The Sun.
London, England, 1847-03-01 00:00:00

THE SUN,

lled up until the next half-yearly meeting, which was pu
• an lost.
Mr. Ilibbert, jun., was then almost unanimously elected.
A Paormaron ten moved for the election of a board of
auditors, to which
II The CHAIRMAN stated that the, board of directors
no objection to such officers, but in his opinion,
their appointment would be injudicious. He had never lost
money in any concern but one, and that had auditors. In
is opinion the appointment would only be
ea removinc, the
Proper responsibility from the directors, which they oughti to
br.
,On the motion of Mr. CURRIE, it was unanimously de-
;Wed that the allowance to the directors should be increased
fllll,OOO/. to 2,0001. per annum, the increase to be made
rozi the last quarter-day.
.• Thank were then voted to the Chairman and directors, and
the
Meeting separated.
• 40X1)

ON-DERRY AND ENNIS

KILLEN RAILWAY.
The half•yearly ,eneral meeting of the directors and
shareholders in thisl'companv was held on Saturday, at the
iQhl,an,),''s offices, 5, Church-passage, Guildhall; J. G.
an,i,tiTti_Lusa..etrisrean of the company, presided.
dement calling the meeting having' been read,
eue minutes of last meeting confirmed,
to" Cifarastax said that it would be unnecessary for him
hearadd °lle word to the report which the shareholders would
:, read, as that document had been very carefully consi-
tered and was most full in its details. He should therefore
,Ree call upon the secretary to lay it before the meeting. _
Rh. SECRETARY, Mr. Hemming, then read the report, of
Ica the following is a summary :
Portil.our directors have the satisfaction to report that the
of the line from Derry to Strabane is finished.
futEcient locomotives and carriages are provided to corn-
toll" a passenger traffic forthwith. Goods and cattle wag-
be added by degrees, as the means of the company
tti;""t, with a view also of as speedily as possible developing
treaources of the carrying department, from
°tn.!
vu'eusitiesatisfactory results are anticipated. The greatlaboured
from 9ee under which the city of Derry has so long
dint, its Post-office arrangements will be forthwith much
•. miotrell, the Postmaster-General having consented to this
• •`. alai' 3' carrying the mails; for which the necessary pre-
„;!tries are now under consideration.
lour direc•ters, availing themselves of the discretionary
',;;eciwers given to them at the last half-yearly meeting, have
Au,' such means for collecting arrears of calls as the indivi-
,Zaes of the defaulting shareholders appeared to demand;
, sin e result has been, to a certain extent, satisfactory.
in:e, november, of the arrears then due, an amount exceed-
'2,7°oi. has been paid up ; and of the amount still due,
e,°,naidered that a large portion will yet be collected.
the ',though circumstances have for the present prevented
Woeledi„tenslon of the works beyond Strabane, your directors
adv.„"rge most strongly upon the shareholders the great
wit,Cage which must result from their being proceeded
Per din the direction of Omagh, at the earliest
the er,' as the further development of the internal traffic of
"41ntrY with the port of Derry, would greatly increase
the
s;., tie link coMpared with the necessary expenses of working
Sion ; Te
oft 7 directors, being fully convinced that the construe-
. 10th railways would form one of the most important
leg dia,rl" to the Government in relieving the daily increas-
urge frets, felt it their duty to express this opinion, and to
4411 serious consideration on the Executive; and they
the G: report that they have had repeated conferences with
labieetverntuent authorities here and in Ireland on this
theit(?!l these various occasions they submitted the result of
the olliquiries and experience, which had confirmed them in
