The Sun.
London, England, 1847-03-29 00:00:00

system of the East Anglian Railways, he believed that
the only way to work them to advantage to the proprie-
tors, would be for them to allow the system to come
under a united management with the Eastern Counties
Railway, and it was his firm opinion, shared also by his
colleague=, that they were running no risk whatever in
calling upon the meeting to sanction the agreement
which they hid entered into with the directors of the
East Anglian Railways. There was one contingency in
the agreement which he had no doubt the meeting would
wish might come into operation, via., that in the
event of the Eastern Counties Company paying
more than eight per cent. then the Lynn and Ely,
with a present minimum dividend of six per cent.,
should rank with Eastern Counties :hares,
though always to receive two per cent., less than the
Eastern Counties shareholders. The other Bill to which
he would call the attention of the meeting, was the line
from Enfield to Edmonton; it was a line branching out
of the main line at Edmonton, and running on to En-
field; the length of the line was about three miles.
About eighteen months since, the directors were applied
to by the inhabitants in the neighbourhood of Enfield to
support' them in their application to Parliament. Ac-
cordingly they subscribed for 500 shares in the concern,
the total number of shares.'in which was 1,800, and the
proposed estimate 36,0001. The directors of that line
then opened up a communication with the Eastern Coun-
ties directors as to the working of the line, and the result
of their negotiations had been that the Eastern Counties
directors had agreed to purchase the remaining 1,300
shares, at a premium of ss. per share, being rather more
than 5 per cent. interest upon the whole of the money
expended. This agreement it was now proposed to sub-
mit to the meeting for its approval.
Resolutions, approving of the agreements, were then
unanimously agreed to, as were also resolutions em-
powering the directors to carry out the provisions of the
agreements.

-The CHAIRMAN then said, that at the meeting recently
held, the bills which he was then about to submit to the
meeting, had received its sanction and approval, but it
appeared, however, that that meeting was not held in
strict conformity with the requirements of Lord
Wharncliffr's standing order, the notice for convening
it not having been sufficiently long ; under these
circumstances it was thought advisable by their law
clerk that another meeting should be held for the pur-
pose of complying with the requisite standing order.
It would be his duty, therefore, again to submit those
Bills to their notice; and, with the exception of one or
two of them, he did not think it necessary to tronble
the meeting with any remarks upon, the whole of them
having been fully gone into at the last meeting. The
Ilford, Tilbury Fort, and Southend Railway, he thought
required a few remarks. The length of the line was
thirty-five miles, and the branch to Battle-bridge six
miles. The line was proposed to leave the main line
at Ilford, and proceed along the south coast of Essex,
and keeping as near as possible the line of the River
Thames. ['he traffic taken upon this line had induced
the directors to believe that this was one of the
best lines ever projected by any company in this dis-
trict. The directors 'hoped that, through the medium of
cheap fares which they intended to adopt in this line,
that they would be enabled to draw off a considerable
portion of the passenger traffic at present using the
means of water communication, and afford a cheap and
expeditious route to Margate, Ramsgate, and the Con-
tinent. There would also be a considerable amount of
goods traffic, the line passing through a highly impor-
tant agricultural district, and supplying the wants of the
Raynham, Dagenham, Tilbury Fort, and the districts
around those places.

Mr. T. LEONARD fully concurred in the opinions just
expressed by the chairman, as to the valuable nature of
this line. The goods traffic would be of considerable
amount. The line would pass through about thirty
miles of fine grazing district, upon which tens of thou-
sands of cattle Isere continually grazing, which would
no doubt be conveyed by means of this railway. A great
source of profit would also be found in the traffic arising
from the great lime pits with which the district abounded.
The coal traffic would also be of considerable amount.
A SHAREHOLDER wished to know of what use it would
be to make another station at Battle-bridge ; there was
already a company which proposed to make a station
there.

The CHAIRMAN said that the Hon. Prcprietor seemed
not to understand the nature of the Bid ; the Battle-
bridge referred to was a Battle-bridge in Essex, and not
at Pentonville.
Mr. KENT said that he aid not believe this line could
ever pay. He deprecated the attemps or companies to
make so many branch lines, they were always injurioup
to the main trunk line.
The CHAIRMAN—If the Hon. Proprietor will look at
the map, he will see that the proposed line is one which
is calculated to draw a considerable share of traffic.

