The Sun.
London, England, 1849-04-09 00:00:00

N°.17,640 - -
LONDON, MONDAY EvENING
s N.
7 APRIL 9,

ONE HVNDRED AND EIGHTH SALE.
CUSTOM-HOUSE, LONDON, A PIIIL, 1849.
For SALE, by Order of the Honourable the Commissioners
of her Majesty's Customs, at the Commercial Sale Rooms, Mincing-
lane, on Monday 16th, Tuesday 17th, Wednesday 15th, Thursday
19th, and Friday 20th April, 1849, at Twelve o'clock at Noon pre-
cisely, the following GOODS for Ilomo Consumption, viz. :
Amber and other Mouthpieces, Antique Cabinet, Chest, &e. ; Ar-
tificial Flowers, Barege, Beads, Berlin Embroidery, Boots ; Boxes
Brass, Snuff, Ire. ; Brandy, Brooch Paintings, Bahl Cabinets, Tables,
&c.. Busks, Buttons, Cambric Handkerchiefs, Cameos ; Carpets: Au-
busson, &c. ; Candelabras, China Ware: Bowls, Jars, Teapots, &c. ;
Clock-cases, China or Indian Ink, Clocks : Carriage, Inlaid, Marble,
Ormolu, Porcelain, &c. ; Cofee, Cologne Water, Curtains, Muslin,
&c., embroidered ; Combs, Damask for Curtains, &c. ; Dolls, and
Dolls'-heads, Dresden Cups and Saucers, Candelabras, Figures,
Plates, Stands, Vases, Bottles, &c. ; Dutch and French Porcelain ;
Embroidery and Needlework, viz.: Caps, Collars, Chemisettes, Dress-
pieces, Shirt-fronts, ; Feathers, dressed ; Fans, Geneva, Hand-
screens, inlaid Cabinets, Tables, Scc.; Jewellery: Bracelets, Brooches,
Buckles, Chatelains, Neck-chains, Shawl and Head Pins, Studs, &c. ;
Jewel-cases ; Leather Purses, Souvenirs, Visites, &c. ; Lace :
Brussels, Chantilly, 86c. ; also Barbes, Berthes, Collars, Coiffeurs,
Cuffs, Points, Shawls, Scarfs, Veils, &c. ; Match-splints, Musical
Boxes, Needles, Painters' Colours, Paper-L. eights, Paper Box-tops
gilt. Stc. ; Parasol-handles, Pencils, Prints, Pipe-bowls, Tubes, Stems,
&c. ; Pongee-handkerchiefs, Palm-oil, Papier-mache Trays, Bread-
baskets, &e. ; Purses, Rosa, Seals, desk, &c. ; Segars, Segar-tubes,
Sevres Porcelain mounted ; Scent Bottles mounted; Silk : Braid,
Head-dresses, Pelerines ; Shawls : China Crape, French wool, Cash-
mere, &c. ; Snuff, Spirits, plain and mixed ; Steel Buckles, Bracelets,
Chains, &c. ; Stays, Succades, Sugar, Tallow, Tea, Timber, Tobacco,
Toys, Tooth-brushes, Utrecht Velvet, Waisteoat-pieces, embroidered,
Watches : Gold, Silver, Plated, &c. ; Watch-keys, Guards; Wine.
The Vessel " Ratgger," with sundry Stores, Sails, Masts, Standing
and Running Rigging, Anchors, Cables, &c., &c., and various other
goods.

For Exportation only—Books, Wine, spirits, and Cordials, Tea,
&c., &c.

For Exportation, et* for Home Consumption on payment of the
duties—Arrow-root, Books, Combs, Cassia, Cordials, Coffee, Cologne
Water, Dresses, Dice, Ginger preserved, Hops, Lacquered Ware,
Pepper, liosewater, Sugar, Spirits, Tea, Turaeric, Wine, &c., &c.
The above goods may be ♦iewed at the Queen's Warehouse, ens-
tom-house, Thames-street ; at the St. Katherine's, London, and the
East and West India Docks; and at the Tobacco-ground, Rother-
hithe, on Thursday the 12th, Friday the 13th, and Saturday the
14th April, 1849, from Ten o'clock in the Morning until Three
o'clock in the Afternoon, and en the days of gals fleet Ton
o'clock In the Meriting until Twelve- .o'clock at Noon. awake.]
notice, that goods sold at this sale will not be delivered until after
two clear days of the day on which they are sold, and that no lots
can be paid for at the office of the receiver of fines, after Two o'clock
in the Afternoon ; and that on the days of sale, money will net be re-
ceived by the receiver of floes after Eleven o'clock in the Forenoon.
Catalogues may be had at the Queen's Warehouse, eastern-
house, Thanes-street, London, price Is. each.

NE W ZEALAND COLONISATION.
RESUMPTION OF LAND SALES.
The Court of Directors of the New Zealand Company hereby give
notice, that they have determined upon resuming their Land Sales
generally, and upon throwing open for Purchase and Pasturage Lands
in their several Settlements of Wellington, Nelson, aid New Ply-
mouth, as well as in Otago.
The terms and other particulars may be obtained on application
at the New Zealand House,
By order of the Court,
THOMAS CUDRERT HARINGTON.
New Zealand House, 9, Broad-street-buildings.
London, March 23, 1649.

