The Sun.
London, England, 1862-05-09 00:00:00

NEWMARKET STAKES.

Canwell
•
Argonaut
Xuru110

LATEST BETTING.
CHESTER CUP.
7to 1 agst Zodiac (taken)
7to 1 agst Silkstone (taken)
11 to 1 agst Vest colt (taken)
12 to 1 agst Hadji Stavros (taken freely)
100 to 8 agst Stampede. (taken)

THE MADRAS RAILWA Y .

ANNUAL GENERAL MEETING—(THIS DAY).
The annual general meeting of the directors and share-
holders of this undertaking was held this afternoon at the
London Tavern. Lieut.-Colonel Sim presided.
The report, an abstract of which has already appeared
in The Sun, having been taken as read,
The CHAIRMAN said he had to congratulate the directors
on the completion of their main or South-West line, which
was no less than 406 miles in length from Madras to Bey-
poor. During the half-year ending the 31st December an
additional section had been opened, the result of which was
that the mileage of this line under traffic had been increased
by 271. The line had taken nine years in construction,
rather longer than was expected, but when the shareholders
considered the distant scene of operation he thought they
would agree with him that the time consumed had not been
immensely long. The construction of 406 miles of railway in
England, where everything was to be easily obtained,
would be considered a work of some magnitude; but in
India it was a work of immense labour. The line had been
constructed in the best and most substantial manner; and
as he had seen a gentleman who had travelled over the line,
he was in a position to say their works were in the very
best order. Twelve miles of the Bangalore branch were
ready for the reception of the permanent way, and it was
confidently expected that, by the end of next year, the
whole would be finished. That branch was expected to
prove a very remunerative one. The chairman then pro-
ceeded to allude to the mode of travelling adopted in India,
and said the great mass appeared to adopt the cheapest
mode of going over the distance rather than to adapting
the first-class rate of fares. Thfs was no dcubt owing to the
poverty of the lower class ; but as he thought it was a
circumstance that would continue for some time, it would
be one that required the greatest consideration. After again
congratulating the meeting on the position of the under-
taking, the chairman moved the adoption of the report.
Mr. ARBUTHNOT seconded the motion, which was agreed
to unanimously.

A SHAREHOLDER asked if the chairman could give them
any estimate of the cost per mile of the construction of the
main line.

The CHAIRMAN said no calculation had been made, but
he thought it wouli amount to between £B,OOO and £lO,OOO,
but that would include rolling stock.

The retiring directors and auditor were then re-elected,
and the proceedings termizated.

MARKETS-THIS DAY.

IMPERIAL PARLIAMENT

HOUSE OF LORDS—YESTERDAY.
The LORD CHANCELLOR took his seat on the woolsack
at five o'clock.

PRIVATE BUSINESS.
The Halifax Corporation, Queenstown Improvement,
Bristol and Exeter and Chard and Taunton Railway, and
Tendang Hundred Rtilway Bills were read a second
time.

THIRD READINGS.
The Stratford Gas, Farringdon Railway, Winchester
Road, and Coventry Poor Act Amendment Bills were read
a third time and passed.

UNITED KINGDOM ELECTRIC TELEGRAPH
COMPANY.
On the motion for the third reading of this bill,
Lord , STANLEY of ALDERLEY complained of the
mode in which bills of this description were disposed of.
Telegraph bills were introduced as private bills, and the
consequence was that the great majority of their lordships
were in complete ignorance of many of their provisions.
The present bill gave very extensive powers over all roads
and streets in England and Ireland, and that being the
case, he thought it was desirable something more should
be known before such exl ensivo powers were conferred. In
many of the bills which had passed powers had been con-
fet red which, had the bills been dealt with as public ones,
would not have been so readily granted. In one cf these bills
the Government had to pay annually the sum of £.35,000
because a telegraph had been thrown into the Red Sea, and
from which no advantage had been received. Had this
bill been introduced as a public measure, the pro-
posal would have undergone a much greater investiga-
tion than it had received, and he thought that if
such extensive powers were asked for, the bills ought
to be treated as public bills: There was another measure,
although not a telegraph company, viz., the Mersey end
Irwell Navigation, which sought to alter the whole law of
the country, and before such very extensive power was
granted he thought their lordships ought to be in possession
of the fullest information. However, under any
stances, he thought the time had arrived when Parliament
should take the subject into its serious consideration.

The Maaquis of CLANRICARDE agreed in many of
the observations of the noble lord. There was a bill of the
description he had mentioned=-the Dublin Markets Bill—
which conferred very extensive powers, and he should feel
it his duty to Object to its second reading.
Lord REDESDALE said he thought that all these
private telegraph bills should be compelled to contain a
clause similar to that which was contained in all railway
bills, viz., that their provisions were to be subject to any
general act passed by Parliament. He thought, however,
the time had arrived when there should be some general
legislation on the subject.

Lord STANLEY of ALDERLEY said the promoters of
the bill under discussion had introduced some very
valuable modifications, and therefore he was: not disposed
to object to its third reading. Ile trusted the noble lord,
the chairman of committees, would take the subject into his
consideration, with a view to produce a remedy.
Lord REDESD ALE said he thought he should be able
to meet the difficulty.
The bill was then read a third time and passed.
TRANSFER OF STOCK (IRELAND) BILL.

The bill passed through committee.
Their lordships then adjourned.

HOUSE OF COMMONS—YESTERDAY.
The SPEAKER took the chair at four o'clock.
NEW MEMBER.

Mr. HIBBERT took the oaths and his seat on his election
for the borough of Oldham, in the room of Mr. Fox, the
well-known and veteran Dissenting minister, who retired
from inability to discharge his Parliamentary duties consis-
tently with his other avocations.

PRIVATE BUSINESS.
The Bishop Waltham Railway Bill was read a third
time and passed.

PETITIONS.

Several petitions were presented against the alleged
unjust operation of the income tax, and against the ap-
pointment of Roman Catho.ic schoolmasters and chaplains
in workhouses, &c.
ALLEGED INJUSTICE TO A BRITISH
SUBJECT.

Mr. C. BENTINCR. presented a petition from Mr.
George Watson Taylor, a British subject, stating that he
had sustained wrongs from acts passed by the Italian Go-
vernment, and he prayed the house to grant him redress.
The petition, which was voluminous, was read at the table.