The Sun.
London, England, 1853-08-01 00:00:00

BROKERS.
Messrs. Mullein!, Marshall, and Daniell, 3, Lombard-street.
Mew:. Robins and Barber, 29, Threadneedle-street.
SECRETARY—Henry Foreman, Esq.
Offices-62, If oorgate-street.
er Majesty in Council having granted a Royal Charter of Incmr-
o„ at'en, the Directors feel it a duty promptly to bring into effective
,2reration the means which they believe best calculated to insure the
est direct and expeditions communication with Australia, and
thereby to satisfy a requirement of great and growing urgency.
Th4ustrearirt4 proposed, viz.—the dlrectfltir comnnaeclianyg England with
as divided
intoand ctLorsoes insfatghoes
u lsthmus
Atlanticoanpaassage, the transit across
tit
isthmus and the Pacific passage -to Sydney and Melbourne al-
lernately, coaling at Otaheite or other convenient station. On the
first it is unnecessary to dwell; of the second, all difficulties are in
process°ln of speedy removal by the line of railway now approaching
pl Uon * with attendant accommodation of suitable hotels at
ootnextreemes; and the third, favoured as it is with the smoothest
kris, with moderate winds, a pleasant temperature, and the absence
et adverse currents, may indisputably be described as presenting the
test unobjectionable navigation in the world.
The directors, therefore, availing themselves of the long practical
experience of Capts. A. S. Hamond, R.N., and J. Cochrane Hoseason,
R.N.—who, for several years, have held command of steam-ships
en the Pacific, New Zealand, and Australian stations, and of whose
published opinions the soundness has been fully confirmed
errweent results, adopt this conreerswrombaiing4hcaswil4ll 4..1c11
l'antages of speed of comfort, of economy, of safety, reserving, liow-
t,,ser, the power t'o avail themselves of any more desirable line of
ix7it across any other section of Central America, which time may
IV,Iy develop.
tits speed and regularity with which paddle-wheel steamers--on
ts,'-rnittrd and Collins' lines—have performed their passages across
'‘Lithialent seas of the North Atlantic, having established a con-
a° es 7 that this mode of propulsion is best calculated for long voy-
kest• hlit high velocity—it Is proposed to employ paddle-wheel
of about 3,000 tons, with commensurate engine power—
thipkrig ail well established improvements -in reference to ma-
-717, uniformity of size, proportions, and cabin accommodation.
4A t' Vessels will proceed at stated periods from Milford Haven to
iflie"trall (Navy Bay), on the Atlantic side of the Isthmus; from
ise,te Passengers and cargo will be conveyed by rallwayto Panama,
Pacific side, and there re-embarked for Australia, accomplish-
reet,the Whole distance, to or from, in about fifty-five days. The Di-
-414 05, after the most deliberate consideration, have decided that
les.Tll Haven, as the port of departure promises advantages. which
skit",t,iter ports can supply, viz , the safest anchorage —entrance and
..1417,, all times—facilities of repair—supply of most suitable coals
tee eatY communication by rail with London, Manchester, and all,
iaantlfacturing districts.
trm's thought unnecessary to dwell on the great extension of general
arto,The, wherever proper facilities of intercourse by steam have been
(141-.ped ; it may, however, be briefly stated that the produce of gold
18_af the year 1859, in the colony of Victoria alone, amounted to over
Eft:7,006/., with every prospect of a continuous increase. exclo-
tion 14 thispr of New South Wales, which forms a large addi-
Au to vas t amount ; that during the months January, February,
fre-leil.s and April last, the specie transmitted across the Isthmus—
eairf ere and Chill, from the western coast of Mexico, and from
stertirhia—amounted to 20,410,796 dollars, exceeding 4,000,0001.
T>le.g ; and that the passenger traffic by the same route and for
cot the period amounted to 10,568 persons, irrespective of three
o6L`Yed by the San Juan de Nicaragua line. It may be, moreover,
ch;',‘ ved that this extent of traffic, however great, affords no ade-
147`e Idea of the vast trade which will arise to feed this line when
raa4l,loPeration, with all the important advantages of a completed
CaY and of a systematic conduct of business.
keine additions to this vast traffic must necessarily flow from the
eole-hTing intercourse between North America and the Awaralian
asp es, facilitated as such intercourse is by the powerful lines of
itiraers already established between the United States and the
am Tug of Panama in the North Atlantic, and between California
a in the North Pacific.
gi• mmeiit augniented line of steamers also employed by the Pacific
Navigation Company between Valparaiso and Panama must
le,r.erably swell the stream. These great results stand in perfect
g4Pendence of a line projected which wilt, in all probability, at no
I.ll,„ant Period, connect California and China, and likewise of traffic
• natural result of conveyance of passengers and valuable merchan-
plverted from old and circuitons routes.
h(4te Directors derive great encouragement from the knowledge
ef tll,e objects of this Company are favoured with the high approval
he,, 11,,tish merchants in general. Many of the most eminent London
et;',l have strongly expressed their approbation ; and the following
le,-Thhent`fully attests the spirit in which the enterprise is regarded
''everal influential and distinguished Manchester firms :
let:rres the undersigned, being desirous of encouraging the esta-
14uient of a line of first class steam packets, offering increased
,e`,.lllties and advantages for the transit of passengers and goods, to
4.froin Australia and the different important states in the Pacific
1,3, :la, and being deeply impressed with the advantages of the route
the he way of the Isthmus of Panama, since the establishment of
• railroad at that place connecting the two oceans—hereby signi,y
PODProval of the projected British and Australian Direct Screw
comp,,ey,f for the purpose of carrying out the line of com-
'''deation to those parts in the most efficient manner."
(Signed)
R. Gladstone end Co.
g acson, and Co. Rii.enlrFaßr.b.Toadcgkes on.
liorrocks, and
Co.
Itobert Smith and Co. B. Liebert.
Robert Gardner. Prescott, Brothers, and Co.
Samuel Mendel. Thou. Cardwell and Co.
Dareour and Brothers. Oswald Stevenson and Co.
John render and Co. J. A. Turner and Co.
George Fraser, Son, and CO.
As ree,„.ismative of the approval of the Australian authorities and corn-
et. ,-"3.---they have much satisfaction in adding the followi g extract
Of th,,et,ter received from Stuart Alexander Donaldson, Esq , Member
"El,` 14egiqtitive Council of the colony of New South Wales, dated
g VIET, 22d November, 1852 :"
ter thn lay place in council 1 have ever been a warm public advocmte
roll a advantages of steam—arid all I have ever said has gained ten-
ba, ,ree since the stupendous gold discovery' oreover. I
I%th edvocated this very Panama line—and I carted, on the
6,0007 August, by a tin-anion vote of the council, a public grant of
eoq.;. a Year to the first company that shill bring Sydney within a
Nnae of post of 120 dams with London. My original idea was all for
thatttt .t I generalised the motion to obtain unanimity ; and
anuma will first claim the bonus I feel quite sure. The gold
1853'Y the quickest boats. The quantity of gold to bet prodlucedt
be arid 1854 no human being can tell ;itis at presen neatyla
terftele 20,0a0,00n1. a-year. I atom e you I feel the greatest
n-
Th. d Your success, and great confidence that your line will pay. '
Aestr'satisfactory state of the present communication w.th the.
las,h'"tan Colonies, coupled with the strong feeling prevalent in
,stabit.°hr. the Panama route,: points to this as the only means left of
blree't'olug the shortest possible period of communication ; and the
theism,the demonstrations and experience of the nautical
rs of their Board from the assurances of the most successful
i'anam4„l,ders and engineers, and from arrangements formed at
then ?entertain no doubt that time passage can be accomplished in
lari,'"e stated, and that the course of post can be safely and regn-
ar.( reduced to about PLO days, including the interval between
), In and departure of the mails.
'elaea Ititslon, the Directors observe, that this Company, not bur-
desgatie' unsuitable ships, nor constrained to adopt unproductive
postal se'rvstierUft.y
_conefide_ntly anticipate the ultimate command of the
tine
Fottrei
irzlnaa feel assured that, after arranging moderate
ilint',„_PETssen'ingerys, specie, and freight—an ample margin fir
Tats
t TRUNK
LINE -
t r thee tfarges, insurance, and repairs and al.° a reserved fund
of ships and machinery-they are justified in
promises to realise a most remunera-
Thtleieallodn for shares to be made on or before the 20th August, to
Se ration at the Cotnpany's offices, 62, Moorgate-street ; to the
okers or
England. to the Agents of the National Provincial Bank of
4-41 Y, 1853.

