The Sun.
London, England, 1853-07-05 00:00:00

RAILWAY INTELLIGENCE.

Mn. CARDWELL'S COMMITTEE ON RAILWAYS.—This
committee met again on Saturday to consider their re-
port, but nothing transpired as to what progress was
made in preparation of the document.

LONDON AND NORTH-WESTERN AND WARRINGTON
AND ALTRINCHAM RAILWAYS.—The special committee
decided on Saturday that if, by Monday, the former
company did not make some arrangement to accommo-
date the traffic of the latter, the committee would them-
selves compel a solution of the difficulty much more
onerous than merely carrying forward traffic brought
to the station.

EASTERN UNION RAILWAY.—The bill of this company,
which, like that of the Leeds Northern, seeks to curtail
the interest on preference shares, passed the Commons
committee on Saturday. It is the only bill of the kind
that has been so far successful, but there is no expecta-
tion of being able to carry it through the Lords, after a
declaration made by Lord Redesdale against all such
measures of relief.

REPORTS OF SELECT COMMITTEES ON RAILWAY BILLS.

AMBERGATE, NOTTINGHAM, AND BOSTON. Mr.
Corry reported from the committee on this bill that the
proposed additional capital which the company are au-
thorised to raise for the purposes of the bill is 120,5001.,
and the additional amount of loan they are empowered
to raise is 40,1661. The length of the extension line is
2 miles 6 furlongs, and of the junction line 1 furlong
5.70 chains, the steepest gradient being 1 in 200, and
the smallest radius of a curve 30 chains. It is intended
to cross on a level one turnpike road. The estimated
cost of the railway is 120,5001., and the quantity of
land required 401- acres. Mr. Underwood, Mr. J.
Hawkshaw, and Mr. C. 11. Gregory were the engineers
examined in support of the bill ; and Mr. T. Hawkesley,
Mr. A. Gee, and Mr. Salmon were the engineers exa-
mined in opposition to it. The committee are satisfied
of the fitness, in an engineering point of view, of the
proposed lines of railway.
EAST ANGLIAN (No. 2.)—Mr. Corry reported from
the committee that the new works, power to construct
which is sought by the bill, are to be executed out of
funds already under tbe control of the company. The
length of the proposed line of railway is three furlongs
one chain, the steepest gradient being 1 in 100, and the
smallest radius of a curve 4 chains. The estimated cost
of the railway is 18,0001. Mr. R. Stephenson was the
engineer examined in support of the bill, and the com-
mittee were satisfied of the fitness in an engineering
point of view of the proposed railway. That with
respect to the powersought by the bill, that with the sanc-
tion of not less than four-fifths in amount of the registered
holders of the preferential shares or stock of any class,
the company may reduce the rate of interest payable on
the shares or stock of that class to any rate below the
rate agreed on, and that thenceforth such reduced rate
of interest alone should be payable on the shares or
stock of that class, it appeared to the committee that,
under the circumstances under which the preference
shares were originally raised (the company being at the
time in great financial difficulties), and the present
im-
proved position of the company's affairs, the restriction
required by the 129th standing order should not be
enforced.
LONDON AND NORTH-WESTERN (COALBROOK-DALE,
&c.)—Sir J. B. East reported from the committee that
they had examined the allegations contained in the
preamble of the bill, but the same had not been proved
to their satisfaction.