traej),Pi°n, that the Irish ralways at once offered the most
ernpr!ate, the most extensive, and the most profitable
the linent to that class of persons who require it ; and at
Feat fore time afford the most ample security to the Govern-
?rein
to!any loans which they might advance for this purposhe.
• 1-iffere„u.e great attention paid on all these occasions t e
tc members of the Government to the details laid be-
re
the Your directors had hoped this would have been one
the Measures
.prominently put forward by Government for
edepril distress in Ireland ; and although it has not yet been
~piect, Your directors remain fully impressed with the
itt(;)n that it will be found the only efficient mode of relief;
porno in in the experience of your directors that a very large
are of the works on this and other Irish lines of railway
labeoer)tecuted almost exclusively by that class of Irish
'tat o
()errs, thousands of whom are at the present moment in a
I>itlyTtiohtem:l:ptittioeh;ingrehetat,es, t destitution from the want of remunera-
-44 following report was also read from the engineer :
Mtn—As it is only recently that I have been ap-
laakee4 engineer to this line, I have but few observations to
they-h'esPectin the works connected therewitb, so far as
ave come under my superintendence.
trate early the whole of the work between Derry and Stra-
Alete?, ',jell is the only portion contracted for)
.was com-
Natio Defore my appointment, with the exception of the
of hem of the two bridges across the Foyle, and the laying
• titiio these way across the bog at Pothall. Since that
toy Luese works have been finished, and the whole line is
anon completed, and ready to be opened for public traffic so
hail 43 inspected and reported upon by the officer of the
locum Commissioners • for which object all the necessary
Ib ",rnents required by die Board have been forwarded.
411 e engines and carriages are now on the line, and
tire made an experimental trip on one of I a
to say that that portion of the linethe•enginesth across Poralin l
Lent referred to, seems to stand well, although the perma-
lavrictakDvetehrasrybeen laid but a few weeks.
. 0
°faces and sheds are now in progress of erection
and Strabane, which will be completed in the
nth
of a few days.
These buildings have been put up merely in a temporary
'atiner as'there is every reason to expect that the stations
4t either terminus may be hereafter erected on more suitable
yd convenient sites.—l have the honour to be, gentlemen,
111' most obedient servant,
" CHARLES LANYON.
:14.11 financial
Feb. 23, 1847."
to .• statement showed that the receipts amounted
1101...4,7464 15s. 5d., while the expenditure was
96e • :°'• 18e 7d leaving a balance at the bankers of
'
After 's-elod,'
Parts 6. a lest remarks on one or two paragraphs in the re-
*, 'PI different shareholders, the report was adopted.
LEATitAst, a local director, and Sir IL FERGUSON,
t:' advocated the progression of the works as speedily as
eu33lhlea because in proportion as the railway advanced
I°l4 Strabane, the farthest point to which wrheaicshedthaenrAiiwlwhainw4ites
holee es
length w
ed ,atshceottnrapfliiectedw,o uthlheNh.e
believed the line w ould
t4rn out profitable as any one in Ireland.
• CMAIRMAK moved a resolution, confirming the for-
;e,,,tare of shares on which the first call had not been paid,
le`Whole number being 533, which having been carried,
4he Criamatasr afterwards moved a vote of thanks to Sir
rot
Ferguson, Deputy-Lieutenant of the county of Kerry,
ir his valuable services to their line both in and out of Par
FERGUSON returned thanks, and assured the pro-
tietora that the line, as being beneficial to the county with
tr "1P he was connected, and the city which he represented,
. always have his support and best wishes.
ieB4auks
BeParated. were then given to the Chairman, and the meet-