:CHEAP SUMMER EXCURSIONS,
Front LONDON to EDINBURGH, GLASGOW, PERTH,
STIRLING, DUMFRIES, CARLISLE, PENRITH, the LAKES,
LANCASTER, PRESTON, DUBLIN, WALES, ISLES OF MAN,
LIVERPOOL, MANCHESTER, •r CHESTER, on the 23d and
30th of July next, under the sanctivn of the Directors of the various
lines.

Further particulars, as to the hour of departure and days of return,
will be announced in future bills and advertisement., and every in-
formation may be obtained by addressing a letter, postage paid, and
enclosing a postage stamp, to H. R. Marcus, Conductor, 234,
Crosby Hall Chambers, Bishepsgate-street, London.

]TELL GWYNNE TAVEItN and CHOP-
HOUSE, Bull Inn-court, Strand, for Luncheons, Dinners,
and Suppers, Three Doors East of the Adelphi Theatre, and opposite
Adam street.

Messrs. ARCHER and HOLT most respectfully invite their
friends and the public to patronise the Nell Gwynne Coffee•room,
which has been fitted up in the style of the period in which she lived.
Visitors t• the Theatres, Citizens, and Gentlemen connected 'with
Somerset House, and toe Banking Houses in the vicinity, wilt find
the Table d'Hote, which 1-altel place at half-past Five precisely, the
most comfortable and rer onable in the metropolis.—Fish and
Joints, 2s. per head. Hot Je'Ms until Eight, and Suppers unti. One
o'clock. Private Dining-rooms excellent Beds, superior Wines and
Spirits, fine Ales, and Barclay and Perkins's Stout.
N.B. An Entrance also from Maiden lane.

EASTER HOLID AI S.
THE RO YAL POLYTECHNIC
INSTITUTION, REGENT-STREET.
Last Week of Mr. Shaw's Lectures on the Art of Magic : The
Illusion of the Inexhaustible Battle, the astonishing Magic Coins,
the celebrated Feather Trick, the Gold Fish and Ink, the Magic Dis-
tribution of Gifts, the grand Mysterious Flight, and numerous other
new experiments will be explained.—Lectures on Chemistry, with
brilliant Experiments, daily at a Quarter to Three o'clock, by Dr.
Bachhoffner.—Lecture on the Steam Jet, at One o'clock daily.—
Among the New Dissolving 'Views are Four Views of Hobart Town
and the Neighbourhood, by S. Preut, Esq., from Original Drawings
taken in Van Diemen's Land by him ; also, Scenes in Mexico, Swit-
zerland, the Gold District of California; and a Plan of the Battle-
field of Chillianwalha.—New Chromatrope.—Diver and Diving-bell.—
The Machinery and Models explained.—The Music is under the di-
rection of Dr. Wallis.

Open daily from Eleven to Five ; and in the Evenings (including
•aturday) from Seven till Half-past Ten.
Admission, Is.—Schools, Half-price.—The New Catalogue, ls.

THE REGISTERED SYRIAN PALETOT.
By Messrs. SWAIN and CO., Court Taii•rs, 379, Oxford-

street,

This celebrated OVER-COAT for the Spring has been introduced
in the lightest textures of material from the costly wools of Syria ;
the exclusive use of which has been secured by Messrs. Swain and
Co., an manufactured into the Paletot universally known as the
choicest article of the kind extant.
The Local Agents for its sale in the British Empire are—
Messrs. Hagford and Aniwiss, Liverpool.
Messrs. B. and S. Smith, Manchester.
Messrs. G. and W. Clarke, Bury St. Edmund's.
Mr. J. Hollingsworth, Birmingham.
Mr. W. White, Edinburgh,
Mr. John Whitty, College-green, Dublin.
Mr. Charles Saxelby, Shrewsbury.
Mr. Ilubbock, Berwick-on-Tweed.
Mr. R. Pinhorn, Newport, Isle of Wight.
Mr. J. Johnson, Ashton-under-Lyne.
Mr. Davison, Sheffield.
Mr. R, Wilson, Newcastle-on-Tyne.
Mr. John Crisp, Norwich.
Mr. F. Bane, Ipswich.
Mr. W. S. Bevil], Chester.
Mr. Whitmore, Stockport.
Mr. T. S. Wright, Northampton.

CLARK'S ROYAL WAX CANDLES.-
lJ I(0 PUFF.—(Only 111,4 d per lb.)—Luxuriant Light; mil-
lions will admire. The chief of Candles, a Royal title bears.—A
silvery flame—Transparent as Wax.—They snuff themselves.—Are
hard as alabaster.—Glossy as glass, anal cheap as common Tallow
Candles is their true character. The Public will know the Candles,
for every 41b. packet bears a gold label, " CLARK'S ROYAL
WAX CANDLES, 447, WEST STRAND." All not bearing this
label are base deceptions.—Other Candles and Soap are reduced in
price, and may they long continuo so ! 1 The Eight New Lights
can be seen at the Establishment of the METROPOLITAN LIGHT
COMPANY, 447, West Strand, next door to the Electric Telegraph
Company.

