The Sun.
London, England, 1846-10-17 00:00:00

Park, Dorset
J. Weld, Esq., Lnlworth Castle, Dorset
Colonel John Michel, Dulish House, Dorset
Wm. Cartwright, Esq., propri,tor of collieries in Monmouthshire and
Glamorganshire.
E. B. Ashford, Esq., Babcary, Somerset.

ACTING COMMITTEE.
HENRY STRETTON, Esq., Ramsgate, Chairman.
MajarJ, B. Howe, Army and Navy Club

John Gray Wilson, Esq., Westbourne Grove
Colonel William Mainwaring Sloane, Seymour-street
Gilbert M`Queen, Esq., Great Coram-street, Russell-square
Thomas Peers, Esq., 1, Lamb's Conduit-place
George Chisman, Esq., Dalston, Middlesex
Sir James Caleb Anderson, Bart.

PROVISIONAL COMMITTEE.
(With power to add to their number.)
Frederick William Hamilton, Esq., 59, Gloucester-place
Rees Price, Esq., M.D., Tyne Hall, Great Ilford, Essex
Thomas' Ottery Rayner, Esq., M.D. F.S.A., 1, Matthew's Pla,e,

• Cambridge Heath •
•
Rev. C. Davies, Sandgate
•
Major J. Mill, Guernsey
Edward Sankey, Esq., Canterbury
J. Johnson, Esq'., Davies-street, Berkeley-square

G. Pusey, Esq., The Dells, Stoke Newington
N. Crouch, Esq., South-place, Euston-square; and 64, Pall-mall
R. B. Crofts, Esq., Hamilton. square, Birkenhead, Cheshire

John Britten, Esq., Basinghall-street
Lieut. Charles T. Hill, R.N., Queen's-square, Bristol
Captain Hippisley, Somerset-street, Cavendish-square
Wm. C. O'Connell, Esq., Upper Seymour-street, Portman square.

LONDON BANthall.
London and County Bank
The London Joint-Stock Banking Company.
COUNTRY BANKERS.
Messrs. Stuckey and Co.
- • National Provincial Bank of England
Messrs. Ledgard and Co., Poole
Messrs. Bastard and Co., Blandford.
ENGIN-EEL—George Rennie, Esq.
SucazmutrEs (pro. tem.)—Messrs. Castleman and Kingdom.

SOLICITORS.

Gilbert Stepbens, Esq., j3:-iTO-ril—in-mberland-street, Strand.

Messrs. Cas'tleman and Kingdon, Wimborne.