Ln _
1)—TNI)ON AND MANCHESTER
1;14E0T INDEPENDENT RAILWAY CODS-
Itt'NY (REXINGTON'S LINE).
1104,,"aformity with a requisition; signed by nine share-
; the above company, the provisional committee con-
% tha 4 ttleati,ng of the shareholders on Satarday, pursuant
to ta, P.rovisions of the Railway Companies Dissolution Act,
soh,;`,,e Into consideration whether the company should be dis •
ttr",biand in what manner its affairs should be wound up.;
to 4,,'Paocas took the chair, and called upon the solicitor
I;ethe notice calling the meeting, which being done,
eaititioe amstasr said the next business would be the sp-
nt
Al.„. of the scrutineers.
rieto-2“)Pate•roa. then said that he stool there as the pro-(i
be w„.' of 120 shares, which he purchased at 11. premiu.m, an
Plana surprised that none of the parties who could give ex-
-1"a were there to make them. He wanted to know
4t had become of the funds?
sernenkatataNtax said that he himself was in a similar predi-
Prorei,t Fie could give them some information, hut he did not
Rite che to
satisfy them. The only information he could
Pity.„_„ra was this, that they would have nothing more to
A p"'aughter.) He had no report to give them.
Th„a_olPßlF.TOli.—Will the directors make no report ?
tAlEtatAlt—We have no report to give.
eou !LaPittizok said, if the chairman had a secret to tell,
ireukrit to throw himself in the hands of the meeting, who
The pro throw
him from the consequence of disclosing it.
la a Al:ti-inio,;inneyithAhl :ale'
tETm (, iN
pp.:l2"astati would give no further information.
directory,asaadin,orasnkoetd? if a report, or offer, was to be
that he had 800 shares allotted to
never sold a share at a premium. He sold them
tom_ raoPatEToe. wanted to know if an offer had not been
a.,„): certain directors of 7s. 61. per share?
by -uAss, a director, replied that that offer had been made
17,..ti1e of the directors on account of certain shares.
hirn''CHAIIMAN, in reply to the frequent calls made upon
that 4,Y several shareholders to account for the money, said
he had no report to give. The law-suits in which the
I-VPalav wereengaged made this course necessary.
r. 11 'denE f, no one would be more delighted than
011 Asy sat— t a
'r Id to see the accounts in the hands of the share-
holders. When a deputation of the shareholders was ap- I
110 inted at a former sleeting, to confer with the directors as to
sbe affairs of the company, he was in favour of the propo-
ition; but some difficulty arose in carrying out this object,
s'lting. to the absence from England of a director, and to actions
Notting at the time in the courts of law. This course, how-
Zer, did not obtain his full assent, but the majority of the
~..toetors then ruled what should take place. With regard
Z).•_oontributions, he thought, for the sake of peace, the direc-
b"uora would make some contribution, but after conferring with
tintneeoeft
th,,,,,,x1ie saw they could not obtain a SUM sufficient
pectations of the shareholders. Under these
cllirearn'tar'eas, he, from representations made to him by the
toTiorm'an of the c, mpanv, made an offer of 7s. 6d. a share to
to t, t'r 5,000 shareholders out of the 51,000. With regard
,ilee books of the company, they were in a mutilated state,
the ttecretary of the company had been out of the way,for
tt7t six months.
of th D• W. MULVEY entered into a lengthened statement
Dfietzat:ra3rticulars of the meeting in July last, when the de-
fttßia of shareholders was appointed to confer with the
as to the affairs of the company, which exertions
tvulrodnhe arrasAltttoegeernthener abortive. He acquitted Mr. Bass, Mr. Brooks,
to- a lew other of the directors, but the ,neat bulk of the
would make no sacrifice to meet the wishes of
11,areholders' deputation.
b 0,.; I:aoPareTon asked Mr. Bass if, in the event of his
itt/',11,g al) the 5,000 share, at 7s. 6d. he would give his assist-
s ,ri4 get the affairs of the company into bankruptcy, with
tg dissolving the company ?
kr
aßree;b, Ass replied, that as an individual, he was poite
real: ,e to the shares bein used in that way, and he was
to. render every assistance in his power.
atiTorutnieers were 'then appointed, and after the lapse of
Were`'ur spent in examining the scrip, reported that there

For the dissolution 7lO shares
Against ditto
For bankruptcy
And Against ditto-
-..nd ~_
•Luus ended one of the most noisy, angry, and irregular
4'o We have ever attended.
----
N

