The Sun.
London, England, 1848-11-09 00:00:00

FELTWELL SECOND DISTRICT
DRAINAGE.

NOTICE is hereby given, that Application is intended to be made
to Parliament, in the ensuing Session, for leave to bring in a Bill to
alter, amend, and enlarge the Powers and Provisions of an Act
passed in the Thirteenth Year of the Reign of King George the Third,
entitled " An Act for draining and preserving certain Fen Lands and
Low Grounds lying in the South Level, part of the Great Level of
the Fens, commonly called Bedford Level,' between certain old
Rivers or Drains Stoke River and Brandon River,' and a cer-
tain Level or District, called' Feltwell New District,' and the Hard
Lands of Woodhall in Helgay, and Helgay, in the Counties of Norfolk
and Suffolk ;" so far as such Powers and Provisions relate to the Fen
Lands and Low Grounds lying within the Second District or Divi-
sion described in the said Act. And also of an :set passed in the
Forty-second Year of the Reign of his said Majesty, itetituled,
" An Act for amending and rendering more effectual so much of an
Act passed In, the Thirteenth Year of the Reign of his present Ma-
jesty," intittifed, " An Act for draining and preserving certain Fen
Lands and Low Grounds, lying in the South Level, Part of the Great
Level of the Fens, commonly called Bedford Level,' between cer-
ta;injold Rivers or Drains, called ' Stoke River and Brandon River,'
arfd, a certain Level or D•striet, called Feltwell New District,'
and'the Hard Lands of Woodhall in Helgay, and Ileigay, in the
Counties of Norfolk and Suffolk, as relates to the Fen and Low
Grounds lying within the Second District Division described in
the said Act ;" or to repeal the whole or some of the Powers and
Provisions of the said Acts, and to grant other Powers and Provi-
sions instead thereof. And Notice is further given, that it is In-
tended to take Powers in the said Bill for assessing and raising further
Taxes on the'Land within the said Second District or Division, called
' Feltwell-Second District,' hitherto taxed under the Provisions of
' the said Acts, as also for assessing and raising Taxes on the Com-
mons, Commonable, and Waste Lands, in Feltwell Saint Mary, and
Feitwell Saint Nicholas, f innerly called North Fen,' and any
Lands or Grounds within the said District or Division vested in
the Churchwarden. and Overseers of the Paor, or in any other Per-
son or Persons, for the Use anti Benefit of the I'oor of the several
Parishes within the said Second District or Division, or any of
them, and on any other Land situate within the Boundary of the
said District or Division described in the said first-mentioned Act,
and for levying each Taxes on the Owners and Occupiers of all such
Land and Commons ; and to raise by Mortgage of the said
Taxes, a Sum of Money for the purpose of carrying into Exe-
cution the Powers and Provisions of the said Acts, and of the said
11111. And Notice is also given, that it is intended to repeal so
Much of an Act passed in the Forty-sixth Tear of the Reign of
his said Majesty King George the Third for more effectually draining
and preserving certain Fen Lands lying in the South Level, Part of
the Great .Level of the Fens, called Bedford Level,' between Bran-
don River and Sams's Cut Drain, as relates to or authorises the
draining and preserving any Commons, Commonable, or other Lands.
*Ratite in Feltwell Saint Mary and Feltwell Saint Nicholas aforesaid,
or either of them, and bounded by Sams Cnt Drain on the North, a
Lode called ' Stake Common Lode,' on the East and South, and the
Cross Bank of the District called 'New Fen or Feltwell First Dis-
trict,' on the West, and to make Provision for excluding the same
Commons, Commonable, or other Lands, and also all other Lands
Within the Second District or Division aforesaid, from the Boundary
described in the said last-mentioned Act of the Land taxable and
Intended to be drained under the Provisions thereof.
Dated this First Day of November, 1848.

