The Sun.
London, England, 1848-09-21 00:00:00

9 SEPTEMBER 21 1848.

pelting companies to run third-class trains at least once a
day, and at a certain charge, it (lid so solely with a view
to the accommodation of the working elayses. It never
for a 'moment contemplated the possibility of these third-.
etas* traina• being..travelled in by persons of • station
in society, and in.eaay.circumstarices, to-the ;great injury_
of the companies. There. are various • other measure,
which must be .resorted to by the directors to restnre
railways to their wonted prosperity, and to inspire anew
that confidence in them v. 'licit has been so nitwit impaired
of late. The capital accounts in all the It tiding lines
must be closed. That is one indispensable step towards
a return of confidence. Unnecessary stations, of whit h
there are many on every leading line, must be shut up.
The number of the directors must be reduced. Seven
or eight will suffice. Indeed, tholigh in most cases double
the number compose most of our railway boards, not
more than six or :even usually attend. All the busi-
ness is dmeby a few. The others are not nuts paid ftr
doing nothing, but they do mischief. They are constantly
taking advantage of the means of' information, of which
their position puts them in possession, to traffic in the
shares of the company, and thus •to cause fluctuations in
the market value of the stock, which would not other-
wise take place, and which often has the effect of
causing timid shareholders to part with their property
at a serious sacrifice. These are some of the measures
which all railway companies must adopt, in order to re-
store confidence in the bona fide character of their lines
as an investment. In addition to these, there must be
a thorough system of economy—an avoidance of every
shilling of unnecessary expense in every department
of the company's service. We feel persuaded that there
is not a railway company of any magnitude in the coun-
try whose expenditure might not be reduced from
twenty to twenty-five per cent., without in any degree
diminishing the efficiency of the 'service, or depriving
the public of necessary accommodation. Such a saving
as this would increase the year's dividends from 1 to
2 per cent. To this complexion matters must come
at last. Why not now ? This is just the time for
reforming railway management. Not only have share-
holders suffered from the past extravagance, and gross
mismanagement of railway directors, but the public
have witnessed with regret the recent reduction in the
rate of dividends—for the public naturally feel that if
railway property is to go on as it has done, steadily de-
creasing in value, the inevitable consequences must, be-
fore long, be to deprive the community of that accommo-
dation which the railways so largely afford them. The
system will cease to be extended, and there must be a
great curtailment of the facilities for comfortable and
ofOitobfeorr
mcaotmi
opoa, ni e
de-
termined on treading in Mr. Hudson's steps in the
euxr sets.
rs
haapvied,
ut,reavleelalivnegfrweinhicphri
vnaotewse
measures which he is now adopting for improving the
value of the railways by increasing their dividends.
Why not. do it immediately? There can be no cause
for delay. If the leading companies will only, in this
matter, act in concert, the shares of all the better classes
of railways will soon recover their position in the market.
And once having recovered their proper value, they will
not again lose it. They will continue to command their
proper price among the public securities of the day.

. .
DUBLIN,_ WED.N4SI)IY Moats t6l-
..ligen6e Trotfi' the 'disturbed treittiCAS—liy this morn-
ing s ;mail train T.epiesenfs. all tranquil, at'leaA on.
'the surface, for the apprehensions of fresh outbursts.
were rife still in the minds- of the well divot.ed.
The follovving,conimanication nrrived this morning:
" Clonmel, Tuesday Afternoon.
" This town and its le ighbourheott were tree from
any disturbance during-the past night. I wateh,d until
newly twelve o'eloek, but I vould not see any signal lines
blaz.ng on the Waterford mountains which over:ook the
I town, as on the previon; night. lArge bodies of reixls
are still stated to be in the festnesses of the mountains,
many of which are enclosed by deep ravines and very
difficult of access; indeed, I am informed, almost inac•
cessible to the militart ; so that they may probably re-
main there as long as the flee weather permits, and
carry on predatory excursions, and make midnight
attacks upon the property of the gentry and farmers
of the surrounding country. .The rebel camp, as it
is called, will be the resort of all the lawless and
disaffected, who will be attracted to it for the sake
of plunder. After the burning of the Glenbower liar-
racks the insurgents from that place joined the main
body in the Waterford mountains; and they were ob-
served in considerable numbers passing over in that
direction a few nights since. It is stated that a number
of the insurgents are persons who have beta ejected
from their land,,, and who are reckless and desperate as
to the crimes which they may commit. They still pro-
cure food by taking the cattle which they find in the
neighbourhood, and which they are represented as roast-
ing entire on iron gates which they have carried from the
fields below up to the mountains, and use as gridirons for
that purpose. The passengers by the Kilkenny mail to
Cork, which has just arrived, state that all is quiet along
that line of road, and in the Glenbower district through
which they passed. The Attorney-General, I have
heard, arrived here last night, to make preparations for
•thestato trials, which commence on Thursday. After
,posting my fetter yesterday evening, the men that had
been brought in from Clerihan, near the residence of
Baron Pennefather, were liberated. It appeared that
they had been compelled to join the rebel force against
their will, and the authorities were anxious to get them
to give information against the insurgents. This, how-
ever, either from intimidation or connivance, they de-
clined to do."