IhsI,9RTH WALES RAILWAY.
—.fur-yearly meeting of the shareholders in this Corn-
. toy w
a-3 held on Saturday at the London Tavern, B.ishops-
tlf e street, for the purpose of receiving from the directors
adopted as to the course they recommended to be
aln„e`l i 4 future, and for transacting the ordinary bu-
'3 of the meetings
title elte.iir was taken one o'clock by W. J. Chadwicke,
ellear.man.
the e notice, convening the meeting having been read,
thenq3ort stated, that as some important matters were
to , under their consideration, they were not in a situa-
th:a3 before the proprietors, in that report, the course
st4,regotemended to be adopted. The repot also
that there were five vseezkeies is the 13osrd,r
which

the &rectors proposed to be filled up by the election
of the following gentlement--.—Alexander Ross, Esq.,
Walter Joni-s, Esq , Joseph ;haw, Esq., R. J. Lawton,
Esq., Thomas Holmes, Esq. Mr. Charles Hll, the au-
ditor, would retire, and he of himself for re-election.
The following were the assets and liabilities of the
company, up to Jan. 30, 1847 :
ASSETS..

Investment at bankers' £30,000 0 0
Current account at bankers',
Cash is secretary's hands
Call unpaid .
Forty shares on hand l4O 0 0
Interest on investment to this date
Furniture, fixtures, &c.
LIABILITIES.

Sir John Rennie claims *.£ 1 0,488 0 0
Messrs. Williams and Breese claim
Mr. Sturmy
Auditors
Direction
Dividend on deposit and cull not yet
applied for
Incidentals, including salaries and rent

40 0 0
350 0 0

87 15 8
80 0 0

• Amount disputed, and now under the consideration of a
court of law.

The following abstract of expenditure from passing of
the Act, 1845, to the present time, was laid before the
meeting :
Engineering expanses
Parliamentary agents
Law expenses—Mr. Shaw, solicitor to Mr
Archer, taxed costs in suit against him 2lB 12 4
Compensation—Messrs. Poole and Powell,
solicitors to Mr. Griffith. of Llanfair 4OO 0 0
Stationery account—books, stationery,
stamps, printing, engraving, certificates,
&c.
Salaries
Rent
Direction
Furniture, &c. Sic 223 13 6
*Office expenses, 1845 and 1846 202 14 2
*Miscellaneous expenses, 1845 and 1846
Travelling and deputation expenses
Auditors

.£3,596 19 7

• These items include the entire expenses since the forma-
tion of the company.
- - - -

The CHAIRMAN then said that the directors had hoped
to come to some arrangements with other Companies
to take the concern off the hinds of the Company at a
fair and ample remuneration. The mee,ing was aware
that great influence had been used to injure the interests
of the Company by a person whom he would not then
descend to name, neither would he enter into the state
ments put forth by that person. It was the opinion of
the directors that it would be advisable to construct the
line only between Bangor and Carnarvon. He would be
perfectly ready to answer any questions which might be
put to him. He would move that the report read, be
received, adopted, and circulated.
A SHAREHOLDER wished to know the position of the
company in regard to the claims of Sir J. Rennie.
Mr. STORMY, the solicitor to the company, said that
Sir J. Rennie had brought his action, which had been
pleaded to upon two grounds—first, that of payment ;
snd the second plea would raise the whole question, by
trying the general issue.
Sir J. RENNIE wished it to be understood that he had
done all he could to arrange the matter with the com-
pany ; he did not wish to go to law, far from it. At-
tempts to arbitrate the matter had failed, and he would
have no objection to have the matter referred.
Mr. BUTLER put a number of questions to the
chairmih as to the truth of a number of statements
contained in a pamphlet published under the title of
" A Black Book with a White Cover," by the late secre-
tary of the company.
The CHAIRMAN said that there was not a word of
truth in any of the statements contained therein.
Mr. ARCHER, who, it appeared, was the late secretary
of the company, contended that the statements were
borne out by fact, and prepared to read a number of
entries from a suspicious looking book with a cover of
brown paper (the only document in existence containing
the early history of the proceedings of the company),
but in consequence of the confusion created by this
mode of proceeding, ho was length compelled to desist.
Mr. MOTT proposed, and Mr. SHAW seconded, an
amendment that the meeting be adjourned, and a com-
mittee be appointed to inquire into the state and pros-
pects of the company.
The amendment was lost by a large majority, and the
original resolution was then agreed to.
The following gentlemen were then appointed directors
of the company for the ensuing year : —Mr. Alexander
Ross ; Mr. Walter Jones Joseph Shaw, of Hud-
dersfield ; Mr. Lawton, of Manchester ; Mr. Thomas
Holmes, of Hull.
Mr. Charles Hill was also re-elected to the office of
auditor to the company.
Again a scene of the utmost confusion ensued in con-
sequence of Mr. Archer's entering again into the
question of the statements of the " Black Book." In
the midst of this confusion a shareholder proposed a
vote of thanks the chairman, which was unanimously
agreed to.
The meeting then broke up, having lasted for upwards
of three hours,
and leaving Mr. Archer to the perora-
tion of a very violent speech.

