The Sun.
London, England, 1853-09-13 00:00:00

LONDON, TUESDAY EVENING, SEPTEMBER 13, 1853.

,THE CHOLERA.-SANITARY MEASURES.

(From the Times. )

Of all, the sciences recently introduced to the
world, that which has received the least practical
attention is certainly sanitary science. It might,
we think, really be said, that during the five years
which have followed its nominal recognition it has
made no advances at all. The machinery for the
application of the theory has been devised, and
even brought partially into existence ; that is to
say, certain " Boards ' have been established with
functions presumed to bear upon this special work,
and some few towns, perhaps, may have been made
materially healthier than before. But, taking our
population altogether, and measuring by the mass,
we doubt whether the relative powers of pestilence
and science are very different from what they were
in 1849.

To some extent these results are probably due
to the extravagance with which theories of sanitary
reform were at first designed and promulgated.
Englishmen could not consent to be bound hand
and foot and delivered over to the discretion of a
Central Board ; and, when the terrors of the last
epidemic had passed away, resolutions of amend-
ment passed away too. But the chief obstacle to
the promotion of sanitary science lies, we sus-
pect, in the vulgar simplicity of the science itself.
It has no attractions of mystery, miracle, or
depth. It depends on no recondite formulce de-
duced from elaborate experiments. It requires no
itinerant demonstrators, with their apparatus and
displays • it can be taught in ten minutes, ana
practised as soon as taught. If its doctrines were
ascertainable only from the mouth of a "medium,'
or could be attributed by pious expositors to
" Satanic agency," they would probably have be-
come exceedingly fashionable, and controversy itself
would have aided to diffuse them. But, as it hap-

pens, they concern only the most common-place
observances, and are neglected accordingly. We are
simply told to clean out our cesspools, improve. and
extend our systems of drainage, admit the air of
heaven into our dwellings, and discontinue the in-
terment of the dead among the abodes of the living.
This is " sanitary science," and the very vulgarity
of its precepts robs them of their force. It is the
Scriptural story over again. If we had been bidden
to do some great thing we should doubtless have
done it, but we were merely directed to " wash,
and be clean !"

Yet nothing can exceed the certainty of the doc-
trine. Ordina;ry specifics are both fallible and par-
tial—not effective against many diseases, and not
always aganist any ; whereas there is no species of
epidemic against which common cleanliness cannot
be practised with success. Even the inscrutable
cholera, which seems to obey no laws but its own,
and to pursue its capricious course through all the
climates of the globe, is arrested and repulsed by

... .
these simple precautions. In many of its features
it baffles all the researches of medical skill, but at

his point its peculiarities cease. In other respects

it is a mystery, but here it becomes a common-place

disease.

We Cannot tell how its poison is piopa-

gated, how it acts, or how it is to -be neutralised,
but this we know for certain—that if we purify our

streets and our habitations it will either never Come

or will be easily expelled. Look at the resolutions
which we published yesterday as having been
taken at Newcastle-upon-Tyne, where this in-

sidious pestilence, following its ancient track,
seems to have once more appeared. What was it

agreed to do ? To establish some wonderful appa-
ratus and mechanism of scientific power ? No.
It was resolved " to stop the prevalent practice of

throwing nightsoil out of the windows-;" to per-
form the work of scavenging early in the morning,
instead of, "as at present," in the middle of the

day ; to prevent the sale of rotten fruit ;" to
" remove filth and nuisances," and to wash out
the dirtiest lanes. These, together with provisions
for medical and charitable aid, constituted the
" resolutions " of the authorities ; nor do we

imagine that any more sensible decisions could

have been adopted. But what does all this say for
the complicity of the case, and what must be the

condition of (‘ sanitary science" when such arrange-

ments remain still to le made ?

