The Sun.
London, England, 1853-04-13 00:00:00

STEAM TO AIISTR&LIA.

GENERAL SCREW STEAM SHIPPING
COMPANY.
gsZYTioX IlramEvr, That this Company's Auxiliary Iron
Co." W Steam-ship ARGO, 1,850 tons, George Hyde, Commander, will
i" Southampton for PORT PHILIP and SYDNEY on N EDNES-
AY, the 4th of May next.
The accommodation is of a superior descrip' ion, and the cabins are
I°ll7 furnished. The rates of passage money—After akin, first
11,8%80/. ; Fore Cabin, second class, 50/. These rates are exclusive
of Trines, beer, and spirituous liquors, which, however, may be had
board at moderate prices. The ship will carry an experienced
-.lBeon.
A
Pplicatfons for passage to be made at the Company's Offices, 2,
IrYal Exchange-buildings; and for freight end parcLls, to Messrs.
j3alibu.r, Laming, and Owen, 16, St. Mary-axe

.-,
ISE OFFICE, in Old Broad-street, FOR
poe XSCA:E.--Tct be SOLD, by TENDER, h, order of the Com-
. oners of Inland Revenue, in several Lot', or, if an rtdequ•r;,c
be offered, in One Lot, all those extensive, vain able, and highly
t
et Ctant FREEHOLD PREMISES in Old Broad sire t,. in the city
~,,,,,,nl,don, known- for many years as ilia, ' - ' BE-9.1.F1C1., an t,
...--e.'_uuY, as the Inlalkd Revenue-office; ‘: the elegant and
substantial stone b?,ildiog fronting OM Broad-stiect,"zud the spacious
`gee_ s and inclosed yard contiguous, in the rear, with a carriage-way
eprsa, Dee from Bishopsgate-street, all of which Ii we been for the last
I'lY Years vested in the Crowr, and used for the p rposes of the
heed evenue.
T
Ilty st importance of this property, in regard as well to its loca-
ss_u as its extent, is of the highest chancter. The immediate tieigh-
.4:hood of the Royal Exchange, the Bank of England, the Stock
hange, the Auction Mart, and till numerous other public and pri-
vate„_ establishments for business, renders its value peculiar; and no
2Portunit, of acquiring a site in the city of London, in any degree
approximating that now offered, will probably seam present itzelf.
>n
tinted particulars and conditions of sale, with a form of tender,
MY be obtained at the offices of the Secretary, and the Solicitor, f
u•._.arnd Revenue, Somerset-house; and of William Herbert, Esq ,the
"I"._do's Surveyor of Buildings, on the premises, in Old Broad-street.
All tenders to be delivered on or before the T,th Aprd next.
Inland Revenue, Somerset-house, 31st March, 1853.
----.._

RTISTS' GENERAL BENEVOLENT
INSTITUTION,
For the Relief of Decayed Artists, their Widows and Orphan;.
14% Instituted 1814.
rP°rated by Royal Charter, 1842, under the immediate protection
of her Most Excellent Majesty the QUE
PoltoN.—His Royal Highness PRINCE ALBERT, K.G.
CR NS.
1118 Grace the Duke of B PATR
VICE
RiOght Hon. Earl of Dartmouth
clench
Rit Hon. Earl de Gre
nbi Grace the Duke of De'vo2- Right Hen. Earl of Ellesmere
Right Hon. Lord Lyndhurst'
his (}ha tit; Duke of. Sather- Sir John SN.inburne, Bart.
Joseph Neel& Esq., M P.
31,,05t Noble the MarcNis of Lans- J es.e Watts Ruszell, Esq.
uOurne

The No '
PRs'DENT—Sir Charles Lock Eastlake, P.R A.
Nifty, Friends, and Subscribers are respectfully informed
"t, the THIRTY-EIGHTH ANNIVERSARY FESTIVAL will be
Celebrated in Freemason's Hall, on SATURDAY, the 16th of April,
The Right Ron. the EARL GRANVILLE in the Chair.