THE BIRMINGHAM AND OXFORD
JUNCTION RAILWAY.
RENEWAL OF THE WAR BETWEEN THE
GREAT WESTERN AND LONDON AND
NOR l'H- WESTERN.
On Saturday afternoon, at two o'clock, the usual half-
yearly meeting of the Birmingham and Oxford Railway
Company took place at Dee's Hotel, Birmingham. As
it was expected that the quarrel between the two great
companies, the London and North-Western, and the
Great Western, would be re-opened, mostprobably, with
greater violence than ever, there was a very strong
muster of the friends of both companies from ...diverpool,
London, and all parts of the country. Among the per-
sons present we observed Lord Hatherton, Mr. Charles
Russell, M.P , chairman of the Great Western ; Mr.
Spooner, M.P. ; Captain Carnegie, M.P. ; the Hon.
J. C. Talbot ; 51r. Minim ; Mr. Brunel, engineer of the
tireat Western ; Mr. Saunders, secretary of the Great
Western ; Mr. Mosely, of Liverpool ; and several of the
directors of the London and North-Western Company.
Mr. Muntz, chairman of the company, and brother of
Mr. Muntz, M.P., took the chair.
The SECRETARY having read the advertisement
calling the meeting, and also the report, which was
very brief, and merely referred to the measures which
were being taken to forward the works, and to the cir-
cumstances of a call of 51. being about to be made,
The CHAIRMAN rose to move the adoption of the
report. and in doing so, begged' to state that every effort !
would be made to complete the line as speedily as
possible. Some unavoidable delays had taken place, but
he had no doubt that the line would be completed
within the specified time. With regard to the delay
which had taken place in getting the transfers made,
and regarding which there had been many complaints,
he begged to say that the delay arose in consequence of
the impossibility of getting the transfers completed as
rapidly as they were applied for. For some time they
had had as many as one hundred and fifty applications
for transfers in one day. The call had been
met with a promptitude never surpassed in the
history of any company. Indeed, so eager were some
gentlemen to make sure of having paid their calls, that
they actually wished to pay them twice over—(Loud
laughter)—and he was sure the forthcoming call would
be quite as well responded to. He wished to take that
opportunity of stating, that since the agreement with
tha Great Western had been completed, an offer had
been made by the London and North Western Company,
of much higher terms than they had received from the
Great Western. He felt it his duty to make this inti-
mation to the shareholders, in order that they might
officially be acquainted with all the circumstances con-
nected with the case. It was the more necessary he
should do so in consequence of what had since occurred.
The directors could not accept of the offer of the London
e an who Westerng av e
and North Western to take the line at 151. premium,
because they had previously ratified the bargain with
gentleman 1 Greatmthe Company.hvst
i Mr. Moseley
ntimation of the
of the London and North-Western Company to make
this offer. wntaesn intention
Mr. MusELET—I beg to state that the offer was made
by me, but not in the name or -on behalf of the London
and North-Western. I wish this to be
distinctly under-
stood.—(Order, order, and hear, hear.)
The CHAIRMAN—Tho London and North-Western
had since then made the same offer in a letter from that
company.—(Hear, hear.) I deeply regret that the offer
has been made ; for the offer having been made after the
line had been legally sold to the Great Western Com-
pany, it had only had the effect of creating a great deal
of unpleasant feeling.—(Hear, hear.) I must also al-
lude to a letter which some time ago appeared in the
public journals with the name of Mr. Moseley attached
to it. I presume Mr. Moseley - acknowledge the
letter.
MY. MOSELEY—I do.
The CHAIRMAN then went into a statement of the
various circumstances alluded to in that letter. He
dwelt with much emphasis on the fact tht.t. in October
last year, at a meeting of the shareholders, they unani-
mously, not even excepting Mr. Moseley, called on the
directors, indeed morally compelled them, to enter into
negotiations for the sale of the line, and even named the
Great Western as the only company with which they
were to negotiate.—(Hear, hear) This was not only
without the knowledge of the directors of the Birming
ham and Oxford Junction, but it was against their incli-
nation. They merely agreed to negotiate with the
Great Western, because they felt they were bound to
accede to the unanimous wishes of
a meeting of the
shareholders. Ile denied that the directors hail done
anything wrong They had but carried out the wishes
of the shareholders, and the agreement being made, they
would abide by it. He now moved that the report
be
adopted.
Mr. CROSSWAITER, of Liverpool, seconled the motion
for the adoption of the retort.
Captain CARNEGIE, M.l'., wished to ask, before the
question was put, whether it was the intentio:: of the
four directors, who, according to the Act of Parliament,
were to retire at that meeting, to retire from the board ?
The CHAIRMAN—The point as to whether they are
legally bound to retire at this time is one which we anti-
cipated might lead to some misunderstanding in that
room that day, and we have therefore taken the precau-
tion of getting the opinion of the Attorney-General, the
Solicitor-General, Mr. J. C. Talbot, and Mr. Godley,
and they are unanimous in the opinion that none of the
directors are bound to retire.
Captain CARNEGIE said that a body of shareholders
had also taken the opinion of the most eminent counsel
on the point, and that opinion was, that if the usual
number of directors did not
,retire, the directors would
occupy their places at the bead illegally. (Loud cheers.)

