The Sun.
London, England, 1848-10-05 00:00:00

OCTOBER 5, 1818.

44,30 f t
A
tar' "iri 14 IN
r;.; fj 54 %ma'
-

LONDON, BRIGHTON, and SOUTH
COAST RAILWAY.—(THIS DAY.)
An extraordinary meeting of the shareholders of
the London, Brighton, and South Coast Railway
Company jock place to-day, at: the Bridge-house
Hotel, London-bridge, for the purpose of authorising
the directors to affix the seal of the company to an
agreement with the London and South-Western
Railway Company for the sale of a joint property in
a portion of the Portsmouth extension of the Brighton
and Chichester Railway; and for the purpose of con-
sidering the expediency of exercising the powers of
the Company's Act, 10 and 11 Viet., c. 276, for re-
ducing the number of directors, and determining the
order of rotation in which such reduced number shall
go out of office, and what number shall be a quorum
at their meetings.
Samuel Laing, Eq., the Chairman of the Com-
pany, took the chair at one o'clock.
The routine business having been disposed of,
The Summon of the company read the heads of
the agreement with the London and South-Western
Company.
General CORRIE wished to know what benefit
would be derived from the arrangement to the Brighton
shareholders.
The CHAIRMAN said that he was able to state what
the benefits would be. He was happy, on the first
occasion of appearing before the proprietors as their
chairman, to be the announcer of a message of
peace with the South-Western Company.—(llear.)
When he became a director of the Brighton Com-
pany, his first attempt was to remove, if possible,
:he unsatisfactory state of things that existed between
the company and the South-Western, and he was
happy to say that, with the assistance of his friends
in the direction, they had made an arrangement
which had been met in an amicable spirit by the
South-Western Company, the result of which would
be that instead of the South-Western making an in•-
dependent line to Portsmouth, the line would be
made by both companies jointly, the South-Western
paying to the Brighton Company 60,0001. for
the line as it at present stood.—(Hear, hear.)
The Brighton Company would be benefited by the
arrangement to the extent of between 60,0001. and
70,0001., and the South-Western Company would be
equally benefited. He believed sincerely that the
practical result of the agreement would be to benefit
both companies to the extent of 76,0001.—(-fear,
hear, and cheers.) Another benefit would be that
there would be only one station at Portsmouth
instead of two, and they, he considered, would effect
a saving to the company of no less a sum than
2,0001. Added to this, the agreement would bring
about a proper spirit between the two companies, and
give far better accommodation to the public than it
had before.—(Hear, hear.) For his own part, he
felt bound to confess that he had never seen
an arrangement more honest or beneficial
for all the contracting parties. He thought it would
be a subject of congratulation to both companies that
such an arrangement had been effected. It was the
intention of the directors also to bring the capital
account to a close as speedily as possible, and that at
the smallest figure—(Hear, hear)—and in do-
ing so he could assure the proprietors that
the sum of 7,280,000/. would not be exceeded.—
(Hear.) He was happy to say, that whilst other
companies were showing a decreased return in their
accounts, the Brighton Company was showing an
increase, though a small one. By the arrangement
with the South-Western Company, the Brighton
Company would effect a great saving, not only in
the working of trains, but in the capital accounts.
The worthy Chairman concluded by moving a resolu-
tion adopting the agreement.
Mr. SCHULSTER seconded the motion.
The resolution, after a short discussion, was carried
unanimously.
The CHAIRMAN then proposed a resolution, the
object of which was to reduce the number of directors
from sixteen to nine. In doing so he stated
that the directors had balloted among themselves for
the purpose of ascertaining the nine directors who
should remain in office, and the result of that ballot
was the retaining in the direction the following
gentlemen :—Mr. Laing, the present chairman, Mr.
Cash, Mr. Charles Crowley, Mr. Edward Crowley,
the Hon. Captain Hotham, Mr. Laurie, Mr. Schuls-
ter, Mr. James Wishaw, and Mr. John Nix.
A PROPRIETOR regretted that the directors had
adopted that course, considering that it would have
been far better that the proprietors should have
balloted for the nine directors that were to remain.
Mr. WILSON addressed the meeting at some length,
complaining of the management and the course that
had been adopted by the directors, and moved, as an
amendment, that Captain Kelly and Mr. Whisker
should be restored to the direction as two of the nine
directors.
• The amendment having no seconder, fell to the
ground.
Captain KELLY said that nothing under heaven
should induce him to go back to the board again, as
there had been an influence pervading the board that
he had an utter want of confidence—ire. --The Hon.
Gentleman went at considerable length into the
occurrences that took place while he was in
the direction of which he complained, and
detailed circumstances to show how greatly the af-
fairs of the company had been mismanaged, and how
the repairs of the line and the engines had been
neglected, in order that the expense might be spared
to bolster up a dividend.
Mr. LovE was of opinion that the proposition for
reducing the number of directors to nine was a most
excellent one, and would give it his support,
but he thought the proprietors ought to
elect those nine directors, and not the di-
rectors themselves. (Hear, hear.) The Hon.
Proprietor moved an amendment to that effect.
Mr. WILSON seconded the amendment.
The CHAIRMAN then put the amendment, when
Mr. LOVE said he would withdraw it.
Mr. WILSON would not consent to the withdrawal
of the amendment.
The CHAIRMAN then put the amendment, and only
two hands being held up in its favour, declared it to
be lost.
Mr. WILSON then moved another amendment to
the effect, that the names of the nine directors should
be put seriatim.
The CHAIRMAN also declared this amendment to
be lost.
The original motion was then put, and declared to
be carried.
Thanks were then voted to the Chairman and direc-
tors, and the meeting separated.