Since issuing the former prospectus, the Committee, being deter-
mined to proceed on the surest grounds, and anxious for the ultimate
success of the undertaking, have made further and more minute in-
quiries into the remunerative traffic to be expected on this line; and
they are warranted In stating that, the result of such inquiries has
greatly exceeded, the expectations upon which they grounded their
former prospectus.
This line of railway, commencing at Bristol, will open a direct
communication with Poole, passing through or near the important
towns and villages of Whitechurch, Pensford, Clutton, Shepton
Mallet, Bruton, Castle Cary, IN incanton, Stalbridge, Sturminster,
Newton, Shillingston, Stourpain, Blandford, Spittisbury, Sturminster
Marshall, Wimborne Minster to Poole Harbour ; and thus, by means
of the Line of Packets intended to be established by this Company,
from that port to the Channel Islands and Cherbourg, and the rail-
ways now in progress from the latter place to the French capital,
and from thence to Lyons, will coliplete the line of communication
by the most direct way, from Edinbtugh to the south of France, thus
enabling that country to supply herself with many articles of com-
merce at little more than half the cost she at present pays, and leav-
ing a good remunerative profit to the Company and producer at home,
Among the various sources of traffic to be expected on this line.
the following are the most prominent : —The supply of the Govern-
ment with Coal from the Welch and Sornersetshire pits, by
means of the proposed line, for its different naval and steam
depots throughout the world. The Somerset pits, which are 36 in
number, yield, at present, about 2,000 tons per diem, but are ca-
pable of yielding a much larger quantity ; and, supposing that 2,000
tons were carried by the railway, at ld. per ton a mile, a dis-
tance of 40 miles for 300 days in the year, which is even less
than the Company have every reason to expect, it would yield a
net return of 100,0001., or 10 per cent. upon the estimated capi-
tal ; deduct then 40 per cent. for working the line, wear and tear,
and there remains the sum of 60,0001., or 6 per cent. per annum
on the capital. There can be no doubt of the demand of this
important article of general consumption. from the great dimi-
nution of price to the consumer by the costs of carriage being
reduced to Id. per ton per mile from the present cost, which is
from 6d. to 10d. The supply of the Channel Islands (population
more than 100,000), and of France, with the best species of
coal for the production of gas, as well as for the -use of their
manufactures and for domestic purposes. This article, by means
of the various coal pits situated on the line, will yield to the
Company a very fine remunerative profit, and be of the greatest be-
nefit to the coal proprietor; as the coal necessary for the purposes of
gas can be obtained in very large quantities, and delivered at Cher-
bourg at one-third less than they are now giving for the same coal,
and which cannot, therefore, fail to be of equal benefit to the mer-
chant abroad, the producer at home, and the proposed Company.
Besides these two great sources of coal traffic, there is the supply of
the southern coast, and the different districts or the line, with coal
for domestic use, at a saving of from six to,seven shillings a ton.
This is a circumstance that cannot fail to secure to the Company the
entire traffic, and be of the greatest benefit to themselves and the
public hi general. In addition to this, the line will offer to the great
manufacturing city of Bristol a more ready market for all those
articles of commerce of which France and the Channel Islands stand
so much in need, and which are manufactured In great quantities at
that city, and as soon as the line is completed, tenders will at once
be submitted to Government for the more speedy transmission of the
mails to the Channel Islands, by which a saving of more than
twelve hours will be effected, and to the North and North-west of
Great Britain a saving of twenty-four hours.
There is also very considerable traffic to be derived from the
various stone quarries, iron mines, and clay pits on the line (the
clay pits alone yielding more than 50,000 tons annually) ; sand from
the Isle of Wight, for the manufacture of glass, of which more
than 10,000 tons annually are used in Birmingham alone; the pre-
sent mercantile traffic whieh now goes round the Land's End to
the Western Ports ; the great agricultural, manufacture, and pas-
senger traffic from the rich and populous districts through which
the line passes; and the traffic which must be thrown upon the line
from the Welch iron and coal masters, as being the nearest and most
direct outlet to the Continent for the produce of that country. In-
dependent of remuneration, this line ought to be looked upon as a
great national undertaking and benefit, as it will do away with the
necessity for vessels now employed in the Dutch, Danish, Swedish,
and Russian trades, bound to the western parts of England, going
round the Land's End, by at once opening to them the harbour of
Poole, which has been pronounced by eminent engineers to be one
of the best natural harbours in the world, and capable, at a small
expense, of being made accessible to 'vessels of the largest class
with perfect safety, and enabling them to send their cargoes
to their different destinations in less time, and at a less
expense, than at present : by this means, not only will the
shipowner and the merchant be greatly benefited, but the
Company would derive an immense annual revenue from the
throughout this country -
cargoesute of northern produce thus landed at Poole, to be again diet ri-
follow so large
d by means of their rail way, to the different manufacturing towns
Y passenger traffic that would natu-
rallya ,
portionarnl the
handsome
yield to the Company a verymercantile traffic cannot fail
to
merreturn
The average number
of
vessels detained in this trade in going
round the Land's End amounts, from the most authentic sources, to
about four thousand, each vessel averaging a detention of five days.
The average tonnage .of these vessels amounts to 130 tons, which
would give six men to each vessel, working after the rate of 601. per
month, which would give, for the number of days detained, 101. to
each vessel: this, multiplied
by the number of vessels, viz., 4,000,
would give the sum of 40,000/., which will be entirety saved by
means or this line. This is independent of the loss of life, destruction
of property, expense of insurance, and loss of time, whieh would
all be saved by the projected rail, the statistics of which, did space
allow, would make every one look upon the present undertaking,
not only as one, of great local importance, but one of great national
benefit.
The advantageS have long been known and appreciated, and the
present Company have determined to bring th,em into play in the
most full and efficient manner. The expense o. storage at Poole as
well as the port dues are leas than at any port m kingdom ;
that the merchant would be enabled to keep his goods there at a less
expense than
at his own port. He would be enabled to perform fivevoyages far every three from the northern parts, and, by means of
y
te speed communication y the electric telegraP the ra id
h and p
conveniences will
travelling of the present day,b me
n-any advantages and conve
be afforded. Company's
A careful preliminary survey having been made by the
surveyor, the line has been pronounced to present less than-the ave-
rage engineering difficulties, about thirty miles being through a rich,
populous, and level valley. The harbour of Poole has also been sur-
veyed, and the bar at the mouth of the harbour has been pronounced
to be capa'ole of removal, and is now actually being removed ; thus
opening to vessels of the largest tonnage one of the safest and most
commodious harbour .3 in the world.
These are a few o: the advantages offered to the public by the pro-
jected line ; and the Committee, impressed with the sense of the ex-
cellence and legitimacy of the undertaking, and basing their views
upon ascertained facts and undoubted evidence, feel themselves war-
ranted in offering to all applicants for shares the following conditions,
viz.:. That no party taking shares in the said Company Shall be
liable (in case of failure of the Company) to a larger amount than
five shillings per share, unless a greater sum shr'l be sanctioned at a
General Meeting of the Shareholders called for that purpose; so that
incase the Company ,all at any period of time prior to such Meeting
being called, the Committee pledge themselves to return 1/. 17s. per
share instead or 21. 25., and a wamortionately larger amount if the
accounts ofthe Company, upon inspection, show a less expenditure.
At the first general meeting of the shareholeevs the Committee
will produce an account, signed by the hankers, of the several sums
received by them on account of the Company, thereby warranting o
the shareholders tb-- t the amount subscribed is still in the bands or

be hankers, minus fie ss. per share.
The future plans or the Company will be laid before the share-
iolders at their first general meeting, and everything submitted to
heir inv—tigation and approved.