As many of the shareholders had not had their attentoin
called to the matter, it would only be a matter of
courtesy on so important a point, that they should have
a fortnight to satisfy themselves on it. He would there-
fore move, as an amendment, the adjournment of the
meeting till that day fortnight.
Mr. MosELEv wished, before the question of adjourn-
ment was put, to make some observations of an explana-
tory nature, in order that no misconception might exist
as to the facts of the case. (Hear, hear.)
The CHAIRMAN.—I have no wish to stop Mr. Moseley.
The more he speaks the better for us; but Mr. Moseley
must be aware, that on a question of adjourning the
meeting it would be irregular to go into matters of the
nature which Mr. Moseley wished to bring before the
sharehold rs.
Mr. MOSELEY--I think it very extraordinary on the
part of the directors, that, having acted contrary to what
was believed to he the law of the case, and also in oppo-
sition to the interests of the shareholders, you should now
seek to shirk the question and get rid of the responsibility
you have incurred by availing yourselves of a mere ques-
tion of form.—(Loud cheers.) I should have thought you
would have been glad of an opportunity of giving an
explanation. It is well known, at least it is believed,
that you, the director s, have parted with the greater
part a your interest in the company.—(Loud cheers.)
If you will tell the meeting on what grounds you attempt
to justify your procedure, when the meeting thought
that procedure contrary to law, the meeting will now be
Wad to hear what you have to say in your own justifica-
tion. If you have nothing but the interests of tho share-
holders at heart ; if having made all the profit you could
out of the property—(Loud cheers)—you are now de-
sirous of beeefiting the shareholders by the course you
have determined to pursue, you surely can have no ob-
jections to state the grounds on which you have acted,
and still mean to act.

A SHAREHOLDER (with much 'vehemence)— Why do
you conceal anything ?—(Cheers.)
The CHAIRMAN—That gentleman need not gesticulate
so violently.
A SHAREHOLDER—Give us the opialons you have
received from counsel.