o a single word of
What! he beheld six months ag
peace, contained in a line of the manifesto, shake
Europe more profoundly than the long cannonade of
the Empire ; and he wants after that great victory
not of our armies, but of our doctrines, to commence
an experiment of a different character—to substitute
cannon balls for principles, and to send our regiments
against Europe! But Europe would re-organise
herself against our aggression; what is destroyed
would be re-formed; the spirit of democracy would
give place to the spirit of nationality, and the monar-
chies would re enter by victories into all their former
power. Is that what you want ? No certainly.
Well then, why flourish a sound of trumpets in the
tribune ? Is it to please by sounding periods the
military spirit of our country ? But beware of
rousing it by a new policy of complaint, for it would
not be you, but others, that would profit of the
anachronism."

The Corseire says—" There is still a good deal of
talk of the retirement of M. Senard, Minister of the
Interior. It is no longer said that M. Armand Mar-
rast will succeed him. M. Ducoux is spoken of, and
it is said that he would be replaced as Prefect of
Police by M. Berger or M. Taschereau."
" Several journals," says the Moniteur, " have
spoken of a strike among the journeymen bakers.
These statements are incorrect. Their does ex-
ist, it is true, in this corporation, some
difficulties arising out of the different modes
of hiring now in practice ; but these difficul-
ties have not given rise to any act bearing the
character of coalition, or the appearance of a strike.
The citizen prefect of police is engaged in endeavour-
ing to reconcile the interests of the masters and jour-
neymen bakers. A meeting of the delegates and
syndics was held yesterday in the cabinet of the pre-
fect. M. Jules Favre attended as counsel for the
journeymen. It appears that other meetings will be
necessary, but there is every reason to hope that an
equitable conclusion of this affair will, ere long, be
come to."

The Gazette des Tribunaux says :—" It appears,
from information which we have reason to believe
correct, that the project of creating a Ministry of
Police is about to be carried into excution, and that
already the bureaux of the Ministers Fouche, Rovigo,
and Duke Decazes, No. 13, Rue des St. Frees, have
been arranged for assuming their old destination.
The new Minstry of Police is, it is said, to centralise
all information, all investigating action, at present
divided into three services :—The division of General
Police, directed by M. Panisse, in the Ministry of the
Interior; the bureau of Political Police, managed by
the Prefect, M. Ducoux ; and the General Surveil-
lance, ascribed by the National Assembly to its
special Commissary."

In accordance With a decision of the Minister of
War, the first departure of colonists for Algeria will
take place on Sunday next, when eight hundred will
be embarked from Marseilles, under the direction of
M. Chapelier, who has already made a long sojourn
in Algeria, and who will be accompanied by an
agent of the administration and a medical man be-
longing to the army. Of these eight hundred, one-
eighth will be composed of ten lime-burners, ten
quarrymen, thirty-six stonecutters and masons, ten
carpenters, five joiners, ten tile and brick-makers,
ten tilers, five locksmiths, two edge-tool
makers, and two wheelwrights. The follow-
ing are the points of the province of Oran, at
which these 800 persons will be located, viz., Goudiel
(St. Cloud), 5,400 hectares (the hectare being equal
to about two acres and a half English measure), on
which will be settled 300 families ; St. Louis, 1,777
hectares, 60 families; Joinville, 2,950 hectares, 150
families; lljebb Bow Alem, 900 hectares, 50 fami-
lies; Bow Ajmi, 900 hectares, 50 families; Garaba
(right bank), 3,300 hectares, 150 families ; Oued el
Hammen, 1,200 to 1,500 hectares, 60 families; Assi
Mamacha, 1,000 hectares, 60 families ; Mefra, 1,325
hectares, 40 families. The lands of Chartres have
not yet been surveyed. As to Sidi el Abbes 3,900
hectares have been surveyed and will be allotted.