The Sun.
London, England, 1824-06-25 00:00:00

EAST INDIA HOUSE, June 23, 1824.

THE COURT of DIRECTORS of the
UNITED COMPANY of MERCHANTS of ENG-
LAND TRADING to the EAST INDIES, do hereby give
Notice,

, That a GENERAL COURT of the said Company will he
held at thOr House in Leadenhall-street on FRIDAY, the
id July next, from Eleven o'Clock in the forenoon until Six
In the evening, at. the desire of the under-mentioned Pro-
irietore,
Randle Jackson Douglas Kinnaird
Addinell Joseph Hume
Wm. Thornton Henry Gahagan
James Paterson J. Doyle
Jos. Maddox C. J. Doyle
Thomas Lowndes,

to Ballot on the following- question, viz. s—
" That this Court confirm their Resolution of the 26th
iiithno, approving the Resolution of the Court of Direc-
iectors of the 28th of January last, granting to the Carnatic
Commissioners, so long as they shall be employed in the
double duty of investigating Claims upon the Carnatic and
Claims upon Tanjore, a special Allowance of 8001. per an-
tsum etach, from the Company, in addition to the allowance
of .45601. per annum, at present enjoyed by them under Lhe
tarnatic Deed, and fixing their allowance from the period
when either Commission shall cease, at 1,5001. per annum,
to continue so long as they may be employed, under the re.
Omitting Commission, and to be paid should the remaining
Commission he the Carnatic Commission, as at present, and
should it be the Tanjore Commission, from the Company's
taith."
JOSEPH DART. Secretary.

PROPOSED SHIP CANAL f
HANNErom the ENGLISH to the
BRISTOL CL.
A T a Numerous and Respectable MEETING
XX. of LANDOWNERS, MERCHANTS, BANKERS,
and Others, held the 9th Day of June, 1824, at the LONDON
TAVERN, Bishopsgate-Street, Sir THOMAS B. LEVI-
BRIDGE, Bart., M.P., in the Chair,
, Resolved unanimously, That it is the opinion of this Meet-
lag that a Junction of the English and Bristol Channels, by
means of a Ship Canal, will be of essential Advantage to the
'Commercial Interests of the Country, and, at the same time,
Promises an ample Remuneration for the Expence of its
execution.
That the Capital of the Company be for the present limited
In One Million, and the same be divided into Shares of 1001.
each.
That a Subscription be now entered into, and the Books,
be afterwards left at the Banking-House of Messrs, Bosanquet
and Company, Lombard-street, for the purpose of receiving
future Subscriptions, and that a Deposit of 11. be paid upon
each Share at the time of subscribing.
That the Subscription-Book be headed as follows, viz.:—
" We whose Names are hereunto subscribed, authorize the ap-
plication of the several Sums subscribed by us, in defraying
the Expences already incurred, and to be incurred, in the Sur-
veys, Plans, Engineering Estimates, and other Charges neces-
sary for preparing to apply to Parliament for an Act for mak-
ing a Ship Canal from the English to the Bristol Channel, and
the further Expences to be incurred in such application to Par-
. Lament ; and that in case we shall decline to take the Shares
set opposite to our respective Names, the residue of the Deposit
now paid by us shall be forfeited to the Company."
That whenever One Thousand Shares shall be subscribed
for, Mr. Telford be employed to Survey and Report his Opi-
nion upon the best Line and probable Expence of a Ship-Canal
from the Bristol to the English Channel at Seaton Bay, capable
of navigating Vessels of all descriptions, of 120 tons and of 200
tons burthen, Register measurement.
That,
SirT.B.Lethbridge,Bart.M.P. William Henning, Esq.
Sir Cli ristoph erCole, B art.M. P. Richard Pemberton, Esq.
Captain-Bastard, M.P. Samuel Bosanquet, Esq.
Chas. K.K.Tynte, Esq., M.P. Robert Colnier, Esq.
Wyndham Lewis, Esq., M.P. John Lee Nanning, Esq.
John Bent, Esq., 111. P. George Elwall, Esq.
TheVeryßev.theDean of York John Burridge, Esq.
David Pollock, Esq. I George Browne, Esq.
Rev. Dr. Palmer I George Redman, Esq.
be a Committee, with power to add to their numbers, from Sub-
seriptions of five Shares and upwards, for the purpose of dis-
charging expences already incurred, and to be incurred, and of
superintending the survey, and defraying the expences thereof,
out of the monies subscnbed, and that three be a quorum.
That when the Survey shall be complete, and Mr. Telford's
Report delivered, the Committee, now appointed, do call a
General Meeting of the Subscribers, in order that the same may
be considered ; and that such General Meeting may then adopt
such ulterior measures as may then appear proper.
That the Books do remain open till the 30th day of June
instant.
That the Resolutions of this day be inserted in such News-
papers, in town and country, as the Committee shall think fit.
THOMAS B. LETHBRIDGE, Chairman.
Resolved unanimously, That the thanks of this Meeting be
given to Sir Thomas B. Lethbridge, for his able and impartial
conduct in the Chair.

