The Sun.
London, England, 1841-08-14 00:00:00

RAILWAYS.

DIRECTORS OF THE GRAND JUNCTION RAILWAY.—
The following is the result of the poll demanded at the
meeting of the proprietors of the Grand Junction Rail-
way Company on Friday :—Mr. Moss, 3,513; Mr. Crop-
per, 3,136; Mr. Hardman Earle, 2,984; and Mr. Dud-
geon, 1,565. The three first are of course elected.
THE PARIS AND ROUEN RAILWAY.—This great work,'
which is as • much English' as French, is proceeding
rapidly under the superintendence of Mr. Locke ; and
we understand that thirty-five miles of the Paris end of
the line will be ovene_d early
_in f_npxt. year_
ADDITIONAL TRAINS ON THE IDLAND COUNTrre
RAILWAY.—The Midland Counties' Company will start,
on Monday next, additional and direct trams, to Co-
ventry, Birmingham, Liverpool, and Manchester, with-
out any delay taking place at Rugby, as hitherto ;
also an additional train (first class only) direct to London.

EDINBITAGII AND GLASGOW iS gratify-
ing to observe the incessant exertions which are making
everywhere on the line in the vicinity of this city to get
this national undertaking completed. The magnificent
entrance to our great tunnel is drawing to a conclusion.
while the booking and other offices are all but finished.
The landing and departing platforms are now getting
very handsome sheds, with cast-iron supports set up ;.
and the ground is clearing out for laying the perma-
nent rails. Yesterday Mr. John Craig, the mineralo-
gist, made a survey of the tunnel in furtherance of the
objects of the British Association, and proceeded right
through it, in company with the very polite and spirited
Contractor, Mr. Marshall. Amongst many other geolo-
gical specimens got in the journey, we saw perfect
masses of the Nucula, Tumida, Producta Scotia, Pro-
ducta Martinii, Bellerophon Uri, and Apiocrinites, ha-
bedded in a shale, above a two-feet limestone, with
many other interesting remains of a period long before
the creation of man.-= Glasgow Constitutional.
NORTH UNION RAILWAY.—On Tuesday last the pro-
prietors of this railway met at the Railway Station,
Preston, to receive the Report of the Directors for the
last half year, and to elect three Directors in the room
of those retiring from office. Theodore W. Rathbone,
Esq., presided. The Report having been read, a discus-
sion took place as to whether a sum of money should be
laid aside for the purpose of repairing such portions •of
railway stock as would necessarily, in time, wear out.
Mr. Garnett moved that 5,0001. be set apart for that pur-
pose. Mr. Ormerod seconded the motion, and it was lost
by a large majority. The Chairman stated, that the
claims upon the Company were very insignificant, not
amounting to more than perhaps 2,0001. for the building
of some cottages upon the line, and other matters of a
similar nature. He further stated, that they had not ex-
hausted the loan already obtained, and that they had
power in the Act to borrow a very large sum in addition
to what had already been so. obtained. The Report was
then unanimously adopted, and, on the motion of J.
Wilcockson, Esq., seconded by 1 Higgins, Esq., Joseph
Hornby, Esq., Richard Earle, Esq., and William Tay-
lor, Esq., were re-elected as Directors. A vote of thanks
was then given to the Directors for their conduct during
the past year, and also to W. Rathbone, Esq., Chairman
of the Board of Directors, and the meeting separated.

RUSSIAN FINANCE.
PROCLAMATION BY THE EMPEROR.

