The Sun.
London, England, 1864-04-22 00:00:00

PROSPECTUS.

The rapid development of steam navigation in long voyages
and the recent improvements in marine engines admitting of
greatly increased economy in consumotion of fuel, make it
evident that era long all the valuable trade f the world will
be conveyed by screw steamers, which, while worked at a
comparatively moderate cost, ensure regularity of des atch
an 1 ce. tainty of arrival not attainable by the fastest clipper
sailing ships.
The Mediterranean, American, and West Indian trades are
now almos exclusively carried on by unsubsidised screw
steamers, and the resul, of the established lines, such as the
" Inman," "Bibby," ac., has been highly remunerative to
the shareholders.
This Company has been formed to establiAi a line of steam
communication between England, Brazil, he River Plate,
and the West Coast of South America viii the Straits of
Magellan.
The recent passages of the Pacifi3 Company's boats, which
in proceeding to their stations in the Pacific, have performed
the voyage in 35 to 40 days from Liverpool to Valparaiso,
calling at Madeira, St. Vincent, and Monte Video, prove the
feasibility of this route.
't he vast extent of trade with the countries with which thi
Company proposes to open communication may be ecen from
the following et atement :
The exports of British manufactures to Brazil,
River Plate, Chili, and Peru, in 1863, amounted
in value to

.... 1;8,291,150

The lmpor s from the West Coast, c nesting
of bar copper, silver ore, nitrate, wheat,
wool, cotton, &c., employ over 2'0,000 tons
of shipping annually,
From Chili the annual exports of bar copper
are about
If f t If Regulus 25,000 „
II It I f Copper ore

The annual exprtation of produce from
Chili alone is valued at upwards of ...... £1,000,000 sterling.
It will thus be seen that a large and profitable field exists
(as yet unprovided with steam for commercial purposes), for
the establishment of a 1 ne of screw steamers of power suffi-
cient to ensure certainty of quick passages, and of capacity to
take large cargoes, affording at the same time accommoda-
tion for a yearly increasing passenger traffic to Brazil a:id
to the West Coast.
The Company will commence operations with six screw
steamships of 2,200 tons and 300 horse-power each ;having
eapacity tor 2,000 tons cargo, 35 days' fuel, and accommoda-
tion for 50 to 70 firs and a similar number of second-.lass
passengers), leaving Liverpool and Falmouth once a month,
calling at Bahia, Rio Janeiro, and Monte Video (takingg-oods
and passengers for Buenos Ayres), thence proceeding via
Straits of Magellan to Valparaiso and Lima.
Arrangements will be made to take cargo to and from
Arica, Islay. and other ports on the West Coast.
The vessels are guaranteed to steam 10 knots, and, be-
ing fully rigged as clipper sailing ships, are calculated to
perform the voyage regularly in, say—
Falmouth to Rio Janeiro (calling at Bahia) 25 days.
Do. Monte Video
Do. Valparaiso ...........
Do. Lima 60 „
The average passage of sailing ships to the West Coast be-
ing over 90 days.
The Chilian Government has long wished to see such aline
established, and some years ago offered a subsidy for the pur-
pose; it is hoped that at the least liberal concessions will be
obtained, not only from the Chilian, but also f om the Peru-
vian, Argentina and Brazil Governments, which will tend to
facilitate the operations of the Company.
The expense of working such aline has been carefully gone
into, and every confidence is felt in recommending this scheme
as possessing elements equal, if not superior, to any mercan-
tile steam line from England.
The Pacific Company, though only connected indirectly (via
Panama) with England, commenced in 1810 with four small
steamers, h <ve now a fleet of 17 vessels of great power, pay
very handsome dividends, and their shares, which originally
'were £5O each, are now quoted at 5.81, whilst in no trade
have sailing ships len; more profitable results than in that of
the West Coast.
The services of a firm well acquainted with the trade, and
the m inagement of screw steamers, have been secured on
satisfactory terms, and the business of the Company will
be conducted on the most ezonomical scale cous.etent with
efficiency.
No promotion money will be paid for originating this Com-
pany, but the preliminary expenses will be confined to neces-
sary disbursements only.
The articles of association may be seen at the offices of the
solicitors to the Company.
Applications to- shares must be accompanied with the pay-
ment of the deposit of £1 per share. In case the amount so
pad exceed £2 per share on the number of shares allotted,
the surplus will be returned ; but should it fall short the
balance must be paid within the time to be stated in the let-
ters of allotment, otherwise the allotment will be cancelled
and the deposit forfeited.
Forms of application for share; may be obtained from the
bro ers, and at the temporary offices of the Company.
In cases where no allotment is made the deposit will be re-
turned in full.