&SM.
Henry Graves, Esq.
Loula Haghe, Esq
Samuel Carter 11:111, Esq.
Robert George Kelly, Lsl.
Thomas AI. Mesgrave, Esq
Edmund J. Nlemann, Esq.
John Philip, Esq.
C. J Richardson, Esq.
Cha•les Rolt, Esq.
J. Sant, Esq.
George Virtue, Esq.

STEW,

kr, chard Andsell, Esq.
Arinfield, Esq.
TintubreY Bezzi, Esq.
B°x-all, Esq., A R.A.
rbornkh lirockedou, Esq.
1%1,418 S• Cafe, Esq.
A. (rj Crowley, Esq. R.A.A.
Eden raut De Vilma. Esq.
lienr
Goodall, Upton Eddis, Esq.
l'airer. jun., Esq.
rrecierick 9lals, Esq.
Esq., A.R.A. 1
Ticket Dinner on Table at Six precisely.
Lig s, 1/. S. each, to be 11,d of the Stewardi ;of Willem Nicol,
Honorary -.7 45, Great Co ram.str Secretary, 60, Pail-all ;ani of the Assistant Secre-
eet, Russemll-square.
WILT.IABI JOHN ROPER, Assistant Secretary.
LAI)T-

'DIES of DELICATE COMPLEXION, who
immediate and staffer from exposure to cold winds and damp atmosphere, will
soothing relief in the application of
ROWLANDS' KALY DOR.
This nal
tress"
l of
que Botanical Preparation allays all irritation rnd tender-
the skin, removes cutaneous disfigurements, free les, and tan,
anda aPtlf ta a healthy and blooming appearat,ce to the complexion,
Veranto and softness neck, hands, ald arms. Per.e-
else . it, application promotes a free r.rki unint .rrupted exi r-
.L those important 'unctions o: the skin. to essential for the
preservation of health, and the attainmen"; and continuance of a*
Dea Mind complexion.
Gentlemen, after shavin Y, will also find it allay the irritability and
darting pain, and renter the skin i.o;t, smooth, and pleasant.
Its purifying and refreshing pr s have obtained is selection
I.o' Royalty, and the several Courts throu,Thout Europe, together
Vrith the " elite" et the Aristocracy.--price 4s. 6d. and Bs. Gd. per
bottle.
CAUTION.—The words " Rowlands' Kalydor " are on the wrapper,
and "A Rowland and Sons, 20, Hatton-garden, London," on the
Government Stamp, affixed on each bottle. Sold by them, and by
Chemists and Perfumers.

THE GRAND TRUNK RAILWAY
COMPANY OF CANADA.

DIRECTORS IN LONDON

.‘ gents of the province of Canada,
~1101rts Daring, Esq., M.P. an I Directors of the Company, on
'"rite Carr Glyn, Esq., M.P. belt alfof the Canadian Government
tnry Wollaston Blake, Esq.
xtrbert AVCalmont, Esq.
Innau Dariel Hodgson, Esq.
dermas W. Thompson, M.P.

