The Sun.
London, England, 1847-05-20 00:00:00

When we look to the Tgiipo puTation,,and consider the -,etniner

the trade, the enterprise, the great manufacturing and commercia,
interests ef this metropolis, it becomes a matter of no little surprise
that the most active means have not, long since, been taken to ob-
tain a better supply of water, and to get rid of the mud-and-water
monopoly which has so grievously existed for many years past.
The subject Is one upon which so much has been said, and such
universal complaints made, that it is altogether unnecessary to
dilate upon the crying evil, or to, offer a single remark beyond that
which Is rendered so self-evident to every disinterested and dispas-
sionate mind.

Of the eight companies supplying London with water, the New
River is the most extensive. It was constructed by Sir Hugh
Middleton, at an expense of about 150,0001. When, in 1834, the
public were much excited in consequence of the bad water supplied,
a Parliamentary inquiry on the subject took place, and Commis-
sioners were appointed. From the evidence then given it apeared
that the capital invested by the New River Company was 1,116,9841.,
by the other Companies 2,127,5951., making a total of 3,224,5591.
Although the New River Company paid an enormous bonus (300 per
cent. on the paid-up capital) yearly to the shareholders, tkere was
a balance or 157,206/. 10s. 6d. remaining, which is more than the ori-
ginal cost of construction. The average number of houses supplied
in 1634, accordiw to the minutes of evidence, was 196,492, at the
annual value of 276,2004, about 1/. 10s. yearly per house. Pure
water can be supplied for one-third that sum, and leave a profit, to
the capitalist who invests in this speculation, more enormous than
that of the New River Company.
Hence the opportunity has presented itself for the formation of a
Company for the supply of pure water at an inconsiderable outlay,
and upon those sure and unerring principles of Artesian Springs
which have been so generally adopted on the Continent—unfailing
and successfully established to the satisfaction of the most sceptical
individuals.

With reference to supplying London with pure spring water, let it
be unders'ood, that the surface of chalk on which London is built re-
ceives and retains rain on an average of twenty-one inches per an-
num. This chalk-bed or basin has an extent of 12,000 sq,utre miles.
Each square mile contains, allowing one-third forevaporation, no less
than 3,203,228 hogsheads of water per annum, or on a hundred square
miles, one-twelfth of the surface, 320,822,800 hogsheads. The snppiy
of water last year by the different companies was 314,553,012 hogs-
heads. Thus the London bed is capable of supplying more than
twelve times the quantity needed, sufficient for all the towns in Great
Britain and Ireland.

So certain and conclusive have been the experiments tried, that
the most successful result has attended every instance in procuring
water upon the principle stated.
....

The metal pipes, as now used by the London Water Companies
will net be adopted by the United Kingdom Artesian Water Com-
pany. Glass, and some such tubes as cannot be corroded, will only
be in use. The recent repeal of the duty on glass and porcelain
make such pipes cheaper than metal.
Shareholders shall be protected from all responsibility beyond the
actual amount of shares taken.

All applications for Shares must be addressed to the Secretary of
the United Kingdom Artesian Water Company, at the Office, East
India Chambers, Leadenhall-street, City, London.

FORM OF APPLICATION FOR SHARES.

Sir,—l hereby request you to allot me V Shares of 101.
each In the United Kingdom Artesian Water Company ; and I gua-
rantee to pay, when called on, a deposit of 7s. 6d. per Share for such
Shares, or any lesser number that you may allot to me;
and to sign the deed of partnership when necessary.

Name • • ...... •• • • ••. . •
Residence •••••• • • • • • • • -
Names of two Refereences,