FOR3I OF APPLICATION FOR SHARES,
(To be re' ained by the bankers.)
To the Directors ct the British and South American Steam
Navigation Company (Limited).
Gentlemen,- -Having paid to your bankers the sum of £ ,
being a deposit of £1 per share on shares in the above
Company, I hereby request that you will a lot me that num-
ber ; and I agree to accept the same, or any less number you
may allot me, and to become a member of the Company ;
and I authorise you to place my name on the register of mem-
bers for the shares so a'lotted ; and I agree to be bound by
all the conditions and regulations contained in the memo-
randum and articles of association of the Company. I further
authorise you to forward by post, to my address as below, the
certificate for any shares which may be allotted to me.
Name in full
Residence
Firm (if any)
Profession or business ..............
Place of business ...........•••••••••
Date ..

THE ENGLISH AND FOREIGN CREDIT
COMPANY (Limited).
Incorporated under the "Companies' Act, 156?," by which
the liability of the shareholders is limited to the amount
of their shares.
Capital £2,C00,00, in 40,00) shares of £5O each.
First issue 20,000 shares. Deposit £ I per share on applies-
lion, and £4 on allotment, of which 10,0,.0 shares h Ave been
already subscribed f .r.
Subsequent calls not to exceed £2 108., and at intervals of
not less than three mouths.

It is not intended to call us more than £l5 per share; but
as the operations of the Company require additio al capi-
tal, further issues of shares will be made, a preference
being given to the then
existin g shareholders.

DIRECTORS.
John Barrow, EFq., Normanton Hail, Director Amsterdam
Water Works Company.
Joseph Bray, Esq Pyrgo Park, Romford.
Ferdinand Jacques, Esq., Banker, Berl n.
iharles E. Mangles, Esq., Chairman West India Royal Mail
Company.
George Sheward, Esq., Leinater-square, Bayswater,
George Valmer Robinson, Esq., Director Alliance Bank.
Thomas Stenhouse, Esq., Chairman Discount Corporation.
George Barnard Townsend,
Esq., Director South Eastern of
Portual Rai.way Company.
BATT/KERS.
Liverpool; and King-etreet, Manchester.
17, London ; Brown's-buildings,
The Alliance Bank, Lothbu

SOLICITORS,
Messrs. Desborough, Younr, and Desboroug,h, 6, Sise-lane.
Messrs. Swift and Co., 32, Great George-street, Westminster.

BROKERS.
Messrs. Denote and Gorton, 2, Austin-friars.
SECRETARY (PRO TEM.)
Mr. Chester Earles.
TEMPORARY OFFICES.
2, Copthall-chambers, Angel-court, ThrogmOrten-street

PROSPEepus.
The Directors having received
he support of eminent
foreign capitalists, and the c,• operation of many of the lead-
ing firms in thi- country connected with public works, are
already in a position io announce that they have secured a
business which will of itself yield a lame return on the capital,
'
without reckoning the probable profit which they will also
they have in view.
now manifested itself in
d errr iuvee
uf
pr of
rmf f toll ee
!if uf
er trhperri
soepweruaf telho nhsa s
foreign countries, with the encouragement given by the
various Governments to the construction of works of publio
utility, leave no doubt that there is still ample scope for an
undertaking of this nature. Having
influence of those connected with banking establishments in
many of the principal cities of the continent, but the acquisi-
tion of business, whi:,h will form the basis of immediate
secured not only the
profitable transactions, the Di, ectors have no hesitation in
introducing this Association to the public..
The general objects of this company
are the same as those
of other compan es of a kindred nature which have boen
Y, and Which, by the judicious
enabled to secure for the
shareholders such large dividends.
The company will negotiate :
employmentlatelyatartedu
fincatphiitsa l :or
wter be e n
•
1. Loans and concessions for railways, and other publio
works abroad.
2. Th y will advance m-ney on approved securities, as well
as purchase ind ne2otiate throe ame ,
-Pon commission.
responsibility, and facilitate the construction of important
tors of position and
be
dependpaid
public
hweyorkwis.ll lend money contrac
, and the amount of the
willllupon the profits made.
With the view to ex.ended operations upcn the continent,
Directors' N opromotion-money
remuneration
vi i
the Directors are authorised to publish the names of the fol-
lowing Bankers, as the correspondents of the Company:—
Vienna Austrian Credit Institute.
Berlin .. Joseph Jacques, Banker.
Hamburg The Brunswick Bank,
Leipt.l3 lleinr Kustner and Co.
Cologne The Schaulhausen Bank Union.
Breslow E. Heiman, Banker.
Munich Herr Von Frohiiche, Banker.
Dresden George Meuse! and Co., Bankers.
Konigsberg
Hanover J. Copper and Son, Bankers.
Dantzic
Prospectuses and forms of application for shares may be
obtained at the temporary oil ,ces of the company,
2, Copthall-
chambers. Angel-court, Throgo""ml-street, or at Ihe offices
of the brokers, Messrs. Dezoete and Gorton, 2, Austin-friars.