Anybody would imagine that the precautions we
have been urged to take against pestilence were
exceedingly disagreeable in themselves, and that
we were to be highly taxed in matters of every-day
convenience for this special insurance against dis-
ease. But, even if there were not such a visitation
to be apprehended as that of cholera, would there
be any harm in making our streets sweet and habit-
able ? Is it not a conclusion suggested by every
principle of decency and propriety that we should
find a better repository for the remains of the dead
than those crowded " yards " with which we
have surrounded our places of worship ? Do
we require to be threatened with the horrors of
a plague before we can be induced to supply our-
selves with pure water, and to turn this water to
its natural uses ? Should not all these things be
done from instinct, if not by reason ? The functions
of a " Board of Health " are really almost a stigma
upon our national civilisation. It is quite deplo-
rable to think that in this 19th century we should
require a special body of magistrates and officers to
enforce the observance of the commonest and most
necessary duties. Yet we see at Tynemouth that
the Local Board of Health has only just now re-
ceived permission from the authorities to begin
whitewashing and cleansing.
We are fortunately escaping from the most sickly
season of the year, and the colds of winter, which
are rarely very backward in this climate, will soon
succeed to the short sunshine of autumn. In fact
we have already passed the period at which, fouf
years ago, the epidemic attained its greatest
height. But experience has plainly taught us,
that the cholera is not a visitation recurring only at
intervals of 20 years, and never see again till after
the lapse of another such period. It has already lost
the character which deprived it of some of its terrors,
and we now see that it can localise itself as well in
Europeas in India. Since 1848, indeed, it has never
actually disappeared from the coasts of the Baltic,
and we believe that, if statistics could be obtained,
its operations would be detected in the northern
capitals from that time to the present. It raged
violently, though partially, in Prussia in 1850,
and was devastating Russia throughout the whole
of last year. Our own experience of the visitation
was mercifully confined to a few months, but other
countries have never entirely escaped it, and in
places where it finds its natural aliments of filth
and wretchedness, it may, perhaps, settle itself as
permanently as the plague in Cairo.
Exactly, however, in proportion as we have less
cause for alarm should we be more active in our
precautions. Our immunities, indeed, represent
so many advantages of position against a formid-
able enemy, and we shall be wanting in duty if we
omit to turn these to the best account. It cannot
be said that the work is arduous. We are called
upon to do nothing beyond what ought to be done
without any such call. To fortify ourselves
against a dangerous epidemic, we are merely re-
quired to put in execution the simplest rules of
social economy—rules, be it observed, which are
just as imperatively suggested by the ordinary con-
tingencies of life. It is riot only pestilence which
waits upon their infraction. Perhaps the cholera,
indeed, is less to be dreaded than those ordinary
diseases which do their work ceaselessly and in
secret. A new danger alarms us into temporary
wisdom, and we set our houses in order accordingly.
When it has passed we relapse into apathy and un-
cleanliness, forgetting that fever is always at our
sides, and that the precautions we neglect are
' preservatives against sickness in more shapes than
one.

DEATH FROM HTDROPHOBIA.---An old soldier, named
Quittau, of Malzeville, department of the Meurthe, bad
a dog to which he was much attached, because it had
several times saved his life. About eight days ago he
fancied that the poor animal appeared likely to be
stricken with hydrophobia, and he resolved to drown it.
Having taken it to a river, he removed the muzzle, and
it bit him in the leg. He paid no attention to the in-
jury, but in a few days after was attacked with hydro-
phobia, and, after much dreadful suffering, died.—
Galignani.
THE TEMPERANCE LEAGUE DEMONSTRATION.—The
London Temperance League held its third annual ga-
thering yesterday, at the Surrey Zoological Gardens.
A very large number of persons were assembled, and the
children of the " Band of Hope " marched to the gar-
dens, headed by a military band, and under the leader-
ship of Mr. J. B. Gough, a popular temperance lecturer,
from the United States. On arriving at the gardens a
large, but select band of teetotal choristers sung a
" Song of Welcome"—after which there was a brief ad-
dress from Mr. Gough. The company then dispersed to
amuse themselves with the usual recreations of the gar
dens, but collected again at four o'clock, when t.
"Bands of Hope" sang some airs, and a few boy ank
girl musicians and singers displayed some very preco•
cions acquirements, both in vocal and instrumental
music. Mr. Gough then delivered a very long and ani-
mated address, embracing all the topics and arguments
connected with total abstinence. The ordinary attrac
tions of the concert, fireworks, and storming of Chusan,
were then enjoyed heartily by a very crowded, but as
respectable and well ordered an assemblage, as conld be
met with anywhere. • ' ~. ,

ALLEGED MURDER OP A WIFE BY HER

HUSBAND.

