The Sun.
London, England, 1846-05-23 00:00:00

(11 ENT L CITY TERMIN US.-
1..) The Model of Mr. CHARLES PEARSON'S proposed AR-
CADE RAILWAY and PASSENGER STATION in FARRINGDON,
will be exhibited at the City of London Literary and Scientific
Institution; Aldersgate-street, on TUESDAY evening the 26th instant,
when Mr. PEARSON. will explain the principles of his proposed
plan, and will demonstrate the increased facilities to the passage of
the existing and increased traffic, which will be afforded by the
raising of Holborn Valley, and the re-adjustment of the adjacent
streets.

The Chair will be taken at Seven o'clock precisely.
A limited numt•er of tickets, fOr the admission of ladles and gentle-
men (not members), may be had, by application, on Monday next, at
the Institution, and of Mr. Richardson, Cornhill, or Mr. Effingham
Wilson, Royal Exchange. .

LONDON, BRISTOL, and SOUTH WALES
DIRECT RAILWAY. _ _ _

The replies to.the circular of the 30th ult., from Bab Committee of
Management, having been received, and the expressed wish of a
large majority of the Shareholders being in favour of an immediate
dissolution of the Company, the Committee of Management beg to
inform the Shareholders that they have consequently withdrawn the
Bill from the House Of Columns, and given orders for all outstand-
ing accounts to be forthwith sent in, when, after their careful exami-
nation and payment, the earliest notice will be given to the Share-
holders of the aluottlit ofdeposit that will be returned to them.
The Committee of Management, wlfle acting upon their promise
held out to the Shareholders in the above circular, take this oppor-
tunity •of expressing their regret that the Shareholders have com-
pelled them to adopt a step so much opposed to their confident
opinion as to the success of their applicatloa to Parliament, and the
great value of the undertaking they have been forced to relinquish.
By order, FRANK W. SYKES, Secretary.
29, Parliament-street, May 21, 1846.

