Brit ain and the Continent of Europe," now read, ba confirmed the geographical learning of Mr. WILD, the honesty
a adopt-A.
That the p_wilsion2l agreement, dated the 19th day of August of Lord DUNCAN, the classical refinement of Mr.
last, and entered into by the Managers and Concessionaires of the sham-,
E the vigour and vivacity of Mr.
Society, and the " Empean and American Electric Printing Tele- g
graph Company," now read, be confirmed and adopted. BATLLTE COCHRANE, the energy of Mr. ROUNDELL
Tehleacttethdelonragd Deers 3offa eeysrocnide
Society
nlliohneo urrooabml e Frederick. e
Aid err! cf.
be _
PALMER,J. and the integrity of Mr. SHARMAN CRAW-
laston and Mr. Toche, who have resigned, and that the Managers be empowered t) take s FORD—and so on through the whole unfortunate list
such legal steps P 9 may be necessary to rat; Y
the same.
of those who have been unaccountably rejected among
That the cordial than* of the Meeting be given to Mr. Wol-
laston and Mr. Toche for ihe valuable services which they have ren- our former representatives •
dared to the Society.
Several peculiar instances are specified in the course
That the cordial thanks of the Shareholders be given to the mana-
gers
generally, for the zeal and ability, which they have !hewn in of the very sensible remarks of Fraser, wherein, ac-
the management of the affairs of the Society.
It was further resolved that cording to the opinion of our contemporary, the pos-
The Duke de Gniche, sessors of the franchise have revealed the most flagrant
Edgar Ain* Esq.,
Tee Chevalier Drouet, ingratitude end most marvellous lack of discern-
S. Laing, Esq., M.P., and
J. Masterman. jun., Esq., Among
be nominated members of the " Conseil de Surveillance." Emie3nutN•
GroNregutihreesse
tionsbtaencceosnstphiecunouasmlye
of
notified,Lord
EDGAR AIME, Chairman.
seeing that that young nobleman has, during a con-
siderable time past, revealed more and more clearly
the proficiency he has attained as a man of business
habits in connexion with the Legislature, and the
skill he hra acquired in what is here happily
designated " the mechanics of legislation." Fraser
has a goodnatured word of regret to utter over the
defeat of Mr. PARKER, at Sheffield, of Alderman
COPELAND, at Stoke-upon-Trent; and even of one
who was long tabooed by the House of Commons—.
Mr. Calm:tons ANSTET—who, says Fraser," after
much early eccentricity had at last begun to win the
ear of the House and who rarely spoke on any sub-
ject excepttotakiteaionnos fromrigin view,aland to illustrate
apposite cat
it byrecondite authorities. j
Very different in tone is the farewell tribute offered
shortly afterwards to sundry among the other re-
jected of the Irish constituencies. " The bagpipe
drone of Mr. CRAWFORD, " it is facetiously observed,
" with the howling chorus of the Brigade,' will no
more vex the dull ear of the drowsy House."
There is subsequently raised a sort of pecan
over the defeat of Mr. R EYNOI DS (" the THERSITES
of the Commons") during the stormy contest in the
city of Dublin—while a half regretful mention is
made of the rejection of Mr. HOESMAN, so long the
sting and terror of the Episcopacy.
Another tribute in Fraser to a defeated candidate
among the catalogue of former representatives we
ought especially to regard with satisfaction, both in
reference to Free Trade and to journalism. For the
tribute in question is the one directed to the veteran
author of the " Corn-law Catechism," and to that
" Old Reformer" familiar to the readers of The Sun
by his pithy communications to the Secretary of the
Bradford Reform Association. This allusion to the
eminent merits and prolonged services of Colonel PER.
RONET TuomrsoN is a propos to the rejection of Mr.
GEORGE FREDERICK YOUNG by his former consti-
tuents—the writer remarking that the Free-traders
had thrown over a vigorous Free-trader in Bradford,
just as ungraciously as the Protectionists had the " seem-
ingly only honest advocate of Protection" in Scar-
borough. Whereupon, continues our contemporary,
" we cennot say that we regret the absence of Mr.
YOUNG, whose blatant enthusiasm end misplaced
obstinacy were es much an annoyance to his opponents
as they were en obstruction to his friends ; but old
Colonel Triosapsoar we really wish to see back again
at his wonted station under the gallery, and near
pillar (to him seemingly indispensable), once more to
trumpet forth his clear sonorous sentences, pregnant
with ideas and studied with aphoristic humour. We
shall miss, too, his weekly letter to his Bradford con-
stituents, wherein, MARVEL-like, he rendered an
account of his stewardship, and gave such graphic
descriptions of the proceedings in which he
was so regular and steady, though generolly
so silent, a participator." The tribute we
have here given is as gracefully written
es it is eminently deserved, and the allusion
made to the "sonorous sentences, pregnant with ideas
end studied with aphoristic humour," is especially
happy—applicable as those words of eulogium are not
only to each of Colonel THOMPSON's speeches in the
House of Commons, but to almost every page in the six
volumes of his thoughtful and diversified "Exercises."
The comprehensive glance through this retrospec-
tion by Fraser over the results of the late General
Election, while it impresses the mind more forcibly
than ever with so/icitude is to the future of the new
House of Commons, reminds us at the same time
somewhat sadly of the looses accruing to the country
from the dissolution of the old Parliament.

