The Sun.
London, England, 1847-02-27 00:00:00

E _
FEBR UARY 27, 1847.
LANDON SAT UR-0 kY .; ..4
7
, _ 4,4,..1.4 • :4

PUBLICATIONS.

No. 111. will be published with the Magazines.
THE MAN IN THE • MOON
" This is an admirable sixpennyworth of fun. The illustra-
tions, by Phi; Meadows, Hine, Thomas, Br,e., are cap4al; and, as
the Engineers for the Amalgamation of the Broad Gauge of Fancy
with the Narrow Gauge of Fact into the Grand General Amusement
Junction, Albert Smith and Angus B. Reach, beat the Brunels and
Stephenson hollow. The "Man in the Moon" is one of the most
pleasant companions for the fireside, or for a railway trip, that has
ever tendered his services to a laughter-loving public."—Sun.
Nos. I. and 11. have been Reprinted, and may be had of all Book-
sellers. Office, 17, Warwick-lane, Paternoster-row.

Bo N'S STANDARD LIBRARY.
VOLUME FOR MARCH (VOL. XVI..
LANZI'S HISTORY OF PAINTING,
A Revised Translation, by THOMAS ROSCOE, complete in Three
volumes. Vol. 1., with flee portrait of Raphael, price 3s. 6d.
York-street, Covent Garden.

GUIDE TO MINING OPERATIONS.
A great increase ofinvestments in Mining having taken place
in consequence of the Stat:stics of Profits, published in the RAIL-
WAY HERALD, it has been determined to publish a Series of
authentic descriptions of all Mining Companies, under the name of
the " MINING SHAREHOLDERS' MANUAL," in the RAILWAY
HERALD, which is the only Mining, Railway, and Banking News-
paper.

Saturdays—Price Stxpenee, Stamped.
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Published This Day, in fep. Bvo., price 2s. sewed,
ALPLEA to POWER and PARLIAMENT
for the WORKING CLASSES. By R. A. SLANET, Esq.,
late M.P. for Shrewsbury, and one of H. M. Commissioners for
the Health of Towns.

By the same Author,
AN ESSAY on RURAL EXPENDITURE. 6s. Gd.
OUTLINE of the SMALLER BRITISH BIRDS. 4s. 6d. -
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EPHEMERA ON ANGLING.
On Saturdaynext will be published, in fop. Bvo.. with Illustrations,
A HANDBOOK of ANGLING • teaching Fly,
„CX. fishing, Tr liing, Bottom-fishing, Sahnon-fishing: the Naturs
History of River Fish, and the best modes of Catching them.
By EPHEMERA, of Ile:Ps Life in London.
• London : Longman, Brown, Green, and Longmans.

r liflE BLACK BOOK of ENGLAND, Part IL,
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Part 1., Price Is., presents a complete view of the cost, delays,
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PRICE SEVENPENCE.
Contents of the Monthly Part for March of the
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Scene fromller's Robbers. Kaulbach.
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Satan PI tying with Man for his Soul. Von Holst.
T Lovers. C. W. Co•:e, R.A
Also about FORTY ORIGINAL PAPERS : including
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Democracy in Europe. Joseph Mazzini.
Man of Impulse, &c. Mary Leman Gullies.
W. J. Fox. The Editor.
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Chamberlain and Cheap Theatres. A. B. Reach.
Phantoms of St. Sepulchre. Charles Mackay.
Earthquake in the Abruzzi. L. Merlotti.
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HOWITT'S JOURNAL OF LITERATURE
AND PROGRESS. Edited by WILLIAM and MARY
lIOWITT.

