The Sun.
London, England, 1854-03-25 00:00:00

METROPOLITAN CATTLE MARKET.

Yesterday the first stone of the extensive range of build-
ings about to be erected in the area enclosed by the corpo-
ration, at Copenhagen-fields, for a cattle-market, was laid
by Henry Lowman Taylor, Esq., the chairman of the mar-
kets improvement committee. The building to be raised
upon this spot is for the banking-houses, clock tower, &c.
The members of the committee, of whom a large num-
ber were present, including Aldermen Humphery and Salo-
mons, having arrived upon the ground. Mr. Taylor com-
menced spreading the mortar upon the foundation intend-
ing to receive it. A plate set in a mahogany frame,
naming the market " The Metropolitan Cattle Market,"
and upon which was inscribed the names of the committee,
&c.. was laid upon the base, and an urn, containing the
ancient coins of the realm, having been placed thereon, the
stone was lowered' to its intended situation amidst the
cheers of the assembly. Deputy Harrison tested the accu-
racy of the work with the square, and Deputy Holt with
the level.

The ceremony having been gone through,
Mr. Taylor said, that as they had then finally completed
the first part of their labours with regard to the erection of
the New Metropolitan Cattle Market, he could not but
feel it to be a great compliment on the part of the mem-
bers of the corporation, in their having entrusted such an
important duty as that of that day to him. They had
been of opinion that it would have been better if the mar-
ket had not been removed from the City, but as the Go-
vernment had determined to remove it, and as the corpo-
ration was empowered to carry it out, he trusted that the
work in which they had been that day engaged would prove
for the benefit of the country at large. They intended to
carry out in all their integrity the intentions of the govern-
ment; and their hope was that they should be able to
make the New Metropolitan Cattle Market a pattern for
the whole world. It had been their desire to have laid
that stone in the most unostentatious manner possible,
but they found upon their arrival at the site that some
hundreds of persons had assembled, and this was a con-
vincing proof that deep interest was taken in their pro-
ceedings, and they were important, for the act they had
just performed involved the interest of thousands, and per-
haps millions of persons. The regulations for the manage-
ment of the market would be submitted to the Secretary
of State for approval ; they will be framed with deep con-
sideration, and with the view of promoting the conveni-
ence of the public. He hoped the undertaking would have
the good wishes of all present, and that they would join
him in giving three cheers for her Majesty the Queen.
The proposition met with a most enthusiastic reception.
Cheers were then given for " Mr. Taylor," " the New
Cattle Market," and " The Ladies ;" after which all par-
ties lefs the ground.

SOUTH-EASTEEN RAILWAY.

RESIGNATION OF MR. M‘GREG'OR

Mr. M'Gregor has addressel the foliowing letter to
the proprietors of the outh-Eastern Railway, resigning
his office of managing director :
`• London-bridge Terminus, South-Eastern
Railway, March 23.
. . .

" Gentlemen,—The recent vote of the proprietors having
had the result of removing me from the office of chairman
of the company, I have felt it to be my duty to the share-
holders to return the trust they had reposed in me as ma-
naging director, by placing nay resignation of that office
before my colleagues this day.
" I have so thoroughly learned from my long labours on
behalf of the company that the full usefulness to the com•
pany of that position can only be realised in connection
with the office of chairman, that I should be wholly unjus-
tified in keeping them separate, especially at a moment
when questions of the highest import regarding the policy
and conduct of the company have to be discussed.
"It is impossible that I could retire from a position of so
much responsibility without returning my most grateful
thanks for the confidence which has supported me under
circumstances of no ordinary difficulty, and of assuring you
of my unabated desire to promote the best interests of the
company.
" I have the honour to be, gentlemen,
" Your obedient faithful servant,
"J AMES 31`GREGOR."