Paris, Sept. 6, 1852,

Q IiBMARINE TELEGRAPH COMPANY
kJ BETWEEN FRANCE AND ENGLAND.

Notice is hereby given, that the DIN :dend at the rate of 5/. per
Cent. per Annum, for the six months ending the 30th of June last,
declared at the Extraordinary Genera' Meeting of the Shareholders,
held in Paris on Monday, the 6th inst., win be payable at the Offices
of the Society, 10, Place de la Bourse, Pvis, and 30, Cornhi", London,
on and alter Mom: s', the 13th inst., between the hours of Twelve
and For^.

The Scrip Certificates must be left for examination two clear days
before payment of the dividend.

A question of considerable importance, which has
already been discussed at some lengtle will be brought
under the consideration of the shareholders of the
South-Eastern Railway Company at their half-yearly
general meeting. A prolonged correspondence has
also taken place, the principal features whereof are
recapitulated in the concluding letters, which will be
found in another part of this day's impression, and to
which we invite the attention of all interested parties.
It appears that the owners and occupiers of land in the
district situate between Strood and Chilharn and Maid-
stone, being naturally desirous ofobtaining additional
railway accommodation, appointed a committee for
the purpose of entering into negotiations with the
directors of the South• Eastern Company on that
subject. Certain propositions were put forward on
behalf of the landowners to the effect that an Act
should be obtained for the construction of the pro-
posed work, which would complete the direct North
Kent line, at an expenditure not exceeding 600,0001,,
including the price of land, that the South-Eastern
Company should not be required to contribute in
any degree to the capital, but that they would
be expected to take the line on lease, when com-
pleted, for seven or fourteen years, at a rent
amounting to three per cent. on the outlay, and
half the surplus profits, snaking due allowance for the
rent and working expenses, including reasonable
allowance for wear and tear of the working stock.
A subcommittee was also appointed to submit these
propositions, end to treat with the directors of the
crank line. Serious differences have arisen between
that sub-committee, represented by Lord SONDES
and the directors, acting through their chairman
body J. MA 9
. CGREGOR, M.P. ; and as the general
well that 8
ofshareholders will to-morrow have to express
their epicion
on
the various points, it may be
matter onthe
y should cleeely understand the subject-
which they are to decide. With respnt to
nuM, the directors,
the loose, et the mini lwaibrouro rent of 18,000/. per er-
ects° have had long practical expe-
ovelstthmeentiater ar
etheir firm conviction
rience on such subj
osed Eno would 1-? nil,
thattb a t
ethveendiirvidtheendisn
sworeviouneldede, and the line
atuliceh al irr
:out Our ;
constructed, the traffic, per
the cost and expense of working. Under c°4lltervell
stances it could scarcely be expected thart
an„ Awe
would recommend their constituents to incur a
ne
and heavy liability
without a reasonable oh
some fair equivelent. Eighteen thousand --
Pounds
on the
dividends, which have'
per annum would neak.e.a considerable inroad
NM applicable to already
been too much reduced, to permit the supposition
that any further diminution would be cheerfully
assented to. Thera is no doubt that real pro-
perty in the district would be materially be-
nefited, and that it might be worth the while
of the owners of the soil to undertake
the outlay, although it proved utterly unremunera-
tive as a railway speculation. This might be, and we
believe is, the truth. But if so, the parties seeking
the benefit should be prepared to put their finds in
their own pcckets, and to obtain the desired advan-

tages at their own expense and no:; of third parres.
The company would gladly co-operate, would render
every assistance in their power, but a guarantee of 3
per cent., isith a promise of bslf profits, would k. 7, to
all intents and purposee, azsuniing the entire burden ;
for in the present state of the money-market and the
high credit enjoyed by the cornpiny, the directors
could easily raise the required sum, witout any ad-
ditionrl charge for inter'
r, and Nsithouth being liable
for the contingent half of the profit., a chance,
however/ Which Would not be very formidable. The
premise of raising the entire capital on such terms,
without calling on the company to contribute, is no
such very great exertion on the part of the "terri-
torial eristocracy," that the shareholders should be
overcome with gratitude for the excessive liberality.
Da let us see how licuc4 these aristocratic parties 4