Contents.—This Part contains Five fine Engravings ; viz.—l.
The New Islington Cattle Market 2. Portrait of the late Joseph
John Gurney, of Norwich, from an admirable family painting by
Richmond, beautifully engraved by Linton 3. The Lover, from the
German, engraved by George Measjm. 4. A Peep into the Oden-
wald, by Sonderland, finely engraved by W. Measem. 5. A Vignette
of February, by the celebrated Kaulbach.
The Literary contests are:—Visits to Remarkable Places by
Willi Howitt. Letter from South Africa. The Canker and the
Cure, by Silverpen. Indirect Advantages of the Temperance Refor-
maton, by Philip P. Carpenter, B.A. Poetry.—The Lover, translat, d
from the German, by Mary Hewitt. Sonnet to the Americans, by
Thomas Cooper. As it should be, by Edward Youl. A Grey-Beard's
Carol, by J. B. Kington. A Winter Picture, by W. Howitt. Childhooi,
by G. S. Phillips. There's Something Wrong Somewhere, by Ed-
ward Youl.—The Month in Prospect, February, by W. Hewitt,
Colcumroe Abbey, by R. H. Horne. Common Lodging-Houses, and
a Model-Lodging-House for the Poor. 'Two Scenes on the Danube,
by Hans Christian Andersen. Memoir of J. J. Gurney. Ireland,
the imperative necessity of a Universal Agitation in its behalf, by
William Howitt. Bob Racket's Shoes, by Edward Youl. Universal
Lanuage and Phonography, by Goodwyn Barmby. Physiology for
the People, by Dr, Carpenter, F.R.S. The Philanthropic Assassin,
by R. IL Horne. Earliest Flowers of the Season— l'he Winter
Aconite, by William Hincks, F.L.S. Penny Wisdom, No. 11., Poi-
soned Peas, by a Maii,of No Party. A Dapper Little Londoner, by
John Strides, the Literal)? Policeman. Author v. Critic, William
Hewitt and the Athenaeum. Tour in the Odenwald, concluded. Free
Trade Recollections. Syria, by Dr:Bewring. Itinerating Libraries,
by Dr. Swags.... The Philanthropic Assassin, concluded._ Exhibition

Literary Notices. Weekly Record of Facts and Opinions, &c. C.
Published for the Proprietor, at 171, Strand, London, and sold by
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DR. CULVERWELL en HEALTH, HAPPINESS, and
LONG LIFE.
In pocket volumes Is. each, by pest (In stamps), Is. Gd. each.
LION. TO BE HAPPY.
" Jeannie Tivere."—Cie.

WHAT to RAT, DRINK. and AVOID.
(With Diet-tables for all Complaints )
3.
MARRIAOR and its MYSTERIES.
" To be, or not to be, that is tke qtt:stlon."—Shakspoare
4.

Tke PASSIONS—Their ADVENT and CONTROL.
" Cure at valerul."

These publications are free from empyrical mysticism, and are
adapted to the intelligence of the times.
To be had of sherwood, 23, Paternoster-row ; Mann, 39, Corn-
hill; Carvalho, 147, Fleet-street; and all Booksellers, or direct from
the Author, whose practice is exclusively devoted to home consulta-
tion, Mornings till Three, and in the Evenings from Seven till
at 19, Argyle-place, Regent-street.

THE LATE DEATH by PRUSSIC ACID, &c.,
at CAMDEN-TOWN.

PROOF of the IMPORTANCE of the MEDICAL LIBERTY of
the SUBJECT.

People of England—Let this case be a warning to you all. If the
unfortunate girl and her friends had not been completely under the
thumb of the doctors—that is, had she or they been capable of
judging for themselves (which is what hygeists mean by the medical
liberty of the subject), she would be still alive ; but as it was, the
most deadly poisons were given her "me 'icinally," which she
swallowed with confidence ! I There can be no safety until you
shake off the chains that bind you to the chariot wheels of the
doctors—in other words, until you become like hygeists, your own
doctors.

No case can prove the importance of the medical liberty of the
subject (that is to say, trusting only to one's self and friends in cases
of disease), more than the melancholy case of Miss Collier.
The British College of Health have warned the public fir many
years against these deadly chemical preparations, which can only be
used without killing by grains and drops. As to their curing in any
case, it Is quite untrue. Of course, in order to have the medical liberty
of the subject as eontended for by hygeists, all deadly chemical pre-
parations must be done away with, and nothing dangerous left in
the way of the people. So long as dangerous things are tolerated,
there must be persons to advise the quantity to be taken; herein
lies the whole secret of the question, and the key to all the opposi-
tion of doctors to hygeists. Many persons think that because prus-
sic acid and other deady chemical preparations can be taken in such
doses as not to kill at once (as in the case of Miss Collier), that,
therefore, they are a cure for diseases. Nothing can be more falla-
cious), han such an opinion. It certainly would be most satisfactory
to the public if the medical world would explain upon what principle
it is that prussic acid, Sec., is to operate as a cure for disease. Let
them explain the modus operandi of that poison, and then the public
will say whether it is possible that it can, under any circumstances,
do good. Why we ask, is not its operation to paralyze the action
of the heart, and through that all the other organs of the body ? Is
it not so? And is not this also the true modus operandi of all other
powerful narcotics or sedatives? Then, if it be so, upon what prin-
ciple are such poisons to cure dissases ? Hygeists have now for up-
wards of 20 years been contending this question with doctors ; every
manoeuvre has been attempted to divert the public mind from the
point, but the truth seems at last coming to light. We are aware
that the existence of the medical profassion depends upon this ques-
tion of poisons, because if they are to be taken " medicinally." the
medical body is certainly entitled to a monopoly of the healing art.
If they are not, then every one ran ba h a own doctor, and therefore
the whole fabric falls to the ground. As to Dr. Cronin being a
German M. 1)., we think that has very little to do with the question,
so far as the public is concerned, because it is well known that Eng-
lish M.D.'s use these deadly chemical preparations " medicinally,"
as welt as German M.D.'s. Are we, therefore, to infer that Dr.
Cronin has been selected because he has only a German diploma ?
We emphatically declare that there is no experience to justify the
administration of such deadly poisons, either by German or English
doctors.