I IARKNESS REIGNS NO MORE.
The LIGHT of ALBERT gladdens the midnight scene.
Darkness now wears a diadem of Light. A beautiful little Light.
decidedly the best Night Lamp known. All should use them.
Price, for the best, 9d. each. The Lights are Gd. per box. The
Albert Lamps, with the genuine Lights for them, can be had at the
Establishment of the Metropolitan Light Company, RICHARD
CLARK, Resident Manager, 447, West Strand, next doer to tke
Electric Telegraph Company.

N 0 TIC E.—To Newspaper Proprietors.—
WILLIAM THOMAS begs to offer his best thanks for the
corrected returns be has already received for his NEW UNIVERSAL
NEWSTAP ER LIST, and most respectfully solicits those who have
not yet done so to forward them with the least possible delay, the
work being in the press. Advertisements intended for insertion must
be immediately forwarded.
Universal Advertising and Newspaper Office, 21, Catherine-street,
Strand.

'TIE EDINBURGH REVIEW,
No. CLXXX., is just published.

-CONTENTS:—
I. The Vanity and Glory of Literature.
11. The Physical Atlas of Natural Phsenomena.
111. Taylor's Eve of the Conquest.
IV. Mrs. Jameson's Sacred and Legendary Art.
V. Mary Barton.
VI. Miss Strickland's Lives of the Queens of Fngland.
VII. Duke of Argyll's " Presbytery Examined."
VIII. University Reform : Cambridge and Oxford.
IX. Financial Prospects, 1549.
X. Political State of Germany.
XI. M. Guizot's Democracy in France.
London : Longman and Co. Edinburgh : A. and C. Slack.

In Bvo., a New Edition; price 155., of
THE PRINCIPLES OF POLITICAL
ECONOMY ; with a Sketch of the Rise and Progress of the

Science,

By J. R. M'CULLOCH, Esq.
Fourth Edition ; corrected, improved, and enlarged.
A. and C. Black, Edinburgh ; Longman and Co., London.

ORIGINAL MISSISSIPPI.
EGYPTIAN HALL.
ItANVARD'S GREAT PAINTING of the MISSISSIPPI and
MISSOURI RIVERS, being the largest painting in the world, exhi-
biting over 2,000 miles of American scenery, extending through the
heart of America from the temperate regions of the north to the
tropics of the south.
EXHIBITED every Morning at the Egyptian Hall, Piccadilly, at
Half-past Two, Evenings, at Half-past Seven. Doors open one kalf
heir before commencing. ♦dmission, lower seats, 2s. ; gallery, is.

VERSE FOR MY PURSE.
Come, safe preserver of my valued cash,
Thy praise I'll sing, though Shakspere calls thee trash.
31uch do I owe to thee, thou treasured thing,
And therefore 'tis but right that I should sing.
All that I wear, and all I eat and drink,
kre but the produce of thy current chink;
And wheresoever, therefore, thou art conn'el,
I view thy contents as a magic wand.
Like everything, thou roay'stbe rightly used,

And likewise may'st be equally abused.
Bat I am one wb• would consult my purse,
_ .

In buying goods for better or tbr w-erso
- gold-and-silver treasures, if we ponder,

Is far too costly—far too scarce to squander ;
And therefore in my purchases in trade,
I always go where savings can be made.
And never do I carelessly disburse
The Whites and Yellows of my well-wrought purse.
In dress, for instance, I would always buy
MOSES AND SON'S ATTIRE,
Which ranks so high.
At MOSES' Warehouse, everywhere renowned,
Cheapness and quality are always found.
I never once have found it the reverse,
Though often there I've drawn my silken purse.
THE HATS AND BOOTS OF MOSES
Also show

That quality is high, and price is low.
And really more than ever de I see
The very little hole they make in thee.
Hence I again to MOSES will repair,
And make a good—a moderate purchase there.
Again with MOSES will I draw my purse,
I can't do better—but I could do worse,
And thus concludes this tributary verse.
LIST OF PRICES.
MADE MADE.