At a Meeting of the Committee, held at the Crown and Anchor
Tavern on Saturday, the 12th June instant, the following
Statement was agreed to be published :
The Committee beg to submit for the information of the
i Public a short Statement, founded upon the best data which
they have been able to collect from the most authentic sources
o'f information, for. the purpose of exhibiting the probable re-
turns to the Proprietors upon the execution of the Canal, and
Which will clearly demonstrate that a most ample remunera-
tion cannot fail to result to those who embark their capital in
the undertaking. The length of the Canal, according to the
plan laid down by the late Mr. Rennie, was 41 miles, and it
is not probable that any variation of the line, in consequence
of the Sarvey about to be made by Mr. Telford, can make a
"material alteration in that respect. Taking also Mr. Rennie's
estimate as a basis, and adverting to the difference of prices,
and to the proposal to substitute a Canal for Ships of 200 tons,
instead of 120 tons, as formerly suggested, the expense of the
execution of the Canal is estimated at about 1,200,000/., upon
a calculation which the Committee believe to be not only fully
adequate to meet all exigencies, but to be made upon a liberal
scale ; the charges of Wear and Tear, Repairs, Management,
and other incidents, when the Canal shall be complete, are
taken at 1,000/. per mile per annum, making an annual expen-
diture of about 42,0001.
From local and other information collected at various times
and at several periods, and particularly when a Boat Canal was
in agitation in the year 1822, the Committee are of opinion
that this amount would be more than provided for by the Ton-
nage upon Lime, Lime-stone, Culm, Stone, Bricks, Tiles, and
general Merchandize for the internal trade which will be car-
ried on by means of the Canal. The annual expenditure being
thus provided for, there will remain for the benefit of the Sub-
scribers the amount founded upon the following estimate
From Returns made to the House of Commons in the present
Session, upon the motion of Sir T. B. Lethbridge, it appears
that the amount of Tonnage which passed round the Land's
End in 1822 was 1,030,430 tons, of which it further appears,
that had the Canal existed, 554,000 tons would almost of neces-
sity have passed through the Canal, and probably great part of
the residue from interest, convenience, or other causes.
From local and other information collected in the Southern
Posta of England, it appears that there was a consumption of
Coals in 1811, amounting to 1,400,000 tons per annum, which
has since considerably increased, but of which the Committee
are satisfied with assuming that only 500,000 tons will pass the
Canal. Besides these, the tonnage upon Copper, Iron, and
sundries, not otherwise included, may be taken on a moderate
scale at 100,000 tons.
From these sources a tonnage of 1,154,000 tons would use
the Canal, which, at ld. per ton per mile, upon the average,
would produce an Annual Revenue of 201,9501. applicable to
a Dividend among the Proprietors, and amounting toabove 16#
per cent.
The-charge of one penny per ton per mile would fall so far
short of the expenditure necessary in navigating round the
Land's End, as to make it a matter of certainty that the Canal
would be preferred.
In these remarks the Committee contemplate that the Country
is in a state of peace ; but it is obvious, that should war at any
time take place, the traffic upon the Canal would be increased
in a very considerable degree.
A Prospectus, and further particulars, may be had at the
Bankers, and the several Share and Canal Brokers' Offices in
the City ; of Messrs. King and Lukin, solicitors, 5, Gray's-inn-
square ; and of Mr. Clarke, solicitor, Chard, Somerset.