We have much pleasure in stating that our petition to Parliament
against the use of poisons "medicinally" is meeting with unusual
support.

We say again to the public, look to the 4th Hygelan print,.whereit
the whole of the question as to poisons being held out " medicinally"t
is fully brought before you in all its bearings. This print may be
had at the Ilygeist Office, 368,
loured; 6d, extra ii sont by post. Issued by
Strand, price 6d. plain, or Is. co-
THE BRITISH COLLEGE OF HEALTH.
New-road, London,
For and on behalf of Hygeists.

London, Feb. 25, 1847

2s. 9d., 45. 6d., and I Is. each Box. Post free, 35., 55., and Its.
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G. Thomson, M.D., Member of the Universities of Cambridge 'and
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sician-Aceoucheur to the Ladies' Benevolent Association
on the Principles and Practice of Midwifery, &c.; George Jewel,
M.D., physician-Accoucheur to the Middlesex Infirmary, Lecturer
on the Principles and Practice of Midwifery, and the Diseases of
Women and Children ; and Mr. Thomas Bailin, Surgeon, of meryie.
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Persons residing in the remotest parts of the country can be
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All letters to be :Mr
London," eased to " M. 0. WRAY, 89, Fetter-lane,

LECTURES on DESCRIPTIVE ASTRONOMY during LENT, at the
ROYAL POLYTECHNIC INSTITU iION,
by Dr. BACIIHOFFNER, en the Mornings and Evenings
.4 Mondays, Wednesdays, and Fridays, w;th Illustrations, in
which the latest discoveries are included, accompanied with new
and appropriate Music, by Dr. Wallis. Lectures on the EL ECTRO-
MAGNETIC TELKGRAPII ou the alternate Mornings and Even-
ings, illustrated by a variety of Models, Including those of the
the recent Patent of Messrs. Nott and Gamble. The Models and
Chemical Lectures. The Optical Effects include the last beautiful
DISSOLVING VIEWS. Experiments .with the DIVER and
DIVING-BELL, &c., &c.
Admission is. Schools, half-price.

BEARD'S COLOURED PHOTOGRAPHIC
PORTRAI PS are taken at
34, Parliament-street, Westminster;
35, King William-street, City; and
The Royal Polytechnic Institution, Regent-street.
"We would especially notice the admirable effect of the flesh
tints, which appear actually embodied in the miniature, and not, as
we generally see them, spread on the surface ."—Art Union.

AF.MPLOYMENT.—Persons having a little time
to spare are apprised that AGENTS continue to be appointed
P in leaden
in London and country towns to the EAST INDIA TEA COM-
PANY for the SALE of their celebrated TEAS. Offices, 9, Great St
Helen's Church-yard, Bishopsgate-street. They are packed
canisters, from an ounce to a pound,with the price and weight
marked on each packet, and but little trouble is occasioned by the
rate. The only license required is I is. per annum, and many during
the last 20 years have realised considerable incomes by the agency,
without Is. let or loss. .
__

WATERFORD, WEXFORD, WICK-

LOW, AND DUBLIN RAILWAY.