The CHAIRMAN—This is not the proper time for that,
when the question of adjournment is before the meeting
—(Cries of " Oh, oh.")
Mr. MosELEr —You must be aware that there are
reports current in Birmingham and everywhere else,
which are not creditable to your character as directors
of this company. It is currently stated that you have
purposely sacrificed the interests of the shareholders to
purposes of your own, and that-
The CHAIRMAN—The statement you make is false.—
(Cries of " Order, order," and a great sensation among
Mr. Moseley's friends.) I do not mean that what Mr.
Moseley says is false, but that the report to which be
alludes is so.

Mr. MosELEY—I am glad, Sir, that you have with-
drawn that word. If you had not I should have sat
down. It made the blood rush to my face. Though I
do not belong to a certain assembly, I have the spirit
and sense to resent any insult, by whomsoever offered,—
(Hear.)
Lord lIATHERTON—It was not meant personally. I
did not so understand it.—(Hear, hear.)
The Crtainaraar—l did not mean anything of a per-
sonal nature to the Hon. proprietor. I merely referred
to a statement of others which he was quoting.
Mr. MosELv—l am glad to hear Lord Hatherton say
so, and also to receive a renewed disclaimer from you.
Sir. I will now forget the matter. I repeat that the
Property has been sold much below its real value. It is
wish the view of getting a fair price, and not getting the
line for the London and North Western, that I am pur-
suing the course lam now doing. If the Great Western
had given the full value for the property, you should
never have heard a word of complaint from me. It was
because the proper value is not given that I resolved on
adopting the course Tam now pursuing.—(Hear.) It is not
as a shareholder of the London and North-Western that
I stand here. I stand in this place as a shareholder
only of the Oxford and Birmingham Junction. I have
to complain of the chairman of the Great Western
(Mr. Russell) representing me as having said at a former
meeting that I was the mouthpiece of the London and
North-Western. I beg to deny that I ever said any-
thing of the kind. It was a personality to attribute such
words to me. I ask the chairman of the Great Western,
as a gentleman, is he prepared to substantiate the words
he has imputed to me ?
The CHAIRMAN—We are not here for the purpose of
going into matters of this nature. The words Mr.
Moseley complains of were not used at any meeting of
this company.
Mr. MosEnEv—They were used by Mr. Russell, and
that gentleman is present. I should have supposed that,
as a gentleman, he would feel glad of an opportunity of
either substantiating oa retracting his words.—(Cheers.)
Mr. RUSSELL—I beg the chairman not to interfere
between me and Mr. Mosely. When he has finished his
observations I will answer him.—(Hear.)
Mr. MOSELET—It is the custom in the House of which
Mr. Russell is a Member, for gentlemen to make any
personal explanations which may be necessary whenever
appealed to for the purpose.
Mr. RUSSELL—The Hon. Proprietor is quite wrong
as to the practice in the House of Commons. The
Speaker will not allow any such interruptions to the
usual proceedings to be made.
Mr. MOSELEY—Mr. Russell must be aware that such
is riot the practice. Whenever a Member complains
that he has been misrepresented, the party of whom he
complains must get up and explain at once. The Hon.
Gentleman refuses. This is only a continuation of what
has before taken place. The directors are to be every-
thing, and the shareholders nothing.—(Great cheering.)
I will not submit, so far as I am personally concerned,
to conduct of this nature. I demand a retractation or
substantiation of Mr. Russell's words.—(Cheers.)
The CHAIRMAN—I cannot see what I have to do with
a quarrel of tnis nature, which arises from what appeared
in the newspapers.
Mr. Mosanv—l give you great credit, Sir, for your
anxious endeavours to serve your colleague.—(Loud
directorsll,
t,cb,
hhxl unlessi
eepn eeedrehest
ta,eirdttr aghhthweiehxer
nipaerftrdeon3
,tifiwoino
profits
se.
et
thyrßrteeuharus
interested,
dhee
at
gdfnaaidei
ssmnl
sttaehaa
matter
a(nslbtettoylsoeeu.
else.—(Loud
their