May, Spring, and Sumer Wrappers......fromio 8 6
1 he iluiwer, Pacha, Paletot, and every descrip-
tioo el light Over-coats.. • • .... ......... 0 12 6
Superfine Cloth Coats, of a light texture, and
handsomely trimmed •• • • 1 19 •
Do. do. lined with 5i1k.............. 1 18 0
Joan and Holland Blouses •••• • • • • ••.. • • 0 2 9
Fancy Victoria • 0 4 0
Tweed.... ..... ........... 0 4 6
Dress Coat .... ••.. • •• • • • ... 0 17 0
Frock Coat • .
Spring and Summer Trousers .. • • .......... • 4 0
tioeskin ditto .................... ••6 12 0
Spring and Summer Vests in every variety.. 9 1 6
Black Satin .............................. I 4 6
Figured . ....................
White Marcell.) .......................... 0 4 6
Bi ick Cloth .............................. 0 3 6
Boys' tiussar and Tunic 5u1t5.............. 0 16 6
Spring and Summer Test • • .... • ........... 0 10 •
MEADS TO MICASURE.
May, Spring, and Summer Coats • • from 0 16 0
The Buiwer, Pacha, Paletot, and every de-
scription of light Overcoats • • ......... 1 0 0
Superfine Cloth of a light texture, and hand-
somely trimmed ••• • • 1 15 0
Ditto ditto lined with silk... •• • • ...... 2 2 0
Superfine Dress Coat.. ••.. • • 1 12 0
Superfine Frock • .. ••••••• • • • • • • • ••• • .. 1 15 0
Black Troasers ... •••.. • . •: •••• • • • • .... 016 0
Fancy Deeskia........ •• • - 018 0
Best Black Vest ••• • • • .... •••• • • .. 0 13 6
Splendid -.title Vest.. •• •• •••• 014 6
llussar aid. Tanis suits ••••••••• • • • • • • • • . • 1 5 9
Superfine ...... ••••••••••••• • • • • • • • • • • • • • 1 15 0
May White Marcella Vest ........ 0 7 0
Mourning to any extent at Five Minutes notice.
A Suit of Clothes complete for 1/. 16s.

A new work, entitled " The Treasury of Taste," containing a de-
tailed list of prices for each department, with full directions for self-
measu3ement, may be had on application, or forwarded post-free.
Caution.—E. Moses and Son regret having to guard tae public
against imposition.; but have learned that the untradesmais-tike
falsehood of being connected with them, or " It is the same concern,"
has been resorted to in many instances, and for obvious reasons.
T .cy have no connexion with any other house in or out of London,
except their Brunet' Establishments, 36, Fargate, Sheffield ; and 19,
Thornton's-buildings, Bradford, Yorkshire ; ant those who desire
genuine and cheap clothing, &a., should call at. or send to either of
their Branches, or to the Minories and Aldgate, City, London.
E. MOSES and SON, Tailors, Woollendrapers, Clothiers, Hatters,
Hosiers, 2urriers, Boot and Shoemakers, and General Outfitters, for
wadies and Gentlemen, 154, 155, 156, and 157 Minories, and 82,
94, 85, and 86 Aldgate, City, London ; and their Wench Establish-
ments, 36, Fargate, Sheffield ; and 19, Thornton's-buildings, Brad-
t-ford, Yorkshire.
Take V onco.—This Establishment is closed from sunset Friday.

sunset Saturday, when business is resumed till twelve o'clock.

Several first rate butters wanted fir London and Country ; apply
on Tuesday Mornings, at Ten o'clock.

N.B. This Establishment will be closed on Thursday Evsniug,
April 12, at Half-past Six o'cleck, and resume business as usual on
Saturday Evening, April 14, at Half•past Seven o'clock.

WEST INDIA. MAIL.
RIOT IN ST. LUCIA.

The Royal Mail Company's steam-packet Clyde
arrived at Southampton last evening from the West
Indies, bringing dates from Jamaica to March 10
and St. Lucia March 8, and about 800,000 dollars
on merchants' account.

The most important news is from St. Lucia, where
a riot took place on the 6th of March. About 400
insurgent negroes besieged the Governor in the
council-chamber, and when dispersed they again
assembled riotously in various parts of the town.
The Riot Act was read, and the military were called
out after much hesitation. Their mere appearance
bad no effect on the mob, who acted with so much
turbulence that it was at length found necessary to
give the order to fire on them. Accordingly a party
of the 54th discharged their pieces into the crowd,
and three persons were killed and three wounded.
This had the effect, however, of preventing more
serious bloodshed, for it at once dispersed the rioters.
The other item of news from this island is that the
Planters' Bank has been abandoned.

From Jamaica we learnthat—ameting had been
held to petition Parliament for a responsible govern-
ment. The Rum Duties Bill, because it provided no
money, was rejected by the Council ; and the Go-
vernor, finding the Assembly impracticable, prorogued
it, on the ad, until the 24th of March, intimating that,
if members were more pliable, he would call them to-
gether again.
From St. Domingo, it is stated that some mis-
understanding had taken place between the people of
Aux Cayes and some French and English merchants.
The quarrel had proceeded so far that the consular
agents of those nations had been struck.
An improvement in the revenue had taken place at
Barbadoes.

At Demerara, the gaieties in honour of the new
governor, Mr. Barkly were continued.
The islands generally are reported as healthy, the
weather favourable, and the crops good.

JAMAICA MARKETS.
(From Cordova's Mercantile Intelligencer.)
Flour—The stock is heavy, and the consumption ex-
tremely limited. Fresh Baltimore and George Town
have been sold at 28s. per barrel. There is no inquiry
for New Orleans or Philadelphia. The last cargo from
Baltimore sold at 275.

Meal—The stock is enormous, and 13s. per barrel had
been accepted for fresh.
Idea—Two cargoes of Carolina had been taken at
19s. per 100Ibs.
Butter—Fresh was dull, at 11d. Large arrivals from
America had been sold at 9d.

Brandy had risen, and was at 6s. 6d. per gallon, in
bond.