The ordinary half-yearly meeting of the shareholders in
this company was held yesterday at the offices, 449, West
Strand; Lord Courtown, in the chair.
The SECRETARY then read the following report :
"The directors, on the first occasion of meeting the pro-
prietors after their re-election, avail themselves of the oppor-
tunity afforded them to express their sincere thanks for this
gratifying mark of renewed confidence.
" The report of the directors, which the proprietors
adopted at the late general meeting, so fully indicated the
course whieji they deem . the most expedient to pursue, in
furtherance of the important trust confided to them, as to
render unnecessary any detailed statement from them on the
present occasion.

"They have not subsequently seen any reason to depart
from the general line of policy therein proposed to be followed,
but as . the long adjournment of the first meeting from
the 21st of December to the 17th of February has necessarily
delayed, to some extent, the progress of the company's
operations, the directors, governed by the intention expressed
in their first report of making no call upon the share-
holders beyond the amount which the exigencies of the
company at any time actually require, have considered that
they may, without danger or embarrassment of the in-
terests of the undertaking, reduce the proposed amount of
the first call from 30s. to 10s. per share. They hare ac-
cordingly made a call of 10s. per share, payable on or before
the 10th day of April next.
"The preliminaries for setting out the line have been com-
menced both between Enniscorthy and Wexford, and Kings-
town and Wicklow ;. and in the latter case have been so far
advanced that the works may be proceeded with as soon as
the directors deem it expedient to contract for them.. They
have been much gratified by the zealous co-operation and
assistance which their officers have received from the noble-
men, gentlemen, and others, interested in the land through
which the railway will pass, in these portions of the line.
" The Amendment Act, the application for which to Perlis-
ment the proprietors sanctioned at the late general meeting,
has passed standing orders without opposition.
" Thwaceounts of the company tiave been. audited suL-
sequently to the late meeting, and the report of the auditors
is as follows. It is trusted that the pecuniary position of the
company's affairs, as therein shown, «ill be deemed highly
satisfactory by the proprietors.
"AUDITORS' REPORT.
" We, the undersigned, the auditors duly appointed to
audit the accounts of the Waterford,'Wexford, Wicklow, and
Dublin Railway Company, do report that the accounts have
been submitted to us, and that we have examined the same.
with the vouchers of each separate account, and have found
them in all respects perfectly accurate and correct. We think
it right to add, that the system upon which these accounts
have been kept appears to us to be highly satisfactory, and
to reflect great credit upon all concerned.
"E. S. CODD, Auditors."
" F. W. SLADE,
The accounts laid before the meeting stated the amount of
receipts, deposits on shares, to be 112,779/.
Expenses before obtaining the Act to be £35,414
Expenses after obtaining the Act 4,703

Total amount of expenditure , £0,117
Leaving a balance of 72,6621.
Mr. BI'DosALD moved that the report should be adopted
and printed.

Mr. DICKSON felt he would not be doing his duty to him-
self and his fellow-shareholders if he did not protest against
the report. It stated that the accounts appeared to the
auditors to be highly satisfactory. No doubt they would ap-
pear satisfactory to them an i the directors; but these auditors
had not been appointed by this meeting, and the feeling could
not be suppressed beyond the room that this auditing had
taken place in secrecy. He was convinced that had auditor:,
been appointed by the meeting, they would not have been
allowed entrance ►nto the directors' private room. Here,
then, they had 16,000/., Parliamentary agents and law ex-
penses huddled up together in one sum ; and here was
10,000/. engineering expenses, huddled. up in another sum,
without one word of explanation as to details. Why,

they did not know hnuw. their money was being
spent. spent. Ile himself had heard—he did not make tit.
charge—that large sums had been given away in hush
money, for secret service, and such like, in Ireland. It things
were stated more satisfactorily, the effect would be more satis-
faction. lie then found fault with the small amount of
money called for by the • directors—a sum amounting to
some 20,0001.—which would not make a mile, instead of
130; it would not bore their tunnel thrt ugh Brayhead. He
thought that the call ought to have been something like 51.
a share.

