The Sun.
London, England, 1851-05-15 00:00:00

STEAM ON TIIE ATLANTIC.

Oar files of New York j,urnals taceiverl yesterday
contain a curious challeng••, signed Derius Davidson,"
and dated New York, April B, offering to constrict an
°evert steam-ship c4p-shle sr steaming 439 metes per
diem, namely, 100 miles every 24 hours more than have
et been achieved by the swiftest steamship efi ,a.. We
quote the 101 l ming passag.:—. The undersigned and
his associates hereby ',,form the public that they are
prepared to enter into a Contract with responsible parties
in the United States or tngland to build a vessel at
their own expense, within the period of 18 months,
which for strength, availsnle capacity for burden and
passengers. satety, durability, economy of construction,
propuls.on, &c., shall be sr-levelled by any vessel now
eft ,at, or that is now being built in this country or
sr
el el
Ea
esu ter
owlpoeoa.o7.
?Tui miles se f(t)uer rr tmnh
,es,wr
uponii
tbnhe i2n4r
beingu
whntohhuhi
ecruassitl
tttsi hmut achieh
a contract will be entered into are, that upon the
nee.
Europe to be run on the ocean ; and, in point of speed,
shall
ta
jys
cobct:h
ner rut
rnyveaost
possessing undersigned,
th
e& (qt.
u,
abl
iiiledsi nage
da
tvheasts e
can l w
speed above set forth, they, the opposite contracting
parties, shall pay to theuudersigned and his associates,
within three months thereafter, the sum of 250,000 dolls.;
and they shall have the privilege and right to purchase
said vessel by paying there for the cost of building,
together with the right to run her, while she lasts, on
t.ny route they choose. -In case the undersigned and his
associates fail to perterai what is above set forth within
the time specified, they will pay to the opposite contract-
ing parties, within three months thereaft,r, as a forfei-
ture, the sum of 250,000 dolls. The undersigned and
his associates are also prepared to enter into a contract
with responsible parties to build a vessel, at their own
expense, within the period of one year, to run between
New York and Albany, which shall make the passage
between the two cities (150 miles) in five hours, and shall
possess all the advantsges and qualifications set forth in
the vessel for the ocean. On the undersigned and
his associates performing their part of the contract
as above set forth, the opposite contracting parties
to pay him and his associates within three months
thereafter, the sum. of 250,000 dolls. And in case
the undersigned andhias, withinassoci three monthsatesfail topetrhfoerrem-
te to their part of the contract, as above set forth, and in the
time
tr, specified,
opposite will py
contracting parties, as a forfeiture,
like the
59,000 dollars. The opposite contracting
parties shall have the privilege and right to purchase the
said vessel, and run her on the North River while she
lasts,
aestuh me
o f 2
by paying therefore the cost of building, and also
have the privilege and right to purchase from the under-
signed and his associates their whole right, title, and in-
terest in the exclusive building and use of all vessels on
the plan of the said vessel abovehnamed, to run on the
Hudson and East rivers, and ?n
etde Western lakes, by
• therefor to the undersign and his associates
paying dollars. The undersigned
he further sum of 500,000
t •
and his associates reserve to themselves the privilege and
right to stipulate further details on closing said contracts,
f the abovenamed entracte
I to change the terms 0
before being entered into, in any way they deem proper,
and agreed by the •
es
pen parties
or that may be required u
mutually binding themselves
thereto." Oar accounts
remarkable
throw no light on the
forth.—Liverpool Albion.

TELLIGENCE.
preamble proved, and that
striking out all powers
r- - B arait , , a , the chairman of
EaRTALIANIAcWAsHAIRYE. I.N.Str.
loan.
SHARES )
tOthbfl:-!C63'!"rineUniinteteeeni'Wdiertdhept(oh)trehtesi3rtichiolembpyanies, and restricting the
prJrnoters to the remaining objects, which consist in
raiLsiAnNgc3AoB4ll,o,oatEd. bAyNDshayr.o.7l:snudi4l,2ss,s(3F3ll.rnuy
The CoMUil tee on this Bill rep:rt that the, parties pro-
moting it had requested permission to withdraw it.
WARRINGTON AND ALTRINCHAH JUNCTION,—The
Committee report the preamble proved that the pro-
posed capital is 180.0001, and loan 60,000/ ; amount of
•tahares subscribed, 137,0001., and deposits paid, 13,7001.
Amount subscribed by shareholders having a local in-
terest, 93,2501., and the length of line and branch thir-
teen
benomnd fr/esiles.T(h;tCheornsumbistctreiep,,sitt:nterelte:li:eitl. inquiry, report
CALEDONIAN AND DVNBARTONSIIIRE.—A special
meeting or the shareholders of this company was held in
the Qeeen's Hotel, Glasgow, on MoodaY, to consider a
proposal from the present lessees of the line for the re-
nunciation of the agreement. A report from the direc-
tors was read, which stated that they had received a pro-
posal from the Messrs. Burns, the lessees of the line, to
renounce the working igreemeut. The reasons that had
induced them to do so were, that they had parted with
all their river steamers, and ceased to be connected with
the West Highland trade. The lessees effsred to give
8001 in addition to the rent up to the 15th, and to hand
over to the company all the extra Plant they had pro-
cured, which was valued at 2371. The report was una-
nimeusl!, recommended the acceptance of the proposal;
the more so as the lessees had power, by the agreement,
to give it up is January, 1852. After some questions as
to the future arrangements, which the chairman stated
were- in all respects to be the same as the Messrs.
Burns would leave them, with the exception of the su-
perintendent, who, the dircetors considered, should be
one of their own body, and resident near the line, the
report was agreed to.

REPRESENTATION OF THE ISLE OF WIGHT.--The
nomination of candidates for the county of the Isle of Wight
will take place at Ne7-p;rt en Friday Iceek. '' '