Rum was soiling at 2s. 3d. to 2s. 6d. per gallon, proof.
Sugar—There appears to be a better feeling in the
market for this article, in consequence of late advises
from England having reported an advance. The quota-
tions are from 13s. to 16s. per 1001bs.
Freights—Coffee, 4/. per ton to Liverpool; Sugar, 3L
to Liverpool and 31. 10s. to 41. to London. There was
abundant tonnage in the harbour, but little employment.
Exchange on London—Bank bills, 90 days, f per
cent. prem.; private bills, 90 days, par.

Musual weekly
A,RYLEBONE VESTRY.—On
meeting of the
Saturday, at the
Rev. Dr. Spry in the chair, theMf only point
itmhe..
Vo
te. s try,
y
portance was the nomination o churchwardens. The
nomination of the Right
honourable Lord Portman as
churchwarden on the part of the Crown having been
received, a circumstance occurred which is stated never
to have been previously known in the annals of the
Marylebone vestry,
for the office of churchwarden
the probability of a contest
of the previous of the parish—the sides-
maneoaor being usually nominated and
elected as a matter l
filled the office of sidesururasne. The gentleman who has
churchwarden (Mr. Nisbett) isto the present parochial
of Wigmore-strect, and muc Mr.
George Mallalue, surprise was therefore
expressed in the vestry when Mr. Charles Carr proposed
the nomination of Mr. J. Augustus
Oxford-
street, as parochial churchwardenfNoicholay, of r
the year ensuing.
NI r. Matthews proposed that Mr. George Mallalue, of
Wiginore-street, the present sidesman' be put in nomi-
nation for the office. A similar con
test will take place
for the office of sidesman to the parochial warden for
the ensuing year; Mr. Bridgman beinghr proposed by
Mr. Garnett, and Mr. William Low, byThe
District Churchwardens:—All Soul'sDisi Carr.ric t
Wingfield, of Great Portland-street; for St. r.
J.
Mary's,
Mr. David Ray, of King•street, Portman-square; for
r I
Christ Church, Mr. Thomas Powell; and to • rini •
ty,
Mr. Charles Hickman were nominated.
Dispatches were sent off on Saturday evening from
the Coloniel office, for the Governors of Malta, the Cape
of Good Hope, the Mauritius, and Ceylon, and also for
the Lord High Commissioner of the lonian Islands.

THE YORK, NEWCASTLE, AND
BERWICK RAILWAY.
The following is the report of the committeee ap-
pointed by the proprietors of the York, Newcastle,
and Berwick Railway Company to investigate the
Great North of England purchase account :
The agreement for the purchase of the Great North of
England Railway was entered into provisionally in the
month of June, 1845, and the Act of Parliament for
carrying out that agreement passed on the 27th of July,
1846.
At the time when such agreement was entered into,
and such Act passed, Mr. Hudson, the chairman of the
York, Newcastle, and Berwick Railway, had not any
share or interest in the Great North of England Rail-
way, nor were any shares ever allotted to him.
The terms on which the several classes of shares in
the Great North of England Railway were agreed to be
purchased by the York, Newcastle, and Berwick Rail-
way Company were as follows, the principal of the pur-
chase-money of each class being payable ou the let of
July, 1850:
The 1001. shares at 2501. each, with interest at 10 per
cent. per annum on 1001. in the mean time.
The 40/. shares at 601. premium per share, with in-
terest at 10 per cent. on 40/., deducting 4 per cent. on
amount uncalled.
The 301. shares at 45/. premium per share, with per
cent, interest on calls until July, 1847, and 10 per cent.
afterwards on 301. until paid off.
The 15/. shares, on which 11. 10s. only had been paid,
at 22/. los. premium per share, with interest at 5 per
cent. on calls to the lst of July, 1849, and afterwards
interest at 10 per cent. on 15/. until paid off.
On the 26th of October, 1846, general meet-
ing of the shareholders inth a specialeYork,Newcastle, and
Berwick Railway was held at York, when a stock was
treated on which 6 per neat. per annum was guaranteed
fill the Ist of July, 185(1;in order to provide for " the
purchase of the Great North of England Railway and
works."