Zzi ti.e A ..ustr FORM OF APPLICATION FOR SHARES. t
-..alian Direct Steam Navigation Company, via Panama.
„.
Shlarrequest you willlnacrotomraeted by
number of
shares, or any less num
Royal , harter.
„, es, of 25/. each, in the Company, and I engage to accept the
In..ares
suchlo to me, an such ay th'e deposit of 21. per share there-
,in manner and intime and place, as shall he appoinled
3" the Directors ()jibe Company for that purpose. And I further
e'llaggage to execute a deed of subscription, to the said Company, bind-
Myself to accept and pay for the shares allotted to me. and also
to execute the deed or deeds of ,ttlentent of the Company.
Dated this day of 1853.
Letters and notices to me mav be sent by post addressed :
Name .• .....Residence . ...• •• •• •• —•• ..
Pr,fessiun or trade ...... ...
Reference .......
* Tb(

two e of trAnsit across the Isthmus by rail will probably not
°Zeeedhours.
4,,t The title atsumed by this Company previous to the decision tl.at
'l2 Paddle -w "'eel should be adopted as the motive power.
4 "Melbowne, April, 1853 —Hitherto the consmunicatlen 1 y
steamrs, vb. the Cape of Clnod Hope, instead of proving a boon to
tilo Colonie ~ has been a serious detriment to business.
41 ~..
"41
ns_
abllViutent e arz anxiously looking—with our Eastern neighbours—for
ell of the Panama line."—Tirueo, July 4, 1853. - '