Mr. REYNOLD thought, with the gentleman who had
spoken, that if one of the auditors had been a gentleman ap -
pointed on, the part of the discontented shareholders, of
whom he was one, the report would have had more weight
with the meeting. That report was merely an echo of the
report put forward by the directors on the 21st December
last. By the report of the 21st December the directors had
72,9251. in hand. He now asked by what common-sense or
mercy the directors had, within 48 hours, made a call upon
the shares, making up an additional sum of 40,0001.? But
he was afraid that, as respected the answer, they might as
well " call spirits from the vasty deep."—(Laughter.)
He wished to know to whom the 50,0001. had' been lent at
4 per cent. interest?
Lord COURTOWN declined to answer him. _

Mr. REYXOW, after remarking on the salary allowed to
- • - ••

the Secretary as being too large, regretted that the directors
had not met the shareholders in a more amicable spirit. He
concluded by moving, as an amendnunt, that the report of the
directors was not satisfactory, and therefore ought to be re-
jected.
Mr. Dictsok seconded it.
Captain WARRINGTON asked why, when so la, ge a pro-
portion of shares were unsubscribed for, the directors had not
called a meeting of the shareholders and made it known ?
Lord COURTOWN—We did not feel it our duty.
Captain WARRINGTON—What have the directors done with
the reserved shares ?
The Cumnmarr declined to answer.

Captain WARRINGTON asked whether it was keeping faith
with Parliament to borrow a large sum of money to comply
with the standing orders?

The CHAIRMAN declined to answer.
After some observations from Dr. GRAY,

The CaktamAN put the amendment, and declared it was
lost. _

The original motion was then put and carried.
Mr. CORE proposed a vote of thanks to the Noble Chair-
man and his colleagues in the direction, which was seconded,
and carried. _

The meeting then separated

LYNN AND ELY RAILWAY.

The half-yearly general meeting of the proprietors of the
Lynn and Ely Railway was held yesterday morning, at the
London Tavern; Mr. Henry Lacey, Deputy-Chairman of the
Board of Directors in the chair.
The report stated that at the general meeting of share-
holders, in August last, thedirectors expressed their anticipa-
tion that the portion of the line between Lynn and Derelum
Market would shortly be ready for opening. This anticipation
was realised; for, altr inspection and approval by the Go-
vernment officer, this part of the line was opened for
traffic on the 27th of October. It was never expected that a
large trade could be carried on upon so short a length of
railway. The object was more for the sake of acquiring
a staff for the working of longer distances, and for testing
the qualities of the men and machinery. than for any
purposes of profit. The directors, however, had the sa-
tisfaction of stating, that during the short period which had
since elapsed, and that, too, in the midst of a severe winter,
and whilst all the usual and ordinary means of travelling
still exist, the traffic had quite come up to their expecta-
tions. By arrangement with the directors of the other lines,
constituting with this the East Anglian Railways, engines
and carriages had been ordered. FOur engines of the very
best-construction had been already received from Messrs.
Sharp, Brothers, of Manchester. The directors need hardly
say that their quality cannot be exceeded. Others will
shortly be delivered. The companies were in possession of
eight first-class, seven second-class, and ten third-
class passenger carriages. Others were in course of delivery.
In order to meet the great difficulty at present existing of
obtaining railway plant, the directors had established work-
shops for the construction of waggons and trucks for the
conveyance of goods. It was fully expected that the line
will be completed, through to Ely, by the end of the mouth
of July. The Bill, for amalgamating this company
with the Lynn and Dereham and the Ely and Hunting-
don Companies, and the Bills for the extension lines and
other works promoted by this company, had severally passed
the Standing Orders' Committee of the House of Commons.
Touching these Bills, it was zratifying to your directors, that
the proprietors had sanctioned the amalgamation of the three
compinies, and also that it had been the, pleasure of the pro-
prietors to accede to the terms of the lease of these railways
to the Eastern. Counties Compan). With respect to the ex-
tensions and other works, it was already understood that
these would become, as by agreement, till property of the
latter company. The receipts amounted to -326,11q*, and
the expenditure to 301,3541.; leaving a balane,,, of 24,7611. in
hand.

In answer to questions,
The Cuairtafas announced that the agreement for lease
had been settled by the Eastern Counties Company, and it
Would be sealed and delivered to-morrow. The directors did
not anticipate making another call for the present
The report was adopted, and the retiring auditors and di-
rectors re-elected.
• The sum of 6001. was voted to the directors for their ser-
vices in the past year.
A vote of thanks to the chairman and directors was pro-
posed, which was met by an amendment,. put forward by
the section of shareholders who disapprove of the leasing to
the Eastern Counties Company, that the directors be omitted
from the resolution.
The amendment was, however, negatived, and the original
motion carried.