We, Nicholas 1., by . the grace of God Emperor and
Autocrat of all the Russias, &c. &c. &c.
In order to facilitate the operations of establishments
connected with the public credit, and to increase at the
same time the amount of the circulating medium ; and
considering it adyisable to create a new description of
paper with a complete guarantee for its value ; in con-
formity with the advice of the Council of the Emplie we
ordain as follows:

I. In six weeks from the promulgation of the present
decree the treasuries of the. Foundling Hospital, and of
the Imperial Loan Bank, shall be authorised to advance
money, on the security of real property, in credit-notes
of the value of 50 silver roubles. These 'notes shall be
of a particular form, of which the Department of Fi-
nance shall present copies to the Directing Senate, the
Ministerial offices, the superior branches of administra-
tion, and the Chambers of Finance. These copies shall
also be posted in all the commercial exchanges.
2. These credit-notes shall amount to 30 millions of
silver roubles, of which 1.5 millions shall be on account
of the treasury of the Foundling Hospital at Moscow ;
eight millions on account of that at St. Yetersburgh; and
seven millions on account of the Loan Bank.
3. These notes shall be guaranteed by the entire ca-_
pital and funds of the credit establishments of the em-
pire; and further by their being changeable on demand
for specie, agreeably with the arrangements in Article 5
of the present manifesto.
4. Throughout the empire these notes shall be current
equivalently with specie.
5. The exchange of these notes for specie or assignats
shall take place, at the option of the holders, at the trea-
sury of either of the Foundling Hospitals, or of
.the
Loan Bank, without limitation of the amount presented,
and without reference to the particular establishment that
may have issued them. In order to insure punctuality in
this exchange, the various treasuries shall, whenever they
issue notes, deposit in a special fund for the express pur-
pose a sum of specie equal to one-sixth part at least of
the value of the issue.
6. With a view still further to facilitate the exchang.e
of these notes, all the treasuries of districts shall be held-
bound to exchange them to the amount of 100 silver
roubles to each person who may present that, or a
larger amount.
• 7. The funds for exchange, and the quantity of
notes, whether issued or not, are placed under
the control of the Council of Credit establishments.
In addition to the monthly revision that the
treasuries of the Foundling Hospitals and the Bank
are bound to make, there shall be twice a year a
special revision,
.viz., at the St. Petersburgh Found-
ling Hospital and Loan Bank, directly by the Conn-
, cil of Credit establishments ; and at the Foundling
Hospital of Moscow by three Senators, named by the
I Minister of Justice, in conjunction with the marechal of
the nobility of the province and the mayor of the city.
The accounts audited by them, and their remarks, shall
also be submitted to the said Council.
8. The exchange of old notes, unfit for further circula-
tion, for new ones, shall take place in, conformity with

" 5. The credit-notes received by the aforesaid trea-
suries, either as repayment of loans, or in exchange for
specie, under the name of deposits, shall be again em-
ployed in loans as has been already directed. These
same notes may be issued in reimbursements of deposits,
but not without the consent of the depositors.
6. The accounts to be submitted twice a year for re-
vision to the Council of Credit establishments (in pur-
suance of article 7 of the Imperial manifesto), must spe-
cify the number of credit-notes that form part of the
capital ; those issued in loans ; those received in ex-
change ; those disposed of in repayment of deposits ;
and lastly, these remaining in the different treasuries,
together with the amount of reserve funds applicable to
exchanges.
(Signed) " The Adjunct of the Minister of Finance,

" TH. VRONTCHENKO."

COWES, ISLE OF WIGHT.
(FROM OUR OWN CORRESPONDENT.
ROYAL YACHT SQUADRON INTELLIGENCE.
ARRIVALS.
AUGUST 6.—Nymph Cutter, John Bayley, Esq., from
Dover ; Gossamer Cutter, R. W. Gossen, Esq., from
London.
7 th.—Will-o'the-Wisp Cutter, Captain C. H. Williams,
from Plymouth.
9th.—Cynthia Cutter, Richard Frankland, Esq., from
Cork and Plymouth.
10th.—Stormfinch Cutter, E. H. Chad, Esq., from
Plymouth ; Aurora Cutter, William Beach, Esq., from
London.
11th.—Eudora Cutter, Richard Cooper, Esq., from
Kingstown.
12th.—FlowerofYarrow Schooner, Viscount Exmouth,
from the Westward ; Falcon Yawl, Rev. Denis George,
from Ireland.