ROG KR NiICKLEFIELD,3 Solicitors.
THOMAS ARCHER,

MIDLAND RAILWAY.
11.1. Newby Park, Oct. 24, 1848.
Sir,—On behalf of t'le Directors of the Midland Railway Corn-
patty, I am requested to acknowledge the receipt of an Address from
a number of Shareholders resident in Liverpool and the neighbour-
hood which you have transmitted to them.
The Directors would have been content merely to acknowledge
the receipt of the Address, had it not contained an imputation upon
them, which they cannot pass over in silence. The Shareholders
commence their address by ascribing the depression of their pro-
perty to " the want of public confidence in the integrity of the ma-
nagement." The Directors, therefore, desire that you will immedi-
ately furnish them with a list of the specific charges involved in this
statement, in order that they may convene a Special Meeting of the
Company, and have the opportunity of refuting the accusation thus
brought against the integrity of a body of gentlemen who feel that
they stand as high in the estimation of the public at large as the in-
, dividuals who have appended their names to this calumnious docu-
Ment„which comes with a peculiarly bad grace from a body of Share-
holders who, prior to the appointment of the present Directors, were
only receiving a two-and-a-halt per cent. dividend. Since that time
the dividends have been increased to six and seven per cent.
• In the meantime I may be allowed to offer to you, as one of the
Shareholders who have signed the address, a few remarks upon the
Several suggestions contained in it.
I. Tote call upon the Directors to close the capital account. No
person is more fully aware than yourself that the shareholders have
had the power of passing a vote to that effect at any half-yearly
Meeting. But supposing the development of a new traffic, producing
a revenue of 20,0001. or 30,000/. per annum, should require an out-
lay of 60,0001., how absurd it would be to say that such outlay ought
to be taken oat of income.
S. You call upon the Directors to examine and pay all outstanding
accounts of the solicitors. These accounts are now undergoing a strict
examination, and as soon as the solicitors are satisfied to accept the
amount the-Directors think due to them, their bills will be paid.
But surely this is a matter which must be left to the discretion of
the Directors ; had they given way to the pressure of the Pro-
prietors when they were urged to settle the demands of the contrac-
tors, they might have sacrificed a very large sum for the sake of an
immediate settlement. They succeeded in making great reductions,
and so much was saved to the Company. The claims of the con-
tractors amounted to 89,577!., and were finally liquidated for
17,7231. lbs. 7d. Tour objection to any further Parliamentary ex-
penses being incurred, without the sanction of the Shareholders, is
futre ; it Is clear that no Parliamentary expenses of any importance
ean be incurred without such sanction.
3. You call for a reduction of the salaries of our engineers. We
have only one engineer employed upon the lines, and, considering
the abilities of that gentleman, the Directors do not think him over-
ROL
4. You regain that stations shall not be enlarged. Should traffic
increase, how is it to he conducted without increased accommoda-
tion? If the Shareholders think the Directors incompetent to decide
Ilion matters of this kind, they ha .l much better remove them, and
appoint others in whom they have greater confidence.
$. The Directors are called upon to enter lute no further contracts.
It mist have escaped your recollection that at the last half-yearly
'meeting I gave an assurance that the Directors did not intend to
engage in any further contracts.
6. You allude to traffic which you do not consider remunerative to
the Company. The Directors are entitled to ask you to be more
explicit, and to state specifically what traffic is meant.
7. You think the number of trains ought to he reduced. This is a
question which must be left to the judgment of the Directors ; for
nothing can be more difficult than to determine. front time to time,
what trains ought to be ran. I consider it would be an unwise and
Impolitic measure to take off the express train, which you suggest
should bo done.
S. The alteration you propose in the mode of appointing Directors
Would require a new Act of Parliament.
9. Yon ask the Directors to purchase all stores by public contract.
I have no doubt you are aware that this is generally done, but it not
Infrequently happens that the Directors can purchase articles in the
market much below the contract price, and when they can do so they
often avail themselves of the opportunity.
I have now answered or commented upon every point of the ad-
dress, except that which relates to the depreciation of the value of
shares, with which the Directors feel that they have little or nothing
to do. Their duty is to obtain all the traffic they can, and to pay
the Shareholders good dividends.
The address you have sent is signed by seventy Shareholders, this
is a small proportion of the en'ire number, which exceeds 8,000.
You are a holler of capital stunk in the company to the amount of
WI., and you describe yourself in the address as a broker. From
Your experience in that business, I have no doubt you are well a'-de
to inform the public how the old railway stock of this company has
become so much depreciated.
In my position as Chairman of several railway companies, I have
received numerous complaining letters, all, I am bound to say.
Couched In a courteous and respectful manner; and I have answered
them by assuring the parties of the soundness and stability of the
concerns over which I preside. The acknowledgments I have re-
ceived in reply have been pmeraily satisfactory; many of the parties
stating that they were holders of stock in a variety of foreign and
other new lines, and that they were compelled to sell the stock of
Old lines to pay fir the new. When the supply exceeds the demand,
and when a regular combination exists to depress railway property,
I believe any course whim Directors may pursue will be of little
"all. -Yet, after all, the amount of stock transferred in the corn-
Valdes over which I preside has been less than usual, which shows
that many of the quotations of sales arc merely nominal. I hare
zto fear of not seeing railway property again placed in a better
'Position in the market, thou,th no;: at the extravagant price it has
oretorore arrived at, and then its proper and true value
1.111 be maintained in a manner that will he more mat's-
factory to all parties. Consols have been at 47, they are now at
44%, and have been at 100. If you or your friends car., by any
effort, advance them to 92 or 93, I have no doubt you will see a
seat advance in railway property. The Bank Stock has paid 10
Per cent., and Is now only paying seven, and the price has fallen con-
siderably ; but no one ever doubted the integrity of the management
of the Bank. The surprise to me is, that in the excitements and
euntmotions which havo prevailed, railway traffic has been so well
supported. Even the present amount of traffic justifies the anticipa-
or' that the rate of dividends will not undergo any ma'erial
t
; and this remark applies to all the lines over which I have
t honour to preside. I wish I could call the serious and grays
attention of the chairman
eeof the London Stock Exchange to a pub-
bcatt° Which is issued wkly, professing to be under the sanction
Of th
at ,to,ly. I am aware that tne statements which appear in that
FicDeif are stated not to be published under the authority of the Stock
duce an
on " but I cannot close my eyes to the effect that they pro:.
have themlnd of the public, who naturally consider that they
that sanction. If these statements were correct and true, no
l'er"liviould have a right to complain —but when they are
almost in every instance incorrect, and their general ten-
4ency is to depreciate railway property, it would be well ,
that the Stock E
Which is calculated to
do disavow a publication I
should
do so much mischief. I must, in con-
elusion request that
that there Ina} eat you will call the Requisitionists together, and
be no delay in sending a list of the charges ins-
PUgning the integrity of the Directors, who are anxious to meet and
repel the calumnious imputations that have been made against
tie. Nothing but a sense of duty to the large body of Share-
holders who have hitherto given their confidence induces the Dl-
rectors t retain their scat at the Board ; and as soon as that con-
ndence is withdrawn they will meet readily and gladly resign their
trust into ether hands by whom the affairs of the Company may be
more ably conducted, •
I perhaps might observe, before I conclude my letter, without
pledging myself to the statement, but merely giving it as my own
Individual opinion, that I believe another 51. call upon the 501.
Shares, with the arrears of calls now owing, will complete all the
Works in course of construction, and the remaining 251, per Share
Vrjll remain applicable to the liquidation of the debt. The liabilities
of the Company are under the consideration of the Directors, in
order to enable them to lay a statement before the Proprietors,
w°lck it is anticipated will be done within a very early period.
I am, Sir, your obedient servant,
To GEORGE HUDSON.
J. Iloighton Eraneker, Esq., Liverpool.