The object of this measure is stated to have been to
spread the payment for the shares of the Great North
of England Railway Company, amounting in the whole
to three and a half million sterling, over a apace of three
years and a half, instead of making that payment on one
day, viz., the Ist of July 1850.
After the conclusion of the business of the special
general meeting of proprietors on the 26th of October,
1846, a meeting of the directors was held, at which it
was resolved that the shares:in the Great North of Eng-
land Railway Company should be bought by the York,
Newcastle, and Berwick Railway Company, and that
Mr. Hudson alone should have the management of the
purchases. The directors are agreed that such a reso-
lution or understanding was come to at this meeting.
But no record of it is to be found on the minutes of the
proceedings of the directors. The absence of such record
is ascribed by some of the directors to their wish to keep
as secret as possible the fact of the company being pur-
chasers of shares; a knowledge of which fact might, in
their judgment, have had the effect of enhanoing the price
of the shares in the market.
We cannot, however, admit this as any reason for
the omission, particularly as Mr. Hudson has himself
stated in his evidence (as the fact was), that it was well
known at that time that the company were purchasers of
the shares.
At this meeting Mr. Plews, one of the directors, sup-
posed from his connexion with the Great North of Eng•
land,Railway to be best qualified for the task,was requested
to make a calculation of the value to this company of
the different classes of Great North of England Railway
shares. On his return to his place of residence at Dar-
lington, it appears that Mr. Plows prepared a statemen
of the comparative value of the several classes of Great
North of England Railway shares, showing the separate
value (assuming the market price of the day as his stan-
dard) of each class of share to a party investing money at
five per cent.
This statement, he believes, he transmitted either on
the 27th or the 28th of October, 1846, to Mr. Close, the
secretary of the company at York.
As this calculation of Mr. Flews has been much re-
ferred to in the evidence taken before us, we subjoin a
famile of it.
The sums expended by the directors of the York,
Newcastle, and Berwick Railway Company in buying
Great North of England Railway shares up to the
25th of January last, amount in the aggregate to the sum
of 749,524/ 14s. 7d.
The first sale to the company was by Mr. Hudson
himself to the extent of 131,8671. 9s. 3d., to which sale
Mr. Hudson has assigned the date of the 27th of Octo-
ber, 1846.
It appears in evidence that Mr. Hudson had early, in
the month of October, 1846, begun to purchase the va-
rious classes of Great North of England Railway shares
on his own account, and that on the 27th of October,
1846, being the day after the special meeting, he effected
the sale of his Great North of England shares to the
company.
The prices were fixed by Mr. Hudson himself, assisted
oerara: ndne dads
mtu
ectosrhtnli eo
mnpf principle
o rraeappears
if
ppstheseawrcalculations s ;
ssaoalcl
be
eaegl
et eioudnol
vakott
ofoilpov calculation;
de;haeeivbneouynt
sabotlteuhmhe
value
2opab dy7ba
obscurity
heMtputorore
fi.df t
yCow thealcaostssotebthb, and
of the shares could scarcely have been at York on
that day.

We find in the journal of the company,
Great North of England Purchase Journal," the follow-
ing entry without date.
Sundries, Dr. entitled "the

To George Hudson and others.
£ s. d.
... 36,240 0 0
... 21,631 10 0
... 5,187 0 0
...67,539 0 0
990 18 9
279 0 6

100/. shares (151 shares)
401. shares (342 shares)...
301. shares (91 shares) ...
15/. shares (2,874 shares)
Brokers' commission ...
Transfer stamps
•••

£131,867 9 3
This entry represents the whole amount of the Great
North of England Railway shares sold by Mr. Hudson
to the company, and the amount appears to have been
paid to him by two cheques on the York Union Banking
Company—the one for 81,100/. dated the 27th of October,
1846, and the other for 50,7671. 9s. 3d., dated the 27th
of November, 1846, both of which cheques are signed by
two directors of the company, Messrs James Richardson
and Robert Davies. The cheques have been produced to
us, and the payments are entered in the banker's book,
and stand in the ledger of the company under their re-
spective dates.
The prices paid to Mr. Hudson for these shares, corn.
pared with the market prices of the assigned date of the
sale, present the following results, viz.
Per Share. Market Price. Excess.
£ s. Per Share. A. s.

151 100 Shares fixed by 11r.
Hudson at...... • 240 0 237 453 0
342 40 rr 63 5 111% 598 10
91 30 PI 57 0 55 182 e
2,874 18 IP 23 10 21 7,185 0
Making a total excess on these several classes of shares
compared with the market price of the day of 8,418/. 18s.
The difference between the price assigned by Mr.
Close to the 151. shares and the market price of the day,
and Mr. Plews's calculation, is no less than 2/. 10s. per
share. In the evidence given before us, Mr. Close as-
cribes this difference to a mistake occasioned by an erro-
neousr combination on his part of figures taken frio3nls.M6d..
Plews's calculation, which gave a result
hiloft the 24 market
per share as the value of these shares, w---hsich, in fact,
price of the day was only 211. per share,rr
plows.
was the value assigned to them
h t
leave it, wit ou comment,
spectiag this explanation,. we
in the hands of the proprietors.
The number of these shares sold by Mr. Hudson to the
company being very considerable, the company, in this
As a difference of opinion exibsytall 'the committee re-
part of the transaction, paid in excess of the market price
of the day, to the extent of 7,1651.
This, however, cannot be taken as the measure of the
injury to the company, inasmuch as the purchase of so
large a number of shares by Mr. Hudson, on his own ac-
count, during the month of October, without any ques-
tion contributed to enhance the market price of the 27th
of October.
- Of this sum Mr. Hudson repaid, on the 19th of
February last, 2,11174/., under the circumstances after
stated.
We think it due to Mr. Hudson to append his state-
amt
ment with respect to this transaction
" In fixing the price which I thought in fairness I
me by
it was advan-
tageous to receive from the company, the price estimated
Mr. Close, was
2b y4LM3.purchase; and I then 6dPfo.irpewetrhs'eshaaerde as hs
companyor pricen t oto
di-
rected Mr. Close to put them down to the company at
231. 10s. per share, and I never discovered that there
was any error, or doubted that the transaction was per-
fectly correct, until Monday morning before the meeting,
coming to York, I was looking at the average price put
in the statement, it struck me that the average looked
very high; but before the statement was sent out it was
submitted to a meeting of the board, and although some
of the directors went into the calculations, yet none of
them made any remark as to the high average of these
shares. Upon arriving in York I went into Mr. Close's
office, and I stated to him that the average looked very
high, and asked of whom had been bought the largest
number of these shares. He referred to the books of
the company, and stated they were principally bought of
me. I said, Then turn to see what are the prices
given for the same description of shares to other
parties,' upon which, seeing that the shares
taken of me were at a higher price than those taken of
other parties, I said, I must pay the 11. call due upon
them immediately, and after the meeting you and I must
go caretully into that account, and we must have the
matter set right." Mr. Hudson accordingly drew a cheque
on his own bankers for 2,8741., which was paid on the
19th of February to the Great North of England Rail-
way account, being 1/. per share remaining uncalled on
2,874 15/. shares.
Sir John Simpson confirms this statement thus far:
he states—" That he was present at the board meeting
of the directors, on the 20th of February last, and heard
Mr. Hudson say to Mr. Close, lam sure, or lam satis-
fied, there is something wrong in these 15/. shares; we
must look into it after the meeting.' "

