The Sun.
London, England, 1848-10-31 00:00:00

SPORTING INTELLIGENCE.

TATTERSALL'S.—YESTERDAY.
Too much, ime was occupied in settling for the last
day's racing at Newmarket to admit of any regular
betting. At' ew investments, however, were made on the
Worcester Steeplechase and Derby, at the undermen-
tioned prices:—

WORCESTER STEEPLECHASE.
7 to 1 agst Peter Simple
7 to 1 agst Miss Burns
9 to 1 agst Abd-el-Kader—taken
9 to 1 agat British Yeomaa
10 to 1 agst Proceed—taken
10 to 1 agst Royston Gower—taken
12 to 1 agst Justice to England—taken
12 to 1 agst Red Lancer—taken
DERBY.
12 to 1 agst Lord Clifden's Honeycomb—t to 1501
16 to 1 agst Mr. Gully's Osterley
1,000 to 25 agst Mr. Pedley's Old Dan Tucker—taken
and afterwards offered
1,000 to 25 agst Lord Stanley's Strongbow—taken and
afterwards offered
1,000 to 25 agst Mr. Bowel's The Knout (Emma colt)
1,000 to 2u agst Sir C. Monck's Caststeel colt
No one would lay more than 7 to 1 agat Tadmor, and
we question if 5 to 1 would have been got to any money
agst The Flying Dutchman.

OAKS.

- 400 to 60 agst Lord Chesterfield's Sister to Arkwright
—taken • .
THE HOUGHTON MEETING.
SUMMARY OF THE WEEK'S RACING.
Total number of stakes 76
Won by favourites
Won by non-favourites
Forfeits
Horses entered
Total gross amount of stakes £15,280
Subscriptions £14,830 I Public Money given £450.

SCRISB'S " VICTIM OF THE JESUITS ; ORS Er-
Qum.° ALLrAos."—The inexhaustible invention of
Scribe never appeared to higher advantage than in this
clever novel. For wit and adventure, "Piquillo Alliaga"
will boar a comparison with the renowned " Gil Bias,"
while it possesses those higher qualities of romance in
which the chef d'oeuvre of Le Sage is deficient. The
author has chosen for his subject that period in Spanish
history when all the intrigues of the Jesuits and the
threats of the Inquisition were resorted to, in order to
induce Philip 111. to banish from his kingdom the most
valuable portion of his subjects—the "Moors of Spain."
We cannot pretend to give an outline of the plot of this
engaging story; it is too full, both of character and inci-
dent, to allow us to do so. It is so skilfully constructed
that there appears nothing improbable in the manner in
which Piquillo passes from the slave of a party of ban-
dits till he becomes the confessor to the King of Spain,
and the real ruler of the country. It is one of the most
original and striking romances of modern times, but is,
in tact, also one of the most unexceptionable. There is
nothing in the construction or incidents of the story that
can offend either the taste or morality of the reader,
while all must admire, not only the great ability, but the
historical knowledge embodied in it. We have
seen
other translations of it, but none which preserves so well
the spirit of the author and the liveliness of his style.--
Britannia.

WESTMINSTER BRIDEWELL,--The visiting justices
are about to appoint an assistant chaplain to the New
Bridewell in Tothill-fields. The average number of
persons confined is 600, a proper attention to whose
i.spirituaf requirements it is considered impossible fora
single minister to effect ; and in order to carry out
more fully the reformation of criminals who may be
sent for punishment to this gaol, a clergyman of the
Church of England is to be appointed to assist the pre-
sent chaplain in his Christian endeavours. The stipend
has been fixed at 2001. a year,

• 39,,06 19
" The state of the finances at the momento64 when 6 the
revolution of February took place was as follows:—The
debts of the company to the contractors and furnishers
of articles of various kinds amounted to about 2,600,000 E
The assets were composed-1. Of the balance of the
caution-money. 2. Of the balance to receive on the
capital... 3. Of various values in hand amounting to
1,639,414 f. 86c. 4. C•f disposable sums at the bankers
of the company, handed over to them for the payment of
the bills which we had'drawn on them. But the general
discredit which resultei from the events of February was
such, that it was impossible for us to get the values which
we were possessed of discounted, although being of the
very best description, and we were obliged to wait for their
successively falling due; on the other hand, the finan-
cial crisis, which weighed so heavily on all kinds of en-
terprise, and on the' whole country, also struck the
bankers of the company; so that the holders of our bills
having delayed to present them, we found ourselves
creditors for. a sum of 973,287 f. 9c. Steps were taken to
obtain from the Government the reimbursement cf the
balance of the caution-money; and necessity as well as
justice rendered it a duty for us to invite the share-
holders who were behind hand to complete the payment
.of their calls. On the other hand, we obtained from our
creditors a delay of two years. At the same time, we
successively received an account of the values which we
held in hand, anti which amounted to 1,693,414 f. 86c.,
a sum of 1,399,226 f. 21c., or 85 per cent. ; and one of
20 per cent. of the amount of our credit account with
the bankers of the company. This amount of sums
received permitted us to finish the works on the line, and
to reduce our debt to the contractors and furnishers to
561,220 f. 80c., for the payment of which there remain to
us the following assets:—

