The Sun.
London, England, 1836-04-13 00:00:00

Laxton, Esq.

SEeßETAnar—George brown, Esq.
The Country Committee is forming, and will be announced, with
plans showing the line of railway, in forthcoming prospectuses.
In a commercial point of view this Railway will be most impor-
tant, as it will offer such facilities for, the conveyance of goods to
and from the producing county of Hereford, and the manufactur-
ing and populous districts of Staffordshire and Warwickshire on one
side, and the clothing districts of Glocester as well as London, and
the eastern counties, on the other.
The city of Hereford and neighbouring towns, which have so
long laboured under the disadvantages of a tedious, uncertain, and
expensive conveyance, will by this Railway have opened to them a
market in the rapidly improving port of Glocester, and the trade
with Bristol will be greatly and beneficially increased ; goods which
are now shipped from thence by water to Chepstow, from which
place they are forwarded by river craft or land to Hereford and
Ross, will, by this Company, be conveyed at little more than half
the present charge, with this advantage, deliveries will be made in
one-third the time now taken in the transit.

The counties of Radnor, Cardigan, and Montgomeryshire will
all be greatly benefitted by this railway, as nearly the whole of the
colonial produce consumed in those counties is brought over land
from London, Liverpool, and' Bristol, at a charge double that pro-
posed by this undertaking.
The farmer will have a good and cheap communication with all
the manufacturing districts of England ; his produce will be within
12 hours' reach of London ; fat beasts now reaching Smithfield in
a lame and impoverished state, losing from Bto 12 per cent. in
weight, will be brought to market in a good and wholesome con-
dition. To the traveller the advantage of locomotive power is ac-
knowledged : the formation of such a commnnication with Here-
fordshire:will bethe means of inducing many thousands who have not
enjoyed the beauties of scenery in the neighbourhood of Ross and
Windeliffe to resort to that great attraction so wonderfully blended
by nature.
This railway will be the first portion of a line of railway through
Wales to Aberystwith, the nearest road from London to Ireland.
The Directors claim the right of not disposing of more than
4-sths of the number of shares for the present, and of reserving
the remaining sth to be disposed of by them hereafter as to their
discretion may seem fit; they also purpose mal:ing a sufficient re-
serve for the landed proprietors and others immediately interested
in the undertaking.
It is calculated that the estimate of income will exceed 20 per
cent. per annum; if the passengers increase in the same proportion
as stated by Dr. Lardner,* the dividend will be nearer 30 per cent.
* Dr. Lardner states that " a probable estimate of the number
of passengers to be expected on a projected line of railway maybe
made by increasing the average number of passengers for the last
three years by the common railroad, in a twofold proportion.
" The average number of passengers daily between. Liverpool
and Manchester before the formation of the railway was about 450,
the present average is about 1,300 ; the increase has been nearly
the same at Kingstown to Dublin."
Applications for Shares to be made by letter, post paid, to Francis
Beetham, Esq., at his office, 8, Chatham-place, New Bridge-street ;
or to John Gilbert Lander, Esq., 8, Gray's Inn-square, solicitors.
From the great number of .Shares already applied for, applica-
tions will not be received after Saturday, the 16th instant.