This form must be deliverel entire to the bankers of the
Cbeomreptaainnye:d abnydt,haefm.ter payment of del) si , the application to
FOR3i OF A.PFLICIIION FOR SHARES.

No.
To the Directors o' the English and Foreign Credit Company
(Limited,.
Gentlemen,-- Having paid to your bankers the sum of
£ , being a deposit of £1 per Share on shares in the
above company, I hereby request that you will allot me that
number, and I afire: to accept such shares, er any smaller
number that may be allotted o me, subject to the regulations
of the company, and also pkr the further deposit of £4 per
share on allotment; and I hereby authorise yi,u to enter my
name on the register of shareholders for the shares so al-
lotted.
Name in full
it• sidence
Profession or business
Date

TEETH,—Mr. ESKELL'S INVENTION in
the construction of ARTIFICIAL TEETH has the
following advantages :—A set of teeth, of excellent work-
manship and mechanism, can be made and fitted with the
most perfect accuracy and success, in a few hours, without
pain or extraction of stumps, and to answer all the purposes
of mastication and articulation. They are fitted without
wires or fastenings, and adapt themselves so perfectly to the
gums, that they are quite immoveable, except at the option
of the wearer. Invalids or residents in the country can ad-
just these teeth to many changes of the moith without the
aid of a dentist. They arc not 60 liable to injury, are always
useful, and will last a lifetime. Comfort guaranteed. Trea-
tise explaining Mr. Eskell's Patent, &e., free for 7 stamps.
Inspection of specimens and consultations tree.-B,Grosvenor-
street, Bond-street, W; pi ` 39, Bennett's-hill, Bir-
mingham.

MERCHANTS, MANUFACTURERS,
TRADERS, AND EXECUTORS.
ACCOUNTS arranged and adjusted, and Balance Sheets
prepared.—Financial operations organised and Banking' fa-
cilities arranged.—Cash Advances made on Trade Stock,
Dock Warrants, and other Securities, and Sales effected.—
The Agency of Provincial and Foreign Firms undertaken.
Address, Messrs. BANKES and Co., Accountants, 20,
Devereux-court, Strand, London, W.C.

DR. SCOTT'S BILIOUS AND LIVER
PILLS.—A NEVER FAILING REMEDY.—Pre-
pared without any mercurial ingredient, from the recipe of Dr.
,cott, of Bromley, Kent, will be found invaluable to all who
suffer from bilious dizziness dyer complaints, indigestion, wind.
pasina, gtddiness, ot the eyes, &o. For habitual
costiveness, as a family aperient medicine, and as a purifier
of the blood, they are truly excellent; mild in their opera-
tion and grateful to the stomach, they create appetite, pro-
tnote digestion, and strengthen the whole nervous system.
Sold by W. Lambert, 8, King William-street, Charing-cross.
London, and by most druggists, in boxes, ls. lid., and three
times the quantity in one,. 2a. 9d. Be sure to auk for Dr.
Scott's Bilious and Liver Pills. The genuine are a square
green package. with " William Lambert," engraved on the
stamp.

[ADVERTISEMENT.]—Holloway's Ointment and Pills—
Abscesses, Erysipelas, Piles.--Unvarying success attends
all who treat these diseases according to the simple printed
directions wrapped round each pot and bex. They are
invaluable to the young and timid, whose bashfulness
sometimes endangers life. A little attention, moderate
perseverance, and trifling expense will enable the most
diffident to conduct any case to a happy issue without
exposing secret infirmities to any one. The ointment
arrests the spreading inflammation, restrains the excited
vessels, cools the overheated skin, alleviates throbbing and
smarting pains, and gives great ease. The same direc-
tions also clearly point out when and bow Holloway's
pills are to be taken, that their purifying and regulating
powers may assist by adjusting and strengthening the con-
stitution. Sold at Professor Holloway's establishment, 244,
Strand, and all medicine vendors throughout the civilised
world.

1. There will be six ranges, viz.: A, 200 yards ; B, 500
yards ; C, GOO yards ; D, 800 yards ; E, 900 yards ; and F,
1000 yards.
2. The size of the target will b© the same as in 1863.
3. There will be square bull's• eyes and centres at all
ranges, bull's• eyes counting 4, centres 3, outers 2.