THE DIRECT BOMBAY and MADRAS
RAILWAY COMPANY.
(Provisionally Registered.)
Capital 4,500,000/., in 90,000 shares of 50/. each,
Deposit, ss. per share, being the amount limited by the 7th and Bth
Victoria, cap. 110, with the provisions of which Act the Company
have strictly complied ; and no further call until the local surveys
have been taken and reported to the shareholders.
PROMOTER—Captain BOUCHETTE, C.E., son of the late Hon. Colonel
Bouchette, Surveyor-General for Canada.
Offices of the Company-58, Fenchurch-street.
The plans, maps, and sections of this line have been laid before the
following most distinguished and influential personages, who have all
given their approval of its importance and utility.
His Royal Highness Prince Albert, of Saxe-Coburg Gotha, KG.
G.C.8., &c.
The Right Hon. the Earl of Auckland, G.C.8., late Governor-General
of India.
The Right Hon. the Earl of Ripon, President of the Board of Control
for the Affairs of India.
The Right Hon. the Earl of Dalhousie, President of the Board of
Trade.
The Right Hon. Lord Metcalfe, late Governor of Madras, and. Geyer-
nor-General of Canada.
General Lord Aylmer, G.C.8., late Governor-General of Canada.
General Lord etrafford, G.C.8., G.C.H., late Commander-in-Chief of
the Forces in Ireland.
The Right Hon. W. E. Gladstone, her Majesty's Principal Secretary
of State for the Colonies.
General Sir Howard Douglas, Bart., G.C.8., F.R.S., and
M.P., late Lord High Commissioner of the lonian Islands.
General Sir James Caldwell, K.C.B.
General Carpenter, H.E.I.C.S.
Colonel Sir Francis Cockburn, late Governor of the Bahamas.
comfairrxe.
Major-General Moss, IlonourabSe East India Company's Service.
Major-General Watson, C.D.,
Captain Frobisher, H.E.1.C.5,.
J. Hodgson, Esq., Oakhill-p ark, Middlesex.
Captain Gilham, Bengal
H. Hadding, Esq., Hoobl j, near Darwar.
Richard Lucas, Esq., ey, Bucks.
W. J. Jerardjee' Esq., Madras..
Thomas Fuller, Esq.
• merchant, the Elms, near Louth.
(W,th power to add to their number).
Constmers.o ENGINEER—John A. Galloway, Esq., C.E.
ENGINEERS—Ca.Ptnin Bouchette ; Walter P. Wade, Esq., late Royal
Engineers.
STANDING cJorNsm—Her Majesty's Solicitor-General ; Alexander
Cockburn, Esq., Q.C.
BANKERS. •
1- '.radon—London and County Bank.
Bombay—Bank of Bombay.
Edinburgh—British Linen Company's Bank.
York and Leeds—Yorkshire Banking Company.
Hull—Hull Banking Company.
Bristol—Messrs. Stuckey and Co.
Birmingham—Birmingham and Midland Banking Company.
Southampton—Hampshire Banking Company.
Glasgow—Union Bank of Scotland.
Liverpool—Tne Liverpool Banking Company.
AGENTS.
Bombay—Messrs. Nicoll and Co. Madras—Messrs. Binny and Co.
SECRETARY—James Ward, Esq.
PROSPECTUS.
Public attention is naturally directed to the continent of India, in
these times of speculative enterprise, as a new and unexplored field
for the investment of capital, from the conviction that the yet unde-
veloped resources of its wealth, its industry, and its productive
power, will richly and amply remunerate the speculator.
The millions who people that vast and fertile region of the globe,
only require the impulse of enterprise to ran forth tne almost bound-
/ann. immediately surround them; and were they possessed
of that great artery of civilisation —railroads —the current of their
political and Industrial strength would instantly.become enlarged, not
only in volume, but In richness also.
If we glance at the continent of India, we find our power mainly
concentrated on three points on the coast—Calcutta, Madras, and
Bombay, which form an irregular triangle, the base of which may
be termed Madras and Calcutta, and the apex. Bombay; and the
great bulk of the wealth mid physical power of India is inclosed
within that figure; therefore, it becomes a :natter of the primest im-
portance to have the intersecting lines rif our empire as perfect as
possible, so that our power may be fel.t at every point, and our in-
fluence extended to every part. Pron./ the want of this concentrative
,spt:nt a
dr
aabtgui
eou lieu of be
rd othe mother
a lucrativeher
country,
payinglndia hasiexecutivetsbecoe almost
a,ini
,i
Pboawreelyr,
possession —a wealth-yielding thi
To obviate this great and glaring defect in our Anglo-Indian em-
pire, it is only necessary t.(l extend to her the same means of com-
munication that we possess at home ; to bring, in short, the great
centres of her internal -power nearer to each other ; and, instead of
depending upon her rivers as lines of traffic and intercourse, she
ought to have a Well-arranged network of railway extending over
her surface ; then she would Increase in power, and augment in
riches.
The Direetßombay and Madras Railway is projected to carry out,
in part, this noble schema;. and a single glance at the map must
convince the most cautious calculator that the project is well founded,
and the line of route happily chosen to effect its purpose; as it will
intersect the most wealthy and industrious provinces of the continent
of India, tile Carnatic, and the Mysore, which abound in natural
productions, in manufacturing industry, and in agricnitural wealth.
The two great i'resideneies of Madras and Bombay will be brought
within a few hours' journey of each other, and not months, as here-
tofore ; and, in lieu of vessels making a long and dangerous voyage
of some 5,400 miles half round the entire peninsula of India, their
vastly cargoes may be easily conveyed to Bombay for shipment, in a
less number of hours than the voyage occupies days ; thus avoiding
all risks of damage, peculation, wear, and tear, &c., which in general
characterise these voyages. The saving of insurance will also be
immense—a matter of first-rate importance.
In a political and military point of view, the line must be of almost
incalculable importance, as it will intersect the great depots of the
East India Compasay, and afford at a.l tunes a ready and prompt
conveyance for troops, baggage, stores, artillery, and that cumbrous
materiel which invariably attend their march ; and, above all, it will
