The Sun.
London, England, 1855-12-29 00:00:00

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It affords us gratification to announce that the
opening of this extensive undertaking has been at.
with unqualified success. Notwithstanding the dull)
season of the year, as respects arrivals, and the generally
adverse state of the wind, no fewer than 89 vessels,
averaging 500 tons each, equal to nearly. 20,000 tons of
shipping, have entered the docks during the last fort-
night, comprising fall cargoes from Calcutta, New York,
-Queliec; Alexandria, Naples, Sicily, Bourdeaux, Havre,
the Baltic, &c., to., including also the large steamers
Sydney and Australian, last from the Crimea. A cons
siderable portion of the cargoes has, we understand,
been warehoused by the dock company. This result
may be regarded as affording conclusive evidence that
the mercantile public will gladly avail themselves of the
combined advantages' offered by this new claimant to,
their patronage. Ample water accommodation, with this
modern appliances of hydraulic power and perfect rails
way communication, insure that great desideratum, des-
patch, and, united with a low tariff, enable the merchant
or agent to conduct his business alike satisfactorily to
jriaprincipal and himself.
The Victoria Dock and Basin just opened comprise
about one hundred acres of water, being more than
clouts!e the space afforded by the St. Katherine Docks
and London. Docks together, and nearly equal to
all the docks, canal?, and basins of the East and West
India Dock Company united. Four jetties, on which
are situated exteriaive vaults and warehouses, afford, in
addition to the sidss of the dock, abundant quay room,
whilst lines of rails connect the e aid warehouses and
landing-places vsittr the North Woolwich Railway,
access to the Fenchurch-street and Shorediteb stations
and is every railway north of the names. The com-
pany possess, in addition, 450 acres. of land, extending -
eastward-to Galleon's Reach, with Parliamentary powers
and adequate capital to construct from 100 to 200 acres
of additienaldocks. Assuming merely the smaller quan-
tity, the Victoria Docks will be fully equal in extant to
the Liverpool Docks ;collectively., whilst, by the adop-
tion of-modern improvements ana appliances, they will
greatly surpass their northern competitors in point of
eonvenience and facilities. When completed, they will
extend in unbroken' length nearly three miles, which
may be described as the distance from the Marble Arch
to Newgrete-streets_Avhilst the marginal land will afford
every kind of accommodation to trade and shipping that
can possibly be required, includi g graving-docks, ship-
builders'-yareis, &c., to the grr at alsantage of the Com-
pany, and increase of the natural business of the docks.
0 wing to the.laaspeabive nature of the land, and
itile economical anode of oemserstethan employekthese
viol and reriking-results will have bden accompliAed
at an outlay incredibly small, when looked at with re-
ference to the cost of similar uu lertakings. The follow-
ing comparative estimate does not pretend to extreme
accuracy, but it is sufficiently near for the purpose re-
quired. Inasmuch as an entire uniformity (the result of
combination) exists in the rates, charges, and regula-
tions of the other great dock companies on the north
bank of the Thames, they may be practically treated as
one amalgamated concern, though otherwise perfectly
distinct :
LiverpoolDscks,about
200 acres of water,
cost
St.lCatherine,Lendon,
Ea-land West India
Docks, about 155
acres of water, in-
cluding works in
progress, cost about 8,500,000, or 55,0001. per acre.
Victoria Docks, pro-
bable minimum ex-
tent 200 acres, with
theSteelyardistate,
and intended ware- •
houses thereon, cost 1,200,000, or 6,0001. per acre.
These particulars are derived from the printed reports
of the Victoria Dock Company. Encouraged by this
great disparity of outlay, the lessees have fixed the rates
and charges on an average nearly 50 per cent. below
their neighbouring competitors, and placed them mainly
on a par R ith those current in Liverpool.
We consider it impossible to exaggerate the ma•
mentous consequences of this event to the commercial
progress of the metropolis. Certainly, it may be now
fairly said, its trade is virtually freed from the incubus
of high charges, and the obstructions attendant on im-
perfect accommodation. We regard the opening of the
new docks as forming an era or starting point in the
history of London ; and we see every reason to hope, not
only that its present commercial pre eminence may be
maintained and perpetuated, but that some portion of
the trade diverted from it of late years may be pre-
sently restored to its ancient channel.—Morning Ad-
vertiser.

[PRICE 4D. STAMPED 5D-

still unrip'. . . . A congress, Nye repeat, suggests
points of discussion well defined—a certain community
of views between the powers ; who can affirm that that
exists—a prior understanding on the basis of a peace
between the belligerents; who is certain that the
answer of the Czar will consecrate that understanding ?"