-
4. For volunteers, the shooting at range A will be off the
shoulder; at the remaining five ranges it shall be from the
knee, Ilythe position, unless off the shoulder.
5. For all corners, the shooting at range A will, unless
otherwise specified, be off the shoulder ; at the remaining
five ranges any position, but no artificial rests will be
allowed unless otherwise specified.
G. Unless otherwise specified, the prizes open to all
corners may be shot for with any description of rifle, not
exceeding 101 b in weight.
7. Unless otherwise specified, no magnifying sights will
be allowed.

8. No hair triggers will be allowed.
9. In all shooting for prizes open to volunteers only the
minimum pull of trigger will be 61b.
10. Prizes will b© given for rifles classified as follows :
L, Large Bore—A, long Enfield ; B, any rifle of bona fids
Government pattern, as used by the rank and file of volun-
teer corps, and carrying *577 ammunition ; C, any rifle
under 101 b which can carry Government •577 bore ammu.
nition. 2, Any Bore—A, any rifle under 101 b, with any
description of eights, telescope excepted. B, Any rifle
under 101 b, with metal ramrods and military sights.
Sights not being of any Government regulation pattern
must be submitted to the council on or before the Ist of
June. The sights must in any ease allow of the regula-
tion bayonet being fixed without injury to the foresight,
C, Any rifle under 101 b with telescope affixed weight of
telescope not included. D, Any rifle under 151 b, with
telescope affixed, the weight of the telescope not included,
distance 2,000 yards, projectile solid bullet and shell.
This competition will take place at Hythe, or at some
other convenient place after the Wimbledon meeting. No
prize will be given unless two competitors enter. 3,
Breechloaders, 4. Carbines.

11. Ties-1. Where prizes are competed for at one range
only, ties shall fire one shot each at that range until the
best shot be returned. 2. Where prizes are competed for at
more than one range, and adjudged according to the aggre-
gate number of points made, ties shall fire one shot at the
longest range until the best shot be returned.
12. In the competition for prizes restricted to volunteers,
at ranges A, B, and C, none but Government ammunition,
as supplied on the ground from the Government magazine,
shall be used. Any competitor infringing this rule shall be
disqualified from competing for any prizes during the re•
mainder of the meeting.

13, Two sighting shots shall be allowed to each competi-
tor at each distance, in every competition, on payment of
Is. per shot. These shots shall be fired in order, when the
squad is formed and at the target about to be used in the
competition. No sighting shot shall be allowed after the
squad has commenced the competition.
14. Sighting shots may be fired in any position.
15. Competitors shall, if required, submit their rifles for
inspection before, during, or after a match.
16. No competitor shall, unless otherwise specified, enter
more than once for any prize.
17. All entries shall close on the day and at the hour fixed
for the commencement of each competition.

18. All competitors for open volunteer or all•corners' prizes
who enter their names on or before the Ist of July, will be
squadded according to the date of entry, and due notice will
be given of the probable day and hour when their squad
will shoot. All subst iiittent entries will be squadded on the
ground.
19. All winners of the Queen's prize (second stage), all
winners in the Albert, Prince of Wales, Alexandra, Duke of
Cambridge, Association cup, Wellington, Dudley, Derby,
and Oaks competitions, and also the winners of first prizes
at any of the distances in the ' Any bore' or Enfield All
Corners' competitions, shall be debarred from again winning
the same prize or prizes. N.B.—A £5O cup will be annu-
ally given to be competed for by prizemen so excluded.
20. The winners of money prizes shall, as in previous
years, have the option of taking them in money or in kind.
21. All winners of money prizes shall, on or before the
morning of Friday, the 22d July, declare to the sect etary
their intention to take their prize in money or in kind.
22. Those who wish to take their prize in money can be
paid on the ground, on presenting at the finance department
a certificate, signed by the chief of the statistical department,
and countersigned by the secretary.
23. All members of volunteer corps competing for prizes
restricted to volunteers shall be required to appear in the
uniform of their corps.

