The Sun.
London, England, 1856-08-23 00:00:00

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to suggest that there should b 3 established in thistol
I schools for boys, that they might be suitably trained for
the sea service. There was au establishment of that de-
scription at Liverpool, where, on board the Akbir, boys
most suitable for that mode of discipline were trained for
the sea. He also smested the formation of a branch Ito•
formatory Union for the west of England. He moved
" that it is desirable to establish reformatory and preven-
tive schools in all parts of the United Kingdom, to provide
for the many thousands of youthful offenders who are an-
nually added to the criminal classes in this country."
The Rev. Canon GIRDLESTONE seconded the resolution,
and said that, while he would yield to no man in his admira-
tion of the principles and practice of the Church of England,
yet he saw no reason why he might not co-operate on the
utmost possible scale with those who differed from him on
points of doctrine, but who agreed with him in making one
common effort to overcome the common enemy. (Cheers.)
The resolution was unanimously agreed to.
A vote of thanks, moved by the MAYOR and seconded by
Mr. W. MILES, to Lord Stanley for having presided over
the proceedings of the conferences and public meetings of
the Great National Union was then carried by acclama-
tion.

Lord STANLEY, in acknowledging the compliment, said
ho was amply rewarded for whatever service he had been
able to render to the association by the reflection that their
sole efforts were directed to the attainment of a great pub-
lic benefit.
The meeting then separated.

RAILWAY INTELLIGENCE.

• SCCUTH-EA.ST_EIIa.-
The report of the directors of this company state's- that
receipts and expenditure for the half-year ending the 31st
of July last show a considerable increase. The gross re-
ceipts have amounted to 503,1771. (including 27,071., the
receipts from steam-boat traffic), being an increase of
35,039/. over the corresponding period of 1355. After pay-
ing and providing for all working charges, rents, interests
on loans, annuities and dividends on preference shales and
stock, there remains available for dividend on the ordi-
nary consolidated stock of the company the balance- of
123,1911. A dividend of 9s. 63. per 301. stock, or at the
rate of 31. 3s. 41. per cent. per annum, will absorb a sum
of 117,7001., leaving a balance to be carried forward of.
5,4 01., and this rate of dividend the directors recommend
to be payable on or after the 4th of September next. An
analysis of the receipts shows an increase in the passenger
traffic 0132,1471., 4,6011. in goods, minerals, and cattle,
and 571/. in rents, but from which there is _deducted a de-
crease of 2,235/. in the steam-boats. The expenditure
shows an increase of 20,4711, and a decrease of 6,402/.
The total number of passengers conveyed upon the South-
Eastern lines during the half-year has been 4,646,218, or
an increase of 465,263 passengers ever • the corresponding
period of 1855. There has been a decrease in the number
of passengers conveyed to and from Dover and Folkestone,
autrin the receipts from through continental traffic by
rail and boat, the last half year comparing unfavourably
with the corresponding period of 1855, which included
three months of the Paris Exhibition traffic; but this com-
parative falling off in the receipts for through passenger
traffic has been more than made up by the increase de-
rived from other sources, amounting iu all to 32,1171. un-
der this head. In this increase is included a sum cf
4,2011. derived from mails on the North Kent line.
The directors state that, while the receipts derived from
all sources have been increased by the sum of 35,0391., this
amount of increase laa-s been earned by an addition of not
I more than 8,2351. to the actual working expenses, exclu-
elusive of compensation, Government duty, rates and taxes.
The company's boats have been maintained iu an efficient
state, and extensive repairs and renewals have been effected
in them during the half-ye sr, which explains the increase
in the expenditure under this head. The total cost of these
repairs has amounted to 6,8431. The steamers have con-
tinued to poiform their voyages between Folkestone and
Boulogne and Dover and Calais with their accustomed re-
gularity. The number of passages made between the op-
posite shores during the half-year has been 891, and the
average time occupied by each has been 1 hour 56 minutes.
Sums amounting to 11,8121. Os. 43. have been paid as com-
pensation to persons injured by accidents which occurred
upon the railway in the course of last year. In consequence
of the rise in the value of money during the late war there
has been an increased charge of 2,7141. Hs. 9d. for interest,
&c. The sum of 5,1681. has been charged against the half-
year's revenue for dividends on the preference capital
created and raised for the construction of the Strood and
Maidstone branch. This line was opened for passenger
traffic on the 18th of June last ; and therefore the capital
so expended has now become reductive, and will probably
become a source of profit to the pooprietors. The capital
expended during the half year has aunotr,ted to 51,2371.,
the principal portion of which (23,492/4 has Loqu on ac-
count of the construction of the Strood and Maidstone
branch. There has also been expended on the works at the
Folkestone Harbour Station, now nearly completed (the
baggage examination room being in use), the sum of 6,7191.,
and on additional working stock required for the Strood
and Maidstone branch 8,6151. The capital required for the
above purposes has been raised partly by the exercise of

the company's additional borrowing powers under the act
of 1555, and partly by the issue of tho new fixed 4 per
cent. shares under the provisions of the same act. The
sum of 113,3101. had been received from the latter source

up to the 31st ult., and the capital thus supplied being
sufficient for the company's present purposes the furthcr
allotment of the shares has been closed. Tho direc-
tors accordingly propose to make additions to the work-

ing plant from time to time, as the necessities of the
traffic require, under the authority granted by the proprie-
tors on the 7th of SepteMber, 1854. The directors request
the sanction of the proprietors to the following expenditure
on new works :-3,5001. towards the formation of a joint
station at Lewisham, at the junction with the North and
Mid-Kent Railway; and 5,7001. for the purchase of laud
and the construction of the embankment and works neces-
sary to form a proper junction with the Tunbridge-Wells
and Hastings branch at Tunbridge. It is also recommended

that the sum of 2,775/. should be charged to capital, being
the cost of the additional materials used during the half-
year in the ash jointing of the rails, the cost of relaying,
including new rails, sleepers, ckadrs, and labour being
charged to revenue. The directors also request p ;wer to

expend a sum not exceeding 10,0001. in extending the horn
at the end of the pier at Folkestone, with the view of af-

furdieg atitlitional facilities for the s- team-b)at traffic and

the security of the company's buildings at that place.
The capital account shows that 11,438,014/. had been
expended to the 31st of July last, leaving a balance against
the account of 16,6781. The debenture account shows that
2,709,468/. was raised on debentures, of which 1,3761,0071.
was borrowed at 5 per cent., 394,3701. at 4.1 per cent.,
376,0001. at 4j per cont., 59,1001. at 4i per cent., 485,9111.
at 4 per cent., 13,5001. at 3i per cont., and 3,03'J/. at 3
per cent.

The revenue account shows that 503,1771. ha.cl been re-
ceived during the half-year ending the 31st July, including
27,071/. from the steana-boats, and 235,2 i6l. expended, in-
eluding 20,692/. for working the steam-boats, 12,3171. Go-
vernment duty, and 18,7821. rates and taxes, leaving a ba-
lance of 217,9301.