James Hays, aged 35 years, an Irish labourer, in the
employ of Mr. Saint, a brickmaker, of Shepherd's-bush,
was yesterday placed in the dock of the Hammersmith
Police-court, before Mr. Beadon, charged on suspicion
of having caused the death of his wife, Elizabeth Hays,
by beating her about the head in a most brutal manner.
Long before the 'opening of the court, a large number
of persons, principally of the lower order of Irish, living
in the neighbourhood, including Men, women, and chil-
dren, had assembled in the road in front of the building,
for the purpose of seeing the prisoner brought from the
police station on Brook-green to the court to be examined,
and by the time the accused was expected there could
not have been less than 800 persons. Directly the pri-
soner was seen coming towards the court, in the custody
of several constables, the crowd commenced shouting
and yelling at, him, and if it had not been for a large
body of police of the T division, under the direction of
Inspector Cooke, violent hands would have been laid upon
the prisoner by some of the women, who cast upon him,
as he passed, all kinds of imprecations and threats ; and
to prevent any disturbance from taking place the ac-
cused was at once removed into the court, where be re-
mained until the night charges had been disposed of.
His countenance was exceedingly pale ; but, beyond
that, he displayed no signs of fear or contrition. About
three o'clock he was put into the dock, and the case was
then gone into.
Mr. Martin, a solicitor, who had been instructed on
behalf of the prosecution by the deceased's brother-in-
law, detailed the facts of the case, which will be found
in the subjoined evidence, and added that the prisoner
had not been living with his wife for some time past,
but had been cohabiting with another woman on Notting-
hill. The deceased had lived in Kensington, and was in
the habit of going over to her husband on Saturday
night to receive what money he • chose to allow her for
her maintenance. It was on one of those visits that the
deceased received such injuries from her husband that
caused her death on Sunday evening last.
The first witness examined was 'Thomas Taylor, a la-
bourer, also in the employ of Mr. Saint, who deposed
that about half-past eleven o'clock on Saturday night
last he was in Shepherd's Bush market with the prisoner
and his wife, and another man named George. He saw
the prisoner knock his wife down twice with his fist.
When she got up the second time she ran behind witness
for protection. He told her to go from behind him, as
he thought the prisoner might fancy he was harbouring
his wife, and would attack him. She then went away,
and the prisoner ran after her, and threatened with an
oath that he would kick out her brains. He kicked at
her several times, but witness believed he did not touch
her with his feet. The prisoner also declared that he
would do for her that night. The deceased ran through
the market, and the prisoner followed after her.
Mr. Beadon—Did you see anything more of them
that night ?
Serjeaut Lowe informed his worship that the witness
was locked up soon after for being drunk and riotous.
The witness, in answer to further questions, said the
prisoner was intoxicated at the time, but his wife was
quite sober. Witness heard the deceased ask her hus-
band trecome home, and he immediately struck her and
knocked her down.
Mr. Beadon --That was the answer, then, to her so-
licitation ?
The witness—Yes, sir.
the words he struck her.