24. Any couspetitor discharging his rifle without having
previously obtained permission from the officer or person in

Yesterday, at a meeting of the Common Council, held at
Guildhall, the Lord Mayor presiding,, Mr Alderman Rosa
called attention to a bill which had been introduced into
Parliament for reconstructing the Thames Conservancy
Board and adding six new members, three of whom are to
represent the shipowners, two the steamboat interest, and
ono the barge owners. The bill, he said, also provided for
the first time for the payment of members of the board, and
apportioned a sum of £5OO a year to the deputy-chairman.
He regarded that part ct the measure as extremely objec-
tionable, for this, among other reasons, that the representa-
tives of the Common Council at the board had always consi-
dered it an honour to serve the corporation in that c -Tufty.
But he has opposed to the whole principle of the bill, inas-
much as it went completely to disturb a great settlement of
long-pending suits between the Crown and the corporation.
come to only seven years ago, and which established the
Conservancy Board on its present basis. Mr Thorpe,
deputy-chairman of the Conservancy Board, explained that
the bill was founded on the report of a select committee off
the House of Commons, who had carefully investigated the
manner in which the Conservancy had been performed since
1857, when the settlement referred to was arrived at. He
added, in reply to Mr Hartridge, that the bill had been in-
troduced by the Vice-President of the Board of Trade, and
not at the instigation of the Conservancy Commissioners.
Deputy Harrison expressed in strong terms the surprise
with which he had heard that it was in contemplation to pet
aside a charter granted by the Crown and ccnfirmed by
Parliament only a few years ago. Eventually, on the mo-
tion of Alderman Rose, copies of the bill, of the report, and
evidence on which it was founded, and of the Act of Par-
liament of 1857, which embodied the agreement effecting
the compromise in question, were ordered to be sent to
every member of the court. Mr Lawley brought forward a
motion, of which he had given notice, to the effect that the
corporation, highly appreciating the municipal institu-
tions which it had enjoyed for so many centuries, and
believing that the time had now arrived when the privileges
of self-government should be extended to those portions of
the metropolis not yet intrusted with the management of
their own local affairs, and desiring to aid in the accomplish-
ment of that result, were prepared to contribute the sum of
£5,000 as a nucleus of a borough fund to each of the Par-
liamentary boroughs of Southwark, Westminster, Maryle-
bone, Lambeth, Finsbury, and the Tower Hamlets, to be
paid them when these boroughs shall have obtained charters
of incorporation, under the provisions of the Municipal Cor-
porations Act. He grounded his motion chiefly on the ten-
dency to spread of the obnoxious system of centralisation,
which he contended was adverse to popular liberty, and of
which they had examples in the administration of the poor
laws and the police, and in the proceedings of the Metropo-
litan Board of Works, and in the changing character of the
constitution of the Thames Conservancy Board. Ho dwelt
also on the right of the metropolitan boroughs to municipal
institutions, having regard to their enormously increasing
population. Between 1831 and 1861, a period of ZO years,
he said the population of Southwark had increase.' from
134,000 to 193,000, in round numbers ; of Westminster
from 202,000 to 254,000; of Finsbury, from 224,000 to,
387,000;
of Marylebone, from 134,000 to 436,000; of Lam-
beth, from 150,000 to 294,300 ; and of the Tower Hamlets
from 302,000 to 647,000. The motion was seconded by Mr:
Rudkin. On the other hand, Mr. Anderton ridiculed the
enterprise. se Quixotic—and Mr. De Jersey
idea of the Corporation of London expending £30,000 in an
motion, contending opposed the
that the Common Council ought to be
above the attempt to maintain the prestige of the Corpora-
tion by seeking to obtain municipal institutions for agglo-
merations of parishes throughout the metropolis. Deputy
' of their own.
Elliott deprecated the Corporation interfering in the manage-
ment of other people s affairs to the neglect
The motion was received with little sympathy, and at ono
time the Court was verb nearly being counted out. Mr
Medwin spoke in favour of the proposition. as holding out
the right hand of fAlowahip to the metropolitan:community,
by whom the Corporation of London was regarded with
envy. Mr. H. Lowman Taylor contended that the metro-
politan boroughs had the power of
establishing municipal
institutions for themselves if they wished, without any as-
sistance from the Corporation of London. The motion was
eventually withdrawn. Mr Fry, chaii man of the Improve-
ment Committee, reported that they had accepted, subject to
the approval of the Court, a tender of Messrs. Browne and
Robinson for the erection of improved swellings for the
labouring poor, at the sum of £87,013. The report v, as
adopted,

The beautiful chateau of Chenonceaur, on the
Loire, Which has for some time b2cu advertised for
sale, has just been purchased by M. Pelouze, a son of the
celebrated chemist and a member of the Institute, for
800,000 f., with the land belonging to it. This chateau was
bequeathed by Catherine de Medicis to the widow of Henry
111., who gave it in marriage to her niece, the Duchess de
Vendome. In 1720 it was sold by the Princess de Conde
to the Duke de Bourbon, who subsequently sold it to a
farmer of taxes named Dupin, from whom, in 1799, it
passed to the family of Vallet de Villeneuve,