crt:t4t* eP.,
It Inn titethi abut filo etilatittillitta..lll4l'
.44f ky tiy4o n;fgoi- ti44;poitqp, witr Af-19
country people to join the movement.
from Carrica-on-Suir, Dungarvan, and C 1440-7„ ConreeL
the mountains where they were reported to
collected on Sunday night without finding any of thtik
insurgents. The military took their camp-furniture and
provisions-for two cr three days, in order to enable them
to pursue and capture the rebels, but they. returned to
their quarters yesterday, after a harassing_ find._un-
successful search. Their plan was well concerted, for
they ascended from d.fferint directions, in the ex-
pectation that what the one party drove before them
the other would meet, and in this way succeed in
hemming in the rebels on "every tide ; hut they
were foiled in their attempt. The police state, that
there ore so many .scouts _every direction, to give
qntelti,,;:etiee-"to. the-insurgents, that they are enebled
to disperse before they; pin their of rendez-.
vans, :old collect a.,Jain as st'an ts they return to their
harruck-F. The rehe•ls.are.t,t nrlirg In;tices:.to the fat 'errs
t convey orisi,",ni to Li:tie camp, i.ud the. atening
I Item, that if they Lei any oc tb ir progluee to the ma-
chains eh.y will he visit,d aidl the'r vepwance. Bust-
neNs it, thr‘r fore', IA re bad, both here end in Clonmel,
as public confid. lice is in a grent measure destroyed bY
the state of al irna in mhich F:ople are kept, and they
are very unwilling to part wide more- -, not knowing
what turn events tray take.
The police arrested niuc of the' insurg,-nts last night
in theneighbcurhocd oft c al4r quarries. In the county
of Kilkenny, who are charged as beieg concerned in the
burning of the barracks in that place. They lOund the
clothes of the police, and arias and ammunition in their
possession. They ale at.present lodged in the Bridewell
of this town, and it is expected they will be transmitted
this day to the county gaol. me people of this place
say that the rebellion is not over set—and certainly no-
thing but the presence of a strong military force keeps
them from open kstureetion.
THE FLEET.—The fleet lying in Cove, which war
about to sail for Plymouth, has been countermanded
and the various vessels and war steamers composing
. _

it are to remain here, it is said, one month. Admiral
Sir Donald Mackay is nominated the Commar.der-
in-Chief. The cause cf this unexpected order is at-
tributed to the outbreak of the rebels in the midland
counties.

Tee FUNDS.—With the exception of a few bar-
gains in Government securities, the business at the
Stock Exchange yesterday was almost nil. The
Three per Cents. were
.done at 85i ; Three-and-a-
Quarter per Cent. Stock, shut, 85i-1. money, 85/
opening. _ _

THE GRAIN MARKET.—Our market to-day was firm
for all descriptions of grain, and oats and bere were 3d.
to 61 dearer. There was no improved demand for In-
dian corn, a reduction of Is. to 2a. having been submit-
ted to. White wheat, old, 325. to 375.; red ditto, 31s.
to 365.; new, 235. to 305.; barley, 16s. to 17s. 6d.; bore,
12s. to 14s. 61; old oats, 13s. to 15s. 61; new, Ils. 6d.
to 13s. 6d. per barrel; oatmeal, 125. 6d. to 155.; second
flour, 18s. to 205. per cwt.; Indian corn, 355. to 395. per
4801 b.

A CHILD CRUSHED TO DEAT V.—Yesterday Mr.
Baker held an inquest at the North Country Pink, Ropc-
makers'-walk, Limehouse, on the body of Catherine
Meaghan, aged three years. On Monday afternoon last
the deceased was playing in Fore-street, Limehouse, a

very narrow street, allowing only one carriage to pass
at a time, when a cart approached her, and the only
way she had of saving herself was by getting behind a
post. As she was doing this the wheel struck her head,

and completely smashed it against the post. The poor
child was of course killed upon the spot. The jury re-
turned a verdict of " Aceithntal death."

" A RALE IRISII BLUNDER."—A short time ago a
servant of Messrs. Powley, of Thrimby Grange, was
mowing grass in a field by the Shap and Penrith-road at
Shap Beck, and having left his waistcoat in a field near
the road side, it was presently picked up by a "pate
green emeralder," who deposited his own Tipperary grey
ve-t in its place, thinking, no doubt, that an exchange
would be no robbory. The servant having occasion pre-
sently afterwards to return to the place, was rather as-
tonished to perceive his span-new red plush turned into
a filthy grey rag, and surveying it cautiously for some
time, at last took courage and examined it more mi-
nutely, when, to his agreeable surprise, he turned out
troni one of the pockets four shining "yellow boys."
Paddy, however, had not travelled far before he recol-
lected his blunder, and on returning found that his an-
tiquated forsaken friend had been robbed of its glitter-
ing contents. He demanded the precious metal, but was
refuse& and on being threatened with prosecution fur
stealing the waistcoat, was obliged to decamp, screaming
out whillilleus, mingled with notes of distress and im-
precations, which no one but a thorough-bred Irishman
can pretend to utter.—Carlisle Patriot.

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