With the power Mr. Hudson possessed of giving this
explanation, it is to be regretted that he should have
moved the adoption of the report, including the Great
North of England purchase account, by the meeting of

the 20th of February, without making any correction or
noticing the existence of any error.
We have felt it our duty to endeavour to trace the pur-
chase by Mr. Hudson of all the shares included in his
sale to the company, and to ascertain the dates of the
purchase, and the price at which they were bought,
which seemed to be important with reference to the
principle that Mr. Hudson must be considered as having
made those purchases in the character of a trustee for
the company; this inquiry has been attended with con-
siderable difficulty, and has occasioned delay in making
our report.
All these shares seem to have been purchased by Mr.
Hudson between the sth of October and the 12th of
November, 1846, and not at earlier dates as was origin-
ally apprehended, and consequently Mr. Hudson's profit
by the transaction has not been so considerable as it was
at first believed to have been.

With respect to the payment to Mr. Hudson for these
shares by the company, we feel ourselves called upon to
observe that at the period when he received the cheque
for 81,100 L (the 27th of October, 1846,) he himself could
not have paid more than about 25,0001. on account of the
purchase of these shares, although he might be called
upon to make a further payment of about 70,000/. on the
30th of October. The effect of this would to that the
shares bought by Mr. Hudson on his own account, and
sold afterwards at an enhanced price to the company,
were to a considerable extent paid for in the first instance
with the money he had received from the company.
The impropriety of such a transaction between an in-
dividual and a company to which he stands in the relation
of a trustee cannot be doubted. And we are of opinion
that the sum charged by Mr. Hudson for these shares
ought to be reduced to the sum he actually paid for them,
and the difference repaid with interest.
It appears from the evidence of the other directors
that they were not aware of any purchase having been
made by the company of Mr. Hudson. And the auditors
were also ignorant of the fact ; they having contented
themselves with an examination of the books without
ascertaining whether any original contract existed.
The next contract of importance is that of Mr.
Christian Allhusen, amounting to 218,669/. 12s. On
comparing the prices of the shares included in this con-
tract with the market prices of the day, viz. 19th of De-
cember, 1846, we find the company has paid in excess
a sum of between 5,000/. and 6,000/.
The rest of the items, composing the sum of 749,5241.
14s. 7d., have been carefully investigated, and we have no
comment to make on them.
The next matter which required our investigation was
the charge for brokerage, amounting to 2,499/. 7s. sd.
This sum is reduced to 1,693/. 145. 11d. by deducting
805/. 12s. 6d. erroneously placed under the head of bro-
kerage, which was, in point of fact, a payment for in-
terest on bills of exchange which were paid as part of
the purchase money of the shares sold by Mr. Allhusen
to the company.
Of the remaining sum, the sum of 9901. 18s. 9d. was a
payment made to Mr. Hudson for brokerage on the
shares sold by him to the company. This, according to
the statement of Mr. Close, was done on the assumption
that the company must have paid brokerage if they had
bought those shares in the market, and without refer-
ence to the consideration, that Mr. Hudson must hare
paid brokerage it he had sold his shares in the market.
The charge for brokerage cannot be justified or main-
tained.

The next item is a charge by Messrs. Lawrence and
Co. of 5471. is. id., which was paid to them, being the
full rate of brokerage; although, in their original con-
tracts produced to us, they charged only half.
We find, however, they returned one-half of this
amount to Mr. Hudson, who states he gave the order as
Chairman of the York Union Bank Company, and that
he paid to the bank the sum he so received.
As all the other brokers employed by the company
have charged only half brokerage, c‘e do not consider
there is any reason in this case why the company should
sustain a loss, and we are of opinion the sum so re-
ceived should be paid to the company.
The remaining item is that of Mr. Sattesthwaite, who
sold to Mr. Hudso❑ a parcel of shares amounting to
16,5001., and stamps 1001., making 16,6001., which sum
he was paid by Mr. Hudson himself. The particulars
of this purchase, as entered in the books of the corn-
puny, are—

250 301. shares
SLamps ...
Commission

£. F.
... 16,462 10
100 0
•••
... 100 0

16,662 10
Which sums were repaid by the company to Mr. Hudson
as follows:-
1847.
April 5 ...
May 12 ...