CANDLE LAMPS.-13Y ROYAL LETTERS
PATENT.
—Every improvement possible is now secured. A
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COMPANY, RICHARD CLARK, Resident Manager, 447, West
Strand, corner of Adelaide-street.

L 0 V E is the leading feeling of the harnan
breast. More exalted than mere passion, it sears high Atroye
'very other impulse of nature, and is not only stronger than avarice,
ptit more engrossing even than ambition. No man is exempt front
its intuence, or can avoid its sway ; and busineis, pleasure, philo-
-I°PhY, and divinity itself hecome neglected under the enthralling
power
of LOVE, which, unlike most things, increases in intensity
Zath time, until it receives the sacred consummation of marriage.
..`r nen union does not take place, however, this passion, this
'ervour, this golden tide of the manliest feelings becomes a
deadly
ts()n in the heart, which now darkens, as it before bright-
ened. all things upon earth. How is it that men, of most un-
t'intnteal,le habits, will change at the very altar, and after a life-
, sPent in the fulfilment ef every engagement, snap the very con-
ha•4Ft asunder which should be most binding te an honourable mind?
ll)!he effect of conscience. The Lover, by enervation of early
di U., Sr the results of secret disease, knows himself to he
tutBtituted
84ittallfled, and dares not enter a state which has been
pa
b Lw for tke flfilment of important
keys. The wr y etchne ed on it of such a beinug must subsequently be
Mend measure deplorable ! Loving and beloved, he entails the
ost miserable disappointments on the object of his choice, and upon
mlself a desolation the most horrible, when the simple possession of
augural attributes would change the scene, and yield to both a life of
lttae I,Yed _happiness. The subject is interesting, and deserves the
west
of all. These desirous of investigating it will find the
"t and most satisfactory information in the little work entitled