Directly she made use of

Mr. Martin said, if the prisoner was remanded, he
should be able to produce a witness who would prove
hearing the prisoner threaten to do for his wife a week
ago.
The prisoner said he had no questions to ask the wit-
ness, but commenced telling his story of the transaction.
He was, however, stopped by his worship, who told him
he would hear anything he had to say after the witnes-
ses had been examined.
Edward George, a brick-maker, in the employ of Mr.
Saint, was next called, and he corroborated Taylor's
evidence in every particular.
The prisoner said his wife was blind drunk, and he
tried to get her home.
The two witnesses were recalled, and denied positively
that the deceased was in any way the worse for liquor.
George added to his testimony that he heard the wife
say "You had better leave me alone and go home.
The reason you don't leave me alone is because I have
asked you for some money."
Police-constable John Serle, No. 69, T. division, said
—About 20 minutes past one o'clock on Sunday morn-
ing I was on duty near Shepherd's Bush market, and
while standing close to the Royal Hotel I heard a noise
opposite where the ground has been dug out for the
foundations of some new buildings, as if some person
was scrambling up the bank. I thought it was the con.
stable on the beat, and I went across to the place to see
if it was him. It was very foggy at the time, and I
could scarcely see anything before me. I stood for a
minute, and not hearing anything, I got underneath
some railings and passed into the grounds. I then
listened, but could not hear or see anybody, I then
turned on my lantern, and after walking about 12 yards
I saw the prisoner standing in front of me. I asked
him what he did there, and he replied with an oath,
" What business is that to you ?" He appeared stupe-
fied at the time, and seemed to tremble very mach,
which I attributed to his having been lying down in the
cold. He then turned his face to the spot where the
deceased was afterwards found, and continued standing
for a short time looking in the same direction. I told
him that he must leave the place, as he had no business
there, and I pointed to a spot where he could get out.
I then walked a few paces, thinking he was following
me, but on turning round I found that he had not
moved from the place. I then went back to him, and
saw that he had gone further down, which was nearer
to the place where the deceased was afterwards found,
and I told him that if he did not quit the place I
should be compelled to lock him up. He sighed, and
shivered a good deal, which I still attributed to the fog
and cold. He then went away, and I did not see him
return. I stood a short time about the place, and not
hearing any noise, and thinking the prisoner had gone
off, I came away, and heard nothing more until the
deceased was found in the morning. She was discovered
in one of the holes in the ground which had been
thrown up for the foundation of a house, within six
yards from the place where I saw the prisoner stand-
ing. If it had not been so foggy I must hake seen the
deceased.
Mr. Beadon (to the prisoner)--Do you wish to ask
the constable any question ?
The prisoner—lf I was there I don't recollect it.
James Tarling, police-constable, No. 264 T, said—
Shortly after six o'clock on Sunday morning I was
about going on duty, when I bad my attention called to
a field where foundations had been dug for some new
house near the Royal Hotel, by some women, who told
me a female was lying in ono of the holes apparently
lifeless. I went to the spot and found the deceased
quite insensible, and vomiting very much from the
mouth. She was lying upon her cheek, which was very
much bruised and swollen. I turned her over, and she
then tried to open her eyes. She managed to open one,
but the other she was quite unable to open in conse-
quence of it being so much swollen. I obtained the
stretcher, and with the assistance of another officer we
removed her to the station at Brook-green. I remained
with her until five o'clock in the afternoon, and during
the whole time she never spoke. She was then re-
moved to the house occ up ied by her brother-in-law in
Brook-green-place, and I understand she died within
five minutes afterwards.
Edward Lines, the brother-in-law of the deceased,
said, about three o'clock on Sunday afternoon, in con-
sequence of the information he had received, he went
after the prisoner and saw him in Shepherd's Bush. He
told him the state his wife was in at the station, and he
replied, " Thank God, he had nothing to do with it, for
he had not seen her since eight o'clock the previous
night." The prisoner also said, " She was then very
drunk, and he persuaded her to go home."
Mr. John Brown, a surgeon, stated that he first saw
the deceased shortly after 7 o'clock on Sunday morning.
She was then in a state of collapse, being cold and quite
insensible. He did not at that time form any opinion as
to whether she would recover, but when he saw her at
half-past ten o'clock he thought she would not recover.
He could not state the cause of her insensibility, as it
might have been produced from drink or from a blow.
She appeared to have received a violent blow on the right
eye, and also on the lower jaw. The face was very much
swollen, and it seemed to him that the ball of the right
eye had been struck. It must have been done by some
round instrument, or by the fist of a man. He should
be able to discover the cause of death upon a post-mortem
examination of the body.
Mr. Beadon inquired if the coroner had been written
to, as it was necessary to have a post-mortem examina-
tion
Inspector Cooke believed the beadle had forwarded
the necessary information.
Mr. Beadon then alluded to the state of the law, which
prohibited him from ordering a post-mortem examination,
although he had the accused in custody, and giving the
power to the coroner to order an
a exami
innatith on to be made
when his proceedings were all taken e absence of
the person charged.
risoner was taken into cus-
Tarling said, when the p
tody he said if she (the deceased) got drunk and knocked
herself about with a brick, he could not help it.
Mr. Beadon said he should remand the prisoner for a
week, and in the interim a coroner s inquest would no
doubt be held on the body, and if there was any fresh
evidence it could then be heard, and by that time the
cause of death would be known.
The prisoner was then removed,
with the and upon the van
again met shouts and
leaving the court he was ag
yells of the crowd who remained outsie th
he I until its departure for the Rouse of Detedntione building

CHURCH RATES AT STOCETON-ON-TEES.—In the Holy
Trinity district of this town, a church rate, recently'.
proposed, has, on an appeal to the parishioners, been
negatived by a very lafge insj ority—tTh.n:: Il!numbers being
for the rate 54, against it
.191. subject ba.,
created great excitement in the town, and the result
of the contest has been hailed as a great victory by a
considerable portion of the inhabitants.

RAIL WAY INTELLIGENCE.

MADRAS.

A special meeting of this company was held yesterday
at the London Tavern, Colonel D. Sim in the chair.