prove of the utmost utility to the Indian Government, in the distri-
bution of their forces among the various military posts of the three
Presidencies, and for their rapid concentration on any required point,
the watt. of which was so distinctly shown in the late calamitous
events on the Sutlej, and the consequent fearful sacrifice of life.
The district traversed by the Direct Bombay and Madras Railway
contains upwards of 30,000,000 of inhabitants ; and the wants and
industry of this large body already yield a considerable tonnage,
at.hough in a comparative state• of barbarous communication. In
the report of the Bombay Chamber of Commerce, we find that the
traffic to and from that City amounts to 187,343 tons annually, con-
sisting chiefly of cotton and salt. These two items form merely a
fraction of the requirements of the Indians. Bombay is unapproach-
able except bye dangerous and expensive sea-board, and a cheap and
safe communication can alone render available her internal resources.
Cotton has now to be transported 500 miles to the coast, to reach
Bombay for shipment. A railway would naturally obviate so cir-
cuitous and expensive a route. Some idea may be formed of the de-
struction and delay occasioned by these journeys, when we state
that the cotton is carried on the backs of oxen, at the rate of 10
miles per day, which enormously augments its shipment price. The
present cost of conveyance from Nagpore to the port of shipment is
from 14/. to 2'./. a ton, and the charge by rail of 2d a ton permite would
amount to 41. 3s. 4d., a considerable difference. The same facts pre-
vail in regard to silk and other commodities, which are of the first
importance to our manufacturing interests.
This line will also bring nearer to us the fine island of Ceylon, with
all its rich productions, commencing as it will at Madras, and taking in
its course Arcot, Vellore, Banglore, Oscotta, Bangalore, Sera, Dodairee,
Hurrioor, Ohittledroog, Myacunda, Anagee, Hurryhur, Shahnoor,
Hullyhall, Hoobly, Darwar, Taloor, Gohauk, Rybaugh, Meeruj, Kola-
poor. Satara, Poona, Poonah, Tulligaon, Singhur, Callianee, 13asseen,
Salsette, and Bombay ; thus absorbing the interests and traillc of up-
wards of 30 first-rate cities, and from 400 to 500 towns in the ni,:z,t
densely populated part of India, facilitating the conveyance of cotton,
coffee, tobacco, opium, sugar, silk, senna, gum, cassia, (lye-wows,
hides, furs, lac, betel nut, saltpetre, spices, fire-wood. '.;barecial, coal,
corn, and various kinds of grails, indigo, &c., ~nd the imports of
treasure, manufactured and other goods, salt, tee, Re.
The passenger traffic alone, accordireg t
calculation, will yield an ample pesposetentage
r on ;sn
tokea becapital
raised;refl u
and the immense tonnage of sSterchandise and raw produce must
insure to the shareholders a profit beyond even the first-rate lhtes of
England.
The promoters o( the present scheme have received intelligence
from their a.ger.'tS that the line presents no engineering difficulties,
and that th
e cost of construction must be moderate, labour being
plentiful, and the purchase of land comparatively trifling, and wood,
coal! and iron abounding in the immediate neighbourhood of the
whole
The management of the Company will be vested in a Board of Di-
rectors in London, in connexion with an influential branch both in
Bombay and Madras.
Care will be taken, in the act constituting the Company, that the
responsibility of the Shareholders shall be limited to the amount of
their subscriptions) and four per cent. interest will be paid upon tile
capital advanced up to the time of construction. The Directors also
beg to call especial attention to the principle by which allottees in this
Company are protected glom an objectionable responsibility, by the
condition that their application for shares will not be considered
binding upon them, should they afterwards decline to pay the de-
posits recall: ed at the time specified ill their letters of allotment.
A reserve of 40,000 shares will be made for India, which the pro-
jectors have much pleasure in stating will scarcely suffice for the
demand already made.
Applications for shares, in the annexed form, may be addressed to
the Secretary, at the Company's offices, 58, Fenchurch• street, and to
the undermentioned sharebrokers and agents :—Messrs. Joshua Hut-
chinson and Son, Lothbury ; Messrs. Hughson and Dobson, Frederick-
street, Edinburgh ; Mr. Edward Dickenson, Liverpool; Messrs.
Borthwick. Campbell, and Co., Glasgow; Mr. J. It. Massey, 6,
Temple-street, Birmingham ; Mr. Thomas J. Greaves, St. Ann's-
square, Manchester; Messrs. Edward Morgan and Co., Norwich;
Messrs. Borthwick and Co., Newcastle-on-Tyne; Mr. W. H. Land,
Sheffield ;
and Alderson, York; Messrs. Muncaster and Nilson,
VOlihant, Perth
Messrs. Turnbull and Meister, Hun ; Messrs. Dodsworth
11\1r. J. Clark, jun.,
Mossts. Elsgood and Hartrhisoann,d
Luscombe,
Plymouth ; Mr. Percy
Bristol;mr .jo
Southampton
Mess".
; Mr. Thomas Sandford, Exeter;
lin Caldecott, Bridge-street, Chestesrtetr M. .
Bolger, Gardener-street,
Mr. W. Miles, Worcester ; Messrs. White and Son, Leamington and
•le and Clarke, Coventry • , Mr. J. W. Carr,
Colchester ; Messrs. Lang and Brown, Glasgow ; Messrs. Smyth and
Halifa
; Mr. Ricard ,
Bx
;edats,Messrs Royal
Smith Exc
and Perfect/ Le ,hange, D
ed • m J.h Hurry,Richardson Spalding,
Warwick ; Messrs. Bro
s r.
and Mr. James Stokes, Cheltenham.
JAMES WA.RD, Secretary.
May, 13th, 1846. '
FORM OF APPLICATION.
Railway.
Gentlemen —I shall feel obliged by your allotting to me
not
To the Provisional Committee of the Direct Bombay and Madras
shares of 501. each in the above Company; and if the deposit
_
paid on or before the time specified in your letter of allotment, you
may consider this application void.

Name in full ••• • • ...... • •
Residence •••••••• • • • • • • • •
Trade or profession. • •• • • ••
Date • • ...... •• • ....... • • • •
Reference •• .• ••• • • • ..... •
\o farther apprmtion for hare; can be received after Thursday,
Ml,y- 2 3 ,