LYNN AND DEREHAM RAILWAY.
The half-}early meeting of the proprietors of this line was
then held ; Mr. Lacy in the chair.
The report was precisely the same as the one read at the
previous meeting. The receipts amounted to 224,909/. Os. led.,
and the expenditure to 149;423/. Os. 10d., leaving a balance
of 75,3861.
through
The was adopted, and the other formal matters gone
The sum of 6001. was voted to the directors for their ser-
vices in the past
ELY AND HUNTINGDON RAILWAY.
The half-yearly meeting of the proprietors of this line was
then held; Mr. Lacy in the chair.
The report stated that the directors con
Sdently anticipated
that the portion of this railway, between t. Ives d
tingdov, would be opened for traffic in the month of May
next. In pursuance of the provisions of the Companies
Clauses Consolidation Act, 1845, two of the directors retire
from office. Mr. Lacy and Mr. Reynolds retire on this occa-
sion, but were re-eligible, and were willing to act again.
W. Tinker, Esq., one of the auditors. also retired, but was
eligible for re-election, and offered himself accordingly.
The receipts amounted to 110,985/. 15.., and the expenditure
to 97,5931., leaving a balance of 13,392/. 15s. in hand. '
The report was unanimously adopted, and the retiring
directors and auditors having been re-elected, the sum of
600/. was voted to the directors for their services in the past
year.

We hear thaf—diere is a very good attendance of
Nimrods at Melton Mowbray this year, and since the opening
of the railroad the journey from London can be perfermed in
a very short time ; and Mr. Hudson has made an arrange-
ment which enables Noble Lords and M.P.'s to hunt all the
morning in Leicestershire, and to be in their places in Parlia-
ment the same evening.

SOUTH-WESTERN RAILWAY.
The general half-yearly meeting of this company was held
yesterday, at the Terminus at Nine Elms; W. Chaplin, Esq.,
the chairman' of the company, in the chair.
The advertisement convening the meeting having been
read,
Mr. CAMPBELL, the secretary, read the report, and the
minutes of the last spedial meeting on the 17th November,
which were confirmed by the meeting.
Mr. CAMPBELL then read the general report, the substance
of which was as follows:

" The directors have much satisfaction in being able to
state that notwithstanding the somewhat diminished receipts,
in consequence of the great reduction of passenger rates, they
did not contemplate any diminution in the dividend.
"The gross income in the past six months amounts to
196,323/. ss. 2d.; the gross expenses, including interest on
borrowed capital,' amount to 98,5681. 10s. 5d.; showing a
balance of 97,754/. 14s; 9d., out of which the directors re-
commended a dividend of 21. 2s. 6d. per share, subject to in-
come-tax ; the warrants to be issued on the Ist March next.
" The directors have much pleasure in stating that the
Bishopstoke and- Salisbury Branch has been inspected by
the Government, and will be opened to the public on the Ist
of March. In order that the holders of the stock raised for
the construction of this line may be in some degree compen-
sated for the delay which has taken place in the completion
of the work, the directors thought it right to suggest that a
vote should be submitted to the prqprietors, at the next half-
yearly meeting, for. payment of 6,000/. to these shareholders,
by way of interest, at 5 per cent., from the Ist January to the
30th June next, from which latter day they will participate
in dividend with the holders of the parent stock.
" The directors had received a report from Mr. Locke on
the subject of 'the Bishopstoke and Salisbury line, and the
other works now in course of execution, showing the great
difficulty of proceeding with them, owing to the late 'severe
and uncertain weather. He said further, that in reference to
the lines sanctioned. by Parliament last session, I have to re-
port that the following have been all marked out, the con-
tracts let, and the purchases of land are under negotiation
Fareham and Portsmouth ; Guildford ..and Godalmingl
Guildfor.d, Farnham, and Alton.;_ Weyl)flitge :and Chdrtsey ;,
-144,4e744*-an_ d FaliSbury. On all th'iselines tli;'Works are
commenced at various points. The extension line to York •
road and Waterloo-bridge is progressing satisfactorilv, al,
though the frost has to some extent retarded the brickwork.
It advances, however, sufficiently rapidly to keep pace with
the purchase Of property along the line.
" As regards the important Bills now before Phliament,
promOted by this company, or parties in alliance with them,
the directors reported, that all but the Cornwall and libvon;
Central and Plymouth Railway Bill had passed the stand 4
orders. After a technical scrutiny of the severest kind, con-
'ducted before the Examiner of petitions in London, supported
by the joint efforts of four great companies, the memorialists
against this Bill have been referred by mutual consent to the
examination of independent engineers,- who are now conduct-
ing the inquiry on the ground. The directors are assured
that, whatever the result may formally be, no error can be
established of a substantially objectionable character, or such
as ought to withdraw an undertaking of such. comprehen-
sive usefulness, from the consideration of Parliament on its
merits.