The report congratulated the proprietors on the very
favourable position and prospects of the undertaking.
It stated that an arrangement had been provisionally
entered into with the East India Company for continu-
ing the railway from Madras to the Western coast, a
distance of about 400 miles, with branch lines to Banga-
lore and the foot of the Neilgherry-hills. A correspond-
ence between the East India Company and the Board
of Directors explains the terms of the new arrangement,
and that 41 per cent. is guaranteed on the additional
capital required to continue the railway to the western
coast, estimated at 3,500,0001., as has already been
guaranteed on the sum (500,0001.) required to execute
the original or experimental line, the terms being in all
respects the same. From the correspondence it appears
that surveys are proceeding for another line, branching
off from the main line and passing through Cuddapah
and Bellary towards Poonah, to complete a line of rail-
way from Madras to Bombay. The directors are of
opinion
that the first-mentioned railway, with its two
branches, may be completed within 5 years from next
January, and that two portions of it—viz., from Madras
to Va,niembady, a distance of 120 miles, and from the
terminus on the western coast towards Coimbatore,
another distance of 80 or 100 miles, may be bronght
into a profitably-working state at a much earlior
period. The line of country through which the rail-
way will pass is said to be generally favourable. It is
particularly so from Madras to Vaniembady, and on the
westerncoast the country has a moderate rise towards
Coimbatore, through the great break or chasm in the
Western Ghauts, at Palghat, of about 1,000 feet in 55
or 60 miles, but so uniform and regular throughout that
to the eye it appears almost level. From Palghat it
again falls about 500 feet to the river Cauvery, and
thence continues moderately favourable to Salem. The
only obstacles of consequence to be anticipated are met
with between Vaniembady and Salem, and between
Vaniembady and Bangalore, where there are mountain
Thereas tabree
a severaliiaur andrivers
cu
Cauvery
ery con-
siderable
;
but these cannot be considered very formidable obstacles
passes to
size betraversed.tob e cro sse d,
in a country where the construction of bridges is well
understood, and where many fine bridges have already
been built. It appears that the East India Company
consider it highly desirable that works should be
commenced at various points, a view to the early
completion of the main line between the eastern and
western coasts. The report goes on to state, that " the
railway thus proposed will, when completed, connect
the east and west coasts of the peninsula of India,
opening up large tracts of rich and productive
country, and passing near the military stations of
Arcdt and Vellore and the Neilgherry-hills, with a
branch line to the large military station of Bangalore.
Its value in a military and political point of view will
be very great, and its advantages for commercial pur-
poses of the first importance. The monsoons, or stormy
seasons, during which ships cannot approach the land
without considerable danger, occur at different periods
of the year on the east and west coasts of India ; so that
during the season when storms prevail on one coast the
weather is fine on the other. A railway, therefore,
which connects the two coasts must be of immense value
to commerce, by providing a means of communication
between the interior of the country and an open port on
one side or other of the peninsula throughout the year.
The traffic on the line is already large, and will no doubt
rapidly increase with the facilities and stimulus which
railway communication never fails to give to the deve-
lopment of the resources of every country into which it
is introduced. In order as far as possible to give effect
at the earliest period to the arrangements for the con-
tinuation of the line, the board propose immediately to
raise the further capital of 500,0001. sterling, authorised
by the company's deed of settlement, by the creation and
issue of 25,000 shares of 201. each, of which an option of
allotment will be given to the holders of original stock
in the company in the proportion of one new for one
original share. A deposit of 21. will be required to be
paid on allotment of the new shares, and the remainder
will be called up as arranged with the East India Com-
pany, in the proportion of about 25 per cent., or Si. per
share per annum. In order further to carry out the
arrangements with the East India Company, an act of
Parliament will be necessary in the next session to in-
crease the capital of the company, and confer the neces-
sary powers for giving effect to the objects contem-
plated."
The CHAIRMAN, in moving the adoption of the report,
said it contained a long correspondence that fully de-
tailed the objects they had in view respecting the exten-
sion of the line, and the terms upon which the capital
was to be raised. The first section of the line from Ma-
dras to Menil, now in course of construction, was 50
miles in length, and there could be no doubt that the
prolongation of it would be very advantageous to the
company. The line from Madras to the western coast
would be about 400 miles in length; and they would re-
collect that, from the commencement of the undertaking,
they expected that the first section would be gradually
prolonged into the interior, but they did not anticipate
that they would have been called upon at so early a
period to consider the expediency of the measure.
There could be but one opinion on the subject—that
railways must be long to be remunerative. The places
they were to accommodate had no outlet in consequence
of the bad roads, and therefore the resources of these
districts remained undeveloped. The extension of the
railway would produce important results in a military,
political, and commercial point of view. The East India
Company were desirous of affording them every facility
to carry out the undertaking; they gave the company the
land for..nothimg, and guaranteed the proprietors 41 per
cent. per annum on their outlay. The line would open up
the interior where there were no roads at present, and
would connect the military stations of Arcot and Vellore
with Bangalore and the east and west coasts. It was known
to every one who had resided in India that there were
two monsoons or stormy seasons in the course of the
year. The north-east monsoon commenced in October,
and ended in December, during which time vessels could
not approach the east coast, while at the same time the
weather on the west coast was very fine. The western
monsoon commenced in May or June and ended in Sep-
tember, and in like manner the ships could not approach
the western coast, while they could easily approach the
east coast. The railway stretching from coast to coast
would therefore be of great value, not only in a political
but in a commercial point of view. The cost of the line
from Madras to the western coast, with branches to
Bangalore and the foot of the Neilgherry-hills, would be
4,000,0001., including the 500,0001. for the first section,
upon which the same amount would be guaranteed—
namely, 4i per cent. per annum. To raise the capital
they proposed, in the first instance, to issue one new
share for each share now held in the company. to make
up the capital to 1,000,0001., which was the 'amount
authorised by Parliament. Before they could raise the
remainder of the capital it would be necessary to obtain
a new act, which they would apply for in the ensuing
session, and, on obtaining it, they would issue to the
proprietors six new shares for every one now held by
them. He then moved a resolution to the effect that
the report be received and adopted, and that the direc-
tors be requested to carry out the objects mentioned
therein.