Mr. KENT did not understand figures, it was no use
showing a to him.
The CHAIRMAN begged to say that he did understand
them, and had considered the subject at considerable
length. If the Hon. Proprietor would take it upon his
recommendation, he would find that he would not very
wrongly either for his own interests, or the interests of
the company.
The resolution approving of the Bill was then put, and
unanimously agreed to.
The CHAIRMAN said that the next Bill he had to
submit to the meeting was the "Stations Enlargement,
and Amendment of Acts Bill."
Mr. PRICE wished to know whether the clauses be
objected to at the last meeting had been expunged from
the 1111.

l The CHAIRMAN said, that after mature consideration,
the directors had come to the determination to allow the
clauses to remain, and if the commissioners thought it
desirable to expunge them, the directors would nut ob-
ject to doing so.
Mr. PRICE objected on principle to the clauses, he did
not wish to see a railway company mixed up with the
affairs of a steam-packet company. There were a num-
ber of minutia connected with a steam-packet company,
which a railway board could not controul ; and a steam-
packet company in connexion with a railway company
would be certain to prove an entire failure.
A SHAREHOLDER said that the Southampton Com-
pany had made it answer very well.
Mr. PRICE said that in that case, the Southampton
Railway Company had only made an advance of money
on the security of the boats.
The CHAIRMAN—That was all the company pro-
posed to do in the present case. The directors saw that
it would be of no use having a railway to Harwich, un-
less a steam packet company was in connection with
that port, such a packet company as should make the
port one worthy of the great traffic which would arise
between that port and the continent.
Mr. PRICE objected to the clause as it then stood, as
it did not state that the money was to be advanced on
the security of the boats of the company.
Mr. DUNCAN said that he thought the most convenient 1
course would be to allow the clause to pass it stood,
It would be idle to suppose that the directors would ad-
vance
the money unless upon sufficient security.
The CHAIRMAN then put the resolution, and Mr.
Price declining to move any amendments, the original
resolution was agreed to, there being only one hand
(that of Mr. Price) held up against it.
The other Bills (ten in number) were then put seri.
atim, and unanimously agreed to.
The CmissamaN said that he wished to make an im-
portant statement to the meeting, and one which, con-
sidering the great attention the subject was re-
ceiving at the hands of the Railway Com-
missioners and of the Government, he wished to
go forth to the body of the shareholders. The
share capital of the company for the new lines was
2,700,0001., with power to borrow 555,0001. They had
the power of raising under bills already sanctioned
1,665,0001., and there was yet a call of 10/. remaining
upon the York extensions, which would give a capital of
1,850,0001., from these two sources a capital of 3,515,0001.
The whole of the capital required fur the new lines was
only 2,700,0001. ; the company had, therefore, a surplus
capital of upwards of 800,0001 to meet any contin-
gencies which might arise. There was also another
subject to which he would just allude. Numerous
letters had been read from the beads of colleges at
Cambridge, expressing their opinion of the general
arrangements of the line, and particularly referring, in
the most flattering manner, to the arrangements of the
company, at the time of the recent election of the Chan-
cellor of the University.
A vote of thanks was then proposed to the Chairman,
and the meeting broke up.

IMPERI XL PARLIAMENT,
(THIS EVENING.)

HOUSE OP LORDS.

Their Lordships met at Five o'clock.
Messengers from the Commons brought up several
Bills.

NATIONAL SCHEME OF EDUCATION.
Lord BROUGHAM presented a petition from the
Protestant dissenttrs of Tunbridge Wells against the
Government plan of education. The petitioners sug-
gested, that if the version of the scriptures, as au-
thorised by the Protestant Churches, were allowed in
school, the benefits of the Government plan might be
extended to all religious denominations, with the single
exception of Socinians and Roman Catholics. He (Lord
Brougham) did not coincide in the prayer of the peti-
tioners, although he respected the feelings which gave
rise to their objections. He should wish, on a future
occasion, to know from the N.ble Lord opposite if
Government had taken into consideration the same idea
that was suggasted by these petitions.
Lord DENMAN presented a petition to the same
effect from Nottingham.
ELECTORAL DIVISIONS (IRELAND).
Lord BROUGEIAM presented a petition from the
rate-payers of the electoral divisions of Wexford, com-
plaining of the present mode of levying the poor-rate.
He also presented a petition from Tougham to the same
effect.

Mr. James Bolger, civil engineer, of Talbot•street,
Lord BBROOAURGDHOAFM"allOsoßKprSe—selnnteEdLaApNetpition from
Dublin, and of Austin Friars in London, complaining
of what he termed a system of jobbing which was being
practised by the officers of the Board of Works in
Ballinasloe, and stating that upwards of 70,0001. had
been expended by the Board of Works in that dis-
trict. He stated that it had been intimated that if
the engineer employed a person who was in the con-
fidence of the Board of Works that he would have the
contract even at a good price, and it was intimated that
Mr. John Macrnahon, who had married the illegitimate
daughter of some officer connected with the Board of
Works, was in the confidence of that board. Under the
contract which had been made under this intimation many
thousand pounds had been expended. This the petitioner
stated was called a job; he apologised to their Lord-
ships for the term, but he believed that the proper
penenttho n
the several contracts, andw
although epithet ought to have been used, and it ought to have
been called a fraud. There
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