gentleman,
wispwvhhiseioaohe
uufthaielsl
rlddoaet
Isdilvwilt,
he.
tihavenhas:i
laughter.) lam Mr. Russell's equal in every respect.
and will not tamely submit to be maligned by him. I
wish that there may be no mistake on that point. 1
state in the boldest, broadest, and most distinct manner,
that I never used such language, and I defy any breath-
ing man to prove that I did.—(Applaust-.) I will not
be daunted nor diverted from pursuing the course
which 1 think proper in reference to this company. I
repeat what I before said, that the sale of the line
to the Great Western was made when the real share-
holders were not in a position to vote.—(Deafening
applause.) I say that it was disgraceful to act ;in this
manner. You may " Jump Jim Crow" as you will,
but you shall not be allowed to have matters your own
way. I warned you that when the registration was com-
pleted, we would undo what you have done. You have
acted illegally throughout, and that you will find out
before a long time has elapsed. You have sacrificed the
shareholders. The value of the line, as being confessed
by yourselves the battle-field of the broadguage question,
must have been apparent to you. You could not have
acted as you have done from ignorance ; but we have de-
termined not to be defeated. I have entered on my
course and will pursue it.—(lmmense cheering.) We
have at least seven-eights of the shareholders with us.
I shall not retire from this contest so long as there is
one inch of ground on which to battle with you. Mr.
Moseley then sat down amidst greet cheering.
Mr. RUSSELL, M.P.—I will now answer the question
of the Hon. Proprietor. I was not present at the meet-
ing at which he was said to have made use of the lan •
guage imputed to him. In making the statement I did,
I acted on information communicated to me by gentle-
men who were present, and they assured me, and they
still believe, that he did use the expression, that he was
not only authorised to make the offer of 15/. premium
on the shares of the Birmingham and Oxford ,
Junction Railway, but that he was the mouth-
piece of the London and North-Western Com-
pany. I have no right to doubt that gentleman's
word, after the disclaimer he has made, but it is right I
should say that the whole circumstances connected with
the conduct of the London and North-Western Company
in reference to this company, must come before a higher
tribunal, in order that the whole matter may be
thoroughly sifted. It will then be for us to get what
proof we can of what was actually said on that occasion,
and it will be for Mr. Mosely to disprove, if he is able,
his having so expressed himself. But even supposing
the words had been erroneously imputed to him, I cannot
see what right he has to complain. It is no imputation
on him. Good God ! am Ito be prohibited from re-
peating language which I had been told by most respect-
able persons the Hon. Gentleman made use of at a public
mufeue.i,trirsni guAßni.iouesTs3Es,hLoEiEuLsrL,y_ga(
authority.")
ihttlwohermi t
yei; is perfectly puerile.—(Cries
Mr. MOSELEY Gr.
we us the name of your informant
at
Aonee.—(Uproar and cheers.)
discreditable. is most
and
then
seeks
to shelter
lt. ui vs iseehgl.hel
iiniveerlncoo_anTswhaetr,
Ihesraey. I will
answer it in another place
proceedaiungos.ffouLeeet,
and
dmh tea
himselfk
em brings7eiisf
bya chargethreat a goafi n
futures t me,
caohuarus e.
,Pspaliadusteh.)e meeting have
hdet o
wanderedha s
bearcom-
mitted
pulsniisrh. msr.eonot.N—E(El:omud
.pa.
from the great question at issue. Theg directors only
acted in accordance with the wishes of the shareholders
thein selling the lino to the Great Western. It was n
choice of theirs ; on the contrary, they were unwilling
at the time to dispose of the line at all. They will now,
as holiest men, carry out the agreement under any cir-
cumstances.
curnstances.
The motion far adjournment till this day fortnight was
than put and carried, with only one dissentient voice.
The friends of the Great Western, seeing their oppo•
namenetnsdhinsednat.n mr'ehrewelxietlrma(i)nrgdimnaarjyority,d idnot (oPtpth thee
proceedingsday
then closed, without even the customary vote of thanks
-hairman.