Mr. ARBUTHNOT seconded the motion.
Major COURT said, there was no doubt of the politica
importance of the railway, and, although it was intended
to pass through military stations, it did not appear that
it would pass through any large manufacturing towns.
It was from the latter that a large traffic could be ex-
pected. The only object of the line in this respect was
the transmission of raw produce to the east and west
coasts. He thought they ought to have had some
statistics with regard to the expected traffic. The ques-
tion was, whether the guarantee of the East India Com-
pany of 41 per cent. was a sufficient assurance to the
shareholders that they would have a fair return on their
outlay. He believed the line had not been surveyed,
and therefore it was impossible for them to say what
would be the cost of it, or whether the guarantee would
cover the expenditure. They might also compromise the
company by entering into a contract to make the line in
five years, before they knew what works they would
have to construct. He believed the guarantee was for a
period of 25 years, and the length of the railway and
branches would be 520 miles. If they did not make it
in five years the guarantee would be worth nothing.
The CHAIRMAN said, that the country had been sur-
veyed, but the surveys of the line of railway. were not
yet finished. They had stated it as their opinion that
the line could be completed in five years, but they were
not bound to construct it in that time. The contract
had not been entered into, and the guarantee was for 99
years, and would extend to the whole of their outlay.
Major COURT said, the shareholders ought to have had
a copy of the contract with the East India Company
submitted to them for their consideration, to show
whether the guarantee included the whole expense of
the undertaking.
The CHAIRMAN said that the document relating to
the contract was of considerable length, and the share-
holders could see it at the office.
Major COURT preferred having a copy of it to enclose
with his shares, so that he might see at any time the
conditions upon which they were guaranteed.
Mr. J. M. PARSONS thought it a mostinjudicious
time to propose any addition to their capital. They pro-
posed in the first instance to double the capital of the
shareholders, and afterwards to increase it eightfold. He
thought the original line would give them an adequate
return, but it was very doubtful whether the extension
and branches would yield sufficient to pay interest on
the outlay. Looking at the present state of the money-
market, he thought the proposal, if carried out, would
be a deathblow to the undertaking. Instead of an in-
crease in the capital being an advantage it would be al
great disadvantage. During the past eight months
and
He the
Bank of England had doubled its rate o f interest,
it was likely to be further increased.concluded,
notblex
and
pdb ey
moving an amendment to the effect that it was
dient at the present time to raise further capital
that the proposal of the East India Company
ferred to some future time for consideration.
e e".
The CHAIRMAN bald, he quit&
agreed that the present
moment was not the time to raise large capital, but a
certain proposal had been made to them of vital impor-
tance to their undertaking, and if they did not accept it
there was another company ready co undertake what