The Sun.
London, England, 1853-08-13 00:00:00

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and 300,0001. He was informed that the engines
zeta Crewe had been tested, and that they had been found
competent to perform the most difficult duty with equal
certainty and exactitude with the larger engines expressly
constructed at Wolverton. If that were 9',), and if the
Crewe engines could be worked at 30 per cent. less than
the others, he thought the directors should pause before
they persevered in the construction of large and expensive
engines. There might be objections to publishing the de-
tails of the establishments in question ; but he suggested
that the auditors should be instructed to inquire, and to
report at the next meeting of proprietors, whether there
was any difference whatever between the systems adopted
at the two establishments, and, if so, whether any advan-
tage might be obtained by introducing the best plan, which-
ever that might be, into the whole system.
Dir. PITH agreed with the last speaker in what he had
broadan arrangementa d
gauge
au ge
w a g
said with respect to the locomotives ; but suggested that
the best persons to make such a report would be, not
the auditors, but the directors themselves. (Hear, hear.)
With regard to the competition with the Great Western
Company, he was of opinion that the day had come when
oaf anamtioonstalboeunregfiec.ialuichaearra,catenrd
come to between the North-Western, the Midland, and the
South-Western, for he had arrived at the conclusion at
which his friend Mr. Locke had arrived long ago, that the
He was of opinion that the broadshouldput gauge be an
end to at once, and he was informed that the
whole of it
might be taken-up-at a cost of 1,000,0001. However,he
would do no injustice to the Great W ©stern proprietors,
but would pay them off.
Mr. GLYN, M.P., said that the figures which Mr. Locke
had mentioned would not be found to be accurate.. Kno-
wing the weight, however, which attached to the opinion of
might
ahntg hb.e)
so practical a man as his hon. friend, who was so well
qualified to give an opinion upon such a subject, he en-
treated him to allow the question to stand over for the
present, upon his (Mr. Glyn's) assurance that the whOle
subject was now receiving the most minute and careful in-
vestigation on the part of the joint committee who man-
aged the locomotive department, and who had called in
the assistance of two very able engineers, uott immediately
connected with the company. There was a difference, un-
doubtedly, between the cost of the locomotive power on
the northern division and on the southern, but it was no-
thing like the extent which had been stated. (Hear.)
After a few words from Mr. EARLE,
Mr. LOCKE said that he was perfectly ready, after the
statement which had been made by Mr. Glyn, to leave the
matter in the hands of the directors. (Hear.)
The motion for the adoption of the report was then
agreed to.
A rescaution, declaring a dividend of 24 per cent. for the
half-year ; another, approving the heads of an agreement,
dated 10th of July last, with the West London Company ;
and another sanctioning the purchase of eight shares re-
L mining outstanding in the Coventry, Nuneaton, Birming.
L ham, and Leicester Railway, were also agreed to.
• The Audit Committee for the ensuing year was ap-
pointed, and the meeting was about to adjourn, when
Sir C. SMITH moved that a committee should be formed
to consider if any and what mark of respect should be paid
to the Chairman upon his retirement from that onerous
and responsible post.
Mr. LOCKE recommended that the subject should be left
to the consideration of the directors, feeling certain that
anything • which they might propose would most readily
and cheerfully be assented to by the proprietors.
This recommendation appeared to be adopted, and, after
a few words of acknowledgment from the Chairman, the
meeting broke up.

rpmeE SD.

within -their grasp. (Hear, hear.) The ditectors of this
company had always expressed their sincere desire to
come to an arrangement with respect to the carrying of
traffic to any common point. They had made the Great
Western directors now a similar proposition to that which
they had made before. He hoped that they would accept
it, but he really was afraid that they would not. Their
answer had not yet been received ; but if they did he
should be extremely glad, because the present competition
was ruinous to all parties, and he was perfectly satisfied
that they would experiecce immense benefit from it if they
could come to the understanding to carry at equal charges •
to all points common to the two lines. With respect to
the Shrewsbury and Chester and the Shrewsbury and Bir-
mingham
he was much disinclined to say one word. He
did not think that they stood high in public estimation at
this moment. The facts were before the proprietors, and
they were as able to judge as he. Those companies had
respect to them. The directors of this company had
hlnaeotteslhymo;u dbaeubtae thevs
oerrya,
tptlteehraesiwr pleasing
therefore,
wpt eo au
lir ab
say
re a
insvi
ebeforesli
gwtahtoiero public
always been of one opinion, and had always been anxious
to support the proprietors, because they believed that the
proprietors of those companies supported their true in-
terests. They knew that the Shrewsbury and Birming-
ham was in alliance with this company when it started,
and that it had nothing whatever to do with the Great
Western—that it was, in fact, under the wing of the
sNt North-Western—that trh Valley—that W ei snt e n
their— t hwaefai
stationstteta
s,
the
thbai atenee nvcc
position
oomtri
shto. permissioniseeutaita
wpartneroWolverhampton
e r htwao run
hpot
the
over vae
a theallorth-
Westernt
He
mbswty
That
hrhnhit
asts
torbeecorspoout
nrtnoihntnmeer
country
ht
withodeenii
rrwe theatt
sohirnenstouwe prosperitytrwt
nea before
st alliance
twseofithrough
emadoitucpuhnneageognhiShrewsbury,dttyhhth.oiih nsui er
nggsH principalhebta etauot nttttaefdhkot rhma
itemst. thata
(Hear,
nawr
iahs
he
et
report,
ahr the
hadulegitimatet
everythingss
d
wmbdeuiietgrihnhntftgohrece
hdil
theanhos itfhmdyhi
deepest
efmarpproeo.
ins flatteringoCtewheeipherehaebh opinionei
hsena leowbesouoioohs:lnucteidn6 andthe
htcpohtaide connected
nbodiee
nowd
saU o f
the
severed. Still, he should look to all the intelligence which
eager-
ness to see how their affairs were progressing, and he hoped
that some day or other, when he returned to this country
he should have the opportunity of resuming his connexion
with the company. Nothing, he assured them, could give
him greater pleasure or satisfaction. (Hear, hear.) In
conclusion, the gallant chairman expressed the obligations
which he felt to his brother directors and the vice chair-
man, to the whole of the officers of the company, and to
the proprietors, for the unvarying courtesy and assistance
which, severally and collectively, he had experienced at
their hands. _