NORTH OF SPAIN RAILWAY.
Bayonne, t run, St. Sebastian, Tolosa, Bilboa, Vitoria, Miranda,
Isriviesca, Burgcs. Palencia, VABetio:id, Avila, L'Escurial, Madrid.
Capital 29,925,000 piastres, 315,000 shares of 95 Oasts es each for
Spain, 100 francs for France, or 201. for England. Deposit 19 piastres
In Spain, 100 f ants in France, or 41. in England. One fifth of the
capital has been subscribed in Spain, two-fifths in France, and two-
fifths remtia ter appropriation in England.
President—The Duke Pe Riansates.
Bankers in Paris—Messrs. Rothschild, Paris.
Bankers in London—Messrs. Ai asterman, Peters, and Co.; the
London and County Bank.
Bankers in Bordeaux—Messrs. Ezpeleta et FITS.
Agents in London—Messrs. C. Devaux and Co., 62, King William-
street, City ; to a horn applications for shares may be made.
The North of Spain Railway is about 685 kilometres, or 427 miles
long, including the branch to the port or Bilboa.
The projerlors have already obtained the concession for 99 years,
of the Spanish portion, which traverses a distance of 650 ki ometrcs,
or 405 miles. They have paid 750,000 piastres (157,0001.), the elution
money, and they are in actual treaty with the French Government
for the section Iron Bayonne to the Spanish frontier ; the length of
which is oily 35 kilometres, or 21 miles.
The Spanish Government guarantees to the Company, on a maxi-
mum capital of 30,000.000,plastres (6,315,7891.), a mnrmum interest
of 7 per cent., inc tiding 1 per cen,.. to be applied to a sinking fund.
The provinces and corn. lines traversed by this railway, as well as
the contiguous provinces and communes, have agreed to share with

the ov.rnmeiit the responsib lity of this guarantee.
he Spanish Government, perceiving the great advantaze which
must result to the public revenge by th t encouragement of railways,
which • evelop the various sources a national wealth, have faithfu ly
adhered to the guarantees they have given; and even in cases where
companies have not been able to perform their engagements, the
Go ernm nt has returned to such cinnp.mi,s, whither naive or
lorLign' the en, ire sums paid as cant onary deposit.
In cycler to s,cure to-the shareholders in the North of Spain Rail-
way the fu'l value of the guarantee of 6 per cent., and 1 per cent.

sinking fund, a general contract has seen ;heady Made for the pur-
chas, of the land, the con-truci ion of the whole line, and for rolling
sto .k, plant, &c., according to the requirements or the Government,
at a price within the guaranteed capital. 'She contractor has depo-
sited 500,000 piastres o- 1t5,11.31., as a guarantee for thp due fulfil-
ment of the contract, and is to leave 5 per cent. out of each certific te
in tit,: hands of the drectors as a further security, until such reserves
sha:l amount to the sum depoAted. _ .

--.—.... -
'1 he cent, act rrice cove s all expenses incurred in surveys and
otherwise up to th, present time, and leaves a Lund of about 10 p.T
c, nt. of the capit din the hands of the directors, to meet the general
expenses of the undertaking, and to pay interest at the tate of 5 per
cent. p r annum to the shareholders during the course of construc-
tion.

The North of Spain Railway connects Madrid with several provin-
cial chief towns, forming i,oins o convergence of vat ion high
such as Witor.a, where -even me-t. Burgos, Valladolid, and Avila,
of e Also the centres of similar streams of traffic.

The North of S,ain Railway traversk s most important industrial
districts, ,uch aM th, provinces of Bt.cay, Gsipuzcoa, and Alava. it
runs also through districts rich in wools, wines, and corn—districts
producing much more than they c.n either consume, or at present,
export ; and which, to gain access to the home and forecgn markets,
need only those facilities of economical transport which this railway

The No'th of Spain Railway will. Establish a thorough communi-
cation between the Atlantic and the Mediterranean. Starting
irom Bayonne and Biboa it will proceed through Iran, St. Sebastian,
To osa, and Vito la to Miranda .At Miranda it reaches the river
Ebro, which is now being canal's& down to the port of Alfaques,
on the shores of the ‘t(diterranean. At Madrid also it will be placed
in communication with the great line of railway now in course of
constru :won between the capital and Valencia.
Another very important feature of tlrs great undertaking is that
at Valladolid it will reach the river Douro, which runs to Ow to ;
and lastly. at Madrid, it wilt be brought into conneNion with the
Arai juez Rail'cay, which w It be contioued first to Badajoz to m et
the Portuguese line to Lisbon, next to Cordova, and thence to
Seville and Cadiz.