-" The directors feel that they have cause to continue most
confident of a successful issue in their several pending ap-
plications to Parliwnent. Every succeeding investigation of
the great system of uniform communication which the pro-
prietors by their enterprise and confidence have enabled their
directors to -propose to Parliament, cannot fail to result in an
:increased development and appreciation of their merits. The
directors might instance, although this has never bean pro-
mi,nently stated, the high probability that on the construction
of these railways, a new and most convenient line of com-
munication will be established between the North of Devon
and Cornwall and the eouth of Ireland, and such as would
attract a large proportion of the traffic passing between Ire.
.land and the soutlrern parts of England. On the whole the
directors are confident that public works more comprehensive
or more likely to be of national service, were never submittec:
to the consideration of the Legislature.
" The directors confidently anticipated obtaining the North
Devon and Cornwall lines, and believed that they Would ob-
tain increased traffic with the south of Ireland, and, with a
view to render this great system yet more complete, the
board have entered into a conditional agreement with the ,

Taw Vale Hallway and Dock Company, to take °Ye-fourth
of their capital, and for a perpetual lease of their railway and
works, .by means of wh ch, and a short branch from fh:
Cornwall and Devon Central line, both Plymouth and Ex-
mouth will be brought into connexio❑ with the north coast
of Devon by railways of a uniform gauge and management.

The rent to be paid by this company is 5-per cent. per-annum
on the cost of the Taw Vale Railway and Works absolutq,
with 10s. per cent.. additional should the line actually earn
51 per cent. The lessors are also to have half the surplus
profits. Three of the directors of this company have been
elected members of the Taw 'Vale board, and by the nomi-
nation of Mr. Locke as engineer of that 'company, and other
guarantees, the board trust that they have secured the sound
and economical execution of the works, the lease of which
they now recommend the 'proprietors to confirm. This ar•
rangement will include the Crediton and Exeter Railway,
should the Taw Vale Railway Company purchase or lease

that undertaking. - . - -
" The directors deem it important the proprietors should
be informed that the capital recently created in tenths and
new shares has been subscribed, and the deposits paid up with
unprecedented punctuality ; and it must be satisfactory, alike
to Parliament and to the proprietors, to know that, however

large the undertakings in. which the company are concerned
ample provision has been thus made for meeting every en.
gagetnent. . . . .

The members of the board who retire by rotation are
Sir John Easthope, Bart., M.P., the Count Eyre, and Mr.
Vincent Eyre, whom their colleagues cordially recommend
for re-election," - - -
The report, which was received with much cheering, was
then put, and
The CtrammAN, in moving its adoption, said that was the
report for the last six months, and he trusted it was satis-
factory. He would not conceal from the meeting that both his
colleagues and himself had felt considerable anxiety respect-
ing the measures they had adopted when they entered upon '
the free reduction of the fares last May. Ile was aware that

he movement was a popular one, and It at any rate was a
iberal one, and that generally was the right one; but it had