X s.
16,562 10
100 0

16,662 10
Boing 621. 10s. in excess of the sum paid by him.
According to the evidence of Mr. Hudson, he had in-
structed Mr. Close to pay to his credit the sum of 1001.
about that time for travelling expenses, and he could
only account in that manner for the mistake we now
point out.
We think it necessary to add that the sum raised by
calls made and paid in advance was 1,427,833/. 10s., of
which the sum 749,5241. 141. 7d. has been applied to the
purposes intended by the proprietors in their resolution
of the 26th of October, 1846. This sum is about one-
fifth of the whole amount required to pay off the Great
North of England proprietors, and it has been invested
in Great North of England Railway shares as follows:—
X. s. d.
351,822 2 0
155,528 19 4
174,705 7 6
61,586 9 9

In the year 1846 ...
1847 ...
1848 ...
1849 ...

£743,642 18 7
There remain, therefore, four-fifths of the entire sum
still to be paid.
We think a more beneficial result would have oc-
curred to the company had the resolution of the pro-
prietors before referred to been carried into effect to a
much larger extent at an earlier period.
The Great North of England purchase account has
been very imperfectly kept. The transactions to which
it relates commenced in the month of October, 1846;
and yet it is admitted that no books were opened till
the month of December or January last, when a journal
and ledger appear to have been begun and posted up,
the entries in the journal of purchases of shares being
without dates, and being so made as to baffle examina-
tion without the aid of other materials.
The general accounts of the York, Newcastle, and
Berwick Railway Company, we hope, are dealt with in a
very different way.
The auditors seem to have misapprehended their duty
in auditing those accounts; they limited their examina-
tion to a comparison of the bank book, in which are
entered the directors' cheques with the entries in the
journal and ledger, they have neither required the pro-
duction of vouchers nor original contracts—a mode of
examination which it is obvious must be utterly worthless.
The remissness of the directors in the discharge of
their duty with respect to this account is very remark-
able. From the 27th of October, 1846, till the 13th of
February last, according to their own statement they
remained in entire ignorance of the state of the Great
North of England purchase account, and made no in-
quiries about the matter.
A still greater degree of blame attaches to the two
directors who signed the cheque for 81,1001. on the 27th
of October, 1846, the day atter the creation of the stock
for the purchase of these shares, without asking for,
or receiving any further explanation than that it was
for the purchase of Great North of England Railway
shares.

Shareholders have a right to expect of gentlemen who
accept the office of directors that they should be cogni-
zant of, and take part in, all important proceedings of
the company.
It is not right that they should confer absolute power,
and impose undivided responsibility on one of their body,
however able and efficient he may be.
The secretary ought not only to be competent to the
discharge of his duties, but should be strictly confined to
the business of the company.
A course of proceeding directly the reverse of that
which we have found to have existed with respect to the
Great North of England purchase account ought to be
pursued both by auditors and directors in the affairs of
the York, Newcastle and Berwick Railway Company, in
order to give to that railway, possessing as it does so
many essential elements of prosperity yet undeveloped,
its true value, and to insure the confidence of the pro
prietors in its management.

York, March 29, 1849.

ROBERT PRANCE.
HORATIO LOVE.
JOHN CLAYTON.
JOHN SHIELD.

ROBERT DENISON.

THE Ex-ROYAL FAMILY OF FRANCE.—The Count
and Countess of Neuilly, accompanied by the Duke and
Duchess de Nemours, the Duke and Duchess d'Aumale,
and a select number of attendants. came to town on Sa-
turday from Claremont, and visited her Majesty tho
Queen Dowager at Marlborough-house. The venerable
Count and Countess appeared in excellent health and
spirits, and with their family and suite partook of lun-
cheon with the Queen Dowager, the Princesses of Ho-
henlohe Schillingsfurst, Prince Edward of Saxe Weimar,
and the principal members of her Majesty's household.
The Count and Countess and party left town soon after
three o'clock on their return to Claremont. We learn
that the Count and Countess, and the whole of .the illus-
trious exiles at Claremont, proceed to St. Leonard's.on-
Sea, on Thursday or Friday next, where they purpose
to sojourn for a few weeks.
CWMGOODY MURDER.—The convict Griffiths has
been very much depressed in spirits since his sentence,
and speaks very little, though be appears to psy.consi-
derable attention to the instructions of thateer chap ain, the
the
Rev. David Price, and spends the gre part of
time in reading. He has made no communication as to
his dreadful crime. A room has been fitted for a " eon.
demned cell, and two watchers have been appointed,
one of whom is always in attendance night and day.
The execution has been fixed for ten o'clock in the fore-
noon of Wednesday, the 11th of April—the longea
possible time which the law will allow having thus been
humanely allotted to him.—'Welshman.