F. c.
1. Balance to receive on the capital . 22,350 00
2. Balance to recover on the values which
we hold
... 340,188 59
3. Balance of debtor account
4. Cash in hand

Total 1,237,453 34
In deducting from the amount of these
assets, Ist, the residue of the debts,
or
2d, the sum of 450,000f. 00c.

1,011,220 SO

There will remain to us a balance 0f... 226,232 54
" We are therefore perfectly justified in declaring
that the social capital, with the addition of the interest
which it has produced, has fully sufficed, not only for the
construction, properly so called, of the whole line from
Amiens to Boulogne, but still more for the payment of
interest on the sums paid up to October 23, 1847, and
which interest amounted to not less than 2,636,674 f.
56c., whereas the interest received reached a sum of
only 1,060,700 f. 67c." The report then goes on to say,
that a sum of 750,000 f. was to be paid for interest from
October 23, 1847, to April 17, 1848, as well as a loss on
the difference of exchange on the sums paid up in
England of 431,558 f. 19c., making in all 1,181,558 f. 19c.
There were three modes of arriving at a liquidation of
these charges:-Ist. A deduction from future receipts;
2. A loan; and 3. The consolidation of these debts into
bonds, the mode of paying off which could be fixed by
the general meeting. The third mode is recommended
as best suited to the present state of business. " We,
therefore," says the report, "propose to you to decide that
in exchange for the acknowledgments of liquidation of
interest and difference of exchange which were to be
delivered to you, there shall be given to you bonds of
500 f., timing interest at 4 per cent. per annum, and
which shall be reimbursed in the following manner:—A
sum of 47,262 f. 33c. shall be, during five consecutive
years, appropriated to the payment of the interest of
those bonds; and from the expiration of these five years
a sum of 100,000 f. shall be devoted, part to the payment
of the interest, land the remainder to the reimbursement
at par of a certain number of the bonds so issued, se-
lected by lot, the drawing of which shall take place
in the month following the general meeting. This
debt, by the sinking fund thus calculated, will be
paid off in sixteen years." The report then speaks
of the results of the working of the line for the past
year. The receipts have amounted to 1,512,493 f. 44c.,
and the expenses to 928,607 t. 73c., leaving a clear profit
of 583,885 f. 71c. Conformably to the proposition which
we have had the honour to submit to you as above, we
demand your authorization to exchange these different
reconnaissances' for 2,363 bonds of 500 f. each, subject
to an interest of 4 per cent., and which shall be reim-
bursed in the following manner:—During five years
from this day a sum of 47,262 f. 33c. shall be
appropriated annually to the payment of the interest of
the bonds so issued. At the expiration of these fire
years a sum of 100,000 f. shall be appropriated annually
to the payment—lst, of the interest of the bonds; 2dly,
to the paying off of these bonds. In this manner the
whole sum of 1,181,558 f. 19c. of bonds issued will be
paid off in sixteen leers from the expiration of the five
years above mentioned. Every year in the month suc-
ceeding that in which the general meeting is held, the
drawing shall take place, by lot, of the bonds to be
paid off. The result of the drawing shall be made
public conformably to article 6 of the statutes." This
report was favourably received. Tbe-different proposi-
tions contained in it were then pdt from the chair and
adopted; after which the meeting separated.