had the effect of absorbing the usual surplus of 9,000/. or
10,0001., which was usually ready to carry to the benefit of
the spring dividend, and that surplus was now under 2001.
Notwithstanding this, however, the directors had decided
upon giving the usual dividend of 425. 6d., for they had the
addition of the Richmond traffic, as well as that for the in-
termediate stations, whielbthey all knew how to value. Then
there was the addition to be expected from the Southampton
and Dorchester line, which was sixty miles in length, and
which, according to the agreement with the great contractor,
Mr. Peto, was to be opened on the Ist of May. The di-
rectors, therefore, thought than they might with safety
assent, as he bad said, to the usual dividend.7-(Cheers.)
The Parliamentary campaign was about to-commence—he
believed that they were to go into Committee on the
4th of March—and on this point he believed there was
little apprehension to be
.entertained. Ile would abstain
from general observation as much as possible, for he knew
from experience how able opposing counsel were to turn
black into white and white into black ; but he might ob-
serve, that Mr. Campbell, the secretary, had been in all the
localities, and he believed their peace was made with all the
great landholders in the district. On public grounds, then,
he believed the company was entitled to, and would obtain,
the sympathy of the public in their endeavour to promote
a great public benefit. They had been actuated by no narrow
or monopolising spirit; but, while they were looking for the
natural reward of private enterprise, they were at the same
time aware that it was necessary to meet the claim fir
public convenience, and that they had done so was evident
in their being among the first to adopt the system of low
fares, not only for passengers, but also forgoods, and through-
out the whole of these proceedings they had, he trusted,
been actuated by every principle that was satisfactory to the
public, as well as. to the shareholders. With respect to the
position of the company, he was happy to say, that, as the
report bad stated, nothing could be better. The whole of
the capital of the company is 5,238,8001., and on this they
were empowered by law, to borrow- 1,569,156/. Now
the actual amount of the capital. paid up is
3,841,000/., and the whole of the amount borrowed is only
780,0001.; making, as it would appear, that instead of one-
,third, the whole of the sum borrowed did not amount to more
than one-fifth or one-sixth of the Parliamentary capital; and
as it might be of interest to know how this money ,
stood, he would state that 72,200 was borrowed at 5
per cent., 500/. at 41A per cent., 435,100/ at 4 per cent.,
and 272 2001 at 3% per cent., and as in the beginning
of these works money was often borrowed on debeu-
tures at 7 per cent., he trusted that this would prove satisfac-
tory-.--(Cheers.) lie might further observe, that the present
length of working rail is 105 miles, and these, with the Sa•
lisbury and Yeovil branch, which was to be opened on the
Ist of 'March, 22 miles hi length, and the Sdlisbury and Dnr-

,
chester branch, which is to lie 60 miks in length, .with the
extension to Hungerford lirldge, would make alttigether 252
miles. The whop of the locality over which the new lint's
were to run had been app trentlfieft entirely to them, so that
little Parliamentary opposition area to be anticipated. With
these observations he would put the, adoption of the report
to the muting.

This havitibeen seconded by, T. B. SntrsoN, Esq.,
Mr. Sergeant-Gazzw: wished to make his usnal protest
against the proceedings of the directors, and especially against
being called upon to give his adhe,ion to a report which was
only put into their bands as they entered the room. He would
like to know what the working expenses of the line were, and
what measures had been taken respecting the completion of
the Corshatn and Portsmouth branch. He could inform the
directors that there .w as a petition, with upwards of 2,000
signatures, now lying in Portsmouth, the object of which
was to compel them to take up the direct line into that town,
and he was therefore anxious to ascertain whether there bad
been any amalgamation with the Brighton Company.
The CHAIRMAN replied, that the Corsharn branch had been
proceeded with as far as it could, and the completion bad
been delayed partly by the alteration of the site for the
terminus, which was proposed by the Learned Sergeant
himself.
To further questions, Mr. CHAPLIN replied that the whole
of the capital of the Taw Vale Docks and Railway was only
50,0001. The Richmond Railway might not have paid re-
turns commensurate with the expense of its formation, but
it should be recollected that this had been a curious winter,
and, notwithstanding the badness of the weather, the com-
pany had carried upwards of 240,000 passengers.
Mr. CURRIE wished to know why it was that the allow-
ance to the directors had not been increased from 1,0001. to
2,000/, per annum, as voted at the last meeting?
The CHAIRMAN replied, that the directors had felt that the
vote was not quite unanimous. and therefore thew had de-
..
wined the advance.
The report was adopted nem. con. The next resolution
was fur the declaration of a dividend of 2/. 2s. Gd. per share,
which was also passed unanimously.
The arrangement with the Taw Vale Railway and Dock
Company was then confirmed.
On the proposition of Sir J. Easthope for one of the direc-
tors, Mr. Sergeant GAZELEE made some observations on tale
irregularity of the system which had beensafaollowd
on
the
retirement and election of the directors
asking for the dates of the resignations of thosecownheloardeet4ireld.y,
and the dates of the applications of the candidates for ,the
direction.

Mr. CHAPLIN, in explana!ion, replied that the reason it' v
one person had been preferred to another in the direetiiiii
was simply the loss of the Portsmouth line and the obtaining
of the Western line.

A. long conversation ensued upon the subject, which ulti-
mately merged into the question as to whether the proceed-
ings were legal or not. It being determined under the deci-
sion of Mr. Bircham, the solicitor of the company, that they