To estimate the advantages which such data promise to the North
of Spain Railway, the distinction bAween :parish, English, and
French railways niu-t be kept in view.
First,—The cost of construction is greater in England or France,
because land is of a higher value than in Spain. Labour is much
dearer in England and in France than in Spain. Rails aso and
engines bear in France a pace somewhat extravagantly high, in
consequence of the protection given to home industry, whi st into
Spain they are imported from England free of duty..
Secondly, —The return trout railways in England or France arc of
much slower development than in Spain, because in the former
countries railways h we to compote wills already existing and long
established meats of conveyance, whilst in Spain railway:, from the
moment of opening, absorb the o hole of the trait
The returns are less profitable in England and France than in
Span, because they can be secnred only by inceisant reductions
upon the tariffs of the numerous competing means of transport ;
whi et in Spain the tariffs will, to a certainty, be largely remune-
rative, sines they can reasonably be fixed at 50, 100, and even 200
per cent above the Engl sh au t French tariffs, ant still remain
much cheaper than the old means of transport, and be accordingly
appreciated.
These ills inctlons are well founded, and have received confirma-
tion from the results of all the exisdng railways in Spain ; hence
the Railway Company from Valencia to Aleira has eon compelled,

. _
alter a few months' traffic, to double the rolling stock, which had
been estimated sufficient for several yell's. Upon the line from
Langreo, in the Asturias, the exorbitant tatilr of 2) centimes per
kilometre and per ton sudiettl to put down all competing mean* of
transporting the coal of the basin of mama to the port of Gijon ; and,
lastly, the line from Madrid to Atanjuez, on:y 51 kilometres long,
and which runs to no cetitru of production or coinmeree, hat in
1852, the first year of its working, a truffle of 3000,00 passengers,
and 110,000 tons of mere
'the estimates of the receipts to be expected from this lino have
been trained under the special superintendence of the provincial,
consular, and municipal corporations of Biscay, end establish upon
the existing traffic an immed.tve return of 5,150,000 plastics, or
1,014 ,210/., which, after deducting 45 per cent. for working ex-
i•esses, leaves a net profit upon the capital 01 the Company of 10
per cent. This ertimate, however, is wholly irrespective (.4 the
crease which improved means or transport invariably ensures.

The Board of Direction will be nominated in the statutes of the
eQuipany, and will consist of ci4ht Spanish, four French, and tin ee
English Directors. Three French Directors have been appointed,
viz.:—

M. Ardouin, banker, Paris,
M. De Grimaldi, Paris, and
M De Ezpeleta, Pails and Bordeaux.
London, April 9, 1853.

FORM OF APTLICATION FOR SHARES.
r orth of Spain hallway Company.
_ _

To Messrs. C. Devaux- and Ca.

Gentlemen, —I request you to allot me shares in the above
undertakim, and I hereby agree to accept the said shares, or any
less number you may kllot ma, and to pay the sum of 41. on each
share ahotte I, at the time to be specified in your letter of allotment.
Dated this day of 185
Name in fu11...
Re • 'deuce
• • ..

APPETITE AND DIGESTION IMPROVED.
LEA and PERRINS' WORCESTERSHIRE
SAUCE imparts the most exquisite relish to Steaks, Chops,
and all Roast Meat Civvies, Fish, Game, Soup, Curries, and Salad,
and by its tt nic and invigora.ing properties enables the stomach to
perfectly dige t the food.
The daily useof this aromatic and delicious Sauce is the best safe-
guard to health.
Sold by the proprietors, Lca and Perrins, 19, Fenchurch-street,
London, and 64, Broad-street, Worcester; also by Messrs. Barclay
and Sons, Messrs Cresse and Blackwell, and other oilmen and mer
chants, London ; and generally by the p; incipal dealers in sauce.
N.B.—To guard against imitations, see that the names of " EAL
nd PERRINS" are upon the label and patent cap of tha bottle.