ABERDEEN. '
An extraordinary general Meeting of the Shareholders
of this railway company was held on- Thursday, in' the
Royal Hotel, Aberdeen; Lord James Hay, chairman.
The CHAIRMAN :intimated that the present meeting
was a special ime,Called for the purpose of laying before
• the shareholdera tWo proposals—one by the London and
North- Westerli Railway and the other by the Edinburgh
and North6ti Railwlay, in connexion, it' was understood,
:_withthe Noitlil3eifiA3,•and York; Newcastle, and Ber-
wick Railways.:
The following report was read
• "The meeting had to consider first a proposal by the
London and •North -Western Railway Company to take
. at valuation the present working plant of the Aberdeen
:Railway Company, and advance on account thereof a
sum of 80,000 L —on the completion of the .agreement,
until the exact value shall be ascertained; also to fur-
nigh the necessary additional plant required, and to
work the Aberdeen line from the present time, and for a
period of five years atter the opening of the line to a
point near Aberdeen, at a 'Mileage rate to be fixed by
Mr. • Locke, the engineer of ' both companies. The
second is a proposal by the •Eainbuigh and Northern
Railway Company, in conjunction, it is understood,
with the North 13ritish, and the York, ,Newcastle,.
and Berwick Railway Companies, to take and pay for
by instalments of 2.0,000/. per month, the whole of the
new stock anthorised to be raised by the Aberdeen Rail-
.way Act, 1848,-aniounting to 276,000 L (subject to the
option of such shareholders as may choose to do so to
take It 'rateable proportion of the new stook correspond
-
big to the number of shares held by them), on condi-
tion that the said new stock shall be guaranteed a
dividend of six, per cent. per annum, for five years,
and five per cent, per annum thereafter in perpetuity,
and participate in any dividen4 exceeding five per cent.
-which may at any time be declared On the whole stock
of the company, The Edinburgh and Northern Coml.
pany also agree, on the completion of the line to 'a
point near Aberdeen; to take and pay for at valuation
the 'Aberdeen Company's working plant, and to work
the line thereafter for a period of twenty •one years, at
a charge of 40 per cent, of the grosi receipts; but an
account of the actual expenses is to be made up at the
end of every three years, and submitted to the Aber-
deen Company; and should there be any difference Of
opinion with regard to their amount, or should it ,be
considered that 'the said per centage entails loss on
either
.party, the amount of the per centage shall• be
determined by engineers to he mutailly-chosen."
Resolutions in accordance ..with the report were
agree to.: .

otrrrc DEVON RAILWAY.—This company has made
a variety of. alterations in the arrangement of its trains,
andliku- the. Great Western Company, it had, at first,
determined not to allow the issue of return tickets. For-
tunately, however, for the interests of the company, as
well.as for the convenience of the public, the directors,
at a meeting which was held on Saturday, re-considered
the subject, and came to the determination to continue
the system of granting return tickets. As the South
Devon Railway is mostly used as a pleasure line, the
'withdrawal of the facilities that have been allowed would
have been attended most probably with a great sacrifice
.of-income. The alteration in the trains is to commence
on the Ist of November. There is no truth whatever in
the statement recently published by one of the local
papers, of a reduction, its the wages 'of the porters, and
of the salaries of the other officials.

OPENING OP THE EAST AND WEST YORE SHIRE.—
This new line, that for fifteen miles accommodates the
et st and.west. districts of Yorkshire; wasvnblicly opened
yesterday, when three trains ran each way, connecting
the adjacent districts with the York and Newcastle and
Leeds and Thirsk system of railways. The line .fur-
nishes facilities to the inhabitants of the beautiful neigh-
bourhoods of Kriaresborough and Harrogate, and the
trains touch at Allerton, Marston, and other places in
their transit. By means of it, the farmers of East and

• RAILWAY .INTELLIGENCE,
AMIENS TO BOULOGNE.
The general meeting of the shareholders of this com-
pany was held on Saturday, October 28, in Paris; M.C..
Laffitte,.the.pretident, in the chair. Near him was seated
the following directors :—M.M. Blount, Calley de St.
Paul, Lhuillier, Adam, Fontaine, Baxendale, Lewis
Cubitt, and Captain Tyndal. The meeting was exceed-
ingly numerous, not less than 10,293 shares being repre-
sented. The Secretary proceeded to read the report.
This document gives a very favonrable account of the
position of the enterprise, and presents this striking pe-
culiarity—that the whole of the Boulogne line has been
completely finished with the sole resources of the_ capital
subscribed, and without any appeal whatever having
been made for additional funds, notwithstanding the ex-
ceedingly difficult circumstances which have arisen
during the last two years. The report stated that the
line was opened in the spring of 1848. With the defini-
tive stations at Boulogne and Abbeville, the whole of the
works of the line were terminated. As the intercourse
between England and France had for the moment fallen
off, the board of directors had determined to fit up, for
the present time, as a passengers' station, part of
constructions originally intended for goods; a saving o,
500,000 f. had been thus effected. The folowing table
which you have before you indicates the manner in which
the expenses of establishment incurred since the com-
mencement to September 30, 1848, have been divided:—
Chap. Chap.
hhaa
pp 4 3.
EngineersG
1.. E
rxop
urd
ent se s anterior to the con: f. e.
tution of the company 418,713 65
Chap. 2. Administration
••• ... 650,691 11
..• ... 5,026,329, 21
Chap..S. Works undertaken ... 16.862901,756105 4841
Chap. 6. Fixed stook—Way 8,507,379 42
Chap. 7. Moveable stock ••• ... 4,346,376 55
Chap. S. Interest paid 2,602,500 OQ
•